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50 REQUESTED COUNCIL ACTION <br />25 5. 1. By motion, approve grant contracts between the City and the Metropolitan Council for $189,000 <br />26 in T funds. <br />27 5.2 By motion, approve the memorandum of understanding between the City and Cent Ventures that <br />28 identifies the responsibilities and the expectations of the City and Cent Ventures pertinent to the <br />2 implementation of the T grant. <br />Prepared by: Jamie Radel, Economic Development Associate <br />Attachments: A: DRAFT Memorandum of Understanding with Exhibits <br />016�j <br />