Title
Authorizing the Department of Parks and Recreation to accept State General Obligation Bond Funds, in the amount of $8,000,000, enter into a grant agreement, and amend the financing and spending plan for the Mississippi River Learning Center.
Body
WHEREAS, the Minnesota Legislature appropriated $8,000,000 to the Metropolitan Council for a grant to the City of Saint Paul for the design of the Mississippi River Learning Center; and
WHEREAS, there is no match requirement for receipt of these funds; and
WHEREAS, the Department of Parks and Recreation wishes to accept said grant funds and establish a financing and spending plan for said Metropolitan Council grant; 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 $8,000,000 in excess of those estimated in the 2023 Capital Improvement Budget; and
WHEREAS, the City Council finds that there is a public purpose in providing environmental education and in improving recreational opportunities on parkland along the Mississippi River which is enabled by acceptance of the grant funding; now, therefore, be it
RESOLVED, that Saint Paul City Council authorizes the appropriate City officials to enter into an agreement with the Metropolitan Council for the aforementioned funding, which includes an indemnification clause; and, be it
FURTHER RESOLVED, that, upon the recommendation of the Mayor, and the advice of the Long Range Capital Improvement Budget Committee, $8,000,000 is available for appropriation in the 2023 Capital Improvement Budget, and said budget, as heretofore adopted by Council, is hereby further amended as outlined in the attached Financial Analysis.
Financial Analysis
See Attachment
CIB Recommendation
The CIB Committee met for their scheduled meeting time on October 9, 2023, but were not able to achieve quorum, and as such were not able to take an official vote for recomme...
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