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File #: RES 21-1112    Version: 1
Type: Resolution Status: Passed
In control: City Council
Final action: 8/4/2021
Title: Authorizing the City's ranked list of 2022 State G.O. bonding requests and support for local nonprofit partner State G.O. bonding projects for submittal to Minnesota Management and Budget (MMB).
Sponsors: Amy Brendmoen
Title
Authorizing the City's ranked list of 2022 State G.O. bonding requests and support for local nonprofit partner State G.O. bonding projects for submittal to Minnesota Management and Budget (MMB).

Body
WHEREAS, the City of Saint Paul recognizes that all State G.O. bonds have certain common requirements. They must be for a public purpose, authorized in the constitution, specified in law, and mature in not more than 20 years; and

WHEREAS, the City of Saint Paul understands that the principal purpose for which state G.O. bonds are issued is to acquire and better public land and buildings and to make other public capital improvements; and

WHEREAS, the City of Saint Paul understands that a capital project, in general, is to acquire or improve fixed assets, such as land or buildings; and

WHEREAS, the City of Saint Paul understands that bonds issued under the capital improvements provision may only be for publicly owned projects, whether state or local; and

WHEREAS, the City of Saint Paul understands that it is responsible for the ownership and operation of the nonprofit partner’s governmental program, approval of all proposed legislative language and appropriation amount adjustments, and that no changes may be made without the City’s prior written approval; and

WHEREAS, the City of Saint Paul requests support from the Minnesota State Legislature to fund capital projects to improve the City’s infrastructure, public recreation, and economic development needs, understanding that City projects must be ranked; and

WHEREAS, the City of Saint Paul supports requests to the Minnesota State Legislature for capital investment needs of nonprofit partner projects after the City’s bonding priorities are funded; now, therefore be it

RESOLVED by the City Council of the City of Saint Paul, Minnesota, that its 2022 capital project request to Minnesota Management and Budget include the following State G.O. bonding request, nonprofit partner projects:

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