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HomeMy WebLinkAboutRES 2006-51 AUTHORIZING SUBMITTAL OF AN APPLICATION FOR AN INTEREST-FREE LOAN FROM THE METROPOLITAN COUNCIL City of Corcoran County of Hennepin State o,�'Minnesota RESDI.UTIQN �IO.2IIQfi- 51 Motion By: Thomas Seconded By: Grabowski AUTHORIZING SUBMITTAL OF AN APPLICATION FOR AN �ITERES'T-FREE I.Q�#11i FRQI�'I'HE METRL?PQLITA11i CQIJ�ICIL WHEREAS,the Metropolitan Council has$400,000 available for interest-free loans to cities updating their Comprehensive Plans,as rec�uired by the Metro�olitan Land Planning Act. WHEREAS, the City of Corcoran will begin updating their Comprehensive Plan in 2007 and will invest an estimated $65,000-80,000 in this u�date �lus additional monies for creation of the Surface Water Management Plan and Water Supply Plan in the future as supporting docu.ments to the Comprehensive Plan. WHEREAS, the City of Corcoran anticipates that the Comprehensive Plan update process will begin in June 2007 with an estimated completion date in September 2008. NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF CORCORAN,IIZINNESOTA,that it should and hereby does authorize City staff to submit a request to the Metropolitan Council for an interest-free loan in the aznount of $40,000 for completion of the required Comprehensive Plan update in 2008. V�TING AYE VO'I'ING NAY XX Cossette, Tom Cossette, Tom _ XX Grabowski, Chuck Grabowski, Chuck_ XX Lymangood, Chuck Lymangood, Chuck_ XX Jacobs, Paul Jacobs, Paul_ XX Thomas, Ron Thomas, Ron _ W6ereupon,said Resolution is hereby declared passed on this 14�day of September,2006. �� Tom Cossette,Mayor ATTEST; c�s�r �-� � Bea Lindberg,City Cl