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EDA Agenda 05-16-1989AGENDA MONTICELLO ECONOMIC DEVELOPMENT AUTHORITY Tuesday, May 16, 1989 - 7:00 a.m. City Hall Members: Al Larson, Barb Schwientek, Bob Mosford, Ron Hoglund, Harvey Rendall, Fran Fair, and Warren Smith Staff: Rick Wolfsteller, Jeff O'Neill, and 011ie Koropchak 1. Call to order. 2. Consideration to review the ordinance amendment, the Joint Powers Agreement, and the Greater Monticello Enterprise Fund Guidelines. 3. Consideration to adopt an organizational resolution of the Board of Commissioners of the Economic Development Authority in and for the City of Monticello, Minnesota and appointing officers. 4. Consideration to review and adopt the EDA By -Laws. 5. Consideration to adopt a resolution approving a Joint Powers Agreement and authorizing and directing the President and Secretary to execute same. O 6. Consideration of a notice for the City's joint governmental units meeting. 7. Other Business. B. Adjournment. EDA RESOLUTION 89-1 ORGANIZATIONAL RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE ECONOMIC DEVELOPMENT AUTHORITY IN AND FOR THE CITY OF MONTICELLO, MINNESOTA AND APPOINTING OFFICERS BE IT RESOLVED by the Board of Commissioners (the "Board") of the Economic Development Authority in and for the City of Monticello, Minnesota (the "EDA") as follows: 1. Recitals. All actions required by the applicable provisions of the Economic Development Authorities, Minnesota Statutes, Sections 469.090 to 469.108 inclusive, as amended, have been duly taken in order to create, constitute, and activate the EDA. 2. AQpointment of Officers. in accordance with Minnesota Statutes, Section 469.096, the Board hereby appoints to the following otfices of the EDA the following persons, respectively: President: vice President: Secretary: Treasurer: Assistant Treasurer: 3. Appointment of Executive Director. In accordance with Minnesota Statutes, Section 469.097, Subdivision 1, the Board herebyapp to Me -economic Development Director to be designated as the Executive Director of the EDA. 4. Effective Date. This resolution shall be effective as of the date of the resolution of the Monticello City Council activating the EDA becomes effective. Adopted by the Board of the EDA this day of , 1989. President ATTEST: Secretary EDA RESOLUTION 89-2 A RESOLUTION APPROVING A JOINT POWERS AGREEMENT AND AUTHORIZING AND DIRECTING THE PRESIDENT AND SECRETARY TO EXECUTE SAME WHEREAS, the Economic Development Authority of the City of Monticello did, on the day of , 1989, at a sche u e and duly called meeting, consider and review a "Joint Powers Agreement" dated April 10, 1989; and WHEREAS, said Joint Powers Agreement did provide for the assisting of certain economic development and redevelopment activities of the City of Monticello by and between the City of Monticello, the Housing and Redevelopment Authority of the City of Monticello, and the Economic Development Authority of the City of Monticello; and WHEREAS, the Housing and Redevelopment Authority of the City of Monticello has determined that the execution of the Joint Powers Agreement is in the best interests of the City of Monticello. NOW, THEREFORE, BE IT RESOLVED BY THE ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF MONTICELLO AS FOLLOWS: 1. That the Joint Powers Agreement dated April 10, 1989, is hereby in all respects approved and the President and Secretary are authorized and directed to execute said Joint Powers Agreement. Adopted this 16th day of May, 1989, by the Economic Development Authority of the City of Monticello. President ATTESTED TO BY: Secretary (SEAL)