HomeMy WebLinkAbout2017-92RESOLUTION NO. 2017 -92
TRANSPORTATION AND ECONOMIC DEVELOPMENT PROGRAM APPLICATION
BE IT RESOLVED that the City Council (the "Council ") for the City of Columbia Heights act as the legal sponsor for
the project contained in the Transportation Economic Development (TED) Program Application to be submitted on
September 15th, 2017 and that the Community Development Director and the City Manager are hereby authorized
to apply to the Minnesota Department of Transportation for funding of this project on behalf of the City of
Columbia Heights, MN.
BE IT FURTHER RESOLVED that the City of Columbia Heights, MN has the legal authority to apply for financial
assistance, and the institutional, managerial, and financial capability to ensure matching funds and adequate
construction of the proposed project.
BE IT FURTHER RESOLVED that the City of Columbia Heights, MN 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 Columbia Heights, MN may
enter into an agreement with the State of Minnesota for the above - referenced project, and that it will comply with
all applicable laws and regulations as stated in all contract agreements.
BE IT FURTHER RESOLVED that the City of Columbia Heights, MN has committed $814,551.16 towards the local
match requirement.
BE IT FURTHER RESOLVED that the City of Columbia Heights, MN confirms if the project cost increases above the
amount listed in the Application, the City of Columbia Heights, MN will provide or secure all additional funds
necessary to complete the project.
The City of Columbia Heights, MN certifies that it will comply with all applicable laws, regulations, and rules of the
Application.
BE IT FURTHER RESOLVED that the sources and uses, private investors, equity, and other financing commitment
represented in the attached document are accurate.
NOW, THEREFORE BE IT RESOLVED that the Community Development Director and the City Manager or their
successors in office, are hereby authorized to execute such agreements, and amendments thereto, as are
necessary to implement the project on behalf of the applicant.
Passed this 11th day of September, 2017
Offered by: Buesgens
Seconded by: Williams
Roll Call: Ayes; Schmitt, Buesgens, Williams and Nov'tsky
it j
Mayor
Attest:
Council Secretary /City Clerk