2013-058 6-J Prive Activity Revenue Bond PolicyCITY OF HOPKINS
HENNEPIN COUNTY, MINNESOTA
RESOLUTION NO. 2013-058
A RESOLUTION AMENDING LEGISLATIVE POLICY MANUAL,
ESTABLISHING CHAPTER 64 PRIVATE ACTIVITY
REVENUE BOND FINANCING POLICY
WHEREAS, The City has an informal Private Activity Revenue Bond Financing policy
and application developed years ago using best practices; and
WHEREAS, the policy has not been reviewed for changes in the industry; and
WHEREAS, the policy is not included in the Legislative Manual as part of the City's
financial policies;
NOW THEREFORE BE IT RESOLVED, that the City Council of the City of Hopkins
hereby establishes Legislative Policy 6-J, Private Activity Revenue Bond Financing Policy.
EFFECTIVE DATE: This amendment will go into effect on October 1, 2013.
Adopted by the City Council of the City of Hopkins this 1 st day of October, 2013.
By
Eugene J. axwell, Mayor
ATTEST:
Kristine A. Luedke, City Clerk