Council Meeting STATE OF MINNESOTA )
) ss.
COUNTY OF HENNEPIN )
4110
A regular meeting of the City Council of the City of Hopkins, Minnesota
was duly held at the City Hall on Tuesday, the 5th day of October
1982, at 7:30 o'clock P.M.
The following Council members were present: Ellen Lavin, Donald Milbert,
James Shirley, and Mayor Robert Miller
and the following Council members were absent:
None
Councilman Donald Milbert introduced, read and moved the
adoption of the following Resolution: Resolution No. 82-3028 providing for the
issuance and making of a Commercial Development Revenue Note pursuant to
Chapter 474, Minnesota Statutes, Minnesota Municipal Industrial Development Act,
to provide funds to be reloaned to Flagship Associates for a project as defined in
the Minnesota Statutes, Section 474.02, Subdivision la, and approving the Note,
Loan Agreement, Assignment of Loan Agreement, Construction Loan Disbursement
Agreement, Mortgage and Security Agreement and Fixture Financing Statement and
• Assignment of Leases.
The motion for the adoption of the Resolution was duly seconded by
Councilman Ellen Lavin and upon vote being taken thereof, the
following voted in favor thereof: Mrs. Lavin, Mr. Milbert, Mr. Shirley and
Mayor Miller , and the following voted against the same: none
whereupon said Resolution was declared
duly passed and adopted.
•
ccoO KeAkAksL__
City Clerk
(SEAL)