09-962CouncilFile # �y��a
Green Sheet # 3077036
RESOLUTION
OF SAI�1T PALZ, MLNIVESOTA
Presented Bv:
Referred To:
3�
1 WHEREAS, the Saint Paul City Council and Mayor Chris Coleman have championed efforts to preserve the
2 environment and make the Ciry of Saint Paul a narional model for environmental protecrion and energy efficiency: and
3
4 R'I3EREAS, the resolurion "Establishing Policy for Mana�ng the Energy Efficiency Loan Pro�n" establishes policy
5 foi ene2gy efficiency unprovements; and
7 WHEREAS, Ciry staff have recommended that some changes be made to the progam in order to increase incentives
8 for implementarion of addirional projects that will fm the goal of reducing energy usage and cazbon dioxide
9 emissions; and
10
11 WHEREAS, a transfer of $1,000,000 has been proposed from the Capital Improvement Projects Operaring Fund
12 (Fund 802) to finance loans made by the Energy Conservarion Inveshnent Fund for retrofitting city facilities for
13 energy efficiency improvements; and
14
15 WHEREAS, a financing and spending plan needs to be established for these projects using the new policy; and
16
17 WHEREAS, The Mayor, pursuant to Section 10.071 of the Charter of the City of Saint Paul, does certify that there
18 aze available far appropriarion funds of $7,000,000 in excess of those estimated in the 2009 budget; and
19
20 WHEREAS, The Mayor recommends that the following addirions be made to the 2009 budget:
21
22
23
24
25 233-Energy Conservation Investment Fund
26 FINANCING PLAN:
27 32501-Energy Initiatives/Coordination
28 6928-Advance from Sewer Fund
29 7306-Transfer from Capital Projects
30 All other fund financing
31 Total Fund Financing
32
33 SPENDING YLAN:
34 32501-Energy Initiatives/Coordination
35 0271-Building Repair
36 All other fund spending
37 Total Fund Spending
38
39
CURRENT
AMENDED
BUDGET CHANGES BUDGET
249,788 (249,788) 0
0 1,000,000 1,000,000
152,370 0 152,370
402,158 750,212 1,152,370
203,125 750,212 953,337
199,033 0 199,033
402,158 750,212 1,152,370
40 Lines 28 and 29 amentl fhe financing plan for the Energy Conservafion Investment Fund by replacing an advance from the
41 Sewer fund with a transfer f�om the Caprtal Improvements Project Operating Fund. The 2009 adopted budget for the Sewer Fund
42 already eliminated the Advance to Energy Conservation Investment Fund.
43
44 Line 35 amentls the spending plan for the Energy Conservation lnvestment Fund by increasing the spending authority fo
45 2cognize the $1,000,000 transfer. AddRional funding f�om Xcei Energy �ebates has already 6een budgeted.
46
47
48
49
50
51
52 802-Capital Improvement Pro.jects Operating
53 FINAPiCING PLAN:
54 60002-CPL Operating
55 9830-Use of Fund Balance
56 All other fund spending
57 TotalFund Spending
58
Ci7RRENT AMENDED
BUDGET CFIANGES BUDGET
920,539 1,000,000 1,920,539
3 710,204 0 3,710,204
4,630,743 1,000,000 5,630,743
59 SPENDING PLAN:
60 60002-CPL Operating
61 0567-Transfer to Intemal Service Fund 125,000 1,000,000 1,125,000
62 All ather fund spending 4,505 743 0 4,505,743
63 Total Fund Spending 4,630,743 1,000,000 5,630,743
64
65 Lines 55 and 6l use fund ba/ance in the Capftal /mprovemenf Projects Opera6ng fund £or transfer to the Energy Conservation
66 lnvestrnent frrnd for the loan program.
67
68
69
70
71 NOW, THEREFORE, BE IT RESOLVED, that the City Council approves these changes to the 2009 budget.
72
73 BE IT FURTHER RESOLVED, the Energy Conservation Invesiment Fund (Fund 233) will repay any
74 balances up to $1,000,000 to the Capital Improvement Projects Operating Fund (Fund 802) at the time the program is
75 dissolved or at a time when sufficient financing is secured for the Energy Efficiency Loan Program to both sustain the
76 program and repay the $1,000,000.
Adopted By Council: Date 1��a/�y
AdapNon Certilied by Council Secretary
B
Appr
By:
Requested by Department of: � ,
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By: / / / � `
Approved by the Offic of Finan� al Sern�
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By: ( /
Approved by City Attomey:
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Approv a or far Submission to Council:
By. �� VWt�C �
Green Sheet Green Sheet Green Sheet Green Sheet Green Sheet Green Sheet
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Depar6nentlOfficelCouncil: Date Initiated:
FS –FinancialServices 21-AUG-09 Green Sheet NO: 3077036
Corrtact Person & Phone: Deoac�ert SQSrt To Petson Initiaf{Date
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Z66-8`.�49 . 1 maocial Services artment Director
�� 2 ao�3a15ervices Fivanciat Services
Must Be on Coundl nda by (Date): Number 3 ' Attoine �
02SEP-09 Por
Routing 4 or's Office or/Assistant
Doc. Type: �SQLUTION WI$ Order 5 e � '�
TRANSACTION 6 ' Clerk CiNCI
E-0oeumeM Required: N
� DocumentCoMact: ToddHUdey _
CoMact phofre: 26fr8549
Totaf # of Signature Pages _(Clip All Loeations for Signature)
Action Requested:
Approval of Council resolution amending the 2009 budget to provide financing needed for the implementarion of the Energy
Efficiency I.oan Program.
Recommendations: Approve (A) or Reject (R): Personal Serviee Contrects Must Answer the Following Questions:
Planning Commission 1, Has this person/firm ever worked under a contract for this department?
CIB Comm'ittee Yes No
Civil Service Commission 2. Has this person/firtn ever been a city employee?
Yes No
3. Dces this person/firm possess a skii! not normally possessed by any
current dty employee?
' Yes No
Explain all yes answers on separate sheet and attaeh to green sheet
Initiating Problem, fssues, Opportunity (iNho, What, When, Where, Why):
The Capital Impsovement Ptojects Opexating Fund (Fund 802) will fransfer $1,000,000 to the Energy Conservation Investment Fund
(Fund 233). These funds will be used to finance energy efficiency projects as established by the Energy Efficiency Loan Program
policy.
Advantages If Approved:
.The Energy Efficiency Loan Program will have the startup money needed to complete the energy efficiency projects.
DisadvantageslfApproved:
None knowff
DisadvanWges If NotApproved:
Higher energy usages and cazbon dioxide emissions
Total Amount of
Transaetion: $1,000,000.00 CosURevenue Budgeted:
Punding Source: CIP Operating (Fund 802) p�i�i{y Number: $02-60002-0567
Financial Infortnation:
(Explain)
Auaust 21. 2009 1:25 PM pa��a 1