HomeMy WebLinkAbout1996-005 EDARKathleen Carmody
Commissioner introduced the following resolution and moved its adoption:
February 12, 1996
EDA RESOLUTION NO. 96 -05
RESOLUTION DESIGNATING AN ADDITIONAL DEPOSITORY OF EDA FUNDS
WHEREAS, Section 7.01 of the City Charter provides the Economic Development
Authority Commission with authority over EDA funds, including the safekeeping and
disbursement of public moneys; and
WHEREAS, the EDA will receive lower rates on the processing of credit card
transactions at the Earle Brown heritage Center by changing the provider of these services.
NOW, THEREFORE, BE IT RESOLVED by the Economic Development Authority in
and for the City of Brooklyn Center, Minnesota, that the list of authorized depositories
established in EDA Resolution 96-02 is amended to include Transglobal Systems, Inc. and Old
Kent Bank Trust Company.
Date President a
The motion for the adoption of the foregoing resolution was duly seconded by Commissioner
Kristen Mann and upon vote being taken thereon, the following voted in favor thereof:
Myrna Kragness, Kristen Mann, Debra Hilstrom, and Kathleen Carmody;
and the following voted against the same: none,
whereupon said resolution was declared duly passed and adopted.