Laserfiche WebLink
MINUTES OF TAE SPECIAL MEETING <br />CITY COUNCIL <br />LITTLE CANADA, MINNESOTA <br />DECII~'IBER 6, 1995 <br />Pursuant to due call and notice thereof a special <br />meeting of the Council of the City of Little Canada, <br />Minnesota was held on the 6th day of December, 1995 in <br />the Council Chambers of the City Center located at 515 <br />Little Canada Road in said City. <br />Mayor Michael Fahey chaired and called the meeting to <br />order at 7:30 P.M. and the following members of the <br />Council were present at roll call: <br />MEMBERS PRESENT: Mayor Mr. Michael Fahey <br />Council Member Mr. Jim LaValle <br />Council Member Mr. Steve Morelan <br />Council Member Mr. Bob Pedersen <br />Council Member Mrs. Beverly Scalze <br />ALSO PRESENT: City Admin. Mr. Joel Hanson <br />City Attorney Mr. Tom Sweeney <br />City Planner Mr. Steve Grittman <br />Fiscal Advisor Mr. Rusty Fifield <br />Admin. Asst. Mrs. Kathy Glanzer <br />MARKET PLACE Based on discussion at the Council workshop meeting <br />SHOPPING regarding the sale of the Market Place Shopping Center <br />CENTER to Mr. Bob Grootwassink and Mr. Mark Hotzler, and the <br />UPDATE report by the City Administrator that the purchasers <br />have performed under the terms of the Letter of <br />Understanding that was entered into with the City, the <br />Council acted on the Loan Origination Fee Payment and <br />Expense Reimbursement Agreement. <br />Mr. LaValle introduced the following resolution and <br />moved its adoption: <br />RESOLUTION N0. 95-12-285 - ACCEPTING THE LOAN <br />ORIGINATION FEE PAYMENT OF $150,000 AND EXPENSE <br />REIMBURSEMENT AGREEMENT WITH AUTHORIZATION FOR THE <br />MAYOR AND CITY ADMINISTRATOR TO EXECUTE THE AGREEMENT <br />ON BEHALF OF TI-IE CITY <br />The foregoing resolution was duly seconded by Morelan. <br />Ayes (5) LaValle, Morelan, Fahey, Pedersen, Scalze. <br />Nays (O). Resolution declared adopted. <br />1 <br />