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HomeMy WebLinkAboutCity Council Resolution 2016-018 CITY OF PLYMOUTH RN.2016-018 ESOLUTION O ERETE NABLING ESOLUTION STABLISHING HE CONOMIC DAOTCOP,M,U EVELOPMENT UTHORITY F HE ITY F LYMOUTH INNESOTA NDER MS,S469.090T469.1082 INNESOTA TATUTES ECTIONS HROUGH BE IT HEREBY RESOLVED by the City Council (the "Council") of the City of Plymouth, Minnesota (the "City"), as follows: 1. Recitals. The City is authorized pursuant to Minnesota Statutes, Sections 469.090 through 469.1082 (the "Economic Development Authority Act"), to establish an economic development authority for the City and the Council desires to do so in order to promote certain economic, commercial, housing, and/or industrial development and redevelopment goals and objectives. The City has caused notice of a public hearing on the establishment by the City of an economic development authority to be published in a newspaper of general circulation in the City once each week for two consecutive weeks, and pursuant to such notice, a public hearing on the proposal has been held by the Council on the date hereof, at which hearing all persons desiring to present their oral or written comments on the proposal were given an opportunity to do so. 2. Establishment of Economic Development Authority. Pursuant to the Economic Development Authority Act, the Council hereby establishes an economic development authority for the City to be known as the Economic Development Authority of the City of Plymouth, Minnesota (the "EDA"). The EDA shall be governed by a board of commissioners thereof consisting of seven members, all of whom shall be members of the Council. Each commissioner of the EDA who is a member of the Council shall cease to be a commissioner effective at such time as he or she is no longer a member of the Council, and a successor commissioner shall be appointed pursuant to the Economic Development Authority Act to serve the remainder of the applicable term so vacated. 3. Powers. The EDA shall have all powers given to an economic development authority pursuant to the Economic Development Authority Act, as the same may be amended or supplemented. The motion for the adoption of the foregoing resolution was made by Councilmember Johnson and duly seconded by Councilmember Willis and upon vote being taken thereon, the following voted in favor thereof: Mayor Slavik, Councilmembers Johnson, Prom, Willis, Carroll, and Wosje. and the following voted against the same: Councilmember Beard. Resolution No. 2016-018 Page 2 of 2 STATE OF MINNESOTA) COUNTY OF HENNEPIN) SS The undersigned, being the duly qualified and appointed City Clerk of the City of Plymouth, Minnesota, certifies that I compared the foregoing resolution adopted at a meeting of the Plymouth City Council on January 12, 2016, with the original thereof on file in my office, and the same is a correct transcription thereof. WITNESS my hand officially as such City Clerk and the Corporate seal of the City this day of , . City Clerk