HomeMy WebLinkAbout15-33 - ADMIN Resolution - Economic Development Authority - 2015/12/21ST. LOUIS PARK ECONOMIC DEVELOPMENT AUTHORITY
RESOLUTION NO. 15-33
RESOLUTION IN SUPPORT OF A BUSINESS APPLYING TO
THE MINNESOTA DEPARTMENT OF EMPLOYMENT AND ECONOMIC
DEVELOPMENT'S MINNESOTA INVESTMENT FUND PROGRAM
WHEREAS, the St. Louis Park Economic Development Authority, Minnesota, desires to
assist MoneyGram which is proposing to expand its facilities in the city of St. Louis Park; and;
WHEREAS, the St. Louis Park Economic Development Authority, Minnesota, will act as
the legal sponsor for the project contained in the Minnesota Investment Fund Application to be
submitted on or about December 31, 2015 and;
WHEREAS, the St. Louis Park Economic Development Authority has the legal authority
to apply for financial assistance, and the institutional, managerial, and financial capability to
administer the proposed project, and;
WHEREAS, the St. Louis Park Economic Development Authority has not violated any
Federal, State, or local laws pertaining to fraud, bribery, kickbacks, collusion, conflict of interest
or other unlawful or corrupt practice, and
WHEREAS, that upon approval of its application by the State, the St. Louis Park
Economic Development Authority may enter into a Grant Contract with the State of Minnesota for
the approved project, and that the St. Louis Park Economic Development Authority certifies that
it will comply with all applicable laws, statutes, regulations and rules as stated in the Grant
Contract and described in the Project Compliance Certification of the Application.
NOW, THEREFORE, BE IT RESOLVED that, EDA President and Executive Director
Minnesota, are hereby authorized to execute the Grant Contract and amendments, thereto, as are
necessary to implement the project on behalf of the St. Louis Park Economic Development
Adopted by the Economic Development
Authority, December 21, 2015
President