Laserfiche WebLink
<br />RESOLUTION OF LOCAL APPLICATION <br /> <br />WHEREAS, the Minnesota Amateur Sports Commission (MASC), via the <br />State Capital Bonding Fund, provides for capital funds to assist <br />political subdivisions of the State of Minnesota for the develop- <br />ment of sport facilities; and <br /> <br />WHEREAS, the City of Roseville desires to construct and develop a <br />Speed Skating/Bandy/Multi-Use Facility for the sports of Speed <br />Skating and Bandy; <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of <br />Roseville: <br /> <br />1. Estimates that the total cost of developing said facility <br /> <br />shall be $7,237,000.00, and the City of Roseville is requesting <br /> <br />$7,237,000.00 from the State Capital Bonding Fund and will <br /> <br />assume responsibility for a match requirement of land costs. <br /> <br />2. The City of Roseville agrees to own and enter into an agree- <br />ment with the State of Minnesota in accordance with Section <br />7 of the Sports Facility Bonding Application to operate said <br />facility for its intended purpose for the functional life of <br />the facility which is estimated to be indeterminate years. <br /> <br />3. City of Roseville agrees to enter into necessary and required <br /> <br />agreements with the Minnesota Amateur Sports Commission for <br /> <br /> <br />the specific purpose of constructing a sport facility and <br /> <br /> <br />long-term program direction. <br />