Adopt Resolution #11-02-XXX Adopting the 2011 Economic Development Authority Budget and Adopt Resolution #11-02-XXX Amending the 2010 Economic Development Authority Budget.

Attached for your review and consideration is the 2011 Economic Development Authority Budget.  This budget will be funded by the EDA levy that was adopted on December 14, 2010.

 

This budget includes expenditures for salary costs of various levels of city staff, professional services for outside consulting services, allowances for economic development programs and the annual business appreciation day.

 

Also attached to this case is a resolution amending the 2010 activity.  This is primarily a "housekeeping" item and is done on an annual basis.  The projections through the end of the year are based on actual activity and will be finalized after the annual city audit is completed in April.

 

 

Approve attached Resolution #11-02-XXX Adopting the 2011 Economic Development Authority Budget;

 

 

            And

 

Approve attached Resolution #11-02-XXX Amending the 2010 Economic Development Authority Budget.

 

Motion to recommend Council adopt Resolution #11-02-XXX Adopting the 2011 Economic Development Authority Budget

 

          And

 

Motion to recommend Council adopt Resolution #11-02-XXX Amending the 2010 Economic Development Authority Budget.