HomeMy WebLinkAbout98-08HOUSING AND REDEVELOPMENT AUTHORITY
IN AND FOR THE CITY OF LAKEVILLE
DAKOTA COUNTY, MINNESOTA
RESOLUTION
Date November 16, 1998 Resolution No.
Motion By Zaun Seconded By
Mulvihill
RESOLUTION APPROVING THE MEMORANDUM OF
UNDERSTANDING FOR THE LAKEVILLE AMES ARENA
WHEREAS, the Housing and Redevelopment Authority in and for the City of Lakeville
was a party to and approved the Memorandum of Understanding on July 6, 1992;
WHEREAS, the Housing and Redevelopment Authority issued $1,375,000 Ice Arena
Lease Revenue Bonds Series 1992;
WHEREAS, on October 20, 1997, the City Council approved Resolution 97 -239
Approving The Ice Arena and Financing For The Arena;
WHEREAS, Independent School District 194 - Lakeville, on October 28, 1997, approved a
Resolution Approving The Ice Arena and Financing;
WHEREAS, the City of Lakeville issued $1,135,000 in General Obligation Ice Arena
Bonds Series 1997B in December 1997;
WHEREAS, the Minnesota Amateur Sports Commission awarded a $250,000 Mighty
Ducks Grant to the City of Lakeville;
WHEREAS, the Lakeville Hockey Association has contributed the sum of $35,800 to pay
the cost of issuing the General Obligation Ice Arena Bonds Series 1997B;
WHEREAS, the Lakeville Hockey Association has paid $20,000 to the City of Lakeville
to finance the preliminary architectural expenses related to the Ames Arena;
WHEREAS, the City Council on April 6, 1998 approved the Architectural Services
Agreement with DLR Group and the Construction Management Agreement with Kraus- Anderson;
WHEREAS, the Lakeville Ames Arena Advisory Committee has met on a regular basis
and has reviewed and recommended City Council approval of the Memorandum of Understanding
relating to the construction, financing and operation of a second sheet of ice adjacent to the
Lakeville Ames Arena.
NOW THEREFORE BE IT RESOLVED, by the Housing and Redevelopment
Authority in and for the City of Lakeville, that the Memorandum of Understanding a copy attached
hereto is hereby approved.
ADOPTED this 16th day of November 1998.
HOUSING AND REDEVELOPMENT
AUTHORITY IN AND FOR THE CITY
OF LAKEVILLE, MINNESOTA
By.
I Chairperson
n
A