92-33CITY OF OTSEGO
COUNTY OF WRIGHT
STATE OF MINNESOTA
RESOLUTION NO. 92-33
RESOLUTION ESTABLISHING AN ECONOMIC DEVELOPMENT AUTHORITY
FOR THE CITY OF OTSEGO
THE 14TH-__ DAY OF -Uptember- j, 1992
WHEREAS, the City Council of the City of Otsego recognizes the need
for economic development within the City; and
WHEREAS, the City Council of Otsego desires.to encourage, attract,
promote and develop economically sound industry and commerce within
the City; and
WHEREAS, such economic development will enhance the community and
the economic welfare of the citizens of the City of Otsego; and
WHEREAS, the above said economic development requires the
encouragement of the City and assistance in making suitable land
available for development; and
WHEREAS, the above said economic development requires control by
the City to prevent conflicts with the City of Otsego Comprehensive
Plan and the desired orderly development of the City; and
WHEREAS, the establishment of an economic development authority
will promote and enhance the above said economic development; and
WHEREAS, a notice of public hearing to consider the need for an
economic development authority was duly published in the
Elk River Star News once a week for two weeks on
September , and Sept.16.1992 and
WHEREAS, a public hearing was held on Sgg 14,19 and all
concerned members of the public were heard; and
WHEREAS, the City Council has considered the comments -made at the
hearing and the facts presented there;
W
NOW, THEREFORE, BE IT RESOLVED that the Otsego City Council hereby
establishes an Economic Development Authority to be known as the
Otsego Economic Development Authority. The Otsego Economic
Development Authority shall be established in the form and shall
and operate with the powers established in the attached document
titled "Governing Resolution, City of Otsego Economic Development
Authority" and that said document is incorporated herein and made
part of this resolution.
By order of the City Council of the City of Otsego.
ATT ST
J, .E Perrau t, City -Clerk
CITY OF OTSEGO
U
No Freske, Mayor
CITY OF OTSEGO
COUNTY OF WRIGHT
STATE OF MINNESOTA
A RESOLUTION ESTABLISHING SALARIES
FOR COMMISSIONERS OF THE OTSEGO.
ECONOMIC DEVELOPMENT AUTHORITY
WHEREAS, the City of Otsego has duly established an Economic
Development Authority by resolution passed on the 14TH day of
September , 1992; and
WHEREAS, the Otsego Economic Development Authority must meet and
establish bylaws, a depository, a budget and address various
other matters; and
WHEREAS, the time required of the Commissioners in performing
their duties has been considered; and
WHEREAS, this Council has considered the salary level that would
represent fair compensation for that time and meet the budgetary
restraints of the City;
NOW THEREFORE BE IT RESOLVED, that the salary for the
Commissioners of the Otsego Economic Development Authority be set
in the following amounts:
1. President: $ 25_- 00 per meeting and all
justifiable and necessary expenses incurred per the
business of the Authority.
2. Vice President: $ 25 . 00 per meeting and all
justifiable and necessary expense is ncurred performing the
business of the Authority.
3. Commissioners: $ 25 . 00 per meeting and all
justifiable and necessary expenses incurred performing the
business of. the Authority.
BE IT FURTHER RESOLVED that the Board of Commissioners of the
Otsego Economic Development Authority shall set the salary to be
paid to the Treasurer, Assistant Treasurer and Secretary for
performance of their duties outside of regular meetings, subject
to approval by the City Council.
Passed this 12tkiay of October , 1992 by the Otsego
City Council.
Norman Freske, Mayor
ATT ST: Norman F Freske, Mayor
Je ome Perra lt, city- Clerk
CITY SEAL