HomeMy WebLinkAboutEDA RES 2018-01PJAMTS 11111KIMM, ITAM.
liqlgipip pi� N OW ME
WHEREAS, the Columbia Heights Economic Development Authority (the "EDA") is required by Minnescita
Statutes Section 469,096, Subcl. 9, to prepare a cletaiIled finanI statement which shows all receipts and
disbursements, their nature, the money on hianid the purposes to which the money on hiand is to be applied,
the EDA's credits aind 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, toappirove, them by resolution and enter the resolution in its records; and
WHEREAS, the financial statement for the month of November and December 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, Slubdl. 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, 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 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,
'Ii IF 7� I I IIIIII II
5113 I'l I li I II il, ii iiwamemr Tiling 1, 111 1111i'l III a
Ili 111 11' 111 ]R�M-M=F! =1
Passed this 5th day of February, 2018
Offered by: Buesgens
Seconded by: Murzyn
Roll Call: All ayes
Presider4
Attest:,,,,,,,-
6 �1-
Assistant Secretary
Resolution 2018-01