1. MIDA Bond Hospice of Red River Valley
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1. MIDA Bond Hospice of Red River Valley
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<br />ARNTS01\ & STE\\ART. P.t . <br /> <br />\i'\'IIIc')~ at Ll\I <br />~1 B"':ld\\ay. Sui1\' (,iU <br />Pli Bu\ 7Y-,<1 <br />1<1;'1"", '\..'lIb PakoLi :;S I ';.-f)7X'; <br /> <br />~, "--::...~ <br /> <br />[',,"1"\ 1 <br />n:L -, <br /> <br />2006 <br /> <br />JON M ARNr~;ON' <br />.JAME.S H sn WAr41 ,. <br /> <br />lelq'!""I" 7ll1-2XlJ-Ol") <br />kin "p!>'! 70 1.2XIl- i 4\13 <br /> <br />;'t<.~Ufr.--{ CC0~'>:~~::',,;"i~;~: <br /> <br />ALSO LiCLN',[,U ItJ <br />'MINNLSOTA <br />H('IP:..(j")N <br /> <br />IkLl:mher 18. 2006 <br /> <br />IVls. I leather \Vorden <br />Administrative Secretary <br />Board of Commissioners <br />P.O. B(lX 2806 <br />Fargo. North Dakota 58108 <br /> <br />Re: ('ass County. North Dakota <br />Mllrtgage Revenue Bonds <br />(Hospice of the Red Rivcr Valle) Projcct}. Series 2007 <br /> <br />Dear I leather: <br /> <br />Lndllsed are the following documents in connection \\ ith the above-n:fercncL'd hond issue: <br /> <br />I. <br /> <br />Cass County MIDA Bond Application Form and a check illr S 1.000: <br /> <br />') <br /> <br />Preliminary Resolution and Notice of llearing Ul cupks l. <br /> <br />Please place the Resolution on the agenda fl)r the Januar) 2,2007 Count) <.. 'ollll11issilln meeting. Irthe <br />resolution is adopted. I would appreciak recl-'iving threi.: signed copies Il1l' transcript purposes. The <br />remaining copy may be IIled vvith the minutes oCthe meeting, Our office \\ ill take care of publishing <br />the Notice of Public Hearing. <br /> <br />Ilospice of the Red River Valley will ask the County to designate the bt)nds <I.'. "qualified tax-exempt <br />obligations" under Si.:clioll 265(b)(3) ot'the Internal Revenue Code. lunderstalld the County expects <br />ttl have the capacity to make such a designation under the $1 O.O()O,OOO limit Ill!' bank qualjfied bonds <br />during thL' :2007 calendar year. <br /> <br />SincL'rl'!Y. <br /> <br />ARNTSON & STE\VART. P.C. <br /> <br />~:'an <br /> <br />;\ ttLl rJl 1.') at Law <br /> <br />Lllc losllre <br /> <br />SUGGESTED MOTION: <br />Move to adopt Resolution #2007-1, Relating to a Project under the Municipal <br />Industrial Development Act, Giving the Project Preliminary Approval, Subject to a <br />Public Hearing (Hospice of the Red River Valley Project). <br /> <br />-"-~"~-"~~-""-"""-~~- .....- ""--"-"-'~'--,--, " <br />
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