Title
Amending the financing and spending plan in the Department of Parks and Recreation in the amount of $334,368 to utilize parkland dedication funds and for a grant awarded from the Minnesota Department of Natural Resources for the Central Village Trails project.
Body
WHEREAS, CF #23-198 authorized the Department of Parks and Recreation (“Department”) to apply for funds from the Minnesota Department of Natural Resources’ Local Trail Connections grant program; and
WHEREAS, the Department was awarded $247,193 for said project; and
WHEREAS, the Department wishes to utilize $87,175 in parkland dedication fees paid within the project area to match the grant and complete the project budget; and
WHEREAS, the Department wishes to amend the financing and spending plan to reflect said parkland dedication and grant funds; 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 $334,368 in excess of those estimated in the 2024 Capital Improvement Budget; now, therefore, be it
RESOLVED, by the City Council of the City of Saint Paul, upon recommendation of the Mayor and the advice of the Long Range Capital Improvement Budget Committee, that $334,368 is available for appropriation in the 2024 Capital Improvement Budget, and said 2024 budget, as heretofore adopted by the Council, is hereby amended as attached.
Financial Analysis
See Attachment
CIB Recommendation
The St. Paul Long-Range Capital Improvement Budget Committee reviewed this request on June 10, 2024 and recommended approval.