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RESOLUTION 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 on the fact that the Developer shall first pay a Park Dedication Fee of <br /> $56,771.00. <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 Board 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 25, 1997. <br /> BY: <br /> Duane McCarty, President <br /> ATTEST: <br /> Cathy Bennett, Executive Director <br /> • <br />