93-063 RES
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RESOLUTION 93 - 63
RESOLUTION FOR THE CITY OF ELK RIVER
A RESOLUTION OF SUPPORT TO THE CENTRAL MINNESOTA
INITIATIVE FUND (BRUMAR APPLICATION FOR
SUPPLEMENTAL EQUIPMENT FINANCING)
WHEREAS, Pursuant to the prov1s1ons and requirements of the
1987 Rural and Economic Development Act the local
governing unit is required to issue a Sponsoring
Resolution on behalf of businesses requesting
financing through the Central Minnesota Initiative
Fund's partnership with the State of Minnesota's
Challenge Grant Program; and,
WHEREAS, the City of Elk River has received a request to issue
a Resolution on behalf of BRUMAR; and,
WHEREAS, it is consistent with the purpose of the City of Elk
River to encourage employment, enhance the tax base,
and create more opportunity for its residents.
NOW, THEREFORE, BE IT RESOLVED, that the City of Elk River
supports the project submitted by BRUMAR to the
Central Minnesota Initiative Fund's partnership with
the State of Minnesota's Challenge Grant Program.
Passed and adopted by the City Council of the City of Elk River
this 4th day of October, 1993.
~'V~
J n ietz, Vice Mayor
ATTEST: