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HomeMy WebLinkAboutEDA RES 2011-08RESOLUTION OF THE ECONOMIC DEVELOPMENT AUTHORITY IN AND FOR COLUMBIA HEIGHTS (EDA); ADOPTING THE 20112 BUDGET AND SETTING THE D. LEVY. BE IT RESOLVED By the Columbia Heights Economic Development Authority (EDA) of Columbia Heights, Minnesota as follows: WHEREAS, the Columbia He:ights City Council established the Columbia Heights Economic: Development Authority January 8, 19196 pursuant to Mlinnesota 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 or subject to consent by the City Council. NOW, THEREFORE BE IT RESOLVED BY THE EDA FOR THE CITY OF COLUMBIA HEIGHTS, MINNESOTA THAT: The EDA adopts and recommends to the City Council for approval a budget of $340,154 for year 2012. 2. The EA adopts and recommends to the City Council for approval a levy of $84,811 for year 2012. 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. � 17 111 "61 1 " Attest by: Walter R. refist; bxecutiv6"Director