Title
Approving the use of grant funds through the Ward 5 Neighborhood Star Year-Round Program for Abogados Cafe.
Body
WHEREAS, on May 20, 2022, the Neighborhood STAR Board reviewed a proposal for STAR grant financing through the Neighborhood STAR Year-Round Program for costs associated with the purchase and permanent installation of an espresso machine at Abogados Cafe, 1053 N. Dale Street; and
WHEREAS, no matching funds were pledged for this project; and
WHEREAS, this new business will positively impact Saint Paul’s Como neighborhood; and
WHEREAS, the Neighborhood STAR Board rated this project a 4.0 on a scale from 1 (low)
to 5 (high); and
WHEREAS, due to the community significance of this project, a waiver to City Council approved Neighborhood STAR Guidelines is being recommended to eliminate the required $1 for $1 match with private resources; and
WHEREAS, due to the community significance of this project, a waiver to Neighborhood STAR Guidelines prohibiting STAR funding for existing debt is being recommended; and
WHEREAS, it is the intent of the Mayor and the Saint Paul City Council to participate in the financing of these activities by providing up to $12,534 in grant financing through the Ward 5 Neighborhood STAR Year-Round Program; now be it
RESOLVED, upon the recommendation of the Mayor, the Council of the City of Saint Paul hereby authorizes and directs the appropriate City officials to execute the necessary grant documents to implement this Resolution, subject to approval by the City Attorney; and be it
FINALLY RESOLVED, staff of the Department of Planning and Economic Development are further authorized and directed to proceed with all other actions necessary to implement this Resolution.