|RESOLUTION APPROVING DEDA AGREEMENT WITH JAMES E. WILLIAMS PURSUANT TO DEDA RESOLUTION 01D-40.|
BY COUNCILOR STENBERG:
RESOLVED, 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 October
1, 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
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 DEDA Resolution No. 01D-40 and its statement of purpose.