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98-772� � ` q. � f � Council File # ��_��� ��.e.`i� 'e � V � � � � � � � � Green Sheet # G t 4 31 RESOLUTION CITY OF SAINT PAUL, MINNESOTA r� u , 3 a 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 Presented By Referred To Committee: Date RESOLUTION APPROVING AND AUTHORIZING ISSUANCE OF A NEIGHBORHOOD STAR LOAN TO HOME ESSENCE, INC WHEREAS, Home Essence, Inc., a Minnesota Corporation, has requested a$50,000 loan through the Neighborhood STAFt Program for building improvements and renovation; and WHEREAS, the financing will be used to upgrade the sprinkler system in their existing warehouse, located at 834 Arcade Street, thereby enabling the company to both maximize its storage capacity and remain in compliance with Saint Paul fire codes; and WHEREAS, the project has been reviewed by the Neighborhood STAR Board for consistency with the program guidelines, and by staff of the Department of Planning and Economic Development for consistency with applicable lending criteria; and WHEREAS, the Neighborhood STAR Board has recommended this projeet to the Mayor and City Councif for financing through the STAR program; now, therefore be it RESOLVED, that upon the recommendation of the Mayor, and with the advice of the Neighborhood STAR Board, the Council of the City of Saint Paul does hereby approve a Neighborhood STAR Loan for Home Essence, Inc., in the amount of $50,000 for building improvements to its warehouse facility focated at 834 Arcade Street; a�-be-i�- FURTHER RESOLVED, that the Director of Planning and E onomic Development is hereby authorized to execute the necessary documents in connection h the loan, and in such form as acceptable to the City Attomey; and be it ed on the addition new emvlovees in t t which 43 FINALLY RESOLVED, that the 1998 STAR budget be amended as follows: 44 45 Current 46 Budget 4'7 Spending Plan: 48 49 Sales Tax Capital Projects 50 P7-930-90398-0547-77999 $5,434,000 51 52 53 Home Essence, Inc. Project 54 P7-930-90305-0547-77185 -0- 55 56 57 58 54 60 61 62 63 b4 65 66 67 68 69 70 71 72 pRIGINAL 73 74 75 76 77 78 79 80 81 82 83 84 85 Adopted by Council: Date �} ����$� 86 Adoption Certified by Council Secretary 88 BY� � ' 89 Approved by yor: ate `� C 9� 91 BY ' 92 Change (50,000) $50,000 Revised Budget $5,3&4,060 $50,000 ��•���- ncil • �� � TOTAL # OF SIGNATURE PAGES DATE INITIATED 8-5-98 9�'-�� a- No 61431 � o¢.w�mm� owmoa � � qn �aara _ p �..n�. � a� ❑ n,.� ❑ AYNC4LSE0.NCFi0R ❑ RWICJLLiOtYi/GCt6 � YYORIaM1�liANn ❑ (CIIP ALl LOCATIONS FORSIGNATURE) � NUMBERFOR ROUTING ORUER Approval of resolution authorizing issuance of a Neighborhood STA$ Loan to Home Essence, Inc., $eco�ended by the Aeighborhood STAR Board. PL4NNING COMMISSION CIB COMMITTEE CIVIL SERVECE COMMISSION I�_� �:U�a�` {i1�i#'S:3 Has fhis Pe�Nfi�m evet xro�lced under a confract tw fhis departmeMT � YES NO Has this persoNfirm eHer been a city empWyee? YES NO Dces this P��rtn poss�s a slull nU nwmallYP� bY anY cuaeM citY emPaYee't YES NO Is this pnsorvTim� a targeted vendaYt VES NO AUG 10 jggg �. .5. <�_;: _ `�. �v�� OF TRANSI�CTION S ��J �QQ(� SOURCE RTAR INFOREIATION (IXPWNJ ACTIVITYNUMBER Cou�i Research Cen#er AUG 13 1998 COST/REVQIUEBUDQEfED(CIRCLEQNE) YES NO � � ` q. � f � Council File # ��_��� ��.e.`i� 'e � V � � � � � � � � Green Sheet # G t 4 31 RESOLUTION CITY OF SAINT PAUL, MINNESOTA r� u , 3 a 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 Presented By Referred To Committee: Date RESOLUTION APPROVING AND AUTHORIZING ISSUANCE OF A NEIGHBORHOOD STAR LOAN TO HOME ESSENCE, INC WHEREAS, Home Essence, Inc., a Minnesota Corporation, has requested a$50,000 loan through the Neighborhood STAFt Program for building improvements and renovation; and WHEREAS, the financing will be used to upgrade the sprinkler system in their existing warehouse, located at 834 Arcade Street, thereby enabling the company to both maximize its storage capacity and remain in compliance with Saint Paul fire codes; and WHEREAS, the project has been reviewed by the Neighborhood STAR Board for consistency with the program guidelines, and by staff of the Department of Planning and Economic Development for consistency with applicable lending criteria; and WHEREAS, the Neighborhood STAR Board has recommended this projeet to the Mayor and City Councif for financing through the STAR program; now, therefore be it RESOLVED, that upon the recommendation of the Mayor, and with the advice of the Neighborhood STAR Board, the Council of the City of Saint Paul does hereby approve a Neighborhood STAR Loan for Home Essence, Inc., in the amount of $50,000 for building improvements to its warehouse facility focated at 834 Arcade Street; a�-be-i�- FURTHER RESOLVED, that the Director of Planning and E onomic Development is hereby authorized to execute the necessary documents in connection h the loan, and in such form as acceptable to the City Attomey; and be it ed on the addition new emvlovees in t t which 43 FINALLY RESOLVED, that the 1998 STAR budget be amended as follows: 44 45 Current 46 Budget 4'7 Spending Plan: 48 49 Sales Tax Capital Projects 50 P7-930-90398-0547-77999 $5,434,000 51 52 53 Home Essence, Inc. Project 54 P7-930-90305-0547-77185 -0- 55 56 57 58 54 60 61 62 63 b4 65 66 67 68 69 70 71 72 pRIGINAL 73 74 75 76 77 78 79 80 81 82 83 84 85 Adopted by Council: Date �} ����$� 86 Adoption Certified by Council Secretary 88 BY� � ' 89 Approved by yor: ate `� C 9� 91 BY ' 92 Change (50,000) $50,000 Revised Budget $5,3&4,060 $50,000 ��•���- ncil • �� � TOTAL # OF SIGNATURE PAGES DATE INITIATED 8-5-98 9�'-�� a- No 61431 � o¢.w�mm� owmoa � � qn �aara _ p �..n�. � a� ❑ n,.� ❑ AYNC4LSE0.NCFi0R ❑ RWICJLLiOtYi/GCt6 � YYORIaM1�liANn ❑ (CIIP ALl LOCATIONS FORSIGNATURE) � NUMBERFOR ROUTING ORUER Approval of resolution authorizing issuance of a Neighborhood STA$ Loan to Home Essence, Inc., $eco�ended by the Aeighborhood STAR Board. PL4NNING COMMISSION CIB COMMITTEE CIVIL SERVECE COMMISSION I�_� �:U�a�` {i1�i#'S:3 Has fhis Pe�Nfi�m evet xro�lced under a confract tw fhis departmeMT � YES NO Has this persoNfirm eHer been a city empWyee? YES NO Dces this P��rtn poss�s a slull nU nwmallYP� bY anY cuaeM citY emPaYee't YES NO Is this pnsorvTim� a targeted vendaYt VES NO AUG 10 jggg �. .5. <�_;: _ `�. �v�� OF TRANSI�CTION S ��J �QQ(� SOURCE RTAR INFOREIATION (IXPWNJ ACTIVITYNUMBER Cou�i Research Cen#er AUG 13 1998 COST/REVQIUEBUDQEfED(CIRCLEQNE) YES NO � � ` q. � f � Council File # ��_��� ��.e.`i� 'e � V � � � � � � � � Green Sheet # G t 4 31 RESOLUTION CITY OF SAINT PAUL, MINNESOTA r� u , 3 a 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 Presented By Referred To Committee: Date RESOLUTION APPROVING AND AUTHORIZING ISSUANCE OF A NEIGHBORHOOD STAR LOAN TO HOME ESSENCE, INC WHEREAS, Home Essence, Inc., a Minnesota Corporation, has requested a$50,000 loan through the Neighborhood STAFt Program for building improvements and renovation; and WHEREAS, the financing will be used to upgrade the sprinkler system in their existing warehouse, located at 834 Arcade Street, thereby enabling the company to both maximize its storage capacity and remain in compliance with Saint Paul fire codes; and WHEREAS, the project has been reviewed by the Neighborhood STAR Board for consistency with the program guidelines, and by staff of the Department of Planning and Economic Development for consistency with applicable lending criteria; and WHEREAS, the Neighborhood STAR Board has recommended this projeet to the Mayor and City Councif for financing through the STAR program; now, therefore be it RESOLVED, that upon the recommendation of the Mayor, and with the advice of the Neighborhood STAR Board, the Council of the City of Saint Paul does hereby approve a Neighborhood STAR Loan for Home Essence, Inc., in the amount of $50,000 for building improvements to its warehouse facility focated at 834 Arcade Street; a�-be-i�- FURTHER RESOLVED, that the Director of Planning and E onomic Development is hereby authorized to execute the necessary documents in connection h the loan, and in such form as acceptable to the City Attomey; and be it ed on the addition new emvlovees in t t which 43 FINALLY RESOLVED, that the 1998 STAR budget be amended as follows: 44 45 Current 46 Budget 4'7 Spending Plan: 48 49 Sales Tax Capital Projects 50 P7-930-90398-0547-77999 $5,434,000 51 52 53 Home Essence, Inc. Project 54 P7-930-90305-0547-77185 -0- 55 56 57 58 54 60 61 62 63 b4 65 66 67 68 69 70 71 72 pRIGINAL 73 74 75 76 77 78 79 80 81 82 83 84 85 Adopted by Council: Date �} ����$� 86 Adoption Certified by Council Secretary 88 BY� � ' 89 Approved by yor: ate `� C 9� 91 BY ' 92 Change (50,000) $50,000 Revised Budget $5,3&4,060 $50,000 ��•���- ncil • �� � TOTAL # OF SIGNATURE PAGES DATE INITIATED 8-5-98 9�'-�� a- No 61431 � o¢.w�mm� owmoa � � qn �aara _ p �..n�. � a� ❑ n,.� ❑ AYNC4LSE0.NCFi0R ❑ RWICJLLiOtYi/GCt6 � YYORIaM1�liANn ❑ (CIIP ALl LOCATIONS FORSIGNATURE) � NUMBERFOR ROUTING ORUER Approval of resolution authorizing issuance of a Neighborhood STA$ Loan to Home Essence, Inc., $eco�ended by the Aeighborhood STAR Board. PL4NNING COMMISSION CIB COMMITTEE CIVIL SERVECE COMMISSION I�_� �:U�a�` {i1�i#'S:3 Has fhis Pe�Nfi�m evet xro�lced under a confract tw fhis departmeMT � YES NO Has this persoNfirm eHer been a city empWyee? YES NO Dces this P��rtn poss�s a slull nU nwmallYP� bY anY cuaeM citY emPaYee't YES NO Is this pnsorvTim� a targeted vendaYt VES NO AUG 10 jggg �. .5. <�_;: _ `�. �v�� OF TRANSI�CTION S ��J �QQ(� SOURCE RTAR INFOREIATION (IXPWNJ ACTIVITYNUMBER Cou�i Research Cen#er AUG 13 1998 COST/REVQIUEBUDQEfED(CIRCLEQNE) YES NO