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<br />. <br /> <br />Project and expresses the intention of the City to issue <br />revenue bonds under the Act, on or before Decemberj1, 1984, to <br />finance all or a portion of the cost thereof. <br /> <br />2.3. The Mayor and the City Clerk-Administrator are hereby <br />authorized and directed to submit an application to the <br />Minnesota Energy and Economic Development Authority for the <br />allocation of federal authority to issue revenue bonds pursuant <br />to Minnesota Statutes, Sectio~.474.19, Sub~ivision 6. <br /> <br />SECTION 3 <br /> <br />. . <br /> <br />Public: Hearinq <br /> <br />3.1, Section 474.01, Subdivision 7b of the Act requires that <br />prior to submission of an Application to the Minnesota Energy <br />and Economic Development Authority requesting approval of the <br />Project as required by Section 474.01, Subdivision 7 of the <br />Act, this Council conduct a public hearing on the proposal to <br />~~dertake and finance the Project. Section 103(k) of the <br />Internal Revenue Code of 1954., as amended, and regulations <br />promulgated thereunder, requires that prior to this issuance of <br />the Bonds, this Council approve the Bonds and the Project, <br />after conducting a public hearing thereon. A public hearing on <br />the proposal to undertake and finance the Project through the <br />issuance of the Bonds is hereby called and shall be held on <br />November 8 ,1984, at8:30o'clock P.M., at the City Hall. <br /> <br />3.2.. The City Clerk-Administrator shall cause notice of the <br />public hearing to be published in the New Brighton Bulletin, the <br />official newspaper of the Municipality and 1n the St. Paul <br />Pioneer Press, a newspaper of general circulation 1n ~ne <br />Municipality, at least once not less than fifteen (15) nor more <br />than thirty (30) days prior to the date fixed for the public <br />hearing. The notice to be published shall be in substantially <br />the following form: <br /> <br />" <br /> <br />. <br /> <br />-2- <br /> <br />,_,. ..____-.....--e...,.,.- <br /> <br />"'-'-"-'~'._.,.. "- .....-....~..,'--..............-.-.._-..,-'---.~ <br />