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Last modified
10/29/2010 12:42:40 PM
Creation date
10/29/2010 12:40:53 PM
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Roseville City Council
Document Type
Council Resolutions
Meeting Date
10/18/2010
Resolution #
10851
Resolution Title
RESOLUTION CALLING FOR A PUBLIC HEARING REGARDING AN ISSUE OF REVENUE BONDS TO BE ISSUED BY THE CITY OF BLOOMINGTON ON BEHALF OF PRESBYTERIAN HOMES
Resolution Summary
Revenue Bonds by City of Bloomington on behalf of Presbyterian Homes
Resolution Date Passed
10/18/2010
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Following the public hearing, the City will consider a resolution providing consent to the City of Bloomington to issue <br /> the proposed Bonds in an original aggregate principal amount not to exceed $19,000,000, a portion of which will <br /> refinance the facilities described above located in the City. <br /> The Bonds will be special, limited obligations of the City of Bloomington, and the Bonds and interest thereon <br /> will be payable solely from the revenues and assets pledged to the payment thereof. No holder of the Bonds will ever <br /> have the right to compel any exercise of the taxing powers of the City of Bloomington or the City of Roseville to pay <br /> the Bonds or the interest thereon, nor to enforce payment against any property of the City of Bloomington or the City <br /> of Roseville. <br /> Anyone desiring to be heard during this public hearing will be afforded an opportunity to do so. <br /> Dated: [Date of Publication]. <br /> CITY OF ROSEVILLE, MINNESOTA <br />
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