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Home My WebLink About01/25/2022The City Council is meeting as a legislative body to conduct the business of the City according to Robert's Rules of Order and the Standing Rules of Order and Business of the City Council. Unless so ordered by the Mayoi, citizen participation is limited to the times indicated and always within the prescribed rules of conduct for public input at meetings. 1. CALL TO ORDER THE LAUDERDALE CITY COUNCIL MEETING 2. ROLL CALL 3. APPROVALS a. Agenda b. Minutes of the January 11, 2022 City Council Meeting c. Claims Totaling $102,709.20 CONSENT a. December Financial Report b. Quartei ly Investment Report 5. SPECIAL ORDER OF BUSINESS/RECOGNITIONS/PROCLAMATIONS 6. INFORMATIONAL PRESENTATIONS / REPORTS a. I -35W North Gateway Study Update by Mn/DOT Staff b. City Council Updates 7. PUBLIC HEARINGS Public heal ings are conducted so that the public affected by a proposal may have input into the decision. During hearings all affected residents will be given an opportunity to speak pursuant to the Robert's Rules of Order and the standing iules of order and business of the City Council. 8. DISCUSSION / ACTION ITEM a. Resolution No. 012522A — Declaring a Climate Emergency in Lauderdale, Minnesota b. Resolution No. 012522B — Lot Line Rearrangement at 1864 Malvern Street c. 2022 City Council Meeting Schedule d. 2022 Committee Appointments and Assignments ITEMS REMOVED FROM THE CONSENT AGENDA 10. ADDITIONAL ITEMS LAUDERDALE CITY COUNCIL MEETING AGENDA 7:00 P.M. TUESDAY, JANUARY 25, 2022 Due to the coronavirus the city council is holding meetings by teleconference. The public may view the meeting on Lauderdale's public access channel 16 for cable subscribers 01 online at https://www.ctvnorthsuburbs.org/your-city/lauderdale/. The public may join the meeting using the login instructions at the end of the agenda. The City Council is meeting as a legislative body to conduct the business of the City according to Robert's Rules of Order and the Standing Rules of Order and Business of the City Council. Unless so ordered by the Mayoi, citizen participation is limited to the times indicated and always within the prescribed rules of conduct for public input at meetings. 1. CALL TO ORDER THE LAUDERDALE CITY COUNCIL MEETING 2. ROLL CALL 3. APPROVALS a. Agenda b. Minutes of the January 11, 2022 City Council Meeting c. Claims Totaling $102,709.20 CONSENT a. December Financial Report b. Quartei ly Investment Report 5. SPECIAL ORDER OF BUSINESS/RECOGNITIONS/PROCLAMATIONS 6. INFORMATIONAL PRESENTATIONS / REPORTS a. I -35W North Gateway Study Update by Mn/DOT Staff b. City Council Updates 7. PUBLIC HEARINGS Public heal ings are conducted so that the public affected by a proposal may have input into the decision. During hearings all affected residents will be given an opportunity to speak pursuant to the Robert's Rules of Order and the standing iules of order and business of the City Council. 8. DISCUSSION / ACTION ITEM a. Resolution No. 012522A — Declaring a Climate Emergency in Lauderdale, Minnesota b. Resolution No. 012522B — Lot Line Rearrangement at 1864 Malvern Street c. 2022 City Council Meeting Schedule d. 2022 Committee Appointments and Assignments ITEMS REMOVED FROM THE CONSENT AGENDA 10. ADDITIONAL ITEMS 11. SET AGENDA FOR NEXT MEETING a. 1795 Eustis Street Development Update and Planning 12. WORK SESSION a. Community Development Update b. Opportunity for the Public to Address the City Council Any member of the public may speak at this time on any item not on the agenda. In consideration for the public attending the meeting, this poi tion of the meeting will be limited to fifteen (15) minutes. Individuals are requested to limit them comments to foul (4) minutes 01 less If the majority of the Council determines that additional time on a specific issue is warranted, then discussion on that issue shall be continued at the end of the agenda Before addressing the City Council, members of the public are asked to step up to the microphone, give their name, address and state the subject to be discussed. All remai ks shall be addressed to the Council as a whole and not to any member thereof. No person other than members of the Council and the person having the floor shall be permitted to entei any discussion without permission of the presiding officer. Your participation, as prescribed by the Robert's Rules of Order and the standing rules of order and business of the City Council, is welcomed and your cooperation is greatly appreciated. 13 ADJOURNMENT Meeting Login Instructions: You are invited to a Zoom webinar When: Jan 25, 2022 07:00 PM Central Time (US and Canada) Topic: January 25, 2022 City Council Webinar Please click the link below to join the webinar: https://us02web zoom.us/i/85751708929?pwd=WmZvUmVR7DZueVF4TnNnMCsSNFJBT 1T09 Passcode 735316 Or One tap mobile : US +16465588656„8575170892911 or +13017158592„85751708929# Or Telephone: Dial(foi higher quality, dial a number based on your current location): US: +1 646 558 8656 01 +1 301 715 8592 or +1 312 626 6799 or +1 669 900 9128 or +1 253 215 8782 or +1 346 248 7799 or 888 788 0099 (Toll Free) or 833 548 0276 (Toll Free) or 833 548 0282 (Toll Free) or 877 853 5247 (Toll Free) Webinar ID: 857 5170 8929 International numbers available: https://us02web.zoom.us/u/lcngLpVmHU LAUDERDALE CITY COUNCIL MEETING MINUThS HELD REMOTELY VIA TELF,CONFERENCE Page 1 of 3 January 11, 2022 Call to Order Mayor Gaasch called the Regular City Council meeting to order at 7:01 p.m. Roll Call Councilors present: Roxanne Grove, Duane Pulford, Jeff Dains, and Mayor Mary Gaasch. Councilor absent: Andi Moffatt. Staff present: Heather Butkowski, City Administrator; Jim Bownik, Assistant to the City Administrator and Miles Cline, Deputy City Clerk. Approvals Mayor Gaasch asked if there were any additions or corrections to the meeting agenda. There being none, Councilor Grove moved and seconded by Councilor Dains to approve the agenda. Motion carried unanimously on a roll call vote. Mayor Gaasch asked if there were any corrections to the December 14, 2021 City Council meeting minutes. There being none, Councilor Pulford moved and seconded by Counciloi Dains to approve the minutes of the December 14, 2021 City Council meeting. Motion carried unanimously on a roll call vote. Mayor Gaasch asked if there were any questions on the claims. There being none, Councilor Dains moved and seconded by Councilor Grove to approve the claims totaling $296,096.07. Motion carried unanimously on a roll call vote. Consent Councilor Grove moved and seconded by Councilor Pulford to approve the Consent Agenda thereby approving Resolution No. 011122A — Designating Official Depository and Investment Institutions. Informational Presentations/Reports A. City Council Updates Counciloi Dains stated that he attended a Mississippi Watershed Management Organization (MWMO) meeting on January 11 where Doug Snyder, Executive Director of the MWMO, announced that he will retire in March. Kevin Reich will be the interim director while they search for a permanent hire. Councilor Pulford shared that he is the treasury -secretary of the North Suburban Communications Commission. They are searching for a new director, with Dale Irving serving as the interim director. Mayor Gaasch spoke about the Regional Council of Mayors meeting on policing and public safety with Hennepin County attorney Mike Freeman and Ramsey County attorney John Choi. LAUD 1-i,RDAL ti; CITY COUNCIL Mti,ETING MINUTti,S HELD REMOTELY VIA ThLF,COKF1i,RENCF4, Page 2 of 3 January 11, 2022 Gaasch thanked Administrator Butkowski for her Star Tribune interview, which touched upon the senior affordable housing project at the former school site. Public Hearings A. Ordinance No. 22-01 Repealing Title 9, Chapter 5 of the Code of Ordinances Regarding HVAC and Gas Pipe Installation Licensing Requirements The City has an ordinance requiring that mechanical contractors qualify for a city license before being able to work here. This was adopted because the State of Minnesota does not have a licensing program. Some cities license contractors, while others do not. The new building official does not find the city license requirement necessary since mechanical contractors are bonded by the State of Minnesota. He feels that is assurance enough that a business is legitimate. The city attorney drafted language that would repeal the ordinance that established the licensing progiam. Mayor Gaasch opened up the floor at 7:11 p.m. to anyone in attendance interested in addressing the Council on this topic. There being no one interested in speaking, Mayor Gaasch closed the floor at 7:12 p.m. Councilor Grove made a motion to adopt Ordinance No. 22-01—Repealing Title 9, Chapter 5 of the Code of Ordinances Regaiding HVAC and Gas Pipe Installation Licensing Requiiements. This was seconded by Councilor Pulford and carried unanimously on a roll call vote. Discussion/Action Item A. Resolution No. 011122B – Declaring a Climate hmergency in Lauderdale Minnesota Mayor Gaasch is actively involved in the Minnesota Collaboration Climate Group. The mission of the group is to bring climate issues before city councils throughout the state. Mayor Gaasch made a presentation to the Council on behalf of the Minnesota Collaboration Climate Group and asked them to support a resolution. They discussed the draft iesolution and asked staff to add additional content for the next meeting. B. 2022 City Council Meeting Schedule The City Council sets its meeting schedule at the first meeting of the year. The proposal is to continue meeting the second and fourth Tuesdays of the month. Holidays do not conflict with the proposed meeting schedule but the piimary election in August does. A date for the August 9 meeting may be set during the meeting or at a later date. In the absence of Councilor Moffatt, the Council chose to wait for her return before finalizing the schedule. C. 2022 Committee Appointments and Assignments The Council determines committee assignments and makes othei designations at the first meeting of the year. Staff added the appointment of Andy Schreder and Rum River Construction Consultants as the City's building official. The Council decided to finalize appointments at the next meeting. LAUD E,RDAL F-4, CITY C OUN CIL MEETING MINUThS HhLD REMOTELY VIA TE,LE;CONWREN CE, Page 3 of 3 January 11, 2022 Set Agenda for Next Meeting The next Council meeting may include the December financial report, the quarterly investment report, and a I -35W North Gateway study update by MnDOT staff Work Session A. Community Development Update Butkowski stated that Gaspane Pond dredging would begin soon. There is a meeting scheduled with the apartment managers to discuss clime in the City. Dave Hinrichs officially retired on Decembei 31, and Tom Douvier started on January 4. Butkowksi attended a meeting hosted by New Brighton last week to discuss way beyond policing to address the metro wide increase in crime. The federal final guidance on the ARPA funds will allow cities to consider it lost revenue and the money can be spent for general government purposes. Real Estate Equities was awarded state tax credits and bonding authority so the 1795 Eustis Street project will move forward. B Opportunity for the Public to Address the City Council Mayor Gaasch opened up the floor to anyone in attendance interested in addressing the Council. There being no one interested in speaking, Mayor Gaasch closed the floor. Adjournment Councilor Pulford moved and seconded by Councilor Dains to adjourn the meeting at 7:55 p.m. Motion carried unanimously. Respectfully submitted, Miles Cline Deputy City Clerk To: From: Meeting Date: Subject: CITY OF LAUDERDALE LAUDERDALE CITY HALL 1891 WALNUT STREET LAUDERDALE, MN 55113 651-792-7650 651-631-2066 FAX Request for Council Action Mayor and City Council City Administrator January 25, 2022 List of Claims The claims totaling $102,709.20 are provided for City Council review and approval that includes check numbers 27762 to 27779. Accounts Payable Checks by Date - Detail by Check Date User: Printed: iniles.cline 1/21/2022 10:53 AM Check No Vendor No Vendor Name Invoice No Description Check Date Reference Check Amount ACH 34 AFSCME MN Council 5 PR Batch 50200.01.2022 Union Dues ACH 43 ACH 44 ACH 45 ACH 46 01/21/2022 PR Batch 50200.01.2022 Unic Total for this ACH Check for Vendor 34: Public Employees Retirement Association PR Batch 50200.01.2022 PERA Coordinated PR Batch 50200.01.2022 PERA Coordinated 01/21/2022 PR Batch 50200.01.2022 PER PR Batch 50200.01.2022 PER Total for this ACH Check for Vendor 43: Minnesota Department of Revenue PR Batch 50200.01.2022 State Income Tax 01/21/2022 PR Batch 50200.01.2022 Stat Total for this ACH Check for Vendor 44: ICMA Retirement Corporation PR Batch 50200.01.2022 Deferred Comp PR Batch 50200.01.2022 Deferred Comp 01/21/2022 PR Batch 50200.01.2022 Def( PR Batch 50200.01.2022 Dell Total for this ACH Check for Vendor 45: Internal Revenue Service PR Batch 50200.01.2022 FICA Employee Portio PR Batch 50200.01.2022 FICA Employer Portio: PR Batch 50200.01.2022 Medicare Employer Po PR Batch 50200.01.2022 Federal Income Tax PR Batch 50200.01.2022 Medicare Employee Pc AP Checks by Date - Detail by Check Date (1/21/2022 10:53 AM) 01/21/2022 PR Batch 50200.01.2022 FIC, PR Batch 50200.01.2022 FIC, PR Batch 50200.01.2022 Med PR Batch 50200.01.2022 Fed( PR Batch 50200.01.2022 Med Total for this ACH Check for Vendor 46: Total for 1/21/2022: Report Total (5 checks): 164.64 164.64 1,035.90 1,195.26 2,231.16 702.41 702.41 1,288.76 1,213.33 2,502.09 1,236.11 1,236.11 289.12 1,901.74 289.12 4,952.20 10,552.50 10,552.50 Page 1 Accounts Payable Checks by Date -Detail by Check Date User: Printed: miles.cline 1/21/2022 10:54 AM Check No Vendor No Vendor Name Invoice No Description 27762 20 452578 452578 452578 27763 65 18034690 27764 184 4105856462 4105856462 4107861992 4107861992 27765 36 0230617 27766 29 4150 27767 2 IN48302 IN48303 27768 192 137948272 27769 25 PUBW-019522 27770 9 244842 27771 61 Abdo Eick & Meyers LLP 2021 Audit 2021 Audit 2021 Audit Allstream Inc. Fax Line Cintas December Uniforms December Uniforms January Uniforms January Uniforms City of Roseville January IT Services City of St Anthony January Police Services City of St Paul Lighting Services - Lab & Equip Warehouse Services - Material Comcast Holdings Corporation January Internet County of Ramsey December 2021 Snow Removal Genuine Parts Company Inc Truck Battery Gopher State One Call Check Date Reference 01/25/2022 Total for Check Number 27762: 01/25/2022 Total for Check Number 27763: 01/25/2022 Total for Check Number 27764: 01/25/2022 Total for Check Number 27765: 01/25/2022 Total for Check Number 27766: 01/25/2022 Total for Check Number 27767: 01/25/2022 Total for Check Number 27768: 01/25/2022 Total for Check Number 27769: 01/25/2022 Total for Check Number 27770: 01/25/2022 Check Amount 780.00 3,640.00 780.00 5,200.00 52.42 52.42 6.04 6.03 6.04 6.03 24.14 1,802.97 1,802.97 66,856.88 66,856.88 350.00 80.83 430.83 413.00 413.00 5,198.86 5,198.86 151.99 151.99 AP Checks by Date - Detail by Check Date (1/21/2022 10:54 AM) Page 1 Check No Vendor No Invoice No 2000529 27772 134 00120 27773 185 012022 012022 012022 27774 114 938 27775 4 INV 1303 INV 1303 INV 1304 INV 1304 27776 90 9896274621 9896274621 9896274621 27777 7 9056019-0500-3 27778 74 762002277 762354269 762354269 762354269 762354269 762362269 762362269 762362269 762405384 27779 25 RISK012022 Vendor Name Description 2022 Operator Fee Katrina Joseph December Legal Services Check Date Reference Total for Check Number 27771: 01/25/2022 Total for Check Number 27772: Lauderdale Certified Auto Repair Inc 01/25/2022 December Fuel December Fuel December Fuel Metro Cities 2022 Membership Dues Total for Check Number 27773: 01/25/2022 Total for Check Number 27774: The Neighborhood Recycling Company Inc 01/25/2022 November Multi -Family Recycling November Single Unit Dwelling December Single Unit Dwelling December Multi -Family Recycling Verizon Wireless December Cell Phone December Cell Phone December Cell Phone Waste Management Inc January Public Works Xcel Energy December Street Lighting December 1917 Walnut Street December 1885 Fulham Street December 1885 Fulham Street December 1917 Walnut Street December 1891 Walnut Street December 1795 Eustis Street December 1891 Walnut Street December Larpenteur Avenue County of Ramsey PR Batch 50200.01.2022 Short Term Disability PR Batch 50200.01.2022 Life Insurance PR Batch 50200.01.2022 Long Term Disability 1/22 January Processing Fee Total for Check Number 27775: 01/25/2022 Total for Check Number 27776: 01/25/2022 Total for Check Number 27777: 01/25/2022 Total for Check Number 27778: 01/25/2022 PR Batch 50200.01.2022 Shoi PR Batch 50200.01,2022 Life PR Batch 50200.01.2022 Lon, Total for Check Number 27779: Check Amount 50.00 50.00 925.00 925.00 43.27 43.27 201.92 288.46 1,139.00 1,139.00 405.03 2,917.39 2,917.39 405.03 6,644.84 105.18 105.19 210.37 420.74 542.36 542.36 450.69 48.18 56.38 91.24 195.61 520.09 67.38 210.12 36.62 1,676.31 66.61 171.13 76.06 25.00 338.80 AP Checks by Date - Detail by Check Date (1/21/2022 10:54 AM) Page 2 Check No Vendor No Invoice No Vendor Name Description Check Date Reference Check Amount Total for 1/25/2022: 92,156.60 Report Total (18 checks): 92,156.60 AP Checks by Date - Detail by Check Date (1/21/2022 10:54 AM) Page 3 LAUDERDALE COUNCIL ACTION FORM Action Requested Consent X Public Hearing Discussion Action Resolution Work Session Meeting Date January 25, 2022 ITEM NUMBER December Financial Report STAFF INITIAL ' { APPROVRD BY ADMINISTRATOR DESCRIPTION OF ISSUE AND PAST COUNCIL ACTION: Every month, staff provide the Council with an updated copy of the city's finances. Follow- ing are the ievenue expense and cash balance reports for December 2021. This includes the new fund for tracking the American Recovery Plan Act funds OPTIONS: STAFF RECOMMENDATION: By approving the consent agenda, the Council acknowledges the city's financial report for December 2021. General Ledger Cash Balances User: heather.butkowski Printed: 1/13/2022 9:35:28 AM Period 12 - 12 Fiscal Year 2021 Description Account Beg Bal MTD Debit MTD Credit Current Balance Cash Change Fund Cash Cash Cash Cash Cash Cash Cash Cash Cash Cash Cash Cash Current Assets Petty Cash Petty Cash 101-00000-000-10100 101-00000-000-10300 226-00000-000-10100 227-00000-000-10100 228-00000-000-10100 305-00000-000-10100 306-00000-000-10100 401-00000-000-10100 403-00000-000-10100 404-00000-000-10100 414-00000-000-10100 416-00000-000-10100 602-00000-000-10100 603-00000-000-10100 101-00000-000-10200 Investments - Fair Value 101-00000-000-10410 Adj Investhnents Grand Total -2,551,224.90 100.00 8,912.56 69,148.09 137,988.83 9,784.41 149,119.28 149,832.24 402,541.86 353,438.56 365,607.98 92,194.71 1,016,629.86 422,207.19 626,280.67 300.00 300.00 3,239,387.44 3,239,387.44 3,865,968.11 741,818.33 0.00 0.27 3.07 6.31 0.45 6.82 6.85 18,727.94 16.16 16.72 0.00 59,124.72 16,949.10 836,676.74 0.00 0.00 350,183.79 350,183.79 1,186,860.53 881,945.75 0.00 3,075.81 1,973.31 0.00 0.00 0.00 0.00 7,042.42 0.00 0.00 0.00 151,394.36 52,974.19 1,098,405.84 0.00 0.00 150,000.00 150,000.00 1,248,405.84 -2,691,352.32 100.00 5,837.02 67,177.85 137,995.14 9,784.86 149,126.10 149,839.09 414,227.38 353,454.72 365,624.70 92,194,71 924,360.22 386,182.10 364,551.57 300.00 300.00 3,439,571.23 3,439,571.23 3,804,422.80 GL - Cash Balances (01/13/2022 - 09:35 AM) Page 1 N faiN Q) 0 P4 % ExpendCollect YTD Balance Current Period 0 t u A Account Number un VDN cn O cr.) 06 4 6 d' p O\NO\t-co 00 V) O v- 00 VD O d; 00 O V1 vD O O\N 06CO4O p D O\ 00 M N M O ti \O cn d 00 00 i C.C4% V1 v5 in O un CD un V) O 00 • O\ oo 00 cN V M\D V)C\ 4-1O\d�l� ct N N 00 V1 O V) CD O 00 to en O on OO OO\ N O\ N VD -1N VD N O O O O O O O O O ten O ac O N O\M(NI 00 O O 1-1 N N 00 CD CD O O O O O O N tri, hl U U N O omC, N V) g4 CO 17.1 w8 c9 (t ij 4) O 1 a) PP PP C4 N 0 N Oi Vi O O\ t- O\ oo co d' c n O t V) N 0 00 00 0 M M CA V) O N M 4 N O\ O O 1` oo O N N VD CD O V1 4 N O O No 06 IA CS• ND In 00 — N d 00 4O N O O O O O O O O O O V) O d' O p O N OO 0 Vj \O O\ 00 N Ln O 0 b0 .S: ,b U ed U al a) � 0 O CA Ci) CI 0 0•� aa�•;4'8 a a c a av:000 N N d' 00 el O O O\ M r-4 V) N N 00 N to H • N o N CA r-1 V) N • N ti O O ON "leO ens, O r-1 -121,062.47 General Fund GL - Revenue vs Expense (01/11/2022 - 03:41 PM) P1. M % Expend/Collect YTD Balance Current Period Communications \D N 00 M O O p O O 0 O O 0 O .- 0 a a a O y P; Nch g a > > a (.0) er N N 0000 00 0 O O O co O M O O O O 4 [� 00 OI O O V O 00 N cV U0 O 67 1--i v) N O y 607 O N ka . Lf.;. a g WP:ci00 lel N M O O 00 00 00 N GL - Revenue vs Expense (01/11/2022 - 03:41 PM) N a) rai bq k 'd W ]- CC3 N i-� 0 P4 I cn o 6ci -; o N CNA 1_4• .--+l N 1 cd .1 N a) N •--1 'Ei C3 N C • Ci) aaw % Expend/Collect YTD Balance Current Period O p O;1 M N V' O OI cry $.4 z U A N oblo en NI: O M Op CD O O oo O M MOO p Cr; 000 CNN b0 b CO O h >, NO cci ( O c_ _ C) O fr 3 _ d M 0.4 n c 0 (3 N N vzk 00 00 r ti M ONO O 00 00 M 1/40 ON M O 00 00 b 00 OA a •U cy CL U W g N N GL - Revenue vs Expense (01/11/2022 - 03:41 PM) 1-4 ,.. C O 'LS vita C •G ) a Li: % Expend/Collect YTD Balance Current Period 00 0 0 O 0 N 000 0 h N N m VD 00 N co O 4 N elN m O 0 -137,995.14 0 American Rescue Plan Act 00 N GL - Revenue vs Expense (01/11/2022 - 03:41 PM) .440404 taallo3/puadxa %o YTD Balance Current Period Description O\ O 1' co O\ vi Ln 'V' Izr 1 '0 M N tn M O 10 b V) O ti V) M O ti N t O H 't O I V O O I O 'V O p O O p O O O p O O c) O O O p O Vi M 00 00 On In N N N N N N 0 M ct N bD .c; U "CI cal an N N O+ U H•> Z 0 en cu fu cu18Y 0-4 cu 514 rfee) X g W 0 W GO TIF Revenue Bonds 2018A GL - Revenue vs Expense (01/11/2022 - 03:41 PM) nJ % Expend/Collect YTD Balance Current Period M 10 NztM1/40 co 0 o (Nei M N .N-. CA 0 O U +Oa 69 0 O N Cn 4) P4 b0 O `n •0 0 pU a N E y G d 8 On U a) Nca g:44) r•1 00 M '-1 N 00 N N 00 �Y 00 b M b b ti 0) d N Cr) O 00 00 o Ool O 0 O O LA d' o O fV M tI� N 00 N e-1 H N O b0 N to N O 000 0 0 W O 00 00 O 2019A Improvement Bonds 0 M GL - Revenue vs Expense (01/11/2022 - 03:41 PM) % Expend/Collect YTD Balance Current Period O h p O O 0 0 O o0oo 0 in 0 00 0 I O O ci 0 0 p O 0 O tri N it 0 O N 1-4 Smi P4 a)0 Pat v) Ly bA E zO N �V cv 0 9 0 74 0 o w bA 4. D 0 C 1 0.1 CD a v O N ti 00 000 V) 00 O O V) O l� 0 0 0 o O N O O p 000 O tn cl N • 00 N N O 0O Immi cp N N CACV b o 0 In O 000 O �1 00 O O O Vol M M N c3 m 0 O N a) y a) rl 51 C9.4 fa WOUO W General Capital Projects GL - Revenue vs Expense (01/11/2022 - 03:41 PM) M r o `n N O 16in ��N YCL1 I G b O O ai •D % Expend/Collect YTD Balance Current Period 0 • L U A Account Number O 0 0 N 0 0 01 O c7 O 00 O VZ O O o 0 to O� O O O 0 O M M N o0 M O CO 0 00 . • N, co N c.N 00 M [� O VD 0 00 CO d • N N M ti O O 00 00 00 CD 7t O O 0 O O 00 • O oo -126,026.86 O O 0 O VD O OO N 0000 O 0 0000 Cl N N M M N VD VD M 1-1 rwil 10 0 0 0 I O 00 VD O O'D t 00 O 0 00 4 O N N N O M M M M D \C M ry i- H et C4 CD CT C4 C4 d: O 0 ( 7 V1 N et O O Y 0 00 N O o Vo 00 t` N r+ CD 000 0 000 0 0 0CS 00 c 000 0 c 0 0 0 d= qq1 vt a) m (1) aa) q ti •o P4 a� a P, 78 0 to qred Pae4 00 y- O 'U _ 0 1 rA ca a� a) G a) a) O ti a) mai q p y T = 0 '. VD t b co N > vii Q)cl) arc .0 514 v).04� 0 g Wcu x U(ZO W O Street Capital Projects M 7 GL - Revenue vs Expense (01/11/2022 - 03:41 PM) a en % Expend/Collect YTD Balance Current Period ime bA 0 OCZ 0 O R .r: U a) A Account Number o O N p O \c O O d p O6 VimO d- t--- 1/40 CO O C M 0 ON d• O O O O It O oo N N O 1/40 O p • \46 O igt Vim' 00 00 00 1/40 N .-1 O O O O p O 6 O tn N O O p O O O M .—r O O Op O O O O O O 0 O 0 act 00 00 N .-i 00 00 1-4 O O O O tIt M Park Capital Projects GL - Revenue vs Expense (01/11/2022 - 03A1 PM) M d O +-a N 14-4 n N d •-+ 1 '" aL.:i trt •4) �r"'aaC4 % Expend/Collect YTD Balance Current Period Rosehill Tax Increment 1,0 00I OI o 0 0 0 O p O O 0 0 o 0 o o 0 of 0 0 0 0 001 o OI 0 0 0 0 0 0 0 0 0 0 0 I o of o 0 0 0 0 0 0 0� 0 00) 0 0 0 0 0 0 0 0 0 bA cn U 0 a U 0 aa) C 27 ri bA cci O 0 0 0 CZ 0 N a) 1.r o cu 0 0 d g 0 g W O W Rosehill Tax Increment 0 GL - Revenue vs Expense (01/11/2022 - 03:41 PM) a % Expend/Collect an) • smi YTD Balance Current Period 0 O U Account Number t olO N cc N of • O U t G U g O N (..) c4 bA Ch . a rr O U❑ OU c3 a)a U U PP PP cn A O 'Tr i 0 '1 N O O O O a 0 0 CO O COLri 1 tn caN M I 1/40 C O O O\ M O r4 1/40 rami 1/40 14,1 N O N V'1/40 1/40 00 00 rI1 O Ct M [t M N 1/40Ct Ntcg Development GL - Revenue vs Expense (01/11/2022 - 03:41 PM) % Expend/Collect 0) \ YTD Balance Current Period Description Account Number / @| \ 0 (0 s \ 33 c 33 3 c @ @) @ 0 ?| @ @ 3 e 3 3 e a / /| \ 0 /| \ \ 33 c c3 c o \ /I \ 0 \1 \ \ c3 0 3c o 0 @cI 2 @@� \ @ as a a3 o e ) ® / g = E 0\ \ ( / x T )t Gt ] 2 / '/ f «Qucid o 0) § §5\ (\ m5 m / � ›• \ /)/.\/514 ¢go ] MOU \ Housing Redevelopment \ GL - Revenue vs Expense (01/11/2022 - 03:41 PM) N ci N % Expend/Collect YTD Balance Current Period a) ^a 0 0001 00 0 0001 0 0 0 00 0l 000 0001 000 000 000 rip 11.4 0 V b U 0 0 0 0 0 0 0 0 0 0 4 0001 0 0 0 0 0 0 0 bcoo 0) 0 0001 000 00 01 000 00 0: 1 0 00 N 00 ri 0 0 0 0 TIF District No. 1-2 Izr GL - Revenue vs Expense (01/11/2022 - 03:41 PM) P-1 O 1-1 M • O ciCVN (13- . C4 "d O 0 •� N O 1-4N c3 U % Expend/Collect YTD Balance Current Period Description O t- VD 01 ON vl O\ CV O I C M O VD O\ O N O Cr) d; 00 O r-1 ON mom 00 tri •:f V a 06 000 CD • vv. VD 0 0000 � CV CD 00, CN 0 a 0000 O tO m O N -Mi r, oR 0 O O M O \;J 7 O^ N N N It 00 rn o00 Cc d M .-1 .-. I I r -t CD In .7t O v1 M OO I 00 co� 00 O '--1 O I O r-1 O ei r O CA Ori N CA M O VD N O\<1 'dam dt In!nln 7 O 4 v) O „A 4'06 til to O M 00 m a\ �O O% O M N O I O N O J O IS V' O O Cl O M M rt O O� \D O • <cNi II O N O 'MV' O M O 7 VD CN O1 t� l n N N N VD b GO tri � un elaq r-1 O O O O O O O O O 01 O O o0O H OONOO ' N 0. v • rr O V) O 00 vi N N 0 0 00 00 t, 00 V) O O M v> N V) ID b0 U C) 0 :1 N N O U U N O I* p L4 W U CI yE rn z •U ° U Q iN CU ✓ vcy y• p,,Opyy1-. C > �O U w N'me11 bi)WAU,FN p vAfxSU O C4 Wa4v)000 W -106,857.00 Sanitary Sewer CV CA O O VD VD GL - Revenue vs Expense (01/11/2022 - 03:41 PM) 0 cjN b!J k a) () a) 0 P4 % Expend/Collect YTD Balance Current Period OL 0 Account Number O In N \O Vl p O U N r C\ p O M 00 O oo 06 tr)O 1M-1 0coco O CT 1O .-+ 7-4 0NM 0pI 1-1 SONO OOI M) O 0 O O V)M M O 01 en 01 DD 0.-+CT NN1O N' N 10 t---:cV �t M 0 \O N t--:'—.1.-sq ' N N '-1 1 0 N co O e -I t1/4101/400 p 00 r p CT 00 t- N O M 'ct 00'0\ O M N�0000� 0 M Nn M L 0 d' N 1/4r100 1-1 \O N 00 Q\ $ M N 1. Nr -i 1 V.1 �O 'd' rsmi M O N' VO pI O O 00 O pI O_ O V1 VD O N N 1- O\ t� 0 N Ont in .--� 0 N O r Cel O M O GO N N t: VjO M 10 ,- '-i N M 0 0 0 O I O 0 0 0 0 p O O 0 0 0 0 O 0 0 0 0 O O O m 00 O M \O� V 0 O en N M V) 00 - t---, N .--i O 00 D\.71- M V) N^ O O1/40 O 1~-1 N W r -I V) N V) G b0 > N N 7 C U. P4 o U 78 . 0 (4v) b N r4bA 0 E N E ,511 C U i -i U RI O g .4 C% > y R7 r--40 � GYew V) I o . v c� to tid yyC y a' ca k' _ ctr4i-e4U O CG c4 0)000 W rt M M 1/40 1/40 GL - Revenue vs Expense (01/11/2022 - 03:41 PM) fel 3 M N O N N csiO ( 7 1-1 N ) ' �_ 0 cd ellC t P., nCC % Expend/Collect YTD Balance Current Period U ocl z U U w 0ool O o O O o 0 0 00 O O o O O o O O p 0 0 o 0 0 0 N N U N 0 0 04 C p U g 0 0 0 O O O O O O O 0 0 0 0 0 O 0 0 0 0 0 p O 0 o o o o o C O 0 0 0 0 0 0 0 0 0 p O 0 0 0 0 0 0 0 0 p 0 0 0 O p O 0 0 0 0 0 0 0 0 p 0 0 0 0 p O O O O o 0 0 0 0 p 0 0 0 0 p O 0 0 0 0 N >. N cs•7-1 U N N � � a)O�N V) Cip a) 'l.� OU(lO 0 0 O 0 O O 0 CA GL - Revenue vs Expense (01/11/2022 - 03:41 PM) % Expend/Collect rqV)1/40 N It 1O \ O\ N V) Cr) U O c -i 00 0 0000 '� 60 D Cd O \D V) II'O V 00 H H 1 N if) Cr) O 1mi \C 4 00 ‘.D V) 00 O V) co V1 4 N O \ N YTD Balance Current Period +a O co co b L co O co O\ 00 00 M N 00 '"i V N N N Description GL - Revenue vs Expense (01/11/2022 - 03:41 PM) LAUDERDALE COUNCIL ACTION FORM Action Requested Consent X Public Hearing Discussion Action Resolution Work Session Meeting Date January 25, 2022 ITEM NUMBER 4Q21 Investment Report STAFF INITIAL APPROVFD BY ADMINISTRATOR DESCRIPTION OF ISSUE AND PAST COUNCIL ACTION: Following is the Forth Quarter Investment Report for 2021. OPTIONS: STAFF RECOMMENDATION: By approving the Consent Agenda, the Council acknowledges the investment report for Oc- tober December 2021. COUNCIL ACTION: Fourth Quarter 2021 Investment Report INVESTIViENTS As of December 31, 2021, the City had the following amounts with official depositories: North Star Bank 4M Fund RBC Dain Rauscher Northland Securities TOTAL 7% 35% $ 251,398 736,314 1,300,037 1,401,221 $ 3,688,970 2 North Star 4M Fund RBC Dain Rauscher Northland Securities DEPOSITORIES AND INVESTMENT TYPES North Star Bank Checking Account 4M Fund Joint Powers Investment RBC Dain Rauscher Money Market Account Certificates of Deposit Northland Securities Money Market Account Certificates of Deposit $ 251,398 $ 736,314 $ 0 $ 1,300,037 (13) $ 1,221 $ 1,400,000 (14) The City's Investment Policy sets some perimeters for investments, such as no more than 60% of the investment portfolio, or $2,000,000 (whichever is less) shall be invested with any one investment company. No investments shall be made with a term over ten years unless with prior approval from the City Council. 3 INVESTMENT TERM Liquid assets are money market accounts. 1-5 Years are made up of certificate of deposit and US Government Instrumentality Securities. 6-10 Years are US Government Instrumentality Securities. 11-15 Years are US Government Instrumentality Securities. 15+ Years are US Government Instrumentality Securities and bonds. US Government Instrumentality Securities are financial intermediaries established by the federal government to fund loans to certain groups of borrowers, such as homeowners, farmers and students. Most active issuers are Federal Home Loan Bank, Federal National Mortgage Association (Fannie Mae) and Tennessee Valley Authority. Maturities range from three months to 30 years with fixed interest rates. 4 MY 2021 Investment Portfolio y HoDd knq Period 50-/ 40- 40- 30 - 20- 10- 0. 50- ■ ■ ■ Liquid Accounts 1 Year 2 Years 3 Years 4 Years Fourth Quarter 2021 Investment Portfolio by Holding Period 30- / l / 20-7 10- ■ ■ ■ Liquid Accounts 1 Year 2 Years 3 Years 4 Years INVFSTMENT TYPES Money Market Bonds Certificates of Deposit US Government Securities US Government Securities Bonds 739,535 0 2,500,037 200,000 Money Market Certificates of_ Deposit Maturity Date Type 8/26/2025 12/10/2024 8/27/2024 8/27/2024 8/26/2024 6/17/2024 3/15/2024 2/12/2024 12/15/2023 8/10/2023 7/31/2023 7/31/2023 7/28/2023 2/28/2023 2/27/2023 2/16/2023 1/30/2023 1/23/2023 1/9/2023 12/27/2022 11/9/2022 10/31/2022 10/28/2022 10/22/2022 8/26/2022 8/22/2022 2/7/2022 11/23/2021 11/21/2021 10/22/2021 CD CD CD CD AG CD CD CD AG CD CD CD CD CD CD CD CD CD CD CD CD CD CD CD CD CD CD CD Interest Rate 0.70% 0.90% 0.50% 0.30% 0.30% 0.70% 0.40% 0.20% 0.60% 0.32% 0 25% 0.20% 0.25% 0.15% 0.15% 0.15% 0.25% 1.90% 1.85% 0 25% 0 20% 0.15% 0 20% 0.15% 0.10% 0.10% 0.15% 3.25% 3.25% 0.10% Investment Schedule Investment Broker N orthland N orthland RBC RBC RBC RBC N orthland N orthland RBC RBC N orthland RBC Northland N orthland RBC N orthland N orthland N orthland RBC N orthland N orthland RBC RBC RBC Northland RBC N orthland RBC N orthland Northland Amount 100, 000.00 100, 000.00 100, 000.00 100, 000.00 100, 000.00 100, 000.00 100, 000.00 100, 000.00 100, 000.00 100, 000.00 100, 000.00 100, 000.00 100, 000.00 100, 000.00 100, 000.00 100, 000.00 100, 000.00 100, 000.00 100, 036.13 100, 000.00 100, 000.00 100, 000.00 100, 000.00 100, 000.00 100, 000.00 100, 000.00 100, 000.00 100, 000.00 100, 000.00 100, 000.00 Bank Toyota Savings Bank Synchrony Bank Medallion Bank Bank OZK Federal Home Loan Bank Merrick Bank Third Federal Savings TIAA FSB Jacksonville Barclay's Bank Federal Farm Credit Bank Transportation Alliance Bank Transportation Alliance Bank Goldman Sachs Veritex Community Bank BMW Bank of America Bank Hapoalim Flagstar Bank Sallie Mae Morgan Stanley BK Bank of England Arkansas New York Community Bank Unity Bank State Bank of India ICBG Marlin Business Bank Homestreet Bank Texas Capital Citibank NA UBS Northpointe Bank The City had three maturities this quarter (noted in blue) and four new purchases (noted in red). Staff anticipate continuing to buy short-term CDs and agencies until yields pick up. 7 INT[EREST EARNINGS The following chart shows the interest earnings since 2005 with 2007 being our best year with earnings of $161,884. After a couple of years of the Federal Reserve slowly raising interest rates, the pandemic has launched another era of low interest rates to support the economy. Investment interest through 2020 totaled $37,918.46. Investment interest earned through the fourth quarter of 2021 totaled $19,900.76. 180,000 160,000 140,000 120,000 100,000 80,000 60,000 40,000 20,000 2020 City of Lauderdale Investments FDIC Northland Money Market CD Toyota Financial CD Synchrony Bank CD Third Fed Savings CD TIAA CD Transportation Alliance Bank CD Goldman Sachs CD Veritex CD Bank Hapoalim CD Flagstar Bank CD Sallie Mae Bk CD Bank of England Ark CD New York Community Bank CD Marlin Business Bank CD Texas Capital CD UBS Bank CD Northpointe Bank CD Bank of China CD Safra Nall Bank CD Synchrony Transferred CD Beal Bank CD City National Bk Beverly Hills CD Medallion Bank (Monthly) Future purchases RBC Money Market CD Medallion Bank CD Bank OZK AG Federal Home Loan Bank CD Merrick Bank CD Barclays Bank AG Federal Farm Credit Bank CD Transportation Alliance Bank CD BMW Bank of NA CD Morgan Stanley Bk NA CD Unity Bank Clinton NJ CD State Bank India CD ICBC Ltd New York CD Homestreet Bank CD Citibank NA CD Wells Fargo Nat'l Bank West Las Vec CD Enerbank/Continental CD Townebank Portsmouth CD Apple Bank CD Bank Baroda Future purchases 4M Funds Invest Fund Plus Fund 4M Short Term Series Future purchases Total Account TOTAL INVESTMENTS AND CDs. CUSIP 89235M -LJ -8 87164X -H2-5 884130 -DC -9 87270L -DK -6 89388C -FB -9 38149M -WV -1 923450 -CM -0 06251A -2T-6 33847E -4U-8 795450-6B-6 062070 -EB -9 649447 -UC -1 57116A -U U-0 88224P -MA -4 90348J -FY -1 666613 -HP -2 O6428F-SZ-1 78658R -DN -8 87164YWY6 07371 C -DL -0 178180 -GK -5 58403B -5U-6 58404DLM1 06417NA78 3130AL7K4 59013KQX7 06740KNR4 3133EL3E2 89388C -FA -1 05580AYP3 61690URR3 91330ACL9 856283Q82 45581EBU4 43785QPQ0 17312QW21 949495APO 29278TPJ3 89214PBS7 03784JSG0 06063H KJ 1 Rate 0.700 0.900 0.400 0.200 0.250 0.250 0.150 0.150 0.250 1.900 0.250 0.200 0.100 0.200 3.250 0.100 0.150 0.200 3.000 0.150 1.700 2.000 0.500 0.300 0.300 0.700 0.600 0.320 0.200 0.150 1.850 0.150 0.200 0.150 0.100 3.250 1.750 0.200 2.950 0.100 1.650 Approx, Maturity Holding Date in Days 1460 1095 913 1095 730 730 548 730 548 1095 365 720 548 183 1095 364 270 395 1095 183 365 1460 1095 1095 1278 913 730 1095 730 730 1095 730 730 730 548 1095 548 365 1005 183 365 8/26/2025 12/10/2024 3/15/2024 2/12/2024 7/31/2023 7/28/2023 2/28/2023 2/16/2023 1/30/2023 1/23/2023 12/27/2022 11/9/2022 8/26/2022 2/7/2022 11/22/2021 10/22/2021 7/29/2021 7/26/2021 6/22/2021 2/10/2021 1/28/2021 1/4/2021 8/27/2024 8/27/2024 8/26/2024 6/17/2024 12/15/2023 8/10/2023 7/31/2023 2/27/2023 1/9/2023 10/31/2022 10/28/2022 10/20/2022 8/22/2022 11/23/2021 7/19/2021 6/18/2021 3/29/2021 2/19/2021 1/15/2021 Purch Date 8/26/2021 12/10/2021 9/15/2021 2/12/2021 7/30/2021 7/28/2021 8/31/2021 2/16/2021 7/30/2021 1/23/2020 12/27/2021 11/9/2020 2/26/2021 8/7/2020 11/21/2018 10/23/2020 10/29/2020 6/24/2020 6/22/2018 8/12/2020 1/29/2020 1/3/2017 Balance 12/31/2019 8,108.04 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 Portfolio Value 1,108,108.04 8/27/2021 8/27/2021 2/26/2021 12/17/2021 12/15/2021 8/10/2020 7/19/2021 2/26/2021 1/9/2020 10/30/2020 10/28/2020 10/21/2020 2/22/2021 11/23/2018 1/17/2020 6/19/2020 6/28/2018 8/19/2020 1/17/2020 Portfolio Value Purchases Sales aim IOW dal 957.81 276.03 Mar Emir 101,700.00 100,175.34 Transfers in 203,109.18 203,109.18 203,109.18 EWE 100,000.00 100,036.13 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 150,000.00 100,000.00 100,000.00 100,000.00 1,150, 036.13 102,764.93 932.60 12.74 148.63 25.48 101,645.48 102, 764.93 102, 764.93 711,589.61 924,936.69 1,636, 526.30 102,764.93 3,894,670.47 1 305,874.11 305,874.11 From "Cash Balances" Report Investments Fund 101 Balance Investments Interest New Balance Transfers out Interest/ Dividends RAI 957.81 276.03 RAP RAP 1,700.00 175.34 3,109.18 Balance 1/31/2020 211,217.22 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000M0 0.00 1,111,217.22 Purchases 100,000.00 100,000.00 IAA 100,000.00 RAI Sales 100.82 276.03 AM 100,074.79 Transfers in Transfers out 100,451.64 300,000.00 300, 000.00 100,451.64 100,451.64 300,000.00 Interest/ Dividends 100.82 276.03 74.79 451.64 Balance 2/29/2020 11,668.86 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 0.00 0.00 1,111,668.86 Purchases Sales 249.32 dmim 249.32 Transfers in 249.32 249.32 102,764.93 102,764.93 932.60 12.74 148.63 25.48 1,645.48 2,764.93 100,000.00 100,036.13 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 150,000.00 100,000.00 100,000.00 0.00 1,050,036.13 100,000.00 NIA 100,000.00 ARM AMI AM 100,000.55 AIL RAI RAI 160.00 12.74 12.74 148.63 25.48 100,050.41 300, 000.55 100, 410.00 100, 410,00 100, 410.00 100,410.00 100,410.00 MA MA MA 160.00 12.74 12.74 148.63 25.48 50.41 410.00 100,000.00 100,000.00 100,000.00 100,036.13 100,000.00 100,000.00 100,000.00 100,000.55 100,000.00 100,000.00 150,000.00 100,000.00 (0.00) 0.00 1, 250, 036.68 EM AVI aa AA 24.25 11.51 7.67 134.25 23.01 100,735.48 100,936.17 AAA AWL Aloir 100, 936.17 100, 936.17 275, 000.00 275,000.00 10.30 39.06 49.36 539,364.84 924,975.75 1,464,340.59 AA 100,410.00 400,000.55 6.65 35.28 100,410.00 400,000.55 41.93 239,780.94 925,011.03 1,164,791.97 100, 936.17 100,936.17 377,764.93 5,923.47 3,625,593.94 600,000.55 200,861.64 301,271.641 800,410.55 903.57 3,526,497.51 - 101,185.491 202,121.66 3,619,670.47 2,852,789.60 766,880.87 3,6191670.47 5,923.47 3,625,593.94 From "Cash Balances" Report Investments 3,5251593.94 Fund 101 Balance 2,872,475.28 653,118.66 Investments Interest New Balance 3,5251593.94 903.57 3,526,497.51 From "Cash Balances" Report Investments Fund 101 Balance Investments Interest New Balance Transfers out Interest/ Dividends 249.32 249.32 Balance 3/31/2020 11,918.18 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 0.00 0.00 1,111,918.18 Purchases Sales 276.03 276.03 Transfers in 276.03 276.03 Transfers out Interest/ Dividends AM mr OM 276.03 MA mr 276.03 Balance 4/30/2020 12,194.21 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 0.00 0.00 1,112,194.21 Purchases Sales grar 99.18 267.12 366.30 Transfers in 366.30 Mir 366.30 100, 936.17 100,936.17 rim rob 24.25 11.51 7.67 134.25 23.01 735.48 936.17 100,000.00 100,000.00 100,000.00 100,036.13 100,000.00 100,000.00 100,001100 100,000.55 100,000.00 100,000.00 150,000.00 0.00 (0.00) 0.00 1,150, 036.68 MO 12.74 99.73 12.74 8.49 148.63 25.48 307.81 307.81 Aim 307.81 307.81 307.81 AM 12.74 99.73 12.74 8.49 148.63 25.48 IMM iror 307.81 100,000.00 100,000.00 100,000.00 100,036.13 100,000.00 100,000.00 100,000.00 100,000.55 100,000.00 100,000.00 150,000.00 0.00 (0.00) 0.00 1,150, 036.68 mir mr moo 12.33 8.22 1,611.64 143.84 24.66 1,800.69 1,800.69 1,800.69 250,000.00 3.75 31.89 250,000.00 35.64 340,720.86 675,042.92 1,015,763.78 OM MO 307.81 100,000.00 307.81 100,000.00 2.38 16.50 18.88 241,031.05 675,059.42 916,090.47 1,800.69 1,800,69 350,936.17 1,221.13 3,277,718.64 - 583.84 891.651 100,307.811 602.72 3,178,321.36 - 2,166.99 3,967.68 3,276,497.51 2,730,152.22 546,345.29 31276,497.51 1,221.13 3,2771718.64 From "Cash Balances" Report Investments Fund 101 Balance Investments Interest New Balance 31177,718.64 2,818,210.11 359,508.53 31177,718.64 602.72 3,178, 321.36 From "Cash Balances" Report Investments Fund 101 Balance Investments Interest New Balance Transfers out Interest/ Dividends 99.18 267.12 Ma 366.30 Balance 5/31/2020 12,560.51 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 0.00 0.00 1,112, 560.51 Purchases Sales 276.03 99.73 101,495.89 101,871.65 Transfers in 101, 871.65 101,871.65 Transfers out Interest/ Dividends Ma OM 276.03 99.73 1,495.89 1,871.65 Balance 6/30/2020 114,432.16 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 0.00 0.00 1,114,432.16 Purchases 100, 000.00 100,000.00 100,000.00 300,000.00 Sales 942.19 267.12 100,112.19 100, 017.53 201,339.03 Transfers in 201,339.03 201, 339.03 1,800.69 Ma mb 12.33 8.22 1,611.64 143.84 24.66 1,800.69 1,800.69 100,000.00 100,000.00 100,000.00 100,036.13 100,000.00 100,000.00 100,000.00 100,000.55 100,000.00 100,000.00 150,000.00 0.00 (0.00) 0.00 1,150, 036.68 Jim WM OM mb 25.07 12.74 8.49 148.63 150,024.66 150,219.59 150, 219.59 150, 219.59 150, 219.59 150, 219.59 WM 25.07 12.74 8.49 148.63 24.66 219.59 100,000.00 100,000.00 100,000.00 100,036.13 100,000.00 100,000.00 100,000.00 100,000.55 100,000.00 100,000.00 (0.00) 0.00 (0.00) 0.00 1,000036.68 100,000.00 100,000.00 917.40 12.33 12.33 8.22 100,153.42 Mir 101,103.70 100,000.00 100,000.00 2.17 16.49 18.66 242,833.91 575,075.91 817,909.82 350, 219.59 100, 000.00 350,219.59 2.48 14.11 100,000.00 16.59 493,055.98 575,090.02 1,068,146.00 501,103.70 501,103.70 101,800.69 2,185.65 3,080,507.01 - 252,091.24 602,310.83 250,219.59 2,107.83 3,182,614.84 400,000.00 302,442.73 j 702,442.73 3,078,321.36 2,825,751.36 252,570.00 3,078,321.36 2,185.65 3,080,507.01 From "Cash Balances" Report Investments 3,180, 507.01 Fund 101 Balance 2,762,234.02 418, 272.99 Investments Interest New Balance 3,180,507.01 2,107.83 3,182,614.84 From "Cash Balances" Report Investments Fund 101 Balance Investments Interest New Balance Transfers out 300,000.00 300,000.00 Interest/ Dividends lar IMP 942.19 alq 267.12 112.19 17.53 1,339.03 Balance 7/31/2020 15,771.19 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 (0.00) 0.00 0.00 0.00 1,115,771.19 Purchases 100,000.00 100,000.00 Ma Sok aM am 200,000.00 Sales Transfers in Transfers out 184,299.63 200,000.00 99.18 21.23 74.38 49.59 99.18 276.03 aa Mb MM 619.59 184,299.63 200,000.00 Interest/ Dividends 99.18 21.23 74.38 49.59 99.18 276.03 Sok MO Solo aa am aM 619.59 Balance 8/31/2020 70.82 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 (0.00) 0.00 0.00 0.00 1,300070,82 Purchases 100,000.00 100,000.00 Sales 276.03 ima 276.03 aM aM Sok 917.40 12.33 12.33 8.22 153.42 Oa dam 1,103.70 100,000.00 100,000.00 100,000.00 100,000.00 100,036.13 100,000.00 100,000.00 100,000.00 100,000.55 100,000.00 0.00 (0.00) 0.00 (0.00) 0.00 1,000,036.68 100,000.00 100,000.00 200,000.00 150.00 160.00 16.99 74.38 12.74 12.74 8.49 Sok MO 435.34 435.34 435.34 435.34 435.34 150.00 160.00 16.99 74.38 12.74 12.74 8.49 435.34 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,036.13 100,000.00 100,000.00 100,000.00 100,000.55 100,000.00 0.00 (0.00) 0.00 (0.00) 0.00 1, 200, 036.68 42.47 25.48 OM aa SAP 12.74 8.49 89.18 100,000.00 100,000.00 6.00 14.57 20.57 894,165.68 575,104.59 1,469,270.27 435.34 435.34 383,680.04 6.99 14.57 383,680.04 21.56 510,927.97 575,119.16 1,086,047.13 400,000.00 2,463.30 3,585,078.14 400,000.00 I 1,054.93 185,170.31 584,115.38 I 1,076.49 3,586,154.63 100,000.00 365.21 3,582,614.84 2,787,095.28 795,519.56 31582,614.84 2,463.30 3,585,078.14 From "Cash Balances" Report Investments 3,585,078.14 Fund 101 Balance 2,924,205.08 660,873.06 Investments Interest New Balance 3,585,078.14 1,076.49 3,586,154.63 From "Cash Ba Investments Fund 101 Balar Investments Interest New Balance Transfers in 276.03 276.03 Transfers out Interest/ Dividends lob ROI ImO ROI 276.03 276.03 Balance 9/30/2020 346.85 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 (0.00) 0.00 0.00 0.00 1,400, 346.85 Purchases goo Sales NOM 41.1.1 21.23 12.33 ROI OM .106 267.12 100,099.73 dam ROI 100,400.41 Transfers in 100,400.41 100,400.41 Transfers out Interest/ Dividends EM 21.23 12.33 SIM dam 267.12 99.73 400.41 Balance 10/31/2020 100,747.26 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 0.00 (0.00) 0.00 0.00 0.00 1,400,747.26 Purchases Sales 20.55 12.74 100.82 100,284.93 dam 100,419.04 89.18 89.18 89.18 89.18 42.47 25.48 12.74 8.49 89.18 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,036.13 100,000.00 100,000.00 100,000.00 100,000.55 100,000.00 0.00 (0.00) 0.00 (0.00) 0.00 1,200,036.68 goo 41.10 24.66 16.99 12.74 12.33 8.22 116.04 116.04 116.04 116.04 116.04 41.10 24.66 16.99 12.74 12.33 8.22 116.04 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,036.13 100,000.00 100,000.00 100,000.00 100,000.55 100,000.00 0.00 (0.00) 0.00 (0.00) 0.00 1200036.68 amp goo 42.47 25.48 33.43 25.07 100.27 12.74 8.49 101, 638.36 101, 886.31 89.18 89.18 250,000.00 2.97 14.13 250,000.00 17.10 261,020.12 575,133.29 836,153.41 116.04 116.04 100,000.00 1.39 100,000.00 14.17 200,000.00 15.56 161,137.55 475,147.46 636,285.01 454.39 250,089.181 382.31 3,436,536.94 - 100,516.45 1 100,632.491 200,116.04 532.01 3,237,068.95 - 202,305.35 lances" Report ice 314361154.63 2,891,199.39 544,955.24 3,436,154.63 382.31 3,436,536.94 From "Cash Balances" Report Investments 3,236,536.94 Fund 101 Balance 2,805,611.69 430, 925.25 Investments Interest New Balance 31236,536.94 532.01 3,237,068.95 From "Cash Be Investments Fund 101 Bala Investments Interest New Balance Transfers in Transfers out Interest/ Dividends Balance 11/30/2020 Purchases Transfers Sales in Transfers out Interest/ Dividends Balance 12/31/2020 100,419.04 - - 201,166.30 - 200,000.00 54.11 - 0.18 1,220.59 - - - 100,000.00 - - - - - 100,000.00 - - - - 100,000.00 - - - - 100,000.00 - - - 100,000.00 - - - - - 100,000.00 - - - 100,000.00 - - - - - 100,000.00 - - 20.55 100,000.00 - 41.78 - - 41.78 100,000.00 - - - 100,000.00 - - - - - 100,000.00 - - 12.74 100,000.00 - 12.33 - - 12.33 100,000.00 - - - 100,000.00 - - - - - 100,000.00 - - - 100,000.00 - - - - - 100,000.00 - - - 100,000.00 - - - - - 100,000.00 - - - - 100,000.00 - - - - 100,000.00 - - 100.82 100,000.00 - - - - - 100,000.00 - - - 100,000.00 - - - - - 100,000.00 - - - 100,000.00 - - - - - 100,000.00 - - 284.93 0.00 - - - - - 0.00 - - - 0.00 - - - - - 0.00 - - - (0.00) - - - - - (0.00) - - - 0.00 - - - - - 0.00 - - - 0.00 - - - - - 0.00 - - - 0.00 - - - - - 0.00 100,419.04 - 419.04 1,401,166.30 200,000.00 200,054.11 54.11 - 54.29 1,401,220.59 101,886.31 101,886.31 - - - - - - - - - - 42.47 100,000.00 - 41.10 - - 41.10 100,000.00 - - 25.48 100,000.00 - 24.66 - - 24.66 100,000.00 - - - 100,000.00 - - - - - 100,000.00 - - - - 100,000.00 - - - - 100,000.00 - - - - 100,000.00 - - - - 100,000.00 - - - 100,000.00 - - - - - 100,000.00 - - 33.43 100,000.00 - 16.44 - - 16.44 100,000.00 - - - 100,000.00 - - - - - 100,000.00 - - - 100,036.13 - - - - - 100,036.13 - - 25.07 100,000.00 - 12.33 - - 12.33 100,000.00 - - 100.27 100,000.00 - - - - - 100,000.00 - - 12.74 100,000.00 - 12.33 - - 12.33 100,000.00 - - 8.49 100,000.55 - 8.22 - - 8.22 100,000.55 - - 1,638.36 - - - - - - - - - - 0.00 - - - - - 0.00 - - - (0.00) - - - - - (0.00) - - - 0.00 - - - - - 0.00 - - - (0.00) - - - - - (0.00) - - - 0.00 - - - - - 0.00 101,886.31 101,886.31 1,886.31 1,100,036.68 200,000.00 115.08 - - 115.08 1,300,036.68 101,886.31 - 1.44 263,025.30 - - 350,115.08 350,000.00 2.33 263,142.71 - - 11.70 475,159.16 - - - - 12.09 475,171.25 101,886.31 - 13.14 738,184.46 - - 350,115.08 350,000.00 14.42 738,313.96 304,191.66 101,886.311 2,318.49 3,239,387.44 400,000.00 200,169.19 350,169.19 350,000.001 183.79 3,439,571.23 glances" Report From "Cash Balances" Report 3,237,068.95 Investments 3,439,387.44 nce 2,549,329.24 Fund 101 Balance 2,384,180.79 687,739.71 1, 055, 206.65 3,237,068.95 Investments 31439,387.44 2,318.49 Interest 183.79 31239,387.44 New Balance 3,439,571.23 Investments as of 12/31/21 By Broker N orthland RBC 4M Fund Total 40.7% 37.8% 21.5% 100.0% Amount 1,401, 220.59 1,300, 036.68 738,313.96 3,439,571.23 Investments as of 12/31/21 By Type Money Market Fed Agency Commercial Paper Certificate of Deposit Treasury Total 21.5% 5.8% 0.0% 72.7% 0.0% 100.0% Amount 739,534.55 200,000.00 0.00 2,500,036.68 0.00 3,439,571.23 Investments as of 12/31/21 H olding period (from purchase date) N o time limit (Money Market) U p to 1 year 2 years 3 years 4 years and over Total % 21.5% 2.9% 40.7% 29.1% 5.8% 100.0% Amount 739,534.55 100,000.00 1,400, 000.55 1, 000, 036.13 200,000.00 3,439,571.23 LAUDERDALE COUNCIL ACTION FORM Action Requested Consent Public Hearing Discussion Action Resolution Work Session Meeting Date January 25, 2022 ITEM NUMBHR MnDOT Project Planning STAFF INITIAL APPROVED BY ADMINISTRATOR DESCRIPTION OF ISSUE AND PAST COUNCIL ACTION: MnDOT has been working on the I -35W North Gateway Study for a couple of years and could like to provide the City Council and Lauderdale residents with an update. A copy of their presentation is Included in the packet. They anticipate the presentation and questions will take about a half hour. Presenters may include Stephanie Roth, Kurt Bearinger, and John Griffith of HDR, Inc. and Aaron Tag of MnDOT OPTIONS: STAFF RECOMMENDATION: MN" 1 u t• • • :sit* ANI i, ap� 'v'v • 1 1 1 Mir 1100. G prt '.. w;t.. w sr� F 1 )'pIi ■!!• • 144-7 Ord all mia C13 1:3 Q. 4-• (I) o CUNI• Orl O. ri 0 o Project Overview e +Ed GJ E E � U 0 .O a) *) O 0 LL sINJ 0. U N mo= O c � V � >cuE OiA N � � �cn _a 03 2v) D � V a0 0 Lin M1 Opportunities Seeking Community Feedback • L cu 0 4-i V cu.,0 L a 4- CU CU c 41 Eeo ,C o 0 ,v) 4) C L 0 aa3 0 4-+ cn • e• acemeni a) 4-) 4-) �C. 03U a) a bD 4) -C3 0 a) O 0 tan 4-1 0) 0) v) b -o -C) m c ATSIzn, • Min ear 4-1 0 O E 0 4- a) E +-.) • • bD Ca in .0 toemC _o a, 03 0 E 0 U Ln -0 a3 M c c 0) 0 -0 C0 (1) c U > • • c 03 bO 0) 0 0 0) 0 O 13.0 0 1 � M • -0 ra CC £'AV Pu2I3AOID O co ra z l%1 O 00 N der C 0 c 0 w w z Ca- P^i8 uosu!ls 3N ra 0 4 3Nar%Vr- V I z Oa Z w Z OZ Q • MISSISSIPPI RIVER fi 'N4 Y I 44 w 1 V) CV 1!) LLl taA s ro N �-0 Z cu v cuII NM%0 L a .0 1 sta. N 1 it • T+ • _ OM in in ru a go/ IX d� 112 '+0 0 4.4 4 l• Fast43> 41/2% ita • Per) :c 0 we 0- 4-4 a bp C isE lata E iQ V + g;),4 r c � m tal w s IA 40 Oa—rwa a u 14 aro 4:1-1 :4 8 5 • eid its a. 8 rnc Inc sa) Rf ta c " .' c 0 0 aetn:CS o lefrt 111 la 1m 4) 144 sti ir4s -gsta 41N me ra •i rU r � Iv w l~ cat vii s .� eto '� L• or it c me so 0 CO o c tpa41‘ E >1/25 16lb 04' N./2 . 9 g tam CtO C 4, • — E M Baa. aft as f O -a .-, (0 #trail isO vqczt -+° to E c,sE 0-0 0 x a� alma0 U co 0 • CL U U CU O c O ' _ O L- c U ci co mcO c co bD 4.-E5 c c U'U � c O C CL constraints Current and aj Ld") E 4— >% o ro ro 0 0 c 0 ,v) cn U U U ,- U m (13 C6 f0 CU 492 -0 C0 tn 0 0) •O >• t Q c -o =o Eo L� O O U 0 cu . bD c L 0 4U to • c c c 0 c C6 •wima4)0J • • Interstate access ■ 0) a (1) 0 0 O bO c . .0 • c 0 V O O C o E V ▪ 8C•088 O 0 - - 75 • 0 • >a V c C t0 O 0 •c ',(5 Z u co 0) .® tmlm c O V a) a O -o 4) O c 0 O More connections across the interstate create • c F V 0) 0) connections 0) c (0 a X 0) (0 IS 4) GJ Z Oa a, in0 0. L 0 bi3 Y V QJ c V 0) In 0 In c 0) O. 0 U . ® .0 M O. 0) 0U M 0) iims . c .10 M .6 c Ca E a) No k O all c0 0 N 0 N 4 N CU C "'f 1 Ln v -i c0 2 E 16 9 .. c w E tO U OL � c 0. ca O 0) .2 > U L .0 in CU c GJ • LL .D 0) c az cu 0 E a) c :c :a c E E O u cu -o s o 4-1 L .N o. co a) s s + J s *et;. lima .i sfma E c L •� _ ._ o EL" U co comments 13 CU 13 c CU Q CU0 E0 i 161-.N 4! E 4! s 4.,0.H bO c LC O Qu v) o cusai O = U 4-1 c -0 c (13a W c co a U 4 -- infrastructure S. 0 4_ V) o .D 0 W 0 a 0 3- V) . c 0 co c O •— Ln M U `- 0 O U , `. U U 'Cu cu Q MI c CU a) E U C -0O 2 2 L. ca c 0 cn O 4-' •- .4_1 4J V) (0 : c Q O U c O c cusc c ro '2 .� m a) L. -C3 N • CD 0 • CI_ `-(3 CD c 4- N • a) : ' 1_ U f0 O V Q • • . _ a_ a a) 0 a) 3N °AV I2J11 N and pue1anal3 N 174 ro 0 c, .J w z MISSISSIPPI RIVER t cd l!? 1 451u N w 1 SIP t1 a ti w Ct. taA O J tO3 tr EL C O C' CU CU 0 1 c O c O U . ncrease • 4-0 CO O Q m 4-0 c E O U O � U > •- eaej U C C O O U C3 ^' > 4- O c s_ • ^ -a EC C6 v . 0 -C 0 p V) WE ARE HERE c 0 _ 4-$ l•e V .47) L 4_i L • — C O D +^ O U of ri-70t7itc c o� • 4i a) • v OD. 0 c o • O of U 0 uLy u c.� N 0 MIME t'V 0 N 0 in CU 0 • • 1 ariC CC act CD J Pe01I1e8 #a4444444 elesesql uJJOIS.11•••• W 1 a) co C } Ctlt 0 2 3o 11 n sol V>r v C] •c c 4 c c) lV CO (13 'L7 0 4 'a to g tr Cr) Plena :�� les a a irrselbe SSP AMMON 1— ' areagramirammunnw up -aft c Q> cc < aP- = a f sa. mss.. 4 U f0 O Q Q N tuo 0 U c� N LL CU U CU 0 U cn CSA 0 U C6 LL . community • (1 a tano . -1--J tri 1 a E Li ti) 0_ p co O +) cn sal -0 0 QJ U s c a 4-1 O Ooo 0 c ca 40 bu0 c 0 O •4-0 CON � i 6 bO N CaU v ) cu sima .0 Q so ca IA cu bo Q a IA 0 a as au 2 N VIL 4-1 in 0 to viCUL simi x CO• ma CU 4J 0 CU O a. L CU D 0 4-1 • • V CO LL c 0 CD a. di ao 13 c CO 0 • C0 12 H a) c Ca a) s •m imo a) V a) 4J O 2 a c D Neighborhood Greenways 4 1 1 1 1 • 1 1 4 1 1 1 1 1 1 • lan 0 u 1 ST M 1t 1, • 0) z w w J 1 Iv n. 40 v • •1 C CQ =O m• •0 c TU • • \ • • • • • 1 1• • 1 • • • • • • • 1 1 • ' 1 1 1 1 1 1 1 w \0 i 1 1 1 • • 1 1 1 1 1 1 1 1 1 1 1 • • • 0 1 0 IJ • 1 • • • 1 • 1 • 1 • • • th • 9 • 4? fQ�. • UJ• • • •1 • 11 ` MISSISSIPPI HIVCR r • • • • • , • z 1 • 4911111111; 4 •• 9 • • • 1 • 1 • • - • • Rit f. H0 ENC 9.891 w 2 Z • •• • 1 • • • 1 • / • • • • • • • • • •, • • •• 2 l 0 1-• h Yi Z it l 0 • • • 1 1 • • • 1 • 1 1 1 • •. • • ••• • • • 1 1a • •• • J • • . • I / /11 9 • • • • • • 9 • • 9 • • • • / Low Stress to cu 13.0 CO a) cc OD4-1 0 Q U Stinson Trai LU V) 0 C 0 1 O E bpm E O ) v 00 L Q) Cie1.Ec D CO V) 4J Samatar Crossing • • • L • 1/ i,!f fr ,1. •1 County Road C ST M 1 1 1 1 1 1 1 1 1 • 1 ♦ r w 0 a w 4 • • • • • 1 1 1 1 1 1 1 1 1 1 1 1 1 •I 1 1 coCD 1 1 1 1 1 1 1 1 1 • 1 0 .. •1. • r • • 1 r * • • n0 W LC 2 S 7 1 • w 0 w1 •.-1 v o 1 = O Y .Ot - 1 L N at 5o E p Z J:1 0 t3eAg c,a o w o zo6u S -a • I 1 I 11 1 • r • W 1 y 0 1 d tit • 0 cc r Ia• • • 1.0> • •C ♦ • 1 1 • •4• - 1 •,',\; Vii: t t.1 1.41,1.11�1:' • • • • • • • • • • • • • 11 • • • • •` • •• a • 1 •• ►• z 0 •- za } W 0 • n_sat-- • • • • �i 1 r".-1 • • • h Y 0 •• • 1 1 !1. $ 1 1 • 1; 1 1 4__-1...—eJn- / I.r M tl• r ••• • 4 • • • l r ` CL • • •s .% 4 • • LAUDERDALE COUNCIL ACTION FORM Action Requested Consent Public Hearing Discussion X Action X Resolution X Work Session Meeting Date January 25, 2022 ITEM NUMBER Climate Resolution STAFF INITIAL APPROVED BY ADMINISTRATOR DESCRIPTION OF ISSUE AND PAST COUNCIL ACTION: Mayor Gaasch is actively involved with the Minnesota Collaboration Climate Group. That group is bringing climate issues before city councils throughout the state. At the last meet- ing, Mayor Gaasch presented information and asked the Council to support a resolution. Based on the discussion, staff beefed up the language. The resolution can be added to or changed piior to adoption. OPTIONS: STAFF RECOMMENDATION: Motion to adopt Resolution No. 012522A Declaring a Climate Emergency in Lauderdale, Minnesota. RESOLUTION NO. 012522A CITY OF LAUDERDALE COUNTY OF RAMSEY STATE OF MINNESOTA RESOLUTION DECLARING A CLIMATE EMERGENCY IN LAUDERDALE, MINNESOTA WHEREAS, the city of Lauderdale has just this past year experienced numerous climate change related impacts including a record June heat wave, dangerous air quality from drought -fueled forest fires where even healthy people were encouraged to remain inside, and water restrictions from the same drought, making it clear that the climate crisis is not only a future issue — it is affecting us here and now; WHEREAS, extreme weather will create new challenges for the city of Lauderdale's infrastructure and finances and will pose a threat to the economic vitality of our residents and businesses; WHEREAS, the greatest burden from an inadequate response to the climate crisis will be felt by historically marginalized or underserved communities as well as the youngest generation, including the children and grandchildren of the city of Lauderdale; WHEREAS, in Minnesota, the ten warmest and wettest years ever recorded have all occurred since 1998, warming surface waters are leading to a significant loss of fish habitat for many prominent species as well as increasing the risk of harmful algae blooms, forests are changing as native northern species are strained by warming temperatures, crops are stressed by cycles of drought and floods, home insurance rates are rising far faster than the national average from an average of $368 in 1998 to $1348 in 2015, and faster warming winters are leading to new pests as well as shorter winter recreation seasons; WHEREAS, the bi-partisan Next Generation hnergy Act, passed by the Minnesota State Legislature and signed by then Governor Tim Pawlenty in 2007, committed our State to achieving to an 80% reduction in greenhouse gas (GHG) emissions by 2050 and with interim goals of 15% and 30% below 2005 GHG emissions levels by 2015 and 2025, respectively, with cities being key drivels of achieving these goals; WHEREAS, our State did not meet its 2015 goal, and is not yet on track to reach our future targets; WHEREAS, in April 2016 world leaders from 175 countries, including the United States, recognized the threat of chmate change and the urgent need to combat it by signing the Paris Agreement, agreeing to "pursue efforts to limit the temperature increase to 1.5 degrees Celsius"; WHEREAS, we have already reached a temperature increase of nearly 1.1 degrees Celsius (nearly 2 degrees Fahrenheit) as compared to pre -industrial times and the death and destruction aheady wrought by this level of global warming demonstrate that the Faith is already too hot for safety and justice, as attested by increased and intensifying wildfires, floods, rising seas, diseases, droughts, and extreme weather; WHEREAS, in August 2021 the Intergovernmental Panel on Climate Change (IPCC), the United Nations body responsible for assessing the science related to climate change, released a report that stated `It is unequivocal that human influence has warmed the atmosphere and land," and that "Human influence has warmed the climate at a sate that is unprecedented in at least the last 2000 years," and 'with every additional increment of global warming, changes in extremes continue to become larger"; WHEREAS, recent scientific research indicates that to achieve the goal of limiting temperature increase to 1.5 degrees Celsius, carbon emissions must be halved by 2030 and reach net zero global emissions by 2050; WHEREAS, a transition to a clean energy economy, if not carefully planned, would have a disruptive effect on impact on the livelihoods of many in our community while a well-planned transition may provide expanded job opportunities for local residents; WHEREAS, 2,012 jurisdictions in 34 countries including Minnesota leaders Duluth, Minneapolis, and Crystal Bay Township, have already declared climate emergencies in order to focus attention on the need for rapid action to address climate change; NOW, THEREFORE, BE IT RESOLVED, that the city of Lauderdale declares that a climate emergency threatens our city, region, state, nation, humanity and the natural world. BE IT FURTHER RESOLVED, the city of Lauderdale commits to working for must transition and climate emergency mobilization effort and will implement GreenStep Cities best practices related to energy, climate actions, climate adaptation and resilience and fund invasive species removal habitat restoration, and the preservation of pollinator habitat The City will identify projects to take advantage of state and federal climate action funding opportunities. BE IT FURTHER RESOLVED, the city of Lauderdale supports residents and businesses in their efforts to fight climate change. This includes but is not limited to supporting iaingarden, solar panels, pollinator license applications, invasive species removal and habitat restoration. BE IT FURTHER RESOLVED, the city of Lauderdale calls on the Minnesota legislature and executive branch to immediately and aggressively support cities of all sizes around Minnesota to both mitigate and adapt to the effects of climate change including providing funding and resources for the development and implementation of climate action plans. BE IT FURTHER RESOLVED, the city of Lauderdale calls on the federal government to immediately commit resources to support the climate mitigation and adaptation efforts of cities large and small, to invest in the infiastructure needed for a sustainable future, to ensure that investment is at the scale needed, and to provide the necessary global leadership to keep global warming to 1.5 degrees Celsius (2.7 degrees Fahrenheit). Adopted this 25' day of January 2022. Mary Gaasch, Mayor (ATThST) Heather Butkowski, City Administrator LAUDERDALE COUNCIL ACTION FORM Action Requested Consent Public Hearing Discussion X Action X Resolution X Work Session Meeting Date January 25, 2022 ITEM NUMBER Lot Line Rearrangement STAFF INITIAL APPROVED BY ADMINISTRATOR DESCRIPTION OF ISSUE AND PAST COUNCIL ACTION: Please see the city planner's memo regarding the lot line rearrangement at 1864 and 1872 Malvern Stieet. The county has not recorded the vacant lot as 1872 Malvein Street yet but that was approved by the city council in a previous resolution. OPTIONS: STAFF RECOMMENDATION: Motion to adopt Resolution No. 012522B Approving the Lot Line Rearrangement at 1864 Malvern Street. STAFF REPORT To: Mayor and City Council Heather Butkowski, City Administrator From: Jennifer Haskamp Consulting City Planner Summary of Request Date: RE: January 21, 2022 Application for Lot Line Rearrangement - 1864 Malvern Street The Applicant, Joe Taylor on behalf of N1126 LLC, is proposing a lot line rearrangement of the current parcels so that a portion of the Applicant's property can be sold to the adjacent property owner (Schumacher Holdings LLC) The proposed rearrangement will enlarge an existing buildable vacant lot. Project Summary Applicant/Owuet J\I126 LLC (loe "Taylor) Purchasing Property Owner Application: Zoning Address Schumacher Holdings LLC or affiliated entity (Ramsey Co. GIS Records) PIDs fo rearrange the lot lines of existing PIDs 172923320009 and 172923320126 R-1 Existing Parcel Sizes 1864 Malvern Street 872 Malvern Street (Vacant) 0.23 Acres (1864 Malvern) 0.12 Acres (1872 Malvern) 2040 Land Use Low Density Residential (LDR) The proposed lot line rearrangement and lot combination will result in a smaller lot at 1864 Malvern Street than currently exists today, and will create a larger vacant parcel where a new home is planned to be constructed. fhe proposed rearrangement and combination will crepe two new parcel descriptions for each parcel as shown on the Certificate of Survey dated December 28, 2021 (see Attachment A). The rearrangement will result in two lots of 1pproximately the same size and dimension. The following analysis of the proposed lot line rerrangement and combination is provided for review and consideration: Land Use and Zoning Consistency Comprehensive Plan Review The City s adopted 2040 Comprehensive Plan guides the subject parcels as Low Density Residential (LDR). There are two existing PIDs or parcels associated with the subject application, and the proposed rearrangement will result in two parcels provided the conditions as noted in the attached resolution are met. The proposed rearrangement and combination is consistent with the adopted land use and Comprehensive Plan. 1 Zoning Consistency 1864 Malvern Street and the vacant parcel at 1872 Malvern Street are both zoned Suburban Residential (R-1). The proposed lot line rearrangement and lot combination will not create any new lots and does not propose to rezone the subject property. The following dimensional standards regarding the subject application are provided: *Note the e icting przncpal stnicturr (home) and detached gauge (accessory) are an etiis/ing condition and that dimes cion is not proposed to change as a result of the proposed rem-new/ma. Dimensional Analysis Lot Size The existing parcel configuration includes two parcels: 1864 Malvern (10,019 SID; and 1872 Malvern Street (-5,227 SF) which is vacant. The rearrange hent will result m two approximately equally sized parcels containing approximately 7,587 and 7,574 SF respectively. The proposed lot line rearrangement and consolidation meets and exceeds the City's lot size standards. Lot \\/idth The existing lot width of 1864 Malvern is approximately 80 -feet wide, and the vacant lot is approximately 40 feet wide. The proposed configuration will result m both lots having 60 -feet of frontage. The proposed configuration will create a mote conforming lot for the vacant parcel, and the existing lot will remain in conformance with the lot width standards. The proposed lot line rearrangement and consolidation meets and exceeds the City's lot w idth standards. Staff recommends including a condition that the Certificate of Surface showing the proposed rearrangement and consolidation including the revised legal descriptions must be recorded n*h Ramsey County, and that the lot combination of the vacant parcel is a requirement of this approval Setbacks (Front Yard, Rear Yard and Side Yard) There is an existing home and detached garage on the property at 1864 Malvern Street. The existing structs res are located near the southern property line and do not meet the current side yard setback standards. Iowever the proposed lot line rearrangement does not impact or alter the southerly lot line, and therefore the existing non -conforming setback is not further exacerbated by the proposed rearrangement As proposed, the northerly property line will shift approximately 20 -feet south resulting in a side -yard setback of approximately 7.94 -feet which meets the City's minimum side -yard setback requirements. 2 Proposed Rearrangement Dimensional Requirement R-1 Zoning 1864 Mali ern 1872 Malvern (PID 172923320126) Lot -\rea 7,500 SF 7,587 SF (0.17 Ac) 7,574 SF (0.17 Ac.) Lot Width (ft) 60' 60' 60' Front -A aid Setback 30' 30.4' TBD Rear -Yard Setback 20' —60' (house) 3.51 ' (detcrchedgarage)* TBD Side -Yard Setback 5' 7.94' (Interior) /.7' (C'ornco)* TBD *Note the e icting przncpal stnicturr (home) and detached gauge (accessory) are an etiis/ing condition and that dimes cion is not proposed to change as a result of the proposed rem-new/ma. Dimensional Analysis Lot Size The existing parcel configuration includes two parcels: 1864 Malvern (10,019 SID; and 1872 Malvern Street (-5,227 SF) which is vacant. The rearrange hent will result m two approximately equally sized parcels containing approximately 7,587 and 7,574 SF respectively. The proposed lot line rearrangement and consolidation meets and exceeds the City's lot size standards. Lot \\/idth The existing lot width of 1864 Malvern is approximately 80 -feet wide, and the vacant lot is approximately 40 feet wide. The proposed configuration will result m both lots having 60 -feet of frontage. The proposed configuration will create a mote conforming lot for the vacant parcel, and the existing lot will remain in conformance with the lot width standards. The proposed lot line rearrangement and consolidation meets and exceeds the City's lot w idth standards. Staff recommends including a condition that the Certificate of Surface showing the proposed rearrangement and consolidation including the revised legal descriptions must be recorded n*h Ramsey County, and that the lot combination of the vacant parcel is a requirement of this approval Setbacks (Front Yard, Rear Yard and Side Yard) There is an existing home and detached garage on the property at 1864 Malvern Street. The existing structs res are located near the southern property line and do not meet the current side yard setback standards. Iowever the proposed lot line rearrangement does not impact or alter the southerly lot line, and therefore the existing non -conforming setback is not further exacerbated by the proposed rearrangement As proposed, the northerly property line will shift approximately 20 -feet south resulting in a side -yard setback of approximately 7.94 -feet which meets the City's minimum side -yard setback requirements. 2 The created vacant parcel is planned to be developed with a single-family detached home, but the proposed home is not included as part of this application. Staff recommends including a condition in the approval that any future development of the vacant parcel must meet the City's ordinance setback requirements. Action requested Staff recommends approval of the proposed lot line rearrangement and lot combination with the conditions as noted in the attached resolution. Attachments Exhibit A: Certificate of Survey, December 28, 2021 Exhibit B: Draft Resolution of Approval 3 EXISTING CERTIFICATE OF SURVEY CONDITIONS Survey for Tim Helin N TBM 'ELEV. = 946.62 38.02 -946 62 947 14_ 948.7 P +949.u4 30. 0 -}-947.03 -947.54 }� -1-948.17 948.08 L. gct U swaQ a � el 0 0 +947.00 -950.14 950.35 1 950.40 951.50 +949.821 1410t 130$ , r S89°47'39' F1 -{-947.14 -1 26.21 948.1 +946.80 947.03+ 0 20 feet Scale: 1 inch = 20 feet i 1.78 TBM ELEV. = 946.62 TC at centerline of carriage walk -•-1 12.00 f• -- 0 of 112.48 +*10 1) +948.05 -). +948.95 (O 1 tie- vi 948.43 -}-947+4 S 89°47'39"E - -946,8679 14 -sr- 126.38 +946.90 1'r T ^ -947.92 t_r 950.68+ 950.89 30.42 95\ 89°4739"E i ri 126.45 74 q5`�4 /south line of the north half of Lot 17 south line of Lot 18 948.61 -948.55 20 2 Deck • north line of Lot 16 -\ S 89°47'39". • 11L' 126.52 4N. .1 126.61 S 89°47'39"E (60.00 Foot Public Dedicated Right -of -Way) cv Summer Street I hereby certify that this plan, survey, or report was prepared by me or under my direct supervision and that I am a duly registered Land Surveyor under the laws of the State of Minnesota. OS- -Gila Willis L. llliard, R.L.S., Minn. Reg. No 9587 December 28, 2021 Willis L. Gilliard Civil Engineer and Land Surveyor PO Box 17; 405 Central Avenue East St. Michael, Minnesota 55376 612-382-0795 52. 954.6, ' • -1 • - • v 951.83 952.13 o 0 • a +953,37 952.29 a) A i 953.16 • 3.51 A 1- 5 h�� -{-954.32 954.59 1 953.65 1 95 t121 954.56 EXISTING LEGAL DESCRIPTIONS Lots 16 and 17, Block 6, Lauderdale's East Side Addition, Ramsey County, Minnesota. Lot 18, Block 6, Lauderdale's East Side Addition, Ramsey County, Minnesota. PROPOSED LEGAL DESCRIPTIONS Lot 18, and the north half of Lot 17, Block 6, Lauderdale's East Side Addition, Ramsey County, Minnesota. Lots 16 and 17, EXCEPTING therefrom the north half of said Lot 17, Block 6, Lauderdale's East Side Addition, Ramsey County, Minnesota. Council Member introduced the following resolution and moved its adoption: RESOLUTION NO. 012522B CITY OF LAUDERDALE COUNTY OF RAMSEY STATE OF MINNESOTA A RESOLUTION APPROVING THE LOT LINE REARRANGEMENT AT 1864 MALVERN STREET A. WHEREAS, Joe Taylor on behalf of M126 LLC ("Applicant") submitted an application for a Lot Line Rearrangement — Minor Subdivision of the pioperty located 1864 Malvern Street which is legally described in Exhibit A, in the City of Lauderdale Minnesota; and B. WHEREAS, the proposed subdivision divides an existing parcel into two parcels, and combines the resulting area with the adjacent parcels shown on the submitted survey dated December 28, 2021; and C. WHEREAS, the rearrangement will result in two approximately equally sized parcels; and D. WHEREAS, there is an existing principal structure at 1864 Malvern that will remain after the proposed rearrangement and consolidation; and F. WHEREAS, the adjacent parcel is vacant and is planned to be developed with a single family detached structuie and F. WHEREAS, the resulting parcels will contain approximately 7,587 Square Feet and 7,574 Square Feet; and G. WHEREAS, the City Council has considered the Applicant's request for a lot line rearrangement and combination at a regular City Council meeting which took place on January 25, 2022. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lauderdale, Minnesota, that it does hereby approve the request of M126 LLC for a lot line rearrangement and lot combination based upon the following findings: ■ The proposed lot line rearrangement is consistent with the City's adopted 2040 Comprehensive Plan The lot line rearrangement and combination will not negatively affect the physical characteristics of the lots or the neighborhood. ■ The lot line rearrangement results in two lots containing approximately 7,587 Square feet and 7,574 Square Feet and both resulting lots comply with the lot area requirements for parcels zoned R-1. The lot line rearrangement and combination will not be detrimental to or endanger the public health, safety or general welfare of the city, its residents, or the existing neighborhood. FURTHER, BE IT RESOLVED by the City Council of the City of Lauderdale, Minnesota, that it does hereby approve the request of M126 LLC for lot line rearrangement and lot combination provided that the following conditions are met. 1. The configui ation as shown on the Certificate of Survey dated December 28, 2021 shall be recorded by the Applicant at the Ramsey County recorder's office within 180 -days of this approval or such lot line rear i angement shall be deemed invalid. 2. The Applicant shall prepare and submit the revised deeds for the new configuration of both Parcels. The deeds shall be reviewed and stamped by the City Attorney, which shall be recorded by the Applicant at the Ramsey County 1 ecorder's office. 3. The portion of property owned by the Applicant on the vacant parcel at the time of this iearrangement may only be sold to the property owner of the existing vacant parcel listed in the Ramsey County Records as Schumacher Holdings LLC; and 4. That the vacant area created by this subdivision must be combined with the existing vacant parcel with PID 172923320126, and that the resulting configuration creates no more than one legal parcel. Adopted this 25th day of January 2022. Mary Gaasch, Mayor ATTEST: Heather Butkowski, City Administrator -Clerk The motion for the adoption of the forgoing resolution was duly seconded by Member and upon vote being taken the following voted in favor thereof And the following voted against same: Whereupon said resolution was declared duly passed. LAUDERDALE COUNCIL ACTION FORM Action Requested Consent X Public Hearing Discussion Action Resolution Work Session Meeting Date January 25, 2022 ITEM NUMBER Council Meeting Schedule STAFF INITIAL MC APPROVED BY ADMINISTRATOR DESCRIPTION OF ISSUE AND PAST COUNCIL ACTION: Annually, the City Council sets its meeting schedule for the following year. If the Council continues to meet the second and fourth Tuesdays of the month, the schedule would be as attached. Holidays do not conflict with the proposed meeting schedule but the primary elec- tion in August does. A date for the August 9 meeting will need to be determined during the meeting if possible or at a later date. Based on feedback from the last meeting, staff put Monday, August 8 on the schedule. It can be adopted with any date and changed if needed when the time grows closer. After the Council adopts the meeting schedule, it will be post- ed at City Hall. OPTIONS: • Adopt the attached City Council meeting schedule. • Propose a new schedule. STAFF RECOMMENDATION: Motion to adopt the City Council meeting schedule for 2022. COUNCIL ACTION: 2022 Lauderdale Schedule City Council Meetings January 11 January 25 February 8 February 22 March 8 March 22 April 12 April 26 May 10 May 24 June 14 June 28 July 12 July 26 August 8 (Mon.) August 23 September 13 September 27 October 11 October 25 November 8 November 22 December 13 Holidays Observed New Year's Eve — Friday, December 31 M. L King Day — Monday January 17 President's Day — Monday, February 21 Memorial Day —Monday, May 30 Independence Day — Monday, July 4 Labor Day — Monday, September 5 Veterans Day — Friday, November 11 Thanksgiving Holiday—Thursday, November 24 & Friday, November 25 Christmas Holiday — Friday, December 23 & Monday, December 26 Meeting Notes: City Council meetings begin at 7:00 p.m. and will be held virtually until the COVID-19 emergency declai ation is rescinded At that time council meetings will iesume at Lauderdale City Hall, 1891 Walnut Street. LAUDERDALE COUNCIL ACTION FORM Action Requested Consent Public Hearing Discussion X Action Resolution Work Session X Meeting Date January 25, 2022 ITEM NUMBER Committee Assignments STAFF INITIAL APPROVED BY ADMINISTRATOR DESCRIPTION OF ISSUE AND PAST COUNCIL ACTION: The Council determines committee assignments and makes other designations at the begin- ning of the yeas. The following document has the committee assignments and designations from last year. The notable exception is the appointment of Andy Schreder and Rum River Construction Consultants as the City's building official. Staff carried over the assignments florin 2021 to 2022 and will make changes based on the outcome of the discussion. With absences at the last meeting, this item was carried over for discussion. OPTIONS: STAFF RECOMMENDATION: Motion to adopt committee assignments and designations as discussed. Mayor Pro Tem B ank Signatories B uilding Official: Residential Building Official: Commercial D ata Practices Officer D ata Practices Compliance Officer LMC Metro Cities MWMO NYFS N SCC Community Events P olice Liaison RCLLG CITY OF LAUDERDALE 2022 APPOINTMENTS 2021 2022 Moffatt Moffatt Gaasch D ains B utkowski David Hinrichs Duane Grace B utkowski City Attorney Council: Moffatt Staff Butkowski Council: Gaasch Staff: Butkowski Dains Alt: Gaasch N ot a member Council: Pulford Alt: Moffatt D og Park: Gaasch Day in the Park: Grove Halloween: Grove Council: Gaasch Staff: Butkowski Council: Grove Alt: Gaasch Gaasch Dains Butkowski Rum River Construction Consultants Rum River Construction Consultants Butkowski City Attorney Council: Moffatt Staff: Butkowski Council: Gaasch Staff: Butkowski Dains Alt: Gaasch Council: Pulford Alt: Moffatt Dog Park: Gaasch Day in the Parke Grove Halloween: Glove Council: Gaasch Staff: Butkowski Council: Grove Alf Gaasch SRA Council. Dains Alt: Butkowski Council. Dains Alt: Butkowski Zoning Admin. Bownik Bownik City Fngineer Stantec Stantec City Civil Attorney Kennedy & Graven Kennedy & Graven City Pros. Attorney Joseph Law H/J Law Official Newspaper Pioneer Press Pioneer Press NOTE: Any council member may attend LMC, Metro Cities, or RCLLG Meetings. Committees & Commissions Mayor Pro Tem: The council member that will preside over the meeting in the mayor's absence. League of Minnesota Cities (LMC): As a LMC member city, the City receives many services, the two most important being training and representation at the Capitol. The City also purchases insurance through the League's Insurance Trust. There are many different types of LMC meetings and trammgs happening year round. All council membeis are able to get involved. The duty of the LMC appointee is to vote on the City's behalf at the annual meeting, if present. Metro Cities: Metro Cities represents the interests of member cities in the seven county metropolitan area, primarily representing cities before the Metropolitan Council and at the Capitol. The primary duty of the appointee is to vote on the City's behalf at the annual meeting. Mississippi Water Management Organization (MWMO): The City is one member of a joint powers board that manages and monitors the storm water quality in the Middle Mississippi Watershed area. The MWMO covers the southwest part of the city (south of Larpenteur Avenue and west of Fustis Street). North Suburban Cable Commission (NSCC): The City is one of nine northern suburbs that jointly administer cable franchise agreements with Comcast and CenturyLink The commission also oversees the operation of the local access stations and the institutional network. The board meets the first Thursday evening of each month at the cable commission office in Roseville. Northeast Youth and Family Services (NYFS) The City became a member in 2022. The Board traditionally meets on the fourth Thursday of the month from 7:30-9:OOAM The Board skips August and combines the November and December meetings for a total of ten meetings a year. Police Liaison: The police liaison meets with the St. Anthony Police Chief as needed. Ramsey County League of Local Governments (RCLLG): Ramsey County cities, school districts, and special districts meet monthly to network and learn through common issues. Meetings are held in the evening on the third Thursday of the month at alternating locations in Ramsey County. teach meeting is organized around a topic or trainer. Suburban Rate Authority (SRA): The Suburban Rate Authority consists of metro communities in a joint powers arrangement that collectively work together to represent municipal interests in dealings with public utility providers like Xcel hnergy and CenterPoint hnergy. The group also provides a voice for rate payers when the Public Utilities Commission and utility providers negotiate rate increases and service changes. The committee meets quarterly (third Wednesday) at member city locations.