HomeMy WebLinkAboutResolution 2023-07 Approving REU Credit PolicyCity of Corcoran
County of Hennepin
State of Minnesota
RESOLUTION 11U. 2023-07
Motion By: Bottema
Seconded By: Nichols
A RESOLUTION ADOPTING THE REU CREDIT POLICY
January 26, 2023
WHEREAS, polices guide in the preparation and management of the City's overall budget and
major objectives to be accomplished and;
WHEREAS, Government Finance Officers Association (GFOA) best practices recommends
government formally adopt financial policies and;
WHEREAS, the REU credit policy will be added to the Financial Guidelines;
WHEREAS, the policy will serve as a guideline for determining non-residential properties' base fee
charges for applicable utility services,
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Corcoran, Minnesota
authorizes the adoption of the REU Credit Policy.
VOTING AYE
® McKee, Tom
® Bottema, Jon
® Nichols, Jeremy
® Schultz, Alan
® Vehrenkamp, Dean
VOTING NAY
U McKee, Tom
❑ Bottema, Jon
❑ ❑ Schultz, Alan
❑ Vehrenkamp, Dean
Nichols, Jeremy
Whereupon, said Resolution is hereby declared adopted on this 26t"day of January, 2023.
ATTEST:
Michelle`�'riedrich —City Clerk
To McKee -Mayor
City Seal
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