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HomeMy WebLinkAboutResolution 6461 . . " RESOLUTION NO. 6461 CITY OF MOUNDS VIEW COUNTY OF RAMSEY STATE OF MINNESOTA RESOLUTION APPROVING THE SUPPLEMENT TO THE JOINT POWERS AGREEMENT FOR THE S8M FIRE DEPARMENT WHEREAS, the City of Mounds View, together with the Cities of Spring Lake Park and Blaine (collectively, the "Cities") propose to acquire, construct and equip a new fire station in the City of Blaine (the "Project"); and WHEREAS, it is proposed that pursuant to a Supplement to Joint Powers Agreement among the Cities, a form of which has been presented to the Council at this meeting, the City of Blaine will issue its general obligation capital improvement plan bonds to finance the Project and the other Cities will be obligated to pay a portion of the debt service on the bonds; and WHEREAS, there has been presented to this Council the 2005 - 2009 Capital Improvement Plan, which, among other things, contemplates the acquisition, construction and equipping of the Project and the issuance of general obligation capital improvement plan bonds in the aggregate principal amount of $8,400,000 to finance the same (the "Capital Improvement Bonds"). NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Mounds View, Minnesota that the Supplement to Joint Powers Agreement in substantially the form attached to this resolution, is hereby approved, and the Mayor and City Manager are hereby directed to execute the same on behalf of the City. Adopted this 14tt1 Day of February 2005. (ATTEST) -} ~1!i--/;t~ Rob Marty, Mayor'n Y-"6. L~ Kurt Ulrich City Administrator ~ (SEAL)