ADMINISTRATION - Joe Huss, Finance Director
Title
SUPPLEMENT TO JOINT POWERS AGREEMENT FOR PROVISION OF FIRE SERVICES WITH THE CITIES OF MOUNDS VIEW AND SPRING LAKE PARK
Background
During the 2017 budget process, Council was presented with the SBM Fire Capital Plan that included the purchase of a “Quint” Ladder Truck as well as a Grass unit and a Staff vehicle. It was during the budget process that the Blaine City Council and the Councils of Spring Lake Park and Mounds View agreed to finance the acquisition of the equipment with the issuance of equipment certificates. The certificates will be issued through the City of Spring Lake Park, with a pledge of repayment from Blaine and Mounds View.
Pursuant to the existing JPA, in order to issue bonds or other debt instruments, a supplement to the JPA, approved by all members and specifying each of the joint power member cities’ obligations to the particular debt issue, is required. Thus, a Supplement to the Joint Powers Agreement (attached) has been prepared by Spring Lake Park’s bond counsel for approval.
Recommendation
By motion, approve the Resolution.
Body
WHEREAS, the City of Spring Lake Park, Minnesota (“Spring Lake Park”) proposes to issue a General Obligation Equipment Certificates of Indebtedness, Series 2017A pursuant to Minnesota Statutes, Section 412.301 (the “Certificates”); and
WHEREAS, the Cities of Spring Lake Park, Mounds View and Blaine (collectively the “Cities”) propose pursuant to that certain Joint Powers Agreement for the Provision of Fire Protection Services dated December 11, 1990, as previously amended and supplemented (the “Joint Powers Agreement”) and a Supplement to Joint Powers Agreement attached as Exhibit A to be entered into by the Cities (the “Supplement”), to finance the acquisition of various equipment for municipal fire protection and firefighting purposes with the proceeds of the Certificates; and
NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Blaine, Minnesota, as follows: The City Council hereby approves the Supplement in substantially the form attached, subject to modifications that do not alter the substance of the transaction and that are approved by the City Attorney and the City Manager; provided that execution of the Agreement by the Mayor and City Manager shall be conclusive evidence of approval. The Mayor and City Manager are hereby authorized to execute the Supplement on behalf of Blaine, and to carry out on behalf of Blaine, Blaine’s obligations thereunder.
PASSED by the City Council of the City of Blaine this 2nd day of February, 2017.