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85-130
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Resolutions 1985
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85-130
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8/9/2005 4:05:13 PM
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<br />.' <br /> <br />,/ <br /> <br />, <br /> <br />. . <br /> <br />City will issue the Bonds as requested by the Company. The <br />City retains the right in its sole discretion to withdraw <br />from participation. and accordingly not issue the Bonds <br />should the City determine that it is in the best interest of <br />the City not to do so or should the parties to the transac- <br />tion be unable to reach agreement on the terms thereof. <br /> <br />5. This Council will conduct a public hearing on the <br />proposal to undertake and finance the Project, as described <br />in the Notice of Public Bearing attached to and made a part <br />of this resolution (the "Notice"). <br /> <br />6. The City Clerk-Treasurer is hereby author i zed to <br />cause the Notice or a notice in substantially the same form <br />thereof to be published in the City's official newspaper and <br />in a newspaper of general circulation in the City not more <br />than 30 nor less than 15 days prior to the date of the <br />public hearing specified in the Notice. <br /> <br />7. The City Clerk-Treasurer shall file in his or her <br />office, and there make available for public inspection fol- <br />lowing the publication of the Notice, a draft copy of the <br />application for approval of the Project, including all <br />required attachments and exhibits thereto, proposed to be <br />made to the Minnesota Department of Energy and Economic <br />Development. <br /> <br />Adopted by the New Brighton City Council on November 21, <br />1985. <br /> <br />- 3 - <br />
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