276756 WHITE - CiTY CLERK (�'�w��
PINK - FINANCE COUIICII � � /
CANARY - DEPARTM6N --- G I T Y O F S A I N T PA U L h'� 0 s
BLUE - MAYOR File N O.
o cil Resolution
Presented By �
Referred To Committee: Date
Out of Committee By Date
WHEREAS, the City of St. Paul entered into a management agreement
with Oxford Properties dated August 13, 1980 for the operations and
maintenance of ToGm Square Park, and
WHEREAS, Paragraph 213 (iii) of the management agreement between
Lze City and Oxford requires all budget amendments be approved by the
Ci�y for costs in excess of budget; and
WHEREAS, operational costs have now leveled out after the start-up
period and numerous cost savings steps have been effectuated to reduce
the necessary funds needed from $393,600.00 for the year to $377,095.00
for the year; _ and
WHEREAS, the new lst year budget relating to operations and
maintenance of $377,095 is still in excess of the original budget
of $331,692 by $45,403.
THEREFORE, be it resolved, that the City of St. Paul does hereby
authorize Oxford and City staff to effectuate the necessary budget
changes and does hereby authorize a lst year budget level of $377,095
for operations and maintenance of Town Square Fark; and
BE IT FURTHER RESOLVED, that the City staff should continue to
investigate additional savings actions so as to minimize the usage
of the addition�.l funds necessary.
COUNCILMEN
Yeas Nays Requestgd by Department of:
Hunt
Levine [n Favor
Maddox
nn�nnano� _ A ainst Y
snowa�ter - - g
Tedesco
Wilson ����
APR 2 8 Form Approved by City Att
Adopted by Council: Date
J�D"�/
Certified •s-ed by Cou .� S a
By
APR ``
Approv y :4tayor: Da e _ � Approv by Mayor for u is ion to Council
By By
PUBLiSNED MAY 91981