HomeMy WebLinkAboutResolution - 2017-66 - Application to DEED MIF Program - 06/13/2017 CITY OF EDEN PRAIRIE
HENNEPIN COUNTY, MINNESOTA
RESOLUTION NO. 2017-66
A RESOLUTION AUTHORIZING APPLICATION TO THE DEPARTMENT OF
EMPLOYMENT AND ECONOMIC DEVELOPMENT'S (DEED) MINNESOTA
INVESTMENT FUND (MIF)PROGRAM
BE IT RESOLVED that the City of Eden Prairie act as the legal sponsor for the project contained in
the Minnesota Investment Fund Application to be submitted on or about June 16, 2017 and that the
Mayor and City Manager on behalf of the City are hereby authorized to apply to the Department of
Employment and Economic Development for funding of this project on behalf of the City of Eden
Prairie; and
BE IT FURTHER RESOLVED that the City of Eden Prairie has the legal authority to apply for
financial assistance, and the institutional, managerial, and financial capability to administer the
proposed project; and
BE IT FURTHER RESOLVED that the City of Eden Prairie 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
BE IT FURTHER RESOLVED that upon approval of its application by the State,the City of Eden
Prairie may enter into a grant contract with the State of Minnesota for the approved project, and that
the City of Eden Prairie certifies that it will comply with all applicable laws, statutes, regulations and
rules as stated in the Grant Contract and described in the Project Compliance Certification of the
Application; and
AS APPLICABLE, BE IT FURTHER RESOLVED that the City of Eden Prairie has obtained credit
reports and credit information on Artesyn Embedding Technologies and its owners, Platinum Equity
LLC and Emerson Electric Co. Upon review by the City of Eden Prairie, no adverse findings or
concerns regarding, but not limited to,tax liens,judgements, court actions, and filings with the state,
federal,and other regulatory agencies were identified. Failure to disclose any such adverse information
could result in revocation or other legal action.
BE IT RESOLVED,that the Mayor and City Manager, or their successors in office, are hereby
authorized to execute the Grant Contract, and amendments,thereto, as are necessary to implement the
project on behalf of the applicant.
ADOPTED by the City Council of the City of Eden Prairie on this 13th day of June, 2017.
N nc ra-L e or
ATTEST:
0
Kathl en Porta, City Clerk