City Council Resolution 1992-19RESOLUTION 92- 19
SPONSORING UNIT OF GOVERNMENT RESOLUTION
WHEREAS, pursuant to the provisions and requirements of 1987 Rural
and Economic Development Act, the local governing unit is required
to issue a Sponsoring Resolution on behalf of businesses requesting
financing through the Central Minnesota Initiative Fund's
partnership with the State of Minnesota's Challenge Grant Program;
and
WHEREAS, this body has received a request to issue a resolution on
behalf of Suburban Machine & Manufacturing, Inc.; and
WHEREAS, it is consistent with the purpose of this local governing
unit to encourage employment, enhance the tax base, and create more
opportunity for its residents.
BE IT RESOLVED that this local governing unit supports the project
submitted by Suburban Machine & Manufacturing, Inc., to the Central
Minnesota Initiative Fund's partnership with the State of
Minnesota's Challenge Grant Program.
Minutes of the meeting of this local governing unit adopting this
resolution are attached hereto and made a part hereof.
Adopted this 27th day of July, 1992.
6
ayor
• ,.r._ --
City Admini rator