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Resolution No. _______________ Council Member _________________ introduced the following resolution and moved its adoption: Resolution Providing for the Sale of $6,000,000 General Obligation Capital Improvement Plan Bonds, Series 2017A A. WHEREAS, the City Council of the City of Mounds View, Minnesota has heretofore determined that it is necessary and expedient to issue the City's $6,000,000 General Obligation Capital Improvement Plan Bonds, Series 2017A (the "Bonds"), to finance cost associated with the construction of the new Public Works facility in the City; and B. WHEREAS, the City has retained Ehlers & Associates, Inc., in Roseville, Minnesota ("Ehlers"), as its independent municipal advisor for the Bonds in accordance with Minnesota Statutes, Section 475.60, Subdivision 2(9); NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Mounds View, Minnesota, as follows: 1. Authorization; Findings. The City Council hereby authorizes Ehlers to assist the City for the sale of the Bonds. 2. Meeting; Proposal Opening. The City Council shall meet at 7:00 P.M. on April 10, 2017, for the purpose of considering proposals for and awarding the sale of the Bonds. 3. Official Statement. In connection with said sale, the officers or employees of the City are hereby authorized to cooperate with Ehlers and participate in the preparation of an official statement for the Bonds and to execute and deliver it on behalf of the City upon its completion. The motion for the adoption of the foregoing resolution was duly seconded by City Council Member _______________________ and, after full discussion thereof and upon a vote being taken thereon, the following City Council Members voted in favor thereof: and the following voted against the same: Whereupon said resolution was declared duly passed and adopted. Dated this 13th day of March, 2017. _________________________________ Mayor ATTEST: _______________________________ City Administrator