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HomeMy WebLinkAbout81-005 C:LK'1'lY 1C:H'1'lUN Ur' !`ilNl)'1't;S t~~LH'1'1NL~ '1'U $775,000 GENERAL OBLIGATION TAX INCREMENT BONDS OF 1381 Issuer: •Cit of Lakeville, Minnesota Y Goverr.is~g Body: City Council Find, date, time and place of meeting: A regular meeting, held on Monday, January 5, 1981, at 7:30 o'clock P.M., in the Council Chambers located at 773 214th Street, Lakeville, Minnesota ~9embers present: Spande, Lekson, Zaun, Sindt, Nelson Aienbers absent : None Documents Attached: ?•linutes of said meeting (pages) No. 81-5 RESOLUTION AUTHORIZING THE EXECUTION BY THE CITY OF THE FIRST AMENDMENT TO COOPERATION AGREEMENT AND AUTHORIZING THE FILING THEREOF I, the undersigned, being the duly qualified and 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 com- plete 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 and of all documents approved by the governinc,~ body at said meeting, so far as they relate to said bonds; and that said meeting was duly held by the governing body at the time and place and was attended throughout by the members indicated above, pursuant to call and notice of such meeting given as required by law. WITNESS my hand officially as such recording officer this 5th day of January 13 81• , / ~ Si nature Patrick McGarvey, City Administrator Name and Title Councilmember Spando introduced the following written resolution and moved its adoption: No. 81-5 RESOLUTION AUTHORIZING THE EXECUTION BY THE CITX OF THE FIRST AMENDMENT TO COOPERATION AGREEMENT AND AUTHORIZING THE FILING THEREOF BE IT RESOLVED by the City Council of the City of Lakeville, Minnesota, as follows: Section 1. Recitals. 1.01. The City and The Housing and Redevelopment Authority In and For the City of Lakeville (the Authority) have entered into a Cooperation Agreement dated as of 1980 (the Cooperation Agreement) in which the Authority has undertaken to take certain actions in aid of Phase One of the Lakeville Redevelopment Project No. 1, and the City has undertaken to take certain actions in aid of the Project and to issue its General Obligation Tax Increment Bonds of-1981 in the amount of $775,000 to finance the public redevelop- ment costs of the Project. 1.02. The Cooperation Agreement has been filed with the Dakota County Auditor. 1.03. All terms capitalized herein, unless otherwise defined herein, shall have the same meanings given them in the Cooperation Agreement. I.04. The City and the Authority have determined that it is necessary and in their best interests to amend the Cooperation Agreement as provided herein. 1.05. There has been presented to this Council a form of First Amendment to Cooperation Agreement which is attached to and make a part of this Resolution (the Amendment). Section 2. Authorization of Execution and Filing of the Amendment. 2.01. The form of Amendment is hereby approved and the Mayor and City Clerk-Administrator are hereby authorized to execute the Amendment in substantially the form attached hereto with such additions, deletions and revisions as are determined necessary by the City Attorney. 2.02. The City Clerk-Administrator is hereby authorized to file a certified copy or duplicate original of the Amendment with the County Auditor of Dakota County. Adopted by the City Council this 5th day of January, 1981. Approve M or r Attest : ~.-c-~--r Clerk-Administrator The motion was seconded by Cauncilmember sindt , and upon vote being taken thereon, the following voted in favor thereof : 5indt, Nelson, Spande, Lekson & Zaun; and the fallowing voted against the same: None whereupon said resolution was declared duly passed and adopted, and was approved and signed by the Mayor, whose signature. was attested by the City Clerk-Administrator.