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be spent on housing, food and other goods and services <br />in the City and surrounding area, thus benefiting the <br />local housing industry and local merchants. <br /> <br /> 6. The City Council has reviewed the preliminary <br />plans and drawings for the Project and believes that the <br />Project, when completed, will be compatible with present <br />and projected development in its area. <br /> <br /> 7. Nothing has come to the attention of the City <br />Council to indicate that the proposed financing of the <br />Project by the City would adversely and unfairly affect <br />any other business enterprise located in the City. <br /> <br /> 8. Pursuant to the Preliminary Resolution, the <br />City of Ramsey, Minnesota, will comply with the require- <br />ments of Minnesota Statutes, Section 474.01, Subdivision <br />8. <br /> <br /> 9. The Project does not include any property to <br />be sold or affixed to or consumed in the production of <br />property for sale and does not include any housing fa- <br />cility to be rented or used as a permanent residence. <br /> <br /> 10. A public hearing was conducted, in connection <br />with the City Council's consideration of the Project, on <br />June 23, 1981, at the City Hall in the City, at approxi- <br />mately 7:30 p.m., at which all interested parties were <br />afforded an opportunity to express their views. <br /> <br />- 2 - <br /> <br /> <br />