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05-08-23-R
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05-08-23-R
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5/5/2023 3:13:27 PM
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Budtet Impact <br />Per the presentation by Great River Greening at the special work session, the grant would require <br />a 25% match by city funds, which could utilize "in -kind" resources and hours spent by <br />volunteers and city staff. <br />The break down of maximum cost to the City of Arden Hills is based off the estimated cost for <br />the projects as follows and is broken down in Attachment A: <br />Location Total Estimated Cost City's Share at 25% Annual Totals Over 5 Years* <br />Hazelnut Park $70,000 $17,500 $3,500 <br />Floral Park $104,500 $26,125 $5,225 <br />*Grant recipient has 5 years to fulfill its obligation to a funded project <br />Attachments <br />Attachment A: Breakdown of City's cost commitment <br />Page 2 of 2 <br />
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