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25-091 - Resolution - GO Bond Sale Series 2025A
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25-091 - Resolution - GO Bond Sale Series 2025A
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Last modified
7/4/2025 7:34:51 PM
Creation date
7/1/2025 12:55:18 PM
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City Council
Council Document Type
Resolutions
Resolution #
25-91
Resolution Title
Resolution Awarding the Sale of General Obligation Bonds, Series 2025A, in the Orginal Aggregate Principal Amount of $8,090,000; Fixing their Form and Specifications; Directing their Execution and Delivery; and Providing for their Payment
Resolution Summary
Resolution Awarding the Sale of General Obligation Bonds, Series 2025A, in the Orginal Aggregate Principal Amount of $8,090,000; Fixing their Form and Specifications; Directing their Execution and Delivery; and Providing for their Payment
Resolution Date Passed
06/23/2025
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IT IS HEREBY CERTIFIED,RECITED,COVENANTED AND AGREED that all acts,conditions <br /> and things required by the home rule charter of the City and the Constitution and laws of the State of <br /> Minnesota to be done, to exist, to happen and to be performed preliminary to and in the issuance of this <br /> Bond in order to make it a valid and binding general obligation of the City in accordance with its terms, <br /> have been done, do exist,have happened and have been performed as so required, and that the issuance of <br /> this Bond does not cause the indebtedness of the City to exceed any constitutional, charter, or statutory <br /> limitation of indebtedness. <br /> This Bond is not valid or obligatory for any purpose or entitled to any security or benefit under the <br /> Resolution until the Certificate of Authentication hereon has been executed by the Bond Registrar by <br /> manual signature of one of its authorized representatives. <br /> B-4 <br />
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