2021-050 Resolution Approving Hopkins Business Retention Pilot Program CITY OF HOPKINS
HENNEPIN COUNTY, MINNESOTA
RESOLUTION 2021-050
RESOLUTION APRROVING HOPKINS BUSINESS
RETENTION PILOT PROGRAM
WHEREAS, Hopkins Businesses have been displaced due to redevelopment projects approved
by City Council and given limited notices to vacate ; and
WHEREAS, due to these occurrences Hopkins Business will be impacted and experience
financial or other hardships;
NOW THEREFORE BE IT RESOLVED, that the City Council of the City of Hopkins,
Minnesota, that:
1. The City will establish a Business Retention Pilot Program to encourage Hopkins
Businesses to remain in Hopkins by providing a reimbursement of up to $3,000 for
capital costs at the business new commercial space. The City authorizes a total of up to
$24,000 to be used for the program.
2. The City Manager and staff are hereby authorized and directed to create such program
and enter into agreements.
Adopted by the City Council of the City of Hopkins this 7th day of September, 2021.
By.
OPcin—Gadd, Mayor
ATTEST: A
CtAktu-e
Amy Domeier, City Clerk