Title
RESOLUTION APPROVING THE FISCAL YEAR JANUARY 1, 2024 TO DECEMBER 31, 2024 BUDGETS OF THE DULUTH ECONOMIC DEVELOPMENT AUTHORITY.
Body
CITY PROPOSAL:
RESOLVED, that the DEDA operating fund, debt service fund, capital projects fund attached in Exhibit A are hereby approved.
Statement of Purpose
STATEMENT OF PURPOSE: This resolution adopts the various DEDA budgets for fiscal year 2024. The DEDA adopted the DEDA budgets at its October 25, 2023 meeting. The DEDA budget includes the council’s strong recommendation to allocate proceeds from the Cirrus Incubator Building according to resolution 23-0758R.