D001598ClTY OF SAINT PAUL, MINNESOTA
OPFICE OF THE MAYOR
City Cier
Finance
ADMINISTRATIVE ORDER
BUDGET REVISION
Current
Budget
ADMINISTRATIVE ORDER, Consistent with the authority grented to the Mayor in Section 10.07.4 of the City
Charter and based on the request of the Director of the Department of Planning 8 Economic Development
to amend the 1998 budget of ffie City Sales Tax Capital Projects Fund, the Director of the Office of Financial
Services is authorized to amend said hudget in the following manner:
WHEREAS, Councii Resolution 96-11463 was approved on 11127/96 to allocate funds for a two-year STAR Business
Revolving Loa� Program in the amount $550,U00; and
NOW THEREFORE, staff recommends $SD,000 be allocated from these funds for the Coffee Nevrs Cafe, Inc, project
a�d the retum of $dA,000 from the Twin Cities Academy project which had bsen approved on CF98-487,
Fund 930 City Safes Tax Capital Projects Fund
P7-930-90305-0547-77103 Loans
P7-930-90306-0547-77103 Grents
STAR Business Revoiving Loan Prgram
P7-930-903D5-0547-77187 - Loan
P7-930-90306-0547-77187 - Grant
Coffee News Cafe, Inc.
$198,700
$79,400
$0
$0
No: �Q t s g
oate: 9'-�$— q�s3'
, P7-930-90305•0547-77152 - Loan $4Q,OQ0
P7-930-90306-0547-77152 - Grant $4,000
Twin Cities Academy Project
Net Change
C7 9' r5
Prepared by: ctivity anager (Date
�
tequested by: DepaRment irector jDate)
$0
$0
$0
�7z��- �`` �--�--� � � � �
Appr ve by: irector of Financial Servicss (Date)
M:nnoueuoc.wK� �o�ss
Change
($5,000)
($500)
$45,000
$4,SOU
($40,000)
($4,000}
Amended
Budget
$193,100
$18,900
$45,000
$4,500
TQTAL#OFSIGNATUREPAGES
09l15/98
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„ I Approval of attached Administrative Order Budget Revision to allocate funds from the STAlt Business Revolving
Loan Program for $50,000 to t6e Coffee News Cafe, Inc. project and tHe return of $44,000 from theTwin Cities Academy
project.
u
PLANNING COMMISSION
CIB COMMITTEE
CIVIL SERVICE COMMISSION
t+as rhis Qersa�rtn everworkea unde.a oo�rtract ra mic aevenmem?
vFS NO
Fms this pereaMnn e�w 4aen a dry emdofree?
YES NO
Do�this P�m+P� a sldN not norma�iYP� bY enY �Re�t �Y �+P��Yee?
VES NO
IS tf�s peBOn(fifin e tarpeted ventloR
YES NO
Planning & Economie Development
Carole Otto 26b-6635
\DVANTAGE$IFAPPROVED
. AMOUM OF TRANSACT�ON S '�" CASTIREVENU6 BUDOETBD fqRCLE ON� YES NO
iesouecE Fund 930 Citv 5ales Taa Cauitat Proiects FunJ�crwmmu�een P7-930-90305 & 90306
�.'"F°R"un°" �°`Pw'"? Net effeM to the 1998 budget is zero. �Q�r' 4g