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89 MINNESOTA STATUTES 2011 469.094 <br /> 469.093 PROCEDURAL REQUIREMENT. <br /> Subdivision 1. 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 0 2011 by the Office of the Revisor of Statutes,State of Minnesota.All Rights Reserved. <br />