HomeMy WebLinkAboutCC RES 08-026 RESOLUTION GIVING PRELIMINARY APPROVAL FOR THE ISSUANCE OF THE CITY'S GENERAL OBLIGATION STREET RECONSTRUCTION PLAN BONDS IN AN AMOUNT NOT TO EXCEED $1,910,000 AND ADOPTING THE CITY OF ST. ANTHONY, MINNESOTA STREET RECONSTRUCTION PLAN OF 200 Meeting Sheet
IIIIIIVIIIVIIIVIIIVIIIVIII IIIIIIII
104113
Box: 31
Folder: RES 2008
Document: CC RES 08-026 RESOLUTION GIVING PRELIMINARY
APPROVAL FOR THE ISSUANCE OF THE CITY'S GENERAL OBLIGATION
STREET RECONSTRUCTION PLAN BONDS IN AN AMOUNT NOT TO
EXCEED $1,910,000 AND ADOPTING THE CITY OF ST. ANTHONY,
MINNESOTA STREET RECONSTRUCTION PLAN OF 200
• CITY OF ST.ANTHONY VILLAGE
RESOLUTION 08-026
GIVING PRELIMINARY APPROVAL
FOR THE ISSUANCE OF THE CITY'S GENERAL OBLIGATION
STREET RECONSTRUCTION PLAN BONDS
IN AN AMOUNT NOT TO EXCEED $1,910,000 AND
ADOPTING THE CITY OF ST. ANTHONY, MINNESOTA STREET
RECONSTRUCTION PLAN OF 2008 THROUGH 2012 THEREFOR
WHEREAS, the City Council of the City of St. Anthony, Minnesota (the "City") proposes to
issue its general obligation street reconstruction plan bonds (the "Bonds") and adopt the City of St.
Anthony, Minnesota Street Reconstruction Plan of 2008 through 2012 therefor(the "Plan"); and
WHEREAS, the City has caused notice of the public hearing on the intention to issue the
Bonds and on the proposed adoption of the Plan to be published pursuant to and in accordance with
Minnesota Statutes, Section 475.58, Subdivision 3b; and
WHEREAS, a public hearing on the intention to issue the Bonds and on the proposed Plan has
been held on this date, following published notice of the hearing as required by law.
NOW, THEREFOR, BE IT RESOLVED by the City Council of the City of St. Anthony,
• Minnesota, that the City hereby gives preliminary approval for the issuance of up to $1,910,000
aggregate principal amount of the Bonds. The Plan is hereby adopted, the same being before the
City Council and made a part of these proceedings by reference. The City declares its official intent
to reimburse itself for the costs of the Plan from the proceeds of the Bonds.
The motion for the adoption of the foregoing resolution was duly seconded by Member
and, after full discussion thereof and upon a vote being taken thereon, the
following voted in favor thereof: f&US+I VD41
-Ch weSP�
C Y-0-L-16,l le-
and the following voted against the same: NJovk&
Whereupon said resolution was declared duly passed and adopted.
is