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 Metropolitan Council Livable Communities Demonstration Account for Affordable Homeownership Grant for the benefit of Amani Construction & Development LLC’s Serenity Townhomes Redevelopment at 0 Bush Avenue (District 4, Ward 6).
Body
WHEREAS, in RES 25-1443, the Saint Paul City Council resolved that the City of Saint Paul (the “City”) may act as the legal sponsor in connection with a Metropolitan Council Affordable Homeownership Grant application for the benefit of Amani Construction & Development LLC (“Amani”) and, thereby, authorized an application to the Metropolitan Council related to the townhome redevelopment project located at 0 Bush Avenue (“Application”); and
WHEREAS, the Metropolitan Council accepted the Application and awarded the City a $750,788 Affordable Homeownership grant for the benefit of Amani’s townhome redevelopment project (“Grant Funds”); and
WHEREAS, the Metropolitan Council Livable Communities’ Affordable Homeownership Grant contract (“Grant Agreement”) requires the City to indemnify the Metropolitan Council; and
WHEREAS, by this Resolution, the Council authorizes acceptance of Affordable Homeownership Grant, amends the 2026 budget, and authorizes execution of a grant agreement with the Metropolitan Council; 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 $750,788 in excess of those estimated in the operating budget; now, therefore, be it
RESOLVED by the City Council of the City of Saint Paul:
1. that upon the recommendation of the Mayor that the $750,788 is available for appropriation in the Operating Budget, the City Council hereby authorizes and approves said budg...
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