Loading...
HomeMy WebLinkAboutEDA Resolution No. 2025-16RESOLUTTON NO.2025-15 A RESOTUTION OF THE ECONOMIC DEVELOPMENT AUTHORITY OF COLUMBIA HEIGHTS, MINNESOTA, APPROVING THE FORM AND SUBSTANCE OF THE FACADE IMPROVEMENT GRANT AGREEMENT, AND APPROVING AUTHORIW STAFF AND OFFICIATS TO TAKE ATt ACTIONS NECESSARY TO ENTER THE AUTHORITY |NTO A FAgADE TMPROVEMENT GRANT AGREEMENT W|TH T5 COIUMBIA HETGHTS LLC (TAKE 5) 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 storefronts, increasing business vitality and economic performance, and decreasing criminal activity along Central Avenue Northeast and in the City's Business districts, pursuant to a Fagade lmprovement Grant Agreement with various property owners and/or tenants; and WHEREAS, pursuant to the Program, the City ls to coordinate a surveillance camera monitoring program by placing surveillance cameras on some ofthe storefronts that are part ofthe Program forthe purposes of improving public safety in and around the Central Business District; and WHEREAS, the Authority has thoroughly reviewed copies of the proposed form of the 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 T5 Columbia Heights LLC (Take 5). 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 Grant Agreement. 3. that the City Manager, as the Executive Director ofthe 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 OEVELOPMENT AUTHORITY ret Presid ent Atte s Adopted this 7th day of )uly, 2o25 Offered by: Seconded by: Roll Call: Resofution 2025-76