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Mounds View City Council March 9, 2009 <br />Regular Meeting Page 8 <br />1 Council Member Stigney asked about the probability to receive the grant. Mr. Rhein noted it <br />2 would be a 3 to 1 return on the money and estimated a 50150 chance for Mounds View to receive <br />3 this grant. <br />4 <br />5 Council Member Stigney asked how much of the grant criteria fits this project. Mr. Rhein stated <br />6 this grant is for projects with environmental impacts, a perfect fit for the City's project. He <br />7 explained that each application will be ranked and funded as received and the program will be <br />8 done when the funding has been allocated. <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />28 <br />29 <br />30 <br />31 <br />32 <br />33 <br />34 <br />35 <br />36 <br />37 <br />38 <br />39 <br />40 <br />41 <br />42 <br />Mayor Flaherty stated it is a risk but such a grant would greatly benefit the City's financing for <br />this project. <br />MOTION/SECOND: Stigney/Gunn. To Authorize Staff to work with Bonestroo to Prepare a <br />Grant Application through PFA for a Green Project Reserve Grant at a cost not to exceed $7,500. <br />Mr. DeBar stated he has worked with the PFA in the past, they are a great agency to work with <br />and low-interest loans are a benefit to the City. Mr. DeBar stated that he will be able to assist <br />with the application process. <br />Ayes - 5 Nays - 0 Motion carried. <br />Clerk-Administrator Ericson announced the Chamber of Commerce breakfast meeting with <br />Governor Pawlenty at The Mermaid on March 26, 2009. <br />Mr. Rhein advised that last Friday, Mounds View received the State Aid disbursement of $1.1 <br />million for the Red Oak Drive and Hillview Road street project. <br />C. Reports of City Attorney. <br />Noted. <br />12. Next Council Work Session: <br />Next Council Meeting: <br />Monday, Apri16, 2009, at 7 p.m. <br />Monday, March 23, 2009, at 7 p.m. <br />13. ADJOURNMENT <br />The meeting was adjourned at 8:47 p.m. <br />Transcribed by: <br />Carla Wirth <br />Timesaver Off Site Secretarial, Inc. <br /> <br />