89-837 WHITE - CITV CIERK ��_ ���
PINM ..- FINANCE COUIICIl
CANARV - OLPARTMENT GITY O SAINT PALTL
BLUE - MAVOR File NO.
City Attny/JTH C�u C •l Resolution
Presented By
`/=�
Referred To Committee: Date
Out of Committee By Date
,
RESOLU 0 AUTHORIZING EXECUTION
OF GRA GREEMENT
;i
WHEREAS , By Laws of i nesota 1988 , Chapter 686 , Article 1 ,
Section 14, subd. (1) th M nnesota Legislature:
a. Appropriated th s m of $800, 000 for the year ending
June 30, 1989, or a grant to the City of Saint Paul
to pay principa a d interest due on bonds issued by
the City to rem de and refurbish the Como Park
Conservatory;
b . Authorized the ss ance by the City of general
obligation bond i amount of $5 , 000, 000 for Como
Park Conservato y nd in amount of $5 , 500,000 to
reconstruct She ar and Warner Roads ; and
c . Authorized canc 11 tion of any current or future
repayments of S at combined sewer overflow abate-
ment assistance lo ns otherwise required by T1inn.
Stat . Section 1 6 . 62 Subdivision 6 ; and
WHEREAS, By Resolut o C.F. Nos . 89-128 and 89-129 the City
of Saint Paul sold $5 ,00 , 0 general obligation bonds for Como
Park Conservatory remode i and refurbishing and $5 , 500, 000 for
reconstruction of Shepar d Warner Roads ;
WHEREAS , the Minnes t Department of Trade And Econoniic Develop-
ment has tendered Grant g eement ��13062203989 in form of a contract
to provide grant assista c to a construction project rather than a
COUNCIL MEMBERS Requested by Department of:
Yeas Nays
Dimond � Finance and Management Ser ices�
�� [ Fa or
Gosw;tz
Rettman
scne;ne� _ A ain t BY
�
Sonnen
Wilson
Form Approved City Attorney
Adopted by Council: Date '�
Certified Passed by Council Secretary By `
gy,
blpproved by Mavor. Date Appr Mayor for Submissio o uncil
By
WHITE - C�TV CLERK COIlI1C1I
- PINK' �- FINANCE
CANARV - ��L�PARTMENT G I TY SA I NT PAU L
BLUE - MAVOR File NO. � � � -
� � Cou c Resolution
Presented By
Referred To Committee: Date
Out of Committee By Date
-2-
bond debt service payment a d has advised the City that the
contract terms are not ne o iable; and
WHEREAS , it is necessa y to conclude a Grant Agreement and
receive the grant paymen b fore June 30 , 1989 , and the Director,
Department of Finance an M nagement Services and Office of the
City Attorney have reco en ed in light of these circumstances
that the grant agreement be approved as necessary in order to
receive the debt service pa ent grant before the end of the
fiscal year ending June 0 , 1989 ; Now therefore, be it
RESOLVED by the Cou ci of the City of Saint Paul that Grant
Agreement ��13062203989 t nd red by the Minnesota Department of
Trade And Economic Devel pm nt is hereby approved, the Mayor and
Director, Department of in nce and Management Services are hereby
authorized to execute sa d greement on behalf of the City , and
said Director is further a horized to prepare and execute on
behalf of the City and t s bmit to the State Department such
other documents as may b cessary to implement this Resolution
and to meet the provisio s f Laws 1988 , Chapter 686 , Article I
Section 14, Subdivision 1) . .
COUNCIL MEMBERS Requested by Department of:
Yeas Nays -
Dimond "') Fin and Management ervices
i.ong / In Fa or �
Goswitz �
Rettman `�
Scheibel A i n t BY
Sonnen
Wilson
�� , 6 Form Approve City Att rne
Adopted by Council: Date �
Certified Pas e ouncil S et r BY— 6
gy,
Appro by Mavor. a _ Approved by Mayor for Submission to Council
By By
�+�¢!.!S�A n.�r�Y �? '� 1 89
� � � 5� ��� _
OEPARTMENTlOFFICE/OOUNdL DATE IN D � O� �
Finance/Treasury Division 05/0 /8 GREEN SHEET NO.
CONTACT PERSON 6 PHONE INITIALI DATE INITIAUDATE
DEPARTMENT DIHECTOR �+ CRY COUNpL
Shirley Davis/Jim Hart N� cm nrror�er Q GTY CLERK
MUBT BE ON OOUNqL A(iENDA BY(DAT� ROU7flIQ BUDOET DIRECTOR �Z FlN.d MQT.SERVICES DIR.
May 16, 198 9 �u►roR roR�s�sr ❑
TOTAL N OF SIGNATURE PAQES 2 (CLIP A L ATIONS FOR SKiNATUR�
ACTI�I REGUESTED:
The attached resolution authorizes execut on of grant agreement for $800,000 to pay debt
syrvice on 1989 General 0����.on Como np rvatory Bonds. These bonds were authori�ed
b Laws of Minnesota 1988A c'le I. A o of this law is attached.
RECOMMENDATIONS:Approve(IU or Flsject(1� OOUNq MITTEE/RESEARCH REPORT OPTIONAL
ANALY3T PHONE NO.
_PUINNIN(i OOMMISSION _dVIL BERVICE COMMISSI�1
_GB COMMITTEE _
O�iME S:
_STAFF —
_DISTRICT COURT _
SUPPORTS WHICH COUNGL OBJECTIVET
INITIATINO PR08LEM�ISBUE��PORTUNITY(1Nho�Whet.Whsn��Nhe►e�Wh�:
The State of riinnesota has appropriated 80 ,000 for payment of debt service on 1989 Como
Conservatory Bonds. This payment will b i the form of a grant to be paid to the City
Treasury and will be used for the first m nths debt service on these bonds.
ADVANTA(iES IF APPiiOVED:
s these are general obligation bonds, he $800,000 was taken into consideration at the
time of issuance and the tax levy was a �u ted. No levy was set for the $800,000 portion.
D18ADVANTAOE8 IF APPROVED:
RECEIVED
NONE
MAY 81989
OFFlCE OF THE DIRECTOR
DEPARTMENT OF FINANGE
AND MANAGEMENT SERVICES
018ADVANTAOE3 IF NOT APPROVED:
Additional tax levy would be needed i t e amount of $�00,000 to cover debt service.
City would not get advantage of CSO S at loan forgiveness.
TOTAL AMOUNT OF TRANSACTION 800,OOO �gT/pEVENUE Sl!lDQETED(GRCLE ONE) YES NO
�uN�o sou� General Debt ACTIVITY NUMBER 960-89989
FlNANCIAL INFORMATION:(EXPWN)
. • i t 9 t L�WS of MINNESOTA for 1988 C3. 686,Art. 1
Yot ding Laws I 987,chapter 404,
sectio =6 subdivision 3, the appcopria �/�,
uoa i subdivision for �he ;�Iinae. G 7
wta otio picture board for fisca!year �� D
1989 a ' ble upon receipt by the �
' board of i in matchiag conuibutioas � i
of mo a ia ldad from�ns�ate so�rca
for ev S provided by that appropri-
ation. • I
(k)G t ver Road ���� '
I
This a pro riation is for a grant to the j
ciry of ' qpolis to pay principai and �
I
int du oa bonds issued by the aty � '
of� ' ea iis for land acquisition and
dcvdo for the Gctat River Road
prajecc alo che centra! wacerfront ia
downto , ianeapolis. �
The ci y o �finneapolis may issue
SS.�O, 00 general obligaaon bonds -
to acq d develop land in connec.
tioa wi th Greac River Road project.
T'ne bo ds ust be issued beiore June
30. 1989 Bo ds issued under this autbor-
ir+ are ot i cluded in the nec debt of
the city as fined in Minnesota Stat-
uus. 'on 75.51, subdivision 4.
Upon c 'fi tion by the city of Minne-
aDafis t the commissionas of finance
md poll cio conuol that che ciry has
�ssned S .SO 000 in bonds under this
authori an cuntnt or future repay-
meau ui by Minaesota Scacuces.
s�ction I 6.1 2, subdivision 6, are pn-
aled,
r"m co�o' � co���, ' soo,000
,�...
• �aPP p � tion is for a gtant to the
�Y of SL aW AaY P��P�aad inter-
�d�i� a ds issued by the city to
furbish the Como Parlc
.• �nserva ry.
� �ri f S Pau! may issue up to
u•�,00 ia erai obligaaon bonds ":^!�
b tem� � . . �Como Parl� �
conserva ry. e bonds must be issued
before J e 3 , 1989. The city may
also issue up SS,S00,000 ia seaeral_�.
obii�atioa tio to rxons�ruct Shepard� I
.Froad and road.:The bonds musi • .
/ be isaued 'bef December 31, 1992 i
None of bo d proceeds may be uaed �
to develo a rade-separated inter- � .
d�aage at e in 'on of Shepard aad ,
Chescaut The bonds must be i
issued un esota Scaruus, cbap.
ter 475, t that the bonds ar+e not � '
. subject to u eaion requiremeau or
� debt limi nds issued under this
authont?' no induded ia the net debt
of the aty de ned in Minnesota Stat-
nus. sectio 47 S1, subdivision 4.
UPon certifi ti by the city of St Paul
to the com ' i ers of fiaance aud pol.
lution con l t the city has issucd
S10,S00.000 in ads under this author-
ity, any cu nt or future repaymeau
required by i esoca Statuus. section
116.162, su ivi �on 6, are canceled.
, . �
� � Community Development Division
� � 900 American Center
150 East Kellogg Boulevard �]/
I St. Paul, MN 55101-1421 /�3 7
�; , Q
, � 612/296-5005 �
Fax: 612/296-1290
.
V' •
.�May 3, 1989
�'�'����'��
Mr. Gary Norstrem ,.
Treasurer, City of St. Paul ��',i�;� ,� U,
1. �c
Department of Finance and Mana em nt Services ���
Division of Treasury r��Lai��� ,
219 City Hall ����VI$1p}�J
St. Paul , MN 55102
RE: Grant #13062203989, City f t. Paul
Dear Mr. Norstrem:
Enclosed you will find a blank re lution and four copies of the grant agreement
for the referenced project. T e solution authorizes the execution of the
grant agreement and must be co pl ed prior to executing the grant agreements.
The City may wish to develop i s n resolution which is fine. Please return
all copies of the grant agreeme t long with the City's resolutions.
Shirley Davis has a copy of the Gr ntee Summary Sheet and the Payment Request
Form. These two items should b c mpleted and returned with the grant
agreements and the resolution.
If you have questions, please c 11 me at 296-7481.
Sincerely,
. U� �� �I
��L..2 �. �.,1.
I
Nancy L. C. o nspry-`
Community Dev opment Represent ti e
NLCJ/cdr
SCDP.GEN/cdr �
I
j
An Equal Opportunity Employer
_ • � �'�P ��
.
�.�,
s'�°'T' �- CITY OF SAINT PAUL
3~0 ''� ' OFFICE OF 7HE CITY ATTORNEY
9� �`�
�� 11111111111. ��
;" ���1'°° �= EDWARD P. STARR, CITY ATTORNEY
;m
�"'�in�,m°:��+'����` 647 City Hall, Saint Paul, Minnesota 55102
GEORGE LATIMER
612-298-5121
MAYOR
May 8 , 1989
To : Shirley Davis
From: Jim Har�� �--�� , �
Re: 1989 G.O. Bond �
State Grant Ag ee ent ��13062203989
Como Conservat ry Bond Debt Service
Per your request enclose i a draft City Council resolution
approving and authorizin ' e ecution of the State of Minnesota
Grant Agreement.
Enc .
�
��
' � C� B�I� �3�
N
S ATE OF MINNESOTA
DEPARTMENT F RADE AND ECONOMIC DEVELOPMENT
COMM NI Y DEVELOPMENT DIVISION � •
Gran A reement #13062203989
This Agreement is made by and be ween the State of Minnesota, acting by and �
through the Department of Tra e nd Economic Development (hereinafter called the
Grantor) and the City of St. au (hereinafter called the Grantee);
WHEREAS, pursuant to Minnesot L ws, 1988, Chapter 686, Article 1, Section 14,
Subdivision (1 ), the Grantor as been allocated funds by the Legislature of the
State of Minnesota for the pu po e of conducting the project entitled the "Como
Park Conservatory," (hereinaf er called the Project);
NOW, THEREFORE, in considerat on of and in reliance upon the mutual covenants
and agreements contained herein, the parties hereto do covenant and agree, each
for themselves and their resp ctive successors and assigns, as follows:
The Grantor shall grant to th G ntee the total sum of EIGHT HUNDRED THOUSAND
DOLLARS ($800,000), which shall state funds appropriated by the Legislature
of the State of Minnesota. �
Funds made available pursuant o his Agreement shall be used only for project
costs incurred in performing a d ccomplishing such purposes as described herein
and Minnesota Laws 1988, Chapt r 86, Article 1, Section 14, Subdivision (1 ). .
The Grantee shall utilize gran f nds for the purpose of paying principal and
interest payments due on bonds is ued by the City of St. Paul to remodel and
refurbish the Como Park Conser at ry. In accordance with the law, bonds must be
issued by the Grantee to compl te the project. The project includes the renova-
tion and restoration of the So th House (sunken garden); restoration/replacement
of the growing houses; and com le ion of the Palm House restoration. The
Grantee agrees to complete the pr ject outlined in correspondence to the
Grantor.
Accounting
For all expenditures of funds ad pursuant to this Agreement, the Grantee shall
keep financial records includi g roperly executed contracts, invoices, and
other documents sufficient to vi ence in proper detail the nature and propriety
of the expenditures. The Gran ee must account for both the state grant and the
required city match pursuant t M nnesota Laws, 1988, Chapter 686, Article 1,
Section 14, Subdivision (1 ).
Estimates and Reporting
Upon execution of this Agreeme t, the Grantee shall submit to the Grantor
documentation that the bonds h ve been issued. After the grant funds are
expended the Grantee shall fur he document that grant funds were used to pay
principal and interest on the on s.
Affirmative Action C�I �7� 03�
When applicable, [grantee] [ or ower] [contractor] certifies that a certificate
of compliance has been recei ed from the Commissioner of Human Rights as
required by Minnesota Statut s 363.073, Subd. 1, as amended by Laws of
Minnesota, Ch. 660, Section . This contract may be terminated or abridged by
the Department because of su pe sion or revocation of a certificate.
Provisions for Contracts and Su rants
The Grantee shall include in an contract and subgrant, in addition to
provisions that define a sou d nd complete agreement, such provisions that also
assure contractor and subgra te compliance with applicable state and federal
laws. In addition, contract r hall certify that it has received a certificate
of compliance from the Commi si ner of Human Rights pursuant to Minnesota
Statutes, § 363.073, if appl 'ca le. The Grantee shall obtain evidence from any
contractor or subgrantee of om liance with the workers' compensation insurance
coverage requirement of Minn so a Statutes, § 176,181, Subd. 2 and with the ,
affirmative action requireme ts of Minnesota Statutes § 363.073 and Minnesota
Rules 5000.3400 through 5000 36 0.
Payment
The Grantor shall make $800, 00 available to the Grantee in fiscal year 1989.
The Grantor shall pay grant un s for principal and interest due on bonds issued
by the City of St. Paul base u on payment requests submitted by the Grantee and
reviewed and approved by the' Gr ntor.
Term
The Grantee shall perform an a complish such purposes and activities as are
specified herein during the er od from July 1, 1988 through December 31, 1991.
The Grantor will consider a eq est for extension of this term if the project is
not complete as of December 1, 1991.
Termination Clause
If the Grantor finds there h s een a failure to comply with the provisions of
this Agreement, that reasona le progress has not been made, or that the purposes
for which the funds were gra te have not been or will not be fulfilled,
notwithstanding any other pr vi ions of this Agreement to the contrary, the
Grantor may take action to p ot ct the interests of the State of Minnesota,
including refusal to disburs a ditional funds and requiring the return of all
or part of the funds already di bursed.
Audit and Inspection
Accounts and records related to the funds provided under this Agreement shall be
accessible to authorized rep es ntatives of the Grantor for the purposes of
examination and audit. In a di ion, Grantee will give the State of Minnesota,
Department of Trade and Econ mi Development, Legislative Auditor, and State
Auditor's Office, through an a thorized representatives, access to and the
right to examine all records b oks, papers, or documents related to the grant
for inspection and audit.
Reporting Requirements
Grantee shall submit to Gran or an annual progress report on the form prescribed
by the Grantor. The reports ar due on the 30th day after June 30 of each
fiscal year. Grantee shall ub it other reports as Grantor shall reasonably
expect.
r nt Number: 13062203989 � �` � �✓�
G a
• Grant Title: Como Park Cons rv tory Project
Notice to Grantee
You are required by Minnesot S atutes, 1981 Supplement, Section 270.66, to
provide your Minnesota tax de tification number if you do business with the
State of Minnesota. This in or ation may be used in the enforcement of federal
and state tax laws. Supplyi g hese numbers could result in action to require
you to file state tax return a d pay delinquent state tax liabilities. ,This
contract will not be a rove u less these numbers are �rovi�ded. These num ers
wiTlTavaiTaT t`o e era an state tax aut�o ities a�state personnel
involved in the payment of s at obligations.
Minnesota Tax ID
Federal Employer ID
IN WITNESS WHEREOF, the Gran or has caused this Agreement to be duly
executed on its behalf and i s eal to be hereunto fixed and the Grantee
has caused the same to be du y xecuted on its behalf.
APPROVED: GRANTEE: 1 have read and I
agree to all of the above
Commissioner of Administrati n provisions of this agreement.
By By
Date Title
Date
APPROVED:
Commissioner of Finance STATE OF MINNESOTA by and
t—��g�t ��e e�partment of
By Trade and Economic Development
Date By
Title
APPROVED AS TO FORM AND EXEC TI N: Date
Attorney General 's Office
By
Title
Date