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I <br /> <br />I <br /> IABE #~ I <br />I <br />I <br />I <br />I <br />I <br /> <br />The revenue and expenditure report for February is submitted for your <br />review as enclosure (D~-a), <br /> <br />~oun~tl Acttonl <br /> <br />No act ion is required <br />this report. <br /> <br />other than to note that Council has received <br /> <br />PLANNINGi <br /> <br />~tem Al ReQuest for I~suance of ~ndustrial Revenue Bonds fop <br /> Food -n- Fuel Projecti Case of Mr. Brag Johnsonl <br /> <br />Mr. Greg Johnson is requesting the use of industrial revenue bonds <br />for the purchase of a site and the construction of a Food -n- Fuel <br />station at the southeast cornet- of Highway #47 and County Road #116. <br />Mr. Johnson is requesting preliminary approval of his project and an <br />aut hori zat ion to prepare the necessary documents to submit an <br />appl icat ior, to the Minnesota Energy and Economic Development <br />Aut hop i t y. <br /> <br />The following <br />consideration: <br /> <br />items are contained in enclosure CD~-b) for your <br /> <br />a) Proposed resolution giving preliminary approval <br /> project <br />b) Proposed letter from the City to Mr. Richard Nadeau <br />c) Application <br /> <br />to the <br /> <br />Council Act ion~ <br /> <br />Your action will be to approve/disapprove of adopting the proposed <br />resolution giving preliminary approval to the Food -n- Fuel project· <br />Unanimous consensus of the Council is required to dispense with the <br />reading of the proposed resolution. The following proposed ~otion is <br />is hereby submitted for you~ consideration:/.,~ /~ ~ ~j~ ~ ~~ <br /> Mot ion by : ~' , .... and seconded by to adopt <br /> Resolution #85-., giving preliminary approval to the Food -n- <br /> Fuel project pursuant to the Minnesota Municipal Industrial <br /> Development Act and authorizing the submission of an application <br /> to the Minnesota Energy and Economic Development Authority. <br /> Please refer to resolution file for Resolution #85- . <br /> <br />Further discussion: <br />Motion carried/~i led~. <br />Vot lng r,o .-:, <br /> <br />Vot lng yes <br /> <br /> <br />