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HomeMy WebLinkAboutCC WORKSESSION 02041997CITY OF ST. ANTHONY CITY COUNCIL WORK SESSION AGENDA February 4, 1997 7:00 P.M. Council Chambers Pa e s I. CALL TO ORDER. II. ROLL CALL. III. DISCUSS UPCOMING BOARD OF REVIEW MEETING WITH HENNEPIN COUNTY APPRAISERS GLEN BUSITZKY AND CARRIE LUTHER. IV. REVIEW WATER AND SEWER RATES ....................... 1 -3 V. DISCUSS SAV 2 STORE ............................... 4 - 11 VI. APACHE PLAZA UPDATE. VII. REVIEW INFORMATION REGARDING STREET IMPROVEMENTS HEARING .......... ............................... 12 -22 VIII. DISCUSS FEBRUARY 22ND BUILDING DEDICATION DATE AND OTHER BUILDING ISSUES. IX. OTHER BUSINESS .... ............................... 23 -32 X. ADJOURNMENT. IV. REVIEW WATER AND SEWER RATES. MEMORANDUM DATE: January 27, 1997 TO: Mike Mornson, City Manager FROM: Roger Larson, Finance Director ITEM: 1997 WATER/SEWER RATES The Public Works Director has submitted a 1997 water budget of $369,950 and a sewer budget of $675,500. Based on the approval of those budgets, I have completed an analysis to determine if a rate increase is necessary to balance these operating budgets. The results are as follows: Water: In 1997, it is anticipated that St. Anthony will sell 41,000,000 cubic feet of water. Calculating the estimated 1997 water revenue (41,000,000 X $.90 divided by 100) shows a total income of $369,000. Expenditures of $369,950 plus the water filtration levy transfer of $15,200 requires revenues to total $385,150. Based on the fact that estimated water sales of $369,000, a deficit of ($16,150) exists and a moderate increase is necessary to balance the water operating budget. Recommendation: The present rate of $.90 per 100 cubic feet is not sufficient to balance the 1997 water operating budget. Projected expenditures exceed revenues by ($16,150), therefore, a rate increase of $ .04 cents per 100cf is necessary to fund the 1997 water operating budget. (41,000,000 X .94 divided by 100 = $ 385,400) Sewer: Currently, sanitary sewer disposal costs the residents $1.65 per 100 cubic feet. Based on Metro Waste's estimate of flowage, disposal for '97 is approximately 40,000,000 cubic feet. Using the current sewer rate when calculating the estimated '97 sewer revenue (40,000,000 X $1.65 divided by 100) shows a projected income of $660,000. This produces a deficit and indicates a rate increase is necessary to offset the 1997 sewer operating budget. z In 1988, the City Council passed ordinance 1988 -004 relating to sewer rates and charges. It states that all sewer charges shall be at the rate of $1.20 per hundred cubic feet of water used plus a Metro Waste surcharge as determined by the following formula: Metro Waste Rate Surcharge Formula X = .88Y -$.88 $315,000 X = Surcharge per 100 cubic feet Y = Metro Waste charges for calendar year ($448,148 in '97) Using this formula, the charge for sanitary waste disposal in 1997 is $1.58 per 100 cubic feet. This would produce a projected sewer revenue of $632,000. With expenditures of $675,500, a deficit of ($43,500) exists. What this points out, is that the current formula is inadequate to produce revenues needed to balance the 1997 operating budget. The formula works fine when there is an increase in Metro Wastes charges, but, when sewer disposal costs decrease and inflationary increases occur in other portions of the sewer budget (salary & benefits) the formula is inadequate and needs revision. To balance the 1997 operating budget, the sewer rate needs to be $1.72 per hundred cubic feet commencing the first quarter in 1997. Recommendation: The formula be change to included inflationary increases to the annual operating budget other than Metro Waste's charges. I discussed this issue with the City Auditor and we are recommending the ordinance be changed to: Metro Waste Rate Surcharge Formula X = .88Y -$.88 + Z $315,000 X = Surcharge per 100 cubic feet Y = Metro waste charges for calendar year Z = Inflationary adjustment for operating budget By making this change the sewer rate for 1997 would be established at $1.72 per 100 cubic feet and balance the 1997 sewer budget. In addition, the revision corrects the formula for future years. Average Bill: (2200 ccf) 1996 Water $ 19.80 Sewer $ 36.30 Increase 1997 Per Quarter $ 20.68 $ .88 $ 37.84 1.54 $ 2.42 V. DISCUSS SAV 2 STORE. January 31, 1997 Mr. Larry McCabe Ste. Marie Company 601 Second Avenue South Minneapolis, MN 55402 RE: Letter of Understanding and Intent to Purchase Property at St. Anthony, Minnesota Dear Mr. McCabe: This letter is intended to outline the terms and conditions of a purchase of the property located at Lot 5, Blk 1, Silver Lake Center (Tires Plus, 3800 Silver Lake Road) in St. Anthony, Minnesota ( "Property") by and between the City of St. Anthony ( "Purchaser ") and Ste. Marie Company ( "Seller "). Please consider the following proposed terms and conditions: Purchaser: Housing and Redevelopment Authority of St. Anthony, Minnesota Property: The real property (land and building) located in Ramsey County, Minnesota, located at 3800 Silver Lake Road in St. Anthony, Minnesota, legally described as Lot 5, Block 1, Silver Lake Center, according to the recorded plat thereof, Ramsey County, Minnesota. Purchase Price: $650,000.00. Earnest Money: $1,000.00, which shall be payable upon the execution of the purchase agreement and shall be refundable on or before waiver of Purchaser's contingencies. Closing Date: On or before May 1, 1997. 5 Page 2 Environmental and Survey: Seller shall provide within fifteen (15) days following execution of the Purchase Agreement a Phase I environmental report and an ALTA /ASCM Class A boundary survey. Contingencies: Purchaser shall have a period of thirty (30) days following receipt of the above Phase I environmental report and an ALTA /ASCM Class A boundary survey ( "Due Diligence Period ") for Purchaser to satisfy itself as to the results of all investigations with respect to the Property including title, environmental and zoning. Purchase of the property will be contingent upon H.R.A. approval. Financing: Purchaser's offer to purchase is not subject to financing. Pro -Rata Income Expenses: All income and expenses related to the operation of the Property shall be pro -rated to the date of closing. Real Estate Taxes and Special Assessments: Real Estate Taxes and Special Assessments due and payable in 1997 shall be pro -rated to the date of closing. Any outstanding (levied or pending) assessments shall be assumed by Purchaser. Closing Costs: Purchaser shall be responsible for all premiums required for the issuance of the Title Policy, Mortgage Registration Tax, Recording Fees, one -half of the closing fees charged by the Title Insurance company, and its attorney's fees. The Seller shall be responsible for the payment of the State Deed Tax, the costs of Title Evidence, and one -half of the closing fee charged by the Title Insurance Company. Attorney's Fees: Each of the parties will pay its own attorney's fees, except that a party defaulting under this Agreement or any closing document will pay the reasonable attorneys' fees and court costs incurred by the non - defaulting parry to enforce its rights hereunder. I Page 3 Documentation: By purchase agreement to be mutually executed by no later than fourteen days after execution of this Letter of Understanding The only instrument that shall bind either par1y is a fully executed purchase agreement. Acceptance: This offer shall remain in effect until February 12, 1997, after which time it shall become null and void. If this Letter of Understanding and Intent is acceptable, please acknowledge by signing below and we will draft a purchase agreement to reflect the terms and conditions stated herein. Upon full execution of this Letter of Understanding and Intent, Purchaser and Seller agree to use their best efforts to complete the purchase agreement by February 25, 1997. During this time period, Seller agrees that it will not enter into negotiations with any other interested parties. Sincerely, CITY OF ST. ANTHONY Michael J. Mornson City Manager AGREED AND ACCEPTED: STE. MARIE COMPANY Acknowledged this day of 1997. JAN -09 -97 15130 FROM:SPRINGSTED INC ID:6122233093 To Annual PF 811/96 - 7/31/97 61,380 $10.50 8/1197 - 7/31/02 67,840 $11.50 8/1/02 - 7/31/07 74,301 $12.50 8/1/07 7/31/11 80,762 City of St. Anthony, Minnesota _ Liquor Store Revenue Loan Tires Plus Site -15 Year Amortization Loan Dated 211/97 Mature 12/1 Reserve Rev. Mat. Total Available Income Annual Cumulative Annual Year Year Principa l Rae Interest D/S Revenue' S.50o,6 Sumtus Surplus Coverage (1) (2) (3) (4) (5) (6) O (8) (9) (10) (11) 1997 1997 25,000 4.50% 32,600 57,600 58,418 0 818 818 1.01 1998 1998 30,000 4.75% 37,995 67,995 67,840 0 (155) 663 1.00 1999 1999 30,000 4.90% 36,570 66,570 67,840 0 1,270 1,933 1.02 2000 2000 30,000 5.00% 35,100 65,100 67,840 0 2,740 4,673 1.04 2001 2001 35,000 5.15% 33,600 68,600 67,840 0 (760) 3,913 0.99 2002 2002 40,000 5.25% 31,798 71,798 69,994 0 (1,804) 2,109 0.97 2003 2003 45,000 5.35% 29,698 74,698 74,301 0 (397) 1,713 0.99 2004 2004 45,000 5.45% 27,290 72,290 74,301 0 2,011 3,724 1.03 2005 2005 50,000 5.65% 24,838 74,838 74,301 0 (537) 3,187 0.99 2006 2006 50,000 5.75% 22,013 72,013 74,301 0 2,289 5,476 1.03 2007 2007 60,000 5.85% 19,138 79,138 76,455 0 (2,683) 2,793 0.97 2008 2008 65,000 5.95% 15,628 80,628 80,762 0 135 2,928 1.00 2009 2009 70,000 6.10% 11,760 81,760 80,762 0 (998) 1,930 0.99 2010 2010 70,000 6.20% 7,490 77,490 80,762 0 3,272 5,202 1.04 2011 2011 50,000 6.30% 3,150 53,150 53,841 0 691 5,893 1.01 695,000 368,665 1,063,665 1,069,558 0 5,893 1.01 (Avg 1998 - 2011) Bond Years: 6,299.17 Avg. Maturity: 9.06 NIC 5.85% Annual Interest 368,665 Discount 1.75% 0 Total Interest 368,665 Available Revenue - Scheduled Lease Pavments Base From To Annual $9.50 811/96 - 7/31/97 61,380 $10.50 8/1197 - 7/31/02 67,840 $11.50 8/1/02 - 7/31/07 74,301 $12.50 8/1/07 7/31/11 80,762 Composition of Issue Purchase Price 675,000 Bond Reserve 0 Bond Discount 0 Costs / Legal 20.000 Total Issue 695,000 Based on Current Lease Schedule " This schedule demonstrates the amount that can be supported by Tires Plus lease payments. Actual bond issues will require additional reserves and costs plus a coverage factor of 1.5 - 2.0 times. Prepared by: Springsted Inoorporeted (176!97) STANLOJQS MEMORANDUM DATE: December 26, 1996 TO: Mike Morrison, City Manager FROM: Roger Larson, Finance Director ITEM: LIQUOR STORE/LEASE VS PURCHASE ANALYSIS Attached is an analysis of the current proposals for the new SAV II liquor store. The following is a recap of the average cost per square foot of the three options: 1) Lease Proposal $ 9.66 2) Purchase of Tires Plus building $ 9.48 3) Purchase of Muffler Shop $11.79 From a cost per square foot standpoint, the lease proposal and the purchase of the Tires Plus building are relatively equal. However, ownership of the premises has advantages over a lease /rent agreement (the value of property can significantly increase during ownership). If St. Anthony were to purchase, the numbers indicate that the Tires Plus option is the most favorable. The initial cash outlay of $570,000.00 (plus interest) can be recouped over the life of the lease. In addition, rent proceeds exceed debt service payments by $185,331. This excess revenue could be used to upgrade the current structure to insure increased value of the property. Comparing lease and ownership arrangements: 1) Lease /Rent arrangement A. Advantage is that the liquor operation avoids debt service payments, interest charges, reserve funding requirements and issuance costs associated with the issuance of $765,000.00 liquor revenue bonds. B. Disadvantages are: 1) At the end of the lease you have no equity and; 2) Retail leases often limit the tenants ability expand, make site improvements or terminate the lease. 2) Ownership arrangement A. Advantages include: 1) When the debt is retired, there is equity or value in the property; 2) Ownership allows more flexibility to make changes, expand or sell the existing site, without third party approval. M B. Disadvantages of ownership are: 1) Cost of building improvements; 2) Upkeep of the premises may be significant and; 3) The City assumes debt by issuing liquor revenue bonds which we do not with a lease. From a numbers perspective, the Muffler Shop is the least attractive of the two options to purchase. The cost per square foot is higher and the cash outlay is $20,000.00 more than the $275,000.00 lease proposal because of legal and purchase costs associated with ownership. In addition, the purchase of this property removes it from the tax roles (with the Tires Plus option, the portion leased remains on the tax roles). The H.R.A. could fund the purchase of either the Tires Plus or Muffler Shop buildings by using the a portion of the H.R.A. Projects fund balance. Currently, the cash on hand is approximately $800,000.00. There is no advantage of internally funding the building of a new liquor store (cost for bonding or internal funding is approximately $1.2 million). Also, because of the volatility associated with the liquor industry, internal funding could have a negative impact on St. Anthony's bond rating if profits for the liquor operation did not meet expectations. K N Lease Proposal: $ 7.25 ( 1 - 5 yrs) $ 308,342.50 $ 7.50 ( 6 - 10 yrs) $ 318,975.00 $ 7.75 (11 - 15 yrs) $ 329,607.50 HRA Contribution $ 275.000.00 Total Rent $1,231,925.00 $ 9.66 Per Square Ft. Tires Plus Proposal: Liquor Revenue Bonds $1,209,254.00 HRA Contribution * $ - 0 - Total Costs $1,209,254.00 $ 9.48 Per Square Ft. *Current Tire Plus lease repays $570,000.00 HRA capital outlay with interest (Includes $20,000.00 legal and purchase costs). Muffler Shop Proposal: Liquor Revenue Bonds $1,209,254.00 HRA Contribution ** $ 295.000.00 Total Costs $1,504,254.00 $11.79 Per Square Ft. * *Includes $20,000.00 legal and purchase costs (Assumes no repayment of captial outlay). I )EC -3196 15x29 FROMsSPRINGSTED INC IDiS122233093 PAGE II City of St. Anthony, Minnesota Liquor Store Revenue Bonds 16 Year Amortization 15 Year Bonds Dated 3/1,97 Liquor Revenue Bonds Mature 12/1 765,000 444,254 1,209,254 3,992,098 142,768 3.43 (Avg 1998 - 2011) Bond Years: 7,473.75 Avg. Maturity: 9.77 NIC 6.12% Annual interest 444,254 Discount@ 1.75% 13,388 Total interest 457,641 Add Back - Nonoperating Income Reserve Depreciation 82,645 Rev. Mat. SAV II Rent 69.045 Total Available Income Annual Year Year Principal Rate Interest D/S Revenue' 5.50% Surplus Coverage (1) (2) (3) (4) (5) (6) (7) 0 (1) (2) 1997 1997 0 4.50% 32,839 32,839 29,683 3,156 0 1.00 1998 1998 35,000 4.75% 43,785 78,785 264,161 4,208 189,584 3.41 1999 1999 35,000 4.90% 42,123 77,123 264,161 4,208 191,246 3.48 2000 2000 40,000 5.00% 40,408 80,408 264,161 4,208 187,961 3.34 2001 2001 40,000 5.15% 38,408 78,408 264,161 4,208 189,961 3.42 2002 2002 40,000 5.25% 36,348 76,348 264,161 4,208 192,021 3.52 2003 2003 45,000 5.35% 34,248 79,248 264,161 4,208 189,121 3.39 2004 2004 45,000 5.45% 31,840 76,840 264,161 4,208 191,529 3.49 2005 2005 50,000 5.65% 29,388 79,388 264,161 4,208 188,981 3.38 2006 2006 50,000 5.75% 26,563 76,563 264,161 4,208 191,806 3.51 2007 2007 55,000 5.85% 23,688 78,688 264,161 4,208 189,681 3.41 2008 2008 60,000 5.95% 20,470 80,470 264,161 4,208 187,899 3.34 ^ 109 2009 60,000 6.10% 16,900 76,900 264,161 4,208 191,469 3.49 10 2010 65,000 6.20% 13,240 78,240 264,161 4,208 190,129 3.43 2011 2011 70,000 6.30% 9,210 79,210 264,161 4,208 189,159 3.39 2012 2012 75,000 6.40% 4,800 79,800 264,161 80,708 265,069 4,32 765,000 444,254 1,209,254 3,992,098 142,768 3.43 (Avg 1998 - 2011) Bond Years: 7,473.75 Avg. Maturity: 9.77 NIC 6.12% Annual interest 444,254 Discount@ 1.75% 13,388 Total interest 457,641 Available Revenue - l two - GOmolnea 3 stores: Gross Profit From Sales 946,079 Total Operating Expenses (898,483 Net Operating Income 47,596 Add Back - Nonoperating Income 51,700 Depreciation 82,645 Bond Interest & Fees (paid off) 13,175 SAV II Rent 69.045 Stores SAV I, SAV II & Stonehouse I Comoosition of Issue Improvement Cost 650,000 Bond Reserve 76,500 Bond Discount 13,388 Costs of Issuance 25.112 Total Issue 765,000 Prepared al• Spengsted Inoorporated (12/9/96) STANUMS S0720F2 VII. REVIEW INFORMATION REGARDING STREET IMPROVEMENTS HEARINGS. iz CITY OF ST. ANTHONY NOTICE OF HEARING ON ASSESSMENTS FOR 1997 STREET IMPROVEMENTS TO WHOM IT MAY CONCERN: TIME AND PLACE Notice is hereby given that the City Council of the City of GENERAL NATURE OF St. Anthony, Minnesota, will meet in the City Council IMPROVEMENTS: Chambers in the City of St. Anthony on the 11th day of February, 1997, at 7:00 P.M. or as soon thereafter as possible, to consider objections to the proposed assessments for 1997 Street Improvements, heretofore ordered by the City Council. ASSESSMENT ROLL The proposed assessment roll is on file with the City Clerk OPEN TO INSPECTION: and open to public inspection. AREA PROPOSED The area proposed to be assessed consists of every lot, piece TO BE ASSESSED: or parcel of land benefitted by said improvement, which has been ordered made is as follows: 1997 STREET AND UTILITY IMPROVEMENTS PROJECT This project consists of street reconstruction and replacement of water main and storm sewer lines on the following streets in the City of St. Anthony: 1. Roosevelt Street, between 35th Avenue NE and 37th Avenue NE 2. 35th Avenue NE, between Stinson Boulevard and Harding Street TOTAL AMOUNT OF The total amount proposed to be assessed is $162,723.38. PROPOSED ASSESSMENT: WRITTEN OR ORAL Written or oral objections will be considered at the hearing. OBJECTIONS: Notice of Hearing 1997 Assessments Page 2 RIGHT OF APPEAL: An owner of property to be assessed may appeal the assessment to the district court of Hennepin County pursuant to the Minnesota Statutes, Section 429.081 by serving notice of the appeal upon the Mayor or Clerk of the City within 30 days after the adoption of the assessment and filing such notice with the district court within ten days after service upon the Mayor or Clerk. LIMITATION ON APPEAL: No appeal may be taken as to the amount of any assessment adopted by the City Council unless a written objection signed by the affected property owner is filed with the Clerk prior to the assessment hearing or presented to the presiding officer at the hearing. All objections to the assessments not received at the assessment hearing in the manner prescribed by Minnesota Statutes, Section 429.061 are waived, unless the failure to object at the assessment hearing is due to a reasonable cause. DEFERMENT OF Under the provisions of Minnesota Statutes Sections 435.193 ASSESSMENTS: to 435.195, the City may, at its discretion, defer the payment of assessments for any homestead property owned by a person 65 years of age or older for whom it would be a hardship to make the payments. MAILED NOTICE: The notice of this hearing mailed to property owners contains additional information. Michael J. Morrison City Manager Published: St. Anthony Bulletin January 29, 1997 February 5, 1997 13 rn '.!ain "0' C' o�uy illa Administrative Offices 3301 Silver Lake Road, St. Anthony, Minnesota 55418 -1699 (612) 789 -8881 FAX (612) 789 -9602 January 22, 1997 Property address: Dear Resident: Enclosed are legal notices for the upcoming improvements on your street. The City received bids and the actual amount which will be assessed to your property will be $ If you have any questions prior to the hearing on February 11, 1997, please do not hesitate to call me. Sincerely, Michael Mornson City Manager Enclosure: Notice of Hearings E 01/21/97 11:31 V612 935 8814 RCH ASSOCIATES Q0 C c G O V L� a O O m d m N �o coo 0 ti CL fY Z S C Lm H E o u¢� is t>_ N LA 0 r p W W rn N tp p 0 0 N 0 Ny� 00 N 0 M M c a N o y N o N y y y O p m t0 �Q O m m ��.. 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ANTHONY RESOLUTION 97 -017 A RESOLUTION ORDERING IMPROVEMENTS WHEREAS, a resolution of the City Council adopted on the 14th day of January, 1997, fixed a date for Council hearing on the proposed improvements: 1997 STREET AND UTILITY IMPROVEMENTS PROJECT This project consists of street reconstruction and replacement of water main and storm sewer on the following streets: Roosevelt Street, between 35th Avenue NE and 37th Avenue NE 35th Avenue NE, between Stinson Boulevard and Harding Street WHEREAS, ten days' mailed notice and two weeks' published notice in advance of said hearing was given and the hearing was held thereon on the 11th day of February, 1997, at which time all persons desiring to be heard were given an opportunity to be heard thereon. NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of St. Anthony approves such improvements as are hereby ordered as proposed in the Council Resolution adopted the 11th day of February, 1997. Adopted this day of , 1997. ATTEST: City Clerk Reviewed for administration: Mayor City Manager 17 1f CITY OF ST. ANTHONY RESOLUTION 97 -018 A RESOLUTION ADOPTING AND CONFIRMING ASSESSMENTS FOR VARIOUS PUBLIC IMPROVEMENTS The amount proper and necessary to be specially assessed at this time for various public improvements: First First Year Year Project Years Levy Collectible Assessed Reconstruction and utility rehabilitation (35 % assessable): Roosevelt Street, between 35th Avenue NE and 37th Avenue NE 35th Avenue NE, between Stinson Boulevard and Harding Street 15 1997 1998 $162,723.38 against every assessable lot, piece, or parcel of land affected thereby has been duly calculated upon the basis of benefits, without regard to cash valuation, in accordance with the provisions of Minnesota Statutes, Chapter 429, and notice has been duly published, as required by law that this Council would meet to hear, consider and pass upon all objections, if any, and said proposed assessment has at all time since its filing been open for public inspection and an opportunity has been given to all interested persons to present their objections if any, to such proposed assessments. 2. This Council, having heard and considered all objections so presented, finds that each of the lots, pieces and parcels of land enumerated in the proposed assessment was and is specially benefitted by the construction of said improvement in not less than the amount of the assessment set opposite the description of each such lot, piece and parcel of land respectively, and such amount so set out is hereby levied against each of the respective lots, pieces and parcels of land therein described. 3. The proposed assessments are hereby adopted and confirmed as the proper special assessments for each of said lots, pieces and parcels of land respectively, and the assessment against each parcel, together with interest at the rate calculated at 2% over the prime rate at the time of assessment per annum accruing on the full amount thereof unpaid, shall be a lien concurrent with general taxes upon parcel and all thereof. The total amount of each such assessment not pre -paid shall be payable in equal annual principal installments extending over a period of years, as indicated in each case. The first of said installments, together with interest on the entire assessment for the period of January 1, 1997 through December 31, 1997, will be payable with II Resolution 97 -018 Page 2 general taxes for the levy year of 1997, collectible in 1998, and one of each of the remaining installments, together with one year's interest on that and all other unpaid installments, will be payable with general taxes for each consecutive year thereafter until the entire assessment is paid. 4. The owner of any property so assessed may, at any time prior to certification, make payments (partial or full) towards the balance owed. The owner may, at any time after certification, pay the whole of the assessment, with interest accrued to the date of payment, except that no interest be charged if the entire assessment is paid by November 30th of the assessment year. The City Clerk shall, as soon as may be, prepare and transmit to the County Auditor a certified duplicate of the assessment roll, with each installment and interest on each unpaid assessment set forth separately, to be extended upon the property tax lists of the County and the County Auditor shall thereafter collect said assessment in the manner provided by law. Adopted this day of , 1997. ATTEST: City Clerk Reviewed for administration: Mayor City Manager zo CITY OF ST. ANTHONY RESOLUTION 97 -019 A RESOLUTION AWARDING A BID FOR 1997 STREET AND WATERMAIN IMPROVEMENTS WHEREAS, pursuant to an advertisement for bids for the improvement as shown on the plan for the above referenced project, bids were received, opened and tabulated according to law, and the following bids were received complying with the advertisement: Bidder /Address Total Bid Northdale Construction $570,547.33 Rogers, MN Midwest Asphalt Corporation $586,666.00 Hopkins, MN Bonine Excavating, Inc. $603,615.00 Elk River, MN C. S. McCrossan Construction, Inc. $622,955.30 Maple Grove, MN Ryan Contracting, Inc. $623,269.00 Burnsville, MN Brown and Cris, Inc. $628,427.44 Lakeville, MN Valley Paving, Inc. $632,077.47 Brooklyn Park, MN S. R. Weidema, Inc. $634,430.15 Maple Grove, MN Arcon Construction, Inc. $645,343.91 Mora, MN WHEREAS, it appears that Northdale Construction of Rogers MN, is the lowest responsible bidder. Resolution 97 -019 Page 2 NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of St. Anthony: 1. That the Mayor and City Manager are hereby authorized and directed to enter into a contract with Northdale Construction in the amount of $570,547.33 in the name of the City of St. Anthony, Minnesota for the improvement outlined in the above referenced project according to the plans and specifications, therefore, approved by the City Council and on file in the office of the City Clerk. 2. The Engineer, Rieke, Carroll, Muller Associates, Inc. is hereby authorized and directed to return forthwith to all bidders the deposits made with their bids, except that the deposits of the successful bidder and the next two lowest bidders shall be retained until a contract has been signed. Adopted this day of ATTEST: City Clerk Reviewed for administration: Mayor City Manager f S92 21r CITY OF ST. ANTHONY RESOLUTION 95 -015 SAMPLE ZZ RESOLUTION CALLING FOR THE SALE OF GENERAL OBLIGATION IMPROVEMENT BONDS, SERIES 1995A BE IT RESOLVED by the City Council of the City of St. Anthony (the City), as follows: Section 1. Purpose. The City Council has ordered the 1995 Watermain and Street Improvements under Minnesota Statutes, Chapter 429 (collectively the Improvements). To finance the Improvements, it is determined to be in the best interests of the City to issue its General Obligation Improvement Bonds, Series 1995A in the principal amount of $825,000 (the Bonds), pursuant to Minnesota Statutes, Chapters 429 and 475. Section 2. Terms of Proposal. Springsted Incorporated, financial consultant to the City, has presented to this Council a form of Terms of Proposal for sale of the Bonds, which is attached hereto and hereby approved and shall be placed on file with the City Clerk. Each and all of the provisions of the Terms of Proposal are hereby adopted as the terms and conditions of the Bonds and of the sale thereof. Springsted Incorporated, as independent financial advisors, pursuant to Minnesota Statutes, Section 475.60, Subdivision 2, paragraph (9) is hereby authorized to solicit bids for the Bonds on behalf of the City on a negotiated basis. Section 3. Sale Meeting. This Council shall meet with the City Hall on Tuesday, February 14, 1995 at 7:00 o'clock P.M. for the purpose of considering sealed bids for the purchase of the Bonds, and of taking such action thereon as may be in the best interests of the City. Section 4. Reimbursement of Costs from Proceeds of the Bonds. All or a portion of the costs of the Improvements may be paid by the City prior to the issuance of the Bonds to finance the Improvements, and to the extent such costs are paid by the City prior to the issuance of the Bonds it is the reasonable intent of the City to reimburse all of a portion of the costs of the Improvements paid by the City prior to the issuance of the Bonds from the proceeds of the Bonds. Adopted this 10th day of January, 1995. Attest: y C er Mayor Reviewed for administration. City Manager Z O Q 0 Z } H W a a } Z O Z Q F- z3 0 O Cn CO 00 O 19t 0) M O (ONMN N ncr M LO N nQ LOQ ,.00000000000 0� '01, 0 0 0 0 0 00 I4.w 'OOC :); OO(OO CD 07i CkOOnnNOOO OD CG ;L Oi 0i CO h OD 00 O O N t Qi M O CO LO [n :O 04 0 00 CO V NCO V OO 0-g ��(O n(O(() N 00nOO 000 000 m mn(O (Dui m ;0) 00MO1'- 0VOnvco0) 0 n co LO r 0)CN con coo N N N O N 0 0 N r.._ t. co 0) 0) W m Q y.. 0 0 0 0 0 0 to C N' _. > O 0 0 0 0 0 0 0 0 0 0 0 co 0 0 0 0 0 0 0 0 0 0 0 0 O O 0 (0Oi 0 0 0 0 0 0 0 0 0 0 0 0 0 0 m(OCOnv CA P-cO 0 CV comn(OOOV Oi n(n00 W . 0 -V (O 0 nM M 0 000000�� oLO 0 0 0 0 0 0 0 0 0 0 0 0 O M j `. O O O O O O O O O O O O co M M M M M M M M M M M M M V N N N N N N N N N N N N N N M M M M M M CM M M M CM M co co N N N N N N N N N N N N N N 0 0 0 0 0 0 0 0 0 0 0 0 0 0 N N N N N N N N N N N N N N O O O O O O O O O O O O 99 rl- �r-r.r.r.r.- [I- r- r r-L r� ran O O O O O O a O O O 00 i W W W W W W Z Z Z Z Z Z :r- HF- L HE- �- N N N N (0 CA to N > m m;a)ma)ma) QQQQQ~ a)m Qm ac 0) c c c 3 L. 3 3 3 3( 3 o d Y (1) Y m Y (u Y 0 J 00 J J 0 J 0 J 0 N CO NM V CO 0Mn,O r•N :7V V CV) (Y)0 o CV N-O O C N N N N N N N N N N N Q N Y l0 Co a � aC N C_ O 3 y ".. ca 06 — 7 U` C O ..+ C � = omommLCtcu� �.. Q rLQ z3 �- Cln yr .,� .-•.. ST INSON t /A �. 2 4- /f 1f 5 T 61 f I .. d t ♦ e/ \r r • a� 3 4� o� 8� C N i ~J i '4 .c y o• o v f; 1� N Q 3 0 U H ` F � a O �J V o a N a a� �W F � l to T/ J: (J Z H° xw wa a a v: \ in \ •S m W N W Q N y�1 m T W m Z e "g qqq�q o y � m nl I Z 2 Iz m o N � N m as e n LL r 25- MEMORANDUM DATE: January 27, 1997 TO: Mike Morrison, City Manager FROM: Roger Larson, Finance Director ITEM: REVIEW OF EARLY RETIREMENT In years 1991, 1992 and 1993, the State of Minnesota authorized Cities to offer an early retirement incentive to public employees who were age 55 and had completed 25 years of service. Each City had the option of approving an increase in the PERA formula by 1/4% or paying single health insurance coverage premiums (until age 65) as an encouragement to retire early. For years '91 and '92 Council approved the single health insurance premium option as an early retirement incentive and chose not to participate the third and final year. The basic concept of the early retirement incentive was to allow employees who wished to retire early an opportunity to do so and at the same time save money for the participating Cities'. The savings is realized because employees who are near or close to retirement are at the top of their wage scale. Because the new employee starts out considerably less, a savings results (see attached example). In preparing these analysis', it becomes apparent that the results can vary depending upon the length of time the City is obligated to pay health insurance premiums. Upon testing several different employees, the follow appears to be evident: 1) Age 55 - Ten years of health insurance premiums results in no benefit to the City. 2) Age 60 - Five years of health insurance premiums results in a break even situation for the City. 3) Age 62 - Three years of health insurance premiums results in a savings to the City and is a cost effective method of reducing expenditures. PERA has advised me the incentive package_ will not be offered in 1997 and that it is highly likely this program will never be offered again. However, St. Anthony can formulate its own policy without violating any PERA or State requirements. IG Recently, there has been some discussion if St. Anthony should establish a similar policy as what was offered by the State Legislature. My analysis shows there is benefit to the City if health insurance premiums are paid for three years. My first thought was to formulate a policy for employees who are 62 years of age and completed 25 years an opportunity to participate in an early retirement incentive program. However, to more closely model the policy to past practices, it is my recommendation to offer payment of single health insurance premiums for a maximum of three years as an early retirement incentive to employees who are 55 years of age and completed 25 years of public service. Early Retirement Concept: (Age 62 + 25 years of service) How the concept saves the City money: (Assumes 3% increase in salary) Qualifying Employee Year 1 $ 56,400 Year 2 $ 58,100 Year 3 $ 59,800 $174,300 Initial Savings = $ 19,800 Insurance Costs = 7,050 Net Savings $ 12,750 New Employee $ 50,000 90% of Present Salary $ 51,500 $ 53,000 $154,500 (3 years of Single Coverage) 27 CITY OF ST. ANTHONY RESOLUTION 97 -incen A RESOLUTION SETTING POLICY FOR EARLY RETIREMENT INCENTIVE FOR CITY OF ST. ANTHONY EMPLOYEES WHEREAS, the City of St. Anthony approved an early retirement opportunity for its Public Employees; and WHEREAS, all Public Employees Retirement Association (P.E.R.A.) pension members who are age 55 and have completed 25 years of service may retire early; and WHEREAS, this is a voluntary act for the employee and their decision to retire early is at their sole discretion; and WHEREAS, this resolution is subject to change if the State Legislature modifies the requirements for early retirement; and WHEREAS, to qualify, financial benefit to the City of St. Anthony must be proved on a case by case basis. NOW, THEREFORE, BE IT RESOLVED, that the City of St. Anthony will provide post - retirement Single Health Coverage for a maximum of three years for all P.E.R.A. Basic and Coordinated Members who are age 55, have completed 25 years of public service, and financial benefit has been proven. Adopted this day of 1997. ATTEST: City Clerk Reviewed for administration: Mayor City Manager ,2 9 Today's debate: BURGLAR ALARMS With every alarm i Burglar alarm com- Jacksonville l . ou pa" panles sell you se. Even though man large Curl . But tempt to confirm burglar Y rage companies at tY .. Taxpayers provide it. alarms, police an= Why don't the companies pay? swer an average of two false alarms P Y• sys- tem Per year. with six freeb' Per By 2000 b much incentive to strai res, there s not generati u n�az systems could be solution, found in Seattlghten up. A better ng P to 40 million false alarms Year, according to best estimates. So let's do _some doomsday a homeowners for each false alms fines es arm and fines alarm companies if they don't try to math In v 1995, police in Dallas answered 134 arms first That improves account alarms, of which 132 ability and Puts sloppy operators at a corn- Say say responding m those ere false. s petitive disadvantage . the equivalent of 80 calls was At the other end Las Vegas Pull -time s police won't officers. By answer burglar alarms that measure, if notl0 all This Police won't at the end of the cent changes, taxpayers Policy runes its own fury could us Paying the equivalent of 24,242 olffcers just to h set of worries but has effectively fimited public expense with swer false alarms. an- Ehcealready under way by local lead- no re port ed loss of public safety. Police still respond places departments and the security in- dustry may reduce that p�tpathe dbiufference Cities like Philadelphia which issues number. But even if it can be cut drain 50%, remainder con- stitutes agiant drain of alarm per - mits, also revoke them. Others a Toronto, for one — stop responding pu publi c resources. The alarm industry (1996 revenues: $11 billion) sells security. But to chronic of- fenders. Elsewhere, police give burglar alarms a low priority. The the public actual- IY Provides it by paying the police who an best solution no doubt mixes all these ideas, and others that swer the calls. That massive subsidy has helped the industry sign stress better training of installers and better education of consumers up almost 24 mil- lion homes i a less than 30 years. Despite that growth . On balance, however, the remedy must feature fines for consumers — and the drag it P) on local resources al efforts to im- Pose accountability for false alarms and companies alike that are stiff enough to cover the cost of responding to false alarms. Also key: Also are feeble. Although many cities im- pose fines, the fines the. mostly ability to cut off offenders if contin- ue. Taxpayers should can be Ugh — in Do- ver, N.H., $25 per false call . And, often be happy to pay when the police answer real emergencies. cit- ies allow a number offree false alarms — in They should be angry that they also pay for the 95% of all burglar alarms that are false. ennepin December 11, 1996 Ms. Kim Moore -Sykes City of Saint Anthony 3301 Silver Lake Road Northeast Saint Anthony, MN 55418 Dear Ms. Moore - Sykes: q1 b� 1' 'e 30 An Equal Opportunity Employer 1 A Vr, * r rreit L t ZI Enclosed is the 1996 Municipal Recycling Final Report and 1997 Municipal Recycling Grant Application. Please complete and return the report by February 15, 1997. It is imperative that you submit the report by the due date. As in 1996, your funding will be determined by your percent of the total household served within the County. The calculation cannot be done and initial 1997 payment made until all the 1996 Final Reports have been received and approved. If you have any questions on completing the report, feel free to call me at 348 -3837. Sincerely, J. Skalbeck Recycling Unit Environmental Management Division Enclosure Department of Public Works 417 North Fifth Street Minneapolis, Minnesota 55401.1309 (612)348 -6846 FAX:(612)348 -8532 Recycled Papa VOLUNTEER DINNER LIST Plannine Commission James Gondorchin Rosemary Franzese Doug Bergstrom Christopher Makowske Richard Horst George Thompson John Delmonico Police Reserves Matt Steen Jody Bodway Dick Hopperstad Bob Nehring Christopher Lentz Mike Grill Shane Justin Penny Owen Gary Myrick Jeffrey Spiess Brett Letourneau Sports Boosters Villa eg Fest Steve and Nancy Bartz Michael Peterson Mike and Michelle Jacobs Village Gardeners Public Health Officer Norma Gunderson Dr. William Carr St. Anthony Orchestra Chamber of Commerce Michael Pouchak Bob Foster Lions Kiwanis Mike Dill Mary Dierback 3! February, 1997 . 3Z Attorney Bill Soth CUB and City Hall Dedication Bonnie Brever Staff Auditor Stu Bonniwell Prosecuting Attorney Bob Foster Tom Brever Mike Mornson, Larry Hamer, Dick Engstrom, Dick Johnson, Roger Larson, Mike Larson, Kim Moore -Sykes Council Clarence Ranallo, Dick Enrooth, George Marks, George Wagner, Jerry Faust CITY OF ST. ANTHONY CITY COUNCIL WORK SESSION MINUTES January 7,1997 7:00 P.M. 5 I. CALL TO ORDER/PLEDGE OF ALLEGIANCE. 6 The meeting was called to order at 7:00 P.M. 7 H. ROLL CALL. 8 Councilmembers Present: Ranallo, Marks, Enrooth, Wagner and Faust. 9 Also present: Michael Momson, City Manager; Kim Moore - Sykes, Management 10 Assistant; Bob Thistle, Springsted, Inc.; Roger Larson, Finance Director; and Mike 11 Larson, Liquor Operations Manager. 12 HI. DISCUSSION OF SAV II LIQUOR STORE AND OTHER APACHE PLAZA 13 ISSUES. 14 SAV II Liquor Store. The City Manager reported to the Council on the lease and 15 purchase options regarding the proposed SAV II Liquor Store. The Liquor Operations Manager reported on construction costs of other municipal liquor stores as a comparison to the proposal given to the City. The Council directed Staff to continue to research the 18 options. 19 Apache Plaza. The City Manager reported that the Apache Plaza has been approved as a 20 possible site for a Walmart store, but negotiations continue between First Bank and 21 Walmart. Negotiations also continue regarding an expanded Herbergers store and the 22 redevelopment plans of the New Market building. 23 Bob Thistle of Springsted, Inc. reported on possible funding mechanisms for various 24 projects associated with Apache Plaza. 25 IV. CITY HALL. 26 The City Manager reported that the new City Hall is nearing completion. He provided a 27 recap of what has been spent to date. He also reported that the Open House has been 28 scheduled for February 22, 1997, from 1:00 P.M. to 4:00 P.M., with a building dedication 29 at 2:00 P.M. Councilmember Marks suggested that the St. Anthony Chamber Orchestra 30 would be available on that date to perform. 31 V. UPDATE ON MINNESOTA POLICE RECRUITMENT SYSTEM LAWSUIT. 32 The City Manager reported on the status of the MPRS lawsuit. They will be meeting in '23 February to discuss options to the judge's ruling. VI. DISCUSSION OF LOCAL STORM WATER MANAGEMENT PLAN REQUEST FOR PROPOSALS. The City Manager reported that Rice Creek Watershed District had provided him a sample of a request for proposal for local stormwater management plan. The City Manager will be soliciting proposals from various firms over the next 60 days. 6 VII. PROPOSED RESOLUTIONS (3) CONCERNING 1997 STREET AND UTILITY 7 IMPROVEMENTS. 8 The City Manager reviewed the proposed resolutions and a letter from RCM indicating 9 that they have received bids for the 1997 Street and Watermain Improvement Project. He 10 also informed the Council that the assessment hearing has been set for February 11, 1997. 11 He indicated that a representative from RCM would be at that meeting as well. 12 VIII. DISCUSSION OF PLANNING COMMISSION APPLICANTS AND OTHER 13 PLANNING COMMISSION ISSUES. 14 The City Manager reported that the City received four letters of interest for the Planning 15 Commission. Two of the letters came from current commissioners stating their interest in 16 being reappointed to the Planning Commission. The Council directed Staff to call each 17 one who submitted a letter of interest, informing them of the interview schedule and that 18 the interviews will take place in the old City Hall. ' 9 The City Council and City Manager reviewed survey compiled by Staff regarding J Planning Commissioners compensation and festival in -kind services. 21 IX. PROPOSED HOUSEKEEPING RESOLUTIONS. 22 The City Council and City Manager reviewed the proposed 1997 Housekeeping 23 Resolutions to be presented for adoption at the January 14, 1997 Council Meeting. 24 X. ADJOURNMENT. - 25 The worksession was adjourned at 10:00 P.M. 26