2017-47 CITY OF CHANHASSEN
CARVER AND HENNEPIN COUNTIES,MINNESOTA
DATE: July 10,2017 RESOLUTION NO: 2017-47
MOTION BY: Ryan SECONDED BY: McDonald
RESOLUTION REGARDING THE SUPPORT OF A MINNESOTA INVESTMENT FUND
APPLICATION TO THE DEPARTMENT OF EMPLOYMENT AND ECONOMIC
DEVELOPMENT IN CONNECTION WITH ROSEMOUNT,INC.,
A SUBSIDIARY OF EMERSON ELECTRIC COMPANY
WHEREAS,the City of Chanhassen acts as the legal sponsor for the project contained in the
Minnesota Investment Fund Application to be submitted on or about June 7, 2017 and that the Mayor
and City Manager are hereby authorized to apply to the Department of Employment and Economic
Development for funding of this project on behalf of Rosemount, Inc.; and
WHEREAS,the City of Chanhassen has the legal authority to apply for financial assistance, and
the institutional, managerial, and financial capability to administer the proposed project; and
WHEREAS, the City of Chanhassen has not violated any Federal, State, or local laws pertaining
to fraud, bribery, kickbacks, collusion, conflict of interest or other unlawful or corrupt practice; and
WHEREAS, upon approval of its application by the State,the City of Chanhassen may enter
into a Grant Contract with the State of Minnesota for the approved project, and that the City of
• Chanhassen certifies that it will comply with all applicable laws, statutes, regulations and rules as stated
in the Grant Contract and described in the Project Compliance Certification of the Application; and
WHEREAS, the City of Chanhassen has obtained credit reports and credit information on
Rosemount, Inc. Upon review by the City of Chanhassen no adverse findings or concerns regarding, but
not limited to, tax liens,judgments, 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.
NOW,THEREFORE,BE IT RESOLVED that the City Council of the City of Chanhassen,
Minnesota hereby authorizes the Mayor and City Manager to execute the Grant Contract and
amendments,thereto, as are necessary to implement the project on behalf of the Applicant.
Passed and adopted by the Chanhassen City Council this 10''day of July, 2017.
ATTUO:
-"'Todd Gerhardt, City Manager Denny Lauf nburger, Mayor Cl
YES NO ABSENT
Laufenburger None None
McDonald
Ryan
Tjornhom
Campion