HomeMy WebLinkAbout2013-013 EDAR Commissioner Carol Kleven introduced the following resolution
and moved its adoption:
EDA RESOLUTION NO. 2013-13
RESOLUTION AUTHORIZING THE CITY OF BROOKLYN CENTER'S
ECONOMIC DEVELOPMENT AUTHORITY TO APPLY FOR A BUSINESS
AND COMMUNITY DEVELOPMENT APPLICATION (MINNESOTA
INVESTMENT FUND) TO THE MINNESOTA DEPARTMENT OF
EMPLOYMENT AND ECONOMIC DEVELOPMENT FOR THE BENEFIT OF
THE PALMER LAKE PLAZA PROPERTY, LOCATED AT 6850 SHINGLE
CREEK PARKWAY
BE IT RESOLVED that the Economic Development Authority in and for the City
of Brooklyn Center, Minnesota, a body politic and corporate under the laws of the State of
Minnesota ("EDA of Brooklyn Center") act as the legal sponsor for the project contained in the
Business and Community Development Application to be submitted on the State of Minnesota
Department of Employment and Economic Development's "Minnesota Investment Fund"
application for the Palmer Lake Plaza facilities and property, located at 6850 Shingle Creek
Parkway, Brooklyn Center, MN 55430, and that Tim Willson, President and Cornelius L.
Boganey, the Executive Director of the EDA, are hereby authorized to apply to the Department
of Employment and Economic Development for funding of this project on behalf of the EDA of
Brooklyn Center.
BE IT FURTHER RESOLVED that the EDA of Brooklyn Center 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.
BE IT FURTHER RESOLVED that the EDA of Brooklyn Center has not incurred
any costs and has not entered into any written agreements to purchase property.
BE IT FURTHER RESOLVED that the EDA of Brooklyn Center has not violated
any Federal, State, or local laws pertaining to fraud, bribery, kickbacks, collusion, conflict of
interest or other unlawful or corrupt practice.
BE IT FURTHER RESOLVED that upon approval of its application by the state,
the EDA of Brooklyn Center, may enter into an agreement with the State of Minnesota for the
above-referenced project, and that the EDA of Brooklyn Center certifies that it will comply with
all applicable laws and regulations as stated in all contract agreements and described on the
Compliance Section(S-7) of the Business and Community Development Application.
AS APPLICABLE, BE IT FURTHER RESOLVED that the EDA of Brooklyn
Center has obtained credit reports and credit information from Sign Zone, Inc. and Ed Flaherty,
President of Sign Zone, Inc. Upon review by the EDA of Brooklyn Center and city attorneys
with Kennedy and Graven, Chartered, no adverse findings or concerns regarding, but not limited
EDA RESOLUTION NO. 2013-13
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 Tim Willson, President of the
EDA and Cornelius L. Boganey, the Executive Director of the EDA, or their successors in office,
are hereby authorized to execute such agreements, and amendments thereto, as are necessary to
implement the project(s) on behalf of the applicant.
October 28, 2013 'gym
Date President
The motion for the adoption of the foregoing resolution was duly seconded by Commissioner
Kris Lawrence-Anderson
and upon vote being taken thereon, the following voted in favor thereof:
Tim Willson, Carol Kleven, Kris Lawrence-Anderson, Lin Myszkowski, and Dan Ryan;
and the following voted against the same:
none;
whereupon said resolution was declared duly passed and adopted