Agenda - Council - 10/08/1991 - Laserfiche WebLink

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I I I I I I I I I I I I I I I I I I Councilmcmber inu'educed the following resolution and moved for its adoption: RESOLUTION g91-10- RESOLUTION ESTABLISHING THE RAMSEY ECONOMIC DEVELOPMENT AUTHORITY UNDER MINNESOTA STATUTES SECTIONS 469.090 THROUGH 469.108 NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: 1) ~ That the City is authorized pursuant to Minnesota Statutes, Sections 469.090 through 469.108 (the "Economic Development Authority Act"), to establish an economic development authority for the City, and the Council desires to do so in order to promote the economic, commercial, housing, and industrial development and redevelopment of the City and in order to consolidate the activities heretofore undertaken by the City in those areas. The City has caused notice of a public hearing on the establishment by the City of an economic development authority to be published in a newspaper of general circulation in the City once each week for two consecutive weeks, and pursuant to such notice, a public hearing on said question has been held by the Council on the date hereof, at which hearing ali persons desiring to present their oral or written comments on this proposal were given an opportunity to do so. 2) Establishment of Economic Development Authority. That pursuant to the Economic Development Authority Act, the Council hereby establishes an economic development authority for the City, to be known as the Ramsey Economic Development Authority (the "EDA"). The EDA shall be governed by a board of commissioners thereof consisting of the five members of the Council, and the term of each commissioner of the EDA shall coincide with that commissioner's term of office as a member of the City Council. 3) Powers. That the EDA shall have all powers given to an economic development authority pursuant to the Economic Development Authority Act, as the same may be amended or supplemented. The motion for the adopting of the foregoing resolution was duly seconded by Councilmember and upon vote being taken thereon, the following voted in favor thereof: and the following voted against the same: and the following abstained: and the following were absent: whereupon said resolution was declared duly passed and adopted by the Ramsey City Council this the 8th day of October, 1991. ATTEST: Mayor City Administrator 3'5