Resolution 0593 - Laserfiche WebLink

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r iYf ;1 C41�! Irl 1 1. l41 i1 J-11-.- 11 - - 1. F1. ! tjrlYEL{il-MhW! A('.i A` THP f i4 t1 YL�TlITn`j'P7M1ti- l.1rV .}..:.1.... .. .:'! .._._�••,n .r... iq 7 1 t. i r• t., tr.. - BE IT i(E;M(INtaaTi ;caa ct LNL- Vi, JI.i t'u of MniInl4" Vi.ew; MInn,7rn*a; n!. rnllrWr M.F.J. Mumpany, a puirtney' i1' -P, tri t. tiie Y1l lfige Wider - take a certnit. Pro4eet 45 hf.reln deujr1bt-t, puri#uant: t=, the Minnesota Industrial Developrimrit Act, Chapter 4-th, Minnesota Statutes. 2. i`he rrojeet which 18 to ,onlrlSt of Vi requivition, acinatruoti"" k„i3 r-T41ppirig of a trucking z storage and operating terminal will give employmeAt to approximately 50 p6rocins , will hoop to =_noroaae the tax t~ese Of t};e Village aad will othtrwiso fuiither the - G policies and purposes of said Tnduatrial Development Aot, 3. Under the propoer.l the Project will iso -- ue3quired from the proceeds of lnduntria� Develop1rent - _ ROVATILIG Sonda to be issued by the Villago wlth. C3.tla 6u the Project property to he taken in the name of the _ Villa f and the Pr=oject will then Lw leanedu sua.nt € to thi trrms of a Lehoup by the "illiage to M..J. C tinny who will in turtr autileat� t}r€r8,efrl toCe.turMe+tor� - 3. 1=I Inc. It is further poopused that the illage a mortgage in the #.tl estate and a src4r: ity lnte.iqut Ifuthe Dersnnal property constioiting the Projiet and pled -11a thr revenues w.p ether r r)celpta derived r!rm the leasing sof the Project to thu Pl.ir;et Pru6t Grrmiisn,, ,:-f faint Prize. --: fin Trustee ror tris graurrity eif and ngmint fo=' ii5oo ooh Industrial. Delvlopment gevenue Bondi of 1!72 of tAe v11- -�- la�e . all_ in ancardannu. with a rroponed fo' rm of ftrtgag+r and ndenture of Frust, hereinafter referred to is the Indenture. 4. Thia Council by action taken on September P5, 1972, Save prellminary approval to the propopel and on or about October 3, 1972, tate Commiosionar of Economic Deveic+p- ment gave approval to the Pro,lect as tending to further the purposCS and policloa of the Minnesota Industrial Develop- ment Act. Ez-.