RES 1981-120 - 00006355C
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RESOLUTION CALLING FOR is LIC BEARING PURSUANT TO
•: io-: • v SDdUTESr SOCTICN SOBDIVISION 7b UA
HAM I:
WHEREAS. a proposal has been made to this Council by LaMaur Inc., a
Minnesota corporation (the "Company "), 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 acquiring, constructing, equipping and
expanding of the Company's existing manufacturing building; 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 than 15 days nor more than 30 days prior to the
date fixed for the hearing; and
WHEREAS, a draft copy of a proposed application to the Minnesota
Commissioner of Securities, together with all attachments and exhibits
thereto, will be placed on file with the City Clerk;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Fridley,
Minnesota, as follows:
1. A public hearing shall be conducted by this Council on the
proposal to undertake and finance the Project on November 9, 1981
at 7:30 o'clock P.M. 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.
2. Notice setting forth the time and place of hearing, and 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 attachemnts 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 available.
DATED THIS 19TH DAY OF OCTOBER, 1981, BY ORDER OF THE CITY COUNCIL OF THE
CITY OF FRIDLEY.
WILLIAM J. NZ f MAYOR
IATTEST:
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Notice is hereby given that a public hearing shall be conducted by the
City Council of the City of Fridley, Minnesota on an industrial
development project proposed and financed pursuant to Minnesota Statutes,
Chapter 474, by the City and LaMaur Inc., a Minnesota corporation (the
"Company "). The hearing will be held at the City Hall in said City on the
9th day of November, 1981, at 7:30 o'clock P.M. The project as proposed
consists generally of acquiring, constructing, equipping and expanding of
the Company's existing manufacturing building. Under the proposal, up to
approximately $3,000,000 in principal amount of Industrial Development
Revenue Bonds of the City of Fridley will be issued to finance the
project. At said time and place the City Council shall give all parties
who appear an opportunity to express their views with respect to the
proposal to undertake and finance this project. A draft copy of the
proposed Application to the Minnesota Commissioner of Securities for the
project, together with all attachments and exhibits thereto, shall be
available for public inspection, following publication of this notice, in
the office of the City Clerk, Monday through Friday, except legal
holidays, from 8:00 o'clock A.M. to 5:00 o'clock P.M. to and including the
date of hearing.
Dated October 19, 1981
Publish: October 21, 1981
BY ORDER OF THE CITY COUNCIL
SIDNEY C. 04M - CITY CLERK
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