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<br />.. <br /> <br />-..... <br /> <br />t, <br /> <br />~ <br /> <br />RESOLUTION NO. 2603 <br /> <br />RESOLUTION CALLING FOR <br />PUBLIC HEARING PURSUANT TO MINNESOTA <br />STATUTES, SECTION 474.01, SUBD. 7b <br /> <br />WHEREAS, a proposal has been made to this Council by <br />K & M Development, a Minnesota general partnership (the "Company"), <br />to undertake a project (the "project") pursuant to the Minnesota <br />Mu.nicipal Industrial Development Act, Minnesota Statutes, Chapter <br />474 (the "Act") ~ and <br /> <br />WHEREAS, the Project consists of the acquisition, <br />construction and equipping of a building addition to an existing <br />facility, to be leased by the owner to Trend Enterprises, Inc., a <br />Minnesota corporation (the "Lessee"), and to be used by the <br />Lessee in its publishing business as a facility for the produc- <br />tion of teaching materials~ and <br /> <br />HHEREAS, Section 474.01, Subd. 7b of the Act requires <br />this Council to conduct a public hearing on said proposal and to <br />publish notice of said public hearing not less than 15 days nor <br />more than 30 days prior to the date fixed for the hearing~ and <br /> <br />vlHEREAS, a draft copy of a proposed application to the <br />Minnesota Commissioner of Energy, Planning and Development, <br />together with all attachments and exhibits thereto, will be <br />. placed on file with the City Clerk~ <br /> <br />BE IT RESOLVED by the City Council of the City of <br />New Brighton, Minnesota, as follows: <br /> <br />1. A public hearing shall be conducted by this Council <br />on the proposal to undertake and finance the Project on Tuesday, <br />July 13, 1982, at 7:35 o'clock P.M. at the City Hall, at which <br />hearing all parties who appear shall be given an opportunity to <br />express their views with respect to said proposal. <br /> <br />2. Notice setting forth the time and place of hearing, <br />the general nature of the Project and an estimate of the princi- <br />pal amount of bonds or other obligations to be issued to finance <br />the project shall be published at least once not less than 15 <br />days nor more than 30 days prior to the date fixed for the <br />hearing, in the official newspaper and a newspaper of general <br />circuiation of the City. The notice shall state that a draft copy <br />of the proposed application to the Commissioner of Energy, <br />Planning and Development, together with all attachments and <br />exhibits thereto, shall be available for public inspection <br />following the publication or such notice and shall specify the <br />place and times where and when it will be so available. <br /> <br />-2- <br />