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<br />28 <br />4859-6924-4449\6 <br />authority to the debt service fund of the City, to be used solely to reduce tax levies for <br />bonded indebtedness of the City (Minn. Stat. § 469.092, Subd. 2); <br />3. that the sale of all bonds or obligations issued by the EDA be approved by the City Council <br />before issuance (Minn. Stat. § 469.092, Subd. 3); <br />4. that the EDA follows the budget process for City departments as provided by the City and <br />as implemented by the City Council and Mayor (Minn. Stat. § 469.092, Subd. 4); <br />5. that all official actions of the EDA must be consistent with the adopted comprehensive plan <br />of the City, and any official controls implementing the comprehensive plan (Minn. Stat. <br />§ 469.092, Subd. 5); <br />6. that the EDA submit all planned activities for influencing the action of any other <br />governmental agency, subdivision, or body to the City Council for approval (Minn. Stat. <br />§ 469.092, Subd. 6); <br />7. that the EDA to submit its administrative structure and management practices to the City <br />Council for approval (Minn. Stat. § 469.092, Subd. 7): <br />8. any other limitation or control established by the City Council by the enabling resolution <br />(Minn. Stat. § 469.092, Subd. 8).