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Motion by Councilmember Marks and seconded by Councilmember Enrooth to adopt the <br /> • resolution authorizing the sale of bonds for the Chandler Place Project. <br /> RESOLUTION 85-049 <br /> RESOLUTION AUTHORIZING THE SALE AND ISSUANCE OF <br /> MULTIFAMILY HOUSING REVENUE BONDS (_ST. ANTHONY <br /> NURSING HOME PROJECT) , SERIES 1985, OF THE <br /> CITY, FOR THE PURPOSE OF FINANCING A MULTIFAMILY <br /> RENTAL HOUSING PROJECT, AND AUTHORIZING THE <br /> EXECUTION OF NECESSARY DOCUMENTS <br /> Motion carried unanimously. <br /> Motion by Councilmember Ranallo and seconded by Councilmember Marks to adopt the <br /> resolution which approves the amendment to the redevelopment plan for the Chandler <br /> Place which would provide for an alternative use of tax increments revenues for <br /> the bond resserve rather than to provide for the additional soil corrections <br /> costs encountered on the project property. <br /> RESOLUTION 85-050 <br /> A RESOLUTION APPROVING AMENDMENT NO. 1 TO THE <br /> REDEVELOPMENT PLAN FOR THE HOUSING AND REDEVELOPMENT <br /> AUTHORITY OF ST. ANTHONY, MINNESOTA, ENTITLED <br /> "CHANDLER PLACE REDEVELOPMENT PLAN AND TAX <br /> INCREMENT PLAN"; ORIGINALLY DATED OCTOBER 8, 1985 <br /> • Motion carried unanimously. <br /> Motion by Councilmember Ranallo and seconded by Councilmember Enrooth to adjourn <br /> the meeting at 9:49 P.M. for the meeting of the Housing and Redevelopment Authority <br /> which followed immediately. <br /> Respectfully submitted, <br /> Helen Crowe, Secretary <br /> Mayor <br /> ATTEST: <br /> City Clerk <br />