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Department Approval l REQUEST FOR COUNCIL ACTION Date.- 04/21/2008 Item No..- 7.i City Manager Approval Item Description.- Adopt a Resolution Authorizing the City to Apply for a DEED Contamination Investigation Grant for the Properties Controlled by CSM Equities LLC and a Resolution Committing Local Match and Authorizing Contract Signature for this Prcj eat 1 1. BACKGROUND 2 1.1. The Minnesota Department of Employment and Economic Development (DEED) is soliciting 3 contamination investigation grant proposals. The deadline for funding requests is May 1, 2008. As 4 part of the application process, the agency requires applicants to pass a resolution approving the investigation grant application as well as a resolution committing local match and authorizing 6 contract signature. "7 1.2. Mr. Tom Pal quilt of CSM has requested that the City apply for grant funds to assist with contamination investigation activities on the Toll Welding, Cummins Diesel, and Indianhead 9 parcels (CSM site) within the Twin Lakes project area. Braun Intertec,, the environmental I consultant for the developer, has estimated subsurface environmental investigation costs of "I'll $,75,,000 for the project site of which they are seeking $,50,000 in DEED funding. See Attachment 12 A for a complete description of the funding request. 13 1.3. As part of the grant application, CSM is showing a concept plan that has neither been reviewed by 14 the City nor gained approval by the City Council. Including the concept plan with the grant I application does nit give the developer any development rights. CSM will need to go through the 16 City's development approval process, including a public hearing at the Planning Commission and I ��7 final approval by the City Council. 2. POLICY OBJECTIVE 19 2. 1. Approving the submission of grant applications on behalf of Cent Ventures allows the City to 20 leverage state and regional dollars for environmental clean up, which will assist the City in 2 1 meeting one of the objectives of Imagine Roseville 2025.- "Partner with redevelopers to remediate 22 brown gilds and redevelop industrial sites"' (Goal 2, Strategy C, 44). 23 3. FINANCIAL IMPACTS 24 3.1. There should not be any financial impact to the City by submitting these grant applications. CSM 25 will be responsible to contribute required matching funds to the project.