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AG,EINDA SECTION'. ORIGINATING D,E,PT,/DIV.: <br />' <br />Unicare <br />ITE M N 0, ITEM DESCRIPTION' IRB Application Homes <br />i .00 <br />DATE. 4/9/84 <br />Approximately one week ago., Unicare Homes siubimi,tted an application for 111B to <br />fionanice the purchase of' the Rose of Sharon Nursing Home, <br />The application 'is, now being reviewed by the City fiscal agent and bond counsel, <br />as wel,l as, City staff'. As of this Wrl ting, the review has not been completed. <br />Normal review time is approxi mate ly three weleks, to, determine if everythine is <br />in, * order. If' the review can be completed by Monday, a report will be provided <br />The appi licant has requested the process ble accelerated so that a resolution <br />settin the hearing, for a preliminary Tesolu,t ion can be estabi J shed at the <br />9 IL <br />April 9 meeting., <br />if after, reviewing the repoirt, on the applacation (*f completed), the Council <br />iecides, to eistablish, a hearing (May 71, 19814) on the preliminary resolution,, <br />the following motion is 'in order: <br />Motion to adopt a resolution calling for a public hearing on a <br />proposal from Unicare Homes for an industrial development <br />project pursuant to the Minnesota Municipal Industrial Development <br />Ig the publ*cation of a notice of' hearing. <br />