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Resolution 96-EDA42
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Resolution 96-EDA42
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Last modified
8/10/2022 11:14:25 AM
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2/2/2007 9:20:02 AM
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<br />. <br /> <br />. <br /> <br />. <br /> <br />Extract of Minutes of Meeting <br />of the Board of Commissioners <br />of the Mounds View Economic <br />Development Authority <br /> <br />Pursuant to due call and notice thereof a regular or special <br /> <br />meeting of the Board of Commissioners of the Mounds View Economic <br /> <br />Development Authority was held at the Mounds View City Hall on <br /> <br />February 5, 1996, commenc ing at '1. '~O P . M., C. T . <br /> <br />The <br /> <br />following Commissioners were present: <br />,..- /-"7 / / .--7 <br />#voc U/v/Ck h~/K/V~ /~LA^,cl-;/,h~O <br />. / / / <br />following were absent: <br /> <br />j //1//-f1~ <br />and the <br /> <br />*** <br /> <br />*** <br /> <br />*** <br /> <br />The following Resolution was presented by Commissioner <br />~- <br />~2-u;,/E , who moved its adoption: <br /> <br />RESOLUTION NO. 9'c. -El/A~?- <br /> <br />RESOLUTION APPROVING AND AUTHORIZING THE EXECUTION <br />OF A TAX INCREMENT PLEDGE AGREEMENT <br />RESPECTING PAYMENT OF TAXABLE GENERAL OBLIGATION <br />TAX INCREMENT REFUNDING BONDS, SERIES 1996A, <br />AND GENERAL OBLIGATION TAX INCREMENT <br />REFUNDING BONDS, SERIES 1996B, <br />OF THE CITY OF MOUNDS VIEW, MINNESOTA <br /> <br />WHEREAS, the City of Mounds View, Minnesota (the "City"), <br />has awarded or is expected to award the sale of its Taxable <br />General Obligation Tax Increment Refunding Bonds, Series 1996A, <br />and its General Obligation Tax Increment Refunding Bonds, Series <br />1996B, both issues dated March 1, 1996 (collectively, the <br />"Bonds"), which are to assist in refinancing certain tax <br />increment bonds which were originally issued to finance certain <br />expenditures and public development costs undertaken within what <br />is now known as the Mounds View Economic Development Project (the <br /> <br />311082.1 <br />
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