Title
Amending the financing and spending plans in the Department of Public Works Capital Budget for the Grand Avenue - Snelling to Fairview Project, Grand at Fairview Signal Project and the Grand/Snelling Intersection Improvement Project.
Body
WHEREAS, the City of Saint Paul established a 1% sales and use tax to fund street and parks and recreation facilities improvements over the next 20 years; and
WHEREAS, in 2024 the Department of Public Works is planning to use sales tax funding to replace the Municipal State Aid funding on the Grand - Snelling to Fairview and the Grand/Snelling Intersection Improvement projects as shown in Five Year Capital Plan adopted by the City Council on December 6, 2023; and
WHEREAS, there is a need to add $10,200,000 sales tax funding, $1,000,000 assessment funding, $850,000 Saint Paul Sewer Utility funding and $700,000 Saint Paul Regional Water funding to the Grand - Snelling to Fairview Project; and
WHEREAS, there is a need to add $502,000 sales tax funding, $368,000 MnDOT funding, $50,000 Saint Paul Sewer Utility funding and $25,000 Saint Paul Regional Water funding to the Grand/Snelling Intersection Improvement Project; and
WHEREAS, there is a need to remove $7,542,000 in Municipal State Aid from the Grand - Snelling to Fairview Project, Grand @ Fairview Signal Project and Grand/Snelling Intersection Improvement Project; and
WHEREAS, the Mayor, pursuant to Section 10.07.1 of the Charter of the City of Saint Paul, does certify that there are available for appropriation funds of $13,695,000; and
WHEREAS, the Mayor, pursuant to Section 10.9 of the Charter of the City of Saint Paul, does certify that there are lapsed appropriations of $7,542,000; now, therefore be it
RESOLVED by the Council of the City of Saint Paul, upon recommendation of the Mayor and advice of the Long-Range Capital Improvement Budget Committee, that $13,695,000 is available for appropriation and there is $7,542,000 in lapsed appropriations in the Capital Impr...
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