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HomeMy WebLinkAbout21-27 - ADMIN Resolution - Economic Development Authority - 2021/10/04EDA Resolution No. 21-27 Resolution approving a grant application to the Department of Employment and Economic Development on behalf of the Union Park Flats Whereas, the St. Louis Park Economic Development Authority (Authority) has agreed to act as the legal sponsor for the Project referred to as the Union Park Flats contained in the Contamination Cleanup Grant application submitted to the Department of Employment an d Economic Development (DEED) on or before November 1, 2021; 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 pertaini ng 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 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 1, 2021 for the Union Park Flats 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, October 4, 2021. DocuSign Envelope ID: 7CAD1D6E-0B6C-45F3-B7EF-D8617A1ED8FE EDA Resolution No. 21-27 2 Reviewed for administration: Adopted by the Economic Development Authority October 4, 2021 Karen Barton, executive director Tim Brausen, president Attest: Melissa Kennedy, secretary DocuSign Envelope ID: 7CAD1D6E-0B6C-45F3-B7EF-D8617A1ED8FE