HomeMy WebLinkAboutCC PACKET 09102024CITY OF SAINT ANTHONY VILLAGE
CITY COUNCIL MEETING AGENDA
Tuesday, September 10, 2024 at 7:00PM
Members of the public who wish to attend the meeting may do so in person.
Call To Order.
Pledge Of Allegiance.
Roll Call.
Approval Of Agenda.
Proclamations And Recognitions.
Commissioner Mary Jo McGuire Presentation
Consent Agenda.
Approval Of CC Meeting Minutes
CC 08 -27 -2024.PDF
License And Permits
LICENSEANDPERMITS .PDF
Claims
09 -10 -2024.PDF
Resolution 24 -058 - Designating Councilmember Elnagdy As A Participant In
Outside Organizations For 2024
RESOLUTION 24 -058.PDF
Public Hearing.
Resolution 24 -059 - Setting The 2025 Preliminary Tax Levy And General
Operating Budget For The City Of St. Anthony Village
Deborah Maloney, Finance Director, presenting.
COVER MEMO.PDF
PRESENTATION.PDF
NOTICE - BUDGET PUBLIC HEARING PUB AUG 30, 2024.PDF
RESOLUTION 24 -059.PDF
Reports From Commission And Staff.
Ordinance 2024 -05 - Amending Section 154.188 Of The St. Anthony City Code
Regulating Cannabis Businesses
Steve Grittman, City Planner, presenting.
First Reading
COVER MEMO.PDF
CANNABIS ORDINANCE - SECTION 154.188.PDF
General Business Of Council.
Resolution 24 -060 - Relating To The $1,780,000 General Obligation Improvement
Bonds, Series 2024A; Authorizing The Issuance, Awarding The Sale, Fixing The
Form And Details, Providing For The Execution And Delivery Thereof And The
Security Therefor And Levying Ad Valorem Taxes For The Payment Thereof
Stacie Kvilvang, Ehlers & Associates, presenting.
This Resolution has been updated as of 9/10/2024 at 1:45PM.
RESOLUTION 24 -060.PDF
Reports From City Manager And Council Members.
Community Forum
Individuals may address the City Council about any City business item not included on the
regular agenda. Speakers are requested to come to the podium, sign their name and address
on the form at the podium, state their name and address for the Clerk ’s record, and limit their
remarks to five minutes. Generally, the City Council will not take official action on items
discussed at this time, but may typically refer the matter to staff for a future report or direct the
matter to be scheduled on an upcoming agenda. Those unable to attend the meeting in person
may submit comments via the City's PUBLIC COMMENTS FORM .
Information And Announcements.
Future Agenda Items
FUTURE AGENDA ITEMS.PDF
Adjournment
If you would like to request special accommodations or alternative formats, please contact the City Clerk
at 612 -782 -3314 or email city@savmn.com . People who are deaf or hard of hearing can contact us by
using 711 Relay.
Our Mission is to promote a high quality of life to those we serve through outstanding
city services.
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CITY OF SAINT ANTHONY VILLAGECITY COUNCIL MEETING AGENDATuesday, September 10, 2024 at 7:00PMMembers of the public who wish to attend the meeting may do so in person. Call To Order.Pledge Of Allegiance.Roll Call.Approval Of Agenda.Proclamations And Recognitions.Commissioner Mary Jo McGuire PresentationConsent Agenda.Approval Of CC Meeting MinutesCC 08 -27 -2024.PDFLicense And PermitsLICENSEANDPERMITS .PDFClaims09-10 -2024.PDFResolution 24 -058 - Designating Councilmember Elnagdy As A Participant In Outside Organizations For 2024RESOLUTION 24 -058.PDF
Public Hearing.
Resolution 24 -059 - Setting The 2025 Preliminary Tax Levy And General
Operating Budget For The City Of St. Anthony Village
Deborah Maloney, Finance Director, presenting.
COVER MEMO.PDF
PRESENTATION.PDF
NOTICE - BUDGET PUBLIC HEARING PUB AUG 30, 2024.PDF
RESOLUTION 24 -059.PDF
Reports From Commission And Staff.
Ordinance 2024 -05 - Amending Section 154.188 Of The St. Anthony City Code
Regulating Cannabis Businesses
Steve Grittman, City Planner, presenting.
First Reading
COVER MEMO.PDF
CANNABIS ORDINANCE - SECTION 154.188.PDF
General Business Of Council.
Resolution 24 -060 - Relating To The $1,780,000 General Obligation Improvement
Bonds, Series 2024A; Authorizing The Issuance, Awarding The Sale, Fixing The
Form And Details, Providing For The Execution And Delivery Thereof And The
Security Therefor And Levying Ad Valorem Taxes For The Payment Thereof
Stacie Kvilvang, Ehlers & Associates, presenting.
This Resolution has been updated as of 9/10/2024 at 1:45PM.
RESOLUTION 24 -060.PDF
Reports From City Manager And Council Members.
Community Forum
Individuals may address the City Council about any City business item not included on the
regular agenda. Speakers are requested to come to the podium, sign their name and address
on the form at the podium, state their name and address for the Clerk ’s record, and limit their
remarks to five minutes. Generally, the City Council will not take official action on items
discussed at this time, but may typically refer the matter to staff for a future report or direct the
matter to be scheduled on an upcoming agenda. Those unable to attend the meeting in person
may submit comments via the City's PUBLIC COMMENTS FORM .
Information And Announcements.
Future Agenda Items
FUTURE AGENDA ITEMS.PDF
Adjournment
If you would like to request special accommodations or alternative formats, please contact the City Clerk
at 612 -782 -3314 or email city@savmn.com . People who are deaf or hard of hearing can contact us by
using 711 Relay.
Our Mission is to promote a high quality of life to those we serve through outstanding
city services.
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VII.
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CITY OF SAINT ANTHONY VILLAGECITY COUNCIL MEETING AGENDATuesday, September 10, 2024 at 7:00PMMembers of the public who wish to attend the meeting may do so in person. Call To Order.Pledge Of Allegiance.Roll Call.Approval Of Agenda.Proclamations And Recognitions.Commissioner Mary Jo McGuire PresentationConsent Agenda.Approval Of CC Meeting MinutesCC 08 -27 -2024.PDFLicense And PermitsLICENSEANDPERMITS .PDFClaims09-10 -2024.PDFResolution 24 -058 - Designating Councilmember Elnagdy As A Participant In Outside Organizations For 2024RESOLUTION 24 -058.PDFPublic Hearing.Resolution 24 -059 - Setting The 2025 Preliminary Tax Levy And General Operating Budget For The City Of St. Anthony VillageDeborah Maloney, Finance Director, presenting.COVER MEMO.PDFPRESENTATION.PDFNOTICE - BUDGET PUBLIC HEARING PUB AUG 30, 2024.PDFRESOLUTION 24 -059.PDFReports From Commission And Staff.Ordinance 2024 -05 - Amending Section 154.188 Of The St. Anthony City Code Regulating Cannabis BusinessesSteve Grittman, City Planner, presenting.First ReadingCOVER MEMO.PDFCANNABIS ORDINANCE - SECTION 154.188.PDFGeneral Business Of Council.Resolution 24 -060 - Relating To The $1,780,000 General Obligation Improvement Bonds, Series 2024A; Authorizing The Issuance, Awarding The Sale, Fixing The Form And Details, Providing For The Execution And Delivery Thereof And The Security Therefor And Levying Ad Valorem Taxes For The Payment ThereofStacie Kvilvang, Ehlers & Associates, presenting.This Resolution has been updated as of 9/10/2024 at 1:45PM.RESOLUTION 24 -060.PDFReports From City Manager And Council Members.Community ForumIndividuals may address the City Council about any City business item not included on the regular agenda. Speakers are requested to come to the podium, sign their name and address on the form at the podium, state their name and address for the Clerk ’s record, and limit their remarks to five minutes. Generally, the City Council will not take official action on items discussed at this time, but may typically refer the matter to staff for a future report or direct the matter to be scheduled on an upcoming agenda. Those unable to attend the meeting in person may submit comments via the City's PUBLIC COMMENTS FORM .
Information And Announcements.
Future Agenda Items
FUTURE AGENDA ITEMS.PDF
Adjournment
If you would like to request special accommodations or alternative formats, please contact the City Clerk
at 612 -782 -3314 or email city@savmn.com . People who are deaf or hard of hearing can contact us by
using 711 Relay.
Our Mission is to promote a high quality of life to those we serve through outstanding
city services.
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4
1 CITY OF ST. ANTHONY
2 CITY COUNCIL REGULAR MEETING MINUTES
3 AUGUST 27, 2024
4
I.5 CALL TO ORDER.
6
7 Mayor Wendy Webster called the meeting to order at 7:00 p.m.
8
II.9 PLEDGE OF ALLEGIANCE.
10
11 Mayor Wendy Webster invited the Council and audience to join her in the Pledge of Allegiance.
12
III.13 ROLL CALL.
14
15 Present: Mayor Webster, Councilmembers Doolan, Elnagdy (joined after Oath of Office) and
16 Jenson.
17
18 Absent:Councilmember Randle
19
20 Also Present:City Manager Charlie Yunker and Finance Director Deborah Maloney.
21
22
23 CONSIDERATION, DISCUSSION, AND POSSIBLE ACTION ON ALL OF THE
24 FOLLOWING ITEMS.
25
IV.26 APPROVAL OF AUGUST 27, 2024 CITY COUNCIL MEETING AGENDA.
27
28 Motion by Councilmember Doolan, seconded by Councilmember Jenson, to approve the City
29 Council Meeting Agenda of August 27, 2024.
30
31 Motion carried 3-0.
32
33 V.PROCLAMATIONS AND RECOGNITIONS.
34
35 Councilmember Jenson administered the Official Oath of Office to Nadia Elnagdy for the
36 position of Councilmember of the City of St. Anthony Village, Minnesota. Photographs were
37 taken. Councilmember Elnagdy joined the rest of the City Council.
38
39 VI.CONSENT AGENDA.
40
41 A.Approve August 15, 2024, Council Meeting Minutes.
42 B.Claims.
43 C.License and Permits.
44 D.Resolution 24-057 – Authorizing the City Manager and Finance Director to Make Certain
45 Transactions with Multi-Bank Securities, Inc.
46
47 Motion by Councilmember Jenson, seconded by Councilmember Doolan, to approve the Consent
48 Agenda items.
49
5
City Council Regular Meeting Minutes
August 27, 2024
Page 2
1 Motion carried 4-0.
2
3 VII.PUBLIC HEARING - NONE.
4
5 VIII.REPORTS FROM COMMISSION AND STAFF - NONE.
6
7 IX.GENERAL BUSINESS OF COUNCIL.
8
A.9 2025 Proposed Budget & Levy Presentation.
10
11 Finance Director Deborah Maloney reviewed on June 11, 2025, a revised Street Improvement
12 schedule was presented for the City Council’s consideration of 2025 improvements that included
13 street reconstruction and limited mill and overlay improvements and staff presented the future
14 Street Improvement Plan that reflected extensive mill and overlay project for 2024 and 2025 and
15 the resulting impact on the 2025 debt service levy. At the June 25, 2024, City Council Work
16 Session, the City Council and Staff reviewed the updated Street Improvement schedule and its
17 impact on the 2025 Debt Levy. The Debt Levy provides funding for 2025 debt service payments
18 for the Road Improvement debt, Lease Revenue debt (City Buildings), and the Tax Abatement
19 debt (parks and sidewalks). The proposed 2025 Debt Levy will be part of the requested approval
20 of the Preliminary Levy for 2025 at the September 10 City Council Meeting.
21
22 At the July 9 Work Session, Staff provided the City Council with an early projection regarding
23 the overall levy and General Fund Budget based on known cost increases and inflationary
24 assumptions. Staff continued to analyze actual costs with new information provided by vendors,
25 contractual service providers, and labor negotiation developments and presented an updated
26 overall levy scenario and a detailed 2025 General Fund Redevelopment Authority (HRA),
27 Capital Equipment, Building, Parks and Infrastructure Improvement Funds levies. The Levy
28 proposed below reflects these work session discussions. Council directed Staff to incorporate the
29 items discussed into the 2025 Budget and Levy. Council affirmed the adjustments to the various
30 capital levies that are consistent with the long-term capital plans. No increase in the HRA levy
31 was proposed for 2025. The Levy proposed reflects the culmination of Council meetings/work
32 session discussions to date.
33
34 The proposed 2025 overall levy is $9,601,511 which represents an increase of $410,378 or a
35 4.46% increase compared to the 2024 overall levy.
36
37 Ms. Maloney reviewed the 2025 Budget Calendar in detail along with the 2025 Budget Process.
38 She noted the Cost of Services ($10,290,080) less Operational Revenues ($3,824,450) leaves a
39 funding gap ($6,465,630) which equals the levy need ($6,465,630). Replacement Costs
40 ($350,000 - $1,000,000) less City Generated Revenues ($2,65,500) leaves a funding Gap which
41 equals levy amount ($573,700). Debt Payments ($3,257,030) less Debt Reduction Resources
42 ($694,849) leaves a Funding Gap which equals the Levy Amount ($2,562,181). The Total Levy
43 Amount is $9,601,511. A graph showing the Overall Levy by Fund Type was provided.
44
6
City Council Regular Meeting Minutes
August 27, 2024
Page 3
1 The General Fund Levy supports Administration, Police, Fire, Public Works, Finance and Parks.
2 In 2024 the average homeowner paid $1,693 for City services for a home valued at $411,250 or
3 $141/month. A graph showing 2025 General Fund Revenues was provided.
4
5 Ms. Maloney noted since 1999 to date the City has been awarded $35,070,091 in Grants,
6 Donations from local businesses/residents. This amounts to $3,788 per resident (based on
7 population of 9,257).
8
9 Graphs showing 2025 General Fund Expenditures were provided.
10
11 The 2025 Budget Cost Drivers are:
12
13 Personnel Costs – 71% of expenditures, overall budgeted costs increased by $504,897 or 8.55%.
14 The 2025 base wage increase is based on the anticipation of city’s unions accepting a 3%
15 COLA along with appropriate market adjustments. The net cost impact on reoccurring
16 wage base is $271,131. Other factors creating the additional $233,766 of costs are as
17 follows:
o18 The police department budget includes the full year impact of restoring the
19 lieutenant position and adding a VCET officer in 2024. These additions occurred
20 mid-year. The budget impact is an increase of $152,860 in 2025.
o21 The assistant fire chief position was added midyear in 2024, the impact of the full
22 year of the position in 2025 will be an increase of $68,828.
o23 Hiring for retirements and vacancies will result in four new officers to be trained
24 in 2025. The training costs have been budgeted separately from regular wages as
25 year to year changes will vary based on need. The cost of training four new
26 officers in 2025 is expected to be $114,298. This is a $13,149 increase over the
27 2024 training amount budgeted.
o28 Health insurance premium increase of 9.1% is shared 50/50 by the city and the
29 employees. The 2025 impact of the shared increase is $72,925 (includes elected
30 coverage changes from 2023 to 2024).
31
32 Contracted Services – 10% of expenditures, overall increase of $60,018 offset by a decrease of
33 $82,000 resulting from Hennepin County Board of Commissioner’s decision to stop charging
34 cities for this service; this will be levied through the county’s levy going forward.
35 Construction permits inspections budgeted at an increasing baseline activity has results in
36 greater expense of $5,394. This increase has no impact on the levy as the inspection fee is
37 a percentage of permit revenue received.
38 Assessor, attorney, auditor, engineer and planner services reflect rate and activity
39 increases. The net result of these factors is a cost decrease of ($27,375).
40 Contracted information technology costs up $22,383.
41 Miscellaneous service contracts are estimated to increase by $18,940. This is driven by
42 police and fire increases in contracted costs, and remaining costs impacted by inflation.
43
44 Other Insurance Costs – 5% of expenditures, overall costs up by $17,575.
45 The worker’s compensation insurance experience rating improved by 11% in the 2024-
46 2025 renewal period, combined with overall rate reductions of 15% resulted in a savings
47
7
City Council Regular Meeting Minutes
August 27, 2024
Page 4
1 of 16.86% for the 2024/2025 policy renewal, resulting in a savings of $58,230 in
2 workers’ compensation premiums for the policy year. The budget year is a combination
3 of half prior renewal rates and half current renewal year rates, resulting in a small overall
4 increase when combined with the prior year increase of 17.2%.
5 Liability, property and casualty premiums are projected to increase by $24,469 in 2025.
6 Main contributors to this are a 16.35% increase in municipal liability, 32.56% increase in
7 auto, and 19.5% increase in excess liability premiums, the new increase is 13.64%.
8
9 Pass Through Costs – 3% of expenditures, costs up $59,254.
10 The substantial portion of the increase represents an estimated $72,000 increase in fire
11 relief payments made from state fire aid. This is offset by revenue of the same amount
12 and is an accounting requirement with no net levy impact. The transfer for rent from the
13 community center returned to the 2023 amount shows a reduction of $15,000.
14
15 Remaining Budget Line Items – 11% of overall expenditures or $1,083,574 costs are up $51,732.
16 Energy costs make up $4,377 of this increase.
17 Anticipated inflationary factors have been applied to many of the supplies, printing and
18 repair and maintenance services pushing these costs up by $21,622.
19 Budgeted costs for communications, memberships and training, community inclusion and
20 sustainability initiatives and other miscellaneous items are up $25,733 compared to 2024.
21 Liquor transfer to the General Fund will be $275,000 same as 2024.
22 2025 State funded Local Government Aid reflects increases by only $921.
23 Police contracted services has increased by $68,688 a 7% increase.
24 Excess Tax Increment collections are projected to increase by $100,000 in 2025.
25
26 Ms. Maloney reviewed the 2025 Proposed Levies and provided a Summary of 2025 Budget. The
27 Next Steps in the process with dates was provided. Detail of the General Fund Revenues and
28 General Fund Expenditures were also provided.
29
30 Councilmember Jenson commented this increase is very consistent with previous years. He
31 commended the Staff on the work done on the budget.
32
33 Councilmember Doolan asked about the capital tax levy and the annual needs. What part of that
34 range was used in preparation of budget. Ms. Maloney stated it will be on the lower side and
35 discussions are still happening. Mr. Yunker stated the capital fund differs from the general fund.
36 The general fund is for spending in one particular year. Councilmember Doolan stated she
37 appreciates Staff’s work on obtaining grants.
38
39 Mayor Webster stated this is the third time this has come before Council. At the September 10
40 Public Hearing Council will be setting the ceiling for the proposed levy. That levy can be
41 lowered afterwards but not raised. The City has high quality services. 86% of the tax base is
42 residential. She thanked Staff for their work.
43
44 Mr. Yunker stated the preliminary levy will be set on September 10. This will be presented to the
45 public twice. The City is currently in discussions with the three unions. There may be changes
46 between now and the next meeting. Staff will work to keep the levy below 5%.
8
City Council Regular Meeting Minutes
August 27, 2024
Page 5
1
2 X.REPORTS FROM CITY MANAGER AND COUNCIL MEMBERS.
3
4 City Manager Yunker welcomed the new Assistant City Manager Ashley Morello.
5
6 Councilmember Doolan stated on August 18 she door-knocked on 29th Avenue with Mayor
7 Webster advising residents of the Hennepin County Ash Tree Grant. On August 21 she was part
8 of the wetland health evaluation in Diamond Lake. On August 24, she joined the Griffins in the
9 cleanup of the gardens at the high school and at Wilshire Park. On August 26, she went to Faith
10 to join Scout Troop #3153 for planting of the pollinator garden expansion.
11
12 Councilmember Jenson stated on August 24, he attended the Northeast Youth and Family
13 Services Finance Subcommittee Meeting.
14
15 Councilmember Elnagdy had no report.
16
17 Mayor Webster stated on August 18 she door knocked with Councilmember Doolan. Hennepin
18 County is seeking input on a solid waste management plan. Councilmember Jenson stated he is
19 on the Board of Directors for Ramsey County Local League of Governments and Maplewood
20 and one other city will be able to put organic waste in a special bag in their trash. Hoping this
21 will reach St. Anthony in a couple of years. Mayor Webster stated she began reading
22 Unstoppable Us. There is a community book club meeting on October 7. In the Star Tribune
23 there was an article about two residents who did well in the Crop Art Competition at the
24 Minnesota State Fair. She thanked Deputy Chief Maddie Jaros for providing training to St.
25 Charles and St. Anthony-New Brighton School District staff on first aid.
26
27 XI.COMMUNITY FORUM - NONE.
28
29 No one appeared to address the City Council.
30
31 XII.INFORMATION AND ANNOUNCEMENTS.
32
33 Councilmember Doolan noted the book Unstoppable Us for the Book Club, Citizens for
34 Sustainability has purchased extra copies and are available for anyone wishing to join the Book
35 Club.
36
37 Councilmember Jenson stated next Wednesday, he will be attending a Climate Action Work
38 Group that is part of the Ramsey County Local League of Governments.
39
40 XIII. ADJOURNMENT.
41
42 Motion by Councilmember Elnagdy, seconded by Councilmember Jenson to adjourn the meeting
43 at 8:00 p.m.
44
45 Motion carried 4-0.
46
9
City Council Regular Meeting Minutes
August 27, 2024
Page 6
1
2
3 Respectfully submitted,
4 Debbie Wolfe
5 TimeSaver Off Site Secretarial, Inc.
6
7 Mayor
8 ATTEST:
9 City Clerk
10
10
Saint Anthony Village
DATE: September 10, 2024 Approved:
TO: Mayor and Councilmembers
FROM: License Clerk
ITEM: License and Permits for Approval:
General Contractors License
Earth Wizards Inc, Minneapolis, MN
Mechanical Contractors License
Hero Home Services LLC, Bloomington, MN
Hoffman Refrigeration & Heating, Stillwater, MN
Northern Heating & Air Conditioning Inc., Ramsey, MN
Commercial Rental Licenses
Applicant:Level 10 Management (Caravelle Apartments)
Location:3713 – 3800 Foss Rd
11
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City of St Anthony Village CITY OF ST ANTHONY CHECK REGISTER Page: 1
Check Issue Dates: 8/30/2024 - 9/10/2024 Sep 05, 2024 12:06PM
Vendor Number Payee Check Issue Date Amount
11798 CENTRAL PENSION FUND LOCAL #49 08/30/2024 5,760.00
10710 MISSION SQUARE 08/30/2024 1,140.00
2048 4815 EXCELSIOR LLC 09/10/2024 2,380.00
1118 56 BREWING 09/10/2024 940.00
1122 AM CRAFTS SPIRITS 09/10/2024 52.69
1100 ARTISIAN BEER COMPANY 09/10/2024 13,047.85
12461 AXON ENTERPRISES INC 09/10/2024 1,104.00
1013 BELLBOY CORPORATION 09/10/2024 7,483.37
1014 BELLBOY CORPORATION 09/10/2024 343.75
12882 BLAINE CUSTOM APPAREL & AWARDS 09/10/2024 250.00
8544 BOURGET IMPORTS 09/10/2024 639.00
1018 BREAKTHRU BEVERAGE MINNESOTA BEER LLC 09/10/2024 39,285.32
1011 BREAKTHRU BEVERAGE MN WINE & SPIRITS LL 09/10/2024 8,644.74
1009 BREAKTHRU BEVERAGE MN WINE & SPIRITS LL 09/10/2024 1,153.25
2014 BROKEN CLOCK BREWING 09/10/2024 192.00
1017 CAPITOL BEVERAGE SALES 09/10/2024 26,245.96
13314 CARDIO PARTNERS 09/10/2024 345.31
10332 COMPTON'S COMMERCIAL CLNG. INC 09/10/2024 3,578.00
13303 CRAIG PETERSON'S CULINARY CUISINE 09/10/2024 950.00
1042 CRYSTAL SPRINGS ICE 09/10/2024 720.84
2049 Dangerous Man Brewing Co.09/10/2024 1,172.00
13372 DUSK SYSTEMS LLC 09/10/2024 737.52
2036 FALLING KNIFE BREWING CO 09/10/2024 728.66
10508 FERGUSON WATERWORKS 09/10/2024 3.39
10511 FINANCE AND COMMERCE 09/10/2024 261.75
10526 FLEETPRIDE 09/10/2024 163.65
12892 FORMS & SYSTEMS OF MINNESOTA 09/10/2024 201.81
11866 GALLS 09/10/2024 10.11
10573 GOODIN COMPANY 09/10/2024 359.59
1021 GREAT LAKES COCA COLA 09/10/2024 1,316.22
10624 HAWKINS INC 09/10/2024 8,056.84
2024 HEADFLYER BREWING 09/10/2024 604.00
1019 HOHENSTEIN'S INC 09/10/2024 16,130.17
2044 INSIGHT BREWING COMPANY 09/10/2024 2,817.00
12634 JAMAR TECHNOLOGIES INC 09/10/2024 3,449.00
1102 JOHNSON BROTHERS 09/10/2024 3,397.74
1004 JOHNSON BROTHERS LIQUOR COMPANY 09/10/2024 5,241.32
1005 JOHNSON BROTHERS LIQUOR COMPANY 09/10/2024 21,700.80
1006 JOHNSON BROTHERS LIQUOR COMPANY 09/10/2024 14,705.47
1044 JOHNSON BROTHERS LIQUOR COMPANY 09/10/2024 11,588.34
10785 KATH FUEL OIL SERVICE 09/10/2024 785.00
10797 KONICA MINOLTA BUSINESS 09/10/2024 400.00
2028 LADONA CERVECERIA 09/10/2024 182.00
2045 LIBATION PROJECT 09/10/2024 764.04
2010 LUPULIN BREWING 09/10/2024 691.58
1125 MAVERICK (NEGOCE)09/10/2024 294.96
12742 MCMA 09/10/2024 175.00
2029 MEGA BEER 09/10/2024 559.15
10916 MENARDS LUMBER 09/10/2024 15.34
13241 METRO INET 09/10/2024 145.00
10931 METROPOLITAN COUNCIL WASTEWATER 09/10/2024 68,558.63
10963 MINNEAPOLIS SAW COMPANY INC 09/10/2024 5.96
13400 MINNESOTA DEPARTMENT OF HEALTH 09/10/2024 80.00
13
City of St Anthony Village CITY OF ST ANTHONY CHECK REGISTER Page: 2
Check Issue Dates: 8/30/2024 - 9/10/2024 Sep 05, 2024 12:06PM
Vendor Number Payee Check Issue Date Amount
13162 MNSPECT LLC 09/10/2024 7,719.47
2006 MODIST BREWING COMPANY 09/10/2024 302.26
12058 MSSA 09/10/2024 100.00
13394 NORTH VALLEY INC 09/10/2024 792,966.73
2052 NOTHING BUT HEMP LLC 09/10/2024 841.00
2038 OLIPHANT BREWING 09/10/2024 470.00
12779 OPTION ONE MECHANICAL LLC 09/10/2024 347.00
13399 OUVERSON SEWER AND WATER 09/10/2024 7,000.00
11185 PACE ANALYTICAL SERVICES INC.09/10/2024 749.00
13396 PAINTERS GEAR INC.09/10/2024 1,588.35
1012 PAUSTIS & SONS 09/10/2024 3,940.00
1001 PHILLIPS WINE & SPIRITS 09/10/2024 3,741.09
1002 PHILLIPS WINE & SPIRITS 09/10/2024 7,437.61
12747 PRECISE MRM LLC 09/10/2024 69.00
2019 PRYES BREWING COMPANY 09/10/2024 1,320.75
1062 RED BULL DISTRIBUTION COMPANY 09/10/2024 180.70
2047 RUE 38 LLC 09/10/2024 116.50
2018 SMALL LOT WINES 09/10/2024 101.00
1024 SOUTHERN GLAZER'S OF MN 09/10/2024 2,942.89
1008 SOUTHERN GLAZER'S OF MN 09/10/2024 1,614.57
1026 SOUTHERN GLAZER'S OF MN 09/10/2024 15,065.26
1036 SOUTHERN GLAZER'S OF MN 09/10/2024 381.84
11441 SPIESS/JEFF 09/10/2024 45.76
11994 STERICYCLE INC 09/10/2024 49.49
11502 STREICHERS 09/10/2024 38.97
12026 SUBURBAN RATE AUTHORITY 09/10/2024 488.00
12920 SVAP III SILVER LAKE VILLAGE LLC 09/10/2024 5,268.80
11612 TWIN CITY JANITOR SUPPLY 09/10/2024 62.30
11674 VERIZON WIRELESS 09/10/2024 1,805.25
1025 VINOCOPIA 09/10/2024 1,341.00
10206 WHITE CAP LP 09/10/2024 46.12
1034 WINE COMPANY THE 09/10/2024 2,373.50
1038 WINE MERCHANTS INC 09/10/2024 5,924.40
1032 WINEBOW 09/10/2024 1,253.25
2022 WOODEN HILLS BREWERING 09/10/2024 459.90
11740 XCEL ENERGY 09/10/2024 22,187.30
Grand Totals: 1,169,897.18
14
CITY OF SAINT ANTHONY VILLAGE
STATE OF MINNESOTA
RESOLUTION 24-058
A RESOLUTION DESIGNATING COUNCILMEMBER ELNAGDY
AS A PARTICIPANT IN OUTSIDE ORGANIZATIONS FOR 2024
BE IT RESOLVED, by the City Council of the City of Saint Anthony Village hereby designates
Councilmember Elnagdy as a participant in the following outside organizations for 2024:
St. Anthony Community Services Advisory Board
St. Anthony Village Kiwanis
Adopted this 10th day of September, 2024.
______________________________________
Wendy Webster, Mayor
ATTEST:____________________________
Jennifer Doyle, City Clerk
Review for Administration: _____________________________________
Charlie Yunker, City Manager
15
THIS PAGE LEFT INTENTIONALLY BLANK
16
MEMORANDUM
To: City of Saint Anthony Village City Council
From: Deborah Maloney, Finance Director and Charlie Yunker, City Manager
Date: August 27, 2024 City Council Meeting
Request: 2025 Preliminary Levy & General Fund Budget
BACKGROUND
The 2025 budget and levy process began on June 11th when a revised Street Improvement Plan was presented
for the City Council’s consideration of 2025 improvements that included street reconstruction and mill and
overlay improvements. Staff also reviewed the extensive mill and overlay projects for 2024 and 2025 and the
resulting impact on the 2025 debt service levy. At the June 25th City Council work session, the City Council and
staff reviewed the updated Street Improvement schedule and its impact on the 2025 Debt Levy. The Debt Levy
provides funding for 2025 debt service payments for the Road Improvement debt, Lease Revenue debt (city
buildings) and the Tax Abatement debt (parks and sidewalks). The proposed 2025 Debt Levy is part of the
requested approval of the Preliminary Levy for 2025 at tonight’s City Council Meeting and Public Hearing.
At the July 9th work session, Staff provided the City Council with an early projection regarding the overall levy
and General Fund Budget incorporating known cost increases and inflationary assumptions. This included the
Housing Redevelopment Authority (HRA), Capital Equipment, Building, Parks and Infrastructure Improvement
Funds. Council affirmed the adjustments to the various capital levies that are consistent with the long‐term
capital plans and directed staff to incorporate the items discussed into the 2025 Budget and Levy, and expressed
the desire for a levy increase of no more than 5%. Staff continued to analyze actual costs with new information
provided by vendors, contractual service providers, and labor negotiation developments, which were presented
at the August 15th Council work session and an updated presentation at the August 27th Council Meeting.
Staff presented the draft 2025 budget and levy on August 27th projecting a 4.65% levy increase. Since that
meeting further negotiations have taken place with the city’s labor unions, and information from comparable
cities show that market adjustments are needed across all functions to remain competitive. Negotiations are still
on‐going, and as a result staff is proposing to set the Preliminary Levy at the number below, which represents a
6% increase over 2024. This will allow for flexibility to complete labor negotiations and would be the high
mark for the 2025 levy. Staff will present options to bring the levy increase at or below 5% for consideration
before the Truth in Taxation presentation on December 10, 2024.
The Levy proposed below reflects these work session discussions. The proposed 2025 overall levy is $9,742,239,
which represents an increase of $551,106 or a 6.00% increase compared to the 2024 overall levy.
2024 $ Change 2025 % Change
General Fund 5,938,338$ 458,606$ 6,396,944$ 7.72%
HRA Fund 209,414 209,414 0.00%
CIP Fund 368,200 60,000 428,200 16.30%
Combined Debt Service & Infrastructure Funds 2,562,181 ‐ 2,562,181 0.00%
Building Improvement Fund 98,000 17,500 115,500 17.86%
Park Improvement Fund 15,000 15,000 30,000 100.00%
Total 9,191,133$ 551,106$ 9,742,239$ 6.00%
17
Staff acknowledges Council’s request to keep the levy increase under 5% increase from 2024. And as stated, in
upcoming capital funds discussions options can be discussed for alternative measures to decrease the levy prior
to the final levy adoption in December. To provide context for the current environment, staff has initial levy
increase information from area cities, listed below. The average preliminary levy increase for the list of cities
below is 10.48%.
Roseville St. Paul
Shoreview Falcon Heights
North St. Paul New Brighton
White Bear Lake White Bear Township
Mounds View Vadnais Heights
Maplewood Lauderdale
Arden Hills
GENERAL FUND BUDGET AND LEVY
The standard parameters used for preparing the General Fund Budget and Levy include:
City revenues budgeted at current run rates for sources that are subject to trends and conservative
baseline estimates for re‐occurring aids and charges for services.
Expenses budgeted at amounts that will maintain present level of City services.
Liquor transfers to the General Fund based on liquor operating results from the previous 5‐7 years and
the long‐term needs of the fund.
THE GENERAL FUND BUDGET AND LEVY DETAILS
Each year the General Fund revenue and expenditure budget line items are examined for changes in expected
collections/charges, labor adjustments, changes in contract rates, insurance rates, utility costs, usage of various
materials or needs, etc. The findings of this examination produce the drivers associated with the proposed
6.00% increase in the Overall Levy. The chart below demonstrates what the cost drivers for general fund dollars
Administration
9%
Finance
4%
Police
50%
Fire
17%
Public
Works
10%
Parks
4%
All Other
6%
GENERAL FUND
EXPENDITURES
BY DEPARTMENT
Personnel Costs
71%
Contracted
Services
10%
Other
Insurance
Costs
5%
Pass
Through
Costs
3%
Remaining
Line Items
11%
GENERAL FUND
EXPENDITURES
BY CATEGORY
18
are and how they are allocated. It may be noted that when police and finance costs are netted with offsetting
contract revenues their portions are reduced to 44% and 3% respectively.
GENERAL FUND EXPENDITURES
PERSONNEL COSTS – 71% of expenditures, overall budgeted costs increased by 749,652 comprised of 11.46%
increase in Payroll & related expenses and 10.77% increase in health insurance costs.
The 2025 base wage increase is based on the anticipation of city’s unions accepting a 3% cola along with
appropriate market adjustments. The net cost impact on reoccurring wage base is $442,961. Other
factors creating the additional $233,766 of costs are as follows:
O The police department budget includes the full year impact of restoring the lieutenant
position and adding a VCET officer in 2024. These additions occurred mid‐year. The budget
impact is an increase of $152,860 in 2025.
O Similarly, the assistant fire chief position was added midyear in 2024, the impact of the full
year of the position in 2025 will be an increase of $68,828.
O Union negotiations are still ongoing, with high market demands driving up requests and
having a more significant impact on the levy than in previous years.
O Health insurance premium increase of 9.1 % is shared 50/50 by the city and the employees.
The 2025 impact of the shared increase is $72,925 (includes elected coverage changes from
2023 to 2024).
CONTRACTED SERVICES – 10% of expenditures, net decrease of ($60,980) mainly as a result of Hennepin County
Board of Commissioner’s decision to no longer charge cities for assessing services; this will be levied through the
county’s levy going forward.
Construction permits inspections budgeted at an increasing baseline activity has results in greater
expense of $5,394. This increase has no impact on the levy as the inspection fee is a percentage of
permit revenue received.
Assessor (decrease of $82,000), attorney – reduced budgeted contingency, auditor, engineer and
planner services reflect rates and activity in these accounts. The net result of these factors is cost
decrease of ($107,000)
Contracted information technology costs up $22,383.
Miscellaneous service contracts are estimated to increase by $18,940. This is driven by police and fire
increases in contracted costs, and remaining costs impacted by inflation.
OTHER INSURANCE COSTS – 5% of expenditures, overall costs up by $17,575.
The worker's compensation insurance experience rating improved by 11% in the 2024‐2025 renewal
period, combined with overall rate reductions of 15% resulted in a savings of 16.86% for the 2024/2025
policy renewal, resulting in a savings of $58,230 in workers’ compensation premiums for the policy year.
The budget year is a combination of half prior policy renewal rates and half current policy renewal rates,
resulting in a smaller overall increase when combined with the prior year increase of 17.2%
Liability, property and casualty premiums are projected increase by $24,469 in 2025. Main contributors
to this are a 16.35% increase in municipal liability, 32.56% increase in auto, and 19.5% increase in excess
liability premiums, the net increase is 13.64 %
PASS THROUGH COSTS – 3% of expenditures, costs up $59,254.
19
The substantial portion of the increase represents an estimated $72,000 increase in fire relief payments
made from state fire aid. This is offset by revenue of the same amount and is an accounting requirement
with no net levy impact. The transfer for rent from the community center returned to the 2023 amount,
a reduction of $15,000.
REMAINING BUDGET LINE ITEMS – 11% of overall expenditures or $1,083,574, costs are up $51,732.
Energy costs make up $4,377 of this increase.
Anticipated inflationary factors have been applied to many of the supplies, printing, and repair and
maintenance services pushing these costs up by $21,622.
Budgeted costs for communications, memberships and training, community inclusion and sustainability
initiatives and other miscellaneous items are up $25,733 compared to 2024.
GENERAL FUND REVENUES
• Liquor transfer to the General Fund will be $275,000 same as 2024.
• 2025 State funded Local Government Aid reflects increases by only $921.
• Police contracted services is estimated to increase by $68,688, a 7% increase.
• Excess Tax Increment collections are projected to increase by $100,000 in 2025.
The chart below demonstrates the percentage of revenue sources that fund the general fund:
Tax Levy,
64%
Licenses,
Permits, &
Fines, 4%
Intergov't
Revenue,
12%
Contracts,
13%
Miscellaneous,
2%
Transfers,
5%
GENERAL FUND
REVENUES
20
HRA BUDGET AND LEVY
The 2025 HRA Budget and Levy is proposed at the same amount as 2024, 0% Levy increase.
The 2025 Debt Related Levies and Street improvement Levies are proposed to increase by $0 over the 2024
combined debt levies. The 2025 Street project includes a Street and Utility reconstruction, a mill and overlay
plan for streets and alleys, and a possible repaving of Central Park trail and basketball court. The transitioning of
the debt levy to infrastructure levy began with 2024 Levy. The 2025 debt levy certified will be $1,479,020. This is
a decrease of $447,714 compared to the 2024 debt levy. This decrease in levy will allow the City to increase its
Infrastructure Levy by the same sum. The results in a combined flat levy impact for the street improvement
program for a sixth consecutive year.
CAPITAL FUNDS
The 2025 Capital Improvement Program (CIP) levy is proposed to increase by $60,000. The 2025 Building
Improvement levy is proposed to increase by $17,500, the Park Improvement levy us proposed to increase
$15,000. These levy increases are recommended for the health of the city’s long‐term capital improvement
plans. Council will review the Capital Improvement Plan in October.
21
Path to the 2025 Tax Levy
Cost of
Services:
$10,426,440
Police, Fire, Public Works,
Parks, Emergency Mgmt,
Finance, Administration,
HRA
City Revenues
Generated:
$3,820,082
Licenses and Permits
Intergovernmental Aids
Charges for Services,
Fines, Reimbursements
and Transfers
Gap:
$6,606,358
Levy Amount
$6,606,358
Buildings Maintenance &
Equipment Replacement:
$350,000 - $1,000,000*
City Buildings, Fleet, Snow
Plows, Fire Engines,
Equipment, Technology, Park
Shelters
City Revenues
Generated:
$265,500
Transfers, Equipment
Sales, Park Dedication
Fees, Grants, Fees
Gap:
$573,700*
Levy Amount
$573,700
Debt Service Obligations
& Street costs:
$3,257,030
Street and Utilities
Reconstruction, Parks
and City Facilities
Debt Levy Reduction
Program Resources:
$694,849
Municipal State Aid,
Excess Bond Funds,
Project Savings,
Stormwater Fees
Gap:
$2,562,181
Levy Amount
$2,562,181
Total Levy
Amount
$9,742,239
Cost of Services Less Operational Revenues Leaves a Funding Gap, which Equals Levy Need
Replacement Costs Less Generated Revenues Leaves Funding Gap, which Equals Levy Need
Debt Payments and Infrastructure Costs Less Debt Reduction Resources Leaves a Funding
Gap, Which Equals Levy Operating Funds Capital Improvement Debt/Infrastructure * Annual needs range from
$350,000 ‐ $1,000,000 based
on timing of replacement.
* Gap determined by
monitoring fund balance
annually to maintain 15‐
year replacement plan.
22
UPCOMING BUDGET MEETINGS
At the October 8, 2024 Council work session, Staff will present the proposed 2025 updates to the long‐term
capital budget plans and final levy options.
At the October 22, 2024 Council work session, Staff will present the proposed 2025 utility rate adjustments and
budgets
At the October 22, 2024 City Council meeting, Staff will present the 2025 long term capital budgets as revised.
Requested City Council action will be the approval of 2025 capital levies and long‐term plans.
The final presentation of the 2025 Budget and Property Tax Levy (Truth in Taxation) hearing is scheduled for
the December 10, 2024 Council Meeting. At the meeting, Staff will present a recap of the final 2025 Budget and
the 2025 Property Tax Levy’s impact on property tax bills.
RECOMMENDATION
Staff recommends setting the 2025 Preliminary Levy as presented, representing a 6% overall levy increase from
2024. This would be the possible high mark for the 2025 levy, and staff will present options to bring the levy
increase at or below 5% for consideration before the Truth in Taxation presentation on December 10, 2024.
23
9/6/2024
1
2025 PROPOSED BUDGET September 10, 2024
2025 BUDGET CALENDAR
January 17‐19, 2024: Goal Setting,
Financial Management and Planning
February 13, 2024: Public Hearing/Provide
Residents with an opportunity to have input
in the 2025 Budget process.
24
9/6/2024
2
2025 BUDGET CALENDAR
February –April 2024: City Council work sessions with City Manager, Finance Director
and City Engineer to discuss the 2025 Debt levy and Updated 2025 Street and Utility
improvements plan.
2025 BUDGET CALENDAR
April –May 2024: Staff Meetings with Department Heads – Discussion on
2025 Operating Budget and Capital Budgets ‐using City’s Budget Parameters:
•City revenues budgeted using current run rates for sources that are subject to
trends and conservative baseline estimates for re‐occurring aids and charges for
services
•Expenses budgeted at amounts that will maintain present level of City services
•Liquor transfers are based on operating results
June ‐August 2024: Further work sessions with Council – Discussing Staff
Proposals for 2025 Operating and Capital Budgets.
25
9/6/2024
3
2025 BUDGET CALENDAR
August 27, 2024: Presentation of the
Proposed 2025 Operating Budget &
Property Tax Levy to the City Council.
September 10, 2024: Resolution
passed: Setting the proposed 2025
Operating Budget and Property Tax Levy.
Announce the date and time at which the
final Budget and Tax Levy will be discussed.
2025 BUDGET PARAMETERS
•City revenues budgeted using current run rates for sources that are subject to
trends and conservative baseline estimates for reoccurring aids and charges for
services
•Expenses budgeted at amounts that will maintain present level of City services
•Liquor transfers are based on liquor operating results
26
9/6/2024
4
CHANGES SINCE AUGUST 27, 2024 MEETING PRESENTATION
•Labor negotiations have made it clear that market adjustments are needed
across all functions to remain competitive in attracting and retaining staff
•This is based on current wages and known future wage increases for comparable cities to
Saint Anthony Village
•This has resulted in a needed levy increase of over 5% based on the draft 2025
Budget and Levy
•Staff is recommending setting a preliminary levy increase of 6% to accommodate the market
wage pressure. This sets a high mark, with final adoption to take place in December.
•Staff will present options to lower the levy increase during the Capital Funds
discussions, which is the next step in the budget process
2025 BUDGET - COST DRIVERS
Initial Levy increase information from area cities, listed below indicates the
current environment. The average preliminary levy increase for the list of
cities below is a 10.48%increase from 2024 final levy
Roseville St. Paul
Shoreview Falcon Heights
North St. Paul New Brighton
White Bear Lake White Bear Township
Mounds View Vadnais Heights
Maplewood Lauderdale
Arden Hills
27
9/6/2024
5
PATH TO THE 2025 TAX LEVY
Cost of Services Less Operational Revenues Leaves a Funding Gap, Which Equals Levy Need
Cost of City Services:
$10,426,440
Police, Fire, Public
Works, Parks,
Emergency
Management, Finance
Administration and
HRAOperating FundsCity Revenues
Generated:
$3,820,082
Licenses and Permits
Intergovernmental
Aids, Charges for
Services, Fines,
Reimbursements and
Transfers
Gap:
$6,606,358
Levy Amount
$6,606,358
PATH TO THE 2025 TAX LEVY
Replacement Costs Less Generated Revenues Leaves a Funding Gap, Which Equals Levy Need
Capital Improvement* Annual needs range from
$350,000 ‐$1,000,000
based on timing of
replacement.
Buildings Maintenance &
Equipment Replacement:
$350,000 -
$1,000,000*
City Buildings, Fleet,
Snow Plows, Fire Engines,
Equipment, Technology,
Park Shelters
City Revenues
Generated:
$265,500
Transfers,
Equipment Sales,
Park Dedication
Fees, Grants, Fees
Gap:
$573,700*
Levy Amount
$573,700
* Gap determined by
monitoring fund
balance annually to
maintain a 15 year
replacement plan.
28
9/6/2024
6
PATH TO THE 2025 TAX LEVY
Debt Payments Less Debt Reduction Resources Leaves a Funding Gap, Which Equals Levy Need
Debt/Infrastructure LevyLevy Amount
$2,562,181
Gap:
$2,562,181
2024 Debt Service
Obligations & Street
cost funding:
$3,257,030
Street and Utilities
Reconstruction, Parks
and City Facilities
Debt Levy
Reduction Program
Resources:
$694,849
Municipal State
Aid, Excess Bond
Funds, Project
Savings,
Stormwater Fees Total Levy
Amount
$9,742,239
GENERAL FUND AND LEVY
2025 2024 Increase
General/HRA $6,606,358 $6,147,752 458,606
Debt Service and
Infrastructure Funds $2,562,181 $2,562,181 $0
Capital/Building/Parks
Improvements $573,700 $481,200 $92,500
Overall Levy $9,742,239 $9,191,133 $551,106
Total Percent Change 6.00%
29
9/6/2024
7
OVERALL LEVY BY FUND TYPE
General/HRA
67%
Debt Service and
Infrustructure Funds
27%
Capital/Building/Parks
Improvements
6%
2025 GENERAL FUND REVENUES
Tax Levy
64%
Licenses, Permits, & Fines
4%
Intergov't Revenue
12%
Contracts
13%
Miscellaneous
2%
Transfers
5%
30
9/6/2024
8
WHAT DOES THE GENERAL FUND LEVY SUPPORT?
•The following city services:
Administration
Police
Fire
Public Works
Finance
Parks
•In 2024 the average homeowner paid $1,693 for City services Home valued at $411,250
$141/month
2025 GENERAL FUND EXPENDITURES
Administration
9%Finance
4%
Police
50%
Fire
17%
Public Works
10%
Parks
4%
All Other
6%
31
9/6/2024
9
2025 BUDGET - COST DRIVERS
PERSONNEL COSTS – 71% of expenditures, overall budgeted costs increased
by 749,652
The 2025 base wage increase is based on the anticipation of city’s unions
accepting a 3% cola along with appropriate market adjustments. The net cost
impact on reoccurring wage base is $442,961. Other factors creating the
additional $233,766 of costs are as follows:
o The police department budget includes the full year impact of restoring the lieutenant position
and adding a VCET officer in 2024. These additions occurred mid‐year. The budget impact is an
increase of $152,860 in 2025.
o Similarly, the assistant fire chief position was added midyear in 2024, the impact of the full year
of the position in 2025 will be an increase of $68,828.
2025 BUDGET - COST DRIVERS
PERSONNEL COSTS – 71% of expenditures, overall budgeted costs increased
by 504,897 or 8.55% (continued)
Union negotiations are still ongoing, with high market demands driving up requests and
having a more significant impact on the levy than in previous years.
Health insurance premium increase of 9.1 % is shared 50/50 by the city and the
employees. The 2025 impact of the shared increase is $72,925 (includes elected coverage
changes from 2023 to 2024).
32
9/6/2024
10
2024 BUDGET - COST DRIVERS
CONTRACTED SERVICES – 10% of expenditures, net decrease of ($60,980) mainly as a
result of Hennepin County Board of Commissioner’s decision to no longer charge cities
for assessing services; this will be levied through the county’s levy going forward.
Construction permits inspections budgeted at an increasing baseline activity has
results in greater expense of $5,394. This increase has no impact on the levy as the
inspection fee is a percentage of permit revenue received.
Assessor (decrease of $82,000), attorney – reduced budgeted contingency, auditor,
engineer and planner services reflect rates and activity in these accounts. The net
result of these factors is cost decrease of ($107,000)
Contracted information technology costs up $22,383.
Miscellaneous service contracts are estimated to increase by $18,940. This is driven
by police and fire increases in contracted costs, and remaining costs impacted by
inflation.
2024 BUDGET - COST DRIVERS
OTHER INSURANCE COSTS –5% of expenditures, overall costs up by $17,575.
The worker's compensation insurance experience rating improved by 11% in the 2024‐2025
renewal period, combined with overall rate reductions of 15% resulted in a savings of
16.86% for the 2024/2025 policy renewal, resulting in a savings of $58,230 in workers’
compensation premiums for the policy year. The budget year is a combination of half prior
renewal period rates and half current renewal period rates, resulting in a small overall
increase when combined with the prior year increase of 17.2%
Liability, property and casualty premiums are projected increase by $24,469 in 2025. Main
contributors to this are a 16.35% increase in municipal liability, 32.56% increase in auto, and
19.5% increase in excess liability premiums, the net increase is 13.64 %
33
9/6/2024
11
2024 BUDGET - COST DRIVERS
PASS THROUGH COSTS –3% of expenditures, costs up $59,254.
The substantial portion of the increase represents an estimated $72,000 increase
in fire relief payments made from state fire aid. This is offset by revenue of the
same amount and is an accounting requirement with no net levy impact. The
transfer for rent from the community center returned to the 2023 amount, a
reduction of $15,000.
REMAINING BUDGET LINE ITEMS – 11% of overall expenditures or $1,083,574, costs
are up $51,732.
Energy costs make up $4,377 of this increase.
Anticipated inflationary factors have been applied to many of the supplies,
printing, and repair and maintenance services pushing these costs up by $21,622.
Budgeted costs for communications, memberships and training, community
inclusion and sustainability initiatives and other miscellaneous items are up
$25,733 compared to 2024.
2024 BUDGET - OTHER FACTORS
•Liquor transfer to the General Fund will be $275,000 same as 2024.
•2025 State funded Local Government Aid reflects increases by only $921.
•Police contracted services is estimated to increase by $68,688, a 7% increase.
•Excess Tax Increment collections are projected to increase by $100,000 in
2025.
34
9/6/2024
12
2025 PROPOSED LEVIES
2024 Actual 2025 Proposed
$ Increase
($ Decrease) % Change
General Fund $5,479,630 $6,396,944 $458,606
HRA Fund $209,414 $209,414 $0
Debt Service Funds $1,926,734 $1,458,695 ($468,039)
Capital Improvement $368,200 $428,200 $60,000
Building Improvement $98,000 $115,500 $17,500
Infrastructure Improvement $635,447 $1,103,486 $468,039
Park Improvement $15,000 $30,000 $15,000
Total Change $9,191,133 $9,742,239 $551,106 6.00%
SUMMARY OF 2025 BUDGET
•General Fund operating budget totals $10,217,026 supported by a property tax levy of
$6,396,944
•Personnel costs represent 71% of General Fund expenditures:
•Personnel costs up $676,727.18 or 11.46%
•Wages and benefits for $442,961 COLA and market adjustments
•The full year impact of 2024 new positions implemented mid‐year is $233,766
•Health insurance costs up $72,925
•Other Insurance expenditures up $17,575
•Contracted services down $28,982
•Capital Funds levies increased by $92,500
•Increase in all levies totals $551,106 or 6.00%
35
9/6/2024
13
GRANTS/DONATIONS – PARTNERSHIPS
•Since 1999 to date:
City has been awarded $35,070,091
Grants
Donations from local businesses/residents
$3,778 per resident (Based on population of 9,234)
•Partnerships:
City of Birchwood Village
NEXT STEPS
At this September 10, 2024 City Council meeting, Staff will present the preliminary 2025 Budget and
Property Tax Levy to the City Council for approval. At this meeting a resolution will need to be passed
certifying the preliminary levy to Hennepin and Ramsey Counties.
At the October 8, 2024 Council work session, Staff will present the proposed 2025 updates to the long‐term
capital budget plans.
At the October 22, 2024 Council work session, Staff will present the proposed 2025 utility rate adjustments
and budgets
At the October 22, 2024 City Council meeting, Staff will present the 2025 long term capital budgets as
revised. Requested City Council action will be the approval of 2025 capital levies and long‐term plans.
The final presentation of the 2025 Budget and Property Tax Levy (Truth in Taxation) hearing is scheduled
for the December 10, 2024 Council Meeting. At the meeting, Staff will present a recap of the final 2025
Budget and the 2025 Property Tax Levy’s impact on property tax bills.
36
9/6/2024
14
QUESTIONS?Call Finance Director:
Deborah Maloney
612‐782‐3316
37
NOTICE OF A PUBLIC HEARING
September 10, 2024, 7:00 p.m.
City Hall, 3301 Silver Lake Road, St. Anthony, MN 55418
Notice is hereby given that the City of Saint Anthony Village City Council will hold a public hearing
regarding the 2025 Operations Budget and Preliminary Levy Certification.
The City Council agenda and packet item relating to this application will be made available prior to the
meeting online at www.savmn.com.
Ways to Comment:
In Person
The public is welcome to attend in person at the City of Saint Anthony Community Center, 3301 Silver
Lake Road, in the Council Chambers at 7:00 p.m.
Written
Written comments may be taken at the St. Anthony Village City Hall, 3301 Silver Lake Road, St. Anthony
Village, Minnesota 55418 until the date of the public hearing.
Comments can also be conveyed via email, to deborah.maloney@savmn.com until the date of the public
hearing.
Questions?
Questions may be directed to the Finance Director at 612-782-3316.
Deborah Maloney
Finance Director
38
CITY OF ST. ANTHONY VILLAGE
STATE OF MINNESOTA
RESOLUTION 24-059
A RESOLUTION SETTING THE PRELIMINARY 2025
TAX LEVY AND GENERAL OPERATING BUDGET FOR THE CITY OF ST. ANTHONY
VILLAGE
WHEREAS, Minnesota State Law requires that the City of St. Anthony Village provide Hennepin and
Ramsey Counties with a final 2025 certified property tax levy and operating budget; and
WHEREAS, the City Council held a work session on June 25th reviewing the infrastructure improvement
schedule and 2025 Debt Levy requirements; and met at July 9thth and August 15th work
sessions to review the initial 2025 Budget and Property Tax Levy estimates.
WHEREAS, the City Council further reviewed the proposed 2025 property tax levy and general
operation budget at the August 27, 2024, City Council meetings; and
WHEREAS, the scheduled debt levy for Series 2015A (9411) in the amount of 183,886.06 is cancelled
and will be levied at a reduced amount of 163,885.91 and there are sufficient funds on hand
to cover the debt service payment; and
WHEREAS, the scheduled debt levy for Series 2016A (9413) in the amount of 106,568.46 is cancelled
and will be levied at a reduced amount of 86,568.00 and there are sufficient funds on hand
to cover the debt service payment; and
WHEREAS, the scheduled debt levy for Series 2016B (9414) in the amount of 96,390.00 is cancelled
and will be levied at a reduced amount of 0.00 and there are sufficient funds on hand to
cover the debt service payment; and
WHEREAS, the scheduled debt levy for Series 2017A (9415A) in the amount of 72,345.00 is cancelled
and will be levied at a reduced amount of 0.00 and there are sufficient funds on hand to
cover the debt service payment; and
WHEREAS, the scheduled debt levy for Series 2017A (9415C) in the amount of 189,575.15 is cancelled
and will be levied at a reduced amount of 174,575.00 and there are sufficient funds on hand
to cover the debt service payment; and
WHEREAS, the scheduled debt levy for Series 2018A (9416) in the amount of 178,737.45 is cancelled
and will be levied at a reduced amount of 148,737.00 and there are sufficient funds on hand
to cover the debt service payment; and
WHEREAS, the scheduled debt levy for Series 2019A (9417C) in the amount of 126,544.00 is cancelled
and will be levied at a reduced amount of 116,544.00 and there are sufficient funds on hand
to cover the debt service payment; and
WHEREAS, the scheduled debt levy for Series 2020A (9419A) in the amount of 232,855.85 is cancelled
and will be levied at a reduced amount of 107,855.00 and there are sufficient funds on hand
to cover the debt service payment; and
WHEREAS, the scheduled debt levy for Series 2021A (9420A) in the amount of 153,823.41 is cancelled
and will be levied at a reduced amount of 53,823.00 and there are sufficient funds on hand
to cover the debt service payment; and
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WHEREAS, the scheduled debt levy for Series 2021A (9420B) in the amount of 112,157.42 is cancelled
and will be levied at a reduced amount of 99,657.00 and there are sufficient funds on hand
to cover the debt service payment; and
WHEREAS, the scheduled debt levy for Series 2022A (9421) in the amount of 191,364.97 is cancelled
and will be levied at a reduced amount of 1,364.00 and there are sufficient funds on hand to
cover the debt service payment; and
WHEREAS, the preliminary tax levy and budget is contingent upon any revisions allowed if the current
law is modified; and
WHEREAS, the City Council will determine a final property tax levy and budget at the
Tuesday, December 10, 2024, public hearing held at 7:00 p.m. in the Council Chambers.
NOW, THEREFORE, BE IT RESOLVED that:
1)The Preliminary 2024 Property Tax Levy is:
General Operating Levy $6,396,944
Capital Improvement Project Levy $ 428,200
Debt Service Levy $1,458,695
Housing and Redevelopment Authority Levy $ 209,414
Building Improvement Levy $ 115,500
Infrastructure Levy $ 1,103,486
Park Improvement Levy $ 30,000
$9,742,239
2)The preliminary 2025 General Fund Operating Budget totals $10,217,026
Adopted this 10th day of September, 2024.
_________________________________
Wendy Webster, Mayor
ATTEST: _________________________
Jennifer Doyle, City Clerk
Reviewed for administration: _________________________________
Charlie Yunker, City Manager
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MEMORANDUM
To:Mayor Webster and St. Anthony Village City Council
From:Stephen Grittman, City Planner
Date:City Council Meeting – September 10, 2024
GC Project No.140.00
Request:Cannabis – Zoning Ordinance Amendments
Property Address: NA
Property PID:NA
PROJECT DESCRIPTION
As has been discussed, the State of Minnesota has passed legislation during the 2023 legislative
session legalizing various aspects of cannabis use, sales, agriculture, and manufacturing. This
legislation follows 2022 legalization of certain low-potency hemp-based THC products. The City
of St. Anthony subsequently adopted regulations for hemp-THC products.
In August of 2023, the City adopted a moratorium on cannabis-related businesses (as
authorized by the legislation), in anticipation of the State’s establishment of agency and rule-
making activities. The State has created the Office of Cannabis Management (OCM) to carry
out the requirements of the legislation, with an originally-anticipated start date of January,
2025. While that date may shift some, the City is seeking to update its zoning regulations to
comply with the local land use impacts of the legislation.
OCM has now developed a model ordinance for local government use and fine-tuning. Staff has
updated the model ordinance to fit St. Anthony’s formatting and policy choices (Exhibit A).
These retain the prohibition on use in public places, and a separation buffer from specific land
uses (1,000 feet for schools, 500 feet for parks regularly used by minors, and 300 feet for child
care facilities and substance-abuse treatment facilities.
COUNCIL ACTION
The draft ordinance regulating cannabis business is attached for review and consideration as a
first reading. As noted below, the Planning Commission recommended approval, with
discussion of the specific sections and notes below, staff requests approval of the first reading
of this ordinance.
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September 10, 2024
Page 2
PROPOSED ORDINANCE
The ordinance has a few areas of local choice, but generally, the State will handle all licensing,
with local governments reviewing the suitability of a location per its zoning district and building
code compliance. Sections (A) through (G) in the attached draft ordinance are largely
administrative function or process requirements. There are a few areas of additional
consideration, including the following:
1.Number of licensed retail establishments. The state requires that all jurisdictions allow
at least one license for every 12,500 residents – the second license kicking in at a
population of 12,501. This draft ordinance anticipates the City limiting its licensees to
the one required, although the City can choose to allow more if it wishes to do so. This
limitation is found in Section (K) in the attached version.
2.Location Change. In Section (H), the City can choose to require a licensed retailer to
restart the full registration application process, or allow a new location simply by
notification from OCM. The Planning Commission’s discussion was mixed, landing with
a recommendation of the notification option only, rather than the more extensive re-
registration. The Commission’s consensus was “Option b” (highlighted in yellow).
3.Mixed Industrial/Retail Operations. The statute creates a class of retail licensees
identified as “Microbusinesses” and “Mezzobusinesses”. These are essentially industrial
operations (growers, processors, etc.) distinguished from each other by size of
operation. However, they are distinguished from other industrial operations in that
they are permitted to obtain a “Retail Endorsement”, permitting them to both process
cannabis products and sell products at retail. The comparable use would be a brewer-
taproom in which the brewer is producing alcoholic beverages and operating an on-site
drinking establishment.
Any retailers (including these) are subject to the buffer requirements in Note 1. above.
However, this draft is written to exclude retail operations from the City’s industrial areas
– such that any micro- or mezzo-business would not be permitted to offer on-sale
products at locations in the industrial districts. This language is included in Section
(M)(1) and (2). If on-site consumption similar to a taproom is preferred, this section
would require revision.
4.Hours of Operation. As a general rule, it is expected that a retail cannabis facility will
maintain typical retail hours. The state legislation allows the City to set more restrictive
hours; however, staff is not recommending this level of regulation. The legislation
establishes maximum retailing hours requiring closure of any retail operation between
2:00am and 8:00am, Monday through Saturday, and 2:00am and 10:00am on Sundays.
The legislation permits the City to limit hours to 10:00am and 9:00pm.
The Planning Commission discussed this aspect of the code, and also recommended no
additional limits on hours of operation. Since the zoning ordinance sites a retail facility
in a standard commercial retail district, it is expected that standard commercial hours
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September 10, 2024
Page 3
will be followed. The Council has the ability to update this issue if it is found that
specific concerns arise related to hours of operation. The relevant section, if the Council
decides to do so, is found in Section (N) of the attached draft ordinance.
5.Odor. There is language in the statute that references an ability to regulate uses based
on odor, however, it is not clear at all how this would be accomplished or enforced. The
City’s adopted prohibition of smoking in public places is intended to address the primary
objection to odor, which is expected to be smoke. Whereas some industries can create
odor emissions, there are PCA limitations on particulate matter and other emissions
which could also apply.
Staff has researched odor regulations with state and nearby municipalities, and have not
found substantive regulations in this regard. While there appears to be some future
research in this area, Staff is not currently recommending any additional odor-related
regulation due to difficulties with enforcement. The typical regulation would be
nuisance violations if odor became a tangible issue.
6.Low Potency Hemp Products. The City is authorized to further limit the low-potency
hemp sales currently allowed by law. St. Anthony has adopted a regulation that limits
sales of edibles to those businesses that maintain a tobacco sales license. While the
OCM will take over licensing of Hemp-infused products, the City will retain the ability to
manage sales based on land use.
As formulated in the attached draft, staff has recommended that hemp-infused
products may be sold only by those establishments that have tobacco sales licenses in
the case of off-sale products (such as edible gummies or infused beverages); or by those
establishments that have on-sale liquor licenses, in the case of on-site consumption –
particularly for infused beverages. The law does not permit the mixing of Hemp/THC
infusion with alcoholic beverages.
The Low Potency Hemp language is included in the attached draft in Section (Q).
7.Temporary Cannabis Events. The legislation created a requirement that Cities permit
temporary “Cannabis Events”. These events are limited to up to four days, and the City
can limit location of these events. The City can further limit these events to display of
products or other goods, or it may authorize retail sales. The draft ordinance language
proposes that if retail sales are proposed, the event site must meet the buffer
requirements that other retailers must meet (1,000 from schools, 500 feet from parks,
300 feet from day cares and treatment facilities) (Section (P)(1)(d)).
The current draft is also written to prohibit consumption of cannabis products on the
premises of the event. This language is found in Section (P)(2). The City has the
authority to authorize or prohibit consumption at events. Currently, the City’s
ordinance prohibits smoking on public property. However, an event on private property
could include consumption/smoking if left unaddressed. This aspect of the Temporary
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September 10, 2024
Page 4
Event section should be reviewed. If in indoor places, the Minnesota Clean Indoor Air
Act would continue to apply.
Two other aspects of Temporary Events are optional for the City. The City may restrict
events to specific locations (Section (P)(5)), and/or restrict events to specific hours
(Section (P)(6)). These items are highlighted for addition Council direction.
Apart from these issues, the draft has been written to apply the City’s other Temporary
Event requirements for permitting, and use of temporary shelters and sanitation.
8.Other. There are a few administrative options for the City to consider, including how to
“register” licensed establishments, enforcing compliance required by the law, and
addressing licensee reapplication, among a few others. These aspects of the ordinance
address clerical aspects of City operation rather than land use decision-making.
STAFF AND PLANNING COMMISSION RECOMMENDATION
The Planning Commission voted to pass the draft on to the City Council for its action. The
ordinance will typically be heard over three readings. Staff will be reviewing additional cross-
section references to ensure that other portions of the City Code are fully updated consistent
with the draft ordinance once adopted.
The cannabis topic is complex and has many facets that impact local government. Prior
decisions on cannabis regulation are incorporated into this comprehensive ordinance, now that
the State has created the model ordinance for local guidance. Municipal sales, law
enforcement, and other administrative or General Code aspects of the law are left to separate
consideration by City Council.
ATTACHMENTS
Exhibit A:Draft Ordinance Amendment
Exhibit B:Minn. Statutes Chapter 342.13 (Local Control)
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Draft Cannabis Land Use Ordinance (MN State OCM Model)
AN ORDINANCE OF THE CITY OF ST. ANTHONY, AMENDING SECTION 154.188
OF THE CITY CODE REGULATING CANNABIS BUSINESSES
THE CITY COUNCIL OF THE CITY OF ST. ANTHONY HEREBY ORDAINS:
Section 1. Section 154.188 is hereby amended to read as follows:
Section 154.188. Cannabis Businesses and Zoning
(A) Findings and Purpose
(1) The City of St. Anthony (hereinafter “City”) makes the following legislative
findings: The purpose of this ordinance is to implement the provisions of
Minnesota Statutes, chapter 342, which authorizes the City to protect the public
health, safety, welfare of City residents by regulating cannabis businesses within
the legal boundaries of City.
The City finds and concludes that the proposed provisions are appropriate and
lawful land use regulations for City, that the proposed amendments will promote
the community's interest in reasonable stability in zoning for now and in the
future, and that the proposed provisions are in the public interest and for the
public good.
(B) Authority & Jurisdiction
(1) The City has the authority to adopt this ordinance pursuant to:
(a) Minn. Stat. 342.13(c), regarding the authority of a local unit of
government to adopt reasonable restrictions of the time, place, and manner
of the operation of a cannabis business provided that such restrictions do
not prohibit the establishment or operation of cannabis businesses.
(b) Minn. Stat. 342.22, regarding the local registration and enforcement
requirements of state-licensed cannabis retail businesses and lower-
potency hemp edible retail businesses.
(c) Minn. Stat. 152.0263, Subd. 5, regarding the use of cannabis in public
places.
(d) Minn. Stat. 462.357, regarding the authority of a local authority to
adopt zoning ordinances.
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This Ordinance shall be applicable to the legal boundaries of the City of
St. Anthony, in both Hennepin and Ramsey Counties, and shall count total
licensed facilities as if the City were in one county.
(C) Severability
If any section, clause, provision, or portion of this ordinance is adjudged
unconstitutional or invalid by a court of competent jurisdiction, the remainder of
this ordinance shall not be affected thereby.
(D) Enforcement
The City Manager or designee is responsible for the administration and
enforcement of this ordinance. Any violation of the provisions of this ordinance or
failure to comply with any of its requirements constitutes a misdemeanor and is
punishable as defined by law. Violations of this ordinance can occur regardless of
whether or not a permit is required for a regulated activity listed in this ordinance.
(E) Definitions
(1) Unless otherwise noted in this section, words and phrases contained in Minn.
Stat. 342.01 and the rules promulgated pursuant to any of these acts, shall have
the same meanings in this ordinance.
(2) Cannabis Cultivation: A cannabis business licensed to grow cannabis plants
within the approved amount of space from seed or immature plant to mature plant.
Harvest cannabis flower from mature plant, package and label immature plants
and seedlings and cannabis flower for sale to other cannabis businesses, transport
cannabis flower to a cannabis manufacturer located on the same premises, and
perform other actions approved by the office.
(3) Cannabis Retail Businesses: A retail location and the retail location(s) of a
mezzobusiness with a retail operations endorsement, microbusiness with a retail
operations endorsement, medical combination businesses operating a retail
location, (and/excluding) lower-potency hemp edible retailers.
(4) Cannabis Retailer: Any person, partnership, firm, corporation, or association,
foreign or domestic, selling cannabis product to a consumer and not for the
purpose of resale in any form.
(5) Daycare: A location licensed with the Minnesota Department of Human
Services to provide the care of a child in a residence outside the child's own home
for gain or otherwise, on a regular basis, for any part of a 24-hour day.
(6) Lower-potency Hemp Edible: As defined under Minn. Stat. 342.01 subd. 50.
(7) Office of Cannabis Management: Minnesota Office of Cannabis Management,
referred to as “OCM” in this ordinance.
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(8) Place of Public Accommodation: A business, accommodation, refreshment,
entertainment, recreation, or transportation facility of any kind, whether licensed
or not, whose goods, services, facilities, privileges, advantages or
accommodations are extended, offered, sold, or otherwise made available to the
public.
(9) Preliminary License Approval: OCM pre-approval for a cannabis business
license for applicants who qualify under Minn. Stat. 342.17.
(10) Public Place: A public park or trail, public street or sidewalk; any enclosed,
indoor area used by the general public, including, but not limited to, restaurants;
bars; any other food or liquor establishment; hospitals; nursing homes;
auditoriums; arenas; gyms; meeting rooms; common areas of rental apartment
buildings, and other places of public accommodation.
(11) Residential Treatment Facility: As defined under Minn. Stat. 245.462 subd.
23.
(12) Retail Registration: An approved registration issued by the City to a state-
licensed cannabis retail business.
(13) School: A public school as defined under Minn. Stat. 120A.05 or a nonpublic
school that must meet the reporting requirements under Minn. Stat. 120A.24.
(14) State License: An approved license issued by the State of Minnesota’s Office
of Cannabis Management to a cannabis retail business.
(F) Registration of Cannabis Businesses
(1) Consent to registering of Cannabis Businesses
No individual or entity may operate a state-licensed cannabis retail business
within the City of St. Anthony without first registering with City. Any state-
licensed cannabis retail business that sells to a customer or patient without valid
retail registration shall incur a civil penalty of (up to $2,000) for each violation.
(2) Compliance Checks Prior to Retail Registration
Prior to issuance of a cannabis retail business registration, the City shall conduct a
preliminary compliance check to ensure compliance with local ordinances.
Pursuant to Minn. Stat. 342, within 30 days of receiving a copy of a state license
application from OCM, the City shall certify on a form provided by OCM
whether a proposed cannabis retail business complies with local zoning
ordinances and, if applicable, whether the proposed business complies with the
state fire code and building code.
(3) Registration & Application Procedure
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(a) Fees. The City shall not charge an application fee. A registration fee,
as established in City’s fee schedule, shall be charged to applicants
depending on the type of retail business license applied for. An initial
retail registration fee shall not exceed $500 or half the amount of an initial
state license fee under Minn. Stat. 342.11, whichever is less. The initial
registration fee shall include the initial retail registration fee and the first
annual renewal fee. Any renewal retail registration fee imposed by City
shall be charged at the time of the second renewal and each subsequent
renewal thereafter. A renewal retail registration fee shall not exceed
$1,000 or half the amount of a renewal state license fee under Minn. Stat.
342.11, whichever is less. A medical combination business operating an
adult-use retail location may only be charged a single registration fee, not
to exceed the lesser of a single retail registration fee, defined under this
section, of the adult-use retail business.
(b) Application Submittal. The City shall issue a retail registration to a
state-licensed cannabis retail business that adheres to the requirements of
Minn. Stat. 342.22.
(c) An applicant for a retail registration shall fill out an application form,
as provided by the City. Said form shall include, but is not limited to:
1. Full name of the property owner and applicant;
2. Address, email address, and telephone number of the applicant;
3. The address and parcel ID for the property which the retail
registration is sought;
4. Certification that the applicant complies with the requirements
of local ordinances established pursuant to Minn. Stat. 342.13.
5. (Insert additional standards here)
(d) The applicant shall include with the form:
1. The application fee as required in the City’s Fee Schedule.
2. A copy of a valid state license or written notice of OCM license
preapproval.
3. Other information requested by the City Manager determined to
be necessary for City registration.
(e) Once an application is considered complete, the (insert local
government designee) shall inform the applicant as such, process the
application fees, and forward the application to the (insert
staff/department, or elected body that will approve or deny the request) for
approval or denial.
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(f) The application fee shall be non-refundable once processed.
(4) Application Approval
(a) A state-licensed cannabis retail business application shall not be
approved if the cannabis retail business would exceed the maximum
number of registered cannabis retail businesses permitted under Section
154.188 (K).
(b) A state-licensed cannabis retail business application shall not be
approved or renewed if the applicant is unable to meet the requirements of
this ordinance.
(c) A state-licensed cannabis retail business application that meets the
requirements of this ordinance shall be approved.
(G) Annual Compliance Checks.
The City shall complete at minimum one compliance check per calendar year of
every cannabis business to assess if the business meets age verification
requirements, as required under [Minn. Stat. 342.22 Subd. 4(b) and Minn. Stat.
342.24] and this/these [chapter/section/ordinances]. The City shall conduct at
minimum one unannounced age verification compliance check at least once per
calendar year. Age verification compliance checks shall involve persons at least
17 years of age but under the age of 21 who, with the prior written consent of a
parent or guardian if the person is under the age of 18, attempt to purchase adult-
use cannabis flower, adult-use cannabis products, lower-potency hemp edibles, or
hemp-derived consumer products under the direct supervision of a law
enforcement officer or an employee of the local unit of government.
Any failures under this section must be reported to the Office of Cannabis
Management.
(H) Location Change
(a) A state-licensed cannabis retail business shall be required to submit a new
application for registration under Section 154.188 (F) if it seeks to move to a new
location still within the legal boundaries of City.
-or -
(b) If a state-licensed cannabis retail business seeks to move to a new location
still within the legal boundaries of City, it shall notify City of the proposed
location change, and submit necessary information to meet all the criteria in this
paragraph.
(I) Renewal of Registration
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The City shall renew an annual registration of a state-licensed cannabis retail
business at the same time OCM renews the cannabis retail business’ license. A
state-licensed cannabis retail business shall apply to renew registration on a form
established by City. A cannabis retail registration issued under this ordinance shall
not be transferred.
(1) Renewal Fees.
The City may charge a renewal fee for the registration starting at the second
renewal, as established in City’s fee schedule.
(3) Renewal Application.
The application for renewal of a retail registration shall include, but is not limited
to:
• Items required under Section 154.188 (F) of this Ordinance
(J) Suspension of Registration
(1) When Suspension is Warranted. The City may suspend a cannabis retail
business’s registration if it violates the ordinance of City or poses an immediate
threat to the health or safety of the public. The City shall immediately notify the
cannabis retail business in writing the grounds for the suspension.
(2) Notification to OCM. The City shall immediately notify the OCM in writing
the grounds for the suspension. OCM will provide City and cannabis business
retailer a response to the complaint within seven calendar days and perform any
necessary inspections within 30 calendar days.
(3) Length of Suspension. The suspension of a cannabis retail business
registration may be for up to 30 calendar days, unless OCM suspends the license
for a longer period. The business may not make sales to customers if their
registration is suspended. The City may reinstate a registration if it determines
that the violations have been resolved. The City shall reinstate a registration if
OCM determines that the violation(s) have been resolved.
(4) Civil Penalties. Subject to Minn. Stat. 342.22, subd. 5(e) the City may impose
a civil penalty, as specified in the City’s Fee Schedule, for registration violations,
not to exceed $2,000.
(K) Limiting of Registrations. The City shall limit the number of cannabis retail
businesses to no fewer than one registration for every 12,500 residents within the City’s
boundaries. The City shall limit the number of cannabis retail businesses to one(1).
(L) Requirements for Cannabis Businesses
(1) Minimum Buffer Requirements. The City shall prohibit the operation of a
retail cannabis business within the following buffer distances, measured from the
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primary public entrance of the cannabis business to the primary entrance of the
use identified herein:
(a) 1,000 feet of a school.
(b) 300 feet of a day care.
(c) 300 feet of a residential treatment facility.
(d) 500 feet of an attraction within a public park that is regularly used by
minors, including a playground or athletic field.
Pursuant to Minn. Stat. 462.367 subd. 14, nothing in Section 3.1 shall prohibit an
active cannabis business or a cannabis business seeking registration from
continuing operation at the same site if any school, daycare, residential treatment
facility, or attraction within a public park that is regularly used by minors moves
within the minimum buffer zone.
(M) Zoning and Land Use
(1) Cannabis businesses licensed or endorsed for Cultivation, Hemp
Manufacture, Hemp or Cannabis Wholesale, Cannabis Transportation, Cannabis
Delivery, Cannabis Mezzobusiness, or Cannabis Microbusiness, are permitted in
the Light Industrial District, and subject to all other regulations of the City Code
and as required by Section 154.140 through Section 154.144. Such uses shall not
be permitted any retail activity or endorsements to qualify as permitted uses in the
L-I, Light Industrial District.
(2) Cannabis businesses licensed for cannabis retail are a permitted use in the C-
Commercial District, and subject to all other regulations of the City Code and as
required by Section 154.120 through Section 125.
(N) Hours of Operation
[A jurisdiction may adopt an ordinance limiting hours of operation between 10 a.m. and 9
p.m., seven days a week, and that State statute prohibits the sale of cannabis between 2
a.m. and 8 a.m., Monday through Saturday, and between 2 a.m. and 10 a.m. on Sundays.]
[The Planning Commission declined to recommend hours of operation limitations
beyond those prescribed by the Statute]
(O) Advertising. Cannabis businesses are permitted to erect signage as allowed by the
City’s sign regulations in Chapter 157 of the City Code.
(P) Temporary Cannabis Events. Any individual or business seeking to obtain a cannabis
event license must provide OCM information about the time, location, layout, number of
business participants, and hours of operation. No cannabis event shall last for more than
four (4) days. A cannabis event organizer must receive City approval, including obtaining
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any necessary permits or licenses issued by a local unit of government before holding a
cannabis event.
(1) License or Permit Required for Temporary Cannabis Events
(a) License Required. A cannabis event organizer license entitles the
license holder to organize a temporary cannabis event lasting no more than
four days. In addition to the requirements of this section, the applicant
shall follow and be subject to the applicable requirements of Section
154.190, Temporary Structures and Uses.
(b) Registration & Application Procedure. A registration fee, as
established in City’s fee schedule, shall be charged to applicants for
Temporary Cannabis Events.
(c) Application Submittal & Review. The City shall require an application
for Temporary Cannabis Events.
(d) An applicant for a temporary cannabis event registration shall fill out
an application form, as provided by the City. Said form shall include, but
is not limited to:
1. Full name of the property owner and applicant;
2. Address, email address, and telephone number of the applicant;
3. Written authorization of the owner(s) of the premise(s) on which
the temporary cannabis event is to be held.
4. Whether the exhibitors or attendees at the event will sell
cannabis products at the event.
5. Evidence of compliance with the requirements of the City’s
buffer distances in Section 154.188 (L)(1) if retail sales of
cannabis products will be permitted.
6. A sketch plan of the premises on which the temporary event will
be held, including facilities such as shelters, canopies, restroom
facilities, parking, and other related support facilities.
(e) The applicant shall include with the form:
1. The application fee as required in Section 154.188 (P)(1)(b);
2. A copy of the OCM cannabis event license application,
submitted pursuant to 342.39 subd. 2. The application shall be
submitted to the City of St. Anthony, or other designee for review.
If the designee determines that a submitted application is
incomplete, they shall return the application to the applicant with
the notice of deficiencies.
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(f) Once an application is considered complete, the designee shall inform
the applicant as such, process the application fees, and forward the
application to the (insert staff/department, or elected body that will
approve or deny the request) for approval or denial.
(g) The application fee shall be non-refundable once processed.
(h) The application for a license for a Temporary Cannabis Event shall
meet the following standards:
(2) No temporary cannabis event shall permit use or consumption of any
cannabis product on the premises of the event.
(3) A request for a Temporary Cannabis Event that meets the requirements of this
Section shall be approved in accordance with the process for Special Event
Permits in Section _______.
(4) A request for a Temporary Cannabis Event that does not meet the requirements
of this Section shall be denied. The City shall notify the applicant of the standards
not met and basis for denial.
(5) (Optional) Temporary cannabis events shall only be held at (insert local
place).
(6) (Optional) Temporary cannabis events shall only be held between the hours of
(insert start time) and (insert stop time).
(Q) Lower-Potency Hemp Edibles
(1) Sale of Low-Potency Hemp Edibles or Low-Potency Hemp Beverages for off-
site consumption. The sale of Low-Potency Edibles or Beverages for off-site
consumption is permitted, subject to the conditions within this Section.
(a) Low-Potency Edibles or Beverages are permitted as a retail sales use
for off-site consumption (off-sale) in any premise which holds a valid
tobacco sales license in the City of St. Anthony.
(b) Low-Potency Edibles or Beverages shall be stored behind a counter in
a locked case, not directly available to the customer.
(2) Sale of Low-Potency Hemp Edibles or Low-Potency Hemp Beverages for on-
site consumption. The sale of Low-Potency Edibles or Beverages for on-site
consumption is permitted, subject to the conditions within this Section.
(a) Low-Potency Edibles or Beverages are permitted as a retail sales use
for on-site consumption (on-sale) only in establishments licensed to serve
alcoholic beverages for on-site consumption (on-sale).
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It was reported that four (4) sealed proposals for the purchase of the $1,780,000 General
Obligation Improvement Bonds, Series 2024A were received prior to 10:00 A.M., Central Time
on September 10, 2024, pursuant to the Preliminary Official Statement distributed to potential
purchasers of the Bonds by Ehlers & Associates, Inc., municipal advisors to the City. The
proposals have been publicly opened, read and tabulated, and the terms of each proposal have been
determined to be as follows:
(See Attached)
Councilmember _________________ introduced the following resolution (the
“Resolution”) and moved its adoption, which motion was seconded by Councilmember
_________________:
RESOLUTION NO. 24-060
RESOLUTION RELATING TO $1,780,000 GENERAL OBLIGATION
IMPROVEMENT BONDS, SERIES 2024A; AUTHORIZING THE
ISSUANCE, AWARDING THE SALE, FIXING THE FORM AND
DETAILS, PROVIDING FOR THE EXECUTION AND DELIVERY
THEREOF AND THE SECURITY THEREFOR AND LEVYING AD
VALOREM TAXES FOR THE PAYMENT THEREOF
BE IT RESOLVED by the City Council (the “Council”) of the City of St. Anthony,
Minnesota (the “City”), as follows:
SECTION 1. AUTHORIZATION AND SALE.
1.01. Authorization. This City Council, by resolution duly adopted on August 15, 2024,
authorized the issuance and sale of its General Obligation Improvement Bonds, Series 2024A (the
“Bonds”), in the approximate principal amount of $2,000,000, pursuant to Minnesota Statutes,
Chapters 429 and 475, for the purpose of financing certain improvement projects within the City
(the “Project”) and to pay costs associated with the issuance of the Bonds.
1.02. Sale. Pursuant to the Terms of Proposal and the Preliminary Official Statement
prepared on behalf of the City by Ehlers & Associates, Inc. (“Ehlers”), municipal advisors to the
City, sealed or electronic proposals for the purchase of the Bonds were received at or before the
time specified for receipt of proposals. The proposals have been opened and publicly read and
considered and the purchase price, interest rates and net interest cost under the terms of each
proposal have been determined. The most favorable proposal received is that of Robert W. Baird
& Co., Incorporated in Milwaukee, Wisconsin (the “Purchaser”), to purchase the Bonds at a
purchase price of $1,972,259.92, on the further terms and conditions hereinafter set forth.
1.03. Award. The sale of the Bonds is hereby awarded to the Purchaser, and the Mayor
and City Clerk are hereby authorized and directed on behalf of the City to execute a contract for
the sale of the Bonds with the Purchaser in accordance with the Preliminary Official Statement.
The good faith deposit of the Purchaser shall be retained and deposited by the City until the Bonds
have been delivered, and shall be deducted from the purchase price paid at settlement.
SECTION 2. BOND TERMS; REGISTRATION; EXECUTION AND DELIVERY.
2.01. Issuance of Bonds. All acts, conditions and things which are required by the
Constitution and laws of the State of Minnesota to be done, to exist, to happen and to be performed
precedent to and in the valid issuance of the Bonds having been done, now existing, having
happened and having been performed, it is now necessary for the Council to establish the form
and terms of the Bonds, to provide security therefor and to issue the Bonds forthwith.
2.02. Maturities; Interest Rates; Denominations and Payment. The Bonds shall be
originally dated as of October 1, 2024, shall be in the denomination of $5,000 each, or any integral
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multiple thereof, of single maturities, shall mature on February 1 in the years and amounts stated
below, and shall bear interest from date of issue until paid or duly called for redemption, at the
annual rates set forth opposite such years and amounts, as follows:
Year Principal Rate Year Principal Rate
2027 $160,000 5.000%2032 $205,000 5.000%
2028 170,000 5.000 2033 215,000 5.000
2029 180,000 5.000 2034 230,000 5.000
2030 190,000 5.000 2035 235,000 4.000
2031 195,000 5.000
The Bonds shall be issuable only in fully registered form. The interest thereon and, upon surrender
of each Bond, the principal amount thereof shall be payable by check or draft issued by the
Registrar described herein, provided that so long as the Bonds are registered in the name of a
securities depository, or a nominee thereof, in accordance with Section 2.08 hereof, principal and
interest shall be payable in accordance with the operational arrangements of the securities
depository.
2.03. Dates and Interest Payment Dates. Upon initial delivery of the Bonds pursuant to
Section 2.07 and upon any subsequent transfer or exchange pursuant to Section 2.06, the date of
authentication shall be noted on each Bond so delivered, exchanged or transferred. Interest on the
Bonds shall be payable on February 1 and August 1 in each year, commencing August 1, 2025,
each such date being referred to herein as an Interest Payment Date, to the persons in whose names
the Bonds are registered on the Bond Register, as hereinafter defined, at the Registrar’s close of
business on the fifteenth day of the calendar month preceding that in which such Interest Payment
Date occurs, whether or not such day is a business day. Interest shall be computed on the basis of
a 360-day year composed of twelve 30-day months.
2.04. Redemption. Bonds maturing on or after February 1, 2034, shall be subject to
redemption and prepayment at the option of the City, in whole or in part, in such order of maturity
dates as the City may select and, within a maturity, by lot as selected by the Registrar (or, if
applicable, by the bond depository in accordance with its customary procedures) in integral
multiples of $5,000, on February 1, 2033, and on any date thereafter, at a price equal to the
principal amount thereof and accrued interest to the date of redemption. The City Clerk shall cause
notice of the call for redemption thereof to be published if and as required by law, and at least
thirty (30) and not more than sixty (60) days prior to the designated redemption date, shall cause
notice of call for redemption to be mailed, by first class mail, to the Registrar and registered holders
of any Bonds to be redeemed at their addresses as they appear on the Bond Register described in
Section 2.06 hereof, provided that notice shall be given to any securities depository in accordance
with its operational arrangements. No defect in or failure to give such notice of redemption shall
affect the validity of proceedings for the redemption of any Bond not affected by such defect or
failure. Official notice of redemption having been given as aforesaid, the Bonds or portions of
Bonds so to be redeemed shall, on the redemption date, become due and payable at the redemption
price therein specified and from and after such date (unless the City shall default in the payment
of the redemption price) such Bonds or portions of Bonds shall cease to bear interest. Upon partial
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redemption of any Bond, a new Bond or Bonds will be delivered to the owner without charge,
representing the remaining principal amount outstanding.
2.05. Appointment of Registrar. The City hereby appoints Bond Trust Services
Corporation, Roseville, Minnesota, as the initial Bond registrar, transfer agent and paying agent
(the “Registrar”). The Mayor and City Clerk are authorized to execute and deliver, on behalf of
the City, a contract with the Registrar. Upon merger or consolidation of the Registrar with another
corporation, if the resulting corporation is a bank or trust company organized under the laws of the
United States or one of the states of the United States and authorized by law to conduct such
business, such corporation shall be authorized to act as successor Registrar. The City agrees to
pay the reasonable and customary charges of the Registrar for the services performed. The City
reserves the right to remove the Registrar, effective upon not less than thirty days’ written notice
and upon the appointment and acceptance of a successor Registrar, in which event the predecessor
Registrar shall deliver all cash and Bonds in its possession to the successor Registrar and shall
deliver the Bond Register to the successor Registrar.
2.06. Registration. The effect of registration and the rights and duties of the City and the
Registrar with respect thereto shall be as follows:
(a)Register. The Registrar shall keep at its principal corporate trust office a
register (the “Bond Register”) in which the Registrar shall provide for the registration of
ownership of Bonds and the registration of transfers and exchanges of Bonds entitled to be
registered, transferred or exchanged. The term Holder or Bondholder as used herein shall
mean the person (whether a natural person, corporation, association, partnership, trust,
governmental unit, or other legal entity) in whose name a Bond is registered in the Bond
Register.
(b)Transfer of Bonds. Upon surrender for transfer of any Bond duly endorsed
by the Holder thereof or accompanied by a written instrument of transfer, in form
satisfactory to the Registrar, duly executed by the Holder thereof or by an attorney duly
authorized by the Holder in writing, the Registrar shall authenticate and deliver, in the
name of the designated transferee or transferees, one or more new Bonds of a like aggregate
principal amount and maturity, as requested by the transferor. The Registrar may, however,
close the books for registration of any transfer after the fifteenth day of the month preceding
that in which the interest payment date occurs and until such interest payment date.
(c)Exchange of Bonds. At the option of the Holder of any Bond in a
denomination greater than $5,000, such Bond may be exchanged for other Bonds of
authorized denominations, of the same maturity and a like aggregate principal amount,
upon surrender of the Bond to be exchanged at the office of the Registrar. Whenever any
Bond is so surrendered for exchange the City shall execute and the Registrar shall
authenticate and deliver the Bonds which the Bondholder making the exchange is entitled
to receive.
(d)Cancellation. All Bonds surrendered for payment, transfer or exchange
shall be promptly canceled by the Registrar and thereafter disposed of as directed by the
City.
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(e)Improper or Unauthorized Transfer. When any Bond is presented to the
Registrar for transfer, the Registrar may refuse to transfer the same until it is satisfied that
the endorsement on such Bond or separate instrument of transfer is valid and genuine and
that the requested transfer is legally authorized. The Registrar shall incur no liability for
the refusal, in good faith, to make transfers which it, in its judgment, deems improper or
unauthorized.
(f)Persons Deemed Owners. The City and the Registrar may treat the person
in whose name any Bond is at any time registered in the Bond Register as the absolute
owner of the Bond, whether the Bond shall be overdue or not, for the purpose of receiving
payment of or on account of, the principal of and interest on the Bond and for all other
purposes; and all payments made to or upon the order of such Holder shall be valid and
effectual to satisfy and discharge the liability upon such Bond to the extent of the sum or
sums so paid.
(g)Taxes, Fees and Charges. For every transfer or exchange of Bonds (except
for an exchange upon a partial redemption of a Bond), the Registrar may impose a charge
upon the owner thereof sufficient to reimburse the Registrar for any tax, fee or other
governmental charge required to be paid with respect to such transfer or exchange.
(h)Mutilated, Lost, Stolen or Destroyed Bonds. In case any Bond shall become
mutilated or be destroyed, stolen or lost, the Registrar shall deliver a new Bond of like
amount, number, maturity date and tenor in exchange and substitution for and upon
cancellation of any such mutilated Bond or in lieu of and in substitution for any Bond
destroyed, stolen or lost, upon the payment of the reasonable expenses and charges of the
Registrar in connection therewith; and, in the case of a Bond destroyed, stolen or lost, upon
filing with the Registrar of evidence satisfactory to it that the Bond was destroyed, stolen
or lost, and of the ownership thereof, and upon furnishing to the Registrar of an appropriate
bond or indemnity in form, substance and amount satisfactory to it, in which both the City
and the Registrar shall be named as obligees. All Bonds so surrendered to the Registrar
shall be canceled by it and evidence of such cancellation shall be given to the City. If the
mutilated, destroyed, stolen or lost Bond has already matured or been called for redemption
in accordance with its terms it shall not be necessary to issue a new Bond prior to payment.
(i)Authenticating Agent. The Registrar is hereby designated authenticating
agent for the Bonds, within the meaning of Minnesota Statutes, Section 475.55,
Subdivision 1, as amended.
(j)Valid Obligations. All Bonds issued upon any transfer or exchange of
Bonds shall be the valid obligations of the City, evidencing the same debt, and entitled to
the same benefits under this Resolution as the Bonds surrendered upon such transfer or
exchange.
2.07. Execution, Authentication and Delivery. The Bonds shall be prepared under the
direction of the City Clerk and shall be executed on behalf of the City by the signatures of the
Mayor and the City Clerk, provided that the signatures may be printed, engraved or lithographed
facsimiles of the originals. In case any officer whose signature or a facsimile of whose signature
5
shall appear on any Bond shall cease to be such officer before the delivery of such Bond, such
signature or facsimile shall nevertheless be valid and sufficient for all purposes, the same as if
such officer had remained in office until the date of delivery of such Bond. Notwithstanding such
execution, no Bond shall be valid or obligatory for any purpose or entitled to any security or benefit
under this Resolution unless and until a certificate of authentication on the Bond, substantially in
the form provided in EXHIBIT B, has been executed by the manual signature of an authorized
representative of the Registrar. Certificates of authentication on different Bonds need not be
signed by the same representative. The executed certificate of authentication on any Bond shall
be conclusive evidence that it has been duly authenticated and delivered under this Resolution.
When the Bonds have been prepared, executed and authenticated, the City Clerk shall deliver them
to the Purchaser upon payment of the purchase price in accordance with the contract of sale
theretofore executed, and the Purchaser shall not be obligated to see to the application of the
purchase price.
2.08. Securities Depository. (a) For purposes of this section the following terms shall
have the following meanings:
“Beneficial Owner” shall mean, whenever used with respect to a Bond, the person in whose
name such Bond is recorded as the beneficial owner of such Bond by a Participant on the records
of such Participant, or such person’s subrogee.
“Cede & Co.” shall mean Cede & Co., the nominee of DTC, and any successor nominee
of DTC with respect to the Bonds.
“DTC” shall mean The Depository Trust Company of New York, New York.
“Participant” shall mean any broker-dealer, bank or other financial institution for which
DTC holds bonds as securities depository.
“Representation Letter” shall mean the Representation Letter pursuant to which the City
agrees to comply with DTC’s Operational Arrangements.
(b)The Bonds shall be initially issued as separately authenticated fully registered
bonds, and one Bond shall be issued in the principal amount of each stated maturity of the Bonds.
Upon initial issuance, the ownership of such Bonds shall be registered in the Bond Register in the
name of Cede & Co., as nominee of DTC. The Registrar and the City may treat DTC (or its
nominee) as the sole and exclusive owner of the Bonds registered in its name for the purposes of
payment of the principal of or interest on the Bonds, selecting the Bonds or portions thereof to be
redeemed, if any, giving any notice permitted or required to be given to registered owners of Bonds
under this resolution, registering the transfer of Bonds, and for all other purposes whatsoever; and
neither the Registrar nor the City shall be affected by any notice to the contrary. Neither the
Registrar nor the City shall have any responsibility or obligation to any Participant, any person
claiming a beneficial ownership interest in the Bonds under or through DTC or any Participant, or
any other person which is not shown on the Bond Register as being a registered owner of any
Bonds, with respect to the accuracy of any records maintained by DTC or any Participant, with
respect to the payment by DTC or any Participant of any amount with respect to the principal of
or interest on the Bonds, with respect to any notice which is permitted or required to be given to
6
owners of Bonds under this resolution, with respect to the selection by DTC or any Participant of
any person to receive payment in the event of a partial redemption of the Bonds, or with respect to
any consent given or other action taken by DTC as registered owner of the Bonds. So long as any
Bond is registered in the name of Cede & Co., as nominee of DTC, the Registrar shall pay all
principal of and interest on such Bond, and shall give all notices with respect to such Bond, only
to Cede & Co. in accordance with DTC’s Operational Arrangements, and all such payments shall
be valid and effective to fully satisfy and discharge the City’s obligations with respect to the
principal of and interest on the Bonds to the extent of the sum or sums so paid. No person other
than DTC shall receive an authenticated Bond for each separate stated maturity evidencing the
obligation of the City to make payments of principal and interest. Upon delivery by DTC to the
Registrar of written notice to the effect that DTC has determined to substitute a new nominee in
place of Cede & Co., the Bonds will be transferable to such new nominee in accordance with
paragraph (e) hereof.
(c)In the event the City determines that it is in the best interest of the Beneficial
Owners that they be able to obtain Bonds in the form of physical certificates, the City may notify
DTC and the Registrar, whereupon DTC shall notify the Participants of the availability through
DTC of Bonds in the form of certificates. In such event, the Bonds will be transferable in
accordance with paragraph (e) hereof. DTC may determine to discontinue providing its services
with respect to the Bonds at any time by giving notice to the City and the Registrar and discharging
its responsibilities with respect thereto under applicable law. In such event the Bonds will be
transferable in accordance with paragraph (e) hereof.
(d)The execution and delivery of the Representation Letter to DTC, if not previously
filed with DTC, by the Mayor or City Clerk is hereby authorized and directed.
(e)In the event that any transfer or exchange of Bonds is permitted under paragraph
(b) or (c) hereof, such transfer or exchange shall be accomplished upon receipt by the Registrar of
the Bonds to be transferred or exchanged and appropriate instruments of transfer to the permitted
transferee in accordance with the provisions of this resolution. In the event Bonds in the form of
certificates are issued to owners other than Cede & Co., its successor as nominee for DTC as owner
of all the Bonds, or another securities depository as owner of all the Bonds, the provisions of this
resolution shall also apply to all matters relating thereto, including, without limitation, the printing
of such Bonds in the form of physical certificates and the method of payment of principal of and
interest on such Bonds in the form of physical certificates.
2.09.Form of Bonds. The Bonds shall be prepared in substantially the form found at
EXHIBIT B attached hereto.
Section 3. USE OF PROCEEDS; PROJECT FUND.
There is hereby created a special bookkeeping fund to be designated as the “General
Obligation Improvement Bonds, Series 2024A Project Fund” (the “Project Fund”), to be held and
administered by the City Manager separate and apart from all other funds of the City. The Project
Fund shall be credited with (i) $1,972,259.92 from the proceeds of the Bonds, representing the
estimated costs of the Project ($1,916,384.92) and costs of issuance of the Bonds ($55,875.00);
and (ii) all special assessments collected with respect to the Project (other than prepaid
7
assessments), until all costs of the Project have been fully paid. The City Manager shall maintain
the Project Fund until payment of all costs and expenses incurred in connection with the
construction of the Project and all costs of issuance of the Bonds have been paid.
The City may deposit funds, including prepaid assessments and funds from other available
sources, into the Project Fund. From the Project Fund there shall be paid all costs and expenses
related to the construction and acquisition of the Project. In addition, costs of issuance are expected
to be paid from proceeds of the Bonds in the Project Fund and are included in the respective
accounts above. After payment of all such costs and expenses, the Project Fund shall be
terminated. All funds on hand in the Project Fund when terminated shall be credited to the Bond
Fund described in Section 4 hereof, unless and except as such proceeds may be transferred to some
other fund or account as to which the City has received from bond counsel an opinion that such
other transfer is permitted by applicable laws and does not impair the exemption of interest on the
Bonds from federal income taxes. In no event shall funds remain in the Project Fund later than
three years following the date of issuance of the Bonds.
SECTION 4. GENERAL OBLIGATION IMPROVEMENT BONDS, SERIES 2024A BOND
FUND. The Bonds shall be payable from a separate General Obligation Improvement Bonds,
Series 2024A Bond Fund (the “Bond Fund”) of the City, which shall be created and maintained on
the books of the City as a separate debt redemption fund until the Bonds, and all interest thereon,
are fully paid. Into the Bond Fund shall be paid (a) the amounts specified in Section 3 above upon
termination of the Project Fund; (b) any funds received from the Purchaser upon delivery of the
Bonds in excess of the amounts specified in Section 3 above; (c) special assessments levied and
collected in accordance with this Resolution except prepaid assessments applied to the Project
Fund; (d) any taxes collected pursuant to Section 7 hereof; and (e) any other funds appropriated
by this Council for the payment of the Bonds. The principal of and interest on the Bonds shall be
payable from the Bond Fund, and the money on hand in the Bond Fund from time to time shall be
used only to pay the principal of and interest on the Bonds. On or before each principal and interest
payment date for the Bonds, the City Finance Director is directed to remit to the Registrar from
funds on deposit in the Bond Fund the amount needed to pay principal and interest on the Bonds
on the next succeeding principal and interest payment date.
There are hereby established two accounts in the Bond Fund, designated as the “Debt
Service Account” and the “Surplus Account.” There shall initially be deposited into the Debt
Service Account upon the issuance of the Bonds the amount set forth in clause (b) above.
Thereafter, during each bond year (each twelve month period commencing on February 1 and
ending on the following January 31, a “Bond Year”), as monies are received into the Bond Fund,
the City Finance Director shall first deposit such monies into the Debt Service Account until an
amount has been appropriated thereto sufficient to pay all principal and interest due on the Bonds
through the end of the Bond Year. All subsequent monies received in the Bond Fund during the
Bond Year shall be appropriated to the Surplus Account. If at any time the amount on hand in the
Debt Service Account is insufficient for the payment of principal and interest then due, the City
Finance Director shall transfer to the Debt Service Account amounts on hand in the Surplus
Account to the extent necessary to cure such deficiency. Investment earnings (and losses) on
amounts from time to time held in the Debt Service Account and Surplus Account shall be credited
or charged to said accounts.
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If the balance in the Bond Fund is at any time insufficient to pay all interest and principal
then due on all Bonds payable therefrom, the payment shall be made from any fund of the City
which is available for that purpose, subject to reimbursement from the Surplus Account when the
balance therein is sufficient, and the City covenants and agrees that it will each year levy a
sufficient amount of ad valorem taxes to take care of any accumulated or anticipated deficiency,
which levy is not subject to any constitutional or statutory limitation.
SECTION 5. SPECIAL ASSESSMENTS. The City hereby covenants and agrees that, for the
payment of the costs of the Project, the City has done or will do and perform all acts and things
necessary for the final and valid levy of special assessments in a principal amount of $491,330,
which amount is not less than 20% of the cost of the Project. The principal of and interest on such
special assessments are estimated to be levied and collected in the years and amounts shown on
EXHIBIT C attached hereto. The principal of the assessments shall be made payable in annual
installments, with interest as established by this Council in accordance with law on unpaid
installments thereof from time to time remaining unpaid. In the event any special assessment shall
at any time be held invalid with respect to any lot or tract of land, due to any error, defect or
irregularity in any action or proceeding taken or to be taken by the City or by this Council or by
any of the officers or employees of the City, either in the making of such special assessment or in
the performance of any condition precedent thereto, the City hereby covenants and agrees that it
will forthwith do all such further things and take all such further proceedings as shall be required
by law to make such special assessment a valid and binding lien upon said property.
SECTION 6. RESERVED.
SECTION 7. PLEDGE OF TAXING POWERS. For the prompt and full payment of the principal
of and interest on the Bonds as such payments respectively become due, the full faith, credit and
unlimited taxing powers of the City shall be and are hereby irrevocably pledged. In order to
produce aggregate amounts which, together with the collections of other amounts as set forth in
Section 4, will produce amounts not less than 5% in excess of the amounts needed to meet when
due the principal and interest payments on the Bonds, ad valorem taxes are hereby levied on all
taxable property in the City, the taxes to be levied and collected in the years and amounts as shown
on EXHIBIT C.
The taxes shall be irrepealable as long as any of the Bonds are outstanding and unpaid,
provided that the City reserves the right and power to reduce the tax levies from other legally
available funds, in accordance with the provisions of Minnesota Statutes, Section 475.61.
SECTION 8. DEFEASANCE. When all of the Bonds have been discharged as provided in this
Section, all pledges, covenants and other rights granted by this Resolution to the Holders of the
Bonds shall cease. The City may discharge its obligations with respect to any Bonds which are
due on any date by depositing with the 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 nevertheless be
discharged by depositing with the Registrar a sum sufficient for the payment thereof in full with
interest accrued from the due date 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 Registrar on or before that date an
amount equal to the principal, redemption premium, if any, and interest then due, provided that
9
notice of such redemption has been duly given as provided herein. 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 the
Registrar or with a bank or trust company qualified by law to act as an escrow agent for this
purpose, cash or securities which are authorized by law to be so deposited for such purpose, bearing
interest payable at such times and at such rates and maturing or callable at the holder’s option on
such dates as shall be required to pay all principal and interest to become due thereon to maturity
or, if notice of redemption as herein required has been irrevocably provided for, to an earlier
designated redemption date. If such deposit is made more than ninety days before the maturity
date or specified redemption date of the Bonds to be discharged, the City must have received a
written opinion of Bond Counsel to the effect that such deposit does not adversely affect the
exemption of interest on any Bonds from federal income taxation and a written report of an
accountant or investment banking firm verifying that the deposit is sufficient to pay when due all
of the principal and interest on the Bonds to be discharged on and before their maturity dates or
earlier designated redemption date.
SECTION 9. TAX COVENANTS; ARBITRAGE MATTERS AND CONTINUING
DISCLOSURE.
9.01. General Tax Covenant. The City agrees with the registered owners from time to
time of the Bonds that it will not take, or permit to be taken by any of its officers, employees or
agents, any action that would cause interest on the Bonds to become includable in gross income of
the recipient under the Internal Revenue Code of 1986, as amended (the “Code”) and applicable
Treasury Regulations (the “Regulations”), and agrees to take any and all actions within its powers
to ensure that the interest on the Bonds will not become includable in gross income of the recipient
under the Code and the Regulations. All proceeds of the Bonds deposited in the Project Fund will
be expended solely for the payment of the costs of the Project. The Project is and will be owned
and maintained by the City and available for use by members of the general public on a
substantially equal basis. The City shall not enter into any lease, management contract, use
agreement, capacity agreement or other agreement with any non-governmental person relating to
the use of the Project, or any portion thereof, or security for the payment of the Bonds which might
cause the Bonds to be considered “private activity bonds” or “private loan bonds” pursuant to
Section 141 of the Code.
9.02. Arbitrage Certification. The Mayor and City Clerk being the officers of the City
charged with the responsibility for issuing the Bonds pursuant to this Resolution, are authorized
and directed to execute and deliver to the Purchaser a certificate in accordance with Section 148
of the Code, and applicable Regulations, stating the facts, estimates and circumstances in existence
on the date of issue and delivery of the Bonds which make it reasonable to expect that the proceeds
of the Bonds will not be used in a manner that would cause the Bonds to be “arbitrage bonds”
within the meaning of the Code and Regulations.
9.03. Arbitrage Rebate. (a) It is hereby found that the City has general taxing powers, that
no Bond is a "private activity bond" within the meaning of Section 141 of the Code, that 95% or
more of the net proceeds of the Bonds are to be used for local governmental activities of the City,
and that the aggregate face amount of all tax-exempt obligations (other than private activity bonds)
issued by the City and all subordinate entities thereof during the year 2024 is not reasonably
10
expected to exceed $5,000,000. Therefore, pursuant to Section 148(f)(4)(D) of the Code, the City
shall not be required to comply with the arbitrage rebate requirements of paragraphs (2) and (3) of
Section 148(f) of the Code.
(b) Notwithstanding the provisions of paragraph (a) of this Section 9.03, if the arbitrage
rebate provisions of Section 148(f) of the Code apply to the Bonds, the City hereby covenants and
agrees to make the determinations, retain records and rebate to the United States the amounts at
the times and in the manner required by said Section 148(f) and applicable Regulations.
9.04. Reimbursement. The City certifies that the proceeds of the Bonds will not be used
by the City to reimburse itself for any expenditure with respect to the Project which the City paid
or will have paid more than 60 days prior to the issuance of the Bonds unless, with respect to such
prior expenditures, the City shall have made a declaration of official intent which complies with
the provisions of Section 1.150-2 of the Regulations, provided that this certification shall not apply
(i) with respect to certain de minimis expenditures, if any, with respect to the Project meeting the
requirements of Section 1.150-2(f)(1) of the Regulations, or (ii) with respect to “preliminary
expenditures” for the Projects as defined in Section 1.150-2(f)(2) of the Regulations, including
engineering or architectural expenses and similar preparatory expenses, which in the aggregate do
not exceed 20% of the “issue price” of the Bonds.
9.05. Qualified Tax-Exempt Obligations. The City Council hereby designates the Bonds
as “qualified tax-exempt obligations” for purposes of Section 265(b)(3) of the Code relating to the
disallowance of interest expense for financial institutions, and hereby finds that the reasonably
anticipated amount of tax-exempt obligations (within the meaning of Section 265(b)(3) of the
Code) which will be issued by the City and all subordinate entities during calendar year 2024 does
not exceed $10,000,000.
9.06. Continuing Disclosure (a) Purpose and Beneficiaries. To provide for the public
availability of certain information relating to the Bonds and the security therefor and to permit the
Purchaser and other participating underwriters in the primary offering of the Bonds to comply with
amendments to Rule 15c2-12 promulgated by the SEC under the Securities Exchange Act of 1934
(17 C.F.R. § 240.15c2-12), relating to continuing disclosure (as in effect and interpreted from time
to time, the Rule), which will enhance the marketability of the Bonds, the City hereby makes the
following covenants and agreements for the benefit of the Owners (as hereinafter defined) from
time to time of the outstanding Bonds. The City is the only obligated person in respect of the
Bonds within the meaning of the Rule for purposes of identifying the entities in respect of which
continuing disclosure must be made. If the City fails to comply with any provisions of this section,
any person aggrieved thereby, including the Owners of any outstanding Bonds, may take whatever
action at law or in equity may appear necessary or appropriate to enforce performance and
observance of any agreement or covenant contained in this section, including an action for a writ
of mandamus or specific performance. Direct, indirect, consequential and punitive damages shall
not be recoverable for any default hereunder to the extent permitted by law. Notwithstanding
anything to the contrary contained herein, in no event shall a default under this section constitute
a default under the Bonds or under any other provision of this resolution. As used in this section,
Owner or Bondowner means, in respect of the Bonds, the registered owner or owners thereof
appearing in the bond register maintained by the Registrar or any Beneficial Owner (as hereinafter
defined) thereof, if such Beneficial Owner provides to the Registrar evidence of such beneficial
11
ownership in form and substance reasonably satisfactory to the Registrar. As used herein,
Beneficial Owner means, in respect of the Bonds, any person or entity which (a) has the power,
directly or indirectly, to vote or consent with respect to, or to dispose of ownership of, such Bonds
(including persons or entities holding Bonds through nominees, depositories or other
intermediaries), or (b) is treated as the owner of the Bonds for federal income tax purposes.
(b) Information To Be Disclosed. The City will provide, in the manner set forth in subsection (c)
hereof, either directly or indirectly through an agent designated by the City, the following
information at the following times:
(1)On or before 12 months after the end of each fiscal year of the City, commencing
with the fiscal year ending December 31, 2024, the following financial information
and operating data in respect of the City (the Disclosure Information):
(A)the audited financial statements of the City for such fiscal year, prepared in
accordance with generally accepted accounting principles in accordance
with the governmental accounting standards promulgated by the
Governmental Accounting Standards Board or as otherwise provided under
Minnesota law, as in effect from time to time, or, if and to the extent such
financial statements have not been prepared in accordance with such
generally accepted accounting principles for reasons beyond the reasonable
control of the City, noting the discrepancies therefrom and the effect
thereof, and certified as to accuracy and completeness in all material
respects by the fiscal officer of the City; and
(B)to the extent not included in the financial statements referred to in
paragraph (A) hereof, the information for such fiscal year or for the period
most recently available of the type contained in the Official Statement under
headings: “VALUATIONS – Current Property Valuations,” “DEBT –
Direct Debt;” “TAX LEVIES, COLLECTIONS AND RATES – Tax Levies
and Collections,” “GENERAL INFORMATION – U.S. Census Data –
Population Trend,” and “– Employment/Unemployment Data,” which
information may be unaudited.
Notwithstanding the foregoing paragraph, if the audited financial statements are not available by
the date specified, the City shall provide on or before such date unaudited financial statements in
the format required for the audited financial statements as part of the Disclosure Information and,
within 10 days after the receipt thereof, the City shall provide the audited financial statements.
Any or all of the Disclosure Information may be incorporated by reference, if it is updated as
required hereby, from other documents, including official statements, which have been filed with
the SEC or have been made available to the public by the Municipal Securities Rulemaking Board
(the “MSRB”) through its Electronic Municipal Market Access System (EMMA). The City shall
clearly identify in the Disclosure Information each document so incorporated by reference. If any
part of the Disclosure Information can no longer be generated because the operations of the City
have materially changed or been discontinued, such Disclosure Information need no longer be
provided if the City includes in the Disclosure Information a statement to such effect; provided,
12
however, if such operations have been replaced by other City operations in respect of which data
is not included in the Disclosure Information and the City determines that certain specified data
regarding such replacement operations would be a Material Fact (as defined in paragraph (2)
hereof), then, from and after such determination, the Disclosure Information shall include such
additional specified data regarding the replacement operations. If the Disclosure Information is
changed or this section is amended as permitted by this paragraph (b)(1) or subsection (d), then
the City shall include in the next Disclosure Information to be delivered hereunder, to the extent
necessary, an explanation of the reasons for the amendment and the effect of any change in the
type of financial information or operating data provided.
(2)In a timely manner, not in excess of 10 business days, to the MSRB through EMMA,
notice of the occurrence of any of the following events (each a “Material Fact,” as
hereinafter defined):
(A)Principal and interest payment delinquencies;
(B)Non-payment related defaults, if material;
(C)Unscheduled draws on debt service reserves reflecting financial difficulties;
(D)Unscheduled draws on credit enhancements reflecting financial difficulties;
(E)Substitution of credit or liquidity providers, or their failure to perform;
(F)Adverse tax opinions, the issuance by the Internal Revenue Service of
proposed or final determinations of taxability, Notices of Proposed Issue
(IRS Form 5701-TEB) or other material notices or determinations with
respect to the tax status of the Bonds, or other material events affecting the
tax status of the Bonds;
(G)Modifications to rights of security holders, if material;
(H)Bond calls, if material, and tender offers;
(I)Defeasances;
(J)Release, substitution, or sale of property securing repayment of the
securities, if material;
(K)Rating changes;
(L)Bankruptcy, insolvency, receivership or similar event of the City;
(M)The consummation of a merger, consolidation, or acquisition involving an
obligated person or the sale of all or substantially all of the assets of the
obligated person, other than in the ordinary course of business, the entry
into a definitive agreement to undertake such an action or the termination
of a definitive agreement relating to any such actions, other than pursuant
to its terms, if material; and
(N)Appointment of a successor or additional paying agent or the change of
name of a paying agent, if material.
(O)Incurrence of a financial obligation of the obligated person, if material, or
agreement to covenants, events of default, remedies, priority rights, or other
similar terms of a financial obligation of the obligated person, any of which
affect security holders, if material; and
(P)Default, event of acceleration, termination event, modification of terms, or
other similar events under the terms of a financial obligation of the obligated
person, any of which reflect financial difficulties.
13
For purposes of the events identified in paragraphs (O) and (P) above, the term “financial
obligation” means (i) a debt obligation; (ii) a derivative instrument entered into in connection with,
or pledged as security or a source of payment for, an existing or planned debt obligation; or (iii) a
guarantee of (i) or (ii). The term “financial obligation” shall not include municipal securities as to
which a final official statement has been provided to the MSRB consistent with the Rule.
As used herein, for those events that must be reported if material, a “Material Fact” is a
fact as to which a substantial likelihood exists that a reasonably prudent investor would attach
importance thereto in deciding to buy, hold or sell the Bonds or, if not disclosed, would
significantly alter the total information otherwise available to an investor from the Official
Statement, information disclosed hereunder or information generally available to the public.
Notwithstanding the foregoing sentence, a Material Fact is also a fact that would be deemed
material for purposes of the purchase, holding or sale of the Bonds within the meaning of
applicable federal securities laws, as interpreted at the time of discovery of the occurrence of the
event.
For the purposes of the event identified in (L) hereinabove, the event is considered to occur
when any of the following occur: the appointment of a receiver, fiscal agent or similar officer for
an obligated person in a proceeding under the U.S. Bankruptcy Code or in any other proceeding
under state or federal law in which a court or governmental authority has assumed jurisdiction
over substantially all of the assets or business of the obligated person, or if such jurisdiction has
been assumed by leaving the existing governing body and officials or officers in possession but
subject to the supervision and orders of a court or governmental authority, or the entry of an order
confirming a plan of reorganization, arrangement or liquidation by a court or governmental
authority having supervision or jurisdiction over substantially all of the assets or business of the
obligated person.
(3)In a timely manner, to the MSRB through EMMA, notice of the occurrence of any
of the following events or conditions:
(A)the failure of the City to provide the Disclosure Information required under
paragraph (b)(1) at the time specified thereunder;
(B)the amendment or supplementing of this section pursuant to subsection (d),
together with a copy of such amendment or supplement and any explanation
provided by the City under subsection (d)(2);
(C)the termination of the obligations of the City under this section pursuant to
subsection (d);
(D)any change in the accounting principles pursuant to which the financial
statements constituting a portion of the Disclosure Information are
prepared; and
(E)any change in the fiscal year of the City.
(c) Manner of Disclosure.
(1)The City agrees to make available to the MSRB through EMMA, in an electronic
format as prescribed by the MSRB, the information described in subsection (b).
14
(2)All documents provided to the MSRB pursuant to this subsection (c) shall be
accompanied by identifying information as prescribed by the MSRB from time to
time.
(d) Term; Amendments; Interpretation.
(1)The covenants of the City in this section shall remain in effect so long as any Bonds
are outstanding. Notwithstanding the preceding sentence, however, the obligations
of the City under this section shall terminate and be without further effect as of any
date on which the City delivers to the Registrar an opinion of Bond Counsel to the
effect that, because of legislative action or final judicial or administrative actions
or proceedings, the failure of the City to comply with the requirements of this
section will not cause participating underwriters in the primary offering of the
Bonds to be in violation of the Rule or other applicable requirements of the
Securities Exchange Act of 1934, as amended, or any statutes or laws successory
thereto or amendatory thereof.
(2)This section (and the form and requirements of the Disclosure Information) may be
amended or supplemented by the City from time to time, without notice to (except
as provided in paragraph (c)(2) hereof) or the consent of the Owners of any Bonds,
by a resolution of this Council filed in the office of the recording officer of the City
accompanied by an opinion of Bond Counsel, who may rely on certificates of the
City and others and the opinion may be subject to customary qualifications, to the
effect that: (i) such amendment or supplement (a) is made in connection with a
change in circumstances that arises from a change in law or regulation or a change
in the identity, nature or status of the City or the type of operations conducted by
the City, or (b) is required by, or better complies with, the provisions of paragraph
(b)(5) of the Rule; (ii) this section as so amended or supplemented would have
complied with the requirements of paragraph (b)(5) of the Rule at the time of the
primary offering of the Bonds, giving effect to any change in circumstances
applicable under clause (i)(a) and assuming that the Rule as in effect and interpreted
at the time of the amendment or supplement was in effect at the time of the primary
offering; and (iii) such amendment or supplement does not materially impair the
interests of the Bondowners under the Rule.
If the Disclosure Information is so amended, the City agrees to provide,
contemporaneously with the effectiveness of such amendment, an explanation of
the reasons for the amendment and the effect, if any, of the change in the type of
financial information or operating data being provided hereunder.
(3)This section is entered into to comply with the continuing disclosure provisions of
the Rule and should be construed so as to satisfy the requirements of paragraph
(b)(5) of the Rule.
15
SECTION 10. CERTIFICATION OF PROCEEDINGS.
10.01. Registration of Bonds. The City Clerk is hereby authorized and directed to file a
certified copy of this resolution with the County Auditors of Hennepin and Ramsey Counties,
together with such additional information as is required, and to obtain a certificate from each that
the Bonds and the taxes levied pursuant hereto have been duly entered upon such County Auditor’s
bond register.
10.02. Authentication of Transcript. The officers of the City and the County Auditors are
hereby authorized and directed to prepare and furnish to the Purchaser and to Dorsey & Whitney
LLP, Bond Counsel, certified copies of all proceedings and records relating to the Bonds and such
other affidavits, certificates and information as may be required to show the facts relating to the
legality and marketability of the Bonds, as the same appear from the books and records in their
custody and control or as otherwise known to them, and all such certified copies, affidavits and
certificates, including any heretofore furnished, shall be deemed representations of the City as to
the correctness of all statements contained therein.
10.03. Official Statement. The Preliminary Official Statement relating to the Bonds
prepared and distributed by Ehlers is hereby approved. Ehlers is hereby authorized on behalf of
the City to prepare and distribute to the Purchaser within seven business days from the date hereof,
a Final Official Statement listing the offering price, the interest rates, selling compensation,
delivery date, the underwriters and such other information relating to the Bonds required to be
included in the Official Statement by Rule l5c2-12 adopted by the Securities and Exchange
Commission under the Securities Exchange Act of 1934. The officers of the City are hereby
authorized and directed to execute such certificates as may be appropriate concerning the accuracy,
completeness and sufficiency of the Official Statement.
10.04. Authorization of Payment of Certain Costs of Issuance of the Bonds
The City authorizes the Purchaser to forward the amount of Bond proceeds allocable to the
payment of issuance expenses to Wells Fargo Bank, N.A. on the closing date for further
distribution as directed by Ehlers.
Adopted this 10th day of September, 2024.
Wendy Webster, Mayor
ATTEST:
Jennifer Doyle, City Clerk
Reviewed for administration:
Charlie Yunker, City Manager
EXHIBIT A
UNITED STATES OF AMERICA
STATE OF MINNESOTA
COUNTIES OF HENNEPIN AND RAMSEY
CITY OF ST. ANTHONY
GENERAL OBLIGATION IMPROVEMENT BOND,
SERIES 2024A
R-___$_________
Interest Rate Maturity Date Date of Original Issue CUSIP No.
__%February 1, 20__October 1, 2024
REGISTERED OWNER:CEDE & CO.
PRINCIPAL AMOUNT:THOUSAND DOLLARS
CITY OF ST. ANTHONY, State of Minnesota (the “City”) acknowledges itself to be indebted and
for value received hereby promises to pay to the registered owner specified above, or registered assigns,
the principal amount specified above on the maturity date specified above and promises to pay interest
thereon from the date of original issue specified above or from the most recent Interest Payment Date (as
hereinafter defined) to which interest has been paid or duly provided for, at the annual interest rate specified
above, payable on February 1 and August 1 in each year, commencing August 1, 2025 (each such date, an
“Interest Payment Date”), all subject to the provisions referred to herein with respect to the redemption of
the principal of this Bond before maturity. The interest so payable on any Interest Payment Date shall be
paid to the person in whose name this Bond is registered at the close of business on the fifteenth day
(whether or not a business day) of the calendar month preceding that in which such Interest Payment Date
occurs. Interest hereon shall be computed on the basis of a 360-day year composed of twelve 30-day
months. The interest hereon and, upon presentation and surrender hereof at the principal office of the agent
of the Registrar described below, the principal hereof are payable in lawful money of the United States of
America by check or draft drawn on Bond Trust Services Corporation, Roseville, Minnesota, as Bond
registrar, transfer agent and paying agent, or its successor designated under the Resolution described herein
(the “Registrar”) or other agreed-upon means of payment by the Registrar or its designated successor. For
the prompt and full payment of such principal and interest as the same respectively come due, the full faith
and credit and taxing powers of the City have been and are hereby irrevocably pledged.
This Bond is one of an issue (the “Bonds”) in the aggregate principal amount of $1,780,000 issued
pursuant to a resolution adopted by the City Council on September 10, 2024 (the “Resolution”), to finance
various improvement projects. This Bond is issued by authority of and in strict accordance with the
provisions of the Constitution and laws of the State of Minnesota thereunto enabling, including Minnesota
Statutes, Chapters 429 and 475. For the full and prompt payment of the principal of and interest on the
Bonds as the same become due, the full faith, credit and taxing power of the City have been and are hereby
2
irrevocably pledged. The Bonds are issuable only in fully registered form, in the denomination of $5,000
or any integral multiple thereof, of single maturities.
Bonds maturing on February 1, 2034 and later years shall be subject to redemption and prepayment
at the option of the City, in whole or in part, in such order of maturity dates as the City may select and,
within a maturity, by lot as selected by the Registrar (or, if applicable, by the Bond depository in accordance
with its customary procedures) in multiples of $5,000, on February 1, 2033 and on any date thereafter, at a
price equal to the principal amount thereof and accrued interest to the date of redemption. The City shall
cause notice of the call for redemption thereof to be published if and to the extent required by law, and at
least thirty (30) and not more than sixty (60) days prior to the designated redemption date, shall cause notice
of call for redemption to be mailed, by first class mail (or, if applicable, provided in accordance with the
operational arrangements of the securities depository), to the registered holders of any Bonds, at the holders’
addresses as they appear on the Bond register maintained by the Bond Registrar, but no defect in or failure
to give such mailed notice of redemption shall affect the validity of proceedings for the redemption of any
Bond not affected by such defect or failure. Official notice of redemption having been given as aforesaid,
the Bonds or portions of Bonds so to be redeemed shall, on the redemption date, become due and payable
at the redemption price therein specified and from and after such date (unless the City shall default in the
payment of the redemption price) such Bonds or portions of Bonds shall cease to bear interest. Upon partial
redemption of any Bond, a new Bond or Bonds will be delivered to the owner without charge, representing
the remaining principal amount outstanding.
As provided in the Resolution and subject to certain limitations set forth therein, this Bond is
transferable upon the books of the City at the principal office of the Registrar, by the registered owner
hereof in person or by the owner’s attorney duly authorized in writing upon surrender hereof together with
a written instrument of transfer satisfactory to the Registrar, duly executed by the registered owner or the
owner’s attorney, and may also be surrendered in exchange for Bonds of other authorized denominations.
Upon such transfer or exchange the City will cause a new Bond or Bonds to be issued in the name of the
designated transferee or registered owner, of the same aggregate principal amount, bearing interest at the
same rate and maturing on the same date; subject to reimbursement for any tax, fee or governmental charge
required to be paid with respect to any such transfer or exchange.
The Bonds have been designated as “qualified tax-exempt obligations” pursuant to
Section 265(b)(3) of the Internal Revenue Code of 1986, as amended.
The City and the Registrar may deem and treat the person in whose name this Bond is registered as
the absolute owner hereof, whether this Bond is overdue or not, for the purpose of receiving payment as
herein provided and for all other purposes, and neither the City nor the Registrar shall be affected by any
notice to the contrary.
Notwithstanding any other provisions of this Bond, so long as this Bond is registered in the name
of Cede & Co., as nominee of The Depository Trust Company, or in the name of any other nominee of The
Depository Trust Company or other securities depository, the Registrar shall pay all principal of and interest
on this Bond, and shall give all notices with respect to this Bond, only to Cede & Co. or other nominee in
accordance with the operational arrangements of The Depository Trust Company or other securities
depository as agreed to by the City.
IT IS HEREBY CERTIFIED, RECITED, COVENANTED AND AGREED that all acts, conditions
and things required by the Constitution and laws of the State of Minnesota to be done, to exist, to happen
and to be performed preliminary to and in the issuance of this Bond in order to make it a valid and binding
general obligation of the City in accordance with its terms, have been done, do exist, have happened and
have been performed as so required; that, prior to the issuance hereof, the City Council has by the Resolution
3
covenanted and agreed to collect and apply to payment of the bonds ad valorem taxes levied on all taxable
property in the City and special assessments upon property specially benefited by the local improvements
financed with the Bonds, which taxes and assessments are estimated to be collectible in years and amounts
sufficient to produce sums not less than 5% in excess of the principal of and interest on the Bonds when
due, and has appropriated such assessments and taxes to its General Obligation Improvement Bonds, Series
2024A Bond Fund for the payment of such principal and interest; that if necessary for the payment of such
principal and interest, additional ad valorem taxes are required to be levied upon all taxable property in the
City, without limitation as to rate or amount; that all proceedings relative to the projects financed by this
Bond have been or will be taken according to law and that the issuance of this Bond, together with all other
indebtedness of the City outstanding on the date hereof and on the date of its actual issuance and delivery,
does not cause the indebtedness of the City to exceed any constitutional or statutory limitation of
indebtedness.
This Bond shall not be valid or become obligatory for any purpose or be entitled to any security or
benefit under the Resolution until the Certificate of Authentication hereon shall have been executed by the
Registrar by manual signature of one of its authorized representatives.
4
IN WITNESS WHEREOF, the City has caused this Bond to be executed on its behalf by the
facsimile signatures of its Mayor and City Clerk and has caused this Bond to be dated as of the date set
forth below.
CITY OF ST. ANTHONY, MINNESOTA
(facsimile signature – City Clerk)(facsimile signature – Mayor)
__________
CERTIFICATE OF AUTHENTICATION
This is one of the Bonds delivered pursuant to the Resolution mentioned within.
Date of Authentication: __________________
BOND TRUST SERVICES CORPORATION
as Registrar
By
Authorized Representative
5
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 the applicable laws or regulations:
TEN COM --as tenants in common UTMA …………. as Custodian for …………..
(Cust)(Minor)
TEN ENT --as tenants by the entireties under Uniform Transfers to Minors Act ....……..
(State)
JT TEN --as joint tenants with right of survivorship and not as tenants in common
Additional abbreviations may also be used.
__________
ASSIGNMENT
For value received, the undersigned hereby sells, assigns and transfers unto
______________________________________________________________________ the within Bond
and all rights thereunder, and does hereby irrevocably constitute and appoint
______________________________________________________________________ attorney to
transfer the said Bond on the books kept for registration of the within Bond, 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 enlargement or any
change whatsoever.
Signature Guaranteed:
Signature(s) must be guaranteed by an “eligible guarantor institution” meeting the requirements of the
Registrar, which requirements include membership or participation in STAMP or such other “signature
guaranty program” as may be determined by the Registrar in addition to or in substitution for STAMP, all
in accordance with the Securities Exchange Act of 1934, as amended.
PLEASE INSERT SOCIAL SECURITY OR OTHER
IDENTIFYING NUMBER OF ASSIGNEE:
EXHIBIT C
LEVIES AND SPECIAL ASSESSMENTS
Assessments
Date Principal Coupon Interest Total P+I
12/31/2025 49,133.00 5.000%24,566.50 73,699.50
12/31/2026 49,133.00 5.000%22,109.86 71,242.86
12/31/2027 49,133.00 5.000%19,653.20 68,786.20
12/31/2028 49,133.00 5.000%17,196.56 66,329.56
12/31/2029 49,133.00 5.000%14,739.90 63,872.90
12/31/2030 49,133.00 5.000%12,283.26 61,416.26
12/31/2031 49,133.00 5.000%9,826.60 58,959.60
12/31/2032 49,133.00 5.000%7,369.96 56,502.96
12/31/2033 49,133.00 5.000%4,913.30 54,046.30
12/31/2034 49,133.00 5.000%2,456.66 51,589.66
Total $491,330.00 -$135,115.80 $626,445.80
Significant Dates
Filing Date 1/01/2025
First Payment Date 12/31/2025
Tax Levy Schedule
Tax
Levy
Year
Tax
Collect
Year
Bond
Pay
Year Total P+I Net New D/S P & I @105%Assessments Net Levy
2023 2024 2025 -----
2024 2025 2026 115,533.33 115,533.33 121,310.00 73,699.50 47,610.50
2025 2026 2027 246,650.00 246,650.00 258,982.50 71,242.86 187,739.64
2026 2027 2028 248,650.00 248,650.00 261,082.50 68,786.20 192,296.30
2027 2028 2029 250,150.00 250,150.00 262,657.50 66,329.56 196,327.94
2028 2029 2030 251,150.00 251,150.00 263,707.50 63,872.90 199,834.60
2029 2030 2031 246,650.00 246,650.00 258,982.50 61,416.26 197,566.24
2030 2031 2032 246,900.00 246,900.00 259,245.00 58,959.60 200,285.40
2031 2032 2033 246,650.00 246,650.00 258,982.50 56,502.96 202,479.54
2032 2033 2034 250,900.00 250,900.00 263,445.00 54,046.30 209,398.70
2033 2034 2035 244,400.00 244,400.00 256,620.00 51,589.66 205,030.34
Total --$2,347,633.33 $2,347,633.33 $2,465,015.00 $626,445.80 $1,838,569.20
Bond Data
Dated Date 10/01/2024
Call Date 2/01/2033
HENNEPIN COUNTY AUDITOR’S
CERTIFICATE AS TO REGISTRATION AND TAX LEVY
The undersigned, being the duly qualified and acting County Auditor of Hennepin County,
Minnesota, hereby certifies that there has been filed in my office a certified copy of a resolution
duly adopted on September 10, 2024, by the City Council of St. Anthony, Minnesota, setting forth
the form and details of an issue of $1,780,000 General Obligation Improvement Bonds, Series
2024A dated the date of issuance thereof.
I further certify that the issue has been entered on my bond register and the tax required by
law for their payment has been levied and filed as required by Minnesota Statutes, Sections 475.61
through 475.63.
WITNESS my hand and official seal on the _____ day of September, 2024.
Hennepin County Auditor
(SEAL)
2
RAMSEY COUNTY AUDITOR’S
CERTIFICATE AS TO REGISTRATION AND TAX LEVY
The undersigned, being the duly qualified and acting County Auditor of Ramsey County,
Minnesota, hereby certifies that there has been filed in my office a certified copy of a resolution
duly adopted on September 10, 2024, by the City Council of St. Anthony, Minnesota, setting forth
the form and details of an issue of $1,780,000 General Obligation Improvement Bonds, Series
2024A dated the date of issuance thereof.
I further certify that the issue has been entered on my bond register and the tax required by
law for their payment has been levied and filed as required by Minnesota Statutes, Sections 475.61
through 475.63.
WITNESS my hand and official seal on the _____ day of September, 2024.
Ramsey County Auditor
(SEAL)
Date Type Staff Present
September 17 Joint Work
Session
Active Transportation Planning (Joint with Planning and PEC)
Grand Rounds Missing Link (Mpls Park and Rec)
City Council
City Manager
City Planner
September 24 Work
Session Ordinance prohibiting the sale of flavored tobacco City Council
City Manager
September 24 Regular
Spirit of St. Anthony Award
Fire Prevention Presentation
Planning Commission items from August
City Council
City Manager
Police Dept
Fire Dept
October 8 Work
Session
2024 Long Term Capital Budget Plans
City Facilities Discussion
City Council
City Manager
Finance Director
October 8Regular
Preliminary Certification of Delinquent Waste Hauler Accounts‐Consent Agenda
Preliminary Certification of Delinquent Utility Accounts‐Consent Agenda
Planning Commission items from September
Approval of Sale of Bonds
City Council
City Manager
October 15 Work
Session Rental Housing Ordinances
City Council
City Manager
City Planner
Planning Commission
October 22 Work
Session Requirements for EV charging for new multi‐family projects
City Council
City Manager
City Planner
October 22 Regular
Quarterly Donations & Grants
Quarterly Goals Update
Approve Union Contracts
City Council
City Manager
Finance Director
November 12 Work
Session
City Council
City Manager
November 12 Regular
Planning Commission items from October
1st Reading Water, Sewer, & Stormwater‐PUBLIC HEARING
Presentation on Water and Sewer Rates
Canvass election results
Approval of CIP
City Council
City Manager
Finance Director
November 18 Work
Session Commission Interviews City Council
City Manager
November 26 Regular
Fire Prevention Poster Winners
2nd Reading and Adoption Water, Sewer, & Stormwater
Street Project Approve Plans & Specifications, Authorize Advertisement for Bids
City Council
City Manager
December 10 Work
Session
City Council
City Manager
2024
FUTURE COUNCIL AGENDA ITEMS 81
Date Type Staff Present
FUTURE COUNCIL AGENDA ITEMS
December 10 Regular
Planning Commission items from November
Appoint Parks and Planning Commissioners and Chair/Vice Chairs
Setting Salary of City Manager
Authorizing Transfers & Closing of Specified Funds
Setting the 2025 City & HRA Budgets and Final Property Tax Levy ‐PUBLIC HEARING
2025 Fee Schedule
MS4
Quarterly Goals update
Final reading and adoption of water, sewer, & stormwater
City Council
City Manager
Finance Director
December 24 Regular
January 14 Work
Session
City Council
City Manager
January 14 Regular
Planning Commission items from December
Housekeeping Resolutions
Resolution for the Street Improvement Bond Reimbursement
Quarterly Donations & Grants
NYFS Agreement
Outside Orgs‐Council
Students in Government Presentation
City Council
City Manager
January 28 Regular
Public Works Snow Plowing Operations presentation City Council
City Manager
PW Director
February 11 Work
Session
City Council
City Manager
February 11 Regular
Police Chief Swearing‐In
Planning Commission items from January
Public Hearing‐2025 Budget Calendar and Process
2025 Planning Commission Work Plan‐ (motion only)
2025 Parks and Environmental Commission Work Plan‐ (motion only)
Administration Annual Report
Liquor License Renewals (Consent Agenda)
City Council
City Manager
Finance Director
February 25 Work
Session
City Council
City Manager
February 25 Regular
Water Conservation Poster Winners
Adoption of Strategic Plan
Liquor Annual Report
City Council
City Manager
Liquor Op Manager
March 11 Work
Session
City Council
City Manager
March 11 Regular
Planning Commission Items from February
Public Works Annual Report
City Council
City Manager
Public Works Director
March 25 Regular
Police Annual Report
Call for Public Hearing on Road Improvements and Assessments
Order the Preparation of Assessments
City Council
City Manager
Police Dept
WSB
2025
82
Date Type Staff Present
FUTURE COUNCIL AGENDA ITEMS
April 8 Work
Session
City Council
City Manager
April 8Regular
Planning Commission Items from March
Quarterly Donations & Grants
Hennepin County Commissioner Irene Fernando
Fire Annual Report
Arbor Day Proclamation
Earth Day Proclamation
Quarterly Goals Update
City Council
City Manager
Fire Dept
April 22 Regular
Finance Annual Report
Insurance Renewal & Tort Limits‐ Consent
Road Improvements and Assessments‐ PUBLIC HEARING
Villager of the Year and Business of the Year
City Council
City Manager
Finance Director
WSB
May 13 Work
Session
City Council
City Manager
May 13 Regular Planning Commission items from April
City Council
City Manager
June 10 Work
Session
City Council
City Manager
June 10 Regular
Planning Commission Items from May
Authorize preparation of feasibility study for 2026 street project
City Council
City Manager
June 24 Work
Session Discuss Initial Debt Levy/Updated Street Improvement Plan
City Council
City Manager
Finance Director
June 24 Regular
City Council
City Manager
July 9 Work
Session 2026 Initial Property Tax Levy Scenarios
City Council
City Manager
Finance Director
July 9Regular
Planning Commission items from June
Quarterly Donations & Grants
Audit Report
Quarterly Goals Update
City Council
City Manager
Finance Director
Police Chief
July 22 Work
Session
City Council
City Manager
Police Chief
July 22 Regular
Liquor Operations Mid Year Report
VillageFest Presentation
Night to Unite Presentation
Night to Unite Proclamation
City Council
City Manager
Liquor Op Mgr
Police Chief
August 12 Work
Session Discuss Updated Levy Scenarios/Detailed General Fund Budget
City Council
City Manager
Finance Director
August 12 Regular Planning Commission items from July
Approve 2025 Feasibility Study and Order Plans and Specs
City Council
City Manager
83
Date Type Staff Present
FUTURE COUNCIL AGENDA ITEMS
August 26 Work
Session
City Council
City Manager
City Planner
August 26 Regular 2026 Proposed Budget & Levy Presentation
City Council
City Manager
Finance Director
September 9 Work
Session
City Council
City Manager
City Planner
September 9Regular
Commissioner MaryJo McGuire Presentation
Planning Commission items from August
2025 Preliminary Operating Budget and Debt Levy‐PUBLIC HEARING
Students in Leadership‐Consent
City Council
City Manager
Finance Director
Engineer
84