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HomeMy Public PortalAboutResolution #2012-20, A Resolution Creating A Multi-Use Trail Construction And Maintenance Fund RESOLUTION#2012-20 A RESOLUTION CREATING A MULTI-USE TRAIL CONSTRUCTION AND MAINTENANCE FUND WHEREAS,the City of Riverdale wishes to build a Multi-use trail from the western city line near Duck Creek to Bellingham Road; WHEREAS,the City Council of the City of Riverdale wishes to build a Multi-use trail from Bellingham Road to Fenno Road; WHEREAS,the City of Riverdale has secured a grant in the amount of$494.956 toward the design, engineering, right-of-way purchase and construction of said Multi-use trail; WHEREAS, the City Council of the City of Riverdale understands that this grant does not pay the entire cost of the multi-use trail and that matching funds are required; WHEREAS,the City Council of the City of Riverdale wishes to dedicate monies to the construction of the trail from Bellingham Road to Fenno Road; WHEREAS,the City Council of the City of Riverdale understands that the existing section of the multi-use trail from Duck Creek to Bellingham Road and the new section of the trail from Bellingham Road to Fenno Road will require maintenance. NOW, THEREFORE BE IT RESOLVED BY THE COUNCIL OF THE CITY OF RIVERDALE, IOWA, that a fund, named "Multi-use Trail Construction and Maintenance Fund", will be held within the assets of the City of Riverdale, for the purpose of holding donated monies to pay the cost of design, engineering, right-of-way purchase, construction and maintenance of multi-use trails, to be expended at the direction of the City Council for the design, engineering right-of-way purchase, construction and maintenance of new or existing multi-use trails. PASSED, APPROVED AND ADOPTED THIS 18 December 2012, by the following vote: Ayes: Channon, Paddock, Nays: 0 Littrel, Halsey Absent: Hupp ATTEST: ,.4' �Ctt�QGZl'I� d ohn J. Fr lin, Mayor Paula McIntosh