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HomeMy WebLinkAbout2020-033 CCRMember Ryan introduced the following resolution and moved its adoption: RESOLUTION NO. 2020-033 RESOLUTION ADOPTING A POLICY AND CRITERIA FOR GRANTING BUSINESS SUBSIDIES WHEREAS, The City of Brooklyn Center, Minnesota has determined that it is necessary and appropriate to adopt a business subsidy policy and criteria pursuant to the Statutes; and WHEREAS, Minnesota Statutes, Sections 116J.993 through 116J.995 (the "Statutes") require the adoption of a policy and criteria for the granting of business subsidies as defined in the Statutes; and, WHEREAS, The City has performed all actions required by law to be performed prior to the adoption and approval of the proposed business subsidies, including the holding of a public hearing on February 24, 2020 upon published notice as required by law on February 13, 2020. BE IT RESOLVED By the City Council (the "Council") of the City of Brooklyn Center, Minnesota (the "City") as that the business subsidy policy and criteria, contained in Exhibit A of this resolution are hereby approved, ratified, established, and adopted and shall be placed on file at City Hall. BE IT FURTHER RESOLVED by the Council that the City Manager is authorized and directed to file a copy of the business subsidy criteria, along with annual reports, to the Minnesota Department of Employment and Economic Development, pursuant to the Statutes. February 24, 2020 Date ATTEST: I l &,A' City Clerk Mayor The motion for the adoption of the foregoing resolution was duly seconded by member Lawrence -Anderson and upon vote being taken thereon, the following voted in favor thereof: Graves, Lawrence -Anderson, Ryan and the following voted against the same: Butler, Elliott whereupon said resolution was declared duly passed and adopted. RESOLUTION NO. 2020-033 "Exhibit A"