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HomeMy WebLinkAbout11-11 - ADMIN Resolution - Economic Development Authority - 2011/10/17EDA RESOLUTION NO. 11-11 RESOLUTION AUTHORIZING APPLICATION FOR A GRANT FROM 4 HENNEPIN COUNTY'S ENVIRONMENTAL RESPONSE FUND ON BEHALF OF BADER DEVELOPMENT 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, an application requesting grant funds from the Hennepin County Environmental Response Fund has been prepared for submission by the St. Louis Park Economic Development Authority; and WHEREAS, the grant funds will be used for environmental clean-up of 3924 Excelsior Blvd in the City of St. Louis Park to facilitate Bader Development's proposed E2 project; 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, 2011; 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 the St. Louis Park Economic Development Authority on or before November 1, 2011 and exec*e such agreements as are necessary to implement the project on behalf of the Adopted by the Economic Development Authori ,Oct r 17, 2011 President , Attest Secretary