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HomeMy WebLinkAbout15-23 - ADMIN Resolution - Economic Development Authority - 2015/10/19ST. LOUIS PARK ECONOMIC DEVELOPMENT AUTHORITY RESOLUTION NO. 15-23 RESOLUTION AUTHORIZING APPLICATION FOR A GRANT FROM HENNEPIN COUNTY'S ENVIRONMENTAL RESPONSE FUND ON BEHALF OF TJL DEVELOPMENT, LLC FOR 4911 EXCELSIOR BOULEVARD 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 4911 Excelsior Boulevard site 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 November 1, 2015; NOW, THEREFORE, BE IT RESOLVED that the City of St. Louis Park Economic Development Authority supports the 4911 Excelsior Boulevard project, for which an Environmental Response Fund grant application is being submitted for program eligible activiti and that the President and Executive Director are hereby authorized to apply to He epm County for an Environmental Response Fund grant on behalf of the St. Louis Park Eco mic evelopment Authority on or before November 1, 2015 and execute such agreements as ark neces$ary to implement the project on behalf of the applicant. Adopted by the Economic Development Authority, October 19, 2015 President Attest SOcrta