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4.3. SR 02-18-2020
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4.3. SR 02-18-2020
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<br /> <br />Request for Action <br /> <br /> <br /> <br /> <br /> <br />To Item Number <br />Mayor and City Council 4.3 <br />Agenda Section Meeting Date Prepared by <br />Consent February 18, 2020 Brandon Wisner, Stormwater Coordinator <br />Item Description Reviewed by <br />Certification – Minnesota Department of Natural Peter Beck, City Attorney <br />Resources General Obligation Bond Financed <br />Reviewed by <br />Property for the Lake Orono Restoration and <br />Cal Portner, City Administrator <br />Enhancement Project <br /> <br />Action Requested <br />Approve, by motion, the Certification between the Minnesota Department of Natural Resources and the City <br />of Elk River for General Obligation Bond Financed Property for the Lake Orono Restoration and <br />Enhancement Project <br /> <br />Background/Discussion <br />The grant between the Minnesota Department of Natural Resources, Minnesota Management and Budget <br />(MMB) and the City of Elk River was executed on August 23, 2019. The office of MMB requires the attached <br />certification. This is the final procedural step for the $1.5 million dollar grant that was approved by the state <br />legislature in bill HF 80. <br /> <br />Financial Impact <br />N/A <br /> <br />Attachments <br /> Certification – General Obligation Bond Financed Property <br /> State of Minnesota General Obligation Bond Grant Contract with the City of Elk River for <br />Reclamation and Enhancement of Lake Orono 9/23/2019 <br /> <br /> <br />The Elk River Vision <br />A welcoming community with revolutionary and spirited resourcefulness, exceptional <br />service, and community engagement that encourages and inspires prosperity <br />
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