06-06-1994 EDA - Laserfiche WebLink

Home Browse Search

JOINT AND COOPERATIVE AGREEMENT • NORTH METRO BUSINESS RETENTION AND DEVELOPMENT COMMISSION The parties to this agreement are governmental units of the State of Minnesota. This agreement is made and entered into pursuant to Minnesota Statutes, 1990, Sections 471.59 and 469.101. sd.5. ARTICLE I. GENERAL PURPOSE The general purpose of this agreement is to create an organization by which the parties may jointly and cooperatively provide for the data collection and analysis, development of strategic recommendations and implementation of marketing and promotional programs for the purpose of economic development job creation and retention of existing businesses pursuant to Minnesota Statutes, Chapter 469. • ARTICLE H. DEFINITIONS Section 1. For purposes of this agreement the terms defined in this Article have the meanings given them. Section 2. "Act" means Minnesota Statutes, 1990, Chapter 469. Section 3. "Agreement" means this agreement. Section 4. "Board" means the Board of Directors created by Article III. Section 5. "Director" means a director or alternate director appointed under Article III of this agreement. Section 6. "Governing body" means the City Council or other governing body of a member. Section 7. "Governmental unit" means a home rule city, a statutory city, a housing and redevelopment authority, or an economic development authority. Section 8. "Member" means a governmental unit which is a party to this agreement and is in compliance with and in good standing under this agreement. Section 9. The "North Metro Business Retention and Development Commission" (RDC) IIImeans the organization established by this agreement.