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1 REGULAR COUNCIL MEETING <br /> AUGUST 25, 1992 <br /> 40 PAGE 13 <br /> 4 <br /> 5 <br /> 6 Redevelopment Project to be undertaken pursuant thereto and <br /> 7 Tax Increment Financing Plan for Tax Increment Financing <br /> 8 District No. 3 - Ramsey County, and making findings with <br /> 9 respect thereto. <br /> 10 <br /> 11 Commissioner Marks observed that all of the Findings are <br /> 12 contained in the resolution and the City Council agrees that <br /> 13 all of the conditions have been met to set up a Tax Increment <br /> 14 Finance District . <br /> 15 <br /> 16 Motion by Fleming, second by Enrooth to 'recess the joint City <br /> 17 Council and H.R.A. Meeting at 9 : 25 p.m. <br /> 18 <br /> 19 Motion carried unanimously <br /> 20 <br /> 21 <br /> 22 9 . NEW BUSINESS <br /> 23 <br /> 24 A. Resolution No. 92-039, Re: Sale of $405, 000 Liquor Store <br /> 25 Revenue Refunding Bonds <br /> 26 <br /> 27 The City Manager advised that three bids were received and <br /> they were all close to the projected estimates . <br /> 30 The bond counsel felt $18 , 400 could be realized in the <br /> 31 refunding. <br /> 32 <br /> 33 Copies of the Official Statement of the revenue refunding <br /> 34 bonds, drafted by Springsted, Inc . , Public Finance Advisors, <br /> 35 were distributed to the Council . <br /> 36 <br /> 37 Motion by Marks , second by Fleming to approve Resolution No. <br /> 38 92-039, being a resolution awarding the City of St . Anthony <br /> 39 liquor store revenue refunding bonds with said award being <br /> 40 made to Moore, Juran and Company, Incorporated. <br /> 41 <br /> 42 Motion carried unanimously <br /> 43 <br /> 44 <br /> 45 10 . UNFINISHED BUSINESS <br /> 46 <br /> 47 <br /> 48 A. Ordinance No. 1992-007 , Re: Storm Water Drainage Utility <br /> 49 ( second reading) <br /> 50 <br />