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2002_0805_packet
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2002_0805_packet
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City Council Minutes - 07/29/02 <br /> Page 16 <br /> Councilmember Kough was encouraged to continue <br /> working with staff and residents in pursuing this project, <br /> particularly any interested community volunteers. <br /> Mayor Kysylyczyn recognized Mr. Dick Lambert, who <br /> suggested that the City obtain a statistically valid survey <br /> of the community, listing estimated costs for specific <br /> components of a community center project and their <br /> related specific tax ramifications. <br /> Mayor Kysylyczyn thanked Mr. Lambert for his <br /> comments. <br /> Mayor Kysylyczyn suggested that staff may wish to <br /> determine volunteer interest in marketing the upcoming <br /> Public Safety building referendum, as a trial run. <br /> No action was taken. <br /> B. Consideration of Issuing Tax-Exempt Bonds for Northwestern College <br /> Northwestern College Consideration of <br /> Tax Exempt <br /> Finance Director Miller introduced the request of Bond Issue <br /> Northwestern College for the issuance of tax-exempt <br /> bonds by the City, as per State Statute provisions, for the <br /> purposes of funding student housing and the classroom <br /> portion of a new media center on the Northwestern <br /> College Campus located in Roseville and Arden Hills. <br /> Mr. Miller advised that the unique characteristic of this <br /> request is the reluctance of the City's Bond Counsel, <br /> Briggs and Morgan, to issue an unqualified opinion as to <br /> the legality of the City issuing tax-exempt financing for <br /> Northwestern College. <br /> Mr. Miller stated that the concern was the Bond <br /> Counsel's interpretation of whether Northwestern would <br /> be considered "pervasively sectarian" by a court if there <br /> were a legal challenge. Mr. Miller advised that <br /> Northwestern College had sought an opinion from <br />
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