HomeMy WebLinkAbout96-186 - ADMIN Resolution - City Council - 1996/11/18f
RESOLUTION NO. 96-185
EXTRACT OF MINUTES OF A MEETING OF THE
CITY COUNCIL OF THE CITY OF
ST. LOUIS PARK, MINNESOTA
HELD: NOVEMBER 18, 1996
Pursuant to due call and notice thereof, a regular meeting of the City Council of the
City of St. Louis Park, Minnesota, was held at the City Hall in said City on November 18,
1996 at 7:30 P.M. Central Standard Time, for the purpose, in part, of considering proposals
for, and awarding the negotiated sale of, $9,570,000 General Obligation Tax Increment
Bonds, Series 1996 of the City.
The following members were present: Jeff Jacobs, Sue Sanger, Ron Latz
Obert Young, Jim Brimeyer, Gail Dorfman
and the following were absent: Jeff Appel Q u i St
The Clerk presented the offers for the purchase of $9,570,000 General Obligation Tax
Increment Bonds, Series 1996 of the City, for which proposals were to be received, opened r
and recorded by the Clerk, or designee, this same day, in accordance with the resolution
adopted by the City Council on September 16, 1996.
The proposals set forth in Exhibit A to the attached resolution were received, opened
and recorded at 12:00 Noon, Central Time, at the offices of Ehlers and Associates, Inc., in the
presence of the Clerk, or designee, on this same day
(SEE EXHIBIT A ATTACHED HERETO)
The Council then proceeded to consider and discuss the bids, after which member
Jeff Jacobs introduced the following resolution and moved its adoption.
The motion for the adoption of the following resolution was duly seconded by member
Ron 1 a t 7 and, after a full discussion thereof and upon a vote being taken thereon,
the following voted in favor thereof: all present voted in favor
and the following voted against the same: none
Whereupon said resolution was declared duly passed and adopted.
BOND/22125897 3857-903 11/18196