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CCP 11-14-2001
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CCP 11-14-2001
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<br />It is presently estimated that construction will begin on or about N/A (RefinancinQ) ,200_ and will be complete ona <br />or about N/A (Refinancing) 200_. When completed, there will be approximately N/A new jobs created by th'9 <br />project at an annnal payroll ofapproximate1y $ N/A based npon currently prevailing wages. (If applicable) There are ~ <br />existing jobs provided by business. <br /> <br />(If applicable) There will be <br />level $ NI A <br /> <br />N/A <br /> <br />jobs created by construction of the project. Number of hours N/A <br /> <br />Average wage <br /> <br />Repayment of the proposed issue will be amortized over a period of 20 <br /> <br />years. <br /> <br />The following exhibits are furnished with this application and are incorporated herein by reference: <br /> <br />1. An opinion of bond counsel that the proposal constitutes a project under Minn. Stat. 1}469.153, subd. 2. <br /> <br />2. A copy of the resolution by the governing body of the issuer giving preliminary approval for the issuance of its revenue <br />bonds and stating that the project, except for a project under Minn. Stat. 1}469.l53, subd. 2(g) or (j) would not be undertaken <br />but for the availability ofIndustrial Development Bond financing. <br /> <br />3. A comprehensive statement by the municipality indicating how the project satisfies the public or purpose and policies of <br />Minn. Stat. 1}469.l52 -469.165. <br /> <br />4. A letter of intent to purchase the bond issue or a letter confirrning the feasibility of the project from a [mancial standpoint. <br /> <br />5. A statement signed by the principal representative of the issuing authority to the effect that upon entering into the revenue <br />agreement, the infonnation required by Minn. Stat. 1}469.154, subd. 5 will be submitted to the Department (not applicable to <br />project under Minn. Stat. 1}469.153, subd. 2(g) or (j). <br /> <br />6. A statement signed by the principal representative of the issuing authority that the project does not include any property to bA <br />sold or affixed to or consumed in the production of property for sale, and does not include any housing facility to be rented 0" <br />used as a permanent residence. <br /> <br />7. A statement signed by a representative of the issuing authority that a public hearing was conducted pursuant to Minn. Stat. <br />1}469.l54, subd. 4. The statement shall include the date, time and place of the meeting and certify that a draft copy of this <br />application with all attachments was available for public inspection and that all interested parties were afforded an <br />opportunity to express their views. <br /> <br />8. Copies of notice(s) as published which indicate the daters) of publication and the newspaper(s) in which the notice(s) were <br />published. <br /> <br />9. Provide a plan for compliance of employment preference of economically disadvantaged or unemployed individuals. (See <br />Minn. Stat. 1}469.154, subd. 7.) <br /> <br />e <br /> <br />21060v1 <br />
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