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Res 1984 - 73 Authorizing the Execution of a Joint Powers Agreement with the City of Coon Rapids, MN• RESOLUTION NO. 84-73 RESOLUTION AUTHORIZING THE EXECUTION OF A JOINT POWERS AGREEMENT WITH THE CITY OF COON RAPIDS, MINNESOTA BE IT RESOLVED by the City Council of the City of Mendota Heights, Minnesota: 1. The City of Mendota Heights, Minnesota and the City of Coon Rapids, Minnesota are desirous of entering into a joint powers agreement pursuant to Laws of 1984, Chapter 582 for the sharing of entitlement amounts of industrial development revenue bond financing. 2. This Council has received a proposed joint powers agreement (a copy of which is attached hereto as Exhibit A) between the cities for the purpose stated in Section 1, and finds that the execution of such agreement is in the best interests of the City of Mendota Heights. 3. The Mayor and Clerk are authorized and directed to execute the attached agreement on behalf of the City of Mendota Heights which is incorporated herein by reference as if fully rewritten. 4. The Clerk is hereby directed to transmit a certified copy of this resolution to the Clerk of the City of Coon Rapids, Minnesota. Adopted this 16th day of October, 1984. Attest: i✓Za,,%ate/, Clereg CITY OF MENDOTA HEIGHTS, MINNESOTA By A-8en-140e.� Mayor