RES 15-50RESOLUTION NO.: 2015 - 50
CITY OF OTSEGO
COUNTY OF WRIGHT, MINNESOTA
BUSINESS DEVELOPMENT INFRASTRUCTURE APPLICATION
BE IT RESOLVED that City of Otsego act as the legal sponsor for project(s) contained
in the Business Development Infrastructure Application to be submitted on September 15, 2015
and that the Mayor and City Clerk are hereby authorized to apply to the Department of
Employment and Economic Development for funding of this project on behalf of City of Otsego.
BE IT FURTHUR RESOLVED that City of Otsego has legal authority to apply for
financial assistance, and the institutional, managerial, and financial capability to ensure
matching funds, adequate construction, operation, maintenance and replacement of the
proposed project for its design life.
BE IT FURTHUR RESOLVED that City of Otsego has not violated any Federal, State, or
local laws pertaining to fraud, bribery, kickbacks, collusion, conflict of interest or other unlawful
or corrupt practice.
BE IT FURTHUR RESOLVED that upon approval of its application by the state, City of
Otsego, may enter into an agreement with the State of Minnesota for the above -referenced
project(s), and that it will comply with all applicable laws and regulations as stated in all contract
agreements.
BE IT FURTHUR RESOLVED that upon approval of its application by the state, City of
Otsego, will commit $317,697 towards the local match requirements.
BE IT FURTHUR RESOLVED that City of Otsego will repay the grant if milestones are
not realized by the completion date identified in the Application.
City of Otsego certifies that it will comply with all applicable laws, regulations, and rules of the
Business Development Infrastructure Application.
NOW, THEREFORE BE IT RESOLVED that the Mayor and City Clerk, or their
successors in office, are hereby authorized to execute such agreements and amendments
thereto, as are necessary to implement the project(s) on behalf of the applicant.
I CERTIFY THAT the above resolution was adopted by the City Council of City of Otsego
on September 14, 2015.
MOTION BY: Heidner
SECOND BY: Darkenwald
ALL IN FAVOR: Stockamp, Heidner, Darkenwald
THOSE OPPOSED: None
ATTEST: A4V\X--rV-�- • k�j�
Tami Loff, City Clerk
CITY OF OTSEGO
BY: %MMA���K
Jes ca Stockamp, Mayor