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<br />RESOLUTION 8732 <br /> <br />CITY OF MOUNDS VIEW <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br /> <br /> <br />Resolution Providing for the Sale of $6,000,000 General Obligation Capital Improvement <br />Plan Bonds, Series 2017A <br /> <br /> <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 /> <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 /> <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Mounds View, <br />Minnesota, as follows: <br /> <br />1. Authorization; Findings. The City Council hereby authorizes Ehlers to assist the City for the sale of <br />the Bonds. <br /> <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 /> <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 /> <br /> Adopted this 13th day of March, 2017. <br /> <br /> <br /> <br /> <br />_________________________________ <br />Carol A. Mueller, Mayor <br /> <br />ATTEST: <br />_______________________________ <br /> James Ericson, City Administrator <br /> <br />(SEAL) <br />