2012-075 Amend Policy 6-H Debit ManagementCITY OF HOPKINS
HENNEPIN COUNTY, MINNESOTA
RESOLUTION NO. 2012-075
A RESOLUTION AMENDING LEGISLATIVE POLICY MANUAL,
ESTABLISHING CHAPTER 6-H DEBT MANAGEMENT POLICY
WHEREAS, The City Staff has determined that establishing a policy for incurring long-
term debt on behalf of the City would provide appropriate guidelines in the issuance of long-term
debt; and
WHEREAS, no formal policy currently exists defining long-term debt issuance or
providing guidance on the issuance of long-term debt for the City of Hopkins;
NOW THEREFORE BE IT RESOLVED, that the City Council of the City of Hopkins
hereby establishes Legislative Policy 6-H, Debt Management Policy.
EFFECTIVE DATE: This amendment will go into effect on October 16, 2012.
Adopted by the City Council of the City of Hopkins this 16th day of October, 2012.
By
Eugene J axwell, Mayor
ATTEST: �
Kristine A. Luedke, City Clerk