Green Bond Program
The City began its Green Bond financing program in 2015 to fund its annual capital improvement and maintenance projects for the Sanitary and Storm Sewer Utility. The capital projects funded by these Green bonds reduce the amount of untreated sewage and storm water that enter the environment and reduce the amount of clean water entering the treatment system.
The first Green Bond report was published in May of 2016 . The City plans to update this report annually, or until the proceeds of a series have been spent.
Ford Site Redevelopment
The City presented the preliminary draft of proposed zoning and public realm plan for the site in November 2016. Studies completed in 2016 include a market study, energy study, and jobs study/strategy. All buildings on the site have been demolished and the site has undergone most environmental testing, which is now being remediated by Ford Land overseen by the Minnesota Pollution Control Agency.
City of Saint Paul Planning Commission recommends approval of Ford Site Zoning and Public Realm Master Plan:
Provide your input on draft Ford site plans:
Major League Soccer Stadium
Minnesota United FC, a North American Soccer League team, has proposed constructing a 20,000 seat major league soccer (MLS) stadium at I-94 and Snelling Avenue, as part of a planned and coordinated redevelopment of the entire 34.5 acre site that also includes the Midway Shopping Center (property owned by private landowner RK Midway). The goal is to create a new urban village surrounding the stadium that includes retail, office, residential and public open space uses.
The City committed $18.4 million to new roads, sewers, green space and other infrastructure near the stadium, and the stadium will be privately financed.
Macy's Site Redevelopment
Treasure Island Resort and Casino has entered an agreement for naming rights for the redeveloped building which will include a rooftop practice facility for the NHL's Minnesota Wild.
Climate Action Plan
On Monday, the city of St. Paul will host the first of three community meetings to discuss a potential Climate Action Plan — an organized effort to improve energy efficiency in buildings and homes, increase reliance on renewable energy and lower the city’s “carbon footprint” to nil by the year 2050.
Joint Property Tax Advisory Committee (JPTAC)
The Joint Property Tax Advisory Committee (JPTAC) was established by state law. The Committee consists of elected or appointed officials from the City of Saint Paul, Ramsey County, and School Independent School District 625. The Committee is not open for public appointments. The Committee will meet from time to time to make appropriate recommendations for the efficient and effective use of property tax dollars raised by each jurisdiction for programs, buildings, and operations. The main purpose of JPTAC is to coordinate setting policies on budgets and taxation that jointly affect the citizens and taxpayers in the City of Saint Paul who are served and taxed by the three units of government.
Duties of the Committee include:
- Identify trends and factors likely to be driving budget outcomes over the next five years with recommendations for how the jurisdictions should manage those trends and factors to increase efficiency and effectiveness
- Agree on the appropriate level of overall property tax levy for the three jurisdictions and publicly report to the governing bodies of each jurisdiction for ratification or modification by resolution
- Identify areas of the budget to be targeted in the coming year for joint review to improve services and achieve efficiencies
Through JPTAC, an ad hoc sub-committee was formed called the Joint Debt Advisory Committee (JDAC). The JDAC works on cross-jurisdiction communication, planning, and coordination regarding debt issuances. JDAC's goal is to coordinate and monitor the impact of general obligation, property tax supported bonds in the City of Saint Paul.