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Last modified
7/17/2007 8:39:14 AM
Creation date
12/2/2004 9:31:02 AM
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Roseville City Council
Document Type
Council Resolutions
Resolution #
9573
Resolution Title
Approving the issuance of bonds by the City of Minneapolis to finance a project on behalf of Children=s Health Care under the Minnesota Statutes, Section 469.152 to 469.165 (8/10/98).
Resolution Date Passed
8/10/1998
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<br />the Act by adopting, approving and executing such resolutions, documents, and agreements as <br />shall be necessary or convenient to authorize, issue and sell the Revenue Bonds and such other <br />resolutions, documents and agreements as shall be necessary or required in connection with the <br />issuance of the Revenue Bonds and giving effect to or carrying out the provisions of this <br />Agreement and documents under which the Revenue Bonds are issued and/or secured. <br /> <br />3. Nature of Revenue Bonds. The Revenue Bonds shall be special, limited <br />obligations of Minneapolis, payable solely from proceeds, revenues and other amounts pledged <br />thereto and more fully described in the Indenture. The Revenue Bonds and the interest thereon <br />shall neither constitute nor give rise to a pecuniary liability, general or moral obligation or a <br />pledge of the full faith or loan of credit of Minneapolis or Roseville, within the meaning of any <br />charter, Constitutional or statutory provisions. <br /> <br />IN WITNESS WHEREOF, each of the Cities has caused this Agreement to be <br />executed on its behalf by its duly authorized officers, all as of the day and year first above <br />written. <br /> <br /> <br />By <br />Its Mayor <br /> <br />And~ <br />Its City Manager <br /> <br />-2- <br />
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