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2014-008 Support DEED Application for Oxford GreenCITY OF HOPKINS HENNEPIN COUNTY, MINNESOTA RESOLUTION NO. 2014-008 RESOLUTION IN SUPPORT OF MINNESOTA DEPARTMENT OF EMPLOYMENT AND ECONOMIC DEVELOPMENT (DEED) FUNDING APPLICATION FOR OXFORD GREEN WHEREAS, the City of Hopkins (the City) is a local unit of government in the State of Minnesota and is eligible for a Redevelopment Grant for housing development activities from the Minnesota Department of Employment and Economic Development (DEED); and WHEREAS, the City has identified a proposed housing development project within the City that meets the stated purpose and criteria of DEED Redevelopment Grant Funds; and WHEREAS, the proposed housing development project has been proposed by Project for Pride in Living, Inc., a Minnesota Nonprofit Corporation (the Developer), is located at the southeast corner of the intersection of Blake Road and Oxford Street, and will entail the new construction of approximately fifty apartment units (the Project); and WHEREAS, the City and Developer wish to apply to DEED for a Redevelopment Grant (the Funding Award) to fund applicable Project costs, including but not limited to, water and sewer connections and public sidewalks; and WHEREAS, applications for Funding Awards from DEED must be made by local units of government; and WHEREAS, only a limited amount of award funds are available through DEED during each funding cycle and DEED has determined it appropriate to allocate those scarce funds only to eligible projects that would not occur without the availability of the Funding Award. NOW THEREFORE BE IT RESOLVED, that the City of Hopkins acts as the legal sponsor for the Project contained in the Redevelopment Grant Program to be submitted on February 3 d, 2014 and that the City Manager is hereby authorized to apply to the Department of Employment and Economic Development for funding of this project on behalf of the City. BE IT FURTHER RESOLVED that the City has the legal authority to apply for 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 application are committed to the project identified. BE IT FURTHER RESOLVED that the City 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. Resolution No. 2014-008 Page 2 BE IT FURTHER RESOLVED that upon approval of its application by the state, the City may enter into an agreement with the State of Minnesota for the above referenced project(s), and that the City certifies that it will comply with all applicable laws and regulation as stated in all contract agreements. NOW, THEREFORE BE IT FINALLY RESOLVED that the Mayor and the Clerk, are hereby authorized to execute such agreements as are necessary to implement the project on behalf of the applicant. Adopted by the City Council of the City of Hopkins this 18'' day of February, 2014. By: Eugene J. Mhxwell, Mayor ATTEST: Kristine A. Luedke, City Clerk