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<br />~ <br /> <br />t <br /> <br />.' <br /> <br />Extract of Minutes of Meeting <br />of the City Council of the City <br />of New B righ ton, Ramsey County, Minnesota <br /> <br />Pursuant to due call and notice thereof a regular meeting of the City Council <br /> <br />of the City of New Brighton, Ramsey County, Minnesota, was held at the City Hall <br /> <br />in the City on Tuesday, August 25, 1992, commencing at 7:30 P.M. <br /> <br />The following members of the Council were present: Arlyn Gunderman, Steve <br />Larson, Dana Rebelein, Roger Williams <br /> <br />and the following were absent: Mayor Bob Benke arrived after this resolution <br />was considered. <br /> <br />*** <br /> <br />*** <br /> <br />*** <br /> <br />The following resolution was presented by Councilmember A. Gunderman who <br /> <br />moved its adoption: <br /> <br />RESOLUTION NO. 92-83 <br /> <br />RESOLUTION PROVIDING FOR THE ISSUANCE <br />AND SALE OF $5,060,000 GENERAL OBLIGATION <br />T AX INCREMENT REFUNDING BONDS, SERIES 1992D <br /> <br />BE IT RESOLVED By the City Council of the City of New Brighton, Ramsey <br />County, Minnesota (City) as follows: <br /> <br />1. It is hereby determined that: <br /> <br />(a) the City is authorized by the provisions of Minnesota Statutes, <br />Chapter 475 (Act) and Section 475.67, Subdivision 13 of the Act to issue and <br />sell its general obligation bonds to refund outstanding bonds when determined <br />by the City Council to be necessary and desirable; <br /> <br />SJ1l40504 <br />lfE1J6-97 <br />