265824 WN17E - CI TV CLERK ^��^��
CANARY - DEP RTM CT ` • [' U
BLUE - MAVOR ITY OF SAINT PAITL F le ci1NO• � Q
� - C ncil Resolution
Presented By
Referred To Committee: Date
Out of Committee By Date
Resolved, that upon recommendation of the Mayor and pursuant to Section
10.07.4 of the Charter of the City of St. Paul, there is hereby transferred
the sum of $70,000.00 from the Contingent Reserve General Activity 09060-410-000
to Activity 09096 Lowry Annex, Acquisition and Remodeling; said revision de-
lineated as follbws:
General Government Accounts
Activity 09096 Lowry Annex, Acquisition & Remodeling
460-000 Reimburse P.I.R. Capital Project $70,000.00
Recommended for Approval Approved ;.
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Accounting Division udget Dir ctor
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COUIVCILMEN Requested by Department of:
Yeas Nays
Christensen Finance & Man ent Services
� Hunt In Favor
Le.��r V _
Sylvester A gainst BY
Tedesco
President � Hozza
� 3 � �� Form Approved b City ttor y
Adopted by Council: Date
Certifie ssed Council Secretary BY
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Appr d by Mayor: Da �J Approved May b ' t C uncil
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�.,�.�•,��;.�,,: ». c,��,��:� July 18 , 1975
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Council President David Hozza and
Honorable Members of the City Council
Office of the City Council
Saint Paul, Minnesota
- Dear President Hozza and Members of the Council:
Attached for your information and consideration are materials
pertaining to the acquisition and remodeling of the Lowry
Medical Annex (City Hall Annex) .
Mr. Kelley' s memorandum to me summarizes these materials, and
indicates the steps now being taken to allow the transfer of
funds from various completed or delayed CIB projects to allow
early acquisition of the Annex. On June 15, 1975, the Public
Buildings Task Force of the CIB committee approved the use
of CIB funds for acquisition of the Annex. In addition, the
Streets and Utilities, and Parks Task Forces have endorsed
the use of remaining CIB funds for other capital projects,
such as the acquisition of the Annex. This early acquisition
will result in an abatement of some $96, 000 in 1976 real
estate taxes.
It is recommended that capital fund balances be used, rather
than operating fund balances, to finance acquisition and
remodeling costs. This recommendation is based in part on
the philosophy that capital funds should be used for capital
projects, and also on the consideration that state-mandated
re-valuation of residential properties will make it more
difficult to realize the City' s goal of holding the line on
property taxes in 1976. Virtually all operating fund balances
must be. reserved to help finance the 1976 operating budget.
� There is a need to begin the initial remodeling design and
development for the Annex now, however, and I am requesting
your favorable consideration of the attached resolution
, � . - ��5�?��
. President Hozza and
Members of the Council -2- July 18 , 1975
trans.ferring $70, 000 from the Contingent Reserve-General
to the Lowry Medical Annex account so that the recommended
architect can begin work.
I look forward to moving ahead with this project so that
the City' s critical space needs can be addressed as soon as
possible, and thus hope for your early action on this initial
fund transfer resolution.
If you have any questions about any of these materials,
please call Mr. Kelley, Mr. Manning, or Mr. Blees for further
information.
Sincerely,
,.,,....�..._,..,;` .
LAWRENCE D. COHEN
Mayor
LDC/lm
cc: Rose Mix v�'
Thomas J. Kelley
Gregory Blees
Richard Manning
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