HomeMy WebLinkAbout11-12 - ADMIN Resolution - Economic Development Authority - 2011/10/17EDA RESOLUTION NO. 11-12
RESOLUTION AUTHORIZING APPLICATION FOR A GRANT FROM
HENNEPIN COUNTY'S HOUSING AND REDEVELOPMENT AUTHORITY FOR THE
"OPEN TO BUSINESS" PROGRAM
WHEREAS, the St. Louis Park Economic Development Authority is eligible to make
application for grant funds from Hennepin County's Housing and Redevelopment Authority; and
WHEREAS, an application requesting grant funds from the Hennepin County Housing and
Redevelopment Authority has been prepared for submission by the St. Louis Park Economic
Development Authority, and
WHEREAS, the grant funds will be used for the City's "Open to Business" program under
contact with Metropolitan Consortium of Community Developers (MCCD); and
WHEREAS, the State Statute which created the Housing and Redevelopment Authority requires
approval by the governing body of the EDA for submission of a grant request to the Hennepin
County Housing and Redevelopment Authority; 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
i received; and
k 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 fund one half of the
total annual cost of the "Open to Business" program;
NOW, THEREFORE, BE IT RESOLVED that the President and Executive Director are
hereby authorized to apply to Hennepin County for an Environmental Response Fund grant on
b"aof lthe St. Louis Park Economic Development Authority on or before October 15, 2011
and ex ute such agreements as are necessary to implement the project on behalf of the
applicant.
Adopted by the Economic Development
Authority, October 17, 2011
1, , -11 , _ 7�7 , O n
President
Attest Y
Secretary