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File #: RES PH 15-335    Version: 1
Type: Resolution-Public Hearing Status: Passed
In control: City Council
Final action: 11/18/2015
Title: Accepting Tax Base Revitalization Account Cleanup Grant from the Metropolitan Council and amending the 2015 Budget.
Sponsors: Bill Finney
Attachments: 1. Met Council grant for Hamm's Brewery Financial Analysis

Title

Accepting Tax Base Revitalization Account Cleanup Grant from the Metropolitan Council and amending the 2015 Budget.

Body

WHEREAS, the City Council on April 23, 2014, by Resolution number 14-609 authorized the Director of the Department of Planning and Economic Development to apply to the Metropolitan Council for Tax Base Revitalization Account Cleanup Grant  for Hamm’s Brewery;

and

 

WHEREAS, the Metropolitan Council approved a TBRA cleanup grant of $385,700 for Hamm’s Brewery.

 

WHEREAS, the Mayor, pursuant to Section 10.07.1 of the Charter of the City of Saint Paul, does hereby certify that $385,700 in funds are available for appropriation in excess of those estimated in the 2015 budget and recommends the changes to the 2015 budget identified on Attachment B:

 

NOW THEREFORE, BE IT RESOLVED, that the City Council of Saint Paul accepts this grant and approves the changes identified on Attachment B to the 2015 budget.

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