Laserfiche WebLink
i <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />CASE # <br /> <br /> AWARD BID FOR SALE OF $2,250,000 CITY OF RAMSEY, MINNESOTA <br />GENERAL OBLIGATION TAX INCREMENT REFUNDING BONDS, SERIES <br /> 1993A <br /> By: Jessie L. Hart, Finance Officer <br /> <br />Background: <br /> <br />At the regular Council meeting of September 14, 1993, a resolution was adopted providing for the <br />issuance and sale of $2,250,000 General Obligation Tax Increment Refunding Bonds, Series <br />1993A. <br /> <br />The City authorized Springsted, Inc. to negotiate this sale. Proposals for the bonds will be <br />received at the offices of Spfingsted, Inc. at 10:30 A.M. central time today, Tuesday, October 12, <br />1993. <br /> <br />Enclosed under separate cover is the official statement prepared and distributed for this bond issue. <br /> <br />A representative from Springsted, Inc. will be at the meeting to discuss the results of the bids and <br />to make an award recommendation. <br /> <br />Staff Recommendation: <br /> <br />Recommend that the Council approve the award recommendation as presented by a representative <br />from Springsted, Inc. <br /> <br />Committee Action: <br /> <br />Recommend that the City Council approve Resolution g93-10-XXX A Resolution Awarding the <br />Sale of $2,250,000 General Obligation Tax Increment Refunding Bonds, Series 1993A; Fixing <br />Their Form and Specifications; Directing Their Execution and Delivery; and Providing for Their <br />Payment. (this resolution will be provided by Spfingsted Inc.) <br /> <br />Reviewed by: <br /> <br />Finance Officer <br />City Administrator <br /> <br />CC: 10/12/93 <br /> <br />//3 <br /> <br /> <br />