Res 2023-53 Bond Sale Street ReconEXTRACT OF MINUTES OF A MEETING OF THE
CITY COUNCIL OF THE CITY OF MENDOTA HEIGHTS, MB�INESOTA
HELD: SEPTEMBER 5, 2023
Pursuant to due call and notice thereof, a regular or special meeting of the City Council
of the City of Mendota Heights, Dakota County, Minnesota, was duly held at City Hall on
September 5, 2023, at 7:00 P.M., for the purpose, in part, of authorizing the compefitive
negotiated sale of $1,050,000 General Obligation Street Reconstruction Bonds, Series 2023A.
The following members were present: LtN��C�IAVIC�V1C�lU111, Maul}�IV�� PA �CY•
and the following were absent: Mi {�(.
Member � b introduced the following resolution and moved its adoption:
RESOLUTION N0.2023-53
RESOLUTION PROVIDING FOR THE SALE OF $1,050,000 GENERAL
OBLIGATION STREET RECONSTRUCTION BONDS, SERIES 2023A
A. WHEREAS, the City Council of the City of Mendota Heights, Minnesota (the
"City") has heretofore determined that it is necessary and expedient to issue the City's
$1,050,000 General Obligation Street Reconstruction Bonds, Series 2023A (the "Bonds"), to
finance the 2023 road reconstruction project in the City; and
B.
WHEREAS,
the City has
retained Ehlers &Associates, Inc., in Roseville,
Minnesota
("Ehlers"), as its
independent
municipal advisor for the Bonds in accordance with
Minnesota
Statutes, Section
475.60, Subdivision 2(9).
NOW, THEREFORE, BE IT RESOLVED by the City of Mendota Heights, Minnesota,
as follows:
1. Authorization. The City Council hereby authorizes Ehlers to assist the City for the
sale of the Bonds.
2.
Meeting;
Proposal
Opening. The City Council shall meet
at 7:00 P.M. on October
17, 2023, for
the purpose of considering
proposals for and awarding the
sale of the Bonds.
3. Official Statement. In connection with said sale, the officers or employees of the
City are hereby authorized to cooperate with Ehlers and participate in the preparation of an
official statement for the Bonds and to execute and deliver it on behalf of the City upon its
completion.
The motion for the adoption of the foregoing resolution was duly seconded by Council
Member {'0(1�CIr and, after full discussion thereof and upon a vote being
taken thereon, the following Council Members voted in favor thereof:
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and the following voted against the same:
Whereupon said resolution was declared duly passed and adopted.
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STATE OF MINNESOTA
DAKOTA COUNTY
CITY OF MENDOTA HEIGHTS
I, the undersigned, being the duly qualified and acting City Clerk of the City of Mendota
Heights, Minnesota, DO HEREBY CERTIFY that I have compared the attached and foregoing
extract of minutes with the original thereof on file in my office, and that the same is a full, true
and complete transcript of the minutes of a meeting of the City Council, duly called and held on
the date therein indicated, insofar as the minutes relate to providing for the issuance and sale of
$1,050,000 General Obligation Street Reconstruction Bonds, Series 2023A.
WITNESS my hand on September 5, 2023.
City Clerk
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