HomeMy WebLinkAboutResolution 03-EDA173
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RESOLUTION NO. 03-EDA-173
MOUNDS VIEW ECONOMIC DEVELOPMENT AUTHORITY
COUNTY OF RAMSEY
STATE OF MINNESOTA
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 Mounds View Economic Development Authority has determined that it is
necessary and appropriate to adopt business subsidy criteria pursuant to the Statutes; and,
WHEREAS, the Economic Development Authority has performed all the actions required by law
to be performed prior to the adoption and the approval of the proposed business subsidies,
including the holding of a public hearing upon published notice as required by law on May 1 ih,
2003.
NOW, THEREFORE, BE IT RESOLVED, by the Mounds View Economic Development
Authority, Mounds View, 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 City Hall.
The motion for adoption of the foregoing resolution was introduced by Commissioner Gunn
seconded by Commissioner Marty, and upon a vote being taken thereon, the following voted in
favor thereof:
WHEREUPON said resolution was declared duly passed and adopted this 1ih day of May,
2003.
ATTEST:
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James Ericson, Interim Executive Director
(SEAL)