RES 1983-125 - 00005884264
RESOLUTION NO. 125 - 1983
RESOLUTION GIVING PRELIMINARY APPROVAL TO A PROJECT AS
REQUIRED BY THE INFERNAL REVENUE CODE OF 1954, AS AMENDED.
(FR7T]LEY 100 LIMITED PARTNERSHIP) (INTEGRA -BUILT II, INC.)
WHEREAS, Fridley 100 Limited Partnership, a Minnesota limited partnership (the
' "Company "), has previously advised the City Council (the "Council ") of the
City of Fridley, Anoka County, Minnesota (the "City ") of its desire to
acquire, construct and equip an approximately 202 roan hotel including banquet
facilities to be located on the Northwest corner of the intersection of
Interstate Highway 694 and Highway 65 in Fridley (the present 100 Twin
Drive -In Theatre property) (the "Project "); and
WHEREAS, following notice duly given a public hearing was held on December 5,
1983, as required by Minnesota Statutes, Section 474.01, Subdivision 7b and at
which those appearing who so desired to speak were heard, the Council of the
City adopted Resolution No. 121 -1983 granting the Company preliminary approval
on its proposed Project; and
WHEREAS, pursuant to the authorization and direction of the Council, the Mayor
of the City submitted the proposal for the Project to the Minnesota Energy and
Economic Development Authority requesting its approval; and
WHEREAS, following notice duly given a public hearing was held on December 19,
1983, as required by the Internal Revenue Code of 1954, as amended, and at
which those appearing who so desired to speak were heard:
1
NOW, THEREFORE, BE IT RESCLVED by the Council of the City as follows:
1. That the Project is approved by the Council of the City subject to
Resolution No. 121 -1983.
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 19TH DAY OF
DECEMBER, 1983.
ATTEST:
SIDNEY C. INMAN - CITY CLERK
WILLIAM J. - MAYOR