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Resolution 8732
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Resolution 8732
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6/25/2019 10:08:26 AM
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6/8/2017 9:47:20 AM
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RESOLUTION 8732 <br /> CITY OF MOUNDS VIEW <br /> COUNTY OF RAMSEY <br /> STATE OF MINNESOTA <br /> Resolution Providing for the Sale of$6,000,000 General Obligation Capital Improvement <br /> Plan Bonds, Series 2017A <br /> A. WHEREAS,the City Council of the City of Mounds View,Minnesota has heretofore determined <br /> that it is necessary and expedient to issue the City's $6,000,000 General Obligation Capital <br /> Improvement Plan Bonds, Series 2017A(the "Bonds"),to finance cost associated with the <br /> construction of the new Public Works facility in the City; and <br /> B. WHEREAS,the City has retained Ehlers&Associates,Inc., in Roseville,Minnesota("Ehlers"),as <br /> its independent municipal advisor for the Bonds in accordance with Minnesota Statutes, Section <br /> 475.60, Subdivision 2(9); <br /> NOW,THEREFORE,BE IT RESOLVED by the City Council of the City of Mounds View, <br /> Minnesota,as follows: <br /> 1. Authorization; Findings. The City Council hereby authorizes Ehlers to assist the City for the sale of <br /> the Bonds. <br /> 2. Meeting;Proposal Opening. The City Council shall meet at 7:00 P.M. on April 10, 2017, for the <br /> purpose of considering proposals for and awarding the sale of the Bonds. <br /> 3. Official Statement. In connection with said sale,the officers or employees of the City are hereby <br /> authorized to cooperate with Ehlers and participate in the preparation of an official statement for the <br /> Bonds and to execute and deliver it on behalf of the City upon its completion. <br /> Adopted this 13th day of March,2017. <br /> Carol A.Mueller,Mayor <br /> ATTEST: o7A-Nvt'Le3 <br /> James Ericson, City Administrator <br /> (SEAL) <br />
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