Title
Approving the use of grant funds through the Neighborhood STAR Year-Round Program for Springer Collections, Inc.
Body
WHEREAS, on September 11, 2019, the Neighborhood STAR Board reviewed a $40,000 Neighborhood STAR Year-Round Program funding request from Springer Collections, Inc. for leasehold improvements; and
WHEREAS, this project will positively impact the city’s East Side neighborhood with the expansion of this small business in the old Hamms complex; and
WHEREAS, the Neighborhood STAR Board rated this project a 3.8 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 Guidelines requiring a $1 for $1 private match is being recommended; 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 $40,000 in grant financing through the Ward 6 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.