92-32 City of Chanhassen
Carver and Hennepin Counties, Minnesota
DATE: March 9, 1992
RESOLUTION NO: 92-32
MOTION BY: Workman
SECONDED BY: Dimler
'A RESOLUTION ESTABLISHING A
HISTORIC PRESERVATION TRUST FUND
W~ER~AS, the Chanhassen City Council recognizes the City's
commitment to maintain Pioneer Cemetery; and
W~ERE&S, the Chanhassen City Council recognizes the historical
significance of certain real property, including but not limited
to, Old St. Hubert's Church and the Village Hall; and
W~EREAS, the City desires to maintain the aesthetic appearance
and atmosphere of downtown Chanhassen.
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the
City of Chanhassen:
1. Trust Fund Established. A historic preservation trust as
an expendable trust fund (the "Fund") is hereby created and
established in accordance with 26 U.S.C. § 501 (c) (4).
2. Purpose. The Fund shall be used to continue perpetual
care maintenance of Pioneer Cemetery; to provide for maintenance
and necessary improvements to Old St. Hubert's Church and the old
Village Hall; and to provide maintenance and continued
beautification of the downtown area.
3. Funding. Funding of the historic preservation trust fund
will be provided from the sale and rental of City owned real
· property; the receipt of downtown usage and maintenance fees; such
other non-restricted, non-general tax revenues as may become
available; and the investment interest earnings of the Fund.
4. Management. The Fund shall be managed by the City
Manager and the City Manager's designee.
5. Direction. The City Manager and designees shall submit
an annual budget which will be submitted through the City's normal
budget process; the investment of available funds shall be on a
long term basis to assure highest possible earnings and continuity
of funding; and annual expenditures shall be restricted to no more
than ninety percent (90%) of revenue except in extreme cases
involving major repairs.
6. Miscellaneous. Any modification of this resolution shall
require a four/fifths (4/5) majority vote of the Chanhassen City
Council.
Passed and adopted by the Chanhassen city Council this 9th
day of March, 1991.
ATTEST:
Don Ashworth, City Clerk/Manager
YES
NO
D~nald J. ~~1, Mayo~
ABSENT
Chmiel
Mason
Wing
Dimler
Workman
None
None