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03-962Council File # � 3 - R(�Z GreenSheet# 0�01(0 RESOLUTION CITY OF SAINT PAUL, MINNESOTA Presented Referred To Committee Date Henry Park River Bluff Acquisition Financing Plan 1 Whereas the Comprehensive Plan for the City of Saint Paul calls for the acquisirion of available bluff land within 2 Saint Paul's Mississippi River Corridor and establishes as a priority the acquisition of the Mississippi River bluff 3 land lrnown as Henry Park, located near Highway 61 and Ogden Ave.; and Whereas the Henry Park bluff site abuts Open Space, Regional parkland, Sam Morgan Regional Trail and provides for the important trail links to Pigs Eye Lake, Mississippi River, and bluffneighborhoods as called for in Saint Paul's Comprehensive Plan and provides important wildlife corridor connectivity, as called for in the Mississippi River Corridor Plan; and 8 Whereas the City of St. Paul applied for $1,000,000 in federal TEA 21 funds (Transportation Equity Act For The 9 21 �` Century) for acquiring the Henry Park bluff site. The Transportation Advisory Board (TAB) for the Twin Cities 10 Metropolitan Area determined at their September meeting that the Henry Park bluff acquisition project is eligible 11 for TEA 21 funding. Ranking of funding priarities for use of TEA-21 funds will be established at the December 12 2003 TAB meeting; and. 13 Whereas the City of St. Paul with the Friends of Henry Pazk has applied for $200,000 in Metro Greenways funds; 14 and 15 Whereas the National Park Service and Congresswoman Betty McCollum's office are working to help the City 16 secure $100,000 from the National Parks Trust; and 17 Whereas the State of Minnesota Deparhnent of Natural Resources has funding available to acquire natural and 18 scenic areas through the local grants program; and 19 Whereas the National Park Service, Minnesota Department of Natural Resources, Metro Greenways, Ramsey - 20 Washington Metro Watershed District Ramsey Soil and Water Conservation District, District 1 Community Council 21 Parks and Trails Council of Minnesota, Audubon, Audubon Minnesota, MECCA, The Conservation Fund, Friends 22 of the Mississippi River, 1000 Friends of Minnesota, Friends of Parks and Trails, Great River Greening and St. Paul 23 Pioneer Press have all gone on record supporting acquisition of the Mississippi River Bluff Land known as Henry 24 Park; and o3-y6 z 1 Whereas Lyman Properties, owner and developer of the Henry Park site, as describe below, is a willing seller. 2 Legal Description 3 Burlington Heights Div No 1 Lots 1 thru lot 21 Blk 14, subj to esmt; vac st accruing & ex E 180 ft N852 ft Tract 4 B and all of Lots 1 thru Lot 11 Blk 16 & lots 13 thru Lot 18 Blk 15; and 5 Whereas the estimated cost of acquisirion is estimated to not exceed $1,750,000; and 6 Whereas the Friends of Henry Park in conjunction with the Parks and Trails Council of Minnesota have committed 7 to seek the permanent financing for the acquisition of the Mississippi River Bluff land known as Henry Pazk, with 9 10 11 12 13 14 said permanent financing estimated to be approximately: 1) 2) 3) 4) 5) TEA-21 Metro Greenway National Parks Service Trust City of St. Paul - No Net Loss Park Fund DNR Scenic and Natural Areas Program $1,000,000 $200,000 $100,000 $113,000 $400,000 $1,813,000 15 and 16 Whereas upon completion of permanent funding, the Henry Park land will be acquired and deeded over to the City 17 of St. Paul for bluff protection and public open space; now therefore, 18 Be It Resolved that the St. Paul City Council finds the acquisition of the Henry Park bluff land to be of public 19 purposes as it is in conformance with goals and priorities of the Saint Paul Comprehensive Plan; and 20 Be It Also Resolved that the St. Paul City Council is hereby indicating its desire to assist in the temporary financing 21 of the acquisition cost until adequate grant money is obtained by providing a public purpose, interest free loan to 22 the Parks and Trails Council of Minnesota for the purpose of providing temporary financing to acquire the Henry 23 Park bluff site, subject to Mayor Kelly recommending a 2003 budget amendment to so provide $350,000 in 24 temporary financing from the City's Capital Improvement Budget; and 25 Be It Further Resolved that ttie St. Paul City Council is hereby indicating its desire to assist in the permanent 26 financing of the acquisition cost for the Henry Pazk bluff site by using all available money in the City of Saint PauP s 27 No Net Loss Pazk Fund, subject to Mayor Kelly recommending a 2003 budget amendment to so provide $113,000 28 in permanent financing from the City's Capital Improvement Budget; and 29 Be It Further Resolved that the City of St. Paul's permanent financing contribution will be limited to $113,000 30 for the Henry Pazk bluff acquisition project; along with an annual ongoing maintenance obligation for undeveloped 31 open space; and 03-96� Be It Further Resolved that the City of St. Paul's temporary financing assistance until grants aze received will be limited to $350,000, with said loan to the Pazks and Trails Council of Minnesota being contingent upon interim financing participation by other entities as listed below: 4 1) $200,000 5 2) $400,000 6 3) $250,000 7 4) $450,000 8 5) $350,000 9 6) $113.000 10 $1,763,000 11 and Pazks and Trails Council Conservation Fund Lyman Properties - Deferred Payments Ramsey County, City of Saint Paul Temporary Loan City of St. Paul - No Net Loss Park Fund (Permanent Financing Source) Estimated Total Interim Financing Sources 12 Be It Further Resolved that the repayment of interim financing will be allocated to the various lending partners 13 based on the percentage of money contributed as a loan; and 14 Be It Finally Resolved that the St. Paul City Council requests Mayor Kelly to propose 2003 Capital Improvement 15 Budget amendments for the Henry Park Bluff Acquisition so that the City Council can take formal acfion to amend 16 the City's budget in arder to assist in acquiring and protecting this property. Requested by Deparhnent of: � Adoption Certified by Co cil Secretary BY �a:Yi Approved by Mayor: Date Form Approved by City Attorney � Approved by Mayor for Submission to Council � � Adopted by Council: Date � �1,��. �^� _— � o3-5Ga- GREEN SHEET Councilmember Kathy Lantry 6-8670 Suspension TOTAL # OF SICaNATURE PAGES ,;;,, � . .: ,-;,: � No 200763 ❑ a'r�nopav ❑ anannc _ ❑ wuwew.s[mncESOw. ❑ wuwry�aFwncero ❑ r�vortroR�*asrµn � (CLIP ALL LOCATIONS FOR SIGNATURE) wrs Resolution requesting the Mayor propose 2003 Capital Improvement Budget amendments for the Henry Pazk Bluff Acquisition so that the City Council can take formal action to amend the City's budget in order to assist in acquiring and protecting this property. 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