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41, EDA RESOLUTION NO. 97-EDA78 <br /> PAGE TWO OF TWO <br /> 2. The Board hereby determines that the Authority's execution of the Agreement and the <br /> subsequent acquisition of the Property would be in furtherance of the Project Plan and hereby <br /> approves and authorizes said actions, including the execution of the Agreement by the officers of <br /> the Authority in their discretion and at such time, if any, as they may deem appropriate. <br /> 3. Upon execution and delivery of the Agreement, the officers and employees of the <br /> Authority(including members of the City staff, acting in their capacity as staff to the Authority as <br /> well) are hereby authorized and directed to take or cause to be taken such actions as may be <br /> appropriate or necessary on behalf of the Authority to implement the Agreement, including the <br /> acquisition of the Property, which is being accomplished for redevelopment purposes. <br /> 4. The Board hereby determines that the execution and performance of the Agreement and the <br /> acquisition of the Property will help realize the public purposes of the Act and are in furtherance <br /> of the Plan. <br /> Adopted by the Board of Commissioners of the Mounds View Economic Development Authority <br /> on December 15, 1997. <br /> • ATTEST: <br /> President <br /> (SEAL) <br /> Executive Director <br />