HomeMy WebLinkAbout7823 (Res.)
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RESOLUTION NO. 7823
A RESOLUTION APPROVING A CHANGE IN
ORLEANS HOMES NUMBER ONE, A MINNESOTA LIMITED PARTNERSHIP
AND ORLEANS HOME NUMBER TWO, A MINNESOTA LIMITED PARTNERSHIP
BE IT RESOLVED, that the City Council of the city of
Stillwater hereby approve the addition of Harold W. Teasdale,
Ralph L. Peter and Thomas J. Cooper as partners of the general
partner in both Orleans Homes Number One, a Minnesota Limited
Partnership and Orleans Home Number Two, a Minnesota Limited
Partnership, and also approve the sale of limited partnership
units in both partnerships as set forth in the private placement
offering memorandum dated September 4, 1987.
BE IT FURTHER RESOLVED, that the representations set forth
in this private placement offering memorandum are the basis of
this approval of the City Council.
BE IT FURTHER RESOLVED, that the city attorney is hereby
authorized and directed to communicate the approval of this
Resolution to representatives of the above named partnership.
Adopted by the City Council of the City of Stillwater on the
7th day of October, 1987.
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Wally brahamson, Mayor
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