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