00-0009R
RESOLUTION AUTHORIZING AN AGREEMENT TO PARTICIPATE IN TEAM DULUTH IN THE AMOUNT OF $50,000.
BY COUNCILOR NESS:

RESOLVED, that the proper city officials are hereby authorized to enter into an agreement substantially in the form of that on file in the office of the city clerk as Public Document No. ___________________, with the Duluth economic development authority, the Duluth Area Chamber of Commerce, the Duluth airport authority, Minnesota Power & Light Company and the Seaway Port authority of Duluth in the amount of $50,000, payable from Fund 100, Ag. 020, Org. 1202.



STATEMENT OF PURPOSE: The purpose of this resolution is to approve a contract which allows the City to continue its participation in TEAM Duluth in order to coordinate economic development activities with all of the other participants in TEAM Duluth. Under the agreement the city provides financial support to TEAM Duluth in the amount of $50,000, for the period from May 1, 1999 to April 30, 2000.