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D00105., CITY OF SAINT PAUL, MINNESOTA OFFICE OF THE MAYOR ADMINISTRATIVE ORDER No: I.�(�Q (Q5 � City Clerk BUDGET REVISION Date: � Fnance 3 Dept. ADMINISTRATIVE ORDER, Consisient 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 Departrnent of Planning & Economic Deveiopment, to amend the 1994 budget of the HRA Debt Service Fund. The Director of the Department of Finance and Management Services is authorized to amend said budget in the following manner: Current Budget SPENDING PLAN 139 HRA Debt Service Fund 139-86307-0611 West Midway Tau increment Note - Interest 139-86322-0565 Transferto Downtown & 7th Place Redevelopment Capital Projects Fund Net Change to Spending Plan • :� ���� ,� .:� n ,� �..� • --. -. . � �-.. � ,� 10,965 3,030,773 Change e�i �•] .�. Amended Budget 11,773 3,029,965 'P�."' ,�fj� 'fl•/l g'/ pprove y: ayor M:n000suoi.wxi o�tsa _ �00105 DEPAflTh1ENTNFFICEJCOUNCIL DATE INITIATED � Planning & Ecbnomic Development 3/30/94 GREEN SHEE N_ 23155 INfTIAL/DAiE ' INITIALIDATE CONTAC'f PFASON 8 PHONE - ,; ,!� � pEPARTMENT OIflECTOR O CRY CAUNCIL om Meyer '266-6667 i"� �� U- A��GN CT'ATfORNE1' �cmc�aK; � NUYBEft FON gUOGET DIRECTOR � FIN. & MGT. SERVICES �IR. T BE ON COUNCIL AGENDA 8Y (DA7� pOUTNG ' '. - OROER MAYOFi(ORASSISTANn QFin�nrc—(�` TOTAL # OF SIGNA7URE.PAGES 1 (CLIP ALL LOCAT70NS POR SIGNATURE) 5 Tom Meyer ACTION RE�UESTED: � Approval of.Administrative Order - Budget Revision RECOMMENDA7iONS: Approve (A) or Rejea (R) PERSONAL SEFiYICE CONTRACTS MUST ANSWER THE FOLLOWING QUESTIONS: _ PLANNING COMMISSION _ CIVIL SERVICE CAMMISSION 1. Has this perwMfirm ever worked under a contract for Mis tlepartment? _ CIB COMMITTEE _ YES NO 2. Has this personflirm ever been a city employee? _ STAFF — YES NO _ DISTRIC7 bOUR7 _ 3. Does ihis pefsonflirm possess a skill not normally possessetl by any curreM ciry employee? SUPPORTS WHICH COUNCIL OBJECTNE� , YES NO Explain all yes answers on seperete sheet anC atteeh to green sheet INITIATING PROBLEM, ISSUE, OPPORTUNI7Y (Who, Wha[, When, Where. Why)' Final interest payment on the West Midway Tax Increment Note exceeded the budget by $808. Interest calculation was incorrect when 1994 budget was prepared. ANTAGESIFAPPROVED: 1994-approved budget will not show an overrun when comparing to actual expenditures. Budgeted funds are available in another HRA Debt Service Fund line item. ���C�vE� kEf�ad:�b::��V�d DISADVANTAGESIFAPPROVED: A �` � � � �y�g f � 1 ¢ 1994 � C/TY �CERK �!l��� £�FE��� DISADVANTAGES IF NOT APPROVED' �� TOTAL AMOUNTOFTRANSACTION $ $�$ COST/fiEVENUE BUDGE7ED (CIRCLE ONE) YES NO FUNDINGSOURCE HRA Debt SerV1C2 Fllnd pCTIVI7YNUMBER FINANCIAL INFORMATION: (EXPLAIN) _ p � lJ