HomeMy WebLinkAbout85-007 • CERTIFICATION OF MINUTES RELATING TO
$3,000,000 INDUSTRIAL DEVELOPMENT REVENUE BONDS
Issuer: City of Lakeville, Minnesota
Governing Body: City Council
Kind, date, time and place of meeting: A council meeting held
on January 7, 19.85, at 7:00 P•M. at the Council Chambers in
Airlake Industrial Park.
Members present: Nelson, Zaun, Sindt, Enright, Harvey
Members absent: None
Documents Attached:
Minutes of said meeting (pages):
.RESOLUTION NO. 85_7
RESOLUTION RELATING TO A PROJECT UNDER THE
MUNICIPAL INDUSTRIAL DEVELOPMENT ACT;
CALLING. FOR A PUBLIC HEARING THEREON
I, the undersigned, being the duly qualified and
• acting recording officer of the public corporation issuing the.
bonds referred to in the title of this certificate, certify
that the documents attached hereto, as described above, have
been carefully compared with the original records of said
corporation in my legal custody, from which they have been
transcribed; that said documents are a correct and complete
transcript of the minutes of a meeting of the governing body of
said corporation, and correct and complete copies of all
resolutions and other actions taken and of all documents
approved by the governing body at said meeting, so far as they
relate to said bonds; and that said meeting was duly held by
the governing body at the time and place and was attended
throughout by the members indicated above, pursuant to call and
notice of such meeting given as required by law.
WITNESS my hand .officially as su re rdi `offi r
this 7th day of January, 1985.
Pat ick McGarvey,
City Clerk
(SEAL)
•
J
RESOLUTION NO. 8S 7
• RESOLUTION RELATING TO A PROJECT UNDER THE
MUNICIPAL INDUSTRIAL DEVELOPMENT ACT; CALLING
FOR A PUBLIC HEARING THEREON
BE IT RESOLVED by the City Council of the City of
Lakeville, Minnesota (hereinafter, the Municipality), as
follows:
Section 1. Recitals.
1.01. Schaper Manufacturing Co., a Delaware
corporation (hereinafter, the Borrower}, has advised this
Council of its desire to construct and equip a 200,000 square
foot manufacturing and warehousing facility within the
Municipality.
1.02. The Municipality is authorized by Minnesota
Statutes, Chapter 474 (the Act), to issue its revenue bonds or
notes to finance capital projects consisting of properties used
or useful in connection with a revenue-producing enterprise..
The Borrower has requested that the Municipality issue it
revenue bonds or notes in an amount not exceeding $3,0.00,:000 to
finance a portion or all of the cost of the Project.
• Section 2. Public Hearing.
2.01. Section 474..01, Subdivision 7b of the Act
requires that prior to submission of an application to the
Minnesota Energy and Economic Development Authority requesting
approval of the Project as required by Section 474.01,
Subdivision 7 of the Act, this Council .shall conduct a public
hearing on the proposal to undertake and finance the Project.
Pursuant to that provision, a public hearing on the proposal to
undertake and finance the Project is called and shall be held
on February 4 , 1985, at 7:00 P.M., at the. Council Chambers
in Airlake Industrial Park in the City.
2.02. The City Clerk shall cause notice of the public
hearing to be published in the official newspaper of the
Municipality at least once not less than fifteen (15) nor more
than thirty (30) days prior to the date. fixed for the hearing,
such notice to be in substantially the following form:
0
2.03. A draft copy of the proposed application to the
Minnesota Energy and Economic Development Authority, together.
with all attachments and exhibits thereto, is hereby ordered
• placed on file with the City Clerk, and shall be available for
public inspection, following the publication of the notice of
public hearing, during normal .business hours.
Adopted this 7th day of January, 5.
May
Attest: ~ ~ ~~-t~.='.~~
City Clerk
The motion for the adoption of the foregoing.
resolution was duly made by Member Sindt and
seconded by Member Harvey and upon vote being
taken thereon, the following voted in favor thereof:
Harvey, Nelson, Zaun, Sindt, Enright
and. the following voted against the same: None
•
whereupon the resolution was declared duly passed and adopted.
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