HomeMy WebLinkAbout2018-008 EDARCommissioner Kris Lawrence-Anderson introduced the following resolution
and moved its adoption:
EDA RESOLUTION NO. 2018-08
RESOLUTION SUPPORTING THE MINNESOTA INVESTMENT FUND
APPLICATION SUBMITTED BY THE ECONOMIC DEVELOPMENT
AUTHORITY OF BROOKLYN CENTER FOR THE PROJECT ENTITLED GET
BIZZY, INC.
WHEREAS, the Economic Development Authority of Brooklyn Center will act as
the legal sponsor for the project contained in the Minnesota Investment Fund application, which was
submitted to the Minnesota Department of Employment and Economic Development on Tuesday,
June 26th, 2018; and
WHEREAS, the Economic Development Authority of Brooklyn Center has the legal
authority to apply for financial assistance, and the institutional, managerial, and financial capability
to administer the proposed project; and
WHEREAS, the Economic Development Authority 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; and
WHEREAS, that upon final approval of its application by the State, the Economic
Development Authority of Brooklyn Center may enter into a Grant Contract with the State of
Minnesota for the approved project, and that the City of Brooklyn Center certifies that it will comply
with all applicable laws, statues, regulations and rules as stated in the Grant Contract and described
in the Project Compliance Certification of the Application; and
WHERES, the Economic Development Authority of Brooklyn Center has reviewed
the application prior to submittal and authorized employees have obtained credit reports and credit
information on Get Bizzy, Inc. and company owners Alex French and Andrew Healy. No adverse
findings or concerns regarding, but not limited 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 by the Board of Commissioners
("Board") of the Economic Development Authority of Brooklyn Center, Minnesota hereby express
their support of the submitted Minnesota Investment Fund application on behalf of Get Bizzy, Inc.,
and authorizes the Economic Development Authority Secretary to submit the application, execute
any agreements and to administer the loan.
EDA RESOLUTION NO. 2018-08
July 23, 2018
Date President
The motion for the adoption of the foregoing resolution was duly seconded by member
Dan Ryan
and upon vote being taken thereon, the following voted in favor thereof:
Tim Willson,April Graves, Kris Lawrence-Anderson, Dan Ryan
and the following voted against the same:
whereupon said resolution was declared duly passed and adopted.