Item Description:
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Renewal of lease and use agreement for St. David's Nicollet Center
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Resolution:
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BE IT RESOLVED, that the County Administrator be authorized to negotiate and finalize documents necessary to amend and assign Lease/Use Agreement A140981 in order to extend the term through December 1, 2039 and permit St. David's Holding Foundation to assume the Agreement from St. David's Center Minneapolis, and that following review and approval by the County Attorney's Office, the Chair be authorized to sign the documents on behalf of the County...end
Background:
In 2014, the State Legislature appropriated $3 million to the County for the predesign, design, renovation, furnishing and equipping of an early childhood center at the YWCA of Minneapolis building located at 1130 Nicollet Mall. The State then provided these funds to the County through Grant Agreement A140979 between the County and the Minnesota Department of Human Services, the grantor. The original bonding appropriation and, subsequently the grant agreement, was amended in 2015 to expand the eligible uses of the funds to include other building improvements. The YWCA provided $3 million of matching funds toward the project.
State law required that the County, as grantee, have an ownership interest in the property to be improved, which would house the governmental program in question - the early childhood center. In order to fulfill this requirement and to accomplish the goals of the appropriation, the County entered into Ground Lease A140980 over the entirety of the property at 1130 Nicollet Mall owned by the YWCA. The County then leased the building back to the YWCA through Lease/Use Agreement A140981. The County Board authorized Agreements A140979, A140980, and A140981, through Resolution 14-0258, adopted July 17, 2014.
In 2023, the YWCA determined that it would close its fitness center in the Nicollet Mall building and put the property up for sale. Under state law, capital projects...
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