HomeMy WebLinkAbout97-01 - ADMIN Resolution - Economic Development Authority - 1997/01/21RESOLUTION NO. EDA- 9 7 - 01
RESOLUTION AUTHORIZING
PHASE I OF THE MASTER PLAN STUDY FOR TOWN CENTER EAST
AND THE TRANSFER OF TAX INCREMENT FUNDS
TO DEFRAY THE COST OF SAID STUDY
WHEREAS, the St. Louis Park Economic Development Authority (EDA) desires to have
the City of St. Louis Park undertake Phase I of the Master Plan study for Town Center East to
take advantage of the City's expertise and staff resources to complete said study in a timely and
cost-efficient manner; and
WHEREAS, the EDA has allocated funds in its 1997 budget for such a study.
NOW THEREFORE BE IT RESOLVED that the St. Louis Park Economic Development
Authority formally authorizes Phase I of the Master Plan study for Town Center East and the
transfer to the City of Tax Increment Funds to defray the cost of said study.
Adopted by the St. Louis. Pa(k Economic Development Authority
January 21, 1997 7 1 j 71
ATTEST:
its 7xecutive Directo
9114:GEN68