Agenda - Council - 11/25/1980 - Laserfiche WebLink

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October 21, 1980 TO: FROM: RE: Member Ci~s Offit~,~ Donald Sla~.~,~ecutive Direc or Proposed Building Program for League of Minnesota Cities In early August you received .a letter from me regarding the proposed building plans for a new League office building. Enclosed in the mailing were materials regarding costs, members of the building committee, background information and an opinion survey. We asked that the opinion survey be discussed with city council members and returned to us with your city's opinion to the financing of a building. Our records show that your city has not responded to the survey. The League's Board of Directors wants to have every member city's opinion on the building project and their preference to a financing ~plan..~We need your-response.-- The enclosed brochure was distributed at the regional meetings this fall where members of the League's Building Committee discussed the project. Since the mailing in early August, the St~ Paul Planning Commission rendered a.favorable decision on the zoning for the proposed building site. This will enable the League to construct a building on-the site as a "similar use" to the City of St. Paul, without zoning changes. As a municipal use, the League will not pay real estate taxes. Progress is being made in transferring the property to the League. Participating cities will receive an equity certificate of ownership after a commitment is made. The League is working with the St. Paul Port Authority on a financing plan. The Authority suggests~ that we prepare a prospectus and have a bond issue ready for sale within the next month. This is not possible without your city's commitment. If you need additional information in order to make your decision, we will be happy to respond to your questions. Please feel free to call Helen Schendel or me or any member of the building committee. DAS:kgj 300 hanover building. 480 cedar street, saint paul. minnesota 55101 (~q2) 22~-2~61