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Councilmember CO~ stated that it has never been City policy to get involved <br />with the amount being borrowed based on the fact that the bank sets amount <br />limits based on a review of what the borrower needs. <br /> <br />Mr. Schnelle suggested that in the future it might be 9ood City policy to <br />require a Site and Design Plan prior to IRB application. <br /> <br />Lyle Mclmughlin - Stated that City approval of IRB's a/lows the developer to <br />let lending institutions know that he will have Industrial Revenue Bor~ing is <br />everything else goes through; Council is giving a oonceptual yes to the use of <br />Industrial Revenue Bonds for that particular develol~nent. Mr. McLaughlin <br />stated that requiring a Site and Design Plan prior to IRB is not an <br />unreasonable request. <br /> <br />Council unanimously oonsented to dispense with the reading of the resolution. <br /> <br />Motion by Councilmember Sorteberg and seconded by Councilm~r Cox to adopt <br />Resolution ~85-68 giving preliminary approval, to the Food 'n' Fuel project <br />pursuant to the Minnesota Municipal Industrial Develofment Act and authorizing <br />the submission of an application to the Minnesota Energy and Economic <br />Develol~nent Authority. (Please refer to resolution file for Resolution ~85- <br />68). <br /> <br />Further Discussion: Mayor }qeitman noted, for the minutes, that he still has <br />some concern regarding underground tank material type and additional facility <br />information acoompanying the request for IRB approval. <br /> <br />Motion carried. Voting Yes: Mayor Heitman, Councilm~nbers Cox, Sorteberg, <br />Reimann and Schlueter. Voting No: None. <br /> <br />c) <br /> <br />Motion by Councilmember COx and seconded by Councilmember Reimann to approve <br />the final plat of Kovar Addition, contingent upon Mr. Kovar entering into a <br />develolm~nt agreement which shall address the ooncerns of the City Engineer, <br />Planning and Zoning Oon~nission and City Council and subject to the City <br />Attorney's approval of marketable title on the property. <br /> <br />Motion carried. Voting Yes: Mayor Heitman, Councilmembers Sorteberg, Cox, <br />Reimann and Schlueter. Voting NO: None. <br /> <br />D) <br /> <br />Mobile ~km~e For T~mr~rarv. Off~me Snmcm: Oa~qe Of Mr. Allan <br /> <br />Mr. Allan Johnson was present and stated that he now plans to have a t~nporary <br />type building on the property for office space rather than a mobile home. <br /> <br />Mr. Johnson referred to Ibe~ 5.c in the findings of fact and stated that the <br />closest automobile sales site is within 100 yards and not 1 mile as stated in <br />the findings of fact. <br /> <br />Mr. Johnson referred to It~n 5 in the Conditional Use Agreement and stated <br /> March 26, 1985 <br /> <br />Page 19 of 26 <br /> <br /> <br />