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NOTICE OF PUBLIC HEARING <br />ON A PROPOSAL FOR A COMMERCIAL <br />FACILITIES DEVELOPMENT PROJECT <br />Notice is hereby given that the City Council of the <br />City of Roseville, Minnesota will 3eetat the0City Hallr 8, in the <br />City of Roseville, Minnesota at 7•p• <br />to consider the proposal of a Minnesota partnership or <br />corporation to be formed wirtn�eraorhstockholderesources �asstance <br />the case <br />Corporation as a general pa <br />may be (the "company"), thatthe <br />tryassist issuanceioffinancing a <br />industrisl <br />project hereinafter describedy e <br />development revenue bonds. <br />Description of Project <br />The proposed project shall consist of the <br />acquisition of 2.3 acres of land and the <br />construction thereon of an approximately <br />14,543 square foot office and day care center <br />facility to be located on the west side of <br />Snelling Avenue one-half mile north of <br />Rosedale 91")PPing Center <br />next to Midwato be initially gord <br />owned <br />in Roseville, Minnesota <br />and operated by the Company and leased to <br />various parties. <br />The maximum aggregate estimated principal amount of <br />bonds or other obligations to be issued to finance this project <br />is $1,500,000. <br />The bonds or other obligations cbrn euponany <br />o��um�when <br />issued <br />will not constitute a charge, lien <br />property of the City except �reproject <br />asuch <br />City'�snds or <br />general <br />obligations will not be a ch geginst the <br />credit or taxing powers but will be payable from sums to be <br />paid by the Company pursuant to a revenue agreement. <br />A draft copy of the proposed application to the <br />Energy and Economic Development Authority, State of Minnesota, <br />for approval of the project* ®gorhewith <br />inspection beginning <br />exhibits thereto, is availablepublic <br />$epteinber 11, 1984, from 8 sDOi�nRoseville, mit4o'clock <br />Minnesota.Monday <br />through Friday, at the City Ha <br />