HomeMy WebLinkAboutEDA Resolution 07-EDA-228RESOLUTION NO. 07-EDA-228
MOUNDS VIEW ECONOMIC DEVELOPMENT AUTHORITY
COUNTY OF RAMSEY
STATE OF MINNESOTA
RESOLUTION AUTHORIZING PAYMENT OF APAY-AS-YOU-GO DEVELOPER PAYMENT TO
HEARTLAND-MOUNDS VIEW COMMON BOND .
It is hereby resolved by the Board of Commissioners (the "Board") of the Mounds View
Economic Development Authority (the "Authority") as follows:
WHEREAS, the EDA has entered into pay-as-you-go development agreements on three
properties with the developers of those properties; and,
WHEREAS, second half payment for Pay 2006 regarding one of these agreements is due
on February 1st; and,
WHEREAS, payment of $20,373.34 to Heartland-Mounds View Common Bond for the
Silver Lake Pointe project is now appropriate.
NOW THEREFORE BE IT RESOLVED, that the Mounds View Economic Development
Authority does hereby approve payments of $20,373.34 to Heartland-Mounds View Common Bond.
Adopted by the Board of Commissioners of the Mounds w Economic Development
Authority this 22"d day of January, 2007. ~''
Rob ~rty, President
ATTEST: C%!
Ku Ulrich, Executive Director
(seal)