D001975CITY OF SAINT PAUL, MINNESOTA
OFFICE OF THE MAYOR
ADMINISTRATIVE ORDER No: �� 1 q 7.5
1 CityClerk BUDGET REVISION Date: �—�l
� Finance
Dept.
ADMINISTRATIVE ORDER, Consistent with the authority granted 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 2000 budget of the City Sales Tax Capital Projects Pund, the Director of the O�ce of Financial
Services is authorized to amend said budget in the following manner:
WHEREAS, CF96-891 allocated funds for the Coordinated Housing Progrem (CHIP), STAR program 77094; and
WHEREAS, the progrem was established to provide up to thirty-five loans and grants for purchase-rehab of
residential property; and
WHEREAS, loans were approved for 118 E Colorado and 1035 Beech Street; and
NOW THEREFORE, staff recommends the reallocation of $18,680 from the budget for the CHIP program to
project code 77448 for 118 E Colorado and $980 for the balance of 1035 Beech.
Current
Budget
Fund 930 City Sales Tau Capital Projects Fund
P7-930-90305-0547-77094
Coordinated Housing Program
C �
J
P7-930-90305-0547-77300
1035 Beech St - CHIP
P7-930-90305-0547-77448
718 E Colorado - CH1P
Net Change
• Pre ed i it Manager 1 ( ate ��
9LF /1 � ����
�queste b : rtment Director Dat
$198,105
$15,600
$0
Change
($19,660)
$980
$18,680
$0
Amended
Budget
$178,4A5
$16,580
$18,680
�.. �� ��l �l
Approved by: Director of Financial Services (Date)
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TOTAL # OF SIGNATURE PAGES
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Approval of attached Administrative Order to authoriie reallocation of CHIP budget.
PLANNING CAMMISSION
CIB COMMITTEE
CIVfL SERVICE COMMISSION
Flas this ce�soNGrm ever vroitced wwer a coMract tor this aepartment't
YES NO
Has this persorJfiim everbeen a city emplaYee�
YES NO
Does this persoNfirtn possess a sltill �wt nortnallyposswsed by any curteM city employee9
YES NO
Is this perw�rm a taryeted vendo/t
YES NO
�lain all ves ansrers on se�2te sheet aM altach to oreen sheet
The CHIP Program was established to pr6vide up to 35 loans and grants for neighborhood
home purchaseirehab. A second-tier loan was approved for 1035 Beech Street and 118 E.
Colorado Street. A separate project code is needed to track the loan payments on these
properties.
A clear record of loan payments
IFAPPROVED
AMOUNT OF TRANSACTION t 19 � F36O-- COST/REVENUE BUDGETED (qRCLE ON� �F NO
SOURCE S�� ncrnmNUn+sercP7-930-90305-0547 - ?709 �f �� �� (P(�()}
r--
INFORM.4TION(EXPWN) Net effect to budget is zero 7 �� ����
77`�'f 8 g t g� 6�II
t�a 5�o t