D002317a
1 Ciry Glerk
2 Finance
ADMINISTR.4TIVE ORDER, Consistent with the authority granted to the Mayor in Section 10.07.4 of the City Charter and
6ased on the request of the Director of the Department of Planning and Economic Development to amend the
2003 budget of the Ciry Downtown Capital Projects Fund, the Director of the Office of Financial Services is authorized to
amend said 6udget in the fo(lowing manner:
CITY OF SAINT PAUL, MINNESOTA
OFFICE OF THE MAYOR
ADMINISTRATNE ORDER
BUDGET REVISION
No: Q� `7
Date: 7-r? y-��
Administrative Order distributes the approved 2003 Budget to two projects and the balance to Pending Projects
(Contingency)
City Downtown Capital Projects Fund #149 Current Amended
Budoet Chanpe Sudpet
Capital Fund: Subordinate Note
P6-149-76902-0547-68002
Pending Projects
$1,500,000 ($1,158,000)
$342,000
�ital Projects: Fund 149 Subordinated Note; Ineligible TIF Projects
P6-149-76901-0299-69106
Adminfstration
P6-149-76901-0547-69107
Local match for Block 4
TIF District
$0 $1,008,000
$0 $150,000
$1,008,000
$150,000
$1,500,000 $1,158,000
$1,5�0,00�
Y�'����=� � /� �03
Approved by: Director of Financial Services (Date)
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� Green Sheet Green Sheet Green Sheet Green Sheet Green Sheet Green Sheet �
Departrne�rt/office/cou�il: Date initiated:
, PE 'p�anning&EwnomicDevelopment 2SJUN-03 Green Sheet NO: 3001929
Contad Person & Phone:
Tom Meyer
6-6667 .
on Councii Agenda by (DMe):
� Deoar6nent Sent To Person InitiaVD e
0 IPlanaioe & Economic Develo I Bob Schreier i ✓
Assign 1 lan in & Economic Develo Tom Me er 6 b
Nunl6ec Z 1an in Ec nomicDevelo De rtmeutDirector ��
For /��
Rou[ing 3 i Attomev __ Ciri Attornev I_,y�
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Ofder 4 ina cial Services Financial Services
5 a or's Office a or's Ofrce '
6 ouocil i oun il
ToWI # of Signature Pages _(Clip Ali Locations for Signature)
Administrative Order dishibutes the approved 2003 Budget to two projects and the balance to pending projects.
Recommendations: Approve (A) or Reject (R):
Pianning Commission
CIB Committee
Civil Service Commission
1. Has this personffirm ever worked under a contract for this department?
Yes No
2. Has this personlfirm ever been a city employee?
Yes No
3. Does this personffirm possess a skill not normally possessed by any
current city employee?
Yes No
Explain all yes answers on separate sheet and attach to green sheet
fnitiating Problem, Issues, OpportunNy (Who, What, When, Where, Why):
The 2003 budget placed an axnount in the Pending Projects acrivity in anticiparion of assigning project codes and fiuther refinement of
spending decisions. Net change is zero.
Advantapes If Approved:
The budgets will now reflect spending plans and aIlow simpler treatment of the subordinated note expenditures.
Disadvantaqes If Approved:
None
JUL 03 2afl3
� ��
DisadvantaS7es If Not Approved: -
The process of accounting for the Subordinated Note will be unduly complicated and possible double budgeting of projects will be
avoided.
. _._......__... _. � CoSURevenue Budgeted: �-�-'• • `°'�
Transaction:
Fundinp Source: 149-76902-0547-68002 Aetivitv Number. 149-76901-0299 i 149-76901-054��� � tj 2�Q�
Financiai Information: Unspecified Pending �,� �
(Explain) Pf0J2CfS ���re�