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98-122ORIGINAL presented By Referred To Committee: Date GIVING PRELIMINARY APPROVAL TO THE ISSUANCE OF BONDS AND FINANCING LEASES 1 2 3 4 5 6 7 8 9 10 11 12 13 14 SE IT RESOLVED by the Councif of the City of Saint Paul, Minnesota, that the �� Director, Office of Financial Services, Treasurer and other appropriate City officials and staff are hereby authorized and directed to proceed with preliminary actions for the issuance of the following bonds and financing leases, in the following approximate amounts, in conjunction with Springsted Incorporated as financial consultant and Briggs and Morgan, Professional Association, as bond counsel, and in connection therewith to prepare an official statement and such other documents as may be necessary for further approval of this Ciry Council: 1. 2. 3. 4. $15,000,000 General Obligation Capital Improvement Bonds $2,800,000-General Obligation Street Improvement Special Assessment Bonds �s,000,000 General Obligation Sanitary and Storm Sewer Bo�ds $2,000,000 Annual Appropriation Lease for improvements �n ana for the City Hall Annex building A�.�Y.�,e.d - al�a�(g� RESOLUTION GTY OF SA1NT PAUL, MINf�ESOTA t;ouncii rue N 4�' � 1�'a. Green Sheet # K�-� _ \ \ � 905227 , ,. :` � ORIGINAL °1 g � ��'� 15 . , 16 .equipr�eF�# 17 5�! such refundings and advance refundings as produce sufficient savings to 18 justity the issuance of refunding bonds. Requested by Department of: fice of Financi:� ervices Bv ''"" � � -- Certified by Council Secretary By: Approved by Mayor: Date By: Adopted by Council: Date � eQ� ��q � Form A by City Attorney gy,% - > �—"_-� �_ �a– �g J2TMENTF ce arM Ma fACT Pfft IH� fBEONC DATE INITNTED � I GREEN SHEET No sos4� �` CJ r� S� mrrcoucc V � 2 arv�noa�r ane�nu _ ❑ wuxcu�sEmc¢saw_ ❑ Fwxcu�sEaw�cctc ❑3 rnvoRpnntssi �� f ❑ TOTAL �# OF SIGNATURE PA6ES 1 (CLIP ALL LOCATIONS FOR SIGNATURE) a�' Preliminary resdu[bn p"r.RS ihe OFice d Fnancial Services Ne au[hority to iniGate all necessary action leading to tlre issuance of CRy Gene21 Obligation Bonds aiM Mnual Appropnation es on April 1. 1998 with CitY Courwti a.vardin9 6ids that aftertroon. PLANNING CAMMISSION CIB CAMMITTEE CIVIL SERVICE COMMISSION Hes this persoNfirm ever vrorketl under a contract for fhis department? YES NO Has this persoNfirm ever heen a city employee? YES NO Does t�is persoNfirtn possess a skill not nortnallypo5sesseA by any curreM city empbyee? YES NO Is this persoNfimi a targetetl vefWOR YES NO �ING PROBLEM ISSUE, OPPORTUNITY (Who, What, Wheq Where, Why) IE PLACE THS RESOLUTION ON THE COUNCIL AGENOA OF FEBRUARY 25, 7998. borWS are for purposes of funding the 1998 Capital ImprovemeM ButlgM, funding cerfain s[ree[ improvemeMS, Sanitary and Sewer Bonds, Anrmal AppropriaUOn L�sefor Ciry Haif AnnaS Amival Approprialion Lease tor RrverCeritre and poterdial refunding issues. $15,OW,OOU General Obligation Capital ImpraremeM Bonds $2,800,000 General Obligation S[reet Improvemerit Special Assesment Bonds $5.000,000 Gene21 Obligation Sanitary and SYorm Sewer Bonds $2,000,000 Annual Appropriation L�� for City Hall Anna� IFAPPROVEp Ce�ane€f R�search Center y . �ti resolution � prHimmary as tt onty aWhor¢es staRto begin the 1� bond sale P��s. A detat�etl bond sate resWUtion callin9 for the sale xali be presented e I Council on pril 1, . _...�__,.._. ...... ....... . � If3A95;7�P1a�7 ��Vi"+�3 iJ� s�� a P�eliminaty readu[IOR the sWRMauld �ot he authaizetl to iniUate r�cessary �.tion leading to a 1998 hortd sale. AMOUNT OF TRANSACTION S COSTIRQYENIIE BUD6ETED (CIRCLE 9N� YES NO S011RCE AC71VfTY NUMBE0. (IXPWN) ORIGINAL presented By Referred To Committee: Date GIVING PRELIMINARY APPROVAL TO THE ISSUANCE OF BONDS AND FINANCING LEASES 1 2 3 4 5 6 7 8 9 10 11 12 13 14 SE IT RESOLVED by the Councif of the City of Saint Paul, Minnesota, that the �� Director, Office of Financial Services, Treasurer and other appropriate City officials and staff are hereby authorized and directed to proceed with preliminary actions for the issuance of the following bonds and financing leases, in the following approximate amounts, in conjunction with Springsted Incorporated as financial consultant and Briggs and Morgan, Professional Association, as bond counsel, and in connection therewith to prepare an official statement and such other documents as may be necessary for further approval of this Ciry Council: 1. 2. 3. 4. $15,000,000 General Obligation Capital Improvement Bonds $2,800,000-General Obligation Street Improvement Special Assessment Bonds �s,000,000 General Obligation Sanitary and Storm Sewer Bo�ds $2,000,000 Annual Appropriation Lease for improvements �n ana for the City Hall Annex building A�.�Y.�,e.d - al�a�(g� RESOLUTION GTY OF SA1NT PAUL, MINf�ESOTA t;ouncii rue N 4�' � 1�'a. Green Sheet # K�-� _ \ \ � 905227 , ,. :` � ORIGINAL °1 g � ��'� 15 . , 16 .equipr�eF�# 17 5�! such refundings and advance refundings as produce sufficient savings to 18 justity the issuance of refunding bonds. Requested by Department of: fice of Financi:� ervices Bv ''"" � � -- Certified by Council Secretary By: Approved by Mayor: Date By: Adopted by Council: Date � eQ� ��q � Form A by City Attorney gy,% - > �—"_-� �_ �a– �g J2TMENTF ce arM Ma fACT Pfft IH� fBEONC DATE INITNTED � I GREEN SHEET No sos4� �` CJ r� S� mrrcoucc V � 2 arv�noa�r ane�nu _ ❑ wuxcu�sEmc¢saw_ ❑ Fwxcu�sEaw�cctc ❑3 rnvoRpnntssi �� f ❑ TOTAL �# OF SIGNATURE PA6ES 1 (CLIP ALL LOCATIONS FOR SIGNATURE) a�' Preliminary resdu[bn p"r.RS ihe OFice d Fnancial Services Ne au[hority to iniGate all necessary action leading to tlre issuance of CRy Gene21 Obligation Bonds aiM Mnual Appropnation es on April 1. 1998 with CitY Courwti a.vardin9 6ids that aftertroon. PLANNING CAMMISSION CIB CAMMITTEE CIVIL SERVICE COMMISSION Hes this persoNfirm ever vrorketl under a contract for fhis department? YES NO Has this persoNfirm ever heen a city employee? YES NO Does t�is persoNfirtn possess a skill not nortnallypo5sesseA by any curreM city empbyee? YES NO Is this persoNfimi a targetetl vefWOR YES NO �ING PROBLEM ISSUE, OPPORTUNITY (Who, What, Wheq Where, Why) IE PLACE THS RESOLUTION ON THE COUNCIL AGENOA OF FEBRUARY 25, 7998. borWS are for purposes of funding the 1998 Capital ImprovemeM ButlgM, funding cerfain s[ree[ improvemeMS, Sanitary and Sewer Bonds, Anrmal AppropriaUOn L�sefor Ciry Haif AnnaS Amival Approprialion Lease tor RrverCeritre and poterdial refunding issues. $15,OW,OOU General Obligation Capital ImpraremeM Bonds $2,800,000 General Obligation S[reet Improvemerit Special Assesment Bonds $5.000,000 Gene21 Obligation Sanitary and SYorm Sewer Bonds $2,000,000 Annual Appropriation L�� for City Hall Anna� IFAPPROVEp Ce�ane€f R�search Center y . �ti resolution � prHimmary as tt onty aWhor¢es staRto begin the 1� bond sale P��s. A detat�etl bond sate resWUtion callin9 for the sale xali be presented e I Council on pril 1, . _...�__,.._. ...... ....... . � If3A95;7�P1a�7 ��Vi"+�3 iJ� s�� a P�eliminaty readu[IOR the sWRMauld �ot he authaizetl to iniUate r�cessary �.tion leading to a 1998 hortd sale. AMOUNT OF TRANSACTION S COSTIRQYENIIE BUD6ETED (CIRCLE 9N� YES NO S011RCE AC71VfTY NUMBE0. (IXPWN) ORIGINAL presented By Referred To Committee: Date GIVING PRELIMINARY APPROVAL TO THE ISSUANCE OF BONDS AND FINANCING LEASES 1 2 3 4 5 6 7 8 9 10 11 12 13 14 SE IT RESOLVED by the Councif of the City of Saint Paul, Minnesota, that the �� Director, Office of Financial Services, Treasurer and other appropriate City officials and staff are hereby authorized and directed to proceed with preliminary actions for the issuance of the following bonds and financing leases, in the following approximate amounts, in conjunction with Springsted Incorporated as financial consultant and Briggs and Morgan, Professional Association, as bond counsel, and in connection therewith to prepare an official statement and such other documents as may be necessary for further approval of this Ciry Council: 1. 2. 3. 4. $15,000,000 General Obligation Capital Improvement Bonds $2,800,000-General Obligation Street Improvement Special Assessment Bonds �s,000,000 General Obligation Sanitary and Storm Sewer Bo�ds $2,000,000 Annual Appropriation Lease for improvements �n ana for the City Hall Annex building A�.�Y.�,e.d - al�a�(g� RESOLUTION GTY OF SA1NT PAUL, MINf�ESOTA t;ouncii rue N 4�' � 1�'a. Green Sheet # K�-� _ \ \ � 905227 , ,. :` � ORIGINAL °1 g � ��'� 15 . , 16 .equipr�eF�# 17 5�! such refundings and advance refundings as produce sufficient savings to 18 justity the issuance of refunding bonds. Requested by Department of: fice of Financi:� ervices Bv ''"" � � -- Certified by Council Secretary By: Approved by Mayor: Date By: Adopted by Council: Date � eQ� ��q � Form A by City Attorney gy,% - > �—"_-� �_ �a– �g J2TMENTF ce arM Ma fACT Pfft IH� fBEONC DATE INITNTED � I GREEN SHEET No sos4� �` CJ r� S� mrrcoucc V � 2 arv�noa�r ane�nu _ ❑ wuxcu�sEmc¢saw_ ❑ Fwxcu�sEaw�cctc ❑3 rnvoRpnntssi �� f ❑ TOTAL �# OF SIGNATURE PA6ES 1 (CLIP ALL LOCATIONS FOR SIGNATURE) a�' Preliminary resdu[bn p"r.RS ihe OFice d Fnancial Services Ne au[hority to iniGate all necessary action leading to tlre issuance of CRy Gene21 Obligation Bonds aiM Mnual Appropnation es on April 1. 1998 with CitY Courwti a.vardin9 6ids that aftertroon. PLANNING CAMMISSION CIB CAMMITTEE CIVIL SERVICE COMMISSION Hes this persoNfirm ever vrorketl under a contract for fhis department? YES NO Has this persoNfirm ever heen a city employee? YES NO Does t�is persoNfirtn possess a skill not nortnallypo5sesseA by any curreM city empbyee? YES NO Is this persoNfimi a targetetl vefWOR YES NO �ING PROBLEM ISSUE, OPPORTUNITY (Who, What, Wheq Where, Why) IE PLACE THS RESOLUTION ON THE COUNCIL AGENOA OF FEBRUARY 25, 7998. borWS are for purposes of funding the 1998 Capital ImprovemeM ButlgM, funding cerfain s[ree[ improvemeMS, Sanitary and Sewer Bonds, Anrmal AppropriaUOn L�sefor Ciry Haif AnnaS Amival Approprialion Lease tor RrverCeritre and poterdial refunding issues. $15,OW,OOU General Obligation Capital ImpraremeM Bonds $2,800,000 General Obligation S[reet Improvemerit Special Assesment Bonds $5.000,000 Gene21 Obligation Sanitary and SYorm Sewer Bonds $2,000,000 Annual Appropriation L�� for City Hall Anna� IFAPPROVEp Ce�ane€f R�search Center y . �ti resolution � prHimmary as tt onty aWhor¢es staRto begin the 1� bond sale P��s. A detat�etl bond sate resWUtion callin9 for the sale xali be presented e I Council on pril 1, . _...�__,.._. ...... ....... . � If3A95;7�P1a�7 ��Vi"+�3 iJ� s�� a P�eliminaty readu[IOR the sWRMauld �ot he authaizetl to iniUate r�cessary �.tion leading to a 1998 hortd sale. AMOUNT OF TRANSACTION S COSTIRQYENIIE BUD6ETED (CIRCLE 9N� YES NO S011RCE AC71VfTY NUMBE0. (IXPWN)