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87-106 e e e CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA DATE: October 5, 1987 RESOLUTION NO: 87-106 MOTION BY: Geving Horn SECONDED BY: A RESOLUTION GIVING FINAL APPROVAL TO THE ISSUANCE OF COMMERCIAL DEVELOPMENT REVENUE BONDS IN THE APPROXIMATE AGGREGATE PRINCIPAL AMOUNT OF $600,000 TO FINANCE THE ACQUISITION, CONSTRUCTION, AND INSTALLATION OF A LICENSED CHILD DAY CARE FACILITY AND NURSERY SCHOOL WHEREAS, the City of Chanhassen gave preliminary approval on July 20, 1987, for the usage of commercial development revenue bonds for a licensed child day care facility and nursery school; and WHEREAS, all conditions and findings made on July 20, 1987, have been met and are restated here as a part of this resolution. NOW, THEREFORE BE IT RESOLVED, that the Chanhassen City Council hereby approves the final resolution for the issuance of commercial development revenue bonds in the approximate aggretate principal amount of $600,000 to finance the acquisition, construction and installation of a licensed child day care faci- lity and nursery school and the adoption of the consent agreement dated September 16, 1987. Passed and adopted by the Chanhassen City Council this 5th day of October , 1987. ATTEST: L YES NO ABSENT Hamilton Boyt Johnson Horn Geving None None