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Last modified
7/17/2007 8:33:37 AM
Creation date
9/17/2004 10:22:10 AM
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Roseville City Council
Document Type
Council Resolutions
Resolution #
8545
Resolution Title
Granting preliminary approval to a project by Advanced Circuits, Inc. be adopted, and establishing a public hearing for the regular City Council meeting on March 12, 1990
Resolution Summary
Preliminary approval to a project by Advanced Circuits
Resolution Date Passed
2/12/1990
Keywords
Advanced Circuits
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<br />EXHIBIT A <br /> <br />NOTICE OF PUBLIC HEARING <br />ON A PROPOSAL FOR AN INDUSTRIAL <br />DEVELOPMENT REVENUE BOND PROJECT <br /> <br />Notice is hereby given that the city Council of the City of <br />Roseville, Minnesota, will meet in the Council Chambers of the <br />city Hall, 2660 Civic Center Drive, Roseville, Minnesota, at 7:30 <br />P.M. on Monday, March 12, 1990, to consider the proposal of <br />Advance Circuits, Inc., a Minnesota corporation (the "company"), <br />that the city assist in financing a project hereinafter described <br />by the issuance of industrial development revenue bonds. <br /> <br />The project to be financed is the acquisition of equipment <br />to be located in the Company's facility at 1633 Terrace <br />Drive in the City of Roseville. <br /> <br />The maximum aggregate estimated principal amount of the <br />bonds or other obligations to be issued to finance this project <br />is $7,000,000. The project will be initially owned and operated <br />by the Company. <br /> <br />The bonds or other obligations if and when issued will not <br />constitute a charge, lien or encumbrance upon any property of the <br />City except the project and such bonds or obligations will not be <br />a charge against the city's general credit or taxing powers but <br />will be payable from sums to be paid by the Company pursuant to a <br />revenue agreement. <br /> <br />A draft copy of the proposed application to the Minnesota <br />Department of Trade and Economic Development, State of Minnesota, <br />for approval of the project, together with all attachments and <br />exhibits thereto, is available for public inspection from 9:00 <br />o'clock A.M. to 4:00 o'clock P.M., Monday through Friday, at the <br />City Administrator's Office, in the city of Roseville, Minnesota. <br /> <br />At the time and place fixed for the Public Hearing, the City <br />council of the City of Roseville will give all persons who appear <br />at the hearing an opportunity to express their views with respect <br />to the proposal. <br /> <br />BY ORDER OF THE CITY COUNCIL <br /> <br />By Isl steve Sarkozy <br />City Manager <br /> <br />381 <br />
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