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HomeMy WebLinkAbout83-026 ti--' CERTIFICATLON OF MINUTES RELATING TO INDUSTRIAL DEVELOPMENT REVENUE BONDS Issuer: City of Lakeville, Minnesota. Governing Body:. City Council Kind, date, time and place of meeting: A regular meeting, held on April 4,1983, at ~:oo o'clock. P.M., at the City Hall. Members present : Zaun, Nelson, Sindt, Enright, Harvey Members absent : None Documents Attached: Minutes of said meeting (pages): RESOLUTION NO. 83-26 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 retarding officer of the public corporation issuing the obligations 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 obligations; 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 such recordi g officer this 4th day of April, x.983. -~~l . Signature .(SEAL) Patrick McGarvey, City- Jerk-Administrator ' Name and Title RESOLUTION NO. 83-26 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 (the Municipality), as follows: SECTION 1 Recitals 1.1. Richard Ungar and Charles G. Vander-Wal, the general partners of a general partnership to be formed (the Borrower), have advisedthe Council of their desire to construct and equip a facility (the Project) for use as a hotel, restaurant and banquet facility.. 1.2. The Municipality is authorized by Minnesota Statutes, Chapter 474 (the Act), to issue its revenue bonds to finance capital projects consisting of properties used and useful in connection with a revenue-producing enterprise.. The Borrower has requested the Municipality issue its revenue bonds in an estimated total amount of $4,500,000 to finance a portion of the cost of the Project. SECTION 2 Public Hearing 2.1. Section 474.01, Subdivision 7b of the. Act requires that ' prior to submission of an Application to the Commissioner of Minnesota Department of Energy, Planning and Development requesting approval of the Project as required by Section 474.Oi, 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 MaY 2 1983, at 7300' clock P.M. , at the Council Chambers, 7773-214th St. W. 2.2. The City Clerk-Administrator shall cause notice of the public hearing to be published in the Countryside Newspaper in the official newspaper of the Municipality and in the Minneapolis Star and Tribune, a newspaper of general circulation in the Municipality, at least once not less than fifteen (15) nor .more than thirty (30) days prior to the date fixed for the public hearing. The notice to be published shall be in substantially the following form: 2.3. A draft copy of the proposed Application to the Commissioner of Minnesota Department of Energy, Planning and Development, together with draft copies of all attachments and exhibits thereto, are hereby ordered placed on file with the City Clerk-Administrator and shall be available for public inspection, following publication of the notice of public hearing, between the hours of s:oo A.M. and 4:3Q P.M., Monday through Friday. Adopted this 4th day of A ril 1983. Mayo Attest: City Clerk- inistr or SEAL) The motion for the adoption of the foregoing resolution was duly seconded by Member sindt and upon vote being taken thereon, .the following voted in favor thereof : Nelson, Zaun, Sindt, Enright, Harvey and the following voted against the same: None whereupon the resolution was declared duly passed and adopted.