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VAI rAIL D5JJ KA I <br />Attachment A <br />P <br />Re: Park Improvements and Fire Station <br />Mary L. Ippel <br />(651) 808-6620 <br />The City of Roseville is proposing to undertake park 'improvements consisting primarily <br />of the redevelopment of existing parks and the construction of a new fire station to replace an <br />aged fire station located adjacent to the city hall. <br />Under existing law there are a number of financing options for the park and fire hall <br />Iilrojects. For purposes of this letter I will separate by project the existing statutory authority for <br />financing these projects. <br />Park improvements. The statutory authority for financing park 'improvements arl-S <br />as follows* <br />(b) General Obligation Abatement Bonds. Minnesota Statutes, Chapter 465 <br />grants the City the authority to issue General Obligation Abatement Bonds. The City Council <br />must determine that the granting of an abatement is in the public interest because it Will provi& <br />or help acquire y'' public facilities or help provide access to services for residents of thts- <br />Briggs and Morgisne Professional Association <br />Minneapblis I St. Paul I wwwbrigg&com <br />Member - Lax Munch, a Global Association of Independent Low Firms <br />