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RESOI.L'TION NO. 97-EDA67 <br />PAGE TWO OF TWO <br />appropriate to execute the same on behalf of the Authority and with any other such additions and <br />modifications as those officers may deem desirable or necessary as evidenced by their execution <br />thereof; provided that the Authority's execution and delivery of the Development Agreement <br />shall be conditioned ors the fact that the Developer and City shall first successfully negotiate a <br />mutually acceptable Park Dedication Fee. <br />3. Upon execution and delivery of the Development Assistance Agreement, the <br />officers and employees of the Authority (including members of the City staff, acting in their <br />capacity as staff to the Authority as well) are hereby authorized and directed to take or cause to <br />be taken such actions as may be appropriate or necessary on behalf of the Authority to implement <br />the Development Assistance Agreement, including without limitation issuance of the EDA Note <br />and execution of the Certificate of Completion under the Development Assistance Agreement. <br />4. The Boazd hereby determines that the execution and performance of the <br />Development Assistance Agreement will help realize the public purposes of the Act and are in <br />furtherance of the Project. <br />Adopted by the Board of Commissioners of the Mounds View Economic Development <br />Authority on August 2~, 1997. <br />j /, <br />Duane McCarty, President ' <br />ATTEST: <br />Cathy Bennett, Executive Director <br />i <br />