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1317-19
| A | | Subject: Communication sponsored by Mayor Mason requesting permission to authorize a HOME Multifamily Loan with Brinshore Development for up to $250,000 related to the St. Paul Commons project. | Communication | Subject: Communication sponsored by Mayor Mason requesting permission to authorize a HOME Multifamily Loan with Brinshore Development for up to $250,000 related to the St. Paul Commons project.
Recommendation of the Finance & Personnel Committee on 11-25-2019: Approval of a HOME loan to Brinshore Development related to the St. Paul Commons project for up to $250,000 at 1% interest with a 20-year term. Mortgage, promissory note, land use restriction agreement, and HOME agreement to be signed at closing after demonstrating full project financing and a completed environmental review.
Fiscal Note: There are sufficient HOME funds available to meet this request up to $250,000. All principal and interest would be returned to the city as HOME program income. | Recommended For Approval | Pass |
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1222-19
| A | | | Communication | Subject: Communication sponsored by Alder Shakoor II. for review and approval of the 2020 Operating Plan for Business Improvement District No.4, Douglas Avenue.
Recommendation of the Finance & Personnel Committee on 11-25-2019: To approve the Business Improvement District No. 4, Douglas Avenue, proposed 2020 Operating Plan and direct the Finance Director to include the District's special charges on the 2019 property tax bills of affected parcels.
Fiscal Note: It is estimated that $48,000 will be raised through bid assessments to be placed into the Douglas Avenue Business Improvement District revenue account. | Recommended For Approval | Pass |
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1303-19
| A | | Communication sponsored by Alder Tate II for review and approval of the 2020 Operating Plan for Business Improvement District No. 3, Uptown. | Communication | Subject: Communication sponsored by Alder Tate II for review and approval of the 2020 Operating Plan for Business Improvement District No. 3, Uptown.
Recommendation of the Finance & Personnel Committee on 11-25-2019: To approve the Business Improvement District No. 3, Uptown, proposed 2020 Operating Plan and direct the Finance Director to include the District's special charges on the 2019 property tax bills of affected parcels.
Fiscal Note: It is estimated that $35,000.00 will be raised through bid assessments to be placed into the Uptown Business Improvement District revenue account. | Recommended For Approval | Pass |
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1260-19
| A | | Subject: Communication sponsored by Alder Perez requesting language be added to the employee handbook that would permit employees, who have a conceal carry permit, to bring their weapon into the building and to conceal carry while on duty. | Communication | Subject: Communication sponsored by Alder Perez requesting language be added to the employee handbook that would permit employees, who have a conceal carry permit, to bring their weapon into the building and to conceal carry while on duty.
Recommendation of the Finance & Personnel Committee on 11-11-2019: None at this time.
Recommendation of the Finance & Personnel Committee on 11-25-2019: To receive and file.
Fiscal Note: N/A | Received and Filed | Pass |
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