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File #: RES 11-1336    Version: 1
Type: Resolution Status: Passed
In control: City Council
Final action: 7/20/2011
Title: Approval of Neighborhood STAR Program 2011 (Cycle 17) Funding
Sponsors: Kathy Lantry
Attachments: 1. RES 11-1336 -Financial Analysis Template 2011 N STAR Resolution Attachment A.pdf
Title
Approval of Neighborhood STAR Program 2011 (Cycle 17) Funding
 
Body
WHEREAS, on September 28, 1994, the City Council of the City of Saint Paul established the Neighborhood Sales Tax Revitalization (STAR) Program, C.F. 94-1127; and
 
WHEREAS, the Neighborhood STAR Program is financed in accordance with Minnesota Statutes, Chapter 297A, authorized by the State of Minnesota, Chapter No. 375, Sec.46; and
 
WHEREAS, the purpose of the Neighborhood STAR Program is to fund capital improvements to further residential, commercial and economic development in the neighborhoods of St. Paul; and
 
WHEREAS, input into the review and selection process was solicited from the Planning Commission, Capital Improvement Budget Committee, and city staff; now therefore be it  
 
RESOLVED, upon the recommendation of the Mayor, and with the advice of the Neighborhood STAR Board, the Council of the City of Saint Paul hereby approves funding of the Seventeenth Cycle Neighborhood STAR Loan and Grant projects as identified on Attachment A; and be it   
 
FURTHER RESOLVED, that implementation of all projects and programs identified for funding in the Seventeenth Cycle Neighborhood STAR Large Loan and Grant Program shall conform to Part 6, Awards and Implementation of the Neighborhood STAR Guidelines as updated in January, 2011; and be it
 
FINALLY RESOLVED, that the Mayor and City Council wish to extend their appreciation to all applicants, and especially to Neighborhood STAR Board members for their commitment of time, talent, and efforts on behalf of the Neighborhood STAR Program and the City of Saint Paul.  
 
 
 
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