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RESOLUTION <br /> BE IT RESOLVED, that the City of Pequot Lakes act as the legal <br /> sponsor for the project contained in the Business and Community <br /> Development Application to be submitted on and <br /> that the Mayor is hereby authorized to apply to the Department of Trade <br /> and Economic Development for funding of this project on behalf of the <br /> City of Pequot Lakes. <br /> BE IT FURTHER RESOLVED, that the City of Pequot Lakes has the <br /> legal authority to apply for financial assistance , and the <br /> institutional , managerial , and financial capability to ensure adequate <br /> construction , operation , maintenance and replacement of the proposed <br /> project for its design life . <br /> BE IT FURTHER RESOLVED , that the City of Pequot Lakes has not <br /> incurred any costs , has not entered into any written agreements to <br /> purchase property . <br /> BE IT FURTHER RESOLVED, that the City of Pequot Lakes has not <br /> violated any Federal , State , or local laws pertaining to fraud , <br /> bribery, graft , kickbacks , collusion , conflict of interest or other <br /> unlawful or corrupt practice . <br /> BE IT FURTHER RESOLVED, that upon approval of its application by <br /> the state , the City of Pequot Lakes may enter into an agreement with <br /> the State of Minnesota for the above referenced project , and that the <br /> City of Pequot Lakes certifies that it will comply with all applicable <br /> laws and regulations as stated in all contract agreements and described <br /> on the Compliance Section (FP-20 ) of the Business and Community <br /> Development Application . <br /> AS APPLICABLE , BE IT FURTHER RESOLVED, that the City of Pequot <br /> Lakes has obtained credit reports and credit information from E l ect ro <br /> Mechanical Industries , Inc . and Marlow and Janice Shaffer . Upon review <br /> by the City of Pequot Lakes and James Gammello , no adverse findings or <br /> concerns regarding , but not limited to, tax liens , judgements , court <br /> actions, and findings with state , federal and other regulatory agencies <br /> were identified . Failure to disclose any such adverse information <br /> could result in revocation or other legal action . <br /> NOW, THEREFORE BE IT RESOLVED, that the Mayor is hereby authorized <br /> to execute such agreements as are necessary to implement the project on <br /> behalf of the City of Pequot Lakes . <br /> I certify that the above resolution was adopted by the City <br /> Council of Pequot Lakes on <br /> SIGNED: WITNESSED : <br /> / <br /> ��' O�A; 4i ,, <br /> Ed Larsen , Mayor Terri Russell , i t y Clerk <br /> Date Date <br />