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~, <br />SPECIAL MEETING <br />i <br />CITY COUNCIL OF THE CITY OF <br />FALCON HEIGHTS, MINNESOTA <br />f-IELD: h1ARCfi 19,--.1980 <br />RESOLUTION 80-7 <br />Pursuant to due call and notice thereof, a <br />meeting of the City Council of the City of Falcon Heig tai sue, - '- - <br />Minnesota, was duly held at the City Hall in said City on the <br />19th day of tdarch, 1980, at 7:30 o'clock P.M. <br />,~ <br />The following members were present: Mayor Warkentien, <br />Councilmembers Steele, Brown, Eggert and Larson, '. <br />and the following were absent: None. <br />Member WarkPnfii en introduced the following <br />resolution and moved its adoption: <br />RESOLUTION PROVIDING FOR THE ISSUANCE <br />AND SALE OF A $170,000 GENERAL <br />OBLIGATION STATE-AID STREET <br />BOND OF 1980 <br />• <br />BE IT RESOLVED by the City Council of the City o£ <br />Falcon Heights, Minnesota, as follows: <br />1. It is hereby found, determined and declared that <br />pursuant to Minnesota Statutes, Section 162.18, this City will <br />issue its $170,000 General Obligation State-Aid Street Bond o£ <br />1980 to defray the expense of various street improvements in <br />the City and that the City will purchase said bond for the <br />account of its General Fund as hereinafter provided. <br />2. The $170,000 negotiable general obligation bond <br />of the City shall be dated April 1, 1980 and shall be issued <br />forthwith, Said bond shall be in the aggregate principal <br />amount of $170,Q00, shall be without interest, and shall mature <br />on April 1 in the years acid installments as follows: <br />1981 $42,500 <br />1982 $42,500 <br />1983 $42,500 <br />1984 $42,500 <br /> <br />