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RE <br />AGENDA SECTION: <br />Hearings <br />IEST FOR COUNCIL. AC <br />ORIGINATING DEPT./DIV.: <br />Administration <br />ITgNO.: I ITEM DESCRIPTION' preliminary Approval IRB for Health <br />- 5 T'csources Assistance Corporation <br />12/10/84 <br />DATE: <br />DEPT. HEAD APPROVAL. <br />MGR-,REVIEWED/ RECOMMENDS: <br />Acalth Resources received preliminary approval on October. 8, 1984, for <br />$1,500,000 in I ul bonds. Sincc that time, a major user of the facility <br />('Kinder Care) has withdrawn from the project and a new public hearing <br />was set. â–ºlealth Resources is now proposing, a 7,580 square foot building <br />that will create 21 new jobs and an annual Payroll of approximately <br />$638,000. The net result is the -mount of the IRB issue has been re- <br />duced to $900,000. The remaining $600,000 from Roseville's 1084 entitlement <br />will be returned to the IRB competitive pool. <br />("U XI L AC"`I'IW RrigULSTLIU. Iotion to approve/deny resolution <br />giving pra l iitd vary approval of an <br />application For Industrial Revenue <br />Isonds for health Resources Assist,ancc <br />Corporation. <br />