98-133Council File #
Green Sheet #
RESOLUTION
CITY OF SAINT PAUL, MINNESOTA
Presented By:
�� -_1_�3
61138
�
Referred To: Committee: Date
1
2
3
4
5
6
7
8
9
10
11
12
t3
14
'IS
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
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36
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38
39
40
41
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43
44
WHEREAS, a group of Minnesota investors was awarded an NHL expansion team by the Nationai Hockey League Board of
Govemors on June Z5, 1997; a�d
WHEREAS, the City of Saint Paul, the Civic Center Authority and the Minnesota Hockey Ventures Group have executed a binding
agreemenf whereby the City has agreed to allow the Team to demolish the existing arena, to design and construct a new
arena, and to lease the arena; and
WHEREAS, a�w arena will benefd the City and its citizens by providing the dovmtown with an arena which will be
competitive with other state-of-the-art arenas; provide current tenants of the Civic Center with an updated facility in which to
bring their events and progrems; and will attract additional non-hockey events to downtown Saint Paul; and
WHEREAS, the new arena wiil provide the highest quaiiTy fsalfties for the Minnesota State High School Toumaments which have
a long tradition of playing in the Saint Paul Civic CenterArena; and will improve the experience of the many thousands of
Minnesotans who attend the toumaments each year, and
WHEREAS, the City is conVibuting $30 million, plus debt issuance costs, to the project budget of $130 million; and
WHEREAS, the City's contribution will be financed with short tertn debt while the are�a is under construction, with longer term
bonds issued when the arena is completed; now therefore be it
RESOLVED, that a capital project be established to account for the City's contribution to construction of a new Saint Paul
RiverCentre arena; and be it
FURTHER RESOLVED, by the Council of the City oF Saint Paul, upon recommendation of the Mayor and the advice of the Long
Range Capital Improvement Budget Committe'�, that t� 19 6 Ca tal Improvement Budget, as heretofore adopted and
amended, is hereby fuAher amended as fofl�: �,
a � Cunent Amend
Financinq o� ry Budget Change Budgf
Saint Paul RiverCentre Fue�a � R' �
C98-SR001 .. � ,
Commercial paper note (note issuance - 620�, � `tl� � 0 33,500,000 33,50Q
Interestonlnvestments r" 0 1,918000 1918
� �•i � 0 35,418,000 35,418,
a r
Soendina rn '�
Saint Paul RiverCentre Arena m�
C98-SR001 a �
s $'
Design o' � 0 4,750,000 4,750,
Constructioo Management "'� � 0 1,500,000 1,500,
Construdion q o/a � 0 23,750,000 23,750,
Short term debt interest (0612) �+ � �; D 5,d18,000 5,418.
4pproved by Mayor. Dat�
!
d
'� � . �s t°�`l8'
�ernx�rrrrott���co�nvca na�wmn�o Q � �13 �
s�ntPa��vercentreAuttiorit 02/11/98 GREEN SHEET NO. 61138 4
CAMAC]'POtSON&PHpNE O DEPAR'IMEN]'D➢tECNA O4 CIIVCOUNC�.
ChrisHansen,2247361 ,,,,,,�� 2❑ rnvarrowv�s� � crtvn�F
MUST9EONfpUNCp,AGIIJDAHY(DA'lE) � lO BUDG6TDIREClOR SO FfN.ffiMGT.SERVICESDIR
ASAP � 3❑ MAYOR(ORASSISTeN'n �
TOTAL # OF SIGNATURE PAGES (CLIP ALL LOCATIONS FOR SIGNAI'URE)
cnox�uFSho
Request approval w amend fhe 1998 Capital Impzovement Budget
I RECOI.Aff2.DAlIONS:Approve(.UaP.ejx[(R) PERSONALSERVICECONTRACTSMUSTANSWERIHEFOLIAWINGQiJ&STf� NS:
PCATRIQiGCOT9NI55iON _ClV➢.SERVIC6COAfM19S90HI 1.FIHSt}ti5pel5pn/StmEYeiWmk¢dUndeTacOn4aC[FmthiSdejRrtIDEllt?
X cmcUMt9'rteE _ YES NO
5rn� _ 2. Has tUis persoWSm eva been a citY emPloyee?
DLlTRICfCOI]RT _ YES NO
SUCeOR'rs w�uc�tmUNCaoslECrNe? 3. Dces this oersodfirm possess x s!dl! cci nolmally possessed by aay cuacnt city employee?
YES NO
(Explain aIl yes answers on separate sheet and attach to green sheet)
IM'MI7NGPROBLQrt, ISSUE, OPPORTUNI'IY (tVho, Whaz, HRieq Where, Why).
The Ciry Council has already approved the arena replacement project, as well as financing for the City's $30 million shaze of the
$130 million conshuction wsts for the facility. This resolurion would establish a budget for the CiTy's share of the financing to pay for
the Ciry's share of design, engineering and construc[ion costs for the project.
ADVANLAGESIFAPPRpVID.
The City will meet its responsibilities W conshvct and complete a new azena in time for the 2000-2001 NHL season.
Cflu�ui! �e;e�r�� ���Fer
��cE�vEO FE� 1 � 1�9�
°'S^°"",�^`��,�PR°"� MAR 0 4 1998
None. Conshuction financing is committed to this project from all so��.��TI��d�as been approved and.will.hecome tenants ofiUis.faciliry
once built.
DISADVAN]'AGES&NOTAPPROVEU
The Ciry wil( noY meet its respo�sibilities to construct and complete a new azena in time for the 2000-2001 NFII, season.
xor,wnn2o�erroFranns�cnon $35 418 �00 cosrlaeve�vueswczceo<cmcceowe� O no
r�mnwcsomc Commercial �aper note investment interest arnv,rrnuMe� C98-8R001
ewaNCw, uvFOxnanoH� csxr'amq
OlfiwofFinantlal5ervices-BUEge[SacGOn H:WSERS�BUDGETDEPTS�CIVGTR\t23\GS_ARENAWK4 02/tt
.
Saint Paui RiverCentre Arena
Proposed Construction Budget
FINANCING
City of Saint Paul
Ticket Surcharge
Marquee
40% of Half Cent Sales Tax
Owner Participation
State of Minnesota
SPENDING
Predesign
Design
Construction Management
Construction
Site and Building Preparation
Hazardous Materials Abatement
Demolition
Construction
Contingency
Fixtures, Furniture and Equipment
Other
30,000,000
35,000,000
65,000,000
130,000,000
400,000
9,100,000
3,000,000
5,500,000
1,000,000
2,500,000
87,500,OOD
3,000,000
18,000,000
0
130,000,000
98'- 133
Council File #
Green Sheet #
RESOLUTION
CITY OF SAINT PAUL, MINNESOTA
Presented By:
�� -_1_�3
61138
�
Referred To: Committee: Date
1
2
3
4
5
6
7
8
9
10
11
12
t3
14
'IS
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
WHEREAS, a group of Minnesota investors was awarded an NHL expansion team by the Nationai Hockey League Board of
Govemors on June Z5, 1997; a�d
WHEREAS, the City of Saint Paul, the Civic Center Authority and the Minnesota Hockey Ventures Group have executed a binding
agreemenf whereby the City has agreed to allow the Team to demolish the existing arena, to design and construct a new
arena, and to lease the arena; and
WHEREAS, a�w arena will benefd the City and its citizens by providing the dovmtown with an arena which will be
competitive with other state-of-the-art arenas; provide current tenants of the Civic Center with an updated facility in which to
bring their events and progrems; and will attract additional non-hockey events to downtown Saint Paul; and
WHEREAS, the new arena wiil provide the highest quaiiTy fsalfties for the Minnesota State High School Toumaments which have
a long tradition of playing in the Saint Paul Civic CenterArena; and will improve the experience of the many thousands of
Minnesotans who attend the toumaments each year, and
WHEREAS, the City is conVibuting $30 million, plus debt issuance costs, to the project budget of $130 million; and
WHEREAS, the City's contribution will be financed with short tertn debt while the are�a is under construction, with longer term
bonds issued when the arena is completed; now therefore be it
RESOLVED, that a capital project be established to account for the City's contribution to construction of a new Saint Paul
RiverCentre arena; and be it
FURTHER RESOLVED, by the Council of the City oF Saint Paul, upon recommendation of the Mayor and the advice of the Long
Range Capital Improvement Budget Committe'�, that t� 19 6 Ca tal Improvement Budget, as heretofore adopted and
amended, is hereby fuAher amended as fofl�: �,
a � Cunent Amend
Financinq o� ry Budget Change Budgf
Saint Paul RiverCentre Fue�a � R' �
C98-SR001 .. � ,
Commercial paper note (note issuance - 620�, � `tl� � 0 33,500,000 33,50Q
Interestonlnvestments r" 0 1,918000 1918
� �•i � 0 35,418,000 35,418,
a r
Soendina rn '�
Saint Paul RiverCentre Arena m�
C98-SR001 a �
s $'
Design o' � 0 4,750,000 4,750,
Constructioo Management "'� � 0 1,500,000 1,500,
Construdion q o/a � 0 23,750,000 23,750,
Short term debt interest (0612) �+ � �; D 5,d18,000 5,418.
4pproved by Mayor. Dat�
!
d
'� � . �s t°�`l8'
�ernx�rrrrott���co�nvca na�wmn�o Q � �13 �
s�ntPa��vercentreAuttiorit 02/11/98 GREEN SHEET NO. 61138 4
CAMAC]'POtSON&PHpNE O DEPAR'IMEN]'D➢tECNA O4 CIIVCOUNC�.
ChrisHansen,2247361 ,,,,,,�� 2❑ rnvarrowv�s� � crtvn�F
MUST9EONfpUNCp,AGIIJDAHY(DA'lE) � lO BUDG6TDIREClOR SO FfN.ffiMGT.SERVICESDIR
ASAP � 3❑ MAYOR(ORASSISTeN'n �
TOTAL # OF SIGNATURE PAGES (CLIP ALL LOCATIONS FOR SIGNAI'URE)
cnox�uFSho
Request approval w amend fhe 1998 Capital Impzovement Budget
I RECOI.Aff2.DAlIONS:Approve(.UaP.ejx[(R) PERSONALSERVICECONTRACTSMUSTANSWERIHEFOLIAWINGQiJ&STf� NS:
PCATRIQiGCOT9NI55iON _ClV➢.SERVIC6COAfM19S90HI 1.FIHSt}ti5pel5pn/StmEYeiWmk¢dUndeTacOn4aC[FmthiSdejRrtIDEllt?
X cmcUMt9'rteE _ YES NO
5rn� _ 2. Has tUis persoWSm eva been a citY emPloyee?
DLlTRICfCOI]RT _ YES NO
SUCeOR'rs w�uc�tmUNCaoslECrNe? 3. Dces this oersodfirm possess x s!dl! cci nolmally possessed by aay cuacnt city employee?
YES NO
(Explain aIl yes answers on separate sheet and attach to green sheet)
IM'MI7NGPROBLQrt, ISSUE, OPPORTUNI'IY (tVho, Whaz, HRieq Where, Why).
The Ciry Council has already approved the arena replacement project, as well as financing for the City's $30 million shaze of the
$130 million conshuction wsts for the facility. This resolurion would establish a budget for the CiTy's share of the financing to pay for
the Ciry's share of design, engineering and construc[ion costs for the project.
ADVANLAGESIFAPPRpVID.
The City will meet its responsibilities W conshvct and complete a new azena in time for the 2000-2001 NHL season.
Cflu�ui! �e;e�r�� ���Fer
��cE�vEO FE� 1 � 1�9�
°'S^°"",�^`��,�PR°"� MAR 0 4 1998
None. Conshuction financing is committed to this project from all so��.��TI��d�as been approved and.will.hecome tenants ofiUis.faciliry
once built.
DISADVAN]'AGES&NOTAPPROVEU
The Ciry wil( noY meet its respo�sibilities to construct and complete a new azena in time for the 2000-2001 NFII, season.
xor,wnn2o�erroFranns�cnon $35 418 �00 cosrlaeve�vueswczceo<cmcceowe� O no
r�mnwcsomc Commercial �aper note investment interest arnv,rrnuMe� C98-8R001
ewaNCw, uvFOxnanoH� csxr'amq
OlfiwofFinantlal5ervices-BUEge[SacGOn H:WSERS�BUDGETDEPTS�CIVGTR\t23\GS_ARENAWK4 02/tt
.
Saint Paui RiverCentre Arena
Proposed Construction Budget
FINANCING
City of Saint Paul
Ticket Surcharge
Marquee
40% of Half Cent Sales Tax
Owner Participation
State of Minnesota
SPENDING
Predesign
Design
Construction Management
Construction
Site and Building Preparation
Hazardous Materials Abatement
Demolition
Construction
Contingency
Fixtures, Furniture and Equipment
Other
30,000,000
35,000,000
65,000,000
130,000,000
400,000
9,100,000
3,000,000
5,500,000
1,000,000
2,500,000
87,500,OOD
3,000,000
18,000,000
0
130,000,000
98'- 133
Council File #
Green Sheet #
RESOLUTION
CITY OF SAINT PAUL, MINNESOTA
Presented By:
�� -_1_�3
61138
�
Referred To: Committee: Date
1
2
3
4
5
6
7
8
9
10
11
12
t3
14
'IS
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
WHEREAS, a group of Minnesota investors was awarded an NHL expansion team by the Nationai Hockey League Board of
Govemors on June Z5, 1997; a�d
WHEREAS, the City of Saint Paul, the Civic Center Authority and the Minnesota Hockey Ventures Group have executed a binding
agreemenf whereby the City has agreed to allow the Team to demolish the existing arena, to design and construct a new
arena, and to lease the arena; and
WHEREAS, a�w arena will benefd the City and its citizens by providing the dovmtown with an arena which will be
competitive with other state-of-the-art arenas; provide current tenants of the Civic Center with an updated facility in which to
bring their events and progrems; and will attract additional non-hockey events to downtown Saint Paul; and
WHEREAS, the new arena wiil provide the highest quaiiTy fsalfties for the Minnesota State High School Toumaments which have
a long tradition of playing in the Saint Paul Civic CenterArena; and will improve the experience of the many thousands of
Minnesotans who attend the toumaments each year, and
WHEREAS, the City is conVibuting $30 million, plus debt issuance costs, to the project budget of $130 million; and
WHEREAS, the City's contribution will be financed with short tertn debt while the are�a is under construction, with longer term
bonds issued when the arena is completed; now therefore be it
RESOLVED, that a capital project be established to account for the City's contribution to construction of a new Saint Paul
RiverCentre arena; and be it
FURTHER RESOLVED, by the Council of the City oF Saint Paul, upon recommendation of the Mayor and the advice of the Long
Range Capital Improvement Budget Committe'�, that t� 19 6 Ca tal Improvement Budget, as heretofore adopted and
amended, is hereby fuAher amended as fofl�: �,
a � Cunent Amend
Financinq o� ry Budget Change Budgf
Saint Paul RiverCentre Fue�a � R' �
C98-SR001 .. � ,
Commercial paper note (note issuance - 620�, � `tl� � 0 33,500,000 33,50Q
Interestonlnvestments r" 0 1,918000 1918
� �•i � 0 35,418,000 35,418,
a r
Soendina rn '�
Saint Paul RiverCentre Arena m�
C98-SR001 a �
s $'
Design o' � 0 4,750,000 4,750,
Constructioo Management "'� � 0 1,500,000 1,500,
Construdion q o/a � 0 23,750,000 23,750,
Short term debt interest (0612) �+ � �; D 5,d18,000 5,418.
4pproved by Mayor. Dat�
!
d
'� � . �s t°�`l8'
�ernx�rrrrott���co�nvca na�wmn�o Q � �13 �
s�ntPa��vercentreAuttiorit 02/11/98 GREEN SHEET NO. 61138 4
CAMAC]'POtSON&PHpNE O DEPAR'IMEN]'D➢tECNA O4 CIIVCOUNC�.
ChrisHansen,2247361 ,,,,,,�� 2❑ rnvarrowv�s� � crtvn�F
MUST9EONfpUNCp,AGIIJDAHY(DA'lE) � lO BUDG6TDIREClOR SO FfN.ffiMGT.SERVICESDIR
ASAP � 3❑ MAYOR(ORASSISTeN'n �
TOTAL # OF SIGNATURE PAGES (CLIP ALL LOCATIONS FOR SIGNAI'URE)
cnox�uFSho
Request approval w amend fhe 1998 Capital Impzovement Budget
I RECOI.Aff2.DAlIONS:Approve(.UaP.ejx[(R) PERSONALSERVICECONTRACTSMUSTANSWERIHEFOLIAWINGQiJ&STf� NS:
PCATRIQiGCOT9NI55iON _ClV➢.SERVIC6COAfM19S90HI 1.FIHSt}ti5pel5pn/StmEYeiWmk¢dUndeTacOn4aC[FmthiSdejRrtIDEllt?
X cmcUMt9'rteE _ YES NO
5rn� _ 2. Has tUis persoWSm eva been a citY emPloyee?
DLlTRICfCOI]RT _ YES NO
SUCeOR'rs w�uc�tmUNCaoslECrNe? 3. Dces this oersodfirm possess x s!dl! cci nolmally possessed by aay cuacnt city employee?
YES NO
(Explain aIl yes answers on separate sheet and attach to green sheet)
IM'MI7NGPROBLQrt, ISSUE, OPPORTUNI'IY (tVho, Whaz, HRieq Where, Why).
The Ciry Council has already approved the arena replacement project, as well as financing for the City's $30 million shaze of the
$130 million conshuction wsts for the facility. This resolurion would establish a budget for the CiTy's share of the financing to pay for
the Ciry's share of design, engineering and construc[ion costs for the project.
ADVANLAGESIFAPPRpVID.
The City will meet its responsibilities W conshvct and complete a new azena in time for the 2000-2001 NHL season.
Cflu�ui! �e;e�r�� ���Fer
��cE�vEO FE� 1 � 1�9�
°'S^°"",�^`��,�PR°"� MAR 0 4 1998
None. Conshuction financing is committed to this project from all so��.��TI��d�as been approved and.will.hecome tenants ofiUis.faciliry
once built.
DISADVAN]'AGES&NOTAPPROVEU
The Ciry wil( noY meet its respo�sibilities to construct and complete a new azena in time for the 2000-2001 NFII, season.
xor,wnn2o�erroFranns�cnon $35 418 �00 cosrlaeve�vueswczceo<cmcceowe� O no
r�mnwcsomc Commercial �aper note investment interest arnv,rrnuMe� C98-8R001
ewaNCw, uvFOxnanoH� csxr'amq
OlfiwofFinantlal5ervices-BUEge[SacGOn H:WSERS�BUDGETDEPTS�CIVGTR\t23\GS_ARENAWK4 02/tt
.
Saint Paui RiverCentre Arena
Proposed Construction Budget
FINANCING
City of Saint Paul
Ticket Surcharge
Marquee
40% of Half Cent Sales Tax
Owner Participation
State of Minnesota
SPENDING
Predesign
Design
Construction Management
Construction
Site and Building Preparation
Hazardous Materials Abatement
Demolition
Construction
Contingency
Fixtures, Furniture and Equipment
Other
30,000,000
35,000,000
65,000,000
130,000,000
400,000
9,100,000
3,000,000
5,500,000
1,000,000
2,500,000
87,500,OOD
3,000,000
18,000,000
0
130,000,000
98'- 133