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CITY OF CENTFAVILLE,MS' <br /> RESOLUTION _j <br /> /0--- <br /> RESOLUTION ETHE ESTADIISHMENT <br /> E N C <br /> DEVELoIPMr'N'TTER CITY OF cUNTG BviLix <br /> I TMINGESOTA STATUTES, SECTIONS 469490 <br /> THROUGH 469.1082,AS AMENDED <br /> E IT RESOLVEDCity Council (the ill of the City of Centerville, Minaccom <br /> . " fidlows. <br /> Season I Rcn <br /> s . The City is authorized pursuant to Elitermomstatutes, Sections <br /> 469.1082, n fish an econossic dsmOcienent authority for the may, and this <br /> Council dean= to do so in order to promote certain econornic, commercial, <br /> development r objectives. <br /> 1.01 This Council the ancencesomeat and bounced support of economic <br /> development and radamfigensmt in the City 16 Vital to the orderly development and is in the best i-a -r R, <br /> ngeneral welfire of the residentsCiti <br /> 1.03. The City ban causes notice of n public hearing on the establishment of an economic <br /> dowdopearod authority to be published as the Quad Gzaaressly Prese,a newspaper of Bracral onvuhumn <br /> in the City,Oam each Wedit for two consecutive weeks(June <br /> , u proposal m <br /> 2 17) punmeat to such <br /> non <br /> all persons dca'looks <br /> „ to present their oral or mvitter,ocancents on the ;, al reass given an opportunity <br /> to do so. <br /> SwOon2. <br /> wwwwwwwwv xx�xxxx����x����xnv�� �xxxxxxxxxxxxx�.xxv <br /> 2.01. Purmu& n r rauthority for the <br /> City to be known as the Economic Davolopment Authority of the City of CwAcsvipc, Mirzoraft (the <br /> 6 <br /> be governed by n board of concesissionarsconsisting of five members, <br /> two of whom shall be members of this C n initial . . the City§ <br /> The n § - g the followinga terms:one for <br /> these(3)years,one five . Thereafter, - <br /> cormansuesers successom am appointed and qualific&Ike ran= of <br /> the Council members sermag as EDA commissumaso WWI cousside with their respective terms of chdre <br /> on this Council. Each commissioner of the HDA who is n member of this Council shall mose to be a <br /> consmismom oflective at such time as he or she is no brain a member i Counsel, and n sucemeer <br /> commissioner i prosuant to the Act to saw the wonabutor of the applicuble y <br /> so vacate& <br /> Section 1 PLATM <br /> 101. The EDA shall have all powers given to an economic authority pursuant <br /> n as n may be amended or time, including the powers of <br />