HomeMy WebLinkAbout20-27 - ADMIN Resolution - Economic Development Authority - 2020/11/02EDA Resolution No. 20-27
Resolution approving a grant application to the
Department of Employment and Economic Development
on behalf of the Parkway Residences
Whereas, the St. Louis Park Economic Development Authority (Authority) has agreed to
act as the legal sponsor for the Project referred to as the Parkway Residences contained in the
Contamination Cleanup Grant application submitted to the Department of Employment and
Economic Development (DEED) on or before November 2, 2020; and
Whereas, that the city of St. Louis Park is located within the seven-county metropolitan
area defined in section 473.121, subdivision 2, and is participating in the local housing
incentives program under section 473.254.
Whereas, the 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 Authority; and
Whereas, the Authority has not violated any Federal, State or local laws pertaining to
fraud, bribery, graft, kickbacks, collusion, conflict of interest or other u nlawful or corrupt
practice; and
Whereas, upon approval of its application by the state, the Authority may enter into an
agreement with the State of Minnesota for the above referenced Project, and that the
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 Authority has approved the Contamination
Cleanup grant application submitted to the Department of Employment and Economic
Development (DEED) on November 2, 2020 for the Parkway Residences site.
It is further 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 Authority and execute such agreements as are necessary to implement the
Project on behalf of the applicant.
I certify that the above resolution was adopted by the St. Louis Park Economic
Development Authority on, November 2, 2020.
DocuSign Envelope ID: 5B4CA3BF-CAD1-497C-8743-85C5445DE324
EDA Resolution No. 20-27 2
Reviewed for administration: Adopted by the Economic Development
Authority November 2, 2020
Thomas K. Harmening, executive director Rachel Harris, president
Attest
Melissa Kennedy, secretary
DocuSign Envelope ID: 5B4CA3BF-CAD1-497C-8743-85C5445DE324