HomeMy WebLinkAbout86-130 A`
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CERTIFICATION OF MINUTES RELATING TO
$820,000 GENERAL OBLIGATION FIRE STATION 60NDS,
SERIES 1986
• Issuer: Cit of Lakeville Minnesota
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Governing Body: City Council
Kind, date, .time and place of meeting:. A council meeting.
held on October 20, 1986, at 7:00 o'clock P.M., at .the City
Hall.
Members present: Sindt, Enright, Harvey, Nelson, and Zaun
Members absent:
Documents Attached:.
Minutesofsaid meeting (pages):
RESOLUTION NO. 86-130
RESOLUTION AUTHORIZING ISSUANCE Ai~TD SALE OF $tt20,000
GENERAL OBLIGATION FIRE STATION BONDS, SERIES 1986
OFFICIAL TERMS OF OFFERING
• NOTICE OF SALE
I, the .undersigned, being the duly qualifies ana acting
recording. officer of the public corporation issuing the bonds
referred to in the title of this certificate,..certify that the
documents attached hereto, as described above, have been carefully
compared with the original records of said corporation in my legal
custody, from which they have been transcribed; that-said documents
are a correct and complete transcript of the .minutes of a meeting of
the governing body of said corporation,. and correct and complete
copies of .all resolutions and other actions taken ana of all
documents approved by the governing body: at .said meeting,. so far as
they relate to said bonds; and that said meeting was duly hela by
the.governing body at the time and place and was attended throughout
by the members indicated above, pursuant to call ancc notice of such
meeting given as required by law.
WITNESS my hand officially as such recording fcer
this 20th day of October , 1986..
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Signature
Patrick McGarvey
• Administrator-Cler k
Member Haryc~w introduced the following
• resolution and moved its adoption:
RESOLUTION NO. 86-130
RESOLUTION AUTHORIZING ISSUANCE AND SALE OF
$820,000 GENERAL OBLIGATION FIRE STATION
BONDS, .SERIES 1986
BE IT RESOLVED by the City Council of .the City of
..Lakeville, .Minnesota,. as follows:
1. Bond Authorization. For the purpose of financing
the .cost of constructing-and furnishing a new fire station in
the City, the City determines that it is necessary to sell and
issue general obligation bonds of the City in the. amount of
$820,000 as previously approved by .the electors.
2. Sale Terms. Springsted Incorporated, bond
consultants to the City, has presented to this Council a form
of Official Terms 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 Clerk. Each and all of the provisions of the Official
Terms of Offering arehereby adopted as the terms..and
conditions of said bonds and of the sale thereof, ans snall be
• made available to all prospective purchasers `of .the ..bonds The
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. publishes
in Minneapolis, at least ten days before .the .date of sale.
3. Sale Meeting... This Council shall meet on Monday,
November 17, 1986, at 7.:00 P.M., to consider the .bids received
for the purchase ofthe bonds,. and to take such actions thereon
as is deemed in the best interests of the City.
pproved: ~C
Kay
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Attest: ,
Administrator-Clerk
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The motion for..the adoption of the foregoing
• resolution was duly seconded by Member Sindt ,
and .upon vote being taken thereon, the following voted in .favor
thereof
and the following voted against the same:
whereupon. said resolution was declared passed and adopted.
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