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276121 WH� E ' � - CITY CLERK P ' s �# p' q PiN� � - FINANCE � �� 7 �+! C`ANARY = DEPARTMENT . G I T Y O F SA I N T PA LT L COUIICII jrr,�� BLUE - MAYOR . FIIe N O. Council Resolution pa e , of 2 t 9 Presented B Referred To Committee: Date Out of Committee By Date WHEREAS, The City of Saint Paul sold $2,0,65,000 in general obligation bonds for the Park Nursery Development Tax Increment Project on December 12, 1978, and WiiEREAS, Council File No. 272207 accepted the bid and irrevocably pledged the full faith, credit and taxing powers of the city; but did not certify to the County Auditor annual tax levies for principal and interest payments because tax increment collections were projected to be sufficient to meet annual debt service requirements, and WHEREAS, Current tax increment collections, capitalized interest and interest earnings are still projected to be sufficient to meet annual debt service requirements, and WHEREAS, the City's standard accounting practice for all general obligation bond issues is to have annual debt service levies certified to the Ramsey County Auditor, regardless of the source of funds used to finance the annual debt service; NOW THEREFORE BE IT RESOLVED by the Council of the City of Saint Paul for purposes of consistent and historical record keeping that the following annual tax levies be certified to the Ramsey County Auditor for the Park Nursery Tax Increment General Obligation Bond Issue, known as the "G. 0. Development Bonds of 1979, Series B": Principal & Interest 5% Over Total Levy in October of Amount Le_�_ Levy 1978 $120,878.90 6,043.95 126,922.85 1979 111 ,580.00 5,579.00 117,159.00 1980 111 ,580.00 5,579.00 117,159.00 1981 221 ,580.00 11 ,079.00 232,659.00 1982 235,805.00 11 ,790.25 247,595.25 1983 248,980.00 12,449.00 261 ,429.00 1984 241 ,105.00 12,055.25 253,160.25 1985 243,230.00 12,161 .50 255,391 .50 1986 234,830.00 11 ,741 .50 246,571 .50 COUNCILMEIV Requestgd by Department of: Yeas Nays Hunt F�Lna e & ement Services �evine In Favor Nladdox McMahon B Showaiter Against T�� Director wlson Form Approved by City Attorney Adopted by Council: Date Certified Passed by Council Sectetary BY By Approved by Mayor: Date _ Approved by Mayor for Submission to Council By - BY WM:TE - CITY CLERK � � D � ^(� PINK �ti'� FINANCE . �,�� �1 CANARY - DEPARTMENT G I T Y O F S A I N T ��U L COUIICII �r p{.UE � MAYOR F1Ie N O. Council Resolution Page 2 of 2 Presented By Referred To Committee: Date Out of Committee By Date P & I 5� Over Total Amount �Lev� Levy 1987 241 ,350.00 ���7-.�-0 253,�0 1988 246,900.00 12,345.00 259,245.00 1989 246,640,00 12,332.00 258,972.00 1990 235,640.00 11 ,782.00 247,422.00 1991 244,640.00 12,232.00 256,872.00 1992 232,320.00 11 ,616.00 243,936.00 Total $3,217,058.90� 160,852.95 3,377,911 .859�� AND BE IT FURTHER RESOLVED that all other conditions and provisions of Council File No. 272207 remain as previously adopted. �� COUNCILMEN Requestgd by Department of: Yeas Nays Hunt � � F ce & emeat Services Levine In Favo[ Maddox d � McMahon B Showalter __ AgalnSt — ec or Tedesco Wilson DEC 2 3 1980 Form Approve City Att ney Adopted b ouncil: Date — � Cert ed VasSe y ounc.il Seqret BY � Appr by 1�layor. a ' DEC 2 � �9$0 A ^ � by Mayor for Sab ' to ohncil By - _ By ' �i.�---.�.s= -- �$"�� i;�i� ��1��1 _ �_s� _ CZ�.'�" 0..�' ►�''.� I'�� x�A�J�� � �}�j'�� '� r=;: :° �' �'�'Z � ( �. : �.�..c�,1.•:;. %.:-�J F:i 4'1"; �r x`�'Z.",� flF 1•.cII� C�'�.'X Cfl'7'\CTZ. ��_,1/ �- �''• ' �:��:��"� �-;� �:�::�,: ..}, �.�� -;.�.� �t� _. �_� . . �, ���`;; Dnfie . December 18, 1980 �,;, �,�°�' .._ C U �`� ���� f i `l"�' � (� �:. 'P C� � 1 -� . �' O : Soin� Paut Gi�;� Councii � �`: FRO �1i� = COTi?i't'fi$�@� OCI FINANCE, MANAGEMENT & PERSONNEL • � �George �1cMahon ; chairman, makes the #ollo�r�ing - : - � ceporf on C.F. [� d�dinance , � . . � . ���� � �esolufiion , . . � _ . � ��n�r �' ti�E : _ . � � At its meeting �of December 18, 1980, the Finance Committee recorr�nended approval of the fol.lowing: ' � . 1. � Resolutions .approving renewal of Health and Welfare .and life insurance coverages for 1981 for ci.ty employees and employess of Independent School �District #625. ' - (10 resolutions -- 11583-GM, 11584-GM, 11585-GM, 11586-GM, 115$7-�M, 11588-GM, �. � 11589-GM, 11590-GM, 11591-GM and 11592-GM) . _ 2. Resolution approving transfer of funds_ for city's share of local match for - _ - Diagnos�ic�Study of Como Lake. . � 3. Resolution approving 1981 Residential Street Paving Program: _� _ � . 4. Reso1ution approying amended agreement extending Operating Agreement with St. Paul Ramsey Ar.ts and Science Council far operation of the 7A Parki�ng Ramp. - 5. Resolution authorizing the destruction of cancelled goVernment bonds and . coupons. (71561-GM) � _ 6. Resolution transferring $5,000 from Human Rights to City Attorney's Office __ to fund management and operational procedures study of City Attorney's Office. 7.. Resolutions certifying tax levy for �General Obligation Refunding Bonds of 1978, General Obligation Development Bonds of 1979, Series A; and General Obligation Park Nursery Development Bonds of 1979, S�ries 6. (11555-GM) 8. Resolution approving 1981 Identfied Treatment Area (ITA) Budgets. C(TY iIALL SEt'fittiT�-1 FLOO:Z Sr1ItiT P�UE., Iti1I\\ES��A 5�10' `� ..:.�:,:y � `�� b f� � s STATE OF MINNESOTA COUNTY AUDITOR'S CERTIFICATE AS TO TAX LEVY AND REGISTRY OF BONDS COUNTY OF RAMSEY UPON COUNTY AUDITOR'S BOND REGISTER I, the undersigned, being the duly qualified and acting County Auditor of Ramsey County, Minnesota, DO HEREBY CERTIFY that on the •_. day of ,�.,,,, , 1��� there was filed in my office a certified copy of Council File No. ��cs�t adopted on ,��s�, 1980, by the City Council of the City of S aint Paul of said County, levying taxes for $2,065,000 General Obligation Development Bonds of 1979, Series B, as the same fall due and to pay and discharge the principal and interest thereof when due, and further resolving that all conditions and provisions of Council File 272207 submitted to the County Auditor on January 12, 1979 remain unchanged. It is further certified that pursuant to Section 475.63, Minnesota Statutes Annotated, that said bond issue has been entered and registered upon the County Auditor's Bond Register File No. �'�,�, , and that such tax for the � payment thereof has been levied as required by law. W ITNESS my hand and the seal of the County Auditor this �d day of ,j��"+rT , l�fir�.. t Aud' sy (SEAL) D puty Entered in Bond Register _��, � , 1�'` � , , � - : � �,�.� 6 �� z: , . , � _ -�.: - . - .. �, - - � �. . . .� _ - ��..�. � . . �� ... . �. . . , . ,.. . „ ' 1 e ' , . . ' ° � - . - . ., � . i " _ - . . - . . . . . , , . : .. _ � . . . / . . . . � �. - . . . � .' . . . . .. . ..�''.-�-.r,. , ; , - Dar�b4r.29,. 1980. � ' _ _ _ \ , �lr. Loei M�&�aa • . = , ` >� . ��y-Co�aty Auditor . � � ; :'� _ Dopt. •of Countg Property. Tasation • -- _ � , y �,; . - � ,� D�as� Str� , ; ;'' � � - Attactiad_.ior fiiing in yo�s: of��ca is a ctrtiLisd �opy o� `s . r' - ra$alntioa, C.F. 276T21, pirtaini�g to tbe tex l�+vy tor , - ' - $2t465,DtMf Geaeral �?biigation Boad�+ for 'tha Park Nu�ae�y , Develdp�m�at Tau Incrav�nt,,project. W11I 3�►cm Plssrd ptr6vids . n� nitb tanyr,origix�l Caunt�r; t�uditQr Bond �sgi�es Csrtiticst�a . • ' i,n tl�a tor� attachsd to thia- l�ttsr. _ � Vary ts+�l� �ts� ' - . . ' � , : A�rs �c . ' �itp.<Cl�k . ; � � - \ ; , . , . - -- ' Attaeh. . " . , , � _ _ - , � ABOsla , - . . , , , , . _ . _ � �:: . . � � - � _ - . � , � . , —�; , . , , , , . ,: _ . ; . .�. . .. . . - � . . . . � . ' .. . � . . . . .. � .. - - '�.. . � � . " . _; . , r, . . : . - , � . � � . . . �. . . . . . . . ,. . . � .. . . . ..r :_..... . , . _ . . . . ' . �. -. . 1 . . :. . . . � . � ' � .` . . � . . , .. . � . . .. . . . / . . . . .. . . .- , . . - . _ . . , �..,, � . . � ','. - . . . .. � . , � ��' . .. ,. . � _ �_ � � . � ,' . � ..� ,,.. .. ... � _ . �i . . . . . . .. ". .. � . � . .... . �� . . .. . - . . .,- ... . . - � __ .- . . .. , STATE OF MINNESOTA COUNTY AUDITOR'S CERTIFICATE AS TO TAX LEVY AND REGISTRY OF BONDS COUNTY OF RAMSEY UPON COUNTY AUDITOR'S BOND REGISTER I, the undersigned, being the duly qualified and acting County Auditor of Ramsey County, Minnesota, DO HEREBY CERTIFY that on the day of , 1980, there was filed in my office a certified copy of Council File No. adopted on , 1980, by the City Council of the City of S aint Paul of said County, levying taxes for $2,065,000 General Obligation Development Bonds of 1979, Series B, as the same fall due and to pay and discharge the principal and interest thereof when due, and further resolving that all conditions and provisions of Council File 272207 submitted to the County Auditor on January 12, 1979 remain unchanged. It is further certified that pursuant to Section 475.63, Minnesota Statutes Annotated, that said bond issue has been entered and registered upon the County Auditor's Bond Register File No. , and that such tax for the � payment thereof has been levied as required by law. W ITNESS my hand and the seal of the County Auditor this day of , 1980. County Auditor By: (SEAL) Deputy Entered in Bond Register , 1980.