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HomeMy WebLinkAbout20090921 - VI-05 CITY OF HASTINGS DAKOTA COUNTY, MINNESOTA A RESOLUTION EXPRESSING THE CITY OF HASTINGS ACCEPTANCE OF THE DISTRIBUTION OF DCC UNDESIGNATED FUND WHEREAS, the Board of Directors of the Dakota Communications Center (DCC), a Joint Powers Entity, to which the City of Hastings is a Member, by official action on August 20, 2009 approved the return of funds in the undesignated general fund balance to the Joint Powers Members, and; WHEREAS, the Board of Directors of the DCC also established that each Member could, at their option receive their share of the returned funds in a single lump sum payment in 2010 or three equal annual payments in 2010, 2011, and 2012 and; WHEREAS , the Board of Directors of the DCC Further established that each Member could elect to receive their distribution in the form of a check or a credit to their DCC Member fees, and; WHEREAS , The Board established that each Member, must communicate their choice of distribution amount and method through an official action of the City Council to the DCC Executive director no later than October 15, 2009; NOW, THEREFORE BE IT RESOLVED, that by official action on September 21, 2009 by the City Council of the City of Hastings, Minnesota has elected to receive the distribution in the amount of $69,867, in a single distribution in 2010 by Check and; BE IF FURTHER RESOLVED, that the City Administrator is directed to communicate this action to the DCC Executive Director no later than October 15, 2009. Adopted this 21st day of September, 2009 Ayes: Nays: Absent: ________________________________ Paul Hicks, Mayor Attest: ____________________________ Melanie Mesko Lee, Administrative Assistant/City Clerk