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85-451 WHITE - �ITV CLERK t PINYf - FIJANCE COI1i1C11 CANARV -D£PARTMENT ITY OF SAINT PAUL File NO. -��� BLUE -MAVOR Return copy to Valuatio s Divis'on Or�lin�nce �-3 Room 218 Ordinance N 0. Presented By i^ Referred To �—�= Committee: Date '" ��j Out of Committee By Date Ord'nance amending Chapter 64 of the aint aul Administrative Code pertaining o the Levying and Col�.ection of Special ssess ents for Local Impravements. THE COUNCIL OF THE C TY OF SAINT PAUL DOES ORDAIN: Section 1. That Sect on 64 04 , Subdivision Y of the Administrative Code be and is here y ame ded to read as follows: Subdiv sion Assessments shall bear interest at the rate f 9 percent per annum except when the as ess�ne ts are in conjunction with the con- struct 'on of a public improvement funded exclu- sively with rban Development Action Grant (UDAG) or oth r fed ral government funds, in which case sai� i teres rate shall be the rate specified in the co tract ith the federal government as ap- proved y the city council. For special projects finance sol ly by bond sales w ere t e assess- ments a e use to retire t ose bonds, the annual interes rate or t e assessments s a e t e average annua interest rate on t e on s issued plus a actor to cover the City s cost to be determi e y t e Va uation an Assessment Enginee an e Treasury Manager. Assessments may be aid i w o e or in part to the city' s finance depar ment without interest being charged if done withi 30 days after the adoption and publica ion o the assessment roll. In the event t at le s than the total assessment is COUNCILMEN Requested by Department of: Yeas Nays Fletcher Fi a d M n ement S r ' Drew In Favor Masanz Nicosla B Director Scheibel A gai n s t Y Tedesco ��— Wilson Form Approv d y City Attor y Adopted by Council: Date Certified Passed by Council Secret y BY �y Approved by Mayor: Date Approve b ayor r ubmis ' n to Cou il � BY WHITE - �ITV CLERK 1 PINR ' - R�NANCE CO11AC11 CANARV - DEVARTMENT C TY OF SAINT PAUL File NO. ✓ / BLUE -MAYOR Return copy to Valuations ivisio O/ f�Z/L�/LCG Ordinance NO. � Room 218 Presented By Referred To Committee: Date Out of Committee By Date paid wi hin t is 30-day period, the finance departm nt sh 1T calcuYate the remaining out- standin prin ipal balance and shall divide this ba ance 'nto equal annuaY installments extendi g ove the period established by the assessm nt re olution. Section 2. This ordin nce s alY take effect and be in force 30 day from and after its p ssage, approval and publication. -2- COUNCILMEN Yeas _SoNNf� Nays Requested by Department of: �m Fina ce & Management Service Drew [n Favor �� Nlcosia � Against BY Direc r Scheibel Tedesco �� W ilson Adopted by Council: Date PR 3 0 1985 Form Approv by City Attor Certified P s Co c' S r r BY By Appr Mayor: Dat . MAY 2 1985 Approve b Mayo r S miss to Co ncil � � By _ AY 11 i985 Fin�.nce & Management Servic s + �;�<i � :DEPARTt� C��- �� �` �- Np 1�4,� Pet ite NTACT • , �� `�� PHONE � �� �� Mar' h 22 1985 DATE � Qi AS IGN NUNBER FOR ROUTING 0 DER C i All Locations for Si nature : partment Director 2 Director of Management Mayor Finance and Management ervice Director 3 City Clerk -� ��_I Budget Director City Rttorney WH�IT WILL BE ACHIEVED BY TA ING AC ION ON THE ATTACHED MATERIALS? (Purpose/ ', Rationale) : Foir projects which are fin ced s ely by bond sales where assessments are used t retire thpse bonds. The interest ate fo the assessments will be tied to the interest ate on th� bonds. An example of is typ of project is the Ford Parkway/Cleveland Aven e Street- sc�.pe Project. � RECEIVED CO T/BENEFIT BUDGETARY AND PERSON EL IMPACTS ANTICIPATED: MAR 2 2 1985 No e. OFFICE OF THE DIRECTOR � DEPAR7MENT OF FMANCE ' AND MANAGEMENT SERV{ '� �IE�C�NED ; 3 ��l� .�!�,1 , Yafuatk��s&Asse� ments Div►s�on Dap� Finance& M nagement Services FI�IANCING SOURCE AND BUDGET ACTIVI Y NUMBER CHARGED OR CREDITED: (Mayor's signa- ture not re- Total Amount of Transact on: A quired if under $10,00Q) Funding Source: 'Activity Number: AT ACHMENTS List and Numbe All A tachments : 1. Proposed ordinance DE�ARTMENT REVIEW CITY ATTORNEY REYIEW ',Yes x No Council Resol tion R quired? Resolution Required? es No ' Yes x No Insurance Req ired? Insurance Sufficient? es No �Yes x No Insurance Att ched: , ', (S E REVE SE SIDE FOR INSTRUCTIONS) Re�ised 12/84 � .,--,�� ,�;,� , �M����� , : • , ►S13I�7'T �..E1_t7L � :-.�x- �':.:;�. . I'7'�' .p r , � - �s/ ,-_,;;; t,{ ,:., , . . � ,,. �:.:?r r:'..�_-.:':� } ;r orz�xcr oin ►1'�IT: C.I�Y CO'G��Yclr. /7�3 _.'�:; t:_Y.;_�tr: ::; !:s� � � s",\.' -- "'ti'• t_� . �;��i�;i Dote : April 11, 1985 \:;�- . . .=,:L.�,--_ . -�,... C� �/� fi i � E � � Pp � -r TO � S4 n� P �u � Ci,;.f Goc.� nci� F� � �f} ' �� i� �I! �� C i I FINANCE, MANAGEMENT & PERSONN L ' ' C!�-� l R J S SCHEIBEI; 1. AFrrova 1 0� i nut_s frc�-n me�:i ngs Apr i 1 I encf a 108� , ,.�ic��i�G% � Z. Re_�1�}i on a• arovi n cont i nuous s��cort or the Ut't i:a_i GT��3C cavi n s 8onc3 Proer�:� j n cen ra 1 a�d or t:�e Autcm�_i c Pa.�ro t t S�v i ngs P I a� n ' ��z_ific. �� �� ?. Re_olution a �rovin Cc�rmunity Oevejorm��� 8,ock Gr�nL Ye�r XI e�p i- c� ion to th U.S. epar�ment or Housing 8 �r_�n De�,eloAment. (FE� } �,1;��.f � �, �.� 1� en a: .^.a i ng the I9g5 h����or �y - - ��:inc �2.��:.34 to tt;e Fin rc- . ing Pl�n e�a o t:�e Sae�ai c p!- c � �n for L. Pa�.�i R:.'?'C!5? — E!la*'4�f 01�t. 1 C� i�°_==ina (P� i ic r!a is) ���1 ����(� ��"��� �y,�.� C' .0 i�l� C c'�D'C�*' / dt= :�4 6� t�� ,�cT i n i=_-rr i ve Cac� per--�i n i nc *_� � ' `r�ld. _i n ' � �• - � m��•, ,,;,. �. =" o or �e_��I �s_����se�t� for a oc�1 IRDr�V Q � � � t � �° g M rc��mA�t co,-�i cs�l d��/(��1�� _ , 6. Re_o lu�ian em �cina e==ian 8 or t� Civit Servic� Rules ccnc�rning �!u i t i p 1 e V_ca c i e�. (P�r�onne� ? �r� ,ICrG/J !/ C �. Re�o i ut i on cT !1C21 ftr tln �3�ai"% R?Ctl cRQ rCa=°� Qr CcmG=��a_i on 17ce0 j ''�on r�car��rt �c��u �ing for the e=rnirg ar vac�tien_ (p�*-�vnne} e �'l�'� _a �`' �� ;��,�,�-�:l� . � R��oi�tion e=_• ��li+;;ing t„_ mrn�mum ���IITIC�_;ens far '- or F�rscnnel ir�=�o o�; � � f t��e posi�ion. (P_. ..er�ne� �G-�l I� ���C/� � `�'�� S -- NOT ON PREPA D AG DA: � � � . An ordinance stabl ' shing and approving appointments of an , examining co ittee for ositi"�n of_ Personnel Director of St. Paul /� !C'� c�l LU ���S - CITY H��LL S� ENTH FLOOI: SAINT P�'.UL. �iI. �tESOTA SSIO? •t��..u �.St �- .... � , `Ti � . / _ _ . ��-� ., -2nd � %—�-�� 3rd �— ,/-�.j � Adopted �/�-�'-3� Y as �' �0--�� °�' . 4_� Na��.7 _ �, :1 � � ��.�•� ,.� i���- �.��-3� �f-3 �— �.;��t:-��i;�# MASANZ , / 'j " i=_► . /��-�7 )y�� :��� � � NICOSIA `� � �-� " ��r i� ;`��:;.,. 1 S CH E I B EL ' - e�...�._�:�_� SOVNEN - _ SdILSON MR. PR�SIDE�?T TEDESCO . . ._ .___ . .._._. __ � -��•_ .,— �j:���'�� 1�tlJ �a��r f�' — ,r��F�i.�;: ������ , ,.;�,_-