Agenda Packets - 1989/10/16 - Laserfiche WebLink

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Mounds View City Council Regular Meeting ------------------------ September 25, 1989 Page Four Ron Langness, of Springsted Financial Advisors, report- 11. Presentatio!, ed bids had been opened earlier in the day for the of Bids for Mounds View Business Park tax increment bond sale, and Mounds View they are very pleased with the results. Interest Business Park rates are close to projections, with five bids re- Tax Increment ceived, and interest at 9.21%. Bond Sale Attorney Karney reported he had received the documen- tation and reviewed it. Notion/Second: Quick/Blanchard to approve Resolution No. 2540, authorizing and awarding the sale of, and providing the forms, terms, covenants and directions for $1,490,000 taxable general obligation tax incre- ment bonds, Series 1989C, to First Bank National Association, and pledging for the security thereof tax increment from Tax Increment Financing District No. 1, and waive the reading. 5 ayes 0 nays Motion/Second: Paone/Wuori to approve Resolution No. 2541, authorizing the sale of, and providing the forms, terms, covenants and directions for $930,000 general obligation tax increment bonds, Series 1989B, to Norwest Investment Services, and pledging for the security thereof tax increment from Tax Increment Financing District No. 1, and waive the reading. 5 ayes 0 nays Motion/Second: Paone/Hankner to approve Resolu- tionT No. 2535, approving a conditional use permit and development site plans for the Ramsey County library located at 2575 Mounds view Drive, Planning Case No. 277-89, and waive the reading. 5 ayes 0 nays Motion/Second: Quick/Wuori to approve Resolution No. 2538, approving a wetland alteration permit for Super America to perform work in a wetland buffer area at 7295 Silver Lake Road, Planning Case No. 279-89, and waive the reading. 5 ayes 0 nays Motion Carried E Motion Carried 12. Consideration of Resolution No. 2535 Motion Carried 13. Consideration of Resolution No. 2538 Motion Carried