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01-09-1985 Meeting
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01-09-1985 Meeting
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4/24/2017 2:53:01 PM
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City Meetings
Meeting Body
Industrial Development Corporation
Meeting Doc Type
Minutes
Date
1/9/1985
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S r • • <br />12. • Describe the Project (number and size of bui ldings, <br />equipment, expected use, etc.). ~ . <br />One, Two-story, 12,000 sq. ft. office building <br />13 . State (a) whetrer more than 25% of the proceeds of the <br />Bonds will be used to provide a facility the primary <br />nurpese of which is one of ti:e following: retail food <br />and beverage service, automobile sales or se_-vice, or the <br />n r~ re ; r en~-erya' ° } Or (b) W~`lett'ier <br />prov~s~o oL _ c_ at on o_ _ _ .. _=.:-~_n~, <br />ary porn on of t::e proceeds of the 3onds is to be used to <br />provide the following: private or ccr„mercial golf <br />course, country club, massage parlor, tennis club, <br />skating facility (including roller skating, skateboard, <br />and ice skating), raceuet sports facility (including any <br />handball or raccuetball court), hot tub facility, suntan <br />~~ facility, or racetrack. With res^ect to the pro^eryy <br />described i n clause (a) , if less t::an 25°; of t;^_e proceeds <br />Of the BOndS Wli1 be used fOr St1Ch prO~erty, deSCr.be the <br />portion of proceeds so used. <br />NONE <br />14. List the items of property (e.g., buildi^g, machinery and <br />t i p ~" a ~ C r D e e- ~' t 1'1 Y ~' r <br />ecl.~pm nom, 1 nd, si L... 1mD_ OV m n..S, ~....) , O :.e_ t...an <br />lr_tereSt durl:7g CO^Str'1C:.lOn and ~SJLa:.C° COStS; th° COSt <br />of which will be financed out of the proceeds of the. <br />Bonds. Also provide the completion dates and the <br />reasonably expected economic life of such property. For <br />purposes of determining or projecting cem~letion dates, <br />in the case of .real property, such date i~s the date on <br />which construction or development work is complete and, <br />in the case of personal property, sucz date is the date <br />on which the property is first put in use or i^stalled, <br />whichever is later. .or purposes of deter..,_n~ng the <br />expected economic life of such pr ^er-y e " ~'en.. .d <br />. r ~e_ ~e shou <br />b°_ made t0 Lh e m~d~C~.,t l_Ve5 rOV_~.°d l:.^.°r t:':e ;:~tZ <br />S,lStem Of d~pr°_C.'~a'.~J.^ 'd:ti'.°_r°_ a~~'__~ab_°, 3.^. C: -"'O <br />-, _.. <br />g•.:idel~ne 1_t,-es estabi_s hod by _: e I: cer^al .cove^.ue <br />Serv_ce for structu.es. If, hewev:r farts a::d <br />~.. <br />-7- <br />
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