HomeMy WebLinkAbout20-30 - ADMIN Resolution - Economic Development Authority - 2020/11/02EDA Resolution No. 20-30
Resolution authorizing application for the
Metropolitan Council Tax Base Revitalization Account
on behalf of the Beltline Boulevard Station Site
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 Authority has identified a contamination investigation project within the
city that meet the Tax Base Revitalization Account’s purposes and criteria and are consistent
with and promote the purposes of the Metropolitan Livable Communities Act and the policies
of the Metropolitan Council’s adopted metropolitan development guide; 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 finds that the required contamination investigation will not
occur through private or other public investment within the reasonably foreseeable future
without Tax Base Revitalization Account grant funding; and
Whereas, the Authority agrees to act as legal sponsor for the project contained in the
Tax Base Revitalization Account grant application submitted on November 2, 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 November 2, 2020
Thomas K. Harmening, executive director Rachel Harris, president
Attest:
Melissa Kennedy, secretary
DocuSign Envelope ID: 5B4CA3BF-CAD1-497C-8743-85C5445DE324