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CR 07-045 Environmental Clean-Up Grant Apps-6th & MainG~TY OF April 12, 2007 H O P K I N S Council Report 2007-045 • ENVIRONMENTAL CLEAN-UP GRANT APPLICATIONS -SIXTH AND MAIN Proposed Action: Staff recommends adoption of the following motion: Move to approve Resolution 2007-32 authorizing submittal of environmental clean-up rq ant application to the Metropolitan Council and Hennepin County in conjunction with the proposed Sixth & Main redevelopment. Ov rview As part of the proposed redevelopment of the Block 64 site by GPS Financial, staff has been asked to support and submit a grant application for environmental contamination remediation. Various forms of soil contamination and asbestos appear to exist on the site and must be addressed before any development such 'as the one proposed by GPS Financial can occur. Applicants for the grant funds must be municipalities or other such agencies. Therefore, Hopkins would act as the official sponsor and applicant. GPS Financial has agreed to be responsible for all costs associated with the application including any local match required. The approximate total amount of the grant requests is $1,303,000 with the developer contributing $325,750. Primary Issues to Consider Existing site contamination must be addressed in order for this property to be redeveloped. GPS Financial has agreed to assume all costs associated with this grant application. As a result, staff recommends authorizing the submittal of this application. Supporting Information Resolution 2007-32 Kerste Elverum G Hous' g & Development Coordinator Financial Impact: $ 0 Budgeted: Y/N Source: Related Documents (CIP, ERP, etc.): Notes: CITY OF HOPKINS HENNEPIN COUNTY, MINNESOTA RESOLUTION NO. 2007-32 RESOLUTION AUTHORIZING APPLICATION TO THE METROPOLITAN LIVABLE COMMUNITIES TAX BASE REVITALIZATION ACCOUNT AND HENNEPIN COUNTY ENVIRONMENTAL RESPONSE FUND PROGRAMS WHEREAS, the City has identified aclean-up project within the City located on the 500 block of Mainstreet for redevelopment by 6th and Main Condominiums, LLC that meets the purposes and criteria of these programs; and WHEREAS, the City of Hopkins is a participant in the Livable Communities Act's Housing Incentive Program for 2007 as determined by the Metropolitan Council, and is therefore eligible to make application for funds under the Tax Base Revitalization Account; and WHEREAS, that the City of Hopkins has the legal authority to apply for financial assistance, and the institutional, managerial, and financial capability to ensure adequate project administration, and WHEREAS, that the sources and amounts of local match identified in the applications are committed to the project, and WHEREAS, the City certifies that it will comply with all applicable laws and regulations as stated in the contract agreements; and WHEREAS, the City of Hopkins has not violated any federal, state, or local laws pertaining to fraud, bribery, graft, kickbacks, collusion, conflict of interest or other unlawful or corrupt practice. THEREFORE, BE IT RESOLVED, that the City of Hopkins supports the environmental financial grant applications to the Metropolitan Council and Hennepin County Department of Environmental Services and agrees to act as legal sponsor for the project contained in the applications submitted on May 1, 2007. BE IT FURTHER RESOLVED that upon approval of its applications, the City of Hopkins may enter into an agreement with the State of Minnesota, Metropolitan Council and Hennepin County for the above referenced project. Adopted this 17th day of April, 2007. By Eugene J. Maxwell, Mayor Attest: Terry Obermaier, City Clerk