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HomeMy WebLinkAboutCC WORKSESSION PACKET 03062017 Work Session Agenda Monday, March 6, 2017 7:00 p.m. 1. GARE. Bonnie Brever, Councilmember, Charlie Yunker, Assistant to the City Manager, Mike Larson, Liquor Operations Manager, Stephanie Johnson, MWMO and Mark Casey, City Manager presenting 2. Watering Restrictions. Stephanie Johnson, Projects and Outreach Director, MWMO and Mark Casey, City Manager presenting 3. Street Lighting Financing. Mark Casey, City Manager presenting 4. Fire Truck. Mark Sitarz, Fire Chief, presenting 5. Comp Plan Update. Breanne Rothstein, City Planner presenting 6. Adjournment Next Work Sessions: _______, _______ __, 2017 at _:__ p.m. City of St. Anthony CITY COUNCIL WORK SESSION City Council Chambers Minutes January 31, 2017 Present: Mayor & Council. Jerry Faust, Mayor; Hal Gray, Councilmember; Randy Stille, Councilmember; Jan Jenson, Councilmember; and Bonnie Brever, Councilmember. Absent: None Staff: Mark Casey, City Manager, Shelly Rueckert, Finance Director and Jay Hartman, Public Works Director Consultants: Todd Hubmer, City Engineer (WSB) Call to Order: Meeting called to order by Mayor Faust at 5:30 p.m. LED Street Lighting: Staff presented a memo, street light retrofit exhibit, photos and City of New Brighton Request for City Council Consideration. In response to a question from Gray, staff will explore any possible efficiency with adding cameras with this project. Upon consensus of the Mayor and Council, staff will bring this project forward to a future City Council meeting. Splash Pads: Staff presented memo including a retrofit options appendix and cost estimates appendix. Upon consensus of the Mayor and Council, staff will implements retrofit options, reduce hours of operations to 11:00 am or 12:00 pm to 8:00 pm. Staff will also bring back funding options for the Central Park irrigation option. Utility Charges: Staff presented a memo along with numerous spreadsheets. Upon consensus of the Mayor and City Council, staff will bring the proposed increase and rate structure to a future City Council meeting. Lowry Grove EAW: Staff presented a memo and Record of Decision for The Village LLC Redevelopment EAW. Upon consensus of the Mayor and Council, the negative declaration of need for an Environmental Impact Statement (EIS) will be brought forward at a future City Council meeting. Predatory Offenders Ordinance: Staff presented a memo and draft ordinance. Upon consensus of the Mayor and Council, staff will bring this forward at a future City Council meeting. Adjourn: The meeting adjourned at 8:03 p.m. Minutes respectfully submitted by Mark Casey, City Manager. 1. GA R E 3301 Silver Lake Road, St. Anthony, Minnesota 55418-1699 Office: (612) 782-3301 • Fax: (612) 782-3302 • www.ci.saint-anthony.mn.us Our Mission is to be a progressive and livable community, a walkable village, sustainable, which is safe and secure. Our Racial Equity Story Recent events in our community and around the country have motivated us to evaluate how we serve the variations and differences in backgrounds, experiences, values and beliefs among individuals and groups within our community; in furtherance of the City’s mission, vision, initiatives and goals. It has given us an opportunity to focus our immediate attention on racial equity and prompted us to examine our biases and respond to how we can be more inclusive as a community and workplace. This attention to a long-overdue topic allows us the prospect for conscious decisions to implement a thoughtful review of our policies, practices, and procedures. Every step we take regarding racial equity and inclusivity will be a major leap to bring our community together. To fulfill the City’s mission to welcome all to St. Anthony, we will build racial equity at the same time as we move toward healing a divided community; we will be stronger together as a whole. We share our vision of inclusivity through listening and acknowledging the journeys of all of our residents along with educating and building awareness of changed policies and practices created to be a sustainable community. We use the advantage of being small in size and numbers and, therefore, more nimble. We actively work to examine current practices to make thoughtful, deliberate and sustainable decisions regarding racial equity. Working together with other agencies, we are participating in simultaneous racial equity initiatives in the St. Anthony Community. These initiatives will involve community listening sessions, speakers, and other exercises which, through implementation and practice, will allow us to be sustainable for the future. Additional resources are available to us through our various partnerships with community organizations and area groups. The choice to focus on racial equity in St. Anthony is a chance for us to effect sustainable change. Implementation and adherence to our racial equity initiative will fulfill, more completely, our mission to be a “progressive and livable community, a walkable Village, which is sustainable, safe, and secure.” St. Anthony’s Racial Equity Cohort Bonnie Brever, Councilmember Mark Casey, City Manager Charlie Yunker, Assistant to the City Manager Mike Larson, Liquor Operations Manger Stephanie Johnson, Projects & Outreach Director, MWMO “It’s not all lives matter and black lives matter; it’s good people and bad people. It’s good and evil and it can come in any form, shape, or color. We need to figure out who is good, work with them, stand by them to change the minds and the hearts of the bad ones. And until we can do that together without discriminating and bullying at each other because they don’t agree with everything we do, we’re going to keep having problems and they’re only going to get bigger.” - Kelly Ibekwe St. Anthony student of color Class of 2017 2. Wa t e r i n g R e s t r i c t i o n s CITY OF ST. ANTHONY VILLAGE STATE OF MINNESOTA RESOLUTION 17 - XXX A RESOLUTION ADOPTING OUTDOOR WATERING RESTRICTIONS WHEREAS, the City of St. Anthony Village’s Strategic Plan and Sustainability Goals reference the desire to encourage water conservation; WHEREAS, watering restrictions which limit the time of day and the frequency of watering assist in the efficient use of water; NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of St. Anthony Village that: 1. Staff shall notify municipal system users of the following watering ban by posting notice at City offices and publishing in the City’s official newspaper. 2. Watering restrictions shall apply each year between April 1st and November 1st. 3. Residents with an odd house number shall water lawns when necessary only on odd-numbered calendar days and those with even-numbered addresses shall water lawns only on even-numbered days. 4. Lawns shall not be watered between the hours of 11:00 a.m. and 6:00 p.m. 5. An exception may be granted for recently established lawns. Those lawns may be watered daily for one year following installation, but only during the hours listed above. Adopted this day of , 2017. _____________________________ Jerome O Faust, Mayor ATTEST:____________________________ Nicole Miller, City Clerk Reviewed for administration: ______________________________ Mark Casey, City Manager THIS PAGE LEFT INTENTIONALLY BLANK THIS PAGE LEFT INTENTIONALLY BLANK 3 . St r e e t L i g h t i n g F i n a n c i n g TO: Mark Casey, City Manager FROM: Shelly Rueckert, Finance Director SUBJECT: TIF Funding DATE: February 28, 2017 The Street lighting project along Sliver Lake Road is a qualified TIF expenditure. This is true as the project is entirely located within Ramsey County and is an allowed use for the TIF 3-5 redevelopment district. The use of TIF funds beyond the original parcels included in district is commonly referred to as pooling. In discussions with Ehlers, TIF 3-5 there are sufficient pooled funds to cover the street light expenditure. Therefore the streetlight expenditure has not been included in the bonding for 2017 project costs. 4 . Fi r e T r u c k St. Anthony Fire Department Memo To: Mark Casey – City Manager From: Mark Sitarz – Fire Chief cc: Date: 02/27/2017 Re: Engine Replacement Mr. Casey, Per your request I have put together an overview of why we need to replace our 1985 Ford LS9000 Engine. The fire engine is 32 years old with 70,300 miles and 11,525 hours. Typical life of a primary engine is approximately 20 years. After 16 years of service as our primary engine on all medicals and fires we moved it to our 2nd out engine in order to try to extend its life. During that time of being our primary engine we had to rebuild the transmission after 9 years and then the motor was rebuilt after 14. In 2001 we as a department\city chose to refurbish this vehicle to continue its service and maintain reliability. Rust removal, new paint, water tank refurbish and other needed repairs were performed to gain additional life from it. We were looking to replace it at 30 years but have held on to it for 2 additional. The refurbish successfully extended its life but discussions with both our city mechanic as well as our primary maintenance company confirmed that another refurbish is not a viable option due to the extent of the wear. I feel good that we were successful in getting 32 years out of it however we are getting to a point to where a catastrophic failure is certainly a possibility. Looking at what a replacement engine will provide us is comprehensive and beneficial. For starters, the firefighters will be encased with today’s safety features. In the cab they will be able to use seatbelts with shoulder straps versus just the waist straps. We will now have airbags, significantly better cab construction, visual site lines for the driver will be much improved, cameras which we added to all of our engines in the fleet and better visibility with reflective graphics for nighttime operations. Also we will be able to utilize LED emergency lighting which is 2 a much brighter light yet uses minimal power to run. One creature comfort for the crew is that they will have air conditioning in the new engine versus the current one. From an operational perspective, we will exp lore the possibility of an elevated pump panel or rear pump panel. The intent of either of these options is to provide better visibility for the pump operator. W e will also be pursuing an integrated foam system. This will allow us to keep Class A and Class B foam stored separately in tanks on the engine. With the push of a button all of our hose lines that are connected to that system will have foam automatically mixed in. Currently we have to grab 5 gallon containers of foam and utilize a firefighter to manually add that to a hose line and swap out containers as they empty. See exhibit A. This is only capable of doing that on one line versus all of them. Foam is used for fires as well as hazmat situations and fuel spills. This has allowed us to use less water because the foam cools as well as suppresses fire much faster. Also, a new design will allow us to better customize how that engine operates based on our day to day operations. We will be able to better design compartments around our equipment, what we utilize more often and how a crew of 2 accesses equipment versus a crew of 4 or 5 on other departments. Efficiencies will be a part of this design as well as overall safety. For your information, back in 1985 we did a group purchase of this style of engine with 4 other cities: Plymouth, Inver Grove Heights, North St. Paul, and Columbia Heights. One city replaced their engine after 22 years and the rest were at 27 to 30. Another area that we need to take note of is spreading out the purchasing of our engines. As we know it makes it much more manageable for the city. We currently have 2 engines that are 1 year apart in age. We as a department decided several years back to split the time for each of them as our primary fire engine to be focused on winter and summer. This allows us to spread out the wear and tear over 2 vehicles with the intent of that 30+ year life span. 3 Exhibit A. Our 1999 engine Push of a Button to Activate Foam Our 1985 engine requires a firefighter to install the yellow foam eductor and then manage the foam and replace as it empties. This also is only limited to one hose line versus multiple. THIS PAGE LEFT INTENTIONALLY BLANK Fi s c a l  Ye a r  20 1 7 SO U R C E S 20 1 6 Es t .  Ac t u a l   20 1 6   20 1 7 2 0 1 8 2 0 1 9 2 0 2 0 2 0 2 1 2 0 2 2 ‐2027 2028 ‐2033 Ca p i t a l  Im p r o v e m e n t  Le v y 8 0 , 9 9 0 $               80 , 9 9 0 $               23 3 , 2 0 0 $           25 8 , 2 0 0 $           28 3 , 2 0 0 $             30 8 , 2 0 0 $           30 8 , 2 0 0 $           1,849,200 $   1,849,200 $     MS A / R e v o l v i n g  Fu n d s 9 0 , 0 0 0                    90 , 0 0 0                    90 , 0 0 0                    90 , 0 0 0                    90 , 0 0 0                      90 , 0 0 0                    90 , 0 0 0                    540,000        540,000           Wa t e r  Fi l t r a t i o n  Cl o s i n g  Tr a n s f e r 5 0 , 0 0 0                    40 0 , 0 0 0              ‐                                          ‐                                            ‐                                            ‐                                          ‐                                          ‐                       ‐                       Ut i l i t y  Fu n d  Tr a n s f e r 2 5 , 0 0 0                    35 5 , 0 0 0              ‐                                          ‐                                            ‐                                            ‐                                          ‐                                          ‐                       ‐                        Tr a d e / S a l e  of  Eq u i p m e n t   7, 5 0 0                        45 , 1 8 5                    3, 5 0 0                        3, 5 0 0                        3, 5 0 0                          3, 5 0 0                        3, 5 0 0                        21,000           21,000              Do n a t i o n s   ‐                                          2, 5 0 0                        ‐                                          ‐                                            ‐                                            ‐                                          ‐                                          ‐                       ‐                       TO T A L 25 3 , 4 9 0 $             97 3 , 6 7 5 $             32 6 , 7 0 0 $             35 1 , 7 0 0 $             37 6 , 7 0 0 $             40 1 , 7 0 0 $             40 1 , 7 0 0 $             2,410,200 $    2,410,200 $      Us e s Po l i c e   13 9 , 1 2 1 $           97 , 2 3 0 $               30 6 , 0 9 9 $           20 7 , 9 9 5 $           15 0 , 0 9 0 $             19 2 , 9 7 6 $           26 1 , 3 5 2 $           1,376,407 $   1,538,897 $     Fi r e   59 , 3 7 2                    13 7 , 0 3 9              46 , 0 3 3                    71 , 1 4 9                    39 , 7 9 7                      93 , 9 8 9                    73 , 8 0 4                    680,179        537,926           Ad m i n i s t r a t i o n / F i n a n c e 3 , 2 5 0                        1, 5 0 3                        33 , 6 0 9                    29 , 9 4 4                    14 , 5 5 7                      24 , 8 4 0                    19 , 1 7 8                    245,978        91,054             St r e e t s 1 6 , 7 0 8                    18 , 4 7 1                    89 , 0 1 9                    76 , 9 8 1                    11 3 , 3 3 2                  35 , 3 8 8                    62 , 7 7 0                    422,942        200,041           Pa r k s 4 8 , 4 6 2                    29 , 9 4 0                    64 , 5 5 1                    31 , 5 6 0                    13 , 5 2 5                      93 , 8 0 7                    12 3 , 4 3 4              267,322        350,343           DA I L Y  OP E R A T I O N S ‐MI N I M A L  EQ U I P M E N T  NE E D S 2 6 6 , 9 1 3                  28 4 , 1 8 3                  53 9 , 3 1 2                  41 7 , 6 2 8                  33 1 , 3 0 1                  44 1 , 0 0 0                  54 0 , 5 3 8                  2,992,828       2,718,260          MI N I M A L  SH O R T F A L L (1 3 , 4 2 3 ) $               68 9 , 4 9 2 $             (2 1 2 , 6 1 2 ) $           (6 5 , 9 2 8 ) $               45 , 3 9 9 $                 (3 9 , 3 0 0 ) $               (1 3 8 , 8 3 8 ) $           (582,628)$      (308,060)$        SP E C I F I C  OP E R A T I O N S  ‐   EQ U I P M E N T  NE E D S * Sc h e d u l e d  It e m s Fi r e  En g i n e s ‐                                          ‐                                          ‐                                          42 5 , 0 0 0              ‐                                            ‐                                          ‐                                          450,000        500,000           Du m p  Tr u c k s ‐                                          ‐                                          19 5 , 0 7 5              ‐                                            ‐                                            ‐                                          ‐                                          ‐                      573,815           19 9 5  St r e e t  44 4 G  Fr o n t ‐En d  Lo a d e r ‐                                          ‐                                          ‐                                          ‐                                            17 4 , 8 8 7                  ‐                                          ‐                                          ‐                      ‐                       19 9 9  Pa r k s  45 0 0  Tr a c t o r ‐                                          ‐                                          ‐                                          ‐                                            ‐                                            39 , 8 0 2                    ‐                                          ‐                       ‐                       ‐                                          ‐                                          19 5 , 0 7 5              42 5 , 0 0 0              17 4 , 8 8 7                  39 , 8 0 2                    ‐                                          450,000        1,073,815        OV E R A L L  SH O R T F A L L (1 3 , 4 2 3 ) $             68 9 , 4 9 2 $           (4 0 7 , 6 8 7 ) $         (4 9 0 , 9 2 8 ) $         (1 2 9 , 4 8 8 ) $           (7 9 , 1 0 3 ) $             (1 3 8 , 8 3 8 ) $         (1,032,628)$ (1,381,875)$    NE T  CH A N G E (1 3 , 4 2 3 ) $               68 9 , 4 9 2 $             (4 0 7 , 6 8 7 ) $           (4 9 0 , 9 2 8 ) $           (1 2 9 , 4 8 8 ) $           (7 9 , 1 0 3 ) $               (1 3 8 , 8 3 8 ) $           (1,032,628)$  (1,381,875)$     BE G I N N I N G  CA S H  BA L A N C E 17 7 , 7 3 5 $             17 7 , 7 3 5 $             86 7 , 2 2 7 $             45 9 , 5 4 0 $             (3 1 , 3 8 8 ) $               (1 6 0 , 8 7 6 ) $           (2 3 9 , 9 7 9 ) $           (378,817)$      (1,411,445)$     EN D I N G  CA S H  BA L A N C E 16 4 , 3 1 2 $             86 7 , 2 2 7 $             45 9 , 5 4 0 $             (3 1 , 3 8 8 ) $               (1 6 0 , 8 7 6 ) $           (2 3 9 , 9 7 9 ) $           (3 7 8 , 8 1 7 ) $           (1,411,445)$  (2,793,319)$     * CU R R E N T L Y  DE F E R R I N G  AS  AL L O W E D ,  FU T U R E  FU N D I N G  SO U R C E  WI L L  CO M E  FR O M  PO S T  20 2 3  DE B T  LE V Y  NE E D S   CA P I T A L  EQ U I P M E N T  20 1 7  ‐   20 3 3 Or i g i n a l  bu d g e t Fi s c a l  Ye a r  20 1 7 SO U R C E S 20 1 6 Es t .  Ac t u a l   20 1 6   20 1 7 2 0 1 8 2 0 1 9 2 0 2 0 2 0 2 1 2 0 2 2 ‐2027 2028 ‐2033 Ca p i t a l  Im p r o v e m e n t  Le v y 8 0 , 9 9 0 $               80 , 9 9 0 $               23 3 , 2 0 0 $           25 8 , 2 0 0 $           28 3 , 2 0 0 $             30 8 , 2 0 0 $           30 8 , 2 0 0 $           1,849,200 $   1,849,200 $     MS A / R e v o l v i n g  Fu n d s 9 0 , 0 0 0                    90 , 0 0 0                    90 , 0 0 0                    90 , 0 0 0                    90 , 0 0 0                      90 , 0 0 0                    90 , 0 0 0                    540,000        540,000           Wa t e r  Fi l t r a t i o n  Cl o s i n g  Tr a n s f e r 5 0 , 0 0 0                    40 0 , 0 0 0              ‐                                          ‐                                            ‐                                            ‐                                          ‐                                          ‐                       ‐                       Ut i l i t y  Fu n d  Tr a n s f e r 2 5 , 0 0 0                    35 5 , 0 0 0              ‐                                          ‐                                            ‐                                            ‐                                          ‐                                          ‐                       ‐                        Tr a d e / S a l e  of  Eq u i p m e n t   7, 5 0 0                        45 , 1 8 5                    3, 5 0 0                        3, 5 0 0                        3, 5 0 0                          3, 5 0 0                        3, 5 0 0                        21,000           21,000              Do n a t i o n s   ‐                                          2, 5 0 0                        ‐                                          ‐                                            ‐                                            ‐                                          ‐                                          ‐                       ‐                       TO T A L 25 3 , 4 9 0 $             97 3 , 6 7 5 $             32 6 , 7 0 0 $             35 1 , 7 0 0 $             37 6 , 7 0 0 $             40 1 , 7 0 0 $             40 1 , 7 0 0 $             2,410,200 $    2,410,200 $      Us e s Po l i c e   13 9 , 1 2 1 $           97 , 2 3 0 $               30 6 , 0 9 9 $           20 7 , 9 9 5 $           15 0 , 0 9 0 $             19 2 , 9 7 6 $           26 1 , 3 5 2 $           1,376,407 $   1,538,897 $     Fi r e   59 , 3 7 2                    13 7 , 0 3 9              46 , 0 3 3                    71 , 1 4 9                    39 , 7 9 7                      93 , 9 8 9                    73 , 8 0 4                    680,179        537,926           Ad m i n i s t r a t i o n / F i n a n c e 3 , 2 5 0                        1, 5 0 3                        33 , 6 0 9                    29 , 9 4 4                    14 , 5 5 7                      24 , 8 4 0                    19 , 1 7 8                    245,978        91,054             St r e e t s 1 6 , 7 0 8                    18 , 4 7 1                    89 , 0 1 9                    76 , 9 8 1                    11 3 , 3 3 2                  35 , 3 8 8                    62 , 7 7 0                    422,942        200,041           Pa r k s 4 8 , 4 6 2                    29 , 9 4 0                    64 , 5 5 1                    31 , 5 6 0                    13 , 5 2 5                      93 , 8 0 7                    12 3 , 4 3 4              267,322        350,343           DA I L Y  OP E R A T I O N S ‐MI N I M A L  EQ U I P M E N T  NE E D S 2 6 6 , 9 1 3                  28 4 , 1 8 3                  53 9 , 3 1 2                  41 7 , 6 2 8                  33 1 , 3 0 1                  44 1 , 0 0 0                  54 0 , 5 3 8                  2,992,828       2,718,260          MI N I M A L  SH O R T F A L L (1 3 , 4 2 3 ) $               68 9 , 4 9 2 $             (2 1 2 , 6 1 2 ) $           (6 5 , 9 2 8 ) $               45 , 3 9 9 $                 (3 9 , 3 0 0 ) $               (1 3 8 , 8 3 8 ) $           (582,628)$      (308,060)$        SP E C I F I C  OP E R A T I O N S  ‐   EQ U I P M E N T  NE E D S * Sc h e d u l e d  It e m s Fi r e  En g i n e s ‐                                          ‐                                          ‐                                          50 0 , 0 0 0              ‐                                            ‐                                          ‐                                          450,000        500,000           Du m p  Tr u c k s ‐                                          ‐                                          19 5 , 0 7 5              ‐                                            ‐                                            ‐                                          ‐                                          ‐                      573,815           19 9 5  St r e e t  44 4 G  Fr o n t ‐En d  Lo a d e r ‐                                          ‐                                          ‐                                          ‐                                            17 4 , 8 8 7                  ‐                                          ‐                                          ‐                      ‐                       19 9 9  Pa r k s  45 0 0  Tr a c t o r ‐                                          ‐                                          ‐                                          ‐                                            ‐                                            39 , 8 0 2                    ‐                                          ‐                       ‐                       ‐                                          ‐                                          19 5 , 0 7 5              50 0 , 0 0 0              17 4 , 8 8 7                  39 , 8 0 2                    ‐                                          450,000        1,073,815        OV E R A L L  SH O R T F A L L (1 3 , 4 2 3 ) $             68 9 , 4 9 2 $           (4 0 7 , 6 8 7 ) $         (5 6 5 , 9 2 8 ) $         (1 2 9 , 4 8 8 ) $           (7 9 , 1 0 3 ) $             (1 3 8 , 8 3 8 ) $         (1,032,628)$ (1,381,875)$    NE T  CH A N G E (1 3 , 4 2 3 ) $               68 9 , 4 9 2 $             (4 0 7 , 6 8 7 ) $           (5 6 5 , 9 2 8 ) $           (1 2 9 , 4 8 8 ) $           (7 9 , 1 0 3 ) $               (1 3 8 , 8 3 8 ) $           (1,032,628)$  (1,381,875)$     BE G I N N I N G  CA S H  BA L A N C E 17 7 , 7 3 5 $             17 7 , 7 3 5 $             86 7 , 2 2 7 $             45 9 , 5 4 0 $             (1 0 6 , 3 8 8 ) $           (2 3 5 , 8 7 6 ) $           (3 1 4 , 9 7 9 ) $           (453,817)$      (1,486,445)$     EN D I N G  CA S H  BA L A N C E 16 4 , 3 1 2 $             86 7 , 2 2 7 $             45 9 , 5 4 0 $             (1 0 6 , 3 8 8 ) $           (2 3 5 , 8 7 6 ) $           (3 1 4 , 9 7 9 ) $           (4 5 3 , 8 1 7 ) $           (1,486,445)$  (2,868,319)$     * CU R R E N T L Y  DE F E R R I N G  AS  AL L O W E D ,  FU T U R E  FU N D I N G  SO U R C E  WI L L  CO M E  FR O M  PO S T  20 2 3  DE B T  LE V Y  NE E D S   CA P I T A L  EQ U I P M E N T  20 1 7  ‐   20 3 3 Up d a t e d  bu d g e t  wi t h  in c r e a s e d  fi r e  tr u c k  co s t Fi s c a l  Ye a r  20 1 7 SO U R C E S 20 1 6 Es t .  Ac t u a l   20 1 6   20 1 7 2 0 1 8 2 0 1 9 2 0 2 0 2 0 2 1 2 0 2 2 ‐2027 2028 ‐2033 Ca p i t a l  Im p r o v e m e n t  Le v y 8 0 , 9 9 0 $               80 , 9 9 0 $               23 3 , 2 0 0 $           25 8 , 2 0 0 $           28 3 , 2 0 0 $             30 8 , 2 0 0 $           30 8 , 2 0 0 $           1,849,200 $   1,849,200 $     MS A / R e v o l v i n g  Fu n d s 9 0 , 0 0 0                    90 , 0 0 0                    90 , 0 0 0                    90 , 0 0 0                    90 , 0 0 0                      90 , 0 0 0                    90 , 0 0 0                    540,000        540,000           Wa t e r  Fi l t r a t i o n  Cl o s i n g  Tr a n s f e r 5 0 , 0 0 0                    40 0 , 0 0 0              ‐                                          ‐                                            ‐                                            ‐                                          ‐                                          ‐                       ‐                       Ut i l i t y  Fu n d  Tr a n s f e r 2 5 , 0 0 0                    35 5 , 0 0 0              ‐                                          ‐                                            ‐                                            ‐                                          ‐                                          ‐                       ‐                        Tr a d e / S a l e  of  Eq u i p m e n t   7, 5 0 0                        45 , 1 8 5                    3, 5 0 0                        3, 5 0 0                        3, 5 0 0                          3, 5 0 0                        3, 5 0 0                        21,000           21,000              Do n a t i o n s /  bo n d  pr o c e e d s   ‐                                          2, 5 0 0                        50 0 , 0 0 0              ‐                                            ‐                                            ‐                                          ‐                                          ‐                       ‐                       TO T A L 25 3 , 4 9 0 $             97 3 , 6 7 5 $             82 6 , 7 0 0 $             35 1 , 7 0 0 $             37 6 , 7 0 0 $             40 1 , 7 0 0 $             40 1 , 7 0 0 $             2,410,200 $    2,410,200 $      Us e s Po l i c e   13 9 , 1 2 1 $           97 , 2 3 0 $               30 6 , 0 9 9 $           20 7 , 9 9 5 $           15 0 , 0 9 0 $             19 2 , 9 7 6 $           26 1 , 3 5 2 $           1,376,407 $   1,538,897 $     Fi r e   59 , 3 7 2                    13 7 , 0 3 9              46 , 0 3 3                    71 , 1 4 9                    39 , 7 9 7                      93 , 9 8 9                    73 , 8 0 4                    680,179        537,926           Fi r e  tr u c k  de b t  se r v i c e ‐                                            65 , 5 4 3                      64 , 7 7 5                    63 , 8 9 3                    384,464        61,857             Ad m i n i s t r a t i o n / F i n a n c e 3 , 2 5 0                        1, 5 0 3                        33 , 6 0 9                    29 , 9 4 4                    14 , 5 5 7                      24 , 8 4 0                    19 , 1 7 8                    245,978        91,054             St r e e t s 1 6 , 7 0 8                    18 , 4 7 1                    89 , 0 1 9                    76 , 9 8 1                    11 3 , 3 3 2                  35 , 3 8 8                    62 , 7 7 0                    422,942        200,041           Pa r k s 4 8 , 4 6 2                    29 , 9 4 0                    64 , 5 5 1                    31 , 5 6 0                    13 , 5 2 5                      93 , 8 0 7                    12 3 , 4 3 4              267,322        350,343           DA I L Y  OP E R A T I O N S ‐MI N I M A L  EQ U I P M E N T  NE E D S 2 6 6 , 9 1 3                  28 4 , 1 8 3                  53 9 , 3 1 2                  41 7 , 6 2 8                  39 6 , 8 4 4                  50 5 , 7 7 5                  60 4 , 4 3 1                  3,377,292       2,780,117          MI N I M A L  SH O R T F A L L (1 3 , 4 2 3 ) $               68 9 , 4 9 2 $             28 7 , 3 8 8 $             (6 5 , 9 2 8 ) $               (2 0 , 1 4 4 ) $               (1 0 4 , 0 7 5 ) $           (2 0 2 , 7 3 1 ) $           (967,092)$      (369,917)$        SP E C I F I C  OP E R A T I O N S  ‐   EQ U I P M E N T  NE E D S * Sc h e d u l e d  It e m s Fi r e  En g i n e s ‐                                          ‐                                          50 0 , 0 0 0              ‐                                            ‐                                            ‐                                          ‐                                              450,000          500,000           Du m p  Tr u c k s ‐                                          ‐                                          19 5 , 0 7 5              ‐                                            ‐                                            ‐                                          ‐                                          ‐                      573,815           19 9 5  St r e e t  44 4 G  Fr o n t ‐En d  Lo a d e r ‐                                          ‐                                          ‐                                          ‐                                            17 4 , 8 8 7                  ‐                                          ‐                                          ‐                      ‐                       19 9 9  Pa r k s  45 0 0  Tr a c t o r ‐                                          ‐                                          ‐                                          ‐                                            ‐                                            39 , 8 0 2                    ‐                                          ‐                       ‐                       ‐                                          ‐                                          69 5 , 0 7 5              ‐                                            17 4 , 8 8 7                  39 , 8 0 2                    ‐                                          450,000        1,073,815        OV E R A L L  SH O R T F A L L (1 3 , 4 2 3 ) $             68 9 , 4 9 2 $           (4 0 7 , 6 8 7 ) $         (6 5 , 9 2 8 ) $             (1 9 5 , 0 3 1 ) $           (1 4 3 , 8 7 8 ) $         (2 0 2 , 7 3 1 ) $         (1,417,092)$ (1,443,732)$    NE T  CH A N G E (1 3 , 4 2 3 ) $               68 9 , 4 9 2 $             (4 0 7 , 6 8 7 ) $           (6 5 , 9 2 8 ) $               (1 9 5 , 0 3 1 ) $           (1 4 3 , 8 7 8 ) $           (2 0 2 , 7 3 1 ) $           (1,417,092)$  (1,443,732)$     BE G I N N I N G  CA S H  BA L A N C E 17 7 , 7 3 5 $             17 7 , 7 3 5 $             86 7 , 2 2 7 $             45 9 , 5 4 0 $             39 3 , 6 1 2 $             19 8 , 5 8 1 $             54 , 7 0 3 $                 (148,028)$      (1,565,120)$     EN D I N G  CA S H  BA L A N C E 16 4 , 3 1 2 $             86 7 , 2 2 7 $             45 9 , 5 4 0 $             39 3 , 6 1 2 $             19 8 , 5 8 1 $             54 , 7 0 3 $                 (1 4 8 , 0 2 8 ) $           (1,565,120)$  (3,008,851)$     * CU R R E N T L Y  DE F E R R I N G  AS  AL L O W E D ,  FU T U R E  FU N D I N G  SO U R C E  WI L L  CO M E  FR O M  PO S T  20 2 3  DE B T  LE V Y  NE E D S   CA P I T A L  EQ U I P M E N T  20 1 7  ‐   20 3 3 Bu d g e t e d f o r 2 5 , 0 0 0 L e v y i n c r e a s e 20 1 8 - 2 0 2 0 . A d d i t i o n a l 7 5 k i n t o t a l . De b t s e r v i c e o n F i r e t r u c k @ 2. 3 9 % t r u e i n t e r e s t c o s t . As s u m e s F i r e t r u c k fi n a n c i n g i s i n c l u d e d i n th e 2 0 1 7 b o n d i n g . Pr o c e e d s o f 5 0 0 k wo u l d b e r e c e i v e d i n 20 1 7 . As s u m e s F i r e T r u c k ou l a y w o u l d o c c u r i n 20 1 7 . Up d a t e d  Bu d g e t  wi t h  fi n a n c i n g  fo r  fi r e  tr u c k THIS PAGE LEFT INTENTIONALLY BLANK City of St Anthony, Minnesota $520,000 General Obligation Bonds, Series 2017A Equipment Certificate Assumes Current Market BQ AA Rates plus 25bps Debt Service Schedule Date Principal Coupon Interest CIF Total P+I Net New D/S Fiscal Total 05/15/2017 - - - - - - - 02/01/2018 - - 7,496.89 (7,496.89) 7,496.89 - - 08/01/2018 - - 5,271.25 - 5,271.25 5,271.25 - 02/01/2019 55,000.00 1.400% 5,271.25 - 60,271.25 60,271.25 65,542.50 08/01/2019 - - 4,886.25 - 4,886.25 4,886.25 - 02/01/2020 55,000.00 1.600% 4,886.25 - 59,886.25 59,886.25 64,772.50 08/01/2020 - - 4,446.25 - 4,446.25 4,446.25 - 02/01/2021 55,000.00 1.750% 4,446.25 - 59,446.25 59,446.25 63,892.50 08/01/2021 - - 3,965.00 - 3,965.00 3,965.00 - 02/01/2022 55,000.00 1.950% 3,965.00 - 58,965.00 58,965.00 62,930.00 08/01/2022 - - 3,428.75 - 3,428.75 3,428.75 - 02/01/2023 55,000.00 2.100% 3,428.75 - 58,428.75 58,428.75 61,857.50 08/01/2023 - - 2,851.25 - 2,851.25 2,851.25 - 02/01/2024 60,000.00 2.200% 2,851.25 - 62,851.25 62,851.25 65,702.50 08/01/2024 - - 2,191.25 - 2,191.25 2,191.25 - 02/01/2025 60,000.00 2.300% 2,191.25 - 62,191.25 62,191.25 64,382.50 08/01/2025 - - 1,501.25 - 1,501.25 1,501.25 - 02/01/2026 60,000.00 2.350% 1,501.25 - 61,501.25 61,501.25 63,002.50 08/01/2026 - - 796.25 - 796.25 796.25 - 02/01/2027 65,000.00 2.450% 796.25 - 65,796.25 65,796.25 66,592.50 Total $520,000.00 - $66,171.89 (7,496.89) $586,171.89 $578,675.00 - Significant Dates Dated 5/15/2017 First Coupon Date 2/01/2018 Yield Statistics Bond Year Dollars $3,039.78 Average Life 5.846 Years Average Coupon 2.1768660% Net Interest Cost (NIC) 2.3821442% True Interest Cost (TIC) 2.3930692% Bond Yield for Arbitrage Purposes 2.3964803% All Inclusive Cost (AIC) 2.6155651% IRS Form 8038 Net Interest Cost 2.1768660% Weighted Average Maturity 5.846 Years Series 2017A GO Bonds | Equipment Certificate | 2/23/2017 | 3:58 PM City of St Anthony, Minnesota $520,000 General Obligation Bonds, Series 2017A Equipment Certificate Assumes Current Market BQ AA Rates plus 25bps Debt Service Schedule Date Principal Coupon Interest Total P+I CIF Net New D/S 105% of Total 02/01/2018 - - 7,496.89 7,496.89 (7,496.89) - - 02/01/2019 55,000.00 1.400% 10,542.50 65,542.50 - 65,542.50 68,819.63 02/01/2020 55,000.00 1.600% 9,772.50 64,772.50 - 64,772.50 68,011.13 02/01/2021 55,000.00 1.750% 8,892.50 63,892.50 - 63,892.50 67,087.13 02/01/2022 55,000.00 1.950% 7,930.00 62,930.00 - 62,930.00 66,076.50 02/01/2023 55,000.00 2.100% 6,857.50 61,857.50 - 61,857.50 64,950.38 02/01/2024 60,000.00 2.200% 5,702.50 65,702.50 - 65,702.50 68,987.63 02/01/2025 60,000.00 2.300% 4,382.50 64,382.50 - 64,382.50 67,601.63 02/01/2026 60,000.00 2.350% 3,002.50 63,002.50 - 63,002.50 66,152.63 02/01/2027 65,000.00 2.450% 1,592.50 66,592.50 - 66,592.50 69,922.13 Total $520,000.00 - $66,171.89 $586,171.89 (7,496.89) $578,675.00 $607,608.75 Significant Dates Dated 5/15/2017 First Coupon Date 2/01/2018 Yield Statistics Bond Year Dollars $3,039.78 Average Life 5.846 Years Average Coupon 2.1768660% Net Interest Cost (NIC) 2.3821442% True Interest Cost (TIC) 2.3930692% Bond Yield for Arbitrage Purposes 2.3964803% All Inclusive Cost (AIC) 2.6155651% Series 2017A GO Bonds | Equipment Certificate | 2/23/2017 | 3:58 PM 5 . Co m p P l a n U p d a t e