HomeMy WebLinkAbout7033 - ADMIN Resolution - City Council - 1981/12/21RESOLUTION NO. 7033
A RESOLUTION CONFIRMING AND RATIFYING RESOLUTION
7024 AWARDING THE SALE OF $3,000,000 GENERAL
OBLIGATION TEMPORARY IMPROVEMENT BONDS OF 1981;
FIXING THEIR FORM AND SPECIFICATIONS; DIRECTING
THEIR EXECUTION AND DELIVERY; AND PROVIDING FOR
THEIR PAYMENT
WHEREAS, on December 9, 1981, the City Council adopted
Resolution 7024 awarding the sale of $3,000,000 General
Obligation Temporary Improvement Bonds of 1981, and
WHEREAS, five members were present at said meeting and a
sixth member was out of town but participated in the meeting
through a long distance telephone conference call, and he was
available to hear all discussions and to participate in every
manner in awarding the sale of the bonds, and
WHEREAS, to clarify and remove any doubt that the required
six votes under Section 6.15 of -the Charter have been cast
in favor of the issuance of these bonds and to ratify in its
entirety Resolution 7024, the City Council has been advised to
adopt a confirming and ratifying resolution, '
NOW, THEREFORE, BE IT RESOLVED By the City Council of the
City of St. Louis Park, Minnesota, as follows:
1. The award and sale of $3,000,000 G.O. Temporary Improvement
Bonds of 1981 to Harris Trust and Savings Bank and all of the
provisions of Resolution 7024 adopted on December 9, 1981, are
hereby confirmed and ratified in their entirety.
2. A certified copy of this resolution shall be transmitted
to Wurst, Carroll and Pearson, P.A., the approving bond attorneys
for this bond issue, and shall be made a part of the bond transcript.
Adopted by the City Council December 21, 1981
Reviewed for administration:
Approved as to form and legality:
CAii----
City Attorney