Resolution 02-06 Amending Development Agreement

BE IT RESOLVED BY THE CITY COUNCIL OF MOUNTAIN IRON, MINNESOTA, as follows:

1. That the Amendment to Development Agreement, the form of which is attached hereto as Exhibit “A” is hereby approved and shall be executed by the Mayor and City Administrator of the City in substantially the form attached but with all such changes therein as may be approved by the officers executing the same, which approval shall be conclusively evidenced by the execution thereof.

2. The City Administrator may take such other action as may be necessary or expedient to facilitate the execution and effectuation of the Amendment to Development Agreement. 

DULY ADOPTED BY THE CITY COUNCIL THIS 23rd DAY OF JANUARY, 2006.