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94-1127 Pver\eANde _ 9 �,�� y Council File # C I L I ` ! 17 Green Sheet # RESOLUTION CITY OF SAINT PAUL, MINNES • / I te Presented By , _ �L . , __ ..d i Air Referred To Committee: Date p.ft 1 RESOL ON ESTABLISHING THE 2 NEIGHBORHOOD SA ES TAX REVITALIZATION PROGRAM 3 WHEREAS, Saint Paul neighborh.. i s are one of the City's most important strengths, and the sales 4 tax proceeds represent an extraordinary op • •rtunity to revitalize and invest in our neighborhoods, and 5 WHEREAS, by resolution of the S.' t Paul City Council, "the net sales tax proceeds shall be 6 allocated for capital projects to further res' ential, cultural, commercial and economic development and 7 that the intent of the City Council is that ti e proceeds be used in such a way that they have significant 8 and positive economic impact, and are tar _ eted at such efforts as supporting housing and commercial 9 revitalization initiatives, tax generation thr ughout the city, and leveraging private investments. ", and 1/2 cent sales t ax`> : :# €:� its o!t s :::.;:::: € . 'et 10 WHEREAS, 50% of the proceeds o � the : �.::>:.;:.;:.;:.>:.::: :.:::::...::::::: :::::.....:::..� .. 11 NNW are dedicated to investment in th neighborhoods of Saint Paul; and 12 WHEREAS, the City Council pass 4 Resolution # determining the membership and duties of a 13 board for the Neighborhood Sales Tax Re italization Program that will be appointed by the Mayor and 14 approved by the City Council and will se e as the formal review body for proposals for use of the 15 neighborhood portion of the sales tax; and 16 ::.:.<: R ggyvo ` K: g WHEREAS, that the selection process for proposals 17 will be competitive and the Board will det' rmine the quality of the proposals with the number of 18 applicants funded dependent on the size . d quality of the proposals and the availability of funding. 19 Projects considered to be of insufficient q ality will not be recommended for funding, even if funds are 20 available. The Board will recommend pr. posals to the Mayor and City Council for funding; and 21 .::::.:: ..:T:.: imu EREAS, proposals that the Board may recommend mud 22 should reflect strategies, programs, and p i • j ects that are designed 'tghkosto strengthen our 23 neighborhoods and address perceived pro • lems, needs and opportunities, and these strategies may be 24 generated by neighborhood and civic lead rs, organizations, and businesses; now therefore 25 BE IT '".RESOLVED, th. t the City Council establish the Neighborhood Sales Tax .::... : ..:.;:....:.:::... 26 Revitalization Program with the followin u general objectives; 27 1. Improve and /or stabilize housing sti k 28 2. Improve and /or stabilize local com ercial and businesses . 1 3.. Leverage private improvement effort. through use of sales tax funds C P - 1 - 11D r i 2 4. Fund projects or programs that resul, in a high visual or economic impact within the identified 3 project area P. 2. 8 f Li 4 5. Promote creative use of coalitions • ' • imaginative development of strategies to address Saint Paul 5 neighborhoods 6 6. Build community and neighborhood apacity. 7 7. Build tax base 8 8. Create living wage jobs 9 9. Provide job training 10 and; 11 BE IT FURTHER RESOLVED, tha the City Council and Mayor shall clearly and publicly state, 12 and review as- Heeessafy; annual priorities i or the use of sales tax funds in our neighborhoods. The 13 initial priorities for the use of these funds hall be: 14 * Community Development - projects hich are key to promoting health and well being of 15 neighborhoods such as diversified h using, attractive commercial business strips with ample 16 parking, and an appealing physical . vironment. 17 * Business Growth - living wage man facturing and service sector job growth 18 * Neighborhood Polluted Land Clean- p - return blighted parcels of real estate to productive uses 19 which enhance the neighborhood an ! increase the commercial /industrial tax base while maximizing 20 use of existing funds available for c 'eanup; and 21 BE IT FURTHER RESOLVED, th. , eligibility regarding the use of the neighborhood sales tax 22 funds shall be defined as follows: 23 * Eligible applicants are any public, • 'vate, or non - profit entities, which are located within or do 24 business within the City of Saint Pa' 1. 25 :: is }ii: ii } }i: :: ;i::.``i A:;.:. i} ii:•}:• i:'•% �':♦:• i:;i: ?;i:4:•i:•i:;i:;i: }}v: {:.: • {�•:.}'::::: .:i'v:::::: %• n}v .. ...: ..:......... :...:..:..: .... .:R....n. .i: 'p: '•i' is .. :. :i: .:... i'.i: :: »» ::;:::: >: . , .. >:. ::; :..:: >::..:.. : »; :. �.. .::; ...:; p:::o :::a::::: vate:::or:> ±,n xo:....t::: :tit 26 * Eligible areas for funding include . areas within the legal limits of the City of Saint Paul. 27 * Any strategy, program, or project hich strengthens and /or improves the neighborhoods in Saint 28 Paul is eligible for funding. 29 * Eligible expenses include any legal . irect project costs of a capital project subject to compliance 30 with state law; and 31 1 - BE IT FURTHER RESOLVED, thai the City Council and Mayor shall clearly and publicly state, 2 and review as necessary, target allocation :,oafs in order to provide careful and responsible stewardship 3 of the funds for now and for future genera ions, and that the initial allocation goals shall be: p 0¢ LI 4 1. 60 % shall be allocated to low intere • loans which will return money to the neighborhoods again 5 and a ain and will build a long -te , growing fund source for the future. :::: :::.::::::: .... .. :.: :::::: :: :: : :::: .... I ....: : :::: .. C . iiiiiiiii:q:Mi i : ii' iii }:•: i: :: .::•:. {.: }i: '.ii[ .i:•: ii::.iii'.::: n ::::::. ` : ni'.: • %:: ni i.i::: :::.i..: : .: ?::. ; �i:ii:::: ' }:::i; i i iii::ii::: i:::i::i'iii':::i. .�.i': t}: •.i4: nii' ' t. {i:Y:..:..: ...v 1�: ..: •::: : :.........:. .. :T:.. v. :.: :i: .... . : 6 ....: <:::.: is ::i::i:. . >::: :: {:::: ! . < ' : . :::i . .:: ula::::ts::::sih. :t:::t :. >redu too s:i:. : p:: ons 7 0:51:540141§:§10; This loan progr m, in order to address loan needs which can not be met 8 through standard financial institution lending programs, will have a loan loss ratio which may at 9 times reach 20%. However, becaus the intent of the program is to help applicants successfully 10 invest in our neighborhoods, terms • d conditions of loans will be negotiated and customized for 11 each individual proposal. 12 ... 13 -, , : : :. : -- -.: - -_ -- 14 .. .. �.. _. ::... ... , .. -- - :., .. .. ... .. ... 15 .- - • : - :.- : - - :• - . 16 2. 10% shall be allocated to the capital portion of a seed capital fund. . `: ` ":<:.:p «:: a . ` 17 3. 30% shall be allocated to direct g is .... ... � . ::r : �:. ; {ri .:.,:::::::::. ..... ......................... ::m::: r •:::: nr:.• •: :. •rxx:; • : nvr •:.i: {xn; {: : ivrr{. i:: ix{ m. Y: i{ r,. }} \.wi {.;. {r n,: n;:...;::.:.i :. : iYA:i ?:iti: }ii:`iY it {{: { {niiii:ii:::i .; { {:i' :':. {.:.i.. :.i.i'n;'. ' : ::: : r. {. :Y . : ...i. ; : ... ;n : .... .: ...:.. ' : ; . i ' .:� :: : .: {.:i {•:x: ;...:'• .::. 18 ::::: : ti ; :;:; .. ... :;...erne::::. 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Rettman V By; Thune Y 5 Gueri n Adopted by Council: Date Ste. _ ( �scty Form Approved by City Attorney 36 Adoption Certified by Council Secre ary By: 37 By: Ilk — - t..— _ , i - Approved by Mayor for Submission to 38 Approved by�'a — : Da -e f i , Council 4U By: � ' �Z' -C ._ By: ' �'! ' L. No 2 715 CONTACT Pl t DEPART/d eft DararOIOR E $TY COUNCIL CITY ATTO Y E3 CITY CLERK �. MUST BE ON COUNCIL AGEN $Y toare) supe T oitlearal Cj RN. & MGT. SERVICES DIR. This .resolu i$ <} u a ea © MAYOR(C3R ASSISTAFM 3 F � on 94- 1032 � 4� �' , ° (cup ' L {.vC5r0 #5 51DIN. At;T1ON REQUE8TEDs This resolution would aipear on the Cl. y Council . agendas . when resolution. 94-1032 is being heard. This resolution is not :a subst tuts resolution but ,a -Side-by-Side resolution' to enable discussions on the sales tax re italization •pfrni; ' r?rri!"P'F' irk it, ' Civie,l. P'' REeb t ATIONS: Approve (A) or Rated (R) ". AL SERVICE CEIMTR,A�TS T "iNE F Q , PLANNING L AISS _ dot. SERVICE COMNtismoN 1. Ibis persn . /firm &Yer worked a e for Efts GIIRIVPROPIT • YES NO CIB CMTTEE � 2. this person/firm ever been * city ? STAFF YES NO ' DISTRICT COURT $ a • tills person/firm possess a *5 not tiOntally possessed by any current City ? sUPpORTS W HICH COUNCL O9JEUTIVE3 YES NO + Ex MI yes answers on septic** ,attach tirgrsen, eheet item ki@ ISSUE. OPPASIT N VITY (VOL*, What, when, Where, WI Y): The sales tax proceeds are being co1le, ed. The portion- for naighlorhood revitalization: f)st hive a program resolution drafted and .opted before any proceeds may be disbursed. This rlution ,is to assist in the di- ussiott process. ADVANTAGES lf OtVBD: D ISADVANTAt ¢ tP DISADWANTAGES IF NOT APPAOVED: TOTAL AMOUNT OF,TRAN8ACTION- S COST,REVENUE etUD$1( D (CIRCLE ONE) YES aA ' = FUNDING SOURCE ACTIVITY suriegaR FINANCIAL INFORMATION: (EXPLAIN) GITY CU CITY F ►SAINT PAUL a sro: A C, OFFIC 0 TH • ITY COUNCIL 9 y _ (, a r • 2 834 DAVE THUNE RECEIVED CHARLES REPKE Council President Legislative Aide MEMORANDUM BARBARA BENSON ja 2 5 J 1994 Legislative Secretary July 22, 1994 MICHAEL HARRIS TO: All Interested Partie • FROM: Dave Thune, Preside t, Saint Paul City Cou it RE: Neighborhood Reinv stment Fund Listed below is the projected sche ule for the City Council's discussions on the One -half Cent Sales Tax Neighborhood Re talization Program: WEDNESDAY AUG T 1994: PROGRAM GUIDELINES 1. ELIGIBILITY - Applicants, Geographic Areas, Types of Projects, Programs and Strategies, Eligible Expense . 2. PROGRAM OBJECTIVES - Overall Objectives. WEDNESDAY AUGUST 1 1994: ALL • CATION PROCESS 1. Flexible vs. Fixed Percenta y - (Loans /Grants). 2. Selection Process. 3. Eligibility and Selection Cri eria. 4. Bonus Credit. 5. Program Development and mplementation. WEDNESDAY AUGUST 31 1994: PUBLIC HEARING WEDNESDAY SEPTEMBER 7 1'94: ADOPT RE OLUTION. CITY HALL SUITE 310B SAINT PAUL, MINNESOTA 55102 612/266 -8620 5 . ' . 46 Printed on Recycled Paper Ia9 Councilmember Mike Harris Additional language for Sales Tax solution #94 -1127, Page 2: BE IT FURTHER RES 1' LVED, that eligibility regarding the use of the neighborhood sales tax funds shall •e defined as follows: * Eligible applicants are any • blic, private, or non - profit entities, which are located within or do business within the City of Saint Paul. :• :• ::: {•}'•:.x:}r. {.x...: }x :•:...; .;t.}xv}r. }:.., . +.+, xF • } }} }k:ax+}ym}:tvc> + »xm}w,,:.• .:. : • x +^:..:.}}y.. };,.,x:. •• wa }}•r,:.}.};t{,•:A:•tn;•s:•}.::x •;; x�:;, y}}} ',...^yc, >,::::.r�� >r�ab^•R:�:: >x.m »:a.Nx:?.'.. ..'�{.+: +••,•..'».:^?i'•�'•: v: Ln'+'} l: Tn•}}: O} i} x..}}: 4i v:•}}' r:} k x+ ww x:• i:{•:L:v:•ii•:�i {av/rvv"':�:' {J 4\ J:{•: A 4}: iv{•}: iti:. J :�4:•:•i}i}::-0}:• }:F} .1:•f:•. \ d: 4.\•.•}: Av�++:.: n.. v:•. L: L:: A+ �Y. {.Nx}.v}h..�h- J.•inv .•::+•l.•+i:. et//y /y y -r l ' rz o -unolk? Council File # ji Green Sheet # • 1/5 RESOLUTION ITY OF • AINT PAUL, MINNESOTA Presented : L _� .Z.L Referred Coi ittee: Date RESOL i ON ESTABLISHING • � NEIGHBORHOOD S ES TAX REVITALIZ ON PROGRAM WHEREAS, Saint Paul neighborh . • I s are one of the ity's most important strengths, and the sales tax proceeds represent an extraordinary o • ' . rtunity to re • ize and invest in our neighborhoods, and WHEREAS, by resolution of the S.', t Paul City Council, "the net sales tax proceeds shall be allocated for Capital projects to further res' , ential, cu ral, commercial and economic development and that the intent of the City Council is that e prod:- • s be used in such a way that they have significant and positive economic impact, and are tar:. - ted at • uch efforts as supporting housing and commercial revitalization initiatives, tax generation thr ugho the city, and leveraging private investments. ", and WHEREAS, 50% of the proceeds o th= 1/2 cent sales tax are dedicated to investment in the neighborhoods of Saint Paul; and WHEREAS, the City Council pas : ' Resolution # determining the membership and duties of a board for the Neighborhood Sales Tax R:ltalization Program that will be appointed by the Mayor and approved by the City Council :::as th or a review tio1 four proposa s or u of :the 00011:01.04111#M101"1100.; *la ................. :...•v: •:: ...:::::: w:::w:::: •:::::::::v:::::::::::::::::n ::::::::: ::::::::::: •• :::::•::: ..: v?. }:. }::. }:• } }: } } } } } }: }•iY • }} }}:. }:•: ?. } } };. }.}v: } i:• } } } } }:•iY?•:• } } } }:..: } }:: '. } }:: :• }: ?4: ? ?• }:'• }:• }:• }: ?• tb . 5 $ } }S !�:•ib :. }. : : :..' .::;: iandiegit:.t :: :imii 'f .. ................ ..........: .. .....v..... r.rx....n.... ..v...... \... 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' : e • }' . ::eve€::::. }:: dO:::: ; ::: atl 11.:??.<T.he• }mod. w . a s . •d: >::.:::... t al ;: o:;the :::::::::::::::v •:�:::::::::: }::: ^}r: }}:: �F�4R1;ii�..:+} •r :.v.Y •. til • ?. .:fi.. n. ................ x:iiyr.UO: � ?tiii:.i}ri.:.illLkv} < :LL ? p:r :::: ••L.�.�.•iii:, ,.:.:.i::: ? ?:: }i :.....:: m::: .....:::�•::::::4::m::: }:::: }.v:.•.:�n•.w.x?v.?: ?.::::•: }.4.vi4•.6•. ?vF: ?v ....::: �'l.:•:v. ?r...... ..:.....v .. ::�; .. :• v: v:. w•n �.�w. v: �::. ... :: :: nv: n .. .... .:.::.vim.. �.wu.: :v:v .xrr.:: �}' ? }: % :.-••. v::::::..v,;v....iii }:'•iT'r •T>i: W: n: �::4:'•T'fiTf.• »i:�iii: ? ?.. mamas ..r.. .. :..v :.• :;.kit... T.•p: }: >i, o .T,3:;;....• v ..Y.,R, +.r, ?fr ?.; ...:::: •: }. .�\ ;%4.... pT... +}SY.• .vi.Y.�.....ry..r :......::::... .. }.............. .:::::. :::.:::::?:.}:.}:. i.? ?: . :. ?::: ?. }�:: :: . ?. }:.;.. }:ii .: ? ? : ?. }:.: ??.::.::.:.:; :. :;: : >r:: >: ;: ;: ::;:::::>:>: : >': >:::::::: >: >: >:<::: • •..:.:::; ' p l :: ... ..tt gh1 h .. :: . d•:add :i::.. ice€: ::::::obutrig meoc zd a dsls .• qq -U9 BE IT RESOLVED, that the City C • uncil establish the Neighborhood Sales ax Revitalization Program with the following general objec es; 1. Improve and /or stabilize housing st • k 2. Improve and /or stabilize local comm rcial and businesses 3. Leverage private improvement effo through use of sales tax nds 4. Fund projects or programs that resul in a high visual or . nomic impact within the identified project area 5. Promote creative use of coalitions . • imaginative de - lopment of strategies to address Saint Paul neighborhoods 6. Build community and neighborhood . pacity. 7. Build tax base 8. Create living wage jobs 9. Provide job training and; BE IT FURTHER RESOLVED, tha oI a e City Council and Mayor shall clearly and publicly state, and review as necessary, annual priorities or the use of sales tax funds in our neighborhoods. The initial priorities for the use of these funds all be: * Community Development - proj : hich are key to promoting health and well being of neighborhoods such as diversifi ho sing, attractive commercial business strips with ample parking, and an appealing physi . e vironment. * Business Growth - living wag= manu acturing and service sector job growth * NVERMOIPolluted Lan d Clean- - return blighted • real estate to productive uses which ' <' >':'ghbo ,.' r increase the commercial /industrial tax base svjgoo itiCoraliliiMAgirs::: Mt_ BE IT FURTHER RES VED, that eligibility regarding the use of the neighborhood sales tax funds shall be defined as follows: * Eligible applicants are any public, p vate, or non - profit entities, which are located within or do business within the City of Saint Pau . * Eligible areas for funding include all areas within the legal limits of the City of Saint Paul. 4i 4 - 1I r 1 * Any atrategY program, or ro' •:: k.., x :.:yr:.. ? :. ?: ?. },: ifiStiteptia is eligible for fun • • g. * Eligible expenses include .. f : V.' ` direct project costs of a capital pr • ect itgifiiNto ..:......... +rr?:f ti:•;•;{ :?r :•.•r,iN.:.?:\ ::0':0?:.k ; and BE IT FURTHER RESOL , that the City Council and M or shall clearly and publicly state, and review as necessary target allocation goals in ord; to provide careful and responsible stewardship of the funds f r now and for future genera + ons, and that the initial allocation goals shall be: 1. 60% shall be allocated to low ' terest loans which will ' - turn money to the neighborhoods again and al . • and will build a long- - rm, growing fund source for the future. This loan program, in rder to address loan eeds which can not be met through standard financial institution 1 ding programs, w' have a ` NNIMP tt y}};:.; };. }i. n 4 \.v •. ;�] y� .}�{Jy�!• #� �/� v} 1} }} ::n: ha;: .ti } : � +( };..•}}};:.. 4,}:•,:•}'•}:+' ?: }, } }}: : : : { . }�' ?.;. +•?s ?. i •::.:b }•y }: ?�'• }�'• r'.: a. � � i:lK0 + . }v}•:.; . • '' g.. -' • N T: M Vtbe n10,10. •• ` ' ro ': N{fi: }tT!.i a '} ?!.� Y•}:'. . Xs :.} ? /f,. M1•t. }: }�.? +;.;: •. } :'4 \'J`Y{'{�: +F..:: ?• :. y? i:• }:;2:i'. ;ti } , : •:Y:• }:}; \} . M1 . l ......... ... . . s w v' � terms . d conditions of the loans will be negotiated and ifor - ach individual r roposal. i? dd °: >.n neggij giti t owi t i litottommaingatiiittim gosidtatio42:ittatAmbijiltidt tatit :10 a ::' ::::add ::::to the :::::: ::............::.�:..:::::::... ... ...:..... .................. '.:::..v• +::::::;; ... +.; .....•. .::••::...........:: }: v:; •44 \:• } } }•:.: }: ?Y.,vm.: v. ? ?k::::: •:::: :w: ?.�::...::::v:::: ?'�':i'riiiiii: } } } } } ::: :r: :.�}.:;::: y. : x:. :::r {{{: :: .. x: �> p :�:yr?�.�v� •: :.. .,.; : ?::.:. ry'r ry':.:. }:::.:�. }:r: r' ;:: ::: {:::. '::.; }:. i " {:.:::: i y y , : � n > i' �• ..::: .y . { . ::::.. ::::::: }' :::: ni:.. r {; } }: . . . . r. }: .•..:: {:: A;::..u. : ,. .. y;• . ....:.... �... .. �::.. } �' :i: �. � : ii �:. ::: �. i' : }.'. '.. � . ::: .' : •.. }rbxti }:.:::.. ::':::i::i::i: 2. 10% shall be allocated to the c pital po ion of a seed capital fund. 3. 30% shall be allocated to direc grant r1:: ?k ..,,• };.,,.#..,.l,• :,• +,:: }, This allocation should be reflected in e o erall use of funds, not in every project. The overall allocation of funds shall b; ci ide with a competitive proposal process in which the best proposals are recommended •,‘ t e Board to the Council and Mayor for funding; and, BE IT FURTHER RESOLVE!, that the administration shall, by November 15, 1994 prepare program guidelines for alloca { 8 n of the funds and implementation of the program to be reviewed and approved by the City C • ncil which jogtmsgo outline the following and reflects the intent of this resolution: * a competitive open a • • 'cation process for proposals * general objectives a • • iteria for rating proposals :.' # <p :::�:::tble bo Riga {{.�{�i.�/�+ /�!��{{..�{{���� tX �V�gyf� J�+� yy��y ? ?. }: {. } }}:. "� :??. i': i: : 1t:}}: bi' i::::: i::: Yp : :i y i�::: y i:�:i::i + } }�:ry } } }: i}: n} �: ii :::::i::':i::i:::•Y': \:j::i: {: Ji::: usio ;1�7:c° 4 .'.. risen I fifil/.i;•::.s�up or •`t:p �:: Y.:;:: r • '.4'::::tii�a•/:::i 1C1iR:::. s .'`•::: '. 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Yeas N =vs Ab nt Requested by Department of: Blakey Grimm Guerin P1 Pl & E•• omic Development Harris lie Meqard Rettman i Thune BY: i.i�Wi • • Adopted by Council: Da a Form Approved by City Attorney Adoption Certified by uncil Secret y By: By: Approved by Mayor for Submission to Approved by Mayor: Date Counci yy By: By: Cib L,�.- 6 (< ___ — __- K:\SHARED\AWP\CERC\NEIGHRES.S12 Council File # OR3 Green Sheet # RESOLUTION CITY OF A INT PAUL, MINNESOTA fit presented ■ /I - Referred To C Date RESOL ION ESTABLISHING NEIGHBORHOOD SA ES TAX REVITALIZAT 'N PROGRAM WHEREAS, Saint Paul neighborhoo• s are one of the City s most important strengths, and the sales tax proceeds represent an extraordinary op! ortunity to revitali and invest in our neighborhoods, and WHEREAS, by resolution of the Sai t Paul City Co 4 ncil, "the net sales tax proceeds shall be allocated for capital projects to further resi ential, cultur.. , commercial and economic development and that the intent of the City Council is that t proceeds b used in such a way that they have significant and positive economic impact, and are tar a' ted at suc efforts as supporting housing and commercial revitalization initiatives, tax generation thru'ughout th; city, and leveraging private investments. ", and WHEREAS, 50% of the proceeds o the 1/ cent sales tax are dedicated to investment in the neighborhoods of Saint Paul; and WHEREAS, the City Council pass a esolution determining the membership and duties of a board for the Neighborhood Sales Tax Re .i ization Program that will be appointed by the Mayor and approved by the City Council; now BE IT RESOLVED, that the City ' huncil establish the Neighborhood Sales Tax Revitalization Program with the following general obj t es; 1. Improve and /or stablize housin, sto•!i 2. Improve and /or stabilize local com -rcial and businesses 3. Leverage private improvement effo through use of sales tax funds 4. Fund projects or programs that resu in a high visual or economic impact within the identified project area 5. Promote creative use of coalitions . d imaginative development of strategies to address Saint Paul neighborhoods .ORIGINAL 4-II(1 6. Build community and neighborhood • . pacity. 7. Build tax base 8. Create living wage jobs 9. Provide job training and; BE IT FURTHER RESOLVED, that the City Council and Mayor sh . clearly and publicly state, and review as necessary, annual priorities •r the use of sales tax funds in •ur neighborhoods. The initial priorities for the use of these funds s all be: * Community Development - projects hich are key to promotin: ealth and well being of neighborhoods such as diversified ho sing, attractive commerc' • business strips with ample parking, and an appealing physical e vironment. * Business Growth - living wage manu acturing and service sector job growth * Polluted Land Clean-up - return blig , ted real estate to •. oductive uses which increase the commercial /industrial tax base; and BE IT FURTHER RESOLVED, tha eligibility re:arding the use of the neighborhood sales tax funds shall be defined as follows: * Eligible applicants are any public, p vate, or on- profit entities which are located within or do business within the City of Saint Pa . * Eligible areas for funding include al i areas ithin the legal limits of the City of Saint Paul. * Any neighborhood focused strategy, rog :m, or project is eligible for funding. * Eligible expenses include direct proj t •sts of a capital project; and BE IT FURTHER RESOLVED, tha t e City Council and Mayor shall clearly and publicly state, and review as necessary, target allocation 1. . s in order to provide careful and responsible stewardship of the funds for now and for future gene . • •ns, and that the initial allocation goals shall be: 1. 60% shall be allocated to low inter loans which will return money to the neighborhoods again and again, and will build a long -te '� , growing fund source for the future. This loan program, in order to address loan needs which c. not be met through standard financial institution lending programs, will have an overall 20 % • ad debt allowance. Terms and conditions of the loans will be negotiated for each individual propo al. 2. 10% shall be allocated to the capital portion of a seed capital fund. 3.. 30% shall be allocated to direct grants. - _ L 7 3171'his allocation should be reflected in the overall use of funds, not in every project. —The overall allocation of funds shall be citywide with a competitive proposal process in which a best )proposals are recommended by the Board t4 the Council and Mayor for funding; and, 2 h BE IT FURTHER RESOLVED, that the administration shall, by October 1, 19 °4, prepare program guidelines for allocation of the fu s and implementation of the program • be reviewed and approved by the City Council which outlinethe following and reflects the intent , this resolution: * a competitive open application', process for proposals * general objectives and criteria for rating proposal * financial mechanisms for max' izing the use of funds (e. 1. packaging of loans for resale to increase the speed with which funds can be reinvested i ' the neighborhoods and possible fee generation for use in support f the sales tax program; possible matching levels and /or requirements for grant funds, d formulas which w• Id allow for potential success in the loan fund to be shared with th grant fund.) * sample applications and time 1 ne for the applica ' • n process Yeas Nays Abs Requested by Department of: Blakey Grimm Guerin Planning & Economic Development Harris Megard Rettman Thune By: Adopted by Council: Date Form Approved by City Attorney Adoption Certified by Council Secreta y By: By: Approve Mayor for Submi sion to Approved by Mayor: Date Counc' By: B • N =1) `1 H File 1 6/x91 Green Sheet RESOLUTION CITY OF '• AINT PAUL, MINNESOTA Presented By Referred To ' Committee: Date 1 2 RESOL ON IMPOSING SALES TAX 3 4 WHEREAS, the Laws of esota 1993, Chapter 375, ticle 9, Section 46 (the 5 e "Act ") authorizes the City of Saint 'aul to impose by resolution an additional sales tax of 6 up to 1/2 of 1% on sales transacts ns taxable pursuant to 'nnesota Statutes Chapter 7 297A, that occur within the city of aint Paul; and 8 9 WHEREAS, the City of Sal/ t Paul has heretof e adopted a resolution approving 10 the Act and declared its intent to ercise its autho under the Act; and 11 12 WHEREAS, it is necessary d desirable i ► order to fully exercise its authority 13 under the Act that the City impos effective A st 1, 1993, an additional sales tax 14 pursuant to the Act of 1/2 of 1% n sales tra ..actions taxable pursuant to Minnesota 15 Statutes, Chapter 297A, that occur within th - City of Saint Paul. 16 17 NOW, THEREFORE, BE I RESO VED, that effective August 1, 1993, there is 18 hereby imposed pursuant to Laws of ' 4.esota 1993, Chapter 375, Article 9, Section 46, 19 an additional sales tax of 1/2 of 1'o on ales transactions taxable pursuant to Minnesota 20 Statutes, Chapter 297A, that occur wit in the City of Saint Paul (the 'Tax "). Revenues 21 received from the Tax shall only b ed by the City for the purposes set forth in the 22 Act. 23 • 24 BE IT FURTHER RESOL D, that the Tax shall be reported and paid to the 25 Commissioner of Revenue of the ' tate, and be subject to the same penalties, interest, 26 and enforcement provisions im• os d under Minnesota Statutes, Chapters 289A and 27 297A. 28 29 BE IT FURTHER • OL D, that the appropriate officials of the City are 30 hereby authorized and dire ' ted to enter into appropriate agreements with the 31 Commissioner. of Revenue of the tate on behalf of the City as permitted under 32 Subdivision 4 of the Act. 33 34 BE IT FURTHE • RESOL D, that the Mayor with the approval of the City 35 Council, shall appoint • committe to be called the Citywide Economic Revitalization 36 (CER) Committee whi h shall co •ist of the following membership a1'� ya axrt•.. ..:a.^.! ^:••xxtca:o:• ...•rn:... •: •'S?d . . xcgQc , �, c! ecn • •, ; .c y !,�c�; ;r vps»::�xs@r•. ^^'' .. ,.'C,` c� { .�!i.� ,. `. a ach x a a d,a Ie S 37 east..net .mbe: e °1V t as #7 a> <fh: rxemerssbe >:Sant x:: ;:.a • R•< �. y ^• r.::; {:: • • s..« «. 38a :e5I4 #S 39 40 -2 representa es of district councils 41 2 representatives of nonpr. it development organizations 42 - 2 representatives of neighb'rhood business associations .43 2 individual business repre - ntatives Y 2 representatives of the cultural industry n ' 2 9 2 labor representatives _ I I a7 3 1 Planning Commissioners 4 1 CIB committee members • 5 1 economic development specialist or banker ke•xesentatFe7i a"S im ul 6 amuzipaimai 7 4 t for profit developers 8 41 other members of the ge eral community 9 10 The Mayor shall designate one of t i,e members to serve as a chair, . • ' the CER 11 Committee shall be staffed by the ID epartment of Planning and Eco' •mic Development 12 and the Budget Office. 13 • 14 BE IT FURTHER RESOL o D, that the CER Committ:- • will make 15 — recommendations to the City Coun• it for allocation of funds •nd additional guidelines 16 needed for the use of 50% of the n - t sales tax proceeds for . eighborhood economic 17 development activities, and will re ew and comment on r commendations for the use for 18 • of 10% of the net sales tax procee.. for the benefit of t - cultural industry. This process 19 shall operate according to the follo 'ng schedule: • 20 . • 21 1. The Mayor shall reco end appoint . - nts no later than August 30 OA, 22 1993, and the CER Committee shall o e convened no later than erre 23 merrth Eci - .2 '64 rafter the 'ity Council ap•roves 24 appointments to the comma tee der to ;ate.A. e 25 s d .dik N.1 e a °. prnva o t . ,. } p ^ '°,,,, 0 6• L ..$ C a , c }i # : fit h ,3 b r wR •."kto+4� t . {}r 26 appointees., =cop , es� of �a • } ..cataons g est1ng }:{ 27 appntinents gto heY }co �3ttee< shr tacecto the: <+t o4. Yw x + Sg:, w..a .,: a,7a R ,e3•,n}$,C,,,p • a A,, . its o+ A•,'mod. •2ab��rw.aDw. • ^'a'�2 be '' oawn, '<` r+std ... n .. ,; ..., 28 city Gounc�.�..<'me be , r eceipt ,;+. nom. he Nayor's tit. 3 !,.tttt«oc�RCayac<:�:000- 2ftiGw•. . ..S c... . :. ,.:., o: r. cwsiw.;:. vCi ;&Aaaaet,bsRads..,�cicad�ak'S 000 29 • O,f f> c:e. . 30 31 2. The CER Committ :c s all provide the City Council with 32 en interim repo t o December 17,, 1003, and a final 33 report, no late t -n april 1, 1994, dctailing • 34 recommended dcf i ions of eligible progazs and 35 projects and re•o mended guidcline3 and,procedure3 for 36 Illocution of f n:s. 37 • ,y.,....,,; ., c.;.. s , y..... .,.,r.,......,y. >:u,...,:sx:ce: •rr, . «a d , �e4 ••:n.:.f••�y^. ••:aersr. •: { +�ta�!,.;+.^Mm „�., <e:e!a> v++•nt ..y »•„}�!�+ 38 2' The CER Committ s1�al.1 prcv�,' er the Mayor ancW #th C� t 39 Councl with a; t epo rt 'before Decemb i5! {x ;1993 V 40 detail> ng recom ended d e.fsnit.ions of eiig.ib1eK ca p t t• z ✓ F o 8 9 a r} } .W ry n 41 programs •arnd p . 3 ectsftanc •'� r ecomm e T:19 -a } guide.l n e s , 4. and 9 tw } ! 2 >r {.:.•' <,b'}k•�l i"} y ?' { ,'},w'�t 9 "try: ' #d ':' + . 42 procedures, for , .lo catao of funds ..aTher c1 ty „co he l 43 shal3. revrievl de .nies,,,,and . r. es for:�a.11.odat t fl L .� , <... ^'f'+ ,. .. }�yy .c • ,# },@d.CS:n �`� b`�ass v . ,.acoafszS 44 ;of> :>f:unds,:< on..,.. .V- nua : • : .:. 46 BE IT FURTHE• R;SOLVED, that the net sales tax proceeds 47 be allocated for capi al trojects to further residential, 48 cultural, commercial -rid : conomic development and that the intent 49 to the City Council i.- th.t the proceeds be used in such a way 50 that they have significant and positive economic impact, and are • 51 targeted at such efforts •s supportin housing and commercial 52 revitalization initiative aridta enema'% n throughout the 53 city, and leveraging priv•t investments. 54 55 BE IT FURTHER R SOLVED, that 40% of the sales tax 56 proceeds shall be allocated for the issuance of bonds for Civic 57 Center renovation, except that the aggregate principal amount of 1 bonds which can be issued for the Civic Center project shall not J2 _ exceed $65 million, pursu-' t to Laws of Minnesota 1993, Chapter 3 375, Article 9, Section 4.. The Mayor shall recommend and the 4 Effie City Council shall do• rminc the amount of bonding authority 5 Ed issued from such sa -s tax proceeds "a IRm s: a ic 9 oxyry»e wN?p } rw ..ua.R.s^. » ",..,Ota,.:'.wow.cosa'oM' ., . xn )tica t xa,.•'v 6 r o n � enue gener . a after the fol lowing step have been 7 t aken: 8 9 1. The Civic Cente Authority shall present heir proposed 10 expansion and r= iodeling project to the ayor and the 11 City Council fo review. 12 13 2. Staff from the • epartment of Plannin. and Economic 14 . Development sha 1 evaluate the Civi• Center proposal in 15 the context of •he City's downtown economic development 16 goals, and revi= the scope of wo• to be done. 17 , 18 3. The Budget Off i•e and Departmen of Finance and 19 Management Serv'ces, the Budget Office, the Office of 20 Licensing, Insp= ction, and Env ronmental Protection, 21 and the Departm:► of Plannin' and Economic Development 22 shall review th proposed process for managing the 23 design and cons• uction phas -s of the project. The 24 process shall i elude regul.r reports from the design 25 and constructio phases of the project. The process 26 shall include r :•ular rep• is from the design and 27 construction pr•fessiona to representatives of these 28 city department- a . < Cat ounc ' . 29 30 BE IT FURTHER RaSOLVED that nothing in this resolution 31 or Resolution No. 93 -754 -hall •e construed as intending to limit • 32 the right of the city to ake s ch covenants for bonds issued td 33 finance any project from • e T =x of debt service on the bonds 34 provided that the amount .f bonds issued is consistent with the 35 allocation of net sales t.x • oceeds contained in this 36 resolution. Ai Yeas Nays r I Requested by Department of: Grimm __,, Guerin .� Lona _� Maccabee .,- Rettman :,-- Th un a _, Wilson ,. By: Adopted by Council: Date J N 2 9 ''1993 Form Appr Q by City At 9rney ,,,,R Adoption Certified by Counci Secret -.y By: ,,,////`..%/< By: L %i ^�'� • ..:21 9 � ' Approv Mayor f submission to Approved by Mayor: Date JUL 1993 Council Y.1; . , ;. �c l i By: • 1/6:,: A 4".' B y : :/ ;/