HomeMy WebLinkAbout12-108 DEED Grant
4646 Dakota Street SE
Prior Lake, MN 55372
RESOLUTION 1 2 - 108
A RESOLUTION AUTHORIZING SUBMITTAL OF A MINNESOTA BUSINESS DEVELOPMENT
CAPITAL PROJECTS GRANT PROGRAM APPLICATION FOR THE WELCOME AVENUE
IMPROVEMENTS PROJECT
Motion By: Hedberg Second By: Keeney
WHEREAS, The City of Prior Lake act s as the legal sponsor for the project contained in the Business
Development Capital Projects Grant Program to be submitted on July 9, 2012, and that
the Mayo r and the City Manager are hereby authorized to apply to the Department of
Employment and Economic Development for funding of this project on behalf of the City of
Prior Lake; and
WHEREAS, The City of Prior Lake has the legal authority to apply for financial assistance, and the
institutional, managerial and financial capability to ensure adequate con struction,
operation and replacement of the proposed project for its useful life; and
WHEREAS, The City of Prior Lake has not violated any federal, state or local laws pertaining to fraud,
bribery, kickbacks, collusion, conflict of interest or other unla wful or corrupt practice; and
WHEREAS, Upon approval of its application by the State, the City of Prior Lake may enter into an
agreement with the State of Minnesota for the above referenced project , and the City of
Prior Lake will comply with all applic able laws and regulations as stated in all contract
agreements; and
WHEREAS, All nonstate funding is committed and available and meets or exceeds the requirements
that the nonstate match equal or exceed state funding; and
WHEREAS, The City of Prior Lak e certifies it will comply with all applicable laws, regulations and rules
of General Obligation bond funds.
NOW THEREFORE , BE IT HEREBY RESOLVE D BY THE CITY COUNCI L OF PRIOR LAKE,
MINNESOTA as follows:
1. The recitals set forth above are incorporated her ein.
2. The Mayor and City Manager, or their successors in office, are hereby authorized to execute such
agreements, and amendments thereto, as are necessary to implement the project on behalf of the City
of Prior Lake.
M: \ Council \ Resolutions \ 2012 \ 12 - 108 DEED Grant.doc
PASSED AND ADOPTED THIS 9 DAY OF JULY 2012 .
TH
YES NO
Myser X Myser
Erickson X Erickson
Hedberg X Hedberg
Keeney X Keeney
Soukup X Soukup
______________________________
Frank Boyles, City Manager
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