HomeMy WebLinkAbout12-189 Tech Village Bylaws and EDA-City Lease AGreement
4646 Dakota Street SE
Prior Lake, MN 55372
RESOLUTION 1 2 - 189
RESOLUTION OF THE PRIOR LAKE CITY COUNCIL APPROVING THE CITY O F PRIOR LAKE TECHNOL OGY
VILLAGE BYLAWS AND A LEASE AGREEMEN T BETWEEN THE CITY O F PRIOR LAKE
AND THE CITY OF PRIO R LAKE ECONOMIC DEVE LOPMENT AUTHORITY
MOTION BY: Soukup SECOND BY: Erickson
WHEREAS, the City Council has previously approved an amendment to the 2012 Prior Lake General
Fund and the Prior Lake Economic Development Authority budgets for the purpose of
implementing Phase I the Technology Village business ac cele r ator program in Prior Lake;
WHEREAS, the City of Prior Lake wishes to establish a Technology Village Board of Directors which shall act in
an advisory capacity to the Economic Development Authority and shall advise on matters related to
Techno logy Village;
WHEREAS, the City Council adopts bylaws to provide a set of operating procedures and establish a code of
ethics and conduct f or its advisory committees;
WHEREAS, the proposed City of Prior Lake Technology Village Bylaws have been reviewed by the City
Attorney and appear appropriate;
WHEREAS, the City Council has reviewed a Lease Agreement between the City of Prior Lake and the City of
Prior Lake Econo mic Development Authority; and
WHEREAS, the Lease Agreement will permit the Economic D evelopment Authority to lease space within City
Hall from the City of Prior Lake and sublease the space to ten ants of Technology Village;
NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, MINNESOTA as
follows:
1. The recitals se t forth above are incorporated herein.
2. The City of Prior Lake Technology Village Bylaws are hereby approved as proposed in the Staff Report submitted
for City Council consideration on November 13, 2012.
3 . The Lease Agreement between the City of Prior Lake and the City of Prior Lake Economic Development
Authority is hereby approved as proposed in the Staff Report submitted for City Council consideration on November
13, 2012.
PASSED AND ADOPTED T HIS 13 DAY OF NOVEMBER, 201 2 .
TH
YES NO
Myser X Myse r
Erickson X Erickson
Hedberg X Hedberg
Keeney X Keeney
Soukup X Soukup
Frank Boyles, City Manager
Phone 952.447. 9800 / Fax 952.44 7 . 4245 / www.cityofpriorlake.com