Title
Resolution Approving and Authorizing Execution of: 1) A Memorandum of Understanding with the City of Saint Paul and the Metropolitan Council Regarding Redevelopment of the Central Station Block in Downtown Saint Paul; 2) An Easement Agreement with the Metropolitan Council Related to Bus Waiting Improvements on the Central Station Block; and 3) An Operations and Maintenance Agreement with the City of Saint Paul and the Metropolitan Council for a Stair and Elevator Tower on the Central Station Block.
Body
WHEREAS, the Metropolitan Council (“Met Council”), the City of Saint Paul (“City”), and the Housing and Redevelopment Authority of the City of Saint Paul, Minnesota (“HRA”) have been focused on the improvement of transit within Saint Paul, most notably through the development of the Light Rail Transit (“LRT”) Green Line; and
WHEREAS, in conjunction with the construction of the LRT Green Line the Met Council acquired approximately 1.32 acres of real property located in the Central Station Block - that block in downtown Saint Paul bounded by Cedar, Fourth, Minnesota, and Fifth Streets - as depicted on Attachment A (“Central Station Block”); and
WHEREAS, the HRA owns 0.22 acres of real property in the northeast corner of the Central Station Block adjacent to the Met Council land (“HRA Property”); and
WHEREAS, the three parties have been working together for many years on the LRT Green Line and related efforts, and desire to continue working collaboratively and cooperatively to define parameters for the redevelopment of the Central Station Block that meet the shared goals of increased transit ridership and economic development to increase the tax base of the City; and
WHEREAS, the three parties share an interest in promoting transit oriented development on the Central Station Block, utilizing the adjacent properties owned by the Met Council and the HRA; and
WHEREAS, the three parties desire to continue their ongoing working relationship as it relate...
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