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5.0 EDSR 03-12-2007
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5.0 EDSR 03-12-2007
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City Government
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EDSR
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3/12/2007
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Partnership). Other expenses include: meeting expenses, marketing & <br />promotion, travel, supplies. <br />Becker EDA <br />Structure <br />^ Established 1986 <br />^ Have HRA powers (given when HRA was dissolved in mid-1990's) <br />^ 7 members including 2 members of the City Council, appointed by the Mayor <br />with approval of the City Council <br />^ Staggered terms initially; then 6-year terms <br />Functions, Powers and Duties <br />^ Hire staff, public accountant and consultants to perform duties and exercise <br />powers <br />^ Purchase materials and supplies needed to carry out functions <br />^ Use the services of the City Attorney and City's purchasing department <br />^ Create & define the boundaries of an Economic Development District <br />^ Be a limited partner in a partnership, consistent with the purposes of the <br />Authority <br />^ May study and analyze economic development needs of the City and ways to <br />meet those needs <br />^ May "carry out the law on economic development districts to develop and <br />improve the lands in an economic development district to make it suitable and <br />available for economic development uses and purposes. In general, with <br />respect to an economic development district, the Authority may use all of the <br />powers given an economic development authority by law." <br />^ May join trade associations; hold receptions of officials who may contribute to <br />advancing the City and carry out other appropriate public relations activities to <br />promote the city and its economic development. <br />^ Must follow the budget process for City departments <br />^ Must be consistent with the comprehensive plan <br />^ Must submit its administrative structure and management practices to the City <br />Council for approval <br />Limitations of Power <br />^ May not exercise any specific powers contained in the Act, Minn. Stat. 462 <br />and 472A without the prior approval of the City Council <br />^ Sale of all bonds issued by the Authority, must be approved by the City <br />Council before issuance <br />Budget <br />2006 budget - $175,400. Primary expenditures are staff, taxes and <br />assessments, tax abatement and EDA subsidies. Other expenses include: <br />membership dues, professional development & conferences, marketing, <br />contracted services, legal & contracted services. <br />4 <br />
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