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Res 73 - 07 Establishing a Trust Fund for Deposit & Use of Entitlement Funds
• . � ,, � , ' .. .: 5 r ' � :� . • - . . ` . ._ - - UILLAGE OF mENDOTA HEIGHTS � � Dakota County, minnesota � - - • RESOLUTION N0. 73-07� � ' � � � r _ � - , . . RESOLUTION ESTABLISHING A TRUST FUND � y FOR DEPOSIT AND USE OF ENTITLEmENT .FUNDS '. • � . WHEREAS, the Federal Local Fiscal AssistancefAct of 1972.was approved on October 20, 1972; and � �- ' - - . � • . WHEREAS, this Act is called the Federal Revenue . Sharing Act; and � ' ' - ° , . d�WHEREAS, the Act requires that a trust fund be. ' _ established for the deposit and use of entitlement � � • funds; and- - �' • � _ � .,`; � WHEREAS, such revenue sharing funds may be � � used for: - , ' , .• , A. Ordinary and necessary maintenance �- and operating expenses for: �� . l. Public safety (including law � �. . . � enforcement, fire protection, _ � . .. - , and building code enforcement); � � � 2. Environmental�protection (including . . , sewage disposal, sanitation, and -� . pollution abatement); . - ti,` - � � '_ 3. Public transportation (including . �. � transit systems and streets and '� • • � . .roads); ' - .� 4. Health; � . � ' � . 5. Recreation; . � ' � - _ • � .- , � . • • 6. Libraries; " � . � .� � 7. Social services for the poo_r or � :- - ' aged; and " . • , 8. Financial administration, and � , _ - B. Ordinary and necessary capital �� • . expenditures authorized by law. . • , �t, . � .� . E �' _ . - - . 3� . � y �� i � ` � , � �w T 4'�` - , � a • . • ft � f 4 � = t" � [ "` , , ' t - , • 4 ' ' i.s • � � ' ` � . � : � ` ,. ` - ' �' - • ' �� , ` . Resolution .N`o,� k 73-07. �r � ' "*: , �� :' " . � : s S s-. F� � Y + � � � -. , � . � � ~ - ♦ ' �l"R � �� ' NOW THEREFORE IT,IS`�HEREBY RESOLUED by the'Uillage ,' Council of the Uillage of inendota Heights that a Federal _,.� Revenue Sharing Trust Fund is here,by established for � ` the deposit and use`of entitlement funds; • . . • BE I:T FURTHER RESO.LUED that such entitlement�funds , ,. , received b.y the Uillage shall�be deposited in the ' " . � ' Federal Revenue Sharing Trust .Fund; � � � � - - . , . . . , . . .. . . ; . _ , BE IT FURTHER RESOLUED that fu.tur'e Council authorized ' � _ ,. �_.,expenditures from�said•fund shall be in accordance with the , ,• • • restrictions on expenses and.expenditures as required by ..- the Act. ` ; , 1 = - ' , , . _ . � _., Adopted by the Village.Council of the.Village of inendota - -Heights this S Xteenth day�of January, 1973'. ` � ' . ' - � : , . .- ,.. . . � . , ' ' . �_� • ' ' � � UILLAGE COUNCIL ' ' . _ - � ` ' • � � VILLAGE OF mENDOTA HEIGHTS - ' ' . . ' . : � ` �, . - � i • . � � - ,4 ' . � . . '� t � � � _ • � . By . _. ' • � ' � Donald-. L. Hu er ' � • � . - - mayor - ' • t ' . , , ATTEST: ; �' . � � ' f �, ' � • ., . � ` ; � � - ' . � ! - �_ ' Gilbert m. a abaugh � � .� ` �- � ' . • Uillage Clerk Treasur - � � ' ., . , t ;, . - � . , . . ; - " • ,- I "• . . - S ' . . { ` . ` � . - • • , � � ' • . i . � , � . . f - . . , } _ . • • , ' • , 1 � � 4 '` . - . _ . • � � ' j , . , ` _ 7 • ' , Ys ' . . � i ` � y � ' • • • :°- . • _ • ' . 1 • • . " ., ' r : � � • . �� ' - � i _�'. . . . . , - E . ' . r . ' F . � { , • , � i . '�' - - � _ � �� ''� . ''- Y'� `;-:r'' , � '. . � ; �- _sr _.+{�j s* . . `;�, , .�a, �. i ' . � . ' � • � ' 4 i - r . � ' � : y� ..�- � , . .- - . . .� �- -. j �