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10/24/2024 10:42:40 AM
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12/2/2011 2:44:23 PM
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Dec 5 2011 Eco Dev. Auth. Meeting
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g9 MINNESOTA STATUTES 2011 469.094 <br />469.093 PROCEDURAL REQUIREMENT. <br />Subdivision l. Enabling resolution. The creation of an authority by a city must be by <br />written resolution referred to as the enabling resolution. Before adopting the enabling resolution, <br />the city council shall conduct a public hearing. Notice of the time and place of hearing, a statement <br />of the purpose of the hearing, and a summary of the resolution must be published in a newspaper <br />of general circulation within the city once a week for two consecutive weeks. The first publication <br />must appear not more than 30 days from the date of the public hearing. <br />Subd. 2. Modifications. All modifications to the enabling resolution must be by written <br />resolution and must be adopted after notice is given and a public hearing conducted as required <br />for the original adoption of the enabling resolution. <br />History: 1987 c 291 s 94 <br />469.094 TRANSFER OF AUTHORITY. <br />Subdivision 1. Economic development, housing, redevelopment powers. The city may, <br />by ordinance, divide the economic development, housing, and redevelopment powers granted <br />under sections 469.001 to 469.047 and 469.090 to 469.108 between the economic development <br />authority and any other authority or commission established under statute or city charter for <br />economic development, housing, or redevelopment as provided in subdivision 2. <br />Subd. 2. Project control, authority, operation. The city may, by resolution, transfer the <br />control, authority, and operation of any project as defined in section 469.174, subdivision 8, or <br />any other program or project authorized by sections 469.001 to 469.047 or 469.124 to 469.134 <br />located within the city, from the governmental agency or subdivision that established the project <br />to the economic development authority. The city council may also require acceptance of control, <br />authority, and operation of the project by the economic development authority. The economic <br />development authority may exercise all of the powers that the governmental unit establishing the <br />project could exercise with respect to the project. <br />When a project or program is transferred to the economic development authority, the <br />authority shall covenant and pledge to perform the terms, conditions, and covenants of the bond <br />indenture or other agreements executed for the security of any bonds issued by the governmental <br />subdivision that initiated the project or program. The economic development authority may <br />exercise all of the powers necessary to perform the terms, conditions, and covenants of any <br />indenture or other agreements executed for the security of the bonds and shall become obligated <br />on the bonds when the project or program is transferred as provided in this subdivision. <br />If the city transfers a housing project or a housing development project to the economic <br />development authority, the city must transfer all housing development and management powers <br />relating to that specific project to the authority. <br />Subd. 3. Transfer of personnel. Notwithstanding any other law or charter provision <br />to the contrary, the city council may, by resolution, place any employees of the housing and <br />redevelopment authority under the direction, supervision, or control of the economic development <br />authority. The placement of any employees under the direction, supervision, or control of the <br />economic development authority does not affect the rights of any employees of the housing and <br />redevelopment authority, including any rights existing under a collective bargaining agreement <br />or fringe benefit plan. The employees shall become employees of the economic development <br />Copyright �O 2011 by the Office of the Revisor of Statutes, State of Minnesota. All Rights Reserved. <br />
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