HomeMy WebLinkAbout15-075 Scott County CDA EDI Grant Application
4646 Dakota Street SE
Prior Lake, MN 55372
RESOLUTION 15-075
A RESOLUTION APPROVING A SCOTT COUNTY CDA ECONOMIC DEVELOPMENT INCENTIVE
GRANT APPLICATION FOR TECHNICAL ASSISTANCE
Motion By: MORTON Second By: MCGUIRE
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 documents related to the Technology
Village Business Accelerator of which the proposed project is a component; 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 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 in the amount of $12,500 for Technical Assistance to complete Phase III of the
Technology Village Business Accelerator Business Plan ($28,000 total project cost).
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 APRIL 2015.
th
VOTE Hedberg Keeney McGuire Morton Thompson
Aye
☒☒☒☒☐
Nay
☐☐☐☐☒
Abstain
☐☐☐☐☐
Absent
☐☐☐☐☐
______________________________
Frank Boyles, City Manager