Sponsor: Finance
Title
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Proposed 2022 Capital Improvement Program Bond Ordinance - Set Public Hearing Date
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Recommendation
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Set the Public Hearing date of November 16, 2021 at 9:00 a.m., or as soon thereafter as possible, in the Council Chambers, third floor of the Ramsey County Courthouse, 15 West Kellogg Boulevard, Saint Paul, MN, or in a virtual format as determined by the Chair of the Ramsey County Board on the proposed 2022 Capital Improvement Program Bond Ordinance.
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Background and Rationale
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Ramsey County proposes to issue general obligation bonds in accordance with Ordinance No. 93-292, adopted July 29, 1993, which sets forth a procedure for issuing bonds in compliance with the Ramsey County Home Rule Charter.
The ordinance procedures in the Ramsey County Home Rule Charter require that a date for a public hearing will be set at the time of the first reading and the date shall be no sooner than 10 days after the first reading. A notification of the public hearing, which includes the draft ordinance, will be publicized in advance of the public hearing.
This action sets the date of the Public Hearing as November 16, 2021 at 9:00 am, or as soon thereafter as possible, in the Council Chambers or via a virtual option on the proposed 2022 Capital Improvement Program Bond Ordinance. Persons who intend to testify or would like to submit questions are requested to contact the Chief Clerk at chiefclerk@ramseycounty.us <mailto:chiefclerk@ramseycounty.us> or (651) 266-8014 prior to Tuesday, November 16, 2021.
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County Goals (Check those advanced by Action)
☐ Well-being ☒ Prosperity ☒ Opportunity ☐ Accountability
Racial Equity Impact
This action by itself does not have a measurable racial equity impact, as the action is just one step in the ordinance process required by the Ramsey County Charter to issue bonds. Ramsey County plans to issue bonds to finance numerous capital improvement projects, each of which provides programs and services to the community. The racial equity impact is considered by the county departments during the development of the associated programs and services for each capital project.
Community Participation Level and Impact
Ramsey County issues bonds to finance capital improvements identified in its annual capital improvement plan, which is developed with public participation through the Capital Improvement Program Citizens’ Advisory Committee (CIPAC), an advisory committee composed of up to 14 residents, appointed by the Ramsey County Board, to assure public participation in the decision-making process. The Ramsey County Board also holds a public hearing as part of the bond ordinance process to afford the public an opportunity to comment on each proposed project. Direct community participation is incorporated by the county departments in the development of the program and services associated with each capital project.
☒ Inform ☒ Consult ☒ Involve ☐ Collaborate ☐ Empower
Fiscal Impact
The proposed 2022 Capital Improvement Program Bond Ordinance authorizes a maximum amount of bond issuance to finance the capital improvements identified in the County’s 2022 Capital Improvement Program Budget and Financing Plan, or as amended, and subject to Ramsey County Board project approval.
County Manager Comments
No additional comments.
Last Previous Action
On December 1, 2020, the Ramsey County Board approved the 2021 Capital Improvement Program Bond Ordinance, which sets forth a procedure for issuance of the bonds (Resolution B2020 - 245).
Attachments
1. Proposed 2022 Capital Improvement Program Bond Ordinance
2. Public Hearing Notice
3. Schedule of Events - 2022 Capital Improvement Program Bond Sale