07-14-1982 Council Agenda - Laserfiche WebLink

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NOTICE OF PUBLIC HEARING ON A PROPOSAL FOR AN INDUSTRIAL FACILITIES DEVELOPMENT PROJECT To whom it may concern: Notice is hereby given that the City Council of the City of Little Canada, Minnesota will meet at the City Hall in the City of Little Canada, Minnesota at 8: o'clock p.m. on 14th day of July, 1982, to consider the proposal of Metal - tronics, Inc., that the City assist in financing a project hereinafter described by the issuance of industrial development revenue bonds. Description of Project The acauisition of land and construction thereon of a 41,000 square -foot office /warehouse /metal - fabricating facility to be located in the City of Little Canada in Yorkton Industrial Park. The estimated principal amount of bonds or other obligations to be issued to finance this project is $1,250,000. Said bonds or other obligations if and when issued will not constitute a charge, lien or encumbrance upon any property of.the City except the project and such bonds or obligations'will not be a charge against the City's general credit or taxing powers but are payable from sums to be paid by Metal- tronics, Inc. pursuant to a revenue agreement. A draft copy of the proposed application to the Commissioner of Energy, Planning and Development, State of Minnesota, for approval of the project, together with all attachments and exhibits thereto, is available for public inspection beginning June- 29 - -82 , 1982, from 8 o'clock a.m. to 4 :30 o'clock p.m., Monday through Friday, at the City Hall. At the time and place fixed for said Public Hearing, the City Council of the City of Little Canada will give all persons who appear at the hearing an opportunity to express their views with respect to the proposal. Dated this 23 day of June , 1982. (BY ORDER OF THE CITY CCOUNN IL) By /s Josveoh Chlebeck City Clerk 9 •