Title
Amending the 2019 City Capital Improvement Budget in the amount of $4,500,000 to accept a $4,500,000 grant from the State of Minnesota for the renovation of field space at the Conway Recreation Center site, managed by the Sanneh Foundation (District 1, Ward 7).
Body
WHEREAS, the Sanneh Foundation has leased the Conway Recreation Center and provided needed recreation programming to the area since October, 2013 and will enter into a long term lease and make substantial improvements to the property; and
WHEREAS, Sanneh sought money from the State of Minnesota and in 2018 the Minnesota Legislature approved a GO Bond Grant of $4,500,000 (the “Grant”) for the renovation of the field space at Conway Recreation Center, with funds directed to the City for use at the Conway site; and
WHEREAS, Council authorized the appropriate City officials to negotiate the grant agreement and accept the funds in PH19-87, and
WHEREAS; the appropriate City officials submitted a required grant application and it has been approved to receive the legislatively approved funding; and
WHEREAS, the Mayor, pursuant to Section 10.07.1 of the Charter of the City of Saint Paul, and the advice of the Capital Improvement Budget Committee does hereby certify that $4,500,000 in funds are available for appropriation in excess of those estimated in the 2019 budget and recommends the changes to the 2019 budget identified on the Financial Analysis; now, therefore, be it
RESOLVED, that the City Council approves the changes to the 2019 capital budget as identified in the Financial Analysis.
Financial Analysis
See Attachment
CIB Recommendation
The St. Paul Long-Range Capital Improvement Budget Committee received this request on December 9, 2019, and recommends approval.