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34 <br />EXTRACT OF MINUTES OF A MEETING OF THE <br />CITY COUNCIL OF THE CITY OF ST. ANTHONY, MINNESOTA <br />HELD: MARCH 23, 2010 <br />Pursuant to due call and notice thereof, a regular or special meeting of the City Council of the <br />City of St. Anthony, Minnesota, was duly called and held at the City Hall in St. Anthony, Minnesota <br />on the 23rd day of March, 2010 at 7:00 p.m. for the purpose, in part, of giving preliminary approval <br />for the issuance of the City's general obligation street reconstruction plan bonds and adopting the <br />City's street reconstruction plan. <br />The following members were present: <br />and the following were absent: <br />Member <br />introduced the following resolution and moved its adoption: <br />RESOLUTION <br />GIVING PRELIMINARY APPROVAL <br />FOR THE ISSUANCE OF THE CITY'S GENERAL OBLIGATION <br />STREET RECONSTRUCTION PLAN BONDS IN AN AMOUNT <br />NOT TO EXCEED $1,400,000 AND <br />ADOPTING THE CITY OF ST. ANTHONY, MINNESOTA STREET <br />RECONSTRUCTION PLAN OF 2010 THROUGH 2014 THEREFOR <br />A. WHEREAS, the City Council of the City of St. Anthony, Minnesota (the "City") <br />proposes to issue its general obligation street reconstruction plan bonds (the "Bonds") and adopt the <br />City of St. Anthony, Minnesota Street Reconstruction Plan of 2010 through 2014 therefor (the "Plan"); <br />and <br />B. WHEREAS, the City has caused notice of the public hearing on the intention to issue <br />the Bonds and on the proposed adoption of the Plan to be published pursuant to and in accordance <br />with Minnesota Statutes, Section 475.58, Subdivision 3b; and <br />C. WHEREAS, a public hearing on the intention to issue the Bonds and on the proposed <br />Plan has been held on this date, following published notice of the hearing as required by law; and <br />Ehlers & Associates, Inc. Page 16 <br />