NOTICE OF PUBLIC HEARING
CITY OF FRIDLEY, MINNESOTA
2017-2021 CAPITAL IMPROVEMENT PLAN AND NOTICE OF INTENTION TO ISSUE
CAPITAL IMPROVEMENT BONDS
NOTICE IS HEREBY GIVEN that the City Council of the City of Fridley, Minnesota (the “City”) will meet on Monday, November 14, 2016, at or after 7:00 p.m., at the City Hall in Fridley, Minnesota, in part to hold a public hearing concerning (1) the issuance of general obligation bonds (the “Bonds”) in an amount not to exceed $50,505,000 to finance various capital improvements within the City; and (2) the proposal to adopt a capital improvement plan for 2017 through 2021 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 Clerk within 30 days after the public hearing (i.e., by December 13, 2016), 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 Manager’s Office, City Hall, 6431 University Avenue N.E., Fridley, Minnesota 55432. Question or comments may be directed to the City Manager’s Office at 763-572-3500.
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 Manager before the hearing.
Dated: October 21, 2016
BY ORDER OF THE CITY COUNCIL OF
OF THE CITY OF FRIDLEY, MINNESOTA
Scott J. Lund
Publish October 21, 2016