DEPARTMENT: Parks
FILE TYPE: Consent Action
TITLE
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Authorization To Execute Real Property Declarations For General Obligation Bond And State of Minnesota General Fund Financed Grant Reimbursement Of Veterans Memorial Greenway Regional Trail, County Project P00147 (1000636)
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RESOLUTION
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WHEREAS, the Veterans Memorial Greenway Project (P00147) will provide a link between Lebanon Hills Regional Park and the Mississippi River in central Dakota County and through the cities of Inver Grove Heights and Eagan; and
WHEREAS, the Veterans Memorial Greenway will include memorials along the trail, giving users the opportunity to learn about the sacrifices veterans have made over the years as they travel the trail; and
WHEREAS, the Dakota County Board of Commissioners adopted the Veterans Memorial Greenway Long-Range Plan by Resolution No. 17-493 (September 26, 2017); and
WHEREAS, by Resolution No. 21-618 (December 14, 2021) and by Resolution No. 23-432 (September 26, 2023), the Dakota County Board of Commissioners accepted State Bond and General Obligation funding for P00147 and amended the Capital Improvement Program budget by $5,000,000 each year for a total of $10,000,000; and
WHEREAS, this grant imposes certain restrictions on the real property improved with grant funds, such that the improved property may not be sold or significantly altered for 37.5 years; and
WHEREAS, Dakota County may agree to these restrictions on real property by executing the General Obligation Bond Financed Declaration; and
WHEREAS, staff recommends the Dakota County Board of Commissioners authorize the Chair of the Dakota County Board of Commissioners to execute the General Obligation Bond Financed and General Fund Financed Declaration to reimburse Dakota County for the Veterans Memorial Greenway projects.
NOW, THEREFORE, BE IT RESOLVED, That the Dakota County Board of Commissioners hereby authorizes the Chair of the Dakota County Board of Commissioners to execute the Gen...
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