HomeMy WebLinkAbout09-03 - ADMIN Resolution - Economic Development Authority - 2009/02/17EDA RESOLUTION NO. 09-03
RESOLUTION AUTHORIZING APPLICATION FOR A GRANT FROM
t HENNEPIN COUNTY'S TRANSIT ORIENTED DEVELOPMENT PROGRAM
ON BEHALF OF GRECO DEVELOPMENT
WHEREAS, the St. Louis Park Economic Development Authority is eligible to make
application for grant funds from Hennepin County's Transit Oriented Development Program; and
WHEREAS, the St. Louis Park Economic Development Authority wishes to submit an
application requesting grant funds from the Hennepin County Transit Oriented Development
Program; and
WHEREAS, the grant funds will be used for certain Public Improvement Costs associated
with the proposed Wooddale Pointe redevelopment project at the southeast corner of 36`" Street and
Wooddale Avenue in the City of St. Louis Park; and
WHEREAS, the Hennepin County Transit Oriented Development Program Guidelines
require approval by the governing body of the EDA for submission of a grant application to the
Hennepin County Transit Oriented Development Program; and
WHEREAS, the St. Louis Park Economic Development Authority has the institutional,
managerial and financial capability to ensure adequate project administration for any grant funds
received; and
WHEREAS, the St. Louis Park Economic Development Authority certifies that it will
comply with all applicable laws and regulations as stated in the contract agreements;
NOW, THEREFORE, BE IT RESOLVED that the St. Louis Park Economic
Development Authority, in accordance with Minnesota Statutes 383B.77, subd. 3., supports the
submission of a Transit Oriented Development Program grant application to the Hennepin County
Housing and Redevelopment Authority on or before February 26, 2009 for the proposed Wooddale
Point project and that the President and Executive Director are hereby authorized to apply to the
Hennepin County Transit Oriented Development Program on behalf of the St. Louis Park
Ec o tc Development Authority as well as execute such agreements as are necessary to implement
th proj ct on behalf of the applicant.
Adopted by the Economic Development Authority
February 17, 2009 _
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