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Agenda Packets - 2004/06/28 (2)
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Agenda Packets - 2004/06/28 (2)
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1/28/2025 4:48:42 PM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
6/28/2004
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City Council Document Type
City Council Packets
Date
6/28/2004
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<br />RESOLUTION NO. 6295 <br /> <br />CITY OF MOUNDS VIEW <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br /> <br />RESOLUTION APPROVING A CONTRACT WITH SPRINGSTED, INC. FOR CONTINUING <br />DISCLOSURE AND ARBITRAGE REBATE SERVICES FOR THE G.O. IMPROVEMENT <br />BONDS, SERIES 2004A <br /> <br />WHEREAS, the City of Mounds must comply with a SEC requirement to annually submit <br />financial reports known as continuing disclosure; and <br /> <br />WHEREAS, the City of Mounds must comply with a US Treasury requirement to <br />periodically submit arbitrage reports and rebates; and <br /> <br />WHEREAS, Springsted, Inc. is the City’s financial advisor and provides continuing <br />disclosure and arbitrage rebate services to many of its clients; and <br /> <br />WHEREAS, Springsted, Inc. has filed continuing disclosure reports for the City of <br />Mounds View for the years 2001 onward; and <br /> <br />WHEREAS, Springsted, Inc. has proposed a contract to provide continuing disclosure <br />and arbitrage rebate services to the City for the G.O. Improvement Bonds, Series 2004A. <br /> <br />NOW THEREFORE, BE IT RESOLVED, that the City Council authorizes the existing <br />contract with Springsted, Inc. for the preparation of continuing disclosure reports to remain in <br />effect for the year 2004 and that arbitrage rebate services and the G.O. Improvement Bonds, <br />Series 2004A be added to the contract. <br /> <br /> <br />Adopted this 28th day of June 2004. <br /> <br /> <br />ATTEST: <br /> <br /> Jerry Linke, Mayor <br /> <br /> <br /> <br />(SEAL) <br /> Kurt Ulrich, City Administrator <br />
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