HomeMy WebLinkAbout22-09 - ADMIN Resolution - Economic Development Authority - 2022/04/18EDA Resolution No. 22-09
EDA Resolution of support of an application for a Hennepin
County Business District Initiative (BDI) grant
for the Texa Tonka commercial node
Whereas, St. Louis Park Economic Development Authority (EDA) acknowledges Hennepin
County has authorized approximately $200,000 for an initiative that supports activities to
maximize the potential of main streets and commercial nodes; and
Whereas, the St. Louis Park Economic Development Authority wishes to submit an
application requesting grant funds from the Hennepin County Business District Initiative
Program; and
Whereas, the grant funds will be used for certain facade improvement costs to enhance
the economic vitality of this business district; and
Whereas, the Hennepin County Business District Initiative Program Guidelines require
support by the governing body of the Economic Development Authority for submission of a grant
application to the Hennepin County Business District initiative Program; and
Now therefore be it resolved that the St. Louis Park Economic Development Authority
supports the submission of a Business District Initiative grant application.
It is further resolved that the President and Executive Director are hereby authorized to
apply to Hennepin County for a Business District Initiative grant on behalf of the St. Louis Park
Economic Development Authority and to execute on behalf of the Authority the Agreement and
any documents referenced therein requiring execution by the Authority, and to carry out, on
behalf of the Authority, its obligations thereunder.
It is further resolved that Authority staff and consultants are authorized to take any
actions necessary to carry out the intent of this resolution.
Reviewed for Administration: Adopted by the Economic Development
Authority April 18, 2022
Karen Barton, executive director Margaret Rog, president
Attest:
Melissa Kennedy, secretary
DocuSign Envelope ID: 2B678B39-EA1A-42F2-AC8C-72D476C6304C