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271067 WHITE - CITV CLERK COUIICIl F PINK - FINANCE (Community G I TY OF SA I NT 1 A V L CANARV - DEPARTMENT BLUE - MAYOR File NO. ����� Development) ' � ol tion ,� r Presented By ' Referred To Committee: Date Out of Committee By Date RESOLVED, that upon the recommendation of the Mayor, the Council of the City of Saint Paul does hereby approve the following transfer of Community Development Year III and Year IV funds to allow the immediate use of additional CD Year III funds for acquisitions in the old Whittier School area as part of the CD Year III South of Front Redevelopment project. Cur,rent Increase Revised Project Budget (Decrease) Budget CD III South of Front Redevelopment $300,000 $270,000 $570,000 CD III Rehab Loan Program 600,000 (270,000) 330,000 CD IV South of Front Redevelopment 900,000 (270,000) 630,000 CD IV Rehab Loan Program 900,000 270,000 1 ,170,000 APPR AS TO F N APPROVED: � � Bernard J. son, Director Department of Finance & Management • c ard E. oe er B dget Director COUNCILMEN _. Yeas Nays Requested by Department of: Butler � Commu i t Devel o ment Hozza In Favor � Hunt ,.C%e'Q`�'�''t � �"'�t � _�___ Against BY Sylvester —�ese. � � Form Approved by ty A orne Adopted bv uncil: Date — ��� � � i � Certi d Pas y Council Secygtary BY - -- , Y ��� � �i� � App by Mayor. t < �� Appr ve y Mayor f�SuHmi ion o Council gy B PuB�isHEQ MAY a 71978 oM oi: ia/�9�5 . , Rev. : 9/8/76 ������ EXPLANATION OF ADMINISTRATIVE ORDERS, RESOLUTIONS, AND ORDINANCES Date: May 11, 1978 REC � BVED MAY 1 1 1978 TO; Mayor George Latimer ����� � FR: William Q. Patton ��/ � gE; South of Front Housing Project ACTION REQUESTED: Increase CD III budget by $270,000, transfer same amounts in Year IV budget between Rehabilitation Loans & Grants and South of Front. PURPOSE AND RATIONALE"FOR THSS ACTION: This was a phased project. Minnesota Housing Finance Agency has denied phased funding comnitments and has demanded the City to twrn over the entire site for the Whittier Barrier Free Handicapped Housing development by September 1 , 1978. ATTACHMENTS: Counci l Resol ution . __ ¢ ��• , _ CZTY OF SAINT P�.UL ,e`,' � ���': OFFICE OF THE CITY COU�''CIL ������ . . .�rl� ' -Y� : . � - . . . ' ..y,,;-;�_,. - ,��. :-o,�-._� - �,,.�y�::,•.: � �= Date : May 16, 1978 �.. , _ �_ C � 11I� MITTEE E� E PC} R�" TO : Soint Paul City CounciE - F R O M � C 0 t'Tt ff11�'�2 8 O t1 FINANCE, MANAGEMENT AND PERSONNEL Rosalie Butler , c�oirman, makes fihe foiiowing report on C.F. C] ardinunce . - [,� Resotution _ - ❑ t)t t�e r _ -; � r T�.E : Transfer of Community Development Year III and Year IV funds to allow the immediate use of additional �D Year II:I funds for acquisitaon in � the old Whittier School area as part �of�the CD Year I�I South of Front Redevelopment project � - � At its meeting of May 15s the Committee recomnended approval of the resolution. - CITY HALL. SEVENTH FLOOR SAINT PAUL, M�itYESOTt� 55102 � ... . � �4.���?l.� . . . .. . � .. . .