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HomeMy WebLinkAbout2023-07 EDARTHE BROOKLYN CENTER ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF BROOKLYN CENTER RESOLUTION NO. 2023-07 RESOLUTION APPROVING THE AWARD OF GRANTS UNDER THE MICRO -GRANT FACADE PROGRAM WHEREAS, the Economic Development Authority of Brooklyn Center, Minnesota (the "Authority") was created pursuant to Minnesota Statutes, sections 469. 090 through 469 .1082 to exercise its powers to promote and protect economic development within the City of Brooklyn Center ("City"); and WHEREAS, on April 26, 2021, the Authority exercised its authority to establish the Micro -Grant Fa9ade Program ("Program") to promote local businesses and economic development by encouraging the improvement of business facades within the City; and WHEREAS, businesses have applied for grants under the Program and the Authority desires to award the grants for use in accordance with the guidelines established for the Program and the terms and conditions of the agreement established for the Program, which is attached hereto as Exhibit A ("Grant Agreement"). NOW, THEREFORE, BE IT RESOLVED, by the Economic Development Authority of Brooklyn Center, Minnesota Board of Commissioners ("Board") as follows: 1. The Board hereby awards $5,000 in grants under the Program to the following businesses and in the following amounts: Business Grant Amounts Brothers Ta ueria $5,000 2. The businesses shall utilize the grant funds in accordance with the Program guidelines and the Grant Agreement. 3. Staff are hereby authorized to enter into Grant Agreements with the businesses in substantially the form as attached, issue the grants, and to otherwise take such actions as may be necessary to carry out the Program. The foregoing resolution was introduced by EDA Commissioner Lawrence -Anderson and duly seconded by EDA Commissioner Graves. The following commissioners voted in favor of the resolution: Graves, Butler, Jerzak, Kragness, Lawrence -Anderson. The following voted against: None. The following were absent: None. Whereupon the resolution was adopted. ADOPTED: August 28, 2023 President Executive Director ATTEST: bW_,AM City Clerk