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�O� <br /> O 0 <br /> CITY of ORONO <br /> � � <br /> ti <br /> ti <br /> RESOLUTION OF THE CIT,� COOUNCIL <br /> �t`9k'E31��g'�G NO. 5 7 <br /> A RESOLUTION CALLING FOR PUBLIC HEARING <br /> ON STREET RECONSTRUCTION PLAN <br /> AND ISSUANCE OF BONDS <br /> BE IT RESOLVED by the City Council of the City of Orono: <br /> 1. There has been presented to this Council a draft of a Capital Improvement <br /> Plan prepared in accordance with Minnesota Statutes, Section 475.58, Subd. 3b. If the Plan is <br /> adopted, this Council intends to issue up to $5,000,000 general obligation bonds under the Plan <br /> to finance the reconstruction activities described in the Plan. <br /> 2. This Council shall hold a public hearing on the Street Reconstruction Plan <br /> and the issuance of bonds thereunder at its regular meeting on Monday, January 14, 2008 at 7:05 <br /> o'clock P.M. Notice of such hearing shall be published at least 10 but not more than 28 days <br /> prior to the hearing. <br /> Adopted by the City Council of the City of Orono, Minnesota, at a regular <br /> meeting held December 10, 2007. <br /> ATTEST: <br /> , /, <br /> �/ fi��'-�� ,�I. `� /��� �� <br /> Linda S. Vee, City Clerk mes M. White, Mayor <br /> call for hearing street reconstruction 12-3-07.doc <br />