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HomeMy WebLinkAbout15-155 - ADMIN Resolution - City Council - 2015/10/19• RESOLUTION NO. 15-155 RESOLUTION AUTHORIZING AN APPLICATION FOR GRANT FUNDS IN THE AMOUNT OF $300,000 FOR THE OUTDOOR ICE ARENA PROJECT Resolution of LGU Hennepin County Youth Sports Facility Grant Application Required form of resolution authorizing filing of application and execution of agreement to develop sports or recreation facilities under the provisions of the Hennepin Youth Sports Program. WHEREAS, the Hennepin County Board of Commissioners, via the Hennepin Youth Sports Program, provides for capital funds to assist local government units of Hennepin County for the development of sports or recreational facilities, and WHEREAS, the City of St. Louis Park desires to develop an Outdoor Refrigerated Ice Arena/Outdoor Recreation Facility. NOW, THEREFORE BE IT RESOLVED BY THE CITY OF ST. LOUIS PARK CITY COUNCIL of the LGU. I. The estimate of the total cost of developing PROJECT is $6.9 million dollars. The LGU is requesting $300,000 from the Hennepin Youth Sports Program and will assume responsibility for a matching funds requirement of $300,000. II. LGU agrees to own and assume one hundred (100) percent of operational and ill maintenance costs for PROJECT. LGU will operate PROJECT for its intended purpose for the functional life of the facility, which is estimated to be 30 years. III. LGU agrees to enter into necessary and required agreements with Hennepin County for the specific purpose of developing PROJECT and managing its long-term operation IV. That Tom Harmening, City Manager, is authorized and directed to execute the application or the Hennepin Youth Sports Program grant. Reviewe dministration City M Attest: City Cl k Ad by the City Council October 19, 2015 Mayo