HomeMy WebLinkAboutCC RES 11-068 RESOLUTION CALLING A PUBLIC HEARIN ON THE INTENTION TO ISSUES GENERAL OBLIGATION CAPITAL IMRPOVEMENT PLAN ONDS AND THE PROPOSAL TO ADOPT A CAPITAL IMRPOVEMENT PLAN THEREFOR Meeting Sheet
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103808
Box: 31
Folder: RES 2011
Document: CC RES 11-068 RESOLUTION CALLING A PUBLIC HEARIN ON
THE INTENTION TO ISSUES GENERAL OBLIGATION CAPITAL
IMRPOVEMENT PLAN ONDS AND THE PROPOSAL TO ADOPT A
CAPITAL IMRPOVEMENT PLAN THEREFOR
CITY OF ST. ANTHONY
Resolution 11-068
RESOLUTION CALLING PUBLIC HEARING ON THE INTENTION TO ISSUE GENERAL
OBLIGATION CAPITAL IMPROVEMENT PLAN BONDS AND THE PROPOSAL TO ADOPT A
CAPITAL IMPROVEMENT PLAN THEREFOR
WHEREAS, pursuant to Minnesota Statutes, Section 475.521 the City of St. Anthony,
Minnesota(the "City")may issue bonds to finance capital improvements under
its capital improvement plan(the "Plan") without an election provided that,
among other things,prior to issuing general obligation capital improvement plan
bonds (the "Bonds")the City adopts the Plan after holding a public hearing
thereon and publishing a notice of its intention to issue the Bonds and the date
and time of a hearing to obtain public comment on the issuance of the Bonds and
adoption of the Plan; and
WHEREAS, the City Council will hold a public hearing on November 8, 2011, on its
intention to issue the Bonds and to adopt the Plan; and
NOW, THEREFORE,BE IT RESOLVED by the City Council of the City of St. Anthony, Minnesota,
that the City Council hereby calls for a public hearing on its intent to issue the Bonds and to adopt the
Plan, the public hearing to be held on the date and time set forth in Exhibit A attached hereto. The City
Clerk has caused the notice of public hearing to be published at least 14 but not more than 28 days
before the date of the public hearing in the official newspaper of the City or a newspaper of general
circulation in the City and further,the City Clerk may post the notice of public hearing on the City's
official website, if any, at least 14 but not more than 28 days before the date of the public hearing.
Adopted this 25th day of October, 2011
4ayLor
ATTEST:
City Clerk
Reviewed for administration:
Int nm ity Manager