Trending
April 28, 2017
CITY OF MARSHALL
NOTICE OF PUBLIC HEARING
REGARDING A STREET RECONSTRUCTION PLAN AND THE
ISSUANCE OF GENERAL OBLIGATION STREET RECONSTRUCTION BONDS
NOTICE IS HEREBY GIVEN that the City Council of the City of
Marshall, Lyon County, State of Minnesota (the "City"), will hold a public hearing beginning at approximately 5:30 p.m., on Tuesday, May 9, 2017, to be held at the Marshall Middle School, 401 S. Saratoga,
Marshall, Minnesota (the "City"), on the proposals that the City: (1) adopt a five-year street reconstruction plan (the "Plan"); and (2) issue general obligation bonds (the "Bonds") to finance certain street
reconstruction described in the Plan, all pursuant to Minnesota Statutes, Section 475.58, subdivision 3b, as amended. The maximum principal amount of the Bonds to be issued under the Plan is $650,000 for projects identified in the Plan. A draft copy of the Plan is on file with the City Administrator 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 (5%) of the votes cast in the last City
general election, is filed with the City Clerk within thirty (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 of the issuance of the Bonds 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: April 28, 2017.
BY ORDER OF THE CITY COUNCIL
By /s/ Jane DeVries
City Clerk