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HomeMy WebLinkAbout16-11 - ADMIN Resolution - Economic Development Authority - 2016/05/02ST. LOUIS PARI{ ECONOMIC DEVELOPMENT AUTHORITY RESOLUTION NO. 16-11 RESOLUTION AUTHORIZING APPLICATION FOR A GRANT FROM HENNEPIN COUNTY'S ENVIRONMENTAL RESPONSE FUND ON BEHALF OF PARKWAY 25 WHEREAS, the St. Louis Park Economic Development Authority is eligible to make application for grant funds from Hennepin County's Environmental Response Fund; and WHEREAS, the grant funds will be used for environmental clean-up of Parkway 25 site located at 4001 County Road 25 and 4025 Highway 7 in the City of St. Louis Park; and WHEREAS, the State Statute which created the Environmental Response Fund requires approval by the governing body of the EDA for submission of a grant request to the Hennepin County Environmental Response Fund; and WHEREAS, the St. Louis Park Economic Development Authority has the institutional, managerial and financial capability to ensure adequate project administration for any grant funds received; and WHEREAS, the St. Louis Park Economic Development Authority certifies that it will comply with all applicable laws and regulations as stated in the contract agreements; and WHEREAS, the St. Louis Park Economic Development Authority agrees to act as legal sponsor for the project contained in the Environmental Response Fund grant application to be submitted on or before May 2, 2016; NOW, THEREFORE, BE IT RESOLVED that the City of St. Louis Park Economic Development Authority supports Parkway 25 project, for which an Environmental Response Fund grant application is being submitted for program eligible activities, and that the President and Executive Director are hereby authorized to apply to Hennepin County for an Environmental Response Fund grant on behalf of the St, Louis Park Economic Development Authority on or before May 2, 2016 and execute such agreements as are necessary to implement the project on behalf of the applicant. JiDwedx dministration: Adopted by the Economic Development Authority May 2, 2016 l� Thom ening, Executive Director Anne Mavity, President Attest: LQ Meli rsa Kenn dy, gecretary