HomeMy WebLinkAbout25-27 - ADMIN Resolution - Economic Development Authority - 2025/10/20
EDA Resolution No. 25-27
Authorizing application for the Hennepin County ERF grant on behalf of the
Beltline Station Development project
Whereas, the St. Louis Park Economic Development Authority (authority) is eligible to
make application for grant funds from the Hennepin County Environmental Response Fund
(ERF); and
Whereas, the grant funds will be used for the Beltline Station Development project
located at the corner of Beltline Boulevard and Highway 7 in the City of St. Louis Park; and
Whereas, the State Statute which created the Environmental Response Fund requires
approval by the governing body of the EDA for submission of a grant request to the Hennepin
County Environmental Response Fund; and
Whereas, the authority has the institutional, managerial, and financial capability to
ensure adequate project administration; and
Whereas, upon approval of its application, the authority may enter into an agreement
with Hennepin County for the above referenced project, and that the authority certifies that it
will comply with all applicable laws and regulations as stated in the contract agreements; and
Now, therefore, be it resolved that the president and executive director are hereby
authorized to apply to the Hennepin County ERF grant on behalf of the authority; and
Be it further resolved that the president and executive director are hereby authorized
to execute such agreements necessary to receive the grant and implement the project (the
grant agreement”) and to carry out, on behalf of the authority, the authority’s obligations
thereunder when all conditions precedent thereto have been satisfied; and
Be it further resolved that the authority to approve, execute and deliver future
amendments to the grant agreement entered into by the authority is hereby delegated to the
president and executive director, subject to the following conditions: (a) extend deadlines,
amend the project budget and scope, or do not materially adversely affect the interests of the
authority; and (b) such amendments or consents do not contravene or violate any policy of the
authority. The execution of any instrument by president and executive director shall be
conclusive evidence of the approval of such instruments in accordance with the terms hereof.
In the event of absence or disability of the president and executive director any of the
documents authorized by this resolution to be executed may be executed without further act or
authorization of the board by any member of the board or any duly designated acting official,
or by such other officer or officers of the authority as, in the opinion of the city attorney, may
act in their behalf.
Docusign Envelope ID: 1D703C1B-922B-425D-9EBC-2E5CEC90FD50
Reviewed for administration:
____________________________________
Karen Barton, executive director
Attest:
____________________________________
Melissa Kennedy, secretary
Adopted by the Economic Development
Authority October 20, 2025:
____________________________________
Sue Budd, president
Docusign Envelope ID: 1D703C1B-922B-425D-9EBC-2E5CEC90FD50