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274295 WHITE - G�V CLERK I PINK � - FYNANCE GITY OF SAINT PAUL Council �.�42�� I CANARY- DEPA�RTMENT File NO. BLUE � - MAVOR �.�At�y'`'� �� Coun ' Resolution � � Presented By ,' Referred To Committee: Date Out of Committee By Date I RESOLUTION APPROVING AGREEMENT BETWEEN CITY OF SAINT PAUL, CIVIC CENTER AUTHORITY, AND HOUSING AND REDEVEL— OPMENT ATTHORITY OF THE CITY OF SAINT PAUL, MINNESOTA, j AND ACCEPTING A DEED CONVEYING PARCEL IV OF THE CIVIC ' CENTER SITE WHEREAS, the Housing and Redevelopment Authority of the City of Saint Paul, Minnesota (HRA) in its Seven Corners Neighborhood Develop- ment Project, acquired the site for the Civic Center Arena and related improvements and entered into a land sale and purchase Contract with the City of Saint Paul covering Parcel II, purchase price $765,405; Parcel III, purr.hase price $116 ,370; and Parcel IV, purchase price $217,335; and WHEREAS, HRA conveyed Parcels II and III to the City of Saint Paul (City) with payment of the purchase price deferred in order to permit construction of the Arena and Exhibition facilities by the Civic Center Authority as designed within its budget and within the limit of the City's bonding authority for such construction; and . . WHEREAS, in settling accourits with �he United States for the Seven Corners Neighborhood Development Project, the amount of the purchase gice for Parcels II, III and IV was obtained by HRA from the City of Saint Paul Urban Renewal Bond Fund Account by deferring other urban renewal and neighborhood development project public improvements programmed from this Bond Fund Account; and WHEREAS, the parties have reached an understanding whereby the HRA has been requested to convey Parcel IV to the City a�d forego claim against the CiVic Center Authority for payment of Parcels II and III; the Civic Cenig Aut�ority has been requested to pay HRA the purchase price for Parcel IV, less the s�um of $19,249.01 due the Civic COUNC[LMEN Yeas Nays Requested by Department of: Butler Planning and _Economic Development Hozza [n Favor Hunt B /���"�,/i�"� Levine _ __ Against Y —7 — Maddox Showalter TedesCO Form Approved by City Attorney Adopted by Council: Date Certified Passed by Counc.il Secretary BY By A�pproved by Mavor: Date — A d by Mayor for S b ission to Council By - — B WMITE — CITy CLERK v!' /���6+� PINK — FINA�CE r' A . Ma � CANARY— DEPARTMENT G I T Y O F s A I N T �A U L Council r.� �� 3. �s BLUE � — MAVOR File NO• Council Resolution Presented � Referred To Committee: Date Out of Committee By Date 2 . Center Authority by HRA under a certain parking agreement dated May 27, 1976 by remitting to the HRA annually up to $100,000 against the purchase price of Parcel IV until such time as this Civic Center Authority receivable has been collected ($198,085.99) by HRA, and thereafter to remit to the City annually up to $100,000 against the debt service upon the City's Civic Center Bonds-General Obligation issued in 1967 and 1969 until said Bonds are paid in full; and the City would accept the Deed to Parcel IV on behalf of the Civic Center Authority and agree to ma.ke future financial provision for the deferred HRA development project public improvements; and WHEREAS, the Civic Center Authority, by its Resolution adopted December 4, 1979, has assented to the foregoing request and agreement as has the HRA, by its Resolution No. 79-12/12-10 adopted December 12 , 1979, and it is desirable that the City assent thereto and accept the Parcel IV Deed. NOW THEREFORE, BE IT RESOLVED by the Council of the City of Saint Paul, in view of the premises, as follows: l. That the Deed of Conveyance of Parcel IV, in said Deed more fully described, by the HRA to the City is hereby accepted by the City for recording in the office of the Register of Deeds, Ramsey County, Minnesota. 2. That the City approves �the understanding and agreement as set forth in the Civic Center Authority and HRA Resolutions, and in this Resolution, and agrees, in accordance with law and City budget procedures , to make �uture provision for financing redevelopment project public improvements deferred by HRA in settling accQunts with the United States COUNCILMEN Yeas Nays Requested by Department of: Butler Planning and Economic Development Hozza [n Favor Hunt Levine _ __ Against BY Maddox Showalter TedesCO Form Approved by City Attorney Adopted by Council: Date Certified Passed by Council Secretary , BY By , t�pproved by Mavor: Date _ Approved by Mayor for Submission to Council By _ — BY , WN�TE - CIT�Y CLERK �OUIICII �J� /��� PINK - -�FINAAICE GITY OF SAINT PAITL CANARV- DEPARTMENT � � !. / BI.UE • - MAYOR File NO• �� nci Resolution Presented B Referred To Committee: Date Out of Committee By Date 3. for the purchase price of Parcels II and III of the Civic Center site. 3. That the Director, Department of Finance and Management Services, and Budget Director, in connection with the presentation of the 1981 City Budget, shall report to the City Council respecting the implementation of the financial terms of this settlement agreement. 4. That on or before March3l, 1980, the parties will reach agreement upon the specific uses and improvements to be made on Parcel IV, and as to the responsibility for making said improvements, their maintenance and compliance with the provisions of Article III of the land sale and purchase Contract dated November 23, 1970, respecting Parcel IV. COUNCILMEN � Yeas M������� Nays Requested by Department of: _�� Planning and Economic Development Hozza [n Favor ,�Levin � _ Against BY '�`��,'� I Maddox i Showalter Tedesco �� 1gao Form Approved by City Attor ey � Adopted by Council: Date ����- I Certified P ss d by Counci ecre ry BY ` I ������� � �11 2 � Ap o Mayor for Su issiot+-to Council /�pprov by iVlavor. Dat — i By — BY ! � t��t3:t!sNED !,�,Pd 2 = '��`' ~ Y ` CIVIC CENTER AUTHORITY '`'���,�°� "�� .,,��.� OF THE CITY OF SAINT PAUL AUTHORITY RESOLUTION CCA i10. ------------------------------------------------------------------------------------------------ wHEREAS, the Civic Center Authority, an agency of the City of Saizt Paul, � is located on premises included in a land purchase agreement between the City and the Saint Paul Housing and Redevelopment Authority; said agreement totaling $1,099,110.00 for three parcels of land identified as Parcel IZ ($765,405.00) ; Parcel III ($116,370.00) ; and Parcel IV ($217,335.00) ; and WHEREAS, the Housing and Redevelopment Authority has requested ra :aent on Parcel IV in the amount of $217,335.00 and is willing to forego its c2G �sas to payments for Parcels II and .III; and . . - WI�REAS, the Civic Center �uthority is owed the amount of $19,249.01 under - a parking agreement dated May 27, 1976, aawnq the Housing and Redevelopment Authority, the Civil Center Authority and the St. Paul. Companies; and ,. • WHEREAS, the Civic Center Authority recognizes an outstanding inde`+tedness to the Housing and Ytedevelop�n►ent Authority of $198,085.99, representing :he , difference between the amount requested for Parcel IV of $217,335.00 anc the . � amount of $19,249.01 owed to the Civic Center Authority under the parkinq agreement; .now, therefore, be it � RESOLVED, That the Civic Center Authority agrees to remit to the Hc+�*sing and Redevelopment Authority of the City of Saint Paul up to the sum of , 000.00 per year until the Housing and Redevelopment Authority's outstanding receiva�le is repaid; and be it FURTHER RESOLVED, That the Civic Center Authority will assist in the repayment af general obligation bonds issued for its facilities, provided that one month's operating .revenue can be maintained at all times for the efficient operation af � the Civic Center. AUTHORITY . Yeas Nays - FORM APPROVED BY Farrell, Chairman CITY ATTORNEY ' . Erickson In Favor B ' Lantry y Larson Aqainst� :.u^3 Maddox � APPROVED BY CCA r:itchell � Date 19 Showalter gy Swanberg Chairman, CCA � _ . � . . , RESOLUTION N0. 79-12/�Z'' '�' WHEREAS, the Housing and Redevelopment Authority of the City of Saint Paul, Minnesota (HRA) in its Seven Corners Neighborhood Develop- ment Project, acquired the site for the Civic Center Arena and related improvements and entered into a land sale and purchase Contract with the C�ity of Saint Paul covering Parcel II, purchase p'rice $765,405; Parcel III , purchase price $116 ,370; and Parcel IV, purchase price $217 ,335; and WHEREAS, HRA conveyed Parcels II and III to the City with payment of the purchase price deferred in order to permit construction of the Arena and Exhibition facilities by `the Civic Center Authority as des�gne� within its budget; and , � WHEREAS; in settling accounts with the United States for the Seven Corners Neighborhood Development Project, the amount of the purchase � , price for Parcels II, III and IV was obtained by HRA from the City of Saint Paul Urban Renewal Bond Fund Account by deferring other urban renewal and neighborhood development project public improvements pro- . : grammed from this Bond Fund Account; and . WHEREAS, the parties have reached an understanding whereby the � . HRA has been requested to convey Parcel IV to the City and forego claim against the Civic Center Authority for payment of Parcels II and III, the Civic Center has been requested to pay HRA the purchase price for Parcel IV, less the sum of $19,249.01 due the Civic Center Authority � by HRA under a certain parking agreement dated May 27 , 1976, and make � future provis�:on for the deferred public improvements, and the Civic Center Authority has been requested to remit to the HRA annually up � to $100,000 against the purchase pric e of Parcel IV until such time as this Civic C�nter Authority receivable has been collected ($198,085.99) ; and . . . � . WHEREAS, the Civic Center Authority, by its Resolvtion adopted December 7, 1979, has assented to the foregoing request and authorized _ an annual remittance to the HRA; and . • WHEREAS, it is desirable that HRA assent to the foregoing request in settlement of accounts with the Civic Center Authority and in comple- tion of the land transfers. � NOW THEREFORE, BE IT �2ESOLVED by the Housing and Redevelopment Authority of the City of Saint Paul, Minneso ta in consideration of the premises, as follows: - 1. That upon acceptance of the foregoing settlement understanding by the City of Saint Paul, the HRA relinquishes claim against the Civic Center Authority for payment of the purchase price for Parcels II and III, Seven Corners Neighborhood Development Project. _ _ �..�..., � �---� �> _.. _ . . . • �„��._.; L ,,�� - , � �'�: {� -� . 2 . That a Deed of Conveyance for Parcel IV, Seven Corners Neighbor- heod Development Project, to the City of Saint Paul, in accordance with provision of� the land sale and purchase Contract, is hereby approved for ex�cu�ion on behalf of the HRA by its proper officers, and the �xecu- tive �irector is hereby authorized to make delivery of said Deed up�n passngE of this resolution. ' . � ; � ' ; ,-'"�...�R.., . _.. ... _.. _. _ • ' � : ;.-; :�: . dr=,�. � `, . ,. �, a.. o,...�n�:��:�,.,. .... .. `,� ::� ..�� ;��,�t YoF�.�,. ' � § CITY OF SAINT PAUL ��' �„ �:°�,,. =o � �,, . OFFICE OF THE CITY ATTORNEY =� nuaiuw ,; � 1°"'""J '= EDWARD P. STARR, CITY ATTORNEY , � �_- y ,eS. ,, ' �' , :};�;'If'��; 647 City Hall,Saint Paul, Minnesota 55102 �.� ,,,.,�..�' ,' ,` � , i 612-298-5121 GEORGE LATIMER � MAYOR ` ,�`� � ;� ,, _-_ ` 7 . : °�, t ld ... ,� ...... ti..._._._�. --^' ._.:J � December 24, 1979 .� �:�5� ���� � �: ,: � 1-: To: Bernie Carlson '-�,�ti�yt � r From: Jim Har�; , i �j� Re: City Cou cil Resolution; Civic Center Authority Enclosed is a draft City Council Resolution accepting conveyance of Parcel IV and the Civic Center Authority and HRA undertakings. A Deed has been pxepared for execution timely with Council consid- eration of the Resolution. The question of Parcel usage and improvements has been left for further agreement to be concluded on or before March 1, 1980. In view of other development prospects, it would appear to be premature to proceed on Frank Farrell' s request of December 20, 1979 for City Council dedication of the Parcel as a park. 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