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Agenda - Council - 06/26/1990
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Agenda - Council - 06/26/1990
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
06/26/1990
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NOTICE OF PUBLIC HEARING <br />ON INDUSTRIAL DEVELOPMENT PROJECT AND ISSUANCE OF REVENUE <br />BONDS BY THE CITY OF RAMSEY ON BEHALF OF RAMSEY INVESTMENTS <br />AND PARABODY, INC. <br /> <br />CITY OF RAMSEY <br />ANOKA COUNTY <br />STATE OF MINNESOTA <br /> <br />TO XVHOM IT MAY CONCERN: <br /> <br /> Notice is hereby given that the Ramsey City Council will hold a public hearing on Tuesday, <br />June 12, 1990 at 7:30 p.m. at the Ramsey Municipal Center, 15153 Nowthen Blvd. NW, Ramsey, <br />Minnesota. <br /> <br /> The public hearing will be on an industrial development project proposed to be undertaken <br />and financexl by the City pursuant to Minnesota Statutes, Sections 469.152 to 469.165, as <br />amended (the "Act"), on behalf of Ramsey Investments, a Minnesota general partnership (the <br />"Borrower"). The project as proposed consists generally of the acquisition, consn-uction and <br />equipping of an approximately 63,000 square foot manufacturing facility in the City (together with <br />related site improvements, the "Project"), to be owned by the Borrower and leased by the <br />Borrower to ParaBody, Inc., a Minnesota corporation (the "Lessee"). The Project is to be used by <br />the Lessee in it's manufacturing business. The Project is to be located at LoT 2, Block 1, Gateway <br />North Industrial Park Plat 4, Anoka Count3,, Minnesota (14150 Sunfish Lake Blvd. N.W.) in the <br />City. Under the proposal, up to approximately $1,400,000 in principal amount of Industrial <br />Development Revenue Bonds of the City of Ramsey will be issued to finance the Project <br /> <br />At said time and place, the Cit3, Council shall give all parties who appear an opportuni5, to express <br />their views with respect to the proposal to undertake and finaB, ce the Project. A draft copy of the <br />proposed Application to the Minnesota Department of Trade and Economic Development for the <br />Project, together with all attachments and exhibits thereto, shall be available for public inspection, <br />following publication of this notice, in the office of the City Clerk, Monday through Friday, except <br />legal holidays, from 8:30 a.m. to 5:00 p.m. to and including the date of hearing. <br /> <br /> All persons are invited to attend the hearing and comment on the subject. Written <br />comments are welcome and shall be addressed to the Ramsey City Council, 15153 Nowthen Blvd. <br />~hWv', Ramsey, Minnesota 55303. Written comments shall be received at the above address prior to <br />5:00 p.m. Tuesday, June 12, 1990. <br /> <br />David Hartley <br />Ci~' Administrator <br /> <br />DATE: May 22, 1990 <br /> <br />77 <br /> <br /> <br />
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