HomeMy WebLinkAbout~Master - Expenditures for legal costs associated with CSCI RESOLUTION NO. 02-530
RESOLUTION APPROVING EXPENDITURES FROM
CONTINGENCY FUND FOR LEGAL COSTS
ASSOCIATED WITH CHILDREN'S SERVICES OF CENTRAL IOWA
FOR THE CITY OF AMES
WHEREAS, the City has previously sent notice to the Board of Directors of Children's
Services of Central Iowa (CSCI) regarding the City's requirement of payment on the existing
mortgage carried by the City for property located at 115 Sheldon Avenue (Arbor Hills Childcare
Center); and,
WHEREAS,there may be costs associated with the process of foreclosure on this mortgage;
and,
WHEREAS, to date, $235 has been spent to update the abstract on the property and court
filing fees; and,
WHEREAS, staff is requesting that the Council allow use of funds which would have gone
to CSCI in the current fiscal year to cover costs associated with the foreclosure process; and,
WHEREAS,the original amount of City funds for the current year recommended for CSCI
was $52,604; and,
WHEREAS, at this time, staff is requesting authorization to spend up to $3,000 of these
funds.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that expenditures of up to $3,000 from the Contingency Fund for legal costs associated with
Children's Services of Central Iowa are hereby approved.
ADOPTED THIS 8t'day of October, 2002.
Diane R. Voss, City Clerk Ted Tedesco,Mayor
Introduced by: Goodhue
Seconded by: Wirth
Voting aye: Cross, Goodhue, Hoffman, Quirmbach, Vegge, Wirth
Voting nay: None Absent: None
Resolution declared adopted and signed by the Mayor this 8"of October, 2002.