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07-10002r RESOLUTION NO.1 0002 RESOLUTION AFFIRMING AND RATIFYING CITY'S STAFF SUBMITTAL OF AN APPLICATION TO METROPOLITAN COUNCIL FOR THE TAX BASE REVITALIZATION ACCOUNT GRANT FUNDS FOR 6700 CEDAR AVENUE WHEREAS the City of Richfield (the "City") is a participant in the Livable Communities Act's Housing Incentives Program for 2007 as determined by the Metropolitan Council, and is therefore eligible to make application for funds under the Tax Base Revitalization Account; and WHEREAS the City has identified aclean-up project within the City that meets the Tax Base Revitalization account's purpose/s and criteria; and WHEREAS the City has the institutional, managerial and financial capability to ensure adequate project administration; and WHEREAS the City certifies that it will comply with all applicable laws and regulations as stated in the contract agreements. NOW, THEREFORE BE IT RESOLVED that the City Council of Richfield agrees to act as legal sponsor for the project contained in the Tax Base Revitalization grant application submitted on November 1, 2007 and authorizes the Mayor and City Manager to execute such agreements as are necessary to implement the project on behalf of the applicant. Adopted by the City Council of the City of Richfield, Minnesota this 23rd day of October 2007. Df~ aJiJ- Debbie Goettel, Mayor ATTEST: ~~~ Nancy Gibbs, . y Clerk