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REQUEST FOR COUNCIL CONSIDERATION <br />ITEM DESCRIPTION: Consider Approval of a Resolution seeking funding for redevelopment of the <br />former Micom site at 475/487 Old Highway 8 <br />DEPARTMENT HEAD’S APPROVAL: Craig Schlichting, Director Community Assets & Development <br />CITY MANAGER’S APPROVAL: <br />No comments to supplement this report ___ Comments attached ___ <br />15.99 Deadline: none <br />Recommendations: Approval of three resolutions authorizing staff and TGLCD, LLC; to pursue <br />grant dollars for the clean up and redevelopment of the former Micom site <br />along Old Highway 8. <br />Legislative History: None <br />Financial Impact: None. Any local match dollars not obtained in this funding effort will be <br />paid by the developer. <br />Summary: TGLDC, LLC (an entity of Hillcrest Development, LLLP) has purchased the <br />former Micom site and hopes to secure grant funding to assist with <br />environmental clean-up challenges. TGLDC is requesting to once again <br />partner with the City of New Brighton to seek environmental assistance <br />grants from the Metropolitan Council Tax Base Revitalization Account, and <br />the Ramsey County Environmental Response Fund. A joint application <br />seeking funding from these sources was previously submitted in late 2019, <br />but the project was not selected for funding. Given that outcome, we have <br />completed further work on the application in the hopes that it will fair better <br />in the competitive selection process. We believe these updates make it a <br />strong candidate for funding in the upcoming cycle. Grant applications are <br />due May 1, 2020. Any funding received through this process will be added to <br />the grant funding we did successfully win last year through both DEED and <br />Ramsey County. <br />Agenda Section: VII <br />Item: 5 <br />Report Date: 4/8/20 <br /> Council Meeting Date: 4/14/20