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HomeMy WebLinkAbout18-168CITY OF LAKEVILLE RESOLUTION NO. 18-168 RESOLUTION AUTHORIZING SUBMITTAL OF A MINNESOTA INVESTMENT FUND APPLICATION ON BEHALF OF QA1 PRECISION PRODUCTS INC. BE IT RESOLVED that the City of Lakeville act as the legal sponsor for the project contained in the Minnesota Investment Fund Application to be submitted on or about December 17, 2018 and that Mayor Doug Anderson and City Administrator Justin Miller are hereby authorized to apply to the Department of Employment and Economic Development for funding of this project on behalf of QA1 Precision Products, Inc. BE IT FURTHER RESOLVED that the City of Lakeville has the legal authority to apply for financial assistance, and the institutional, managerial, and financial capability to administer the proposed project. BE IT FURTHER RESOLVED that 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. BE IT FURTHER RESOLVED that upon approval of its application by the State, the City of Lakeville may enter into a Grant Contract with the State of Minnesota for the approved project, and that the City of Lakeville certifies that it will comply with all applicable laws, statutes, regulations and rules as stated in the Grant Contract and described in the Project Compliance Certification of the Application. AS APPLICABLE, BE IT FURTHER RESOLVED that the City of Lakeville has obtained credit reports and credit information on QA1 Precision Products, Inc. and Betty Jordan and James Jordan, Jr.. Upon review by the City of Lakeville and Campbell Knutson, no adverse findings or concerns regarding, but not limited to, tax liens, judgments, court actions, and filings with state, federal and other regulatory agencies were identified. Failure to disclose any such adverse information could result in revocation or other legal action. NOW, THEREFORE BE IT RESOLVED that Mayor Doug Anderson and City Administrator Justin Miller, or their successors in office, are hereby authorized to execute the Grant Contract and amendments, thereto, as are necessary to implement the project on behalf of the City of Lakeville. ADOPTED by the Lakeville City Council this 17th day of December 2018 Douglas .Anderson, Mayor Charlene Friedges, City Cl I CERTIFY THAT the above resolution was adopted by the City Council of the City of Lakeville on December 17, 2018. Charlene Friedges, City Clerk