7.7. SR 12-21-2009 - Laserfiche WebLink

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APPENDIX B EXHIBIT A NOTICE OF PUBLIC HEARING CITY OF ELK RIVER, MINNESOTA 2010-2014 CAPITAL IMPROVEMENT PLAN AND NOTICE OF INTENTION TO ISSUE CAPITAL IMPROVEMENT BONDS NOTICE IS HEREBY GIVEN that the City Council of the City of Elk River, Minnesota (the "City") will meet on Monday, December 21, 2009, at or after 6:30 p.m., at the City Hall in Elk River, MN, in part to hold a public hearing concerning (1) the issuance of general obligation bonds (the "Bonds") to refund existing debt for interest cost savings in a principal amount not to exceed $8,000,000. The Bonds will allow the City to acquire from the Economic Development Authority (the "EDA") the Public Safety Center and City Hall Expansion, originally constructed in 2002; and (2) the proposal to adopt a capital improvement plan therefore pursuant to Minnesota Statutes, Section 475.521. All persons interested may appear and be heard at the time and place set forth above. If a petition requesting a vote on the issuance of the Bonds, signed by voters equal to five percent of the votes cast in the City in the last general election, is filed with the City Administrator within 30 days after the public hearing (i.e., by January 21, 2010), the City may issue the Bonds only after obtaining approval of a majority of voters voting on the question at an election. A copy of the plan is available for inspection in the City Administrator's Office, City Hall, 13605 Orono Parkway, Elk River, Minnesota 55330. Question or comments may be directed to the City Administrator's Office at 763-635-1000. All interested persons may appear and be heard at the public hearing either orally or in writing, or may file written comments with the City Clerk before the hearing. Dated: x:XX xx, 2010 BY ORDER OF THE CITY COUNCIL OF OF THE CITY OF ELK RIVER, MINNESOTA /s/ City Administrator City of Elk River CIP for Financing Purposes Page 12