85-510 WHITE - CiTV CLERK
PINK - FINANCE (j I y OF SA I NT PAU L Council y/y
CANARV - DEPARTMENT File NO• v �/�
BLUE - MA=OR
� �
C u cil Resolution
Presented By
Referred To Committee: Date
Out of Committee By Date
R:BS L VPION OF THE COUNCII. OF THE C1TY OF
ST. P IIL, MII�iNF�OTA, GONCERNING THE SUBM�.SION
OF A APPLICATION FOR AN IIR.BAN DEVELOP ARENT
ACTI N GR.ANT
WH REAS, the City of St. Paul, Minnesota, desires to undert ke and to
encourage privat enterprise to undertake development and rede elopment
activities ithin t downtown area of the City of St. Paul; and
WH REAS, he City of St. Paul desires to assist a private devel per in the
developme t of a otel facility, referred to as the World Trade Center H tel, to be
located on the blo k of real property within the downtown area of the ity of St.
Paul know as Bloc 23; and
WH REAS, the City of St. Paul proposes to provide assistan e to the
developme t throu h the construction of a public parking ramp in conne tion with
the hotel f cility; d
WH REAS, the proposed development would serve to eliminate light and
the causes of bligh from the downtown area, to increase taxes from the developed
property a d to pr vide new employment opportunities within the City o St. Paul;
and
WH REAS, n order to make the proposed development feasible, he City of
St. Paul d sires t apply for and obtain an Urban Development Ac 'on Grant
through th United States Department of Housing and Urban Developmen ; and
WH REAS, a part of the application for such assistance the ity of St.
Paul is re ired to make certain representations to the United States D partment
of Housin and U ban Development concerning the City's commitm nt to the
proposed d velopm nt.
COUNC[LMEN Requested partment of:
Yeas Nays
�Flet�her
Drew In Favor
Masanz
Nicosia
Scheibel _ Against BY
Tedesco
Wiison
So�r e�1
Form Approved by City Attorney
Adopted by Council: Date
Certified Passed by Council Secreta y BY
By
Approved by Mavor: Date Approved by Mayor for Submission to Coun il
BY BY
WHITE - CITV GLERK
PINK - FINANCE (� COUACIl
CANARV - DEPARTMENT vI Y OF SAINT PAUL File NO• � -�i�
BLUE - MA�,OR
.. �
C uncil Resolution
Presented By
Referred To Committee: Date
Out of Committee By Date
NOW THE EFORE, be it resolved by the City Council of the ity of St.
Paul that n the e ent that an Urban Development Action Grant is aw ded to and
accepted by the City of St. Paul for use in connection with th proposed
developm nt, the City w�l take all necessary steps to enable it to utilize tax
incremen finan 'ng as detailed in the Urban Development Ac ion Grant
applicatio in co ection with the proposed development and in accor ance with
the terms of the inal Urban Development Action Grant Agreement to be entered
into betw en the ity of St. Paul and the United States Department of ousing and
Urban De elopme t.
COU[VCILMEfV Requested b partment of:
Yeas �F SD/1l�yL�"
°�°"'' [n Favor
Masanz
sc�netb r � Against BY
Tedesco
Wilson
�M
Adopted by Council: Date AP 1 1 1985 Form Approved City Attorney
Certified � •s d y cil ,e By t
By,
t#ppr Mavor: Date R � � ���� Appcoved by ayoc for Submission to Cou il
B Pi1B�lt E� P �',�� By