Title
Authorizing the Department of Planning and Economic Development to execute grant agreements with the State of Minnesota Department of Employment and Economic Development, which includes an indemnification clause, acceptance of grant funds, and amendment of related City budgets.
Body
Authorizing the Department of Planning and Economic Development to execute grant agreements with the State of Minnesota Department of Employment and Economic Development, which includes an indemnification clause, acceptance of grant funds, and amendment of related City budgets.
WHEREAS, the Department of Planning and Economic Development applied for and has received grant funding from the Department of Employment and Economic Development Redevelopment Grant program as reflected in RES 22-112; and
WHEREAS, the Department of Employment and Economic Development awarded 176 South Robert Street a Redevelopment Grant of $158,196; and
WHEREAS, the grant agreements necessary for the receipt of the Grant require the City to defend and indemnify the Department of Employment and Economic Development as a condition of receiving the grant; and
WHEREAS, the City Council finds that there is a public purpose in acceptance of the grant funds; and
WHEREAS, the financing and spending plan has not been established for the grant received; and
WHEREAS, the Mayor pursuant to Section 10.07.1 of the Charter of the City of Saint Paul, does certify that there are available appropriation, funds of $158,196 in excess of those estimated in the 2022 budget; now, therefore, be it
RESOLVED, that the Council of the City of Saint Paul hereby authorizes the proper City officials to execute necessary agreements with the Department of Employment and Economic Development, which includes an indemnification clause, to accept and implement the grant funds, and to amend the City’s budget as specified in the attached financial analysis.