249075 OR►GINAL TO�CITY CLERK ���V /�
CITY OF ST. PAUL �LE NCIL NO.
* � OFFICE OF THE CITY CLERK
COU RE OLU ON—GENERAL FORM
PRESENTED BY
COMMISSIONE � DATF
WHEREAS, the City of Saint Paul, through the Department of
Parks and Recreation and Public Buildings, intends to construct a
nine (9) hole golf course in Highland Park on the site referred
to as "Stee's 80";and
WHEREAS, in connection with the construction of the proposed
golf course it will be necessary to incur various costs estimated
at $225,000; and
WHEREAS, construction costs are to be financed from net revenues
derived from the operation of the nine (9) hole golf course; now,
therefore, be it
RESOLVED, that the Department of Parks and Recreation and
Public Buildings proceed with the necessary work and that these
costs be charged to the Permanent Improvement Revolving Fund,
Code No. 6000, to be reimbursed by net revenues from the operation
of the nine (9) hole golf course at a repayment schedule and rate
of interest to be determined bq proper city officials; and be it
FT�B�ER RESOL�, that the future net revenues of the Park
� Refectories be pledged as a guarantee of final settlement of
financing if the net revenues of the nine (9) hole golf course
w
prove to be insufficient.
O g
o'I �
a �
t�
�
� a
MAY 2 i 1970
COUNCILMEN Adopted by the Council 19—
Yeas Nays ��'�Y 2 � �9�0
Carlson
Dalglish A prove� 19—
Meredith � Tn Favor
P�� •
l� Mayor
Sprafku
Tedesco A gainst
Mr. President, Byrne
I�LTSHED �UN 61970
O
� 8 �I
� DUPLICATE T'�PRINTER ���t� �/�
CITY OF ST. PAUL COUNCIL NO.
OFFICE OF THE CITY CLERK FILE
� COUNCIL RESOLUTION-GENERAL FORM
PRESENTED BY
COMMISSIONER DATF
WHERFAS, the City of Saint Paul, through the Department o£
Parks and Recreat�.on and Public Buildings, intends to constxuct a
nine (9) hole golf course in Highland Park on the site referred
to as "Stee's 80";and
WHEREAS, in connection with the construction of the proposed
golf caurse it will be necessary to ia�cur various cost� e.�timat�d
at $225,040; and
WSEREAS, construct3on costs are to be fiaancerl from net revenues
derived from the aperatian of the niue (9) hole golf course; naw,
therefore, be it
RESQLVED, that the Department of Parke and Recrea.tion and
Public Buildings proceed with the necessary wosk and that the�e
costs be chaxged to the Permanent Improvemeat Renolving Fund,
Code No. 6Q00, to be reimburaed by net revenues €ram Che aperatiou
of the nine (9) hole galf course at a repayment schedule and rate
of interest to be d�tersniaed by praper ctty officials; and be it
�8B �888ZiiBH, that the future net revenues of the Park
Refectories be pledge,d as a g�asantee o£ final e�ettlem�nt of
financiug if the net revenues of the nine (9) hole golf course
prove to be insufEicient.
�IA`� 2 �3 ����
COUNCILMEN Adopted by the Council 19—
Yeas Nays
�,��' � ,?, ;�.�`'::
Carlson
Dalglish Approve� 19—
Meredith _ ,�,__In Favor
�Y'�IITt.
Mayor
Sprafku ,'�
A gainst
Tedesco
Mr. President, Byrne
�O