Laserfiche WebLink
• Resolution No. 06-024 <br /> Council Member introduced the following resolution and moved its adoption: <br /> Resolution Providing for the Sale of <br /> $3,190,000 General Obligation Improvement Bonds Series 2006A <br /> A. WHEREAS,the City Council of the City of St.Anthony Village,Minnesota,has heretofore determined <br /> that it is necessary and expedient to issue the City's$3,190,000 General Obligation Improvement Bonds <br /> Series 2006A(the"Bonds"),to finance the cost of the 2006 street reconstruction program in the City and <br /> to provide funds,together with any contributions of the City,sufficient for a current refunding of the City's <br /> callable General Obligation Bonds of 1998A and 2004A; and <br /> B. WHEREAS, the City has retained Ehlers &Associates,Inc., in Roseville,Minnesota("Ehlers"), as its <br /> independent financial advisor for the Bonds and is therefore authorized to solicit proposals in accordance <br /> with Minnesota Statutes, Section 475.60,Subdivision 2(9); <br /> NOW,THEREFORE,BE IT RESOLVED by the City Council of the City of St.Anthony Village,Minnesota: <br /> 1. Authorization,Findings. The City Council hereby authorizes Ehlers to solicit proposals for the sale of the <br /> Bonds. <br /> 2. Meeting;Proposal Opening. The City Council shall meet at 7:00 P.M.on March 14,2006,for the purpose <br /> • of considering sealed proposals for and awarding the sale of the Bonds. <br /> 3. Official Statement. In connection with said sale, the officers or employees of the City are hereby <br /> authorized to cooperate with Ehlers and participate in the preparation of an official statement for the Bonds <br /> and to execute and deliver it on behalf of the City upon its completion. <br /> The motion for the adoption of the foregoing resolution was duly seconded by Council Member <br /> J+ I 1 , and, after full discussion thereof and upon a vote being taken thereon, the <br /> following Council Members voted in favor thereof F�j tc4f <br /> 4-h i l c <br /> 44 �- "Th a ec on <br /> and the following voted against the same: 61 <br /> hent- <br /> Whereupon said resolution was declared duly passed and adopted. <br /> Dated this I`f4"'day of ltA b^ 2006. <br /> It �A <br /> Ci erk <br /> • <br />