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1.07. The EDA has reviewed the Contract and hasdetermined that execution of.the <br /> 410 Contract and the EDA's performance of its obligations thereunder are in the'bestinterests of the <br /> City and are consistent with the goals and jof the Project Plan and <br /> objectivesJ TIP. Plan.:. <br /> NOW,THE FORE,BE IT RESOLVED by the Board of Commissioners oftlie Mounds <br /> View Economic Development Authority as follows: <br /> 1 The Contract, as presented to the EDA, islhereby in all respects approved, subject <br /> to any modifications approved by the EDAM <br /> 2: The EDA President and.Executive IDirector are hereby authorized to execute the <br /> Contract and related documents on behalf of the EDA and to carry out the EDA's obligations <br /> thereunder. <br /> Adopted by the Board of Commissioners of the Mounds View Economic Development <br /> Authority this ,;`day of ; 1997. <br /> Duane Mc(arty, President <br /> ATTEST: <br /> 40 <br /> Cutherme-'Bennett, Executive Ducector <br /> AC14124203 <br /> Mv205 4 <br />