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HomeMy WebLinkAbout6.k Appointment of KB Class I TrusteeCITY OF ROSEMOUNT EXECUTIVE SUMMARY FOR ACTION City Council Meeting Date: January 18, 2005 AGENDA ITEM: Appointment of SKB Class I Trustee AGENDA SECTION: Consent PREPARED BY: William H. Droste, Mayor AGEND if f& 6 K ATTACHMENTS: Resolution; SKB Trust Agreement APPROVED BY: Designation RECOMMENDED ACTION: Motion to approve a resolution to appoint John T per as a Class I Trustee for the SKB Environmental Rosemount Community Trust for a three -year term expiring December 31, 2007. ACTION: ISSUE The SKB Environmental Rosemount Community Trust Agreement provides for the City of Rosemount's mayor to appoint a Class I Trustee in January each year. BACKGROUND The Mayor recommends John Tapper be re- appointed as a Class I Trustee. Mr. Tapper has served one term successfully. His leadership and impartiality has provided funds for many deserving organizations in Rosemount. The Agreement provides for a limit of two three -year terms. There are three Rosemount residents acting as Class I Trustees and two Class II Trustees who are appointed by SKB Environmental. SUMMARY Mayor Droste requests the City Council's approval of the provided resolution to appoint John Tapper as a Class I Trustee for the SKB Environmental Rosemount Community Trust for a three -year term expiring December 31, 2007. I CITY OF ROSEMOUNT DAKOTA COUNTY, MINNESOTA RESOLUTION 2005 A RESOLUTION FOR APPOINTMENT OF TRUSTEES TO THE SKB ENVIRONMENTAL ROSEMOUNT COMMUNITY TRUST WHEREAS, SKB Environmental Rosemount Community Trust Agreement provides that the Mayor and City Council shall appoint Class I Trustees to serve on this board; and WHEREAS, the agreement provides for this appointment to be accomplished at the first City Council meeting in January of each year. NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Rosemount, Dakota County, Minnesota, that they hereby appoint and designate John Tapper to serve as a Class T Trustee for a three year terns, expiring December 31, 2007. ADOPTED this 18th day of January, 2005. ATTEST: William H. Droste, Mayor Linda J. Jentink, City Clerk CERTIFICATION I hereby certify that the foregoing is a true and correct copy of a resolution presented to and adopted by the City Council of Rosemount at a duly authorized meeting thereof, held on the 18 day of January, 2005 as disclosed by the records of said City in my possession. (SEAL) Linda J. Jentink, Rosemount City Clerk Motion by: Voted in favor: Voted against: Second: Member(s) absent: 7. Trustees Designation and Succession The trust shall be managed and administered by five (5) Trustees. Class I Trustees shall be nominated and appointed by the Mayor of the City of Rosemount, with the approval of the City Council of Rosemount at the first City Council meeting in January of each year. Class I Trustees shall consist of three (3) Trustees who are residents of the City of Rosemount, selected for their knowledge of the needs of the citizens of Rosemount and the City of Rosemount. No more than one Class I Trustee may be either a member of the Rosemount City Council or an employee of the City of Rosemount. Class I Trustees shall serve for three (3) year terns and may not serve for more than two (2) consecutive three (3) year terms. Upon the initial appointment and designation of Class I Trustees, the Mayor shall designate and stagger the terms of the initial Trustees such that in January of each year a Trustee must be designated and appointed by the Mayor of the City of Rosemount, with the approval of the City Council of Rosemount. Class II Trustees, consisting of two (2) Trustees, shall be designated and appointed by the Donor. Class II Trustees shall serve at the pleasure of the Donor. Any Trustee may resign his office at any time without leave of Court by written notice to all Trustees then in office. The resignation shall be effective as of the time set forth in said notice of resignation. Vacancies existing in the office of Class I Trustees, for whatever cause, shall be filled by appointment by the Mayor of the City of Rosemount, subject to approval by the City Council of Rosemount. Vacancies existing in the office of Class II Trustees, for whatever cause, shall be filled by the Donor. The Trustees may act notwithstanding the existence of any vacancies so long as there shall continue to be at least three (3) Trustees in office. The appointment of Trustees and successor Trustees shall be made by an instrument in writing. In the case of Class I Trustees, the writing shall contain a certified copy of the resolution of the City Council of Rosemount appointing the Trustee or successor Trustee. In the case of Class II Trustees, the writing shall be signed by an executive officer of the Donor and appoint the Trustee or successor Trustee. Trustees shall assume office immediately upon their appointment, unless the notice of appointment provides otherwise. Every successor Trustee shall have the same powers and duties as those conferred upon the Trustees named in this Trust Agreement. a. Bond and Compensation No Trustee shall be required to furnish any bond or surety. Each Trustee shall serve without compensation for services, but all expenses of this trust or of any Trustee shall be paid by the Trustees from the trust fund. 9. Accounting by Trustees The Trustees shall render accounts of their transactions to the Donor and the City of Rosemount at least annually, and the Donor and the City of 2