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Accepting grant funds, authorizing execution of a grant agreement with indemnity obligations and other documents related thereto and amending the operating budget with respect to the City's sponsorship of a Metropolitan Council Livable Communities Act Grant Tax Base Revitalization Account (“TBRA”) grant for the benefit of Project for Pride in Living, Inc., a Minnesota non-profit corporation (“PPL”) located at 892 East Seventh Street (PIN 28-29-22-33-0062 District 4, Ward 6).
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WHEREAS, in RES 22-1556 the City Council of the City of Saint Paul resolved that the City may act as the legal sponsor in connection with 892 7th Street East’s TBRA grant application and, thereby, authorized an application to the Metropolitan Council related to PPL’s redevelopment project of a facility owned or operated by PPL and located at 892 East 7th Street (“Application”); and
WHEREAS, the Metropolitan Council accepted the Application and awarded the City a $24,900 TBRA grant for the benefit of PPL (“Grant Funds”); and
WHEREAS, the Metropolitan Council TBRA grant contract (“Grant Agreement”) requires the City to indemnify Metropolitan Council; and
WHEREAS, the Mayor, pursuant to Section 10.07.1 of the Saint Paul City Charter, does certify that there are available for appropriation funds of $24,900 in excess of those estimated in the operating budget; now, therefore, be it
RESOLVED by the City Council of the City of Saint Paul:
1. that upon the recommendation of the Mayor that the $24,900 is available for appropriation in the Operating Budget, the City Council hereby authorizes and approves said budget, as heretofore adopted by the City Council, to be amended as outlined in the attached financial analysis.
2. that the City Council hereby authorizes and approves entering into the Grant Agreement with the Metropolitan Council which includes an indemnification clause to accept and implement the Grant Funds consistent with the Application and applicable compliance requirements.
3. that the City Council hereby authorizes and approves the City entering into a subgrant agreement(s) or loan documents with the redeveloper of the site, Project for Pride in Living, Inc. (or another entity owned and controlled by it that has an interest in the subject property) for the disbursement of the Grant Funds consistent with the Application, the Grant Agreement, and applicable compliance requirements.
4. that the City Council hereby authorizes and approves City staff to take all actions necessary to carry out the activities authorized by this Resolution, including finalizing all documents and agreements necessary to effectuate the activities to be undertaken by this Resolution, subject to approval by the City Attorney’s Office.
5. that the proper City officials are hereby authorized and approved to execute any and all documents in connection with this Resolution, subject to approval by the City Attorney’s Office.
6. that this Resolution does not constitute a binding legal agreement; rather, the action taken herein shall not be effective until said documents are executed by the appropriate official(s) of the City.