BY COUNCILOR LITTLE:
BE IT RESOLVED, by the city council (the council) of the city of Duluth, Minnesota (the city), as follows:
Section 1. Under and pursuant to the authority contained in Minnesota Statutes, Section 410.326, and Minnesota Statutes, Chapter 475 (collectively the act), the city is authorized to issue general obligation capital improvement bonds to provide funds for capital improvements pursuant to a capital improvement plan approved by the council on December 1, 2003 (the plan).
Section 2. The city council held a public hearing on this day on the city's intention to issue bonds in 2004 in an amount not to exceed $800,000 for the purposes set forth in the notice of public hearing. All persons who desired to speak at the public hearing were heard and written comments were accepted.
Section 3. The council hereby finds and determines that it is necessary, expedient, and in the best interests of the city's residents that the city issue, sell and deliver its general obligation capital improvement bonds, Series 2004 (the bonds), in an amount not to exceed $800,000, for the purpose of providing funds for design and installation of a City Hall air-conditioning system; modify customer service areas of City Hall offices to meet ADA requirements; restore the granite and brick facades of City Hall; replace fire station overhead doors; install ventilation system in firehalls; roof replacement at Firehall #1; update and expand locker room at Firehall #1; restore exterior masonry at Firehall #10; and remodel first floor police offices in City Hall.
STATEMENT OF PURPOSE: This resolution states the city's intent to issue general obligation capital improvement bonds in 2004 in an amount not to exceed $800,000 for certain capital improvements as listed in the resolution.