RES 2005-63 - 00013512RESOLUTION NO. 2005 -63
RESOLUTION AUTHORIZING APPLICATION FOR THE TAX BASE
REVITALIZATION ACCOUNT
WHEREAS, the City of Fridley in a participant in the Livable Communities Act's Housing
Incentives Program for 1996 as determined by the Metropolitan Council, and is therefore eligible
to make application for funds under the Tax Base Revitalization Account; and
WHERAS, the City has identified a clean -up project within the City that meets the Tax Base
Revitalization account's purpose /s and criteria; and
WHERAS, the City has the institutional, managerial and financial capability to ensure adequate
project administration; and
WHERAS, the City certifies that it will comply with all applicable laws and regulations as stated
in the contract agreements; and
WHEREAS, the City Council of Fridley, Minnesota agrees to act as legal sponsor for the project
contained in the Tax Base Revitalization grant application submitted on November 1, 2005 ;
BE IT FURTHER RESOLVED, that 7LT East River Road, LLC is hereby authorized to apply
to the Metropolitan Council for this funding on behalf of the City of Fridley and 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 OCTOBER, 2005.
SCOTT JVLL&D — AYOR
ATTEST: