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City Council Resolution 1983-77RESOLUTION 1983 #77 WHEREAS, the City of Monticello has been declared a distressed City by the Department of Housing and Urban Development, and; WHEREAS, said declaration permits the City to pursue eligibility and financial assistance through the Urban Development Action Grant Program, and; WHEREAS, Fulfillment Systems, Inc. has presented an industrial develop- ment proposal to the City which would require UDAG assistance to complete, and; WHEREAS, it has been determined that the proposal by Fulfillment Systems, Inc. would create a substantial number of employment opportunities for low and moderate income persons in the community. NOW THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF MONTICELLO, that an application for an Urban Development Action Grant be prepared and submitted to the Department of Housing and Urban Development. BE IT FURTHER RESOLVED, that the Mayor and City Administrator execute said application, and negotiate a development agreement with Fulfill- ment Systems, Inc. Adopted this 22nd day of August, 1983. ~~"""~~ , .~- ~~ Arve A. Grimsmo, Mayor Thomas A. Eidem City Administrator