HomeMy WebLinkAboutResolution - 2011-26 - Authorizing Business Development Infrastructure Application - 03/01/2011 CITY OF EDEN PRAIRIE
HENNEPIN COUNTY, MINNESOTA
RESOLUTION NO. 2411-2b
RESOLUTION AUTHORIZING BUSINESS
DEVELOPMENT INFRASTRUCTURE APPLICATION
WHEREAS, the City of Eden Prairie {"Applicant") is applying for a Business
Development Infrastructure Grant through the Department of Employment and Economic
Development (DEED) to help fund a portion of a planned road improvement project at Valley
View Road and Prairie Center Drive; and
NOW THEREFORE, BE IT RESOLVED,by the Eden Prairie City Council that:
1. Applicant act as the legal sponsor for project(s) contained in the Business Development
Infrastructure Application.
2. Applicant has the legal authority to apply for financial assistance, and the institutional, managerial,
and financial capability to ensure matching funds, adequate construction, operation, maintenance
and replacement of the proposed project for its design life.
3. Applicant has not violated any Federal, State, or local laws pertaining to fraud, bribery, kickbacks,
collusion, conflict of interest or other unlawful or corrupt practice.
4. That upon approval of its application by the State, the Applicant may enter into an agreement with
the State of Minnesota for the above referenced project(s), and that it will comply with all
applicable laws and regulations as stated in all contract agreements.
5. That upon approval of its application by the state, the Applicant will commit at least 50% of the
total funding required to complete the project as its local match requirement.
5. Applicant will repay the grant if milestones are not realized by the completion date identified in
the Application.
7. Applicant certifies that it will comply with all applicable laws, regulations, and rules of the
Business Development Infrastructure Application.
ADOPTED by the Eden Prairie City Council on March 1, 2011.
Xa%��'Tyrao6ukefis,M or
ATTEST:
Kat leen Porta,City Clerk