There is hereby created in the city an Economic Development Authority which, subject to the provisions of the enabling resolution of 7-1-1997, and thereafter amended, shall have all of the powers, duties and responsibilities of an Economic Development Authority created pursuant to M.S. §§ 469.001 through 469.047, 469.090 through 469.108 and 469.124 through 469.133, as they may be amended from time to time. It shall be the role and responsibility of the Economic Development Authority to carry out economic and industrial development and redevelopment within the city in accordance with such general policies as may from time to time be established by the Council and pursuant to such by-laws as may be adopted by the authority with approval of the Council.
(Ord. 210, passed - -)