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277269 WHITE - CITY CLERK PIK'� - FINANCE CANARY - DEPARTMENT G I TY O F SA I NT ��u L COUflC1I . �/� � � BLUE - MAYOR File N O. City Attny/SDM • . . Co cil Resolution Presented By Referred To Committee: Date Out of Committee By Date RESOLUTION REQUESTING HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF SAINT PAUL, MINNESOTA, TO ADVANCE $75,000 FROM ITS TAX LEVY FUND TO THE CITY OF SAINT PAUL FOR THE PURPOSE OF COVER2NG COST OF DEMOLITION OF THE MASONIC TEMPLE BUILDING WHEREAS, the City and the HRA entered into a contract dated February 8, 1973, for the acquisition and demolition of the old Masonic Temple Building in order to provide the necessary right- ' of-way for the proposed I-94 connectors; and WHEREAS, the City and the HRA entered into an Agreement to modify the above mentioned Contract dated October 31, 1974, which Agreement deleted from the Contract all obligations of the HRA for the demolition or removal of the building from the premises; jand WHEREAS, on May 27, 1981, a fire destroyed a portion of the , Masonic Temple Building; and WHEREAS, for safety and future development reasons, it is desired by City officials to demolish the remainder of the Masoni}c Temple structure; and WHEREAS, it is anticipated that this remaining demolition w�ll cost a maximum $75, 000; and WHEREAS, the City does not currently have available undesigr�ated funds which can be used for such a purpose. COU[VCILMEN Requestgd by Depa�tment of: '; Yeas Nays Hunt ' Levine In Favoc Maddox McMahon B Showalter __ Against Y Tedesco Wilson Form Approve by City Attorney Adopted by Council: Date — CertifiE:d Passed by Council Secretary BY BY -- Approved by .Vlayor: Date _ Approved by Mayor for Submission to Council BY _ _ _ By I ; WHITE - CITY CLERK � PINFP - FINANCE n CANARY - DEPARTMENT G I T Y O F S A I N T 1 �U L COUIICII BLUE � MAYOR � F1I@ N O. �d�� Council Resolution Presented By Referred To Committee: Date Out of Committee By Date —2— RESOLVED, that the City requests the transfer by the HRA of up to $75,000 from the HRA tax levy fund for said demolition; and be it FURTHER RESOLVED, that the gross revenue �rom the sale of the Masonic Temple property by the City for highway and/or development purposes shall be used to reimburse the HRA tax levy fund for sums as are actually transferred; provided that the City is not obligated to reimburse the tax levy fund in the event gross revenues from sale or other use of the property are insufficient to repay such transferred amounts; and further provided, that any revenues or proceeds remaining after repay- ment of such funds actually transferred shall be treated as net proceeds subject to Section 13 .04 of the Charter. COUIVCILME[�1 Requestgd by De artment of: Yeas Nays Hunt Levine In Favor Na�dax- McMahon � B Showalter __ Against Y Tedesco .YYi1seR AUG � 1 1981 Form Approve Ci .i tt Adopted by C ouncil: Date \ CertifiE:d as• d by Council Secre y BY L�`��1��—" ' i •_ Appro by 1�lavor: Dat AUG � 7 ��) App by Mayor for Su ssi to Council By - — B . - � PUBUSHED AU G 2 2 i98i � ���� RESOLUTION NO. 81-8/13- RESOLUTION AUTHORIZING AN ADDITION TO THE 1981 HRA TAX LEVY FUND BUDGET FOR THE COST OF THE DEMOLITION OF THE MASONIC TEMPLE AND PROVIDING THE ACCOUNTING FOR THE RETURN OF MASONIC TEMPLE PROPERTY SALES PROCEEDS WHEREAS, on May 27 , 1981, a fire destroyed a portion of the City of Saint Paul (City) property known as the Masonic Temple. Emergency demolition work has been completed because of th.e hazardous conditions; and WHEREAS, the City has requested the HRA to advance the sum of $75, 000 to pay for the remainder of demolition, which sum will be repaid to the HRA from the gross sale proceeds of the land by the City for highway and redevelopment purposes; and WHEREAS, the Executive Director of the HRA does hereby certify that there is available for appropriation an adequate fund balance in the HRA Tax Levy Fund; and WHEREAS, the Executive Director of the HRA recommends that - the following additions be made to the 1981 HRA Tax Levy Fund Budget: Financing Summary: HRA Tax Levy Fund - Unreserved, Undesignated Fund Balance $75, 000 Appropriation Summary: HRA Tax Levy Fund - � Masonic Temple Demolition $75, 000 NOW, THEREFORE, BE IT RESOLVED by the Housing and Redevelopm�nt Authority of the City of Saint Paul , Minnesota, as follows: 1) The Executive Director's recommendation is accepted and the above addition to the 1981 HRA Tax Levy Fund Budget is adopted. - 2) The gross sales proceeds resulting from any future sale of the parcel upon which the Masonic Temple stands up to the amount actually advanced to the City for demolition will be deposited directly to the HRA Tax Levy Fund. Any sale amounts remaining after the repayment of actual demolition costs advanced by the HRA are to be treated as net proceeds subject to City Charter provisions . ���?�� RESOLUTION NO. 81-8/13- RESOLUTION AUTHORIZING AN ADDITION TO THE 1981 HRA TAX LEVY FUND BUDGET FOR THE COST OF THE DEMOLITION OF THE MASONIC TEMPLE AND PROVIDING THE ACCOUNTING FOR THE RETURN OF MASONIC TEMPLE PROPERTY SALES PROCEEDS WHEREAS, on May 27, 1981, a fire destroyed a portion of the City of Saint Paul (City) property known as the Masonic Temple. Emergency demolition work has been completed because of the hazardous conditions; and WHEREAS, the City has requested the HRA to advance the sum of $75, 000 to pay for the remainder of demolition, which sum will be repaid to the HRA from the gross sale proceeds of the land by the City for highway and redevelopment purposes; and WHEREAS, the Executive Director of the HRA does hereby certify that there is available for appropriation an adequate fund balance in the HRA Tax Levy Fund; and WHEREAS, the Executive Director of the HR.A recommends that the following additions be made to the 1981 HRA Tax Levy Fund Budget: , Financing Summary: HRA Tax Levy Fund - ! Unreserved, Undesignated Fund Balance $75,000 Appropriation Summary: HRA Tax Levy Fund - Masonic Temple Demolition $75,000 NOW, THEREFORE, BE IT RESOLVED by the Housing and Redevelopment Authority of the City of Saint Paul, Minnesota, as follows: 1) The Executive Director's recommendation is accepted and the above addition to the 1981 HRA Tax Levy Fund Budget is adopted. - 2) The gross sales proceeds resulting from any future sale of the parcel upon which the Masonic Temple stands up to the amount actually advanced to the City for demolition will be deposited directly to the HRA Tax Levy Fund. Any sale amounts remaining after the repayment of actual demolition costs advanced by the HRA are to be treated as net proceeds subject to City Charter provisions.