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<br />- <br /> <br />, <br /> <br />~ <br />~~HILLS <br /> <br />. <br /> <br />CITY OF A.RDEN HILLS ECONOMIC DEVELOPMENT AUTHORITY <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br /> <br />RESOLUTION NO. EDA 02-01 <br /> <br />ESTABLISHING A POLICY REGAROING BUSINESS SUBSIDIES <br /> <br />WHEREAS, Minnesota Statues, Sections 1] 6J993 through 116J995 (the "Statutes") <br />require the adoption of criteria for the granting of business subsidies as defined in the Statues: <br /> <br />WHEREAS, the Arden Hills Economic Development Authority (the "EDA") has <br />determined that it is necessary to adopt business subsidy criteria pursuant to the Statutes; and <br /> <br />WHEREAS, The EDA has performed all actions required by law prior to the adoption <br />and approval of the proposed business subsidy criteria, including the holding of a public hearing <br />upon published notice on November 27th, 2002. <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the Arden HiJls EDA that the business . <br />subsidy criteria contained in Exhibit A of this resolution are hereby approved, ratified, <br />established, and adopted and shall be placed on file at the Arden Hills City Hall. <br /> <br />Adopted this 9th day of December, 2002. <br /> <br />DENNIS PROBST, PRESIDENT <br /> <br />ATTEST: <br /> <br />JOSEPH p, LYNCH, EXECUTIVE DIRECOR <br /> <br />. <br />