#107 03-15-55 Determine Cost Lateral Sewer Improvement No. 1RESOLUTION DETERMINING ESTIMATED COST OF LATERAL
SEWER IMPROVEMENT NO. 1 OF THE VILLAGE AND
AUTHORIZING ADVERTISEMENT FOR BIDS ON BONDS TO
FINANCE SAID IMPROVEMENT
Resolution No. 107
March 15, 1955
Member Bies introduced the following resolution and MOM its adoption:
BE IT RESOLVED by the Village Council of the Village of Golden Valley,
Minnesota, as follows:
1. This Council has heretofore ordered the making of certain lateral
sewer improvements in the Village,pursuant to hearings and due notice
thereof as required by law, and by resolutions adopted on November 4, 1951
and March 1, 1955, the improvements so ordered all being included in
Lateral Sewer District No. 1 of the Village, and designed to furnish
sanitary sewer.services to the areas heretofore designated as Lateral
Sewer Districts Nos. 1(a) through 1(1), as modified by the said resolutions
ordering said improvements. It is further found and determined that on
March 11, 1955 bids for the construction of said lateral severs, all of
which have heretofore been designated as Lateral Sewer Improvement No.l
of the Village, were opened and considered, and have been further consid-
ered at this meeting, and it is hereby estimated that the cost ofsaid
Lateral Sewer Improvement No. 1 will be qz) proximately equal to and not
less than $ 111002000.00.
2. Prior to the next regular meeting of this Council, the Village
Attorney is hereby authorized and directed to take appropriate action
to advertise the public sale of the Lateral Sewer Improvement No. 1
Bonds of the Village, in an amount not to exceed $.1,000,000.00 for
the purpose of financing the making of said improvement. The Village
Attorney is hereby further instructed to confer with T. G..Evensen, Inc.,
of Minneapolis, Minnesota, the fiscal agents for the Village, for the
purpose of fixing such terms of sale of said bonds as may be most advanta-
geous to the Village. This Council will meet at the Village Hall on
April 12, 1955, at 7:30 o'clock P.M. for the purpose of opening and
considering sealed bids for the purchase of paid bonds.
or M A. uebsch M
Atte
neNe�ns aCJ.erk
The motion for the adoption of the foregoing resolution was duly seconded
by Member Stark and upon vote being taken thereon, the following voted in
favor thereof: Bies, Foss, Huebsch, Rahn, Stark; and the following voted
against the same: None; whereupon said resolution was declared duly passed
and adopted, signed by the Mayor and his signature attested by the Clerk.
1