06-869Council File #��
Green Sheet # 3031496
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RESOLUTION
Presented by
OF
PAUL, MINNESOTA
��
WHEREAS, the Mayor pursuant to Section 10.07.1 of the Charter of the City of Saint Paul, does certify that there aze available
for appropriaaons $715,000 in funds in excess of those estimated in the 2006 bud�et; and
WHEREAS, Council File 277510, dated October 1, 1981, did establish certain Special Fund Policies; and
WIiEREAS, the Public Adminisffarion Fund includes the activity for Real Fstate CAA-Operating; and
WIIEREAS, the 15 th floor of the City Hall Annex is in need of renovations for the use of this space; and
WIIEREAS, the Department of Public Works Administrauon Division plans on occupying this space; and
WHEREAS, these renovations can be completed with this increase in spending authority; and
WHEREAS, Public Works has created and executed an Intemal Cash Flow Loan Ageement between the 260 "Sewer Utility
Fund" and the 255 "Public Works Administration Fund"; and
WFIEREAS, the terms of [he loan agreement specify that the Sewer Uulity Fund will loan the Administration Fund cash for the
renovation, to be recovered in a five yeaz payback term: and
WHEREAS, Public Works is ready to proceed with the renovations on the fifreenth floor of the City Hall Annex, and
WHEREAS, the Mayor recommends that the following additions be made to the 2006 budget
Financing Plan Current Budget Change Revised Budget
260 Sewer Utility Fund
22200-9925 Use of Retained Earnings $3,999,165 $715,000 $4,714,165
All other Financing the Same $45 212.643 $0 $45,212,643
Total Financing Plan $49,211,808 $715,000 $49,926,808
Spending Plan
260 Sewer Utility Fund
22200-0567 Transfer
All other Spending the Same
Total Spending Plan
Financing Plan
255 Public Works Administration Fund
Real Estate CHA - Operating
Transfer from Enterprise Fund 12350-7302
All Other Financing
Total Financing Plan
Spending Plan
255 Public Works Administration Fund
255-12350-0898
All Other Spending
Total Spending Plan
Current Budget Change Revised Budget
$0 $715,000 $715,000
$49.211,808 $0 $49.211.808
$49,211,808 $715,000 $49,926,808
Current Budget Change Revised Budget
$0 $715,000 $715,000
_ $6,422.541 $0 $6A22,SA1
$6,422,541 $715,000 $7,137,541
CurrentBudget Ghange RevisedBudget
$238,995 $715,000 $953,995
$6.183.546 $0 $6,183.546
$6,422,541 $715,000 $7,137,541
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50 Now, therefore, be it RESOLVED, That the City Council adopts the above additions to the 2006 budget.
Requested by Department of:
P c+.3 Exc. t,�:�,:-e��
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Adoption Certified by Council Secretary
By:
Approv y ay � Da[e � � !`�(.�
By:
Form Approved by City Attomey
BY� �W ��vvw^
Form
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Adopted by Council: Date g-��J �FJ�/
. �,� �
� Green Sheet Green Sheet Green Sheet Green Sheet Green Sheet Green Sheet �
b�-��q
IlnnaAinnnH�iF..../n.�....nil. I1�M �..:s:aM.i.
pW - YublicWorks
ContaM Person & Phone:
Da�e Nelson
2C>68860
Must Be on Council Agen�
Total # of Signature Pages
2-0-JUL-06
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Assign
Number
For
Routing
Order
(Clip NI Lowtions for Signature)
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Green Sheet NO: 3031496
� blic Works i Deuar�ent DireMOr i
Financial Services ce Finauaal Servi
ttorce Ci ttome
eor's OBice Mavor7Assistant (
wndl (Stv Council
'(v Clerk C'tv CI k
Approval of resolution amending the 2Q06 budget to provide the cash flow needed for the renovation of the 15th floor City Hall
Annex.
�tlations: Approee (A) or R
Planning Commission
CIB Committ2e
CiHI Service Commisslon
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Personal Service Coniracts MustMswerthe Foliowing Questions:
t. Has this person/firtn e�erworked undera contract forthis department?
Yes No
2. Has this perswilfirtn e�er been a city employee?
Yes No
. 3. Does this persoNfirtn 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
InRiating Problem, Issues, Opportunity (Who, What, When, Where, Why):
Administration has approached tlie Sewer Fund for a loan of $715,000 to maintain the necessary cash balance at Adminisiration
projec[ed annual low point.� This loan agreement is on Greensheet # 3031495.
Advantages MApproved: �
The Adzninish�ation Fund in Public Works will have the positive cash flow needed to complete this renovarion.
Disadvantayes IfApproved:
None
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Disadvantages If Not Apuroved: � � � � � �
Public W orks employees displaced by this move will be without adequate work space. ��ry �����= g
.�j � m ,A
iota�Amountof �15000
Transaction:
Fundin� Source: Sewer Utility Fund
Financial Information:
(Expiain)
July 26, 20D6 1:53 PM
CostlRevenue Budgeted: Y -
Activity Number. 255-12350 and 260.22200
Ge�nci4 �eseareh Cen#er
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