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r <br /> RESOLUTION CALLING FOR PUBLIC HEARING <br /> ON ORONO WOODS HOUSING PROGRAM AMENDMENT <br /> AND ISSUANCE OF SENIOR HOUSING REFUNDING 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 Housing Program <br /> Amendment relating to a proposed refinancing of the 62-unit multifamily housing facility for <br /> seniors (the "Project") known as Orono Woods. The Program Amendment describes a proposal <br /> to issue housing revenue bonds to refund the outstanding bonds for the Project under Minnesota <br /> Statutes, Chapter 462C. <br /> 412. This Council shall hold a public hearing on the Program Amendment and <br /> the issuance of revenue refunding bonds at its regular meeting on Monday, December 11, 2006 at <br /> 7:05 o'clock P.M. Notice of such hearing shall be given as required by law. <br /> Adopted by the City Council of the City of Orono, Minnesota at a regular meeting held on <br /> November 13, 2006. <br /> ATTEST: <br /> Linda S. Vee, City Clerk Barbara A. Peterson, Mayor <br /> • <br /> Page 1 of 1 <br />