Loading...
97-1572Council File # ��� � Green Sheet # `Y , 6 S � OF Presented By Referred To L, MINNESOTA Committee: Date RESOLUTION ACCEPTING DONATION FROM THE WEST GROUP FOR THE SCIENCE MiJSEUM PROJECT 1 Wf�REAS, the City has committed nearly $18,500,000 in financing towards public improvements and 2 acquisition related to the Science Museum to the $96 million project; and 3 4 WHEREAS, a portion oF committed funding for acquisition, demolirion and relocation costs is 5 currently funded with loan proceeds; and 7 WHEREAS, the West Group which is an important national and regional corporate citizen desires to 8 donate to the City of Saint Paul $200,000 to assist the Science Museum Project; and 9 10 11 12 13 14 15 16 17 18 WIlEREAS, under state law and City Charter and Administrative Code, the City of Saint Paul can accept gifts for and on behalf of the City, which gifts then become properiy of the City and are auailable for appropriarion by the City Council for public purposes; NOW, TF3EREFORE BB IT RESOLVED, by the City Council of the City of Saint Paul, as follows: 1. It acknowledges the West Group as an unportant national and regional corporate citizen and accepts its donation of $200,000 for the Science Museum Project; and 19 2. The 1997 City of Saint Paul Budget (attached in E�ibit A) is amended to accept the donation and 20 corresponding annual debt service payment consistent with CF-96-1561. Adoption Certified by Council Secretary By: �� � �- � Approved by Mayor: Date � By: � � Requested by Department of: By: ili�VLL!/�- t Form Approve b it�ox By: Approv- b Mayor fo S m' By: sion to Council Adopted by Council: Date ,, 1�T\5`�� GREEN SHEET � TOTAL # OF SIGNATURE PAGES �.�� °��-15��, No 61453 ��. � L�'m,,,,..� � M �'!''"��� �� Q ,.,�,�,�.. ❑,.�.��,,,.a.� �w„���..�...� ❑ (CLIP ALL LOCATIONS FOR SIGNATURE) ���C'c�� C�cC:�����%� t��Q � �v � �� ��.s-� � � a ��— ��� PLANNING CAMMISSION CIB COMMfTTEE CML SERVICE COMMISSION Has this a�soNfirm e.er wro�ked under a coMiact far this aeaartmeM? VES NO Fias thia ceB�rm e�er been a eity empbyce4 YES NO Dces tn'rs c�soMim� poasess a slalt not normaMa� bY any cumeM eAY emcluvee? YES NO Is this personlPom a tarpeted vendoYt YES NO IF RAGES IF NOT APPROVED d �UNT OF TRANS CTION � � " � SOURCE v r INFORMpTON (IXPWt� COST/REVENUE BUD6ETED (CIRCLE ONE) NUMBER VES NO tl � , � � Exhibit A Financina Fund 967 - Revenue Noies and Ofiher Long-Term Debt Activity 89120 - Saint Paui Foundation Revenue Note WestGroupdonation 6905-Contribrtbnations-OUtsitle Annual debt senrice fund'+ng sources: Ryan parcel parking income 5008-Parl6ng Cultural Sales Tax 7306 -Transf R. CapCl Proj Ftl -OMef Total Soending Fund 967 - Revenue Notes and Other Long-Term Debt Activ'dy 89120 - Saint Paul Foundation Revenue Note Debt service: Interest 0619 - Othervinterest cous PfIfICip81 o62s - other-tlebt retirement Normaf annual payment One-time payment - West Group donation Total Current Budget � 0 � � ❑� q�-�5�a Change 200,000 130,000 186,746 516,746 30,000 286,746 200,000 516,746 Amended Budget 200,000 130,000 186,746 516,746 30,000 286,746 200,000 516,746 Council File # ��� � Green Sheet # `Y , 6 S � OF Presented By Referred To L, MINNESOTA Committee: Date RESOLUTION ACCEPTING DONATION FROM THE WEST GROUP FOR THE SCIENCE MiJSEUM PROJECT 1 Wf�REAS, the City has committed nearly $18,500,000 in financing towards public improvements and 2 acquisition related to the Science Museum to the $96 million project; and 3 4 WHEREAS, a portion oF committed funding for acquisition, demolirion and relocation costs is 5 currently funded with loan proceeds; and 7 WHEREAS, the West Group which is an important national and regional corporate citizen desires to 8 donate to the City of Saint Paul $200,000 to assist the Science Museum Project; and 9 10 11 12 13 14 15 16 17 18 WIlEREAS, under state law and City Charter and Administrative Code, the City of Saint Paul can accept gifts for and on behalf of the City, which gifts then become properiy of the City and are auailable for appropriarion by the City Council for public purposes; NOW, TF3EREFORE BB IT RESOLVED, by the City Council of the City of Saint Paul, as follows: 1. It acknowledges the West Group as an unportant national and regional corporate citizen and accepts its donation of $200,000 for the Science Museum Project; and 19 2. The 1997 City of Saint Paul Budget (attached in E�ibit A) is amended to accept the donation and 20 corresponding annual debt service payment consistent with CF-96-1561. Adoption Certified by Council Secretary By: �� � �- � Approved by Mayor: Date � By: � � Requested by Department of: By: ili�VLL!/�- t Form Approve b it�ox By: Approv- b Mayor fo S m' By: sion to Council Adopted by Council: Date ,, 1�T\5`�� GREEN SHEET � TOTAL # OF SIGNATURE PAGES �.�� °��-15��, No 61453 ��. � L�'m,,,,..� � M �'!''"��� �� Q ,.,�,�,�.. ❑,.�.��,,,.a.� �w„���..�...� ❑ (CLIP ALL LOCATIONS FOR SIGNATURE) ���C'c�� C�cC:�����%� t��Q � �v � �� ��.s-� � � a ��— ��� PLANNING CAMMISSION CIB COMMfTTEE CML SERVICE COMMISSION Has this a�soNfirm e.er wro�ked under a coMiact far this aeaartmeM? VES NO Fias thia ceB�rm e�er been a eity empbyce4 YES NO Dces tn'rs c�soMim� poasess a slalt not normaMa� bY any cumeM eAY emcluvee? YES NO Is this personlPom a tarpeted vendoYt YES NO IF RAGES IF NOT APPROVED d �UNT OF TRANS CTION � � " � SOURCE v r INFORMpTON (IXPWt� COST/REVENUE BUD6ETED (CIRCLE ONE) NUMBER VES NO tl � , � � Exhibit A Financina Fund 967 - Revenue Noies and Ofiher Long-Term Debt Activity 89120 - Saint Paui Foundation Revenue Note WestGroupdonation 6905-Contribrtbnations-OUtsitle Annual debt senrice fund'+ng sources: Ryan parcel parking income 5008-Parl6ng Cultural Sales Tax 7306 -Transf R. CapCl Proj Ftl -OMef Total Soending Fund 967 - Revenue Notes and Other Long-Term Debt Activ'dy 89120 - Saint Paul Foundation Revenue Note Debt service: Interest 0619 - Othervinterest cous PfIfICip81 o62s - other-tlebt retirement Normaf annual payment One-time payment - West Group donation Total Current Budget � 0 � � ❑� q�-�5�a Change 200,000 130,000 186,746 516,746 30,000 286,746 200,000 516,746 Amended Budget 200,000 130,000 186,746 516,746 30,000 286,746 200,000 516,746 Council File # ��� � Green Sheet # `Y , 6 S � OF Presented By Referred To L, MINNESOTA Committee: Date RESOLUTION ACCEPTING DONATION FROM THE WEST GROUP FOR THE SCIENCE MiJSEUM PROJECT 1 Wf�REAS, the City has committed nearly $18,500,000 in financing towards public improvements and 2 acquisition related to the Science Museum to the $96 million project; and 3 4 WHEREAS, a portion oF committed funding for acquisition, demolirion and relocation costs is 5 currently funded with loan proceeds; and 7 WHEREAS, the West Group which is an important national and regional corporate citizen desires to 8 donate to the City of Saint Paul $200,000 to assist the Science Museum Project; and 9 10 11 12 13 14 15 16 17 18 WIlEREAS, under state law and City Charter and Administrative Code, the City of Saint Paul can accept gifts for and on behalf of the City, which gifts then become properiy of the City and are auailable for appropriarion by the City Council for public purposes; NOW, TF3EREFORE BB IT RESOLVED, by the City Council of the City of Saint Paul, as follows: 1. It acknowledges the West Group as an unportant national and regional corporate citizen and accepts its donation of $200,000 for the Science Museum Project; and 19 2. The 1997 City of Saint Paul Budget (attached in E�ibit A) is amended to accept the donation and 20 corresponding annual debt service payment consistent with CF-96-1561. Adoption Certified by Council Secretary By: �� � �- � Approved by Mayor: Date � By: � � Requested by Department of: By: ili�VLL!/�- t Form Approve b it�ox By: Approv- b Mayor fo S m' By: sion to Council Adopted by Council: Date ,, 1�T\5`�� GREEN SHEET � TOTAL # OF SIGNATURE PAGES �.�� °��-15��, No 61453 ��. � L�'m,,,,..� � M �'!''"��� �� Q ,.,�,�,�.. ❑,.�.��,,,.a.� �w„���..�...� ❑ (CLIP ALL LOCATIONS FOR SIGNATURE) ���C'c�� C�cC:�����%� t��Q � �v � �� ��.s-� � � a ��— ��� PLANNING CAMMISSION CIB COMMfTTEE CML SERVICE COMMISSION Has this a�soNfirm e.er wro�ked under a coMiact far this aeaartmeM? VES NO Fias thia ceB�rm e�er been a eity empbyce4 YES NO Dces tn'rs c�soMim� poasess a slalt not normaMa� bY any cumeM eAY emcluvee? YES NO Is this personlPom a tarpeted vendoYt YES NO IF RAGES IF NOT APPROVED d �UNT OF TRANS CTION � � " � SOURCE v r INFORMpTON (IXPWt� COST/REVENUE BUD6ETED (CIRCLE ONE) NUMBER VES NO tl � , � � Exhibit A Financina Fund 967 - Revenue Noies and Ofiher Long-Term Debt Activity 89120 - Saint Paui Foundation Revenue Note WestGroupdonation 6905-Contribrtbnations-OUtsitle Annual debt senrice fund'+ng sources: Ryan parcel parking income 5008-Parl6ng Cultural Sales Tax 7306 -Transf R. CapCl Proj Ftl -OMef Total Soending Fund 967 - Revenue Notes and Other Long-Term Debt Activ'dy 89120 - Saint Paul Foundation Revenue Note Debt service: Interest 0619 - Othervinterest cous PfIfICip81 o62s - other-tlebt retirement Normaf annual payment One-time payment - West Group donation Total Current Budget � 0 � � ❑� q�-�5�a Change 200,000 130,000 186,746 516,746 30,000 286,746 200,000 516,746 Amended Budget 200,000 130,000 186,746 516,746 30,000 286,746 200,000 516,746