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HomeMy WebLinkAbout7.a. Participation in the Purchase of Conservation Easement - Wiklund PropertyAGENDA ITEM: Participation in the Purchase of Conservation Easement Wiklund Property AGENDA SECTION: Old Business Add-On PREPARED BY: Dan Schultz, Parks and Recreation Director AGENDA NO. ATTACHMENTS: None APPROVED BY: RECOMMENDED ACTION: Motion to approve spending an additional $50,000 00 from the park improvement fund to participate in the purchase of a Conservation Easement on the 25.15 acres owned by Aina Wiklund at 12110 Bacardi Avenue. ACTION: City Council Meeting Date: CITY OF ROSEMOUNT EXECUTIVE SUMMARY FOR ACTION March 1, 2005 ISSUE The City Council recently approved spending $100,000.00 to participate in the purchase of a 25.15 acre conservation easement from Aina Wiklund The funds were to be split between the City's Park Improvement Fund ($50,000) and a DNR Remediation Grant ($50,000). On Friday, February 18, 2005, staff from the DNR contacted City staff to indicate that during the final grant review questions were raised regarding the purchase of the conservation easement that the grant needed to be resubmitted to more closely fit the grant profile. SUMMARY Staff has resubmitted the grant and are waiting to hear back from DNR staff as to the status of the funding. Staff feels that the grant meets the set profile and should be approved for the $50,000 Remediation Grant. If the DNR Remediation Grant is not approved and the City does not receive the $50,000 Remediation Grant, staff would like Council direction on how to proceed. The City could either spend an additional $50,000 from the Park Improvement Fund or pull out of the project altogether. The Parks and Recreation Commission discussed the item at their meeting on Monday February 28, 2005, and did not make a recommendation. Staff is recommending that if the City does not receive the $50,000 Remediation Grant, that an additional $50,000 be spent from the Park Improvement Fund to fulfill the funding needed to complete the project.