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Member Tony Kuefler introduced the following resolution
and moved its adoption:
RESOLUTION NO. 79 -217
RESOLUTION CALLING FOR PUBLIC HEARING PURSUANT TO MINNESOTA
STATUTES, SECTION 474.01, SUBD. 7b
WHEREAS, a proposal has been made to this Council by Wise, Greenwald
Greenwald, a Minnesota general partnership (the "Company to undertake a
project (the "Project pursuant to the Minnesota Municipal Industrial Develop-
ment Act, Minnesota Statutes, Chapter 474 (the "Act and
WHEREAS, the Project consists of the acquisition of an office and
manufacturing building in the City and the construction of an addition and other
improvements thereto, a parking lot and various site improvements, all to be
owned by the Company and leased to Cass Screw Machines Products Company; and
WHEREAS, Section 474.01, Subd. 7b, of the Act requires this Council
to conduct a public hearing on said proposal and publish notice of said
public hearing not less than 15 days nor more than 30 days prior to the date
fixed for the hearing; and
WHEREAS, the Company has agreed to deliver to this Council a draft
copy of a proposed application to the Minnesota Commissioner of Securities,
together with all attachments and exhibits thereto, and said application,
attachments and exhibits will be on file with the City Clerk upon publication
of the required notice.
NOW, THEREFORE, BE IT RESOLVED that:
1. A public hearing shall be conducted by this Council on the
proposal to undertake and finance the Project on October 15,
1979, at the City Hall, at which hearing all parties who
appear shall be given an opportunity to express their views
with respect to said proposal; and
2. Notice of the time and place of hearing, and stating the
general nature of the Project and an estimate of the principal
amount of bonds or other obligations to be issued to finance
the Project shall be published at least once not less than
15 days nor more than 30 days prior to the date fixed for the
hearing, in the official newspaper and 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 Securities, together with all attachments and exhibits
thereto, shall be available for public inspection following
the publication of such notice and shall specify the place
and times where and when it will be so availa
September 24, 1979 O C
Date ML�G
ATTEST:
Clerk
RESOLUTION NO. 79 -217
The motion for the adoption of the foregoing resolution was duly seconded by
member Gene Lhotka and upon vote being taken thereon, the
following voted in favor thereof: Dean Nyquist, Tony Kuefler, Bill Fignar,
Gene Lhotka, and Celia Scott;
and the following voted against the same: none,
whereupon said resolution was declared duly passed and adopted.
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