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T ~~~ 5~ <br />S L I T QTY F L ~ <br />LTN iVT T <br />Y T ~ LL DTI S <br />~" L P <br />IT S LV that the City of Elk River act as the legal sponsor fox the project <br />contained in the application to be submitted, and that the Mayor and Cit~r Administrator of <br />the Cite of Elk River, Minnesota are hereby authorized to apply to the Department of <br />Eznplo~rment and Economic Development for funding of this project on behalf of the Cit~r <br />of Ells River, <br />~ T that the Cit~T of Elk River and Duffy Development <br />Company will enter into a cooperative develop~x~ent and "pass through" giant agreement for <br />the development of Elk River Station Apartments the "Project"~, <br />~ ~J T S LV that the Cit~r of Elk River has the legal authoxit~F to appl~T <br />fox financial assistance and the institutional, managerial, and f nancial capability to ensure <br />adequate construction, operation, maintenance, and replacement of the proposed Project fox <br />its design life, <br />~T J LV that tl~e City of Elk Ri~rer leas not violated any Federal, <br />State, or local laws pertaining to fraud, bribery, graft, kickbacks, collusion, conflict of <br />interest, or other unlawful or corrupt practice, <br />~' T V that upon appro~ral of its application by the State of <br />Minnesota, the City of Elk River may enter into an agreement with the State of Minnesota <br />fox the approved Project, and that the City of Elk River certifies that it will comply with all <br />applicable laws and regulations as stated in all contract agreements. <br />~T S V by the City Council of the City of Elk <br />River, Minnesota that the Ma~ror and City Administrator of the City of Elk <br />Ri~Ter, or their successors in office, are hereby authorized to execute such <br />agreements, and amendments thereto, as axe necessary to implement the <br />Project on behalf of the Cit~r of Elk Ri~Ter, <br />Passed and adopted this 21St da~r of September 2009, <br />i ~ <br />f <br />{~ <br />ATTEST; <br />~,~ ~, <br />Stephanie Z~linzing, Mayor <br />Tina Allard, City Clerk <br />S:~EDA~HRA~HOUSING~Duf£~l Development 2049~Resolutian for DEED.SCDP A~vard,dac <br />