HomeMy WebLinkAbout08/25/2012 - Special CITY OF APPLE VALLEY
Dakota County, Minnesota
August 28, 2012
Minutes of the special meeting of the City Council of Apple Valley, Dakota County, Minnesota,
held August 28, 2012, at 3:00 o'clock p.m., at Apple Valley Municipal Center.
PRESENT: Mayor Hamann-Roland; Councilmembers Bergman, Goodwin, Grendahl and
Hooppaw.
ABSENT: None.
City staff inembers present were: City Administrator Lawell, Deputy City Clerk Marschall,
Associate City Planner Bodmer, Associate City Planner Dykes, Finance Director Hedberg, City
Planner Lovelace, Department Assistant Murphy, and Community Development Director
Nordquist.
Mayor Hamann-Roland called the meeting to order at 3:00 p.m.
APPROVAL OF AGENDA
MOTION: of Bergman, seconded by Hooppaw, approving the agenda for today's meeting, as
presented. Ayes - 5- Nays - 0.
SALE OF CITY GENERAL OBLIGATION BONDS
Steve Mattson, of Northland Securities, Inc., was present and reviewed information and offers to
purchase general obligation bonds of the City.
MOTION: of Grendahl, seconded by Goodwin, adopting Resolution No. 2012-168 providing
for the issuance and sale of $6,775,000.00 General Obligation Bonds, Series
2012A, at an estimated net effective interest rate of 0.884914%, and pledging for
the security thereof special assessments and levying a tax for the payment thereof.
Ayes - 5 - Nays - 0.
Councilmember Grendahl left the meeting at 3:13 p.m.
MOTION: of Hooppaw, seconded Goodwin, to adjourn. Ayes - 4- Nays - 0.
The meeting was adjourned at 3:15 o'clock p.m.
Respectfully Submitted,
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Step anie Marschall, Deputy City Clerk
Approved by the Apple Valley City Council on 9-11-12