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278766 WHITE - CITY CLERK �F'y[��(�� CANARY - DEPARTMENT COUIICIl i�j � BLUE - MAVOR GITY OF SAINT PAUL File NO. Community Developme • • Co ci� R es tiQn .� � Presented By � f Referred To Committee: Date Out of Committee By Date RESOLUTION AUTHORIZING THE ACCEPTANCE OF AN URBAN DEVELOPMENT ACTION GRANT FOR THE ENERGY PARK PHASE 2 PROJECT WHEREAS, the Council of the City of St. Paul did authorize the submission of an Urban Development Action Grant application (Grant) to the U.S. Department of Housing and Urban Development (Department) , for the second phase of the Energy Park project (Project) , on January 26, 1982, Council File #278115; and WHEREAS, the Department has given preliminary approval to this Grant, on April 7, 1982, in the amount of $3,431,000; now, therefore, be it RESOLVED, that the Council of the City of St. Paul does hereby accept said Grant from the Department for the Project; and be it FURTHER RESOLVED, that Mayor Latimer, as Chief Executive Officer of the City, is hereby authorized and directed to execute such agreements and to provide such assurances as necessary between the City and the Department, and to execute such agreements as necessary between the City and the Participating Parties as defined in the Grant Agreement for the Project. COUNCILME[�I Requestgd by Department of: Yeas l�ays Hunt P nnin and Economic Dev o ment ev' e Fl�► [n Favor dox Levine � Mwaiter Masanz _ __ Against BY e � Nicosia il Scheibel Tedesco JUN 3 1982 Form Approved by City Attorney Adopted by Council: yy��son Date — � Certific:d Pa� ouncil Se etar BY ' By _ - � Appr v by 14avor: Dat ����� Approved b ayor for Submission to Council B�' - BY �uausHEa J uN 12 1982 . • DEPARTMEMT: Development � CONTACT: Terry Ri.ttenhouse ROUTING at�n EXPLANATI�N SNEET PHONE: - GREEN SHEET . . 1'�'.. . . For Administrative Orders, ReBOlutions, Ordinsnces aad Agreements ROUTING QRDER - ROUTE SY ASSI6NEn NllhffiER: � RECTOR OF MANAGEMENT RECEIVED Yo� MAY 2 61982 / DEPARTMENT DIRECTOR DI ECTOR, FINANCE & h�T� SERVICES '� CITY ATTORNEY � CITY CLERK MAYORS OFFICE BUD6ET DIRECTOR 9 + ACTION RFpLESTE1f �GLIP ALL L�CATt�NS FOR hleYO AL StC-l�LeTLRE); Signature on attached Council Resolution. WHAT WILL BE ACNIEVE BY TAKtNG ACTIAN ON THE ATTACFIF� NL!TERIALS �PL1RppSE AND RATIANALE��, � This grant award of $3,431,000, for the second phase of the Energy Park project, will be used to provide further infrastructure improvements in the project, and wiil help to leverage three new private developments, for a total additional private investment of $22,500,000, creating 495 new permanent jobs. FibL�NCiAL. BLID6ETARY AND PERcONNEL IMPACTS ANTiC1PlITED, ATTACHMENTS �LIST ALl ATTACHMENTS): 1, Council Resolution 2. 3, ¢abe �ctv.r.ew neceaa on. ewt o e o eu�w c.ua�en.ta �t a� � � C+�t9 �_ J. Counc.i,e Rebe.Cwti.on R¢qwin.edf YES NO i. Rebo.�ccti`cnP f�ES NO 2. Taewcance Reqtwr.ed? Y�S NO 2. Ineunwzce Su6b�i.ci.¢nti YES NO 3. Ineuna►ice A,ttachedY Y€S NO . Revision OTi:4/29/82