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Resolution 96-EDA42
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Resolution 96-EDA42
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Last modified
8/10/2022 11:14:25 AM
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2/2/2007 9:20:02 AM
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MV EDA
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Resolutions
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<br />. <br /> <br />. <br /> <br />. <br /> <br />"Project") and which is now under the governance and control of <br />the Mounds View Economic Development Authority (the "EDA"). <br /> <br />NOW, THEREFORE, IT IS HEREBY RESOLVED by the Board of <br />Commissioners of the EDA as follows: <br /> <br />1. The Tax Increment Pledge Agreement attached hereto and <br />made a part hereof is hereby approved, and the officers of the <br />EDA are hereby authorized and directed to take such steps as may <br />be necessary to execute said Agreement, in substantially the form <br />as attached, upon approval and execution thereof by the City, and <br />to carry out and fulfill the provisions and requirements thereof. <br /> <br />2. The EDA hereby makes formal request to the Mounds View <br />City Council to issue the Bonds to assist the EDA in refinancing <br />public development costs associated with the EDA's Mounds View <br />Economic Development Project. <br /> <br />Adopted by the Board of Commissioners of the Mounds View EDA <br />this on February 5, 1996. <br /> <br />The motion for the adoption of the foregoing Resolution was <br />duly seconded by Commissioner LPU(C~ and upon vote <br />being taken thereon, the following voted in favor thereof: <br /> <br />/I/I/,I("E / j;V<-/)(!-/ Vvtete / /4vK'VC-><' / PU'77!fcrr,.:f,eo <br />and the following voted against the same: <br /> <br />whereupon said Resolution was declared duly passed and adopted. <br /> <br />311082.1 <br />
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