Title
Amending the 2023 spending budget in the Department of Public Works Sewers Utility Fund Major Sewer Service Obligations accounting unit for the financing of the Ford Site Central Stormwater Utility and related facilities (as well as updating related sources on the Mississippi River Boulevard Crossing project, also commonly referred to as the Hidden Falls Connection and the MRB Crossing project).
Body
WHEREAS, pursuant to Resolution No. PH 19-388, the City of Saint Paul approved the execution of a redevelopment agreement and related documents for the Ford Site Redevelopment Project, now known as the Highland Bridge redevelopment project (District 15, Ward 3), and approved a Capital Improvement Budget for the Ford Site Redevelopment Project (“Project”); and
WHEREAS, the scope of the Highland Bridge project was modified to include the MRB Crossing project pursuant to fully executed Change Orders as required by the Site Improvement Performance Agreement for the Ford Site Redevelopment Project, and
WHEREAS, pursuant to Resolution No. PH 21-51, the City of Saint Paul approved the amendment to the spending and financing budget for the Ford Site Redevelopment Capital project and the MRB Crossing project to reflect receipt of the State of Minnesota Point Source Implementation Grant (PSIG) for the Ford Site Central Stormwater Utility and related facilities as well as updated cost estimates and related sources on the MRB Crossing project, and
WHEREAS, the Mayor, pursuant to Saint Paul City Charter Sec. 10.07.1 and Administrative Code Sec 57.09 and after presentation to the Capital Improvement Budget Committee for review, certifies there are available for appropriation total revenues of $175,000 in excess of those estimated in the Major Sewer Service Obligation Use of Retained Earnings and recommends amendment to the same consistent with the attached financial analysis; now, therefore, be it
RESOLVED, by the City Council of the City of Saint Paul, Minn...
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