HomeMy WebLinkAboutEDA RES 2017-27NMI I
WHEREAS, the City of Columbia Heights (the "City") established the EDA by an enabling resolution adopted
January 8, 1996, pursuant to Minnesota Statutes 469.090 to 469.1081 (the, "EDA Act"), and I
WHEREAS, the City Council of the City has given to the EDA the responsibility for all development and
redevelopment projects and programs; and
WHEREAS, undler Section 460.107 of the EDA Act, the City is authorized to levy a tax for the benefit of the EDA
on its area of operation for the purposes authorized under the EDIA Act, subject to the approval of the City
Council.
NOW, THEREFORE IRE IT RESOLVED, by the Board of Commissioners of the Columbia Heights Economic
Development Authority, that the EDA adopts and requests the City Council's approval of its budget in the
amount of $448,242 for 2018; and
BE IT FURTHER RESOLVED, that the EDA adopts and requests the City Council's approval of its tax levy in the
amount of $220,100 for taxes payable in 2018; and
BE IT FURTHER RESOLVED, that the Executive Director is instructed to transmit a copy of this resolution to the
City Manager, Finance Director, and City Clerk of the City of Columbia Heights, Minnesota.
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Passed this St day of se2tember —12017
Offered by: Buesgens
Seconded by: Williams
Roll Call: All ayes
A President
Attest: \
Resolution 2017-27