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HomeMy WebLinkAbout09-22-14 Council PacketEXPANDED AGENDA CITY COUNCIL AGENDA Monday, September 22, 2014 6:30 p.m. (Scheduled to be broadcast on Channel 16) City Council: Mayor Reinert, Council Members Kusterman, Rafferty, Roeser and Stoesz City Administrator: Jeff Karlson COUNCIL WORK SESSION, 6:00 P.M. Community Room (not televised) 1. Review Regular Agenda 2. Review of Fund Reserves, Al Rolek CITY COUNCIL MEETING, 6:30 P.M. ➢ Roll Call - Council Members Stoesz, Roeser, Rafferty, Kusterman, and Mayor Reinert were present ➢ Pledge of Allegiance ➢ Open Mike / Public Comment - Jesse Fronek, Centennial Fire District Firefighter, read a letter signed by firefighters, relative to the city's withdrawal from the Centennial Fire District ➢ Setting the Agenda: Addition or deletion of agenda items The agenda was amended to add Resolution No. 14-112 to Item 6C SPECIAL PRESENTATIONS ➢ Chain of Lakes Rotary President Sam Alley — Recognition of assistance of the Parks and Recreation Department in the Blue Heron Days event ➢ Presentation of Mayor's Award for Excellence to Public Safety Department ➢ Superintendent Brian Dietz, Centennial ISD 12 — Fall Update on the District 1. CONSENT AGENDA A) Consideration of Expenditures: i) September 22, 2014 (Check No. 98785 - 98879) in the amt of $362,380.58; ii) Centennial Fire District (Check No. 6559 - 6573) in the amount of $14,700.10 B) Consider approval of September 2, 2014 Work Session Minutes C) Consider approval of September 8, 2014 Council Meeting Minutes D) Consider approval of September 8, 2014 Special Session Minutes Action Taken: Motion by Roeser, seconded by Kusterman, to approve the Consent Agenda, Items 1A through 1D, as presented, was adopted Council Agenda -2- September 22, 2014 2. FINANCE DEPARTMENT REPORT A) Consider Resolution No. 14-107 Providing for Issuance and Sale of Approximately $2,645,000 General Obligation Improvement and Utility Revenue Bonds Series 2014A, Al Rolek Action Taken: Motion by Roeser, seconded by Kusterman, to approve Resolution No. 14-107, as presented, was adopted 3. ADMINISTRATION DEPARTMENT REPORT A) 2nd Reading and Passage of Ordinance No. 08-14, Amending Chapter 701 of the Lino Lakes Code of Ordinances, to allow Sunday sales at licensed brewer taprooms, Julie Bartell Action Taken: Motion by Roeser, seconded by Rafferty, to approve the 2nd Reading and passage of Ordinance No. 08-14 as presented, was adopted: Yeas, 5; Nays none 4. PUBLIC SAFETY DEPARTMENT REPORT A) Consider Hiring of New Patrol Officer, Chief Swenson Action Taken: Motion by Rafferty, seconded by Stoesz, to approve the hiring of Tyler Nelson as recommended, was adopted B) Consider Promotion of Captain Kelly McCarthy to Deputy Public Safety Director — Police Division and hiring of Daniel L'Allier as Deputy Public Safety Director — Fire Division, Chief Swenson Action Taken: Motion by Kusterman, seconded by Roeser, to approve the promotion of Kelly McCarthy and hiring of Daniel L'Allier as recommended, was adopted C) Consider approval of Resolution 14-110, Authorizing Enrollment in Statewide Lump -Sum Volunteer Firefighter Retirement Plan (SVFRP) Action Taken: Motion by Kusterman, seconded by Roeser, to approve Resolution No. 14-110 as presented, was adopted D) Public Safety Department Update, Chief Swenson Update — no action 5. PUBLIC SERVICES DEPARTMENT REPORT No report 6. COMMUNITY DEVELOPMENT REPORT A) NorthPointe 2nd Addition, Katie Larsen i) Consider Resolution No. 14-105 Approving Final Plat ii) Consider Resolution No. 14-106 Approving Development Contract Action Taken: Motion by Roeser, seconded by Kusterman, to approve Resolution No. 14-105 and Resolution No. 14-106 as presented, was adopted Council Agenda -3- September 22, 2014 B) Well No. 6, Michael Grochala i) Consider Resolution No. 14-108, Approving Plans and Specification and Authorizing Advertisement for Bids, Well No. 6 ii) Consider Resolution No. 14-109, Amending Resolution No. 14-52, Authorizing Preparation of Plans and Specification, Well No. 6 Pumping Facility Action Taken: Motion by Kusterman, seconded by Roeser, to approve Resolution No. 14-108 and Resolution No. 14-109 as presented, was adopted C) Consider Resolution No. 14-111, and Resolution No. 14-112, Approving 1St and 2nd Amendment to Public Improvement Surety Agreement, NorthPointe, Michael Grochala Action Taken: Motion by Kusterman, seconded by Roeser, to approve Resolution No. 14-111 as presented, was adopted Action Taken: Motion by Kusterman, seconded by Rafferty, to approve Resolution No. 112 as presented, was adopted 7. UNFINISHED BUSINESS None 8. NEW BUSINESS None Adjournment The council meeting was adjourned on a motion by Council Member Rafferty, seconded by Council Member Stoesz, at 8:25 p.m.; the council reconvened to the work session following the regular meeting. Community Calendar — A Look Ahead September 22, 2014 through October 13, 2014 Wednesday, September 24 6:30 pm, Council Chambers Environmental Board Thursday, October 2 8:00 am, Community Room EDAC 4- Monday, October 6 6:00 pm, Community Room Council Work Session 'a4- Monday, October 6 6:30 pm, Council Chambers Park Board 4- Wednesday, October 8 6:30 pm, Council Chambers Planning & Zoning 4- Monday, October 13 6:30 pm, Council Chambers City Council Meeting WS — Item 2 WORK SESSION STAFF REPORT Special Work Session Item 2 Date: September 22, 2014 To: City Council From: Al Rolek Re: Fund and Cash Reserve Balance Information Background At Council's direction, staff has prepared information regarding all City funds, including their origin, purpose, restrictions and cash reserve balances. In addition staff has prepared a schedule of interest income by fund for the period of 2008 through 2013, the average rate of return and benchmarks to compare the return with market rates. Fund and Cash Reserve Balances By Fund The attached spreadsheet lists the current city funds, their purpose, term, restrictions, if any, and current cash balance. City funds are established for various reasons. The General Fund is the central operating fund of the City, with most city functions falling under this area. The primary funding source of this fund is property taxes; intergovernmental revenues, licenses and permits fees, charges for services fees, interest income and various miscellaneous sources providing the remaining financing sources. The General Fund is ongoing, with balances carried over year to year. The disposition of resources within the fund are solely at the City Council's discretion. The City Council has established a fund balance policy for the General Fund to maintain a balance of 40% to 50% of annual budgeted expenditures. This balance has remained over 50% for many years. Special Revenue Funds are established for specific purposes and activities, with revenues generated by sources or fees directly relating to these purposes. The revenues and cash balances have been committed by Council resolution to these purposes. The Council may change this by resolution if it chooses. The City's narcotics and DUI forfeiture funds are included in this fund category, and their use is regulated by federal and state government for law enforcement. Debt Service funds are established when the City finances projects or equipment purchases through the issuance of municipal bonds. These bonds are issued through the authority granted by state statute. The debt service funds account for resources (special assessment collections, debt levies, operating transfers from other funding sources, etc.) accumulated to pay principal and interest on the outstanding bonds. Per the bond documents signed at the time of issuance, these resources are restricted and dedicated to the repayment of the specific debt issue until the issue is fully retired. Once the issue is retired, per past practice and policy, any residual balance is transferred to the Closed Bond Fund. This fund is used to finance projects on the `front-end' before formal financing has been established. Capital Projects funds are created at the time that projects are undertaken by the City. Some funds are perpetual, or `revolving' funds — such as the Building and Facilities fund, the Capital Equipment Replacement fund, etc. Other capital project funds exist while the project is being undertaken, after which the fund is dissolved. Most capital projects are financed through the issuance of bonded debt, grants or cooperative agreements. In nearly all of these cases, the use of the proceeds is regulated or restricted to the projects by the terms of the agreement or by the bond documents. Once the project is completed, the fund is closed and any residual balances are transferred to a related fund, i.e. balance from a bond -financed project are dedicated to the debt service fund for that bond. Enterprise funds are created at the time the City initiates a business -like venture, such as a utility, a community center, etc., where a product or service is sold. Under these circumstances there is an investment in infrastructure in order to provide the product or service. Fees are established to pay for the operation of the enterprise and for ongoing maintenance and replacement of infrastructure used in the enterprise. Lino Lakes operates water and sewer utilities and charges its customers quarterly fees for the use/consumption of these resources. The City Council has established that the cost of depreciation be included in its fee structure to provide for the maintenance and eventual replacement of system infrastructure. The cash balance of each fund reflects the accumulation of resources for this purpose. Agency and Fiduciary funds are used when the City acts as an agent and custodian of funds on behalf of an outside agency/entity. The City operates a fund for contractor's deposits, used to finance cost of development review and land use related activities. The use of these funds is restricted by the terms of the development agreements with the developers. Once completed, any residual balances are returned to the developer. The Foxborough Environmental Trust fund is used for environmentally -related projects within this subdivision. This fund includes a $100,000 nonexpendable trust, which is intended to generate interest income to use for environmental projects. Interest Income By Fund Attached is a spreadsheet which shows city investment income by fund for each year from 2008 through 2013. At the bottom of the spreadsheet annual average investment yields are listed, along with industry benchmarks for comparison purposes. State Statutes provide for the investment of public funds not needed for immediate use. Minnesota Statute 118A establishes the authority and specific parameters for the investment of public funds. The range of investments for public funds is quite restricted in order to preserve the safety and liquidity of invested funds. Investments in commercial banking products, such as bank deposits, certificates of deposit, etc., over the FDIC insured level of $250,000 must be collateralized. Additionally, Lino Lakes, as most cities, has established an investment policy to guide the investment of city cash reserves. Staff uses a `pooled' investment approach, whereby cash from all funds is pooled together for investment purposes. This allows for sizing investments such that they may be more marketable to achieve better yields. The interest income generated through the investments is allocated to the various funds using the average cash balance of the funds. Funds having a negative cash balance and contractor deposits are not allocated interest income. For budgeted funds, interest income is included in the budgeted revenue sources. Interest income in debt service funds and tax increment funds are dedicated and defined as bond/TIF proceeds. Interest income in capital project funds is dedicated to the financing of that particular project. Investment yields are compared to certain market benchmarks as a means to determine whether the strategies being used are resulting in desired outcomes. A comparison of the City's average annual yields to market benchmarks for allowable public funds investment indicates that investment strategies are resulting in positive outcomes, while providing for the safety of principal invested. Discussion. Staff is prepared to discuss the attached information with the Council to provide a better understanding of the purpose and financing requirements for each of the City's funds and the investment approach and options employed by staff. Requested Council Direction None. Attachments Cash Reserve Analysis By Fund Interest Income By Fund M.S. 118A Lino Lakes Investment Policy CITY OF LINO LAKES CASH RESERVE ANALYSIS BY FUND As of 8/31/2014 Fund Established Term Purpose of Fund Restrictions on Use of Funds Cash Reserves General 1955 Ongoing General Operations Council Directed - City Fund Balance Policy 3,906,483 Special Revenue Funds Recreation Program 1993 Ongoing Recreation Programming Council Committed to Recreation Programming 158,226 EDA 1989 Ongoing EDA Operations Council/EDA Directed for EDA Operations (196) Cable TV 2012 Ongoing Cable TV Operation/Equip Council Committed to Cable TV Broadcast needs 39,041 Blue Heron Days 2014 Ongoing Blue Heron Days Event Operations Council Committed to Blue Heron Days Activities 20,634 Fed Narcotics Forfeit 2014 Ongoing Public Safety Forfeitures Council Committed to Law Enforcement - Fed Regulated 41,793 State Narcotics Forfeit 2014 Ongoing Public Safety Forfeitures Council Committed to Law Enforcement - State Regulated 159 DUI Forfeit 2014 Ongoing Public Safety Forfeitures Council Committed to Law Enforcement - State Regulated 2,872 Debt Service Funds Closed Bond Fund 1988 Ongoing Capital Projects Startup Council Directed - Dedicated to future Cap Projects 1,680,056 Certificates of lndebt 1980's Ongoing - term of Certs Debt Service Restricted to Repayment of Bond P & I Per M.S. 412/Bond Documents 241,493 GO Imp 2005A 2005 Retires Feb 2021 Debt Service Restricted to Repayment of Bond P & I Per M.S. 429/Bond Documents (375,880) GO Imp 2005B 2005 Retires Feb 2015 Debt Service Restricted to Repayment of Bond P & I Per M.S. 429/Bond Documents 113,578 GO Tax Abatement 2006C 2006 Retires Feb 2023 Debt Service Restricted to Repayment of Bond P & I Per M.S. 469/Bond Documents 110,681 GO Utility Rev 2006D 2006 Retires Feb 2017 Debt Service Restricted to Repayment of Bond P & I Per M.S. 444/Bond Documents 63,097 GO CIP 2006E 2006 Retires Feb 2018 Debt Service Restricted to Repayment of Bond P & I Per M.S. 475/Bond Documents 637,131 GO TIF 2007A 2007 Retires Feb 2024 Debt Service Restricted to Repayment of Bond P & I Per M.S. 469/Bond Documents (313,979) GO Imp Note 2009A 2009 Retires Aug 2021 Debt Service Restricted to Repayment of Bond P & I Per M.S. 429/JPA/Bond Docs (101,063) GO Imp & Utility Rev 2010A 2010 Retires Feb 2020 Debt Service Restricted to Repayment of Bond P & I Per M.S. 429/444/Bond Docs 214,520 GO 2012A 2012 Retires Feb 2024 Debt Service Restricted to Repayment of Bond P & I Per M.S. 475/Bond Documents 201,973 GO Imp 2013A 2013 Retires Feb, 2024 Debt Service Restricted to Repayment of Bond P & I Per M.S. 429/Bond Documents (16,746) Capital Projects Funds Cap Imp/Bldgs & Facilities Revolving 1985 Ongoing Municipal Bldg Maint/Replacement Council Directed - Assigned for Mun Bldgs 684,184 Cap Equip Revolving 2005 Ongoing Cap Equip Replacement Council Directed - Assigned for Cap Equip Replacement 269,003 Office Equip Revolving 2005 Ongoing Office Equip Replacement Council Directed - Assigned for Office Equip Replacement 279,790 Dedicated Parks 1970's Ongoing Dedicated Replacement Dedicated to Park Development 19,607 Area & Unit 1980's Ongoing Municipal Area Maint/Replacement' Dedicated to Water/Sewer Infrastructure 3,857,486 TIF 1-5 1993 Required 12/31/22 TIF Financing - Willow Ponds Housing Restricted to use per TIF Plan & M.S. 469 154,218 TIF 1-10 2003 Required 12/31/31 Spec Legislation for Legacy Project/35W Restricted to Repayment of 2005A/2007A P & I Per Sp. Legislation 258,305 TIF 1-11 2004 Required 12/31/31 TIF Financing of Legacy Project/35W Interchange Restricted to use per TIF Plan & M.S. 469 (728,478) MSA 1989 Ongoing Reconstruct MSA Road System Restricted to MSA eligible projects (I -35E & I -35W Projects) 4,387,646 Seal Coating/Overlay 1991 Ongoing Street Mainteance Council Directed - Assigned for Street Maintenance 1,007,735 Storm Water Management 1980's Ongoing Develop Storm Drainage System Assigned for Storm Water Management 489,430 Street Reconstruction 1995-1996 Ongoing Street Upgrade/Replacement Assigned for Street Replacement 638,466 Legacy at Woods Edge 2005 Completion of Project Legacy/I-35W Interchante Assigned for Legacy Improvements/I-35W Interchange 529,772 135E Interchange 2009 Completion of Project I -35E Interchange Assigned for I -35E Interchange Project 143,292 Main/Lake - Birch/Ware Traffic Signal 2012 Completion of Project Install Traffic Signals at Intersections Assigned for Installation ofTraffic Signals 106,219 Otter Lake Rd Ext 2013 Completion of Project Extension of Otter Lake Rd Assigned for Otter Lake Road Extension 301,654 21st Ave Ext 2014 Completion of Project Extension of 21st Ave Assigned for 21st Avenue Extension (33,371) Enterprise Funds Water 1971 Ongoing Water Operations & Infrastructure Council Directed - Assigned for Operations/Infrastructure Maint & Replacement 4,997,103 Sewer 1971 Ongoing Sewer Operations & Infrastructure Council Directed - Assigned for Operations/Infrastructure Maint & Replacement 7,479,137 Agency/Fiduciary Funds Contractors Deposits 1980's Ongoing Construction/Development Escrows Payment of Development -Related Services 523,284 Interim SA -- Ongoing Sp Assessment Prepays Reserved for Debt Service 37,946 Foxborough Trust 2005 Ongoing Environmental Trust Restricted for Foxborough Environmental Projects; $100,000 is Unspendable Trust per developer agreement 127,761 Total 32,154,062 CITY OF LINO LAKES INTEREST INCOME BY FUND 2008 - 2013 Interest Distribution Fund 2008 2009 2010 2011 2012 2013 General 134,521 105,443 45,811 54,390 38,603 38,093 Special Revenue Funds Recreation Program 4,693 3,536 1,555 1,847 1,445 1,480 EDA - - - - - - Cable TV - - - - - 93 Blue Heron Days - - - - - - Fed Narcotics Forfeit - - - - - - State Narcotics Forfeit - - - - - - DUI Forfeit - - - - - - Debt Service Funds Closed Bond Fund 38,274 29,250 12,085 14,019 13,326 13,588 Certificates of Indebt 4,838 4,051 1,948 2,760 1,730 1,933 GO Imp 2005A 3,885 - - - - - GO Imp 20058 980 3,195 2,695 - - 786 GO Tax Abatement 2006C 391 302 248 544 608 867 GO Utility Rev 2006D 534 - - - 200 314 GO CIP 2006E 343 667 738 - 5,543 5,775 GO TIF 2007A 5,909 - - - - - GO Imp Note 2009A - - - - - 394 GO Imp & Utility Rev 2010A - - 536 28 282 - GO 2012A - - - - 658 - GO Imp 2013A - - - - - 760 Capital Projects Funds Bldgs & Facilities Revolving 49,574 42,602 20,936 18,497 9,890 6,642 Cap Equip Revolving 8,405 24,839 3,833 4,380 2,210 1,325 Office Equip Revolving 6,672 5,692 2,807 3,493 2,712 2,658 Dedicated Parks 6,362 3,799 1,243 724 4 32 Area & Unit 91,695 86,987 66,444 72,550 55,952 51,435 TIF 1-5 1,542 1,293 619 773 697 1,087 TIF 1-10 3,960 4,269 1,117 1,740 2,293 2,461 TIF 1-11 - - - - - - MSA 21,204 28,612 15,810 23,854 33,554 49,950 Seal Coating 17,787 11,013 7,000 7,921 7,325 8,205 Storm Water Management 5,212 5,313 2,749 4,305 3,660 9,969 Street Reconstruction 21,008 16,517 7,329 7,265 5,854 6,031 Legacy at Woods Edge 66,357 15,470 5,995 6,875 5,437 5,302 135E Interchange - - 100 - 2,648 2,437 Main/Lake - Birch/Ware Traffic Signal - - - - - 3,360 Otter Lake Rd Ext - - - - - 1,784 21st Ave Ext - - - - - - Enterprise Funds Water 90,992 74,818 37,249 43,983 35,321 43,075 Sewer 183,506 153,929 67,521 82,232 66,752 70,327 Agency/Fiduciary Funds Contractors Deposits NA NA NA NA NA NA Interim SA NA NA NA NA NA NA Foxborough Trust 4,271 3,131 1,322 1,505 1,115 11,754 Totals - Current Funds 772,915 624,728 307,690 353,685 297,819 341,917 Average Yield 3.77% 3.19% 1.74% 1.51% 1.08% 1.07% Benchmarks 1 year US Treasuries on 12/31 0.30% 0.27% 0.23% 0.07% 0.14% 0.11% 3 year Certificates of Deposit 2.95% 2.05% 1.00% 1.00% 0.90% 0.85% 1 MINNESOTA STATUTES 2013 118A.02 CHAPTER 118A DEPOSIT AND INVESTMENT OF LOCAL PUBLIC FUNDS 118A.01 DEFINITIONS. 118A.05 CONTRACTS AND AGREEMENTS. 118A.02 DEPOSITORIES; INVESTING: SALES, 118A.06 SAFEKEEPING; ACKNOWLEDGEMENTS. PROCEEDS, IMMUNITY. 118A.07 ADDITIONAL INVESTMENT AUTHORITY. 118A.03 WHEN AND WHAT COLLATERAL REQUIRED. 118A.08 NO SUPERSEDING EFFECT. 118A.04 INVESTMENTS. 118A.01 DEFINITIONS. Subdivision 1. Application. The definitions in this section apply to sections 118A.01 to 118A.06. Subd. 2. Government entity. (a) "Government entity" means a county, city, town, school district, hospital district, public authority, public corporation, public commission, special district, any other political subdivision, except an entity whose investment authority is specified under chapter 11A or 356A. (b) For the purposes of sections 118A.02 and 118A.03 only, the term includes an American Indian tribal government entity located within a federally recognized American Indian reservation. Subd. 3. Financial institution. "Financial institution" means a savings association, commercial bank, trust company, credit union, or industrial loan and thrift company. Subd. 4. Public funds. "Public funds" means all general, special, permanent, trust, and other funds, regardless of source or purpose, held or administered by a government entity, unless otherwise restricted. History: 1996 c 399 art 1 s 2; 1999 c 151 s 39 118A.02 DEPOSITORIES; INVESTING: SALES, PROCEEDS, IMMUNITY. Subdivision 1. Designation; delegation. (a) The governing body of each government entity shall designate, as a depository of its funds, one or more financial institutions. (b) The governing body may authorize the treasurer or chief financial officer to: (1) designate depositories of the funds; (2) make investments of funds under sections 118A.01 to 118A.06 or other applicable law; or (3) both designate depositories and make investments as provided in this subdivision. Subd. 2. Sale; proceeds; immunity, if loss. (a) The treasurer or chief financial officer of a government entity may at any time sell obligations purchased pursuant to this section and the money received from such sale, and the interest and profits or loss on such investment shall be credited or charged, as the case may be, to the fund from which the investment was made. (b) Neither such official nor government entity, nor any other official responsible for the custody of such funds, shall be personally liable for any loss sustained from the deposit or investment of funds in accordance with the provisions of sections 118A.04 and 118A.05. History: 1996 c 399 art 1 s 3 Copyright © 2013 by the Office of the Revisor of Statutes, State of Minnesota. All Rights Reserved. 2 MINNESOTA STATUTES 2013 118A.03 118A.03 WHEN AND WHAT COLLATERAL REQUIRED. Subdivision 1. For deposits beyond insurance. To the extent that funds on deposit at the close of the financial institution's banking day exceed available federal deposit insurance, the government entity shall require the financial institution to furnish collateral security or a corporate surety bond executed by a company authorized to do business in the state. For the purposes of this section, "banking day" has the meaning given in Federal Reserve Board Regulation CC, Code of Federal Regulations, title 12, section 229.2(f), and incorporates a financial institution's cutoff hour established under section 336.4-108. Subd. 2. In lieu of surety bond. The following are the allowable forms of collateral in lieu of a corporate surety bond: (1) United States government Treasury bills, Treasury notes, Treasury bonds; (2) issues of United States government agencies and instrumentalities as quoted by a recognized industry quotation service available to the government entity; (3) general obligation securities of any state or local government with taxing powers which is rated "A" or better by a national bond rating service, or revenue obligation securities of any state or local government with taxing powers which is rated "AA" or better by a national bond rating service; (4) general obligation securities of a local government with taxing powers may be pledged as collateral against funds deposited by that same local government entity; (5) irrevocable standby letters of credit issued by Federal Home Loan Banks to a municipality accompanied by written evidence that the bank's public debt is rated "AA" or better by Moody's Investors Service, Inc., or Standard & Poor's Corporation; and (6) time deposits that are fully insured by any federal agency. Subd. 3. Amount. The total amount of the collateral computed at its market value shall be at least ten percent more than the amount on deposit at the close of the financial institution's banking day, except that where the collateral is irrevocable standby letters of credit issued by Federal Home Loan Banks, the amount of collateral shall be at least equal to the amount on deposit at the close of the financial institution's banking day. The financial institution may furnish both a surety bond and collateral aggregating the required amount. Subd. 4. Assignment. Any collateral pledged shall be accompanied by a written assignment to the government entity from the financial institution. The written assignment shall recite that, upon default, the financial institution shall release to the government entity on demand, free of exchange or any other charges, the collateral pledged. Interest earned on assigned collateral will be remitted to the financial institution so long as it is not in default. The government entity may sell the collateral to recover the amount due. Any surplus from the sale of the collateral shall be payable to the financial institution, its assigns, or both. Subd. 5. Withdrawal of excess collateral. A financial institution may withdraw excess collateral or substitute other collateral after giving written notice to the governmental entity and receiving confirmation. The authority to return any delivered and assigned collateral rests with the government entity. Subd. 6. Default. For purposes of this section, default on the part of the financial institution includes, but is not limited to, failure to make interest payments when due, failure to promptly deliver upon demand all money on deposit, less any early withdrawal penalty that may be required Copyright © 2013 by the Office of the Revisor of Statutes, State of Minnesota. All Rights Reserved. 3 MINNESOTA STATUTES 2013 118A.04 in connection with the withdrawal of a time deposit, or closure of the depository. If a financial institution closes, all deposits shall be immediately due and payable. It shall not be a default under this subdivision to require prior notice of withdrawal if such notice is required as a condition of withdrawal by applicable federal law or regulation. Subd. 7. Safekeeping. All collateral shall be placed in safekeeping in a restricted account at a Federal Reserve bank, or in an account at a trust department of a commercial bank or other financial institution that is not owned or controlled by the financial institution furnishing the collateral. The selection shall be approved by the government entity. History: 1996 c 399 art 1 s 4; 2003 c 51 s 15,16; 2004 c 151 s 1,2; 2004 c 174 s 2; 2007 c 44 s 7; 2007 c 57 art 3 s 39; 2008 c 154 art 10 s 1 118A.04 INVESTMENTS. Subdivision 1. What may be invested. Any public funds, not presently needed for other purposes or restricted for other purposes, may be invested in the manner and subject to the conditions provided for in this section. Subd. 2. United States securities. Public funds may be invested in governmental bonds, notes, bills, mortgages (excluding high-risk mortgage-backed securities), and other securities, which are direct obligations or are guaranteed or insured issues of the United States, its agencies, its instrumentalities, or organizations created by an act of Congress. Subd. 3. State and local securities. Funds may be invested in the following: (1) any security which is a general obligation of any state or local government with taxing powers which is rated "A" or better by a national bond rating service; (2) any security which is a revenue obligation of any state or local government which is rated "AA" or better by a national bond rating service; (3) a general obligation of the Minnesota housing finance agency which is a moral obligation of the state of Minnesota and is rated "A" or better by a national bond rating agency; and (4) any security which is an obligation of a school district with an original maturity not exceeding 13 months and (i) rated in the highest category by a national bond rating service or (ii) enrolled in the credit enhancement program pursuant to section 126C.55. Subd. 4. Commercial papers. Funds may be invested in commercial paper issued by United States corporations or their Canadian subsidiaries that is rated in the highest quality category by at least two nationally recognized rating agencies and matures in 270 days or less. Subd. 5. Time deposits. Funds may be invested in time deposits that are fully insured by the Federal Deposit Insurance Corporation or bankers acceptances of United States banks. Subd. 6. High-risk mortgage-backed securities. For the purposes of this section and section 118A.05, "high-risk mortgage-backed securities" are: (a) interest -only or principal -only mortgage-backed securities; and (b) any mortgage derivative security that: (1) has an expected average life greater than ten years; (2) has an expected average life that: (i) will extend by more than four years as the result of an immediate and sustained parallel shift in the yield curve of plus 300 basis points; or Copyright © 2013 by the Office of the Revisor of Statutes, State of Minnesota. All Rights Reserved. 4 MINNESOTA STATUTES 2013 118A.05 (ii) will shorten by more than six years as the result of an immediate and sustained parallel shift in the yield curve of minus 300 basis points; or (3) will have an estimated change in price of more than 17 percent as the result of an immediate and sustained parallel shift in the yield curve of plus or minus 300 basis points. Subd. 7. Temporary general obligation bonds. Funds may be invested in general obligation temporary bonds of the same governmental entity issued under section 429.091, subdivision 7, 469.178, subdivision 5, or 475.61, subdivision 6. Subd. 8. Debt service funds. Funds held in a debt service fund may be used to purchase any obligation, whether general or special, of an issue which is payable from the fund, at such price, which may include a premium, as shall be agreed to by the holder, or may be used to redeem any obligation of such an issue prior to maturity in accordance with its terms. The securities representing any such investment may be sold by the governmental entity at any time, but the money so received remains part of the fund until used for the purpose for which the fund was created. Any obligation held in a debt service fund from which it is payable may be canceled at any time unless otherwise provided in a resolution or other instrument securing obligations payable from the fund. Subd. 9. Broker; statement and receipt. (a) For the purpose of this section and section 118A.05, the term "broker" means a broker-dealer, broker, or agent of a government entity, who transfers, purchases, sells, or obtains securities for, or on behalf of, a government entity. (b) Prior to completing an initial transaction with a broker, a government entity shall provide annually to the broker a written statement of investment restrictions which shall include a provision that all future investments are to be made in accordance with Minnesota Statutes governing the investment of public funds. (c) A broker must acknowledge annually receipt of the statement of investment restrictions in writing and agree to handle the government entity's account in accordance with these restrictions. A government entity may not enter into a transaction with a broker until the broker has provided this written agreement to the government entity. (d) The state auditor shall prepare uniform notification forms which shall be used by the government entities and the brokers to meet the requirements of this subdivision. History: 1996 c 399 art 1 s 5; 2013 c 143 art 12 s 1 118A.05 CONTRACTS AND AGREEMENTS. Subdivision 1. May enter into. In addition to other authority granted in sections 118A.01 to 118A.06, government entities may enter into contracts and agreements as follows. Subd. 2. Repurchase agreements. Repurchase agreements consisting of collateral allowable in section 118A.04, and reverse repurchase agreements may be entered into with any of the following entities: (1) a financial institution qualified as a "depository" of public funds of the government entity; (2) any other financial institution which is a member of the Federal Reserve System and whose combined capital and surplus equals or exceeds $10,000,000; (3) a primary reporting dealer in United States government securities to the Federal Reserve Bank of New York; or Copyright © 2013 by the Office of the Revisor of Statutes, State of Minnesota. All Rights Reserved. 5 MINNESOTA STATUTES 2013 118A.05 (4) a securities broker-dealer licensed pursuant to chapter 80A, or an affiliate of it, regulated by the Securities and Exchange Commission and maintaining a combined capital and surplus of $40,000,000 or more, exclusive of subordinated debt. Reverse agreements may only be entered into for a period of 90 days or less and only to meet short-term cash flow needs. In no event may reverse repurchase agreements be entered into for the purpose of generating cash for investments, except as stated in subdivision 3. Subd. 3. Securities lending agreements. Securities lending agreements, including custody agreements, may be entered into with a financial institution meeting the qualifications of subdivision 2, clause (1) or (2), and having an office located in Minnesota. Securities lending transactions may be entered into with entities meeting the qualifications of subdivision 2 and the collateral for such transactions shall be restricted to the securities described in this section and section 118A.04. Subd. 4. Minnesota joint powers investment trust. Government entities may enter into agreements or contracts for: (1) shares of a Minnesota joint powers investment trust whose investments are restricted to securities described in this section and section 118A.04; (2) units of a short-term investment fund established and administered pursuant to regulation 9 of the Office of the Comptroller of the Currency, in which investments are restricted to securities described in this section and section 118A.04; (3) shares of an investment company which is registered under the Federal Investment Company Act of 1940 and which holds itself out as a money market fund meeting the conditions of rule 2a-7 of the Securities and Exchange Commission and is rated in one of the two highest rating categories for money market funds by at least one nationally recognized statistical rating organization; or (4) shares of an investment company which is registered under the Federal Investment Company Act of 1940, and whose shares are registered under the Federal Securities Act of 1933, as long as the investment company's fund receives the highest credit rating and is rated in one of the two highest risk rating categories by at least one nationally recognized statistical rating organization and is invested in financial instruments with a final maturity no longer than 13 months. Subd. 5. Guaranteed investment contracts. Agreements or contracts for guaranteed investment contracts may be entered into if they are issued or guaranteed by United States commercial banks, domestic branches of foreign banks, United States insurance companies, or their Canadian subsidiaries, or the domestic affiliates of any of the foregoing. The credit quality of the issuer's or guarantor's short- and long-term unsecured debt must be rated in one of the two highest categories by a nationally recognized rating agency. Agreements or contracts for guaranteed investment contracts with a term of 18 months or less may be entered into regardless of the credit quality of the issuer's or guarantor's long-term unsecured debt, provided that the credit quality of the issuer's short-term unsecured debt is rated in the highest category by a nationally recognized rating agency. Should the issuer's or guarantor's credit quality be downgraded below "A", the government entity must have withdrawal rights. History: 1996 c 399 art 1 s 6; 1997 c 219 s 1; 2000 c 493 s 1; 2005 c 152 art 1 s 2; 2010 c 234s1; 2010c385s4; 2013 c 143 art 12 s 2 Copyright © 2013 by the Office of the Revisor of Statutes, State of Minnesota. All Rights Reserved. 6 MINNESOTA STATUTES 2013 118A.07 118A.06 SAFEKEEPING; ACKNOWLEDGEMENTS. (a) Investments, contracts, and agreements may be held in safekeeping with: (1) any Federal Reserve bank; (2) any bank authorized under the laws of the United States or any state to exercise corporate trust powers, including, but not limited to, the bank from which the investment is purchased; (3) a primary reporting dealer in United States government securities to the Federal Reserve Bank of New York; or (4) a securities broker-dealer, or an affiliate of it, that meets the following requirements: (i) it is registered as a broker-dealer under chapter 80A or is exempt from the registration requirements; (ii) it is regulated by the Securities and Exchange Commission; and (iii) it maintains insurance through the Securities Investor Protection Corporation or excess insurance coverage in an amount equal to or greater than the value of the securities held. (b) The government entity's ownership of all securities under paragraph (a) must be evidenced by written acknowledgments identifying the securities by the names of the issuers, maturity dates, interest rates, CUSIP number, or other distinguishing marks. History: 1996 c 399 art 1 s 7; 2010 c 234 s 2 118A.07 ADDITIONAL INVESTMENT AUTHORITY. Subdivision 1. Authority provided. As used in this section, "governmental entity" means a city with a population in excess of 200,000 or a county that contains a city of that size. If a governmental entity meets the requirements of subdivisions 2 and 3, it may exercise additional investment authority under subdivisions 4, 5, and 6. Subd. 2. Written policies and procedures. Prior to exercising any additional authority under subdivisions 4, 5, and 6, the governmental entity must have written investment policies and procedures governing the following: (1) the use of or limitation on mutual bond funds or other securities authorized or permitted investments under law; (2) specifications for and limitations on the use of derivatives; (3) the final maturity of any individual security; (4) the maximum average weighted life of the portfolio; (5) the use of and limitations on reverse repurchase agreements; (6) credit standards for financial institutions with which the government entity deals; and (7) credit standards for investments made by the government entity. Subd. 3. Oversight process. Prior to exercising any authority under subdivisions 4, 5, and 6, the governmental entity must establish an oversight process that provides for review of the government entity's investment strategy and the composition of the financial portfolio. This process shall include one or more of the following: (1) audit reviews; (2) internal or external investment committee reviews; and (3) internal management control. Copyright © 2013 by the Office of the Revisor of Statutes, State of Minnesota. All Rights Reserved. 7 MINNESOTA STATUTES 2013 118A.08 Additionally, the governing body of the governmental entity must, by resolution, authorize its treasurer to utilize the additional authorities under this section within their prescribed limits, and in conformance with the written limitations, policies, and procedures of the governmental entity. If the governing body of a governmental entity exercises the authority provided in this section, the treasurer of the governmental entity must annually report to the governing body on the findings of the oversight process required under this subdivision. If the governing body intends to continue to exercise the authority provided in this section for the following calendar year, it must adopt a resolution affirming that intention by December 1. Subd. 4. Repurchase agreements. A government entity may enter into repurchase agreements as authorized under section 118A.05, provided that the exclusion of mortgage-backed securities defined as "high-risk mortgage-backed securities" under section 118A.04, subdivision 6, shall not apply to repurchase agreements under this authority if the margin requirement is 101 percent or more. Subd. 5. Reverse repurchase agreements. Notwithstanding the limitations contained in section 118A.05, subdivision 2, the county may enter into reverse repurchase agreements to: (1) meet cash flow needs; or (2) generate cash for investments, provided that the total securities owned shall be limited to an amount not to exceed 130 percent of the annual daily average of general investable monies for the fiscal year as disclosed in the most recently available audited financial report. Excluded from this limit are: (i) securities with maturities of one year or less; and (ii) securities that have been reversed to maturity. There shall be no limit on the term of a reverse repurchase agreement. Reverse repurchase agreements shall not be included in computing the net debt of the governmental entity, and may be made without an election or public sale, and the interest payable thereon shall not be subject to the limitation in section 475.55. The interest shall not be deducted or excluded from gross income of the recipient for the purpose of state income, corporate franchise, or bank excise taxes, or if so provided by federal law, for the purpose of federal income tax. Subd. 6. Options and futures. A government entity may enter into futures contracts, options on futures contracts, and option agreements to buy or sell securities authorized under law as legal investments for counties, but only with respect to securities owned by the governmental entity, including securities that are the subject of reverse repurchase agreements under this section that expire at or before the due date of the option agreement. History: 1996 c 399 art 1 s 8 118A.08 NO SUPERSEDING EFFECT. Except as provided in Laws 1996, chapter 399, article 1, section 11, sections 118A.01 to 118A.06 shall not supersede any general or special law relating to the deposit and investment of public funds. History: 1996 c 399 art 1 s 9 Copyright © 2013 by the Office of the Revisor of Statutes, State of Minnesota. All Rights Reserved. CITY OF LINO LAKES INVESTMENT POLICY I. Scope This policy applies to the investment of all municipal funds. 1. Pooling of Funds Except for cash in certain restricted and special funds, the City of Lino Lakes will consolidate cash balances from all funds to maximize investment earnings. Investment income will be allocated to the various funds based on their respective participation and in accordance with generally accepted accounting principles. II. General Objectives The primary objectives, in priority order, of investment activities shall be safety, liquidity, and yield: 1. Safety Safety of principal is the foremost objective of the investment program. Investments shall be undertaken in a manner that seeks to ensure the preservation of capital in the overall portfolio. The objective will be to mitigate credit risks and interest rate risk. a. Credit Risk The City of Lino Lakes will minimize credit risks, the risk of loss due to the failure of the security issuer or backer, by: * Limiting investments to those investments specified in Minnesota Statutes 118A * Annually appointing the financial institutions, broker/dealers, intermediaries, and advisers. * Diversifying the investment portfolio so that potential losses on individual securities will be minimized. b. Interest Rate Risk The City of Lino Lakes will minimize the risk that the market value of securities in the portfolio will fall due to changes in general interest rates, by: * Structuring the investment portfolio so that securities mature to meet cash requirements for ongoing operations. * Investing municipal funds primarily in shorter -term securities. 1 2. Liquidity The investment portfolio shall remain sufficiently liquid to meet all operating requirements that may be reasonable anticipated. This is accomplished by structuring the portfolio so that securities mature concurrent with cash needs to meet anticipated demands. Furthermore, since all possible cash demands cannot be anticipated, the portfolio should consist largely of securities with active secondary or resale markets. 3. Yield The investment portfolio shall be designed with the objective of attaining a market rate of return throughout budgetary and economic cycles, taking into account the investment risk constraints and liquidity needs. Return on investment is of secondary importance compared to the safety and liquidity objectives described above. The core of investments are limited to relatively low risk securities in anticipation of earning a fair return relative to the risk being assumed. Securities shall not be sold prior to maturity with the following exceptions: * A security with declining credit may be sold early to minimize loss of principal. * A security swap would improve the quality, yield, or target duration in the portfolio. * Liquidity needs of the portfolio require that the security be sold. III. Standards of Care 1. Prudence The standard of prudence to be used by investment officials shall be the "prudent person" standard and shall be applied in the context of managing an overall portfolio. Investment officers acting in accordance with written procedures and this investment policy and exercising due diligence shall be relieved of personal responsibility for an individual security's credit risk or market price changes, provided deviations from expectations are reported in a timely fashion and the liquidity and the sale of securities are carried out in accordance with the terms of this policy. Investments shall be made with judgment and care, under circumstances then prevailing, which persons of prudence, discretion and intelligence exercise in the management of their own affairs, not for speculation, but for investment, considering the probable safety of their capital as well as the probable income to be derived. 2. Delegation of Authority Authority to manage the investment program is granted to the investment officer and appointed employee in cases of his/her unavailability. Responsibility for the operation of the investment program is hereby delegated to the investment officer, who shall act in accordance with established written procedures and internal controls for the operation of the investment program consistent with this investment policy. Procedures should include references to: safekeeping, delivery vs. payment, investment accounting, repurchase agreements, wire transfer agreements, and collateral/depository agreements. No person may engage in an investment transaction except as provided under the terms of this policy and the procedures established by the investment officer. The investment officer shall be responsible for all transactions undertaken and shall establish a system of controls to regulate the activities of subordinate officials. 2 IV. Safekeeping and Custody 1. Authorized Financial Dealers and Institutions A list will be maintained of financial institutions authorized to provide investment services. In addition, a list also will be maintained of approved security broker/dealers per statute 118A.06. Representatives within the institutions providing investments should be licensed with the appropriate federal and state agencies. A minimum capital requirement of $5,000,000 and at least five years of operation is mandatory. From time to time, the City Council may choose to invest in instruments offered by minority and community financial institutions. In such situations, a waiver to the criteria under Paragraph 1 may be granted. All terms and relationships will be fully disclosed prior to purchase and will be reported to the appropriate entity on a consistent basis and should be consistent with state or local law. These types of investment purchases should be approved by the appropriate legislative or governing body in advance. 2. Internal Controls The investment officer is responsible for establishing and maintaining an internal control structure designed to ensure that the assets of The City of Lino Lakes are protected from loss, theft or misuse. The internal control structure shall be designed to provide reasonable assurance that these objectives are met. The concept of reasonable assurance recognizes that (1) the cost of a control should not exceed the benefits likely to be derived and (2) the valuation of costs and benefits requires estimates and judgments by management. V. Suitable and Authorized Investments 1. Investment Types Consistent with Minnesota State Statute 118A, the following investments will be permitted by this policy: * U.S. government obligations, U.S. government agency obligations, and U.S. government instrumentality obligations, which have a liquid market with a readily determinable market value, * Certificates of deposit and other evidences of deposit at financial institutions, bankers' acceptances, and commercial paper, rated in the highest tier (e.g., A-1, P-1, F-1, or D-1 or higher) by a nationally recognized rating agency; commercial paper shall mature in 270 days or less; * Investment-grade obligations of state, local governments and public authorities; * Repurchase agreements; * Money market mutual funds; * Local government investment pools, either state -administered or through joint powers statutes and other intergovernmental agreement legislation. Investment in derivatives under Minnesota State Statute 118A.04, Subd. 6 shall not be permitted. 3 VI. Investment Parameters 1. Diversification The investments shall be diversified by: * limiting investments to avoid over concentration in securities from a specific issuer or business sector (excluding U.S. Treasury securities), * limiting investment in securities that have higher credit risks, VII. Reporting 1. Methods The investment officer shall prepare an investment report monthly that is given to the City Administrator. Annually, investments are audited for legality and generally accepted accounting practices by an independent auditor. 2. Performance Standards The investment portfolio will be managed in accordance with the parameters specified within this policy. The portfolio should obtain a market average rate of return during a market/economic environment of stable interest rates. VIII. Policy Considerations 1. Exemption Any investment currently held that does not meet the guidelines of this policy shall be exempted from the requirements of this policy. At maturity or liquidation, such monies shall be reinvested only as provided by this policy. 2. Amendments This policy shall be reviewed on a regular basis. Any changes must be approved by the investment officer and any other appropriate authority,. as well as the individual(s) charged with maintaining internal controls. IX. List of Attachments The following documents, as applicable, are attached to this policy: * Relevant investment statutes and ordinances. * Listing of authorized broker/dealers and financial institutions. * Resolution adopting current policy. Adopted per Resolution 29-91 dated March 25, 1991. Amended per Resolution 97-149 dated October 13, 1997. Amended per Resolution 98-178 dated December 21, 1998. 4 PHOTO CREDIT: Tina Pierson CSCHOOL DISTRICT 12 CENTENNIAL WHAT A GREAT YEAR WE'VE HAD AT CENTENNIAL This Annual Report captures some of the highlights of the 2013-2014 school year. I continue to be "wowed" by the students' learning that takes place in our classrooms, their contributions to the communities where they live and their achievements in co -curricular activities outside the school day. I am also "wowed" by the dedication of staff to prepare our students for the 21st century workforce. And, I'm "wowed" by the strong support of parents and stakeholders who give to our schools in many ways. This support contributes to the educational experience we provide our students. You are great partners in educating our youth. Thank you. THESE ARE YOUR SCHOOLS I hope to see you at a sporting event, the high school musical, or a band or choir concert this year. See a few highlights of upcoming events included on the back cover. s:_ A transparent and good steward of public resources, Centennial is guided by a strategic plan developed in collaboration with staff, parents and community members. As a district that encourages, listens and responds, Centennial is the pride of our five communities with 86% of resident students choosing Centennial—one of the highest percentages in the metro. $66.5M REVENUE $65.9M EXPENSES STATE 78.5% LOCAL 17.6% FEDERAL 3.9% STUDENT INSTRUCTION & SUPPORT 84% 910/ SAY WE'RE A GOOD -VALUE INVESTMENT! BUILDING OPERATIONS 9.9% DISTRICT LEADERSHIP 4.5% FISCAL SERVICES, DEBT & LEASE PAYMENTS 1.6% AA+/A The District was awarded a bond rating from Standards and Poors of AA+/A Stable. (CIO As the connecting hub for five unique communities Centennial offers vibrant learning environments and a track record of academic success. 7041 Honoring our Community Dave Dahl, Charlie Kratsch and John McClellan were inducted into the first class of the Centennial School District Hall of Fame in October. TELLING OUR STORY. CENTENNIAL'S BRAND: Centennial's logo was modified and a tagline added to describe the educational experience at Centennial: Connecting. Achieving. Preparing. VIDEOS: Created to better tell our story visually and online. MOBILE APP: Created as a shortcut to the website for easier access to important information. WEBSITE: Enhancements to the site, isd12.org, make it easier for parents and the community to find information. COMMUNITY SURVEYS: Conducted to plan for all -day kindergarten and to further define strategic plan priorities. NEW MESSAGE SYSTEM: Began using SchoolMessenger to communicate important information by phone and email to families. STRONG COMMUNITY PARTNERSH1PS 75828 HOURS VOLUNTEERED in Centennial's elementary schools $68K CONTRIBUT FOR SCHOLARS H ONS Made by over 45 area businesses, community & school organizations, families & individuals $23K PS COMMUNITY SUPPORT at Golden Lake Elementary Eagle Brook Church contributed $7,000 for Golden Lake Elementary MWorks, a mentor program. RESIDENT recieved services through Centennial Community Education ADULT CONTINUING EDUCATION AQUATICS, ADULT/YOUTH PROGRAMS DRIVER EDUCATION EARLY CHILDHOOD SCREENING EARLY CHILDHOOD FAMILY EDUCATION (ECFE) KIDS CLUB KC PRESCHOOL FACILITY USE AND RENTAL For every dollar of state support, Community Education generates an additional $7 more The City of Circle Pines (with Aggregate Industries and Boston Scientific), gave $10,000 for a playground project. Molin Concrete generously contributed toward the Golden Lake Elementary Peace Wall. Pohlad Foundation contributed $6,000 to support summer camp experiences for students at Golden Lake Elementary. r The District's vibrant learning environments and personalized, team approach support the strengths and address the challenges of each individual student. Preparing Students for Success Project Lead -the -Way classes enable students to solve real-world challenges by using science, technology, engineering and mathematics. Preparations are in place for all -day, everyday kindergarten at no cost to parents, for fall 2014. The District believes that the additional time provided by all -day kindergarten will lead to increased learning, social and emotional development, and school readiness. Investments are paying off. The District exceeded state averages in overall proficiency, student growth and closing the achievement gap. Centennial has been recognized by the Minnesota Department of Education for its high student growth. 2013 MATH ACCOUNTABILITY TEST RESULTS 2013 READING ACCOUNTABILITY TEST RESULTS STATE 60.2% STATE 57.6% CENTENNIAL 73.4% CENTENNIAL 64.6% SOURCE. 2012.2OIJ Data or 2013-2074 Dat, HIGH ACHIEVERS 605 STUDENT S ENROLLED, in 12 Advanced Placement Courses & 5 College in the Schools courses In a partnership with the University of Minnesota and Anoka Ramsey Community College, College in the Schools (CIS) courses allow qualifying students to earn college credit while taking college courses at Centennial High School. These courses have the same academic standards and expectations as the student would encounter on the sponsoring college's campus. The teachers in these courses must meet certain criteria, and they receive training and ongoing support from college faculty 136 AP STUDENTS HONORED 2 NATIONAL AP SCHOLARS 30 AP SCHOLARS WITH DISTINCTION 26 AP SCHOLARS WITH HONORS 68 AP SCHOLARS College Board's Advanced Placement Program (AP) helps prepare students for college. Rigorous college -level courses are offered to prepare students for success on AP exams allowing students to earn college credit, advanced placement or both. ACT STATE CENTENNIAL 22.9 24.2 Centennial students outperform the state & national averages on ACT scores NATIONAL MERIT SCHOLARS High School Seniors Joseph Bourdage and Ezra Miller were named National Merit" Scholars for their high performance in college preparatory classes, involvement in co -curricular activities and leadership. 1.5 million apply; 16,000 are named National Merit'" Scholars. Student Awards and Recognition GIRLS SOCCER NWSC Champions BOYS SOCCER Section 7AA Runner -Up BOYS CROSS COUNTRY NWSC Champions, Section SAA Champions, Bth place at the State meet GIRLS SWIM/DIVE NWSC Champions, 4AA Section Runner -Up. Nine participants were Relay State Qualifiers and seven were Individual State Qualifiers ADAPTED SOCCER Conference Co -Champions, State Tournament, Consolation Champions FOOTBALL SAAAAAA Section Runner -Up GIRLS TENNIS Two players were Section 5AA Doubles Champs, State Tournament BOYS ALPINE SKI NWSC Conference Champions. Taylor Lindsay won the Section 7 ski race for the third straight year and finished third in the State. BOYS HOCKEY 5AA Champions, Back -to -Back Section Titles and State Participant GIRLS BASKETBALL State Tournament Participant, Section SAAAA Champions, NWSC Conference Champs, Section Academic Team Champions BOYS BASKETBALL Section Team Champions BOYS SWIMMING Two individual State Qualifiers ADAPTED FLOOR HOCKEY State Qualifier, Third Place Conference Champions WRESTLING Five wrestlers qualified for the SAAA State Tournament. MINNESOTA STATE HIGH. SCHOOL LEAGUE TRIPLE A AWARD Two students were nominated for Excellence in Academics, Arts and Athletics (Triple A) Award that acknowledges one male and one female senior with a 3.0 GPA or higher and participate in athletics, fine arts, theater, speech and music. ATHENA AWARD Jill Conrad is the recipient of the Athena Award which recognizes top, senior female athletes. Over 75 outstanding athletes from area schools were honored. 2014 ALL -STATE BAND Two students were selected for the 2014 All -State Band. STATE CHORAL SOLO AND ENSEMBLE CONTEST Michael Welch received a "Best (E' Site" commendation at the contest. SPEECH TOURNAMENT TEAM More Centennial students qualified for State than any other school and took second place at the State Competition. NATIONAL HONOR SOCIETY SCHOLARSHIP Tasha Erding is the recipient of a Regional Honor Society Scholarship. She was one of 200 State finalists; one of 53 State winners; and one of nine regional winners named. MINNESOTA GIRLS STATE AMERICAN LEGION COMPETITION Caprisha Buchanan was honored as Girls State Governor, the highest honor possible. MINNESOTA HONOR CHOIR Morgan Koenig was selected to sing in the American Choral Directors Association 9/10 Honor Choir. MINNESOTA STATE THESPIAN SOCIETY CONFERENCE Centennial's one -act play, Slide/Over, was one of nine one -act plays chosen for performance at the conference. In addition, two students received the top rating of "Accomplished" for their events, and two students, serving as State Student Board Members, helped organize and lead the conference. HENNEPIN THEATRE TRUST Once Upon a Mattress received several awards from Hennepin Theatre Trust, including "Honorable Mention Vocal Performance by a Chorus." The production received the highest number of individual honors. CENTENNIAL MIDDLE SCHOOL KNOWLEDGE BOWL took First place out of 49 teams at the metro Grand Finale Meet. MINNESOTA STATE GEOGRAPHIC BEE SEMIFINALIST Ellie Jensen, Centennial Middle School student, competed in the 2014 Minnesota State Geographic Bee sponsored by Google and Plum Creek. WORDMASTERS'" CHALLENGE Rachel Jolin, a student at Centennial Middle School, achieved individual Highest Honors in the WordMasters' Challenge, a national vocabulary competition involving nearly 150,000 students. Thirteen middle school students competed. ST. CLOUD STATE UNIVERSITY MATH CONTEST The Centennial Middle School team placed third in their division, competing against students from 51 schools in Minnesota and Wisconsin. FUTURE PROBLEM SOLVING PROGRAM INTERNATIONAL COMPETITION 17 students qualified to compete at the International Competition, competing against students from over 35 states and 15 countries. NORTHWESTERN UNIVERSITY'S MIDWEST ACADEMIC TALENT SEARCH (NUMATS) ACHIEVEMENTS Michelle Li, Centerville Elementary, received the highest total score in math, English, science and reading among all third grade Minnesota Explore testers. Christopher Meng, Centennial Middle School, had the highest score in Minnesota on the mathematics portion of the ACT. NUMATS offers above - grade -level testing for high -performing students in grades 3 through 9. LIONS DRUG AWARENESS POSTER CONTEST Kenlee Duong, Centennial Elementary School, is the recipient of a State Award from the Lions Club. D D')/ \ D - Centennial schools are safe and filled with respectful students who are a wonderful reflection of and contributors to the community. CLOSING ACHIEVEMENT GAP REWARD SCHOOLS Minnesota Department of Education recognized Centennial Elementary & Golden Lake Elementary as Reward Schools for their high performance and overall improvement. READING MATH SPECIAL ED SCORES ABOVE STATE AVERAGE Special education students scored above state's average in reading & math. QUALITY OPPORTUNITIES PRESCHOOL 434 CHILDREN were screened through the District's Early Childhood Screening. 220 CHILDREN attended weekly Early Childhood Family Education and School Readiness Preschool classes along with their parents. 116 were enrolled in KC Preschool through Kids Club. UNIVERSITY PARTNERSHIPS Centennial is partnering with Minnesota State University, Mankato to establish the AVID (Advancement Via Individual Determination) program, designed to prepare high school students for college and other postsecondary opportunities. The partnership also provides a pipeline of teachers into the classroom through the creation of a strong mentorship program. The District is also partnering with Anoka Ramsey Community College to provide tutors for ninth and tenth grade students enrolled in AVID courses. PLANS AFTER GRADUATION 68.4% plan to attend a 4 -year college/university 18.1% plan to attend a 2 -year college 2.2% plan to attend a technical college/trade school 3.3% plan to join the military PROJECT PURPLE High School Peer Leaders organized Project Purple, in partnership with Alexandra House, a week-long domestic and sexual violence awareness and prevention initiative. vere Et IL MAKING A DIFFERENCE. Student -Driven Projects, Leadership Opportunities & Co -Curricular Activities WALK FOR HUNGER Rice Lake Elementary students walked for hunger to raise hunger awareness. 4 GLOBAL IMPACT 2014 graduates Tasha Erding and Sarah Peck turned their big idea to make a global impact into reality as they rallied the student body to help produce 50,000 meals for starving children in the developing world. 7o CHS students played on a team; most played more than one sport CMS students participated in 5,558 activities outside the school day. CHS students participated in fine arts & club activities WE ARE CENTENNIAL. 87% RESIDENTS RANKED job performance of teachers & staff as positive. 76% of Centennial teachers have master's degrees. NEARLY HALF of the Centennial staff are also residents in the school district. Centennial employs 886 staff. Teachers with less than 3 years' experience at Centennial: 10% Teachers with more than 10 years' experience at Centennial: 63% 90% SURVEYS D felt we were meeting the needs of the learners. That's the highest score in the metro! STUDENT ENROLLMENT PRE -K: 130 ELEMENTARY (GRADES K-5): 2,763 MIDDLE SCHOOL (GRADES 6-8): 1,463 HIGH SCHOOL (GRADES 9-12): 2,041 TRANSITION PLUS (SPECIAL ED, AGES 18-21): 31 PROJECT SEARCH: 10 TOTAL (KINDERGARTEN - TRANSITION): 6,308 Teachers meeting federal "Highly Qualified" requirements: 100% TOTAL (BIRTH - TRANSITION): 6,438 So,,,o, Di t, f'., N U o Centennaa9 School 0 0 4 o= E cox ui N Tax Decrease After Implementing the Plan x ---I d' d- N 0 N N d- in d - co rn N O d- l0 rn CV Ln N Lf1 00 O N` c'0 4 I\ —i lD O to- to- N N rn in l0 0 N VD ' ' -11- t!} i!} in - -U-} rl ri rn -$492.51 - $1,049.60 -$2,163.79 - $3,277.98 -$5,506.35 Taxable Market Value O OOOOOOOOOO O N CO LO N. O Ln O O O OO r-1 r -I r -I r -I N N CO d' Ln 0 r-1 i!} i.!} ilk -Ln- i/)- ih VI i/} i/} tn. $ 500,000 $ 1,000,000 $ 2,000,000 $ 3,000,000 $ 5,000,000 (Types of Property -a ra a) 0 a) E O = ro 1= a) N a) CG Commercial / Industrial CCENTENNIAL SCHOOL DISTRICT 12 OPERATOONAL - USES PROGRAM EXPANSIONS IN GRADES EC — 5 ➢ Add visual arts at all elementary schools >- Add world language at all elementary schools Add STEM (Science Technology , Engineering, Math) integrated learning at all elementary schools o These include staffing, curriculum and staff development y Expand Anti-bullying/positive school culture programming for students • Expand programming and interventions (services and supports) based on students' needs PROGRAM EXPANSIONS IN GRADES 6-12 i Expand world language learning opportunities at the middle school • Possible future addition of orchestra program • Expand Anti-bullying/positive school culture programming for students • Expand programming and interventions (services and supports) based on students' needs TECHNOLOGY o Expand staffing to support the appropriate and effective integration of technology • Expand support and maintenance of infrastructure, equipment and services • Improve capacity to address software, applications and data needs • Provide staff development to ensure effective and efficient use of hardware, applications, and software D YES SCHOOL DISTRICT BALLOT QUESTION 1 APPROVAL OF SCHOOL BUILDING BONDS Shall the board of Independent School District No. 12 (Centennial), Minnesota be authorized to issue general obligation school building bonds in an amount not to exceed NO $49,935,000 for acquisition and betterment of school facilities? BY VOTING "YES" ON THIS BALLOT QUESTION, YOU ARE VOTING FOR A PROPERTY TAX INCREASE SCHOOL DISTRICT BALLOT QUESTION 2 REVOKING EXISTING REFERENDUM REVENUE AUTHORIZATION; APPROVING NEW AUTHORIZATION The board of Independent School District No. 12 (Centennial), Minnesota has proposed to revoke the existing referendum revenue authorization of $465.48 per pupil that is scheduled to expire after taxes payable in 2015 and to replace that authorization with a new authorization of $770.48 per pupil. The proposed referendum revenue authorization would be applicable for ten (10) years unless otherwise revoked or reduced as provided by law. E YES Shall the existing referendum revenue authorization be revoked and the ❑ NO increase in the revenue proposed by the board of Independent School District No. 12 (Centennial), Minnesota be approved? BY VOTING "YES" ON THIS BALLOT QUESTION, YOU ARE VOTING FOR A PROPERTY TAX INCREASE The ballot language says this is a tax increase, how will this be a tax decrease? Over the next few years the debt the district incurred to build Blue Heron and the Middle School will be retired. Since the debt obligations are going away the dollars are available to be used for other needs in the district without requiring a tax increase. The plan asks voters for permission to use these dollars, that have been used for debt payment in the past, for instructional needs that have been identified through community input, and to make the facility improvements that are needed because the buildings are aging and need maintenance. The plan will not use all the dollars that would be available because we wanted to also insure that even if both the operating question and the capital question are successful taxpayers would still realize a tax decrease. How were the capital needs identified? Over the past eighteen months the district went through a complete review of every building in the district. People with knowledge of mechanical and electrical systems, site planning, building structures, and all parts of our facilities identified the areas where our buildings need attention. Our teaching staff reviewed the instructional delivery needs that will prepare us teach students into the future. All of these issues were compiled and prioritized and the plan addresses the necessary parts of this review. Will this tax obligation look different on my tax statement? Yes. Taxes used to pay off the debt of the district are calculated differently than the taxes paid for operating a district. This was taken into consideration in determining the tax impact for the taxpayer. While it will look different on your statement, the total obligation for the district will still be less than the current obligation. When will the changes occur? The plan would implement the instructional changes for the 2015-16 school year. The facility improvements would begin in the summer of 2015 and continue over the next two or three years. BIM x Building Improvement Measure (BIM) Description Action Priority Funding Source Scheduled Project Year Project Budget Blue Heron Elementary_ x BHE-Mech-2 Add Condensin Boiler i 2 Referendum 2015 $190,024 x BHE-Mech-4 Add Gymnasium Dehumidification i • Health & Safety 2015 $130,683 x BHE-Mach-5 0144 Storage Room Ventilation 1 Referendum 2015 $5,334 x EHE-Mech-6 Plumbing Valve Retrofi{uRecommissioning 1 Referendum 2015 $38,808 x BHE-EE-2 Outdoor Lighting 1 Referendum 2015 $41,738 x BHE-EE-3 Security Improvements - Access Control 1 Safe Schools 2015 $59,063 x BHE-EE-4 Security Improvements - Video Monitoring 1 Safe Schools 2015 $78,225 x BHE-EE-5 Paging and Program System Improvements 1 Referendum 2015 $73,789 x B1 -1E -EE -6 Master Clock System 1 Referendum 2015 $29,942 x BHE-EE-7 VoIP Phone System 1 Referendum 2015 $63,607 x BHE-Site-1 Northeast Field Irrigation 2 Deferred Maintenance 2015 $4,594 x BHE-Site-2 Parking Lot & Main Drive Reclaim/Reconstruction 2 Abatement 2015 $530,460 x SHE -Ext -1 EI FS Damange 1 Deferred Maintenance 2015 $43,139 x BHE-Ext-2 Paint 1 Deferred Maintenance 2015 $8,138 x BHE-Ext-3 Mortar 1 Deferred Maintenance 2015 $21,696 x BHE-Ext-4 Brick 1 Deferred Maintenance 2015 $4,594 x BHE-EI.1-5 Joint sealant 1 Deferred Maintenance 2015 $91,719 x BHE-Ext-6 Masonry Staining 1 Deferred Maintenance 2015 $8,085 x BHE-INT-1 Toilet Room Tile 2 Referendum 2015 $81,528 x BHE-INT-2 Carpet Replacement - Classrooms 1 Referendum 2015 $85,688 x BHE-INT-3 Door Frames 2 Referendum 2015 $27,825 x BHE-INT-4 Ceilings 2 Referendum 2015 $101,284 x BHE-INT-5 Carpet Replacement - Classrooms/Media/Office 1 Referendum 2015 $84,590 x .;ie-EDAD-1 Kindergarten Room L i Referendum 2015 $18.638 Blue Heron Elementary Total Selected Pro ects: $1,823,187 Exhibit E u BIM N Building Improvement Measure (BIM) Description Action Priority Funding Source Scheduled Project Year Project Budget Centennial Elementary x CTE-Mech-1 Boiler Plant Replacement i Referendum 2015 $446,723 x CTE-Mech-2 Gymnasium Dehumidification 1 1 1 • Health & Safety Health & Safety Referendum 2015 2015 2015 $129,350 $220,028 $40,672 x CTE-Mech-3 Theater Dehumidification x CTE-Mech-4 916 Area Dehumidification x CTE-Mech-5 Drinking Fountain Upgrade 1 Referendum 2015 $9,335 x CTE-Mech-6 Plumbing Valve Retrofit/Recommissioning 2 Referendum 2015 $11,685 x CTE-Mech-7 Media Center AHU Controls Upgrade 1 Referendum 2015 $25,200 x CTE-Mech-8 Total Building Pn to DDC conversion 2 Referendum 2015 $170,555 x CTE-Mech-9 Domestic Hot Water Heater Replacement 1 Referendum 2015 $70,219 x CTE-Mech-10 Replace Miscellaneous Exhaust Fans 1 Referendum 2015 $47,250 x CTE-Mech-11 Asbestos - Piping & Miscellaneous 1 Health & Safety 2015 $19,058 x CTE-Mech-12 Asbestos - Flooring 1 Health & Safety 2015 $76,230 x CTE-Mech-13 DER Replacement 2 Referendum 2015 $2,199,608 x CTE-Mech-14 Plumbing Fixture Replacement 2 Referendum 2015 $67,988 x CTE -EE -1 Emergency Egress Lighting 1 Health & Safety 2015 $6,891 x CTE -EE -2 Outdoor Lighting 1 Referendum 2015 $26,086 x CTE -EE -3 Security Improvements - Access Control 1 Safe Schools 2015 $42,000 x CTE -EE -4 Security Improvements - Video Monitoring 1 Safe Schools 2015 $80,719 x CTE -EE -5 Paging and Program System Replacement 1 Referendum 2015 $73,487 x CTE -EE -6 Master Clock System Replacement 1 Referendum 2015 $32,210 x CTE -EE -7 Phone System Upgrade to VolP 1 Referendum 2015 $58,983 x CTE -Site -2 North Play Reclaim/Reconstruction 1 Abatement 2015 $58,267 x CTE -Site -3 West Parking Lot & Play Area Reclaim/Reconstrction 2 Abatement 2015 $159,469 x CTE -Ext -1 Deteriorated Mortar - Large Areas Damaged Brick 1 1 Referendum Referendum 2015 2015 $200,450 $62,567 x CTE -Ext -2 x CTE -Ext -3 Reclad option 2 Deferred Maintenance 2015 $16,538 x CTE -Ext -4 Masonry expansion joints and sealant 1 Deferred Maintenance 2015 $55,178 x CTE -Ext -5 Paint 1 Deferred Maintenance 2015 $4,011 x CTE -Ext -6 Masonry Staining 1 Referendum 2015 $8,568 x CTE -Ext -7 Stucco 1 Deferred Maintenance 2015 $3,649 x CTE -Ext -8 Windows 1 Deferred Maintenance 2015 $9,713 x CTE -Ext -9 Doors 1 Deferred Maintenance 2015 $33,600 x CTE -Ext -10 Roof Replacement - Section A 2 Referendum 2015 $1,493 617 x CTE -INT -1 Original Casework 1 Referendum 2015 $468,883 x CTE -INT -2 1990's casework - 2 Referendum 2015 $214,279 x CTE -INT -3 Carpet 1 Referendum 2015 $53,729 x CTE -INT -5 Gym Floor - Refinishing 2 Referendum 2015 $32,606 x CTE -INT -6 Floor Tile 2 Referendum 2015 $32,026 x CTE -INT -7 Door Replacements 2 Referendum 2015 $155,138 x CTE -INT -8 Hallway VCT Replacement 2 Referendum 2015 $95,849 x CTE -INT -11 Wall Tile 2 Referendum 2015 $76,296 x CTE -INT -13 Demoutable Partitions 2 Referendum 2015 $83,016 x CTE -INT -14 Wall Paint 1 Referendum 2015 $90,510 x CTE -INT -15 Ceilings 1 Referendum 2015 $34,638 x CTE -INT -16 Toilet Rooms 1 Referendum 2015 $5,807 x CTE -INT -17 Cafeteria Acoustical Treatment 1 Referendum 2015 $15,919 x D.� r` � Nurse, Day (' p � r + CTE -EDA iOft Office, Nurse, Ai( Da K. itiial;iniir ose. Case�jo k & Auditorium 1 ,-f-rentlum 2015 $1,481,748 __ - --�-_ - Centennial Elementary Total Selected Projects: $8,800,342 T Exhibit I BM # Building Improvement Measure (BIM) Description Action Priority Funding Source Scheduled Project Veer Project Budget Centerville Semen x CVE-Mech-1 Boiler Plant Replacement 1 Referendum 2015 $348,044 x CVE-Mech-2 Steam -to -Hot Water Conversion 1 . Referendum 2015 $1,116,140 x CVE-Mech-3 Upgrade DDC Controls 2 Referendum 2015 $255,526 x j CVE-Mech-4 Domestic Hot Water Heater Replacement 2 Referendum 2015 $62,675 x CVE-Mech-5 Domestic Water Piping and Misc Plumbing Replacement 1 Referendum 2015 $426,720 x CVE-Mech-6 Plumbing Valve Retrofit/Recommissioning 1 Referendum 2015 $22,971 x CVE-Mech-7 Replace Front Office AHU 2 Referendum 2015 $122,015 x CVE-Mech-8 Replace Miscellaneous Exhaust Fans 1 Referendum 2015 $41,672 x CVE-Mech-9 Asbestos - Piping & Miscellaneous 1 Health & Safety 2015 $74,498 x CVE-Mech-10 Asbestos - Flooring 1 Health & Safety 2015 $7,623 x CVE-Mech-11 DER Replacement 2 Referendum 2015 $1,766,888 x CVE-Mech-12 Plumbing Fixture Replacements 2 Referendum 2015 $61,031 x CVE-Mech-13 Restroom Sink Refurbishment 1 Referendum 2015 $23,625 x CVE-EE-2 Outdoor Lighing 1 Referendum 2015 $11,944 x CVE-EE-3 Security Improvements - Access Control 1 Safe Schools 2015 $43,313 x CVE-EE-4 Security Improvements - Video Monitoring 1 Safe Schools 2015 $59,719 x CVE-EE-5 Paging and Program System Replacement 1 Referendum 2015 $75,797 a CVE-EE-6 Master Clock System Replacement 1 Referendum 2015 $29,034 x CNE -EE -7 Phone System Upgrade to VolP t Referendum 2015 $47,450 x CVE-Site-1 Playground - ADA Path to Swing 1 Referendum 2015 $5,119 x CVE-Site-2 Culvert Replacement West of Playground 2 Referendum 2015 $3,938 x CVE-Site-3 Traffic Separation 2 Abatement 2015 $265,125 x CVE-Site-4 SE Parking Lot & Dock Reclaim/Reconst. 1 Abatement 2015 $18,900 x CVE-Site-5 South Parking Lot Reclaim/Reconstruction 1 Abatement 2015 $156,240 x CVE-Site-6 North Play Area & NW Walk Reclaim/Reconstruction 2 Abatement 2015 $38,979 x CVE-Ext- i Chimney 1 Defened Maintenance 2015 $27,563 x CVE-Ext-2 Mortar - Priority 1 1 Deferred Maintenance 2015 $64,299 x CVE-Ext-3 Mortar - Priority 2 2 Deferred Maintenance 2015 $87,924 x CVE-Ext-4 Brick 1 Deferred Maintenance 2015 $21,269 x CVE-E;-5 Joint sealant 1 Deferred Maintenance 2015 $35,831 x CVE-Ext-7 Paint 1 Deferred Maintenance 2015 $5,292 x CVE-Ext-8 Roof Replacement - Section C 1 Referendum 2015 $37,879 x CVE-Ext-9 Roof Replacement - Section 0 - 2 Deferred Maintenance 2015 $24,843 x CVE-INT-1 Original Casework Referendum 2015 $220,726 x CVE-INT-2 Original Doors 1 Referendum 2015 $38,067 x CVE-INT-3 Toilet Room 1 Referendum 2015 $5,807 a CVE-INT-4 Gym Floors 1 Referendum 2015 $31,090 x CVE-INT-5 Chalkboards 1 Referendum 2015 $45,927 x CVE-INT-6 1990's Casework 2 Referendum 2015 $150,607 x CVE-INT-7 VCT Hallways 2 Referendum 2015 $74,824 x CVE-INT-8 Toilet Room Tile 2 Referendum 2015 $34,401 x CVE-INT-9 Door Frames 2 Referendum 2015 $22,575 x CVE-INT-10 Shower/Toilet Room Tile 2 Referendum 2015 $38,294 x CVE-INT-11 Cafeteria VCT 2 Referendum 2015 $17,203 x CVE-INT-13 2x2 Ceilings 2 Referendum 2015 $134,438 a CVE-INT-14 1x1 Ceiling 2 Referendum 2015 $122,377 x CVE-INT-16 Classroom VCT Replacement 1 Referendum 2015 $213,425 x CVE-INT-17 Wall Paint I Deferred Maintenance 2016 $73,248 x. „--E�) . Cafeter', .eferendun, :-.):)1!3 . . Centerville Elementa Total Selected Pro'ects: $7,536,525 Exhibit I o m Cr. ! BIM S Building Improvement Measure (BIM) !Description Action Priority Funding Source Scheduled Project Year Project Budget Golden Late Eiernen€ary x (LE-irieC11-1 Boiler Plant Replacement1 Referendum 2015 $348,044 x GLE-1vlecti 2 Replace Exhaust Fans , Referendum 2015 548,006 x SLE-Mech-3 Replace Water Heaters 1 Referendum 2015 $62,675 x GLE-Mech-4 Administration Area Ventilation 2 Referendum 2015 593,345 x GLE Mech-5 U grade Pneumatic Controls with DOC 2 Referendum 2015 5100,674 x GLE-Mech-6 Miscellaneous Ventilation Upgrades 1 Referendum 2015 $10,001 x GLE-MJiech-7 Plumbing Valve Retrofit/Recommissioning 1 Referendum 2015 $22,736 GLE-Mech-8 Asbestos - Piping & Miscellaneous 1 Health & Safety 2015 $4,620 GLE-t, ech-9 Asbestos - Flooring 1 Health & Safety 2015 $48,510 GLE-Meth-10 Plumbing Fixture Reilacemant 2 Referendum 2015 $54,075 x GLE-Mech-11 Restroom Sink Re urbishment t Referendum 2015 $23,625 x GLE-EE-3 Outdoor Liahtin 1 iReferendum 2015 x GLE-EE•4 Security P Safe Schools x 1 Safe Schoolsl x GLE•EE-6 Pa.ino and Proerzm 5 stem Replacement1 Referendum2015 $62,226 x 1 Referendum 2015 $22,683 GLE EE -8 Phone Svstem Upgrade to VoIP 2015 544,555 GLE-Site-1 Curb Cut South of Loading g 2 Referendum2015 $2,625 GLE-Site 2 Playground -ADA Path to Swing 1 Referendum2015 $1,969 1 Abatement2015 $37,800 x GLE-Ext-1 Mortar 1 Referendum 2015 $213,413 x GLE Ext -2 Brick 1 Referendum 2015 $15,385 © GLE-Ext-3 Joint sealant 1 Referendum 2015 $9,752 x G' E-Exi-5 Paint 1 Referendum 2015 $17,294 x GLE-Ez i 6 Throu.h-veal! flashing 1 Referendum 2015 $4,200 x GLE-Ext-7 Doors 1 Referendum 2015 $25,200 ® GLE Exi-8 Roof Section A Repairs i Referendum 2015 $5,250 GL E -Ext -9 Roof Replacement - Section A 2 Referendum 2015 $737,663 GLE-INT-1 Original Casework 1 Referendum 2015 $69,820 GLE-INT-2 Original VCT 1 Referendum 2015 $32,040 GLE INT -3 Hallway VCT 1 Referendum 2015 $56,913 GLE-INT 4 Odginal Doors 1 Referendum 2015 $53,681 GLE-INT-5 Chalkboards 1 Referendum 2015 $30,492 GLE-INT-6 Main Level Hali Carpet 1 Referendum 2015 $25,638 GLE-INT-7 Toilet Room ADA 2 Referendum 2015 $5,927 GLE-INT-8 Stair Pan and Railings 2 Referendum 2015 $4,410 GLE INT -9 Lockers 2 Referendum 2015 $6,300 GLE-INT-90 Wood Doors 2 Referendum 2015 $83,278 GLE-INT-11 Old ACT 2 Referendum 2015 $87,358 GLE-INT-12 Gym Floor 2 Referendum 2015 $24,340 GLE-INT-13 Wall Tile 2 Referendum 2015 $77,757 GLE INT -14 Toilet Room Tile 2 Referendum 2015 $34,422 GLE-INT-15 1990's Casework 2 Referendum 2015 $342,547 x GLE-EDAD-1 Kindergarten Room 1 Referendum 2015 $1,188,278 Golden Lake Elementa' Total Selected Pro•ects: $4,251,330 Exhibit 1 BIM k Building ➢enprovement Measure (SS&hS) Description Action Priority Funding Source Scheduled Project Year Project Budget Rice Lake Elementa x RLE-Mech-1 Domestic Hot Water Heater Repiacement 1 Referendum 2015 $65,342 x RLE-Mech-2 Pumping System Upgrades 1 • Referendum 2015 $33,871 x RLE-Mech-3 Heating System Improvements 2 Referendum 2015 $162,820 x RLE-Mech-4 Upgrade DDC Controls i Referendum 2015 $29,736 x RLE-Mech-5 Plumbing Valve Retro6URecommissioning 1 Referendum 2015 $30,190 x RLE-Mech-6 Plumbine Fixture Replacement 2 Referendum 2015 $67,988 x RLE -EE -2 Loud Transformer 1 Referendum 2015 $18,900 x RLE -EE -3 Outdoor Lighting 1 Referendum 2015 $66,445 x RLE -EE -4 Securi Improvements - Access Control 1 Safe Schools 2015 $67,594 x RLE -EE -5 Security Improvements - Video Monitoring 1 Safe Schools 2015 $83,344 x RLE -EE -6 Pacing and Program S 'stem Replacement 1 Referendum 2015 $129,938 x RLE -EE -7 Master Clock System Replacement 1 Referendum 2015 $30,395 x RLE -EE -B Phone System Upgrade to VolP 1 Referendum 2015 _ $60,878 x RLE -Site -2 ECFE Parking Addition 2 Abatement 2015 $36,750 x RLE -Site -3 East Drive & Loading Dock Reclaim/Reconstruction 1 Abatement 2015 $57,750 x RLE -Site -4 South Drive and Parking Lot Reclaim/Reconstruction 2 Abatement 2015 $211,313 x RLE -Site -5 Bus Loop Reclaim/Reconstruction 2 Abatement 2015 $139,125 x RLE -Ext -1 Mortar 1 Referendum 2015 $65,268 x RLE -Ext -2 Joint sealant 1 Referendum 2015 $28,311 x RLE -Ext -3 Masonry expansion joint 1 Referendum 2015 $62,370 x RLE -Ext -4 Paint 1 Referendum 2015 $6,689 x RLE -Ext -5 Brick 1 Referendum 2015 $3,216 x RLE -Ext -6 Staining 1 Referendum 2015 $37,958 x RLE -Ext -7 Windows 1 Referendum 2015 $43,444 x RLE -INT -1 VCT @ Exterior Doors 1 Referendum 2015 $4,303 x RLE -INT -2 Chalkboards 1 Referendum 2015 $52,164 x RLE -INT -3 Door Frames 2 Referendum 2015 $21,000 x RLE -INT -4 Ceilings 2 Referendum 2015 $357,981 x RLE -INT -5 Lockers 2 Referendum 2015 $20,219 x RLE -INT -6 Cafeteria Floor 2 Referendum 2015 $36,035 x RLE -INT -7 Wall tile 2 Referendum 2015 $80,680 x RLE -INT -8 Toilet Floor Tile 2 Referendum 2015 $51,003 x RLE-EDAD-1 All Day K and Multipurpose i Referendum 2015 $163,800 Rice Lake Elementa Total Selected Pro'ects: $2,326,817 Building Improvement Measure (B1M) Description Action Priority Funding Source Scheduled Project Year Project Budget Centennial Middle School _ x CMS-Mech-i _ Chiller Plant Replacement 2 Referendum T 2015 $843,439 x CMS-Mech-2 Add Condensing Boiler 2 Coferred Maintenance 2015 $380,048 x CMS-Mech-5 Science Area AHU Upgrade 1 Referendum 2015 $76,010 x CMS -Meth -6 Locker Room Dehumidification 1 Health & Safety 2015 $154,819 x CMS-Mech-7 Plumbing Valve RetrofitiRecommissioring 'i Referendum 2015 $68,711 $89,381 x CMS -EE -3 Outdoor Lighting 1 Referendum 2015 x CMS -EE -4 Security Improvements - Access Control 1 Safe Schools 2015 $57,750 x CMS -EE -5 Security Improvements - Video Monitoring 1 Safe Schools 2015 $98,438 $18,749 x CMS -EE -6 Auditorium AudioNideo Improvement 1 Referendum 2015 x CMS -EE -7 Paging and Program System Replacement 1 Referendum 2015 $117,377 x CMS -EE -8 Master Clock System Replacement 1 Referendum 2015 $76,669 x CMS -EE -9 Phone System Upgrade to VolP 1 Referendum 2015 $167,021 x CMS -Site -2 Baseball Field Fencing and Batting Cage 2 Referendum 2015 $10,763 x CMS -Site -3 Athletic Track 2 Referendum 2015 $103,688 x CMS -Site -4 Tennis Courts 2 Referendum 2015 $52,500 x CMS -She -5 Bus Parking Lot Reclaim/Reconstruction 1 Abatement 2015 $277,200 x CMS -Ext -1 Mortar 1 Referendum 2015 $11,009 x CMS -Ext -2 Through -wall flashing 1 Referendum 2015 $3,938 $204,868 x CMS -Ext -3 Joint sealant 1 Referendum 2015 x CMS -Ext -4 Masonry expansion joint 1 Referendum 2015 $31,658 $4,169 x CMS -Ext -5 Staining 1 Referendum 2015 x CMS -Ext -6 Paint 1 Referendum 2015 $14,942 x CMS -Ext -7 Windows 1 Referendum 2015 $2,559 x CMS -Ext -8 Skylights Referendum 2015 $5,906 $4,410 x CMS -Ext -9 Brick 1 Referendum 2015 x CMS -Ext -11 Further Investigation 1 Referendum 2015 $4,594 x CMS -Ext -12 Joint sealant - Front Entry 2 Referendum 2015 $6,759 x CMS -INT -1 Carpet 1 Referendum 2015 $447,161 x CMS-EDAD-1 Cafeteria 1 Referendum 2015 $159,567 Centennial Middle School Total Selected Protects: $3,494,100 rcxmtio L L eras C Building Improvement Measure (BIM) Description Action Priority Funding Source Scheduled Project Year Project Budget Centennial Hi h School x CHSE-Meeh- i f iri ier Rent Replacement �1 Referendum i 2015 $506,730 x CHSE-Meeh-2 IStsam to Ho: Water Conversion 1 Referendum f 2015 $ i,096,137 x CHSE-Mech-3 CHSE-Mech-4 jLocker 1Upgrade DDC Controls Rooms Dehumidification 2 1 Referendum Health & Safety 2015 2315 } $441,378 x S303,905 x 1-iSE-Mech-6 Replace Miscellaneous Exhaust Fans 1 Referendum 2015 $80,010 x ..HSE-Mech-7 Computer Server Room Ventilation 1 Referendum 2015 $110,347 x CHSE-Mech-8 Pool Humidity Control - Poo! Cover 1 Referendum 2015 $140,154 x CHSE-Mech-9 Plumbing Valve Retrofit/Recommissionino 1 Referendum 2015 $49,299 x CHSE-Mech-10 Asbestos - Piping & Miscellaneous 1 Health & Safety 2015 $69,300 x CHSE-Mech-12 Asbestos - Chalk Board Adhesive 1 Health & Safety 2015 $34,650 x CHSE-Mech-13 DER Replacement 2 Referendum 2015 $2,144,581 x CHSW-Mech-1 Boiler Plant Replacement 1 Referendum 2015 $733A25 x CHSW-Mech-2 Wrestling Room Dehumidification 1 Health & Safety 2015 $49.340 x CHSW-Mech-4 Replace Exhaust Fans 1 Referendum 2015 $64,008 x CHSW-Mach-5 Replace Water Heaters 1 Referendum 2015 $89,345 x CHSW-Mech-6 Men's Locker Room Dehumidification 1 Health & Safety 2015 $284,036 x CHSW-Mech-7 Women's Locker Room Dehumidification i Health & Safety 2015 $291,700 x CHSW-Mech-9 PAC Dressing Room Al -ill 2 Referendum 2015 $101,346 x CHSW-Mech-10 Plumbing Valve Retrofit/Recommissioning 1 Referendum 2015 $61,333 x CHSW-Mech-11 Upgrade DDC Controls 2 Referendum 2015 $513,324 x CHSW-Mech-12 Asbestos - Piping & Miscellaneous 1 Health & Safety 2015 $85,470 x CHSW-Mech-13 Asbestos - Flooring 1 Health & Safety 2015 $11,550 x CHSW-Mech-14 Asbestos - Chalk Board Adhesive 2 Health & Safety 2015 $34,650 x CHSW-Mech-15 DER Replacement 2 Referendum 2015 $2,919,508 x CHSW-Mech-16 Plumbing Fixture Replacement 2 Referendum 2015 $67,988 x CHS -EE -2 Horn/strobes required 1 Referendum 2015 $15,225 x CHS -EE -5 Outdoor Lighting 1 Referendum 2015 $78,356 x CHS -EE -7 Exterior Soffit Lighting 1 Referendum 2015 $11,603 x CHS -EE -8 Emergency Egress Lighting 1 Referendum 2015 $9,647 x CHS -EE -9 Fire Alarm Hom/Strobes 1 Referendum 2015 $13,781 x CHS -EE -10 Outdoor Lighting 1 Referendum 2015 $7,403 x CHS -EE -11 Security Improvements - Access Control 1 Safe Schools 2015 $69,563 x CHS -EE -12 Security Improvements - Video Monitoring 1 Safe Schools 2015 $80,719 x CHS -EE -13 Security Improvements - Access Control 1 Safe Schools 2015 $81,375 x CHS -EE -14 Security Improvements - Video Monitoring 1 Safe Schools 2015 $91,219 x CHS -EE -16 Paging and Program System Replacement 1 Referendum 2015 $223,204 x CHS -EE -17 Master Clock System Replacement 1 Referendum 2015 $135,645 x CHS -EE -18 Phone System Upgrade to VolP ( 1 Referendum 2015 $280,584 x CHS -Site -1 Parking Lots - Grassed Islands 2 Referendum 2015 $17,063 x CHS -Site -6 Varsity Baseball Field Outfield Fencing 1 Referendum 2015 $59,063 x CHS -Site -7 Athletic Track 2 Referendum 2015 $93,188 x CHS -Site -8 Tennis Courts 2 Referendum 2015 $39,375 x CHS -Site -9 Baseball Batting Cage Fencing 2 Referendum 2015 $4,594 x CHS -Site -11 West Building SE Corner Roof Drainage Area 1 Referendum 2015 $42,000 x CHS -Site -12 Northeast Student Parking Lot Addition 2 Abatement 2015 $144,375 x CHS -Site -13 Additional Turf Field 2 Lease Levy 2015 $2,271,714 x CHS -Site -14 Parking Lot for the Athletic Fields 2 Abatement 2015 $672,000 x CHS -Site -15 Campus Circulation Improvements - Option B 2 Abatement 2015 $203,438 x CHS -Site -16 SE Parking Lot Reclaim/Reconstruction 1 Abatement 2015 $110,880 x CHS -Site -17 East Parking Lot Reclaim/Reconstruction 1 Abatement 2015 $163,800 x CHS -Site -18 NE Lots & Drive Reclaim/Reconstruction 1 Abatement 2015 $205,380 x CHS -Site -19 NW Lot & Drive Reclaim/Reconstruction 1 Abatement 2015 $158,760 x CHSE-Ext-1 Mortar - Prioity 1 1 Referendum 2015 $104,875 x CHSE-Ext-2 Brick - Priority 2 2 Referendum 2015 $36,750 x CHSE-Ext-3 Brick 1 Referendum 2015 $84,020 x CHSE-Ext-4 Joint Sealant & Masonry Expansion Joints 1 Referendum 2015 472,555 x CHSE-Ext-5 Paint 1 Referendum 2015 $5,565 x CHSE-Ext-6 Mortar - Priority 2 2 Referendum 2015 $157,303 x CHSE-Ext-8 Rowlock 2 Referendum 2015 $3,150 x CHSE-Ext-1 Roof Replacement - Section B 1 Referendum 2015 $1,200,927 x CHSE-Ex1-12 Roof Replacement - Section C 1 Referendum 2015 $655,473 x CHSE-Ext-13 Roof Replacement - Section D 1 Referendum 2015 $30,713 x CHSW-Ext-1 Mortar 1 Referendum 2015 $490,711 x CHSW-Ext-2 Brick 1 Referendum 2015 $131,749 x CHSW-Ext-3 Joint sealant 1 Referendum 2015 $97742 x CHSW-Ext-5 Paint 1 Referendum 2015 $4,967 x CHSW-Ext-6 Stucco & EIFS Damage 1 Referendum 2015 $5.166 x CHSW-Ext-7 Reclad option 1 Referendum 2015 $23,625 x CHSW-Ext-9 Door Improvements 1 Referendum 2015 $53,983 fEtthtbit 1 `° BIM S Building Improvement Measure (BIM) Description Action Priority Funding Source Scheduled Project Year Project Budget x CHSW-Ext-11 CHSW-Ext-12 Roof Replacement - Section E Roof Replacement - Section F Roof Replacement - Section G i 2 2 Referendum Referendum Referendum 2015 2015 2015 $324,636 $197,277 $16,721 x x CHSW-Exi-13 x CHSE-INT-1 Original Casework 1 Referendum 2015 $114,786 x CHSE-INT-2 Original Doors 1 Referendum 2015 $16,078 x CHSE-INT-3 Carpet 1 Referendum 2015 $17,068 x CHSE-INT-4 Chalkboards 1 Referendum 2015 $62,370 x CHSE-INT-5 Floor Tile 1 Referendum 2015 $19,083 x CHSE-INT-6 Toilet Rooms 1 Referendum 2015 $6,520 x CHSE-INT-7 East/West Classroom Doors 1 Referendum 2015 $41,016 x CHSE-INT-8 Carpet 2 Referendum 2015 $65,083 x CHSE-INT-9 1990's Casework 2 Referendum 2015 $138,411 x CHSE-INT-10 Ceilings 2 Referendum 2015 $336,303 x CHSE-INT-11 VCT -Hallway 2 Referendum 2015 $183,536 x CHSE-INT-12 Old ACT 2 Referendum 2015 $289,391 x CHSE-INT-13 Science/Art VCT 2 Referendum 2015 $140,918 x CHSE-INT-14 Wall Tile 2 Referendum 2015 $42,805 x CHSW-INT-1 Original/Damaged Casework 1 Referendum 2015 $124,777 x CHSW-INT-2 Toilet Room 1 Referendum 2015 $5,807 x CHSW-INT-3 Carpet 1 Referendum 2015 $110,295 x CHSW-INT-4 Lockers 1 Referendum 2015 $9,706 x CHSW-INT-5 Chalkboards 1 Referendum 2015 $64,638 x CHSW-INT-6 1990's Casework 2 Referendum 2015 $299,956 x CHSW-INT-7 VCT Cafeteria/Science 2 Referendum 2015 $91,731 x CHSW-INT-8 VCT -Hallways 2 Referendum 2015 $171,869 x CHSW-INT-9 Gym Floor - Rubber 2 Referendum 2015 $94,434 x CHSW-INT-10 Hallway Ceilings 2 Referendum 2015 $174,429 x CHSW-INT-11 Classroom Doors 2 Referendum 2015 $153,825 x CHS-EDAD-1 CHS-EDAD-2 21st Century Learning Environment Science Labs 1 1 Referendum Referendum 2015 2015 $945,000 $2,011,839 x x CHS-EDAD-3 Staff Restrooms 1 Referendum 2015 5196,875 x CHS-EDAD-4 E -Cafe 1 Referendum 2015 $432,548 x CHS-EDAD-5 East Office Relocation. Commons, Secure Entrance 1 Referendum 2015 $1,555,313 x CHS-EDAD-6 Additional Classrooms/Comm. Ed 1 Referendum 2015 5406.€7 Centennial High School Total Selected Projects: $27,588,652 v. BIM a Building Improvement Measure (BIM) Description Action Priority Funding Source Scheduled Project Year Project Budget f]i5t1•Ct Office x DO-EE-1 Outdot3i Lt •hong Board Room Audio/Video Improvements 1 1 Referendum Referendum 2015 2015 €9,660 $151200 x 1.1O-EE-2 x DO-EE-3 Security Improvements - Access Control I Safe Schools 2015 $33,469 x DO-EE-4 Security Improvements - Video Monitoring 1 Safe Schools 2015 $16,375 x DO-EE-5 Phone System Upgrade to VoIP 1 Referendum 2015 $9.059 x DO-Ext-1 Brick i Referendum 2015 $56,044 x DO-Ext-2 Joint sealant 1 Referendum 2015 $17,115 x DO-Ext-3 Mortar 1 _ _ Referendum 2015 $64,051 x DO-Ext-4 Further investigation i Referendum 2015 $4,620 x DO-Ext-7 Metal wall anel 1 Referendum 2015 $32,613 x DO-Ext-B Stucco 1 Referendum 2015 2015 I $35,436 $244,779 x DO-Ext-9 Roof Rogcement nent - Section A & B 1 Referendum District Office Total Selected Projects: $676,621 District Total Selected Projects: $56,497,573 Expenditures September 22, 2014 Check #98785 to #98879 $362,380.58 Date: 09/17/2014 Time: 08:52:08 Ranges: Vendor #: (A) Invoice #: (A) Entry Journal #: (r) 12102 - 12115 Trans #: (A) Line #: (A) Due Date: (A) Bank #: (A) City of Lino Lakes Operator: TJT Page: FM Entry - Invoice Journal Options: Detail / Summary: S Invoice Status: A # of copies: 1 Sort: A Check Over Expend: N Discount Vendor # Name # of items Net Gross Discount Lost 000020 A&L SUPERIOR QUALITY SOD, INC. 1 26.40 26.40 .00 .00 000093 ACE SOLID WASTE, INC. - 1 757.12 757.12 .00 .00 000408 AFSCME COUNCIL #5 1 623.84 623.84 .00 .00 000100 AID ELECTRIC CORPORATION 1 393.34 393.34 .00 .00 000399 ALLDATA 1 1,500.00 1,500.00 .00 .00 000318 AMERIPRIDE SERVICES, INC. 1 117.82 117.82 .00 .00 000370 ANOKA COUNTY CENTRAL COMMUNICATIONS 1 595.41 595.41 .00 .00 000228 ANOKA COUNTY ELECTIONS 1 132.00 132.00 .00 .00 004063 ANOKA COUNTY LICENSE BUREAU 1 142.90 142.90 .00 .00 000420 ANOKA COUNTY PROPERTY RECORDS & TAXATION 1 184.00 184.00 .00 .00 004469 AUTO NATION FORD WHITE BEAR LAKE 5 285.73 285.73 .00 .00 009056 MILO BENNETT 1 390.00 390.00 .00 .00 008808 BUSINESS DATA RECORD SERVICES 1 48.84 48.84 .00 .00 000258 CARROLL DISTRIBUTING & CONST. SUPPLY 1 105.00 105.00 .00 .00 008920 CARTEGRAPH SYSTEMS, INC. 1 9,742.68 9,742.68 .00 .00 001110 CENTENNIAL UTILITIES 1 980.07 980.07 .00 .00 002700 CENTERPOINT ENERGY 1 275.93 275.93 .00 .00 008767 CES IMAGING 1 80.00 80.00 .00 .00 001878 CITY OF HUGO 1 926.02 926.02 .00 .00 900491 CITY OF ROSEVILLE 2 7,834.17 7,834.17 .00 .00 004125 CITY OF SAINT PAUL 1 4,650.37 4,650.37 .00 .00 009057 CNH ARCHITECTS 1 18,238.00 18,238.00 .00 .00 Date: 09/17/2014 Time: 08:52:09 City of Lino Lakes FM Entry - Invoice Journal Operator: TJT Page: 2 Discount Vendor # Name # of items Net Gross Discount Lost 004470 COMO LUNE & SUPPLIES, INC. 1 75.00 75.00 .00 .00 001187 CONNEXUS ENERGY 1 4,926.54 4,926.54 .00 .00 900415 CRAIG SEVERSON CONSTRUCTION 1 3,250.00 3,250.00 .00 .00 009070 JEAN CURTIS 1 5.00 5.00 .00 .00 001270 DALCO, INC. 2 1,036.27 1,036.27 .00 .00 001298 RICK DEGARDNER 1 58.24 58.24 .00 .00 000947 DIAMOND VOGEL PAINT 1 643.30 643.30 .00 .00 009071 DYNAMIC OFFICE SERVICES, LLC 1 9,983.00 9,983.00 .00 .00 001350 E.G. RUD & SONS, INC. 1 4,812.50 4,812.50 .00 .00 003220 FACTORY MOTOR PARTS COMPANY, INC. 4 87.09 87.09 .00 .00 007405 FASTENAL COMPANY 1 59.46 59.46 .00 .00 009059 FOREST LAKE SPORTSMENS CLUB 1 360.00 360.00 .00 .00 007698 FRATTALLONE'S/CIRCLE PINES ACE 2 20.36 20.36 .00 .00 007751 GALLS QUARTERMASTER 1 95.13 95.13 .00 .00 008557 GECK, DUEA & OLSON, PLLC 2 8,260.30 8,260.30 .00 .00 009072 GL SPORTS CAMPS, LLC 1 7,652.98 7,652.98 .00 .00 008240 GOPHER STATE ONE -CALL 1 524.05 524.05 .00 .00 001720 GRAINGER 1 35.45 35.45 .00 .00 001480 HAWKINS, INC. 1 30.00 30.00 .00 .00 004562 HD SUPPLY WATERWORKS, LTD. 2 5,367.89 5,367.89 .00 .00 008034 HEART & SOUL, LLC 1 18.00 18.00 .00 .00 001859 HOME DEPOT CREDIT SERVICES 1 154.02 154.02 .00 .00 001880 HUGO FEED MILL & HARDWARE 1 7.47 7.47 .00 .00 000303 INSTRUMENTAL RESEARCH, INC. 1 142.50 142.50 .00 .00 002000 INTL UNION OF OPER ENGR 1 490.00 490.00 .00 .00 002036 JACKSON-HIRSH, INC. 1 117.45 117.45 .00 .00 008394 JANI-KING OF MINNESOTA, INC. 2 3,391.00 3,391.00 .00 .00 Date: 09/17/2014 Time: 08:52:09 City of Lino Lakes FM Entry - Invoice Journal Operator: TJT Page: 3 Discount Vendor # Name # of items Net Gross Discount Lost 007851 JRK SEED & TURF SUPPLY 1 165.00 165.00 .00 .00 001940 KEEPRS, INC. 1 55.88 55.88 .00 .00 000492 KRISS DESIGN COMPANY, LLC 1 360.00 360.00 .00 .00 002208 LAW ENFORCEMENT LABOR SERVICES, INC. 1 900.00 900.00 .00 .00 009036 MANSFIELD OIL COMPANY 1 6,890.21 6,890.21 .00 .00 007874 MCFOA REGION IV I 30.00 30.00 .00 .00 002550 MENARDS, INC. 1 7.56 7.56 .00 .00 002570 METRO COUNCIL ENRIVONMENTAL SERVICES 1 9,840.60 9,840.60 .00 .00 002584 METRO SALES INCORPORATED 1 98.00 98.00 .00 .00 007694 METROPOLITAN COUNCIL 1 65,964.98 65,964.98 .00 .00 002931 MN CHILD SUPPORT PAYMENT CENTER 3 1,061.30 1,061.30 .00 .00 009073 MUELLNER BLACKTOP INC. 1 4,500.00 4,500.00 .00 .00 003370 NYSTROM PUBLISHING COMPANY, INC. 1 1,884.32 1,884.32 .00 .00 000900 O'REILLY AUTOMOTIVE STORES, INC. 8 504.56 504.56 .00 .00 008811 KRISTIN PECHMAN - DESKTOP IMPRESSIONS 1 50.00 50.00 .00 .00 003491 PETTY CASH - HEATHER ROBINSON 1 48.12 48.12 .00 .00 003524 PITNEY BOWES, INC. 1 252.00 252.00 .00 .00 009014 PLAISTED COMPANIES, INC. 1 179.40 179.40 .00 .00 000217 POLAR CHEVROLET & MAZDA 3 471.63 471.63 .00 .00 000057 PREMIUM WATERS, INC. 1 54.04 54.04 .00 .00 003600 PRESS PUBLICATIONS, INC. 2 107.51 107.51 .00 .00 007696 RATWIK, ROSZAK & MALONEY, PA 1 11,680.74 11,680.74 .00 .00 008074 REPUBLIC SERVICES, INC. 1 76.30 76.30 .00 .00 000888 RICK JOHNSON DEER & BEAVER INC. 1 90.00 90.00 .00 .00 003900 SAFETY KLEEN CORPORATION, INC. 1 43.45 43.45 .00 .00 003880 SEH TECHNOLOGY SOLUTIONS INC 1 2,196.86 2,196.86 .00 .00 007756 SHI INTERNATIONAL CORP 1 285.00 285.00 .00 .00 Date: 09/17/2014 Time: 08:52:10 City of Lino Lakes FM Entry - Invoice Journal Operator: TJT Page: 4 Discount Vendor # Name # of items Net Gross Discount Lost 009075 SPRINGBROOK SOFTWARE INC 1 25,471.60 25,471.60 .00 .00 008142 STAPLES ADVANTAGE 2 104.64 104.64 .00 .00 004192 STATE OF MINNESOTA 1 25.00 25.00 .00 .00 002486 STOREY KENWORTHY/MATT PARROTT 1 235.36 235.36 .00 .00 008141 TASC - CLIENT INVOICES 1 87.68 87.68 .00 .00 000489 TDS METROCOM MN 1 258.78 258.78 .00 .00 008620 TITAN MACHINERY 1 272.15 272.15 .00 .00 007758 TOWMASTER 1 110.25 110.25 .00 .00 009074 TWIN CITIES TRANSPORT & RECOVERY, INC. 1 150.00 150.00 .00 .00 008640 U.S. BANK 1 52,137.43 52,137.43 .00 .00 000240 VALLEY -RICH CO., INC. 2 13,033.98 13,033.98 .00 .00 008395 WSB & ASSOCIATES, INC. 13 51,548.22 51,548.22 .00 .00 003250 XCEL ENERGY 1 10,445.84 10,445.84 .00 .00 000030 ZIEGLER, INC. 1 1,069.55 1,069.55 .00 .00 Grand Totals: 129 362,380.58 362,380.58 .00 .00* Date: 09/17/2014 Time: 08:54:13 Operator: TJT Ranges: Page: 1 City of Lino Lakes FM Entry - Invoice Payment - Department Report Fund: Dept Id: Program: Vendor #: Invoice #: Schedule Journal #: Bank #: (A) (A) (A) (A) (A) (R) (A) Options: Print Ranges/Options: Y Page on Department: N Department Vendor Name 12103 - 12123 # of copies: 1 Description Amount MAYOR/COUNCIL ADMINISTRATION ADMINISTRATION ADMINISTRATION ADMINISTRATION ADMINISTRATION ADMINISTRATION ADMINISTRATION ELECTIONS FINANCE FINANCE LEGAL CONSULTANTS LEGAL CONSULTANTS LEGAL CONSULTANTS PLANNING & ZONING ENGINEERING AFSCME COUNCIL #5 SEPT UNION DUES ANOKA COUNTY PROPERT EASEMENT ENCROACHMENT -39 ANOKA COUNTY PROPERT EASEMENT ENCROACHMENT -63 ANOKA COUNTY PROPERT EASEMENT ENCROACHMENT -64 ANOKA COUNTY PROPERT EASEMENT ENCROACHMENT -78 INTL UNION OF OPER E SEPT UNION DUES LAW ENFORCEMENT LABO SEPT UNION DUES METRO COUNCIL ENVIRO AUGUST 2014 SAC MN CHILD SUPPORT PAY CHILD SUPPORT U.S. BANK U.S. BANK REBATE Total for Department BENNETT, MILO AUGUST CONSULTING Total for Department 401 PRESS PUBLICATIONS, MCFOA REGION IV MCFOA REGION IV NOTICE OF ABSENTEE VOTIN E -CIGARETTE REGULATIONS E -CIGARETTE REGULATIONS TASC - CLIENT INVOIC AUGUST ADMIN FEES U.S. BANK ACCO/DAY TIMER REFILL U.S. BANK MN SEC OF STATE/NOTARY C BUSINESS DATA RECORD DOCUMENT DESTRUCTION Total for Department 402 ANOKA COUNTY ELECTIO 2014 PRIMARY BALLOTS Total for Department 403 STOREY KENWORTHY/MAT PAYROLL CHECKS CITY OF ROSEVILLE SEPT IT SERVICES Total for Department 407 RATWIK, ROSZAK & MAL JULY LEGAL GECK, DUEA & OLSON, LEGAL -FORFEITURE GECK, DUEA & OLSON, LEGAL -PROSECUTION CONTRA Total for Department 414 CES IMAGING AUG PLOTTER/SCANNER MAIN Total for Department 416 623.84 46.00 46.00 46.00 46.00 490.00 900.00 9,840.60 1,061.30 -953.80 12,145.94* 390.00 390.00* 24.81 15.00 15.00 87.68 50.11 120.00 12.21 324.81* 132.00 132.00* 235.36 6,688.67 6,924.03* 7,180.59 10.30 8,250.00 15,440.89* 80.00 80.00* WSB & ASSOCIATES, IN JULY GENERAL ENGINEERING 4,755.17 Date: 09/17/2014 Time: 08:54:13 Operator: TJT Department Page: 2 City of Lino Lakes FM Entry - Invoice Payment - Department Report Vendor Name COMM DEV COMM DEV POLICE POLICE POLICE POLICE POLICE POLICE POLICE POLICE POLICE POLICE POLICE POLICE POLICE POLICE POLICE POLICE POLICE POLICE POLICE POLICE POLICE POLICE POLICE POLICE POLICE POLICE FIRE FIRE Description Amount Total for Department 417 SEH TECHNOLOGY SOLUT U.S. BANK Total for ANOKA COUNTY CENTRAL KRISS DESIGN COMPANY CONNEXUS ENERGY KEEPRS, INC. METRO SALES INCORPOR GALLS QUARTERMASTER SHI INTERNATIONAL CO HEART & SOUL, LLC U.S. BANK U.S. BANK U.S. BANK U.S. BANK U.S. BANK U.S. BANK U.S. BANK U.S. BANK U.S. BANK U.S. BANK U.S. BANK U.S. BANK U.S. BANK U.S. BANK U.S. BANK U.S. BANK BUSINESS DATA RECORD FOREST LAKE SPORTSME Total for U.S. BANK U.S. BANK Total for BUILDING INSPECTIONS CITY OF HUGO BUILDING INSPECTIONS U.S. BANK Total for STREETS STREETS STREETS STREETS STREETS STREETS STREETS STREETS AUG 2014 GIS SERVICES MNAPA/2014 APA PLANNERS Department 418 4,755.17* 2,196.86 290.00 2,486.86* JULY VERIZON WIRELESS 3G 595.41 LLPD FIREARM SAFETY 360.00 AUG ELECTRIC 20.00 UNIFORM ALLOWANCE M.HAGE 55.88 COPIER MAINTENANCE CONTR 98.00 UNIFORM ALLOWANCE W.OWEN 95.13 HP LASERJET MAINTENANCE 285.00 HEALTHCARE PROVIDER CARD 18.00 ADOBA/FBI NAA TRAINING & 484.05 ATLAS BUSINESS SOL/SCHED 76.50 DELTA/TRAVEL IACP & PUB. 301.20 HOME DEPOT/SHOP VAC FOR 85.67 IACP/CONFERENCE REGISTRA 350.00 MATTHEWS/NTU COLORING CO 52.81 MN CHIEFS OF POLICE ASSO 100.00 OFFICE MAX/SUPPLIES 94.40 OFFICE MAX/TONER 257.01 PROVISION/DEMO CAM 165.00 RDJ SPECIALTIES/BADGE ST 477.66 SAFARILAND GROUP/TRAININ 275.00 SPARTAN/NIGHT TO UNITE 1,662.63 STREICHERS/LESS LETHAL R 276.99 WB LOCKSMITH/NEW HIRE KE 31.33 XTREME APPAREL/LLPD SHIR 172.53 DOCUMENT DESTRUCTION RANGE RENTAL -PD QUALIFIC Department 420 IMAGE PRINTING/FIRE FAQ MATTHEWS/INTERVIEW PANEL Department 421 A&L SUPERIOR QUALITY CARROLL DISTRIBUTING RICK JOHNSON DEER & DIAMOND VOGEL PAINTS CONNEXUS ENERGY GRAINGER MENARDS, .INC. XCEL ENERGY BUILDING DEPT INSPECTION MN LABOR&IND/BUILDING OF Department 422 36.63 360.00 6,786.83* 523.00 34.85 557.85* 926.02 110.00 1,036.02* SOD -CURB REPAIR RESTORAT 26.40 FUEL OIL SPRAYER ASPHALT 105.00 AUGUST DEER REMOVAL 90.00 CROSSWALK/STRIPING PAINT 643.30 AUG ELECTRIC 1,331.37 STERILE WATER REMOTE EYE 35.45 MULCH -RES RESTORATION AF 7.56 ELECTRIC 370.70 Date: 09/17/2014 Time: 08:54:13 Operator: TJT Page: 3 City of Lino Lakes FM Entry - Invoice Payment - Department Report Department Vendor Name Description Amount STREETS CITY OF ST. PAUL ASPHALT MIX -11 69 TN 4,520.19 STREETS CITY OF ST. PAUL ASPHALT MIX -4A 2 TN 130.18 STREETS WSB & ASSOCIATES, IN JULY 2014 SURFACE WATER 1,726.00 STREETS U.S. BANK NORTHERN TOOL/TOOL CAT T 396.35 STREETS PLAISTED COMPANIES, TOP SOIL FOR BLVD RESTOR 179.40 STREETS MUELLNER BLACKTOP IN CORRECT SALT SHED LOW SP 4,500,00 STREETS CRAIG SEVERSON CONST CURB & GUTTER REPAIR 3,250.00 Total for Department 430 17,311.90* FLEET ZIEGLER, INC. #251 REPAIR DRIFT REDUCT 1,069.55 FLEET POLAR CHEVROLET & MA #208 ROTORS,PAD KITS 392.00 FLEET POLAR CHEVROLET & MA #208 SEAL 41.28 FLEET POLAR CHEVROLET & MA #208 SENSOR 38.35 FLEET O'REILLY AUTOMOTIVE #379 RETURN DEFECTIVE SE -111.65 FLEET O'REILLY AUTOMOTIVE #379 RETURN SPRING COMPR -49.99 FLEET O'REILLY AUTOMOTIVE #379 SENSA-TRAC 111,65 FLEET O'REILLY AUTOMOTIVE #379 SENSA-TRAC,STRUT MO 368.85 FLEET O'REILLY AUTOMOTIVE SMALL TOOLS -HEX BITS,IMP 34.97 FLEET O'REILLY AUTOMOTIVE STOCK BRAKE FLUID 39.98 FLEET O'REILLY AUTOMOTIVE STOCK CAPSULE 97.76 FLEET O'REILLY AUTOMOTIVE STOCK GREASE 12.99 FLEET FACTORY MOTOR PARTS #379 PAD 41.03 FLEET FACTORY MOTOR PARTS #379 ROTOR ASY 106.06 FLEET FACTORY MOTOR PARTS BATTERY CORE -60.00 FLEET SAFETY KLEEN CORPORA SOLVENT 43.45 FLEET ANOKA COUNTY LICENSE LICENSE/REGISTRATION UTI 142.90 FLEET AUTO NATION FORD WHI #379 ALIGNMENT 117.94 FLEET AUTO NATION FORD WHI #383 ROTOR ASY/SOLENOID 159.17 FLEET AUTO NATION FORD WHI #383 SOLENOID 37.17 FLEET AUTO NATION FORD WHI #383 SOLENOID RETURNED -39.73 FLEET AUTO NATION FORD WHI #383 VALVE ASY 11.18 FLEET COMO LUBE & SUPPLIES SERVICE USED OIL FILTERS 75.00 FLEET FASTENAL COMPANY STOCK NUTS & BOLTS 59.46 FLEET TOWMASTER #249 AIR PRESSURE REGULA 110.25 FLEET TITAN MACHINERY SKIDSTEER BRUSH MOWER AT 272.15 FLEET U.S. BANK AMAZON/BATTERY CHARGERS 353.13 FLEET U.S. BANK BILLS/GAS FOR SQUAD CARS 211.25 FLEET U.S. BANK BILLS/GAS FOR SQUADS 30.01 FLEET U.S. BANK CENEX/FUEL TO/FROM TRAIN 44.72 FLEET U.S. BANK HOLDIAY/FUEL TO/FROM TRA 32.59 FLEET CARTEGRAPH SYSTEMS, IMPLEMENTATION SERVICES 9,742.68 FLEET MANSFIELD OIL COMPAN 2,223 87 UNL W/10%ETH 6,890.21 Total for Department 431 20,426.36* GOVERNMENT BUILDINGS PREMIUM WATERS, INC. KANDIYOHI WATER 54.04 GOVERNMENT BUILDINGS ACE SOLID WASTE, INC TRASH/RECYCLING 550.32 GOVERNMENT BUILDINGS AID ELECTRIC CORPORA REPLACE DIMMER SWITCH CO 393.34 GOVERNMENT BUILDINGS AMERIPRIDE SERVICES, MATS 117.82 GOVERNMENT BUILDINGS ALLDATA ALL MAKES DATA SUBSCRIPT 1,500.00 GOVERNMENT BUILDINGS TDS METROCOM MN PHONE SERVICE 222.58 Date: 09/17/2014 Time: 08:54:14 Operator: TJT Department Page: 4 City of Lino Lakes FM Entry - Invoice Payment - Department Report Vendor Name Description Amount GOVERNMENT GOVERNMENT GOVERNMENT GOVERNMENT GOVERNMENT GOVERNMENT GOVERNMENT GOVERNMENT GOVERNMENT GOVERNMENT GOVERNMENT GOVERNMENT GOVERNMENT GOVERNMENT GOVERNMENT GOVERNMENT GOVERNMENT GOVERNMENT GOVERNMENT GOVERNMENT GOVERNMENT PARKS PARKS PARKS PARKS PARKS PARKS PARKS PARKS PARKS PARKS PARKS PARKS PARKS BUILDINGS BUILDINGS BUILDINGS BUILDINGS BUILDINGS BUILDINGS BUILDINGS BUILDINGS BUILDINGS BUILDINGS BUILDINGS BUILDINGS BUILDINGS BUILDINGS BUILDINGS BUILDINGS BUILDINGS BUILDINGS BUILDINGS BUILDINGS BUILDINGS SOLID WASTE SOLID WASTE SOLID WASTE SOLID WASTE SOLID WASTE CENTENNIAL UTILITIES CONNEXUS ENERGY DALCO, INC. DALCO, INC. JACKSON-HIRSH, INC. CENTERPOINT ENERGY CENTERPOINT ENERGY XCEL ENERGY PETTY CASH - HEATHER PITNEY BOWES, INC. STATE OF MINNESOTA FRATTALLONE'S/CIRCLE STAPLES ADVANTAGE STAPLES ADVANTAGE JANI-KING OF MINNESO U.S. BANK U.S. BANK U.S. BANK U.S. BANK DYNAMIC OFFICE SERVI CITY OF ROSEVILLE Total for ACE SOLID WASTE, INC CENTENNIAL UTILITIES CENTENNIAL UTILITIES CENTENNIAL UTILITIES CONNEXUS ENERGY DEGARDNER, RICK HOME DEPOT CREDIT SE HOME DEPOT CREDIT SE CENTERPOINT ENERGY CENTERPOINT ENERGY U.S. U.S. TWIN AUG NATURAL GAS -600 TOWN AUG ELECTRIC MULTI -FOLD TOWELS,TOILET PARTS FOR TENNANT FLOOR LAMINATING POUCHES AUG NATURAL GAS -1187 MAI AUG NATURAL GAS -1189 MAI ELECTRIC KITCHEN SOAP DISPENSER 4TH QTR POSTAGE METER RE HAZARDOUS WASTE REPORTIN QT VALVE 5 9X12 ENVELOPES,BROTHER A ADDRESS LABELS,POST-IT N SEPT MONTHLY CONTRACT AIRGAS/HAND CLEANER HEARTSMART/EAD NEW BATTE HOME DEPOT/CAULK, LAUNDRY NORTHERN TOOL/TOOLS CITY MOVING FURNITURE FOR CAR SEPT PHONE Department 432 TRASH/RECYCLING AUG NATURAL GAS -6811 LAK AUG NATURAL GAS -6918 SUN AUG NATURAL GAS -7204 LAK AUG ELECTRIC MILEAGE LYSOL CLEANER,THE WORKS PAINT, PAINT SUPPLIES AUG NATURAL GAS -1179 MAI AUG NATURAL GAS -6520 PHE BANK CITY OF PLYMOUTH/PARK BE BANK FRATTALLONES/MIRACLE GRO CITIES TRANSPOR WINCH TOW Total for Department 450 ACE SOLID WASTE, INC TRASH/RECYCLING NYSTROM PUBLISHING C RECYCLING POSTCARDS REPUBLIC SERVICES #8 BHD RECYCLING U.S. BANK TARGET/CANDY PECHMAN, KRISTIN - D SEPT RECYCLING POSTCARD Total for Department 462 FORESTRY JRIC SEED & TURF SUPP MIN -JET IRON Total for Department 463 Total for Fund 101 883.83 1,043.47 393.61 642.66 117.45 42.94 51.41 6,544.76 5.00 252.00 25.00 10.49 53.12 51.52 3,391.00 89.27 175.81 38.75 314.86 9,983.00 1,145.50 28,093.55* 151.92 26.10 30.22 19.96 69.63 58.24 40.89 113.13 24.19 12.59 240.00 13.92 150.00 950.79* 54.88 1,884.32 76.30 12.09 50.00 2,077.59* 165.00 165.00* 120,085.59* Date: 09/17/2014 Time: 08:54:14 Operator: TJT Page: 5 City of Lino Lakes FM Entry - Invoice Payment - Department Report Department Vendor Name Description Amount ADULT SPORTS FAMILY ACTIVITIES PETTY CASH - HEATHER REFUND SOCCER SOCKS CURTIS, JEAN REFUND PROGRAM OVERPAYME Total for Department U.S. BANK GREEN MILL/LEAGUE CHAMP 12.00 5.00 17.00* 50.00 Total for Department 202 50.00* PETTY CASH - HEATHER CORN ROAST SUPPLIES 27.62 Total for Department 203 27.62* SPECIAL EVENTS/TRIPS PETTY CASH - HEATHER ART CAMP SUPPLIES SPECIAL EVENTS/TRIPS U.S. BANK BARNES & NOBLE/SENIOR BO SPECIAL EVENTS/TRIPS U.S. BANK CITY OF BLOOMINGTON/FIEL SPECIAL EVENTS/TRIPS U.S. BANK GREEN MILL/PLAYGROUND ST SPECIAL EVENTS/TRIPS U.S. BANK HOLIDAY/PROGRAM SUPPLIES SPECIAL EVENTS/TRIPS U.S. BANK MICHAELS/ART CAMP SUPPLI SPECIAL EVENTS/TRIPS U.S. BANK MICHAELS/ART CAMP SUPPLI SPECIAL EVENTS/TRIPS U.S. BANK MISTER ART/ART CAMP SUPP SPECIAL EVENTS/TRIPS U.S. BANK ORIENTAL TRADING/PROGRAM SPECIAL EVENTS/TRIPS U.S. BANK S&S WORLDWIDE/PROGRAM SU SPECIAL EVENTS/TRIPS U.S. BANK SHELL/PROGRAM SUPPLIES SPECIAL EVENTS/TRIPS U.S. BANK WALMART/ART CAMP SUPPLIE SPECIAL EVENTS/TRIPS U.S. BANK WALMART/ART CAMP SUPPLIE Total for Department 205 YOUTH INSTRUCTIONAL U.S. BANK CHOMONIX/SUMMER GOLF ACA YOUTH INSTRUCTIONAL GL SPORTS CAMPS, LLC SICYHAWICS SPORTS CAMPS Total for Department 207 3.50 116.28 84.58 51.44 4.99 93.53 -14.43 130.95 299.25 805.32 9.38 150.03 -32.14 1,702.68* 773.48 7,652.98 8,426.46* YOUTH SPORTS U.S. BANK HOLIDAY/ICE 3.50 YOUTH SPORTS U.S. BANK IMAGE PRINTING/SOCCER FI 48.30 Total for Department 208 51.80* Total for Fund 201 10,275.56* BLUE HERON DAYS U.S. BANK GREEN MILL/BLUE HERON DA 75.00 BLUE HERON DAYS U.S. BANK HAPPY FACES ENTERTAINMEN 204.95 BLUE HERON DAYS U.S. BANK HOLIDAY/BHD GAS FOR TRUC 30.01 BLUE HERON DAYS U.S. BANK TARGET/BHD SUPPLIES 52.62 Total for Department 497 362.58* Total for Fund 205 362.58* POLICE U.S. BANK EMERGENCY AUTOMOTIVE INV 10,093.88 Total for Department 420 10,093.88* Total for'Fund 207 10,093.88* POLICE U.S. BANK EMERGENCY AUTOMOTIVE INV 10,118.60 POLICE U.S. BANK EMERGENCY AUTOMOTIVE INV 10,527.70 Date: 09/17/2014 Time: 08:54:14 Operator: TJT Page: 6 City of Lino Lakes FM Entry - Invoice Payment - Department Report Department Vendor Name Description Amount POLICE U.S. BANK EMERGENCY AUTOMOTIVE INV 438.31 POLICE U.S. BANK EMERGENCY AUTOMOTIVE INV 10,667.27 Total for Department 420 31,751.88* Total for Fund 402 31,751.88* FINANCE SPRINGBROOK SOFTWARE SaaS ANNUAL SUBSCRIPTION 25,471.60 Total for Department 407 25,471.60* Total for Fund 403 25,471.60* OTHER WSB & ASSOCIATES, IN JULY WELLHEAD PROTECTION 2,023.00 Total for Department 499 2,023.00* Total for Fund 406 2,023.00* OTHER WSB & ASSOCIATES, IN JULY 2014 MILL & OVERLAY 3,092.75 Total for Department 499 3,092.75* Total for Fund 421 3,092.75* OTHER WSB & ASSOCIATES, IN JULY NE AREA DRAINAGE ST 1,694.00 OTHER WSB & ASSOCIATES, IN JULY SURFACE WATER MGMT 1,190.00 OTHER WSB & ASSOCIATES, IN JULY WOLLAN PARK WETLAND 1,284.50 Total for Department 499 4,168.50* Total for Fund 422 4,168.50* OTHER RATWIK, ROSZAK & MAL JULY LEGAL 1,742.15 OTHER U.S. BANK PARKING/REHBEIN TRIAL 9.00 OTHER U.S. BANK PARKING/REHBEIN TRIAL PR 11.00 Total for Department 499 1,762.15* Total for Fund 474 1,762.15* OTHER RATWIK, ROSZAK & MAL JULY LEGAL 279.00 OTHER WSB & ASSOCIATES, IN JULY OTTER LAKE ROAD EXT 99.50 Total for Department 499 378.50* Total for Fund 476 378.50* OTHER RATWIK, ROSZAK & MAL JULY LEGAL 43.50 OTHER WSB & ASSOCIATES, IN JULY 21ST AVENUE EXTENSI 31,683.25 Total for Department 499 31,726.75* Total for Fund 477 31,726.75* OTHER E.G. ROD & SONS, INC FIRE STATION #2 4,812.50 OTHER RATWIK, ROSZAK & MAL JULY LEGAL 708.50 OTHER CNH ARCHITECTS ARCHITECTURAL DESIGN -FIR 18,238.00 Date: 09/17/2014 Time: 08:54:14 Operator: TJT Department Page: 7 City of Lino Lakes FM Entry - Invoice Payment - Department Report Vendor Name Description Amount WATER WATER WATER WATER WATER WATER WATER WATER WATER WATER WATER WATER WATER WATER WATER WATER WATER WATER SEWER SEWER SEWER SEWER SEWER SEWER SEWER SEWER SEWER SEWER SEWER Total for Department 499 Total for Fund 478 VALLEY -RICH CO., INC VALLEY -RICH CO., INC INSTRUMENTAL RESEARC TDS METROCOM MN CONNEXUS ENERGY HAWKINS, INC. HUGO FEED MILL, INC. CENTERPOINT ENERGY CENTERPOINT ENERGY CENTERPOINT ENERGY XCEL ENERGY HD SUPPLY WATERWORKS FRATTALLONE'S/CIRCLE GOPHER STATE ONE -CAL WSB & ASSOCIATES, IN U.S. BANK U.S. BANK U.S. BANK 6578 BLACK DUCK DR 7100 SNOW OWL CIRCLE AUG TOTAL COLIFORM BACTE PHONE SERVICE AUG ELECTRIC CHLORINE CYLINDERS PVC COUPLER,RUBBER COUPL AUG NATURAL GAS -1180 BIR AUG NATURAL GAS -6774 BLA AUG NATURAL GAS -6786 CLE ELECTRIC ACCUSTREAM ECR 1000G TP ORANGE FLAGGING TAPE AUGUST TICKETS JULY GENERAL ENGINEERING AWWA/REGISTRATION T.BUDI AWWA/REGISTRATION T.HILL POST OFFICE/POSTAGE Total for Department 494 Total for Fund 601 CENTENNIAL UTILITIES CONNEXUS ENERGY CENTERPOINT ENERGY CENTERPOINT ENERGY CENTERPOINT ENERGY CENTERPOINT ENERGY XCEL ENERGY AUG NATURAL GAS -SUNRISE AUG ELECTRIC AUG NATURAL GAS -1473 SNO AUG NATURAL GAS -2200 E. AUG NATURAL GAS -6300 LAU AUG NATURAL GAS -6666 BLA ELECTRIC METROPOLITAN COUNCIL OCT WASTE WATER SERVICES GOPHER STATE ONE -CAL AUGUST TICKETS W5B & ASSOCIATES, IN JULY GENERAL ENGINEERING U.S. BANK HOME DEPOT/TROWELS,MAG F Total for Department 495 Total for Fund 602 PRESS PUBLICATIONS, RATWIK, ROSZAK & MAL RATWIK, ROSZAK & MAL RATWIK, ROSZAK & MAL RATWIK, ROSZAK & MAL WSB & ASSOCIATES, IN WSB & ASSOCIATES, IN WSB & ASSOCIATES, IN WSB & ASSOCIATES, IN ORD #06-14 NORTHPOINTE JULY JULY JULY JULY JULY JULY JULY JULY LEGAL -METRO TRANSIT LEGAL-NORTHPOINTE F LEGAL -SADDLE CLUB LEGAL-TALAN RIDGE F CENTURY FARM NORTH ISABELL ESTATES FIN NORTHPOINTE FINAL P SADDLE CLUB FINAL P 23,759.00* 23,759.00* 9,376.17 3,657.81 142.50 36.20 2,015.10 30.00 7.47 12.59 12.59 23.98 3,511.07 5,367.89 9.87 262.03 944.15 140.00 140.00 3.22 25,692.64* 25,692.64* 19.96 446.97 48.31 16.41 13.87 17.05 19.31 65,964.98 262.02 944.15 61.72 67,814.75* 67,814.75* 82.70 87.00 61.50 1,189.00 389.50 207.00 138.00 1,559.75 207.00 Date: 09/17/2014 Time: 08:54:14 Operator: TJT Page: 8 City of Lino Lakes FM Entry - Invoice Payment - Department Report Department Vendor Name Description Amount Total for Department Total for Fund 801 Grand Total 3,921.45* 3,921.45* 362,380.58* CENTENNIAL FIRE DISTRICT Check Register - FIRE GL Page: 1 Check Issue Dates: 9/3/2014 - 9/19/2014 Sep 19, 2014 11:50AM Report Criteria: Report type: Summary GL Check Check Vendor Period Issue Date Number Number Payee Description Check Amount 09/14 09/19/2014 6559 09/14 09/19/2014 6560 09/14 09/19/2014 6561 09/14 09/19/2014 6562 09/14 09/19/2014 6563 09/14 09/19/2014 6564 09/14 09/19/2014 6565 09/14 09/19/2014 6566 09/14 09/19/2014 6567 09/14 09/19/2014 6568 09/14 09/19/2014 6569 09/14 09/19/2014 6570 09/14 09/19/2014 6571 09/14 09/19/2014 6572 09/14 09/19/2014 6573 Grand Totals: 11565 30040 30490 31137 40100 60650 110300 130840 160050 160150 160160 160493 180600 220200 240100 ASPEN MILLS, INC CDW GOVERNMENT, INC CENTERPOINT ENERGY CONNEXUS ENERGY PAT DEVANEY FRATTALLONE'S HARDWARE KIRVIDA FIRE, INC MFSCB PAETEC PEARSON EDUCATION, INC KATHY PEIL PREMIUM WATERS, INC CITY OF ROSEVILLE VERIZON WIRELESS XCEL ENERGY UNIFORMS TABLET FOR MOBILE PLATFOR STATION 2 GAS CHARGES AUG ELECTRIC STATION 1 JULY/AUG CELL PHONE STIPE S BLDG SUPPLIES 1991 FORD TANKER PUMP TES HAZ MAT OPER CERTIFICATIO PHONES STATION 2 EMS TRAINING WORKBOOKS JULY/AUG CELL PHONE STIPE BOTTLES WATER SEPT PHONE COMMUNICATIONS STATION 2 ELECTRIC 456.82 2,978.13 34.17 522.04 100.00 108.72 3,125.74 450.00 159.63 4,610.67 100.00 11.14 1,155.00 284.68 603.36 14,700.10 M = Manual Check, V = Void Check CENTENNIAL FIRE DISTRICT Invoice Register - Edit Report Page: 1 Input Dates: 9/3/2014 - 9/19/2014 Sep 19, 2014 11:41AM Name Vendor Number Invoice Seq Type Description Invoice Date Payment Due Date Total Cost GL Account GL Period 09/19/2014 11565 ASPEN MILLS, INC ASPEN MIL 11565 154166 1 Invoi UNIFORMS 09/19/2014 09/19/2014 162.57 801-42-2210-218 09/14 ASPEN MIL 11565 154167 1 Invoi UNIFORMS 09/19/2014 09/19/2014 294.25 801-42-2210-218 09/14 Total 11565 ASPEN MILLS, INC: 456.82 30040 CDW GOVERNMENT, INC CDW GOV 30040 NX11592 1 Invoi ATTACHMENT TABLET 09/19/2014 09/19/2014 98.93 801-42-2210-570 09/14 CDW GOV 30040 PD53104 1 Invoi TABLET FOR MOBILE PLATFOR 09/19/2014 09/19/2014 2,879.20 801-42-2210-570 09/14 Total 30040 CDW GOVERNMENT, INC: 2,978.13 30490 CENTERPOINT ENERGY CENTERP 30490 091914 1 Invoi STATION 2 GAS CHARGES 09/19/2014 09/19/2014 34.17 801-42-2210-380 09/14 Total 30490 CENTERPOINT ENERGY: 34.17 31137 CONNEXUS ENERGY CONNEXU 31137 091914 1 Invoi AUG ELECTRIC STATION 1 09/19/2014 09/19/2014 522.04 801-42-2210-380 09/14 Total 31137 CONNEXUS ENERGY: 522.04 40100 PAT DEVANEY PAT DEVA 40100 091914 1 Invoi JULY/AUG CELL PHONE STIPE 09/19/2014 09/19/2014 100.00 801-42-2210-321 09/14 Total 40100 PAT DEVANEY: 100.00 60650 FRATTALLONE'S HARDWARE STORE FRATTALL 60650 091914 1 Invoi BLDG SUPPLIES 09/19/2014 09/19/2014 52.94 801-42-2210-202 09/14 FRATTALL 60650 091914 2 Invoi BLDG SUPPLIES 09/19/2014 09/19/2014 55.78 801-42-2210-202 09/14 Total 60650 FRATTALLONE'S HARDWARE STORE: 108.72 110300 KIRVIDA FIRE, INC KIRVIDA Fl 110300 4220 1 Invoi 2000 FREIGHTLINE ANNUAL PU 09/19/2014 09/19/2014 415.61 801-42-2210-404 09/14 KIRVIDA Fl 110300 4221 1 Invoi 2001 FREIGHTLINE ANNUAL PU 09/19/2014 09/19/2014 967.16 801-42-2210-404 09/14 KIRVIDA Fl 110300 4222 1 Invoi 1995 FREIGHTLINER ANNUAL P 09/19/2014 09/19/2014 317.84 801-42-2210-404 09/14 KIRVIDA Fl 110300 4223 1 Invoi 1991 FREIGHTLINER PUMP TES 09/19/2014 09/19/2014 1,104.13 801-42-2210-404 09/14 KIRVIDA Fl 110300 4224 1 Invoi 1991 FORD TANKER PUMP TES 09/19/2014 09/19/2014 321.00 801-42-2210-404 09/14 Total 110300 KIRVIDA FIRE, INC: 3,125.74 130840 MFSCB MFSCB 130840 2864 1 Invoi HAZ MAT OPER CERTIFICATIO 09/19/2014 09/19/2014 450.00 801-42-2210-331 09/14 Total 130840 MFSCB: 450.00 160050 PAETEC PAETEC 160050 57661454 1 Invoi PHONES STATION 2 09/19/2014 09/19/2014 159.63 801-42-2210-321 09/14 Total 160050 PAETEC: 159.63 160150 PEARSON EDUCATION, INC PEARSON 160150 BK736395 1 Invoi EMS TRAINING WORKBOOKS 09/19/2014 09/19/2014 4,610.67 801-42-2240-331 09/14 Total 160150 PEARSON EDUCATION, INC: 4,610.67 CENTENNIAL FIRE DISTRICT Invoice Register - Edit Report Page: 2 Input Dates: 9/3/2014 - 9/19/2014 Sep 19, 2014 11:41AM Name Vendor Number Invoice Seq Type Description Invoice Date Payment Due Date Total Cost GL Account GL Period 160160 KATHY PEIL KATHY PEI 160160 091914 1 Invoi JULY/AUG CELL PHONE STIPE 09/19/2014 09/19/2014 100.00 801-42-2210-321 09/14 Total 160160 KATHY PEIL: 100.00 160493 PREMIUM WATERS, INC PREMIUM 160493 625346-08 1 lnvoi BOTTLES WATER 09/19/2014 09/19/2014 11.14 801-42-2210-201 09/14 Total 160493 PREMIUM WATERS, INC: 11.14 180600 CITY OF ROSEVILLE CITY OF R 180600 0219170 1 Invoi SEPT JPA MIS 09/19/2014 09/19/2014 988.00 801-42-2210-320 09/14 CITY OF R 180600 0219194 1 Invoi SEPT PHONE 09/19/2014 09/19/2014 11.48- 801-21800 09/14 CITY OF R 180600 0219194 2 Invoi SEPT PHONE 09/19/2014 09/19/2014 178.48 801-42-2210-321 09/14 Total 180600 CITY OF ROSEVILLE: 1,155.00 220200 VERIZON WIRELESS VERIZON 220200 97315334 1 lnvoi COMMUNICATIONS 09/19/2014 09/19/2014 284.68 801-42-2210-321 09/14 Total 220200 VERIZON WIRELESS: 284.68 240100 XCEL ENERGY XCEL ENE 240100 091914 1 Invoi STATION 2 ELECTRIC 09/19/2014 09/19/2014 603.36 801-42-2210-380 09/14 Total 240100 XCEL ENERGY: 603.36 Total 09/19/2014: 14,700.10 9/19/2014 GL Period Summary GL Period Amount 09/14 14,700.10 Grand Totals: 14,700.10 Grand Totals: 14,700.10 Report GL Period Summary GL Period Amount 09/14 14,700.10 Grand Totals: 14,700.10 Vendor number hash: 2390280 Vendor number hash - split: 2631530 Total number of invoices: 22 Total number of transactions: 24 CENTENNIAL FIRE DISTRICT Invoice Register - Edit Report Page: 3 Input Dates: 9/3/2014 - 9/19/2014 Sep 19, 2014 11:41AM Terms Description Invoice Amount Discount Amount Net Invoice Amount Terms Description Invoice Amount Discount Amount Net Invoice Amount Open Terms 14,700.10 .00 14,700.10 Grand Totals: 14,700.10 .00 14,700.10 CITY COUNCIL WORK SESSION September 2, 2014 DRAFT l CITY OF LINO LAKES 2 MINUTES 3 4 DATE : September 2, 2014 5 TIME STARTED : 6:05 p.m. 6 TIME ENDED : 9:15 p.m. 7 MEMBERS PRESENT : Council Member Stoesz, Kusterman, 8 Rafferty, Roeser (arr. @ 6:15 pm) and 9 Mayor Reinert 10 MEMBERS ABSENT : None 11 12 13 Staff members present: City Administrator Jeff Karlson; Director Finance Al Rolek; 14 Director of Public Safety John Swenson; City Engineer Diane Hankee; City Planner Katie 15 Larsen; City Clerk Julie Bartell 16 17 la. Noise Complaints during Blue Heron Days- A resident of Lois Lane addressed the 18 council regarding noise from the annual Tavern on Main (formerly Miller's on Main) tent 19 event. He lives approximately 1.1 miles from the Tavern and experiences noise 20 problems. He feels there is no reason that he should experience noise problems at 11:00 21 or 12:00 at night. He has discussed the problem before with the city council. Mayor 22 Reinert remarked that it seems like the noise situation with the event varies from year to 23 year. The council has ordered (through the Police Department) noise monitoring in the 24 past and when that was done the measurements showed the noise within legal levels. The 25 mayor suggested that the council talk more about the matter and ensure that the city is 26 doing what it can and that the event stays within regulations. The Lois Lane resident 27 added that his main concern is about the "bass"; he feels that the sound person at the 28 concert is keeping that part of the sound too high. He just wants this to be a reasonable 29 situation. The mayor said that the council will have the matter on a future agenda and 30 will discuss the event and issues. 31 32 1. Sign Ordinance Amendment - City Planner Larsen reviewed the written staff report. 33 The council, city staff and the Planning and Zoning Board have been working on review 34 of the city's sign regulations for two years. Staff put together an ordinance including 35 changes to those regulations and the Planning and Zoning Board has discussed the 36 changes, received public comments through a hearing process and sent forward the 37 changes as drafted for council consideration. Ms. Larsen explained that the staff report 38 lays out the key areas of change. To respond to requests from area businesses for more 39 flexibility on the display of temporary advertising signs, staff proposes allowing display 40 of signs for up to 90 days annually, with a 30 -day limit on days in a row. In reviewing the 41 proposed changes, she noted that governmental flags would no longer be subject to any 42 sign regulation. 43 44 The council discussed possible impacts of the proposed changes. Staff will review the 45 council's comments and bring an ordinance forward for council consideration. CITY COUNCIL WORK SESSION September 2, 2014 DRAFT 46 2. Taproom Sunday Sales - City Clerk Bartell explained that the State Legislature 47 changed liquor regulations this past session to allow brewery taprooms to remain open on 48 Sunday with local approval. The City has one taproom, Hammerheart Brewery, and they 49 have come forward requesting permission to sell on Sundays. In order to allow such a 50 change in the city, an ordinance amending the city's liquor regulations in the City Code 51 would be required. 52 53 The council discussed the success of the local brewery, how the state regulates sales 54 hours, the selling of food at the taproom and asked if staff is aware of any concerns 55 relative to a license extension such as this. Public Safety Director Swenson said he 56 wouldn't have any special concern about this change; the hours and days would be 57 consistent with the other licensed establishments in the city. City Clerk Bartell noted 58 that her research didn't indicate other cities having concern about this type of change to 59 their liquor code. 60 61 Staff will prepare an appropriate ordinance amendment for first reading at the next 62 regular council meeting. 63 64 3. 2015 Budget Discussion — Finance Director Rolek distributed his most recent 65 information on the city's 2015 budget discussions/gap analysis. He reviewed updated 66 information in the area of the fire department and health insurance costs. The council 67 discussion included: 68 - The mayor is comfortable with including the estimated start-up costs for the fire 69 department but he wants to drill down on everything else; 70 - Revenue from the former ECFE site in the city complex be shown as revenue even if it's 71 dedicated for facility management; 72 - Cellular lease revenue and previous discussion about selling leasing rights; 73 - The current level of the city's fund reserves; 74 - A full accounting of the city's revenue is requested; 75 - North Metro Telecommunications funding; where will those funds available for 76 technical upgrades be recognized; 77 - Water and sewer infrastructure and depreciation was reviewed. 78 79 Public Safety Director Swenson was asked to give an update on public safety personnel. 80 He distributed and reviewed information on the average cost per call for medical/rescue 81 for the Centennial Fire District in 2012 and 2013. He also discussed the duty officer 82 model and the engagement of city personnel for firefighting duties that is possible for the 83 Lino Lakes Public Safety Department. When the mayor asked if there would be an option 84 to have new personnel go on calls soon, the Police Chief said that would be positive for 85 trained personnel. Training would occur as soon as possible and, in the case of police 86 personnel that chose to participate, he promises there would be no reduction in police 87 coverage as a result. The hiring of new personnel will take some time but they should be 88 hired, trained and in place by January of 2016. 89 2 CITY COUNCIL WORK SESSION September 2, 2014 DRAFT 90 The council discussed a preliminary tax rate, including impacts that would move the 91 budget gap up or down. A maximum rate must be set at the council meeting. 92 93 Review Regular Agenda of September 8, 2014 — the agenda was reviewed. The matter 94 of a new liquor license was moved from the consent agenda for discussion. 95 96 97 The meeting was adjourned at 9:15 p.m. 98 99 These minutes were considered, corrected and approved at the regular Council meeting held on 100 September 22, 2014. 101 102 103 104 105 Julianne Bartell, City Clerk Jeff Reinert, Mayor 106 3 COUNCIL MINUTES September 8, 2014 DRAFT 1 CITY OF LINO LAKES 2 MINUTES 3 4 DATE : September 8, 2014 5 TIME STARTED : 6:35 p.m. 6 TIME ENDED : 7:55 p.m. 7 MEMBERS PRESENT : Council Member Stoesz, Kusterman, Rafferty, 8 Roeser, and Mayor Reinert 9 MEMBERS ABSENT : none 10 11 Staff members present: City Administrator Jeff Karlson; Community Development Director Michael 12 Grochala; Public Safety Director John Swenson; Public Safety Director Al Rolek; and City Clerk 13 Julie Bartell 14 15 PUBLIC COMMENT 16 17 No one was present to address the council regarding a matter not on the agenda. 18 19 SETTING THE AGENDA 20 21 The agenda was approved as presented. 22 23 SPECIAL CEREMONY 24 25 Mayor Reinert administered the Oath of Police Service to newly hired Lino Lakes Police Officer 26 Kristin Wills. 27 28 Public Safety Director Swenson recognized the promotion of Officer Chad Schirmers to the position 29 of Police Sergeant. 30 31 SPECIAL PRESENTATION 32 33 Mayor Reinert read a Proclamation declaring the week of September 17 through September 23, 2014 34 as Constitution Week in the City of Lino Lakes. Daughters of the American Revolution member and 35 Lino Lakes' resident Gail Lossing was present to receive the Proclamation and offer thanks to the 36 council. 37 38 CONSENT AGENDA 39 40 Council Member Rafferty moved to approve the Consent Agenda, Items lA through 1E, as presented. 41 Council Member Stoesz seconded the motion. Motion carried on a unanimous voice vote. 42 43 44 45 ITEM ACTION 1 COUNCIL MINUTES September 8, 2014 DRAFT 46 47 Consideration of Expenditures: 48 49 September 8, 2014 (Check No. 98718 98784, 50 $375,360.40) Approved 51 52 Centennial Fire District (Check No. 6544 - 6548, 53 $2,934.99) Approved 54 55 August 25, 2014 Council Work Session Minutes Approved 56 57 August 25, 2014 Council Meeting Minutes Approved 58 59 August 25, 2014 Closed Council Meeting Minutes Approved 60 61 Resolution No. 14-103, Peddler License for 62 Customer Remodelers, Inc. Approved 63 64 FINANCE DEPARTMENT REPORT 65 66 2A) Resolution No. 14-97, Adopting Preliminary 2014/2015 Property Tax Levy — Finance 67 Director Rolek noted that the council is required to set a preliminary tax levy each year at this time. 68 The council has had several discussions on the 2015 budget to this point. He reviewed new items 69 included in the budget at the present, including some start-up costs for the fire department, new 70 positions, and a debt service levy for the voter approved signal projects at Lake Dr/Main St and Ware 71 Rd/Birch St. He noted the proposed tax rate and the resulting preliminary levy amount. 72 73 The mayor acknowledged those items that are new in the proposed budget. The new staff is necessary 74 due to the numerous cuts that have occurred in recent years. There are new costs related to starting a 75 fire division but that is an investment in the future. He noted that the action this evening would 76 approve a preliminary levy only and he fully anticipates more discussion and drill down that will most 77 likely bring that figure down. Council Member Rafferty acknowledged that the council needs to 78 continue discussing the budget. Council Member Roeser noted that the city is growing and the 79 council must plan for that growth in population; that being said, the proposed levy is still a reduction 80 from last year's amount and he is ever ready to sharpen the pencil for the final levy approval. 81 Council Member Kusterman also noted that this is the upper limit and he expects the council will 82 lower it; if increases are needed in any area to properly run a growing city, he is prepared to approve 83 that. Council Member Stoesz remarked that for the budget proposed, the city will be run top notch 84 and he would like to maintain that quality but aim at a lower number. Mayor Reinert noted his 85 interest in more council review of areas such as the city's reserve funds. Finance Director Rolek 86 briefly reviewed some reserve areas: fund balance reserves for the city's enterprise funds are required 87 for operation of those enterprises as well as coverage of maintenance and replacement needs; 88 construction fund reserves are generally bond proceeds that are used during the course of projects; 89 debt service fund reserves are used to make payments on the debt to which they are dedicated; 90 Municipal State Aid (MSA) fund reserve is money received in advance from the state but that is 2 COUNCIL MINUTES September 8, 2014 DRAFT 91 dedicated to future road work. Mayor Reinert acknowledged that fund reserves help the city 92 maintain its excellent bond rating. 93 94 Council Member Roeser moved to approve the Preliminary 2014/1015 Property Tax Levy as 95 presented. Council Member Kusterman seconded the motion. Motion carried; Council Member 96 Rafferty and Stoesz voted no. 97 98 2B) Resolution No. 14-98, Setting the Date for the Public Hearing for the Proposed 2015 99 Operating Budget and 2014 Tax Levy Collectable in 2015 — Finance Director Rolek noted that the 100 resolution would set the city's public hearing date for the budget, as is required by state law. 101 102 Council Member Roeser moved to approve Resolution No. 14-98 as presented. Council Member 103 Kusterman seconded the motion. Motion carried on a unanimous voice vote. 104 105 2C) Resolution No. 14-99, Canceling the 2104/15 Debt Service Tax Levy for G.O. Tax 106 Increment Financing Bond Series 2007A — Finance Officer Rolek explained that the resolution 107 recommends cancellation of a debt service tax levy for certain 2007 bond debt service. The levy is a 108 back-up that is not needed for payment of debt service. 109 110 Council Member Roeser moved to approve Resolution No. 14-99 as presented. Council Member 111 Kusterman seconded the motion. Motion carried on a unanimous voice vote. 112 113 2D) Resolution No. 14-100, Canceling the 2014/15 Debt Service Tax Levy for G.O. 114 Improvement Bond Series 2013A - Finance Officer Rolek explained that, similar to the previous 115 item, the resolution recommends cancellation of a debt service tax levy for certain bond debt service. 116 The levy is a back-up that is not needed for payment of debt service 117 118 Council Member Roeser moved to approve Resolution No. 14-100 as presented. Council Member 119 Kusterman seconded the motion. Motion carried on a unanimous voice vote. 120 121 ADMINISTRATION DEPARTMENT REPORT 122 123 3A) Resolution No. 14-102, Approving an On -Sale Liquor and Special Sunday Sales License 124 for Paleos Restaurant — City Clerk Bartell explained that Paleo's Restaurant is planning to open at 125 the former Red Oak site in Lino Lakes. The owners have applied for an on -sale liquor license with 126 Sunday Sales. Staff has completed an application review process and is recommending approval of 127 the licensing request. The City Clerk introduced the applicants, John and Elizabeth Pavlick, who 128 explained their restaurant plans and target date for opening. 129 130 Council Member Rafferty moved to approve Resolution No. 14-102 as presented. Council Member 131 Stoesz seconded the motion. Motion carried on a unanimous voice vote. 132 133 3B) Pt Reading of Ordinance No. 08-14, Amending Chapter 701 of the Lino Lakes Code of 134 Ordinances, allowing Sunday Sales at licensed brewery taproom facilities — City Clerk Bartell 135 explained that the State Legislature changed liquor regulations this past session to allow brewery 3 COUNCIL MINUTES September 8, 2014 DRAFT 136 taprooms to remain open on Sunday with local approval. The City has one taproom, Hammerheart 137 Brewery, and they have come forward requesting permission to sell on Sundays. Based on the 138 council's review of this matter at their work session, an ordinance to allow such a change in the city 139 code is being presented for first reading. The council asked questions about the city fee for a Sunday 140 license, the ability to sell growlers on Sunday and how Sunday authorization is allowed in this city. 141 142 Councl Member Roeser moved to approve the 1st Reading of Ordinance No. 08-14 as presented. 143 Council Member Rafferty seconded the motion. Motion carried on a unanimous voice vote. 144 145 PUBLIC SAFETY DEPARTMENT REPORT 146 147 4A) Additional Compensation for City Staff Trained in Fire Operations — Public Safety 148 Director Swenson reviewed his written report outlining the stipend that would be made available to 149 City employees who become certified as City firefighters. The mayor suggested this will be a good 150 option for employees and the city; it is part of the plan that is bringing together a fire department that 151 will provide excellent service to the citizens. Council Member Stoesz clarified that the Deputy of 152 Fire Operations would not be eligible for the stipend. Council Member Rafferty clarified that this 153 would be an option for all city employees, not just personnel within the Public Safety Department. 154 Council Member Roeser congratulated Director Swenson on engaging city staff for this important 155 service. 156 157 Council Member Roeser moved to approval of the additional compensation plan as proposed. 158 Council Member Kusterman seconded the motion. Motion carried on a unanimous voice vote. 159 160 4B) Public Safety Department Update — Chief Swenson reviewed his written update on the 161 ongoing process of integrating fire services into the city's Public Safety Department. He reviewed 162 the status of recruiting for the position of Deputy of Fire Services and for paid on-call firefighters. 163 Training for new personnel will be offered through Century College. The site for the new fire station 164 has been identified, soil testing for that site has come back very favorably and completion of that 165 station is anticipated by December 2015. On August 26, staff and some elected officials toured four 166 fire stations to assist with the station design process. He explained the detailed analysis done on calls 167 for service data in Lino Lakes in the past two years. Conversations have occurred with North 168 Memorial Medical Services, the ambulance provider for the city, to determine the appropriate medical 169 response protocol for calls in Lino Lakes in the future, with no reduction in medical services. He 170 explained a fire duty officer model that is used in other cities and could be used here to respond to fire 171 alarms. The information he is presenting will be available on the city's website and he is available to 172 answer calls/questions. Mayor Reinert noted that more and more information is being put together 173 and that is helpful. 174 175 PUBLIC SERVICES DEPARTMENT REPORT 176 177 There was no report from the Public Services Department. 178 179 180 4 COUNCIL MINUTES September 8, 2014 DRAFT 181 COMMUNITY DEVELOPMENT DEPARTMENT REPORT 182 183 6A) Talan Ridge: i. Resolution No. 14-95, Approving Final Plat; 184 ii. Resolution No. 14-96, Approving Development Contract 185 186 City Planner Larsen reviewed a map showing the project location and site. The project involves the 187 subdivision of the property at 260 Linda Avenue to add two homes. The project has been reviewed 188 and meets conditions and criteria for a subdivision to move forward. 189 190 Council Member Stoesz recalled that there were concerns brought forward by area residents about 191 storm water management. City Engineer Hankee explained that she has met with the area residents 192 and explained the project plans to manage water. A ditch is planned that will relieve some of the 193 existing issues. The mayor recalled that when the residents came to the council previously, they 194 were assured that the city has reviewed the water situation and will take responsibility for 195 recommendations that have been made. 196 197 Council Member Kusterman moved to approve Resolution No. 14-95 and Resolution No. 14-96 as 198 presented. Council Member Roeser seconded the motion. Motion carried on a unanimous voice 199 vote. 200 201 6B) NorthPointe: i. Resolution No. 14-101, Approving Plans and Specifications and 202 Authorizing Advertisement for Bids for the NorthPointe Roadway and Utility Improvement 203 Project — City Engineer Hankee reviewed her report outlining the project. The project developer is 204 requesting these plans and specifications and is waiving the assessment process to accept the project 205 expenses for assessment to the benefiting properties. She reviewed the project schedule with 206 construction beginning in October of this year. 207 208 Council Member Roeser moved to approve Resolution No. 14-101 as presented. Council Member 209 Kusterman seconded the motion. Motion carried on a unanimous voice vote. 210 211 UNFINISHED BUSINESS 212 213 There was no Unfinished Business. 214 215 NEW BUSINESS 216 217 There was no New Business. 218 219 COMMUNITY EVENTS 220 221 YMCA FARMER'S MARKET will be held at Legacy and Woods Edge (across from Chain of Lakes 222 YMCA) Thursday, September 11 from 3:00 p.m. to 7:00 p.m. 223 224 FREE! NFL PEPSI PUNT, PASS & KICK COMPETITION will be held Sunday, September 14 225 beginning at 9:30 a.m. and competition from 10 a.m. — 11:15 a.m. at Sunrise Park, Field 2. For more 5 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 COUNCIL MINUTES September 8, 2014 DRAFT information visit Parks and Recreation website at www.ci.lino-lakes.mn.us or contact Brian at 651- 982-2446. Volunteers are needed for this event. MONTHLY RECYCLE DAY will be held at Lino Park (7850 Lake Drive) on Saturday, September 20 from 10:00 a.m. to 2:00 p.m. See city website for a list of accepted items. ST. JOSEPH'S CHURCH, ANNUAL PHEASANT FEED will be held at St. Joseph's Church (171 Elm Street) on Saturday, September 20 from 10:00 a.m. to 2:00 p.m. Contact 651-784-3015 for more information. COMMUNITY CALENDAR (DATES): Community Calendar — A Look Ahead September 8, 2014 through September 22, 2014 44- Monday, September 8 6:30 pm, Birch Park Park Board - Monday, September 10 6:30 pm, Community Room Planning & Zoning - Thursday, September 18 8:00 am, Community Room EDAC 41- Monday, September 22 6:00 pm, Community Room Council Work Session Monday, September 22 6:30 pm, Council Chambers City Council Meeting ADJOURN There being no further business, Council Member Roeser moved to adjourn at 7:55 p.m. Council Member Kusterman seconded the motion. Motion carried unanimously. These minutes were considered and approved at the regular Council Meeting, September 22, 2014. Julianne Bartell, City Clerk Jeff Reinert, Mayor 6 CITY COUNCIL WORK SESSION September 8, 2014 DRAFT DATE TIME STARTED TIME ENDED MEMBERS PRESENT MEMBERS ABSENT CITY OF LINO LAKES MINUTES : September 8, 2014 . 6:00 p.m. . 6:30 p.m. : Council Member Stoesz, Kusterman, Rafferty, Roeser and Mayor Reinert : None Staff members present: City Administrator Jeff Karlson; Community Development Director Michael Grochala; Finance Director Al Rolek; Public Safety Director John Swenson; City Clerk Julie Bartell 1. 2015 Budget — Finance Officer Rolek distributed an updated budget summary and reviewed changes since the council last review. Mayor Reinert asked about city reserve funds; there is a large balance and he wonders if the city is losing value to inflation by holding those funds. Finance Officer Rolek discussed the city's options for holding reserves, including fund investments and the types of investment that are allowed for municipal funds. The council discussed how investment decisions are determined, the typical type of investment and the average investment gain. Mr. Rolek explained that cities don't have the ability to regenerate those funds quickly when they are needed and that could result in borrowing at a cost. Mayor Reinert said he is calling for further discussion about city funds in reserve. Administrator Karlson reviewed budget reductions since the last council review. Within the new fire department, consulting funds have been reduced and incentives not being taken could result in savings. Regarding the new Assistant City Administrator position, he is suggesting that the city wait four to six months to hire and that would realize savings. Council Member Rafferty wondered what consulting is still needed related to the fire department, and one area suggested was fire pensions. The council discussed the preliminary tax rate. They will set a preliminary figure this evening but fully anticipate further drill down before the final levy is set in December. The meeting was adjourned at 6:30 p.m. These minutes were considered, corrected and approved at the regular Council meeting held on September 22, 2014. Julianne Bartell, City Clerk Jeff Reinert, Mayor 1 CITY COUNCIL AGENDA ITEM 2A STAFF ORIGINATOR Al Rolek MEETING DATE September 22, 2014 TOPIC Consideration of Resolution 14-107 Providing for the Issuance and Sale of Approximately $2,645,000 General Obligation Improvement Bonds, Series 2014A VOTE REQUIRED 3/5 INTRODUCTION Earlier this year the City Council awarded a bid to construct the 21St Avenue Extension project. In addition, the City has been petitioned by the developer to construct street and utility improvements in the Northpointe development. The City will also be constructing Well #6 and well house improvements. These projects will all be undertaken in the Summer/Fall, 2014 and Spring 2015 timeframe and require the issuance of debt to finance the construction of the improvements. BACKGROUND In March of this year the City Council awarded a bid to construct the extension of 21' Avenue north of CSAH 14. The owners of the properties north of CSAH 14 had petitioned the City for the improvements to make it possible to develop a Metro Transit Park and Ride. The cost of the project is to be assessed to the benefitting parcels. Additionally, the City has been petitioned by the developer of the Northpointe development to construct street and utility improvements within that development, the costs of which will be assessed against benefitted parcels. The City will also undertake a project to construct City Well # 6 and Well house during the next several months. In order to finance these projects the City will need to issue general obligation bonds. Our financial advisor, Springsted, Inc. has issued their recommendation for the issuance of $2,645,000 General Obligation Improvement and Utility Revenue Bonds Series 2014A for consideration by the City Council. Resolution 14-107 would provide for the issuance and sale of this issue. If approved, bids would be received on October 27, 2014, with consideration for award of sale by the City Council at its meeting the same day. The Series 2014A issue will be repaid over 10 years from proceeds of special assessments levied against benefitted parcels and through the Area and Unit Trunk fund. RECOMMENDATION Staff recommendation is for the City Council to approve Resolution 14-107 providing for the issuance of $2,645,000 General Obligation Improvement Bonds Series 2014A. ATTACHMENTS Springsted's Recommendations for the Issuance of Bonds Resolution 14-107. City of Lino Lakes, Minnesota Recommendations for Issuance of Bonds $2,645,000 General Obligation Bonds, Series 2014A The Council has under consideration the issuance of bonds to (i) fund various street, utility and sidewalk/trail improvements within the City (the "Improvement Portion") and (ii) fund a new well and well house (the "Utility Portion"). This document provides information relative to the proposed issuance. KEY EVENTS: The following summary schedule includes the timing of some of the key events that will occur relative to the bond issuance. RATING: September 22, 2014 Week of October 20, 2014 October 27, 2014, 10:30 a.m. October 27, 2014, 6:30 p.m. November 20, 2014 Council sets sale date and terms Rating conference is conducted Competitive proposals are received Council considers award of Bonds Proceeds are received The City's general obligation debt is currently rated "Aa2" by Moody's Investors Service. The City is currently determining if they will apply to Moody's or Standard & Poor's Ratings Services for a credit rating on the Bonds. THE MARKET: Performance of the tax-exempt market is often measured by the Bond Buyer's Index ("BBI") which measures the yield of high grade municipal bonds in the 20th year for general obligation bonds (the BBI 20 Bond Index) and the 30th year for revenue bonds (the BBI 25 Bond Index). The following chart illustrates these two indices over the past five years. BBI 25 -bond (Revenue) and 20 -bond (G.0.) Rates for 5 Years Ending 9/11/2014 6.5% 6.0% 5.5% d 50% 4.5% 4.0% 3.5% 3.0% Springsted q� ti� ^ ^ N � NY. N.O NCO NZ, A fl ^1ti0 ��Ct� NY- 4. Y- g 1cp. c ----581 25 Bond -BBI 20 Bond Dates Prepared by sprrngsted Incorporated 5/1112014 25 band: 4.56% 20 band: 4.14% IA I --'I A ''~..�i ii + t 9.r h q� ti� ^ ^ N � NY. N.O NCO NZ, A fl ^1ti0 ��Ct� NY- 4. Y- g 1cp. c ----581 25 Bond -BBI 20 Bond Dates Prepared by sprrngsted Incorporated POST ISSUANCE COMPLIANCE: SCHEDULES ATTACHED: SALE TERMS AND MARKETING: RISKSISPECIAL CONSIDERATIONS: SUPPLEMENTAL INFORMATION AND BOND RECORD: The issuance of the Bonds will result in post -issuance compliance responsibilities. The responsibilities lie in two primary areas: i) compliance with federal arbitrage requirements and ii) compliance with secondary disclosure requirements. Federal arbitrage requirements include a wide range of implications that have been taken into account as your issue has been structured. Post -issuance compliance responsibilities for your tax-exempt issue include both rebate and yield restriction provisions of the IRS Code. In general terms the arbitrage requirements control the earnings on unexpended bond proceeds, including investment earnings, moneys held for debt service payments (which are considered to be proceeds under the IRS regulations), and/or reserves. There is an exception to rebate for a municipality that issues $5 million or less of tax-exempt obligations in a calendar year. The City expects to qualify as a small issuer for 2014; therefore, the Bonds will be exempt from rebate. Yield restriction provisions will apply to the debt service fund and any project proceeds unspent after three years under certain conditions and the funds should be monitored throughout the life of the Bonds. Secondary disclosure requirements result from an SEC requirement that underwriters provide ongoing disclosure information to investors. To meet this requirement, any prospective underwriter will require the City to commit to providing the information needed to comply under a continuing disclosure agreement. Springsted currently provides arbitrage and continuing disclosure compliance services to the City under separate contracts. Contract amendments adding the Bonds will be provided to the City. The following schedules are attached: • Sources and uses of funds • Debt service schedules for the Bonds as a whole, and by purpose • Projected assessment collections • Aggregate debt service payable from the City's water utility Variability of Issue Size: A specific provision in the sale terms permits modifications to the issue size and/or maturity structure to customize the issue once the price and interest rates are set on the day of sale. Prepayment Provisions: Bonds maturing on or after February 1, 2024 may be prepaid at a price of par plus accrued interest on or after February 1, 2023. Bank Qualification: The City does not expect to issue more than $10 million in tax-exempt obligations that count against the $10 million limit for 2014; therefore, the Bonds are designated as bank qualified. The outcome of this financing will rely on the market conditions at the time of the sale. Any projections included herein are estimates based on current market conditions. Supplementary information will be available to staff including detailed terms and conditions of sale, comprehensive structuring schedules and information to assist in meeting post - issuance compliance responsibilities. Upon completion of the financing, a bond record will be provided that contains pertinent documents and final debt service calculations for the transaction. Springsted Page 2 $1,510,000 Improvement Portion Description of Purpose PURPOSE: AUTHORITY: SECURITY AND SOURCE OF PAYMENT: Proceeds of the Improvement Portion plus other cash sources of funds totaling $818,207, will be used to finance (i) an extension of 21st Avenue north of Main Street, including signal improvements and the extension of utilities (water, sewer and stormwater) and trails, and (ii) infrastructure improvements to Northpointe, including paving of Cedar Street from CSAH 54, construction of 21st Avenue and Palm Street and the installation of utilities (water, sewer and stormwater) and sidewalks. Statutory Authority: The Improvement Portion of the Bonds is being issued pursuant to Minnesota Statutes, Chapters 475 and 429 and the City's home rule charter (the "City Charter"). Federal Considerations: Federal regulations permit cities to issue tax exempt bonds secured by special assessments only if the assessment procedures meet certain criteria. One of those criteria is that owners of business and non -business property must be required to pay assessments on an equal basis. The City Charter provision that applies in this area permits owners of certain residential property to "opt out" of being assessed, which does not meet the "equal basis" requirement. However, in the areas being assessed, no residential properties qualify for the "opt out" provision. The projects being financed by the Improvement Portion of the Bonds are 100% assessed against benefitted properties and all properties are being treated equitably for purposes of assessing. Therefore, the Bonds meet the requirements for tax exemption under federal tax law. The Improvement Portion will be a general obligation of the City for which the City pledges its full faith and credit and power to levy general ad valorem taxes. The projects being financed by the Improvement Portion are being 100% assessed. A general ad valorem tax levy is not expected to be required. Assessments are expected to be filed on or about October 1, 2015 for collection beginning in 2016. The total principal amount of the assessments for 21st Avenue is $340,000 and $1,170,000 for Northpointe (any adjustment to the principal amount of the Bonds on the day of sale will not change the principal amount of the assessments). Assessments have been structured with level annual payments over a term of 10 years for the 21st Avenue project and five years for Northpointe. The interest charged on the unpaid balance of the assessments will be 2.0% over the true interest cost (rate) of the each project's respective portion of the Bonds. For structuring purposes, we have assumed a rate of 4.21% on the 10 -year 21st Avenue assessments and 3.66% on the five-year Northpointe assessments. Interest due through and including February 1, 2016 will be paid with capitalized interest included in the principal amount of the Improvement Portion of the Bonds. Beginning with the August 1, 2016 interest payment, special assessments will be used to make the August 1 interest payment due in the collection year and the February 1 principal and interest payment due in the following year. STRUCTURING The 21st Avenue project has been structured to be repaid over a term of eleven years SUMMARY: (10 years of principal) and the Northpointe project has been structured to be repaid over a term of six years (5 years of principal). Principal payments on both projects are structured around the projected assessment income to achieve an approximately uniform surplus of assessment collections over the debt service payments. Springsted Page 3 $1,135,000 Utility Portion Description of Purpose PURPOSE: AUTHORITY: Proceeds of the Utility Portion are being used to finance construction of a well and well house. Statutory Authority: The Utility Portion of the Bonds is being issued pursuant to Minnesota Statutes, Chapters 475 and 444. Statutory Requirements: Minnesota Statutes, Chapter 444 requires that the City covenant to maintain water rates and charges in an amount sufficient to generate revenues to support the operation of the water utility and to pay debt service. The City is required to annually review the budget of the water utility to determine whether current rates and charges are sufficient and to adjust them as necessary. SECURITY AND The Utility Portion will be a general obligation of the City for which the City pledges its full SOURCE OF faith and credit and power to levy general ad valorem taxes. The Utility Portion is expected PAYMENT: to be repaid entirely from net revenues of the City's water utility. STRUCTURING The Utility Portion of the Bonds has been structured over a term of 10 years with level SUMMARY: annual payments of principal and interest. The City has two outstanding general obligation bond issues to which net revenues of the City's water utility are pledged: • General Obligation Utility Revenue Bonds, Series 2006D (final maturity February 1, 2017) • General Obligation Improvement and Utility Revenue Bonds, Series 2010A (final maturity February 1, 2020); only a portion of this issue is paid from the water utility The projected maximum annual debt service payable from net revenues of the water utility, including the Utility Portion of the Bonds, is projected to be approximately $262,642. The table below shows the City's Water Fund net revenues available for debt service for the fiscal year ending 2013. The 2013 net revenues of the Water Fund are greater than the annual debt service payable from the City's water utility. Operating Revenues Operating Expenses Add Back: Depreciation Add: Investment Earnings $1,208,742 (927,800) 416,468 43.075 Net Revenues Available for Debt Service $740,485 Springsted Page 4 $2,645,000 City of Lino Lakes, Minnesota General Obligation Bonds, Series 2014A Total Issue Sources And Uses Dated 11/15/2014 I Delivered 11/15/2014 Sources Of Funds Par Amount of Bonds Met Transit Cash Centervlle Cash Trunk Utility Cash Total Sources Uses Of Funds Deposit to Project Construction Fund Costs of Issuance Total Underwriter's Discount (1.000%) Deposit to Capitalized Interest (CIF) Fund Rounding Amount Total Uses 2014A GO Bonds Issue Summary19/10/2014 4:44 PM Improvement Portion Utility Portion Issue Summary 21st Ave Northpointe Project Project Well and Well House $340,000.00 $1,170,000.00 $1,135,000.00 $2,645,000.00 371,995.00 - - 371,995.00 345,512.00 - - 345,512.00 100,700.00 - - 100,700.00 $1,158,207.00 $1,170,000.00 $1,135,000.00 $3,463,207.00 1,138,204.00 1,120,000.00 1,100,000.00 3,358,204.00 6,459.37 22,227.78 21,562.85 50,250.00 3,400.00 11,700.00 11,350.00 26,450.00 7,521.00 18,357.42 - 25,878.42 2,622.63 (2,285.20) 2,087.15 2,424.58 $1,158,207.00 $1,170,000.00 $1,135,000.00 $3,463,207.00 Springsted Page 5 O 0 • N a) (n C _ ui a) 14.5') o • m co — I 0 GIS} 0 co �_ a) J -a 4-0 O Trl U ♦°C) V NET DEBT SERVICE SCHEDULE a a 0 I- C 0 O. 0 U �a 0. C_ a) its M M M N N- C) Cn CO CO 0 Ll) O LO O N 4. CO 6) N CO CO 4 O (.6 O V V O O Cn O (` CO co O) V co co CO O O M O N CO CO O C) N V CO N- N (-6 V Cn Cb 00 M C0 CA M M L co co 6) co M CO O r` co co O 6) M O CO co [xi O) M Cn O N tO U V 0 M CC) A- CO CO N CO CO C3) 4 A- V CO V' M N O V N- 6) N cf M CO CD CO CO CO CD N CO C) 0 0 0 0 0 N- 0 0 N- 0 V V V V V N N N N N CO (O (fl (O CO 6) 6) C7) 6) 6) CO CO co CO CO co co co co co t` N N- L 6 CC) Cn CC) C[) Cn N N N N N 00000 drvvvv M M M M M CO CC) 0 CC) CO Cf) CC) O C1) 0 0 Cn N C() N N N- r O N CC) C() O Cn N CC) O 6) r V O co CC) r CO 0 N 0 CO (` O CD CO r r Cn CO CT N- Cf)_ 0 N- CO- M 6) CO CO -N- N N (A CO N CON N CO N CO N- CO N. CO V V dr V V M 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6 Lri O CC) CO Ln CC) O (n O O M O M V O 6) N 6) M N N dr CC) (D N- CO CO CO CO C) CV 0 • 0 N 0 C) (D CO CO CO ▪ V V V V - N C%) N - Cb toN Cn 0 0 0 0 0 0 0 0 0 0 ✓ o 0 0 0 0 0 0 0 0 0 N- Ln O CCi Ln 'xi Cri O Ln O O - O co V O (S7 N CA CO • N CC) VD N- CO CD CO CO C) CO- CSO CO N 0 co(co CO (�D co - V V V V CC) 0 0 0 0 0 0 0 0 0 0 ✓ 0 0 0 0 0 0 0 0 0 0 N: Cn O Cn CC) Cf) CC) O C() O O - O M V O 6) N C)) M c- N V CC) O N CO CO CO CO C) CO 6) (0 N N V s- C6 d. co co C) N N A- A- 1 0 0 0 0 0 0 0 0 0 0 O 0000000000 O CO CC) 0 CC) O CC) C) 0 In 0 LO 0 CO CO C6 0 CO V CO O O 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 O 0 0 0 0 0 0 0 0 0 0 O O O o 0 o O 0 0 0 O 0 0 0 0 o o 0 o 0 0 Cri0000000C(S0C) O (- (` CO CO 6) ‘-• C) CO M • co co co co co Cn CO N - C0 6) 0 N M 7 Cn CO 0 0 0 0 0 0 0 0 0 0 0 0 N N N N N N N N N N N N 0 0 0 0 0 0 0 0 0 0 0 0 N N N N N N N N N N N N 0 0 0 0 0 0 0 0 0 0 0 0 $1,740,892.52 $1,326,075.48 - $246,067.45 $2,891,067.45 (25,878.42) $2,865,189.03 $3,008,448.48 Total $2,645,000.00 Springsted SIGNIFICANT DATES v LO 0 0 0 N N N (n C1) 0 e- 00 a) asas oCD- -o a)..‘ 8 a)a)C13 131) L- a 0 it .> m Yield Statistics C) (a rn ON -- • 00 r• s N N- CO 1.9600793% '30 M CO CO O N.LID CO r N (n 0)`(o N- a) CO } CO C) N- N (ri Page 6 9/10/2014 4:44 PM 2014.4 GOBonds Is. $340,000 City of Lino Lakes, Minnesota General Obligation Bonds, Series 2014A Improvement Portion - 21st Ave Project NET DEBT SERVICE SCHEDULE Date Principal Coupon Interest Total P+I Capitalized Net New D/S 105% of Assessment Annual Interest Total Surplus 02/01/2015 - - - - - 02/01/2016 - 7,521.00 7,521.00 (7,521.00) - - 02/01/2017 30,000.00 0.750% 6,210.00 36,210.00 - 36,210.00 38,020.50 42,786.10 4,765.60 02/01/2018 30,000.00 1.050% 5,985.00 35,985.00 - 35,985.00 37,784.25 42,786.10 5,001.85 02/01/2019 35,000.00 1.300% 5,670.00 40,670.00 - 40,670.00 42,703.50 42,786.10 82.60 02/01/2020 35,000.00 1.550% 5,215.00 40,215.00 - 40,215.00 42,225.75 42,786.10 560.35 02/01/2021 35,000.00 1.800% 4,672.50 39,672.50 - 39,672.50 41,656.13 42,786.10 1,129.98 02/01/2022 35,000.00 2.050% 4,042.50 39,042.50 39,042.50 40,994.63 42,786.11 1,791.49 02/01/2023 35,000.00 2.150% 3,325.00 38,325.00 - 38,325.00 40,241.25 42,786.10 2,544.85 02/01/2024 35,000.00 2.300% 2,572.50 37,572.50 37,572.50 39,451.13 42,786.10 3,334.98 02/01/2025 35,000.00 2.450% 1,767.50 36,767.50 - 36,767.50 38,605.88 42,786.11 4,180.24 02/01/2026 35,000.00 2.600% 910.00 35,910.00 35,910.00 37,705.50 42,786.10 5,080.60 Total $340,000.00 - $47,891.00 $387,891.00 (7,521.00) $380,370.00 $399,388.50 $427,861.02 $28,472.52 SIGNIFICANT DATES Dated 11/15/2014 Delivery Date 11/15/2014 First Coupon Date 8/01/2015 Yield Statistics Bond Year Dollars $2,321.78 Average Life 6.829 Years Average Coupon 2.0626866% Net Interest Cost (NIC) 2.2091261% True Interest Cost (TIC) 2.2094766% Bond Yield for Arbitrage Purposes 1.7581698% All Inclusive Cost (AIC) 2.5183320% IRS Form 8038 Net Interest Cost 2.0626866% Weighted Average Maturity 6.829 Years 2014A GO Bonds Improvement Bond Portion 9/10/20/4 4:44 PM Springsted Page 7 $1,170,000 City of Lino Lakes, Minnesota General Obligation Bonds, Series 2014A Improvement Portion - Northpointe Project NET DEBT SERVICE SCHEDULE Date Principal Coupon Interest Total P+I Capitalized Net New D/S 105% of Total Assessment Annual Interest Surplus 02/01/2015 02/01/2016 - - 18,357.42 18,357.42 (18,357.42) - - - 02/01/2017 230,000.00 0.750% 15,157.50 245,157.50 245,157.50 257,415.38 262,606.30 5,190.92 02/01/2018 230,000.00 1.050% 13,432.50 243,432.50 243,432.50 255,604.13 262,606.30 7,002.18 02/01/2019 235,000.00 1.300% 11,017.50 246,017.50 246,017.50 258,318.38 262,606.30 4,287.93 02/01/2020 235,000.00 1.550% 7,962.50 242,962.50 242,962.50 255,110.63 262,606.30 7,495.68 02/01/2021 240,000.00 1.800% 4,320.00 244,320.00 244,320.00 256,536.00 262,606.30 6,070.30 Total $1,170,000.00 - $70,247.42 $1,240,247.42 (18,357.42) $1,221,890.00 $1,282,984.50 $1,313,031.50 $30,047.00 SIGNIFICANT DATES Dated 11/15/2014 Delivery Date 11/15/2014 First Coupon Date 8/01/2015 Yield Statistics Bond Year Dollars $4,952.00 Average Life 4.232 Years Average Coupon 1.4185666% Net Interest Cost (NIC) 1.6548348% True Interest Cost (TIC) 1.6610334% Bond Yield for Arbitrage Purposes 1.7581698% All Inclusive Cost (AIC) 2.1370035% IRS Form 8038 Net Interest Cost 1.4185666% Weighted Average Maturity 4.232 Years 2014A GO Bonds I Improvement Bond Portion 19/10/2014 I 4:44 PM Springsted Page 8 $1,135,000 City of Lino Lakes, Minnesota General Obligation Bonds, Series 2014A Utility Portion DEBT SERVICE SCHEDULE Date Principal Coupon Interest Total P+I 105% Levy 02/01/2015 - - 02/01/2016 105,000.00 0.500% 22,239.03 127,239.03 133,600.98 02/01/2017 110, 000.00 0.750% 17, 837.50 127, 837.50 134, 229.38 02/01/2018 110, 000.00 1.050% 17, 012.50 127, 012.50 133, 363.13 02/01/2019 110,000.00 1.300% 15,857.50 125,857.50 132,150.38 02/01/2020 110,000.00 1.550% 14,427.50 124,427.50 130,648.88 02/01/2021 115,000.00 1.800% 12,722.50 127,722.50 134,108.63 02/01/2022 115,000.00 2.050% 10,652.50 125,652.50 131,935.13 02/01/2023 115,000.00 2.150% 8,295.00 123,295.00 129,459.75 02/01/2024 120,000.00 2.300% 5,822.50 125,822.50 132,113.63 02/01/2025 125,000.00 2.450% 3,062.50 128,062.50 134,465.63 Total $1,135,000.00 $127,929.03 $1,262,929.03 $1,326,075.48 SIGNIFICANT DATES Dated 11/15/2014 Delivery Date 11/15/2014 First Coupon Date 8/01/2015 Yield Statistics Bond Year Dollars Average Life $6,629.61 5.841 Years Average Coupon 1.9296611% Net Interest Cost (NIC) 2.1008627% True Interest Cost (TIC) 2.1018609% Bond Yield for Arbitrage Purposes 1.7581698% All Inclusive Cost (A IC) 2.4590597% IRS Form 8038 Net Interest Cost 1.9296611% Weighted Average Maturity 5.841 Years 20144 GO Bonds Grility Revenue Bond Port 9/10/2014 4:44 PM Springsted Page 9 City of Lino Lakes, Minnesota General Obligation Bonds, Series 2014A Assessments - Improvement Portion Aggregate Assessments DATE 21st Ave Northpointe TOTAL Project Project 12/31/2016 42,786.10 262,606.30 305,392.40 12/31/2017 42,786.10 262,606.30 305,392.40 12/31/2018 42,786.10 262,606.30 305,392.40 12/31/2019 42,786.10 262,606.30 305,392.40 12/31/2020 42,786.10 262,606.30 305,392.40 12/31/2021 42,786.11 - 42,786.11 12/31/2022 42,786.10 - 42,786.10 12/31/2023 42,786.10 - 42,786.10 12/31/2024 42,786.11 42,786.11 12/31/2025 42,786.10 - 42,786.10 Total $427,861.02 $1,313,031.50 $1,740,892.52 Par Amounts Of Assessments 2014A 21st Ave Assessments 340,000.00 2014A Northpointe Assessments 1,170,000.00 TOTAL 1,510,000.00 Aggregate 9/10/2014 4:46 PM Springsted Page 10 City of Lino Lakes, Minnesota General Obligation Bonds, Series 2014A Utility Portion Aggregate Debt Service Paid from Water Utility Principal Collection 2006D 2010A 2014A Bonds - Total Debt Payment Year Bonds Bonds - Utility Portion Service Date Utility (Estimated) Portion 02/01/2015 2014 68,062.50 59,900.00 127,962.50 02/01/2016 2015 70,602.50 58,400.00 127,239.03 256,241.53 02/01/2017 2016 72,905.00 61,900.00 127,837.50 262,642.50 02/01/2018 2017 60,250.00 127,012.50 187,262.50 02/01/2019 2018 58,600.00 125,857.50 184,457.50 02/01/2020 2019 66,950.00 124,427.50 191,377.50 02/01/2021 2020 127,722.50 127,722.50 02/01/2022 2021 125,652.50 125,652.50 02/01/2023 2022 123,295.00 123,295.00 02/01/2024 2023 125,822.50 125,822.50 02/01/2025 2024 - 128,062.50 128,062.50 Total $211,570.00 $366,000.00 $1,262,929.03 $1,840,499.03 Par Amounts Of Selected Issues 2006A Bonds 195,000.00 2010A Bonds Utility Portion 330,000.00 2014A Bonds Utility Portion 1,135,000.00 TOTAL 1,660,000.00 Aggregate 9/16/2014 I 7:58 AM Springsted Page 11 Extract of Minutes of Meeting of the City Council of the City of Lino Lakes, Anoka County, Minnesota Pursuant to due call and notice thereof a regular meeting of the City Council of the City of Lino Lakes, Anoka County, Minnesota, was held at the City Hall in the City on Monday, September 22, 2014, commencing at 6:30 P.M. The following members of the Council were present: and the following were absent: *** Member introduced the following written resolution, the reading of which was dispensed with by unanimous consent, and moved its adoption: 449984v1 JAE LN140-113 RESOLUTION NO. 14-107 RESOLUTION PROVIDING FOR THE ISSUANCE AND SALE OF GENERAL OBLIGATION BONDS, SERIES 2014A, IN THE PROPOSED PRINCIPAL AMOUNT OF $2,645,000 BE IT RESOLVED By the City Council of the City of Lino Lakes, Anoka County, Minnesota (the "City") as follows: 1. Improvement Bonds. (a) Certain assessable public improvements, including the extension of sanitary sewer, water, storm sewer facilities and ponds, street, trail and signal improvements known as the 21St Avenue Improvements and the bituminous paving, sanitary sewer, water main, street, storm sewer, and sidewalk improvements known as the Northpointe Improvements (collectively, the "Assessable Improvements"), have been duly ordered pursuant to the provisions of the home rule charter of the City (the "City Charter") and Minnesota Statutes, Chapters 429 and 475, as amended (collectively, the "Improvement Act"). (b) The costs of the Assessable Improvements will be 100% assessed against the owners of benefitted properties. (c) The City has determined to issue its general obligation bonds in the proposed principal amount of $1,510,000 (the "Improvement Bonds"), pursuant to the City Charter and the Improvement Act, to provide financing for the Assessable Improvements. 2. Water Revenue Bonds. (a) The City engineer has recommended the construction of various improvements to the City's water system, including the construction of a new well and well house (the "Utility Improvements"), pursuant to Minnesota Statutes, Chapters 444 and 475, as amended (collectively, the "Utility Revenue Act"). (b) The City has determined to issue its general obligation bonds in the proposed principal amount of $1,135,000 (the "Water Revenue Bonds"), pursuant to the Utility Revenue Act, to provide financing for the Utility Improvements. 3. Sale of Bonds. (a) It is necessary and expedient to the sound financial management of the affairs of the City to issue its General Obligation Bonds, Series 2014A (the "Bonds"), in the proposed aggregate principal amount of $2,645,000, pursuant to the Improvement Act and the Utility Revenue Act (collectively, the "Act") to provide financing for the Assessable Improvements and the Utility Improvements. The Bonds will be issued, sold, and delivered in accordance with the Terms of Proposal attached hereto as EXHIBIT A (the "Terms of Proposal"). (b) The City is authorized by Section 475.60, subdivision 2(9) of the Act to negotiate the sale of the Bonds, it being determined that the City has retained an independent financial advisor in connection with such sale. 449984v1 JAE LN140-113 2 4. Authority of Municipal Advisor. Springsted Incorporated is authorized and directed to negotiate the Bonds on behalf of the City in accordance with the Terms of Proposal. The City Council will meet at 6:30 P.M. on Monday, October 27, 2014, to consider proposals on the Bonds and take any other appropriate action with respect to the Bonds. 5. Authority of Bond Counsel. The law firm of Kennedy & Graven, Chartered, as bond counsel for the City, is authorized to act as bond counsel and to assist in the preparation and review of necessary documents, certificates and instruments relating to the Bonds. The officers, employees and agents of the City are hereby authorized to assist Kennedy & Graven, Chartered in the preparation of such documents, certificates, and instruments. 6. Covenants. In the resolution awarding the sale of the Bonds the City Council will set forth the covenants and undertakings required by the Act. 7. Official Statement. In connection with the sale of the Bonds, the officers or employees of the City are authorized and directed to cooperate with Springsted Incorporated and participate in the preparation of an official statement for the Bonds and to execute and deliver it on behalf of the City upon its completion. 449984v1 JAE LN140-113 (The remainder of this page is intentionally left blank.) 3 The motion for the adoption of the foregoing resolution was duly seconded by Councilmember and upon vote being taken thereon the following members voted in favor of the motion: and the following voted against: whereupon the resolution was declared duly passed and adopted. 449984v1 JAE LN140-113 4 EXHIBIT A TERMS OF PROPOSAL A-1 THE CITY HAS AUTHORIZED SPRINGSTED INCORPORATED TO NEGOTIATE THIS ISSUE ON ITS BEHALF. PROPOSALS WILL BE RECEIVED ON THE FOLLOWING BASIS: TERMS OF PROPOSAL $2,645,000* CITY OF LINO LAKES, MINNESOTA GENERAL OBLIGATION BONDS, SERIES 2014A (BOOK ENTRY ONLY) Proposals for the Bonds and the Good Faith Deposit ("Deposit") will be received on Monday, October 27, 2014, until 10:30 A.M., Central Time, at the offices of Springsted Incorporated, 380 Jackson Street, Suite 300, Saint Paul, Minnesota, after which time proposals will be opened and tabulated. Consideration for award of the Bonds will be by the City Council at 6:30 P.M., Central Time, of the same day. SUBMISSION OF PROPOSALS Springsted will assume no liability for the inability of the bidder to reach Springsted prior to the time of sale specified above. All bidders are advised that each proposal shall be deemed to constitute a contract between the bidder and the City to purchase the Bonds regardless of the manner in which the proposal is submitted. (a) Sealed Bidding. Proposals may be submitted in a sealed envelope or by fax (651) 223-3046 to Springsted. Signed proposals, without final price or coupons, may be submitted to Springsted prior to the time of sale. The bidder shall be responsible for submitting to Springsted the final proposal price and coupons, by telephone (651) 223-3000 or fax (651) 223-3046 for inclusion in the submitted proposal. OR (b) Electronic Bidding. Notice is hereby given that electronic proposals will be received via PARITY®. For purposes of the electronic bidding process, the time as maintained by PARITY® shall constitute the official time with respect to all proposals submitted to PARITY®. Each bidder shall be solely responsible for making necessary arrangements to access PARITY® for purposes of submitting its electronic proposal in a timely manner and in compliance with the requirements of the Terms of proposal. Neither the City, its agents nor PARITY® shall have any duty or obligation to undertake registration to bid for any prospective bidder or to provide or ensure electronic access to any qualified prospective bidder, and neither the City, its agents nor PARITY® shall be responsible for a bidder's failure to register to bid or for any failure in the proper operation of, or have any liability for any delays or interruptions of or any damages caused by the services of PARITY®. The City is using the services of PARITY® solely as a communication mechanism to conduct the electronic bidding for the Bonds, and PARITY® is not an agent of the City. If any provisions of this Terms of proposal conflict with information provided by PARITY®, this Terms of proposal shall control. Further information about PARITY®, including any fee charged, may be obtained from: Preliminary; subject to change. A-2 PARITY®, 1359 Broadway, 2' Floor, New York, New York 10018 Customer Support: (212) 849-5000 DETAILS OF THE BONDS The Bonds will be dated as of the date of delivery and will bear interest payable on February 1 and August 1 of each year, commencing August 1, 2015. Interest will be computed on the basis of a 360 -day year of twelve 30 -day months. The Bonds will mature February 1 in the years and amounts* as follows: 2016 $105,000 2017 $370,000 2018 $370,000 2019 $380,000 2020 $380,000 2021 $390,000 2022 $150,000 2023 $150,000 2024 $155,000 2025 $160,000 2026 $ 35,000 The City reserves the right, after proposals are opened and prior to award, to increase or reduce the principal amount of the Bonds or the amount of any maturity in multiples of $5,000. In the event the amount of any maturity is modified, the aggregate purchase price will be adjusted to result in the same gross spread per $1,000 of Bonds as that of the original proposal. Gross spread is the differential between the price paid to the City for the new issue and the prices at which the securities are initially offered to the investing public. Proposals for the Bonds may contain a maturity schedule providing for a combination of serial bonds and term bonds. All term bonds shall be subject to mandatory sinking fund redemption at a price of par plus accrued interest to the date of redemption scheduled to conform to the maturity schedule set forth above. In order to designate term bonds, the proposal must specify "Years of Term Maturities" in the spaces provided on the proposal form. BOOK ENTRY SYSTEM The Bonds will be issued by means of a book entry system with no physical distribution of Bonds made to the public. The Bonds will be issued in fully registered form and one Bond, representing the aggregate principal amount of the Bonds maturing in each year, will be registered in the name of Cede & Co. as nominee of The Depository Trust Company ("DTC"), New York, New York, which will act as securities depository of the Bonds. Individual purchases of the Bonds may be made in the principal amount of $5,000 or any multiple thereof of a single maturity through book entries made on the books and records of DTC and its participants. Principal and interest are payable by the registrar to DTC or its nominee as registered owner of the Bonds. Transfer of principal and interest payments to participants of DTC will be the responsibility of DTC; transfer of principal and interest payments to beneficial owners by participants will be the responsibility of such participants and other nominees of beneficial owners. The purchaser, as a condition of delivery of the Bonds, will be required to deposit the Bonds with DTC. REGISTRAR The City will name the registrar which shall be subject to applicable SEC regulations. The City will pay for the services of the registrar. OPTIONAL REDEMPTION The City may elect on February 1, 2023, and on any day thereafter, to prepay Bonds due on or after February 1, 2024. Redemption may be in whole or in part and if in part at the option of the City and in such manner as the City shall determine. If less than all Bonds of a maturity are called for redemption, the City will notify DTC of the particular amount of such maturity to be prepaid. DTC will determine by lot the amount of each participant's interest in such maturity to be redeemed and each participant will then A-3 select by lot the beneficial ownership interests in such maturity to be redeemed. All prepayments shall be at a price of par plus accrued interest. SECURITY AND PURPOSE The Bonds will be general obligations of the City for which the City will pledge its full faith and credit and power to levy direct general ad valorem taxes. In addition, the City will pledge special assessments against benefited properties and net revenues of the City's water utility. The proceeds will be used to finance various street and utility improvements within the City and improvements to the City's water system, including construction of a new well and well house. BIDDING PARAMETERS Proposals shall be for not less than $2,618,550 plus accrued interest, if any, on the total principal amount of the Bonds. No proposal can be withdrawn or amended after the time set for receiving proposals unless the meeting of the City scheduled for award of the Bonds is adjourned, recessed, or continued to another date without award of the Bonds having been made. Rates shall be in integral multiples of 1/100 or 1/8 of 1%. The initial price to the public for each maturity must be 98.0% or greater. Bonds of the same maturity shall bear a single rate from the date of the Bonds to the date of maturity. No conditional proposals will be accepted. GOOD FAITH DEPOSIT Proposals, regardless of method of submission, shall be accompanied by a Deposit in the amount of $26,450, in the form of a certified or cashier's check, a wire transfer, or Financial Surety Bond and delivered to Springsted Incorporated prior to the time proposals will be opened. Each bidder shall be solely responsible for the timely delivery of their Deposit whether by check, wire transfer or Financial Surety Bond. Neither the City nor Springsted Incorporated have any liability for delays in the transmission of the Deposit. Any Deposit made by certified or cashier's check should be made payable to the City and delivered to Springsted Incorporated, 380 Jackson Street, Suite 300, St. Paul, Minnesota 55101. Any Deposit sent via wire transfer should be sent to Springsted Incorporated as the City's agent according to the following instructions: Wells Fargo Bank, N.A., San Francisco, CA 94104 ABA #121000248 for credit to Springsted Incorporated, Account #635-5007954 Ref: Lino Lakes, MN Series 2014A Good Faith Deposit Contemporaneously with such wire transfer, the bidder shall send an e-mail to bond_services@springsted.com, including the following information; (i) indication that a wire transfer has been made (including the fed reference number and time released), (ii) the amount of the wire transfer, (iii) the issue to which it applies, and (iv) the return wire instructions if such bidder is not awarded the Bonds. Any Deposit made by the successful bidder by check or wire transfer will be delivered to the City following the award of the Bonds. Any Deposit made by check or wire transfer by an unsuccessful bidder will be returned to such bidder following City action relative to an award of the Bonds. If a Financial Surety Bond is used, it must be from an insurance company licensed to issue such a bond in the State of Minnesota and pre -approved by the City. Such bond must be submitted to Springsted A-4 Incorporated prior to the opening of the proposals. The Financial Surety Bond must identify each underwriter whose Deposit is guaranteed by such Financial Surety Bond. If the Bonds are awarded to an underwriter using a Financial Surety Bond, then that underwriter is required to submit its Deposit to the City in the form of a certified or cashier's check or wire transfer as instructed by Springsted Incorporated not later than 3:30 P.M., Central Time on the next business day following the award. If such Deposit is not received by that time, the Financial Surety Bond may be drawn by the City to satisfy the Deposit requirement. The Deposit received from the purchaser, the amount of which will be deducted at settlement, will be deposited by the City and no interest will accrue to the purchaser. In the event the purchaser fails to comply with the accepted proposal, said amount will be retained by the City. AWARD The Bonds will be awarded on the basis of the lowest interest rate to be determined on a true interest cost (TIC) basis calculated on the proposal prior to any adjustment made by the City. The City's computation of the interest rate of each proposal, in accordance with customary practice, will be controlling. The City will reserve the right to: (i) waive non -substantive informalities of any proposal or of matters relating to the receipt of proposals and award of the Bonds, (ii) reject all proposals without cause, and (iii) reject any proposal that the City determines to have failed to comply with the terms herein. BOND INSURANCE AT PURCHASER'S OPTION The City has not applied for or pre -approved a commitment for any policy of municipal bond insurance with respect to the Bonds. If the Bonds qualify for municipal bond insurance and a bidder desires to purchase a policy, such indication, the maturities to be insured, and the name of the desired insurer must be set forth on the bidder's proposal. The City specifically reserves the right to reject any bid specifying municipal bond insurance, even though such bid may result in the lowest TIC to the City. All costs associated with the issuance and administration of such policy and associated ratings and expenses (other than any independent rating requested by the City) shall be paid by the successful bidder. Failure of the municipal bond insurer to issue the policy after the award of the Bonds shall not constitute cause for failure or refusal by the successful bidder to accept delivery of the Bonds. CUSIP NUMBERS If the Bonds qualify for assignment of CUSIP numbers such numbers will be printed on the Bonds, but neither the failure to print such numbers on any Bond nor any error with respect thereto will constitute cause for failure or refusal by the purchaser to accept delivery of the Bonds. The CUSIP Service Bureau charge for the assignment of CUSIP identification numbers shall be paid by the purchaser. SETTLEMENT On or about November 20, 2014, the Bonds will be delivered without cost to the purchaser through DTC in New York, New York. Delivery will be subject to receipt by the purchaser of an approving legal opinion of Kennedy & Graven, Chartered of Minneapolis, Minnesota, and of customary closing papers, including a no -litigation certificate. On the date of settlement, payment for the Bonds shall be made in federal, or equivalent, funds that shall be received at the offices of the City or its designee not later than 12:00 Noon, Central Time. Unless compliance with the terms of payment for the Bonds has been made impossible by action of the City, or its agents, the purchaser shall be liable to the City for any loss suffered by the City by reason of the purchaser's non-compliance with said terms for payment. A-5 CONTINUING DISCLOSURE In accordance with SEC Rule 15c2 -12(b)(5), the City will undertake, pursuant to the resolution awarding sale of the Bonds, to provide annual reports and notices of certain events. A description of this undertaking is set forth in the Official Statement. The purchaser's obligation to purchase the Bonds will be conditioned upon receiving evidence of this undertaking at or prior to delivery of the Bonds. OFFICIAL STATEMENT The City has authorized the preparation of a Preliminary Official Statement containing pertinent information relative to the Bonds, and said Preliminary Official Statement will serve as a nearly final Official Statement within the meaning of Rule 15c2-12 of the Securities and Exchange Commission. For copies of the Preliminary Official Statement or for any additional information prior to sale, any prospective purchaser is referred to the Municipal Advisor to the City, Springsted Incorporated, 380 Jackson Street, Suite 300, Saint Paul, Minnesota 55101, telephone (651) 223-3000. A Final Official Statement (as that term is defined in Rule 15c2-12) will be prepared, specifying the maturity dates, principal amounts and interest rates of the Bonds, together with any other information required by law. By awarding the Bonds to an underwriter or underwriting syndicate, the City agrees that, no more than seven business days after the date of such award, it shall provide without cost to the sole underwriter or to the senior managing underwriter of the syndicate (the "Underwriter" for purposes of this paragraph) to which the Bonds are awarded up to 25 copies of the Final Official Statement. The City designates the Underwriter of the syndicate to which the Bonds are awarded as its agent for purposes of distributing copies of the Final Official Statement to each Participating Underwriter. Such Underwriter agrees that if its proposal is accepted by the City, (i) it shall accept designation and (ii) it shall enter into a contractual relationship with all Participating Underwriters of the Bonds for purposes of assuring the receipt by each such Participating Underwriter of the Final Official Statement. Dated September 22, 2014 BY ORDER OF THE CITY COUNCIL City Clerk A-6 /s/ Julie Bartell STATE OF MINNESOTA COUNTY OF ANOKA CITY OF LINO LAKES I, the undersigned, being the duly qualified and acting City Clerk of the City of Lino Lakes, Minnesota (the "City"), hereby certify that I have carefully compared the attached and foregoing extract of minutes of a regular meeting of the City Council of the City held on Monday, September 22, 2014, with the original minutes on file in my office and the extract is a full, true and correct copy of the minutes, insofar as they relate to the issuance and sale of the City's General Obligation Bonds, Series 2014A, in the proposed aggregate principal amount of $2,645,000. WITNESS My hand as City Clerk and the corporate seal of the City this day of , 2014. City Clerk City of Lino Lakes, Minnesota (SEAL) 449984v1 JAE LN140-113 CITY COUNCIL AGENDA ITEM 3A STAFF ORIGINATOR: Julie Bartell, City Clerk MEETING DATE: September 22, 2014 TOPIC: Brewery Taproom Sunday Sales VOTE REQUIRED: 3/5 INTRODUCTION The Minnesota Legislature Omnibus Liquor Bill approved in 2014 includes various changes to liquor license requirements. One change is a statutory amendment that allows brewer taprooms to be open and conduct on -sale business on Sundays if authorized by their municipality (Minn. Stat. 340A.201, subd. 6b). Currently Sunday sales are allowed in the city but only for facilities that are restaurants and sell on -sale liquor in conjunction with the serving of meals. BACKGROUND Hammerheart Brewery, 7785 Lake Drive, has an on -sale brewer taproom license issued by the City and the brewery owners have expressed interest in obtaining Sunday sales authorization. Allowing them to sell on Sunday would require an amendment to the city's liquor regulations that are included in Chapter 701 of the City Code. RECOMMENDATION On September 8, the council approved the 1st Reading of Ordinance No. 08-14, Amending Chapter 701 of the City Code relating to Liquor Licensing. Staff is presenting the ordinance for the council's consideration of 2nd Reading and final approval. ATTACHMENTS Ordinance No. 08-14 1St Reading: Publication: 2nd Reading: Effective: CITY OF LINO LAKES ORDINANCE NO. 08-14 AMENDING TITLE 700, CHAPTER 701 OF THE LINO LAKES CODE OF ORDINANCES RELATING TO LIQUOR LICENSING. The City Council of the City of Lino Lakes, Anoka County, Minnesota, does ordain: Section 1. That Section 701.02, subdivision 6, of the Lino Lakes Code of Ordinances be amended as follows: 701.02 LICENSE REQUIRED (6) Sunday on -sale license. Sunday on -sale licenses may be issued to any hotel, restaurant or club which has facilities for serving at least 30 guests at one time and meets the definition of restaurant in division (1)(b) above, and which has an on -sale license and shall permit on -sale of liquor on Sunday in conjunction with the serving of meals only. A special license authorizing sales on Sunday may be issued to a license holder of an On - Sale Brewer Taproom license for the operation of a taproom on Sundays. Jeff Reinert, Mayor Attest: Julianne Bartell, City Clerk Adopted by the Lino Lakes City Council this day of , 2014. The motion for the adoption of the foregoing resolution was introduced by Council Member and was duly seconded by Council Member upon vote being taken thereon, the following voted in favor thereof: The following voted against same: and CITY COUNCIL AGENDA ITEM 4A STAFF ORIGINATOR: Public Safety Director John Swenson MEETING DATE: September 22, 2014 TOPIC: Hiring of Police Officer VOTE REQUIRED: 3/5 INTRODUCTION The Lino Lakes Public Safety Department is requesting Council approval to hire Tyler Nelson for a police officer position. BACKGROUND With the resignation of Sgt. Dale Hager and retirement of Capt. Kent Strege, we currently have 23 sworn police officers. The 2014 Police Department budget is funded at 25 sworn police officers. The hiring of Tyler Nelson will bring the sworn staff level to 24. The Police Department has been engaged in a police officer hiring process to fill this vacancy. This hiring process included: 1. Application/Experience Scoring 2. Written Exercise Scoring 3. Initial Oral Interview / Physical Fitness Testing 4. Supervisor Oral Interview 5. Background Investigation 6. Medical Examination 7. Psychological Examination This hiring process has been extensive and has identified officer candidates that will continue the proud tradition of providing high quality public safety services. RECOMMENDATION Staff recommends the Council approve the hiring of Tyler Nelson as a Police Officer, effective September 29, 2014. ATTACHMENTS None CITY COUNCIL AGENDA ITEM 4B STAFF ORIGINATOR: Public Safety Director John Swenson MEETING DATE: September 22, 2014 TOPIC: Deputy Public Safety Director — Police & Fire Divisions VOTE REQUIRED: 3/5 INTRODUCTION The Lino Lakes Public Safety Department is requesting council approval to promote Captain Kelly McCarthy to Deputy Public Safety Director — Police Division and to hire Daniel L'Allier as Deputy Public Safety Director — Fire Division. BACKGROUND On June 2, 2014, Council approved Resolution 14-50 which directed staff to integrate fire services for the City of Lino Lakes into the Public Safety Department. As part of the integration process staff has developed an organizational structure for the Public Safety Department that will promote efficient and effective use of staff Daniel L'Allier is currently employed as a full-time fire chief for the City of Virginia. Chief L'Allier has extensive professional experience in the fire and emergency medical services. Chief L'Allier started his fire career with Centennial Fire District in 1998, served with the Maplewood Police Department as CSO/Paramedic and as Director of Training for the Ellsworth Area Ambulance before taking his current position with the Virginia Fire Department. Captain McCarthy has been with the Lino Lakes Public Safety Department since 1998 and has exceled in every position held. Capt. McCarthy started her career as Community Service Officer and worked as a Patrol Officer, Investigator, Patrol Supervisor, Administrative/Investigative Supervisor. Since being promoted to Captain, Capt. McCarthy has been overseeing the patrol function of the police division and has provided much assistance during the fire integration process. RECOMMENDATION Staff recommends that the Council approve the promotion of Kelly McCarthy to Deputy Public Safety Director — Police Division and the hiring of Daniel L'Allier as Deputy Public Safety Director — Fire Division. ATTACHMENTS None CITY COUNCIL AGENDA ITEM 4C STAFF ORIGINATOR: John Swenson, Director of Public Safety MEETING DATE: September 22, 2014 TOPIC: Approval of Resolution 14-110 Authorizing Enrollment in Statewide Lump -Sum Volunteer Firefighter Retirement Plan (SVFRP) VOTE REQUIRED: 3/5 INTRODUCTION As part of the integration of fire services into the Public Safety Department, staff has engaged Springsted to evaluate the options available to the City of Lino Lakes for the creation of a firefighter relief/pension plan. During the June 23, 2014 Council Meeting, Council directed staff to move forward with the enrollment of the City of Lino Lakes in the Statewide Lump - Sum Volunteer Firefighter Retirement Plan (SVFRP) administered by PERA. BACKGROUND During the Council Meeting on June 2, 2014, Council approved Resolution 14-50 which directed staff to integrate fire services for the City of Lino Lakes into the Public Safety Department. Staff engaged Springsted as well as staff from the Public Employees Retirement Association (PERA) to explore fire pension options available to the City of Lino Lakes. Springsted has developed a detailed report for the Council that outlines these options and was presented at the June 23rd Council Meeting. It is anticipated that paid on-call fire personnel will begin fire training in January of 2015; therefore a resolution authorizing the City of Lino Lakes to enroll on January 1, 2015 is required. It should be noted that the City estimated annual cost for enrollment in SVFRP was reduced by $27,941 from the estimate provided at the June 23rd Council Meeting. This reduction stems from the use of existing City staff, who will not participate in the SVFRP, as fire personnel. RECOMMENDATION Staff recommends that the Council approve Resolution 14-110 authorizing enrollment in the Statewide Lump -Sum Volunteer Firefighter Retirement Plan administered by PERA at the $5,000 per year service credit lump -sum level. ATTACHMENTS SVFRP Letter from PERA dated September 16, 2014 Resolution No. 14-110 Public Employees Retirement Association of Minnesota 60 Empire Drive, Suite 200 St. Paul, MN 55103-2088 Phone: 651-296-7460 or 1-800-652-9026 Website: www.nmpera.org September 16, 2014 Al Rolek City of Lino Lakes 600 Town Center Pkwy Circle Pines MN 55014 Unit No. 5906-00 We received your request for a cost analysis to estimate the cost of joining the statewide volunteer firefighter retirement plan administered by PERA. Based on the information you provided to us, we have developed this spreadsheet and a cost analysis for the benefit levels you requested. The results are shown below. Per you phone call request, I have prepared the analysis assuming the $5000 benefit level for 30 firefighters that join the PERA Statewide plan on January 1, 2015. Payments to Plan Begin 12/31/2016 12/31/2015 A. Benefit Level (per year of service): $5,000 $5,000 B. Estimated yearly normal cost: $91,686 $86,496 C. Estimated yearly admin expenses: $900 $900 D. Estimated beginning asset value: $0 $0 E. Estimated beginning liability: $168,096 $81,600 F. Estimated Deficit Amortization Payment ((E -D)/10): $16,810 $8,160 G. Estimated Total Required Contribution (B+C+F): $109,395 $95,556 H. Estimated Investment Income (D x 6%): $0 $0 I. Estimated Fire State Aid (2012 Amount): $0 $0 J. Estimated Municipal Required Contribution (G -H-1): $109,395 $95,556 Please note that these are estimates only. Should you choose to join the statewide plan on January 1, 2015, the required municipal contribution you would pay in 2015 is $0. However, if the payments start in December 2015, the annual cost would decrease as shown in the second column above. As a reminder, no benefits are payable until a fire fighter is vested in 5 years. At this point, if you have any questions, please feel free to give me a call at 651-201-2681. If I am not available, please contact Dave DeJonge at 651-201-2641 and he would be happy to answer your questions. In accordance with Minnesota Statute 353G.05, if you wish to join the statewide plan, we must receive a signed resolution from the governing body of your municipality within 120 days of the receipt of this cost analysis. A sample resolution. can be found on our website, www.mnpera.org, under the Employers tab. Sincerel David Andrews . Accounting Supervisor CITY OF LINO LAKES RESOLUTION NO. 14-110 RESOLUTION OPTING TO JOIN THE VOLUNTARY STATEWIDE LUMP -SUM VOLUNTEER FIREFIGHTER RETIREMENT PLAN WHEREAS, The City of Lino Lakes is authorized to join the Voluntary Statewide Lump -Sum Volunteer Firefighter Retirement Plan (SVFRP) administered by the Public Employees Retirement Association (PERA); and WHEREAS, The City of Lino Lakes has obtained a cost analysis for joining the Voluntary Statewide Lump -Sum Volunteer Firefighter Retirement Plan from PERA not more than 120 days ago; and WHEREAS, The City of Lino Lakes highly values the contributions of City Fire Department members to the safety and well being of our community and wishes to safeguard their pension investments in a prudent manner NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Lino Lakes, Anoka County, Minnesota, hereby does levy on a preliminary basis the following upon taxable property in said City of Lino Lakes: 1. The City of Lino Lakes hereby approves coverage by and requests participation in the Voluntary Statewide Lump -Sum Volunteer Firefighter Retirement Plan administered by PERA under the terms provided in the PERA costs analysis at the $5,000 benefit level per year of service; and 2. The City Clerk/Administrator and Mayor are hereby authorized to execute all documents necessary to effectuate the intent of this resolution. The motion for the adoption of the foregoing resolution was introduced by Council Member and was duly seconded by Council Member and upon vote being taken thereon, the following voted in favor thereof: The following voted against same: Jeff Reinert, Mayor ATTEST: Julianne Bartell, City Clerk CITY COUNCIL AGENDA ITEM 6A STAFF ORIGINATOR: Katie Larsen, City Planner MEETING DATE: September 22, 2014 TOPIC: NorthPointe 2nd Addition i. Consider Resolution No. 14-105 Approving Final Plat ii. Consider Resolution No. 14-106 Approving Development Contract VOTE REQUIRED: 3/5 INTRODUCTION Staff is requesting City Council consideration of the Final Plat and Development Contract for NorthPointe 2nd Addition. Complete Application Date: August 11, 2014 60 -Day Review Deadline: October 10, 2014 120 -Day Review Deadline: December 9, 2014 Environmental Board Meeting: NA Park Board Meeting: NA Planning & Zoning Board Meeting: September 10, 2014 Tentative City Council Work Session: September 22, 2014 Tentative City Council Meeting: September 22, 2014 BACKGROUND NorthPointe is a PUD residential subdivision located northeast of the intersection of Birch Street and 20th Avenue South (CSAH 54). The preliminary plat is 94.09 gross acres and consists of a residential density mix of single family lots and an 88 unit senior multi -family residence. The following is a breakdown of unit development: • 216 Single Family Units (215 new lots + 1 existing home) • 11 Future Single Family Units (future development of existing home) • 88 unit multi -family • 315 TOTAL UNITS 1 The applicant has submitted a land use application for final plat of NorthPointe 2nd Addition. The City Council approved the NorthPointe PUD Final Plan with Resolution No. 14-47 on June 23, 2014. The revised PUD Final Plan Set is dated August 1, 2014 and prepared by Carlson McCain. ANALYSIS Subdivision Ordinance Conformity with the Comprehensive Plan and Zoning Code The final plat has been reviewed for compliance with the comprehensive plan, zoning and subdivision ordinance The proposed development is not considered premature and meets the performance standards of the subdivision and zoning ordinance. The final plat is consistent with the PUD Development Stage Plan/Preliminary Plat, Final Plan and phasing plan. The only slight modification from the preliminary plat is the extension of Butternut Street right-of-way to the westerly boundary of Outlot C. The width of Lot 1, Block 2 will also be slightly increased. Blocks and Lots The final plat for NorthPointe 2nd Addition creates 40 lots and 3 outlots. Outlots A and C are for stormwater management and future right-of-way. Outlot B is for future development, stormwater management and wetland protection areas. Easements Standard drainage and utility easements are being dedicated on individual lots and over stormwater drainage areas. Drainage and utility easements have also been previously dedicated over the watermain and sanitary sewer utility extending north along Palm Street and 21St Avenue South to Cedar Street. Public Land Dedication and Fees The City will require a combination of land dedication and cash in lieu of land for the entire NorthPointe development. Phases I, II, IV and Outlot B (age -restricted multi -family complex) will pay straight park dedication fees per unit at the time of each final plat. Phase III will dedicate 5.04 acres of parkland, credit trail construction costs and collect any remaining cash balance associated with Phase III. NorthPointe 2nd Addition 40 lots x $2,500 = $100,000 2 Zoning NorthPointe 2nd Addition is zoned PUD -Planned Unit Development as approved by the City Council with Ordinance 02-14. Comprehensive Plan The final plat is in compliance with the Comprehensive Plan in terms of the Resource Management System, Land Use Plan, Housing Plan, and Transportation Plan. Alternative Urban Areawide Review (AUAR) The project site is within the 2005 I -35E Corridor AUAR and is subject to the AUAR mitigation plan. The NorthPointe PUD Development Stage Plan/Preliminary Plat is consistent with development Scenario 1 for residential medium density and complies with the mitigation plan in regards to wetlands, water use, erosion and sedimentation, surface water runoff, wastewater and transportation. The final plat for NorthPointe 2nd Addition is also consistent with these plans. Floodplain There is no floodplain within the final plat for NorthPointe 2nd Addition. Development Contract A Development Contract shall be drafted by the City, executed by the City and the developer and recorded by the developer. Stormwater Maintenance Agreement A Maintenance Agreement for Stormwater Management Facilities was approved by the City Council on August 11, 2014 with Resolution No. 14-87 for the entire NorthPointe development. RECOMMENDATION The Planning & Zoning Board reviewed and recommended approval of the final plat at the September 10, 2014 meeting. Staff is recommending approval of the following items with conditions as listed: 1. Resolution No. 14-105 Approving the Final Plat 2. Resolution No. 14-106 Approving Development Contract ATTACHMENTS 1. Resolution No. 14-105 2. Final Plat 3. Resolution No. 14-106 3 4. Development Contract 4 CITY OF LINO LAKES RESOLUTION NO. 14-105 RESOLUTION APPROVING THE FINAL PLAT FOR NORTHPOINTE 2ND ADDITION WHEREAS, the City has received an application for Final Plat approval for NorthPointe 2nd Addition hereafter referred to as "Development"; and WHEREAS, City staff has completed a review of the proposed "Development" based on the revised plan set dated September 10, 2014 and prepared by Carlson McCain; and WHEREAS, a public hearing was held before the Planning & Zoning Board on December 11, 2013 and continued to the February 12, 2014 meeting and the Board recommended approval of the PUD Development Stage Plan/Preliminary Plat; and WHEREAS, the City Council approved the rezoning from R, Rural to PUD, Planned Unit Development with Ordinance 02-14 and the PUD Development Stage Plan/Preliminary Plat with Resolution 14-21; and WHEREAS, Planning & Zoning Board reviewed and recommended approval of the Final Plat at the September 10, 2014 meeting; and WHEREAS, the proposed development is not considered premature and meets the performance standards of the subdivision and zoning ordinance; and WHEREAS, the final plat substantially conforms to the preliminary plat and phasing plan. A slight modification from the preliminary plat is the extension of the Butternut Street right-of-way to the westerly boundary of Outlot C. The width of Lot 1, Block 2 will also be slightly increased. NOW, THEREFORE BE IT RESOLVED by the City Council of the City of Lino Lakes hereby approves the Final Plat for NorthPointe 211d Addition, subject to the following conditions: 1. Outlots A and C of the NorthPointe 2nd Addition shall be deeded to the City. a. The developer shall prepare the deeds for Outlot A and C and submit to the City for review and approval. 2. A Development Contract shall be drafted by the City, executed by the City and the developer and recorded by the developer. 3. One full size copy of the revised final plat shall be submitted to the City. 4. One electronic copy of the revised final plat shall be submitted to the City. 5. One CAD file of the revised final plat shall be submitted to the City. 6. A revised Excel spreadsheet lot summary for blocks, lots and outlots shall be submitted. 7. The final plat and related documents for NorthPointe shall be recorded prior to 1 recording of NorthPointe 2nd Addition. Adopted by the Council of the City of Lino Lakes this 22nd day of September, 2014. The motion for the adoption of the foregoing resolution was introduced by Council Member and was duly seconded by Council Member upon vote being taken thereon, the following voted in favor thereof: The following voted against same: ATTEST: Julianne Bartell, City Clerk 2 and Jeff Reinert, Mayor 66 - Li] Li] %L GO I o z 73 00 I 00 c 0 IN oco I I\ I \ II \ R S00°18'29"E 385.91 / \ w H- z_ O a- 0 z 4- o 0300 o0o °' � M Z J 73 I- W W W 66 1 z \ 170.91 \ q \ cc \ c 0;.20 \ yJ \ N \ 0( 1 \ z w a- 0 a- 0) O 0 0 O \ 25.00 25.00 25 25 � I W w O � 4 ID �r ° a1-) z z 074 CO 25 25o� � - W 4.1 N 0 0.1 0II 65.00 • 0 M 50.00 Iw 10 I 1.42 2 cc 50.00 O O 0 50.00 0I O `--East line of Outlot C, NORTHPOINTE I I v N00°1 8'29"W 308.32 T I I L_ 55.00 /-0-10 Li 17 I O „ l0 4" rn o co w z o/ O 0 \J10 55.00 308.78 55.00 1 wl 01 5 rn z 10L --J 55.00 O 0 50.00 50.00 21ST AVENUE SOUTH S00°18' 4 29"E 464. 449.64 50.00 50.00 S00°18'29"E 50.00 L- 50.00 T C p R 914.63 S00°18'29"E 4 7 "e 14/ ''\N i has / 387.74 >Existing Drainage & Utility Easement per the plat of NORTHPOINTE i \ ho C� oOCO cb Crc Co NC) ip O 43.01 • R=631.25 • .A=03°54'13" C.B.=S63°14'27"W a � NoR / 805°24'28"W �a\�o� a �5 43.41 y�g Ore P a� / 0- - 47.14 805°24'08"W w Iw 48.78 �G 0 10 9 II IZ I I I I0, cc 53.26 O -c O N N z C.B.=S05°5 '36 E p-11°16, 15 / R=320.00 i 62.95 I ,o R=350.00 0 0 68.85_ /► i� C.L.=68.74"Eo 0 18.88 �' �JC.B.=S05°56 36 'o 1•0 N89°41'31"C"----- `SO or) O * 0 O O III el Ila 30_ 0 cj cN rn � 0 cC I Q '<-3p ca`L p(`L o \ 1'59"36)(1.. , \G D-,5 0 G• 163.36 / ,30 \ \ 1 -0.46/ DETAIL A: Not to Scale z Q GRAPHIC SCALE 0 30 60 120 (SCALE IN FEET) 1 INCH = 60 FEET rn Carlson McCain ENVIRONMENTAL - ENGINEERING SURVEYING \ 520.16 \\S00°18'29"E k1 West line \ ti" \ of Outlot C, NORTHPOINTE-- \\ °\s \ cD O s ?tS. \ ° \ sem. \ ° O to o\<, \\ o�R \ \ \ oz ao \ \ %-D00 0 \ \ \ 006 �\ \ vp\ DRAINAGE AND UTILITY EASEMENTS ARE SHOWN THUS: 5-= 5 0 being 5 feet in width, and adjoining side lot lines, and 10 feet in width and adjoining right of way lines and rear lot lines unless otherwise shown on this plat. For the purposes of this plat, the West line of Outlot B, NORTHPOINTE, is assumed to have a bearing of North 00 degrees 23 minutes 08 seconds West. Denotes 1/2 inch by 14 inch iron monument set O or to be set within one year of recording of this plat and marked with license number 40361 ® Denotes Found Iron Monument marked with RLS 40361 unless otherwise noted of Outlot B, NORTHPOINTE Is 0 z z Si a - O 0 NI cal w 1'0 CO °' oo O t.0 z 140.03 -. NO0°18'29"W 9 140.04 N Ic 1 N1 O OI N N00°18'29"W 10 --- 140.04 N O 10 F N 0 .I N00°18'29"W - - 11 CI` o 140.04 \ 0 I N N00°18'29"W 12 140.04 - N O I OI \16.78 0 /\L_--- 140.04 _ J N00°18'29"W F- 7 -D to 2 13 0 N00°18'29"W 7 C'D\ \ d‘C.D00�. L0 `14 N �\ /5°s. �r\ \)7 vs \ rn \ Drainage n\ \Utility Easement o PALM STREET 30 \ 09 \ N '\‘')i S, ° s'1) \/// F 7 as° ` et) \ / o > \\, / O 49.95 I 59.53 00 \N-4==08°58'33" 4R�38 -�, 0. \\\N R41.27p.00 B `S07°05'27"E ---,6,=08°46'50„ C.L.-=41.34 • C.B.=N83°00'20"E ooN 00..64. 04 N o �c II 4 �N. 43\ \C3 9 \cb N05°°9'49"\14 i' 125.24 30 / r CI RI R 1 N00°23'08"W I 125.04 r I 2 I r N N N L N00°23'08"W • OUTLOT B 125.03 P I I Nl N NI I I N00°23'08"W 3 1N N I"' N 7 501 N N 125.03 4 _Drainage & f/- Utility Easement _ \ L 4' 125.04 _ O - 4' Ig N IM N --,20.00t87.1610.08`• -LIFT - 87.27 1 N06°54:33 "W 5 S89°36'52"W 35.46 15 ,<,,/ \ Rs °h/ Lri 16 NI 117.03 70.00 3 70.00 00 R 70.00 70.00 10 104)1 00 PALM 70.00 LU i0-0 17 0 12 70.00 J N R 82 S'\ 6° 454.38 r� ca - - 111- .69 SO0°52'48"E N07°13 46 W '---West line of Outlot C, NORTHPOINTE 313.10 70 00 8. oo cn 70.00 306.49 STREET 70.00 70.00 70.00 7. 61.03 LU 70.00 70.00 472.31 NOO°23'08"W N. -West line of Outlot B, NORTHPOINTE 0 0 70.00 LU 0 ig 20 70.00 70 98 co IN co in ron co N4 coN op t0o) co CITY OF LINO LAKES COUNTY OF ANOKA NORTHPOL\ TE 2\D ADDITION KNOW ALL PERSONS BY THESE PRESENTS: That Tony Emmerich Construction, Inc., a Minnesota corporation, owner of the following described property: Outlots B and C, NORTHPOINTE, according to the recorded Plat thereof, Anoka County, Minnesota. Has caused the same to be surveyed and platted as NORTHPOINTE 2ND ADDITION and does hereby dedicate to the public for public use the public ways and the drainage and utility easements as shown on this plat. In witness whereof said Tony Emmerich Construction, Inc., a Minnesota corporation, has caused these presents to be signed by i t s proper officer this day of , 20 TONY EMMERICH CONSTRUCTION, INC. Anthony J. Emmerich, President STATE OF COUNTY OF a_ This instrument was acknowledged before me on by F- Anthony J. Emmerich, President of Tony Emmerich Construction, Inc., a Minnesota corporation, on behalf of the corporation. 0 Notary Public, My commission expires I Thomas R. Balluff do hereby certify that this plat w a s prepared by me or under my O • direct supervision; that I am a duly Licensed Land Surveyor in the State of Minnesota; that this plat is a correct representation of the boundary survey; that all mathematical data and labels are correctly designated on this plat; that all monuments depicted on this plat have been, or will be correctly set within one year; that all water boundaries and wet lands, as defined in Minnesota Statutes, Section 505.01, Subd. 3, as of the date of this certificate are shown and labeled on this plat; and all public ways are shown and labeled on this plat. Dated this day of 20 Thomas R. Balluff, Licensed Land Surveyor Minnesota License No. 40361 STATE OF COUNTY OF This instrument was acknowledged before me on by Thomas R. Balluff. Notary Public, My commission expires CITY COUNCIL, CITY OF LINO LAKES, MINNESOTA This plat of NORTHPOINTE 2ND ADDITION was approved and accepted by the City Council of the City of Lino Lakes, Minnesota at a regular meeting thereof held this day of , 20 and said plat is in compliance with the provisions of Minnesota Statutes, Section 505.03, Subd. 2. CITY COUNCIL, CITY OF LINO LAKES, MINNESOTA By: , Mayor By: , Clerk COUNTY SURVEYOR I hereby certify that in accordance with Minnesota Statutes, Section 505.021, Subd. 11, this plat has been reviewed and approved this day of , 20 By: Larry D. Hoium Anoka County Surveyor (47)5 ...goLnLco;B:-.1,161345051:425'.54';,3.4 ,;....),144,./,47 1-11 81.07 00 rc,280.00 --,,,,,. COUNTY AUDITOR/TREASURER Pursuant to Minnesota Statutes, Section 505.021, Subd. 9, taxes payable in the year 20 land hereinbefore described have been paid. Also, pursuant to Minnesota Statutes, Section 272.12, there are no delinquent taxes and transfer entered this 20 day of on the R.... -.22n.„,0 14:45-;>- co Property Tax Administrator CN 1(2 CO 21 (RLS 12043)/ N CO COUNTY RECORDER/REGISTRAR OF TITLES A Ni County of Anoka, State of Minnesota I hereby certify that this plat of NORTHPOINTE 2ND ADDITION was filed in the office of the County Recorder/Registrar of Titles for public record this day of , 20 at o'clock .M. and was duly recorded in Book Page as Document Number County Recorder/Registrar of Titles CITY OF LINO LAKES RESOLUTION NO. 14-106 RESOLUTION APPROVING DEVELOPMENT CONTRACT & PLANNED UNIT DEVELOPMENT AGREEMENT FOR NORTHPOINTE 2nd ADDITION WHEREAS, the City Council approved the Final Plat for NorthPointe 2nd Addition with Resolution No. 14-105 on September 22, 2014; and WHEREAS, the City's subdivision ordinance and conditions of approval require the execution of a development agreement between the Developer and the City of Lino Lakes. NOW, THEREFORE BE IT RESOLVED by The City Council of The City of Lino Lakes hereby approves the Development Contract & Planned Unit Development Agreement between Tony Emmerich Construction, Inc. and the City of Lino Lakes for NorthPointe 2nd Addition and authorizes the Mayor and City Clerk to execute such agreement on behalf of the City. Adopted by the Council of the City of Lino Lakes this 22nd day of September, 2014. The motion for the adoption of the foregoing resolution was introduced by Council Member and was duly seconded by Council Member and upon vote being taken thereon, the following voted in favor thereof: The following voted against same: Jeff Reinert, Mayor ATTEST: Julianne Bartell, City Clerk DRAFT DEVELOPMENT CONTRACT & PLANNED UNIT DEVELOPMENT AGREEMENT NorthPointe 2nd Addition THIS AGREEMENT made this day of , 2014, is by and between the City of Lino Lakes, whose address is 600 Town Center Parkway, Lino Lakes, Minnesota, 55014, a municipal corporation organized under the laws of the State of Minnesota, hereinafter referred to as the "City," and Tony Emmerich Construction, Inc. whose address is 1875 Station Parkway NW, Andover, MN 55304, hereinafter referred to as the "Developer." WHEREAS, the Developer has received preliminary plat approval from the City Council by Resolution No. 14-21 for a plat of land within the corporate limits of the City known as NorthPointe 2nd Addition, hereinafter called "Subdivision," as legally described in Attachment A; and WHEREAS, the Developer requested that the City construct and finance certain improvements to service the Subdivision; and WHEREAS, the Developer has entered into a Petition and Waiver agreement with the City waiving their right to appeal an assessment for improvements to the Subdivision; and WHEREAS, the Developer is to be responsible for the installation and financing of certain private improvements within the Subdivision; and WHEREAS, the Developer will have completed site grading and associated erosion control for the overall plat with phase one of the development; and WHEREAS, the City Subdivision Ordinance and Minnesota Statute sections 462.358 authorize the City to enter into a performance contract secured by cash escrow or other security to guarantee completion and payment of such improvements following final approval and recording of the final plat. NOW, THEREFORE, in consideration of the mutual promises of the parties made herein, IT IS AGREED BY AND BETWEEN THE PARTIES AS FOLLOWS: I. DEVELOPER IMPROVEMENTS a. Improvements to be installed by the Developer and financed by the Developer are hereinafter referred to as "Developer Improvements." NorthPointe 2nd Addition Development Contract September, 2014 b. Improvements to be installed by the City and financed by the Developer are hereinafter referred to as "City Improvements." H. DEVELOPER PLANS a. The subject property shall be developed in accordance with the following Developer Plans, original copies of which are on file with the City Engineer. The Developer Plans may be prepared after entering this Agreement but must be completed and approved by the City before commencement of any work on the Subject Property. If the plans vary from the written terms of this Agreement, the written terms shall control. b. The Developer Plans are: i. Revised PUD Development Stage Plan/Preliminary Plat, revision date April 28, 2014, prepared by Carlson McCain: 1. Sheet 1, Cover 2. Sheet 2, Existing Conditions 3. Sheet 3, Preliminary Plat Index 4. Sheet 4-8, Preliminary Plat 5. Sheet 9, Ghost Plat Sheet 10-11, Preliminary Site & Utility Plans 7. Sheet 12, Grading Index 8. Sheet 13-18, Preliminary Grading & Erosion Control Plans 9. Sheet 19-20, Details 10. Sheet T1 -T8, Tree Preservation Plan 11. Sheet L1-L5, Landscape Plans 12. Sheet Fl, Floodplain Exhibit 13. Sheet P1, Phasing Plan ii. The NorthPointe 2nd Addition Final Plat submitted on August 8, 2014 prepared by Carlson McCain. 6. page 2 NorthPointe 2nd Addition Development Contract September, 2014 c. The Developer Plans shall be approved by the City. The Developer shall secure a contractor to install these improvements, which contractor shall be approved by the City in its absolute discretion. All Developer Improvements shall require City inspection and approval and, where appropriate, the approval of any other governmental agency having jurisdiction. The Developer shall construct and install at the Developer's expense the following improvements according to the following terms and conditions: i. Grading and Erosion Control shall be completed by the developer prior to the construction of the Subdivision. ii. All homeowners association declarations, covenants, and property and legal requirements as required in the Agreement shall be submitted to the City Attorney for review as required by the City's final plat requirements. iii. The Developer shall place iron monuments at all lot and block corners and at all other angle points on boundary lines. Iron monuments shall be placed after all street and lawn grading has been completed in order to preserve the lot markers for future property owners. Lot corner irons on the back property line shall be installed so that the top of the iron corresponds to the finished ground elevation in accordance with the approved grading plan. Guard stakes shall be appropriately installed to mark these irons. iv. The Developer shall promptly clear dirt and debris within public right-of- ways and drainage and utility easements resulting from construction by the Developer, its purchasers, builders and contractors within five (5) days after notification by the City. The Developer or its assigns shall be responsible for all necessary street and storm sewer maintenance, including street sweeping, prior to issuance of any Certificates of Occupancy. Warning signs shall be placed when hazards develop in streets to prevent the public from traveling on same and directing attention to detours. If and when the streets become impassable, such streets shall be barricaded and closed. The Developer shall maintain a smooth, hard driving surface and adequate drainage on all temporary streets. v. Street Lighting: 1. Residential street lighting shall be owned by the City. Such street lighting system shall be installed, operated, and maintained by the electric company. City and electric utility company may enter into a contractual agreement on the rate and maintenance of the street lighting system. City shall use escrow funds to pay for street light installation. page 3 NorthPointe 2nd Addition Development Contract September, 2014 2. It shall be the responsibility of the Developer to pay for street lighting operation charges for the initial 15 months of operation of the system. vi. The Developer shall dedicate to the City, prior to approval of the final plat, at no cost to the City, any permanent or temporary easements that may be necessary for the construction and installation of the Developer Improvements. All such easements required by the City shall be in writing, in recordable form, containing such terms and conditions as the City shall determine. vii. The Developer shall be responsible for securing all site grading and development approvals and permits from all appropriate Federal, State, Regional and Local jurisdictions prior to the commencement of site grading or construction and prior to the City awarding construction contracts for public utilities. viii. The Developer shall submit all gas, telephone, cable TV and electric utility designs to the City for review and approval prior to construction of the improvements. Following review and approval by the City, the Developer shall insure that all installations comply with applicable City, County and State design standards and show proof of security arrangements with said utility companies. ix. Cost of Developer Improvements and description are as shown on Attachment B. x. Construction of Developer's Improvements: 1. The construction, installation, materials and equipment shall be in accordance with the Developer Plans and specifications approved by the City. Payment of Developer's Improvements will conform to the Public Improvement Surety agreement entered into between the Developer and the City. 2. All of the work shall be under and subject to the inspection and approval of the City and, where appropriate, any other governmental agency having jurisdiction. 3. Prior to the acceptance of Developer Improvements by the City, the Developer shall obtain final plat approval and record the final plat which will dedicate all permanent easements necessary for the construction and installation of the Developer and City Improvements as determined by the City. page 4 NorthPointe 2nd Addition Development Contract September, 2014 4. All construction debris and trash shall be properly disposed of at the Developer's expense and in a timely manner as determined by the City. xi. The Developer shall construct and pay for all improvements as described in the approved landscaping plan. xii. Faithful Performance of Construction Contracts and Letter of Credit 1. The Developer will fully and faithfully comply with all terms and conditions of any and all contracts entered into by the Developer for the installation and construction of all Developer Improvements. Concurrent with the execution hereof by the Developer, the Developer will provide a Letter of Credit as outlined in Attachment C. III. RECORDING AND RELEASE a. The Developer agrees that the terms of this Development Contract shall be a covenant on any and all property included in the Subdivision. The Developer agrees that the City shall have the right to record a copy of this Development Contract with the Anoka County Recorder to give notice to future purchasers and owners. This shall be recorded against the Subdivision described on Page 1 hereof City shall provide to Developer upon payment of all the special assessments levied against a parcel, a release of such parcel from the terms and conditions of this Development Contract subject to provisions contained in this contract. 1°. IV. REIMBURSEMENT OF COSTS a. The Developer agrees to establish a non-interest bearing escrow account with the City in an amount determined by the City Administrator or his designee for the payment of all costs incurred by the City related to the development of the Subdivision and the Developer Improvements including, but not limited to, the following (See Attachment C for breakdown of costs): i. Plat Review ii. Planner Review iii. Administration - 3% Construction Cost iv. Engineering v. Legal page 5 NorthPointe 2nd Addition Development Contract September, 2014 vi. Publications vii. Street Lighting — Installation Escrow viii. Traffic Signing Improvements ix. Boulevard Tree Planting x. Street - Storm Sewer - Pond Maintenance b. If the above escrow amounts are insufficient, the Developer shall make such additional deposits as required by the City. The City shall have a right to reimburse itself from the Escrow upon notice to the Developer, with suitable documentation supporting charge. c. The Developer agrees to pay the following fees related to the development of the Subdivision and the Developer Improvements including, but not limited to, the following (See Attachment C for breakdown of costs): i. Park Dedication ii. Street Lighting -Operation iii. Sealcoating iv. Aerial Photo d. The Developer has requested a Petition and Waiver Agreement per Minnesota Statute 429 for road and utility improvements to Cedar Street from 20th Avenue to the eastern edge of Outlot C, 21st Street S. and Palm Street. These road and utility improvements shall be completed with Phase II of the Development and shall be assessed to the benefitting properties within Phase II. Cedar Street is to be constructed as a 24 foot wide, rural bituminous roadway within the existing right of way. 21st Street S. and Palm Street shall be constructed to approved plans and specifications. V. TRUNK UTILITY & SURFACE WATER MANAGEMENT CHARGES a. Trunk Sewer Unit Charges. i. The City established trunk unit charges to uniformly distribute the costs of public trunk sanitary sewer infrastructure. Each individual connection to the sanitary sewer system shall be charged a unit charge per SAC unit (currently at $2,975 per SAC unit). The unit charge shall be based on the procedure outlined in the Metropolitan Environmental Services Service Availability Charge Procedure Manual. Trunk sewer unit charges page 6 NorthPointe 2nd Addition Development Contract September, 2014 addressed under this paragraph are in addition to any SAC charges imposed by Metropolitan Council Environmental Services. An estimate of the total charge and the trunk utility credit for developer installed trunk oversizing is specified in Attachment B. b. Trunk Water Unit Charges. i. The City established trunk unit charges to uniformly distribute the costs of public trunk water infrastructure. Each individual connection to the water system shall be charged a unit charge per SAC unit (currently at $3,939 per SAC unit). The unit charge shall be based on the procedure outlined in the Metropolitan Environmental Services Service Availability Charge Procedure Manual. An estimate of the total charge and the trunk utility credit for developer installed trunk oversizing is specified in Attachment B. c. Surface Water Management Area Charges. i. The City established a trunk area charge to uniformly distribute the costs of public trunk surface water infrastructure and water quality improvements. The Surface Water Management Charge shall be based on developable acreage, in the amount specified in Attachment B. d. Assessment of Charges and Waiver of Rights. i. In consideration of the provision of sewer, water and storm water services, the Developer agrees that the Trunk Sewer Unit Charge, Trunk Water Unit Charge and the Surface Water Management Area Charge (collectively, "the Charges") may be assessed against the Subdivision parcels. The Developer hereby waives any and all procedural and substantive objections to the special assessments, including notice and hearing requirements, any claim that the assessments exceed the benefit to the properties, and any right to appeal. ii. Unless the Developer pays the entire balance owed for the Charges contemporaneously with the execution of the Agreement, the Developer shall provide to the City a cash escrow or irrevocable letter of credit in an amount equal to 35% of the total assessments as estimated by the City Engineer (see Attachment B). The letter of credit shall be in a form, and from a bank, as approved by the City. The letter of credit or cash escrow may be used by the City upon default by Developer in the payment of special assessments. The cash escrow or letter of credit shall remain in place throughout the term of the special assessments. page 7 NorthPointe 2nd Addition Development Contract September, 2014 iii. All special assessments shall be payable to the City Clerk in semi-annual installments over 15 years commencing on April 15th of the year after the levy of such assessment and on each September 15th and April 15th thereafter until the entire balance plus accrued interest is paid in full. In the alternative, the City may, at its option, certify the entire assessment roll to the Anoka County Auditor for collection with real estate taxes. iv. Developer, its heirs, successors or assigns, agrees that within 30 days after the issuance of a certificate of occupancy for a residence on a lot located within the Subdivision that is assessed for the cost of the Charges, the Developer, its heirs, successors or assigns, agrees, at its own cost and expense, to pay the entire unpaid Charges assessed or to be assessed under this agreement against such property. v. If a certificate of occupancy is issued before the special assessments have been levied, the Developer, its heirs, successors or assigns shall pay the City the sum of cash equal to 120% of the Engineer's estimate of the special assessments for such City Improvements that would be levied against the property. Upon such payment the City shall issue a certificate showing the assessments are paid in full. Notwithstanding the issuance of said certificate, the Developer shall be liable to the City for any deficiency and the City shall pay the Developer any surplus arising from the payment based upon such estimate. Developer will be paid interest on all assessments paid before the levy of such assessments by the City at the bond interest rates paid by the City. e. Acceleration upon Default i. In the event the Developer violates any of the covenants, conditions or agreements herein, violates any ordinance, rule or regulation of the City, County of Anoka, State of Minnesota or other governmental entity having jurisdiction over the plat, or fails to pay when due any installment of any special assessment levied pursuant to this agreement, or any interest thereon, the City at its option, in addition to its rights and remedies hereunder, after 10 days written notice to the Developer, may declare all of the unpaid special assessments which are then estimated or levied pursuant to this agreement due and payable in full, with interest. The City may seek recovery of such special assessments due and payable from the security provided herein. In the event that such security is insufficient to pay the outstanding amount of such special assessments plus accrued interest the City may certify such outstanding special assessments in full to the County Auditor pursuant to Minnesota Statutes section 429.061, subdivision 3, for collection the following year. The City, at its option, may commence legal action against the Developer to collect the entire unpaid balance of the special assessments then estimated or levied pursuant hereto, with interest, page 8 NorthPointe 2nd Addition Development Contract September, 2014 including reasonable attorney's fees, and Developer shall be liable for such special assessments and, if more than one, such liability shall be joint and several. Also, if Developer violates any term or condition of this agreement, or if any payment is not made by Developer pursuant to this agreement the City, at its option, may refuse to issue building permits to any of the properties within the Subdivision on which the assessments have not been paid. VI. BUILDING PERMITS a. Subject to any other requirements in this Agreement, building permits may be issued upon approval of the Final Plat by the City Council at which time all required Financial Security must be in place with the City. b. City Sewer, Water, Storm Sewer, and Bituminous Base Construction of the Streets, temporary street signs, gas, electric, and telephone must be completed prior to issuance of building permits. c. A record drawing for overall plat grading shall be submitted prior to issuance of building permits for the Subdivision. VII. HOURS OF CONSTRUCTION ACTIVITY a. All construction activity shall be limited to the hours as follows: i. Monday through Friday 1 7:00 a.m. to 7:00 p.m. ii. Saturday 9:00 a.m. to 5:00 p.m. iii. Sunday and Holidays ilk No working hours allowed VIII. OWNERSHIP OF IMPROVEMENTS a. Upon completion and City acceptance of the work and construction required by this agreement, the Public Improvements lying within public rights of way or easements shall become City property. IX. INSURANCE a. Developer or its general contractor shall take out and maintain until one (1) year after the City has accepted the Developer Improvements, public liability and property damage insurance covering personal injury, including death, and claims for property damage which may arise out of the Developer's work or the work of his subcontractors or by one directly or indirectly employed by any of them. Limits for bodily injury and death shall be not less than Five Hundred Thousand and no/100 ($500,000.00) Dollars for one person and One Million and no/100 ($1,000,000.00) Dollars for each occurrence; limits for property damage shall be not less then Two Hundred Thousand and no/100 ($200,000.00) Dollars for each page 9 NorthPointe 2nd Addition Development Contract September, 2014 occurrence; or a combination single limit policy of One Million and no/100 ($1,000,000.00) Dollars or more. The City, its employees, its agents and assigns shall be named as an additional insured on the policy, and the Developer or its general contractor shall file with the City a certificate evidencing coverage prior to the City signing the plat. The certificate shall provide that the City must be given ten (10) days advance written notice of the cancellation of the insurance. The certificate may not contain any disclaimer for failure to give the required notice. X. REIMBURSEMENT OF COSTS FOR DEFENSE a. The Developer agrees to reimburse the City for all costs incurred by the City in defense of enforcement of this contract, or any portion thereof, including court costs and reasonable engineering and attorneys' fees if the City prevails in such action. XI. VALIDITY a. If a portion, section, subsection, sentence, clause, paragraph or phrase in this contract is for any reason held to be invalid by a court of competent jurisdiction, such decision shall not affect or void any of the other provisions of the Development Contract. XII. GENERAL a. Binding Effect i. The terms and provisions hereof shall be binding upon and inure to the benefit of the heirs, representatives, successors and assigns of the parties hereto and shall be binding upon all future owners of all or any part of the Subdivision and shall be deemed covenants running with the land. b. Notices i. Whenever in this agreement it shall be required or permitted that notice or demand be given or served by either party to this agreement to or on the other party, such notice or demand shall be delivered personally or mailed by United States mail to the addresses hereinbefore set forth on Page 1 by certified mail (return receipt requested). Such notice or demand shall be deemed timely given when delivered personally or when deposited in the mail in accordance with the above. The addresses of the parties hereto are as set forth on Page 1 until changed by notice given as above. c. Final Plat Approval page 10 NorthPointe 2nd Addition Development Contract September, 2014 i. The City agrees to give final approval to the plat of the Subdivision upon execution and delivery of this agreement and all required petitions, bonds, security, and documents including the following: 1. Homeowners Association documents shall be submitted to the City in recordable format including Bylaws and Articles of Incorporation. 2. A Grading Permit application shall be submitted and approved by City Staff prior to any grading or site work. 3. The Rice Creek Watershed District must review and issue a permit for the project prior to building permits being issued by the city for any new construction. 4. The Stormwater Maintenance Agreement has been executed for the overall NorthPointe Development as laid out in the Preliminary Plat documents. XIII. LAND USE CONTROLS -PLANNED UNIT DEVELOPMENT a. NorthPointe 2nd Addition is a Planned Unit Development (PUD) as approved by the City Council by Ordinance No. 02-14 and Resolution No. 14-21. b. The PUD provides the following flexibilities: i. Lot size variations from 5,502 s.f. to 21,923 s.f. (Minimum lot size for R- 2, Two Family Residential District is 7,500 s.f.). ii. Reduced right of way widths for Streets G, H & K from 60 feet to 50 feet. iii. Reduced street pavement width for Streets C (south of Street B), D, E, F, G, H, I, K from 32 feet to 28 feet. iv. Reduced corner lot "side" setback from 25 feet to 20 feet for lots along Street G, H and J. v. Five (5) foot side yard setbacks for 50 foot wide lots. vi. Mixed residential density development of single family and multi -family. vii. Allowance for variation in garage building design standards of the R-2 District requiring: 1. All single family dwellings shall have a minimum double garage. 2. All single family dwellings shall include a front porch that is covered, unenclosed and a minimum of 6 feet in depth. page 11 NorthPointe 2nd Addition Development Contract September, 2014 3. All single family dwelling and garage elevations shall include a variation in exterior building materials such as brick, stone, rock face, concrete block, wood, stucco, vinyl, steel, fiber cement and aluminum siding. 4. Side or rear loaded garages are permitted. The elevation facing the street shall require a minimum of one (1) window. 5. The garage doors shall incorporate architectural design features such as decorative windows, panels, hinges, etc. 6. Garages in excess of two stalls shall be broken up so the additional stalls are recessed from the main garage facade. 7. Garage width does not exceed 32 feet. c. The regulations and performance standards of the zoning ordinance and R-2 Two Family Residential District will be in effect unless otherwise stated in this resolution. d. Outlot B of the approved Preliminary Plat shall be developed in a future phase as follows: i. Age -restricted (55+ years of age) multiple family dwelling consistent with the regulations of the R-4, High Density Residential District. ii. Underground parking for 50% of the required stalls. iii. Density of 20 to 25 dwelling units per acre. e. Future development of Outlot B of the approved Preliminary Plat shall require a PUD Final Plan/Final Plat, Development Contract and Site Plan Review. XIV. VIOLATIONS/BUILDING PERMITS a. In the event that Developer violates any of the covenants and agreements contained in this Development Contract and to be performed by the Developer, the City, at its option, in addition to the rights and remedies as set out hereunder may refuse to issue building permits and/or Certificate of Occupancies to any property within the Subdivision until such time as such default has been corrected to the satisfaction of the City. XV. PARK DEDICATION a. City ordinance requires Park Dedication fee for this site is calculated as follows: 40 units x $2,500 = $100,000 XVI. PROPERTY TAXES page 12 NorthPointe 2nd Addition Development Contract September, 2014 a. Should the recording of the Final Plat occur after July 1, any and all property taxes on any public property dedicated as a part of this plat shall be the responsibility of the Developer. Dollars shall be incorporated into the escrow agreement to cover the cost of said property taxes. page 13 NorthPointe 2nd Addition Development Contract September, 2014 DEVELOPER CITY OF LINO LAKES Developer STATE OF MINNESOTA ) ) ss. COUNTY OF ANOKA ) By Mayor ATTEST: By City Clerk On this day of , 2014, before me, a Notary Public within and for said County, personally appeared (Mayor) and (City Clerk), to me known to be respectively the Mayor and Clerk of the City of Lino Lakes, and who executed the foregoing instrument and acknowledge that they executed the same on behalf of said City. �. Notary Public STATE OF MINNESOTA COUNTY OF ANOKA ) ss. On this day of for said County, personally appeared _ (Developer), who executed the foregoing instrument. , 2014, before me, a Notary Public within and Notary Public This instrument was drafted by: page 14 NorthPointe 2nd Addition Development Contract September, 2014 City of Lino Lakes 600 Town Center Parkway Lino Lakes, Minnesota 55014 page 15 ATTACHMENT A Legal Description for North Pointe 2°d Addition Oudot B and C NorthPointe recorded plat Anoka County, Minnesota 66 - Li] Li] %L GO I o z 73 00 I 00 c 0 IN oco I I\ I \ II \ R S00°18'29"E 385.91 / \ w H- z_ O a- 0 z 4- o 0300 o0o °' � M Z J 73 I- W W W 66 1 z \ 170.91 \ q \ cc \ c 0;.20 \ yJ \ N \ 0( 1 \ z w a- 0 a- 0) O 0 0 O \ 25.00 25.00 25 25 � I W w O � 4 ID �r ° a1-) z z 074 CO 25 25o� � - W 4.1 N 0 0.1 0II 65.00 • 0 M 50.00 Iw 10 I 1.42 2 cc 50.00 O O 0 50.00 0I O `--East line of Outlot C, NORTHPOINTE I I v N00°1 8'29"W 308.32 T I I L_ 55.00 /-0-10 Li 17 I O „ l0 4" rn o co w z o/ O 0 \J10 55.00 308.78 55.00 1 wl 01 5 rn z 10L --J 55.00 O 0 50.00 50.00 21ST AVENUE SOUTH S00°18' 4 29"E 464. 449.64 50.00 50.00 S00°18'29"E 50.00 L- 50.00 T C p R 914.63 S00°18'29"E 4 7 "e 14/ ''\N i has / 387.74 >Existing Drainage & Utility Easement per the plat of NORTHPOINTE i \ ho C� oOCO cb Crc Co NC) ip O 43.01 • R=631.25 • .A=03°54'13" C.B.=S63°14'27"W a � NoR / 805°24'28"W �a\�o� a �5 43.41 y�g Ore P a� / 0- - 47.14 805°24'08"W w Iw 48.78 �G 0 10 9 II IZ I I I I0, cc 53.26 O -c O N N z C.B.=S05°5 '36 E p-11°16, 15 / R=320.00 i 62.95 I ,o R=350.00 0 0 68.85_ /► i� C.L.=68.74"Eo 0 18.88 �' �JC.B.=S05°56 36 'o 1•0 N89°41'31"C"----- `SO or) O * 0 O O III el Ila 30_ 0 cj cN rn � 0 cC I Q '<-3p ca`L p(`L o \ 1'59"36)(1.. , \G D-,5 0 G• 163.36 / ,30 \ \ 1 -0.46/ DETAIL A: Not to Scale z Q GRAPHIC SCALE 0 30 60 120 (SCALE IN FEET) 1 INCH = 60 FEET rn Carlson McCain ENVIRONMENTAL - ENGINEERING SURVEYING \ 520.16 \\S00°18'29"E k1 West line \ ti" \ of Outlot C, NORTHPOINTE-- \\ °\s \ cD O s ?tS. \ ° \ sem. \ ° O to o\<, \\ o�R \ \ \ oz ao \ \ %-D00 0 \ \ \ 006 �\ \ vp\ DRAINAGE AND UTILITY EASEMENTS ARE SHOWN THUS: 5-= 5 0 being 5 feet in width, and adjoining side lot lines, and 10 feet in width and adjoining right of way lines and rear lot lines unless otherwise shown on this plat. For the purposes of this plat, the West line of Outlot B, NORTHPOINTE, is assumed to have a bearing of North 00 degrees 23 minutes 08 seconds West. Denotes 1/2 inch by 14 inch iron monument set O or to be set within one year of recording of this plat and marked with license number 40361 ® Denotes Found Iron Monument marked with RLS 40361 unless otherwise noted of Outlot B, NORTHPOINTE Is 0 z z Si a - O 0 NI cal w 1'0 CO °' oo O t.0 z 140.03 -. NO0°18'29"W 9 140.04 N Ic 1 N1 O OI N N00°18'29"W 10 --- 140.04 N O 10 F N 0 .I N00°18'29"W - - 11 CI` o 140.04 \ 0 I N N00°18'29"W 12 140.04 - N O I OI \16.78 0 /\L_--- 140.04 _ J N00°18'29"W F- 7 -D to 2 13 0 N00°18'29"W 7 C'D\ \ d‘C.D00�. L0 `14 N �\ /5°s. �r\ \)7 vs \ rn \ Drainage n\ \Utility Easement o PALM STREET 30 \ 09 \ N '\‘')i S, ° s'1) \/// F 7 as° ` et) \ / o > \\, / O 49.95 I 59.53 00 \N-4==08°58'33" 4R�38 -�, 0. \\\N R41.27p.00 B `S07°05'27"E ---,6,=08°46'50„ C.L.-=41.34 • C.B.=N83°00'20"E ooN 00..64. 04 N o �c II 4 �N. 43\ \C3 9 \cb N05°°9'49"\14 i' 125.24 30 / r CI RI R 1 N00°23'08"W I 125.04 r I 2 I r N N N L N00°23'08"W • OUTLOT B 125.03 P I I Nl N NI I I N00°23'08"W 3 1N N I"' N 7 501 N N 125.03 4 _Drainage & f/- Utility Easement _ \ L 4' 125.04 _ O - 4' Ig N IM N --,20.00t87.1610.08`• -LIFT - 87.27 1 N06°54:33 "W 5 S89°36'52"W 35.46 15 ,<,,/ \ Rs °h/ Lri 16 NI 117.03 70.00 3 70.00 00 R 70.00 70.00 10 104)1 00 PALM 70.00 LU i0-0 17 0 12 70.00 J N R 82 S'\ 6° 454.38 r� ca - - 111- .69 SO0°52'48"E N07°13 46 W '---West line of Outlot C, NORTHPOINTE 313.10 70 00 8. oo cn 70.00 306.49 STREET 70.00 70.00 70.00 7. 61.03 LU 70.00 70.00 472.31 NOO°23'08"W N. -West line of Outlot B, NORTHPOINTE 0 0 70.00 LU 0 ig 20 70.00 70 98 co IN co in ron co N4 coN op t0o) co CITY OF LINO LAKES COUNTY OF ANOKA NORTHPOL\ TE 2\D ADDITION KNOW ALL PERSONS BY THESE PRESENTS: That Tony Emmerich Construction, Inc., a Minnesota corporation, owner of the following described property: Outlots B and C, NORTHPOINTE, according to the recorded Plat thereof, Anoka County, Minnesota. Has caused the same to be surveyed and platted as NORTHPOINTE 2ND ADDITION and does hereby dedicate to the public for public use the public ways and the drainage and utility easements as shown on this plat. In witness whereof said Tony Emmerich Construction, Inc., a Minnesota corporation, has caused these presents to be signed by i t s proper officer this day of , 20 TONY EMMERICH CONSTRUCTION, INC. Anthony J. Emmerich, President STATE OF COUNTY OF a_ This instrument was acknowledged before me on by F- Anthony J. Emmerich, President of Tony Emmerich Construction, Inc., a Minnesota corporation, on behalf of the corporation. 0 Notary Public, My commission expires I Thomas R. Balluff do hereby certify that this plat w a s prepared by me or under my O • direct supervision; that I am a duly Licensed Land Surveyor in the State of Minnesota; that this plat is a correct representation of the boundary survey; that all mathematical data and labels are correctly designated on this plat; that all monuments depicted on this plat have been, or will be correctly set within one year; that all water boundaries and wet lands, as defined in Minnesota Statutes, Section 505.01, Subd. 3, as of the date of this certificate are shown and labeled on this plat; and all public ways are shown and labeled on this plat. Dated this day of 20 Thomas R. Balluff, Licensed Land Surveyor Minnesota License No. 40361 STATE OF COUNTY OF This instrument was acknowledged before me on by Thomas R. Balluff. Notary Public, My commission expires CITY COUNCIL, CITY OF LINO LAKES, MINNESOTA This plat of NORTHPOINTE 2ND ADDITION was approved and accepted by the City Council of the City of Lino Lakes, Minnesota at a regular meeting thereof held this day of , 20 and said plat is in compliance with the provisions of Minnesota Statutes, Section 505.03, Subd. 2. CITY COUNCIL, CITY OF LINO LAKES, MINNESOTA By: , Mayor By: , Clerk COUNTY SURVEYOR I hereby certify that in accordance with Minnesota Statutes, Section 505.021, Subd. 11, this plat has been reviewed and approved this day of , 20 By: Larry D. Hoium Anoka County Surveyor (47)5 ...goLnLco;B:-.1,161345051:425'.54';,3.4 ,;....),144,./,47 1-11 81.07 00 rc,280.00 --,,,,,. COUNTY AUDITOR/TREASURER Pursuant to Minnesota Statutes, Section 505.021, Subd. 9, taxes payable in the year 20 land hereinbefore described have been paid. Also, pursuant to Minnesota Statutes, Section 272.12, there are no delinquent taxes and transfer entered this 20 day of on the R.... -.22n.„,0 14:45-;>- co Property Tax Administrator CN 1(2 CO 21 (RLS 12043)/ N CO COUNTY RECORDER/REGISTRAR OF TITLES A Ni County of Anoka, State of Minnesota I hereby certify that this plat of NORTHPOINTE 2ND ADDITION was filed in the office of the County Recorder/Registrar of Titles for public record this day of , 20 at o'clock .M. and was duly recorded in Book Page as Document Number County Recorder/Registrar of Titles ATTACHMENT B SUMMARY OF IMPROVEMENT COSTS DEVELOPER INSTALLED IMPROVEMENTS PROJECT NAME: NorthPointe 2nd Addition APPLICANT: Tony Emmerich Construction, Inc. NUMBER OF REU's: 40 ASSESSED AREA (ac.): 21.75 BUDGET DEVELOPER CITY ESCROW ITEM NECESSARY IMPROVEMENTS COST NOTE IMP. (X) IMP. (Y) AMOUNT (Z) 1 SITE GRADING Estimate e 2 EROSION CONTROL Estimate e $30,000 3 SITE ENGINEERING & SURVEYING Estimate e $67,200 4 LANDSCAPING Estimate e A. Seed, Fert., and Mulch Estimate e $42,000 B. Wetland Mitigation Estimate e 5 STREETS A. Subgrade/Base Course Estimate e $356,500 B. Wear Course Estimate e 6 STORM SEWER CONST. A. Trunk Estimate e B. Lateral Estimate e $140,000 C. Surface Water Mgmt. $0.115/sf a $108,954 7 SANITARY SEWER CONST. A. Trunk Unit Charge (REU) $2,975/unit a $119,000 B. Lateral Estimate e Phase 1 C. Trunk Credit Estimate e 8 WATERMAIN CONST. A. Trunk Unit Charge (REU) $3,854/unit a $154,160 B. Lateral Estimate e Phase 1 C. Trunk Credit Estimate e NOTE: TOTALS: See Attachment C for security amounts to be posted a: Cost by City policy b: Estimated Cost or Budget by City c: Previously Assessed d: Cash Requirement per Agreement with Park Board e: Provided by Developer f: Estimate by Feasibility Study $0 $1,017,814 $0 9/17/2014 City of Lino Lakes ATTACHMENT C CITY FEES DEVELOPER INSTALLED IMPROVEMENTS PROJECT NAME: NorthPointe 2nd Addition NUMBER OF REU's: 40 APPLICANT: Tony Emmerich Construction, Inc. ASSESSED AREA (ac.): 21.75 BUDGET DEVELOPER CITY ESCROW ITEM NECESSARY IMPROVEMENTS COST NOTE IMP. (X) AMOUNT (Y) AMOUNT (Z) 1 PLANNING/REVIEW A. Planner Review $1,500 b $1,000 2 ADMINISTRATION A. Administration/Legal/Publications 3% of const. b $30,530 3 ENGINEERING A. Plan/Plat/Grading Review $2,500 b $2,500 B. Construction Services $2,500 b $2,500 C. Construction Staking $0 b $0 D. City Engineering $2,500 b $2,500 4 DEVELOPMENT FEES A. Park Dedication Fee $2500/unit d $100,000 B. Park Dedication Credit C. Sealcoating Fee $0.30/SF b $13,440 D. Aerial Photo Fee 90/unit b $3,600 E. AUAR Fee $265/acre a $5,764 F. Street Lighting - operation $265/light b $1,060 5 BOULEVARD TREE PLANTING $465/tree b $20,460 6 DEVELOPMENT SECURITIES A. Tree Preservation 95/unit b $0 B. Street Lighting - installation $2,500 a $10,000 C. Traffic Signing $500 a $1,500 D. Street, Storm Sewer, Pond Maint. b $1,500 SUBTOTAL: $0 $0 $196,354 Grading Only Escrow Credit $0 $0 TOTALS: $0 $196,354 SECURITY AMOUNTS TO BE POSTED Att. B Att. C Total X = DEVELOPMENT IMPROVEMENT COSTS X 1.25 (PUBLIC SURETY) $0 $0 $0 Y = CITY IMPROVEMENT COSTS X 0.35 (LETTER OF CREDIT) $356,300 $0 $356,300 Z = CITY FEES X 1.0 (CASH ESCROW) $0 $196,354 $196,354 NOTE a: Cost by City policy b: Estimated Cost or Budget by City c: Previously Assessed d: Cash Requirement per Agreement with Park Board e: Provided by Developer f: Estimate by Feasibility Study 9/17/2014 City of Lino Lakes CITY COUNCIL AGENDA ITEM 6Bi STAFF ORIGINATOR: Michael Grochala, Community Development Director MEETING DATE: September 22, 2014 TOPIC: Consider Resolution No. 14-108, Approving Plans & Specifications and Authorizing Advertisement for Bids, Well No. 6 VOTE REQUIRED: 3/5 Vote Required INTRODUCTION Staff is requesting Council authorization to approve plans and specifications and authorize advertisement for bids for the construction of Well No. 6. BACKGROUND In accordance with the City's Comprehensive Water Supply Plan, construction of Well No. 6 was recommended to accommodate the City's municipal water demand. The well will be located at Birch Park on property acquired as part of the Preserve at Lino Lakes project. The estimated project cost is $250,000. Funding for the improvement is provided from the City's Area and Unit Trunk Fund. The estimated schedule for this project is as follows: City Council Authorizes Advertisement for Bids Bid Opening City Council Consider Accepting Bids Construction Start RECOMMENDATION September 22, 2014 October 22, 2014 October 27, 2014 November 2014 Staff recommends adoption of Resolution 14-108 Approving Plans and Specifications and Authorizing Advertisement for Bids for the construction of Well No. 6. ATTACHMENTS 1. Resolution No. 14-108 2. General Location Map CITY OF LINO LAKES RESOLUTION NO. 14-108 RESOLUTION APPROVING PLANS AND SPECIFICATIONS AND AUTHORIZING ADVERTISEMENT FOR BIDS WELL NO. 6 WHEREAS, in accordance with the City's Comprehensive Water Supply Plan, construction of Well No. 6 is planned for construction to meet the municipal water demand; and WHEREAS, the project is necessary, cost-effective and feasible; and WHEREAS, pursuant to City Council Resolution No. 14-51, Stantek Inc., has prepared plans and specifications for the making of such improvement. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lino Lakes, Minnesota that: 1. Such plans and specifications, a copy of which are made part hereof, are hereby approved. 2. The City Clerk shall prepare and cause to be inserted in the official paper and in Finance and Commerce an advertisement for bids for the making of such improvement under such approved plans and specifications. The advertisement shall be published for two weeks, shall specify the work to be done, shall state that bids will be received by the Clerk, at which time they will be received by the clerk until 1:00 p.m. on October 22, 2014, at which time they will be publicly opened at the City Hall by the City Clerk and Engineer, will then be tabulated, and will be considered by the Council at 6:30 p.m. on October 27, 2014, in the Council chambers of the City Hall. Any bidder whose responsibility is questioned during consideration of the bid will be given an opportunity to address the Council on the issue of responsibility. No bids will be considered unless sealed and filed with the Clerk and accompanied by a cash deposit, cashier's check, bid bond or certified check payable to the Clerk for five (5) percent of the amount of such bid. Adopted by the Council of the City of Lino Lakes this 22th day of September, 2014. The motion for the adoption of the foregoing resolution was introduced by Council Member and was duly seconded by Council Member and upon vote being taken thereon, the following voted in favor thereof: The following voted against same: Jeff Reinert, Mayor ATTEST: Julianne Bartell, City Clerk g 2 N 2 -III°.11„..,E :r:,,,_1�\IIIIII�I� Nom WI sy±eiti im* rpm-' IIIIIIIIIIIIIIIIIIIIIII 741.411111111 ■IIS - R 1111 =�� TZ&LMfall,.,,, m�nm11nm Aul"'1111111 '''',571&4151 ii: -�III1 41 � I eV rj•ZI Il—UNPIL _ r Pis am 1E itit. -.E':111 = n ,........... III IIIIIIIIlJ�lPM imml 0 in II ��! ' No IIII ® I! WO IV ''rr■. \r L7 llht�l II(II. I-- 1‘111`.1//c-▪ - 14▪ a '1'71 1111111111111111 III I111111uII IL III/// li1111t-t111 IF -111 \ 11„ l � � I _„ �.:::rn► , LOCATION Y..- -- -- •-\IIIL �--Cedar Lake sm.. VICINITY MAP CONSTRUCTION OF WELL NO. 6 PROJECT NO. 193802886 24"0 CASING 18"0 INNER CASING GROUT 23"0 OPEN HOLE (TO BE DEVELOPED) /// \ N NN N N N N N N N 5' MIN. GROUND EL. 7;<\->;k‘\ zya% v fin <w> N N N N N N N N DRIFT r10' (OR REFUSAL) //i ±140 760 DEPTH ELEV. FT. FT. MSL 0 900 PRAIRIE DU CHIEN GROUP JORDAN SANDSTONE ST. LAWRENCE 90 810 205 695 290 610 0 CD 4-)C RI 4-) VI � E <13ei.1) , ,o u3 � � rn o N ti Q F- 0 LLJz Cz_ N W Q J 0 Z_ J CONSTRUCTION OF WELL NO. 6 LOCATION AND PROPOSED WELL NO. 6 PROFILE NO REVISION DATE SURVEY DRAWN MHL DESIGNED KBJ CHECKED KBJ APPROVED KBJ PROJ. NO. 193802886 SHEET NUMBER G1 .01 STAFF ORIGINATOR: MEETING DATE: TOPIC: VOTE REQUIRED: INTRODUCTION CITY COUNCIL AGENDA ITEM 6Bii Michael Grochala, Community Development Director September 22, 2014 Consider Resolution No. 14-109, Amending Resolution No. 14-52, Authorizing Preparation of Plans & Specifications, Well No. 6 Pumping Facility 3/5 Vote Required Staff is requesting Council approval to authorize Stantek Inc., to prepare plans and specifications for the construction of the Well No. 6 Pumping Facility BACKGROUND The City is currently preparing to construct (drill) Well No. 6. The design and construction of the well project is being managed by Stantek Inc. Upon completion of the well drilling a pumping facility will need to be constructed. The City Council previously took action in June of 2014 to authorize WSB and Associates to prepare the plans and specifications for the pumping facility. However, staff has determined that it would be more cost effective to have Stantek Inc., complete the pumping facility design. Stantek has provided the City with a proposal to provide the following services: Prepare preliminary and final design of well house Development contract documents for bidding Distribute, review, tabulate and recommend award of construction contract Construction administration and inspection Stantek is proposing to complete these services for $67,000, which is approximately $39,000 less than the amount we were able to negotiate with WSB and Associates. WSB, as City Engineer, will continue to provide oversight and administrative assistance with the project. RECOMMENDATION Staff recommends adoption of Resolution 14-109 Authorizing Preparation of Plans and Specifications for the construction of Well No. 6 Pumping Facility. ATTACHMENTS 1. Resolution No. 14-109 CITY OF LINO LAKES RESOLUTION NO. 14-109 RESOLUTION AMENDING RESOLUTION NO. 14-52 AUTHORIZING PREPARATION OF PLANS AND SPECIFICATIONS FOR THE WELL NO. 6 PUMPING FACILITY WHEREAS, in accordance with the City's Comprehensive Water Supply Plan, construction of Well No. 6 is planned for construction to meet the municipal water demand; and WHEREAS, the City Council approved Resolution No. 14-52, on June 9, 2014 authorizing WSB and Associates to prepare plans and specification for the construction of the Well No. 6 Pumping Facility; and WHEREAS, the City has determined that it would be more cost effective for Stantek Inc, which is also preparing the plans and specifications for the construction of the well, to prepare the Pumping Facility plans and specifications. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lino Lakes, Minnesota that: 1. Stanteck Inc., is hereby designated as the engineer for the project and is directed to prepare plans and specifications for the Well No. 6 Pumping Facility for a cost not to exceed $67,000. BE IT FURTHER RESOLVED that the previous designation of WSB and Associates as engineer for this project is hereby revoked. Adopted by the Council of the City of Lino Lakes this 22th day of September, 2014. The motion for the adoption of the foregoing resolution was introduced by Council Member and was duly seconded by Council Member and upon vote being taken thereon, the following voted in favor thereof: The following voted against same: Jeff Reinert, Mayor ATTEST: Julianne Bartell, City Clerk STAFF ORIGINATOR: MEETING DATE: TOPIC: VOTE REQUIRED: INTRODUCTION CITY COUNCIL AGENDA ITEM 6C Michael Grochala September 22, 2014 Consider Resolution No. 14-111, Approving 1st Amendment to Public Improvement Surety Agreement, NorthPointe 3/5 Staff is requesting council consideration to approve an amendment to the NorthPointe surety agreement. BACKGROUND The City Council approved the development contract and planned unit development agreement for NorthPointe by Resolution No. 14-48 on June 23, 2014. The development contract included a surety agreement to provide financial security for the proposed public improvements. The agreement required a financial security in the amount of $913,300 to be deposited with the escrow agent. This amount represented 125% of the estimated cost of improvements ($730,589). The developer has requested the ability to escrow the estimated cost of the improvements ($730,589) and provide the remaining financial security ($182,411) to the City in the form of a letter of credit. Staff has reviewed the request with the City Attorney who prepared the proposed First Amendment to the Public Improvement Surety Agreement. The amendment provides for the deposit of funds and the provision of a letter of credit for the remaining amount. The City routinely accepts letters of credit to secure the cost of public improvements. RECOMMENDATION Staff recommends adoption of Resolution No. 14-111. ATTACHMENTS 1. Resolution No. 14-111 CITY OF LINO LAKES RESOLUTION NO. 14-111 APPROVING FIRST AMENDMENT TO PUBLIC IMPROVEMENT SURETY AGREEMENT NORTHPOINTE WHEREAS, the City Council adopted Resolution No. 14-48, on June 23, 2014, approving the Development Contract and Planned Unit Development Agreement ("PUD Agreement) for NorthPointe; and WHEREAS, the PUD Agreement requires financial security of $913,300 to be escrowed with the Escrow Agent, that amount being 125% of the estimated cost of improvements ($730,589); and WHEREAS, the Developer desires to escrow the estimated cost of improvements ($730,589) with the Escrow Agent and provide the remaining financial security ($182,411) to the City in the form of a letter of credit; and WHEREAS, the City is amenable to receiving the remaining financial security in the form of a letter of credit that is acceptable to the City. NOW, THEREFORE BE IT RESOLVED by The City Council of The City of Lino Lakes hereby approves the First Amendment to Public Improvement Surety Agreement attached hereto. Adopted by the Council of the City of Lino Lakes this 22nd day of September, 2014. The motion for the adoption of the foregoing resolution was introduced by Council Member and was duly seconded by Council Member and upon vote being taken thereon, the following voted in favor thereof: The following voted against same: Jeff Reinert, Mayor ATTEST: Julianne Bartell, City Clerk FIRST AMENDMENT TO PUBLIC IMPROVEMENT SURETY AGREEMENT NorthPointe This Amendment is entered into on September , 2014, by Registered Abstractors, Inc. ("Escrow Agent"), City of Lino Lakes, and Tony Emmerich Construction, Inc. ("Developer"), all parties to the original Public Improvement Surety Agreement, which is Attachment D to the Development Contract & Planned Unit Development Agreement for NorthPointe ("PUD Agreement") dated August 8, 2014. RECITALS WHEREAS, the PUD Agreement requires financial security of $913,300 to be escrowed with the Escrow Agent, that amount being 125% of the estimated cost of improvements ($730,589); and WHEREAS, the Developer desires to escrow the estimated cost of improvements ($730,589) with the Escrow Agent and provide the remaining financial security ($182,411) to the City in the form of a letter of credit; and WHEREAS, the City is amenable to receiving the remaining financial security in the form of a letter of credit that is acceptable to the City. NOW, THEREFORE, in consideration of the foregoing recitals and other good and valuable consideration, it is agreed between the parties as follows: 1. Paragraph 1 of the August 8, 2014, Public Improvement Surety Agreement is hereby deleted and replaced with the following: "1. Developer will deposit funds in the amount of $730,589 with the Escrow Agent. In addition, Developer will provide the City with an irrevocable letter of credit ("LOC") in the amount of $182,411. The LOC may not expire or be reduced in amount, revoked or otherwise modified without the City's written consent. The LOC is for the sole benefit of the City and may be drawn upon by the City in the event the Developer fails to satisfy its obligations under the PUD Agreement and the escrowed funds are insufficient or are otherwise unavailable. The form of the LOC shall be approved by the City and shall be issued by a United States financial institution acceptable to the City in its sole discretion." 2. All other terms of the Public Improvement Surety Agreement remain unchanged. REGISTERED ABSTRACTORS, INC. Jan Thomas, President STATE OF MINNESOTA ) ) ss. COUNTY OF ANOKA ) On this day of September, 2014, before me, a Notary Public within and for said County, personally appeared Jan Thomas (Escrow Agent), who executed the foregoing instrument. Notary Public TONY EMMERICH CONSTRUCTION, INC. Anthony J. Emmerich STATE OF MINNESOTA ) ) ss. COUNTY OF ANOKA ) On this day of September, 2014, before me, a Notary Public within and for said County, personally appeared Anthony J. Emmerich (Developer), who executed the foregoing instrument. Notary Public CITY OF LINO LAKES By Jeff Reinert, Mayor ATTEST: By Julianne Bartell, City Clerk STATE OF MINNESOTA ) ) ss. COUNTY OF ANOKA ) On this day of September, 2014, before me, a Notary Public within and for said County, personally appeared Jeff Reinert (Mayor) and Julianne Bartell (City Clerk), to me known to be respectively the Mayor and Clerk of the City of Lino Lakes, and who executed the foregoing instrument and acknowledge that they executed the same on behalf of said City. Notary Public CITY OF LINO LAKES RESOLUTION NO. 14-112 APPROVING SECOND AMENDMENT TO PUBLIC IMPROVEMENT SURETY AGREEMENT NORTI3POINTE WHEREAS, the City Council adopted Resolution No. 14-48, on June 23, 2014, approving the Development Contract and Planned Unit Development Agreement ("PUD Agreement) for NorthPointe; and WHEREAS, the City Council adopted Resolution No. 14-111, on September 22, 2014, approving the First Amendment to the Public Improvement Surety Agreement; and WHEREAS, the First Amendment requires the payment of financial security of $730,589.00, in cash, to be deposited with Escrow Agent and a Letter of Credit posted with the City in the amount of $182,411.00; and WHEREAS, First National Bank of Elk River ("Bank") has required that the Surety Agreement be further amended to provide that the cash which is being deposited with Escrow Agent is a loan from the Bank to the Borrower, and said cash shall be deposited in an account held at the Bank in the name of the Escrow Agent under certain terms and conditions acceptable to the Bank, and said Surety Agreement shall further include restrictions on draws or the release of funds from said escrow account by all Parties including the Bank. NOW, THEREFORE BE IT RESOLVED by The City Council of The City of Lino Lakes hereby approves the Second Amendment to Public Improvement Surety Agreement attached hereto subject to final review and approval of the City Attorney. Adopted by the Council of the City of Lino Lakes this 22nd day of September, 2014. The motion for the adoption of the foregoing resolution was introduced by Council Member Kusterman and was duly seconded by Council Member Rafferty and upon vote being taken thereon the following voted in favor thereof: Kusterman, Rafferty, Stoesz, Roeser, Reinert The following voted against same: none ATTEST: quatuaazly and atp uT pauTjap suuauzanozdtur Jo sisoo atp. zoj luatuasznqu,«az trntp zatpo asn Xue zoj xtm000y mozosg pies wag spund site mazptp.1m. zo spund due 001411100 01 pamo[le aq 1u00y mozosg Iler{S 1.u0n0 OU tI •zadoTana( pue zamo.rzog uaamnq }uauma i2y tueo' pue `Tuatuaaz2y TuauTdoianaQ `luataaazfy /.lazes urensxnd panlduzoo pun ua}lepapun sauamanozdm1 zoJ sm-exp z0J 4;10 pazijiin aq Ileus ltm000y mozosg atp. Imp sa0palmouDToe uraOy mozosg mozosg ate jo aumeu atp ti ppq pue („i m000y mozosg„) }Tung atp xe T.un000y mozosg -an tT pausodap aq Ileus spund ueo' atls, •(«spund ueo'„ ioietuazat{) )lung atp tuozJ paznoas sell zamozzog/zadolanaU atp goitlm punt treat alp. sluasazdaz 00'68S`0EL$ Jo umotte atp uT spunj jo lisodap ouj •I„ :aouaivas 2urmolloJ atp unppe Aq paTgipotu Jatp.mj aq Ileus maurpuauzy. Isztd atp jo I gdez2exed :smoJloJ se sassed atp uaam3Oq 1.uatuaaae sp.! `uoi1.ezapisuoo algenten pure poo0 zatpo pue sTeuoaz OuTO OzoJ atp Jo uonezapisuoo tTz `g2IOdg2IIFT•T. `A.ON •Treg atp 0tipnTotu sogii Ite Sq 1.un000e mo.JOSO puns uzozu sptmj Jo asealaz Otp zo smell) to suot1orz1.saz apnlouT zatp.n TITS auauzaaay ioxns pros pue 'Ting alp. ox aTgelda000e SUOijJpuoo pue scum. uLeuao zapun luo2y mozosg atp jo °ulna alp m q eg atp. xe plat Tun000e ue m pausodap aq Hells tuna puns pile `.zamouog am Nang atp wag teat e sT xuay mozosg tpim pausodap 2uiaq sr goit{m gseo alp Tetp apinozd o� papuaure zatT aq luauTaai y 1Ljazns atp 1.e-cp. pazinbaz sett 3Tueg atp `Syg2Ia-IA1 PAe `•00' I I b`Z8I $ Jo Mame atp tri �i0 atp. gum pa1sod 1ipaz0 jo IOua-I e pun luay mozosg tpim pausodap aq In `00.68S`0£L$ Jo ku.moas IeioueuTJ Jo 1uauzked atp sannbaz 1uatupuauuy 1.szid 011. `sva I31 -1A1 S'I 1I0a2I •(«qtzeg„) uoneToosse OuDTtTeq Teuoneu e `zaADJ ) [JO Ting Iet011.eN 1.Sz1d pun `(«lUomooiZy and„) 1bIOZ `81.sn2ny paiep a1uiocppzoN zoJ uuatzaazay 1.uauzdolanaQ Llan pauun1d ag 1..oez1to0 1uaurdolanaU uTe1zaa 1.etp o1. (Jaatuaaz2y„ if[OnnoaTloo) Q irgrgxg sn pagoeue axe tlocgm. («1uampuauuy 1.szid„) 1uauIaaz y Rams 1uaLuanozdurl oijgnd ox 1.uatupaauzy 1SZTd pun („ant zaaay klaxns„) umuzaazay dams 1uaulanozduzl oiJgnd p m uo alp o� sailed `(„xadotanaU„) uoi1.ezodzoo elosautuw e `•0111 `u0i1Ofl.11suo0 t{oizauzuzg Atos `(«x.10„) swing otwj jo i0 `(„ uo y mozosg„) uouezodzoo mosauum e `•ouJ `szon1.1 scry paza1s.paZl `i I OZ ` zagtuaa.das to o1 11 paza1ua Si INarAIQN JAW Qr[OOgS sun a1.Uodt[IOM Li�I�AI��2I0�' r JaaIlS-.LNaIAI AO2IHAII OIrI d O L ,LNMARI IafIAIV QNIOOaS The Letter of Credit shall be for a one (1) year period and automatically renewed for successive one (1) periods unless the Bank notifies the City of its termination or there is a draw on the Letter of Credit by the City prior to its expiration." 2. Restrictions on Withdrawal of Funds from Escrow Account. Regardless of any provision to the contrary within the Public Improvement Surety Agreement, no Funds shall be released from the Escrow Account to the Escrow Agent for disbursement unless the same is approved by both the City and the Bank. 3. Paragraph 3 of the Surety Agreement shall be revised to provide that all items identified under said paragraph 3 shall be furnished to the City and to the Bank and must be approved by both the City and the Bank prior to any further distribution of any Escrow Funds by Escrow Agent. Paragraph 3 shall be further revised by adding the following: "If requested by Bank or Escrow Agent, Borrower shall also furnish to Bank and Escrow Agent a copy of each contract with each of the Contractors. Borrower shall keep the Escrow Agent and Bank advised at all times of the names of all Contractors, and of the type of work, material or services and of the dollar amount covered by each of their respective contracts with Borrower. It is understood that only Contractors whose names, contract descriptions and, after a request therefor, contracts have been furnished to Bank and Escrow Agent shall be entitled to receive disbursements under this Agreement. Borrower may obtain advances for disbursement to contractors only to the extent of the amount currently due to each Contractor for work satisfactorily completed or materials actually incorporated into the Project by such Contractor, less any retainage permitted to be withheld pursuant to such Contractor's contract, and Borrower agrees that all sums requested hereunder for disbursement to each Contractor shall not exceed that amount. Escrow Agent shall not be required to make the final advance for the payment of the full amount of each Contractor's contract until the Bank and City are satisfied that all of the work covered by such contract has been completed in accordance with the approved Plans, and all requirements set forth in the Loan Agreement and Development Agreement have been fully complied with, including, with respect to the General Contractor, the requirements to evidence Completion of the Improvements. Borrower shall also simultaneously submit to the City, Bank and Escrow Agent the following for each draw request: (a) A certificate relating to each Contractor which is to receive a disbursement from the Advance, signed by the Project Architect, if any, stating that each such Contractor has satisfactorily completed the work for which disbursement is requested. 00.000`SZ$ umpssaT STaouelpq punj -aaqm. TirBq am pup kup am. moq Sjpou Reqs Tway moiosa am. pup 1.ua4, moiosg am. 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Paragraph 11 of the Surety Aereement shall be revised to provide that the Escrow Agent, City and Bank do not ensure that the building or construction will be completed or when completed will be pursuant to the Plans and Specifications. 8. Paragraph 14 of the Surety Agreement shall be revised to provide any future amendment to the Surety Agreement shall only be approved by all Parties to this Agreement including, but not limited to, the Bank. 9. Paragraph 16 of the Surety Agreement shall be revised to provide that Escrow Agent shall provide fmancial statements to both the City and the Bank. 10. Paragraph 21 of the Surety Agreement shall be revised to provide that in the event the City has declared a default under the Development Contract/Planned Unit Development Agreement, this Agreement shall not terminate and all funds held in the Escrow Account shall remain held in said Escrow Account pending agreement between the City and the Bank as to the application of any funds held in Escrow and, in the event the Parties cannot agree to the same to a court of competent jurisdiction in connection with allocation of the funds. 11. Except as revised herein, all other terms and conditions of the Surety Agreement shall remain unchanged. ESCROW AGENT: Registered Abstractors, Inc., a Minnesota corporation By Its: CITY: City of Lino Lakes By: Jeff Reinert, Mayor ATTEST: By: Julianne Bartell, City Clerk VIOSaNNITAT dO aivis io joRucpci uo csaYfe-i oun jo AID attl jo JoicEN atp. 'tioz GIOO:11101dOS JO ict`p gall a -al aiojaq paf-mmoulou sem luournasul &r!o2o1oj tft ( •ss ( ( olignd ic.reloN AO AINI103 VIOSaNNIIN dO H1,VIS •uopuJodloo atp jo Re-goq uo `uopuiodloo tiosauum u "oui tiolo-escrv- paioispau jo $TOZ `Jaquialdas jo Sup sap ow aiojog po4aimotniou sum luounu4sa! 2-cuo2aloj luorNsoid 00!A armIl7TIA PolD :Ag AO AiNflOD VIOSHNI\IIN AO HIV'S uo-ge-possu uplueq. iuuoguu `.10ATU )11a JO 1-uug reuogemlsild aNIVEt Tuamsaid :sll Iu1w*f SLI0111.11V :Ag uogaiodioo -elosauuThr u "oul troponusuop -qopounug icuoi :11S310'1H.AHCI COUNTY OF ) ss. The foregoing instrument was acknowledged before me this day of September, 2014, by Anthony J. Emmerich, the President of Tony Emmerich Construction, Inc., a Minnesota corporation, on behalf of the corporation. Notary Public STATE OF MINNESOTA ) ) ss. COUNTY OF ) The foregoing instrument was acknowledged before me this day of September, 2014, by Chad Vitzthum, the Vice President of First National Bank of Elk River, a national banking association, on behalf of the association. Notary Public 635811-v1