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R�C�I��ST FC�R Ca�D�iCI�. ��T��f AGENpA SECTION : Reports and Recommendations M NO.. l7EM DESCRfPTIQN' ,i,.:... �� `� Election and City Hall, IIonds ,�, NATI[VG DEPT./DIV.: Administration oATE:Sept. 16, I97•. DEPT.HEAp QPpROVAL, /ftECOMMENDS: For the past several weeks Ellerhe Architects have been developing a prelirnina.xY plan. £or a new City hall. The Cauncil, staff, and employees have been rev�ewing �hese pians throughou� the entire prelimanary �lan pxocess. I� is now believed tha� the architect has developed an acceptable plan which can be stzbmitted �o the voters for their consideration. The CounciZ has pze�zously discussed that the total cost of the new Czty Hall lvould nat exceed $�,IQ0,000. It was firrther discuss�d that the amount of the bond issue submitted to �he voters would. no� exceed �850,000. The remaining $25�,aoo would be provid.ed from the f edexal general revenue sharing funds {$�25,000) and Public Works Resexve {$125,000). The architect wi13� review the preliminary plan for tlte new City hall. The $ond Attarney has prepared the necessary reso�utions setti.ng an election on $850,000 in capital improvement bonds to be held on November 5, ].974. The fo�.lowing ques�ion shall be submztted to the vo�ers: "Shall the Ci�y of Roseville, Nlinneso�a, issue i'�s negotia�le coupon genexai obligation capital impravement bonds in an aggregate principai amount not to exceed $850,000 to prova.de funds fox the acquisition and be�texment of a new City Hall?" Action Requested: Motion approvzng a resolutzon calling far an election on $85Q,000 on Capital Improvement $onds to be held Novemhex 5, 1974.