HomeMy WebLinkAbout2021-06 EDARPresident Elliott introduced the following resolution and moved its adoption:
ECONOMIC DEVELOPMENT AUTHORITY RESOLUTION NO. 2021-06
RESOLUTION APPROVING THE AWARD OF GRANTS UNDER THE
MICRO -GRANT FACADE 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 Apri126, 2021 the Authority exercised its authority to establish the
Micro -Grant Fagade Program ("Program") to promote local businesses and economic
development by encouraging the improvement of business facades within the City; and
WHEREAS, businesses have applied for grants under the Program and the Authority
desires to award the 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:
1. The Board hereby awards $37,500 in grants under the Program to the following
businesses and in the following amounts:
Businesses
Grant Amounts
F and G Beauty
$5,000
God Will Fashion
$55000
Jammin Wins
$5,000
Vinai Market
$5,000
Hmong Senior Healthcare
$5,000
Allstate- Chima O wurlcie Agency
$5,000
Xin Xin
$45000
BT Nails and Spa
$35500
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.
BR305-1-721953.v2
5/24/2021
Date
Piesident
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;
Ryan, Elliott, Butler, Lawrence -Anderson
and the following voted against the same; None
whereupon said resolution was declared duly passed and adopted.
BR305-1-721953.v2