HomeMy WebLinkAboutEDA RES 2017-26A Resolution of the Economic Development Authority of Columbia Heights, Minnesota, Approving t
Financial Statements for Month of July 2017 andthe Payment of the Bills for the Month of
July 2017. 1
WHEREAS, the Columbia Heights Economic Development Authority (EDA) is required by Minnesota Statutes
Section 469,1096, Subd. 9, to prepare a detailed financial statement which, shows all receipts and
disbursements, their nature, the money on hand, the purposes to which the money on hand is to be 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 July 2017 has been reviewed by the EDA Commission; and
WHEREAS, the EDA has examined the financial 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 limited 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) THEREF'O,RE'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 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,
* 101 0 . 1014, A i "I I F
. ...... . .. . RME=i
Passed this 5th day of September ,2017
Offered by: Williams
Seconded by: Schmitt
Roll Call: All ayes
President
Attest:
Secreta
ReSOI.rUtion 2017-26