HomeMy WebLinkAbout99-16 - ADMIN Resolution - Economic Development Authority - 1999/10/18EDA RESOLUTION NO. 99-16
ST. LOUIS PARK ECONOMIC DEVELOPMENT AUTHORITY
RESOLUTION AUTHORIZING APPLICATION FOR THE
TAX BASE REVITALIZATION ACCOUNT
WHEREAS, the St. Louis Park Economic Development Authority (EDA) is a
participant in the Livable Communities Act's Housing Incentives Program for 1999 as
determined by the Metropolitan Council, and is therefore eligible to make application for
funds under the Tax Base Revitalization Account; and
WHEREAS, the EDA has identified a clean-up project within the City that meets the
Tax Base Revitalization account's purpose(s) and criteria; and
WHEREAS, the EDA has the institutional, managerial and financial capability to
ensure adequate project administration; and
WHEREAS, the EDA certifies that it will comply with all applicable laws and
regulations as stated in the contract agreements; and
0 WHEREAS, the EDA agrees to act as legal sponsor for the project contained in the
p Tax Base Revitalization grant application submitted on November 1, 1999.
BE IT FURTHER RESOLVED that Charles W. Meyer, Executive Director, is
hereby authorized to apply to the Metropolitan Council for this funding on behalf of the
St. Louis Park EDA and to execute such agreements as are necessary to implement the
project on behalf of the applicant.
Adopted by the Economic Development Authority October 18, 1999
Reviewed for Administration:
xecutive Director
Attest:
S cretary
President