Loading...
09-859Co���,► ���e # 09 -g5� Green Sheet # 3074337 Presented by (`�TY 1 2 RESOLUTION APPROVING THE USE OF 3 NEIGHBORHOOD STAR YEAR-ROUND LOAN PROGRAM FUNDS 4 5 6 WHEREAS, on July 15, 2009 the Neighborhood STAR Board reviewed the Neighborhood 7 Commercial parking Pilot Program proposai to provide forgivable loans to business and property 8 owners along University Avenue to improve and share off-street parking areas; and, 9 10 WHEREAS, the proposal provides for capital improvements that will make for considerable 11 improvements in the Central Corridor; and, 12 13 WHEREAS, it is the intent of the Saint Paul City Council to participate in the financing of these 14 activities by providing a total of $300,000 of Neighborhood Year-Round Loan Program through 15 the City Wide, Ward 1 and Ward 4 allocations; and, 16 17 WHEREAS, because this proposal is of substantial community significance, a waiver of the 18 STAR Guideline regarding the required 25% cap of total STAR grant dollars allowed for each 14 Year-Round STAR Loan Program project is recommended and, 20 21 WHEREAS, a waiver of the STAR Guidelines in regards to the matching fund requirement is 22 recommended and, 23 24 RESOLVED, the Council authorizes and directs the appropriate City officials to execute the 25 appropriate grant documents to implement this Resolution, subject to approvai by the City 26 Attorney; and 27 28 FURTHER RESOLVED, the Saint Paul City Council authorizes and directs the staff of the 29 Department of Planning and Economic Development to proceed with afl other action necessary 30 to implement this Resolution. 31 32 33 34 35 36 37 38 Page 1 of 2 39 40 41 RESOLUTION (� �itir ce�n nniniNESOTA D 9 ���� 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 FINALLY RESOLVED, that upon recommendation of the Mayor, pursuant to Section 10.07.4 of the City Charter, the City Council does hereby amend the current budget for the Neighborhood STAR Year-Round Loan Program in the following manner: Neighborhood STAR Year-Round Loan Program: P7-930-90398-0547-78001 Neighborhood Commercial Parking Pilot Program P7-930-90306-054 Current Budqet $903, 000 $ -0- Chanqe ($300,000) $300, 000 Amended Budqet $603, 000 Page 2 of 2 $300, 000 Bostrom Carter Harris Adopted by Counci6 Date ��.��t� AdoptionCertifiedU Counc'�Secretary BY� ��� / /il/�i'Ji � <iF�ifr� Approved by ayor Date S� ��'�C�� g _ `' Ru-a�✓ Requested by Departme�i of: By: Approved by the Office of Financial Services By: Approved by City Attorney By: Approved by Mayor for Submission to Council By: � Green Sheet Green Sheet Green Sheet Green Sheet Green Sheet Green Sheet � 6°l-�s�� DepartmentlOfficelCouncil: Date Initiated: co-�°°°��� 04AUG Green Sheet NO: 3074337 � Contact Person 8 Phone: Deoarbnent Sent To Person InitiaVDate � 2 � S'��� � � O S I ouncil Council ��9� 2 ouncil Council Must Be on Council Agenda by (Date): Number 12-AUG-09 For 3 i Clerk Ci Clerk Routing 4 Doc. Type: RESOLUSION Order 5 E-Document Required: Y Document Contact: Samantha Henning ConWCt Phone: 266-8641 Total # of Signature Pages _(Clip AII Locations for Signature) Action Requested: Approving the use of $300,000 of Neighborhood STAR Yeaz-Round Loan Program to finance forgivable loans to business and property owners along Universiry Avenue to improve and shaze off-street pazking areas, making considerabte capitai improvements in the Central Corridor. Recommendations: Approve (A) or Reject (R): Personal Service Contracts Must Answer the Following Questions: Planning Commission 1. Has this person/firm ever worked under a contract for this department? CIB Committee Yes No Civit Service Commission 2. Has this person/firm ever been a city employee? Yes No 3. Does this person/firm possess a ski0 not normally possessed by any Current city employee? Yes No Explain ail yes answers on separate sheet and attach to green sheet. Initiating Problem, Issues,�Opportunity (Who, What, When, Where, Why): AdvantageslfApproved:� Disadvantages If Approved: Disadvantages If Not Approved: Total Amount of Cost/Revenue Budgeted: Transaction: Funding Source: Activity Number: � Financiallnformation: (Explain) Auaust 4. 2009 3:04 PM PanA 1