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HomeMy WebLinkAbout2001-104 Council ResolutionCouncilmember Reinert introduced the following resolution and moved its adoption: LINO LAKES CITY COUNCIL RESOLUTION NO. 01-104 RESOLUTION ADOPTING BUSINESS SUBSIDY CRITERIA WHEREAS, Minnesota Statutes, Sections 116J.993 through 116J.995 (the "Statutes") require the adoption of criteria for the granting of business subsidies as defined in the Statutes; and WHEREAS, The City Council of the City of Lino Lakes (the "City") has determined that it is necessary and appropriate to adopt business subsidy criteria pursuant to the Statutes; and WHEREAS, The City has performed all actions required by law to be performed prior to the adoption and approval of the proposed business subsidy criteria, including the holding of a public hearing upon published notice as required by law on July 23, 2001. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lino Lakes, Minnesota, that the business subsidy criteria, contained in Exhibit A of this resolution are hereby approved, ratified, established, and adopted and shall be placed on file at the City Hall. Dated: July 23, 2001 Mayor ATTEST: ),4/-•/\, Cler Trea rer The motion for the adoption of the foregoing resolution was duly seconded sy member O'Donnell thereof: and upon vote being taken thereon, the following voted in favor Bergeson, Carlson, Dahl, Reinert and O'Donnell and the following voted against same: None. Whereupon said resolution was declared duly passed and adopted. -- AGENDA ITEM 3B-1 STAFF ORIGINATOR: Al Rolek DATE: 7/23/01 TOPIC: Resolution No. 01-104 adopting the City of Lino Lakes Business Subsidy Policy BACKGROUND: This resolution establishes that the city has met the requirements of the business subsidy law and adopts the City of Lino Lakes Business Subsidy Policy. OPTIONS: 1. Adopt Resolution No. 01-104 2. Do not adopt Resolution No. 01-104 3. Return to staff for further consideration RECOMMENDATION: Option 1