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It II tI . . , . . . . . . II. . . ~ :.,. . -' Extract of Minutes of Meeting of the City Council of the City of New Brighton Ramsey County, Minnesota - Pursuant to due call and notice thereof, a regular meeting of the City Council of the City of New Brighton, Minnesota, was duly held at the City Hall in said City on Tuesday, the 12th day of April, 1983 at 7:30 o'clock P.M. The following members were present: Greg Harcus, Robert Benke, Roger Blomquist, Jeanette Janecek, Steve Schmidt and the following were absent: none * * * * * * * * * Councilman Roger Blomquist introduced the following written resolution and moved its adoption: RESOLUTION NO.. 83-41 RESOLUTION TO ISSUE AND SELL $2,050,000 GENERAL OBLIGATION REFUNDING IMPROVEMENT BONDS OF 1983 BE IT RESOLVED by the City Council of the City of New Brighton, Minnesota, as follows: 1. The City Council deems it necessary and expedient to issue and sell approximately $2,050,000 General Obligation Refunding Improvement Bonds of 1983 pursuant to Section 475.67, Minnesota Statutes, for the purpose of refunding in advance of maturity the City's outstanding $1,990,000 General Obligation Improvement Bonds of 1982, and also to provide additional interest in the amount of $40,000 in the form of obligations as authorized by Section 475.56, Minnesota Statutes. 2. The City Council will meet at City Hall on Wednesday, the 27th day of April, 1983, at 5:00 P.M., Central Time, for the purpose of considering sealed bids for the purchase of said General Obligation Fefunding Improvement Bonds of 1983 which are received by the City Clerk prior to 11:00'a.m. on that day. -1-