BY PRESIDENT GILBERT:00-0558R
RESOLUTION AUTHORIZING AN AGREEMENT TO PARTICIPATE IN TEAM DULUTH IN THE AMOUNT OF $33,333.
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, Inc., and the Seaway Port authority of Duluth in the amount of $33,333,
payable from Fund 100, Ag. 020, Org. 1202.
Last year's agreement called for contributions by DEDA and the city in the amount of $50,000 each for a 12 month period from May 1, 1999, until April 30, 2000. This year's agreement calls for contributions by DEDA and the city in the amount of $33,333 each, which is the same monthly amount as last year.