HomeMy WebLinkAboutResolution - 2005-78 - Calling Public Hearing for Amendment to 2004-2008 Capital Improvement Plan and Issuance of Capital Improvement Bonds - 06/07/2005 CITY OF EDEN PRAIRIE
HENNEPIN COUNTY,MINNESOTA
RESOLUTION NO.2005-78
RESOLUTION CALLING FOR A PUBLIC HEARING ON AN
AMENDMENT TO THE 2004 TO 2008 CAPITAL IMPROVEMENT
PLAN AND THE ISSUANCE OF CAPITAL IMPROVEMENT BONDS
BE IT RESOLVED by the City Council of the City of Eden Prairie,Minnesota(the City), as follows:
1. Amendment to the 2004 to 2008 Capital Improvement Plan. The City has held a
public hearing and adopted the 2004 to 2008 Capital Improvement Plan(the CIP)on December 16,2003.
Amendments to the CIP must be approved by the City Council following published notice and a public
hearing. Accordingly, it has been proposed that the City Council hold a public hearing, on July 5, 2005,
in order to amend the CIP to increase the estimated cost of construction of a fire station building and other
improvements identified in the CIP from$3,050,000 to$3,500,000.
2. . Approval of the Issuance of Capital Improvement Bonds. The City intends to issue
capital improvement bonds to finance the construction of a fire station building and other improvements
identified in the CIP pursuant to Minnesota Statutes, Section 475.521. Accordingly,it has been proposed
that the City Council hold a public hearing,on July 5, 2005,in order to approve issuance of capital
improvement bonds.
3. Public Hearing. A public hearing is hereby scheduled to be held on the adoption of an
amendment to the CIP and the approval of the issuance of capital improvement bonds at 7:00 p.m. on
Tuesday,July 5, 2005,at the Eden Prairie City Hall, 8080 Mitchell Road,Eden Prairie,Minnesota. The
Finance Director is hereby authorized and directed to cause notice of such public hearing in substantially
the form of Exhibit A attached hereto to be published in the official newspaper of the City not less than
fourteen(14)days nor more than twenty-eight(28)days prior to the date of the hearing.
ADOPTED by the City Council of the City of Eden Prairie,Minnesota this 7th day of
June,2005.
APPROVED:
4anZ'T uk s, r
ATTEST:
K thleen Porta,City Clerk