HomeMy WebLinkAboutResolution 80-83Issuer:
CERTIFICATION OF MINUTES RELATING TO
· $9,000,000 HOUSING DEVELOPMENT REVENUE BONDS
(LA BELLE PARK CONDOMINI.UMS PROJECT)
City of Columbia Heights, Minnesota
Governing body: City Council
Kind, date, time and place of meeting:
the City of Columbia Heights, Minnesota.
Members present:~f'~ ~-~t
Members absent: IkJ~)~}~d~
Documents attached: Minutes of said meeting (pages):
a meeting held on December ~/ ., 1980, in
A RESOLUTION OF'THE CITY OF COLUMBIA HEIGHTS, MIN-
NESOTA (THE "CITY"), AUTHORIZING THE ISSUANCE OF ITS
HOUSING DEVELOPMENT REVENUE BONDS (LA BELLE PARK
CONDOMINIUMS PROJECT), SERIES 1980 (THE "BONDS"), IN THE
AGGREGATE PRINCIPAL AMOUNT OF $9,000,0 00. WHICH BONDS
AND THE INTEREST THEREON SHALL BE PAYABLE SOLELY
FROM THE REVENUES DERIVED BY CITY FROM THE LOAN
AGREEMENT, THE LETTER OF CREDIT, OR THE PRODEEDS
FROM THE SALE OF THE BONDS OR THE EARNINGS FROM THE
INVESTMENT OF SUCH PROCEEDS; PRESCRIBING THE FORM OF
AND AUTHORIZING THE EXECUTION AND DELIVERY OF THE
INDENTURE OF TRUST, THE LOAN AGREEMENT, THE LETTER
OF CREDIT AGREEMENT, THE INDUCEMENT LETTER, THE FIN-
ANCING STATEMENT, AND THE BOND PURCHASE AGREEMENT;
APPROVING THE FORM OF THE INVESTMENT AGREEMENT, THE
MORTGAGE AND THE LETTER OF CREDIT; APPROVING THE
FORM OF AND AUTHORIZING EXECUTION OF THE OFFICIAL
STATEMENT; AUTHORIZING THE EXECUTION AND SALE OF THE
BONDS AND DIRECTING DELIVERY THEREOF; AND PROVIDING
FOR THE SECURITY, RIGHTS AND REMEDIES OF THE HOLDERS
OF SAID BONDS.
I, the undersigned, being the duly qualified and acting recording officer of
the public corporation issuing the obligations referred to in the title of this
certificate, certify that the documents attached hereto,-as described above, have
been carefully compared with the original records of said corporation in my legal
custody, from which they have been transcribed; that said documents are a correct
and complete transcript of the minutes of a meeting of the governing body of said
-corporation, and correct and complete copies of all resolutions and other actions
taken and of all documents approved by the governing body at said meeting, so far
as they relate to said obligations; and that said meeting was duly held by the
governing body at the time and place and was attended throughout by the members
indicated above, pursuant to call and notice of such meeting given as required by
law. ~
WITNESS my hand officially as such recbrding officer this ~! day of
December, 1980.
: ~/ John E. Sehedler .
Clerk-Treasurer