85-7098R43
RESOLUTION N0. 7098
RESOLUTION- AUTHORIZING THE EXECUTION
OF A JOINT POWERS AGREEMENT WITH .
THE CITY OF COON RAPIDS
BE IT RESOLVED by the City Council of the City of Richfield:
1. The City of Richfield and the City of Coon Rapids are
desirous of entering into a joint powers agreement pursuant to
Laws 1984, Chapter 582 for the sharing of entitlement amount of
industrial development revenue bond financing.
2. This Council finds that the execution of the agreement
is in the best financial interest of the City of Richfield.
3. The Mayor and City Manager are authorized and directed
to execute the agreement on behalf of the City.
4. The City Manager is directed to transmit a certified
copy of the resolution to the City Clerk of the City of Covn
Rapids.
Passed by the City Council e City Richfield this
28th day of October, 1985. ;~~ r ,//
n ttam,~,etion Mayor
ATTES
,--, ' .
Thomas erber City Clerk