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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
Creation date
10/23/2019 10:28:56 AM
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MV City Council
City Council Document Type
Resolutions
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W <br />stir= : <br />LLQ Lia;_: r..u, . <br />rjand i#'.l Vii: S :,f' #-'' <br />I t'.' ..r i G tai Wil -f 17,L 11� <br />#fianc r 3 _r <br />Ir V #tri . <br />Zir:d :rF z[-ji"u I':.. i':t' ;, ti?.� tri-I}f-J' <br />atati and tit3lig.= rt::ju;rf-u %Ir,6l=r thr, : cinrt 3 tution p,t7.j 1(jW^ <br />of thty "tuf.0 rif MI1-I if ;; f i1 1 t t; �u <br />Honda 'valid and blji ljs g n1'.' sI 11 i a � <br />t_k� tom!# t1 t13t 1 g tin <br />accoMance vltl"r t}#e!r turl#iffi, zrc a thor,!,.lod by tilt- jndU_f5_ <br />trial Dbvc7o}= ent het; <br />-3- <br />t. <br />'11& Ude Of '119 Project for the NIPPON" <br />and in thr- t#1 fli6 � to <br />all appllcuble z0nItIF, Pollutlr-�ri vontrol, ester r!or-n&rva- <br />tion and outer refulation€t and CzPdi.aneet of tht Stet+ 0. - <br />"the <br />Minne40ta, the County of pd!Adey andVillage; <br />r. it 10 dasira le that the tenant be <br />authorized, in accordance with the provisi0he of Seetien - <br />- - - <br />-- � •G .� # thi *ndua trl&_l Ac -t, aftd jeet- _ <br />tv the te11nc and ounditions set forth in Article 3 of the <br />-.@fisc, which terms and conditions the Village determirtoo <br />to he necessary, desirable and proper, to pToVjd#.f0r_.th4. <br />�;:e aior► Arid int ll iloti of the Prejvct by such neana <br />as shell be AvAila-b"a to the Tenant and In <br />t ltistsiby the Tq,1ant, And with be witheut advertIae= <br />we for bids as required roc the acquisicion arra intrtt4C41a- <br />tion Of either aj munici <br />-- - p..: tPaiiitiesj _ <br />g: it is deelroble Lhnt 1rldustiiSYl. itirreloprs <br />1aa1'it M -Venue Bonds in tine amount of $1.5U0,000 ba issues: <br />by tilt Villdgc Uf;ot tilt t,erma E_ci; is l'e"=: .'.rt Win Inticil-uret' <br />- <br />lil#':le th't pr,,v.a_'0Ae -01' chiefs the Yillagate tt�x rbat.: i� <br />E <br />flow L*Lve and the recitals thereunder will be pledged avid <br />F <br />Lhe Trustee will be Given a security <br />_ <br />"lciCares_l...in-the_._Pro-:. - <br />ji -t- in security "ur the payment of principal, interest - -- - <br />and redemption premiuma on the Bands; <br />t <br />n. the rentals charged in the Lease for the <br />use of the Project are fixed, and required to be i4evised- <br />>rrotn time to time as necenesry, t so as to produce incomt: and <br />revenue sufficient to prcvidn roil I;hf4 rrnmpt payment cf <br />-3- <br />
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