HomeMy WebLinkAboutCity Council Resolution 1976-588a CITY OF h000UTH •
Pursuant to due call and notice thereof, a special meeting of
the City Council of the City of Plymouth, Minnesota was held on the the
5th day of October , 1976 . The following members were
present: Mayor Hilde, Councilmen Hunt, Seibold and Spaeth
The following members were absent: Councilman Neils
Councilman Seibold introduced the following Resolution and moved
its adoption:
RESOLUTION NO. 76-588
APPROVING REVISED POLICY CONCERNING REVIEW OF
MUNICIPAL INDUSTRIAL DEVELOPMENT BOND REQUESTS
WHEREAS, the Plymouth City Council has established a Policy for the Review
of Municipal Industrial Development Bond Requests, and
WHEREAS, Council has determined that additional revisions are needed to
further improve and clarify said policy;
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH
that the revised Policy Concerning the Review of Municipal Industrial
Development Bond Requests as submitted to this Council in the Manger's
memorandum dated September 30, 1976 be and the same is hereby approved.
The motion for the adoption of the foregoing Resolution was duly seconded
by Councilman Hunt , and upon vote being taken thereon, the
following voted in favor thereof:_ Mayor Hilde, Councilmen Hunt, Seibold
and Spaeth
The following voted against or abstained: None
Whereupon the Resolution ►vas declared duly passed and adopted.