HomeMy WebLinkAbout12-29-82 Special Mtg.
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Hastings, Minnesota
December 29, 1982
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The City Council of the City of Hastings, Minnesota met in
a Special Council meeting on Wednesday, December 29, 1982 at 4:45 p.m.
in the Council Chambers of City Hall.
Members Present: Councilmen Kulzer, Trautmann, Pike, Karnick,
Trutna, Bond, and Mayor Stoffel.
Members Absent: Councilmen Legler and Klimek.
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The Council had called the special meeting to consider
Resolution No. 79-82 dealing with authorizing the sale and issuance
of Industrial Development Revenue Bonds.
Moved by Councilman Pike, seconded by Councilman
Trautmann to adopt Resolution No. 79-82 authorizing the sale
and issuance of Industrial Development Revenue Bonds under
the Minnesota Municipal Industrial Development Act to finance
a project thereunder, secured by payments to be received
pursuant to a loan agreement and a pledge assignment of the
City's interest in the loan agreement and the payments
thereunder to a trustee, and authorizing the execution of
documents. Ayes, 6; Nayes, None.
RESOLUTION NO. 79-82
INDUSTRIAL REVENUE
BONDS - HASTINGS
CABLE TV CO., INC.
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Moved by Councilman Trautmann, seconded by Council-
man Bond to adjourn the meeting at 4:55 p.m. Ayes, 6; Nayes,
None.
ADJOURNMENT
City Administrator/Clerk
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