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Approving the use of grant funds through the Neighborhood Star Year-Round program for Dreamland Arts LLC.
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WHEREAS, on February 13, 2019, the Neighborhood STAR Board reviewed a $5,200 Neighborhood STAR Year-Round Program funding request from Dreamland Arts, LLC for alley upgrades; and
WHEREAS, the Neighborhood STAR Board rated this project a 3.3 on a scale from 1 (low)
to 5 (high); and
WHEREAS, due to the proposal being of substantial community significance, a waiver to the Neighborhood STAR Guideline requiring a $1 for $1 private match is being recommended; and
WHEREAS, a waiver of the STAR Guideline regarding the refinancing of existing debt being an ineligible expenditure is recommended; and,
WHEREAS, project activities occurring after October 15, 2018 are eligible for STAR dollars; and
WHEREAS, it is the intent of the Mayor and the Saint Paul City Council to participate in the financing of these activities by providing up to $5,200 in grant financing through the Ward 4 Neighborhood STAR Year-Round Program; now be it
RESOLVED, upon the recommendation of the Mayor, the Council of the City of Saint Paul hereby authorizes and directs the appropriate City officials to execute the necessary grant documents to implement this Resolution, subject to approval by the City Attorney; and be it
FINALLY RESOLVED, staff of the Department of Planning and Economic Development are further authorized and directed to proceed with all other actions necessary to implement this Resolution.