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D001736C{TY OF SAINT PAUL, MfNNESOTA OFFICE OF THE MAYOR ADMINISTRATIVE ORDER No: J.�BU/7� 1 City Clerk BUDGET REVISION Date: 2 Finance � Dept � 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 Departrnent of Planning 8� Ecanomic Development io amend the 1999 budget of the City Saies Tax Capital Projects Fund, the Director of the O�ce of Financial Services is authorized to amend said budget in the following manner: WHEREAS, resolution 97-1320 was approved authorizing a STAR Ioan to the Selby Area COC for improvements to houses and businesses in the Selby area; and WHEREAS, resoluNon 99-574 was approved to reallocate this project to University Nationai Bank; and WHEREAS, the amount of the loan was reduced from $100,000 to $92,000; and WNEREAS, an additional amount of $92,000 in Star Grant funds was approved for the Selby Initiative Project to be provide by the Neighborhood Investment lnitiative Grant Program ($75,000) with the remaining funds to be reallocated from the Undesignated Adopted Budget; and NOW THEREFORE, staff recommends the following changes to project code 77146 (Selby Initiative), project code 77726 (Neighborhoad Investment Initiative Grant) and 77999 ( Undesignated Adopted Budget). Current Budget • Fund 930 City Sales Tax Capital Projects Fund $100,000,00 $0.00 P7-930-90305A54�-77146 P]•930-90306-0547-77146 Selby Initiative Loan & Grant Pragram P7-930-9D306-0547-77126 Neighborhood lnvestment Iniative Grant P7-930-90398-0547-77999 Undesignated Adopted Budget NetChange � �49 by: Activity anager ( at n �Fteques e . ep ent irector (Date) , $266,678.00 $831,786.36 Change ($8,000.00) $92,000.00 ($75,000.00) ($9,000.00) $0 Amended Budget $92,000.00 $92,000.00 $791,678.00 $822,186.36 ,m f��� 1�-� l % A oved by: Director of Financial Services ( ate u:ao-rnas.wiu j & Economic Dev. I 8/5/99 & PHONE h 66668 ICIL AGENDA BY (DAT� ASSIGN NUN6ERFOR ROUTING ORDER TOTAL # OF SIGNATURE PAGES 1 /A �ob17� GREEN SHEET nv.R,.�r omKron No 08477 a�rtouoc� � sm°�E"K — � i)1fJlCI�L 9ERY/ACCTG ❑ anwnou�v wt � R1M111CML4ERNCESNR ❑ WYOR(ORA851Ef11M) (CLIP ALL LOCATIONS Reduce STAR loan to project 77146 (Selby Initiative)by $8,000 and increase budget for a grant of $92,000 to be funded by the Neighborhood Investment Initiative (77126) for $75,000 and the Undesignated Adopted Budget (77999) for $9,000. PLANNING COMMISSION CB COMMITTEE qVIL SERVICE COMMISSION ISSUE, IF Has this persoNfi�m ever xrorked under a coMrac[ fa this department? VES NO Has thie peisoNfiim ever been a city employee7 VES NO Does this Personlf�rm Po%`•ess a Sldtl not nortnatlYP�essed q' anY curterit cdY employee? VES NO Is th� person/firm a fargeted vendoYt VES NO �lain all ves answers on seoarate sheet and attech to nreen sheet Improvements to houses & businesses in the Selby area. OF TRANSACTION f ' U — CQSTIREVENUE BUDGETED (CIRCLE ONE) /VES / NO SOURCE Fund 930 ACTNITYNUMBER C(1d1� �/s/9� INFORMAiION(IXPWN) Net effect to the 1999 budget is zero. RECEIVED AUG 131999