HomeMy WebLinkAbout24-12 - ADMIN Resolution - Economic Development Authority - 2024/08/05EDA Resolution No.24 -12
Authorizing application for a grant from Hennepin County's environmental
response fund on behalf of Greater Metropolitan Housing Corporation for its
affordable owner-occupied twin home project
Whereas,the St.Louis Park Economic Development Authority is eligible to make
applications for grant funds from Hennepin County's Environmental Response Fund;and
Whereas,Greater Metropolitan Housing Corporation or an affiliate thereof or an entity
related thereto (the "developer")is submitting an application to the Minnesota Brownfield gap
financing program through Hennepin County's Environmental Response Fund (the "ERF");and
Whereas,the developer intends that grant funds will be used for environmental review in
connection with the affordable owner-occupied twin home project at 5639,5643,5647 and 5707
Minnetonka Boulevard in the City of St.Louis Park (the "project");and
Whereas,the authority understands that grants funded through the ERF are intended to
fund a portion of the costs of environmental cleanup of brownfield properties;and
Whereas,Minnesota Statutes,Section 383B.81 requires a resolution authorizing the
application from the governing body of the municipality where the project is located;and
Whereas,this resolution shall neither serve to endorse the project nor operate as a
substitute for any other required city approvals required for the project,,
Now,therefore,be it resolved that the St.Louis Park Economic Development Authority
supports the request by the developer for an ERF grant through the Hennepin County
Department of Environmental Services to finance a portion of the costs associated with
environmental remediation of the proposed project.Authority staff is authorized to submit all
documents necessary in connection with the developer's application.
Adopted by the Economic Development"Lynette Dumalag,president