Title
Amending the financing and spending budget in the Department of Planning and Economic Development (PED) by adding a $50,000 Living Cities grant to support Saint Paul’s second-phase work with the City Accelerator’s Infrastructure Finance cohort.
Body
WHEREAS, On August 15, 2016, Living Cities was awarded the grant to the City of Saint Paul to expand the scope of research and analyze investment of Saint Paul’s shared, stacked green infrastructure (SSGI); and
WHEREAS, The grant award was for two different $50,000 amounts, and
WHEREAS, a portion of the funds will also be used to sponsor a design workshop for outside professionals to travel to visit Saint Paul. The design workshop will provide a knowledge exchange for SSGI implementation throughout the region; and
WHEREAS, SSGI is an alternative approach to conventional stormwater management in order to increase economic, environmental, and community benefits through infrastructure investment; and
WHEREAS, The first phase portion of the grant was recieved in December 2016, and
WHEREAS, the Mayor, pursuant to Section 10.07.1 of the Charter of the City of Saint Paul, does hereby certify that the second phase of the grant in the amount of $50,000 in funds are available for appropriation in excess to those estimated in the 2017 budget and recommends the changes to the 2017 budget identified on Attachment A
NOW THEREFORE, BE IT RESOLVED, that the City Council of Saint Paul accepts this grant and approves the changes identified on Attachment A to the 2017 budget.
Financial Analysis
See Attachment