01-19-1988 CCMMINUTES
SPECIAL MEETING - HUTCHINSON CITY COUNCIL
TUESDAY, JANUARY 19, 1988
Mayor Ackland called the special meeting to order at 6:00 P.M. Present were:
Mayor Paul L. Ackland, Aldermen Mike Carls, John Mlinar, Marlin Torgerson and
Pat Mikulecky. Also present: City Administrator Gary D. Plotz and City Attor-
ney G. Barry Anderson.
The City Attorney presented a draft amendment to the tax increment revolving
loan fund document.
A motion was made by Council member Carls, seconded by Council member Mlinar,
and unanimously carried, to amend the revolving loan fund document as follows:
SECTION D. GRANT PROGRAMS - The City of Hutchinson declares that
it is the City's intention that the fund is intended to be revolving
in nature; however, recognizing that exceptional circumstances may
dictate different treatment for the use of some of the assets of the
fund, the City may allow assets of the fund to be distributed on a
grant basis where the public health and safety would benefit.
The meeting adjourned at 6:15 P.M.
9