22-078 (0-9-20) Authorize Funding Disbursement United Properties LLC for Funding Disbursement TBRA Cleanup GrantRESOLUTION NO. 22-078
RESOLUTION AUTHORIZING FUNDING DISBURSEMENT AGREEMENT BETWEEN
GOLDEN VALLEY AND UNITED PROPERTIES LLC FOR METROPOLITAN COUNCIL
TBRA CLEANUP GRANT
WHEREAS, the City of Golden Valley and United Properties LLC have partnered on
an application for grant funding from the Metropolitan Council and such funding has been
awarded to the City in the amount of $464,400, and,
WHEREAS, the grant is to allow for financial assistance associated with site cleanup
activities at 6300 Olson Memorial Highway as part of the Optum Health Building
Redevelopment Project being conducted by United Properties LLC, and,
WHEREAS, the Funding Disbursement Agreement is for the purpose of managing a
pass-through grant from the Metropolitan Council TBRA Program and maintaining proper
recordkeeping of requests for grant dollars by United Properties LLC, and,
WHEREAS, the Funding Disbursement Agreement clarifies roles and responsibilities
for the participating parties, including annual work plans, financial reporting, and any
potential changes in participation.
NOW, THEREFORE, BE IT RESOLVED, by the City Council for the City of Golden
Valley, to authorize the Funding Disbursement Agreement between Golden Valley and
United Properties LLC for Metropolitan Council TBRA Cleanup Grant.
Adopted by the City Council of Golden Valley, Minnesota this 20th day of September 2022.
_____________________________
Shepard M. Harris, Mayor
ATTEST:
_____________________________
Theresa Schyma, City Clerk
DocuSign Envelope ID: 65F2659A-2D3D-4617-82BD-3C2DD15F953E