HomeMy WebLinkAboutResolution 6295
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RESOLUTION NO. 6295
CITY OF MOUNDS VIEW
COUNTY OF RAMSEY
STATE OF MINNESOTA
RESOLUTION APPROVING A CONTRACT WITH SPRINGSTED, INC. FOR CONTINUING
DISCLOSURE AND ARBITRAGE REBATE SERVICES FOR THE G.O. IMPROVEMENT
BONDS, SERIES 2004A
WHEREAS, the City of Mounds must comply with a SEC requirement to annually submit
financial reports known as continuing disclosure; and
WHEREAS, the City of Mounds must comply with a US Treasury requirement to
periodically submit arbitrage reports and rebates; and
WHEREAS, Springsted, Inc. is the City's financial advisor and provides continuing
disclosure and arbitrage rebate services to many of its clients; and
WHEREAS, Springsted, Inc. has filed continuing disclosure reports for the City of
Mounds View for the years 2001 onward; and
WHEREAS, Springsted, Inc. has proposed a contract to provide continuing disclosure
and arbitrage rebate services to the City for the G.O. Improvement Bonds, Series 2004A.
NOW THEREFORE, BE IT RESOLVED, that the City Council authorizes the existing
contract with Springsted, Inc. for the preparation of continuing disclosure reports to remain in
effect for the year 2004 and that arbitrage rebate services and the G.O. Improvement Bonds,
Series 2004A be added to the contract.
Adopted this 28th day of June 2004.
ATTEST:
(SEAL)
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Ku Ulrich, City Administrator