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, <br /> • RESOLUTION NO. 97-EDA67 <br /> PAGE TWO OF TWO <br /> appropriate to execute the same on behalf of the Authority, with modification to Section 3.4 (c) <br /> to extend the date of substantial completion from December 31, 1999 to December 31, 2002, <br /> and with any other such additions and modifications as those officers may deem desirable or <br /> necessary as evidenced by their execution thereof;.provided that the Authority's execution and <br /> delivery of the Development Agreement shall be conditioned on the fact that the Developer and <br /> City shall first successfully negotiate a 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 Board hereby determines that the execution and performance of the <br /> Development Assistance Agreement as amended will help realize the public purposes of the Act <br /> and are in furtherance of the Project. <br /> 1110 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 /> III <br />