BY COUNCILOR GILBERT:
BE IT RESOLVED, that the city of Duluth (the city) act as the legal sponsor for project(s) contained in the redevelopment grant program to be submitted on December 31, 2005, and that the mayor and the city clerk are hereby authorized to apply to the department of employment and economic development for a grant in the amount of up to $750,000 for funding of this project on behalf of Cirrus Design Corporation and to accept said grant if awarded.
BE IT FURTHER RESOLVED, that the city has the legal authority to apply for financial assistance, and the institutional, managerial and financial capability to ensure adequate project administration.
BE IT FURTHER RESOLVED, that the sources and amounts of the local match identified in the application are committed to the project identified. The source of match shall be provided by St. Louis County community development block grant (CDBG) economic development set-aside accounts from FY 2004, 2005 and 2006, and St. Louis County economic development funds.
BE IT FURTHER RESOLVED, that the city 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 may enter into a grant agreement with the state of Minnesota for the above referenced project(s) and that the city certifies that it will comply with all applicable laws and regulation as stated in the grant agreement(s).
STATEMENT OF PURPOSE: The purpose of this resolution is to authorize an application for a redevelopment fund grant related to the Cirrus expansion.