84-1449 WHITE - C�TV CLERK
PINK - FINANCE G I TY O F SA I NT PA U L Council
CANARV - DEPARTMENT
BLUE - MAVOR File �0. � ^/� �
�
Council Resolution
Presented By
Referred To Committee: Date
Out of Committee By Date
WHEREAS, the City o£ Sa�nt Paul 3.s commi.tted to the development o� a Woxld Txade
Center, and
k'HER�AS, the C:Cty of Saint Pau1 desires to amend �,ts Community Development B1ock
Grant Xeax' X �xogram fox the purpose of provatd�ng �.ntex3.m ass�.stance to the Woxld Trade
Center project; and
WHEREAS, a publlc hearing was held on the adda.tzon of the Wor1d Trade Center Pxoject
to the Community Development Block Grant Xeax X Program on September 18, 1984;
NQW, THERE�O�tE, SE TT
RESOLVED, that upon the xecommendation of the Mayoz, the Council of the City of
Saint Pau�, does hereby approve the add�,t�.on of the World Trade Centex Project to the
City's Commun�ty Development B1ock Gxant Xear X Pa:ogxam; and be it
FURTHER RESOLVED, that the amount of i.nterim ass�.stance to the Wor�.d Trade Center
Project be u� to 4.5 mill�,on, to be xepaid to the C�ty's Community Development Block
Grant Pxogxam; and be �.t
FINALLY RESOLVED, that the Mayor or his desi.gnated xepxesentative, the Deputy Dir--
ectox' of Communi,ty Development, �,s hereby authox�.zed and d�rected to submi.t the Coznznunity
Development Block Grant Yeax X Wor1d Trade Center amendment to the U.S. Department of
Housing and U�ban Development in such fox�m as prescri,bed by the regulations of said
depaxtment.
�PRO'VEU AS TO FUNA�NG: APPROVED:
„r Peter Hames, Director Gr gory le
��Dept. of Finance & Management Serv�ces Budget Director
COUNCILMEN Requested by Department of:
Yeas �ef���N�s
Drew [n Favor
Masanz
NiCOSia �
Scheibel � __ Against Y '
7edesco
Wilson
OCT 2 5 1984 Form Approved by City tor
Adopted by Council: Date
Certified Pas e uncil e BY �
gy,
Approve y Mav r: a �V �"'J - a"pCT �6 �lppro Mayor for Submi 'o t�Council
_ _ sY
��BLl�HE� ���`�� ;° 1984
E � P RTt,1ENT :. . _.� ��y—/�/�/9
DE A
r'�c�� �aNlww«cZ___rONfiACT
'7!4 g T�x�_ 211 PHONE v
DATE ���� �r �
. (Routing and f�lanation Sheet)
Assign Number for Routing Order (Clip All Locations for Mayoral Signature):
partment Di rector .
,z ity Attorney
Director of Management/Mayor .
Finance and Management Services Director
� City Clerk
Bud r ���
�
What Will be Achieved by Taking Action on the Attached Materials? (Purpose/Rationale):
"T�FE �riThGHE� RESC1..�lTloN WtLI. A�IJ T(�E �'I.S MI��.IS�N
�aR1.D TRAO£ I W'T�1M �11JP.IJGIIJ� PRbJE�T TO THE G l'r(S
Go��c�v�r� 4�EUE�.oPM� 3��,K Gr�a�r Y�R � PR�aa�.
Financial , 6udgetary and Personnel In�acts MticiQated:
PRo��GT wou�o ptflo 4.S Mt�4�oN to -rtkE GD�,�o �'CR�
�INAcA)GIIJ� �- SPe1JD11J� P�-AIJ
Funding Source and Fund Acttvity Number Charged or Credited:
Attachments (List and Nwnber all Attachments) : �
�. C O u�G I lr �ESOLUITIOH
�. PRQ.�6LT Su�ttR`( Sti E ET S. _
DEPARTIMENT REV I EW C I TY ATTORN�Y REY I Eld
Yes No Council Resolution Required? Resolution Required? � Yes No
Yes nsuranc u ed? Insurance Sufficient? �i Yes No
es No ance Atta hed?
Revision of October, 1982
{SPe RPVP1"CP SidP for 'Instructions)
' . C�� �'y- i�y9
CI7Y QF Sf'�Ii�l Ff�Ui_y t�I�l�IESOTA
COMMU�lITY DEUELOF'�1Ei�T £�LOCK GFSA�lT YEAF� X PftDGFtt'1t�
F'fiOJECT 7ITLE: WOf;LIt Tf;RI�E GEN7Ef; IN�fEf;I�i FINA�tCING
F'��OJ�CT iVU�iEtEFt i 10/;t7 -
E�lVIftON« STRTUS: REVIEW CD�iP�ETEI�
�-IUIt OE�JcC7IV.�.Y ELIAfIfidATTON D�' SI.UMS AiVI� BLIGHT�I� AfiEA
F'F;OJECT �f1�lRGEF;2 riF; JF`��fE.�i D'LEf4RY
F�'HONE �lU�fE�ER: 01: — 2S2 — 1577
CE�tSUS TI'�i�qCT i 5? « 34�
Cp I�ISI'RICT(S) : 17
WAkI�t S) : i
f'ROJECT 5U�f�•iF�l';Y: TF�E WDf;LI+ TRF�IiE GENTEF; WILI_ f�E IiEVELDf'EI� IN R I�ESIGtJATEI�
REVITILTZRTItIiV ,'1FcER OF I�OWNTOW�t 5T PAUL. T��E FftO,lECT
WILL CD�t5I87 q� A LC)f1�t TQ HE' REFAII� TO THE CI�NG YE'RR X
F�DGFSAiN, WITH �XP:�lI�ITUF+�5 L�iV CLIGIL{LE r'�CTIVITIE5
ftS STATEIt I�I 24 C�fi �10.�03.
�i�l7IGIF'P�Tk:I�
P�CCOiMPLISfi�iE�lT�: CDNSTkUGTID� QF' A WORLI� TftATiC CENTE:R E+Y 1�/85.
F'kUJEGI FIt�F�NGI�lG:
CLiI�G DTHE�;
11UI� LI�IE TTEM L/�1 OT�iEk �9MqU�l7 S�URGE
13. SPECIP�L. ECO�1Q�fIG
IiEVC:LQf'1�Et�T �4,�OO,QQ4.OA 9; MILLIO�i F�I�Ef;P�L,
,�C7IVIT:f:S LDC�'�L, 8
�'FtIVATE
TDT�`�L5 �O.Op �4'iqqr000.00 �i� MI�LION
f'AGE 01�
� � � � � . � � � � � �y—i�y9
. , , . a
COI�9UNITY DEVELOPMENT BLOCK GRANT PROGR@M
WORLD TRADE CENTER INTERIM FINANCING PROJECT
The rules and regulations governing the use and expenditure of
Community Development Block Grant Punds provide a financing
mechanism to entitlement cities called a ' CDBG Float'. Under this
mechanism, cities may borrow against the committed, but as yet,
unexpended portion of its CDBG entitlement. Since most cities
require more time to complete complex and long term pro3ects, this
balance of Punds may be used in the interim for projects whieh are
more urgent.
In order for cities to participate in a CDBG float, current reg-
ulatiuons require the city to amend its Current CDBG Year Program.
An additional pro�ect is added, and the amount of the project is
also shown as increased revenue, or program income. This program
ineome must be returned to the CDBG program before it is needed
for the completion of the outstanding commitments.
Several conditions must be met in order for a eity to use a CDBG
flpat. These are:
1. The projeet for whieh financing is proposed must be both
and eligible aetivity, and fundable under the current
guidelines.
2. No previously approved projeet or program funded
with CDBG monies may be postponed or delayed
because of the use of funds for the new pro3ect.
The World Trade Center project meets the above eriteria, and will
provide the City of Saint Paul with neeeded interim financing.
Funds used for this projeet will be repayed to the CDBG program,
and will be used to complete remaining uneompleted projects.
Community Development Division staff has completed a cash flow oP
the City's CDBG program, and has found that interim finaneing for
this projeet is feasible. Staff will eontinue to monitor the
cash flow of the program to insure that all pro�eets continue
to be completed in a timely and efficient manner.
�, ` I ..,t`r,-� , ' -_' :.'_i: :i �.�j' /�1��lti�`J.' Jl.��11 U J� ��f`/�
: � C��. � , � �'y�
f;_;����- '�:5�.�,1 ���'�'} • �TJ I,x�.Jl�i G71� ���Z".Xr�: ���J�Y �i��l�CxX�
r�,�, s:::,::;:.;:��:.,::� t�,:� .
�,;;�'° .� /?/ � � D d t e ; October 18, 1984
't .;°—..,R._,�:
=�:':=r , ��
COiV1MfT"7' � E � � PO � ^r�
T'0 = Sqrn� Pau J Ci�y Co �� c� ci !
F R O M = C O j`f(1 CITI I��� C Q n FINANCE, MANAGEMENT F� PERSONNEL �
C H A I R James Scheibel
1. Approval of minutes from meeting held October 11, 1984. ffPP�V�.D
2. Resolution amending the 1984 budget by adding $42,419 to the Financing
Plan and Spending plan for PED Operations Fund. (PED) �P`PRfJVF� °'
3. Resolution amending the 1984 budget by adding $15,000 to the Financin
Plan and Spending Plan for Park Reforestation. (Community Services���
4. Resolution amending the 1984 budget by adding $12,720 to the Financing ��p��;
Plan and Spending Plan for PED Operations Fund - Heritage Preservation. (PED) "
S. Ordinance amending Chapters 3, 9 and 12 of the City Charter pertaining to
personnel reform. (.A�A OJ�j � t,l)�E.�(,.
6. Resolution amending the 1984 budget by transferring $17,980 from Contingent
Reserve to General Govt. Accounts - Municipal Memberships to provide membership
to Public Technology, Inc. (Executive Administration) AS'PPRQVt'c,a
7. Resolution amending the 1984 budget by adding $148,052 to the Financing Plan
and Spending Plan for Community Health Administration/Public Health. (Comm. Services)
C.M D O VF.+� i t,c)EP,�C..
8. Resolution amending the 1984 budget by transferring $2,000 from Contingent
Reserve to Exec. Administration General Govt. Accounts for er diem payments
to the CIB Committee members. (Executive Administration) �R�pt/�,p
9. Resolution amending the 1984 budget by transferring $6,000 from Con inge-n_t
Reserve to City Clerk - Registration and Elections. (City Clerk) �(P�V�D
10. Resolution amending the 1984 Budget by transferring $3,500 from Contin�ent ����
Reserve to General f;Qyt 4c�,0unts - CH/CH Building MtcP..(Executive Administration
11. Resolution from Civil Service Commission relative to promotion rule.
W�Ttt'DRPtW'� t3y ANl�{otZ.
NOT ON PREPARED AGENDA:
/"'-��,w Resolutin� adding $4.5 million World Trade Interm Financing Project to the City's
ommunity Development Block Grant Year X Program. �f.1C.��tS "A �3�.- tA��L� •
� � , �Rfi N[Rt�D/�'�'►p�tJ,
C1TY HALL S�VFNTFI FLOOI: , , , ,
SAINT PAUL, Ai1�I�FSUT.� SSIO_
•�,?�•.��