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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 Tax Base Revitalization Account (TBRA) Contamination Cleanup Grant Program for the benefit of Robert Street, LLLP at 176 South Robert Street (District 3, Ward 2).
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WHEREAS, in RES 23-1571, the Saint Paul City Council resolved that the City of Saint Paul (the “City”) may act as the legal sponsor in connection with a TBRA grant application for the benefit of Robert Street, LLLP and, thereby, authorized an application to the Metropolitan Council related to the Robert Street, LLLP project located at 176 South Robert Street (“Application”); and
WHEREAS, the Metropolitan Council accepted the Application and awarded the City a $394,300 TBRA grant for the benefit of Robert Street, LLLP for such site (“Grant Funds”); and
WHEREAS, the Metropolitan Council Tax Base Revitalization Account (TBRA) Contamination Cleanup 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 $394,300 in excess of those estimated in the operating budget; now, therefore, be it
RESOLVED by Saint Paul City Council:
1. Upon the recommendation of the mayor that the $394,300 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. 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 Fund...
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