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RESOLUTION 82-38
' EXTRACT OF MINUTES OF NiEETING OF THE
CITY COUNCIL OF THE CITY OF
FALCON Hr:IGHTS; MINNESOTA
HELD: September 8, 1982
Pursuant to due call and notice thereof, a regular meeting
of the City Council of the City of Falcon Heights, Minnesota, _._.
was duly held at the City Hall in said. City on the 8th day of
September, 1982, at ~ ~ 30 0' clock . M.
The following members were present: Mayor Warkentien, Council-
members Chestovich, Ciernia, Larson and Eggert
and the following were absent: None.
Member Warkentien introduced the following
resolution and moved its adoption:
RESOLUTION PROVIDING FOR PUBLIC SALE
OF $675,000 GENERAL OBLIGATION TEMPORARY
-~ - BONDS OF 1982 AND $225,000 GENERAL OBLIGATI011
IMPROVEMENT BONDS OF 1982
BE IT RESOLVED by the City Council of the City of Falcon
Heights, Minnesota, as follows:
1. It is hereby found, determined and declared that this
City should issue $675,000 General Obligation Temporary
Improvement Bonds of 1982 and $225,000 General Obligation
Improvement Bonds of 1982 to defray the expense of the
construction of various improvements in the City.
2. This Council shall meet at the time and place
specified in the forms of notice hereinafter contained for the
purpose of opening and considering sealed bids for, and award-
ing the sale of $675,000 General Obligation Temporary Improve-
ment Bonds of 1982 and $225,000 General Obligation Improvement
Bonds of 1982 of said City.
n
3. The City Clerk is hereby authorized and directed to
cause notices of the time, place and purpose of said meeting to
be published in the official newspaper of the City and in
Commercial West not less than ten days in advance of date of
sale, as provided by law, which notices shall be in
substantially the forms set forth-in Exhibits A and B attached
hereto.
4. The terms and conditions of said bonds and the sale
thereof are fully set forth in the "Official Terms of Offering"
attached hereto as Exhibits C and D and incorporated herein by
reference.
The motion for the adoption of the foregoing resolution
was duly seconded by member Ciernia and upon a vote `~'
being taken thereon, the following voted in favor thereof:
Mayor Warkentien, Councilmembers Chestovich, Ciernia, Larson and Eggert
and the following voted against the same: None.
Whereupon said resolution was declared duly passed and
adopted.
Willis C. A. Warkentien, Mayor
Attest:
:'
Dewan.B. Barnes, Clerk Administrator
Regular City Counci:L Meeting of September 8, _L382