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04-17-23-WS
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04-17-23-WS
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and financially committing to your city local match contribution. We will need this council <br />action no later than July 31 st in order to submit the rant request. " <br />Follow up items from the March Work Session: <br />• State Bond Funding: The county will not be pursuing State bond funding for this project. <br />• Local Match: In terms of maximum local match commitment from the city, the county would <br />need that to be $2 million, in order to submit the federal grant request to Met Council. This <br />assumes a $5.5 million federal grant (maximum award) and a $2 million local match contribution <br />from the county. Met Council does not have a history of awarding less than the requested federal <br />grant amount, so we will likely either get the full $5.5 million as requested, or we will get <br />nothing. There can't be any stipulations or contingencies tied to the city's local match <br />commitment in order for us to have an eligible application. <br />Discussion <br />If given direction to proceed with the Lake Johanna Blvd Trail, City staff will notify Ramsey <br />County of the decision and bring forward a Resolution for Council approval at a future Council <br />meeting before the July 31, 2023 deadline. <br />Budget Impact <br />Proposed Lake Johanna Blvd Trail: <br />City PIR $2,000,000 <br />Ramsey County $2,000,000 <br />Grant Funding $5,500,000 <br />Total: $9,500,000 <br />This project is not currently programmed in the City's CIP. <br />Attachments <br />N/A <br />Page 2 of 2 <br />
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