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270464 WHITE - C�TV CLERK CO1111C11 �,��'�� PINK - FINANCE I � �� CANARV - OEPARTMENT GITY OF SAINT PALTL . . . BLUE, - MAYOR � Flle NO. Council Resolution . Presented By �1-�^"��'�-= �'�-�I� Referred To Committee: Date Out of Committee By Dat� Whereas, Council File No. 265226 dated March 28, 1975 accepted the Civic Center Authorities proposal to repay a $300,000 working cash advance aver a period of not to exceed thirty six (36) months, and Whereas, $100,000 was repaid in 1976, and Whereas, the anticipated payment of $100,000 for 1977 was not made due . to an inadequate cash position, and Whereas, it is anticipated that the Civic Center cash position will allow payments totalling $100,000 in each of the years 1978 and 1979, now, therefore, be it Resolved, that repayments commence when the Civic Center working cash balance is sufficient to provide one and one-half (1�) months operating expense, COUNLILMEIV Requested by Department of: Yeas Nays Butler � Hozza � In Favor Hunt Levine _ Against BY Roedler S ylvester Tedesco �AN 2 6 1978 � Form pproved y C't tor Adopted by C i : Date � Certifi as Coun ret�ry BY � By JAN T 197 �( �_ App oved by M or for Su ission Council Approved by or: Date By BY PUBLlSyc� �=�� w '�::;;� .. 4 € t�M 01: ' I2f�975 . . :� _ i :; ;; � 'Rev. : ' ��8:j76 _ . ` � a; ; _ , . ., �:� �- � �i,w.. "`� EXPbANATIQN OF T3MIi�ISTRAT VT 4RDERS,:. '-_ . . • ' RESOLVTIQNS AND ORDI A�C�S. _ ��,� � . �� . � ��E ��.�'`E i11 �r?t'tr:�r�`�,��,+,, . . , Date: J��'�� 9, 1978 t �� }��3 i �� , TO: MRYOR_ GEORGE LATIMER � ' . ' ,'. , , . . , . ' <.. FR: ��$� C�t�rlson �' 6 ��'-- F �. . ., „ RE. ��.v.ic<�en#�'butho�itias repay-tq�nt o�..:��34Q�,.�O �k#�, � i��-; . , . .,,. , _ _ . . _. . . . , � .. w s.� _ . ,_ , .. ., ��. � . � .' � . . , _ _ , . . . � _ � . . ; . _ . . . , : . , , , -. „ . .. :. , -.. , , _ . , : ; . ' :,. : , . � ; ,,�:;. �� iCTION RBOtTLSTED: , t Cc�tascil paseage $ud I�a�ors a�pr�rv�l of. att�,act�ed �e�$o2w��,�R ��c'h �f�rs ��apapmeat, until th�'�ivic Center cash �usft#cbn is a�f`�ic#:+�tit to.�►��aide 1� �ths operating ex}�ens�s. ' � : , , , 1 � ; i ;: � E _ . . . . . .. � . �. . . . . . - � � - . 4 . . ., . . . . . 1':, P�T.RPOS�E AI�� RATIONALE FQR 'TAIS ACTT0�1: Pt�xrfa� Couacil actiost, (CP265226, 3/2�/75� 'e��ed Eivic C�x�e� ' A�t.i�ority p�opos$1 ta �cepa►� $3�tl,Ot)fi' ccrv$r a 3�i_�th pexf,od, � '� �. Thi� s�esolution updsteg �bre �onncil. E . ; . _ , , - � � j - • ; . , ' - ' . .. ,; E _ . . . . - . . . ,. � . .. . ' . . - . � p. . . ' . .. . . � . .. � .. � . . � . t.. ... .. .. .. . .- . .. : . . .. ' ,-..' � � . .. � .. . . . .. � . . � ..� ' . � - .�.. '�� . � '. ... ... � . . . . . ... ... . . . . . . . � . ' . ' ' ..' '. . ' , ATTACHMENTS: f Prc�osed Cov�►ci1 re�nlutioa. � s , ; � . • : . . , ; ; _ � , .. t - , ; �,. ' � , , � .: . . ..: . ; , _ . � ,.