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HomeMy WebLinkAboutCity Council Resolution 1977-612• CITY OF PLYHDtMi • Pursuant to due call and notice thereof, aregular meeting of the City Council of the City of Plymouth, Minnesota was a on the 17th_day of October 1977 . The following members were resent: Mayor Hilde,_Councilmen Hunt, Neils. Seibold and Spaeth The followu►g members were aZisent: None Councilman Hunt introduced the following Resolution and moved its a ption: RESOLUTION NO. 77-612 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, MINNESOTA that the revised Policy Concerning the Review of Municipal Industrial Development Bond Requests as submitted to this Council in the Manager's memorandum dated October 14, 1977 be and the same is hereby approved. The motion or the ado tion of the foregoing Resolution was duly seconded by Counci man Seibold , and upon vote being taken thereon, the fol owing voted in favor t ereof: Mayor Hilde, Councilmen Hunt, Neils, eibol�d Spaeth --—� The ffoollllaw_ g voted against or eTtaine None Whereupon the Resolution was declared duly pass adopted. **• e�� •tt