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RESOLUTION GIVING HOST CITY APPROVAL TO THE <br />ISSUANCE OF HEALTH FACILITIES REVENUE OBLIGATIONS FOR A <br />PROJECT BY WINGSPAN LIFE RESOURCES LOCATED IN <br />THE CITY OF �IINNEAPOLIS, UNDER �IINNESOTA STATUTES, <br />SECTIONS 469152 THROUGH 4691651 AND <br />APPROVING A JOINT POWERS AGREE�IENT <br />BE IT RESOLVED, by the City Council (the "Council") of the City of Roseville, Ramsey <br />County, Minnesota (the "City") as follows: <br />Section 1. General Recitals. The purpose of Minnesota Statutes, Sections 469.152 through <br />469.165 1 as amended, (the "Act"), is, among other things, to promote the welfare of the State of <br />Minnesota (the "State") by providing necessary health care facilities. <br />Section 2. Description of the Project. <br />(a) Wingspan Life Resources, a Minnesota nonprofit corporation and organization described <br />in Section 501(c)(3) of the Internal Revenue Code of 1986, as amended (the "Corporation') has <br />proposed the issuance of revenue obligations under the Act, in one ar more series, in an amount not to <br />exceed $1,400,000 (the "Obligations") to finance the costs of a project (the "Project") consisting of the <br />refinancing or acquisition and renovation by the Corporation of 4-bed supervised living services health <br />care facilities for developmentally disabled persons and an office building as more particularly described <br />below, a portion of which is located in the City, as described under the heading Roseville Portion below: <br />1938032-1 2 <br />