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97-1323� �r.e.r.�„�, , r � `t �� °��( RESOLUTION SAINT PAUL, MINNESOTA Preserdetl By: Referred To: Council Pile # �' � O" � GreenSheet# 67127 Committee: Date + 1NHEREAS, the City of Saint Paul, the Civic Center Authority and the Minnesota Hockey Ventures Group have z executed a binding letter of intent dated May 28, 1997 whereby fhe City has agreed to aUow the Team to s demolish the existing arena, to design and construct a new arena, and to lease the arena on terms consisteM a with those set forth in the term sheet; and 6 WHEREAS, the parties agreed in the fetter of intent dated May 28, 1997 to negotiate in good faith the terms of a � lease and that a draft of the proposed lease has been delivered by the City to the Minnesota Hockey Ventures s Group; and �o WHEREAS, it is contemplated in the proposed lease that the monetary contributions to be made by the City �i and the Minnesota Hockey Ventures Group to the demolition of the existing arena and the construction of the �z new arena wilf not be made until 1998, but prior to that date the pafies wifi be incurring certain costs for the project ,s and the parties desire to provide a means of payment of these costs up to the time that ,a contributions are made pursuant to and disbursed in accordance with the proposed lease; and is ie �o�r,r,the-Eitq'ssharebffheti�sEsbet�veerrnawatfd�DeeembeF��F;9997� ,7 is 19 Zo 1997 budget: zi u 23 za FINANCING PLAN: zs Department of zs Division z� GL 001 00000 9830 Use of Fund Balance za All Other Fund Financing zs so SPENDING PLAN: aa DepaRment of as Division Curtent Budget 1,713,312 150,936,915 151,850,227 aa GL 001 00110 0219 Other Professional Service 0 aa All Other Fund Spending 151,850,227 as 151,850,227 36 Amended Change Budget 375,000 2,088,312 0 150,136,915 375,000 152.225,227 375,000 375,000 0 151,850,227 375 000 152,225 227 a� RESOLVED, that the City Council approves these changes to the 1997 budget. 38 Adoption Certified by Council Secretary: Requested by DepaRment of: Financial Services Office - Budget Section By: Joe Reid By: Form Recommended by Bu� �. I�-�— BY-��s,� � rv—:� ��Y��.��U� Approved 6y yor fo Submission to Council: Approved by Mayor. Date j� 22�4 � BY �` ��� �� BY• ' SuntPaWF304�MgelSectlenlH.\PdephMAYGTK�Nk_�eigs� HCKYJ�OV .WK6) M1OItSRT � Adopted by Council: Date -�� \� �a,�'� ��,,,�,o�,���,�� oA��,�,.,,� q •� ��y3 F���s�s���or�� 10-27-97 GREEN SHEET NO. 61127 OMAGTPERSON&PHONE O DEPAR'IT4]JID O4 C[fYCOUNCQ. JoeReid 26b-8543 M ��, Di cavnrrowvtv lo' O�.� y � J � NSTBEONCOUNCp,AGENDABY(DA'ik) � �1 BUDGEfD1AF.CIDR � FRI.ffiMGl'.SERVICESDIR �/ lT�. t O 3 AIAYOA<ORASSISIANn � CfI�FACCOUNlAN[_ SIGNA'I'ORE PAGES ALL IACATIONS FOR Approval of a Council Resolution to fund the City's 1997 portion of the costs for ffie desi�t and construcfion of a new arena. (A)orH jaa(R7 THE FOLLOR'ING QIIESIYONS: CrvII,SeRV`CECO�ws5I0x 1.Hasthispersodfumeverworkedwderawntractfmthisdepartment? YES NO _ 2. Haz this pecsoolfum evu bcen a citY employce? _ Y£S NO �nvE? 3. Dces this persoNfvm possess a sldll not noimally possesudby any cuaent city employee? YES NO and attach to IA'R[JG PROBLFM, ISSL'E, OPPORNMIY (Nbo, Whm, Whm, Where, Wlry): e City and the Mmnesota Hockey Ventures Group desire to provide a means for payment of the 1997 costs a new RiverCentre azena. Funds will be available to fund the costs that will be incurred for the arena lease preparation and design costs of the arena before the issuance of bonds. None, The City will not be able to pay its share of the costs incurred in 1997. tv�r,xcw.weoxiwanox� �iaw� $ 375 U�0 cosrmev�,wea`mcECm�cmc�.ewie� � xo General Fund a��,�� GL - �01 - �0�00 - Sai�kPauIF50budget5ection�H:111tleptrlCNCTR116k resgs� HCKY�DV .WKd) iN15/9] Delete lines 16-17 in CR-97-1323 Substitute the following: ,,, � ,e '�`'� � ���`� WHEREAS, as provided by this resolution, the City's shaze of all project costs incurred through December 31, 1997, will be reimbursed to fund balance in 1998 upon the acquisition of a temporary or permanent financing source for the City's shaze ofthe project costs; and � �r.e.r.�„�, , r � `t �� °��( RESOLUTION SAINT PAUL, MINNESOTA Preserdetl By: Referred To: Council Pile # �' � O" � GreenSheet# 67127 Committee: Date + 1NHEREAS, the City of Saint Paul, the Civic Center Authority and the Minnesota Hockey Ventures Group have z executed a binding letter of intent dated May 28, 1997 whereby fhe City has agreed to aUow the Team to s demolish the existing arena, to design and construct a new arena, and to lease the arena on terms consisteM a with those set forth in the term sheet; and 6 WHEREAS, the parties agreed in the fetter of intent dated May 28, 1997 to negotiate in good faith the terms of a � lease and that a draft of the proposed lease has been delivered by the City to the Minnesota Hockey Ventures s Group; and �o WHEREAS, it is contemplated in the proposed lease that the monetary contributions to be made by the City �i and the Minnesota Hockey Ventures Group to the demolition of the existing arena and the construction of the �z new arena wilf not be made until 1998, but prior to that date the pafies wifi be incurring certain costs for the project ,s and the parties desire to provide a means of payment of these costs up to the time that ,a contributions are made pursuant to and disbursed in accordance with the proposed lease; and is ie �o�r,r,the-Eitq'ssharebffheti�sEsbet�veerrnawatfd�DeeembeF��F;9997� ,7 is 19 Zo 1997 budget: zi u 23 za FINANCING PLAN: zs Department of zs Division z� GL 001 00000 9830 Use of Fund Balance za All Other Fund Financing zs so SPENDING PLAN: aa DepaRment of as Division Curtent Budget 1,713,312 150,936,915 151,850,227 aa GL 001 00110 0219 Other Professional Service 0 aa All Other Fund Spending 151,850,227 as 151,850,227 36 Amended Change Budget 375,000 2,088,312 0 150,136,915 375,000 152.225,227 375,000 375,000 0 151,850,227 375 000 152,225 227 a� RESOLVED, that the City Council approves these changes to the 1997 budget. 38 Adoption Certified by Council Secretary: Requested by DepaRment of: Financial Services Office - Budget Section By: Joe Reid By: Form Recommended by Bu� �. I�-�— BY-��s,� � rv—:� ��Y��.��U� Approved 6y yor fo Submission to Council: Approved by Mayor. Date j� 22�4 � BY �` ��� �� BY• ' SuntPaWF304�MgelSectlenlH.\PdephMAYGTK�Nk_�eigs� HCKYJ�OV .WK6) M1OItSRT � Adopted by Council: Date -�� \� �a,�'� ��,,,�,o�,���,�� oA��,�,.,,� q •� ��y3 F���s�s���or�� 10-27-97 GREEN SHEET NO. 61127 OMAGTPERSON&PHONE O DEPAR'IT4]JID O4 C[fYCOUNCQ. JoeReid 26b-8543 M ��, Di cavnrrowvtv lo' O�.� y � J � NSTBEONCOUNCp,AGENDABY(DA'ik) � �1 BUDGEfD1AF.CIDR � FRI.ffiMGl'.SERVICESDIR �/ lT�. t O 3 AIAYOA<ORASSISIANn � CfI�FACCOUNlAN[_ SIGNA'I'ORE PAGES ALL IACATIONS FOR Approval of a Council Resolution to fund the City's 1997 portion of the costs for ffie desi�t and construcfion of a new arena. (A)orH jaa(R7 THE FOLLOR'ING QIIESIYONS: CrvII,SeRV`CECO�ws5I0x 1.Hasthispersodfumeverworkedwderawntractfmthisdepartment? YES NO _ 2. Haz this pecsoolfum evu bcen a citY employce? _ Y£S NO �nvE? 3. Dces this persoNfvm possess a sldll not noimally possesudby any cuaent city employee? YES NO and attach to IA'R[JG PROBLFM, ISSL'E, OPPORNMIY (Nbo, Whm, Whm, Where, Wlry): e City and the Mmnesota Hockey Ventures Group desire to provide a means for payment of the 1997 costs a new RiverCentre azena. Funds will be available to fund the costs that will be incurred for the arena lease preparation and design costs of the arena before the issuance of bonds. None, The City will not be able to pay its share of the costs incurred in 1997. tv�r,xcw.weoxiwanox� �iaw� $ 375 U�0 cosrmev�,wea`mcECm�cmc�.ewie� � xo General Fund a��,�� GL - �01 - �0�00 - Sai�kPauIF50budget5ection�H:111tleptrlCNCTR116k resgs� HCKY�DV .WKd) iN15/9] Delete lines 16-17 in CR-97-1323 Substitute the following: ,,, � ,e '�`'� � ���`� WHEREAS, as provided by this resolution, the City's shaze of all project costs incurred through December 31, 1997, will be reimbursed to fund balance in 1998 upon the acquisition of a temporary or permanent financing source for the City's shaze ofthe project costs; and � �r.e.r.�„�, , r � `t �� °��( RESOLUTION SAINT PAUL, MINNESOTA Preserdetl By: Referred To: Council Pile # �' � O" � GreenSheet# 67127 Committee: Date + 1NHEREAS, the City of Saint Paul, the Civic Center Authority and the Minnesota Hockey Ventures Group have z executed a binding letter of intent dated May 28, 1997 whereby fhe City has agreed to aUow the Team to s demolish the existing arena, to design and construct a new arena, and to lease the arena on terms consisteM a with those set forth in the term sheet; and 6 WHEREAS, the parties agreed in the fetter of intent dated May 28, 1997 to negotiate in good faith the terms of a � lease and that a draft of the proposed lease has been delivered by the City to the Minnesota Hockey Ventures s Group; and �o WHEREAS, it is contemplated in the proposed lease that the monetary contributions to be made by the City �i and the Minnesota Hockey Ventures Group to the demolition of the existing arena and the construction of the �z new arena wilf not be made until 1998, but prior to that date the pafies wifi be incurring certain costs for the project ,s and the parties desire to provide a means of payment of these costs up to the time that ,a contributions are made pursuant to and disbursed in accordance with the proposed lease; and is ie �o�r,r,the-Eitq'ssharebffheti�sEsbet�veerrnawatfd�DeeembeF��F;9997� ,7 is 19 Zo 1997 budget: zi u 23 za FINANCING PLAN: zs Department of zs Division z� GL 001 00000 9830 Use of Fund Balance za All Other Fund Financing zs so SPENDING PLAN: aa DepaRment of as Division Curtent Budget 1,713,312 150,936,915 151,850,227 aa GL 001 00110 0219 Other Professional Service 0 aa All Other Fund Spending 151,850,227 as 151,850,227 36 Amended Change Budget 375,000 2,088,312 0 150,136,915 375,000 152.225,227 375,000 375,000 0 151,850,227 375 000 152,225 227 a� RESOLVED, that the City Council approves these changes to the 1997 budget. 38 Adoption Certified by Council Secretary: Requested by DepaRment of: Financial Services Office - Budget Section By: Joe Reid By: Form Recommended by Bu� �. I�-�— BY-��s,� � rv—:� ��Y��.��U� Approved 6y yor fo Submission to Council: Approved by Mayor. Date j� 22�4 � BY �` ��� �� BY• ' SuntPaWF304�MgelSectlenlH.\PdephMAYGTK�Nk_�eigs� HCKYJ�OV .WK6) M1OItSRT � Adopted by Council: Date -�� \� �a,�'� ��,,,�,o�,���,�� oA��,�,.,,� q •� ��y3 F���s�s���or�� 10-27-97 GREEN SHEET NO. 61127 OMAGTPERSON&PHONE O DEPAR'IT4]JID O4 C[fYCOUNCQ. JoeReid 26b-8543 M ��, Di cavnrrowvtv lo' O�.� y � J � NSTBEONCOUNCp,AGENDABY(DA'ik) � �1 BUDGEfD1AF.CIDR � FRI.ffiMGl'.SERVICESDIR �/ lT�. t O 3 AIAYOA<ORASSISIANn � CfI�FACCOUNlAN[_ SIGNA'I'ORE PAGES ALL IACATIONS FOR Approval of a Council Resolution to fund the City's 1997 portion of the costs for ffie desi�t and construcfion of a new arena. (A)orH jaa(R7 THE FOLLOR'ING QIIESIYONS: CrvII,SeRV`CECO�ws5I0x 1.Hasthispersodfumeverworkedwderawntractfmthisdepartment? YES NO _ 2. Haz this pecsoolfum evu bcen a citY employce? _ Y£S NO �nvE? 3. Dces this persoNfvm possess a sldll not noimally possesudby any cuaent city employee? YES NO and attach to IA'R[JG PROBLFM, ISSL'E, OPPORNMIY (Nbo, Whm, Whm, Where, Wlry): e City and the Mmnesota Hockey Ventures Group desire to provide a means for payment of the 1997 costs a new RiverCentre azena. Funds will be available to fund the costs that will be incurred for the arena lease preparation and design costs of the arena before the issuance of bonds. None, The City will not be able to pay its share of the costs incurred in 1997. tv�r,xcw.weoxiwanox� �iaw� $ 375 U�0 cosrmev�,wea`mcECm�cmc�.ewie� � xo General Fund a��,�� GL - �01 - �0�00 - Sai�kPauIF50budget5ection�H:111tleptrlCNCTR116k resgs� HCKY�DV .WKd) iN15/9] Delete lines 16-17 in CR-97-1323 Substitute the following: ,,, � ,e '�`'� � ���`� WHEREAS, as provided by this resolution, the City's shaze of all project costs incurred through December 31, 1997, will be reimbursed to fund balance in 1998 upon the acquisition of a temporary or permanent financing source for the City's shaze ofthe project costs; and