HomeMy WebLinkAbout88-169 - ADMIN Resolution - City Council - 1988/11/071
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RESOLUTION NO.88-169
RESOLUTION ESTABLISHING THE COMPENSATION AND REIMBURSEMENT
OF THE ECONOMIC DEVELOPMENT AUTHORITY
WHEREAS, the Economic Development Authority of St. Louis Park, Minnesota
was officially established on September 19, 1988 by Resolution
88-134; and
WHEREAS, in accordance with the Economic Development Authority by-laws,
the Economic Development Authority shall hold its regular
meetings the first Monday of each month beginning at 5:00
p.m.; and
WHEREAS, in accordance with Minnesota State Statutes Section 469.097(4),
a commissioner including the president shall be paid for
attending each regular or special meeting of the Authority
in an amount to be determined by the City Council; and
WHEREAS, in accordance with Minnesota State Statutes Section 469.097(4),
all money paid for compensation or reimbursement must be
paid out of the Authority's budget,
NOW, THEREFORE, be it resolved by the City Council of the City of
St. Louis Park that a commission member of the Economic Development
Authority be compensated $100 per meeting and the president be
compensated $150 per meeting, but in no event will commission members be
compensated more than $100 per month nor the president compensated more
than $150 per month.
Adopted by the City Council November 7, 1988
Approved for administration:
iptiai)6--
City Manager
or
a) Aley-A-
.
Approved as to form and execution: