HomeMy WebLinkAbout1991-020 EDAR1
Commissioner Celia Scott
resolution and moved its adoption:
August 12, 1991
EDA RESOLUTION NO. 91 -20
RESOLUTION CREATING FUNDS WITHIN THE ECONOMIC
DEVELOPMENT AUTHORITY
introduced the following
WHEREAS, Section 7.11 of the City Charter does provide the
City Council with the authority to order the creation of such funds
as may be needed to properly account for the financial activities of
the City; and
WHEREAS, there now exists within the Brooklyn Center Economic
Development Authority the need to account for more divergent
activities which requires that additional funds be kept to properly
segregate these activities.
NOW, THEREFORE, BE IT RESOLVED by the Economic Development
Authority for the City of Brooklyn Center, Minnesota, that a
classification of funds shall be kept as follows:
1. E.D.A. Special Operating Fund.
2. Earle Brown Heritage Center Fund.
3. Earle Brown Farm Tax Increment District Fund.
Date Prb.s`ident
The motion for the adoption of the foregoing resolution was duly
seconded by Commissioner Jerry Pedlar 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.