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HomeMy WebLinkAbout98-95RESOLUTION 98-95 RESOLUTION PROVIDING FOR AUTHORIZATION TO SUBMIT AN APPLICATION FOR $75,000 TO THE MINNESOTA DEPARTMENT OF TRADE AND ECONOMIC DEVELOPMENT ON BEHALF OF NBC PRODUCTS AND AUTHORIZING THE MAYOR AND CITY MANAGER TO EXECUTE THE GRANT APPLICATION MOTION BY: SCHENCK SECOND BY: KEDROWSKI WHEREAS, the Minnesota Department of Trade and Economic administers the Minnesota Investment Fund whose purpose is to stimulate the creation and retention of jobs in manufacturing and technology industries; and WHEREAS, grants are awarded to cities which provide loans to assist expanding businesses; and WHEREAS, NBC Products wishes to construct a 17,100 square foot addition to its' existing building; and WHEREAS, WHEREAS, NBC Products needs an additional $75,000 to complete its' financial commitment to the project; and the City Council is desirous of assisting NBC Products in completing its' financial arrangements so the proposed addition can be constructed; NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, City staff is hereby authorized to submit the application for $75,000 to the Department of Trade and Economic Development on behalf of NBC Products. BE IT FURTHER RESOLVED That the Mayor and City Manager are hereby authorized to execute the grant application. CCRES2-6.DOC 1 16200 Eltgle Creek Ave. S.E., Prior Lake, Minnesota 55372-1714 / Ph. (612) 447-4230 / Fax (612) 447-4245 AN EQUAL OPPORTUNITY EMPLOYER Passed and adopted this 17th day of August, 1998. YES MADER X KEDROWSKI X PETERSEN X SCHENCK X WUELLNER X MADER KEDROWSKI PETERSEN SCHENCK WUELLNER NO {Seal} CCRES2-6.DOC KO NOTICE OF PUBLIC HEARING The City of Prior Lake, Minnesota, will conduct a public hearing at 7:00 p.m. on August 17, 1998, in Fir6 Station City Council Chambers, 16776 Fish Point Road, to consider a submission to the Minnesota Investment Fund Grant. program.: ~ The purpose of this public hearing .is' to discuss submission of a'Minnesota Investment Fund Grant in suplx~rt of an expansion project by NBC Products, Ind., :: a manufacturer of ~lectronic air cleaners. The purpose of this program is to create employment opportunities for low and moderate income persons. If the project is · successful, it is anticipated'that up to 15 new employment opportunities will be created and 18 jobs will be retained. Persons wishing to be heard regarding the grant program will be provided the opportunity. If unable to attend, written testimony may be offered and should be given to the City Clerk prior to 4:30 p.m. on the day of the hearing. Prepared this 22nd day of July, 1998 by: Planning Department City of Prior Lake (Published in the Prior Lake American on Saturday, July 25, 1998; No. 3476) Affidavit of Publication Southwest Suburban Publishing State of Minnesota) )SS. County of Scoff ) Start Rolfsrud, being duly sworn, on oath says that he is the publisher or the authorized agent of the publisher of the newspapers known as the Shakopee Valley News, Jordan Independent, Prior Lake American and Savage Pacer, and has fullknowledge of the facts herein stated as follows: (A) These newspapers have complied with the requirements constituting qualification as a legal newspaper, as provided by Minnesota Statute 331A.02, 331A.07, and other applicable laws, as amended. (B) The printed public notice that is attached to this Affidavit and identified as No.~~_ was published on the date or dates and in the newspaper stated in the attached Notice and ~aid Notice is hereby incorporated as part of this Affidavit. Said notice was cut from the columns of the newspaper specified. Printed below is a copy of the lower case alphabet fi'om A to Z, both inclusive, and is hereby acknowledged as being the kind and size, Rf type used in the composition and publication of the Notice: / ) By: ,4 /I/ / /'~ "~ o~ his designated agent Subscribed and sworn before me on Notary Public , 1998 RATE INFORMATION Lowest classified rate paid by commercial users for comparable space ...... $11.50 per column inch Maximum rate allowed by law for the above matter. ................................. $1t.50 per column inch Rate actually charged for the above matter ................................................. $8.37 per column inch