22-015 (02-15) Submission Request for Matching Fund through the 2022-2024 County Economic DevelopmentRESOLUTION NO. 22-015
RESOLUTION AUTHORIZING SUBMISSION OF A REQUEST FOR MATCHING FUNDS
THROUGH THE 2022-2024 HENNENPIN COUNTY ECONOMIC DEVELOPMENT
INITIATIVE AND AUTHORIZING ENTERING INTO AN AGREEMENT WITH THE
METROPOLITAN CONSORTIUM OF COMMUNITY DEVELOPERS
FOR THE OPEN TO BUSINESS INITIATIVE
WHEREAS, Hennepin County has announced an economic development initiative to
provide matching funds to municipalities to join the Open to Business program offered by
the Metropolitan Consortium of Community Developers; and
WHEREAS, the initiative allows smaller municipalities to cooperatively apply for the
county match and split the $5,000 local match; and
WHEREAS, the City of Golden Valley would like to continue participation in this
initiative and seek matching funds from Hennepin County to underwrite this participation, at
a cost to Golden Valley of $3750 annually.
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Golden
Valley that the City Manager is authorized to seek matching funds f rom Hennepin County to
participate in the Open to Business initiative.
BE IT FURTHER RESOLVED that the Mayor and City Manager may enter into an
agreement with the Metropolitan Consortium of Community Developers to provide services
for Open to Business for 2022 and 2023.
Adopted by the City Council of Golden Valley, Minnesota this 15th day of February, 2022
____________________________________
Shepard M. Harris, Mayor
ATTEST:
_______________________
Theresa Schyma, City Clerk
DocuSign Envelope ID: 392EBFC1-31C7-4733-B85F-0400E85BD5DE