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<br />NOTICE OF PUBLIC HEARING <br />ON A PROPOSAL FOR AN INDUSTRIAL <br />FACILITIES DEVELOPMENT PROJECT <br /> <br />Notice is hereby given that the City Council of the <br />City of Roseville, Minnesota will meet at the City Hall in the <br />City of Roseville, Minnesota at 7:30 p.m. on January 23, 1984, .. <br />to consider the proposal of Thomas N. Jones and Marilyn o. <br />Jones, husband and wife, residents of the State of Minnesota <br />(the "Borrowers"), that the City assist in financing a project <br />hereinafter described by the issuance of industrial development <br />revenue bonds. <br /> <br />The proposed project shall consist of the acquisition <br />of land and the construction and equipping thereon of an <br />approximately 14,000 square foot addition to an existing <br />manufacturing facility and the improvement of the existing <br />facility to be owned by the Borrower and operated by and leased <br />to Healy-Ruff Company to be located at 2485 North Fairview <br />Avenue in the City of Roseville, Minnesota. <br /> <br />The maximum aggregate estimated principal amount of <br />bonds or other obligations to be issued to finance this project <br />is $875,000. The project will be initially owned by the <br />Borrowers and operated by and leased to Healty-Ruff Company. <br /> <br />The bonds or other obligations if and when issued <br />will not constitute a charge, lien or encumbrance upon any <br />property of the City except the project and such bonds or <br />obligations will not be a charge against the City's general <br />credit or taxing powers but will be payable from sums to be <br />paid by the Borrowers pursuant to a revenue agreement. <br /> <br />A draft copy of the proposed application to the <br />Energy and Economic Development Authority, State of Minnesota, <br />for approval of the project, together with all attachments and <br />exhibits thereto, is available for public inspection beginning <br />December 29,1983, from 8:00 a.m. to 4:30 p.m., Monday through <br />Friday, at the City Hall in Roseville, Minnesota. <br /> <br />At the time and place fixed for the Public Hearing, <br />the City Council of the City of Roseville will give all persons <br />who appear at the hearing an opportunity to express their views <br />with respect to the proposal. <br /> <br />Dated this 19th day of December, 1983. <br /> <br />(BY ORDER OF THE CITY COUNCIL) <br /> <br />By/s/ James Andre <br />City Manager <br />