Res 2012- 18 Refunding Rev Comm Service BondsCITY OF MENDOTA HEIGHTS
DAKOTA COUNTY, MINNESOTA
RESOLUTION 2012 -18
RESOLUTION GIVING HOST APPROVAL TO THE ISSUANCE OF
REFUNDING REVENUE COMMUNITY SERVICES BONDS
(SOUTH METRO HUMAN SERVICES PROJECT)
• WHEREAS, South Metro Human Services, a Minnesota nonprofit corporation
(the "Company "), desires to finance the acquisition and renovation by the Company of 1111
Viking Drive in Maplewood, Minnesota to create a residential and therapeutic treatment facility
with 16 units of transitional housing and 2,500 square feet of meeting and office space and to
refinance the following transitional housing and community service facilities:
1100 — 161st Ln Andover
8786 Austin Blaine
12471 Larch Coon Rapids
370 Ware Lino Lakes
3066 Arcade Little Canada
1276 Mayhill Maplewood
2088 Bradley Maplewood
2080 Highwood Maplewood
2370 Kressin Mendota Heights
2305 — 14th Ave North St. Paul
2438 Homestead Oakdale
5934 Alameda Shoreview
425 — 18th Ave South St. Paul
1435 Grand Ave St. Paul
1714 Nebraska St. Paul
1880 Wilson St. Paul
(collectively, the "Project "); and
WHEREAS, the Company has proposed that the City of Little Canada, Minnesota
( "Little Canada "), issue tax exempt revenue bonds in the approximate aggregate principal
amount of $4,900,000 (the "Bonds ") to finance the Project pursuant to Minnesota Statutes,
Section 469.152 through 469.1651; and
WHEREAS, Section 147(f) of the Internal Revenue Code of 1986, as amended
(the "Code "), requires that each governmental unit in which facilities to be financed by the
Bonds are located must approve the issuance of the Bonds following a public hearing and one of
the facilities is located at 2370 Kressin in the City of Mendota Heights (the "City "); and
WHEREAS, a public hearing on this matter was held by the City on the date
hereof; and
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WHEREAS, the Bonds are payable solely from revenues of the Company, will
not be a general or moral obligation of the City or any other political subdivision of the State of
Minnesota, but will be payable solely fiom revenues of the Company, to the extent and in the
manner provided in the documents executed in connection with the issuance of the Bonds;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Mendota Heights, Minnesota, as follows:
1. The City hereby gives the host approval required under the Code to the issuance
of the Bonds by Little Canada to finance the Project.
2. In no event shall the Bonds ever be payable from or charged upon any funds of
the City; the City is not subject to any liability thereon; no owners of the Bonds shall ever have
the right to compel the exercise of the taxing power of the City to pay any of the Bonds or the
interest thereon, nor to enforce payment thereof against any property of the City; the Bonds shall
not constitute a charge, lien or encumbrance, legal or equitable, upon any property of the City;
and the Bonds do not constitute an indebtedness of the City within the meaning of any
constitutional or statutory limitation.
Adopted this third day of April 2012.
Attest:
By
Ci dministrator
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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 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 of said City, duly called
and held on the date therein indicated, insofar as such minutes relate to host approval of
Community Services Revenue Bonds (South etro Human Services Project).
WITNESS my hand this % ay of April, 2012.
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