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City Council Resolution 2022-72CITY OF MONTICELLO WRIGHT COUNTY, MINNESOTA RESOLUTION 2022-72 A RESOLUTION APPROVING THE SUBMITTAL OF A MINNESOTA INVESTMENT FUND (MIF) PROGRAM FUNDING APPLICATION IN THE AMOUNT OF $2209000 RELATED TO A 78,400 SQUARE FOOT ASSEMBLY AND WAREHOUSE FACILITY DEVELOPMENT PROPOSAL BE IT RESOLVED that the City of Monticello act as the legal sponsor for the project contained in the Minnesota Investment Fund Application to be submitted on or about June 28, 2022, and that Mayor, Lloyd Hilgart and City Administrator, Rachel Leonard, are hereby authorized to apply to the Department of Employment and Economic Development (MN -DEED) for funding of this project on behalf of WiHa Tools; and BE IT FURTHER RESOLVED that the City of Monticello 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 Monticello 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 Monticello may enter into a Grant Contract with the State of Minnesota for the approved project, and that the City of Monticello 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 Monticello has obtained credit reports and credit information on WiHa Tools. Upon review by the City of Monticello and Kennedy and Graven, Chartered, no adverse findings or concerns regarding, but not limited to, tax liens, judgments, court actions, and filings with state, federal and other regulatory agencies were identified. Failure to disclose any such adverse information could result in revocation or other legal action. NOW, THEREFORE BE IT RESOLVED that Mayor, Lloyd Hilgart and City Administrator, Rachel Leonard, 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 City of Monticello. I CERTIFY THAT the above resolution was adopted by the City Council of the City of Monticello on this 27t" day of June, 2022. CITY OF MONTICELLO Lloyd Hilgart, Mayor ATTEST: J fifer Achreiter, City Clerk