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<br />Extract of Minutes of Meeting <br />of City Council <br />City of Roseville <br />Rmnsey County, Minnesota <br /> <br />Pur~; ,;)ntto due call and notice thereof, a re9ular mpeting <br /> <br />of the Ct~y Council of the City of Roseville, Minnesota, was <br /> <br />held in t >,~ City Hall in said City on Monc!~_, ~1:.~mb~.E-2'1-, <br /> <br />19f34 at 7:~ 0' clock p.m. <br /> <br />'rhe;:o llowing members were present: <br />Mayor Demos and Councilmembers Johnson and Franke <br /> <br />and ,the t ,-' 11m"ing members were absent: <br />Councilmembers Curley and Kehr. <br /> <br />COU(',,'ilman <br /> <br />Johnson <br /> <br />introduced the following <br /> <br />resolutio 1 and moved its adoption: <br /> <br />Resolution No. 765la <br /> <br />RESOLUTION APPROVING JOINT <br />POWERS AGREEMENT <br /> <br />vllU'':I~'~:,\S, the City of Roseville has received from Advance <br />Circui,ts / Inc. a proposal to undertake a project wi thin the <br />City of l~\"seville; and <br /> <br />\"iTHEF.~;~,\S, Advance Circui,ts, Inc. has reques'ted that the <br />City of R\-'seville issue its industrial development revenue <br />bonds in '~lle amount of $5,000,000 to finance the project; and <br /> <br />"'THERS::,\S, the City of Roseville is an en'ti tlement issuer <br />und(~r Law':". of Ivlinnesota 1984, Chapter 582 and the City 's <br />alloca'tiC", is $627,143 which the City has committed to another <br />project;~" itd <br />