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Home My WebLink About2009-06-24 CC Packet ~= CITY OF CENTERVILLE COUNCIL MEETING AGENDA Wednesday, June 24, 2009 6:30 p.m. or shortly thereafter OPEN FORUM 6:30 p.m.: An opportunity for members of the public to address the City Council on items not on the current agenda. Items requiring Council action may be deferred to staff or Boards and Conunissions for research and future Council Agendas if appropriate. You will be limited to two (2) minutes and we ask that you conduct yourself in a professional, courteous manner, and refrain from the use of profanity. Failure to abide by this policy may result in the loss of your privilege to speak. Persons wishing to speak will be required to complete a sign-up sheet and give it to the Mayor or a Staff person by 6: 15 p.m. I. CALL TO ORDER 1. Roll Call II. PUBLIC HEARING(S) III. APPROVAL OF AGENDA IV. APPROVAL OF MINUTES 1. June 1 & 4, 2009 Special Meeting Minutes (Pages 1-2) 2. June 10,2009 Council Meeting Minutes (Pages 3-12) **Via E-Mail** V. CONSENT AGENDA 1. City of Centerville June 11, 2009 through June 24, 2009 Claims (Check #24463-24480) (Page 13) 2. Centennial Lakes Police Department Claims through June 11,2009 (Check #7302-7328) (Check #6932 - Voided) (Pages 14) 3. Centennial Fire District Claims through June 17, 2009 (Check #3817-3839) (Page 15-17) 4. Forest Lake Contracting, Pay Estimate #2 - $102,976.20 (2009.02) - 2009 Street Project (Pages 18-23) 5. Forest Lake Contracting, Pay Estimate #2 - $257,763.97 (2009.01) -Peltier Lake Drive Street Project (Pages 24-30) VI. A W ARDSIPRESENT A nONS/APPEARANCES VlI. OLD BUSINESS VIlI. NEW BUSINESS 1. Mr. George Eilertson, Northland Securities, Inc. Finance Plan Summary (Pages 31-38) 2. Financial Advisor Agreement - City/Northland Securities (Pages 39-41) 3. Res. #09-0xx. - Calling for the Issuance & Sale of $3,725,000 General Obiligation Improvement Bonds, Series 2009A (pages 42-50) 4. Review Trail Easements a. Authorize Additional Easement Appraisals - Not to Exceed $3,000 IX. ANNOUNCEMENTSfUPDATES 1. City Administrator, Dallas Larson x. ADJOURNMENT * *REMINDERS* * Parks & Recreation Committee Meeting - July 1,2009,6:30 p.m. Council Chambers July 3, 2009 - City Hall Closed (Observance of Independence Day Holiday) Planning & Zoning Commission Meeting - July 7, 2009, 6:30 p.m. Council Chambers Council Meeting - July 8, 2009, 6:30 p.m. Council Chambers - Work Session to Follow (Budget) City Council Meeting - July 8, 2009, 6:30 p.m. Council Draft Draft Draft City Council 06-01-2009, 5:45 p.m. Special meeting to conduct interviews of Finance Director finalists. Present were Mayor Mary Capra, Council members Ben Fehrenbacher, Linda Broussard Vickers and Jeff Paar. Absent was Council member Tom Lee. The Council discussed the process of questioning that would be used for the interviews. At 6:00 p.m. the Council conducted an interview of Michael Jeziorski of Blaine Minnesota. At 6:30 p.m. the Council conducted an interview of John Foshi of Duluth Minnesota. The meeting was recessed at at 7:10 p.m. to be reconvened on June 4,2009, at 6:45 p.m. The City Council reconvened its special meeting at 6:45 p.m. on June 4, 2009 to conduct interviews of Finance Director finalists. Present were Mayor Mary Capra, Council members Ben Fehrenbacher, Tom Lee, Linda Broussard Vickers and Jeff Paar. The Council discussed the process of questioning that would be used for the interviews. At 7:00 p.m. the Council conducted an interview of Joseph Bjelland of North Branch, Minnesota. At 7:30 p.m. the Council conducted an interview of Richard Hill of Forest Lake, Minnesota. The Council discussed the candidates at length. A motion was made by Council member Fehrenbacher that the Administrator be authorized to offer employment to one of the following candidates subject to background reference checks: Michael Jeziorski, John Foschi, or Richard Hill. The motion was seconded by Council member Paar. In the discussion that followed, salary ranges were discussed for each candidate. Voting on the motion, the following voted in favor: all present. Voting against: none. The motion was declared passed. In the event that further consideration may be needed on the selection, a motion was made by Council member Broussard Vickers that the meeting be recessed to 6:30 p.m. on Monday, June 8, 2009 Motion seconded by Council member Paar, all voted in favor. Motion passed. The City Council reconvened its special meeting at 6:30 p.m. on June 8, 2009 discuss filling the position of Finance Director. Present were Mayor Mary Capra, Council members Ben Fehrenbacher, Tom Lee, Linda Broussard Vickers and JeffPaar. City Administrator Larson reported his fmdings of reference checks. All of the references checks were satisfactory. It was reported that candidate Michael Jeziorski is currently earning a salary of $58,843. The earnings history was substantially higher for the other two under consideration. Given the City's budget constraints, the discussion focused on 1 Draft Draft Draft whether cost should be a consideration in the decision. Larson reported that Jeziorski's reference check indicated an outstanding candidate, and suggested that serious consideration be given to making the offer to him. Larson believes this candidate would clearly view this as a career promotion, where the others would likely consider this to be a lateral move or even a lesser position than they have held in the recent past. A motion was made by Council member Broussard Vickers that the Council authorize the administrator to make a job offer to Michael Jeziorski with a starting salary of $61,000, with authority to go up to $62,000 per year. Motion seconded by Council member Fehrenbacher, all present voted in favor. The motion was declared passed. Motion made and passed to adjourn at 6:46 p.m. Dallas Larson City Administrator 2 . ~;eitJtervilre 'Established 1857 *Check Summary Register@ Name 10100 MAIN STREET BANK Paid Chk# 024463 SWEENEY, KRIS Paid Chk# 024464 AED PROFESSIONALS Paid Chk# 024465 AFLAC Paid Chk# 024466 ALL SEASONS RENTAL Paid Chk# 024467 CORNER EXPRESS Paid Chk# 024468 DELTA DENTAL Paid Chk# 024469 HD SUPPLY WATERWORKS Paid Chk# 024470 IMAGE PRINTING & GRAPHICS Paid Chk# 024471 KEY AUTOMOTIVE SERVICE Paid Chk# 024472 LEAGUE OF MN CITIES INS Paid Chk# 024473 MENARDS - FOREST LAKE Paid Chk# 024474 MET. COUNCIL ENV. SERV. Paid Chk# 024475 NORTH METRO Paid Chk# 024476 SAM'S CLUB Paid Chk# 024477 STEPHAN, KIM Paid Chk# 024478 THE CITIZEN Paid Chk# 024479 TIME SAVER Paid Chk# 024480 XCEL ENERGY Paid Chk# BI-WEEKL Y ACH CITY OF CENTERVILLE Check Date 6/12/2009 612412009 6/2412009 6/2412009 6/2412009 6/2412009 6/2412009 6/2412009 6/2412009 612412009 612412009 612412009 612412009 612412009 612412009 6124/2009 6124/2009 612412009 6111/2009 Total Checks 06I1810911:49AM Page 1 JUNE 2009 Check AmI $296.71 OFFICE SUPPLIES - REIMBURSEMEN $158.00 REPLACEMENT KIT FOR AED CHARGE $161.00 T BENDER & K STEPHAN AFLAC INS $202.05 MCBRIDE PARK - MIXING TRAILER $243.06 APRIL 09 FUEL $398.15 2009 JULY DENTALlNS. $2,286.39 WATER METER PARTS $267.19 BULK STAMP ENVELOPES $133.55 OIL & FILTER CHANGE ON 2008 FO $250.00 INS. FOR FIREWORKS DISPLAY ON $85.25 OPERATING SUPPLIES MCBRIDE PAR $14,665.91 JULY 2009 WASTE WATER SERVICE $247.48 BACK UP TAPES $805.10 OPERATING SUPPLIES $109.53 FSA REIMBURSEMENT - MEDICAL EX $175.00 AD FOR 8K RUN $126.25 6-2-09 P & Z MEETING $1,852.67 1880 MAIN ST - SERV TRHU 6-9-0 $19,472.10 PAY PERIOD 12 $41,935.39 NOTE: THERE WILL BE AN UPDATED LIST OF DISBURSMENTS FOR APPROVAL ON 6-24-09. ~~~'A~'A 13 CENTENNIAL LAKES POLICE DEPT Check Register - POLICE GL Page: 1 Check Issue Dates: 6/1/2009 - 6/1112009 Jun 11, 2009 01:56PM Report Criteria: . Report type: GL detail GL Check Check Number Vendor Description Check Period Issue Date Number Payee Amount 06109 0611112009 6932 130450 MERCY & UNITY HOSPIT DEPOSIT AED GRANT 400.00- V 06109 0611112009 7302 10155 ACTION FLEET, INC NEW VEHICLE SET UP 3,105.95 06109 0611112009 7303 10590 AMERICAN MESSAGING JUNE PAGER SERVICE 39.38 06109 0611112009 7304 10794 ANOKA COUNTY ATTOR FORFEITURE DISTRIBUTION 770.75 06/09 06111/2009 7305 30063 CP TELCOM PHONES/LONG DIST 350.70 06/09 06111/2009 7306 31253 COVERALL OF TWIN CITI JUNE CLEANING SERVICE 793.43 06/09 0611112009 7307 40170 DAKOTA COUNTY RECEI DETOX TRANSPORT 134.00 06/09 06111/2009 7306 40300 DELTA DENTAL JULY DENTAL 880.35 06109 0611112009 7309 40430 DISPLAY SALES CO FLAGS 59.78 06109 0611112009 7310 40700 DON'S CIRCLE SERVICE, VEH REPAIRS & MTC 801.16 06/09 0611112009 7311 50430 HINES PRODUCTS CORP NATL NIGHT OUT BRACELETS 200.50 06/09 0611112009 7312 80420 HE~ETT-PACKARDCO MONITOR 149.45 06/09 06111/2009 7313 120177 MICHELLE LAKSO CERT HOURS 345.00 06109 06111/2009 7314 120331 LEAGUE OF MN CITIES I 6 MOS PROP/LIABILITY 9,188.00 06/09 0611112009 7315 140483 NORTHERN AIR CORPO REPLACED BLOWER BEL T/MTC 701.39 06/09 06111/2009 7316 150100 OFFICE MAX CONTRACT OFFICE SUPPLIES 67.83 06109 06111/2009 7316 150100 OFFICE MAX CONTRACT OFFICE SUPPLIES 60.27 06109 0611112009 7317 150500 O'REILLY AUTOMOTIVE, I SPEED TRAILER ADAPTER 11.73 06109 0611112009 7318 160250 PETTY CASH / BRITNI AU POSTAGE 30.54 06/09 0611112009 7318 160250 PETTY CASH / BRITNI AU RADAR BATTERIES 19.15 06/09 06111/2009 7319 170180 OWEST COMMUNICATIONS 110.62 06/09 0611112009 7319 170180 OWEST CENTERVILLE PH 55.31 06/09 0611112009 7320 190170 SAFETY SERVICES, INC C E R T SUPPLIES 192.20 06/09 0611112009 7321 190390 SHRED RIGHT, INC SHREDDING 55.69 06109 0611112009 7322 190625 SPEEDWAY SUPERAME MAY FUEL 3,034.37 06109 0611112009 7323 190770 STATE OF MINNESOTA SEIZED PROP PROCEEDS 385.38 06/09 0611112009 7324 190910 STREICHER'S, INC FIREARM SUPPLY MAMBA SLlN 62.80 06109 0611112009 7325 200043 TELECIDE PRODUCTION SMART PRO UPS 266.88 06/09 0611112009 7325 200043 TELECIDE PRODUCTION EOUIPMENT 570.38 06109 0611112009 7325 200043 TELECIDE PRODUCTION COMPUTER MTC 180.00 06/09 0611112009 7326 210127 UNICARE LIFE & HEALTH JULY LIFE/DISABILITY INS 112.70 08/09 0611112009 7327 210300 UPPER MIDWEST COMM TRAINING 425.00 06109 0611112009 7328 230160 WALLEN-FRIEDMAN & FL LEGAL FEES 1,005.00 08109 0811112009 7328 230180 WALLEN-FRIEDMAN & FL LEGAL FEES 337.50 Grand Totals: 24,103.19 M = Manual Check, V = Void Check 14 CENTENNIAL FIRE DISTRICT Check Register - FIRE GL Check Issue Dates: 6/2/2009 - 6/1712009 Page: 1 Jun 17, 2009 12:31PM Report Criteria: Report type: GL detail GL Check Check Period Issue Date Number 06/09 0611712009 Tola13817: 06109 06117/2009 Tola13818: 06109 06117/2009 Total 3819: 06/09 0611712009 06109 0611712009 06/09 0611712009 T olal 3820: 06/09 06/1712009 TOlal3821: 06109 0611712009 T olal 3822: 06/09 0611712009 T olal 3823: 06/09 06/17/2009 T olal 3824: 06/09 06117/2009 T olal 3825: 06109 0611712009 T olal 3826: 06109 0611712009 06/09 0611712009 06109 0611712009 06109 0611712009 06109 0611712009 06109 0611712009 3817 3818 3819 3820 3820 3820 3821 3822 3823 3824 3825 3826 Vendor Number Description Payee Check Amount 85.90 85.90 90.38 90.38 95.52 95.52 95.00 94.00 94.00 283.00 457.48 457.48 21.25 21.25 307.42 307.42 93.44 93.44 1,480.00 1,460.00 213.80 213.80 9,412.56 7,101.36 5,028.33 3,220.00 2,536.53 857.70 11565 ASPEN MILLS UNIFORMS 20120 BATTERIES PLUS BATTERIES 30480 CENTENNIAL UTILITIES STATION 1 UTILITIES 31006 COMCAST 31006 COMCAST 31006 COMCAST STATION 2 INTERNET INTERNET CENTERVILLE STATI INTERNET STATION 1 31137 CON NEXUS ENERGY MAY ELECTRIC STATION 1 40040 DEEP ROCK WATER CO BOTTLED WATER 50120 EMERGENCY APPARATU GRASS RIG 21 MTC 70500 GRAFIX SHOPPE, INC VEH REFLECTIVE LETTERING 90175 INNOVATIVE GRAPHICS SAFETY CAMP TSHIRTS 110025 KQ CLEANING SERVICES JANITORIAL SERVICE 3827 120450 CITY OF L1NO LAKES MAY REIMBURSEMENTS 3827 120450 CITY OF L1NO LAKES MAY REIMBURSEMENTS 3827 120450 CITY OF L1NO LAKES MAY REIMBURSEMENTS 3827 120450 CITY OF L1NO LAKES MAY REIMBURSEMENTS 3827 120450 CITY OF L1NO LAKES MAY REIMBURSEMENTS 3827 120450 CITY OF L1NO LAKES MAY REIMBURSEMENTS M = Manual Check, V = Void Check 15 --- CENTENNIAL FIRE DISTRICT Check Register - FIRE GL Page: 2 Check Issue Dates: 612/2009 - 6/17/2009 Jun 17, 2009 12:31PM GL Check Check Vendor Description Check Period Issue Date Number Number Payee Amount Total 3827: 27,956.48 06/09 0611712009 3828 120490 LOFFLER COMPANIES, I COPIER MTC CONTRACT 164.22 Total 3828: 164.22 06/09 0611712009 3829 140050 NFPA NATL FIRE CODES SUBSCRIPTI 875.00 Total 3829: 875.00 06/09 06117/2009 3830 140500 NORTH METRO AUTOGL FORD EXPEDITION W1NDSHIEL 200.00 06/09 0611712009 3830 140500 NORTH METRO AUTOGL 1994 GMC WINDSHIELD MTC 200.00 Total 3830: 400.00 06/09 06117/2009 3831 150140 OFFICE DEPOT, INC PAPER/INK 165.43 Total 3831: 165.43 06109 06117/2009 3832 160050 PAETEC PHONES STATION 2 364.46 Total 3832: 364.46 06/09 0611712009 3833 160100 PAPERDIRECT SAFETY CAMP EXPENSE 155.69 Total 3833: 155.69 06109 06/17/2009 3834 160130 PERFORMANCE PLUS PHYSICALS 2,200.00 06109 0611712009 3834 160130 PERFORMANCE PLUS PHYSICALS 550.00 Total 3834: 2,750.00 06/09 06117/2009 3835 170180 QWlEST PHONE EXPENSE 55.31 Total 3835: 55.31 06/09 06117/2009 3838 190350 SENTRY SYSTEMS, INC 3RD OTR MONITORING STATIO 72.69 Total 3836: 72.69 06/09 0611712009 3837 210232 UNI-SELECT VEH SUPPLY 65.51 Total 3837: 65.51 06/09 0611712009 3838 240100 XCEL ENERGY ELECTRIC STATION 2 420.07 Total 3838: 420.07 06109 0611712009 3839 20050 B & B PRODUCTS BUILDUP 09 ESCAPE 5,312.70 M : Manual Check, V : Void Check 16 CENTENNIAL FIRE DISTRICT Check Register - FIRE GL Check Issue Dates: 6/212009 - 6/1712009 Page: 3 Jun 17, 2009 12:31PM GL Check 'eriod Issue Date Check Number Vendor Number Description Check Amount Payee T olal 3839: 5,312.70 Grand Totals: 41,865.73 M ~ Manual Check, V ~ Void Check 17 ENGINEER>S COpy i 4- Bonestroo Owner: City of Centerville, 1880 Main St, Centerville, MN 55038 Date: June 17, 2009 For Period: 5/20/2009 to 6117/2009 Request No: 2 Contrador: Forest lake Contradinq, 14777 lake Dr., Forest lake, MN 55025 CONTRACTOR'S REQUEST FOR PAYMENT 2009 STREET IMPROVEMENTS BONESTROO FilE NO. 000616-09170-0 CITY PROJECT NO. 2009.02 SUMMARY 1 Original Contract Amount 2 Change Order - Addition 3 Change Order - Deduction 4 Revised Contract Amount 5 Value Completed to Date 6 Material on Hand 7 Amount Earned 8 Less Retainage 5% 9 Subtotal 10 Less Amount Paid Previously 11 Liquidated damages - 12 AMOUNT DUE THIS REQUEST FOR PAYMENT NO. $ $ 0.00 $ 0.00 $ $ $ $ $ $ $ $ 2 $ 1 ,3S 1,73725 1,351,73725 126,946.00 0.00 126,946.00 6,347.30 120,598.70 17,622.50 000 102,976.20 Recommended for Approval by: BONESTROO ~z- Approved ontractor: FOR~~NTRA~. I ~ . ~ 'L:../- Approved by Owner: CITY OF CENTERVILLE Specified Contrad Completion Date: Date: 61609170REa2.x1s 18 Contract Unit Current Quantity Amount No. Item Unit Quantity Price Quantity to Date to Date PART 1 - PROJECT MANAGEMENT: 1 MOBILIZATION LS 2200000 0.1 OJ $6,60000 2 TRAffiC CONTROL LS 4000.00 0.1 OJ $1,200.00 TOTAL PART 1 - PROJECT MANAGEMENT: $7,800.00 PART 2 - TYPE 11/ & IV IMPROVEMENTS: 3 TEMPORARY ROCK CONSTRUCTION ENTRANCE TN 50 15.00 $0.00 4 SILT FENCE, MACHINE SLICED LF 1700 DAD $O.OD 5 REMOVE BITUMINOUS PAVEMENT SY 29300 2.00 20055 20855 $41.71000 6 REMOVE CONCRETE CURB AND GUTTER LF 2250 4.00 300 $1,20000 7 REMOVE BITUMINOUS DRIVEWAY SY 375 4.00 $0.00 8 REMOVE CONCRETE DRIVEWAY PAVEMENT SY 50 5.00 $0.00 9 REMOVE STORM SEWER PIPE LF 100 8.00 $0.00 10 REMOVE TREE EA 10 95.00 $0.00 11 REMOVE STORM SEWER CATCH BASIN MANHOLE EA 4 300.00 2 2 $600.00 12 BOLT REPLACEMENT - HYDRANT AND GATE VALVE EA 15 1100.00 9 15 $16,500.00 13 BOLT REPLACEMENT - GATE VALVE EA 24 400.00 10 18 $7,200.00 14 SALVAGE AND REINSTALL IRRIGATION LINES LF 250 3.00 $0.00 15 SALVAGE AND REINSTALL IRRIGATION HEADS EA 10 80.00 $0.00 16 ADJUST EXISTING CURB BOX EA 10 110.00 $0.00 17 ADJUST EXISTING VALVE BOX EA 23 300.00 $0.00 18 ADJUST EXISTING SANITARY SEWER MANHOLE FRAME AND RING CASTING EA 39 500.00 $0.00 19 ADJUST EXISTING STORM SEWER CA TCHBASIN FRAME AND RING CASTING EA 7 300.00 $0.00 20 ADJUST EXISTING STORM SEWER CA1CHBASIN MANHOLE FRAME AND RING CASTING EA 16 600.00 $0.00 21 RECONSTRUCT SANITARY MANHOLE LF 11 300.00 4 4 $1,20000 22 RECONSTRUCT EXISTING VALVE BOX EA 7 300.00 $0.00 23 GROUT EXISTING STRUCTURE, INCl. DOGHOUSES, INVERTS, BENCHES EA 25 250.00 $0.00 24 SAWING BITUMINOUS PAVEMENT LF 77S 300 $0.00 25 SAWING CONCRETE PAVEMENT LF SO 4.00 $0.00 26 MILL BITUMINOUS CONSTRUCTION JOINT LF 300 300 $0.00 27 REMOVE EXISTING 18" TRASH GUARD EA 1 60.00 $0.00 28 CLEAN EXISTING STORM PIPE LF 300 5.00 $0.00 29 CONNECT TO EXISTING STORM SEWER STRUCTURE EA 1 600.00 $0.00 30 CONNECT TO EXISTING RCP STORM SEWER EA 5 600.00 $0.00 31 INSTAll1B" TRASH GUARD ON EXISTING FLARED END SECTION EA 1 350.00 $0.00 32 15" RCP flARED END SECTION, INCl. TRASH GUARD EA 2 800.00 $0.00 33 12" RCP STORM SEWER, CLASS 5 LF 135 30.00 $0.00 34 15" RCP STORM SEWER, CLASS 5 LF 365 33.00 47 47 $1,55100 35 18" RCP STORM SEWER, CLASS 5 LF 48 36.00 $0.00 36 CLASS 111 RANDOM RIPRAP CY 70 70.00 $0.00 37 2' X 3' CB, INCl. R-3067-V CSTG AND CONC AD! RINGS EA 3 1600.00 2 2 $3,20000 38 4' DIA STORM SEWER CBMH, INCl. R-3067-V CSTG AND CONC AD! RINGS EA 7 1800.00 3 3 $5,40000 39 CONSTRUCT 4' DIA CBMH OVER EXISTING STORM SEWER PIPE, INCl. R-3067-V CSTG AND CONC ADJ RINGS EA 2500.00 $2,50000 40 CONNECT DRAINTILE TO EXISTING STORM STRUCTURE EA 42 180.00 $0.00 41 4" PERFORATED POLYETHYlENE DRAINTILE PIPE WITH SOCK WRAP LF 3500 300 $0.00 42 4" PERFORATED POLYETHYlENE DRAINTILE PIPE WITH COARSE FILTER AGGREGATE, GEOTEXTILE WRAP, AND SOCK WRAP LF 12400 8.00 $000 61609170RE02_xls 19 Contract Unit Current Quantity Amount No. Item Unit Quantity Price Quantity to Date to Date 43 IMPROVED PIPE FOUNDATION, PER 6" INCREMENT. STORM SEWER LF 300 5.00 $0.00 44 COMMDN EXCAVATION (EV) CY 5000 700 1485 1485 $10,395.00 45 COMMON EXCAVATION (EV). STORM SEWER CROSSINGS CY 4500 0.01 $0.00 46 SUBGRADE EXCAVATION (EV) CY 2000 700 $0.00 47 TOLERANCE CLASS 5 . TYPE IV IMPROVEMENTS ONLY LF 6500 2.50 $0.00 48 SUBGRADE PREPARATION. STREET SY 10900 0.01 $000 49 GEOTEXTllE FABRIC, TYPE V SY 10900 1.40 100 350 $49000 50 SElECT GRANULAR BORROW (CV) CY 7000 12.00 200 200 $2,400.00 51 AGGREGATE BASE, ClASS 5 TN 5150 8.00 400 400 $3,20000 52 TYPE LV4 WEARING COURSE MIXTURE (B). DRIVEWAYS TN 225 77.00 $000 53 TYPE LV 3 NON WEARING COURSE MIXTURE (B) TN 3975 47.50 $0.00 54 TYPE LV 3 WEARING COURSE MIXTURE (8) - 2009 TN 2850 48.00 $000 55 BITUMINOUS MATERiAl FOR TACK COAT. 2009 GAL 1850 US $0.00 56 SAW AND SEAL TRANSVERSE JOINTS IN BITUMINOUS WEAR COURSE. 2009 LF 6700 1.70 $0.00 57 CONCRETE CURB AND GUTTER LF 2250 14.00 $0.00 58 CURB REINFORCEMENT BARS, NO.4 LF 1120 0.50 $000 59 6" CONCRETE DRIVEWAY PAVEMENT SY 55 40.00 $000 60 TOPSOIL BORROW (lV) CY 400 12.00 $000 61 SODDING, LAWN TYPE SY 2300 4.00 $0.00 62 TURF REINFORCEMENT MAT SY 50 12.50 $000 63 TRANSPLANT TREE. PINE EA 7 150.00 $0.00 64 TRANSPLANT TREE. DECIDUOUS EA 1 150.00 $0.00 65 SEGMENTAL RETAINING WAll SF 1750 17.00 $0.00 66 CONSTRUCT RAIN GARDEN SF 8500 375 $000 67 SEEDING, INCl. MNDOT SEED MIX 270 AND EROSION CONTROl BLANKET, CATERGORY 3, BIDDEGRADABlE NETTING 5Y 950 1.90 $0.00 68 DITCH EXCAVATION. 73RD STREET, NORTH OF EXISTING flARED END SECTION lF 50 3300 $0.00 69 CATCH BASIN PROTECTION EA 18 50.00 8 $400.00 70 STREET SWEEPER (PICKUP BROOM W/OPERA TOR) HR 35 80.00 $0.00 TOTAL PART 2 - TYPE III & IV IMPROVEMENTS: $97,946.00 PART 3 . TYPE V IMPROVEMENTS. CLEAR RIDGE, GRANGE VIEW, BRIAN WAY, BRIAN DRIVE, AND FOX RUN AREAS: 71 REMOVE BITUMINOUS PAVEMENT SY 1975 3.00 300 300 $900.00 72 REMOVE CONCRETE CURB AND GUTTER lF 750 4.00 $000 73 REMOVE BITUMINOUS DRIVEWAY SY 150 4.00 $0.00 74 REMOVE BITUMINOUS PATH 5Y 20 4.00 $0.00 75 REMOVE STORM SEWER PIPE LF 80 8.00 $0.00 76 SALVAGE AND REINSTAll IRRIGATION LINES IF 100 3DO $0.00 77 SALVAGE AND REINSTAll IRRIGATION HEADS EA 5 80.DO $0.00 78 BOLT REPLACEMENT - HYDRANT AND GATE VALVE EA 9 1100.00 8 8 $8,80000 79 BOLT REPLACEMENT - GATE VALVE EA 9 500.00 9 9 $4,50000 80 SALVAGE AND REINSTALL MAilBOX EA 5 100.00 $0.00 81 ADJUST EXISTING VALVE BOX EA 9 400.00 $0.00 82 ADJUST EXISTING SANITARY SEWER MANHOLE FRAME AND RING CASTING EA 13 500.00 $0.00 83 ADJUST EXISTING STORM SEWER CATCHBASIN FRAME AND RING CASTING EA 3 300.00 $000 84 ADJUST EXISTING STORM SEWER CATCHBASIN MANHOlE FRAME AND RING CASTING EA 6 600.00 $000 85 GROUT EXISTING STRUCTURE, INCl DOGHOUSES, INVERTS, BENCHES EA 5 300.00 $0.00 86 SAWING BITUMINOUS PAVEMENT LF 1500 100 $000 87 MILL BITUMINOUS CONSTRUCTION JOINT LF 185 300 $0.00 81809170REQ2.x1s 20 Contract Unit Current Quantity Amount No. Item Unit Quantity Price Quantity to Date to Date 88 EDGE Mill BITUMINOUS 6' WIDE IF 7850 0.80 $0.00 89 CLEAN EXISTING 5TORM PIPE IF 200 5.00 $0.00 90 CONNECT DRAINTllE TO EXISTING STORM STRUCTURE EA 14 160.00 $000 91 4" PERFORATED POLYETHYLENE DRAINTllE PIPE WITH SOCK WRAP IF 300 3.00 $0.00 92 COMMON EXCAVATION (EV) - STORM SEWER CROSSI~ CY 5500 0.01 $0.00 93 SUBGRADE EXCAVATION (EV) CY 1200 700 $0.00 94 GEOTEXTllE FABRIC, TYPE V SY 1750 140 $0.00 95 SELECT GRANULAR BORROW (CV) CY 350 1800 $0.00 96 AGGREGATE BASE, ClASS 5 TN 950 1500 $0.00 97 AGGREGATE BASE, ClASS 5 - SIDEWALKS AND DRIVEWAYS TN 75 2200 $0.00 98 TYPE lV4 WEARING COURSE MIXTURE (B)- DRIVEWAYS TN 30 82.00 $0.00 99 BITUMINOUS PATCHING - STREET, TYPE lV 3 NON WEARING COURSE MIXTURE (B) TN 575 61.00 $0.00 100 TYPE LV 3 WEARING COURSE MIXTURE (B) - 2009 TN 1475 48.00 $000 101 BITUMINOUS MATERIAL FOR TACK COAT - 2009 GAL 875 175 $0.00 102 CONCRETE CURB AND GUTTER IF 750 14.00 $0.00 103 CURB REINFORCEMENT BARS, NO.4 IF 300 0.50 $0.00 104 6" CONCRETE PEDESTRIAN RAMP SY 10 4100 $0.00 105 4" CONCRETE SIDEWALK SY 130 2700 $0.00 106 TRUNCATED DOME PANEL SF 12 40.00 $0.00 107 TOPSOil BORROW (l V) CY 150 1800 $0.00 108 SODDING, LAWN TYPE SY 1000 5.00 $0.00 109 STREET SWEEPER (PICKUP BRDOM WIOPERA TOR) HR 10 80.00 $0.00 TOTAL PART 3 - TYPE V IMPROVEMENTS - ClEAR RIDGE, GRANGE VIEW, BRIAN WAY, BRIAN DRIVE, AND FOX RUN AREAS: $14,20000 PART 4 - BACKYARD DRAINAGE IMPROVEMENTS - BRIAN DRIVE, BRD STREET, AND QUEBEC STREET AREAS: 110 CLEAR AND GRUB AND REMDVE LANDSCAPE - BRIAN DRIVE AREA lS 1 2000.00 $0.00 111 REMOVE TREE - QUEBEC STREET AREA EA 4 95.00 $0.00 112 SALVAGE AND REINSTAll IRRIGATION LINES IF 200 3.00 $0.00 113 SALVAGE AND REINSTAll IRRIGATION HEADS EA 10 BODO $0.00 114 SAlVAGE AND REINSTAll FENCE LF 775 10.00 $0.00 115 DITCH EXCAVATION IF 110 3300 $0.00 116 CONSTRUCT 4' DIA STORM SEWER MH OVER EXISTING STORM SEWER PIPE, INCl R-1642-B CSTG AND CONC ADJ RINGS EA 2400.00 $000 117 6" PERFORATED PVC DRAINTllE PIPE, SCHEDULE 40, WITH COARSE FilTER AGGREGATE AND GEOTEXTllE WRAP - QUEBEC STREET AREA IF 800 24.00 $0.00 118 6" PERfORATED PVC DRAINTILE PIPE, SCHEDULE 40, WITH COAR5E FilTER AGGREGATE AND GEOTEXTllE WRAP - BRIAN DRIVE AREA IF 515 28.00 $0.00 119 6" PERFORATED PVC DRAINTILE PIPE, SCHEDULE 40, WITH COARSE filTER AGGREGATE AND GEDTEXTIU WRAP - 73RD STREET AREA IF 175 2800 $0.00 120 6" PVC 90 DEGREE BEND EA 7 20.00 $0.00 121 6" X 6" PVC TEE EA 10 30.00 $0.00 122 6" PVC CLEANOUT EA 2 240.00 $0.00 123 6" YARD DRAIN EA 12 140.00 $0.00 124 6" RODENTCAP EA 2 2200 $0.00 125 S" BLACK POlYETHYlENE LAWN EDGING IF 300 5.00 $0.00 126 1 112" WASHED RIVER ROCK CY 100 6000 $000 127 CLASS III RANDOM RIPRAP CY 16 BO.OO $0.00 128 TOPSOil BORROW (lV) CY 45 30.00 $0.00 129 SODDING, LAWN TYPE SY 2500 4.00 $0.00 6160917OREa2.x15 21 Contract Unit Current Quantity Amount No, Item Unit Quantity Price Quantity to Date to Date 130 FINAL GRADING AND SHAPING BACKYARDS - 73RD STREET AREA SY 4S0 100 10.00 131 FINAl GRADING AND SHAPING BACKYARDS- QUEBEC STREET AREA SY 1150 100 $000 132 FINAL GRADING AND SHAPING BACKYARDS - BRIAN DRIVE AREA SY 900 100 $000 TOTAL PART 4 - BACKYARD DRAINAGE IMPROVEMENTS - BRIAN DRIVE, 73RD STREET, AND QUEBEC STREET AREAS: $0.00 ALTERNATE NO, 1 - FUNOING AGENCY REQUIREMENTS: 133 ADDITIONAL COMPENSATION NEEDED IF FUNDING AGENCY REQUIREMENTS ARE ADDED TO THE JOB LS 14000.00 0.5 0.5 $7,000.00 TOTAL ALTERNATE NO.1 - FUNDING AGENCY REQUIREMENTS: 17,00000 TOTAL PART 1 - PROJECT MANAGEMENT: TOTAL PART 2 - TYPE III & IV IMPROVEMENTS: TOTAL PART 3 - TYPE V IMPROVEMENTS - ClEAR RIDGE, GRANGE VIEW, BRIAN WAY, BRIAN DRIVE, AND FOX R UN AREAS: TOTAL PART 4 - BACKYARD DRAINAGE IMPROVEMENTS - BRIAN DRIVE, 73RD STREET, AND QUEBEC STREET AREAS: TOTAL Al TERNATE NO. 1 - FUNDING AGENCY REQUIREMENTS: TOTAL WORK COMPLETED TO DATE $7,80000 197,94600 $14,200.00 10.00 $7,00000 $126,946,00 61609170REQ2.x1; 22 PROJECT PAYMENT STATUS OWNER CITY OF CENTERVILLE CITY PROJECT NO. 2009.02 BONESTROO FILE NO. 000616-09170-0 CONTRACTOR FOREST LAKE CONTRACTING CHANGE ORDERS No. Date Descri ption Amount Total Change Orders PAYMENT SUMMARY No. From To Payment RetainaQe Completed 1 05/04/2009 05/19/09 17,622.50 927.50 18,55000 2 OS/20/2009 06/17/09 102,976.20 6,347.30 126,94600 Material on Hand Total Payment to Date $120,598.70 Original Contract $1,351,737.25 Retainaae Pay No. 2 6,347.30 Chanqe Orders Total Amount Earned $126,946.00 Revised Contract $1,351,737.25 61609170REQ2.xIs 23 ENGINEER'S COpyl # Bonestroo Owner: City of CenteNille, 1880 Main St, CemeNille, MN 55038 Date: June 17, 2009 For Period: 5/20/2009 to 6/17/2009 Reauest No: 2 Contractor: Forest Lake Contractinq, 14777 Lake Dr, Forest Lake, MN 55025 CONTRACTOR'S REQUEST FOR PAYMENT PELTIER LAKE DRIVE STREET AND UTILITY IMPROVEMENTS BONE5TROO FILE NO. 000616-09169-0 CITY PROJECT NO. 2009.01 SUMMARY 1 Original Contract Amount 2 Change Order - Addition 3 Change Order - Deduction 4 Revised Contract Amount 5 Value Completed to Date 6 Material on Hand 7 Amount Earned 8 Less Retainage 5% 9 Subtotal 10 Less Amount Paid Previously 11 Liquidated damages - 12 AMOUNT DUE THIS REQUEST FOR PAYMENT NO. $ 249,11625 $ 0.00 $ $ $ $ $ $ $ $ $ 2 Recommended for Approval by: BONESTROO df' ~_ Approved by Contractor: FOR~ CON:zp~ . jI {" Approved by Owner: CITY OF CENTERVILLE $ 1,534,085.11 1,783,201.36 312,33271 0.00 312,332.71 15,616.64 296,716.07 38,952.10 0.00 257,763.97 Specified Contract Completion Date: Date: 61609169REQ2.xJs 24 Contract Unit Current Quantity Amount No. Item Unit Quantity Price Quantity to Date to Date PART 1 - PROJECT MANAGEMENT: 1 MOBIlIZATION LS 75000.00 0.1 OJ 122,500.00 2 TRAFFIC CONTROL LS 4000.00 0.1 OJ $1,200.00 TOTAL PART 1 - PROJECT MANAGEMENT: $23,70000 PART 2A- TYPE I, II. AND III IMPROVEMENTS - PElTIER LAKE DR & CENTERVILLE RD AREAS: 3 TEMPORARY ROCK CONSTRUCTION ENTRANCE TN 150 5.00 75 75 $37500 4 FLOTATION SILT CURTAIN Lf 225 8.00 10 110 $8.8000 5 SILT FENCE, MACHINE SLICED LF 3050 100 7B2 $7B2.00 6 TEMPORARY MAILBOXES LS 1 750.00 1 $750.00 7 DEWATERING LS 1 0.01 1 $001 B REMOVE BITUMINOUS PAVEMENT SY 14500 100 10022 $10,02200 9 REMOVE CONCRETE CURB AND GUTTER Lf 100 6.00 $0.00 10 REMOVE BITUMINOUS DRIVEWAY SY 1425 300 $0.00 11 REMOVE CONCRETE DRIVEWAY PAVEMENT 5Y BOO 4.00 $0.00 12 REMOVE fENCE Lf 250 200 64 lB9 $37B.00 13 REMOVE WOOD WEIR EA 1 300.00 $0.00 14 REMOVE SANITARY SEWER PIPE Lf 500 300 114 114 $342.00 15 REMOVE SANITARY SEWER SERVICE PIPE Lf 400 300 25 25 $75.00 16 REMOVE STORM SEWER PIPE Lf 700 7.00 32 32 $224.00 17 REMOVE fLARED END SECTION EA 2 200.00 1 1 $200.00 lB REMOVE WATER MAIN Lf 50 5.00 $0.00 19 REMOVE TREE EA 30 100.00 30 30 $3,00000 20 REMOVE STORM SEWER CATCH BASIN MANHOLE EA 8 300.00 2 2 $600.00 21 REMOVE STORM SEWER CATCH BASIN EA 2 300.00 $0.00 22 SALVAGE AND REINSTALL MAILBOX EA 65 50.00 33 33 $1,650.00 23 SALVAGE GATE VALVE AND BOX EA 1 300.00 $0.00 24 SALVAGE HYDRANT, GATE VALVE, 8" X 6" TEE, AND PLUG EA 1 600.00 $600.00 25 SALVAGE HYDRANT, VALVE, AND 8" X 6" REDUCER EA 1 600.00 $0.00 26 REINSTALL SALVAGED HYDRANT AND VALVE EA 2 800.00 $800.00 27 SALVAGE AND REINSTALL SIGN EA 25 85.00 $000 28 SALVAGE AND REINSTALL IRRIGATION LINES Lf 1500 3.00 $0.00 29 SALVAGE AND REINSTALL IRRIGATION HEADS EA 30 6000 $0.00 30 ADJUST EXISTING CURB BOX EA 8 50.00 $0.00 31 ADJUST EXISTING VALVE BOX EA 2 600.00 $0.00 32 ADJUST EXISTING SANITARY SEWER MANHOLE fRAME AND RING CASTING EA 38 400.00 $0.00 33 ADJUST EXISTING STORM SEWER MANHOLE fRAME AND RING CASTING EA 1 600.00 $0.00 34 R.1914.A CASTING PLACED IN PATHWAY OR SIDEWALK EA 8 30000 $0.00 35 RECONSTRUCT EXISTING VALVE BOX EA 1 300.00 $0.00 36 RECONSTRUCT SANITARY SEWER MANHOLE Lf 14 300.00 $0.00 37 RECONSTRUCT SANITARY SEWER OLlTSIDE DROP Lf 10 800.00 0.5 0.5 $400 00 38 GROUT EXISTING STRUCTURE,INCL DOGHOUSES, INVERTS, BENCHES EA 10 90.00 $0.00 39 SAWING BITUMINOUS PAVEMENT Lf 1675 4.00 $0.00 40 SAWING CONCRETE PAVEMENT Lf 700 4.00 $0.00 41 CONNECTTO EXISTING 8" WATER MAIN EA 4 800.00 1 $800.00 42 8' PVC C900 WATER MAIN, DR 18 Lf 2800 30.00 803 974 $29,220.00 43 6" PVC C900WATER MAIN, DR 18 Lf 200 25.00 38 41 $1,025.00 44 8" GATE VALVE AND BOX EA 5 1500.00 1 1 $1,50000 45 HYDRANT WITH VALVE EA 7 4000.00 1 2 $8,000.00 46 DUCTILE IRON fiTTINGS LB 5750 220 1165 2071 $4,556.20 47 HYDRANT EXTENSION Lf 3 500.00 $0.00 48 CONNECT WATER SERVICE TO EXISTING PLUMBING INSIDE HOME EA 24 500.00 $0.00 49 1" CORPORATION STOP WITH 8" SADDLE EA 48 300.00 4 4 $1,20000 50 1" CURB STOP AND BOX EA 4B 300.00 4 4 $1,200.00 51 1" WATER SERVICE - MAIN TO CURB STOP Lf 1700 14.00 BO 80 $1,120.00 61609169REQ2.x1s 25 -- Contract Unit Current Quantity Amount No. Item Unit Quantity Price Quantity to Date to Date 52 1" WATER SERVICE DIRECTIONAL DRilLED - CURB STOP TO HOME Lf 1250 1400 $0.00 53 INSULATION, 4" THICK SY 150 20.00 l.8 1.8 $36.00 54 IMPROVED PIPE fOUNDATION, PER 6" INCREMENT - WATER MAIN If 1500 4.00 1000 1000 $4,000 00 55 ClOSED CIRCUIT TV INSPECTION Lf 3800 LSD $000 56 CONNECT TO EXISTING SANITARY SEWER VCP EA 12 400.00 7 7 $2,80000 57 CONNECT TO EXISTING SANITARY SEWER MANHOLE EA 6 800.00 3 3 $2,40000 58 8" PVC SANITARY SEWER, SDR 26, 0' - 13' DEEP If 450 38.00 $0.00 59 8" PVC SANITARY SEWER, SDR 26, 13' AND DEEPER If 350 5500 114 114 $6,27000 60 RECONNECT 4" SANITARY SEWER SERVICE EA 20 150.00 1 1 $15000 61 4" PVC, SCH. 40 SERVICE PIPE If 400 35.00 5 5 $175.00 62 4" PVC, SCH. 80 RISER PIPE If 250 25.00 $0.00 63 8" X 4" PVC WYE, SDR 26 EA 20 150.00 2 2 $300.00 64 IMPROVED PIPE fOUNDATION, PER 6" INCREMENT - SANITARY SEWER Lf 1500 4.00 228 228 $912.00 TOTAL PART 2A- TYPE I, II, AND III IMPROVEMENTS - PElTIER lAKE DR & CENTERVllLE RDAREAS: $86,742.21 PART 2B- TYPE I, II, AND III IMPROVEMENTS . PEL TIER LAKE DR & CENTERVILLE RD AREAS: 65 CLEAN EXISTING STORM PIPE Lf 400 5.00 $0.00 66 CONNECT TO EXISTING RCP STORM SEWER EA 2 600 00 $000 67 12" RCP fLARED END SECTION, INCt. TRASH GUARD EA 1 700.00 $0.00 68 18" RCP fLARED END SECTION, INCL. TRASH GUARD fA 4 700.00 $000 69 12" RCP STORM SEWER, CLASS 5 Lf 466 25.00 $0.00 70 15" RCP STORM SEWER, CLASS 5 Lf 279 28.00 $0.00 71 18" RCP STORM SEWER, CLASS 5 Lf 762 30.00 29 29 $870.00 72 21" RCP STORM SEWER, CLASS 4 Lf 32 32.00 $0.00 73 CLASS 1/1 RANDOM RIPRAP CY 114 70.00 $0.00 74 2' X 3' CB, INCt. R.3067-V CSTG AND CONC AD! RINGS EA 8 1500.00 10.00 75 4' DIA STORM SEWER CBMH, INCL. R-3067-V CSTG AND CONC ADJ RINGS EA 14 1700.00 2 2 $3,40000 76 4' DIA STORM SEWER MH, INCt R-1642-B CSTG AND CONC AD! RINGS EA 170000 10.00 77 5' DIA STORM MH, INCl R-1642-B CSTG AND CONC ADJ RINGS EA 170000 $0.00 78 2' X 3' CB WITH 2' SUMP, INCl. R-3067-V CSTG AND CONC ADJ RINGS EA 1800.00 $0.00 79 4' DIA CBMH WITH 2' SUMP, INCt. R-3067-V CSTG AND CONC AD! RINGS EA 1 2300.00 10.00 80 WOOD WEIR EA 2 1600.00 $0.00 81 4" PERfORATED POLYETHYLENE DRAINTILE PIPE WITH SOCK WRAP Lf 10050 2.00 400 400 1800.00 82 IMPROVED PIPE fOUNDATION, PER 6" INCREMENT - STORM SEWER Lf 400 5.00 1000 83 COMMON EXCAVATION (EV) CY 12500 8.00 3000 3000 124,00000 84 SUBGRADE EXCAVATION (EV) CY S750 1.00 10.00 85 SUBGRADE PREPARATION - STREET SY 16500 0.01 1000 86 GEOTEXTILE fABRIC, TYPE V SY 16S00 130 1500 1500 11,95000 87 SELECT GRANULAR BORROW (CV) CY 9750 14.00 10.00 88 AGGREGATE BASE, CLASS S TN 8100 8.00 400 400 $3,20000 89 AGGREGATE BASE, ClASS 5 - SIDEWALKS AND DRIVEWAYS TN 1000 13.00 10.00 90 TYPE LV4 WEARING COURSE MIXTURE (B) - DRIVEWAYS TN 375 92.00 10.00 91 TYPE LV 3 NON WEARING COURSE MIXTURE (B) TN 1625 55.1S $0.00 92 TYPE LV 3 WEARING COURSE MIXTURE (B) - 2010 TN 1125 61.70 10.00 93 BITUMINOUS MATERIAL fOR TACK COAT - 2010 GAL 825 2.35 $0.00 94 SAW AND SEAL TRANSVERSE JOINTS IN BITUMINOUS WEAR COURSE -2010 Lf 3750 165 $000 95 B618 CONCRETE CURB AND GUTTER Lf 7800 8.84 $000 96 SURMOUNTABLE CONCRETE CURB AND GUnER Lf 220 9.83 1000 97 SURMOUNTABLE CONCRETE CURB AND GUnER - HAND WORK Lf 100 15.30 $000 61609169REQ2.x1s 26 Contract Unit Current Quantity Amount No, Item Unit Quantity Price Quantity to Date to Date 98 CURB REINFORCEMENT BARS, NO.4 LF 100 0.93 $000 99 INSTALL STEEl PLATE COVERS - BOX CUl VERTS ON PEl TIER lAKE DRIVE EA 2 2000.00 $0.00 100 CONCRETE flUME SF 100 5.40 $0.00 101 6" CONCRETE DRIVEWAY PAVEMENT SY BOO 44.00 $0.00 102 6" CONCRETE PEDESTRIAN RAMP SY 50 43.00 $000 103 4" CONCRETE SIDEWALK SY 1050 25.00 $0.00 104 TRUNCATED DOME PANEL SF 60 32.00 $0.00 105 MILL BITUMINOUS CONSTRUCTION JOINT LF 200 4.50 $0.00 106 TOPSOIL BORROW (LV) CY 2150 2.00 $0.00 107 SODDING, LAWN TYPE SY 13450 2.65 $0.00 108 TURF REINFORCEMENT MAT SY 50 9.50 $0.00 109 SEGMENTAL RETAINING WALL SF 1750 16.00 $0.00 110 CONSTRUCT RAIN GARDEN SF 12100 l15 $0.00 111 SEEDING, INCl MNDOT SEED MIX 270 AND EROSION CONTROL 8LANKET, CATERGORY 3, BIODEGRADABLE NETTING SY 1350 125 $0.00 112 GRADING AND SHAPING BEHIND THE CURBlINE. TYPE I AND II IMPROVEMENT AREAS ONLY LS 1 1.00 $0.00 113 CATCH BASIN PROTECTION EA 23 50.00 12 12 $600.00 114 STREET SWEEPER (PICKUP BROOM WIOPERATOR) HR 25 80.00 $0.00 TOTAl PART 28- TYPE I, II, AND III IMPROVEMENTS . PEL TIER LAKE DR & CENTERVIllE RO AREAS: $34,82000 PART 3. CLEARWATER DRIVE. DIRECTIONAL DRILL WATER MAIN AND SERVICES: 115 SALVAGE AND REINSTAll MAILBOX EA 2 75.00 $0.00 116 REMOVE BITUMINOUS PAVEMENT SY 600 lOO $0.00 117 REMOVE CONCRETE CURB AND GUTTER LF 100 6.00 $0.00 llB SALVAGE AND REINSTALL IRRIGATION LINES LF 100 3.00 $0.00 119 SALVAGE AND REINSTALL IRRIGATION HEADS EA 5 90.00 $0.00 120 ADJUST EXISTING SANITARY SEWER MANHOLE FRAME AND RING CASTING EA 600.00 $0.00 121 GROUT EXISTING STRUCTURE, INCl DOGHOUSES, INVERTS, BENCHES EA 1 90.00 $000 122 SAWING BITUMINOUS PAVEMENT LF 300 lOO $0.00 123 6" WATER MAIN DIRECTIONAL DRILLED LF 375 30.00 375 375 $11,250.00 124 6" GATE VALVE AND BOX EA 1 1100.00 $0.00 125 HYDRANT WITH VALVE EA 1 4100.00 $0.00 126 DUCTILE IRON FITTINGS LB 350 lOO $0.00 127 CONNECT WATER SERVICE TO EXISTING PLUMBING INSIDE HOME EA 3 500.00 $0.00 128 1" CORPORATION STOP WITH 8" SADDLE EA 5 300.00 $0.00 129 1 " CURB STOP AND BOX EA 5 300.00 $0.00 130 1" WATER SERVICE DIRECTIONAL DRILLED - MAIN TO CURB STOP LF 350 22.00 $000 131 1" WATER SERVICE DIRECTIONAL DRillED. CURB STOP TO HOME LF 250 2800 $0.00 132 IMPROVED PIPE FOUNDATION, PER 6" INCREMENT. WATER MAIN LF 50 5.00 $0.00 133 AGGREGATE BASE, CLASS 5 TN 250 12.00 $0.00 134 TYPE lV4 WEARING COURSE MIXTURE (B). DRIVEWAYS TN 25 110.00 $0.00 135 BITUMINOUS PATCHING. STREET, TYPE LV 3 NON WEARING COURSE MIXTURE (B) TN 100 76.00 $0.00 136 BITUMINOUS PATCHING. STREET. TYPE LV 3 WEARING COURSE MIXTURE (B) TN 60 nOD $0.00 137 BITUMINOUS MATERIAL FOR TACK COAT. 2009 GAL 45 640 $0.00 138 SURMOUNTABLE CONCRETE CURB AND GUDER . HAND WORK IF 100 16.00 $0.00 139 TOPSOIL BORROW (LV) CY 50 4.00 $0.00 40 SODDING. LAWN TYPE SY 200 2.65 $0.00 141 STREET SWEEPER (PICKUP BROOM WIOPERATOR) HR 3 BO.OO $0.00 TOTAL PART 3. ClEARWATER DRIVE. DIRECTIONAL DRILL WATER MAIN AND SERVICES: $11,25000 61609169REQ2_lds 27 Contract Unit Current Quantity Amount No. Item Unit Quantity Price Quantity to Date to Date PART 4. OFF PROJECT. DIRECTIONAL DRILL WATER SERVICES: 142 CONNECT WATER SERVICE TO EXISTING PLUMBING INSIDE HOME EA 31 400.00 $000 143 1" WATER SERVICE DIRECTIONAL DRILLED - CURB STOP TO HOME Lf 1550 21.00 $0.00 144 TOPSOIL BORROW (LV) CY 150 10.00 $000 145 SODDING, LAWN TYPE SY 1000 2.65 $0.00 TOTAL PART 4 - Off PROJECT - DIRECTIONAL DRILL WATER SERVICES: $0.00 CHANGE ORDER NO.1 fUNDING AGENCY CONTRACTING REQUIREMENTS LS 8000.00 0.5 0.5 $4,00000 TOTAL CHANGE ORDER NO.1 $4,000.00 CHANGE ORDER NO.2 1 REMOVE BITUMINOUS PAVEMENT SY 60 3.00 $0.00 2 REMOVE CONCRETE DRIVEWAY PAVEMENT SY 30 4.00 $0.00 3 ADJUST EXISTING VALVE BOX EA 1 600.00 $000 4 SAWING BITUMINOUS PAVEMENT Lf 100 4.00 $0.00 5 SAWING CONCRETE PAVEMENT Lf 10 4.00 $0.00 6 CONNECT TO EXISTING B" WATER MAIN EA 2 800.00 $0.00 7 8" PVC C900 WATER MAIN, DR 18 Lf 530 52.00 $0.00 8 6" PVC C900 WATER MAIN, DR 18 Lf 18 25.00 $0.00 9 8" GATE VALVE AND BOX EA 2 1500.00 $0.00 10 DUCTIlE IRON fITTINGS LB 240 lOO $0.00 11 1" CORPORATION STOP WITH 8" SADDLE EA 8 300.00 $0.00 12 1" CURB STOP AND BOX EA 8 300.00 $0.00 13 1" WATER SERVICE - MAIN TO CURB STOP Lf 40 14.00 $0.00 14 1" WATER SERVICE DIRECTIONAL DRILLED - MAIN TO CURB STOP Lf 270 noo $0.00 lS IMPROVED PIPE fOUNDATION, PER 6" INCREMENT. WATER MAIN Lf 250 5.00 $0.00 16 SElECT GRANULAR BORROW (CV) CY 40 14.00 $0.00 17 AGGREGATE BASE, ClASS S TN 35 12.00 $0.00 18 TYPE LV4 WEARING COURSE MIXTURE (B) - DRIVEWAYS TN 4.85 110.00 $0.00 19 TYPE LV 3 NON-WEARING COURSE MIXTURE (B) TN 10 76.00 $0.00 20 TYPE LV 3 WEARING COURSE MIXTURE (B) - 2010 TN 10 noo $0.00 21 BITUMINOUS MATERIAL fOR TACK COAT. 2010 GAL 5 6.40 $0.00 22 6" CONCRETE DRIVEWAY PAVEMENT SY 30 44.00 $0.00 23 TOPSOIL BORROW (LV) CY 25 4.00 $0.00 24 SODDING, LAWN TYPE SY 225 2.65 $0.00 25 1" CORPORATION STOP WITH 8" SADDLE EA 12 300.00 $0.00 26 1" CURB STOP AND BOX EA 12 300.00 $000 27 1" WATER SERVICE - MAIN TO CURB STOP Lf 100 14.00 $0.00 28 1" WATER SERVICE DIRECTIONAL DRILLED - MAIN TO CURB STOP Lf 282 22.00 $0.00 29 TOPSOIL BORROW (LV) CY 25 10.00 $0.00 30 SODDING, LAWN TYPE SY 200 2.65 $0.00 TOTAL CHANGE ORDER NO.2 $0.00 CHANGE ORDER NO, 3 1 MUCK EXCAVATION (EV) CY 3100 15.20 2500 2500 $38,00000 2 LIGHTWEIGHT BACKfiLL (WOOD CHIPS) (LV) CY 3750 2600 2600 2600 $72,BOO.OO 3 SELECT GRANULAR BORROW (LV) I1-WAY HAUL) CY 1500 16.60 1200 1200 $19,92000 4 COMMON EXCAVATION (EV) CY 650 .600 $0.00 5 SElECT GRANULAR BORROW (CV) CY 1150 -14.00 $000 6 4" PERfORATED POlYETHYlENE DRAINTILE PIPE WITH SCOK WRAP Lf 1000 -2.00 $000 7 CREW HOURS HR 17 755.00 17 17 $12,63500 616091B9REQ2.x1s 28 I Contract Unit Current Quantity Amount No, Item Unit Quantity Price Quantity to Date to Date 8 ACCESS ROAD GRAVEL TN 135 800 135 13S $1,080DO 9 CREW HOURS HR 2.1 755.00 21 21 $1,585.50 10 DRYING/SEPARA TING/HAUlING Off SITE LS 1 5600.00 1 1 $5,600.00 TOTAL CHANGE ORDER NO.3 $1S1,820.50 TOTAL PART 1 . PROJECT MANAGEMENT: TOTAL PART 2A. TYPE I, II, AND III IMPROVEMENTS . PEL TIER LAKE DR & CENTERVlllE RD AREAS: TOTAL PART 26. TYPE I, II, AND III IMPROVEMENTS . PElTIER LAKE DR & CENTERVlllE RD AREAS: TOTAL PART 3. ClEARWATER DRIVE. DIRECTIONAL DRILL WATER MAIN AND SERVICES: TOTAL PART 4 . Off PROJECT. DIRECTIONAL DRILL WATER SERVICES: TOTAL CHANGE ORDER NO.1 TOTAL CHANGE ORDER NO.2 TOTAL CHANGE ORDER NO.3 TOTAL WORK COMPLETED TO DATE $23,70DOO $86,742.21 $34,820.00 $11,2S0.00 $0.00 $4,000.00 $0.00 $1S1,820.50 $312,332.71 61609169REQ2.x1s 29 PROJECT PAYMENT STATUS OWNER CITY OF CENTERVILLE CITY PROJECT NO. 2009.01 BONESTROO FILE NO. 000616-09169-0 CONTRACTOR FOREST LAKE CONTRACTING CHANGE ORDERS No. Date Description Amount 1 412012009 This Change Order provides for additional work on this project. See $8,000.00 Change Order. 2 5/21/2009 This Change Order provides fOr additional work for this project See $67,89S.75 Change Order. 3 5/29/2009 This Change Order provides for additional work on this project. See $173,220.50 Change Order. Total Change Orders $249,116.25 PAYMENT SUMMARY No, From To Payment RetainaQe Completed 1 05/04/2009 05/19/09 38,952.10 2,050.11 41,002.21 2 05120/2009 06/1 7/09 257,763.97 15,616.64 312,332.71 Material on Hand Total Payment to Date $ 296,716. 07 Oriqinal Contrad $1,534,085.11 Retainage Pay No. 2 15,616.64 Chanqe Orders $249,116.25 Total Amount Earned $312,332.71 Revised Contract $1,783,201.36 61609169REQ2,xls 30 NORTHLAND.SEe U RI TIES 45 South 1h Street Suite 2500 Minneapolis. MN 55402 (800) 851-2920 (612) 851-5906 Fax (612) 851-5917 DATE: June 18,2009 TO: Honorable Mary Capra, Mayor & Members of the City Council Mr. Dallas Larson, Administrator City of Centerville FROM: George Eilertson, Sr. Vice President Northland Securities q~ RE: June 24, 2009 Council Meeting Agenda Items: 1. Finance Plan Summary 2. Resolution setting a Bond Sale 3. Financial Advisor Agreement with Northland Securities Thank you for the opportunity to work with the City on this bond issue. Following are the items that I will present at the June 24th City Council meeting: . I. Presentation of Finance Plan Summary - This document outlines the bond recommendations and bond structure for the upcoming bond sale. Note, we are recommending that tax-exem;t and taxable financing bids be received and considered for Council approval at the July 22" meeting. 2. Resolution calling for the Issuance and Sale 0[$3.715.000 General Obligation Improvement Bonds. Series 2009A. Financing Bids would be received at 10:30 A.M. at Northland Securities' offices and then presented to the City Council later that evening for approval. 3. Financial Advisor Al!feement with Northland Securities - the agreement states Northland's pre-sale and post-sale duties as well as our compensation. Thank you. 31 FINANCE PLA.N UMMARY .$ FOR CITY OF CENTERVILLE, MINNESOTA $3,715,000 GENERAL OBLIGATION IMPROVEMENT BONDS, SERIES 2009A NORTHLAND' SEe U RJ T J ES 45 South 7th Street Suite 2000 Minneapolis, MN 55402 612-851-5900 800-851-2920 June 24, 2009 32 City of Centerville, Minnesota $3,715,000 General Obligation Improvement Bonds, Series 2009A Financin~ Overview: The Bonds will be issued pursuant to Minnesota Statutes, Chapter 429 to finance the 2009 Street Improvements and the Peltier Lake Drive Street and Utility Improvements. The Bonds will be structured with a I5-year term. The City will utilize two main revenue sources for the repayment of the bonds - special assessments on benefitting property owners (approximately 33% of the principal amount of the bonds will be assessed) and a debt service tax levy. Northland Securities is recommending that the City solicit bids for a tax-exempt and taxable bond offering. The financing structure that bond underwriters will bid on will be the same for both options. An overview of the two types of bond issues follows: Traditional tax-exempt bonds - Traditionally, most municipal bond issues have been done tax-exempt. A tax-exempt bond may be issued for any governmental purpose that provides a public benefit. In Minnesota interest payments on a tax-exempt bond are not subject to federal or state income tax. Build America Bonds (BABs) - The American Recovery and Reinvestment Act of 2009 created BABs as a means of lowering the cost of state and local government debt. A municipality may issue a BAB for any governmental purpose that could be issued tax-exempt. BABs are issued taxable. The benefit of BABs is that the issuer will receive a direct federal reimbursement for 35% of the interest expense on a bond issue. Under current law, the ability for a municipality to issue BABs ends on December 31, 2010. Based upon the current bond market, the issuance of BABs may result in a debt service savings over the term of the bonds when compared to tax-exempt bonds. Page 2 NORTHLAND'SECU RITlES 33 Summcuy of Recommended Terms: 1. Type of Bond Sale Public Offering - Sealed Bids 2. Proposals Received Wednesday, July 22, 2009 @ 10;30 A.M. 3. Council Consideration Wednesday, July 22, 2009 @ 6:30 P.M. 4. Repayment Term The Bonds will mature annually each February 1, 2012 - 2025. Interest on the Bonds will be payable on August 1, 2010 and semiannually thereafter on each August 1 and February 1. 5. Security A combination of special assessments against benefitting property owners and a debt service tax levy will be utilized to pay debt service on the bonds. 6. Prepayment Option The Bonds maturing February 1, 2019 - 2025 will be subject to prepayment on February 1, 2018 at a price of par plus accrued interest. 7. Tax Status Bradley & Deike, Edina, MN 8. Credit Enhancement We believe a credit rating will be cost beneficial. The City's general obligation debt is currently rated A2 by Moody's Investors Service. Northland Securities will work with City staff and Standard & Poors on the assignment of a new bond rating. Page 3 NORTHLAND~SECU RITIES 34 EXHIBIT A - Preliminary Sources and Uses Sources & Uses Dated OWIlW09 I Delivered OWlmlO9 S ourees Of Funds Par Amount of Bonds. .................................................................................................""''''''''''''''' .................. ............... Trans fer from S ewer Utility Fund...................................................... ....... ........ .......................................... ...................... Trans fer from Water Utility Fund......................................... .............................................................................. .............. Total S ou",es ................................................................................................................................................................ Uses Of Funds Total UndeIWritets Discount (1.000% )............................ ............................................................................................... Cos Is of Iss uance........................................................................................................................................................... Depesltto P !Dject Cons lnlction Fund...................................................................... .......... ............................ ........... ....... Contingency (3% )....................................................................... ............................................................................. ........ Engineering llegal (25% )................ ............... ........ .................................. ..."'"'''''''''''' .................. .......................... ....... Rounding Amounl........................................................................................ ................................................................... $3,715,000.00 140,492.01 229,121.00 H,084,613.01 37,150.00 28,500.00 3,120,938.61 93,628.16 803,614.69 781.55 Total Us e. ...................................................................................................................................................................... $4,084,613.0 I Page 4 NORTHLAND~SECURlTI ES 35 EXHIBIT B - Preliminary Debt Service Schedule City of Centerville, Minnes ota $3,715,000.00 GeneralObligation Taxable Improvement Bonds, S eIies 2oo9A (Build Ame1ica Bonds) (J 5-year tean) Debt Service Schedule Part I of 2 Date Principal Coupon Interest Total P +1 Fiscal Total 0&<lIa009 o&<)laolO 187,332.50 187,332.50 02,olaOIl 95,666.25 93,666.25 280,998.75 08A> 1a0 II 93,666.25 93,666.25 OUlIaOl2 130,000.00 2.800% 95,666.25 225,666.25 317,332.50 08,ola012 91,846.25 91,846.25 02,ola013 135,000.00 3.300% 91,846.25 226,846.25 318,692.50 08A>la015 89,618.75 89,618.75 0zA>IIW14 260,000.00 3.750% 89,618.75 349,618.75 459,257.50 08A>1/,!014 84,745.75 84,745.75 02,o1/,!015 265,000.00 4.150% 84,745.75 349,743.75 454,487.50 08A>la015 79,245.00 79,245.00 02,ola016 265,000.00 4.500% 79,245.00 344,245.00 423,490.00 08A>1/'!016 73,282.50 73,282.50 02,o1/,!017 270,000.00 4.800% 73,282.50 545,282.50 416,565.00 08A>la017 66,802.50 66,802.50 02,ola018 280,000.00 5.050% 66,802.50 546,802.50 413,605.00 08A>la018 59,752.50 59,732.50 0zA>1/,!019 290,000.00 5.250% 59,752.50 349,732.50 409,465.00 08A>1/'!019 52,120.00 52,120.00 0zA>IIW20 300,000.00 5.400% 52,120.00 352,120.00 404,240.00 08,ola020 44,020.00 44,020.00 0zA>la021 300,000.00 5.550% 44,020.00 344,020.00 388,040.00 08A>la021 35,695.00 35,695.00 0zA>1/'!022 300,000.00 5.700% 55,695.00 335,695.00 371,590.00 08A>1/'!022 27,145.00 27,145.00 0zA>IIW23 300,000.00 5.800% 27,145.00 327,145.00 554,290.00 08A>1/,!025 18,445.00 18,445.00 0zA>1/,!024 510,000.00 5.900% 18,445.00 328,445.00 346,890.00 08A> la024 9,500.00 9,300.00 02,o1/,!025 310,000.00 6.000% 9,300.00 319,300.00 528,600.00 Total $3,715,000.00 $1,932,323.75 $5,647,323.75 PageS NORTHLAND~SECU RITlES L 36 City of Centerville, Minnesota $3,715,000.00 GeneralObligation Taxable Improvement Bonds, Series 2009A (Build AmeIica Bonds) (I5-year tean) DebtServiceSchedure Part 2 oU D.led.............................................................................................................................................................................. DeliveryD.Ie.................................................................................................................................................................. Fils I Coupon D.Ie................. ....... .................................................. ................................................................................ Fils I .v.iIable c.n dale................. .................................................................................................................................. c.n Price ........................................................................................................................................................................ Bond Ye.r Dollars .......................................................................................................................................................... Ave rage Life ............... .......... ................ .............. ............. ................. ..... ............................ ............................ ...... ........... AvemgeCoupon............................................................................................................................................................. Nel Inleres I Cos I (NIC)................................................................................................................................................... True Inleres I Cos I (TIC).................................................................................................................................................. Bond Yiel:llbr Atbitmge Pwposes.................................................................................................................................. All Inclusive Cos I (AIC)......... .......................................................................................................................................... IRS Fonn 8OS8 Nel Inleres I CDS l........................................................................................................................................................... WeiShled Average Maturity.............................................. .............. ................................................................................ &01,2009 &01,2009 8AJI,2010 2,(1I,2018 100.0000000% $36,007.50 9.692 Years 5.3664480% 5.4696209% 5.4407275% 5.3038927% 5.5469853% 5.3664480% 9.692 Ye.rs Page 6 NORTHLAND_SEe U Rl TIES 37 z o ~ ::r: r-- > Z t;; -0- V> '" ("l c:: " '" V> I _m r;~ ~fb 0' ~ ~[ ~ 8 ~ t""' S !i" o ~ .... . C;;. '< ~ ~ ~ ~ n> <l ~ or> ~ l~' .2 ir E,~ !! ~ 5t! -.... S' .;- gg r~ = e: !itS- ~ g- III ~ ~ Q. 6' &' R '" g. ,. 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HHHHUHH~ . . ~ 8 888888888888888 I'; a " 38 --I FINANCIAL ADVISORY SERVICE AGREEMENT BY AND BETWEEN THE CITY OF CENTERVILLE, MINNESOTA AND NORTHLAND SECURITIES, INC. This Agreement made and entered into by and between the City of Centerville, Minnesota (hereinafter "City") and Northland Securities, Inc., of Minneapolis, Minnesota (hereinafter "NSI"). WITNESSETH WHEREAS, the City desires to use the services of NSI related to the issuance of City bonds as described herein ("Debt"), and WHEREAS, NSI desires to furnish services to the City as hereinafter described, NOW, THEREFORE, it is agreed by and between the parties as follows: SERVICES TO BE PROVIDED BY NSI Debt Issuance: Serve as the City's Financial Advisor for the issuance of the Debt. NSI shall provide all serviees necessary to analyze, structure, offer for sale and close the transaction. Examples of the services include the following: Planning and Development . . . Meet with City officials and others as directed to define the scope and the objectives Assemble and analyze relevant statistical infonnation. Prepare a preliminary feasibility study or discuss with City officials possible funding options and the fiscal implications of each. Prepare details on the recommended options - infonnation on the issue structure, method of issuance, tenn, sale timing, call provisions, etc. Prepare a schedule of events related to the issuance process. Anend meetings of the City Council and other project and hond issue related meetings as needed and as requested. . . . Bond Sales . Prepare, cause to be printed, and distribute the Official Statement and Bid Fonn to prospective hidders. Cause to be puhlished the Official Notice of Sale if required by Jaw. Recommend whether the issue should secure a bond rating. If the issue is to be rated, prepare and furnish to the rating agencies the infonnation they require to evaluate the issue and provide their rating. Serve as the City's representative to the rating agencies. Directly contact underwriters most likely to serve as syndicate managers to assure that bidding interest is established. . . . Page I 39 . . . . . Assist the City in recelvmg the bids, compute the accuracy of the bids received, and recommend to the City the most favorable bid for award. Coordinate with bond counsel the preparation of required contracts and resolutions. Post Sale Support Coordinate the bond issue closing including making all arrangements for bond printing, registration, and delivery. Furnish to the City a complete transcript of the transaction. Assist, as requested by the City, with the investment of bond issue proceeds. Investment Assistance: Should the City desire to invest the proceeds from the Debt issuance or any other funds of the City through NSI in its capacity as a broker, NSI shaII, at all times, transact such investments as principal. COMPENSATION For the proposed sale by the City of its approximate $3,715,000 General Obligation Taxable Improvement Bonds, Series 2009A, (the "Bonds"), NSl's fee shall be a lump sum of $15,500. The fee due to NSI shall be payable by the City upon the closing of the Bonds. NSJ agrees to pay the following expenses from its fee: * * Out-of-pocket expenses such as travel. long distance phone, and copy costs. Production and distribution of material to rating agencies and/or bond insurance companies. Preparation of the bond transcript. . The City agrees to pay for all other expenses related to the processing of the bond issuers) including, but not limited to, the following: . * . * . * * Engineering and/or architectural fees. Publication of legal notices. Bond counsel and local attorney fees. Fees for various debt certificates. The cost of printing Official Statements, if any. City staff expenses. Airfare and lodging expenses of one NSI official and City officials when and if traveling for rating agency presentations. Rating agency fees, if any. Bond insurance fees, if any. Accounting and other related fees. . * * It is expressly understood that there is nO obligation on the part of the City under the terms of this Agreement to issue the Bonds. If the Bonds are not issued, NSI agrees to pay its own expenses and receive no fee for any services it has rendered. Page 2 40 AUTHORIZATION TO BID As a broker dealer, NSI is subject to the rules of the Municipal Securities Rulemaking Board (hereinafter "Board"). Pursuant to Rule G-23 of the Board, the District consents and does authorize NSI or any entity or company affiliated with NSI to submit a competitive bid for the purchase of the Bonds. NSI agrees that any bid so submitted shall only be submitted electronically directly to P ARlTY~ (or its successor) prior to the deadline otherwise established for the receipt of such a bid. SUCCESSORS OR ASSIGNS The terms and provisions of this Agreement are binding upon and inure to the benefit of the City and NSI and their successors or assigns. TERM OF THIS AGREEMENT This Agreement may be terminated by thirty (30) days written notice by either the City or NSI and it shall terminate sixty (60) days following the closing date related to the issuance of the Bonds. Dated this 24th day of June, 2009. Northland Securities, Inc. By: Richard G. Asleson, Sr. Vice President City of Centerville, Minnesota By: Page 3 41 Resolution No. Council Member adoption: introduced the following resolution and moved its Resolution Providing for the Sale of $3,715,000 General Obligation Improvement Bonds, Series 2009A A. WHEREAS, the City Council of the City ofCenterville, Minnesota (the "City"), has heretofore determined that it is necessary and expedient to issue the City's $3,715,000 General Obligation Improvement Bonds, Series 2009A (the "Bonds"), to finance the construction of various public improvements in the City; and B. WHEREAS, the City has retained Northland Securities, Inc., in Minneapolis, Minnesota ("Northland"), as its independent financial advisor for the Bonds and is therefore authorized to conduct a public sale of the Bonds in accordance with Minnesota Statutes, Section 475.60. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Centerville, Minnesota, as follows: I. Authorization: Findine:s. The City Council hereby authorizes Northland to solicit proposals for the sale of the Bonds through a public sale process. In addition to submitting proposals to purchase the bonds as taxable improvement bonds under the United States' Build American Bonds Direct Payment program, bidders may submit proposals to purchase the Bonds as tax exempt general obligation improvement bonds, or may submit alternate proposals to purchase each type of bonds. The City's determination to issue taxable Build America bonds or tax exempt improvement bonds will be based on the bids received. 2. Meetine:: ProDosal ODenine:. The City Council shall meet at 6:30 p.m. on July 22, 2009, for the purpose of considering proposals for and awarding the sale of the Bonds. 3. Official Statement. In connection with said sale, the officers or employees of the City are hereby authorized to cooperate with Northland and participate in the preparation of an official statement for the Bonds and to execute and deliver it on behalf of the City upon its completion. 42 The motion for the adoption of the foregoing resolution was duly seconded by Council Member and, after full discussion thereof and upon a vote being taken thereon, the following Council Members voted in favor thereof: and the following voted against the same: Whereupon said resolution was declared duly passed and adopted. Dated this 24th day of June, 2009. Mayor Attest: Administrator 43 NOTICE OF SALE $3,715,000. GENERAL OBLIGATION IMPROVEMENT BONDS, SERIES 2009A CITY OF CENTERVILLE, (ANOKA COUNTY) MINNESOTA (Book-Entry Only) NOTICE IS HEREBY GIVEN that these Bonds will be offered for sale according to the following terms: TIME AND PLACE: Proposals will be opened by the City's Administrator, or designee, on Wednesday, July 22,2009 at 10:30 A.M., Central Time, at the offices of Northland Securities, Inc., 45 South 7th Street, Suite 2000, Minneapolis, Minnesota 55402. Consideration of the proposals for award of the sale will be by the City Council at its meeting at the City Offices beginning Wednesday, July 22, 2009 at 6:30 P.M. SUBMISSION OF PROPOSALS: Bidders may submit either a proposal specifYing interest rates for the Bonds if issued as Tax-Exempt obligations (the "Tax-Exempt Bonds"), or a proposal specifYing interest rates for Taxable obligations (the "Taxable Bonds") which the City will elect to designate as "qualified Build America Bonds - Direct Pay," or a proposal for each option. Separate proposal forms and PARlTYTM provisions are provided for the Tax-Exempt Bonds option and the Taxable Bonds option. Proposals may be: a) submitted to the office of Northland Securities, Inc., b) faxed to Northland Securities, Inc. at (612) 851-5917, c) for proposals submitted prior to the sale, the final price and coupon rates may be submitted to Northland Securities, Inc. by telephone at (612) 85] -5900, or d) submitted electronically. Notice is hereby given that electronic proposals will be received via PARlTYTM, or its successor, in the manner described below, until 10:30 A.M. July 22, 2009, local time on Wednesday. Bids may be submitted electronically via PARlTyrM, or its successor, * The City reserves the right to increase or decrease the principal amount of the Bonds. Any such increase or decrease will be made in multiples of $5,000 and may be made in any maturity. If any maturity is adjusted, the purchase price will also be adjusted to maintain the same gross spread. 44 BOOK-ENTRY SYSTEM: DATE OF ORIGINAL ISSUE OF BONDS: pursuant to this Notice until 10:30 A.M. July 22, 2009, local time, but no bid will be received after the time for receiving bids specified above. To the extent any instructions or directions set forth in P ARI'fYTM, or its successor, conflict with this Notice, the terms of this Notice shall control. For further information about PARI'fYTM, or its successor, potential bidders may contact Northland Securities, Inc. or i-deal@ at 1359 Broadway, 2nd floor, New York, NY 10018, telephone (212) 849-5021. Neither the City nor Northland Securities, Inc. assumes any liability if there is a malfunction ofPARI'fYTM, or its successor. All bidders are advised that each Proposal shall be deemed to constitute a contract between the bidder and the City to purchase the Bonds regardless of the manner in which the proposal is submitted. The Bonds will be issued by means of a book-entry system with no physical distribution of bond Bonds made to the public. The Bonds will be issued in fully registered form and one bond certificate, representing the aggregate principal amount of the Bonds maturing in each year, will be registered in the name of Cede & Co. as nominee of Depository Trust Company ("DTC"), New York, New York, which will act as securities depository of the Bonds. Individual purchases of the Bonds may be made in the principal amount of $5,000 or any multiple thereof of a single maturity through book entries made on the books and records of DTC and its participants. Principal and interest are payable by the City through Northland Trust Services, Inc., Minneapolis, Minnesota (the "Paying AgentlRegistrar"), to DTC, or its nominee as registered owner of the Bonds. Transfer of principal and interest payments to participants of DTC will be the responsibility of DTC; transfer of principal and interest payments to beneficial owners by participants will be the responsibility of such participants and other nominees of beneficial owners. The successful proposal maker, as a condition of delivery of the Bonds, will be required to deposit the bond certificates with DTC. The City will pay reasonable and customary charges for the services of the Paying AgentlRegistrar. August 1,2009. 45 INTEREST PAYMENTS: February I and August I commencing August I, 2010, to registered owners of the Bonds appearing of record in the certificate register 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 (the "Record Date"). MATURITIES: February I, inclusive, in each of the years and amounts as follows: Year Amount Year Amount 2012 $130,000 2019 $290,000 2013 135,000 2020 300,000 2014 260,000 2021 300,000 2015 265,000 2022 300,000 2016 265,000 2023 300,000 2017 270,000 2024 310,000 2018 280,000 2025 310,000 Proposals for the Bonds may contain a maturity schedule providing for any combination of serial certificates and term certificates, subject to mandatory redemption, so long as the amount of principal maturing or subject to mandatory redemption in each year conforms to the maturity schedule set forth above. INTEREST RATES: All rates must be in integral multiples of 1/2Oth or 1/8th of 1%. Rates must be in level or ascending order. No limitation is placed upon the number of rates which may be used. All Bonds of the same maturity must bear a single uniform rate from date of issue to maturity. ADJUSTMENTS TO PRINCIPAL AMOUNT AFTER PROPOSALS: The City reserves the right to increase or decrease the principal amount of the Bonds. Any such increase or decrease will be made in multiples of $5,000 and may be made in any maturity. If any maturity is adjusted, the purchase price will also be adjusted to maintain the same gross spread. Such adjustments shall be made promptly after the sale and prior to award of bids by the City and shall be at the sole discretion of the City. The successful bidder may not withdraw or modifY its bid once submitted to the City for any reason, including post certificate adjustment. Any adjustment shall be conclusive and shall be binding upon the successful bidder. 46 REDEMPTION: Bonds are subject to redemption and prepayment at the option of the City on February I, 2018 (2019 through 2025 maturities), and on any date thereafter at par. Redemption may be in whole or in part of the Bonds subject to prepayment. If redemption is in part, the maturity and the principal amounts within each maturity to be redeemed shall be determined by the City and if only part of the Bonds having a common maturity date are called for prepayment, the specific Bonds to be prepaid shall be chosen by lot by the Certificate Registrar. CUSIP NUMBERS: If the Bonds qualify for assignment of CUSIP numbers such numbers will be printed on the Bonds, but neither the failure to print such numbers on any Certificate nor any error with respect thereto shall constitute cause for a failure or refusal by the successful bidder thereof to accept delivery of and pay for the Bonds in accordance with terms of the purchase contract. The CUSIP Service Bureau charge for the assignment of CUSIP identification numbers shall be paid by the successful bidder. DELIVERY: Within forty days after award subject to the approving legal opinion by Bradley & Deike, P.A., Bond Counsel. Legal opinion will be paid by the City and delivery will be anywhere in the continental United States without cost to the successful bidder at DTC. TYPE OF PROPOSAL: Proposals of not less than $3,677,850 (99.0%) and accrued interest on the principal sum of $3,715,000 must be filed with the undersigned prior to the time of sale. Proposals must be unconditional except as to legality. Proposals for the Bonds should be delivered to Northland Securities, Inc. and addressed to: Dallas Larson, Administrator Centerville City Hall 1880 Main Street Centerville, Minnesota 55038 Each proposal must be accompanied by a good faith deposit (the "Deposit") in the amount of $74,300 in the form of a certified or cashier's check (payable to the order of the City), a financial surety bond or a wire transfer to be forfeited as liquidated damages if proposal maker fails to comply with accepted proposal. If a wire transfer is used, bidders are required to notify Northland Securities prior to the time of sale that they will be 47 wiring the Deposit, and must provide the following information via e-mail tocswanson@northlandsecurities.com: 1. Fed reference number and time out. 2. Return wire instructions, for returning the Deposit if the bid was unsuccessful. Wire Instructions for the Deposit are as follows: Bank Name: Wells Fargo Bank, N.A. City, State: San Francisco, CA Wire routing transit number (RTN): 121000248 For Further Credit to: Northland Securities, Inc., Bond Escrow Account Beneficiary Account Number CBNF): 346-9563161 Reference: Name of Sender and Issuer Name and Series If a financial surety bond is used, it must be from an insurance company licensed to issue such a bond in the State of Minnesota, and preapproved by the City. Such bond must be submitted to Northland Securities, Inc. prior to the opening of the proposals. The financial surety bond must identify each proposal maker whose Deposit is guaranteed by such financial surety bond. If the Bonds are awarded to a proposal maker using a financial surety bond, that proposal maker is required to submit its Deposit to Northland Securities, Inc. in the form of a certified or cashier's check, or a wire transfer as instructed by Northland Securities, Inc. to be received not later than 3 :30 P.M., Central Time, on the next business day following the award. If such Deposit is not received by that time, the financial surety bond may be drawn by the City to satisfy the Deposit requirement. In the event the successful bidder fails to comply with the accepted proposal, said amount will be retained by the City. No proposal can be withdrawn after the time set for receiving proposals unless the meeting of the City scheduled for award of the Bonds is adjourned, recessed, or continued to another date without award of the Bonds having been made. AWARD: The Bonds will be awarded on the basis of the lowest interest rate to be determined on a true interest cost (TIC) basis, after taking into account the available credit to the City if the Bonds are issued as "qualified Build America Bonds - Direct Pay" and if they are 48 within the Maximum Allowable Reoffering Premiums stated below for each maturity. The Maximum Allowable Reoffering Premiums for any Taxable Bonds proposal shall not include more than a de minimus amount of premium for each maturity. Maximum Maximum Allowable Allowable Reoffering Reoffering Year Premium Year Premium 2012 100.50% 2019 102.00% 2013 100.75% 2020 102.00% 2014 101.00% 2021 102.00% 2015 101.25% 2022 102.00% 2016 101.50% 2023 102.00% 2017 101.75% 2024 ] 02.00% 2018 102.00% 2025 102.00% The City's computation of the interest rate of each proposal, in accordance with customary practice, will be controlling. In the event of a tie, the sale of the Bonds will be awarded by lot. The City will reserve the right to: (i) waive non-substantive informalities of any proposal or of matters relating to the receipt of proposals and award of the Bonds, (ii) reject all proposals without cause, and (iii) reject any proposal which the City determines to have failed to comply with the terms herein. INFORMATION FROM SUCCESSFUL BIDDER: The successful bidder will be required to provide, in a timely manner, certain information relating to the initial offering price of the Bonds necessary to compute the yield on the Bonds pursuant to the provisions of the Internal Revenue Code of 1986, as amended. OFFICIAL STATEMENT: By awarding the Bonds to any underwriter or underwriting syndicate submitting a proposal therefore, the City agrees that, no more than seven business days after the date of such award, it shall provide to the senior managing underwriter of the syndicate to which the Bonds are awarded, the Final Official Statement in an electronic format as prescribed by the Municipal Securities Rulemaking Board (MSRB). 49 FULL CONTINUING DISCLOSURE UNDERTAKING: The City will covenant in the resolution awarding the sale of the Bonds and in a Continuing Disclosure Undertaking to provide, or cause to be provided, annual financial information, including audited financial statements of the City, and notices of certain material events, as required by SEC Rule l5c2-12. The City reserves the right to reject any and all proposals, to waive informalities and to adjourn the sale. Dated: June 24, 2009 BY ORDER OF THE CITY COUNCIL Isl Dallas Larson Administrator Additional information may be obtained from: Northland Securities, Inc. 45 South 7ili Street, Suite 2000 Minneapolis, Minnesota 55402 Telephone No.: (612) 851-5900 50