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2010-055
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2010-055
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10/29/2010 8:19:06 AM
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10/29/2010 8:18:38 AM
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Resolution
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Resolution
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Following the public hearing, the City will consider a resolution providing consent to the City of <br />Bloomington to issue the proposed Bonds in an original aggregate principal amount not to exceed <br />$19,000,000, a portion of which will refinance the facilities described above located in the City. <br />The Bonds will be special, limited obligations of the City of Bloomington, and the Bonds and <br />interest thereon will be payable solely from the revenues and assets pledged to the payment thereof. No <br />holder of the Bonds will ever have the right to compel any exercise of the taxing powers of the City of <br />Bloomington or the City of Arden Hills to pay the Bonds or the interest thereon, nor to enforce payment <br />against any property of the City of Bloomington or the City of Arden Hills. <br />BL 13 0 -142 (JAE) <br />376551v2 <br />Anyone desiring to be heard during this public hearing will be afforded an opportunity to do so. <br />Dated: [Date of Publication]. <br />CITY OF ARDEN HILLS, MINNESOTA <br />
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