Agenda - Council - 10/27/1981 - Laserfiche WebLink

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! I i I ! ! I I I I I I I NOTICE OF PUBLIC HEARING ON A PROPOSAL FOR A COMMERCIAL FACILITIES DEVELOPMENT PROJECT To whom it may concern: Notice is hereby given that the City Council of the City of Ramsey, Minnesota will meet at the City Hall in the City of Ramsey, Minnesota at 7:30 p.m. on October 27, 1981, to consider the proposal of Y R Sharp, Inc., that the City assist in financing a project hereinafter described by the issuance of industrial development revenue bonds. Description of Project The construction of an office-warehouse facility to be leased to various tenants to be located one street North of State Highway 10 and 1,000 feet East of Sunfish Lake Boulevard - (County Road 56) in the City of Ramsey. The estimated principal amount of bonds or other obligations to be issued to finance this project is $350,000. Said bonds or other obligations if and when issued will not constitute a charge, lien or encumbrance upon any property of the City except the project and such bonds or obligations will not be a charge against the City's general credit or taxing powers but are payable from sums to be paid by ¥ R Sharp, Inc., pursuant to a revenue agreement. A draft copy of the proposed application to the Commissioner of Securities and Real Estate, State of Minnesota, for approval of the project, together with all attachments and exhibits thereto, is available for public inspection beginning October 9, 1981, from 8:30 a.m. to 5:00 p.m., Monday through Friday, at the City Hall in the City of Ramsey. At the time and place fixed for said Public Hearing, the City Council of the City of Ramsey will give all persons who appear at the hearing an opportunity to express their views with respect to the proposal. (BY ORDER OF THE CITY COUNCIL) By Lloyd Schnelle Administrator