BY COUNCILOR GILBERT:
RESOLVED, that pursuant to the requirements of Resolution No. 02-0606, the Duluth economic development authority's (DEDA) amended and restated operating and revenue participation agreement pertaining to the operation and allocation of revenues of the Great Lakes Aquarium approved pursuant to DEDA Resolution No. 04D-12, a copy of which is on file in the office of the city clerk as Public Document No. _________, is hereby approved, contingent upon the approval of the Minnesota department of administration and/or the Minnesota department of finance.
STATEMENT OF PURPOSE: The purpose of this resolution is to approve the action of the DEDA board of commissioners pursuant to its Resolution 04D-12 as is required by Resolution 02-0606. The nature and purpose of the amended and restated operating and revenue participation agreement are set forth in DEDA Resolution No. 04D-12 and its statement of purpose.