HomeMy WebLinkAbout1980-095 CCRMember Bill Fignar introduced the following resolution
and moved its adoption:
RESOLUTION NO. 80 -95
RESOLUTION CALLING FOR A PUBLIC HEARING ON A PROPOSAL
TO UNDERTAKE AND FINANCE A COMMERCIAL DEVELOPMENT PROJECT
OR PROJECTS
WHEREAS, a representative of Commercial Partners, Inc., a Delaware
corporation (the "Company has presented this Council with information
concerning a proposed project or projects within the City; and
WHEREAS, a representative of the Company has requested that the
City resolve to issue commercial development bonds or notes or a commercial
development note and has presented to this Council a form of preliminary
resolution concerning such issuance with a request that such preliminary
resolution, attached hereto as Exhibit A, be considered for adoption at the
next regular meeting of this Council or at a special meeting of this Council.
NOW, THEREFORE, BE IT RESOLVED that:
1. This Council will conduct a public hearing on the proposal
to undertake and finance the commercial development project
or projects described in the Notice of Public Hearing attached
hereto as Exhibit B (the "Notice
2. The Clerk of the City is hereby authorized to cause the
Notice, or a notice in substantially the same form as the
Notice, to be published not more than thirty (30) nor
less than fifteen (15) days before the date fixed in the
Notice as the date of the hearing, in the official newspaper
and a newspaper of general circulation of the City.
April 21, 1980
Date
ATTEST:
Clerk
7 7
4'
The motion for the adoption of the foregoing resolution was duly seconded by
member Celia Scott and upon vote being taken thereon, the following
voted in favor thereof: Dean Nyquist, Bill Fignar, Gene Lhotka, and
Celia Scott;
and the following voted against the same: none,
whereupon said resolution was declared duly passed and adopted.