87-14
e
e
e
CITY OF CHANHASSEN
CARVER AND HENNEPIN COUNTIES, MINNESOTA
DATE:
February 23, 1987
RESOLUTION NO:
87-14
MOTION BY:
Hamilton
Geving
SECONDED BY:
A RESOLUTION INCREASING ADMINISTRATIVE CHARGES FOR
CONSTRUCTION FUNDS
BE IT RESOLVED BY THE CiTY COUNCIL OF THE CITY OF CHANHASSEN
that fees for administration of construction projects shall
be increased as noted below, and transferred into the general fund.
Costl
(in 1,000's)
percentage2
o - 100
100 - 1,000
1,000+
5%
4%
3%
1 Represents total expenses including outside consultant
costs.
2
To be applied against total expenses at year end.
Projects having minor costs consisting solely of contrac-
tual services in a current year (legal/engineering in the
aggregate of $10,000 or less) and which have or will see
construction costs incurring in the previous or next year
shall be excluded from current year charges.
Passed and adopted by the Chanhassen City Council this
23rd
day of
February
, 1987.
ATTEST:
L
~ ()J::kP
Don As worth, C1ty Manager
YES
NO
ABSENT
Hamilton
Johnson
Horn
Geving
Boyt
None