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TO: <br /> <br />FROM: <br /> <br />DATE: <br /> <br />RE: <br /> <br />Ramsey City Council <br /> <br />William K. Goodrich, City Attorney <br /> <br />November 10, 1981 <br /> <br />Super Bowl $380,000 Industrial Revenue Bond Issue <br /> <br />In my capacity as City Attorney, I have reviewed the following documents <br />relating to the above issue: <br /> <br />1) June 30, 1981 Preliminary Resolution <br /> <br />2) Loan Agreement <br /> <br />3) Guaranty <br /> <br />4) Note <br /> <br />5) Pledge Agreement <br /> <br />6) Record of Proceedings <br /> <br />I have recommended to bond counsel that the guarantors indemnify the City <br />along with the borrowers relating to the question of any civil liability <br />etc. relating to the issue. In addition, I have recommended a change in <br />one of the certifications which the City Administrator has been asked to <br />sign. Based on my document review and amendments, I recommend t_hat the <br />Council adopt the enclosed final resolution relating to this project. <br /> <br />WKG: po <br /> <br /> <br />