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No. R-85-69 <br />CITY OF FALCON HEIGHTS <br />C O U N C I L R E S O L U T I O N <br />Date December 19, 1985 <br />A RESOLUTION RELATING TO ACCEPTING THE DEVELOPMENT AGREEMENT FOR <br />THE FALCON HEIGHTS OFFICE PARK <br />RESOLVED, THAT <br />WHEREAS, the City of Falcon Heights is in the process of issuing industrial <br />development bonds for the Falcon Heights Office Park being developed by <br />Stratford Investments, Ltd.; <br />WHEREAS, a development agreement must be in place before the land for <br />the project is purchased; <br />WHEREAS,. a development agreement has been prepared and is now before the <br />Council from the City of Falcon Heights; <br />NOW,. THEREFORE, be it resolved that the City Council of the City of Falcon <br />Heights hereby authorizes the Mayor and Clerk-Administrator to execute <br />the development agreement currently before it and to make any revisions <br />necessary upon consultation with legal counsel. <br /> <br />Moved by Councilmember Chenoweth <br />Seconded by Councilmember Hard <br />Yeas lays <br />• Cie ert ,~-~In Favor <br />rna <br />t/Baldvin <br />~"flard ~ARainst <br />--Chenoweth Ciernia Absent <br />Adopted by Council December 9, 1985 <br />ate <br />Attested by aL°~~~ y> ' <br />Clerk Admin. <br />~~~~~~ <br />Date <br />