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It is presently estimated that construction will begin on or about July ., lg 81 , <br />and will he completed,on or about Dece~be~ , 19 S1 , When completed, there will bo <br /> <br />approximately 8 - 10 new jobs created by the project au an annual .payroll of approximately <br />$ 50,000 based upon currently prevailing wages,* (8-10 full-tithe and F~a~t-t~T~ jobs) <br /> The tentative term of the financing is ~ty (30) .. years, commencing July ., <br />19 81 <br /> <br /> The following exhibits are furnish".d with this application and are incorporated herein by reference: <br /> <br /> 1. An opinion of bond counsel that th". proposal constitutes a project under Minnesota Stat,, <br /> Chapter 474.02. <br /> <br /> 2. A copy of the city council re~olution giving preliminary approval for the issuance of its revenue <br /> bond~ <br /> <br /> 3. A comprehensive statement by the municipality indicating how the project satisfies the public <br /> purpose of Minnesota St~t, Chapter 474.01. <br /> <br /> 4. A latter'of ir:tent to purchase the bond i~e or a letter confirming the feasibility of the project <br /> frcm a financial <br /> <br /> 5. A ~'~ternent. signed by fl',e Mayor, to the effect that upon entering into the revenue agreement, <br /> the information required by Minrl. Stat. Sec. 474.01 Subd. $ will be .-ubmitted to the Depart- <br /> me~t of Economic Development. <br /> <br /> 6. A ~[~teme~t sig~ed by the Mayor, that the pro.:ect does not include any property to be sold or <br /> affixed to or cor~umed in the pr~luctJon of property for sale, and doe~ not include any housln3 <br /> f-~c~lity to be ranted or u~ed as a permanent residence. <br /> <br /> 7. A ~..-e~t signed by the Mayor ~ a public he, ring wa~ conducted pur~u,~nt to Minn. StYe <br /> 474.01 S~Jbd. 7b. ~ ~Ldb~.ment shall include the date, time and place of the me~fing and that <br /> all i,,[~==~ per'dm w~ra. afforded an cpportuni~'l t~ expre~s their <br /> 8. A cc~y of IJ-,e not~ca of publicatJcn of tJ-,e Fublic he=ring. <br /> <br /> YJe_. ~he u~_~ed, ar~ duly ~-~d ~re~t~ of City of Ramsey ,. Minn~.ot~, <br />amd ~;-.c~ '.,/c~r ~pp. rc~r'~ of th'~ projec~ at y~x~r e~d,~st c~nve~ie~ce ~o ~hat .we may carP/ it to a final <br /> <br />Mayor <br /> <br />City Administrator <br /> <br /> <br />