2007-05-23 CC Packet - Laserfiche WebLink

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tervi{{e T.stablislid 1857 18809.1.ainStreet . Centeruifle,!M!N 55038 (651)429-3232 . P~(651)429-8629 STATE OF MINNESOTA COUNTY OF ANOn CITY OF CENTERVILLE RESOLUTION #07-OXX AMENDED AND RESTATED RESOLUTION ESTABLISHING AN ECONOMIC DEVELOPMENT A1JTHORITY BE IT RESOLVED by the City Council of the City of Centerville, Minnesota (City) as follows: Section I Background: Findings. 1.01. The City is authorized by Minnesota Statutes, Chapter 469 (Act) to establish an Economic Development Authority (EDA) to coordinate and admini~ economic development and redevelopment plans and programs of the City. 1.02. It is found and determined by the City Council that the encouragement and financial support of economic development and redevelopment in the City is vital to the orderly development and finanCing of the City and in the best interests of the health, safety, prosperity and general welfare of the citizens of the City. 1.03. It is further found and determined that the economic development and redevelopment of the City can best be accomplished by the establishment of an EDA as authorized. by the Ad. 1.04. The City Council in accordance with the Ad provided public notice and conducted a public hearing on October 25, 2006, concerning the establishing of an EDA at which all persons wishing to be heard expressed their views and Resolution No. 06-046 was adopted on said date, which established the EDA 1.05. The City Council bas in accordance with the Ad provided public notice and conducted a public hearing on May 23, 2007 concerning the Amended and Restated Resolution establishing an EDA at which all persons wishing to be heard expressed their views. Section 2. Enabling Resolution. 2.01. The Economic Development Authority of the City of Centerville (EDA) is hereby established. 2.02. The EDA consists of a governing body of seven coIDIPissioners, five. of whom shall be members of the City Council and serve as Commissioners of the EDA for terms coinciding ~1