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HomeMy WebLinkAboutResolution 23-127 CITY OF LINO LAKES RESOLUTION NO. 23-127 APPROVING EXTENSION OF ANOKA COUNTY REGIONAL ECONOMIC DEVELOPMENT MEMORANDUM OF UNDERSTANDING WHEREAS, the County of Anoka, Connexus Energy, Metro North Chamber of Commerce, and Participating Municipalities of Anoka County signed a Memorandum of Understanding (MOU) for the purpose of developing and implementing an economic development action plan; and WHEREAS, the original 5-year term of the 2019 Memorandum of Understanding will expire on January 10, 2024, or upon the determination by the Executive Committee that the Final Action Plan had been fully implemented. WHEREAS, the parties are engaged in active strategic planning efforts with multiple studies and projects in process; and WHEREAS, the parties find that the economic development purposes served by the 2019 Memorandum of Understanding warrant extending the 2019 Memorandum of Understanding for an additional one-year period. NOW,THEREFORE, BE IT RESOLVED by the City Council of Lino Lakes, Minnesota that the extension of the MOU is hereby approved and the Mayor and City Clerk are hereby authorized to execute the agreement on behalf of the City. Adopted by the City Council of the City of Lino Lakes this 11th day of December, 2023. <71 /i4tl-n Rob Rafferty, Mayor ATTEST: Jolleen Chaika, City Clerk