Title
Resolution to Approve a Grant Application to the Michigan Department of Natural Resources Grants Management for the Acquisition of Land and Site Improvements Along the Huron River at 841 Broadway Street for Up to 5 Million Dollars
Memorandum
Attached for your review and action is a resolution approving the submission of a grant application to the Michigan Department of Natural Resources Grants Management (MDNRGM) for acquiring roughly 2.3 acres of riverfront and site improvements along the Huron River for up to 5 million dollars. A prior resolution was acted on at the July 6, 2021 Council meeting. The MDNRGM has reviewed the application and requires the Council resolution to include language about matching funds. The resolution has been updated to include that information, and to amend the total grant application to be for up to $5 million instead of $7 million in order to meet local match requirements. The local match will be covered by The Roxbury Group, developer of the site, who have requested $2 million from the DTE Foundation, which Roxbury has pledged to make good if the DTE Foundation does not contribute. Additionally, Roxbury has pledged to donate land to the project worth approximately $594,500.
Budget/Fiscal Impact:
MDNR Grant funds $5,000,000.00
Roxbury Group/ DTE Foundation Funds $2,000,000.00
Roxbury Group/ DTE Land Donation Value $ 594,500.00
Project Estimate $7,594,500.00
Should the City be awarded the grant, staff will return to City Council with the required budget amendments.
Staff
Prepared by: Adam Fercho, Parks Planner
Reviewed by: Derek Delacourt, Community Services Area Administrator
Approved by: John Fournier, Assistant City Administrator
Body
Whereas, The City park system values riverfront property and access to the B2B trail and other river amenities;
Whereas, The Park and Recreation Open Space Plan identifies riverfront property as a desired acquisition criterion;
Whereas, Site Improvements and their ongoi...
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