CCP 08-28-1995 - Laserfiche WebLink

Home Browse Search

----- --------- - , .- ARDEN HILLS CITY COUNCIL - AUGUST 14.1995 2 Mr. Fritsinger reiterated that the City is not obligated to pay any of the expenses for the issuance of - the Bond. The Bond is backed only by the revenue of the project, and the City would not be - responsible for any outstanding debts should a future default occur. Mr. Fritsinger noted, if the Council should adopt Resolution 95-56, it is anticipated that a resolution . for final approval will be placed on the August 28, 1995 Council meeting. Mayor Probst invited the public to comment, hearing no comment he closed the Public Hearing at - 7:35 p.m. MOTION: Hicks moved and Aplikowski seconded a motion to adopt Resolution 95-56, Giving I Preliminary Approval to the Issuance of Revenue Bonds. The motion carried unanimously (5-0). . Mayor Probst, noting item number four of the agenda has been published for 8:00 p.m., so the Council would move on the next item of the agenda and return to item four at 8:00 p.m. - APPROVAL OF COUNCIL MINUTES July 20, 1995 Work Session: No corrections -. July 31, 1995 . Corrections: Page 5, the vote for the first motion should be Motion carried. (2-1 with Mayor Probst - opposed). Page 7, paragraph proceeding the motion: strike" ...the reason why the loading bays had been - removed." and replace with" ...how services in loading would be handled with the removal - ofbavs previously shown. Page 9, paragraph one, and also in the last paragraph:"injector" should be "ejector" - Page 9, paragraph third from the bottom: "...60 foot width and without the tree" changed to "...60 foot width. with or without the tree." I Page 9, paragraph second from the bottom: strike the "it was clear" and replace with "that" and add after" ...negotiate a compromise at this meeting.." . .. I