HomeMy WebLinkAboutEDA RES 2016-18A Resolution of the Economic Development, Authority of Columbia Heights, Minnesota, Approving the
cinancial Statements for the Month of May and June, 2016 and the Payment of the Bills for the Month of
2=.
WHEREAS, the Columbia Heights Economic Development Authority (EDA) is required by Minnesota Statutes
Section 4691.0196, Subd, 9, to prepare a detailed finalncial statement which shows all receipts and
disbursements, their nature, the mioney on it the purposes to whii�ch the money on hand is to • applied,,
the EDA's credlits and assets and its outstanding liabil�ities, and
WHEREAS, said Statute also reqluires the EDA to examine the statement and treasureirl'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 May and Juine, 2016 have been reviewed by the EDA
Commission; and
WHEREAS, the EDA has examined the financial statements and findls 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, S,ubdl. 9, including
but not limited to Comprehensive Annual Financial Reports, Annual City approved Budgets, Audits and similar
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 IT FURTHER RESOLVED the financial statements are acknowledged and received and the check history as
presented in writiing 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 Ist day of Auqust Y 2016
Offered by: Szurek
Seconded by: Nawrocki
Rol] Call: All ayes
Gary L. Peterson,/President
Attest:
Shelley Hanson, Se
Resolution 2016-18