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<br />,. <br /> <br />" . <br /> <br />It is present ly estimated that ccnstr~cti on will b~9in on or about "April 1 <br />~9 84 . and will be completed on or acout Apr~l 1 ,19~. ';Jhen completed, there <br />oti..,...,..-se approximately 5 new jobs createa by the piojeet at an annual payroll of aporoxi.. <br />:'lately S 135,000 . based upon curiently prevaiiing wages. (If applicable} There are <br />35 exist~ng jobs praviaed by business. <br /> <br />~ne tentative term of the financing is <br /> <br />15 years, ccr.menc i ng <br /> <br />April 1 <br /> <br />i 'J8 4 <br />,-....- <br /> <br />ihe following eAhibits are furnished with this application and are incorpordted herein by <br />"aferenee: <br /> <br />1. An 001n10n or bond counsel that the proposal constit~tes a project under Minn. <br />Stat'. 5474.02. <br />2. A copy of the city council resolution giving preliminary approval for the issuance <br />of its revenue bonds. <br />3. A comerehensive statement by the municipality indicating how the project satisfies <br />the pUblic pur?ose of Minn. Stat. S4i4.01. <br />4. A letter of intent to purchase t."le bond issue or a letter confirming the feasibi1... <br />ity of the project f~om a financial s~andpoint. <br />S. A statement signed by t~e p~incipal repr~sentative of the issuing authority to the <br />effect that upon enterir.g in!o t~e revenue agreement. the information required by <br />~4nn. Stat. 5474.01. SuOd. 3 will be submitted to the Mir.nesota ~nergy and Economic ~ <br />Development Authority. <br />o. A statement signed by the principal representative of the issuing authority that <br />the project does not include any property to be sold or affixed to or c:Jnsumed in <br />the production of property fer sale, and does not inclUde any housing facility to <br />be rented' or used as a permanent res i dence. <br />7. A statement 51 gned by the principal representati ve of the ;ssu ing aut.~or;ty that <br />a publ ic nearing was conducted pUr'Suant to Minn. Stat. 5474.01, Subd. 7b. <br />ihe statement shal1-inc"lude the date, time and place of the meeting and that all <br />interested p..rties were afforded an opportunity to exp~ess. their views. <br />S. Copies ofnotica(s} as published which indicate thedate(s) of puolicati"on and the <br />newspaper(s) in which the notice(s) were published. <br />9. Provide a plan fer compliance of employment pr~ference of economically disadvan. <br />taged or unemployed individuals. (See Mn. Laws 1983, Ch. 289, 113.) <br /> <br />. ,.Je, the undersi gned, are du ly e lected representa~i ves of City of New Brighton . Minnesota <br />lnd solici": your ap~roval of this project at your earliest convenience so that we may carry it <br />to a final conclusion. <br /> <br />;itie: <br /> <br />City Manaaer <br /> <br />(?1'"incipal Officers or Repr-esentatives of Issuing Authority; tYOe or orint Mayorls <br />n~e on the line to the left of the siqnature line. Thank you.) <br /> <br /> <br />o tf3~ <br />~~~ p. <br />'l~,~ <br /> <br />Signature. ~ry 1naa . <br /> <br />approval by the Authority or the State of the <br />the revenue agreement to be execute~ or the bonds to <br /> <br />Signed by: <br /> <br />Greqory Harcus <br />~ayor's Name . <br /> <br />T'h ; s app rov a 1 sh a 11 not be deemed to be an <br />Feasibility of the project or the terms of <br />Je issued thereror. <br /> <br />Date or Approval <br /> <br />Authorized Signature.. Minnesota Energy. and Economic <br />Development Authority <br /> <br />'~j I:"~:' ,~ ~ .., ~ ~~ ~,~~ <br />