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<br />. <br /> <br />. <br /> <br />. <br /> <br />EXTl~CT OF MINUTES OF A MEETING OF THE <br />CITY COUNCIL OF THE <br />CITY OF MOUNDS VIEW, MINNESOTA <br /> <br />HELD: April 12, 1993 <br /> <br />Pursuant to due call and notice thereof, a regular or <br />specia~ meeting of the City council of the City of Mounds View, <br />Ramsey County, Minnesota, was duly held at the City Hall in said <br />City on the 12th day of April, 1993, beginning at 7:00 o'clock <br />_.M. for the purpose in part of authorizing the competitive <br />negotiated sale of the $720,000 General Obligation Tax Increment <br />Refunding Bonds, Series 1993B, of said City. <br /> <br />The following Councilmembers were present: <br />"':"-- <br />I-layor Linke, Councilmembers Huori, Rickaby, Blanch~rd~i..s:kaby <br />and the following were absent: ~ ~ <br />~.$~"j'" <br /> <br />GENERAL <br /> <br />'. ''Ii",:":',, <br />~ntroduced <br />\. '\, l' <br />", \. -;./! <br />\: " <br />RESOLUTION 4359 \\ D~N.;U:;D <br />RESOLUTION PROVIDING'FOR \~ <br />_ \.1., <br />THE COMPETITIVE NEG9TI~TED <br />," "-". ,i;,. <br />SALE OF $720\',00'0.....'~ <br />IIW. ~.~\. <br />OBLIGATION TAX INCREMEN.T REFUNDING <br />SERIES 1993131\" <br />"-t: <br />.,~:" <br /> <br />BONDS, <br /> <br />Councilmember Quick <br />resolution and moved its adoption: <br /> <br />the following <br /> <br />.. : <br />.~\ <br />" <br />~ \ ~ <br />A. WHERE1\.S..,--the"-Ci.ty \~oun€il of the city of Mounds <br />View, Minnesota, hi~ heretofor~ d~termined that it is necessary <br />and expedient tql1ss~ the Cit~'s. $720,000 General Obligation Tax <br />Increment Refunding Bonds, Ser:i!es 1993B (the "Bonds"), to refund <br />in advance of ~aturiti\the 199fl through 2005 maturities of the <br />City's General Obligati0n TaxJIncrement Bonds, Series 1989B, <br />~'\ .!.r <br />dated November 1, 1989; -and l <br />\ /~ <br />B. WHEREAS, t~~'''/Ci ty has retained Springsted <br />Incorporated, in Saint Paul, Minnesota ("Springsted"), as its <br />independent financial advisor for the Bonds and is therefore <br />authorized to sell the Bonds by a competitive negotiated sale in <br />accordance with Minnesota statutes, Section 475.60, Subdivision <br />2(9): <br /> <br />236783 <br />