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Last modified
7/17/2007 9:18:36 AM
Creation date
4/25/2005 12:18:56 PM
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Roseville City Council
Document Type
Council Resolutions
Resolution #
7643a
Resolution Title
RESOLUTION CALLING FOR A PUBLIC HEARING ON A PROPOSAL FOR AN INDUSTRIAL FACILITIES DEVELOPMENT PROJECT PURSUANT TO THE MINNESOTA MUNICIPAL INDUSTRIAL DEVELOPMENT ACT AUTHORIZING THE PUBLICATION OF A NOTICE OF THE HEARING
Resolution Date Passed
9/10/1984
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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 October 8, 1984 to <br />consider the proposal of Advance Circuits, Inc., a Minnesota <br />corporation, (the "Company"), that the City assist in financing <br />a project hereinafter described by the issuance of industrial <br />development revenue bonds. <br /> <br />.. <br /> <br />Description of Project <br /> <br />" <br /> <br />The proposed project shall consist of the acquisition and <br />installation of equipment principally constituting <br />fixtures in the building located at 1633 Terrrace Drive in <br />Roseville which the Company currently leases and uses as a <br />manufacturing facility for the production of printed <br />circuit boards. <br /> <br />The maximum aggregate estimated principal amount of <br />bonds or other obligations to be issued to finance this project <br />is $5,000,000. The project will be initially owned and <br />operated by the 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 Company 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 from <br />8:00 a.m. to 4:30 p.m., Monday through Friday, at the City Hall <br />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 10th day of September, 1984. <br /> <br />(BY ORDER OF THE CITY COUNCIL) <br /> <br />By /s/ James Andre <br />City Manager <br />
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