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HomeMy WebLinkAboutResolution 345Designation 1969LS-2 and 1969LW-2 (Resolution #345, continued) Date Ordered March 23, 1970 Estimated Cost 1969LS-1 December 22,'1969 $348,040..0,0 And that it is necessary and expedient for the Village to offer and sell at this time its general obligation Improvement Bonds in the principal amount of $355,000.00, for the purpose of paying the cost of said improvements., $6,969.00 of said bonds representing interest as authorized by Minnesota Statutes, Section 475.56. 2. This Council shall meet in the Village Hall in said Village on the 8th day of July, 1970, at 8:00 P.M., for the purpose of receiving and considering sealed bids for the purchase of said bonds, and awarding the sale thereof. The Village Clerk shall cause notice of sale of said bonds to be published not less than 10 days before the date specified for receipt of bids in the Mound=Westonka Sun and.the Commercial West. The motion for the adoption of the foregoing resolution was duly seconded by;.,;Councilman McCarthy, and upon vote being- taken thereon, the following voted in favor thereof: Mayor Oberhauser, Councilmen Butterfield, Franzel, McCarthy, and Searles; and the following voted against the same: None, whereupon said resolution was declared duly passed and adopted. The Clerk presented proposed forms of -notice of sale of the fore- going bonds, which were examined,"approved and ordered placed on file by the Village Clerk. Adopted by the Village Council of the Village of Orono, Minnesota at a regular meeting held June 8, 1970.;---.7 N Louis B. Oberhauser, Mayor Attest: Ralph artin, Clerk -Administrator RESOLUTION #346 A RESOLUTION AUTHORIZING ISSUANCE AND FIXING DATE AND OTHER DETAILS OF PUBLIC SALE OF $945,000 IMPROVEMENT BONDS AND ALTERNATE OPTION OF TEMPORARY IMPROVEMENT BONDS 1970LS-1 FOREST LAKE -SAGA HILLS SEWERS' Mayor Oberhauser introduced the following resolution and moved its adoption: A