2002-0255
INTRODUCED BY: ALBERT D. LAQUE, PARISH PRESIDENT
(DEPARTMENT OF ECONOMIC DEVELOPMENT& TOURISM)
RESOLUTION NO.
Title
A resolution to authorize and direct the Parish President to act as the Parish's representative as the "Sponsoring Entity" in connection with the Louisiana Department of Economic Development's and the Louisiana Economic Development Corporation's Economic Development Award Program Infrastructure Award Application for infrastructure funds in the amount of $1,053,545.00 to sign for and on behalf of the Parish of St. Charles the Louisiana Department of Economic Development's and the Louisiana Economic Development Corporation's Economic Development Award Contract/Agreement.
Body
WHEREAS, the PARISH OF ST. CHARLES, as "Sponsoring Entity", in conjunction with Randa Corp. and Randa Properties LLC, is applying to the Louisiana Department of Economic Development, through the Louisiana Economic Development Corporation's Economic Development Award Program, for infrastructure funds in the amount of $1,053,545.00, to provide funds for the purchase of a 9.7 acre parcel of land and for other documented infrastructure expenses arising in connection with the purchase of the property, which is to be used for the location and construction of a new distribution center and corporate headquarters in connection with the location and expansion of Randa Corp.'s operations in the Parish of St. Charles, in the State of Louisiana.
NOW, THEREFORE, BE IT RESOLVED, that Albert D. Laque, the Parish President of the Parish of St. Charles, is hereby authorized and directed to sign, for and on behalf of the Parish of St. Charles, the Louisiana Department of Economic Development's and the Louisiana Economic Development Corporation's Economic Development Award Program Infrastructure Award Application for infrastructure funds in the amount of $1,053,545.00, in order to provide funds for the purchase of a 9.7 acre parcel of land and for other documented infrastructure expenses arising in connection with the purchase of the property, which is to be used for the location and construction of a new distribution center and corporate headquarters in connection with the location and expansion of Randa Corp.'s operations in the Parish of St. Charles, in the State of Louisiana; and
BE IT FURTHER RESOLVED, that the Parish President is hereby authorized and directed to act as the Parish's representative as the "Sponsoring Entity" in connection with the said Application, and to sign for and on behalf of the Parish of St. Charles the Louisiana Department of Economic Development's and the Louisiana Economic Development Corporation's Economic Development Award Contract/Agreement, and any amendments thereto, containing such terms, provisions and commitments as the Parish President shall deem are appropriate to the circumstances; and the Parish President is further authorized and directed to provide such additional information, and to sign any and all additional documents and amendments thereto, including but not limited to any Cost Reports and/or Quarterly, Semi-Annual or other Periodic Progress or Analysis Reports as may be required by the Louisiana Department of Economic Development and the Louisiana Economic Development Corporation in connection with such Award Program and Contract/Agreement.
Any and all acts already performed by the Parish President in accordance with the authorities herein granted are hereby approved, confirmed and ratified.
vote
The foregoing resolution having been submitted to a vote, the vote thereon was as follows:
And the resolution was declared adopted this day of , 2002, to become effective five (5) days after publication in the Official Journal.
CHAIRMAN:______________________________________________
SECRETARY:_____________________________________________
DLVD/PARISH PRESIDENT:_________________________________
APPROVED:______________ DISAPPROVED:__________________
PARISH PRESIDENT:______________________________________
RETD/SECRETARY:_______________________________________
AT:_______________ RECD BY: _____________________________