HomeMy WebLinkAbout7364 - ADMIN Resolution - City Council - 1983/04/04RESOLUTION NO. 7364
RESOLUTION CALLING FOR PUBLIC HEARING
PURSUANT TO MINNESOTA STATUTES, SECTION
474.01, SUBD. 7B - FRANTZ KLODT & SON, INC.
WHEREAS, a proposal has been made to this Council by Frantz Klodt & Son, Inc.,
a Minnesota corporation (the "Company"), 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, construction and equipping
of a 134 -room hotel facility; and
WHEREAS, Section 474.01, Subd. 7b of the Act requires this Council to con-
duct 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 Company has delivered to this Council a draft copy of a pro-
posed application to the Minnesota Commissioner of Securities, together
with all attachments and exhitis thereto, and said application, attachments
and exhibits are now on file with the City Clerk;
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 May 2, 1983 at 7:30 p.m. at City
Hall, at which hearing all parties who appear shall be given an oppor-
tunity 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.
Attest:
ity Clerk
Adopted by the City Council April 4, 1983.
eviewed for administration:
it Mananer
Appro ed as, -- and legality:
City At orney