HomeMy WebLinkAbout1997-04-14 97-179 RESOLVECOUNCIL ACTION
Bate: 4-14-97 Item No. 97-179
Item/Subject: RRSOLVEt Appropriation of Lease Revenues Received
for the Use of the Cascade Park Parking Lot to the
General Fund's Reserve for cascade Park
Responsible Department: City Manager
Commentary:
ever the winter months, the City leasee a portion of the Cascade Park
parking lot to Eastern Maine Medical Center. Over the winter, we have
received $7,920 in lease payments. It has been our standard practice
to transfer these funds to the reserve we have established for Cascade
Park.
With this addition, the res6rve will now have a balance of $51,163. We
anticipate using these funds in then r future for rebuilding a
portion of the grotto's retaining wall.
manager,a Comments:
I Would recoomand your approval.
g ' � Fr
IAssociated Xufomlti=:Order
Budget Approval:.
Legal Approval:
TTV S(II T('TT(IWV
_Introduced For
Passage
• First Reading Pagao£
• Referral be Finance Committee
April 22, 1997 at 6 P.M.
9]-1]9
Assigned to Councilor Sullivan April 14, 1997
CITY OF BANGOR
�T Appropriation of Lease Revenues Received for the Uses
(TITLE,) C`¢SIIIU¢,........_........_.............. _.... _...... _....................... _............. 4.1 ... _........
..........._...
of the Cascade Park Parking Lot In the General Fred's Reserve for Cascade Pork
By Ilio cry Cpb,wa ofw City OfBanw. -
ZMWLVsn,
there is hereby appropriated the amount of S7,920 to the General
Fund Reserve for Cascade Park. This represents lesse permit received for the lease ofaportion
of the Park's parking lot over the winter months by Eastern Maine Medical Carter.
IN CITY COUNCIL
April 14, 1997
First Reading
I\/\Referred to Finance Committee
ONNCIL
April 28, 1997 -
Passed
97-179
EES0LVE
Ano [ov 21a[ivn of Le sae Revenaee Relived
for the Uses of the Cascade Park Parking
Loc to me several Nod's Reserve for
Cascade Park