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HomeMy WebLinkAboutCC PACKET 03272012H.R.A. Meeting immediately following regular meeting CITY OF ST. ANTHONY CITY COUNCIL. MEETING AGENDA March 27, 2012 7:00 p.m. Call to Order. Pledge of Allegiance. Roll Call. Consideration, Discussion, and Possible Action on AH of the .following iterns: I, Approval of the March 27, 2012, City Council Meeting Agenda. (action requested) II. Proclamations and Recognitions. (no actionrequested) III. Consent Agenda. These items are considered routine and will be enacted by one motion. There will be aro separate discussion of these items taxless a Co endlmember or citizen so requests, in which spent the item will be remored from the Consent Agenda and placed elsewhere on the agenda. A. Approval of March 13, 2012, Council Meeting Minutes. (pp. 1-6) B. Licenses and Permits. (pp. 7-8) C. Claims. (pp. 9-12) D. resolution 12-038; Requesting an Advance from the Municipal State Aid Street Fund for Calendar Year 2012 for the City of St. Anthony Village, Minnesota. (pp. 13-16) IV. Appeal Hearing. A. Revocation of Cigarette & Tobacco License for Flamezz Hookah Lounge located at 3805 Stinson Blvd. (pp. 17-28) (motion apptoving councils action) V. Reports from Commission and Staff. (no zction requested) VI. General Business of Council. A. Resolution 12-039; Approve A Request to Keep No More Than Five Female Chickens in an R-1 Zoning District at 3013 29th Avenue NE. Mark Casey, City Manager is presenting. (pp. 29-34) B. Resolution 12-040; Authorizing Issuance, Awarding Sale, Prescribing the Form and Details and Providing for the Payment of $9,660,000 General Obligation Bonds, Series 2012A. Stacie Kvilvang, Ehlers & Associates is presenting. (pp. 35-62) C. St. Anthony Liquor Operations Annual Report. Mike Larson, Liquor Operations Manager is presenting. (pp. 63-72) D. St. Anthony Public Works Annual Report. Jay Hartman, Public Works Director is presenting. (pp. 73-82) VII. Reports from City Manager and Council members. VIII. Community Forum. Inditrduak may address the Clry Council about arty item not included on the regularagenda. Speakers are requested to come to the podium, sign their name and address on the form at tlx podium, state llxir name and address for the Clerk's re=4 and limit tlxir rrmarkr to f to minutes. Generally, the Clty Cuttndl will not take official action on items discussed at this time, but may typica4 refer the matter to staf fora future report or direct the matter to be scheduled on an upcoming agenda. IX. Information and Announcements. X. Adjournment. Our Mission is to be a progressive and livable community, a walkable village, which is sustainable, safe and secure. F:1Council Meetings120121032720121agendapg#.doox 7 I CITY OF ST. ANTHONY 2 CITY COUNCIL REGULAR MEETING MINUTES 3 MARCH 13, 2012 4 5 CALL TO ORDER. 6 7 Mayor Faust called the meeting to order at 7:00 p.m. 8 9 PLEDGE OF ALLEGIANCE. 10 11 Mayor Faust invited the Council and audience to join him in the Pledge of Allegiance. 12 13 ROLL CALL. 14 15 Present: Mayor Faust; Councilmembers Gray, Jenson, Roth, and Stille. 16 Absent: None. 17 Also Present: City Manager Mark Casey, Fire Chief John Malenick, and Police Chief John Ohl. 18 19 CONSIDERATION, DISCUSSION, AND POSSIBLE ACTION ON ALL OF THE FOLLOWING 20 ITEMS. 21 22 I. APPROVAL OF MARCH 13, 2012, CITY COUNCIL MEETING AGENDA. 23 24 Motion by Councilmember Gray, seconded by Councilmember Jenson, to approve the City 25 Council Meeting Agenda of March 13, 2012. 26 27 Motion carried unanimously. 28 29 11. PROCLAMATIONS AND RECOGNITIONS. 30 31 None. 32 33 I11. CONSENT AGENDA. 34 35 A. Consider February 28 2012 Council meeting minutes; 36 B. Consider licenses andep rmits; 37 C. Consider payment of claims; 38 D. Consider Resolution 12-033; Re -Establishing Unchanged Precincts and Polling Places; 39 E. Consider Resolution 12-034; Accepting a Donation for the Veteran's Memorial from NE 40 Kiwanis Foundation; and 41 F. Consider Resolution 12-035; Accepting a Donation for the Veteran's Memorial from the 42 Kiwanis Club of St. Anthony. 43 44 Mayor Faust noted that the tobacco license for Flamezz Hookah is being issued pending the 45 appeal hearing on March 27, 2012. 46 47 Motion by Councilmember Roth, seconded by Councilmember Gray, to approve the Consent 48 Agenda items. 49 2City Council Regular Meeting Minutes March 13, 2012 Page 2 Motion carried unanimously. 2 3 IV. PUBLIC HEARING. 4 5 None. 6 7 V. REPORTS FROM COMMISSION AND STAFF. 9 None. 10 11 VI. GENERAL BUSINESS OF COUNCIL. 12 13 A. Resolution 12-036; Adopting the Amendments to the Greater Metropolitan Housing 14 Corporation's Program Guidelines. Mark City, City Manager, presenting. 15 16 City Manager Casey presented the proposed amendments to the Greater Metropolitan Housing 17 Corporation's program guidelines and explained the amendments include reducing the interest 18 rate from 4% to 3%, allowing more than one loan not to exceed $10,000, and requiring 19 additional funds needed to complete a project to be escrowed before loan funds are expended. 20 21 Councilmember Stille stated the guidelines identify a maximum loan term of seven years with a 22 loan term of one year for every $1,000 borrowed. He noted that the guidelines do not address the 23 repayment schedule and felt it would make sense to clarify the repayment terms in the guidelines 24 to conform to the documents signed by loan applicants. 25 26 City Manager Casey advised the maximum loan term is seven years and the loan amount is 27 amortized annually. He agreed to revise the guidelines and bring them back for City Council 28 review. 29 30 Motion by Councilmember Stille, seconded by Councilmember Roth, to table action on 31 Resolution 12-036; Adopting the Amendments to the Greater Metropolitan Housing 32 Corporation's Program Guidelines. 33 34 Motion carried unanimously. 35 36 B. Resolution 12-037; Authorizing a Study Regarding Regulation of Assemblies Meeting 37 Lodges, and Convention Halls. Mark Casey City Manager, presenting. 38 39 City Manager Casey presented the proposed resolution and ordinance for imposing a moratorium 40 on Conditional Use Permits for assemblies, meeting lodges, or convention halls in the Light 41 Industrial Zoning District to study whether to impose additional amendments to the Code. 42 43 Motion by Councilmember Stille, seconded by Councilmember Jenson, to approve Resolution 44 12-037; Authorizing a Study Regarding Regulation of Assemblies, Meeting Lodges, and 45 Convention Halls. 46 City Council Regular Meeting Minutes March 13, 2012 Page 3 Motion carried unanimously. 3 C. Ordinance 2012-03; Imposing a Moratorium on the Issuance of Conditional Use Permits 4 for Assemblies, Meeting bodges, or Convention Halls within Commercial and Light 5 Industrial Zoning Districts. Mark Casey, City Manager, presenting. 6 7 Mayor Faust noted that this Ordinance does not require a first or second reading 9 Motion by Councilmember Gray, seconded by Councilmember Jenson, to approve Ordinance 10 2012-03; Imposing a Moratorium on the Issuance of Conditional Use Permits for Assemblies, 11 Meeting Lodges, or Convention Halls within Commercial and Light Industrial Zoning Districts. 12 13 Motion carried unanimously. 14 15 D. St. Anthony Fire Department Annual Report. Chief John Malenick presenting. 16 17 Fire Chief Malenick presented the Fire Department's 2011 annual report and advised that the 18 Fire Department responded to a record number of calls for service in 2011. He stated that total 19 calls were 1,221 with calls fairly evenly distributed among EMS, fire/hazardous conditions, and 20 service calls. He discussed the types of medical and non-medical calls responded to by the Fire 21 Department in 2011 and stated by insurance standards, the City had $42,800 worth of loss on 22 working fire calls. He noted the dollar loss per fire was $1,223 in 2011 which is significantly 23 lower than the industry average. He reviewed the Fire Department's training and indicated an 24 average of 88 hours per firefighter is spent on training. He stated that Mr. Chris Fuller and Mr. 25 Mark Sitarz were recently awarded "Instructor of the Year" for their work in 2011 and the 26 Department is very proud of them. He also discussed the Fire Department's code enforcement 27 activities and stated there was a decrease in the total number of documented reports in 2011. He 28 reviewed emergency management activities, including disaster training. I -Ie expressed thanks to 29 the men and women of the Fire Department for their efforts throughout the community. He also 30 thanked the Mayor and City Council for their continued support. 31 32 Councilmember Roth requested further information regarding the make-up of the Fire 33 Department. 34 35 Fire Chief Malenick advised there are six full-time firefighters with two firefighters on duty at a 36 time working 24 hour shifts. He stated the shifts are rotated every other day to provide 24 hour 37 coverage. He added the City also has 23 paid on-call part-time volunteer firefighters. 38 39 Councilmember Jenson asked about medical and non-medical response times. 40 41 Fire Chief Malenick stated the Fire Department's response time for medical calls is always under 42 two minutes which is the lowest in the metro area. 43 44 Mayor Faust requested further information about non-medical calls classified as "good intent" 45 calls. 46 3 City Council Regular Meeting Minutes March 13, 2012 Page 4 Fire Chief Malenick explained that good intent calls include calls to respond to things mistaken for gas and the Fire Department always encourages residents to call because it is better to be safe than sorry. Mayor Faust expressed the City Council's thanks and appreciation to the Fire Department for their service. 8 E. St. Anthony Police Department Annual Report. Chief John Ohl presenting. 9 10 Police Chief Ohl presented the Police Department's 2011 annual report and stated the Police 1 I Department is grateful to the community and it means a lot to have an engaged City Council, 12 business community, and citizens all working toward the same common goal. He reviewed 2011 13 Part I crimes and indicated property crime continues to be the City's most prevalent crime. He 14 also reviewed Part II crimes and stated criminal damage to property was the most prevalent Part 15 II crime. He explained that overall calls for service increased due to the new records 16 management system being used in the City which counts citations and adds to the total number 17 of calls for service. I -Ie stated that the Police Department's community policing efforts resulted 18 in 1,848 citations being issued, 210 non-moving violations, and almost 1,000 arrests. He 19 explained that the Police Department started a rotating investigator position and this has been 20 beneficial to the City's overall clearance rates with a total of 535 offenses investigated and 289 21 cases cleared resulting in a clearance rate of 54%. Ire acknowledged Captain Cotroneo's efforts 22 in this regard. He reviewed the ongoing education and training of the Police Department and 23 stated a significant amount of education in 2011 had to do with technology. I -Ie discussed the 24 important role of the Police Reserves who donated 2,475 donated hours last year. He also 25 discussed the Police Department's crime prevention activities and stated the City has a very 26 engaged, professional Police Department who commit themselves every day to public safety. He 27 added the City has extraordinary officers who care about their community and are proud to serve. 28 29 Councilmember Jenson asked how the Police Reserve Officers support the Police Department. 30 31 Police Chief Ohl stated the Police Reserves provide services such as towing cars, prisoner 32 transports, traffic control, participating in community events, riding with officers, and handling 33 parking related issues. I -Ie added the Police Department is appreciative of their efforts. 34 35 Councilmember Stille asked Police Chief Ohl to comment on the decrease in Part I and Part II 36 crimes over the past several years. 37 38 Police Chief Ohl stated the Police Department has been very proactive and works hard on law 39 enforcement and overall crime prevention, which appears to be affecting crime rates. 40 41 Mayor Faust stated the Fire Department and Police Department annual reports are available at 42 City Hall. He expressed the City Council's gratitude to the Police Department. 43 44 VII. REPORTS FROM CITY MANAGER AND COUNCIL MEMBERS. 45 46 City Manager Casey — No report. City Council Regular Meeting Minutes March 13, 2012 Page 5 1 Councilmember Roth reported on his attendance at the March 1" Cable Commission meeting. 2 He also reported on his attendance at the March 12"' City Council worksession and joint meeting 3 with the Parks Commission. 4 5 Councilmember Stille reported on his attendance at the March 12"' City Council worksession and 6 joint meeting with the Parks Commission. 7 8 Councilmember Gray — No report. 9 10 Councilmember Jenson reported on his attendance at the March I't Community Services 11 Advisory Council meeting. Ile also reported on his attendance at the March 12°i City Council 12 worksession and joint meeting with the Parks Commission. 13 14 Mayor Faust reported on his attendance at the following: 15 • March 12°i City Council worksession and joint meeting with the Parks Commission. 16 • March 12`x' Regional Council of Mayors meeting. 17 • March 13`x' MWMO bi-monthly meeting. He advised that he has stepped aside as Chair 18 of the MWMO and the board elected Kevin Reich to serve as Chair. 19 20 VIII. COMMUNITY FORUM. 21 22 Mayor Faust invited residents to come forward at this time and address the Council on items that 23 are not on the regular agenda. 24 25 Hearing none, Mayor Faust moved forward with the agenda. 26 27 IX. INFORMATION AND ANNOUNCEMENTS. 28 29 Councilmember Stille noted that the City Council has been considering the issue of garbage 30 hauling in the City and referenced a recent article about Watertown's new contract for garbage 31 service which indicated residents are paying $18.05 per month for a 64 gallon container versus 32 the City's fee of $25.79 per month for a 38 gallon container. 33 34 X. ADJOURNMENT. 35 36 Mayor Faust adjourned the meeting at 7:55 p.m. 37 38 Respectfully submitted, 39 Barbara Hughes 40 TimeSaver Off Site Secretarial, Inc. 41 42 43 Mayor 44 45 ATTEST: 46 City Clerk 5 m THIS PAGE LEFT INTENTIONALLY BLANK Saint Anthony Village DATE: March 27, 2012 Approved: TO: Mayor and Councilmembers FROM: License Clerk PTEM: License and Permits for Approval: General Contractors License: Asphalt Driveway, Minneapolis, MN Heating and Air Conditioning License: Arneson Heating & Cooling, St Paul, MN 3.2 Beer Off Sale: Applicant: Freedom Valu Center Location: 3810 Silver Lake Rd Cub Foods 3930 Silver Lake Rd National Entertainment Network 3800 Silver Lake Rd National Entertainment Network 3930 Silver Lake Rd Murphy's Service Center 350129"' Ave Freedom Valu Center 3810 Silver Lake Rd Cub Foods 3930 Silver Lake Rd Applicant: Bear Stop Location: 3813 Stinson Blvd Applicant: Aspen Waste Systems, Minneapolis, MN Applicant: Walter Recycling & Refuse, Circle Pines, MN 7 Service Station License: Applicant: Murphy's Service Center Location: 350129"' Ave Applicant: St Anthony Mobil Location: 2801 Kenzie Ter Applicant: Freedom Valu Center Location: 3810 Silver Lake Rd Applicant: Bear Stop Location: 3813 Stinson Blvd Vending License: Applicant: Royal Vending Location: 3301 Silver Lake Rd Applicant: National Entertainment Network Location: 3800 Silver Lake Rd Applicant: Cub Foods Location: 3930 Silver Lake Rd "Temporary 3.2 Beer Parks Permit: Applicant: Louise Louiselle Location: Central Park Date: June 29, 2012 US BANK CITY OF ST. ANTHONY CHECK REGISTER VENDOR # PAYEE CHECK # DATE AMOUNT 8411 DRIVER & VEHICLE SERVICE 17227 2/29/2012 $21.50 9055 FREEWAY TOWING 17228 2/29/2012 $91.05 9935 ACT -ASPHALT SPECIALTIES 17230 3/28/2012 $561.76 9256 ALLIED MEDICAL PRODUCTS 17231 3/28/2012 $665.00 9250 AMERICAN MESSAGING 17232 3/28/2012 $238.86 9943 ARAMARK 17233 3/28/2012 $78.43 4687 ASPEN WASTE SYSTEMS INC 17234 3/28/2012 $111.17 320 BEISSWENGER'S 17235 3/28/2012 $128.74 4293 BELLBOY CORP. 17236 3/28/2012 $19,084.73 9778 BERNICK'S 17237 3/28/2012 $3,934.35 .0383 BLOMSTER/GARY 17238 3/28/2012 $17.82 9648 BOUND TREE MEDICAL LLC 17239 3/28/2012 $268.44 7168 BOYER TRUCKS, INC. 17240 3/28/2012 $64.40 7253 BRAKE & EQUIPMENT WAREHO 17241 3/28/2012 $6.54 4231 CAPITOL BEVERAGE SALES 17242 3/28/2012 $15,771.02 2380 CENTERPOINT ENERGY 17243 3/28/2012 $7,554.48 9907 CENTURYLINK 17244 3/28/2012 $546.81 4080 CHISAGO LAKES DISTRIBUTI 17245 3/28/2012 $2,220.57 9056 CITY OF ROSEVILLE 17246 3/28/2012 $4,129.29 8814 CITY WIDE WINDOW SERVICE 17247 3/28/2012 $85.50 9820 CRYSTAL SPRINGS ICE 17248 3/28/2012 $255.50 8557 DAILEY DATA & ASSOCIATES 17249 3/28/2012 $125.00 785 DALCO 17250 3/28/2012 $5.29 9115 DARLING'S SALES & SERVIC 17251 3/28/2012 $378.84 9669 DISPLAY SALES COMPANY 17252 3/28/2012 $16.03 8338 DOKKEN/MARK 17253 3/28/2012 $20.00 820 DORSEY & WHITNEY 17254 3/28/2012 $16,652.36 9301 EGAN 17255 3/28/2012 $6,030.50 8001 EMERGENCY MEDICAL PRODUC 17256 3/28/2012 $43.18 8697 EXTREME BEVERAGE 17257 3/28/2012 $490.50 9798 FERGUSON WATERWORKS 17258 3/28/2012 $339.03 .0384 FIRESIDE HEARTH & HOME 17259 3/28/2012 $24.00 9667 FLAT EARTH BREWING CO 17260 3/28/2012 $128.00 9236 FSH COMMUNICATIONS 17261 3/28/2012 $64.13 1030 G & K SERVICES INC 17262 3/28/2012 $532.43 9854 GOPHER STATE ONE CALL 17263 3/28/2012 $36.35 8127 GRAFIX SHOPPE 17264 3/28/2012 $2,110.00 1250 GRAINGER 17265 3/28/2012 $87.64 4172 GRAPE BEGINNINGS, INC. 17266 3/28/2012 $1,543.50 7188 H & L MESABI INC 17267 3/28/2012 $444.48 9169 HARBOR FREIGHT TOOLS 17268 3/28/2012 $74.98 9959 HEIGHTS NORTHEAST WELDIN 17269 3/28/2012 $192.38 8944 HENN CNTY INFO TECH DEPT 17270 3/28/2012 $2,633.81 9160 HEWLITT PACKARD COMPANY 17271 3/28/2012 $1,053.08 4207 HOHENSTEIN'S, INC 17272 3/28/2012 $6,756.25 I 11SOBANK CITY OF ST. ANTHONY 1 CHECK REGISTER VENDOR # PAYEE CHECK # DATE AMOUNT 8252 HOME DEPOT CREDIT SERVIC 17273 3/28/2012 $100.17 .03851NGEBRAND/MIKE 17274 3/28/2012 $11.11 9961 JERONIMO YANEZ 17275 3/28/2012 $30.42 4125 JJ TAYLOR DISTRIBUTING 17276 3/28/2012 $31,493.02 4220 JOHNSON BROTHERS LIQUOR 17277 3/28/2012 $66,239.47 7143 LARSON/ROGER A 17278 3/28/2012 $1,294.27 9729 LIFT BRIDGE BEER CO. 17279 3/28/2012 $748.00 2040 LILLIE SUBURBAN NEWSPAPE 17280 3/28/2012 $152.38 9114 M. AMUNDSON LLP 17281 3/28/2012 $1,983.38 9960 MINNESOTA AMBULANCE ASSO 17282 3/28/2012 $50.00 8494 MINNESOTA MUNICIPAL 17283 3/28/2012 $168.25 9195 MISTER CAR WASH 17284 3/28/2012 $143.47 9425 MN AWWA 17285 3/28/2012 $175.00 8074 MN POLLUTION CONTROL AGE 17286 3/28/2012 $345.00 7356 MOORE-SYKES/KIM 17287 3/28/2012 $78.20 2395 MTI DISTRIBUTING, INC 17288 3/28/2012 $608.49 8883 NEW FRANCE WINE COMPANY 17289 3/28/2012 $109.50 8959 NORTH SUBURBAN ACCESS CO 17290 3/28/2012 $591.42 5176 NORTH SUBURBAN COMMUNICA 17291 3/28/2012 $22,681.25 45 OFFICE DEPOT 17292 3/28/2012 $571.44 4354 PAUSTIS & SONS 17293 3/28/2012 $2,233.70 9563 PETTY CASH - U.S. BANK 17294 3/28/2012 $156.15 4360 PHILLIPS WINE & SPIRITS 17295 3/28/2012 $27,271.35 4361 PINNACLE DIST. 17296 3/28/2012 $280.00 8369 POSTMASTER - MPLS BMEU 17297 3/28/2012 $190.00 4385 QUALITY WINE CO 17298 3/28/2012 $33,208.07 9230 ROYAL TIRE INC 17299 3/28/2012 $26.50 9680 SENSUS METERING SYSTEMS 17300 3/28/2012 $755.70 9708 SHI INTERNATIONAL CORP. 17301 3/28/2012 $13,184.10 9127 SIMPLEXGRINNELL 17302 3/28/2012 $1,458.24 9843 SOUTHERN WINE & SPIRITS 17303 3/28/2012 $3,726.99 7072 ST ANTHONY CHAMBER OF CO 17304 3/28/2012 $260.00 4780 SURLY BREWING CO 17305 3/28/2012 $2,667.00 9842 TASC 17306 3/28/2012 $100.00 9957 TEAM TORQUE 17307 3/28/2012 $15.00 9934 TOUCHLESS TUNNEL WASH 17308 3/28/2012 $72.14 9590 U.S. BANK (PURCHASING 17309 3/28/2012 $798.76 9958 ULTIMATE SIGN SUPPLY 17310 3/28/2012 $368.72 8270 UNITED STATES POSTAL SER 17311 3/28/2012 $700.00 8227 VERIZON WIRELESS 17312 3/28/2012 $268.75 4451 VINOCOPIA 17313 3/28/2012 $614.17 9497 WATER CONSERVATION SERVI 17314 3/28/2012 $630.60 8316 WINE COMPANY/THE 17315 3/28/2012 $1,755.25 8310 WINE MERCHANTS INC 17316 3/28/2012 $14,345.15 4175 WIRTZ BEVERAGE - (GRIGGS 17317 3/28/2012 $19,349.75 9734 WIRTZ BEVERAGE MINNESOTA 17318 3/28/2012 $16,714.36 US BANK CITY OF ST. ANTHONY CHECK REGISTER L 1 VENDOR # PAYEE CHECK # DATE AMOUNT 2680 XCEL ENERGY 17319 3/28/2012 $20,183.92 7325 YOCUM OIL COMPANY, INC. 17320 3/28/2012 $16,720.03 9618 ZIEGLER, INC. 17321 3/28/2012 $535.22 TOTAL $401,781.58 12 THIS PAGE LEFT INTENTIONALLY BLANK CITY OF ST. ANTHONY RESOLUTION 12-038 A RESOLUTION REQUESTING AN ADVANCE FROM THE MUNICIPAL STATE AID STREET FUND FOR CALENDAR YEAR 2012 FOR THE CITY OF ST. ANTHONY VILLAGE, MINNESOTA WHEREAS, the City of St. Anthony Village has completed the construction of Municipal State Aid street projects which required State Aid funds in excess of funds available in the City's State Aid Construction Account, and; WHEREAS, the City of St. Anthony Village has completed the construction of said projects and desires to pay future payments for public improvement bonds issued for the construction of said projects through the use of an advance from the Municipal State Aid Street Fund, and; WHEREAS, repayment of the funds so advanced will be made in accordance with the provisions of Minnesota Statutes 162.14, Subd. 6 and Minnesota Rules, Chapter 8820.1500, Subp. l Ob, and; WHEREAS, the City of St. Anthony Village acknowledges advance funds are released on a first- come -first-served basis and this Resolution does not guarantee the availability of funds. NOW, THEREFORE BE IT RESOLVED, by the City Council of the City of St. Anthony that the Commissioner of Transportation is hereby being requested to approve this advance for financing of past approved Municipal State Aid street projects which have been constructed in the City of St. Anthony Village and have been paid short in the amount up to $1,023,980 or five times the City's annual construction allotment. The City of St. Anthony Village authorizes repayments from subsequent accruals to the Municipal State Aid Street Construction Account from future year's allocations until fully repaid. Adopted this 27°i day of March, 2012. Mayor ATTEST: City Clerk Reviewed for administration: City Manager 1,:ICouncll A1eo1m02012103272011H2es MSAS Adrnnce.docx 13 THIS PAGE LEFT INTENTIONALLY BLANK 15 To: Mark Casey, City Manager From: Shelly Rueckert, Finance Director Date: 3/20/2012 By way of background, the process for requesting an MSA advance requires a council resolution. The City Engineer will send a cover letter requesting the advance along with the resolution to State Aid. Advance requests are reviewed on a first- come -first -serve basis. The State Aid finance department will let the City know if the advance is approved. Cities are allowed to request advancement for Municipal State Aid projects costs (or for costs previously incurred). The maximum request equals five times the City's annual State Aid construction allotment. The City was recently allocated $204,796 in 2012 for Municipal State Aid projects. Based on the City's current allotment, the requested advance totals $1,023,980. If the advance is approved from State Aid, annual State Aid reimbursements would not be made the next 5 years as that amount would have been paid up -front. Given that $1,023,980 does not fully deplete our State Aid balance the City can make a similar request for funds in 2013 to drawn down an additional allotment. This would maintain the 5 year deferral of reimbursements. Please note that the State account does not bear interest and the State prefers that Cities drawn down their account in connection with MSA expenditures. The advantage for the City is it can invest the proceeds and replenish the funds used for MSA construction expenditures incurred. City Staff is recommending that the Council pass the resolution. 3301 Silver Lake Road * St. Anthony, MN 55418 * 612.7823301 * 6127823302 (fax) 16 THIS PAGE LEFT INTENTIONALLY BLANK ;,,��y r� �-� -bra+ l d�r:X r zP n dJ'S� T��'+� i'41�y��il.lrsr 1 4r��4 �'� IS _.;`� AFI �`5 tr '^ liN i �ro r�rst �4�ii�- =�� T>; .:� 1�' ,11� _r�i sir r � .i _'�, ��y> , j Y..� � �.�:� �c }�.t �_t'�i ,< � r t•; ��� �i,� }r ����� ar � � tt + 31d� �. l•'( �.�. r. _.. •�.�,r 'r��V 14:�r .:` G Z�N._`f i.. rAL! •1{T. t'Y l�"^r'iti�. r -..i .. _i��^Y7c't: r.['�Yr�rir rr R.4� ..� t Sk tt x'. r_.��t�.,i :�1s. f�li r,.:�l�li. 1'Y:� .�., CITY OF ST. ANTHONY NOTICE OF PUBLIC HEARING TO WHOM IT MAY CONCERN: Notice is hereby given that the Council will hold a public hearing on Tuesday, March 27, 2012 at 7:00 p.m., or as soon thereafter as possible, in the Council Chambers of the City Hall, 3301 Silver Lake Road, for the following purpose: Petitioner: Flamezz - Saeed Kiblawi owner Subject Property: 3805 Stinson Boulevard Request: Revocation of Cigarette & Tobacco License Appeal Hearing Anyone wishing to be heard with reference to the above matter will be heard at said time and place. Questions regarding this matter may be referred to the City Manager at 612-782-3311. Auxiliary hearing aids are available upon request with advanced notice. Please call the City Clerk at 612-782-3313 to make arrangements. Mark Casey City Manager Publish: St. Anthony Bulletin March 14, 2012 17 THIS PAGE LEFT INTENTIONALLY BLANK M STAFF REPORT DATE: March 20, 2012 TO: Mark Casey, City Manager FROM: John Ohl, Chief of Police SUBJECT: Flamezz Hearing This staff report is a timeline of enforcement actions, by the St. Anthony Police Department, as it relates to the Flamezz Hookah Lounge and covers the dates of June 2, 2011 through February 25, 2012. Upon the April 26, 2011 adoption of the ordinance disallowing sampling, the St. Anthony Police Department conducted the following compliance checks with the listed results: June 2, 2011 — Failed compliance check. Mr. Kiblawi was charged via formal complaint for the ordinance violation. June 10, 2011 — Failed compliance check. Case combined with the June 2, 2012 charge. December 8, 2011 — Received ruling from Hennepin County Court indicating that the St. Anthony ordinance against sampling is compliant with state law. December 15, 2011 — Failed compliance check. Mr. Kiblawi charged by formal complaint for the ordinance violation. *The 6-2-11, 6-10-11, 12-15-11 cases are set for trial on March 20, 2012. February 13, 2012 — Failed compliance check. Mr. Kiblawi was charged by citation for ordinance violation. February 25, 2012 — Failed compliance check. Mr. Kiblawi was charged by citation for state statute violation (144.417 sub. 2a) smoking where prohibited. As of March 19, 2012, the February 13°i and 25°' charges have yet to be scheduled for first appearances. mul TEMPORARY CIGARETTE & TOBACCO LICENSE NAME OF LICENSEE: FLAMEZZ NO: 2012-00006 3811 STINSON BLVD. DATE: 3/15/2012 ST. ANTHONY, MN 55421 LICENSE PERIOD: MARCH 15. 2012 to MARCH 27, 2012, Subjcot to outcome of hearing before City Council currently scheduled for March 27, 2012. In accordance with provisions of the City of St. Anthony Ordinance (s) the above-named licenses is granted the following licenses(s): LICENSE TYPE: TEMPORARY CIGARETTE & TOBACCO LICENSE CIGARETTE & TOBACCO LICENSE FEE: $300.00 TOTAL FEE PAID $300.00 This certificate of License is hereby issued conditioned that said licensee shall comply with all the requirements set forth in the City Code and the laws of the State of Minnesota. A License issued under this Certificate may be suspended or revoked for violations thereof. Phuongmai, Dang, License/Permit Specialist PLEASE POST IN A CONSPICUOUS PLACE 21 W OORSEY MEMORANDUM TO: Mayor and Members of City Council Mark Casey, City Manager FROM: Jay R. Lindgren, City Attorney DATE: March 20, 2012 RE: March 27 hearing regarding Flamezz Hookah Lounge Temporary Cigarette & Tobacco License On March 27, 2012, the City of Saint Anthony Village (the "City") will conduct a hearing regarding the potential revocation of the Temporary Cigarette & Tobacco License currently held by Flamezz Hookah Lounge. This memorandum serves to summarize the law the City Council should consider regarding tobacco licenses when conducting the public hearing and in reaching a decision. The Law Governing Tobacco Licenses in the City The law governing tobacco licenses in the City, as it pertains to this hearing, involves sections of the City Code, Minnesota state law, and a recent Hennepin County District Court decision. City Code The City addresses tobacco licenses in sections 111.045 through 111.057 of its City Code. Generally, "[n]o person may directly or indirectly or by means of any device keep for retail sale, sell at retail, offer to sell or otherwise dispose of any tobacco, tobacco products, or tobacco related devices, at any place in the city unless a license has first been issued by the City Council ...." Section 111.057 of the City Code specifically addresses smoking within retail establishments. The original version of section 111.057, passed on April 26, 2011, provided that it "shall be unlawful for the lighting, inhaling, exhaling or combination thereof of tobacco, tobacco products, or tobacco related devices by any person in any retail establishment." The current version of section 111.057, passed on January 24, 2012, retains the ordinance's prior language and additionally makes it unlawful "for any person that owns, leases, manages, operates or otherwise controls the retail establishment to allow such [lighting, inhaling, exhaling or combination thereof of tobacco, tobacco products, or tobacco related devices by any person in any retail establishment] to occur." Minnesota Statutes The Minnesota Clean Indoor Air Act (Minnesota Statutes sections 144.411 through 144.417) was enacted "to protect employees and the general public from the hazards of UORSI'_Y 6 \NW iN$ Y I.i.P 22 secondhand smoke by eliminating smoking in public places, places of employment, public transportation, and at public meetings." See Minn. Stat. §§ 144.412, 144.414. "Public place" means "any enclosed, indoor area used by the general public' and includes retail and commercial establishments. See Minn. Stat. § 144.413(2). Section 144.4167(4) of the Act allows for "the lighting of tobacco in a tobacco products shop by a customer or potential customer for the specific purpose of sampling tobacco products." A "tobacco product shop" is "a retail establishment with an entrance door opening directly to the outside that derives more than 90 percent of its gross revenue from the sale of loose tobacco, plants, or herbs and cigars, cigarettes, pipes, and other smoking devices for burning tobacco and related smoking accessories and in which the sale of other products is merely incidental." However, the Act allows statutory or home rule charter cities or counties to enact and enforce "more stringent measures' to protect individuals from secondhand smoke. Minn. Stat. § 144.417(4). Hennepin County District Court Decision A December 6, 2011 decision by the Hennepin County District Court verified that a city may enact an ordinance that bans the smoking of tobacco in tobacco shops, even though sampling within tobacco shops is allowed under section 144.4167(4) of the Minnesota Indoor Clean Air Act. The court explained that the "regulation of the sale and use of tobacco products has long been viewed by Minnesota courts as a proper exercise of municipal level regulation" and that section 144.417(4) of the Act clearly allows a city to ban smoking in all public places, including tobacco shops, as a "more stringent measure." A copy of the court decision is attached for your reference. Recommendation If the Council finds, as a result of the public hearing, that a violation of the City Code and/or the Minnesota Clean Indoor Air Act has occurred, the Council should adopt a motion revoking the Temporary Cigarette & Tobacco License granted to Flamezz Hookah Lounge on March 15, 2012. Alternatively, if the Council finds no violation occurred, the Council should adopt a motion extending the current license for a one-year period from March 15, 2012. 4823-3304-091 1\13/20/2012 11:35 AM 2 DORS, v s W11;1 W Y i_i_i, STATE, OF MINNESOTA COUNTY OF HENNEPIN State of Minnesota, Plaintiff, v. Saeed Nazeh I{iblarvi, Defendant. DISTRICT COURT FOURTH JUDICIAL DISTRICT MNCIS No. 27 CR 11-19902 ORDER On October 6, 2011, this matter was before the Court for a hearing on the Defendant's motion to dismiss the Complaint. St. Anthony City Prosecutor Steven P. Carlson appeared on behalf of the State. Paul Engh, esy., appeared for the Defendant, who also appeared. Based on the oral arguments made at the hearing and the parties' written submissions, he. Court makes the following, ORDER 1. The Defendant's motion to dismiss is DENIED. 2. The Memorandum below shall be made part of this Order. Dated: December 6, 2011 LfQ7, Marie S, Wernick Judge of District Court 23 24 MEMORANDUM 1. Facts Defendant, Saeed Nazeh Kibiawi, is the owner of Flamezz Hookah Lounge (hereinafter Flamezz). Flamezz is located in the City of St. Anthony Village. In February of 2010, Flamezz applied for and received a cigarette and tobacco license from St. Anthony. After the tobacco license was acquired, customers of Flamezz were lawfully permitted to sample tobacco products in the establishment. This was generjtiy done through use of a hookah. On April 26, 2011, the City of St. Anthony adopted ordinance §111.057, provides, "7t shall be unlawful for the lighting, inhaling, exhaling or combination thereof of tobacco, tobacco products, or tobacco related devices by any person in any retail establishment." On April 27, 2011, the City of St. Anthony sent a letter to Defendant, informing him that ordinance § 111.057 had been ad )pted by the St. Anthony City Council. The letter stated that the amendment to the Tobacco Ordinance would go into effect upon publication of the ordinance in the City's legal newspaper on Wednesday, May 4, 20 On June 2 and June 10, 2011, during St, Anthony inspector compliance checi:s, individuals were observed smoking tobacco inside Flamezz. Defendant acknowledges that on June 2" and June 10th, 2011, customers were in fact sampling a type of tobacco, referred to as `sisha', at his place of business. 2 25 Based on the two inspections, a Complaint has been filed charging Defendant with two misdemeanor counts of allowing smoking where prohibited by ordinance. I.I. Analysis The factual basis in the Complaint is largely undisputed. Defendant has moved to dismiss the Complaint on the grounds that St. Anthony's no smoking ordinance, f § 111.057, is invalid in that it forbids what a statestatute In particular, Defendant argues that because the statewide smoking ban statute contains an_excepti,,,O, for the sampling of tobacco products within a tobacco shop, a city ordinance may na. prohibit such conduct. The Court concludes that the ordinance is consistent with state's no smoking statutory scheme, and is accordingly valid. The Minnesota Clean Indoor Air Act, enacted in 1975, is contained in Minn. Stat. §§ 144.411-144.417. In 2007, Minn. Stat. § 144.417 was amended to prohibit indoor smoking in "public places" an([ "a place of employment." The 2007 amendment was entitled the Freedom to Breath Act. Minn. Stat. § 144.412 provides that the purpose of the Freedom to Breath Act is, "to protect employees and the general public from th!,` hazards of secondhand smoke by eliminating smoking in public places, places c?` employment, public transportation, and at public meetings." Minn. Stat, § 144.4167, entitled "Permitted Smoking," is a section of the Clean Indoor Air Act which outlines several general exceptions to the statewide ban against smoking in public places and places of employment. Specifically, Minn. Stat. § 144.4167 provides that "[sjections 144.414 to 144.417 do not prohibit the lighting of tobacco in a tobacco products shop by a customer or potential customer for the specific purpose of 3 26 sampling tobacco products." Therefore, in the absence of any other limitation, the Clear . Indoor Air Act does allow the type of conduct at issue in this case. i However, the Clean Indoor Air Act also contains a provision which allows local governments to more strictly control tobacco use within a local jurisdiction. Minn. Stat. § 144,417, subd. 4(a) provides, "Nothing in sections 144.414 to 144.417 prohibits a statutory or home rule charter city or county from enacting and enforcing more ,stringent measures to protect individuals from secondhand smoke." (Emphasis added). Defendant argues that the phrase "more stringent measures" does not allow a local jurisdiction such as St. Anthony to enact an outright ban on sampling tobacco products in a tobacco shop. The object of statutory construction is to ascertain and effectuate the intent of the legislature. Minn. Stat. § 645.16 (2010); Weiler v. Ritchie, 788 N.W.2d 879, 884 (Minn. 2010). When a court attempts to interpret a statute, it must not do so by examining its provisions in isolation. Rather, a statute must be considered, "as a whole." State v. Gaiovnik, 794 N.W.2d 643, 647 (Minn. 2011). Furthermore, "words and sentences are understood... in the light of their context." Irl., citing Christensen v. I-lennepin Transp. Co., Inc., 215 Minn. 394, 409, 10 N.W.2d 406, 415 (1943), "A statute should be interpreted, whenever possible, to give effect to all of its provisions, and `no word, phrase, or sentence should be deemed superfluous, void, or insignificant."' State v. Larivee, 656 N.W.2d 226, 229 (Minn. 2003) citing Baker v. Ploetz, 616 N.W.2d 263, 269 (Minn. 2000) (quoting Amaral v. Saint Cloud flosp., 598 N.W.2d 379, 384 (Minn. 1999). M 27 Read together, Minn. Stat. § 144.417, subd. 4(a) and 4(b) clearly express the legislature's intent to allow local jurisdictions to ban smoking in tobacco shops. While it is trne that subd. 4(a) refers only to "more stringent measures," subd. 4(b) recognizes that "more stringent measures" can include prohibition. Subd. 4(b) provides, `Except as provided in sections .144.411 to 144.417, smoking is permitted outside of restaurants, bars, and bingo halls unless limited or prohibited by restrictions adopted in accordance with paragraph (a),"(Emphasis added). Thus, the legislature clearly intended the phrase "more stringent measures" to include a smoking ban. The regulation of the sale and use of tobacco products .has long been viewed by Minnesota courts as a proper exercise of municipal level regulation. See State v. Crabiree Co., 218 Minn. 36, 15 N.W.2d 98 (1944). By enacting Minn. Stat. § 144,4I7, subd. 4, the Minnesota Legislature intended to allow municipalities such as St. Anthony to enact complete bans on activities otherwise allowed as exceptions to the Indoor Clean Air Act. N 28 THIS PAGE LEFT INTENTIONALLY BLANK CITY OF ST. ANTHONY RESOLUTION 12-039 RESOLUTION TO APPROVE A REQUEST TO KEEP NO MORE THAN FIVE FEMALE CHICKENS IN AN R-1 ZONING DISTRICT AT 3013 29°i AVENUE NE WHEREAS, Staff received a request from Eric Moore, 3013 29°i Avenue NE, about whether or not the City allows chickens in the residential zoning district; and WHEREAS, The City of St. Anthony Code of Ordinances, Section 91.56,Keeping of Certain Animals, specifies that livestock, including chickens, require approval from the City Council; and WHEREAS, Eric Moore has submitted a written request to keep chickens for approval from the City Council, as outlined in Subsection 91.56; and WHEREAS, Eric Moore has submitted a diagram of the location of the coop that will house the chickens; and WHEREAS, Hennepin County Environmental Health Division has stated that this matter is within the City's jurisdiction and authority; and NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of St. Anthony approves the request to keep no more than five (5) female chickens in an R -I Zoning District at 3013 29°i Avenue NE Adopted this 2701 day of March, 2012. ATTEST: City Clerk Reviewed for administration: Mayor City Manager M, 30 THIS PAGE LEFT INTENTIONALLY BLANK Ka Report Date: Meeting Date: March 27, 2012 March 27, 2012 Agenda Section: VI.A. ITEM DESCRIPTION: Resolution 12-039; Approving a Request to Keep No More than Five Female Chickens in an R-1 Zoning District at MANAGER'S REVIEW: 3013 29th Avenue NE Staff received an inquiry from Mr. Eric Moore asking what was required to allow him to have chickens in his backyard. Mr. Moore was provided information as stated in City Ordinance 91.56 and was given instructions about the approval process with the City Council. Mr. Moore submitted his request to allow chickens in his backyard as well as a diagram of the location of the chicken coop. These documents are provided for your review. 'Vd(�Al ly Mark Casey City Manager 31 32 Mark Casey - City Manager 3301 Silver Lake Rd St. Anthony, MN 55418 612-782-3311 mark easey a ci.saint-anthony.mn.us Dear Mark Casey and City Counsel, I am a neighbor and friend to John Cutler. You recently approved the Cutlers to have 5 chickens (liens). Our first thought was to share the hens with the Cutler family and keep them on their property. When I got home to my family and mentioned the approval. My 9 year old asked me why we can't have them on our property. In speaking to my wife who home schools my 3 children. We thought it would be a great opportunity to teach our children responsibility and an element to our home school. We have access to a chicken coupe and chicken wire for the "Run". I attached a drawing for our plan in our back yard. We are requesting 5 chickens "hens" to be secure within the coupe and run behind our garage at 3013 29°i Ave Ne. It's my understanding that the next agenda for the city counsel meeting is full. I was wondering if this could be placed on the March 27°i city counsel meeting? Thanks for your time and look forward to hearing from you. Sincerely, Eric Moore 3013 29°i Ave NE St, Anthony, MN 55418 612-781-7895 33 34 THIS PAGE LEFT INTENTIONALLY BLANK CERTIFICATION OF MINUTES RELATING TO $9,660,000 GENERAL OBLIGATION BONDS, SERIES 2012A Issuer: City of St. Anthony, Minnesota Governing Body: City Council Kind, date, time and place of meeting: A regular meeting held on March 27, 2012 at 7:00 o'clock P.M., at the City Hall, St. Anthony, Minnesota. Members present: Members absent: Documents Attached: Minutes of said meeting (including): Pages 1 through 24 RESOLUTION NO. 12-040 RESOLUTION AUTHORIZING ISSUANCE, AWARDING SALE, PRESCRIBING THE FORM AND DETAILS AND PROVIDING FOR'I'IIE PAYMENT OF $9,660,000 GENERAL OBLIGATION BONDS, SERIES 2012A 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. 2012. WITNESS my hand officially as such recording officer this day of March, Barb Suciu, City Clerk 35 36 It was reported that (_) proposals had been received prior to 11:00 A.M., Central Time today for the purchase of the $9,660,000 General Obligation Bonds, Series 2012A of the City in accordance with the Official Statement distributed by the City to potential purchasers of the Bonds. The proposals have been read and tabulated, and the terms of each have been determined to be as follows: Name of Bidder Bid for Interest Principal Rates [See Attached] Net Interest Cost 37 Councilmember then introduced the following resolution and moved its adoption: RESOLUTION NO. 12-040 RESOLUTION AUTHORIZING ISSUANCE, AWARDING SALE, PRESCRIBING THE FORM AND DETAILS AND PROVIDING FOR THE PAYMENT OF $9,660,000 GENERAL OBLIGATION BONDS, SERIES 2012A BE IT RESOLVED by the City Council of the City of St. Anthony, Minnesota (the "City"), as follows: Section 1. Authorization and Sale. 1.01. Authorization of Bonds. On November 8, 2011, this Council held a public hearing on the questions of approving the adoption of City of St. Anthony, Minnesota, Capital Improvement Plan for the Years 2011 'Through 2015 (the "Plan") and issuing general obligation capital improvement plan bonds in for the purpose of purchasing the public works facility and fire station (the "Facilities"), which Facilities are currently leased by the City from the Housing and Redevelopment Authority of the City of St. Anthony (the "Authority"). The Facilities were originally financed with proceeds of the Authority's $5,530,000 Public Facilities Lease Revenue Bonds, Series 2003 (City of St. Anthony Annual Appropriation Lease Obligations) dated, as originally issued, as of July 1, 2003 (the "Series 2003 Bonds"). This Council hereby determines that it is in the best interest of the City to issue its $9,660,000 General Obligation Bonds, Series 2012A (the "Bonds") for the purpose of (i) financing the cost of the 2012 road reconstruction project in the City (the "Improvements"); (ii) purchasing the Facilities and in connection with such purchase refunding in advance of maturity and prepaying on February 1, 2013 (the "Redemption Date") the 2013 through 2024 maturities, aggregating $3,875,000 in principal amount, of the Series 2003 Bonds (the "Refunded Series 2003 I3onds"); (iii) a crossover refunding on February 1, 2013 (the "Series 2006A Crossover Date") the 2014 through 2022 maturities, aggregating $1,890,000 in principal amount, of the City's General Obligation Improvement Bonds, Series 2006A, dated, as originally issued, as of April 1, 2006 (the "Refunded Series 2006A Bonds"); and (iv) a crossover refunding on February 1, 2014 (the "Series 2007A Crossover Date," together with the Series 2006A Crossover Date, the "Crossover Dates") the 2015 through 2023 maturities, aggregating $1,380,000 in principal amount, of the City's General Obligation Improvement Bonds, Series 2007A, dated, as originally issued, as of April 24, 2007 (the "Refunded Series 2007A Bonds;" together with the Refunded Series 2003 Bonds and the Refunded Series 2006A Bonds, the "Refunded Bonds"). The portion of the Bonds issued to finance the Improvements are referred to as the "Improvement Bonds." The portion of the Bonds issued to refund the Refunded Bonds are referred to as the "Refunding Bonds." The Redemption Date is the earliest date upon which the Refunded Series 2003 Bonds may be redeemed. The refunding of the Series 2006A Bonds and the Series 2007A Bonds constitutes a "crossover refunding" as defined in Minnesota Statutes, Section 475.17, subd. 13. The refunding of the Refunded Bonds is being carried out for the purposes described in Minnesota Statutes, Section 475.67, subdivision 3, subsection (b)(2)(i) and in compliance with Minnesota Statutes, Section 469.034, subdivision 2 and Chapter 475. This Council hereby determines to issue and sell the Bonds to defray the expense incurred and estimated to be incurred by the City in making the Improvements, refinance the Facilities and refund the Refunded Bonds, including every item of cost of the kinds authorized in Minnesota Statutes, Section 475.65. The Bonds are issued pursuant to Minnesota Statutes, Chapter 429 and Chapter 475. The allocation of the Bonds for the purpose of financing the Improvements and refunding the Refunded Bonds is set forth in Section 2.01 hereof. No petition requesting a vote on the question of adopting the Plan or issuing the Bonds has yet been filed. The sale of the Bonds to the Purchaser is hereby ratified on the terms provided herein, provided that no such petition is filed within thirty days of November 8, 2011. 1.02. Sale of Bonds. The City has retained Ehlers & Associates, Inc., an independent financial advisor, to assist the City in connection with the sale of the Bonds. The Bonds are being sold pursuant to Minnesota Statutes, Section 475.60, Subdivision 2, paragraph (9), without meeting the requirements for public sale under Minnesota Statutes, Section 475.60, Subdivision 1. Pursuant to the Terms and Conditions of Sale for the Bonds, U proposals for the purchase of the Bonds were received at or before the time specified for receipt of proposals. The proposals have been opened and publicly read and considered, and the purchase price, interest rates and true interest cost under the terms of each bid have been determined. The most favorable proposal received is that of of , and associates (the "Purchaser"), to purchase the Bonds at a price of $ the Bonds to bear interest at the rates set forth in Section 2.01. The proposal is hereby accepted, and the Mayor and the City Manager are hereby authorized and directed to execute a contract on the part of the City for the sale of the Bonds with the Purchaser. The good faith checks of the unsuccessful bidders shall be returned forthwith. 1.03. Savings. It is hereby determined that: (i) by the issuance of the Bonds to refund the Refunded Bonds, the City will realize a substantial interest rate reduction, a gross savings of approximately $ and a present value savings (using the yield on the Bonds, computed in accordance with Section 148 of the Internal Revenue Code of 1986, as amended (the "Code"), as the discount factor) of approximately $ ; and (ii) as of the Redemption Date and respective Crossover Date, the sum of (i) the present value of the debt service on the Bonds, computed to their stated maturity dates, after deducting any premium, using the yield of the Bonds as the discount rate, plus (ii) any expenses of the refunding payable from a source other than the proceeds of the Bonds or investment earnings thereon, is lower by % than the present value of the debt service on the Refunded Bonds, exclusive of any premium, computed to their stated maturity dates, using the yield of the Bonds as the discount rate. -2- 39 1.05. Performance of Requirements. 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, existing, having happened and having been performed, it is now necessary for this Council to establish the form and terms of the Bonds, to provide security therefor and to issue the Bonds forthwith. 1.06. Maturities. This Council finds and determines that the maturities of the Improvement Bonds, as set forth in Section 2.01 hereof, are warranted by the anticipated collection of the assessments to be levied for the cost of the Improvements. Section 2. Bond "terms; Registration; Execution and Delivery. 2.01. Maturities; Interest Rates-, Denominations; Payment. The Bonds shall be designated General Obligation Bonds, Series 2012A, shall be originally dated as of April 25, 2012, shall be in the denomination of $5,000 each, or any integral multiple thereof, shall mature on February 1 in the respective years and amounts stated below, and shall bear interest, computed on the basis of a 360 -day year consisting of twelve 30 -day months, from April 25, 2012 until paid or duly called for redemption at the respective annual rates set forth opposite such years and amounts, as follows: Year Amount Rate Year Amount Rate 2013 $310,000 2021 $890,000 2014 705,000 2022 905,000 2015 790,000 2023 700,000 2016 800,000 2024 545,000 2017 825,000 2025 155,000 2018 835,000 2026 160,000 2019 845,000 2027 165,000 2020 860,000 2028 170,000 [REVISE MATURITY SCI IEDULE FOR ANY TERM BONDS] The Bonds shall be issuable only in fully registered form. The interest thereon and, upon surrender of each Bond, the principal amount thereof, shall be payable by check or draft issued by the Registrar for the Bonds appointed herein. The portion of the Bonds maturing in the following years and amounts constitute the Refunding Bonds: -3- Me The portion of the Bonds maturing in the following years and amounts constitute the Improvement Bonds: Year Amount Series Series 2014 $135,000 Series Series 2015 Series 2003 2006A 2007A 2016 Series 2003 2006A 2007A 2017 Refunding Refunding Refunding 2018 Refunding Refunding Refunding Year Bonds Bonds Bonds Year Bonds Bonds Bonds 2013 $310,000 -- 2019 $340,000 $210,000 $155,000 2014 305,000 $265,000 -- 2020 345,000 210,000 160,000 2015 310,000 195,000 $150,000 2021 360,000 230,000 165,000 2016 315,000 200,000 150,000 2022 380,000 220,000 170,000 2017 325,000 205,000 155,000 2023 375,000 -- 170,000 2018 330,000 210,000 155,000 2024 390,000 -- The portion of the Bonds maturing in the following years and amounts constitute the Improvement Bonds: Year Amount Year Amount 2014 $135,000 2022 $145,000 2015 135,000 2023 150,000 2016 135,000 2024 155,000 2017 140,000 2025 155,000 2018 140,000 2026 160,000 2019 140,000 2027 165,000 2020 145,000 2028 170,000 2021 145,000 2.02. Interest Payment Dates. Each Bond shall be dated by the Registrar as of the date of its authentication. The interest on the Bonds shall be payable on February 1 and August 1 in each year, commencing February 1, 2013, to the owner of record thereof as of the close of business on the fifteenth day of the immediately preceding month, whether or not such day is a business day. 2.03. Registration. The City shall appoint, and shall maintain, a bond registrar, transfer agent and paying agent (the "Registrar"). 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 H 41 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 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 (except for an exchange upon a partial redemption of a Bond), 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 -5- W 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. 0) 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. 2.04. Appointment of Initial Registrar. The City hereby appoints Bond Trust Services Corporation in Roseville, Minnesota, as the initial Registrar. The Mayor and City Manager are authorized to execute and deliver, on behalf of the City, a contract with Bond Trust Services Corporation, as 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 any Registrar upon thirty (30) 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. On or before each principal or interest due date, without further order of this Council, the Finance Director shall transmit to the Registrar from the 2012A General Obligation Bonds Bond Fund described in Section 4.02 hereof, moneys sufficient for the payment of all principal and interest then due. 2.05. Redemption. Bonds maturing in the years 2013 through 2020 shall not be subject to redemption prior to maturity, but Bonds maturing in the years 2021 through 2028 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 by lot as to Bonds having the same maturity date, on February 1, 2020 and on any date thereafter (whether or not an interest payment date), at a price equal to the principal amount thereof and accrued interest to the date of redemption. [Bonds maturing on February 1, 20 are 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: Bonds Maturing on February 1, 20 Sinking Fund Aggregate Payment Date Principal Amount] -6- 43 Prior to the date set for redemption of any Bond prior to its stated maturity date, the City Finance Director shall cause notice of the call for redemption thereof to be published as required by law and, not more than sixty (60) and not fewer than thirty (30) days prior to the designated redemption date, shall cause notice of the call to be mailed to the registered holders of any Bonds to be redeemed at their addresses as they appear on the bond register described in Section 2.03 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. The notice of redemption shall specify the redemption date, redemption price, the numbers, interest rates and CUSIP numbers of the Bonds to be redeemed and the place at which the Bonds are to be surrendered for payment, which is the principal office of the Registrar. Official notice of redemption having been given as aforesaid, the Bonds or portions thereof 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 thereof shall cease to bear interest. Bonds in a denomination larger than $5,000 may be redeemed in part in any integral multiple of $5,000. The owner of any Bond redeemed in part shall receive without charge, upon surrender of such Bond to the Registrar, one or more new Bonds of such same series in authorized denominations equal in principal amount to the unredeemed portion of the Bond so surrendered. 2.06. Execution, Authentication and Delivery. behalf of the City by the signatures of the Mayor and the City Manager; provided that said signatures may be printed, engraved, or lithographed facsimiles thereof. 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 such officer had remained in office until delivery. Notwithstanding such execution, no Bond shall be 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 executed and authenticated, they shall be delivered by the City Manager 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. 2.07. Form of Bonds. The Bonds shall be typed or printed in substantially the following form: -7- UNITED STATES OF AMERICA STATE OF MINNESOTA COUNTIES OF HENNEPIN AND RAMSEY CITY OF ST. ANTHONY GENERAL OBLIGATION BOND, SERIES 2012A IZ Interest Rate REGISTERED OWNER PRINCIPAL AMOUNT: Maturity Date February 1, 20 CEDE & CO. Date of Original Issue April 25, 2012 CUSIP THOUSAND DOLLARS THE CITY OF ST. ANTHONY, Hennepin County, 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 sum specified above on the maturity date specified above, and to pay interest thereon from the date of original issue specified above, or the most recent interest payment date to which interest has been paid or provided for, at the annual rate specified above, payable on February 1 and August 1 in each year, commencing February 1, 2013 (each such date, an Interest Payment Date), to the person in whose name this Bond is registered at the close of business on the 15th day (whether or not a business day) of the month immediately preceding the payment date, all subject to the provisions referred to herein with respect to redemption of the principal of this Bond before maturity. The interest so payable on any Interest Payment Date shall be paid 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 calendar month next preceding such Interest Payment Date. 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, the principal hereof, are payable in lawful money of the United States of America by check or draft of Bond Trust Services Corporation, in Roseville, Minnesota, as Bond Registrar, Transfer Agent and Paying Agent (the "Bond Registrar"), or its successor designated under the Resolution described herein. 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 in the aggregate principal amount of $9,660,000, all of like date and tenor, except as to serial number, maturity date, interest rate, redemption privilege and denomination issued pursuant to a resolution adopted by the City Council on March 27, 2012 (the "Resolution"), to finance the 2012 road construction project of the City, to refinance certain capital projects as described in the City's Capital Improvement Plan, and to refinance costs of various street improvements in City, and is issued pursuant to and in full conformity with the provisions of the Constitution and laws of the State of Minnesota thereunto -8- 45 enabling, including Minnesota Statutes, Chapter 429 and Chapter 475. The Bonds are issuable only as fully registered bonds in denominations of $5,000 or any multiple thereof, of single maturities. The Bonds of this series are issuable only as fully registered Bonds, in denominations of $5,000 or any multiple thereof, of single maturities. Bonds of this issue maturing in 2020 and earlier years are payable on their respective stated maturity dates without option of prior payment, but Bonds having stated maturity dates in 2021 and later years are each subject to redemption and prepayment at the option of the City, in whole or in part, and if in part in such order as the City shall determine and by lot as to Bonds maturing on the same date, on February 1, 2020 and any date thereafter (whether or not an interest payment date), at a price equal to the principal amount thereof plus interest accrued to the date of redemption. [Bonds maturing in the year 20 shall be subject to mandatory redemption prior to maturity by lot pursuant to the mandatory sinking fund requirements of the Resolution on February 1 in the years and in the principal amounts set forth in the Resolution at a redemption price equal to the stated principal amount thereof to be redeemed plus interest accrued thereon to the redemption date, without premium.] At least thirty days prior to the date set for redemption of any Bond, notice of the call for redemption will be mailed to the Bond Registrar and to the registered owner of each Bond to be redeemed at his address appearing in the Bond Register, but no defect in or failure to give such mailed notice of redemption shall affect the validity of the proceedings for the redemption of any Bond not affected by such defect or failure. Oficial notice of redemption having been given as aforesaid, the Bonds or portions of the Bonds so to be redeemed shall, on the redemption date, become due and payable at the redemption price herein specified and from and after such date (unless the City shall default in the payment of the redemption price) such Bond or portions of Bonds shall cease to bear interest. Upon the 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. The Bonds have been designated by the City as "qualified tax-exempt obligations" pursuant to Section 265(b) of the Internal Revenue Code of 1986, as amended. 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. -9- 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 'frust 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. ITIS 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 pledged to the payment of the principal of and interest on the Bonds (a) special assessments on property specially benefited by the portion of the Bonds issued to finance or refinance various street improvement projects in the City and ad valorem taxes on all taxable property in the City, collectible in the years and amounts required to produce sums not less than 5% in excess of the principal of and interest on such portion of the Bonds as such principal and interest respectively become due, and has appropriated the same to the payment of such portion of the Bonds in the manner specified in Minnesota Statutes, Section 429.091, Subdivision 4, and (b) if necessary for payment of the principal and interest on this Bond, additional ad valorem taxes are required to be levied upon all taxable property in the City, without limitation as to rate or amount; and that the issuance of this Bond 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 described herein until the Certificate of Authentication hereon shall have been executed by the Registrar by manual signature of one of its authorized representatives. IN WITNESS WHEREOF, the City of St. Anthony, Hennepin and Ramsey Counties, Minnesota, by its City Council, has caused this Bond to be executed by the signatures of the Mayor and the City Manager and has caused this Bond to be dated as of the date set forth below. City Manager CITY OF ST. ANTHONY -10- Mayor CERTIFICATE OF AUTHENTICATION This is one of the Bonds delivered pursuant to the Resolution mentioned within. Date of Authentication: BOND TRUST SERVICES CORPORATION, Roseville, Minnesota, as Bond Registrar By Authorized Representative 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 applicable laws or regulations: TEN COM -- as tenants UTMA ................. Custodian ...................... in common (Cult) (Minor) under Uniform Transfers to Minors Act ................... TEN ENT -- as tenants (State) by entireties JT TEN -- as joint tenants with right of survivorship and not as tenants in common Additional abbreviations may also be used though not in the above list. ASSIGNMENT" FOR VALUE RECEIVED the undersigned hereby sells, assigns and transfers unto the within Bond and all rights thereunder, and hereby irrevocably constitutes and appoints attorney to transfer the within Bond on the books kept for registration thereof, with full power of substitution in the premises. Dated: -11- 47 PLEASE INSERT SOCIAL SECURITY OR OTHER IDENTIFYING NUMBER OF ASSIGNEE: NOTICE: The signature(s) to this assignment must correspond with the name as it appears upon the face of the within Bond in every particular, without alteration, enlargement or any change whatsoever. Signature(s) must be guaranteed by an "eligible guarantor institution" meeting the requirements of the Bond Registrar, which requirements include membership or participation in the Securities Transfer Association Medalion Program (STAMP) or such other "signature guaranty program" as may be determined by the Bond Registrar in addition to or in substitution for STAMP, all in accordance with the Securities Exchange Act of 1934, as amended. [End of Bond Form.] 2.08. Use of Securities Depository; Book -Entry Only System. The provisions of this Section shall take precedence over the provisions of Sections 2.01 through 2.07 to the extent they are inconsistent therewith. (a) The Depository Trust Company ("DTC") has agreed to act as securities depository for the Bonds, and to provide a Book -Entry Only System for registering the ownership interest of the financial institutions for which it holds the Bonds (the "DTC Participants"), and for distributing to such DTC Participants such amount of the principal and interest payments on the Bonds as they are entitled to receive, for redistribution to the beneficial owners of the Bonds as reflected in their records (the "Beneficial Owners"). (b) Initially, and so long as DTC or another qualified entity continues to act as securities depository, the Bonds shall be issued in typewritten form, one for each maturity in a principal amount equal to the aggregate principal amount of each maturity, shall be registered in the name of the securities depository or its nominee, shall be subject to the provisions of this Section 2.08, and no Beneficial Owner shall have the right to receive a certificate of ownership or printed Bond. While DTC is acting as the securities depository, the Bonds shall be registered in the name of the DTC's nominee, CEDE & CO; provided that upon delivery by DTC to the City and the Registrar of written notice to the effect that DTC has determined to substitute a new nominee in place of CEDE & CO., the words "CEDE & CO." in this Order shall refer to such new nominee of DTC. With respect to Bonds registered in the name of a securities depository or its nominee, the City and the Registrar shall have no responsibility or obligation to any DTC -12- Participant or Beneficial Owner with respect to the following: (i) the accuracy of the records of any securities depository or its nominee with respect to any ownership interest in the Bonds, (ii) the delivery to any DTC Participant or other person or any other person, other than DTC, of any notice with respect to the Bonds, including any notice of redemption, or (iii) the payment to any DTC Participant or any other person, other than DTC, of any amount with respect to the principal of or premium, if any, or interest on the Bonds. The Registrar shall pay all principal of and premium, if any, and interest on the Bonds only to or upon the order of DTC, and all such payments shall be valid and effective to fully satisfy and discharge the City's obligations with respect to the principal and interest on the Bonds to the extent of the sum or sums so paid. So long as the Book -Entry Only System is in effect, no person other than DTC shall receive an authenticated Bond. (c) Upon receipt by the City and the Registrar of written notice from the securities depository to the effect that it is unable or unwilling to discharge its responsibilities under the Book -Entry Only System, the Registrar shall issue, transfer and exchange Bonds of the initial series as requested by the securities depository in appropriate amounts, and whenever the securities depository requests the City and the Registrar to do so, the City and the Registrar shall cooperate with the securities depository in taking appropriate action after reasonable notice (i) to arrange for a substitute depository willing and able, upon reasonable and customary terms, to maintain custody of the Bonds, or (ii) to make available Bonds registered in whatever name or names the Beneficial Owner registering ownership transferring or exchanging such Bonds shall designate, in accordance with clause (f) or clause (g) below, whichever is applicable. (d) In the event the City determines that it is in the best interests of the Beneficial Owner that they be able to obtain printed I3onds, the City may so notify the securities depository and the Registrar, whereupon the securities depository shall notify the Beneficial Owners of the availability through the securities depository of such printed Bonds. In such event, the City shall cause to be prepared and the Registrar shall issue, transfer and exchange the printed Bonds fully executed and authenticated, as requested by the securities depository in appropriate amounts and, whenever the securities depository requests, the City and the Registrar shall cooperate with the securities depository in taking appropriate action after reasonable notice to make available printed Bonds registered on the Bond Register in whatever name or names the Beneficial Owners entitled to receive Bonds shall designate, in accordance with clause (f) or clause (g) below, whichever is applicable. (e) Notwithstanding any other provisions of this Resolution to the contrary, so long as any Bond is registered in the name of a securities depository or its nominee, all payments of principal and interest on the Bond and all notices with respect to the Bond shall be made and given, respectively, to the securities depository. (f) In the event that the Book -Entry Only System established pursuant to this Section is discontinued, except as provided in clause (g), the Bonds shall be issued through the securities depository to the Beneficial Owners. (g) In the event of termination of the Book -Entry Only System, the City shall have the right to terminate, and shall take all steps necessary to terminate, all arrangements with 13- 50 the securities depository described herein, and thereafter shall issue, register ownership of, transfer and exchange all Bonds as provided in Section 2.03. Upon receipt by the securities depository of notice from the City, the securities depository shall take all actions necessary to assist the City and the Registrar in terminating all arrangements for the issuance of documents evidencing ownership interests in the Bonds through the securities depository. Nothing herein shall affect the securities depository's rights under clause (c) above. Section 3. Escrow Account and Use of Proceeds. 3.01. Escrow Account. The City Manager is hereby authorized and directed, simultaneously with the delivery of the Bonds, to deposit the proceeds thereof, to the extent described below, in escrow with U.S. Bank National Association, in St. Paul, Minnesota (the "Escrow Agent"), a banking institution whose deposits are insured by the Federal Deposit Insurance Corporation and whose combined capital and surplus is not less than $500,000, and shall invest the funds so deposited in securities authorized for such purpose by Minnesota Statutes, Section 475.67, subdivision 8, maturing on such dates and bearing interest at such rates as are required to provide funds sufficient, with cash retained in the escrow account, to make the above-described payments. The Mayor and City Administrator are hereby authorized to enter into an Escrow Agreement with the Escrow Agent for the Refunded Bonds establishing the terms and conditions for the escrow account in accordance with Minnesota Statutes, Section 475.67. 3.02. Use of Proceeds. Upon payment for the Bonds by the Purchaser, the City Manager shall deposit and apply the proceeds of the Bonds as follows: (a) $ shall be deposited in the Series 2012 Construction Fund created pursuant Section 5.01 hereof, (b) $ shall be deposited in the Escrow Account established with the Escrow Agent under an Escrow Agreement between the City, the Authority and the Escrow Agent (the "Escrow Agreement"), the funds so deposited, together with funds of the City in such amount as may be required, to be invested in securities authorized for such purpose by Minnesota Statutes, Section 475.67, subdivision 13, maturing on such dates and bearing interest at such rates as are required to provide funds sufficient, with cash retained in the escrow account, (i) to pay all interest to become due on the Series 2003 Refunding Bonds to and including the Redemption Date; (ii) to pay all interest to become due on the portion of the Bonds issued to refund the Series 2006A Refunding Bonds to and including the Series 2006A Crossover Date; (iii) to pay all interest to become due on the portion of the Bonds issued to refund the Series 2007A Refunding Bonds to and including the Series 2007A Crossover Date; (iv) to pay and redeem the outstanding principal of the Refunded Series 2003 Bonds on the Redemption Date; (v) to pay and redeem the outstanding principal of the Refunded Series 2006A Bonds on the Series 2006A Crossover Date, and (vi) to pay and redeem the outstanding principal of the Refunded Series 2007A Bonds on the Series 2007A Crossover Date; (c) $ shall be used to pay issuance expenses of the Bonds; and -14- 61 4.02 hereof. (d) S shall be deposited in the Bond Fund created pursuant to Section Section 4. Security Provisions. 4.01. General Obligation Bonds, Series 2012A Construction Fund. There is hereby established in the official books and records of the City, a separate General Obligation Bonds, Series 2012A Construction Fund (the "Series 2012 Construction Fund"). The City hereby appropriates to the Series 2012 Construction Fund all proceeds of the Bonds received from the Purchaser allocated to the Improvement Bonds and to pay the issuance costs of the Improvement Bonds pursuant to Section 7 hereof. The Series 2012 Construction Fund shall be used solely to defray expenses of the Improvements, including but not limited to the transfer to the Bond Fund, created in Section 4.02 hereof, of amounts sufficient for the payment of interest, due upon the Bonds prior to the completion of the Improvements and the payment of the expenses incurred by the City in connection with the issuance of the Improvement Bonds. Upon completion and payment of all costs of the Improvements, any balance of the proceeds of Improvement Bonds remaining in the Series 2012 Construction Fund may be used to pay the cost, in whole or in part, of any other improvements, as directed by the City Council, but any balance of such proceeds not so used shall be credited and paid to the Bond Fund. 4.02. General Obligation Bonds, Series 2012A Bond Fund. The Bonds shall be payable from a separate General Obligation Bonds, Series 2012A Bond Fund (the "Bond Fund") which the City agrees to maintain until the Bonds have been paid in full. If the moneys in the Bond Fund should at any time be insufficient to pay principal and interest due on the Bonds, such amounts shall be paid from other moneys on hand in other funds of the City, which other funds shall be reimbursed therefor when sufficient moneys become available in the Bond Fund. The moneys on hand in the Bond Fund from time to time shall be used only to pay the principal of and interest on the Bonds. Into the Bond Fund shall be paid: (a) the amounts appropriated thereto pursuant to the Escrow Agreement to pay a portion of the interest on the Bonds; (b) all collections of special assessments levied on property specially benefited by the improvement projects financed and refinanced by the Bonds; (c) ad valorem taxes levied and collected in accordance with the provisions of Section 4.04 hereof; (d) all excess amounts on deposit in the debt service fund maintained for the payment of the Refunded Bonds upon the retirement of the Refunded Bonds on the respective Crossover Dates; and (e) any other funds appropriated by the Council for the payment of the Bonds. 4.03. Levy of Special Assessments. For the payment of the cost of each of the Improvements and each of the improvements refinanced by the Series 2006A Bonds and the Series 2007A Bonds the City has or will levy special assessments against all assessable lots, tracts and parcels of land benefited thereby and located within the area proposed to be assessed therefor, based upon the benefits received by each such lot, tract or parcel, in an aggregate principal amount not less than twenty percent (20%) of the cost of the improvements. The City hereby covenants and agrees that for payment of the cost of each of the Improvements and each of the improvements refinanced by the Series 2006A Bonds and the Series 2007A Bonds it will do and perform all acts and things necessary for the full and valid levy of special assessments against all assessable lots, tracts and parcels of land benefited thereby and located within the area -15- 52 proposed to be assessed therefor, based upon the benefits received by each such lot, tract or parcel, in an aggregate principal amount not less than twenty percent (20%) of the cost of the Improvements and each of the improvements refinanced by the Series 2006A Bonds and the Series 2007A Bonds. In the event that any such assessment shall be at any time held invalid with respect to any lot, piece or parcel of land, due to any error, defect or irregularity in any action or proceeding taken or to be taken by the City or this Council or any of the City's officers or employees, either in the making of such assessment or in the performance of any condition precedent thereto, the City and this Council hereby covenant and agree that they will forthwith do all such further acts and take all such further proceedings as may be required by law to make such assessments a valid and binding lien upon such property. 4.04. Ad Valorem Taxes. The full faith and credit and taxing powers of the City are irrevocably pledged for the prompt and full payment of the principal of and interest in the Bonds as the same become respectively due. In order to produce, together with the anticipated collections of the special assessments levied with respect to the Improvements and each of the improvements refinanced by the Series 2006A Bonds and the Series 2007A Bonds, aggregate amounts not less than 5% in excess of the 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 to be levied and collected in the following years and amounts: Lever Collection Years Amount SEE ATTACHED SCHEDULE This tax shall be irrevocably appropriated to the Bond Fund as long as any of the Bonds are outstanding and unpaid; provided that the City reserves the right and power to reduce the levies in the manner and to the extent permitted by Minnesota Statutes, Section 475.61. 4.05. Full Faith and Credit Pledged. The full faith and credit of the City are irrevocably pledged for the prompt and full payment of the principal of and the interest on the Bonds, and the Bonds shall be payable from the Bond Fund in accordance with the provisions and covenants contained in this resolution. It is estimated that the taxes and special assessments levied and to be levied for the payment of the Improvements will be collected in amounts not less than five percent (5%) in excess of the annual principal and interest requirements of the Bonds. If the money on hand in the Bond Fund should at any time be insufficient for the payment of principal and interest then due, this City shall pay the principal and interest out of any fund of the City, and such other fund or funds shall be reimbursed therefor when sufficient money is available to the Bond Fund. If on February I in any year the sum of the balance in the Bond Fund plus the amount of taxes and special assessments theretofore levied for the Improvements and collectible through the end of the following calendar year is not sufficient to pay when due all principal and interest become due on all Bonds payable therefrom in said following calendar year, or the Bond Fund has incurred a deficiency in the manner provided in this Section 4.04, a direct, iirepealable, ad valorem tax shall be levied on all taxable property within the corporate limits of the City for the purpose of restoring such accumulated or anticipated deficiency in accordance with the provisions of this resolution. -16- 53 Section 5. 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 holders of the Bonds shall cease. The City may discharge its obligations with respect to any Bonds which are due on any date by 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, interest and redemption premium, if any, which are 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 a bank qualified by law as an escrow agent for this purpose, cash or securities which are authorized by law to be so deposited, bearing interest payable at such time and at such rates and maturing or callable at the holder's option on such dates as shall be required to pay all principal, interest and redemption premiums to become due thereon to maturity or said redemption date. Section 6. County Auditor Registration, Certification of Proceedings, Investment of Money, Arbitrage and Official Statement. 6.01. County Auditor Registration. The City Clerk is hereby authorized and directed to file a certified copy of this Resolution with the County Auditors of Hennepin and Ramsey County, together with such other information as the County Auditor shall require, and to obtain from each County Auditor a certificate that the Bonds have been entered on his bond register as required by law. 6.02. Certification of Proceedings. The officers of the City and the County Auditors of Hennepin and Ramsey Counties are hereby authorized and directed to prepare and furnish to the Purchaser and to Dorsey & Whitney LLP, Bond Counsel to the City, certified copies of all proceedings and records of the City, 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 under their custody and control or as otherwise known to them, and all such certified copies, certificates and affidavits, including any heretofore furnished, shall be deemed representations of the City as to the facts recited therein. 6.03. 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 action which would cause the interest payable on the Bonds to become subject to taxation under the Internal Revenue Code of 1986, as amended (the "Code") and Regulations promulgated thereunder (the "Regulations") as are enacted or promulgated and in effect on the date of issuance of the Bonds, 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. The facilities financed and refinanced by the Bonds shall at all times during the term of the Bonds be owned and maintained by the City and the City shall not enter into any lease, use agreement, management agreement, capacity agreement or other agreement or -17- 54 contract with any nongovernmental person relating to the use of the facilities financed by the Bonds, 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. 6.04. Arbitrage Certification. The Mayor and the 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 certification in accordance with the provisions of Section 148 of the Code, and the 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. 6.05. Arbitrage Rebate. The City shall take such actions as are required to comply with the arbitrage rebate requirements of paragraphs (2) and (3) of Section 148(f) of the Code. 6.06. Interest Disallowance. The City hereby designates the Bonds as "qualified tax-exempt obligations" for purpose of Section 265(b) of the Code relating to the disallowance of interest expenses for financial institutions. The City represents that in calendar year 2012 it does not reasonable expect to issue 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 purposes of this representation) in an amount in excess of $10,000,000, excluding any tax- exempt obligations which are refundings of a "qualified tax-exempt obligation" which are not taken into account for this purpose under Section 265(b)(3)(D)(ii) of the Code. 6.06. Official Statement. The Official Statement relating to the Bonds, dated March 15, 2012, prepared and distributed on behalf of the City by Ehlers and Associates, Inc., is hereby approved. Ehlers and Associates, Inc. is hereby authorized of behalf of the City to prepare and distribute to the Purchaser a supplement to the Official Statement listing the offering price, the interest rates, other information relating to the Bonds required to be included in the Official Statement by Rule 15c2-12 adopted by the Securities and Exchange Commission under the Securities Exchange Act of 1934. Within seven business days from the date hereof, the City shall deliver to the Purchaser a reasonable number of copies of the Official Statement and such supplement. 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. 6.07. Reimbursement. The City certifies that the proceeds of the Improvement Bonds will not be used by the City to reimburse itself for any expenditure with respect to the financed facilities which the City paid or will have paid more than 60 days prior to the issuance of the Improvement 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 a declaration of official intent shall not be required (i) with respect to certain de minimis expenditures, if any, with respect to the financed facilities meeting the requirements of Section 1.150-2(0(1) of the Regulations, or (ii) with respect to "preliminary expenditures" for the financed facilities as defined in Section 1.150-2(f)(2) of the Regulations, -18- 55 including engineering or architectural expenses and similar preparatory expenses, which in the aggregate do not exceed 20% of the "issue price" of the Improvement Bonds. Section 7. 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 original purchaser and other participating underwriters in the primary offering of the Bonds to comply with amendments to Rule 15c2-12 promulgated by the Securities and Exchange Commission (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 (as hereinafter defined). 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 6, 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 6, including an action for a writ of mandamus or specific performance. Direct, indirect, consequential and punitive damages shall 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 6 constitute a default under the Bonds or under any other provision of this resolution. As used in this Section 6, "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 (b) is treated as the owner of the Bond for federal income tax purposes. As used herein, "Outstanding " means when used with reference to Bonds means all Bonds which have been issued and authenticated by the Registrar except (i) Bonds which have been paid in full (ii) Bonds which have been cancelled by the Registrar or surrendered to the Registrar for cancellation and (iii) Bonds which have been discharged as provided in Section 5 hereof. (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: -19- 56 (1) on or before 365 days after the end of each fiscal year of the City, commencing with the fiscal year ending December 31, 2012 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 generally accepted accounting principles 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 set forth below, which information may be unaudited, but is to be certified as to accuracy and completeness in all material respects by the fiscal officer of the City, to the best of his or her knowledge, which certification may be based on the reliability of information obtained from governmental or other third party sources: Current Property Valuations; Direct Debt; Tax Levies and Collections; Population Trend; Employment/Unemployment. 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 each of the repositories hereinafter referred to under subsection (b) or the SEC. If the document incorporated by reference is a final official statement, it must be available from the Municipal Securities Rulemaking Board. The City shall clearly identify in the Disclosure 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) of this subsection (b)), then, from and after such determination, -20- 57 the Disclosure Information shall include such additional specified data regarding the replacement operations. If the Disclosure Information is changed or this Section 6 is amended as permitted by this paragraph (I) 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, notice of the occurrence of any of the following events which is a Material Fact (as hereinafter defined): (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 or events affecting the tax-exempt status of the security; (G) Modifications to rights of security holders; (H) Bond calls; (I) Defeasances; (J) Release, substitution, or sale of property securing repayment of the securities; (K) Rating changes; (L) Bankruptcy, insolvency, receivership or a similar event with respect to the City; (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. As used herein, a "Material Fact" is a fact 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, a "Material Fact" is also 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. -21- (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 (1) of this subsection (b) at the time specified thereunder; (B) the amendment or supplementing of this Section 6 pursuant to subsection (d), together with a copy of such amendment or supplement and any explanation provided by the City under paragraph (2) of subsection (d); (C) the termination of the obligations of the City under this Section 6 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. (c) Manner of Disclosure. The City agrees to make available the information described in subsection (b) as follows: (1) The City agrees to make available to the MSRB, in an electronic format as prescribed by the MSRB from time to time, 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 6 shall remain in effect so long as any Bonds are Outstanding. Notwithstanding the preceding sentence, however, the obligations of the City under this Section 6 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 6 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 6 (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 (3) of subsection (b)) 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 _22_ 59 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 6 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 fol the amendment and the effect, if any, of the change in the type of financial information or operating data being provided hereunder. (3) This Section 6 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. Section 7. 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 Klein Bank, on the closing date for further distribution as directed by the City's financial advisor, Ehlers & Associates, Inc. Section 8. Redemption of Refunded Bonds. The City Manager is hereby directed to advise Wells Fargo Bank, National Association, Minneapolis, Minnesota, as paying agent for the Refunded Bonds, to call such bonds for redemption and prepayment on the Redemption Date and the Crossover Dates, respectively, and to give thirty days mailed Notice of Redemption, all in accordance with the provisions of the resolutions authorizing the issuance of such bonds. -23- NO Adopted this 27°i day of March, 2012. Mayor City Clerk The motion for the adoption of the foregoing resolution was duly seconded by Councilmember voted in favor thereof: and the following voted against the same: and upon vote being taken thereon, the following whereupon said resolution was declared duly passed and adopted. -24- 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 March 27, 2012, by the City Council of the City of St. Anthony, Minnesota, setting forth the form and details of an issue of $9,660,000 General Obligation Bonds, Series 2012A, dated as of April 25, 2012. I further certify that said Bonds have been entered on my bond register and the tax required by law for payment of the Bonds has been levied and filed, as required by Minnesota Statutes, Sections 475.61 to 475.63. WI`INESS my hand and official seal this day of April, 2012. County Auditor (SEAL) 61 IS 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 March 27, 2012, by the City Council of the City of St. Anthony, Minnesota, setting forth the form and details of an issue of $9,660,000 General Obligation Bonds, Series 2012A, dated as of April 25, 2012. I further certify that said Bonds have been entered on my bond register and the tax required by law for payment of the Bonds has been levied and filed, as required by Minnesota Statutes, Sections 475.61 to 475.63. (SEAL) WITNESS my hand and official seal this day of April, 2012. County Auditor km St. Anthony Village Liquor Operations Background The City of St. Anthony owns and operates two Off -Sale Liquor Stores. St Anthony Marketplace Store is located at 2700 Highway 88. The Silver Lake L/illage Store is located at 2602 39th Av Background (cont.) The operation employs a Liquor Operations Manager, Assistant Operations Manager and a Store Manager. we also employ a Full Time Lead Clerk and 25 Part Time Sales Clerks. Mission Statement Our goal is to control the sale of beverage alcohol to minors and intoxicated persons while simultaneously generating revenue for the community, in accordance with city, state and county liquor laws and ordinances. ig The Value of a Municipal Liquo Operation Control the Sale of Alcohol. p Generate Revenue for the Community. Our Profits are used for: • Reducing the Property Tax Levy. • Providing Funds for Special Projec • Providing Funds for Equipment Purchases for Police, Fire and Public Works. The Liquor Operation successfully passed all of the alcohol and tobacco compliance checks performed by the Police Department. 2011 Summary of Sales , Marketplace sales were $3,828,457. Silver Lake Village sales were $371673114. Overall sales increase of $167,873 or 2.46% to $6,995,172. r Net profit of $471,247 (unaudited). Breakdown of Sales Marketplace store ; had 172,234 sales. Average sale amount was $22.22. it Silver Lake Village store had 149,90340 sales. Average sale amount was $21.13. Mix & Misc. $194,025 3% Sales by Category $1,897,1703, 27%9! I Spirits ' 2, 29°J855 41% 5 Year Profit History $480,000 $460,000 $455,574 $440,000 $420,000 $400,000 $380,000 - $360,000 2007 $4 5 $470,364 $465.798 $471,247 2008 2009 2010 2011 9 67 Auditor's Report/State Averages Operating Expenses St. Anthony State Avg. . 2011 16.5% NIA . 2010 16.2% N/A . 2009 16.0% 17.0% . 2008 17.0% 17.9% . 2007 15.9% 18.6% . 2006 16.0% 18.0% 02005 16.1% 17.9% . 2004 17.8% 17.9% Comparison/Bench marks Turn Ratio = 8.12 X Per Year I Inventory Value = 11% of Total Sales Labor Costs = 9% of Total Sales Sales Per Square Foot = $764.00 Ranked 7t" in the State in Total Sales Ranked 6th in Metro Area in Net Profits Guest Appearances & Events r, n Customer Survey Employee Relations, Store Appearance, Product Selection: 92% Excellent or Good Overall Rating Why do our Customers shop at our stores? Convenience/Location 50% Selection 25% E- Prices/Sales/Coupons 15% ._- Friendly Staff 10% 80% Aware that our profits reduce taxes. Web Site 1NWW. stanthonyvillagewine andspirits.com 72 10 St Anthony Village 2011 Public Works Annual Report Public Works Mission Statement The Mission of the Public Works Department is to provide effective and efficient design, construction operation and maintenance of the Cigr's infrastructure. The Public Works Department is organized into 5 divisions. "These divisions work together to coordinate services and to enhance the quality of life to our residents, businesses and visitors by providing safe, reliable and cffcctive service consistent with the vision and goals of the community. Public Works Department 1 I'ultL� \\iu1.; I)ia.k.1 r Ptil)hc Vbrks 1u ��•rintcncicnl' ["n.- ' I,CItder Darla 11,i�. r;`4�ccc \'chicle Swel \\linlettlaie l)ietsirn, f)ic�a181 w i4uilstiq I )icision t )" w,.n .111 G I'.t phh yccx ; — 1 I .ml�lueccs 1?mlilocccs [�'ml,f�n<'�'' I.n,hl�nce Department _activities Street Division ParksDivision City Buildings ............ ---, . ... ............ water/Sewer Vehicle Division Division. Street Di*vl*si*on • Street S\vccping (11 total) • Asphalt repairs total 98 tons • Snow & Ice Control 2011/2012 (12 full cite plowing events) - Salt usage w 100 tons - Salt brine — 3245 gallons - No sand was used Parks Division • City Parks Emerald Park - Centnit Park - Tower Park - Silver Point Park - Trillunl P;trk 0 Storm Vmer Retention Ponds • Storm Water Ditch Lines and Coity O\ ned Properties • 2011 Sk.iting Season closed clue to unsuasonalJly \.varmweather Water/Sewer Division -- I IN-drant blushing Utility Truck is nooI set up with a tough hook computer to aid the crew with having maps & records on hand for better efftcicncy to du their wo rk Water main repairs service leaks 10 Water main breaks Vehicle Maintenance Division New purchases - pool cat for winter use (anti - icing & clearing sidewalks) Summer use (maintaining Nall fields, dirt work, groUnd mainten:mce) - Tarn 360 — Dual purpose machine for mowing (ILImntcr use) & snow blowing for winter use 2011 Public Works Department Trainin • Annual OSFIA • First Aid/CPI • RIS LMO Turf 'Maintenance held on July 20 • Competent Person Training; {joint with City of Columbia F Ieig;hts) • L MCIT — Safety Loss Work=shop on April 20 & 28 Street & Utility Improvement Program 2011 Street & Utility Project in • Streets - Belden Drive - Coolidge Street - Harding Street - Edward Street - 36"' Ave to 37'x' A% -c • Sidewalks - 39"' Ave Silver Lake Road to \ lacalaster Drive Review 2012 Street & Utility Improvement Program • Belden Drive from 34t" Ave to 3611' Ave • Coolidge Street from 3411' Ave to 36111 Ave • 351' kve from Harding Street to Belden Drive .y N V '1 e:+ rs 1 2012 Street & Utility Improvement Program • Belden Drive from 34t" Ave to 3611' Ave • Coolidge Street from 3411' Ave to 36111 Ave • 351' kve from Harding Street to Belden Drive 79 Sidewalk and Street Lighting Program No Projects Scheduled for 2012 2012 LED Pedestrian Safety Enhancements • Flashing; Step Sign at 29'l' Ave & Crestview Drive • Future: 33,a 1ve & Rankin Road • In Pavement Cross- walks at 34111 Ave & Silver Lake Read Kenzie Terrace at Pentagon Drive 2011 Project Awards and Grants • 2011 - Recognized at I,1IC Conference As a Step 2 Cite • 2012 - Work Toward Step 3 bevel 2012 and Beyond • t.(ftl[InIIC �17Ch Plll)I1C ,,tea,.>__a.--..,-.�. ►' Improvements • Annual Street Maintenance cue Reconstruction Program • 1.o��•n-'l'resttmcnt 51•stctn — $il,-cr ],ake "C1II?L, — Phosphorus Reduction Ilan • Silver I.ake/Nlirror lake redsiog 2012 Upcoming Events Annual CitZvide Clem --Ute Day • May 5, 2012 From gam to Noon at PW Facility Curbside Branch Chug • may 14, 15, 16, 2012 Citywide .Hydrant Flushing • May 21, 22, 23, 24, 2012 2012 VillageFest at Central Park • august 3, 4, 5, 2012 Questions FUTURE COUNCIL AGENDA ITEMS 3/27/2012 Meeting Meeting Items/Issues Staff present Date Type April 2 SPECIAL WORKSISSION City Council 5:30 pm City Manager Utility Rates Increase City ne 1st Quarter Goals Update r City Manager April 10 Regular Support of MN GreenCorps Host Site Applications Stacie Ehlers Preliminary Review of Purchase Agreement/ Development Finaance Director Finance Agreement Dominium -HRA informational only April 16 SPECIAL WORKSESSION City Council 5:30 pm City Manager Planning Commission Items from April 17 City Council April 24 Regular Public Hearing on 2013 Budget City Manager Approval of Purchase Agreement/ Development Agreement - Finance Director Council &HRA May 7 SPECIAL WORKSESSION City Council 5:30 pm 2013 Budget & Evaluate Capital Equipment Needs City Manager May 8 Regular Presentation by University of Minnesota Students City Council City Manager May 15 Regular Planning Commission Items from May 15 City Council City Manager 2011 Audit Presentation City Council June 12 Regular City's Insurance Renewal City Manager Finance Director's Annual Report Finance Director June 26 Regular Planning Commission Items from June 19 City Council City Manager July 10 Regular Approval of Elections Judges for Primary Election City Council City Manager July 24 Regular Planning Commission items from July 17 City Council Nite to Unite Proclamation City Manager HOUSING AND REDEVELOPMENT AUTHORITY AGENDA CITY OF ST. ANTHONY March 27, 2012 Call to Order. Roll Call. 1. Approval of March 27, 2012, H.R.A. Agenda. II. 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 event the item will be removed from the Consent Agenda and placed elsewhere on the agenda. A. Approve March 13, 2012, H.R.A. Minutes. (pp. 1-2) III. Public Hearings. IV. General Policy of Business of the H.R.A. A. Resolution 12-005; Related to Public Facilities Lease Revenue Bonds, Series 2003 (City of St. Anthony Annual Appropriation Lease Obligations): Approving the Redemption Thereof and the Execution of an Escrow Agreement with Respect Thereto. Stacie Kvilvang, Ehlers & Associates is presenting. (pp. 3-4) V. Staff Reports. VI. H.R.A. Commissioner Comments. VII. Information and Announcements. VIII. Adjournment. FACouncil Meelingsl201210327201MRA agenda.docx 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 CITY OF ST. ANTHONY HRA REGULAR MEETING MINUTES MARCH 13, 2012 .17�\ /1111ICIZ1 ' 1 ' Chair Faust called the meeting to order at 7:55 p.m. ROLL CALL. Commissioners present: Chair Faust; Commissioners Gray, Jenson, Stille, and Roth. Commissioners absent: None. Also Present: Executive Director Mark Casey. L APPROVAL OF MARCH 13, 2012, HRA MEETING AGENDA Motion by Commissioner Jenson, seconded by Commissioner Gray, to approve the March 13, 2012, Housing and Redevelopment Authority Agenda as presented. IL CONSENT AGENDA. Motion by Commissioner Roth, seconded by Commissioner Jenson, to approve the Consent Agenda, which consisted of: A. H.R.A. Meeting Minutes of February 14, 2012; and B. Claims. III. PUI3LIC HEARINGS. None. IV. GENERAL POLICY OF BUSINESS OF THE H.R.A. None. V. STAFF REPORTS None. VI. H.R.A. COMMISSIONER COMMENTS None. VII. INFORMATION AND ANNOUNCEMENTS None. Motion carried unanimously. 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 214ousing and Redevelopment Authority Meeting Minutes March 13, 2012 Page 2 VIII. ADJOURNMENT Chair Faust adjourned the meeting at 7:56 p.m. Respectfully submitted, Barbara Hughes TimeSaver Off Site Secretarial, Inc. ATTEST: City Clerk Chair CERTIFICATION OF MINUTES RELATING TO PUBLIC FACILITIES LEASE REVENUE BONDS (CITY OF ST. ANTHONY, MINNESOTA LEASE OBLIGATION) SERIES 2003 Issuer: Housing and Redevelopment Authority of the City of St. Anthony Governing Body: Board of Commissioners Kind, date, time and place of meeting: A regular meeting held on March 27, 2012, at 7:00 o'clock p.m., at the City Hall, St. Anthony, Minnesota. Members present: Members absent: Documents Attached: Minutes of said meeting (including): Pages 1 through 4 RESOLUTION 12-005 RELATED TO PUBLIC FACILITIES LEASE REVENUE BONDS, SERIES 2003 (CITY OF ST. ANTHONY ANNUAL APPROPRIATION LEASE OBLIGATIONS); APPROVING THE REDEMPTION THEREOF AND THE EXECUTION OF AN ESCROW AGREEMENT WITH RESPECT THERETO I, the undersigned, being the duly qualified and acting recording officer of the pu0062lic 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 March , 2012. Executive Director