HomeMy WebLinkAbout2012-04-23 12-146 RESOLVECOUNCIL ACTION
Date: 4-23-12 Item No. 12 146
Item/Subject: RESOLVE,, Appropriating $51,820 from the Forestry Trust Account to Purchase Essex
Street Property
Responsible Department: Finance
Commentary: The Forestry Trust account was established in 1997. The trust is funded from the sale
of timber from existing City forests. The purpose of the trust was to provide funds for the maintenance
and expansion of the City's forest. The use of these funds to purchase the property at 633 Essex Street
is in line with the City's overall goal to create trail connectivity to existing City forests/trails.
Manager's Comments:
Associated Information:
Budget Approval:
Legal Approval:
Introduced for
Passage
X First Reading
Referral
epartment Head
(;�kL tvA
City Manager
Finance Director
/-WA
Page _ of _
Assigned to Councilor Durgin
CITY OF BANGOR
12 146
April 23, 2012
(TITLE.) RESOLVE, Appropriating $51,820 from the Forestry Trust Account to Purchase
Essex Street Property
By Me City Councr/ of lie City of Banff.
RESOLVED, THAT the $51,820 is hereby appropriated from the Forestry Trust account to
purchase property at 633 Essex Street.
IN CITY COUNCIL
April 23, 2012
Fi st Reading
CI CLERK
IN CITY COUNCIL
May 30, 2012
Motion made and seconded for
Pard
CITY CLERK
passage
(TITLE,)
Assigned to Councilor