NOTICE OF PUBLIC HEARINGS ON THE ANNUAL AMENDMENT TO THE CAPITAL IMPROVEMENT PLAN AND ON THE INTENT TO ISSUE CAPITAL IMPROVEMENT BONDS BY ST.
NOTICE OF PUBLIC HEARINGS ON THE ANNUAL AMENDMENT TO THE CAPITAL IMPROVEMENT PLAN AND ON THE INTENT TO ISSUE CAPITAL IMPROVEMENT BONDS BY ST. LOUIS COUNTY, MINNESOTA, UNDER MINNESOTA STATUTES, SECTION 373.40
Notice is hereby given that the Board of County Commissioners of St. Louis County, Minnesota, will conduct public hearings on Tuesday, August 3, 2021, at 9:35 a.m. in the St. Louis River Room, Government Services Center, 320 West Second Street in Duluth, Minnesota, to provide an opportunity for the public to express their views concerning (i) an amendment to the County's Capital Improvement Plan for the years 2021 through 2025; and (ii) the County's intent to issue general obligation bonds in an amount not to exceed $26,000,000, together with up to two percent of additional amount as authorized by Minnesota Statutes, Section 475.60 (the "Bonds"), pursuant to the Capital Improvement Plan as amended and approved by the Board of County Commissioners.
The proceeds of the Bonds shall be used by the County to construct the following improvements, and to pay costs of issuance of and capitalized interest, if any, on the Bonds:
Public Works Facilities - (i) Public Works Maintenance Facilities to be located in Kugler Township, Culver Township and near Whiteface Reservoir; (ii) a public works storage building, salt/sand dome and brine making system at the Meadowlands Public Works Maintenance Facility; (iii) two salt/sand dome buildings and brine making systems at the Floodwood Garage and the Hibbing Garage; and (iv) three salt/sand dome facilities to be located at the Jean Duluth Garage, the Cotton Garage and the Buyck Garage.
The Bonds and the interest thereon shall constitute general obligations of the County secured by the full faith and credit of the County. All persons interested may appear and be heard at the time and place set forth above.
BY ORDER OF THE BOARD OF COMMISSIONERS OF ST. LOUIS COUNTY, MINNESOTA
Nancy Nilsen, County Auditor
(July 14, 2021) 2896168