HomeMy WebLinkAbout96-008
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CITY OF ARDEN HILLS
RAMSEY COUNTY
RESOLUTION NO. 96-08
RESOLUTION ENABLING THE ESTABLISHMENT OF AN ECONOMIC
DEVELOPMENT AUTHORITY
WHEREAS, Minnesota Statutes, Chapter 469 authorizes cities to establish economic
development authorities ("EDA") with specified powers and obligations to
promote and to provide incentives for economic development and redevelopment;
and
WHEREAS, the City Council ofthe City of Arden Hills, Minnesota (the "City") has
determined that it is in the best interest to establish an EDA in order to preserve
and create jobs, enhance its tax base, and to promote the general welfare of the
people of the City; and
WHEREAS, the City has provided public notice and conducted a public hearing on the
proposed adoption of this enabling resolution on January 29, 1995 and has
fulfilled all other legal requirements for the establishment of the Authority.
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Arden Hills:
L An economic development authority to be known as the "Economic
Development Authority of the City of Arden Hills" with all of the powers,
rights, duties, and obligations as set forth in Minnesota Statutes 469.090 to
469.108 and any other law is hereby established in and for the City.
2. The Authority shall be governed by a board of five (5) commissioners who
shall be members of the City Council. The Commissioners shall be elected
and qualified in the same manner as the members of the City Council.
3. Nothing shall prevent the City from modifying this enabling resolution to
improve upon the powers of the EDA or provide for other matters as
authorized by Minnesota Statutes, Sections 469.09 to 469.108 or other
law.
PASSED AND ADOPTED BY THE CITY COUNCIL OF T
THIS 29th DAY OF JANUARY, 1996.
ATTEST:
ADMINISTRATOR