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NOTICE OF PUBLIC HEARING <br /> ON THE PROPOSAL TO ESTABLISH <br /> AN ECONOMIC DEVELOPMENT AUTHORITY <br /> FOR THE CITY OF [NAMEOFCITY],MINNESOTA <br /> Notice is hereby given that the City Council (the "Council') of the City of[NameofCity], <br /> Minnesota, will hold a public hearing on ' [Year], at a meeting of the Council <br /> beginning at approximately p.m., at the [NameofCity] City Hall in the City of <br /> [NameofCity], Minnesota, relating to the question of the establishment by the City of an <br /> economic development authority (the "EDA") pursuant to Minnesota Statutes, Sections 469.090 <br /> through 469.1082. <br /> Following the public hearing the Council will consider an enabling resolution (the <br /> "Enabling Resolution") which would establish the EDA. The Enabling Resolution, a copy of <br /> which is on file and available for inspection in the City offices, would authorize the EDA to <br /> exercise all powers granted to such authorities pursuant to the above-mentioned statutes and <br /> would designate that the EDA would be governed by a five-member Board of Commissioners, <br /> all of whom would be members of the City Council. Upon approval of the Enabling Resolution, <br /> an organizational meeting of the EDA will be held on the same evening. <br /> All interested persons may appear at the public hearing and present their <br /> ,dews orally or in writing. <br /> 36 <br />