HomeMy WebLinkAbout2012-014 EDAR Commissioner Kay Lasman introduced the following resolution and moved
its adoption:
EDA RESOLUTION NO. 2012-14
RESOLUTION APPROVING AND AUTHORIZING THE EXECUTION OF SUB-
GRANT AGREEMENTS FOR ENVIRONMENTAL CLEANUP
WHEREAS, the Economic Development Authority("EDA")has entered into the
following agreements providing grants for environmental cleanup on the former Lifetime Fitness site
in the city of Brooklyn Center(the "City"):
Agreement with Hennepin County by its Department of Environmental Services
entitled "Environmental Response Fund Grant Agreement between the City of
Brooklyn Center Economic Development Authority and Hennepin County
Department of Environmental Services, Contract No. A120983."
Agreement with the State of Minnesota acting through its Department of Employment
and Economic Development entitled "Contamination Cleanup Program Grant
Agreement, CCGP-12-0012-Z-FY12."
Agreement with the Metropolitan Council entitled "Metropolitan Livable
Communities Act Grant Agreement,Grant No. SG012-014."(the"Grant Contracts");
and
WHEREAS, Twin Lakes IV Inc., the owner of the Lifetime Fitness site has
proposed to enter into a sub-grant agreement for each of the Grant Contracts under which Twin
Lakes IV Inc.,as sub-grantee,will assume the responsibilities of the EDA under the Grant Contracts
(the Sub-Grant Agreements"); and
WHEREAS, the EDA has determined that it is reasonable and appropriate and in the
best interests of the public that the EDA enter into such Sub-Grant Agreements with Twin Lakes IV
Inc.
NOW,THEREFORE,BE IT RESOLVED by the Economic Development Authority
in and for the City of Brooklyn Center:
1. That the Sub-Grant Agreement for each of the Grant Contracts is approved.
2. The President and Executive Director are authorized and directed to execute the Sub-
Grant Agreements.
3. The Executive Director is authorized and directed to take any and all additional steps
necessary or convenient to effect the terms of the Sub-Grant Agreements.
EDA RESOLUTION NO. 2012-14
September 10, 2012
Date President
The motion for the adoption of the foregoing resolution was duly seconded by Commissioner
Lin Myszkowski
and upon vote being taken thereon,the following voted in favor thereof:
Tim,Willson, Carol KlevenV Kay Lasman, Lin Myszkowski, and Dan Ryan;
and the following voted against the same: none;
whereupon said resolution was declared duly passed and adopted.