280553 M/HITE - C�TY CLERK ��� ���
BLUE - M�oR E GITY OF SAINT PAUL Council ♦ �
CANARV - DEPARTMENT !
,
File N 0. �"' ° " '
Co cil Resolution
Presented By �
Referred T� ����'^�L C �`r� b�3
� Committee: Date
Out of Committee By Date
WHEREAS, the Mayor pursuant to Section 10.07. 1 of the Charter of the
City of Saint Paul does certify there is available for appropriation total
revenue in excess of those estimated in the 1983 Budget; and
WHEREAS, the Mayor recommends that the following additions be made
to the 1983 Budget:
Financing Summary:
Cash Flow Borrowing Debt Service Fund
Interest Earnings $1 773
�
Appropriation Summary:
General Fund Cash Flow Borrowing
89200-219-000 (Tax Anticipation
Sale Expenses) 1,773
Now, therefore, be it
RESOLVED, that the Council of the City of Saint Paul accepts the Mayor's
recoumnendation and adopts the above additions to the 1983 Budget.
Approved as to Funding: Approved:
Director Budget Dir t
Department of Finance & na emen�
Services �
COUIVCILMEN Requested by Department of:
Yeas Nays
Fietcner Finance and Management Services
Galles In Favor
Masan:
Nicosfa
schetbe� �__ Against BY
Tedesco
Wilson
,�H 3 p 1983 Form Approved by City torn
Adopted by Council: Date
Certified Pa se y o ncil Se ry BY �
gS, �/S'. c r= /�C�'�
Appr b �Vlavor: Date �l � �953 Approved b for Sub ission to ouncil
�1/�l.
B __� gy l/
: ��
PUBUS�iED J U L 9 1983
2���5`�
Finance - Treasury 'DEPARTI•1ENTi ,
Gary Norstrem �ONTACT
7016 PHONE ree� ��
.7une 2, 1983 DATE
(Routing and Explanation Sheet)
Assign Number for Routing Order (Clip All Locations for =Mayoral Signature):
partment Di rector
4 ity Attorney
Di rector of Management/Mayor _ RECEIVED
2 ✓ Finance and Management Services Director --
6 Ci ty Cl erk dUN — 3����
3 et Di rector OFFICE OF THE DIfZECTOR
DEPARTMENT OF FINANCE
1 � Chief Accountant AND MANAGENiENt SERVICES
. What Will be Achieved by Taking Action on the Attached Materials? (Purpose/Rationale):
The expenses for the 1983 Tax Anticipation Certificate Sale exceeded the budgeted
amount by $1,773. $32,000 was budgeted and the expenses were $33,773.OQ. The
interest earnings from the 1982 Tax Anticipation Certificate Sale exceeded debt
service by $700,000. The additional $1,773 will be provided by these excess
interest earnings.
Financial , Budgetary and Personnel Impacts Anticipated:
NONE. This fund balance can only be used for activities related to the Tax
Anticipation Certificates.
Funding Source and Fund Activity Number Charged or Creditcd:_
See Resolution. �
Attachments (List and N�r all Attachments) :
Proposed Council Resolution.
DEPARTMENT REVIEW CITY ATTORNEY REVIEW
Yes No Council Resolutton Required? Resolution Required? � Yes No
Yes No Insurance Required? Insurance Sufficient? � Yes No
Yes No Insurance Attached?
Revision of October, 1982 ,
(See Reverse Side for tnstructions)
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�t•�l�` ,a`_`i°, . , /� � � D�,! 1 e • Ji.me 22, 1983
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�� O M = C O C�l T�1 IT��e O h FINANCE, MANAGEi�4ENT F, PERSONNEL
" � � . C H A i R James Scheibel
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1. Approval of minutes from meeting held June 1G, I983. �y�^0{����
2. Resolution authorizing the,�City to apply to HUD for sup lemental FY 1983 .
=. � CDBG Year IX funds. (Community Development) .
��
3. Itesolutiqn authorizing the submission of an application to ED:1 for additional
funding for Energy Park. (Community Development):r��j�dj,�(,�---��
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4. fiesolution appro��ing the issuance of tax exempt re��enue bonds to finance acquisi-
--�- � tion and remodeling of the }iampden Buildin�;. (Port Aut�iority) ,��j13U�(��;-��
5. Resolution approving the issuance of re�Tenue bonds to finance constriiction, of.
�t maintenance facility for Central h'arehouse Company. (Port Rutliority�'"�j�y'(�'���
- � .
6. Resolution approving t}ie issuance of revenue bonds to finance constrUCtion -
of an office/distribution center.for Crescent Electric Supply Co. (Port Authorit �)
;�{�prc�C� -�-�
7. Resolution approviiig additions to the 1983 Budget to take care of eapenses �
incuri'ed fox the 1953 Tax Anticipation Certificate Sale. (Finance llept:)���^�'� ,z-i
S. Resolution approving additions to the 1953 Budget for disbursement of funds
from the Debt Service Account. (Finance Dept.��Af�(,���r�.� .
9. Resolution approving securities pleclged by Com�r�ercial State Rank. Finance Dept.)
�pr���=�z�-
C1T�' }iALL SEVENTH FLOOl: SAII�T PAUL. �1I�\ESOTA SS102
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