Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
City to front costs with interfund loan for $125,000 DASNY parks grant; reimbursement expected in summer 2025
Summary
Staff asked council to approve an interfund loan so the city can front construction costs at Hennepin Park under a $125,000 DASNY grant; staff said reimbursement is expected around August 2025 and the interfund holding account has roughly $1.7 million available.
City staff asked council members to approve an interfund loan to allow the city to pay upfront for infrastructure improvements at Hennepin Park that are covered by a Dormitory Authority of the State of New York (DASNY) grant.
A staff member said the city was awarded a DASNY grant for about $125,000 to pay for park infrastructure work at Hennepin and that, under the grant terms, the city will incur costs up front and then…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
