HomeMy WebLinkAboutResolution No. 238-15 - SonexHealth:EconomicDevFundRequestRESOLUTION
BE IT RESOLVED by the Common Council of the City of Rochester that the City approve of
the Rochester Area Economic Development, Inc.'s recommendation to provide a $100,000 loan to
Sonex Health, LLC.
BE IT FURTHER RESOLVED that the City approve of a Business Subsidy Agreement with
Sonex Health, LLC.
The Mayor, City Clerk and Finance Director are authorized to execute the agreement and
any other documents needed to implement this resolution.
PASSED AND ADOPTED BY THE COMMON COUNCIL OF THE CITY OF
ROCHESTER, MINNESOTA, THIS
ATTEST:
CITY CLERK
DAY OF , 2015.
PRESIDENT OF SAID COMMON COUNCIL
APPROVED THIS DAY OF , 2015.
MAYOR OF SAID CITY
(Seal of the City of
Rochester, Minnesota)
Res15Wpprove\RAEDI Loan2