RES 26-18.ver
City of Elk River
City Council
Resolution 26-18
A Resolution of the City Council of the City of Elk River authorizing the
application to the Greater Minnesota Business Development Public
Infrastructure grant program and the commitment of funds thereto.
BE IT RESOLVED, that the City of Elk River act as the legal sponsor for the project
contained in the Business Development Public Infrastructure Application to be submitted
on or before March 20, 2026, and that Mayor Dietz and the City Council are hereby
authorized to apply to the Department of Employment and Economic Development for
funding of this project on behalf of the City of Elk River.
BE IT FURTHER RESOLVED, that the City of Elk River has the 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 FURTHER RESOLVED, that the City of Elk River 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 FURTHER RESOLVED, that upon approval of its application by the state, the
City of Elk River, may enter into an agreement with the State of Minnesota for the above -
referenced project, and that it will comply with all applicable laws and regulations as stated in
all contract agreements.
BE IT FURTHER RESOLVED, that the non-BDPI source of funds identified in the
sources and uses outline in the Application in the total amount of $150,000 are committed
and adequate to fully fund the project identified in the Application.
BE IT FURTHER RESOLVED, that the source of the Applicant's matching funds shall
be the Economic Development Authority fund which has adequate funding to cover the
commitment.
BE IT FURTHER RESOLVED, that per MN statute 116J.431 Subd 7, the City of Elk
River understands the grant may be cancelled if the project identified in the Application is
not proceeding within 18 months of the execution of a grant agreement, or if not complete
after five years of any grant award.
BE IT FURTHER RESOLVED, that the City of Elk River acknowledges that allowing
an ineligible business to locate in the area directly served by the funded infrastructure may
trigger a default of the grant and cause repayment by the City of Elk River.
BE IT FURTHER RESOLVED, that the City of Elk River certifies that itwill comply
with all applicable laws, regulations, and rules of the Application.
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Elk
River, Minnesota, as follows: that Mayor Dietz and the City Council, 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.
Passed and adopted this 16t' day of March 2026.
J. ietz, yor
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ATTEST:
4�7
Jolene Richter, Deputy City Clerk