HomeMy WebLinkAbout97-018
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CITY OF ARDEN HILLS
RAMSEY COUNTY
STATE OF MINNESOTA
RESOLUTION NO. 97-18
A RESOLUTION TRANSFERRING
VARIOUS BUDGETARY, FINANCIAL, PROPERTY, AND PERSONNEL
TO THE ARDEN HILLS ECONOMIC DEVELOPMENT AUTHORITY
WHEREAS, the City Council of the City of Arden Hills, Minnesota adopted Resolution No. 96-
08, Enabling the Establishment of an Economic Development Authority; and
WHEREAS, Minnesota Statutes, Section 469.094, Subd. 2, allows the City to transfer the
control, authority, and operation of any project as defined in Section 469.174, Subd. 8, or any
other program or project authorized by Sections 469.001 to 469.047 or 469.124 to 469.134
located within the City, from the government agency that established the project to the Economic
Development Authority; and
WHEREAS, the City is operating Development District No. I and Tax Increment Financing
Districts Nos. 1,2 and 3 within the Development Program; and
WHEREAS, the City Council has expressed a desire to transfer to the Economic Development
Authority all activities, programs, operations, and control of budgeting, financing, property
ownership, and personnel related to the economic development activities taking place within
these districts.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
ARDEN HILLS, MINNESOTA:
The City transfers all activities, programs, operations, and control of budgeting,
financing, property ownership, and personnel related to the economic development
activities taking place within Development District No. I and Tax Increment Financing
Districts Nos. 1,2 and 3. In addition, the City hereby transfers to the Economic
Development Authority, the budgetary components of the Municipal
DevelopmentlRedevelopment Fund (No. 522), which includes activities related to
Development District No. I and Tax Increment Financi Districts N . 1,2 and 3.
PASSED AND ADOPTED BY THE CITY COUNCIL 0
THIS 14TH DAY OF APRIL, 1997.
ATTEST: ~<'
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BRIAN' FRITS INGER, CITY ADMINISTRATOR
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