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90-1191 . ' 'lNy�-�-K-�p�/`-tx�� 0 R I��.1 N A L " ���_��Council File # 0— / , � � � �. % Green Sheet # Q � RESOLUTION CITY OF SAINT AUL, MINNESOTA � , , Presented By Referred To '� Committee: Date �l7��1� 1 A RESOLUTION DIRECTING THE PORT AUTHORTTY . 2 TO REVIEW THE FINANCING OF THE CIVIC CENTER 3 AND DIRECTING CITY STAFF TO WORK WITH THE PORT 4 AUTHORITY IN THE REVIEW 5 6 7 g WHEREAS, in October of 1983 the City of Saint Paul, through the Housing and Redevelopment 9 Authority, sold the Saint Paul Civic Center and the Roy Wilkins Auditorium to a group of private 10 investors for $33,191,000; and 11 12 WHEREAS, the Saint Paul Civic Center Authority, appointed by the Mayor of the City of Saint 13 Paul, currently leases and manages the Civic Center and the Roy Wilkins Auditorium for the 14 purpose of holding public events that enhance the livability of the city and the economic viability of 15 the Civic Center and the downtown business area; and 16 17 WHEREAS, the City of Saint Paul annually provides funding to the Civic Center Authority in the 18 amount of $100,000 in Hotel/Motel Tax proceeds for promotional activities and uses Downtown 19 Tax Increments to help financ� lease payments for the use of the facility; and 20 21 WHEREAS, the Civic Center Authority provides ongoing maintenance through its Enterprise 22 Fund, makes improvements necessary to meet its goals and has requested assistance in making 23 improvements to the Civic Center through the use of some $3 million in Downtown Tax Increment 24 funds; and 25 26 WHEREAS, Housing and Redevelopment Authority has bonded some $23.5 million in T� 27 Increment Bonds for riverfront development and improvements to Shepard Road and a decision 28 regarding co�mitrsents to make payments on these bonds must be made by the end of this year; 29 now, therefore be it 30 31 RESOLVED, that the Council of the City of Saint Paul requests that the Saint Paul Port Authority 32 33 34 1) analyze the Civic Center Sale-Lease Back Financing Plan and the RiverFront 35 Tax Increment Plan to determine restructuring options the city has at the 36 present time; 37 38 2) determine what monies can be made available for priority needs including 39 options for Civic Center improvements, riverfront improvements and neighborhood 40 development should a re�nancing plan be adopted; and 41 42 3) prepare a report and suggested options within 90 days. 43 44 and be it further 45 \ �/ r �_��_ri� �� . � � � , . � � � ��-� � g i 1 RESOL�ED that the Council l:ereby directs city staff to provide information as requested and work 2 with the Port Authority in developing the study and presenting options for further discussion and/or 3 approval by the City Council. � �v��`�� Yeas Navs Absent Requeated by Department of: Dzmon oswz z on Macca ee e man un e i son By� Form Approved by City Attorney Adopted by Council: Date Adoption Certified by Council Secretary BY: By' Approved by Mayor for Submission to Approved by Mayor: Date Council By: By: a . � � • ' ' G� �D-1�91 . . � . . DEPARTMENT/OFFICE/COUNCIL DATE INITIATED N�i _10 9 51 �ity �oun�i� 7_3_gp GREEN SHEET CONTACT PER30N&PHONE INITIAI/DATE INITIAL/DATE �DEPARTMENT DIRECTOH �CITY COUNCIL W11113R1 Wl l SOIl ASSIGN �CITY ATTORNEY �CITY CLERK MUST BE ON COUNCIL ACiENDA BY(DATE) NUMBER FOR �BUDGET DIRECTOR �FIN.&MGT.SERVICES DIR. ROUTING 7-11—9 O ORDER �MAYOR(OR ASSISTANT) � TOTAL#OF SIGNATURE PAGES 2 (CLIP ALL LOCATIONS FOR SIGNATURE) ACTION REQUESTED: Approval of a resolution requesting the Port Authority to review the Civic Center financing plan and the Riverfront Tax Increm�nt. Plan to determine restructuring ontions and funds available for certain cit im rovemei�s. RECOMMENDATIONS:Approve(A)or Reject(R) PERSONAL SERVICE C�IdTRACTS MUST ANSWER THE FOLLOWING QUESTIONB: _ PLANNINO COMMISSION _ CIVIL SERVICE COMMI3310N �• Hes thi3 perSOMirtn ever worked under a contract fOr this department? _CIB COMMITTEE _ YES NO 2. Has this person/flrm ever been a city employee? _STAFF — YES NO _DIS7RICT COURT — 3. Does thia person/firm possess a skill not normally possessed by any current city employee? 3UPPORTS WHICH COUNCIL OBJECTIVEI YES NO Explaln ail yes answers on separote ahest and attach to gresn she�t INITIATINO PROBLEM,ISSUE,OPPORTUNITY(Who,What,When,Where,Why): The Saint Paul Civic Center has been sold to and leased back from a group of private investors. The city continues to provide funding for lease payments and promotional : . activities. The requests for powntown TIF funds indicates a need for additional funds and this review should assist in determining whether or not funds could be made available by restructuring the Civic Center financing plan. ADVANTAOES IF APPROVED: The City Council will have information necessary to determine whether or not funds for future development could be made available by restructuring the Civic Center financing plan. DISADVANTAOES IF APPROVED: None. DISADVANTAGES IF NOT APPROVED: R�c�v�o Cou��►r Res����► ���,t�� J�1��� .1U� ��lyyU CITY CE.�RK TOTAL AMOUNT OF TRANSACTION S COST/REVENUE BUDGETED(CIRCLE ONE) YES NO FUNDING SOURCE ACTIVITY NUMBER FINANCIAL INFORMATION:(EXPLAIN) d 'w i a � ~ � � � , , � c ' 4 � NOTE: COMPLETE DIRECTIONS ARE INCLUDED IN THE GREEN SHEET INSTRUCTIONAL MANUAL AVAILABLE IN THE PURCHASING OFFICE(PHONE NO. 298-4225). ROUTING ORDER: Below are correct routings for the five most frequent rypes of documents: CONTRACTS(assumes authorized budget exists) COUNCIL RESOLUTION(Amend Budgets/Accept.Grants) 1. Outside Agency 1. Department Director 2. Department Director 2. City Attorney 3. City Attorney 3. Budget Director 4. Mayor(for contracts over$15,000) 4. Mayor/Assistant 5. Human Rights(for contracts over$50,000) 5. City Council 6. Finance and Management Services Director 6. Chief Accountant, Finance and Management Services 7. Finance Accounting ADMINISTRATIVE ORDERS(Budget Revision) COUNCIL RESOLUTION (all others,and Ordinances) 1. Activiry Manager 1. Department Director 2. Department Accountant 2. Ciry Attorney 3. Department Director 3. Mayor Assistant 4. Budget Director 4. Ciry Council 5. City Clerk 6. Chief Accountant, Finance and Management Services ADMINISTRATIVE ORDERS(all others) 1. Qepartment Director 2. City Attorney 3. Financs and Management Services Director 4. Ciry Clerk TOTAL NUMBER OF SIGNATURE PAGES Indicate the#of pages on which signatures are required and paperclip or flag each of these pages. ACTION REQUESTED Describe what the project/request seeks to accomplish in either chronologi- cel order or order of importance,whichever is most appropriate for the issue. Do not write complete sentences.Begin each item in your list with a verb. RECOMMENDATIONS Complete if the issue in question has been presented before any body,public or private. SUPPORTS WHICH COUNCIL OBJECTIVE? Indicate which Council objective(s)your projecUrequest supports by listing the key word(s)(HOUSING, RECREATION, NEIGHBORHOODS, ECONOMIC DEVELOPMENT, BUDGET, SEWER SEPARATION). (SEE COMPLETE LIST IN INSTRUCTIONAL MANUAL.) PERSONAL SERVICE CONTRACTS: This information will be used to determine the city's liability for workers compensation claims,taxes and proper civil service hiring rules. INITIATING PROBLEM, ISSUE, OPPORTUNITY Explain the situation or conditions that created a need for your project or request. ADVANTAGES IF APPROVED Indicate whether this is simply an annual budget procedure required by law/ charter or whether there are specific ways in which the City of Saint Paul and its citizens will benefit from this project/action. DISADVANTAGES IF APPROVED ' What negative effects or major changes to existing or past processes might this projecUrequest produce if it is passed (e.g.,traffic delays, noise, tax increases or assessments)?To Whom?When? For how long? DISADVANTAGES IF NOT APPROVED What will be the negative consequences if the promised action is not approved?Inability to deliver service?Continued high traffic, noise, accident rate?Loss of revenue7 FINANCIAL IMPACT Although you must tailor the information you provide here to the issue you are addressing, in general you must answer two questions: How much is it going to cost?Who is going to pay? . G;�yi�ir�'r C1TY QF F�$ 7 ° - � CITY OF SAINT PAUL � iiii�i ii°i > mm �" OFFICE OF THE CITY COUNCIL �e6+ CITY HALL-7th FLOOR- SAINT PAUL, MINNESOTA 55102 612-298-5506 TOM DIMOND COUNCILMEMBER Members: Tan Dimond, Chair ' Paula Maccabee Dave Thune Date: January 9, 1990 COMMITTEE REPORT HOUSING AND ECONOMIC DEVELOPMENT COMMITTEE 1. Approval of the Minutes of the Housing and Economic Development Committee for December 12, 1990. COMMITTEE APPROVED, 3-0 2. Resolution 90-1003 - Approving classification of certain tax forfeited land as listed and requesting Ramsey County to withhold certain tax forfeited properties as listed from public sale (Referred from Council 6-14-90) . COMMITTEE RECOMMENDED WITHDRAWAL, 3-0 3. Resolution 90-1191 - a resolution directing the Port Authority to review the � financing of the Civic Center and directing City staff to work with the Port Authority in the review (Referred from Council 7-17-90) . COMMITTEE RECOMMENDED WITHDRAWAL, 3-0 4 . Resolution authorizing a public hearing for January 22, 1991, on the preliminary approval for the issuance of $6,000,000 in revenue bonds for the District Cooling Project; and, a resolution giving preliminary approval to the issuance of $6,000,000 in revenue bonds on behalf of District Energy Services, Inc. , for the District Cooling Project (District 17) . COMMITTEE RECOMMENDED APPROVAL, 5-0 5. . Implementation discussion of the Housing Plan for the 90s - New Housing Subsidies. COMMITTEE RECOMMENDED APPROVAL AS AMENDED, 3-0 CHAIR: Housing and Redevelopment Authority & Housing and Economic Development Committee COMMITTEES: Public Works & Intergovernmental Relations Printed on Recycled Paper d6�.,�. r_�- ,s HOUSING AND ECONOMIC DEVELOPMENT COMMITTEE COMMITTEE REPORT - JANUARY 10, 1991 PAGE TWO 6. Resolution 90-2046 - a Resolution concerning Tax Deferment for Rehabilitation (Referred from Council 12-11-90. COMMITTEE RECOMMENDED THAT DISCUSSION ON THIS ITEM BE REFERRED TO THE JANUARY 11, 1991, INTERGOVERNMENTAL RELATIONS COMMITTEE MEETING 7. Approval of guidelines for the Citywide Economic Development Fund (Referred from HRA 11-27-90; Laid Over in Committee 12-12-90) . COMMITTEE RECOMMENDED APPROVAL AS AMENDED, 3-0 8. Resolution authorizing execution of a funding and participation agreement with the Science Museum of Minnesota for the TIF - Cultural Facilities Fund Project, District 17 (Referred from HRA 12-11-90) . COMMITTEE RECOMMENDED APPROVAL, 3-0 9. Resolution authorizing execution of a funding and participation agreement with the World Theatre/MPR for the TIF - Cultural Facilities Fund Project, District 17 (Referred from HRA 12-11-90) . THIS ITEM WAS LAID OVER TO THE JANUARY 23, 1991, HOUSING AND ECONOMIC DEVELOPMENT COMMITTEE MEETING 10. Authorization to designate Model Cities Health Center, Inc. , tentative of the HRA parcel located to the east of 451 West Central , and provide preliminary approval of a loan from the Neighborhood Commercial Real Estate Development Program, Summit-University Planning Council , District 8 (Referred from HRA ` 12-11-90) . COMMITTEE RECOMMENDED APPROVAL, 3-0 11. Authorization to designate tentative developer for the old Gillette Hospital site West Wing, District 5 (Referred from HRA 12-11-90) . COMMITTEE RECOMMENDED APPROVAL, 3-1 AND 1 ABSTENTION 12. Chestnut/West Seventh Small Area Plan. A. Resolution 91-13 - adopting the West 7th/Chestnut Small Area Plan/40 Acre Study as part of the Saint Paul Comprehensive Plan. COMMITTEE RECOMMENDED APPROVAL, 2-0 B. Ordinance 91-15 - an Ordinance amending Chapter 60 of the Legislative Code pertaining to zoning of the West 7th/Chestnut Area. COMMITTEE RECOMMENDED APPROVAL, 2-0