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Iw4su" CITY OF ST. ANTHONY NOTICE OF PUBLIC HEARING ON INTENTION TO ISSUE GENERAL OBLIGATION CAPITAL, IMPROVEMENT PLAN BONDS ANDTHE PROPOSAL TO ADOPT A CAPITAL IMPROVEMENT PLAN THEREFOR NOTICE IS HEREBY GIVEN, that the City Council of the City of St. Anthony, Minnesota, will meet on November 8, 2011, at 8:00 p.m. at the City Hall, 3301 Silver Lake Road NE, in St. Anthony, Minnesota, for the purpose of conducting a public hearing on (a) the intention to issue general obligation capital improvement plan bonds in an amount not to exceed $4,000,000 and (b) the proposal to adopt a capital improvement plan therefor. The proceeds of the bonds will be used to finance the acquisition of the existing Public Works Facility and Fire Station from the Housing and Redevelopment Authority in and for the City of St. Anthony, Minnesota (the "HRA"), the lessor of the Public Works Facility and Fire Station under the outstanding lease agreement and refund the HRA's outstanding principal amount of its Public Facilities Lease Revenue Bonds, Series 2003 (City of St. Anthony, Minnesota Lease Obligation), dated July 1, 2003 in anticipation of reducing debt service costs to the City. All persons interested may appear and be heard at the time and place set forth above. If a petition requesting a vote on the issuance of the bonds is signed by voters equal to five percent of the votes cast in the City in the last general election and is filed with the City within thirty days after the public hearing, the bonds may only be issued upon obtaining the approval of the majority of the voters voting on the question of issuing the bonds. Individuals unable to attend the public hearing can make written comment by writing to the City Clerk, St. Anthony City Hall, 3301 Silver Lake Road NE, St. Anthony, Minnesota 55418- 1667. Written comments must be received prior to the date and time of the public hearing. BY ORDER OF TI IE CITY COUNCIL City Clerk