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HomeMy WebLinkAbout7098 - ADMIN Resolution - City Council - 1982/04/05f April 5, 1982 8f RESOLUTION NO. 7098 RESOLUTION CALLING FOR PUBLIC HEARING PURSUANT TO MINNESOTA STATUTES, SECTION 474.01, SUBD. 7b WHEREAS, a proposal has been made to this Council by Thomas Perbix and associates (the "Borrower") and Perbix Machine Company, Inc., a Minnesota corporation (the "Company"), to under- take 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 a building suitable for manufacturing and the construction of improvements thereto; 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, a draft copy of a proposed application to the Minnesota Department of Energy, Planning and Development, together with all attachments and exhibits thereto, will be placed on file with the City Clerk; BE IT RESOLVED by the City Council of the City of St. Louis Park, Minnesota, as follows: 1. A public hearing shall be conducted by,this Council on the proposal to .undertake and finance the Project on May 3, 1982, 1982 at 7:30 o'clock P.M. 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. 2. Notice setting forth the time and place of hearing, 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 Department of Energy, Planning and Development, 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. At - s t AP cg, 1 y Clerk Reviewed for administration: Adopted by the City Council April 5. 1982 r Approved as to form and legality: