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277044 WNITE - CITY CLERK ,� PINK �: FINANCE G I TY O F SA I NT PA iT L Council ���'�� CANAR • DEPARTMENT BLYE - MAYOR File N O. City Attny/JTH � / p� / Ordin�znce Ordinance N 0. � �P O �/ Presented By Referred To Committee: Date Out of Committee By Date -2- powers granted to the City of Saint Paul under Laws of Minnesota, 1981, Chapter 334 , Section 7, Subdivision 2, and to the Port Authority of the City of Saint Paul under any other law for the purpose of financing all or any portion of the district heating system to be located in Saint Paul Energy Park, including, but without limitation, the payment of interest during construction and for a reasonable time thereafter and the establishment of reserves for bond payment and for working capital. SECTION 3 The Housing and RedevelQpment Authority of the City of Saint Paul, Minnesota and the Port Authority of the City of Saint Paul are hereby authorized pursuant to Laws of Minnesota 1981, Chapter 334, Section 7, Subdivision 3, to exercise any and all of the powers granted to the City of Saint Paul under Laws of Minnesota 1981, Chapter 334, Section 7 , Subdivision 2 and to said Authorities under any other law for the purpose of financing all or any portion of any conversion facilities for modifying the user ' s heating or water system to use the heat energy converted from the steam or hot water furnished by any district heating system lo- cated within the City of Saint Paul, including, but without limitation, the payment of interest during construction and for a reasonable time thereafter and the establishment of reserves for bond payment and for working capital. SECTTON 4 This Ordinance shall take effect and be in force thirty (30) days from and after its passage, approval and publication. COUNCILMEN Yeas Nays Requested by Department of: Hunt � Levine In Favor Maddox McMahon �a� � Against BY Tedesco iNilseri. Adopted by Council: Date JUL 14 1981 Form Approved by City Attorne Certified a s d by Coun ' ecr ry By - r By Approved by Mayor: Da e JUL Approv by Mayor for Submission to Council By BY PUBLISHED JUL 2 51981 WMITE - CITY CLERK n PINK - FINANCE COt1I1C11 � � BLy�ERY -� MAYORMENT GITY OF SAINT PAUL �.`�`�* File N 0. City Attny/JTH . � Ordin�cnce ord�nan�e No. 1� ��_ Presented By Referred To Committee: Date Out of Committee By Date AN ORDINANCE ADOPTED PURSUANT TO LAWS OF MINNESOTA, 1981, CHAPTER 334, SECTION 7, SUBDIVIS20N 3, AUTHOR2Z2NG THE HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF SATNT PAUL, MINNE50TA, AND THE PORT AUTHORITY OF THE CITY OF SATNT PAUL TO EXERCISE CERTAIN DTSTRICT HEATING FINANCING POWERS ON BEHALF OF THE CITY THE COUNCIL OF THE CITY OF SASNT PAUL DOE5 ORDAIN: SECTION 1 The Housing and Redevelopment Authority of the City of Saint Paul, Minnesota, is hereby authorized pursuant to Laws of Minnesota, 1981, Chapter 334, Section 7, Subdivision 3, to exercise any and all of the powers granted to the City of Saint Paul under Laws of Minnesota 1981, Chapter 334, Section 7 , Subdivision 2, and to the Housing and Redevelopment Authority of the City of 5aint Paul, Minnesota, under any other law for the purpose of financing all or any portion of the district heating system for the Saint Paul District HEating Development Company Incorporated, including, but without limitation, the payment of interest during construction and for a reasonable time thereafter and the establishment of reserves for bond payment and for working capital. SECTION 2 The Port Authority of the City of Saint Paul is hereby authorized pursuant to Laws of Minnesota, 1981, Chapter 334, Section 7 , Subdivision 3, to exercise any and all of the COUNCILMEN Yeas Nays Requested by Department of: Hunt Levine (q FaVOt Maddox McMahon Showalter Against BY Tedesco Wilson Adopted by Council: Date Form Approved by City Attorn Certified Passed by Council Secretary BY ' " By Approved by Mayor: Date Appro ed by Mayor for Submission to Council gy By WHITE - CITY CLERK /� .r� PINK - FINANCE COI111C11 ' J /� /� �� CANARY - DEPARTMENT G I TY O F SA I N T PA U L BLUE - MAYOR File N O. G%'� � v City Attny/JTH • r�ZI ZGLI ZCP. Ordinance N O. Presented By Refe d To Committee: Date Out of C mittee By Date .`\ `� Amendment to proposed Ordinance authorizing F3ousing and Redevelopment Authority and Port A�t�thority to exercise certain District Heating fin ncing powers on behalf of the City pursuant to C pter 334, Laws 1981 Delete Sectio 3 and substitute therefore the following: SECTION 3 The Housing and Re velopment Authority of the City of Saint Paul, Minnesota and he Port Authority of the City of Saint Paul are hereby autho ized pursuant to Laws of Minnesota 1981, Chapter 334, Sec ion 7, Subdivision 3, to exercise any and all of the powers g anted to the City of Saint Paul under Laws of Minnesota �981, Chapter 334, Section 7, Subdivision 2 and to said �,uthorities under any other law for the purpose of financin� all or any portion of any conversion faeilities for mo23ifying the user ' s heating or water system to use the heat �nergy converted from the steam or hot water furnished by any c�i' strict heating system lo- cated within the City of Saint ��ul, including, but without limitation, the payment of interert during construction and for a reasonable time thereafter al�d the establishment of reserves for bond payment and for w�rking capital. \ \ COUNCILMEN Yeas Nays Requested by Department of: Hunt Levine In Favor Maddox McMaho� Showalter A gai nst BY Tedesco w�son Adopted by Council: Date Form Approv City Attorne Certified Passed by Council Secretary BY � By `� Approved by Mayor: Date Approv ayor for Sub 'ss' Council , gy By