Item Description:
title
Amd 2 to Agmt PR00002937 with the City of Minneapolis, ext term to 07/19/25 (no change to NTE)
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Resolution:
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BE IT RESOLVED, that Amendment 2 to Agreement PR00002937 with the City of Minneapolis on behalf of Lupe Development Partners extending the termination date to July 19, 2025 to allow for the completion of contaminated soil cleanup and associated analytical testing, with no change to the amount, be approved; that following the review and approval of the County Attorney’s Office, the County Administrator be authorized to sign the amendment of behalf of Hennepin County; and that the Controller be authorized to disburse funds as directed.
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Background:
The City of Minneapolis, on behalf of Lupe Development Partners, was awarded Environmental Response Fund (ERF) grant funding in fall of 2020 for cleanup costs associated with the construction of a proposed 72-unit affordable apartment building at 550 West Lake Street in Minneapolis (Resolution 21-0023).
Preparing the site for the proposed apartment building will require managing contaminated soil and associated analytical testing to confirm removal of contaminated soil. Due to unforeseen delays, the project start date has been postponed until summer 2024, which will result in project activities extending beyond the period of Agreement PR00002937, as amended once to July 19, 2024. Therefore, a second amendment to the agreement is requested to extend the termination date to July 19, 2025. No ERF eligible costs have been spent to date leaving the full balance of $85,706.
Current Request:
This request is for approval of Amendment 2 extending the termination date of Agreement PR00002937 with Minneapolis on behalf of Lupe Development Partners by one year to provide additional time for contaminated soil cleanup. There is no change to the not-to-exceed amount of the agreement.
Impact:
The authorization of the extended contract period will support the project in mitigating exposure to contamination for future residents and support the construction of affordable housing.
recommendation
Recommendation from County Administrator: Recommend Approval