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HomeMy WebLinkAbout2021-07 EDAR Commissioner Graves introduced the following resolution and moved its adoption: ECONOMIC DEVELOPMENT AUTHORITY RESOLUTION NO. 2021-07 RESOLUTION APPROVING THE AWARD OF GRANTS UNDER THE ' MICRO-GRANT FA�ADE 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 Fa�ade Program ("Program") to promote local businesses and economic development by encouraging the improvement of business facades within the City; and WHEREAS, since the first round of approved grants, additional businesses have applied for grants under the Program and the Authority desires to award additional 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: l. The Board hereby awards $30,000 in grants under the Program to the following businesses and in the following amounts: Businesses Grant Amounts Hallels Market $5,000 Humu Hair Braidin $5,000 Jambo Africa $5,000 Sun Foods $5,000 Anne Hair Salon $5,000 Handz on Barber $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. BR305-1-728788.v1 RESOLUTION NO. 2021-07 June 28, 2021 Date President The motion for the adoption of the foregoing resolution was duly seconded by Commissioner Ryan and upon vote being taken thereon, the following voted in favor thereof: Butler, Graves, Lawrence-Anderson, Ryan and the following voted against the same: None. whereupon said resolution was declared duly passed and adopted. BR305-1-728788.v1