HomeMy WebLinkAboutEDA Resolution No. 2024-25RESOLUTTON NO.2024-2S
A RESOTUTION OF THE ECONOMIC DEVELOPMENT AUTHORIW OF COTUMBIA HEIGHTS, MINNESOTA,
APPROVING THE FORM AND SUBSTANCE OF THE FACADE IMPROVEMENT GRANT AGREEMENT, AND
APPROVING AUTHORITY STAFF AND OFFICIALS TO TAKE Att ACTIONS NECESSARY TO ENTER THE AUTHORITY
INTO FA9ADE IMPROVEMENT GRANT AGREEMENT WITH KTJ PROPERW TTC
WHEREAS, the City of Columbia Heights (the "City") and the Columbia Heights Economic Development
Authority (the "Authority") have collaborated to create a certain Fagade lmprovement Grant Program (the
"Program"); and
WHEREAS, pursuant to guidelines established for the Program, the Authority is to award and administer a
series of grants to eligible commercial property owners and/or tenants for the purposes of revitalizing existing
store fronts, increasing business vitality and economic performance, and decreasing criminal activity along
Central Avenue Northeast, in the City's Business districts, pursuant to a Faqade lmprovement Grant
Agreement with various property owners and/or tenants; and
WHEREAS, pursuant to the Program, the City is to coordinate a surveillance camera monitoring program by
placing surveillance cameras on some of the storefronts that are part of the Program for the purposes of
improving public safety in and around the Central Business District; and
WHEREAS, the Authority has thoroughly reviewed copies ofthe proposed form ofthe Grant Agreement.
NOW, THEREFORE BE lT RESOTVED that, after appropriate examination and due consideration, the
Authority
1. approves the form and substance of the grant agreement, and approves the Authority entering into
the agreement with KTJ Property LLC
2. that the City Manager, as the Executive Director ofthe Authority, is hereby authorized, empowered,
and directed for and on behalf of the Authority to enter into the Srant agreement.
3. that the City Manager, as the Executive Director of the Authority, is hereby authorized and directed to
execute and take such action as they deem necessary and appropriate to carry out the purpose of the
foregoing resolution.
ORDER OF ECONOMIC DEVETOPMENT AUTHORITY
re
Presiden
Atte
Adopted this 7th day of October, 2024
Resolution 2024-25
Offered by:
Seconded by:
Roll Call: