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Last modified
7/17/2007 9:18:43 AM
Creation date
4/25/2005 12:19:16 PM
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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
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<br />8. In anticipation of the approval by the Authority the <br />issuance of tIle Revenue Bonds to finance all or a portion of <br />the Project, and in order that completion of the Project will <br />not be unduly delayed when approved, Company is hereby <br />authorized to make such expenditures and advances toward <br />payment of that portion of the costs of the Project to be <br />financed from the proceeds of the Revenue Bonds as Company con- <br />siders necessary, including the use of interim, short-term <br />financing, subject to reimbursement from the proceeds of the <br />Revenue Bonds if and when delivered but otherwise without <br />liability on the part of the City. <br /> <br />Adopted by the City council of the City of Roseville, <br />Minnesota, this 8th day of October, 1984. <br /> <br />~~ <br /> <br />
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