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CITY OF LAKE ELMO <br />WASHINGTON COUNTY <br />STATE OF MINNESOTA <br />RESOLUTION NO. 2021-029 <br />A RESOLUTION SUPPORTING GRANT APPLICATION FOR <br />PREDEVELOPMENT FINANCE FUND FOR WETLAND DELINEATION FOR <br />75 ACRES OF CITY OWNED PROPERTY ON IDEAL AVE <br />WHEREAS, the City of has identified a proposed project within the City that <br />meets the Washington County Community Development Agency (CDA) Predevelopment <br />Finance Fund's purposes and criteria; and <br />WHEREAS, the City has established that the property in consideration can be <br />zoned and/or guided for future development accordingly and the proposed project is a <br />high priority of the city; and <br />WHEREAS, the City supports the proposed project scope of work and hereby <br />supports the application to the Predevelopment Finance Fund; and <br />WHEREAS, the City has the legal authority to apply for financial assistance; and <br />WHEREAS, the City is supportive of enhancing economic development <br />opportunities that will serve to create jobs, enhance the tax base and improve the lives of <br />Washington County residents. <br />NOW THEREFORE BE IT RESOLVED that the City of approves the application <br />for funding from the Washington County CDA Predevelopment Finance Fund. <br />BE IT FURTHER RESOLVED that upon approval of its application by the <br />Washington County CDA, City Administrator Kristina Handt is hereby authorized to <br />execute such agreements as are necessary to receive and use the funding for the proposed <br />project. <br />APPROVED by the Lake Elmo City Council on this 161h day of March, 2021. <br />By: <br />Charles Cadenhead <br />Mayor <br />A EST: <br />tliy <br />Jo so <br />Cler <br />