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NCDA Agenda Item #2a <br /> <br />MEMORANDUM <br /> <br />March 26, 2004 <br /> <br />TO: <br /> <br />FROM: <br /> <br />RE: <br /> <br />NCDA <br /> <br />Staff <br /> <br />Approval of Local Contributions to Northstar Capital Cost <br /> <br />Attached are copies of the resolutions passed by the Sherburne and Anoka County Regional <br />Railroad Authorities approving their share of the Projects costs by contributing to payment of <br />debt service on bonds to be issued by Anoka County Regional Railroad Authority for the <br />purpose of financing the acquisition, development, construction and equipment of railroads and <br />railroad facilities. Also attached are drafts of the resolutions that are being considered by the <br />Hennepin County and Benton County Regional Railroad Authorities. <br /> <br />Action Requested: <br /> <br />Information <br /> <br /> Northstar Corridor Develop~nent AuthoriO, <br />2100 3'" Avenue, Anoka. Minnesota 55303-2265 (763) 323-5700 Fax: (763) 323-5682 www. northstartrain.org <br /> <br /> <br />