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98-387Council File # � v - � � t Green Sheet # ��_-S� RESOLUTION CITY OF SAINT PAUL, MINNESOTA 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 2$ 29 30 31 Presented By Referred Committee: Date RESOLUTION APPROVING AND AUTHORIZING THE EXECUTION OF A MEMORANDUM OF UNDERSTANDING WITH RK MIDWAY LLC REGARDING THE REMEDIATION OF POLLUTION ON THE MIDWAY CENTER SITE WHEREAS, the City Council by Resolution No. 95-1OJ25-8 authorized the submission of a Contamination Cleanup Grant application to the Minnesota Department of Trade and Economic Development for the Midway Center site and the City was awarded a grant of $481,482.00; and WHEREAS, RK Midway LLC, the present owner of the P+Iidway Center site, wants to perform remediation and clean up work at the site in accordance with a Voluntary Remediation Action Plan accepted by the Minnesota Pollution Control Agency and then redevelop the site; and wHEREAS, the estimated total cost of cleanup is $1,596,000.00, which cost will be paid by the state grant of $481,482.00, a loan from the City of $922,518.00 from HUD Section 108 loan guaranty funds, to be paid back to the City through tax increments and a City contribution of $192,000.00; and WEiEREAS, City staff has negotiated a Memorandum of Understanding with RK Midway LLC, for City Council consideration; now, therefore, be it RESOLVED, that the City Council of the City of St. Paul, hereby approves and authorizes execution of the Memorandum of Understanding in the form as attached hereto and authorizes the Mayor, Director, Department of Planning and Economic Development, and Director, Office of Financial Services to execute the Memorandum of Understanding, subject to approval by the City Attorney; and 32 33 34 35 36 37 38 39 40 41 '. . � FURTHER RESOLVED, that staff is authorized to proceed with the preparation of a final Development Agreement and related documents among the City, HRA and RK Midway LLC, the terms of which will be consistent with and which will supersede the Memorandum of Understanding within thirty days after adoption of this Resolution. by Adopted by Council: Date Co Adoption Certified by Council S etary Byc / /� Approved by Mayor� Date l y By: Pla � a H�on�m�c DP �opm t By: Form Approved by City Attorney By: Approved by Mayor for Submision to Council By: cZ� covriczL �A�T��&�E 266-8640 Councilmember Jay Benanav �T 6E ON COUNCIL AGENOA BV (n4TE� Suspension Ztem DATE�NRIATED May 6, 1998 � 0 TOTAL # OF SIGNATURE PAGES �� - GREEN SHEET No 60891 � �„��,� � ��. _ ❑ OIYATiOMlEY ❑ piYGiRK ❑ wrxr��arnucFaow. ❑ w+u¢w�aeanxcrc ❑ W ���� ❑ (CIJP ALL LOCATIONS FOR SIGNATURE) Approving and authorizing the execution of a memorandum of understanding with RK Midway LLC regarding the remediation of pollution on the Midway Center Site. PLANNING COMMISSION CIB CAMMITTEE CIVIL SERVICE CAMMISSION IF OF TRANSACTION When. Where. Fias tAls persoMrm ever wofked under a conlrac[ farNis deparimeM7 YES NO Has thie pefaoNfirtn e�er been e city empbyee? , YES NO Do� this De�soNfirm G� a sidll not namalbP�%� bY a�Y curtent ciry emWoYee4 YES NO �6 �118 D��Mlif� 8 /3f�MCd V211d0(1 YES NO Nain all ves answeis m seoarate sheet and atlach to nreen sl�eet CAET/REVENUE BUDfiETED �GRCLE ONE) VES NO ACTIVITY NUMBER Council File # � v - � � t Green Sheet # ��_-S� RESOLUTION CITY OF SAINT PAUL, MINNESOTA 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 2$ 29 30 31 Presented By Referred Committee: Date RESOLUTION APPROVING AND AUTHORIZING THE EXECUTION OF A MEMORANDUM OF UNDERSTANDING WITH RK MIDWAY LLC REGARDING THE REMEDIATION OF POLLUTION ON THE MIDWAY CENTER SITE WHEREAS, the City Council by Resolution No. 95-1OJ25-8 authorized the submission of a Contamination Cleanup Grant application to the Minnesota Department of Trade and Economic Development for the Midway Center site and the City was awarded a grant of $481,482.00; and WHEREAS, RK Midway LLC, the present owner of the P+Iidway Center site, wants to perform remediation and clean up work at the site in accordance with a Voluntary Remediation Action Plan accepted by the Minnesota Pollution Control Agency and then redevelop the site; and wHEREAS, the estimated total cost of cleanup is $1,596,000.00, which cost will be paid by the state grant of $481,482.00, a loan from the City of $922,518.00 from HUD Section 108 loan guaranty funds, to be paid back to the City through tax increments and a City contribution of $192,000.00; and WEiEREAS, City staff has negotiated a Memorandum of Understanding with RK Midway LLC, for City Council consideration; now, therefore, be it RESOLVED, that the City Council of the City of St. Paul, hereby approves and authorizes execution of the Memorandum of Understanding in the form as attached hereto and authorizes the Mayor, Director, Department of Planning and Economic Development, and Director, Office of Financial Services to execute the Memorandum of Understanding, subject to approval by the City Attorney; and 32 33 34 35 36 37 38 39 40 41 '. . � FURTHER RESOLVED, that staff is authorized to proceed with the preparation of a final Development Agreement and related documents among the City, HRA and RK Midway LLC, the terms of which will be consistent with and which will supersede the Memorandum of Understanding within thirty days after adoption of this Resolution. by Adopted by Council: Date Co Adoption Certified by Council S etary Byc / /� Approved by Mayor� Date l y By: Pla � a H�on�m�c DP �opm t By: Form Approved by City Attorney By: Approved by Mayor for Submision to Council By: cZ� covriczL �A�T��&�E 266-8640 Councilmember Jay Benanav �T 6E ON COUNCIL AGENOA BV (n4TE� Suspension Ztem DATE�NRIATED May 6, 1998 � 0 TOTAL # OF SIGNATURE PAGES �� - GREEN SHEET No 60891 � �„��,� � ��. _ ❑ OIYATiOMlEY ❑ piYGiRK ❑ wrxr��arnucFaow. ❑ w+u¢w�aeanxcrc ❑ W ���� ❑ (CIJP ALL LOCATIONS FOR SIGNATURE) Approving and authorizing the execution of a memorandum of understanding with RK Midway LLC regarding the remediation of pollution on the Midway Center Site. PLANNING COMMISSION CIB CAMMITTEE CIVIL SERVICE CAMMISSION IF OF TRANSACTION When. Where. Fias tAls persoMrm ever wofked under a conlrac[ farNis deparimeM7 YES NO Has thie pefaoNfirtn e�er been e city empbyee? , YES NO Do� this De�soNfirm G� a sidll not namalbP�%� bY a�Y curtent ciry emWoYee4 YES NO �6 �118 D��Mlif� 8 /3f�MCd V211d0(1 YES NO Nain all ves answeis m seoarate sheet and atlach to nreen sl�eet CAET/REVENUE BUDfiETED �GRCLE ONE) VES NO ACTIVITY NUMBER Council File # � v - � � t Green Sheet # ��_-S� RESOLUTION CITY OF SAINT PAUL, MINNESOTA 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 2$ 29 30 31 Presented By Referred Committee: Date RESOLUTION APPROVING AND AUTHORIZING THE EXECUTION OF A MEMORANDUM OF UNDERSTANDING WITH RK MIDWAY LLC REGARDING THE REMEDIATION OF POLLUTION ON THE MIDWAY CENTER SITE WHEREAS, the City Council by Resolution No. 95-1OJ25-8 authorized the submission of a Contamination Cleanup Grant application to the Minnesota Department of Trade and Economic Development for the Midway Center site and the City was awarded a grant of $481,482.00; and WHEREAS, RK Midway LLC, the present owner of the P+Iidway Center site, wants to perform remediation and clean up work at the site in accordance with a Voluntary Remediation Action Plan accepted by the Minnesota Pollution Control Agency and then redevelop the site; and wHEREAS, the estimated total cost of cleanup is $1,596,000.00, which cost will be paid by the state grant of $481,482.00, a loan from the City of $922,518.00 from HUD Section 108 loan guaranty funds, to be paid back to the City through tax increments and a City contribution of $192,000.00; and WEiEREAS, City staff has negotiated a Memorandum of Understanding with RK Midway LLC, for City Council consideration; now, therefore, be it RESOLVED, that the City Council of the City of St. Paul, hereby approves and authorizes execution of the Memorandum of Understanding in the form as attached hereto and authorizes the Mayor, Director, Department of Planning and Economic Development, and Director, Office of Financial Services to execute the Memorandum of Understanding, subject to approval by the City Attorney; and 32 33 34 35 36 37 38 39 40 41 '. . � FURTHER RESOLVED, that staff is authorized to proceed with the preparation of a final Development Agreement and related documents among the City, HRA and RK Midway LLC, the terms of which will be consistent with and which will supersede the Memorandum of Understanding within thirty days after adoption of this Resolution. by Adopted by Council: Date Co Adoption Certified by Council S etary Byc / /� Approved by Mayor� Date l y By: Pla � a H�on�m�c DP �opm t By: Form Approved by City Attorney By: Approved by Mayor for Submision to Council By: cZ� covriczL �A�T��&�E 266-8640 Councilmember Jay Benanav �T 6E ON COUNCIL AGENOA BV (n4TE� Suspension Ztem DATE�NRIATED May 6, 1998 � 0 TOTAL # OF SIGNATURE PAGES �� - GREEN SHEET No 60891 � �„��,� � ��. _ ❑ OIYATiOMlEY ❑ piYGiRK ❑ wrxr��arnucFaow. ❑ w+u¢w�aeanxcrc ❑ W ���� ❑ (CIJP ALL LOCATIONS FOR SIGNATURE) Approving and authorizing the execution of a memorandum of understanding with RK Midway LLC regarding the remediation of pollution on the Midway Center Site. PLANNING COMMISSION CIB CAMMITTEE CIVIL SERVICE CAMMISSION IF OF TRANSACTION When. Where. Fias tAls persoMrm ever wofked under a conlrac[ farNis deparimeM7 YES NO Has thie pefaoNfirtn e�er been e city empbyee? , YES NO Do� this De�soNfirm G� a sidll not namalbP�%� bY a�Y curtent ciry emWoYee4 YES NO �6 �118 D��Mlif� 8 /3f�MCd V211d0(1 YES NO Nain all ves answeis m seoarate sheet and atlach to nreen sl�eet CAET/REVENUE BUDfiETED �GRCLE ONE) VES NO ACTIVITY NUMBER