HomeMy WebLinkAboutResolution 346(Resolution #346, continued)
BE 'IT RESOLVED by the Village Council of the Village of Orono% Minnesota,
as follows:
1. It is hereby found and determined that this Council did on the dates
set forth below order various local improvements under Minnesota Statutes-,
Ciiapter 429, and the designation of said improvements and the estimated
costs of constructing them are as follows:
Designation,
1970LS-1
Date Ordered
April 130 1970
Estimated Cost
$926,475
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 $945,000, for the purpose of paying the cost of said improvements.
$18,5,25 of said bonds representing interest'as authorized by Minnesota
Statutes 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 Butterfield, and upon vote being taken thbreon, 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 foregoing
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.
Louis B. 0 er auser, Mayor
Attest:
Ralph artn, Clerk -A inistrator
z 1t. ir-RESOLUTION #347
A RESOLUTION ORDERING STREET IMPROVEMENT 1970 -MSA -SR -11
WILLOW DRIVE, AND AWARDING BIDS THEREON
WHEREAS, pursuant to an advertisement for bids of the impT:svement of
Willow Drive from the intersection of Watertown Road to the Burlington -
Northern Railroad tracks, bids were received, opened and -tabulated