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09/30/99 15:32 F.iZ 6512233002 SPRINGSTED INC. <br /> <br /> I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />Econon'~ic Development Authority of the City Of Ramsey, Minnesota <br />Lease Revenue Bonds <br /> Series 1999A <br /> (Fire Station Project) <br /> <br /> ... Action Needed " Person(s)'Responsible Date Needed <br />Prepare reimburi;-ement resolution and f~ond Counsel October 1 <br />initiating resoluti.o.n ~or FDA approval <br />EDA approval of the" reimbursern~'nt and October 6 o'r 7 <br />initiating <br />EDA authorizes the preparation of the ~'DA, Bond Counsel October 7 <br />redevelopment plaJ~, establishing project area <br />boundaries and identifTing the fire slat/on <br />project <br />Financial informs~t/on -needed. for bone City staff October 11 <br />structuring and preparation of the Official <br />Statement is delivered to Springs'ted <br />Planning Commission approves the F;la~nning Commission October 12 <br />redevelopment pi&n_ <br />City council calls for public hearing on the City Council October 12 <br />.redevelopment pla _n_ <br />Notice of public hearing' is delivered to the City staff October 13: <br />Anoka Un/on <br />Nc.t/ce of h_earing ir, published Anolca Union October 15' <br />Obtain title insurance and closing on purchase City staff, City Attorney October 15 <br />of land for the fir6 station. Conveys property <br />to the EDA. <br />Recommendation~i for tl~e bond sale are Springsted October 18' <br />delivered to the EDA <br />Resolution authcrizing the bond sale is Bond Counsel October 18 <br />prepared and delh,'ered to the EDA <br />City Council hold~; public hearing and adopts City Council October 26 <br />the redevelopment program, including the <br />project bud.get. <br />EDA adopts thr~ redeVelopr~e'~t plan ~nd EDA Oct-c~ber28 <br />budget and sets lerms and conditions for the <br />sale of bonds <br />Draft of Official ~tatement is prepared '~nd ,~pringsted, Bond Counsel, November2 <br />reviewed City staff <br />'"Pti'hr Official 'J~tateme~t and mail to Springsted No~;ember 9 <br />underwriters, apply to rating agencies <br />FDA awards the 6;a, le of bonds EDA 'November 23 <br />Ci~ Council enters into an agreem'ent with the City Council November 23 <br />FDA to construct the fire station and lease it to <br />~nal O~ficia~ Stal~;ment is prepared S~ringsted December 3 <br />Bond ciosing Springsted, Bond CounSel, December 21 <br />_ EDA <br /> <br /> <br />