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No. R-85-67 <br />CITY OF FALCON HEIGHTS <br />C O U N C I L R E S O L U T I O N <br />• <br />• <br />Moved by <br />Seconded by <br />Councilmember Baldwin. <br />Yeas Navs <br />~Rgert <br />~Cierna <br />L~Sasdwin <br />~~iard <br />~~'henowe th <br />Adopted by Council <br />_ Date November 26, 1985 <br />A RESOLUTION RELATING TO AUTHORIZING THE ISSUANCE, SALE AND DELIVERY <br />OF THE CITY OF FALCON HEIGHTS, MINNESOTA „COMMERCIAL DEVELOPMENT <br />REVENUE BONDS (STRATFORD COMMERCIAL CONDOMINIUM PROJECT), SERIES 1985, <br />WHICH BONDS AND THE INTEREST AND ANY PREMIUM THEREON SHALL BE PAYABLE <br />SOLELY FROM THE REVENUES DERIVED FROM THE LOAN AGREEMENT; APPROVING <br />THE FORM OF AND AUTHORIZING THE EXECUTION AND DELIVERY OF THE <br />INDENTURE OF TRUST, THE LOAN AGREEMENT, AND SERVICING AGREEMENT, <br />THE BOND PURCHASE AGREEMENT, AND THE ARBITRAGE AND PREMIUM GUARANTY <br />AGREEMENT; APPROVING CERTAIN OTHER DOCUMENTS AND AUTHORIZING <br />EXECUTION OF CERTAIN DOCUMENTS; APPROVING THE FORM OF AND AUTHORIZING <br />THE EXECUTION AND DELIVERY OF THE BONDS; AND PROVIDING FOR THE <br />SECURITY, RIGHTS, AND REMEDIES OF THE HOLDERS OF SAID BONDS. <br />See Attached Resolution.. <br />Councilmember Hard <br />~In Favor <br />Against <br />November 26, 1985 <br />---------- ~~~~ ~ ~--,~ = f--~ ----------~ <br />~.__ . <br />Approved by' f -"r~~~ <br />Mayor !` <br />Dat <br />~~ <br />Attested by,/.~L~„Y~!- ~ ,~` <br />Clerk A min. <br />ii ~- ~~_~ <br />ate <br />