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Regular City Council Meeting Monday,May 6, 2024 Page 13 City Attorney Fiorini explained Kids in Need Foundation would be required to hire a construction management consultant and provisions would be put into the agreement stating Kids in Need Foundation would have to have an auditor review or budget information so the City is comfortable relying on any financial information received and with any sort of technical requirements the City would want Kids in Need Foundation to comply with. Mayor Roe asked if anyone knew if this was an end grant or a construction grant. City Attorney Fiorini indicated she was not sure about that. She did know that the States preference is to do these as end grants. Councilmember Etten asked how long this legal/financial option has been available in Minnesota. He wondered what the history of this is. City Attorney Fiorini explained this has been around for a long time, at least for thirteen years but probably longer. She reviewed the State requirements with the Council. Ms. Melissa Reed and Mr. Corey Gordon, Kids in Need Foundation, were at the meeting and explained this is new to their Foundation so they appreciated the fact that the Council wanted more detailed information before making a decision. Mr. Gordon reviewed the steps the Foundation has made in the process. Councilmember Schroeder stated since Ramsey County has had experience in doing these types of projects in the past, she wondered if Kids in Need Foundation had discussed the possibility of a partnership with Ramsey County. Mr. Gordon explained they have but to be frank,that goes back to the question that Mayor Roe asked the last time, which was what their contingency plans are. He indicated his Foundation is talking to the City about this particular property. Their backup plans are still in Ramsey County but not within the City of Roseville. Ms. Reed explained why she thought these types of plans do not fail. She explained these types of dollars are reserved for high priority projects such as the Dorothy Day Center and Second Harvest Heartland. She indicated there is acknowledgment of cities stepping up in this space where there is a significant economic development benefit, a significant communal impact to recognize that this is a ten- million-dollar investment in the community. Councilmember Groff indicated he was a little concerned with when the building was built because there could be asbestos and lead paint that would need to be mitigated, which could cost a lot. He asked how long the Kids in Need Foundation has been in Roseville and its history.