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HomeMy WebLinkAboutResolution No. 2005-075 Set Hrng Date of 10/4/05 for Revenue Bond Financing for Young Men's Christian Association of Metroplitan Mpls\1— RESOLUTION 2005-75 SET HEARING DATE OF OCTOBER 4, 2005, City of Edina FOR REVENUE BOND FINANCING FOR y YOUNG MEN'S CHRISTIAN ASSOCIATION (YMCA) OF METROPOLITAN MINNEAPOLIS WHEREAS, The Young Men's Christian Association of Metropolitan Minneapolis (the "Corporation'), intends to provide for the financing of equipment and the improvement of various administrative office, community program and health enhancement facilities in the cities of New Hope, Minneapolis, Andover, Edina and Minnetonka (collectively the "Project"), through a revenue bond in the amount of up to $5,000,000 (the "Bond") to be issued by the Minneapolis Community Development Agency (the "Issuer"); and WHEREAS, because one of the facilities to be financed is located in the City of Edina (the "City"), it is necessary for the City to hold a public hearing and then approve the issuance of the Bond by the Issuer; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Edina, Minnesota, as follows: Section 1. The City Council shall hold a public hearing at 7:00 p.m. central time on Tuesday, October 4, 2005, at the Council Chambers in City Hall, 4801 W. 5011, Street, Edina, Minnesota, to provide an opportunity for interested individuals to express their views on the proposed issuance of the Bond and the nature of the Project. The City Clerk shall cause a notice of public hearing in substantially the form attached as Exhibit A to be published in the official newspaper of the Cit n fewer than fourteen (14) and no more than thirty (30) days before the hearing. Adopted: September 6, 2005. ATTEST: City Clerk V Mayor STATE OF MINNESOTA COUNTY OF HENNEPIN ) SS CITY OF EDINA ) CERTIFICATE OF CITY CLERK I, the undersigned duly appointed and acting City Clerk for the City of Edina do hereby certify that the attached and foregoing Resolution was duly adopted by the Edina City Council at its Regular Meeting of September 6, 2005, and as recorded in the Minutes of said Regular Meeting. WITNESS my hand and seal of said City this day of , 20_ City Hall 4801 WEST 50TH STREET EDINA, MINNESOTA, 55424-1394 www.cityofedina.com City Clerk 952-927-8861 FAX 952-826-0390 TTY 952-826-0379