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U <br />Supporting A Resolution of the Economic Development Authority of the City of Elk <br />River •• Creation Fund Application in Connection <br />Envision a r dba Sportech <br />WHEREAS, The Economic Development Authority of the City of Elk River desires to <br />assist Envision Company, a Limited Liability Corporation, which is proposing to construct a <br />facility in the city; and, <br />WHEREAS, Envision Company is the legal name of Sportech; and, <br />WHEREAS, the Economic Development Authority of the City of Elk River understands <br />that Sportech , through and with the support of the city, intends to submit to the Minnesota <br />Department of Employment and Economic Development an application for an award <br />and /or rebate from the Job Creation Fund Program; and, <br />40 WHEREAS, the Economic Development Authority of the City of Elk River held a public <br />meeting on February 17, 2015, to consider this matter. <br />NOW, THEREFORE, BE IT RESOLVED by the Economic Development Authority <br />of the City of Elk River, Minnesota, as follows: that, after due consideration, the Economic <br />development Authority of the City of Elk River, Minnesota, hereby express their support of <br />the project proposed by Sportech and its application for an award and /or rebate from the <br />Job Creation Fund Program. <br />Passed and adopted this 17"' day of February 2015. <br />Dan Tveite, President <br />ATTEST: <br />Je my B hart, Executive Director <br />1 <br />