Laserfiche WebLink
�— <br /> /� O� � <br /> • O O <br /> ��e. - CITY of ORONO <br /> � ti � : � <br /> '� RESOLUTION OF THE CITY COUNCIL <br /> ��`qI�E p4��'� . NO. � L� �� <br /> sx <br /> A RESOLUTION DECLARING REIMBURSEMENT <br /> INTENT FOR SEWER PROJECTS <br /> BE IT RESOLVED by the City Council of City of Orono,Minnesota as follows: <br /> The City is in the process of implementing three sanitary sewer improvement proj ects <br /> under Minnesota Statutes,Chapter 429,referred to as Webber Hills,East Long Lake and Fox Ridge <br /> (tlie "Projects")which will require financing. " <br /> The City reasonably expects to issue bonds in the maximum amount of$1,100,000 <br /> to fmance the Projects and to reimburse any expenditures for the Projects with the proceeds of the <br /> bonds. � . <br /> This resolution is adopted for the purpose of complying with the requirements of <br /> Treasury Regulation 1.150-2 to pernut the reimbursement of expenditures for the Projects with the <br /> • proceeds of tax exempt bonds. <br /> Adopted by the City Council of the City of Orono,Minnesota at a regulaz meeting <br /> held this 8th day of May, 2000. <br /> Gabri Jabbour,Mayor <br /> ATTEST: , <br /> ' � <br /> . i da S. Vee, City Clerk <br /> s . <br /> • Page 1 of 1 <br />