HomeMy WebLinkAbout2006-09-13 Set Agenda
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CITY COUNCIL MEETING
'Vednesday, September 13,2006
6:30 p.m.
Set Agenda = Red
COUNCIL MEETING
I. CALL TO ORDER
1. Roll Call
D. PUBLIC BEARINGS
ID. APPROVALOFAGENDA
IV. APPROVAL OF COUNCIL MINUTES
1. September 6, 2006 City Council Work Session Meeting Minutes (Page 1)
2. August 23, 2006 City Council Meeting Minutes (Pages 2-9)
V. CONSENT AGENDA
1. City of Centerville August 24, 2006 through September 13, 2006 Claims
(Page 10)
2. Centennial Fire District Claims through September 6, 2006 (Page 11)
3. Bonestroo - Block 7 Grading Plan & Utility Improvements (Hourly Rate,
Not to Exceed $6,500) (Grant Funded) (Page 12-13)
4. Bonestroo - CSAB 14 Reconstruction (Watermain Construction Re-Route
Design Along Main Street from Progress to GoitTon Road Not to Exceed
$5,000) (Page 14-15)
5. BurschviUe Construction, Inc. Pay Request #2 ($75,984.00 - Backage Road
& 21st Avenue Utility & Street Improvements) (Page 16-20)
6. Parks & Recreation Committee Recommendation to Appoint Mr. Kevin
Selander & Ms. Carrie Jakober to tbe Committee (page 21-23)
7. Parks & Recreation Committee Recommendation to Purchase Sod for the
Perimeter oftbe Play Structure at Laurie LaMotte Memorial Park- Not to
Exceed $2,000.00 (Page 24)
8. Arcade Aspbalt Proposal for Approach Ramp for Access to Play Structure
at Laurie LaMotte Memorial Park - Not to Exceed $1,350.00 (Page 25)
VI. A W ARDS/PRESENTATIONS/APPEARANCES
VII. OLD BUSINESS
1. Resolution #06-XXX - Approving tbe Preliminary 2007 Budget and Tax
Levy (Page 26-33)
2. Res. #06-X'\.\- Awarding Contnu'f to Ohon Se"n'r Servin>. Inc. to Install
'Yatennain on Westview Street
3. Res. #06-X.\.\ --hnuding Contract to Ro-So Contracting. Inr. to Provide
Demolition Senices at the Property Located at 707117073 Centrrville Road
vm. NEW BUSINESS
1. Resolution #06-XXX - Establishing an Economic Development Authority
(page 34-35)
2. Draft By-Laws of the Economic Development Authority (Page 36-38)
3. LMC Minnesota Coalition of Stormwater Cities Program - $470.00 (Page
39-43)
4. Centennial Fire District 2007 Budget (Page 44-47)
5. Preliminary Development Agreements - Beard Group
6. Planning & Zoning Commission's Recommendation for Approval of
Ordinance #XX - Amending Chapter 152 of the Code Modifying
Regulations to Permit Area Identification Signs In Residential Districts
X. ANNOUNCEMENTSIUPDA TES
1. City Administrator, Mr. Dallas Larson
2. CSAH14 (Update)
XI. CLOSE EXECUTIVE SESSION - LABOR NEGOTIA nONS (UNION)
XII. ADJOURNMENT
* * REMINDERS * *
Candidate Filing - August 29 -- September ] 2, 2006
City Council Meeting - September 27,2006 - 6:30 p.m. Council Chambers
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CITY OF CENTERVILLE
09/13/064:12 PM
Page 1
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*Check Summary Register@
Name
10100 MAIN STREET BANK
Paid Chk# 021668 AID ELECTRIC CORPORATION
Paid Chk# 021669 ANDERSON, SHARON
Paid Chk# 021670 ANOKA COUNTY PROPERTY
Paid Chk# 021671 BARTELS, MARCIA
Paid Chk# 021672 DEPT. OF NATURAL
Paid Chk# 021673 DUPRE, JOYCE
Paid Chk# 021674 FITZGERALD, NANCY
Paid Chk# 021675 GOPHER STATE ONE CALL INC
Paid Chk# 021676 HACKMAN, JANIS
Paid Chk# 021677 IMAGE PRINTING & GRAPHICS
Paid Chk# 021678 INSTRUMENTAL RESEARCH
Paid Chk# 021679 KATH, CLIFFORD
Paid Chk# 021680 LAND MAINTENANCE
Paid Chk# 021681 LARSON, DALLAS
Paid Chk# 021682 OFFICE MAX
Paid Chk# 021683 OSGOOD, DAVID
Paid Chk# 021684 SAGER, SHIRLEY A.
Paid Chk# 021685 SEASHORE, IRENE
Paid Chk# 021686 SECURITY CONTROL
Paid Chk# 021687 SEELEY, SUZANNE
Paid Chk# 021688 SUNQUIST, SHIRLEY
Paid Chk# 021689 THILL, MARY ANN
Paid Chk# 021690 THOMPSON, ANITA
Paid Chk# 021691 BARTELS, MARCIA
UPDATE
Check Date
SEPTEMBER 2006
Check Amt
9/13/2006
9/13/2006
9/13/2006
9/13/2006
9/13/2006
9/13/2006
9/13/2006
9/13/2006
9/13/2006
9/13/2006
9/13/2006
9/13/2006
9/13/2006
9/13/2006
9/13/2006
9/13/2006
9/13/2006
9/13/2006
9/13/2006
9/13/2006
9/13/2006
9/13/2006
9/13/2006
9/13/2006
Total Checks
$6,765.00 1785 PELTIER DRIVE - GENERATOR
$82.00 PRIMARY ELECTION - 9-12-06
$138.00 1862 PRAIRIE DR. P.O. 114 - EN
$151.19 PRIMARY ELECTION - 9-12-06
$14.00 SIGN
$151.19 PRIMARY ELECTION - 9-12-06
$82.00 PRIMARY ELECTION - 9-12-06
$116.15 SERV THRU AUGUST 2006
$82.00 PRIMARY ELECTION - 9-12-06
$703.26 LETTERHEAD
$38.00 AUGUST 2006 WATER TESTING
$82.00 PRIMARY ELECTION - 9-12-06
$4,015.05 LAWN MOWING
$154.88 REIMBURSE MILEAGE EXP - CABLE
$836.02 OFFICE SUPPLIES
$181.94 PRIMARY ELECTION - 9-12-06
$128.93 PRIMARY ELECTION - 9-12-06
$151.19 PRIMARY ELECTION - 9-12-06
$255.60 BASIC MONITORING FEES
$87.13 PRIMARY ELECTION - 9-12-06 & A
$152.56 PRIMARY ELECTION - 9-12-06
$151.19 PRIMARY ELECTION - 9-12-06
$189.63 ELECTION JUDGE TRAINING - 8-25
$44.33 REIMBURSEMENT FOR MILEAGE FOR
$14,753.24
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T.stab{islUtf 1857
STATE OF MINNESOTA
1880 :Main Street . Centervi[[e, :MJ{ 55038
(651) 429-3232 . PaJ((651) 429-8629
COUNTY OF ANOKA
CITY OF CENTERVILLE
RESOLUTION #06-XXX
RESOLUTION AWARDING CONTRACT TO OLSON SEWER SERVICE, INC, TO
lNST ALL W ATERMAIN ON WESTVIEW STREET
WHEREAS, the City of CentelVille sought and received an estimated proposal to perform the
installation of a watermain and related products and services from Olson Sewer SelVice, Inc., on
or about August _, 2006, in the amount of $
WHEREAS, the City finds that the estimated proposal to perform said work from Olson Sewer
Service, Inc.., is a responsible and qualifying proposal which adequately fulfills the scope and
requirements of the project to install a watermain and related products under Westview Street.
NOW, THEREFORE, IT IS HEREBY RESOLVED AND KNOWN TO ALL, that the City of
CentervilIe, DOES AWARD AND GRANT the contract to perform the installation of a
watermain and related products and services under Westview Street to Olson Sewer Service,
Inc." under the terms, conditions, and proposal received by the City on or about August _,
2006, in a amount no greater than $ , and under any further terms or conditions as
required under law or ordinance, or by and through the advice and desires of the City
Administrator or City Attorney.
PASSED AND ADOPTED by the City Council this 13th day of September, 2006.
Mayor, Mary Capra
Attest :
City Clerk, Teresa Bender
- 1 -
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'Estab{isfiecf 1857
1880 :Main Street . Centervi[[e, :M'N 55038
STATE OF MINNESOTA (651) 429-3232 · Pa:{(651) 429-8629
COUNTY OF ANOKA
CITY OF CENTERVILLE
RESOLUTION #06-XXX
RESOLUTION AWARDING CONTRACT TO RO-SO CONTRACTING, INC, TO PROVIDE
DEMOLITION SERVICES AT THE PROPERTY LOCATED AT
7071/7073 CENTERVILLE ROAD
WHEREAS, the City of Centerville invited the public to respond to its proposal to contract for
the demolition and related services of certain City-owned buildings located at 7071/7073
Centerville Road, Centerville, Minnesota.
WHEREAS, the requested demolition work qualifies as providing an "improvement" as defined
by Minnesota Statute Section 429.021, subdivision 1.
WHEREAS, the value of the proposed demolition contract was estimated to possibly exceed
$50,000.00.
WHEREAS, an advertisement of the proposed demolition contract was duly published in the
Quad Community Press newspaper on August 1, 2006 and advertised that sealed bid would be
accepted by the City until 10:00 a.m. on August 18,2006.
WHEREAS, the City did not receive any responsive bid proposals by the deadline of 10:00 a.m.
on August 18, 2006.
WHEREAS, after receiving no bids the City sought and received an estimated proposal to
perform the demolition services from RO-SO Contracting, Inc., on August 23, 2006, in the
amount of a base price of $54,500.00 plus optional work for an additional $13,000.00, or for a
possible total amount of$67,500.00.
WHEREAS, the City finds that the estimated proposal to perform demolition work from RO-SO
Contracting, Inc., is a responsible and qualifying proposal which adequately fulfills the scope
and requirements of the bid to provide demolition services for 7071/7073 Centerville Road as
advertised by the City as closing on August 18,2006 at 10:00 a.m.
- 1 -
WHEREAS, it is necessary to demolish the buildings at 7071/7073 Centerville Road because .
they are vacant and a blight, and present a nuisance and a potential danger to the pubic. Also, the
area has been designated for redevelopment pursuant to the City's Downtown Redevelopment
Master Plan. Time is of the essence to the City in order to go forward with the Downtown
Redevelopment Master Plan.
NOW, THEREFORE, IT IS HEREBY RESOLVED AND KNOWN TO ALL, that the City of
Centerville, pursuant to the authority granted by Minnesota Statue Section 420.041, subdivision
2, DOES AWARD AND GRANT the contract to perform the demolition services regarding
7071/7073 Centerville Road to RO-SO Contracting, Inc., under the terms, conditions, and
proposal received by the City on August 23, 2006, in a amount no greater than $67,500.00, and
under any further terms or conditions as required under law or ordinance, or by and through the
advice and desires ofthe City Administrator or City Attorney.
PASSED AND ADOPTED by the City Council this 23rd day of August, 2006.
Mayor, Mary Capra
Attest :
City Clerk, Teresa Bender
- 2-
AUGUST 2006
CITY OF CENTERVILLE
CITY COUNCIL REPORT
1. Financial Statement & Budget Report
2. Bank Reconciliation & Fund Cash Balance
Prepared By: John W. Meyer
Finance Director
General Fund
" "
Monthly Financial Report
Month Ended August 31, 2006
MTD YTC Budget Variance % of Budget
8/31106 2006 2006 +(-) Used
Revenues:
Property Taxes 0.00 910,664.32 1,725,000.00 814,335.68 52.79%
Other Taxes & Assessments 0.00 3,441.58 84,500.00 81,058.42 0.00%
Licenses & Permits 14,578.92 98,556.62 195,000.00 96,443.38 50.54%
Building Inspection 13,323.92 62,588.82 168,000.00 105,411.18 37.26%
Fines & Forfeits 3,396.16 24,612.58 30,000.00 5,387.42 82.04%
Intergovernmental 0.00 1,696.00 110,000.00 108,304.00 1.54%
Fire Relief Aid 0.00 1,696.00 95,000.00 93,304.00 1.79%
Charges for Services 2.75 2,278.97 2,000.00 (278.97) 113.95%
Interest Earnings 2,579.02 35,709.73 40,000.00 4,290.27 0.00%
Miscellaneous Revenues 468.13 10,435.67 10,000.00 (435.67) 104.36%
Refunds & Reimbursements 4,046.49 7,726.46 4,000.00 (3,726.46) 193.16%
Fund Balance 0.00 0.00 0.00 0.00 0.00%
Total Revenues 25,071.47 1,095,121.93 2,200,500.00 1,105,378.07 49.71%
Expenditures:
Current
General Government
Mayor and Council 1,560.94 13,736.26 23,000.00 9,263.74 59.72%
Elections 50.05 50.05 5,000.00 4,949.95 0.00%
Planning & Zoning 158.33 4,485.16 10,000.00 5,514.84 44.85%
Administration 22,174.53 235,054.03 324,600.00 89,545.97 72.41%
Financial Administration 0.00 12,373.04 18,000.00 5,626.96 68.74%
Assessing 0.00 19,180.20 20,000.00 819.80 95.90%
Legal 11,206.69 43,266.48 80,000.00 36,733.52 54.08%
City Hall 2,660.75 21,186.23 38,000.00 16,813.77 55.75%
Total General Government 37,811.29 349,331.45 518,600.00 169,268.55 67.36%
Public Safety
Police Protection 48,114.67 384,917.36 577,376.00 192,458.64 66.67%
Fire Protection 0.00 68,269.50 186,000.00 117,730.50 36.70%
Building Inspection 11,990.00 102,430.53 155,000.00 52,569.47 66.08%
Electrical Inspection 0.00 3,566.40 9,000.00 5,433.60 39.63%
Civil Defense 0.00 862.00 4,000.00 3,138.00 21.55%
Animal Control 106.92 1,482.80 1,500.00 17.20 98.85%
Total Public Safety 60,211.59 561,528.59 932,876.00 371,347.41 60.19%
Public Works
Public Works 9,545.91 119,374.66 170,000.00 50,625.34 70.22%
Engineering Services 2,338.89 30,152.67 15,000.00 (15,152.67) 201.02%
Recycling 256.54 3,433.49 5,000.00 1,566.51 68.67%
Streets 0.00 13,195.01 80,000.00 66,804.99 16.49%
Street Lighting 2,506.23 20,424.14 27,000.00 6,575.86 75.64%
Total Public Works 14,647.57 186,579.97 297,000.00 110,420.03 62.82%
9/11/2006
1 :54 PM
budget GF 2006.xls
"
.
7"tIId<..~U<4'
MTD YTD Budget Variance % of Budget
8/31/06 2006 2006 +(-) Used
Culture and Recreation
Park/Rec. Committee 0.00 1,614.90 2,500.00 885.10 64.60%
Park/Rec. Programs 0.00 1,681.07 10,000.00 8,318.93 16.81%
Park Maintenance 8,206.68 53,289.44 65,000.00 11,710.56 81.98%
Total Culture and Recreation 8,206.68 56,585.41 77,500.00 20,914.59 73.01%
Community Development 29,980.15 150,397.98 0.00 (150,397.98) 0.00%
Economic Development
Economic Development 0.00 4,057.46 6,500.00 2,442.54 62.42%
EDC - Frozen Fete Des Lacs 0.00 530.88
EDC - Business Directory 0.00 0.00
EDC - Business Promotion 0.00 0.00
EDC - Miscellaneous 0.00 0.00
Cougar Cash 0.00 0.00
Total Economic Development 0.00 4,057.46 6,500.00 2,442.54 62.42%
Unallocated
Miscellaneous 0.00 100.00 0.00 (100.00) 0.00%
Refunds & Reimbursements 0.00 0.00 0.00 0.00 0.00%
City Summer Festival 6,270.60 18,682.60 20,000.00 1,317.40 93.41%
Total Miscellaneous 6,270.60 18,782.60 20,000.00 1,317.40 93.91%
Total Current Expenditures 157,127.88 1,327,263.46 1,852,476.00 675,710.52 71.65%
Capital Outlay
General Government 0.00 0.00 42,124.00 42,124.00 0.00%
Public Safety 0.00 0.00 0.00 0.00 0.00%
Streets and Highways 0.00 0.00 100,000.00 100,000.00 0.00%
Culture and Recreation 0.00 0.00 25,000.00 25,000.00 0.00%
Total Capital Outlay 0.00 0.00 167,124.00 167,124.00 0.00%
TOTAL EXPENDITURES 157,127.88 1,327,263.46 2,019,600.00 842,834.52 65.72%
EXCESS (DEFICIT) OF REVENUES (132,056.41) (232,141.53) 180,900.00 262,543.55 N/A
OVER EXPENDITURES
OTHER FINANCING SOURCES (USES)
Operating Transfer In 0.00 65,400.00 0.00 (65,400.00) N/A
Operating Transfer Out 0.00 0.00 (180,900.00) (180,900.00) N/A
Sale of General Fixed Assets 0.00 0.00 0.00 0.00 N/A
TOTAL OTHER FINANCING 0.00 65,400.00 (180.900.00) (246.300.00) N/A
SOURCES (USES)
EXCESS (DEFICIENCY) OF (132,056.41) (166,741.53) 0.00 16,243.55
REVENUE AND OTHER FINANCING
SOURCES OVER EXPENDITURES
AND OTHER FINANCING USES
PREPARED BY: JOHN W. MEYER, FINANCE DIRECTOR
9/11/2006
1 :54 PM
budget GF 2006.xls
",
Water Fund
Monthly Financial Report
Month Ended August 31, 2006
MTD YTD Budget Variance % of Budget
8/31/06 2006 2006 +H Used
Operating Revenue:
Charges for Services 48,362.24 87,227.24 210,000.00 122,772.76 41.54%
Total Operating Revenue 48,362.24 87,227.24 210,000.00 122,772.76 41.54%
Operating Expenses:
Salaries and Benefits 4,969.08 40,843.28 65,000.00 24,156.72 62.84%
Professional Services 0.00 36,232.28 15,000.00 (21,232.28) 241.55%
Supplies 4,850.41 53,878.53 48,000.00 (5,878.53) 112.25%
Other Services and Charges 0.00 2,374.00 5,000.00 2,626.00 47.48%
Utilities 214.91 2,001.15 3,000.00 998.85 66.71%
Depreciation 0.00 0.00 30,500.00 30,500.00 0.00%
Total Operating Expenses 10,034.40 135,329.24 166,500.00 31,170.76 81.28%
OPERATING INCOME 38,327.84 (48,102.00) 43,500.00 91,602.00 -110.58%
Nonoperating Revenue (Expense)
Interest on Investments 557.10 7,721.89 15,000.00 7,278.11 51.48%
Special Assessments 0.00 30,037.87 26,800.00 (3,237.87) 112.08%
Hook up Fees and Unit Charges 4,030.00 23,974.79 34,000.00 10,025.21 70.51%
Other Equipment 11,093.25 (21,201.64) 0.00 21,201.64 0.00%
Interest Expense 0.00 (45.00) 0.00 45.00 0.00%
Refunds & Reimbursements Rev 3,652.48 8,332.08 0.00 (8,332.08) 0.00%
Refunds & Reimbursements Exp 0.00 (765.00) 0.00 765.00 0.00%
Total Nonoperating Revenue 19,332.83 48,054.99 75,800.00 27,745.01 63.40%
(Expense)
INCOME BEFORE OPERATING 57,660.67 (47.01) 119,300.00 119,347.01 -0.04%
TRANSFERS
OPERATING TRANSFERS OUT 0.00 0.00 0.00 0.00 0.00%
NET INCOME 57,660.67 (47.01) 119,300.00 119,347.01 -0.04%
CREDIT FOR DEPRECIATION ON 0.00 0.00 0.00 0.00 0.00%
CONTRIBUTED ASSETS
NET INCREASE IN RETAINED 57,660.67 (47.01) 119,300.00 119,347.01 -0.04%
EARNINGS
PREPARED BY:
JOHN MEYER
FINANCE DIRECTOR
9/11/2006
2:11 PM
budget report water 06.xls
. .
9/11/2006
2:19 PM
budget report sewer 06.xls
2006 MONTHLY CASH/GENERAL LEDGER BALANCE RECONCILIATIONS
-,
2006 Interest 1/31/2006 2/28/2006 3/31/2006 4/30/2006
Bank Checking Statement Balance $ 803,247.18 $ 576,893.86 $ 550,921.59 $ 419,865.91
Outstanding Deposits $ $ $ 0.40 $
Outstanding Checks $ (67,771.16) $ (63,380.72) $ (36,184.21) $ (111,439.11)
Monthly Interest $ 17,067.82 $ 2,751.26 $ 1,773.36 $ 1,915.44 $ 1,325.21
Net Checking Account Balance $ 735,476.02 $ 513,513.14 $ 514,737.78 $ 308,426.80
Investments
Mainstreet Bank Flex CD
Beginning $ 823,948.42 $ 823,948.42 $ 993,948.42 $ 1,001,304.48
Other Tansactions $ $ 170,000.00 $
Monthly Interest $ 18,485.90 $ $ $ 7,356.06
Ending Balance $ 823,948.42 $ 993,948.42 $ 1,001,304.48 $ 1,001,304.48
Mainstreet Bank CD's
Beginning $ 3,641,036.10 $ 3,641,036.10 $ 3,641,036.10 $ 3,676,577.55
1000532645 CDARS $ 1,094,725.69 $ 1,094,725.69 $ $
1000669381 CDARS $ 1,104,034.85 $ 1,104,034.85
1000532637 CDARS $ 2,546,310.41 $ 2,546,310.41 $ 2,572,542.70 $ 2,572,542.70
Other Transactions
Monthly Interest - CD $ $ $ $
Monthly Interest - CDARS $ 35,541.45 $ $ $ 35,541.45
Ending Balance $ 3,641,036.10 $ 3,641,036.10 $ 3,676,577.55 $ 3,676,577.55
Mainstreet Bank - Subtotal $ 5,200,460.54 $ 5,148,497.66 $ 5,192,619.81 $ 4,986,308.83
Smith Barney
Smith Barney Money Fund
Beginning $ 167,502.62 $ 170,287.32 $ 11,183.42 $ 23,972.05
Monthly Adjustments $ 38,522.77 $ 2,784.70 $ 10,896.10 $ 12,788.63 $ 12,053.34
Other Transactions $ $ (170,000.00) $
Ending Balance $ 170,287.32 $ 11,183.42 $ 23,972.05 $ 36,025.39
Smith Barney Gov't Bonds
Beginning $ 1,770,493.16 $ 1,770,493.16 $ 1,770,493.16 $ 1,770,493.16
FHLB DTD 9/29/03 $ 100,000.00 $ 100,000.00 $ 100,000.00 $ 100,000.00
FHLB DTD 6/30/03 $ 100,411.37 $ 100,411.37 $ 100,411.37 $ 100,411.37
FHLMC DTD 8/14/03 $ 150,000.00 $ 150,000.00 $ 150,000.00 $ 150,000.00
FHLMC DTD 6/30/03 $ 99,750.00 $ 99,750.00 $ 99,750.00 $ 99,750.00
FNMA DTD 2/7/03 $ 205,000.00 $ 205,000.00 $ 205,000.00 $ 205,000.00
FNMA DTD 3/30/04 $ 100,000.12 $ 100,000.12 $ 100,000.12 $ 100,000.12
FNMA DTD 4/8/04 $ 200,394.17 $ 200,394.17 $ 200,394.17 $ 200,394.17
FHLB DTD 4/19/04 $ 250,000.00 $ 250,000.00 $ 250,000.00 $ 250,000.00
FHLM DTD 11/28/03 $ $ $ $
FHLM DTD 3/25/04 $ 150,000.00 $ 150,000.00 $ 150,000.00 $ 150,000.00
FHLM DTD 3/17/04 $ 99,937.50 $ 99,937.50 $ 99,937.50 $ 99,937.50
FHLM DTD 3/24/04 $ 150,000.00 $ 150,000.00 $ 150,000.00 $ 150,000.00
FHLM DTD 2/27/03 $ 165,000.00 $ 165,000.00 $ 165,000.00 $ 165,000.00
Other Transactions
Monthly Adjustments $
Ending Balance $ 1,770,493.16 $ 1,770,493.16 $ 1,770,493.16 $ 1,770,493.16
Smith Barney CD's
Beginning $ 657,100.00 $ 657,100.00 $ 657,100.00 $ 657,100.00
Direct Merchants Bank $ 100,000.00 $ 100,000.00 $ 100,000.00 $ 100,000.00
Capitol One Bank $ 100,000.00 $ 100,000.00 $ 100,000.00 $ 100,000.00
Hemisphere Natl Bank $ 96,000.00 $ 96,000.00 $ 96,000.00 $ 96,000.00
Lehman Brothers Bank $ 96,000.00 $ 96,000.00 $ 96,000.00 $ 96,000.00
CIB Bank $ 89,100.00 $ 89,100.00 $ 89,100.00 $ 89,100.00
Compass Bank $ $ $ $
1 sl. Nail Bk of Nevada $ 80,000.00 $ 80,000.00 $ 80,000.00 $ 80,000.00
Cole Taylor Bank $ 96,000.00 $ 96,000.00 $ 96,000.00 $ 96,000.00
Other Transactions
Monthly Adjustments $
Ending Balance $ 657,100.00 $ 657,100.00 $ 657,100.00 $ 657,100.00
Smith Barney - Subtotal $ 2,597,880.48 $ 2,438,776.58 $ 2,451,565.21 $ 2,463,618.55
Total Cash/Investments Per Statement $ 7,798,341.02 $ 7,587,274.24 $ 7,644,185.02 $ 7,449,927.38
General Ledger Cash Balance $ 7,798,341.02 $ 7,587,274.24 $ 7,644,185.02 $ 7,449,927.38
Total Monthly Interest $ 109,617.94 $ 5,535.96 $ 12,669.46 $ 57,601.58 $ 13,378.55
.
2006 MONTHLY CASH/GENERAL LEDGER BALANCE RECONCILlAT
. ,
2006 Interest 5/31/2006 6/30/2006 7/31/2006 8/31/2006
Bank Checking Statement Balance $ 294,770.44 $ 1,274,368.71 $ 1,004,807.57 $ 519,024.95
Outstanding Deposits $ 0.01 $ 0.01 $ 0.01
Outstanding Checks $ (141,163.62) $ (883,640.87) $ (507,562.15) $ (102,060.13)
Monthly Interest $ 17,067.82 $ 1,314.32 $ 2,103.75 $ 3,672.17 $ 2,212.31
Net Checking Account Balance $ 153,606.82 $ 390,727.85 $ 497,245.43 $ 416,964.83
Investments
Mainstreet Bank Flex CD
Beginning $ 1,001,304.48 $ 1,001,304.48 $ 676,138.90 $ 376,138.90
Other Tansactions $ (336,295.42) $ (300,000.00) $ 52,500.00
Monthly Interest $ 18,485.90 $ 11,129.84 $
Ending Balance $ 1,001,304.48 $ 676,138.90 $ 376,138.90 $ 428,638.90
Mainstreet Bank CD's
Beginning $ 3,676,577.55 $ 3,676,577.55 $ 2,599,341.31 $ 2,599,341.31
1000532645 CDARS $ $ $
1000669381 CDARS $ 1,104,034.85 $ $
1000532637 CDARS $ 2,572,542.70 $ 2,599,341.31 $ 2,599,341.31 $ 2,599,341.31
Other Transactions
Monthly Interest - CD $
Monthly Interest - CDARS $ 35,541.45 $ 36,468.34 $
Ending Balance $ 3,676,577.55 $ 2,599,341.31 $ 2,599,341.31 $ 2,599,341.31
Mainstreet Bank. Subtotal $ 4,831 ,488.85 $ 3,666,208.06 $ 3,472,725.64 $ 3,444,945.04
Smith Barney
Smith Barney Money Fund
Beginning $ 36,025.39 $ 40,370.79 $ 50,163.12 $ 52,111.93
Monthly Adjustments $ 38,522.77 $ 4,345.40 $ 9,792.33 $ 1,948.81 $ 10,238.98
Other Transactions
Ending Balance $ 40,370.79 $ 50,163.12 $ 52,111.93 $ 62,350.91
Smith Barney Gov't Bonds
Beginning $ 1,770,493.16 $ 1,770,493.16 $ 1,770,493.16 $ 1,770,493.16
FHLB DTD 9/29/03 $ 100,000.00 $ 100,000.00 $ 100,000.00 $ 100,000.00
FHLB DTD 6/30/03 $ 100,411.37 $ 100,411.37 $ 100,411.37 $ 100,411.37
FHLMC DTD 8/14/03 $ 150,000.00 $ 150,000.00 $ 150,000.00 $ 150,000.00
FHLMC DTD 6/30/03 $ 99,750.00 $ 99,750.00 $ 99,750.00 $ 99,750.00
FNMA DTD 217/03 $ 205,000.00 $ 205,000.00 $ 205,000.00 $ 205,000.00
FNMA DTD 3/30/04 $ 100,000.12 $ 100,000.12 $ 100,000.12 $ 100,000.12
FNMA DTD 4/8/04 $ 200,394.17 $ 200,394.17 $ 200,394.17 $ 200,394.17
FHLB DTD 4/19/04 $ 250,000.00 $ 250,000.00 $ 250,000.00 $ 250,000.00
FHLM DTD 11/28/03 $ $ $ $
FHLM DTD 3/25f04 $ 150,000.00 $ 150,000.00 $ 150,000.00 $ 150,000.00
FHLM DTD 3/17104 $ 99,937.50 $ 99,937.50 $ 99,937.50 $ 99,937.50
FHLM DTD 3f24f04 $ 150,000.00 $ 150,000.00 $ 150,000.00 $ 150,000.00
FHLM DTD 2127/03 $ 165,000.00 $ 165,000.00 $ 165,000.00 $ 165,000.00
Other Transactions
Monthly Adjustments $
Ending Balance $ 1,770,493.16 $ 1,770,493.16 $ 1,770,493.16 $ 1,770,493.16
Smith Barney CD's
Beginning $ 657,100.00 $ 657,100.00 $ 557,100.00 $ 557,100.00
Direct Merchants Bank $ 100,000.00 $ $ $
Capitol One Bank $ 100,000.00 $ 100,000.00 $ 100,000.00 $ 100,000.00
Hemisphere Natl Bank $ 96,000.00 $ 96,000.00 $ 96,000.00 $ 96,000.00
Lehman Brothers Bank $ 96,000.00 $ 96,000.00 $ 96,000.00 $ 96,000.00
CIB Bank $ 89,100.00 $ 89,100.00 $ 89,100.00 $ 89,100.00
Compass Bank $ $ $ $
1st. Nall Bk of Nevada $ 80,000.00 $ 80,000.00 $ 80,000.00 $ 80,000.00
Cole Taylor Bank $ 96,000.00 $ 96,000.00 $ 96,000.00 $ 96,000.00
Other Transactions
Monthly Adjustments $
Ending Balance $ 657,100.00 $ 557,100.00 $ 557,100.00 $ 557,100.00
Smith Barney - Subtotal $ 2,467,963.95 $ 2,377,756.28 $ 2,379,705.09 $ 2,389,944.07
Total Cash/Investments Per Statement $ 7,299,452.80 $ 6,043,964.34 $ 5,852,430.73 $ 5,834,889.11
General Ledger Cash Balance $ 7,299,452.80 $ 6,043,964.34 $ 5,852,430.73 $ 5,834,889.11
Total Monthly Interest $ 109,617.94 $ 5,659.72 $ 59,494.26 $ 5,620.98 $ 12,451.29
.,
CITY OF CENTERVILLE
09/12/068:37 AM
Page 1
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Cash Balances jwm
MTD MTD Current
FUND Descr Account Debit Credit Balance
Last Dim 10100
GENERAL FUND G 101-10100 $90,588.36 $219,175.87 51,561,383.40
FED COMMUNITY DEV BLK GRANT G 202-10100 $4,10Q.00 $4,239.50 -$5,339.50
MOUND TRAIL DEBT SERVICE G 306-10100 $33.65 SO.OO $22,504.15
21ST AVE IMP DEBT SERVICE G 308-10100 $59.82 $0.00 $39,664.32
JOINT POLICE STATION 2005A G 309-10100 $0.00 $6,614.26 -$23,149.91
MUNl STREET IMP DEBT SERVICE G 312-10100 $7,389.60 $311.27 $314,478.79
IND PARK TIF 1-4 DEBT SERV G 317-10100 $19.93 $0.00 $14,735.26
PARKVIEW DEVELOPMENT DEBT SERV G 324-10100 $0.00 $0.00 $2,105.96
ELEM WATER MAIN EXT DEBT SERV G 325-10100 $0.00 $0.00 $3,349.38
G.O. Bond Pheasant 12001 G 327-10100 $947.34 SO.OO S516,867.28
G.O. Bond Hunters Cross I 2000 G 336-10100 $225.61 $0.00 S59,221.05
CSAH 14 WA TERMAIN G 339-10100 $0.00 $0.00 $4,829.93
PHEASANT MARSH II G.O. 2002 G 342-10100 $1,287.63 $0.00 $775,210.28
PEL TIER PRESERVE DEBT SERVICE G 345-10100 $977.25 $0.00 -$62,272.36
Hunters Crossing II G.O. Bond G 346-10100 $50,979.94 $6,825.00 $647,026.72
GO Imp Bond 200GA G 348-10100 $86,059.68 $88.22 585,971.46
PARK CAPITAL PROJECT G 402-10100 $513.55 $1,584.41 $181,947.18
21ST AVENUE IMPROVEMENTS G 408-10100 $0.00 $0.00 $545.35
MUNI STREET CAPITAL PROJECT G 412-10100 $205.67 $0.00 $144,317.09
PEDESTRIAN TRAIL WAYS G 414-10100 $18.69 $0.00 $12,758.81
STORM WATER IMP PROJECTS G 415-10100 $6,646.23 $2,596.17 $296,932.01
PHEASANT MARSH III G 443-10100 $11.21 512,336.85 $41,176.95
HUNTERS CROSSING PHASE II G 446-10100 $104.70 $0.00 548,783.32
CENTERVILLE TOWN OFFICE PARK G 447-10100 $0.00 SO.OO $8,437.00
HUNTER'S CROSSING 3RD ADDN G 448-10100 $6,740.96 $44,165.38 -$469,315.83
2006 Municipal Improvements G 449-10100 $43,373.20 $64,601.70 -$922,030.24
WATER FUND G 601-10100 $62,446.63 $26.375.03 $424,379.18
SEWER FUND G 602-10100 $64,757.87 $55,935.02 $2,097,870.81
CABLE TV FUND G 614-10100 $213.20 $393.66 $13,303.02
RECYCLING G 617-10100 $0.00 $0.00 -$801.75
Last Dim 10100 $427,700.72 $445,242.34 $5,834,889.11
$427,700.72 $445,242.34 $5,834,889.11