Resolution 1348 - Laserfiche WebLink

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PL' -M if I ION (_�IVIN(- Itid I M11NAkI AN,W)VAI TO AN 0,141411, 1 MAI I)1_ V'LLOPNII 141 Vkt-jil I- I tim)[k I tit N1JN.qL1,U I A f%41UNii_jIP;kj_ iba-1t;t. I KIAt-_ I AL, I HE IT RIFIR01VUr), by the rity Cct)nrtl rif it-,- cit,, ()f N-jout-ldf VILW, 'if - (the "r-ity") , as follows It Is herelly found, deteriffitted and tie: listleff as fvlltjwl� �A The City is authnrized by �Prtion 414;02 Subdi In of the hit-notipal Industrial Development Art fth^ . Act") to Issue its revenue bonds or fiAtC4 tO finrifif_@ I apital vtolects tntisistin 9 of properties, real or mrsonal. ticed tir iteofiil I-- --th n rn�_rE�Pur. prurlucirg S. The Act includils findings ot tho 1-0,ini lilt,# re that the O.Oe should encourage local governments to promote and develop erallomically sound indvotry and immmerce s'o a's Lu prevent economm daterloration. ---- - ------- C. Representatives of Krami-Anderson Development Cninporation. a im-r-porstion, acting for itself or #1 qiinarst par-t-n#r of a to he form" limited partnership (the "Devoloper") havo advised this Courcil of their plant to construct and operate an offlr,� ballding and related @MtlW -f-thit Mi _M V1, .0party- waivii-I thill at the - intie action of County Road I and a Street under development to be nalmad Sun7voldat Road Oho logal description nf which Is attach, W hereto). The -Divelo-par. indicated that it exp to_ act&+ th*+ Praisat, upon complistion have a beneficial effect urton that City through increased commercial 9:-+--- + tr4n#M.t +# : Irt the - ity, f a u an C V -d 'ob ort "Aims Upp sirneiftly 71a._ jutm with a estimated brinual payroll of SJW _;g9a Ane in the itiLreaffis in 'I tax base of the uty, the County and schooUdistrint-In- -is-locatod, -They+ 44111, pilit"Alliftt 0-- the Act. its UN- eXampt cam amial,da"lopment -rivanuat- bonds In an a _6114the amount not aiiictitedlnq� 12,000,0IM--shd I - -n- t el - for____ Go -rocleds th*WVM to the Devoinrier to assist in financing the cap 11 P I costs 0( tile Pitojoct, 0. This Council has caused to be held an August IV81, Following of the giving of the riquired notite, a public hearinDA-�r',i a of -prop"al -the City tou-nd-irts-ke --and finan-ce the Project and hIst glyien all parties Who 0 o the hooz Orpoere III .1"S 4e opportunity to express theilr -view& Alth respect to such proposal, E, The tOwlien" of the Project within the City would increase the tax bass of the City and the County and school d.strio In which the City is loca+td, wou!d ancoupale a raV10hue-produring enterprise within the City's commercial morkao aree and wnuld provide additional employment onportunitles. tile "vii-iiii—I of !;cGurittes and hr -al 1_41talt, tokittlior with ---- - -------