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85-1629 WHITE - CITV CIERK PINK - FINANCE COU11C1I P /`_ �j CANARV - DEPARTMENT G I TY OF SA I NT PA LT L n (Q p� BLUE - MAVOR Flle NO• v� �° � Council Resolution Presented By ��'-� � �Referred Ta � Committee: Date �"'2 �d3 —8s Out of Committee By Date WHEREAS, the 1986 City of Saint Paul Budget provides for General Obligation Bond Issues for -- a) Water Pollution Abatement in amount of $2,800,000 ; b) Capital Improvement Bonds in amount of $8 ,700,000; c) Urban Renewal Bonds in amount of $500,000 ; and WHEREAS, the desirability of issuing Tax Anticipation Certifi- cates to meet 1986 General Fund cash flow requirements should be determined by the City Council ; now, therefore, be it RESOLVED, by the Council of the City of Saint Paul , that the Director of the Department of Finance and Management Services is hereby authorized and directed to initiate action and to commence preparation of appropriate documen�s looking toward the offering and sale of 1986 General Obligation Bonds and Tax Anticipation Certificates and to report to the Council his recommendations for �hese offerings no later than December 19, 1985. COUNC[LMEN Requested by Department of: Yeas Nays � Drew Masanz Fina ce and Man ent Services N�cos�a In Favor Scheibel � r 9e�w.w� A gainst Tedesco W i Ison Adopted by Council: Date DEC �I Z 19�5 Form Approved by City Attol�ney Certified P s ed by Cou cil S ret BY �� By C �- ' �� A►pproved y avor: Date • DC 1 �J �9�J Approved by Mayor for Submission to Council By BY P�, ,kt��E�� ' `� i f5�� ,��:�. . Finance & Mana ement Serv�.ces DEPARTMENT ��s�� 9 NO 345� . . • Gary Norstrem ' CONTACT � 292-7016 PHONE November 25, 19 DATE �Q/�� Qi ASSIGN NUMBER FOR ROUTING ORDER (Cli All Locations for Si nature : Department Director Director of Management/Mayor � Finance and Management Services Director 5 City Clerk Budget Director � Councilman Scheibel �City Attorney WHAT WILL BE ACHIEVE BY TAKING ACTION ON THE ATTACHED MATERIALS? (P pose/ ationale) : The attached council re lution gives the Direct�r, Finance & anagement Services the authority to undertake ac ion in preparation for bonds to be offered and so1d. .� R�CFIVED J;y. �:'j?�! 2 � 1985 OF;-!C� OF TH� DI�ECTOR COST/BENEFIT, BUDGETARY AND PERSON L IMPACTS ANTI PATED: �EP'2f�'��r�NT OF F;NANCE AND MANAGcMENT SERVICES For the purpose of ineeting general fu d cash f ow requirements, of funding the 1986 Capital Improvement Budget and of comb ed s er separation and street reconstruction. FINANCING SOURCE AND BUDGET ACTIVITY UMBER CHAR D OR CREDITED: (Mayor's signa- ture not re- Total Amount of Transaction: quired if under $10,00Q) Fundir�g Source: Activity Number: ,- ATTACHMENTS (List and Number/�All Attachments) : I. Council Resolution % 1) $16,000,000 G.O. Tax Anticipation Certificates of Indebte ess (estima.ted) 2) $ 8,700,000 G.O. Capital Improvement Bonds Series I986 3) $ 2,800,000 G.O. Water Pollution Abatement Bonds Series 1986 4) 500,000 G.O. Urban Renewal Bonds Series 1986 5) $ 2,000,000 CSO Revenue Bonds Series 1986 �.Sewer Service Bi11in Supported) 6) $ 2,000,000 CSO Street Improvement Revenue Bonds Series 1986 (Sp ia1 Assessment Supported DEPARTMENT REVIEW CITY ATTORNEY REVIEW Yes No Council Resolution Required? Resolution Required? �Yes No Yes No I'nsurance Required? Insurance Sufficient? Yes No Yes No Insurance Attached: (SEE REVERSE SIDE FOR INSTRUCTIONS) Revised 12/84 - � �. � �. � , . � y� ��-i�� ,,�,T� o, , � CITY OF SAINT PAUL e �F, OFFICE OF THE CITY ATTORNEY ` "�1°" '� EDWARD P. STARR, CITY ATTORNEY �,�: ��€ �+��•� 647 City Hall, Saint Paul,Minnesota 55102 612-298-5121 GEORGE LATIMER MAYOR December 2 , 1985 M E M O R A N D U M TO: Gary Norsterm City Treasurer ,;= FROM: James T. Har Assistant City Attorney RE: 1986 City General Obligation Bond Sale As discussed at the November 27 , 1985 meeting called by you re- specting the January, 1986 sale, find enclosed a rewritten preliminary Council Resolution. JTH: jr cc: Shirley Davis ' `` . - . , , , ��5`/loa�+ 4��,_. o, , � �� CITY OF SAINT PAUL ,�: �� OFFtCE OF THE CITY ATTORNEY �� {�i�i�ii we� � EDWARD P. STARR, CITY ATTORNEY '�n,�.�� 647 City Hall, Saint Paul,Minnesota 55102 612-298-5121 GEORGE LATIMER MAYOR November 22 , 1985 To : Gary Norstrem From: Jim HartC Re: � 1986 City Bond Sale Per your request transmitted herewith is a draft Council Resolution � preliminarily authorizing a bond sale and authorizing the Director, Finance and r�[anagement Services to undertake action and document preparation appropriate to a bond offering and sale . Enc . cc : Shirlev Davis � �.1 1♦ LLLnn � PINKc - F�NANCE COURCII CANA�V - DEPAFtTMENT GITY OF SAINT PAITL G� /�a9 B141E � - MAVOR ' • „ � . F1IC NO. / City Attny/JTH •� Council Resolution �� Presented By Referred To Committee: Date Out of Committee By Date RESOLVED, That for the purpose of ineeting general fund cash flow requirements , of funding the 1986 Gapital Improvment Budget , of water pollution abatement, of funding redevelopment project activities and of combined sewer separation and street recon- struction, the Council of the City of Saint Paul upon the recommen- dation of its Firiance, Management and Personnel Committee and in accordance with appropriate statutory and charter provision, does hereby authorize the issuance of Tax Anticipation Certificates , Revenue and General Obligation Bonds in 1986 as follows : a) Tax Anticipation Certificates in the aggregate principal amount of Sixteen Million ($16,000,000) Dollars ; b) Capital Improvement General Ob].igation Bonds in the aggregate principal amount of Eight Million Seven Hundred Thousand ($8 ,700, 000) Dollars ; c) Water Pollution Abatement General Obligation Bonds in the aggregate principal amount of Two Million Eight Hundred Thousand ($2 , 800, 000) Dollars ; d) Urban Renewal General Obligation Bonds in the a gregate principal amount of Five Hundred Thousand (�500, 000) Dollars ; e) Combined Sewer Overflow Revenue Bonds (Sewer Service Billing Supported) in the aggregate principal amount of Two Million ($2 ,000,000) Dollars ; and COUNCILMEN Requested by Department of: Yeas Nays Drew �nasanz [n Favor Nicosia � Schaibel sonnen A gainst BY Tsdesco Wilaon Form Approved by City Attorney Adopted by Council: Date Certified Passed by Council Secretary BY gy, A►pproved by Mavor: Date Approved by Mayor for Submission to Council gy BY , WHIT�' - CITV CLENN PINI(` � FINANCE COLI�CIl BIUERV - MAPORTMENT • -• . . �. , GITY ,OF SAINT PAUL File NO. ��'°2� � � � Council Resolution r � � Presented By Referred To Committee: Date Out of Committee By Date -2- f) Combined Sewer Overflow Street Improvement Revenue Bonds (Special Assessment Supported) in the aggregate principal amount of Two Million ($2 ,000,000) Dollars . RESOLVED FURTHER That the Director, Department of Finance and Management Services is hereby authorized and directed to initiate action and to commence preparation of appropriate documents looking toward the offering and sale of such certificates and bonds and to report to the Council his recommendations for the offering and sale of the same no later than December 19 , 1985 . , . COUNCILMEN Requested by Department of: Yeas p� Nays Mas°"z {n Favor N icosia Scheibal Sonnen A gainst BY Tedesco W ilson Form Approved by City Attorney Adopted by Council: Date � = Certitied Yassed by Council Secretary BY /r—�z��s By� Approved by 17avor: Date Appcoved by Mayor for Submission to Council gy BY _ : ' . ^ • • . • �� WHITE - CITV CLERK .. _ _. . _ _-_ -_ - . _ __. _ - __ _ .__ _ _ _ _ . ._ _ __ _. �� _. _ � _. . PINK - FINANCE G I TY OF SA I NT PAU L Council .� 9 CANARV - DEPARTMENT BLUE - MAVOR File NO. City Attny/JTH • � �; o.uncil Resolution f Presented By Referred To � Committee: Date �� 3�8`� Out of Committee By Date , ,,, SOLVED, That for the purpose of ineeting gener ffund cash flow r�ec�i.irements , of funding the 1986 Capital Impr vment Budget , of water gollution abatement, of funding redevelo ent project activities �and of combined sewer separation and`street recon- struction, t�.e Council of the City of Saint P:�'ul upon the recommen- dation of its' Firiance, Management and Personnel Committee and in accordance with appropriate statutory and. charter provision, does hereby authorize the issuance of Tax Anticipation Certificates , Revenue and General Obligation Bonds in 1986 as follows : a) Tax Antic�.pation Certificates in the aggregate principal amount of Sixt.een Million ($16 , 000,000) Dollars ; b) Capital Improvement General Obligation Bonds in the aggregate p`rincipal amount of Eight Million Seven Hundred Tli�usand ($8 , 700, 000) Dollars ; c) Water Pollutiv'n� Ab�tement General Obligation Bonds in the aggregate pri��cipal amount of 'I�ao Million Eight Hund�ed Thousan`c� ($2 ,800,000) Dollars ; i� � � d) Urban R�newal General 0�31igation Bonds in the a gregate principal amoun of Five Hundred Thousand (�594 , 000) Dollars ; e) �ombined Sewer Overflow Reven e Bonds (Sewer Service ''Billing Supported) in the aggr ate principal amount �%" of Two Million ($2,000 , 000) Dol rs ; and '� COUNCILMEN Requested by Department of: Yeas preW Nays n�asanz in Favor Nicosia Scheibel Sonnen _ Against BY Tedesco W i Ison Form Approved by City Attorney Adopted by Council: Date Certified Passed by Council Secretary BY By� Approved by �Vlavor: Date Approved by Mayor for Submission to Council By � By -- - — -- - - - - - - — -- - _ _ _ _ _ _ - - — _ _ _ _ _ - - - - - - WH17� - CITY GLERK �� PINK - FINANCE COURCII � /j . CANARY - OEPARTMENT GITY OF SAINT PALTL File NO. v � �� BLUE - MAVOR Council Resolution Presented By Referred To Committee: Date Out of Committee By Date .` -2- / f) Combined Sewer Overfl�a Street Improvement Revenue Bonds (Sgecial A�ses�ment Supported) in the aggregate principal a�unt �� Two Million ($2 ,000,000) Dollars . •,.,�::. RESOLVED FURTHER ,.�at��.Y�e Director, Department of Finance and Management Services ..is hereby atxt�orized and directed to initiate action and to comm�nce preparation appropriate documents looking toward the offering and sale of such c tificates and bonds and to report to tMe Council his recommendat ns for the offering and sale of the same no later than December 19, 1985 . \ �,, �,. COUIVCILMEN Requested b Department of: • Yeas p�� Nays � Masanz [n Favor Nicosia Scheibel Sonnen A gainst Tedesco Wilson Form A roved by City Attorney Adopted by Council: Date � Certified Passed by Council Secretary BY j� �z��'� gy, A►pproved by Mavor: Date Approved by Mayor for Submission to Council By BY HOW TO USE THE GREEN SHEET �, . ` The GREEN SHEET has several PURPOSES: 1. to assist in routing documents and in securing required signatures 2. to brief the reviewers of documents on the impacts of approval 3. to help ensure that necessary supporting materials are prepared, and, if required, attached. Providing complete information under the listed headings enables reviewers to make decisians on the documents and eliminates follow-up contacts that may delay execution. The COST/BENEFIT, BUDGETARY AND PERSONNEL IMPACTS heading provides space to explain the cost/benefit aspects of the decision. Costs and benefits related both to City budget (General Fund and/or Special Funds) and to broader financial impacts (cost to users, homeowners or other groups affected by the action) . The personnel impact is a description of change or shift of Full-Time Equivalent (FTE) positions. If a CONTRACT amount is less than $10,000, the Mayor's signature is not required, if the depa.rtment director signs. A contract must always be first signed by the outside agency before routing through City offices. Below is the preferred ROUTING for the five most frec�uent types of documents: CONTRACTS (assumes authorized budget exists) 1. Outside Agency 4. Mayor 2. Initiating Department 5. Finance Director 3. City Attorney 6. Finance Accounting ADMINISTRATIVE ORDER (Budget Revision) ADMINISTRATIVE ORDERS (all others) 1. Activity Manager 1. Initiating Department 2. Department Accountant 2. City Attorney 3. Department Director 3. Director of Management/Mayor 4. Budget Director 4. City Clerk 5. City Clerk 6. Chief Accountant, F&MS COUNCIL RESOLUTION (Amend. Bdgts./Accept. Grants) CQUNCIL RESOLUTION (all others) 1. Department Director 1. Initiating Department 2. Budqet Director 2. City Attorney 3. City Attorney 3. Director of Management/Mayor 4. Director of Management/Mayor 4. City Clerk 5. Chair, Finance, Mngmt. & Personnel Com. 5. City Council 6. City Clerk 7. City Council 8. Chief Accountant, F&MS SUPPORTING MATERIALS. In the ATTACHMENTS section, identify all attachments. If the Green Sheet is well done, no letter of transmittal need be included (unless signing such a letter is one of the requested actions) . Note: If an agreement requires evidence of insurance/co-insurance, .a Certificate of Insurance should be one of the attachments at time of routing. Note: Actions which require City Council Resolutions include: 1. Contractual relationship with another governmental unit. 2. Collective bargaining contracts. ' 3. Purchase, sale or lease of land. 4. Issuance of bonds by City. 5. Eminent domain. 6. Assumption of liability by City, or granting by City of indemnification. 7. Agreements with State or Federal Government under which they are providing funding. 8. Budqet amendments. �, � �5=�1�� CITY OF SgI1TT PgU' �� '"` L � � :,:._,;?� • . ��t =:i'�n OPTB2CE OF THF CITY COII�TGZL �ammitte� Re ar� � � . F:i�ance. l�ana�em.�nt. � p�rsonnel Com�mitt�n. � - 1 . Approval of minutes from meeting held November 26, 1985. �?'PTtO�t� � ` 2. Resoiution amending C.F. 2672! to ailow for the estabiishment or designated pay period at appropriate times to atlow for the payment " of health benefits to occur within a 35-day period set by State Statute. (Personnel ) tLaid over from 11/Z6 meeting) C.�D OV� t►�t.�►� i'�'� 3. Resolution approving 1985-1986 agreement between the City and the Inter- national Association of Machinists and Aerospace Workers AFL-CIO. (Personnel ) (Laid over from Il/26 meeting) ��tpJ�p _ 4. Resolution approving 1985-1987 Maintenanee Labor Agreement between the Independent School District #625 and Electrical Workers, Local 110. (Personnel ) (Laid over from 11/26 meeting) f�QQRpV� 5. Resolution authorizing proper city officials to return fees to owners of Burglar Alarm Systems paid pursuant to Chapter 329 of the Legislative Code. (Laid over from 11/26 meeting) (,Q�D pVE�2 �ND�'IV �'�'3�,�. 6. Resolution authorizing an agreement with the MN Department of Health to provide a Refugee Health Program in Ramsey Co. for October 1 , 1985, �QQRDV�. through September 30, 1987. (Community Services) (Laid over from 11/26) - 7. Resolution amending the budget control system estabiished for special funds to provide• a flexible budget control option for proprietary funds based on projected and actuai fiscai performance. (Finance Dept.) (Laid over from 1 !/26 meeting) �P�V�,p. 8. Resolution authorizing an agreement with Whitacker 8uick and Metro Porsch-Audi , Inc. , for the lease of unmarked Police vehicles. (Police Dept. ) (Laid over from 11/26 meeting) �QQFZpv�. 9. Resolution amending Section I D 2 of the Salary Pian and Rates af Com- pensation Resolution by changin� the rate of pay for the title of Fire Aide II. (Personnel ) �PRpV�9 10. Resolution amending the 1985 budget and adding $27,228� to the Financing Plan and Spending Plan for City Hall Annex operating. (Finance Dept.) �v�. ,; 11 . R�3�tt��t� Pce b�u►i��1 �, ;a - � , ��' �;�,�i4;�d s��i a�hcir#2�rtg;;�'ttte ' D i rect�:;� '1�f��yl 'I�anag�m�'rtt 5erv i ees �w: . ." <# and - do�tiirnertt pr��aratgcei �fgte �c�� bc��.'�'f°`�t tti�g �Ie: . , I2. Resolution amending the 1986 budget by transferring $45,792 from the Police-Technical 8 Support Staff to Finance 8 Management Services - C i tyw i de I nformat i orr Serv i ces. (Po 1 i ce 8 F i nance Dept.)�.Pao QVEi� TIt, 1�` i�1�tT►►�6 �� 14�. 13. Presentation by Greg Haupt on the Citywide Information Services Div. A10 ACT7o.JAJ�GrSS�l�y,