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• <br /> <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 />and the following voted against the same: <br />NONE +° <br />~~ <br />Whereupon said resolution was declare <br />f~R~yx$~~~i <br />~~P~4€~x denied. <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 th City upon <br />its completion. <br />The motion for the adoption of the foreglbi resolution <br />was duly seconded by Councilmember nianrra,-~ an ter <br />full discussion thereof and upon a vote being taken t eon, the <br />following Councilmembers ~~eQtxxnxfu~exx#:he]c~m~t d pia of Resolution <br />No. 4359. <br />Mayor Linke, Councilmembers Wuori, Blanchard, ick` ickaby <br />,. <br />;; <br />~:~ <br />~` <br />ATTEST: <br />Mayor <br />(SEAL) _ <br />City Administrator <br />236783 <br />2 <br />