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Pg <br />Request for Council Action <br />Prepared By: Sue Iverson, <br />Finance Director/Treasurer <br />Council Meeting Date: October 25, 2010 <br />Call for a Public Hearing for Host Approval for $19,000,000 City of Bloomington Senior <br />Housing Refunding Revenue Bonds (Gideon Pond Commons, LLC Project), Series 2010 <br />(Resolution 2010-055) <br />Budgeted Amount: <br />N/A <br />Actual Amount: <br />N/A <br />Funding Source: <br />N/A <br />Recommendation: <br />1. Motion to adopt Resolution 2010-055, calling for a Public Hearing on November 29, <br />2010 regarding an issue of Revenue Bonds to be issued by the City of Bloomington <br />on behalf of one or more affiliates of Presbyterian Homes Bloomington Care Center, <br />Inc. <br />Supporting Documents: <br />1. See the attached memo from Sue Iverson dated October 25, 2010. <br />2. Letter from Julie Eddington, City Bond Counsel Kennedy Graven. <br />3. Resolution 2010-055. <br />