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File #: RES PH 25-48    Version: 1
Type: Resolution-Public Hearing Status: Agenda Ready
In control: City Council
Final action:
Title: Accepting grant funds, authorizing execution of a grant agreement (with indemnity obligations and other documents related thereto), and amending the operating budget with respect to the City's sponsorship of a Minnesota Department of Employment and Economic Development (DEED) Contamination Cleanup grant for the benefit of YMCA of the North for its site at 530 N. Wheeler Street (District 11, Ward 4).
Sponsors: Saura Jost
Attachments: 1. Attachment A - Financial Analysis
Related files: RES 24-1387
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Title

Accepting grant funds, authorizing execution of a grant agreement (with indemnity obligations and other documents related thereto), and amending the operating budget with respect to the City's sponsorship of a Minnesota Department of Employment and Economic Development (DEED) Contamination Cleanup grant for the benefit of YMCA of the North for its site at 530 N. Wheeler Street (District 11, Ward 4).

Body

WHEREAS, in RES 24-1387, 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 (the “Application”) for the benefit of YMCA of the North’s campus expansion, thereby, authorized an application to DEED related to that project located at 530 North Wheeler Street (the “Project”); and

WHEREAS, DEED accepted the Application and awarded the City a $619,821 Contamination Cleanup grant for the benefit of the Project and development of a YMCA facility (“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 $619,821 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 $619,821 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 the City entering into the Grant Agreement with DEED, which includes an indemnification clause, to accept and implement the Grant Funds for the benefit of the Project and 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, Young Men’s Christian Association of the North, a Minnesota non-profit corporation (or another entity owned and controlled by it that has an interest in the Project), 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.

 

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