HomeMy WebLinkAboutResolution No. 516-07 RESOLUTION 07
MINNESOTA DEPARTMENT OF EMPLOYMENT AND ECONOMIC DEVELOPMENT
BUSINESS RECOVERY LOAN PROGRAM FOR FLOOD IMPACTED BUSINESSES
WHEREAS, the City of Rochester has submitted a Flood Recovery Common
Community Application to the Department of Employment and Economic Development
for funding under the Minnesota Investment Fund on behalf of businesses affected by
the August 18-19, 2007 flooding event within the City of Rochester; and
WHEREAS, 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 ,
NOW, THEREFORE, BE IT RESOLVED that Mayor Ardell F. Brede and City
Clerk Judy K. Scherr, 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 City of Rochester.
PASSED AND ADOPTED BY THE COMMON COUNCIL OF THE CITY OF
ROCHESTER, MINNESOTA, THIS 977-f DAY OF OME5E� 2007.
PRESIDENT OF SAID COMMON COUNCIL
ATTEST:
C LERK
APPROVED THIS DAY OF , 2007.
MAYOR OF SAID CITY
(Seal,of the-City of
Rohe ter, Minriesca)
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