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RESOLUTION NO. <br />RESOLUTION CALLING FOR A PUBLIC HEARING ON THE <br />PROPOSED ADOPTION OF BUSINESS SUBSIDY CRITERIA <br />WHEREAS, the State Legislature has adopted Minnesota Statutes, Sections 1167.993 to <br />1167.995 (the "Statutes ") governing business subsidies granted by units of government; and <br />WHEREAS, the City of Little Canada (the "City ") fits the definition of "grantor" in the <br />Statutes; and <br />WHEREAS, a grantor is required to adopt a set of criteria for awarding business <br />subsidies. <br />NOW, THEREFORE, BE IT RESOLVED by the City Council (the "Council ") for the <br />City of Little Canada, Minnesota, as follows: <br />Section 1. Public Hearing. The Council shall meet on October 27, 1999, at <br />approximately 7:30 p.m., to hold a public hearing on the proposed adoption of criteria for <br />awarding business subsidies in accordance with the Statutes; and <br />Section 2. Notice of Public Hearing. City staff is authorized and directed to work with <br />Ehlers and Associates, Inc., to prepare the criteria. The City Administrator is authorized and <br />directed to cause notice of the hearing to be published at least once in the official newspaper of <br />the City not later than 10 days prior to October 27, 1999, and to place a copy of the proposed <br />criteria on file and to make such copy available for inspection by the public. <br />Dated: September 22, 1999 <br />Mayor <br />Page 83 <br />ATTEST: <br />City Administrator <br />