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HomeMy WebLinkAbout15-13 - ADMIN Resolution - Economic Development Authority - 2015/06/15ST. LOUIS PARK ECONOMIC DEVELOPMENT AUTHORITY EDA RESOLUTION NO. 15-13 RESOLUTION IN SUPPORT OF A BUSINESS 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 MoneyGram 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 MoneyGram, 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 (JCP) program; and, WFIEREAS, 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 Minnesota, hereby express their approval of the project proposed by MoneyGram and its app icath for an award and/or rebate from the Job Creation Fund Program. Reviewed r dministration: Adopted by the Economic Development Authority, June 15, 2015 A 6" zi Executi e i c or ViftPresident Atfact-