96-1150 , � Q �� �\�� � Council File # � Q
ORIGINq � , ` tv Q
�I'v I�� Green Sheet # ���
RESOLUTION
CITY OF SAINT PAU , I ESOTA �
Presented By �
Referred To Committee: Date
1 1996 CONSOLIDATED PLAN AMENDMENT:
2 ADDITION OF WILLIAM'S HILL PROJECT
3
4
5 WHEREAS, the Council of the City of Saint Paul did approve on April 3, 1996 by Resolution#96-
6 320 the City of Saint Paul's U.S. Department of Housing and Urban Development(H(TD) 1996
7 Consolidated Plan Annual Update; and
8
9 WHEREAS, the 1996 Consolidate Plan Update includes all those projects and activities financed by -
10 the City's 1996 Community Development Block Grant(CDBG)program ;
11
12 WHEREAS, the CDBG regulations allow the City to amend its Consolidated Plan, including the
13 addition of additional Community Development Block Grant programs and projects; and
14
15 WHEREA5, the CDBG regulations further provide a financing mechanism called a Float Loan,
16 whereby the City is able to utilize the unspent funds in its CDBG Letter of Credit to provide interim
17 financing for additional eligible and fundable activities; and
18
19 WHEREA5, the opportunity exists to implement the first phase of the Phalen Corridor Plan through
20 the redevelopment of Williams Hill; and
21
22 WHEREAS, the Williams Hill project will utilize up to 6.0 million of CDBG unspent funds in its
23 Letter of Credit to assist in the acquisition, relocation, and clearance of a 30 acre site located at the southern
24 gateway of Phalen Corridor, remediation of the property, and development of an industrial park which will
25 create 325 living wage jobs which will pay an average of$8.00 per hour for low and moderate income
26 persons; and
27
28 WHEREA5,.it is the intent of the City to follow progra.m regulations which permit the use of Float
29 Loan funds for a period of 2.5 yeaxs, with an option of extending the Loan for an additiona12.5 years; and
30 that the CDBG program will be paid back through the issuance of General Obligation Tax Increment
31 Financing bonds at such time as either the CDBG funds are needed to meet existing obligations or the term of
32 the Float has expired; and
33
34 WHEREAS, the project meets the eligibility and fundability guidelines of the CDBG program, and the
35 requirements of the U.S. Department of Housing and Urban Development concerning amendments to the
36 1996 Consolidated Plan Update have been followed; now, therefore, be it
37
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3 ORIGINAL Page2of2
4
5
6 RESOLVED, that Mayor Norm Coleman, as Chief Executive Officer of the City of Saint Paul, is
7 hereby authorized and directed to submit to the U.S. Department of Housing and Urban Development an
8 Amendment to the 1996 Consolidated Plan which will add a new project entitled William's Hill, in such
9 form as prescribed by the regulations of said Department; and be it
10
11 FURTHER RESOLVED, that the Mayor or his designated representatives, PED Grants Management
12 staff, are further authorized to submit to the U.S. Department of Housing and Urban Development any
13 assurances, certifications, technical changes or additional information that may be required by said
14 Department during their review of the Amendment to the 1996 Consolidated Plan Update; and be it
15
16 FURTHER RESOLVED, that upon notification of approval of the Amendment to the 1996
17 Consolidated Plan Update by the U.S. Department of Housing and Urban Development, the Council does
18 hereby authorize the proper City officials to execute the grant agreement amendment and contract between
19 the U.S. Department of Housing and Urban Development and the City of Saint Paul.
20
21 BE IT FURTHER RESOLVED, that no CDBG funds from this action will be spent until
22 such time as the Tax Increment Financing (TIF) district for the Williams Hill Pro'ect
is approved by the Mayor and the Saint Paul City Council.
1$e St. Peul Long•Range Capitai Improvamenf
Budget Committee recei��e�? this r.sau�st on
�date� �2 and recommends
1—�
�n�d: �c
��-:.� _
e Nays Absent Re ested b De artment of:
B a ey � Y P
Bost�om
Guerjn
o c
Meaar
T une
By
Adopted by Council: Date . �
Adoption Certified by Council Secretary Form Appro by Cit or ey
By:
/ By�
Approved by Mayor: Date C 3v �
'LS�V�N, APProved by Mayor for S mi�sion to Council
B �,,(�- ' '
y� By:
�.� - ��So
IOFFICE/COUNCIL DATE I ITIA D � �J���
Planning&Economic Development � q q L G R E E N S H E ET
CONTACT PERSON 3 PHONE INITIAL/DATE I ITIAUDATE
Bob Hammer g66693 � m DEPARTMENT DIRECTOR �ITY COUNCIL�{/yy
ASSION �CITY ATTORNEY �CITY CLERK
NUMOHII FOA
MUST BE ON COUNCIL AGENDA BY(DATE) X"�,� ROUTINO �BUDOET DIRECTOR �1 FIN.&M4T.SERVICES DIR.
NA Q � � � ORDEH MAYOR(OR A331STANT) J Bob Hamme �
TOTAL#OF SIGNATURE PAGES (CLIP ALL LOCATIONS FOR SIGNATURE)
ACTION REQUESTED:
Approval of attached propoaed Council Resolution will allow the City to amend ita 1996 Commnnity Development Block Grant
(CDBG)program,by adding the Williams Hill Redevelopment projec�
RECOMMENDATIONS:npprove(A)rn Re�ect(R) PERSONAL SERVICE CONTRACTS MUST ANSWER TNE FOLLOWING QUESTIONS:
_PLANNIN(3 COMMISSIQN _CIVIL SERVICE COMMISSION �• Has this person/firm ever worked under a contract for this departmant?
_CIB COMMITTEE _ YES NO
2. Has this personlfirm ever been a city employee7
_STAFF — YES NO
_D�STRICT COUR7 _ 3. Does this personlfirm possess a skill not normall osseased
y p by any current cfty employea4
SUPPORT3 WHICH COUNCIL OBJECTIVE? YES NO
Explaln ell yss answers on ssparats shsst and ettach to yro�n sh�st
IN�I'IATINO PROBLEM,ISSUE,OPP6IRTUNITY(Who,Whe1,When,Where,Why):
The Williams Hill project wiII use up to 6.0 million of CDBG Float fnnds as interim fmaacing to assiet in the pnrchase,
remediation,and redevelopment of 30 acres located at the southera gateway to Phalen Corridor. An industrial park wiII be
developed which wiII create an estmiated 325 living wage jobs for low and moderate mcome persona. Long term financing will
be provided through the isanance of G.O.Taa Increment Bonds.
ADVANTAOES IF APPROVED:
SEP �0 �qgg
The City will be able to nse CDBG Float funds for this project. � CITY ATTC�RNEY
DISADVANTAGES IF APPROVED:
None �{,�h�� ����1 �t�
S�P 10 19�6
DISADVANTAOES IF NOT APPROVED:
J
'?nr.a%�'w+�w.r*:��'f�1 . .
The City will not be able to nse CDBG Float fnnds for this project. �
$6.0 million
TOTAL AMOUNT OF TRANSACTION S COST/REVENUE BUDGETED(CIRCLE ONE) YES NO
1996 CDBG Program P6-100-378ag-�za-61azx
FUNDIfiG SOURCE ACTIVITY NUMBER
FINANCIAI INFORI4(ATION:(EXPLAIN)