HomeMy WebLinkAboutCity Council Resolution 1991-259CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a regular meeting
of the City Council of the City of Plymouth, Minnesota, was held
on the 6th day of May , 1921. The following members
were present: Mayor Bergman, Councilmemb-,"rs '`el'liwell. Ricker.
The following members were absent: N
Councilmember Ricker introduced the; following Resolution
and moved its adoption:
RESOLUTION NO. 91-259
OPPORTUNITY WORKSHOP INC. - REQUEST FOR
CONCURRENCE OF CITY TO USE MINNEAPOLIS COMMUNITY
DEVELOPMENT AGENCY BOND FINANCING
WHEREAS, Opportunity Workshop Inc., a Minnesota nonprofit
corporation, has indicated its interest in developing a facility
in Plymouth; and:
WHEREAS, Opportunity Workshop Inc. has been in contact with the
Minneapolis Community Development Agency (MCDA) for the purposes
of having the MCDA issue revenue bonds through their Minneapolis
Common Bond Fund; and
WHEREAS, the MCDA requires that the Plymouth City Council develop
a Joint Powers Agreement between the cities of Plymouth and
Minneapolis to accomplish this financing; and
WHEREAS, the proposed financing will not involve any financial
obligation on the part of the City.
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE
CITY OF PLYMOUTH, MINNESOTA, that the City Manager and City
Attorney are hereby authorized to work with appropriate
representatives of Opportunity Workshop Inc., the MCDA, and the
City of Minneapolis to develop a Joint Powers Agreement to
facilitate the request of Opportunity Workshop Inc. for tax
exempt financing to be issued through the MCDA.
The motion for adoption of the foregoing Resolution was duly
seconded by Councilmember Zitur^ and upon vote being taken
thereon, the following voted in favor thereof: Mayor Bergman,
Councilmembers Helliwell. Ricker. Vasiliou, and Zitur
The following voted against or abstained: None
Whereupon the Resolution was declared duly passed and adopted.