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• <br />� <br />� <br />EXTRACT OF MINUTES OF MEETING OF THE <br />CITY COUNCIL OF THE CITY OF ROSEVILLE <br />� � �r � � � � � <br />Pursuant to due call and notice thereof, a regular meeting of the Roseville <br />Local Development Corporation, County of Ramsey, Minnesota was duly held on <br />the 27th day of January, 1992, at 9: 32 p.m. <br />The following members were present: P• Johnson, Tliomas, Cushman, P��aschka, and <br />V. Johnson, and the following were absent: None. <br />Member Cushman introduced the following resolution and moved <br />its adoption: <br />RESOLUTION N0. $ <br />LEO J. and JEANNE C. FEIDER SATISFACTION OF MORTGAGE <br />WHEREAS, The Roseville Local Development Corporation loaned $25,000 to <br />Leo J. Feider and Jeanne C. Feider as part of its Villa Park C.D.B.G. <br />Program; and � <br />WHEREAS, Leo J. Feider and Jeanne C. Feider have now paid back the totaJ. <br />amount of the loan; and <br />WHEREAS, The Local Development Corporation should execute a Satisfaction <br />of Mortgage confirming this repayment; <br />NOW, THEREFORE, BE IT RESOLVED, that the Roseville Lacal Development <br />Corporation is authorized to execute a Satisfaction of Mortgage document <br />for Leo J. Feider and Jeanne C. Feider. <br />The motion for the adoption of the foregoing resolution was duly seconded <br />by Member 'rhoMas , and upan a vote being taken thereon, the following <br />voted in favor thereof: p, Johnson, Thomas, Cushman, P4aschka, and V. <br />Johnson, <br />and the following voted against the same: None. <br />WHEREUPON said resolution was declared duly passed and adopted. <br />v � <br />Vernon A. Johnson, President <br />Local Development Corporation <br />J <br />�-c� .� <br />nne Cushman, Secretary <br />ocal Development Corporation <br />