Res 74 - 58 Extract of Minutes of Meeting of the City Council of MH (6/18/1974)1
RESOLUTION NO. 74-58
EXTRACT OF MINUTES OF MEETING OF THE
CITY COUNCIL OF THE CITY OF
MENDOTA HEIGHTS, MINNESOTA
HELD THE 18TH DAY OF JUNE 197�
Pursuant to due call and notice thereof, a
meeting of the City Council of the City of Mendota
Heights, Minnesota, was duly called and held at the
Council Chambers in said City on the 18th day of June,
197�, at 8:00 P.M.
The following members were present:
Huber, Lockwood, Gutzmer, Loslehen,
and the following members were absent:
Wahl.
Member Huber introduced the following resolution
and moved its adoption: �
� RESOLUTION CONSOLIDATING
IMPROVEMENTS FOR FINANCING &
CALLING�PUBLIC SALE ON TEMPORARY IMPROVEMENT
BONDS SERIES 1974 �
WHEREAS,
A. This Council has heretofore ordered
improvements numbered respectively
73-1, 73-3, 74-1 and 74-5, and
B. Shaughnessy & Co., the City's fiscal agents,
have recommended and this�Council hereby
finds and determines that it is advisable
and expedient that the foregoing improve-
ments be consolidated for purposes of
financing the costs thereof through the
issuance of Improvement Bonds pursuant to
Chapter 42g, M.S.
�
�
. ; �,
a
N�W, THEREFORE, BE IT RES4LVED by the City
Council of the City of Mendo�a Heights as fa3.lows:
1. Said improvements be and the same�hereby
are consolidated for �he purposes of
financing and the same shall be temporari.ly
financed out of the proceeds of bonds to
be hereafter issued in the amaunt af
$660,000 and to be designated "Temporary
Improvement Bonds, Series 197�".
2. This Council shall meet at �he time and
place specif3.ed in the farm of' r2btice
hereinaf�er contained for the purpose of
opening and considering sealed bids for,
and awarding the sale of $660 000 Temparary
Improvement Bonds, Series 197�4 af said City.
3. The City Clerk is hereby authar3.zed and
direeted to cause notice af the time, place
and purpose af said meeting to be pub2ished
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 following form: '
�4. Each and all of the terms and provisions
of the foregoing form of notice are
her.eby adopted as the terms and conditions
of said bonds and'of the sale thereof.
T�he motion for the adoption of the foregoing
resolut3on was duly seconded by member Gutzmer and upon
a vote being taken thereon the following voted in
favor thereof:
Huber, Lockwood, Gutzmer, Loslehen
0
' and the following against the same:
None
Whereupon said resolution was declared duly
passed and adopted.
_-_- Y� , '� , , � -
0
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 of a meeting
of the City Council of said City held on the 18th day of
June, 1974, with the original thereof on file in my office,
and the same is a full, true and complete transcript there-
from insofar as the same relates to a resolution consoli-
dating improvements for financing and calling for the
sale of $660,000 Temporary Improvement Bonds, Series 1g74.
;
WITNESS my hand as such Clerk and the co�porate
seal of the City this day of � ,19�4.
_ i
� z � ��
. �� �`'� _ �
- ` � �` '. c i SEAL )
5
: /' �
' r;: .� r� !
t �, `
r -
J
:crzt c;lerx,
Heig ts, Mi
y or i�ienaota
ota
�