Title
Amending the financing and spending plans in the Department of Public Works Capital Budget for the Robert Street Project.
Body
WHEREAS, the Department of Public Works has a federally funded project to reconstruct Robert Street from Kellogg Boulevard to 11th Street; and
WHEREAS, the City of Saint Paul and the Minnesota Department of Transportation (MnDOT) have entered into MnDOT Agreement No. 1056008 to turn back this section of roadway to the City and for MnDOT to contribute $20,613,000 to the project; and
WHEREAS, the Metropolitan Council is providing $800,000 in funding for Gold Line Station improvements; and
WHEREAS, there is a need to add $6,490,000 federal funding to the project; and
WHEREAS, there is a need to add $2,690,000 Saint Paul Sewers and $824,999 Saint Paul Regional Water Services funding to the project; and
WHEREAS, the Mayor, pursuant to Section 10.07.1 of the Charter of the City of Saint Paul, does certify that there is available for appropriation funds of $31,417,999; now, therefore, be it
RESOLVED by the Council of the City of Saint Paul, upon recommendation of the Mayor and advice of the Capital Improvement Budget Committee, that $31,417,999 is available for appropriation of funds in the Capital Improvement Budgets, as heretofore adopted and amended by this Council, be hereby further amended in the Capital Improvements Budgets in the following particulars:
Financial Analysis
See Attachment.
CIB Recommendation
The St. Paul Long-Range Capital Improvement Budget Committee reviewed this request on May 13, 2024 and recommended approval.