HomeMy WebLinkAboutEDA Resolution No. 2025-01A RESOTUTION OF THE ECONOMIC DEVETOPMENT AUTHORITY OF COTUMBIA HEIGHTS, MINNESOTA,
APPROVING THE FINANCIAT STATEMENTS FOR THE MONTH OF NOVEMBER 2024 AND THE PAYMENT OF THE
BITLS FOR THE MONTH OF NOVEMBER 2024.
WHEREAS, the Columbia Heights Economic Development Authority (the "EDA") is required by Minnesota
Statutes Section 469.096, 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 statements for the month of November 2024 have 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 469.095, Subd. 9, including
but not limited to Comprehensive Annual Financial Reports, Annual City approved Budgets, Audits and similar
documentation; and
WHEREAS, financial 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 tT RESOwED 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 lT 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 lT FURTHER RESOLVED this resolution is made as part of the permanent records of the Columbia Heights
Economic Development Authority.
ORDER OF ECONOMIC OEVETOPMENT AUTHORIW
Offered by:
Seconded by
Roll Call:
President
Atte
Sec
Resolution 2025-0I
RESOLUTTON NO.2025-01
Passed this 5th day of January 2025