12-16-85 Special CC MinutesSpecial Meeting
of the
City Council
December 16, 1985
Pursuant to due call and notice thereof, a special meeting of the City Council
of the City of Golden Valley, Hennepin County, Minnesota was held at 7800 Golden
Valley Road in said City on December 16, 1985 at 4:40 Pf1.
The following members were present: Anderson, Bakken, Johnson, and Thompson and
the following member was absent: Stockman. Also present were: William J oynes,
City Manager; Don Taylor, Finance Director and Judy Nally, Deputy City Clerk.
Bond Sale Bid Opening - Golden Hills, Phase I - $6,700,000
William Joynes reviewed the staff recommendation and answered questions from the
Council. Robert Pulscher, Springsted Incorporated; and Don Taylor, Finance
Director were present to review the bids and answer questions from the Council.
Member Thompson introduced the following resolution and moved its adoption:
k y LL'Ti/�If iiG' 9-% - i
RESOLUTION AUTHORIZING ISSUANCE, AWARDING THE SALE,
PRESCRIBING THE FORM AND DETAILS AND PROVIDING
FOR THE PAYMENT OF $6,700,000 GENERAL OBLIGATION
TAX INCREMENT BONDS, SERIES 1985C
The motion for the adoption of the foregoing resolution was seconded by Member
Johnson and upon a vote being taken thereon, the following voted in favor
thereof: Anderson, Bakken, Johnson and Thompson; and the following was
• absent: Stockman, and the following voted against the same: none, whereupon
said resolution was declared duly passed and adopted, signed by the Mayor and
her signature attested by the City Clerk. See Resolution Book Page
Adjournment
MOVED by Johnson, seconded by Thompson and motion carried unanimously to adjourn
the meeting at 4:50 PM.
ATTEST:
J Nal Deputy Cgity Clerk
0
Z�WLOIZ� -
M ry E. derson, Mayor