Res 2001-43 RESOLUTION NO. 43 -2001
A RESOLUTION AUTHORIZING THE FORGIVENESS OF A$7,000 LOAN TO THE
FRIDLEY HISTORICAL SOCIETY
WHEREAS, the Fridley Historical Society was established in order to preserve the heritage of
the City of Fridley for future generations; and
WHEREAS, it is in the public interest to preserve,maintain, and exhibit photographs,
documents, artifacts, and other materials relating to the history of the City of Fridley; and
WHEREAS, the Fridley Historical Society has been unable to meet its obligation to the City of
Fridley for the repayment of the $7,000 loan; and
WHEREAS, the President of the Fridley Historical Society has requested of the City of Fridley
that the loan provided to the Fridley Historical Society in the amount of$7,000 be forgiven.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Fridley that the
$7,000 ten year no interest loan provided to the Fridley Historical Society in 1989 be forgiven.
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 27th
DAY OF AUGUST , 2001.
SCOTT J. L -MAY
ATTEST:
I ' , Qll
DEBRA A. SKOGEN- Y CLERK