HomeMy WebLinkAboutEDA RES 2016-27A Resolution of the Economic Development Authority of Columbia Heights, Minnesota, Approving the
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WHEREAS, the Columbia Heights Economic Development Authority (EDA) is required by Minnesota Statutes
Section 4r* 1•r Subd. 9, to prepare a detailed financial statement which shows all receipts and
disbursements, their nature�, thie money on hand the purposes to which the money on hancl is to • 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 August, 2016 Ihave been reviewed by the EDA
Commission; and
WHEREAS, the EDA has examilned the fiinanciall 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 lim,iited 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 IT FURTHER RESOLVED the financiiail 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 3rd day of October ,2016
Offered by: Szurek
Seconded by. Schmitt
Roll Call: All ayes
Attest,:
"
Shelley Hanson, Secretary
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Resolution 20�16-27