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D002055Covncil File # �ob«��, Resolution # � RESOLl7TION ECONONIIC DEVELOPMENT AND THE METROPOLITAN COUNCIL FOR THE REMEDIATION OF THE U.S. BANK OPERATIONS CENTER SITE WHEREAS, the City Council on Apri125, 2001, by Resolutions Number O1-414 and O1-415 authorized the Director of the Department of Plauning and Economic Development to apply to the Department of Trade and Economic Deveiopment and the Metropolitan Council for grants to remediate the U.S. Bank Operations Center site; and 10 WI�REAS, the Departrnent of Trade and Economic Development approved a$1,989,083 grant from its l 1 Contamination Cleanup Grant Program, and the Metropolitan Council approved a$799,685 grant from the 12 Tax Base Revitalization account of its Livable Communities Program; and 1 � WFIEREAS, the U.S. Bank Operations Center project, which involves developing a new 350,000 square 15 foot office building and adjoining parking ramp on a highly contaminated site, will not go forward without 16 remediating the contamination; and 17 18 19 20 21 22 'WHEREAS, the Mayor, pursuant to Section 10.07.1 of the Charter of the City of Sairit Paul, does hereby certify that $2,788,768 in funds aze auailable for appropriation in excess of those estimated in the 2001 budget and recommends the following changes to the 2001 budget: Current Budget Chan�es Amended Budget 23 FINANCING PLAN 24 101 State Grant Program Fund 25 101-36303-3490-61649 (DTEA Cnant) $0 $1,989,083 $1,989,083 26 101-3b303-3802-61649 (Met Council Grant) �0 799 685 $ 799.685 27 Total: $0 $2,788,768 �2,788,768 28 29 SPENDING PLAN 30 Acquisition/Remediation of U.S. Bank Operations Center site 31 101-36303-0899-61644 �0 $2.788.768 $2,788,768 32 Total: $0 $2,788,768 $2,788,'168 33 ?^ NOW THEREFORE, BE IT RESOLVED, that the City Council of Saint Paui approves the above changes � to the 2001 budget, and the Director of PED is authorized to execute such agreements on behalf of the City as a_ are necessary to implement the project. RESOLUTION ACCEPTING GRANT5 FROM THE DEPAR'TMEN'T OF TRAllE A.ND �DEPARTMENT/OFFICE/COUNCIL: DATE INITIATED PED August 2, 2D01 CONTACTPERSON &PHONE: "*aig Biakely, 66697 p ON COUIVCIL AGENDA BY (DATE) `�IGv 15' , Consent Agenda FNOm�csEx ROUTING ORDER GREENSHEET f1uYY7A/IO.V�aI 2 I DEPARTMENT DIR CiTY A1 TORNEY 3 � FIN. 5ERVICES DII2. No.:ll1220 -. ---� ` INITIAIJDATE ITY COUNCII, � 4 CITY CLERK �' 5 � FIN. SERVICES ACCTG. i I ACTIVI'I'Y MANAGER TOTAL H OF SIGNATURE PAGES �(CLJP ALL LOCATIONS FOR SIGNATIJRE) acrcox rcEQUes�n: Resolution accepting grants from the Met Council and DTED for the remediation of the U.S. Bank Operations Center site. RECOMMENDATIONS: Appmve (A) or Reject (R) PERSQNAL SERVSCE CONI'RACTS NNST A.i�'SWER THE FOLLOWING ` QUESTIONS: PLANNING COMMISSION 1. Ras this personlfiim ever worked under a contract for this department? � CIB COMMITI'EE Yes No CIVIL SERVICE WMMISSION 2. Has this persoNfinn everbeen a ciry employee? Yes No 3. Does this peison/fittn possess a skill not normally possessed by any current city employee? Yes No _ Explain alt yes answers on separate sheet and attacN to greeu sheet 'TIATING FROSLEM, ISSUE, OPPORTUNII'1 (Who, What, When, Wheie, W6y): 7he City received $2,788,768 in grants from the Met Council and DT'ED for cleaning up contamination on the U.S. Bank Operations Center site. ADVANTAGESIFAPPROVED: State grant funds will help remediate contamination on the site. DISADVANTAGES IF APPAOVED: �OIIe. DISADVANTAGES IF NOT APPROVED: The project will not move forwazd. TOTALAMOUN'A'OFTRANSACTION: $Z,7$B��TEI$ FUNDING SOURCE:� Granu . / FINANCIAL RVk'QRMATION: (EXPLAIIV) MA'YOR OR ASSISTANT COSTlREVENUE BUDGETED: Yes AC1'IV1TY NUMBERS: . � Financing Plan: DT'ED: 101-363033490-61649 Met Council: 101-36303-3802-61649 Spending Plan: Acq./f2emed. 101-36303-0899-61649 All615 2001 CITY CLERK � €