My WebLink
|
Help
|
About
|
Sign Out
Home
res_7658
Roseville
>
City Council
>
City Council Resolutions
>
07xxx
>
7600
>
res_7658
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
7/17/2007 9:18:43 AM
Creation date
4/25/2005 12:19:16 PM
Metadata
Fields
Template:
Roseville City Council
Document Type
Council Resolutions
Resolution #
7658
Resolution Title
Reciting a Proposal for a Commercial Facilities Development Project Giving Preliminary Approval to the Project Pursuant to the Minnesota Municipal Industrial Development Act Authorizing the Submission of an Application for Approval of the Project to
Resolution Date Passed
10/8/1984
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
6
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
<br />RESOLUTION NO. 7658 <br /> <br />RESOLUTION RECITING A PROPOSAL FOR A <br />COMMERCIAL FACILITIES DEVELOPMENT PROJECT <br />GIVING PRELIMINARY APPROVAL TO THE PROJECT <br />PURSUANT TO THE MINNESOTA <br />WJNICIPAL INDUSTRIAL DEVELOPMENT ACT <br />AUTHORIZING THE SUBMISSION OF N1 APPLICATION <br />FOR APPROVAL OF THE PROJECT TO THE <br />ENERGY AND ECONOMIC DEVELOPMENT <br />AUTHORITY OF THE STATE OF MINNESOTA <br />AND AUTHORIZING THE PREPARATION OF <br />NECESSARY DOCUMENTS AND MATERIALS <br />IN CONNECTION WITH THE PROJECT <br /> <br />\VHEREAS, <br /> <br />(a) The purpose of Chapter 474, Minnesota <br />Statutes, known as the Hinnesota Municipal Industrial <br />Development Act (the "Act") as found and determined by the <br />legislature is to promote the welfare of the state by the <br />active attraction and encouragement and development of economi- <br />cally sound industry and commerce to prevent so far as possible <br />the emergence of blighted and marginal lands and areas of <br />chronic unemployment; <br /> <br />(b) Factors necessitating the active promotion <br />and development of economically sound industry and commerce are <br />the increasing concentration of population in the metropolitan <br />areas and the rapidly rising increase in the amount and cost of <br />governmental services required to meet the needs of the <br />increased population and the need for development of land use <br />which will provide an adequate tax base to finance these <br />increased costs and access to employment opportunities for such <br />population; <br /> <br />I (c) The City Council of the City of Roseville <br />(the "city") has received from a partnership or corporation to <br />be formed with Health Resources Assistance Corporation as a <br />general partner or stockholder, as the case may be, under the <br />laws of the State of Minnesota (the "company") a proposal that <br />the City assist in financing a Project hereinafter described, <br />through the issuance of a Revenue Bond or Bonds or a Revenue <br />Note or Notes hereinafter referred to in this resolution as <br />"Revenue Bonds" pursuant to the Act; <br /> <br />(d) The City desires to facilitate the selec- <br />tive development of the community, retain and improve the tax <br />base and help to provide the range of services and employment <br />opportunities required by the population; and the Project will <br />
The URL can be used to link to this page
Your browser does not support the video tag.