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<br />. <br /> <br />, <br /> <br />, <br /> <br />. <br /> <br />o . <-.--7 - <br />~:/U. 7.p:-.q,fJ <br /> <br />RESOLUTION AMENDING PRELIMINARY <br />RESOLUTION AND AUTHORIZING EXECUTION <br />OF NEW UNDERWRITING AGREEMENT <br /> <br />WHEREAS, <br /> <br />(a) The City CouncIl of the City of Arden <br />HII Is adopted on March 31, 1975 a Preliminary Resolution <br />relatIng to the lssuance of approximately S3,000,000 In <br />Industrial Development Revenue Bonds to finance a Project <br />for Cardiac Pacemakers, Inc.; <br /> <br />(b) Miller & Schroeder MunicIpals, Inc, <br />has submitted a new Underwriting Agreement pursuant to whIch <br />SI,OOO,OOO In Industrial Revenue Bonds are proposed to be <br />issued under a Loan Agreement with the balance of the costs <br />of the Project financed from private sources. <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the City Councl I <br />of the City of Arden Hills, MInnesota, as follows: <br /> <br />I. Said Preliminary Resolution Is hereby amended <br />by deleting the ~S3,000,000~ set forth in paragraph I there~ <br />of and Inserting Instead ~SI,OOO,OOO,~ <br /> <br />2. The Mayor and City Clerk are hereby authorIzed <br />and directed to execute on behalf of the City said new Under- <br />writing Agreement, a copy of which is attached hereto as <br />Exhibit A, and to submIt a new application for approval of <br />the Project by the Commissioner of Economic Development <br />consistent with said new UnderwritIng Agreement. <br /> <br />Adopted by the City Councl I of the City of Arden <br />Hills, Minnesota this 16th day of June, 1975. <br /> <br />Attest: ~~h7b@il/k~ <br />CIty Clerk <br /> <br />