BY COUNCILOR STAUBER:
RESOLVED, that the proper city officers are authorized and directed to execute a grant agreement amendment to Contract No. 20025, on file with the city clerk as Public Document No. ________________, between the City and the State of Minnesota Department of Natural Resources for land acquisition of Burlington Northern Railroad Property on Grassy Point extending the grant expiration date from June 6, 2006 to December 30, 2006, and correcting the acquisition acreage from 1.61 acres to 7.38 acres.
STATEMENT OF PURPOSE: The city entered into Agreement No. 20025 via Council Resolution 06-0055 with the State of Minnesota, Department of Natural Resources, Remediation Fund Grant Program. Due to unforeseen delays in completing the land purchase from the Burlington Northern Railroad, Agreement No. 20025 must be amended to extend its expiration date to December 30, 2006. This extension will allow adequate time to complete the land purchase transaction. The acreage shown in the grant agreement document was recalculated and is also amended to reflect a more accurate number.