CITY OF ST. PAUL PARK

NOTICE OF PUBLIC HEARING ON INTENTION TO ISSUE GENERAL OBLIGATION CAPITAL IMPROVEMENT PLAN BONDS AND THE PROPOSAL TO ADOPT A CAPITAL IMPROVEMENT PLAN THEREFOR

NOTICE IS HEREBY GIVEN, that the City Council of the City of St. Paul Park, Minnesota, will meet on March 15, 2010, at 7:00 p.m. at City Hall, in St. Paul Park, Minnesota, for the purpose of conducting a public hearing on (a) the intention to issue general obligation capital improvement plan bonds in an amount not to exceed $600,000 and (b) the proposal to adopt a capital improvement plan therefor. The proceeds of the bonds will be issued, pursuant to Minnesota Statutes, Section 475.521, for the purpose of refunding the $1,080,000 Refunding Certificates of Participation, Series 2004 originally issued to finance the construction of a new city hall and fire hall building within the City. 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 is signed by voters equal to five percent of the votes cast in the City in the last general election and is filed with the City within thirty days after the public hearing, the bonds may only be issued upon obtaining the approval of the majority of the voters voting on the question of issuing the bonds.

Individuals unable to attend the public hearing can make written comment by writing to the Clerk, St. Paul Park City Hall, 600 Portland Avenue, St. Paul Park, Minnesota 55071-1500. Written comments must be received prior to the date and time of the public hearing.

BY ORDER OF THE CITY

COUNCIL

Sharon Ornquist, City Clerk

(Published in the South Washington County Bulletin on Wed., Feb. 24, 2010.)

Tags: public notices, general legals