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HomeMy WebLinkAbout11-042 2011 EDA Budget 4646 Dakota Street SE Prior Lake, MN 55372 RESOLUTION 1 1 - 042 RESOLUTION ADOPTING 2011 PRIOR LAKE ECONOMIC DEVELOPMENT AUTHORITY BUDGET Motion By: Soukup Second By: Erickson WHEREAS, The Prior Lake Economic Development Authority adopted its 2011 budget on March 14, 2011; and WHEREAS, Article 10.2 of the EDA bylaws requires that the EDA budget be approved by the Prior Lake City Council. NOW THEREFORE BE IT HEREBY RESOLVE D BY THE CITY COUNCI L OF PRIOR LAKE, , MINNESOTA as follows: 1. The recitals set forth above are incorporated herein. 2. The City Council hereby approves the 2011 budget for the Economic Development Authority Special Revenue Fund in the amount of $55,000 . th APRIL, 2011. PASSED AND ADOPTED THIS 4 DAY OF YES NO Myser X Myser Erickson X Erickson Hedberg X Hedberg Keeney X Keeney Soukup X Soukup ______________________________ Frank Boyles, City Manager