§ 2-162. Enabling resolution

(a) The economic development authority of the city (EDA) is hereby established. The EDA is a public body corporate and politic and a political subdivision of the state.

(b) The EDA has all the powers and duties set forth in Minn. Stats. §§ 469.091 through 469.108, and other applicable laws, except as limited by this resolution.

(c) The EDA shall consist of a governing body of five commissioners.

(d) Those commissioners initially appointed shall be appointed for terms expiring on the January 31 in the years 2008, 2009, 2010, 2011, and 2012 respectively. Thereafter all commissioners shall be appointed for six year terms. A vacancy is created in the membership of the commission when a city councilmember of the authority ends his council membership.

(Res. No. 2006-107, § 2, 8-2-2006; Ord. No. 2006-107, § 2, 8-2-2006)

refstatelaw

Members of authority, Minn. Stats. § 462.095.