HomeMy WebLinkAboutCC PACKET 04282020
If 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.
Our Mission is to be a progressive and welcoming Village that is walkable, sustainable and safe.
This meeting will be streamed live and recorded. Due to health concerns and limited seating, we encourage use
of virtual option by using this link: https://www.savmn.com/CivicAlerts.aspx?AID=298. There is also a dial-in
option available. Members of the public who wish to attend the meeting may do so in person.
For those not in attendance, If you wish to submit a comment or question, electronically submit your comments
at https://www.savmn.com/CivicAlerts.aspx?AID=298 no later than 5:30 pm on the day of the City Council
meeting.
Following guidance from state health officials, some City Council Members may choose to participate in
upcoming meetings electronically pursuant to MN Stat. §13D.021.
Call to Order.
Pledge of Allegiance.
Roll Call.
Consideration, discussion, and possible action on all of the following items:
I. Approval of the April 28, 2020, City Council Meeting Agenda. (action requested.)
II. Proclamations and Recognitions.
III. Consent Agenda.
These items are considered routine and will be enacted by one motion. There will be no separate
discussion of these items unless a Councilmember or citizen so requests, in which the item will be
removed from the Consent Agenda and placed elsewhere on the agenda.
A. Approval of April 14, 2020, City Council meeting minutes. (pp.1-8)
B. Licenses and Permits. (pp.9)
C. Claims. (pp.11-12)
IV. Public Hearing.
V. Reports from Commission and Staff.
VI. General Business of Council.
A. Resolution 20-042 a resolution Authorizing issuance, awarding sale, prescribing the form and details
and providing for the payment of $3,000,000 General Obligation Street Reconstruction Bonds Series
2020A. Stacie Kvilvang, Ehlers & Associates presenting. (pp.13-38)
B. Resolution 20-043 a resolution approving and adopting the final 2040 Comprehensive Plan for the
City of St. Anthony Village. Steve Grittman, City Planner presenting. (pp.39-44)
VII. Reports from City Manager and Council members.
CITY OF ST. ANTHONY VILLAGE
CITY COUNCIL MEETING AGENDA
APRIL 28, 2020
7:00 p.m.
HRA meeting immediately
after council meeting
If 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.
Our Mission is to be a progressive and welcoming Village that is walkable, sustainable and safe.
VIII. Community Forum
Individuals may address the City Council about any City business item not included on the regular agenda.
Speakers are requested to come to the podium, sign their name and address on the form at the podium, state
their name and address for the Clerk’s record, and limit their remarks to five minutes. Generally, the City
Council will not take official action on items discussed at this time, but may typically refer the matter to staff
for a future report or direct the matter to be scheduled on an upcoming agenda.
IX. Information and Announcements
X. Adjournment
CITY OF ST. ANTHONY 1
CITY COUNCIL REGULAR MEETING MINUTES 2
APRIL 14, 2020 3
4
CALL TO ORDER. 5
6
Mayor Stille called the meeting to order at 7:00 p.m. 7
8
PLEDGE OF ALLEGIANCE. 9
10
Mayor Stille invited the Council and audience to join him in the Pledge of Allegiance. 11
12
ROLL CALL. 13
14
Present: Mayor Stille, Councilmembers Jenson, Randle, Walker and Webster. 15
Absent: None 16
Also Present: City Manager Mark Casey, Assistant to the City Manager Charlie Yunker, and City 17
Engineer City Engineer Justin Messner. 18
Guests: None. 19
20
CONSIDERATION, DISCUSSION, AND POSSIBLE ACTION ON ALL OF THE FOLLOWING 21
ITEMS. 22
23
I.APPROVAL OF APRIL 14, 2020 CITY COUNCIL MEETING AGENDA. 24
25
Motion by Councilmember Jenson, seconded by Councilmember Webster, to approve the City 26
Council Meeting Agenda of April 14, 2020. 27
28
Motion carried 5-0. 29
30
II.PROCLAMATIONS AND RECOGNITIONS – NONE. 31
32
III. CONSENT AGENDA.33
34
A.Approve March 10, 2020, Council meeting minutes.35
B.Approve March 19, 2020, Emergency City Council meeting minutes36
C. Licenses and permits.37
D.Claims.38
E. Resolution 20-032; a Resolution Accepting Donations and Grants Received in the 1st39
Quarter of 2020.40
F.Arbor Day Proclamation.41
G.Earth Day Proclamation42
H.Resolution 20-033; a Resolution Revoking Wine/Beer license for Hickory Hog43
I.Resolution 20-34; a Resolution Approving a request to keep four (4) female chickens in44
an R-1 zoning district at 3112 Bell Lane45
J.Resolution 20-035; a Resolution Approving a request to keep six (6) female chickens in46
an R-1 zoning district at 3511 Harding Street47
48
1
City Council Regular Meeting Minutes
April 14, 2020
Page 2
Motion by Councilmember Jenson, seconded by Councilmember Walker, to approve the Consent 1
Agenda items. 2
3
Motion carried 5-0. 4
5
IV. PUBLIC HEARING 6
7
2020 Street and Utility Improvement Project. 8
9
A. Resolution 20-036; a Resolution Ordering Improvements for the 2020 Street and Utility 10
Improvements. 11
12
Mayor Stille opened the public hearing at 7:08 p.m. 13
14
City Engineer Messner reviewed the resolution with the Council and asked that the resolution be 15
approved. 16
17
Councilmember Randle stated speaking to the residents as a whole this is a surprisingly good 18
deal and encouraged the residents to take advantage of it. 19
20
Councilmember Webster thanked Mr. Messner for a clear presentation, the scope and cost of the 21
project, and outlining it for them and the public. 22
23
Mayor Stille indicated for clarification on the November 25, 2020 deadline to pay the 24
assessments off. He thought it was important for the residents and community to know that if the 25
assessment is paid on November 26, 2020, a day late, the resident will owe interest on the 26
assessment for the entire year. He reminded the residents to keep November 25, 2020 date for the 27
date to pay this off. 28
29
Mayor Stille explained for people who want to wait and have this amortized and financed 30
through the City, that is stretched out until May 15, 2022 when the first assessment payment will 31
need to be made, which is two years and he thanked staff for coming up with a way to defer that 32
payment for the residents. 33
34
Mayor Stille indicated there was not anyone in the audience and asked if Mr. Casey received any 35
online comments. Mr. Casey indicated staff has not received any comments online or through 36
emails. 37
38
Mr. Yunker indicated there is one person online through zoom who raised their hand. 39
40
Ms. Noelle Noyes, 4029 Silver Lake Terrace, wondered on March 10, 2020 when the process for 41
the assessments was amended, why that decision was made. Her main concern was with the 42
range of price the residents were given increased substantially and she wondered why that 43
change was made and how that impacted the overall cost. She also understood that if a resident 44
wanted to pay this over time it would not start until May 2022, but she wondered if a resident 45
wanted to pay the cost upfront why that payment date is not delayed by a year as well. Given the 46
2
City Council Regular Meeting Minutes
April 14, 2020
Page 3
State Shelter in Place order how are precautions being taken with COVID-19 and having more 1
traffic and workers on the street during this pandemic. Mr. Messner explained earlier this year 2
City Staff sat down and looked at this project in particular because this is the first time the City 3
broke away from the traditional City style street where there are uniform size lots and more of a 4
grid style pattern seen in Minneapolis. The majority of the lots were relatively the same size. 5
With this improvement, particularly on 32nd and Croft Drive, single family homes that had very 6
extreme assessments because of their front footage, particularly the corner lots. Those lots were 7
paying quite a bit more then the small interior lots. All the homes have the same use of the streets 8
and utilities so staff felt those larger lots should not be penalized and have to pay more. Many 9
Municipalities throughout Minnesota actually use this per unit method and is the preferred 10
method with staff actually goes through and looks at a cost benefit appraisal for a home. Staff did 11
actually compare that to pervious assessments that were ran that looked at the front foot method 12
and that method was relatively consistent with the majority of the homes on the property. 13
Regarding the comment on such a large cost increase, that he was not actually sure about what 14
was presented to Ms. Noyes. The only costs presented to the homeowners was at the March 11, 15
2020 meeting and that was the third public information meeting. Prior to that meeting staff did 16
not have any costs on the project because the project had not been bid yet. 17
18
Ms. Noyes indicated at the first or second information meeting a range of six to seven thousand 19
dollars was given and she wondered what the greatest cost per unit staff had up until this year. 20
Mr. Messner indicated he was unsure and would have to research that, but it is not abnormal to 21
have costs in the twelve to thirteen-thousand-dollar range for residential assessments. 22
23
Mr. Casey explained the reason for not extending payment in full a year out is the City needs to 24
certify this assessment due to bonding in 2020 because that would make the first payment due in 25
2021 which would be paid by the City and the residents in 2022 through the fifteen years the 26
resident would have on the assessment. The fact that the debt has to be certified to the County in 27
2020, therefore anyone who wishes to pay that off would have to be done in 2020. 28
29
Mayor Stille asked what staff has been hearing about COVID-19 and street projects and 30
reactions by contractors so far. Mr. Messner explained contractors, in particular, have indicated 31
this is actually a good environment to do this because the workers are outside and do practice 32
social distancing while doing this type of work. Many of the workers are in their own vehicles or 33
machinery by themselves doing the work. If there are meetings onsite the workers will be 34
practicing social distancing of maintaining six-foot distance as well as with homeowners. From 35
the engineers and staff’s standpoint there will be PPE used at all times. 36
37
Ms. Sara Atwood, 4024 Silver Lake Terrace, asked when residents are not able to access their 38
driveways where are they going to be parking as well as how will the families with electric 39
vehicles going to charge them because hookups are inside the garages, as well as, her residence 40
will be affected by the wall that will be put in place and she wondered what the cost of the wall 41
and fence that will be put up be. Mr. Messner explained parking for residents on Silver Lake 42
Terrace will be provide on Silver Lane. The City will mark a portion of the street as parking 43
eligible and the Police Department will make sure people can park in those places. Some 44
additional construction barrels will be put up on Silver Lane to provide limits of where folks can 45
park. With regard to electric vehicles staff has worked with those individuals that they are aware 46
3
City Council Regular Meeting Minutes
April 14, 2020
Page 4
of and will be setting up electric vehicle charges at the City’s Well House Number Five, near the 1
tennis courts so those residents will be able to park there and charge their vehicles. Regarding the 2
retaining wall, the City has plans to replace it for this project. He noted the exact dollar amount 3
staff is not one hundred percent sure but will be around the $50,000 range for that wall and pretty 4
expensive. Currently it is a two-tier retaining wall and each tier is approximately three to four 5
feet so the new wall will be somewhere around that at six to eight feet high and will be a single 6
retaining wall. In regard to the fence, the City is not proposing to do a traditional split rail fence 7
or black chain link or vinyl fence, the City really wants to mimic what is on Silver Lake Road 8
with the wall and fencing. 9
10
Ms. Noelle Noyes indicated in the presentation there was something about there had to be 11
something in writing at this meeting and she wondered how that worked given that they are not, 12
as a group, present at the meeting. Mr. Messner explained if the residents would like to appeal 13
their assessment then the resident would need to sign a written intent of appeal and deliver that to 14
City offices. If the resident wished to do that the resident could either sign it at the meeting and 15
request to do so or a written notice can be sent to City Hall that the resident intends to appeal and 16
is something that can be done through email. If the resident does intend to appeal, signing a 17
notice does not mean that the appeal is a done process. The resident still needs to file the appeal 18
to the County Courthouse within thirty days of the adoption of the assessment role and the 19
resident would need to hire an attorney and go through the appeal process after filing at the 20
County Courthouse. 21
22
Ms. Noelle Noyes explained that given the extraordinary nature of what is going on right now, 23
the Pandemic and impacts on the economy and people’s health, etc., she was a bit surprised that 24
none of that has been brought up in terms of assessing the potential impact of this under 25
completely changed circumstances from when the project was first brought up and talked about. 26
She knew that people in the neighborhood have been furloughed already and there is a lot of 27
unemployment and it is unclear whether or not that is going to improve or not so it is somewhat 28
surprising to her in a disappointing way that there has not been some sort of more at least 29
information discussion about the potential impacts of the new situation on this pretty large cost 30
of thirteen to nineteen thousand dollars if paid as a part of taxes. 31
32
Ms. Sara Atwood indicated the City came out and marked where an easement is going to be on 33
her property and it is quite a large chunk of her property and she is not able to put anything on 34
the easement, such as the shed her family want there and indicated the easement will really 35
impact their land and what can be enjoyed. Mr. Messner explained the wall itself is on the 36
property line and the purpose of the easement is for the construction of the retaining wall and for 37
the installation of the storm sewer that needs to be replaced. There is an existing storm sewer in 38
Ms. Atwood’s yard in that location and that line needs to be replaced because it is failing, and the 39
side of the embankment is washing out and needs to be repaired. These are improvements that 40
are necessary for the project. If the line is replaced the City is asking that a proper easement over 41
that is placed in order to access and maintain it. He noted Ms. Atwood is still allowed to place a 42
shed on that easement which he did explain in an email to her husband on that. The only thing 43
not allowed would be a permanent structure. He noted the easement is only ten feet wide on the 44
property line so by City Code they would not be able to put a permanent structure within that 45
distance anyway due to City setbacks for structures. 46
4
City Council Regular Meeting Minutes
April 14, 2020
Page 5
1
Mayor Stille explained the street projects are like steering a ship and it takes along time to go 2
through these. He indicated even in 2008-20010 the City went ahead with the proposed street 3
projects which he has not regretted at all because for one thing the interest rates were so cheap, 4
and the costs were so reasonable and were a benefit to the City. He explained he did understand 5
where the residents were coming from and why the City and Staff came up with an opportunity 6
to defer those payments for over two years from now. He indicated the City is being sensitive of 7
that and trying to react the best way it can yet still maintain this particular project in order to 8
move forward. On the flip side there are actually people who want this project to move forward 9
and are anxious for this to be concluded. 10
11
There being no additional public input, Mayor Stille closed the public hearing at 7:52 p.m. 12
13
Motion by Councilmember Randle, seconded by Councilmember Jenson, to approve Resolution 14
20-036; a Resolution Ordering Improvements for the 2020 Street and Utility Improvements. 15
16
Motion carried 5-0. 17
18
B. Resolution 20-037; a Resolution Adopting and Confirming Assessments for the 2020 19
Street and Utility Improvements 20
21
Presentation and discussion with public hearing was done in previous item. 22
23
Motion by Councilmember Jenson, seconded by Councilmember Randle, to approve Resolution 24
20-037; a Resolution Adopting and Confirming Assessments for the 2020 Street and Utility 25
Improvements. 26
Motion carried 5-0. 27
28
C. Resolution 20-038; a Resolution Awarding a Bid for the 2020 Street and Utility 29
Improvements. 30
31
Presentation and discussion with public hearing was done in previous item. 32
33
Motion by Councilmember Walker, seconded by Councilmember Webster, to approve 34
Resolution 20-038; a Resolution Awarding a Bid for the 2020 Street and Utility Improvements. 35
36
Motion carried 5-0. 37
38
V. REPORTS FROM COMMISSION AND STAFF – NONE. 39
40
VI. GENERAL BUSINESS OF COUNCIL. 41
42
A. Resolution 20-039; a Resolution Requesting an Advance from the Municipal State Aid 43
(MSA) Street Fund for the 2020 Calendar Year. 44
45
5
City Council Regular Meeting Minutes
April 14, 2020
Page 6
City Engineer Messner reviewed the resolution with the Council and asked that the resolution be 1
approved. 2
3
Mayor Stille explained every so often Shelly Rueckert will provide a presentation and summary 4
of the City street projects with all of the sources and uses of money which is projected over 5
fifteen years or more. There is a line item that is called the peak to plateau and gets balanced 6
with one-time money once in a while and this money has already been plugged into those 7
sources. Mr. Casey indicated that is a viable source the City uses and gives them more of a 8
plateau and a predictable versus a sharp spike or peak in the process which helps staff balance 9
this out and one of the sources staff does use. 10
11
Motion by Councilmember Webster, seconded by Councilmember Jenson, to approve Resolution 12
20-039; a Resolution Requesting an Advance from the Municipal State Aid (MSA) Street Fund 13
for the 2020 Calendar Year. 14
15
Motion carried 5-0. 16
17
B. Resolution 20-040; a Resolution Accepting and Approving the Termination of Access 18
Control Agreement with Ramsey County. 19
20
City Engineer Messner reviewed the resolution with the Council and asked that the resolution be 21
approved. 22
23
Councilmember Randle asked if all of the other businesses were contacted that would be affected 24
by this. Mr. Messner explained they were not, any new access onto a County Road, if there was a 25
redevelopment the business would need to submit a plan for their redevelopment and if 26
additional access is wanted the business would need to fill out an access control permit. The 27
County would review that permit and provide access. 28
29
Motion by Councilmember Jenson, seconded by Councilmember Walker, to approve Resolution 30
20-040; a Resolution Accepting and Approving the Termination of Access Control Agreement 31
with Ramsey County. 32
33
Motion carried 5-0. 34
35
C. Resolution 20-041; a Resolution Approving the Appointment of Michael Guest to fill a 36
vacancy on the Parks & Environmental Commission and Appointment of James Niemi as 37
the Vice Chair. 38
39
City Manager Casey reviewed the resolution with the Council and asked that the resolution be 40
approved. 41
42
Motion by Councilmember Webster, seconded by Councilmember Randle, to approve 43
Resolution 20-041; a Resolution Approving the Appointment of Michael Guest to fill a vacancy 44
on the Parks & Environmental Commission and Appointment of James Niemi as the Vice Chair. 45
46
6
City Council Regular Meeting Minutes
April 14, 2020
Page 7
Motion carried 5-0. 1
2
VII. REPORTS FROM CITY MANAGER AND COUNCIL MEMBERS. 3
4
City Manager Casey reported that City Hall is open for business with modified hours. He noted 5
if residents have any questions or concerns to please email or call. The liquor operations at Silver 6
Lake Village is open 12:00 p.m. to 8:00 p.m. Monday through Saturday and the liquor operation 7
managers are working on trying to open up the Marketplace location in the near future. 8
9
Councilmember Jenson stated he attended the Executive Board Meeting for the Ramsey County 10
League of Local Governments on Friday, April 4th. 11
12
Councilmember Webster stated she explained the Chamber of Commerce was to hold their 13
annual meeting this Thursday, April 16th where they would recognize Villagers of the Year, Bob 14
and Lana Dullen as well as the Northeaster Newspaper as Business of the Year but that event has 15
been cancelled. Village fest is meeting in May to look at the conditions of the world and society 16
to see what planning may be in place for Village fest 2020 and Las Qantas Two was schedule to 17
have a silent auction this Sunday as one of their fundraisers along with a dinner and that event 18
has been postponed as well. 19
20
Councilmember Walker stated on April 10th he was interviewed by CTV and it went pretty well. 21
This was a general interview about being elected to the Council and his aspirations for being on 22
the Council. There was a little discussion as well about COVID-19. Informally and not as a 23
member of the City Council he kept an eye on the village people Facebook page to see what 24
people are saying and their fears and concerns were and a topic came up about hearing from the 25
Council publicly and what the Council has to say so he approach City Manager Casey about this 26
matter which resulted in a video the entire Council participated in and he has heard positive 27
comments from residents about the video. 28
29
Mayor Stille stated he attended the Regional Council of Mayor meeting on Monday, April 13th 30
virtually and Peter Frosh of Greater MSP was there to talk about where they are going as a 31
region as everyone is experiencing some really bad times and some of his estimates on what 32
might be happening and there are some office projects in towns that are being shelved and he 33
thought the industrial real estate market is going to be good because they are moving from just in 34
time supply chains to maybe a more of a just in case so there is going to be some shifting there. 35
He thought about that because St. Anthony does not have a lot of office and will not impact 36
them, and the City does have a small industrial area which does well for that part of the 37
community. Mr. Frosh was also talking about Minnesota being one of the first States to 38
potentially take advantage or come out of this and his opinion there has already been some quiet 39
conversations about what can be done as a region working with a comprehensive economic 40
development strategy and the Metropolitan Council and that so there are people looking at the 41
long view and they incorporate the Mayors of the communities to have input and that is the 42
whole purpose of that meeting, to get educated and see how the City of St. Anthony can fit into 43
this. Mayor Stille stated the meeting segued into a round table discussion with mayors of the 44
region and many cities were different in regard to revenues coming in and St. Anthony does not 45
have a lot of the different types of revenues of other cities. 46
7
City Council Regular Meeting Minutes
April 14, 2020
Page 8
1
VIII. COMMUNITY FORUM. 2
3
Mayor Stille invited residents to come forward at this time and address the Council on items that 4
are not on the regular agenda. 5
6
Hearing none, Mayor Stille moved forward with the agenda. 7
8
IX. INFORMATION AND ANNOUNCEMENTS. 9
10
Mayor Stille indicated the Walmart building is gone in the City and a nice change. He reflected 11
on the Police and Fire Departments and indicated he was thankful for them. He also stated he 12
sees more and more people walking around the City and meeting new people. 13
14
X. ADJOURNMENT. 15
16
Mayor Stille adjourned the meeting at 8:17 p.m. 17
18
19
Respectfully submitted, 20
Sue Osbeck 21
TimeSaver Off Site Secretarial, Inc. 22
23
Mayor 24
ATTEST: 25
City Clerk 26
8
Saint Anthony Village
DATE: April 28, 2020 Approved:
TO: Mayor and Councilmembers
FROM: License Clerk
ITEM: License and Permits for Approval:
General Contractors Licenses:
Arbor Tree Service, Brooklyn Park, MN
Ebert Construction, Corcoran, MN
Garden City, Cottage Grove, MN
Rachel Contracting, St Michael, MN
Mechanical Licenses:
Dependable Heating & Cooling, Coon Rapids, MN
S & R Appliance Repair, White Bear Lake, MN
TJK Plumbing, Maple Grove, MN
Garbage Hauler/Recycling License:
Applicant: Advanced Disposal Services
9
THIS PAGE LEFT INTENTIONALLY BLANK
10
City of St Anthony Village CITY OF ST ANTHONY HRA CHECK REGISTER Page: 1
Check Issue Dates: 4/9/2020 - 4/29/2020 Apr 21, 2020 05:38PM
Vendor Number Payee Check Number Check Issue Date Amount
10461 EHLERS & ASSOCIATES, INC.40787 04/09/2020 7,275.00
12919 U S BANK 40788 04/14/2020 2,500.00
11798 CENTRAL PENSION FUND LOCAL #49 40789 04/17/2020 3,840.00
10710 ICMA RETIREMENT TRUST 40790 04/17/2020 1,916.00
12077 SUN LIFE FINANCIAL 40791 04/17/2020 1,016.35
12760 10322006 SSI MN TRANCHE (FD)40792 04/29/2020 1,507.31
1118 56 BREWING 40793 04/29/2020 594.00
10039 AIRGAS USA LLC 40794 04/29/2020 66.34
1054 AMERICAN BOTTLING CO 40795 04/29/2020 237.36
1100 ARTISIAN BEER COMPANY 40796 04/29/2020 4,330.30
10154 BDI - GOPHER BEARING 40797 04/29/2020 37.52
1013 BELLBOY CORPORATION 40798 04/29/2020 6,532.20
1014 BELLBOY CORPORATION 40799 04/29/2020 487.83
2009 BLACK STACK BREWING 40800 04/29/2020 461.00
8544 BOURGET IMPORTS 40801 04/29/2020 195.50
1018 BREAKTHRU BEVERAGE MN BEER 40802 04/29/2020 23,565.77
1011 BREAKTHRU BEVERAGE MN WINE & SPIRITS 40803 04/29/2020 10,091.53
1009 BREAKTHRU BEVERAGE MN WINE & SPIRITS 40804 04/29/2020 3,380.09
10218 BUREAU OF CRIM APPREHENSION 40805 04/29/2020 510.00
1017 CAPITOL BEVERAGE SALES 40806 04/29/2020 7,113.57
10252 CENTERPOINT ENERGY 40807 04/29/2020 7,108.09
10263 CENTURYLINK 40808 04/29/2020 349.69
12596 CINTAS 40809 04/29/2020 377.28
1010 CLEAR RIVER BEVERAGE COMPANY 40810 04/29/2020 651.00
10349 CREATIVE FORMS & CONCEPTS 40811 04/29/2020 283.40
1042 CRYSTAL SPRINGS ICE 40812 04/29/2020 175.23
10375 DALCO 40813 04/29/2020 312.35
12209 DASH MEDICAL GLOVES 40814 04/29/2020 359.50
10411 DIAMOND VOGEL PAINTS 40815 04/29/2020 903.00
10461 EHLERS & ASSOCIATES, INC.40816 04/29/2020 1,475.00
10526 FLEETPRIDE 40817 04/29/2020 260.27
1021 GREAT LAKES COCA COLA 40818 04/29/2020 442.88
10642 HENN CNTY INFO TECH DEPT 40819 04/29/2020 4,997.21
10661 HENNEPIN COUNTY TREASURER 40820 04/29/2020 2,204.50
1019 HOHENSTEIN'S, INC 40821 04/29/2020 4,555.90
1027 INDEED BREWING COMPANY 40822 04/29/2020 2,026.30
12893 INNOVO AUTOMATION 40823 04/29/2020 495.00
11754 INTEGRATED LOSS CONTROL, INC.40824 04/29/2020 617.00
1016 JJ TAYLOR DISTRIBUTING 40825 04/29/2020 14,638.95
1004 JOHNSON BROTHERS LIQUOR CO.40826 04/29/2020 7,189.18
1005 JOHNSON BROTHERS LIQUOR COMPANY.40827 04/29/2020 4,604.86
1006 JOHNSON BROTHERS LIQUOR COMPANY.40828 04/29/2020 8,632.19
1044 JOHNSON BROTHERS LIQUOR COMPANY.40829 04/29/2020 14,779.98
10797 KONICA MINOLTA BUSINESS 40830 04/29/2020 30.71
2028 LADONA CERVECERIA 40831 04/29/2020 108.00
2010 LUPULIN BREWING 40832 04/29/2020 559.85
1022 M. AMUNDSON LLP 40833 04/29/2020 913.60
11985 MANSFIELD OIL COMPANY 40834 04/29/2020 14,898.64
10888 MARKEL/EDWARD 40835 04/29/2020 51.00
2029 MEGA BEER 40836 04/29/2020 348.30
11965 MINNESOTA POLLUTION CONTROL AGENCY 40837 04/29/2020 23.00
12921 MISIAK, JANINA 40838 04/29/2020 16.54
11019 MISTER CAR WASH 40839 04/29/2020 206.64
11
City of St Anthony Village CITY OF ST ANTHONY HRA CHECK REGISTER Page: 2
Check Issue Dates: 4/9/2020 - 4/29/2020 Apr 21, 2020 05:38PM
Vendor Number Payee Check Number Check Issue Date Amount
11079 MUNICIPAL EMERGENCY SERVICES 40840 04/29/2020 5,795.00
1051 NEW FRANCE WINE COMPANY 40841 04/29/2020 1,120.00
11132 NORTH SUBURBAN COMMUNICATIONS 40842 04/29/2020 6,053.14
11163 OFFICE DEPOT 40843 04/29/2020 113.39
11185 PACE ANALYTICAL SERVICES, INC.40844 04/29/2020 63.50
1012 PAUSTIS & SONS 40845 04/29/2020 1,184.50
1001 PHILLIPS WINE & SPIRITS 40846 04/29/2020 2,744.92
1002 PHILLIPS WINE & SPIRITS 40847 04/29/2020 7,924.37
2019 PRYES BREWING COMPANY 40848 04/29/2020 902.00
1020 ROOTSTOCK WINE COMPANY 40849 04/29/2020 186.96
11345 ROSEVILLE CHRYSLER DODGE 40850 04/29/2020 164.00
2018 SMALL LOT WINES 40851 04/29/2020 226.00
1024 SOUTHERN GLAZER'S OF MN 40852 04/29/2020 4,588.60
1008 SOUTHERN GLAZER'S OF MN 40853 04/29/2020 744.64
1026 SOUTHERN GLAZER'S OF MN 40854 04/29/2020 8,003.29
1036 SOUTHERN GLAZER'S OF MN 40855 04/29/2020 214.56
2001 STEEL TOE BREWING 40856 04/29/2020 99.00
11948 STEPP MANUFACTURING CO INC 40857 04/29/2020 48,366.00
12920 SVAP III SILVER LAKE VILLAGE LLC 40858 04/29/2020 5,268.80
11543 TECH SALES CO 40859 04/29/2020 450.00
11586 TRACY PRINTING 40860 04/29/2020 1,028.00
11595 TRI STATE BOBCAT, INC.40861 04/29/2020 147.46
11626 U.S. BANK (PURCHASING CARD)40862 04/29/2020 6,096.08
12776 USS MINNESOTA ONE MT LLC (CH)40863 04/29/2020 9,211.77
11674 VERIZON WIRELESS 40864 04/29/2020 435.09
1025 VINOCOPIA 40865 04/29/2020 514.25
11933 WIMACTEL INC 40866 04/29/2020 50.00
12648 WINDSTREAM 40867 04/29/2020 77.90
1034 WINE COMPANY/THE 40868 04/29/2020 944.77
1038 WINE MERCHANTS INC 40869 04/29/2020 2,297.62
11738 WSB & ASSOCIATES, INC.40870 04/29/2020 33,922.50
11740 XCEL ENERGY 40871 04/29/2020 14,728.07
Grand Totals: 333,918.89
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4852-6958-9943\3
CERTIFICATION OF MINUTES RELATING TO
$[3,000,000] GENERAL OBLIGATION STREET RECONSTRUCTION BONDS,
SERIES 2020A
Municipality: City of St. Anthony, Minnesota
Governing Body: City Council
Kind, date, time and place of meeting: A regular meeting held on April 28, 2020, at 7:00 o’clock
p.m., at the City Hall.
Members present:
Members absent:
Documents Attached:
Minutes of said meeting (including):
RESOLUTION 20-042
RESOLUTION AUTHORIZING ISSUANCE, AWARDING SALE,
PRESCRIBING THE FORM AND DETAILS AND PROVIDING FOR THE
PAYMENT OF $[3,000,000] GENERAL OBLIGATION STREET
RECONSTRUCTION BONDS, SERIES 2020A
I, the undersigned, being the duly qualified and acting recording officer of the public
corporation issuing the bonds referred to in the title of this certificate, certify that the documents
attached hereto, as described above, have been carefully compared with the original records of said
corporation in my legal custody, from which they have been transcribed; that said documents are
a correct and complete transcript of the minutes of a meeting of the governing body of said
corporation, and correct and complete copies of all resolutions and other actions taken and of all
documents approved by the governing body at said meeting, so far as they relate to said bonds;
and that said meeting was duly held by the governing body at the time and place and was attended
throughout by the members indicated above, pursuant to call and notice of such meeting given as
required by law.
WITNESS my hand officially as such recording officer on ____________, 2020.
Nicole Miller, City Clerk
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It was reported that [___________] ([____]) proposals for the purchase of $[3,000,000]
General Obligation Street Reconstruction Bonds, Series 2020A, were received prior to [10:30 a.m.,
Central time], on Monday, April 28, 2020, pursuant to the Preliminary Official Statement
distributed to potential purchasers of the Bonds by Ehlers and Associates, Inc., municipal advisors
to the City. The proposals have been publicly opened, read, and tabulated and were found to be
as follows:
See Attached
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4852-6958-9943\3
Councilmember ________________ introduced the following resolution and moved its adoption,
which motion was seconded by Councilmember ____________________:
RESOLUTION 20-042
RESOLUTION AUTHORIZING ISSUANCE, AWARDING SALE,
PRESCRIBING THE FORM AND DETAILS AND PROVIDING FOR THE
PAYMENT OF $[3,000,000] GENERAL OBLIGATION STREET
RECONSTRUCTION BONDS, SERIES 2020A
BE IT RESOLVED by the City Council (the “Council”) of the City of St. Anthony,
Minnesota (the “City”), as follows:
SECTION 1. AUTHORIZATION AND SALE.
1.01. Authorization. This Council, by resolution adopted March 10, 2020, authorized the
issuance and sale of its General Obligation Street Reconstruction Bonds, Series 2020A, in the
approximate principal amount of $3,000,000 (the “Bonds”), pursuant to Minnesota Statutes,
Section 475.58, subdivision 3b. The proceeds of the Bonds will be used, together with any
additional funds of the City which might be required, to finance the cost of certain street
reconstruction projects (the “Projects”), described in the 5-Year Street Reconstruction Plan
adopted by this Council, following a public hearing, on March 10, 2020. A petition requesting a
vote on the question of issuing the Bonds, signed by voters equal to five percent of the votes cast
in the last municipal general election, was not filed with the City within 30 days of the public
hearing. Accordingly, the issuance of the Bonds is authorized without an election.
1.02. Sale. The City has retained Ehlers and Associates, Inc. (“Ehlers”) as independent
municipal advisor in connection with the sale of the Bonds. Pursuant to Minnesota Statutes,
Section 475.60, subdivision 2, paragraph 9, the requirements as to a public sale do not apply to the
issuance of the Bonds. Pursuant to the Preliminary Official Statement and Terms of Proposal
prepared on behalf of the City by Ehlers, proposals for the purchase of the Bonds were received at
or before the time specified for receipt of proposals. The proposals have been opened, publicly
read and considered and the purchase price, interest rates and net interest cost under the terms of
each proposal have been determined. The most favorable proposal received is that of [Purchaser]
of [City], [State] (the “Purchaser”). It is hereby determined to issue the Bonds at a purchase price
of $[_________] (representing the principal amount of $[PAR], [plus/minus] an original issue
[premium/discount] of $[________] less an underwriter’s discount of $[______]) plus accrued
interest, if any, and upon the further terms and conditions set forth herein.
1.03. Award. The sale of the Bonds is hereby awarded to the Purchaser, and the Mayor
and City Manager are hereby authorized and directed to execute a contract on behalf of the City
for the sale of the Bonds in accordance with the Terms of Proposal. The good faith deposit of the
Purchaser shall be retained and deposited by the City until the Bonds have been delivered, and
shall be deducted from the purchase price paid at settlement.
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4852-6958-9943\3 2
SECTION 2. BOND TERMS; REGISTRATION; EXECUTION AND DELIVERY.
2.01. Issuance of Bonds. All acts, conditions and things which are required by the
Constitution and laws of the State of Minnesota to be done, to exist, to happen and to be performed
precedent to and in the valid issuance of the Bonds having been done, now existing, having
happened and having been performed, it is now necessary for the Council to establish the form and
terms of the Bonds, to provide security therefor and to issue the Bonds forthwith.
2.02. Maturities; Interest Rates; Denominations and Payment. The Bonds shall be
originally dated as of May 19, 2020, shall be in the denomination of $5,000 each, or any integral
multiple thereof, of single maturities, shall mature on February 1 in the years and amounts stated
below, and shall bear interest from date of issue until paid or duly called for redemption at the
annual rates set forth opposite such years and amounts, as follows:
Year Amount Rate Year Amount Rate
2022 2030
2023 2031
2024 2032
2025 2033
2026 2034
2027 2035
2028 2036
2029
[REVISE MATURITY SCHEDULE FOR ANY TERM BONDS]
The Bonds shall be issuable only in fully registered form. The interest on and, upon surrender of
each Bond, the principal amount thereof, shall be payable by check or draft issued by the Registrar
described herein, provided that, so long as the Bonds are registered in the name of a securities
depository, or a nominee thereof, in accordance with Section 2.08 hereof, principal and interest
shall be payable in accordance with the operational arrangements of the securities depository.
2.03. Dates and Interest Payment Dates. Upon initial delivery of the Bonds pursuant to
Section 2.07 and upon any subsequent transfer or exchange pursuant to Section 2.06, the date of
authentication shall be noted on each Bond so delivered, exchanged or transferred. Interest on the
Bonds shall be payable on February 1 and August 1 in each year, commencing February 1, 2021,
each such date being referred to herein as an Interest Payment Date, to the persons in whose names
the Bonds are registered on the Bond Register, as hereinafter defined, at the Registrar’s close of
business on the fifteenth day of the calendar month next preceding such Interest Payment Date,
whether or not such day is a business day. Interest shall be computed on the basis of a 360-day
year composed of twelve 30-day months.
2.04. Redemption. Bonds maturing in 2030 and later years shall be subject to redemption
and prepayment at the option of the City, in whole or in part, in such order as the City shall
determine and within a maturity by lot as selected by the Registrar (or, if applicable, by the bond
depository in accordance with its customary procedures) in multiples of $5,000, on
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4852-6958-9943\3 3
February 1, 2029, and on any date thereafter, at a price equal to the principal amount thereof and
accrued interest to the date of redemption. The City Manager shall cause notice of the call for
redemption thereof to be published if and as required by law and, at least thirty days prior to the
designated redemption date, shall cause notice of the call for redemption to be mailed, by first
class mail, to the registered owners of any Bonds to be redeemed at their addresses as they appear
on the bond register described in Section 2.06 hereof but no defect in or failure to give such mailed
notice of redemption shall affect the validity of proceedings for the redemption of any Bond not
affected by such defect or failure; provided that notice shall be given to any securities depository
in accordance with its operational arrangements. Official notice of redemption having been given
as aforesaid, the Bonds or portions of Bonds so to be redeemed shall, on the redemption date,
become due and payable at the redemption price therein specified, and from and after such date
(unless the City shall default in the payment of the redemption price) such Bonds or portions of
Bonds shall cease to bear interest. Upon partial redemption of any Bond, a new Bond or Bonds
will be delivered to the registered owner without charge, representing the remaining principal
amount outstanding.
[TO BE COMPLETED IF THERE ARE TERM BONDS]
[Bonds maturing on February 1, 20____ and 20____ (the “Term Bonds”) shall be subject
to mandatory redemption prior to maturity pursuant to the sinking fund requirements of this
Section 2.04 at a redemption price equal to the stated principal amount thereof plus interest accrued
thereon to the redemption date, without premium. The Registrar shall select for redemption, by
lot or other manner deemed fair, on February 1 in each of the following years the following stated
principal amounts of such Bonds:
Year Principal Amount
*
*Final Maturity
Year Principal Amount
*
*Final Maturity
[or, if less than such amount of Term Bonds is outstanding on any such Sinking Fund Payment
Date, an amount equal to the aggregate principal amount of all Term Bonds then Outstanding. If
Term Bonds are redeemed at the option of the City pursuant to this section, the Term Bonds so
optionally redeemed may, at the option of the City, be applied as a credit against any subsequent
mandatory sinking fund payment with respect to Term Bonds otherwise to be redeemed thereby,
such credit to be equal to the principal amount of such Term Bonds redeemed pursuant to this
section, provided that the City shall have delivered to the Registrar not less than forty-five (45)
17
4852-6958-9943\3 4
days before such Sinking Fund Payment Date a written statement of its election to apply such Term
Bonds as such a credit. In such case, the Registrar shall reduce the amount of Term Bonds to be
redeemed on the Sinking Fund Payment Date specified in such written statement by the principal
amount of Term Bonds so redeemed pursuant to this section.
Notice of redemption shall be given as provided in the preceding paragraph.]
2.05. Appointment of Initial Registrar. The City hereby appoints Bond Trust Services
Corporation, Roseville, Minnesota, as the initial bond registrar, transfer agent and paying agent
(the “Registrar”). The Mayor and the City Manager are authorized to execute and deliver, on
behalf of the City, a contract with the Registrar. Upon merger or consolidation of the Registrar
with another corporation, if the resulting corporation is a bank or trust company authorized by law
to conduct such business, such corporation shall be authorized to act as successor Registrar. The
City agrees to pay the reasonable and customary charges of the Registrar for the services
performed. The City reserves the right to remove the Registrar upon thirty days’ notice and upon
the appointment of a successor Registrar, in which event the predecessor Registrar shall deliver all
cash and Bonds in its possession to the successor Registrar and shall deliver the bond register to
the successor Registrar.
2.06. Registration. The effect of registration and the rights and duties of the City and the
Registrar with respect thereto shall be as follows:
(a) Register. The Registrar shall keep at its principal corporate trust office a
bond register in which the Registrar shall provide for the registration of ownership of
Bonds and the registration of transfers and exchanges of Bonds entitled to be registered,
transferred or exchanged.
(b) Transfer of Bonds. Upon surrender for transfer of any Bond duly endorsed
by the registered owner thereof or accompanied by a written instrument of transfer, in form
satisfactory to the Registrar, duly executed by the registered owner thereof or by an
attorney duly authorized by the registered owner in writing, the Registrar shall authenticate
and deliver, in the name of the designated transferee or transferees, one or more new Bonds
of a like aggregate principal amount and maturity, as requested by the transferor. The
Registrar may, however, close the books for registration of any transfer after the fifteenth
day of the month preceding each interest payment date and until such interest payment
date.
(c) Exchange of Bonds. Whenever any Bonds are surrendered by the registered
owner for exchange the Registrar shall authenticate and deliver one or more new Bonds of
a like aggregate principal amount and maturity, as requested by the registered owner or the
owner’s attorney in writing.
(d) Cancellation. All Bonds surrendered upon any transfer or exchange shall
be promptly canceled by the Registrar and thereafter disposed of as directed by the City.
(e) Improper or Unauthorized Transfer. When any Bond is presented to the
Registrar for transfer, the Registrar may refuse to transfer the same until it is satisfied that
the endorsement on such Bond or separate instrument of transfer is valid and genuine and
18
4852-6958-9943\3 5
that the requested transfer is legally authorized. The Registrar shall incur no liability for
the refusal, in good faith, to make transfers which it, in its judgment, deems improper or
unauthorized.
(f) Persons Deemed Owners. The City and the Registrar may treat the person
in whose name any Bond is at any time registered in the bond register as the absolute owner
of such Bond, whether such Bond shall be overdue or not, for the purpose of receiving
payment of, or on account of, the principal of and interest on such Bond and for all other
purposes, and all such payments so made to any such registered owner or upon the owner’s
order shall be valid and effectual to satisfy and discharge the liability upon such Bond to
the extent of the sum or sums so paid.
(g) Taxes, Fees and Charges. For every transfer or exchange of Bonds, the
Registrar may impose a charge upon the owner thereof sufficient to reimburse the Registrar
for any tax, fee or other governmental charge required to be paid with respect to such
transfer or exchange.
(h) Mutilated, Lost, Stolen or Destroyed Bonds. In case any Bond shall become
mutilated or be destroyed, stolen or lost, the Registrar shall deliver a new Bond of like
amount, number, maturity date and tenor in exchange and substitution for and upon
cancellation of any such mutilated Bond or in lieu of and in substitution for any such Bond
destroyed, stolen or lost, upon the payment of the reasonable expenses and charges of the
Registrar in connection therewith; and, in the case of a Bond destroyed, stolen or lost, upon
filing with the Registrar of evidence satisfactory to it that such Bond was destroyed, stolen
or lost, and of the ownership thereof, and upon furnishing to the Registrar of an appropriate
bond or indemnity in form, substance and amount satisfactory to it, in which both the City
and the Registrar shall be named as obligees. All Bonds so surrendered to the Registrar
shall be canceled by it and evidence of such cancellation shall be given to the City. If the
mutilated, destroyed, stolen or lost Bond has already matured or been called for redemption
in accordance with its terms it shall not be necessary to issue a new Bond prior to payment.
(i) Authenticating Agent. The Registrar is hereby designated authenticating
agent for the Bonds, within the meaning of Minnesota Statutes, Section 475.55,
Subdivision 1, as amended.
(j) Valid Obligations. All Bonds issued upon any transfer or exchange of
Bonds shall be the valid obligations of the City, evidencing the same debt, and entitled to
the same benefits under this Resolution as the Bonds surrendered upon such transfer or
exchange.
2.07. Execution, Authentication and Delivery. The Bonds shall be prepared under the
direction of the City Manager and shall be executed on behalf of the City by the signatures of the
Mayor and the City Manager, provided that all signatures may be printed, engraved or lithographed
facsimiles of the originals. In case any officer whose signature or a facsimile of whose signature
shall appear on the Bonds shall cease to be such officer before the delivery of any Bond, such
signature or facsimile shall nevertheless be valid and sufficient for all purposes, the same as if he
or she had remained in office until delivery. Notwithstanding such execution, no Bond shall be
19
4852-6958-9943\3 6
valid or obligatory for any purpose or entitled to any security or benefit under this Resolution
unless and until a certificate of authentication on such Bond has been duly executed by the manual
signature of an authorized representative of the Registrar. Certificates of authentication on
different Bonds need not be signed by the same representative. The executed certificate of
authentication on each Bond shall be conclusive evidence that it has been authenticated and
delivered under this Resolution. When the Bonds have been so prepared, executed and
authenticated, the City Manager shall deliver them to the Purchaser upon payment of the purchase
price in accordance with the contract of sale heretofore made and executed, and the Purchaser shall
not be obligated to see to the application of the purchase price.
2.08. Securities Depository. (a) For purposes of this section the following terms shall
have the following meanings:
“Beneficial Owner” shall mean, whenever used with respect to a Bond, the person in whose
name such Bond is recorded as the beneficial owner of such Bond by a Participant on the records
of such Participant, or such person’s subrogee.
“Cede & Co.” shall mean Cede & Co., the nominee of DTC, and any successor nominee
of DTC with respect to the Bonds.
“DTC” shall mean The Depository Trust Company of New York, New York.
“Participant” shall mean any broker-dealer, bank or other financial institution for which
DTC holds Bonds as securities depository.
“Representation Letter” shall mean the Representation Letter pursuant to which the sender
agrees to comply with DTC’s Operational Arrangements.
(b) The Bonds shall be initially issued as separately authenticated fully registered
bonds, and one Bond shall be issued in the principal amount of each stated maturity of the Bonds.
Upon initial issuance, the ownership of such Bonds shall be registered in the bond register in the
name of Cede & Co., as nominee of DTC. The Registrar and the City may treat DTC (or its
nominee) as the sole and exclusive owner of the Bonds registered in its name for the purposes of
payment of the principal of or interest on the Bonds, selecting the Bonds or portions thereof to be
redeemed, if any, giving any notice permitted or required to be given to registered owners of Bonds
under this resolution, registering the transfer of Bonds, and for all other purposes whatsoever; and
neither the Registrar nor the City shall be affected by any notice to the contrary. Neither the
Registrar nor the City shall have any responsibility or obligation to any Participant, any person
claiming a beneficial ownership interest in the Bonds under or through DTC or any Participant, or
any other person which is not shown on the bond register as being a registered owner of any Bonds,
with respect to the accuracy of any records maintained by DTC or any Participant, with respect to
the payment by DTC or any Participant of any amount with respect to the principal of or interest
on the Bonds, with respect to any notice which is permitted or required to be given to owners of
Bonds under this resolution, with respect to the selection by DTC or any Participant of any person
to receive payment in the event of a partial redemption of the Bonds, or with respect to any consent
given or other action taken by DTC as registered owner of the Bonds. So long as any Bond is
registered in the name of Cede & Co., as nominee of DTC, the Registrar shall pay all principal of
20
4852-6958-9943\3 7
and interest on such Bond, and shall give all notices with respect to such Bond, only to Cede &
Co. in accordance with DTC’s Operational Arrangements, and all such payments shall be valid
and effective to fully satisfy and discharge the City’s obligations with respect to the principal of
and interest on the Bonds to the extent of the sum or sums so paid. No person other than DTC
shall receive an authenticated Bond for each separate stated maturity evidencing the obligation of
the City to make payments of principal and interest. Upon delivery by DTC to the Registrar of
written notice to the effect that DTC has determined to substitute a new nominee in place of Cede
& Co., the Bonds will be transferable to such new nominee in accordance with paragraph (e)
hereof.
(c) In the event the City determines that it is in the best interest of the Beneficial
Owners that they be able to obtain Bonds in the form of bond certificates, the City may notify DTC
and the Registrar, whereupon DTC shall notify the Participants of the availability through DTC of
Bonds in the form of certificates. In such event, the Bonds will be transferable in accordance with
paragraph (e) hereof. DTC may determine to discontinue providing its services with respect to the
Bonds at any time by giving notice to the City and the Registrar and discharging its responsibilities
with respect thereto under applicable law. In such event the Bonds will be transferable in
accordance with paragraph (e) hereof.
(d) The execution and delivery of the Representation Letter to DTC, if not previously
filed with DTC, by the Mayor or City Manager is hereby authorized and directed.
(e) In the event that any transfer or exchange of Bonds is permitted under paragraph
(b) or (c) hereof, such transfer or exchange shall be accomplished upon receipt by the Registrar of
the Bonds to be transferred or exchanged and appropriate instruments of transfer to the permitted
transferee in accordance with the provisions of this resolution. In the event Bonds in the form of
certificates are issued to owners other than Cede & Co., its successor as nominee for DTC as owner
of all the Bonds, or another securities depository as owner of all the Bonds, the provisions of this
resolution shall also apply to all matters relating thereto, including, without limitation, the printing
of such Bonds in the form of bond certificates and the method of payment of principal of and
interest on such Bonds in the form of bond certificates.
2.09. Form of Bonds. The Bonds shall be printed in substantially the form attached as
Exhibit A hereto.
SECTION 3. GENERAL OBLIGATION STREET RECONSTRUCTION BONDS, SERIES
2020A CONSTRUCTION FUND. There is hereby established on the official books and records
of the City a General Obligation Street Reconstruction Bonds, Series 2020A Construction Fund
(the “Construction Fund”). The City Manager shall maintain the Construction Fund until payment
of all costs and expenses incurred in connection with the construction of the Projects have been
paid. To the Construction Fund there shall be credited from the proceeds of the Bonds an amount
equal to $[_______]. From the Construction Fund there shall be paid all construction costs and
expenses incurred by the City in construction of the Projects ($_______) and costs of issuance of
the Bonds ($________). After payment of all construction costs and costs of issuance of the
Bonds, the Construction Fund shall be discontinued and any Bond proceeds remaining therein
received shall be credited to the Bond Fund described in Section 4.01 hereof.
21
4852-6958-9943\3 8
SECTION 4. GENERAL OBLIGATION STREET RECONSTRUCTION BONDS, SERIES
2020A BOND FUND; PLEDGE OF TAXING POWER.
4.01. General Obligation Street Reconstruction Bonds, Series 2020A Bond Fund. So long
as any of the Bonds are outstanding and any principal of or interest thereon unpaid, the City
Manager shall maintain a separate debt service fund on the official books and records of the City
to be known as the General Obligation Street Reconstruction Bonds, Series 2020A Bond Fund (the
“Bond Fund”), and the principal of and interest on the Bonds shall be payable from the Bond Fund.
The City irrevocably appropriates to the Bond Fund [(i) the amount of $[_______] received from
the Purchaser]; (ii) the amounts specified in Section 3 above, after payment of all costs of the
Projects; (iii) all taxes levied and collected in accordance with this resolution; and (iv) all other
moneys as shall be appropriated by the Council to the Bond Fund from time to time.
There are hereby established two accounts in the Bond Fund, designated as the “Debt
Service Account” and the “Surplus Account.” As set forth in the previous paragraph, there shall
initially be deposited into the Debt Service Account upon the issuance of the Bonds the amount of
$[_____]. Thereafter, during each bond year (each twelve month period commencing on February
2 and ending on the following February 1, a “Bond Year”), as monies are received into the Bond
Fund, the City Manager shall first deposit such monies into the applicable subaccount within the
Debt Service Account until an amount has been appropriated thereto sufficient to pay all principal
and interest due on the Bonds through the end of the Bond Year. All subsequent monies received
in the Bond Fund during the Bond Year shall be appropriated to the Surplus Account.
If the balance in the Bond Fund is at any time insufficient to pay all interest and principal
then due on all Bonds payable therefrom, the payment shall be made from any fund of the City
which is available for that purpose, subject to reimbursement from the Surplus Account when the
balance therein is sufficient, and the City covenants and agrees that it will each year levy a
sufficient amount of ad valorem taxes to take care of any accumulated or anticipated deficiency,
which levy is not subject to any constitutional or statutory limitation.
4.02. Pledge of Taxing Powers. For the prompt and full payment of the principal of and
interest on the Bonds as such payments respectively become due, the full faith, credit and unlimited
taxing powers of the City shall be and are hereby irrevocably pledged. In order to produce
aggregate amounts not less than 5% in excess of amounts needed to meet when due the principal
and interest payments on the Bonds, ad valorem taxes are hereby levied on all taxable property in
the City. The taxes will be levied and collected in the following years and amounts:
Levy Years Collection Years Amount
See attached levy computation
Said taxes shall be irrepealable as long as any of the Bonds are outstanding and unpaid, provided
that the City reserves the right and power to reduce said levies from other legally available funds
in accordance with the provisions of Minnesota Statutes, Section 475.61.
SECTION 5. BOND FUND BALANCE RESTRICTION. In order to ensure compliance with the
Internal Revenue Code of 1986, as amended (the “Code”), and applicable Treasury Regulations
22
4852-6958-9943\3 9
thereunder (the “Regulations”), upon allocation of any funds to the Bond Fund, the balance then
on hand in the Bond Fund shall be ascertained. If it exceeds the amount of principal and interest
on the Bonds to become due and payable through February 1 next following, plus a reasonable
carryover equal to 1/12th of the debt service due in the following bond year, the excess shall (unless
an opinion is otherwise received from bond counsel) be used to prepay the Bonds, or invested at a
yield which does not exceed the yield on the Bonds calculated in accordance with Section 148 of
the Code.
SECTION 6. DEFEASANCE. When all of the Bonds have been discharged as provided in this
section, all pledges, covenants and other rights granted by this resolution to the registered owners
of the Bonds shall cease. The City may discharge its obligations with respect to any Bonds which
are due on any date by irrevocably depositing with the Registrar on or before that date a sum
sufficient for the payment thereof in full, or, if any Bond should not be paid when due, it may
nevertheless be discharged by depositing with the Registrar a sum sufficient for the payment
thereof in full with interest accrued from the due date to the date of such deposit. The City may
also discharge its obligations with respect to any prepayable Bonds called for redemption on any
date when they are prepayable according to their terms by depositing with the Registrar on or
before that date an amount equal to the principal, redemption premium, if any, and interest then
due, provided that notice of such redemption has been duly given as provided herein. The City
may also at any time discharge its obligations with respect to any Bonds, subject to the provisions
of law now or hereafter authorizing and regulating such action, by depositing irrevocably in
escrow, with the Registrar or with a bank or trust company qualified by law to act as an escrow
agent for this purpose, cash or securities which are authorized by law to be so deposited for such
purpose, bearing interest payable at such times and at such rates and maturing or callable at the
holder’s option on such dates as shall be required to pay all principal and interest to become due
thereon to maturity or, if notice of redemption as herein required has been irrevocably provided
for, to an earlier designated redemption date, provided, however, that if such deposit is made more
than ninety days before the maturity date or specified redemption date of the Bonds to be
discharged, the City shall have received a written opinion of Bond Counsel to the effect that such
deposit does not adversely affect the exemption of interest on any Bonds from federal income
taxation and a written report of an accountant or investment banking firm verifying that the deposit
is sufficient to pay when due all of the principal and interest on the Bonds to be discharged on and
before their maturity dates or earlier designated redemption date.
SECTION 7. CERTIFICATION OF PROCEEDINGS.
7.01. Registration of Bonds. The City Manager is hereby authorized and directed to file a
certified copy of this resolution with the County Auditors of Hennepin and Ramsey Counties,
together with such additional information as is required, and to obtain a certificate that the Bonds
and the taxes levied pursuant hereto have been duly entered upon the County Auditor’s Bond
register.
7.02. Authentication of Transcript. The officers of the City and the City Manager are
hereby authorized and directed to prepare and furnish to the Purchaser and to Dorsey & Whitney
LLP, Bond Counsel, certified copies of all proceedings and records relating to the Bonds and such
other affidavits, certificates and information as may be required to show the facts relating to the
legality and marketability of the Bonds, as the same appear from the books and records in their
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4852-6958-9943\3 10
custody and control or as otherwise known to them, and all such certified copies, affidavits and
certificates, including any heretofore furnished, shall be deemed representations of the City as to
the correctness of all statements contained therein.
7.03. Official Statement. The Preliminary Official Statement relating to the Bonds, dated
as of [_______] [__], 2020, prepared and distributed by Ehlers, is hereby approved. Ehlers, is
hereby authorized on behalf of the City to prepare and distribute to the Purchaser within seven
business days from the date hereof, a Final Official Statement listing the offering price, the interest
rates, selling compensation, delivery date, the underwriters and such other information relating to
the Bonds required to be included in the Official Statement by Rule l5c2-12 adopted by the
Securities and Exchange Commission under the Securities Exchange Act of 1934. The officers of
the City are hereby authorized and directed to execute such certificates as may be appropriate
concerning the accuracy, completeness and sufficiency of the Official Statement.
7.04. Authorization of Payment of Certain Costs of Issuance of the Bonds. The City
authorizes the Purchaser to forward the amount of Bond proceeds allocable to the payment of
issuance expenses to Old National Bank on the closing date for further distribution as directed by
Ehlers.
SECTION 8. TAX COVENANTS; ARBITRAGE MATTERS AND CONTINUING
DISCLOSURE.
8.01. General Tax Covenant. The City covenants and agrees with the registered owners
of the Bonds that it will not take or permit to be taken by any of its officers, employees or agents
any actions that would cause interest on the Bonds to become includable in the gross income of
the recipient under the Internal Revenue Code of 1986, as amended (the “Code”) and applicable
Treasury Regulations (the “Regulations”), and covenants to take any and all actions within its
powers to ensure that the interest on the Bonds will not become includable in gross income of the
recipient under the Code and the Regulations. In particular, the City covenants and agrees that all
proceeds of the Bonds deposited in the Construction Fund will be expended solely for the payment
of the costs of the Projects. All improvements so financed will be owned and maintained by the
City as part of the public infrastructure of the City and available for use by members of the general
public on a substantially equal basis. The City has not entered and will not enter into any lease,
management, use or other agreement or contract relating to the use of the Projects, or any portion
thereof, or security for the payment of the Bonds which might cause the Bonds to be considered
“private activity bonds” or “private loan bonds” pursuant to Section 141 of the Code.
8.02. Arbitrage Certification. The Mayor and City Manager, being the officers of the City
charged with the responsibility for issuing the Bonds pursuant to this resolution, are authorized
and directed to execute and deliver to the Purchaser a certificate in accordance with Section 148
of the Code and applicable Regulations stating the facts, estimates and circumstances in existence
on the date of issue and delivery of the Bonds which make it reasonable to expect that the proceeds
of the Bonds will not be used in a manner that would cause the Bonds to be “arbitrage bonds”
within the meaning of the Code and Regulations.
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4852-6958-9943\3 11
8.03. Arbitrage Rebate. (a) It is hereby found that the City has general taxing powers,
that no Bond is a “private activity bond” within the meaning of Section 141 of the Code, that 95%
or more of the net proceeds of the Bonds are to be used for local governmental activities of the
City, and that the aggregate face amount of all tax-exempt obligations (other than private activity
bonds) issued by the City and all subordinate entities thereof during the year 2020 is not reasonably
expected to exceed $5,000,000. Therefore, pursuant to the provisions of Section 148(f)(4)(D) of
the Code, the City shall not be required to comply with the arbitrage rebate requirements of
paragraphs (2) and (3) of Section 148(f) of the Code.
(b) Notwithstanding the provisions of paragraph (a) of this Section 8.03, if the arbitrage
rebate provisions of Section 148(f) of the Code applies to the Bonds, the City hereby covenants
and agrees to make the determinations, retain records and rebate to the United States the amounts
at the times and in the manner required by said Section 148(f) and applicable Regulations.
8.04. Qualified Tax-Exempt Obligations. The Council hereby designates the Bonds as
“qualified tax-exempt obligations” for purposes of Section 265(b)(3) of the Code relating to the
disallowance of interest expense for financial institutions, and hereby finds that the reasonably
anticipated amount of tax-exempt obligations which are not private activity bonds (not treating
qualified 501(c)(3) bonds under Section 145 of the Code as private activity bonds for the purpose
of this representation) which will be issued by the City and all subordinate entities during calendar
year 2020 does not exceed $10,000,000.
8.05. Reimbursement. The City certifies that the proceeds of the Bonds will not be used
by the City to reimburse itself for any expenditure with respect to the Projects which the City paid
or will have paid more than 60 days prior to the issuance of the Bonds unless, with respect to such
prior expenditures, the City shall have made a declaration of official intent which complies with
the provisions of Section 1.150-2 of the Regulations, provided that this certification shall not apply
or be required with respect to (i) certain de minimis expenditures, if any, with respect to the
Projects meeting the requirements of Section 1.150-2(f)(1) of the Regulations, or (ii) “preliminary
expenditures” for the Projects as defined in Section 1.150-2(f)(2) of the Regulations, including
engineering or architectural expenses and similar preparatory expenses, which in the aggregate do
not exceed 20% of the “issue price” of the Bonds.
8.06. Continuing Disclosure. (a) Purpose and Beneficiaries. To provide for the public
availability of certain information relating to the Bonds and the security therefor and to permit the
Purchaser and other participating underwriters in the primary offering of the Bonds to comply with
amendments to Rule 15c2-12 promulgated by the SEC under the Securities Exchange Act of 1934
(17 C.F.R. § 240.15c2-12), relating to continuing disclosure (as in effect and interpreted from time
to time, the Rule), which will enhance the marketability of the Bonds, the City hereby makes the
following covenants and agreements for the benefit of the Owners (as hereinafter defined) from
time to time of the Outstanding Bonds. The City is the only obligated person in respect of the
Bonds within the meaning of the Rule for purposes of identifying the entities in respect of which
continuing disclosure must be made. If the City fails to comply with any provisions of this section,
any person aggrieved thereby, including the Owners of any Outstanding Bonds, may take whatever
action at law or in equity may appear necessary or appropriate to enforce performance and
observance of any agreement or covenant contained in this section, including an action for a writ
of mandamus or specific performance. Direct, indirect, consequential and punitive damages shall
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not be recoverable for any default hereunder to the extent permitted by law. Notwithstanding
anything to the contrary contained herein, in no event shall a default under this section constitute
a default under the Bonds or under any other provision of this resolution. As used in this section,
Owner or Bondowner means, in respect of a Bond, the registered owner or owners thereof
appearing in the bond register maintained by the Registrar or any Beneficial Owner (as hereinafter
defined) thereof, if such Beneficial Owner provides to the Registrar evidence of such beneficial
ownership in form and substance reasonably satisfactory to the Registrar. As used herein,
Beneficial Owner means, in respect of a Bond, any person or entity which (i) has the power,
directly or indirectly, to vote or consent with respect to, or to dispose of ownership of, such Bond
(including persons or entities holding Bonds through nominees, depositories or other
intermediaries), or (ii) is treated as the owner of the Bond for federal income tax purposes.
(b) Information To Be Disclosed. The City will provide, in the manner set forth in subsection (c)
hereof, either directly or indirectly through an agent designated by the City, the following
information at the following times:
(1) on or before twelve (12) months after the end of each fiscal year of the City,
commencing with the fiscal year ending December 31, 2019, the following
financial information and operating data in respect of the City (the “Disclosure
Information”):
(A) the audited financial statements of the City for such fiscal year, prepared in
accordance with the governmental accounting standards promulgated by the
Governmental Accounting Standards Board or as otherwise provided under
Minnesota law, as in effect from time to time, or, if and to the extent such
financial statements have not been prepared in accordance with such
generally accepted accounting principles for reasons beyond the reasonable
control of the City, noting the discrepancies therefrom and the effect
thereof, and certified as to accuracy and completeness in all material
respects by the fiscal officer of the City; and
(B) to the extent not included in the financial statements referred to in paragraph
(A) hereof, the information for such fiscal year or for the period most
recently available of the type contained in the Official Statement under
headings: “Valuations – Current Property Valuations,” “Debt – Direct
Debt,” “Tax Levies and Collections,” “General Information – US Census
Data-Population Trend” and “- Employment/Unemployment Data.”
Notwithstanding the foregoing paragraph, if the audited financial statements are not available by
the date specified, the City shall provide on or before such date unaudited financial statements in
the format required for the audited financial statements as part of the Disclosure Information and,
within 10 days after the receipt thereof, the City shall provide the audited financial statements.
Any or all of the Disclosure Information may be incorporated by reference, if it is updated as
required hereby, from other documents, including official statements, which have been submitted
to the Municipal Securities Rulemaking Board (“MSRB”) through its Electronic Municipal Market
Access System (“EMMA”) or to the SEC. The City shall clearly identify in the Disclosure
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4852-6958-9943\3 13
Information each document so incorporated by reference. If any part of the Disclosure Information
can no longer be generated because the operations of the City have materially changed or been
discontinued, such Disclosure Information need no longer be provided if the City includes in the
Disclosure Information a statement to such effect; provided, however, if such operations have been
replaced by other City operations in respect of which data is not included in the Disclosure
Information and the City determines that certain specified data regarding such replacement
operations would be a Material Fact (as defined in paragraph (2) hereof), then, from and after such
determination, the Disclosure Information shall include such additional specified data regarding
the replacement operations. If the Disclosure Information is changed or this section is amended
as permitted by this paragraph (b)(1) or subsection (d), then the City shall include in the next
Disclosure Information to be delivered hereunder, to the extent necessary, an explanation of the
reasons for the amendment and the effect of any change in the type of financial information or
operating data provided.
(2) In a timely manner not in excess of ten business days after the occurrence of the
event, notice of the occurrence of any of the following events (each a “Material
Fact”):
(A) Principal and interest payment delinquencies;
(B) Non-payment related defaults, if material;
(C) Unscheduled draws on debt service reserves reflecting financial difficulties;
(D) Unscheduled draws on credit enhancements reflecting financial difficulties;
(E) Substitution of credit or liquidity providers, or their failure to perform;
(F) Adverse tax opinions, the issuance by the Internal Revenue Service of
proposed or final determinations of taxability, Notices of Proposed Issue
(IRS Form 5701-TEB) or other material notices or determinations with
respect to the tax status of the security, or other material events affecting
the tax status of the security;
(G) Modifications to rights of security holders, if material;
(H) Bond calls, if material, and tender offers;
(I) Defeasances;
(J) Release, substitution, or sale of property securing repayment of the
securities, if material;
(K) Rating changes;
(L) Bankruptcy, insolvency, receivership or similar event of the obligated
person;
(M) The consummation of a merger, consolidation, or acquisition involving an
obligated person or the sale of all or substantially all of the assets of the
obligated person, other than in the ordinary course of business, the entry
into a definitive agreement to undertake such an action or the termination
of a definitive agreement relating to any such actions, other than pursuant
to its terms, if material; and
(N) Appointment of a successor or additional trustee or the change of name of
a trustee, if material;
(O) Incurrence of a financial obligation of the obligated person, if material, or
agreement to covenants, events of default, remedies, priority rights, or other
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4852-6958-9943\3 14
similar terms of a financial obligation of the obligated person, any of which
affect security holders, if material; and
(P) Default, event of acceleration, termination event, modification of terms, or
other similar events under the terms of a financial obligation of the obligated
person, any of which reflect financial difficulties.
For purposes of the events identified in paragraphs (O) and (P) above, the term “financial
obligation” means (i) a debt obligation; (ii) a derivative instrument entered into in connection with,
or pledged as security or a source of payment for, an existing or planned debt obligation; or (iii) a
guarantee of (i) or (ii). The term “financial obligation” shall not include municipal securities as to
which a final official statement has been provided to the MSRB consistent with the Rule.
As used herein, for those events that must be reported if material, an event is “material” if it is an
event as to which a substantial likelihood exists that a reasonably prudent investor would attach
importance thereto in deciding to buy, hold or sell a Bond or, if not disclosed, would significantly
alter the total information otherwise available to an investor from the Official Statement,
information disclosed hereunder or information generally available to the public. Notwithstanding
the foregoing sentence, an event is also “material” if it is an event that would be deemed material
for purposes of the purchase, holding or sale of a Bond within the meaning of applicable federal
securities laws, as interpreted at the time of discovery of the occurrence of the event.
For the purposes of the event identified in (L) hereinabove, the event is considered to occur when
any of the following occur: the appointment of a receiver, fiscal agent or similar officer for an
obligated person in a proceeding under the U.S. Bankruptcy Code or in any other proceeding under
state or federal law in which a court or governmental authority has assumed jurisdiction over
substantially all of the assets or business of the obligated person, or if such jurisdiction has been
assumed by leaving the existing governing body and officials or officers in possession but subject
to the supervision and orders of a court or governmental authority, or the entry of an order
confirming a plan of reorganization, arrangement or liquidation by a court or governmental
authority having supervision or jurisdiction over substantially all of the assets or business of the
obligated person.
(3) In a timely manner, notice of the occurrence of any of the following events or
conditions:
(A) the failure of the City to provide the Disclosure Information required under
paragraph (b)(1) at the time specified thereunder;
(B) the amendment or supplementing of this section pursuant to subsection (d),
together with a copy of such amendment or supplement and any explanation
provided by the City under subsection (d)(2);
(C) the termination of the obligations of the City under this section pursuant to
subsection (d);
(D) any change in the accounting principles pursuant to which the financial
statements constituting a portion of the Disclosure Information are
prepared; and
(E) any change in the fiscal year of the City.
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(c) Manner of Disclosure.
(1) The City agrees to make available to the MSRB through EMMA, in an electronic
format as prescribed by the MSRB, the information described in subsection (b).
(2) All documents provided to the MSRB pursuant to this subsection (c) shall be
accompanied by identifying information as prescribed by the MSRB from time to
time.
(d) Term; Amendments; Interpretation.
(1) The covenants of the City in this section shall remain in effect so long as any Bonds
are Outstanding. Notwithstanding the preceding sentence, however, the obligations
of the City under this section shall terminate and be without further effect as of any
date on which the City delivers to the Registrar an opinion of Bond Counsel to the
effect that, because of legislative action or final judicial or administrative actions
or proceedings, the failure of the City to comply with the requirements of this
section will not cause participating underwriters in the primary offering of the
Bonds to be in violation of the Rule or other applicable requirements of the
Securities Exchange Act of 1934, as amended, or any statutes or laws successory
thereto or amendatory thereof.
(2) This section (and the form and requirements of the Disclosure Information) may be
amended or supplemented by the City from time to time, without notice to (except
as provided in paragraph (c)(3) hereof) or the consent of the Owners of any Bonds,
by a resolution of this Council filed in the office of the recording officer of the City
accompanied by an opinion of Bond Counsel, who may rely on certificates of the
City and others and the opinion may be subject to customary qualifications, to the
effect that: (i) such amendment or supplement (a) is made in connection with a
change in circumstances that arises from a change in law or regulation or a change
in the identity, nature or status of the City or the type of operations conducted by
the City, or (b) is required by, or better complies with, the provisions of paragraph
(b)(5) of the Rule; (ii) this section as so amended or supplemented would have
complied with the requirements of paragraph (b)(5) of the Rule at the time of the
primary offering of the Bonds, giving effect to any change in circumstances
applicable under clause (i)(a) and assuming that the Rule as in effect and interpreted
at the time of the amendment or supplement was in effect at the time of the primary
offering; and (iii) such amendment or supplement does not materially impair the
interests of the Bondowners under the Rule.
If the Disclosure Information is so amended, the City agrees to provide,
contemporaneously with the effectiveness of such amendment, an explanation of
the reasons for the amendment and the effect, if any, of the change in the type of
financial information or operating data being provided hereunder.
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(3) This section is entered into to comply with the continuing disclosure provisions of
the Rule and should be construed so as to satisfy the requirements of paragraph
(b)(5) of the Rule.
Adopted this ____ day of April, 2020.
Jerome O. Faust, Mayor
ATTEST:
City Clerk
Reviewed for administration:
Mark Casey, City Manager
30
4852-6958-9943\3
EXHIBIT A
FORM OF BOND
UNITED STATES OF AMERICA
STATE OF MINNESOTA
COUNTIES OF HENNEPIN AND RAMSEY
CITY OF ST. ANTHONY
GENERAL OBLIGATION STREET RECONSTRUCTION BOND, SERIES 2020A
R-___ $_________
Interest Rate Maturity Date Date of Original Issue CUSIP No.
__% February 1, 20__ May 19, 2020
REGISTERED OWNER: CEDE & CO.
PRINCIPAL AMOUNT: THOUSAND DOLLARS
THE CITY OF ST. ANTHONY, MINNESOTA (the “City”), acknowledges itself to be indebted
and for value received hereby promises to pay to the registered owner named above, or registered assigns,
the principal amount specified above on the maturity date specified above, and promises to pay interest
thereon from the date of original issue specified above or from the most recent Interest Payment Date (as
hereinafter defined) to which interest has been paid or duly provided for, at the annual interest rate specified
above, payable on February 1 and August 1 each year, commencing February 1, 2021 (each such date, an
Interest Payment Date), to the person in whose name this Bond is registered at the close of business on the
fifteenth day (whether or not a business day) of the immediately preceding calendar month, all subject to
the provisions referred to herein with respect to the redemption of the principal of this Bond before maturity.
Interest hereon shall be computed on the basis of a 360-day year composed of twelve 30-day months. The
interest hereon and, upon presentation and surrender hereof at the principal office of the agent of the
Registrar described below, the principal hereof are payable in lawful money of the United States of America
by check or draft drawn on Bond Trust Services Corporation, Roseville, Minnesota, as bond registrar,
transfer agent and paying agent, or its successor designated under the Resolution described herein (the
Registrar) or other agreed-upon means of payment by the Registrar. For the prompt and full payment of
such principal and interest as the same respectively become due, the full faith and credit and taxing powers
of the City have been and are hereby irrevocably pledged.
This Bond is one of an issue (the “Bonds”) in the aggregate principal amount of $[3,000,000],
issued pursuant to a resolution adopted by the City Council (the “Council”) on April 28, 2020 (the
“Resolution”), to provide funds to finance various street reconstruction projects pursuant to a street
reconstruction plan approved by the Council in accordance with Minnesota Statutes, Section 475.58,
subdivision 3b, and is issued pursuant to and in full conformity with the Constitution, laws of the State of
Minnesota thereunto enabling, including Minnesota Statutes, Chapter 475. The Bonds are issuable only in
fully registered form, in denominations of $5,000 or any integral multiple thereof, of single maturities.
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4852-6958-9943\3 3
Bonds having stated maturity dates in the years 2030 and thereafter are each subject to redemption
and prepayment, at the option of the City and in whole or in part and if in part, in the maturities selected by
the City and by lot, assigned in proportion to their principal amount, within any maturity, on February 1,
2029 and on any date thereafter, at a price equal to the principal amount thereof to be redeemed plus interest
accrued to the date of redemption.
[TO BE REVISED IF THERE ARE TERM BONDS]
[Bonds maturing in the years 20____ and 20____ shall be subject to mandatory redemption, at a
redemption price equal to their principal amount plus interest accrued thereon to the redemption date,
without premium, on February 1 in each of the years shown below, in an amount equal to the following
principal amounts:
Term Bonds Maturing in 20__ Term Bonds Maturing in 20__
Sinking Fund
Payment Date
Aggregate
Principal Amount
Sinking Fund
Payment Date
Aggregate
Principal Amount
(final maturity) (final maturity)
[or, if less than such amount of Term Bonds is outstanding on any such Sinking Fund Payment Date, an
amount equal to the aggregate principal amount of all Term Bonds then Outstanding. If Term Bonds are
redeemed at the option of the City pursuant to this section, the Term Bonds so optionally redeemed may, at
the option of the City, be applied as a credit against any subsequent mandatory sinking fund payment with
respect to Term Bonds otherwise to be redeemed thereby, such credit to be equal to the principal amount
of such Term Bonds redeemed pursuant to this section, provided that the City shall have delivered to the
Registrar not less than forty-five (45) days before such Sinking Fund Payment Date a written statement of
its election to apply such Term Bonds as such a credit. In such case, the Registrar shall reduce the amount
of Term Bonds to be redeemed on the Sinking Fund Payment Date specified in such written statement by
the principal amount of Term Bonds so redeemed pursuant to this section.
Notice of redemption shall be given as provided in the preceding paragraph.]
The Bonds have been designated as “qualified tax-exempt obligations” pursuant to Section 265(b)
of the Internal Revenue Code of 1986, as amended.
The City shall cause notice of the call for redemption to be published if and as required by law and,
at least thirty (30) and not more than sixty (60) days prior to the date specified for redemption, will cause
notice of the call thereof to be mailed, by first class mail (or, if applicable, provided in accordance with the
operational arrangements of the bond depository), to the registered owner of any Bond to be redeemed at
the owner’s address as it appears on the register maintained by the Registrar, but no defect in or failure to
give such mailed notice of redemption shall affect the validity of proceedings for the redemption of any
Bond not affected by such defect or failure. Official notice of redemption having been given as aforesaid,
the Bonds or portions of Bonds so to be redeemed shall, on the redemption date, become due and payable
at the redemption price therein specified, and from and after such date (unless the City shall default in the
payment of the redemption price) such Bonds or portions of Bonds shall cease to bear interest. Upon partial
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4852-6958-9943\3 4
redemption of any Bond, a new Bond or Bonds will be delivered to the registered owner without charge,
representing the remaining principal amount outstanding.
As provided in the Resolution and subject to certain limitations set forth therein, this Bond is
transferable upon the books of the City at the principal office of the Registrar, by the registered owner
hereof in person or by the owner’s attorney duly authorized in writing upon surrender hereof together with
a written instrument of transfer satisfactory to the Registrar, duly executed by the registered owner or the
owner’s attorney; and may also be surrendered in exchange for Bonds of other authorized denominations.
Upon such transfer or exchange the City will cause a new Bond or Bonds to be issued in the name of the
transferee or registered owner, of the same aggregate principal amount, bearing interest at the same rate
and maturing on the same date, subject to reimbursement for any tax, fee or governmental charge required
to be paid with respect to such transfer or exchange.
The City and the Registrar may deem and treat the person in whose name this Bond is registered
as the absolute owner hereof, whether this Bond is overdue or not, for the purpose of receiving payment
and for all other purposes, and neither the City nor the Registrar shall be affected by any notice to the
contrary.
Notwithstanding any other provisions of this Bond, so long as this Bond is registered in the name
of Cede & Co., as nominee of The Depository Trust Company, or in the name of any other nominee of The
Depository Trust Company or other securities depository, the Registrar shall pay all principal of and interest
on this Bond, and shall give all notices with respect to this Bond, only to Cede & Co. or other nominee in
accordance with the operational arrangements of The Depository Trust Company or other securities
depository as agreed to by the City.
IT IS HEREBY CERTIFIED, RECITED, COVENANTED AND AGREED that all acts, conditions
and things required by the Constitution and laws of the State of Minnesota to be done, to exist, to happen
and to be performed preliminary to and in the issuance of this Bond in order to make it a valid and binding
general obligation of the City in accordance with its terms, have been done, do exist, have happened and
have been performed as so required; that, prior to the issuance hereof, the City has established its General
Obligation Street Reconstruction Bonds, Series 2020A Bond Fund and has appropriated thereto ad valorem
taxes heretofore levied on all taxable property in the City, which taxes will be collectible for the years and
in amounts sufficient to produce sums not less than five percent in excess of the principal of and interest on
the Bonds when due; that if necessary for payment of such principal and interest, additional ad valorem
taxes are required to be levied upon all taxable property in the City, without limitation as to rate or amount;
that all proceedings relative to the improvements financed by this Bond have been or will be taken according
to law and that the issuance of this Bond, together with all other indebtedness of the City outstanding on
the date hereof and on the date of its actual issuance and delivery, does not cause the indebtedness of the
City to exceed any constitutional or statutory limitation of indebtedness.
This Bond shall not be valid or become obligatory for any purpose or be entitled to any security or
benefit under the Resolution until the Certificate of Authentication hereon shall have been executed by the
Registrar by manual signature of one of its authorized representatives.
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4852-6958-9943\3 5
IN WITNESS WHEREOF, the City of St. Anthony, Minnesota, by its City Council, has caused
this Bond to be executed on its behalf by the facsimile signatures of the Mayor and City Manager and has
caused this Bond to be dated as of the date set forth below.
CITY OF ST. ANTHONY, MINNESOTA
(facsimile signature - City Manager) (facsimile signature - Mayor)
_______________
CERTIFICATE OF AUTHENTICATION
This is one of the Bonds delivered pursuant to the Resolution mentioned within.
Date of Authentication: _________________
BOND TRUST SERVICES CORPORATION,
as Registrar
By
Authorized Representative
_______________
34
4852-6958-9943\3 6
The following abbreviations, when used in the inscription on the face of this Bond, shall be
construed as though they were written out in full according to the applicable laws or regulations:
TEN COM --as tenants in common UTMA ………….…. as Custodian for ………….…..
(Cust) (Minor)
TEN ENT --as tenants by the entireties under Uniform Transfers to Minors Act ...................……..
(State)
JT TEN --as joint tenants with right of survivorship and not as tenants in common
Additional abbreviations may also be used.
_______________
ASSIGNMENT
For value received, the undersigned hereby sells, assigns and transfers unto
________________________________________________________ the within Bond and all rights
thereunder, and does hereby irrevocably constitute and appoint
_____________________________________________________ attorney to transfer the said Bond on the
books kept for registration of the within Bond, with full power of substitution in the premises.
Dated:
NOTICE: The assignor's signature to this assignment must
correspond with the name as it appears upon the face of the
within Bond in every particular, without alteration or
enlargement or any change whatsoever.
Signature Guaranteed:
Signature(s) must be guaranteed by an "eligible guarantor
institution" meeting the requirements of the Registrar,
which requirements include membership or participation
in STAMP or such other "signature guaranty program" as
may be determined by the Registrar in addition to or in
substitution for STAMP, all in accordance with the
Securities Exchange Act of 1934, as amended.
PLEASE INSERT SOCIAL SECURITY OR OTHER
IDENTIFYING NUMBER OF ASSIGNEE:
35
4852-6958-9943\3
APPENDIX I
Taxes Levied with respect to the Projects
[to come]
36
4852-6958-9943\3
HENNEPIN COUNTY AUDITOR’S CERTIFICATE
AS TO REGISTRATION AND TAX LEVY
The undersigned, being the duly qualified and acting County Auditor of Hennepin County,
Minnesota, hereby certifies that there has been filed in my office a certified copy of a resolution
duly adopted on April 28, 2020, by the City Council of the City of St. Anthony, Minnesota, setting
forth the form and details of an issue of $[3,000,000] General Obligation Street Reconstruction
Bonds, Series 2020A, dated as of May 19, 2020, and levying taxes for the payment of the Bonds.
I further certify that the issue has been entered on my bond register and the tax required by
law for their payment has been levied and filed as required by Minnesota Statutes, Sections 475.61
through 475.63.
WITNESS my hand and official seal this _____ day of _____________, 2020.
Hennepin County Auditor
(SEAL)
37
4852-6958-9943\3
RAMSEY COUNTY AUDITOR’S CERTIFICATE
AS TO REGISTRATION AND TAX LEVY
The undersigned, being the duly qualified and acting County Auditor of Ramsey County,
Minnesota, hereby certifies that there has been filed in my office a certified copy of a resolution
duly adopted on April 28, 2020, by the City Council of the City of St. Anthony, Minnesota, setting
forth the form and details of an issue of $[3,000,000] General Obligation Street Reconstruction
Bonds, Series 2020A, dated as of May 19, 2020, and levying taxes for the payment of the Bonds.
I further certify that the issue has been entered on my bond register and the tax required by
law for their payment has been levied and filed as required by Minnesota Statutes, Sections 475.61
through 475.63.
WITNESS my hand and official seal this _____ day of _____________, 2020.
Ramsey County Auditor
(SEAL)
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3301 Silver Lake Road, St. Anthony, Minnesota 55418-1699
Office: (612) 782-3301 • Fax: (612) 782-3302 • www.savmn.com
MEMORANDUM
To: Mayor Stille and St. Anthony City Council
Mark Casey, City Manager
From: Stephen Grittman, City Planner
Date: City Council Meeting – April 28, 2020
NAC Project No. 323.02
Request: Request for Adoption of 2040 St. Anthony Comprehensive Plan
STAFF RECOMMENDATION/PROJECT SUMMARY
Planning staff is recommending City Council adoption of the 2040 Comprehensive Plan for the
City of St. Anthony Village. The Plan was prepared over a period of years, beginning in 2017,
with City Council approval of the “distribution draft” in December of 2018. The Council
adopted Resolution 18-078 at that time, approving the work and content of the previous two
years.
The document was the product of extensive public input and engagement, as well as far-
ranging research into housing, employment, utility system operations, public safety and
facilities, public open space and recreation, and land use. The City worked diligently with
members of the community, and alongside several community organizations, school
representatives, county staff, and neighboring cities to develop the approved draft.
Following City Council approval of the draft, the document was sent for the required six-month
review by various affected jurisdictions for comment and editing. The draft was submitted to
the Metropolitan Council staff for initial formal review in June of 2019.
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April 28, 2020
Page 2
Metropolitan Council staff provided feedback and comments, some of which related to
required additional content, and some of which related to advisory recommendations and
notations. The most significant required amendments related to the need to reconcile
population and housing counts related to changing land use expectations for the Walmart and
Lowry Grove properties. Those parcels were both evolving new prospective land uses during
the preparation and adoption of the Plan document.
In March of this year, Metropolitan Council staff completed its final round of review and
comment, and notified the City that the Plan would be recommended for approval to the Met
Council’s “Community Development” and “Environment” Committees. Those groups met and
recommended final Plan approval on April 6th and April 14th, respectively. The Plan was then
scheduled for full Metropolitan Council review and approval at the Council’s regular meeting on
April 22nd.
The Metropolitan Council adopted Resolution 2020-91, approving St. Anthony’s 2040
Comprehensive Plan, with a short list of recommended comments. Those comments are
summarized below:
Recommendations of the Community Development Committee
(1) Authorize putting the new Comprehensive Plan into effect;
(2) Update forecasts for population and housing;
(3) Sync the City’s affordable housing demand to the revised population forecasts;
(4) Acknowledge the services of Metro Mobility; and
(5) Incorporate reference to the Local Water Management Plan adopted in 2019.
Recommendation of the Environment Committee
(6) Approve the City of St. Anthony Village’s Comprehensive Sewer Plan; and
(7) Describe the billing reimbursement policy for intercommunity wastewater flow with
Minneapolis.
As the Met Council noted in its resolution:
“The Council found that the City’s 2040 Plan meets all Metropolitan Land Planning Act
requirements; conforms to the regional system plans including transportation, aviation,
water resources management, and parks; is consistent with Thrive MSP 2040; and is
compatible with the plans of adjacent jurisdictions.”
These recommended comments are the final “clean-up” recommendations resulting from City
Staff discussions with Met Council staff, and do not change the document in any substantive
manner. The policies and goals adopted as a part of the original approval in 2018 continue
through the current document, reflecting the community’s direction and intentions that grew
from the process that led to that initial approval by the City Council.
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April 28, 2020
Page 3
CITY COUNCIL ACTION
Staff recommends adoption of the attached Resolution, approving the final 2040
Comprehensive Plan for the City of St. Anthony, as authorized by the Metropolitan Council’s
action on April 28, 2020.
This recommendation is based on a finding that the Plan, including the final recommendations
of Metropolitan Council in its Resolution 2020-91, with the conditions cited, is consistent with
the requirements of the Metropolitan Planning Act, the recommendations and policies of the
Metropolitan Council, and reflects the accumulated goals, objectives, and policies of the St.
Anthony Village community as generated through the research, engagement, and activities of
the City’s Comprehensive Plan Steering Committee, the St. Anthony Planning Commission, and
the St. Anthony City Council. These findings are reflected in the accompanying Resolution.
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CITY OF SAINT ANTHONY VILLAGE
HENNEPIN COUNTY, MINNESOTA
RESOLUTION 20-043
A RESOLUTION APPROVING AND ADOPTING THE FINAL 2040
COMPREHENSIVE PLAN FOR THE CITY OF ST. ANTHONY VILLAGE
WHEREAS, under state law, the City of St. Anthony Village is required to prepare a
comprehensive plan every ten years and the Metropolitan Council is enabled to act as the
reviewing authority for the City' s comprehensive plan; and
WHEREAS ,the City' s comprehensive plan guides land use which is the basis for
regulating zoning in the City; and
WHEREAS, the last update to the comprehensive plan was in 2008, which the updated
2040 Plan is intended to replace in its entirety; and
WHEREAS, in the creation of the St. Anthony 2040 Comprehensive Plan a steering
committee made up of Planning Commission and City Council members met twelve
times and conducted an extensive and broad public engagement process; and
WHEREAS, the public engagement process reflected the topics to be covered in the plan
and comments were solicited and formal responses given on the topics of land use,
housing, transportation, sanitary sewer, water supply, sustainability, and plan
implementation; and
WHEREAS, at their final meeting on November 14, 2018, the Comprehensive Plan
Steering Committee by consensus directed staff to submit the St. Anthony 2040
Comprehensive Plan to the City Council for approval and submission to the Metropolitan
Council for formal action; and
WHEREAS, the City Council subsequently approval the draft for distribution in its
Resolution 18-078; and
WHEREAS, the draft Plan underwent thorough review and editing, including response to
comments from Metropolitan Council staff and neighboring jurisdictions; and
WHEREAS, the final version of the 2040 Comprehensive Plan was approved by the full
Metropolitan Council on April 22, 2020, in its Resolution 2020-91; and
WHEREAS, the Metropolitan Council found that the City’s 2040 Plan meets all
Metropolitan Land Planning Act requirements; conforms to the regional system plans
including transportation, aviation, water resources management, and parks; is consistent
with Thrive MSP 2040; and is compatible with the plans of adjacent jurisdictions; and
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WHEREAS, state statute establishes that approval of the City of St. Anthony
comprehensive plan is within the jurisdiction and authority of the City Council;
NOW THEREFORE MAY IT BE RESOVLED, that the City Council of the
City of St. Anthony Village accepts the findings and recommendations documented in the staff
report and the resolution of the Metropolitan Council, and approves and adopts the 2040
Comprehensive Plan for the City of St. Anthony Village
Passed in regular session of the City Council on the 28th day of April, 2020.
____________________________________
Randy Stille, Mayor
ATTEST:____________________________
Nicole Miller, City Clerk
Review for Administration: ____________________________________
Mark Casey, City Manager
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Date Type Staff Present
May 4 Special
5:30 PM Worksession
City Council
City Manager
PW Director
City Engineer
May 12 Regular
Planning Commission items from April
Finance Annual Report
Insurance Renewal
Tort Limits - Consent
Order 2021 Feasibility Study
Police Department Annual Report
City Council
City Manager
Finance Director
City Engineer
May 26 Regular Salo Park Concert Series
Chamber of the Year and Business of the Year
City Council
City Manager
City Engineer
Finance Director
June 9 Regular Planning Commission Items from May City Council
City Manager
June 23 Regular Audit Presentation
City Council
City Manager
Finance Director
July 14 Regular Planning Commission items from June
Quarterly Donations & Grants
City Council
City Manager
July 28 Regular
Night to Unite Presentation
Night to Unite Proclamation
Liquor Operations Mid Year Report
VillageFest Presentation
Quarterly Goals Update
Wyland Mayor's Water Challenge
City Council
City Manager
Police Chief
Liquor Op Mgr
August 11 Regular
8:00 p.m.
Planning Commission items from July
SANB #282 Presentation
Approve 2021 Feasibility Study and Order Plans and Specs
City Council
City Manager
August 25 Regular Budget Presentation
Students in Leadership-Consent
City Council
City Manager
Finance Director
September 8 Regular
Planning Commission items from August
2021 Preliminary Operating Budget and Levy-Public Hearing
Kiwanis Peanut Day
City Council
City Manager
Finance Director
September 22 Regular Fire Prevention Presentation
City Council
City Manager
Fire Dept
FUTURE COUNCIL AGENDA ITEMS
2020
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Date Type Staff Present
FUTURE COUNCIL AGENDA ITEMS
October 13 Regular
Planning Commission items from September
Quarterly Donations & Grants
Preliminary Certification of Delinquent Waste Hauler Accounts-Consent Agenda
Preliminary Certification of Delinquent Utility Accounts-Consent Agenda
Quarterly Goals Update
City Council
City Manager
October 27 Regular Approval of CIP
1st Reading Water, Sewer, & Stormwater-Public Hearing
City Council
City Manager
Finance Director
November 10 Regular
Planning Commission items from October
2nd Reading Water, Sewer, & Stormwater
Authorizing polling places for 2021
Declaring members of AB Ballot Board for 2021
City Council
City Manager
November 24 Regular
Fire Prevention Poster Winners
Water Conservation Poster Winners
Final Reading Water, Sewer, & Stormwater
2021 Fee Schedule
Students in Government Presentation
City Council
City Manager
Fire Dept
Public Works Director
December 8 Regular
Planning Commission items from November
Appoint Parks and Planning Commissioners and Chair/Vice Chairs
Setting Salary of City Manager
Authorizing Transfers & Closing of Specified Funds
Setting the 2021 City & HRA Budgets and Final Property Tax Levy -Public Hearing
2021 Street Project Approve Plans & Specifications, Authorize Advertisement for Bids
Approval of 2021 Planning Commission Work Plan (motion only)
City Council
City Manager
Finance Director
City Engineer
December 22 Regular City Council
City Manager
January 12 Regular
Planning Commission items from December
Housekeeping Resolutions
Resolution for the Street Improvement Bond Reimbursement
Quarterly Donations & Grants
City Council
City Manager
January 26 Regular
Public Works Snow Plowing Operations presentation
NYFS Agreement
Winterfest
Outside Orgs-Council
City Council
City Manager
February 9 Regular Planning Commission items from January
2021 Planning Commission Work Plan- (motion only)
City Council
City Manager
February 23 Regular
Administration Annual Report
Adoption of Strategic Plan
2021 Parks and Environmental Commission Work Plan- (motion only)
2021 Street Project Call for Hearing on Improvements, Call for Hearing on Assessments,
Order Preparation of Assessments
City Council
City Manager
City Engineer
2021
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Date Type Staff Present
FUTURE COUNCIL AGENDA ITEMS
March 9 Regular
Planning Commission Items from February
Liquor Annual Report
Liquor License Renewals
GreenCorp Member application-resolution
CTV Presentation
Public Works Annual Report
City Council
City Manager
Liquor Op Manager
Public Works Director
March 23 Regular
Police Annual Report
Wyland Water Challenge
Public Hearing-Budget Calendar
City Council
City Manager
Police Dept
Finance Director
April 13 Regular
Planning Commission Items from March
Quarterly Donations & Grants
Fire Annual Report
Spirit of St. Anthony Award
2021 Street Project Public Hearing, Order Improvements, Adopt & Confirm Assessments,
Award Contract for Construction, Call for Sale of GO Bonds
Arbor Day Proclamation
Earth Day Proclamation
Public Hearing-Budget Calendar
City Council
City Manager
Fire Dept
City Engineer
April 27 Regular 2020 Street Project-Approve Sale of Bonds City Council
City Manager
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