HomeMy WebLinkAbout6285 - ADMIN Resolution - City Council - 1979/06/18JUNE 18, 1979
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RESOLUTION NO. 6285
RESOLUTION CALLING PUBLIC HEARING ON PROPOSAL
WHEREBY CONSTRUCTION OF AN OFFICE/RETAIL/
WAREHOUSE FACILITY WOULD BE FINANCED BY THE
ISSUANCE OF MUNICIPAL INDUSTRIAL DEVELOP-
MENT REVENUE BONDS
WHEREAS, the City of St. Louis Park is authorized by the provisions
of law (Section 1, Subd. 7, Chapter 474) to issue and sell its industrial
development revenue bonds to finance in whole or in part the cost of
industrial development; and
WHEREAS, Fred G. Anderson, Inc., has submitted to the City Council
a proposal that the City issue such revenue bonds in aid of such project;
therefore,
BE IT RESOLVED by the City Council of St. Louis Park as follows:
1) The City Council shall meet on July 16, 1979, at 7:30 p.m.,
to conduct a public hearing on the proposal of Fred G. Anderson,
Inc., that the City issue and sell its industrial development
revenue bonds to finance an office, retail and warehouse faci-
lity at 5825 Excelsior Boulevard, of approximately 60,000 square
feet for an estimated cost of $2.5 million.
2) The City Clerk is authorized and directed to cause
published notice of such hearing in the manner provided by
law.
Adopted by the City Counci June 18, 1979.
A est:
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City Clerk
eview
d for a
Mayo
tration: Approved as to form and legality:
nager
City ttorney