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HomeMy WebLinkAboutResolution No. 244-12 A RESOLUTION OF THE CITY OF ROCHESTER, MINNESOTA BUSINESS DEVELOPMENT CAPITAL PROJECTS GRANT PROGRAM BE IT RESOLVED, that the City of Rochester will act as the legal sponsor for the project contained in the Business Development Capital Projects Grant Program Application to be submitted on June 26, 2012, and that Mayor Ardell F. Brede and Council President Dennis Hanson are hereby authorized to apply to the Department of Employment and Economic Development for funding of this project on behalf of the City of Rochester; and, BE IT FURTHER RESOLVED, that the City of Rochester has the legal authority to apply for financial assistance, and the institutional, managerial, and financial capability to ensure adequate construction, operation, maintenance and replacement of the proposed project for its useful life; and, BE IT FURTHER RESOLVED, that the City of Rochester has not violated any federal, state, or local laws pertaining to fraud, bribery, kickbacks, collusion, conflict of interest or other unlawful or corrupt practice; and, 0! BE IT FURTHER RESOLVED, that upon approval of its application by the state, the City of Rochester may enter into an agreement with the State of Minnesota for the above-referenced project and the City of Rochester certifies that it will comply with all applicable laws and regulations as stated in all contract agreements; and, BE IT FURTHER RESOLVED, that all nonstate funding is committed and available and meets or exceeds the requirement that the non-state match equal or exceed the state funding; and, BE IT FURTHER RESOLVED, that the City of Rochester certifies that it will comply with all applicable laws, regulations, and rules of General Obligation bond funds. NOW, THEREFORE, BE IT RESOLVED that Mayor Ardell F. Brede and Council President Dennis Hanson, or their successors in office, are hereby authorized to execute such agreements, and amendments thereto, as are necessary to implement the project on behalf of the applicant. • • PASSED AND ADOPTED BY THE COMMON COUNCIL OF THE CITY OF ROCHESTER, MINNESOTA, THIS Y F CAC 12. RES DENT OF SAID COMMON COUNCIL ATTEST: CITY CLERK APPROVED THIS g; M DAY OF C;906 , 2012. MAYOR OF SAID CITY I CERTIFY THAT the above resolution was adopted by the Common Council of the City of Rochester on June 4, 2012. City Jerk Dated: (Seal of the City of Rochester, Minnesota) Resl0\Resolu.BusDevCapGrantPgm •