Rochester Hills - File #: 2006-0041

• File #: 2006-0041
• Version: 3
• Type: Finance
• Status: Passed
• File created: 1/6/2006
• In control: City Council Regular Meeting
• Final action: 3/15/2006
• Title: Authorize the Restriction/Designation Donation of Sale of Lombardo Condominium Development on Meadowfield Drive

Date	Ver.	Action By	Action	Result
3/15/2006	3	City Council Regular Meeting	Adopted by Resolution	Pass
1/12/2006	3	Financial Services Committee	Recommended for Approval	Pass

Title

Authorize the Restriction/Designation Donation of Sale of Lombardo Condominium Development on Meadowfield Drive

Body

Whereas, Lombardo Company has offered to donate to the City of Rochester Hills $1,000 for each of the proposed 58 condominiums that will be built on the Meadowfield Drive property as they are sold; and

Whereas, there are no monies currently set aside for the development of Nowicki Park; and

Whereas, the development of Nowicki Park would add needed recreational amenities that would benefit our citizens.

Resolved that the Rochester Hills City Council authorizes the restriction of any monies when received from Lombardo Company in the Buildings and Grounds (631) Fund's fund balance for development of Nowicki Park.