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.. --....' I~ RESOLUTION NO. 90- 077 ;1 STATE OF MINNESOTA COUNTY OF RAMSEY CITY OF NEW BRIGHTON RESOLUTION DETERMINING THE NECESSITY FOR THE ISSUANCE OF GENERAL OBLIGATION BONDS AND CALLING FOR A SPECIAL ELECTION NOW, THEREFORE, BE IT RESOLVED, the City Council of the City of New Brighton to hereby adopt the following: 1. The City Council hereby finds and determines: a. That it is in the best interest of the health, welfare, and safety of I the City and its residents that the City acquire, construct, furnish and equip a municipal complex consisting of a community center including a senior citizen activity area, teen lounge, leisure pool, recreational facilities, and meeting/craftrooms; and b. That the City is authorized by the provisions of Minnesota Statutes, Chapter 475 to issue its obligations to finance the complex in whole or in part and to pledge its full faith, credit and taxing powers to the payment of such obligations; and c. That it is necessary and expedient to the sound financial management of the affairs of the City that the complex be financed in . whole or in part by the issuance and sale of the City's general obligation bonds pursuant to Minnesota Statutes in an amount not to exceed $5,500.000 i and d. That the City Council has approved the use of optical scan electronic voting machines by the affirmative vote of two- thirds of the members and has complied with the 60-day notice and six week demonstration requirements of Minnesota Statutes, Section 206.58, Subdivision 1; and " e. That in 1987 the County Auditor adopted a plan for use of the optical scan electronic voting machines which has been approved by the Secretary of State, and has certified to the Secretary of State that an optical scan electronic voting system will be used in the City and the date of commencement of the use thereof. 2. The propositions for the issuance of the bonds will be submitted to the voters of the City at a special election to be held on Tuesday, November 6, 1990. The election will be held and conducted in accordance with the laws of the State of Minnesota relating to special municipal elections. 3. A notice of election in substantially the form attached hereto as Exhibit A or sample hallot in substantially the form attached hereto as Exhibit C, or both as the case may be, must be posted or published by the City Clerk-Finance Director as follows: a. Written notice must be given to the County Auditor at least 30 days prior to the election; and