HomeMy WebLinkAbout15-34 - ADMIN Resolution - Economic Development Authority - 2015/12/21ST. LOUIS PARK ECONOMIC DEVELOPMENT AUTHORITY
RESOLUTION NO. 15-34
RESOLUTION IN SUPPORT OF NOVU APPLYING TO
THE MINNESOTA DEPARTMENT OF EMPLOYMENT AND ECONOMIC
DEVELOPMENT'S JOB CREATION FUND PROGRAM
WHEREAS, the St. Louis Park Economic Development Authority, Minnesota, desires to
assist Novo which is proposing to expand its facilities in the city of St. Louis Park; and,
WHEREAS, the St. Louis Park Economic Development Authority understands that Novu,
through and with the support of the City of St. Louis Park, intends to submit to the Minnesota
Department of Employment and Economic Development (DEED) an application for an award
and/or rebate from the Job Creation Fund (JCF) program; and,
WHEREAS, the JCF funds will be used for equipment and office upgrades resulting in
the creation of additional jobs in the city of St. Louis Park; and,
WHEREAS, DEED's JCF Program Guidelines require support by the governing body of
the St. Louis Park Economic Development Authority for submission of the JCF application; and
NOW, THEREFORE, BE IT RESOLVED that, EDA President and Executive Director
ota, hereby express their approval of the project proposed by Novo and its application for
and/or rebate from the Job Creation Fund Program.
Administration: Adopted by the Economic Development
Authority, December 21, 2015
President G
Attest:
Secre ary