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04-362Council File # RESOLUTTON SAINT PAUL, MINNESOTA Green Sheet # Presented By: Referred To: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 Date Oy -3to'Z- 3Qi1U56 23 WHEREAS, the Indoor Farzners' Mazket financing plan includes a$1 million private-fundraismg goal on behalf of the St. Paul Grower's Association for the indoor mazket base building and markeUtenant unprovements; and WHEREAS, the private fund raising campaign has conduded with $900,000 in conffiburions and pledges received; and VJHEREAS, there are several Neighborhood STAR gant and loan projects that were completed under budget or canceled that have excess funds that can be used in place of the fmal $100,000 needed from the private fundraising effort; and WHEREAS, the $100,000 in STAR funds for the Indoor Fazmers' Market wil] be a grant; so THEREFORE BE IT RESOLVED, by the Council of the Ciry of Saint Paul, upon recommendation of the Mayor and advice of the Long-Range Capital Improvement Budget Committee and Neighborhood STAR Board, that the Neighborhood STAR budget and 2002 Capital Improvement Budget, as heretofore adopted and amended by this Council, are hereby further amended in the following particulazs; and BE IT FURTHER RESOLVED that the City Council of Saint Paul approves the acceptance of private funds and pledges for this project. NEIGHBORHOOD STAR Spending P7-930-90305-0547-77648 P7-930-90308-0547-77364 P7-930-90306-0565-77213 P7-930-90308-0547-77380 P7-930-90306-0547-77643 P7-930-90306-0547-77420 P7-930-90306-0565-77533 Eisenberg Fruit Co MLK Meeting Space Upgrade Dayton's Bluff Comm Theater Inner City Youth League Aamline-Midway Area Rehab Hallie Q Brown Comm Ctr Indoor Farmers' Market Total Current Budget 69,000.00 17,311.00 181,�25.00 20,000.00 I5,000.00 50,000.00 0.00 353,036.00 Changes (18,580.17) (6,311.00) (67,233.80) (477.58) (62.50) (7,334.95) 100,000.00 0.00 Amended Budget SQ419.83 11,000.00 114,49120 19,522.42 14,937.50 42,665.05 100,000.00 353,036.00 Page 1 of2 QF�-3(o2 35 36 37 3S 39 40 41 42 43 44 45 46 47 48 49 so si 52 53 54 55 56 57 58 59 60 61 62 63 64 CAPITALIMPROVEMENT BUDGET Indoor Farmers' Market Financing CO2JR055 6905 Private Contributions and Donations 73� Transfer from CIB 7306 Transfer from Capital Project Fund Spending CO2-7R055 0739 Other Dayton's BWff Community Theater Financing C98-3D020 7306 Transfer from Capital Project Fund Spending C98-3D020 0894 Consh'uction-General Current Budget 0.00 435,000.00 600,000.00 Tota] 1,035,000.00 1,035,000.00 Total 1,035,000.00 181,725.00 Total 181,725.00 181,725.00 Total 181,725.00 Changes 900,000.00 0.00 100,000.00 1,000,000.00 I,OOQ000.00 i,000,000.00 (67,233.80) (67,233.80) (67,233.80) (67,233.80) Amended Budget 900,000.00 435,000.00 700,000.00 2,035,000.00 2,035,000.00 2,035,000.00 114,491.20 114,491.20 114,491.20 114,49120 �`he St. Paul Iuug-1#ange Eapital Impmveme�af 8udgat ..^ommittee recsiv�d this request oa Yeas Nays Absent Edate) Z � 9 � d � _ and recommer.c� Benanav ;/ A ��UVo.. � Bostrom ` '�"— n --- Harris ✓ $ �°'� Helgen ,i -^ � Lantry � Thune I ✓ 7 d d Adopted by Council: Date �j�� / /</ �� Adoption Certified by Council Secretary: By: Approved by By: Approval Rec ne ded by Finand 1 Services Director: a � � � • Form Approved by Ciry Attomey: R�. ,�,�, �, ��h Page 2 of2 j�{- z � Green Sheet Green Sheet Green Sheet Green Sheet Green Sheet Green Sheet � r DepartrneM/office/council: Date Initiatetl: �� Fs -F;���SeM�s 29-JAN-04 Green Sheet NO: 3011056 Contact PerSOn & Phone' Denar6nent SeM To Person InitiallDate PeterButler � 0 mancialServices Z Z ��� Assign 1 mancial Services De ent Direi3or M. i fL p¢ Must Qe on Coun�c Agenda by (Date): Number Z �sn�;al Services ce F;nencui Services 3 / Z�jO`T Routing 3 ' Atto �((o'(j4 Ofdef 4 or's0ffice Ma or/Assisfant 5 ouncil CSt Council 6 ' Clerk Ci Clerk Total # of Signature Pages _(Clip All Locations for Signature) ACtion Requested: To re-allocate $100,000 from completed or canceled Neighborhood STAR projects' excess balances to the Indoor Fazmers' Market Project and increase the Indoor Farmets' Mazket capital project budget for $900,000 in private donations. Recammendations: Approve (A) or Reject (R): Personal Service Contracts Must Answer the FoUowing Questions: Planning Commission 1. Has this persoNfirm ever worked under a contract for this departmenY? � CIB Committee Yes No Civil Service Commission 2. Has this personlfirm ever been a city employee? Yes No 3. Does this person/firm possess a skill not normally possessed by any current city employee? Yes No Explain all yes answers on separate sheet and attach to green sheet Initiating Problem, lssues, Opportunity (Who, What, When, Where, Why): The Indoor Farmers' Market financing plan includes a$1 million private-fundraising goal on behalf of the St. Paul Grower's Association for the indoor market base building and market-tenant impmvements. The private fund raising campaign has concluded with $900,000 in contributions and pledges received Excess Neighborhood STAR project balances will provide the final $100,000. AdvantageslfApproved: The Indoor Fanners' Maiicet financing plan will not have a shortfall. Disadvantages If Approved: None. Disadvantages If Not Approved: The Indoor Farmers' Market financing plan will have a shortfall. Total Amount of -�;��^`? �`.�,^ ° ^.•-;, ;". , - -.. Transaction: $1,000,000 CosURevenueBudgeted: N � Funding Source: Neighborh0od STAR Activity Number: F inancial Information: and private donations �'�#�� � � ���� (Explain)