HomeMy WebLinkAbout12-032CITY OF LAKEVILLE
RESOLUTION NO. 12 -32
RESOLUTION APPROVING APPLICATION AND LOCAL MATCH FOR THE DEED
INNOVATIVE BDPI GRANT PROGRAM
AIRLAKE 70 INDUSTRIAL DEVELOPMENT
WHEREAS, the City of Lakeville acts as the legal sponsor for project(s) contained in
the Business Development Infrastructure Application to be submitted on April 3, 2012.
WHEREAS, the City of Lakeville has the legal authority to apply for financial
assistance, and the institutional, managerial, and financial capability to ensure matching
funds, adequate construction, operation, maintenance and replacement of the
proposed project for its design life.
WHEREAS, the City of Lakeville has not violated any Federal, State, or local laws
pertaining to fraud, bribery, kickbacks, collusion, conflict of interest or other unlawful or
corrupt practice.
WHEREAS, upon approval of its application by the state, the City of Lakeville may enter
into an agreement with the State of Minnesota for the above - referenced project(s), and
will comply with all applicable laws and regulations as stated in all contract agreements.
WHEREAS, upon approval of its application by the state, the City of Lakeville will
commit $585,944 towards the local match requirement.
WHEREAS, the City of Lakeville will repay the grant if milestones are not realized by
the completion date identified in the application.
WHEREAS, the City of Lakeville will comply with all applicable laws, regulations, and
rules of the Business Development Infrastructure Application.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lakeville that
a Business Development Public Infrastructure grant application shall be submitted to
the Minnesota Department of Employment and Economic Development for the Airlake
70 Industrial Development project.
DATED this 2 nd day of April 2012.
Mark Bellows, Mayor
Charlene Friedqes, CitVIClerk