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Accepting grant funds, authorizing execution of a grant agreement (with indemnity obligations and other documents related thereto) and amending the operating budget for the City's sponsorship of a Minnesota Department of Employment and Economic Development (“DEED”) Contamination Cleanup grant for Project for Pride in Living, Inc.(“PPL”) at 892 7th Street East (District 4, Ward 6).
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WHEREAS, in RES 24-466, the Saint Paul City Council resolved that the City of Saint Paul (the “City”) may act as the legal sponsor in connection with a Contamination Cleanup grant application for the benefit of PPL and, thereby, authorized an application to DEED related to PPL’s project located at 892 7th Street East (“Application”); and
WHEREAS, DEED accepted the Application and awarded the City a $138,944 Contamination Cleanup grant for the benefit of PPL for such site (“Grant Funds”); and
WHEREAS, DEED Contamination Cleanup grant contract (“Grant Agreement”) requires the City to indemnify DEED; and
WHEREAS, the Mayor, pursuant to Section 10.07.1 of the Saint Paul City Charter, does certify that there are available for appropriation funds of $138,944 in excess of those estimated in the operating budget; now, therefore, be it
RESOLVED by Saint Paul City Council that:
1. Upon the recommendation of the mayor that the $138,944 is available for appropriation in the Operating Budget, the City Council hereby authorizes and approves said budget, as heretofore adopted by the City Council, to be amended as outlined in the attached financial analysis.
2. the City Council hereby authorizes and approves entering into the Grant Agreement with DEED, which includes an indemnification clause, to accept and implement the Grant Funds consistent with the Application and applicable compliance requirements.
3. the City Council hereby authorizes and approves the City entering into a subgrant agreement(s) or loan documents with the redeveloper of the site, Project for Pride in Living, Inc. (or another entity owned and controlled by it that has an interest in the subject property, including PPL East 7th Community Limited Partnership), for the disbursement of the Grant Funds consistent with the Application, the Grant Agreement, and applicable compliance requirements.
4. the City Council hereby authorizes and approves City staff to take all actions necessary to carry out the activities authorized by this Resolution, including finalizing all documents and agreements necessary to effectuate the activities to be undertaken by this Resolution, subject to approval by the City Attorney’s Office.
5. Proper City officials are hereby authorized and approved to execute any and all documents in connection with this Resolution, subject to approval by the City Attorney’s Office.
6. This Resolution does not constitute a binding legal agreement; rather, the action taken herein shall not be effective until said documents are executed by the appropriate official(s) of the City.