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HomeMy WebLinkAbout11-04 - ADMIN Resolution - Economic Development Authority - 2011/04/25EDA RESOLUTION NO. 11-04 RESOLUTION APPROVING A GRANT APPLICATION TO THE DEPARTMENT OF EMPLOYMENT AND ECONOMIC DEVELOPMENT AND APPROVING LOCAL MATCHING FUNDS ON BEHALF OF GRECO DEVELOPMENT WHEREAS, the St. Louis Park Economic Development Authority has agreed to act as the legal sponsor for the Project referred to as Wooddale Pointe, contained in the Contamination Cleanup Grant application submitted to the Department of Employment and Economic Development (DEED) on or before May 1, 2011; and WHEREAS, the St. Louis Park Economic Development Authority has the legal authority to apply for financial assistance, and the institutional, managerial, and financial capability to ensure adequate project administration; and WHEREAS, the sources and amounts of the local match identified in the application are committed to the project identified and the advance of such funds is subject to the final approval of the Economic Development Authority; and WHEREAS, the St. Louis Park Economic Development Authority has not violated any Federal, State or local laws pertaining to fraud, bribery, graft, kickbacks, collusion, conflict of interest or other unlawful or corrupt practice; and WHEREAS, upon approval of its application by the state, the St. Louis Park Economic Development Authority may enter into an agreement with the State of Minnesota for the above referenced Project, and that the St. Louis Park Economic Development Authority certifies that it will comply with all applicable laws and regulation as stated in all contract agreements; NOW, THEREFORE, BE IT RESOLVED that the President and Executive Director are hereby authorized to apply to the Department of Employment and Economic Development for funding of this project on behalf of the St. Louis Park Economic Development Authority and execute such agreements as are necessary to implement the Project on behalf of the applicant. I CERTIFY THAT the above resolution was adopted by the St. Louis Park Economic pment Authority on April 25, 2011. for Administration: Adopted by the Economic Development Authority April 25, 2011 , Attest NEW WE gyp, X....