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City Council Resolution 2021-16CITY OF MONTICELLO RESOLUTION NO. 2021-16 RESOLUTION AUTHORIZING SUBMISSION OF A GRANT AGREEMENT WITH MN - DEED FOR A COMMUNITY ENERGY TRANSITION (CET) GRANT FOR COMPLETION OF THE MONTICELLO-STRATEGIC TRANSITION PLAN WHEREAS, The Minnesota Department of Employment and Economic Development (MN - DEED) Community Energy Transition (CET) Grant Program is a newly created funding assistance initiative to support Minnesota communities where major power generating facilities have recently closed or are scheduled to close in coming years; and WHEREAS, The City of Monticello applied to MN -DEED for grant assistance through the CET Grant program in the amount of $500,000 to fund a work scope creating and implementing the Monticello -Strategic Transition Plan (STP); and WHEREAS, The City of Monticello has been notified by MN -DEED that its CET Grant application submittal has been approved for the work scope completing the Monticello- Strategic Transition Plan (STP) in the amount of $500,000; NOW, THEREFORE, BE IT HEREBY RESOL VED BY THE CITY COUNCIL OF THE CITY OFMONTICELLO THAT. 1. The City of Monticello accepts the CET grant award from the MN -DEED in the amount of $500,000 for funding of the Monticello -Strategic Transition Plan project. 2. The fiscal agent for the City of Monticello for the CET grant funds is: Rachel Leonard City Administrator City of Monticello 505 Walnut Street, Suite #1 Monticello, MN 55362 Adopted by the Monticello City Council this 22nd day of February, 2021. ATTEST: Lloyd Hilgart, Mayor r �atx'-- Jleifer Schreiber, City Clerk