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02-24-1982 Council Agenda
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02-24-1982 Council Agenda
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CITY OF LITTLE CANADA <br />NOTICE OF PUBLIC HEARING <br />ON A PROPOSAL FOR A COMMERCIAL <br />FACILITIES DEVELOPMENT PROJECT <br />TO WHOM IT MAY CONCERN: <br />Notice is hereby given that the Council of the City of Little Canada,Minnesota, <br />will hold a public hearing on the,24th day of February, 1982,at 8:00 o'clock <br />P.M. in the Council Chambers of the City Center located at, 515 Little Canada <br />Road in said City to consider the following. <br />A proposal of Viking Partnership,a Minnesota general partnership, that the City <br />assist in financing a project hereinafter described by the insuance of industrial <br />development revenue bonds. <br />PROJECT <br />Land acquistion,site preparation and construction of a <br />multi- tenant retail facility of between 30,000 and <br />40,000 square feet to be located on Minnesota Ave,East <br />of Rice St. in the City of Little Canada,minnesota. <br />The estimated principal amount of bonds or other obligations to be issued to <br />finance this project is $ 1,500,000.00. <br />Said bonds or other obligations if and when issued will NOT constitute a charge, <br />lein or encumbrance upon any property of the City except the project and such <br />bonds or obligations will not be a charge against the City's general credit or <br />taxing powers but are payable from sums to be paid by Viking Partnership pursuant <br />to a revenue agreement. <br />A draft copy of the proposed application to the Commissioner of Energy,Planning and <br />development,State of Minnesota, for approval of the project,together with all at- <br />tachments and exhibits thereto, is available for public review beginning , Feb. -8 -1982, <br />during normal business hours, 8:00 A.M. to 4:30 P.M.,Monday thru Friday at the City <br />Center located at 515 Little Canada Rd. <br />All persons desering to be heard with reference to this matter will be heard during <br />this hearing. <br />Joseph G. Chlebeck <br />Clerk <br />
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