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CITY OF STILLWATER
RESOLUTION NO. 8292
RESOLUTION APPROVING RECOMMENDATION
OF OAK GLEN NEGOTIATING COMMITTEE
AND AUTHORIZING IMPLEMENTATION THEREOF
BE IT RESOLVED, by the City Council of the City of Stillwater, Minnesota as
follows:
1. The Council determines that the recommendations of the Oak Glen
Negotiating Committee regarding certain proposed transactions relating to
the Oak Glen Development, presented to the Council at this meeting, are in
the best interests of the City and its residents and are approved.
2. The City Attorney and the City's Bond Counsel are authorized and directed
to prepare all documents to be entered into by the City necessary to
implement the transactions and recommendations; and the Mayor and City
Administrator are authorized and directed to execute and deliver such
documents on behalf of the City.
Adopted by Council this 5th day of June, 1990.
ATTEST:
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