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Office of: <br />JOEL R. HANSON, Administrato <br />515 Little Canada Road <br />Little Canada, MN 55117 <br />612- 484 -2177 <br />FAX: 612. 484.4538 <br />CITY OF LITTLE CANADA <br />RAMSEY COUNTY, MINNESOTA <br />MEMORANDUM <br />TO: Mayor Fahey and Members of the City Council <br />FROM: Joel Hanson, City Administrator <br />DATE: May 18, 1990 <br />RE: Call for Bond Issuance <br />The City will have a need to obtain financing for the <br />Country Drive MSA project, the Kandice Heights 1 project, <br />and the Centre Place development project. In order to <br />minimize the costs of issuance associated with these <br />projects, it would be my recommendation that we attempt to <br />combine all issues under one offering statement. If we are <br />to do this, we will need to call for these bond sales at <br />Wednesday's meeting to ensure that funds are available for <br />the Centre Place development project. <br />Brad Farnham is working with me on the preparation of the <br />documents necessary to call for the sales on each project. <br />This information will be available for Wednesday's Council <br />meeting. <br />JRH:kpv <br />PAGE 39 <br />MAYOR <br />Michael Fahey <br />COUNCIL <br />Beverly Scalia <br />Bill Blesener <br />Rick Canova <br />Jim LaValle <br />