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280573 WMITE - CITV CLERK COUIICIl �{�W,�� P� + FINANCE GITY OF SAINT PAUL �C•C� ;ztl�� ARV -9EPARTMENT BLUE - MAVOR File NO. � � � . Co cil Resolution Presented By Re ed To Committee: Date Out of Committee By Date WHEREAS: 1. On November 18, 1980 the Port Authority of the City of Saint Paul adopted Resolution No. 1735 giving pre1iminary approva1 to the issuance of industria1 development revenue bonds in the aggregate principal amount of approximate1y $7,000,000 to finance the construction of a 200 room Holiday Inn to be located at I-94 and McKnight Road and Suburban Avenue by Batt1e Creek Hotel Associates, a Minnesota 1imited partnership; 2. The 1aws of Minnesota 1976, Chapter 234 provide that any issue of revenue bonds authorized by the Port Authority of the City of Saint Pau1 sha11 be issued on1y with the consent of the City Council of the City of Saint Pau3 , by reso1ution adopted in accordance with the law; 3. On December 9, 1980, the City Counci� of the City of Saint Paul , by its Council FiTe No. 276036, consented to the issuance of the aforesaid revenue bonds and any additional bonds found by the Port Authority to be necessary for the purposes described in the Port Authority's Reso1ution No. 1735; 4. On Ju1y 16, 1981 the Port Authority adopted its Resolution No. 1846 whereby it increased the preliminary authorization for the Battle Creek Hotel Project from $7,000,000 to $9,600,000; 5. The Port Aut�hority has r�ow notified the City Counci1 that it intends to consider the Revenue Bond Resolution authorizing the issuance of $9,600,000 in revenue bonds to finance the Batt1e Creek Hotel Project at its Ju9y 5, 1983 meeting; 6. In addition to the requirements imposed by the 1aws of Minnesota 1976, Chapter 234, the Tax Equity and Fiscal . Responsibi�ity Act passed by Congress in 1982 requires that the issuance of industria1 development revenue bonds, such as the revenue bortds to be issued to finance the Batt1e Creek Hote1 Project be approved by an e1ected pub1ic official or body and that such approval be given no more than one year prior to the issuance of the bonds; COUNCILMEN Requested by De artm of: Yeas Nays Fletcher �e�� [n Favor Masanz Nicosia schetbe� _ Against BY . Tedesco Wilson Form App ed by City Attorney Adopted by Council: Date ��1 Certified Passed by Council Secretary BY 6�� B� t#pproved by Mavor: Date Approved b Mayor for Submission to Council By BY WHITE - CiTV CLERK � ^ Council �� r�'� B°�E - MA„oRE GITY OF SAINT PALTL ,��.��<.�� if C I�JARY �'�EPARTMENT , File N 0. Council Resolution Presented By Referred To Committee: Date Out of Committee By Date 7. Since the City Counci1 Reso1ution approving the issuance of the bonds was adopted more than one year prior to the anticipated date of issuance of the bonds, the Port Authority has requested that the City Council ratify its previous consent and consent to the issuance of the bonds , in the aggregate principal amount of $9,600,000 (together with any additional bonds, including refunding bonds, found by the Port Authority to be necessary to carry out the purposes for which such bonds are to be issued, all subject to final approval of the details of said issue by the Port Authority. RESOLVED, BY THE CITY COUNCIL OF TWE CITY OF SAINT PAUL, that in accordance with the 1aws of Minnesota 1976, Chapter 234, and Section 103(k) of the Interna� Revenue Code of 1954, as amended, the City Council hereby consents to the issuance of the aforesaid revenue bonds in the aggregate principa1 amount of $9,600,000 �together with any additional bonds, inc1uding refunding bonds, found by the Port Authority to be necessary to carry out the purposes for which such bonds are to be issued), a11 for the purposes described in the aforesaid Port Authority Reso'futions '1735 and �846 and the City Counci1 further ratifies in its Council File No. 276036, adopted December 9, 1980 and approved December 11 , 1980. COUNC[LMEN Requested b t of: Yeas Nays � Fletcher ceu� In Favor Masanz � Nicosia Scheibel __ Against By Tedesco Wilson JUL 5 1983 Form pproved by City Attorney Adopted by Council: Date �G � jl c� Certified P•:s d y Council ret B By /� pro y 1�lavor: Da Ul 7 1983 Approved by Mayor for Submission to Council By BY PUBLISNED JUL 16 1983, � , i �::;•:d . ,,�1�",=-"�'�"�� CI'1'Y OF �11YN�.� 1'.AUl� '�� , , �';''. � �;t '`,�;'> ,. .�t . . �� '� � �.` �� OI�'FICF OI�� '1'��1: CI7'] COiJNCI1: 'f' �`�+_4'• ty,� . DQ f e : June 30, 1983 �t�r,�_� ��/ ��>,�` r� COMM (TT � E RE PORT : ' TO = Sa�nt Pau ! City Counci! � ' . � F� � � � C o m m i t t e e O h Finance, Management �; Personnel � C N A I R Counc�lman Scheibel � • ' E .. : - • � ' � !� V � � LJ �. � - ' � • - - - 1. Approval of minutes from, meeting •held June 22, �98 :� - - -� � � 2. Resolution increasin aramedic .fees.� (Fixe De artment ��- ��/��.• � � P P ��!7�'___ �-ti_..- - - - . � , ' � . . • � • � 3. Ordinance amending Sections, �3.04 a��c� 370.16 of the St. Paul� Legislative Code. (Community Services)�L��,�:,;.�/1�,�� ` - � . � 4. Resolution amending the 1981 Capital Improvement Budbet to provide,financing-�- . � for the construction of the Seventh Place pedestxian ma21.�� - -- � � . . -� - • S. P.esolution approti�ing agreement beticeen the City of St. Paul and Ramscy County t V:hereby the City's Department of Public Health wiJ.I provide labo tor - - ` � services for lake �.ater testing. (Community Services) ��'�� . � 6.. Resolution approving the 1983 Tiemorandum of Agreement �ti�hich an:ends tl�c ' - 1981-1983 Collectiti•e Bargaininb Agreen�nt between the Indepei�ctent Scliool District ho. 625 and the United Associa ion Pipefitters I.ocal 455. - � (Personnel Off i ce) �--�'"�. ' ��r-- _ . 7. Ordinance establishing 'a new Chapter 62 of the St. Paul Administrative Codc pertaining to street maintenance and assessments. (FYnance a»d 1,fana�ement - Services)�_a,�`'��J��.'��s - � l l _ "�� ` '-. hot on Agenda g. Resolution changing bond issue for Battle Cr,!e��ek_hotel project from $7,000,000 to $9,(�00,000. (Port Authority) ��njYjU`Q(1C�-_-Z--`�i 4. Resolution amending the 1981 Capital Improvement Budget to provide funding far railroad crossing improvementsat Chestnut and Eagle Stxeet' '1l�."rOfl�,(��2=_� 10. Resolution amending the 1981 Capital Improvement Budget to provide funding for ' Dale Street and Alaryland Avenue overlay projects. ��""-.� - -- � : �-' - ��,Y� - - - .,�7..., CITY H.^.LL $E_ti ENTN FLOOfi SAINT Pr�UL, 1�71NNFSOTA SS IO? -�,r...�.�. . ` _. . ,.. , ,� _ _ . ,..,...•�...�..o...- , , ._... _.... - - ._ ._ � , .,_ � _;. . -•,.r�,--�._—�-_ � . � `J r' � � � r �` � � ��`"" � � U�,.. =� r� � � - � � � � � � � � �, �..� 3 � � ` �, � � �� ' � �.. .,� ,��-' __ �—.�._ s �� _� � � � ,� " �x Port 14utharitY DEPARTFI�NT �� Eu�ne A. Kraut �pNT�CT � �-_�� y.. . �"��=5686 �NOiVE , , _ �._._,.___�_ DATE ��_ ' �� June 29, 9i3 � . . (Routing and ExpTanation� Sheet) „ :. . . . . . �: ... . .. Ass�Qn Piumber for Rauting Orde.r� CC�ip All tocatians for Ma�yoral Signature): artmen� Di rector - City Attorney � . . 3 01 rector of Manage�nent/Mayar 4 Finance and Management Services Director .�.._ . _,5 City Clerk �,_, Budget D�rector �IMa� Wi 11 be Acfii eved b r�'taki ng Acti on an tfie Attached Materi al�? (Purpose/Rati� : On Navember 18, .1980 the Port Authority adopted Resdlution 1735 giving preliminary appraval to the issu�nce of industria1 deve1opment revenue� bonds intthe aggregate principal amount of approx- imat�ly �7,00(�,UOO to finance the construction of a 200 raom Ho1iday Inn to be locat�d at I-�4 - and MeKn�ght Road and ��burban Avenue by Batt1e Creek HoteT Associates, a M�nnesota 9im7ted partnership. On December 9, 1980, the City Counci7 ratified the Port Aatfiority Co�ission actian by adoption of Cour�ei1 Reso1utior� 276fl36: On July 16, i981 tfie Part Authority �tt�ap�ed its Resd�ution:No. `1846 a►he�eby it ir�creased the pre�imirtary authorfzation for th�: Battl+e Creek hbtel Prpject from $7,OOO,U�O to $9,600,004. The Tax E uity and Fisca1 Responsib�l�ty l�t � x�tn�d�ti�ex�ptaekt�ee�t �a�;'�ic�t' 8t _: pmss� y ngress in 982 requires that the issuance` of industria1 deuelopment r�ve�+�e .bands a� atpprdv�d by an elec�ed public official or body no more than one year prior ta the issuar�e af t�te bonds. Since the City Counci1 Resa9ution approving the issuanCe of the bonds �as ada��e� t�c�re �han one year prior to the anticipated date of issuance of the bands, i� is requested that the Counci1 ratify its previous cons�nt to the issu.ance of the bonds.in the Fundi�ng Source and Fwtd Acti vi ty N�nber Charged or Credited: a gregate pri nci pa1 amount of , �9,60Q,tflUO. N/A Attach�ents .(Li st an�r a;11 Attachments): D�a�'t City Counci1 Resolution � ` pEPARTMENT REVIEW . CITY ATTOR4�tEY REYIEl�11 X Yes No Counci 1 Reso1 uti on Requi red? Resol ution Requi red? X Yes No- � � Yes. X No Insurance ReQuired? Insurance �ufftcient? �,. Yes ,,,� Na �... Yes X No Insurance Attached? - : cc• R. 1'horpe �Revision of Octaber, 1982 (Spe RpvprsP Sicfp f�r 'Instruct'ions) _ _ _ _ . ; . �_ _ _. _ __ ._: . .:_ ; �.. . , ,::::. , � - ; , . . � �'++FlI,�,�'1'IYE -.- — GITV CIERK . . :._� � � '� . � � �c � . .. °�: ..4.. . , � �'PLN:K ' �—�FINAN,t'„� � G�I�Y� .�OF SAINT PAUL Counc�l-� ..:. ��q _ . CANA�RY —.DEPAR�TM�NT- � �--�ILUE -+MAVOR � - � .. . . . F1Ie NO•� + � �� ' �. {� • . Co�u� cil Resolution . , Presented By ~ .�t� ,,;:.�µ-- Re`T ed To Committee: Date , � Out of Committee By Date �t Z. 0� �ri+N' 1�! tfd! tM llp�t A�tMr�t,�r �K �e qt�► irt ��t �r1 a�i Mss1�a �.� l�W�! �� OMt rf ��s�� bi�� l+r��M� �M� t � e� flrl iu a i� i�at�t at i-!R aNi M�! bM � �M� �n�r isr iettt• �Q� N�i Assoct�s. s M!� 1�dl�i �; t. 'i�a �t �!' Ill�q► 1i�+t,� �' t3� �r�rrti� iMcE a� tss� �f � MN� �rRM�f�i ti� 11�et �tia�#qr af t`e Clt� � St�het !'a�1 sMtt Me ts�N�t� !Me +aMSMt, �f ti� Cfq►�� K tf�t �:t�► if S�let !^rt�, !� net+sl�tiM ai�M fit �ti tM lari !� 0� � �. 1l�, trt I.Y#,► t'�c#1 �rt tliu Cit�► al' �iNst l�t, i�► ttt 0�1 l�1f �lY�i�tl� ltiet Art1�� q► b i��u� r��l�M�iw�ll�t �rilMrtt,�t;s �'M1�eNN �. 1T�� 4. Ow �� tt: 11� � fret 1wt1rM� tts �a1iRl+� .�a« 't�li tt �s�1� tlr �e��w�► a��rtzt�NM � �� t�r1t Nr�+�►'I �rNd+�et ��00� 1� �,�00�: 5.`°'. Tlr Mt �tiire�lt�r !�s �wt s�tt!'t�i tiie Ef Arctt t�t !t � b ar�l�r tM _ R�w�we �M Ma'trtiN a�Ri�e�sf t�t 1� �/'�I,�iO�� fi�t � i�� s !h� t�r �tt1t Qr�it 11�) fl�,�rt at�t� Jr1� i, 1l�3 �t�; i. I�r MMt� � tlr r�tlr+�ts l�sM �► ti� Urs �f tl��a�t tlDi• �' tit, t� �c 6�dt,�► a�/ �lsatt R�q�r�titt�r �et �� O�ss � 1l�t r�rhs tl�at tMe t�...o. .e t�e�rt�t /�a �a+�r. MM�. a� +� �.. i�i� t. r. t.�..� a► f'!w� tt�e t�t't� �Mwlt A��h�� tr �r� a� �t�r� 1iMfttt �a1 +� �e�r �i tl�t �cl� �i M� !ltn� u� �e 1� wr � � � tM� t� �rt' #�r i�it� � ; _ , _ _ : , : . ,_ ; , � , , . , ._ . . _ _ : � �COUNCILMEN ' � Requested by pe�artme of: Yeas Nays � �.�� . FletCf�er Galles � �� [n Favor `� -- - Maaanz ,,� �� Nicosia - Schelbel A ainst BY =� " � - �� ° "" Tedssco g Wilson � - � Adopted by Council: Date Form Apptdved by City Attorne�� w Certified }�assed,63t. C.ouncil;Secr�tary BY � ��`'' �.... _ . . .. .. .... ...�.. . .' .RS��. . �y� .,� ' . Bl� A►pproved by Mavor: Date Approved by Mayor for Sub�ission to Council By By � �s :WNIT�� .- CITV- GLERK � .. . . � . �� . 4:P�NN _ F�NAN�E G I TY O F SA I NT PA U L Council •N1N�,R.Y�— OEPA�RTMENT � Flle NO. � BIUE — M#YOR � � � � . Council Resolution ,Presented y eferred To Committee: Date Out of Committee By Date 7, Siw� tir Cf�t C�wci1 h�1�MM �rt� t� t� o� tir iNis ws �i � t� Mr �rT �� b ti� �ict�a�M raL�e �' 1ss�os N� tM� Mni�t tlr� llKt �Mf� i�s r+�■�N t1�R � C!#�► Or�wcti rrttl�r its �nrrfis +�rt arM cr�t #� t� 1� K t� �oMs. !� � �1�i�s1 �■awt a!' ��pOQ,r00� ��stirr �dr a�t aii�tf�o�a1 i�. l�c1�� Y�i�t��M�lI�! igr tlr 1�! �1� � � �► t� ea�rf � t�t I�sat !Y� trMld� s�M iNM� w� � br !�s +�11 s�#�t � !'�t�t �+rs'! �!' !M �ta1'ts �rf' sN� t� b► t�s lwrt �t�. �r� �nr nr� a� ce�ct� � � a� oF su� �.. +aw� �e ,�o�.�:. �a a� u� .t � i�� , r s.�.� io�t�) .�r a�. u�� .�..�. a�. .�r �x�. a� �..�i� !� C! a�..rs'� �+r�i�r tr tl� f� .�' aM. atlrrw�� r+�.� �..1� � t1� �ie!!al arwt K .�94,80� t�y�r�r�tr a�r M�tt�t �wis. t�e�rtf� TMtllM�io�s. lr�wi !w �et� � �r � b� �tsa�r � �ry o�r! dr �r ti4c� s� M�it an� b� 3sst�ij.;a12 fir� tlr �r��s �tMi t� tt� rAr+�s��lre�t �lirM `n�t 17�t �i liii �/ t`r #��j► i�#) lYr�e► ea�#!"�a� � �lts O�r�1 l�11� �• �: M�/lr�i O�owMr' !. � � � lM�ri�t 't1. 1+lIA►. , - - �.�� a ` i � � � � � ,.�.�:i'' e �/t � +�^ r �,.r ,. : COUNCILMEN Requested by rt of: Yeas Nays ��/// � Fletchar � �`' ' GaOeS In Favor � T� Masanz Nicosla � � ��.�'.,... scnett�i Against By .. "�..;._,;.�._ . TedesCO t Wilson Adopted by Council: Date ��5 ��QR� Form��Approved by City Attotney ^.-"—... _ , _ _ Cerii(ied F s�d,by ��euie�il, t�Cary _ B ..�'"'�' `...`-" _ �. ', gy ; 'h.""��}��c��"�'.....,.,- A►pproved by Mavor. Date Approved by Mayor for Submission to Council By By . � �� , - PORT AUTHORITY OF THE CITY OF SAINT PAUL 25 WEST FOURTH STREET • SUITE 1305 • ST. PAUL, MINN. 55102 • PHONE (612) 224-5686 June 28, 1983 Mr. James Be11us Director Planning and Economic Development Department City of St. Pau1 14th Floor, City Hall Annex St. Paul, Minnesota 55102 SUB�ECT: BATTLE CREEK HOTEL ASSOCIATES $9,600,000 REVENUE BOND ISSUE pear �im: We submit herewith for your review and referral to the office of the Mayor, City Council , and the City Attorney's office a draft City Council Reso'lution which ratifies the previous action taken by the City Council in giving its consent to the Batt1e Creek Holiday Inn Bonds, and meets the requirements of TEFRA that public approva1 be given no more than one year prior to the issuance of the Bonds. Your expeditious handling of this matter will be appreciated. Yours tru1y, Eugene A. Kraut General Manager EAK:jmo Attach. cc: R. Brveker )BERT F. SPRAFKA EUGENE A KRAUT,C.I.D. DONALD G. DUNSHEE, C.I.D. CLIFFORD E. RAMSTED PERRY K FEDERS CUrNE VICE PRESIDEM GENERAL MANA('�ER AND DIRECTOR.INDUSTRIAL DEVELOFMENT CHIEF ENGINEER DIRECTOR OF RNANCE ASST.E7fEC.V�CE PRES�DEM )MMISSIONERS GEORGE W. WINTER WIWAM WILSON ARTHUR N. GOODMAN VICTOR P. REIM JEAN M. WEST CHRIS NICOSIA WILLIAM J. SEIFER? PRESIDEM y�p��p� $ECRETARV 1REPSURER C.I.D. Certified Industrial Developer /`� �;��,� �� PORT AUTNORITY OF THE CITY OF SAINT PAUL 25 WEST FOURTH STREET • SUITE 1305 • ST. PAUL, MINN. 55102 • PHONE (612) 224-5686 June 28, 1983 Mr. James Be1'fus Director Planning and Economic Development Department City of St. Paul 14th Floor, City Hall Annex St. Pau�, Minnesota 55102 SUB�ECT: BATTLE CREEK HOTEL ASSOCIATES $9,600,000 REVENUE BOND ISSUE pear Jim: We submit herewith for your review and referral to the office of tfie Mayor, City Council , and the City Attorney's office a draft City Counci1 Reso'iution which ratifies the previous action taken by the City Council in giving its consent to the Batt�e Creek Ho'liday Inn Bonds, and meets the requirements of TEFRA that public approva� be given no ,more than one year prior to the issuance of the Bonds. � Your expeditivus handling of this matter will be appreciated. Yours truly, Eugene A. Kraut General Manager EAK:jmo Attach. cc: R. Broeker �BERT F. SPRAFKA EUGENE A KRAUT,C.I.D. DONAtD G. DUNSHEE, C.I.D. CLIFFORD E. RAMSiED PERRY K.FEDERS :CUTNE V10E PRESIOEM GENERALA�WVAf'�ERANO DIRECTOR.INWSfMAI DEVELOPMENT CHIEF ENGINEER DIREC7pR OF RNANC"c ASST.EXEC.VICE Pf7ES10EM �MMISSIONERS GEORGE W.WIMER WILLIAM WILSON ARTHUR N. GOODMAN VICTOR P. REIM JEAN M. WEST CHRIS NICOSIA WILLIAM J. SEIFERT ��M V10E PRESIDEM SECRETARV� TREASURER C.I.D. Certified Industrial Developer c_ �- - �� .Q ��x.?Q t , PORT AUTNORITY OF THE CITY OF SAINT PAUL ` 25 WEST FOURTH STREET • SUITE 1305 • ST. PAUL, MINN. 55102 • PHONE (612) 224-5686 June 28, 1983 Mr. James Be11us Director Planning and Economic Development Department City of St. Paul 14th F1oor, City Ha11 Annex St. Paul, Minnesota 55102 SUB�ECT: BATTLE CREEK F�TEL ASSOCIATES $9,600,000 REUENUE BOND ISSUE pear �im: We submit herewith for your review and referral to the office of the Mayor, City Council , and the City Attorney's office a draft City Counci1 Resolution which ratifies the previous action taken by the City Counci� in giving its consent to the Batt�e Creek Holiday Inn Bonds, and meets the requirements of TEFRA that public approva1 be given no more than one year prior to the issuance of the Bonds. Your expeditious handling of this matter wi�11 be appreciated. Yours truly, Eugene A. Kraut General Manager EAK:jmo Attach. cc: R. Broeker >BERT F. SPRAFKA EUGENE A KRAUT,C.I.D. DONALD G. DUNSHEE, C.I.D. CIIFFORD E. RAMSTED PERRY K.FEDERS :CUTNE VICE PRESIDEM GENERPLMANAGERAND OIRECTOR.INDU5rt21AL DEYELOPMENT CHIEF ENGINEER OIRECTOROFRNANCE . ASST.EXEC.VICE PRE51DENi � �MMISSIONERS GEORGE W. WINTER WILLIAM WILSpN ARTHUR N. GOODMAN VICTOR P. REIM JEAN M. WEST CHRIS NICOSIA WILLIAM J. SEIFERT PRESIDEM VICE PRESIDENT SECRETARV iRFASURER C.I.D. Certified Industrial Developer . � c� . �'°��^;t �1 >' ,, .: :��, , PORT AUTHORITY OF THE C1TY OF SAINT PAUL 25 WEST FOURTH STREET • SUITE 1305 • ST. PAUL, MINN. 55102 • PHONE (612) 224-5686 June 28, 1983 Mr. James Be1Tus Director P'lanning and Economic Development Department City of St. Pau�l '14th Floor, City Hall Annex St. Paul , Minnesota 55102 SUB�ECT: BATTLE CREEK 1�TEL ASSOCIATES $9,600,000 REVENUE BOND ISSUE pear Jim: We submit herewith for your review and referral to the office of tfie Mayor, City Council , and the City Attorney's office a draft City Council Resolution which ratifies the previous action taken by the City Counci� in giving its consent to the Batt1e Creek Ho'liday Inn Bonds, and meets the requirements of TEFRA that pubiic approva� be given no .more than one year prior to the issuance of the Bonds. Your expeditious handling of this matter wi11 be appreciated. Yours truly, Eugene A. Kraut General Manager EAK:jmo Attach. cc: R. Broeker BERT F. SPRAfKA EUGENE A KRAUT.C.I.D. DONALD G. DUNSHEE, C.I.D. CLIFFORD E. RAMSTED PERRY K.FEDERS :UTNE VICE PRESIDEM GENERqLMqNqGERAND DIRECTOR,INq15R21AL DEVELOPMENT CHIEF ENGINEER DIRECTOR OF RNANCc ASST.EXEC.VICE PRESIDENT �MMISSIONERS GEOR6E W. WINTER WILLIAM WILSpN ARTHUR N. C'�OODMAN VICTOR P. REIM JEAN M.WEST CHRIS NICOSIA WiLLIAM J. SEIFERT PRE5IDEM VICE PRESIDEM SECRETPRV TRFASURER C.I.D. Certified Industrial Developer lU T�-�� Fz��►�� r: �� :. �r ; PORT AUTFIORITY OF THE CITY OF SAINT PAUL 25 WEST FOURTH STREET • SUITE 1305 • ST. PAUL, MINN. 55102 • PHONE (612) 224-5686 June 28, 1983 Mr. James Be1'f us Director Planning and Economic Development Department City of St. Paul 14th Floor, City Hall Annex St. Paul , Minnesota 55902 SUB�ECT: BATTLE CREEK HOTEL ASSOCIATES $9,600,000 REVENUE BOND ISSUE pear Jim: We submit herewith for your review and referral to the office of the Mayor, City Counci7 , and the City Attorney's office a draft City Counci1 Reso1ution which ratifies the previous ° action taken by the City Counci� in giving its consent to the Batt1e Creek Ho'liday Inn Bonds, and meets the requirements of TEFRA that public approva1 be given no more than one year prior to the issuance of the Bonds. Your expeditious handling of this matter will be appreciated. Yours truly, Eugene A. Kraut General Manager � EAK:jmo Attach. cc: R, Broeker )BERT F. SPRAFKA EUGENE A. IQ2AUT,C.I.D. DONALD G. DUNSHEE, C.I.D. CLIFFORD E. RAMSTED PERRY K.FEDERS CUINE V�E PRESIDEM GENERAL tvWJAGER AND DIRECTOR.INDUSiRWI DEVELOPMENT CHIEF ENGINEER DIRECTOR OF FNANCc ASST E%EC.VICE PRESIDEM )MMISSIONERS GEORGE W.WINTER WILUAM WILSON ARTHUR N. GOODMAN VICTOR P. REIM JEAN M. WEST CHRIS NICOSIA WILUAM J. SEIFERT ��M V10E PRESIDENT SECRETARV TREASURER C.I.D. Certified Industrial Developer