RES 87-1 City of Elk River
Economic Development Authority
410 for the City of Elk River, Minnesota
Resolution No. 87-1
RESOLUTION APPOINTING OFFICERS OF THE ELK RIVER ECONOMIC
DEVELOPMENT AUTHORITY; APPOINTING AN EXECUTIVE DIRECTOR OF THE
ECONOMIC DEVELOPMENT AUTHORITY AND DELEGATING CERTAIN POWERS TO
THE EXECUTIVE DIRECTOR; DIRECTING THAT BYLAWS AND RULES OF
PROCEDURE BE PREPARED FOR THE ECONOMIC DEVELOPMENT AUTHORITY;
AND REQUESTING THE CITY COUNCIL OF THE CITY OF ELK RIVER TO
LEVY A TAX IN THE AMOUNT OF . 75 MILL TIMES THE ASSESSED
VALUATION OF TAXABLE PROPERTY IN THE CITY FOR THE YEAR 1988,
FOR THE BENEFIT OF THE ECONOMIC DEVELOPMENT AUTHORITY.
WHEREAS, the City Council of the City of Elk River has
adopted an enabling resolution (the Enabling Resolution)
establishing an Economic Development Authority in and for the
City of Elk River pursuant to Minnesota Statutes, § 469 . 090, et
seq. (the Statute) ; and
WHEREAS, the Enabling Resolution provides that the members
of the City Council shall serve as the commissioners of the
Economic Development Authority; and
• WHEREAS, the commissioners of the Economic Development
Authority have convened for the purposes of appointing officers
and an executive director; directing the preparation of bylaws
and rules of procedure; and requesting the City Council to levy
a tax for the benefit of the Authority.
NOW, THEREFORE, BE IT RESOLVED by the Economic Development
Authority in and for the City of Elk River, Minnesota, as
follows :
1 . The Economic Development Authority hereby appoints the
following officers :
President Estelle Gunkel
Vice President Gene Schuldt
Treasurer Jim Tralle
Secretary Harold Dobel
Assistant Treasurer Roger Holmgren
2 . The Economic Development Authority appoints the City
Administrator Executive Director of the Economic
Development Authority; and delegates to the Executive
Director such powers as are necessary to fulfill that
position.
3 . The Authority directs that the Executive Director have
the Authority' s chief legal advisor prepare draft
4111, bylaws and rules of procedure for consideration by the
Authority.
4 . The Authority requests that the City Council for the
City of Elk River levy a tax in the amount of . 75 mill
times the assessed valuation of taxable property in
the City for the year 1988, for the benefit of the
Authority to be used for Economic Development
Authority purposes, as provided in the Statute.
5 . The Authority directs that the Executive Director
schedule the next meeting of the Authority at such
time and place as deemed appropriate, in consultation
with the president of the Authority, and that the
public and commissioners be notified of that meeting.
This Resolution adopted this 7th day of October, 1987, by
the Economic Development Authority, in and for the City of Elk
River.
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Estelle Gunkel, President
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Pat Klaers, Executive Director
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