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04-25-83 agendaCITY OF RICHFIELD, MINNESOTA ~~~ Office of City Manager Council Letter No. 143 Agenda April 25, 1983 The Honorable Mayor and ~tilembers of the City Council City of Richfield Council Members: Subject: Resolution Authorizing the Sale and Issuance of $3,700,000 of Commercial Development Revenue Bonds, Richfield State Agency Project Cn July 20, 1981, the city council adopted a resolution giving preliminary approval to Richfield State Agency for the issuance of Com~-nercial Development Revenue Bonds for their pro- ject located at the northeast corner of 66th Street and Lyndale Avenue. As of this time all of the bonds have been sold (that is, the underwriter has orders for all the bonds) at a net effective interest rate of 8.25%. These bonds are dated May 1, 1983, and they mature on May 1 through the year 1993 in serial maturity, with a single maturity of $1,180,000 in the year 1998. These bonds are secured b_y an irrevocable Letter of Credit issued by F & M Marquette National Bank and by a mortgage of the project to the same bank. These bonds will be paid off in their entirety by the Richfield State Agency and they in no way con- stitute a legal debt of the City of Richfield. It is requested that the city council adopt the attached resolution which officially authorizes the issuance of these bonds. Respectfully submitted, Karl Nollenberger City Manager KN/eja • EXTRACT OF MINUTES OF MEETING OF THE CITY COUNCIL OF THE CITY OF RICHFIELD, HENNEPIN COUNTY, MINNESOTA Pursuant to due call and notice thereof, a regular meeting of the Gity Council of the City of Richfield, Hennepin County, was duly held in the City Hall in said City on Monday, April 25, 1983~at T:00 o'clock p.m., C.T. The following members of the Council were present: and the following were absent: • Councilmember introduced the following resolu- tionand moved its adoption: RESOLUTION N0. RESOLUTION AUTHORIZING THE SALE AND ISSUANCE OF $3,700,000 COMMERCIAL DEVELOPMENT REVENUE BONDS (RICHFIELD"STATE AGENCY, INC. PROJECT) UNDER THE MUNICIPAL INDUSTRIAL DEVELOPMENT ACT TO FINANCE A PROJECT THEREUNDER SECURED BY PAYMENTS UNDER A LOAN AGREEMENT AND AN IRREVOCABLE LETTER OF CREDIT FROM F & M MARQUETTE NATIONAL BANK, IN MINNEAPOLIS, MINNESOTA, AND AUTHORIZING THE EXECUTION OF DOCUMENTS BE IT RESOLVED by the City Council of the City of Richfield, Minnesota (thee City), as follows: Section 1. Authorization and Recitals. 1.01. General Authority. The City is authorized by Minnesota Statutes, Chapter 474, as amended (the Act), to-issue its revenue bonds .and to make secured or unsecured loans to finance the acquisition of real property and the acquisition or construction of buildings and improvements r~ u on such real property and the installation of machinery and equipment of any and all kinds and any other personal properties deemed necessary in connection with a project, as defined in the Act. 1.02. Proposed Project and Bonds. Allison-Williams Company of Minneapolis, Minnesota (the Underwriter) and representatives of Richfield State Agency, Inc. (the Company) have proposed that the City, acting under and pursuant to the Act, issue and sell to the Underwriter its $3,700,000 Commercial Development Revenue Bonds (Richfield State Agency, Inc. Project) (the Bonds), the proceeds of which are to be used for the purpose of paying costs incurred by the Company in the acquisition and construction of a project. consisting of the acquisition of land, related .site improvements. and the remodelling and addition to an existing building for retail office. space (the Project). Pursuant to the proposal the proceeds of the Bonds will be loaned by the City to the Company and the Company agrees to make payments sufficient to pay the principal of and interest on the Bonds. The City will grant a security interest in certain revenues and payments to be received by the City under the Loan Agreement (as hereinafter defined) to a Trustee (as hereinafter defined). To further secure the Bonds, F & M Marquette National Bank, in Minneapolis, Minnesota, a national banking association (the Bank), will issue its Irrevocable Letter of Credit (as hereinafter defined) to the Trustee (as hereinafter defined), under which the Bank will agree to pay the principal of, premium if any, upon mandatory redemption, and up to nine months' interest on the Bonds upon the terms therein provided. 1.03. Preliminary City Ap roval. The Council gave preliminary appro- • val of the sale of its revenue bonds pursuant to the Act and the loan of ,the proceeds to the Company for the acquisition and construction of the Project and authorized the preparation of .such documents as may be appro- priate to the Project by the following actions: (a) June 22, 1981, adoption of Resolution No. 6453, calling for a public hearing on .the Project; (b) July 1, 1981,' publication in the Richfield Sun, the official newspaper of the City, of the notice of public hearing. (c) July 1, 1981, publication in The Minneapolis Star and Minneapolis Tribune, newspapers of general circulation throughout the City,. of the notice of public hearing; (d) July 20, 1981, adoption of Resolution No. 6469 giving. preliminary approval to the Project. 1.04. Documentation. Forms- of the following documents relating to the Project and the Bonds have been prepared and submitted to this Council and are hereby directed to be filed in the office of the City Clerk: (a) a Loan Agreement .(the Loan Agreement), to be dated as of May 1, 1983, proposed to be made and entered into between the City and the Company; (b) an Indenture of Trust (the Indenture), to be dated as of May 1, 1983, proposed to be made and entered into between the City and F & M Marquette National Bank, a national banking asso- ciation, as trustee (the Trustee); (c) an Irrevocable Letter of Credit (the Letter of Credit), dated as of May 1, 1983, proposed to be given by the Bank in favor of the Trustee for the account of the Company .(not executed by City); (d) a Mortgage and Security Agreement and Fixture Financing Statement (the Mortgage), dated as of May 1, 1983, proposed to be made and entered into between the Company and the Trustee (not executed by City); (e) a Letter of Credit and 1eimbursement Agreement (the Reimbursement Agreement), dated as of May 1, 1983, proposed to be made and entered into between the Company. and the Bank (not executed by City); (f) a Mortgage and Security Agreement and Fixture Financing Statement (the Bank Mortgage), dated as of May 1, 1983, proposed to be made and. entered into between the Company and the Bank (not executed by the City); (g) an Assignment of Rents .and Leases, .dated as of May 1, 1983, given by Company to Trustee (the Trustee Assignment); ..{h) an Assignment of Rents and Leases, dated as of May 1, 1983, given by Company to Bank ($ank Assignment); O a Disbursing Agreement Among Trustee,- Bank and Title .Insurance Company of Minnesota, dated as of May 1, 1983, (the Disbursing Agreement); (j) a Bond Purchase Agreement (the Bond Purchase Agree- ment), proposed to be made and entered into by and between the Underwriter, the City and the Company; and (k) a Preliminary Official Statement, (the Preliminary Official Statement), dated April 11, 1983. (1) an Official Statement (the .Official Statement) dated April 25, 1983. Section 2. Findings. It is hereby found, determined and declared that: (a) the Project, as defined herein and in the Loan Agree- ment, constitutes a project authorized by Section 474.02, Sub- . division la of the Act; (b) the purpose of the Project is and the effect thereof will be to promote the public welfare by encouraging and re- • taining the location, retention and development of economically. sound industry and commerce within the City so as to prevent, so far as possible, the emergence of blighted and marginal lands and areas of chronic unemployment; by promoting the use of available resources of the community thereby retaining the benefit of its existing investment in educational and public service facilities; by discouraging the movement of talented, educated personnel of mature age to other areas, thus preserving the economic and human resources needed as a base for providing governmental services and facilities; and by encouraging more intensive development of land in the City to provide an adequate and better balanced tax base to finance the increase in the amount. and cost of govern- mental services and by assisting the City in meeting its devel- opment objectives for the LHN Redevelopment Project Area; (c) the Project is located in the City, at a site which is readily accessible to employees residing within the City and the surrounding community; (d) the Project adds to the tax base of the City and over- lapping taxing jurisdictions; (e) the Project has been approved by the Commissioner of Securities and Real Estate of the State of rlinnesota, as tending to further the purposes and policies of the Act; ,.(f) the financing of the Project, the authorization of the Bonds in the principal amount of $3,700,000, the execution and delivery of the Loan Agreement, the Indenture and the Bond Pur- chase Agreement and the performance of all covenants and agree- ments of the City contained in the .Loan Agreement, the Indenture and the Bond Purchase Agreement and of a1I other acts and. things required under the Charter of the City and the Constitution and laws of the State of Minnesota to make the Loan Agreement, the Indenture. and the Bond Purchase Agreement and the Bonds valid and binding special limited obligations in accordance with their terms, are authorized by the Act; (g) it is desirable that a series of Commercial Development Revenue Bonds in the amount of $3,700,000 be issued by the City upon the terms set forth in the Indenture, under the provisions of which the City grants to the Trustee a security interest in certain revenues and payments to be received by the City under the, Loan Agreement as security for the payment of the principal, premium, if any, and interest on the Bonds; (h) the loan payments contained in the Loan Agreement are fixed, and are required to be revised from time to time as neces- sary, so as to produce income and revenue sufficient to provide for prompt payment of principal of and interest on all Bonds issued under the Indenture when due; and the Loan Agreement also provides that the Company is required to pay all expenses of the • operation and maintenance of .the Project,. including, but without • limitation, adequate insurance thereon and insurance aganst all liability for injury to persons or property arising from the operation thereof, and all taxes and special assessments levied upon or with respect to the Project site and payable during the term of the Loan Agreement; and (i) under the provisions of Section 474.10 of the Act and as provided in the Loan Agreement and Indenture, the Bonds are not to be payable from nor charged upon any funds of the City other than the revenues and payments pledged to the payment thereof; .the City is not subject to any liability thereon and no holders of the Bonds shall ever have the right to compel any exercise of the taxing powers of the City to pay any of the Bonds or the interest thereon nor to enforce payment thereof against any property of the City, except the revenues and payments under the Loan Agreement pledged to the payment thereof; the Bonds shall not constitute a charge, lien or encumbrance, legal or equitable, upon any property of the City, except the revenues and payments thereof; each Bond issued. under the Indenture shall recite that the Bonds, including interest thereon, are payable solely from the revenues and. payments. pledged to the payment thereof; and no Bond shall constitute a debt of the City within the meaning of any constitutional, statutory or charter limita- tion; provided, however, that nothing contained in this paragraph (i) shall impair the rights of the holders of the Bonds or the Trustee to enforce covenants made for the security of the payment • of principal of, premium, if any, and interest on the Bonds. Section 3. Approval of Documents. The forms of the Loan .Agreement, the. Indenture and the Bond Purchase Agreement referred to in Section 1.04 hereof are approved subject to such modifications as are deemed;appropriate and approved by the City Attorney and the City Manager, which approval shall be conclusively evidenced by execution of the Loan Agreement, the Indenture, the Bond Purchase Agreement and the Bonds by the Mayor and City Manager. The forms of the other docu- merits. listed in Section 1.04 are approved. The Mayor and City Manager are directed to execute the Loan Agreement upon execution thereof by the Com- pang, to execute the Indenture upon execution thereof by the Trustee and to execute the Bond Purchase Agreement upon execution. thereof by the Under- . writer and the Company. Copies of all of the documents-shall be delivered, filed and recorded as provided therein. The Mayor and City Manager are' also authorized and directed to execute such other instruments as may be required to give effect to the transactions herein contemplated. Section 4. The Bonds; Terms, Sale and Execution. 4.01. Authorization. The City hereby authorizes the issuance of the Bonds in the principal amount of $3,700,000 in the form and upon the terms • set forth in the Indenture and this resolution. The Bonds are hereby sold to the Underwriter at the price and upon the terms contained in the Bond • Purchase Agreement. 4.02. Execution. The Mayor and City Manager are hereby authorized and directed to execute the Bonds as prescribed herein and in the Indenture and to deliver them to the Trustee, together with a certified copy of this resolution, the other documents required in the Indenture, and such other certificates, documents and instruments as may be appropriate to effect the transaction herein contemplated. The Trustee is hereby appointed authenti- cating agent pursuant to Minnesota Statutes, Section 475.55, Subdivision 1. 4.03. Modifications, Absence of Officers. The approval hereby given to the various documents referred to above includes an approval of such modifications thereto, deletions therefrom and additions thereto as may be necessary and appropriate and approved by the City Attorney and the City Manager prior to the execution of the documents. The execution of any instrument by the appropriate officer or officers of the City herein authorized shall be conclusive evidence of the approval of such documents in accordance with the terms hereof. In the absence or disability of the Mayor, any of the documents authorized by this resolution to be executed, may be executed by the acting Mayor and in the absence or disability of the City Manager by such officer of the City who, in the. opinion of the City Attorney, may execute such documents. Section 5. Authentication of Proceedings. The Mayor, City Manager and City Clerk and other officers of the City • are authorized and directed to furnish to the Underwriter, the Bank and bond counsel certified copies of all proceedings and records of the City relating to the Bonds, and such other affidavits and certificates as may be required to show the facts relating to the legality and marketability of the Bonds as such facts appear-from the books and records in the officer's custody and control or as otherwise known to them; and all such certified copies, certificates and affidavits, including any heretofore furnished, shall constitute representations of the City as to the truth of all state- ments contained therein. Section 6. Official Statement. The City hereby consents. to the distribution of the Preliminary Offi- cial Statement and the Official Statement in substantially the form of the Preliminary Official Statement. by the Underwriter to potential purchasers of the Bonds... The City has not participated in .the preparation of the. Preliminary Official Statement or the Official Statement and has made no independent investigation with respect to the information contained therein or in the appendix thereto, and the City assumes no responsibility for. the sufficiency, accuracy or completeness of such information. Section 7. Statement of Election. The principal amount of the Bonds being. in excess of $1,000,000; the City rlanager is. hereby authorized and directed on behalf of the City to execute and file with the Internal Revenue Service a statement of election to issue its obligations in excess of $1,000,000 as provided by Section 103(b)(6)(D) of the Internal Revenue Code of 1954, as amended, and Section 1.103(b)(2)(vi) of the Regulations promulgated.thereunder. Passed and Adopted this 25th day of Aprii, 1983. Mayor John Hamilton Attest: City Clerk Sylvia K. Bergh The motion for the adoption of the foregoing Resolution was duly seconded by and upon vote being taken thereon the following voted in favor thereof: and' the following voted against or: abstained: whereupon said. resolution was declared duly passed and adopted. • STATE OF MINNESOTA ) COUNTY OF HENNEPIN ) SS. CITY OF RICHFIELD ) I, the. undersigned, being the duly qualified and acting Clerk of the City of Richfield, Minnesota, do hereby certify that I have carefully compared the attached and foregoing extract of minutes of a regular meeting of the City Council held on Monday, April 25, 1983, with the original thereof on file in my office and I further certify that the same is a full, true:. and. complete transcript therefrom insofar as the same relates to the issuance and sale of the City's $3,700,000 Commerical Development Revenue Bonds (Richfield State Agency, Inc. Project). WITNESS My hand as Clerk and the corporate seal of the City this day of 1983. Sylvia K. Bergh ' City Clerk City of Richfield, Minnesota (SEAL) • CITY Or RICH I~LD, ?~II`d:v~SOTA Office of City i`~!anager ~`~ Counci 1 Letter PTO. 1 42 Agenda Apr i1 25, 1983 The Honorable .~1a~,~or and _`~?embers of the City Council City of Richf ie 1d Council ~?embers: Subject: Request for Council to Initiate Rezoning, 910 6Jest 66th Street • • ~Ir. David Elasky would like to rezone the property at 910 West 66th Street from R-Residential to C-1-Limited Business to allow him to convert the existing residence into a dental office. City ordinance indicates that a rezoning may be initiated in either of two ways. The rezoning may be initiated by petition of the owners of not less than SO% or" the land proposed to be rezoned, and by the owners of at least Sa~~of the land within 300 feet of the land proposed to be rezoned. The other ~~~ay a rezoning could be initiated is by action of the city council. ~~ir. Dlasky has attempted to gain the required number of signa- tures on a petition, but has been una'~le to do so. The petition and letters of support which he has filed with city staff on1_y have signatures of Owners of 45% of the land within 300 feet instead of the required SOS. ~?r. Dlascy is "requesting that the city council initiate the requested rezoning of the parcel from R-Single Family Residence :o C-1-L_mi~ed Busi;-:ess. Review of past practices indicated that the city council has not initiated rezonincs unless there was a definite public purpose Served ~y the rezoning such as a nlanced unit develop- ment rezoning in the Lyndale/Hub/~icollet Redevelcp~.ent Area. There does not appear to be any public purpose served to rezone this property as requested. The Site is not caithin the Lyndale/ Hub/Nicollet Redevelopment Area. In oast rezoning actions, the council has placed significant emphasis upon the comments and concerns of persons owning oroDerty in close proximity to prop- osed rezonings. It 11ght Of that LaCt 1t 1S the stafL~s OOinlOP. that the C1ty COl"inCll ShOllld P.Ot lnltlate tI71S reZGning~ and should re- quire that the acpl_icant obtain the required number o= siana- tUreS On a petition i~ he w1SheS t0 prOCeed wlti~ the reZOT`il':g. If the C0~.2nC11 `,JISheS t0 lnltlate tt?1S reZOnlnq, it iS reCC~."~'Ti_e.^.d- ed that the COUnC' 1 rear ~'r~e -T~a`_=e'~ ~G ~^.° D1_ar?rl'''.7 CCi~=';l S10P ~Or ~hel_ COnSlder3~lGn _.. aCCOr:.a:"'.Ce ".iit',.`the ^Cri~.ai _~~.'.^_::iig reV1e:~1 process. ReSOectfuily submitted, I , ~ ,.- - ~drl ~i0 i lenber:er City ~~Ianager PST ITl O ~1 M,qp ~., ~~ ~ ., . ~ •., • ••. t::::::.::: . R .; ,:.. ~,:. •- .~.• ~ Y•,J::~, •~ ' ~~ • ~~ ~ • , ~. • y-~: . • i! s ~ i x St~o-Jl>"Tt.~R.6S ~BTAJNE~ • -'Soo waT RAC + u S REQUEST FOR REZONING FROM ' ~ ~ TO ____ \, FOR THE FOLLOWING PURPOSE '~ i= ti "i r~ ~. ~ - ~ ~ ;. ~_ STREET ADDRESS : mil' i~ t_L- ~-' ~ ~ { ~ LEGAL DESCRIPTION: bde, the undersigned, being owners of land within 300 feet of the land described above, do hereby concur in this Rezoning request. Signature of Owners* Address Legal Description -` ice- f ~l - ~ ~' it 1\ n / ~%C'~^~c.. ~~ 'cam ~~%,~.3 ~v. ~~~~tzt, .~~. ~-- _~; .- ~ , , , . ,~--- i * For purposes of dete reining if petition contains the proper number of signatures to initiate the rezoning process signatures may not be removed once a petition is signed and returned to the Planning Division. ~\ `\ _y ~ ~` ^\ ~ ~ ~ !~ ~ ~ ~c= ~ ~ i _ "~ ~~ r~ ~~ ~• ~~ __ . ~ , ~ ~^. ~ ~ ~ ~ ~ ~ ` ~; ~. ~--~ • ~} ~\ ,\ -~ , r.~ y ~ \ ~ ., ~ r, >• r CT ct f-' ti o c ~ ~ ~ ~ d 7 ~ O 6 ~ N• O O O ~.. ~ • ~/, " ' {"" CD ~ 1J ~ ~ -~ ~-~' ~ C } Ct lr --~ ~~ ~ N N ~ O C ./~ <~ ~ ~D ~ V ~ S "~ ~ O ~' ~ c-* ~ ~ ~ '~ ~ rp Y ~ CJ !~ •• . C r ca ~ O fi ~ -n . d ~~ ~ ~ ~ 'n ~ '= O O 1-~ ~ ~ - UI L .. ,J • ~ ~ ~ ~ ~ Ja :~ • rt ~' '7 L ~ 'n ~-^ ;a O O ~ ~D `'' ~ ~ ~S ;~ ~ D ~-'- V v ~ i ~~ O - • J :-t ~ ~ -. V ~--• ~ t ~ ~' J ^i ;D O. ~~ ~ ~ . ~.~ ~\ \~~~ ~\ .~ r~ v ~. ~; ~\ ,.~ ~, Y ,y rJ .~ u .~ 'a J. ~. ~..! • David J.Elasky, D.D.S. 7001 Nicollet Avenue South Richfield, Mn. 55423 Dear Mr.Elasky, 921 Rae Drive Richfield,Minnesota 55423 March 8,1983 We received your letter of inquiry on March 2 regarding 910 West 66th Street. We are not in favor of your proposed building on this residential block. We like the Parkins family and want them to be successful in selling their property, but we do not feel that your proposed development would be in our best interest here on a residential block. We are not in favor of a variance or re-zoning for your project and request the Planning Commission and the City Council to honor our decision in this matter. Yours very truly, ~~~~ ~ 1 Edwin H.Burkhardt ~I~t~rt-E. C Anne C.Burkhardt copy: City of Richfield, R.Joepke Planning Commission John Hamilton, Mayor Council Members • ~\ `a __ ~ ;,,~ ., ; _ `•_ • ~"} ~ ~ ~ ~} o , . • ~ ~~• ~~ . j ~~~~~ . ~;: '" t ~, ~ j ~ ~ r-. , i ~Jf} { ~ ~ \77 ` ` ) ,.. i - it / r f i . ~^ 1 ~'-~ .C ~~ •f ~• ii %~ ,. ~ I J / . i ''~ °°° .. F (r f y ~ / ,I~~' _ ~ ~ '• ~. ~ ? j ~ ~ _ ~ ' ~ n,/: ~ . - ,`,: r i' * i F `~ ~ ~ ~• . t at, _. y 1 ~w ,. .. . w ~<, ~ _ 1 ~ ~: .l • ~ 4 l~. ~ ~ ~,~1~• ~~ ~j ~ ~// 1 J ~. AMENDMENT TO ORDINANCE 1980-33 OF THE CITY OF RICHFIELD THE CITY OF RICHFIELD DOES ORDAIN: Ordinance 1980-33 of the City of Richfield granting a franchise to operate and maintain a cable communication system is hereby amended in the following respects: A. By amending Article III, Section 4 thereof to read as follows: "SECTION 4. FACILITIES. The Grantee shall construct, maintain and continue to provide all facilities and equipment set forth in the-Offering or as otherwise provided in Article V, Section 2 and Amended Exhibits A and B hereto, including, but not limited, to, the headend, hubs, distribution system, studios, equipment and other facilities. Grantee's plan, as set forth in the Offering, for implementing the construction, utilization and maintenance of these facilities, including its plans for accommodating. future growth and changing needs and desires, shall be fully and timely performed." B. By amending Article V, Section 2 thereof to read as follows: - "SECTION 2. LINE EXTENSION POLICY. Fcaetee1s-e~tes.s~ee-e~-sec~~ee-te-these areas-eat-i~e~eded-}~-the-~a~t~a~-sec~~ee-aces sha~~-He-deee-p~tcsnant-te-the-fe~~ew~~e}-cee~t~}cements- P:----~tes~der~ees-~aeatee~-eatslde-tie-}~~t~a~ sec~~ee-aces-~~~~-be-gce~~elee~-sec~~ee-~tge~-aeee~tar~ee e~-a-~~ete-~cem-Scar~tee---~~ie-~t~ete-s~ia~~-s.et e~eeeel-the-east-te-6ca~tee;-ea~et~~ated-ems-a-time aid-x~atec~a~-bass;-s~-e~tes.d~ng-tie-eable-aed r~eeessac~*-eab~e-e~a~gme~t-te-sec~~ee-sa}d-esec- B:---A~~-~e~ces~de~t~a~-esec-ce~eest}~~ sec~~ee-~}~~-be-gca~~ded-sec~r~ee-ttgerc-aeeegtar~ee e~-a-geete-~cem-6cantee---~'~ie-e~t~ete-s~a~~-eat e~eeed-t~ie-east-to-6car~tee; -ealett~ated-e~-a-t~cte aed-matec~a~-bass;-e~-e~te~d}ag-tie-eab~e-a~e~ aeeessacy-eab~e-ee~a~~me~t-te-sec~~ee-sa~e~-esec- A. Service will be provided to residents of the City in areas with an average density less • than forty (40) dwelling units per street mile or cable mile, whichever provides the greater benefit to the subscribers, as determined by the City, based upon the cost contribution formula defined below. Residents of the City in areas with an average density of at least forty (40) dwellin units per street mile or cable mile,. whichever provides the greater benefit to the subscribers, as determined by City, will not be required to make a cost contribution formula below in order to receive service. The monthly charge for cable service in the extended area shall be the same as elsewhere in the system. each B. The cost contrib interested subscriber be determined as foll tion to be allocated to in the extended area s: 1. Grantee shall estimate the total cost of constructing and maintaining for three (3) years from the date service is available,- the line extension to be constructed in the extended areas. Total construction cost is defined as including all labor and material costs necessary to construct .and activate that part of the system commencing at the nearest point of existing plant and running to and within the extended area. 2. The standard cost er dwelling unit in the extended area shall be determined by dividing. the total from (1) above by 40. s ensity. 3. Grantee's contribution to the cos of the line extension shall be determined b dividing the total number of dwellin units in the extended area by the number of miles in the extended area., and multiplying the resulting number by the standard cost per dwelling unit. 4. The difference between the total costs (1) and the Grantee's contribution (3) is the total contribution of the subscribers in the extended area: -- - - _ '-t Vl ~V31a7 subscribing to the service in the extended area. ' C. Service under the line extension policy shall be provided in accordance with the following procedure. • .. • 5. The amount to be paid by each- subscribing resident shall be determ;nar' 1. Residents in an area with an average density of less than forty (40) dwelling • units per street mile or cable mile as determined above, who desire cable service shall petition the Council for designation as an extended area. The petition shall include a map showing the dwelling ..units.. proposed to be included in the designated extended area. 2. - The Council shall by resolution designate the dwelling units to be included in the extended area. 3. Upon designation of an extended area, Grantee shall prepare a map indicating the trunk cable line that will be constructed to serve the extended area and shall estimate the combined total construction cost and three (3) ear maintenance cost for service to the 'extended area Section 2.B.1', the Grantee's contribution (Section 2.B.3), and the total contribution of the subscribers (Section 2.B. 4.) . 4. Residents within the extended area who wish to become subscribers. will have thirty {30) days to commit to service, by executing and submitting a commitment form to Grantee. 5. Grantee will estimate the cost to each subscriber according to the formula in Section 2.B.5, above. Grantee will notify Council and subscribers of the subscriber cost estimate by U.S. mail. 6. Subscribers will have thirty (30) days from the date of mailing of the subscriber cost estimate in which to deposit the amount of the subscriber cost estimate into an escrow account to be maintained by the City. 7. If the total contribution of the subscribers is deposited within the time period specified in B.6 above, Grantee shall construct the line extension. Construction shall be completed and service made available to the extension area within twelve 12 months from the-end of the subscriber contribution deposit period. 8. Upon completion of the line extension construction, the City will pay to Grantee all funds in .the escrow account 9. Any resident who did not participate initial subscriber contribution and who wishes to hook up to the .line extension within the-first three (3} years after service is commenced in the extended area must deposit into an escrow account to be maintained by the city clerk the amount of the subscriber cost estimate deposited by original subscribers under paragraph 6 above. All such new contributions shall be held in escrow until the end of the third. year after service is commenced in the extended area, at which time all funds in escrow shall be divided equally and returned to the then; current subscribers. At the end of the three (3) ears followir the commencement of service to the extended area, all new subscribers in the extended area will be ..provided cable television service under the same terms as all other residents of the. City. D. Grantee shall hold the City`-and their respective officers, agents, em loyees and representatives harmless and indemnified against anv and all loss, costs., damage and expense, includinq, without limitation, attorneys' fees, now or hereafter incurred by zt, and arising out of or due to, claimed to arise out of or be due to, this ors or the process following by City in adopting.. ordinance.° C. By amending Article VI, Section 4, paragraph C{1) thereof to read as follows: "(1) .Rates and charges charged by Grantee for monthly service and }~9ta~~at~en-a~e~ other charges hereunder shall be uniform, fair and reasonable and designed to meet all necessary cows of service, including a fair rate of return on the original cost, less depreciation, of the properties devoted to such service (without regard to any subsequent sale or transfer price or cos of such properties). Installation charges shall be made pursuant to Article V, Section 2 and Amended Exhibits A and B hereto." • ~~l IZS .~--~ !`~ _,i-- ~__ ~- i ~ -I ,,S - - -~ .., ~~~ Cr ~ 'Viii I^... L', ~'_~`•~.`. i.SVTA Office Of City `.tanaCeL Council Letter ~:o . i ~? 1 T":e Honorable `navor and .~~embers of the City Council City cf Richfield Council `".embers Agenda April 25, 1983 Subject: Ordinance Amendira the Line Extension Policy of ?~innesota Cablesvstems-Southwest. Secor_c' := ead i ng . Late last fall, certain questions were raised regarding rr~hat areas were designated as Initial Service Areas, and which areas were to be considered Line Extensions in the City of Eden Prairie. Tile section of the franchise document relatinc to this item was unclear, and as a result a clearly articulated Line Extension Policy amendment was proposed. This ordinance amendment received first reading at `ile~~Iarch 14, 1983 city council meeting and the public 'r:earing on ~?arch 28, 1983 was continued to April 23, 1983. The ordinance amendment • 1. The 76 homes listed 162 homes '_isted as Initial Se,-~°;ce Are, with no s ion if icant provides t::at: as area 1 in exhibit ~ and the Area 13 would be served under the s Policy at a cc~t cf S1>j,000 1mpaCt O1^i rates ; 2. The remaining 372 homes in Areas 1-i2, and 1=?-20, would be served under a Line Jxtensicn Policy bssed on a cost sharing ~ormu].a. Preliminary approval of t:^.is ordi::ar.ce has bee.^. given by all f i Ve C 1.tieS , thereby C 9 ar i ; V_ ing .h e _ _ne eXter_S ion CO l icy vof C:.e franchise. tiowever, eXCe~t 'n v?'_r:'?etOniCa, final apDrGVaI has been withileid bV ti'le C i t1eS , nencinq Settlement Of certain COri- cerns of Eden Pra1.l:1e. AlthOUgh t1eSe 1SSl:eS remain unS2ttled, it iS nOt believed neCeSSdrV tO furt:-ler DCSt~Cne final approval Of te"?iS OrdlnanCe amendment. The Ord _ndnCe ame.^.d Tie.^, _ _._ 3ttaC:ed =C ~1i 3 COUnC i l letter, ar:d It 1S reCOIi~IRended ~ilat .:le `,itV Coti:^.Cil QiVe second readir:c, apprcva_ at the April 23, 1983 city council ;aeet i na . Res, ectf•al1•~ submitted, ~;~ • earl Nolienberger City ^'anaaer C_~ D. By amending Article XIV, Section 2, paragraph H thereof to read as follows: "H. Each exhibit is a part of this Franchise and each is specifically incorporated herein by reference. The exhibits are as follows: Amended Exhibit A - Pap of Construction by Area, Including Time Schedule Amended Exhibit B - Rate Schedule" E. By amending Article 1, Section A of Exhibit B thereof entitled 'Rate Schedule' by deleting paragraph 5 thereof in its entirety; and by renumbering the remaining paragraphs thereof accordingly. Passed by the City Council of the City of Richfield, Minnesota this day of 1983. John Hamilton, Mayor ATTEST: Sylvia K. Bergh, City Clerk CITY OF RICHFIELD, MINNESOTA ~/~ Office of C ity D~anager Council Letter No. 140 Agenda April 25, 1983 The Honoranle Mayor and Members of the City Council City of Richfield Council Members: Subject: Ordinance Amendment Relating to Possession of Beer in City Parks. First Reading. As members of the council are aware, the public safety de- partment has been working with both the community services de- partment and the community services commission in an effort to develop an aggressive enforcement program to prevent a reoccurrence of the problems we experienced last year related to drinking at Taft Park. Presently, Richfield ordinance code 4.17 prohibits the sale or consumption of beverages containing not less than one-half of one percent alcohol by volume in the public parks of our city. Our public safety department has experienced some difficulty in enforcing the terms of the existing language of the present ordinance for the following reasons: 1. Officers rarely see actual consumption. As a re- sult, a formal complaint rather than a citation must be used to initiate the charge. This is an expensive, time consuming, and sometimes difficult procedural re- quirement for effective enforcement activity. 2. Judges may be reluctant to find actual consumption when the officer cannot testify he actually saw the defendant drinking. Because of these problems associated with the enforcement of the present ordinance relating to the sale and consumption of beer in the parks, the public safety department has requested an amendment to the current ordinance which would also prohibit the possession of beer in city parks. The advantage of this change would be to introduce control over this problem at an earlier stage than presently exists. The individual carrying a case of beer into the park would be violating the law at that moment rather than later when he/she may choose to consume the • beer. The result of prohibiting the possession of beer in the parks is that more people may simply elect not to bring beer Council Letter No. 140 -2- April 25, 1983 KN/ej a • AR4ENDMENT TO CHAPTER IV, SECTION 4.17 OF THE ORDINANCE CODE OF THE CITY OF RICHFIELD CITY OF RICHFIELD DOES ORDAIN: Chapter IV, Section 4.17 of the Ordinance Code of the City of Richfield dealing with beer in city parks is amended in the following respects: A. By amending the title of Section 4.17 to read as follows: "4.17 SASE-APdD-E9PdSHA4P~~9A}-6F BEER IN PARKS" B. By amending subdivision 2 thereof to read as follows: "Subd. 2. Sale, Possession and Consumption Prohibited. The sale, possession with intent to consume or consumption of beer ~e~e~ae~es-eee~a~~i~g ~e~-less-~i~an-ewe-halms-ef-eee-~e~ea~c~-aleei~e~ ]~y-~e~t~e is prohibited in the public parks of the city." Passed by the City Council of the City of Richfield, • Minnesota this day of 19gS• John Hamilton, ~2ayor ATTEST: Sylvia K. Bergh, City Clerk /~ CITY OF RICHFIELD, MINNESOTA Office of City Manager Council Letter No. 139 Agenda April 25, 1983 The Honorable Mayor and Members of the City Council City of Richfield Council Members: Subject: Consideration of Target Issue Goals for 1983/84 The city council recently held a session for the purpose of identifying "target issues" important to the city over the next two-year period. After the issues were identified, a pri- ority ranking was established. This process was facilitated with the professional assistance of Mr. Lyle Sumek. Attached is a listing of the target issues and priorities as established by the council. Council members are reminded that • the priorities are only relative to the issues listed. For ex- ample, a "low priority" ranking does not mean the issue is unim- portant, but it does mean that other issues were found to be of greater importance to the council. It is expected as an important guide staff for the purpose next several months. the target issues by meeting. that the target issues listing will serve to both the city council and the city of allocating time and resources over the It is recommended that the council adopt motion. at the April 25, 1983 city council Resp`ctfully submitted, Karl Nollenberger City Manager KN/ej a • Attachment E TARGET ISSUES: 1984 ~1AYOR AND CITY COUNCIL CITY OF RICHFIELD MARCH 1983 ` ~ Priority No. Target Issues Top ~ nigh I Moderate I Low Lowest ~ I TOP PRIORITIES f 1. Godfat:ner Block Development 2 - - - i - 4 Complete negotiations Monitor HRA activities Find developer 2. LHN Completion 3 - - - - RS A RFC GAD j Nicollet Center/Red Owl Parking lots Opdahl property ," 3. Young Families Program - 3 - - - - Overall Integrated plan of programs Future direction . .. family housing 4. Low Cost Senior Citizen 3 - - - - Housing Rental ~ Ownership Possible land sites ~ Program actions I i , I ( i i i C~ 61 i Page 2 Mayor and City Council Perspective Priority No. Target Issues Top I High Moderate Low Lowest i 5. Storm Sewer and Flood 3 - - - - Control Implementation Financing o. Aircraft Noise 3 - - - - Work with Airport Commission Work in State Legislature Monitor Federal Legisla- tion Runway 4/22 7. Aging Infrastructure 3 - - - - Identification of problem areas and needs Comprehensive elan Long term Financing HIGH PRIORITIES 1. City Finances 2 3 - - - Service level and priorities City revenues Operations State aid Property tax level Subsidization of programs 2. Lincoln Hill/Portland 2 3 - - - Review staff work Meeting with other groups Refine goal 02 image 3 • Mayor and City Council Perspective - Priority No. Target Issues Top High Moderate Low Lowest Future direction Decision 3. 76th and Lyndale: I-35 to 1 4 - - ~ Nicollet i Development of master plan Review 4. Legion Lake Develoment - 3 _ _ _ Final planning Financing Implementation Housing 5. b6th from Portland to Cedar - 4 - _ _ Study Future direction o'. Cedar Avenue Liquor Store - 3 - _ ~ Site Future direction . Completion of study Decision MODERATE PRIORITIES 1. Park System and Open Spacem - 2 - 2 2 Lincoln Hills Recommitment to park development program 2. Community Clean-Environment 1 2 - 2 2 Health Spring clean up Junk cars I • 63 Page 4 Mayor and City Council Perspective Priority No. Target Issues Top High I Moderate Low Lowest Weeds ~ Unkept houses 3. 76th and Penn and I-494 - 2 - 2 - Address traffic problem Future direction Action 4. Quality Restaurant with - 1 - 2 2 Meeting Room City active role in attracting LOW PRIORITIES 1. Capital Improvement Program 1 1 - 3 2 Maintenance Future programs Possible expansion 2. Housing Quality Conservation 1 2 - 3 - of dousing Stock Assess need Program development ~ 3. Community Survey Input from 1 1 - 3 2 Citizens Development of process Implementation 4. Commercial Development 1 2 - 3 - Attracting Program Active city role Seek oportunities I Small business assistance. • 64 Page 5 Mayor and City Council Perspective Priority No. Target Issues Top High Moderate Low Lowest S. Infant Care - 1 - 3 2 Development by outside agency City stimulate action 6. Labor Relations. - 2 - 4 1 City's position Policy determination LOWEST PRIORITIES 1. Family Motel and Conference - _ - - 3 Center Active city role 2. Community Education 1 - - - 3 Convey goals Better understanding of city Communications with citizens 3. Liquor Store Profits - - - 1 3 Maintain profits Monitor performance Possible expansion 4. Local Public Transportation - - - - 3 ( East-~dest Intra City) Work with i~ITC Trial program C: s5 .Page 5 Mayor and City Council Perspective ' Priority No. Target Issues Top High Moderate Low Lowest 5. Noise Ordinance f - - - - 3 Review current ordinance Possible strengthening ordinance Funding 6. Social Services - - - 3 City role Financing Determination of priori- ties Process for determining priorities 7. Energy Program - - - - 3 Commitment Initiation of program I l ~- i 7 ~ CITY OF RICHFIELD, MINNESOTA Office of City Manager Council Letter No. 138 Agenda April 25, 1983 The Honorable Mayor and Members of the City Council City of Richfield Council Memberse Subject: Ordinance Amendment Related to Adjust- ment of the Certification Charge to Delinquent Water and Sewer Accounts City ordinances presently provide for a certification charge of $10.00 on delinquent water and sewer accounts at the time they are certified for collection as a special prop- erty assessment. Attached is an ordinance amendment prepared by the city • attorney's office which would allow the certification charge to be set by council resolution. This provides an easier procedure for adjusting the certification charge when such ad- justment is warranted. Since it is believed the present certification charge may be low when compared to city costs for delinquent water and sewer accounts, it is likely that a resolution adjusting the charge will be presented for council consideration at the time of the second reading. It is recommended that the city council give first read- ing to the attached ordinance amendment and schedule the second reading and public hearing for the i'~ay 9, 1983 city council meeting. Respectfully submitted, Karl Nollenberger City Manager KN/ej a • i AMENDMENT TO CHAPTER VIII, PART II, SECTION 8.12 OF THE ORDINANCE CODE OF THE CITY OF RICHFIELD CITY OF RICHFIELD DOES ORDAIN: Chapter VIII, Part II, Section 8.12 of the Ordinance Code of the City of Richfield dealing with rates and charges for sanitary sewer service is hereby amended by amending subdivision 12 thereof to read as follows: "Subd. 12. Collections. All charges of se~.aer service are due on the quarterly due date specified by the city for the respective account and shall be delinquent 15 days thereafter. It is the duty of the city to endeavor to promptly collect delinquent accounts, and in all cases where satisfactory arrangements for payment have not been made, all such delinquent accounts shall be certified to the city clerk who shall prepare an assessment of the delinquent amounts against the properties served. To each account there shall be added a Certification Charge (Preparation For Certification of Taxes of Delinquent Accounts) in the amount provided for in Appendix D e=-X19-99• This assessment roll shall be delivered to the council for adoption on or before October 1st of each year. Such action may be optional or subsequent to taking legal action to collect delinquent accounts. If the certification includes a certification of a delinquent water bill, the certification charge, when collected, shall be allocated equally between the city's water fund and its sewer fund. Passed by the City Council of tre City of Richfield, r'Iinnesota this day of 1983. John Hamilton, Mayor ATTEST : `~ Sylvia K. Bergh, City Clerk • .~ • CITY OF RICHFIELD, MINNESOTA Office of City Manager Council Letter No. 137 Agenda April 25, 1983 The Honorable Mayor ,~` o ~' and '~''~~ ~° ~ ,~ . Members of the City Council `` '~`~ City of Richfield ~~,~ ~ y J ~' - Council Members: ~-,~,~ ' Subject: 1983 A11ey Maintenance Project Public Hearing In order to implement the alley maintenance policies passed by the city council, it is necessary for the council to initiate a specific alley maintenance project. The maintenance functions to be financed by this special assessment include such work as some rough grading, the cleaning and sweeping of potholes, cold patching and snowplowing. A public hearing on the alley maintenance project has been scheduled for April 25, 1983. Community Services Department personnel estimate the annual cost of this project for the period April 1, 1983 through December 31, 1983, to be $30,000. Of this amount, an. estimated $27,360 would be for alley patching-type work. Alleys which were resurfaced in 1981, 1982 or which are scheduled to be re- surfaced in 1983 would not be assessed for patching type main- tenance. Assessments would vary according to the amount of work necessary on each individual alley. The costs for the repair of an alley will be charged to the property owners abutting the alley. For patching-type maintenance, this would result in an estimated average assessment of about S19 per lot, assuming a 50 foot lot. Of the total $30,000 amount, an estimated $2,640 would be for snowplowing of alleys, whether resurfaced or patched. Weather conditions during the period of April 1, 1983 through December 31, 1983 will 'nave a significant impact on the actual amount assessed. For snowplowing maintenance, this ~~~ou1d result in an estimated average assessment of about $1.10 per lot, again assuming a 50 foot lot. It is recommended that the city council conduct the public hearing and then adopt the attached resolution, ordering this alley maintenance project and special assessment of current services. Respectfully submitted, Karl Nollenberger City :Manager • RESOLUTION N0. RESOLUTION ORDERING ALLEY MAINTENANCE PROJECT X10. 791 WHEREAS, a resolution of the City Council adopted the 11th day of April, 1983, fixed a date for a council hearing on the proposed maintenance of all alleys, and WHEREAS, the owner of each parcel within the area proposed to be assessed for the improvement described in said resolution was mailed a copy of the required notice, and ~,9HEREAS, ten days published notice of the hearing through publication of the required notice was given and the hearing was held thereon on this 25th day of April, 1983, at which all persons desiring to be heard were given an opportunity to be heard thereon. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Richfield, Minnesota as follows: 1. Such alley miantenance is hereby ordered as proposed in Council Resolution No. 6749 adopted the 11 day of April, 1983. • 2. That the city maintenance division be designated to perform these maintenance functions. Passed by the City Council of the City of Richfield, Minnesota, this 25th day of April, 1983. John Hamilton Mayor ATTEST: Sylvia K. Bergh, City Cler'~c • ~~7~' • CITY OF RICHFIELD, MINNESOTA Office of City Manager Council Letter No. 136 Agenda April 25, 1983 The Honorable Mayor and Members of the City Council City of Richfield Council Members: Subject: Purchase in L"xcess of $2,650 The city council, by resolution, has required council approval of purchases of merchandise, materials, equipment or construction when the amount exceeds $2,650. There is one such item on the April 25, 1983 city council agenda. ('nlr7 Mix Cold mix is the asphalt product used for patching of alleys. It is estimated 200 tons of cold mix will be used for the 1983 patching season. Staff contacts with vendors indicate that Commercial Asphalt does not prepare or make available cold m ix, while Bury and Carlson prepares cold mix once a year in quantities and timing not sufficieet to meet the need in Rich- field. McNamara-Vivant does have sufficient quantities avail- able in a timely manner at a 1983 delivered cost of $27 per ton, the same price as charged to the city in 1982. It is recommended that the city council authorize a master purchase order for an estimated 200 tons cold mix at a unit price of $27 per ton delivered, for an estimated total purchase price of $5,400 from McNamara-Vivant. Respectfully submitted, ~~ ~_~ Karl Nollenberger City Manager KN/eaj LJ CITY OF RICHFIELD, MINNESOTA ~ / 7,~"/ Office of City Manager Council Letter i~1o. 135 Agenda April 25, 1983 The Honorable Mayor and Members of the City City of Richf field Council Members: Council Subject: Renewal of Contract for Hotel/Motel Inspections As council members may recall, the city has for several years contracted with the Minnesota Department of Public Safety to conduct the required fire prevention inspections of hotel or motel establishments located within our community. In ex- change for our inspection activity in this matter, the Minnes- ota Department of Public Safety has provided training funds to enable members of the Fire Division to attend annual fire code training seminars at various locations within the State of Minnesota. The program has worked well for several years. It has provided for a timely and comprehensive fire inspection ser- vice for our hotel/motel establishments, as well as providing excellent training opportunities for members of our Fire Division. The contract is currently up for renewal. It is the recommendation of the Public Safety Director, in which I con- cur, that the city council authorize the City Manager and the Director of Public Safety to renew this contract with the Minnesota Department of Public Safety. Respectfully submitted, :~- ~ Karl Nollenberger City Manager KN/eja • CITY OF RICHFIELD, MINNESOTA Office of City Manager 7~D Council Letter No. 134 Agenda Arpil 25, 1983 The Honorable Mayor and Members of the City Council City of Richfield Council Members: Subject: Ordinance Amendment Related to Disposal of Confiscated Firearms. First Reading. Recently the state statutes regulating the disposal of confiscated firearms by local units of government have been amended. This statutory change requires an amendment to our city ordinance provision dealing with the disposal of fire- arms which have been confiscated by our Department of Public Safety. The city attorney°s office has prepared the attached amendment to bring our ordinance code regulation into con- formance with the terms now set forth in the state statutes. The proposed amendment requires destruction of confiscated illegal firearms, and the sale of confiscated legal firearms only to licensed dealers. This is basically a "housekeeping" change to keep our ordinance code provisions consistent with state statutes. It is the recommendation of the Director of Public Safety, in which I concur, that the city council give first reading approval to the attached ordinance amendment and schedule the public hearing and second reading consideration for May 9, 1983. Respectfully submitted, i ,~. Karl Nollenberger City Manager KN/eja • RESOLUTION RESOLUTION DECLARING .COST TO BE ASSESSED AND ORDERING PREPARATION OF PROPOSED ASSESSMENT FOR CITY PROJECT 757 - RECONSTRUCTION OF LYNDALE AVENUE, LAKE SHORE DRIVE TO 74TH STREET WHEREAS, costs have been determined for the improvement of Lyndale Avenue between the center line of Lake Shore Drive and the center line of 74th Street by widening, reconstruction of pavement, curb and gutter, sidewalk, drive aprons, street lights, and traffic signals and the contract price for such improvement is $646,571.80, and the expenses incurred or to be incurred. in the making. of such improvement amount to $10.1,476.15 so that the .total cost of the improvement will be $748,047.95 NOW THEREFORE, BE IT RESOLVED by the City Council of Richfield, Minnesota: 1. The portion of the cost of such improvement to be paid by the city is hereby declared to be $683,613_44, and the portion of the cost to be assessed against benefited property owners is declared to be $64,613.44. 2. That said assessment shall run for a period of 20 years and. include interest at a rate to be determined. 3. The city clerk and city engineer shall forthwith calculate the proper amount to be specially assessed for such improvement against every assessable lot, piece or parcel of land within the district affected, without regard to .cash valuation, as provided by law, and he shall file a copy of such- proposed assessment in his office for public inspection. 4. The clerk shall upon the completion of such proposed assessment, notify the council thereof. Adopted by the council this 25th day of April, 1983. John Hamilton, Mayor ATTEST: Sylvia K. .Bergh, City Clerk RESOLUTION RESOLUTION DECLARING COST TO BE ASSESSED AND ORDERING PREPARATION OF PROPOSED ASSESSMENT FOR CITY PROJECT 772 - SIDEWALK CONSTRUCTION WHEREAS, cost has been determined for the improvement of the following streets by construction of concrete sidewalk: On Side From To 75th Street North Penn Avenue Logan Avenue 76th Street South Lyndale Avenue James Avenue Lyndale Avenue Both 62nd Street 64th Street Lake Shore Drive ~ Both Lyndale Avenue 66th .Street 65th Street South Lyndale Avenue Pleasant Avenue Nicollet Avenue Both 77th Street I-494 Portland Avenue West 77th Street I-494 77th Street South Elliot Avenue Chicago Avenue 12th Avenue West 76th Street I-494 77th Street South 12th Avenue 13th Avenue And the contract price for such improvement is $105:,986.11, and the expenses incurred or to be incurred in the making of such improvement amount to $25,436.67 so that the total cost of the improvement will be $131,422.78.- NOW THEREFORE, BE IT RESOLVED by the City Council of Richfield, Minnesota: 1. The portion of the cost of such improvement to be paid by the city is hereby declared to be $88,354.48 and the portion of the cost to be assessed against benefited property owners is at least 20 percent of the total cost and is declared to be $43,068.30. 2. That said assessment shall run for a period of 5 years and include interest at the rate determined at bond sale. 3. The city clerk and city .engineer shall forthwith calculate the proper amount to be specially assessed for such improvement against every assessable lot, piece or parcel of land within the district affected, without regard to cash valuation, as provided by law, and he shall file a copy of such proposed assessment in his office for public inspection. 4. The clerk shall upon the completion of such proposed assessment, notify the council thereof. Adopted by the council this 25th day of April, 1983. John Hamilton, Mayor ATTEST: Sylvia K. Bergh, City Clerk • RESOLUTION NO. RESOLUTION DECLARING COST TO BE ASSESSED AND ORDERING PREPARATION OF PROPOSED ASSESSMENT FOR C.P. 775 ALLEY PAVING WHEREAS costs have been determined for the improvement of the following alleys by reconstruction and concrete paving: Alley Between From To 62nd Street and 63rd Street 4th Avenue and 5th Avenue 4th Avenue and 5th Avenue Clinton Avenue and 4th Avenue Blaisdell Ave. and Nicollet Ave. Grand Avenue and Pleasant .Ave. Harriet Avenue and Grand Ave. Garfield Ave. and Harriet Ave. Queen Avenue and Penn Avenue Russell Avenue and Queen Avenue Thomas Avenue and Sheridan Avenue Vincent Avenue and Upton Avenue Washburn Avenue. and Vincent Avenue Washburn Ave. and Vincent Ave. Upton Ave. and Vincent Ave. Aldrich Avenue and Lyndale Ave. Queen Avenue and Russell Avenue Queen Avenue and Penn Avenue. 14th Avenue 66th Street 73rd Street 73rd Street 73rd Street 72nd Street 72nd Street 72nd Street 67th Street 69th Street 66th Street 68th Street 68th Street 69th Street 67th Street 76th Street 67th Street 69th Street 15th Avenue 67th Street 74th Street 74th Street 74th Street. 73rd Street 73rd Street 73rd Street 68th Street 70th Street 67th Street 69th Street 69th Street 70th Street 68th Street 77th Street 68th Street 70th Street And the contract price for such improvement is $2.95,085.35, and the expenses incurred or to be incurred in the making. of such improvement .amount to $5.5.,141.15 so that the total cost of the improvement will be $350,226.50. NOW THEREFORE, BE IT RESOLVED by the-City Council of Richfield, Minnesota: 1. The portion of the cost of such improvement to be paid by the city is hereby declared to be $16,023.92, and the portion of the cost to be assessed against benefited property owners is at least: 20 percent of the total cost and is declared to be $334,202.58. 2. That said assessment shall run for a period of 20 years and include interest at the rate determined at bond sale. 3. The city clerk and the city engineer shall forthwith calculate the proper amount to be specially assessed for such improvement against every assessable lot, piece or .parcel. of land within the district affected, without regard to cash valuation, as provided by law, and he shall file a copy of such proposed assessment in his office for public inspection. -2 - 4. The clerk shall upon the completion of such proposed • assessment, notify the council thereof. Adopted by the council of the City of Richfield, Minnesota this 25th day of April, 1983. John Hamilton, Mayor ATTEST: Sylvia K. Bergh, City Clerk i • AMENDMENT TO CHAPTER XII, PART I, SECTION 12.01 OF THE ORDINANCE CODE OF THE CITY • OF RICHFIELD CITY OF RICHFIELD DOES ORDAIN: Chapter XII, Part I, Section 12.01 of the Ordinance Code of the City of Richfield dealing with the disposition of unclaimed property is hereby amended in the following respects: A. By amending subdivision 2 thereof to read as follows: "Subd. 2. P4ethod of Disr~osition. Whenever any property has come into the possession of the city and has remained unclaimed by the owner thereof for a period of six months or more, the city may dispose of such property by sale at p~b~i-e auction or other sale. If such property is a legal firearm, sale may only be to a licensed firearms dealer. In all other cases the sale may be to the public. Such pt~bl~e auction or sale shall be conducted under the direction of the city manager, following published notice in the official newspaper at least 10 days in advance of such sale. All unclaimed properties sold at such public auction cr sale shall be sold to the highest crualified bidder." B. By amending subdivision five thereof to read as follows: "Subd. 5. Items Which MaV be Destrcved. Items of personal property having nuisance potential, such as illecral firearms, dangerous weapons, 11GllOr and narcotics may be destroyed upon order of the city manager. A list of items so destroyed shall be maintained for a period of at least six years following such destruction. Passed by the City Council of the City of Richfield, Minnesota this day cf 1983. John Hamilton , D~ayor ATTEST: Sylvia K. Bergh, City Clerk ~ %~ • CITY OF RICHFIELD, MINNESOTA Office of City Manager Council Letter No. 133 Agenda April 25, 1983 The Honorable Mayor and Members of the City Council City of Richfield Council Members: Subject: Appointments to Advisory Board of Health There are thre vacanties on the Advisory Board of Health for terms which will expire on January 31, 1985. According to state guidelines for advisory boards of health, one-third of the membership should be persons who are health care providers. In order to meet this qualification, the remaining three vacan- cies should be filled by persons who are health care providers. Ms. Rose Jost, Dr. Steven Nelson and Ms. Mary Brekke, all of • whom are health care providers, have made application for appointment to the Advisory Board of Health. Copies of their applications are attached to this council letter. These appointments have been scheduled for the April 25, 1983 city council meeting. Respectfully submitted, Karl `~ollenberger City ~?anager KN/eja • CITY OF RICHFIELD, P7INNESOTA Office of City Manager Council Letter No. 132 Agenda April 20, 1983 The Honorable Mayor and Members of the City Council City of Richfield Council Members: Subject: Bids for the Purchase of $4,950,000 General Obligation Refunding Bonds Pursuant to the resolution adopted by the city council at its meeting of March 28, 1983, bids were solicited for the purchase of the bonds, and bids were opened at 11:00 a.m. this morning. Four bids were received, and all were very competitive (please see the enclosed bid tabulation). The low bid was sub- • mitted by Merrill, Lynch, White-Weld of Minneapolis for the price after discount, of $4,873,600.00. The net interest rate is $8.19%, slightly more favorable than the earlier estimate of the city's financial consultant. Based on this bid, the present value of savings to the city from the refunding is $148,567, compared with the earlier estimated savings of $135,169. It should also be noted that, as expected, the City's AA bond rating remained in effect for this bond issue. Representatives of Evensen-Dodge will be present at the council meeting to review the bids with the council and to respond to any questions. It is recommended that the city council adopt the resol- ution awarding the sale of $4,950,000 General Obligation Re- funding Bonds of 1983 to Merrill, Lynch, White-Weld. ubmitted, s Res ectfully gt ,~ 9 ~ ,C; P 7 ~.~ ~ •` ..~ . _ ~ ~s; Karl Nollenberger City Manager KN/eja /~~ CITY OF RICHFIr'~D, MII~~i1ESC7I'A Office of City Manager Council Letter Nc. 131 Agenda April 25, 1983 The Honorable Mayor and Members of the City Council City of Richfield Council Members: Subject: Resolutions Authorizing Preparation of Assessment Rolls for C.P. 757, 772 and 775 Attached are resolutions declaring the costs to be assessed and ordering the preparation of the proposed assessment rolls for the following city projects: C.P. 757-Reconstruction of Lyndale Avenue, Lake Shore Drive to 74th Street. Total Cost - $748,047.95, assessed portion - $64,613.44 C.P. 772 - 1982 Sidewalk Construction. Total cost - $131,422.78, assessed portion - $43,068.30. ~'-p. 775 - 1982 Alley Paving Project. Total cost - $350,216.5U, assessed portion - 5334,202.58. The following is a comparison of the estimated and actual per abutting foot costs: C.P. 757 - Lyndale Avenue, Lake Shore Drive to 74th Street East Side T,Vest Side Estimate $10.00+ Drive Apron $13.00 + Drive Apron (Variable) (Variable) Actual $9.71+ Drive Apron $11.48 + Drive Apron (Variable) (Variable) C.P. 772 - Sidewalk Construction Residential Commercial Estimate 52.30 $5.76 Actual 2.35 5.87 • Council Letter No. 131 -2- April 25, 1983 C.P. 775 - Alley Paving -- Res ident ia1 Commerical Estimate $18.50 $27.75 Actual $16.25 $24.38 It is recommended that the city council approve the attached resolutions ordering the assessment rolls for these projects. At the May 9, 1983 council meeting, the assessment rolls will be presented to the city council to receive the assessment rolls and set the date for public hearings on these projects. Respectfully submitted, ~~ Karl Nollenberger City Manager KN/eja • • RESOLUTION • RESOLUTION DECLARING COST TO BE ASSESSED AND ORDERING PREPARATION OF PROPOSED ASSESSMENT FOR CITY PROJECT 757 - RECONSTRUCTION OF LYNDALE AVENUE, LAKE SHORE DRIVE TO 74TH STREET WHEREAS, costs have been determined for the improvement of Lyndale Avenue between the center line of Lake Shore Drive and the center line of 74th Street by widening, reconstruction of pavement, curb and gutter, sidewalk, drive aprons, street lights, and traffic signals and the contract price for such improvement is $646,571.80, and the expenses incurred or to be incurred in the making of such improvement amount to $101,476.15 so that the total cost of the improvement will be $748,047.95 NOw THEREFORE, BE IT RESOLVED by the City Council of Richfield, Minnesota: 1. The portion of the cost of such improvement to be paid by the city is hereby declared to be $683,613.44, and the portion of the cost to be assessed against benefited property owners is declared to be $64,613.44. 2. That said assessment shall run for a period of 20 years and include interest at a rate to be determined. 3. The city clerk and city engineer shall forthwith calculate the proper amount to be specially assessed for such improvement against every assessable lot, piece or parcel of land within the district affected, without regard to cash valuation, as provided by law, and he shall file a copy of such proposed assessment in his office for public inspection. 4. The clerk shall upon the completion of such proposed assessment, notify the council thereof. Adopted by the council this 25th day of April, 1983. John Hamilton, Mayor ATTEST: Sylvia K. Bergh, City Clerk • • • RESOLUTION NO. RESOLUTION DECLARING COST TO BE ASSESSED AND ORDERING PREPARATION OF PROPOSED ASSESSMENT FOR C.P. 775 ALLEY PAVING WHEREAS costs have been determined for the improvement of the following alleys by reconstruction and concrete paving: Alley Between From To 62nd Street and 63rd Street 14th Avenue 15th Avenue 4th Avenue and 5th Avenue 66th Street 67th Street 4th Avenue and 5th Avenue 73rd Street 74th Street Clinton Avenue and 4th Avenue 73rd Street 74th Street Blaisdell Ave. and Nicollet Ave. 73rd Street 74th Street Grand Avenue and Pleasant Ave. 72nd Street 73rd Street Harriet Avenue and Grand Ave. 72nd Street 73rd Street Garfield Ave. and Harriet Ave. 72nd Street 73rd Street Queen Avenue and Penn Avenue 67th Street 68th Street Russell Avenue and Queen Avenue 69th Street 70th Street Thomas Avenue and Sheridan Avenue 66th Street 67th Street Vincent Avenue and Upton Avenue 68th Street 69th Street Washburn Avenue and Vincent Avenue 68th Street 69th Street Washburn Ave. and Vincent Ave. 69th Street 70th Street Upton Ave. and Vincent Ave. 67th Street 68th Street Aldrich Avenue and Lyndale Ave. 76th Street 77th Street Queen Avenue and Russell Avenue 67th Street 68th Street Queen Avenue and Penn Avenue 69th Street 70th Street And the contract price for such improvement is $295,085.35, and the expenses incurred or to be incurred in the making of such improvement amount to $55,141.15 so that the total cost of the improvement will be $350,226.50. NOW THEREFORE, BE IT RESOLVED by the City Council of Richfield, Minnesota: 1. The portion of the cost of such improvement to be paid by the city is hereby declared to be $16,023.92, and the portion of the cost to be assessed against benefited property owners is at least 20 percent of the total cost and is declared to be $334,202.58. 2. That said assessment shall run for a period of 20 years and include interest at the rate determined at bond sale. • 3. The city clerk and the city engineer shall forthwith calculate the proper amount to be specially assessed for such improvement against every assessable lot, piece or parcel of land within the district affected, without regard to cash valuation, as provided by law, and he shall file a copy of such proposed assessment in his office for public inspection. -~ CITY OF RICHFIELD, MINNESOTA Office of City Manager Council Letter No. 130 Agenda April 25, 1983 The Honorable Mayor and Members of the City Council City of Richfield Council Members: Subject: Ordinance Amendment Relating to Personal Leave. Second Reading. At the April 11, 1983 city council meeting, the city council gave first reading approval to an ordinance amendment relating to conversion of personal leave benefits to sick leave benefits in certain situations, and scheduled second reading and the public hearing for the April 25, 1983 city • council meeting. A copy of the proposed ordinance amendment is attached to this council letter. The ordinance amendment is a "Housekeeping" amendment which brings the language in the conversion provision up to date with the remainder of the Personal Leave ordinance section. As council members may recall, personal leave was modified in February, 1983, to include General Services employees. The conversion section of the ordinance provides for employees who may be reclassified from an employee group accruing per- sonal leave to an employee group accruing sick leave. The change proposed in the attached ordinance amendment merely recognizes the General Services employees as a group receiving the personal leave benefit. It is recommended that the city council hold the public hearing and give second reading approval to this ordinance amendment at the April 25, 1983 city council meeting. Respectfully submitted, Rarl Nollenberger City ~Ianaaer • Ki~I/ej a • ~u~L:~IDMEN~ TO CF~_ J^L'R II, SECTION 2 33 CF T1 ORDI~i~NCE CODE OF THE CITY OF RICHFIELD CITY OF RICHFIELD DOES ORDAIN: Chapter II, Section 2.33 of the Ordinance Code of the City c` Richfield relating to city employee at~endance and leaves is hereby amended in the following resoects: I. 3y amending Section 2.33, Subdivision 3(')(b) thereof, to read as follows: "(b) Conversion of Sick Deave Benefit. Each employee who becomes eligible fcr oersonal leave and who has accrued sick leave hours sha11 convert such sick leave hours into personal leave hours it accord- ance with the fo nnula developed and amended from time to time by the city manager and set out in the city's Personnel Policy. In the event that an e.*nployee ceases to be classified under the ~?anagement Pay Plan or General Services, but remains ir. the employ of the city, that e_~nplovee's oersonal leave sha11 be~converted • back to the then applicable sick leave benefit in reverse aaDlicatron of the above_Tnent~oned formula then in effect..' Passed by the City Cour_cil of the City of Richfield, ??innesota, this day of 1°83. John hamiltcr., '~aycr r„ J S 7, . --1`~ Sylvia 3ergh, City Clerk -~ CITX OF RICHFIELD, MINNESOTA Office of City Manager Council Letter No. 129 Agenda April 25, 1983 The Honorable Mayor and Members of the City Council City of Richfield Council Members: Subject: Respect for Law Week Proclamation The Optimist Club and their members sponsor and support programs aimed at combating crime and disrespect for law through year-round efforts. "Respect for Law Week" has been set for the week of May 1-?, 1983, and attached to this council letter is a copy of a "Respect for Law Week Proclamation". Council Member • Ludeman, Chairman of this committee for the Richfield Optim- ists, will be present to accept the proclamation on behalf of the Optimist Club at the April 25, 1983 city council meetincr. Respectfully submitted, t Karl Nollenberger City Manacrer Kit/ej a • "RFSP~CT 1=UR LAGI G)~~K" PRUCLA~'~tATIUPJ ~1~I~R~AS, ctc~.me and ~..th e{~{~ec~ upon the .2~.ve~ and pnop- ex~ty o{~ auh c~.~~.zen~s .i~ o{~ u.tma~.t concenn, and .the can~~.nued e~~an~~ o{~ aun .2aca.2 govexnmen~t, c~.~t~.zen~5' ongan~zaz~.on~s and ~nd~.v~.dua.2~5 .to curb ~th~.~ pxob.~em ~.~ gnea~2y appnec~a~ed, and G1N~R~AS, the pnab2em~ o{~ cxtime Mauch and a~{~ec~t a~~ ~5egmen~t~5 a~ oun ~soc~,e~ty, and can undexm~.ne and epode the mana2 and econam~.c ~,~neng~th~s a{~ oun cammun~.~~.e~5 and ~he~n c~.~t~.zen~ ti~ unabated, and GJN~R~AS, pub.~~,c awaxene~~ and de~texm.~na.t~.an ~o ma~n- • ~a~.n the {~a~.~h ~.n .the pne~5enva~~.on o~ haw and anden and the appxec~.a~~.on aU the ~.mpan~ance o{~ haw en~oxcemen.t a{~ U~,cen~s and ~the~.n xo.~e ~n pxe~5exv~.ng ~oc~.a.~ ondex ~in a den,ocnacy ~.~ evenyone'~s ne~spon~s~.b~..~~.~ty, and (~HFR~AS, UpZ~.m~.~~t C.Lub~s and ~the~.n membetc~ con.t~.nue ~ta ~pon~ax and ~uppon~t pnagtcam~5 a~.med a~ comba~~.ng cn~.me and d~.~ne~pec~ ion .haw ~thnough yeah-haund eU~on~~. NUGI, TN~R~PUR~, 8~ IT R~SULV~D .that I, Jahn Ham~.~~ton, Mayon o{~ the C~~ty a~ R~.ch{~~e.~d, do pxoc.~a~.m .the weef~ a{y "~1ay 1 -7, 1983 a~ R~SP~CT 1=UR LAG! ~V~~K and do ja~.n wti~h the Up~~m~~~~5 ~.n caxny.~ng the me~5~age a/ Re~pec~t {pox Law ~ta o~then c~.~t~.zen~s, and by example, exenc~.~e ne~5pon~~.b~e c~.~~.- zen~h~p. DUNS a~t the C~.~ty o~ R~.ch{~~,e.2d, !.1~.nne~o~ta, ~h~.~s 25th day o{y Apn~.~, 1983. • o n amti on ~~fayan ~` r: CITY OF RICHFIELD, MINNESOTA Office of City Manager Council Letter No. 128 ~~ ~ Agenda April 25, 1983 ~, The Honorable Mayor ~~ and ~7 Members of the City Council ~ City of Richfield ~~ Council Members: Subject: Ordinance Amendment Amending Section 2.03 of the City Charter, Relating to Terms of Office of City Council Members First Reading. Attached to this council letter is a copy of a Transmittal Order received from the Richfield Charter Commission, request- ing that the city council consider amending Section 2.03 of the City Charter relating to the terms of office of elective officers of the city. The amendment would delete the phrase "the Mayor shall serve for a term of two years and the at-large and district council members shall serve for a term of three years." and adds the phrase "The terms of office of mayor and all other members of the council shall be three years." The purpose of the charter amendment is to make the term of the office of Mayor (which is presently two-years) three years, the same as the terms of the other members of the city council. It is recommended that approval to this ordinance hearing and second reading meeting. the city council give first reading amendment, and schedule the public for the May 9, 1983 city council Respectfully submitted, _.. ~~~ Karl Nollenberger City :`~?anager KN/eja cc: City Clerk • • 'TRANSMITTAL ORDER To the Honorable Mayor and Members of ti:e Council of the City of Richfield, Minnesota: We, the undersigned, being duly qualified and acting members of the Charter Coirnniss ion of the City of Richfield , Minnesota , do hereby respectfully submit and deliver to you the attached proposed ordinance amending Section of the City Charter of the City of Richfield. We Hereby respectfully proposed, reCGT~3T'~V' cu id ~u,.~""fLit for advt~tiGl'i, by unani-r~us vote of the City Council and approval by the Mayor of the City, the attached proposed ordinance this day of 19. .' • , j' ~' (Y. ' ~'d-. '*. i r - /~ _ ', CHARTER A1`~IENDN!ENT ORDINANCE NO. CHARTER Al`~1ENDMENT ORDINANCE RELATING TO TERMS OF OFFICE OF CITY COUNCIL MEMBERS AMENDING SECTION 2.03 OF THE RICHFIELD CITY CHARTER CITY OF RICHFIELD DOES ORDAIN: Section 1. Section 2.03 of the City Charter of the City of Richfield relating to elective officers of the city is hereby amended to provide as follows: "Sec. 2.03. Elective Officers. The council shall be composed of a mayor ar_d four council members all of whom shall be registered voters. Commencing with 1981 election the offices of mayor and at-large council member shall be filled by election at large. Commencing with the 1982 election the offices of the three district council members shall be elected from apportioned council districts in which they reside. ~'he-mailer-shad-serve-fer-a-term- ef-tare-pears-aril-t~:e-at-lare~e-anc3-elistr~et-eet~r~e~l-me:~ni~ers-sl~a~l serve-fer-a-term-es-three-years- The terms of office of mayor and all other members of the council shall be three nears. The regular term of an office commences on January 1 next following the general election at which balloting for the full term of tr,e office occurs. A candidate for the office of district council member must reside while seeking election and while serving in office within the district from which he or she is elected. A council member who was elected under the at large system prior to the 1981 election and whose term has not expired may continue in office until his term expires. Prior to :March 15, 1982, and every time there is a United States Census thereafter, the city council shall be ordinance establish compact and continuous council districts to be apportioned by population as nearly equal as practicable." Section 2. Effective Date This ordinance is effective ninety (9D) da_ys after its publication, subject to the provisions of Minnesota Statutes, Section 410.12, Subdivision 7. Passed by the City Council cf the City of Richfield, Minnesota this day of 1983. John Hamilton Mayor ATTEST: Sylvia K. Bergh City Clerk .~5. • CITY OF RICHFIELD, MINNESOTA Office of City Manager /(`'~~ ~ ~~ ~ J J ~ ~ r.. ~, ~ The Honorable Mayor '~ ~ an d ;. Members of the City Council ~ ~ City of Richfield L~ m~ Council Members: Council Letter No. 127 Agenda April 25, 1983 Subject: Public Hearing - Additional Sidewalk Con- struction, 1983 Project C.P. 782 At the March 28, 1983 city council meeting, the city coun- cil accepted the preliminary engineer's report and scheduled a public hearing to be held on April 25, 1983 for the proposed construction of a sidewalk on the north side of 64th Street from Portland Avenue to Nicollet Avenue. Installation of a sidewalk at this location was not included in the original sidewalk policy; consideration of this location • was initiated by council request. The estimated cost to con- struct this sidewalk is $33,198. Construction of this sidewalk would require the removal of four trees and the installation of 330 square feet of retaining wall. Because 64th Street is not designated as a Municipal State Aid Street, less than 20 per- cent of the cost will be paid by special assessments, with the remainder to be paid by the city's portion of the special assess- ment bond. The estimated residential assessment is $2.54/assess- able foot. In residential areas, the assessment will be figured from the short side of the lots that abut the improvement. At the close of the public hearing, it is recommended that the city council pass the attached resolution ordering the project. Respectfully submitted, 1 % Karl Nollenberaer City Manager KN/eja • RESOLUTION RESOLUTION ORDERING IMPROVEMENT AND PREPARATION OF PLANS FOR ADDITIONAL SIDEWALK CONSTRUCTION - C.P. 782 WHEREAS, a resolution of the City Council adopted the 28th day of March, 1983, fixed a date for a council hearing on the proposed construction of concrete sidewalk at the following location: On Side From To 64th Street North Portland Avenue Nicollet Avenue AND WHEREAS, ten days mailed notice and two weekly publications of the required notice was given as required by law and the hearing was held thereon on the 25th day of April, 1983, at which all persons desiring to be heard were given an opportunity to be heard thereon, NOW THEREFORE, be it resolved by the council of the City of Richfield, Minnesota: 1. Such improvement is hereby ordered as proposed in the council resolution adopted the 28th day of March, 1983; 2. City Engineer, Michael J. Eastling, is hereby designated as the engineer for this improvement. He shall prepare plans and specifications for the making of such improvement. Adopted by the council this 25th day of April, 1983. John Hamilton,Mayor ATTEST: Sylvia K. Bergh, City Clerk CITY OF RICHFIELD, MINNESOTA Office of City Manager Council Letter No. 126 Agenda April 25, 1983 The Honorable Mayor and Members of the City Council City of Richfield Council Members: Subject: Ordinance Amendment Relating to Causes of Vacancies on the Planning Commission. First Reading. Last November, the city council appointed Vern Luettinger to the Housing and Redevelopment Authority of the City cf Rich- field. At the same time, the council decided to retain Mr. Luettinger as a member of the Richfield Planning Commission. The city staff checked the legality of a person remaining on both commissions, and found no conflict at that time. Recently, the city attorney was undergoing a training session with the planning commission ar,d came across a hereto- fore forgotten section of the ordinance creating the planning commission which indicated that the cause of a vacancy on the planning commission is the "election or appointment to a public office." It could be interpreted that the HRA is a public office. It is Mr. LeFevere's recollection that the intent of the ordin- ance was that the office not be an "elective public office". For that reason, he has drafted an ordinance amendment, which is attached to this council letter, which would clarify the position on that matter. It is recommended that the city council give this ordinance amendment first reading and schedule the public hearing for May 9, 1983. Respectfully submitted, Karl 4cllenberaer City Manager • cc: Community Development Director City Clerk KN/ej a • A'~FNDN`~ENT TO CN.APTER III, PART VII, SECTION 3.68, SUBDIVISION 7, PARAGRAPH (F) OF THE ORDINANCE CODE OF THE CITY OF RICHFIELD CITY OF RICHFIELD DOES ORDAIN: Chanter III, Part VII, Section 3.68, Subdivision 7, sub- paragraph (f) relating to causes of vacancies on the planning commission of the city, is hereby amended to read as follows: "(f) Election or appointment to a an elective public office." Passed by the City Council of the City of Richfield, this day of 1982. .. John Hamilton, Mayor ATTEST: Sylvia Bergh, City Clerk ~9 C CITY OF RICHFIELD, MINNESOTA Office of City Manager Council Letter No. 125 April 11, 1983 The Honorable Mayor. and Members of the City Council City of Richf field Council Members: Subject: Financial Report, Year Ending December 31, 1982 The financial report for the period ending December 31, 1982 has been completed by the Department of Administrative Services. The full financial report is not available at this point, due to the audit provision which calls for our books to be audited by Cummins, Keegan and Company subsequent to April 15. As you are aware, we received a reduced audit fee as a result of the delay in audit time. However, the city charter • of the City of Richfield requires that a financial report be submitted to the city council for year-end information by April 10 of each year. Some of the highlights of the 1982 financial statements which will be presented at the April 11, 1983 city council meet- ing are as follows. The General Fund of the city at year end 1982 had a fund balance of $2,323,00, compared t.o -52,066,000 at the end of 1981. It was anticipated that the fund balance on December 31, 1982 would be $2,178,000. The fund balance in- crease of $145,000 over budget resulted from reduced expendi- tures in the city's operating departments. Total revenues for the year came in $19,000 under budget, while expenditures came in $164,000 under budget. The reduction in revenues was more than offset by the reduced expenditures, providing an increased fund balance. Even with the increased fund balance, there will still be a cash deficit in the General Fund by June, 1983. This will necessitate requesting an advance of property tax payments from Hennepin County in order to make regular accounts payable payments during the month of June. Revenues in the General Fund were $19,000 below budget in 1982 due mainly to the announced cutback in local government aid and homestead credit in December, 1982. This reduction amounted to $80,000 of reduced revenue to the city, which was not anticipated at the time of budget preparation. In addition, • a reimbursement for the warning system construction was not received in 1982 in the amount of $22,500, nor was the expend- iture made. Those items will reappear in the 1983 budget for Council Letter No. 125 -2- April 5, 1983 both revenues and expenditures. • Cable television franchise fees came in $15,000 over the budgeted revenue of $19,000. In addition, interest income, which was budgeted in the amount of $54,000, exceeded estimates by $49,000. Swimming pool and ice arena receipts were off by $6,000 and $15,000 respectively. However, a direct offset in expenditures was also achieved in order to keep the General Fund net cost approximately the same. Without the last minute cutback of local government aid and homestead credit payments by the state government, the city would have experienced a $62,000 revenue gain over its original budget. Normally, the city does have in- creases in certain areas, and decreases in other areas which offset each other. However, in 1982 we were not able to make up the full amount of the last minute cutbacks in state shared revenues. Expenditures in the General Fund came in under budget by $164,000. The Legislative/Executive Department was under budgeted by $25,000, due mainly to decreased legal fees in the latter part of the year. You may recall that we increased the legal budget in September, due to expenditures coming in at a greater than normal level. In the last few months of the year, the expendi- tures were reduced to a more normalized rate. The Administra- tive Services Department came within $7,600 of a $597,000 budget. The Public Safety Department was under expended by $51,000 due • mainly to the capital outlay of $30,000 for a warning system which was not expended in 1982. Likewise, the revenue reimburse- ment from the federal government was not received in 1982. The Community Development Department budget was within $100 of its total $308,000 budget. The Community Services Department came in $80,000 under budget in a variety of different divisions, but it should be remembered that the swimming pool and ice arena showed decreased revenues. These are offsetting expenditure reductions to those revenue reductions. All of the departments showed a continued commitment to the cost containment program which began a few years ago. As a result we were able to en- hance our cash flow position as of the end of the year. Compared to projections, the Water Utility Fund experienced an extremely positive financial position at the end of 1982. It was expected that the cash position would have a year-end cash deficit of $129,000, but instead the deficit was only X150. At the same time, accounts receivable in the Water Fund increased by $77,000 due largely to delinquent water bills. This is a disturbing trend which may take future action by the city council. Retained earnings of the Water Fund increased from $386,000 to $695,000. It was anticipated that retained earnings would only increase to $583,000 by December 31, 1982. In addi- tion, during 1982 the city made its last payment to the Re- stricted Asset Fund for redemption of bonds. There is now enough money set aside in the Restricted Assets of the Water Fund to pay • off the remaining long term bonds of the city. Revenues in the Water Fund were $67,000 higher than originally anticipated, with expenditures being $31,000 lower than originally anticipated, Council Letter No. 125 -3- April 5, 1983 for a net income increase of $91,000. As a result for the first time in six years, the water Fund will be in the black in 1983. This will allow the city to begin its capital improvement program for water meters and other needed improvements at the aging water plant structure, on a pay-as-you-go basis. The Sewer Fund showed profits in 1982 of $155,613, slightly higher than budget for the year. As a result the actual fund balance of $965,202 was up slightly over budget. However, the cash flow in the Sewer Fund took a negative trend in 1982 for the first time in a while. At year end, the cash balance was $30,000 in the red. This was caused by the purchase of a house for storm drainage purposes with the resale delayed until 1983. As a result, the $70,000 resale proceeds are not in the year end figures. In addition, accounts receivables increased in 1982 by $20,000 as persons did not pay their accounts. This will bear watching for future financial conditions in the Sewer Fund. Aslo the Golf Course Fund owes $230,000 to the Sewer Fund which will begin to be paid back in the near future. The Municipal Golf Course Fund experienced a measure of success in 1982, compared to anticipation. We expected to have a net income loss of $7~I,000, but instead experienced only $24,000 loss. This $48,000 betterment of financial condition has gone a • long ways toward helping the Golf Course Fund establish itself. Revenues were $77,000 higher than originally expected, with ex- penses $29,000 higher than originally expected. The additional play which resulted in the extra revenues also caused some extra additonal expenditures, but as indicated, the income was $48,000 greater than anticipated. The fund balance at the end of 1982 of $71,000 in the hole compared to our estimated budget of $118,000 in the hole at the end of 1982. In addition, a negative cash position budgeted of $83,000 for the end of 1982 was actually a positive cash of $14,000. The cash flow was $102,000 greater than expected. If thegolf course operation produces a positive cash flow in 1983, as budgeted for, we will be in an excellent position to come out of a negative retained earnings ar.d pay back the sewer fund for cash borrowed. With the positive financial status of the Golf Course Fund, we were able to eliminate the liquor fund reserve of $90,000 which was required under the bond retirement legal requirements in the event that there were not sufficient restricted assets to pay two times debt service in the Golf Course Fund. Operating revenues in the Golf Course Fund were up by X1.66,000 for a 45% increase over 1981. Operating ex- penditures were up by only $35,000. The Municipal Liquor Operation had a very successful year in 1982. The total revenue of $488,000 compared to $269,000 in 1981. Based on comparisons with our other major competitors, . it appears that St. Anthony had total profits in 1982 of $440,000 and Edina had total profits of around $350,000. If those figures are accurate in their final calculations Richfield would return to first place as most profitable liquor operation in the State I~ U CITY CF ftICi:FIELD, i~!I"; "c^`~ GEi•1ERAL FU~dD C^`~'.PARATIVE BALF.Iv'CE SHEET December ?1, 1982 and 1981 t~S..E T ., Casa - ~;;l~dule 1 Imprest cash and change funds -Schedule 1 Ir.v~str:ents - Schedule 2 Receivables: SpeeiGl assessments accounts DLie from other governments: Housing & Redevelopment Authority of Ric•r,field Richfield School District ~~280 ienr.epin County State of "~linr,esotU City of ti':innetcnka Metropolitan Council Federal Government South Hennepin Human Services Council Inventory, at cost Prepaid expenses Total Assets T ~ r T-~-G~c nnjn n~D C:?L.^"ICS L~ yt3I~~11L., -,. L rU~, i Liabilities Vouchers payable ;accrued salaries payable Accrued FICA payable Accrued PERA payable Duo to other governments: City of Eloomington Richfield School District 'E2~?0 City of Minneapolis Hennepin County Revenue colloctec ir, advance Tot;~l Liabilities Fund Balance: RCS:'rVed I'Or Encumbrances Ir~~orest cash and orange funds Inventory Unreserved: Uncesibnated Total Fund Es'_~noe • 1CT.c:l L1= bl~ltle5 an:. C UnG =alcn :°_ 1882 $ 105 ,196 950 2,185,aL~ 484 ;.0,995 19 ,155 19 , 524 ?7 429 2?,112 1,16;' 5,074 .,.,~ ..2 , c~~ 1,410 !'.12 :"2,511-: ,08.5 '~ 70 , 061 83,905 ?1,35 1,704 ~,,J50 191 ,09~ 15 ,221 05n 1,410 -, ~~c c,~22,. _. FC R'°` ~, .. 181 4 ~,F R °; ,~__~ 950 1 ,2~0 , ~~5~t 1,005 4R 404 _, 17 091 12 '~ ,5~_ 12,~~15 1 ,000,487 ~,!„)~ 2,927 1,18 6~8 ~2,2n ,7 ? ., 4 a 101 ,904 5~`~,214 11,560 5,051 32.197 4 X318 <F0 J , i J Lin ~, ?,.=, 72~ :, 7 ~ ~7n 95^~ 1 ?18 ~~ ~0~7 „L1 See accG[npany~ng not°S t0 flnanclai StOt°~1;OntS CITY CF RI CEIF'yL,; , ,•'I°fPiES~TA GEI~;ERnL FU~;D FGR!~' F-1 n-r ~ -'r CTS lE~ P~ L ^r REVEivUES , E~{PEidDITUR ~c ES , Q-!dr C:-: ?.;!GLS Ii! FUP;D 5t1L~~JCE - EUDGET r. 'ID ~C'i'.JP.L Year Ended December 31, 19^2 `~iltfi Comparative Actual Amcunts for Year ^ ~nred Dece::;ber 31 , 1981 1 i82 '1Uriance- Final Fu~v~orGble 1981 Budget Actual (Unfavorable) Actual Revenues: Taxes X2,445,082 Y2,4~3,06t1 W 37,582 :1,931,002 Cable TV franchise foe 1;,;28 34,125 14,798 Lic~onses and permits 211,000 200,802 (10,198) 178 „74 ?nter~overnmental ?,415,s57 3,344,155 (?1,202) 3,575,015 C.".aroes for services 54?,2G? ^10,910 (?2,2`3) 528,725 F ir.es and forfeits 148 ,15C 14~ ,571 (1 ,479) 11+3 „~'~ ;~iscellaneous 50,500 ~~~ 12~,~,;~ 62,787 133,2oG e.xpenditur? reir,:bursements 2;7,525 218,866 (18,059) 251,305 n Total „evenues 1:31 155 7, , 7,162,291 (18,364) 5,742,210 c,xpenditure: Legislative/Executive 373,507 31.8,049 25,458 320,309 Administrative Services 597,281 58°,61[7 7,5?4 526,511 public Safoty =,5r9,39~` 3,458,955 50,742 ?,181,4?,2 Community Development 308,372 308.25 97 806,%95 Community Service 2,422,514 2,3112,904 79,710 2,288,716 Total Expenditures 7,211 ,652 7,0>~7,811 153,;;41 5,6<3,557 Excess (Deficiency) of Revenues over Expenditures (?0 ,497) 1 14 ,480 1 ti4 , 977 108 ,549 Ct::er Financing Sources (Uses): Transfer frcm Revenue Si.aring Fund- "[oture Center operation 25 ,000 Patrolncn's salaries 20,000 Transfer from ~-iunicipal Liquor Fund 7u ,562 Transfer frcm ;tinter Utility Fund 20,190 Transfer from Sewer Utility Furd 10,692 Transfer to Central Garage- Fire truck reser~~e Tc` ~1 Other Financing Sources (Uses) 1?~U,t•.50 Excess cf Revenue and Other Sources ,,.., over Expenditures and .;then Uses 99 °~` Funa E~lance - Janaary 1 Fund ~~1Gn::e - Dcce::ber ;1 25 , ~~oc 20 , 000 ~, 2 J4 ,/'.i 20 ,195 16,5;2 25 ,Goo GO , 000 (.10 000 ) 1~0 450 - 7,:..,~ , 244 , X30 14" „77 1 13 , 5t:c ,. ...FU 2 n,~~] ~7Q - ~ ~4 hlr, J ,v i U ,~. / )~/ ,J ^~ nG ~, i~~,~12 :2,32%,>° 141~,?77 '2,C ,~ 9 See ~ccon;par.ying notes to financial statements • • CITY OF RIC:-?FI~.,D, '~'I"i1ESC~t: GEPIEP,AL EUiJD SThTEP•~~iT OF ~ EVE.~ILES, COf~~PAPED TO BUDGET Year Ended December 31, 1932 ,tilt,', Comparative Actual Amounts for Year Ended December 31, 1981 1932 Taxes: Current ~d valorem Current ad valorem-fiscal disparities Delin~~u:;nt ad valcre:;: Penalties, interest and forfeited t4x sales Total Less debt service funds property taxes TGta1. TaXeS Cable T'J Fra:nchise r Pe Licenses and Permits: .:usiness licenses ilonbusiness licenses ar.d permits Total Licenses ar.d Perr::its Intergovernmental Revenue: Feder^l: Civil defense reimbursement Energy grant F ~~~.tc . Local government aid Attached machinery aid :iou,estead credit Reduced assessment credit LGw officer training State-aid street :~aintenance Diseased tree control Corr,pre'r~ensive planning ',darning system reir;~bursement Ski trails R:.ciprocal fire prcgrzm Traffic sign inventory Energy grant Surcharge rebate County: Cc;~l•~unity n2a~th services .''`Oblle llCmes Ccr;rr;ut;ity Development Bloc's Grant Total Intergovernmental Revenue ~'ariance- ~'inal Favorable 1981 Budget Actual ( Unfavorable) Actual X2,415,994 x„2,446,9?2 ~ 30,978 ~1,ac0,351 2;5 OQ8 r 5,283 (305) 150,541 35 , OC0 ';3 , 419 3,'119 31 , 967 9,000 7,90 (1,010) 3,14, 2, X90 ,082 2,733 ,~~~ 37 ,532 2,181 ,OC2 250,000 250,000 250,000 2,446,Ov2 2,483,664 37,582 1,931,002 19 X28 ~J 24 , 125 14,'798 91,G00 iC4,167 1?,167 ?3,915 120,000 96,635 (23,?65) 105,05° _11,000 200,802 (10,193) 178,974 15 , 3? 5 ~~c 1 ~n 2, ~;~, =~ 2,000 c~~ X00 ~/ ) J a5 ~?5C 22 , 500 1 2''" ~+ ~~ 1 '`CG i6 ,533 ,,.. uo} 11,437 2,927 2,23 i ,715 2, 1S0 1,C3~,737 1~ Leo ~, •>~ 53 ;? ;. Q 14 2?8 5,555 ~:n ~., !-~6 1 , 330 5,166 4,415 ~5 j1~, 323 !1 '~lii. 2 ,154 , 020' 2,i~6 ;42,001 10,360 .. . 5 <nC ~~~ :5,°15 7,1111 1,27? 13,520 ~7 1 ,0~.3 !4,q7~ ~7,1~~ ~~,415,36? ~3,3~1~=, 165 (ll5,11C) 1~6 (34 499) 10 X60 ~ ~' 6C 7,J 165 7,41 i (22,500) (1 ACC) ~~ 13,520 (1) ;3 ~,'~~ (7 7(~C~) ~ i ,G ~ S(71,202) 3,5?5,015 i vLiv i~_... C Ulv V !1' ~„~'~(T ~ T~~.~~ i. /mar lf~ i~ T. T /''!I~iTT~~ ~r_ ST~.TE~~.~,~ ~ CF R~1, ~:~U~S , ~~.,, ~P._RLD TC EUDGE. (.,'.:,•; i ~ .~E c,DJ Year Ended Dece:rb~vr 31 , i^-~2 ~r4ittl COP.]parat].Ve :dual .~TOUr~tS fOr `!ear Ended DeC~mber `1, 1~1 C'.^.arges for Services: ~en2ral gevernmer,t Deputy Registrar Pub' is SGfety Community Development CG:^runity S~ rvices ~~a1th paNi\ aid n'~GreGtiGn Swi,]].mino pool Le GreI1G Mature Center CG:a~]ur.ity C•~nter TOtal Ci]ar~::~S fcr SerV1CeS roes and Forfeits: '~'ur:icipal court fines FGrfe~ted ~Daii • :iigh~way patrol fines License p~r,Glties TG;.GI F1nes C:nv Ctrl ~~ is 'M'iscellaneous Revenues: nter~st Pent SrcCldl aSSeSS~T]ents Sale cf property Sale cf partial lots Insurance claims and refunds Ccntributicns Recovery-damage to city property Ct~]cr Total '~?iscellaneGUS Revenues Expenditure Reitrbursements: HR: and L/'r./I~; project Ct:]er reimcurse<<]ents Total expenditure ReimbursE~rents Total Revenues 1^`.2 'I~_:riance- Final ravorGbie 1981 Cudgel :~.ctual. (Lnfavcrable) P-.dual NCO `'' 7,5~''~ ~~ (1,402) 1 °C , CCO 180 , 500 500 42,400 18,123 (24,272) 19,500 22,cC0 J~!!r,Q Gn,C 466 (?t~ ) 23,245 1!-x,277 (R,~~ 8) 56 HOC ;~ °98 72 ^^0 00,005 54,160 (5,845) 21,325 198,187 (15,138) 8.,575 11,074 2 ~c8. . . 19,75~~ 24,;22 ~~,903 140,000 11.4,992 (5,008) 2 , 850 4 „95 2 ,145 4~50~~ 3,240 (1,254) 300 ?,4?3 2,6?3 148,150 140,071 (1,479) 5j1 ,OCC 102 ,:334 ,~8 ~ ~?4 4,000 4,131 131 4'' ~~7 1,500 1,47° (21) ,000 1,500 5CC , u 2 3L~ `~C C,~~ 10 ?h~ ,~~ ,.J ~.~.. 10 ~`~ nN ~l./l. ~Cv ~~ ^~ 123,0.7 ~G,"J~ ~V , i'v C 2JC~c~S 21,,205 (14 ti5) ~_ 0,600 2,::,CO (4,C~CC) c'~ 131 1 ~5 ;"'' 1' % `'9 1 ~' 1 `= ;5--' 1 ce c:000r~,panylnE,~ nOt°S t0 flnuriCiCl Staterr,ents 21,420 145 773 2^,1C~ ^7 ~~ . 2,692 21,022 ~? ,532 48,741 191 ,591 ?,~J4 10,744 ~~;~ ,725 135,300 2,385 2,cn7 ~ ~.~,~ 14? ^4 ,iJ 111,486 7,7c~ 2 yl 4,502 293 1 ,401 i ~I ~ , v ~ 1 ~~ ,200 91 ,602 ~c ~~n 2~1 ,~~i7 X0,742,210 • • CITY Cc 1;I~~FIELD, ~•I"i~1ESCTA GE;~IERAL FU~iD ST~.TEN~CPdT Or EXPEiJDITliRES, CC^~'PRED TG ~'JDGET Year Ended December 31, 1982 `rylth CGniparative Actual .^-.mounts fcr Year Ended DeCe:rbor 31 , 1981 1QR,2 Variarce- Fina1 Favorable Budget %CtUal (Unfavorable) LEGISLATIVE/EXECUTIVE: "~yor-Council Personal services Other services and c"arg°s Supplies C&pitai cuti~y TotGi ~~ 27 ,185 4~ 26 ,772 25,327 23,802 5,955 4,166 214 214 5° ,581 55 ,014 ~~ 412 1 , 455 i,. ~' ~9 3,007 Other Agencies: !-;urnan Rights Ccrrlnission iuman Service Council Cable TV Conlnission Storefront Project Charlie C;~:arter Ccrr~ission Total City ,Manager: Personal services Other services and charges Supplies C4pital outlay Total Legal: PerSGnal S;;rV1CES Other services and charges Supplies Tcta1 Total Le~islativ;,/Ex°cutive E~_D~~T?dISTR".TIVE SERVICES: .dministraticn: Personal services Other services and ci~aroes Supplies TOta1 1,i00 1,094 2,972 2,972 14,328 23,230 C7,iU~ G7,~Ul: 3,160 ,,16C ~5C 87 49,420 58,043 91,023 82,532 15,707 16,514 2,808 1,531 70~ -~- 11.1 ,238 ~OO,o77 i'j,6~r 27,58' 125 ,78 105 , 709 100 2? 1~ 134,315 ,~~~ ~48 ~v4~ 71,2r~ ~1 ~~5 2,197 12,196 ~ ~~~, _,~70 C,i~J 7F,C22 ~F,020 6 CS„'02) `-7 J \ J ,' C j / ~ ~~ ~»~1 193 1,277 X00 1- n ~T 107 19 , 569 7. 19 ,~53 25,45 1 1 1981 !-:C~UaI 1; ~' , 029 24 , 2~~0 5,217 r12 G~,? r u~ ~., 7~~ 2,712 17 ,280 26 , 400 3,100 goo r_n ~,~ , :;13 ~~~4 ~~2,~ ~ i~Fl 1, ,-.~~ 2,212 102,169 25,x'88 cj~,,492 1C~ ,9 `C ;~ ~0 ~n4 J ,UJ 11,214 2,553 7'~ ,581 :ITY OF RIC~iFIF~D, "!I'~'.~:ESCT~1 GErJERA.L F UPJD FCF•'°': c' -3 STATEN'~.E`!T OF EXPEt~~(DITL'RES, C0~'~PfiRED TC BUDGET (COtdTI~:UED) Year Ended Decer,:bsr 31 , i982 `,,lith Comparative actual :lmounts for Your Ended Decerlber 31, 1981 1;82 VarlGnCe- Final Favorable 1981 Budgot 9ctual (Unfavorable) '?ctuai aDi~:INISTRATIVE SERVICES: (Continued) Personnel: Personal services Other services and charges Supplies Cupit~l outlay 'I'Otal ~ 47 , 570 ~ 47 , 57~G ;v - 10 ,430 8 , 391 2 ,089 2,700 2,53° 161 1:J0 1n6 504 01,u5C~ 58,606 2,754 w 41 ,991 11,759 2~1~c 55,s?go Youth Employment -Counseling: Personal services 18 ,803 15 ,635 2,168 17 ,;41 Other services and charges 3,975 3,818 157 3,038 Supplies 553 613 50 652 Total 2?,441 21,066 2,375 21,531 Finance Personal services 94,305 94,x•05 - ?6,017 Other services and charges 45,200 45,059 141 20,52 Supplies 6,095 4,745 1,350 5,022 Capital outlay 10; Total 146 , 100 1!'4 ,609 1 ,491 112 ,330 City Clerk: ?~=rsonai services 142,7°0 142,776 4 116,6?3 Other services and charges 1,8,623 18,621 2 9,695 Supplies 14,940 14,938 2 7,175 ~l C~.pit~ outlay 23C 269 11 ='?" --~ Total 17~, 623 1';'6 , 50' 1:~ 1?3 ,41 r.ssessin~: Personal services 16,381 16,192 189 53,534 Other services and charges 93,561'+ 93,179 ?85 64,524 Supplies ~' 700 ~, ? , 3' 2. ~ 419 4 , ='~0 --~ Capital outlay =~1 1 Tota 11 <,045 112,652 99~ 12:;,'39 Tcta1' ad^:inistrativ0 Servlcas 501 ~" ,~~ 1 - __ 64^ "~ , ~" ^ 634 ~ , ~~" 611 ~_o , . PUBLIC SFFETY: Sdrrinistrative S~srvices: Person~.i se~rices 341 ,305 ='41 ,3C4 1 289,770 Other services and charges 55,5e5 65,501 4 52,728 Supplies 16 , 3C0 .o ,2~a ;~ ~ , X72 Capioai outlay `50 ~9~ ~ Total ~ Gn -+23 , 5~.~ h II,~? ^~~ , ~ ~ 7 _. 151 ^ i~ I G .- 3~; , CITY CF RIC:iFILZD, ;°lI:d~;ESCTA GEi~'ERAL FU~dD STATC,I~;/P~T CF EYPEid~ITURES, CCi°':PAREC TO PUDGET (CC?(TIi~.UED) Year Ended December ?1, 1832 E riit" Ccrr,parative Actual Amounts fcr Year r,dod Docerrbsr 31 , 1881 1g3C Variance- Final r avorable 1881 Pudgot =actual (UrfsvorGble) ~:ctual PUELIC SE^.FETY: (Continued) Pclice Protection: Perscnal services w. w1,411,271 ~, r7 ~ :~1,4C5,7,., ^ G I I ,,-.g5 d` ~ Q ..1,2~,;,,~7~~ Ot~~er services and c"arses 255,760 255,532 7~? 311,;.75 Supplies 2~,' ,710 ~" ,50C 3 ,210 30 ,063 Capital outlay 2,500 1,116 1,334 3,876 Total 1 ,597 ,2!11 1 ,587 ,074 10,167 1 ,59!! ,298 Fire Protection: Perscnal services ;72,417 972,387 2G (301,019 Other services and charges 73,110 73,070 40 110,735 Supplies 17 ,950 16 ,144 1 ,506 20 ,991 Capital outlay 1 ~,t12 Tctal 11 ,0~,~477 1 ,C 1 ,911 1 ,5~ 93',337 E:ner;ency Services: Perscnal ServlCOS 5,530 0,575 ~ 8,277 Other services and charges 13,~'=25 12,1C2 1,32? 1!,023 Supplies r 3,22 ~ 1,g o 1,22 g 3,227 Capital outlay 30,500 670 29,330 740 Total 52,730 20,34 32,387 27,267 Inspecticn: Personal services 133,542 12~,03C 5,512 12,433 tither services and charges 131,305 130,556 1,148 140,235 Supplies 1,030 1,025 4 1,274 Capital cutlay 6,523 5,523 ^3 Total X72 ,gOC 26~ ,2~^ ` ,565 270 ,010 Total Public S~=:fety ?,509,Sg8 a,µ53,;;5 5J„~42 ,131,'~~'2 CC^~'~~IUr;ITY DEVELOPME~lT: ^.d;ninistraticr, Personal services =~8 , ~ 1 C 4n , 331 29 4? , 1 C6 Other services ar.d charges 4,024 4,023 1 13,052 Supplies °1 _ ~1 ~;~ .~~ capital cutlay 114 Tonal ,c15 :~, ~:;~ _, ,~ Planning and Zoning: Personal servicos :°,~;2 ~=,;63 " 57,39a Other services and Supplies charges 5,'774 1,700 ;,740 1,69 34 4 ,630 u,20~ Capital outlay 770 Total > 67 , i 46 ,. 67 ,104 :'~2 ,~ 66 , 497 CITY CF RICt;FTEL' 1~1I?'d?; ..,S:;TA GE?;ERAL FU?;D FCRN'. F- STATE~"EiYT CF EXPE'IDITURES, CC':"''PARED TC ~iJDGET (CCPiTI:'iUED) Year Edd Dece~~er 31 , 1932 ',v`ith Comparative Actual Amounts for Year Ended December 31, 1931 1982 Var~_nce- Final Favorable 1981 Bu~:nd :':dual (Unfavorable) Actual CC!°'.~U~IITY DE~JELCP^ -^iT : (Continued ) EnVin:;erin5: Personal services a 48 , 962 :~ '-48 , 94~ ? 14 Y 52 , 672 Cther services and charges 5,373 5,369 ~~ 10,318 St:pplies 1 ,!;6C 1 ,45 % ~ 1 ,946 Capitol outlay 1,!+15 1,415 282 Total 57,210 j7 ,1~9 %1 -~ ,21 cicusing Authority: Personal services 130,890 130,337 3 117,714 Cther services end c~:arges 291 290 1 <~5 Total 131 , 181 131 ,177 4 11 ~' , 049 Total Corrrnunity Development 308 , ?52 308 ,255 97 306 , 599 CC~'~".U?diTY SERVICES: ...::~itilstratlCn Personal service ~Cther servlces and charges 105,220 12,057 101,809 11,955 3,411 92 101,035 20,036 tiupclies 3,792 2,495 1,297 2,1°9 Capital outlay 2,760 1,;89,8 862 1,08^ Tdal 123,c29 113,167 5,652 i2~,~43 Tee Arena: Perscnai services 98,641 95,536 2,1C~' ~6,1~77 Ct.".er services and ci,arges 81,201 ;2,260 S,?41 81,552 Supplies 1',',580 15,8'83 1,597 18,028 C~:pital outlay n39 Total 1~'' 425 1 , 18t1 b7" , J 12 X45 J I lc~ nq„ , i J I , v , Swi~~:ing Pool: Personal services 55,327 r3,~29 2,-198 ~ia c<n Cther services nd charges 25 440 2? 577 1 ~^? ~'' ~'~ Supplies 10,900 9,1?? 1,727 12,112 Total c2 , 157 ~?^ , 079 ~~ , 083 97 , 75 Corrrnunity Center: Personal services 1~T,437 1?3,59'-~ 4 _ ~~'~'~ 122 ~ ,S_.3 Other services and charges 35,119 33,017 2,102 29,143 Supplies 16 ,251 15 ,91° 333 3 ,644 CrpitGl outlay 10,;3`) Tctai ~ 13c,,.n'' ,82,52^ ... '',273 ,. 171,50 CI1 GF ?ICHFIELD, i'I:'~'i:ESGT~~. GEi~ERAL FU:'dD ST1'hTr.'~:EidT OF EXPEidLiTURr,S, CG;~P~^.RED TC BUDGET (CC?~1T1iU ED) Year ended Dece„ber ? 1 , 1;~"2 ';dith Comparative actual Amounts for Year Enu~d D~c~mber ?i 19° 1 1982 Variance- Final Favorable 1981 Budget ~~ctuai (t!rfavorable) actual COM~~'UidTTY EnVICES: (Continued) Recreation: °2rsor,al serv~;:es ~~ 13? , 9~~ ~.~ 12'9 , 80~~ ~ 4 , 152 124 , 9 ~2 Other services and charges 61,138 59,143 1,995 54,5;,8 Supplies 15,785 12,841 2,944 13,0113 Capital outlay ?00 172 128. 458 Total 211,191 201,952 9,229 20?,c21 Nature Center: Personal services 149 ,047 148 ,0''-,~? ,r54 12; ,797 Cther services and charges 19,426 1R ,265 1,i01 20,023, Supplies 10,285 °,872 413 5,859 Capital outlay 0,70G 3,65 2,8?5 2,496 Total 185 , 45 180 , 095 5 , 363 160 ,775 Forestry: • Personal services 91 'ol ~~. ~'' 150 i !! 241 ~ ." q C =0 , Other services and charges 40,230 30,848 9,382 58,702 :;upplles 1,7C~ 1 ~3G > 193 3 ~j >' Capital cutl~:y ,123 2,040 1,OR~ 'Z3 TOCaI 136 , 469 121 , 570 i !' , X99 14 , 322 L/H/`I '~1aint2nance Perscn~:l ser~~~ices (2,055) (2,156) 101 0,133) 'Gtilcr SerV1Ce5 and ChcrQeS 1,687 1,158 529 6J5 Supplies x,500 oR^ 2,911 2,104 Capital outlay ~?0 Tot~:l 3,2?~ ;30,x) 3,,41 2^~ Governrcent Buildings: Personal services 69,707 09,178 529 -'5,727 Other services and charges 96,412 ;9,072 340 ~~2,369 Supplies 10,915 ;,247 1,558 `,,361 Capital outlay 1 ,214 ~ ~ 318 2,715 10:,21 ~., i ,2`e ,~q' JCS ~~- ~JJ ~~~,' 1~2 Par'.~c ~iaint:,r,ance. P2rsonGl ..crvices %9,64 277,255 2,;93 271,c31 Ot~er services and charges .~ 88 792 , ~~ ~'~ ..~, , 2w 12 ~ 98 911 f Supplies 23,200 %5,310 2,c90 ?1,707 Capital cutlGy 2'',14 24,3^ 2,:)04 18,09? T ,.1 ~,7, ~~4 ~; ~~ 1 ~ 1 ~5 ~co Y 42 <t;2 i • CTil vC I?TCr'~i '_~ /, iT*~i..iti..cuT ~EP~;ER~,L FU~r~ F~.B,.. _ _~ STATEh:~~T CF EXPE;DITU°ES, CGM°~-'.RED TC BUDGET (CC~~~Ti~IUEL) Year Ended Decerlber 3 1 , 1982 ',v"ith Co;,?parative ;dual '~r:~ounts for Year Ended Decemder ?1, 1981 19x2 ~Iariance- Fin~l Favcrbie 1~Q1 Budget Actual ~Unfavcrble) tictuGl C;,'~f~'U",TTY SEfiVICES: (Continued) :: vreLtJ: Perscr.al services ~ G~?,~~~n ~~ 2~~2,G16 `° (2,'~1C') ~t:~:er s::rvices and ChGrgeS ? ~ 1 ,2C;; ;~C,795 10,413 Supplies 52,000 50,190 1,°iC CUpital outlay 1,5x0 1,~c3 1~7 Total 578 ,O1 ~ 5?4 ,5^~~ ? ,'-450 Tetal Ccr~^.iunity Services ?_,422,51'-! 2,~42,90~= 79,?1C Total ~xperiditures :7,211 ,85% ~7,C4?,011 ~1b3jS41 See accompanying notes to financial statements ~' 21i~,019 305 y<4 2~J` 3:~ , ~~ .~ cc~ J ~ <4 ~F~ _. 2,298,715 CITY OF RICHFIELD, MINNESOTA WATER UTILITY FUND COMPARATIVE BALANCE S~IEET December 31, 1982 and 1981 ASSETS 1982 1981 Current Assets: Accounts receivable: Accounts $ 2,288 $ 585 Service charges: Billed 175,468 141,127 Certified to county auditor 54,379 31,951 Unbilled services 120,506 101,254 Due from other governments- State of Minnesota 83 Inventory at cost 6,996 4,477 Total Current Assets 359,637 279,477 Restricted Assets Cash with fiscal agent 93,716 616 General bond debt service: Cash - Schedule 1 21,447 5,397 Investments - Schedule 2 400,000 578,000 Total Restricted Assets 515,163 584,013 Deferred Assets: Connection c;iarges receivable: • Edina hookups 1,800 1,800 Private properties 1,383 1,005 Deferred charges - LOGIS contract 8,446 11,261 ,Total Deferred Assets 11,629 14,066 Property, Plant and Equipment: Land 44,500 44,500 Buildings 1,468,519 1,387,954 Office equipment 11,771 10,657 Machinery and equipment 1,674,748 1,632,700 Other improvements 6,539,488 6,539,488 9,739,E 9,615,299 Less accumulated depreciation 3,400,260 3,229,547 Net Property, Plant and Equipment 6,338,766 6,385,752 Total Assets $7,225,195 $7 ,2 3,30 See accornpanying notes to financial statements FORM K-9 LIABILITIES AND FUND EQUITY 1982 Current Liabilities (Payable from current assets): Cash deficiency - Schedule 1 $ 150 VoucY~ers payable 30,838 Accrued salaries payable 4,492 Accrued FICA payable Accrued PERA payable Accrued vacation 16,458 Contracts payable - Construction 11,798 Contracts - LOGIS (due in one year) 2,815 Due to other funds: Special assessment funds 31,379 Total Current Liabilities (Payable from current assets) 97.93a Current Liabilities (Payable from restricted assets): Matured bonds payable 89,000 Matured interest payable 4,716 Accrued interest payable 8,467 Bonds payable-General Obligation (due within one year) 188,000 Total Current Liabilities (Payable from restricted assets) 290,183 Long-term Liabilities (Payable from deferred assets): Deferred revenues - connection charges: Edina hookups 1,800 i Private properties 1,383 Contract LOGIS (net of current portion) 5,631 Total Long-term Liabilities (Payable from deferred assets) 8,814 Long-term Liabilities: ~ 269 518 deposits Customer~ , Bonds payable-General Obligation: (Net of current portion) Water Bonds of 1961 000 85 Water Bonds of 1962 , 000 160 Water Bonds of 1963 , 269 7 Total Long-term Liabilities , 19 1 0 1 Total Liabilities , , Fund Equity: Contributed capital: Property owners' (special assessments) 3,196,500 Municipality (aid in construction) 1,918,861 Federal grant 30,000 Total Contributed Capital 5,145,361 Retained Earnings: Reserved for revenue bond retirement 224,980 Unreserved 694,658 Total Retained Earnings 919, 38 Total Fund Equity 6,064,99° Total Liabilities and Fund Equity $7,225,195 1981 CITY OF RICHFIELD, MINNESOTA WATER UTILITY FUND FORM K-12 COMPARATIVE STATEMENT OF REVENUES AND EXPENSES Year Ended December 31, 1982 and 1981 1982 1981 Operating Revenues: Charges for services: Water sales metered $1,196,851 $ 938,829 Water sales nonmetered 4,762 4,797 Water availability 2,597 2,777 Connection charges 130 433 8 32 420 Customer services Sale of material and supplies , 1,236 1,188 Equipment rentals 11 16 Certification fee 2,700 1,711 Customer service charge 72,174 72,287 Total Charges for Services 1,288,894 1,022,057 Miscellaneous Reveues: Construction labor reimbursement 3,890 738 Other Total Miscellaneous Revenues 13 3,903 10 748 Total Operating Revenues 1,292,797 1,022,815 Operating Expenses: 288 363 266,048 Personal services Other services and charges , 278,278 240,336 • Supplies 184,660 148,724 Depreciation 190,354 189,428 Total Operating Expenses 941,655 844,536 Operating Income 351,142 178,279 Nonoperating Revenues (Expenses): Interest Recovery - Damage to city property Gain on sale of asset Interest expense Fiscal agents' fees Total Nonoperating Revenues (Expenses) Income before Operating Transfers See accompanying notes to financial statements 294 - 1,869 485 2,260 (26,215) (37,024) (458) (476) (22,250) (37,015) $ 328,892 $ 141,264 CITY OF RICHFIELD, MINNESOTA SEWER UTILITY FUND COMPARATIVE BALANCE SHEET DECEMBER 31, 1982 and 1981 ASSETS Current Assets: Cash Change fund Total Cash - Schedule 1 Investments Accounts receivable: Service charges: Billed Unbilled services Prepaid expense - storm sewer study Due from other funds - Golf Course Due from other governments: Metropolitan Waste Control Commission: Operating cost adjustment (1981 and 1982) Total Current Assets • Deferred Assets: Deferred charges - LOGIS contract Special assessments receivable Due from other governments: Metropolitan Waste Control Commission Operating cost adjustment (1982 and 1981) Reserve .capacity Interceptor acquisition contract Total Deferred Assets Long-'Perm Assets: Long-term loan receivable - Golf Course Property and Equipment: Land Buildings Office equipment Machinery and equipment Other improvements Construction in progress ' Less accumulated depreciation Net Property and Equipment Total Assets See accompanying notes to financial statements 1982 $ - 500 500 172 96,766 3,450 (2,291) 98,597 8,446 84 58,063 62,219 1,684,216 1,814,028 ~~n nnn 9,050 479,245 4,093 64 , 256 41,043 69 ,403 7,090 'IRR 77~ 478,318 $2,620,943 1981 $ 14,137 500 - 14 ,~37 175 , 000 172 77,743 11 ,678 2,550 (35,583) 246 ,197 11 ,262 484 (2,291) 65,584 1,747,363 1,822,402 170,000 9,050 298,431 4,093 64 , 256 41,ou3 416,873 '17~ ~Qri 244,277 $2,482,876 FORM K-15 LIABILITIES AND FUND EQUITY • Current Liabilities: Cash deficiency - Schedule 1 Vouchers payable Accrued Salaries payable Accrued FICA payable Accrued PERA payable Accrued vacation Contract - LOGIS (due in one year} Due to other governments: Metropolitan Waste Control Commission 1882 $ 29,585 42,494 2,539 1981 g ,187 2,815 8,836 Total Current Liabilities __95,456 Long-term Liabilities: Deferred revenues: Revaluation gain - Metropolitan Waste Control interceptor acquisition 1,423,544 Contract - LOGIS (net of current portion) 5,631 Total Long-term Liabilities 1,429,175 l`J Total Liabilities Fund Equity: Contributed capital: Municipality Retained earnings: Reserve for change fund Unreserved Total Retained Earnings Total Fund Equity Total Liabilities and Fund Equity 1,524,631 131,110 500 964 , 702 965 ,202 1,096,312 X2,620,943 7,531 1,592 547 246 5,158 2,816 17 , 900 1,502,630 „ ,,„, 1,511,076 1,528,976 131,110 500 822 ,790 953,900 X2,482,876 n LJ CITY OF RIC1iFIELD, ;;II'?'E~OTA ~E~~:~R UTILITY FU1~dn C~::PAP,AT11,'E .1~~1L1°`E~IT ,: REVE'1Or.: !',I:D E P I ,:~., Ye~;r End~:d ~~cerrbcr 31 , 1;`;2 and 1'?;-,1 1~~~2 Qp:=rating Rev^nues: Charges for services: ~car~er user cilarLes Reserve opacity charges Pctir^r connection charges :~.~'~'vJer Certl.fl.c.'atlOn Char~C'S Customer service charge Tot~;l Ch~.r~es for :;ervic•~s I~iisc:~Laneous Revenues: Construction labor and equipment rental ~~.le of material Total ?Miscellaneous R-avenues To~al Operating Revenues Operating Expenses: Cost o services rendered: ?Metro :;ewer c'narges Personal services Cther service and charges SuppLics 1;epreClctlon Total Operating Expenses Operatinj (Less) idonoperatin~ Revenues: Gain on sale of asset: Amortization on deferred revaluation rain Interest: Deferred current value credit R~~scrve capacity Investments Ass~ssm~nts Golf course Total Nonoperatino Revenues Income before Operating Transfers ~:~~ accomp.:nying notes to financial statements ~7°1,13 22,525 2,700 uy,236 851 ,07~I 20 tl 21 225 851,2p9 609,876 159 , 850 66,61 9,~~12 16 ,176 871,95 (20,686) r 0 ~ :, ~.-1:. 131 ~;672~ot13 6~l , 2~)~ 50~ 1 , 6c~5 ~l0,61~1 780,020 P,~~. ?18 1,156 781,136 610,731 13?,236 91,705 9,737 9,7~i2 855,151 C7~~,965) 79 , 055 79 , 036 69,395 72,32 2,206 1,872 3,877 3?,4r+7 35 66 16,200 2,550 175,299 139,3~~ 155,61' ^115,x,79 CITY OF RICHFIELD, N'iINNESCTA MUNICIPAL GOLF COURSE FUND COMPARATIVE BALATJCE SHEET December 31, 1982 and 1981 1982 1981 • ASSETS Current Assets: 100 14 $ - Cash - Schedule 1 $ , Change fund - Schedule 475 475 383 Accounts receivable 728 19 7,912 Inventory , 216 Prepaid expenses Total Current Assets 34,519 8,770 Restricted Assets: Cash - construction account - Schedule 1 - 48,295 Cash - Revenue bond debt service - Schedule 1 11,217 92,895 Investments - Schedule 2 230,000 130,000 Accrued interest receivable 32 8,961 Total Restricted Assets 241,249 280,152 Deferred Assets: Unamortized discount on bonds 16,714 17,651 Property and Equipment: 865 57 57,865 Land Buildings , 389,451 381,702 • Office equipment 4,213 4,122 Machinery and equipment 203,664 203,064 Other improvements 1,228,893 1,203,794 Construction in process 11,605 16,060 1, 9~ 5,391 1, 07 Less accumulated depreciation 189,171 100,778 Net Property and Equipment 1,706,520 1,765,829 Total Assets See accompanying notes to financial statements u1,999,002 $2,072,402 • FORT K-20 U 1982 1981 LIABILITIES AND FUND EQUITY Current Liabilities (Payable from Current Assets): Cash deficiency $ $ 70,034 Vouchers payable 2,193 5,933 Accrued salaries payable 1,699 1,615 Accrued FICA payable 473 Accrued PERA payable 132 Accrued vacation 4,248 5,425 Accrued interest payable- Sewer Fund 3,450 2,550 Total Current Liabilities (payable from current assets) 11,590 86,162 Current Liabilities (Payable from Restricted Assets): Accrued interest payable 13,049 13,375 Bonds payable (due in one year) 35,000 35,000 Total Current Liabilities (payable from restricted assets) 48,049 48,375 Long-term Liabilities Bonds payable (due after one year) 1,200,000 1,235,000 Loan payable - Sewer Utility Fune 230,000 170,000 Total Long-Term Liabilities 1,430,000 1,405,000 Total Liabilities 1,5 5,415 1,540,799 Fund Equity: Contributed capital Municipality :Retained Earnings: Reserved for change fund Reserved for revenue bond retirement Unreserved Total Retained Earnings Total Fund Equity Total Liabilities and Fund Equity 579,689 579,689 475 475 193,200 183,482 (264,001) (230,781) (70,326) (46,824) 509,243 532,865 $1,999,002 $2,072,402 LJ CITY OF RICHFIELD, t~INt~1ESOTA 1`'?UNICIPAL GOLF COURSE FUND FORM K-21 COMPAP,ATIVE STATEMEIJT OF REVEtJ UES, EXPENSES, AND CHANGES IN RETAINED EARNINGS Year Ended December 31, 1982 and 1981 1982 1981 Sales and Cost of Sales: 341. $ 87 $ 63,765 Sales Cost of sales , 48,737 38,181 Gross Profit 38,604 25,584 Operating Revenues: 238 443 303,438 User charge , 42 481 329,022 Net Revenues , Operating Expenses: Personal services 188,257 183,747 Other services and charges 81,456 47 679 64,959 38,637 Supplies Depreciation , 88,560 83,650 Total Operating Expenses 405,952 370,993 Operating Income (Loss) 75,890 (41,971) • Nonoperating Revenues (Expenses): 28 990 30,672 Interest , 318 Tnsurance claim 588 501 Miscellaneous Interest and fiscal charges (95,337) (84,417) P.mortization of bond interest (937) (937) Total Nonoperating Revenues (Expenses) (67,696) (53,863) (Loss) before cumulative effect of changes 834) (95 in accounting method , Cumulative effect of changes in accounting method (2,930) Net Income (Loss) 8,194 (98,764) Other Changes in Retained Earnings: G 696) (31 arage Equipment transfer to Central , Net Decrease in Retained Earnings (23,502) Retained Earnings - January 1 (46,824) 51,940 Retained Earnings December 31 $(70,326) $(46,824) See accompanying notes to financial statements CITY OF RICHFIELD, MIN?JESCTA h;UP]ICIPAL LIQUOR FUtdD COh;PARATIVE STATEh;EPdT OF REVENUES AP]D EXPENSES Year Ended December 31, 1982 and 1981 U • Sales Cost of Sales: Inventory, January 1 Purchases Freight Total Merchandise Available for Sale Less: Inventory, December 31 Cost of Sales Gross Profit on Sales Percentage of Gross Profit to Sales Less: Operating Revenue Deductions Before Depreciation: Operating Expense Operating Income Before Depreciation Less: Depreciation (straight line method) Operating Income J ~~ Nonoperating Revenues (Expenses): Interest - investments Cigarette commissions Telephone commissions Rents Gain on sale of equipment Insurance claims Loss from burglary Bad checks Cash over (short) Total Nonoperating Revenues (Expenses) Net Income Before Operating Transfers See accompanying notes to financial statements Total 1982 1981 $5,517,763 $5,587,620 648,481 836,012 4,211,502 4,357,444 32 , 051 37 , 387 4,892,034 5,230,843 498,344 648,481 4,393,690 4,582,362 1,124,073 1,005,258 20.4 18.0% 486,341 43,931 272,494 36,858 442,410 235,636 41,213 35,542 755 1,954 252 319 8,112 500 100 448 3,360 (3,362) (3,150) (3,040) 45,586 33,891 $ 487 , 995 $ 269 , 527 FOP,I~? K-7 Lyndale Store Cedar Store Penn Store 1982 1981 1982 1981 1982 1981 $2,046,316 $2,086,556 $1,762,523 $1,805,786 $1,708,924 $1,695,278 269,177 307,947 203,742 1,550,066 1,643,113 1,368,572 12,551 14,599 9,003 1,831,794 1,965,659 1,581,317 175,008 269,177 186,394 1,656,786 1,696,482 1,394,923 389,530 390,074 367,600 19.0 18.7 20.9 230,156 265,750 218,175 • 159,374 124,324 149,425 15,958 15,226 14,925 143,416 109,098 134,500 291,654 175,562 236,411 1,394,755 1,292,864 1,319,576 11,044 10,497 11,744 1 ,697 ,453 1,478 ,923 1,567 ,731 203,742 136,942 175,562 1,493,711 1,341,981 1,392,169 312,075 366,943 303,109 17.3 21.5 17.9 242,691 189,401 224,323 69,384 177,542 78,785 ~n I~n~ ~~ ntla 11 101 58,943 164,494 67,595 15,284 13,271 13,165 11,4$7 12,764 10,784 215 758 249 705 291 491 225 240 25 79 2 8,112 500 100 448 3,360 . (3,362) (1,179) (1,570) (1,393) (1,195) (578) (2'75) (532) 71 (929) (511) (233) (1,392) 14,113 12,770 19,227 11,055 12,246 10,055 $ 157,529 $ 121,868 $ 153,727 $ 70,008 $ 176,740 $ 77,651 CITY OF RICHFIELD, MINNESOTA MUNICIPAL LIQUOR FUND FORM K-4 COh1PARATIVE BALANCE SHEET December 31, 1982 and 1981 1982 1981 ASSETS Current Assets: 746 $ 15 $ 11,717 Cash Imprest cash , 150 150 Change funds 8,000 8,000 ~ Total Cash - Schedule 1 23,E 19,8 Investments - Schedule 2 350,000 225,000 Accounts receivable 6 94 Inventory, at cost 498,344 648,481 Total Current Assets 872,246 893,442 Property and Equipment: 826 227 227,821 Land Buildings , 742,206 742,206 Office equipment 19,986 19,863 Machinery and equipment 221,253 214,690 Other improvements 94,215 87,695 1,305,48 1,292,275 Less accumulated depreciation 458,832 415,551 Net Property and Equipment 4 , 54 7 ,72 Total Assets $1,718,900 $1,770,166 LIABILITIES AND FUND EQUITY • Current Liabilities: Vouchers payable $ 257,305 $ 228,732 Accrued salaries payable 6,652 5,414 Accrued FICA payable 1, 8 Accrued PERA payable 5 9 Accrued vacation X7,782 1?,687 Deferred revenue 9 725 Deposit Due to The Special Revenue Fund 143,434 Total Current Liabilities $ 292,473 $ 397,796 Fund Equity: Retained Earnings: Reserved for imprest cash and change funds 8,150 8,150 Reserved for revenue bond retirement 90,000 Unreserved 1,418,277 1,274,220 Total Retained Earnings 1,42 ,427 1,372,370 Total Liabilities and Fund Equity $1,718,900 $1,770,166 See accompanying notes to financial statements •