HomeMy WebLinkAboutJanuary 19, 2016 EDA
Date - Batch (Julian)Page 1 of 1
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Project
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Description
GRAND TOTAL
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Total Amount
51.1423,764.50250.00968.605,567.081.8479.5242.0025.00445.00
31,194.68
Ck Date
GL Date
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ECONOMIC DEVELOPMENT AUTHORITY FOR THE CITY OF SHAKOPEE
RESOLUTION NO. 16.1
RESOLUTION REGARDING THE AUTHORIZATION AND APPROVAL FOR A
SCOTT COUNTY COMMUNITY DEVELOPMENT AGENCY (CDA) 2016ECONOMIC
DEVELOPMENT INCENTIVE GRANT APPLICATION AND GRANT AGREEMENT
WHEREAS, the Economic Development Authority for the City of Shakopee, Minnesota(the
“Authority”)has identified a proposed project within the City that meets the Scott County
Community Development Agency (CDA) 2016Economic Development Incentive Grant
program’s purposes and criteria; and
WHEREAS, the Authorityhas established a Development or Redevelopment Plan of which the
proposed project is a component; and
WHEREAS, the Authorityhas the capability and capacity to ensure the proposed project be
completed and administered within the Economic Development Incentive Grant program
guidelines; and
WHEREAS, the Authorityhas the legal authority to apply for financial assistance; and
WHEREAS, the Authorityis supportive of enhancing economic development opportunities that
will serve to create jobs, enhance the tax base and improve the lives of Scott County residents.
NOW THEREFORE BE IT RESOLVED that the Economic Development Authority for the City
of Shakopee, Minnesota approves the application for funding from the Scott County CDA
Economic Development Incentive Grant program.
BE IT FURTHER RESOLVED that upon approval of its application by the Scott County CDA,
the President and Executive Director of the Authorityare authorized to execute such agreements
and amendments theretoas are necessary to receive and use the funding for the proposed project.
st
Sworn and Executed Under My Hand this 19day of January, 2016
President
Executive Director