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JUN 18 '99 02.03PM EHLERS & RSSOCIATES <br />CITY OF LITTLE CANADA, MINNESOTA <br />RESOLUTION NO. <br />RESOLUTION CALLING FOR A JOINT PUBLIC HEARING BY THE <br />CITY COUNCLL AND THE ECONOMIC DEVELOPMENT AUTHORITY <br />ON THE ADOPTION OF CRITERIA FOR AWARDING BUSINESS <br />SUBSIDIES. <br />P.9 /9 <br />WHEREAS. the State Legislature has adopted Minnesota Statutes, Sections 1167.993 to 1167.995 <br />(the "Statute ") governing business subsidies granted by cities; and <br />WHEREAS, the City of Little Canada (the "City") and its Economic Development Authority (the <br />"EDA ") fit the definition of "grantor" in the Statute; and <br />WHEREAS, each grantor is required to adopt a set of criteria for awarding business subsidies. <br />NOW, THEREFORE, BE IT RESOLVED by the City Council (the "Council ") for the City of Little <br />Canada, Minnesota (the "City "). as follows: <br />Section 1. Public Ilearinz. The City Council and the Board of Commissioners of the EDA shall <br />jointly meet on Wednesday, August 11, 1999, at approximately 7:30 p.m., to hold a public hearing on the <br />proposed adoption of criteria for awarding business subsidies in accordance with the Statute; and <br />Section 2. Notice of Public Hearing. City staff is authorized and directed to work with Ehlers and <br />Associates, Inc., to prepare the criteria. The City Administrator is authorized and directed to cause notice <br />of the hearing to be published at least once in the official newspaper of the City prior to August 11, 1999, <br />and to place a copy of the proposed criteria on file in the City Administrator's office at City Hall and to make <br />such copy available for inspection by the public. <br />Dated: <br />ATTEST: <br />City Administrator <br />Adopted: <br />Mayor <br />PAGE 258 <br />mwinwolamocanadwrin.AANwadmmul Nc4^ "s smb,Wis.wo <br />