HomeMy WebLinkAbout99-95 - ADMIN Resolution - City Council - 1999/08/16RESOLUTION NO. 99-95
RESOLUTION CALLING FOR A JOINT PUBLIC HEARING BY THE CITY
COUNCIL AND THE ECONOMIC DEVELOPMENT AUTHORITY ON THE
ADOPTION OF CRITERIA FOR AWARDING BUSINESS SUBSIDIES.
WHEREAS, the State Legislature has adopted Minnesota Statutes, Sections 116J 993 to
116J 995 (the "Statute") governing business subsidies granted by cities, and
WHEREAS, the City of St Louis Park (the "City") and its Economic Development
Authority (the "EDA") fit the definition of "grantor" in the Statute, and
WHEREAS, each grantor is required to adopt a` set of criteria for awarding business
subsidies
NOW, THEREFORE, BE IT RESOLVED by the City Council (the "Council") for the
City of St Louis Park, Minnesota, as follows
Section 1 Public Hearing The City Council and the Board of Commissioners of the
EDA shall jointly meet on Monday, October 18, 1999, at approximately 7 30 p m , to hold a
public hearing on the proposed adoption of criteria for awarding business subsidies in
accordance with the Statute, and
Section 2 Notice of Public Hearing City staff is authorized and directed to prepare draft
criteria for review and approval The City Manager is authorized and directed to cause notice of
the hearing to be published at least once in the official newspaper of the City prior to October 18,
1999, and to place a copy of the proposed criteria on file in the City Manager's office at City Hall
and to make such copy available for inspection by the public
Reviewed for Administration
City Manager
Attest
42(e7N-°"--AA'—_
Cit Clerk
Adoptee by th Cit • cil August 16, 1999