BY COUNCILOR STOVER:
RESOLVED, that the city of Duluth has applied to the department of natural resources for a grant from the regional trails program for the construction of the Lakewalk East Trail Extension Phase I, from the end of the existing trail to approximately 36th Avenue East, SP 118-090-11, City Project No. 0480TR.
The grant has been approved and the amount of the grant has been determined to be $175,000. The DNR requires the city of Duluth to provide matching funds equal to the grant amount.
The city of Duluth does hereby accept said grant and agrees to maintain the facilities, trail and equipment for no less than 20 years.
FURTHER RESOLVED, that Wayne Parsons, city auditor, having an address of 411 West First Street, Room 107 City Hall, Duluth, Minnesota 55802, is hereby designated as fiscal agent to receive said grant and grant monies received hereunder shall be deposited into the Capital Improvement Fund 0450, Agency 030, Object 5530, City Project No. 0480TR (Capital Project No. C0502).
STATEMENT OF PURPOSE: This resolution accepts a grant from the Minnesota department of natural resources regional trails program in the amount of $175,000 for the construction of the Lakewalk East Trail Extension Phase I, from the end of the existing trail to approximately 36th Avenue East. This grant requires that the city provide local matching funds equal to the grant. The trail, facilities and equipment will be maintained by the city for no less than 20 years. The city will complete the project and fully pay for it, produce documentation to the department of natural resources showing actual expenditures, and will then receive half of what was actually spent up to $175,000. The fiscal agent for this grant is Genie Stark, City of Duluth Finance Director, 411 West First Street, Duluth, MN 55802.