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RESOLUTION 2018 - <br />RESOLUTION AUTHORIZING SUBMITTAL OF AN APPLICATION FOR <br />FUNDING FROM THE WASHINGTON COUNTY CDA PREDEVELOPMENT <br />FINANCE FUND <br />WHEREAS, the City of has identified a proposed project within the City that meets the <br />Washington County Community Development Agency (CDA) Predevelopment Finance <br />Fund's purposes and criteria; and <br />WHEREAS, the City has established that the property in consideration has been zoned <br />and/or guided for future development accordingly and the proposed project is a high <br />priority of the city; and <br />WHEREAS, the City supports the proposed project scope of work and hereby supports <br />the application to the Predevelopment Finance Fund; and <br />WHEREAS, the City has the legal authority to apply for financial assistance; and <br />WHEREAS, the City is supportive of enhancing economic development opportunities <br />that will serve to create jobs, enhance the tax base and improve the lives of Washington <br />County residents. <br />NOW THEREFORE BE IT RESOLVED that the City of approves the application for <br />funding from the Washington County CDA Predevelopment Finance Fund. <br />BE IT FURTHER RESOLVED that upon approval of its application to the Washington <br />County CDA, the City hereby authorizes its Planner to execute such agreements as are <br />necessary to receive and use the funding for the proposed project. <br />ADOPTED by the City Council on May 21, 2018 <br />Tom Wiedt, Mayor <br />ATTEST: <br />Michele Lindau, City Clerk <br />0 <br />