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Res 2019-80 Adopt 2020 Budget RESOLUTION NO. 2019 - 80 A RESOLUTION APPROVING A BUDGET FOR THE FISAL YEAR 2020, A REVISED BUDGET FOR THE FISCAL YEAR 2019 AND THE 2020–2024 CAPITAL INVESTMENT PROGRAM WHEREAS, The City Manager presented a Proposed 2020 Budget, Proposed 2020–2024 Capital Investment Program and a Revised 2019 Budget as stipulated by the City Charter § 7.04 to the City Council for their review and consideration; and WHEREAS, the Proposed 2020 Budget and its associated volumes and appendices provides for an effective and orderly allocation of financial resources; and WHEREAS, Consistent with City Charter § 7.05, the City Council has held a public meeting on December 9, 2019; and WHEREAS, the City Council concluded that the 2020 Budget, as proposed, meets the needs of the City and the requirements of the City Charter. NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Fridley hereby approves and adopts the Revised 2019 Budget, the 2020 Budget, and 2020–2024 Capital Investment Program as presented. PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS RD 23 DAY OF DECEMBER, 2019. ______________________________ SCOTT J. LUND - MAYOR ATTEST: ________________________________ DANIEL TIENTER - CITY CLERK