01-0181R

RESOLUTION APPROVING DEDA'S REIMBURSEMENT TO THE CITY OF DULUTH PURSUANT TO DEDA RESOLUTION 01D-16.

BY COUNCILOR STENBERG:

        RESOLVED, that, pursuant to Resolution No. 99-0239, the reimbursement by Duluth economic development authority's (DEDA's) of the city of Duluth for Baywalk construction expenses related to Buildings D & N in the amount of $365,000, as approved by the DEDA board at its meeting of February 27, 2001, pursuant to DEDA Resolution No. 01D-16, a copy of which is on file in the office of the city clerk as Public Document No.____________, is hereby approved upon the conditions of DEDA Resolution No. 01D-16 being met.



STATEMENT OF PURPOSE:  Pursuant to the requirements of Resolution 99-0239, the purpose of this resolution is to approve DEDA's reimbursement to the city of Duluth for Baywalk construction expenses related to Buildings D & N, as set forth in the attached DEDA Resolution No. 01D-16.