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HomeMy WebLinkAboutEDA RES 2010-16EDA RESOLUTION 2010 -16 AMENDING RESOLUTION 2010 -13, REAUTHORIZING APPROVAL OF THE 2011 ECONOMIC DEVELOPMENT AUTHORITY (EDA) BUDGET AND SETTING THE EDA LEVY. BE IT RESOLVED By the Columbia Heights. Economic Development Authority (EDA) of Columbia Heights, Minnesota as follows: WHEREAS, the Columbia Heights City Council established the Columbia Heights Economic Development Authority January 8, 1996 pursuant to Minnesota Statutes 469.090 to 469.1081; and WHEREAS, the City Council has given to the EDA the responsibility for all development and redevelopment projects and programs; and WHEREAS, the EDA is authorized under State Statutes, Section 469.107 to levy a tax on its area of operation for the purposes authorized under State Statues 469.090 to 469.1081, subject to consent by the City Council. NOW, THEREFORE BE IT RESOLVED BY THE EDA FOR THE CITY OF COLUMBIA HEIGHTS, MINNESOTA THAT: 1. The EDA adopts and recommends to the City Council for approval a budget of $325,185 for year 2011. 2. The EDA adopts and recommends to the City Council for approval a levy of $84,811 for year 2011. The Executive Director is instructed to transmit a copy of this resolution to the City Manager and Finance Director /City Clerk of the City of Columbia Heights, Minnesota. APPROVED THIS 23rd DAY OF November 2010 MOTION BY: SECONDED BY: ROLL CALL: AYES: NAYS: Attest by: Walter R. Fehs , xecutive Director