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2002-090 CITY OF HOPKINS HENNEPIN COUNTY, MINNESOTA RESOLUTION 2002-90 RESOLUTION AUTHORIZING APPLICATION FOR FUNDS UNDER THE TAX BASE REVITALIZATION ACCOUNT OF THE METROPOLITAN COUNCIL WHEREAS the City Council of the City of Hopkins has the power and authority to adopt from time to time programs for the promotion of public health, safety and welfare, such as programs related to the cleanup of contaminated sites and potentially hazardous materials; and WHEREAS the City of Hopkins is a participant in the Livable Communities Act Housing Incentives Program of the Metropolitan Council, and is therefore eligible to make application for funds under the Tax Base Revitalization Account; and WHEREAS the City of Hopkins has identified a cleanup project within the City that meets the purpose and criteria of the Tax Base Revitalization Account; and WHEREAS the City has the institutional, managerial and financial capability to ensure adequate project administration; and NOW, THEREFORE, BE IT RESOLVED, that the City of Hopkins agrees to act as legal sponsor for the Excelsior Tech Center project detailed in the Tax Base Revitalization Account grant application submitted on November 1, 2002; BE IT FURTHER RESOLVED, that the foregoing Resolution is adopted on the condition that Hopkins Mainstreet II, LLC shall agree to pay all legal and consulting costs incurred by the City of Hopkins relating to the grant application process, the subsequent administration of any funds received, and for the preparation and/or review of reports required to be submitted to the Metropolitan Council. AdoRted by the City Council of the City of Hopkins, Minnesota, this 1 6 ~ day of Oc fobe(' , 2002. ~~~