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278666 WMITE - CITY CLERK ��QCC� PINK - FINANCE COUIICII (�VU CANARY ^� DEPARTMENT C I T Y �F S A I N T ��U L BLUE . - MAYOR File N O. F � Cou cil Resolution Presented By �� Referred To Committee: Date Out of Committee By Date CITY COUNCIL RESOLUTION AMENDING THE 1982 CAPITAL IMPROVEMENT BUDGET AND THE FIVE YEAR CAPITAL IMPROVEMENT PROGRAM TO PROVIDE FINANCING FOR THE BLOCK 40 REDEVELOPMENT PROJECT WHEREAS, The Council of the City of Saint Paul , through Council Resolution CF278303 dated February 23, 1982, pledged tax increments derived from the Downtown and Seventh Place Tax Increment District #82 towards debt service on the Special Obligation Tax Increment Revenue Note (Block 40 Redevelopment Project) Series 1982 issued by the HRA; now therefore BE IT RESOLVED, by the Council of the City of Saint Paul , upon recanmendation of the Mayor and advice of the Long Range Capital Improvement Budget Committee, that the 1982 Capital Improvement Budget , as heretofore adopted and previously amended by the Council, is hereby amended as follows: 1982 CAPITAL IMPROVEMENT BUDGET ADD NEW FINANCING Excess ax ncrements - Downtown and Seventh P1ace Tax Increment District #82 $870,000 ADD NEW APPROPRIATIONS Department: Planning and Economic Development Special Obligation Tax Increment Revenue Note (Block 40 Redevelopment Project) - Debt Service $870,000 COUNCILMEN Requestgd by Department of: Yeas Nays Hunt Levine [n Favor Maddox ,�-� McMahon B ��yyJ. �.C�GGn, Showalter - __ A g8i n S t Y Tedesco Wilson Form Approved b City Attorney Adopted by Council: Date Certified Passed by Council Secretary BY By —_ Approved by ;1�layor: Date _ A r ed by ayor for m ston to Council By - — B WHITE - CITY CLERK PINK • - FINANCE (� CANARY - DEPARTMENT C I TY O F SA I NT ��U L COUIICII �( � BLUE � MAYOR File N O. ��`�� • � Council Resolution Presented By Referred To Committee: Date Out of Committee By Date BE IT FURTHER RESOLVED, that the City's five year Capital Improvement Program is hereby amended as follows: ADD NEW FINANCING Excess Tax Increments - Downtown and Seventh P1ace Tax Increment District #82 $4,425,000 ADD NEW APPROPRIATIONS Special Ob igation Tax Increment Revenue Note (Block 40 Redevelopment Project) - Debt Service: 1982 Budget $ 870,000 1983 Recommended Budget 870,000 1984 Proposed 870,000 1985 Proposed 905,000 1986 Proposed 910,000 4,42 ,000 y-��Z �he St. Paul Long-Range Capital Improvem Budge rector Budget Committee received this request on Di rector, Department of Fi nanc� (date)�� f�.,.J9'�Z$nd�ecommen�s nd Management erv i ces�� Signed: COUIVC[LMEN � Request d by Department of: Yeas Nays r �� Hunt Levine �_ [n Favor Maddox � y2�./� �� Mc� __ Against BY — ' �edeseo Wilson MAY � 1 1981 Form Approv y City At rney Adopted by Council: Date — � / Certified s•e Cou cil cret r BY B � _ A by ;Navor. te ' 1 2 19 Ap y Mayor for mis on to�ouncil r By — BY UBLISHE� MAY 2 2 1982� _ . ^ , . f' ,��r��- � ��--�� -��` �i 8�� r o�: i2r��75 .. Rev. : 9/$/T6 Rev. : 5��/8fl EXPLi�+IATIfI�I t1F �+l��tl5"fl�ATIVE t�#iS, Rev.: 413U��31' � R�S�.�?1'�ONS ANlD Q1��1�ANCES Date: ;' 4/2/82 � � : T0: GR ,� , MAYOR LATTMER fPlease route) � F�k4.: Stev� Thompson�'"" ��; Resolution Amending 1982 Capital Impravement Budget and �`ive Year Program (61ock 40� . �act�o� �c�sT�o: RE��°��'� � � Signature APR 5 �982 _ REC�VED �. MA�F�RS Q�FICE AP�13 '� OfFlCE OF THE DIRE�7'4R ��„�,�A�'�,,,,�lAL� FQR THIS AACtItNV t DEP�►RTMEWT 0� FtNA�B r �MA�+lIkiGEMENT<Si�� = ' �lt�r�3s 1�8Z Capi�al Budget and Five �fear G�pi�al imprei�emer�t Pros�ram ta pravide `" . . �f�r��i��g,af p€�b3ic i�pro.vements on B1ock 4(� t'�►m 5even�h �lace tax i��reme�ts per . t�e ��t.�� bl�q�tit�r�, Tax Increment Revent�e IVote is�ued by HRA in February, 19 . �� !'�A�'� � , � � JS . : . � � ,rr►� � �c�� ,� , � ;� ,� . � � �� =. �'� �.� � � �� . . � . �;: ��. ��r. � �P'� �. - €xp$r��ftc�re of $4,3�5,000 over five years (1982 - 1986) from Seventh P1ace .T�x w Incra�nerrts. � . E� Tax It�E'r�nts generated from Block 4U development will ' recaptu�e this amount b�r i��. ,� - S�cured �4.8 million B1ock 40 UDAG. It1T��l�Ft�Nl'S: Resolution � ' '� ; � •.<_ �. CX'I'� flF S�e�.�:?��.� �..�.YT� ��r�`��;;: , • ' oFFxeL o: ��z: c��rx co��c��. 2��6�� `...�� `�'�R_�t, t t- •i �;.��';_: .: i':7 . ti"� .�`., s,y , �..� �� '` `.�;� . - � Do�te . May 6, 1982 � �:�� ,��.�-_:,� � � �e"i !�lli � �� `i � t� � � �� , . ._ -�- p : Sain� Pou� Gifi� Cou��^�� `= . . �� O j� � C�3 Tl�i'�i�� O I'3 , FINAI�?CE, I�IANAGII�IENT. � PERSONNEL� • -,, - George•McMahon : � ' ; eAoifman, �nc��ces �'he fet to.^�ing - - � - ' repart ' r�n 'C..F. : . - [� Ordinance . • �. (8) � Resotv�ion . • - . , . � O.h et' . ' .• ' �" iiL� : . � . � . � -- . � . . . � At its meeting of May 6, 1982, the Finance Commi•ttee recommended�approval of the _.._..�. -fQllowing:__ . ._ . . :_ � _ l. Resolution ainending 1982 General Eund Budge� to provide for leasehold�improve- ments for new West Sector Police office. � .. . - . � 2. Resolution amending .1�82 Gapital Improvement Budget and Five Year�Capital � _ Improvement'Progxam •to provide financing of public improvements on Block 40 : � � from Sevent�l Place. �tax increments. (12900-GM) - - - - - .. ' . • . . • "_ 1 _ 3. .Resolution approving Block 40 inclusion i.n Severith Place District. (12930-(� . ! � 4. Resolution autharizing� city�to execute purchase agreement and�make payment � - - ' to Haines Tree Se�viee for purchase of property for expansion of Fire � Station #7. • � • _ _ 5. Resolution approving.1982 salary transfers. ' - . �' � 6. Resoluzion establishing •title and class specification for F�re Training � ' " , Assistant. (12906-Q�I) . � � - 7. Resolution establishing title and class specification for Nurse Practitioner- � Obstetrics and Gynecology. (12885-GM) 8. Resolution changing grade of Purchasing Agent from its present Grade 25 to Grade 27 and replacing current class specification �aith revised speci.fication. (12909-GM) � . - :'[f�' iL1i.L SE�'EChTH FJ.O'J:2 S:�I�? PA'JL, tifi��ESOT1 S�tt?=