97-1523� ° Council File # 4�l - 15Z3
�1M e�� �� ,' a ��� f Ct r7 Green Sheet # CooZ �� �
� " l
RESOLU7fON
C OF AINT PAUL, MINNESOTA Z'
�
PreseMed By
Referred To Committee: Date
RESOLUTION APPROVING AND AUTHORIZING EXECUTION OF AN
ARENA LEASE, HOCKEY PLAYING AGREEMENT AND
DISBURSING AGREEMENT IN CONNECTION WITH
THE ARENA PROJECT
WAEREAS:
1. Pursuant to Laws of Minnesota, 1967, Chapter 459, as
amended, the Civic Center Authority (the "Authority") was created
as an agency of the City of Saint Paul (the "City"), and given
the power to, among other things, build, equip, maintain and
operate a civic center complex, now known as the RiverCentre
Complex, which includes an arena (the "Existing Arena").
'� 16 2. The City, the Authority, the Housing and Redevelopment
17 Authority of the City of Saint Paul (the "HRA") and Minnesota
18 Hockey Ventures Group, LP (the "Tenant") have hereto agreed to
19 the terms of an Amended and Restated Term Sheet dated as of
2� May 28, 1997 (the "Term Sheet") which evidences the binding
21 agreement of the City, Authority, HRA and Tenant to construct and
22 finance a new arena to replace the Existing Arena in order to
23 accommodate a professional NHL hockey team owned by the Tenant
24 (the "Team").
3. Pursuant to the Term Sheet, the Tenant agreed to
contribute at least $35,000,000 (the "Tenant Contribution") to
the costs of the demolishing the Existing Arena and constructing
and equipping the Arena (collectively, the "Project"), and the
City agreed to contribute $30,000,000 (the "City Contribution")
to the costs of the Project. `
�- �e.� c��wcU.meh� -�c.ir cev`nev�d.mer�.�'r-
4. The City and the Tenant anticipate that the remaining
costs of the Project will be funded by a grant from the State of
Minnesota (the "State Grant").
5. In order to implement the provisions of the Term Sheet,
the following documents have been prepared and submitted to the
City Council:
�
� 1z-�i
371219.2
q�-� sa 3
Amendment to Council File # 97 - 1523, Crreen Sheet # 62180
New � _ _ -�----
�iY�/Ye�-�
� 3(a) Tbat pursuant to fitrther negotiations and clarificafion of the Term Sheet, it is the City of
Saint Paul City Council directive that the Director of Pla.uning and Economic
Development pursue the following terms:
1) Charitable Contributions: that the tenant or its charitable foundation will make annual
Arena Year contributions equal to the average percentage of gross revenue contributions
made by five NHL teams with similaz market venues as the City of 5aint Paul.
2) Hazardous Substance: that the City of Saint Paul will make the submission of a grant
request for the costs of abatement of Hazardous Substances in the Existing Arena a City
priority only for the first cycle of grant requests in 1998.
9'I-�sa3
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(a) an Arena Lease by and among the City, the
Authority and Tenant (the "Arena Lease") which sets forth
the rights and obligations of the City, the Authority and
Tenant with respect to the demolition of the Existing Arena
and the design and construction of the new arena and the
leasing of the same to the Tenant;
(b) a Disbursing Agreement by and between, among
others, the City and the Tenant (the "Disbursing Agreement")
setting forth the terms and conditions under which the City
Contribution, Tenant Contribution and State Grant will be
disbursed to pay costs of the Project;
(c) a Hockey Playing Agreement by and between the City
and Tenant (the "Hockey Playing Agreement") pursuant to
which the Tenant agrees that the Team will play all its NHL
Home Games (as defined in the Hockey Playing Agreement) at
the Arena.
The above documents, together with all exhibits thereto, are
collectively referred to as the Project Documents.
RESOLVED:
1. The City Council hereby approves Project Documents in
substantially the forms submitted and authorizes the Mayor,
Clerk, Director, Department of Planning and Economic Development
and Director, Office of Financial Services (the "Authorized
Officers") to execute the Project Documents. Any other documents
and certificates necessary to the transaction described above
shall be executed by the Authorized Officers. In the event of
the disability or the resignation or other absence of any of the
Authorized Officers, such other officers who may act in their
behalf shall without further acC or authorization of the City be
deemed for purposes of this Resolution as such Authorized
Officers and shall do all things and execute al1 instruments and
documents required to be done or to be executed by such absent or
disabled officials. The approval hereby given to the Project
Documents includes approval of such additional details therein as
may be necessary and appropriate and such modifications thereof,
deletions therefrom and additions thereto as may be necessary and
appropriate and approved by the Director, DeparCmenC of Planning
and Economic Development and the City Attorney; and said
individuals are hereby authorized to approve said changes on
behalf of the City. The execution of any instrument by the
Authorized Officers of the City herein authorized shall be
conclusive evidence of the approval of such document in
accordance with the terms hereof.
371219.2
j� )2--tl���
�l'? -15�3
1 2. The authority to approve future amendments to Project
2 Documents i5 hereby delegated to the Director, Department of
3 Planning and Economic Development subject to the following
4 conditions: (a) such amendments do not materially adversely
5 affect the interests of the City, and (b) such amendments are
6 acceptable in form and substance to such officers, the City
7 Attorney and any other counsel retained by the City to review
8 such amendments. Any amendments shall be executed by the
9 Authorized Officers described in paragraph 1 hereof.
Requested by Department of:
� t a
Adopted by Council: Date a 1`l
Adoption Certified by Council
��s:7r �Sa��..;�-v , __
I ,
•..�. -: . _,. �_ -
�
�
� / ,, �,� / /
Form ��proved b City Attorney
B �,, � �2 -l(- J
Approved by Ma r for Submission to
Council
g . G�-�
377219.2
GREEN SHEET
Councilmember'fiYi�e-. '
December 17, 1997
TOTAL # OF StGNATURE PAGES
o¢+�rt�ar owECroa
°t'1-1s�3
No 62180
�
rnrca.ca
❑ an�nopkv ❑ urracnK __
� wuxon�aEnv¢ESme ❑ raw�rw.aaevi.ccro
❑ WvORioRAimlAMn ❑ �
{CLIP AI,L LOCATIONS FOR SIONATURE)
( Approving and authorizing execution of an azena lease, hockey playing agreement and disbursing agreement in connection
with the azena project.
PIANNIWG COMMISSION
CIB COMMITTEE
CIVIL SERVICE COMMISSION
r� tn� r+���� �»�ea �oder a aont�� r« u,�c aea�e�n
YES NO
Fias thie PewoNfirm a�er been a city empbyce4
YES NO
DoecMis Pe+�� P� a sW71 rwt ndmal�YP� M anY cu�rent ci1Y empbyee7
YES NO
k ihia pelsoM6xn a tar9�ed ventla?
VEB t�
S
SOURCE
�3T/REVENUE BUDGETm (CIRCLE ON�
ncrnm �nn�sEn
�
i�� v �
��� �
YE$ NO
INf-0RMATON (E%PIAIN)
� ° Council File # 4�l - 15Z3
�1M e�� �� ,' a ��� f Ct r7 Green Sheet # CooZ �� �
� " l
RESOLU7fON
C OF AINT PAUL, MINNESOTA Z'
�
PreseMed By
Referred To Committee: Date
RESOLUTION APPROVING AND AUTHORIZING EXECUTION OF AN
ARENA LEASE, HOCKEY PLAYING AGREEMENT AND
DISBURSING AGREEMENT IN CONNECTION WITH
THE ARENA PROJECT
WAEREAS:
1. Pursuant to Laws of Minnesota, 1967, Chapter 459, as
amended, the Civic Center Authority (the "Authority") was created
as an agency of the City of Saint Paul (the "City"), and given
the power to, among other things, build, equip, maintain and
operate a civic center complex, now known as the RiverCentre
Complex, which includes an arena (the "Existing Arena").
'� 16 2. The City, the Authority, the Housing and Redevelopment
17 Authority of the City of Saint Paul (the "HRA") and Minnesota
18 Hockey Ventures Group, LP (the "Tenant") have hereto agreed to
19 the terms of an Amended and Restated Term Sheet dated as of
2� May 28, 1997 (the "Term Sheet") which evidences the binding
21 agreement of the City, Authority, HRA and Tenant to construct and
22 finance a new arena to replace the Existing Arena in order to
23 accommodate a professional NHL hockey team owned by the Tenant
24 (the "Team").
3. Pursuant to the Term Sheet, the Tenant agreed to
contribute at least $35,000,000 (the "Tenant Contribution") to
the costs of the demolishing the Existing Arena and constructing
and equipping the Arena (collectively, the "Project"), and the
City agreed to contribute $30,000,000 (the "City Contribution")
to the costs of the Project. `
�- �e.� c��wcU.meh� -�c.ir cev`nev�d.mer�.�'r-
4. The City and the Tenant anticipate that the remaining
costs of the Project will be funded by a grant from the State of
Minnesota (the "State Grant").
5. In order to implement the provisions of the Term Sheet,
the following documents have been prepared and submitted to the
City Council:
�
� 1z-�i
371219.2
q�-� sa 3
Amendment to Council File # 97 - 1523, Crreen Sheet # 62180
New � _ _ -�----
�iY�/Ye�-�
� 3(a) Tbat pursuant to fitrther negotiations and clarificafion of the Term Sheet, it is the City of
Saint Paul City Council directive that the Director of Pla.uning and Economic
Development pursue the following terms:
1) Charitable Contributions: that the tenant or its charitable foundation will make annual
Arena Year contributions equal to the average percentage of gross revenue contributions
made by five NHL teams with similaz market venues as the City of 5aint Paul.
2) Hazardous Substance: that the City of Saint Paul will make the submission of a grant
request for the costs of abatement of Hazardous Substances in the Existing Arena a City
priority only for the first cycle of grant requests in 1998.
9'I-�sa3
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(a) an Arena Lease by and among the City, the
Authority and Tenant (the "Arena Lease") which sets forth
the rights and obligations of the City, the Authority and
Tenant with respect to the demolition of the Existing Arena
and the design and construction of the new arena and the
leasing of the same to the Tenant;
(b) a Disbursing Agreement by and between, among
others, the City and the Tenant (the "Disbursing Agreement")
setting forth the terms and conditions under which the City
Contribution, Tenant Contribution and State Grant will be
disbursed to pay costs of the Project;
(c) a Hockey Playing Agreement by and between the City
and Tenant (the "Hockey Playing Agreement") pursuant to
which the Tenant agrees that the Team will play all its NHL
Home Games (as defined in the Hockey Playing Agreement) at
the Arena.
The above documents, together with all exhibits thereto, are
collectively referred to as the Project Documents.
RESOLVED:
1. The City Council hereby approves Project Documents in
substantially the forms submitted and authorizes the Mayor,
Clerk, Director, Department of Planning and Economic Development
and Director, Office of Financial Services (the "Authorized
Officers") to execute the Project Documents. Any other documents
and certificates necessary to the transaction described above
shall be executed by the Authorized Officers. In the event of
the disability or the resignation or other absence of any of the
Authorized Officers, such other officers who may act in their
behalf shall without further acC or authorization of the City be
deemed for purposes of this Resolution as such Authorized
Officers and shall do all things and execute al1 instruments and
documents required to be done or to be executed by such absent or
disabled officials. The approval hereby given to the Project
Documents includes approval of such additional details therein as
may be necessary and appropriate and such modifications thereof,
deletions therefrom and additions thereto as may be necessary and
appropriate and approved by the Director, DeparCmenC of Planning
and Economic Development and the City Attorney; and said
individuals are hereby authorized to approve said changes on
behalf of the City. The execution of any instrument by the
Authorized Officers of the City herein authorized shall be
conclusive evidence of the approval of such document in
accordance with the terms hereof.
371219.2
j� )2--tl���
�l'? -15�3
1 2. The authority to approve future amendments to Project
2 Documents i5 hereby delegated to the Director, Department of
3 Planning and Economic Development subject to the following
4 conditions: (a) such amendments do not materially adversely
5 affect the interests of the City, and (b) such amendments are
6 acceptable in form and substance to such officers, the City
7 Attorney and any other counsel retained by the City to review
8 such amendments. Any amendments shall be executed by the
9 Authorized Officers described in paragraph 1 hereof.
Requested by Department of:
� t a
Adopted by Council: Date a 1`l
Adoption Certified by Council
��s:7r �Sa��..;�-v , __
I ,
•..�. -: . _,. �_ -
�
�
� / ,, �,� / /
Form ��proved b City Attorney
B �,, � �2 -l(- J
Approved by Ma r for Submission to
Council
g . G�-�
377219.2
GREEN SHEET
Councilmember'fiYi�e-. '
December 17, 1997
TOTAL # OF StGNATURE PAGES
o¢+�rt�ar owECroa
°t'1-1s�3
No 62180
�
rnrca.ca
❑ an�nopkv ❑ urracnK __
� wuxon�aEnv¢ESme ❑ raw�rw.aaevi.ccro
❑ WvORioRAimlAMn ❑ �
{CLIP AI,L LOCATIONS FOR SIONATURE)
( Approving and authorizing execution of an azena lease, hockey playing agreement and disbursing agreement in connection
with the azena project.
PIANNIWG COMMISSION
CIB COMMITTEE
CIVIL SERVICE COMMISSION
r� tn� r+���� �»�ea �oder a aont�� r« u,�c aea�e�n
YES NO
Fias thie PewoNfirm a�er been a city empbyce4
YES NO
DoecMis Pe+�� P� a sW71 rwt ndmal�YP� M anY cu�rent ci1Y empbyee7
YES NO
k ihia pelsoM6xn a tar9�ed ventla?
VEB t�
S
SOURCE
�3T/REVENUE BUDGETm (CIRCLE ON�
ncrnm �nn�sEn
�
i�� v �
��� �
YE$ NO
INf-0RMATON (E%PIAIN)
� ° Council File # 4�l - 15Z3
�1M e�� �� ,' a ��� f Ct r7 Green Sheet # CooZ �� �
� " l
RESOLU7fON
C OF AINT PAUL, MINNESOTA Z'
�
PreseMed By
Referred To Committee: Date
RESOLUTION APPROVING AND AUTHORIZING EXECUTION OF AN
ARENA LEASE, HOCKEY PLAYING AGREEMENT AND
DISBURSING AGREEMENT IN CONNECTION WITH
THE ARENA PROJECT
WAEREAS:
1. Pursuant to Laws of Minnesota, 1967, Chapter 459, as
amended, the Civic Center Authority (the "Authority") was created
as an agency of the City of Saint Paul (the "City"), and given
the power to, among other things, build, equip, maintain and
operate a civic center complex, now known as the RiverCentre
Complex, which includes an arena (the "Existing Arena").
'� 16 2. The City, the Authority, the Housing and Redevelopment
17 Authority of the City of Saint Paul (the "HRA") and Minnesota
18 Hockey Ventures Group, LP (the "Tenant") have hereto agreed to
19 the terms of an Amended and Restated Term Sheet dated as of
2� May 28, 1997 (the "Term Sheet") which evidences the binding
21 agreement of the City, Authority, HRA and Tenant to construct and
22 finance a new arena to replace the Existing Arena in order to
23 accommodate a professional NHL hockey team owned by the Tenant
24 (the "Team").
3. Pursuant to the Term Sheet, the Tenant agreed to
contribute at least $35,000,000 (the "Tenant Contribution") to
the costs of the demolishing the Existing Arena and constructing
and equipping the Arena (collectively, the "Project"), and the
City agreed to contribute $30,000,000 (the "City Contribution")
to the costs of the Project. `
�- �e.� c��wcU.meh� -�c.ir cev`nev�d.mer�.�'r-
4. The City and the Tenant anticipate that the remaining
costs of the Project will be funded by a grant from the State of
Minnesota (the "State Grant").
5. In order to implement the provisions of the Term Sheet,
the following documents have been prepared and submitted to the
City Council:
�
� 1z-�i
371219.2
q�-� sa 3
Amendment to Council File # 97 - 1523, Crreen Sheet # 62180
New � _ _ -�----
�iY�/Ye�-�
� 3(a) Tbat pursuant to fitrther negotiations and clarificafion of the Term Sheet, it is the City of
Saint Paul City Council directive that the Director of Pla.uning and Economic
Development pursue the following terms:
1) Charitable Contributions: that the tenant or its charitable foundation will make annual
Arena Year contributions equal to the average percentage of gross revenue contributions
made by five NHL teams with similaz market venues as the City of 5aint Paul.
2) Hazardous Substance: that the City of Saint Paul will make the submission of a grant
request for the costs of abatement of Hazardous Substances in the Existing Arena a City
priority only for the first cycle of grant requests in 1998.
9'I-�sa3
1
2
3
4
5
6
7
8
9
10
11
12
13
14
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29
30
31
32
33
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38
39
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41
42
43
44
45
46
47
48
(a) an Arena Lease by and among the City, the
Authority and Tenant (the "Arena Lease") which sets forth
the rights and obligations of the City, the Authority and
Tenant with respect to the demolition of the Existing Arena
and the design and construction of the new arena and the
leasing of the same to the Tenant;
(b) a Disbursing Agreement by and between, among
others, the City and the Tenant (the "Disbursing Agreement")
setting forth the terms and conditions under which the City
Contribution, Tenant Contribution and State Grant will be
disbursed to pay costs of the Project;
(c) a Hockey Playing Agreement by and between the City
and Tenant (the "Hockey Playing Agreement") pursuant to
which the Tenant agrees that the Team will play all its NHL
Home Games (as defined in the Hockey Playing Agreement) at
the Arena.
The above documents, together with all exhibits thereto, are
collectively referred to as the Project Documents.
RESOLVED:
1. The City Council hereby approves Project Documents in
substantially the forms submitted and authorizes the Mayor,
Clerk, Director, Department of Planning and Economic Development
and Director, Office of Financial Services (the "Authorized
Officers") to execute the Project Documents. Any other documents
and certificates necessary to the transaction described above
shall be executed by the Authorized Officers. In the event of
the disability or the resignation or other absence of any of the
Authorized Officers, such other officers who may act in their
behalf shall without further acC or authorization of the City be
deemed for purposes of this Resolution as such Authorized
Officers and shall do all things and execute al1 instruments and
documents required to be done or to be executed by such absent or
disabled officials. The approval hereby given to the Project
Documents includes approval of such additional details therein as
may be necessary and appropriate and such modifications thereof,
deletions therefrom and additions thereto as may be necessary and
appropriate and approved by the Director, DeparCmenC of Planning
and Economic Development and the City Attorney; and said
individuals are hereby authorized to approve said changes on
behalf of the City. The execution of any instrument by the
Authorized Officers of the City herein authorized shall be
conclusive evidence of the approval of such document in
accordance with the terms hereof.
371219.2
j� )2--tl���
�l'? -15�3
1 2. The authority to approve future amendments to Project
2 Documents i5 hereby delegated to the Director, Department of
3 Planning and Economic Development subject to the following
4 conditions: (a) such amendments do not materially adversely
5 affect the interests of the City, and (b) such amendments are
6 acceptable in form and substance to such officers, the City
7 Attorney and any other counsel retained by the City to review
8 such amendments. Any amendments shall be executed by the
9 Authorized Officers described in paragraph 1 hereof.
Requested by Department of:
� t a
Adopted by Council: Date a 1`l
Adoption Certified by Council
��s:7r �Sa��..;�-v , __
I ,
•..�. -: . _,. �_ -
�
�
� / ,, �,� / /
Form ��proved b City Attorney
B �,, � �2 -l(- J
Approved by Ma r for Submission to
Council
g . G�-�
377219.2
GREEN SHEET
Councilmember'fiYi�e-. '
December 17, 1997
TOTAL # OF StGNATURE PAGES
o¢+�rt�ar owECroa
°t'1-1s�3
No 62180
�
rnrca.ca
❑ an�nopkv ❑ urracnK __
� wuxon�aEnv¢ESme ❑ raw�rw.aaevi.ccro
❑ WvORioRAimlAMn ❑ �
{CLIP AI,L LOCATIONS FOR SIONATURE)
( Approving and authorizing execution of an azena lease, hockey playing agreement and disbursing agreement in connection
with the azena project.
PIANNIWG COMMISSION
CIB COMMITTEE
CIVIL SERVICE COMMISSION
r� tn� r+���� �»�ea �oder a aont�� r« u,�c aea�e�n
YES NO
Fias thie PewoNfirm a�er been a city empbyce4
YES NO
DoecMis Pe+�� P� a sW71 rwt ndmal�YP� M anY cu�rent ci1Y empbyee7
YES NO
k ihia pelsoM6xn a tar9�ed ventla?
VEB t�
S
SOURCE
�3T/REVENUE BUDGETm (CIRCLE ON�
ncrnm �nn�sEn
�
i�� v �
��� �
YE$ NO
INf-0RMATON (E%PIAIN)