Title
Amending the financing and spending plan in the Department of Parks and Recreation in the amount of $996,023 to reflect funds received from Dakota County for construction of the Robert Piram Regional Trail project.
Body
WHEREAS, in accordance with Resolution #18-1496 adopted on September 19, 2018, the City of Saint Paul, through its Department of Parks and Recreation, has entered into a Joint Powers Agreement with Dakota County for construction of the Robert Piram Regional Trail; and
WHEREAS, the City and Dakota County have cooperatively undertaken the construction and construction engineering of 3.7 miles of off-road multio-use trail; and
WHEREAS, the City and Dakota County will share project responsibilities and jointly participate in the project costs associated with constructing the proposed off-road, multi-use trail; and
WHEREAS, Dakota County will reimburse the City in the amount of $996,023 for its share of he project costs; and
WHEREAS, the Department of Parks and Recreation agrees to accept, manage, and administer said funds for the Robert Piram Regional Trail project; and
WHEREAS, it is the desire of Parks and Recreation to amend the financing and spending budget for the project in the amount of $996,023; and
WHEREAS, the Mayor, pursuant to Section 10.07.1 of the Charter of the City of Saint Paul, does certify that there are available for appropriation, funds of $996,023 in excess of those estimated in the 2017 Capital Improvement Budget; now, therefore, be it
RESOLVED, by the City Council of the City of Saint Paul, upon recommendation of the Mayor and the advice of the Long Range Capital Improvement Budget Committee, that $996,023 is available for appropriation in the 2017 Capital Improvement Budget, and said 2017 budget, as therefore adopted by the Council, is hereby further amended.
Financial Analysis
See Attachment
CIB Recommendation
The Saint Paul Long-Range Capital Improvement Budget Committee received this request on November 19, 2018 and recommended approval.