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HomeMy WebLinkAbout2023-118 CCRMember Butler introduced the following resolution and moved its adoption: RESOLUTION NO.2023-118 RESOLUTION ACKNOWLEDGING AWARDED FUNDS FOR THE TRANSPORTATION ECONOMIC DEVELOPMENT INFRASTRUCTURE (TEDI) PROGRAM AND AUTHORIZING ACCEPTANCE OF GRANT FUNDS WHEREAS, the Transportation Economic Development Infrastructure (TEDI) program was created to finance infrastructure to enhance economic development opportunities, create jobs, and improve all types of transportation systems statewide; and WHEREAS, the City of Brooklyn Center submitted an application on September 22, 2023 to the TEDI program to fund infrastructure improvements to Phase 1 of the 80 Opportunity Site, which is the most significant development opportunity within the City of Brooklyn Center; and WHEREAS, Phase 1 will establish the preliminary, foundational transportation and stormwater infrastructure, and include an approximately 1800ft new multimodal roadway, referred to as the "Parkway", which includes sidewalks, shared use trail, and boulevard; and WHEREAS, Phase 1 public infrastructure is critical to anchor and support both immediate and future development. Due to a lack of and/or insufficient existing infrastructure, without Phase 1 infrastructure elements, the community -driven vision for the Opportunity Site because effectively infeasible. WHEREAS, that, the City of Brooklyn Center, has established a TIF district to support Phase 1 redevelopment, and that the City has committed to being a fiscal partner and supporter of the Phase 1 redevelopment project. WHEREAS, that the City of Brooklyn Center City Council approved a resolution on July 24, 2024 supporting an application for the TEDI grant. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Brooklyn Center, Minnesota, that: 1. Authorizes its City Manager to accept awarded funds on behalf of the City for the Transportation Economic Development Infrastructure (TEDI) program and to execute such agreements as may be necessary to implement the project on behalf of the City. December 11 2023 Date ATTEST: kua"�A City Cleric Mayor RESOLUTION NO.2023-118 The motion for the adoption of the foregoing resolution was duly seconded by member Jerzak and upon vote being taken thereon, the following voted in favor thereof: Butler, Graves, Jerzak, Kragness, Lawrence -Anderson and the following voted against the same: none. whereupon said resolution was declared duly passed and adopted.