HomeMy WebLinkAboutResolution No. 2018-058 MnDEED Devevelopment Grant for 4500 France l e'1
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RESOLUTION NO. 2018-58
AUTHORIZING MINNESOTA DEPARTMENT OF EMPLOYMENT AND ECONOMIC
DEVELOPMENT GRANT APPLICATION FOR 4500 FRANCE AVENUE
BE IT RESOLVED by the City Council of the City of Edina, Minnesota, as follows:
WHEREAS, the City of Edina is a statutory city eligible to apply for grant funding; and
WHEREAS, the State of Minnesota Department of Employment and Economic Development is
soliciting requests for grant applications to further redevelopment and employment goals; and
WHEREAS, the City of Edina has identified Orion Investment's 4500 France Apartments (the
"Project") proposed to be built at 4500 France Avenue as a project that satisfies the Redevelopment
Grant purpose and criteria; and
WHEREAS, the site is vacant and considered to be obsolete in the marketplace; and
WHEREAS, it is apparent that the property's condition and value will continue to decline until it
is properly repositioned and that the site appears unable to be returned to a highest and best use
without grant assistance; and
WHEREAS, the developer has committed to providing the local match in order to qualify for
grant assistance.
BE IT RESOLVED that the City of Edina act as the legal sponsor for project contained in the
Redevelopment Grant Program to be submitted on August 1, 2018 and that Mayor James B. Hovland is
hereby authorized to apply to the Department of Employment and Economic Development for funding
of this project on behalf of the City of Edina.
BE IT FURTHER RESOLVED that the City of Edina 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.
CITY OF EDINA
4801 West 50th Street.Edina,Minnesota 55424
www.EdinaMN.gov•952-927-8861 . Fax 952-826-0389
BE IT FURTHER RESOLVED that if the 4500 France Apartment project fails to substantially
provide the public benefits listed in the application within five years from the date of the grant award,
the City of Edina may be required to repay 100 percent of the awarded grant per Minn. Stat. 1 I6J.575
Subd. 4.
BE IT FURTHER RESOLVED that the City of Edina 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.
BE IT FURTHER RESOLVED that upon approval of its application by the state, the City of Edina
may enter into an agreement with the State of Minnesota for the above referenced project(s), and that
the City of Edina certifies that it will comply with all applicable laws and regulation as stated in all
contract agreements.
NOW, THEREFORE BE IT RESOLVED that the Mayor and ke Clerk are hereby authorized to
execute such agreements as are necessary to implement the proje t n behalf of the applicant.
Adopted by the Edina City Council this 17th day of July, 2018.
Attest: 1 �
b . Man n, ity ler James . Hovland, Mayor
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 City Council Minutes is a true and correct copy of the Resolution duly adopted by the Edina City
Council at its regular meeting of July 17,2018,and as recorded in the Minutes of said regular meeting.
WITNESS, my hand and seal of said City this day of 2018•
Debra A. Mangen, City Clerk