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Extract of Minutes of Meeting of the <br />City Council of the City of Little Canada, Minnesota <br />Pursuant to due call and notice thereof, a regular meeting <br />of the City Council of the City of Little Canada, Minnesota was <br />duly held at the City Hall in said City on Wednesday, September <br />9, 1992, at o'clock P.M. <br />The following Council Members were present: <br />and the following were absent: <br />* ** <br />The Mayor announced that this was the time and place for a <br />public hearing on a proposal for a municipal housing program, <br />including the undertaking and financing of a senior housing <br />facility in the City and the issuance by the City of revenue <br />bonds therefor on behalf of The Presbyterian Homes of Minnesota, <br />Inc., a Minnesota nonprofit corporation. The following persons <br />appeared: <br />After all persons present had an opportunity to express <br />their views, the hearing was closed. <br />* ** <br />Council Member then introduced <br />and, the reading in full thereof having been waived, moved the <br />adoption of the following written resolution: <br />RESOLUTION GIVING APPROVAL TO A MUNICIPAL HOUSING <br />PROGRAM TO PROVIDE FINANCING FOR A SENIOR HOUSING <br />DEVELOPMENT AND GIVING PRELIMINARY APPROVAL TO <br />THE ISSUANCE BY THE CITY OF REVENUE BONDS THEREFOR <br />ON BEHALF OF THE PRESBYTERIAN HOMES OF MINNESOTA, INC. <br />Page 1 <br />