Resolution Number 15-12 Grant Application
RESOLUTION NUMBER 15-12
BUSINESS DEVELOPMENT CAPITAL PROJECTS GRANT PROGRAM
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF MOUNTAIN IRON, MINNESOTA that the City of Mountain Iron acts as the legal sponsor for the project contained in the Business Development Capital Projects Grant Program Application to be submitted on June 22, 2012 and that the Mayor and the City Administrator are hereby authorized to apply to the Department of Employment and Economic Development for funding of this project on behalf of the City of Mountain Iron.
BE IT FURTHER RESOLVED that the City of Mountain Iron has the legal authority to apply for financial assistance, and the institutional, managerial, and financial capability to ensure adequate construction, operation, maintenance and replacement of the proposed project for its useful life.
BE IT FURTHER RESOLVED that the City of Mountain Iron has not violated any federal, state, or local laws pertaining to fraud, bribery, kickbacks, collusion, conflict of interest or other unlawful or corrupt practice.
BE IT FURTHER RESOLVED that upon approval of its application by the State, City of Mountain Iron, may enter into an agreement with the State of Minnesota for the above-referenced project, and the City of Mountain Iron certifies that it will comply with all applicable laws and regulations as stated in all contract agreements.
BE IT FURTHER RESOLVED that all non-state funding is committed and available and meets or exceeds the requirement that the non-state match equal or exceed the state funding.
BE IT FURTHER RESOLVED that the City of Mountain Iron certifies that it will comply with all applicable laws, regulations, and rules of General Obligation bond funds.
BE IT FURTHER RESOLVED that the Mayor and the City Administrator, 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.
DULY ADOPTED BY THE CITY COUNCIL THIS 16th DAY OF JUNE, 2012.
Mayor Gary Skalko