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1998_0526_packet
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1998_0526_packet
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YI <br /> multifamily housing facility for occupancy by persons with <br /> Alzheimer' s diagnosis located at 2945 Lincoln Drive in the City <br /> (the "Improvements") ; and <br /> WHEREAS, the City proposes to finance (a) the advance <br /> refunding of the Prior Bonds and (b) the Improvements by the <br /> issuance of its $27, 000, 000 Housing Facilities Revenue Refunding <br /> Bonds (College Properties, Inc. Project) Series 1998 under the <br /> Act pursuant to this Resolution; and <br /> WHEREAS, the City has prepared a housing program for <br /> the Improvements under the Act and the use of revenue bonds <br /> therefor; and <br /> WHEREAS, the City has submitted the housing program for <br /> the Improvements to the Metropolitan Council for review and <br /> comment as required by the Act; and <br /> WHEREAS, the City conducted a public hearing on the <br /> proposal of the Company that the City undertake the advance <br /> refunding and finance the Improvements by the issuance of the <br /> Bonds, at 6 :30 p.m,, on May 26, 1998, for which hearing the City <br /> published advance notice and at which hearing all persons rho <br /> appeared or submitted comments were given an opportunity to <br /> express their views with respect to the Project and the Bonds; <br /> and <br /> WHEREAS, the Bonds will be i <br />
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