HomeMy WebLinkAbout2021-070 CCR Member Graves introduced the following resolution and moved its adoption:
RESOLUTION NO. 2021-70
RESOLUTION AUTHORIZING AN AMENDMENT TO THE GRANT
CONTRACT DATED 7/10/2018 BETWEEN GET BIZZY INC. AND THE
STATE OF MINNESOTA ACTING THROUGH THE DEPARTMENT OF
EMPLOYMENT AND ECONOMIC DEVELOPMENT FOR THE PROJECT
ENTITLED CDAP-18-0013-H-FY19
WHEREAS, the City of Brooklyn Center (Applicant) acted as the legal sponsor for the
project contained in the Minnesota Investment Fund Program for the project entitled CDAP-18-
0013-H-FY19; and.
WHEREAS, City of Brooklyn Center (Applicant) has the legal authority to amend the
Grant Contract dated 7/10/2018 between the Get Bizzy Inc. and the State of Minnesota acting
through the Department of Employment and Economic Development; and
WHEREAS, the City of Brooklyn Center (Applicant) has held a public hearing for the
purpose of accepting comments for the purpose to amend the Grant Contract in compliance with
the Minnesota Business Subsidy Law to extend the term of the Grant Contract; and
WHEREAS, the City of Brooklyn Center (Applicant) has held a public hearing for the
purpose of accepting comments far the purpose to amend the Loan Agreement between the Get
Bizzy Inc. and the State of Minnesota acting through the Department of Employment and
Economic Development; and
WHEREAS, the City Council of the Brooklyn Center authorizes to execute an
amendment to the Grant Contract dated 7/10/2018 between the Get Bizzy Inc. and the State of
Minnesota acting through the Department of Employment and Economic Development; and
WHEREAS, the City Council of the Brooklyn Center authorizes to execute an
amendment to the Loan Agreement between the Get Bizzy Inc. and the State of Minnesota acting
through the Department of Employment and Economic Development.
NOW, THEREFORE BE IT RESOLVED that the City Council of the City of Brooklyn
Center,Minnesota, or their successors in office, are hereby authorized to execute the amendment
thereto, as is necessary to implement the project on behalf of the City of Brooklyn Center
(Applicant), and authorizes staff to execute any and all instruments thereby.
RESOLUTION NO. 2021-70
l �
�
Mav 10 2021
Date , Mayor
ATTEST:
,� �
City Clerk
The motion for the adoption of the foregoing resolution was duly seconded by member
Elliott
and upon vote being taken thereon, the following voted in favor thereof:
Butler, Elliott, Graves, Ryan
and the following voted against the same: None.
whereupon said resolution was declared duly passed and adopted.
2