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"+ ORDINANCE 40$43 <br /> .... :. ._ . ._ CITY OY IZA IV EY <br /> _N01&COUNTY ; <br /> ` STATE Off+ MININESOTA ` <br /> AMENDMENT TO CHAPTER 2 WHICH IS KNOWN AS COUNCIL, BOARDS AND <br /> COMIMISSION& <br /> i <br /> AN ORDINANCE AMENDING CHAPT+R 2., SECTION 2,02 ENTITLED "►'ECONOMIC <br /> DEVELOPMENT AUTHORITY" OIr THE CITY CODE OF RAMSEY, MINNESOTA <br /> f <br /> The City ofRamsey ordains; <br /> f ; <br /> SECTION 1 AU..110 , <br /> I � <br /> This ordinance is adopted pursuant to and under the authority of the City Charter of the City of j <br /> i Ramsey. � <br /> SECTION 2. A.IMENDIMEN"JC __.._..... <br /> i .Section 2,02 of the City Cod is:deleted in its entirety andlanguage is. added to read as j <br /> follows; I <br /> 2;02 teonomic Development Authoxilty <br /> 2.02.01 EstWish-Went. <br /> I G <br /> • Subd. i. Establishment. The City of Ramsey is authorized by Minnesota Statutes, <br /> Chapter 469 (the Act)and specifically Section 469:091, to establish an Pconomic Development <br /> Authority(EDA) The EDA is a public body corporate and politic and apolitical subdivision of <br /> the State of Minnesota, The EDA shall consist of a governing body of seven commissioners, <br /> Two of the commissioners.shall be members ofthe*City Council fAlt,corxrmissioners shallthe <br /> ,appointed by'�the Mayor with the approval of the'C ty,Council, Those initially appointed shall. <br /> be appointed for terms of two, three; four, five, and six years respectively, Thereafter, all <br /> comihilssioners shall be appointed for six-year terms. A vacancy is cheated in the membership of !�! <br /> the eomrnission when a City Couacilmember of the Authority ends Council membership, i <br /> i <br /> Subd.2. Purpose. The primary purpose of the EDA is,to coordinate and administer ` <br /> econorrite development and.redevelopment plans and programs of the City of Ramsey-, The <br /> EDA,is vital to the orderly.development and financing of the City and in the best interests.of the C <br /> health, safety,.prosperity and:general welfare of the citizens:of the City, I <br /> 2,02.02 Powers. The EDA shall have all powers, duties and responsibilities set forth in' Section <br /> 469;090 to 4.69,10.8 of the Act and as said Act may be amended from time to time, and 611 <br /> other applicable laws, exeopt:as limited by Section 2,02.03 Limits of Powers, j <br /> C <br /> I <br /> is <br /> 1 <br /> 1 <br /> t �, <br />