HomeMy WebLinkAboutResolution No. 217-15 - Interfund Loan: EDARESOLUTION
BE IT RESOLVED by the Common Council of the City of Rochester that the City establish
an interfund loan to the Rochester Economic Development Authority from the BioBusiness Center
project in the amount of $3,153,736.74 at the established interest rate and terms of the original
bonds used to finance the construction of the Minnesota BioBusiness Center.
PASSED AND ADOPTED BY THE COMMON COUNCIL OF THE CITY OF
ROCHESTER, MINNESOTA, THIS
ATTEST:
CITY CLERK
DAY OF , 2015.
PRESIDENT OF SAID COMMON COUNCIL
APPROVED THIS DAY OF
MAYOR OF SAID CITY
(Seal of the City of
Rochester, Minnesota)
Res 15Wdopt\InterfundLoan 1
2015.