Title
Amending the financing and spending plans in the Mayor's Office in the amount of $18,959.97 to accept a grant from the Minnesota Department of Employment and Economic Development to support work by the University Avenue Business Preparation Collaborative (U-7) to mitigate the impacts of transportation construction on small businesses.
Body
WHEREAS, the City of Saint Paul was awarded $18,959.97 through the Minnesota Department of Employment and Economic Development to mitigate the impact of transportation construction on small businesses; and
WHEREAS, the University Avenue Business Preparation Collaborative (U-7) has accepted lead responsibility for offering technical assistance to small businesses impacted by the construction of the Central Corridor LRT line; and
WHEREAS, the Neighborhood Development Center (NDC) is the fiscal agent for U-7; and
WHEREAS, the Mayor, pursuant to Section 10.07.01 of the City Charter, does certify that, upon acceptance of the grant, there are funds of $18,959.97 available for appropriation in excess of those estimated in the 2013 budget; and
WHEREAS, the Mayor recommends that the following additions be made to the 2013 budget:
Financial Analysis
[Enter Financial Analysis and Detailed Account Codes. See Attachment if Applicable]
CURRENT CHANGE AMENDED BUDGET
Financing Plan
P6-101 State Grant Programs Fund
36321 Central Corridor
3490 Other State Grants
61780 Univ Ave Bus Prep - Cent Corr $0 $18,959.97 $18,959.97
Spending Plan
P6-101 State Grant Programs Fund
36321 Central Corridor
0547 Payment to Sub Grantees
61780 Univ Ave Bus Prep - Cent Corr $0 $18,959.97 $18,959.97
Total Changes to Spending $0 $18,959.97 $18,959.97
NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Saint Paul accepts the grant from the Minnesota Department of Employment and Economic Development; and be it finally
RESOLVED, that the City Council approves these amendments to the 2013 budget.