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2024-25132368450v2 EXTRACT OF MINUTES OF A MEETING OF THE CITY COUNCIL OF THE CITY OF CHANHASSEN, MINNESOTA HELD: April 22, 2024 Pursuant to due call and notice thereof, a regular or special meeting of the City Council of City of Chanhassen, Carver and Hennepin Counties, Minnesota, was duly called and held at the City Hall on April 22, 2024, at 7:00 P.M. for the purpose, in part, of calling a public hearing on the intention to issue general obligation capital improvement plan bonds and the proposal to adopt a capital improvement plan therefor. The following members were present: Ryan McDonald Schubert von Oven Kimber And the following were absent: None Member McDonald introduced the following resolution and moved its adoption: RESOLUTION NO. 2024-25 RESOLUTION CALLING PUBLIC HEARING ON THE INTENTION TO ISSUE GENERAL OBLIGATION CAPITAL IMPROVEMENT PLAN BONDS AND THE PROPOSAL TO ADOPT A CAPITAL IMPROVEMENT PLAN THEREFOR A. WHEREAS, pursuant to Minnesota Statutes, Section 475.521 the City of Chanhassen, Minnesota (the "City") may issue bonds to finance capital expenditures under its capital improvement plan (the "Plan") without an election provided that, among other things, prior to issuing general obligation capital improvement plan bonds (the "Bonds") the City adopts the Plan after holding a public hearing thereon and publishing a notice of its intention to issue the Bonds and the date and time of a hearing to obtain public comment on the issuance of the Bonds and adoption of the Plan; and B. WHEREAS, the City Council will hold a public hearing on May 20, 2024 on its intention to issue the Bonds and to adopt the Plan; and NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chanhassen, Minnesota, that the City Council hereby calls for a public hearing on its intent to issue the Bonds and to adopt the Plan, the public hearing to be held on the date and time set forth in Exhibit A attached hereto. The City Council is hereby directed to cause the notice of public hearing to be published at least 14 but not more than 28 days before the date of the public hearing in the official newspaper of the City or a newspaper of general circulation in the City. DocuSign Envelope ID: CFF7A60F-68FB-4CF7-8CB7-64A649F9F39B 132368450v2 2 The motion for the adoption of the foregoing resolution was duly seconded by member Kimber and, after full discussion thereof and upon a vote being taken thereon, the following voted in favor thereof: Ryan McDonald Schubert von Oven Kimber and the following voted against the same: None Whereupon the resolution was declared duly passed and adopted. DocuSign Envelope ID: CFF7A60F-68FB-4CF7-8CB7-64A649F9F39B 132368450v2 3 STATE OF MINNESOTA COUNTIES OF CARVER AND HENNEPIN CITY OF CHANHASSEN I, the undersigned, being duly qualified and acting City Manager of the City of Chanhassen, Minnesota, DO HEREBY CERTIFY that I have compared the attached and foregoing extract of minutes with the original thereof on file in my office, and that the same is a full, true and complete transcript of the minutes of a meeting of the City Council, duly called and held on the date therein indicated, insofar as such minutes relate to the City Council calling a public hearing on the intention to issue general obligation capital improvement plan bonds and the proposal to adopt a capital improvement plan therefor. WITNESS my hand on April 22, 2024. _______________________________________ City Manager DocuSign Envelope ID: CFF7A60F-68FB-4CF7-8CB7-64A649F9F39B 132368450v2 EXHIBIT A CITY OF CHANHASSEN, MINNESOTA NOTICE OF PUBLIC HEARING ON INTENTION TO ISSUE GENERAL OBLIGATION CAPITAL IMPROVEMENT PLAN BONDS AND THE PROPOSAL TO ADOPT A CAPITAL IMPROVEMENT PLAN THEREFOR NOTICE IS HEREBY GIVEN, that the City Council of the City of Chanhassen, Minnesota (the "City"), will meet on May 20, 2024, at 7:00 p.m. at the Chanhassen City Hall, 7700 Market Blvd, Chanhassen, Minnesota, for the purpose of conducting a public hearing on (a) the intention to issue general obligation capital improvement plan bonds, in one or more series, in an amount not to exceed $34,250,000 and (b) the proposal to adopt a capital improvement plan therefor. The proceeds of the bonds will be used to finance the acquisition and betterment of a new city hall facility to be located in the City. If a petition requesting a vote on the issuance of the bonds is signed by voters equal to five percent of the votes cast in the City in the last municipal general election and is filed with the City within thirty days after the public hearing, the bonds may only be issued upon obtaining the approval of the majority of the voters voting on the question of issuing the bonds. All person interested may appear and be heard at the time and place set forth above, or may file written comments with the City Manager prior to the date of the hearing, which written comments will be considered at the hearing. BY ORDER OF THE CITY COUNCIL OF THE CITY OF CHANHASSEN, MINNESOTA /s/ Laurie Hokkanen, City Manager DocuSign Envelope ID: CFF7A60F-68FB-4CF7-8CB7-64A649F9F39B