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RES 15-44RESOLUTION NO.: 2015 - 44 CITY OF OTSEGO COUNTY OF WRIGHT, MINNESOTA RESOLUTION REGARDING THE SUPPORT OF A JOB CREATION FUND APPLICATION IN CONNECTION WITH P & F MACHINING, INC. WHEREAS, the City of Otsego, Minnesota (the "City"), desires to assist P & F Machining Inc., a manufacturing business, which is proposing to construct a facility in the City; and, WHEREAS, the City of Otsego understands that P & F Machining Inc., through and with the support of the City, intends to submit to the Minnesota Department of Employment and Economic Development an application for an award and/or rebate from the Job Creation Fund Program; and, WHEREAS, the City of Otsego held a City Council meeting on August 24, 2015, to consider this matter. NOW, THEREFORE BE IT RESOLVED that, after due consideration, the Mayor and City Council of the City of Otsego, Minnesota, hereby express their approval of the project proposed by P & F Machining and its application for an award and/or rebate from the Job Creation Fund Program. MOTION BY: Schroeder SECOND BY: Warehime ALL IN FAVOR: Stockamp, Heidner, Schroeder, Warehime, Darkenwald THOSE OPPOSED: None ADOPTED by the City Council of the City of Otsego this 24th day of August, 2015. ATTEST: Ju vl_--� �WJ Tami Loff, City Clerk CITY OF OTSEGO 13Y:(:�Cmw�'OTO�0* Je ica Stockamp, Mayor