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Agenda - Council - 03/26/1985
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Agenda - Council - 03/26/1985
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
03/26/1985
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I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br />I <br />I <br />I <br /> <br /> STATE OF MINNESOTA <br />DEPARTMENT OF ENERGY AND ECONOMIC DEVELOPMENT <br />FiNANCiAL MANAGEMENT DIVISION <br /> <br /> Application for Approval of <br />Industrial Development Bond Project Pursuant to Chapter 474 <br /> <br />IPlease submit this form in duplicate - all Supporting data in single COpy only) <br /> <br />0ate: <br /> <br />The governing body of Ramses; . County of Anoka <br />Minnesota, hereby applies to the Minnesota Department of Energy and Economic Development IDepa~tment) for <br />approval of a proposed Industrial Development Bond issue as required by Minn. Stat. 474.01, subcl. 7a. <br /> <br />An allocation of issuance authority uncler Minn. Laws 1984, ch. 582 { 13-20 (to be codified as Minn. Stat. 474.16 <br />- 474.24) for this proposed issue has ~ has not ~, been received from the Department. <br /> <br />(If an allocation has been received, please show source: Entitlement ~, Competitive Pool <br /> <br />We have entered into preliminary discussions with: <br /> Gregory Johnson, David Brandt, <br />Firm: and Kenneth Pederson <br /> <br />Address: P.O. Box 64006 <br /> <br />City: St. Paul State:MN <br /> <br /> Attorney: Briggs and <br /> <br /> Address: 2200 First <br />551.64 City: .Saint Paul <br /> <br />Horganr Bond Counsel <br />~ational Bank Bldg. <br /> <br /> State: ~-~' 55101 <br /> <br />Name of Project: Food-N-Fuel Project <br /> <br />This firm is engaged Primarily in inature of business): ownino and developing real estate <br /> <br />Tlhe prpceedA from th~sale o.f the Industrial Developmen. t Bonds wil,I be used to (describe orojectl:, acqu ire <br /> aha anG construct a convenience store anG gas station facility <br /> <br /> southeast corner of the intersection of County Road 116 and <br />Address of Project: ~linneso~a t~ighway 4~ <br /> <br />Proceeds from the sale of the bonds of approximately $ 3 0 0,00 0 <br />costs now estimated as follows: <br /> <br />Acquisition of land: <br />New construction: <br />Oemolition and site preparation: <br />Acquisition of Equipment: <br /> Movable (limited to 10% of proceeds) <br /> Other <br /> Installation <br />Fees: Architectural, engineering, inspection, fiscal, <br /> legal, administration, or printing: <br />Construction Interest: <br />Initial Bond Reserve: <br />Contingencies: <br />Other: <br /> <br />, will be applied toward payment of <br /> <br />$ 70,000 <br /> <br />130,000 <br /> <br />,~00,0'00 <br /> <br /> <br />
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