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Resolution 1322
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Resolution 1322
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Last modified
11/12/2019 7:32:41 AM
Creation date
10/30/2019 2:37:49 PM
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MV City Council
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Resolutions
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L -f Lhu L ILy 1-14 <br />Mounds ViUW, Minrievotal will rueet I'll i, 7.-40 17 1 C, OP. <br />P I M t t C i ty 11;l 1 1 me'until. VJ uw, ?'.A <br />$-- <br />conducting a poill -t 110 1 ontle revo n tic- <br />. I ic hear ]-fiq oil ki P. .1 L ha t <br />17--ofids or notub, ill uJi'l ul 11"Ul-W W441 1 UN, WidL-1- the mu,licjipal I ndurstrial <br />cjiapt.ur 474, ab anawtied, if) <br />order to finall C e L h C E-2 1--, -B t U- f �1 P. K C- J Q, L L pro-ject will <br />consist of LIJO cullstKucLiun, iliturim t ina ic ij)q permanent f inan- <br />cing of two (--.f f jcc -Ll, ICI 1�.yh ill I <br />.1 - I I I --n <br />"t -Y � L ialf ot Fraus indurson <br />bevalopment Corporation, " mi ntit-FI(It rl C''t t on, rht, ont imhtvo total <br />AMO-uftt Of the proponad innuo is $4,01(),Doul. The 1junds ur notca may lia <br />issued in one or morf, uerlos And 1311a 11 lie limitud 01311qations of the <br />City. Tha buinds or notes , and intorp-mit- t,tirrf-r.n, -i:.1,.1' -)�U payable <br />solely front r <br />thu evebue plodqud to the payment thereof, exce <br />pt thp.t <br />such borlds or notom piny he secured J.,y a ifitittvaqu or Oth&r encumbrance <br />on the project. NO 110100gr of an-, such bond or 4into ahall evrmr haivo the <br />right to compe! any exercise of the �axinq powor of tho City to ptty the <br />bonds or notes or tile interest thurvan, no*r to unforce payment against <br />any prot*rty of the City. <br />A draft copy r I tht, fir -poised applicaticii to tho Minneeotd <br />CU.9amia-Aiener of SOCUritlen for approval Of tile Project, toasth#.&r with <br />all Attachments anti exhl)--its- t,11,.rvfnl iF, ;lv-= %r oubliz in-r-,pec- <br />jlialDjz� <br />tion at the office ot tile <br />ClOrk-AdminiAtrator durtnu <br />hours. ncrtnal burainvat <br />All perbons interCYLLCd may aPPear and lio hward at the time and <br />Place not forth abovin. <br />BY OPPER OP THE CITY (!OfJNCIL <br />By- Dontild F. Paulu <br />Clurk-itdiiiii-ar-trator <br />
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