Loading...
02-434CouncilFile# �� y�y Green Sheet # 10 5� '1 � Presented By Refened To Committee: Date WHEREAS, the Phalen Village Small Area Plan (Plan) was adopted by the City Council in 1995; and WFIEREAS, to implement the Plan the St Paul HRA has previously approved a loan agreement for the acquisirion of the Rose Hill project, formerly referred to as the Superblock area, and the Rose Hill project involves the acquisition and rehabilitation of 8 apartment buildings; and WHEREAS, the City of Saint Paul is eligible to make application for funds under the Neighborhood Initiative program administered by the U.S. Deparirnent of Housing and Urban Development (H[TD) to be used in the acquisition of buildings for the Rose Hill project. NOW THEREFORE BE IT RESOLVED by the City Council that the appropriate City officials are hereby authorized to apply to HLTD for funding in the amount of $750,000.00 for the Rose Hill project on behaif of the City; and BE IT FURTHER RESOLVED, that upon approval of its application by HUD the City may enter into an agreement with HLJD and that the Director of the Department of Planning and Economic Development is hereby authorized to execute such agreements that are necessary to implement the project on behalf of the City; and BE IT FURTHER RESOLVED, that the City Council approves the following budget amendments for this project: Financine }Q0:3929�3099-00�00 I� I�Teighborhood tiahve rant for oselu ro�ec S e�Rdirig �00-39294-0�5�1-��1000 RosehillProject- cqusihon o ui ings 750,000 750,000 Amended Bud�et 750,000 750,000 Requested by Department of: � �-r.��,; � � � ��,�,%� ���.� � � By: _ Form Ap o e b City Att ey By: /� i' AppioVe,{3.{Ja�ayOY fOr Sulyf[issiOn to COUnCil By: Approved by ay r: Date By: RESOLUTION CITY OF SAINT PAUL, MINNESOTA �3 Current Budeet Chanee By: ok by Of '/' v' �� Adopted by Council: Date �`��0l�a Adoption Certif�ed by Council Secretary DEPAR'CMENT/OFFICE/COUNCII,: DATE DVITIATED GREEN SHEET NO.'IOSI�Il 0 ��� , � PED May 7, 2002 ' CONTACT PF.RSON & PHONE: ,� INITNIJnATE PattyLilledahl6-6582 � 1DEPARTMEN'LDIR. �CITYCOUNCII, MUST BE ON COUNCII. AGENDA BY (DATE) �IGN ? CTi'Y ATTORNEY � 7 CITY CLERK NUMBER ���Cr� SERV DII2. Rg FINANCIAL SERV/ACCTG May 22, 2002 Fox `'' � ROU1'ING �MAZ'�R(ORASST.) _CIVILERVICECOMIvIISSION ORDER � TOTAL # OF SIGNAI'URE PAGES _(CLIP ALI. LOCATIONS FOR SIGNATURE) ncnoN �QUES�n: Execute Resolution accepting $750,000 grant for Rose Hill. RECOMIvfENDATIONS: Approve (A) or Reject (R) PERSONAI. SERVICE CON1'RACTS MUST ANSWER TfiE FOLLOWING QUEST[ONS: PLANNING COh}MISSION 1. Has tlils person/fi� ever worked under a contract for this depaztment? CIB COMT�II1'I'EE Yes No CIVII, SERVICE COMIvIISSION 2. Has this petson/fvm ever been a city emp]oyee? A_ CITY COUNCIL Yes Na HRA 3. Does this person/firm possess a skill not nomially possessed by any current ciry employee? Yes No Explain all yes answers on separate shee[ and attach to green sheet INl'1'IATING PROBLEM, ISSUE, OPPORTONI7'7 (Whq Whay When, Where, Why): Execution of Resolution to accept a$750,000 Neighborhood Initiative Grant from HCTD for the May 22 Council Agenda. ADVANTAGES IF APPROVED: Receipt of a $750,000 grant. DISADVANTAGES IF APPROVED: None DISADVANTAGES IF NOT APPROVED: Loss of a $750,000 grant TOTAL AMOi1NT OF 1'RANSACTION: $750,000 COST/REVENUE BUDGETED: yes FIJNDING SOURCE: Federal earmark Community Developmeot funds ACTR'ITY NUMBER: FINANCIAL INFORMATION: (EXPLAII� C�ry Council must approve a budget amendment for the Rose Hill project as detailed in the Resolution. x vsn�a�em�cai�a�n��n� �,