HomeMy WebLinkAbout8095 (Res.)
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RESOLUTION
NO. 8095
AN ENABLING RESOLUTION ESTABLISHING AN ECONOMIC
DEVELOPMENT AUTHORITY IN THE CITY OF STILLWATER
THERE IS HEREBY ESTABLISHED in the city of Stillwater
pursuant to the terms of Minnesota statutes 9 469.090 to
9 469.108 an Economic Authority that will hereafter be known as
the stillwater Economic Development Authority.
1. POWERS. The Authority shall have without limitation,
all of the powers of an Economic Development Authority contained
in Minnesota statutes 9 469.090 to 9 469.108; and all of the
powers, without limitation, of a Housing and Redevelopment
Authori ty under Minnesota statutes 9 469.001 to 9 469.047 or
other law, and of a City under Minnesota statutes 9 469.124 to
469.134 or other law.
2. Section Powers Not Limited. The Economic Development
Authority shall have none of the limitations of its powers that
are set forth in Minnesota Statutes 9 469.092.
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3. COMMISSIONERS. The members of the City Council shall
serve as the Commissioners. A vacancy is created in the
membership of the Authority when a City Council member of the
Authority ends Council membership. The term of each Commissioner
shall coincide with the term of office of the member of the City
Council.
Adopted by unanimous vote of the City Council this 6th day
of June' 1989.
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Wally brahamson, Mayor
At est:
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