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HomeMy WebLinkAbout14-085 Scott County CDA Grant 4646 Dakota Street SE Prior Lake, MN 55372 RESOLUTION 14-085 A RESOLUTION APPROVING A SCOTT COUNTY CDA ECONOMIC DEVELOPMENT INCENTIVE GRANT APPLICATION FOR TECHNICAL ASSISTANCE Motion By: Keeney Second By: Morton WHEREAS, The City of Prior Lake has identified a proposed project within the City that meets the Scott County Community Development Agency (CDA) Economic Development Incentive Grant program’s purposes and criteria; and WHEREAS, The City has completed various studies and planning for its downtown area related to parking, design and redevelopment; and WHEREAS, The City has the capability and capacity to ensure the proposed project be completed and administered within the Economic Development Incentive Grant program guidelines; and WHEREAS, The City has the legal authority to apply for financial assistance; and WHEREAS, The City has the capability and capacity to ensure the proposed project be completed and administered within the Economic Development Incentive Grant program guidelines; and WHEREAS, The City is supportive of enhancing economic development opportunities that will serve to create jobs, enhance the tax base and improve the lives of Scott County residents. NOWTHEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, MINNESOTA as follows: 1.The recitals set forth above are incorporated herein. 2.The City Council approves the application for funding from the Scott County CDA Economic Development Incentive Grant Program. 3.The Mayor and City Manager are authorized to execute such agreements as necessary to receive and use the funding for the proposed project. PASSED AND ADOPTED THIS 27 DAY OF MAY, 2014. th VOTE Hedberg Keeney McGuire Morton Soukup Aye ☒☒☒☒☒ Nay ☐☐☐☐☐ Absent ☐☐☐☐☐ Abstain ☐☐☐☐☐ ______________________________ Frank Boyles, City Manager