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2009_0323_ Packet_Exec
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2009_0323_ Packet_Exec
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4/20/2009 12:58:49 PM
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"and the City Manager, which can be found in lines 11 and 32 of Attachment A: Amended <br />Resolution. Without this correction, the City's application will become invalid. <br />4.2 Staff also recommends that the City Council accept the $528,846 DEED Redevelopment Grant <br />award. These funds will help defray the costs of the initial phase of infrastructure improvements <br />within the Twin Lakes Redevelopment Area. As part of the intergovernmental agreement between <br />the City and the Metro Transit, the City has committed to constructing these improvements. <br />5. O REQUESTED COUNCIL ACTION <br />5.1 Sy resolution, reaffirm the decision to allow the City to submit a grant application to DEED's <br />Redevelopment Grant Program for the acquisition of right-of-way, construction of a segment of <br />Twin Lakes Parkway, Mount Ridge Road and associated utilities, and improvements to the <br />intersection of Cleveland Avenue and Twin Lakes Parkway. <br />5.2 Sy motion, enter into the agreement with DEED to accept the $528,846 DEED Redevelopment <br />Grant award. <br />Prepared by: Jamie Radel, Economic Development Associate <br />Attachments: A: Amended Resolution <br />B: DEED Redevelopment Grant Agreement <br />Page 2 of 2 <br />
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