RES 1987-98 - 000047511
RESOLUTION NO. 98 - 1987
A RESOLUTION APPROVING ADJUSTMENTS OF THE 1987 BUDGET OF
THE NORTH METRO CONVENTION AND TOURISM BUREAU
WHEREAS, the City of Fridley has entered into an agreement with the North
Metro Convention and Tourism Bureau; and
WHEREAS, the agreement provides that "the budget may be modified without prior
consent of the City Council, providing that any adjustments shall not be
greater than ten percent of the amount indicated for that item as it appears
in the budget "; and
WHEREAS, opportunities for additional marketing can be taken advantage of by
reallocating budgeted expenditures; and
WHEREAS, the adjustment of certain items is greater than ten percent of the
amount indicated for those items as they appear in the budget; and
WHEREAS, the Board of Directors of the North Metro Convention and Tourism
Bureau at its meeting of November 10, 1987 approved the attached adjusted
Budget subject to approval by the City Council; and
WHEREAS, the adjusted budget reflects appropriate and needed changes in the
various categories while maintaining the requirement that the Bureau not
expend any sums beyond its revenues.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Fridley,
Minnesota, that requisite prior consent be given to the proposed adjusted
budget of the North Metro Convention and Tourism Bureau.
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 7TH DAY OF
DECEMBER, 1987
ATTEST:
-C�a� 6. / �
SHIRLEY A. PAI - CI CLERK
li(/ V - WILLIAM J. J. NEE YOR