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Resolution 0593
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00500 - 00999 (1970-1979)
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Resolution 0593
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Last modified
10/23/2019 3:14:07 PM
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10/23/2019 10:28:56 AM
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MV City Council
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Y-, rurmunnt I- Pl--el 1 1 n 110,FY <br />'i -.w 1 1 It V <br />trie 'if � <br />Uiurmittf-ri t i -141,C <br />h v (I U I v I <br />Vi 1 o f <br />r�r ,quifliticr nnt, iwit-il I fit I <br />QmjItt,;y I - Ir <br />LVL."� X <br />cjr t1le projoet in the n Pie of 4 h v V 1 1 ht!� at -:d !-!-' - <br />, )r tr I , -1 g t I <br />, � . 1� . j . ,, <br />agitrimrvtl� hy tilt: <br />to the Projeut anti In r 1aLirtti to Ito InLtallatinn.. <br />b. Vlortqnge and jndtnturt -f TruBt, dth-t-I <br />a# of Devewit-r 1, 1972, tu late malt: ind unt-erect int) 1! <br />rnt pru,t C -,uiptmy or S&Int <br />twoon tlx Village and t'he F1 <br />ledgin& this r-tvenw-m and giving a <br />Ii <br />M*Vtg&Xw and security Interefit li� t" <br />socurity of *11lir,00,000 Indugtplal Devejopmcnt Hevorme. <br />bonds or 1972, prnionsel to be issued by ti,e Villtigo or <br />Koutistis Viev, and artring ilvrtls proporifid recit.&IIIII, cGvctl?- <br />ants and agreemelil- o by the rartl 05 WI t -i-, Vel PECt tl ert. tr <br />It in hereby found, tiotermAned and detlared <br />that. <br />a. the rPR2 ill <br />DUIIQIn5O# U& <br />equipment and, related equipment de-scrib(41 ll tn 0 0450 <br />and Indenture referred to above cons-titutt., a Project <br />&Uthoris#d by the Minnesota Indj-.tria3 DevelOPWAtWit <br />W. the PUPPONO Of thk PPOICt- I -W tui- the <br />atfwot ttVer#OT_ wl 11 b -e- to -VIIM Ott thft, pub Iije- welfare- by <br />t and dilvillngment Ot **OnOmic- <br />a S <br />_-Wraction, onevursemen- <br />t rj PrIFYInt $kr <br />aa.lfi. <br />00--lbles the jjm*rjj#no& of �Ijighted rand marginal larjOs <br />P8 --- <br />VW.areas of ellronio unw-111101-6--ment; the devulaorlt <br />U1,ces or, the dormnityi <br />Inaiis try v U6 C . + <br />'hat:va. <br />n Or ill <br />n$ Iveil V t/ <br />-J-ft fir U retui o <br />I public service raoilitiestl by halting <br />Sr. #duestione.1 and onne� of mature age <br />pment or talented, educated pers <br />to othor iarstar. and thui �reservi� VIII vo—onomi-a -and -h Amon <br />resources needed an a bast for providing goverranoIntal <br />and racilities; and the intensive development of <br />land available in the copununity tt, fir' -vide <br />tax base to finance the increase in the amount and exist <br />or governmental fiervlOed: <br />-2- <br />
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