Laserfiche WebLink
EXTRACT OF MINUTES <br />OF MEETING OF THE CITY COUNCIL <br />OF THE CITY OF [NAMEOFCITY], MINNESOTA <br />HELD: , [Year] <br />Pursuant to due call and notice thereof, a regular or special meeting of the City Council <br />of the City of [NameofCity], Minnesota, was held at the [NameofCity] City Hall on <br />, [Year], commencing at p.m., C.T. <br />The following members of the Council were present: <br />and the following were absent: <br />Councilmember introduced the following Resolution and moved its adoption: <br />ENABLING RESOLUTION ESTABLISHING THE ECONOMIC <br />DEVELOPMENT AUTHORITY OF THE CITY OF [NAMEOFCITY], MINNESOTA, <br />UNDER MINNESOTA STATUTES, SECTIONS 469.090 THROUGH 469.1082 <br />BE IT RESOLVED by the City Council (the "Council") of the City of [NameofCity], <br />Minnesota (the "City"), as follows: <br />1. Recitals. The City is authorized pursuant to Minnesota Statutes, Sections 469.090 <br />through 469.1082 (the "Economic Development Authority Act"), to establish an economic <br />development authority for the City and the Council desires to do so in order to promote certain <br />economic, commercial, housing, and/or industrial development and redevelopment goals and <br />objectives. The City has caused notice of a public hearing on the establishment by the City of an <br />economic development authority to be published in a newspaper of general circulation in the <br />City once each week for two consecutive weeks, and pursuant to such notice, a public hearing on <br />the proposal has been held by the Council on the date hereof, at which hearing all persons <br />desiring to present their oral or written comments on the proposal were given an opportunity to <br />do so. <br />2. Establishment of Economic Development Authority. Pursuant to the Economic <br />Development Authority Act, the Council hereby establishes an economic development authority <br />for the City to be known as the Economic Development Authority of the City of [NameofCity], <br />Minnesota (the "EDA"). The EDA shall be governed by a board of commissioners thereof <br />consisting of five members, all of whom shall be members of the Council. Each Commissioner <br />of the EDA who is a member of the Council shall cease to be a Commissioner effective at such <br />time as he or she is no longer a member of the Council, and a successor Commissioner shall be <br />38 <br />