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HomeMy WebLinkAboutCC PACKET 02081994 / \ } Meeting Sheet \ ( \ , � - / ' 2 § ' 103102 . >, z } ; . � . z ( ( ) . r \ ( i § ) - \ . . \ . J ' Box: 30 m / { Folded CC PACKETS 1990-1994 � ( - b Document: CC PACKET 02081994 ( ' \ { \ ¢ ( } . } . ) K { \ b . i \ \ ( { z � - / [ ) \ e ! ( r ( � § \ ( % { ( \ k : \ [ ( � CITY OF ST. ANTHONY CITY COUNCIL AGENDA February 8, 1994 7:00 P.M. Council Chambers I. CALL TO ORDER/PLEDGE OF ALLEGIANCE. 11. ROLL CALL. 111. APPROVAL OF FEBRUARY 8, 1994 COUNCIL AGENDA. IV. APPROVAL OF JANUARY 25, 1994 COUNCIL MINUTES. (Minutes will be available for the meeting.) V. LICENSES/PERMITS/PETITIONS - None. VI. PRESENTATION OF CLAIMS. A. Hance & LeVahn - $2,400.00. B. Verified. VII. REPORTS. A. Council. B. City Manager. VIII. PUBLIC HEARINGS - None. IX. NEW BUSINESS. A. Railroad Crossing at Stinson Boulevard north of 37th Avenue N.E.. B. Resolution 94-019, re: Charitable gambling premises application. C. Resolution 94-020, re: Investment Management Agreement. X. UNFINISHED BUSINESS. A. Ordinance 1994-001 , re: Water rates (3rd reading).. XI. ADJOURNMENT. LAW OFFICES STATEMENT OF ACCOUNT HANCE & LEVAHN SAINT ANTMONV NATIONAL BANK BUILDING.SUITE 700 02/01/94 2401 LOWRV AVENUE NORTNEAST MINNEAPOLIS,MINNESOTA 55418 Invoice $1851 City of St. Anthony PLEASE DETACH AND RETURN THIS 3301 Silver Lake Road PORTION WITH YOUR REMITTANCE. St. Anthony, MN 55418 Attn: Thomas D. Burt, City Manager AMOUNT REMITTED $ In reference to: (M) Village Prosecutions ®---- For professional services rendered $2,400.00 Previous balance $2,400.00 01/17/94-Payment - thank you ($21400.00) Balance due $2,400.00 Legal services rendered for the month of February, 1994, relative to St. Anthony prosecutions . • FINANCIAL SYSTEM _ _-_ ST. ANTHONY VILLAGE 01/26/94 15:34 Check Register GL540R-VO4. 10 PAGE 1 BANK VENDOR CHECK# DATE AMOUNT LIAR LIQUOR CHECKING ACCOUNT 004009 AETNA LIFE & CASUALTY 5175 01/27/94 408. 99 004026 APACHE PLAZA MERCHANTS 5176 01/27/94 118 . 00 004027 ARONSON/TIMOTHY 5177 01/27/94 40.00 v 004040 BOYD ROUSER CANDY & TOBA 5178 01/27/94 1 ,958. 26 004059 CARLSON/GARY 5179 01/27/94 300.00 _ _004062 CELLULAR ONE.. --------- ------- - - ---5180 01/27./9.4...- --- 25.65 ---- 004080 CITY COUNTY FED CREDIT U 5181 01/27/94 10.00 004085 CITY OF ST ANTHONY 5182. 01/27/94 716. 77 3 004100 COMMISSIONER OF REVENUE _ _ _ _ _518 01/27/94 -_ - 650. 70 0041'2"0 50_ 70004120 EAGLE WINE CO 5184 01/27/94 77. 16 004130 ECOLAB 5185 01/27/94 219. 32 004139 FARMER BROS CO _ _ 5186__01/27/94 _ 53.25 -004410 FIRSTAR ST ANTHONY_ ^BANK 5187 01/27/94 3,940.07 004411 FIRSTAR ST ANTHONY BANK 5188 01/27/94 15,000. 00 004175 GRIGGS COOPER & CO INC 5189, 01/27/94 4 .977 . 09 004201 HEGGIES PIZZA 5190 01/27/94 .. 94.35 004202 HENN CTY SUPPORT & COLL 5191 01/27/94 235.23 . 004208 I C M A—RETIREMENT TRUS 5192 01/2_7/94 _- _—_ 41 .36 004215 INTERNAL REVENUE SERVICE 5193 01/27/94 50.00 004220 JOHNSON WINE CO 5194 01/27/94 1 ,899. 52 _0_04225_ KRAFT F_OODSEPVICE __ _ 5_195_ 01_/27/24_^___— 1 ,053_.43_____ 004231 LANGRIDGE/MIN - 5196 01/27/94 . 65.00 004250 LUNDGREN/MATTHEW H . 5197 01/27/94 90.00 0_0_42_66 _MARKET MECHANICAL __ _ 5198_01/27/94 ^_ 2, 146. 71 —_ 004272 METZ BAKING CO 5199 01/27/94 66.03 004310 MINN UC FUND 5200 01/27/94 1 ,078.93 004313 MUZAK -_ _ _ _ _ 5_201 01/2_7/94 _ 71 . 10 004334 NORTHEASTER 5202 01/27/94 188.00 .00001 PERA 5203 01/27/94 60.00 _ 0043_5_6 _PERRY/DONALD_ 520_4 01/2_7/94_ 22.0_0 _ 004360 PHILLIPS AND SONS COMPAN 5205 01/27/994 5,697 .21 004376 PRIOR WINE CO 5206 01/27/94 38.22 004379 PROGRAMMERS CLEARING HOU - - _ _5_207 01/27/94 080 P 043UBLIC EMPLOYEE RETIREME 5208 01/27/94 1 ,583.89 004385 DUALITY WINE CO 5209 01/27/94 1 ,093 .24 _ _004400 _ST ANTHONY LIQUOR #1 ___..___._.....5210 01/27/94 _ 60.00 _-_- 004404 ST . A. LIQUOR ##2 PC 5211 01/27/94 88.27 004473 TRACY PRINTING 5212 01/27/94 52.88 004475 -- - T R I TECH DISPENSING - ----- - - - 5213 01/27/94 - -- - --- -61-..1.5------ 004492 U S WEST COMMUNICATIONS 5214 01/27/94 556.22 004491 UNITED WAY 5215 01/27/94 15.00 LIQUOR CHECKING ACCOUNT - 45, 128.00 ** BRC FINANCIAL SYSTEM ST . ANTHONY VILLAG --.-- 02/02/94 13: 51- Check Register GL540R-VO4 . 10 PAGE .&ANK-__..._. ............VENDOR_.. -------- ..__._.__.----...__CHECK#_._..._DAT E._...._...--___---.....AMOUNT _-_-- FIRS FIRSTAR ST. ANTHONY CHECKING 000236 A T & T 5934 02/09/94 45.86 000235 A T & T INFORMATION SYST 5935 02/09/94 60.31 -- .00002._.__.__A.R.I..._MECHANICAL_.SERV..--_..--.------.---.5936_02/0.9/94_.__.__--___523.32-.....-- 000020 AA BATTERY CO 5937 02/09/94 233.01 .00001 ALBERS MECHANICAL 5938 02/09/94 230.00 008056-AWARD_ CO_OF AMERICA - - 5939__02/09/_9.4 -81..96_ 008153 BOB 'S PERSONAL COFFEE SE 5940 02/09/94 31 .39 008100 BRIGITTE OLLENDICK 5941 02/09/94 2,596.68 000556 -C_C--SHARROW-CO-INC 5942__02/09/_94_____77.43 000605 CARGILL SALT DIVISION 5943 02/09/94 2, 128.34 002335 CELLULAR ONE 5944 02/09/94 200.07 000655--CLAREY-'_S--SAFET-Y-E9UI PMEN 5945-02/09/-94 56-72- COAST 6_72COAST TO COAST 5946 02/09/94. 241 . 16 '.: 000625 COPY DUPL PRODUCTS 5947 02/09/94 159.75 - .00001-.CURRENT/RICHARD-----.--------5948._02/..09/_94_ -__-50.00___ 007178 D-ROCK CENTER & SMALL EN 594902/09/94 16.99 - 008156 DARLEY & CO./W. S. 5950 02/09/94 52. 12 005251--FIRE-INSTRUCT_ MN_-___• - 5951_02/09/_94- __..-15.98---- 001025 G & K SERVICES 5952 02/09/94 53.61 001030 G & K SERVICES 5953 02/09/94 70.52 - 007057-__GEN EX_._.___---_----___-:-.._, 5954-02/_09/-94----- ---42.87 --.- I001200 GOPHER BEARING 5955 02/09/94 67.46 008050 GOPHER CASH REG CO 5956 02/09/94 80.70 _.____._007254_____._GOPHER_ ELECTRONICS_..__. __5957.__ 02/09/94-_._ _._.._..._. 17.98 .-_.___-. 008127 GRAFIX SHOPPE 5958 02/09/94 132.98 007188 H & L MESABI INC 5959 02/09/94 23.86 001300... .. .. HACH_ COMPANY-_ . --- - - 5960- 02/09/94._.. _ 127.02. .. . 005150 HAGE KOBANY SERVICE 5961 02/09/94 16.28 .00002 HANSON/ANNETTE 5962 02/09/94 50.00 _--.._005017...-_-__HENNEPIN. COUNTY-_TREASURE--..-.-_.-_-.__ 5963.02/09/_94_---_____._1 , 150.80..----_----- 008166 HENNEPIN COUNTY TREASURE 5964 02/09/94 360.02 .00003 HILLSTROM/EUGENE .5965 02/09/94 15.00 AUTO . SUPPLY ... __._._._.._..___.... __._.__._.____.5966... 02/09/94--_- ..-.- --.-.. _42.66---- ---_..- 001810 KIWANIS CLUB 5967 02/09/94 41 .75 008167 LYNN PEAVEY CO. 5968 02/09/94 75.00 _ MAMA 5969 02/09/94.... - 2,251 .00 .00004 MARTIN/ANTHONY 5970 02/09/94 15.00 000045 MIDWEST BUSINESS PRODUCT 5971 02/09/94 841 .91 002320 -.-.._ MINAR. FORD INC . __5972 02/09/94 ._ __ _ 67. 10 - -- -._-- 002060 MINNESOTA BOLT & NUT COM 5973 02/09/94 11 . 17 002355 MINNESOTA GFOA 5974 02/09/94 15.00 _ - .00005...._.----MN --- SAFE.. KIDS._..._---.. _...._ - ......__. 5975 02/09/94 ._ .. .. _. 33.95 -._.._.... 007144 MYERS/WILLIAM 5976 02/09/94 49.00 002600 NORTH MEMORIAL MEDICAL C 5977 02/09/94 85.40 ______00268Q__NORTHERN_STATES_POWER------ 5978-.02/.09/_94-----.---4,047.17....------ 007043 NORTHERN STATES POWER 5979 02/09/94 2,317.37 '.0 007317 NORTHERN WATER WORKS SUP 5980 02/09/94 530.29 _._._...____002725......-__-._NOT T... COMPANY-..__-......____.-__.__.____...____.._ 5981 .-02/09/9.4_______._____. . __17.01 BRC FINANCIAL SYSTEM ST . ANTHONY VILLAG'' 02/02/94 13: 51 Check Register GL540R-VO4 . 10 PAGE. -..-. BANK _ _ __ _ VENDOR ., _._ ..___. .CHECK# - . DATE . .._. _. .___._. AMOUNT FIRS FIRSTAR ST. ANTHONY CHECKING 008086 OFFICEMAX 5982 02/09/94 74.86 008103 RAMSEY CTY LEAGUE/GOVT 5983 02/09/94 239.85 _. _005248.-_-_RLTZ._CAMERA- CENT ERS/STOR..__-______.___5984_02/.09/94__________.-__- .00006 ROLIG/DEAN 5985 02/09/94 50.00 003080 ROLLINS OIL CO 5986 02/09/94 59.05 —003460—.SPRING-LAKE._ PARK- LUMBER ---5987.-02/_09/_94___—___-166.14-.__-._. 005285 SROGA'S 5988 02/09/94 48. 15 003490 STREICHER'S 5989 02/09/94 151 .50 _00.731I_SUB.URBAN_COLLISION_&_PAT —_5990-02/..09/_94 .3,527.68---_.-. 007181 SUBURBAN PROPANE 5991 02/09/94 27. 15 003260 T A SCHIFSKY & SONS 5992 02/09/94 424.94 . - 003560 TRACY-PRIN-TING 5993-02/-09/_94 385.83 008010 UNIFORMS UNLIMITED 5994 02/09/94 1 ,058.45 . 0.03695 UNIVERSITY OF MINNESOTA . 5995 02/09/94 202.00 —003710—VAN-0-LI TE._INC__.__-_ _ 5996-.02/09/-94----25.01 003720 W W GENERATOR REBUILDERS 5997 02/09/94 220.05 008168 WALMAN OPTICAL CO. 5998 02/09/94 41 .00 003820--ZAH L_EQUI PMENT_COMPANY- 5.999-02/_0.9194 _— _5.47.00 - FIRSTAR ST. ANTHONY CHECKING 26,708. 14 CITY OF COLUMBIA HEIGHTS 590 40th Avenue N. E. Columbia Heights,MN 55421-3878 (612) 782-2800 Mayor January 26, 1994 Joseph Sturdevant Councilmembers Donald G.Jolly Bruce G. Nawrocki Mr. Larry Hamer Gary L.Peterson City Of St. Anthony Robert W.Rueuimann 3301 Silver Lake Road City Manager St. Anthony, MN 55418 Patrick Hentgcs Subject: Railroad Crossing - Stinson Blvd. north of 37th Ave. Dear Mr. Hamer: In conjunction with the joint project between St. Anthony, Columbia Heights and the Soo Line Railroad, we have estimated the cost of the items the cities will be responsible for. As you can see on the attached Engineer's Estimate, the total city portion of the project would be approximately $25,400 and the individual shares of-the two cities would be $12,700. I suggest that we meet with our respective City Councils to determine their direction on this project and if appropriate prepare a Joint Powers Agreement between St. Anthony and Columbia Heights. After you have gotten a commitment from your City Council, please contact me and we will draft up a Joint Powers Agreement. I don't feel that either of us are in a position to enter into an agreement with the Soo Line until we have a Joint Powers Agreement between our respective cities. If you have any questions, please call me at 782-2882. Since jely, Mark A. Winson, P.E. Public Works Director/City Engineer MAW:jb 94-059 r'. "SERVICE IS OUR BUSINESS" EQUAL OPPORTUNITY EMPLOYER 24—Jan-94 • CITY OF COLUMBIA HEIGHTS RUBBERIZED RAILROAD CROSSING STINSON BLVD, NORTH OF 37TH AVE MUNICIPAL PROJECT 9402 ENGINEER'S ESTIMATE NO. DESCRIPTION QUANTITY UNIT UNIT PRICE TOTAL 1 Traffic control 1 L.S. $1,000 $1,000 2 Disposal of existing crossing surface 1 L.S. $2,000 $2,000 (ties and asphalt) 3 Rubber surfaced crossing material 52 L.F. $200 $10,400 4 Asphalt/concrete pavement 1,200 S.F. $10 $12,000 TOTAL COSTS $25,400 CITY OF COLUMBIA HEIGHTS SHARE $12,700 • STAFF REPORT DATE: January 27, 1994 FROM: Thomas D. Burt TO: Mayor and Councilmembers SUBJECT: RESOLUTION 94-019, CHARITABLE GAMBLING PREMISES APPLICATION The subject of the attached resolution was approved by the City Council last November. The due date for filing the application was missed and the Sports Boosters were informed they need a new resolution to re-submit the application. RECOMMENDATION Council approval of Resolution 94-019. CITY OF ST. ANTHONY RESOLUTION 94-019 A RESOLUTION APPROVING THE APPLICATION FOR PREMISES PERMIT RENEWAL RELATING TO CHARITABLE GAMBLING BE IT RESOLVED that the City Council of the City of St. Anthony hereby approves the Application for Premises Permit Renewal made by the St. Anthony Sports Boosters to conduct charitable gambling at two municipally owned-liquor establishments (Apache Wells, 3800 Silver Lake Road and the Stonehouse, 2700 Highway 88) located within the City of St. Anthony. • Adopted this day of , 1994. Mayor ATTEST: City Clerk Reviewed for administration: City Manager • MEMORANDUM DATE: February 2, 1994 TO: Thomas D. Burt, City Manager FROM: Roger Larson, Finance Director ITEM: PIPER CAPITAL INVESTMENT MANAGEMENT AGREEMENT In November of '93, the water filtration funds invested in the Piper Government Institutional Fund were liquidated due to projections that bond prices were going to decline.- Those predictions were accurate and the decision to sell reflected a nice gain in principal for the City of St. Anthony. Since the sale of this instrument, I researched several proposals from investment firms (Paine Webber, Norwest Banks, Juran & Moody and Piper Jaffray) to determine the best direction to take to re-invest these funds. After reviewing the alternatives, I feel Piper Capitals managed portfolio concept will provide St. Anthony the highest rate of return while maintaining the security and liquidity required for • this investment. The annual results of the managed portfolio are impressive (6.73% in 1992 & 8.55% in 1993) and compared to the other proposals, was the only option whose 'primary objective was to preserve principal while offering a yield of at least 2% above the 90 day Treasury Bill rate. The basic instruments invested in are conservative in nature and include: high quality T=Bills: T-Notes; T-Bonds; and occasional Commercial Paper with maturities of 5 years of less. The managed portfolio concept requires an Investment Management Agreement which is entered into by the Client and the Broker. It summarizes the restrictions imposed by the City and outlines the authority the broker is granted. I forwarded a copy to Bill Soth for him to review and we implemented additional language on behalf of the City. A simplified review of the managed portfolio agreement is as follows: 1) An agreement is entered into which allows the broker (Piper Capital) to buy and sell securities on behalf of the City. 2) These investments must comply with Minnesota Statutes which govern municipal investments. • 3.) The managedportfolio will generate a yield of at least 2% above the 90 day Treasury. 4) Termination of the agreement is by 30 days written notice, however, upon receipt of such notice, all transactions by the broker must have written approval by the Director of Finance. 5) Fees will be .50% of the annual interest earnings and are assessed quarterly in arrears. Recommendation: Council approve Resolution #94-020 which authorizes the Mayor, City Manager and Finance Director to execute an Investment Management Agreement between the City of St. Anthony and Piper Management Incorporated. • CITY OF ST. ANTHONY RESOLUTION 94-020 A RESOLUTION AUTHORIZING THE MAYOR, CITY MANAGER, AND FINANCE DIRECTOR TO EXECUTE AN INVESTMENT MANAGEMENT AGREEMENT BE IT RESOLVED, that the Mayor, City Manager and Finance Director are hereby authorized to execute an Investment Management Agreement between the City of St. Anthony and Piper Capital Management Incorporated, on behalf of the City, for the purpose of setting forth the terms and conditions by which Piper Capital Management Inc. will manage the assets designated for management. Adopted this da of , 1994. P Y Mayor ATTEST: City Clerk Reviewed for administration: City Manager • CITY OF ST. ANTHONY ORDINANCE 1994-001 AN ORDINANCE RELATING TO WATER RATES, AMENDING SECTION 610.02 OF THE 1993 ST. ANTHONY CODE OF ORDINANCES The City Council of the City of St. Anthony hereby ordains: Section 1. Section 610.02 is amended to read as follows: 610.02. Water Rates. Water bills will be computed quarterly based on metered water used at the rate of $.86 per 100 cubic feet or any fraction thereof. Section 2. This ordinance shall be in effect as of the date of its publication. First Reading: January 11, 1994 Second Reading: January 25, 1994 Adopted: February 8, 1994 Mayor ATTEST: Published in the St. Anthony Bulletin on the day of 19