HomeMy WebLinkAboutgr00090_000056_pg202Mounds View City Council July 13, 1981
Regular Meeting Page Three
Dsse Warren, of the Planning Commission, stated
chat the Planning Commission had recommended
approval of the project with the idea of having
screening and that she was concerned it would
still be required. Mayor McCarty replied that
the Council was taking it into consideration
and he recommended that Mr. Braslau would be
able to suggest the type of barrier that would
best suit the area.
Mayor McCarty closed the public hearing and
reopened the regular meeting at 8:31 PM.
Motion /Second: Hodges /Doty to approve tax
exempt financing for Tyson Trucking and
approve Resolution No. 1324 and waive the
reading of the resolution, and approve the
development agreement to be drawn up, to
take into consideration the noise.
4 ayes 0 nays
Mayor McCarty stated he was concerned that
a thorough financial check be done on
Tyson Trucking. Russell Prince, of Juran
Moody, Inc., replied that they were
,:onsidering doing a private placement of
the bonds, and Tyson Trucking will be
subjected to a very close scrutiny of their
financial statements. He added that he has
reviewed them already and find they are very
qualified. He also stated that they do not
plan 100% financing and he does not believe
the end financing will exceed $2,000,000.
Mayor McCarty noted that the public hearing
for the Kraus - Anderson tax exempt financing
had been cancelled.
Motion /Second: Doty /Hodges to set a new date
for the Kraus - Anderson tax exempt financing
public hearing, to be August 10, 1981 at
7:40 PM and 7:50 PM.
4 ayes 0 nays
Mayor McCarty asked that Item G be removed
for discussion.
Dtion /Second: Doty /McCarty to approve the
consent agenda, minus Item G, and waive the
reading of the resolutions.
4 ayes 0 nays
Motion Carried
6. Tax Exempt Financing
for Kraus- Anderson
Development on North
Side of County Road I
Motion Carried
7. Approval of the
Consent Agenda
Motion Carried