HomeMy WebLinkAbout07-104 - ADMIN Resolution - City Council - 2007/10/01RESOLUTION NO. 07-104
SETTING THE COMPENSATION AND REIMBURSEMENT
OF THE COMMISSIONERS 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 Authonty shall hold its regular meetings the first Monday of each
month; 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 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 to set the compensation and reimbursement of the Commissioners of the Economic
ment Authority continue at an annual salary of $4,299 and the President at an annual
alary, r: . uced to the same level as EDA Commissioners to $4,299, effective January 1, 2008.
Revi es fo Administration:
Ado
City
or
by the Ci Council October 1, 2007
Attest:
erk