HomeMy WebLinkAbout06-08 - ADMIN Resolution - Economic Development Authority - 2006/04/17EDA RESOLUTION NO. 06-08
RESOLUTION APPROVING A GRANT APPLICATION TO THE DEPARTMENT OF
EMPLOYMENT AND ECONOMIC DEVELOPMENT AND APPROVING LOCAL
MATCHING FUNDS ON BEHALF OF REAL ESTATE RECYCLING
WHEREAS, the St. Louis Park Economic Development Authority has agreed to act as the legal
sponsor for the Project referred to as National Lead/Golden Auto site, contained in the
Contamination Cleanup Grant application submitted to the Department of Employment and
Economic Development (DEED) on or before May 1, 2006; and
WHEREAS, the St. Louis Park Economic Development Authority has the legal authority to
apply for financial assistance, and the institutional, managerial, and financial capability to ensure
adequate project administration; and
WHEREAS, the sources and amounts of the local match identified in the application are
committed to the project identified and the advance of such funds is subject to the final approval
of the Economic Development Authority; and
WHEREAS, the St. Louis Park Economic Development Authority has not violated any Federal,
State or local laws pertaining to fraud, bribery, graft, kickbacks, collusion, conflict of interest or
other unlawful or corrupt practice; and
WHEREAS, upon approval of its application by the state, the St. Louis Park Economic
Development Authority may enter into an agreement with the State of Minnesota for the above
referenced Project, and that the St. Louis Park Economic Development Authority certifies that it
will comply with all applicable laws and regulation as stated in all contract agreements;
NOW, THEREFORE, BE IT RESOLVED that the President and Executive Director are
hereby authorized to apply to the Department of Employment and Economic Development for
funding of this project on behalf of the St. Louis Park Economic Development Authority and
execute such agreements as are necessary to implement the Project on behalf of the applicant.
THAT the above resolution was adopted by the St. Louis Park Economic
Authority on April 17, 2006.
for Administration:
Executive Director
Attest
Adopted by the Economic Development
Authority April 17, 2006
Q'
President