Resolution 16-05 State Bonding
PRELIMINARY CAPITAL BONDING REQUEST OF THE STATE OF MINNESOTA 2006 LEGISLATIVE SESSION
WHEREAS, the State of Minnesota invites proposals for capital budget requests from local governments and political subdivisions of the State for the Legislative Session 2006; and
WHEREAS, the renewable and sustainable business park will benefit not only Mountain Iron but the region and State of Minnesota by attracting private sector businesses that specialize in renewable energy systems; and
WHEREAS, the City of Mountain Iron requests that the State of Minnesota participate in the construction of a renewable and sustainable energy park for the benefit of the State of Minnesota and the Mountain Iron area.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF MOUNTAIN IRON, MINNESOTA that it supports a request of $500,000 of funding from the 2006 State of Minnesota Legislative Session for the construction of a renewable and sustainable energy park.
DULY ADOPTED BY THE CITY COUNCIL THIS 20th DAY OF JUNE, 2005.