HomeMy WebLinkAbout03/05/2013 CITY OF APPLE VALLEY
Dakota County, Minnesota
March 5, 2013
Minutes of the special meeting of the City Council of Apple Valley, Dakota County, Minnesota,
held March 5, 2013, at 6:00 o'clock p.m., at Apple Valley Municipal Center.
PRESENT: Mayor Hamann-Roland; Councilmembers Bergman, Goodwin, and Hooppaw.
ABSENT: Councilmember Grendahl.
City staff inembers present were: City Administrator Lawell, City Clerk Gackstetter, and Finance
Director Hedberg.
Mayor Hamann-Roland called the meeting to order at 6:00 p.m. Everyone took part in the Pledge
of Allegiance to the flag.
APPROVAL OF AGENDA
MOTION: of Hooppaw, seconded by Bergman, approving the agenda for tonight's meeting, as
presented. Ayes - 4- Nays - 0.
SALE OF CITY REFUNDING BONDS
Mr. Mattson, of Northland Securities, distributed the tabulation of bids and summary analysis for
the $9,000,000 General Obligation Crossover Refunding Bonds, Series 2013A. He then presented
details regarding the bond issue, noting the estimated savings is $1,476,910.03.
MOTION: of Goodwin, seconded by Hooppaw, adopting Resolution No. 2013-49 providing
for the issuance and sale of $9,000,000 General Obligation Crossover Refunding
Bonds, Series 2013A, and authorizing execution of the necessary documents to
complete the sale.
Discussion followed.
Vote was taken on the motion. Ayes - 4- Nays - 0.
MOTION: of Bergman, seconded by Goodwin, to adjourn. Ayes - 4- Nays - 0.
The meeting was adjourned at 6:08 o'clock p.m.
Respectfully Submitted,
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Pamela J. Ga cstetter, City Clerk
Approved by the Apple Valley City Council on 3• 2$ • �3