00-0310R

RESOLUTION APPROVING DEDA AGREEMENT WITH LOTUS REALTY SERVICES AND TALLE AND ASSOCIATES, INC. PURSUANT TO DEDA RESOLUTION 00D-22.

BY PRESIDENT GILBERT:

RESOLVED, that, pursuant to City Council Resolution No. 99-0239, the agreement between the Duluth economic development authority (DEDA) and Lotus Realty Services and Talle and Associates, Inc., in the amount of $350,000 as approved by the DEDA board at its meeting of April 25, 2000, pursuant to DEDA Resolution No. 00D-22, a copy of which is on file in the office of the city clerk as Public Document No. ___________________, is hereby approved.


STATEMENT OF PURPOSE: The purpose of this resolution is to approve an agreement between DEDA and Lotus Realty Services and Talle and Associates, Inc., pursuant to the requirements of Resolution 99-0239.

The nature and purpose of the contract and the services to be performed, together with the amount to be paid to the contractor, are set forth in the attached DEDA Resolution No. 00D-22.