BY COUNCILOR STENBERG:01-0714R
RESOLUTION APPROVING DEDA AGREEMENT WITH JAMES E. WILLIAMS PURSUANT TO DEDA RESOLUTION 01D-40.
that pursuant to Resolution No. 99-0239, the agreement between the Duluth
economic development authority (DEDA) and James E. Williams in the amount
of $225,000, payable from DEDA Capital Projects Fund No. 0865/District
#3, as approved by the DEDA board at its meeting of September 18, 2001,
pursuant to DEDA Resolution No. 01D-40, a copy of which is on file in the
office of the city clerk as Public Document No. ___, is hereby approved.
The purpose of this agreement is to acquire property in Oneota III on a voluntary basis and to assist a local business to expand, all as further discussed in the attached DEDA Resolution No. 01D-40 and its statement of purpose.