RES 1981-74 - 00006272RESOLUTION NO. 74 - 1981
A RESOLUTION CALLING FOR PUBLIC HEARING PURSUANT TO
MINNESOTA STATUTES, SECTION 474.01, SUBD. 7b, ON BEHALF
OF PROPOSED INDUSTRIAL DEVELOPMENT PROJECT BY THE WINFIELD
DEVELOPMENTS, INC.
WHEREAS, A proposal has been made to this Council by the Winfield Developments,
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 the constriction of an office /warehouse/
service building thereof in the City of Fridley, Minnesota; and
WHEREAS, Section 474.01, Subd. 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, The Company has delivered 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 are now on file with the City Clerk.
NOW, THEREFORE, BE IT RESOLVED, That a public hearing shall be conducted by
this Council, on the proposal to undertake and finance the Project, on August
10, 1981 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
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BE IT FURTHER RESOLVED, That 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 available.
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 20TH DAY OF
JULY, 1981.
WILLIAM J. NEE YOR
ATTEST:
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CITY CLER'K' - SIDNEY C. INMAN
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150
(Official Publication)
NOTICE
OF PUBLIC HEARING ON
INDUSTRIAL DEVELOPMENT PROJECT
ON BEHALF OF THE WINFIELD DEVELOPMENTS, INC.
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 to be undertaken by the City and the Winfield Developments, Inc., a
Minnesota corporation (the "Company "), at the City Hall in said City on
Monday, the 10th day of August, 1981 at 7:30 o'clock p.m. The project is
proposed to consist generally of the construction of an office /warehouse/
service building in the City of Fridley, Minnesota. Under the proposal, up to
approximately $4,000,000.00 in principal amount of Industrial Development
Revenue Bonds of the City of Fridley will be issued to finance the project. A
draft copy of the proposed Application to the Minnesota Commissioner of
Securities for the project, together will all attachments and exhibits
thereto, shall be available for public inspection following this publication
of notice in the office of the City Clerk of the City of Fridley, 6431
University Avenue N. E., Fridley, Minnesota 55431, 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 July 20, 1981.
BY ORDER OF THE CITY COUNCIL
SIDNEY C. MAN, CITY CLERK
Publish: July 22, 1981
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