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! <br />! <br /> <br />Mayor l~eitman stated that sc~e additional informa t/ on would be helpful as it <br />is Council's business to approve the IRB. <br /> <br />Mr. Schnel]e stated that the City should then r~quire a Standard Operating <br />Procedure (SOP) with IRB applications. <br /> <br />Councilme~ber Cox 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 good City policy to <br />require a Site and Design Plan prior to IRB application. <br /> <br />Lyle McLaughlin - Stated that City approval of IRB's allows the developer to <br />let lending institutions know that he will have Industrial Revenue Bonding is <br />everything else goes through; Council is giving a conceptual yes to the use of <br />Industrial Revenue Bonds for that particular development. Mr. McLaug~in <br />stated that requiring a Site and Design Plan prior to IRB is not an <br />unreasonable request. <br /> <br />Council unanimously consented to dispense with the reading of the resolution. <br /> <br />Motion by Councilmenber Sorteberg and seconded by Councilmanber COx to adopt <br />Resolution ~85-68 giving preliminary approval to the Food 'n' Fuel project <br />pursuant to the Minnesota Municips_l Industrial Develol~ent Act and authorizing <br />the sutmission of an application to the Minnesota Energy and Econcmic <br />Development Authority. (Please refer to resolution file for Resolution ~85- <br />68). <br /> <br />Further Discussion: Mayor }{eitman noted, for the minutes, that he still has <br />scme ooncern regarding underground tank material type and additional facility <br />information acoompanying the request for IRB approval. <br /> <br />Mot/on carried. Voting Yes: Mayor Reitman, Counciln~mbers Cox, Sorteberg, <br />Reimann and Schlueter. Voting No: None. <br /> <br />C) Reguest For Final Plat _A~proval Of Kovar Addition: Case Of Mr. Michael <br /> Kovar: <br /> <br />Motion by Councilme~ber Cox and seconded by Councilmamber Reimann to approve <br />the final plat of Kovar Addition, contingent upon Mr. Kovar entering into a <br />development agreenent which shall address the concerns of the City Engineer, <br />Planning and Zoning Cc~mission 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 Heit~an, Councilmsnbers Sorteberg, Gox, <br />Reimann and Schlueter. Voting No: None. <br /> <br />D) Reguest For Conditional Use Permit To Sell Motor Vehicles And To Use <br /> Mobile P~me For Tempo_ rary_ Office _Space: Case Of Mr. Allan Johnson: <br /> <br />Mr. Allan Johnson was present and stated that he now plans to have a temporary <br />type building on the property for office spsce rather than a mobile hcme. <br /> March 26, 1985 <br /> <br />Page 19 of 26 <br /> <br /> <br />