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Res 71 - 431 Authorizing Park Bond Issue in Forthcoming Village ElectionVillage of Mendota Heights Dakota County, Minnesota RESOLUTION NO. 431 RESOLUTION AUTHORIZING PARK BOND ISSUE IN FORTHCOMING VILLAGE ELECTION WHEREAS, the Park Commission has recommended to the Village Council that certain lands be acquired by the Village for the purpose of expanding the Village park system, and WHEREAS, the Village Park Commission has recommended that the acquisition of such property for park purposes be financed through a Village bond issue in the total amount of up to $500,000.00 and has further recommended that the question of issuing such bonds for the acquisition of such park property be submitted to the residents of the Village at the forthcoming Village election scheduled for November of 1971, and WHEREAS, the Village Council has reviewed the recommendations of the Park Commission and is of the opinion that it would be in the best interest of the Village.'to place the question of issuing such bonds upon the ballots to be submitted to the voters at the forth- coming Village election. NOW THEREFORE, IT IS HEREBY RESOLVED by the Village Council of the Village of Mendota Heights as follows: 1) That there be included on the ballot of the forth- coming Village election the question of whether or not the Village should issue bonds in the amount of up to $500,000.00 for the purpose of financing the acquisition of additional properties for the Village park system. `£ 2) That the Village Clerk be and is hereby authorized and directed to take all steps necessary to place said bond issue upon the ballot for the forthcoming Village election. Adopted by the Village Council of the Village of Mendota Heights this 7th day of September, 1971. Village VILLAGE COUNCIL VILLA OF MENDOTA HEIGHTS By Donald L. Huber Mayor