Res 1986 - 56 Extract of Minutes of the City Council of Mendota Heights (7/1/1986)588E
EXTRACT OF MINUTES OF MEETING OF THE
CITY COUNCIL OF THE CITY OF
MENDOTA HEIGHTS, MINNESOTA
HELD: JULY 1, 1986
Pursuant to due call and notice thereof, a regular meeting
of the City Council of the City of Mendota Heights, Minnesota,
was duly held at the City Hall in said City on the 1st day of
July, 1986, at 7:30 P.M.
The following members were present:
and the following were absent:
Member introduced the following
resolution and moved its adoption:
RESOLUTION PROVIDING FOR PUBLIC SALE
OF $2,400,000 GENERAL OBLIGATION IMPROVEMENT
BONDS OF 1986
BE IT RESOLVED by the City Council of the City of Mendota
Heights, Minnesota, as follows:
1. It is hereby found, determined and declared that this
City should issue $2,400,000 General Obligation Improvement
Bonds of 1986 to defray the expense of the construction of
various improvements in the City.
2. This Council shall meet at the time and place
specified in the form of notice hereinafter contained for the
purpose of opening and considering sealed bids for, and award-
ing the sale of $2,400,000 General Obligation Improvement Bonds
of 1986 of said City.
3. The City Clerk is hereby authorized and directed to
cause notice of the time, place and purpose of said meeting to
be published in the official newspaper of the City and in
Commercial West not less than ten days in advance of date of
sale, as provided by law, which notice shall be in
substantially the form set forth in Exhibit A attached hereto.
4. The terms and conditions of said bonds and
the sale thereof are fully set forth in the "Official Terms
of Bond Sale" attached hereto as Exhibit B and incorporated
herein by reference.
The motion for the adoption of the foregoing resolution
was duly seconded by member and upon a vote
being taken thereon, the following voted in favor thereof:
and the following voted against the same:
Whereupon said resolution was declared duly passed and
adopted.
STATE OF MINNESOTA
COUNTY OF DAKOTA
CITY OF MENDOTA HEIGHTS
I, the undersigned, being the duly qualified and acting
Clerk of the City of Mendota Heights, Minnesota, DO HEREBY
CERTIFY that I have carefully compared the attached and
foregoing extract of minutes with the original minutes of a
meeting of the City Council held on the date therein indicated,
which are on file and of record in my office, and the same is a
full, true and complete transcript therefrom insofar as the
same relates to the proposed sale of $2,400,000 General Obliga-
tion Improvement Bonds of 1986 of said City.
WITNESS my hand as such Clerk and the official seal of the
City this /sf day of _%. �y , 1986.
(SEAL)
City Clerk