Title
Approving the grant agreement between the City and the Capital Region Watershed District for a stormwater grant in the amount of $416,000.
Body
A resolution accepting a cost share grant containing an indemnity provision from the Capital Region Watershed District for a “green infrastructure” stormwater management system to serve development contemplated under the Snelling-Midway Redevelopment Site Master Plan as adopted in RES PH 16-239 dated August 19, 2016.
WHEREAS, on March 3, 2016, the Council of the City of Saint Paul, in City Council Resolution PH 16-64, approved a draft Development Agreement between the City and MUSC Holdings, LLC (hereinafter, the “Team”) to design and construct on an approximately 10-acre parcel commonly known as the “Bus Barn” site a soccer stadium in which the Team’s wholly owned subsidiary known as the Minnesota United Soccer Club, LLC would play its home soccer games and, accordingly, authorized City staff to execute the Development Agreement; and
WHEREAS, on April 1, 2016, pursuant to Resolution PH 16-64, the City and the Team duly executed the Development Agreement for the Bus Barn site; and
WHEREAS, the Development Agreement provided that a nearly 25-acre parcel lying generally to the north and east of the Bus Barn site and commonly known as the “Midway Shopping Center” site, was also to be studied for redevelopment purposes in conjunction with the Bus Barn Site as a “material inducement” for the Team to construct its stadium on the Bus Barn site; and
WHEREAS the Development Agreement provided that the City would create a Master Development Plan for both the Bus Barn and the Midway Shopping Center sites which, collectively, are referenced in the Development Agreement as the 34.5-acre Midway Development site; and
WHEREAS, the Development Agreement provided that the design and construction of the stadium would include provisions for storm water management stated that “the City shall use commercially reasonable efforts to ...
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