1999 HRA Resolution 0740
HRA RESOLUTION NO. 740
RESOLUTION AUTHORIZING THE ADOPTION OF CRITERIA
FOR PROVIDING BUSINESS SUBSIDIES
WHEREAS,
the Housing and Redevelopment Authority (HRA) in and for the City
of Richfield, Minnesota, as part of its operations, provides economic assistance to
individuals who are engaged in the development and redevelopment of land within the
HRA’s area of operation; and
WHEREAS,
pursuant to legislation enacted this year by the State of Minnesota,
(“Business Subsidy Act”), the HRA is required to adopt criteria for awarding business
subsidies prior to granting such assistance; and
WHEREAS,
the Business Subsidy Act further provides that the adoption of
criteria must be preceded by a public hearing on the matter; and
WHEREAS
, a public hearing has been held after proper public notice.
NOW THEREFORE, BE IT RESOLVED
by the Housing and Redevelopment
Authority in and for the City of Richfield, Minnesota as follows:
1.A public hearing on the adoption of business subsidy criteria has been held before
the HRA on November 15, 1999 at 7:00 p.m. in the City Council Chambers at the
Richfield City Hall located at 6700 Portland Avenue South, Richfield, Minnesota.
2.The Business Subsidy Criteria are adopted.
Adopted by the Housing and Redevelopment Authority in and for the City of
Richfield, Minnesota this 15th day of November, 1999.
Thomas E. Harms, Chair
ATTEST:
Michael Sandahl, Secretary
JBD-169407
RC125-1