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HomeMy WebLinkAbout95-31 RESOLUTION 95-31 ~llV O~~ N E S RESOLUTION AUTHORIZING THE CITY OF PRIOR LAKE AS THE LEGAL SPONSOR FOR E.M. PRODUCTS, INC. FOR PROJECTS CONTAINED IN THE BUSINESS AND COMMUNITY DEVELOPMENT APPLICATION MOTION BY: KEDROWSKI SECONDED BY: SCOTT WHEREAS, the City of Prior Lake act as the legal sponsor for project(s) contained in the Business and Community Development Application to be submitted on May 22, 1995 and that Mayor Lydia Andren is hereby authorized to apply to the Minnesota Department of Trade and Economic Development for funding of this project on behalf of the City of Prior Lake. 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 construction, operation, maintenance and replacement of the proposed project for its design life. WHEREAS, the City of Prior Lake has not incurred any costs, has not entered into any written agreements to purchase property. WHEREAS, the City of Prior Lake 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. 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 projects(s), and that the City of Prior Lake certifies that it will comply with all applicable laws and regulations as stated in all contract agreements and described on the Compliances Section (FP-20) of the Business and Community Development Application. WHEREAS, the City of Prior Lake has obtained credit reports and credit information from E.M. Products, Inc. and Ed Malone. Upon review by the City of Prior Lake and City Attorney Glen Kessel, no adverse findings or concerns regarding, but not limited to, tax liens, judgments, court actions, and filings with state, federal and other regulatory agencies were identified. Failure to disclose any such adverse information could result in revocation or other legal action. NOW, THEREFORE BE IT RESOLVED that Mayor Lydia Andren is hereby authorized to execute such agreements as are necessary to implement the project(s) on behalf of the applicant. Passed and adopted this 22nd day of May, 1995. Andren Greenfield Kedrowski Schenck Scott YES X X X Absent X NO Frank ~oyl s City rJaI1ager City of Prior Lake 16200 Eagle Creek Ave., Prior Lake, Minnesota 55372-1714 1 Ph. (612) 447-4230 AN EQUAL OPPORTUNITY EMPLOYER Lydia Andren Mayor City of Prior Lake 1 Fax (612) 447-4245