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__.--__ ,_ _ _ : _ _ <br />EDA RESOLUTION NO. 96-EDA56 <br />PAGE TWO OF TWO <br />2. The Board hereby determines that the Authority's negotiation and execution of a Cor�tra�� <br />would be in furtherance of the Project Plan and hereby approves and authorizes said actions, <br />including the negotiation and execution of the Contract by the officers of the Authority in their <br />discretion and at such time, if any, as they may deem appropriate. <br />3• Upon final negotiation, execution and delivery ofthe Contract, the officers and <br />employees of the Authority (including members of the City staff and Commission, acting u� the�r <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 implemex�t <br />the Contract which is being accomplished for redevelopment purposes. <br />4. The Board hereby determines that the negotiation, execution and performance of the <br />Contract will help realize the public purposes of the Act and are in furtherance of the Plan. <br />Adopted by the Board of Commissioners of the Mounds View Economic Development A�xtlxoY�� <br />on November 12, 1996. <br />ATTEST: <br />(SEAL) <br />President <br />Executive Director <br />