HomeMy WebLinkAboutResolution No. 2019-45 Authorizing DEED Grant AgreementRESOLUTION NO. 2019-45
AUTHORIZING EXECUTION OF
MINNESOTA DEPARTMENT OF EMPLOYMENT AND ECONOMIC DEVELOPMENT
GRANT AGREEMENT
WHEREAS, the City of Edina, on behalf of France Equities, LLC, France Equities II, LLC and CPEC Exchange
39560 & 39561, LLC, has applied for and received a grant under the Redevelopment Grant Program in the amount of
$500,000.00 to redevelop property located at 7200-7250 France Avenue South. The site will be the location of the 7200-
7250 France Avenue Apartment project.
NOW, THEREFORE, BE IT RESOLVED THAT the Edina City Council hereby accepts Grant No. RDGP-
19-0009-o-FYI9 and authorizes and directs the Mayor and City Manager to sign the grant agreement on its behalf.
Passed and adopted y of June, 2019.
Attest
Sharon Allison, City Clerk -tarrres-BrI-Irro+arrell Mayor
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STATE OF MINNESOTA )
COUNTY OF HENNEPIN) SS
CITY OF EDINA
CERTIFICATE OF CITY CLERK
I, the undersigned duly appointed and acting City Clerk for the City of Edina do hereby certify that the attached and
foregoing Resolution was duly adopted by the Edina City Council at its Regular Meeting of June 4, 2019, and as recorded
in the Minutes of said Regular Meeting.
WITNESS my hand and seal of said City this day of
City Clerk
CITY OF EDINA
4801 West 50th Street • Edina, Minnesota 55424