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NOTICE OF PUBLIC HEARING ON A PROPOSED ENABLING RESOLUTION <br />TO CREATE AN ECONOMIC DEVELOPMENT AUTHORITY <br />NOTICE IS HEREBY GIVEN that the governing body of <br />the City of Little Canada, Minnesota (the "City ") will meet on <br />Wednesday, November 8, 1989 at 7:30 P.M. at the City Hall in <br />the City of Little Canada, Minnesota, for the purpose of <br />conducting a public hearing on a proposed enabling resolution <br />authorizing the creation of an economic development authority. <br />In 1986, the Minnesota Legislature enacted legislation <br />authorizing cities to establish economic development <br />authorities for the purpose of promoting and assisting <br />economic development and redevelopment, and, in 1988, the <br />Minnesota Legislature enacted legislation authorizing the City <br />of Little Canada to establish an economic development <br />authority. <br />To create an economic development authority, the <br />City must adopt an enabling resolution which must set forth, <br />at minimum, the number of commissioners constituting the <br />economic development authority. <br />The draft enabling resolution establishing an <br />economic development authority for the City (the "Authority ") <br />will provide for the five members of the City Council to be <br />the Commissioners of the Authority and for the Authority to <br />have the ability to exercise all powers available to an <br />Authority, unless otherwise specifically restricted by the <br />City in an amendment to the enabling resolution. A draft copy <br />of the enabling resolution is available for public inspection <br />at the City Hall. All persons interested may appear and be <br />heard at the time and place set forth above. <br />September 27, 1989 <br />BY ORDER OF THE CITY COUNCIL <br />/s/ - <ofrfr,/-6/{Ptw <br />Deputy Clerk <br />Page 1 <br />