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95-179/ l p'��� v�� J �l a ��qs Council File # O R��� I V f� L Ame 1 `% Q� e "' T RESOLUT�ON Green sheet # ��I ,FITY OF S�INT PAUL, MINNESOTA Presented By Referred To committee: Date �� 1��c 1 WHEREAS, the City of Saint Paul (the "City") issued $29.2 million of general obligation and 2 other bonds in 1994; and 3 WHEREAS, the City requires various professional services in designing capital impr ement 4 projects and in the financing of such capital improvement projects, such as �ond 5 counsel law firms, and financial advising firms; and 6 7 8 9 10 11 12 re�•:r . _ ' • ' - - - : - - : :- - - - -- 13 WHEREAS, the City Council, based upon the results of the RFP process, desires to identify 14 three to five firms in each of these areas, ••����-, bond counsel, and financial advisors, to be 15 approved by the Council to represent the C`ity and work with City staff in their respective areas far the 16 next 3 years. 17 NOW, THEREFORE, BE IT RESOLVED, that the City Council hereby requests the 18 administration to undertake an RFP process to select -- a�---�-;';�`�' p '' - °, bond counsel firms, and 19 financial advising firms to serve the Ciry from January 1, 1996, through December 31, 1998 and make 20 a recommendation to the City Council on the results of the RFP process by January l, 1996, or prior 21 to the time that any bonds are issued in 1996, whichever date comes earlier. Requested by Department of: By: Adopted by Council: Date �C' Adoption Certified by Council Se e ary By: Appr 95-�79 -��- �o� Form Approved by City Attorney by Mayor £or Submission to By: By: I� a�� ��-.� `��°�'��S S `� A� �' • qs � DEPARTMFN3(QFF�f'#[C.1111KQH. 2/14/9 ATE INITIATED N� � 7 H�/ \.1a� U/LLaCll . GREEN SHEE INRIAVDATE INITIAVDATE CANTACT PERSON & PHONE � DEPARTMENT DIflECTOR O CIiY COUNCIL ASSIGN �CRYATTOPNEY OpTYCLERK MUSTBEONCAUNqLAGENDABY(DATE) pp�N� OBUOGETDIRECTOR �FIN.ffiMGT.SERVICESDIR. ORDER � MqyOR (OR A$$ISTAN� � TOTAL # OF SIGNATURE PAGES (CLIP ALL LOCATIONS FOR SIGNATUR� ACTION RE�UESTED: Establish a formal reqnest for pmposal process to determine how to select pmfessional services, snch as engineering, bond counsel and financial advisor services. RECOMMENDATIONS Approve (A) ar Rejec[ (R) pEBSONAL SERVICE CONTRACTS MUST ANSWER THE POILOWING �UESTIONS: _ P�qNNING COMMISSION _ CIVIL SERVICE COMMISSION �� H&S this pefson/firm Bver wofked under a ContraCt fol this tlepartment? — CIB COMMITfEE _ YES NO _ SiAFP 2. Has this personNirm ever been a city employee? — YES NO _ DISiRiCr CoURT — 3. Does this person/firm possess a skill not normally possessetl by any current city employee? SUPPOFTS WHICH COUNCIL OBJECTIVE? YES NO Explain all yes answers on separate sheet and attach to graen sheet INITIATING PROBLEM, ISSUE, OPPORTUNITY (Who. What, When. Whera. Why): The City of Saint Panl has not conducted a formal request for pmposal proce5s (RFP) for bond counsel for 10 years. ADVANTA��SdFifVfiFlfi the city may realize significant savings thmugh competitive bidding. ••YY"' DISADVAf�Tpsi^cS APPROVED. 1�IUII DISADVANTAGES IF NOTAPPROVEO: � �•�.�a��� ��`�i4 ��� � � 1�5�J 70TAL AMOUNT OF TRANSAC710N $ COST/REVENUE BUDGE7ED (CIRCLE ONE) YES NO FUNDIWG SOURCE ACTIYITY NUMBER FINANCIAL INFORMATION (EXPLAIN) �r Q 6 � S 4 �j � O C JANICE RETTMAN Counclpetson 9s-/ �� CITY OF SAINT PAUL OFFICE OF THE CITY COUNCIL Members: Janice Rettrnan, Chair Dino Guerin MichaelHarris Roberta Megard FINANCE & BUDGET COMMITTEE REPORT WEDNESDAY, MAY 3, 1995 SAINT PAUL CULTURAL CAPITAL INVESTMENT PROGRAM GUIDELINES (The Cultural STAR Program): Discussion of the above issue was held by the Finance and Budget Committee. The following was recommended: 1. Page 4, B-2 be amended to read: °Eligible non-fixed improvements such as, movable or Itheatre seating, computers, phone systems, and technology related to cultural presentations or visitors services." ADOPTED 5-0 RESOLUTION - 95-179 - ESTABLISHING A FORMAL REQUEST FOR PROPOSAL PROCESS TO DETERMINE HOW TO SELECT PROFESSIONAL SERVICES SUCH AS ENGINEERING, BOND COUNSEL, AND FINANCIAL ADVISOR SERVICES. Discussion of the above issue was held by the Finance and Budget Committee. 1. The resolution was amended by author and submitted to the full City Council without recommendation. 4 - 1 (RETTMAN) CZPY HAI,L SUITE 320A SAINT PAUL, MINNESOTA 55102 612/266-8650 5�46 PrinteA on Recydetl Faper Council File # ��I / � ORIGI��AL RESOLUTION CITY OF SAINT PAUL, MINN Sheet # 29877 � Preaented Referred To Committee: Date 1 WHEREAS, the City of Saint Paul (the "City") 2 other bondsin 1994; and 3 WHEREAS, the City will be issuing general 4 some amount to finance construction projects in the 5 WHEREAS, the City requires various p 6 projects and in the financing of such capital imF 7 architectural firms, bond counsel law firms, and 8 WHEREAS, the City has not in the 9(RFP) process to determine how to select p 10 financial advisor services; and million of general obligation and ttion capital improvement bonds in 1995 in capital improvements budget; and 1 services in designing capital improvement projects, such as en�neering and advising firms; and yeazs conducted a formal request for proposaLs ial services, such as engineering, bond counsel and 11 WHEREAS, conducting a formal process to select such professional services as 12 engineering, bond counsel and fwancial a vising services would ensure that the taa�payers are paying 13 the lowest cost for these services and th the City is receiving the most creative and competitive 14 proposals for its various projects; and 15 WHEREAS, the City Counci based upon the results of the RFP process, desires to identify 16 three to five firms in each of these eas, architectural engineering, bond counsel, and financial 17 advisors, to be approved by the Co cil to represent the City and work with City staff in their 18 respective azeas for the next 3 ye s. �RIGI[�f� 9s���` 1 NOW, REFORE, BE IT RESOLVED, by the City Council of the City of Saint Paul, 2 Minnesota, as follows: 3 1. That the City Council hereby requests the administration to undertake an RFP 4 to select architectural and engineering firms, bond counsel firms, and financial advising firms to serve 5 the City from 1995 to 1998 and ma.ke a rewmmendadon to the City Council on the res�ts of the RFP 6 process by Mazch 1, 1995, or prior to the time that any bonds are issued in 1995, w� ever date 7 comes eazlier. 3tequested by Department of: By: Adopted by Councill / Adogtion Certified By: Approved by Mayor: By: . Date by Council Secretary Date Form Approved by City Attorney By: Approved by Mayor for Submission to Council By: