HomeMy WebLinkAboutEDA Resolution 06-EDA-222RESOLUTION NO. 06-EDA-222
MOUNDS VIEW ECONOMIC DEVELOPMENT AUTHORITY
COUNTY OF RAMSEY
STATE OF MINNESOTA
RESOLUTION AUTHORIZING PAYMENT OF A PAY -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, first half payment for Pay 2006 regarding one of these agreements is due on
August 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 ,Jiew Economic Development
Authority this 24 day of July, 2006.
ATTEST:
(seal)
Rol/ Marty, President
/i/7 („g
Kurt Ulrich, Executive Director