99-357Council File # � S�
` S �o � � ����s \���
r' �` S �� y � � Resolution #
Ar.. �.�.� e a- � S, �q°�q
� Green Sheet # �� ��
RESOLUTION
CITY OF SAINT PAUL, MINNESOTA a3
1Y1. `a .r I _ �
Presented By
Referred To
G
Committee: Date
1 BE IT RESOLVED, that it is the intent of the City Council that no direct developer fee associated with
2 any multi-unit rental housing project considered for funding from the City of Saint Paul oz the Housing
3 and Redevelopment Authority of the City of Saint Paul, MN shall exceed the following guidelines:
4 • the lessor of $8,500 per unit or 10% of total development cost less the cost of acquisition for the
5 first 30 units of a rehabilitation project,
6 • the lessor of $6,375 per unit or 10% of total development cost less the cost of acquisition for
7 units 31 to 150 of a rehabilitation project,
8 • $8,500 per unit for the first SQ units of a new construction project, and
9 • $6,375 per unit for units 51 to 150 of a new construction project.
10 BE IT FURTHER RESOLVED, that developer fee shatl be defined to include developer overhead,
11 developer processing fees, dzveloper profit, consulting fees related to activities and responsibilities
12 customarily performed by a developer , and any other amounts received by the developer.
,
� c��-3��
i BE IT FURTHER RESOLVED, that the developer fee as a percent of the total project cost is calculated
2 as follows:
3 • dollar amount of developer fee divided by (the totai development cost [less the cost of
4 acquisition] of the project less the dollaz amount of developer fee).
5 BE IT FURT�HER RESOLVED, that it is the intent, that the amount of direct developer fees be
6 determined on a project-by-project basis, based on�a mix of development variables including project
7 complexiry, scale, schedule, and developer risk and performance.
y
8 BE i'�` FiNALLY RESOLVED, that the Council recognizes that there aze circumstances where
these guidelines should not apply; a project may exceed these guidelines with approval of the City
Council.
Reguested 5y Department of:
CoZemar.
ReiCer
BY:
ap Fo_^,r. Anproved 'ny City 9ttoraey
�cont=c by Couaczl: �a[e ���� �.—` \�
ynonc_o^ C=-� �ced by Cour.ci: 5?c �Y=
3v li
Apnroved 'ny Mayor _or Submission [o Cour.c-'_
:.gorovec ny Mayor: te 94
1
3V: BV:
��-3S�
GREEN SHEET
Councilmember Mike Hazxis 68630
tisawx
xureoecon
RoOTIxG
ORDEit
TOTAL # OF SIGNATURE PAGES
oE..n,ron ow�raie
No 62332
❑ urv�nox�r ❑ arcuuK
❑n+wrlu.amneesoee. ❑fwxry�ao�KCro
❑11nYaeloRA8�G1M) ❑
(CLIP AlL LOCATIONS FOR SIGNATURE)
A resoluflon that no clirect developer fee associated with any mulfl-unit housing project considered for funding from the City of SaintPaul
or the Saint Paul Housing and Redevelopment Authority shall exceed certain guidelines.
PLANNING CAMMISSION
CIB COMMITTEE
CIVIL SERVICE COMMISSION
AMOUNTOFTRANSAC170N
Has fhis perso�rm everxrorked untler a conhact For thie aepaRmeM7
VES NO
Haa Mis peraoNfirtn ever Eeen a cilY emPbYee?
VES NO
Does Mis persoNfirtn G�as a sidll not noimalNP�sessetl q' a�Y curtent dty employee�
YES NO
Is Mis personfirm a tarpetetl vendoR
YES NO
COSTRtEVENUEBUDQETED�GRCLEON�
ACTNITY NUMBER
YES NO
(�WM
Council File # ���
ORIGiNAL
,
Ptesented
Referred To
Green Sheet # �
Committee Date
i BE TT RESOLVED, that it is the intent of the City Council t no dire�t developer fee associated
2 with any multi-unit rental housing project considered for ding by the City of Saint Paul or the
3 Saint Paul Housing and Redevelopment Authority shall ceed the following guidelines:
4
5
6
7
8
• $8,500 per unit for the first 30 units of a ehabilitation project,
• $6,375 per unit for units 31 and over o a rehabilitation project,
$8,500 per unit for the first 50
$6,375 per unit for units 51 and
a new construction project, and
of a new construction project, and be it
9 FURTI�R RESOLVED, that it is the intent the City Council that developer fees be deternuned
10 on a project-by-project basis, based on mix of development variables including project
11 complexity, scale, schedule, and develope risk and performance.
Requested by Departnient of:
Ben
B l a key
Bostrom
Co
Hazris
Reiter
�
Form Approved by City Attomey
�
Adopted by Council: Date
Adopflon Certified by Council Secretary
By:
Approved by Mayor: Date
Sy:
RESOLUT{ON
AINT PAUL, MINNESOTA
Approved by Mayor for Submission to Council
�
Council File # � S�
` S �o � � ����s \���
r' �` S �� y � � Resolution #
Ar.. �.�.� e a- � S, �q°�q
� Green Sheet # �� ��
RESOLUTION
CITY OF SAINT PAUL, MINNESOTA a3
1Y1. `a .r I _ �
Presented By
Referred To
G
Committee: Date
1 BE IT RESOLVED, that it is the intent of the City Council that no direct developer fee associated with
2 any multi-unit rental housing project considered for funding from the City of Saint Paul oz the Housing
3 and Redevelopment Authority of the City of Saint Paul, MN shall exceed the following guidelines:
4 • the lessor of $8,500 per unit or 10% of total development cost less the cost of acquisition for the
5 first 30 units of a rehabilitation project,
6 • the lessor of $6,375 per unit or 10% of total development cost less the cost of acquisition for
7 units 31 to 150 of a rehabilitation project,
8 • $8,500 per unit for the first SQ units of a new construction project, and
9 • $6,375 per unit for units 51 to 150 of a new construction project.
10 BE IT FURTHER RESOLVED, that developer fee shatl be defined to include developer overhead,
11 developer processing fees, dzveloper profit, consulting fees related to activities and responsibilities
12 customarily performed by a developer , and any other amounts received by the developer.
,
� c��-3��
i BE IT FURTHER RESOLVED, that the developer fee as a percent of the total project cost is calculated
2 as follows:
3 • dollar amount of developer fee divided by (the totai development cost [less the cost of
4 acquisition] of the project less the dollaz amount of developer fee).
5 BE IT FURT�HER RESOLVED, that it is the intent, that the amount of direct developer fees be
6 determined on a project-by-project basis, based on�a mix of development variables including project
7 complexiry, scale, schedule, and developer risk and performance.
y
8 BE i'�` FiNALLY RESOLVED, that the Council recognizes that there aze circumstances where
these guidelines should not apply; a project may exceed these guidelines with approval of the City
Council.
Reguested 5y Department of:
CoZemar.
ReiCer
BY:
ap Fo_^,r. Anproved 'ny City 9ttoraey
�cont=c by Couaczl: �a[e ���� �.—` \�
ynonc_o^ C=-� �ced by Cour.ci: 5?c �Y=
3v li
Apnroved 'ny Mayor _or Submission [o Cour.c-'_
:.gorovec ny Mayor: te 94
1
3V: BV:
��-3S�
GREEN SHEET
Councilmember Mike Hazxis 68630
tisawx
xureoecon
RoOTIxG
ORDEit
TOTAL # OF SIGNATURE PAGES
oE..n,ron ow�raie
No 62332
❑ urv�nox�r ❑ arcuuK
❑n+wrlu.amneesoee. ❑fwxry�ao�KCro
❑11nYaeloRA8�G1M) ❑
(CLIP AlL LOCATIONS FOR SIGNATURE)
A resoluflon that no clirect developer fee associated with any mulfl-unit housing project considered for funding from the City of SaintPaul
or the Saint Paul Housing and Redevelopment Authority shall exceed certain guidelines.
PLANNING CAMMISSION
CIB COMMITTEE
CIVIL SERVICE COMMISSION
AMOUNTOFTRANSAC170N
Has fhis perso�rm everxrorked untler a conhact For thie aepaRmeM7
VES NO
Haa Mis peraoNfirtn ever Eeen a cilY emPbYee?
VES NO
Does Mis persoNfirtn G�as a sidll not noimalNP�sessetl q' a�Y curtent dty employee�
YES NO
Is Mis personfirm a tarpetetl vendoR
YES NO
COSTRtEVENUEBUDQETED�GRCLEON�
ACTNITY NUMBER
YES NO
(�WM
Council File # ���
ORIGiNAL
,
Ptesented
Referred To
Green Sheet # �
Committee Date
i BE TT RESOLVED, that it is the intent of the City Council t no dire�t developer fee associated
2 with any multi-unit rental housing project considered for ding by the City of Saint Paul or the
3 Saint Paul Housing and Redevelopment Authority shall ceed the following guidelines:
4
5
6
7
8
• $8,500 per unit for the first 30 units of a ehabilitation project,
• $6,375 per unit for units 31 and over o a rehabilitation project,
$8,500 per unit for the first 50
$6,375 per unit for units 51 and
a new construction project, and
of a new construction project, and be it
9 FURTI�R RESOLVED, that it is the intent the City Council that developer fees be deternuned
10 on a project-by-project basis, based on mix of development variables including project
11 complexity, scale, schedule, and develope risk and performance.
Requested by Departnient of:
Ben
B l a key
Bostrom
Co
Hazris
Reiter
�
Form Approved by City Attomey
�
Adopted by Council: Date
Adopflon Certified by Council Secretary
By:
Approved by Mayor: Date
Sy:
RESOLUT{ON
AINT PAUL, MINNESOTA
Approved by Mayor for Submission to Council
�
Council File # � S�
` S �o � � ����s \���
r' �` S �� y � � Resolution #
Ar.. �.�.� e a- � S, �q°�q
� Green Sheet # �� ��
RESOLUTION
CITY OF SAINT PAUL, MINNESOTA a3
1Y1. `a .r I _ �
Presented By
Referred To
G
Committee: Date
1 BE IT RESOLVED, that it is the intent of the City Council that no direct developer fee associated with
2 any multi-unit rental housing project considered for funding from the City of Saint Paul oz the Housing
3 and Redevelopment Authority of the City of Saint Paul, MN shall exceed the following guidelines:
4 • the lessor of $8,500 per unit or 10% of total development cost less the cost of acquisition for the
5 first 30 units of a rehabilitation project,
6 • the lessor of $6,375 per unit or 10% of total development cost less the cost of acquisition for
7 units 31 to 150 of a rehabilitation project,
8 • $8,500 per unit for the first SQ units of a new construction project, and
9 • $6,375 per unit for units 51 to 150 of a new construction project.
10 BE IT FURTHER RESOLVED, that developer fee shatl be defined to include developer overhead,
11 developer processing fees, dzveloper profit, consulting fees related to activities and responsibilities
12 customarily performed by a developer , and any other amounts received by the developer.
,
� c��-3��
i BE IT FURTHER RESOLVED, that the developer fee as a percent of the total project cost is calculated
2 as follows:
3 • dollar amount of developer fee divided by (the totai development cost [less the cost of
4 acquisition] of the project less the dollaz amount of developer fee).
5 BE IT FURT�HER RESOLVED, that it is the intent, that the amount of direct developer fees be
6 determined on a project-by-project basis, based on�a mix of development variables including project
7 complexiry, scale, schedule, and developer risk and performance.
y
8 BE i'�` FiNALLY RESOLVED, that the Council recognizes that there aze circumstances where
these guidelines should not apply; a project may exceed these guidelines with approval of the City
Council.
Reguested 5y Department of:
CoZemar.
ReiCer
BY:
ap Fo_^,r. Anproved 'ny City 9ttoraey
�cont=c by Couaczl: �a[e ���� �.—` \�
ynonc_o^ C=-� �ced by Cour.ci: 5?c �Y=
3v li
Apnroved 'ny Mayor _or Submission [o Cour.c-'_
:.gorovec ny Mayor: te 94
1
3V: BV:
��-3S�
GREEN SHEET
Councilmember Mike Hazxis 68630
tisawx
xureoecon
RoOTIxG
ORDEit
TOTAL # OF SIGNATURE PAGES
oE..n,ron ow�raie
No 62332
❑ urv�nox�r ❑ arcuuK
❑n+wrlu.amneesoee. ❑fwxry�ao�KCro
❑11nYaeloRA8�G1M) ❑
(CLIP AlL LOCATIONS FOR SIGNATURE)
A resoluflon that no clirect developer fee associated with any mulfl-unit housing project considered for funding from the City of SaintPaul
or the Saint Paul Housing and Redevelopment Authority shall exceed certain guidelines.
PLANNING CAMMISSION
CIB COMMITTEE
CIVIL SERVICE COMMISSION
AMOUNTOFTRANSAC170N
Has fhis perso�rm everxrorked untler a conhact For thie aepaRmeM7
VES NO
Haa Mis peraoNfirtn ever Eeen a cilY emPbYee?
VES NO
Does Mis persoNfirtn G�as a sidll not noimalNP�sessetl q' a�Y curtent dty employee�
YES NO
Is Mis personfirm a tarpetetl vendoR
YES NO
COSTRtEVENUEBUDQETED�GRCLEON�
ACTNITY NUMBER
YES NO
(�WM
Council File # ���
ORIGiNAL
,
Ptesented
Referred To
Green Sheet # �
Committee Date
i BE TT RESOLVED, that it is the intent of the City Council t no dire�t developer fee associated
2 with any multi-unit rental housing project considered for ding by the City of Saint Paul or the
3 Saint Paul Housing and Redevelopment Authority shall ceed the following guidelines:
4
5
6
7
8
• $8,500 per unit for the first 30 units of a ehabilitation project,
• $6,375 per unit for units 31 and over o a rehabilitation project,
$8,500 per unit for the first 50
$6,375 per unit for units 51 and
a new construction project, and
of a new construction project, and be it
9 FURTI�R RESOLVED, that it is the intent the City Council that developer fees be deternuned
10 on a project-by-project basis, based on mix of development variables including project
11 complexity, scale, schedule, and develope risk and performance.
Requested by Departnient of:
Ben
B l a key
Bostrom
Co
Hazris
Reiter
�
Form Approved by City Attomey
�
Adopted by Council: Date
Adopflon Certified by Council Secretary
By:
Approved by Mayor: Date
Sy:
RESOLUT{ON
AINT PAUL, MINNESOTA
Approved by Mayor for Submission to Council
�