Laserfiche WebLink
<br />RESOLUTION NO. 9 i:) h 1 <br /> <br />RESOLUTION CALLING FOR A PUBLIC HEARING ON AN <br />ISSUE OF REVENUE BONDS ON BEHALF OF CHILDREN'S <br />HEAL TH CARE <br /> <br />BE IT RESOLVED by the City Council of the City of Roseville, Minnesota (the <br />City), as follows: <br /> <br />1. Children's Health Care, a Minnesota nonprofit corporation doing business as <br />Children's Hospitals and Clinics (Children's), has advised this Council of its desire to finance the <br />acquisition and installation of items of equipment located in its làcilities located at 2910 Centre <br />Point Drive in the City. <br /> <br />2. Representatives of Children's have advised the City that Children's has <br />requested the City of Minneapolis (Minneapolis) to issue revenue bonds (the Revenue Bonds) <br />under the authority of Minnesota Statutes, Sections 469.152 through 469.165 to, among other <br />things, finance the Project. Children's has proposed that pursuant to the authority contained in <br />Minnesota Statutes, Section 469.155, subdivision 9, Minneapolis and Roseville enter into an <br />agreement whereby Minneapolis issues the Revenue Bonds to finance the Project on behalf of <br />the City. <br /> <br />3. Since the Project is located in the City, Section 147(f) of the Internal Revenue <br />Code of 1986, as amended and regulations promulgated thereunder, require that prior to the <br />issuance of the Revenue Bonds, this Council approve the issuance of the Revenue Bonds to <br />finance the Project, after conducting a public hearing thereon. A public hearing on the proposal <br />to issue the Revenue Bonds to finance the Project is hereby called and shall be held on <br />August 10, 1998, at 6:30 o'clock P.M., at the City Hall. <br /> <br />4. The City Clerk shall cause notice of the public hearing, in substantially the <br />form attached hereto as Exhibit A, to be published in a newspaper of general circulation in the <br />City, once not less than 14 days prior to the date fixed for the public hearing. <br /> <br />1998. <br /> <br />Adopted by the City Council of the City of Roseville on this 13th day of July, <br /> <br /> <br />Hanager <br /> <br />SEAL <br />