Title
Accepting grant funds, authorizing execution of two grant agreements (with indemnity obligations) and related documents, and amending the operating budget with respect to the City’s sponsorship of a Metropolitan Council Livable Communities Act Contamination Cleanup Grant, and a Metropolitan Council Livable Communities Act Pre-Development Grant for the benefit of the Gloryville project located at 1570 White Bear Avenue (District 2, Ward 6).
Body
WHEREAS, in RES 24-402 and RES 24-464, the City Council of the City of Saint Paul resolved that the City may act as the legal sponsor in the Gloryville Metropolitan Council grant applications and, thereby, authorized these applications to the Metropolitan Council related to the Gloryville project located at 1570 White Bear Avenue (collectively, the “Applications”); and
WHEREAS, the Metropolitan Council accepted the Applications and awarded the City a $1,000,000 Contamination Cleanup grant and a $225,000 Pre-Development grant for the benefit of the tentative developer of the Gloryville project (the “Grant Funds”); and
WHEREAS, the Metropolitan Council grant contracts (the “Grant Agreements”) require the City to indemnify 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 $1,225,000 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, the $1,225,000 is available for appropriation in the Operating Budget, the City Council hereby authorizes and approves said budget, as heretofore adopted by the City Council, to be amended as outlined in the attached financial analysis.
2. that the City Council hereby authorizes and approves entering into the Grant Agree...
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