HomeMy WebLinkAbout6337 - ADMIN Resolution - City Council - 1979/08/20Q
RESOLUTION NO. 6337
AUGUST 20, 1979
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RESOLUTION CALLING FOR
PUBLIC HEARING PURSUANT TO MINNESOTA
STATUTES, SECTION 474.01, SUBD. 7b
WHEREAS, a proposal has been made to this Council by
Leland E. Gottstein (the "Borrower"), to undertake a project (the
"Project") pursuant to the Minnesota Municipal Industrial Development
Act, Minnesota Statutes, Chapter 474 (the "Act"); and
WHEREAS, the Project consists of the acquisition of land
in the City and the construction thereon of a building to be used
as an office and warehouse facility, to be owned by the Borrower;
and
WHEREAS, Section 474.01, Subd. 7b, of the Act requires
this Council to conduct a public hearing on said proposal and to
publish notice of said public hearing not less than 15 days nor
more than 30 days prior to the date fixed for the hearing; and
WHEREAS, the Borrower has delivered to this Council a
draft copy of a proposed application to the Minnesota CommLssioner
of Securities, together with all attachments and exhibits thereto,
and said application, attachments and exhibits will be placed on
Ifile with the City Clerk upon publication of said notice;
NOW, THEREFORE, BE IT RESOLVED that:
1. A public hearing shall be conducted by this Council
on the proposal to undertake and finance the Project on September 17,
1979, at the City Hall, at which hearing all parties who appear
shall be given an opportunity to express their views with respect
to said proposal; and
2. Notice of the time and place of hearing, and stating
the general nature of the Project and an estimate of the principal
amount of bonds or other obligations to be issued to finance the
Project shall be published at least once not less than 15 days nor
more than 30 days prior to the date fixed for the hearing, in the
official newspaper and a newspaper of general circulation of the
City. The notice shall state that a draft copy of the proposed
application to the Minnesota Commissioner of Securities, together
with all attachments and exhibits thereto, shall be available for
public inspection following the publication of such notice and shall
specify the place and times where and when it will be so available.
Adopted by the City Co,ncil August 20 1979.
Reviewed fo inistration:
l
Cit Manager
Approved as to form and legality:
City Attorney