HomeMy WebLinkAboutCC PACKET 09282004 Meeting Sheet
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Folder: CC PACKETS 2001-2004
Document: CC PACKET 09282004
H.R.A. Meeting Immediately
following Council Meeting
CITY OF ST. ANTHONY
Our Mission is to be progressive and livable community, a walkable village, which is safe and-secure.
CITY COUNCIL MEETING AGENDA
September 14, 2004
8:00 PM
Council Chambers
Call to Order.
Pledge of Allegiance.
Roll Call.
Consideration, Discussion, and Possible Action on All of the following items:
I. Approval of the September 14, 2004, City Council Meeting Agenda. (Action requested.)
ll. Proclamations and Recognitions.
A. Proclamation for St. Anthony Kiwanis Peanut Day. (Action Requested.) pp.1
111. Consent Agenda.
These items are considered routine and will be enacted by one motion. There will be no separate discussion of these items unless a
Councilmember or citizen so requests,in which event the item will be removed from the Consent Agenda and placed elsewhere on the agenda.
A. Approve August 10, 2004, Regular Council. Meeting minutes. pp.2-8
B. Licenses and Permits. pp. 9
C. Claims. pp.10-16
IV. Public Hearings.
A. Silver Lake Village Revenue Bonds, Jerry Gilligan, Dorsey & Whitney presenting. (action -
requested.) pp.17-24
V. Reports from Commission.
VI. General Policy Business of the Council.
A. Update on Silverwood —Three Rivers Park District
B. Update on Silver Lake Project, Perry Thorvig, DSU presenting. pp. 25-26
C. Update on Restaurant for St. Anthony Market Redevelopment— Jim Winkels, Amcon
presenting. pp. 26.5
D. St. Anthony-New Brighton School District#282 Blue Ribbon Finance Committee. (action
requested.) pp. 27-29
E. Resolution 04-061, re: Proposed 2005 Tax Levy and Budget in compliance with the Truth
in Taxation Act. (Action requested.) pp. 30-44
F. Review and discussion of options on Mayor's Position. (Action Requested.) pp. 45-48
1. Ordinance relating to special election to fill vacancy.
2. Resolution calling a special election for mayor.
VII. Reports From City Manager and Councilmembers.
VIII. Community Forum.
Individuals may address the City Council about any item not included on the regular agenda. Speakers are requested to come to the podium,
sign their mane and address on the form at the podium,state their name 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 typically refer the mater to staff for a future report or
direct the matter to be scheduled on an upcoming agenda.
IX. Information and Announcements.
X. Miscellaneous Informational Documents.
XL Adjournment.
01
ill
PROCL ASIA rio#
WHEREAS, the Kiwanis Club of St. Anthony to an
organization dedicated to helping community
youths educationally and Spiritually; and
WHEREAS, the Kiwanis Club of St. Anthony to also
committed to other community Services; and
WHEREAS, in order to raise funds for its many and varied
programs the Kiwanis Club of St. Anthony has
requested a day be Set aside in St. Anthony
Village for the Sale of peanuts.
NOW, THEREFORE, BE IT RESOLVED, that the St. Anthony
City Council hereby designates FRIDAY, SEPTEMBER 24,2004 as
T. ANTHONY KIWANIS PEANUT DAY
Mayor Pro tem
Date
I CITY OF ST. ANTHONY 02
2 CITY COUNCIL REGULAR MEETING
3 August 10, 2004
4
5
6 CALL TO ORDER
7 Mayor Hodson called the meeting to order at 7:00 p.m.
8
9 PLEDGE OF ALLEGIANCE.
10 Mayor Hodson invited the Council and audience to join him in the Pledge of Allegiance.
11
12 ROLL CALL.
13 Present: Mayor.Hodson; Councilmembers Thuesen, Horst, Stille, and Faust.
14 Absent: None.
15 Also Present: City Manager Mike Mornson.
16
17 CONSIDERATION, DISCUSSION, AND POSSIBLE ACTION ON ALL OF THE FOLLOWING
18 ITEMS.
19
20 I. APPROVAL OF AUGUST 10, 2004 CITY COUNCIL MEETING AGENDA.
21 Motion by Councilmember Stille, seconded by Councilmember Faust, to Approve the City
22 Council Meeting Agenda of August 10, 2004.
23 Motion carried unanimously.
24
25 Discussion:
26 Councilmember Faust clarified page 13, lines 33 and 35 to read Finland instead of Sweden.
27
28 II. PROCLAMATIONS AND RECOGNITIONS.
29 None.
30
31 III. CONSENT AGENDA.
32 A. Approve July 27, 2004, Regular Council Meeting minutes.
33 B. Licenses and Permits.
34 C. Claims.
35 D. Resolution 04-059, Approving Election Judges for Primary Election.
36 Motion by Councilmember Thuesen, seconded by Councilinember Stille, to Approve the
37 Consent Agenda.
38
39 Motion carried unanimously.
40
41 IV. PUBLIC HEARINGS.
42 None.
43
44 V. REPORTS FROM PLANNING COMMISSION.
45 None.
46
47 VI. GENERAL POLICY BUSINESS OF THE COUNCIL.
48 A. Resolution 04-060 - Order preparation of feasibility report for 2005 street and utility
49 improvements — Todd Hubmer, WSB, Presenting.
City Council Regular Meeting Minutes 03
August 10, 2004
Page 2
1 Mr. Hubmer of WSB addressed the Council regarding their consideration of a resolution ordering
2 the preparation of a feasibility report for the 2005 Street Utility Reconstruction Project in
3 St. Anthony Village. He indicated that this project is proposed to be completed as a public
4 improvement which includes reconstruction of streets, water main, sanitary sewer, and storm
5 sewer at the following locations:
6 1. Anthony Road.
7 2. Roosevelt Street from 31St Avenue to 33`d Avenue.
8 3. Edwards Street from 31St Avenue to 32"d Avenue.
9 4. , Edwards Street from Anthony Road to 33rd Avenue.
10 5. 31 St Avenue from Stinson Boulevard to Wilson Street.
11
12 Motion by Councilmember Stifle, Seconded by Councilmember Faust to Adopt Resolution 04-060
13 Ordering Preparation of Feasibility Report for 2005 Street and Utility Improvements.
14
15 Motion carried unanimously,
16
17 Discussion:
18 Councilmember Faust inquired as to whether the length of the street projects in comparison to
19 past reconstruction projects. Mr. Hubmer indicated that the projects are smaller this year in
20 contrast to the next year's projects.
21
22 Councilmember Thuesen questioned as to whether the projects being smaller would come into
23 play with bidding. Mr. Hubmer assured him that the size of the projects will not serve as a
24 deterrent, adding that the schedule is favorable for receiving a number of quality bids.
25
26 Councilmember Faust questioned as to whether there has been consideration in adding Roosevelt
27 Court to the list. Mr. Hubmer responded in suggesting that Roosevelt Court is in"relatively"
28 good condition at this time. Councilmember Faust indicated that it would seem feasible to
29 reconstruct Roosevelt Court at the same time as the rest of Roosevelt, due to the fact that it is a
30 short street.
31
32 Councilmember Faust continued in inquiring as to if any problems are being experienced with
33 tying previous reconstructed roads with the new projects. Mr. Hubmer assured him that the
34 reconstruction would provide a smooth connection.
35
36 Councilmember Stille indicated that while attending National Night Out celebrations, he was
37 approached by residents regarding the difficult in accessing their homes during street
38 reconstruction projects. He noted that it was specifically difficult for the elderly, questioning as
39 to whether accommodations could be made to assist them with access.
40
41 Mr. Hubmer responded in stating that they are open to assisting anyone with accommodations.
42 Councilmember Stille concluded in suggesting that it is more of a communication issue rather
43 than a budget issue.
44
45 B. Electronic Monument Sign; 3301 Silver Lake Road - Chris Clark, LeRoy
46 Signs presenting.
City Council Regular Meeting Minutes 04
August 10, 2004
Page 3
1 Mr. Clark came forward to address the Council.indicating that all the variances that were
2 required previously were eliminated with the new design options.
3
4 Mr. Clark presented Council with the following options for their review and selection:
5 A. The City logo appearing on top (standard blue and white), with the message
6 center on bottom.
7 B. The message center appearing on the top, with the City logo on the bottom
8 (standard blue and white).
9 C. The message center appearing on the top, with the City logo on the bottom (brick
10 base).
11
12 Motion by Councilmember Stille, Seconded by Councilmember Faust to Approve Option C and
13 to Rescind the Variance Approved, as a Part of Resolution 04-056, on July 27, 2004, Due to
1.4 This Sign Meeting All Ordinance Requirements.
15
16 Motion carried unanimously.
17
18 Discussion:
19 Councilmember Stille questioned the LED color showing,being red, and asked whether it was
20 interchangeable. sr. Clark indicated that amber is also available,noting that is what is used on
21 the TCF Bank message board. He suggested,however, that red stands out better being easier to
22 read in direct sunlight, with auto-dimming in the evening.
23
24 Councilmember Stille noted his preference for option C, due to it representing an"element of
25 class"with the brick base. He discussed the closing of the back of the sign based upon safety
26 concerns, and suggested that the top of the sign be closed as well.
27
28 Mr. Clark stated that he felt option C was the best choice as well,based upon concerns Council
29 had with regards to wanting to highlight the message center and downplay the City logo. He
30 continued in reviewing the number of character options for the Council.
31
32 Mayor Hodson inquired as to whether the message center.was controlled via a wireless control.
33 Mr. Clark responded in noting that a phone line would be set up at the sign that would grant
34 access for control of the message text. He added that it can be programmed up to one year mi
35 advance.
36
37 Councilmember Horst inquired as to the cost differential between the options presented. Mr.
38 Clark responded in stating that the majority of the cost involved is in the message center, adding
39 the rest is a"wash."
40
41 Councilmember Faust suggested the possibility that an individual could hack into the phone line
42 set up and manipulate the content. Mr. Clark responded in noting that specific software is
43 required for access to the phone line, therefore, assuring him that his concern should not be an
44 issue. He added that the other options would be.to hard wire a cable to the sign, or to have direct
45 sight line access. He stated, however, that the best option in most situations is the phone line
46 installation.
City Council Regular Meeting Minutes 05
August 10, 2004
Page 4
1
2 Councilmember Faust also addressed the concern that Councilmember Stille discussed,with .
3 regard to the open top becoming a safety issue. He suggested a possible mesh covering. He.
4 concluded in noting his preference.for option C due to it promoting the message over the City
5 logo.
6
7 Councilmember Thuesen stated his likeness for option C as well. He indicated that aesthetically,
8 it is the best design and gets the message out. He addressed his concerns,with regard to safety
9 issues, in stating that he prefers the red LED to the amber and that the top of the sign be closed.
10
11 Mayor Hodson inquired as to the life expectancy of the sign. Mr. Clark assured Mayor Hodson
12 that McKay has a five-year warranty on electronics, adding that LED has up to 100,000 hours
13 and are extremely efficient. He indicated that he has not seen any signs with LED require
14 maintenance.
15
16 Mayor Hodson questioned as to how the software upgrades are received to access the sign via a
17' phone line. Mr. Clark responded in stating that the software company is local with good
18 representation and follow-up.
19
20 Councilmember Stille questioned the variance approved at the last Council meeting and if it
21 should be rescinded. City Manager Mornson indicated that it would be a"good idea to add it to
22 the motion along with stating that this sign meets all the requirements of the ordinance.
23
24 C. Update on Restaurant for Stonehouse Redevelopment - Jim Winkels, Amcon
25 presenting.
26 Mayor Hodson reported that Mr. Winkels was unable to attend due to conflicts with meetings
27 scheduled out of the area.
28
29 City Manager Mornson indicated that Mr. Winkels will be in attendance at the September 14,
30 2004 Council meeting to provide an update. He added that a deal should be done by then,
31 therefore, his update will reveal the new restaurant.
32
33 VII. REPORTS FROM CITY MANAGER AND COUNCILMEMBERS.
34 City Manager Mornson reported the following:
35 1. Silver Lake Village Updates are as follows:
36 a. 39th Avenue progress is being made, with an opening scheduled for September,
37 2004, as planned.
38 b. The removal of Apache Plaza and the Village Properties building will take place
39 after September 15, 2004.
40 c. The removal of Taco Bell and the liquor store will take place after September.4,
41 2004.
42 d. City liquor store last day of business September 4, 2004. The re-opening of the
43 new store will be around September 16,2004.
44 e. Grand Opening scaled back to more of the same as the Store 1 Celebration,
45 taking place sometime around the end of September or the first week of October.
46 A larger celebration will take place next year.
City Council Regular Meeting Minutes 06
August 10, 2004
Page 5
1 f. Between September 8, and September 15, 2004, the Apache Sign will come
2 down. Council will be informed prior to this taking place. A ribbon cutting or
3 picture taking ceremony may take place.
4 g. An update on Phase II will take place in September or October 2004. This could
5 be divided into two phases. Six property owners are involved. An update will be
6 presented within sixty days.
7 h. Documents will be finalized with Fannie Mae in August, regarding the interim
8 financing for the Developer.
9 i. Perry Thorvig, of DSU, and Audie Tarpley, of Robert Muir Companies, have
10 been asked to provide and update on the entire PUD at the September 14, 2004
11 Council meeting. The review will be good for the public as well as for Council.
12 Discussions have taken place with Equinox regarding renovating their existing
13 garages to compliment the development, as well as with US Bank regarding new
14 landscaping. Wendy's and Applebee's are about ninety percent complete, with
15 construction to begin soon.
16 2. There will be no Council meeting on August 24, 2004.
17 3. There will be a joint meeting with School Board on August 31, 2004 at 7:00 pm. A
18 tour of Fire Station will be scheduled for 6:30 p.m. For those interested, meet at the Fire
19 Station site.
20 4. The Council Meeting scheduled for remainder of the year is as follows:
2t August 31, 2004 Joint meeting with School Board 7:00 p.m.
22 September 14, 2004 Regular(primary election) 8:00 P.M.
23 September 28, 2004 Regular 7:00 p.m.
24 October 12, 2004 Regular 7:00 p.m.
25 October 26, 2004 Regular 7:00 p.m.
26 November 9,2004 Regular 7:00 p.m.
27 November 30, 2004 Joint meeting with School Board 6:30 p.m.
28 Truth in Taxation Hearing 7:30 p.m.
29 December 14, 2004 Last meeting of the year 7:00 p.m.
30 5. There will be an update on Three Rivers Park at the September 14, 2064 Council
31 meeting.
32 6. The City will be applied for a Communications Award to the League of Minnesota Cities
33 for their communication efforts with Public Works and with the Sliver Lake
34 Redevelopment.
35
36 There was discussion regarding the disposal of the Apache Plaza Sign.
37
38 Councilmember Faust asked Mr. Mornson to clarify for the public what it means with regard to
39 stating the restaurants are"ninety percent" complete. Mr. Morrison responded in clarifying that
40 the tenant is negotiated between the developer and the property owner, therefore the stage in the
41 process referred to by the percentage in which the negotiations are complete. He added that in
42 all cases the developer is the landlord, therefore, is able to manage situations as they arise.
43
44 Councilmember Horst inquired as to whether the City could negotiate with the developer to have
45 the timeframe in which.the old liquor store closes and the new one opens be narrowed. Mr.
46 Momson responded in noting that the dates are controlled by the City. He stated that two weeks
City Council Regular Meeting Minutes 07
August 10, 2004
Page 6
J•
1 is needed to move the inventory to the new location, and the old site needs to be demolished by
2 early October to accommodate the development schedule of Wal-mart. He added that the down-
3 time is relatively short considering the events that are taking place.
4
5 Councilmember Horst continued in questioning the changes being made to Cub Foods. Mr.
6 Mornson indicated that the developer is in control of the Cub Foods property as well, and plans
7 to give it a"fresh" and"consistent'look with regard to the rest of the development.
8
9 Councilmember Horst reported his attendance of block parties on Tuesday,August 3, 2004
10 - during the National Night Out celebration. He thanked the public for their courtesy. He
11 continued in reporting his attendance at the Village Fest Parade on Friday, August 6, 2004,
12 noting his appreciation for the community support he received. He concluded in reporting his
13 attendance at a public seminar, Tuesday, August 10, 2004, on smoke free restaurants and bars
14 with regard to the myths and questions involved with going non-smoking. He suggested that
15 Council begin dialogue on this issue prior to the end of the year.
16
17 Councilmember Stille reported his attendance of Joseph and the Amazing Technocolored Dream
18 Coat,noting that it was largely funded by the Family Services organization. He indicated that it
19 was a"huge"success, suggesting his only regret was not having attended Saturday or Sunday to
20 see Mayor Hodson fill a leading roll.
21
22 Councilmember Stille continued in reporting his attendance of nine National Night Out block
23 parties, thanking the public for their hospitality. He concluded in reporting his attendance at the
24 weekend events of Village Fest. He indicted that the events that took place, including the
25 parade,party, golf,ping pong ball drop and the basketball tournament were enjoyed by the
26 community. He made a special reference to the illumination ceremony for cancer survivors,
27 encouraging public attendance should it become an annual event.
28
29 Councilmember Thuesen indicated that due to a family vacation he was unable to participate in.
30 the National Night Out celebration and Village Fest. He stated that he hopes to be able to
31 participate next year, adding that National Night Out is a great occasion to host an informal
32 setting in which the community members and City officials have the opportunity to visit.
33
'34 Councilmember Thuesen continued in reported his attendance of a Council meeting in Fredrick,
35 Colorado, where his family vacationed. He indicated that his brother-in-law serves as a
36 Councilmember there, adding that the City has much land to grow-and are looking at how to
37 draw businesses in to mix within the housing.
38
39 Councilmember Thuesen concluded in referencing a memo he received regarding a residents
40 concern with pods in the roadways, in questioning if they are legal. He suggested that they are a
41 safety issue, therefore, Council should respond to this concern in viewing them as having the
42 same issues as dumpsters and amend what is necessary in the current City code.
43
44 Councilmember Faust reported his attendance at the National Night Out activities as well,
45 making a special mention of Gary Myrick, who he honored in front of his family and neighbors,
46 for his 570 hours of volunteer work for the City.
City Council Regular Meeting Minutes 08
August 10, 2004
Page 7
1
2 Councilmember Faust continued in reporting in attendance of the Mississippi Middle Water
3 Management meeting, in which he serves as the.Vice Chair, on August 5, 2004. He indicated
4 that the discussion was regarding budgeting, adding that there is a$4,000,000 budget for water
5 clean up along the Mississippi River. He noted that it is the largest watershed district in the state.
6
7 Mayor Hodson reported that he also received the memo from the resident who has concerns
8 regarding the pods in the roadways. He suggested, in combination with vehicles on the road,
9 they serve as a safety hazard, therefore, he would like to deal with this issue as soon as possible.
10
11 Mayor Hodson continued in reporting his attendance at eleven of the twenty-eight block parties
12 on National Night Out. He noted that it was an"incredible" success,in which he received
13 positive feedback from the community regarding the Council and City Staff. He added that it
14 was good to see the Police and Fire Department officials in attendance as well.
15 .
16 VIII. COMMUNITY FORUM.
17 No one came forward to address the Council.
18
19 IX. INFORMATION AND ANNOUNCEMENTS.
20 City Manager Morrison reported the electronic message board sign will be completed and
21 installed sometime in October, adding the message boards, like the one in front of City Hall
22 currently, will no longer be allowed.
23
24 X. MISCELLANEOUS INFORMATIONAL DOCUMENTS.
25 None.
26
27 XI. ADJOURNMENT.
28 Mayor Hodson adj ourned the meeting at 7:47 p.m.
29
30
31 Respectfully submitted,
32
33
34 Danielle Buckmeier
35 Timesaver Off Site Secretarial, Inc.
36
37
38 Mayor Pro tem
39
40
41 ATTEST:
42 City Clerk
®9
Saint Anthony Village
DATE: September 14, 2004 Approved:
TO: Mayor and Councilmembers
FROM: Judy Monson, License Clerk
ITEM: License and Permits for Approval:
Heating Contractors License:
G R Mechanical Inc., Rogers,MN
NewMech Companies, Inc., St. Paul,MN
Pipstone Plumbing&Heating Inc., Pipestone, MN
B &D Plumbing, St. Michael, MN
Superior Contractors, Inc., Crystal,.MN
E.L.K. Mechanical HVAC, Inc., Ramsey, MN
Walter Mechanical, Burnsville, MN
Bostrom Sheet Metal Works Inc., St. Paul,MN
Contractors License:
Steiner Construction, LLC, Wayzata, MN
DeMars Signs, Inc., Coon Rapids, MN
Arrow DeSigns &Fence Company, MN
Pratt-Ordway, LLC,New Brighton, MN
Horizon Retail Construction, Racine, WI
Motor Vehicle Starting License:
Twin Cities Transport&Recovery, 3201 Stinson Boulevard
P
ACS FINANCIAL SYSTEM ST. ANTHONY VILLAGE
08/18/2004 08: Check Register GL540R-V06.60 PAGE 1
BANK VENDOR CHECK# DATE AMOUNT -
FIRS BREMER BANK NA
001360 A & C SMALL ENGINE 23281 08/25/04 28.73
008964 ACCLAIM BENEFITS - 23282.08/25/04 155.31
.00001 ALDRIDGE/VICTORIA 23283 08/25/04 36.52
008967 ALL-WOOD PRODUCTS 23284 08/25/04 40.00
008621 ALLIANCE MECHANICAL 23285 08/25/04 180.50 '
008450 ANIMAL CONTROL SERVICES, 23286 08/25/04 299.63
008909 ARCH WIRELESS - 23287 08/25/04 21.81 -
008555 HIPFS, INC. 23288 08/25/04 252.52 -
008734 BOSTON MEDICAL CORPORATI 23289 08/25/04 283.20
007253 BRAKE 6 EQUIPMENT WAREHO 23290 08/25/04 23.55
002380 CENTERPOINT ENERGY MINNE 23291 08/25/04 2,155.38
.00007 CENTURY FENCE COMPANY 23292 08/25/04 957.00
008542 CITY OF MOUNDS VIEW 23293 08/25/04 39.20
008577 CITY OF ST. PAUL 23294 08/25/04 327.00
008602 CROWN TROPHY 23295 08/25/04 18.40
007178 D-ROCK CENTER & SMALL EN 23296 08/25/04. 66.88
000800 DAVIES WATER EQUIP CO. 23297 08/25/04 46.18
008743 DELL MARKETING, INC. 23298 08/25/04 987.70
.00002 DELMONICO/GEORGE 23299 08/25/04 30.81
000807- DIAMOND VOGEL PAINTS 23300 08/25/04 .274.77
007371 DISCOUNT STEEL, INC. 23301 08/25/04 216.05
000817 DON'S CAR WASH 23302 08/25/04 905.25
000820 DORSEY &: WHITNEY 23303 08/25/04 2,179.10
008921 DYNAMEX 23304 08/25/04 16.94
008460 ELLISON RECYCLING EQUIPM 23305 08/25/04 1,467.57
.00003 EMERY/JON 23306 08/25/04, 27.47
008364 FIRE ENGINEERING 23307 08/25/04 19.95 ,
008647 FRATTALLONE'S HARDWARE 23308 08/25/04 182.7.7
.00004 FREY/KATHERINE 23309 08/25/04 50.00
001030 G & K SERVICES INC 23310 08/25/04 463.33
007114 GENERAL SAFETY EQUIPMENT 23311 08/25/04 108.82
001145 GLENWOOD INGLEWOOD 23312 08/25/04 78.21
001180 GOODIN COMPANY 23313 08/25/04 1,405.80
001250 GRAINGER INC/W W 23314 08/25/04 18.15
001420 HAWKINS WATER TREATMENT 23315 08/25104 195.21
008221 HEDBACK,ARENDT, 6 CARLSO 23316 08/25/04 5,000.00
008944 HENN CNTY INFO TECH DEPT 23317 08/25/04 2,084.83
001505 HENNEPIN COUNTY SHERIFF 23318 08/25/04 790.40
.00005 HENRY 6 ASSOCIATES 23319 08/25/04 19.23
008252 HOME DEPOT CREDIT SERVIC 23320 08/25/04 '178.75
,001545 HOOVER WHEEL ALIGNMENT 23321 08/25/04 75.00
.00002 HOTSY EQUIPMENT 23322. 08/25/04 338.67
008658 INSTRUMENTAL RESEARCH, I 23323 08/25/04 76.50
008349 JOHN'S SOD 23324 08/25/04 495.00
007392 LARSON COMPANIES 23325 08/25/04 44.66
.00005 LI/MIN-GANG 23326 08/25/04 15.47
008254 LMCIT BERKLEY ADMINIST 23327 08/25/04 34,941.50 -
009069 MAGNEY CONSTRUCTION, INC 23328 08/25/04 21,361.70 - -
r -
ACS FINANCIAL SYSTEM ST. ANTHONY VILLAGE _
08118/2004 08: Check Register GL540R-V06.60 PAGE 2
BANK VENDOR CHECK# DATE AMOUNT
FIRS BREMER BANK NA
002160 MARSHALL CONCRETE PROD 23329 08/25/04 1,783.89
002230 MENARD LUMBER 23330 08/25/04 26.03
007835 METROCALL 23331 08/25/04 67.84
.00003 MIDC ENTERPRISES 23332 08/25/04 109.65
008467 MIDWAY FORD 23333 08/25/04 117.38
002280 MIDWEST ASPHALT CORP 23334 08/25/04 166.23
008481 MIDWEST TRANSMISSION.SER 23335 08/25/04 1,899.11 '
.00001 MINNESOTA BOLT 4 NUT 23336 08/25/04 36.32
008766 MINNESOTA OCCUPATIONAL H 23337 08/25/04 .44.00
008905 MN DEPT OF LABOR & INDUS 23338 08/25/04 30.00
007370 MYERS TIRE SUPPLY COMPAN 23339 08/25/04 10.37
009107 NERHEIM/LISA 23340 08/25/04 105.00
008993 NERTEL COMMUNICATIONS 23341 08/25/04 83.16
005294 NORSK CONCRETE CONST 23342 08/25/04 5,224.00
008350 NORTHERN TOOL & EQUIPMEN 23343 U8/25/04 385.38
000045 OFFICE DEPOT 23344 08/25/04 623.71
001230 ONE CALL CONCEPTS, INC. 23345 08/25/04 188.60
008528 PACE ANALYTICAL SERVICES 23346 08/25/04 285.00
007366 PARTS MIDWEST, INC. 23347 08/25/04 15.59
007217 PARTS PLUS 23348 08/25/04 9.05
008805 PETTY CASH - BREMER BANK 23349 08/25/04 170.31
008970 PIPE SERVICES CORPORATIO 23350 08125/04 615.00
004492 QWEST 23351 08/25/04 377.93
008571 RAMSEY COUNTY ATTORNEY'S 23.352 08/25/04 243.00
008963 REED BUSINESS INFORMATIO 23353 08/25/04 290.32
.00006 REFLECTO PRODUCTS 23354 08/25/04 95.48
.00009 RON HANSON 23355 08/25/04 649.40
007155 SCROLL/JEFFREY M 23356 08/25/04 57.43
008520 SENSIBLE LAND USE COALIT 23357 08/25/04 30.00
.00007 SHAUGHNESSY/GERALDINE 23356 08/25/04 30.30
008214 SNYDER DRUG 23359 08/25/04 6.11
003490 STREICHER'S 23360 08/25/04 1,297.88
008920 T.C. FIELD & COMPANY 23361 08/25/04 1,413.75
.00008 TAMM/WILLIAM C. 23362 08/25/04 43.27
008700 TC WEB TECH 23363 08/25/04 '576.00
. 008886 THE TAPE COMPANY 23364 08/25/04 374.62
007337 TIMESAVER OFF SITE SECRE 23365 08/25/04 389.55
003560 TRACY PRINTING 23366 08/25/04 233.75
004481 TWIN CITY JANITOR SUPPLY 23367 08/25/04 42.39
008010 UNIFORMS UNLIMITED 23368 08/25/04 118.45
008336 UNITED ELECTRIC COMPANY 23369 08/25/04 19.85
.00006 VERDICON, INC. 23370 08/25/04 422.48
008227 VERIZON WIRELESS, BELLEV 23371 08/25/04 124.17
003700 VIKING INDUSTRIAL CENTER 23372 08/25/04 81.28
004494 WASTE MANAGEMENT - BLAIN 23373 08/25/04 59.13
.00004 WHEELER LUMBER LLC 23374 08/25/04 360.76
009047. WHITE BEAR ELECTRIC 23375 08/25/04 1,500.00
.00009 WIZIK/SHARON 23376 08/25/04 50.00
N
ACS FINANCIAL SYSTEM ST. ANTHONY VILLAGE
09/07/2004 12: Check Register GL540R-V06.60 PAGE 1
BANK VENDOR CHECK# DATE AMOUNT
FIRS BREMER BANK NA
.00002 ACS 23378 09/15/04 103.53
008471 AIRGAS NORTH CENTRAL 23379 09/15/04 74.28
007252 ALBRECHT 23380 09/15/04 69.42 '
009110 ALL .SAFE FIRE & SECURITY 23381 09/15/04 89.72
008621 ALLIANCE MECHANICAL 23382 09/15/04 4,193.00 .
008909 ARCH WIRELESS 23383 09/15/04 21.81
.00001 ASTLEFORD INT. TRUCKS 23384 09/15/04 46.93
000320 BEISSWENGER APPLIANCE 23385 09/15/04 30.20
007253 BRAKE 6 EQUIPMENT WAREHO 23386 09/15/04 174.31
000430 BRIGHTON AUTO ELECTRIC 23387 09/15/04 88.35
007157 BROCK WHITE COMPANY, LLC 23388 .09/15/04 65.67
008916 CANADA GOOSE PROGRAM 23389 09/15/04 1,485.00
007386 CASTLE INSPECTION SERVIC - 23390 09/15/04 31,492.97
000610 CATCO 23391 09/15/04 20.27
002380 CENTERPOINT ENERGY MINNE 23392 09/15/04 1-,639.96
004107 COMPTON'S COMMERCIAL CLN 23393 09/15/04 4,015..05 _
000741 CONNELLY ELECTRONICS 23394 09/15/04 161.27
007382 CROWN FENCE 6. WIRE COMPA 23395 09/15/04 2,005.40
008602 CROWN TROPHY 23396 09/15/04 202.98
007178 D=ROCK CENTER SMALL EN 23397 09/15/04 365.67
009086 DAVCO TECHNOLOGIES INC 23398 09/15/04 4,173.01
000800 DAVIES WATER EQUIP CO. 23399 09/15/04 90.27
008834 DEMPSEY'S STUMP SERVICE 23400 09/15/04 145.00
000807 DIAMOND VOGEL PAINTS 23401 09/15/04 290.53
007371 DISCOUNT STEEL, INC. 23402 09/15/04 55.64
000820 DORSEY 6 WHITNEY 23403 09/15/04 2,697.50 '
008921 DYNAMEK 23404 09/15/04 13.85
008825 ED M. FELD EQUIPMENT CO. 23405 09/15/04 14.30
009061 EMERGENCY AUTOMOTIVE TEC 23406 09/15/04 95.42
008153 FILTERFRSH 23407 09/15/04 193.09
008647 FRATTALLONE'S HARDWARE 23408 09/15/04 47.92
001030 G 6 K SERVICES INC 23409 09/15/04 603.04
001110 GENERAL IND SUPPLY 23410 09/15/04 33.23
008120 GENERAL OFFICE PRODUCTS 23411 09/15/04 319.50
001145 GLENWOOD INGLEWOOD 23412 09/15/04 56.56
001250 GRAINGER INC/W W 23413 09/15/04 909.43
008752 H & T CORP. OF MINNESOTA 23414 09/15/04 202.09 .
.00003 HARBOR FREIGHT TOOLS 23415 09/15/04 60.57
001420 HAWKINS WATER TREATMENT 23416 09/15/04 1,267.74
008221 HEDBACK,ARENDT, 4 CARLSO 23417 09/15/04 5,000.00
008987 HENNEPIN COUNTY TREASURE 23418 09/15/04 382.50 -
008252 HOME DEPOT CREDIT SERVIC 23419 09/15/04 10.52
.00001 JINDRA/CAROL 23420 09/15/04 191.59
000780 KEEPRS, INC. - CY'S UNIF 23421 09/15/04 383.80
.00002 L.T.G. POWER EQUIPMENT 23422 09/15/04 13,164.47
001980 LEAGUE OF MN CITIES 23423 09/15/04 1,538.00
008254 LMCIT % BERKLEY ADMINIST 23424 09/15/04 1,046.00 -
008263 MCLEOD USA, INC. 23425 09/15/04 1,739.79
M
ACS FINANCIAL SYSTEM ST. ANTHONY VILLAGE _
09/07/2004. 12: Check Register GL540R-V06.60 PAGE 2
BANK VENDOR CHECK# DATE AMOUNT '
FIRS BREMER BANK NA .-
002230 MENARD LUMBER 23426 09/15/04 569.93
008455 METRO ATHLETIC SUPPLY, I 23427 09/15/04 59.64
007835 METROCALL 23428 09/15/04 193.14
002240 METROPOLITAN COUNCIL 23429-09/15/04 29,028.87
002280 MIDWEST ASPHALT CORP 23430 09/15/04 36.30
008451 MIDWEST CHILDREN'S RES. 23431 09/15/04 20.00
007308 MIDWEST SPECIALTY SALES 23432 09/15/04 32.70
007131 MINNESOTA DEPT OF HEALTH 23433 09/15/04 2,945.00
008269 MINNESOTA SHREDDING LLC 23434 09/15/04 54.00 -
009111 MINNESOTA STATE FIRE 23435 09/15/04 135.00
00.8198 MORNSON/MICHAEL 23436 09/15/04 669.20
008430 MPLS DEPT OF HEALTH-FAMI 23437 09/15/04 40.00
002395 MTI DISTRIBUTING, INC 23438 09/15/04 111.06
.00004 MULCAHY, INC. 23439 09/15/04 223.25
007370 MYERS TIRE SUPPLY COMPAN 23440 09/15/04 13.40
008993 NEXTEL COMMUNICATIONS 23441 09115/04 252.47
000045 OFFICE DEPOT 23442 09/15/04 682.77 -
008528 PACE ANALYTICAL SERVICES 23443 09/15/04 26.00
008631 PARTS PLUS ROSEVILLE 23444 09/15/04 214.20
008594 PETERBILT NORTH 23445 09/15/04 129.39
004372 PLUNKETT'S
008369 POSTMASTER 23447 09/15/04 2,000.00
007057 PRAXAIR 23448 09/15/04 25.06 '
.00005 PROFESSIONAL TURF 23449 09/15/04 734.85
008553 REGION TRUCK-EQUIPMENT, 23450 09/15/04 2,426.49
008876 S.M. HENTGES & SONS, INC 23451 09/15/04 349,683.35
008999 SIEMENS BUILDING TECH 23452 09/15/04 70.29
008482 SIGN A RAMA, USA 23453 09/15/04 314.10
003355 SILVER.LAKE CLINIC 23454 09/15/04 1,058.00
003155 ST ANTHONY FIRE RELIEF A 23455 09/15/04 1,738.84
001810 ST. ANTHONY VILLAGE KIWA 23456 09/15/04 131.00
007207 STATE OF MINNESOTA 23457 09/15/04 20.00
003490 STREICHER'S 23458 09/15/04 837.45
008457 SWEEPER SERVICES 23459 09/15/04 385.33
008700 TC WEB TECH 23460 09/15/04 612.00
007337 TIMESAVER OFF SITE SECRE 23461 09/15/04 128.40 -
_ 003560 TRACY PRINTING 23462 09/15/04 264.20
003630 TWIN CITY SAW 6 SERVICES 23463 09/15/04 37.26
008859 U.S. BANK 23464 09/15/04 2,931.25
008561 UNITED RENTALS COMPANY 23465 09/15/04 221.92
008270 UNITED STATES POSTAL SER 23466 09/15/04 600.00
009023 US INTERNET 23467 '09/15/04 62.50
008227 VERIZON WIRELESS, BELLEV 23468 09/15/04 360.91
004494 WASTE MANAGEMENT - BLAIN 23469 09115/04 476.35
008273 WSB 6 ASSOCIATES, INC. 23470 09/15/04 29,318.59
002680 XCEL ENERGY 23471.09/15/04 6.28
007325 YOCUM OIL COMPANY, INC. 23472 09/15/04 9,264.80
008492 ZARNOTH BRUSH WORKS, INC 23473 09/15/04 874.37
BREMER BANK NA 521,,161.91 •*•
r
ACS FINANCIAL SYSTEM ST. ANTHONY VILLAGE
08/19/2004 09: Check Register GL540R-V06.60 PAGE 1
BANK VENDOR CHECK# DATE AMOUNT
LIQR LIQUOR CHECKING ACCOUNT
008964 ACCLAIM BENEFITS 23615 08/25/04 57.69
009058 AMERICAN BOTTLING COMPAN 23616 08/25/04 51.20
004293 BELLBOY CORP. 23617 08/25/04 2,632.97
009108 CARLOS CREEK_ WINERY 23618 08/25/04 540.00
002380 CENTERPOINT ENERGY MINNE 23619 08/25/04 43.40
004079 CHECKCARE SYSTEMS 23620 08/25/04 41.50
004080 CHISAGO LAKES DIST. CO., 23621 08/25/04 398.85
009017 DIVINE WINE DISTRIBUTORS 23622 08/25/04 42.60
008557 DAILEY DATA & ASSOCIATES 23623 08/25/04 258.00
004120 EAGLE WINE CO 23624 08/25/04 302.57
004125 EAST SIDE BEVERAGE CO 23625 08/25/04 13,564.59 '
008697 EXTREME BEVERAGE 23626 08/25/04 224.00
008647 FRATTALLONE'S HARDWARE 23627 08/25/04 3.83 _
004175 GRIGGS COOPER & CO INC 23628 .08/25/04 3,.368.16
004207 HOHENSTEIN'S, INC 23629 08/25/04 1,017.45
004220 JOHNSON BROTHERS LIQUOR 23630 08/25/04 .13,138.54
004230 KUETHER DISTRIBUTING CO 23631 08/25/04 12,081.95
002040 LILLIE SUBURBAN NEWSPAPE 23632 08/25/04 275.00
008254 LMCIT % BERKLEY ADMINIST 23633 08/25/04 2,111.00
004265 MARK VII SALES INC 23634 08/25/04 6,738.05
008494 MINNESOTA MUNICIPAL 23635 08/25/04 3,225.00 -
004299 MPLS. OXYGEN CO. 23636 08/25/04 5.61
008996 NEEDHAM DISTRIBUTING CO 23637 08/25/04 143.20 '
008883 NEW FRANCE WINE COMPANY 23638 08/25/04 97.00
004334 NORTHEASTER 23639 08/25/04 395.00
000045 OFFICE DEPOT 23640 08/25/04 72.79
004354 PAUSTIS & SONS 23641 08/25/04 392.00
004360 PHILLIPS WINE & SPIRITS 23642 08/25/04 3,428.80
004361 PINNACLE DIST. 23643 08/25/04 1,830.44
004376 PRIOR WINE CO 23644 08/25/04 4,759.99
004385 QUALITY WINE CO 23645 08/25/04 5,324.10
004492 QWEST 23646 08/25/04 80.61
008219 QWEST DEX 23647 08/25,/04 389.39
008983 SOULO DESIGN, INC - 23648 08/25/04 195.00
009072 SPECIALTY WINES & BEV. L 23649 08/25/04 405.00
008470 SUN NEWSPAPERS 23650 08/25/04 750.00
008920 T.C. FIELD & COMPANY 23651 08/25/04 211.25
008270 UNITED STATES POSTAL SER 23652' 08/25/04 100.00
008310 WINE MERCHANTS INC 23653 08/25/04 385.22
LIQUOR CHECKING ACCOUNT 79,081.75 ***
ACS FINANCIAL SYSTEM ST. ANTHONY VILLAGE
09/02/2004 09: Check Register GL540R-V06.60 PAGE 1
HANK VENDOR CHECK# DATE AMOUNT
LIQR LIQUOR CHECKING ACCOUNT
004079 CHECKCARE SYSTEMS 23654 08/25/04 62.70
LIQUOR CHECKING ACCOUNT 62.70 ***
�Ira
7 l
ACS FINANCIAL SYSTEM ST. ANTHONY VILLAGE
09/02/2004 09: Check Register GL540R-V06.60 PAGE 1
BANK VENDOR CHECK# DATE AMOUNT
LIAR LIQUOR CHECKING ACCOUNT
..00001 ACE ELECTRICAL CONTRACT 23660 09115/04 464.00
004014 ALLIED PAPER CO. 23661 09/15/04- 63.00 -
008794 ARCTIC GLACIER INC. 23662 09/15/04 -1,716.99
008511 AT&T WIRELESS 23663 09/15/04 139.75
004293 .BELLBOY CORP. 23664. 09/15/04 1,303.03
:00002 BRW ENTERPRISES 23665 09/15/04 240.00 -
004080 CHISAGO LAKES DIST. CO., 23666 09/15/04 2,659.55
008814 CITY WIDE WINDOW SERVICE 23667 09/15/04 39.48
004095 COCA COLA BOTTLING 23668 09/15/04 961.10
008557 DAILEY DATA & ASSOCIATES 23669 09/15/04 149.75 -
004120 EAGLE WINE CO 23670 09/15/04 906.25
004125 EAST SIDE BEVERAGE CO 23671 09/15/04 21,107.30
008697 EXTREME BEVERAGE 23672 09/15/04 364.00
001030 G & K.SERVICES INC 23673 09/15/04 211.78
004175 GRIGGS COOPER & CO INC 23674 09/15/04 6,547.85
004207 HOHENSTEIN'S, INC 23675 09/15/04 1,157.80
004220 JOHNSON BROTHERS LIQUOR 23676 09/15/04 8,442.27.
004230 KUETHER DISTRIBUTING CO 23677 09/15/04 26,019.10
004265 MARK VII SALES INC 23678 09/15/04 5,815.30
008263 MCLEOD USA, INC. 23679 09/15/04 250.29
009084 MUZAK - NORTH CENTRAL 23680 09/15/04 47.93
008883 NEW FRANCE WINE COMPANY 2368109/15/04 258.00
004354 PAUSTIS & SONS 23682 09/15/04 524.50
004360 - 'PHILLIPS WINE & SPIRITS 23683 09/15/04 2,754.00
004361 PINNACLE DIST. 23684 09/15/04 1,614.88 -
004376 PRIOR WINE CO 23685 09/15/04 1,448.05
004385 QUALITY WINE CO 23686 09/15/04 3,455.29
008888 VALPAKOF MINNEAPOLIS-ST 23687 09/15/04 1,500.00
008316 WINE COMPANY/THE 23688 09/15/04 190.70
008310 WINE MERCHANTS INC 23689 09/15/04 899.51
.00003 WINE SPECTATOR 23690 09/15/04 45.00
004499. WORLD CLASS WINES, INC. 23691 09/15/04 92.00
002680 XCEL ENERGY 23692 09/15/04 2,813.56
LIQUOR CHECKING ACCOUNT 94,202.01 ***
C. �� DORSE %, 17
DORSEY & WHITNEY LLP
MEMORANDUM
TO: Acting Mayor and Members of the City Council
Michael Mornson, City Manager
FROM: Jerome P. Gilligan
DATE: September 8, 2004
RE: Proposed Multifamily Rental Housing Revenue Bonds
The City has received a request from St. Anthony Leased Housing Associates I
Limited Partnership (the "Borrower") that the City issue revenue bonds under Minnesota
Statutes, Chapter 462C, the proceeds of which will be loaned by the City to Borrower and used
to finance the rental housing development containing approximately 261 rental units to be
constructed as part of the Silver Lake development. The Borrower is a single purpose entity
limited partnership formed by Dominium Development in connection with the proposed
development. The City Council will hold a public hearing on the issuance of the revenue bonds
at its September 14th meeting.
The bonds are proposed to be issued in up to four series in the aggregate
principal amount of up to $39,500,000. Two of the series of bonds will be secured by a credit
and liquidity support to be provided by a letter of credit or other credit facility to be issued°by
LaSalle Bank, one of the series of bonds will be secured by a credit and liquidity support to be
provided by a letter of credit or other credit facility to be issued by Bremer Bank, and the
remaining series of bonds, if issued, will be sold to qualified investors. The debt service on the
bonds will be payable solely from payments to be made by the Borrower. The City will not have
any liability with respect to the bonds. The Borrower will pay all City expenses with respect to
the bonds, and upon issuance of the bonds will pay the City a fee equal to 1% of the principal
amount of the bonds in accordance with the City's recently adopted guidelines for issuance of
revenue bonds.
Representatives of the Borrower will attend the September 14th City Council
meeting to respond to any questions concerning the proposed bonds. To proceed with the
proposed bond issue following the public hearing, the Council should adopt the resolution
approving the issuance of the bonds and approving the housing program for the proposed
development and its financing prepared in accordance with Minnesota Statutes, Chapter 462C.
DORSEY&WHITNEY LLP
18
RESOLUTION NO. 04-061
RESOLUTION AUTHORIZING THE SALE AND ISSUANCE
OF VARIABLE RATE DEMAND MULTIFAMILY HOUSING
REVENUE BONDS (THE LANDINGS AT SILVER LAKE
VILLAGE PROJECT), SERIES 2004; ESTABLISHING THE
SECURITY THEREFOR AND AUTHORIZING THE
EXECUTION OF DOCUMENTS
BE IT RESOLVED by the City Council of the City of St. Anthony, Minnesota(the
"City'), as follows:
Section 1. Recitals.
1.01. The City has by resolution adopted June 22, 2004, given preliminary approval to
the issuance of its Variable Rate Demand Multifamily Housing Revenue Bonds (The Landings at
Silver Lake Village Project) in one or more series in an amount not to exceed$37,500,000 for
the purpose of making a loan to St. Anthony Leased Housing Associates I, Limited Partnership, a
Minnesota limited partnership (the"Borrower"). Following such preliminary approval, the City
applied for and received an allocation of bonding authority pursuant to Minnesota Statutes,
Chapter 474A in the amount of$36,000,000 (the "Initial Allocation").
1.02. The City subsequently called for a public hearing on(i) a proposal that the City
issue tax-exempt revenue bonds,in one or more series (the"Bonds"),not to exceed$39,500,000
(including the Initial Allocation)in principal amount,under Minnesota Statutes, Chapters 462A
and 462C, as amended (the"Act") and, as to any tax-exempt series, Section 142(d) of the
Internal Revenue Code of 1986, as amended(the "Code"), in order to finance a project (the
"Project") on behalf of the Borrower and(ii) a housing program prepared with respect to the
Project and its financing (the"Housing Program"). The proposed Project consists of a
multifamily housing.facility consisting of approximately 261 units. The Project is located at the
former Apache Plaza Mall site in the City.
1.03 The City expects to issue the Bonds in three series: its Variable Rate Demand
Multifamily Housing Revenue Bonds (The Landings at Silver Lake Village Project), Series
2004A(the"Series 2004A Bonds"); its Taxable Variable Rate Demand Multifamily Housing
Revenue Bonds (The Landings at Silver Lake Village Project), Series 2004B (the "Series 2004B
Bonds"; together with the Series 2004A Bonds, the"Senior Bonds") and its Subordinate
Variable Rate Demand Multifamily Housing Revenue Bonds (The Landings at Silver Lake
Village Project), Series 2004C (the"Series 2004C Bonds") and may issue its Subordinate
Multifamily Housing Revenue Bonds (The Landings at Silver Lake Village Project), Series
2004D (the"Series 2004D Bonds").
19.
1.04. LaSalle Bank National Association (the "Senior Bank")has agreed, subject to the
satisfaction of certain conditions, to facilitate the financing of the Project by providing credit
enhancement and liquidity support for the Senior Bonds pursuant to a credit facility.
1.05. A national banking association(the"Subordinate Bank") is expected to agree, n
subject to the satisfaction of certain conditions, to facilitate the financing of the Project by
providing credit enhancement and liquidity support for the Series 2004C Bonds pursuant to a
credit facility.
1.06. Draft forms of the following documents relating to the Bonds have been prepared
and submitted to this Council and are hereby directed to be filed with the City Clerk:
(a) a Loan Agreement (the"Senior Loan Agreement"),respecting a loan of
the proceeds of the Senior Bonds,proposed to be entered into by the City and the
Borrower;
(b) an Indenture of Trust(the"Senior Indenture")proposed to be entered into
with respect to the Senior Bonds by the City and LaSalle Bank National Association, as
trustee (the "Trustee");
(c) a Bond Purchase Agreement(the"Senior Bond Purchase Agreement"),
proposed to be entered into with respect to the Senior Bonds by the City,the Borrower
and Dougherty& Company LLC (the"Underwriter");
(d) Subordinate Loan Agreements (the"Subordinate Loan Agreements";
together with the Senior Loan Agreement, the "Loan Agreements") respecting a loan of
the proceeds of the Series 2004C Bonds and the Series 2004D Bonds,respectively,
proposed to be entered into by the City and the Borrower;
(e) Subordinate Indentures of Trust (the"Subordinate Indentures"; together
with the Senior Indenture, the"Indentures")proposed to be entered into with respect to
the Series 2004C Bonds and the Series 2004D Bonds,respectively,by the City and the
Trustee;
(f) a Subordinate Bond Purchase Agreement(the "Subordinate Bond
Purchase Agreement"; together with the Senior Bond Purchase Agreement, the"Bond
Purchase Agreements")proposed to be entered into with respect to the Series 2004C
Bonds and the Series 2004D Bonds by the City, the Borrower and the Underwriter;
(g) a Tax Compliance Agreement(the"Tax Compliance Agreement")
proposed to be entered into by the City, the Borrower and the Trustee;
(h) a Master Subordination Agreement(the"Subordination Agreement")
proposed to be entered into by the Borrower, Trustee, Senior Bank, Subordinate Bank,
Issuer and certain other parties; and
-2-
Z®
(i) An Assignment of Mortgage, Security Agreement, Assignment of Leases
and Rents and Fixture Filing(the "Mortgage Assignment");
(j) An Assignment of Assignment of Rents and Leases (the"Assignment of
Assignment");
(k) an Assignment of Rents and Leases (the"Assignment of Leases");
(1) A Disbursing Agreement(the "Disbursing Agreement");
(m) A Mortgage, Security Agreement, Assignment of Leases and Rents and
Fixture Filing(the"Mortgage"); and
(n) an Official Statement or other offering document (the"Official
Statement") to be used in connection with the offer and sale of the Bonds by the
Underwriter.
1.07. At a public hearing, duly noticed and held on the date hereof, in accordance with
Minnesota Statutes;Section 462C.05, subdivision 5 and Section 147(f)of the Internal Revenue
Code of 1986, as amended, on the proposal to issue the Bonds and approve the Housing
Program, all parties who appeared at the hearing were given an opportunity to express their
views with respect to such proposal and interested persons were given the opportunity to submit
written comments to the City Clerk before the date of the hearing.
Section 2. Findings.
It is hereby found, determined and declared that:
(a) It is desirable that the Bonds be issued by the City upon the terms set forth in this
resolution and the Indentures,under the provisions of which the City grants to the Trustee under
the Indentures a security interest in certain revenues and payments to be received by the City
under the Loan Agreements as security for the payment of the principal of,premium, if any, and
interest on the Bonds.
(b) The payments required to be made to the Trustee pursuant to the Loan Agreements
are fixed, and are required to be revised from time to time as necessary, so as to produce income
and revenue sufficient to provide for prompt payment of principal of and interest on all Bonds
issued under the Indentures when due; and the Loan Agreements also provide that the Borrower
is required to continue to pay all expenses of the operation and maintenance of the Project,
including but without limitation, adequate insurance thereon and insurance against all liability
for injury to persons or property arising from the operation thereof, and all taxes and special
assessments levied upon or with respect to the site of the Project and payable during the term of
the Loan Agreements.
-3-
21
(c) The execution and delivery of the documents referred to in Section 1.06 (together
with all such other documents as are necessary in connection with the Bonds,the"Bond
Documents") and all other acts and things required under the Constitution and laws of the State
of Minnesota to make the Bond Documents and the Bonds valid and binding special, limited
obligations in accordance with their terms, are authorized by the Act..
Section 3. Authorization and Approval of Bond Documents. The City is hereby
authorized to issue the Bonds to provide funds, to be used,with other available funds, to finance
the Project and pay costs of issuance of the Bonds, and to pledge and assign the Loan
Agreements and the loan repayments due thereunder, all as provided in the Loan Agreements
and the Indentures. It is acknowledged that the purchase price of the Bonds, the principal
amount of the Bonds, the initial reoffering prices of the Bonds, the maturity schedule of the
Bonds, the provisions for redemption of the Bonds and the initial interest rate on the Bonds have
not been determined as of the date of adoption of this resolution and are not reflected in the
Indentures,-the Loan Agreements or the Bond Purchase Agreements. The Mayor Pro tem and
the City Manager are hereby authorized to approve: (1)the purchase price of the Bonds; (2) the
principal amount of the Bonds (as hereinafter defined); provided that the aggregate principal
amount of the Bonds is not in excess of$39,500,000; (3) the initial reoffering prices of the
Bonds; (4) the maturity schedule of the Bonds; (5) the provisions for redemption of the Bonds;
and (6) the initial interest rate on the Bonds. The approval of such officers of the terms of the
Bonds shall be conclusively presumed by the execution of the Bond Purchase Agreements by
said officers.
The forms of the Bond Documents and the Bonds are approved, subject to such
modifications as are deemed appropriate and approved by the Mayor Pro tem and City Manager,
within the limitations provided in the immediately preceding paragraph,which approval shall be
conclusively evidenced by execution of the Bond Documents by the Mayor Pro tem and the City
Manager. Copies of all the documents shall be delivered, filed or recorded as provided therein.
The Mayor Pro tem, the City Manager and the City Clerk are also authorized and directed to
execute such other instruments as may be required to give effect to the transactions herein
contemplated.
Section 4. Official Statement. The City hereby consents to the use of the Official
Statement by the Underwriter in connection with the offer and sale of the Bonds to potential
investors. The City has consented to the distribution of the Official Statement,but did not
prepare the Official Statement, and has not reviewed the financial disclosures of the Borrower or
approved any information or statements contained in the Official Statement or the Appendices
thereto and assumes no responsibility for the sufficiency, completeness or accuracy of the same.
The City Manager is authorized to deem the Official Statement"final'as of its date for purposes
of SEC Rule 15c2-12.
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22
Section 5. The Bonds.
5.01. In anticipation of the receipt of the loan repayments from the Borrower, the City
shall proceed forthwith to issue its Bonds in the form and upon the terms set forth in the
Indentures or established pursuant to this resolution.
5.02. The Mayor Pro tem and the City Manager are authorized and directed to prepare
and execute the Bonds as prescribed herein and in the Indentures and to deliver them to the
Trustee, together with a certified copy of this resolution, the other documents required in the
Indenture, and such other certificates, documents and instruments as may be appropriate to effect
the transactions herein contemplated. The Trustee is hereby appointed authenticating agent for
the Bonds pursuant to Minnesota Statutes, Section 475.55, Subdivision 1.
Section 6. Housing Program. The Housing Program is hereby approved.
Section 7. Application for Bond Issuance Allocation. The Mayor Pro tem and City
Manager, in consultation with the Borrower, are authorized to execute the necessary documents
on behalf of the City to apply for a further allocation of bonding authority for the Project
pursuant to the provisions of Minnesota Statutes, Chapter 474A.
Section 8. Absence of Officers. In the absence or disability of the Mayor Pro tem, any of
the documents authorized by this resolution to be approved and executed by the Mayor Pro tem
may be so approved and executed by the acting Mayor Pro tem. In the absence or disability of
the City Manager, any of the documents authorized by this resolution to be approved and
executed by the City Manager may be so approved and executed by the person designated as
acting City Manager or by such other officer of the City who, in the opinion of the City Attorney,
may execute such documents.
Section 9. Authentication of Proceedings. The Mayor Pro tem, the City Manager, the
City Clerk and other officers of the City are authorized and directed to furnish to the Underwriter
and bond counsel certified copies of all proceedings and records of the City relating to the
Bonds, and such other affidavits and certificates as may be required to show the facts relating to
the legality and marketability of the Bonds as such facts appear from the books and records in
the officers' custody and control or as otherwise known to them; and all such certified copies,
certificates and affidavits, including any heretofore famished, shall constitute representations of
the City as to the truth of all statements of fact contained therein.
Section 10. Limitations of the City's Obli gations. Notwithstanding anything contained
in the Bonds or the Bond Documents, the Bonds shall not constitute a debt of the City within the
meaning of any constitutional or statutory limitation, and shall not be payable from nor shall
constitute a charge, lien or encumbrance, legal or equitable, upon any funds or any property of
the City other than the revenues specifically pledged to the payment thereof pursuant to the Bond
Documents, and no holder of the Bonds shall ever have the right to compel any exercise of the
taxing power of the City to pay the Bonds or the premium,if any, or interest thereon, or to
enforce payment thereof against any property of the City other than those rights and interests of
-5-
23
the City which have been pledged to the payment thereof pursuant to the Bond Documents. The
agreement of the City to perform the covenants and other provisions contained in this resolution
or the Bonds or the Bond Documents shall be subject at all times to the availability of the
revenues furnished by the Borrower sufficient to pay all costs of such performance or the
enforcement thereof, and the City shall not be subject to any personal or pecuniary liability
thereon.
Approved this 14th day of September, 2004.
Mayor Pro tem
Attest:
City Clerk
-6-
Metropolitan Council 24
September 3,2004
Tim Marx
Commissioner
Minnesota Housing Finance Agency
400 Sibley Street, Suite 300.
St. Paul,MN 55101
RE: City of St. Anthony
Multifamily Housing Revenue Bond Program—
The Landings at Silver Lake Project
Metropolitan Council Review File No. 19303-1
Dear Mr. Marx:
The City of St. Anthony has submitted for our review pursuant to Minnesota Statutes Chapter 462C, a
proposed housing bond program for the Landings at Silver Lake Project. The program proposes to issue
$39.5 million in tax-exempt revenue bonds to finance the acquisition, construction, and equipping of a
261-unit apartment complex in St. Anthony.
This housing is only one of several components-residential, office, retail, and park that make up the city's
redevelopment effort for the 53.acre Apache Plaza redevelopment site at approximately.38`'Avenue
North and Silver Lake Road. The 261 units in this program including 80 units specifically for households
55 years of.age and older; are only a portion:of the 660 units expected in the overall redevelopment effort.
Twenty percent of the units in the landings will be affordable to households at 50 percent of area median
income. The Landings will be developed at about 50 units per area in three-story structures,with parking
underground at 2401, 2403, 2405, and 2407 39`h Avenue NE.
This new mixed-income rental housing in St. Anthony is consistent with both local and regional plans.
The 2030 Framework encourages the development of life-cycle housing options throughout the region,
and, in particular, in redevelopment or infill situations in older neighborhoods. As a participant in the
Livable Communities Local Housing Incentives Program,and consistent with its LCA and
comprehensive plan housing goals, this housing will further life-cycle housing options and add both
market rate and affordable rental units in the city. The use of this type of fiscal tool to develop affordable
and lifecycle housing is also delineated in the city's LCA Action Plan and comprehensive plan.
In 2001,the Metropolitan Council awarded the city a Smart Growth Twin Cities Opportunity Site grant
for this project of$120,000 for assistance in the planning costs of the project.
If you e qu ons,please,call me at 651/602.1418.
S' cere
uy D. eterson
Planning Analyst
cc: L:Mike 1VIo>ns n, Gi.Gy of t:= hony
Jennifer Hanson,Dorsey&Whitney
www.mete'i�' G41�.gp�tDATA1 USERSISHAREDI LIBRARYIrOMMUNDV\PETERSON120041H sgElemReview1090104 si ver lake landings Itr to iim marx. gtro Info Line 602-1888
230 East Fifth Street • St.Paul,Minnesota 55101-1626 • (651)602-1000 • Fax 602-1550 • TTY 291-0904
An Equal Opportunity Employer
25 .
Report to City Council
Date: September 14, 2004
From: Perry Thorvig, Consultant Planner
Subject: Silver Lake Village Developments
Required Action: None—Briefing Only
This report is intended to bring you up to date on selected developments in and adjacent
to the Silver Lake Village PUD project. The briefings include information about the
Equinox Apartments, Wendy's, and Applebee's. No Council action is required. I will be
at the meeting to answer questions related to these projects.
Equinox Apartments
This apartment development borders the Silver Lake Village PUD on the north and
northwest side. It is within the PUD zoning district. The apartment complex was built in
the 1970s. The project is undergoing an extensive interior renovation. The owners are
also planning to demolish and rebuild the garages on the site and relocate site access to.
open up views to the main building entrances from the Cub parking lot and the park.
These garages have formed a very unattractive `fortress' type of wall that has separated
the apartments from the Apache Plaza development. The project architects have
proposed several openings in the long garage facades, redesigning the roofs, and adding
brick to the exterior walls that face the Cub parking lot and the new park.
Because the development is within the PUD zoning district, it requires review by the
City's Design Review Committee. The City's Design Review Committee has provided
feedback to the architects. They have incorporated the suggestions of the Design Review
Committee and submitted plans for approval. The committee has approved the plans.
The rebuilding of the garages will begin this fall.
Wendy's
A new Wendy's restaurant will occupy the site of the former Taco Bell. Taco Bell was
demolished during the last week in August.
The Wendy's representatives have had at least two discussions with the Development
Review Committee concerning their site plan, building elevations, exterior materials, and
other aspects of the building's appearance.
It will be a fairly standard Wendy's building that has been customized, somewhat, to
meet the site size and to be compatible with the materials in the rest of the project. A
26
reddish brick that follows the color theme for the whole project will be the dominant
material in the restaurant. Their freestanding sign will be no taller than the city's 8-foot
limit.
The Development Review Committee has approved the plans. Construction will begin
immediately.
Applebee's
An Applebee's restaurant will occupy the restaurant pad shown in the approved PUD
plan behind the video store on a site created on the drained pond on the east side of the
Cub parking lot.
This project is not on as fast a track as the Wendy's project. The Applebee's restaurant
will be about 5,000 sq. ft. They may do some of the parking lot construction this fall.
However,the building will not be open until after the first quarter of next year.
No final plans have been submitted to the Design Review Committee for approval at this
time.
26.5
REQUEST FOR COUNCIL CONSIDERATION
Report Date: September 8, 2004
Agenda Section: VI, C
Meeting Date: September 14, 2004
ITEM DESCRIPTION:
Update on Restaurant for St. Anthony Market Redevelopment
MANAGER'S REVIEW:
Per the development agreement with Amcon under Section 2.3 —
Restaurant Unit, here is the most up-to-date information:
1) Amcon shall.use its best efforts to lease the restaurant to a third
party for use as a restaurant with a'liquor license and charitable gambling
by September 1, 2004.
2) If this does not happen, then Amcon needs to provide the City on
or before this date a written summary of its efforts to obtain such a lease
and thereafter keep the City reasonably informed until September. 2, 2005.
3) If no restaurant is in place by September 1 , 2005, the City can
exercise its option to purchase the restaurant and related condominium for
$100, exercisable. at any time on or after September 1 , 2005, if such
restaurant lease has not then yet commenced or such tenant has not then
opened for business pursuant to such restaurant lease in compliance with
the development agreement.
�un' �,(d�r�A A ,Q
Michael Mornson
City Manager
27
REQUEST FOR COUNCIL CONSIDERATION
Report Date: September 7, 2004
Agenda Section: VI, D
Meeting Date: September 14, 2004
ITEM DESCRIPTION:
St. Anthony-New Brighton School District #282 Blue Ribbon Finance
Committee.
MANAGER'S REVIEW:
The School Board is creating a Blue Ribbon Committee to evaluate
educational delivery'strategies for ISD 282.
The committee will meet approximately five (5) times between the start of
the 2005 session.
This is a request for the City Council to appoint one member to the Blue
Ribbon panel.
Michael Mornson
City Manager
28
St.Anthony-New Brighton School District#282
Blue Ribbon Finance Committee
Charge Statement
History
There can be various chapters in the life of a school district that imply changes of major significance.
It would seem that to-date the St. Anthony-New Brighton School District has three chapters in its
history.
The beginning of the first chapter was the original creation of the school district in the 1870s. The
second chapter would begin in 1957 with the response to the rapid population growth within the school
district boundaries, which necessitated moving from a K-6 to a comprehensive K-12 school district and
constructing a junior high/senior high building in 1961. The third chapter began in 1988 with the
decision to use the open enrollment option as a means to deal with the ongoing decline of the district's
resident student population and the subsequent loss of revenue and student academic programs and
services. Following the historical highpoint of 2,193 students in the 1970-71 school year,the district
bottomed out at 979 students in the 1989-90 school year: Due to the decision to remain as'a K-12
school district and use open enrollment to increase the student population,the school district has
continued to operate independently since that time. Student enrollment growth has been steady and is
projected to reach 1,670 students in 2004-05,putting the district at maximum student capacity.
Up until this point in time,the school district has remained academically and financially strong due in
large part to prudent fiscal management including maximization.of student enrollment and operational
levy authority. However, a fourth chapter may now be unfolding which may require some defining
change. Circumstances impacting the school district have created financial challenges caused in large
Part by:
ongoing inadequate funding from the State Legislature that has not kept pace with
inflation,
increased un-funded and under-funded mandates from the state and federal government,
e.g.,No Child Left Behind, special education, etc.,
=> an increasing number of educational options for families, and
rapidly escalating insurance costs.
Blueprint Planning Process
Beginning in the fall of 2001, the St. Anthony-New Brighton School District has been engaged in
Blueprint for a Bright Future,a three-phase process that the school district is using for planning. This
process examined thirteen operational components of the school district through the use of a task force
for each component. In the fall of 2002 the school board formed an additional committee called the
Citizens Ad Hoc Finance Committee to evaluate.specific levy options including excess levies, a
technology levy, health.and safety levies, and levies for facilities improvements. This Committee
presented its findings to the school board on July 8, 2003. With respect to short-term budget issues,
the Committee recommended several levy options and also recommended that"the school board and
administration promptly commence a study and develop a plan for alternative educational delivery
strategies to maintain and promote quality educational programs at reduced costs" (report Section F,
Recommendation V).
August 2004
29
In subsequent work sessions on November 25, 2003, and March 20, 2004, the school board determined
that it would establish a Blue Ribbon Committee to conduct the study that was recommended by the
Citizens Ad Hoc Finance Committee.
Blue Ribbon Committee
The school board outlined roles, responsibilities, and composition of the Blue Ribbon Committee as "
follows:
1. Charge Statement—The committee shall study and evaluate alternative educational delivery
strategies for ISD#282 that maintain and promote quality educational programs at reduced
costs, while preserving the independent,unique, and special aspects of ISD.#282.as a place of.
learning.
2. Composition—The Committee shall consist of members of the school board and residents of
the St. Anthony-New Brighton School District. Outside expertise may be invited to provide the
committee with information and assistance. Total membership shall be 12-15 and shall
specifically include:
=> School board members
=> Community members
=> Staff 1 (Superintendent)
As needed:
Legislators: 1-2
=> Subject matter or"think tank" experts: 1 72
3. In scope—The Committee scope shall include evaluating the following:
Alternative delivery mechanisms
=> Public-private partnerships
Alternative organizational structures (except for those deemed out of scope)
=> Alternative funding options pursued through the Legislature
4. Out of scope—The Committee scope shall not include evaluating the following:
=> Merger or consolidation of the school district.
Timeline
The Blue Ribbon Committee should complete its work and issue its report in time for the School
District to work with its legislators prior to the 2005 Legislative Session.
The District intends to ask the public to re-authorize the existing excess levies via referendum in
November 2005. The Blue Ribbon Committee's report and recommendations are key to the success of
that referendum.
August 2004
MEMORANDUM
DATE: September 8, 2004
TO: Mayor and City Council Members
FROM: Mike Momson, City Manager
Roger Larson, Finance Director
ITEM: PROPOSED 2005 BUDGET
Attached is the 2005 proposed General Fund budget. The budget reflects a dollar
increase of$192,600. The numbers reflect a 2% increase in wages, and an additional
$30.00 per month employer health insurance contribution.
A breakdown of the increases is as follows:
Personnel Costs $ 80,400.00
Line Item Adjustments $ 38,200.00 (Inflationary Adjustments)
Parks/Lighting Costs $ 20,000.00
Community Services $ 54,000.00
$192,600.00
New to the budget this year:
1) The Parks budget was increased$20,000.00 to reflect the costs of lighting
Central Park. In checking with other Communities that have similar size
parks, their annual lighting costs were approximately $20,000 - $25,000.
2) Community Services transfer totaling $54,000.00. This line item reflects
Council support of funding the School District's lost "Grandfather Levy" for
parks and recreation. Council agreed to fund 1/2 the cost in 2004 ($27,000.00)
and $54,000.00 in 2005 & 2006.
Without the addition of-those two expenditures the proposed budget would reflect an
increase of$118,600.
In addition, all Departments have submitted their capital equipment requests (total
expenditures are $193,800). Funding comes from various sources including the police
contracts, a water/sewer transfer, water filtration interest earnings and fund balance
reserves.
Review of the General Fund Levy: (no levy limits are in affect for 2005)
The proposed General Fund levy for 2005 totals $2,488,357. This represents a dollar
increase of$159,321 (without the addition of the Central Park lighting costs and the
Community Services transfer the increase would have been $85,321).
Special levies:
With adding the cost of the 2004 road improvement project to the levy, the line item is up
$158,294. For your review, attached is a summation of the General Fund and Special
Levies for the last four years.
Total Levy:
The total levy shows an increase of$319,395 over last years levy. The increases are as
follows:
General Fund Levy $159,321
Road Improvement Levy $158,294
Certificate of Indebtedness $ 4,100
Lease Revenue Bonds ($ 3,990)
Tax Abatement—Central Park 1,670
$319,395
Summary:
The information necessary to calculate the tax rate and the affect the levy will have on
property taxes is not available until October of each year. At the time, the County will
provide us with our citywide valuation numbers and St. Anthony's distribution from the
Fiscal Disparities Pool.
Truth-in-Taxation:
This year, St. Anthony's.Truth-in-Taxation hearing is scheduled for Tuesday, November
30th. If necessary to reconvene, the regular Council Meeting on Tuesday, December 14`h
will be held on Monday, December 13` .
City of St . Anthony
2005 Budget
GENERAL FUND
REVENUES 2004 2005
BUDGET BUDGET
Property Tax Collections $2,339,536 $2,498,857 6.81%
Licenses $11,100 $12,000 8.11%
Permits $120,600 $127,200 5.47%
Intergovernmental Revenue $213,900 $214,700 0.37%
Contract Revenue(Lauderdale/Falcon Heights) $668,848 $688,043 2.870/6.
Charges for Service (Fines) $95,000 $9000 0.00%
Miscellaneous Revenues $127,416 $130,700 2.58%
Transfers & Miscellaneous Revenues $200,000 t202.5OO 1.25%
GENERAL FUND TOTAL REVENUES $3,776,400 $3,969,000 5.10%
EXPENDITURES 2004 2005
BUDGET BUDGET
Mayor/City Council $46,900 $48,300 2.99%
Public/Intergovernmental Relations $21,000 $22,700 8.10%
Cable Franchise $22,200 $23,100 4.05%
General Management $80,200 $82,600 2.99%
Elections $25,400 $26,200 3.15%
Finance, Insurance/Accounting $226,400 $233,300 3.05%
Finance, Assessing $42,200 $43,500 3.08%
Legal $85,000 $87,800 3.29%
Engineering, Planning/Zoning $2,600 $2,700 3.85%
City Building $122,600 $127,300 3.83%
Civil Defense/Emergency Management $45,800 $47,500 3.71%
Police Protection $1,095,200 $1,128,100 3.00%
Lauderdale/Falcon Heights Contracts $584,800 $603,800 3.25%
Fire Protection $589,500 $608,900 3.29%
Inspections, Building/Plumbing/Heating/Health $76,400 $78,900 3.27%
Animal Control $4,200 $4,300 2.38%
Public Works $422,600 $435,600 3.08%
Public Works, Maintenance/Repair Equipment $126,100 $130,100 3.17%
Tree and Weed Care $28,200 $29,700 5.32%
Parks $129,100 $150,600 16.65%
Transfers to Community Services $0 $54,000 100.00%
GENERAL FUND TOTAL EXPENDITURES $3,776.400 $3.969.000 5.10%
Budget Increase$192,600
Levy Increase $159,321
Where Do My Property
Taxes Go ?
County 31 .9%
0 City 35 .4%
School Levies 25 .4%
Other Levies 5 .9%
Recycling/Waste 1 .4%
General Fund Budget/Levy
2004 2005 Dollar
Budget Budget Decrease
$3 ,776,400 $3 ,969,000 $ 192,600
2004 2005 Dollar
Levy Levy Increase
$2,329,036 $2,488,357 $ 159,321
2005 General
REVENUES
Misc. Transfers
Fines
30.302.4% 5. 1 %
%
Contracts
17.3%
Intergov't
Revenue- Tax Levy
5.4% License & 63.0%
Pe rmits
3.5%
2005 General Fund
EXPENDITURES
Parks General Godt Finance &
5.2% 8.4% Insurance
Public Works 5.9%
18.2 OYO) Inspections
2.1
Fire
16.5% Contracts Police
15.2% 28.5%
�00�
Capital Equipment Funding: (2005)*
Revenues:
Police Contracts $ 36,100
Water/Sewer . $ 60,000
Water Filtration Interest Earnings $ 50,000
Trade/Sale of Existing Equipment* $ 10,000
Fund Balance Reserves 37,700
Total Available for Capital Equip $193,800
*Due to the redevelopment of the Stonehouse and SAV I the liquor
transfer into the capital equipment fund is not available in 2005.
Expenditures:
Police:
Three Squad Cars (1 Unmarked) $ 71,000
Teardown/Building of New Squads $ 5,000
Equipment Replacement $ 4,000
Replacement of Computers (6) $ 12,000
Copy Machine 13,000
Total Police $1059000
Fire:
.Staff Vehicle $46,300**
Appliance Replacements $ 1,500
Hose Replacement $ 1,200
Pagers $ 1,500
Documents Shredder $ 300
Fax 500
Total Fire $519300
"Summary of Costs:
F350 Crew Cab Pickup $23,700
Rear Body Tool Box $ 9,500
Paint/Fire Decals $ 400
Emergency Lights/Sirens $ 5,400
Radio/Equipment 7,300
Total Vehicle $46,300
Public Works:
1-Ton Truck (Street Department) 30,000
Total Public Works $ 309000
Admin/Finance:
Office Equipment/Chair Replacement $ 3,000
Color Printer (Assistant City Manager) $ 1,500
Misc. Network Upgrades 3,000
Total Admin/Finance $ 79500
Total Capital Equipment $193,800 .
CITY OF ST ANTHONY
RESOLUTION#04-062
A RESOLUTION SETTING THE CITY OF ST. ANTHONY PROPOSED 2005 TAX LEVY
AND BUDGET IN COMPLIANCE WITH THE TRUTH IN TAXATION ACT
WHEREAS, State Law requires that the City of St. Anthony provide Hennepin
and Ramsey Counties with a proposed certified 2005 tax levy
and budget; and
WHEREAS, the City Council discussed the proposed 2005 budget at its August 10th, 2004,
work session; and
WHEREAS, the furnishing of this proposed tax levy and budget is made contingent upon any
revisions being allowed if the current law is modified; and
WHEREAS, _ the information required for the City Council to determine a definitive tax levy
will be determined when the City of St. Anthony holds its public hearing on
Tuesday, November 30th, 2004; and if necessary holds its reconvening hearing on
Monday, December 13th, 2004;
NOW,THEREFORE, BE IT RESOLVED that:
1) The collectible 2005 proposed property tax levy is:
General Fund Property Tax Levy $ 2,488,357.00
Road Improvement Levy $ 627,312.32
Certificate of Indebtedness—Fire Truck $ 89,600.00
Lease Revenue Bonds/Public Facilities $ 391,477.00
Housing&Redevelopment Authority Levy $ 55,500.00
Tax Abatement Levy -Central Park Bonds $ 30,013.00
PERA Rate Increase Levy $ 7,500-00
Total 2005 Proposed Tax Levy $3,689,759.32
2) The 2005 General Fund Proposed Budget totals $3,969,000
Adopted this day of , 2004
ATTEST: Mayor Pro-Tem
City Clerk
Reviewed for administration: City Manager
2005 Budget - Bullet Points:
1) Fire — 350 Pickup Truck
o Replacing aging utility vehicle with pickup truck.
o This vehicle will respond to emergency/medical
calls.
o Large pumper truck will be used for fire
suppression and not used for routine duties, such
as inspections or code enforcement.
o More efficient and less costly to operate than a
pumper truck.
2) Fire/Police Training
o These Departments are no longer able to receive
free medical training through Hennepin County.
o Increases training costs will impact this and
future budgets.
3) 800 MHz. Radio System
a. Cost of the new radio system is a significant
- increase over the old VHF system.
4) New Public Works Facility
a. Repair and maintenance costs will be reduced.
b. Increase in employee moral.
c. Enhanced public image.
d. More efficient way of performing maintenance
on our vehicles and equipment.
e. Winter/Summer equipment will be stored indoors
without having to devote manpower to
dismantling it for storage.
5) Tax Increment Finance
a. City Hall/Community Services Building debt is
paid off.
b. Kenzie Terrace District was decertified.
i. Added $335,500 in taxable valuation.
ii. Cost savings was $65.10 per household.
c. Hellickson Dental TIF District
i. Last payment is December of 2004
ii. Potential exists to-decertify.
111. Will ad additional taxable valuation.
6) Redevelopment (More Parcels Pay the Tax Burden)
a. Culvers
b. Walgreens
c. Stonehouse/Amcon Project
i. 26,000 Retail Space
ii. 9,000 will be new SAV II Store
iii. Projected Valuation =$1,700,000
iv. Property Taxes = $60,000
7) Parks
a. Increased demand for use of City parks and
related recreation.
b. Considerable resources were used for the
redevelopment of Central Park ($2.7 million).
c. Cost increased because of additional maintenance
and the. lighting-of the ball fields.
d. The park budget was increased by $20,000.
i. Establishing additional user fees may be
implemented to recapture costs.
8) Community Center Transfer
a. Tax Reform caused the School District lose is
ability to levy for parks and recreation (called
"Grandfather Levy").
b. After joint meetings with the School District, the
City Council opted to support the $54,000 levy
and transfer the funds to the School District.
c. Cost to residents = about $5.00 a year.
d. More cost effective than establishing a Park and
Recreation Department.
9) Buildiniz Permits
a. Significant growth in revenues has occurred .
because of the redevelopment of Apache.
b. First 6 months of 2004 = $104,500.
c. Additional funds (SAC & WAC Fees) will be
used to offset infrastructure/roads improvements.
d. This revenue will be funneled back into the
budget process.
10) Liquor Operations
e. As part of.redevelopment, the City will have 2
new Off-Sale liquor stores.
f. Sales at the new SAV I .store are running higher
than the old store.
g. New SAV II will be completed by October.
h. Current SAV II picked up over 50% of Store I
while it was closed.
i. Profits from the stores: (City will continue its
commitment to fund)
i. Park Improvements.
ii. Capital Equipment.
iii. Other City Improvements.
11) Road Improvements
a. Many of the older roads in the Village were
completed using a small layer of rock over clay
and covered with black top (the complete .
roadway was about 6 inches).
b. The efforts to maintaining the roads in the 60's,
70's and.80's, consisted of seal coating and
patching holes (often times year after year).
c. With many of the streets in need of major repair,
in 1993, the City Council made a commitment to
redevelop the roads in the Village.
d. Current road improvements often include
replacement of the stormwater system (10 feet
down).
e. Often they address water drainage, street lighting
and curb/gutter improvements.
45
DJRSL•'Y & WHI INEY LLP
MEMORANDUM
TO: Acting Mayor and Members of the City Council
Michael Mornson, City Manager
FROM: Jerome P. Gilligan
DATE: September 7, 2004
RE: Mayoral Vacancy
Vacancies in elective offices of the City are governed by Minnesota Statutes, Section
412.02, Subdivision 2a. The statute provides that a vacancy in an office "shall be filled by
council appointment until an election is held as provided in this subdivision. Although the
statute does not mandate when the appointment must be made, any vacancy in an elective
office should be filled by the,City Council within a reasonable period of time.
The Council may appoint any individual to fill a vacancy in elective office who is
otherwise eligible for election. Under state law, this means the person selected must be at least
21 years of age, a citizen of the United States, a resident of the state for at least 20 days, and a
resident of the City of St. Anthony. The Council may appoint a current Council Member or any
other eligible resident of the City. If the Council is voting to appoint as Mayor a current member
of the Council, the interested Council Member should not participate in the vote.
In the present case, the Mayo's death has created 'a vacancy. The appointment of a
new Mayor must be made by the City Council. The appointment is to be made by a majority
vote of the remaining Council Members at a regular or special meeting of the Council. If there is
a tie vote, the statute provides that"the Mayor shall make the appointment." Since the Mayor's
office is vacant, the acting Mayor shall make the appointment if there is a tie vote. The acting
Mayor may select any qualified person and does not need to choose from those individuals
considered by the Council. The acting Mayor, however, may not appoint himself or herself as
the Mayor.
Since the vacancy occurred before the first day to file affidavits of candidacy for the
City's regular 2005 election and more than two years remain in the unexpired term of office, a
special election is required to be held at or before the City's.regular 2005 election and the
person appointed to the Mayor's office shall serve until the qualification for office of the person
elected as Mayor at the special election.
If a current Council Member is appointed as Mayor and accepts such appointment, such
Council Member gives up his or her position as a Council Member and there will be a vacancy
in that Council position. The Council cannot appoint a Council Member to "temporarily"serve as
Mayor until a special election is held to elect a person to complete the unexpired Mayoral term,
with such person returning to his or her position as a Council Member after the Mayoral election.
The vacancy in the Council position must be filled using the same procedure for filing the
Mayoral vacancy. The Council votes to make the appointment, and in the.event of a tie vote by
the Council, the Mayor makes the appointment. The Council has the option after the
appointment is made to hold a special election prior to the next regular City election to fill the
60I257Y d O-ITNEY LLF'
�)) OORSiEY 46
unexpired term. If the Council determines to hold a special election, then the person appointed
to fill the vacancy serves until the person elected to the Council position at the special election is
qualified for office.
As previously mentioned, Minnesota Statutes, Section 412.02, subd. 2a, does not
specify the time in which the Council is required to make the appointment to fill a vacancy in
office. At one time the predecessor to this statute required that a vacancy was to be filled within
60 days after the vacancy occurs. While no time period in which such vacancy must be filled is
specified, the Council should fill the vacancy within a reasonable period of time. The statute
does not address a situation where a council does not fill a vacancy by appointment but holds a
special election to fill the unexpired term of office as soon as possible. Until amendments to this
statute in 1999 a special election to fill an unexpired term could only be held in conjunction with
a regular city election. The 1999 amendments gave cities the option to hold a special election
to fill a vacancy prior to the next regular city election. However,the amendments did not modify
the language requiring that the council shall fill the vacancy by appointment even where the
council calls for a special election as soon as practicable after the vacancy occurs.
The 1999 amendments to Minnesota Statutes, Section 412.02, subd. 2a, provides that
the City Council shall specify by ordinance under what circumstances it will hold a special
election to fill a vacancy other than a special election held at the same time as the regular
election. No such ordinance has been adopted by the Council. If the Council wishes to call a
special election to fill the unexpired Mayoral term prior to the City's regular 2005 election, it
should adopt such an ordinance. I have drafted a form of such an ordinance and a resolution
calling for a special election for consideration by the Council should it wish to call for a special
election prior to the City's regular 2005 election.
2
oer<s_r S.W-+irNEY LLr
47
RESOLUTION 04-062
CALLING A SPECIAL ELECTION FOR MAYOR
BE IT RESOLVED by the City Council of the City of St. Anthony,Minnesota(the
"City"), as follows:
1. A vacancy exists in the office of Mayor, and under Minnesota Statutes, Section
412.02, subd. 2a, the City must hold a special election at or before the next regular City election
to fill the unexpired portion of the Mayoral term. As permitted by Minnesota Statutes, Section
412.02, subd. 2a, this Council desires to hold a special election to fill the unexpired portion of
the Mayoral term prior to the next regular City election.
2. A special election for Mayor is hereby called for December 14, 2004.
3. The City Clerk is hereby authorized and directed to cause notice of the special election
to be given as required by law.
ORDINANCE NO. 04-006 48
AN ORDINANCE RELATING TO SPECIAL ELECTIONS TO FILL VACANCIES I N
ELECTIVE OFFICES
THE CITY COUNCIL OF THE CITY OF ST. ANTHONY, MINNESOTA, ORDAINS:
Section 1. Purpose. Pursuant to Minnesota Statutes, Section 412.02, Subd. 2a, the
Council must specify by ordinance under what circumstances it will hold a special election to fill
a vacancy in a City elective office other than a special election held at the same time as the
regular City election.
Section 2. Special Elections to Fill Vacancies. If a vacancy occurs in the office of
Mayor and the unexpired term of the Mayor is more than 40 months at the time the vacancy
occurs, the City shall hold a special election to fill such vacancy on the date set by the Council
by resolution. Any such special election shall take place on a date permitted by law and within
150 days,after the vacancy occurs. If a vacancy occurs in the office of any other members of the
Council, a special election to fill such vacancy may be held on other than the regular City
election if so directed by the Council by resolution.
Section 3. Effective Date. This ordinance shall be in full force and effect upon its
passage.
Mayor
ATTEST:
City Clerk
September 2004
Monthly Planner
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Labor Day
Holiday
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7:00 pm Parks 8:00 pm start
Commission Primary Election
Meeting Day
Council Meeting
19 20 21 22 23 24 25
7:00 pm
Planning
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Meeting
26 27 28 29 30
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10 11 12 13 14 15 16
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Commission
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FUTURE COUNCIL AGENDA ITEMS
Updated September 7, 2004
Meeting Date Meeting Type Staff Items/Issues
September 28 Regular Planning Planning Commission issues of September 21
October 12 Regular Res; Approve Election Judges.
for General/Presidential Election
October 26 Regular Planning Planning Commission issues of October 19
November 9 Regular
November 23 Regular Planning Planning Commission issues of November 16
November 30 Special 6:30 pm Joint Meeting with School Board
7:30 pm Truth In Taxation Hearing
December 14 Regular May need to change to December 13
depending on Truth In Taxation Hearing
**All meetings start at 7:00 pm unless otherwise noted.**
INVESTMENT PORTFOLIO: 07/31/2004
Interest Date
4/M GENERAL
$880,000 LOCKHART FUNDING COMM PAPER 1.475% 07/20/04 10/18/04 $876,810.00
$876,810.00
4/M ARMY-WATER FILTRATION
$ 200,000 FEDERAL NATIONAL MORTGAGE ASSOCIATION 6.00% 04/27/04 08/07/18 $200,000.00
$ 100,000 FEDERAL HOME LOAN MORTGAGE 6.00% 04/29104 02/26/19 $100,000.00
$ 100,000 FEDERAL HOME LOAN MORTGAGE 5.00% 04/26/04 04/23/14 $100,000.00
$ 100,000 FEDERAL NATIONAL MORTGAGE ASSOCIATION 6.25% 05/24/04 05/24/19 $100,000.00
$ 100,000 FEDERAL NATIONAL MORTGAGE ASSOCIATION 6.25% 06/02104 05/24/19 $100,000.00
$1,250,000 FED HOME LOAN BANK-ZERO COUPON 7.00% 11/07/01 02/22/29 $191,662.50
$ 200,000 FED HOME LOAN BANK-ZERO COUPON 6.02% 02/04/03 02/04/28 $101,033.87
$ 500,000 FED HOME LOAN BANK-ZERO COUPON 6.793% 04/27104 11/02/28 $97,225.00
$989,921.37
DAIN RAUSCHER-GENERAL
GNMA POOL 6472 7.50% 07/01175 07/15/05 $175.24
GNMA POOL 14376 7.50% 03/01177 03/15/07 $532.19
GNMA POOL 23364 9.00% 09101(78 09/15/08 $304.52
GNMA POOL 23356 9.00% 11/01/78 11/15/08 $708.66
$100,000 FNMA MEDIUM TERM NOTE 6.00% 07/25/02 07/25/22 $100,000.00
$100,000 FNMA MEDIUM TERM NOTE 5.00% 03/24/04 04101/20 $100,000.00
$100,000 FNMA MEDIUM TERM NOTE 6.00% 05/24/04 08/20/18 $198,500.00
$670,000 FED HOME LOAN MTG-ZERO COUPON 7.150% 01/22/02 02/22/29 $99,948.90
$1,020,000 GENERAL ELECTRIC COMM PAPER 1.609% 07/30/04 10/28/04 $1,015,974.96
$1,516,144.47
DAIN RAUSCHER-HONEYWELL
$100,000 LASELLE BANK-ZERO COUPON BOND 6.50% 09/11/02 09/11/22 $27,798.64
$100,000 STANDARD FEDERAL-ZERO COUPON BOND 6.50% 09111/02 09/11/22 •$27,798.64
$100,000 LASELLE BANK-ZERO COUPON BOND 6.375% 01/08/03 01/22123 $28,480.61
$100,000 STANDARD FEDERAL-ZERO COUPON BOND 6.375% 01/08/03. 01/22/23 $28,480.61
$100,000 LASELLE BANK-ZERO COUPON BOND 6.25% 02119/03 02/19/23 $29,170.00
$100,000 STANDARD FEDERAL-ZERO COUPON BOND 6.25% 02/19/03 02/19/23 $29,170.00
$15,000 FEDERAL HOME LOAN MORTGAGE 5.50% 03/15/04 12/15/15 $15,000.00
$100,000 FEDERAL HOME LOAN MORTGAGE 5.00% 04/23/04 07/09/18 $94,250.00
$100,000 FEDERAL HOME LOAN MORTGAGE 5.04% 04/23/04 06/18/18 $94,625.00
$200,000 FEDERAL HOME LOAN MORTGAGE 6.00% 04/30/04 05/10/19 $200,000.00
$100,000 FEDERAL HOME LOAN MORTGAGE 6.125% 05/24/04 05/10/19 $99,967.15
$100,000 FED NATIONAL MORTGAGE ASSOCIATION 6.00% 07/27/04 02/12124 $99,822.41
$774,563.06
DEAN WITTER
$680,000.00 FEDERAL HOME LOAN MORTGAGE-ZERO 7.10% 06/15/01 04/05/19 $97,722.56
$520,000.00 MERRILL LYNCH ZERO COUPON BOND 6.00% 09/24/02 09/15/18 $199,477.00
$500,000.00 GENERAL ELECTRIC COMMERCIAL PAPER 2.050% 06/23/04 02/23/05 $493,222.22
$200,000.00 FHLMC MED TERM NOTE-STEP UP 6.50% 12/28/01 12/15/16 $200,000.00
$200,000.00 FED HOME LOAN BANK MED TERM NOTE 5.976% 08/27/02 10125/16 $200,000.00
$100,000.00 FED HOME LOAN BANK MED TERM NOTE 6.00% 11/26/02 10/22/27 $100,000.00
$200,000.00 FNMA MEDIUM TERM NOTE 5.00% 03/10/04 09/12113 $200,000.00
$200,000.00 FNMA MEDIUM TERM NOTE 5.00% 03/10/04 03/19/14 $200,000.00
$50,000.00 FNMA MEDIUM TERM NOTE 5.54% 03/19/04 03/11/19 $50,000.00
$100,000.00 FED HOME LOAN BANK MED TERM NOTE 5.37% 06/23/04 08121/13 $100,000.00
$80,000.00 FED HOME LOAN BANK MED TERM NOTE 5.75% 07/02/04 08/27108 $80,000.00
$100,000.00 FED NATIONAL MORTGAGE ASSOCIATION 6.25% 07/02104 05/25/29 $100,000.00
$2,020,421.78
DAIN RAUCHER-(HRAI
$200,000-FNMA-9334 P/O 7.24% 04/20/93 03/25/23 $10,892.10
$100,000-FHLMC MEDIUM TERM NOTE - STEP UP 4.00-6.50% 03/18/04 04/12/19 $100,000.00
$175,000- FNMA COUPON- 5.520% 5.520% 03/30/04 04/12119 $175,000.00
$200,000-FNMA COUPON- STEP UP 4.00-8.00% 03/01/04 02/10/12 $200,000.00
$485,892.10
TOTAL BOOK VALUE $6,663,752.78
TimeB/17/2004 MONTHLY INVESTMENT REPORT JULY 20041NVESTI
General Fund Budget to Actual Report: AUGUST 2004
Expenditures: Mean Average
67%
08/31/2004 Percentage Remaining
Budget Y-T-D Balance Spent Budget
Mayor/Council $46,900.00 $26,237.22 $20,662.78 56% 44%
Intergovernmental Relations $21,000.00 $13,915.00 $7,085.00. 66% 34%
Cable Franchise $22,200.00 $19,316.98 $2,883.02 87% 13%
General Management $80,200.00 $57,344.78 $22,855.22 72% 28%
Elections $25,400.00 $10,321.14 $15,078.86 41% 59%
Finance/Insurance $226,400.00 $139,306.20 $87,093.80 62% 38%
Finance/Assessing $42,200.00 $35,706.31 $6,493.69 85% 15%
Legal $85,000.00 $47,238.05 $37,761.95 56% 44%
Engineering/Planning/Zoning $2,600.00 $2,882.28 -$282.28 111% -11%
City Buildings $122,600.00 $83,142.45 $39,457.55 68% 32%
Civil Defense $45,800.00 $29,984.67 $15,815.33 65% 35%
Police Protection $1,095,200.00 $714,940.75 $380,259.25 65% 35%
Lauderdale/Falcon Heights $584,800.00 $381,594.15 $203,205.85 65% 35%
Fire Protection $589,500.00 $357,011.68 $232,488.32 61% 39%
Inspections/Building Permits $76,400.00 $100,357.70 -$23,957.70 131% **" -31%
Animal Control $4,200.00 $912.56 $3,287.44 22% 78%
Public Works $422,600.00 $261,550.53 $161,049.47 62% 38%
Public Works/Maintenance & Repair $126,100.00 $85,965.15 $40,134.85 68% 32%
Tree and Weed Care $28,200.00 $17,401.88 $10,798.12 62% 38%
Parks $129,100.00 $92,681.38 $36,418.62 72% 28%
Budget Reserves/Non Budgeted $0.00 $0.00 $0.00 0% 0%
Total Expenditures $3,776,400.00 $2,477,810.86 $1,298,589.14 66% 34%
***Offset by increase in building permits = $148,466.90
July - 2004 City of St.Anthony
Profit&Loss Statement from Operations
Actual Actual
Year to Date Year to Date Increase
SAV 1** SAV II 07/31104 07/31/03 (Decrease)
Sales $216,383:00 $207,053.00 $1,837,232.00 $1,605,116.00 $232,116.00
Less: Cost of Goods Sold $172,816.00 $167,103.00 $1,457,250.00 $1,271,763.00 $185,487.00
Gross Profit $43,567.00 $39,950.00 $379,982.00 $333,353.00 $46,629.00
Ratio to Net Sales 19.29% 20.68% 20.77%
Operating Expense:
Salaries,Wages, Benefits $20,047.00 $20,326.00 $191,255.00 $140,867.00 $50,388.00
All Other Expenses $16,681.00 $17,994.00 $147,780.00 $114,016.00 $33,764.00
Total Operating Expense $36,728.00 $38,320.00 $339,035.00 $254,883.00 $84,152.00.
Ratio to Net Sales 18.51% 18.45% 15.88%
Profit from Operations $6,839.00 $1,630.00 $19,319.00 $78,470.00 ($59,151.00)
Other Income $282.00 $337.00 $5,342.00 $2,781.00 $2,561.00
Net Income $7,121.00 $1,967.00 $24,661.00 $81,251.00 ($56,590.00)
Ratio to Net Sales 3.29% 0.95% 1.34% 5.06%
July-Net income $9,088.00
SAV I SAV II Y-T-D
YEAR TO DATE 07/31104 $6,090.00 $18,571.00 $24,661.00
YEAR TO DATE 07/31/03 $24,530.00 $56,721.00 $81,251.00
INCREASE/DECREASE ($18,440.00) ($38,150.00) ($56,590.00)
**SAV I Off-Sale/New Store Opened June 18, 2004
2003 Actual Profits (Audited) 2004 Y-T-D Profits
Y-T-D
SAV I SAV II Stonehouse SAV I SAV II Profits Comparison
January $6,588.00 $3,381.00 $2,657.00 $12,626.00 January $0.00 $2,504.00 $2,504.00 ($877.00)
February $4,782.00 $4,181.00 $8,714.00 $30,303.00 February $0:00 $3,672.00 $6,176.00 ($1,386.00)
March $10,491.00 $7,536.00 $10,935.00 $59,265.00 March $0.00 $2,093.00 $8,269.00 ($6,829.00)
April. $10,095.00 $5,921.00 . $10,938.00 $86,219.00 April _$0.00 $3,027.00 $11,296.00 ($2,247.00)
May $13,695.00 $10,574.00 $6,026.00 $116,514.00 May $0.00 $7,476.00 $18,772.00 ($12,821.00)
June $12,616.00 $12,675.00 ($10,603.00) $131,202:00 June ($1,031.00) ($2,168.00) $15,573.00 ($41,311.00)
July. $11,914.00 $12,453.00 ($3,880.00) $151,689.00 July $7,121.00 $1,967.00 $24,661.00 ($56,590.00)
August ($4,315.00) $18,776.00 ($670.00) $165,480.00 August $0.00 $0.00 $24,661.00
September ($19,510.00) $12,398.00 $123.00 $158,491.00 September $0.00 $0.00 $24,661.00
October ($750.00) $5,333.00 $229.00 $163,303.00 October $0.00 $0.00 $24,661.00
November ($637.00) $299.00 ($228.00) $162,737.00 November $0.00 $0.00 $24,661.00
December 515.00 $22,235.00 $0.00 $184,457.00 December $0.00 $0.00 $24,661.00
Total $44,454.00 $115,762.00 $24,241.00 $184,457.00 Total $6,090.00 $18,571.00 $24,661.00
Increasel(Decrease) ($18,440.00) ($38,150.00) ($56,590.00).
Y-T-D By Store
July - 2004 City of St.Anthony
Reconciliation to Inventory Valuation Report
SAV I SAV II
Beginning Inventory: $340,968.17 Beginning Inventory: $304,146.57
Plus or Minus: Plus or Minus:
Transfers: SAV II ($1,820.46) Transfers: SAV I $1,820.46
Adjustments $17.64 Adjustments $169.99
Returns to Vendors ($2,586.03) Returns to Vendors ($4,800.64)
Add: Receiving $145,982.37 Add: Receiving $139,197.17
Less: Cost of Goods Sold ($172,833.87) Less: Cost of Goods Sold ($167,272.66)
TOTAL $309,727.82 TOTAL $273,260.89
Total per Valuation Report $309,947.42 Total per Valuation Report $273,075.47
Difference $219.60 Difference.. ($185.42) .
Beginning August 2004 Inventory $309,947.42 Beginning August 2004 Inventory $273,075.47
HOUSING AND REDEVELOPMENT AUTHORITY AGENDA
CITY OF ST. ANTHONY
September 14, 2004
Call to Order.
Roll Call.
I. Approval of August 10, 2004, H.R.A. Agenda.
II. Consent Agenda.
These items are considered routine and will be enacted by one-motion. There will be no separate discussion of these items unless a
Councilmember or citizen so requests,in which event the item will be removed from the Consent Agenda and placed elsewhere on the
agenda.
A. Approve August 10, 2004, H.R.A. Minutes. (pp. 1-2)
B. Claims. (pp. 3)
Ill. Public Hearings.
IV. General Policy of Business of the H.R. A.
V. Staff Reports.
VI. H.R.A. Commissioner Comments.
VII. Information and Announcements.
VIII. Adjournment.
®1
1 HOUSING AND REDEVELOPMENT AUTHORITY AGENDA
2 CITY OF ST. ANTHONY
3 August 10, 2004
4
5 CALL TO ORDER
6 Chair Hodson called the meeting to order at 7:48 p.m.
7
8 ROLL CALL.
9 Commissioners present: Chair Hodson; Commissioners Horst, Stille, Thuesen, and Faust.
10 Commissioners absent: None.
11 Also present: Executive Director Michael Mornson.
12
13 I. APPROVAL OF AUGUST 10,2004 H.R.A. AGENDA.
14 Motion by Commissioner Thuesen, seconded by Commissioner Faust, to Approve the
15 H.R.A. Agenda of August 10, 2004.
16
17 Motion carried unanimously.
18
19 II. CONSENT AGENDA.
20 A. Approve July 27, 2004,H.R.A. Minutes.
21 B. Claims.
22 Motion by Commissioner Thuesen, seconded by Commissioner Stille, to Approve the
23 Consent Agenda.
24
25 Motion carried unanimously.
26
27 Ill. PUBLIC HEARINGS.
28 None.
29
30 IV. GENERAL POLICY BUSINESS OF THE H.R. A.
31 None.
32
33 V. STAFF REPORTS.
34- None.
35
36 VI. H.R.A. COMMISSIONER COMMENTS.
37 Commissioner Faust commented on the change in the State Statue on August 1, 2004
38 with regard to "stiffer" fines for graffiti. He suggested that H.R.A. update the City
39 ordinance to be in compliance with the State. Chair Hodson indicated that he would like
40 to see community service ordered for those caught in the act. .
41
42 VII. INFORMATION AND ANNOUNCEMENTS.
43 Executive Director Mornson announced two new tenants in the City, being, Fantastic
44 Sams and Jersey Mikes.
Housing and Redevelopment Authority Meeting Minutes 0�
August 10, 2004
Page 2
1
2 Commissioner Faust announced the H.R.A.'s invitation to attend the celebration of the
3 'International Union of Operating Engineers building expansion. He stated their current
4 location is at 2829 Anthony Lane South. He concluded in encouraging attendance.
5
6 VIII. ADJOURNMENT.
7 Chair Hodson adjourned the meeting at 7:51 p.m.
8
9 Respectfully submitted,
10 Danielle R.Buclaneier
11 Timesaver Off Site Secretarial, Inc.
12
� 1
ACS FINANCIAL SYSTEM ST. ANTHONY VILLAGE 03
OBY31/2004 13.: Check Register GL540R-VO6.60 PAGE 1 n
HANK VENDOR CHECK# DATE AMOUNT
HRA1 HOUSING 6 REDEV CHECKING —'
.05582 RAMSEY COUNTY CIVIL 5582 08/31/04 121,600.00
HOUSING 6 REDEV CHECKING 121,600.00 *+*
1 •
ACS FINANCIAL SYSTEM ST. ANTHONY VILLAGE
09/07/2004 13: Check Register GL540R-VO6.60 PAGE 1
HANK VENDOR CHECK# DATE AMOUNT ryryry
HRA1 HOUSING 6 REDEV CHECKING
000820 DORSEY & WHITNEY 5588 09/15/04 27,709.13
.00006 GLEN ASMUS 5589 09/15/04 10,000.00
.00007 GLEN ASMUS 5590 09/15/04 3,266.29
.00008 SUNRISE INVENTORY SHRVIC 5591 09/15/04 20,000.00
008273 WSH & ASSOCIATES, INC. 5592 09/15/04 27,470.25
HOUSING & REDEV CHECKING 88,445.67 ***
Apache Plaza Redevelopment Aug-04
Total Costs Since Inception
Payments from Developers:
HH!Crest Development $72,920.43
Met Council Grant $120,000.00
Pratt-Ordway $644.041.40
$836,961.83
Total Expenses $919.850.93 09/3112004
Cost to HRA 1582.889.101
Dahlgien
a1111011-ow Were&Associates WSB 8 Associates Tracy Pdntlna_ JM_S Communications Northfield Lines SEHIRCM Goodwin Gomm Dorsey 6 Whltnev LBH Enalnners Lillie$ubuftlen
Como
$7,402.73. S210.00 i $2,71450 $1,391.00 589000 $30800 $455.87 $1,615.00 $2.062.50 $592.03 $27.90 $460.00
53,337.81. ! $1,505,00 $954.50 $1,460,00 5192500. �72� ;1.743.93 5570.00 $1,483.00 $2,184.88 $5,140.00
$7,002.88 I 593550 $954.50 $1,098.70 �, 09Q 00 9gB8.00 $2,199.80 $1,140.00 $4,899.00 $4,545.67 $5,320.00
$15,138.88 $155.00 I 5942.00 $474.20 $2,260.00 $848.00 $95.00 $1,742.50 $10,615.96 $4,370.00
532,76Z.B0 -$82.(10 $282.00. $1,098.70 j $1,320.00 $570.00 $5,184.90 $10,211.86 $3.360.00
575,78022 $1662.90. I $36000 $1098.70 $770.00 $190.00 $9,806.50 $10.779.16 $18,650.00
$10,603.04 $2911.73 ` $4,06100 $1098.70 ! $9,355.00 $1,425.00 $18217.50 $38,929.57
$6,369.70 $1,820.55 .I I- -$5,611 03 $1,168.60 $1,045.00 $51,029.50
E15.886,08 i 53,450.00 $70,456.70 $246,13 I $1,985.00 $15,537.05
$6,00359 $5,100,00 1 10_4SBAp '� 547420 .,_..... 13300 $23,517.41
$31,118.21 $3,187.50 I $198.50 $1,141.12 $9,975.00 $4,071.90
55,733.98 ; $2,787.50 i $658.00 $1,261.15 $12,770.25
$1,49C.12 ! X54.71,77 I $1,081.00 $1434.25 $7,632.70
5560.13 $2,662.50 $508.50 $13,434.45 $16,000.03
$1.774.76 $3,750.00 $94.00 $6,205.49 52,567.32 $4,717.50 $188.00 $15,971.35
$3,754.23 $3,653.50 $106.00 $2,647.50
�_ 1,503a00» $4,065.00 $106.00 $5,489.90
$1,645.50 $3,900.00 $2,088.20 $1,820.68
55,539.18 $1,385.63 $1,187.33 $955.85
$9,796.85 55,850.00 $4,571.50 $207,155.60
$11,660.14 $6,052.50 $265.00
$2,359.63 $5,587.50 $1,814.00
$221.92 $637.50 $9,277.50
$1,733.97 $3,342.54 3160.110
$2,429.72 $2,287.50 $1,431.00
$6,38725 $2,137.50 $318.00
$7.019.47 $7,275.00 $336.00
$740.48 $656.25 $266.40
$552.29 $7,158.25 $953.75
$1,785.63 $2,816.25 $381.50
$239.25 $8,382.50 $218.00
$251.11 $2,318.75 $163.50
$1,35622 $3,360.00 $218.00
$1,828.75 $6,168.75 $844.75
$2,479.50 $9,000.00 $599.50
$7,695.92 $22256.25 $272.50
$18,695.20 $1,968.75 $81.75
$61.00 $393.75 $1,438.0
$7,280.49 $17,940.00 $67,428.41
$10,543.22 $6,045.00
$1,428.07 58,812.50
$2,395.56 $150.00
$2,066.58 $4,895.50
$695.95 $8,115.00
$773.45 $12,712.50
$1236.10 $2,53625
&376-0 0 $1,560.00
$291,863.84 $375.00
$5,600.00
$2,778.75
$187.50
$6110.00
$0.00
$4,506.25
5300.00
$1,662.50
$10,702.50
$150.00
$75.00
$2,885.49
$4,085.00
$4,826.25
$131.25
$3.800.00
$269,983.36
Pratt-Ordway $644,041.40
Shaded Area Represents Before Pratt-Ordway Agreement Less:Expenditures ($657,309.781
Retainage Balance ($13,268.38)
Public Facilites Project Aug-04
Appropriation: $5,687,000.00
Hard Costs: 08/31/2004
Expenditures .Balance
Public Work Building $2,557,000.00 $2,341,811.23 $215,188.77
Builders Risk $600.00 $589:00 $11.00
Contingency - Public Works $81,150.00 $0.00 $81,150.00
Total $2,638,750.00 $2,342,400.23 $296,349.77
Fire Station $1,700,000.00 $1,053,665.31 $646,334.69
Builders Risk $500.00 $0.00 $500.00
Contigency - Fire $57,250.00 $0.00 $57,250.00
Total $1,757,750.00 $1,053,665.31 $704,084.69
Soft Costs:
Land Acquisition $500,000.00 $495,610.87 $4,389.13
Architect-Oertel $340,000.00 $323,632.24 $16,367.76
Construction Manager-K/A $126,000.00 $141,270.00 ($15,270.00)
.Bond Issuance Costs:_
Issuance Costs $74,000.00 $73,796.00 $204.00
Bond Insurance $64,000.00 $64,000.00 $0.00
Capitalized.Interest $109,000.00 $0.00 $109,000.00
Bond Discount $77,500.00 $77,420.00 $80.00
Total $1,290,500.00 $1,175,729.11 $114,770.89
Public Facilities -Totals $5,687,000.00 $4,571,794.65 $1,115,205.35
Temporary Facilities/Fire
Tires Plus Lease Payments $55,500.00 $0.00 $55,500.00
Construction 70/1-ease Payment $50,000.00 $76,700.00 ($26,700.00)
Garage Door Modification $5,000.00 $5,000.00 $0.00
Phone Cabling $500.00 $755.00 255.00
$55,500.00 $82,455.00 -$26,955.00
0
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HOUSING AND REDEVELOPMENT AUTHORITY AGENDA
CITY OF ST. ANTHONY
September 14, 2004
Call to Order.
Roll Call.
I. Approval of August 10, 2004, H.R.A. Agenda.
11. Consent Agenda.
These items are considered routine and will be enacted by one,motion. There will be no separate discussion of these items unless a
Councilmember or citizen so requests,in which event the item will be removed from the Consent Agenda and placed elsewhere on the
agenda.
A. Approve August 10, 2004, H.R.A. Minutes. (pp. 1-2)
B. Claims. (pp. 3)
III. Public Hearings.
IV. General Policy of Business of the H.R. A.
V. Staff Reports.
VI. H.R.A. Commissioner Comments.
VII. Information and Announcements.
VIII. Adjournment.
01
1 HOUSING AND REDEVELOPMENT AUTHORITY AGENDA
2 CITY OF ST. ANTHONY
3 August 10, 2004
4
5 CALL TO ORDER.
6 Chair Hodson called the meeting to order at 7:48 p.m.
7
8 ROLL CALL.
9 Commissioners present: Chair Hodson; Commissioners Horst, Stille, Thuesen, and Faust.
10 Commissioners absent: None.
11 Also present: Executive Director Michael Morrison.
12
13 I. APPROVAL OF AUGUST 10, 2004 H.R.A. AGENDA.
14 Motion by Commissioner Thuesen, seconded by Commissioner Faust, to Approve the
15 H.R.A. Agenda of August 10, 2004.
16
17 Motion carried unanimously.
18
19 II. CONSENT AGENDA.
20 A. Approve July 27, 2004,H.R.A.Minutes.
21 B. Claims.
22 Motion by Commissioner Thuesen, seconded by Commissioner Stille, to Approve the
23 Consent Agenda.
24
25 Motion carried unanimously.
26
27 Ill. PUBLIC HEARINGS.
28 None.
29
30 IV. GENERAL POLICY BUSINESS OF THE H.R. A.
31 None.
32
33 V. STAFF REPORTS.
34 None.
35
36 VI. H.R.A. COMMISSIONER COMMENTS.
37 Commissioner Faust commented on the change in the State Statue on August 1, 2004
38 with regard to "stiffer" fines for graffiti. He suggested that H.R.A. update the City
39 ordinance to be in compliance with the State. Chair Hodson indicated that he would like
40 to see community service ordered for those caught in the act.
41
42 VII. INFORMATION AND ANNOUNCEMENTS.
43 Executive Director Mornson announced two new tenants in the City, being, Fantastic'
44 Sams and Jersey Mikes.
Housing and Redevelopment Authority Meeting Minutes ®�
August 10, 2004
Page 2
1
2 Commissioner Faust announced the H.R.A.'s invitation to attend the celebration of the
3 International Union of Operating Engineers building expansion. He stated their current
4 location is at 2829 Anthony Lane South. He concluded in encouraging attendance.
5
6 VIII. ADJOURNMENT.
7 Chair Hodson adjourned the meeting at 7:51 p.m.
8
9 Respectfully submitted,
10 Danielle R. Buckmeier
11 Timesaver Off Site Secretarial, Inc.
12
� J
ACS-FINANCIAL SYSTEM ST. ANTHONY-VILLAGE 03
08/31/2004 13: Check Register GL540R-V06.60 PAGE 1 1,
BANK VENDOR CHECK# DATE AMOUNT
HRA1 HOUSING & REDEV CHECKING
.05582 RAMSEY COUNTY CIVIL SS82 08/31/04 121,600.00
HOUSING & REDEV CHECKING 121,600.00 ***
l
l '
ACS FINANCIAL SYSTEM ST. ANTHONY VILLAGE
09/07/2004 13: Check Register GL540R-V06.60 PAGE 1
BANK VENDOR CHECK# DATE AMOUNT ,
HRA1 HOUSING & REDEV CHECKING
000820 DORSEY & WHITNEY 5588 09/15/04 27,709.13
.00006 GLEN ASMUS 5589 09/15/04 10,000.00
.00007 GLEN ASMUS 5590 09/15/04 3,266.29 _
.00008 SUNRISE INVENTORY SERVIC 5591 09/15/04 20,000.00
008273 WSB & ASSOCIATES, INC. 5592 09/15/04 27,470.25
HOUSING & REDEV CHECKING - 88,445.67 ***
Apache Plaza Redevelopment Aug-04
Total Costs Since Inception
Payments from Developers:
Hillcresl Development $72,920.43
Mel Council Grant $120,000.00
Prs0-Ordway $644.041.40 .
$896,961.83
Total Expenses $919.850.9) 0841112004
Cost to HRA ($82.889.101
Dahlgren
Shardloy__ Ehlers 3 Associates WSB 8 Associate Tracy Prirdlnb JMS Communications Northfield Lines SEH/RCM Goodwin Comm Dorsey&Whitney LBH Enbinners Lillie Suburban
Conwort
$7,402.72 I $210,00 1 $2,714.50 $1,391.00 ! $890.90 $308.00 $455.87 $1,615.00 $2,062.50 3592.03 $27.90 $460.00
$3,337.91 1 $1,505.00 $964.50 $1,450,00 151,925,00. J �__572,0.0 $1,743.9 $570.00 $1,483.00 $2,184.69 $5,140.00
$7,00268 $93550 ! $954.50 57,098.70 $,x,09().00 _ 68 $2,199.80 $1,140.00 $4,899.00 $4,545.67 $5,320.00
$15,138,88 $455.00 $942.00 .5414.20 $2,260.00 $948.00 $85.00 $1,742.50 $10,615.96 $4,370.00
$32,762.90 $82.00 $282,00 $1,096,70 ! $1,320.00 $570.00 $5,194.90 $10,211.86 $3.360.00
525,780.72 $1,662.90 5860.00 $1,098.70 $770.0 $190.00 $9.806.50 $10.779.18 $18,650.00
$10603.04 $2,911.73 i $4,061.00 $1;08,70 $9,355.00 $7,,425.00 $18,217.50
$38,929.57
1$6,36910 $1,92.55 $5,61 .03 $1,188.60 5 $51,029.50
9800 ,5516,66-OB $3,450.00 $10,456.70 $245,13 $75 $1537.05
$8,00359 $5,100,00 1_119,41 6pl) L_$447410 $1,330.00 $23,517.41
i $31,1162 $1
1 $3,187.50 98.50 $1,141.12 $9.975.00 $4,071.90
1 $5,733.911 $2,787.50 � $658.00 $1,261.15
$1,490.12 __1,471,77 _ $1.091.00 3426 $12,770.25
$7,832.78
1 $560.13 $2,662.50 $508.50 $13,434.45 $16,000.03
$1,778,75 $3,750.00 $94.00
$6,205.
$2,567.32 $4.717.50 $185.00 .3
$3,754.23 -� $3,653.50 $106.00 $15,471
$2,647.50
50
$4,065.00 $108.00 $5,489.90
$1,645.50 $3,900.00 $2,08820 $1,920.68
$5,539.18 $1,385.63 $1,187.33 $955.85
$9,796.85 $5,850.00 $4,571.50 $207,155.60
$11,660.14 $6,052.50 $265.00
52,359.63 $5,587.50 $1,814.00
$221.92 $637.50 $9,277.50
$1,733.97 $3,342.54 $160.00
$2,429.72 $2,287.50 $1,431.00
56,387.25 $2,137.50 $318.00
$7,019.47 $7,275.00 $336.00
$740.48 $656.25 $266.40
$552.29 $7,156.25 $953.75
$1,785.63 $2,816.25 $381.50
$239.25 $8,362.50 $218.00
$251.11 $2,318.75 $163.50
51,356.22 $3,360.00 $218.00
$1,1128.75 $6,168.75 $844.75
$2,479.so $9,000.00 $599.50
$7.695.92 $22,25625 $272.50
$18,685.20 $1,968.75 $81.75
$61.00 $393.75 $1,438.0 0
$7,280.49 $17,940.00 $67,428.41
$10.54322 $6,045.00
$1,426.07 $8,812.50
52,395.56 $150.00
$2,068.58 $4,695,50
$895.95 $8,115.00
$773.45 $12,712.50
$1,236.10 $2,536.25
$376.00 $1,560.00
$291,863.84 $375.00
$5,600.00
$2.778.75
$187.50
$600.00
$0.00
$4,506.25
$300.00
$1,662.50
$10,702.50
3150.00
$75.00
$2,885.49 -
$4,D95.00
$4,826.25
$131.25
$3,900.0
$259,983.36
Pratt-Ordway $644,041.40
Shaded Area Represents Before Pratt-Ordway Agreement Less:Expenditures ($667,309.78)
Retalnage Balance ($13,268.38)
Public Facilites Project Aug-04
Appropriation: $5,687,000.00
Hard Costs: 08/31/2004
Expenditures Balance
Public Work Building $2,557,000.00 $2,341,811.23 $215,188.77
Builders Risk $600.00 $589.00 $11.00
Contingency- Public Works $81,150.00 $0.00 $81,150.00
Total $2,638,750.00 $2,342,400.23 $296,349.77
Fire Station $1,700,000.00 $1,053,665.31 $646,334.69
Builders Risk $500.00 $0.00 $500.00
Contigency - Fire $57,250.00 $0.00 $57,250.00
Total $1,757,750.00 $1,053,665.31 $704,084.69
Soft Costs:
Land Acquisition $500,000.00 $495,610.87 $4,389.13
Architect-Oertel $340,000.00 $323,632.24 $16,367.76
Construction Manager- WA $126,000.00 $141,270.00 ($15,270.00)
Bond Issuance Costs:
Issuance Costs $74,000.00 $73,796.00 $204.00
Bond Insurance $64,000.00 $64,000.00 $0.00
Capitalized.Interest $109,000.00 $0.00 $109,000.00
Bond Discount $77,500.00 $77,420.00 $80.00
Total $1,290,500.00 $1,175,729.11 $114,770.89
Public Facilities -Totals $5,687,000.00 $4,571,794.65 $1,115,205.35
Temporary Facilities/Fire
Tires Plus Lease Payments $55,500.00 $0.00 $55,500.00
Construction 70/1-ease Payment $50,000.00 $76,700.00 ($26,700.00)
Garage Door Modification $5,000.00 $5,000.00 $0.00
Phone Cabling $500.00 $755.00 255:00
$55,500.00 $82,455.00 -$26,955.00
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