HomeMy WebLinkAboutEDA Resolution No. 2025-29RESOLUTTON NO.2025-29
A RESOTUTION OT THE ECONOMIC DEVETOPMENT AUTHORITY OF COLUMBIA HEIGHTS, MINNESOTA,
APPROVING THE FINANCIAL STATEMENTS FOR THE MONTH OF SEPTEMBER 2025 AND THE PAYMENT OF THE
BItts FOR THE MONTH OF SEPTEMBER 2025.
WHEREAS, the Columbia Heights Economic Development Authority (the "EDA") is required by Minnesota
Statutes Section 459.096, 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, the financial statements for the month of September 2025 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 accu racy; 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, 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 lT RESOTVED 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 RESOTVED this resolution is made as part ofthe permanent records ofthe Columbia Heights
Economic Development o"noJXXr*
o, EcoNoMrc DEVETopMENT AUTHoRTw
t le:
Passed this 1st day of December 2025
tary
A se t
Offered by:
Seconded by:
Roll Call:
Resolution 2025-29
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
,/^rlr!
Title: President