HomeMy WebLinkAbout98-82 - ADMIN Resolution - City Council - 1998/06/02i
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RESOLUTIONf/: 98 - 82
RESOLUTION OF THE CITY OF ST. LOUIS PARK
TO SPONSOR AN APPLICATION TO THE DEPARTMENT OF TRADE AND
ECONOMIC DEVELOPMENT, MINNESOTA INVESTMENT FUND ON BEHALF OF
THE LINCOLN BAKING COMPANY.
BE IT RESOLVED that City of St. Louis Park act as the legal sponsor for project contained in
the Business and Community Development Application to be submitted on June 3, 1998 and that
the Mayor and City Manager are hereby authorized to apply to the Department of Trade and
Economic Development for funding of this project on behalf of The Lincoln Baking Company.
BE IT FURTHER RESOLVED that the City of St. Louis Park has not incurred any costs and has
not entered into any written agreements to purchase property.
BE IT FURTHER RESOLVED that the City of St. Louis Park has not violated any Federal,
State, or local laws pertaining to fraud, bribery, kickbacks, collusion, conflict of interest or other
unlawful or corrupt practice.
BE IT FURTHER RESOLVED that upon approval of its application by the state, the City of St.
Louis Park, may enter into an agreement with the State of Minnesota for the above -referenced
projects, and that the City of St. Louis Park certifies that it will comply with all applicable laws
and regulations as stated in all contract agreements and described on the Compliances Section
(FP -20) of the Business and Community Development Application.
BE IT FURTHER RESOLVED that the City of St. Louis Park has obtained credit reports and
credit information from government and private credit reporting agencies and the Lincoln Baking
Company and. Upon review by the City of St. Louis Park and the City's and Economic
Development Authority's legal counsel, no adverse findings or concerns regarding, but not limited
to, tax liens, judgments, court actions, and filings with state, federal and other regulatory agencies
were identified. Failure to disclose any such adverse information could result in revocation or
other legal action.
NOW, THEREFORE BE IT RESOLVED that the Mayor and City Manager, or their successors
in office, are hereby authorized to execute such agreements, and amendments thereto, as are
necessary to implement the project on behalf of the applicant.
I CERTIFY THAT the above resolution was adopted by the City Council of the City of St. Louis
Park on June 2, 1998.
Attest -
Reviewed for Administration:
Adopted by the City Council June 2, 1998
Ma ror
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