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City Council Resolution 2011-103CITY OF MONTICELLO MONTICELLO ECONOMIC DEVELOPMENT AUTHORITY WRIGHT COUNTY, MINNESOTA RESOLUTION NO. 2011-103 APPROVING SUPPORT OF AN APPLICATION FOR A REDEVELOPMENT GRANT THROUGH DEED AND COMMITTING TO MATCHING FUNDS WHEREAS, the City of Monticello and the Monticello Economic Development Authority act as the legal sponsor of the Embracing Downtown redevelopment project contained in the Redevelopment Grant Program to be submitted on January 3, 2012, and the Executive Director for the Monticello Economic Development Authority is hereby authorized to apply to the Department of Employment and Economic Development for funding of this project on behalf of the City of Monticello; and WHEREAS, the City of Monticello has the legal authority to apply for financial assistance, and has the institutional, managerial, and financial capability to ensure adequate project administration; and WHEREAS, the sources and amounts of the local match identified in the application are committed to the project identified; and WHEREAS, the City of Monticello has not violated any Federal, State or local laws pertaining to fraud, bribery, graft, kickbacks, collusion, conflict of interest or other unlawful or corrupt practice; and WHEREAS, upon approval of its application by the State, the City of Monticello and/or the Monticello Economic Development Authority may enter into an agreement with the State of Minnesota for the above referenced project(s), and that the City of Monticello certifies that it will comply with all applicable laws and regulation as stated in all contract agreements. NOW, THEREFORE BE IT RESOLVED, that the Mayor and City Administrator, are hereby authorized to execute such agreements as are necessary to implement the project on behalf of the applicant. I CERTIFY that the above resolution was adopted by the Monticello Economic Development Authority of the City of Monticello on November 9, 2011. SIGNED: FARI , 2 wir WE AP Ow I EDA President Date://-- // — WITNESSED: Econo�iDe` velopment Director17 Date: // –`/ —11