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04-529�oun��� F�e # oy - S29 RESOLUTlON Green Sheet # 3016456 OF SAINT PAUL, MINNESOTA � Presented Referred To Committee Date Requesting the Administration to provide quarterly reports on the status of expenditures and encumbrances for all Capital Improvement projects and all Neighborhood Sales Tax Revitalizarion (STAR) projects 1 WHEREAS, the City Council has approved numerous capital improvement and neighbarhood STAR 2 projects as part of the annual City budget; and 3 WF3EREAS, these projects are intended to improve physical facilities that are both publically and 4 privately owned throughout the City of Saint Paul and support the overall revitalization of the physical 5 environment of the City; and 6 WHEREAS, each project approved by the City Council has a specified budget and specified source, or 7 sources, of funding which are based on the best estimates of staff at the time the project is proposed for 8 review and approval by the City Council, and 9 WIIEREAS, over time there are many changes in project costs for approved projects due to the 10 complex nature of project implementation, changes in construction time lines, increases or decreases in 11 project goods and materials, and other circumstances related to the project(s) that were unforseen at the 12 time the budget was put together, and • 13 W�IEREAS, the Council desires to maintain the integrity of its budgeting process by using any 14 unexpended and available project funding to allocate to other high priority projects which were ranked 15 in order on the fmal list of projects recommended, but did not receive final approval due to a lack of 16 overall funding availability, and 17 WI�',REAS, the City Council does not want to tie up all unexpended project funds in a City Council 18 contingency account; now, therefore, be it 19 RESOLVED, that the City Council requests the Administration to provide a quarterly financial report 20 on the status of all expended and encumbered funds and all unexpended and available funds on a 21 project by project basis for all Capital Improvement Bond, Community Development Block Grant, and 22 Neighborhood Sales Tax Revitalization (STAR) projects to the City Council, and be it o�� 529 i FINALLY RESOLVED, that City Council requests the Adtninistration to prepare such quarterly 2 fmancial reports within 30 days of the end of each calendar year quarter, beginning with the second 3 quarter of 2004, which ends on June 30, 2004. 4 5 6 7 8 9 10 11 Yeas Na s Absent Benanav � Bosfrom � Hanis � Helgen � Lantry � Montgomery � Thune ` � 12 Adopted by Council: Date �� /�� �p� _ 13 Adoption Certified by Council Secretary 14 By: 15 Appt 16 By: Requested by Department of: � Form Approved by Ciry Attorney � Annroved bv Mavor for Submission to Council upd � �� _.� . __ ��� � z (DateJ; _ (Clip All L mistration to ighborhood r Reject (R) ion rtunity (Who DepartrnenNofficelwuncil: Date Initiated: co -���� ,o-�.Y-� Green Sheet NO: 3016456 CoMact Person 8 Phone: Ueoarhnent Sent To Person Initial/Date Lantry � 0 oun '1 Assign 1 onncil De arimentDireMOr Must Be on Council Agenda by Number 2 lerk C5 Cleck For Routing 3 Order 4 5 ToWI # of Signature Pages ocations for Signature) Action Requested: Resolution xequesting the Adm� provide quarterly reports on the status of expenditures and eoncumbrances for all Capital Improvement projects and all ne Sales Tas Revitalization (STAR) Projects Recommendations: Approve (A} o Personal Service Contracts 4Aust Answer the Following Questions: Planning Commission 1. Has this pereoNfirtn everworked under a coMraci 5or ihis depaAmeM? CIB Committee Yes No Civil Service Commiss 2. Has this personffirtn ever been a city employee? Yes No 3. Does this person/firm possess a skiil not normally possessed by any current city employee? Yes No Explain aIl yes answers on separate sheet antl attach to green sheet Initiating Problem, Issues, Oppo , What, When, Where, Why): AtivantaStes IfApproved: Disadvantaves If Approved: Disadvantages If Not Approved: ToWI Amount of CosHRevenue Budgeted: Transaction: Fundinp Source: Activiri Number: Financial I nformation: (Explai�) 4 I