2002-15CITY OF CHANHASSEN
CARVER AND HENNEPIN COUNTIES, MINNESOTA
DATE: January 28, 2002 RESOLUTION NO: 2002-15
MOTION BY: Bovle SECONDED BY: Peterson
A RESOLUTION PROVIDING FOR THE SALE OF $6,095,000 GENERAL OBLIGATION
LIBRARY BONDS, SERIES 2002A
WHEREAS, the City Council of the City of Chanhassen, Minnesota has heretofore
determined that it is necessary and expedient to issue the City's $6,095,000 General Obligation
Library Bonds, Series 2002A (the "Bonds"), to finance the construction and equipping of a library
in the City; and
WHEREAS, the City has retained Ehlers & Associates, Inc., in Roseville, Minnesota
("Ehlers"), as its independent financial advisor for the Bonds and is therefore authorized to solicit
proposals in accordance with Minnesota Statutes, Section 475.60, Subdivision 2(9).
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Chanhassen, Minnesota as follows:
1. Authorization, Findings: The City Council hereby authorizes Ehlers to solicit proposals for
0 the sale of the Bonds.
2. Meeting: Proposal Opening: The City Council shall meet at the time and place specified in
the Terms of Proposal for the purpose of considering sealed proposals for, and awarding the
sale of the Bonds. The City Manager, or designee, shall open proposals at the time and
place specified in such Terms of Proposal.
Terms of Proposal: The terms and conditions of the Bonds and the sale thereof are fully set
forth in the Bond Sale Report and are hereby approved and made a part hereof.
4. Official Statement: In connection with said sale, the officers or employees of the City are
hereby authorized to cooperate with Ehlers and participate in the preparation of an official
statement for the Bonds and to execute and deliver it on behalf of the City upon its
completion.
Passed and adopted by the Chanhassen City Council this 28`x' day of January 2002.
18 FoddGerhardt,
City Manager Linda C. Jansen, Mayor
YES NO ABSENT
• Jansen None Labatt
(SEAL)
•
11
Ayotte
Peterson
Boyle