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File #: RES 15-945    Version: Name:
Type: Resolution Status: Passed
In control: City Council
Final action: 5/27/2015
Title: Granting (i) approval to enter into the necessary documents with the Port Authority of the City of Saint Paul for the development, construction, installation, and equipping of a new Public Safety Training Facility for the City of Saint Paul and the demolition of the existing Public Safety Annex of the City of Saint Paul and stabilization of such site after demolition; and (ii) preliminary approval of the issuance of certain public safety general obligation bonds anticipated to be issued by the City of Saint Paul and authorizing City finance staff and advisors to take certain actions with respect to the sale of such public safety general obligation bonds.
Sponsors: Amy Brendmoen, Russ Stark
Related files: RES 15-1554
Title
Granting (i) approval to enter into the necessary documents with the Port Authority of the City of Saint Paul for the development, construction, installation, and equipping of a new Public Safety Training Facility for the City of Saint Paul and the demolition of the existing Public Safety Annex of the City of Saint Paul and stabilization of such site after demolition; and (ii) preliminary approval of the issuance of certain public safety general obligation bonds anticipated to be issued by the City of Saint Paul and authorizing City finance staff and advisors to take certain actions with respect to the sale of such public safety general obligation bonds.

Body
WHEREAS, the City of Saint Paul, Minnesota (the "City") has determined that the existing public safety training facilities located in the City's Public Safety Annex at 100 East 10th Street (the "Public Safety Annex") for certain functions of the City's police officers (the "Public Safety Officers") are not adequate for the modern training needs of the City's Public Safety Officers;

WHEREAS, the City's Capital Improvement Budgets and other budget documents for the last few years have identified the replacement of the Public Safety Annex with modern training facilities for the City's Public Safety Officers as a priority capital infrastructure need of the City;

WHEREAS, the Port Authority of the City of Saint Paul (the "Port Authority") has extensive experience developing and financing public facilities and large buildings in the City for use by businesses and units of government such as the State of Minnesota and the City;

WHEREAS, because of the Port Authority's development experience, the City is proposing to contract with the Port Authority for the development, acquisition, construction, installation, and equipping of a new public safety training facility currently anticipated to be located at 600 Lafayette in the City (the "Public Safety Training Facility");

WHEREAS, the Port Authority a...

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