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06-896COUNCIL FR,E #: D�o ' O 9� GREEN SHEET#: 3032613 Resolurion �� Presented By: � `�—� � ' Referred to: —� Committee Date: 1 WHEREAS, the Saint Pau] City Council, by its resolution CF-06-572 authorized the acquisition of a parce] of land located at 2 741 Bay Sueet and adjacent to owned Pazkland located at the southwest comer of Bay Street and Tuscarora Avenue; and 3 4 WHEREAS, in accordance with Section 13.01.01 of the Saint Paul City Charter proceeds from the disposal or diversion of 5 parkland aze accumulated and maintained in a sepazate fund, the balance of which is sufficient to purchase 741 &ay Street; and 6 7 WHEREAS, the acquired parcel when combined with the existing pazkland creates a I(2 acre pazcel of parkland in a dense 8 residential neighborhood; and 9 10 VJHEREAS, it is the desire of Pazks and Recreation to establish a spending and financing plan for the acquisition of 741 Bay ]] Street through the use of accumulated Parkland DisposaUDiversion Receipts and the interest earned thereon; and ]2 13 WHEREAS, the Mayor, pursuant to Section 10.07.1 of the Charter of the City of Saint Paul, does certify that there are ] 4 available for appropriatioq funds of $32,000 in excess of those estimated in the 2006 budget; and 15 16 WHEREAS, the Mayor recommends that the following additions be made to the 2006 budget: 17 18 FINANCING PLAN: BUDGET CHANGES BUDGET 19 720 - Pazks and Kecxeation Grants and Aids 20 50087 - Parkland DisposaUDivexsion Funds 21 9830 - Use of Fund Balance 0 32,000 32,000 22 0 32,000 32,000 23 SPENDING PLAN: 24 720 - Parks and Recreation Grants and Aids 25 50087 - Parkland DisposaUDiversion Funds 26 0881 - Acquisition of Land 0 32,000 32,000 27 0 32,000 32,000 28 24 THEREFQRE BE IT RESOLVED, that the Council of the City of Saint Paul approves these changes to the 20o6 budget. Requested by: Division of Pazks and RecreaYion $ y' ��� L � Approv Reco� ende , by Financial rvices Director. .� By: Form Approved by City Attomey �� Adoption Certified by Council Secretary !�� - / B y' � L�.� BY /l i/�C.�Sei Approve ay r for Submission to Council Approved by M Date: J� `Z �� Sy: By: G:IFMIQT1WnkalResolutions, AOs, Green SheetslResolutionslBay Tnangle Acquisition Sept 'O6.x/s Page: 1 of 1 Adopted by Council: Date: —_� � Greett Sheet Green Sheet Green Sheet Green SheeY Greert Sheet Green Sheet � �6 ��� pR — Pazks snd Recreation Contact Person 8 Phone: Jason Wirka 26G&l77 Must Be on Council /Lqen Doc. Type: RE50lUilON Wl$ lRANSACI E-DocumentRequired: Y DocumentContaM: JasonWiFka Date Mitiated: OSSEP-0B y Assign Number For Routing Order ConqetPhone: 2666417 � � Total # of Signature Pages �(Clip All Locations for Signature) Action Requested: Green Sheet NO: 3032613 0 1 Z 3 4 5 6 arksa rea' n 'c ane' " Att rne s r•s Ma r! s o en7 n i erk C"i CI r of attached resolution authorizing a spending and financing plan for the acquisiUOn of 741 Bay Street. Pianning Commission 1. Nas this person/fimt e�er xrorketl urider a contract for this department? CIB Committee Yes No CiHi SeMCe Commission 2. Has this persoNfimi e�er been a city empioyee? Yes No 3. Does this person(firm passess a skill not nortnally possessed 6y any curtent city employee? Yes No Explain atl yes answers on separate sheet and attach to green sheet Initiating Problem, lssues, Opportunily (Nlho, What, When, Where, Why): Advantages IfApproved: Budgetazy level of control maintained Disadvantages NAPproved: None. DisadvantaAes tF Not Approved: Budgetary level of control lost, �wTransaction: 3Z000 Fundina Souroe: pa�icland Financiallnformation: Dieelsion/Disposal (Explain) PI'oCe2ds as approved on CF-O6-572 AetiviN Number. � September 8, 2006 8:32 AM CosNRevenue Butlgefetl: N Page 1 � �� � � „, � r. i � ��Q�? °s.' ����;' � ' ��,� ��n��r t����°�;i r:.-.�,,�u< � �,. -� � � . _: ,�' i � � D� - ��Co