HomeMy WebLinkAbout05-11 - ADMIN Resolution - Economic Development Authority - 2005/10/10EDA RESOLUTION NO. 05-11
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 Golden Auto / National Lead site,
contained in the Contamination Cleanup Grant application submitted to the Department
of Employment and Economic Development (DEED) on or before November 1, 2005;
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
evelopment for funding of this project on behalf of the St. Louis Park Economic
De elopment Authority and execute such agreements as are necessary to implement the
Proj ct on behalf of the applicant.
Administration: Adopted by the Economic Development
Ant rity Octob .r 10, 2005
ector President
Attest
�t-f'i vet Secretary