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11-09-1992 Public Hearing MinutesSTATE OF MN A Public Hearing on the EDA COUNTY OF WRIGHT Redevelopment Plan for the City of CITY OF OTSEGO Otsego was held this 9 day of Nov., 1992, at 7:00 PM. Norman F. Freske, Mayor, Doug Lindenfelser, Floyd Roden, Larry Fournier, and Ron Black, Council Members, Jerome Perrault, Clerk, James Barthel, Treasurer, Elaine Beatty, Deputy Clerk/Zoning Administrator, Judy, Hudson, Secretary, and Bill Radzwili, Attorney, were present. The Hearing was called to order by Mayor Norman F. Freske . Attorney Bill Radzwill addressed the Hearing and advised the Council that they need to adopt a Resolution accepting the Redevelopment Plan for the Otsego Community Center Project. Motion by Larry Fournier to adopt the Resolution accepting the EDA Redevelopment Plan for the Otsego Community Center Project. Seconded by Floyd Roden, all Council Members voted in favor of the motion. The full text of the Resolution is attached to these minutes. • Ron Black noted that no one was present at the Hearing. Motion by Ron Black to close the Hearing. Seconded by Doug Lindenfelser, all Council Members voted in favor of the motion. Motion by Ron Black to sell bonds to the Security State Bank of St. Michael at the terms outlined by Bill Radzwili with the interest at 6%, fifteen year maturity and callable in 5 years. Seconded by Doug Lindenfelser, all Council Members voted in favor of the motion. Motion by Ron Black to adjourn the Hearing. Seconded by Larry Fournier, all Council Members voted in favor of the motion. NORMAN F. FRESKE, MAYOR DOUG LINDENFELSER, COUNCIL FLOYD RODEN, COUNCIL LARRY FOURNIER, COUNCIL RON BLACK, COUNCIL ATTEST: Jerome Perrault, Clerk. JP/,jell