94-8109r66
RESOLUTION NO. 8109
RESOLUTION RATIFYING ISSUANCE OF
$565,000 GENERAL OBLIGATION IMPROVEMENT
REFUNDING BONDS, SERIES 1994A
BE IT RESOLVED, by the City Council of the City of
Richfield, Minnesota (the "City"), as follows:
Section 1. Findings.
1.1. By Resolution No. 8079, adopted December 13, 1993, and
Resolution No. 8106, adopted January 24, 1994, the Council has
determined to issue $565,000 General Obligation Improvement
Refunding Bonds, Series 1994A (the "Bonds"), and has provided for
a public hearing to be held to consider public input with regard
to the issuance of the Bonds as required by the provisions of
Section 147(k) of the Internal Revenue Code of 1986, as amended.
1.2. The Council has this date conducted a public hearing
on such topic after due publication of notice thereof in the
official newspaper of the City and in a newspaper of general
circulation in the City.
Section 2. Determination.
2.1. After considering the input, if any, received at the
public hearing, the City hereby approves and ratifies its
determination to issue the Bonds.
Passed by the City Council of the City of Richfield,
Minnesota this 14th day of February, 1994.
Martin J. K rsch, Mayor
ATTEST:
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Thomas P. Ferber, City Clerk