HomeMy WebLinkAboutResolution No. 487-14 • 487-14 D11
RESOLUTION
BE IT RESOLVED by the Common Council of the City of Rochester that the City approve
of and execute a Securities Pledge and Control Agreement to temporarily meet matching fund
requirements of the Mayo Civic Center Expansion Grant.
BE IT FURTHER RESOLVED that the City approve the Declaration of Intent to Bond for
the City's matching funds requirement of the Mayo Civic Center Expansion Project Grant with
proceeds of said bond to replace the securities pledge upon issuance.
The Mayor and City Clerk are authorized to execute the agreement and declaration on
behalf of the City.
PASSED AND ADOPTED BY THE COMMON COUNCIL OF THE CITY OF
ROCHESTER, MINNESOTA, THIS 3rd -_— DAY OF NOVEMBER , 2014.
PRESI ENT OF SAID COD,IMON COUNCIL
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CITY CLERK
APPROVED THIS 4th DAY OF NOVEMBER 2014.
MAYOR OF SAID CITY
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