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HomeMy WebLinkAboutCC WORKSESSION PACKET 06032019If you would like to request special accommodations or alternative formats, please contact the City Clerk at 612-782-3313 or email city@savmn.com. People who are deaf or hard of hearing can contact us by using 711 Relay. Work Session Agenda Monday, June 3, 2019 5:30 p.m. 1. Hamline University Economic Development Certification Program. Mark Casey, City Manager Presenting 2. Sister Cities. Karen Wiemeri & Ruth Ann Marks Presenting 3. Levy. Mark Casey, City Manager and Shelly Rueckert Finance Director presenting 4. Adjournment City of St. Anthony CITY COUNCIL WORK SESSION City Council Chambers Minutes April 30, 2019 Present: Mayor & Council. Jerry Faust, Mayor; Hal Gray, Councilmember; Randy Stille, Councilmember, Jan Jenson, Councilmember and Thomas Randle, Councilmember. Absent: None Planning Commission: Dominic Papatola, Marcey Westrick, Dan Bartel, Dr. Bibi Nomo Neumann, Meridith Socha, Dan Payne, Brian Rude, and Nimo Hashi (Student Liaison). Staff: Mark Casey, City Manager and Jay Hartman, Public Works Director Consultants: Steve Grittman, Planner (NAC), Todd Humber, Engineer (WSB) and Stacie Kvilvang, Finance (Ehlers) Call to Order: Meeting called to order by Mayor Faust at 7:00 p.m. Redevelopment of Wal-Mart Site: Welcome and introductions by Mayor Faust. Faust stated this is a public meeting but not a public hearing. Questions will only come from the Council, Commission and staff, and there will be time for public comments for the record as the process continues. City Planner covered the process: - Summary of current and next steps - Opportunities for public input - Defined the scope of the sketch plan – general concept, objective is to get high level input - TIF request is expected - Next step is the PUD application Doran presented sketch plan concept. Questions: Hashi Is there only one entrance? Doran No, there could be up to 5 Hashi Vehicle entrances? Doran 5 including the garage entrances Papatola Rent pricing? Doran Unknown at this point, likely $1.80 - $2.00 p/sq ft Rude Bedroom mix? Doran Not defined yet, likely 60%-65% studio & 1 bed, balance 3-3 beds Rude Size of units? Doran: Not defined yet, will depend on size of buildings Faust Previous remediation at the site? Doran Still gathering information, confident there was building remediation when Apache Plaza was removed Bartel Parking ratios different for each building? Doran Yes, but ratios determined on the whole project, so together the range may be 1.5-1.6 p/unit Papatola Any information on the carrying capacity of Silver Lake Road to accommodate the project? Hubmer Staff is counting now, and project is expected to bring the same quantity of cars as Wal-Mart, but change the peak times Stille TIF application? Doran No specifics yet, anticipate $1.0 Million+ to remove Wal Mart building Hashi Any alterations to Salo Park? Doran No Stille Any walkability to Silver Lake Road? Doran Yes, walkability within the property and connecting to SLR and 39th will be a priority Grittman Architecture thoughts? Doran No solid concept yet, will design from the inside out. Amenities, configuration mix, sizes, etc. then outside design Faust Good layout, fits the area, walkability. Any train noise concern? Doran No, modern building techniques eliminate much outside noise Stille Good parking layout, walkability to SLV. – Walkability is a priority Papatola Considering equity lens from the Comp Plan, how will this be an amenity for the community? Doran Developments like these keep older folks in the city and opens housing for younger families Socha Do lifestyle renters tend to stay longer than is typical for renters? Doran Yes, often 6+ years Grittman Will Doran be the owner/operator? Doran Yes Doran stated they will be planning an Open House in the future and will stay around tonight to answer any questions. Adjourn: The meeting adjourned at 7:43 p.m. Minutes respectfully submitted by Mark Casey, City Manager. City of St. Anthony CITY COUNCIL WORK SESSION City Council Chambers Minutes May 20, 2019 Present: Mayor & Council. Jerry Faust, Mayor; Hal Gray, Councilmember; Randy Stille, Councilmember, Jan Jenson, Councilmember and Thomas Randle, Councilmember. Absent: None Planning Commission: Dominic Papatola, Chair Parks and Environmental Commission: Erin Jordahl Redlin, Chair Staff: Mark Casey, City Manager, Jay Hartman, Public Works Director, Mike Larson, Liquor Operations Manager, Jon Mangseth, Police Chief, Shelly Rueckert, Finance Director, and Mark Sitarz, Fire Chief. Consultants: Steve Grittman, Planner (NAC), Justin Messner, Engineer (WSB) and Minette Saulog, GreenCorp Member Tour of the City: The entire group (minus Jenson) toured the City beginning at 4:30 pm. Upon conclusion, the entire group gathered in the City Hall Council Chambers for a recap of the tour. Adjourn: The meeting adjourned at 6:37 p.m. Minutes respectfully submitted by Mark Casey, City Manager. 1. Hamline University Economic Development Certification Program June 3, 2019 Hamline University Economic Development Certification Program St. Anthony Village Project Results Executive Summary •Project Request: Analyze the Anthony Lane Business Park •Industrial EMVs: Stagnant Growth in Anthony Lane Business Park •Industrial EMV Comparison: Strong Growth in other Communities •Recommendation: Retain & Reinvest in the Industrial Area. Scope and Intent of Project •Analysis 2014 Study of Anthony Park tenants •Analysis of current tenants and creation of inventory directory •Comparison of EMVs of Anthony Park relative to other communities •Suggestions for future use of Anthony Park property Methodologies and Resources Used •PUD database analysis •Google review of addresses/current businesses •Phone calls to verify tenants •EMV analysis and methodology for comparison to other communities •Anecdotal research of other communities Output of Project •Updated Anthony Park report •EMV comparisons •Ideas from other MN communities •Processes to keep park use inventory updated 2017 EMV $29,740,000 Industrial EMV Comparisons Twin Cities Saint Anthony Village Roseville Vadnais Heights Lakeville New Brighton 2016 $24,554,833 $162,828,367 $46,677,233 $144,530,200 $82,295,367 2018 $33,471,300 $343,773,100 $143,038,000 $277,314,100 $198,727,500 Percent Change 36%111%206%92%141% ●What are these cities doing that may be driving results? Source: Minnesota Department of Revenue Case Study 1 Roseville (Key Project: Twin Lakes Redevelopment) ●Partnering with the University of Minnesota in 2014, Roseville conducted a Business Retention & Expansion survey with 41 of their local businesses. ●A Campus Research Review panel identified several opportunities within the survey responses. Those opportunities included: ○Business expansion & networking ○Employee training ○Connecting businesses to development resources, higher education programs, and housing opportunities ○Threats included: running out of room for business expansion ●Some Potential Projects for Consideration Included: ○Inform Roseville businesses of expansion resources ○Sponsor consulting assistance for businesses ○Establish a Business Liaison position for the city ○Streamline, expedite, and optimize building permit process ○Encourage foreign trade Case Study 2 New Brighton (Key Project: New Brighton Exchange) ●In 2015, the Economic Development Commission (EDC) committed to become deliberate in supporting and engaging their business community. ●January 2016, the city council authorized a Business Retention & Expansion program. ○Contracted with Open Business to provide services to the business community: i.Engage local chambers ii.Help the community participate in county-wide efforts iii.Spotlight local businesses iv.Develop web-based materials ●Project goals: ○Clean up contamination ○Expand job opportunities ○Improve tax base ○Create more housing choices ○Maintain community livability image Case Study 3 Vadnais Heights (Key Project: Business Invigoration) ●In 2016, conducted a Business Retention & Expansion survey with 45 of their local businesses. ●The city and EDA launched projects aimed at securing and retaining skilled employees and enhancing communications. ●Projects Implemented: ○Workforce Resource Connections event ○Workforce Resources Promotion (web-based and publication) ○Connect commuter employees to community resources, amenities, and events ○Create a marketing plan for Vadnais Heights ○Create a newsletter and webpage with informational business topics ○Establish a task force related to enhance communication between the city and businesses Case Study 4 Lakeville (Key Project: Downtown Revitalization) ●In 2017, Lakeville sent out a Request for Proposal (RFP) to update the city’s Downtown Development Guide. ●Hired Hoisington Koegler, Inc to update the document. ●Topics reviewed as part of the process: ○What is the vision, Past Plans, Achievements, Existing Land Uses, and Transportation ●Research conducted: ○Market Summary i.Projected Population Growth ii.Demographic Tapestries iii.Office, Retail and Residential Context iv.Retail Capture/Leakage ○Community Engagement i.Public Meetings ii.Online Survey iii.Stakeholder Meetings iv.City Council, Planning Commission and EDC meetings ●City Council approved updated document and recommendations in 2018 Source: SPPA Industry is a Net Positive Project Group Recommendations Benefits to Staying Industrial •Light industrial uses equate to higher tax base and lower city services consumed •Expensive to develop residential on property with Brownfield issues •Maintaining industrial sites for future valuation return Site Worth Further Study •Funding for further study •EDA creation or Commission •Inspiration from case studies to promote development •Business retention and expansion program BR&E Program Ideas •Regular communication with tenants •Webpage dedicated to this area •Creative placemaking to strengthen identity Resources ●Lakeville Downtown Development Guide Update 2018 ●Minnesota Department of Revenue, online ○Interactive Property Tax Data ○PRISM ○2019 Property Values and Assessment Practices Report: Assessment Year 2018 ●Minnesota Economic Trends magazine (March 2019) ●New Brighton City Council Chambers, online (January 12, 2006) ●Roseville Business Retention and Expansion Strategies Program Report ●Saint Anthony 2040 Comprehensive Plan ●TischlerBise study of Metropolitan Area Fiscal Disparities Program for the MN Department of Revenue (2012) ●Vadnais Heights Business Retention and Expansion Strategies Program Report Anthony Lane Business Park 1 Anthony Lane Business Park 2 Anthony Lane Business Park Num Area Market Value Purpose 1 2.03 acres $1,589,000 Manufacturing 2 0.81 acres $564,000 Office Suites 3 0.75 acres $664,000 Manufacturing 4 0.49 acres $652,000 Engineering 5 1.15 acres $1,483,000 Manufacturing 6 0.89 acres $508,000 General Commercial 7 0.94 acres $820,000 Manufacturing 8 0.41 acres $383,000 Manufacturing 9 0.53 acres $1,042,000 Office Suites 10 1.02 acres $790,000 Manufacturing 11 1.38 acres $1,592,000 Promotions 1 2 3 4 5 6 5a Parking Lot 7 8 9 9a Parking Lot 10 11 Anthony Lane Business Park 3 Num Area Market Value Purpose 12 1.3 acres $1,330,000 Manufacturing 13 2.04 acres $2,152,000 Office Suites 14 0.98 acres $1,072,000 Manufacturing 15 2.04 acres $2,055,000 Manufacturing 16 3.24 acres $3,379,000 Catering 17 0.62 acres $469,000 Office Suites 18 2.17 acres $1,811,000 Manufacturing 19 1.16 acres $611,000 Publishing 20 1.99 acres $2,352,000 Office Suites 21 1.08 acres $559,000 Office Suites 22 0.89 acres $769,000 Manufacturing 23 0.84 acres $769,000 Office Suites 24 0.78 acres $287,000 Office Suites 25 0.74 acres $278,000 Office Suites 26 0.71 acres $902,000 Office Suites 27 0.84 acres $858,000 Warehouse 12 20 13 14 15 16 20a Parking Lot 17 18 19 21 21a Parking Lot 24 23 26 27 26b Parking Lot 22 26a Parking Lot 25 4 Anthony Lane Business Park 2930 Anthony Lane Current Tennent Triangle Industries Area 2.03 acre lot 2017 EMV $1,589,000 Built 1966 PID 06-029-23-44-0059 Owner Pranthony Properties LLC Notes 1 Anthony Lane Business Park 5 2924 Anthony Lane Current Tennent The Window Store Home Improvements / HomeSure Inc. Area 0.81 acre lot 2017 EMV $564,000 Built 1982 PID 06-029-23-44-0058 Owner REM Holdings LLC Notes 2 6 Anthony Lane Business Park 2920 Anthony Lane Current Tennent Architectural Lighting Designs Area 0.75 acre lot 2017 EMV $664,000 Built 1964 PID 06-029-23-44-0031 06-029-23-44-0032 Owner Daniel A. Delong Notes 3 Anthony Lane Business Park 7 2912 Anthony Lane Current Tennent RANI Engineering Area 0.49 acre lot 2017 EMV $652,000 Built 1964 PID 06-029-23-44-0030 Owner RBRI Limited LLC Notes 4 8 Anthony Lane Business Park 2908 Anthony Lane Current Tennent Arden Fabrication Area 1.15 acre lot 2017 EMV $1,483,000 Built 1964 PID 06-029-23-44-0029 Owner Anthony Lane LLC Notes 5 Anthony Lane Business Park 9 2900 Anthony Lane Current Tennent Parking Lot Area 0.53 acre lot 2017 EMV $139,000 Built n/a PID 06-029-23-44-0027 Owner Anthony Lane LLC Notes 5a 10 Anthony Lane Business Park 3501 29th Avenue NE Current Tennent Murphy ’s Gas Station Area 0.89 acre lot 2017 EMV $508,000 Built 1965 PID 06-029-23-44-0028 Owner R.C. & M.C. Graff Notes 6 Anthony Lane Business Park 11 3601 29th Avenue NE Current Tennent Walter R. Hammond Co. Area 0.94 acre lot 2017 EMV $820,000 Built 1968 PID 06-029-23-44-0036 Owner Mars Hammond Holdings LLC Notes 7 12 Anthony Lane Business Park 3605 29th Avenue NE Current Tennent Alternative Video Solutions, Inc. Area 0.41 acre lot 2017 EMV $383,000 Built 1964 PID 06-029-23-44-0035 Owner Thill Properties LLC Notes 8 Anthony Lane Business Park 13 2909 Anthony Lane Current Tennent IBEW Local 160 Area 0.53 acre lot 2017 EMV $1,042,000 Built 1964 PID 06-029-23-44-0037 Owner Local Union No. 160 Bldg. Corp. Notes 9 14 Anthony Lane Business Park 2919 Anthony Lane Current Tennent Parking Lot Area 0.54 acre lot 2017 EMV $142,000 Built n/a PID 06-029-23-44-0039 Owner Local Union No. 160 Bldg. Corp. Notes 9a Anthony Lane Business Park 15 2917 Anthony Lane Current Tennent Architect Mechanical, Inc. Area 1.02 acre lot 2017 EMV $790,000 Built 1967 PID 06-029-23-44-0040 Owner Anthony Lane Partners LLC Notes 10 16 Anthony Lane Business Park 3615 29th Avenue NE Current Tennent Process Label Systems Area 1.38 acre lot 2017 EMV $1,592,000 Built 1963 PID 06-029-23-44-0038 Owner FCB Leasing Inc. Notes 11 Anthony Lane Business Park 17 2825 Anthony Lane S Current Tennent Fastner Supply Area 1.3 acre lot 2017 EMV $1,330,000 Built 1981 PID 07-029-23-11-0003 Owner O’Brien Prop. St. Anthony LLC Notes 12 18 Anthony Lane Business Park 2829 Anthony Lane S Current Tennent I.U.O.E Local 49 Area 2.04 acre lot 2017 EMV $2,152,000 Built 1977 PID 07-029-23-11-0004 Owner Twin City Hoisting Inc. Notes 13 Anthony Lane Business Park 19 2833 Anthony Lane S Current Tennent Triangle Industries Area 0.98 acre lot 2017 EMV $1,072,000 Built 1973 PID 07-029-23-11-0005 Owner Apple Products LLC Notes 14 20 Anthony Lane Business Park 2837 Anthony Lane S Current Tennent The Winston Company Area 2.04 acre lot 2017 EMV $2,055,000 Built 1972 PID 07-029-23-11-0006 Owner Coppo Partners Notes 15 Anthony Lane Business Park 21 2850 Anthony Lane S Current Tennent Mintahoe Catering & Events Area 3.24 acre lot 2017 EMV $3,379,000 Built 1973 PID 07-029-23-11-0032 Owner 2850 LLC Notes 16 22 Anthony Lane Business Park 2852 Anthony Lane S Current Tennent iDream.tv Location Images Area 0.62 acre lot 2017 EMV $467,000 Built 1978 PID 07-029-23-11-0025 Owner TNT 2000 Properties LLC Notes 17 Anthony Lane Business Park 23 2800 Anthony Lane S Current Tennent Mallard Ink Company Area 2.17 acre lot 2017 EMV $1,811,000 Built 1980 PID 07-029-23-11-0026 Owner Anthony Lane South LLC Notes 18 24 Anthony Lane Business Park 2908 Anthony Lane S Current Tennent Franchise Times Corp Area 1.16 acre lot 2017 EMV $611,000 Built 1969 PID 07-029-23-11-0011 Owner John & Jill Hamburger Notes 19 Anthony Lane Business Park 25 2812 Anthony Lane S Current Tennent Jack & Jill Childcare / Foster & Beyer, PLLC Area 1.99 acre lot 2017 EMV $2,352,000 Built 1970 PID 07-029-23-11-0012 Owner Premier Gateway LLC Notes 20 26 Anthony Lane Business Park 2817 Anthony Lane S Current Tennent Parking Lot Area 0.28 acre lot 2017 EMV $74,000 Built 1965 PID 07-029-23-11-0030 Owner Premier Gateway LLC Notes 20a Anthony Lane Business Park 27 2817 Anthony Lane S Current Tennent Provident Home Healthcare Area 1.08 acre lot 2017 EMV $559,000 Built 1975 PID 07-029-23-11-0031 Owner Warren A. Mesenbring Notes 21 28 Anthony Lane Business Park 2821 Anthony Lane S Current Tennent Parking Lot Area 0.91 acre lot 2017 EMV $239,000 Built n/a PID 07-029-23-11-0014 Owner Warren A. Mesenbring Notes 21a Anthony Lane Business Park 29 2816 Anthony Lane S Current Tennent Lane Company / Interlog USA Area 0.89 acre lot 2017 EMV $769,000 Built 1976 PID 07-029-23-11-0015 Owner Lew-Dun Properties LLC Notes 22 30 Anthony Lane Business Park 2820 Anthony Lane S Current Tennent Interlog USA Area 0.84 acre lot 2017 EMV $769,000 Built 1976 PID 07-029-23-11-0016 Owner St. Anthony LLC Notes 23 Anthony Lane Business Park 31 2824 Anthony Lane S Current Tennent Round 6 Investments LLC Area 0.78 acre lot 2017 EMV $287,000 Built 1978 PID 07-029-23-11-0017 Owner Round 6 Investments LLC Notes 24 32 Anthony Lane Business Park 2828 Anthony Lane S Current Tennent Round 6 Investments LLC Area 0.74 acre lot 2017 EMV $278,000 Built 1978 PID 07-029-23-11-0018 Owner Round 6 Investments LLC Notes 25 Anthony Lane Business Park 33 2855 Anthony Lane S Current Tennent Parking Lot Area 0.72 acre lot 2017 EMV $188,000 Built n/a PID 07-029-23-11-0019 Owner Cambridge Properties LLC Notes 26a 34 Anthony Lane Business Park 2855 Anthony Lane S Current Tennent Anthony Place Area 0.71 acre lot 2017 EMV $902,000 Built 1980 PID 07-029-23-11-0020 Owner Cambridge Properties LLC Notes 26 Anthony Lane Business Park 35 2855 Anthony Lane S Current Tennent Parking Lot Area 0.75 acre lot 2017 EMV $195,000 Built n/a PID 07-029-23-11-0021 Owner Cambridge Properties LLC Notes 26b 36 Anthony Lane Business Park 2845 Anthony Lane S Current Tennent Economy Restaurant Supply Co Area 0.84 acre lot 2017 EMV $858,000 Built 1977 PID 07-029-23-11-0022 Owner Connie & Wendi LLC Notes 27 Anthony Lane Business Park THIS PAGE LEFT INTENTIONALLY BLANK 2. Sister Cities pg. 1 ST ANTHONY SISTER CITY ASSOCATION, INC Fact Sheet What is Sister City? A community-based volunteer organization providing opportunities for City of St Anthony residents to develop long-term relationships with the people of Salo, Finland through cultural exchanges, educational, municipal, professional, technical and youth programs. A sister city program enables the citizens of both communities become directly involved in international relations. The Sister Cities program was created by President Eisenhower in 1956 to promote personal exchanges between Americans and the peoples of other lands to understand, appreciate, and celebrate their differences while building partnerships. . Our Mission: The St. Anthony Sister City Association is a non-profit citizen diplomacy organization that creates and strengthens partnerships between Salo, Finland and St. Anthony, Minnesota USA and promotes cultural understanding in an effort to: Increase global cooperation at the municipal and school level Stimulate economic development and Conduct long-term programs of mutual benefit. Vision: Making the world smaller through citizen diplomacy. Why have a Sister City? A sister city program is an incredible opportunity to travel, build partnerships, promote peace and understanding, and have fun. The benefits to individuals and the community at large include: • Make new friends around the world, learn about other cultures as well as your own • Allows municipal employees and other professionals to learn from their international counterparts, and to promote their own best practices around the world • Art and cultural exchanges • International business opportunities for local firms • Flexibility of sister cities allows for almost any type of exchange, and lets people pursue activities that they are passionate about • Creates a civic organization that anyone in the community can participate in, regardless of profession or background • Be a part of a decades-long peacebuilding movement started by one of our Presidents pg. 2 ST ANTHONY SISTER CITY ASSOCATION, INC Support at the National Level Sister Cities international works with hundreds of communities around the United States to help volunteers and members organize, build, and manage their programs. They offer member services in four different areas: communications, connecting with the network, governance and policy, and Cities Seeking Cities Program. Sister City Participants Officers: President, Vice President, Secretary, Treasurer Board Members: Members of the community Appointed Board Members: St Anthony City Council; St Anthony, New Brighton School District; Student Representative Members from the Community Governing Legislation The City St. Anthony invited Salo, Finland to become its Sister City on April 23, 1985. Sunset Date: N/A Activities Arts and Culture Youth and Education Business and Trade Humanitarian (Blood Drive) Municipal Exchange Our Facebook page @StAnthonySisterCity THIS PAGE LEFT INTENTIONALLY BLANK 3. Levy THIS PAGE LEFT INTENTIONALLY BLANK 6 3 2019 ws WITH GREATER LGA CITY OF ST. ANTHONY VILLAGE 2020 BUDGET OVERALL LEVY *2019 OVERALL PRELIMINARY LEVY 2019 $ Change 2020 % Change General Fund 4,324,113$ 303,400 4,627,513$ 7.02% HRA 170,254 6,810 177,065 4.00% CIP 258,200 25,000 283,200 9.68% Road Improvement Debt 1,914,886 33,590 1,948,476 1.75% Lease Revenue Bonds 343,347 (1,745) 341,602 -0.51% Tax Abatement 222,653 (9,278) 213,375 -4.17% Building Improvement Fund 78,000 5,000 83,000 6.41% Total 7,311,453$ 362,777$ 7,674,231$ 4.96% *Factors included in Preliminary Levy estimate: 1) Wage adjustments at contracted increases 3.25% - and step adjustments 2) Health Insurance premium increase 8.3% per contract cap, estimated cost $26,300 3) Workman's Compensation experience rating improved in 2019-2020 renewal therefore cost reduction of approximately $2,500. 2020-2021 rate change estimates available late 2019 4) Property, Casualty and Liability flat, due to liability claim rate being amortized down, cost reduction of approximately $2,500. 5) Second year of Employer PERA contribution increase for Police and Fire, mandated by legislation, overall increase $21.980. 6) Included $50,000 for shared Communications position with Independent School District 282 7) Assessor, Attorney and Planner professional services reflect annual rate increases. Additionally 2020 budget includes $25,000 for legal fees data practices requests and redaction costs. 8) Liquor transfer to General Fund remains at $200,000 for 2020. 9) Reflects the State's increased funding for 2020 Local Government Aid 10) CIP and Building Improvement levy increases agree to Long term capital plan, to maintain replacement schedule. City of St. AnthonyDebt Levy - Roads, Tax Abatement, Public Facilities802,382 897,435 902,685 918,015 916,965 920,850 929,565 937,755 950,670 729,039 565,647 142,865 138,581 139,547 140,033 2020 Levy Year60 61 62 63 642018 2019street 2020 Street 2021 2022Existing BondsFund2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040$1,700,000 - 2003A (Refunding 2011A) 503 118,057 121,103 123,992 121,473 124,204 132,028 134,286 $1,305,000 - 2008A (2014C) 365 175,652 177,319 178,526 169,602 170,021 172,436 169,496 171,806 168,761 170,966 172,673 173,040 $2,630,000 - 2009A (Refunded in 2017A) 512 184,768 185,450 185,975 186,343 186,553 186,605 172,921 179,549 180,612 181,518 187,516 187,949 182,974 $1,645,000 - 2009B (2001B & 2002A) 503 196,995 192,401 187,808 193,714 183,608 106,150 $1,375,000 - 2010A 514108,587 112,065 110,175 108,285 111,645 109,413 112,209 114,624 113,014 116,368 119,571 117,366 115,106 118,041 $1,940,000 - 2011A 516141,991 138,684 140,626 142,411 138,789 140,416 141,886 142,871 139,285 136,990 139,886 137,366 140,033 137,277 139,640 $2,210,000 - 2011B (2004A and 2005A) 503 250,300 226,977 226,899 221,025 225,157 223,441 226,430 223,537 109,589 $9,495,000 - 2012A (2006A & 2007A) 503/518 324,405 423,185 518,973 519,813 530,693 520,758 520,968 526,218 531,153 535,773 306,356 141,358 142,865 138,581 139,547 140,033 $1,775,000 - 2013B 520 - - 118,685 118,930 119,176 119,120 119,063 118,523 117,984 117,082 115,939 119,864 118,133 116,402 119,133 116,476 119,070 - $2,230,000 - 2014A 522 - - - 157,629 155,848 159,318 157,433 155,548 153,663 157,028 154,896 151,488 153,330 155,015 151,292 152,820 154,190 154,914 $2,580,000 - 2015A 524 - - - - 185,075 182,847 185,869 183,537 186,454 184,016 186,829 184,286 186,993 183,886 186,029 182,331 183,884 184,819 185,111 $1,455,000 - 2016A 526102,173 106,135 104,742 103,349 101,956 105,813 104,315 102,817 106,568 104,965 103,362 107,009 105,025 103,042 105,757 $2,600,000 - 2017A 528189,734 191,592 193,296 189,591 191,136 192,523 193,753 189,575 190,647 191,562 192,320 192,919 193,362 193,646 193,774 $2,610,000 - 2018A 530179,849 180,959 181,585 177,298 177,998 178,467 178,737 178,797 180,484 176,764 178,294 179,666 180,382 180,927 181,302 $1,505,000 - 2019A (maximum bond) 532128,034 126,339 129,848 127,958 131,271 129,176 126,982 129,938 127,418 130,043 127,121 129,394 131,410 127,969 129,717 Total Levy 1,500,755 1,577,184 1,791,659 1,939,225 2,130,768 2,154,706 2,236,431 2,292,395 2,306,153 2,199,212 1,987,761 1,815,511 1,645,742 1,453,258 1,337,032 1,197,006 1,060,654 946,013 788,302 609,179 506,111 309,271 129,717 - - - - - - 2020 Road Improvements Bonds$1,982,000 - 2020A 2020A139,860 139,860 139,860 139,860 139,860 139,860 139,860 139,860 139,860 139,860 139,860 139,860 139,860 139,860 139,860 2021-2027 Road Improvements Bonds$2,352,000 - 2021A 2021A172,252 172,252 172,252 172,252 172,252 172,252 172,252 172,252 172,252 172,252 172,252 172,252 172,252 172,252 172,252 $2,351,000 - 2022A 2022A202,417 202,417 202,417 202,417 202,417 202,417 202,417 202,417 202,417 202,417 202,417 202,417 202,417 202,417 202,417 $1,826,000 - 2023A 2023A160,454 157,514 157,514 157,514 157,514 157,514 157,514 157,514 157,514 157,514 157,514 157,514 157,514 157,514 157,514 $2,413,000 - 2024A 2024A211,100 204,497 204,497 204,497 204,497 204,497 204,497 204,497 204,497 204,497 204,497 204,497 204,497 204,497 204,497 $2,502,000 - 2025A 2025A219,153 215,083 215,083 215,083 215,083 215,083 215,083 215,083 215,083 215,083 215,083 215,083 215,083 215,083 215,083 $2,628,000 - 2026A 2026A233,993 233,993 233,993 233,993 233,993 233,993 233,993 233,993 233,993 233,993 233,993 233,993 233,993 233,993 $2,787,000 - 2027A 2027A245,924 245,924 245,924 245,924 245,924 245,924 245,924 245,924 245,924 245,924 245,924 245,924 245,924 $2,889,000 - 2029A 2029A252,162 252,681 252,681 252,681 252,681 252,681 252,681 252,681 252,681 252,681 252,681 $2,872,000 - 2031A 2031A252,162 252,162 252,162 252,162 252,162 252,162 252,162 252,162 252,162 2030-2032 Mill/Overlays, Sidewalks and Street Lighting$680,000 - 2028A 202862,477 62,477 62,477 62,477 62,477 62,477 62,477 62,477 62,477 62,477 62,477 62,477 $544,000 - 2030A 203034,619 34,619 34,619 34,619 34,619 34,619 34,619 34,619 34,619 34,619 $461,000 - 2032A 203238,661 49,216 49,216 49,216 49,216 49,216 49,216 49,216 $814,000 - 2033A 203368,215 68,215 68,215 68,215 68,215 68,215 68,215 Additional levy - - - - - - - - - 139,860 312,112 514,529 674,983 883,143 1,095,693 1,325,616 1,571,540 1,634,018 1,886,179 1,921,318 2,173,480 2,212,140 2,290,911 2,290,911 2,151,051 1,978,799 1,776,382 1,618,867 1,414,371 Road levy before debt reduction1,500,755 1,577,184 1,791,659 1,939,225 2,130,768 2,154,706 2,236,431 2,292,395 2,306,153 2,339,072 2,299,873 2,330,040 2,320,725 2,336,401 2,432,725 2,522,622 2,632,194 2,580,031 2,674,482 2,530,497 2,679,591 2,521,411 2,420,628 2,290,911 2,151,051 1,978,799 1,776,382 1,618,867 1,414,371 Stormwater Utilty(25,000) (170,000) (150,000) (95,000) (85,000) - (85,000) (85,000) (105,000) - - - - - - - - - - - - - - - - MSA Advance(7,500) (25,000) (85,000) (168,000) (152,500) - (30,249) (17,688) Excess Bond Balance/Project Savings(115,000) (101,921) (92,500) (140,000) (140,009) (171,835) (169,300) (213,115) (90,000) Conduit Fee/ 2010 & 2011 refunding savings/assmts(15,079) (180,842) (91,291) (14,934) (14,328) (13,722) (13,116) (9,106) Public Facilities/Abatement Excess(5,000) (35,000) (55,000) (60,000) (80,000) (70,000) (75,000) (80,000) Infrastructure Levy(75,000) 65,677 186,420 182,477 83,473 (26,099) 26,064 (68,387) Road improvement levy1,500,755 1,577,184 1,776,580 1,791,725 1,828,847 1,792,206 1,778,431 1,854,886 1,873,477 1,893,232 1,911,824 1,948,024 2,372,680 2,509,705 2,606,095 2,606,095 2,606,095 2,606,095 2,606,095 2,530,497 2,679,591 2,521,411 2,420,628 2,290,911 2,151,051 1,978,799 1,776,382 1,618,867 1,414,371 % Increase in Road levy 5.09% 12.64% 0.85% 2.07% -2.00% -0.77% 4.30% 1.00% 1.05% 0.98% 1.89% 21.80% 5.78% 3.84% 0.00% 0.00% 0.00% 0.00% -2.90% 5.89% -5.90% -4.00% -5.36% -6.10% -8.01% -10.23% -8.87% -12.63%$ Increase in Road levy 76,429 199,396 15,145 37,122 (36,641) (13,775) 76,455 18,590 19,755 18,592 36,200 424,656 137,025 96,390 (1) 0 (0) (0) (75,598) 149,094 (158,179) (100,783) (129,717) (139,860) (172,252) (202,417) (157,514) (204,497) TAX ABATEMENT (2009A/2016B/2017A) 149,395 146,480 151,025 153,148 155,112 224,877 227,430 222,653 228,375 228,585 228,638 233,782 233,415 96,390 - - - - - - - - - - - - - - - PUBLIC FACILITIES (Refunded 2012A) 409,773 379,197 378,462 382,872 387,322 396,207 399,882 403,347 406,602 414,897 422,683 424,289 - - - - - - - - - - - - - - - - - 559,168 525,677 529,487 536,020 542,434 621,084 627,312 626,000 634,977 643,482 651,321 658,071 233,415 96,390 - - - - - - - - - - - - - - - FLATL LINE2,854,932Total levied debt after reduction 2,059,923 2,102,861 2,306,067 2,327,744 2,371,281 2,413,290 2,405,743 2,480,886 2,508,454 2,536,714 2,563,145 2,606,095 2,606,095 2,606,095 2,606,095 2,606,095 2,606,095 2,606,095 2,606,095 2,530,497 2,679,591 2,521,411 2,420,628 2,290,911 2,151,051 1,978,799 1,776,382 1,618,867 1,414,371 (0) 0 0 (1) 0 (0) (0) (75,598) Total levied debt before reduction 2,059,923 2,102,861 2,321,146 2,475,244 2,673,202 2,775,790 2,863,743 2,918,395 2,941,130 2,982,554 2,951,194 2,988,111 2,554,140 2,432,791 2,432,725 2,522,622 2,632,194 2,580,031 2,674,482 2,530,497 2,679,591 2,521,411 2,420,628 2,290,911 2,151,051 1,978,799 1,776,382 1,618,867 1,414,371 % Increase in Debt Levied 2.08% 9.66% 0.94% 1.87% 1.77% -0.31% 3.12% 1.11% 1.13% 1.04% 1.68% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -2.90% 5.89% -5.90% -4.00% -5.36% -6.10% -8.01% -10.23% -8.87% -12.63%% Increase in Debt Scheduled to be levied 2.08% 10.38% 6.64% 8.00% 3.84% 3.17% 1.91% 0.78% 1.41% -1.05% 1.25% -14.52% -4.75% 0.00% 3.70% 4.34%-1.98% 3.66% -5.38% 5.89% -5.90% -4.00% -5.36% -6.10% -8.01% -10.23% -8.87% -12.63%$ Increase in levied Debt 42,939 203,205 21,678 43,537 42,009 (7,547) 75,143 27,567 28,260 26,431 42,950 (0) (0) 0 -1 0 (0) (0) (75,598) 149,094 (158,179) (100,783) (129,717) (139,860) (172,252) (202,417) (157,514) (204,497) Debt Study Projected ending fund balances-42,500.00 -50,000.00 -20,000.00 -95,000.00 -97,500.00 -152,500.00 -100,000.00 1,000,000 1,100,000 1,200,000 1,300,000 1,400,000 1,500,000 1,600,000 1,700,000 1,800,000 1,900,000 2,000,000 2,100,000 2,200,000 2,300,000 2,400,000 2,500,000 2,600,000 2,700,000 2,800,000 2,900,000 3,000,000 3,100,0002012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 202720282029203020312032203320342035Total Levied Debt before reductionTotal Levied Debt after reductionS:\1Council Worksessions\2019\06032019\debt levy.xlsx5/28/2019 2020 DEBT LEVYFuture Streets ScheduleImprovement Year Street/Utility costs Mill/overlays    Alleys / Sidewalks  Intersections       Street Lighting DrainageLED‐Kenzie 2015 Railroad XX 2016 2017Fire Truck 2018 Central Park reuse/ ML ErosionTotal Bonded Improvements  Grants/Aids/TIFEst Prepaid assmtsNet costs to be Bonded Bond Issuance costs 1.75%Bond required Rounded Net Assessments Estimated True interest rateAVG Annual Debt Service @ 105%Less assessment collectionsEst additional levy Actual 2013 1,803,197               1,803,197               75,840              1,727,357                 47,643                    1,775,000             1,775,000            438,400 2.00% 172,902           29,227              143,675                 Actual 2014 2,014,491                177,250           2,191,741               50,000                        177,855            2,013,800                 55,530                    2,069,330             2,070,000            305,016 2.74% 179,461           24,500              154,961                 Actual 2015 2,411,400                185,000             113,200           96,400                                   2,806,000               250,000            2,556,000                 24,000                    2,580,000             2,580,000            371,524 2.17% 217,770           32,972              184,798                 Act. Street 2016 1,273,004                86,300                     79,956              24,150                                   1,463,410               31,125              1,432,285                 22,715                    1,455,000             1,455,000            245,967 2.02% 120,866           16,398              104,469                HSIP/ ML Tax Abtmt. 2016 2,975,000               2,975,000               1,542,000                  ‐                         1,433,000                 12,000                    1,445,000             1,445,000            - 1.54% 94,787             ‐                         94,787                   Act. Street 2017 2,789,904                60,700              2,850,604               216,110            2,634,494                 (34,495)                   2,599,999             2,600,000            617,459 2.41% 228,137           36,175              192,121                Actual 2018 2,572,300                65,900              232,200                                 2,870,400               232,200                      64,990              2,573,210                 35,196                    2,608,406             2,610,000            584,890 3.00% 234,026           54,592              179,434                2019 727,000                    936,500           613,000                                 2,276,500               852,000                      ‐                         1,424,500                 80,500                    1,502,663             1,505,000            - 2.77% 128,841           ‐                         128,841                2020 2,099,300               2,099,300              166,152           1,933,148               48,329                    1,981,477             1,982,000            308,568 3.25% 170,547           30,687              139,860                2021 2,093,540               346,900           2,440,440              146,548           2,293,892                57,347                   2,351,240            2,352,000            272,160            3.75% 202,977          17,722            185,255                2022 2,483,815              2,483,815              173,867           2,309,948                40,424                   2,350,372            2,351,000            322,896            4.25% 234,994          34,386            200,607                2023 1,859,845               80,000                    1,939,845              146,189           1,793,656                31,389                   1,825,045            1,826,000            265,780            4.75% 187,501          27,351            160,150                2024 2,766,300               ‐                     60,000                    2,826,300              250,000                     205,641           2,370,659                41,487                   2,412,146            2,413,000            377,619            5.00% 248,136          37,036            211,100                2025 2,565,700               ‐                     90,000                    2,655,700              197,599           2,458,101                43,017                   2,501,118            2,502,000            360,541            5.00% 253,956          34,803            219,153                2026 2,776,800               ‐                    2,776,800              194,376           2,582,424                45,192                   2,627,616            2,628,000            360,984            5.00% 271,651          37,657            233,993                2027 2,945,000               ‐                    2,945,000              206,150           2,738,850                47,930                   2,786,780            2,787,000            382,850            5.00% 285,856          39,931            245,924                2028 3,375,500               ‐                    3,375,500              300,000                     236,285           2,839,215                49,686                   2,888,901            2,889,000            438,815            5.00% 298,433          45,752            252,681                2029 3,034,785              3,034,785              ‐                                  212,435           2,822,350                49,391                   2,871,742            2,872,000            394,522            5.00% 293,307          41,145            252,162                2030253,278            458,481           711,759                 ‐                                  44,324             667,435                   11,680                   679,116                680,000                82,315               5.00% 71,153            8,676              62,477                  2031 265,942            215,879                  185,521           667,342                 ‐                                  132,891           534,451                   9,353                     543,803                544,000                215,959            5.00% 57,193            22,575            34,619                  2032 279,239            222,355           501,594                 ‐                                  48,867             452,727                   7,923                     460,650                461,000                90,753               5.00% 48,214            9,553              38,661                  2033293,201 94426500,768           888,395                 89,081             799,314                   13,988                   813,302                814,000                151,946            5.00% 84,133           15,917 68,215                  Planned Improvements Less other funding Bond Amount Additional debt levyS:\1Council Worksessions\2019\06032019\debt levy.xlsx