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80-010 RES 4, RESOLUTION 80-10 A RESOLUTION AMENDING RESOLUTION 79-41 411 GRANTING PRELIMINARY APPROVAL TO AN INDUSTRIAL REVENUE BOND PROJECT FOR S.D. SMITH AND ASSOCIATES WHEREAS, the Elk River City Council did approve Resolution 79-41 granting preliminary approval to an Industrial Revenue Bond project for S .D. Smith & Associates at a special meeting held on December 10, 1979; and, WHEREAS, S.D. Smith &Associates are no longer the equity owners of the proposed Industrial Revenue Bond project. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River that Resolution 79-41 be amended to substitute Mssrs. Jerry W. Gobel and Michael J. Paulucci in place of the equity owners formerly indicated in Resolution 79-41. Adopted this 16th day of June, 1980, by the Elk River City Council. , - , i -..„-xiid.6,,_ -- Madsen, Mayor ATTEST: 411 .dec___ . , _ _ , _ Rob-rt C. Mid.;ugh City Administrator/Clerk 0