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Item No. 3, Attachment A 470 US Bank Plaza Kennedy 200 South Sixth Street Minneapolis MN 55402 & (612) 337-9300 telephone Graven (612) 337-9310 fax http://www.kennedy-graven.com C H A R T E R E D MEMORANDUM TO:City Council,City of Roseville FROM:Martha Ingram,Kennedy & Graven DATE:December 16, 2015 RE:Organizational Meeting of the Roseville Economic Development Authority ________________________________________________________________________ On January 4, 2016, the newly established Roseville Economic Development Authority (the “EDA”) will hold its inaugural meeting. In order to give direction to City staff on the actions that will be required to enable the EDA to conduct business, I have prepared a suggested transcript of the organizational meeting, which is attached to this memo. Following is a short explanation of the purpose ofseveral of the required steps outlined in the transcript. 1.Election/appointment of President and Secretary pro tem. As you know, the City’s resolution enabling the creation of the EDA, adopted on November 30, 2015, provides that the City Council members shall serve as the EDA’s board of commissioners. Since the EDA is a newly-created political subdivision, the commissioners mustelect temporary leadershipfor the purposeof presiding overthe meeting until the definitive officers can be electedpursuant to the EDA’s by-laws.The by-laws should not be adopted until the EDA’s legal existence and authority to act have been memorialized on the record, so a president pro tem is necessaryin the interim. 2.Records: filing. This is an administrative actionintended to evidence the fact that the Council has taken the steps required by state law to establish the EDA, and that the EDA is thus duly authorized to conduct business.This action should be taken prior to the adoption of EDA by-laws to demonstrate that the EDA has the authority to set and approve such by-laws. 472785v1 MNI RS275-10 1