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& YOST <br />DOUGHERTY, DAWKINS STRAND <br /> <br /> July 17, 1984 <br /> <br /> C~t¥ Manager <br /> City of Ramsey <br /> 15153 Nowthen Blvd. N~ <br /> Ramsey, MN 55303 <br /> D~r Lloy?: <br /> Relative to our recent telephone conversation, I am for- <br /> rdin to you a copy of recently published Memorandum from the <br /> ~:~+Z~n~ of Energy and Economic Developmen~.here. i~.the State <br /> ~=~ ......... '-- ' ion is s ecificai£y relat~ve to the <br /> of Minnesota. Thls publlcat .-P ..... ~-~n on <br /> implementation of the $150 per capita voA~,= ~ ........ the <br /> issuance of Industrial Revenue Bonds. <br /> AS we discussed in our telephone conversation, any prospec- <br /> e ro'ect with a preliminary resolution approved by the city <br /> ~lv _~ ~_~^~ to June 19, 1984 is grandfathered in under ~h~s <br /> ecu .~ .......... uentl~ any of these pro]ec~s <br /> ume £1mltatlon cap. ~u.~=~ ~, <br /> vol .... ~- --~ -~ th;s year- you need not ne concernea <br /> close~ prior to ~ne ~nu ~ : ~ ~:L:%_tion' <br /> about how it fits with the vo£tlme xxmA ~ <br /> readin~ of the attached information indicates that the <br /> · My ~ · ..... ~ement city and consequently then <br /> it of Ramsey is no~ ~n =,u~. ~ . <br /> C y ............ ibed in the materials rot <br /> must follow the rormuia_a~ ~:~nds from this point forward. <br /> issuance of Industrial ~evenu.. <br /> Should you have any questions with regard t? the interpreta- <br /> tion of these materials, o~ if we can be of assistance to you in <br /> any way, please do not hesitate to contact me. <br /> with personal regards, I am <br /> <br /> Vice president <br /> <br />I RLM/kjo <br /> Enclosure <br /> <br />I <br />I <br /> <br /> INVESTMENT BANKERS <br />700 LUMBER EXCHANGE BUILDING [3 MINNEAPOLIS, MINNESOTA 55401 E] 612/341-6000 <br /> <br /> <br />