BY COUNCILOR STEWART:
BE IT RESOLVED, by the city council of the city of Duluth, Minnesota, as follows:
The city council by Resolution 06-0500 adopted July 10, 2006, authorized the issuance and provided for the sale of bonds of the city pursuant to official terms of offerings on file with the city clerk as Public Document No. 06-0710-14. The official terms of offerings called for the bonds to be sold on August 10, 2006, at 10:00 a.m. Due to a delay in the publication of Ordinance 9779, the bond sale is rescheduled for August 24, 2006, at 10:00 a.m., and the council shall consider the resolutions awarding the sale of the bonds at a special meeting to be held at 5:00 p.m. on Thursday, August 24, 2006. All other terms and conditions set forth in Public Document No. 06-0710-14 shall remain the same.
STATEMENT OF PURPOSE: The purpose of this resolution is to amend the sale date of bonds authorized by Resolution 06-0500 adopted on July 10, 2006, from August 10, 2006, to August 24, 2006.