HomeMy WebLinkAbout04-07-08CITY OF LAKEVILLE
HOUSING AND REDEVELOPMENT AUTHORITY MEETING
APRIL 7, 2008
Chair Rieb called the meeting to order at 6:50 p.m.
Roll call was taken. Present: Commissioners Rieb, Swecker, Bellows,
Dahl and Wulff. Also present: Steve Mielke, Executive Director; Dennis
Feller, Finance Director; and C. Friedges, City Clerk.
The minutes of the March 17,.2008 HRA meeting were approved as
printed.
Item 3
Finance Director Dennis Feller presented a resolution approving the
issuance and sale of the Educational Facilities Revenue Note for the All
Saints School Project. He explained that All Saints Catholic Church has
requested the City act as the conduit for a bank qualified tax exempt
refinancing of existing debt, which is related to the school use. The
bonds are the sole responsibility of All Saints Catholic Church, and the
City has no responsibility toward the debt obligations. A public hearing
on the issuance of the bonds was conducted at the March 17th HRA
meeting.
08.05 Motion. was made and seconded to approve Resolution No. 08-03
:approving the issuance and sale of the Housing and Redevelopment
Authority of Lakeville, Minnesota, Educational Facilities Revenue Note
(All Saints School Project), Series 2008, and authorizing the execution of
documents relating thereto.
Roll call was taken on the motion. Ayes, unanimous.
Chair Rieb adjourned the meeting at 6:52 p.m.
R~spectfj!~Ily sul5~itted,
Charlene. Friedges; ~t~i Clerk
Laurie Rieb, Chair