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HomeMy WebLinkAboutResolution 2004-073CITY OF LAKE ELMO, MINNESOTA RESOLUTION NO. 2004-073 A RESOLUTION APPROVING AMENDMENTS TO CAPITAL IMPROVEMENT PLAN AND AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATION CAPITAL IMPROVEMENT PLAN BONDS BE IT RESOLVED by the City Council of the City of Lake Elmo, Minnesota (the "City "), as follows: WHEREAS, the City has published notice of its intent to hold a hearing on the issuance of capital improvement plan bonds under Minnesota Statutes, Section 475.521 (the "Bonds ") and proposed amendments to the City's Capital Improvement Plan (the "Amendments "), at Ieast fourteen (14) but not more than twenty -eight (28) days prior to the date hereof, pursuant to and in accordance with Minnesota Statutes, Section 475.521; and WHEREAS; the City Council (the "Council ") held a public hearing on the date hereof on the Amendments and on the issuance of the Bonds; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LAKE ELMO, MINNESOTA, that the City Council hereby a) authorizes the issuance of the Bonds in an amount not to exceed $4,090,000 and b) approves the Amendments. ADOPTED by the City Council by a vote of at least three -fifths of the members hereof this 31 st day of August, 2004. Lee Hunt, Mayor ATTEST: CERTIFICATE AS TO RESOLUTION AND ADOPTING VOTE I, the undersigned, being the duly qualified and acting recording officer of the City of Lake Elmo, Minnesota (the "City "), hereby certify that the attached resolution is a true copy of Resolution No. 2004 -073, entitled: "RESOLUTION APPROVING AMENDMENTS TO CAPITAL IMPROVEMENT PLAN AND AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATION CAPITAL IMPROVEMENT PLAN BONDS" (the "Resolution "), on file in the original records of the City in my legal custody; that the Resolution was duly adopted by the City Council of the City at a meeting on August 31, 2004, and that the meeting was duly held by the City Council and was attended throughout by a quorum, pursuant to call and notice of such meeting given as required by law; and that the Resolution has not as of the date hereof been amended or repealed. I further certify that upon vote being taken on the Resolution at said meeting, the following Council members voted in favor thereof. _Motion passed 5 -0 Mayor Lee Hunt, City Council Members: Steve DeLapp, Susan Dunn, Dean Johnston, Wyn John and the following voted against the same: None and the following abstained from voting thereon or were absent: None WITNESS my hand officially this 31st day of August, 2004. City Clerk