08-14-2002 Council Agenda - Laserfiche WebLink

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PUG BS 22602 4;41 PM FR BRIGGS & MORGAN TO 96514844538 P.0? NOTICE OF PUBLIC HEARING ON THE ISSUANCE OF HEALTH CARE FACILITIES REVENUE OBLIGATIONS TO FINANCE A PROJECT BY WINGSPAN LIFE RESOURCES TO WHOM TT MAY CONCERN: Notice is hereby given that the City Council of the City of Little Canada, Minnesota, will meet in the City Council Chatnbers at the Little Canada City Hall, in the City of Little Canada, Minnesota, at 7:30 p.rn. on Wednesday, September 11, 2002, to consider the proposal of Wingspan Life Resources, a Minnesota nonprofit corporation (the "Corporation ") that the City finance the project hereinafter described, pursuant to Minnesota Statutes, Sections 469.152 to 469.1651, by the issuance of revenue obligations. Description of the Project: The project consists of the refinancing or acquisition and renovation by the Corporation of 4 -bed supervised living services health care facilities for developmentally disabled persons and an office building as more particularly described below: Location Refinancing Acquisition and Renovation Max, Amount to be Issued Falcon Heights Portion 1489 Hoyt Ave. West, Falcon Heights $150,000 FALCON HEIGHTS TOTAL $150,000 Minneapolis Portion 611 West 34th Street, Minneapolis $160,000 MINNEAPOLIS TOTAL $160,000 Roseville Portion 2939 Troseth, Roseville $170,000 ROSEV ILLE TOTAL $170,000 Little Canada Portion 2954 Rice Street, Little Canada $292,000 LITTLE CANADA TOTAL $292,000 Bloomington Portion 10220 York Lane, Bloomington $200,000 9400 Sheridan Avenue, Bloomington $200,000 9212 Portland Avenue S., Bloomington $200,000 $600,000 BLOOMINGTON TOTAL Subtotal 3480,000 $892,000 $1372,000 Issuance costs $28,000 TOTAL 51,400 000 1434110v1