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CITY OF LAKE ELMO <br />COUNTY OF WASHINGTON <br />STATE OF MINNESOTA <br /> <br />RESOLUTION NO. 2025-044 <br /> <br />A RESOLUTION APPROVING THE CITY OF LAKE ELMO’S PARTICIPATION IN <br />WASHINGTON COUNTY’S COMMUNITY DEVELOPMENT AGENCY’S PREDEVELOPMENT <br />FINANCE FUND FOR THE ULI TECHNICAL ASSISTANCE PANEL FOR DEVELOPMENT OF <br />THE CITY OWNED 180 ACRES <br /> <br />WHEREAS, the City of has identified a proposed project within the City that meets <br />the Washington County Community Development Agency (CDA) Predevelopment Finance Fund’s <br />purposes and criteria; and <br /> <br />WHEREAS, the City has established that the property in consideration has been zoned and/or <br />guided for future development accordingly and the proposed project is a high priority of the city; and <br /> <br />WHEREAS, the City supports the proposed project scope of work and hereby supports the <br />application to the Predevelopment Finance Fund; and <br /> <br />WHEREAS, the City has the legal authority to apply for financial assistance; and <br /> <br />WHEREAS, the City is supportive of enhancing economic development opportunities that will <br />serve to create jobs, enhance the tax base and improve the lives of Washington County residents. <br /> <br />NOW THEREFORE BE IT RESOLVED that the City of approves the application for funding <br />from the Washington County CDA Predevelopment Finance Fund. <br /> <br />BE IT FURTHER RESOLVED that upon approval of its application by the Washington County <br />CDA, Jason Stopa, the Community Development Director, is hereby authorized to execute such <br />agreements as are necessary to receive and use the funding for the proposed project. <br /> <br />Passed and duly adopted this 17th day of June, 2025 by the City Council of the City of Lake Elmo, <br />Minnesota. <br /> <br /> <br /> <br /> ____________________________________ <br /> Mayor Charles Cadenhead <br />ATTEST: <br /> <br /> <br /> <br />_______________________________ <br />Julie Johnson, City Clerk