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HomeMy WebLinkAbout05-08 - ADMIN Resolution - Economic Development Authority - 2005/04/18ST. LOUIS PARK ECONOMIC DEVELOPMENT AUTHORITY EDA RESOLUTION NO. 05-08 RESOLUTION AUTHORIZING APPLICATION FOR A GRANT FROM HENNEPIN COUNTY'S ENVIRONMENTAL RESPONSE FUND ON BEHALF OF REAL ESTATE RECYCLING WHEREAS, the St, Louis Park Economic Development Authority is eligible to make application for grant funds from Hennepin County's Environmental Response Fund; and WHEREAS, an application requesting grant funds from the Hennepin County Environmental Response Fund has been prepared for submission by the St. Louis Park Economic Development Authority; and WHEREAS, the grant funds will be used for environmental clean-up of the Golden Auto / National Lead site located at 7003 Lake Street West 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 St. Louis Park Economic Development Authority has the institutional, managerial and financial capability to ensure adequate project administration for any grant funds / received; and l 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; and WHEREAS, the St. Louis Park Economic Development Authority agrees to act as legal sponsor for the project contained in the Environmental Response Fund grant application to be submitted on or before May 2, 2005; NOW, THEREFORE, BE IT RESOLVED that the President and Executive Director are hereby authorized to apply to Hennepin County for an Environmental Response Fund grant on behalf of the St. Louis Park Economic Development Authority s on or before May 2, 2005 and execute yJM,-Rgreements as are necessary to implement the project on behalf of the applicant. Stevie ed for Administration: Adopted by the Economic Development \ Authority April 18, 2005 Executive Director President Attest S retary