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HomeMy WebLinkAbout2018 05-15 CC PACKETCity ofGem Lake,:MN. City. Council Meeting. May 15th, 20.18 Call To Order of City Council Meeting — By Mayor Uzpen at 7:�P.M. Call of Roll Uzpen Artig-Swomley.. .Lindner Kuny Cacioppo Others in Attendance: Sign-up Sheet Approval of City Council Minutes and. Agenda • City Council Agenda for this meeting (Accept Agenda) • Minutes of the City Council Meeting for April Committee Reports None Old Business Newsletter Ideas Public Hearing Assessment for Scheuneman Road Business District. Project New Business • SEH cost for managing Scheuneman Road Project Resolution 2018 —15 .Approve assessment for Scheuneman Road Project • Resolution 2018 —16 Award. bid to SehiAky • Solicitor Permit. Application • Approve the Bryan Hansen Garden Permit • Resolution.2018 — 13 Approve of the Landmarkfinal plat. and Mylar • Resolution 2018 -- 14 Reapprove Developer's Agreement • Resolution 2018 —17 White Bear Lake Food Shelf for the Children's Summer. Food Program Resolution 2018 -18 For The Sale Of Bonds • Resolution. 2018 19 Authorizing the City of Gem Lake to enter .into a Credit Enhancement. Program Agreement with the Minnesota Public Facilities Authority ■ Hy-V ee update • Claims for May, 2018 • Monthly Financial. Reports * Presentations. from the. public 2 minutes maxim.um.presentation. • Open Items for the Council Members to bring up. Future Council Meetings • Workshop Meeting for rune is canceled • Next city Council. Meeting, dune .19,th'h at 7:00 P.M. Adjournment • The. meeting adjourned at City of Gem lake City Council Meeting— May 15, 2018 Meeting minutes Mayor Uzpen called the meeting to order at 7,00 p.m, Councilmembers Artig=Swomley, Cacioppo, Kuny and Lindner were.present. Others in attendance; City -Clerk Tori Leonhardt, City Engineer Justin Gese, Paul Emeott, Todd Hagen, Ehlers, Steven Kleis, Greg. Martz, Bradley Millard, Stephen and Dan asterkamp. May 15 2018 Agenda A motion was made by Councilmember Artig-Swomley, .seconded by. Councilmember Cac oppo to approve the agenda for May 15, 2018, motion passed. Agenda approved. Minutes A motion was made by Councilmember Artig-Swomley, seconded by Councilmember Cacioppo to approve the April 17,:20.18, City Council minutes, Motion passed, minutes approved. Committee Reports None. Newsletter May/June, published. mid: to late May, ViI[as, Scheun.eman Road b.usin..ess district street.project, comp. plan update, Garden permit, solicitor .1lcense, calls for service, New Trax hiring, selling home septic. approval, donation to White Bear Lake Area Food Shelf, city clerk profile. Public Hearin —Assessment for Scheuneman Road Business: District Prolect Justin Gese, City Engineer updated the Council on the status of the bid forthe project. 8: bids came in, all underthe.proposed budget. Public hearing was opened at 7:18 p.m:. Steve Osterkamp, Summit Mini Storage, 3716 Scheuneman Road, questions —are curbs proposed? Concrete? Wide enough for on -street parking? Currently business has none (on street parking). Concerned about curbs. with the disposal of snow. Semis parking on the side of road currently a concern. Water main -why? Mr..Gese There wilt be concrete curbs, roadway pavement will be wider. Small amount of parking on the west side, some parking available with the widening.of the. roadway. Parking signs for winter months will be added. Mr. ❑sterkamp: [s the water main going to go down the middle or the street? Now far will the piping for the water come in? Concerned about competition in his market place, how will he pay for this? W1il.l. the value of my property go up because of this; thus an increase in taxes? Does the cost. iinclude the cost of hooking up to the water? Road limit - continue to be a. 9 ton road? Can I hook up to the water anytime within the 15 years? Councilrnernber Artig-Swomley: We don't.report into Ramsey County the increase in value. The City of Gem Lake is required by the. Metropolitan Council to have a water plan. Mr. Gese: The cost of hooking up to the water is separate. The valve is in th.e. street. Field personnel will work with property owners to hook up the water. Water can be hooked up anytime within the life of the assessment 15 years). City of Gem Lake City Council meeting minutes May 15, 2018 Page 1 The council noted receipt of a letter from New Trax, --- Scheuneman Road, with regard about costs concerns. Greg Martz, AM/PM Auto 3696 Scheuneman Road: Ramsey County has. raised my taxes. significantly, $70,000 assessment, costly. What about business access during the construction? Piping — how far will it. come? Mr. Gese;: The contractor has been instructed to keep access to businesses at all time. Construction is anticipated to start after the e of July, tree cutting the end of June, completion date.of end of August; if no weather de.Iays. Drainage -- will be wider anal slope. Piping, only allowed to go to. the property line. Account will be taken for current wells and retaining wails. The public hearing was called at 7:44 p.m. by a motion. from Councilmember Artig-Swomley, seconded by Councilmember Cacioppo. New Business S.E.H. Costs for Managink the Scheuneman Road Project (business district A motion was made by Councilmember Lindner, seconded by CounciiImember Artig-Swomley to approve the. S.F.H. cost estimate. Motion passes, costs approved. .Resolution 2018-15-- Approve the Assessment for the Scheuneman Road_Prosect [business district] A motion was made by Councilmember Lindner, seconded by Cop ncilmember Cacioppa to approve Resolution 2018=1S.. Motion passes Resolution approved. Resolution 201846 Award Scheuneman Road Project (business district) Bid to T. A. Schifsky & Sons, Inc. A motion was made by C.ouncilmember t_indner, seconded by Councilmember Artig-Swomley to approve Resolution 2018-16. Motion passes, Resolution approved. Solicitor Permit Apolication A motion was. mad e by Councilmember Lindner, seconded by Councilmember Artig-Swomley to approve a Solicitor Permit for Jordan Marshall Hamilton Burk and Phillip Bottjen, Benson Properties, 6989 Washington Avenue, Edina, MN. Permit is for door to door, face to face soliciting abiding by the. rules of conduct.stated on page 12 of the application. Voice vote .taken;. Artig-Swomley; Cacio:ppo, Kuny; yes, Lindner -opposed. Motion passes. Solicitor permit granted. Current Solicitor Ordinance will.be amended in June, 241$.. Resolution 2018-13 Approve the Final Plot and War A motion was made by Councilmember Lindner; seconded by Co. uricilmern ber Artig-Swornley to approval the final plat and Mylar for the Villas of Gern Lake. Motion passes, Resolution approved. Resolution 2018-14 — Rea porove Developer's Agreement -- Villas of Gem Lake Mr. Gese provided an overview of the irrigation system planned. for the Villas of Gem Lake. Separate meters tap into city water main, HOA performs ail irrigat"ion.maintenanice and. is responsible for the. system, one meter for irrigation. A. motion was made by Councilmember Artig-Swornley,. seconded by Councilmember Cacipppo to reapprove the .l7evelope.'s Agreement for the Vilias of Gem Lake: A.. voice City of Gem Lake City Council meeting minutes May 15, 2018 Page 2 vote.was taken. All voted. yes. Motion passes, Resolution approved. Noted --not final document— HOA and Pena lties.need to be added. Resolution 201817 White Bear Lake Food. Shelf— children's Summer Fbod Program A motion was made by Councilmember Artig-Swornley, seconded by Councilmember Lindner to approve Resolution 2018-17 $1,500 donation to the White Bear Lake Food Shelf for the Chiildren's 5uThmer Food program. Motion passes, Resolution approved.. Resolution 2018-18 Providing for the Sale of $6M 00 General Obligation Improvement Bondsi Serles. 2018A Todd Hagen from Ehlers presented an overview of the bonds sales for the. Scheuneman Road project within the business district. Councilmember Lindner made a motion to approve Resolution 20.18-18, seconded by Coundimember Artig-Swornley, a voice vote was taken, all members affirmative. Motion passes. Resolution approved.. Resolution.2618-19 Authorizing theQy to Enter into a Credit Enhancement. Program Agreement with the Minnesota Public Facilities Author! A motion was made by CouncilmemberArtig=5womley, seconded by Counc€]member Cacloppo to approved Resolution 201849 authorizing the City to Enter into a`Credit E;nhancernent Program Agreement with the Minnesota. Pub Iit Facilities Authority. Voice vote taken, all members affirmative. Motion passes: Resolution approved. Hyyee update Hyvee are proceeding with due'diligence on property (WaIdoch's property — County Road E and Floffman.Road). Claims A motion was made.by Councll.member Linder, seconded by Councilmember Artig-Swo.mley to.approve. the claims. Motion passes. Claims approved. open Items/Residents_Comments. Paul Emeott reminded the council that a filling and mining permit are available If needed. Adiournrnent BeIng there no further business; following a motion from .Councilmember Linder, seconded by Councilmember:Artig-Swomley, the meeting.adjourned at.8:33 p.m. Respectfully submitted, Gloria Tessier, City of Gem Lake City Council meeting minutes May 15, 2018 Page 3 SEH Building a Better World for All of Us¢ May 1.0, 2018 Mr.. Robert Uzpen Mayor City of Gem Lake 4200 Otter Lake Road Gem Lake, MN 55110�-5231 Dear Mayor Uzpen: RE: City of Gem Lake, Minnesota Scheuneman Road Reconstruction SEH No. GEMLK 143869 14.00 We. are pleased to submit this letter proposal for providing engineering services relating to the construction of the Scheuneman Road Reconstruction and Water Main Extension Project. This project'. Was bid on April 19, 2018. and construction is anticipated to commence in the spring of 2018 with a final. completion date of September 15, 2018. This letter. supplements the Agreement for Professional Services between the City of Gem Lake, Minnesota (Owner), and Short Elliott Hendrickson Inc. (SEHO) (Consultant), for providing professional services. SCOPE OF WORK 1. Provide construction administration and construction staking as needed during the construction of the improvements. 2, Provide daily on -site. construction observation services during the construction of the improvements. The construction schedule is currently estimated to take approximately 5 weeks, We have estimated the on -site observation time at 200 hours. The on -site observation will be billed on an, hourly basis and may be impacted by forces beyond our control, such as.the weather, contractor's schedule and how efficiently he prosecutes his work: We will provide the City updates on the project's progress and how the observation budget estimate is tracking.. 3. Coordinate material testing services with an outside consultant, The: City will be invoiced for these services by the testing .consultant directly.. 4. Provide construction administration during the project including coordination of preoonstruction meeting; review contractor applications for payment and communications with the City during. construction: 5. Prepare "as -built', construction drawings of the improvements in. hard copy and electronic AutoCAD format: SCHEDULE As stated above construction is anticipated to begin in June of 2018 with final completion. by September 15, 2a18. A pre -construction conference will be held prior to construction with the City and Contractor, as well as private utility representatives, If there are delays in the Project that are beyond our control, the City agrees to grant additional time and compensation to complete. the services. Engineers I Architects l Planners I . Scientists Short Elliott Hendrickson Inc., 3535 vadnais Center Drive, St, Paul, MN 55110-5198 SMH is 1001X.:employee-awned 'I .sehfnc.com 1 851,490.200a 1 .800:325.2055 1 88.8AD&B156. fax' Mr. Robert Uzpen: May 10, 2018 Page 2 COMPENSATION Compensation for the services identified in the scope of work will be made on an hourly basis plus cost of reimbursable expenses. Totai compensation will not exceed $27,700 without prior authorization: The estimated breakdown of the task budgets is generally described below: Task Budget Construction Observation & Administration. .$2.1,200 Construction Staking $.6,500 Total Compensation $27,700 AGREEMENT You agree to fumish us with full information as to your requirements, including any special or extraordinary considerations for the Projector special services needed, and also to make available all pertinent existing information and data that we will need to perform our services: This letter represents the entire understanding between you and SEH in respect of the Project and may only be modified in writing signed by both of us. If it satisfactorily sets forth your understanding.of our agreement, please sign the enclosed copy of this letter, in the space provided below, and return it to us. Sincerely, SHORT ELLIOTT HENDRiCKSON INC. Greg Anderson, PE. Project Manager ah s:V�glgsmMI43BB$l1-ganKl4-carr%ruzpen wnst services admi 2018 051 O,d= Accepted this day of , 2018 City of Gem.Lake; Minnesota By- Date: CITY OF GEM LAKE RAMSEY COUNTY, MINNESOTA RESOLUTION NUMBER 2018 -15 A RESOLUTION FOR ADOPTING ASSESSMENT WHEREAS, pursuant to proper notice duly given as required by law, the council has met. and heard and passed upon all objections to the proposed assessment, for 5cheune.man Road Reconstruction and extension of a: municipal water main along Scheuneman Road in Gem. Lake by the City of Gem Lake. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF GEM LAKE, MI NNESOTA' 1. Such proposed assessment, a copy ofwhich. is attached hereto and.mado a part hereof, is hereby accepted and shall constitute the special assessment against the lands named therein, and each tract of land therein included is hereby found to be benefited by the proposed improvement in the amount of the assessment levied. agalnst it. 2. Such assessment shall be payable in equal annual. installments extending over a period of _15_ years, the first of the. 'installments to be payable on or before the first Monday in January (year) , and shall bear interest at the rate of T % percent per annum from the date: of the adoption of this assessment resolution. To the first installment shall be added interest on the entire assessment from the date of this resolution until December 31, (year). To each subsequent €nstallment, when due, shall be added interest for one year on all unpaid installments. 3. The owner of any property so assessed may, at any time prior to certification of the assessment to the county auditor; pay the who of the assessment- on:such property, with interest accrued to the :date. of payi?Zent, to: the city treasurer, except that nointerest shall be. charged if the entire assessment is paid within 30 days. from the. adoption of this resolution; and he/she may, at any time thereafter, pay to the city treasurer the entire amount of the assessment remaining unpaid, with interest accrued to December 31 of the year in. which such payment is made. Such payment must be made before November 15 or interest will be charged through December 31 of the next succeeding year. 4.. The clerk shall forthwith transmit a certified duplicate of this assessment to the county auditor to be extended on the property tax lists of the county, Such assessments shall be collected and paid over in the same manner as other municipal taxes. ADOPTED by the. City Council this day of , 2018. CITY OF GENT LAKE By: Robert Uzpen; Mayor City Clerk CITY OF GEM LAKE RAMSEY COUNTY, MINNESOTA RESOLUTION NUMBER 2018 -16 .A RESOLUTION FOR ACCEPTING BIDS WHEREAS, pursuant to an advertisement for bids for the improvement of Scheuneman Road and extension of municipal water man along Scheuneman Road, bids: were received, opened, and tabulated according to the law, and the following: bids were received complying with the advertisement: Contractor Total Bid 1 T.A. Schifsky &.Sons, Inc. $509,039.15 2 Kuechle. Underground Inc. $509,558.60 .3 Northdale Construction Co., -Inc. $527,227.63 4 C&L Excavating $53415.06.75 5 Arnt Construction Co,, Inc,. $545,184,80 *" 6 Midwest Civil Constructors, LLC $549.,39T70 7 Park Construction Co. $554,038.72 8 Northwest Asphalt, Inc. $559,655.1.6 - Engineer's. Estimate $55o,I53.0o ** Dehora corrected figure AND WHEREAS, it appears that T.A. Schifsky & .Sons, Inc. of St. Paul, Minnesota. is the lowest responsible .bidder, NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF GEM LAKE,. MINNESOTA. 1 ; The mayor and clerk are hereby authorized and directed to enter intoa contract with T.A. Schifsky & Sons, lnc.. of St. Paul, Minnesota in the name of the City of Gem Lake for the improvement of Scheuneman. Road and extension of municipal water man along Scheuneman Road, according to. the plans and specifications therefor approved by the City Council and on file in the office of the city clerk. 2. The city clerk is hereby authorized and directed to return forthwith to all bidders the deposits made with their bids, except that the deposits of the successful bidder and the next lowest bidder shal1.be retained until a contract has been signed. ADOPTED by the City Council this 15tn day of May, 2018. CITY OF GEM LAKE. By: Robert Uzpen, Mayor ATTEST: City Clerk 1 MEMORANDUM CITY OF GEM LAKE City Hall. 4200 utter Lake Road Gem Lake, MN 55110-3763 651-74.7-2700 &%Rgemlakemn:.org TO: Gem Lake City Council FROM. Gloria Tessler t DATE: May 9; 2018 RE: Solicitor Permit Application k 'lz'AI •/1 !� i Jordan Marshall Ham1..lton Burk and. Philip Bottjen have applied.for a Solicitor License to.solicit business for exterior home. restoratio n within the City of Gem Lake. They wish to conduct door to door, and face to face, Monday - Saturday=10.00.a.m. — 7:00 p.m. Both gentlemen a.re associated with Benson Property,.69.89 Washington Avenue, Edina, MN, 651.4.72-3314.. The White Bear Lake Police Department has conducted a background check on both individuals which consists of not been convicted within the last five years of a felony, gross.misdemeano.r or misdemeanor for violation of any state or federal statute or any local ordinance.{other than misdemeanor traffic offenses.} Both individuals passed, I.Checked with Blaine, Forest Lake and Stillwater because they stated they conducted business in each one of those municipalities. ❑nly Blaine had information on a solicitor license on Philip Bottjen in 2017. If we grant a license, a placard will. be issued to loth gentlemen to show,to residents that they are permitted to solicit within the City of Gem Lake. They agree to. follow the rules of conduct stated on page 12 of the application. Look for us on the: World Wide Web at gemlakemmorg SECTION 7. LICENSE TRANSFERABILITY. No license issued under this chapter shall be transferred to any person other than the person to wham the license was :issued. SECTION 8. REGISTRATION. 6.1 All solicitors shall be required to register with the city prior to engaging in those. activities, Reg istration.shall be made on the same.form required for a license application, but no fee shall be required. Immediately upon completion of the registration form, the city clerk shall issue to the registrant a certificate of registration as proof of the registration.. Certificates of registration shall be non- transferrable. 8.2 Individuals that will be engaging in canvassing or non-commercial door-to- door advocacy shall not be. required to register. 83 Professional fundraisers not exempt. A professional fundralserworking on behalf of an otherwise exempt group or person shall not be exempt from. the licensing requirements of this. ordinance. SECTION 9. PROHIBITED .ACTIVITIES. No peddler, solicitor, canvasser, transient .merchant, non-commercial door-to-door advocate, or other person engaged in other similar activities Shall conduct business in any of the following manner: 9.1 Calling attention to his or her activities or the items to be sold, by means of blowing any hom or whistle, ringing any bell, crying out, or by any other noise, so as to be unreasonably audible within an enclosed structure. 9.2 Obstructing the free flow of traffic, either vehicular or pedestrian, on any street, sidewalk; alleyway; or other public right-of-way. 9.3 Conducting themselves or their business in a way as to create a threat to the health, safety, and welfare of any specific individual or the general public. 9.4 Conducting business before 8 a.m. or after 8 p.m. 9.5 Failing to provide proof of license, or registration, and identification when requested. 9.6 Using the license or registration of another person, 9.7 Alleging false or misleading statements about the products or services being sold, including untrue. statements of endorsement. No peddler, solicitor, or transient merchant shall claim to have the endorsement of the city solely based on the city having issued a license or certificate of registration to that person. 9.8 Remaining on the property of another when requested to leave. Peddler, Solicitor or Transient Merchant License Application Farm Page 12 Peddler: SoU tor or Transient Merchant, License A R21iodona..:- y -T City of Gem.Lake, Minnesota 4200: Otter Lake Road, Gem.. take, MN 55110 651747-2790192 - fax 651747-2795 n fur. Q= Peddler License Solicitor License ❑ Transient Merchant License Initial Application Or Renewal Application Dates you ir tend to conduct.business in the City of Gem Lake: Number of 1 lays you will Conduct business: in the City: `� � 5 P AN (Please.print);. [Full legal n ame): Any. other r ames/allases under whi& you conduct business or officially answer - !)river's tirise of MN I17 Number- j ~ Physical U trip tion: XN Eye Color Hair Color Height. Weight Permanent sidence address Residence Phone Number Circle one, I Have[Have not been convicted within the last five. year. of.a felony, gross rnisdeme or, or misdemeanor. for violation of. any state or federal statute or any local ordinance Cher than misdemeanor traffic offenses). VEHICLE NFORMATION: (Please include information for all vehicles to be. used in conjundioi with the license. Attach an additional sheet if necessary). Make. Model Year Color License Plate Number/State . Vehicle identification Peddler, ScI16tor or Transient Merchant License Application Form. page 1 AFFLICAN S BUSINESS. INFORMATION: e. .. business Na e J Address vli . Telephone Number 3 Minnesota to Tax I.D. Number A Minnesoti Sates Tax ID number can be obtained. through the Minmsota Deparh teftt.of Revenue at Z 282-5225. Full kgal na rne.of any and all business organizations .owned, managed or operated by you or for which. y u are an employee ai agent: Any andall address(es) and'telephone numbers where you can bereached while conducting business in he City,. including .a :location if you are a transient merchant ana intend to set up business:.. Type of buiihess to be conducted and/or:iterns to be sold (attach an additional sheet if De5crip tiol of haw and where the business is tto be conducted: Peddler,.ScIlicitor or Transient Mercharit License Application Form Page 2. Proposed ha ar/days of operation:. List all other individuals to be covered by the license or all individuals accompanying you while conducting t hebvsinesR place -to -place: Please list a three most recent cities andlor townships where you have conducted: business: as a peddler,: s4 licitor.or transient merchant: If you area plying for a transient. merchant license; please attached written permission from the propert, owner.or the property owner's agent for any. property to be used. by your business to this App cation: Applicant ignatu-re:/;2,- 2�2, 46, Date. r _. Peddler, S ficitor or Transient Merchant License.Application Form page 3 CITY OF GEM LAKE, MN City Hall - 4200 Otter Lake Road Gem Lake, MN 55110-3763 Telephone 651-747-2790/2792 E-mail C_ily gemlakeMl_. release of Information Authorization When fil ing .out #his form please print. Thank you. Last Name of Applicant - -- Middle (d1l). Maiden, Allias or Former: Current. A dress:: Date of Bi the Month/Day/Year Sex (M or h;,'LL I,. the.abc)vf named applicant, authorize the City of .Gem Lake to xequest a computerized criminal history sea ch in my name through the City of White Bear Lake Police Department and/or the Minnesota Bureau. of Criminal Apprehension, pursuant to 1VIinrZesota Statutes, Section.$64.03, relating to i ay application for a peddler, solicitor or transient merchant. Additionally; I authorize theMinnes ta.Bureau of Criminal Apprehension and the City of White. Bear Police. Department to disclose all criminal history record information to the City of Gem Lake for the purpose of completing my. application. This: authorization request form shall expire one year from this. _] day of 2015. Jrgnature y Date Peddler, So, icitor or Transient Merchant License Application Form: Page 4 Pedd r vli it r ar Transiert r hint Li en A 11a�.0?an :W . Cii�r of Gem Lake, Minnesota 4200 Otter Lake Road, Gem Lake; iVIN 55110 651747:2790192— fax 651747-2795 d . M akemm_Q1&. Peddler License Solicitor License Q Transient Merchant License ❑r Renewal Application initial. Application A r 5Aq Dates you intend to conduct business in the City of Gem Lake: Number of days you will.conduct business in the City: APPLICANT (Please print): (Full legal name): A Aiit.h Any other names/aliases under which you conduct bushness or officially answer. Driver's License of MN ID Number; Physical Description. Weiht l Hair Color I _ f Height � g Eye Colo, r� -I Residence PhoneNuimber Permanent Residence address . Circle one: I Have/Have:not been convicted within,..the last five year of a felony, gross inisdexnearior, or misdemeanor for violation of any state or federal statute or any focal ordinance (other than misdemeanor traffic offenses). VEHICLE INFORMATION: (Please include information for all vehicles to be Used in conjunction with the license. Attach an..additional sheet if necessary).. #ref' Year Make Model 1 ,d l Color License Plate Number/State Vehicle Identification ation Form Page Peddler,.SoIicitor orTransient Merchant Ucense Applic1 APPLICANT'S BUSINESS INFORMATION: `L Telephone Number Business Name Address: ,!� f 141q F Minnesota Sales Tax I.D. Nixrnber A Minnesota: Sales: Tax:ID number can be obtained through tkeMinnesota Department of Revenue at 651282-5225. Full legal name of any and all business organizations owned, managed or operated by you or for which you are an employee or agent: 6 RCIA, "-.! .Any and all address(e5) and telephone numbers where you can be reached while conducting business in the City: including a location if"you are a transient merchant and intend to setup business:. , %,, n n e1 r 1 n r f i Type of business to be conducted and/or items to be. sold (attach.an additional sheet it necessary): 00( Description of how and where the business is to be conducted: [),O or o ]� Peddler, Solicitor or Transient merchant. License APO catioh Form page 2 Proposed.hour/days of operation: List all other individuals to be hovered by the license or all individuals accompanying you while conducting the business place -to -place: Please list the three most recent cities and/or. townships where you have conducted business. as a peddler; solicitor or transient merchant: i:f you are applying for a transient merchant license, please attached written permission from the property owner or. the property o agent for any property to be used by your business to this Application. Applicant Signature: Date: Peddler, Solicitor or Transient Merchant License Application Form Page 3 40- CITY OF GEM LAKE, MN City Hall - 4200.Dater Lake Road Gem. Lake, MN 55110-3763 Telephone 651-747-2790/279.2 Email City@geralakeMN.org Release of Information Authorization When filling out this. form please print, Thank you. Last Name of First Name: Middle (full): Maiden, Alias or Farmer: Current Address; Date of Birth: MonWDay/Year Sex {1VI or P}: - -p L the above named applicant, authorize the City of Gem Lake to request a computerized criminal history search in my name through the City of White. Bear Lake Police Department and/or the Minnesota Bureau of Criminal Apprehension, pursuant to Minnesota Statutes, Section 364.03, relating to my application for a peddler, solicitor or transient merchant. Additionally, I authorize the Minnesota Bureau of Criminal Apprehension and the City. of Wh te.Bear Police Department to disclose all criminal history record. information to the City of Gem Lake for the purpose of completing my application. This au orization request form shall expire one year from this ii day of 20 j 15 ► Date Peddler, Solicitor or Transient Merchant License Application Form Page 4 CITY OF GEM LAKE, MN 4206 Otter Lake Road Gem Lake, MN 55I.10-3227 Zoning Certificate Interim. Use Permit I hereby certify that based upon review of your request for an Interim Use Permit by the City Council of the City of Odin Lake; the real estate, described as f6ilows, to -wit: See attached legal description, and co urionly known as: XXXX County Road E, which is in a(n) Garden..Overlay- District,. can he used for the following purpose: Reciting out of plots of land for gardening, all in accordance with the attached. Requirements, pursuant to the Zoning Ordinance. for the City of Gem Lake, Ramsey County, Minnesota. Dated: MAYOR ❑ CONDITIONAL USE ® INTERIM USE ❑ OTHER: Ta fie. Completed. By OW. Permit Approval Granted Initial Year:. ❑ .Renewal $1.00:. by City Council: .Fee Paid: [� Permit Expires; (Per Ordinance No. 122) Look for us.an the World Wide Web at gem]akemn.org. Interim Conditional Use Permit Requirements Hansen Investments, LLC . XXXX County Road E Gem L&e,. Minnesota 55110 The City Council noted that .future Interim 'Use Permits for the. Garden Overlay District must meet all Ordinance requirements as defined by Ordinance No. 122 -Garden Overlay Zone. They include submission of + Draft Ieases, contracts or use agreements to which the group{sj or ndividuaI(s} using the gardens. agree to prior to using the garden space. • Agreements must provide the: Iand owner with the legal ability to evict .a tenant and bar entry to any: individuat. member of a group if the.: tenant. violates the terms of the Zoning Ordinance, the Interim Use Permit for the .property, and restrictive term. of the lease. or any other applicable City Ordinance or State law. • The applicant shall provide a written summary of the proposed use of fertilizers; pesticides, and other agricultural chemicals in the. maintenance of the gardens. + No motorized implements. or machinery may be used in the cultivation and 'maintenance of any .garden, except for plowing of the plots between the hours of 8;40 a.m. and S:OO p.m., Monday through Friday. Motor vehicles of less than 7,000 lbs. gross vehicle weight may be used to deliver and carry away equipment, supplies,. and product. Animal husbandry and aquaculture are. not permitted activities within. a Garden Overlay zone. • No fuel, fertilizer;pestiddes or similar chemicals shall be stored. on the property, All gardening activity. and all structures and equipment shall be set back.at least 20 feet from the property Wine of any property not included within a Garden overlay Zone, and at. least 150 feet from any dwelling. • All gardens shall be divided into garden plots, separate from other plots and from required setback areas by unpaved walkways of at.least G feet in width.. No.singte plot shall cover rriore than 10% of the total Iand area of the property on which the plot is located. • Off-street parking and loading areas shall be unpaved and shall not exceed 15% of the lot area Covered by.garden plots and required walkways.. • The property owner is responsible: for the collection and disposal of litter on the property. • The hours of operation for a permitted garden are % hour before sunrise until '1/2 hour after sunset, The property owner is responsible for ensuring compliance with all other applicable laws, ordinances and. regulations, including City ordinances and. watershed district roles governing wetlands. and stormwater control. • The City reserves the right to periodically inspect the premises. to insure compliance Lank for us on the World. Wide: Web atgemlakemri.6rg City of Gem Lake, MN Resolution No. 2018 --13 A RESOLUTION APPROVING the Landmark Development Final Plat, WHEREAS, The City of Geri Lake was approached by Landmark Development to develop 1.8 acre of land west of Daniels. Farm Road, WHEREAS, the City `of Gem Lake. staff worked with the Developers staff to create plans: that will be in compliant with city ordinances, WHEREAS, that the Landmark Developments Final plat and. Mylar has been approved. NOW, THEREFORE, BE: IT RESOLVED, the above resolution was adopted at the .May 15th regular City Council Meeting for the City of Gem Lake, Ramsey County Minnesota, made by Council Member XXXXX and seconded by Council Member XXXXXX. With a vote of XXXX yes and.XXXX no ATTEST I, Tori Leonhardt,. the duly qualified City Clerk of the City of Gem Lake, County of Ramsey, State of Minnesota, do hereby certify that the foregoing resolution is a true and accurate representation of action taken by the: City Council of the City of Gem Lake on the date first written. Torn Leorlhardt,. City Clerk Date DEVELOPMENT AGREEMENT THIS AGREEMENT made this. day of , 2018, is by and between the. City of Gem Lake, whose primary address is 4200 Otter Lake Road,. Gerim Lake; Minnesota.55:110, Ramsey County, a municipal corporation organized under the laws of`the State Of Minnesota.,. (the "City"), and Landmark of Anoka LLC, a Minnesota Limited .Liability Company, whose primary address is 13432 Hanson Blvd, NW, Andover, Minnesota 55304 (the "Developer"}. WITNESSETH; WHEREAS, Developer has acquired the property situated in the City of Gem Lake, County of Ramsey, and preliminarily platted and will be platted as Villas of Gem Lake (the. "Villas"]; and. WHEREAS, the Preliminary Plat for Villas was approved by. the City Council of Gem Lake at their special city caunGil meeting, of March 7, .2018; and. WHEREAS, the. Developer has agreed to construct single family homes :and other improvements on the Property as more fully set forth. In this Development Agreement; and WHEREAS; Developer proposes the construction of certain other improvements within said Plat. Said other improvements include the general improvements to serve the Plat (Hereinafter individually and collectively referred to as: the "Required Improvements' ); and WHEREAS, the Developer has prepared final.plans and specifications for the Required Improvements; and WHEREAS, Minnesota Statute §462.358 authorizes the City to enter into a Development Agreement, secured by a performance guarantee for completion of all such improvements. following final approval by the City. Council and prior to the recording of the final plat at Ramsey County; and WHEREASs the City and the Developer have entered into this Development Agreement to document their respective rights and. responsibilities with respect to. the construction of the. improvements; and WHEREAS; the City believes that the Development of the Plat and fulfillment of this Agreement are vital to the best interest of the City of Gent Lake, NOW THEREFORE, in consideration of the premises and the mutual obligations of the parties hereto, each of them does hereby covenant and agree with the other as follows: I ARTICLE I Definitions Section 1.1; Definitions. In this Agreement; unless. a different meaning clearly appears from the context: "'Agreement" means this Development Agreement, as the same may be from time to time modified, amended or supplemented.. "Articles and ections" mentioned by number only are the respective Articles and. Sections of this Agreement so. numbered. "Certificate of Completion" means the certification provided to the Developer upon satisfactory completion of the Improvements: "Cam" means the City of Gem Lake, Minnesota. "Construction Plans" means the plans, specifications; drawings and related documents prepared by .registered: architects or engineers for all construction work to be performed by the Developer on the Property,. including all on -site improvements to be performed, installed or constructed upon the Property, pursuant` to this Agreement. Such. plans shall, at a minimezm, include the level of detail required for issuance of.building permits by the City. "Develo er'S In1 rovements" means those improvements to or serving the.Property to be performed. by the Developer, as more fully set forth under thisAgreement. "Event of Default" shall have the meaning set forth in ofthis Agreement. "Improvements" means the site preparation; grading, landscaping; streets, and utility installation, in accordance with the approved Construction Plans for the Improv.ements and. pursuant to the terms of this Agreement. "Minnesota. Environmental R` hts Act" means the statutes located at Minnesota Statutes Sections 116B.01 et seq., as amended; "Parties"means the Developer and the City. "State" means the State of Minnesota, "Unavoidable Delays" means delays, outside of the control of the Party claiming its occurrence, which are the direct result of strikes; other labor troubles; material shortages, unusually severe orprolonged bad weather; Acts of God, fire or other casualty to the Improvements, litigation commenced by third parties which, by injunction or other similar judicial action, directly results in delays, or acts of any federal, state or local .governmental unit (other than the City) which directly:result in. delays, or any other similar causes. 2 ARTICLE 11 . Representations And Warranties Section 2.1. Re resentations and Warranties by the Ci The City represents and warrants that: (a) The City is a public body politic and corporate under the laws.of the Mate of Minnesota, has the power to enter into this Agreement and to carry out its obligations hereunder. Section 2.2. Representations and Warranties -by the Develo er. The Developer represents and warrants that: (a) The Developer is a limited liability company duly organized. and authorized to transact business in the State, is not in violation of any provisions of its corporation or the laws of the State, has power to enter into this Agreement. and has duly authorized the execution,. delivery and performance of this Agreement by proper action of the corporation. (b) The Developer will construct the .Improvements upon the Property in accordance. with the terms of this Agreement and all local; state and federal laWg and regulations (including, but not limited to, environmental; zoning; building code and public health laws and. regulations). (c) It is the intent and understanding of the parties that uponcompletion of the Improvements, consisting of single family homes upon the Property, that the Developer will market the homes to. individuals intending to use the Property as their primary residence as opposed to a rental property. (ii). It is the intent and understanding of the parties that t ie`Villa Plans. (Plan names. Vienna; Vennetian and Victoria) are approved%to be constructed upon the property., Homes will have a current .fair market value in excess of. $400,000, All. homes are to be constructed by Hanson Builders. Building official will not need any further approvals from Gem Lake's staff or Council. Monochromatic exterior color scheme will be used for the entire neighborhood. 'The: construction hours are as follows: Monday -Friday 7:00 A.M,- 7:00 P.M. and Saturday 7:00 A.M.-4:00 P.M: No `construction is allowed or. Sundays or Holidays. (e) The Developer has received no notice or communication from any local, state.or federal official that the proposed: activities of the Developer may be or will be in violation of any environmental law or regulation. The Developer is aware of no violation of any local, state or federal environmental law, regulation or review procedure, or of any facts which would give any person a valid claim under the Minnesota Environmental Rights Act. 3 (lj The Developer will use its best efforts to construct the Improvements in accordance with all local, state or federal energy conservation laws or regulations. (g) The Developer will obtain, in a timely manner, all required permits, licenses and approvals, and meet, in a timely manner, all requirements.of all applicable local,. state and.federal laws and.regulations which must be obtained or wet before the Improvements may be lawfully constructed. (h) Neither the execution and delivery of this Agreement, the consummation of the transactions contemplated hereby, nor the .fulfillment. of or compliance with the terms and conditions of this°.Agreement is prevented or limited by, or in conflict with or will result in a breach of the terni.s., conditions or provisions of any evidence of indebtedness, agreement. or instrument of whatever nature to which the. Developer is now a party or by which it is bound; or will constitute a default under any of the foregoing. (1) The Developer: shall prepare a final plat: for City review:and approval; . U) The Developer shall provide to the City, upon execution of this Agreement and prior to the commencement of construction of the Improvemen% proof of financing in an: amount and from a source found sufficient :thy the City to assure the. Developer's ability to construct the improvements contemplated by this Agreement. ARTICLE III Construction Of improvements Section. 3.1. Construction. of Iinnrovements. The Developer will construct the. Improvements on the. Property:in accordance with the approved Construction Plans and at all tunes during the term of this: Agreement will operate. and maintain, preserve and keep the Improvements or cause the Improvements to be operated, maintained, preserved. and . kept in. good. repair and condition. Section 3.2. Construo-Gon Plans. (a) The. Developer shall cause. to be constructed, at his cost, the Required Improvements according to City standards. All of the Required Improvements shall be approved by the City prior to construction and shall be consistent with. approved Plat, the Grading. Drainage and Erosion Control Plan, Tree & Pond. Planting Plan, Landscaping Plan, the Development Utility Plan, and City Resolution. Number 2018-07 and any City resolution associated with final plat: approval granted on April 17, 2018 as well as: any requirements imposed by the City Engineer. A copy of the subdivision plat is attached hereto and. incorporated herein. as Exhibit A. (b) The. Developer shall have no. claim against the City .and its .officers and employees for damages sustained or casts incurred resulting from Plat approval and. development. The Developer agrees to indemnify, defend and. hold harmless the City; its agents and employees from any claim, demand, suit,.action or other proceeding whatsoever by any person for any loss or damage to. property or any injury to or death of any person resulting from arty actions of the Developer, or their agents or. contractors. Until all of Developer's obligations under this Agreement are fulfilled, the Developer shall provide and maintain public liability and property damage insurance covering personal. injury, including death, and claims for property damage which may arise. Limits for bodily injury or death shall not be less than $1,000,000 for one person and $2,000,000 for each occurrence. Limits for property damage shall not be less than $2,000,000 for each occurrence. The City.shall be named as an additional named insured. on said policy, and the Developer shall file a copy of the insurance coverage with the City prior to the commencement of the Required Improvements. The insurance policy obtained by the Developer is, subject to City approval. In the event that the City is held.liable to a third party by a court of competent jurisdiction for damages and the insurance obtained by Developer for any reason fails to cover the City, the Developer shall. be. liable under this Agreement for any and all costs incurred or damages claimed against the City. (c) This Development Agreement cannot be assigned or transferred without prior written approval of the City, (d) Any breach of the terms of this Agreement by the Developer shall be grounds for%denial of the issuance of any building.permit. (e) There is no intent to benefit any third parties and third parties shall have n.o. recourse against the City under this Agreement. (#) The Developer shall reimburse the City for all costs incurred by the City in defense or enforcement of this. Agreement due to actions or inactions of Developer. including court costs and reasonable engineering and attorneys' fees. (g) If any portion, section, subsection, sentence, clause, paragraph, or phrase of this. Agreement is for any reason held to be invalid by a court of competent jurisdiction, such decision shall not affect or void any of the other provisions of the Development. Agreement. (h) It is agreed that the City has the right, privilege and authority as a condition precedent to the approval of the plans and specifications and approval of Final Plat, to prescribe design requirements for any Improvements within the. Plat, (i) The provisions of this Section relating to approval, rejection and resubmission of corrected Construction Plans shall continue to applyuntil.the.Construction Plans have been. approved by the City, Approval of the Construction Plans by the City shall not relieve the Developer.of any obligation to comply with the terms and provisions of this Agreement. or the provisions of applicable federal, State and: local laws,. ordinances and regulations, nor shall approval of the Coinstruction Plans by the City be deemed to constitute. a waiver of any Event of Default. The. Construction Plans shall be deemed 5 approved by the City unless rejected in writing within thirty 30) days after receipt from the Developer by the City with a statement of the . City's reasons for such rejection, 0) If the Developer desires to make any material change in the Construction Plans after their approval by the City, the Developer shall submit. the proposed change, in writing, to the City for its approval, If the Construction Plans, as modified by the proposed change,. conform to the requirements of this Agreement and such changes do not materially alter the nature; quality or exterior appearance of the Improvements, the City shall approve the proposed change and notify the Developer in writing of its approval, Section 3.3. Commencement and Com lotion of Con c 'ion. The Developer will provide a schedule in writing outlining. in detail the proposed schedule which must be approved prior to the stark.of construction. The construction shall be co nunenoed by May ], 2018. Subject to Unavoidable . Delays, and contingent upon Developer securing adequate financing, the Developer shall commence construction of the Improvements by. Subject to Unavoidable. Delays, the Developer shall have substantially completed the construction of the Improvements within 200. days following the actual commencement of construction, unless amended by the parties. Appropriate extension of time for completion shall. be made for time lost.as a result of Unavoidable Delays or other factors approved by the. City; provided that within twenty (20) days after the. occurrence of an. Unavoidable. Delay or other factor, the Developer shall. have notified the City in writing of such. occurrence. Until construction of the Improvements has been completed, the Developer shall make reports to the City, in such detail and at such times as may reasonably be. requested by the City, as to the actual progress of the Developer with respect to construction of the Improvements: The Developer shall allow designated representatives of the City to enter upon the Property during. the construction of the Improvements to inspect such construction.. Section 3.4. Certificate of Com Wetion. (a) Promptly after completion,af the Improvements in. accordance with. those .provisions of the Agreement relating solely :to the obligations of the Developer to construct. the Improvements (including the dates for beginning and completion thereof), and upon approval of the Improvements by the City, the City will furnish the. Developer with an appropriate instrument so certifying (the Certificate of Completion). Such certification by the .City shall be a conclusive determination of satisfaction and termination of the agreements: and covenants in: the Agreement with. respect to the obligations of the Developer and its successors and assigns, to construct the Improvements and the dates for the beginning and completion thereof, Such certification and such determination shall not constitute evidence of compliances with or satisfaction of any obligation of the City to any Holder of a Mortgage, or any insurer of a Mortgage; securing. money loaned to finance the Improvements, or. any part thereof. (b) If the City shall refuse or fail to provide any certification in accordance with the provisions of this Section; the City shall; within thirty (3.0) days after written request by the. Developer, provide the Developer with a written statement, indicating in 0 detail in what respects the Developer has failed to complete the Improvements in accordance with the provisions of the Agreement, or is otherwise in default, and: what. measures or acts will be. necessary, in the. opinion of the City, for the Developer to tale or perform in order to obtain such certification. (c) The City will take ownership of the improvements when the last lot is sodded and the City has signed.off on all public infrastructure. ARTICLE IV The Developer will construct and install, at Developer's expense, the. following.improvements identified under Parts.A and B C Developer's.Improvemen& }, according to the terms and, conditions stated herein. Develo er's Improvements art A Section 4J.. Site Grading. The Developer shall do all site grading associated. with common greenway, trails/sidewalks and open spaces, storm water storage ponds and surface drainage ways including sodding of boulevards, all in accordance with the Construction Plans. Upon completion of all grading, Developer's engineer shall certify in writing that the site is graded to the approved. plans and that 0 unbuildable soils are removed from within the street right-of-way and within the buildable area identified herein. Also, :the Developer agrees prior to commencement of grading to call a pre -construction meeting between the City, Developer and contractors for the site grading. Section.4.2. Soil Erosion and Tree _Protection.. The Developer shall control soil erosion. ensuring - (a) All development shall conform. to the natural limitations presented by the topography and soil of the subdivision in order to create the best. potential for preventing soil erosion. The Developer shall submit an erosion control plan as part of the grading and drainage plan, detailing all'erosion control measures to be implemented during construction. Said plan shall be approved by the City prior %to the commencement of site grading or construction. The developer shall also submit a. copy of their Storm Water Pollution Prevention Plan (SVVPPP) to the City prior to commencement of site grading or construction, (h) Erosion and siltation control measures shall be coordinated with the different stages of development, Appropriate control measures, as .required by the City, shall be installed prior to development when necessaryto control erosion; (c) Land shall be developed in increments of workable size such that adequate erosion and siltation controls can be :provided as construction progresses. The smallest practical area. of land shall be exposed at any one period of time. (d) Where the topsoil is removed, sufficient comparable soil shall be set aside for re -spreading over the developed area which shall also be seeded, mulched, and disk anchored, 7 The topsoil shrill be restored to a depth ofat least,four (4) inches and shall be of a quality at least equal to the soil quality prior to development. (e) The Developer shall be responsible to maintain the required tree protection during all grading activities and any planting of trees will comply with the conditional use permit; preliminary plat, and the tree consultant's input. Section 4.3. Iron Monument Placement. The Developer shall place iron monuments at all lot and Block corners and.at all. other angle points on boundary lines. Iron.monurnents shall be placed after all streeettutilities (public and private) and lawn grading has been completed in order to preserve the lot markers for future. property owners.. Section<4.4. Street -Signs. The Developer shall pay for the installation of all standard street signs at :all locations required for the. development as determined by the City. Engineer. The City Engineer shall, by, advise Developer of the required sign locations. The Developer has the option of installing the signs per City design and installation requirenierits or the City shall install all sail? signage and. the Developer shall reimburse the City for the cost thereof by payment in advance to the City of the estimated cost thereof. Seetion.4.5. Street and Stomi SewerMaintenpgg. The Developer shall. be responsible for street and storm sewer maintenance, including curbs, boulevards, sod, street sweeping and.. storm sewer cleaning until 144%a of the homes within the development are constructed upon the lots. The City's Consulting Engineering Will conduct site visits to ensure compliance; Staff will contact the Developer in writing and give a reasonable timeframe to meet compliance. Ifthis is not met, the City will sweep the streets and. invoice the Developer for time spent. Warning signs shall be placed when hazards develop in streets to prevent the public. from traveling on same and directing attention to detours. If and when the street becomes impassable, such streets shall be barricaded and closed. In the event residences are occupied prior to completing streets, the developer shall maintain a smooth driving surface and adequate drainage on all temporary streets. Performance shall be guaranteed by the financial guarantee recited.herein.. Section 4.6. Storm Water Holding Ponds and Infiltration Basin, - The Developer shall dedicate and survey all storm water holding ponds and infiltration basins as required by the City. The DoYcloper shall be responsible for storm sewer cleaning. and holding pond dredging; as reasonably required by the City, prior to completion and acceptance of the development. The Developer grants. the City the right to enter upon the property to perform all functions. required under this Agreement and City Codes,. Performance shall be guaranteed by the Performmee Guarantee set`forth under`this Agreement. Wetlands. The Developer and Home Owners Association shall be responsible for creation. and maintenance of wetlands for the life of the wetlands. The Developer shall prepare and provide copies of all wetland monitoring .reports and maintenance activity records per the requirements of the Watershed District, to. the City Engineer for. review;. Section 417. At�provals and Permits, The Developer shall be responsible for securing all necessary approvals and permits fror all appropriate Federal, State, Regional and Local jurisdictions prior to. the commencement of site grading and prior to the construction of Developer Improvements. NZ Section 4.8; Utilities. The Developer shall arrange for all gas, telephone, cable television (if available) and electric utilities to be installed to serve the development. Developer shall install water meters in each of the homes consttuated according to City specifications. Section 4.9. Dedication. of Land. Developerr shall dedicate land in the amount of 9,35 acres to the City, Section 4. 10. City Engineer. The. City shall provide a licensed professional engineer; or their duly authorized representative to oversee, at the Developer's expense, the Developer's. Improvements identified in this Agreement until such improvements are completed and accepted by the City. The City shall.conduct an inspection within forty-eight (48) hours. of notice. or request by the Developer. The forty-eight (48) hour. notice shall exclude weekends and holidays. Section 4,11, TreePlan. Developer shall install trees within the open space according to the Tree Plan submitted in the Plat. Estimated cost of Developer's Improvements for Part A, the. description and completion dates are as follows: See Exhibit B, Part A. Section 4.12, :Finance. (a) As f nancial security, Developer shall furnish the City with a Letter. of Credit or other security in a City approved format in an amount equal to One Hundred Twenty -Five Percent (125%) of the improvement contract amount of, an executed copy of which is attached as Exhibit C. The Developer's financial security shall be used to. guarantee Developer's completion o f all of the Required Improvements, compliance with this Agreement,. and compliance with the. terms and conditions of approval of the Villas Plat, Said surety shall. be immediately available for City's use to complete part or all of the construction in a timely and satisfactory manner, as determined in the sole discretion of City. Said surety shall remain in foil force and effect until completion and acceptance of the. Required Improvements based on the. sole determination of City. After the first lift Of asphalt is applied to the streets and approved by the City Engineer, the financial security may be reduced to an amount equal to the cost of the final lift of asphalt and any remaining utility and/or restoration work to be done multiplied by l;S0°/o. (b) The Developer agrees that the terms of the financial. security shall be deemed to. have been viol ated. if the Developer faits to perform any of the terms of this Agreement in the manner: required by the City. City shall provide Developer ten (10) days written notice of any violation of the teens of the Agreement. Determination of a violation of the terms of the Agreement shall be in the sole discretion of the City, which shall not be unreasonable. The financial security shall be. available for use by the City to remedy any violation of the: terms of this. Agreement, .subject to the "ten (14) days. written notice to Developer and Developer's failure to rectify same within that. period of time. (e) Water meters shall be installed per City requirements. (see above). (d) WAC and SAC charges shall be paid with each building permit. (e} All plumbing permit fees, electrical permit fees and any other permit.fees required., for new construction shall be paid at the time ofthe building permit application. (f) The Developer shall deposit with the City Twenty -Three Thousand Eight Hundred Twenty -Seven and.501100 Dollars ($2.3,827,54), from which any and all costs and expenses incurred by the City, in any way related to this Agreement, 'including, but. not limited to, planning and engineering fees; legal fee ; City staff time; cost of acquisition of easements, if any, shall `be paid. Costs for City staff time expended in. conjunction with this Agreement are expected to. equal two and one-half percent (2.5%0) of the construction. cost of the Required Improvements, Said fee can be increased or reduced in the. sole discretion of the City, should staff time required vary dramatically from this estimate: (g) All current and outstanding bills and invoices from the City are to be paid before start ofgrading and construction. Develo er's Improvements art B Section 4.13. Construction of CibLt ai ttained Improvements. (a) Thi a Devveloper shall install allstreets and utilities (sanitary sewer, watermain: and storm sewer) 'in accordance with the approved street/utility plan and specifications that. has been. approved by the. City and/or the. City's consulting engineer. Also, the Developer, agrees prior to commencement of construction to call a pre -constriction meeting between the City, Developer and contractors for the street and utility construction: Developer further agrees to coordinate its contractors' activities with. the City:for inspections. If improvements are. installed without required City inspections, the City may require that such improvements. be removed and reconstructed: City inspector shall be notified at least forty-eight (48) hours prior to any and/or all construction activity. (b) The Developer shall he responsible for securing all necessary approvals and permits from all appropriate Federal, State, Regional and Local . jurisdictions prior to the commencement of streets, trails/sidewalks, utilities, etc. and prior to the Developer awarding construction contracts. (c) Ins�ectlon. All of the work shall. be under and subject to the inspection and approval of the. City% and, where appropriate; any other governmental agency having jurisdiction. The City shall provide a.licensed professional engineer, ortheir duly authorized representative, to. oversee, at the Developer's expense, the Developer's Improvements identified in this Agreement until such improvements are completed and accepted by the City. The City shall conduct an inspection within forty-eight (48) hours of notice or request by the Developer; The forty-eight (48) hour notice shall exclude weekends and holidays. (d) Easements. The Developer shall dedicate to the City, as part of the final plat and at no cost to the City, all permanent easements necessary for the construction and installation ofthe Developer's improvements as shown. on the final plat under this Agreement 10 (c} The Developer shall cause to be performed to the City Engineer's satisfaction all. fuush grading, on each lot of the plat and shall maintain said grading. until a Certificate of Occupancy is issued for each respective lot within the. Plat, including turf establishment on any drainage easements, During this.period the Developer shall. prevent erosion by wind and water to the pursuant to the approved Storm Water Pollution Prevention Plan (SWPPP) and to the City Engineer's satisfaction. The Developer shall prepare an as -wilt survey which verities elevations of each structure constructed as each parcel is developed. Should Developer sell any lots to a third party prior to the construction of a principal dwelling unit on any lot within the Development; then Developer shall require the third party to assume these same responsibilities as a condition. of the purchase agreement. The developer shall also include an additional provision in the thirdparty purchase agreement that indicates the third party's acknowledgement that should they fail to comply with any of the provisions delineated in this section, the City will withhold the certificate of occupancy until these provisions are fully complied with and that the third party is subject to any fines and penalties that said violations may generate. Finally, the Developer shall attach.the approved SWPPP to the third party purchase agreement to ensure full disclosure of this requirement to the third .Party- (d) The Developer shall install.Plat monuments within the Plat.. Said monuments.shall. be installed and certified.. by a registered land surveyor. Monument locations must.thereafter be verified prior to the issuance of any Certificates of Occupancy for houses constructed within the ,development and, again after completion of landscaping with replacement of any monuments that are no longer present. (e) Developer shall instruct his engineer to provide adequate field inspection personnel to ensure the project is constructed in accordance with approved plans and specifications. Inaddition, the City's Engineer, at Developer's expense, shall also inspect the construction of Required Improvements for the purpose of. certifying` the same and recommending acceptance by City.. Developer shall also complete constructionstaldng.for the project at Developer's expense. Section 4;15. Miscellaneous, (a) The Developer shall create a Homeowner's Association and set requirements will refer "to maintenance of wetland areas. (b) The City will sign. appropriate documents with respect to the value of the dedicated open space based on the appraisal by Nagell.AppraisalIncorporated; dated February 21, 2018. (c) The Developer represents that the Plat and Required. Improvements will copriply with all City, County, Metropolitan, State and Federal laws and regulations, including, but not limited to, subdivision ordinances, zoning ordinances, .noise ordinances, and environmental. regulations; including wetland impact. and mitigation. 12 as determined by the City. It shall be Developer's responsibility to obtain : any and all temp orary easements as may be necessary for Developer's performance under this Agreement, (e) Oyersizing Reimbursement. In the event. that .Developer is required to construct any sanitary sewer, storm sewer, watermain improvements or trail improvements that will benefit properties beyond the boundary of the Developer's plat, the City shall reimburse Developer for the construction costs thereof as determined by the Developer, and agreed. upon by the City, through invoices of work provided, This amount. shall be paid to Developer %on. or about thirty (30) days after the City's receipt of an invoice showing the amount due is provided to the City (f) The Developer shall be responsible for all standard street signs at all locations required for the development (g) As -built drawings of all improvements identified in Part B.shall be filed with the City Engineer. Such as -built drawings shall show the date of construction and shall be drawn in such a manner and on such materials to meet the standards at the. City available in the City engineer's office. As -built drawings must be completed and filed in the City engineer's ofliice within six (6):months of the day of the. completion of such improvement. If as -built drawings are not filed within the: time period, specified the City engineer may be authorized to conduct surveys and complete#tie drawings and all ofthe costs pursuant Hereto shall be paid. by the Developer, Estimated cost of Developer's Improvements, the description and completion dates for Part 13 are as follows: See. Exhibit B, Part B. Section 4:14; Engineering. (a) The Developer shall cause to be constructed, at its cost and its Quiz risk;. the Required Improvements according to City standards. All. of the Grading and Drainage Improvements shall be approved by the City and shall be consistent with the Final Plat and the. Grading, Drainage, Erosion Control Plaids approved March 30, 2018, subject to. any revisions required by the City Engineer. A copy of said plans are attached hereto and incorporated herein as Exhibit D. Developer shall provide: all. documentation. required by the: City's Engineer to ensure any custom graded lots meet City standards, including tree preservation. The Developer also agrees to adhere to all terms and conditions as set forth by the Ramsey -Washington. Metro Watershed District (RWMyVi)}. Developer shall provide a copy of the RWMWD Permit to the City prior to the commencement of construction. (b) Developer or their agents or assigns, shall comply with all provisions of the Storm Water Pollution Prevention Plan (SWPPP) including but not limited to keeping the public streets clear of any soil, earth or.debris resulting from work done.by Developer or his agents or assigns. Any such materials roust be promptly removed and in no event shall they be present more than twenty-four (24) hours after placement. Failure to comply with this provision will result in the City undertaking this work with costs to be reimbursed by Developerpursuant to this Agreement: .Developer shall obtain all necessary permits and consents for the Required Improvements including, but not limited to, any permits required by the Minnesota Department. of Health. for water main. extensions, any permits required by the Minnesota Pollution Control Agency for sanitary sewer main. extension, any permits required by the. Metropolitan Council Waste. Water Services Division for connections to sanitary sewer lines; any permits required by the Ramsey -Washington Watershed District for grading and storm water discharge; and any permits: ar approvals necessary to properly comply with Wetland regulations, Developer shall reimburse the City for any costs or expenses incurred by the City due to the need for any permits or consents and shall be. responsible for compliance with any other requirements imposed by the agencies in question. (d) Developer shall comply with the City Engineer's recommendations, including the creation of a storm water retention:pond planting plan that meets.with the approval, of Ra nsey/Washington Metro Watershed District staff and City staff. Said approval shall occur after the execution of this Agreement. (e) Prior to the con mencement of any work, Developer or his engineer shall schedule a preconstruction meeting to be held at the Gem Lake City Hall at a date and. time.agreeable to City. Said meeting.shall include all parties concerned, including, but not limited to, City staff, Developer's engineer, Developer's contractor(s), Developer's builder(s); and if necessary, representatives of Ramsey -Washington Watershed District. The purpose of this meeting will be to review the work program for construction to achieve%a coordinated approach between all parties involved and shall. include a detailed schedule in writing provided by the Developer. (#) Developer warrants all work required to. be performed against poor material and faulty workmanship fora period of two (2) years after its final completion and approval by City. All landscaping. including, but not limited to, trees,. shrubs; grass seed, sod, native plantings and aquatic plantings, if any, be warranted to be alive, of good quality and disease free for twenty-four (24) months from the time of planting. Any replacements shall be warranted to be alive, of good quality and disease free for twenty- four (24).months from the time of planting.. Developer shall post maintenance bonds or other security acceptable to City to secure the warranties. (g) The action or inaction of City shall not constitute a waiver or amendment to the provisions of this Agreement.. To be binding; amendments or waivers shall be.in writing, signed by the parties and approved by written resolution of the City Council. City's failure to promptly take legal action. to enforce this..Agreement shall not be a waiver or release. (h) This Agreement shall be binding upon the parties, their heirs, successors or assigns., as the case. may be. All terms and conditions contained herein shall run With the land and shall bind the Developer, its successors and assigns. (i) Developer may obtain. one (1) building permit for a model homes to be constructed within a lot to be determined:in the Villa plat prior to the completion of the 13 required improvements; However, Developer. acknowledges. that City will not issue a certificate of occupancy for this structure until after the. first lift of asphalt is installed on the street surfaces and other improvements have been substantially completed and approved by the City. {j) Developer shall construct a monument for the.entrance into the:Villas. (k) Developer understands that the wetlands shall be maintained accordingly by the Homeowner's Association for the life. of the wetlands,.Developer also understands that the wetlands shall be maintained by Developer for a period of five.(5) years after final approval. (l} Developer shall complete all the obligations of the zonirig certificate issued by the City on April 17, which shall include.conditional use permit as modified (attached as Exhibit E),_ (m) The City of Gent Lake and the City of Vadnais Heights shall enter into a water agreement to service the Villas. (n) A Homeowner's Association shall be established along with a written declaration to be approved by the City. The declaration shall include authorization for the cityto enforce the provisions if the association fails to do so, The City shall require reimbursement for costs of enforcement including, but not limited to, attorney fees. The, declarationmay not be amended without City approvab:.which approval shall not be. unreasonably withheld. (o) Developer shall have a right to construct one (1) residential unit for purposes of display prior to completion of all utilities and roads. (p) The Homeowner's Association shall provide documentation for the ongoing maintenance of any storm water facilities not within. public right-of-way, The documentation shall include authorization for the City to enforce the provisions if the association fails to do so. The City shall require reimbursement for costs of enforcement including,: but not limited to, attorney fees.. (q) The Homeowner's Association shall be responsible for an irrigation system to the homes. Additional responsibility includes maintenance, winter blowouts, and general standards of repair, The Homeowner's Association. shall have a meter for purposes of usage and billing which shall be read by the City of Gern. Lake. Water usage for hTigation shall be billed by the. City of Gem Lake to the Homeowner's Association. The irrigation and water usage will Ise subject to the rules and regulations established by the City of Vadnais Heights. (r) Developer shall complete all the requirements for issuance. of final Plat and the requirements for the conditional use/zoning certificate. 14 (s) Developer understands that the construction hours with the city of Gera Lake are Monday Saturday, 7:00 A.M.-7:00 P.M. (t) Required notices to Developer shall be in waiting and shall be either hand delivered or mailed by certified mail to the following. address; Landmark of Anoka; LLC. 13432 Hanson Blvd. NW Andover, MN 55304 (u) Required notices to the City shall be in writing and shall be either. hand delivered or mailed by certified mail, in care of the city administrator, to the following address; City of Gem Lake 4200 Otter Lake Road Gem Lake, MN 55110 ARTICLE V Additional Develoner Obligations Section 5,1. Homeowner's Association. A homeowner's association shall be established along with a written declaration to be approved by the City.. The declaration shall include authorization for the city to enforce the provisions if the association fails to do so. The City:shall require reimbursement for costs of enforcement including, but not limited to, attorney fees. The declaration may not be arnended without City approval, which approval shall not be unreasonably withheld. Section 5..2, Storm_Sewer/Rond Maintenance. Storm water ponds shall be. maintained by the developer until the project in complete (all homes finished) at which time the City of Geri Lake Will take over maintenance, Wetland. creation areas shall. be maintained by the developer until .established and turned over. to the homeowner's association for maintenance upon establishment of the wetiand and vegetation. Developer to submit a maintenance agreement and Maintenance Plan for all storm water facilities and wetland,mitigation areas, ARTICLE VZ Performance Guarantees Section 6.l . - Developer's Improvements. r1he. Developer will fully and faithfully comply with all terms and conditions of any and all contracts entered into by the Developer for the installation. and construction of all Developer's Improvements identified in Parts. A and B of Article IV. Developer guarantees workmanship and materials,: 15 Section 6,2. O Maintained Ini rov rents. Upon the City.s written final acceptance of the City maintained. -improvements lying within the public easements or right-of-way, to occur upon acceptance of such improvements, a two-year warranty bond shall be provided to the City by the Developer based on 251/6 of the final constriction costs for Developer's Improvements. identified in Part B of Article IV finless otherwise directed by the City Engineer. ARTICLE VII Recording And Release The Developer agrees that the terms of this Agreement shall be a covenant on any and all _property included in the Subdivision. The Developer agrees that the City shall have the right to record a copy ofi this Agreement with the Ramsey County Recorder to give notice to future purchasers and owners: This shall be recorded against the Property and Subdivision. described on Page I. hereof. ARTICLE VIII Reimbursement Of Costs The Developer agrees to fully reimburse the City for all costs incurred by the City in connection with this Agreement including, but not limited to, the: actual costs of preparation of the. plans and specifications for said improvements, engineering fees,. legal fees, inspection fees, interest costs, costs of acquisition of necessary easements, if any, and :any other costs incurred by the City relating to this Agreement and the. installation of the aforementioned improvements: Furthermore,. the Developer agrees to deposit with the City such sums reasonably.required by the. City and relating to the costs.described.in the preceding paragraph, The amounts of such deposits :shall be as shown in the. City Feb Schedule as adopted by City Code. Said amount shall bear no interest. and.the City shall have the right to pay all fees and expenses and costs which are. the obligations of the.Developer under this Agreement from the aforementioned escrow deposit. Any monies remaining. after the payment of said fees and costs shall be returned to the Developer. Any disputes regarding said fees shall be resolved in accordance with Minnesota Statutes §§ 462,353 and.462:361. All reimbursements from. the City to Developer as set forth in this Agreement shall be made administratively, when possible; so that Developer will. not be.required to seek further City Council. approval for such reimbursements, ARTICLE IX Buildinz Permits And Certificates Of Occupancy No Certificate of Occupancy permit shall he issued for any housein the plat until the.following have. been completed: A. An .as -built plan of the development and a letter .from the .Developer's engineer certifying the plat has been graded according to the ggrading, drainage and erosion 16 control plan as approved by the City. ;The Developer will notify the City a minimum of two (2) weeks prior to any Certificate of Occupancy permit boing requested. B. The first lift of street asphalt surface, sanitary sewer; stonn sewer and water has been constructed; considered operational, and approved by the City Engineer.. The Developer will notify the City a minimum of two (2) weeks prior to any Certificate of Occupancy.permit being requested to allow adequate time'for an inspection to be completed of all the: required improvements. The Developer. further agrees that. it. will not causeto be occupied, any premises constructed upon. the plat or Any.property within the plat until the completion of the gas; electric, telephone, cable television (if available), streets to asphalt surface, sanitary sewer, storm sewer, and water,. unless the City has agreed. in writing to waive. this requirement as to a specific premise. Seeding and sodding of the .lot shall be completed .prior to a certificate of occupancy. In the event a lot is not seeded or sodded and does. not have 4 inches of black dirt spread prior to issuance of a Certificate of Occupancy, the builder of a house constructed upon a lot shall post a $2,000 cash escrow for each lot that is not seeded or sodded, to assure that the lot will have.black. dirt and. lawn established within six months. Escrowing prior to issuance of the Certificate of Occupancy shall also be required for all other incomplete items. The City Building Official may issue a stop work order for any violations relating to silt fencing, erosion control or tree protection, ARTICLE R Cleanu Developer shall promptly clean dirk and debris from streets that has resulted from construction by the Developer, its agents or assigns. Performance shall: be guaranteed by the Performance Guarantee recited herein. City reserves the right to perform such work as necessary and will invoice, All costs to Developer if not completed within the timefraane set by the City, its agents or assigns, in a written notice. The. Developer shall be responsible for rubbish and/or construction debris blown. off the Property, ARTICLE XI Onershin Of Imornyements Upon completion of the work and constructionrequired by this Agreement and acceptance by the City, the unprovements lying within the public right-of-way or easements. shall become City property without further notice or action. The Developer shall schedule City inspections through the City Engineering Department a minimum of forty-eight (48) hours prior to constructing City maintained improvements within the public right-of-way or easements. 17 Prior to acceptance by the City of the City maintained improvements lying within the public fight -of -way or easements, the Developer shall provide evidence try sworn construction statement that all contractors who may be.entitied to file mechanics liens. have been paid. ARTICLE xII Prohibitions Against Assigment`And Transfer; Indemnification Section 12.1. Release and Indemnification Covenants. (a) Tile Developer releases from and :covenants and .agrees that the City, and the governing body members, officers, agents; servants and employees thereof shall not be liable for, and agrees to indemnify and hold harmless the City and the governing body members, officers, agents, servants. and employees thereof, against anyloss or damage to property or any injury to or death of any person occurring at or about or resulting. from MY. defect in the Improvements or Developer's Improvements. (b) Except for any willful misrepresentation or any negligent, millful or wanton misconduct of the fallowing named parties, the Developer agrees to protect and defend the City, and the governing body members, officers, agents, servants and employees thereof, now and forever, and further agrees to hold the aforesaid harmless:from any claim, demand,. suit, action or other proceeding whatsoever by any person or entity whatsoever arising or. purportedly arising from. this.Agreement, or the transactions. contemplated hereby or the acquisition, construction, installation, ownership, and operation of the Improvements or Developer's Improvements and provided that such proceeding is based upon the acts of the Developer or of others acting on behalf or under the direction or control of the Developer. (c) The City, and the governing body members, officers; agents, servants and employees thereof shall not be liable for any damage or injury to the persons or property of the Developer, or its officers, agents, servants or employees or any other person who may be about the Property due to. any act of negligence of any person, excluding the negligent acts or misconduct of the City; its agents or employees. (d) All covenants, stipulations, promises; agreements and obligations of the City contained herein. shall be deemed to be the covenants, stipulations, promises, agreements and obligations of the City and not of any. governing body member, officer, agent, servant or employee of the City in the individual capacity thereof... .ARTICLE XM Insurance Section 13.1. Insurance. Developer and/or all its subcontractors shall take out and maintain during and until two (2) years after the City has accepted the improvements (streets, 18 trails/sidewalks & utilities) that were installed by the. Developer identified in Part B of Article IV lying within the public right-of-way or easements, the fallowing insurance: (a) Builder's risk insurance, written on the so-called "Builder's Risk - Completed Value. Basis," in an amount equal to one hundred percent (100%) of the insurable value of the Improvements at the date of completion, and with coverage available in nonreporting form on the so called "all risk" form of policy; and The policies of insurance required pursuant to clauses (a) and (b) above shall be in farm and. content satisfactory to the City and shall be placed with financially sound and. reputable insurers licensed to transact business in the State. The policies of insurance shall name the City as an additional insured on the policy, and the Developer or all its subcontractors shall file with the City a certificate evidencing coverage prior to any construction by the Developer or its subcontractors. The certificate shall contain an agreement of the insurer to give not. less than thirty (30) days advance written notice to the City and the Developer in the event of cancellation of such. policy or change affecting the coverage thereunder. The certificate may not contain. any disclaimer far failure to give the required notice. ARTICLE XIV Events of Default Section 14.1. Events of Default Defined. The term. "Event of Default" shall mean, ^ whenever it.is used in this Agreement (unless the context.otherwise provides), any failure by the Developer to substantially observe or perform any material covenant, condition, obligation or agreement on its part to be observed or performed under this Agreement. Section 14.2. Remedies on Default. Whenever any Event ofDefault referred to: in this Agreement occurs, the City may take any one or more of the following actions after provision of thirty (30) days' written notice to the Developer by the City of the Event of Default, but only if the Event of Default has not been cured within said thirty (30) days or, if the Event of Default cannot be cured within thirty (34) days, the. Developer does not provide assurances to the City reasonably satisfactory to the City that the Event of Default will be cured as soon as reasonably possible: (a) Withhold the Certificate of Completion. (b) Refuse to issue building permits to any property within the plat until such time as such default has been inspected and corrected to the satisfaction of the City. (c) Perform. the. work of the Developer and the Developer shall promptly reimburse the City for any expense incurred by the. City within thirty (30) days. Failure to do so shall result in. the City withholding any cash deposit, certified check, letter of credit, or any other form of Performance Guarantee of the Developer. 1.9 (d) If the plat is a phase of a multi -phase preliminary plat; the City may refuse to approve final plats. of subsequent phases if the Developer has breached this:Agreement and the breach has not been remedied, (e) Take whatever action; including. legal or administrative action, which may appear necessary or desirable to the City to enforce performance and observance of any obligation, agreement, or covenant of the Developer under this Agreement and shall be entitled to collect any and all expenses incurred by the City in connection therewith, including, but not limited to, engineering, legal, planning and litigation costs and expense. Section 14.3. NOR Exclusive_ No remedy herein conferred upon or reserved to the City is intended to be exclusive of any other available remedy or remedies, but each and every such remedy shall be cumulative and shall be in addition.to every other remedy given under this Agreement or now or hereafter existing at law or in equity or by statute. No. delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall. be construed to be a waiver thereof, but any such: right or power may be exercised from time to time and as often as. may be deemed expedient. Section 14.4, No Additional Waiverim Tied b One Waiver. In the event.any agreement should be breached.. by Developer and thereafter waived by the City, .such waiver shall be limited to the particular breach so waived. and shall not be deemed to waive any other concurrent, previous or subsequent breach hereunder, ARTICLE XV .Additional Provisions Section 15.1, Incorporation by Reference. All. City approved plans, special provisions, proposals, specifications and contracts for the improvements. furnished and let pursuant to this Agreement shall be and hereby are made a pari of this Agreement by reference as if fully set out Herein. Section 15,2. Notices and Demands: Except .as otherwise expressly provided in this Agreement, a notice,. demand or other communication under the Agreement by either party to the other shall be sufficiently given or delivered. if it is 'dispatched by registered. or certif ed mail, postage prepaid,xetum receipt requested; or delivered personally to the addresses hereiribefore set forth on Page 1, or at such other address with respect to either such Party as. that Party may, from time to time, designate in writing and forward to the other as provided in this Section. Section.15.3. Titles of Articles and Sections, Any titles of the several parts, Articles and Sections of this Agreement are inserted for convenience of reference only and shall be disregarded in construing or interpreting any of its provisions. Section.15.4. Validity. If any portion,: section, subsection, sentence; clause, paragraph.or phrase in this Agreement is for any reason held.to be invalid by a court of competent jurisdiction, such decision shall not affect or void. any of the other provisions of this Agreement. 20 Section 15.5. Clerical Revisions. a the event that any technical or. clerical revisions are needed in this document or if for any reason the County Recorder deems this Agreement un- recordable, the Developer shall cooperate with the City in the execution or amendment of any revised development agreement. Section 15.6. Binding Effect, The terms and provisions hereof shall be binding upon and inure to the.benefit ofthe heirs; representatives, successors and assigns of the parties hereto and shall be binding upon all future owners of all or any part ofthe Subdivision and shall be deemed covenants running with the land. Notwithstanding the foregoing; individual homeowners shall.not be obligated to perfonn Developer's obligations hereunder. Section 15.7, Counterparts. This Agreement may be executed in. any number of counterparts, each of which. shall constitute one and the same instrument. Section 15..8. Law Geyeming. This . Agreement will be governed and. construed. in accordance with the laws ofthe State of Minnesota. Section 15.9. Time of Performance. The Developer shall install all required improvements in accordance. with the timetables set forth in this Development Agreement. The Developer: may, however, request in writing .an extension of time from the City. If an extension is granted, it shall be conditioned upon updating the security posted by the Developer to reflect cost increases; if any, and the extended completion date. IN WITNESS WHEREOF, the City has caused this Agreement to be duly executed in its name and behalf and the Developerhas caused this Agreement to be duly executed in its name acid behalf on or as ofthe date first above written. LANDMARK OF ANOK.A, LLC By: Its: 13r Its: 21. STATE OF MINNESOTA ) ) SS. COUNTY OF RAMSEY } On this day of _ , 2018, before me; a Notary Public within and for said County, personally appeared and , to me known to be the and of Landmark of Anoka LLC, a Minnesota Limited Liability Company; and who executed the foregoing instrument and acknowledged that they executed the same on behalf of said. company.. Notary Public CITY OF GEM LAKE By. Robert Uzpen, Mayor ATTEST; By City Clerk STATE OF MINNESOTA ) ) SS. COUNTY OF RAMSEY ) On 'this day of , .2018, before rime, a Notary Public. within.and for said County, personally appeared Robert Uzpen. and , tome known to be respectively the Mayor and City Clerk of the City of Gem Lake; and who .executed the foregoing:instroment. and acknowledged that they executed the -same on behalf of said City. Notary Public EXHMIT A. LEGAL DESCRIPTTON 23 PROJECT: VILLAS OF GEM LAKE LOCATION: GEM IAKE,.MINNESOTA PREPARED FOR: LANDMARK OF GEM TAKE, ILC PREPAR Ed BY: SATH RE-GER GQUI 51; INC. DATE, APRIL 10, 2018 SUBJECT: PART AA BAND REIMBURSEMENTS OF THE DEVELOPERS AGREEMENT PART A. I, Site Grading 2, Iron Monuments: 3; Storm Sewer & Street.lmrpovements: 4, Erosion Control/Street Sweeping/Tree Protection; S. Sodding of Blvds: 6. Landscaping Improvements; 7. Other: Sub Total Part A: Estimated Legal, Engineering, Admin, Indirect Costs (5%l: Security RequlrenItnt-Part A (125%): Total Part -A: Part B: 1, Sanitary Sewer & Watermaln: 2, Trails Sub Total Part B: Estlmated Legal, Engineering, Atlmin, Indirect Costs (5%)- Securlty.Requlrement - Part B (125%), Total Part B: Estimated Cost $260;000.00 $3,000.00 $325,000.00 $2,500,00 $2,500.00 $12,000.00 0;00 $605,000,00. $A25moo $151,25D.DU $786;500,00 $333;100,00 $1.5,000.99 $348,100:00. W,405:00 $87,Q25.OE3 $452,530,06 Total for PartA&B: $1,239,036.60 EstlibW Comeletion Rate June 22� 2018 November 15, 2018 August 3, 2018 September.7; 2618 October 26, 2018 August 3, 2018 September 7, 2018 Conditional Use Permit Requirements The Villas of Gem Lake 1: The following shall. be incorporated hereby by reference: EXHIBIT • Preliminary Plat Plan dated 1/10/18,.Sheet'I of 1 :E Land. Title Survey dated 11.113/15, Sheet 1 • Title Sheet dated 10115117, Sheet 1 of 17 modified 316118 • Final Street Plan dated 10/13117, Sheet 2 of 17 modified 316/18 Final Street Plan dated. 10/13117, Sheet. a of 17 modified 315118 Final Sewer & Watermain Plan dated 10/13/17, Sheet 5 of 17 modified 316/18. ■ Final Sewer & Watermaln Plan dated 10/13/17, Sheet 6 of 17 modified 316118. ■ Final Sewer & Watermaln Plan dated 10/13/17, Sheet 6 of 17 modified 318118 • Final Storm Sewer Plan dated 10/13/17, Sheet 7 of 16, Sheet 1.0 of 17 modified 316118 • Final Storm Sewer Plan dated 10113117, Sheet 8 of 16, Sheet 8 of 1 T modified 316118 • final .Storm Sewer Plan dated 10113117, Sheet 9 of 16., Sheet 9.of 17 modified 31G118 • Final Grading Plan dated 10/13117, Sheet 11 of 17,. Sheet 1.0 of 17 modified 316118 • Final Grading Plan dated 10/13117; Sheet 12 of 17 modified 316118 a Final Erosion Control Plan dated 1 Q/13/17, Sheet 13 of 17 modified 316/ 18 4 City. Details Plan dated 10/13117, Sheet 14 of 17 • City Details Plan .dated 10/13/17, Sheet 15 of 17 •' City Details Plan dated 10/13/11, Sheet 16 of 17 ■ City Details Plan dated 10/13/17, Sheet 17 of 1.7 • Landscaping Plans dated 1/20/18, Sheets L1 & L2 ■ Seeding Plan dated 2120118, Sheet L3 • Outlot Seeding Plan modified 316118 2. Approval of a permit from. Ramsey County to access County Road .E, and all Ramsey County. requirements shall be met. ■ The new roadway shall.. provide for a. tangent section on a new street intersecting a. County road at 90 degrees. 4 Include signing Information that includes RI-1, 30x30 "Stop" sign at the new road. A R.3-7R, 36x26 "Right Lane Must Turn Right" sign should be installed and the end of the right turn lane taper. • Striping on County Road E will need to be water blasted and restriped for work occurring in County Road E.. • The section for the right turn lane on Sheets 2 and 4 should be updated to 2.0" SPWE6440E wear course, 2.0" SPWEB440E, wear course, 3.0" SPNWB430B non -wear course. Ramsey County is planning a mill and overlay for this section of County Road E doling the summer of 2018, Work.should be coordinated with the Gounty, 3. Approval from MPCA for a stormwater permit and a sewer extension permit. 4. Approval of a service contract between the City of Gem Lake and Vadnais:.Heights for water and sewer connections into the Vadnais Heights water and sewer � systems. 5. The developer shall. submit a monument sign plan for City approval. 6.. Approvals from the RWMWD for a Wetland Permit. 7. The developer shall maintain all drainage areas for 5 years,: and complete the reporting. to RWMWD. 8. The developer shall drafta wetland monitoring plan which shall provide for yearly RWMWD reporting. 9. Landscaping buffers shall be. established on the north and west side of the properties as shown on the Landscaping Plan dated 112011.8.. 10. The historic horse jump at the northeast corner of the property shall be retained. The historic horse. jump on the west side of the property within the:30' buffer shall be retained. 11. Gem Lake shall be copied on all wetland monitoring reports submitted to RWMWD. 12. The developer/homeowners association shall .maintain the newly created wetland areas within the development and repair as necessary. 13. The developer shall not use Daniels Farm Road for access to: the Villas at any time. Access to the site for grading and development purposes is. directly across from English Street as shown on the development plans. 1.4. The developer shall provide copies of all governmental agency permits received to the City of Gem Lake. 15. stormwater ponds shall be. maintained by the developer until the project is complete tall homes finished) at which time the City of Gem Lake will take over maintenance. Wetland creation areas shall be maintained by the developer until established and tamed over to the homeowners association for maintenance upon establishment of the wetland and vegetation. Developer to. submit. a maintenance agreement and Maintenance Plan for all stormwater facilities and wetland mitigation areas. 16. The stormwater .Management Plan dated 2120118 modified 316/ 18 is adopted by reference. 2 r 17, No street lights shall be installed within the Villas of Gem Lake. development. 18. All homeowners association documents shall be reviewed by the Clty Attorney prior to adoption; 19. The Final Plat shall show a street name. 20, The developer shall deed. 'Outlot A to the City of Gem Lake for trail and parks, drainage and. utility purposes and to create a future public: right-of-way between the roadway in the development and Daniels Farm Road, if required by the. City of Gem Lake. The future right-of-way if required, shall be located at the northeast comer of Outlot A as :shown on. the plans. 2'l . All requirements ,of the City Engineer shall be met. 22. Approval is subject to execution of a Developers Agreement between the developer and the City of 'Gem Lake. 23. The developer shall work with the Daniels Farm Homeowners Association to give up their (the developers rights) to use Daniels. Farm Road, 24. The Enclave (Villa's) at Gem Lake Development Stormwater Management operatlon.and Maintenance Plan is adopted by reference (attached): 25. The Wetland/Outlot Operation & Maintenance Manual & Replacement AreafWetland Monitoring Plan is adopted by reference (attached). 26. The Sathre-Berguist, Inc. responses to the Conditional Use Permit requirements for the. Villas of Gem Lake dated March B, 2018, is adopted by reference (attached). 27. Grading may begin on the property upon execution of a Developer's Agreement with the Clty of Gem Lake. 28.. All requirements of State and Federal laws and City ordinances shall be compiled With. TR1psw b:vi1 EasGU Pre.qu I rements 3 City of Gem Lake, MN Resolution No. 2018 —14 A RESOLUTION RE -APPROVING the: Landmark Developers Agreement WHEREAS, The City of Gem. Lake approved the Developers Agreement at the April City Council Meeting, WHEREAS; additions were made after the meeting,: WHEREAS,: that the Landmark Developers agreement. added, ■ Wording for the HOA and irrigation system, WHEREAS, the motion for the adoption of the foregoing resolution was proposed by Councilmember -- and was duly seconded by Councilmember --- and upon vote being taken thereon, the resolution passed with a vote.of - votes in favor of the resolution and against. NOW, THEREFORE; BE IT RESOLVED,. said resolution was. declared. and duly passed and adopted by the City Council of the City of Gem Lake on May 15, 2018. ATTEST I, Ton Leonhardt, the duly qualified City Clerk of the City of Gem. Lake, County of Ramsey, State of Minnesota, do hereby certify that the foregoing resolution is. a true and accurate representation of action taken by the City Council of the City of Gem Lake an the. date first written. Tori Leonhardt, City Clerk Date City of Genf Lake, MN Resolution No. 2018 =17 A RESOLUTION AUTHORIZING THE CITY TREASURER TO DISTRIBUTE A PORTION OF THE GAMBLING FUNDS TO WHITE BEAR LAKE FOOD BAND FOR THE CHILDRENS SUMMER FOOD PROGRAM WHEREAS, The City of Gem Lake participates in. the distribution: of gambling funds from the Country Lounge, WHEREAS, The City of Gem Lake distributes these funds to Local schools and charities, WHEREAS, that.the City Treasurer is authorized to send to White Bear Lake Food Shelf the amount of $1500.00 for the City of Gem Lake's contribution for the year to be used for the children's summer food program. NOW, THEREFORE, BET IT RESOLVED, the above resolution was. adopted at the May 15'' at the regular City Council Meeting for the City of Gem Lake, Ramsey County Minnesota, made by Council Member xxxx and seconded by Council Member xxxx. ATTEST I, Tori Leonhardt, the drily qualified City Clerk of the City of Gem Lake, County of Ramsey, State of Minnesota, do hereby certify that the foregoing resolution is a. true and. accurate representation of action taken by the City Council of the City of Gem Lake on. the date first written. Tori Leonhardt,. City Clerk Date .ft EHLERS LEADERS IN PUBLIC FINANCE May 15, 2018. Pre -Sale Report for City of Gem Lake, Minnesota $66.5,000 General obligation Improvement Bonds, Series 201 8A Prepared by: Todd Hagen, CIPMA VP/Senior Municipal Advisor Rebecca Kurtz, C[PMA VP/Senior Municipal. Advisor And Chris Mickelson, Financial. Specialist 1-800 552-11 i1 .I www.61110'J-ho.com Executive Summary of Proposed Debt Proposed Issue: $555,000 General Obligation Improvement Bonus, Ser..ies 2018A Purpose: To finance the construction of the 2018:Scheuneman Road . Reconstruction Project. in the City. nebt service will be. paid from special assessments and property taxes to be cancelled each year with . available sewer revenues and any future water revenues. Authority: The Bonds.arebeing issued pursuant to Minnesota Statutes, Chapters: • 429 (special assessment pledge) • 475 (general bondirig.authoriry) Because. the City is assessing .at least. 20% of the project costs, the Bonds can be a general obligation without :a..referendum and will notcount against the City'.s debt limit. The -Bonds will be .general .obligations of the. City for which its fult faith, credit and taxing powers are pledged, Term/Call Feature: The Bonds are behig issued for a 156year term: Principal on the. Bonds will be due on February 1 in the years 2020 through 2034. Interest is .payable. every six months. beginning February 1, 2019. A portion of the bond proceeds will be used to make the.February 1-2..0.19.interest payment. The Bonds maturing on and after. February 1, 2028 will be subject to prepayment at the discretion: of the. City on February 1., 2027 or any date. thereafter. Bank Qualification: Because the City. is expecting to issue no more than $10,000,000 in tax exempt debt during the.calendar year, the City will .be able to designate the Bonds as. "bank qualified" obligations. Bank. qualified status broadens the market for the Bands, which can. result in lower interest rates. Rating: The City is seeking state credit enhancement;.:as described below,. which will provide :the. Bonds. with the same rating:as.the State of Minnesota's bonds. If the winning bidder on. the Bonds elects to purchase bond. insurance, the rating for the issue .may be higher than the City's bond: rating in the event that the bond ratingof the insurer is higher than that of the City. State Credit Enhancement: City bond issues for water, sanitary sewer and. storm water facilities are now authorized: to .receive credit enhancement from the State. Under :current bond ratings, the: state. credit.. enhancement would bring a .Standard & Poor's "AA+" rating or a Moody's "Aa2" because the .State guarantees the debt service Presale Report May 15, 2018 City of Gem Lake, Minnesota Page 1 payments on the Bonds. Currently, state credit enhancement provides a significant interest cost savings, to lower or non -rated cities/counties. To qualify for the credit enhancement; a City must. submit -an -application and $50.0 fee to the State, There will also. be a credit rating ,fee that. is lower than the standard fee to either rating agency. .Ehlers will take care of the application to the State on your behalf. Basis for Recommendation; Based ,on our knowledge of your situation, your objectives communicated to. us, our advisory relationship. as well as characteristics of various municipal financing options, we are recommending the: issuance of general obligation improvement bonds as a suitable financing option for the following reasons: ■ The. City's policy and past practice has. been to finance municipal projects like this with this type of debt issue. • This. is a cost-effective option among the limited other options available to finance this type of project. ■ General. obligation bonds with the State Credit Enhancement provides the lowest possible interest cost. Method of Sale.IPla.cement: In -order -to obtain the Iowest interest cost. to the City.; we. will competitively bid the.purchase of the Bonds from local and national underwriters/banks. We have: included an allowance for discount bidding equal to 1.30%Q of.the principal amount. of the issue. The discount is. treated as.. an interest item and provides the underwriter with all or a portion of their compensation in the. transaction. Ifthe.Bonds are purchased at a. price greater than the minimum bid amount (maximum discount), the unused allowance may be used to lower your borrowing amount:. Premium Bids: Under current market conditions, most. investors in Municipal bonds prefer "premium" pricing structures. A premium is achieved when. the coupon for any maturity (the interest rate paid by the issuer) exceeds the yield to the investor, resulting in a price paid :that is :greater than the face value of the.bonds. The.sum o£the..amounts paid in -excess -of face. value is considered reoffering. premium." For this issue. of Bonds we have been directed to use the premium to reduce the. size of the issue. The adjustments may slightly change the true interest cost of tho.original bid, either up or down. Review of Existing Debt: We have reviewed .all outstanding indebtedness for the City and find that there are no refunding opportunities at .this -time. We will continue to monitor the market and the call dates for the City's outstanding debt. and will alert.you to any future. refunding opportunities. Continuing Disclosure: Because the amount of the Bonds to be issued is less than $1,000,000, this. issue could be exempt from the Continuing Disclosure. requirements of the. Securities and: Exchange Commission (SEC); however; some underwriters require limited disclosure as one of the parameters for bidding, we recommend that the City provide for the limited disclosure by agreeing to provide its Presale. Repot May 15, 2018 City of Gem Lake; Minnesota Page 2 Audited Financial Statements annually as well as providing notices of the occurrence of certain:. reportable events to the Municipal Securities Rulemaking Board (the "MSRB"). The City will now be obligated to provide. such %reports, and may: do this on their own or contract with Ehlers to prepare and file the reports. Arbitrage Monitoring: Because the Bonds are tax-exempt securities/tax credit securities, the City must ensure. compliance with certain Internal Revenue. Service .(IRS) rules throughout the life.of the.issue. These rules apply to all gross ,proceeds of the issue, including initial bond.proceeds and investment earnings in construction, escrow, debt service, and any reserve :funds, How issuers spend bond proceeds and. how :they track 'interest earnings on :funds :(arbitragelyield restriction compliance).are common subjects of IRS 'inquiries. Your .specific responsibilities will be detailed in the Tax Certificate prepared by your Bond Attorney and provided at closing. We recommend that you.. regularly monitor compliance with these rules and/or retain the services. of a qualified firm. to assist. you. Risk Factors,: Special Assessments: We have not assumed:any pre -paid. special assessments and we have assumed that assessments are levied as projected. If the City receives a significant amount of pre -paid assessments or does not levy the assessments, it.may need to increase the levy portion of the debt service to make up for lower interest earnings than the expected assessment. interest rate. GO Pledge: Because the Bands will be general obligations of the City for which its frill faith, credit and taxing powers arepledged,. if .the annual tax. levy collected is not sufficient to pay the debt service payments, other City funds will need to be used. Other Service Providers: This debt issuance will require the engagement of other public finance service providers. This section identifies those other service providers.,. so Ehlers can coordinatetheir engagement on your behalf. Where.you..have previously used. a particular firm to provide a service, we have. assumed that: you will continue that relationship. For. services you .have .not previously required, we. have identified a service provider. Fees. charged by these service providers will be. paid from proceeds of the obligation, unless you notify us that you wish to pay them from other sources.. Our pre -sate bond sizing includes a good -faith estimate of these fees, so their final fees may vary. If you have any questions pertaining to the identified service providers or their role, or if you would like to use a different service provider for.any of the listed. services please contact US. Bond Attorney: Kennedy & Graven Paying Agent:. Bond Trust Services. Rating Agency: Standard & .Door's Investment Earnings: In -order -to more efficiently segregate funds for this project and maximize interest earnings we ,recommend using either your local banks or Ehlers Presale Report May 15, 2Q18 City of Gem Lake, Minnesota Page 3 Investment Partners,. a. subsidiary of Ehlers, to assist with the investment of bond proceeds until they are needed to pay project costs. Summary: The decisions to be made by the Council are.as,follows: a Accept or: modify the finance. assumptions described in this report. Adopt the resolution attached to this. report. This presale report summarizes our understanding of the City's objectives for the structure and terms of this financing as of this date. As additional facts became known or capital markets conditions change, we may need to. modify the structureand/or terms of this financing to achieve. results consistent with the .City's objectives. Presale Report May 15, 201:8 City of:Gem Lake, Minnesota Page 4 Proposed Debt Issuance Schedule Pre -Sale Review by City Council; May 15, 2018 Distribute Official Statement: Week of June 4,. 2018 Conference with Rating.Agency: NA -- State Credit Enhancement City Council Meeting to Award Sale of the Bonds: June 19, 2018 Estimated CIosing Date: July 153 2018 Attachments Sources and Uses of Funds Proposed Debt Service. Schedule Bond Buyer Index Resolution Authorizing Ehlers. to Proceed with Bond Sale Credit Enhancement Resolution. Ehlers Contacts Municipal. Advisors- Todd Hagen 051.) 697=8508 Rebecca.Kurtz. (651.) 697-8515 Chris.Mickelson (65.1) 697-8556 Disclosure Coordinator; Silvia Johnson (651.) 697=85,$0 Financial Analyst. Alicia Gage (651) 697-8551 The Official .Statement.fbr this financing will be mailed to. the City Council at their -home address or e-mailed for review prior to the sale dater Presale Report May 15, 2018 City of Gem Lake, Minnesota Page 5 City of Gem Lake, Minnesota $665,0.00 General obligation Improvement Bonds, Series 2018A Issue Summary Assumes Current Market BQ AA+ Credit Enhanced Rates plus 25bps Total Issue Sources And uses Dated 0.71DI 12.018 1 Delivered 07/0112018 Revenue Improvement Portion Issue Portion (429) (429) Summary $ources:of Funds Par Amount of hands. $595,00.00 $70,000.00. $665,000.00 Total Sources 5595;0.00.00 $70,000.00 $665,000,00 Total ilses $595,000.00 $70,000.00 $665,00D.00 Se o4 201M G0 Imp Burds j Issue Summery i 51812Q18 i %06 AM EHLERS LEAOERS.MN PUBLIC FINANCE City of Gem Lake, Minnesota $665,000 General 0bIigation .[mprovement Bonds, Series 2018A Issue Summary Assumes Current Market BQ AA+ Credit Enhanced Rates plus 25bps Debt Service Schedule Net New Date Prin6l al Coupon Interest Total :P+I CIF D1S Flscal Total 07/01/2018 - - - 02/01120.19 - 1lit 89.33 1I,188.33. (11,188:33) - - 08/01/2019 - - 9,590.00 9;590.00 - 9,590,00 - 02101/2020 35,000.00 2:050% 9,590,00 44,590100: - 44;590.00 54,180.00 08101/2620 - 9,231.25 9,23.1.25 - 9,231.25 02/01l2021 40,000.00 2.200% 9,231.25. 4.9,231,25 - 49,231.25 5846250 08/01/2021 - 81791..25 8,79145 - 8,791+25 02/01/2022 40,000.00 2,3509/. 8,791:25 48;79i.2S - 48,791.25 57,582.50 08101/2022 - - 4,321.25 8;321.25 8,321:25 - 02/01/2023 40,000.00 2.450% 8,321,25 49.321,25 - 48,32i.25 56,642.50 08/01/2023 - 7.831.25 7,931.25 - 71831.25 - 02M/2024 .40,000,00 2.550°% 7,831.25 47,831,25 - 47,83.1:25 55,662.50 08/01/2024 - - 7,321;25 7,321,25. - 71321.25 - 02/01/2025 40,000.0.D 2;65T/0 7,321.25 47,321.25 47,321.25 54;642,50 09/01/2925 - 6,7.91.25. 6,791:25 6,791.25 - 02/61/2026 45,000.DD 2,730% 6,79115 51,791,25 51391:25 58,532.50 08MI/2026. - - 61172.56.. 6,172,50 - 6,172.50 - 02/0112027 45,000.00 21850°/u 6,172,50 51072.50 - 51,172.50 51,145,00 D81D112027 - - 5,53125 5,531.25 - 5;53I.25 - 02/01/2028 45,000,00 2.950% 5;531:25 50,531.25 50,531.25 56,0062.50 09/01/2028 - - 4;867,50 4.867,50 - 4,867,50 02/01/2029 45,000.40 3.050% .4,867:50 49,867.50 - 49.867.50 54,735.00. 08/01/2029 - 4,181.25 4,181:25. - 4,181,25 - 02/01/2030 4.SA D 3.200% 4,18.1.25 49.191.25. 49,181,25 53,362:50 08/01/2030 - 3,461.25 3;461.25. 3,461.25 - 02/0ll2031 50,000,00 3.300% 3,461,25. 53,461.25 - 53,461.25 56,922.50 09/01/2031 - - 2,636.25 2,636.25 - 2,636.25 - 02/01/2032 50,000.00 3.356% 2,636.25 52,636.25 - 52,636.25 55,272.50 08/01/2032 - - 1,798.75 1.798.75 - 1,798,75 - 0210I72033 56,a00,00 3.4007o 1;798,75 51,798,75 51,798.75 53,597.50 08/01/2033 - - 949.75 949,75 - 94815 - 0?10112034 55,090,00 3.450% 948,75. 5.5,949+75 - 55,949,75. 56,897.50 iota] ,5665;000.00. - $186,138.33 $85%1303. (11,188.33) $939,950.0D - Significant dates Elated. _ _.».. _ _.-.. 7/01/2018 w. _... _._.--_.... 210I/2619 Yield Statistics Bond Year Dollars _.... « _.._... _ .._ .._. .. .__ $6,02192 «.. ...-... .e _....--._..._._.-... _. _..-..w_._._.._ 9.037 Y.eurs Net Interest Cast (NICE w_....,_..W . _....__.__._..w._... .W. _�_._.. __.. _ _ 12561189% True Interest Cost MC) _... �.. _. _.__..-_._....... � _. _. �~ 3,2686793% _ Bond Yield.for Ashitra8e Purposes, w__.- 3.0714340% _ _W.-_ All Inclusive Cost(AIC) _ 3.9520443% IRS Form.8038. 3.0905015% __--__._.....__...._._......._......_�.....-,..�......,.....__........_...___........-._.._...._,.r...�,.,.M 9:057 Years 18A GOTmp 9onds I Issue Summary 14JAW18 1 1 A PM EHLERS LEADERS IN PUBLICFINANCE. y Q M C CV [V'C3 N •+ RrY a . . UF.I E Ti e FE A��j! m . 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O O f'3 yy�� 4 od 00 'pp rj. �ry.� 'rV M b P7 � 1. �O a - - e n - - - (IJ fA If a ^E 9 a ^' Q. h :-.a En urn h w �n. v, n o. n R O cV ri' 't v! .D r.va v+ v ri m m Q r4 N CJ r4 'e1.N m iV M m. � m M m f _ _ qq p4 p j ! �' L] O.0 O C R.Q G C¢¢ti S E ss n..o. - M� vvv.In ��� ca uz v,.n �J ( 0. � 5 N 0 r rai nl tr' to a r� '� a o .• m. m O R y y Q p] sue+ r� i`� rv. ry hf .N cv ra rn' M m. '-' 111 hJQ [Q iA o o v a o v v v o a o.a o a.o o U. �. Q m raw 4 W 'o. -J.:x QN W J City of Gem Lake, Minnesota $595,000 General Obligation Improvement Bonds, Series 2018A improvement Portion (429) Assumes Current Market BQ AA+ Credit.Enhanced Rates plus 25bps Debt Service Schedule Net New Date Principal Coupon Merest Tots[ P+I CIF" DIS Fiscal Total 0T101W s 02/01/2019 - 1.0,00 m 10,007.08 (10,007M) - - 08l6112014 - - 8,577,50. 8,5.7.T,50 - 8;5.77,50 - 02/01/2020 35,0MOO 2.050% 8,577.50 43;577.50 - 43;577,50 52;155.00 08/01/2020 - 8,218.75 8,218.75. 8,21835 02/01/2021 35,000.00 2.200% 8;218.75 43,218.75 - 43,218.75 51,437.50 08/0112021 - - 7,833,75.. 7,833.75 7,83335 - 02/0112022 352000.00 2.35Q% 7,833.75 42;83335 - 42,833.75 50 667.50: 09/01/2022 - - 7,422.50 7,422:50 - 7.422;50 - 02/01/2023 35;000.06 2,450% 7.422.50 42,421.50 - 42,422.50 49,8.45,00 09/0112023 -. 6,993.75 6,993.75 - 6,99.3,75 - 02J0112024 35,000.00 2.550%. 6,993.75 41,99175 - 41;993.75 48,01.50 08/01/2024 - 6,547.50 6,547.50 - 6,547.5.0 - 02/61/2025 35,000.00 2.650% 6,547.50 41,5.47,50 - 41,547.50 48,095,00 08/01/2025 - m 6,083.75 6,083.75 - 6,09171 - �0210112026 40,000:00 2.7509/0 6,083,75 46,083.75 46A3.75 $2,167.50 0810112026. - 5,533,75 5,533,75 5,533.75 - 02101 12027 40,000.00 2.850% 5,533.75 45,531.75. - 45,533.75 51,067.50 02/0I/2027 - - 4,963.75 4,963;75. 4,963.75 - 02/01I2028 40,000.00 2.950%. 4,963.75 44,963,75 - 44,963.75 49,927.50 0810112028. - - 4,373.75 4,373.75 4,V17.5 - 02101/2029 40,000.00 3,050% 4,373.75: 407175 4.4,373,75 49,747.50 08/01/2029 - - 31763.75. 3,163.75 - 3;763.75 - 62IO112030 40,0000 3.200%. 3,763,75 43;763,75 - 43,763,75 47,527.50 09/61/2030: 3,123.75. 3;I23.75 - 3,123,75 - 02J0112031 45,000.00 .3:300% 3.123.75 48.123.75 - .48,123;75 51;247.50 08/0112031 - 2,381,25 21391.25 2;381:25 - 02101/2032 452000.00 3,350% 2,381.2.5 47,38.1,25 - 47,381.25 492762.50 09/01/2032 - - 1;627.50 1,627.50 1,627,50 02101/2033 ,45.000.00 3.400% 1,627.50 46,627.50 46,627.50 48,255,00 0.210IM34 .50,600,00 3.4.5No. 862.50 50,864.50 - 50,862.50. 51,725.00 Total. S595,000A0 - 5166,622.08 .5761,622m (10,007.09) W51,615M - 8IgnifIcant Dates I]ated _ _71�1I?Al8 _ _ 2/0 i/2019, Yield Statistics Bond Year. Doi tars 9.054_Years 3.0929924o/e. NetlntetestCost MC�.W_.. ...w....._._.._....... ..w_ ._�.....� wW ._� _.. _ _ 3,258660W True lnlc[estCast 3,2712961% Bond Yield for Arbitra a Purposes . W 3_07i4340% All IncIuside Gost (AIC} _ ._ m_. _ .__ _.... _ ._ .,_ �_. ._ 3.99553612% IRS Form 8038 Net Interest Cost _ _ � _ �_•� 3,00929924°/a_ Weighted Avqrage JALturitY .. _ _ _. .. - 9,054 Years 86603 mm W Imp eoi,es� � Improvemertpcnwn.(429) I 4rt=O1.8 1 1:43 PM � T EHLERS LEADERS IN P IBUC FINANCE. T. O �. M oc o; NN 'n, rl M ri ri kq a o Q. tl- :G. C� AM n �. R .n M 0.�� Q, � no vi va V1 a C3 C. N m n ti N 00 w t-. ra `i n '00 s"a .v N rn Do Do oa w. ad, a ch Qi M rn 'w h v, w r G .C7' G. 'p G P Q o G 'm 'ev v C 'tz G' O P N w w m w m ev .aa ev w otl o6 L+0 ' W w w w {� N y...0 v?? V -v v 4 7 -t�"; .�..'d7 �n wn %n vi vi 'n 'n u�. v ,n %n ,n vl v� !n yNy Q W C 3 5 kn w w kn n cn w ri w to w w W. m ".w w w w w w m Y1 w qo m ,p n' Ln N in H. N 4t'.- %d C1m � Yi 6 ri 4 vi .CK YC7 �np � Yi rLOo C9S pp+ 0, �. AND' �w•' T. vp CV �O n'1 N dr Ml rV P ? m r4 Oi .ri eS O v Ch .c2p' r kn ✓1 Y . to Vl T N Yf.. N kn W 3y 1 .o Q o (D c5 n a .0 p ClQ o' o Q pp O S. , ❑ Q to � O vi r,' t z . vi u5 p V to N r= kn r: it t�,y v] N w1 y1 Q r` rz ry to vn M .Z Cy . O 0, -00 m C-4 .+ C, in �r P E- c. tn vn In kn N. C Yl I �r V rNr 69 u: I 1 1 .p p' 1 1 t 1 1 1 I I C < cn N N W rn {� w. Q G C$ w C= O 0 p C p d 6 C C 09. ui ri rt kn r- vi r- 'Y. t,: [� i'r r- fV to � N �': o`ra a =� r� a n vNi AI L. n ry b C� C p y vQi v .n �r v n .4.' -tv n % m U y m. Q Q. Q CD O C kn to C? Q CD CD Q Q to O <n tn O Q 'Q Q' C wi to Ln C O O a7 C7 .tn. :r, b r, N t• N b 'W, N H uj.'.etl h 7 [+i M. hs w .C» od t•� b rl V p 4 g7 Ca ca c] . c Q Q c CL V1 p V1 N N] %A Y] V1 N Lm ,n Q v1 Q Y'1 t1l N (It :[•1 C`i CN rlt CV rV .n M m m m mcj . W Q se W k o o 1 C, C5 1p0 Qa, S'Q v J (� ` •V .�Q g 8 S S pp.o g v o. o v v g 9 8 8 •0 �••� i^' C' �n u'i. Yi vi Vi 4 O Q d to to Vti P m ��/U/�� !ri C.. CL z v G N' rn W O �. w .fir N N N. N N N N l i N C'.."' N M M M' M _ co [] � y� id � C .pN N nC1 N rOv. rpN.� dN �Jy -m rvOry Oryry �O�•..�� NQN Ory p k.L VC. N "0 �, Q. 4 P 4' �. aaaaaaaaaaaaaa C Q C� 4 O CS •�: O Q 4 �, r R Q O O O O O O O. d.I O 4 0 0 0 . ia —�. ❑ en Q G City of Gem Lake, Minnesota $70,000 General Obligation Improvement Bonds., Series 2.018A. Revenue Portion (429) Assumes Current Market BQ. AA+ Credit Enhanced Rates plus 25bps Debt Service Schedule Net New Date Principal Coupon Interest Total P+l CIF a15 Fiscal total 07101l202 8 - _ _ 02101l2019 - - 1,18I.25. 1,181,25 (1,18i:25} ,. 68101l2019 - I'012.50 1,012.50 - 1,0.i2:50 - 02/0112020 - - 1,012.50 1;612.50 - 1,612 50 2,02500 03/01/2020 1,012,5D I012:50 .1,012.50 _ 02/01/2021 5,000.00. 2,200% 1,0.12.50 6;012;50. - 6,012.50 7,025.00 0810112021 - 957.50 957.50 - 957.50 02/01/2022 5,000100 2350% 957.S0 .5.957.50 -. 5.057,56 69.15.00 08/0.112022 898:75 898.75 - 898.75. - 02/01/2023 5;600.00 2.450% 898,75 5,898.75 5 898 75 6,7.97.50 08101/2023 - - 837.50. 837.50 -. 837;50. 02101=24 5,600.00 2.550%: 837,50 5,837.50 5,837.50 6;675.0D .0810112024 - 773:75 77175 773.75 02/01/2025 5,000+06 2:650% 773;75 5.,7.73,75 - 5;773,75 fi 547.50 08101I2025 - 707;50 707,50 707,50 0210112D26 5.000,00 2.750.% 707.50 5,707,50 - 5,707.50 6,415.00 08/01/2026 - - 639.75 638.75 - 638,75 02/01/2027 5,600.Q0 2.850% 639.75 5,638.75 - 5,638,75. 6,277,50 08/01/2027 - - 567.50 567.50 - 56750 - 02101n028 5.000.00 .2.950% 567,30 5;567.50 5,567+50 6,135.00; Q810112028 - 493,75 493.75 - 493.75 .: 02/01/2029 5;006:00 3:050°/° 493.75 5,493.75 - 5,493.75 5,087.50 08/61/2029 - - 417.50 .417;50 - 417.50 - 02/01/2030 5,000.00 3:2Q0% 417.50 5,4.17.50 - 5.4I7.50 5,935.00 08J0112030 - 337:50 337.56 - 337.50 .02/01/2031 5,000,00 3,300% 337.50 5,337.50 - 5,337.50 51675.00 08/01/2031 - - 255,00 255,00. - 255.60 _ 02J0112032. 5,000.0.0 3.350J° 255;06 5,255.00 5,255.00 5510.00 08/61/2032 - - 171.25 1.71:25 171.25 02101/2033. 5;000:6Q 3.460°I 171.25 5.171.25 - 5,171.25 5.342.50. 08101n033 , 86;25 86,25 - 86.25 02/01/2034 000.00. 3,450% 86,25 5.086.25 - 5,086.25 5,172.50 Tota] 57Q,000.00 - SI9,Si6.ZS 589,516.25 (1,i8I:25) 58835.06 _ Significant Dates bated 710Il2018 I first_2101/2019 � Yield .Statistics Bond Year Dollars _ Awe Lice _S635.83 9.483 Years AveraECauPOn _ W _ __ _ _ M _ W .3.0693971% I�'etInterestCost [NiC} . True Interest Cost (TIC) Bond Yield for.Arbitraji Pu All Inclusfye Eost (AIC) 1R5 Form 8038 Cast1069397 GO Imp Bonds j Revnwe Portion (429) 1 41282018 1 1:43 PM EHLERS LEADERS 14 PBBUC FINAN" Ci of Gem Lake, Minnesota $70,000 General Obligation Improvement Bonds, Series 201 SA Revenue Portion (429) Assumes Current Market BQ AA+ Credit Enhanced Rates plus 25bps Debt Service Schedule Net New 165%.0f Date Principal Coupon Interest Total P+l CIF DIS Total 02/01/2019 - - 1,181.25 I;181125 (1,181.:25) 02/01/20.20 - 2,025.00 2,025m - 2,025,00 2,12625 02/01/2021 5,000,00 2,200°% 2,025.00 7,025M - 7,02100 7,376.25 02/01/2022 5,000.00 2.350°% 1,915.OQ 61915.OQ - 6,915.,00 7,260,75 02/01/2023 5,006.06 2,450°/0 1,79750 6,797,50 - 63.97.50 7.137.38 02101t2025 - --- -- 5,000.00 —•---•- 1650°% - 1;547.5.0 .6;547.5Q - p,v.f.7.vu - 5,54.7.50 I'wo,/3 6,874.88 02/01/2026 5,006.00 1750% 1141.5..00 6;415,00 - 6,415.00 61735.75 02/01/2027 5,000;00. 2$50% 1,247:50 6, 17.50 - 6.277.50 6,541.3.8 0210i72028 5,000.00 2.950% 1,135,00 6,135.00 - 6.135,00 6.441.75 02/01/2010 5,000.00 3,20OVo 835.00 .5,835.00 - 5,835:00 6,126,75 0210112031 5,000.00. 3.300"% 6.75,00. 5,675.00 - 5,675.00 5,958.75 02/01/2032 5,000.00 3,350% 510.00 5;510.00 - 5,510,04 5,78.5.50 02101033 5,000,00 .3,400% 342.5.0 5;342;50 5,342.50 5;(509,63 02/01/2034 5,000+00 3,450% 172.50 5,172.50 - 5,17150 5,431.13 Total $70,000.00 - $19,516.25 $89,516M (1,18L25) $99,335.00 $92,751.75. 5i rlif 2ht Rates bated �( _�.._.,_..,_.,_........._...____--.._.�_..,....,.._.�._.._..�.._..._......._ 710i1201 a Firs[ Coupon Date. —........w...._........... _ .2101/2019 Yleld Statistics Band Year Dollars .. $635.83 yerage i e.,.�......_-....Y..._._.-_.„._...„.-._�.._.��.,_,._.._. 9:083 Years. _ _ Average Cflupon 3.0693971% Netinterest:Cost IVI�C) w µ 3.2345347% TrueIriterestCost MC) 3:2466859%a on Yield for Aroitr EiUrpnses - _ _.. 30714340% All .Inclusive :Cosf(AIC) .w _. .r _ 3.424if0990 Series 2818A GO Imp eonds i Revenue?orWn (429) 1 4126M18 I 1-.43 PM EHLERS LEADERS IN PU$LIC FINANCE Cq of Gem. Lake, Minnesota $610,179. General Obligation Improvement Bands, Series 2018A �= Assessments Equal P&i - Flat 4.00% Rate Assessments Date Principal Coupon - lnter6st TotaI P.+l .12/31=19 30,473.02 .. .4.,ODG% 24;407.17 _ 54,880.10 12/31/2020 31,691+94 41000% 23,188.24 54,880.18 12/31/2021 32,959.62 .4:000%0 21,920.36 .54,880,18 12/31/2022 34,278,00 4.000% 20, 02.18 54,880.18 12/31/2023 35,649.12 49000% 19;231.06 54;880.18 i213112024. 37,075.09 4.000% I7,805.10 54,8.80..19 12/31/2025 38,558.09 4.000% 16,322.16 54,880.1.9: I V3 W.026 40,106,41 4.000%0 14,779,78 .54,890.1.0 12/31/2027 4.1704.43 4.000% 13,175.76 54;880.19 12/3M028 43:372,6.1. 4.000% 11,507.58 54 880 l9 1213112029. 45,107,51 4, N% 9,772.68 54,880.19 .12/3112030. 46;9.11.81 4.006% 7,068,38 54,880.19 I213112031 48:798,28 000% 61051+90 54,880,18 12/3 W032 56,7DA.1 4:000%. 4,140:36 54,880.17 12/31/2033 52;7d9:41 4A0% 211 I0.78 S4 880.19 Total $610,J 79.15 - $213,023.63 $823,202.78 Significant Dates 1/01I2019. First Payment Date 1213ll20i 4 SOes 201SA 60 Imp Bonds. I SINGLE PUWOSE 1412612018 1 1:42 PM EHLERS LEADER$ iN Fvauc FINANCE 0 of W 04 Resolution No. Council Member introduced the following resolution and moved its adoption: Resolution Providing for the Sale of $665,000 General Obligation Improvement Bonds, Series 2018A A. WHEREAS, the City Council ofthe City of .Gem Lake; Minnesota has heretofore determined that it..is necessary and. expedient to .issue the City's $665.,0..00. General Obligation Improyement,Bo..nds, Series .2018A (the "Sands"), to finance the construction of the 20:18 Scheuneman Road Reconstruction Project.. in the City; and $.. WHEREAS; the City.has retained Ehlers & Associates, Inc.,.in Roseville, Minnesota {"Ehlers"), as its independent municipal advisor for the Bonds in accordance with Minnesota Statutes, Section 475..60, Subdivision 2(9); NOW, THEREFORE, BE IT RESOLVED by the City Council. of the City of Gem: Lake, Minnesota, as follows: L. Authorization; Findings. The City .Council: hereby authorizes Ehlers to assist the. City for the sale of the Bonds. 2. Meeting; ProposalOpening. The City Council shall meet at 7:00 p.m. on -June 19, 2018, 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 Ehlers and participate in. the preparation of an official. statement for the Bonds and to execute and deliver it on be of the City upon its completion. The motion for the adoption of the. :forego ing resolution was duly seconded by City Council Member and; after full discussion thereof. and upon a Vote being taken thereon, the. following City Cauncil:M.embers voted in favor thereof - and the following voted against the. same: Whereupon said resolution was declared duly passed and. adopted. Dated this 15"' day of May, 2018. City Clerk Resolution No. 241849 Council Member introduced. the following resolution and moved its adoption.: Resolution Authorizing the City to Enter into a Credit Enhancement Program Agreement with the Minnesota Public Facilities Authority A. WHEREAS,.the City Council of the City of Gem Lake, Minnesota (the "City") proposes to issue. its General Obligation. Improvement Bonds (the ".Bonds"), the. proceeds of Which will be used to finance the costs :of construction, improvement or rehabilitation of water, sanitary sewer, and storm sewer facilities; and B. WHEREAS, the City Council hereby determines it. is in the best interests of the City to apply to the Minnesota Public Facilities Authority (the. "Authority") for credit. enhancement of the Bonds; .NOW, THEREFORE, BE IT .RESOLVED by the. City .Council of the City of Gem Lake, Minnesota,. as follows: 1.. Approval of the Authorilys Credit Enhancement Program Agreement. The. Authority's Credit Enhancement Program Agreement (the "Agreement") is hereby approved, the :same being before the City.Councii and made a part of this: resolution by reference. 2. Authorization to Sign_ Agreement and Related Forms. The Mayor and the City Clerk are authorized to. sign the Agreement. on the City's behalf and to execute. any other related forms. prescribed by the Authority with respect to the Agreement. 3. Agreement to Comply with Minnesota Statutes, Section 446A.4$6. The City is entering into the Agreement with the Authority pursuant to Minnesota Statutes, Section 446A.086 (the "Act") and the City hereby agrees to comply with and be.bound by the provisions of the Act. 4. Submission ofthe Ayreeinent. The Mayor and City Clerk are hereby authorized to. submit; on the: City's behalf, the Agreement .to the Authority, together with the nonrefundable application fee in the amount of $540. 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.. bated -this 15" day of May, 2D 18, City Clerk. 511 nr1 a at 11444:28.82 Page,1 City of Gem Lake Check Register For the Period From May 10. 2018 to May 15, 2018 rCriteria IndUdesr Report order. Is by Check Number: Cheek # pate Payee Amount 10480 51.15/18 City of Roseville .51.53 10481 5115/18 City of White Bear Lake 31.39 10482 5115118 CINTAS 12,48 10483 51151.18 Innovative office Solutions, LLC 107.24 10484 5/15/18 JAN-PRO CLEANING SYSTEMS 225.00 104.85 5115118 Kelly & Lemmons, PA 4,281=02 10486 5/15118 CliftonLarsonAllen LLP 3.00G.00 10487 5/15118 Metropolitan CoUnd 2,250.01 10488 5/15118 Northwest Associated Consultarits, Inc 1,421.78 10489 5/15118 Gopher:State One Call 2.70 10490 5115/1.8 Press: Publications 258.56 10491 5115/1a CenturyLink 105:24 10492 6/15118. Ramsey County 1,494:17 10493 5/15118 S.EH 8,538.49 1494 5115118 St. Paul Stamp Works, Inc 70:50 10495 5/15/18 T.A. Schifsky & Sons, Inc. 3,365,00 10496 5115/18 THE DAVEY TREE EXPERT COMPANY 759.00 10497 5115118 Waste Management.of WI -MN 670.67 16408 5115118 White Bear Township. 4,094.39 1049.9. 6115/18 VOID 10500 5115118 Xcel Energy 4.62.76 10501 5115118 LMC.Insurance Trust. 1,944;00 Total 3.3.445.93 0 w C a 0 a w f r �r7 Q7 V• 0 CD d �0 a O 07. LO m 0 COto m Q. to to 00 dO cnC3 � tocoLC]OnM 0.030m00 O u7. M. N ..a, co In 00 a.0 00 NwI*-mOa]W0aN0.h p T- LO � . r (n (-� [p .A :.co N CL7 Ca N vi .CO V' Il- O O (D c^. C97 AO N. r N C 3 O CL] rl' r co p Ct7 c Y7 � c" r LO LO M 0 T- CD to M 'IF N. r 0 .SD N V C7 m co s-- r- w N CO W' C] W x z U) � U F- LY :2 m t7 co L] co 6 � a)T C C) � Z co C (0 co C 0-�� Z Z cy F N m � E6 `� vi F--1 Z) Z�W fl L] IL Q `_G Q X Q Y. p r LL1. L'J. � - w �I = C3. WO T co().T 00 2 0: Lila < Q� jw.� F2 O @ T Lij Oa Nam' (�� �..J 0.'.N ofLLJ mZ. .y�.V ¢.�[�] Q �-�� �2WJ�LLJ0NZW -�2 <0 �L] l-0 CL-j tlli9WX rntn!- 0 1<-: U3Cn!- N=0 F-C-QjM 0 30ILa.0a. co r LO m N ca 00 t-. CQ r co r. co r .� LO C4: C7 r C7 cq 0 ~ � N i N (a�I N C) M co a r � P'7 co tI] .a? 6. co 0 C) N O . LCy id] W ❑ N a N to a) N p >.W N rJ7 co U] In 'C V7 C. N .0 N J . U7 01 . O = n � 0. .f17 C) � d 1 3 .._ _.� CZI. ❑ C m ° : ' ,C. V =+ cs.. � N n, p :. Ill 8 �p 91 C] "'' F p7 OS (,] OU. G � N V :3 " D f] 3 Q D @ 0 -0 U tG :3 ..Cq . 4. Q Q. w 0 � C) "CS V: V Ll y U C7. d .: C] -c .� @ V. [t1 C U C4 C U fB. G V C V C '3 C C C 0.-U �¢ FT Q �¢ 9< 07 u.l.ow. (n(0<' (nU¢ 0)w< ¢¢ iLm¢�iLM..L. tnu) m:E¢ M N to 'IT LO LO r ❑] Cr1 � S. Cpo [)7 Cr7 r V• C7 CN N 00 N .a 00N ��yyO. N CN O N.r.ac�7NraC].�C7Y[+] I? C? I? M I? C? C? I CV CY If C? C7 (? '? � M. [+7 q � � [V CV pO OO C) C) O.O ao a 0 N 40 LnLO0 LOtoCa LOLO0 00 r6.O4:YOLnin a��OO 40 �}C7 a *CD 0a vV•CNQ NNO NNO CV CVO 00 �. rpp 0V•NN�.OdO rN G7N N C}7 N. CAN U)DIrN rr N YN rr.N LC3N. 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Uz ww 7N .0 <U C1N 0cnol ¢ Q.0 F- C[w .0r ❑ c E e eC D. 0 CD L� L7 r c0 �. C7CD �CD a Cr�7. Lo ..� M 'c7' CD [�[�� . N � I� M t�7 u�'7 0 a CIF LO CD LO .p M m 03 N O. M (J .a C> •� .4 co C) r. C7 C7 C7 [•] Cri 'V`. N N N w SM�I M O Z7 M CA C!] IL7 W Co .r . Lei tt tr �r En r` ti w :0)0. w L @ LL n [(� E N C 7@ C Q1 .dy alz °= m a) m y 0 41 N a) v a m R T to N S R] C7 . m m a)a) C] N Cl a �7, 7@, a >, �- 7, 31 a' 7, V 7, 0 >e >i N >i . w 7, (D. 7. tl1 7, o 7 ca Ln co �. m . ca w co . Lu co o..cc ca . m U m ' w m ro m .a sn Q ra C CCL EL. �Q JCL rya am 0. =CL 290. cp N� CL cam 0 .. coM Cla Qa mi l.. �c �c . � e cn C [).c CL � Uo 'vvLaco U2cm L) : d w< ui U¢ a¢ d Cm¢ Mu ad w¢ ❑¢ a.¢ r co a 0 0 N N t3 ? co N N Q'i CA C7. It LO O) tl' cc d Ul) 4 a v v Q o Cl v a Cl o a o C7 m [' C7: r. C7. L� C? L? .l . :� I?N .N I. CjC] 4pp C7.Q 21,. QO 0.10 as aC7 caC7 I.C7. Oa as 40 pp0 Oa :wr ra QI QO C7 V'C, ra 040 C].Q QQ 9C7 Ia 4Q IT OI c�a .C)C7 C. 6) N CD N I N CA N 03 Lq V' N [D N (D N CJ N CA Cq 0) N r N CS] N r N 01 CV .m N e- cs 4 m. a a 4 L r C D r a co a r n t Cl C7 r Q. i.1 C] r a v C7 m n cr ry n1 q L s q Cv q cv. N q cv q N NL N N N N q N q N sq C7 6 M V' tl' 4 4 [7 4 .� [iJ a .0 C7 a .�7 C� � a a . Cr O .� LZ C7 C] C7 a d C� C> 4 C) 0. 4 4 C5 C5 C] O 0 .0 a a' Q.[7 [7 1 cc. Q Q 0.0 C) Cl Q r r � V' � r Y r r .- r r � T ca r- rr. r r T r r r w `v `a v `o c- d l 7 IC) LL? Z~ LC) ;B LPL) L(]. 41 S ] ;-f5 L 7 V) LO u�i LL M W w F Lo r• m a > o co �.QCD J :❑, N E Cf 0 r� ]wit `pia ° � 2 F �CL a N v d L p U- m N 'CS O ti Q m rN+ (D E: L Q C] N Q1 7 yC y: c .c N U. 07 ii C .0 I� w c C] .p C CITY OF GEM LAKE CASH AND INVESTMENT BALANCE STATEMENT As. bf 04/30/18 Fiscal Year: 2018 Cash and Investments Balance Balance Marne of Fund. 3/31/2018 Receipts Disbursements 4/3012018. General Fund $.233,439A3 $23,883.95 $3,923,00 V53,400:38 Parks and Playgrounds. $40,112.94 $59.59 $0:00 $40,17153 2004 Debt -Service Fund ($4.15) $3 A6 $0.00 $2.91.. .2006 Debt Service Fund $45,597.5.9 $71.59 $0.00 $49,659.18. 2007 Capital Improvement Bonds $5l ;3.49:27 $.143,74 $0.00 $5 i,493.0.1 Street Improvement $134,133.33 $197.22 $0.00 $134,330. 55 Scheuneman Road Improvemetns ($18;755:63) $4:oo $8.70 ($18,764.33) Flvffinan Road Improvements ($359,09.9,65) $0A $4$525,48 ($363,62.4.73) 5e"Ver-Enterprise Fund S467,137.46 $3,444.99 $44,560.69 $426,02136 Investment Trust Fund. $434.89 $728.51 $434.89 $728.51 $598,339.48. $28,532.65 $53,452:35 .$573,419:77 Premier Checking. $209,584.89 Premier. CUS $0.100 Wells Fargo.Investments. $361.,000.00 Wells Fargo.Money Market $2,8308 $573,419.77 . BALANCE OF GAMBLING FUNDS Balance Balance 3/31/2018 Receipts Disbursements 4130/20.I8 Gambling Fund 13alance $G,576.27 $435.1 1. $3,000.00 $4,011.38 iYPE. WELLS FARGO Miw 111TJ18 fi!&16 WELLS FARGO CP 4R5119 10/25/17 WELLS FARGO CD 414122 .414112.WELLS FARGO CO APRIL.CASH B INVESTMENTS PRIME INVE STMENT FV NO CAPITAL ONE BANK HANMI BANK; LA. CAL GOLDMAN SACHS INT: 0.0196 ACCRVED. INTEREST S INTEREST DATE :50.02 MonNly 14042OM72 1,2096 1.20°1 725 $214,000A0 51,284.00 512 R1112 410493CF5 1,fi0% Im% 547 5107,000,00 5556.00 momhiy M143ANZ4 2.9044 2.90% 3650 .540.0005l0 $580,00 414 Sia14 1.15% lA5% .997 i5734419.77 :$2;728,75 City.omem Lal.c GENERAL FUND Budgeted Statement of Revenues . and: Expenditures rpr the hour Months Ending April. 30, 201.8 urr Mn r Mnth Cbrr M tom$ XTD_ YT19 13tid c fj", V ria 9"o Com Bud>' Actual Varfautec . /o Com[11SSSr RFYEY[i�-5 Property Taxes Current property Taxes $ 29;941.58 $ 0.00 29,94158 0,00 S 359,299.00 S 7,728.52 351.570.49 2 15 Relinq Property Taxes U;00 0,00 0.00 0.06 Om 11.26 (11,26) 6,60 Fiscal DispariiyTay es 820,42 0.00 829,42 0.00. 91953.40 10.27 .9,942:73 U,SO Licenses ph It Fermlts General Business Lisenscs 208.33 0100 208:33 AGO 3,500.00 i,200m 1,300;00 48.00. ❑n.Ue Liquor Lieesrsc 4M.M 0.00 458.33 0,00 5,5fID.00 1 200.00 4,300.00 21.82 Off -Salo LiLporLicenses 16,67 0,00 16.67 0106 200.OA 0,00 200,00 0.00 Other permits 83.33 198;00 (114.67) 237.6Q. 1,000.00 198.00 802:00 19,80 Tobacco License 16.67 OM1..6.67 .0.00 200:00 0.00 200.00. 0,00 charitable Gambling Licenk 41..67 0.00 41.67 0100 500.00 0.00 506.00 Contractor. Lieerlsa l0U.Q0 1 t14.00 Q.00 100,00 1 760,60 200.00 1.000.00 16,67 building Pcrntits 833:33 0.00 83303 U.00 1.0.000.00 3,320.15 6,679-95 3120 Plumbing.ftrmits. 83.33 215,00 (131.67) ?58.00 I'(100.00 S30.00 470.00 53.00 hiechanicalllennil5 166.67: 50.00 116,67 30.00 3,000.00. 56,66 0m.00. 2.50 Elwtrical Permits 83.33 0.00 $3.33 0,00 .1.00D.OD 270,00 730.00 27,00 NP>7FS Permit .33 O.QQ 8.33 0;00 100.00. 1:00.00 0,00 100,00 Building plan Review 0.00 181.25 { 181,25) 0:00 0.00 i 8i.25 (181,25j 0.00 Fire kl sha111rtspection 208,33 1.,OQO;OO (79L67) 480,00 2,500A &.849,00 (6,348.00) .353.92 Septic Inspection Fee 256,tY0 156,00 100.00 60.00 3,006.00 480.00 2.520.00 1.4.00 Stale Permit Charge 6.25 100 4.25 32.00 75.00 178.00 (103,00) 237.33 Administration Fee 0:00 3.453;00 (3,453.00.) 0:0.0 0.00 3,685;50 (3,685,50) 0.00 Sewer Contractor License 33.33 6.00 33.33 0.00 40000 6,00 400,00 0,00 bog Licenses 8.33. 0,00 03 0.00 100:00. 0.00 100,00 0.00 lntergovernmentA Revenues Coo ly Grants &' Aids 0.00 6.0o U.06 0,60 O.GD 14.52 {14152). O.OU $CORE Recycling 0mm 0.00 0.00 0,00 0;00 0.00 1,635.00 (1,033,00) o,do Ca61e TV Franchise Fees 458,33 0.00 459.33 a:90 5,500,00 U.00 5,500.00 .0.60 Police Staie.Aid 259.00 0.00. 250.00 i7:0U 3,060.00 0.0{I 3,000,00 O.QO Charges'for Services Planning Fees 41.67 45635. (415,08) 1.096.20 500.00 1.4.10,75 (950.751 190.15 Plan Review 256,00 O;OU 350.(ki O.RO 3,000.00 1;fi48.83 1.351.1$ 51 t36 fingineddagClmrges 0,00 2;625:35 (2,625,25) Obo 0.00 14,591-97 (.14,581:97) wyu Zoning Charges 0.,00 50.00. (50:00) 0,60 0.00 106,00 (100.6o) 0,00 Investment Adlnitl.Charge 18,75 15 22. 3.53. 81.17 225,OU 15.23 269.78 0.70 Fines.und Farrelts Finis 256,00 142.50 107,50 57.DO 31000:00 477.5U 3,522,50. 15.92 Misrellancous kerest Earnings 166,25 .497,65: (.321.40) 293:32 1,995.OQ. 487.65 1,507.35. 24:A4 Miscellaneous 166.67 O f]0 166,67 0;00 2;000.00 1,398.01 601.99 69.90 Insurance Policy.Divitlends 41.67 U.Oo 41.67 0,00: S40,i]u 0.00 509.00 OM FacilityRental 25:0.00 0.(x) 250.00 0.00 3I000 O (1,659103) .4;659:03 (55.30) Total Fevenaes 35?70.58 9,126.62 26.14196 25.88 423 247,00 47,741.36 375;505.64 11,28 t \PF.irDI-17URF 5 City Council Wages and Salaries 625.UU 214,75 4I0.25 3436 7,500.00 1.714.75 .5,73535 22:8.fi Employer Paid Insurance 47;83. 114,75 (06.92) 239.90 574,00 (1U0,00) 674:U6 (17.42) Adiriinstntfan 135,00 0.00 125.00 D.00 1,500,00 163,50 1,336;St1 lcm) Elections Qperai ftSunplies 0.00 0.0.0 O.DO 0,00 0.00 163.83 (163.83). 0.00 ConlrartedServiccs 666.67. 797.00 (130.33) 10.55 moo.00 .79.7.00 72D100 9.96 Legal Nutues 250 0;00 25,00. 0.00 300.00 78.40 211.60 26;I.3 Repairs & Mahli - ComracIva: 45:83 0.00 45.83 1100 550.00 0,00 550.00 UO 5/1112018 al 8'23 AM Financial Administration Auditing Services Financial Services Cnmput& Services Legal.Scrvico Prosecution LegnI Legal - I. -arid bsues ClerldGeneral Government Wages and Salaries Workm Compensaiign Fmpl❑yer Paid Insurance OIT'ce.supplios Postage. Administration Web. ne milcage Computcr.Services Legal Nance Publication NiwVslciler/Public Relations. General Liability. Insurance Vcliicie insurance Public Omditis Liubf itliy Reoreling Collection League: or MI&I.Cii i es RCl.1.G sub=iplinns Planning and ZonIng Pro l'zss ional 5 c rvi ces Engineering Administration Zoning Administration N PD ES .Admici is lrot i on Comp Plan Update IIerlingc }tall Operating Supplies Professional Services Can[mct Services Telephone Property Insurance FIM(rie Service Gas Service wale 05mer 1Jtilitics Repairs& Maint-ContmcIOat Repa. is S Maint - RvildinQ Police Regular Law Enrorecment Dlspnlcb Costs Administration Fire Fire Services rite Marshall Service Animal Control Animal Removal Animal i:nroreecnent linllding Inpsecttou Building Inspections City utGem.Lalccr GENERAL FUND Uudgcted 51-mement of Rcmiues and:Espond itures War the Four Month Ending:April:30, 2018 Clirr Mr, Cyrr Mnlb urr UM YTD Y_ `PQ f3udeel Foal riante °!a Comnl F3 c u Variance. %C6rplgle 816.67 4,066.00 (3,183.33) 489.80 9,80a,00 -1; moo 5.8001M 40.El 1,083.3.3 7.541.11 (5.457,80) 301.97 35,000.,4p 10,039.32. 14.,960.68 40.16 62.50 0.60 62,50 Iwo 750.00 1.696.64 (946-64) 236M. 268;33 182.50 25-83 87,60 2,500.00. 24,8..50: 2 251450 9,94 2,500.00 917.51 1.572.49 37.10 30,000.,00 3,739.78 26,260M 12,47 833,33 0,00 833.33 0.00 1 YA0,00 5.802.50 4.197.50 58,03 3.666.67 3,104.60 (437.93} .116,42 .32;f]00:00 8,819,60 23,180.40 27<56 29.17 0-00 29.17 0,00 350,00 102:00 248.00 29.i4 204,00 4379 160.21 21,47 2.448,0.0 (1253.33) 3,7.01.33 (51'v1 108,33 12973 [20.90} 119.29. 1,300100 344.15 055.85 26A7 IO0.00 0-94 99.06 0-94 1120000 MID 1.02130 14.85 58.33 93.00 (34-67) 159.43 700.00 403.06 297.0 37:57 7.9, l 7 50.00 29,17 63.16 950.00 200.00 7SO.00 21.05 14.58 15-92 (124j 168,48 175.00 15.82 159.1.8 %04. 26875 0,00 268,75 �83.33 0.00 3225.00 3;935:00 (710.00) 112.02 .83,33 0.00 0.00 1..,000,00. 102;92. 897.08. 10.29 208,33 299.62 (1119) 143-82 �,500,00 399.24 1,900.76 23.97 229.17 0.00 229..17 .0,00 3;750.00 1.95.50 -554,56 7.11 6.25 0.00 6 25. 0,00 75A is '75 56,25 25;00 12,50 G.00 13.Sd 0160 150.00 36.50 113-50 24,33 833.33 670,67 162.66 80,48 101000.00 2,692,69 7,317:32 26,83 .62,50 0.00 52.50 0,00 750.00 0,00 750.60 0.(lU 16,67 0.00 16,67 0.00 200,00 0.00 200.00 0.00 4,17 0,00 A.I.7 0,00 50.00 0100 50.00 0;00 4.17 1D.60. 4.17 0.00 50.00 O.00 50,00 0.00 1.916,67 3,712.75.: (1,796,08) 193.71 23,000.00 3,497.57 M502.43 15.21 375M 565.50 (190 .0) 150.90 4.500,00 3,544,75 1.93525 56,55 41.67 0.00 41.67 0.00 500,00 159.00 .(259.00) 15;1.80 R33.33 ODD 833,33 0,00 10,000:00 0.00 10.O000 0,00 4,1.66.67 1,402,24 ?;764A_ - 33,65 50,000.00 6.790,01 43209.99 13,58 4.1.67 0,00 4.1,67. 0.00 500:00 0,00 500.00 0.00 333,33 0.00 333:33 0.00 4,000,00 0;00 4,000.00 0.00. 29L67 .225.60. 65.67 77414 3,500.00 913.48 2.597,52 26,07 166.67 1.59,69 7.98 05,21 2,060.t70 415.31 1,524.69 23.77 66,67 0,00 66:67 0.00 900.00 ?3?.00 569.0.0. 29m 416-67 236.49 130-1.9 63,76 5.000.00 943.22 4,056.78 18,86 125,00 107.D5. 17.95 95AI 1,500,00 27J.34. I.720.76 18.62 45,83 .0,00 45.83 0.00. 550,00 131.36. 4.18,64 23.88 166.67 .601,25 .(434,58) 3603.5 2,00.0.QQ 1213.50 786:5D 60.68. 500.00 32.50 467,50 6.50. 6,OU.Q.00 44C00. 5,5.16,00 7.40 5,316,67 5.316.66 0,07 100.00 63.,800,00 21266.40 42,535,00 33,33 0.00 0.00 0.06 0,00 0:00 2(,m6 (260.16) 0d10 25.00 0.00 25,M) 0;00 300,00 6.00 3mou 0,00. 1,685;42 1.084.70 0,72 99493 13.0?5.00 4,338.80. 8,68fi 30 33.31 335442 335,40 0.02 100.00 4.025,00. 1,414.60 2.610.40 3S;15 33,33 0,00 33.3.3 0.00 400,00 .0.00 400.00 0,00 M67 0.00 16.67 0.00 200.00. 0,00 2 .OD 0.00. 1,250,00 7,11.63 538.37 56,93 15,000SJO 1.833.53. 13,166,47 I"2 Sri SI2018'st 9 23 RM City of Gcm Lake GFNGRAL FUND Mdgeted Slave mem of Rev ows and Expendiures For the Four Montim Ending April3U,.?f11.8 curzMnshctirr Ninth CureMnl YL M Butted ActcIal V ianc 9'a Complete 13udeet Acival Variance YCmmPIeS4 Ruxd MAIntenonce Signs. Sign Repair Materials 25,00 0.00 25.00 0.00 .3.00.00 0.00. 300,00 OM Engineering 833.33 0.00 83333 0<00 10.000,00 0.00 10,0U0.00 0.04 NPOES Administration 0,00 0,60 0.06 0.00 OM400.00 (400.00) 9.00 Street Lights . 104.1.7 89,15. 15:02 85658 1:250.00 444.92: 805.08 35:59 ROW Wnteriancc 83.33 0.06 83.33 0,00. 1,000,00 WOO 1,000.00 0.00 $trccti.Repairs ?08.3:1 0.00 2(A33 0.00 2;i0U.0U 0.00 2;500:00 0.00 Dues & Suhscripton5. 4.17 0,00 i 17 p.UO S.O.UO 30-58 10.43 79..16 Ice and show Removal all and Sand 58.3.33 11,806,.75 (1,223.42) 309.73 7,000.00 6,olo,65 980.35 86,00 Repairs & Maird Contractual 183.33 0.00 18133 0100 2.'306.00 0.0U. 2.20o.00 on Snow 010wing. 1,006.60; 21803.50 (1.805.50) 280.55 1..2,000.00 9.922.93 2,177.12 91.86 Othet, RE nn el n g Uses. Op. grating Trans fcrsOUT 1,666.67. 6.06 1,666.67 0.0 20,000.00 0.00 20,000.U0 O.UU. Total Expenditures 35,270.58 37A6.50 (3.155.92) 106:11 423,247.00 108.787.21 314,159.74 25.70 Excess Rev Ovcr(Under) fixp S 0.00 3 38?99,88) 28,299,88 0,00 $ 0.00 _C$ 61,045.951 61.045.85_ 0.00 W1Inail a at 4:23'AM REVENTIRS interest:Eamings Total Rovenua F.1PENDraIRES City of Gem Laka PARKS.ANb PLAYGROUNDS FUND IIudgeted.StatemenI of Roenues nd Fxpenditures far the Fu: ur Montlhs Ending April 30,2018 Curr. Mn t C. urt m m gorr M nl 2018 5;&.gl AcImul Y3riancr. %Comlo Il. ds - $ 39,58 S 59.59 20.01 150,54 5 475,U6 S 39,55 59,59 20,01 150.54 415,06 59.59 415AI 12.55 Y'TD Y_ Actual VQria , %Comnletc 595.9 415.41 12.55 inlxl Eipenditura .0.00 0.00 0.00 0;00 0:6Q 0.00 U:oO 0-00 amt Rev Over (Under) E%p s n.58 5 59.59 20,U1 150,54 $ 475,00 $ 59.59 415.41. 1155 51t.tRQtB AI 9;2$ RM City OrG.c'ttt :l .0 2004 DEBTS ERVJ CE FUND Ndgeied 5tgnenlent of Revenpcs and Expenditures For the F ur Mcinths Ending April. 30. 2018 Cun Mntcurr-Mmh Cbm madi 2018 Y1i2 .S'1�' 1 gAM Actual VVg m °I Comnletc Y. Coiriolcse REVENUES lntcrest G1niings S 5.42 $ JA (2.36) 56.49 S 65.00 $ 3.06. 61.94 4;.71 Total Revenues SA2 3.M (2.36.49 65,00 3.06. 61.94 4:71 F\PENI71TifRiiS Total Expenditures 0,00 0,00 0.00 Q..flD. 0.00 0.00 0,00 OM Excess Rev Ovue Under) Grp S 5.A—) $ 3,06 2.36 56.40 $ 65,00 $ 3,06 61,94 431 5m.1 RQ 18 at 9,26 Am City Of Gem Lake 200617EW' SERVICE RIND Budgeted Stateinerit of Kevehues.:.lnd.Expendituies. For the Four Mwil$s Ending April 30, 2018 CuYIL Rkm Agluall+arixnce. '�aC0 I3uftrl Actual Varians °%CQmnleta REVENUES tnlereaEQrninp $ 39.17 $ 71759 32.42. 181,78 $. 47000 $ 71J9 MAI 1..3,23 TUIM Revenues 39;17 71.59 32,42 182:78. 410,00 71,59 398,41 15.23 ES11PNOITORES fdtai Cxpendiruns a:U0 0.6[T 6.i]f3 U:pU a.00. 0.00 0.00 0,00 R,ems Rev Over (UWer).Exp $ 39.1.7: 5 7 L59 33.1? i &2,78. S 47Q.00 $ S. 71.59 3WM 15.23 5111IM18 at 9:27 AM Gitya been Lake. 2007.DERTSFRVICE F17ND Budgeted Statement.6fRevoucs and Expiznditures For the Four MmIIL% EndingApr i130. 2018 Curr kinth CULT n I C ar th �ai� . YM YTI) $udeet. Lawl ynLipn4e .N_CaUWIgIq: Budge t pmal VarianrE %Cnmplet RF'VF,y�_ifF.S Current Propmy faxes 5 7,033.25 S 0.00 (7,03333) 0100 $ 84IS99,00 $ 1,616,36 82,781,44 1.92 Dt:linqucnI PtapertyTaxcs 0.00 0.00 0.00 0,00 Q.00 3.30 [3.50) 0.00 Fiscal Disparities 0,00 .0,00 0,00 0.00 0.00 2,15 alb) 0.60 1nlerem..Earning s 97.50 1.43.14 4614 147.43 1,170,00. 143;74 1,026:26 13:29 TWO Revenues 7,130.75 143.74 (9.987.01)_ 2.02 35,569.00 1,765,95 83,803,05 206 EYPEhI]ITGRFS I'Pineipal S,Q[f0.00 0.00 (5,000,0Q) 0.00 60,000:0U :6.0.000.00 0,00 100.00 1�ttrrest 11312-92 0,00 (1,312,9l) 0,00. 15,753.U0 8,065,Q0. 7,690.t10 51.19. Fiscal Agent Fees 45,83 0.00 (45.8.3) 0.00 350;00 450,170 100,00 81.182 Total. Exxnditutas _ 6.358.15 Mo (6,35835) 0.00 76,305,00 68,515.Q0 7,79MO 89,79 E.uess Rev 0ver(Under) 4xp S 771,00 S 143,74 Sry8 261 18.62 S 9.264,00_($ 66,149.05) 7k0:13.05 1720;52). W1112616 at.9:ZB AM City oram lake IMPROVEWNT FUND BUd&ted 5tatemenr of Re'Vehues and Expenditures ror the Four Months Ending April.30; 2018 l urr frfnth urr Corr hjqt ioL YTD Q Budget Altus! Variance Iacrimple! e lo= Aclual VRrianco °A -complete REVENUES Interest Gamings a. 97.50 S 197,22 9947? 20223 5 1,170,00 $ 197.22 972.79 16.86 Transfers cram Otltcr Funds 1,666A7 0.00 (.1,666,67) 0,00 20,000.00 0,00 20,600.00 0,00 Total Revenues 1.7r:1.11 197MI f 1.566,95) t 1.1 S 21,110.60 197 22 20,R72.78 0,93 kEXPEMUI.IVRES: Total Expenditures 0.00. 0.00. 0.00 0.00 0.00 0.00 0.00 Wo G.ecen.Rev Over (0Mer) F_xp $ 1.764A7 S 191:22 {1,566193} I I. B $ 21,170 60 $ 197.22. 20,97178 0.93 SM I Q01 a at UO AM City o(Gern LOW SCHEUNEMAN ROAD IMPROVEMENTS Budgered.5iatement of-Revenues.and Expenditures For Ilie Four Months Ending April 30, 20 1. 8 CtIrrm Curr Nfrit Curr Ninth NIR m i'.CQ EHr dl t Acitrai Var nnec % Qomqlgi Budpct Acum] Variance 9'0 let r .lnterC9tEaming5 $ 2.92 ($ 8170) (1.1.62) (29U9) 5 35.00.. ($ 8.70) 43.70 (14.96) Total Revenues 3.91- (8.70) (it (298.29) 35.00 (8,721- 43.70 (2436) F.XPF`DITURES Engineering 0,00 mo 0.00 0.66 0A 16,994,65 (26,904.55) ado Miscellaneous 0:00 0.00 0.00 0.00 0;00 5,000.00 (5,000.00) 0.00 l.isgal kiice Preparation 0.00 S.an 868M O.UO 0100 758.06 (758;00) 0100 Total Expenditures 11,00 868:82 868.82 0.00 000. 32.752,71 (32.752.71) 4,00 ^T Expess Rev Over (Linder) Eep $__ 2.92 (5,,, 877,01 [880.d4] (30,086.37) S . 35.00 [$ 32.751 A1) _ 32,7.96,41 . (93,664.07) WI I r2018 at 9131 AM Rry NUES Current Special Assessments Penalties ck Interest Interest Eaminp Total Revenues F.XI'FNQjTj1 E•nginecring Legn1 M isi el lanevus . Total.L, 1penditures l xcess Rev.Over.(Under) r—xp. City of Gelti Lake HOFFMAN ROAD 1MPROVEWNTS Budgeted Statement of Reveriues:and Expenditures Fflr the Four Months.EtldingAprii 34, 2018 CUU,%j t$ Corr.Mrill Curr Mnt h YrD YM Biidect. dsirtl Variance % cQuid9te Budge " Cgmjtdc 5. 5,233,33 5 0.G0 (5,233.33) 0.00 S 62,800.fla S 311.18 62,48832 0.50 Vo 0.fO0 0.00 0.00. D.oo 31.12 (31,12) 0,00 (394,58) (3i9,83) 174.75 55.i1 (4,735,66) (21913) (4.515,17) 4:b:1. 4.838,75 ? 19,83 5 058.58 t4,54) 58;065,0(1 12147 57,942:53 0,21 0,00 0.00 0.00 625.25. IA6,bb 198.00 2.62525 1.680,00 198.00 0.00 4;50125. 4.50325 5 4,838.15 $ 4,723,08 9561,83) 0.00 0.00 9,895.69 (9,895.69) 0,00 0,00 O.QO 1,680:00 (1,680.00) 0.00 D.00. 0.60 198.00 (198.6d) a.64 0;00 0,00 11.773.69 (11,77169) 0,06 (.97;G1):$ 58.065:00 $ 11.651.22 59,716 2?. :pwn.) 61111201a at 9:33 AM City of Gem Lake 5BVER.EN`FERPMr- FUND 15udg€tea. Siut%ncni of Revenu..es mid Expenditums Fur tI1c:Fuur.Months Ending April 30, 2019 Curr Nbth Out Mu CuKr ivimh ni R Y'l'D YTD rl Aqw� Variance 4' Camp Ic g Budge Aawd Variance % am 1 •f RFVFNUE8 Res iden€ialSevmrRevenucs S I,250.00 $ 0.00 (1,250.00) Q.00. S. 1.5.000,00 $ 3.107.36 11,892,64 20.72 Commercial gewer Revenues 2,683.33 0.66 (2,683..33) 0.06 25,000.40 1,998.(}0 17.002.00 3.109 Seiver Late Charges 208.33. 0.00 (?U8.33) O.DQ 2,500.00 0.00 2.500.00 0,00 Interest Earnings 434.17 3606 (64.82) $5.07 .51210.00. 369.35 4;840,65 7.09 Total Revenues 3.975.83 369.35 (3.666.481 9:29 47.10,00 11.474.71 36,235 29 24,05 XP> NTAT€1RES Office Supplies 41..61 0.00 €41.67] 0,00 500.00 9.00 500100 0.00 Puss3ge 26.83 0.00 f20.S3) 0,00 250.0p U,00 250;00 U;Uf}. Audi[ingScNices 225,00 D.DO (-M,W) u.dO 2;7}0:00 U,00 2700.00 0.00 Engineering 416.67 0.00 (41.6.67) O;OO. 5,00.0.00 Q.QQ K000.01) 0.00. Ms ES Charges 2.560,60 3,25U.01 (349,99) 90.00 3000,00 9,10.1.07 20.898;93 30.34 Lmates 83.33. 4:00 (83.33) O.OD .1,000.0b 3.9.20 966,8.0 3.9J Financial Senuo '208X no (208,33) 0:66 2,560.00 0,00 2500.00. O.UO Camptiter Sprvices 6.35 0.00 (6.25) u.OU 75;00 0,00 75.40 0,00 Repnirs &. Maint- Cow ructizal 33133 0.00 (33133) 0,00 4,000,00 0.00 4,000.00 D.Ou Depreciation. 1,041.67 0.00 (I,031.67) O.9Q 12,500.00 u:.60 12,5uo.uo uxo ScwerTeleviselFlushiag 1,000.00 O.o0 (1,006,00) U.OU 12,000;0O 0.0(I 1!,o0U:0i1 000 Twat Expenditures 5,87.7.08. 3 25U.01 (3.627,97), 38,.28.. 70.535;00 9.140,27 61,384.73. 13,96 E.ieess Rev Over (Under,) iixp. (S 1,901 25) (S 1,880.66) 20,59 98.92 i$ 22.315,001 S 2.334,44 (25,149.44) i:10.33j 51ti I aD 18 al 9.34 AM City ofGetn Lake INVESTMENT TRUST f.UNU Budgeted Stateonentof Revames and Expenditures For the. Pour Mnndts.End ing April 30.2il1f1. OimliGtlt. Curl mnlh C tirr h "la YTD XTP i3WO AMAt Variniicc . N CGmDkW Budeet ACW is re % ainElete REVENUF;S Interest Earnings $ 0.00 $ 293,62. 293.62 0.00 $. 0.00 $. 728.51 (728.5I}. 0,00 TOW Ravenues a.00 293.62 29162 0,00 . HO 728.51 (729,51) O.Gtl &I1120IS al 9:36 AM ••-. Do 06 G�1 Ln N .n o M m LA 7- ❑ rn. r- m N W o. I'. .n CO as r is � 3 � m � C m II Q w Z r. .n p G N. N w 'n d m M, o N M Cp LA M. p O .M per. cc N G O � O W H rm-I M N5 Q Ln F, Lq d ti op N 14 c0 c'i d tD to d r: .rj O eg n Ln 8 , "" L p. O Q al ry m r+i r' .am us v3 S � = � i OL N a a o �v r a .m N lP .-+ C 00 Ci C i �y tnnn. dui r: oa C. Ln c o' y to U 3 N 0 00 to r m ql n Q1 00 N m N 41 � N t�j rs —0 is u M uIIJ v LN 'C7 f0 z no m a y 6 N p tf LL V pLL ro " aa+ d rs Ci Cl C Q C 3 6. LL 'U Q Landmark of Gem lake LLC Escrows As of.4/12118 PLl D Date Reciept:ti Invoice it. Description Amount. Balance 11/21/N17 523590 Escrow Payment. 4,000.00 4;00100 11/212017 Planner Review (83.75) 3,916.25 12/13/2017 Planner Revfew (167.50) 1748.75 12118/2Q17 Planner Review (83.75) 3,665.00 12/22/2017 Planner Review (83,15) 3,581.25. 12/28/2617 Planner Review (83.15) 3,497.50 10012017 342593.5:E.H (2,596.29) 9.01.21 12/19/7017 344261 S.E,H (4,57.4,15) (3,772,94) 1/2/2018 Planner Review .(87.00) (3,859.94) 1/73/2018 Planner Review (30430) (4,164.44) 11-1112018 345447 5.E:N (4,686.Z8} (9,850.72) 03/20/18 Para Legal (232.50) 9 o83:22 ` Biller! out 3114/18. Apr-18 482438 9,083.22 0.60 Subdivision Date Reciept fi Invoice # Description. Amount Balance 11/27/2Q17 523590 Escrow Payrnent 994.00 .994.00 11/16/2017 48Z80 Kelly.& Lemmons (28;00) 966.00 12/31/2017 49442 Kelly & Lemmons (868.00) 98.00 1/31/2018 48581 Kelly & Lemmons (2;40&m (2,308.50) 2/7/2018 Planner (130.50) (2,489,00). 2/20/2018 Para Legal (62.00) (2,501.00). 2/27/2010 Planner (391.54) (2;892.50) 2128/2Q18. Planner j0.3.5) (2,93fi.D0) 311/2018 Planner (43.50) (2,979.50) 3/2/2618 Para Legal (6 .00) (3,041,50) 03/2.0118 Kelly& Lemmons (3,396.00) (6,437.5Q) 03/20/18 Para Legal (b2:Q0) (6;499:50} 03/20I18 Planner (1,348,50) (7 848.Oaj • Bilied.dut 3/19/18 3/19/2018 Planner (87.00) (7,935.00) 3/31/2018 488..79 Kelly & Lemmons (1,680:00) (9,61.5A0) 3/6/2018 Planner (97,00) (9,702,00) 3/7/2018 Planner (217.50) 3/6/2018 Para Legal (31,00) (9;950.5o) 3/1/1018 Para Legal (62.00) (1Q,012,50] 3/21/2018 Building Official (36.25) (IU48.75) 3/26/2018 Building Official (3625) (10;085:00) 3/27/2018 Building Official (3625) (10,121.25) 3/6/2018 Building Official (72,50) [1b,1s3:75}. 4/6/2018 482438 7,848.00 (2;34.5,75). 4f 10/2018. 912277883 The Davey Tree Co. (19B..00) (2,5.43.75) 4/17/2018 346652 S.E.H. (2,625.25) (5,169.00) 4/17/2018 .48879 Kelly P. Lemmons (1;680.00) (6,849.00) 4/10/2018 Planner (65.25) LEiL4.251 Billed_Qut 41.16118 5I14J241$ 6,914.25 0.00 414/2fl18. BuildingflfficW (36..25) 36.25 4/9/2018 8u110.1ng 0ffmial (36.25) 7 .5 4/10/2018 Building Official (36:25) 10$.75 4/10/2018 Planner (65.25) 174.00 4/5/2018 Planner (43.50} 17 4/11/2019 Planner (43.50) 4I11a8 4J30J1$ 49032 Kelly & Lemmons. (2,811.00) (3,071 0 Billed out 5/7118 Hoffman Corner Casts To Date As of 4/30/18 Revenues 2013 2014 2015 2016 2017 2018 Total Grants Special Assessments 65,938.30 39,862.98. 342,30 106,143.58 Other Payments 0.00. City Funds 0,00 Bond Proceeds 0.00 Total Revenues 0.06 .0;00 0.00 65,938.30 39,862,98. 342,30 1060143,58. Expenditures. Phase 11 Work Engineering Legal Finance (WBT) Legal.NQtiCes Fiscal Fees Construction. Other 8,735..27 18,526.04 19, 976.85 1,778.94 700.00 35..00 1,225.00 7; 270.44 56,287.54 1,960.00 0.00. 0.00 0.00 0.00 0.00 Total Expenditures 8,735.27 19,226.04 20,01.1.85 3,003.94 0.00. 7,270;44 58,247,54 Water Extension Casts Englneering. 121;266.56 50,696.06. 171,962,62 Legal 030.00 2,345:00 10,675.00 Appraisal 17,350.06 17;350.00 Finance (WB7) 652,50. 652.50 Legal Notices 813.15 813.15 Fiscal Fees 0.00 Interest Expense 5,024.18 2,109.81 219.83 7,35182 Canstruction . 270,947,31 270,90,31 Other 0.00 Total Expenditures 0.00 0.00 148,412.21 325,012.55 2,109.81. 219;83 479,754,40 Total Costs 8;735.27 19,226:04 168,424,06. 332;016.49 2,109.81 7,490.27 538,001.94 Revenue over Expenditures (8,735.27) (19,226,04) (168,424.06.) (266,018..19} 37,753.17 (7,147;97) (431,85u6) .Net Costs (8,7.35,27) (D,961.31) (195,385.37) (462,46156) (424,710.39) (431,958,36) MM3 858136j Water/Sewer/Street Costs To Date As of 3/31/19 Revenges 2017 .2018 Total Grants 0.00 Special Assessments 0;(30 ❑ther Payments 0.00 City Funds 0.00 Bond Proceeds 0.00 Total Revenues 0.00 0;00 0.00 Expenditures Project Casts Engineering Legal APpraisal Tree work Finance (WBT) LegA Notices Fiscal Fees Interest Expense Construction Other 460.45 46,990.3..4 37,35Q 79 `1,68O.00 1,680.0❑ 5,000m 3,900,00 81900.00 198.00 .198.00 0.00 758.06 758:06 0:00 0:00 0.00 0.00 Total Expenditures 5,460.45 45,426.40 48,886.95 Revenue over Expenditures (5,460.45) (43,426.40) (48,886.85) Net. Costs (5,460.45) (48;886.85) (48,886M) v HyVee As of 4130/18 PUD Date: Recie..pt # lnvnice # 4/26/2018 Description Planner Time Amount 30.50) balance $ �130.5fl}