Laserfiche WebLink
I-ATE: 12/276/94 <br />a9 46 'k 0 A OW 0 Ob # <br />NNUUM <br />W <br />This is a heaTing to receive contments loin the application for $900,000 lin IT-11 <br />financing by 1hilealth Resources Assistance Corporation, general <br />partner, and <br />Health Resources Roseville Limited Partnership, a 'Mlinnesota limited partner- <br />4 r <br />Sh I I*pl. Health Resources Assistance Corporation is a wholly owned subsiLdiary <br />of Health Resources Inc. , a non-profit, holding company. <br />Mealth, .Resources 'is proposing a 7,580 square foot buildl*ng that will create <br />2111 new jio'bs and an annual payroll of approximately $638,000. The center will <br />provide a, variety of hicialth care related services-, <br />The City's fiscal consultant nas rev:Lewed the, applicatJO-on and has Drovided <br />2, �& <br />Preliminary information, comments, and recommend'ations concernincr t hi" s <br />appi 1 i c ati on . C> <br />7hc consultant has reclomnended that in adidition to the mortgage be" 0 <br />ing signed <br />b.ly Health Resolurcies. that letters of icreldit from the limited partners be <br />Provided. <br />COUNCIL ACTION REQUE.STED: r4otion to approvie/'deny resolution <br />6 * <br />giving Preliminary approval of an <br />application for Health Resources <br />Assistance Clorporati'lon., <br />Motion to iapipirove/deny resolution giving <br />final approval of an application for <br />Aealth Pesiourices Assistance Corporation., <br />070 <br />