85-523 WHITE - CITV CLERK
PINK - FINANCE GITY OF SAINT PAUL Council �3
CANARV - DEPARTMENT
BLUE - MAVOR File NO• ��
�
. . . Council Resolution
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Presented B � . '
�����E �� �
✓Referred To � ommittee: Date
Out of Committee y Date
WHERE S, on December 11, 1984, the Port Authority of the
City of Sa' nt P ul adopted Resolution No. 2388 giving prelim-
inary appr val t the issuance of revenue bonds in the initial
principal amount of $1, 825, 000 to finance the cons ruction
of a 61, 000 squ re foot mini-warehouse facility in Ri erview
Industrial Park or St. Paul One Self Storage, a part ership
consisting of Si ney G. McClue and James T. Rodgers of McRod,
Inc . , the orpor te developer of the facility and Mil er and
Schroeder unici als has agreed to underwrite the reven e bond
issue for a term f 30 years; and
WHEREA , La s of Minnesota 1976, Chapter 234, p ovides
that any is ue of revenue bonds authorized by the Port Au hority
of the City of S int Paul shall be issued only with the onsent
of the Cit Coun il of the City of Saint Paul, by res lution
adopted in ccord nce with law; now, therefore, be it °
RESOLV D, by the City Council of the City of Sain Paul,
that in ac ordan e with Laws of Minnesota 1976, Chapte 234,
the City Co ncil ereby consents to the issuance of �the afore-
said revenu bond for the purposes described in the af resaid
Port Author ' ty Re olution No. 2388, the exact details of hich,
including, ut no limited to, provisions relating to aturi-
ties, intere t rat s, discount, redemption, and for the is uance
of addition 1 bon s are to be determined by the Port Aut ority
pursuant to resol tion adopted by the Port Authority, a d the
City Counci here y authorizes the issuance of any addi ional
bonds (incl ding efunding bonds ) by the Port Authority, found
by the Port Auth rity to be necessary for carrying o t the
purposes for which the aforesaid bonds are zssued.
COUIVCILMEN Requested by Department of:
Yeas S�M__ _N`61�r�IVays
rys�ehe`�
Dre..� In Favor
�1Nasanz
�idicosia By
�Scheibet _ Aga1I1St
Tedesco��"�
�Wilson
Adopted by Council: Date A R 1 � 1985 Form Approved by City Attorney
Certified P ss b Council , t B� ' '
B. �V�
5
t�pp e by � avor. Date Approved by Mayor for Submission to Co ncil
B By
PR 1 7 1985
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C�CTY OF SAINT PAUL
- OFFICE OF TH� CITY COIINCIL
• �e�e�
s�ss��ua�n
�=�-�� - �` Odte : April 2, 985
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CO MITT � E RE PORT
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TO = S rnt au I Cifiy Councit - `� � � � ���
FROM � C Mt'r11 tee Oh City Development and Transportatio
C AIR Councilman William Wilson
������ ��� � � �
i _ �t;1�-., : �'�.�,e (Comm i ttee recommends approva 1
2. Rules and regulations for approved activitie in the
parks (Committee recommends approval )
3 . Day C re Services (Cornmittee recommends appr vai )
4. Reso 1 ut i on - App 1 i cat i on of Phy 1 1 i s £th i e for an
Administrative Review, under provisions of Section
64.20 ( 1 ) of the 5t. Pau l Leg i s i at i ve Code of the
issua ce of a building permit for structure within
a P1 ned Development located at southwest �c rner of
Londi Lane and McKnight l�oad . (Committee re ommends
appr al as amended)
5. Appe 1 of Lawrence Signs to a decision f the
Plan ing Commission to deny an applicatio for a
sign variance for property at 2111 Universit Avenue
(Nort west corner of University and Transfer Road
(Co ittee recommends approvai as amended) '
6. An o inance prohibiting "stun quns" in the ity of
St. aul ; amending Chapter 225 of the 5 . paul
Legi lative Code (Committee recommends appro al )
CTTY HALL SEVENTH FLOOR SAIN't PAU MINNESOTA SS10Z
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