HomeMy Public PortalAboutRES-CC-1981-08RESOLUTION NO. 8- C%"
BE IT RESOLVED by the City Council of the City
of Moab that a Capital Account be established for funding the
construction of a storm run-off drain, and for the acquisition of
such easements as are necessary to drain the Huntridge Plaza
apartment complex and areas to the west and north thereof from
such property to Pack Creek. The initial deposit into such Capital
Account of Two Thousand Dollars ($2,000.00) shall be the monies
tendered by Huntridge Plaza Assoc., Ltd., in response to the
letter of Frank Kelley, Building/Zoning Administrator, dated
October 6, 1981 , attached hereto for further reference. The City
shall add to the Capital Account funds from other prospective
developers, as indicated in the Building/Zoning Administrator's
letter aforesaid. Any funds remaining in the Capital Account after
construction of the storm drainage system aforesaid shall be the
property of the City of Moab and may be transferred to its
General Fund.
PASSED in Council this %7day of
lti/&Ueirr , A.D. 1981.
ATTEST: