HomeMy WebLinkAboutAgenda Packets - 1991/04/22 O CITY OF MOUNDS VIEW
CITY COUNCIL
APRIL 22, 1991
7:00 P.M.
AGENDA
The City Council is provided background information for agenda items in
advance by staff and appointed commissions, committees and boards.
Decisions are based on this information, as well as City policy and
practices, input from constituents and a Councilmember's personal
judgement. If you have comments, questions or information regarding an
item on the agenda, please step forward to be recognized by the Mayor
during the "Residents Requests and Comments From the Floor" item on the
agenda. Please state your name and address for the record. All comments
are appreciated. A copy of all printed materials relating to the agenda
item is available for public inspection at the Recording Secretary's Desk.
1. CALL TO ORDER
2 . PLEDGE OF ALLEGIANCE
3 . ROLL CALL - Rickaby, Wuori, Quick,
Blanchard, Linke
4. APPROVAL OF MINUTES: April 8, 1991
Regular Meeting
COUNCIL ACTION: A T D
5. SPECIAL ORDER OF BUSINESS:
o Consideration and Presentation of Resolution No.
4070 Regarding Recognition for Edgewood
6th Grader Mark Gibson for being the First Student
to Represent District 621 in the Star Tribune State
Spelling Bee (Staff Report No. 91-6A)
o Proclamation for Arbor Day and Arbor Month
(Staff Report No.91-3A)
0
AGENDA
PAGE THREE
APRIL 22, 1991
COUNCIL ACTION: A T D
9 . COUNCIL BUSINESS:
1. Approve Resolution No. 4069 Relating to the Issuance
of Certain General Obligation Bonds for Fire
Protection Purposes and Levying Taxes for the City's
Share Thereof (Staff Report No. 91-3C)
COUNCIL ACTION: A T D
2 . Approve Resolution No. 4073 Providing for the
Issuance and Sale of $2,875, 000 General Obligation
Water Revenue Bonds, Series 1991A (Staff Report No.
91-4C)
111 COUNCIL ACTION: A T D
3 . Consideration of Staff Report Regarding Appointments
to the Land Use Study Task Force (Staff Report No.
91-5C)
COUNCIL ACTION: A T D
4 . Consideration of Staff Report Regarding Purchase of
Seeder—(stam Report Ne 9-1-6E)
COUNCIL ACTION: A T D
5 . Consideration of Staff Report and Resolution No.
4074. Regarding Approving the Variance Request of
Charles Cook, 2673 Sherwood Road (Staff Report No.
91-7C)
COUNCIL ACTION: A T D
AGENDA
i CITY OF MOUNDS VIEW
CITY COUNCIL
APRIL 22, 1991
7:00 P.M.
AGENDA
The City Council is provided background information for agenda items in
advance by staff and appointed commissions, committees and boards.
Decisions are based on this information, as well as City policy and
practices, input from constituents and a Councilmember's personal
judgement. If you have comments, questions or information regarding an
item on the agenda, please step forward to be recognized by the Mayor
during the "Residents Requests and Comments From the Floor" item on the
agenda. Please state your name and address for the record. All comments
are appreciated. A copy of all printed materials relating to the agenda
item is available for public inspection at the Recording Secretary's Desk.
1. CALL TO ORDER
S2 . PLEDGE OF ALLEGIANCE
3 . ROLL CALL - Rickaby, Wuori, Quick,
Blanchard, Linke
4 . APPROVAL OF MINUTES: April 8, 1991
Regular Meeting
COUNCIL ACTION: A T D
5. SPECIAL ORDER OF BUSINESS:
o Consideration and Presentation of Resolution No.
4070 Regarding Recognition for Edgewood
6th Grader Mark Gibson for being the First Student
to Represent District 621 in the Star Tribune State
Spelling Bee (Staff Report No. 91-6A)
o Proclamation for Arbor Day and Arbor Month
(Staff Report No.91-3A)
AGENDA
PAGE TWO40
APRIL 22, 1991
Citizens' comments are encouraged to allow individual citizens to address
the Council, as a whole, on a matter of interest or concern to the
citizens. The preservation of the Citizens' Comments item on the agenda is
important in order to encourage and maintain this information flow. To
preserve and protect this valuable communications link, a speaker is
limited to three (3) minutes.
6 . RESIDENTS REQUESTS AND COMMENTS FROM THE FLOOR
CITIZENS: BEFORE SPEAKING PLEASE GIVE YOUR FULL
NAME AND ADDRESS FOR THE MINUTES
7 . PUBLIC HEARINGS:
None
8 . CONSENT AGENDA:
All matters listed under Consent Agenda are considered routine by the City
Council and will be acted on by one motion in the order listed below.
There may be an explanation, but no separate discussion on these items. If
discussion is desired, that item will be removed from the Consent Agenda
and considered separately.
1. Approve Agreement With Whitesell Tree Service, Inc . •
and Precision Landscape and Tree, Inc.
(Staff Report No. 91-4A)
2 . Set Public Hearing for 7:05 p.m. on May 13, 1991 for
Variance Appeal Request By John Engberg, 3030 County
Road J
3 . Adopt Resolution No. 4072 Approving Just and Correct
Claims Against City Funds
5 . Licenses for Approval
General Expires &130±91
Harstad Homes, Inc . - New
Home Remodelers - New
Minnesota Exteriors, Inc. - New
Sewer and Water - Expires 6/30/91
Perron Sewer and Water - New
Signs - Expires 6/30/91
Signcrafters, Inc. - New
Other - Expires 6/30/91
Olson Fire Protection, Inc . - New 0
Dakota Fire Suppression, Inc.
AGENDA
111 PAGE THREE
APRIL 22, 1991
COUNCIL ACTION: A T D
9 . COUNCIL BUSINESS:
1. Approve Resolution No. 4069 Relating to the Issuance
of Certain General Obligation Bonds for Fire
Protection Purposes and Levying Taxes for the City's
Share Thereof (Staff Report No. 91-3C)
COUNCIL ACTION: A T D
2 . Approve Resolution No. 4073 Providing for the
Issuance and Sale of $2,875,000 General Obligation
Water Revenue Bonds, Series 1991A (Staff Report No.
91-4C)
OCOUNCIL ACTION: A T D
3 . Consideration of Staff Report Regarding Appointments
to the Land Use Study Task Force (Staff Report No.
91-5C)
COUNCIL ACTION: A T D
4 . Consideration of Staff Report Regarding Purchase of
Seede-r—(-s-ta-f#—Repol- No 9-1-6G}
COUNCIL ACTION: A T D
5 . Consideration of Staff Report and Resolution No.
4074. Regarding Approving the Variance Request of
Charles Cook, 2673 Sherwood Road (Staff Report No.
91-7C)
COUNCIL ACTION: A T D
AGENDA
PAGE FOUR
APRIL 22, 1991
10 . REPORTS:
1. Report of Mayor Linke:
2 . Report of Councilmembers: Rickaby, Wuori, Quick,
Blanchard
3 . Report of Administrator
4 . Report of Staff
5 . Report of Attorney
11. ADJOURNMENT
NEXT AGENDA SESSION: MAY 6, 1991
NEXT REGULAR COUNCIL MEETING: MAY 13, 1991
EXTRACT OF MINUTES OF A MEETING OF
THE CITY COUNCIL OF THE
CITY OF MOUNDS VIEW, MINNESOTA
Pursuant to due call and notice thereof, a regular or
special meeting of the City Council of the City of Mounds View,
Minnesota, was duly held in the Mounds View City Hall on the 22nd
day of April, 1991, commencing at o'clock P.M. , C.T.
The following Councilmembers were present:
and the following were absent:
Councilmember introduced the
following resolution, the reading of which was waived by
unanimous consent of the Council, and moved its adoption:
RESOLUTION NO. 4069
RESOLUTION RELATING TO THE ISSUANCE OF CERTAIN
GENERAL OBLIGATION BONDS
FOR FIRE PROTECTION PURPOSES AND
LEVYING TAXES FOR THE CITY'S SHARE THEREOF
BE IT RESOLVED by the City Council (the "Council") of
the City of Mounds View, Minnesota (the "City") , as follows:
1. Recitals.
(a) The Cities of Mounds View, Blaine, and Spring Lake
Park (collectively, the "Cities") jointly cooperate in
meeting their municipal fire protection needs and have for
that purpose entered into various contracts with the Spring
Lake Park Fire Department, Inc. , a Minnesota non-profit
corporation.
(b) The Cities entered into a certain Joint Powers
Agreement for the Provision of Fire Protection Services,
15717
1
A
dated December 11, 1990 (the "Joint Powers Agreement") ,
providing in part for the issuance by the City of Blaine (on
behalf of all the Cities) of its bonds in an amount not to
exceed $4,450, 000 (the "Bonds") for the purpose of defraying
the expense of the acquisition, construction, furnishing,
and betterment of land, buildings, and equipment for
municipal fire protection and firefighting purposes.
(c) Pursuant to Section III(G) of the Joint Powers
Agreement, each City's share of the debt service on the
Bonds is from year to year equal to that City's percentage
for that year derived from a certain formula (the "Formula")
multiplied by the total amount of debt service due on the
Bonds in the applicable year.
(d) The City's Formula share applicable for 1992 (the
year in which first payment of debt service on the Bonds
occurs) is 22 .75%. Accordingly, the City's share of the
principal amount of the Bonds (which share is hereinafter
referred to as the "City's Bonds") is initially $1, 012 , 375.
(e) At the general municipal election held in the City
on November 6, 1990, the electorate of the City gave its
approval by a vote of 3 , 198 in favor to 1, 317 opposed to the
following question, which was duly presented to the
electorate for its consideration:
"Shall the City of Mounds View,
Minnesota, be authorized to issue
its general obligation bonds in an
amount not to exceed $945, 000 to
defray the expense of the
acquisition, construction,
furnishing, and betterment of land,
buildings and equipment for
municipal fire protection and fire-
fighting purposes?"
(f)---In-the interests-of-efficiency, and-as-provided-ill
the Joint Powers Agreement, the City of Blaine is to be the
issuer of the Bonds, and the Council has been advised that
on April 18, 1991, the Blaine City Council adopted a
resolution awarding the public sale and setting the terms of
the Bonds. Pursuant to that resolution, the Bonds will be
dated as of May 1, 1991, will mature on February 1 in the
years and amounts, and will bear per annum interest,
respectively, as follows:
15717
2
Maturity Year Amount Interest Rate
1994 $ 125,000
1995 135, 000
1996 140,000
1997 150, 000
1998 165, 000
1999 175, 000
2000 185, 000
2001 195, 000
2002 210, 000
2003 220, 000
2004 235, 000
2005 250, 000
2006 265, 000
2007 280, 000
2008 300, 000
2009 320,000
2010 345, 000
2011 365, 000
2012 390,000
$4,450,000
2 . Purpose and Ratification. The purpose of this
Resolution is in part to provide for the security for and payment
of the City's Bonds pursuant to Minnesota Statutes, Section
475. 61, to the same extent and with the same effect as though the
City had issued the City's Bonds. The Council hereby ratifies
and approves the issuance of the Bonds by the City of Blaine for
the benefit of the Cities and the Council further reaffirms and
ratifies the City's obligation to contribute its share of the
debt service on those Bonds from year to year.
3 . Small Issuer; Rebate. For purposes of qualifying for
the small issuer exception to the federal arbitrage rebate
requirements provided in Section 148 (f) (4) (D) of the Internal
Revenue Code of 1986, as amended (the "Code") , the City hereby
finds, determines and declares that (1) the City is, and the
Bonds-are-issued-by, a-governmental-unit-with-general taxing
powers, j) no Bond is a private activity bonder (3) 95% or more
of the net proceeds of the City's Bonds are to be used for local
governmental activities of the City (or of a governmental unit
the jurisdiction of which is entirely within the jurisdiction of
the City) , and (4) the sum of the $1, 012, 375 of the City's Bonds
plus the aggregate face amount of all other tax-exempt
obligations (other than private activity bonds) issued by the
City (and all entities subordinate to, or treated as one issuer
with, the City) during the 1991 calendar year is not reasonably
expected to exceed $5, 000, 000, all within the meaning of Section
15717
3
148 (f) (4) (D) of the Code. For purposes of the foregoing, the
City is treating the City's Bonds as a loan made by the City of
Blaine to the City within the meaning of Section 148 (f) (4) (D) -
(ii) (II) of the Code.
4 . Designation of Qualified Tax-Exempt Obligations. In
order to qualify the Bonds as "qualified tax-exempt obligations"
within the meaning of Section 265(b) (3) of the Code, the City
hereby makes the following factual statements and
representations:
(a) the City's Bonds are issued after August 7, 1986;
(b) the City's Bonds are not "private activity bonds"
as defined in Section 141 of the Code;
(c) the City hereby designates the City's Bonds as
"qualified tax-exempt obligations" for purposes of Section
265 (b) (3) of the Code;
(d) the sum of the $1,012, 375 of the City's Bonds plus
the reasonably anticipated amount of all other tax-exempt
obligations (other than private activity bonds, treating
qualified 501(c) (3) bonds as not being private activity
bonds) which will be issued by the City (and all entities
subordinate to, or treated as one issuer with, the City)
during calendar year 1991 will not exceed $10, 000, 000;
(e) the sum of the $1, 012,375 of the City's Bonds plus
the aggregate principal amount of all other obligations
issued or to be issued by the City during calendar year 1991
which have been designated or which are anticipated to be
eligible for designation for purposes of Section 265 (b) (3)
of the Code does not and is not reasonably expected to
exceed $10, 000, 000; and
(f) pursuant to Section 265 (b) (3) (C) (iii) of the Code,
the City states that it is receiving the benefits from the
i the-$-1-,-012, 3 7 5 of the-City's Bonds-and the City
hereby irrevocably agrees with the City of Blaine to the
aIlocAtion of said amount to the City for purposes of
Section 265 (b) (3) of the Code and further agrees and finds
that said allocation bears a reasonable relationship to the
respective benefits received.
5. Tax Levies. To provide moneys for payment of the
principal of and interest on the City's Bonds, and for the
benefit of the owners from time to time of the City's Bonds and
for the benefit of the City of Blaine in respect of its payment
15717
4
obligations as the issuer thereof, there is hereby levied upon
all of the taxable property in the City a direct annual ad
valorem tax which shall be spread upon the tax rolls and
collected with and as part of other general property taxes in the
City for the years and in the amounts as follows:
Year of Tax Year of Tax
Levy Collection Amount
1991 1992
1992 1993
1993 1994
1994 1995
1995 1996
1996 1997
1997 1998
1998 1999
1999 2000
2000 2001
2001 2002
2002 2003
2003 2004
2004 2005
2005 2006
2006 2007
2007 2008
2008 2009
2009 2010
2010 2011
The tax levies shall be irrepealable so long as any of
the City's Bonds are outstanding and unpaid, provided that the
City reserves the right and power to reduce the levies in the
manner and to the extent permitted by Minnesota Statutes, Section
475. 61, Subdivision 3, and to reduce or increase the levies in
response to changes from year to year in the City's Formula share
of the debt service on the Bonds.
It—i-s—h reby found det-ermined that aha enues
provided herein for the payment of the City's Bonds will be
available in amounts sufficient to produce at least five percent
(5%) in excess of the amount needed to meet, when due, the
principal and interest payments on the City's Bonds.
For the prompt and full payment of the principal and
interest on the City's Bonds, as the same respectively become
due, the full faith and credit and taxing powers of the City
shall be and are hereby irrevocably pledged.
15717
5
The provisions of this Resolution are made expressly
for the benefit of the owners from time to time of the City's
Bonds and for the benefit of the City of Blaine in respect of its
obligation as issuer thereof to make timely and full payment of
the debt service thereon. The City irrevocably pledges to use
such amounts of the foregoing levies and, in the event of any
insufficiency thereof, such other available funds of the City as
may be necessary to provide for the timely and full payment of
the debt service on the City's Bonds.
The City Clerk-Administrator is directed to file a certified
copy of this Resolution with the Director of Property Taxation of
Ramsey County and to obtain the certificate of said official
required by Minnesota Statutes, Section 475. 63 .
Adopted this 22nd day of April, 1991, by the Mounds
View City Council.
The motion for the adoption of the foregoing Resolution was
duly seconded by Councilmember and, after full
discussion thereof and upon a vote being taken thereon, the
following Councilmembers voted in favor thereof:
and the following voted against the same:
Whereupon said Resolution was declared duly passed and
adopted.
15717
6
City Clerk-Administrator's Certificate
I, the undersigned, being the duly qualified and acting City
Clerk-Administrator of the City of Mounds View, Minnesota, DO
HEREBY CERTIFY that I have carefully compared the attached and
foregoing extract of minutes with the original minutes of a
meeting of the City Council duly called and held on the date
therein indicated, which are on file and of record in my office,
and the same is a full, true and correct transcript therefrom
insofar as the same relates to the City's share of debt service
on, and other matters relating to, bonds issued to defray the
expense of certain municipal fire protection facilities.
WITNESS my hand as such City Clerk-Administrator and the
official seal of the City this day of , 1991.
City Clerk-Administrator
(SEAL)
15717
STATE OF MINNESOTA ) DIRECTOR OF PROPERTY TAXATION'S
CERTIFICATE OF FILING OF RESOLUTION ON
COUNTY OF RAMSEY ) BONDS AND MAKING TAX LEVIES THEREFOR
I, the undersigned Director of Property Taxation of Ramsey
County, Minnesota, hereby certify that a certified copy of a
resolution adopted by the City Council of the City of Mounds
View, Minnesota (the "City") , on April 22, 1991, relating to the
issuance, and levying taxes for the payment of the City's
$1, 012, 375 portion, of the $4,450, 000 General Obligation Fire
Improvement Bonds, Series 1991A, dated May 1, 1991, of the City
of Blaine, Minnesota, has been filed in my office and I further
certify that said taxes have been levied in accordance with
applicable law.
WITNESS my hand the official seal of my office this day
of , 1991.
Director of Property Taxation
Ramsey County, Minnesota
By
Deputy
(SEAL)
15717
:R,E. OLUTION N0, 4072
4111 CITY OF MOUNDS VIEW
COUNTY OF RAMSEY
STATE OF MINNESOTA
APPROVING JUST AND CORRECT
CLAIMS AGAINST CITY FUNDS
WHEREAS, the City Council of Mounds View, pursuant to
Minnesota Statutes 412.241, has full authority over the financial affairs
of the City and;
WHEREAS, The City Council has reviewed the claims numbers:
33319 through 33399 in the amount of $ 50,891.83
32561 through 32577 in the amount of $ 15,019.27
through in the amount of $
through in the amount of $
TOTAL AMOUNT OF CLAIMS PRESENTED $ 65,911. 10
• and has found said claims to be just and correct;
(list of any exception)
NOW THEREFORE, be it resolved that the City Council of Mounds View
hereby approved the attached lists of claims dated 04/23/91 by the
vote ayes nayes
ATTEST:
Mayor
(SEAL)
Clerk-Administrator
AGE 1 ACCOUN 1 S PAYABLE CHECK REG7.STER
P-C10--01 MOUNDS VIEW
ENDOR CHECK CHECK INVOICE INVOICE D1SCOUN1 CHEC4:
NO •41)OR NAME NUMBER DA1E INVOICE NMBR BA FE AMOUN F AMOUNT AM1.)UN!
4202 TOM ARTHUR :33319 04/23/91 04/23/91 40.00 40.01.
ACCOUNT NUMBER- :250-3500-•352138 AMT- 40.00 LIE SC--FUM ARTHUR/REFUND
VENDOR 1 01 AL 40.00 40.0,
420.3 FBS MORTGAGE 33320 04/21/91 04/23/91 54.95 94.9_;
ACCOUN1 NUMBER- 700-3991-000000 AMT- 54.95 DESC-FBS MORTGAGE/REFUND OF OVERPM1
VENDOR TOTAL 54.95 54.9`.
4204 CAROL GRAHAM 33321 04/23/91 04/23/91 24.15 24.1:°
ACCOUNT NUMBER- 700-3y91-000000 AMT- 24.15 DESC-CAROL GRAHAM/REFUND OF UVE RPMl.
VENDOR 101 AL 24.15 24.1"
4205 ESTATE OF GRAS NEWTON 13":22 04/23/91 04/23/91. 40.00 40.00
ACCOUNT NUMBER- %00--4121-901000 AN]- 40.00 DESC-ES1 OF ODAS NEWTON/REFUND
VENDOR TOTAL 40.00 40.0Q
1206 MINN SEX CRIMES INV. x 33323 04/23/91 04/23/97. 15.00 15.00
ACCOUNT NUMBER- 100-4200-361000 AMC- 15.00 LIESC-MSCIA/MEMBERSHIP--SILUK
VENDOR 1OTAL 15.00 15.00
1207 NDOA 4TH ANNUAL CGNFE* 33324 04/23/91 04/23/91 120.00 120.00
ACCOUNT NUMBER- 200-4120-363000 AMI- 120.00 DESC-NDOA 41N ANNUAL CONF-NELSON
VENDOR TOTAL 120.00 120.00
12081111 ENGLAND CAMP-SCHOx :33325 04/23/91 205401 03/25/91 54.97 54.9,
ACCOUNT NUMBER- 290-4354-160237 AM F- 54.97 DESC-NEW ENGLAND CAMP a SCH SUPPLY
VENDOR FO1AL 54.97 54.y;
4209 HEIDI WOLF 33326 04/23/91 04/:2:3/91 4.14 4. 14
ACCOUNT' NUMBER- 250-4351-160002 AMI- 4.14 DE:.SC-HE1DI WOLF/RE.IMBURSEMEN•I EXP
VENDOR TO FAL 4.14 4,114
1210 CHERYL AHLSTROM 33327 04/23/91 04/23/91 20.00 20.00
ACCOUNT NUMBER- 250-3500-352107 AMT-- 20.00 OESC-CHERYL AHLSTROM/REFUND
VENDOR TO 1 AL 20.00 20.0%
2.11 DELORES .BAILEY 3:n:21 014/2 ,/91 04123191 0.00 _20.00
ACCOUN1 NUMBER- 250-3500-352107 AMI- 20.00 DE.SC-DELORES BAILEY/REFUND
VENDOR F0 FAL 20.00 20.00
212 DOROTHY BAILEY 33329 04/23/91 04/23/91 20.00 20.00
ACCOUNT NUMBER- 250-3500-352107 AMT- 20.00 DESC-•DORO THY BAILEY/REFUND
VENDOR TO1AL 20.00 20.00
213 GORDON BERGGREN :333 .0 04/23/91 04/23/21 40.00 40.00
ACCOUNT NUMBER- 250-.3500-35210/ AMI- 40.00 DESC-GORDON BERGGREN/RE FUDN
VENDOR F!3 FAL 40.00 40.00
214 IKE DILLENBERG 33331 04/23/91 04/23/9:1. 20.00 20.00
ANIFUNT NUMBER- 250-:3500-•:352107 AM F- 20.00 1:IE SC-IGNE £IILLE:NBERG/R FUND
1GE 2 ACCOUNTS PAYABLE CHECK REG1S1ER
'-•C10-••01 MOUNDS VIEW
:NDOR CHECK CHECK INVOICE: INVOICE D1 sCOUN1 CHEM:.
NO •iOR NAME NUMBER DATE INVOICE NMBR DA1E AMOUNT AMOUNT AMOUNT
VENDOR 101AL 20.00 20.00
2i5 DOLORES DOERR 33032 04/29/91 04/23/91 20.00 .20.0x;
ACCOUNTNUMBER- 250-3500-352107 AM1- 20.00 UESC-DOL ORES DOERR/REFUND
VENDOR EU IAL 20.00 20.00
216 BORG GEOLA1 33333 04/23/91 04/23/91 20.00 20.0(-
ACCOUNT NUMBER- 250-3500- 352107 ANT- 20.00 i'ESC•-BORG GE_OLA f/REFUND
VENDOR 101AL 20.00 2.0.00
217 DOLORES KAROELL 3:3334 04/23/91 04/23/91 20.00 :20.,00
ACCOUNT NUMBER- 250-3500-352107 ANT- 20.00 DESC-DOLORES KARDELL/REFUND
VENDOR fU IAL 20.00 20.00
218 SHIRLEY KARDELL. 33335 04/23/91 04/23/91. 20.00 20.00
ACCOUNT NUMBER- 250-3500--352107 AM1-- 20.00 .DE:3C•-SHIRLEY KARDELL/REFUND
VENDOR 101AL 20.00 20.00
219 MAREN LEONARD 33396 04/23/91 04/23/91 20.00 20.00
ACCOUNT NUMBER- 250-3500-: 52107 AMT- 20.00 DESC-MAREN LEONARD/REFUND
VENDOR TOTAL 20.00 20.00
220 MIKE NELSON 33337 04/23/91 04/23/91 15.00 15.00
ANI NUMBER- 250-3500-354254 ANT- 15.00 DESC-MIKE NELSON/REFUND
VENDOR 101AL 15.00 15.00
221 DAWN TURNER 33338 04/23/9.1 04/2:3/91 13.00 13.00
ACCOUN'1 NUMBER- 250-3500-354229 AM1- 13.00 DESC•-•DAWN TURNER/REFUND
VENDOR TOTAL 13.00 13.00
222 IRENE WALTER 3J339 04/23/91 04/23/91. 15.00 15.00
ACCOUNT NUMBER- 250-3500-354229 Alli- 15.00 DESC-IRENE WALTER/REFUND
VENDOR 101AL 15.00 15.00
200 GEORGE ANDRES 33340 04/23/91 04/23/91 350.00 350.00
ACCOUNT NUMFBER :10 -00= 5 9.19 Alli- 3,50.m Litt-DC-MURK AMDR-ES/Til.l-OND
VEh41 4 MAL _ .-M.00__ 350.OL�--
290 A 1 & T 33341 04/2/91 5170432022 04/02/91 4.40 4.40
ACCOUNT NUMBER- 100-4190-310000 AMT- •4.40 DESC-AT&T/MON IHL'f LEASE
VENDOR 101AL 4.40 4.40
126 AIRSIGNAL, INC. . 33342 04/23/91 90/0972 04/01/91 49.77 49.17
ACCOUNT NUMBER- 700-4121-30:3000 ANT- 49.77 DISC-AIRSIGNAL/MON1HLY LEASE
VENDOR Til IAL 49.77 49.77
23 AMERICAN OFFICE PRODUx 33:343 04/23/91 239621 03/29/91 48.05 48.05
ACCOUN I NUMBER- 100-4190-114000 AMT- 48.05 OESC-AME R OFFICE PROD/2 STAMPS
343 04/23/91 239585 03/29/91 2.44 2.44
AONT NUMBER- 100-4190-114000 AMI-- 2.44 DESC-AMER OFFICE PROD/VINYL LE I FERS
. .
@E 3 ACCOUNlS PAYABLE CHECK REGISTER
'-C10-01 MOUNDS VIEW
NDOR CHECK CHECK INVOICE INVOICE DlSCOUNl CHECK
NO ODOR NAME NUMBER DA[E INVU[CE NMBR DA[E OMNI AMUUNT AMUUNT
33343 04/23/91 239881 03/29/91 45.60 45.60
Amor NUMBER- 100-4190-114000 AMI- 19.95 DESC-AMER OFFICE P8UD/ELEC SHARPENR
ACCOUNT NUMBER- 100-4190-114000 AMT- 25.65 DESC-AMER OFFICE PRUD/MISC SUPPLIES
33343 04/23/91 239392 04/05/91 325.00 325.00
ACCOUNl NUMBER- 100-4200-703000 AMI- 325.00 DESC-AMER OFFICE PROD/CHAIR
33343 04/23/91 238676 03/29/91 325.00 325.00
ACCOUNT NUMBER- 100-4350-703000 AMT- 325.00 MSC-AMER OFFICE PROD/CHAIR
VENDOR D][AL 746.09 746.09
185 AMERICAN SEMI PARTS K* 33344 04/23/91 512040 03/27/91 8.10 8.10
ACCOUNT NUMBER- 730-4121-123000 AM[- 8. 10 0ESC-AMERICAN S[ORES/PAR[S
VENDOR TOTAL 8.10 ' 8.10
881 BEACON SPURTS PRODUCT* 33345 04/23/91 300652 04/03/91 212.50 212.50
ACCOUNT NUMBER- 100-4360-121000 AMT- 212.50 DESC-BEACON SPUKlS/SPARKLE
VENDOR T01AL 212.50 212.50
050 CEI 33346 04/23/91 028200 03/21/91 189.88 189.88
ACCOUNT NUMBER- 700-4121-160000 AMT- 158.53 DESC-CEI/AIRLESS JACKHAMMER
ACCOUNT NUMBER- 700-4121-160000 AMT- 31.35 MSC-CEJ/3" ASPHALT CHISEL
VENDOR 7OiAL 189.88 189.88
D18 CHAMPLIN ATHLETIC 33347 04/23/91 22761 04/10/91 2352.00 2352.00
Aggitmr NUMBER- 250-4352-160119 ANT- 1554.00 DESC-CHAMPLIN A[HLE[IC/SUF[8ALLS
AmNuNT NUMBER- 250-4352-160120 AMI- 504.00 DESC-CHAMPLIN AlHLUlC/SUFTBALLS
ACCOUNT NUMBER- 250-4352-160123 AMT- 168.00 DESC-CHAMPLIN ATHLEOC/GUF[BALLG
ACCOUNT NUMBER- 250-4352-160125 AMT- 42.00 DE8C-CHAMPLIN AlHLE1IC/SUFl8ALLS
ACCUUN[ NUMBER- 250-4352-160128 AMT- 84.00 DESC-CHAMPLIN A[HLE[IC/SUFT8ALLS
VENDOR TOTAL 2352.00 2352.00
)35 CHASE THIRD CENIURY L* 33348 04/23/91 03/23/91 47.40 4/.40
ACCOUNT NUMBER- 100-4200-401000 AMY- 47.40 DESC-CHASE-1H1RD CENlURY/COPR LEASE
VENDOR TU[AL 47.40 47.40
•
L27 CHIPPEWA SPRINGS CORP* 33349 04/23/91 03/22/91 39.80 39.80
A - 700-4121-160000---AMI- 39780 S E6
VEHDOR1OlAL89.80 _39"8O
)00 COAST 10 COAST 33350 04/23/91 004384 04/08/91 25.23 25.23 �
ACCOUNT NUMBER- 100-4360-121000 AMI- 25.23 DESC-COASl TO CUASl/REPAIR SUPPLIES
33350 04/23/91 004341 04/02/91 2.00 2.00
ACCOUNl NUMBER- 100-4260-160000 AMT- 2.00 DESC-COAST TO COAST/MISC SUPPLIES
33350 04/23/91 004350 04/04/91 3.59 3.59
ACCOUNT NUMBER- 100-4190-121000 AMT- 3.59 DESC-COASl TO COAST/LIGHl BULBS
33350 04/23/91 004327 04/01/91 1.15 1.75
ACCOUNT NUMBER- 100-4360-121000 AMT- 1.75 DESC-CUASl 10 COATI/ROPE
33350 04/23/91 004334 04/02/91 9.99 9.99
ACCOUNT NUMBER- 700-4121-160000 AMl- 9.99 DESC-COAST TO COAS1/LEAF RAKE:
VENDOR TU[AL 42.56 42.56
•
. .
@E 4 ACCUUNlS PAYABLE CHECK REGIS1ER
'-C1O-01 MOUNDS VIEW
NDOR CHECK CHECK INVOICE INVOICE DlSCUUNl CHECK
NO •DORNAME NUMBER 8A[E INVOlCE NM8R DA[E AMUUN[ AMUUNT AMOUN[
.975 CONTRACT CLEANING SPE* 33351 04/23/91 04/01/91 560.00 560.00
ACCOUNT NUMBER- 100-4190-351000 AMT- 560.00 DESC-CUN[RAC[ CLEANING/APRIL SERVC
VENDOR 101AL 560.00 560.00
025 COTTENS INC 33352 04/23/91 058304 04/08/91 26.75 26.75
ACCOUNT NUMBER- 100-4260-123000 ANT- 26.75 DESC-CUTTEN'S/3 V-BELTS
VENDOR TOTAL 26.75 26.75
020 ERICKSON'S NEWMARKET 33353 04/23/91 39 03/14/91 17.27 1/.2/
ACCOUNT NUMBER- 250-4352-160130 AMT- 17.27 DESC-EKICKS0N'S NEW MARKET/CF & CK
VENDOR TOTAL 1/.2/ 17.27
925 FEDORS MARKET 33354 04/23/91 04/23/91 96.70 96./0
ACCOUNT NUMBER- 100-4360-160000 AMT- 16.29 DESC-FEDOR'S/MlSC GROCERIES
ACCOUNT NUMBER- 100-4260-160000 AMT- 16.29 DESC-FE8UR'S/MISC GROCERIES
ACCOUNT NUMBER- 100-4270-160000 AMT- 16.29 DESC-FEDUR'S/MISC GROCERIES
ACCOUNT NUMBER- 100-4350-390000 AMT- 47.83 DESC-FE8OR'S/SENlURS' "STONE SOUP"
VENDOR 101AL 96.70 96.70
431 FAIRCON SERVICE 33355 04/23/91 102168 04/03/91 85.50 85.50
ACCOUN1 NUMBER- 100-4190-511000 AMT- 85.50 DESC-FAIKCUN SERVICE/lROUBLE SHUOl
VENDOR [U[AL 85.50 85.50
000 LAW ENFORCEMEN* 33356 04/23/91 273069 04/04/91 114.45 114.45
AliNuNT NUMBER- 200-4120-703000 AMT- 114.45 DEGC-GAN['G LAW ENFRCMN[/8lNUCULARS
VENDOR TUlAL 114.45 114.45
380 GOPHER STATE ONE-CALL* 33357 04/23/91 1030375 03/31/91 37.50 37.50 1
ACCOUNT NUMBER- 730-4121-303000 AMT- 37.50 DESC-GOPHER S1A1E ONE-CALL/MARCH
VENDOR TOTAL 37.50 37.50
755 W W GRAINGER INC 33358 04/23/91 497-850436-5 03/27/91 163.81 163.81
ACCOUNT NUMBER- /00-4121-160000 AMC- 163.81 DESC-GRAINGER/8ATTERlES
33358 04/23/91 497-850408-4 03/27/91 23.68 23.68
ACCOUNT NUMBER- 100-4260-160000 AMT- 23.68 DESC-GRAlNGER/BLACK GLOSS PAINT
3S358-04-723/91-497=8504 297.7�) 29.7�7--
ACCOUNT NUMBER- 100_4260-160000 AMl- _29.60 DEGC-GRAlNGE8/lXlANGEPAINTJ��
VENDOR 101AL 21/.09 21/.09
)00 HYDRAULIC SPECIALTY C* 33359 04/23/91 114321 03/28/91 8.28 8.28
ACCOUNT NUMBER- 100-4260-123000 AMT- 8.28 DESC-HYDRAULIC SPEClALlY/MISC PARTS
VENDOR TO[AL 8.28 8.28
195 IN TIME 33360 04/23/91 9746 04/08/91 173.29 173.29
ACCOUNT NUMBER- 100-4190-114000 AMT- 173.29 DESC-IN [lME/COMPUTEK PAPER
VENDOR TOlAL 173.29 1/3.29
100 INGMAN LABORATORIES, x 33361 04/23/91 04/23/91 70.00 70.00
A NT NUMBER- 700-4121-303000 AMT- 70.00 DESC-INGMAN LAB/ANALYSES
����
VENDOR 181AL /0.00 70.00
AGE 5 ACCOUNTS PAYABLE CHECK REOIS1ER
,-C10-01 MOUNDS Vlt:W
:NDOR CHECK CHECK INVOICE INVOICE DISCOUNT CHECF
NO 410100R NAME NUMBER DAIE INVOICE NMBR CIA I E AMOUNT AMOUNT AMOUNT
535 INS'1 Y-PRIN1 S 33362 04/2.391 12175 0•/21/91 71.12 /1.1.'
ACCOUNT NUMBER- 100-4260-160000 AMT- /1. 12 DESC-INS rY-PRINTS/P'RIN TINCT
3 362 04/23/91 120.3/ 03/11/91 180.91 180.9_
ACCOUN I NUMBER- 250-4354-160260 ANT- 180.91 DESC-IHSTY-t'RINT/PRIN TINCT
VENDOR T01 AL 25203 n2.0
1010 J C AUTO SUPPLY 33363 04/23/91 7513 04/02/91 13.39 1 :.e.
ACCOUNT NUMBER- 100-4260-122000 ANT- 13.39 DESC-J C AM/HEADER REDUCERS
:33363 04/23/91 7/07 04/09/91 15.98 15.98
ACCOUNT NUMBER- 100-4260-160000 AMT- 15.98 DESC-J C AU•1O/2 HOSES
VENDOR TOTAL 29.37 29.31
X470 KNOX COMMERCIAL CREDIx 3+.364 04/23/91 119980 04/08/91 96.71 96.:1.
ACCOUNT NUMBER- 100-4360-121000 ANT- 96.71 DESC-KNOX LUMBER/4X4-8 'KAT POSTS
VENDOR 1OTAL 96.71 96.'/I
950 A.M. LEONARD, INC. 33365 04/23/91 137702-3 03/27/91 165.28 165.21
ACCOUNT NUMBER- 730-4121-160000 AM1- 41.32 DESC-A M LEONARD/SHEARS
ACCOUNT NUMBER- 700-4121-160000 AMT- 41.32 DESC-A M LEONARD/SHEARS
ACCOUNT NUMBER- 100-4360-123000 AMI- 41.32 DESC-A N LEONARD/SHEARS
ACCOUNT NUMBER- 100-42/0-160000 AMT- 41.32 0ESC--A H LEONARD/SHEARS
VENDOR 1 01 AL 165.28 165.2E
545 LIE SUBURBAN NEWSP'x 33366 04/23/91 46567 03/29/91 12.18 :12.18
ACCOUNT NUMBER- 100-4100-341000 AMT- 12.18 DESC-LILLIE/PUBLIC HEARING NO SCE.
VENDOR TOTAL 12.18 12.12
580 SHARON LINKE 3::367 04/23/91 04/23/91 11 .96 11.W.
ACCOUNT NUMBER- 100-4350-380000 ANT- 1J .96 DESC-SHARON LINKE/MILEAGE
VENDOR TOTAL 11 .96 11.96
600 MAN I'EK 33368 04/23/91 30-03118 04/02/91 111/.74 1111./4
ACCOUNT NUMBER- 100-4360-160000 AMI- 200.00 DESC-MAN 1 EK/1 R I-MAI IC & LANO -SCRUB
ACCOUNT NUMBER- 730-4121-160000 ANT- 229.42 DESC-MANTEK/r RI--MA TIC & LANO-SCRUB
ACCOUNT NIIMBl=R- 700 4121-1600-00-i-M-1 - 2 9 4-4Dt flC=M7 1 1 C-&-L-AND-SC:ROB
ACCOUNT NUMBER- 100-4260-160000 AM r- 229.44 CIESC-MAN I E:K/TRI-MA TIC & LANO-SCRUB
ACCOUNT' NUMBER- 100-42/0-160000 AMT- 229.44 DESC-MAN1 EK/1 RI-MAT IC & LANO-SCRUB
VENDOR TOTAL :1.117./4 1117.74
750 MASTS CORPORATION 33.69 04/2:3/91 4204 04/01/91 646.00 646.00
ACCOUNT NUMBER- 100-4200-513000 ANT- 646.00 DESC-MASYS CORP/SOFTWARE & MAa:N r
VENDOR TOTAL 646.00 646.00
000 MEDCENIERS HEALTH PLAx 33370 04/23/91 802689 04/22/91 120.00 120.00
ACCOUNT NUMBER- 100-4200-040000 AM1- 120.00 DESC-ME:.DCEN1 ERS/MAY HEAL1 H Itis PREM
VENDOR TOTAL 120.00 120.00
4.40WEEST CHILDREN`' RES* 3:3371 04/23/91 04/23/91 20.00 20.00
JNT NUMBER- 100-4200-303000 AMT- 20.00 DESC-MIDWEST CHILDREN` RESOURCE CFR
122E 6 ACCOUNTS PAYABLE CHECK REGISTER
"-C10-01 MOUNDS VIEW
:NDOP CHECK CHECK INVOICE INVOICE D1SCOUNI CHECK
NO ODOR NAME NUMBER DACE INVOICE NM.BR FATE AMOUNT AMOUNT AMOUNT
VENDOR '('01 AL. 20.00 20.02
1100 MUNICILITE 33372 04/23/91 2576 04/08/91 192.5;0 192. :12;
ACCOUNT" NUMBER- 730-4121-515000 AMT- 192.50 DESC-MUNICILIIE CO/WHELEN STROBE,
33472 472 04/23/91 2862 04/03/91 /3..50 73.50
ACCOUNT NUMBER- 100-4460-121000 ANI- 73.50 DESC-MUNICIL.ITE CO/5 LENS
VENDOR i`U I'AL 266.00 266.0€:
050 N E P CORPORATION .33373 04/23/91 162207 03/31/91 54.45 54.4
ACCOUNT NUMBER- 100-4260-160000 ANT- 54.45 DESC-N E P CORP/MISC PARIS
VENDOR 1'O1 AL 54.45 54.4:'.'
200 NORTHERN STATES POWER* 33374 04/23/91 04/23/91 1533./6 15 :3.7e,
ACCOUNT NUMBER- 255-4121- 321000 ANT'- .6$ DESC-NSP/ 840 PLEASANT VIEW DR
ACCOUNT NUMBER- 255-4121-321000 ANT- .34 IIESC-NSP/:3030 HILLVIEW ROAD
ACCOUNTNUMBER- 700-4121-321000 ANI- 31.78 DESC-NSP/!JELL.• #2-2524 BRONSON
ACCOUNT NUMBER- 700-4121-322000 ANT'- 28.61 DESC-NSP/WELL 13-2426 BRONSON
ACCOUNT NUMBER- 700-4121-322000 ANT'- 54.27 DESC-NSP/BOOSTER-2450 BRONSON
ACCOUNT NUMBER- 700-4121-322000 ANT- 54.63 DESC-NSP/WELL #2-2524 BRONSON
ACCOUNT NUMBER- 700-4121-322000 ANT- 101.66 DESC-NSP/WELL #6-7545 GRUVEL.ANB
ACCOUNT NUMBER- 700-4121-322000 AMT- 149.78 £'ESC-NSP/WELL 05-5100 LONG LAKE
ACCOUNT NUMBER- 700-4121-322000 ANT- 30.75 DESC-NSP/WELL #4-2408 H1.LLVIEW
ACCOUNT NUMBER- 100-4190-322000 ANT- 538.21 £IESC-NSP/CITY HALL-2401 HWY 10
WUNT NUMBER- 100-4230-321000 AMT- .28 DESC-FISP/SIREN #2-2271 CO RD J W
ONT NUMBER- 100-4240-321000 AMT- .16 DESC-NSP/SIREN - 2815 ARI)AN AVE
ACCOUNT NUMBER- 100-4260-321000 ANT- 154.01 DESC-NSF'/GARAGE-2466 BRONSON
ACCOUNT NUMBER- 100-4260-32.2000 AMT- 312.69 DESC-NSP/GARAGE-2466 BRONSON
ACCOUNT NUMBER- 100-42/0-325000 ANT- 4.83 DESC-NSP/CO RD H2 SIGNAL & HWY 10
ACCOUNT NUMBER- 100-4360-322000 AMC- 59.97 DESC-Nal'/LAMBEI'..I SHEL 1ER--532.4 JLKSN
ACCOUNT NUMBER- 100-4360-321000 AM'r- .30 DE SC-NSF'/2764 ARDAN AVE.
ACCOUNT' NUMBER- 100-4230-321000 AMT- .26 DESK-'NSP/SIREN #1-1755 CO HD 1 W
ACCOUNT' NUMBER- 700-4121-322000 AM1- 10.60 DESC-NSP/WELL 42-2524 BRONSON
VENDOR CO CAL I533./6 1533./6
100 PERFECT "10" CAR WASH 33376 04/23/91 011221 04/08/91 198.00 198.00
MB-• - - 2 =5130-00 AMC- 198.00 DESI:-PERF-ECT-"4 CAR-UASHF5
SIENDORTO-TAL - 198.fL0 198.00
200 PHILLIPS 66 COMPANY 33377 04/23/91 04/09/91 103.63 103.63
ACCOUNT' NUMBER- 100-4200-170000 AMT'- 93.24 DESC-PHILLIPS 66/FUEL USAGE
ACCOUNT' NUMBER- 700-4121-170000 AMT- 10.40 BESC-PHILLIPS 66/FULL USAGE
VENDOR TOTAL 104.63 103.63
500 PINE BEND PAVING INC. 33378 04/23/91 118 04/01/91 27€3.40 278.40
ACCOUNT NUMBER- 100•-4270-124000 ANT- 278.40 DESC-PINE BEND PAVING/NC COLD MIX
VENDOR rum_ 278.40 278.40
900 POLAR CHEVROLET & MAD :39379 04/23/91 191339 04/05/91 15.05 15.05
"DUN'I' NUMBER- 100-4260-122000 ANT- 15.05 DESC-POLAR CHEV/MISC PART
33379 04/23/91 175683 04/10/91 14660.00 14660.00
. .
GE 7 ACCOUNTS PAYABLE CHECK RI:GIS[EK
-C1O-01 MOUNDS VIEW
NOOR CHECK CHECK INVOICE INVOICE DISCOUNT CHECK
NO •DOR NAME NUMBER DATE INVUICE NMBK DAlE AMUUNl AMUUNl AMUUNl
ACCOUNT NUMBER- 275-4450-704000 ANT- 14660.00 DESC-PULAR CHEV/1-TON CHASSIS CAB
VENDOR TO1AL 14675.05 14675.05
860 RAMSEY CDUN[Y TREASUR* 33380 04/23/91 1100068 42100 04/11/91 6707.00 670/.00
ACCOUNT NUMBER- 100-4200-310000 ANT- 6707.00 DESC-RAMSEY CO/COMMUNICATION
VENDOR TU[AL 6707.00 6/07.00
400 MARY SAARION 33.301 04/23/91 04/23/91 23.05 23.05
ACCOUNT NUMBER- 100-4350-380000 AM[- 23.05 DESC-MARY SAARION/MILEAGE
VENDOR TOTAL 23.05 23.05
240 RICHARD SCHMlDLIN 33382 04/23/91 04/23/91 250.00 ' 250.00
ACCOUNT NUMBER- 100-4260-363000 AMT- 250.00 DESC-DICK SCHMIDLIN/PRUPANE GCH ADV
VENDOR [U[AL 250.00 250.00
050 SEARS, ROEBUCK AND CO* 33383 04/23/91 SR754898011 04/02/91 384.29 384.29
ACCOUNT NUMBER- 100-4260-121000 AMT- 384.29 DESC-SEARS/BLINDS
VENDOR TOlAL 384.29 384.29
225 SHORT ELLIOTT & HENDR* 33384 04/23/91 10331 03/28/91 /68.55 768.55
ACCOUNT NUMBER- 700-4122-303000 AMT- 768.55 DESC-SEH/TEST WELL #4
VENDOR 7U[AL /68.55 768.55
60 S DRUG STORES 33385 04/23/91 55378 03/29/91 41.98 41.98
AIIPUNT NUMBER- 730-4121-160000 AMT- 41.98 DESC-SNYDEK'S/FlLM
33385 04/23/91 55380 04/11/91 7.09 7.09
ACCOUNT NUMBER- 250-4353-160205 AMT- 7.09 DESC-SNYDERS/FlLM PRUCESSING
VENDOR lUlAL 49.07 49.07
'00 SOLEM'S TREE SERVICE 33386 04/23/91 1746 04/01/91 900.00 900.00
ACCOUNT NUMBER- 275-4450-352000 AMT- 900.00 DESC-SULEM'S TREE SERVICE/31 OAKS
VENDOR TO[AL 900.00 900.00
ZOO CITY OF SPRING LAKE P* 33387 04/23/91 476 04/05/91 481.00 481.00
ACCOUNT NUMBER- 250-4352-160107 AMT- 481.00 DESC-CITY OF SPR LK PK/OUTINGS
VEND-GP-1-01-AL 481.00 481 .00
250 SPRING LAKE PARK FIRE* 33388 04/23/91 04/23/91 12689.68 12689.68
ACCOUNl NUMBER- 100-4210-390000 AM1- 12404.50 DESC-SPK LK PK FIRE/SEPl SERVICE
ACCOUNT NUMBER- 100-4210-303000 AMT- 285.18 DESC-SPR LK PK FIKE/MAKCH INSP
VENDOR TOlAL 12689.68 12689.68
:OO SPRING LAKE PARK LUMB* 33389 04/23/91 060862 03/05/91 29.00 29.00
ACCOUNT NUMBER- 100-4360-121000 ANT- 29.00 DESC-SPR LK PK LBK/CONCRElE MIX
33389 04/23/91 065350 03/20/91 93.6O 93.60
ACCOUNT NUMBER- 100-4260-703000 ANT- 93.60 DESC-SLP LBK/DUMPSlER ENCLOSURE-LBR
VENDOR TO[AL 122.60 122.60
10STREICHER GUNS 33390 04/23/91 17820.1 04/09/91 369.95 369.95
AWNT NUMBER- 100-4200-/04000 AM[- 369.95 DESC-STKEICHEK'S/SlREN AMP-C[RL ASB
1GE 8 ACCOUNTS PAYABLE CHECK REGISTER
`-C10-01 MOUNDS VIEW
:NDOR CHECK CHECK INVOICE INVOICE U7.SCOUNT CHECK
NO ODOR NAME NUMBER BA FE INVOICE NMBR BAFE AMOUNT AMOUNT AMOUNT
VENDOR 101AL :369.5,5 369.95
450 SUPERAMERICA 33391 04/23/91 04/23/91 192.15 192.15
ACCOUNT NUMBER- 100-4200-170000 AMT- 170.93 DESC-SUPERAMERICA/FUEL. USAGE
ACCOUNT NUMBER- 700-4121-1/0000 ANT- 21.22 .UESC -SUPERAMERICA/FUEL USAGE
VENDOR TOTAL 192.15 192.15
450 TAMS-WITMARK MUSIC LIx 33392 04/23/91 J/4695 04/09/91 17.65 1/.65
ACCOUNTNUMBER- 250-4353-160213 AMT- 17.6.5 DESC-TAMS-WITMARK MUSIC LIB/SCORE.
VENDOR 1'U FAL 17.6.5 17.65
660 MARY TATAREK 33393 04/23/91 12353 04/11/91 6.35 6.35
ACCOUNT NUMBER- 100-4150-363000 AMI- 6.35 f'ESC--MARY FA FARE/LUNCH
VENDOR TOTAL 6. 35 6.35
500 TURF SUPPLY COMPANY 3 394 04/23/91 032188 04/08/91 1355.00 1355.00
ACCOUNT NUMBER- 100-4360-121000 AM1- 1355.00 DESC-TURF SUPPLY/3 ROL TERRA BOND
VENDOR TOTAL 1355.00 1355.00
400 U S WEST 33395 04/23/91 04/23/91 365.55 365.55
ACCOUNT NUMBER- 100-4360-310000 AMT- 19.69 1tESC-U S WEST//80-1908
ACCOUNT NUMBER- 100-4190-310000 AMT- 29.62 DESC-U S WES1/E23-41.26
ACCoUN r NUMBER- /00-4121-310000 ANT- 16.24 DESC-U S WEST/E83-0214
411RUNT NUMBER- 700-4121-310000 AM1- 16.24 DESC-U S WES1/E:83•-0213
NOIWUNT NUMBER- 700-4121-310000 AMT- 16.24 DESC-U S WEST/E83-0053
ACCOUNT NUMBER- 700-4121-310000 AMT- 16.24 DESC-U S WES1/E83-0216
ACCOmF NUMBER- 700-4121--310000 AMT- 16.24 BESC-U S WEST/E83-•021/
ACCOUNT' NUMBER- /30-4121-310000 ANT- 16.24 t'ESC-U S WEST/E83-00`9
ACCOUNT NUMBER- /30-4121-310000 AMT- 154.80 DESC-U S WEST/E07-1580
ACCOUNT NUMBER- 100-4190-310000 AMY- 64.00 DESC-U S WEST/484-915'5
VENDOR TOTAL :,65.55 :365.55
410 U S WEST MARKETING REx 33396 04/23/91 04/23/91 267.00 267.00
ACCOUNT NUMBER- 100-4200-210000 AMT- 267.00 DESC-U S WESI MKTG/OIREC I'ORY
VENDOR 101AL. 267.00 267.00
750 MIKE ULRII.TH 3339L 04/23/91-- 04/23/91 6.B9_- - --- 36.89
ACCOUNT' NUMBER- 100-422/0-160000 AM1'- 36.89 ttESC-MICHAEL ULRICH/MSSA LUNCHES
VENDOR TOTAL 36.89 36.89
)00 UNIT'OG RENTALS SYSTEM 33398 04/23/91 2832740401 04/01/91 122.79 122.79
ACCOUNT NUMBER- 100-4260-240000 AMT- 122./9 11ESC--UNI TOG/UNIFORM RENTAL
3.3398 0.4/23/91 28.2740408 04/08/91 89.52 89.52
ACCOUNT NUMBER- 100-4360-240000 ANT- 89.52 DESC-UN.I FOU/UNIFORM RENTAL
VENDOR 1UTAL 212.31 212.31
500 VOSS ELECTRIC SUPPLY x 33399 399 04/23/91 285331 03/29/91 41.64 47.64
ACCOUNT NUMBER- 100-4190-121000 AMT'- 47.64 DESC-VUSS ELFC/MISC PARIS
• VENDOR rum_ 47.64 47.64
WE 9 ACCOUNiS PAYABLE CHECK REGISTER
'-C10-01 MOUNDS VIEW
ENDOR CHECK CHECK INVOICE INVOICE DISCOUN1 CHECK
HO •DOR NAME . NUMBER DArE INVOICE NMBR DAIE AMOUNI AMOUNT Amoumr
GRAND TOTAL 50891.83 50891.8:
` '
WE 1 ACCUUN[S PAYABLE PRE-PAID CHECK REGISIER
`-C10-02 MOUNDS VIEW
:NDOR CHECK CHECK INVOICE INVOICE DISCOUNT CHECk
NO •DORNAME NUMBER DATE INVOICE NMBR DAlE AMUUNT AMOUNT AMOUN
1200 GROSSMAN CHEVROLET 32561 04/05/91 41868 04/05/91 12552.00 12552.0O
ACCOUNT NUMBER- 100-4200-704000 AMT- 12552.00 DESC-GROSSMAN CHEV/'91' CHEV CAPRlCE
VENDOR TO[AL 12552.00 12552.00
;990 ROSEVILLE AREA SCHOOLx 32562 04/05/91 04/05/91 11.25 11.25
ACCOUNT NUMBER- 250-4352-160130 AMT- 11.25 DESC-RUSEVlLLE AREA SCHOOL/PLAY
VENDOR 107AL 11.25 11.2'
i300 INDEPENDENT SCHOOL DI* 32563 04/08/91 04/08/91 90.00 90.0C
ACCOUNT NUMBER- 100-4150-363000 AMT- 90.00 DESC-ISD #621/LOlUS-HICKOK
VENDOR 101AL 90.00 90.00
1580 WILLIAM HANSON 32564 04/08/91 04/08/91 12.87 12.8}
ACCOUNT NUMBER- 700-4121-363000 ANT- 12.87 DESC-BILL HANSON/MILEAGE
VENDOR TOlAL 12.87 12.8/
635 GARY KARDELL 32565 04/18/91 04/18/91 132.00 132.0O
ACCOUNT NUMBER- 100-4270-240000 AMT- 132.00 DESC-GARY KARDELL/SAFElY GLASSES
VENDOR TOTAL 132.00 132.00
000 UNIVERSITY OF MINNESO* 32566 04/08/91 04/08/91 50.00 50.0k
ACCOUNT NUMBER- 700-4121-363000 AMT- 50.00 DESC-U OF MN/CONST. INSP.-HANGG1
VENDOR 101AL 50.00 50.00
300 �110EPENUENT SCHOOL Dl* 32567 04/08/91 04/08/91 100.00 100.0O
ACCOUNl NUMBER- 100-4180-363000 AMT- 25.00 DESC-DlSl #621/W.P. TKNG-BENESCH 1
ACCOUNT NUMBER- 100-4180-363000 AMT- 25.00 OESC-DIST #621/W.P. TRNG-MORGAN
ACCOUNT NUMBER- 100-4120-363000 AMT- 25.00 UESC-DISl #621/W.P. IRM-SEVERSUN
ACCOUNT NUMBER- 100-4150-363000 AMT- 25.00 8ESC-DIST #621/W.P. !RHO-PETERSON
VENDOR TOTAL 100.00 100.0O
000 HICKOK, KITTY 32568 04/08/91 04/08/91 55.00 55.00
ACCOUNT NUMBER- 100-4150-363000 AMT- 55.00 DESC-KIlTY HICKOK/MILEAGE
VENDOR TOIAL 55.00 55.0e
201 MISTER /91 04/11 " . "1„1-7L--
ACCOUNT NUMBER- -100-4190-114000 AMT21.77 DESC-MISTER DONUT/USER GROUP M[G
VENDOR TOTAL 21.77 21.7/
023 DEPUTY REGISTRAR 32570 04/10/91 04/10/91 909.10 909.10
ACCOUNT NUMBER- 275-4450-704000 AMT- 909.10 DESC-DEPUTY KEGlSlRAK/LICENSE
VENDOR TOTAL 909.10 909.10
994 MINN DEPT OF PUBLIC S* 32571 04/10/91 04/10/91 278.28 278.28
ACCOUNT NUMBER- 275-4450-704000 AM[- 146.28 DESC-MN-P8LC SFTY-AL[ FUEL USER PRM
ACCOUNT NUMBER- 100-4200-703000 AMT- 132.00 DESC-MN-P8LC SFTY-ALl FUEL USER PRM
VENDOR TU[AL 278.28 278.28
80L DISPATCH/PION* 32572 04/11/91 04/11/91 5.00 5.00
4111,]NT NUMBER- 100-4100-341000 AMT- 5.00 DESC-S[ PAUL DISPATCH/ED PAGES
" ^
LE 2 ACCOUNTS PAYABLE PRE-PAID CHECK REGISTER
-C10-02 MOUNDS VIEW
NDOR CHECK CHECK INVOICE INVOICE DISCOUNT CHECK
NO SOUR NAME NUMBER DA[E INVOICE NM8R DATE AMUUN[ AMOUNT
VENDOR TOTAL 5.00 5.00
860 STA[E TREASURER 32573 04/11/91 04/11/91 30.00 30.00
ACCOUNT NUMBER- 700-4121-303000 AM\- 30.00 DESC-Sl lREAS/WAlER SCH. EXAM FEE
VENDOR TO[AL 30.00 30.00
119 ACME CARBURETION, INC 32574 04/15/91 04/15/91 225.00 225.00
ACCOUNT NUMBER- 100-4260-363000 AMI- 225.00 8ESC-ACME CAK8URETN/SCHMIDLlN-5//-9
VENDOR TUlAL 225.00 225.00
055 G F 0 A 32575 04/15/91 04/15/91 125.00 125.00
ACCOUNT NUMBER- 100-4150-303000 ANT- 125.00 DESC-61UA/APPL FEE FOR BUDGE1 AWARD
VENDOR TU[AL 125.00 125.00
204 GRANDVIEW LODGE 32576 04/15/91 04/15/91 302.00 302.00
ACCUUN[ NUMBER- 700-4120-363000 AM[- 151.00 DESC-GRANDVIEW LODGE-MlNE[DK 5/8-10
ACCOUNT NUMBER- 700-4120-363000 AM1- 151.00 DESC-GRANDVIEW LODGE-UL8lCH 5/8-10
VENDOR TU[AL 302.00 302.00
000 UNIVERSITY OF MINNESO* 32577 04/15/91 ' 04/15/91 120.00 120.00
ACCOUNT NUMBER- 700-4120-363000 AMT- 60.00 DESC-U OF MN/MPWA CUNF MINEiUR
ACCOUNT NUMBER- 700-4120-363000 AMT- 60.00 DESC-U OF MN/MPWA CONF-ULRICH
VENDOR TU[AL 120.00 120.00
����
���
GRAND TOTAL 15019.27 15019.27
•
Agenda Section: 9.1
OoMNnIDD� REQUEST FOR COUNCIL CONSIDERATION Report Number: 91 -3C
STAFF REPORT Report Date: 4-22-91
fr Council Action:
• ❑ Special Order of Business
❑
CITY COUNCIL MEETING DATE Apr i l 22, 1991 Public Hearings
❑ Consent Agenda
LX Council Business
Item Description: Resolution NO. 4069 Relating to the Issuance of Certain General Obligation
Bonds for Fire Protection Purposes and Levying Taxes for the City' s Share Thereof
Administrator's Review/Recommendation:
- No comments to supplement this report
- Comments attached.
Explanation/Summary (attach supplement sheets as necessary.)
SUMMARY;
The City of Blaine conducted the public sale of the $4,450 G.O. Fire
Improvement Bonds, Series 1991A, dated May 11, 1991 on April 18, 1991.
The attached resolution is necessary to officially award the bonds and
set the terms .
The interest rate for the Bonds is not known at this time, but will be
calculated subsequent to the April 18th sale.
The City of Mounds View's share applicable for 1992 (the year in which
the 1st payment of debt service on the Bonds occurs) is 22 .75%.
Accordingly, the City's share of the principal amount of the bonds is
initially $1, 012,375 .
The City's share of the debt service will change from year to year
according to the formula described in the Joint Powers Agreement
(formula used percentage of fire calls, population) . Therefore, the
resolution provides the mechanism for the City to reduce or increase the
levies in response to any annual changes in the City's formula share (p.
5 of the resolution) .
)4C1,-m61-cOLL/ at___#64,-t-r9
Samantha Orduno
City Administrator
•
RECOMMENDATION;
otion to approve Resolution No. 4069 Relating to the Issuance of
Certain General Obligation Bonds for Fire Protection Purposes
r.
EXTRACT OF MINUTES OF A MEETING OF •
THE CITY COUNCIL OF THE
CITY OF MOUNDS VIEW, MINNESOTA
Pursuant to due call and notice thereof, a regular or
special meeting of the City Council of the City of Mounds View,
Minnesota, was duly held in the Mounds View City Hall on the 22nd
day of April, 1991, commencing at o'clock P.M. , C.T.
The following Councilmembers were present:
and the following were absent:
Councilmember introduced the
following resolution, the reading of which was waived by
unanimous consent of the Council, and moved its adoption:
RESOLUTION NO. 4069 •
RESOLUTION RELATING TO THE ISSUANCE OF CERTAIN
GENERAL OBLIGATION BONDS
FOR FIRE PROTECTION PURPOSES AND
LEVYING TAXES FOR THE CITY'S SHARE THEREOF
BE IT RESOLVED by the City Council (the "Council") of
the City of Mounds View, Minnesota (the "City") , as follows:
1. Recitals.
(a) The Cities of Mounds View, Blaine, and Spring Lake
Park (collectively, the "Cities") jointly cooperate in
meeting their municipal fire protection needs and have for
that purpose entered into various contracts with the Spring
Lake Park Fire Department, Inc. , a Minnesota non-profit
corporation.
(b) The Cities entered into a certain Joint Powers
Agreement for the Provision of Fire Protection Services,
15717
1
• dated December 11, 1990 (the "Joint Powers Agreement") ,
providing in part for the issuance by the City of Blaine (on
behalf of all the Cities) of its bonds in an amount not to
exceed $4, 450, 000 (the "Bonds") for the purpose of defraying
the expense of the acquisition, construction, furnishing,
and betterment of land, buildings, and equipment for
municipal fire protection and firefighting purposes.
(c) Pursuant to Section III (G) of the Joint Powers
Agreement, each City's share of the debt service on the
Bonds is from year to year equal to that City's percentage
for that year derived from a certain formula (the "Formula")
multiplied by the total amount of debt service due on the
Bonds in the applicable year.
(d) The City's Formula share applicable for 1992 (the
year in which first payment of debt service on the Bonds
occurs) is 22 . 75%. Accordingly, the City's share of the
principal amount of the Bonds (which share is hereinafter
referred to as the "City's Bonds") is initially $1, 012, 375.
(e) At the general municipal election held in the City
on November 6, 1990, the electorate of the City gave its
approval by a vote of 3 , 198 in favor to 1, 317 opposed to the
following question, which was duly presented to the
electorate for its consideration:
• "Shall the City of Mounds View,
Minnesota, be authorized to issue
its general obligation bonds in an
amount not to exceed $945, 000 to
defray the expense of the
acquisition, construction,
furnishing, and betterment of land,
buildings and equipment for
municipal fire protection and fire-
fighting purposes?"
(f) In the interests of efficiency, and as provided in
the-Joint-Powers-Agreement, the Ci
ty-of-E3laine o e -e
issuer of the Bonds, and the Council has been advised that
on April 18, 1991, the Blaine City Council adopted a
resolution awarding the public sale and setting the terms of
the Bonds. Pursuant to that resolution, the Bonds will be
dated as of May 1, 1991, will mature on February 1 in the
years and amounts, and will bear per annum interest,
respectively, as follows:
411 15717
2
.
Maturity Year Amount Interest Rate
1994 $ 125, 000
1995 135, 000
1996 140, 000
1997 150, 000
1998 165, 000
1999 175, 000
2000 185, 000
2001 195, 000
2002 210, 000
2003 220, 000
2004 235, 000
2005 250, 000
2006 265, 000
2007 280, 000
2008 300, 000
2009 320, 000
2010 345, 000
2011 365, 000
2012 390, 000
$4,450, 000
2. Purpose and Ratification. The purpose of this
Resolution is in part to provide for the security for and payment
of the City's Bonds pursuant to Minnesota Statutes, Section
475. 61, to the same extent and with the same effect as though the• •
City had issued the City's Bonds. The Council hereby ratifies
and approves the issuance of the Bonds by the City of Blaine for
the benefit of the Cities and the Council further reaffirms and
ratifies the City's obligation to contribute its share of the
debt service on those Bonds from year to year.
3 . Small Issuer; Rebate. For purposes of qualifying for
the small issuer exception to the federal arbitrage rebate
requirements provided in Section 148 (f) (4) (D) of the Internal
Revenue Code of 1986, as amended (the "Code") , the City hereby
finds, determines and declares that (1) the City is, and the
Bonds are issued by, a governmental unit with general taxing
powers,_-(2) no Bondi- a-private-acti.ity bond --(3) 95% or-more
of the net proceeds of the City' s Bonds are to be used for local
governmental activities of the City (or of a governmental unit
the jurisdiction of which is entirely within the jurisdiction of
the City) , and (4) the sum of the $1, 012,375 of the City's Bonds
plus the aggregate face amount of all other tax-exempt
obligations (other than private activity bonds) issued by the
City (and all entities subordinate to, or treated as one issuer
with, the City) during the 1991 calendar year is not reasonably
expected to exceed $5, 000, 000, all within the meaning of Section
15717 •
3
• 148 (f) (4) (D) of the Code. For purposes of the foregoing, the
City is treating the City's Bonds as a loan made by the City of
Blaine to the City within the meaning of Section 148 (f) (4) (D) -
(ii) (II) of the Code.
4. Designation of Qualified Tax-Exempt Obligations. In
order to qualify the Bonds as "qualified tax-exempt obligations"
within the meaning of Section 265 (b) (3) of the Code, the City
hereby makes the following factual statements and
representations:
(a) the City's Bonds are issued after August 7, 1986;
(b) the City's Bonds are not "private activity bonds"
as defined in Section 141 of the Code;
(c) the City hereby designates the City' s Bonds as
"qualified tax-exempt obligations" for purposes of Section
265 (b) (3) of the Code;
(d) the sum of the $1, 012, 375 of the City's Bonds plus
the reasonably anticipated amount of all other tax-exempt
obligations (other than private activity bonds, treating
qualified 501 (c) (3) bonds as not being private activity
bonds) which will be issued by the City (and all entities
subordinate to, or treated as one issuer with, the City)
• during calendar year 1991 will not exceed $10, 000, 000;
(e) the sum of the $1, 012, 375 of the City's Bonds plus
the aggregate principal amount of all other obligations
issued or to be issued by the City during calendar year 1991
which have been designated or which are anticipated to be
eligible for designation for purposes of Section 265 (b) (3)
of the Code does not and is not reasonably expected to
exceed $10, 000, 000; and
(f) pursuant to Section 265 (b) (3) (C) (iii) of the Code,
the City states that it is receiving the benefits from the
issuance of the $1, 012, 375 of the City's Bonds and the City
hereby irrevosabl -agrees with-the-Ckt -of Blaine-to the
allocation of said amount to the City for purposes of
Section 265 (b) (3) of the Code and further agrees and finds
that said allocation bears a reasonable relationship to the
respective benefits received.
5. Tax Levies. To provide moneys for payment of the
principal of and interest on the City's Bonds, and for the
benefit of the owners from time to time of the City's Bonds and
for the benefit of the City of Blaine in respect of its payment
III 15717
4
obligations as the issuer thereof, there is hereby levied upon •
all of the taxable property in the City a direct annual ad
valorem tax which shall be spread upon the tax rolls and
collected with and as part of other general property taxes in the
City for the years and in the amounts as follows:
Year of Tax Year of Tax
Levy Collection Amount
1991 1992
1992 1993
1993 1994
1994 1995
1995 1996
1996 1997
1997 1998
1998 1999
1999 2000
2000 2001
2001 2002
2002 2003
2003 2004
2004 2005
2005 2006
2006 2007
2007 2008
2008 2009 •
2009 2010
2010 2011
The tax levies shall be irrepealable so long as any of
the City's Bonds are outstanding and unpaid, provided that the
City reserves the right and power to reduce the levies in the
manner and to the extent permitted by Minnesota Statutes, Section
475. 61, Subdivision 3 , and to reduce or increase the levies in
response to changes from year to year in the City's Formula share
of the debt service on the Bonds.
It is hereby found and determined that the revenues
provided- herein-_fmr-the pa- m nt-of the -City-s- Bonds will be
available in amounts sufficient to produce at least five percent
(5%) in excess of the amount needed to meet, when due, the
principal and interest payments on the City's Bonds.
For the prompt and full payment of the principal and
interest on the City's Bonds, as the same respectively become
due, the full faith and credit and taxing powers of the City
shall be and are hereby irrevocably pledged.
111 15717
5
• The provisions of this Resolution are made expressly
for the benefit of the owners from time to time of the City's
Bonds and for the benefit of the City of Blaine in respect of its
obligation as issuer thereof to make timely and full payment of
the debt service thereon. The City irrevocably pledges to use
such amounts of the foregoing levies and, in the event of any
insufficiency thereof, such other available funds of the City as
may be necessary to provide for the timely and full payment of
the debt service on the City's Bonds.
The City Clerk-Administrator is directed to file a certified
copy of this Resolution with the Director of Property Taxation of
Ramsey County and to obtain the certificate of said official
required by Minnesota Statutes, Section 475. 63 .
Adopted this 22nd day of April, 1991, by the Mounds
View City Council.
The motion for the adoption of the foregoing Resolution was
duly seconded by Councilmember and, after full
discussion thereof and upon a vote being taken thereon, the
following Councilmembers voted in favor thereof:
and the following voted against the same:
•
Whereupon said Resolution was declared duly passed and
adopted.
• 15717
6
. City Clerk-Administrator's Certificate •
I, the undersigned,' being the duly qualified and acting City
Clerk-Administrator of the City of Mounds View, Minnesota, DO
HEREBY CERTIFY that I have carefully compared the attached and
foregoing extract of minutes with the original minutes of a
meeting of the City Council duly called and held on the date
therein indicated, which are on file and of record in my office,
and the same is a full, true and correct transcript therefrom
insofar as the same relates to the City's share of debt service
on, and other matters relating to, bonds issued to defray the
expense of certain municipal fire protection facilities.
WITNESS my hand as such City Clerk-Administrator and the
official seal of the City this day of , 1991. •
City Clerk-Administrator
(SEAL)
15717 •
STATE OF MINNESOTA ) DIRECTOR OF PROPERTY TAXATION'S
• COUNTY OF RAMSEY ) CERTIFICATE OF FILING OF RESOLUTION ON
BONDS AND MAKING TAX LEVIES THEREFOR
I, the undersigned Director of Property Taxation of Ramsey
County, Minnesota, hereby certify that a certified copy of a
resolution adopted by the City Council of the City of Mounds
View, Minnesota (the "City") , on April 22, 1991, relating to the
issuance, and levying taxes for the payment of the City's
$1, 012, 375 portion, of the $4, 450, 000 General Obligation Fire
Improvement Bonds, Series 1991A, dated May 1, 1991, of the City
of Blaine, Minnesota, has been filed in my office and I further
certify that said taxes have been levied in accordance with
applicable law.
WITNESS my hand the official seal of my office this
day
• of
1991.
Director of Property Taxation
Ramsey County, Minnesota
By
Deputy
(SEAL)
• 15717
•
Agenda Section: 9.2
REQUEST FOR COUNCIL CONSIDERATION Report Number: 91-4C
1411176
{ Report Date: 4-22-91
STAFF REPORT council Action:
❑ Special Order of Business
CITY COUNCIL MEETING DATE April 22, 1991 ❑ Public Hearings
0 Consent Agenda
CZ Council Business
Item Description: Resolution No. 4073 Providing for the Issuance and Sale of $2,875,000
General Obligation Water Revenue Bonds, Series 1991A
Administrator's Review/Recommendation:
- No comments to supplement this report
- Comments attached.
Explanation/Summary (attach supplement sheets as necessary.)
SUMMARY;
The attached resolution presented for Council approval is the formal
document which officially awards the sale and set the terms of the
$2,875,000 General Obligation Water Revenue Bonds, Series 1991A.
The bid opening was held Monday, April 22, 1991 at 11:30 a.m.
Ron Langness from Springsted will be in attendance at the Council
meeting to answer questions and inform the Council of the timeframe for
the availability of the bond proceeds .
>J---6574-d (e&/-&-x.<9Samantha rduno
City Administrator
RECOMMENDATION;
Motion to approve Resolution No. 4073 Providing for the Issuance and
Sale of $2 ,875,000 General Obligation Water Revenue. Bonds, Series 1991A
introduced the follow-
ing Resolution, the reading of which was waived by unanimous
consent of the Council, and moved its adoption:
RESOLUTION NO. 4073
RESOLUTION PROVIDING FOR THE
ISSUANCE AND SALE OF
$2 ,875, 000 GENERAL OBLIGATION WATER REVENUE
BONDS, SERIES 1991A
BE IT RESOLVED by the City Council (the "Council") of
the City of Mounds View, Minnesota (the "City") , as follows:
1. It is hereby determined:
(a) That the improvements to the City's municipal
water system (the "Improvements") described in the
Council 's March 25, 1991, resolution relating to
these Bonds have been duly ordered by the City and
have been constructed by the City or will be
constructed under contracts which the City has or
will let therefor, all pursuant to and in
accordance with Minnesota Statutes, Section
444. 075.
(b) That is it necessary and expedient to the sound
financial management of the affairs of the City
that the City issue its bonds pursuant to
Minnesota Statutes, Section 444. 075 and Chapter
475, to provide financing for the Improvements.
2 . Acceptance of Offer. The bid of
(the "Purchaser") to purchase the City's
$2, 875, 000 General Obligation Water Revenue Bonds, Series 1991A
(the "Bonds") , as described in the notice of sale thereof, is
hereby found and determined to be the highest and best bid
received pursuant to duly advertised notice of sale and shall be
and is hereby accepted, such mid being to purchase the Bonds at a
price of $ plus accrued interest to date of
delivery, the Bonds to bear interest, to mature in the years and
amounts, and to be subject to such other terms and conditions as
hereinafter provided. The sum of $ , being the amount
bid in excess of $2,837, 625, shall be credited to the Debt
Service Account hereinafter created. The City Finance Director
is directed to retain the good faith check of the Purchaser
pending completion of the sale and delivery of the Bonds and to
return the checks of the unsuccessful bidders forthwith.
3 . Title; Original Issue Date; Denominations ;
Maturities. The Bonds shall be titled "General Obligation Water
16244
2
Revenue Bonds, Series 1991A, " shall be dated May 1, 1991, as the
date of original issue and shall be issued forthwith on or after
such date as fully registered bonds. The Bonds shall be numbered
from R-1 upward in the denomination of $5, 000 each or in any
integral multiple thereof of a single maturity. The Bonds shall
mature on February 1 in the years and amounts as follows:
Years Amounts Years Amounts
1993 $ 35, 000 2004 $135, 000
1994 55, 000 2005 145, 000
1995 80, 000 2006 155, 000
1996 85, 000 2007 165, 000
1997 90, 000 2008 175, 000
1998 95, 000 2009 190, 000
1999 100, 000 2010 205, 000
2000 105, 000 2011 215, 000
2001 115, 000 2012 230, 000
2002 120, 000 2013 250, 000
2003 130, 000
4 . Purpose. The Bonds shall provide funds to finance
the Improvements. The total cost of the Improvements, which
shall include all costs enumerated in Minnesota Statutes, Section
475. 65, is estimated to be at least equal to the amount of the
Bonds. Work on the Improvements shall proceed with due diligence
to completion.
5. Interest. The Bonds shall bear interest payable
semiannually on February 1 and August 1 of each year (each, an
"Interest Payment Date") , commencing February 1, 1992 , calculated
on the basis of a 360-day year consisting of twelve 30-day
months, at the respective rates per annum set forth opposite the
maturity years, as follows:
Maturity Interest Maturity Interest
Year Rate Year Rate
1993 2004
1994 2005
1995 2006
1996 2007
1997 2008
1998 2009
1999 2010
2000 2011
2001 2012
2002 2013
2003
16244
3
6. Redemption. All Bonds maturing after February 1,
2000, shall be subject to redemption and prepayment at the option
of the City on said date and on any date thereafter at a price of
par plus accrued interest to date of redemption. Redemption may
be in whole or in part of the Bonds subject to prepayment. If
redemption is in part, the City shall determine the amount of
Bonds of each maturity to be prepaid; and if only part of the
Bonds having a common maturity date are called for prepayment,
the specific Bonds to be prepaid shall be chosen by lot by the
Bond Registrar. Bonds or portions thereof called for redemption
shall be due and payable on the redemption date, and interest
thereon shall cease to accrue from and after the redemption date.
Published notice of redemption shall in each case be given in
accordance with law, and mailed notice of redemption shall be
given to the paying agent and to each affected registered owner
of the Bonds.
To effect a partial redemption of Bonds having a common
maturity date, the Bond Registrar, prior to giving notice of
redemption, shall assign to each Bond of that maturity a
distinctive number for each $5, 000 of the principal amount of
such Bond. The Bond Registrar shall then select by lot, using
such method of selection as it shall deem proper in its
discretion, from the numbers so assigned to such Bonds, as many
numbers as, at $5, 000 for each number, shall equal the principal
amount of such Bonds to be redeemed. The Bonds to be redeemed
shall be the Bonds to which were assigned numbers so selected;
provided, however, that only so much of the principal amount of
each such Bond of a denomination of more than $5, 000 shall be
redeemed as shall equal $5, 000 for each number assigned to it and
so selected. If a Bond is to be redeemed only in part, it shall
be surrendered to the Bond Registrar (with, if the City or Bond
Registrar so requires, a written instrument of transfer in form
satisfactory to the City or Bond Registrar duly executed by the
registered owner thereof or by the registered owner's attorney,
duly authorized in writing) and the City shall execute (if
necessary) and the Bond Registrar shall authenticate and deliver
• • - -. - -. . , . — . a :. . . . . — -_chAY7P,—a
new Bond or Bonds of the same series having the same stated
maturity and interest rate and of any authorized denomination or
denominations, as requested by such registered owner, in
aggregate principal amount equal to and in exchange for the
unredeemed portion of the principal of the Bond so surrendered.
7 . Bond Registrar.
, in , , is appointed to act as
bond registrar and transfer agent with respect to the Bonds (the
"Bond Registrar") , and shall do so unless and until a successor
Bond Registrar is duly appointed, all pursuant to any contract
the City and Bond Registrar shall execute which is consistent
herewith. The Bond Registrar shall also serve as paying agent
unless and until a successor paying agent is duly appointed. The
16244
4
principal of and interest on the Bonds shall be paid to the
registered owners (or record owners) of the Bonds in the manner
set forth in the form of Bond and paragraph 13 of this
Resolution.
8. Form of Bond. The Bonds, together with the Bond
Registrar's Certificate of Authentication, the form of Assignment
and the registration information thereon, shall be in
substantially the following form:
16244
5
UNITED STATES OF AMERICA
STATE OF MINNESOTA
COUNTY OF RAMSEY
CITY OF MOUNDS VIEW
R- $
GENERAL OBLIGATION WATER REVENUE
BOND, SERIES 1991A
INTEREST MATURITY DATE OF
RATE DATE ORIGINAL ISSUE CUSIP
May 1, 1991
REGISTERED OWNER:
PRINCIPAL AMOUNT: DOLLARS
The City of Mounds View, Ramsey County, Minnesota (the
"City") , hereby acknowledges itself to be indebted and, for value
received, promises to pay to the registered owner specified
above, or registered assigns, in the manner hereinafter set
forth, the principal amount specified above on the maturity date
specified above, unless duly called for earlier redemption, and
to pay interest thereon semiannually on February 1 and August 1
of each year (each, an "Interest Payment Date") , commencing
February 1, 1992, at the rate per annum specified above
(calculated on the basis of a 360-day year consisting of twelve
30-day months) until the principal sum is paid or has been
provided for. This Bond will bear interest from the most recent
Interest Payment Date to which interest has been paid or, if no
interest has been paid, from the date of original issue hereof.
The principal of and premium, if any, on this Bond are payable
upon presentation and surrender hereof at the principal office of
, in
(the "Bond Registrar") , acting as
paying agent, or at the principal office of any successor paying
agent dulyappointedby the City. Interest on this Bond will be
paid on each Interest Payment Date by check or draft mailed to
the person in whose name this Bond is registered (the "Registered
Owner") on the registration books of the City maintained by the
Bond Registrar and at the address appearing thereon at the close
of business on the fifteenth day of the calendar month preceding
such Interest Payment Date (the "Regular Record Date") . Any
interest not so timely paid shall cease to be payable to the
person who is the Registered Owner hereof as of the Regular
Record Date, and shall be payable to the person who is the
Registered Owner hereof at the close of business on a date (the
"Special Record Date") fixed by the Bond Registrar whenever money •
becomes available for payment of the defaulted interest. Notice
16244
6
principal of and interest on the Bonds shall be paid to the
registered owners (or record owners) of the Bonds in the manner
set forth in the form of Bond and paragraph 13 of this
Resolution.
8. Form of Bond. The Bonds, together with the Bond
Registrar's Certificate of Authentication, the form of Assignment
and the registration information thereon, shall be in
substantially the following form:
410
16244
5
_ r
111 of the Special Record Date shall be given to Registered Owners
not less than ten days prior to the Special Record Date. The
principal of and premium, if any, and interest on this Bond are
payable in lawful money of the United States of America.
REFERENCE IS HEREBY MADE TO THE FURTHER PROVISIONS OF
THIS BOND SET FORTH ON THE REVERSE HEREOF, WHICH PROVISIONS SHALL
FOR ALL PURPOSES HAVE THE SAME EFFECT AS IF SET FORTH HERE.
IT IS HEREBY CERTIFIED AND RECITED that all acts,
conditions and things required by the Constitution and laws of
the State of Minnesota and the Home Rule Charter of the City to
be done, to have happened and to be performed, precedent to and
in the issuance of this Bond, have been done, have happened and
have been performed in regular and due form, time and manner as
required by law, and that this Bond, together with all other
indebtedness of the City outstanding on the date of original
issue hereof and the date of its actual issuance and delivery to
the original purchaser, does not exceed any constitutional,
statutory or Charter limitation of indebtedness.
IN WITNESS WHEREOF, the City of Mounds View, Ramsey
County, Minnesota, by its City Council, has caused this Bond to
be executed on its behalf by the facsimile signatures of its
Mayor and its City Clerk-Administrator; has caused the corporate
411 seal of the City to be intentionally omitted herefrom, as
permitted by law; and has caused this Bond to be executed
manually by the Bond Registrar, acting as the City's duly
appointed authenticating agent for the Bonds.
•
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7
Date of Registration: Registrable by:
Payable at:
BOND REGISTRAR'S CITY OF MOUNDS VIEW,
CERTIFICATE OF RAMSEY COUNTY,
MINNESOTA
AUTHENTICATION
This Bond is one of the
Bonds described in the
Resolution mentioned Mayor
within.
City Clerk-Administrator
Bond Registrar
By • S
Authorized Signature
ON REVERSE OF BOND
I hereby certify that the foregoing is a full,
true, and-correct-copy of th-e-1ega-l-op3n4-on-executed-by
the above-named attorneys, except as to the dating
thereof, which o - _..
pinion has been handed to me for filing
in my office prior to the time of delivery of the
Bonds.
City Clerk-Administrator
City of Mounds View, Minnesota
•
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8
Redemption. All Bonds of this issue maturing after
February 1, 2000, are subject to redemption and prepayment at the
option of the City on said date and on any date thereafter at a
price of par plus accrued interest to date of redemption.
Redemption may be in whole or in part of the Bonds subject to
prepayment. If redemption is in part, the City shall determine
the amount of Bonds of each maturity to be prepaid; and if only
part of the Bonds having a common maturity date are called for
prepayment, the Bonds of that maturity to be prepaid shall be
chosen by lot by the Bond Registrar. Bonds or portions thereof
called for redemption shall be due and payable on the redemption
date, and interest thereon shall cease to accrue from and after
the redemption date. Published notice of redemption shall in
each case be given in accordance with law, and mailed notice of
redemption shall be given to the paying agent and to each
affected registered owner of the Bonds.
Selection of Bonds for Redemption; Partial Redemption.
To effect a partial redemption of Bonds having a common maturity
date, the Bond Registrar shall assign to each Bond of that
maturity a distinctive number for each $5, 000 of the principal
amount of such Bond. The Bond Registrar shall then select by
lot, using such method of selection as it shall deem proper in
its discretion, from the numbers assigned to the Bonds, as many
numbers as, at $5,000 for each number, shall equal the principal
• amount of such Bonds to be redeemed. The Bonds to be redeemed
shall be the Bonds to which were assigned numbers so selected;
provided, however, that only so much of the principal amount of
such Bond of a denomination of more than $5, 000 shall be redeemed
as shall equal $5, 000 for each number assigned to it and so
selected. If a Bond is to be redeemed only in part, it shall be
surrendered to the Bond Registrar (with, if the City or Bond
Registrar so requires, a written instrument of transfer in form
satisfactory to the City or Bond Registrar duly executed by the
registered owner thereof or the registered owner's attorney duly
authorized in writing) , and the City shall execute (if necessary)
and the Bond Registrar shall authenticate and deliver to the
registered owner of such Bor-�d; without service charge,?nnew Rand
or Bonds of the same series having the same stated maturity and
interest rate and of any authorized denomination or
denominations, as requested by such registered owner, in
aggregate principal amount equal to and in exchange for the
unredeemed portion of the principal of the Bond so surrendered.
Issuance; Purpose; General Obligation. This Bond is
one of an issue in the total principal amount of $2 , 875, 000, all
of like date of original issue and tenor, except as to
registration number, maturity, interest rate, denomination and
redemption privilege, which Bond has been issued pursuant to and
in full conformity with the Constitution and laws of the State of
Minnesota and the Home Rule Charter of the City and pursuant to a
0 resolution adopted by the City Council on April 22, 1991 (the
16244
9
"Resolution") , for the purpose of providing money to finance
certain costs of improvements to the City's municipal water
system. This Bond constitutes a general obligation of the City,
and to provide moneys for the prompt and full payment of its
principal, premium, if any, and interest when the same become
due, the full faith and credit and taxing powers of the City have
been and are hereby irrevocably pledged.
Denominations; Exchange; Resolution. The Bonds are
issuable solely as fully registered bonds in the denominations of
$5, 000 and integral multiples thereof of a single maturity and
are exchangeable for fully registered bonds of other authorized
denominations in equal aggregate principal amounts at the
principal office of the Bond Registrar, but only in the manner
and subject to the limitations provided in the Resolution.
Reference is hereby made to the Resolution for a description of
the rights and duties of the Bond Registrar. Copies of the
Resolution are on file in the principal office of the Bond
Registrar.
Transfer. This Bond is transferable by the Registered
Owner in person or by the Registered Owner's attorney duly
authorized in writing at the principal office of the Bond
Registrar upon presentation and surrender hereof to the Bond
Registrar, all subject to the terms and conditions provided in
the Resolution and to reasonable regulations of the City •
contained in any agreement with the Bond Registrar. Thereupon
the City shall execute and the Bond Registrar shall authenticate
and deliver, in exchange for this Bond, one or more new fully
registered Bonds in the name of the transferee (but not
registered in blank or to "bearer" or similar designation) , of an
authorized denomination or denominations, in aggregate principal
amount equal to the principal amount of this Bond, of the same
maturity and bearing interest at the same rate.
Fees upon Transfer or Loss. The Bond Registrar may
require payment of a sum sufficient to cover any tax or other
governmental charge payable in connection with the transfer or
exchange of this Bond and any legal or unusual costs regarding
transfers and lost Bonds. -_
Treatment of Registered Owners. The City and Bond
Registrar may treat the person in whose name this Bond is
registered as the owner hereof for the purpose of receiving
payment as herein provided (except as otherwise provided on the
reverse side hereof with respect to the Record Date) and for all
other purposes, whether or not this Bond shall be overdue, and
neither the City nor the Bond Registrar shall be affected by
notice to the contrary.
Authentication. This Bond shall not be valid or become
obligatory for any purpose or be entitled to any security unless
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10
111 the Certificate of Authentication hereon shall have been executed
by the Bond Registrar.
Qualified Tax-Exempt Obligations. The Bonds have been
designated by the City as "qualified tax-exempt obligations" for
purposes of Section 265 (b) (3) of the Internal Revenue Code of
1986, as amended.
ABBREVIATIONS
The following abbreviations, when used in the inscription on
the face of this Bond, shall be construed as though they were
written out in full according to applicable laws or regulations:
TEN COM - as tenants in common
TEN ENT - as tenants by the entireties
JT TEN - as joint tenants with right of survivorship
and not as tenants in common
UTMA - as custodian for
(Cust) (Minor)
under the Uniform
(State)
Transfers to Minors Act
• Additional abbreviations may also be used
though not in the above list.
•
16244
11
ASSIGNMENT
111
For value received, the undersigned hereby sells,
assigns and transfers unto
the within Bond and does
hereby irrevocably constitute and appoint as
attorney to transfer the Bond on the books kept for the
registration thereof, with full power of substitution in the
premises.
Dated:
Notice: The assignor's signature to this
assignment must correspond with the name
as it appears upon the face of the
within Bond in every particular, without
alteration or any change whatever.
Signature Guaranteed:
Signature(s) must be guaranteed by a national bank or trust
company or by a brokerage firm having a membership in one of the
major stock exchanges.
The Bond Registrar will not effect transfer of this Bond
unless the information concerning the transferee requested below
is provided.
Name and Address:
(Include information for all joint owners
if the Bond is held by joint account. )
•
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12
1
9. Execution; Temporary Bonds. The Bonds shall be
executed on behalf of the City by the signatures of its Mayor and
City Clerk-Administrator and be sealed with the seal of the City;
provided, however, that the seal of the City may be a printed
facsimile; and provided further that both of such signatures may
be printed facsimiles and the corporate seal may be omitted on
the Bonds as permitted by law. In the event of disability or
resignation or other absence of either such officer, the Bonds
may be signed by the manual or facsimile signature of that
officer who may act on behalf of such absent or disabled officer.
In case either such officer whose signature or facsimile of whose
signature shall appear on the Bonds shall cease to be such
officer before the delivery of the Bonds, such signature or
facsimile shall nevertheless be valid and sufficient for all
purposes, the same as if he or she had remained in office until
delivery. The City may elect to deliver, in lieu of printed
definitive bonds, one or more typewritten temporary bonds in
substantially the form set forth above, with such changes as may
be necessary to reflect more than one maturity in a single
temporary bond. Such temporary bonds shall, upon the printing of
the definitive bonds and the execution thereof, be exchanged
therefor and cancelled.
10. Authentication. No Bond shall be valid or
obligatory for any purpose or be entitled to any security or
• benefit under this Resolution unless a Certificate of
Authentication on such Bond, substantially in the form
hereinabove set forth, shall have been duly executed by an
authorized representative of the Bond Registrar. Certificates of
Authentication on different Bonds need not be signed by the same
person. The Bond Registrar shall authenticate the signatures of
officers of the City on each Bond by execution of the Certificate
of Authentication on the Bond and by inserting as the date of
registration in the space provided the date on which the Bond is
authenticated, except that for purposes of delivering the
original Bonds to the Purchaser, the Bond Registrar shall insert
as a date of registration the date of original issue, which date
iq May 1, 1 — . - - . - . Authentication so executed on
each Bond shall be conclusive evidence that it has been
authenticated and delivered under this Resolution.
The City Clerk-Administrator shall obtain a copy of the
proposed approving legal opinion of bond counsel, Briggs and
Morgan, Professional Association, St. Paul, Minnesota, which
shall be complete except as to dating thereof, shall cause such
opinion to be filed in the offices of the City, and shall cause
said opinion to be printed on each of the Bonds, together with a
certificate to be signed by the facsimile signature of the City
Clerk-Administrator in substantially the form set forth in the
foregoing form of the Bonds.
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13
11. Registration; Transfer; Exchange. The City will411
cause to be kept at the principal office of the Bond Registrar a
bond register in which, subject to such reasonable regulations as
the Bond Registrar may prescribe, the Bond Registrar shall
provide for the registration of Bonds and the registration of
transfers of Bonds entitled to be registered or transferred as
herein provided.
Upon surrender for transfer of any Bond at the
principal office of the Bond Registrar, the City shall execute
(if necessary) , and the Bond Registrar shall authenticate, insert
the date of registration (as provided in paragraph 10) of, and
deliver, in the name of the designated transferee or transferees,
one or more new Bonds of any authorized denomination or
denominations of a like aggregate principal amount, having the
same stated maturity and interest rate, as requested by the
transferor; provided, however, that no Bond may be registered in
blank or in the name of "bearer" or similar designation.
At the option of the registered owner thereof, Bonds
may be exchanged for Bonds of any authorized denomination or
denominations of a like aggregate principal amount and stated
maturity, upon surrender of the Bonds to be exchanged at the
principal office of the Bond Registrar. Whenever any Bonds are
so surrendered for exchange, the City shall execute (if
necessary) , and the Bond Registrar shall authenticate, insert the •
date of registration of, and deliver the Bonds which the
registered owner making the exchange is entitled to receive.
All Bonds surrendered upon any exchange or transfer
provided for in this Resolution shall be promptly cancelled by
the Bond Registrar and thereafter disposed of as directed by the
City.
All Bonds delivered in exchange for or upon transfer of
Bonds shall be valid general obligations of the City evidencing
the same debt, and entitled to the same benefits under this
Resolution, as the Bonds surrendered for such exchange or
transfer.
Every Bond presented or surrendered for transfer or
exchange shall be duly endorsed or be accompanied by a written
instrument of transfer, in form satisfactory to the Bond
Registrar, duly executed by the registered owner thereof or the
registered owner's attorney duly authorized in writing.
The Bond Registrar may require payment of a sum
sufficient to cover any tax or other governmental charge payable
in connection with the transfer or exchange of any Bond and any
legal or unusual costs regarding transfers and lost Bonds.
!II
16244
14
. Transfers shall also be subject to reasonable regula-
tions of the City contained in any agreement with the Bond
Registrar, including regulations which permit the Bond Registrar
to close its transfer books between record dates and payment
dates.
12. Rights Upon Transfer or Exchange. Each Bond
delivered upon transfer of or in exchange for or in lieu of any
other Bond shall carry all the rights to interest accrued and
unpaid, and to accrue, which were carried by such other Bond.
13 . Interest Payment; Record Date. Interest on any
Bond shall be paid on each Interest Payment Date by check or
draft mailed to the person in whose name the Bond is registered
on the registration books of the City maintained by the Bond
Registrar and at the address appearing thereon at the close of
business on the fifteenth (15th) day of the calendar month
preceding such Interest Payment Date (the "Regular Record Date") .
Any such interest not so timely paid shall cease to be payable to
the person who is the registered owner thereof as of the Regular
Record Date, and shall be payable to the person who is the
registered owner thereof at the close of business on a date (the
"Special Record Date") fixed by the Bond Registrar whenever money
becomes available for payment of the defaulted interest. Notice
of the Special Record Date shall be given by the Bond Registrar
• to the registered owners not less than ten (10) days prior to the
Special Record Date.
14 . Treatment of Registered Owner. The City and Bond
Registrar may treat the person in whose name any Bond is
registered as the owner of such Bond for the purpose of receiving
payment of principal of and premium, if any, and interest
(subject to the payment provisions in paragraph 13 above) on,
such Bond and for all other purposes whatsoever whether or not
such Bond shall be overdue, and neither the City nor the Bond
Registrar shall be affected by notice to the contrary.
15. Delivery; Application of Proceeds. The Bonds_when
so prepared and executed shall be delivered by the City Finance
Director to the Purchaser upon receipt of the purchase price, and
the Purchaser shall not be obliged to see to the proper
application thereof.
16. Fund and Accounts. There is hereby created a
special fund of the City designated the "$2 , 875, 000 General
Obligation Water Revenue Bonds, Series 1991A Fund" (the "Fund")
to be held and administered by the City as a bookkeeping account
separate and apart from all other funds maintained in the
official financial records of the City. The Fund shall continue
to be maintained in the manner herein specified until all of the
Bonds herein authorized and all other bonds payable from said
Fund and the interest thereon have been fully paid. There shall
16244
15
be maintained in the Fund two (2) separate accounts, to be
111
designated the "Construction Account" and "Debt Service Account" ,
respectively.
(i) Construction Account. To the Construction Account
there shall be credited the proceeds of the sale of the Bonds,
less accrued interest received thereon, and less any amount paid
for the Bonds in excess of $2,837, 625. From the Construction
Account there shall be paid all costs and expenses of making the
Improvements, including the cost of any construction contracts
heretofore let and all other costs incurred and to be incurred of
the kind authorized in Minnesota Statutes, Section 475. 65; and
the moneys in said account shall be used for no other purpose
except as otherwise provided by law.
(ii) Debt Service Account. There are hereby irrevocably
appropriated and pledged to, and there shall be credited to, the
Debt Service Account: (a) the net revenues of the City's
municipal water system (as hereinafter described, the "Net
Revenues") , but only in amounts and at such times as will be
sufficient (together with other amounts in the Debt Service
Account) to pay, when due, the principal of and interest on the
Bonds; (b) all accrued interest received upon delivery of the
Bonds; (c) all funds paid for the Bonds in excess of $2,837, 625;
(d) any collections of all taxes hereafter levied for the payment
of the Bonds and interest thereon; (e) all investment earnings on
funds held in the Debt Service Account; and (f) any and all other .
moneys which are properly available and are appropriated by the
Council to the Debt Service Account. The Debt Service Account
shall be used solely to pay the principal and interest and any
premiums for redemption of the Bonds and any other general
obligation bonds of the City hereafter issued by the City and
made payable from said account as provided by law.
As used in this paragraph, Net Revenues shall mean the gross
revenues derived by the City from the operation of its municipal
water system, including all charges for service, use,
availability, and connection to said system, and all monies
received from the sale of any facilities or equipment of said
system oranyby-products thereof, less all normal, reasonable,
or current costs of owning, operating, and maintaining the
system. If any payment of principal or interest on the Bonds
shall become due when there are not sufficient funds in the Debt
Service Account to pay the same, the City Finance Director shall
pay such principal or interest from the general fund or other
available fund of the City, and such fund shall be reimbursed for
such advances from the proceeds of the Net Revenues or of any
general ad valorem taxes hereafter levied for such purpose, when
collected. The City hereby covenants that it will impose and
collect charges for the service, use, and availability of and
connection to the City's municipal water system, at the times and
in the amounts required to produce Net Revenues adequate, 111
16244
16
together with other sources of funding available to the Debt
Service Account, to pay all principal of and interest on the
Bonds, when due.
Nothing contained herein shall be deemed to preclude the
City from making further pledges and appropriations of the Net
Revenues of the City's municipal water system for the payment of
other or additional obligations of the City, provided that it has
first been determined that the estimated Net Revenues of the
City's municipal water system will be sufficient, in addition to
all other sources, for the payment of the Bonds and such
additional obligations, and any such pledge and appropriation of
said Net Revenues may be made superior or subordinate to, or on a
parity with, the pledge and appropriation herein.
No portion of the proceeds of the Bonds shall be used
directly or indirectly to acquire higher yielding investments or
to replace funds which were used directly or indirectly to
acquire higher yielding investments, except (1) for a reasonable
temporary period until such proceeds are needed for the purpose
for which the Bonds were issued and (2) in addition to the above
in an amount not greater than the lesser of five percent (5%) of
the "issue price" of the Bonds or $100,000. To this effect, any
proceeds of the Bonds and any sums from time to time held in the
Construction Subaccount or Debt Service Account in excess of
• amounts which under then-applicable federal arbitrage regulations
may be invested without regard to yield shall not be invested at
a yield in excess of the applicable yield restrictions imposed by
said arbitrage regulations on such investments after taking into
account any applicable "temporary periods" or "minor portion"
made available under the federal arbitrage regulations. Money in
the Fund shall not be invested in obligations or deposits issued
by, guaranteed by or insured by the United States or any agency
or instrumentality thereof if and to the extent that such
investment would cause the Bonds or any Additional Bonds to be
"federally guaranteed" within the meaning of Section 149 (b) of
the federal Internal Revenue Code of 1986, as amended (the
"Code") .
17. 105% Debt Service Coverage. It is hereby
determined that the estimated collections of Net Revenues will
produce at least 5% in excess of the amount needed to meet, when
due, the principal of and interest on the Bonds, and accordingly
no ad valorem tax levy is required at this time. The City Clerk-
Administrator is directed to file a certified copy of this
Resolution with the Director of Property Taxation of Ramsey
County and to obtain the certificate of said official required by
Minnesota Statutes, Section 475. 63 .
18. General Obligation Pledge. The full faith and
• credit and taxing powers of the City are hereby pledged to the
payment of the principal of and interest on the Bonds, and in the
16244
17
event of any current or anticipated deficiency of funds in the
Debt Service Account of amounts needed to make any such payment,
when due, the Council shall levy ad valorem taxes on all taxable
property in the City in the amount of such deficiency. If the
balance in the Debt Service Account is ever insufficient to pay
all principal and interest then due on the Bonds and any other
bonds payable therefrom, the deficiency shall be promptly paid
out of any other funds of the City which are available for such
purpose, and such other funds may be reimbursed with or without
interest from the Debt Service Account when a sufficient balance
is available therein.
19. Records and Certificates. The officers of the
City are hereby authorized and directed to prepare and furnish to
the Purchaser, and to the attorneys approving the legality of the
issuance of the Bonds, certified copies of all proceedings and
records of the City relating to the Bonds and to the financial
condition and affairs of the City, and such other affidavits,
certificates and information as are required to show the facts
relating to the legality and marketability of the Bonds as the
same appear from the books and records under their custody and
control or as otherwise known to them, and all such certified
copies, certificates and affidavits, including any heretofore
furnished, shall be deemed representations of the City as to the
facts recited therein.
20. Negative Covenant as to Use of Improvements. The
City hereby covenants not to use the proceeds of the Bonds or to
use the Improvements or to cause or permit the Improvements to be
used, or to enter into any deferred payment arrangements for the
cost of the Improvements, in such a manner as to cause the Bonds
to be "private activity bonds" within the meaning of Sections 103
and 141 through 150 of the Code.
21. Tax-Exempt Status of the Bonds; Rebate. The City
shall comply with requirements necessary under the Code to
establish and maintain the exclusion from gross income under
Section 103 of the Code of the interest on the Bonds, including
without limitation but only if and to the extent applicable (1)
requirements relating to temporary periods for investments, (2)
limitations on amounts invested at a yield greater than the yield
on the Bonds, and (3) the rebate of excess investment earnings to
the United States if the Bonds (together with other obligations
reasonably expected to be issued and outstanding at one time in
this calendar year) exceed the small-issuer exception amount of
$5, 000, 000. For purposes of qualifying for the small issuer
exception to the federal arbitrage rebate requirements, the City
hereby finds, determines and declares that (1) the Bonds are
issued by a governmental unit with general taxing powers, (2) no
Bond is a private activity bond, (3) ninety-five percent (95%) or
more of the net proceeds of the Bonds are to be used for local •
governmental activities of the City (or of a governmental unit
16244
18
the jurisdiction of which is entirely within the jurisdiction of
the City) , and (4) the aggregate face amount of all tax-exempt
obligations (other than private activity bonds) issued by the
City (and all entities subordinate to, or treated as one issuer
with, the City) during the 1991 calendar year is not reasonably
expected to exceed $5, 000, 000, all within the meaning of Section
148 (f) (4) (C) of the Code.
22 . Designation of Qualified Tax-Exempt Obligations.
In order to qualify the Bonds as "qualified tax-exempt
obligations" within the meaning of Section 265 (b) (3) of the Code,
the City hereby makes the following factual statements and
representations:
(a) the Bonds are issued after August 7, 1986;
(b) the Bonds are not "private activity bonds" as
defined in Section 141 of the Code;
(c) the City hereby designates the Bonds as "qualified
tax-exempt obligations" for purposes of Section 265 (b) (3) of
the Code;
(d) the reasonably anticipated amount of tax-exempt
obligations (other than private activity bonds, treating
411 qualified 501(c) (3) bonds as not being private activity
bonds) which will be issued by the City (and all entities
subordinate to, or treated as one issuer with, the City)
during calendar year 1991 will not exceed $10, 000, 000; and
(e) not more than $10, 000, 000 of obligations issued or
to be issued by the City during calendar year 1991 have been
designated for purposes of Section 265 (b) (3) of the Code.
The City shall use its best efforts to comply with any federal
procedural requirements which may apply in order to effectuate
the designation made by this paragraph.
23 . Severability. If any section, paragraph or
provision of this Resolution shall be held to be invalid or
unenforceable for any reason, the invalidity or unenforceability
of such section, paragraph or provision shall not affect any of
the remaining provisions of this Resolution.
24. Defeasance. When all Bonds have been discharged
as provided in this paragraph, all pledges, covenants and other
rights granted by this Resolution to the registered owners of the
Bonds shall, to the extent permitted by law, cease. The City may
discharge its obligations with respect to any Bonds which are due
on any date by irrevocably depositing with the Bond Registrar on
or before that date a sum sufficient for the payment thereof in
full; or if any Bond should not be paid when due, it may
16244
19
nevertheless be discharged by depositing with the Bond Registrar
a sum sufficient for the payment thereof in full with interest
accrued to the date of such deposit. The City may also discharge
its obligations with respect to any prepayable Bonds called for
redemption on any date when they are prepayable according to
their terms by depositing with the Bond Registrar on or before
that date a sum sufficient for the payment thereof in full,
provided that notice of redemption thereof has been duly given.
The City may also at any time discharge its obligations with
respect to any Bonds, subject to the provisions of law now or
hereafter authorizing and regulating such action, by depositing
irrevocably in escrow, with a suitable banking institution
qualified by law as an escrow agent for this purpose, cash or
securities described in Minnesota Statutes, Section 475. 67,
Subdivision 8, bearing interest payable at such times and at such
rates and maturing on such dates as shall be required, subject to
sale and/or reinvestment, to pay all amounts to become due
thereon to maturity or, if notice of redemption as herein
required has been duly provided for, to such earlier redemption
date.
25. Headings. Headings in this Resolution are
included for convenience of reference only and shall not limit or
define the meaning of any provision hereof.
Adopted this 22nd day of April, 1991, by the Mounds •
View City Council.
The motion for the adoption of the foregoing Resolution was
duly seconded by Councilmember and, after full
discussion thereof and upon a vote being taken thereon, the
following Councilmembers voted in favor thereof:
and the following voted against the same:
Whereupon said Resolution was declared duly passed and
adopted.
•
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20
- 4
City Clerk-Administrator's Certificate
I, the undersigned, being the duly qualified and acting City
Clerk-Administrator of the City of Mounds View, Minnesota, DO
HEREBY CERTIFY that I have carefully compared the attached and
foregoing extract of minutes with the original minutes of a
meeting of the City Council duly called and held on the date
therein indicated, which are on file and of record in my office,
and the same is a full, true and correct transcript therefrom
insofar as the same relates to the sale of the City's $2,875, 000
General Obligation Water Revenue Bonds, Series 1991A, dated May
1, 1991.
WITNESS my hand as such City Clerk-Administrator and the
• official seal of the City this day of , 1991.
City Clerk-Administrator
(SEAL)
•
16244
v -
STATE OF MINNESOTA) DIRECTOR OF PROPERTY TAXATION'S CERTIFICATE
OF FILING BOND RESOLUTION
COUNTY OF RAMSEY )
I, the undersigned Director of Property Taxation of Ramsey
County, Minnesota, hereby certify that a certified copy of a
resolution adopted by the City Council of the City of Mounds
View, Minnesota, on April 22, 1991, authorizing the issuance and
sale of the City's $2,875, 000 General Obligation Water Revenue
Bonds, Series 1991A, dated May 1, 1991, has been filed in my
office and I further certify that said Bonds have been entered on
the register of obligations in my office.
WITNESS my hand the official seal of my office this day
of , 1991.
•
Director of Property Taxation
Ramsey County, Minnesota
By
Deputy
(SEAL)
•
16244
Agenda Section: 9.3
0U � REQUEST FOR COUNCIL CONSIDERATION Report Number: 91-5C
NS
Report Date: 4-77-91
lilt
STAFF REPORT Council Action:
• 0 Special Order of Business
CITY COUNCIL MEETING DATE April 22, 1991 0 Public Hearings
0 Consent Agenda
® Council Business
Item Description: Appointments to the Land Use Study Task Force
Administrator's Review/Recommendation: ) ,�
-No comments to supplement this report
- Comments attached.
Explanation/Summary (attach supplement sheets as necessary.)
SUMMARY;
LAND USE STUDY TASKFORCE
RECOMMENDATION
2 Council Members:
Pat Rickaby
Gary Quick
3 Staff:
Ric Minetor
III Sam Orduno
Mary Saarion
1 Parks and Recreation Commissioners:
Scott Dentz
1 Planning Commissioner:
Len Burgers
2 At-Large Community Residents: Below are suggestions for consideration.
Residing North of Hwy 10:
* Linda Hanson (EQTF)
George Lamb
Stephanie Shaner
Residing South of Hwy 10:
Bob Bartlett
Terry Pajerski
* T. Fischer
*Those people who have agreed to be considered as of 1:00 p.m. Thursday, April 18, 1991. The others have not
been reached or have not returned a reply at this time. It is anticipated that all will have been contacted by
Monday evening's council meeting, and the council will be advised of any that choose not to be considered.
•
RECOMMENDATION; To appoint a nine member taskforce for the landuse study. •
Agenda Section: 9.4
vOiJE REQUEST FOR COUNCIL CONSIDERATION Report Number: 91 -6C
Report Date: 4-22-91-??-91
STAFF REPORT council Action:
• ❑ Special Order of Business
CITY COUNCIL MEETING DATE April 22, 1991 0 Public Hearings
0 Consent Agenda
XI Council Business
Item Description:
Purchase of Seeder
Administrator's Review/Recommendation:
- No comments to supplement this report
- Comments attached.
Explanation/Summary (attach supplement sheets as necessary.)
SUMMARY;
In the 1991 budget, several items were identified as needing to be
replaced or upgraded. Such items included; a new truck for
forestry, upgraded seeder, chain saws, push mower and a vacuum
system for the existing mower. Some of items were purchased under
the budgeted amount.
A savings of approximately $1, 700 . 00 on the truck and $500.00 on
the vacuum system was obtained. We have, however, received bids on
the seeder that are over the $3 ,000.00 budgeted amount by $610.00 .
At this time, we are requesting that the Council approve the
IIIrequest to utilize a portion of the $2 , 200.00 that was saved on the
truck and vacuum system, to offset the cost of the new seeder.
Bids are as follows:
Buckner Sales Company $4,250.00
Carlson Tractor and Equipment $3,610.00
R141 -.4--4>47--\`or
• Director of Public Works/City Engineer
•
RECOMMENDATION:
Staff recommends acceptance of the Carlson Tractor and Equipment bid
for the purchase price of $3 , 610 . 00 and to be charged to account
100-4360-703
Agenda Section: 9.5
111 176REQUEST FOR COUNCIL CONSIDERATION Report Number: 91-7CSTAFF REPORT Report Date: 4-?2-91
Council Action:
0 Special Order of Business
CITY COUNCIL MEETING DATE Apr 11 22, 1991 0 Public Hearings
❑ Consent Agenda
EX Council Business
Item Description: VARIANCE REQUEST BY CONTINENTAL DEVELOPMENT, 2673 SHERWOOD ROAD
PLANNING CASE NO. 321-91
Administrator's Review/Recommendation:
- No comments to supplement this report
- Comments attached.
Explanation/Summary (attach supplement sheets as necessary.)
UMMARY;
This item has been reviewed by the Council at their April 15, 1991,
Agenda Session.
Resolution No. 4074 has been submitted for your consideration.
•
ul Harrington Planning Technician
RECOMMENDATION;
RESOLUTION NO. 4074
CITY OF MOUNDS VIEW
COUNTY OF RAMSEY
STATE OF MINNESOTA
RESOLUTION APPROVING SETBACK VARIANCE REQUEST BY
CONTINENTAL DEVELOPMENT FOR THE PROPERTY LOCATED AT
2673 SHERWOOD ROAD, PLANNING CASE NO. 321-91
WHEREAS, Continental Development Corporation has applied
for a variance to allow the construction of a single family home at
a 30 foot setback where a 58 foot setback is required by a previous
planning action; and
WHEREAS, the City Council has reviewed the setback
variance request and the criteria for granting a variance; and
WHEREAS, the City Council has reviewed the applicant's
hardship statement and agree that a hardship is present on the
property; and
WHEREAS, the City Council has determined that there are
no reasonable alternatives; and
111
WHEREAS, the City Council has determined that the
granting of this particular request would not set a precedent.
NOW, THEREFORE, BE IT RESOLVED that the City Council of
the City of Mounds View approves the variance request by
Continental Development Corporation for the property located at
2673 Sherwood Road.
Adopted this 22nd day of April, 1991.
ATTEST:
Mayor
(SEAL)
City Administrator
S