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10/04/99 Special Meeting
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10/04/99 Special Meeting
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u~/ou/uu 13:3Z FA~ 6512233002 __SPRINGSTED INC. ~002/002 <br /> <br />Economic Development Authority of the City Of Ramsey, Minnesota <br />Lease Revenue Bonds <br /> Series 1999A <br /> (Fire Station Project) <br /> <br />Actio~n Needed Person(s) Responsible ' Date Needed <br />'Prepare reimbur.~;ement resolution and Bond Counsel October 1 <br />initiating resolution 'Cot EDA approval <br />EDA approval'~f" the reimbursement and October6or7 <br />initiating resolution.,: <br />EDA authorizes the preparation of the EDA, Bond Counsel October 7 <br />redevelopment plan, establishing project area <br />boundaries and identifying the fire station <br />pro jo_ct <br />Financial information needed for bond City staff October 11 <br />structuring and preparation of the Official <br />Statement is deliv~red to Springsted <br />Planning Commission approves the Planning Commission October 12 <br />redevelopment <br />Oity council calls for public hearing on the City Cou~cil 0ctob(~' 12 <br />redevelopment <br />Notice of public hearing is delivered to the City staff October 13. <br />Anoka Union <br />Noti~;e of h.~aring i'i; pub!ished Anoka Union October 15 <br />Obtain title insurar~ce and closi'ng on Purchase City staff, City Attorney October 15 <br />of land for the firr.4 station. Conveys property <br />to the EDA. <br />Recommendation's' for the bond sale are Springsted October 18 <br />delivered to the EDA <br />Resolution authorizing the 'bond "sale "is Bond counsel" Octobe'rl8 <br />_p_repared and delivered to the EDA <br />City Council hold~ public hearing and adopts City CounCil OCtober 26 <br />the redevelopment program, including the <br />project budget. <br />EDA adopts th('~' redevelopment plan and EDA October28 <br />budget and sets lerms and conditions for the <br />sale of bonds <br />Draft of Official Statement is prepared and Springsted, Bor~d Counsel, l~.ovember2 <br />reviewed City staff <br />Print O~cial 'Lgtatement and mail to Springsted November 9 <br />underwriters, apply to rating agencies <br />EDA awards the sale of bonds EDA November 23 <br />City Council enters i~nto an agreement with the City Council' November 23' <br />EDA to construct the fire station and lease it to <br />the City <br />Final Official Stal~;ment is prepared Springsted Decem'ber 3 <br />-Bond closing Springsted, Bond Counsel, December 21 <br /> EDA <br /> <br /> <br />
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