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4~i <br />EXTRACT OF MII~IUTES OF MEETING OF THE <br />CITY COUNCIL OF THE CITY OF <br />FALCON HEIGHTS, MINNESOTA <br />HELD: MARCH 14, 1984 <br />Pursuant to due call and notice thereof, a regular <br />meeting of the City Council of the City of Falcon Heights, <br />Minnesota, was duly held at the City Hall in said City on the <br />14th day of March, 1984, at 7:00 P.M. <br />The following members were present: Mayor Ronald Eggert, <br />• <br />Council-members Baldwin, Hard, chestovich, Ciernia <br />and the following were absent: None <br />Member Ronald Eggert introduced the following <br />resolution an moved its adoption: <br />Resolution No. 84-9 <br />RESOLUTION PROVIDING FOR PUBLIC SALE <br />OF $1,075,000 GENERAL OBLIGATION <br />TAX INCREMENT BONDS OF 1984 <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 $1,075,000 General Obligation Tax Increment <br />Bonds of 1984 to refund the City's outstanding General <br />Obligation Temporary Improvement Bonds of 1982, dated October <br />16, 1982 and to defray the expense of certain capital and <br />administration costs in Development District No. 1 in the City. <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 $1,075,000 General Obligation Tax Increment <br />Bonds of 1984 of said City.. <br />3. The Clerk-Administrator is hereby authorized and dir- <br />ected to cause notice of the time, place and purpose of said <br />meeting to be published in the official newspaper of the City <br />and in Commercial West not less than ten days in advance of <br />date of sale, as provided by law, which notice shall be in <br />substantially the form set forth in Exhibit A attached hereto. <br />• <br />