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• <br /> NOW, THEREFORE, BE IT RESOLVED by the City Council of <br /> • the City of Mounds View, Minnesota, as follows: <br /> 1. Authorization; Findings. The Council hereby <br /> authorizes Springsted to solicit bids for the competitive <br /> negotiated sale of the Bonds. <br /> 2. Meeting; Bid Opening. The Council shall meet at <br /> the time and place specified in the Terms of Proposal attached <br /> hereto as Exhibit A for the purpose of considering sealed bids <br /> for, and awarding the sale of, the Bonds. The City Clerk- <br /> Administrator, or her designee, shall open bids at the time and <br /> place specified in such Terms of Proposal. <br /> 3. Terms of Proposal. The terms and conditions of the <br /> Bonds and the negotiation thereof are fully set forth in the <br /> "Terms of Proposal" attached hereto as Exhibit A and hereby <br /> approved and made a part hereof. <br /> 4 . Official Statement. In connection with said <br /> competitive negotiated sale, the officers or employees of the <br /> City are hereby authorized to cooperate with Springsted and <br /> participate in the preparation of an official statement for the <br /> Bonds and to execute and deliver it on behalf of the City upon <br /> its completion. <br /> 41, The motion for the adoption of the foregoing resolution <br /> was duly seconded by Councilmember and, after <br /> full discussion thereof and upon a vote being taken thereon, the <br /> following Councilmembers voted in favor thereof: <br /> and the following voted against the same: <br /> Whereupon said resolution was declared duly passed and <br /> adopted. <br /> 236783 <br /> 2 <br />