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Councilman Reimann introduced the following resolution and moved for its <br />adoption: <br /> <br />RESOLUTION #80-120 <br /> <br />RESOLUTION CALLING FOR PUBLIC HEARING PURSUANT TO MINNESOTA STATUTES, <br />SECTION 474.01, SUBD. 7b, AND PUBLICATION OF NOTICE <br /> <br /> WHEREAS, a proposal has been made to this Council by Alan C. <br />Phillips (the "Applicant") to undertake a project (the "Project") pursuant <br />to the Minnesota Municipal Industrial Development Act, Minnesota Statutes, <br />Chapter 474 (the "Act"); and <br /> <br /> WHEREAS, the Project consists of the constructing and equipping <br />of an approximately 30,000 square foot office warehouse building to be <br />located in the Ramsey Industrial Park in the City of Ramsey, Mir~nesota, to <br />be developed and owned by Alan C. Phillips, as an individual, and to be <br />leased to tenants including Altron, Inc., a Minnesota corporation engaged <br />in the business of electronics manufacturing~ and <br /> <br /> WHEREAS, Section 474.01, Subd. 7b, of the Act requires this <br />Council to conduct a public hearing on said proposal and to publish notice <br />of said public hearing not less than 15 days nor more than 30 days prior <br />to the date fixed for the hearing; and <br /> <br /> WHEREAS, the Applicant has delivered to this Council a draft <br />copy of a proposed application to the Mir~aesota Commissioner of Sect~ities, <br />together with all attachments and exhibits thereto, and said application, <br />attachments and exhibits are now on file with the City Clerk, <br /> <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF P~fSEY, <br />ANOKA COUNTY, STATE OF MINNESOTA,' as follows: <br /> <br /> That a public hearing shall be conducted by this Council on <br />the proposal to undertake and finance the Projection on October 28, 1980 <br />at the Ramsey Municipal Center, in the City, at which hearing all parties <br />who appear shall be given an opportunity to express their views with re- <br />spect to said proposal. <br /> <br />BE IT FURTHER RESOLVED <br /> <br /> That notice of the time and place of hearing, and stating the <br />general nature of the Project and estimate of the principal amotnat of the <br />bonds or other obligations to be issued to finance the Project shall be <br />published at least once not less than fifteen (15) days nor more than thirty <br />(30) days prior to the date fixed for the hearing, in the official newspaper <br />and a newspaper of general circulation of the City. The notice shall state <br />that a draft copy of the proposed application to the Minnesota Commissioner <br />of Securities, together with all attachments and exhibits thereto, shall be <br />available for public inspection following the publication of such notice <br />and shall specify the place and time where and when it will be so available. <br /> <br /> <br />