2006-35
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,
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CITY OF CHANHASSEN
CARVER AND HENNEPIN COUNTIES, MINNESOTA
DA TE:
Mav 8" 2006
RESOLUTION NO:
2006-35
MOTION BY:
Peterson
SECONDED BY: Lundquist
RESOLUTION PROVIDING FOR THE SALE OF
$6,640,000 GENERAL OBLIGATION IMPROVEMENT BONDS, SERIES 2006A
WHEREAS, the City Council of the City of Chanhassen, Minnesota, has heretofore
determined that it is necessary and expedie t to issue the City's $6,640,000 General Obligation
Improvement Bonds, Series 2006A (the" onds"), to finance water, sewer and roadway
improvements; and;
WHEREAS, the City has retained hlers & Associates, Inc., in Roseville, Minnesota
("Ehlers"), as its independent financial ad . sor for the Bonds and is therefore authorized to solicit
proposals in accordance with Minnesota S atutes, Section 475.60, Subdivision 2(9);
NOW, THEREFORE, BE IT RESO VED by the City Council of Chanhassen, Minnesota,
as follows:
1. Authorization; Findings. The City Council hereby authorizes Ehlers to solicit proposals
for the sale of the Bonds.
2. Meeting; Proposal Opening. The ity Council shall meet at City Hall on May 22, 2006,
for the purpose of considering seal d proposals for and awarding the sale of the Bonds.
3. Official Statement. In connection ith said sale, the officers or employees of the City are
hereby authorized to cooperate wit Ehlers and participate in the preparation of an official
statement for the Bonds and to exe ute and deliver it on behalf of the City upon its
completion.
Passed and adopted by the Chanhas en City Council this 8th day of May, 2006.
-LJ,
YES
Furlong
Labatt
Lundquist
Peterson
Thomas A. Furlong, Mayor
NO
None