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• 560D <br />EXTRACT OF MINUTES OF A MEETING OF THE <br />CITY COUNCIL OF THE CITY OF <br />FALCON HEIGHTS, MINNESOTA <br />HELD: NOVEMBER 13, 1985 <br />Pursuant to due call and notice thereof, a regular meeting <br />of the City Council of the. City of Falcon Heights, Ramsey <br />County, Minnesota, was duly held at the City Hall in said City <br />on the 13th day of November, 1985, at 7:30 o'clock P.M. <br />The following members were present: Acting Mayor Ciernia, <br />Councilmembers Baldwin and Chenoweth <br />and the following were absent: Mayor Eggert and Councilmember Hard. <br />Member Baldwin introduced the following <br />resolution and moved its adoption: <br />R-85-66 <br />• RESOLUTION PROVIDING FOR PUBLIC SALE <br />OF $745,000 GENERAL OBLIGATION TAX <br />INCREMENT BONDS OF 1985,. SERIES B <br />BE IT RESOLVED by the City Council of the City of Falcon <br />Heights, Minnesota, as follows: <br />1. It is hereby found, determined and declared that this <br />City should issue $745,000 General Obligation Tax Increment <br />Bonds of 1985, Series B, to defray the expense of certain <br />capital and administrative costs of its Development District <br />No. 1, specifically costs of acquiring land and making certain <br />public stone drainage and- sewer improvements. <br />2. This Council shall meet at the time and place <br />specified in the form of notice hereinafter contained for the <br />purpose of opening and considering sealed bids for, and award- <br />ing the sale of, $745,000 General Obligation Tax Increment <br />Bonds of 1985, Series B, of said City. <br />3. The City Clerk-Administrator. is hereby authorized and <br />directed to cause notice of the time, place and purpose of said <br />• <br />