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01-9022r 54 RESOLUTION NO. 9022 RESOLUTION TO SUBMIT A REQUEST TO THE DEPARTMENT OF TRADE AND ECONOMIC DEVELOPMENT FOR FUNDING A PORTION OF THE REDEVELOPMENT COSTS OF CITY BELLA WHEREAS, the City of Richfield will act as the sponsor for City Bella Department of Trade and Economic Development (DTED) Redevelopment Grant application to be submitted April 1, 2001 and that the Mayor is hereby authorized to apply to the DTED for funding of this project on behalf of the City of Richfield; and WHEREAS, the City of Richfield has the legal authority to apply for financial assistance, and the institutional, managerial and financial capability to ensure adequate project administration; and WHEREAS, the sources and amounts of the local match identified in the application are committed to the project identified; and WHEREAS, the City of Richfield has not violated any Federal, State or local laws pertaining to fraud, bribery, graft, kickbacks, collusion, conflict of interest or other unlawful or corrupt practice; and WHEREAS, upon approval of its application by the State, the City of Richfield may enter into an agreement with the State of Minnesota for the above referenced funding project, and that the City of Richfield certifies that it will comply with all applicable laws and regulations as stated in all contract agreements. NOW, THEREFORE, BE IT RESOLVED that the Mayor is hereby authorized 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 26th day of March, 2001. ~ ATTEST: