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Regular City Council Meeting Monday, July 27, 2009 Page 9 Roll Call Ayes: Pust; Roe; Ihlan; Johnson; and Klausing. Nays: None. b. Adopt a Resolution Authorizing Submission of a DEED Redevelopment Grant for the Twin Lakes Redevelopment Area Economic Development Associate Jamie Radel provided a summary of the writ- ten Request for Council Action dated July 27, 2009; seeking authorization to so- licit aredevelopment grant in the amount of $1 million from the Minnesota De- partment of Employment and Economic Development (DEED). Ms. Radel noted that the grant required a dollar for dollar match from the City, and intent was for Phase II of the construction of Twin Lakes Parkway from Mount Ridge Road to Prior Avenue, with some funds already expended and grant-eligible for this phase of redevelopment. Ms. Radel noted that in September of 2008, the City had been awarded $528,000 for Phase I of the project, consisting of construction of a por- tion of Twin Lakes Parkway, Mount Ridge Road and associated infrastructure. Discussion included staff's estimate of approximately $850,000 expended to-date on this phase; ability of the City to decline grant funds if they were unable to meet the match requirements; additional revenues sources (i.e., Tax Increment Financ- ing and grant funds from other agencies) that may be available; and charges to fu- ture developing properties in accordance with the cost-allocation study previously provided. Roe moved, Pust seconded, adoption of Resolution No. 10739 entitled, "Resolu- tion of Applicant for the Twin Lakes Project;" authorizing staff to submit a grant application on behalf of the City of Roseville to DEED's Redevelopment Grant Program for the acquisition of right-of--way, construction of a segment of Twin Lakes Parkway, Prior Avenue, and associated pedestrian facilities, lighting and utilities. Roll Call Ayes: Pust; Roe; Ihlan; Johnson; and Klausing. Nays: None. c. Authorize Application to the Department of Energy for a Grant to extend the existing Skating Center Geothermal Energy System Public Works Director Duane Schwartz briefly summarized the written Request for Council Action dated July 27, 2009; seeking authorization for staff to pursue federal stimulus recovery act funds for expanding the City's current geothermal system to the maintenance building and City Hall. Mr. Schwartz referenced pre- vious studies by KFI calculating potential construction costs, as well as a pro- jected energy savings with such an installation.