Laserfiche WebLink
ECONOMIC DEVELOPMENT AUTHORITY <br /> IN AND FOR THE <br /> CITY OF <br /> COUNTY OF <br /> STATE OF MINNESOTA <br /> <br />RESOLUTION NO. <br /> <br />RESOLUTION ACCEPTING CONTROL, AUTHORITY, <br />AND OPERATION OF HOUSING AND <br />REDEVELOPMENT PROJECT NO. AND TAX <br />INCREMENT FINANCING DISTRICTS NOS. <br />THROUGH <br /> <br /> BE IT RESOLVED by the Board of Commissioners (the "Board") of the <br />Economic Development Authority in and for the City of ., <br />Minnesota (the "EDA"), as follows: <br /> <br /> 1. Recitals. Ail actions required by the applicable provisions of <br />Economic Development Authorities, Minnesota Statutes,, Sections 469.097 to <br />469.108 inclusive, have been duly taken in order to create, constitute, and activate <br />the EDA. <br /> <br /> 2. Accepting Project Control~ Authority and Operation. In accordance <br />with Minnesota Statutes, Section 469.094, Subdivision 2, the Board hereby accepts <br />control, authority and operation of Housing and Redevelopment Project No. __ <br />and Tax Increment Financing Districts Nos. __ through __ located within <br />Housing and Redevelopment Project No. The Board also agrees that it <br />covenants and pledges to perform all terms, conditions and covenants initiated and <br />entered into by the Housing and Redevelopment Authority in and for the City of <br /> concerning all bond issues and related agreements pertaining to <br />Housing and Redevelopment Project No. __ and Tax Increment Financing <br />Districts Nos. __ through __ <br /> <br /> 3. Effective Date. This resolution shall be effective as of the date <br />adopted by the EDA. <br /> <br />Adopted by the Board of the EDA this __ day of <br /> <br />19 <br /> <br />President <br /> <br />ATTEST: <br /> <br />Secretary <br /> <br /> <br />