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Resolution 95-16
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Resolution 95-16
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RESOLUTION <br /> WHEREAS, the Pequot Lakes City Council hereby approves <br /> the loan agreement with Arvig Telephone Company and the <br /> General Obligation Note for the grant under the Rural <br /> Economic Development Loan and Grant Program through Rural <br /> Electrification Administration ; and <br /> WHEREAS, the Pequot Lakes City Council has authorized <br /> the Mayor and the City Clerk to sign the note and provide <br /> necessary evidence for commitment confirming that the City <br /> nas $220 , 000 for the development of the industrial park <br /> project . <br /> NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF <br /> PEQUOT LAKES, MINNESOTA, the Mayor and clerk are hereby <br /> authorizer, and directed to enter into and sign the necessary <br /> paperwork for Arvig Telephone Company and provide the General <br /> Obligation Note on behalf of the City of Pequot Lakes . <br /> .-14/ <br /> \' Ed Larsen , Mayor <br /> Term Russell , City tTerk <br /> Passed this 5th day of December , 1995 . <br />
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