8C, City - County Joint Powers Agreement for TCAAP

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lt -- IkEN�HILLS MEMORANDUM DATE: November 13,2012 TO: Honorable Mayor and City Council Me bers FROM: Patrick Klaers, City Adminis at r /"( SUBJECT: City—County JPA for TCAAP Background In 2011 and 2012, Ramsey County and the Minnesota Vikings proposed to Governor Dayton and the State Legislature that the best site for a stadium project was the TCAAP property. The City of Arden Hills supported the efforts of Ramsey County in this endeavor and stated that the City was open to any project that removes the abandoned buildings on the TCAAP site, remediates the environmental issues, and returns the site to productive use. During the stadium discussions, the County successfully negotiated a purchase price from the General Services Administration(GSA) for the TCAAP property. The County also successfully negotiated a contract with Bolander and Sons for the remediation of the TCAAP property. The total cost for acquisition and remediation was approximately$28.5 million. As we all know,the stadium proposal has come and gone. However, what has not come and gone is the commitment of Ramsey County to acquire, remediate, and help put the TCAAP property back into productive use. In June 2012,the County Board took action to apply for a DEED grant and other funding opportunities to help finance the remediation of the TCAAP property. On June 25, 2012 the City Council adopted Resolution 2012- 023: A Resolution in Support of the Acquisition and Remediation of the Twin Cities Army Ammunition Plant Site by Ramsey County. The DEED grant application was not successful but the County is continuing to work on the TCCAP project. In October 2012, the County Board amended the Bolander contract; and the Offer to Purchase (OTP) between the County and GSA has been extended until the end of the year. As the County continues to pursue the acquisition and remediation of the TCAAP property,they also want to firm up their partnership with the City. While the County fully expects to recapture its up-front financial investment into the TCAAP project,the County also wants to know that if they are going to invest up to $28.5 million into the TCAAP project,then the City supports them in their efforts to put the property into productive