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EDA Agenda 01-09-2013EDA MEETING Wednesday, January 9th, 2013 6:00 p.m. Mississippi Room - 505 Walnut Street, Monticello, MN Commissioners: President Bill Demeules, Vice President Bill Tapper, Treasurer Tracy Hinz, Matt Frie, Rod Dragsten and Council members Tom Perrault and Brian Stumpf Staff: Executive Director Jeff O'Neill, Wayne Oberg 1. Call to Order. 2. Approve Meeting Minutes: a. October 10th, 2012 Regular Meeting Minutes b. November 14th, 2012 Regular Meeting Minutes c. December 12th, 2012 Regular Meeting Minutes 3. Consideration of additional agenda items. 4. Consideration of approving payment of bills. 5. Consideration of EDA Commissioner Appointment Schedule. 6. Consideration to appoint EDA Commissioners to EDA- Council Purchase Negotiations Team. 7. Consideration of Director's Report. 8. Adjourn. 9. Closed Meeting — Land Acquisition Negotiations 1 MINUTES ECONOMIC DEVELOPMENT AUTHORITY (EDA) Wednesday, October 10, 2012 - 6:00 p.m. Commissioners Present: Vice President Bill Tapper, Matt Frie, Rod Dragsten and Council Members Tom Perrault and Brian Stumpf Commissioners Absent: Bill Demeules, Tracy Hinz Staff: Executive Director Jeff O’Neill, Angela Schumann, Wayne Oberg 1. Call to Order Bill Tapper called the meeting to order at 6 p.m. 2. Approve Meeting Minutes The September 12th, 2012 regular meeting minutes were not yet available for review. 3. Consideration of approving payment of bills Tom Perrault asked for a more detailed record of eligible expenses and repairs related to Lakeland Dental’s relocation. Staff agreed to provide that specific information for EDA review. Jeff O’Neill noted that Dan Wilson has worked to ensure that tenants are protected and that the costs to the EDA are appropriate. BRIAN STUMPF MOVED TO APPROVE PAYMENT OF BILLS FOR OCTOBER 10TH, 2012. MATT FRIE SECONDED THE MOTION. MOTION CARRIED 5-0. 4. Consideration of additional agenda items None 5. Consideration of an update on TIF 1-22 Knockdown Analysis Rusty Fifield from Northland Securities outlined the Knockdown Analysis and provided an overview of the current financial capacity of TIF District 1-22. The analysis determined that $42,000 in excess tax increment had been collected and must be returned to the County for redistribution. $17,500 of this excess will be returned to the City’s General fund. Ten percent of the increment from taxes collected from property in TIF 1-22 could be used for qualified housing projects. Such expenditures must be authorized in the TIF plan, finance the cost of correcting conditions in the redevelopment district, and meet low-income housing requirements. Economic Development Authority Minutes: 10/14/12 2 A portion of the existing fund balance could be used for TIF eligible expenses (not subject to 5 year and pooling limits). This portion is revenue resulting from investment income, state payments, and the sale of land. TIF 1-22 is required to be decertified by 2024. Northland had previously recommended decertifying the district in 2012. Further review indicated that there seems to be more flexibility to use existing resources than initially assumed. There are currently 58 parcels in TIF 1-22. The following three options are proposed for removing the 55 parcels unencumbered by existing obligations from the district. These options only address current parcels and assume 40% of redistributed funds are returned to the City. o Option 1: Decertify TIF 1-22 and redistribute all funding. $1.3 million would be declared excess, filtered through the county, and returned to the City’s General fund. There would be $95,000 in tax revenue resulting from decertification. o Option 2: Decertify TIF 1-22 and retain usable funds for the EDA. There would be an approximate $2.9 million dollar fund balance available ($2.5 million current funds and $384,000 future funds). The City’s General Fund would receive $177,000 as a share of redistributed funds and $95,000 in tax revenue from decertification. o Option 3: Do not decertify TIF 1-22 at this time and use current and future funds as allowed by pooling. This option provides the EDA $2.9 million in current funding and $1.1 million in future funding. Rusty Fifield recommended a variation of Option 3 as it provides a sizable amount of money that can be invested in the downtown. He pointed out that using the allowable 10% in TIF administration funding for related staff time and marketing is a great way to leverage resources rather than spending from the General fund. He also suggested that there may be areas within TIF 1-22 that could drop out and instead be created as independent tax increment districts. Additionally, there are 124 parcels eligible for reinstatement into the district due to a qualifying activity and 14 parcels still under review for activity. 6. Consideration to approve Resolution 2012-88, a Resolution Ratifying Modification to the Tax Increment Financing Plan for Tax Increment Financing District No. 1-5. The EDA is required to define a purpose for funds available in TIF District 1-5 by the end of 2012. Due to the flexibility in pooling allowances and spending in this district, staff asked that the EDA consider modifying the original budget to allow for the reallocation of increment within the district to the West 7th Street Extension project (Minnesota to Elm). Economic Development Authority Minutes: 10/14/12 3 This project is identified as a proposed improvement in the City’s Transportation Plan, and is also included in the City’s current 5-year Capital Improvement Plan as a proposed improvement for 2013. The City Council authorized a feasibility report for the completion of the 7th Street project. Preliminary funding estimates and sources for the project are as follows: Estimated Project Costs $ 1,230,000 Estimated Eligible State-Aid Costs $ 633,700 Estimated Assessments (Deferred) $ 652,290 Staff asked that the EDA allocate all of the available increment in TIF 1-5 ($450,890) toward the 7th Street project to fund much of the deferred assessments. The deferred assessment amount would be applied to the adjoining property and be paid when the land develops. The property owner is interested in cooperating but unable to pay the assessment right away. By utilizing the increment in TIF 1-5 for deferred assessments, the City would be paid back once assessments are levied and paid. Those funds could then be re-used for additional projects that foster economic development. Staff will consider options to address the $150,000-$200,000 funding gap. Brian Stumpf suggested that the gap may be larger because other associated costs have not yet been identified. Rod Dragsten asked why the project is important considering all vacant land and expressed concern that funds would not available for the downtown project. Jeff O’Neill stated that the project would create an important circulation pattern for the City and that there will be other sources of funding available for downtown. As the EDA is not modifying the amount of the original project budget, but rather reallocating funds among the line items, no public hearing is required. The district would be decertified after reallocation. Bill Tapper asked how long assessments can be deferred. Staff said that a date is not typically set until development or sunset. It may be ten years or so before payback. Rod Dragsten asked what if the property owner doesn’t agree to the assessments. Jeff O’Neill noted the road improvements would increase the property value and that would be a benefit to the owner. Wayne Oberg suggested that the 7th Street project would be a good use for these funds. Bill Tapper indicated that he had mixed emotions about spending this money but saw the benefit of connecting Seventh Street through town. Economic Development Authority Minutes: 10/14/12 4 Matt Frie agreed that the project would be a benefit in that it would more easily move traffic through the City even if the downtown redevelopment doesn’t play out as he hoped. Tom Perrault confirmed that funds designated at this time can be used for this purpose in the future. He also stated that, although this wasn’t the transportation project that he’d intended to spend these funds on, he would do so. TOM PERRAULT MOVED TO RECOMMEND THAT THE CITY COUNCIL APPROVE EDA RESOLUTION #2012-88, A RESOLUTION RATIFYING MODIFICATION TO THE TAX INCREMENT FINANCING PLAN FOR TAX INCREMENT FINANCING DISTRICT NO. 1-5. BILL TAPPER SECONDED THE MOTION. MOTION CARRIED 5–0. 7. Consideration of an update regarding TIF Housing District Increment Rusty Fifield indicated that some, if not all, existing housing districts would continue to generate increment beyond their obligation notes until the time of their required decertification. Obligations under TIF District 1-19 (Mississippi Shores) have been met, and the EDA had initially considered decertifying the district. The district has, however, remaining excess increment available for use and is not required to be decertified until 2023. He recommended that the district not be decertified at this time if there may be opportunities to utilize any excess increment to benefit low to moderate income housing. Renovations and expansions may be options for consideration. 8. Consideration to review and approve the EDA General Fund budget for 2013 Due to the current absence of a consistent source of funds necessary to replenish the EDA General Fund, the City Administrator and Finance Director recommended that the City Council continue to fund an amount from the General Fund levy for Economic Development and allocate that amount to the EDA General Fund for marketing, staffing and other administrative activities not associated with a TIF district. The EDA would also be asked to prepare a budget based on a workplan to obtain funding for the following year. This process would result in close alignment of goals of both bodies and provide a funding source for Economic Development/EDA activities. Jeff O’Neill stated that this funding linkage would not limit the EDA authority to what has been approved by City Council. He also pointed out that the EDA would continue to have access to 10% of TIF district funding for administrative costs. Wayne Oberg suggested that, rather than co-funding certain line items, the City Council instead transfer $80,000 to the EDA General Fund where it would be allocated among the line items. In addition, $40,000 would be allocated to TIF administration. Economic Development Authority Minutes: 10/14/12 5 He also noted that he had identified a difference between the city’s TIF 1-22 district report and the 2009 state audit report. An $890,000 entry, which had been transferred in from a closed debt service fund, was reported in the TIF 1-22 account. This entry will be moved to the EDA General Fund as one time revenue and is not recommended to be used for general operating expenses. MATT FRIE MOVED THAT THE EDA ACCEPT AN ANNUAL ALLOCATION FROM THE CITY’S GENERAL FUND TO THE EDA GENERAL FUND AND THAT THE EDA PRESENT A BUDGET REQUEST TO THE CITY COUNCIL EACH JULY FOR FUNDS NEEDED TO ACCOMPLISH A WORKPLAN FOR THE FOLLOWING YEAR. BILL TAPPER SECONDED THE MOTION. MOTION CARRIED 5-0. 9. Director Report Industry of the Year Bill Tapper noted that the IEDC had requested that the EDA provide $500 in funding for the Industry of the Year banquet. Staff will clarify the exact allocation depending on number of event attendees. The Industry of the Year Award & Manufacturer’s Appreciation Breakfast will be held on Wednesday, October 24th at 7:30 AM at the Monticello Community Center. ROD DRAGSTEN MOVED TO RECOMMEND THAT THE EDA PROVIDE FUNDING IN AN AMOUNT NOT TO EXCEED $750 FOR THE INDUSTRY OF THE YEAR BANQUET. BRIAN STUMPF SECONDED THE MOTION. MOTION CARRIED 5-0. Fred’s Auto The Limited Scope Investigation (LSI) on Fred’s Auto has been completed. Closure of the leak site is recommended. The City would likely have limited to no clean up responsibilities subject to Minnesota Pollution Control Agency (MPCA) review. Staff will discuss the findings with Braun Intertec and the Department of Commerce and report back to the EDA. The two invoices that had been submitted to pay for studies costs on the property were eligible for reimbursement through the Petrofund. The not-to-exceed amount has not yet been reached. 10. Items added to the agenda Broadband Conference - Jeff O’Neill invited EDA Commissioners to consider attending an upcoming broadband conference in Danville, Virginia to learn about what other communities have done to use their fiber technology as a tool for economic development. Economic Development Authority Minutes: 10/14/12 6 11. Adjourn MATT FRIE MOVED TO ADJOURN THE MEETING AT 8:13 PM. TOM PERRAULT SECONDED THE MOTION. MOTION CARRIED 5-0. Recorder: Kerry T. Burri ___ Approved: December 12, 2012 Attest: ___________________________________ Jeff O’Neill, Executive Director MINUTES ECONOMIC DEVELOPMENT AUTHORITY (EDA) Wednesday, November 14, 2012 - 6:00 p.m. Commissioners Present: Vice President Bill Tapper, Treasurer Tracy Hinz, Rod Dragsten, Matt Frie and Council Members Tom Perrault and Brian Stumpf Commissioners Absent: President Bill Demeules Staff: Executive Director Jeff O’Neill, Community Development Director Angela Schumann, City Engineer, Bruce Westby 1. Call to Order Bill Tapper called the meeting to order at 6 p.m. 2. Approve Meeting Minutes a) September 12th, 2012 Regular Meeting Minutes ROD DRAGSTEN MOVED TO APPROVE THE SEPTEMBER 12, 2012 EDA MINUTES AS CORRECTED. TOM PERRAULT SECONDED THE MOTION. MOTION CARRIED 4-0. (Brian Stumpf did not vote.) b) October 10th, 2012 Regular Meeting Minutes The October 10, 2012 minutes were not provided. 3. Consideration of approving payment of bills Rod Dragsten confirmed that most relocation benefits have already been paid to those tenants that have relocated. Tom Perrault had some questions about the eligibility of an invoice submitted by the dance studio. Staff noted that tenants are eligible to submit costs related to promoting their relocation. Dan Wilson had approved payment of the invoices. BRIAN STUMPF MOVED TO APPROVE PAYMENT OF BILLS FOR OCTOBER 2012. TRACY HINZ SECONDED THE MOTION. MOTION CARRIED 5-0. (Matt Frie arrived just after the vote.) 4. Consideration of additional agenda items a) Resolution supporting expansion of the Interstate 94 West Corridor City Engineer Bruce Westby summarized that MNSHIP, the Minnesota State Economic Development Authority Minutes: 11/14/12 Highway Investment Plan, revised its approach to investing in transportation funding over a twenty year period. The plan is to be updated every four years utilizing risk management planning rather than performance based planning as had previously been the approach. MNSHIP has identified three options for State transportation funding: A) Allocates all funding to pavement preservation B) Allocates some funding for expansion within the metro beltway C) Allocates 6-8% of funding for expansion outside the metro beltway Westby asked that the EDA approve a resolution supporting Option C which allows for expansion of the Interstate 94 West Corridor from Maple Grove to St. Cloud in response to MNSHIP’s proposed approach. Bill Tapper pointed out that the City’s Industrial & Economic Development Committee (IEDC) also supported Option C as it would promote inter-regional mobility. BRIAN STUMPF MOVED TO APPROVE A RESOLUTION SUPPORTING EXPANSION OF THE INTERSTATE 94 WEST CORRIDOR FROM MAPLE GROVE TO SAINT CLOUD. TRACY HINZ SECONDED THE MOTION. MOTION CARRIED 6-0. b) Sponsorship of Frostbite Challenge 5. Consideration to accept the Limited Scope Investigation for 349 W. Broadway (Fred’s Auto) and Recommendation for Site Closure The Phase II environmental analysis completed at 349 W. Broadway (Fred’s Auto) revealed a fuel oil release on the site most likely resulting from a storage tank located on the rear or north side of the building. Braun Intertec completed the Limited Scope Investigation (LSI) and submitted a report to the Minnesota Pollution Control Agency (MPCA) for review. The MPCA determined that the investigation and/or cleanup adequately addressed the contamination at the site and recommended site closure. MATT FRIE MOVED TO ACCEPT THE LIMITED SCOPE INVESTIGATION FOR 349 W. BROADWAY (FRED’S AUTO) AND RECOMMENDATION FOR SITE CLOSURE. ROD DRAGSTEN SECONDED THE MOTION. MOTION CARRIED 6-0. 6. Consideration to request proposals for identification of front yard underground storage tanks and authorize expenditure for removal of rear yard underground storage tank for 349 W. Broadway (Fred’s Auto) The EDA considered follow-up steps to facilitate the future sale and/or redevelopment of the property at 349 W. Broadway. Staff determined that the underground storage tank (UST) located on the north (rear) side of the building was used after 1987 and is therefore not eligible for the Minnesota Economic Development Authority Minutes: 11/14/12 Department of Commerce’s Abandoned Tank Removal Program. The EDA could choose to pay for tank removal costs through its General fund or require tank removal by a future user or buyer. It has been the traditional role of the City, EDA or HRA to move forward contamination and clean-up in order to facilitate redevelopment. Staff recommended approval of the Minnesota Petroleum SVC quote as it includes all necessary services including sludge testing and tank excavation oversight. Neither the Phase II analysis nor the LSI identified the presence of USTs on the south (front) of the property. Research indicated, however, that the property was previously used as a gas station and it is likely that underground storage tanks used prior to 1987 exist in that location. The Petrofund would pay to remove older tanks at no cost to the EDA. Staff recommended approval of a Request for Proposal process to identify the location, size and contents of any south (front) yard USTs. Tom Perrault asked if removing tanks might jeopardize the opportunity to use TIF funds for later redevelopment at this location. Staff replied that it would be an issue if removal of tanks required tearing down the building. Rod Dragsten wondered if it might save costs to use the same contractor for the front and rear property tank removal and suggested that the EDA wait to remove the tank in the rear yard until it was determined that Petrofunds would be available for the front yard. Brian Stumpf noted that the EDA had not in the past been refused Petrofunds if property had met the criteria. He asked if there was any urgency in moving forward with tank removal. Bill Tapper suggested that it would be useful to make the property suitable for purchase or lease because there is some current interest in the site. Staff plan to check with Braun Intertec to clarify the results of any analysis conducted during Phase II on the inside of the building. TRACY HINZ MOVED TO ACCEPT THE PROPOSAL BY MINNESOTA PETROLEUM SVC TO REMOVE THE NORTH (REAR) UST AND AUTHORIZE AN EXPENDITURE OF UP TO $2,500 FOR TANK REMOVAL AND FLUID DISPOSAL. MATT FRIE SECONDED THE MOTION. MOTION CARRIED 5-1 WITH ROD DRAGSTEN VOTING IN OPPOSITION. MATT FRIE MOVED TO APPROVE A REQUEST FOR PROPOSAL PROCESS TO IDENTIFY THE LOCATION, SIZE AND CONTENTS OF THE SOUTH (FRONT) UST. BRIAN STUMPF SECONDED THE MOTION. MOTION CARRIED 6-0. 7. Consideration of an update on the reSTOREing Downtown project and contract with Economic Development Services As the contract with Economic Development Services is winding down, staff requested Economic Development Authority Minutes: 11/14/12 that Janna King provide the EDA an update as to her work, the progress of downtown planning efforts, the direction that reSTOREing Downtown will take after her contract ends, and her evaluation of the EDA’s role in supporting reSTOREing downtown. Janna King indicated that she had contracted with the City in early February to provide guidance and support to a leadership organization focused on revitalizing the downtown. She was specifically tasked with developing a marketing strategy and providing direction on print and electronic communication. She also assisted city staff with the downtown segment of the developer tour, facilitated website migration, worked with leadership teams and provided limited steering committee support. She summarized that ReSTOREing Downtown Monticello is a seven member private sector steering committee focused on advocacy. The committee developed a vision, a mission, guiding principles, budget, and fundraising, marketing, and communication strategies. They have created a database to keep in contact with and act as ambassadors to area stakeholders. They’ve also developed various flyers to provide information, encourage buy-in and solicit contributions related to the downtown effort. The Chamber of Commerce has taken on role of fiscal agent and provides administrative support and a web presence for the committee. She said that the foundations are in place and proposed a number of recommendations for moving forward with redevelopment.  Do real projects to revitalize the downtown placing priority on developing businesses that generate new tax base. Utilize expiring TIF as seed corn for generating additional tax increment revenue rather than spending TIF on infrastructure.  Market the downtown. The market study provides targets; flyers and websites provide facts; and the strategy lays out approach. Execute the strategy now that the tools are in place.  Coordinate efforts between reSTOREing Downtown and Park board. Plan the interface between the commercial area and the parks/river unique asset with river.  Seek funding for park related improvements (MN Legacy funds, foundations, etc.)  Step up outreach with developers and brokers (MN Shopping Center Association)  Determine role of city staff, consultants, volunteers  Expand volunteer base  Hire a part-time local coordinator  Focus on targeted professional consulting support  Create partnership opportunities: City funding match to stimulate private fundraising Steve Johnson, representing ReSTOREing Downtown, thanked the EDA and the City Council for their support. Bill Tapper thanked Janna King for her work in guiding the project to this point. Janna King said that she had greatly enjoyed her role and was excited about the fantastic opportunities ahead for downtown Monticello. Economic Development Authority Minutes: 11/14/12 8. Consideration to approve 2013 Wright County Economic Development Partnership annual membership dues The EDA had tabled consideration of membership in the Wright County Economic Development Partnership in September pending the final adoption of the 2013 EDA budget. Staff pointed out that membership in this organization provides a net benefit in terms of staff resources in that it acts as a marketing and lead-generating arm on behalf of the City. TRACY HINZ MOVED TO APPROVE AUTHORIZING PAYMENT IN THE AMOUNT OF $2,300.90 FOR 2013 MEMBERSHIP DUES TO WRIGHT COUNTY ECONOMIC DEVELOPMENT PARTNERSHIP. TOM PERRAULT SECONDED THE MOTION. MOTION CARRIED 6-0. 9. Consideration to review and accept the Monticello Business Center Industrial Park Wetland Delineation The EDA had authorized WSB to prepare a wetland delineation for Monticello Business Center in order to clarify the developable area at the industrial park and development limits for potential users. The Wetland Delineation Report was prepared and submitted to the Technical Evaluation Panel and the delineation boundary was altered slightly as a result. It was determined that the EDA has over 50 developable acres available at the Monticello Business Park. Bill Tapper pointed out that the delineation had exceeded budgeted cost. Staff will ask that WSB itemize the budget overrun and speculated that the additional cost may be partially due to the boundary adjustment required. Brian Stumpf suggested that the EDA should have been made aware of the full potential cost. Matt Frie agreed. ROD DRAGSTEN MOVED TO ACCEPT THE MONTICELLO BUSINESS CENTER INDUSTRIAL PARK WETLAND DELINEATION REPORT. MATT FRIE SECONDED THE MOTION. MOTION CARRIED 6-0. 10. Director Report Fred’s Auto - Two users are potentially interested in the 349 W. Broadway property. Staff recommended the EDA delay such discussions until interior and exterior contamination analysis and actions have been completed. The property title objection has cleared. Ace Hardware Relocation - After detailed discussions and financial analysis regarding the possible relocation of Ace Hardware to either Block 34 or the former Walgreen’s site, store owner Shawn Grady determined that expansion at the current store location is the best alternative for his business. He will work with Community Development to determine appropriate land use applications for expansion. Embracing Downtown Activity - Relocations for Montgomery Farms are proceeding. Economic Development Authority Minutes: 11/14/12 6 TIF District 1-5 - The City Council ratified the use of TIF 1-5 excess increment for the West 7th Street Extension project. Economic Development Chapter – Comp Plan - The small group of EDA, IEDC and Planning Commission members had some specific recommendations for updating the baseline data of Chapter 4 of the Comp Plan. The next step will be to consolidate data and focus on amending goals and policies. Update on Economic Development Position - Staff has recommended that the Personnel Committee approve hiring an Economic Development Director. Staff will prepare a job description for consideration. MYSA Project – The MYSA membership recently decided not to move forward with plans for a new soccer facility in the area on a vote of 60-40. Staff are hopeful that discussions will continue to evolve. Broadband Conference – Jeff O’Neill attended a recent conference in Danville, Virginia to learn about broadband opportunities. TIF 1-22 Analysis - Staff will bring forward a series of decisions to the EDA related to TIF 1-22 Knockdown in December. 2013 Workplan - Staff suggested scheduling an informal work session for the purpose of preparing an EDA workplan for 2013. BRIAN STUMPF MOVED TO SCHEDULE A SPECIAL MEETING TO DISCUSS THE 2013 EDA WORKPLAN FOR WEDNESDAY, DECEMBER 19, 2012 AT 6:00 PM. MATT FRIE SECONDED THE MOTION. MOTION CARRIED 6-0. 11. Consideration of items added to the agenda a) Sponsorship of Frostbite Challenge The EDA had, in the past two years, sponsored the Frostbite Challenge with a funding commitment. Sandy Suchy from the Monticello Chamber of Commerce asked that the EDA provide funding to also sponsor the 2013 event. Bill Tapper pointed out that, because the event is no longer nationally sponsored, the potential economic development benefit to the City would be limited. Sandy Suchy indicated that the event would be advertised but would now be expected to draw participants within a 30-35 mile radius. Economic Development Authority Minutes: 11/14/12 7 Staff noted that this sponsorship is not specifically a budgeted expense but that it could be funded through the EDA marketing budget. Tom Perrault stated that he’d rather that the event be supported by businesses that would directly benefit from it. Bill Tapper pointed out that the EDA does not sponsor other local events. TOM PERRAULT MOVED TO NOT PROVIDE FUNDING FOR SPONSORSHIP OF THE FROSTBITE CHALLENGE. BILL TAPPER SECONDED THE MOTION. MOTION FAILED 3-3 DUE TO A LACK OF A MAJORITY WITH TRACY HINZ, BRIAN STUMPF AND MATT FRIE VOTING IN OPPOSITION. Tracy Hinz asked about sponsorship level options available and how funding might be used to support the event. Suchy indicated that sponsorships could be funded at any amount and designated as requested. TRACY HINZ MOVED TO APPROVE PROVIDING $1,000 IN FUNDING FROM THE 2013 EDA MARKETING BUDGET FOR SPONSORSHIP OF THE FROSTBITE CHALLENGE. BRIAN STUMPF SECONDED THE MOTION. MOTION FAILED 3-3 DUE TO THE LACK OF A MAJORITY WITH MATT FRIE, TOM PERRAULT AND BILL TAPPER VOTING IN OPPOSITION. 12. Adjourn TOM PERRAULT MOVED TO ADJOURN THE MEETING AT 7:41 P.M. BILL TAPPER SECONDED THE MOTION. MOTION CARRIED 6-0. Recorder: Kerry T. Burri ___ Approved: December 12, 2012 Attest: ___________________________________ Jeff O’Neill, Executive Director MINUTES ECONOMIC DEVELOPMENT AUTHORITY (EDA) Wednesday, December 12, 2012 - 6:00 p.m. Commissioners Present: President Bill Demeules, Matt Frie, Rod Dragsten and Council Member Tom Perrault Commissioners Absent: Council Member Brian Stumpf, Vice President Bill Tapper, Treasurer Tracy Hinz Staff: Executive Director Jeff O’Neill, Angela Schumann, Wayne Oberg 1. Call to Order President Bill Demeules called the meeting to order at 6:00 p.m. 2. Approve Meeting Minutes TOM PERRAULT MOVED TO TABLE THE OCTOBER 10TH, 2012 AND THE NOVEMBER 14TH, 2012 REGULAR EDA MEETING MINUTES. MATT FRIE SECONDED THE MOTION. MOTION CARRIED 4-0. 3. Consideration of additional agenda items None 4. Consideration of approving payment of bills Angela Schumann confirmed that the cost overrun for the wetland delineation invoice presented for approval last month had been related to the boundary adjustment requested by the TEP panel. Rod Dragsten asked about McComb Group expenses and Campbell Knutson attorney fees. Staff indicated that the last McComb Group invoice had been authorized for payment. Jeff O’Neill pointed out that the EDA will continue to see invoices related to attorney services as Campbell Knutson provides ongoing legal assistance to the City. Tom Perrault asked about a number of downtown expenses. Staff indicated that these had been coded to the EDA because they are eligible business relocation costs. TOM PERRAULT MOVED TO APPROVE PAYMENT OF BILLS THROUGH DECEMBER 12TH, 2012. ROD DRAGSTEN SECONDED THE MOTION. MOTION CARRIED 4-0. 5. Consideration to adopt resolution 2012—115 adopting the TIF Analysis and Management Plan for TIF District No. 1-22 and approving return of tax increments Economic Development Authority Minutes – 12/12/12 from Tax Increment Financing District No. 1-22 to Wright County Tammy Omdahl presented the TIF 1-22 Management Plan prepared by Northland Securities. The plan provides an overview of the district’s history, function, obligations and future capacity and accomplishes the objectives originally intended by the EDA. TIF 1-22 is a redevelopment district required to decertify by the end of 2024. Two existing obligations (3 parcels subject to PAYG agreements) will remain in place. The TIF knock down analysis indicated that $42,000 in increment must be returned to Wright County to be in compliance with statutes. The City will receive approximately $17,300 through redistribution of the increment as General Fund tax revenue. The percentage of the distribution is based on current tax rates. There was some discussion about qualifying activities which would allow for the reinstatement of a parcel into the TIF District. Each parcel should be evaluated based on current site circumstances and future revenue potential. Parcels are added back at current tax value. Bill Demeules asked if there was a timeframe involved in reinstatement. Omdahl clarified that a parcel could be reinstated into the district to capture increment at any time. Jeff O’Neill asked about the Cedar Street Garden Center. It may be an option to consider reinstating the parcel into the district as it is no longer a redevelopment site. Rod Dragsten asked if the EDA could reinstate a parcel in anticipation of a qualifying activity. Umdahl suggested that there is no downside to doing so. The parcel would only generate increment if there are improvements. Another option might be to create a new redevelopment district on a qualifying parcel. A parcel might qualify, for example, if there was an old building on the site and an expectation that the parcel would create increment as a separate TIF District. Omdahl summarized that pooling capacity, or the ability to spend a portion of existing and future tax increments, depends on the number of parcels kept in the district. The existing fund balance in TIF 1-22 is $2.97 million. A portion of this balance can be spent for TIF-eligible expenses. Seventy-five percent of the tax increment must be committed or obligated within the first five years. Twenty-five percent of TIF collected from property can be pooled (including administrative expenses). Tax increment revenue not collected from property (investment income and land sale proceeds) is not subject to 5 year rule and pooling limits. Dollars can be spent in the district or within the development project area. The EDA can choose to increase pooling by 10% but the funds must be spent on housing or returned to the county for redistribution. Use of existing funds must be authorized in the TIF plan and spent on the cost of correcting Economic Development Authority Minutes – 12/12/12 conditions that allowed the city to create a redevelopment district. If funds are used for housing, the project must be qualified as affordable. Future tax increments would be subject to the same restrictions. Only a portion of future revenue is usable. All other revenue is considered excess and is subject to redistribution. Omdahl presented three financial scenarios for EDA consideration: a. No decertification of parcels and use current and future funds as allowed by pooling b. Decertify parcels and retain “usable” funds c. Decertify parcels and redistribute all funds Scenario A maximizes dollars available for economic development in that it opts to retain the tax base as long as possible. Northland recommends these next up steps:  determine if there is a reason to collect future increment  determine if any parcels should be reinstated  determine if usable funds should be retained or redistributed  make a spending plan for usable funds and modify TIF plan  act to decertify parcels if needed  determine funds for redistribution Matt Frie asked if it would be an option to use TIF funds for transportation projects such as reconstructing an intersection. Omdahl clarified that such a use would not be eligible. ROD DRAGSTEN MOVED TO ADOPT RESOLUTION 2012-115 ADOPTING THE TIF ANALYSIS AND MANAGEMENT PLAN FOR TIF DISTRICT 1-22 AND APPROVING RETURN OF TAX INCREMENTS FROM TIF DISTRICT 1-22 TO WRIGHT COUNTY. MATT FRIE SECONDED THE MOTION. MOTION CARRIED 4-0. 6. Consideration of 2013 EDA Appointments City records indicate that the EDA term held by Bill Demeules expires in December 2012. Demeules agreed to serve another term. Staff noted that the EDA commissioner term schedule will be corrected so that all terms are appropriately staggered as required in the bylaws. ROD DRAGSTEN MOVED TO RECOMMEND THE APPOINTMENT OF COMMISSIONER DEMEULES FOR A SIX-YEAR TERM ON THE MONTICELLO ECONOMIC DEVELOPMENT AUTHORITY. TOM PERRAULT SECONDED THE MOTION. MOTION CARRIED 4-0. EDA Agenda – 12/12/12 City Council will ratify appointments as recommended by the EDA on January 14th, 2013 and appointments will be retro-active to January 1st. The EDA will appoint officer positions at its annual meeting in February per EDA bylaws. The enabling resolution will also be updated at that time. 7. Consideration of Director’s Report Fred’s Auto-A Request for Proposal for locates of front yard underground storage tanks was posted on the City’s website and sent to qualified contractors. Danville, Virginia Broadband Conference-Jeff O’Neill attended an out-of-state telecommunications conference promoting economic development through use of broadband systems. The City of Danville, Virginia utilized funding from a tobacco settlement and their electric utility to jumpstart their technology investment. They’ve established an open access fiber optics network serving businesses and schools and a high tech cyberpark. Their business incubator approach has been successful in developing jobs in underutilized buildings. Telemedicine, education, and utility system applications are also becoming a viable way to utilize high speed and save public money. Bristol, Virginia provides IT related support for local businesses at its head end building. There are elements in place to create a data center in Monticello. This would involve a financial and human resource investment to expand and market the scope of local technology. Mark Pultusker continues to work with staff to find opportunities to ensure the success of FiberNet Monticello. 8. Adjournment Bill Demeules indicated that the EDA Workshop scheduled to follow the regular meeting would be postponed until January due to the number of Commissioners absent. Staff noted that this would enable the City Council to participate in the workshop as well. ROD DRAGSTEN MOVED TO ADJOURN THE MEETING AT 7:05 P.M. TOM PERRAULT SECONDED THE MOTION. MOTION CARRIED 4-0. Recorder: Kerry T. Burri ___ Approved: January 9, 2013 Attest: ___________________________________ Jeff O’Neill, Executive Director 4. Consideration of approving payment of bills. (AS) A. REFERENCE AND BACKGROUND Included are the previous month's invoices for approval of payment. B. ALTERNATIVE ACTIONS 1. Motion to approve payment of bills through December 2012. 2. Motion to deny payment of bills through December 2012. 3. Motion of other. C. STAFF RECOMMENDATION City staff recommends approval of payment for submitted invoices. D. SUPPORTING DATA A. Invoices through December 2012 that have not received prior approval. 19 A • 1� 0 z 0 w A O z Q� y ❑�{ N � O O O N � N N cd �"� G N N N .Ni 0 Cd P-1 c o Uj L rte, q A lull A •V A A A A y O 1 O O V I ,fi O 1 O rn I T O LA to 00 O O In 0o M O O 00 d0 O 4 O ry 00 00 l� 00 1n O O d' d' 01 m nl M M Ymi h rn O L_ N N N O O� 0 0 0 00 ❑�{ N � O O O N � N N cd �"� G N N N .Ni 0 Cd P-1 c o Uj L N q lull A A A O 1 O O V I ,fi O 1 O rn I T O LA to 00 O O In 0o M O O 00 d0 O 4 O ry 00 00 l� 00 1n O O d' d' 01 m nl M M Ymi h rn O L_ N N N O O� 0 0 0 00 O O O 6 O O� Qi 01 O O O N � N N o N N N N N N lull A A A A A 'o P o q y A d y d q a d �� o0 A 12 h o �7 C7 zzrA V� U 0 0 R O O U UO O W � O 0 0 0 o o � w w z O O O 6 O O� Qi 01 O O O N IT �r m m m m N N N N 20 O ON c' M R O O T 01 T Q+ N �r q' Cq N N m N 'CI � i r, N O N N Q q b co N .-i tl 0 H �o �i A O F4 V y N A 21 N CA P-� H N O N h O N r-r p� O U �y G O U H :! /e 1 r WSB w : ® .4ssociaies, Inc. Engineering [ Planning 1 Environmental 1 Constructllli d'c City of Monticello November 16, 2012 Attn: Wayne Oberg, f=inance Director Project No: 01494 -550 505 Walnut Sheet, Suite 1 Invoice No: 6 Monticello, MN 553628831 Monticello Business Center Wetland Services Professional_ Services from October 01, 2012 to October 31, 2012 Professional Personnel Environmental Documents Pittman, Bryan Totals Total Labor Billing Limits Total Billings Limit Hours Rate 2.00 79.00 2.00 701 Xenia Avenue South Suite 300 Minneapolis, MN 55416 Te1:763 -541 -4800 Fax; 763- 541.1700 NOV 2 1 2012 i K Amount ... _� . .. •. ` 1'5'8.'00 - ... .. 158.00 i 158.00 Current Prior To -Elate 168.00 6,448.75 6,606.75 6,606,75 Total this Invoice $158.00 Comments: Final update to wetland delineation report maps. Approved by: Reviewed by: Bret Weiss Project Manager: Shibani Bisson Minneapolis 1 St. Claud Equal Opportunity Employer 22 Economic Development Services, Inc. December 3, 2012 Angela Schumann, Community Development Director City of Monticello 505 Walnut Street, Suite 1 Monticello, MN 55362 -8831 Invoice Economic Development Professional services for November 2012 15.25 hours @ $150 /hour Mileage Monticello (88 miles) @ $.555 —1 trip [Note: balance remaining on contract: $52.08] z $2,287.50 48.84 Total $2,336.34 Please make checks payable to Economic Development Services, Inc. ikingi;�xco A eve!up. c rn 612 925 2013 1C`fln a Sf7r.;: I i t? llx, {'i 55610 23 Invoice NORTHLAND SECURITIES INC Il7VOICe I�L11111ie1'; 45 SOUTH 7TH STREET' NORTHLAND SECURITIES 3n71 SUITE 2000 MINNEAPOLIS, MN 55402 F -; Invoice Date; USA 11/14/12 Voice; 612 -851 -4915 Page; Fax. 6:12 - 851 -•5951 Sold To: City of Monticello Wayne Oberg, Finance Director 505 Walnut Street, Suite 1 Monticello, MN 55362 Custorner PO Payment 'Iferms Sales Rep ID Due Date TIP 1 -22 Review Net 30 Days 12/14/12 Description Amount ]?qX' Services related to TIF Distxict Flo. 1 -22 Review. Please see attached detail, 2, 360.00 NOV 1 5 2012 Subtotal 21360.00 Sales Tax Toral Invoice Amount 2,360.00 Chock No: Payment Received TOTAL Northland Securities, Inc. 45 Sonrh 71h Street, Suite 2000, Minneapolis, MN 55402 tbn P,,e 1 -800- 851••2920 Nw4 612- 851 -5900 n,R 612- 851 -5987 www, northlandsecuri ties.com Member FINRA and SIPC 24 NORTHLAND STRATEGIES Special projects Growp HrN 1 5 2012 INVOICE SUPPLEMENT Client: City of Monticello Project: TIF District No, 1-22 Review " s Contact; Wayne Oberg " r City of Monticello 505 Walnut Street Suite 1 Monticello, MN 55362 Billing Pexao& October 2012 Services Performed • Prepare memo of findings and recommendation RDA presentation • Meeting with city staff • Prepare draft TIF management report for TIF 22 Staff Time Position Senior Professional .Professional Support Total Staff Expenses Mileage Printing Other (adjustment to stay within budget) Total Expenses Tout This I'eoq. Project Summary Total Budget (contract pending execution by City) Billed This Period Billed Previous Budget Remaining Northland Securities, Inc, 25 aSa13Tii 19.00 19.00 BatE Billable $160 $3,040.00 $135 $0.00 $105 _ $0.00 $3,040.00 $0.00 $0.00 ($680.00) ($680.00) $2,360.00 $ 4,120,00 ($2,360.00) ($3,200.00) $(1,440.00) Page 2 of 2 oio MCCOMB GROUP Ltd. ❑D❑ R B T A I L ECS0 N S U L T A N T 5 n„ November 2, 2012 ' Statement #4050 CITY OF MONTICELLO 505 Walnut Street Monticello, Minnesota 55362 Attention; Mr. Jeff O'Neill STATEMENT — RK ACE HARDWARE AND BLOCK 34 Previous Balance $ 10,911,21 Payments Received $ 10,911.21 Professional Services & Exnenses Maximum amount per agreement $ 35,000,00 Less: Amount previously billed and paid (33,465.11) Subtotal 1,534,89 Total $ 1,534.59 BALANCE DUE $ 1,534.89 Terms: Net ten days, Interest (at a rate of 1.5 percent per month) will be charged on all balances outstanding at the end of the month, 222 South Ninth Street Suite 380 Minneapolis, Minnesota 55402 • (612) 339 -7000 Fax: (612) 338 -5572 26 GWINON Invoice submitted to: City of Monticello Jeff O'Neil, City Administrator 605 Walnut Street Monticello, MN 55362 .. s Wilson Development Services, LLC 510 North Chestnut Street, Sulte 200 Chaska, UN 5531B 952.448.4630 800.448.4630 FEIN 26- 1629971 .�.:� Nov. q ..... , . . rVy I 2012 F�F P S Invoice Date Invoice Number last Did Date November 14, 2012 2'2992 10110/2012 In Reference To: Acquisition & Relocation Services- Montgomery Farms Professional Services 4k 3 Nrs /Rate Amount Archambault, Tawhnee -112 E Broadway #1 1018/2012 LGT Time 0,10 9.50 Call from Angela regarding windows open, ok. to board up apartment? 95,001hr Yes Archambault, Tawhnee -112 E Broadway #1 SUBTOTAL: Barbara Lee's Dance Studio 9/2612012 JFC Time Prepare final moving claim for tonant. Barbara Lee's Dance Studio 9/2712042 JFC Time Review Final claim with Dan, Discuss expense items with client. Barbara Lee's Dance Studio DHW Time Review claim with John Barbara Lee's Rance Studio 10/1/2012 JFC Time Obtain corrected invoices from move supplier and revise final relocation claim for tenant, Phone call with tenant to discuss claim 27 C 0.10 9.60' 2.00 190.00 95.00 /hr 0,70 66.50 95.001hr 0.30 33.00 110.001hr 1,30 123.50 95.001hr City of Monticello Monticello- Montgomery Farms Page 2 Hrs /Rate Amount S status, Barbara Lee's Dance Studio 10/3/2012 JFC Time 0.50 47.50 Reviewed with Dan and revised tenant claim #12. 95.00 /hr Barbara Lee's Dance Studio 10/4/2012 JFC Time 0.40 $8.00 Prepared mailing of Claim #2 and mailed to tenant for signature, 95.00 /hr Barbara Lee's Dance Studio 1015/2012 JFC Time 0.20 19.00 Phone call with tenant regarding status of Claim #2 95.00/hr Barbara Lee's Dance Studio 10/8/2012 JFC Time 0.70 66.50 Processed final check request, Prepared cover letter, scanned letter 95.00 /hr and claim detail and emailed to the City of Monticello. Barbara Lee's Dance Studio SUBTOTAL: [ 6.10 584.00' BL Used Bike Shop T 1018/2012 LGT Time 0.20 19.00 Cali from /to Rob. Left message for Angela, Call to Angle regarding 95.00 /hr no heat in building. Angie will follow up, Notes to file Call from Angie - heat is on BL Used Bike Shop 10/15/2012 LGT Time 0160 47.50 Received signed claim for search fees, scanned claim, drafted check 95.00 /hr request and emailed to Angela and Angie BL Used Bike Shop 10119/2012 LGT Time 0.60 57.00 Edited prepared 90 day notice, copied and mailed regular and 95.00/hr certified mail to home address BL Used Bike Shop SUBTOTAL: [ 1.30 123.50; Bregeenzer, Reece 112 E Braodway #2 10/8/2012 LGT Time 010 9.50 Call from Angela regarding windows open, ok to board up apartment? 95.00 1hr Yes Bregenzer, Reece 112 E Braodway #2 S City of Monticello Montioello-Montgomery Farms SUBTOTAL: Good Clean Fun Tattoos 1 0/1 91201 2 JFC Time Help Leah with preparation of 90 Day Notices, Good Clean Fun Tattoos LGT Time Edited prepared 90 day notice, copied and mailed regular and certified mail to home and business address Good Clean Fun Tattoos 1 l Page 3 HrslRate Amount [ 0,10 9,50' 0.20 19.00 95.001hr 0,60 57.00 95,00/hr SUBTOTAL: [ 0,80 76.00; Pizza Factory (Ekegren) 1 011 91201 2 JFC Time 0,20 19,00 Help Leah with preparation of 90 Day Notices, 95.00 /hr Pizza Factory (Ekegren) LGT Time 0,60 57.00 Edited prepared 90 day notice, copied and mailed regular and 95,00 /hr certified mail to PO Box Pizza Factory (Ekegren) 10/26f2012 LGT Time 0,10 9.50 Call from Angela regarding employee eligible for relocation? No 95,00 /hr Pizza Factory (Ekegren) SUBTOTAL: [ 0,90 85.50' Wong, Fu- Lakeland Dental Associates 1016/2012 LGT Time 0.10 9.50 Call from City regarding OK to release check to Dr. Wong? - Yes 95.00 /hr Wong, Fu- Lakeland Dental Associates 1011612012 LGT Time 0,10 9.50 Received signed copy of check for $50K Business Re- Establishment 95.001hr Wong, Fu- Lakeland Dental Associates SUBTOTAL: [ 0.20 19.00; 29 s City of Monticello Monticello- Montgomery Farms �` Page 4 z- Project Management_ 10/16/2012 DHW Time Call Angela regarding underground gas tanks, business relocation costs estimate for complete repair and friendly condemnation.. z- Project Management 10/31/2012 DML Time 1011- 10131, 2012 Consultant entries recorded to database for client/case history, status and file maintenancelbackup. z- Project Management SUBTOTAL: For professional services rendered Additional Charges: BL Used Bike Shop 10/19/2012 LGT Postage Actual Cost for Postage - Certified Return Receipt Requested letter BL Used Bike Shop SUBTOTAL: Good Clean Fun Tattoos 10119/2012 LGT Postage Actual Cost for Postage - 2 Certified Return Receipt Requested letters -1 sent to business and 1 to residence Good Clean Fun Tattoos SUBTOTAL: Pizza Factory (Bkegren) 10/1912012 LGT Postage Actual Cost for Postage Certified Return Receipt Requested letter Pizza Factory (Ekegren) SUBTOTAL: 30 FfrslRate Amount 0.20 22.00 110.001hr 1.60 120.00 75.00/hr 142.00' 11.30 $1,049.00 Qty/Price 1 5.75 5.7'6 2 11.50 6.75 1 5.75 5.75 City of Monticello Monticello-Montgomery F=arms z- Prolect Management 1013112012 Copies - Internal Copies - 1011 - 10131, 2412 z- Project Management SUBTOTAL: Total costs For professional services rendered Total amount of this bill Previous balance 10!9!2012 Payment - Thank You, Check No. 109327 10/2312012 Payment - Thank You, Check No. 109434 Total payments and adjustments Balance due 31 dr .� Page 5 _ Qtv /Price Amount 67 10.05 0.15 [ 10.05; $33.05 11.30 $1,082.05 i $1,082.05 $4,709,92 ($2,654,23 ($2,055.69 ($4,709.92 $1,082.05 1�► • D Z 0 Q� C C O u N p 0 C d N N N 4+ Mgr N N 4 q N r� N O M N M C cd O N A A O Cl N .pry 0 C d ono ono 0 omi, a�i 00 I V P C O O N N N N 4+ no N N �.' q N r� N O M N M C cd O N A A O Cl � 7 n n u cn ono ono 0 omi, a�i 00 I V P C O O N N N N N N N N N N N Im A A A n n u cn a 0C, Al t � U U w' 0 0 � d b GO vi WJ Ul Ul a Q U V V V m ca va aZ r- rti N it m N O O N O O 0 W) W) m m N N 32 N cy m N W .. A H A a u cn w' p� a n 0 [v ti N M O O �i p O M • 4 WAM1rl8 MANAGEMENT DIRECT INQUIRIES ONLY TO: Waste Management of WI -MN W132 N10487 Grant Drive Germantown, WI 53022 1- 888 - 960 -0008 Customer Service Hours: Mon -Frl 7am -5pm CST WMEaervice @wm.aom INVOICE Customer: Account plumber: Invoice Date: Invoice Number: Due Date: WIN ezPay Account ID: Descrintion Previous Balance 320.12 Total Credits and Adjustments 0.00 Total Payments Received 320.12 - Total Current Charges 317.87 Total Amount Due 317.87 Total Amount Past Due 0.00 Page 1 of 3 MONTICELLO EDA 593 - 0323511 - 1693 -9 12/01/2012 6304035 - 1693 -9 Due Upon Receipt 00010- 92640 -33006 Total Current Charges Total Amount Due 311,87. ,• f.,:'; Please paytotal amount due. Thank you for your business. IF PAYING BY CHEM, MAIL TO PO BOX BELOW WITH PAYMENT COUPON TO AVOID POSTING DELAYS AND Description _ _ _ Amount SERVICE INTERRyp'rIONS. This Invoice reflects payments Commercial -" 317.87 received as of 1112012012. Total Current Charges 317.87 If full payment of the Invoiced amount Is not received within 30 days of the invoice date, you r will be charged a monthly late fee of 1.6e% of the unpaid amount, with a mihlmum monthly charge of $5.00, or such lesser late fee allowed under applicabla law, regulation or contract, Additionally, If your servlce is suspended for non- payment, you may be charged a resume fee to restart your service. for each returned check, a fee will be assessed on your next billing NOV 20�� , equal to the maximum amount permitted by applicable state law. t i Want to pay thls bill on -line? Visit www.wm,com and click on My Account to make a convenient, secure payment. r;,i, Jn :1 €3 r�•ar 9 i - 6 . I 1 1 r 1 1 1 159 3S93D3235ti1 ©6304035000000317870DOO D31767 7 003684401 AV0.3501'AUTO TJ1102655362- 862201- C01- P368604 10500053 II��1lrlllr�llrlllll�ln�l�ll�ll�lnl�lrlll `utl�ldullrlrlrllu o InllI�IIIIIIlllllr�lltrllllllrhlu�rlrl�11111111III WASTE MANAGEMENT OF WI -MN .MONTICELLO EDA PO BOX 4648 606 WALNUT ST STE 9 CAROL STREAM IL 60187 -4646 MONTICELLO MN 55962 -8822 O From everyday collection to environmental ,Protection, Think Green! Think Waste MallOgement. rewdedpapor. FOR CHANGE OF ADDRESS OR ANY SERVICE ISSUES CONTACT NUMBER ON PAGE 1 33 Payment Coupon . WIU\fA\. 1 Please detach and send with chocks only (no cash). 593. 4323$71 - 16959 WAA-M MAINAm6MWN T Please sotrdall other corrosaondenveto your locat I NM site. DIRECT INQUIRIES ONLY TO - Waste Managomont of WI-MN W132 N10457 Grant Drive 1210112012 6304036 - 1693 -9 Oormentown, WI 63622 1.888.900.OQQOCuslomer Service Hours: Mon -Fri 7am -Spm CST WMEssry €na @wm.com Upon Receipt 317.87 Learn how we Think Green at - www.wm.colnllhinlrgreen 159 3S93D3235ti1 ©6304035000000317870DOO D31767 7 003684401 AV0.3501'AUTO TJ1102655362- 862201- C01- P368604 10500053 II��1lrlllr�llrlllll�ln�l�ll�ll�lnl�lrlll `utl�ldullrlrlrllu o InllI�IIIIIIlllllr�lltrllllllrhlu�rlrl�11111111III WASTE MANAGEMENT OF WI -MN .MONTICELLO EDA PO BOX 4648 606 WALNUT ST STE 9 CAROL STREAM IL 60187 -4646 MONTICELLO MN 55962 -8822 O From everyday collection to environmental ,Protection, Think Green! Think Waste MallOgement. rewdedpapor. FOR CHANGE OF ADDRESS OR ANY SERVICE ISSUES CONTACT NUMBER ON PAGE 1 33 9 d N O WASTE WANASHMENT DIRECT INQUIRIES ONLY TO: Waste Management of WI -MN W132 N10487 Grant Drive Germantown, WI 53022 Customer: Account Number: Invoice Date: Invoice Number: Due Date: WM ezPay Account ID: Page 3 of 3 MONTICELLO EDA 593 - 0323511- 1593 -9 12/01/2012 6304035- 1593 -9 Due Upon Receipt 00010 -92640 -33006 Date Ticket Description Quantity U1M Rate Amount 12/01/12 Container service fee fel 1.00 7.75 12/01/12 8 Yd fel 1.00 197.10 12/01/12 Fuellenvironmental charge 62,83 12/01/12 Administrative fee 4.00 12/01/12 __.. Mn state solid waste tax 17% 46.19 Total Current Charges 317.87 Total Payments Received 320,12. From everyday collection to environmental protection, Think Green' Think Waste Management. SFr. nuprr FOR CHANCE OF ADDRESS OR ANY SERVICE ISSUES CONTACT NUMBER ON PAGE 1 34 Ann Zimmerman From: Sent: To: Subject: Attachments: City of Monticello, MN 505 Walnut St, Ste 1 Monticello, MN 55362 763.271.3228 8 AM to 4:30 PM Account Information Account: Service Address; Service Period: Billing Date: Due Date: Meter Reading autorepiy@merchanttransact,com Friday, October 19, 2012 4;20 PM AP Your bill from City of Monticello, MN is ready. MoreInformation.pdf 007256 -001 100 BROADWAY E 7/112012 to 9/30/2012 (92 clays) 10118/2012 11/19/2012 Previous Reading Current Reading Serial Date Reading Date Reading Cons 54063925 7/1/2012 3014440 10/1/2012 3078768 64328 Current Charges Water: $0.00 Water: WATER - COMMERCIAL $90,56 Consumption Water: WATER - COMMERCIAL $1 5,44 Sewer: SEWER - COMMERCIAL $272,16 Consumption Sewer; SEWER - COMMERCIAL $18.76 Sewer: SW DISCHRG FEE - COM 2% $5.44 Consumption Sewer: SW DISCIIRG PEE - COM 2% $0.38 Water Tares: WATER TAX ON 100% $7.29 Total Current Charges: $410.03 Bill Summary Previous Balance: $157,78 Payments Received: $157.78 Adjustments: $0.00 Current Charges: $410.03 * Total Amount Due by; 11/19/2012 $410.03 * This was the amount due at the time of billing, 35 Ann Zimmerman From: Sent: To: Subject, Attachments: City of Monticello, MIS 505 Walnut St, Ste 1 Monticello, MN 55362 763.271.3228 8 AM to 4;30 PM Account Information Account: Service Address: Service Period: Billing Date: Due !late: Meter .Reading autoreply @merchanttransact.com Friday, October 19, 2012 4;20 PM AP Your bill from City of Monticello, MN Is ready, MoreInformatlon.pdf 007256 -002 112 BROADWAY E 711!2012 to 9/30/2012 (92 days) 10/18/2012 11/19/2012 Previous Reading Current Reading Serial Date Reading Date Reading Cons 47376495 7/1/2012 1036728 10!112012 1049444 12716 Current Charges Water: $0.00 Water: WATER - COMMERCIAL $12,31 Consumption Water: 'WATER - COMMERCIAL $15.44 Sower: SEWER - COMMERCIAL $40.32 Consumption Sewer: SEWER. - COMM- ERCI.A.L $18,76 Sewer: SW DISCIIRG FEE - COM 2% $0.81 Consumption Sewer: SW DISCHRG FEE - COM 2% $0.38 Water Taxes: WATER TAX ON 100% $1,91 Total Current Charges: $89.93 Bill Summary Previous Balance: $44,68 Payments Received: $44.68 Adjustments: $0.00 Current Charges: $89,93 * Total Amount Due by: 11/19/2012 $89.93 * This was the amount due at the time of billing, 36 I �M 0 z C) a 0 �U m S 4 iE A F� 0 d y o m m Ln kn a R p� N N 0 41 o n n o 0 S O N pN�p to O N O 00 00 � O kn o0 0 Ln 00 00 Ln in V 0 o 0? 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Kennedy & Graven, Chartered ;? . 200 South Sixth Street p Suite 470 DEC Minneapolis, MN 55402 City of Monticello a October 31, 2012 MN190 -00101 General EDA Matters Through October 31, 2012 For All Legal Services As Follows: Hours Amount 9/712012 MNI Research on use of pooled TIF for housing, 0.90 162.00 9/11/2012 SJB Conference with M Ingram regarding TIF for housing 0.26 52.50 generally 9/1112012 MNI Phone and email correspondence with City and C Rocklitz 0,70 120.00 regarding releases of mortgages for transformation home loan program. 9/1112012 MNI Statutory research regarding use of TIF for housing 0,60 108.00 purposes. 9/1112012 MNI Office conference with S Bubul regarding pooled TIF for 0,60 108.00 housing purposes; phone follow -up with T Omdal regarding same. 911 812 01 2 MNI Review questions from A Schumann regarding TIF 1 -5; 2.00 360.00 review Northland overview; review statutory requirements for pre -90s TIF districts and steps for budget modifioationldeoertification. 911812012 MNI Phone conversation with A Schumann regarding questions 0.30 54.00 on TIF 1 -5. 9/1912012 SJB Conference with M ingram regarding housing pooling 0.30 63,00 9119/2012 MNI Research on qualified housing projects for pooled TIF, per 0,60 108.00 questions from R Fiefleld, 9/24/2012 MNI Email correspondence with A Schumann regarding HRA 0.20 36.00 resolution and releases of mortgage, 10/2/2012 MNI Office conference with C Rocklltz regarding releases of 0,60 108.00 mortgage and final exchange of deeds for Culp property; voicemail to A Schumann regarding same. 10/2/2012 MNI Email and phone correspondence with City staff regarding 1.80 324.00 Monticello TIF 5 issues - decertification and need for reallocation of budget items. 101312012 MNI Info gathering and email correspondence with A 0.50 90100 Schumann regarding TIF 5 resolutions. We Page: 3 Kennedy & Graven, Chartered 200 South Sixth Street Suite 470 City of Man #icella Minneapolis, MN 55402 October 31, 2012 10/4/2012 MNI draft BdA and City Tip plan modification resolutions. 1.20 216.00 10/29/2012 SJB Phone call with J. Se—?? regarding change for 4d 0.30 63.00 agreement 10/29/2012 MNI Research question from A Schumann regarding 0.80 144.00 abatement, office conference with S Bubul regarding same. 10/30/2012 MNI Office conference with 5 Bubul regarding abatement for 0.30 54.00 infrastructure outside city corporate limits; follow -up email to A Schumann regarding same. 1013112012 8J8 phone pall with J, Severance.; review 4d agreement 0.50 105.00 Total Services: $ 2,281.50 Total Services and Disbursements; $ 2,281.50 41 10/07/2012 11;53 USPS Postal0ool 7632953642 MONTICELLO MN Total P 1 214 Cs. -- W i ht of a ain in." Inca 1 OA285 lbs, Total Weight 6.1550 lbs. Total Numbor Qf contain- rS 1 PAGE 01 age 1 oT 1 :4- T b 1,9to1,97+ 21('.)00-00— 100c) k�ttlps:llwww.us 57U;tatOr .colr lQasta rac�ssx>t WeUltecei t,do7txairk�sec�r�o= 7Xp7Q�36... 12/6/2012 42 Ann Zimmerman From: Angela Schumann Sent: Thursday, December 06, 2012 3:58 PM To: Ann Zimmerman Subject: RE: US Postal Service permit 99 7/27/12 mailing $58.12 Ok to pay. Angela Schumann, AICP Community Development Director City of Monticello www.ci.monticello.mmus 763- 271 -3224 This email sent by Monticello FiberNet internet, at 100 mbps speed! From: Ann Zimmerman Sent: Thursday, December 06, 2012 2:45 PM To: Angela Schumann Subject: US Postal Service permit 99 7/27/12 mailing $58.12 Angela; Please review Michele's email below. No postage has been paid for the mailing of this brochure. The cost of the brochures was posted 213 - 46301. Okay to expense $58.12 in postage to the EDA general fund too? From: michele(&maiirs.com fmailto:michele(&maiirs.coml Sent: Thursday, December 06, 2012 2:31 PM To: Ann Zimmerman Cc: Angela Schumann; Vicki Leerhoff Subject: Re: City of Monticello mailing in late July 2012 Hi Annie, I do believe it was for the 7x5 trifold brochure that Megan ordered in late June Qty. 400 were printed. My invoice was #827 The postage statement was dropped off at City Hall with the additional brochures for Megan. Advertising ., Designz Michele Hertwig MAJIRS! Advertising and Design p. 763.295.4393 43 Elm Kennedy & Graven, Chartered 200 Sc,)vtt-(, S�xth Siteet suke 470 lvl rij a o a p o VI S, M N 65402 CRY of momtics!x) October 311 2012 M N 90- 00'x°16 Tramsbrrnafion -illorne Lo-an Proginam Theouqh Oc�ober 31, 20,12 re, Al Ls-gal Servioes As FoHovi's, Hloum- Amount 9i'l 112012 0,93 Ft 4,traoffice confe'ratice ir,epardinc, HRI a I j nrosdull rin, roA,,a O 9 15, 1211 f, I'u as � 4 10112i 01r, CBR FnnaHs rogm,ding HR A r�eso,,lut"M C), 2 5-, 31E' 5 10129/2012 CBRI Rpv�evv mmok,,flunr roviserva-thrig ra�eases 2 '11,75 7otW Services, ToW Servfles and, 5 m 158,75 Invoice BILL TO SHIP TO city Of Monticello Mont €.cello Building Elcononnic Development Autbority 202 Pine Streit 505 Walnut Street Monticello, MN 55362 Monticello, Mid 55362 Net 15 DATE INVOICE NO. P.O. NO. TERMS DUE DATE SHIT' DATE 11115/2012 42505 Net 15 12/1/2012 1 1.11512012 ITEM DESCRIPTION QTY RATE AMOUNT 101 Regular Monthly Services for Decernber 350.00 350.00T ThrW. you for your business. Sales Tax (6.8751/6) $206 Total 1374.06 4111 Mackenzie Couft NE, Suite 100, St. Miohael, MN 55376 (763)497- 8020 (763)497 -8564 fax www.car.lsonbidgsmices.corn 'y Robert J Hiivala Wright County Auditor /.Treasurer M fp Wright County Government Center Q 10 2nd Street N. W..ttoom 230 Buffalo, MIST 55313 -1195 Q I- C _ 7 2012 Phone: (763) 682 -7572 or (763) 682 -7564 FAX. (763) 682 -7873 i CITY OF MONTICELLO EDA 505 WALNUT ST STE 1 MONTICELLO, MN 55362 -8831 NOTICE Or LATE REAL ESTATE TAXES PROPERTY ID #: R 155010- •050011 Legal Description: Sect -11 Twp -121 Range-025 ORIGINAL PLAT MONTICBLLO Block - 05051/2 OF LTS 1,2&3 BLK 50 Tax Year: 2012 Billing Date,, December 6, 20X2 Dear Property Owner/Taxpayor: Our records indicate you have recently acquired property it, Wright County. The real estate tax list shows the 2012 taxes in your name remain unpaid on this property. The full tax was due on October 15, 2012. Should this be an oversight, we thought you would appreciate this reminder. Minnesota Statute requires a penalty on all late payments. The amount varies according to the property classification and the date paid. The total amount listed below, plus any additional penalty that will be added the first of each month, must be paid to correct this late payment. Total Amount Due Through December 31, 2012: For updated payment amounts, tax statements, And general information about your property taxes, go the Wright County websitc, www.co.wrightmn.us . To access the information, click on property Scarch/Payments and follow the directions. The website is updated daily throughout the year. Please contact the Wright County Treasurer's Office at 763 -682 -7572 or 763 - 682 -7574, if yeu have any questions. Make payment payable and made to: Wrigbt County Treasurer 10 2°d St NW Roomi230 Buffalo, MN 55313 EEO - -Tat Special Assessments Penalty = Total Due Full Fear $1,849.71 $750.29 1 $"312.00 1$2,912.00 For updated payment amounts, tax statements, And general information about your property taxes, go the Wright County websitc, www.co.wrightmn.us . To access the information, click on property Scarch/Payments and follow the directions. The website is updated daily throughout the year. Please contact the Wright County Treasurer's Office at 763 -682 -7572 or 763 - 682 -7574, if yeu have any questions. Make payment payable and made to: Wrigbt County Treasurer 10 2°d St NW Roomi230 Buffalo, MN 55313 EEO Olry P& z r � Robert J ffiuvala Wright County Auditor/ Treasurer CI'T'Y OF MONTICELLO EDA 505 WALNUT ST STE 1 MONTICELLO, MN 55362 -8831 PROPERTY ID #; Legal Description, Tax Year, Billing Date; Wright County Government Center 10 2nd Street N W. Room 230 Buffalo, MN55313 -1195 Phone: (763) 682 -7572 or (763) 682 -7584 FAQ: (763) 682 -7873 NOTICE OF LATE REAP, ESTATE TAXES R 155 - 010 - 034130 Sect -11 Twp -121 Range -025 ORIGINAL PLAT MONTICELLO Lot -013 Block-034 2012 December 6, 2012 Dear Property Owner/Taxpayer: 0 IrC m 7 2012 ' Our records indicate you have recently acquired property in Wright County. The real estate tax list shows the 2012 taxes in your name remain unpaid on this property. The fall tax was due on October 15, 2012. Should this be an oversight, we thought you would appreciate this reminder. Minnesota Statute requires a penalty on all late payinents. The amount varies according to the property classification and the date paid. The total amount listed below, plus any additional penalty that will be added the first of each month, must be paid to correct this late payment. Total Amount Due Through December 31, 2012: For updated payment amounts, tax statements, and general information, about your property taxes, go the Wright County website, www,co.wright.mn.us , To access the information, click on property Search/Payments and follow the directions. The website is updated daily throughout the year. Please contact the Wright County Treasurer's Offico at 763 -682 -7572 or 763 -682 -7574, if you have any questions. Make payment payable and made to, Wright County Treasurer 10 2 "a St NW Room230 Buffalo, MN 55313 47 Tax Special Assessments penalty Total Due �7F70 Year 1 $22253.72 $111.28 $283.80 $2,648.80 For updated payment amounts, tax statements, and general information, about your property taxes, go the Wright County website, www,co.wright.mn.us , To access the information, click on property Search/Payments and follow the directions. The website is updated daily throughout the year. Please contact the Wright County Treasurer's Offico at 763 -682 -7572 or 763 -682 -7574, if you have any questions. Make payment payable and made to, Wright County Treasurer 10 2 "a St NW Room230 Buffalo, MN 55313 47 1 x r� 4y Robert J Hrfvala Weight County Auditor/ Treasurer CITY OF MONTICELLO EDA 505 WALNUT ST STE 1 MONTICELLO, MN 55362 -8831 Wright County Government Center 10 2nd Street N. W,, Room 230 i Bq alo, MV 55313 -1195 Phone, (763) 682 -7572 or (763) 682 -7584 FIX: (763) 682 -7873 M -: NOTICE OF LATE REAL ES'T'ATE TAXES PROPERTY ID #: R 155 - 010• - 034140 Legal Description: Seat -11 Twp -121 Range -025 ORIGINAL PLAT MONTICELLO Lot- 01413lock -034 Tax Year 2012 Billing Date: December 6, 2012 Dear Property Owner/Taxpayer; DEC 7 2012 Our records indicate you have recently acquired property in Wright County. The real estate tax list shows the 2012 takes in your name rcmain unpaid on this property. The full tax was due on October 15, 2012• Should this be an oversight, we thought you would appreciate this reminder. Minnesota Statute requires a penalty on all late payments, The amount varies according to the property classification and the date paid. The total amount listed below, plus any additional penalty that will be, added the first of each month, must be paid to correct this late payment. Total Amount Due Through December 31, 2012: For updated payment amounts, tax statements, and general information about your property taxes, go the Wright County website, www.co•wr1 Zt.mn.us , To access the information, click on Property Search/Payments and follow the directions, The website is updated daily throughout the year. Please contact tho Wright County Treasurer's Office at 753 -582 -7572 or 763- 682 - 7574, if you have any questions. Make payment payable and made to; Wright County Treasurer 10 2 "`' St NW R:oom230 Buffalo, MN 55313 W• Tax Special Assessments Penalty Total Dae E:Tull Year 1 $850.72 $104.28 $114.12 $1,065.12 For updated payment amounts, tax statements, and general information about your property taxes, go the Wright County website, www.co•wr1 Zt.mn.us , To access the information, click on Property Search/Payments and follow the directions, The website is updated daily throughout the year. Please contact tho Wright County Treasurer's Office at 753 -582 -7572 or 763- 682 - 7574, if you have any questions. Make payment payable and made to; Wright County Treasurer 10 2 "`' St NW R:oom230 Buffalo, MN 55313 W• ot4TY . 4k z � Robert J Hffvala Wright County Auditor/ Treasurer CITY OF MONTICELLO EDA 505 WALNUT ST STE 1 MONTICELLO, MN 55362 -8831 Wright County Government Center 10 2nd Street N. W. Room 230 Ba,;lfalo, MN55313 -1195 DEC ° 7 2012 Phone: (763) 682 -7572 or (763) 682 -7584 FAX, (763) 682 -7873 NOTICE OF LATE REAL ESTATE TAXES PROPERTY R) ##: R 155- 010- 034150 Legal Description: Sect -11 Twp -121 Range -025 ORIGINAL PLAT MONTICLLLO Lot -015 Block -034 Tax Year: 2012 Billing Date: December 6, 2012 Dear Property Owner/Taxpayer; Our records indicate you have recently acquired property in Wright County, The real estate tax list shows the 2012 taxes in your naive remain unpaid on this property, The full tax was due on October 15, 2012, Should this be an oversight, we thought you would appreciate this reminder, Minnesota Statute requires a penalty on all late payments, The amount varies according to the property classification and the date paid. The total amount listed below, plus any additional penalty that will be added the first of each month, must be paid to correct this late payment. Total Amount Due Through December 31, 2012: For updated payment amounts, tax statements, and general information about your property taxes, go the Wright County website, www,co.wright.mn,us . To access the information, click on Property Search/Payinents and follow the directions. The website is updated daily throughout the year. Please contact the Wright County Treasurer's Office at 763- 682 -7572 or 763 - 682 -7574, if you have any questions. Make payment payable and made to: Wright County Treasurer 10 211d St NW Room230 Buffalo, MN 55313 4 41- WO Tax Special Assessments rennyx Total Due Full Year 1 $%,356.88 $162,12 $1202.28 $11221.28 For updated payment amounts, tax statements, and general information about your property taxes, go the Wright County website, www,co.wright.mn,us . To access the information, click on Property Search/Payinents and follow the directions. The website is updated daily throughout the year. Please contact the Wright County Treasurer's Office at 763- 682 -7572 or 763 - 682 -7574, if you have any questions. Make payment payable and made to: Wright County Treasurer 10 211d St NW Room230 Buffalo, MN 55313 4 41- WO �YyyF u C011terlpoint, Energy Always There.' QUESTIONS OR COMMENTS? CenterPoint Energy PO BOX 1144 MINNEAPOLIS MN 56440 -1144 (Address not for-bill payment) Monday - Friday Call 8 a.m. - 5 p.m. Bill into 612 -521 -4939 CenterPoinlE norgy.com Customer name THE CITY OF MONTICELLO ECONOMIC DEVELOPMENT Account number 5429449 -3 Billing date 11!3012012 Date due 1212812012 Total amount due $12.82 ACCT SUMMARY teas charges Previous baianoe $12,82 Payment 11(20/2012 -12.82 Balance forward 0.00` Current billing 82 ' u1u1111111111h1i1i1111111111 " Jill ll'hlh't1111111111111u11 0540065821598 0072000U09 429 LI4 4aU (30000001282017GIJL1DO12829i1 50 Total amount due CCH&PlNRr $12,89 !fl9l'�JJ BERVICE ADDRESS tuNE>S'8'A7l6l�E.� Date due 12128/2012 202 Pine St CENTERPOINT ENERGY Amount paid $ -- PO BOX 1144 Monticello MN 56362.8665 MINNEAPOLIS MN 554404144 DID YOU KNOW? CEN'TERPOINT ENERGY PO BOX 4671 YOUR GAS USAGE Me1er # M19822312867 I,111f'11111' 1 11111 111111YI1111111' k111111111 "II' 1111 "1111111' l ll 31 Day billing perlod 1012912012 to 11/29/2012 THE CITY OF MONTICELLO ECONOMIC DEVELOPMENT Pa our next bilk without Y Current reading Navlous reading 11/29/2012 10/29/2012 68139 5389 lift ng a finger. To enroll In Metered usage 000FxTherm Factor of 11.00w4 Therms usedIn91 days= 0 Automatic Bank Draft, just sl n and date the bads of your bill Ne)d meter reading Next billing data 12/31/2012 01102/2013 stub and return to us with a check for your payment YOUR BILL IN DETAIL. Comlind Firm Rate amount. its that easyl Basic charge $12,00 Your account is ready to Deliveryoharge D000upling adjustment 0100 0101) view now. Register for free Gas Affordability PRG 0,00 online account access, View State sales tax 0,82 balance, usage history, make - an online payment, view Total current charges $19,82 recommendations for saving energy and money with My ; Energy Ana zer. and much '. S •a> .. , . more, at CenterPointEnergy.comf myaccountonline. DEC -- 201 i. u1u1111111111h1i1i1111111111 " Jill ll'hlh't1111111111111u11 0540065821598 0072000U09 429 LI4 4aU (30000001282017GIJL1DO12829i1 50 Page 1 of 1 Avg dally temp: This partod t1116 Year 2e °F; thla period 101 year 40 °F. CCH&PlNRr Mall oils pardon With payment, Piaue do not Include More or Rowe C !fl9l'�JJ Account number 9429448 -3 tuNE>S'8'A7l6l�E.� Date due 12128/2012 Total amount due $12.82 CENTERPOINT ENERGY Amount paid $ -- PO BOX 1144 MINNEAPOLIS MN 554404144 CEN'TERPOINT ENERGY PO BOX 4671 HOUSTON TX 77210 -4671 I,111f'11111' 1 11111 111111YI1111111' k111111111 "II' 1111 "1111111' l ll 01101844101 AV 0.3581 THE CITY OF MONTICELLO ECONOMIC DEVELOPMENT 606 WALNUT ST MONTICELLO MN 56362 -8821 u1u1111111111h1i1i1111111111 " Jill ll'hlh't1111111111111u11 0540065821598 0072000U09 429 LI4 4aU (30000001282017GIJL1DO12829i1 50 i conterPo%fit. Energy Always Them! QUESTIONS OR COMMENTS? CenterPoint Energy PO BOX 1144 MINNEAPOLIS MN 55440 -1144 (Address not for bill payment) Monday - Friday Call 8 a,m. - 5 p.m. " Bill Info 612-3214939 CenterPointEnergy.com DIDYOU KNOW? Pa yy your next bill without Iffifng it finger. To enroll in Automatic Dank Draft, just si n and date the rack of your bil? stub and return to us with a check for Your payment amount. Its that easyl Your account Is ready to view now. Register for free online account access. View balance, usage history, make an online payment, view recommendations for saying energy and money with My Energy Analyzer, and much more. Register at CenterPointEnergy.com/ myacoountonline. 60 Customer name THE CITY OF MONTICELLO ECONOMIC DEVELOPMENT Account number 9429448 -5 Bllling date 1113012012 Date due 12128!2012 Total amount due . $ 86.77 ACCT SUMMARY Gas charges Previous balanao $31.99 Payment 11/2012012 $1 g Balance forward C 0,p0 Current billing Total amount due $86,77 SERVICE ADDRESS 2006 Plne St Monticello MN 65352 -8666 YOURGAS USAGE Motor# M19802=009 31 !Jay bllling period 10129/2012 to 11/2912012 Curren! reading 1112912012 327 Previous reading 10/2912012 213 Metered usage 1 t4 coFX Therm factor or 1,00264 = 'therms used In 31 days m 114 Next meter reading 12/8112012 Next billing date 01/02)2013 YOUR BILL. IN DETAIL Comllnd Firm Rate Basco charge $1240 Dellverycharge 114 therms @ $0,15661/THM 17.86 Decoupling adjustment 1141herms @ $0.00039h'HM 0.04 Gas Affordabillly PRG 114 therms @ $0.00490/ HM 0.56 Cost of gasp 1141herms @$0,44,50 91TRM' 60,74 Stato sales tax / 6.58 Total current charges Avg defy gas uso: This po:bd UEis yr 3.7 0herme; tits period last yr 9A therms Page 1 of 1 $06.77 Y DEC -° 6 2012 [t S � 4 Avg dally temp: This perlod (hie year 38°F; Uric porlod last year 40 °F, f�erltenPftlnl Mall No portlon with payment Pious do not Wade letters or notos � �1e1�f+ Account number 9429445 -5 Atwqs Thehe• Date due 12!28/2012 -total amount due $ 86,77 CENTERPOINT ENPERGY Amount paid $ _ PO BOX 1144 MINNEAPOLIS MN $5440 -1144 CENTERPOINT ENERGY PO BOX 4671 HOUSTON TX 77210 -4871 ftltl��Illl�t�jrf�Ilan��tliillultili�IIIIIf�uFlllirllfilh�i�i 00010440 Qi AV 0.3601 THE CITY OF MONTICELLO ECONOMIC DEVELOPMENT 506 WALN UT ST MONTICELLO MN 66362 -8821 igflli�tylli�hltlllrllll' ttl��rrlltil�lfllrflljll��llp�rnlf 054UU6582358U 007200000942444951211000 (1008677000UOOU867770 51 i enterPoint. er9y Always TheW - QUESTIONS OR COMMENTS? CenterPolnt Energy PO BOX 1144 MINNEAPOLIS MN $5440 -1144 (Address not for bill payment) Monday - Friday Call 8 a.m. - 5 p.m. 121111 Info 612 -321 -4939 CenterPolntEnorgy.com Customer name THE CITY OF MONTICELLO ECONOMIC DEVELOPMENT Account number 94294660 -1 Billing date 1 1130120 1 2 Date due 12/2812012 Total amount due $177.10 ACCT SUMMARY Gass oharges Previous balance $92,62 Pa men111/20/2019 9 Balance forward 0,00 Current billing 0 Total amount duo $177.10 52 SERVICE ADDRESS 112 E Broadway St Montloeilo MN 66362 -4664 DID YOU KNOW? YOUR GAS USAGE Motor 9 M109091 03467 3' ""' billing period 10129!2012 to 11/2912012 Pay your next bill without Current reading 11/29/2012 1560 Previous reading 10/29/2012 1311 lifting a finger. To enroll In Automatic Draft, Metered usage 240 CaFx Therm factor of 1,00254 - Therms toed in 31 days = 250 Bank )list slgn and date the back of your bill Next motor reading 12101/2012 Next billing date 01/0212013 stub and return to us with a check for your payment YOUR BILL IN DETAIL Cam /Ind Firm Rate amount. It's that easyl Basio oharge $10.00 Your account is ready to Delivery charge 260 therms @ $0,164031THM 30.61 Decoupling adjustment 260 therms 0 40.013131THM - 3128 view now. Register for free Gas Affordablllty PRQ 250 therms tai $0.00490trHM 1,23 online account access. View balance, usage history, make Cost of gas" 250 therms @ $0.448001rHM 111,25 an online payment, view State sales lax 1139 recommendations for saving Total currant charges $177,10 energy and money with My Energy Analyzer, and much more. Regpisler at Cer terPolntEnergy,co ml myaccountonllne. "x r. DEC -62012 .4... AV9 dally gas too; TWO period this yr 8.1 thounq this period NO yt 7.1 thwms Page 'I of 1 Avg dally temp; Thle period No year Wk. [his period last Veer WF, cankrPolut Mall tide porlonwith paymml Pioase do not include letters or notes EtIBI�y^ Account number 9429450 -1 Atwopra'111ntrr,` Dale due 1212(3/2012 Total amount duo $177.10 CENTERPOIN7' ENERGY Amount paid $ PO BOX 1144 MINNEAPOLIS MN 55440 -1144 i:EN`rERPOINT ENERGY PO BOX 4671 HOUSTON TX 77210 -4671 11111i"IIIII"li Pill 1111111 11111111 11IIHI III III IIIIIIII1111111111 00010442 01 AY 0.3 50 1 THE CITY OF MONTICELLO ECONOMIC DEVELOPMENT 505 WALNUT ST MONTICELLO MN 55362 -8821 IIIIIIlI11iI111Il1s111s1111r11IIr °N111111INIII "ittlllnlilllalfll 0540065823606 OU72000004 4294501 0000000177100000001771090 52 CITY OF MONTICELLO ECONOMIC DEVELOPMENT AUTHORITY RESOLUTION NO. 2012-115 RESOLUTION ADOPTING THE TIF ANALYSIS AND MANAGEMENT PLAN FOR TIF DISTRICT NO. 1-22 REPORT AND APPROVING RETURN OF TAX INCREMENTS FROM TAX INCREMENT FINANCING DISTRICT NO. 1-22 TO WRIGHT COUNTY WHEREAS, on March 10, 1997, the City and the HRA approved a Tax Increment Financing Plan (the "TIF Plan ") for Tax Increment Financing District No. 1 -22 (the "TIF District") located within the Redevelopment Project, pursuant to the HRA Act and Minnesota Statutes, Sections 469.174 to 469.1799, as amended (collectively, the "TIF Act"); and WHEREAS, administration of the TIF District was subsequently transferred to the City of Monticello Economic Development Authority (the "Authority "); and WHEREAS, on dune 30, 1997 the County of Wright (the "County") certified the District; and WHEREAS, the Authority has completed an analysis of financial activity with the District to confirm compliance with the TIP Act; and WHEREAS, the Authority has determined the need to return to the County tax increments in the account for the District that were collected in year 2002 on 186 parcels within the TIF District that did not have development activity begin within four years f -orn the date of certification of the TIF District, pursuant to Minnesota ,Statutes, Section 469.176, subd.6. NOW, THERE ORE, BE IT RESOLVED, by the City of Monticello Economic Development Authority as follows: I. The Authority accepts and adopts the "TIF Analysis and Management Plan Scenarios for TIF District No. 1 -22 Report" prepared by Northland Securities dated December 12, 2012. 2. The Finance Director is authorized and directed to provide the County with documents related to tax increments' collected in year 2002 on 186 parcels within the TIF District that did not have development activity begin within four years from the date of certification of the TIF District. 3. The Finaneo Director is authorized and directed to return $42,563.00 of tax increments in the acco-unt for the District to the County for redistribution to other taxing; jurisdictions, Approved by the City of Monticello Economic Development Authority this 12"' day of December, 2012. resident ATTEST.; Secretary 53 p d ILJOI 1 EVELOPMEN SERMCES December l7, 2012 City of Monticello Attn: Angie McIntire 505 Walnut St. Monticello, MN 55352 Re: Broadway Plaza Building Barbara Lee's Studio of Dance Relocation Claim #3 Dear Angie, OFFICE 952.445.4630 800.448.4630 FAx 952.448.4676 WILSONDEV510@AOL.COM 510 CHESTNUT STREET, SUITE 200 CHASKA, MINNESOTA 55318 Enclosed is a relocation claim in the amount of $1,200.00 for additional moving expenses, along with attached documentation and a summary. We are requesting this additional advertising claim as a result of lost revenue due to the tenant's relocation. Please issue the check as follows to: Barbara Lee's Studio of Dance and Mediaworks Advertising Solutions in the amount of $1,200.00. Let me know when the check is ready so Barbara Lee O'Reilley can pick it up and arrange to pay her vendor. Sincerely, ohn Callender Wilson Development Services LLC 54 Claim for Actual Reasonable Moving and Related Expenses Nonresidential (49 CFR 24 Subpart D U.S. Department of Housing OMB Approval No. 2506 -0016 and Urban Development (exp. 1013112011) Claim #3 For Agency Name of Agency Project Name or Number Case Number Use Monticello EDA Broadway Plaza Building Instructions: This claim form is for the use of displaced businesses, nonprofit organizations, and farms that wish to claim a payment for Actual Reasonable Moving and Related Expenses, including Reestablishment Expenses, rather than claim a Fixed Payment, under the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970 (URA). The Agency will explain the difference between the two payments and will help you complete this form. HUD provides information on these requirements and other guidance materials on Its wobsite at www.hud.gov /relocation. If you are eligible for either payment, the Agency will help you to determine which is most advantageous. If the full amount of your claim is not approved, the Agency will provide you with a written explanation of the reason. If you are not satisfied w €th the Agency's determination, you may appeal the determination. The Agency will explain how to make an appeal. All claims for payments must be filed no later Ihen 18 months from the date of displacement (see 24.207(d)). Attach supplemental pages as necessary. All expenses must be thoroughly Identified and be accompanied by receipts or other appropriate documentation to be eligible for payment. Professional services and other claims for time expended based on salaries, earnings or fees related to 48 CFR 24.301(8 )(12), 24.301(g)(17)(Iii) -(vi), and 24.303(b), must be actual, reasonable, necessary, and should be preapproved by the Agency. (Eligible Moving Expenses. See 24.301(g)(1) -(7); 24.301(g)(11) -(18) &24.303; Ineligible Moving Expenses: See 24.301(h)) (Eligible Reestablishment Expenses: See 24.304(a); Ineligible Reestablishment Expenses: See 24.304(b)) Section A. General 1. Name of Business, Farm or Nonprofit Organization Barbara Lee's Studio of Dance 3. Address from which Business, Farm or Nonprofit Organization moved 100 Broadway East Monticello, MN 55362 2. Name, Title, Address and Telephone Number of Clalmant or Claimant's Authorized Agent Barbara Lee O'Reilley 8201 Isaak Ave. NW Annandale, MN 55302 4a. Address to which Business, Farm or Nonprofit Organization moved ( 4b. Date Move Started (mm/dd/yyyy) 4272 School Blvd. Monticello, MN 55362107/01/2012 4c. Date Move Completed (mmldd /yyyy) 08/31/2012 5. Type of Operation (Check One) 6. Type of Ownership (Check One) 7. Is this a Final Claim? Business ❑ Farm Operation ® Sole Proprietorship ❑ Corporation ®❑ Yes ❑ Nonprofit Organization ❑ Partnership ❑ Nonprofit Organization No (If "No," attach an explanation) 8. Certification of Legal Residency in the United States (Please read Instructions below before completing this section.) Instructions: To qualify for relocation advisory services or relocation payments authorized by the Uniform Relocation Assistance and Real Properly Acquisition Policies Act, a "displaced person" must be a United States citizen or national, or an alien lawfully present In the United States. The certification below must be completed In order to receive any relocation benefits. (This certification may not have any standing with regard to applicable State laws providing relocation benefits.) Please address only the category that describes your citizenship status, For item (2), please fill in the correct number of partners. The certification for a. nonresidential displaced person may be signed by an owner or other person authorized to sign on its behalf. Your signature on this claim form constitutes certification. See 49 CFR 24.208(g) & (h) for hardship exceptions. NONRESIDENTIAL DISPLACEMENTS (1) Sole Proprietorship. (2) Partnership. (3) Corporation. (Name of Corporation) I certify that f am: (check one) I certify that there are partners In the I certify that a citizen or national of the United States partnership and that are citizens or Is established pursuant to State jaw and Is an alien lawfully present In the United States. nationals of the United States and are authorized to conduct buslnosa In the aliens lawfully present in the United States. United States. Previous editions are obsolete Pagel of 4 form HUD -40055 (04/2005) 55 Section 8, Supporting Data for Moving Expenses (Not Identified In Sections C, D, E, For Q) (49 CFR 24.301(d) & 24ZI ej) (Attach supplemental page If additional apace Is needed and attached receipts for wets incurred.) (Identify if move is commerical move ❑ self move jJ, or combination move o R. nAp g� - Expense Identification Amount Claimed For Agency Use Only 0)Transportation of personal property $ 970.00 $ () Disconnection, dismantling, etc. of personal property (professlonal) 1,533.00 (3) Printed meterlail signs _____... —. ___._.____._._—..__..---..__..—..__..._..._.__.. �.__._..-----.--..____... �_.__..___..___._ ___.._._..__.- �.._.-- _-- _.___ -• 55.56 (4) Purchase of substitute property (5) Total Costs (Include this amount in line (1) of Item 9, Total) $ 2,558.56 Is Section G. Supporting Date for Storage Costs (49 CFR 24. 301(g)(4)) Name and Address of Storage Company Is This a Final Claim for Storage ?. ❑ Yes ❑ No Date Moved to Storage pate Moved From Storage (mm/dwyyyy) I (rnm/dd/yyyy) Item Monthly Rate for Storage Number of Months In Storage Amount For Agency Use Only $ $ Total Storage Costs (Include this amount In line (1) of item 9, Total) $ $ Description of Property Stored (List may be attached) Section D. Supporting Data for Searching Expenses (49 CFR 24.301(g)(17)) Amount Claimed For Agency Use Only (1) Searching Time Number of Hours ( } x Hourly Rate of Earnings ( } = $ $ (2) Time Spent t]btalning Permits, Attending Zoning Hearings Number of Hours ( } x Hourly Rate of Earnings (_ -_ ) =_. $_.._ (3) Time Spent Negotiating Purohase /Lease of Replacement Site Number of Hours ( } x Hourly Rate of Earnings ( ) $ $ (} p ( y n allowable rate e`___...._.- ___.._ _... _ ._.. __....._.. _, .....-- _...._._.. -,------- - - -.._ .— ._— .— _..- - - - - -- 4 Trans ortation Consull with Agency e pee mile of personal vehicle) $ $ (6) Fees Paid to Real Estate Broker or Agent, (Excluding fees or (Attach contract or other evidence) (7) Cost of Meals Total Searching Expenses (Add lines (1) thru (9). Include this amount, or $2,500, whichever is less, in line (1) of Item 9 Total.} $ 0 $ action E. Supporting Data for Payment for Actual Direct Loss of Personal Property (List separate y each item for which amount claimed in Co u ) is more than $500, Other Items may be grouped together. The Agency will advise on acceptable method for listing items. Attach additional Teets, as needed.a49 CFR 24.301 )(14 Identify Personal Property Fair Market Value As Is Proceeds From Value Not Recovered Estimated Cost of Amount Claimed For Agency for Which Payment for For Continued Use At Sale By Sale Moving Old Property (Lesser of Use Only Actual Direct Loss Is Present Location (Column (b) minus As Is (To be entered Column (d) or Requested (Attach appraisals Column (c)) by Agency) (e)) or other evidence) (see 24.30i(g)(14)(11)) Claimant's Release of Personal Property (1) Total (Add all entries In column (f) above I/We release to the Agency ownership of all personal properly - - -- - - — - -- — — - remaining on the real property. (2) Cost of Effort to Sell Property (e.g., adv FR 24.301(8 15 Signature(s) of Glalmant(s) or Agent Dstta (mmlddlyYYY) ...—� -_ - -_. (3) Cotal Ameunt Claimed (Add lines (1) an( Include this amount in line (1) of Item 9 N/A editions are obsolete Page 2 of 4 term HUU-4uUSS (04/2005) "We Section F. Supporting Data for Substitute personal Property. List separately each Item for which amount claimed in column (f) is more than $0. Other Items may be grouped together, The agency will advise on acceptable method of listing Items. Attach additional sheets, as needed.) (49 CFR 24,301(g)(16)) identify Substitute Actual Cost of Proceeds From Net Cost of Estimated Cost of Amount Clalmed For Agency Personal Property Substitute Property Sate orTrade -in of Substitute Moving and Reinstalling (Lessor of Use Only for which Payment Delivered and Instalied Property That Was Personal Properly Replaced Item (To be column (d) Is Requested at New Location Replaced (Column (4) minus entered by agency) or (a)) (Attach documentation) Column (c)) (see 24.301(g)(16)(11)) i laimant's Release Of Personal Property i Total Add all entries in column above 1 e release to the Agency ownership of all personal —y — �— — — __.__..__. 2 Cost of Effort to Sell Property (e. O Y g•, advertising) Signature(s) of Claimant(s) or Agent Date (mmJdd/yyyy) ..._ {49 CFR 24. 301 (g)(15)) $ (3) Total Amount Claimed (Add lines (1) and (2). N/A —� $ i Include this amount In line 1 of Item 9 Total) Section G. Supporting Data for Related Nonresidential Expenses (49 CFR 24.303) Only applicable and tietormined y if a pp Actual, Reasonable and Necessary. (Attach supplemental page, H needed) _ Amount For Agency ettse Identiflcation Claimed Use Onl ____ .--- - — MY — (1) Utility Connections from Right -of -Way to Improvements at Replacement Site, (2) Professional Services for Site Suitability Determination �Based_on- Agency pre - approved reasonable_ hourly rates) Number of Houfs ( )^ X Hour,Rate ot_Eamin( — ) - - - -- (3) ImQact Fees or one Time Assessments for,Utillty_Usage_ Total Related Nonresidential Expenses: (Add lines (1) through (3)) A �� (Include this amount In Ilna (1) of Item 9 Total) N Section H. Supporting Data for Reestablishment Expenses. (49 CFR 24,304) (Attach supplemental page if additional space Is needed.) i Amount For Agency Expense Identification Claimed Use Only {t) Modification to replacement property 100.00 (2) Exterior signage 105.00 (3) -- __- Advertisement 1'988.67E f (S) Total Costs (Enter this amount, or $10,000, whichever is less, on line (2) of Item 9) 2,253.67 $ Previous editions are obsolete Page 3 of 4 form HUD -40055 (04/2005) 57 or Claimant's Authorized Agent claims and statemenis.uConviolio 9. Computation of Payment on this claim form and suvoortfna documentation Is true Title (Type or Print) 12-1 -(q (( � criminal and/or civil penalties. (18 U.S.C. 1001,1010,1012; 31 U.S.C. 3729, ,9802) ------- _ - -. —_. _ Item _ _ -..__ _.. v Name (Type or Print) Amount r} 00n (fin 0 10. Recommended $ 1 ,2.0 For Agency Use Oniy _.... - -- (1) Moving Expenses (From Section 13, C, D, E. F, Q) 11. Approved $ $ 5,058.56 $ �(2) Reestablishment Expenses (From Section H) �--- ------ T.— �-- - -- - - -_ $2,253.67 -._— $ (3) Other (Attach explanation) $ $ -- (4) Total Amount Claimed (Add lines (1) thru (3)) $ 7,312.23 $ (5) Amount Previously Received, if any $6,112.23 $ (6) Amount Requested (Subtract line (5) from line (4)) $1,200M $ Payment Ac{lon Amount of Payment Signature Name (Type or Print) Date (mmlddlyyyy) r} 00n (fin 0 10. Recommended $ 1 ,2.0 � G'L� f �,Zs 11. Approved $ Remarks: Public reporting burden for this collection of Information Is est €mated to average 1.5 hours per response. This Includes the time for collecting, Teviewing, and reporting the data. The Information Is being collected under the authority of the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970, and Implementing regulations at 49 CFR Part 24 and will be used for determining whether you are eligible to receive a payment for moving and related expenses and the amount of any payment. Response to this request for Information Is required In order to receive the benefits to be derived. This agency may not collect this Information, and you are not required to complete this form unless it displays a currently valid OMB control number. Privacy Act Notice: This form Is for the use of displaced businesses, nonprofit organizations, and farm operators that wish to apply for a Payment for Actual Reasonable Moving and Related Expenses, including Reestablishment Expenses, rather than apply for a Fixed Payment. (The maximum Fixed Payment Is $20,000.) The Agency will explain the difference between the two types of payments. If you are eligible to choose either payment, the Agency will help you to determine which Is most advantageous. If the full amount of your claim Is not approved, the Agency wVI provide you with a written explana- tion of the reason. If you are not satisfied with the Agency's determination, you may appeal the determination. The Agency will explain how to make an appeal. This Information is being collected under the authority of the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970. The information may be made available to a Federal Agency for review. Previous editions are obsolete Page 4 of 4 foirn UD-4 (04/2005) meamworm ADVERTISING SOLUTIONS _ ..............._.._.. _......._.. __... �RO,a.�,� TaPR < <o�n,�N�a,r• � oiv�eEnu . .e��s 5200 Maywood Road 1 Suite 201 / Mound, MN 55364 Phone; 952- 472 -3234 Fax: 952 - 472 -3216 Bill To Barbara Lee's Studio of Dance Barbara Lee O'Reilley 4280 School Blvd Monticello, MN 55362 Invoice Date 11126/2012 Invoice # 62529 Terms Per Contract Item Location Contract # Start Date Amount CounterMate Cub 451 Monticello 2853 01 -01 -2013 300.00 CounterMate Cub 451 Monticello 2853 -2 04 -01 -2013 300.00 CounterMate Cub 451 Monticello 2853 -3 07 -01 -2013 300.00 CounterMate Cub 451 Monticello 2853 -4 10 -01 -2013 300.00 WE ACCEPT VISA, MASTERCARD, DISCOVER AND AMERICAN EXPRESS Payments /Credits $0.00 CARD # Balance Due $1,200.00 EXP DATE l AMOUNT $ Thank you for your business. 59 Business Relocation Summary Broadway Plaza Building Barbara Lee's Studio of Dance Claim #3 12111/12 24.303 Related Expenses ITEM Previously Submitted "Ihi Claim Amount to Date 24.301 Actual Moving Expenses �.....' "3.._..__': 1 Transportation of personal property $970.00 . ..,,.,.� _ 970,00 2 Packin , crating, unpacking, un- crating 165.00, : ,.. ,..,:.__° - 3 Disconnection, dismantling, etc. of personal property $1,533.00 ;gym;.:: "_.,. r 1 533.00 5 Storage of personal property 788.67 N - 5 Insurance for replacement value j - 6 Loss of property, damaged, stolen - 7 Other related expense 1,053.57 12Q400 - 11 Licenses, permit & certification w 43 - 12 Professional Services Plan the Move 13 Printed Material 1 signs 55.56 55.56 14 Direct toss - 15 Cost incurred in sale - 16 Purchase of substitute propery - 17 Searching for replacement $2,500.00 2,500.00 18 Low Val u e- H ig h Value - SUBTOTAL 5,058.56 _ 5,058.56 24.303 Related Expenses a Utilities from ROW �.....' "3.._..__': b Professional fee /determine suitability 100.00 3 100.00 c Impact Fees 165.00, x� ` - 4 SUBTOTAL - - - 24.304(a) Business Reestablishment 11 Code Req uirements 2 Modification to replacement property 100.00 3 100.00 3 Exterior Si na a 165.00, x� ` 165.00 4 Redecorationlre lacement surfaces - 5 Advertisement 788.67 `t 1 ^2Q000;> 1,988.67 6 Increased operational costs j - 7 Other' - Subtotal 1,053.57 12Q400 2,253.67 SUBTOTAL $50,000 Maximum TOTAL $6,112.23 '1;20UObr 7312,23 •1 0 z a fk O z x V d V ♦V.r �A �4 O C Vi ca oo N I N o Vi I N I N I vi Ifi 14� m N N N N 0�0 00 �ON� O O O O O O 4� N m M r—I OU o N Cd U O N lV 'r I1 0 0 0 0 N O QN N N O Q �4 O Q W F. o z Vi ca oo N I N o Vi I N I N I vi Ifi 14� m N N N N 0�0 00 �ON� O O O O O O 0 0 0 0 O O O O 00 00 00 00 m m m m N N N N N N h N N N N O N m N 61 C° M `i M N u �4 W N m U �n 0 N 0 O V 4 a D M N N N N N N N 0 0 0 0 N O QN N N O Q N N W F. W W [/) Ri y 4�•s •� O •N� O O 7 • � 7 C1 V�] 00 0o O 4 N 00 V oo O Vim) M } 7 A N 01 V1 \m 'n V1 O O O O � y '�]- � Y N V1 V1 V1 Vl Pa r-a w w G7 � UJ f'•3 W � c� i7 w C7 C7 C7 C7 a w 0 0 0 0 O O O O 00 00 00 00 m m m m N N N N N N h N N N N O N m N 61 C° M `i M N u �4 W N m U �n 0 N 0 O V 4 a D XcelEnergye RESPONSIBLE BY NATURE- Northern States Pourer Company Please Retum -this f union With Your Payment, AV 01 001028 35381 B 5 A * *.rit)QT MONTICELLO ECIA 505 WALNUT ST STE 1 MONTICELLO MN 55362-3831 Ilnlil! l�It' 1�1I> I IIIEIt��I'Ejlil�lllflErilra�,�. rtl�Crr��lt��ttu P.O. BOX 9477 M PLS, M N 55484 -9477 31 51011413 05173848 Q0000001531UUUUUU01532 Detacli and Retain Tttis Portion rorYour Records tluestiorw. Call 74 Hours 7 (lays A Week or write to us at; _ r'lease Call' 000 0 -4999 Fax' Northern States Power Company � WE'RE n.ry �...... €: ' Hearin 4 Impaired: 1000 895 -4949 {80Dj 895 -'2895 PO BOX 8 �'�� > :..:_...�::,. y'` � ..Y.,._ Espaildf: 808 6117 -8778 E=AU CLAIRE WI 54702.0000 Billing Summary Residential Previous Balance 11112 $31,98 PnymentHeceived as of 12114 1 Bulance As Of 12114 .00 Current Energy Charges 12114 .32 Tatar 15.32 lectric Charges Usage Period, 11/12J12 to 17J1 Invoice # 451215635 Residential Sorvieo 31 bays Basic Service Chg Affordability Charge Energy Charge Wintar47 kWh 6$0.069760 Fuel Cost Charge 47 kWh 0 0.0*6 ; Resource Adjustment SuMotal City Fees State Tax 06,876% } Total Amount 3 C Averages for This Last )BIlling Period Year Year Average Tornperature 29* 29 Elactriclkwh per 1)ay 15 0.0 Cost pqr Day $0.49, $0.00_ aril Degrees Warmer Meter Beading Information Meter 000052245031 Total Enorgy-kft $7.11 Company Beading on 17115 ..... 04870 $0.50 Cnmpan Roadie on 11112 . .... ............................... 64829 V.20 'total sage in 31 Hays kVVh 47 $1.32 $1. $1.05 $15432 Differant fuel sources are tlsed 1'o aenerate electricity. a.ind,the-v oroduco different air emissions. For (updated environmontal information forthe year ended,2011. go to- vuthrvv.xcelgnergy.c mlMNRatos, then Pa to Additional Kesourcos, Bill Inserts and Brochures/losi,de Your Ele aria >3ill- MirOnmental Disclosure' Costs. If you don t have Internet access, please contact us at 1- 800895- 4999and we can provide you with this information. Thankyou foryour payment, MONTICELLO EDA 112 E BROADWAY ST MONTICELLO, MN 55362 -9321 see.Itack of hill for Aocuunt #; 51-05117384-8 more informntion. Page 1 of 1 Statement Date: 12/14}72 62 Next Scheduled t_.,,..: .. ;.: A -- s < = <` Motor Beading Date ' : - s z . M� y '- 51- 0517384 -8 01/14/2013 $1532 Thank Y2 Ilnlil! l�It' 1�1I> I IIIEIt��I'Ejlil�lllflErilra�,�. rtl�Crr��lt��ttu P.O. BOX 9477 M PLS, M N 55484 -9477 31 51011413 05173848 Q0000001531UUUUUU01532 Detacli and Retain Tttis Portion rorYour Records tluestiorw. Call 74 Hours 7 (lays A Week or write to us at; _ r'lease Call' 000 0 -4999 Fax' Northern States Power Company � WE'RE n.ry �...... €: ' Hearin 4 Impaired: 1000 895 -4949 {80Dj 895 -'2895 PO BOX 8 �'�� > :..:_...�::,. y'` � ..Y.,._ Espaildf: 808 6117 -8778 E=AU CLAIRE WI 54702.0000 Billing Summary Residential Previous Balance 11112 $31,98 PnymentHeceived as of 12114 1 Bulance As Of 12114 .00 Current Energy Charges 12114 .32 Tatar 15.32 lectric Charges Usage Period, 11/12J12 to 17J1 Invoice # 451215635 Residential Sorvieo 31 bays Basic Service Chg Affordability Charge Energy Charge Wintar47 kWh 6$0.069760 Fuel Cost Charge 47 kWh 0 0.0*6 ; Resource Adjustment SuMotal City Fees State Tax 06,876% } Total Amount 3 C Averages for This Last )BIlling Period Year Year Average Tornperature 29* 29 Elactriclkwh per 1)ay 15 0.0 Cost pqr Day $0.49, $0.00_ aril Degrees Warmer Meter Beading Information Meter 000052245031 Total Enorgy-kft $7.11 Company Beading on 17115 ..... 04870 $0.50 Cnmpan Roadie on 11112 . .... ............................... 64829 V.20 'total sage in 31 Hays kVVh 47 $1.32 $1. $1.05 $15432 Differant fuel sources are tlsed 1'o aenerate electricity. a.ind,the-v oroduco different air emissions. For (updated environmontal information forthe year ended,2011. go to- vuthrvv.xcelgnergy.c mlMNRatos, then Pa to Additional Kesourcos, Bill Inserts and Brochures/losi,de Your Ele aria >3ill- MirOnmental Disclosure' Costs. If you don t have Internet access, please contact us at 1- 800895- 4999and we can provide you with this information. Thankyou foryour payment, MONTICELLO EDA 112 E BROADWAY ST MONTICELLO, MN 55362 -9321 see.Itack of hill for Aocuunt #; 51-05117384-8 more informntion. Page 1 of 1 Statement Date: 12/14}72 62 Next Scheduled t_.,,..: .. ;.: A -- s < = <` Motor Beading Date ' : - s z . M� 01/18/13 01/14/2013 $15.32 Please see the back of this bill for more information regarding the late payment charge, Pay on or before the date due to avoid assessment of a late payment charge, Statement# 3511809310 t 211 Premise# 3036=54 n �7- 7. Xcel Energyo RES- PONSIBLE BY -NATUREu Northern States Power Company Please netern This Portion With Your Payment. � ^"'i:�i •'Rw 11. Sf ath f„ -,a4a f4S'Ew:: b - _ 51- 060082 -0 01/15/2813 $15.t1{I ThankYoul AV 01 002198 56969 E 9 A * *SDQT 1r111�1111" Illlllrlln�llz, �llll :alll��l�yr�llrrrrrlllllrr1111 MONTICELLO EDA 545 UVALNLIT ST STP 1 MONTICELLO MN 55362 -8831 f 117\1� r rr�l rrll r r rtl Ill r 1 Il III It;�,l I �fri l�'H � SOX 94 MP LS, MN 55484-9477 31 51011511 062108U dCIOCICJCkl315�f3CI0gd13CIg3JS80 Detach and Retain This Portion For Your Records `J Questions: Call urwride to us at: Please Call: (BOO) 481 -4700 Northern States Power Company Hearing Impaired: IBM) 895 -9949 PO BUX 0 Fax: {8001311 -0050 LAU CLAIRE WI 54702 -9008 rs� Billing Summary. -: :• •• � ��R, ��: �� *:��,�°'>��:�:Y,�,.";r::�.ri -: Commercial Previous Balance 11/13 Payment Heceived as of 12117 Balance As Of 12117 Commercial Electric Service 12117 Total 15.80• DE , 2 4 2012 • v t X15.80• W Averages for This Last Billing Period Year Year Av_aoge Tomperature —_ - - -- - .- 29* 28 ElectricAvuh per Day - — 010 0.0 Cost y er oay _- $0.40 For an average non - demand customer, 73% of your bill refers to power plant costs, 10% to high voltage line costs, and 17% to the cost of local wires connected to your business. For an averagge demand - billed customer, 83% of your total bill refers to power plant costs, 10% to high voltage limes, and 7% to the cost of local wires connected to your business. MU11 FICELLO EDA 349 W BROADWAY ST MONTICELLO, MN 55362 -930 See hack of bill-for Account M. 51- 0623082 -$ trrere informatiau. Page 1 of 2 Statement Date: 12117112 63 NoxtSchodulad motor Rnadin nate -- ...:..iYc .rY.'S`2RL?5�>. =x - v:�YSc; &3'3��;�' __:_•,_•'tea;: �.:• -:x -.. -. soo-wnw4 .a<s:d:fir{i":3:.:i?:.,9�?Jg�yl - � ,- } &N.3 "•:iik3:;Y,3vS, #R,- `4...3: w: ir3Yd :4'3'i�iiE#3i�.S;;r'o"-'x"` Elociric Charges Usage Period. 11 /13/12 to 12/16/12 Invoice #451397423 Total Energy -kWh Mote, r# Company Heading on 13116 42695 000052995965 Company Reading on 11113 42695 Total Usage in 33 Days kWlt O Sm Gen Svc (Metered) 33 Days Basic service Cho $0 fit Affordability Chg $0.67 Energy Charge Winter 0 kWh . a $0.066070 $0.00 Bosource Adjustment 0 00 Subtotal 9.28 city Fees $5.50 State Tax OU,875% 1.0 Total Amount $15.80 For an average non - demand customer, 73% of your bill refers to power plant costs, 10% to high voltage line costs, and 17% to the cost of local wires connected to your business. For an averagge demand - billed customer, 83% of your total bill refers to power plant costs, 10% to high voltage limes, and 7% to the cost of local wires connected to your business. MU11 FICELLO EDA 349 W BROADWAY ST MONTICELLO, MN 55362 -930 See hack of bill-for Account M. 51- 0623082 -$ trrere informatiau. Page 1 of 2 Statement Date: 12117112 63 NoxtSchodulad motor Rnadin nate -- 01/21113 011151013 $15.811 Plaaso soo the back of this bill for mare information regarding the late payment charge. Pay on or before the date due to avoid assessment of a late payment charge. Statement # 354983395 Premise # 30+3657358 Xce1Energyr RESPONSIBLE eY MATURE- Northern States Power Company Please Return This Portion With Your Payment. AV 01 002196 $6968 E 8 A *"5i]QT IIVYIIIIIIIIw 1 111tll1 1111IIIIIIIIjlllrLrll1111 'llil'11111 MONTICELLO EDA 505 WALNUT ST MONTICELLO MN 55362 -BB31 ii[l ritlrtil 'IIIIrI�lIlllllllill'I'Ill' {II I III,lI�j1i1iry ki,i�u P.O. BOX 9477 M P LS, MN 55484 -9477 31 51011513 05925780 01'gcannQ1S800000L1001580 Detach and Retain This Portion For Your Records Questions: Cull or vurito to us at: $ -x ; -:.c, a xeaa «•.a Please Call: (800) 4014100 Northern Status Power Company �qp� Hearing Impaired: 1000} 095 -4949 PO BOX O Fax: {e001311-0050 EAU CLAIRE Wi 54702 -0000 1�' Commercial4 Meter Reading Data 51- 0592578 -0 01/15/21113 $75.1:#1 Thank YDul Balance As Of 12117 AV 01 002196 $6968 E 8 A *"5i]QT IIVYIIIIIIIIw 1 111tll1 1111IIIIIIIIjlllrLrll1111 'llil'11111 MONTICELLO EDA 505 WALNUT ST MONTICELLO MN 55362 -BB31 ii[l ritlrtil 'IIIIrI�lIlllllllill'I'Ill' {II I III,lI�j1i1iry ki,i�u P.O. BOX 9477 M P LS, MN 55484 -9477 31 51011513 05925780 01'gcannQ1S800000L1001580 Detach and Retain This Portion For Your Records Questions: Cull or vurito to us at: $ -x ; -:.c, a xeaa «•.a Please Call: (800) 4014100 Northern Status Power Company �qp� Hearing Impaired: 1000} 095 -4949 PO BOX O Fax: {e001311-0050 EAU CLAIRE Wi 54702 -0000 1�' Commercial4 Meter Reading Data Previous Balance 11112 Payment Received as of 1 V1 ItKcn Averages for This Last Period Year Balance As Of 12117 'Do D E, 2 4 20t P Billing Year Commercial Electric Service 12!17 b15,0U ` Avera a Tom ernture 29'� 29 Total 15,80 Electric /kwh par Day 0.0 0.0 Cast Der Day $0.48 $0.00 * 6 Detirees Warmer Electric Charges Osage Period: 11112112 to 17!151 Invoice # 451409757 Total Enargy-kWti Motor Compuny'Readiog on 12/15 000001727791 Company Reading on 11/12 Total Usage in 33 Bays Actual Demand -kW Billable Demand Sm 0 o Svc iMatered) 33 Days Basic Service Chg Affordability Chg Energy Charge Winter Resource Adiustment suhtotal City Foes State Tax 06.075% Total Amount 121107 Vaal kvuh a 0.24 0 Mull $0.07 0 kWh ® $0.060070 $0.00 $0.00 $9.28 $5.50 �15.an For an average non - demand customer, 73% of your hill refers to power plant costs, 1011/6 to high voltage line casts and 17% to the cost of Total Wires connected to your business. For an average demand- billed customer, 83% of Your total hill refers to power plant costs, 10%to high voltage lines, and 7% to the cost of local wires connected to your business. See hack of bill for more information. Page 1 of 2 MONTICELLO EDA 202 PINE ST MONTICELLO, MN W362 /account 11: 51- 0592578.0 Statement Date. 12/17/12 M Please see the back of this bill far more information regarding the late payment charge, Pay on or before the date due to avoid assessment of a late payment charge. Slatemont # 350982807 Promise # 3047449 N � N � o p Meter Reading Data 0!/18113 07/75/2013 $!5.$0 Please see the back of this bill far more information regarding the late payment charge, Pay on or before the date due to avoid assessment of a late payment charge. Slatemont # 350982807 Promise # 3047449 N � N � o p ' Xcel Energy® RESPONSIBLE BY NATUF19m Northern States Power Company Please Return This Portion With Your Payment. AV 02 002108 369 68 D 9 A * *SDOT 1411III ,IIIIIIIIIIIIIIIIIllnIIIIIIIIk lrlllllllllllllII III MONTICELLO EDA 505 WALNUT ST STE 1 MONTICELLO MN 55362 -0331 III, III�I11lI�I111111I111111111111' llllll�� `f'�,�C!!:I'I111f1><III P.O. BOX 9477 MPLS, MN 55404 -9477 �11 511111,511�1 US173655 ODODOOE1169200000021692 Detach and Retain This Portion For Your Records Questions: Call or write to us at; Please Cell: (8001481 -4700 Northern States Power Company Bearing Impaired: (800) 89'5 -4949 PO BOX 8illrnntuia�ilt Fax; (000(311-0050 EAU CLAIBL W154707 -0000 Billing Summary Commercial '• Previous Balance 11/12 Payment Received as of IZ07 1Jalance As Of Will Commercial Electric Service 12117 Total $1gg.q1CR Averages for This Last j 0.00 Billing Period _ Year Year t DEC 2 4 2012 $21G:92 �Lvernag Temperature * 2s 2169 Electricllcwh per Day 52.9 0.0 Cost Vor ogy $6,50 4. 0 Degrees Warmer Electric Charges Usage Periad:11117,112 to 17115/12 Invoice 4451394268 Total Energy -kWh Meter # Company Beading on 12115 44045 000007727744 Cnuypany needing on 11)12 43021 Total Ifsage in 33 Days kWh 1024 Actual :Doman d -kW 3.97 Billable Demand 4 Sin Gen Svc {Metered) 33 Days Basic Service Chg Affordability Chg Energy Charge Winter Fuel Cost Charge Resource Adjustment subtotal City Foos State Tax @6,8751/o Total Amount $0,61 $0.61 1024 kWh @ $1060870 $613.47 1024 kWh ®S0.U20400 $29.09 $4'.01 $110.05 $5.50 $174.35 For an average non- demand customer, 73% of your bill refers to power plant costs, 10% to high voltage line costs, and 17% to the cast of local wires connected to your business. For an average demand - billed customer, 83% of yourtotal bill refers to power.plant costs, 10% to high voltage lines, and 7% to the cost of local wires connected to your business. MONTICELLO EDA 206 PINE ST MONTICELLO, MN MZ -8665 See back of bill for Account M 51051736" more information. Page 1 of 4 Statement Date:1 V17/12 65 Next Scheduled Meter Beading Date S O Y.it iz".'121 E - - .. :: t. :k :)' •' Y ` ja. -'.. �.j.'. j -'i6x 51- 0517366 -5 0111'WM13 $216.92 Thank You AV 02 002108 369 68 D 9 A * *SDOT 1411III ,IIIIIIIIIIIIIIIIIllnIIIIIIIIk lrlllllllllllllII III MONTICELLO EDA 505 WALNUT ST STE 1 MONTICELLO MN 55362 -0331 III, III�I11lI�I111111I111111111111' llllll�� `f'�,�C!!:I'I111f1><III P.O. BOX 9477 MPLS, MN 55404 -9477 �11 511111,511�1 US173655 ODODOOE1169200000021692 Detach and Retain This Portion For Your Records Questions: Call or write to us at; Please Cell: (8001481 -4700 Northern States Power Company Bearing Impaired: (800) 89'5 -4949 PO BOX 8illrnntuia�ilt Fax; (000(311-0050 EAU CLAIBL W154707 -0000 Billing Summary Commercial '• Previous Balance 11/12 Payment Received as of IZ07 1Jalance As Of Will Commercial Electric Service 12117 Total $1gg.q1CR Averages for This Last j 0.00 Billing Period _ Year Year t DEC 2 4 2012 $21G:92 �Lvernag Temperature * 2s 2169 Electricllcwh per Day 52.9 0.0 Cost Vor ogy $6,50 4. 0 Degrees Warmer Electric Charges Usage Periad:11117,112 to 17115/12 Invoice 4451394268 Total Energy -kWh Meter # Company Beading on 12115 44045 000007727744 Cnuypany needing on 11)12 43021 Total Ifsage in 33 Days kWh 1024 Actual :Doman d -kW 3.97 Billable Demand 4 Sin Gen Svc {Metered) 33 Days Basic Service Chg Affordability Chg Energy Charge Winter Fuel Cost Charge Resource Adjustment subtotal City Foos State Tax @6,8751/o Total Amount $0,61 $0.61 1024 kWh @ $1060870 $613.47 1024 kWh ®S0.U20400 $29.09 $4'.01 $110.05 $5.50 $174.35 For an average non- demand customer, 73% of your bill refers to power plant costs, 10% to high voltage line costs, and 17% to the cast of local wires connected to your business. For an average demand - billed customer, 83% of yourtotal bill refers to power.plant costs, 10% to high voltage lines, and 7% to the cost of local wires connected to your business. MONTICELLO EDA 206 PINE ST MONTICELLO, MN MZ -8665 See back of bill for Account M 51051736" more information. Page 1 of 4 Statement Date:1 V17/12 65 Next Scheduled Meter Beading Date �: - �ara.:- :, . . :y:` ;^ . ate. °tea 01/18/13 01/1512013 $215.92 Please see the baok of this bill for more information regarding the late payment charge. Pay on or before the date due to avoid assessment of a late payment charge. statement # 350979382 Promise # 302451193 HESP0N81019 Hr H447UHNo Northern States power Company Please Return This Portion Wiih Your Payment. MONTICELLO EIDA 505 WALNUT ST STE 1 MONTICELLO MN 55362 -8822 R 0. BOX 9477 M PLS, M N 55484 -9477 31 51011513 05173655 000000216920anDOU21692 1- petach and Retain This Portion For Your Ram& — (luestions: Call or unto to us at; Please Call: (8110) 401 -47W Northern States Powar Company r Bearing Impaired: {1190) 896.4949 PO (30}C 8 Fax: 1800) 311 -0850 EAU CLAIRE WI 54742 -0088 Electric Charges Usa1Un Perled:11112/12 to 12115112 Invoice # 451393129 Total Energy -kWh Meter# Company Bonding ert 12115 000097727732 Company Read in un 11112 Total Usage in 33 Days Actual Demand -kW Billable Demand sm Gen Svc IMeteredl 33 Days Basic Service Chg Affordability Chg Energy Charge Winter Fuel Cast Charge hasovrco Adjustment Subtotal City Foos State Tax 06.8750A Total Amount Averages for This Last Billing Period -_ - __ Year Year Average Tom.paratura 29;� T Eloctricfth per Day 62,9 0.0 Cost per Day $6.511 * 0 Degrees 'Warmer 59522 58798 kWh 724 4.74 5 $8,61 $0.67 724 kWh 0 $0.(166870 $48,41 724 kWh 0$9,020412 $20.57 $01.11 $5.59 $5_96 $92.57 For an average non - demand customer, 73% of your bill refers to power pliant costs, 10%to high voltage line casts, and 17% to the cost of local wires connected to your business. For an average demand- billed customer, 83% of your total bill refers to power plant costs, 10% to high voltage lines, and 7% to the cost of local wires connected to your business. MONTICELLO EDA 112 E BROADWAY ST MONTICELLO, MN 55362 -9321 sae back of hill for Account IC 51- 0517365 -5 more information. Page 3 of 4 Statement Date: 1W17/112 0 Nexts�lieduled Motor Reading Data �.� :� - 111115)2013 � . P $216.92 D1110/13 61`0517365-5 01/15/2013 $216.927 Thank Youl R 0. BOX 9477 M PLS, M N 55484 -9477 31 51011513 05173655 000000216920anDOU21692 1- petach and Retain This Portion For Your Ram& — (luestions: Call or unto to us at; Please Call: (8110) 401 -47W Northern States Powar Company r Bearing Impaired: {1190) 896.4949 PO (30}C 8 Fax: 1800) 311 -0850 EAU CLAIRE WI 54742 -0088 Electric Charges Usa1Un Perled:11112/12 to 12115112 Invoice # 451393129 Total Energy -kWh Meter# Company Bonding ert 12115 000097727732 Company Read in un 11112 Total Usage in 33 Days Actual Demand -kW Billable Demand sm Gen Svc IMeteredl 33 Days Basic Service Chg Affordability Chg Energy Charge Winter Fuel Cast Charge hasovrco Adjustment Subtotal City Foos State Tax 06.8750A Total Amount Averages for This Last Billing Period -_ - __ Year Year Average Tom.paratura 29;� T Eloctricfth per Day 62,9 0.0 Cost per Day $6.511 * 0 Degrees 'Warmer 59522 58798 kWh 724 4.74 5 $8,61 $0.67 724 kWh 0 $0.(166870 $48,41 724 kWh 0$9,020412 $20.57 $01.11 $5.59 $5_96 $92.57 For an average non - demand customer, 73% of your bill refers to power pliant costs, 10%to high voltage line casts, and 17% to the cost of local wires connected to your business. For an average demand- billed customer, 83% of your total bill refers to power plant costs, 10% to high voltage lines, and 7% to the cost of local wires connected to your business. MONTICELLO EDA 112 E BROADWAY ST MONTICELLO, MN 55362 -9321 sae back of hill for Account IC 51- 0517365 -5 more information. Page 3 of 4 Statement Date: 1W17/112 0 Nexts�lieduled Motor Reading Data �.� :� - 111115)2013 � . P $216.92 D1110/13 Statement # 350979382 preiniso # 302695149 Iff'o" ON DEVELOPMENT SERVICES December 26, 2012 City of Monticello Attn: Angie McIntire 505 Walnut St. Monticello, MN 55362 Re: Broadway Plaza Building BL Used Bike Shop Dear Angie, ;..4"q OFFICE 952.44$.4630 800.448.4630 FAX 952.448.4676 WI LSONDEV510 @ACL.00M 510 CHESTNUT STREET, SUITE 200 CHASKA, MINNESOTA' 55318 Enclosed is an invoice in the amount of $150.00 for a move estimate done at BL Used Bike Shop in Monticello to determine the amount to be paid for a self -move. Please issue the check as follows to: ,9 3,L60 yfl Action Moving Services, Inc. in the amount of $150.00. �11F[f t.`., „., .. 1"! i?�r Please send me an electronic copy of the check for the file, when complete. Sincerely, 6;h;n Callender Wilson Development Services LLC 67 y a Ann Zimmerman From: Angie McIntire Sent: Wednesday, December 26, 2012 2:43 PM To: Ann Zimmerman Subject: FW: Check Request -BL Used Bike Shop Attachments: doc20121226125457.pdf; doc20121226125132.pdf; doc20121226125144.pdf Ok to pay $150 to Action Moving for MCFARM Relo (on behalf of BL Bikes this time) Thanks and let me know if you have any questions. Angie From: John Callender [ mailto :johnC&wilsondeyelopmentser\ ices.com] Sent: Wednesday, December 26, 2012 2:04 PM To: Angie McIntire Cc: Ann Zimmerman; Jeff O`Neill Subject: FW: Check Request -BL Used Bike Shop Hi Angie, Attached is a memo requesting payment to Action Moving Services, along with the invoice and a copy of the move estimate done at BL Used Bike Shop. Let me know if you have any questions about this payment request. Happy holidays, John IN- TO 12400 Washburn Avenue South Burnsville, MN 55337 952-894-8888 FAX 952-894-0020 800-328-3803 www.actionmoving.com W.11-20N !"x'-VEtJ3PMf.:'I9T wrm" dDIFIN CAL•,E:1\11301`t 510 Nfl, CHEE)TNUT STI P�100 CHW'33KAl VIN t-513318 FED. ID# 41-1397133 INVOICE INVOICE NUMBER ,�--i02(-yS INVOICE DATE" 0• /1 F2 P.O. NUMBER E' CUSTOMEH NUMBEW " SHIPPER FROM TO SALESMAN M� SERVICE CODE DESCRIPTION AMOUNT QUANTITY % CHARGES & PR WEIGHT RATE LREDITS D011 SURVEY FOR BIC •E 103K, SURVEY 1. b 00 1�0. 00[704 50. BY ORDBEZ CJV-" 'THE will he IF Nf]"T'PAIt) BY I PC) /1 .1 BASED t'.)N 5— 54 AJ W A MINI 111LIM, f.s 10_ 00 FlAy $ 1150.00 IF I"'OSTMARKED BY 'I IP Q / 13 PAY $ 1 6CL f.:)o IMF -TEN .1. 1/ (?() / I ":., MM 12/21/2012 Dane Wollak Cell: 612.983.2238 dana.wollak @actlonmoving.com 12400 Washburn Avenue South o Burnsville, MN 55337 952 -894 -8888 • 800- 328 -3803 • Fax: 952 -894 -0020 www. action moving.com _ John Callender l Wilson Development. Re: BL Used Bike Shop / Rob Butler 112 East Broadway Monticello, MN 55362 john@wiisondeveloprnentservices .corn Move: We will use 4 men and 1 truck at $190.00 per hour including ramp and travel for 8 hours for an estimated cost of $1520.00 $1,520.00 Disassemble and reassemble of shelves with hangers in front room $240.00 Toggles, screws, etc. $38.00 7.125% Safes Tax $2.71 Disassemble and reassemble of ramp by Van Hove Construction $2,730.00 Screws, shims, extra lumber, etc. $155.00 7.125% Sales Tax $11.04 Packing ! Loading Gondolas: We will use 2 men and pack truck at $92.00 per hour for 7 hours including travel for an estimated cost of $644.00 $644.00 Packing materials $78.00 7.125% Sales Tax $6.56 Insurance: $30,000 l=ull Value Protection $225.00 Total Estimated Cost: �l'if %"�� _ I A American I rnrLr Ielwea iMegrdyr quafilyrsoArtions pRoMOV RFtlbY.RFR IdieAltAtIVHAL NeVU w„.m,,...w.. ARnvin9 ar+ 5tarasa Assosiatran 70 $5,649.31 �umroviw.w An IATA Company 0 L ON r I DEYELQPMENT SERVICES December 21, 2012 City of Monticello Attn: Angie McIntire 505 Walnut St. Monticello, MN 55362 Re: Broadway Plaza Building Lakeland Dental Clinic' Dear Angie, OFFICE 952.448.4630 800.448.4630 PAX 952.448.4676 WILSONDEV510@AOL.COM 510 CHESTNUT STREET, SUITE 200 CHASKA, MINNESOTA 55318 Enclosed is an invoice in the amount of $200.00 for a move estimate done at Lakeland Dental Clinic in Monticello to determine the amount to be paid for a self -move. Please issue the check as follows to: 4 51'0 Berger Transfer & Storage in the amount of $200.00. Please send me an electronic copy of the check for the file, when complete. Sincerely, 6JCallender Wilson Development Services LLC 71 � 3 Ann Zimmerman From: Angie McIntire Sent: Monday, December 24, 2012 8:58 AM To: Ann Zimmerman Subject: FW: Check Request - Lakeland Dental Clinic Attachments: doc20121221164402.pdf; doc20121221163156,pdf, doc20121221165632.pdf OK to pay for Montgomery Farms Relo, $200 to Berger Transfer & Storage Angie From: John Callender [mailto: john @wilsondevelopmentseryices,com] Sent: Friday, December 21, 2012 4:51 PM To: Angie McIntire Cc: Ann Zimmerman; Jeff O'Neill Subject: Check Request- Lakeland Dental Clinic Hi Angie, Attached is a memo requesting payment to Berger Transfer, along with the invoice and a copy of the move estimate done at Lakeland Dental Clinic. Let me know if you have any questions about this payment request. Happy holidays, John 72 BERGER Invoice # Date 120070428 000 12/18/2012 ------------ - ----- Invoice To ---------- - - - - -- Cust #: 172967 WILSON DEVELOPMENT SERVICES Tariff: ATTN: STEVE SCHMIEG Section: 510 N CHESTNUT STMIET Contract: STE 200 CHASKA, MN 55318 ------------------ Shipper ---------------- ------------------ - Consignee ------------------ WILSON DEVELOPMENT SVCS WILSON DEVELOPMENT SVCS 510 N CHESTNUT STREET, STE 200 510 CHESTNUT ST, STE 200 CHASKA, MN 55318 Cf1ASKA, MN 55318 --------------------------------------------- NOTES ------------------------------------------------- None Charge Make Checks Payable & Remit To Berger Transfer & Storage NW 7215 PO Box 1450 Federal Id# 41- 0677589 Minneapolis, MN 55485 -7215 (651) 639 -2260 Al Load Date:12/17/2012 De1v Date:12/17/2012 BOL: PO #: BIDS 200.00 ------------------------------------ ACCESSORIAL CHARGES----- ------- - - ---- ------------- Description ----------- -- -.Qty - -__ - - -- Rate _ _ Charges ORIGINAL Charges Totals: 200.00 Pay This Amount: 200.00 Late Payment Charge After 30 Days 10.00 Total With Late Charge: 210.00 N W .y f4` �fxs ,�,.i r S r� x- wr s - OyF ZAF M r A G E N T A L L I E D V A N L I N E S TERMS OF APPLICABLE TARIFFS AND BILL OF LADING APPLY. SUBJECT TO TERMS AND CONDITIONS ON THE REVERSE SIDE, 73 SERWR MOVING FC3F?WARO )? December 17, 2012 John Callender Wilson Development Services 510 North Chestnut Street, Ste.200 Chaska, MN 55318 Mr. Callender, Thank you for giving Berger Transfer the opportunity to give you a Bid for the relocation of your client Lakeland Dental located in Monticello. Berger would handle all packing, loading, moving, unpacking and placing of iterns that will be moved. Berger is not responsible for any electrical or plumbing disconnects or reconnects. If you have any questions call me at your earliest convenience so that we can discuss them. It is my purpose at all times to render a thoughtful and considerate move that will merit your highest esteem. Sincerely, Berger Transfer & Storage, Inc. Jeff Johnson Move Consultant Office & Industrial Division LAW for AMW VanUW 74 S F a SERSER OWING FORWARD)� Lakeland Dental Relocation Bid 12/17112 .4 . z Packing Three Men & Truck @ $132.00 per hour x 9 hours $1,188.00 Labor & Transportation Main Move One Supervisor $ 41.00 per roan hour x 9 hours $ 369.00 Two Drivers $ 4 1. 00 per man hour x 9 hours $ 738.00 Four Movers $ 33.00 per Haan hour x 9 hours $1,188.00 Two Installers $ 35.00 per roan hoar x 9 hours $ 630.00 Two Trucks $ 25.00 per man hour x 9 hours $450.00 $ 3,375.00 Unpacking $1,188.00 Materials 50 Boxes $ 2.50 each $125.00 4 rolls tapes $ 20.00 6.875 % Tax $9.97 $ 154.97 Total Bid $ 5,90597 INSURANCE Under Our complete inset -ance program, we carry all necessary requirements pertaining to liability, property damage and bodily injury. PROPERTY DAMAGE (Non -Auto) $1,000,000.00 per accident BODILY INJURY (Auto) $1,000,000.00 per accident UMBRELLA LLkRILITY $9,404,000.00 per accident A Certificate of coverage can be furbished, if requimd, mining both origin and destination buildings and their prospective managing companies. WL 75 BERBER MOVING MfIW4R ) LOCAL OFFICE & INDUSTRIAL PROTECTION PLAN Please sign and date one of the following: Basic Liab_ iliLy $.60 per pound per article. Under this protection your goods are covered up to $.60 per pound (of weight) per individual item, There is no charge for this coverage. Signature: _ Date: Replacement Value Protection This option covers your goods for replacement value. This type of coverage has a minimum declared value of $10,000.00. This coverage is available with a $0 or $500.00 deductible. $0 Deductible available at $8.00 per $1,000.00 declared value. $5%00 Deductible available at $5,00 per $1,000.00 declared value. Signature: Date: Declared Value: . Premium: As always, your relocation consultant will be glad to answer any questions regarding this or any other moving matters. When declaring the good's value, you must use the full value of all items to avoid an under insurance penalty. Berger has the option to repair or replace damaged items. ACCEPTANCE OF PRQPOSAL, This'proposal is based on the information provided by your company. We have developed a move plan we believe to be cost efficient based on this information. It is important that we reserve equipment and begin working with you to finalize the move plan. Payment terms are net 30 days upon receipt of invoice. Late payments will be assessed 2% interest per month (including partial month), plus attorney fees and costs of collection. The estimated price, specifications, and conditions are satisfactory and accepted. If changes in the move plan occur, the company representative will keep Berger advised. Carrier Representative Date of Proposal Itrrv�an Uree 76 Company Representative Date of Acceptance 5. A. B. C. D. EDA Agenda — 01/09/13 Consideration of EDA Commissioner Appointment Schedule. (AS) REFERENCE AND BACKGROUND The EDA is asked to review the revised schedule of Economic Development Authority appointments. After researching the history of EDA terms, the following appointment schedule has been prepared for presentation and approval by the City Council. This schedule is consistent with the EDA's Enabling Resolution, which specifies term staggering. Bill Tapper 6 yr 12/2015 Tracy Hinz 6 yr 12/2016 Rod Dragsten 6 yr 12/2014 (filled term of Dan Frie) Bill Demeules 6 yr 12/2018 recommended Matt Frie 6 yr 12/2017 (filled term of Bill Fair) Tom Perrault Council Brian Stumpf Council The City Council will ratify appointments as recommended by the EDA on January 14tH, 2013. Appointments will be retro- active to January 1St, 2013. No action is necessary at this time, as the EDA acted to appoint Commissioner Demeules to a new six -year term in December. The EDA makes appointments for the officer positions of President, Vice - President, Secretary and Treasurer at its annual meeting in February, per EDA bylaws. ALTERNATIVE ACTIONS None. STAFF RECOMMENDATION None. SUPPORTING DATA None. 77 EDA Agenda — 01/09/13 6. Consideration to appoint EDA Commissioners to EDA - Council Purchase /Sale Negotiations Team. (JO /AS) A. REFERENCE AND BACKGROUND To more quickly and effectively respond to land acquisition and sale proposals presented to the EDA, staff is requesting that the EDA formally appoint two members of the EDA to a joint EDA- Council team which will be responsible for the initial response, research and negotiations associated with any EDA - related land acquisition or land sale proposal. As you may know, in recent months, Bill Demeules, Bill Tapper, Clint Herbst and Lloyd Hilgart have been acting in this capacity on an informal basis. The purpose of this request is to formally identify and ratify a subcommittee approach toward negotiating land deals in which both the City Council and EDA have an interest. The group's initial authority will be limited to the preparation of background data (such as Wright County valuation, previous EDA sale information, existing appraisal data, site inspection, etc.), firm establishment of initial offers, and development of a recommendation on a proposed counter offer or offer range. After that first step, the full EDA will be asked to consider the negotiation team's recommendation and formally act to establish a negotiation range. The full EDA will also eventually take action on the final acquisition or sale offer, purchase agreements and other documents as applicable. However, the negotiations team will be able to manage the intermediate negotiation stage with property seller/buyer. To further facilitate this process, a regular item will appear at the end of every EDA agenda titled "Closed Meeting — Land Acquisition Negotiations ", which will give the EDA the flexibility to respond to any needed land transaction at each regular meeting. B. ALTERNATIVE ACTIONS 1. Motion to appoint Commissioners and to the EDA -City Council Purchase Negotiations Team. C. STAFF RECOMMENDATION Staff believes that the establishment of a negotiations team will allow for a streamlined process in managing potential land transactions for the EDA, whether in acquisition or sale, without infringing on the full EDA's responsibility for formal action on such matters. It will also serve to support maintenance of a unified approach (City Council /EDA) toward land acquisition and sale of land. A quick and efficient process supports the EDA's objectives in selling EDA -owned land and in acquiring land meeting EDA objectives. D. SUPPORTING DATA None. EDA Agenda — 01/09/13 7. Director's Report (JO /AS) McCombs Reports Staff has received the final work products from the McComb Group for Block 34 and the Anchor Block. The work products are included here for preliminary review. These will be discussed in more detail at the EDA workshop due to their relationship to achieving the goals of Embracing Downtown. EDA/CC Workshop Date to be discussed at EDA meeting. Fred's Auto - LSI Reimbursement Staff is working with Braun to complete the paperwork associated with reimbursement for the Limited Scope Investigation. The forms also require that the EDA investigate whether our current insurance policy might reimburse the costs. Staff is waiting for word in this regard from the League of MN Cities, the underwriter of the policy on this property. In relationship to the RFP for tank location at the front of the property, staff received only one proposal. Three proposals are required according to current policy. As such, staff intends to wait until March and re -post the RFP. Embracing Downtown Activity Montgomery Farms Building To -date expenses associated with this building, including maintenance and relocation costs, are included for reference. In terms of relocation costs, the EDA has seen only the very initial costs for the relocation of the dentist office and cycle shop, with no invoices or requests for assistance having yet been received from the tattoo parlor and restaurant. This means that the EDA should be aware that there are potentially significant costs yet to be incurred on these remaining relocations. The Pizza Factory has signed a new month to month lease, valid through May of 2013. The terms of the lease requires that by the end of January all costs associated with service and maintenance on the building be the responsibility of Pizza Factory. Lakeland Dental and BL Bikes are in the process of active relocation. Lakeland Dental has received their Certificate of Occupancy for the former Times building. Staff requested that Dan Wilson prepare a short memo on the steps that will need to be taken after January 23rd, which is the end of the 90- notice to vacate given to all remaining tenants. These are formal actions the EDA will need to authorize for any tenants who are not making good faith attempts to relocate. The memo has been provided to the EDA as an attachment to this report. Economic Development Chapter — Comp Plan 79 HKGi has been formally engaged to complete the needed data updates to both Chapter 2 — Community Context and Chapter 4 — Economic Development in draft form. These updates include new baseline data resulting from the 2010 Census, the McCombs market study, as well as internal inventory of current City and MOAA industrial land. Their works consists of the following: Task 1 — Prepare Updated Baseline Data • Collect 2010 Census Data and 2006 -2010 American Community Survey Data for the City of Monticello, Wright County and the Minneapolis -St. Paul Metropolitan Statistical Area • Collect city data, such as building permit data, major employers, and available land inventory • Modify tables and charts within the existing excel file to incorporate the latest statistics • Analysis of the data to understand the changes from 2000 • Edit Chapter 2 Community Context to highlight trends and incorporate the updated tables • Identify components of Embracing Downtown Monticello Report to incorporate into the Economic Development Chapter Task 2 — Update Economic Development Chapter • Attend subgroup meeting • Prepare draft update of the Economic Development Chapter • Attend Economic Development Authority Meeting • Make revisions to Economic Development Chapter • Attend Planning Commission Public Hearing • Finalize Community Context and Economic Development Chapter after City Council adoption Proposed schedule: • January 2013 — Collect data and meet with Staff • February 2013 — Attend subgroup meeting • March 2013 — Attend Economic Development Authority meeting • April 2013 — Attend Planning Commission meeting The costs for this update will be absorbed by the Planning and Zoning Department's budget. 2 :1 ANCHOR BLOCK WORK PRODUCTS ANCHOR BLOCK COMMON AREA DEVELOPMENT COSTS Development Costs Anchor block development area is shown on Map 1 and includes portions of Blocks 31, 32, 35, and 36. The plan shows a 60,000 square foot anchor store for planning purposes. Parcel acquisitions include all of Block 31, except 321 Walnut, and three parcels on Block 36: 207 and 209 Walnut Street and 213 Third Street West. The City -owned parking lot on Block 35 is included. Reciprocal easement agreements will be needed for properties on Block 32 and smaller parcels on Block 35. Total development costs are estimated at about $3,192,000, as shown in Table 1. Table 1 Item Amount Land $ 2,805,818 Hard Costs 325,540 Soft Costs 60,500 Total $ 3,191,858 The estimated budget for acquisition, demolition, easements, and contingency is $2,805,818. Hard costs for common area improvements total $325,540 and include parking lot and drive aisle paving, curbs, gutter, sidewalks, parking lot striping, lighting, landscaping, and contingency. Soft costs total $60,500 and include civil engineering, soil and environmental tests, builders risk insurance, legal fees, and contingency. Site improvements for the common area total $386,040 for 481 parking spaces or an average of $803 per space. The cost of parking varies by block, as shown in Table 2, depending on the activities required to create parking and the amount of curb and sidewalk in the common areas. The costs range from $326 per stall on Block 35 to $1,285 per stall on Block 31. Block 35 cost is low because the existing city lot is only restriped. Block 36 cost is probably most representative of the cost of parking since it is relatively large and has less concrete work. Source: McComb Group, Ltd. i Table 2 BLOCKS 31, 32, 35, AND 36 ESTIMATED COMMON AREA COSTS BY BLOCK Hard Soft Total Parking Cost per Block Cost Cost Cost Spaces Space 31 $ 85,572 $ 15,903 $ 101,476 79 $ 1,285 32 84,368 15,680 100,047 116 862 35 44,026 8,182 52,208 160 326 36 111,568 20,735 132,303 126 1,050 Total $ 325,534 $ 60,500 $ 386,034 481 $ 803 Source: McComb Group, Ltd. i BROADWAY STREET WEST C� 79 STALLS 4d 0 410 RT-OFFT Wi= -QT ALI�s.r t"Alcuw T_- --, H- ,wk L-ox, jj BROAD 4. WAY STREET Ei AT4�1 db 3FID 87FEET r Dr*% olroacIr .A ' I 0♦ 7 14 4M7 LET . kvIrit Revenues Revenue potential from a 60,000 square foot anchor store would include sale of a pad site (80,000 square feet) at $5.00 per square foot. Parking is estimated at five spaces per 1,000 square feet or 300 spaces. Assuming a land license fee of $1,500 per stall will result in revenue of $450,000. Parking license contribution cost revenue is estimated at $1,000 per stall or $300,000. Total revenues of $1,150,000 are summarized in Table 3. Table 3 ESTIMATED DEVELOPMENT REVENUES Item Amount Sale of Pad Site $ 400,000 Parking License - Land 450,000 Parking License - Common Area 300,000 Total $ 1,150,000 Estimated Property Taxes This analysis assumes that the anchor store land and building is valued at $6,000,000 by the Wright County Assessor. The taxable value is derived by applying the class rate as provided by state law. The tax rate includes only the estimated local tax $40,384 for payable 2011. Table 4 ESTIMATED PROPERTY TAXES TAXES PAYABLE 2011 Item Estimated Market Value @ 100 per sq ft Taxable Value First $150,000 @ 1.50% Above $150,000 @ 2.00% Tax Rate Total Property Tax* * Excludes State of M innesota Levy and M arket Value Levies. Preliminary Tax Increment Amount $ 6,000,000 $ 2,250 117,000 $ 119,250 114.565 $ 136,612 The base value for tax increment purposes is six properties that were acquired to create the anchor store pad and common area and parking. It is likely that a tax incremental district would be larger than these six properties, but including a larger area would not affect the tax increment. The assessed value and taxable value of the six buildings is contained in Table 5. Taxable value is $36,526, which is the base value. :14 Table 5 ANCHOR BLOCK BASE VALUE Source: McComb Group, Ltd. This analysis assumes that the anchor store building is valued at $6,000,000 by the Wright County Assessor. The taxable value is derived by applying the class rate as provided by state law. The base taxable value is deducted from the anchor store value. This results in the incremental taxable value of $82,724. The tax rate for calculating the tax increment includes only the local tax or 114.565. This results in an incremental tax of $94,772. A debt constant of 11.0 percent indicates the tax increment could repay about $860,000 in debt that could be repaid by a 15 -year tax increment district. Table 6 PRELIMINARY TAX INCREMENT Ace Item Taxable Value Building Value $ 6,000,000 Assessor's First Above First $150,000 @ 1.50% Block/Address 2,250 Value $150,000 $150,000 Total Block 31 119,250 Less: Base Value $ (36,526) Incremental Value 218 3rd St W $ 608,000 $ 2,250 $ 9,160 $ 11,410 212 3rd St W 94,772 397,100 2,250 4,942 7,192 204 3rd St W 536,700 2,250 7,734 9,984 Subtotal $ 1,541,800 $ 28,586 Block 36 213 3rd St W $ 250,000 $ 2,250 $ 2,000 $ 4,250 207 Walnut St S 117,200 1,758 - 1,758 209 Walnut St S 128,800 1,932 - 1,932 Subtotal $ 496,000 $ 7,940 Total $ 2,037,800 $ 36,526 Source: McComb Group, Ltd. This analysis assumes that the anchor store building is valued at $6,000,000 by the Wright County Assessor. The taxable value is derived by applying the class rate as provided by state law. The base taxable value is deducted from the anchor store value. This results in the incremental taxable value of $82,724. The tax rate for calculating the tax increment includes only the local tax or 114.565. This results in an incremental tax of $94,772. A debt constant of 11.0 percent indicates the tax increment could repay about $860,000 in debt that could be repaid by a 15 -year tax increment district. Table 6 PRELIMINARY TAX INCREMENT Source: McComb Group, Ltd iN Ace Item Hardware Building Value $ 6,000,000 Taxable Value First $150,000 @ 1.50% $ 2,250 Above $150,000 @ 2.00% 117,000 Total $ 119,250 Less: Base Value $ (36,526) Incremental Value $ 82,724 Tax Rate for Increment 114.565 Estimated Tax Increment $ 94,772 Capitalized Value @ 11% Constant $ 861,000 Source: McComb Group, Ltd iN Detailed Development Cost Block 34 development costs are contained in Table 7. The assumptions for these costs are contained in Exhibit A (attached). Hard costs and soft costs for each block are contained in Table 8. Table 7 ANCHOR BLOCK COMMON AREA DEVELOPMENT COSTS Item Amount ASSUMPTIONS 611,300 Total Development Area (sq. ft.) 254,950 Estimated Easement Area (sq. ft.) 54,850 Development Site (sq. ft.) 200,100 Building Pad (gross) 80,000 5 -Foot Perimeter 5,600 Building Area Net 74,400 Common Area Maintenance Area 180,550 Less: Easement Area (54,850) Common Area City -Owned 125,700 Parking Spaces 481 DEVELOPMENT COSTS Land Acquisition $ 2,037,800 Contingency 611,300 Recipical Easements 23,000 Demolition - Buildings 132,068 Demolition - Site 1,650 Total Land Costs $ 2,805,818 Hard Costs Surface Removal $ 33,345 Parking Lot and Drive Aisles 128,125 Curb and Gutter 43,676 Sidewalks 1,250 Parking Lot Striping 4,800 Lighting 48,000 Landscaping 24,000 Contractor Fee 12,744 Contingency @ 10% 29,594 Total Hard Costs $ 325,534 Soft Costs Civil Engineering $ 24,000 Soil and Environmental Tests 12,000 Builders Risk Insurance 4,000 Legal Fees 15,000 Soft Cost Contingency @ 10% 5,500 Total Soft Costs $ 60,500 Total Costs $ 3,191,852 Source: McComb Group, Ltd F-074110 U M W a 00 M W N N M U oz 0 U b a O 0 Wn Vn �0 0 0 0 0 It 0 It I 0 0 0 0 0 0 't — M It N l— W) 0 0 0 It It rn M 0 0 0 0 0 0 M 00 O M .-r �10 N O 00 O l— C\ Wn W) O O O O Wn to O d' 00 M 00 M -Izi 00 N Wn 01 k N kK W O �6 M N zT N �t — C1 N N N "o 00 69 69 69 69 69 69 69 O 00 O O O 00 \D M 00 In M M `O O N M O O O 11D N 110 N r- It 00 M O N Wn M M Vl (14 M - 00 l- M- O l� ,-ti ri N O •--a 00 k 69 69 69 69 69 69 69 IC M N 00 O IO kr) O O O O O N N O N It N d N d 00 N M oo O 00 N O �D oo t O O O (14 W) O l 00 N M N U kr) _O 69 69 69 69 6/3 69 69 kn kn W) O O O M m O 00 O O [— 00 kn (=> t` �-c N � t` r- O O O O ' C\ r- 11C N — M 00 N 00 It `O M W) It W) O N M��lc In 01 �O -IF �6 M �6 l� M -j N — O 00 't M .-+ �,c kr O ,-y 00 O N N l— 00 O cs4 69 69 69 69 69 69 O M O O O O M ON M 01 Wn M O O to C� t— O kn Wn It dt O l— l— 00 M l O n"'t �, U 00 00 o oa 69 69 bg 69 bg 69 0 o LID Q cc °cn tn C,3 i-i a U Vi a Uj F.C�C.S� W ,..' 0 y `O.i Qn ° a w w o a _� V O O F V ~ O F cl � P: U v un U O c U �-) c a: U x C H b a O 0 EXHIBIT A ASSUMPTIONS ANCHOR BLOCK COMMON AREA DEVELOPMENT COSTS Development area contains 254,950 square feet including 54,850 square feet of easement area, as shown in Table 7. Estimated easement area consists of the parking area of 114 Third Street West and a portion of 307 Pine and the rear 30 feet of properties 108 Broadway to 154 Broadway. Development site net of easement area is estimated at 200,100 square feet. Building pad for the anchor store is estimated at 80,000 feet. Five -foot building perimeter is a five -foot area around the building and garden center footprint. Net building area is the area occupied by the building. Common area maintenance area is the area that will be used for parking, sidewalks, and landscaping. Common area city -owned is the common area maintenance area less the estimated easement area consisting of 125,700 square feet. Parking spaces is the number of parking spaces located in the common area and easement areas. Land acquisition is the estimated cost of purchasing the following properties. Source: MLS, Wright County, City of Monticello, and McComb Group, Ltd Acquisition contingency is estimated at 30 percent of assessor's market value and include possible relocation costs. .. Land Assessor's Block/Address Sq. Ft. Value Block 31 218 3rd St W 41,382 $ 608,000 212 3rd St W 22,651 397,100 204 3rd St W 29,621 536,700 Subtotal 93,654 $ 1,541,800 Block 36 213 3rd St W 33,106 $ 250,000 207 Walnut St S 3,485 117,200 209 Walnut St S 7,841 128,800 Subtotal 44,432 $ 496,000 Total 138,086 $ 2,037,800 Source: MLS, Wright County, City of Monticello, and McComb Group, Ltd Acquisition contingency is estimated at 30 percent of assessor's market value and include possible relocation costs. .. Reciprocal easements will be needed from some adjoining properties to permit construction of common area elements on their property. In some cases, the benefits derived from the common area improvements are assumed to be equal to the easement value and no fee would be paid. In the case of the properties at 114 Third Street and 307 Pine, which would share their parking lots with the anchor store customers, a one time payment equal to five percent of the assessor's value is budgeted. Demolition is estimated at $4.00 per square foot of gross building area for retail buildings and $3.00 per square foot for houses. Parking lot and drive isles are $1.10 per square foot of parking area. Parking lot resurfacing by grinding off existing surface @$0.65 per square foot and install two lifts of blacktop @ $0.75 per square foot per attached Scope of Work. Curb and gutter cost is $10.25 per lineal foot per attached Scope of Work. Parking lot striping at $10.00 per stall per attached Scope of Work. Lighting four single downcast fixtures at $2,700 per fixture and wall pack fixture at $1,200. Landscaping is estimated at $24,000. Contractor fee @ 4.5 percent of hard construction costs. SOFT COSTS Civil engineering is estimated at 7.25 percent of hard costs. Soil and environmental tests are estimated at $12,000. Builders risk insurance is estimated at $4,000. Legal fees are estimated at $15,000. Soft cost contingency is estimated at 10 percent of soft costs. :• ANCHOR BLOCK SCOPE OF WORK Anchor Block Common Area (Blocks 31, 32, 35, and 36) - Public 1. Block 31 — Demolish three buildings, 14,472 square feet, 8,800 square feet, and 7,800 square feet in size and remove materials. — Install base and pavement (2 lifts, each 2 inches thick) of 29,300 square foot parking lot (Area Q. — Install landscaping along west side of store 260 LF x 10 FT, along Locust 120 LF x 15 FT, and along south side of parking lot 195 LF x 20 FT. — Install landscaping along edges of parking lot (Area C). — Install sidewalk, landscaping, and curb and gutter along Locust 420 LF x 20 FT, 4th Street 240 LF x 20 FT, and Walnut Street 290 LF x 20 FT. — Parking lot lighting. 2. Block 32 — Grind off surface, and re -pave and stripe 39,300 square foot parking lot (2 lifts, each 2 inches thick) (Areas A and B). — Install 220 LF curb and gutter, with four lot entrances on east side, Walnut Street. — Install new parking lot entrance on 3rd Street and remove existing entrance. — Install concrete divider between resurfaced parking lot and bank parking lot. — Parking lot lighting. 3. Block 35 — Install 190 LF curb and gutter, with four lot entrances on east side, Walnut Street. — Install approximately 100 LF sidewalk (5 feet wide) on east side Walnut Street. — Re- stripe parking lot to accommodate 110 stalls (Area A). — Grind off surface and repave and re- stripe 12,000 square feet to accommodate 31 stalls (Area Q. Area B can remain as it is. — Parking lot lighting. 4. Block 36 — Demolish two small 11 /z story houses (about 1,300 square feet each) in southeast corner of block and remove materials. — Install base and pavement in Areas A, C and D (52,200 square feet) for parking lot. — Install 250 LF curb and gutter, south side of abandoned 3rd Street and 90 LF x 20 FT sidewalk next to historic house. — Remove 100 LF of sidewalk and curb and gutter along west side of Walnut Street and replace including two driveways. — Install 175 feet of sidewalk along Locust Street. — Install curb and gutter in parking lot on west and north side of historic house. — Parking lot lighting. all BLOCK 34 WORK PRODUCTS 91 BLOCK 34 COMMON AREA DEVELOPMENT COSTS AND PARKING LICENSE FEES Development Costs Block 34 development area is shown on Map 1 and includes the western portion of the block. The plan shows an 18,000 square foot building with Ace Hardware and three tenant spaces. Reciprocal easement agreements will be needed for two properties fronting on Broadway. The existing city wells are not impacted by this design. Total development costs, excluding land, are estimated at $128,650 as shown in Table 1. Table 1 PRELIMINARYDEVEL,OPMENT COSTS Item A mnnnt Land - Demolition $ 9,200 Hard Costs 110,100 Soft Costs 9,350 Total $ 128,650 The estimated budget for demolition is $9,200. Hard costs for common area improvements total $110,100 and include parking lot and drive aisle paving, curbs, gutter, sidewalks, parking lot striping, lighting, landscaping, and contingency. Soft costs total $9,350 and include civil engineering, soil and environmental tests, builders risk insurance, legal fees, and contingency. Map 1 BLOCK 34 SITE PLAN r23' 5,407 SF 9 �• w 1 t 78 STALLS f i 12 I 1 3 MOM ZO 20 80 3 I ° 4 00 SF 9600 SF d' 44 LOADING// I STORAGE I 3800 SF o N I 1 4 I I 92 Revenues Revenue potential from the development would include sale of a pad site, parking license fees for land, and common area development. Parking demand is estimated at 35 spaces for the hardware store and 17 spaces fro the tenant area, as shown in Table 2. Table 2 ESTIMATED PARKIN( Use Sq. Ft. Hardware Store 13,800 Tenant Area 4,200 Total Parking Spaces J DEMAND Parking Ratio Spaces 2.5 35 4.0 17 52 Estimated revenues for land and parking license fees total $253,125, as shown in Table 3. The building pad site is priced at $5.00 per square foot, parking license land fee at $1,500 per stall, and common area development cost of contribution of $1,000 per stall. Development Area Table 3 116*11135 F.174 I a ba 03 VAVJ O' U 11010 AVAVJa1►11_,_ Item A mnTnnt Sale of Pad Site $ 123,125 Parking License - Land 78,000 Parking License - Common Area 52,000 Total $ 253,125 The Block 34 development consists of the parcels shown in Table 4. Parking easements will be required on the rear portions of lots at 118 and 130 Broadway. Table 4 BLOCK 34 DEVELOPMENT PARCEL •'4 Land Address PH) Sq. Ft. 216 Pine 115- 010 - 034010 10,890 City Lot 155- 010 - 034030 10,890 City Lot 155- 010 - 034020 10,890 City Lot and Well Site 115- 010- 034080 3,895 130 Broadway E 155- 010 - 034102 2,200 118 Broadway E 155- 010 - 034120 2,100 112 Broadway E 155- 010 - 034130 5,227 100 Broadway E 155- 010 - 034140 5,227 100 Broadway E 155- 010 - 034150 5,224 Total 56,543 * Estimated easement area. Source: MLS, Wright County, and McComb Group, Ltd. •'4 Detailed Development Cost Block 34 development costs are contained in Table 5. The assumptions for these costs are contained in Exhibit A (attached). Table 5 BLOCK 34 COMMON AREA DEVELOPMENT COSTS Item ASSUMPTIONS Total Development Area (sq. ft.) Estimated Easement Area (sq. ft.) Development Site (sq. ft.) Building Pad (gross) Building Perimeter (Five -Foot) Net Building Area Common Area Maintenance Area Less: Easement Area Connnon Area City -Owned Parking Spaces DEVELOPMENT COSTS Land Acquisition Contingency Demolition Total Land Costs Hard Costs Parking Lot and Drive Aisles (33,000 sq. ft.) Curb, Gutter and Sidewalks Ace Hardware Loading Dock and Entrance Trash Area Entrance Parking Lot Striping Lighting Landscaping Contractor Fee @ 4.5% Contingency @ 10% Total Hard Costs Soft Costs Civil Engineering Soil and Environmental Tests Builders Risk Insurance Legal Fees Soft Cost Contingency @ 10% Total Soft Costs Total Costs • -. y A mmint 56,546 4,300 52,246 24,625 3,150 21,475 35,071 (4,300) 30,771 57 $ 250,000 75,000 9,200 $ 334,200 $ 36,300 26,900 6,800 3,200 600 12,000 10,000 4,300 10,000 $ 110,100 $ 3,000 1,500 1,000 3,000 Win $ 9,350 $ 453,650 EXHIBIT A ASSUMPTIONS BLOCK 34 COMMON AREA DEVELOPMENT COSTS Development area contains 56,546 square feet including 4,300 square feet of easement area, as shown in Table 5. Estimated easement area consists of the rear parcels of 118 and 130 Broadway East consisting of 2,100 square feet and 2,200 square feet, respectively. Development site net of easement area is estimated at 52,246 square feet. Building pad for Ace Hardware is estimated at 24,625 feet. Five -foot building perimeter is a five -foot area around the building and garden center footprint. Net building area is the area occupied by the building and garden center area. Common area maintenance area is the area that will be used for parking, sidewalks, and landscaping. Common area city -owned is the common area maintenance area less the estimated easement area consisting of 30,771 square feet. Parking spaces is the number of parking spaces located in the common area and along Third Street. This does not include an estimated 24 parking spaces in the City lot fronting on Broadway East. Land acquisition is the estimated cost of purchasing 216 Pine. Acquisition contingency is estimated at $75,000. Demolition is estimated at $4.00 per square foot of 216 Pine gross building area. Parking lot and drive isles are $1.10 per square foot for 33,000 square feet of parking area. Curb, gutter, and sidewalks includes Pine Street concrete curb and gutter and new right lane turn @ $10.25 per lineal foot; 768 lineal feet of five -foot concrete sidewalk on Broadway and Pine Street @ $2.50 per square feet; and 220 lineal feet of concrete curb and gutter with easterly drive entrance to hardware store from Third Street @ $10.25 per lineal foot plus entrance at $600. Third Street sidewalk 220 lineal feet, five -foot wide along @ $2.50 per square foot; 280 lineal feet, five -feet wide north and west of Ace Hardware @ $2.50 per square foot Ace Hardware store pad development 24,625 square feet at $0.90 per square foot. Trash area access drive from Third Street 750 square feet at $4.25 per square foot. 95 Parking lot striping at $10.00 per stall. Lighting four single downcast fixtures at $2,700 per fixture and wall pack fixture at $1,200. Landscaping estimated at $10,000. Contractor fee @ 4.5 percent of hard construction costs. Soft costs contingency estimated at 10 percent. •e ACE HARDWARE DEVELOPMENT COSTS Development Costs Development costs for the proposed Ace Hardware store on Block 34 total about $2,257,000, as shown on the attached Table 1. This cost is based on the building shown on the site plan shown in Map 1. Development costs are allocated between the anchor store space (Ace Hardware) and the three tenant spaces. Assumptions for each of the cost categories are attached in Exhibit B. Table 1 DEVELOPMENT COSTS ACE HARDWARE BLOCK 34 DEVELOPMENT Excluding Mezzanine. Source: McComb Group, Ltd. F11 Anchor Tenant Total DEVELOPMENT COSTS Land $ 98,750 $ 24,375 $ 123,125 Parking License 87,500 42,500 130,000 Hard Costs Construction Cost Sales Area $ 691,200 $ 302,400 $ 993,600 Shipping Area 302,400 - 302,400 Mezzanine 25,000 - 25,000 Exterior Display 23,950 - 23,950 Tenant Allowance 63,000 63,000 Contractor Fee (4.5) 46,915 16,443 63,358 Umbrella Insurance 3,850 2,150 6,000 Subtotal $ 1,093,315 $ 383,993 $ 1,477,308 Hard Cost Contingency @ 10% 109,331 38,399 147,731 Total Hard Costs $ 1,202,646 $ 422,392 $ 1,625,039 Soft Costs Architecture and Engineering $ 43,660 $ 15,340 $ 59,000 SAC & WAC - - - LeasingExpense - 21,000 21,000 City Permits 6,510 2,290 8,800 City Approvals 11,100 3,900 15,000 Professional Services 12,000 4,200 16,200 Retail Vacancy Expense - 15,750 15,750 FF &E 21,000 - 21,000 Inventory 135,000 - 135,000 Builders Risk Insurance 6,600 2,340 8,940 Soft Cost Contingency @ 5% 5,044 3,241 8,285 Subtotal $ 240,914 $ 68,061 $ 308,975 Financing Cost Loan Costs $ 22,200 $ 7,800 $ 30,000 Interest 29,600 10,400 40,000 Subtotal $ 51,800 $ 18,200 $ 70,000 TOTALCOSTS $ 1,681,610 $ 575,528 $ 2,257,138 Excluding Mezzanine. Source: McComb Group, Ltd. F11 Map 1 BLOCK 34 SITE PLAN 5t`,. 1 EXHIBIT B DEVELOPMENT COST ASSUMPTIONS ACE HARDWARE DEVELOPMENT ASSUMPTIONS Pad site area, of 24,625 square feet, is based on the building footprint, exterior display area, and truck dock isle plus five feet on each side. The pad site was allocated between the anchor store (19,750 square feet) and tenant spaces (4,875 square feet). Gross building area (shown below) is based on concept plans prepared by Architectural Consortium. Item GLA Pad Site (Sq. Ft.) Building Footprint (Sq. Ft.) 18,000 Anchor Store 13,400 Sales Area 9,600 Shipping 3,800 M ezzenine 1,600 Tenant Space 4,200 Trash Area 400 Exterior Display Area 1,875 Parking Spaces Ace Hardware 35 Tenants 17 Excluding Mezzanine Parking spaces are based on Ace Hardware requirement of 2.5 spaces per 1,000 square feet of GLA. Parking at 2.5 spaces per 1,000 square feet equals 12 spaces. Tenant parking at four spaces per 1,000 equals 17 parking spaces. DEVELOPMENT COSTS Land cost is estimated at $5.00 per square foot for the pad site and allocated between Ace Hardware and tenant spaces. Parking license is based on $1,500 per stall allocated by tenant. Construction cost is estimated as follows: — Sales area and tenant spaces: $72.00 per square foot — Shipping area: $50.00 per square foot — Mezzanine: $16.00 per square foot — Exterior display: $12.75 per square foot Tenant allowance is estimated at $15.00 per square foot for the tenant spaces, which includes a $5.00 per square foot allowance for the concrete floor. .. Contractor fee is estimated at 4.5 percent of construction and tenant allowance. Umbrella insurance is estimated at $0.35 per square foot. Hard cost contingency is estimated at 10 percent of hard costs. SOFT COSTS Architectural and engineering is estimated at 4.0 percent of hard costs. SAC & WAC may be required. This budget assumes that the city waives any SAC and WAC costs based on previous uses. Leasing expense and marketing collaterals are estimated at $5.00 per square foot for tenant spaces. City permit fees are estimated at 0.6 percent of hard costs. City approval costs are estimated at 1.0 percent of hard costs. Professional services allowance is estimated at $0.90 per square foot. Retail vacancy expense is estimated at $15.00 per square foot for 25 percent of the space. FF &E is estimated at $7.00 per square foot for added selling area of 3,000 square feet. Inventory cost is estimated at $45.00 per square foot for added selling area of 3,000 square feet. Builder risk insurance is estimated at $0.50 per square foot. Soft cost contingency is estimated at 5.0 percent of soft costs excluding inventory. Construction Financing • Construction loan is estimated at $2.0 million • Construction loan fee and closing costs are estimated at 1.5 points • Construction interest is calculated at 4.75 percent on estimated outstanding balances during the construction period. 100 ACE HARDWARE BUILDING CASH FLOW STATEMENT A 10 -year cash flow statement for the proposed Ace Hardware development is contained in Table 1 on the next page. The supporting assumptions are contained in Exhibit C. Preliminary Finance Plan The preliminary finance plan was prepared to illustrate how the proposed development could be financed. Two alternatives were prepared with different first mortgage amounts. Each alternative assumes that the existing Ace Hardware building is purchased by the City for $600,000 with the proceeds used to pay off Ace building's first mortgage. Net sales proceeds plus a $1,200,000 mortgage on the new building in Alternative One plus re- establishment payment of $60,000 result in total resources of $1,930,000. Total costs excluding land of $2,047,500 result in gap of $117,500. Alternative Two assumes a mortgage of $1,500,000 and results in a gap of $417,500. Each alternative assumes that the gap is financed by a second mortgage. Development costs in these finance plans include a payment of $235,125 for land and parking license fees. Table 2 PRELIMINARY FINANCE PLAN Estimated Property Taxes This analysis assumes that the Ace Hardware building is valued at $1,800,000 by the Wright County Assessor. The taxable value is derived by applying the class rate as provided by state law. The tax rate includes only the estimated local tax $40,384 for payable 2011. Table 3 ESTIMATED PROPERTY TAXES TAXES PAYABLE 2011 Item Amount Estimated Market Value @ 100 per sq ft $ 1,800,000 Taxable Value First $150,000 @ 1.50% $ 2,250 Above $150,000 @ 2.00% 33,000 $ 35,250 Tax Rate 114.565 Total Property Tax* $ 40,384 Excludes State of Minnesota Levy and Market Value Levies. 101 Alternative One Two Land Sale Proceeds $ 600,000 $ 600,000 Less: Mortgage Payoff 530,000 530,000 Net Sale Proceeds $ 70,000 $ 70,000 M ortgage 1,800,000 1,500,000 Re- Establishment 60,000 60,000 Total $ 1,930,000 $ 1,630,000 Building Cost (excluding land) 2,257,100 2,257,100 Gap 327,100 627,100 2nd Mortgage 327,100 627,100 Annual Debt Service 24,532 47,032 Estimated Property Taxes This analysis assumes that the Ace Hardware building is valued at $1,800,000 by the Wright County Assessor. The taxable value is derived by applying the class rate as provided by state law. The tax rate includes only the estimated local tax $40,384 for payable 2011. Table 3 ESTIMATED PROPERTY TAXES TAXES PAYABLE 2011 Item Amount Estimated Market Value @ 100 per sq ft $ 1,800,000 Taxable Value First $150,000 @ 1.50% $ 2,250 Above $150,000 @ 2.00% 33,000 $ 35,250 Tax Rate 114.565 Total Property Tax* $ 40,384 Excludes State of Minnesota Levy and Market Value Levies. 101 N ti q x � W � � 'ti N m w� 2 N m PG P P, °�' �� a W P.. P. °�' d ' ° yOA� W� Z ai7i F g F o o i F M1W d d F Z a U vn Wu�dFFF adFFF G�uuP.ar >z WUUP,4 102 a a 5 0 0 00 O O O 00 M �o ,-. a1 O oo O, 0o R \c o, r- r- a, ' 7 'n D, O V1 V1 V1 V1 00 V1 l� �-- M o0 �t M 00 01 l- M O 7 V1 �. d' 7 00 00 V1 O M M N O M M O M M N 00 N M 01 M 10 y H N N 00 N N M l0 M M M M r- Vl N cq 69 6s 69 6s 64 6s 69 6s 6s 6s O O O O O V1 01 00 l0 \c 00 M V O1 M 00 V1 m O O O O O a, C, oo vi 7 ^. 'n 7 m cm 01 00 7 0 Q m _� V1 M 00 00 O N �D _ Vl O N M O \O M M l0 M _� m M O N M N 00 N N M 00 M l- 7 N --� 'z'" N N M M 6s 6s 69 69 6s 6s [s 69 69 6s 01 O O O 01 O oo C, L- N m 01 m 01 V1 01 C1 GD M N Vl Vl Vl h h Vl O O M r 01 D1 � 01 r" N W m lt-- .-� O 7 M � m N N .-� Vl N .--� .+ M � .�. .� D, m N .-+ .-. m l� N .Nr O N Gil 69 64 69 69 69 6s 69 Ef3 6s 69 a1 O M M vi N o1 oo O M oo M O, 01 7 V1 M M O l� 7 7 O N D1 m 7 00 O N N l� r-i D; 01 M 10 J N N M N M V D r N N M S Cl N 00 N f f3 6s 6R 6s 69 6s 6s 6s 6s 6s (� oo O O l� m N r Vl 7 N 01 r oo N M Vl t Vl N 00 Vl Vl Vl M l- � 0\ ' W M M m m h Vl N Vl 17 r W '. O 00 N h M M 00 �--i � N M 00 7 � 01 h 00 ^. lD D\ O\ N „W`,•� 01 N 0� O N 0o h M M 01 CJ N N r- l- Vl M N W Ln N �--i H 69 69 64 69 69 69 69 69 69 69 Ln Q O O O 01 O O O D1 V1 N l- 00 m C1 7 M N 0� 0o O1 o1 ^+ N W) V1 N V1 M M m M N l� O O1 7 O 0o O kn W lD w' N D; 7 O N l0 M 0o N 01 CJ N N r .--� lD N M c, rq U 69 69 69 69 69 6s 6s 6s 6s 64 FFyi O O O N l� V1 V1 N Vl 7, 7 O O N O N V1 7 00 O O! h� V O7 h l- cl Vl Vl O 00 V1 I l� M �O °� 7 a Pr ... O C= 7 N D; 1 r, O Vl '!� r 00 00, 7 0\ 0, N Vl l� Vl �+ Vl Vl l- O M W N� D\ 13 0\ 0\ N N r .-i Vl O M 'O 2! W 6s 6s 6s Eq 69 6s 6s 64 Eq 64 d Q M O O O M O 7 '!1 '/1 7 h 'O O O, R! d t O O O 7 N n O1 ^� 1 7 lD lO 0o N M C� � M 0^ r,- n n� 01 V �O �O O, N l� N D1 m D1 n D1 N W O 01 00 O, M O, m N 7 7 '. N 01 m N ^. l -+ 7 0o M Vi N N �' 69 69 69 69 6s 6s 64 6s &S n a1 O1 7 0 l N V1 m V1 m .. ., n 01 'D -� r N M � h k .. .. .. 7 .-w 00 01 'D V1 00 l� l- 00 7 'd' lc ci O � lc - V) .. .. .. .. .. .. .. .. .. .. .. .. D1 W N m N .. .. .. .. .. W M 'n 3 --� N -� �D •--' N Vl N cq N N N N 6s 64 64 69 69 6s 6s 69 E^ 64 00 O O O 00 t— O O oo 'ri m N 0 It 0 0 0 7 m 0 0 c+m 0 0 0 m O O N 7 lr ' 0 0 7 'n O 7 00 10 N O o0 01 O 00 O It 7 IT m m o0 oo 0, 'n � m N _� d' 00 V1 00 _� M 01 lr4 N M �--� O--� N _� 01 n N--� �--� D1 M N 6s 69 64 V) 69 64 64 69 64 64 N ti q x � W � � 'ti N m w� 2 N m PG P P, °�' �� a W P.. P. °�' d ' ° yOA� W� Z ai7i F g F o o i F M1W d d F Z a U vn Wu�dFFF adFFF G�uuP.ar >z WUUP,4 102 a a 5 0 0 Preliminary Tax Increment This analysis assumes that the Ace Hardware building is valued at $1,800,000 by the Wright County Assessor. The Wolff building market value is the base value. The taxable value is derived by applying the class rate as provided by state law. Taxable value of the Wolff building is the base value and is deducted from the Ace Hardware value. This results in the incremental taxable value of $31,694. The tax rate for calculating the tax increment includes only the local tax, which totals $84,719. This results in an incremental tax of $26,851. A debt constant of 11.0 percent indicates the tax increment could repay about $330,000 in debt that could be repaid by a 15 -year tax increment district. Table 4 PRELIMINARY TAX INCREMENT Source: McComb Group, Ltd. 103 Wolff Ace Item Building Hardware Building Value $ 215,300 $1,800,000 Taxable Value First $150,000 @ 1.50% $ 2,250 $ 2,250 Above $150,000 @ 2.00% 1,306 33,000 Total $ 3,556 $ 35,250 Less: Base Value $ (3,556) Incremental Value $ 31,694 Tax Rate for Increment 114.565 Estimated Tax Increment $ 36,310 Capitalized Value @ 11% Constant $ 330,000 Source: McComb Group, Ltd. 103 EXHIBIT C CASH FLOW STATEMENT ASSUMPTIONS ACE HARDWARE DEVELOPMENT Gross building area is based on concept plans prepared by Architectural Consortium and includes 13,200 square feet for Ace Hardware and three tenant spaces of 1,400 square feet each. REVENUES Rental revenues are based on estimated net rents starting in year one (potentially 2013). Net rents for Ace Hardware are based on gross sales of the retail store and internet departments. Year one net rents for tenant spaces are shown below. The highest rent is allocated to the tenant space that is closest to TH -25. Net rents for the tenant spaces are increased by $0.25 per square foot to account for inflation. Percentage rent will be collected from tenants whose sales exceed a natural break point. This section has not been calculated at this time. Reimbursables include the following items, which are direct pass throughs of operating costs. • Common area maintenance - private includes landlord expenses for the tenant buildings. • Common area maintenance - public is the charge for maintaining the parking lot and common area elements. • Property taxes. • Insurance costs for property and liability insurance premiums. Vacancy allowance of five percent of total revenue is provided EXPENSES Common area maintenance - private is estimated at $0.66 per square foot of building area. The charge to tenants is increased by 15 percent to cover administrative costs. Common area maintenance - public is estimated at $250 per stall for maintaining parking and other common area elements. Parking allocation is shown below. Property taxes are estimated at $1.62 per square foot. 104 Rent per Space Sq. Ft. Sq. Ft. Rent One 1,400 $ 15.00 $21,000 Two 1,400 13.00 18,200 Three 1,400 11.00 15,400 The highest rent is allocated to the tenant space that is closest to TH -25. Net rents for the tenant spaces are increased by $0.25 per square foot to account for inflation. Percentage rent will be collected from tenants whose sales exceed a natural break point. This section has not been calculated at this time. Reimbursables include the following items, which are direct pass throughs of operating costs. • Common area maintenance - private includes landlord expenses for the tenant buildings. • Common area maintenance - public is the charge for maintaining the parking lot and common area elements. • Property taxes. • Insurance costs for property and liability insurance premiums. Vacancy allowance of five percent of total revenue is provided EXPENSES Common area maintenance - private is estimated at $0.66 per square foot of building area. The charge to tenants is increased by 15 percent to cover administrative costs. Common area maintenance - public is estimated at $250 per stall for maintaining parking and other common area elements. Parking allocation is shown below. Property taxes are estimated at $1.62 per square foot. 104 Insurance is estimate at $0.15 per square foot for property and liability insurance premiums. General administrative expense is estimated at $0.11 per square foot. Management fee is estimated at five percent of net rental income. Structural reserve is estimated at $0.10 per square foot. Debt service assumes that the mortgage payment is 80 percent of net operating income with an interest rate of 4.75 percent amortized over 25 years. Debt constant at 6.845 percent. 105 ACE HARDWARE RETAIL STORE MARKET SHARE AND LOCAL MARKET RETAIL SALES Market share for Monticello retail and service establishments in 2007 was estimated in market research conducted by McComb Group, Ltd. The results of the research are contained in Table 5 -2 from that report, which also contains Monticello retail and service sales for 2007. Purchasing power was calculated by McComb Group. Retail sales derived from Monticello's trade area were estimated for each retail category to determine trade area sales and market share as a percent of purchasing power. The retail category most similar to Ace Hardware is the liquor store. Liquor store sales were $3.7 million in 2007 with an estimated 90 percent from the trade area, resulting in $3.4 million trade area sales for a market share of 20.6 percent. Table 5 -2 MONTICELLO PURCHASING POWER, RETAIL SALES AND MARKET SHARE; 2007 (In Thousands ofDollars) Business Type Convenience Food & beverage stores Food stores Superstore Capture Liquor stores Food S ervice Food services and drinking places Full service restaurants Limited - service eating places Gasoline /Convenience Gasoline stations /convenience Shopping Goods Clothing & clothing accessories stores Miscellaneous store retailers Building Materials Building material & garden equipment & supplies dealers Motor Vehicles & Parts Motor vehicle & parts dealers New Car Dealers Services Personal & laundry services Hair, nail, & skin care services Repair & maintenance Automotive body, paint, interior, and glass repair Medical Health care & social assistance Offices of dentists * Minnesota sales taxrecords. Source: U.S. Census and McComb Group,Ltd. Purchasing Retail Trade Area Sales Market Power Sales Percent Dollars Share $116,131 $ 39,092 85% $33,228 28.61 % 99,679 35,323 * 85% 30,025 30.12 99,679 15,240 65% 9,906 9.94 16,452 3,769 90 % 3,392 20.62 $110,808 $ 23,341 75% $17,506 15.80 % 45,775 8,986 65% 5,841 12.76 34,839 14,355 70% 10,049 28.84 $121,839 $ 44,143 70% $30,900 25.36 % $ 41,230 $ 1,705 90% $ 1,535 3.72 % 11,770 3,380 90% 3,042 25.85 $108,449 $ 34,187 70% $23,931 22.07 % $200,887 $196,039 * 50% $98,020 48.79 %n 154,204 175,787 50% 87,894 57.00 $ 12,035 $ 2,272 95% $ 2,158 17.93 % 9,553 1,426 95% 1,355 14.18 27,158 6,387 95% 6,068 22.34 9,196 3,361 95% 3,193 34.72 $324,020 $ 83,050 95% $78,898 24.35 % 34,127 5,154 95% 4,896 14.35 Historic Ace Hardware sales and market share for 2004 through 2011 are contained in Table 1. Retail sales increased in 2005 and then declined under the successive impact of the opening of Walmart, Home Depot, and Target, and the ensuing recession. As a result, market share dropped from 19.5 percent in 2005 to 6.5 percent in 2011. 106 Table 1 ACE HARDWARE MARKET SHARE 2004 -2011 (In Thousands of Dollars) Source: McComb Group, Ltd. Ace Hardware is planning to relocate and expand its store in a more visible location on Highway 25. This is expected to result in increased sales. Financial projections of retail store sales for 2014 to 2024 are contained in Table 2. Retail store sales in 2014 are projected at $743,000 based on a 7.5 percent market share with 95 percent of the sales derived from the trade area. Market share gradually increases to 9.2 percent in 2024 as retail sales grow, about one half of the market share of 19.5 percent that was achieved in 2005. Table 2 ACE HARDWARE MARKET SHARE, 2014 -2024 (In Thousands of Dollars) Trade Trade Purchasing Retail Area Area Market Year Power Sales Share Sales Share 2004 $ 5,689 $ 1,157 95 % $ 1,099 19.3 % 2005 6,107 1,254 95 1,191 19.5 2006 6,553 1,088 95 1,034 15.8 2007 6,387 761 95 723 11.3 2008 6,817 754 95 716 10.5 2009 7,072 611 95 580 8.2 2010 7,573 569 95 541 7.1 2011 7,996 551 95 523 6.5 Source: McComb Group, Ltd. Ace Hardware is planning to relocate and expand its store in a more visible location on Highway 25. This is expected to result in increased sales. Financial projections of retail store sales for 2014 to 2024 are contained in Table 2. Retail store sales in 2014 are projected at $743,000 based on a 7.5 percent market share with 95 percent of the sales derived from the trade area. Market share gradually increases to 9.2 percent in 2024 as retail sales grow, about one half of the market share of 19.5 percent that was achieved in 2005. Table 2 ACE HARDWARE MARKET SHARE, 2014 -2024 (In Thousands of Dollars) Source: McComb Group, Ltd. 107 Trade Trade Purchasing Market Area Area Inflow Retail Year Power Share Sales Share Sales Sales 2014 $ 9,415 7.5 % $ 706 95 % $ 37 $ 743 2015 9,942 7.6 758 95 40 798 2016 10,472 7.8 815 95 43 858 2017 11,031 7.9 876 95 46 922 2018 11,620 8.1 942 95 50 992 2019 12,240 8.3 1,013 95 53 1,066 2020 12,894 8.4 1,089 95 57 1,146 2021 13,556 8.6 1,170 95 62 1,232 2022 14,252 8.8 1,258 95 66 1,324 2023 14,983 9.0 1,353 95 71 1,424 2024 15,752 9.2 1,449 95 76 1,525 Source: McComb Group, Ltd. 107 MEMO Date: January 3, 2013 To: Angela Schumann From: Dan Wilson Re: Hold Over Tenants I am writing to address your question of "what do we do when tenants of the Montgomery Building fail to move out Jan. 23, 2013" for the Tattoo Parlor or should the Pizza Factory not comply with the lease provisions? The eviction process is in 2 parts, proper notice and unlawful detainer court process. The EDA's lease provides for 7 Day Notice to the tenant of their lease violation, presumably the timely payment of rent or refusal to move with a demand for a specific action. In the case of the Tattoo Parlor, they never signed the lease, but I assume that you would still give them the 7 day written notice. The next step is to initiate an unlawful detainer court process. That requires completing the district court form where we provide the details for the complaint and pay a filing fee. The Sheriff serves the notice to the tenant, that demands their appearance in district court on some specific date & time. It is a rather informal process, where the Judge permits the presentation of both sides and the Judge will ask questions. The Judge may exercise some latitude in how immediately that the tenant will be required to vacate the property, but typically it is days rather than weeks or months. We also briefly discussed what happens if the tenant simply locks the door and walks away, leaving the personal property and equipment? I believe that I was right the first time about the City having some responsibility to store the personal property, etc. MS50413.271 does apply to both residential and commercial tenants. I confirmed this with the Minnesota Association of Realtors legal hotline attorney. If this really happens, the City should confirm with the City Attorney. The statute requires landlords to hold/store personal property for 28 days during which the tenants should have reasonable access to pick up their items. After 28 days, the landlord may sell the items with proceeds being applied to monies owed the landlord. The city would need to give the tenant 14 days notice of the sale. I XCEL $ Centerpoint UB /Water Ameripride May 106,905.60 155.02 June TOTAL RENT COLLECTED: 21.08 24,245.24 July 679.75 46.87 355.83 Aug 589.99 44.88 Sept 44.88 202.46 173.55 Oct 724.64 47.06 86.93 Nov 246.75 137.33 499.96 Dec $ 2,241.13 $ 342.10 $ 702.42 $ 771.33 TOTAL EXPENSES (excl relo): $ 45,893.37 TOTAL EXPENSES (with relo): $ 106,905.60 TOTAL RENT COLLECTED: $ 24,245.24 Total: Lakeland Dental Bike Shop R. Bregenzer TOTAL RENT BY TENANT $24,245.24 $ 17,567.82 $ 4,548.39 $ 2,129.03 TO DATE last rent expected did not pay Oct, last rent pmt was to be pmt 12/1 Nov or Dec rent 8/1 as tenant moved 109 Carlson Waste Mgmt Taxes $ Wilson Dvlp Misc RELO PMTS 436.54 108.09 1,136.80 9,017.59 1,100.00 R Bregenzer $ 2,202.77 2,848.61 $ 374.06 462.50 2,202.77 3,570.15 Bike Shop /Butler 374.06 604.95 2,202.77 136.40 374.06 306.81 2,202.77 4,900.00 374.06 2,202.77 4,709.92 56,112.23 2,202.77 182.48 317.87 2,202.77 1,082.05 $ 1,932.78 $ 1,800.22 $ 16,556.19 $ 21,228.32 $ 318.88 $ 61,012.23 Pizza Factory G.C.F. Tatoos T. Archambault 110 RELO PAY OUTS $ 2,500.00 Barbara Lee $ 1,300.00 T Archambault $ 1,100.00 R Bregenzer $ 50,000.00 Dr Wong $ 3,612.23 Barbara Lee $ 2,500.00 Bike Shop /Butler $ 61,012.23