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EDA2001-2.doc CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA DATE: July 9, 2001 RESOLUTION NO: 2001-2 MOTION BY: Bohn SECONDED BY: Ayotte A RESOLUTION AUTHORIZING THE PLEDGE AGREEMENT FOR G.O. TAX INCREMENT REFUNDING BONDS, SERIES 2001D BE IT RESOLVED, that the Economic Development Authority in and for the City of Chanhassen, does hereby authorize the Pledge Agreement, the execution of the Agreement and the filing of the Pledge Agreement in the amount of $2,720,000 G.O. Tax Increment Refunding Bonds, Series 2001 D, with the Carver County Auditor. BE IT FURTHER RESOLVED, that the Chairperson and Executive Director are hereby authorized and directed to execute all documents necessary. Passed and adopted this 9th day of July, 2001, by the Economic Development Authority in and for the City of Chanhassen. ATTEST: Chairperson Acting Executive Director