HomeMy WebLinkAboutEDA Resolution No. 2025-26RESOLUTTON NO. 2025-26
A RESOTUTION OF THE ECONOMIC DEVELOPMENT AUTHORITY OF COTUMBIA HEIGHTS, MINNESOTA,
APPROVING THE FORM AND SUBSTANCE OF THE FIRE SUPPRESSION GRANT AGREEMENT, AND APPROVING
AUTHORITY STAFF AND OFFICIATS TO TAKE ALL ACTIONS NECESSARY TO ENTER THE AUTHORITY INTO THE
FIRE SUPPRESSION GRANT AGREEMENT WITH SISTER BUD, TI.C.
WHEREAS, the City of Columbia Heights (the "City'') and the Columbia Heights Economic Development
Authority (the "Authority") have collaborated to create a certain Fire Suppression 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 or industrial property owners and/or tenants for the purposes of
revitalizing, rehabilitating, and restoring buildings, and increasing business vitality, economic performance,
and public safety; 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 sister Bud, LLC.
2. that the City Manager, as the Executive Director ofthe Authority, is hereby authorized, empowered
and directed for and on behalf ofthe Authority to enter into the grant 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 DEVELOPMENT AUTHORITY
Adopted this 6th day of October, 2025
Offered by:
Seconded by:
Roll Call:
President
Attest
Sec re
Reso lut.ion 2025-26