CC 11-27-1967 - Laserfiche WebLink

Home Browse Search

.- ----_.~------ ---- , . Extdict of ~;inutes of Mseting iof Village Cou~cil Village of Arden Mills ~~seycounty~ Minnesota ~ovember i7, 1961 purSUl!int to dUe call and nodde. hereof) a regular mee...ing of 'he Village council of the Village of Arden Hills, Minnesota" .. was Held at the Village Hall in said village on the 27th day of November, 1967, at 8:00 o'clock p. m. The fOllow~were present: ~ , ~. QQ.......-.<-- . and the following were absent:~ ~4?e<1.- ~ then introduced the following resolution and moved its adoption: RESOLU'UON RElATING TO FINANCING C1I' WATER IMPROVEMENTS BE IT RESOLVED by the Village Council of the Village of Arden Hills, Minnesota: 1. The Village Council, pursuant to statute, has ordered, after public hearing, Water Improvements No. 67~1 and 67-2 in the estimated amounts of $630,250 and $62,,200. Pursuant to resolutions dated September 25, 1967 and October 2, 1967, the Council has received and entered into contracts on certain phases of said improvements as follows: Improvement No. 67-1 $291,484.85 Improvement 1-10. 67-2 $ 57,894.50 In connection with said improvements the village has incurred other expenses and will incur additional expenses as well as enter into other construction contracts pursuant to advertisement for bids. .. 2. The Village of Arden Hills is preparing to request bids on General Improvement Bonds to be dated January 1, 1968 and to mature January 1, 1971 in accordance with Minnesota Statutes, Chapter 429, as amended. Pending advertisement and sale of said bonds and receipt of he proceedS thereof, it will be necessary for the Village to receive temporary financing to cover the costs of construction already performed as certified to by the village engineer, Banister Engineering Company.