2014-021 Public hearing for Street ReconstructionCITY OF HOPKINS
HENNEPIN COUNTY, MINNESOTA
RESOLUTION NO. 2014-021
RESOLUTION CALLING A PUBLIC HEARING RELATING TO THE
ADOPTION OF A STREET RECONSTRUCTION PLAN AND THE
ISSUANCE OF STREET RECONSTRUCTION BONDS THEREUNDER
Section 1. Background.
1.01. The City of Hopkins, Minnesota (the "City"), is authorized under Minnesota
Statutes, Section 475.58, subdivision 3b (the "Act"), to prepare a plan for reconstruction of
streets in the City over the next five years, including a description of the affected streets and
estimated costs (the "Plan"), and to issue general obligation bonds to finance the cost of street
reconstruction activities described in the Plan.
1.02. Under the Act, the City is required to hold a public hearing regarding the Plan and
issuance of the bonds.
1.03. The City Council has determined to prepare a Plan for the City and to issue
general obligation bonds in a principal amount not to exceed $8,000,000 (the "Bonds") to
finance certain street reconstruction activities in the City.
Section 2. Plan Authorized, Hearing Scheduled.
2.01. The City hereby authorizes its staff and consultants to prepare a Plan for
reconstruction of City streets, or any portion thereof designated by the City Manager, and to
place a copy of the Plan on file with the City Manager by no later than the date of publication of
the hearing notice.
2.02. The City Council will hold a public hearing regarding the Plan and issuance of the
Bonds on Tuesday, May 6, 2014, at 7:00 P.M. at City Hall. The City Clerk is authorized and
directed to publish a notice substantially in the form attached hereto as EXHIBIT A in the official
newspaper of the City at least 10 days but no more than 28 days prior to the date of the hearing.
2.03. City staff and consultants are authorized to take all other actions needed to bring
the Plan and issuance of the Bonds before the City Council.
Adopted by the City Council of the City of Hopkins, Minnesota this 1St day of April, 2014.
By: l
Eug J. MKxwell, Mayor
ATTEST,
Kristine A. Luedke, City Clerk
0.94611P
FORM OF NOTICE OF PUBLIC HEARING
NOTICE OF PUBLIC HEARING
CITY OF HOPKINS
COUNTY OF HENNEPIN
STATE OF MINNESOTA
NOTICE IS HEREBY GIVEN that the City Council of the City of Hopkins, Hennepin
County, State of Minnesota (the "City"), will hold a public hearing on Tuesday, May 6, 2014, at or
after 7:00 P.M. in the City Council Chambers at City Hall, 1010 First Street South in the City,
relating to a proposal concerning: (1) the adoption of a five-year street reconstruction plan (the
"Plan"); and (2) the issuance of general obligation street reconstruction bonds (the "Bonds") to
finance the reconstruction of certain streets in the City, all pursuant to Minnesota Statutes, Section
475.58, subdivision 3b. The Bonds will be issued in a principal amount not to exceed $8,000,000.
A draft copy of the Plan is on file with the City Clerk and is available for public inspection at City
Hall during regular business hours.
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 last City general election, is filed with the City Clerk within 30
days after the public hearing, the City may issue the Bonds only after obtaining approval of a
majority of voters voting on the question at an election.
At the time and place fixed for the public hearing, the City Council will give all persons
who appear at the hearing an opportunity to express their views with respect to the proposal. In
addition, interested persons may direct any questions or file written comments respecting the
proposal with the City Clerk, at or prior to said public hearing.
Dated: [Date of Publication]
A-1
BY ORDER OF THE CITY COUNCIL OF
THE CITY OF HOPKINS, MINNESOTA
/s/ Kristine A. Luedke
City Clerk