Resolution - #99-12-222 - 12/14/1999

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Councilmember Connolly introduced the following resolution and moved for its adoption: RESOLUTION #99-12-222 RESOLUTION APPROVING THE APPLICATION TO THE DEPARTMENT OF TRADE AND ECONOMIC DEVELOPMENT FOR FUNDING FOR SYSTEMATIC REFRIGERATION, INC. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: 1) That the City of Ramsey act as the legal sponsor for project(s) contained in the Business and Community Development Application to be submitted on and that James E. Norman, City Administrator, and Diana Lund, Finance Officer, are hereby authorized to apply to the Department of Trade and Economic development for funding of this project on behalf of the City of Ramsey. 2) That the City of Ramsey has the legal authority to apply for financial assistance, and the institutional, managerial, and financial capability to ensure adequate construction, operation, maintenance and replacement of the proposed project for its design life. 3) That the City of Ramsey has not violated any Federal, State, or local laws pertaining to fi'aud, bribery, kickbacks, collusion, conflict of interest or other unlawful or corrupt practice. 4) That upon approval of its application by the State, the City of Ramsey, may enter into an agreement with the State of Minnesota for the above-referenced project(s), and that the City of Ramsey certifies that it will comply with all applicable laws and regulations as stated in all contract agreements and described on the Compliance Section (S-7) of the Business and Community Development Application. 5) That, as applicable, the City of Ramsey has obtained credit reports and credit information from Systematic Refrigeration, Inc. and Ted Mateski. Upon review by the City of Ramsey and William K. Goodrich, (the City's legal counsel), no adverse findings or concerns regarding, but not limited to, tax liens, judgements, court actions, and filings with state, federal and other regulatory agencies were identified. Failure to disclose any such adverse information could result in revocation or other legal action. 6) That James E. Norman and Diana Lund, 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.