HomeMy WebLinkAbout20-07 - ADMIN Resolution - Economic Development Authority - 2020/04/20EDA Resolution No. 20-07
Resolution authorizing application for the
Metropolitan Council Tax Base Revitalization Account
on behalf of the Luxe Residential
Whereas, the City of St. Louis Park is a participant in the Livable Communities Act's
Housing Incentives Program for 2020 as determined by the Metropolitan Council, and is
therefore eligible to make application for funds under the Tax Base Revitalization Account; and
Whereas, the St. Louis Park Economic Development Authority (Authority) has identi fied
a clean-up project within the city that meets the Tax Base Revitalization account's purposes and
criteria; and
Whereas, the Authority has the institutional, managerial and financial capability to
ensure adequate project administration; and
Whereas, the Authority certifies that it will comply with all applicable laws and
regulations as stated in the contract agreements; and
Whereas, the Authority agrees to act as legal sponsor for the project contained in the
Tax Base Revitalization Account grant application submitted on May 1, 2020;
Now, therefore, be it resolved that the President and Executive Director are hereby
authorized to apply to the Metropolitan Council for a Tax Base Revitalization Account grant on
behalf of the Authority and to execute such agreements as are necessary to implement the
project on behalf of the applicant.
Reviewed for administration: Adopted by the Economic Development
Authority April 20, 2020
Thomas K. Harmening, executive director Rachel Harris, president
Attest:
Melissa Kennedy, secretary
DocuSign Envelope ID: D2397C4E-4C86-439A-B144-EF8B211E500C