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<br />NORTHLAND.SEe U RI TIES <br /> <br />45 South 1h Street <br />Suite 2500 <br />Minneapolis. MN 55402 <br /> <br />(800) 851-2920 <br />(612) 851-5906 <br />Fax (612) 851-5917 <br /> <br />DATE: June 18,2009 <br /> <br />TO: Honorable Mary Capra, Mayor & Members of the City Council <br />Mr. Dallas Larson, Administrator <br />City of Centerville <br /> <br />FROM: George Eilertson, Sr. Vice President <br />Northland Securities <br /> <br />q~ <br /> <br />RE: June 24, 2009 Council Meeting Agenda Items: <br /> <br />1. Finance Plan Summary <br />2. Resolution setting a Bond Sale <br />3. Financial Advisor Agreement with Northland Securities <br /> <br />Thank you for the opportunity to work with the City on this bond issue. Following are the items <br />that I will present at the June 24th City Council meeting: <br /> <br />. I. Presentation of Finance Plan Summary - This document outlines the bond recommendations <br />and bond structure for the upcoming bond sale. Note, we are recommending that tax-exem;t <br />and taxable financing bids be received and considered for Council approval at the July 22" <br />meeting. <br />2. Resolution calling for the Issuance and Sale 0[$3.715.000 General Obligation Improvement <br />Bonds. Series 2009A. Financing Bids would be received at 10:30 A.M. at Northland <br />Securities' offices and then presented to the City Council later that evening for approval. <br />3. Financial Advisor Al!feement with Northland Securities - the agreement states Northland's <br />pre-sale and post-sale duties as well as our compensation. <br /> <br />Thank you. <br /> <br />31 <br />