HomeMy WebLinkAboutEDA RES 2018-07RESOLUTION NO. 2018-07
WHEREAS, the Columibia Heights Economic Development Authority (the "EDA") is req d by Minnesota
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Statutes Section 469,096, Subd'. 9, to prepare a detailed financial statement which shows all receipts and
disbursements, their natuire, the mon.QWsyahz-4,��,irW pwmx-xj
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thie EDA's credits and assets and its outstanding liabilities; and WAX
WHEREAS, said Statute also requires the ED,A 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 March 2018 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, 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.
Passed this 7th day of May, 2018
Offered by: Murzyn
Seconded' by: Buesgens
Roll Call: All ayes
Vice President
Attest,
Assistant Secretary 0
Resolution 2018-07