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HomeMy WebLinkAbout1991-006 EDAR1 Commissioner Celia Scott resolution and moved its adoption: EDA RESOLUTION NO. 91 -06 introduced the following RESOLUTION AMENDING THE ECONOMIC DEVELOPMENT AUTHORITY BUDGET FOR THE YEAR 1991 TO PROVIDE FOR AN AMENDED 1991 BUDGET FOR THE EARLE BROWN HERITAGE CENTER INCLUDING CERTAIN CAPITAL OUTLAY ITEMS WHEREAS, Resolution 90 -16 adopted by the Brooklyn Center Economic Development Authority approved the Brooklyn Center Economic Development Authority budget for the year 1991; and WHEREAS, the budget for the Earle Brown Heritage Center is part of the approved 1991 Brooklyn Center Economic Development Authority budget; and WHEREAS, staff has proposed an amended 1991 budget for the Earle Brown Heritage Center which is attached to this resolution; and WHEREAS, Resolution 89 -253 adopted by the Brooklyn Center City Council authorized the City's Finance Director to issue a master note for transfer of funds from the Investment Trust Fund to the Economic Development Authority; and WHEREAS, Council Resolution 89 -253 authorizes the Brooklyn Center Economic Development Authority to borrow funds from the City's Investment Trust Fund for the purchase of capital outlay items for the Earle Brown Heritage Center. NOW, THEREFORE, BE IT RESOLVED by the Economic Development Authority for the City of Brooklyn Center as follows: 1. The 1991 Economic Development Authority Budget is hereby amended by adopting the revised 1991 Earle Brown Heritage Center budget prepared by staff and attached to this resolution. 2. The capital outlay items for the Earle Brown Heritage Center proposed by staff and attached to this resolution are hereby approved and funding for the purchase of these items is to be made available pursuant to Brooklyn Center Council Resolution 89 -253. March 25, 1991 Date Todd Paulson, President EDA Resolution Number 91 -06 The motion for the adoption of the foregoing resolution was duly seconded by Member Philip Cohen and upon vote being taken thereon, the following voted in favor thereof: Todd Paulson, Celia Scott, Jerry Pedlar, Dave Rosene, and Philip Cohen; and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted.