HomeMy WebLinkAboutJune 21, 2016 EDA
CITY OF SHAKOPEE, MINNESOTA
RESOLUTION NO.16-4
RESOLUTION APPROVING REVISED BUSINESS SUBSIDY POLICY
WHEREAS, Minnesota Statutes, Sections 116J.993 through 116J.995 (the "Statutes") require the
adoption of criteria for the granting of business subsidies as defined in the Statutes; and,
Economic Development Authority, City of Shakopee, Minnesota (the “EDA”)
WHEREAS, the
has determined that it is necessary and appropriate to adopt business subsidy criteria pursuant to the
Statutes; and,
WHEREAS, theEDA 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 upon published
notice as required by law,
WHEREAS, the EDApreviously approved Business subsidy criteria on May 15, 2012, and has now
determined to amend and restate the criteria in accordance with requirements of the Business
Subsidy Act.
NOW, THEREFORE, BE IT RESOLVED by the Economic Development Authority, City of Shakopee,
Minnesota, that the business subsidy criteria, contained in Exhibit A of this resolution are hereby
approved, ratified, established, and adopted and shall be placed on file at the City of Shakopee,
Minnesota.
Adoptedby the his 21stday of June,
Economic Development Authority, City of Shakopee, Minnesota t
2016.
___________________________________
President
___________________________________
Executive Director
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Date - Batch (Julian)
Doc #
Project
Obj
Acct #
Description
GRAND TOTAL
Vend #
Total Amount
51.411.81586.523,597.2612,500.00454.80
17,191.80
Ck Date
GL Date
Check TotalCheck TotalCheck TotalCheck TotalCheck TotalCheck Total
Check #
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6/17/2016 8:19:58 AM