HomeMy WebLinkAboutResolution No. 2001-087 Sale of $10,220,000 Public Project Revenue Bonds - 2001RESOL
RESOLUTION PRO
Il
$10,220,000 PUBLIC PROJE
T
BE IT RESOLVED by the City C
u
Minnesota, (the "City") as follows:
Meeting: Proposal Opening.
3. Background
be specified in the Terms of l
3.1 The City Council of the City
f
it is necessary and expedient
o
Series 2001 (the "Bonds"), to
fir
3.2 The Bonds will be issued b
tl
(the "Authority"). The City
n
agreement for the Project.
Official Statement. In connei
3.3 The City has designated E
le
("Ehlers"), as its independe
t
solicit proposals in accor
an
Subdivision 2(9).
day of November, 2001.
4. Action
City Council shall me
4.1
Authorization; Findings. The
(Bonds.
-op
the sale of the
4.2
Meeting: Proposal Opening.
approving
be specified in the Terms of l
oto
on the sale of the bonds an
and
Project.
4.3
Terms of Proposal. The term
and are hereby approved
fully set forth 'in the Bond S
hereof.
4.4
Official Statement. In connei
with Said sale, the off E'iceb
City hereby authorized to coy
)er
of an official statement for t
in the preparation
the Authority upon its compl,
Adopted this 20`h
day of November, 2001.
ATTEST:
City Clerk
NO. 1001-87
1G FOR THE SALE O
WENfUE BONDS, SERI
(the "City Council,") 9
.Ina, Minnesota, haster,
ae $10,220,000 Publ P�
ce police facility and City
Edina Housing ande4
he Authority will enter J
& Asociates, Inc., II'I inJ
anciat advisor and �ils tb
with Minnesota tatut
City of Edina
2002
the City of Edina,
fore determined that
ject Revenue Bonds,
Flall improvements.
,elopment Authority
Ito a lease purchase
oseville, Minnesota
-efore authorized to
s, Section 475.60,
'ity hereby authorizes Eh�ers solicit proposals for
he
City Council shall me
t 4,
he time and place to
-op
sal for the purpose o
ratif
Ong Authority action
approving
the lease andi
oto
agreements for the
and
conditions of the Bonds 4d
the sale thereof are
e]Report
and are hereby approved
and made a part
ion
with Said sale, the off E'iceb
or employees of the
)er
to with Ehlers and paj•ticito
in the preparation
eBonds
and to execute end
eliver it on behalf of
ion.
I II
City Hall 952 927-8861
4801 WEST 50TH STREET FAX (952) 826-0390
EDINA, MINNESOTA 55424-1394 TDD (952) 826-0379
I
STATE OF MINNESOTA )
COUNTY OF HENNEPIN )SS
CITY OF EDINA
CERTIFICA
I, the undersigned duly appointed and actin
that the attached and foregoing Resolution
Regular Meeting of November 20, 2001,
Meeting.
WITNESS my hand and seal of said City thi
Cl er for the City
July opted by the
as re orded in the
ay Of
a do hereby certify
City Council at its
;s of said Regular
, 20
City Clerk