HomeMy WebLinkAboutResolution - 83-287 - Approving Final Plat of Bryant Lake Business Center - 11/29/1983 CITY OF EDEN PRAIRIE
HENNEPIN COUNTY, MINNESOTA
RESOLUTION NO. 83-287
A RESOLUTION APPROVING FINAL PLAT OF
BRYANT LAKE BUSINESS CENTER
WHEREAS, the plat of Bryant Lake Business Center has been submitted in a
manner required for platting land under the Eden Prairie Ordinance Code and under
Chapter 462 of the Minnesota Statutes and all proceedings have been duly had
thereunder, and
WHEREAS, said plat is in all respects consistent with the City plan and the
regulations and requirements of the laws of the State of Minnesota and ordinances
of the City of Eden Prairie.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EDEN
PRAIRIE:
A. Plat approval request for Bryant Lake Business Center is approved
upon compliance with the recommendation of the City Engineer 's
report on this plat dated November 22, 1983.
B. That the City Clerk is hereby directed to file a certified copy of
this Resolution in the office of the Register of Deeds and/or
Registrar of Titles for their use as required by MSA 462.358, Subd.
3.
C. That the City Clerk is hereby directed to supply a certified copy of
this Resolution to the owners and subdivision of the above named
plat.
D. That the Mayor and City Manager are hereby authorized to execute the
certificate of approval on behalf of the City Council upon
compliance with the foregoing provisions.
ADOPTED by the City Council on November 29, 1983.
Wo),f ang P zel , Mayor
ATTEST SEAL
Kathy Hel ianh , beputy City Clerk
Extract of Minutes of Meeting of the
City Council of the City of Eden Prairie
County of Hennepin, Minnesota
Pursuant to due call and notice thereof , a special meet-
ing of the City Council of the City of Eden Prairie , Minne-
sota , was duly held in the Eden Prairie City Hall on Tues-
day, November 29 , 1983,, commencing at 7 : 30 o' clock p. m. ,
C .T.
The following members of the Council were present: Mayor Wolfgang
Penzel , Council Members : Paul Redpath, George Tangen , George Bentley
and the following were absent:
Council Member Richard Anderson
83-288
Resolution ido.
r _
The Mayor announced that the meeting was convened for
the consideration of the bids which had been received for
the purchase of the City ' s $19 ,800 ,000 General Obligation
Advance Refunding Tax Increment Bonds of 1983 , as advertised
for sale . The City Finance Director/Clerk presented affida-
vits showing publication of notice of sale in the City' s
official newspaper and in Commercial West, a financial paper
published in Minneapolis , Minnesota, which affidavits were
examined , found satisfactory, and ordered placed on file.
The City Finance Director/Clerk presented a tabulation
of the bids which had been received in the manner specified
in the notice of sale of the Bonds . The bids were as fol-
lows:
See attached bid tabulation.
BID TABULATION
$19 ,800 ,000 General Obligation Advance Refunding Tax Increment Bonds of 1983
City of Eden Prairie , Minnesota
SALE: Tuesday, November 29 , 1983
AWARD: NORWEST SECURITIES
MOODY ' S RATING "A"
S & P RATING "AAA" (AMBAC INSURED
COUPON NEIT INTEREST COST
NAME OF BIDDER RATE YEAR & RATE PRICE
NORVIEST SECURITIES 8.500a 1985 $18,808,528. 12 $19,415,000
Minneapolis , Minnesota 8.50 1986
(See reverse side of bid tab for complete 8.50 1987 9.4325%
Nor%.es t Securities account) 8.50'. 1988
8.50`) 1989
8.5001. 1990
8.50 1991
8.50`11 1992
8.75 1993
9.00CLI, 1994
9.20;: 1995
9 .40% 1996
( 9.500/10 1997
9.60 1998
9 .70'0 1999
9.75°0 2000
CITIBANK, N.A. CAPITAL MARKETS GROUP 6 .25 1985 $18 ,910,675.00 $19,415,000
New York , New York 6.50% 1986
THE FIRST BOSTON CORPORATION 7 .00,E 1987 9.4837%
New York , New York 7 .50'S 1988
BANKERS TRUST COMPANY 8.00011989
New York , New York 8.25 1990
LAZARD FRERES & C0-1PANY 8.5001 1991
New York , New York 8.7535 1992
MATTHEWS & WRIGHT , INC. 9 .00% 1993
New York , New York 9. 10% 1994
Park Ryan , Inc . 9 .30 1995
-IN ASSOCIATION WITH- 9.40% 1996
9 .600; 1997
MORGAN GUARANTY TRUST COMPANY OF NEIJ YORK 9.75 1998
New York , New York 9.90`/ 1999
SALOMON BROTHERS, INC . 10.00'j 2000
New York , New York
BANK OF BOSTON
Boston, Massachusettes
Ehlers and Associates , Inc.
507 Marquette Avenue
Minneapolis , Minnesota 55402
Telephone (612)339-8291
The following is a complete listing of the Norwest Securities account for Eden Prairie.
NORWEST SECURITIES
JURAN & MOODY , INC.
PRUDENTIAL-BACHE SECURITIES , INC .
American National Bank & Trust Company
Blyth , Eastman, Paine, Webber, Inc.
E.F. Hutton & Company, Inc.
Kidder, Peabody & Company, Inc.
Channer Newman Securities Company
Dougherty , Dawkins , Strand & Yost, Inc.
Dean Witter Reynolds , Inc.
Moore, Juran & Company
Miller & Schroeder Municipals , Inc.
M.H . Novick & Company, Inc.
Robert S.C. Peterson , Inc.
Securities Corporation of Iowa
Griffin, Kubik, Stephens & Thompson, Inc.
-IN ASSOCIATION WITH-
PIPER, JAFFRAY & HOPWOOD, INC.
Allison-Williams Company
First National Bank of Minneapolis
The First National Bank of St. Paul
John Nuveen & Company, Inc.
Robert W. Baird & Company, Inc.
Craig Hallum, Inc.
F & M Marquette National Bank
-IN ASSOCIATION WITH-
DAIN BOSWORTH , INC.
MERRILL LYNCH WHITE WELD CAPITAL MARKETS GROUP
Cronin & Marcotte , Inc.
-IN ASSOCIATION WITH-
CONTINENTAL ILLINOIS NATIONAL BANK & TRUST COMPANY OF CHICAGO
Bear Stearns & Company
The First National Bank & Trust Company of Tulsa
Clayton Brown & Associates , Inc .
Mercantile Trust Company , N.A. St. Louis
Moseley, Hallgarten , Estabrook & Weeden , Inc.
Prescott , Ball & Turben , Inc.
La Salle National Bank
Hutchinson, Shockey, Erley & Company