02/11/2008 Council Packet - Laserfiche WebLink

Home Search

Grant No. SG -00 -135 • AGREEMENT EXTENDING GRANTEE'S OBLIGATION TO COMPLY WITH LIVABLE COMMUNITIES DEMONSTRATION ACCOUNT GRANT AGREEMENT CONDITION '1111S AGREEMENT is made and entered into by the Metropolitan Council ( "Council ") and the City of Lino Lakes ( "Grantee "). WHEREAS, on December 20, 2000 the Council awarded the Grantee $450,000 in Livable Com- munities Demonstration Account grant funds to help support mixed- income housing components of The Village development located in the City of Lino Lakes; and WHEREAS, the Council's grant award was subject to two conditions: (1) the Grantee's agree- ment not to impose annual limits on the issuance of building permits connected with The Village development; and (2) the installation of a traffic signal on the northbound off-ramp of I -35W to serve The Village and existing development in the City of Lino Lakes; and WHEREAS, on March 13, 2003 the Council and the Grantee entered into a grant agreement identified as Council Grant No. SG -00 -135 which made the Grantee's receipt of the grant funds subject to the Council's two grant award conditions; and WHEREAS, in an August 24, 2005 letter the Grantee requested payment of the $450,000 grant amount even though the traffic signal had not yet been installed; and WHEREAS, on September 13, 2005 the Lino Lakes City Council adopted Resolution No. 05 -140 stating the Grantee's agreement to "reimburse the Metropolitan Council by January 31, 2008 the entire $450,000 grant amount if a traffic signal is not installed on the northbound off -ramp of I -35W and operational by December 31, 2007"; and WHEREAS, at its September 14, 2005 meeting the Council's governing body authorized payment of the $450,000 grant amount to reimburse the Grantee for eligible grant- funded expenditures prior to installation of the traffic signal subject to: (1) the Grantee's agreement to reimburse the entire $450,000 amount if the traffic signal was not installed and operational by December 31, 2007; and (2) the Grantee's formal acknowledgment of the reimbursement condition; and WHEREAS, on September 30, 2005 the Council and the Grantee executed an amendment to Grant No. SG -00 -135 under which the Grantee agreed to reimburse the Council by January 31, 2008 the entire $450,000 grant amount if the traffic signal was not installed and operational by December 31, 2007; and WHEREAS, in a November 19, 2007 letter the Grantee informed the Council that reconstruction of the I- 35W/Lake Drive (CSAH 23) interchange was underway but indicated "the signal systems will not be installed and operational until the spring of 2008 "; and Page 1 ,,f.2 Pages