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RES 2006-25 - 00013712RESOLUTION NO. 2006 -25 RESOLUTION AUTHORIZING APPLICATION FOR THE TAX BASE REVITALIZATION ACCOUNT WHEREAS, the City of Fridley is 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 May 1, 2006 ; BE IT FURTHER RESOLVED, that JLT 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 APRIL, 2006. SCOTT J. L — MAYOR ATTEST: "dAoqo_�? DEBRA A. SKOGEN — C10Y CLERK