00-0261R

RESOLUTION AUTHORIZING THE SUBMITTAL OF A BROWNFIELD REDEVELOPMENT PROJECT GRANT APPLICATION TO THE MINNESOTA DEPARTMENT OF TRADE AND ECONOMIC DEVELOPMENT.

BY PRESIDENT GILBERT:

RESOLVED, that the city of Duluth act as the legal sponsor for a project contained in the redevelopment grant program to be submitted on April 12, 2000, and the mayor is hereby authorized to apply to the department of trade and economic development for funding of this project on behalf of the city of Duluth.

FURTHER RESOLVED, that the city of Duluth has the legal authority to apply for financial assistance, and the institutional, managerial, and financial capability to ensure adequate project administration.

FURTHER RESOLVED, that the sources and amounts of the local match identified in the application, which are not coming from city of Duluth funds, are committed to the project identified.

FURTHER RESOLVED, that the city of Duluth 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.

FURTHER RESOLVED, that upon approval of its application by the state, the city of Duluth may enter into an agreement with the state of Minnesota for the above referenced project, and that the city of Duluth certifies that it will comply with all applicable laws and regulations as stated in all contract agreements.

FURTHER RESOLVED, that the proper city officials are hereby authorized to execute such agreements as are necessary to the receipt of said grant on behalf of the city.



STATEMENT OF PURPOSE: This resolution would authorize the submittal of an application to the Minnesota department of trade & economic development for brownfield redevelopment funds in the approximate amount of $500,000 for the cleanup and reuse for light industrial purposes of a portion of the unused railroad property at the juncture of Garfield Avenue and I-35. Grant funds, if received, would be matched by the private property developer's equity investment, with the city participating with tax increment financing for industrial infrastructure site improvements.