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HomeMy WebLinkAboutBoard of Commissioners - Minutes - 11/29/2011MINUTES OF THE OTTER TAIL COUNTY BOARD OF COMMISSIONERS Government Services Center, Commissioners' Room 515 W. Fir Avenue, Fergus Falls, MN Tuesday, November 29, 2011 9:30 a.m. Call to Order The Otter Tail County Board of Commissioners convened Tuesday, November 29, 2011, at 9:31 a.m. at the Otter Tail County Government Services Center in Fergus Falls, MN, with Commissioners John Lindquist, Chair; Lee Rogness, Vice-Chair; Doug Huebsch, Wayne Johnson, and Roger Froemming present. Approval of Agenda Motion by Johnson, second by Froemming, and unanimously carried to approve the Board of Commissioners agenda of November 29, 2011, with the following addition: 10:05 a.m. -Final Plats Approval, Bill Kalar Approval of Minutes Motion by Froemming, second by Huebsch, and unanimously carried to approve the Board of Commissioners meeting minutes of November 15, 2011, as presented. Approval to Pay Bills Motion by Rogness, second by Johnson, and unanimously carried to approve payment of the County Board bills per Attachment A of these minutes. Long Term Recovery Board Presentation Human Service Director, John Dinsmore provided a summary of the efforts and services offered by the Long Term Tornado Recovery team. Discussion followed. Viking Library Board Appointment Motion by Huebsch, second by Rogness and unanimously carried to appoint Commissioner Froemming to the Viking Library Board for a three year term. Public Hearing to Consider Petition to Change Lake Name Chairman Lindquist opened the Public Hearing for the name change of the Lake named Big McDonald Lake #2 to McDonald Lake. Diane Long spoke in favor of the name change. In the community, the lake has always been called McDonald Lake. MN DNR representative Peter Boulay spoke to the history of naming the lake and process of changing the lake name. There was no one present speaking against the proposed name change. OTTER TAIL COUNTY RESOLUTION #2011-64 Changing the Name of "Big McDonald #2 ISchwartz\" to "McDonald Lake" WHEREAS, the Otter Tail County received a petition, pursuant to Minnesota Statutes 83A.05 to 83A.07, to change the name of Big McDonald #2, also sometimes referred to as Schwartz Lake, to McDonald Lake; and WHEREAS, the County Board ordered a public hearing be held in the Commissioners' Room at the Government Services Center, 500 Fir Ave W., Fergus Falls, MN, on Tuesday, November 29, 2011 at 9:45 a.m., published notice, and served the Commissioner of Natural Resources and Chair of the Edna Town Board; and the public hearing was held Tuesday, November 28, 2011 as noticed; and OTC Board of Commissioners' Minutes November 29, 2011 Page 2 WHEREAS, Big McDonald #2 (Schwartz) Lake, DNR Lake Number 56038603, is located mainly in Sections 20, 29, 30 of Township 136 Range 40 (Edna Township); and WHEREAS, the lake has long been known locally as McDonald Lake; and WHEREAS, the lake is referred to on county maps as McDonald Lake, and the roads around it have been named based on the name being McDonald Lake; and WHEREAS, Changing the name to McDonald Lake will not cause any confusion, whereas an attempt to start calling it Big McDonald #2 or Schwartz Lake would do so; and WHEREAS, while there is a West McDonald Lake, a Big McDonald Lake and a Little McDonald Lake, there is no other McDonald Lake. NOW, THEREFORE, BE IT HEREBY RESOLVED, that the Otter Tail County Board of Commissioners hereby orders that the name of Big McDonald #2, also sometimes referred to as Schwartz Lake, DNR Lake Number 56038603, be changed to McDonald Lake. Upon the motion of Huebsch, seconded by Johnson, and upon a unanimous vote, the above resolution was passed on the 29th day of November, 2011. Dated: _ _,Jc,.:l,.,_/,.,1!><-.,f..!/ :J.,,,o'-'11,__ ___ _ OTTER TAIL COUNTY B By:-,--"-~-~~'.:::::·'=--'-~~~~~- Attest: _,/4.....,..,~,.Y,l,/.,._~'--'l' v"'(L'-""'=---Larry KdJhn~ quist, Bo hair National Association of Counties (NACo) Membership Dues Administrator, Larry Krohn presented an invoice from National Association of Counties (NACo). Membership dues for 2012 are $1,143.00. Motion by Froemming, seconded by Rogness, to pay the invoice for 2012 Membership Dues to NACo. After discussion, Commissioner Lindquist called for a roll call vote as follows: Motion failed. Board of County Commissioners Roger Froemming Wayne D. Johnson Doug Huebsch Leland R. Rogness John Lindquist YEA X X NAY X X X ABSENT Continuation of Public Hearing for Ditch #39 ABSTAIN Commissioner Lindquist opened the Public Hearing for Ditch #39 at 10:00 a.m. and read a letter received from Western Township stating that the Western Township Board rescinded their petition. Motion by Johnson, second by Rogness and unanimously carried to accept Western Township's withdrawal of the Petition to use Ditch #39. The Public Hearing was closed at 10:15 a.m. Final Plat Approval OTC Board of Commissioners' Minutes November 29, 2011 Page 3 Motion by Huebsch, second by Johnson and unanimously carried to approve the Final Plat entitled "Pine Beach Subdivision" located in Section 6 of Perham Township; Devils Lake. Motion by Lindquist, second by Froemming and carried with Johnson abstaining, to approve the Final Plat entitled "Kvare's Beauty Bay South 2nd Addition" located in Section 18 of Dunn Township. Order Redeterming Benefits Motion by Huebsch, second by Froemming and unanimously carried to approve the following Order Redetermining Benefits: Otter Tail County Board of Commissioners Drainage Authority OTTER TAIL COUNTY DITCH #25 ORDER REDETERMINING BENEFITS The Board of Commissioners, Drainage Authority for County Ditch #25, having been approached on several occasions in recent years as to whether or not work should be done on the ditch, and also whether it could be used as an outlet, and the County Board of Commissioners having held a public information meeting on Ditch #25 on the 9th day of May, 2011, Drainage Authority for Ditch #25, makes the following Findings and Order: FINDINGS 1. That Ditch #25 was established in 1907. 2. That the benefits for Ditch #25 have not been redetermined since the original determination. 3. That because of the subdivision of land, it does not appear that the County could establish who would appropriately be assessed for any work done on the ditch. In the past any repair work on the ditch has been performed by voluntary services. Because of high water conditions it is likely that repair work may again be needed on the ditch. 4. A review of the benefited areas indicates that the original determination does not accurately reflect those areas benefited by the ditch system. The original determination includes only some sections in the catchment area drained by the ditch. 5. That the original benefits determined in the drainage proceeding do not reflect reasonable present day land values, which have increased over the past century. 6. On December 26, 2007 the board denied a petition of The Little McDonald, Kerbs and Paul Lake Improvement District to use the ditch as an outlet for reasons including lack of capacity, but the order provided that if more information became available to show that the ditch has capacity a new petition could be filed. Because of continued high water conditions the Lake Improvement District is planning to file another petition. ORDER NOW, THEREFORE, IT IS HEREBY ORDERED: 1. That there shall be a redetermination of the benefits for Ditch #25. 2. That Richard Bergquist, Sheldon Holm and Dennis Tigges are hereby appointed as ditch viewers for the redetermination of benefits. Dated: Ja/1:> / ao11 Attest: ~" LanyKro, Clerk OTC Board of Commissioners' Minutes November 29, 2011 Page4 BCOW Public Health Planning Workgroup Member of the BCOW Public Health Planning workgroup, Diane Thorson, Otter Tail County; Kathy Carlson, Community Member; Deb Jacobs, Wilkin County; Kathy McKay, Clay County; and Rhonda Stock, Becker County; provided a handout and briefed the Board on their activity. A summary of recommendations was reviewed. Motion by Froemming, second by Huebsch and unanimously carried to accept the recommendations of the BCOW Public Health Planning workgroup. Commissioner Lindquist called for a roll call vote as follows: Board of County Commissioners Roger Froemming Wayne D. Johnson Doug Huebsch Leland R. Rogness John Lindquist YEA X X X X X NAY Recess & Reconvene ABSENT ABSTAIN At 10:58 a.m., Chairman Lindquist declared the meeting of the Otter Tail County Board of Commissioners recessed for a short break. The meeting was reconvened at 11 :04 a.m. SWCD Update EOTSCWCD Manager, Darren Newville and WOTSWCD Manager, Brad Mergens both provided the Board with fact sheets and discussed their programs and activities. Natural Resources Block Grant Motion by Huebsch, second by Johnson, and unanimously carried to approve the Natural Resources Block Grant for Fiscal Year 2012 as presented. Recess & Reconvene At 11 :42 a.m., Chairman Lindquist declared the meeting of the Otter Tail County Board of Commissioners recessed for a lunch break. The meeting was reconvened at 1 :00 p.m. Lakeland Mental Health Center Contract Motion by Froemming, second by Rogness and unanimously carried to approve the 2012 contract with Lakeland Mental Health Center for Court Evaluation Services. Rates for Psychological and Psychiatric Evaluations are $191 and $348 respectively. General Obligation Capital Improvement Plan Bonds Pursuant to due call and notice thereof, a meeting of the Board of Commissioners of Otter Tail County, Minnesota, was duly held at the County Courthouse in Fergus Falls, Minnesota, on Tuesday, November 29, 2011 at 1 :00 o'clock P.M. The following members were present: Froemming, Johnson, Huebsch, Rogness, Lindquist and the following were absent: None The Chair announced that the meeting was convened for the purpose of considering proposals for the purchase of $5,400,000 General Obligation Capital Improvement Plan Bonds, Series 2011 B. Proposals were submitted as shown in Exhibit A attached hereto. OTC Board of Commissioners' Minutes November 29, 2011 Page 5 Commissioner Huebsch introduced the following written resolution and moved its adoption: RESOLUTION AWARDING SALE OF $5,400,000 GENERAL OBLIGATION CAPITAL IMPROVEMENT PLAN BONDS, SERIES 2011 B, FIXING THE FORM AND SPECIFICATIONS THEREOF, PROVIDING FOR THEIR EXECUTION AND DELIVERY, AND PROVIDING FOR THEIR PAYMENT Otter Tail County Resolution No. 2011-66 BE IT RESOLVED by the Board of Commissioners of Otter Tail County, Minnesota, as follows: 1. The proposal of United Bankers' Bank to purchase the $5,400,000 General Obligation Capital Improvement Plan Bonds, Series 2011 B of the County is hereby found and determined to be a favorable proposal, and shall be and is hereby accepted, said proposal being to purchase Bonds maturing and bearing interest as set forth in paragraph 2 at a price of $5,373,540.00 plus accrued interest. 2. To provide funds to refund the outstanding Government Services Building Lease Revenue Bonds, Series 2002A of the Otter Tail County Housing and Redevelopment Authority (the "HRA") and thereby acquire title to the administration facilities described in the Lease and Purchase Option Agreement between the HRA and the County (the "Lease") pursuant to the County's Capital Improvement Plan, the County shall forthwith issue its negotiable General Obligation Capital Improvement Plan Bonds, Series 2011 B (the "Bonds"), pursuant to Minnesota Statutes, Section 373.40 and Chapter 475. The Bonds shall be in the aggregate principal amount of $5,400,000, to be dated the date of delivery, bear interest at the rates per annum according to years of maturity set forth below, computed on the basis of a· 360-day year of twelve 30-day months, payable August 1, 2012, and semiannually thereafter on February 1 and August 1 in each year, and mature serially on February 1 in the years and amounts as follows: Year Amount Interest Rate 2013 $830,000 0.50% 2014 835,000 0.60 2015 840,000 0.80 2016 845,000 1.05 2017 850,000 1.25 2018 700,000 1.50 2019 500,000 1.75 All Bonds without option of prior payment. There has been presented to this Board a form of Escrow Agreement (the "Escrow Agreement") proposed to be entered into between the County and U.S. Bank National Association (the "Escrow Agent"). 3. 'The Bonds shall be payable as to principal upon presentation at the main office of Bond Trust Services· Corporation, as Registrar and Paying Agent, or at the offices of such other successor agents as the County may hereafter designate upon 60 days' mailed notice to the registered owners at their registered addresses. Interest shall be paid by check or draft of the Registrar mailed to the registered owners at their addresses shown on the registration books of the County on the 1st day of the month preceding each interest payment date. L OTC Board of Commissioners' Minutes November 29, 2011 Page 6 4. The Bonds, the Registrar's Certificate of Authentication and Registration and the form of assignment on the reverse side thereof shall be in substantially the following form: UNITED STATES OF AMERICA STATE OF MINNESOTA COUNTY OF OTTER TAIL No.R-__ _ $ ______ _ GENERAL OBLIGATION CAPITAL IMPROVEMENT PLAN BOND, SERIES 2011B Interest Rate Maturity Date Date of Original Issue ______ , 2011 Registered Owner: Principal Amount: CUSIP The County of Otter Tail, Minnesota, for value received, hereby promises to pay to the Registered Owner specified above, or registered assigns, without option of prior payment, the Principal Amount specified above on the Maturity Date specified above, upon the presentation and surrender hereof, and to pay to the Registered Owner hereof interest on such Principal Amount at the Interest Rate specified above from the Date of Original Issue, or the most recent interest payment date to which interest has been paid or duly provided for as specified below, on February 1 and August 1 of each year, commencing August 1, 2012, until said principal amount is paid. Principal is payable in lawful money of the United States of America at the office of Bond Trust Services Corporation, in Roseville, Minnesota, as Registrar or of a successor Registrar designated by the County, which designation shall be made upon notice of 60 days to the Registered Owners at their registered addresses. Interest is payable by check or draft mailed to the person in whose name this Bond is registered at the close of business on the 15th day of the month preceding each interest payment date (whether or not a business day) at the registered owner's address set forth on the registration books maintained by the Registrar. Any such interest not punctually paid or provided for will cease to be payable to the owner of record as of such regular record dates and such defaulted interest may be paid to the person in whose name this Bond shall be registered at the close of business on a special record date for the payment of such defaulted interest established by the Registrar. For the prompt and full payment of such principal and interest as the same become due, the full faith, credit and taxing powers of the County have been and are hereby irrevocably pledged. This Bond is one of an issue of Bonds in the aggregate principal amount of $5,400,000, all of like date and tenor except as to maturity, interest rate, and redemption privilege, issued pursuant to and in full conformity with the Constitution and Laws of the State of Minnesota, including Section 373.40, Minnesota Statutes, for the purpose of providing funds to implement a capital improvement plan and refund certain outstanding bonds of the Otter Tail County Housing and Redevelopment Authority. The Bonds of this issue' are payable primarily from taxes levied under the Resolution described below, and this Bond constitutes a general obligation of the County and to provide moneys for the prompt and full payment of said principal and interest as the same become due the full faith and credit of the County is hereby irrevocably pledged, and the County will levy additional ad valorem taxes on all taxable property in the County, if required for such purpose, without limitation as to rate or amount. OTC Board of Commissioners' Minutes November 29, 2011 Page 7 This Bond is transferable, as provided by the Resolution of the Board of County Commissioners authorizing the issuance of the Bonds of this series adopted November 29, 2011 (the "Resolution") only upon books of the County kept at the office of the Registrar by the Registered Owner hereof in person or by the Registered Owner's duly authorized attorney, upon surrender of this Bond for transfer at the office of the Registrar, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Registrar duly executed by, the Registered Owner hereof or the Registered Owner's duly authorized attorney, and, upon payment of any tax, fee or other governmental charge required to be paid with respect to such transfer, one or more fully registered Bonds of the series of the same principal amount, maturity and interest rate will be issued to the designated transferee or transferees. The Registered Owner of this Bond may be treated as the absolute owner hereof for all purposes. The Bonds of this series are issuable only as fully registered bonds without coupons in denominations of $5,000 or any integral multiple thereof not exceeding the principal amount maturing in any one year. As provided in the Resolution and subject to certain limitations therein set forth, the Bonds of this series are exchangeable for a like aggregate principal amount of Bonds of this series of a different authorized denomination, as requested by the Registered Owner or the Registered Owner's duly authorized attorney upon surrender thereof to the Registrar. IT IS HEREBY CERTIFIED AND RECITED that this Bond is issued by authority of and in strict accordance with Minnesota Statutes, Section 373.40, that all acts, conditions and things required by the Constitution and laws of the State of Minnesota to be done, to happen and to be performed precedent to and in the issuance of this Bond have been done, have happened and have been performed in regular and due form, time and manner as required by law and that this Bond, together with all other indebtedness of the County outstanding on the date of its issuance, does not exceed any constitutional or statutory limitation of indebtedness. This Bond shall not be valid or become obligatory for any purpose until the Certificate of Authentication and Registration hereon shall have been signed by the Registrar. IN WITNESS WHEREOF, Otter Tail County, Minnesota, by its Board of Commissioners, has caused this Bond to be executed in its behalf by the facsimile signature of the Chair and by the facsimile signature of the County Coordinator, all as of the Date of Original Issue specified above. OTTER TAIL COUNTY, MINNESOTA By ---~(~F~ac~s~im=ile"-"S~iq~n~a~t~ur~e~) ___ _ Chair Board of County Commissioners By (Facsimile Signature) County Coordinator OTC Board of Commissioners' Minutes November 29, 2011 Page 8 REGISTRAR'S CERTIFICATE OF AUTHENTICATION AND REGISTRATION This is one of the Bonds described in the within mentioned Resolution, and this Bond has been registered as to principal and interest in the name of the Registered Owner identified above. Dated: ASSIGNMENT BOND TRUST SERVICES CORPORATION, Bond Registrar By-------------- Authorized Signature FOR VALUE RECEIVED, the undersigned hereby sells, assigns and transfers unto the within Bond and all rights thereunder, and hereby irrevocably constitutes and appoints attorney to transfer the within Bond on the books kept for registration thereof, with full power of substitution in the premises. Dated: _________ _ Please Insert Social Security Number or Other Identifying Number of Assignee Signature Guaranteed: Signatures must be guaranteed by a national bank or trust company or by a brokerage firm having membership in one of the major stock exchanges. Notice: The signature to this assignment must correspond with the name as it appears on the face of this Bond in every particular, without alteration or any change whatever. 5. The Bonds shall be prepared in printed form under the direction of the County Coordinator and when so prepared shall be executed on behalf of the County by the manual or facsimile signature of the Chair and by the manual or facsimile signature of the County Coordinator. The Bonds shall not be valid for any purpose until authenticated by the Registrar. The Bonds initially issued hereunder shall be registered as of the date of delivery, and all Bonds issued in exchange therefor shall be registered as of such date, or, if issued after the first payment date, as of the most recent interest payment dale on which interest was paid or duly provided for. When the Bonds shall have been so prepared and executed, they shall be delivered to the purchaser by the County Coordinator or the Coordinator's designee(s) upon receipt of the purchase price and accrued interest and the signed legal opinion of Faegre & Benson LLP, as Bond Counsel, and the purchaser shall not be required to see to the proper application of the proceeds. OTC Board of Commissioners' Minutes November 29, 2011 Page 9 6. As long as any of the Bonds issued hereunder shall remain outstanding, the County shall maintain and keep at the office of the Registrar an office or agency for the payment of the principal of and interest on the Bonds, as in this Resolution provided, and for the registration and transfer of the Bonds, and shall also keep at the office of the Registrar books for such registration and transfer. Upon surrender for transfer of any Bond at the office of the Registrar with a written instrument of transfer satisfactory to the Registrar, duly executed by the registered owner or the owner's duly authorized attorney, and upon payment of any tax, fee or other governmental charge required to be paid with respect to such transfer, the County shall execute and the Registrar shall authenticate and deliver, in the name of the designated transferee or transferees, one or more fully registered Bonds of the same series and maturity date, of any authorized denominations of a like aggregate principal amount, maturity and interest rate. The Bonds, upon surrender thereof at the office of the Registrar, may at the option of the registered owner thereof be exchanged for an equal aggregate principal amount of Bonds of the same maturity date and interest rate of any authorized denominations. In all cases in which the privilege of exchanging Bonds or transferring fully registered Bonds is exercised, the County shall execute and the Registrar shall deliver Bonds in accordance with the provisions of this Resolution. For every such exchange or transfer of Bonds, whether temporary or definitive, the County or the Registrar may make a charge sufficient to reimburse it for any tax, fee or other governmental charge required to be paid with respect to such exchange or transfer, which sum or sums shall be paid by the person requesting such exchange or transfer as a condition precedent to the exercise of the privilege of making such exchange or transfer. Notwithstanding any other provision of this Resolution, the cost of preparing each new Bond upon each exchange or transfer, and any other expenses of the County or the Registrar incurred in connection therewith (except any applicable tax, fee or other governmental charge) shall be paid by the County. The County and the Registrar shall not be required to make any transfer or exchange of any Bonds during the fifteen (15) days next preceding any February 1 or August 1 interest payment date. 7. , Interest on any Bond which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the person in whose name that Bond (or one or more Bonds for which such Bond was exchanged) is registered at the close of business on the 1st day of the month of such interest payment date. Any inierest on any Bond which is payable, but is not punctually paid or duly provided for, on any interest payment date shall forthwith cease to be payable to the registered holder on the relevant regular record date solely by virtue of such holder having been such holder; and such defaulted interest may be paid by the County in any lawful manner, if, after notice given by the County to the Registrar of the proposed. payment pursuant to this paragraph, such payment shall be deemed practicable by the Registrar. Subject to the foregoing provisions of this paragraph, each Bond delivered under this Resolution upon transfer of or in exchange for or in lieu of any other Bond shall carry all the rights to interest accrued and unpaid, and to accrue, which were carried by such other Bond and each such Bond shall bear interest from such date that neither gain nor loss in interest shall result from such transfer, exchange or substitution. 8. As to any Bond, the County and the Registrar and their respective successors, each in its discretion, may deem and treat the person in whose name the same for the time being shall be registered as the absolute owner thereof for all purposes and neither the County nor the Registrar nor their respective successors shall be affected by any notice to the contrary. Payment of or on account of the principal of any such Bond shall be made only to or upon the order of the registered owner thereof, but such registration may be changed as above provided. All such payments shall be valid and effectual to satisfy and discharge the liability upon such Bond to the extent of the sum or sums so paid. OTC Board of Commissioners' Minutes November 29, 2011 Page 10 9. (a) For purposes of this paragraph 9, the following terms shall have the following meanings: "Beneficial Owner" shall mean, whenever used with respect to a Bond, the person recorded as the beneficial owner of such Bond by a Participant on the records of such Participant, or such person's subrogee. "Cede & Co." shall mean Cede & Co., the nominee of DTC, and any successor nominee of OTC with respect to the Bonds. "DTC" shall mean The Depository Trust Company of New York, New York. "Participants" shall mean those broker-dealers, banks and other financial institutions for which OTC holds Bonds as securities depository. "Representation Letter" shall mean the Blanket Letter of Representation from the County to OTC, which shall be executed in substantially the form on file. (b) The Bonds shall be initially issued as separate authenticated fully registered bonds, and one Bond shall be issued in the principal amount of each stated maturity of the Bonds. Upon initial issuance, the ownership of such Bonds shall be registered in the bond register of the County kept by the Registrar in the name of Cede & Co., as nominee of DTC. The Registrar and the County may treat OTC (or its nominee) as the sole and exclusive owner of the Bonds registered in its name for the purposes of payment of the principal of or interest on the Bonds, selecting the Bonds or portions thereof to be redeemed, giving any notice permitted or required to be given to registered owners of Bonds under this Resolution, registering the transfer of Bonds, and for all other purposes whatsoever; and neither the Registrar nor the County shall be affected by any notice to the contrary. Neither the Registrar nor the County shall have any responsibility or obligation to any Participant, any person claiming a beneficial ownership interest in the Bonds under or through DTC or any Participant, or any other person which is not shown on the registration books of the Registrar as being a registered owner of any Bonds, with respect to the accuracy of any records maintained by OTC or any Participant, with respect to the payment by DTC or any Participant of any amount with respect to the principal of or interest on the Bonds, with respect to any notice which is permitted or required to be given to owners of Bonds under this Resolution, with respect to the selection by DTC or any Participant of any person to receive payment in the event of a partial redemption of the Bonds, or with respect to any consent given or other action taken by DTC as registered owner of the Bonds. The Registrar shall pay all principal of and interest on the Bonds only to Cede & Co. in accordance with the Representation Letter, and all such payments shall be valid and effective to fully satisfy and discharge the County's obligations with respect to the principal of and interest on the Bonds to the extent of the sum or sums so paid. No person other than OTC shall receive an authenticated Bond for each separate stated maturity evidencing the obligation of the County to make payments of principal and interest. Upon delivery by OTC to the Registrar of written notice to the effect that DTC has determined to substitute a new nominee in place of Cede & Co., the Bonds will be transferable to such new nominee in accordance with subparagraph (e) hereof. (c) In the event the County determines that it is in the best interest of the Beneficial Owners that they be able to obtain Bond certificates, the County may notify DTC and the Registrar, whereupon DTC shall notify the Participants, of the availability through DTC of Bond certificates. In such event, the Bonds will be transferable in accordance with subparagraph (f) hereof. DTC may determine to discontinue providing its services with respect to the Bonds at any time by giving notice to the County and the Registrar and discharging its responsibilities with respect thereto under applicable law. In such event the Bonds will be transferable in accordance with subparagraph ( e) hereof. OTC Board of Commissioners' Minutes November 29, 2011 Page 11 (d) Notwithstanding any other provision of this Resolution apparently to the contrary, so long as any Bond is registered in the name of Cede & Co., as nominee of DTC, all payments with respect to the principal of and interest on such Bond and all notices with respect to such Bond shall be made and given, respectively, to DTC as provided in the Representation Letter. (e) The application of the terms of the Representation Letter to the Bonds is hereby confirmed. The Representation Letter incorporate by reference certain matters with respect to, among other things, notices, consents and approvals by registered owners of the Bonds and Beneficial Owners and payments on the Bonds. The Registrar shall have the same rights with respect to its actions thereunder as it has with respect to its actions under this Resolution. (f) In the event that any transfer or exchange of Bonds is permitted under subparagraph (b) or (c) hereof, such transfer or exchange shall be accomplished upon receipt by the Registrar from the registered owners thereof of the Bonds to be transferred or exchanged and appropriate instruments of transfer to the permitted transferee in accordance with the provisions of paragraph 6 hereof. 10. There is hereby created a special fund, to be known as the Capital Improvement Bonds, Series 2011 B Fund, for purpose of paying principal and interest on the Bonds, and in the event the principal of and interest upon the said Bonds shall become due and payable and there are insufficient moneys in said fund to pay such principal and interest, the County Treasurer is authorized and directed to pay said principal and interest from the general fund and thereafter to reimburse said general fund from collections of taxes levied pursuant hereto. The Escrow Agreement is hereby approved and shall be executed in substantially the form on file by the Chair and County Coordinator. The proceeds of the Bonds herein authorized shall be deposited with the Escrow Agent pursuant to the Escrow Agreement for the payment of principal and interest when due and the redemption price of the outstanding Lease Revenue Bonds of 2002 of the HRA when called for redemption on February 1, 2013. Any remaining proceeds may be used for any lawful purpose. 11. There is hereby levied upon all the taxable property in the County a direct annual ad valorem tax which shall be spread upon the tax rolls and collected as part of other general ad valorem taxes of the County in the years and amounts as follows: Levy Year Collection Year 2011 2012 2012 2013 2013 2014 2014 2015 2015 2016 2016 2017 2017 2018 Amount [105% of debt service] Said levy shall be irrepealable and the taxes so levied are irrevocably appropriated to the debt service fund, but the County reserves the right to reduce said levy from funds in the Capital Improvement Bonds, Series 2011 B Fund or other moneys in the manner and to the extent permitted by Minnesota Statutes, Section 475.61. It is hereby found and determined that the foregoing taxes, if collected in full, will produce at least five percent in excess of the amount needed to meet when due the payments of principal and interest on the Bonds; and the Bonds are general obligations of the County to which the full faith, credit and unlimited taxing powers of the County have been and are hereby pledged; and the Board of Commissioners shall levy additional general ad valorem taxes on all taxable property in the County, if necessary, to pay the principal of and interest on the Bonds when due. OTC Board of Commissioners' Minutes November 29, 2011 Page 12 12. The County Coordinator is authorized and directed to prepare and furnish to the purchaser and to the attorneys approving the Bonds, certified copies of all proceedings and records relating to the issuance of the Bonds, and to the right, power and authority of the County and its officers to issue the same, and said certified copies and certificates shall be deemed the representations of the County as to all matters stated therein. 13. The officers of the County are hereby authorized and directed to prepare and furnish to the Secretary of the Treasury a statement meeting the information reporting requirements of Section 149(e) of the Internal Revenue Code of 1986, as amended (the "Code"), by the 15th day of the second calendar month after the close of the calendar quarter in which the Bonds are issued. 14. The County shall not take or permit any action that would cause the Bonds to be "private activity bonds" within the meaning of Section 141 of the Code. In addition, the County shall make no investment of funds that would cause the Bonds to be "arbitrage bonds" within the meaning of Section 148 of the Code and regulations thereunder. The County Coordinator is authorized to make any elections available to the County under Section 148 of the Code and regulations thereunder. All terms used in this paragraph 14 shall have the meanings provided in the Code and regulations thereunder. 15. The County Coordinator shall register the Bonds in his office as required by law. 16. The Official Statement relating to the Bonds, on file with the County Coordinator and presented to this meeting, is hereby approved, and the County ratifies and confirms its designation of the Official Statement as a "near final" Official Statement for purposes of Rule 15c2-12 of the Securities and Exchange Commission and the furnishing thereof to prospective purchasers of the Bonds, insofar as the same relates to the Bonds and the sale thereof. The Continuing Disclosure Certificate included in the Official Statement is hereby approved and shall be executed and delivered in connection with the delivery of the Bonds to the Purchaser. 17. As provided by the Lease, the County Coordinator shall instruct the HRA to call the Lease Revenue Bonds of 2002 for prior redemption on February 1, 2013, and the HRA shall provide notice thereof as required by law and the terms thereof and enter into an escrow or similar agreement with the Paying Agent regarding application of the proceeds of the Bonds. 18. The Bonds are designated as qualified tax-exempt obligations for purposes of Section 265(b)(3) of the Code. The motion for the adoption of the foregoing resolution was duly seconded by Commissioner Johnson and upon vote being taken thereon the following voted in favor thereof: Froemming, Johnson, Huebsch, Rogness, Lindquist and the following voted against the same: None whereupon said resolution was declared duly passed and adopted. OTC Board of Commissioners' Minutes November 29, 2011 Page 13 General Obligation Bonds. Series 2012A Pursuant to due call and notice thereof, a meeting of the Board of Commissioners of Otter Tail County, Minnesota, was duly held at the County Courthouse in Fergus Falls, Minnesota, on Tuesday, November 29, 2011 at 1 :00 o'clock P.M. The following members were present: Froemming, Johnson, Huebsch, Rogeness, Lindquist and the following were absent: None The Chair announced that the meeting was convened for the purpose of considering proposals for the purchase of $4,780,000 General Obligation Bonds, Series 2012A. Proposals were submitted as shown in Exhibit A attached hereto. Commissioner Froemming introduced the following written resolution and moved its adoption: RESOLUTION AWARDING SALE OF $4,780,000 GENERAL OBLIGATION BONDS, SERIES 2012A, FIXING THE FORM AND SPECIFICATIONS THEREOF, PROVIDING FOR THEIR EXECUTION AND DELIVERY, AND PROVIDING FOR THEIR PAYMENT Otter Tail County Resolution No. 2011-67 BE IT RESOLVED by the Board of Commissioners of Otter Tail County, Minnesota, as follows: 1. The proposal of Robert W. Baird & Co. to purchase the $4,780,000 General Obligation Bonds, Series 2012A of the County is hereby found and determined to be a favorable proposal, and shall be and is hereby accepted, said proposal being to purchase Bonds maturing and bearing interest as set forth in paragraph 2 at a price of $4,743,146.45 plus accrued interest. 2. To provide funds for courthouse improvements under Minnesota Statutes, Section 375.18 and jail improvements under Minnesota Statutes, Section 641 .23, the County shall forthwith issue its negotiable General Obligation Bonds, Series 2012A (the "Bonds"), pursuant to Minnesota Statutes, Chapter 475. The Bonds shall be in the aggregate principal amount of $4,780,000, to be dated the date of delivery, bear interest at the rates per annum according to years of maturity set forth below, computed on the basis of a 360-day year of twelve 30-day months, payable August 1, 2012, and semiannually thereafter on February 1 and August 1 in each year, and mature serially on February 1 in the years and amounts as follows: Year 2019 2020 2021 2022 2023 2024 2025 Amount $ 170,000 435,000 585,000 595,000 625,000 1,155,000 1,215,000 Interest Rate 2.00% 2.00 2.00 2.20 2.35 2.50 2.65 Of the foregoing $3,505,000 shall be deemed to be courthouse bonds issued pursuant to Minnesota Statutes, Section 375.18 and $1,275,000 shall be deemed to be jail bonds issued pursuant to Minnesota Statutes, Section 641.23. With respect to the payment or redemption of Bonds, unless the County makes another allocation in writing, each payment of principal shall be deemed to have been allocated 73.3% to the reduction in the outstanding amount of courthouse bonds and 26.7% to the reduction in the outstanding amount of jail bonds. The courthouse bonds do not exceed 0.04030% of the market value of taxable property in the County. The jail bonds do not exceed 0.09671 % of the market value of taxable property in the County. OTC Board of Commissioners' Minutes November 29, 2011 Page 14 All Bonds maturing on or after February 1, 2022, are subject to redemption and prior payment in whole or in part in such order as the County may determine and by lot within a maturity at the option of the County on February 1, 2021, and any date thereafter at par and accrued interest. In the event of redemption by lot of Bonds of like maturity, the Bond Register shall assign to each Bond of such maturity then outstanding a distinctive number for each $5,000 of the principal amount of such Bonds and shall select by lot in the manner it determines the order of numbers, at $5,000 for each number, for all outstanding Bonds of like maturity. The order of selection of Bonds to be redeemed shall be the Bonds to which were assigned numbers so selected, but only so much of the principal amount of each Bond of a denomination of more than $5,000 shall be redeemed as shall equal $5,000 for each number assigned to it and so selected. The Bonds shall be numbered R-1 upwards in order of issuance or in such other order as the Registrar may determine and shall be in the denomination of $5,000 each or any integral multiple thereof not exceeding the amount maturing in any year. The Bonds shall be numbered R-1 upwards in order of issuance or in such other order as the Registrar may determine and shall be in the denomination of $5,000 each or any integral multiple thereof not exceeding the amount maturing in any year. 3. The Bonds shall be payable as to principal upon presentation at the main office of Bond Trust Services Corporation, as Registrar and Paying Agent, or at the offices of such other successor agents as the Gou nty may hereafter designate upon 60 days' mailed notice to the registered owners at their registered addresses. Interest shall be paid by check or draft of the Registrar mailed to the registered owners at their addresses shown on the registration books of the County on the 1st day of the month preceding each interest payment date. 4. The Bonds, the Registrar's Certificate of Authentication and Registration and the form of assignment on the reverse side thereof shall be in substantially the following form: No.R-__ _ Interest Rate Registered Owner: Principal Amount: UNITED STATES OF AMERICA STATE OF MINNESOTA COUNTY OF OTTER TAIL GENERAL OBLIGATION BOND, SERIES 2012A Maturity Date Date of Original Issue ______ , 2012 $ ______ _ CUSIP The County of Otter Tail, Minnesota, for value received, hereby promises to pay to the Registered Owner specified above, or registered assigns, without option of prior payment, the Principal Amount specified above on the Maturity Date specified above, upon the presentation and surrender hereof, and to pay to the Registered Owner hereof interest on such Principal Amount at the Interest Rate specified above from the Date of Original Issue, or the most recent interest payment date to which interest has been paid or duly provided for as specified below, on February 1 and August 1 of each year, commencing August 1, 2012, until said principal amount is paid. Principal is payable in lawful money of the United States of America at the office of Bond Trust Services Corporation, in Roseville, Minnesota, as Registrar or of a successor Registrar designated by the County, which designation shall be made upon notice of 60 days to the Registered Owners at their registered addresses. Interest is payable by check or draft mailed to the person in whose name this Bond is registered at the close of business on the 15th day of the month preceding each interest payment date (whether or not a business day) at the registered owner's address set forth on the registration books maintained by the Registrar. OTC Board of Commissioners' Minutes November 29, 2011 Page 15 Any such interest not punctually paid or provided for will cease to be payable to the owner of record as of such regular record dates and such defaulted interest may be paid to the person in whose name this Bond shall be registered at the close of business on a special record date for the payment of such defaulted interest established by the Registrar. For the prompt and full payment of such principal and interest as the same become· due, the full faith, credit and taxing powers of the County have been and are hereby irrevocably pledged. The Bonds of this series maturing on or after February 1, 2022, are subject to redemption at the option of the County, in whole or in part in such order as the County may determine and by lot within a maturity, on February 1, 2021, and any date thereafter at par and accrued interest. Thirty days' notice of prior redemption will be given by mail to the bank where the Bonds are payable and to the registered owners in the manner provided by Chapter 475, Minnesota Statutes. Any defect in mailing notice of redemption shall not affect the validity of the proceedings for redemption. Any Bond called for redemption, and for the payment of which moneys are set aside by the County on the redemption date, shall not bear interest after the redemption date, regardless of any delay in its presentation. This Bond is one of an issue of Bonds in the aggregate principal amount of $4,780,000, all of like date and tenor except as to maturity, interest rate, and redemption privilege, issued pursuant to and in full conformity with the Constitution and Laws of the State of Minnesota, including Sections 375.18 and 641 .23, Minnesota Statutes, for the purpose of providing funds for certain courthouse and jail improvements. The Bonds of this issue are payable primarily from taxes levied under the Resolution described below, and this Bond constitutes a general obligation of the County and to provide moneys for the prompt and full payment of said principal and interest as the same become due the full faith and credit of the County is hereby irrevocably pledged, and the County will levy additional ad valorem taxes on all taxable property in the County, if required for such purpose, without limitation as to rate or amount. This Bond is transferable, as provided by the Resolution of the Board of County Commissioners authorizing the issuance of the Bonds of this series adopted November 29, 2011 (the "Resolution") only upon books of the County kept at the office of the Registrar by the Registered Owner hereof in person or by the Registered Owner's duly authorized attorney, upon surrender of this Bond for transfer at the office of the Registrar, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Registrar duly executed by, the Registered Owner hereof or the Registered Owner's duly authorized attorney, and, upon payment of any tax, fee or other governmental charge required to be paid with respect to such transfer, one or more fully registered Bonds of the series of the same principal amount, maturity and interest rate will be issued to the designated transferee or transferees. The Registered Owner of this Bond may be treated as the absolute owner hereof for all purposes. The Bonds of this series are issuable only as fully registered bonds without coupons in denominations of $5,000 or any integral multiple thereof not exceeding the principal amount maturing in any one year. As provided in the Resolution and subject to certain limitations therein set forth, the Bonds of this series are exchangeable for a like aggregate principal amount of Bonds of this series of a different authorized denomination, as requested by the Registered Owner or the Registered Owner's duly authorized attorney upon surrender thereof to the Registrar. IT IS HEREBY CERTIFIED AND RECITED that this Bond is issued by authority of and in strict accordance with Minnesota Statutes, Sections 375.18 and 641.23, that all acts, conditions and things required by the Constitution and laws of the State of Minnesota to be done, to happen and to be performed precedent to and in the issuance of this Bond have been done, have happened and have been performed in regular and due form, time and manner as required by law and that this Bond, together with all other indebtedness of the County outstanding on the date of its issuance, does not exceed any constitutional or statutory limitation of indebtedness. OTC Board of Commissioners' Minutes November 29, 2011 Page 16 This Bond shall not be valid or become obligatory for any purpose until the Certificate of Authentication and Registration hereon shall have been signed by the Registrar. IN WITNESS WHEREOF, Otter Tail County, Minnesota, by its Board of Commissioners, has caused this Bond to be executed in its behalf by the facsimile signature of the Chair and by the facsimile signature of the County Coordinator, all as of the Date of Original Issue specified above. OTTER TAIL COUNTY, MINNESOTA By ---~(~Fa~c~s~im=ilese...:S~ig~n~a~tu~r~e~) ___ _ Chair Board of County Commissioners By (Facsimile Signature) County Coordinator REGISTRAR'S CERTIFICATE OF AUTHENTICATION AND REGISTRATION This is one of the Bonds described in the within mentioned Resolution, and this Bond has been registered as to principal and interest in the name of the Registered Owner identified above. Dated: __________ _ BOND TRUST SERVICES CORPORATION, Bond Registrar By---------------Authorized Signature ASSIGNMENT FOR VALUE RECEIVED, the undersigned hereby sells, assigns and transfers unto the within Bond and all rights thereunder, and hereby irrevocably constitutes and appoints __________ , attorney to transfer the within Bond on the books kept for registration thereof, with full power of substitution in the premises. Dated: _________ _ Please Insert Social Security Number or Other Identifying Number of Assignee Signature Guaranteed: Signatures must be guaranteed by a national bank or trust company or by a brokerage firm having membership in one of the major stock exchanges. Notice: The signature to this assignment must correspond with the name as it appears on the face of this Bond in every particular, without alteration or any change whatever. OTC Board of Commissioners' Minutes Novembe_r 29, 2011 Page 17 5. The Bonds shall be prepared in printed form under the direction of the County Coordinator and when so prepared shall be executed on behalf of the County by the manual or facsimile signature of the Chair and by the manual or facsimile signature of the County Coordinator. The Bonds shall not be valid for any purpose until authenticated by the Registrar. The Bonds initially issued hereunder shall be registered as of the date of delivery, and all Bonds issued in exchange therefor shall be registered as of such date, or, if issued after the first payment date, as of the most recent interest payment date on which interest was paid or duly provided for. When the Bonds shall have been so prepared and executed, they shall be delivered to the purchaser by the County Coordinator or the Coordinator's designee(s) upon receipt of the purchase price and accrued interest and the signed legal opinion of Faegre & Benson LLP, as Bond Counsel, and the purchaser shall not be required to see to the proper application of the proceeds. 6. As long as any of the Bonds issued hereunder shall remain outstanding, the County shall maintain and keep at the office of the Registrar an office or agency for the payment of the principal of and interest on the Bonds, as in this Resolution provided, and for the registration and transfer of the Bonds, and shall also keep at the office of the Registrar books for such registration and transfer. Upon surrender for transfer of any Bond at the office of the Registrar with a written instrument of transfer satisfactory to the Registrar, duly executed by the registered owner or the owner's duly authorized attorney, and upon payment of any tax, fee or other governmental charge required to be paid with respect to such transfer, the County shall execute and the Registrar shall authenticate and deliver, in the name of the designated transferee or transferees, one or more fully registered Bonds of the same series and maturity date, of any authorized denominations of a like aggregate principal amount, maturity and interest rate. The Bonds, upon surrender thereof at the office of the Registrar, may at the option of the registered owner thereof be exchanged for an equal aggregate principal amount of Bonds of the same maturity date and interest rate of any authorized denominations. In all cases in which the privilege of exchanging Bonds or transferring fully registered Bonds is exercised, the County shall execute and the Registrar shall deliver Bonds in accordance with the provisions of this Resolution. For every such exchange or transfer of Bonds, whether temporary or definitive, the County or the Registrar may make a charge sufficient to reimburse it for any tax, fee or other governmental charge required to be paid with respect to such exchange or transfer, which sum or sums shall be paid by the person requesting such exchange or transfer as a condition precedent to the exercise of the privilege of making such exchange or transfer. Notwithstanding any other provision of this Resolution, the cost of preparing each new Bond upon each exchange or transfer, and any other expenses of the County or the Registrar incurred in connection therewith (except any applicable tax, fee or other governm·ental ·charge) shall be paid by the County. The County and the Registrar shall not be required to make any transfer or exchange of any Bonds during the fifteen (15) days next preceding any February 1 or August 1 interest payment date. ; 7. Interest on any Bond which is payable, and is punctually paid or duly provided for, on any interest payment dale shall be paid to the person in whose name that Bond (or one or more Bonds for which such Bond was exchanged) is registered at the close of business on the 1st day of the month of such interest payment date. Any interest on any Bond which is payable, but is not punctually paid or duly provided for, on any interest payment date shall forthwith cease to be payable to the registered holder on the relevant regular record date solely by virtue of such holder having been such holder; and such defaulted interest may be paid by the County in any lawful manner, if, after notice given by the County to the Registrar of the proposed payment pursuant to this paragraph, such payment shall be deemed practicable by the Registrar. Subject to the foregoing provisions of this .paragraph, each Bond delivered under this Resolution upon transfer of or in exchange for or in lieu of any other Bond shall carry all the rights to interest accrued and unpaid, and to accrue, which were carried by such other Bond and each such Bond shall bear interest from such date that neither gain nor loss in interest shall result from such transfer, exchange or substitution. OTC Board of Commissioners' Minutes November 29, 2011 Page 18 8. As to any Bond, the County and the Registrar and their respective successors, each in its discretion, may deem and treat the person in whose name the same for the time being shall be registered as the absolute owner thereof for all purposes and neither the County nor the Registrar nor their respective successors shall be affected by any notice to the contrary. Payment of or on account of the principal of any such Bond shall be made only to or upon the order of the registered owner thereof, but such registration may be changed as above provided. All such payments shall be valid and effectual to satisfy and discharge the liability upon such Bond to the extent of the sum or sums so paid. 9. (a) For purposes of this paragraph 9, the following terms shall have the following meanings: "Beneficial Owner" shall mean, whenever used with respect to a Bond, the person recorded as the beneficial owner of such Bond by a Participant on the records of such Participant, or such person's subrogee. "Cede & Co." shall mean Cede & Co., the nominee of OTC, and any successor nominee of OTC with respect to the Bonds. "OTC" shall mean The Depository Trust Company of New York, New York. "Participants" shall mean those broker-dealers, banks and other financial institutions for which OTC holds Bonds as securities depository. "Representation Letter" shall mean the Blanket Letter of Representation from the County to OTC, which shall be executed in substantially the form on file. (b) The Bonds shall be initially issued as separate authenticated fully registered bonds, and one Bond shall be issued in the principal amount of each stated maturity of the Bonds. Upon initial issuance, the ownership of such Bonds shall be registered in the bond register of the County kept by the Registrar in the name of Cede & Co , as nominee of OTC. The Registrar and the County may treat OTC (or its nominee) as the sole and exclusive owner of the Bonds registered in its name for the purposes of payment of the principal of or interest on the Bonds, selecting the Bonds or portions thereof to be redeemed, giving any notice permitted or required to be given to registered owners of Bonds under this Resolution, registering the transfer of Bonds, and for all other purposes whatsoever; and neither the Registrar nor the County shall be affected by any notice to the contrary. Neither the Registrar nor the County shall have any responsibility or obligation to any Participant, any person claiming a beneficial ownership interest in the Bonds under or through OTC or any Participant, or any other person which is · not shown on the registration books of the Registrar as being a registered owner of any Bonds, with respect to the accuracy of any records maintained by OTC or any Participant, with respect to the payment by OTC or any Participant of any amount with respect to the principal of or interest on the Bonds, with respect to any notice which is permitted or required to be given to owners of Bonds under this Resolution, with respect to the selection by OTC or any Participant of any person to receive payment in the event of a partial redemption of the Bonds, or with respect to any consent given or other action taken by OTC as registered owner of the Bonds. The Registrar shall pay all principal of and interest on the Bonds only to Cede & Co. in accordance with the Representation Letter, and all such payments shall be valid and effective to fully satisfy and aischarge the County's obligations with respect to the principal of and interest on the Bonds to the extent of the sum or sums so paid. No person other than OTC shall receive an authenticated Bond for each separate stated maturity evidencing the obligation of the County to make payments of principal and interest. Upon delivery by OTC to the Registrar of written notice to the effect that OTC has determined to substitute a new nominee· ih place of Cede & Co., the Bonds will be transferable to such new nominee in accordance with subparagraph (e) hereof. OTC Board of Commissioners' Minutes November 29, 2011 Page 19 (c) In the event the County determines that it is in the best interest of the Beneficial Owners that they be able to obtain Bond certificates, the County may notify OTC and the Registrar, whereupon OTC shall notify the Participants, of the availability through OTC of Bond certificates. In such event, the Bonds will be transferable in accordance with subparagraph (f) hereof. OTC may determine to discontinue providing its services with respect to the Bonds at any lime by giving notice to the County and the Registrar and discharging its responsibilities with respect thereto under applicable law. In such event the Bonds will be transferable in accordance with subparagraph (e) hereof. (d) Notwithstanding any other provision of this Resolution apparently to the contrary, so long as any Bond is registered in the name of Cede & Co., as nominee of OTC, all payments with respect to the principal of and interest on such Bond and all notices with respect to such Bond shall be made and given, respectively, to OTC as provided in the Representation Letter. (e) The application of the terms of the Representation Letter to the Bonds is hereby confirmed. The Representation Letter incorporate by reference certain matters with respect to, among other things, notices, consents and approvals by registered owners of the Bonds and Beneficial Owners and payments on the Bonds. The Registrar shall have the same rights with respect to its actions thereunder as it has with respect to its actions under this Resolution. (f) In the event that any transfer or exchange of Bonds is permitted under subparagraph (b) or (c) hereof, such transfer or exchange shall be accomplished upon receipt by the Registrar from the registered owners thereof of the Bonds to be transferred or exchanged and appropriate instruments of transfer to the permitted transferee in accordance with the provisions of paragraph 6 hereof. 10. There is hereby created a special fund, to be known as the General Obligation Bonds, Series 2012A Fund, for purpose of paying principal and interest on the Bonds, and in the event the principal of and interest upon the said Bonds shall become due and payable and there are insufficient moneys in said fund to pay such principal and interest, the County Treasurer is authorized and directed to pay said principal and interest from the general fund and thereafter to reimburse said general fund from collections of taxes levied pursuant hereto. Any remaining proceeds may be used for any lawful purpose. 11. There is hereby levied upon all the taxable property in the County a direct annual ad valorem tax which shall be spread upon the tax rolls and collected as part of other general ad valorem taxes of the County in the years and amounts as follows: Levy Year Collection Year 2011 2012 2012 2013 2013 2014 2014 2015 2015 2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 2021 2021 2022 2022 2023 2023 2024 Amount [To be completed at 105% of debt Service) Said levy shall be irrepealable and the taxes so levied are irrevocably appropriated to the debt service fund, but the County reserves the right to reduce said levy from funds in the Capital Improvement Bonds, Series 2012A Fund or other moneys in the manner and to the extent permitted by Minnesota Statutes, Section 475.61. OTC Board of Commissioners' Minutes November 29, 2011 Page 20 It is hereby found and determined that the foregoing taxes, if collected in full, will produce at least five percent in excess of the amount needed to meet when due the payments of principal and interest on the Bonds; and the Bonds are general obligations of the County to which the full faith, credit and unlimited taxing powers of the County have been and are hereby pledged; and the Board of Commissioners shall levy additional general ad valorem taxes on all taxable property in the County, if necessary, to pay the principal of and interest on the Bonds when due. 12. The County Coordinator is authorized and directed to prepare and furnish to the purchaser and to the attorneys approving the Bonds, certified copies of all proceedings and records relating to the issuance of the Bonds, and to the right, power and authority of the County and its officers to issue the same, and said certified copies and certificates shall be deemed the representations of the County as to all matters stated therein. 13. The officers of the County are hereby authorized and directed to prepare and furnish to the Secretary of the Treasury a statement meeting the information reporting requirements of Section 149(e) of the Internal Revenue Code of 1986, as amended (the "Code"), by the 15th day of the second calendar month after the close of the calendar quarter in which the Bonds are issued. 14. The County shall not take or permit any action that would cause the Bonds to be "private activity bonds" within the meaning of Section 141 of the Code. In addition, the County shall make no investment of funds that would cause the Bonds to be "arbitrage bonds" within the meaning of Section 148 of the Code and regulations thereunder. The County Coordinator is authorized to make any elections available to the County under Section 148 of the Code and regulations thereunder. All terms used in this paragraph 14 shall have the meanings provided in the Code and regulations thereunder. 15. The County Coordinator shall register the Bonds in his office as required by law. 16. The Official Statement relating to the Bonds, on file with the County Coordinator and presented to this meeting, is hereby approved, and the County ratifies and confirms its designation of the Official Statement as a "near final" Official Statement for purposes of Rule 15c2-12 of the Securities and Exchange Commission and the furnishing thereof to prospective purchasers of the Bonds, insofar as the same relates to the Bonds and the sale thereof. The Continuing Disclosure Certificate included in the Official Statement is hereby approved and shall be executed and delivered in connection with the delivery of the Bonds to the Purchaser. The motion for the adoption of the foregoing resolution was duly seconded by Commissioner Rogness and upon vote being taken thereon the following voted in favor thereof: Froemming, Johnson, Huebsch, Rogness, Lindquist and the following voted against the same: None whereupon said resolution was declared duly passed and adopted. Dated: _ _,{.ca,al...ilctb.,3CJ/-"«'1o.,_,lctl ___ _ r , OTTER TAI COUNTY By: ~~~-!Y.::,~.J..;:_~~~.!.Jd'.L;-,......,--- Keys to lnnervision Program OTC Board of Commissioners' Minutes November 29, 2011 Page 21 Motion by Johnson, second by Froemming and unanimously carried to authorize the chairman's signature on the agreement with Lakeland Mental Health Center, Inc. for a multi-system adolescent chemical dependency program. The Keys to lnnervision program agreement is effective for January 1, 2012 to December 31, 2012. CONSOIDATION OF AUDITOR AND TREASURER Otter Tail County Resolution #2011-65 WHEREAS, Otter Tail County is updating its structure with the goal to create an organization that will best serve the public and is efficient and cost-effective for the taxpayers; and WHEREAS, Structural reorganization can streamline services, reduce administrative overhead, and increase the ability to provide customer-friendly services, changes include consolidation of departments, cross-training of personnel, and utilization of staff across two or more departments, and the citizens of Otter Tail County deserve an organization that is understandable to the public and fulfills the mission of providing government in an affordable and cost efficient manner; and WHEREAS, Minnesota Statute 375A.10 provides that the County Board, with the concurrence of 80 percent of its members, consolidate the offices of county auditor and treasurer; and WHEREAS, Most counties have already moved away from having these offices separate; and WHEREAS, When the combined office is to be elective, a referendum under Minnesota Statute 375A.12 is necessary only if the county board requires a referendum, or a referendum is required by a petition of a number of voters equal to ten percent of those voting in the county at the last general election that is received by the county auditor within 30 days after the second publication of the board resolution that orders the combination. WHEREAS, The consolidated office of Otter Tail County Auditor-Treasurer will be elective, and the County Board does not require a referendum; and WHEREAS, The County Board finds that it is in the conformity with the reorganization plan, and in the best interests of the county, to consolidate the offices of auditor and treasurer. NOW, THEREFORE, BE IT HEREBY RESOLVED: 1, That effective January, 2015, the offices of auditor and treasurer are consolidated. 2, The office shall be known as the office of Auditor-Treasurer. 3, That the office of treasurer will be terminated for the purpose of electing a single office of auditor-treasurer in 2014. 4. The duties, functions and responsibilities which have been heretofore and which shall hereafter be required by statute to be performed by the county auditor and the county treasurer shall be vested in and performed by the auditor-treasurer without diminishing, prohibiting or avoiding those specific duties required by statute to be performed by the county auditor and the county treasurer. 5, The persons last elected to the positions of auditor and treasurer before adoption of this resolution shall serve in those offices and perform the duties of those offices until the completion of the terms to which they were elected. OTC Board of Commissioners' Minutes November 29, 2011 Page 22 Upon the motion of Huebsch , seconded by Johnson, and upon a unanimous vote, the above resolution was passed on the 29th day of November, 2011. Dated: If,. /1,3 /~01/ OTTER TAIL COUNTY r{c;).RD OF COMMISSIONERS ', By: ~~ / Lindquist, Board of Co · issioners Chair Attest: Lakes Country Service Cooperative Board of Directors Vote Motion by Froemming, second by Johnson and unanimously carried to cast a unanimous vote for the two nominees for Lakes County Board of Directors. The nominees are Hal Leland, Mayor of Fergus Falls and Douglas Huebsch, Otter Tail County Commissioner. Commissioner Lindquist called for a roll call vote as follows: Board of County Commissioners Roger Froemming Wayne D. Johnson Doug Huebsch Leland R. Rogness John Lindquist YEA X X X X X NAY Licenses Approval ABSENT ABSTAIN Motion by Froemming, second by Johnson and unanimously carried to approve the following applications for license: Elizabeth General Store Tobacco 102 W Broadway Elizabeth, MN 56533 Erhard Municipal Liquor Store 622 Fergus Ave Erhard, MN 56534 Larry's Foods 102 Gilbertson St Battle Lake, MN 56515 Underwood Oil, Inc. 29346 State Highway 210 Underwood, MN 56586 Wagon Wheel of Richville, LLC 101 Main St S Richville, MN 56576 Tobacco Tobacco Tobacco Tobacco Liquor License Transfer Request Motion by Huebsch, second by Johnson, and unanimously carried to authorize the transfer of the Stalker Lake Golf Course liquor license to the new owners, pending approval of the Attorney's and Sheriff's Offices. Payment Approval OTC Board of Commissioners' Minutes November 29, 2011 Page 23 Motion by Johnson , second by Lindquist and unanimously carried, as recommended by the Otter Tail County Highway Department, to approve payment in the amount of $444.87 from the Capital Improvement Fund (Phelps Mill Account) to Kadrmas, Lee and Jackson, Inc. for design engineering service provided for the Historic Phelps Mill Bridge Restoration project (S.P. 56-090-07). Agreement with University of MN Extension Motion by Huebsch , second by Froemming, and unanimously carried to approve an agreement between the University of Minnesota and Otter Tail County for providing Extension programs locally and Employing Extension Staff for the Term beginning on January 1, 2012 and ending on December 31, 2012, subject to review and approval of David Hauser, County Attorney. Payment Approval Motion by Rogness, second by Johnson and unanimously carried, to approve payment in the amount of $1,486.14, for the General Revenue Fund to MFRA, Inc. for professional services provided through October 31, 2011 for services performed related to drainage issues at the CARE facility. Public Hearing Date Motion by Huesbch, second by Froemming, and unanimously carried to hold a Public Hearing regarding the redetermination of benefits on County Drainage Systems No. 41 and No.65 on January 9, 2012 at 7 p.m. in the County Office Building in New York Mills. Special Needs Basic Care Plan Motion by Huebsch, second by Rogness and unanimously carried to authorize Otter Tail County Human Services and Public Health Departments to initiate contract negotiations with Medica for the purpose of providing SNBC Coordination Services to eligible county residents. Human Services Contract Motion by Froemming, second by Lindquist, and unanimously carried to authorize the appropriate County Officials' signatures to execute the following Purchase of Service Agreements with Otter Tail County Human Services: Effective Targeted Amount of Contract & Agency Program Date Population Funding Source 01-01-12 Children who have $352.49 per unit -County of Catholic Charities Intensive Treatment through severe emotional Financial Responsibility 12-31-12 disturbance 01-01-12 Persons with $352.49 per unit -County of West Central Semi-Independent Living Through Mental Financial Responsibility Community Services Skills 12-31-13 Retardation or related conditions Minnesota State 01-01-12 Persons with Per State Rate Schedule; Operated Waivered Services Through Mental State Waiver Dollars and MA Community Services 12-31-13 Retardation or (MSOCS) related conditions Human Service Bill & Claims Motion by Johnson, second by Lindquist and unanimously carried to approve the Human Services Bills and Claims as presented. OTC Board of Commissioners' Minutes November 29, 2011 Page 24 Staffing Request Motion by Lindquist, second by Rogness and unanimously carried to authorize the Sheriff to hire one full time Dispatcher that will be open due to a retirement and to establish an eligibility list for part time Dispatchers. RESOLUTION DESIGNATING COUNTY STATE AID HIGHWAY LOCATION County State Aid Highway No. 34 Otter Tail County Resolution No. 2011-68 Upon a motion by Huebsch. seconded by Johnson and unanimously carried, the following resolution was adopted: WHEREAS, it appears to the County Board of Commissioners of the County of Otter Tail that the highway right of way required for County State Aid Highway No. 34 under Project No. S.A.P. 056-634-01 O should be accurately described and located by a highway right of way plat. NOW, THEREFORE, BE IT RESOLVED by the County Board of Commissioners of the County of Otter Tail that the Board of County Commissioners for the County of Otter Tail is hereby designating the definite location of County State Aid Highway No. 34, from Trunk Highway 10 East to County State Aid Highway 80, located in Sections 9, 10, 15 & 16 in Township 136 North, Range 39 West of the 5th Principal Meridian as shown on the OTTER TAIL COUNTY HIGHWAY RIGHT OF WAY PLAT NO. 23. Dated: Out of State Travel Motion by Rogness, second by Lindquist, and unanimously carried to approve the attendance of the Highway Engineer at the annual Transportation Research Board conference in Washington D.C. scheduled for January 22-25, 2012. All expenses will be paid by the Transportation Research Board. Lake Elevation Update Highway Engineer, Rick West provided a chart with current and past lake elevations of Iverson Lake, Lake Olaf, Oscar Lake, Johnson Lake, and South Turtle Lake. Discussion followed. Tuition Assistance Motion by Rogness, second by Johnson, and unanimously carried to approve a Tuition Assistance Agreement between the County of Otter Tail and Highway Department employee Kevin Fellbaum as presented by the Highway Engineer. Final Payment Motion by Johnson, second by Rogness, and unanimously carried to approve Final Payment per Final Estimate No. 4, in the amount of $33,191.29, payable to Traffic Marking Service Inc. for completion of the Highway Safety Improvement Project (S.P.088-070-024). Ditch #70 OTC Board of Commissioners' Minutes November 29, 2011 Page 25 Ditch Inspector , Randy Wasvick presented a map of Ditch #70 and pictures of the area where Ditch #70 flows out of Sewell Lake. The area where Ditch #70 flows out of Sewell Lake is severely washed out and in need of repair. A lengthy discussion followed. A motion was offered by Johnson, seconded by Huebsch and unanimously carried to authorize the Ditch Inspector to have the area repaired by rip rapping the overflow area to mitigate and prevent further erosion. Property Owner, Brian Fronning, stated he was not in favor of this decision. Recess & Reconvene At 3:20 p.m., Chairman Lindquist declared the meeting of the Otter Tail County Board of Commissioners recessed for a short break. The meeting was reconvened at 3:26 p.m. Closed to the Public At 3:26 p.m., Chairman Lindquist declared the meeting of the Board of Commissioners closed to the public for purposes of discussing labor negotiation strategies relative to the Human Services and Facilities Operations Collective Bargaining Unions. Present were all five seated Commissioners, County Administrator, County Attorney, Human Service Director, Public Health Director and Acting Board Secretary. Upon conclusion of the closed session, Chairman Lindquist declared the Board of Commissioners' meeting open to the public at 4:11 p.m. Adjournment At 4:12 p.m., Chairman Lindquist declared the meeting of the Otter Tail County Board of Commissioners adjourned until 9:30 a.m. on Tuesday, December 13, 2011. Dated: _.Jeli?.'11--/ 1,...,3,_1,_,/ <1"'0"'-'-1/'-----OTTER TAI OUNTY COMMISSIONERS By: -"!'"'s--'SL..-"--"-"'~-b-""-'~'-"'"'-+,.=-'-""""'-:c:--,--Lindquist, Bo air Attest: CB/kc OTC Board of Commissioners' Minutes November 29, 2011 Attachment A, Page 1 Vendor Name Warrants Approved on 11/29/2011 Amount Aft'illaled Computer Senires ,\lJTO TRIM DF-~IGN & Gl..\SS Ballard Sanitalion Inc Rattle l;ike 1\u10 Parts B,•yer Rody Shop Inc Broadblast Inc CDW (;,w"rnment Inc Central Lakes Restauram Supply Ill ,\kx Central Spedalties Inc Certified Auto Repair Citizens Advncalt' Cline/Gordon C:0 OP Services Inc Code •I Services Uc College Way Auto Inc Coopt~rs T,~chnology Group Cl IUJGAN OF \\'ADENA Clf\lMINS NPOWER UL Dacotah Papc•r Cnmpany Denzel's Region Wastf'. Inc Dex East Farnam·~ c;enuine Parts Inc FNgus Falls Daily Journal Fergus Falls/City or Flod,·n /Rrent FSH Communications 11.C G & K St·nices G & R Controls Galls An Aramark Compan1 Godfathers Exterminating lrK Grainger lnr Hedahls Hl'adquarters Help s1·s1cms II. U.C Henning Ambulance High Plains Technology Hobart Sales & Sc,n ice lndep,'ndent Tlw JK Sports K & K Trnck & ,\uto Repair K{•lly Sen·iet•s Inc KEY C,O\'fRNME!\1 FINANCE INC Knutson Electric lh,buil<lin~ 9.084.38 96.75 331.00 14.94 235.31 1.884.34 8,058.95 185. 19 1,000 00 497 .27 7,205.66 74.13 29.73 2.874.90 260.64 4.091.03 156.57 1.914 87 198.93 187 20 21.48 257.56 227.80 3,762 00 101.34 64.13 970.04 1.938.00 436.68 123 98 213.98 20.48 534,37 350.00 212.68 480.54 91.00 640.00 200.39 1.633 75 8.788. 78 705.98 1.ake Region Healthcare Corp Lakes ,\rea Cooperative Larry 011 Inc Truck Servin, Lillle Falls Machin(' Inc 1,ica1ors & Supplles Inc l\lan..:o Inc St Loujs Mid-Cerllral Equipnwnl Inc Midwesl Tesling l.abora1nr, ~!id1;estern Mat Renlal & Supply Co Minnkota MN Motor Company Mn Office Of FJllerpnse Tl'du,olog~ MN Vh,wers Assodation MOCIC Motorola Napa Fcri,;us Falls National Pt'n Corporation Nelson Bros Prtnling Nova Fire Protection Ol'fict~max Incorporated Olson/Gary One Call Locators Ltd Ott,,r Electric ll.C OI !er Tail Co Treasun,r Ot1er1all Aggn~gatr· (l!lerlall Trucking Inc Pace ,•\nalytical St!rvice., Inc Park Region Co Op !'£LEMAN INDUSTRIES Penrose Oil Company Picchiartnl / Marco PHne~" Bowes PRO SWEEP INC l'roductive Alternatives Inc ()uartermastt'.r ( )uill Corporation Ra,··s Oil ('n,11µan1· RDO EQl flPMF1,T RDO Trusl #80-b I :lli Rdianre Telephmw Rencv .. ·able Ri::s.ource Consultants Uc Re,·il'.\V Enterµrises In( OTC Board of Commissioners' Minutes November 29, 2011 Attachment A, Page 2 450.00 2,797 66 1,620.00 74.58 325.69 882 04 40.44 465.00 84.48 54.00 64.72 1.200.00 140.00 350.00 6,180.85 27 53 152.90 319.08 750.00 86.11 70.00 285.38 1.433.02 2,045.00 726. 76 9.432.00 4,680.00 37 .41 915.00 3,552.91 96.75 1,435.00 1 75.00 165.92 73.88 175.30 1.411.92 1.388.31 90.98 37.99 25,875.33 7,210.03 OTC Board of Commissioners' Minutes November 29, 2011 Attachment A, Page 3 Safelik Fulfillment Inc SECRETARY OF STATE Seh Inc Ser.1ce Food Super Valu Sherburn,' Co Sheriff Shnrl FJ!iott llendrickson Inc . SH1JL TZ & ASSOCIATF_<; LTD Slmp1,,xG1innell Smith;Gene Sirin/Wayne Steins Inc Sterling Solutions Inc . Streichers Summit Fin' Prote<:tiori Sunrise Equipment Inc ThDA Towmas.tt!r Tranquility Building Seniccs Tri-Slate rn,ing I lnifnrms I lnlirnited VAU.EY ~!ORTI,.,\RY SERVICFS Veoha fJlvironmencal Servictis VFW P()ST (i I :2 Victor I mrdeen Company Vision Solutimis Inc Wadena Asphall Inc ll'as,ick/Randr Wells Road Grading West Payment Center Ziegler lnr Final Total: 187. 72 120.00 4,177.50 11 28 35.50 55,060.35 8,878.42 7.572.95 16.48 140 85 2.427.94 700.00 828.46 350.00 25.245, 72 1,700.48 293.45 454.22 21.07 40.85 381.50 8.802.40 14000 1.438.13 3.336.43 20,318.01 12.63 560.00 818.87 817. 76 282.424.69