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HomeMy WebLinkAbout7353 (Res. Reserved but not used)1 (196 • • RESOLUTION NO. 7352 - continued BE IT FURTHER RESOLVED that a copy of this resolution duly certified by the City Clerk shall be recorded in the office of the County Recorder of Washington County, Minnesota. Adopted by the affirmative vote of all member of the City Council this 21st day of August, 1984. Published: Augusr 30, 1984 ,A,Ls-J May City Coordinator RESOLUTION N0. 7353 - RESERVED FOR A SPECIFIC PURPOSE BUT NEVER USED. RESOLUTION N0. 7354 RESOLUTION AUTHORIZING ISSUANCE AND SALE OF $4,850,000 GENERAL OBLIGATION IMPROVEMENT BONDS, SERIES 1984A BE IT RESOLVED by the City Council of the City of Stillwater, Minnesota, as follows: 1. BOND AUTHORIZATION. For the purpose of refunding a maturity of the City's $6,100,000 General Obligation Temporary Improvement Bonds, Series 1981A, dated November 1, 1981, this Council determines that, in addition to funds on hand, it is: necessary to sell and issue general obligation improvement bonds of the City in the amount of $4.850,000. 2. Sale Terms. Springsted Incorporated, bond consultants to the City, has presented to this Council a form of Official Terns of Offering of the sale of the bonds, and a form of Notice of Sale for publication, which forms are attached hereto and shall be placed on file in the office of the City Clerk. Each and all of the provisions of the Official Terns of Offering are hereby adopted as the terns and conditions of said bonds and of the sale thereof, and shall be made available to all prospective purchasers of the bonds. The City Clerk is authorized and directed to cause the Notice of Sale to be published once in the official newspaper of the City, and once in the Commercial West, a financial periodical published in Minneapolis, at least ten days before the date of sale. 3. Sale Meeting. This Council shall meet on Tuesday, September 11, 1984, at 4:30 P. M., to consider the bids received for the purchase of the bonds, and to take such actions thereon as is deemed in the best interests of the City. Adopted by the Council this 23rd day of August, 1984 Published: August 30, 1984 Attest//��/�X A City Coordinator itar Mayor g=) U • • •