City of Stewart
EXHIBIT A
NOTICE OF PUBLIC HEARING ON TAX
ABATEMENT AND ISSUANCE OF BONDS
NOTICE IS HEREBY GIVEN that the City Council of the City of Stewart, Minnesota (the “City”) will meet at or after 7:00 p.m. on Monday, April 10, 2017 at City Hall, 551 Prior Street, Stewart, MN to conduct a public hearing to consider granting a property tax abatement (the “Abatement”) under Minnesota Statutes, Sections 469.1812 through 469.1816, as amended, to finance the costs of acquiring land and constructing Mill Street (the “Project”), which improvements will benefit certain property in the City (the “Property”). The Property is described as follows:
Parcel Identification Numbers: R20.067.0070
The total amount of the proposed Abatement is estimated to be not more than $885,000, collected over a period of up to 20 years. The City proposes to issue General Obligation Tax Abatement Bonds in an amount not to exceed $885,000 to finance the Project.
Any person wishing to express an opinion on the matters to be considered at the public hearing will be heard orally or n writing.
Dated: March 13, 2017.
CITY OF STEWART, MINNESOTA
/s/ Ronda Huls
City Clerk
Links:
[1] http://www.glencoenews.com/category/section/news/public-notices