HomeMy WebLinkAboutEDA Resolution 08-EDA-239EDA RESOLUTION NO. 08-EDA-239
MOUNDS VIEW ECONOMIC DEVELOPMENT AUTHORITY
COUNTY OF RAMSEY
STATE OF MINNESOTA
RESOLUTION APPROVING A REDEVELOPMENT GRANT PROGRAM
APPLICATION FOR COSTS ASSOCIATED WITH THE ACQUISITION AND
REDEVELOPMENT OF 2400 COUNTY ROAD H2
WHEREAS, the property located at 2400 County Road H2, formerly operated as
Robert's Sport's Bar, has become available through foreclosure; and,
WHEREAS, the property is located within the identified Premium Stop
Redevelopment project area and adjacent to property acquired by the Economic
Development Authority (the "EDA") for redevelopment; and,
WHEREAS, the EDA has indicated an interest in maximizing the redevelopment
project footprint; and,
WHEREAS, to accomplish the acquisition and subsequent redevelopment of the
property located at 2400 County Road H2, a Redevelopment Program grant application
for funding through the Minnesota Department of Employment and Economic
Development has been prepared for the EDA's consideration.
NOW THEREFORE, BE IT RESOLVED that the EDA approves the preparation
and submission of the Redevelopment Program grant application to the Minnesota
Department of Employment and Economic Development in support of the acquisition
and redevelopment of the property located at 2400 County Road H2.
BE IT FURTHER RESOLVED that the EDA shall act as the legal sponsor for
project(s) contained in the Redevelopment Grant Application to be submitted on
January 15, 2008 and that the President and Interim Executive Director are hereby
authorized to execute the application on behalf of the EDA.
BE IT FURTHER RESOLVED that the EDA has the legal authority to apply for
financial assistance, and the institutional, managerial, and financial capability to ensure
adequate project administration.
BE IT FURTHER RESOLVED that the sources and amounts of the local match
identified in the application are committed to the project identified.
BE IT FURTHER RESOLVED that the EDA has not violated any Federal, State or
local laws pertaining to fraud, bribery, graft, kickbacks, collusion, conflict of interest or
other unlawful or corrupt practice.
Resolution 08-EDA-239
Page 2
BE IT FINALLY RESOLVED that upon approval of its .application by the state, the
EDA, may enter into an agreement with the State of Minnesota for the above referenced
project(s), and that the EDA cerkifies that it will comply with all applicable laws and
regulation as stated in all contract agreements.
Adopted this 28th day of January, 2008 by the
Mounds View Economic Development
Authority
Rob arty, President
(ATTEST) '~,,~,~ ~~~,~cv~-rv
James Ericson, Interim Executive Director