HomeMy WebLinkAboutCity Council Resolution 1983-126.TI'Ut!
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Pursuant to due call and notice thereof, a special meeting of the City Council
of the City of Plymouth, Minnesota. was held on the 14thday of Mauch 19 83
The following members were present: Mayor Davenport, Councilmembers! end` ,-ReiTs,
Schneider and Threinen
The following members were absent: none
Councilmember Moen introduced the following Resolution and moved its
adoption;
RESOLUTION NO. 83 -126
RESOLUTION CALLING FOk PUBLIC HEARING PURSUANT TO MINNESOTA STATUTES, SECTION 474.01,
SUBDIVISION 1b, AND PUBLICATION OF NOTICE
WHEREAS, a proposal has been made to the City Council (the "Council") of the City of
Plymouth, Minnesota (the "City"), by Gary R. Bluen (the "Borrower"), to undertake a
project (the "Project") pursuant to the Minnesota Municipal Industrial Development
Act, Minnesota Statutes, Chapter 474 (the "Act"); and
WHEREAS, the Project consists of construction of a new office and light manufacturing
facility to be located at 2500 Niagra Lane in the City; and
WHEREAS, Section 474.01, Subdivision 7b, of the Act requires this Council to conduct
a public hearing on said proposal and to publish notice of said public hearing not
less that fifteen (15) days nor more than thirty ;30) days pri;r to the date fixed
for the hearing; and
WHEREAS, the Borrower has delivered to this Council a draft copy of a proposal appli-
cation to the Minnesota Commissioner of the Department of Energy, Planning and Devel-
opment, together with all attachments and exhibits thereto, and sai� application,
attachments and exhibits are now on file with the City Clerk.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF PLYMCUTH, MINNESOTA, THAT:
1. A public hearing shall be conducted by this Council on the proposal to under-
take and finance the Project on April 11, 1983, at 7:30 o'clock p.m., at the city hall,
3400 Plymouth Boulevard in the City, at which hearing all parties who appear shall be
given an opportunity to express their views with respect to said proposal.
2. Notice of the time and place of hearing, which shall state the general nature
of the Project and an estimate of the principal amount of the bonds or other obligations
to be issued to finance the Project, shall be published at least once not less than
fifteen (15) days nor more than thirty (30) days prior to the date fixed for.the hearing
in the official newspaper and in a newspaper of general circulation of the City. The
notice shall state that a draft copy of the proposed application to the Minnesota
Commissioner of Energy, Planning and Development, together with all attachments and
exhibits thereto, shall be available for inspection following the publication of such
notice and shall specify the place and times such applciation and its exhibits and
attachments shall be so available.
The motion for adoption of the foregoing Resolution was duly seconded by
Councilmembtr Neils , and upon vote being taken thereon, the following voted
n favor thereof: uncilmembers Moen, Neils, Schneider and Threinen
. rte following voted against or abstained: M
Whereupon the Resolution was declared duly pas
i`
t
NOTICE OF PUBLIC HEARING ON
PROPOSED PROJECT AND THE ISSUANCE
OF INDUSTRIAL DEVELOPMENT REVENUE HANDS
UNDER THE MUNICIPAL INDUSTRIAL
DEVELOPMENT ACT, MINNESOTA STATUTES,
CHAPTER 47W-, AS AMENDED
CITY OF PLYMOUTH, MINNESOTA
NOTICE IS HEREBY GIVEN that the governing body of the City
of Plymouth, Minnesota (the "City"), shall meet on April 11, 1983,
at 7:30 o'clock p.m., at the city hall, 3400 Plymouth Boulevard in
the City, for the purpose of conducting a public hearing on a
proposed issue of Industrial Development Revenue Bonds (the
"bonds") under the Minnesota Municipal Iadustrial Development Act,
Minnesota Statutes, Chanter 474, as amended, to undertake and
finance a project or. behalf of Gary R. i3luein ( the "Borrov er") .
The project shall consist of construction of a new offica
and light manufacturing facility (the "Project") and shall be
located at 2500 Niagra Lane in the City. The estimated total
amount of the proposes bond issue is x450,000. The bonds snall be
limited obligations of the City, and the bonds and interest
thereon shall be payable solely frcin the revenue pledged to the
payment thereof, except that such bonds may be secured i,)r a
mortgage and other encumbrances on the Project. No holuer of any
such bond shall ever have the right to compel any exercise of t;:e
taxing power of the City to pay the bonds or the interest tnereon
nor to enforce payment against any property of the City cxceut '_Oe
Project.
A draft copy of the proposed application to the Minnesota
Commissioner of Energy, Planning and Development for approval of
the Project, together with all attachments and exhibits thereto,
is available for public inspection at the offices of the city,
3400 Plymouth Boulevard, Plymouth, Minnesota, weekdays between the
hours of 8:00 a.m. and 4:30 p.m.
Dated: March 14, 1983.
3Y ORDER Oe TETE CITY COUNCIL
City Clerk