Resolution 18-06 Accepting Funding
AUTHORIZING RECEIPT OF FUNDS AND AUTHORIZED SIGNATURES
BE IT RESOLVED that City of Mountain Iron act as the legal sponsor for project contained in State Bonding Bill entitled Mt. Iron: Sustainable & Renewable Energy Park.
BE IT FURTHER RESOLVED that City of Mountain Iron has the legal authority to receive 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 development proposal are committed to the project identified.
BE IT FURTHER RESOLVED that City of Mountain Iron 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 development proposal by the state, City of Mountain Iron may enter into an agreement with the State of Minnesota for the above-referenced project, and that City of Mountain Iron certifies that it will comply with all applicable laws and regulation as stated in all contract agreements.
BE IT FURTHER RESOLVED that Mayor and City Administrator are hereby authorized to execute such agreements as are necessary to implement the project on behalf of the City of Mountain Iron.
DULY ADOPTED BY THE CITY COUNCIL THIS 17th DAY OF JULY, 2006.