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08-667Council File # �� Green Sheet # 3055230 RESOLUTION 41�VT PAUL, MINNESOTA 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 Presented by 1� RESOLUTION APPROVING A CULTiJRAL STAR LOAN TO THE SAINT PAUL RIVERCENTRE CONVENTION & VTSTTORS AUTHORITY FOR THE SAINT PAUL SKYWAY COLLABORATIVE NETWORK WHEREAS, on July 13, 1994, the City Counci] of the City of Saint Paul established the Cultural Capital (Cultural STAR) Investment Progam, and WHEREAS, the Cultural STAR Program is funded with ten percent of an additional one-half of one percent sales tax on sales transactions that occur within the city, pursuant to Minnesota Statutes, Chapter 297A, authorized by the State of Minnesota, Chapter No. 375, Sec. 46, and WF3EREAS, the purpose of the Cultural STAR Program is to promote economic growth in Saint Faul by strengthening the arts and cultural sector and by supporting Downtown as a vital cultural center, and WHEREAS, pursuant to 1998 Minnesota Laws Chapter 389, Article 8, SS 37, Subdivision 1, a citizen review panel, commonly known as the Cultural STAR Board, has reviewed the application from the Saint Paul RiverCentre Convention & Visitors Authority for the Saint Paul Skyway Collaborative Network, and WIIEREAS, the Mayor has reviewed the ]oan application from the Saint Paul RiverCentre Convention & V isitors Authority and has made a recommendation, which is listed in the budget amendment below, and WIIEREAS, the Saint Paul Skyway Collaborative Network project is consistent with all Guidelines for the Cultural STAR Program, and WIIEREAS, the recommended loan does not require a public hearing under the provisions of Minnesota Statutes, Chapter 116J, now, therefore, be it RESOLVED, that the City Council hereby approves a$90,000 loan with a 0% interest rate, and a one (1) yeaz tenn as reflected in the budget amendment below. Current Amended Budpet Chanqe Budqet 36 Undesignated Adopted Budget - City Sales Tax: 37 P7-930-90399-0547-77999 38 39 Skyway Kiosks 40 P7-930-90309-0547-71791 $540,141.84 ($90,000) $ - 0 - $90,000 $ 450,141.84 $ 90,000.00 �-� �� 41 Re uested y De �ent of \ By: Form Approved by CiTy Attomey By: (��c�(� �, �Q� 4 �� \'''""" Form Ap oved�b� or for 'ssio , Council Adoption Certified by Coun '1 Secretary gy � B i �� Approved b Date tl� (�.n Approved by the Office f Financial Services By. g � � Adopted by Council: Date �%S�aDp� � Green Sheet Green Sheet Green Sheet Green Sheet Green Sheet Green Sheet � (�'IYLf' � pepartment/o�ce/council: Date initiatetl: PE - Plannm2&EconomicDcvelopmcnt 09-JUN-OS Green Sheet NO: 3055230 Contaa Pers�on & Ph �. r- � � Q \C x'-�-�-� G zss-�r bsao Assign 1 Must Be on Council Agenda by (Date): Number Z For — Routing Doc. Type: OTHER AGREEMENT/GONTF ' Order E-Document Required: N Document Contact: Contact Phone: Total # of Signature Pages �Clip All Locations for Signature) Planni�¢ & Economic Developmei Kurt Schul� Plannine&EconomicDeveloome� MikeMarmsoler PlannSn_ & Economic Developmei Director Citv Attornev Cih' Attomev FinancialServices Director avor's Oflice MaVOr's Office Plannin¢ & Economic Developme� Kurt Scfiulte 3 4 5 6 7 Approval of a$90,000 Cultural STAR loan to the Saint Paul RiverCentre Convennon & Visitors Authority. Recommendatwns: Approve (A) or Reject (R): �. Personal Service Contracts MUSt Aaswer the Foqowing Questions: Plannmg Commission I 1. Has this persoNtirm ever worked under a contlact for this department? CIB Committee , Yes No Civd Serv�ce Comm�ssion I � 2. Has this personlfirm ever been a city employee? I Yes No � 3. Does this ersoNfrm ossess a skill not normail I p p y possessed by any current c(ty employee? Yes No � Explain all yes answers on separate sheet and attach to green sheet , Initiating Problem, Issues, Opportunity (Who, What, When, Where, Why): The Cultural STAR Loan wi]] support the Sa�nt Paul Skyway Collaborative Network interactive kiosk project. Advantages If Approved: The Saint Paul RiverCent�e Convention & Visitors Au[hoxity, working w�th downtown businesses, will be able to establish an mteractive directtonal kiosk system in the downWwn skyways. Disadvantages If Approved: None ie " ..._ ��::. � ��: _ — —_..—.—_ —_— _ . — I��i V—LUU�i Disadvantages If Not Approved: The mstallation of interactive kiosks will be delayed or stopped. , /�-�^� n � ', �! 9 I ("�t 40R1V�� � —. i Total Amount of CosURevenue Bud eted: ' Transaction: $90,000.00 9 Y Q�3a4 'I Funding Source: CultUfal STAR Activiry Number. P7_930 � ( ' �19370-0547-71791� Financia l Information: (F�cplain) C June 9, 2008 326 PM Page 1