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07.03 - Resolution Allowing Reimbursement of Down Payment on Liberty Tool Building
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01-06-2004 Council Meeting
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07.03 - Resolution Allowing Reimbursement of Down Payment on Liberty Tool Building
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REPORT TO <br /> CITY COUNCIL <br /> Agenda: 7.3. Resolution Allowing Reimbursement of Down Payment on <br /> Liberty Tool Building <br /> Date: January 6, 2004 <br /> Regarding: Reimbursement of the $25,000 borrowed from the water fund for <br /> earnest money on the Liberty Tool Building. The attached <br /> resolution is basically a formality that keeps open the City's <br /> right to repay the $25,000 to the water fund should the city bond <br /> for the purchase of the Liberty Tool building. I realize that it is <br /> not the City's intent to bond for this purchase at this time, but <br /> just want to keep our options open for repayment. <br /> Action: Adopt the attached resolution 04-001 <br /> Motion by: Seconded by: <br /> Roll Call: TR MP JJ CM DS JB-A JA <br /> Report.doc <br />
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