Agenda Date: 07/05/2016
Subject:
Title
A resolution approving an intergovernmental agreement regarding a 2016 grant of Arapahoe County Open Space Program Funds for Phase 1 River Integration at Hudson Gardens
Body
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Presented By: |
Mike Braaten, Deputy City Manager |
POLICY QUESTION:
Does city council support adoption of an Intergovernmental Agreement (IGA) with Arapahoe County to receive grant funds to implement the first phase of Hudson Garden’s River Integration Project?
BACKGROUND:
City council approved the submission of a grant application, at the request of Hudson Gardens, to fund the first phase of the River Integration Project. Staff was notified on May 24, 2016 that the project was awarded $400,000 in funding from Arapahoe County Open Space.
STAFF ANALYSIS:
This is the standard IGA required by the county to accept grant funds from the Open Space Program.
FISCAL IMPACTS:
In the 2015 budget, the city council approved $400,000 in open space matching funds for the project. The city staff will act as the administrative agent for the grant.
STAFF RECOMMENDATION:
Staff recommends approval of the resolution.
PROPOSED MOTION:
Proposed Motion
I move to approve the resolution adopting an IGA with Arapahoe County to receive grant funds to implement Phase 1 of the Hudson Gardens River Integration Project.