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HomeMy WebLinkAbout89-11 - ADMIN Resolution - Economic Development Authority - 1989/08/07RESOLUTION EDA -11 RESOLUTION APPROVING A BUDGET FOR THE ECONOMIC DEVELOPMENT AUTHORITY FOR THE YEARS 1989-1990 WHEREAS, Minnesota Statute Chapter 469.101 requires that the Economic Development Authority prepare a budget which includes the amount of money required from the City to do Authority business and to transmit that budget to the City Council; and WHEREAS, proposed budgets for the years 1989 and 1990 have been prepared and forwarded to the Economic Development Authority for its review; and WHEREAS, the Economic Development Authority has reviewed the proposed budgets for the years 1989 and 1990 and found them to be acceptable. NOW THEREFORE be it resolved by the St. Louis Park Economic Development Authority Board of Commissioners as follows: 1. That the proposed 1989 and 1990 budgets are hereby approved as presented. 2. That staff is hereby directed to transmit the adopted budgets to the St. Louis Park City Council. Adopted by the St. Louis Park Economic Development on August 7, 1989 homas Dufl3rWresident Attest: Itl''I ejlX I William C. Dixon, Director