HRA RES 1983-15 - 00013973�
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RESOLUTION N0. HRA-15 - 1983
RESOLQTION AUTHORIZING THE E%ECUTIVE DIRECTOR OF THE
HOUSING AND REDEVELOPI�NT AUTHORITY IN AND FOR THE CITY OF
FRIDLEY THE AUTHORITY TO ADMINISTRATIVELY CALL FOR THE
PUBLICATION OF PUBLIC HEARING NOTICES FOR THE ISSUANCE OF
INDUSTRIAL DEVELOPMENT BONDS
WHEREAS, State Law allows for the administrative setting of publie hearings
for Industrial Development Bonds; and
WHEREAS, the timing in the issuanee of Industrial Development Bonds is
normally a critical part of the process due to existing market conditions; and
WHEREAS, the Commissioners (the "Commissioners") of the Housing and
Redevelopment Authority in and for the City of Fridley (the "Authoritq") will
retain the author3ty for approval oF issuance of Industrial Development Bonds
of the Authority sub�ect to final approval by the City Couneil,
NOW, THEREFORE, BE IT RESOLVED, that the Commissioners of the Authority do
hereby authorize the Executive Director, after notification of the Authority,
to administratively publish notices calling Por public hearings for the
issuance of Industrial Development Bonds by the Authority.
PASSED AND ADOPTED BY THE HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF
FRIDLEY THIS P1�t DAY OF .iu1 � � 1983,
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LAWRENCE R. C�MMERS� CHAIRMAN
ATTEST;
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RROLD L. BOARDMAN
ERECUTIVE DTRECTOR
2/2/31/10
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