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HomeMy WebLinkAbout92-187 - ADMIN Resolution - City Council - 1992/12/07RESOLUTION NO. 92-187 RESOLUTION ADOPTING PROCEDURES FOR APPLICATION TO THE CITY OF ST. LOUIS PARK FOR PRIVATE ACTIVITY REVENUE BOND FINANCING WHEREAS, the City Council anticipates the request of applicants to the City for the issuance of private activity revenue bond financing by the City; and WHEREAS, the City Council recognizes the potential benefits to the City of adopting procedures for use in the private activity bond financing application process, NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of St. Louis Park that the Procedures for Application to the City of St. Louis Park for Private Activity Revenue Bond Financing are hereby adopted and approved effective December 1, 1992. BE IT FURTHER RESOLVED that the City Manager is authorized to modify non -policy requirements and procedures of the application process when such action is determined to be in the best interest of the City. Attest City Clerk Reviewed for Administration: Approv /s/ Gil. C - /01401 City Manager Adopted y the Cit Council December 7, 1992 /s/ A/ Mayop' r Executio City Atto