Laserfiche WebLink
� <br />�4 U�EN�HILLS <br />Request for Council Action <br />Prepared By: Sue Iverson, Director of Finance <br />and Administrative Services Council Meaiing Date: August 29, 2011 <br />Presbyterian Homes Conduit Debt <br />Budgeted Amount: Actual Amount: Funding Source: <br />NA NA NA <br />Reco�mendation: <br />1. A motion to adopt Resolution 2011-042, a resolutian authorizing the issuance and sale af <br />Senior Housing Revenue Notes (Presbyterian Homes of Arden Hills, Inc. Project), Series <br />2011A and Series 2012A, in the original aggregate principal amoutrt not to exceed <br />$20,000,000; approving the forn� of and authorizing the execuiion and delivery oi the <br />notes, Ioan agreements and certain related documents; and providing for the security <br />rights, and re�edies with respect to the notes. <br />Supportin� Documents; <br />1. Memorand�m dated August 29, 2011 from Sue Iverson. <br />2. Memorandum dated August 24, 2011 frozn. 7ohn Uiley, Kennedy & Grav�n. <br />3. Resoiution 2011-042. <br />