HomeMy WebLinkAboutEDA RES 2018-13"Alm
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WHEREAS, the City • Columbia Heights (the "City") established the EDA • an enabling resolution adopted on
January 8, 1996, pursuant to Minnesota Statutes 469.090 to 469.1081 (the "EDA Act"); and
WHEREAS, the City Council of the City has given to the EDA the responsibility for all development and
redevelopment projects and programs; and
WHEREAS, under Section 469.107 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 EDA Act, subject to the approval of the City
Council.
NOW, THEREFORE BE 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 $494,600 for 2019; and
BE IT FURTHER RESOLVED, that the EDA adopts and requests the City Council's approval of its tax levy in the
amount of $242,100 for taxes payable in 2019; 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.
0 �M
Passed this 4th day of September, 2018
Offered by: Buesgens
Seconded by: Schmitt
Roll Call: All ayes
k A
PresidentA J
Attest,
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Secretary
Resolution 2018-13