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EXTRACT OF MINUTES OF MEETING OF THE CITY COUNCIL OF THE CITY OF ROSEVILLE * * * * * * * * * * * * * * * * * Pursuant to due call and notice thereof, a regular meeting of the City Council of the City of Roseville, County of Ramsey, Minnesota was duly held on the 15th day of September, 2003, at 6:00 p.m. The following members were present: Schroeder, Klausing, Kough and Kysylyczyn, and the following were absent: Maschka. Member Kough introduced the following resolution and moved its adoption: RESOLUTION NO. 10139 RESOLUTION GNING HOST APPROVAL TO THE ISSUANCE OF HEALTH CARE FACILITIES REVENUE BONDS, SERIES 2003 (GROUP HEALTH PLAN, INC. PROJECT) WHEREAS, Group Health Plan, Inc., a Minnesota nonprofit corporation ("Group Health"), currently operates facilities located at 2831 Snelling Avenue in the City of Roseville (the "Local Facilities"). WHEREAS, Group Health has proposed that the Housing and Redevelopment Authority of the City of Saint Paul, Minnesota and the City of Minneapolis, Minnesota, jointly issue Health Care Facility Revenue Bonds in the approximate principal amount of $85,000,000 (the "Bonds") to finance or refinance various capital expenditures made by Group Health in approximately 9 cities located throughout the State of Minnesota, including the Local Facilities. WHEREAS, Section 147(f) ofthe Internal Revenue Code of 1986, as amended, requires that each municipality in which facilities to be financed or refinanced by the Bonds are located must approve the issuance of the Bonds following a public hearing. WHEREAS, a public hearing on the issuance of the Bonds to finance or refinance capital costs incurred at the Local Facilities was held by the City on this date. WHEREAS, the Bonds are payable solely from revenues of Group Health, will not be a general or moral obligation of the City of Roseville, the Housing and Redevelopment Authority of the City of Saint Paul, the City of Minneapolis or any other political subdivision but will be payable solely from revenues of Group Health to the extent and in the manner provided in the documents executed in connection with the issuance of the Bonds. NOW, THEREFORE, BE IT RESOLVED by the City Council ofthe City of Roseville that the City hereby gives the host approval required under the Internal Revenue Code to the issuance of the Bonds. The motion for the adoption of the foregoing resolution was made by Kough, seconded by Schroeder, and upon vote being duly taken thereon, the following voted in favor thereof: Schroeder, Klausing, Kough and Kysylyczyn and the following voted against the same: none.