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lhis ApplicaLL‘n iirl':ii: be ..II1 I). AA.1 LO Ctlilarlifs1.o er In duplicate <br />STATE OF MINNESOTA <br />DEPARTMENT OF COMMERCE - SECURITIES DIVISION <br />APPLICATION <br />For Approval of Municipal Industrial Revenue Bond Project <br />Date MAY 9, 1979 <br />To: <br />Minnesota Department of Commerce <br />Securities Division <br />500 Metro Square Building <br />St. Paul, Minnesota 55101 <br />The governing body of LITTLE CANADA , County of RAMSEY <br />Minnesota, hereby applies to the Commissioner of the State of Minnesota, <br />Securities Division of the Department of Commerce, for his approval of this <br />conrnunity's proposed municipal Industrial Revenue Bond Issue, as required <br />by Section 1, Subdivision 7, Chapter 474, Minnesota Statutes. <br />We have entered into preliminary discussions with: <br />FIRM E.M. DELONAIS (OWNER OF GOPHER ELECTRONICS co.).. <br />ADDRESS 2520 W. LARPENTEUR AVENUE <br />CITY ST. PAUL STATE MINNESOTA 55113 <br />State of Incorporation N/A <br />1616 PIONEER BUILDING <br />Attorney DENNIS A. BOWMAN Address ST. PAUL, MINNESOTA <br />Name of Project GOPHER ELECTRONICS. PROJECT <br />This firm is engaged primarily in (nature of business): <br />INDUSTRIAL ELECTRONICS WHOLESALE SUPPLY. <br />The funds received from the sale of the Tndu.stri_al Revenue Bonds will <br />be used to (general nature of project): PURCHASE LAND AND CONSTRUCT A TWO-STORY <br />BUILDING DESIGNED TO HOUSE THE OPERATIONS OF GOPHER ELECTRONICS CO., AS WELL AS <br />PROVIDE ADDITIONAL RENTAL OFFICE SPACE WITHIN THE COMMUNITY. <br />It will be located in LITTLE CANADA,_ MINNESOTA. <br />The total bond issue will be approximately $13502000.00 to be applied <br />toward payment of costs now estimated as follows: <br />-1- <br />