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D001875CITY OF SAINT PAUL, MINNESO'fA OFFICE OF THE MAYOR ADMINISTRATIVE ORDER No: �O 7 j 1 City Clerk BUDGET REVISION Date: �-a7_ jj7j � Finance Dept. ADMINISTRATiVE ORDER, Consistent with the authority granted to the Mayor in Section 10.07.4 of the City Charter and based on the request of the Director of the Department of Planning 8. Economic Development to amend the 2000 budget of the City Sales Tax CapiWl Projects Fund, Yne Director of the Office of Financiat Services is authorized to amend said budget in the following manner: WHEREAS, CF96-891 allocated funds for the Coordinated Housing Program (CHIP), STAR program 77094; and WHEREAS, the program was established to provide up to thirty-£ve loans and grents for purchase-rehab of residentiai property; and WHEREAS, a Ioan was approved for the property at 862 Atiantic; and NOW THEREFORE, staff recommends the reallocation of $13,535 from the budget for the CHIP program to projectcode 77303. Current Budget Fund 930 City Sa1es Tax Capital Projects Fund P7-930-90305-0547-7709A Coordinated Housing Program � C , J P7-930-90305-0547-77303 862 Atlantic - CHIP Net Change $246,200 $0 Change ($13,535) $13,535 $0 Amended Budget $232,665 $13,535 � Q� �r�l- Ap o ed b. Director of mancial Services Dat � ���� Lesch, 6-6668 TOTAI � OF SIGNATURE PAGES 1 GREEN oE.�.,�rtowaKOa �Jao 1'�" Q�3 No �= t , � ❑ O1YA4TOAEY ❑ p1YCLf111[ � AIMICY1LfFRMCFfi� � I11I111CIIILi�lWACCfG � 1❑ Bob Hammer (CLIP ALL LOCATIONS FOR SIGNATURE) Approval of attached Administrative Order to authorize reallocation of CHIP budget. PLANNING CAMMISSION CIB CAMM{TTEE CIVIL SERVICE COMMISSION Has thie PersorJfirtn everwaked under a wntrect for ihis tlepartmeM? YES NO Fi� mia pe�saJfmm rxr heen a ciFJ �Db'J�� YES NO Does this PersorUfi'm D� a sldll not namal�YP�� M anY curteM oilY emPbyee7 YES NO Is tlua pelea�mi a tarpetetl vendaYl YES NO � IATING PROBLEM ISSUE, OPPORTUNITY (WFw, What, Wlien, Where, Wny) The CHIP �rogram was established to provide up to 35 loans and grantis for neighborhood home purchase/rehab. A second-tier loan was approveA {�- 862 Atlantic. A seperate project ' code is needed to track the loan paynents op this property. ADVANTAGESIFAPPROVED A clear record of loan payments. �� �����. ,; � � � t ; _ AMOUNT OF TRANSACTION � 1 3� 5 3 S STAR �� COST/REVENUE BUDfiETm (GRCLE ONE) YES NO aerrvmNUrsoe From: P7-930-90305-0547-77094 To: P7-930-90305-0547-77303 Net effect to budget is zero. ��. MAR 2 7 20Q0 �� � Y �L��t�