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Res 1997-110 C^193 RESOLUTION NO. 110 - 1997 RESOLUTION OF THE CITY OF FRIDLEY, MINNESOTA, AUTHORIZING APPLICATION BY THE CITY FOR A GRANT ON BEHALF OF ONAN CORPORATION BE IT RESOLVED that the City of Fridley, Minnesota, act as the legal sponsor for the project contained in the Business and Community Development Application to be submitted on December 15, and that William W. Burns, City Manager, is hereby authorized to apply to the Department of Trade and Economic Development for funding of this project on behalf of Onan Corporation. BE IT FURTHER RESOLVED that the City of Fridley, Minnesota, has the legal authority to apply for financial assistance. BE IT FURTHER RESOLVED that Onan Corporation has not incurred any costs, has not entered into any written agreements to purchase property. BE IT FURTHER RESOLVED that Onan Corporation has not violated any federal, state, or local laws pertaining to fraud, bribery, graft, 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 Fridley, Minnesota, may enter into an agreement with the State of Minnesota for the above-referenced project, and that the III City of Fridley, Minnesota, certifies that it will comply with all applicable laws and regulations as stated in all contract agreements and described on the Compliances Section (FP-20) of the Business and Community Development Application. AS APPLICABLE, BE IT FURTHER RESOLVED that the City of Fridley, Minnesota, has obtained credit reports and credit information from Onan Corporation and its officers. Upon review by the City of Fridley, Minnesota, and Frederic W. Knaak, City Attorney, 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 William W. Burns, City Manager, is hereby authorized to execute such agreements as are necessary to implement the project on behalf of the applicant. PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 24TH DAY OF NOVEMBER, 1997 . N l s`L "e6r)A-` C 0 S v - MAYOR ATTEST: iii..40.,,,....' a ,WILLIAM A. CHAMPA - CITY CLERK