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19-082CITY OF SHOREWOOD RESOLUTION NO. 19 -082 A RESOLUTION APPROVING PUBLICATION OF ORDINANCE NO. 569 BY TITLE AND SUMMARY WHEREAS, at a duly called meeting on August 26, 2019, the City Council of the City of Shorewood adopted Ordinance No. 569 entitled "AN ORDINANCE ADOPTING AN AMENDMENT TO CHAPTERS 900, 1201 AND 1202 OF THE CITY CODE TO REMOVE BONDS AS AN ACCEPTABLE FINANCIAL GUARANTEE ", and, WHEREAS, The City Council has adopted a lengthy ordinance amending City Code sections 901.01, 901.08, 901.24, 903.04, 904.08, 1201.04, 1201.19 1201.22, AND 1202.07 to remove bonds as an acceptable financial guarantee and replace with letters of credit or cash deposits and to provide housekeeping amendments. The purpose of this summary is to inform the public of the intent and effect of the ordinance but to publish only a summary of the ordinance with the full ordinance being on file in the office of the City Clerk during regular office hours; NOW THEREFORE, IT IS HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF SHOREWOOD: The City Council finds that the above title and summary of Ordinance No. 569 clearly informs the public of the intent and effect of the Ordinance. 2. The City Clerk is directed to publish Ordinance No. 569 by title and summary, pursuant to Minnesota Statutes, Section 412.191, Subdivision 4. Such summary is to be substantially the same as the attached form. 3. A full copy of the Ordinance is available at Shorewood City Hall and on the city's website. ADOPTED by the Shorewood City Council on this 26th day of August, 2019. ATTEST: S Zerby, MaOiar Sandie Thone, City Clerk