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. . . RESOLUTION 85-76 .1 RESOLUTION AUTHORIZING PUBLICATION OF A NOTICE OF HEARING ON A SOLID WASTE DISPOSAL FACILITY WHEREAS: A. The County of Anoka, Minnesota proposes to issue up to $53,185,000 of its resource recovery revenue bonds pursuant to Minnesota Statutes, Chapters 473 and 474 to finance the costs of a solid waste processing facility and related facility for the combustion of the refuse derived fuel produced by the solid waste processing facility; B. Anoka County has proposed to select either of two sites within the city limits of the City of Elk River for the solid waste processing facility, and further proposes that the facility for combustion of the product of the solid waste proces- sing facility should also be located within the city limits of the City of Elk River, Minnesota; C. Section 103(k) of the Internal Revenue Code of 1954, as amended, requires that certain public approval requirements must be satisfied prior to issuance of industrial development bonds prior, and further requires that if such bonds are issued to finance a facility located outside the geographic boundaries of the issuer of the bonds, the political subdivision within whose jurisdiction the facilities will be located must approve the ~acility; D. Anoka County has requested the City of Elk River to give the approvals required by Section 103(k) of the Internal Revenue Code with respect to the solid waste processing facility and related combustion facility and such approval can be given only after a duly held public hearing with respect to such facili- ties; and E. The City of Elk River has been advised by Briggs and Morgan, Professional Association, acting as bond counsel to Anoka County, that by giving its approval to the solid waste processing facility and related combustion facility and to the issuance of bonds to finance such facilities, the City of Elk River will not be deemed to be the issuer of the bonds or incur any liability with respect thereto; NOW THEREFORE, BE IT RESOLVED that the City of Elk River hereby agrees to consider approval of the Anoka County solid waste processing facility and related combustion facility on sites located within the City of Elk River and to conduct a public hearing thereon and thereafter consider a resolution expressing such approval.