2025-24EXTRACT OF MINUTES OF A MEETING OF THE
CITY COUNCIL OF THE CITY OF CHANHASSEN, MINNESOTA
HELD: MARCH 24,2025
Pursuant to due call and notice thereof, a regular or special meeting of the City Council
of the City of Chanhassen, Carver and Hennepin Counties, Minnesota, was duly held at the City
Hall on March 24,2025, at 7:00 P.M., for the purpose, in part, of rescinding Resolution No.
2025-19, adopted on February 24,2025; and providing for the issuance and sale of an amount
not to exceed $13,185,000 General Obligation Temporary Sales Tax Revenue Bonds, Series
2025A.
The following members were present:
Ryan
von Oven
Kimber
Schubert
McDonald
and the following were absent:
none
Member
adoption:
McDonald introduced the following resolution and moved its
RESOLUTION NO. 2025-24
RESOLUTION RESCINDING RESOLUTION NO. 2025-19 ADOPTED ON
FEBRUARY 24,2025; AND PROVIDING FOR THE SALE OF AN AMOUNT
NOT TO EXCEED $13,185,000 GENERAL OBLIGATION TEMPORARY
SALES TAX REVENUE BONDS, SERIES 2025A
A. WHEREAS, the City Council (the "Council") of the City of Chanhassen,
Minnesota (the "City") has heretofore determined that it is necessary and expedient to issue the
City's an amount not to exceed S13,185,000 General Obligation Temporary Sales Tax Revenue
Bonds, Series 2025A (the "Bonds"), to finance the acquisition of land and project costs for the
construction of a new Chan Rec Center, which is expected to include an indoor walking track,
indoor ice facilities, indoor playground, indoor fieldhouse, and expanded community center
amenities, as outlined in the Chanhassen Bluffs Community Center project plan, to be located in
the City; and
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B. WHEREAS, on February 24,2025, the Council adopted Resolution No. 2025-19,
entitled "Resolution Providing for the Sale of an Amount Not to Exceed $13,185,000 General
Obligation Temporary Sales Tax Revenue Bonds, Series 2025A" (the "Resolution") which
provided for the sale of the Bonds on March 24,2025; and
C. WHEREAS, it has been determined to move the sale of the Bonds to April 28,
2025 from March 24,2025; and
D. WHEREAS, the City has retained Ehlers & Associates, Inc., in Roseville,
Minnesota ("Ehlers"), as its independent municipal advisor for the Bonds in accordance with
Minnesota Statutes, Section 475.60, Subdivision 2(9).
NOW, THEREFORE, BE IT RESOLVED by the City of Chanhassen, Minnesota, as
follows
1. Authorization. The Council hereby authorizes Ehlers to assist the City for the sale
of the Bonds.
2. Meetine: Proposal Openine. The Council shall meet at 7:00 P.M. on April 28,
2025, for the purpose of considering proposals for and awarding the sale of the Bonds.
3. Offrcial Statement. In connection with said sale, the officers or employees of the
City are hereby authorized to cooperate with Ehlers and participate in the preparation of an
official statement for the Bonds and to execute and deliver it on behalf of the City upon its
completion.
The motion for the adoption of the foregoing resolution was duly seconded by Council
Member von Oven and, after full discussion thereof and upon a vote being
taken thereon, the following Council Members voted in favor thereof:
and the following voted against the same:
Ryan
von Oven
Kimber
Schubert
McDonald
Whereupon said resolution was declared duly passed and adopted.
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STATE OF MINNESOTA
CARVER AND HENNEPTN COUNTIES
CITY OF CHANHASSEN
I, the undersigned, being the duly qualified and acting City Manager of the City of
Chanhassen, Minnesota, DO HEREBY CERTIFY that I have compared the attached and
foregoing extract of minutes with the original thereof on file in my office, and that the same is a
full, true and complete transcript of the minutes of a meeting of the City Council, duly called and
held on the date therein indicated, insofar as the minutes relate to rescinding Resolution No.
2025-19 adopted on February 24, 2025; and providing for the issuance and sale of an amount not
to exceed $13,185,000 General Obligation Temporary Sales Tax Revenue Bonds, Series 2025A.
WITNESS my hand on March 24,2025.
V,wrthlWkotu^I/^
City Manager
J
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