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<br />. <br /> <br />RESOLUTION 86-19 <br /> <br />RESOLUTION AUTHORIZING DISBURSEMENT OF FUNDS TO ROMA TOOL <br />AND PLASTICS, INC. UNDER THE TERMS OF THE LOAN AGREEMENT <br />BETWEEN THE CITY OF ELK RIVER AND ROMA TOOL AND <br />PLASTICS. INC. AND THE GRANT AGREEMENT (GRANT NO. 12027W00486) <br />BETWEEN THE CITY OF ELK RIVER, MINNESOTA AND THE <br />STATE OF MINNESOTA <br /> <br />BE IT RESOLVED by the City Council of the City of Elk River that the amount of <br />$500.000. received from the State of Minnesota under the Small Cities <br />Development Program is hereby authorized for disbursement to Roma Tool <br />and Plastics. Inc. as follows: <br /> <br />1. The funds shall be disbursed to Roma Tool and Plastics. Inc. in <br />accordance with the loan agreement between the City of Elk River and <br />Roma Tool an Plastics. Inc. and in accordance with the grant <br />agreement (Grant No. 12027W00486) between the City of Elk River and <br />the State of Minnesota. <br /> <br />Passed an adopted by the Elk River City Council this Seventeenth day of March. <br />1986. <br /> <br />~ 6!' i;L ~ <br />// ~~~ / . <br />~7--::L - c:A..~ <br /> <br />Richard Hinkle. Mayor <br /> <br /> <br />. <br /> <br />Th as <br />I <br />