Resolution Number 05-11 Fund Protection

RESOLUTION NUMBER 05-11

DOUGLAS J. JOHNSON ECONOMIC PROTECTION TRUST FUND

WHEREAS, the Douglas J. Johnson Economic Protection Trust Fund was created to maximize and strengthen Minnesota’s economy, and

WHEREAS, the economic future of Northeastern Minnesota and all of Minnesota depends on the Douglas J. Johnson Economic Protection Trust Fund for economic development in Northeaster Minnesota.

NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF MOUNTAIN IRON, MINNESOTA, that the City of Mountain Iron implores that the State of Minnesota not use the Douglas J. Johnson Economic Protection Trust Fund to solve the State of Minnesota’s budget problems.

Duly adopted by the City Council this 4^th day of APRIL, 2011.

                                                           _______________________________

                                                            Mayor Gary Skalko

ATTEST:

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City Administrator