HomeMy WebLinkAboutEDA RES 2016-20RESOLUTION OF THE ECONOMIC DEVELOPMENT AUTHORITY IN AND FOR COLUMBI
HEIGHTS (EDA) ADOPTING THE 2017 BUDGET AND SETTING THE EDA LEVY. I
BE IT RESOLVED By the Columbia Heights Economic Development Authority (EDA) of Columbia
Heighits, Minnesota as follows:
WHEREAS, the Columbia Heights City Council established' the Columbia Heights Econorn rl
Development Authority January 8, 1996 pursuant to M�innesota Statutes 469.090 to 469.108
and
WHEREAS, the City Council has given to the EDA the responsibility for all development and
redevelopment projects and programs; and
WH'EREAS, 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:
I. The EDA adopts and recommends to the City Council for approval a budget of $297,018
for year 2016.
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 Director/City Clerk of the City of Columbia Heights, Minnesota.
MOTION BY:
Attest by:
Walter R. Fehst, "Executive irector