HomeMy WebLinkAbout15-21 - ADMIN Resolution - Economic Development Authority - 2015/10/19ST. LOUIS PARK ECONOMIC DEVELOPMENT AUTHORITY
RESOLUTION NO. 15-21
RESOLUTION AUTHORIZING AN APPLICATION FOR A HENNEPIN COUNTY
BUSINESS DISTRICT INITIATIVE GRANT SUBMITTED THE BUSINESS AREA
ALONG WALKER STREET AND LAKE STREET
WHEREAS, the City of St. Louis Park acknowledges the Hennepin County Housing and
Redevelopment Authority (HCHRA) has authorized approximately $195,000 for an initiative to
strengthen suburban municipalities' priority small business districts; and
WHEREAS, the City of St. Louis Park Economic Development Authority wishes to submit an
application requesting grant funds from the Hennepin County Business District Initiative
Program; and
WHEREAS, the grant funds will be used for certain Branding and Wayfinding improvement
costs to enhance the economic vitality of this business district; and
WHEREAS, the Hennepin County Business District Initiative Program Guidelines require
authorization by the governing body of the Economic Development Authority for submission of
a grant application to the Hennepin County Business District initiative Program; and
NOW, THEREFORE, BE IT RESOLVED that the President and Executive Director are hereby
authorized to apply to Hennepin County for a Business District Initiative grant on behalf of the
S s Park Economic Development Authority and to execute such agreements as are
n cessa to implement the project on behalf of the applicant.
Adopted by the Economic Development
Authority, October 19, 2015
President
Attest
City `lerk