The URL can be used to link to this page

Home My WebLink About6. Adopt Airport Position PaperEXECUTIVE SUMMARY FOR ACTION CITY COUNCIL MEETING DATE: October 22, 1991 AGENDA ITEM: 1991 Bond Issue - Authorizing AGENDA SECTION: Issuance and sale for Equipment Certificates New Business PREPARED BY: Jeff May, Finance Director AGENDA NO. ATTACHMENTS: See Agenda Item No. 4 AP VED Y• jL This item is on the agenda for your consideration in authorizing the issuance and setting the sale of bonds for Equipment Certificates of Indebtedness. Bids will be opened Tuesday, November 19, 1991, at 12:00 P.M., Central Time, at the offices of Springsted Incorporated. The bids will be tabulated there, and then consideration for award of the Bonds will be by theCityCouncil at 7:30 P.M., Central Time, of the same day. Settlement of the Bonds will occur within 40 days following the date of the award. RECOMMENDED ACTION: Motion to adopt a RESOLUTION AUTHORIZING THE NEGOTIATION OF $210,000 GENERAL OBLIGATION EQUIPMENT CERTIFICATES OF INDEBTEDNESS, SERIES 1991C. COUNCIL ACTION: CITY OF ROSEMOUNT DAKOTA COUNTY, MINNESOTA RESOLUTION 1991 - A RESOLUTION AUTHORIZING THE NEGOTIATION OF $265,000 GENERAL OBLIGATION IMPROVEMENT BONDS, SERIES 1991B WHEREAS, The City Council of the City of Rosemount, Minnesota, has heretofore determined that it is necessary and expedient to issue its $265,000 General Obligation Improvement Bonds, Series 1991B (the "Bonds") to finance the construction of a street and utility project within the City; and WHEREAS, pursuant to the provisions of Minnesota Statutes, Section 475.60, Subdivision 2, the City Council has the authority to negotiate the private sale of the Bonds without complying with public sale requirements. NOW, THEREFORE, BE IT RESOLVED by the City Council.of the City of Rosemount, Minnesota, as follows: 1. The City Council does hereby authorize Springsted Incorporated in St. Paul, Minnesota, to act as its agent to solicit offers for the private sale of the Bonds, provided that no offer shall be deemed accepted until the City Council adopts a resolution accepting the offer for the Bonds. 2. In connection with said solicitation, the officers of the City are hereby authorized to cooperate with Springsted Incorporated in the preparation of an official statement or other offering materials for the Bonds. ADOPTED, this 22nd day of October, 1991. Vernon J. Napper, Mayor ATTEST: Susan M. Walsh, City Clerk Motion by: Second by: Voted for• Voted against• eity o(Rosemount PHONE (612) 423-4411 2875 - 145th Street West, Rosemount, Minnesota MAYOR FAX (612) 423-5203 Mailing Address: Vernon Napper P. O. Box 510, Rosemount, Minnesota 55068-0510 COUNCIIMEMBERS Sheila Klassen John Oxborough Harry Willcox Dennis Wippermann TO: Mayor Napper ADMINISTRATOR Council Members Klassen, Oxboroug Wil ox, WippermanrranJilk FROM: Stephan Jilk, City Administrato DATE: October 18, 1991 RE: Airport Position Statement — October 30th Meeting I have been unable to draft the position statement for the October 30th hearing because of other pressing matters. I plan on having the draft to you Monday evening, delivered to. you for your review. There are issues relating to this and Dakota County which I want to clarify before Tuesday's discussion also. Thank you for your patience. (Sveryihtngs (Poming (Up gosemountY ti �OOw .ecr��re prtir. Citv of Rosemount �t Farmington Independent DAKOTA COUNTY, MINNESOTA NOTICE OF HEARING ON AFFIDAVIT OF PUBLICATION • ASSESSMENTS FOR SIIANNON PARKWAY, STREET r AND UTILITY , IMPROVEMENTS OF 1989, - - Diane Berge, being duly sworn, on oath says that she is an authoriz- CITY, PROJECT NO. 194 ed agent and employee of the publisher of the newspaper, known as .• The Farmington Independent, and has full knowledge of the facts which TO WHOM IT MAY CONCERN -: are stated below: TIME AND PLACE GENERAL NATURE (A) The newspaper has complied with all of the requirements con- OF IMPROVEMENTS: stituting qualification as a legal newspaper, as provided by Minnesota Notice is hereby given that the City Council Statutes 331A.02, 331A.07 and other applicable laws, as amended. of the City of Rosemount, Minnesota, will (B) The printed A 0=b OL meet in the City Hall in the City. of Rosemount, 28'75 145th Street West, Rosemount, Minnesota,"on the 22nd day of October, 1991 at 7:00 p.m., or as''soon. which is attached, was cut from the columns of said newspaper, and I thereafter as possible, to consider objections was printed and published once each week for to the proposed assessments for street, successive weeks; it was first ublished on Thursday, the Y_ day watermato, rani y �wfr,•a}p�tt Anew t, curlit$gtl tter,•t rist itghtsln,#ttiialnl` of r1CJLt I�-� l9 and was thereafter printed and i walkw _ harm arkway Site et end: pubii§ped on every Thursday, to and including Thursday, the utiliiy mpro ements o 9$9; CtTy irrolect No. —! f? day of (X"tZ%Q^2 , 19 CA and printed below is a 194, heretofore ordered by the City copy of the lower case alphabet from A to Z, both inclusive, which is ;Council. hereby acknowledged as being the size and kind of type used in the ASSESSMENT ROLL OPEN TO composition and publication of the notice: INSPECTION, The proposed assessment roll is on file with -Clark the City and,Jopen to public 1n5peCtlOn. - , ahcdefghijktmnopgrstu—xye AREA PROPOSED TO BE ASSESSED: �� By: _ !i!�M- — The area proposed to be assessed consists of Title: Administrator for the Pu usher. eery lot, piece or parcel_of land benefited by said improvements, which has been r' ordered made and is as follows: all that area generally described as the South 1,400 feet Subs i ed and sworn to before me on this day of l/ of the East Half of the Northwest Quarter; 19 /i the East Half of the Southwest Quarter; the Northeast Quarter; and the Southeast ' Quarter; all located withinSection 19, Township 115, Range 19, Dakota County, Minnesota; except that portion lying within Notary Public the Country Hills 2nd and 3rd Additions as recorded on a plat at the Officcbf the Dakota County Register of Deeds and the AFFIDAVITSouth 1,980 feet of the East 1,995 feet of the e�ae�a� Southeast Quarter of Section 19i as on file LISA M. SHERVHEIM and of record in the Office of the County NOTARY PUBLIC -MINNESOTA Recorder, Dakota County, Minnesota. 00:12:08 DAKOTA COUNTY My Commission Expires Nov. 19, 1992 . ' TOTAL AMOUNT OF PROPOSED: The total amount proposed to be assessed is $687,130.47. WRITTEN OR ORAL OBJECTIONS:. Written or oral objections will be considered at the hearing," RIGHTQFAPPEAL. g An owner of property",tO be`assessed may appear the assessment to the districtcurt of, Dakota County pursuant to -Minnesota.. Statutes, Section 429.081 by serving -notice of the appeal upon the Mayor•or Clerk of the City within 30 days after -the adoption of the, assessment and filing such notice with the district court within len this after service upon the Mayor or Clerk, LIMITATION ON APPEAL: No appeal may be taken as to the amount of any assessment adopted by the City Council unless a written objection signed by the affected property owner is filed with the Clerk prior to the assessment hearing or - presented to the presiding officer at the ,hearing. All objections.to the assessments' not received at the assessment hearing in the,, manner prescribed by Minnesota Statutes; FSection 429.061 art waived,`unless the` failure to object at the assessment hearing is, due to a reasonable cause _ llllt:: HU[1]ll11 JlI dlU1 ,w .. - - by said improvements, which has been ordered made and is as follows: all that area to before me on this day of generally described as the South 1,400 feet - of the East Half of the Northwest Quarter, Subsi ed and sworn _ the East Half of the Southwest Quarter; the Northeast Quarter; and the Southeast . t Quarter; all located within Section 19, ` Township 115, Range 19, Dakota -County, Minnesota; except that portion lying within, Notary Public the Country Hills 2nd and 3rd Additions as recorded on a plat at the Office'.of the Dakota County Register of Deeds. and the South 1,980 feet of the East 1,995 feet of the AFFIDAVIT Southeast Quarter of Section 19; as on file L � and of record in the Office of the County LISA M. SHERVHEIM Recorder, Dakota County, Minnesota NOTARY PUBLIC -MINNESOTA 00:12:08 DAKOTA COUNTY TOTAL AMOUNT OF I?ROPOSEDr, t " "' My Commission Expires Nov. 19, 1992 The total amount proposed to be asses Is S687,130.47:1 .:. ,..`,rin; WRITTEN OR ORAL OBJECTIONS: Written or oral objections will be considered at thehearin&,c,,cs.-.4, f•¢xmf RIGHT OF AP PEAL:` f ,property tt1 be "assessed mag An owner 'of, appeal the assessment to the district wurtOf.,.: Dakota County, pursuant to Minnesota Statutes,, Section 429.081 by`serving notice - of the appeal upon the Mayor or Clerk of the City within 30 days after the adoption of the, `assessment and filing such notice with the district cotirt within ten days after service'- 1, upon the Mayor or Clerk `;, p4z, LIMITATION ONAPPEAL:. No appeal may be taken as to the amount of any assessment adopted by the City Council unless a, written objection signed by the :. affected property owner is filed with the Clerk prior to the assessment hearing or -- 'Tresented to the presiding officer at the ' " -hearing. All objections to the assessments not received at the assessment hearing in the manner prescribed by Minnesota Statutes, Section 429.061 are waived, unless the failure to object at the assessment hearing is due to a reasonable caused a , DEFERMENT OF'ASSESSMENTS: Under the provisions of Minnesota Statutes, Sections 435.193 to 435.195; the City may, at its discretion, defer the _payment of assessments for any homestead property, owned by a person 65 years of age or older for whom it would be a hardship to make the payments. However, the City has elected not to establish any deferment procedure pursuant to those Sections. i ' Dated this 1st day of October, 1991. BY ORDER OF THE CITY COUNCIL. /s/ by Susan M. Walsh "r Susan M. Walsh- City Clerk ' City of Rosemount - Dakota County, Minnesota 10/3,10