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CITY OF LITTLE CANADA <br />RAMSEY COUNTY, MINNESOTA <br />Office of: <br />JOSEPH G. CHLEBECK, Clerk <br />515 Little Canada Road <br />Little Canada, Minn. 55117 <br />484 -2177 <br />TO WHOM IT MAY CONCERN. <br />CITY OF LITTLE CANADA <br />NOTICE OF PUBLIC HEARING <br />PROPOSED ISSUANCE <br />$ 1,000,000.00 <br />• INDUSTRIAL REVENUE BONDS <br />ON BEHALF OF <br />ST. JUDE'S MEDICAL INC. <br />MAYOR <br />Raymond Hanson <br />COUNCIL <br />Robert DeBece <br />Roy P. Nadeau, Jr. <br />Michael Fahey <br />Beverly Scaize <br />Notice is hereby given that a public hearing shall be conducted by the Council <br />of the City of Little Canada,Minnesota,on the,l3th day of August,1980, at 8:45 <br />o'clock P.M.,in the Council Chambers of the City Center located at,515 Little <br />Canada Road in said City to consider the following. <br />PROPOSAL <br />J <br />That the City of Little Canada assist in financing <br />a project hereinafter described by the issuance of <br />industrial revenue bonds. <br />AMOUNT $ 1,000,000.00 <br />APPLICANT St. Jude's Medical Inc. <br />PROJECT Consist generally of land acquistion and construction <br />of corporate headquarters building in the City of <br />Little Canada, in the area of Co. Rd. B -2- and Viking Dr. <br />and the acquistion and installation of equipment thereof <br />together with any required site improvements. <br />( Project Cost.) <br />Land acquistion and site development $ 1,000,000.00 <br />Construction $ 2,500,000.00 <br />Equipment acquistion & Installation $ 750,000.00 <br />Architectural and Engineering $ 100,000.00 <br />Legal fees $ 25,000.00 <br />Interest during Construction $ 50,000.00 <br />Contingencies $ 50,000.00 <br />Other $ 25,000.00 <br />$ 4,500,000.00 <br />