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City Council Resolution 2000-35CITY OF MONTICELLO RESOLUTION NO. 2000-35 SPONSORING UNIT OF GOVERNMENT RESOLUTION WHEREAS; pursuant to the provisions and requirements of the 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 Profile Powder Coating, 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 Profile Powder Coating, Inc. to the Central Minnesota Foundation'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. WITNESS: this 8" day of May, 2000. -71 r elsaas, Mayor ATTEST: Rick Wolfsteller, CIV Administrator