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HomeMy WebLinkAboutEDA RES 2015-16115T WM' BE IIT RESOLVED By the Collumbia 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 469,1017 to levy a tax on its area of operation for the purposes authorized under State Statues 469.090 to 4691.1081, subject to consent by the City Council. N�OW, 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 $301,193 for year 20,16, 2. The EDA adopts and recommends to the City Council for approval a levy of $84,000 for year 2016. The Executive Director is instructed to transmit a copy of this resolution to the City Manager and Finance Diirector/City Clerk of the City of Columbia Heights, Milnnesota, APPROVED THIS 3 rd day of August 2015, ills I I . sill I Attest by., , " 'e Walter R. F4hst-,'ExWcutive Director tiary L. veierson, RM