| | | | | | | |  Shakopee City Council February 7, 2023
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| | | | | | | | | FROM: | Andrea Harrell, Grants/Special Projects Coordinator | | TO: | Mayor and Council Members |
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| | | | | | | | Subject:
Congressionally Directed Spending Award for the Regional Innovation Hub administered by Housing & Urban Development | | |
| | | | | | | | Policy/Action Requested: Adopt Resolution R2023-014, accepting Congressionally Directed Spending Award, administered by Housing & Urban Development (HUD) for the Regional Innovation Hub and authorizing the City Administrator to execute the necessary contracts and agreements applicable to accepting this award. | | |
| | | | | | | | Recommendation:
Adopt Resolution R2023-014. | | |
| | | | | | | | Discussion:
During the April 19, 2022 City Council Meeting, Mayor and Council approved the Resolution R2022-063 allowing the request of 2023 Congressionally Directed Spending funds to build the Regional Innovation Hub. The City of Shakopee has been awarded $1.5 million through Congressionally Directed Spending to partially fund this project. | | |
| | | | | | | | Budget Impact: A 50% match is required, however, can be provided through additional non-federal grant opportunities. | | |
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