RESOLUTION #10-33

Resolution approving JCEDC Investment for FY ’11 in the amount of $7,044.

WHEREAS, the City of Monticello has partnered with the Jones County Economic Development Commission for a number of years, and

WHEREAS, the annual investment amount requested by JCEDC is $7,044, same being unchanged since FY ’05, and

WHEREAS, the Council finds that the relationship by and between JCEDC and the City of Monticello is mutually beneficial and that the City should continue to invest in the JCEDC, and

WHEREAS, the Council finds that the approved FY ’11 budget provides for the City investment in JCEDC in the amount of $7,044.

NOW, THEREFORE, BE IT RESOLVED, by the City of Monticello Council meeting in regular session this 15th day of March, does hereby approve of the requested investment in JCEDC in the amount of $7044 for FY ’11 as presently provided for in the FY ’11 budget.