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<br />, <br />II <br />, <br /> <br />Extract of Minutes of Meeting <br />of the City Council of the City <br />of New Brighton, Ramsey County, Minnesota <br /> <br />suant to due call and notice thereof a regular meeting of the City Council of the City of <br />New B hton, Ramsey County, MilU1esota, was held at the City Hall in the City on Tuesday, June <br />13,200 commencing at 6:30 P.M. <br /> <br />e following members of the Council were present: <br />Mayor eve Larson, Councilmember Sharon DoffIng, Councilmember Mary Burg, <br />Counci ember Gina Bauman. <br /> <br />and the llowing were absent: <br />Counci ember Ann Hoffman <br /> <br />>Ie** <br /> <br />*** <br /> <br />>Ie** <br /> <br />adopti <br /> <br /> <br />e following resolution was presented by Councilmember Mary Burg who moved its <br /> <br />RESOLUTION NO. 06-051 <br /> <br />RESOLUTION PROVIDING FOR THE ISSUANCE <br />AND SALE OF APPROXIMATELY $20,730,000 GENERAL OBLIGATION <br />TAX INCREMENT BONDS, SERIES 2006A <br /> <br />E IT RESOLVED By the City Council of the City of New Brighton, Ramsey County, <br />Minne ta (City) as follows: <br /> <br />It is hereby determined that: <br /> <br />(b) <br /> <br />the City has duly established Development District No, 1 (District) pursuant <br />to Minnesota Statutes, Sections 469.124 through 469.134 (the Act); <br /> <br />the City has duly established Tax Increment Financing District No. 31 <br />(NWQ Special Law) (TIF District) within the District and within the area <br />known as the "NW Quad", all pursuant to Minnesota Statutes, Section <br />469.174 to 469.179 (TIF Act) and Minnesota Laws 1998, Ch. 389, Article <br />11, Section 24 (Special Law); <br /> <br />(a) <br /> <br />I <br /> <br />I I <br />