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RESOLUTION 96- 9 <br /> <br />A RESOLUTION FOR THE CITY OF ELK RIVER, MINNESOTA <br /> <br />A RESOLUTION OF SUPPORT TO THE CENTRAL MINNESOTA <br /> INITIATIVE FUND (MARKETECH, INC.) <br /> <br />pursuant to the provisions and requirements of the 1987 Rural <br />and Economic Development Act, the local governing unit ("The <br />City of Elk River") is required to issue a Sponsoring Resolution <br />on behsW of businesses requesting 6nancing through the <br />Central Minnesota Initiative Fund's partnership with the <br />State of Minnesota's Challenge Grant Program; and, <br /> <br />WHEREAS, the City of Elk River has received a request to issue a <br /> resolution on behalf of Marketech, Inc.; and, <br /> <br />WHEREAS, <br /> <br />it is consistent with the purpose of the City of Elk River to <br />encourage employment, enhance the tax base, and create more <br />opportunity for its residents. <br /> <br />NOW, THEREFORE, BE IT RESOLVED that the City of Elk River <br />supports the project submitted by Marketech, Inc., to the Central Minnesota <br />Initiative Fund's partnership with the State of Minnesota's Chaklenge Grant <br />Program. <br /> <br />Passed and adopted by the City Council of the City of Elk River, Minnesota <br />this 11th day of March, 1996. <br /> <br />~enry/~A. I~uitsman, Mayor <br /> <br />ATTEST: <br /> <br />Sandra A. Thackeray, Cit~_ Cle_r~ / <br />Minutes of the meeting of the City of Elk River adopting this resolution are attached hereto <br />and made a part hereof. <br /> <br /> <br />