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HomeMy WebLinkAboutEDA RES 2011-01 (2)WHEREAS, the Columbia Heights Economic Development Authority (EDA) is required by Minnesota Statutes Section 469.096, Subd. 9, to prepare a detailed financial statement which shows all receipts and disbursements, their nature, the money on hand, the purposes to wh:ich, the imoney on hand! is to be applied, the EDA's credits and 'assets and its outstanding, liabilities; and WHEREAS, said Statute, also requires the EDA to examine the statement and treasurer's vouchers or bills and if correct, to approve them by resolution and enter the resolution in its records; and WHEREAS, the financial statement for the month of November and December 2010 and January 2011 has been reviewed by the EDA Commission; and WHEREAS, the EDA has examined the financial statements and finds them to be acceptable as to both form and accuracy; and WHEREAS, the EDA Commission has other means to verify the intent of Section 469.096, Subd. 9, including but not limited to Comprehensive Annual Financial Reports, Annual City approved Budgets, Audits and similar documentation; and WHEREAS, financials statements are held by the City's Finance Department in a method outlined by the State of Minnesota's Records Retention Schedule, NOW, THEREFORE BE IT RESOLVED by the Board of Commissioners of the Columbia Heights Economic Development Authority that it has examined the referenced financial statements including the check history, and they are found to be correct, as to form and content; and BE 11T FURTHER RESOLVED the financial statements are acknowledged and received and the check history as presented' in writing is approved for payment out of proper funds,; and BE IT FURTHER RESOLVED this resolution is made a part of the permanent records of Vi;g Columbia Heights Economic Development Authority, Passed!, this 22"d day of February. MOTION BY- SECONDED BY: - --------- - AYES: President Attest By L Shelley Hanson, Secret dry 41-7-11 H6, 10i Ryill 0141 R*1111115, P0 va 1101:1"10,711 MA.WhI FIF 11011 Iffir-110MIMUSN'* WHEREAS, the Columbiia Heights Economic Development Authority (EDA) is required by Minnesota Statutes Section 469.096, Subd. 9, to prepare a detailed financi-• l statement which shN ws all receipts and disbursements, their nature, the money on hand, the urposes to which the money on hand is to be applied, the EDA's credits and assets and its outstanding liabilities; and EREAS, said Statute also requires the EDA to examine the statement and treasurer's vouchers or bills and if correct, to approve them by resolution and enter the resolution in its records; and WHEREAS, the financial statement for the month of November and December 2010 and January 2011 has been reviewed by the EDA Commission; and WHEREAS, the EDA has examined the financial statements and finds them to be acceptable as to both form and accuracy-, and XTAEREAS, the EDA Commission has other means to verify the intent of Section 469.096, Subd. 9!, including but not limited to Comprehensive Annual Financial Reports, Annual City approved Budgets, Audits and similar docurnentation; and WHEREAS, financials statements are held by the City's Finance Department in a method oudined by the State of Mininesota's Records Retention Schedule, NOW, THEREFORE BE IT RESOLVED by the Board of Commissioners of the Columbia Heights Economic Development Authority that it has examined the referenced financial statements including the check history, and they are found' to be correct, as to form and content; and BE IT FURTHER RESOLVED the financial statements are acknowledged and received and the check history as presented in writing is approved for payment out of proper funds; and BE IT FURTHER RESOLVED this resolution is made, a part of the permanent records of the Columbia Heights Economic Development Authority. Passed this 22nd day of February. 71royffolvelom EffeTWILTI-114"MIN AYES.. Attest By A Shelley-Hanson, Secret ,fry President K01019:14MOK101 AM F-11: 1:3 Lei: 1 &1 :1*103101141 NUOR 01:11F14101:2 h1:30 WAII 9.0 MI.- I ON WHEREAS, the Columbia Heights Economic Development Authority (EDA) is reqluired by Minnesota Statutes Section 469.096, Subd. 9, to prepare a detailed financial statement which shows all receipts and disbursements, their nature, the money on hand, the purposes to which the money on hand is to be applied, the EDA's credits and assets and its outstanding liabilities; and WHEREAS, said Statute also requires the EDA to examine the statement and treasurer's vouchers or bills and if correct, to approve them by resolution and enter the resolution in its records; and WHEREAS, the financial statement for the month of November and December 2010 and January 2011 has been reviewed by the EDA Commission; and WHEREAS, the EDA has examined the financial statements and finds them to be acceptable as to both form and accuracy; and WHEREAS, the EDA Commission has other means to verify the intent of Section 469.096, Subd. 9, including but not limited to Comprehensive Annual Financial Reports, Annual City approved Budgets, Audits and similar documentation; and WHEREAS, financials statements are held by the City's Finance Department in a method outlined by the State of Minnesota's Records Retention Schedule, NOW, THEREFORE BE ITRESOLVED by the Board of Commissioners of the Columbia Heights, Economic Development Authority that it has examined the referenced financial statements including the check history, and they are found to be correct, as to form and content; and BE IIIT FURTHER RESOLVED the financial statements are acknowledged and received and the check history as presented in writing is approved for payment out of proper funds; and BE IT FURTHER RESOLVED this resolution is made a part of the permanent records of the Columbia Heights Economic Development Authority. Passed this 22" d day of February. T11150100121 ME WI 0I 9m Attest By; Shelley Hanson, Secreta, 0