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EXTRACT OF MINUTES OF A MEETING OF THE CITY COUNCIL OF THE CITY OF ROSEVILLE, RAMSEY COUNTY, STATE OF MINNESOTA Pursuant to due call and notice thereof, a regular meeting of the City Council of the City of Roseville, County of Ramsey, State of Minnesota, was duly held in the City Hall at 2660 Civic Center Drive, Rosevil:e, Minnesota, on May 22, 2000 The following members were present: and the following members were absent: Member introduced the following resolution and moved its adoption: RESOLUTION NO. A RESOLUTION IN SUPPORT OF RAMSEY COUNTY MAKING AN APPLICATION FOR THE UNITED STATES DEPARTMENT OF HOUSING & URBAN DEVELOPMENT (HUD) BROWNFIELD ECONOMIC DEVELOPMENT INNITIATIVE (BEDn GRANT FOR THE TWIN LAI�S REDEVELOPMENT AREA WHEREAS, the City of Roseville is located in Ramsey County and is a member of the 7 City North Metro I-35W Corridor Coalition; and WHEREAS, the City of Roseville has approved a redevelopment plan for the Twin Lakes Business Park which is included as part of the economic and redevelopment section of the Comprehensive Plan amended and adopted in December, 1998; and WHEREAS, Ramsey County is especially interested in working with the City of Roseville on Twin Lakes Redevelopment Area because of the potential to create employment opportunities in an area accessible to residents of the core city, St. Paul, as well as to residents of the I-35W Corridor; and WHEREAS, the HUD's BED1 funds are used to improve the viability of a project financed with a Section 108 loan designed to help cities redevelop abandoned, idled, or underutilized industrial and commercial facilities where redevelopment is complicated by the environmental contamination; and WHEREAS, Ramsey County must be the applicant for the funds on behalf of -he City of Roseville for implementation cf redevelopment in Twin Lakes; and WHEREAS, the City of Roseville has the institutional, managerial and financial capability to ensure adequate project administration of loan and grant funds.