Title
Authorizing acceptance of Livable Communities Demonstration Account Grants, Tax Base Revitalization Account Contamination Cleanup Program Grants, and Local Housing Incentives Account Grants from the Metropolitan Council in the total amount of $5,907,321 and authorizing amendment of the 2012 Budget to accept those grants.
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WHEREAS, the City Council on June 27th and September 5th, 2012 respectively by Resolution #12-1681 and 12-1223 authorized the Director of the Department of Planning and Economic Development to apply to the Metropolitan Council for Livable Communities Demonstration Account grants; and
WHEREAS, the Metropolitan Council approved Livable Communities Demonstration Account Grants, Tax Base Revitalization Account Contamination Cleanup Program (TOD) and Local Housing Incentives Account Grants for: Aurora St. Anthony/Sands Co. for Old Home Plaza $1,558,361, Episcopal Homes for Midway Pointe $100,000, Prior Crossing Youth Housing $609,500 and $317,415, Sherman Associates for Rayette Lofts $348,101.00, Model Cities for Brownstone $646,020 and $182,600.00 and Central Exchange for $ 110,550.00, District Del Sol Redevelopment $40,000.00, City Limits for $1,944,774.00 and Rebuilding Together Twin Cities for $50,000.00 and,
WHEREAS, the Mayor, pursuant to Section 10.07.1 of the Charter of the City of Saint Paul, does hereby certify that $ 5,907,321.00 in funds are available for appropriation in excess of those estimated in the 2012 budget and recommends the changes to the 2012 budget identified on Attachment A:
NOW THEREFORE, BE IT RESOLVED, that the City Council of Saint Paul accepts these grants and approves the changes identified on Attachment A to the 2012 budget.