93-069
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.
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RESOLUTION NO. 93- 69
A RESOLUTION CONCURRING TO COSTS IN EXCESS OF
.00242 PERCENT OF TOTAL TAXABLE MARKET
WITHIN LAKE MINNETONKA CONSERVATION DISTRICT
WHEREAS, state statute provides that each municipal
governing body within the Lake Minnetonka Conservation District
(hereinafter "LMCD") ". . . must provide the funds necessary to meet
its proportion of the total cost determined by the Board, provided
the total funding from all municipalities in the district for the
costs shall not exceed an amount equal to .00242 percent of the
total taxable market value within the district, unless three-
fourths of the municipalities in the district pass a resolution
concurring to the additional costs"; and
WHEREAS, statutory language clearly requires a resolution
of concurrence when the total funding from all municipalities in
the district exceed said percentage of market value.
NOW, THEREFORE BE IT RESOLVED that the City Council of
the City of Shorewood hereby concurs with the costs as provided for
in the 1994 LMCD budget even though said costs total in excess of
.00242 percent of the total taxable market value within the
district.
ADOPTED BY THE CITY COUNCIL OF THE CITY OF SHOREWOOD this
23rd day of August, 1993.
ATTEST: