HRA Agenda 04-05-1995AGENDA
MONTICELLO HOUSING AND REDEVELOPMENT AUTHORITY
i Wednesday, April 5, 1995 - 7:00 p.m.
City Hall
MEMBERS: Chairperson Al Larson, Vice -Chairperson Ben Smith,
Everette Ellison, Tom St. Hilaire, and Brad Barger.
STAFF: Rick Wolfsteller and 011ie Koropchak.
GUEST: Mark Ruff, Publicorp, Inc.
Attorney Steve Bubul, Holmes & Graven.
1. INTERVIEW OF PUBLICORP, INC. WITH CONSULTANT MARK RUFF.
2. CALL TO ORDER.
3. CONSIDERATION TO APPROVE THE JANUARY 26 AND FEBRUARY 6 AND 22,
1995, HRA MINUTES AND THE MARCH 16, 1995, HRA SUMMARY.
6. CONSIDERATION TO REVIEW A PRELIMINARY PLAN TO MODIFY THE
BUDGETS OF TIF DISTRICT NOS. 1-1 THROUGH 1-11.
5. CONSIDERATION TO APPROVE GRANTING A 20 FOOT EASEMENT ON HRA
LOT 5, BLOCK 3, OIP, TO THE CITY OF MONTICELLO.
6. CONSIDERATION TO ACKNOWLEDGE THE RESIGNATIONS OF HRA MEMBERS
FROM THE MONTICELLO SENIOR HOUSING ALLIANCE, INC.
r
7. CONSIDERATION TO APPROVE THE PRIVATE REDEVELOPMENT CONTRACT
BETWEEN THE HRA, THE CITY, AND THE MONTICELLO SENIOR HOUSING
ALLIANCE, INC.
S. CONSIDERATION TO APPROVE THE EXTENDED LOW-INCOME HOUSING
COMMITMENT AGREEMENT BETWEEN THE HRA AND THE SENIOR HOUSING
ALLIANCE, INC.
0. CONSIDERATION TO APPROVE A SUBORDINATION AGREEMENT AMONG THE
HRA, CITY, AND TRUSTEE.
10. CONSIDERATION TO REVIEW A PRELIMINARY DEVELOPMENT CONCEPT FOR
HRA LOT 5, BLOCK 3, UIP.
11. CONSIDERATION TO ACCEPT THE RESIGNATION OF HRA MEMBER BEN
SMITH AND TO AUTHORIZE ADVERTISING THE VACATED HRA COMMISSION
SEAT.
12. CONSIDERATION TO APPOINT TWO INDIVIDUALS AS REPRESENTATIVES OF
THE HRA TO THE MONTICELLO SENIOR HOUSING ALLIANCE, INC.
Continued
13. OTHER BUSINESS.
a) Project updates: Quality Welding/Rogen Corporation,
Lcabinet maker, and packaging machine producer.
b) Acceptance of bills.
C) Other
16. ADJOURNMENT.
SUMMARY
SPECIAL WORKSHOP MEETING
MONTICELLO HOUSINC AND REDEVELOPMENT AUTHORITY
Thursday, March 16, 1995 - 7:00 p.m.
City Hall
HRA MEMBERS PRESENT: Chairperson Al Larson and Ben Smith.
HRA MEMBERS ABSENT: Everette Ellsion, Tom St. Hiliare, and
Brad Barger.
CITY COUNCIL PRESENT: Mayor Brad Pyle, Brian Stumpf, and Tom
Perrault.
CITY COUNCIL ABSENT: Shirley Anderson and Clint Herbst.
STAFF PRESENT: Rick Wolfsteller and 011ie Y.oropchak.
STAFF ABSENT: Jeff O'Neill.
OTHERS PRESENT: HRA Attorney Steve Bubul.
Planning Commissioners Dick Martie and
Rod Dragsinn.
IDC members Ron Hoglund and Jim Fleming.
Hospital Executive Director Barb
Schwientek.
The special workshop meeting was called to order by HRA Chairperson
Al Larson at 7:00 p.m.
Koropchak informed those in attendance that prior to the HRA
authorizing Public Resource Group, Inc. (PRG) to begin preparation
of a TIF Plan for a new TIF District, staff estimates the projected
property tax and the HACA Penalty numbers are calculated, the
lleveluper hau a preliminary bank commitment, and the ID^. Prospect
Team has visited the existing facility of the developer.
Additionally, the developer must return to the HRA an crecuted
Preliminary Agreement, submit a $5,000 cashier check, and provide
a copy of the land purchase agreement and a letter stating the need
for TIF (new criteria). Since time, effort, and dollars have boon
Incurred prior to City Council conolderation to approve TIF, it
becomes apparent that cohesive guidelines for use o: TIF arc agreed
upon by HRA and the City Council members. Noropchok also
displayed a copy of a TIF Plan and a Private Redevelopment
Contract.
Attorney Bubul reviewed the proceoa for establishment of an
Economic TIF District and Plan (see attached), outlined the SIF
legiolative bills In committeeo and highlighted uses for pre -May 1,
1090 TIF ourpluo dollars after outstanding bonds and contracts no
It rolatco to potential ways to reimburse the City's loco of HACA
r+ith the establiohmont of pont-103: TIF Districts.
Page 1
FRA SUMMARY
MARCH 16, 1995
Pre -May 1, 1990 Surplus Dollars -
Original Bill - Preliminary action by February 1, 1995.
Modified Bill - Qualified plan by July 1, 1905 (specified
dollars). Same process as TIF Plan.
Bill - Soils District for only contaminated or polluted soils.
Bill - Reduce 25% spending outside Economic Districts to 10%.
Bill - Housing Districts approved by School District.
Bill - School District Levy.
Bill - Criteria: Business to move out -state and increase tax base
and increase employment in state.
Administrator Wolfsteller gave a summary of the HRA Fund and the
TIF -Debt Service Funds and concluded the potential TIF surplus from
all current districts is a little over three million dollars.
Attorney Bubul indicated that pro -1990 surplus dollars can be used
within the Redevelopment Project No. 1 area for any qualified TIF
expenditure. If the proposed legislation becomes law, a qualified
Plan m.+,,i9t he annrnved prior to July 1. Perhaps this is a way for
the HRA to reimburse the City for Its HACA loss: Earmarx
anticipated public improvement projects such as upgrade of Fallon
Avenue, Waste Water Treatment Plant, etc. in the budget of the
qualified plan. Dollars may also be used as equity into a
Community Center project; however, this ie a greater risk as the
project is by referendum and dollars are already specified within
the budget. Communities have established TIF districts to
assistance in financing of community buildings owned and ::.anaged by
a non-profit organization..
The HACA loss to a city is approximately 30ta of the tax increment
of Economic District, which in roolity 1s 17.5% non -TIF monlcs.
For newly established districts, the 115% public improvements or 10%
administration must to authorized within the TIF Plan and the
public improvements authorized within the City's General Fund.
It appeared to be a general agreement among participants that City
and HRA staff prepare a proposed budget for pre -1990 TIF surplus
dollars to conform with the time -line of the proposed legislation.
HRA Chalrpereon Larson questioned the use of surplus dollars by the
city as the original TIF Plans were approved by the school, county,
and hospital taxing jurisdictions. These tasting jurisdictions
agreed to give up taxing dollars for a period of time to cover the
TIF budget expenditures: therefore, any ourplus dollars beyond
outstanding bonds and contracts, in reality, belongs to all four
tasting juriodictfono: City, school, county, and hospital. This
the original intent of TIF.
rage 2
HRA SUMMARY
MARCH 16. 1995
Attorney Bubul indicated the qualified plan for use of pre -1990
surplus dollars would be sent to the taxing jurisdictions for 30 -
day notice to comment.
Meeting adjourned at approximately 10:00 p.m.
011ie Koropchak, HRA Executive Director
Pago 3
MINUTES
MONTICELLO HOUSING AND REDEVELOPMENT AUTHORITY
Monday, February 6, 1995 - 7:00 p.m.
City Hall
MEMBERS PRESENT: Chairperson Al Larson, Vice Chairperson Ben
Smith, Everette Ellison, Tom St. Hilaire, and
Brad Barger.
STAFF PRESENT: 011ie Noropchak.
STAFF ABSENT: Rick Holfstcller and Jeff O'Neill.
CALL TO ORDER.
Chairperson Larson called the HRA meeting to order at 7:00
p.m.
2. CONSIDERATION TO APPROVE THE JANUARY 11 AND JANUARY 26, 1995
HRA MINUTES.
Ben Smith made a motion to appove the January 11, 1995 HRA
minutes. Everette Ellison seconded the motion and with no
additions or corrections, the minutes were approved as
written. Approval of the January 26 minutes was tabled as
they were not submitted.
3. PUBLIC HEARING AND AUTHORIZATION OF THE ACQUISITION AND
DISPOSITION OF LANDS RELATING TO TIP DISTRICT NO. 1-19.
Vice Chairperson Smith requested HRA mombero Everette Ellison
and Tom St. Hilaire consider this agenda item. This for
compliance with the executed Disclosure and Abstention
Statements.
Since the public heoring notice for the acquisition and
dlspooition of lands was published and since a financial gap
exists for the construction of the the senior project.
Attorney Bubul recommends continuation of the public hearing.
The Hospital Board must consider donation of the land and all
entitloo must consider a low-interest loan to make the aenior
project cash flow and to obtain acceptable rent rates. Barb
Schwientek, Hospital Executive Director, is anticipated to
return. the 9th of February. With the approved HRA -TIF
aooiotance of C22O,830 on January 26 which excludeo land
acquioitlon and contingent upon the Hospital Board donating
the land, no HRA public hearing would be necosoary.
With no oppooltion from Ellison or St. Hilaire, Vice
Chairperson Smith called to continue the public hooring of the
Page 1
acquisition and disposition of lands relating to TIF District
No. 1-19 until March 1, 1995, or upon a special meeting.
Everette Ellison will be out-of-town after February 24 and Tom
St. Hilaire will be out-of-town the first week in March.
CONSIDERATION TO APPROVE CHANGES TO THE PRIVATE REDEVELOPMENT
CONTRACT BETWEEN THE HRA AND RESIDENTIAL DEVELOPMENT, INC.
Y.oropchak outlined the major changes to the Private
Redevelopment Contract approved by the HRA on December 7. The
negotiated changes include a reduction of the estimated market
value (EMV) by $782,400, this caused by the deletion of the
development of the commercial properties. The anticipated
decertification date is extended by two years or to 2003. The
$102,000 pay-as-you-go payments will be paid upon a percentage
of the available tax increment and upon meeting a minimum
market value and number of unite -constructed criteria within
the phased development. The developer could receive the full
assl3tance prior to final completion of the housing
development; however, the restoration of the gravel pit would
be accomplished as HRA payments also require evidence of soils
correction work completed and certification of payment.
Tom St. Hiliare made a motion to approve the negotiated
changes to the Private Redevelopment Contract between the HRA
amd Residential Development. Inc. Total minimum EMV of
$16,278,000, construction of 67 single -homes and 48 twin -
homes, and anticipated decertification of TIF District in
2003. TIF assistance disbursed as outlined in the above
paragraph. Everette Ellison seconded the motion and with no
further discussion, the motion passed 4-1. yeas: Tom St.
Hilaire, Everette Ellolon, Ben Smith, and Brad Barger. The
use of TIP was approvcd for the sole purpose to asoist with
the restoration of an unsafe gravel pit. Nay: Al Larson.
Site grading anticipated to begin in March.
5. CONSIDERATION TO REVIEW FOR APPROVAL THE PRELIMINARY CONCEPT
FOR THE USE OF TIF CRON JOHNSON AND GENE GOAD)_
Based on tho assumption the developer would construct a 18.000
sq ft metal (steel frame) office/manufacturing facility with
exterior brick trim, tho estimated annual taxes is sle,O00.
The project would generate a total tax increment of $144,000
and the HACA Loos is $48,200. Twenty-five percent of the
Increment can be expanded outside the TIF District for public
improvements to offset the City'a loss If the public
impro!oments were earmarked in the City'o General Fund.
Pago 2
I -
HRA MINUTES
FEBRUARY 6, 1995
Suggested TIF assistance is $40,000 (NPV s BX), pay-as-you-go
method for land write-down.
Currently Quality Welding has 6 jobs at $8.25 per hour and
estimates the addition of 7 jobs at $9.50 by 1997. And
currently, Rogen Corporation has 4 jobs at $8.50 and estimates
the addition of 8 jobs at $10.00 by 1997. The company does
precision welding and fabricating for prototypes and
production.
The company is looking at 2.8 acres to the north of the
unoccupied Pfeffer building along Fallon Avenue. The
developers were notified of the need to provide the HRA with
a letter relating to the "but for" test. The company is in
the process of securing bank funding. This is a preliminary
concept approval only because no credit analysis of the
company financials has been completed.
Based on assumptions and the estimated number of manufacturing
jobs, Ben Smith made a motion to approve the preliminary
concept for use of TIF, pay-as-you-go method. Tom St. Hilaire
seconded the motion and with no further discussion, the motion
passed unanimously.
6. OTHER BUSINESS.
a) No bills for approval.
b) One proposed TIF bill bofore the Legislators could
sharply limit the use of surplus dollars from pre -May i,
1990 districts, If a City or HRA has riot issued bonds or
entered into contract prior to February 1, 1995.
c) It was suggested that a letter of Monticello's interest
In economic development be written to Komo Manufacturing,
St. Cloud.
ADJOURNMENT_
The HRA meeting adjourned at 7:50 p.m.
011ie Koropchak, Exe ti�Dlr-ctor
1
y Pago 3
HRA AGENDA
APRIL 5, 1995
4. Consideration to review a preliminary_plan to modify the
budgets of 'PIF District Nos. 1-1 through 1-11.
A. Reference and Background:
HACA PHIIALT4
In 1990 a law was passed which placed a LGA or HACA Penalty
against cities for TIF District established thereafter. In
reality, School Districts do not receive increment from newly
established districts; therefore, the State picks up the loss.
In 1990, the State began penalizing Cities who established TIF
District by reducing their annual local government aid (LGA or
HACA). Again, the City Is penalized, not the HRA.
For post-1990 TIF Districts No 1-12 (Aroplax) and 1-14 (SMM),
the HRA is tranforring dollars to the City of Monticello for
its HACA Loss through the form of a loan (See attached). TIF
District Nos 1-1 through 1-11 are pre-1700 districts and are
not subjoct to a HACA Penalty.
In 1992, a law was passed which further restricted the ability
of the HRA to tranfer dollars to the City of Monticello for
Ito HACA loss.
District Not Increment Penal_}_ Budget
Standard Iron $428,393 $106,119 HRA ADM 540,000
4 1-13 PAYG $311,000 (NPV)
Custom Canopy $65,800 $19.400 PUB IMP $19,500
0 1-15 PAYG HRA ADM $7,500
S48,000
Polycoat $106,000 $58,400 HRA ADM $15,000
p 1 16 DIRECT $55,000
Fay Mar $116,380 $58,400 PUB IMP $40,000
R 1.17 DIRECT HRA AUM $12,000
CONTIG $13,500
$50,000
River Millo $46,700 CIT ADM $11,333
A 1-18 PAYG (NPV) (NPV)
Sollo (100% incremont) $102,000
Council OK'd Decort 1909
Page 1
HRA AGENDA
APRIL 5, 1095
r
Mississippi $325,000 539,400 HRA ADM $20,000
# 1-19 PAYG (NPV) (NPV) CONTIG $20,000
Housing (100%) 5325,000 (NPV)
Qualified Housing
The uncovered HACA loss from District 1-13 and 1-16 is
approximately $164,500 and recovered HACA loss from District
1-15 and 1-17 is approximately $73,000.
PRE 1990 TIF SURPLUS
A proposed bill if passed by 1995 Legislators would return
pre-1990 TIF surplus dollars (less bond and contracts) to the
taxing jurisdictions unless a plan of action has been adopted
prior to July 1, 1995.
Administrator Wolfsteller is preparing an estimate of pre-1990
surplus dollars which could be earmarked for public
Improvement expenditures within the Redevelopment Project No.1
area to off-set the HACA Loss of the City. District Nos. 1-1
through 1-11 budgets or plans would need to be modified and
approved by City Council no later than Juno 26, 1995.
Because of the HACA Loss to the City, Council has Become
increaoely concerned about thin loss to the City. In the case
of the HRA preliminary concept approval of use of TIF for
Quality Welding, the Council accepted a purchase without the
provisions and Indicated no guarantee of TIF. The projected
not tax Increment is $96,000 and the HACA Penalty (City Loos)
Is $48,200. Currently 254b (proposed bill before leginlatoro
would reduce thin to 10%) of the tax increment can be expended
outside the Economic TIF District. HRA leg a1 and professional
fees muot he earmarked an project coots within the TIF Budget
or expended from HRA General Funds.
If a budget utilizing pre-1900 TIF ourplus monies was
developed for use of planned public improvement expondlturea
ouch as upgrade of Fallon Avenue or Fallon Overpnou, the
Council may be encouraged to continue the utilization of TIF
(manufacturing facilitles) or, they would be recovering their
HACA Loon.
Other alternativeo are to return the ourplus to the taxing
juriodietionn or limit the use of TIF to projects with greater
lucal inveotmont or payback.
Encl000d io a copy of modified b%idget from Buffalo and a copy
of planned stroet projects and costo from the completed
Page 2
HRA AGENDA
APRIL 5, 1995
Monticello Transportation Study. A modified plan/budget would
need to be distributed to the taxing jurisdictions no later
than May 25 to meet the 30 -day notice requirement prior to
adoption of a plan by Council on June 26.
B. Alternative Action:
1. A motion directing City Staff to develop a budget
utilizing pre -1990 projected surplus dollars for
modification of the plans for TIF District Nos. 1-1
through 1-11.
2. A motion denying the use of pre -1990 projected surplus
dollars.
3. A motion to establish local TIF guidelines which
encourage projects of greater local investment or
payback.
C. Staff Recommendation
Staff recommends the HRA and Council agree on cohensivc
objectives for the use of TIF.
i
D. Supportin4 Data:
Copy of TIF Loans for Aroplax and $MM, TIP surplus revenues.
City of Buffalo's budget, and City of Monticello planned
roadway improvements.
Page 3
TAX INCREMENT FINANCING LOAN 1-12 AROPLAX
FINANCIAL REPORT
March 7,1995
Payback began in May, 1993 for 9 years ending in November, 2001.
Semi-annual principal and interest payments total $2369.30 for the year.
LOAN TOTALS
Principal
Interest
TOTAL
REVENUES
Principal Payback
Interest Payback
TOTAL REVENUES
EXPENDITURES
r
TOTAL EXPENDITURES
t
ORIGINAL
$15,000.00
X6,323.59
$21,323.59
FUND BALANCE FOR TIF 1-12 AROPLAX
December 31, 1994
TIFI2.WK1: 03/0396
PAID REMAINING
$2,487.21 $12,512.79
$2,251.39 $4,072.20
$4,738.60 $16,584.99
$2,487.21
$2,251.39
$4,738.60
*funds are avaWe ony for public improvements
$0.00
$4,738.60
C
TAX INCREMENT FINANCING LOAN 1-14 SUBURBAN
FINANCIAL REPORT
March 7, 1995
Payback began in May, 1993 for 8 years ending in May, 2000.
Semi-annual principal and interest payments total $352232 for the year.
LOAN TOTALS
Principal
Interest
TOTAL
REVENUES
Principal Payback
Interest Payback
TOTALREVENUES
TOTAL EXPENDITURES
ORIGINAL
$19,575.00
X6,843.82
$28,418.82
FUND BALANCE FOR TIF 1.14 SUBURBAN
December 31.1994
TIFI4.WK1: 0310319tT
PAID REMAINING
$4,145.69 $15,429.31
$2,899.35 $3,944.47
$7,045.04 $19,373.78
$4,145.69
$2,899.35
$7,045.04
*funds are evallable only for publle Improvements
$0.00
$7,045.04
TIF SUMMARY
REVENUE AND EXPENSES
12J31/94
PRE- MAY 1990 DISTRICTS
Total cash balances as of 12/31/94 (surplus)
Debt service funds $208,171
HRA - TIF projects 136y,a83
$578,054
Total TIF revenue projected to be received over
districts life (based on 1994 TIF revenue amt) 93,599,930
TOTAL POTENTIAL REVENUE $4,170,664
Total debt, loans, & developer agreements
outstanding & payable as of 12131/94
Bonds & interest $1,513,293
Loans & Interest $120,735
Developer agreement obligations
(pay-as-you-go districts) 5177.500
11.1111 S29
Potential excess TIF revenue over expenditures
at the end of all pre -5/90 TIF districts $2,359,156
TI FS UM2. WK4: 04/03195
IL
TIF SUMMARY
REVENUE AND EXPENSES
14/31/94
POST 1990 DISTRICTS
Total cash balances as of 12/31/94 (surplus)
Debt service funds $29,909
HRA - TIF projects ($51,261)
($22,352)
Total TIF revenue projected to be received over
districts life (based on 1984 TIF revenue amt) 51.317.088
TOTAL POTENTIAL REVENUE =1,294,739
Total debt, loans, 8 developer agreements
outstanding 8 payable as of 12/31/94
Bonds 8 Interest $248,139
Loans 8 Interest $290,810
Developer agreement obligations
(pay-as-you-go districts) 5587,589
51.138.535
Potential excess TIF revenue over expenditures
a1 the and of post 1990 TIF districts $168,201
TIFSUM3.WK4: 04/03185
Pers an equal number of skiing and girls' hockey.
0
members of the excluded They feel it is ageing the
sports for boys and girls.
Fifty-five girls showed up
sex have historically been law for District 877 to pro.
Supporters of girls' hock.
for the cross country skiing
limited, and 2. there has vide boys' hockey and not
ey say that, because there is
meeting, and twelve girls
been sufficient interest and girls' hockey.
a boys' hockey team and a
came for the hockey
ability to sustain a viable
girls' hockey team has been
requested, the school dis-
trict should offer girls'
docker.
Annie Doughty, the
school district's Title IE
R''(TMya Y1 a �a '-'„ _ta
Buffalo notifies couty �i �Q
R�
officer. said an Informal
meeting is bei t up be
lween hersel and {Iris'
►
V
D
project plans Yj ,
hockey spokes rwa Mar•
cis Blake to see
vsncecan beresolved. U
e
theity(HRA).isseekingto put on the proposed
an agreement cannot be
reached, there could be a
In an especially short
meeting last Tuesday,
undertake the following projects. _ �f
public improvement and In other business:
March 7, the Wright County
private redevelopment pro -
Night Out
Board accepted a notinea•
Uon from the City of Buffalo
jests by utilizing TIF funds: WETLANDS
• FIM St. S./First Ave. The county board voted 3. A �C Q
I'LI1 ✓
For Music
about plans to modify the
budget for Tax Increment
N.E. reconstruction, I (Commissioner Judie
g3ii,D00; Rase was absent due to a
Financing (TIF) District 2.
• Downtown sewer trip to see her daughter in
7
here Mar. 18
The city Is not creating a
new TIF district, and,
improvements, 1175,000; Hawaii) to recommend to
• Bike and pedestrian local state legislators a set
therefore, it is not captuz-
both. V5,ODD, of proposed bills that could
Ing more tax increment
• Marina on Buffalo Lake, make the Wetland Cooler-
oolerThe
Themusic department of
than originally planned, the
1475.000; vation Act more workable
Buffalo High School Invites
county board was told. The
• Bergstrom building for local governmental
You to A Night Out For Mu-
city, through Its Housing
rehabilitation, IIMO00; bodies.
sic on Saturday, March la.
and Redevelopment Ali.
T
• Hillman building he proposed bills are
in We Senior High Mail.
rehabilitation, 8125,000; [louse File = and Senate
Social hour will begin at
6:30, 0:30, followed by dinner
Driver hits
Central Ave. street. File 417, according to Core -
seep e, SM.Oft missloner Jack Russek. lie
hosted by parents of music
Wry Enterprises said they would help the
students at 7:30. After
ot8e
(Perkins Restaurant), county in the area of build•
dinner, guests will be enter•
g O
8225,000; and log raids.
dined by the BITS Singers•Buffalo
lsad 212 "We build roods not be.
F=1,000.
and The BHS Jat,z
pedestrian
00.oral
DiviaioaSt,g200,0cause we want to but be.
Ensemble.
All the projects are said cause we need to;' he laid,
Tickets for the event may
be purchased at Hallmark
A 19 -year-old Otsego man
to be consistent with the explaining that rules re -
goals and objectives of the garding wetlands can delay
In downtown Buffalo. Pro.
was struck by a vehicle and
original redevelopment road projects.
ceeds from the event will
killed last Saturday night•
plan for TIP District 2, Commissioner Pat Saw -
be used to help fund the
March 4, reports Wright
which was adopted on July atzkevoted against support.
1996 Concert Bond and Con.
cert Choir trip.
County Sheriff Doo
Hotemps. The driver was
25 IM the city said. Ing the proposed bills. He
allegedly driving while
The proposed Ian
p D the eased contort about
amendment will have no the exact contest the
intoxicated.
At approximately 11:20
is opposed
p
impact is the county's city to w and said the
In{ jurisdietlon, the eltY a weakening the Wetlands
p.m. lag Saturday. Charles
Paul Anderson, 19, was
added. In regard
walking south on Parrish
The Buffalo City Council to lu roquiremcna of pri•
me
to requirements
pleas to hold a public hear, vote developers.
Ave. In Otzego. Thedriver
and only occupant of the
Ing in regard to the pro. •I don't want to see the
D Anthonynthony
vehicle, Dennis
vehicle,ni
posed plan amendment on Wetland Conservation Act
Monday, March 27 at 9 p.m. gutted. People out bore
, of Otsego.
In the Council Chambers a support loving wetlands;
was southbound the
same road when Anderson
obtainrititen views and in. Ce. Board . P{. I2
was hit. Dohlbe+mer then
drove to a nearby
riere, and the .Alder.
2 killed
+tins were nouned. Ander•
young men
son was d
pronounced dead
at the "arta.
Joe Llegewdd
D•i g
n the u r sohalo
held n the Wright County
in broadside crash
Jail on charges of criminal
J. Ziegeweid,
vehicle operation and gross
misdemeanor driving while
Two young men were hal at the hospital. Ills
victims in a two -vehicle ac. passenger. David L.
intoxicated. The accident
cident jun west of Howard Carlson, 21, of Cokato, died
877
is being Investigated by the
Lake on Highway 12 last at the scene of tho accident.
mentor of
Wright County and Henna.
Monday morning, March 0, No one involved with the
pin Caunly Sheriff's
the State Ilighway Patrol accident was woorie{ a
students dies
Ikparttnena.
reports. seat -bell.
Assistant County Attar.
The crash occurred at Services for Carlson are
Buffalo High School lot I
nay Tom Kelly said Dahl.
about 9:30 a.m. during a being held on Friday,
•inrrh ^'
h.i,w v h.A 1....... --1.-4
tr •- a.i.•-- r In .
T.' 11 ',E b
MONTICELLO TRANSPORTATION STUDY
TRANSPORTATION IMPROVEMENTS
1
TOTALMD
RANK
I FACILITY
I SEGMEN
IMPROVEMEN
I I
,��
1994
- 2000
1 CSAR 75
Hart Blvd. to CR 39/CR 118
Reconstruct to 4lanes
$ 1,000.000.00 (1)
2 CSAH 75
Hart Blvd. to Existing Frord. Rd.
New 2 Lane Roadway
$ 300.000.00 (2)
No. Front. Rd.
3 CR 118
1-94 Interchange
Add Westbound CWAZamp and
$ 400,000.00 (3)
Eastbound OH -Ramp
4 CR 118
Oakwood Dr. to CSAR 75
Troftic Stgnal Improvements and
Urninp
$ 10(1.00.00 (4)
5 CR 118
CSAH 75 to School Blvd.
Widen to 4 lanes
$ 1,000.00-000)
2000-2010
Fallon Ave
Chelsea Blvd to 7th street
1-94 Overpass
$1.000.000.00
7 TH 25
School Blvd to Oakwood Dr
Widen to 4 Lanes with Tum Lanes
$1,500.000.00
8 CSAH 75
CSAH 39 to 1.94 Westbound
Widan to 4 Lanes
$700.000.00
IOff4tamp
9 CSAH 75
1.94 Westbound Off -ROMP
Traffic Slpnal
$100,000.00
I10 CSAH 75
Washington Sheet
Traffic Ski al
$100.000.00
1 CSAR 39
I12
Elm Strret
Traffic SM'mal
$10(X000.00
TH 25
School Blvd
Traffic 9"
$100,000.00
Ii
13 CSAH 39
7th Sheet
Traffic Signal
$100.000.00
14 CSAR 39
CSAR 75
Traffic Sigrwl
$100.000.00
'
18 Cedar Street
Dundas Rd. to School Blvd.
New 2 lone roadway
$600,000.00
t(1) - Clty would pay storm Sewer and curb and Gutter costs only.
(2) - City would pay Told Cwt.
Oty would pay 20% pin ErKWxx Mg Costs only,
t
(d, WA/DOT may pay Total Cost,
a
OSM Proloct No.
8108,00
Page 44 ;
1
i
I
.BLE 6 - CONTINUED
i
RANK
I FACILITY
I SEGMENT
2010-2015
16
IA4 South
90th Street to CSAH 39
Widen to 4lanes
$1,000,000.00
Front. Road
$1,800,000.00
'
17
CSAH 75
Etre Street to River Street
i�18
TH 25
1-94 to CSAH 75
19
Washfrlpton
7th Street to CSAH 75
I�
Street
20
TH 25
6th Street
21
TH 25
4th Street
a�
i
i
r
OSm Pm*l N0.
6105.00 '
Traffic Skmi
Traffic Sl=l
$100.000.00
$100.000.00
" 45
TOTAL ESTIMATED
IMPROVEMENT
PROJECT COST
2010-2015
New 21ane Roadway
$800,000.00
Widen to 4lanes
$1,000,000.00
Widen to 6 loner with Turn Lanes
$1,800,000.00
Wklen to 2 Lanes with Tum lanes
$M.000.00
Traffic Skmi
Traffic Sl=l
$100.000.00
$100.000.00
" 45
Consideration of additional 20 feet of utility easement frau Lot S. Block 3 of the
Oakwood Industrial Park. (J.S.)
A. REFERENCE AND BACKGROUND,
The City of Monticello is proposing to extend a 12 -inch water main and a 21 -inch
sanitary sewer south of Dundas Road which will service trunk lines to pick up the
Klein Farm's, Oscello business campus, Cardinal Hills and areas to the south for
future development. The line could also serve Kjellberg's East and possibly the 68 -
acre Remmele parcel. Prior to full utilization of the sanitary sewer trunk,
replacement of the existing trunk between Dundas Road and East 7th Street on the
north side of the freeway would have to be completed.
There currently exists a 50 -foot drainage utility easement on the west side of tot
5. This 50 feet as well as the adjoining 50 feet on the other side against the
City's well field is proposed for use as ponding and drainage as part of the Hart
Boulevard storm sewer trunk system. The new sanitary sewer trunk is proposed to be
near the top of the existing slope for the drainage easement, within 5 feet of its
existing eastern edge. With only 5 feet of existing utility easement left, it would
be difficult to obtain access to the manholes or make repairs to the Iine without
additional easement. The City hereby requests that the HRA consider granting an
additional 20 feet of easement. It is the City Staff's opinion that the additional
20 feet will not hamper development of Lot 5 as parking lot and/or curbing could be
placed on the easement. Lot 5 is currently 430 feet in width. Removing the
existing 50 foot easement and the proposed 20 foot easement, leaves 160 feet of
remaining lot. Many of the other lots along Dundas Road are only 360 feet in width.
You may ask yourself why the City is proposing to locate the sanitary serer on the
eastern side of this easement and why not the western side against the existing well
field. Primary reasons are for protection of our municipal water supply. Well •4
located on this parcel to the west is the highest producing well that the City of
Monticello has. We must maintain separation between sanitary sewer systems and the.
well. In addition, the remaining portions of the lot will undoubtedly contain
additional wells in the future. Consequently, the maximum distances of separation
between a well and sanitary sewer lines must be maintained.
H. ALTERNATIVE ACPIONSe
1. The first alternative is for the HRA to grant the City an additional 20 foot
easement on the rest side of lot 5. Block 3 of the Oakwood Industrial Park
for the purposes of maintaining access and servicing its trunk sanitary sewer
line.
The second alternative would be not to grant the additional easement.
C. STAFF RECOMMENDATION#
It. is the recommendation of the City Engineer and Staff that the HRA grant the
additional 20 feet to the City as outlined In alternative number one.
D. SUPPORTING DATA#
Copy of proposed utility lines and proposed easement.
OAKWOOD INDUSTRIAL PARK EASEMENT
v z
WN
0-9
QW
Z
Q H
c^
c� MH 4-1
STA. 245+35
p m ON
jN� REMOVE PLUG AND
O BUILD MANHOLE
@a z OVER EXISTING 18"
MH 4-3
W
/ STA. 240+45 Z z a 12"-45° BEND
20' RTS\ a "i Z STA. 245+15
QY
I
04 12" D. I . P.
1 23900 12" ID. I .P. 24oi.1- 2a��•nn 1 '92
OQ �^n - 1 —�� 1 12�---- 1
1 > > 1 1 > �� i > > >-
21 " R. C. P.
1 /4 • BEND Zn PROPOSED DRAINAGE & UTILITY EASEMENT
:T+"5. 10' RT
.•
O
GENERAL NOTES:
3' SEPARATION BETWEEN SERVICES. 4" P.V.C. SDR 26
SEWER SERVICE PIPE & 1" COPPER WATER SERVICE PIPE.
CURB STOP SHOULD BE PLACED 11' INSIDE THE PROPERTY
LINE. SERVICE LOCATIONS ARE APPROXIMATE AND MAY BE
RELOCATED IN THE FIELD BY THE ENGINEER. SANITARY SEWER
SERVICE CONNECTIONS TO RCP SHALL BE A COR -N -TEE OR
APPROVED EQUIVALENT.
TIE ALL FITTINGS, VALVES, AND HYDRANTS WITH 2-3/4"
RODS.
SEE DETAIL FOR REACTION BLOCKING Ff1R W�TCe..•••
M)
MH 4-2--J
STA. 244+81
15' RT
12"-450 BEND
STA. 245+25-
REMOVE
45+25-
REMOVE BITUMINOUS AS —
REOUIRED FOR WATERMAIN
CONNECTION. REPLACE AS
IRREGULAR WIDTH PAVING.
m m
x x
�W C
� O
a Z
� � 0
a
v rn
m D> y
a ; '^
? a V,
N yz
A JI //T
1 46+ )0•-/11
I , D
/ m ) 0
x� \
e - STA. 24
10" X 1
CA INCLUDI
Z VALVE
E STA. 24•
Xi 10" fl( 1.
80'
10'
40'
HRA AGENDA
APRIL 5, 1995
6. Consideration to acknowledge the resignations of HRA members
from the Monticello Senior _Housing.Alliance.,__Inc._
A. Reference and Background:
Enclosed is a copy of a letter from HRA Member Al Larson and
Member Brad Barger resigning from the Monticello Senior
Housing Alliance, Inc.
The HRA should acknowledge these resignations to relieve Mr.
Larson and Barger of the Disclosure and Abstention Statement
(conflict of interest clause). Later in the meeting, HRA
members are requested to consider the appointment of two
Individuals to represent the HRA on the Alliance.
B. Alternative Action:
1. A motion acknowledging the resignation of Al Larson and
Brad Barger from the Monticello Senior Housing Alliance,
Inc.
2. A motion to deny acknowledgment of the resignation of Mr.
Larson and Barger from the Alliance.
3. A motion to table any action.
C. Recommendation:
Recommendation to for Alternative Action No. 1.
D. Supporting_Data..
Copy of resignation letters.
N
250 East Broadway
P. O. Box 1147
Monticello, MN
55362.9245
Phone: (612) 295-2711
Metro: (611) 333.5739
Fax: (612) 2954404
Monticello Senior Housing Alliance, Inc.
Attention: Barb Schwientek
P 0 Box 480
1013 Hart Boulevard
Monticello, MN 55362
Dear Mrs. Schwientek:
March 28, 1995
After much consideration and with regret, I request the
Monticello Senior Housing Alliance, Inc. accept this qty
letter of resignation as a member and officer of the
Alliance.
Although in late December I executed a Disclosure and
Abstention Statement or a Declaration of Potential
Conflict of Interest Statement in order to avoid any
conflict of Interest as a member of both the Monticello
Housing and Redevelopment Authority (HRA) and the
Alliance, it appears this may not be the best situation
for the betterment of the senior housing project or the
community. The declaration restricts direct
communication of the housing project with HRA members,
appears to Blow -down the development process of the
project, and continues to be a stumbling block.
It was a privilege to both chair and servo on the
Alliance. I will continue to endorse the senior housing
project and assiet in any way, within my legal realm, to
see the senior housing project known as Mississippi
Shores develop and become a reality.
The HRA will consider the appointment of an individual to
fill one of the two NRA eoato on the Alliance or to fill
my vacated seat.
Mro. Schwientek
March 28, 1995
Page 2
Many thanks to you and the members of the Monticello
Senior Housing Alliance, Inc.
Sincerely,
HOUSING AND REDEVELOPMENT AUTHORITY
IN AND FOR THE CITY OF MONTICELLO
Al Larson
Chairperson
AL/ok
cc: Monticello HRA
I
r
UBURBAN 612,295,6601 Page 1/1 Job 119 Apr -03 Mon 06:22 1995
March 31, 1993
Senior Housing Alliance
250 B. Broadway
Monticello. MN 55362
Dear Senior Houaing Alliance Board Members:
Due to a possible coaflict o; interest that may exist because of my
position on the Housing and Redevelopment Authority board, I am
resigning from the Senior Housing Alliance effective immediately.
Sinter ,
Brad D. Barger
CC: HRA members
F
i
HRA AGENDA
APRIL 5, 1995
Consideration to approve the_private Redevel_Rpment Contract
between the HRA, the Citv, and the Monticello Senior Housing_
Alliance, Inc.
Consideration to approve the Extended Law-Incore Housing_
Commitment Aqreement between the HRA and the Senior Housing_
Alliance, Inc.
Consideration to approve a Subordination Agreement among the
HRA, City, and Trustee _
Mr. Steve Bubul, HRA Attorney, will be present to review the
context of the three agreements prior to HRA approval. It Is
anticipated the agreements involving the City will appear on
the City Council agenda of April 10.
b
C
11Er W REAfENT AFTER LOSS OF
LDrx GOVERNMENT
AIX
- TAX
E8TOYITED -
-' TAX
Av9106TRATIVE 91CRENENT
LOA NET
BK%WAtENT
IPV
TAIa-S
CAPACITY
TOTAL
DOCREMENT
OkalE
LESS
PRESENT
METPAESENT
ADM
PAYABLE
RATE
PICREAENNT
PENALTY
AMEN
VALUE
VALUE
OOSB
1993
1.129
0.00
0.00
0.00
0.W
O am%
am%
o ain
1PH4
1-129
0.00
0.00
0.50
0.00
-- -
INS
1-129
0.00
0.00
0.00
0.00
40.00
$0.00
80.00
1990
1-129
000
0.00
0.00
0.00
40.00
$0.00
$0.00
1997
1.120
422x0.57
0.00
4221,56
!0.007.01
40.00
530237A7
►,,`!0.I
1000
1.120
42266.67
0.00
122156
39As7.01
40.00
$07.005.72
0.69127
1000
1.129
4.1 57
0.00
422166
36,067.01
40.00
us A"60
111.40956
2000
1.12D
4,11 ar
0.00
422x56
39.057.01
4000
pts od"
114.671.T3
2001
1.129
4226067
945.46
4,711.00
36A17.01
47x.90
8101.250.60
$16.057.14
2002
1-129
4226657
1.60167
4226.00
36,067.01
42A93.95
1175.6u.07
621,12s."
2007
1.120
42266,67
2.637.06
422656
36,067.01
$4.049"
1100.172.07
$21A10.7e
2004
1-129
42265x7
3.703.93
4278.55
39,057.01
$0,512.42
1216.600.60
126.7x.07
2006
1.129
42266.57
4.770.92
422090
36,057.01
0.437.60
0237.737.07
sn6 *7.70
2006
1.129
4226667
6.076.90
422650
36.057.01
,512.766.04
1266x06.0.1
$31 An-"
2007
1.129
42206.57
0.021."
422650
3607.01
$16.401.19
071.127.0.3
034216.70
2000
1.129
42206.57
7,667.07
4220."
3607.01
s"A11.75
06,000.51
076.413."
2009
1.129
42206.57
9513.65
4221."
3607.01
$24.00.42
009.76 06
W=06
2010
1.129
4220507
9A50.63
4226,56
36.057.01
5313.751.00
$40,660.37
2911
1.129
42200.07
10.4P 02
4 50 716
36�601
�$2»9.120,0.1
76700
00
532s 740.16
$47.444.45
2012
1.129
4220667
11571.40
4220.46
X9067.01
�7e
(j0.O07
2013
1.129
42.26567
12207.76
4226,56
3607.01
343AM02
047,1427
045.941.61
2014
1.120
42.28567
13247.77
4220,50
36A57.01
$49506.96
1700.006.00
$47564."
2015
1.129
4220667
14.109.70
422980
36057.01
$m.7""
0".46127
$4.003.67
2010
1.129
42.205.07
16.175.73
421186
36.067.01
$66.02713
5373.04031
$60,5]207
2017
1.129
4228667
13.135.73
422666
3607.01
$0.0".16
1721209s7
951A09."
2016
1.129
42.20667
13.135.73
1229.50
36.057.01
$66,604.63
0"20960
$3320663
2019
1.129
42`200.67
is,135.73
422680
30.057.61
$7207254
1304.69140
134.44160
2020
1.129
42.290.57
15.135.73
422986
36.067.01
$77.109.83
8400.60,05
$36.61170
2021
1.129
47,20a.57
15,11573
422986
38,007,01
$01.07903
14062!000
0",731 s7
2021
1.120
0.00
15,136.73
OOD
0.00
$".61121
14092!006
066.771 s7
210.460.11
102.77392
961.42534
".64121
m 406290.09
66.721.57
HRA AGENDA
APRIL 5, 1995
10. Consideration to review a oreliminary development concept for
HRA Lot 5, Block 3, OIP.
A. Reference and Background.
The HRA's outstanding loan balance for Lot 5, Block 3, OIP, is
approximately $65,000. I believe the original cost was
$75,000.
One of the IDC's objectives is business retention and
expansion. This is an existing production company looking to
expand. Current lease is up September 1995, confidentiality
is requested. The company would like to lease with an option
to purchase a 15,000 sq ft office/production facility. The
company only needs 2 acres for construction. To cashflow the
project, rents need to be at a minimum for the first year.
The company has been working with Hutchinson Technical College
and the company is showing a turn around. The project merits
the "gap fiancing" criteria. Although the company is
exploring Becker, we are attempting to retain the company in
Monticello within reason.
Currently the company employs 28 full-time and 4 part-time at
wages of $8.50 per hour with bonus. Additional 10-12 full
time in two years. Public Resource Group is analyzing the
financial statements, a local developer has expressed intorest
in ownership, and we will meet with the owners on Tuesday to
see if the project is doable. TIF in the amount of S50,000
up -front has been proposed as a reduction in the rent to the
leasee.
I had thought of the HRA lot or for better utilization to
subdivide the lot. Other options are the City or Pfeffer
lots.
What is the HRA'a asking price?
t
FACILITY LEASE STRUCTURE
USES OF FUNDS
Land - 2 acres at $20,000/acre S40,000
Construction - 15,000 square feet at $23/square foot 345,000
Contingency 45.000
TOTAL USES OF FUNDS 5430,000
SOURCES OF FUNDS
Bank (Prime + 2%, 20 year term, 1st REM) $270,000
GMEP (6%, 20 year term, 2nd REM) 50,000
Equity
Developer Equity 60,000
Tax Ineaoment Financing so—
TOTAL SOURCHS OF FUNDS
DEBT SERVICE
$430,000
Bank (AVS. 11 %)
Year l
$2,785
YOSL21
$2,785
GMEF
—10
_.m
TCTAL MONTHLY
$3,145
$3,145
TOTAL ANNUAL
S37,740
$37,740
ANNUAL LEASE COST -
DECORATIVE SERVICES
$41,925
$52,300
COST/SF (NET/NETINET)
$2.80/SF
53.50/SF
ANNUAL AVG. OVERRIDE AS A % OF DEVELOPER'S DEBT SERVICE: 33.3 A
V'
HRA AGENDA
APRIL 5, 1995
11. Consideration to accept the resignation of HRA Member Ben_
Smith and to authorize advertising the vacated HRA C_ommiss_ion
seat.
A. Reference and background__
Enclosed is a letter of resignation received from HRA Member
Ben Smith. The HRA should accopt this resignation and
authorize advertising the vacated HRA seat in the Monticello
Times.
It has become a City commission policy to advertise and
interview candidates interested in a vacated commission seat.
Assuming the HRA receives resumes from interested individuals,
the HRA members could consider interviewing the candidates at
the May 3 HRA meeting. Because the City Council appoints the
HRA members and because no Councilmember sits on the HRA, the
Council may also wish to interview the candidates. HRA
appointment by City Council would take place May 8 under this
schedule.
One individual (John Duffy) who was interviewed for an EDA
position did express interout in the HRA and appeared to be
well qualified. It may be wise to contact him of the vacancy.
B. Alternative Action:
1. A motion to accept the letter of resignation from Ben
Smith as commissioner of the HRA and to authorize
advortizing for the vacated position.
2. A motion to accept the letter of resignation from Bete
Smith as commissioner of the HRA and deny authorization
to advertise for the vacated position.
3. A motion to table any action.
C. Recommendation:
In order to maintain consistency of a City policy, otaff
recommends Alternative Action No. 1.
D. Supporting Datn:
Copy of the letter of reoignation from Ben Smith.
Alk
�/7'loy�x�o K N
%J•ja,�� 7� 1 4 £f
%%G�v�irc�X�' �•��•
naA
HRA AGENDA
APRIL 5, 1995
141
12. Consideration to appoint two individuals as representatives of
the HRA to the Monticello Senior Housinq Alliance, Inc.
A. Reference and background:
With the resignation and knowledgement of Al Larson and Brad
Barger from the Senior Alliance, Inc., the HRA should consider
appointing two individuals to represent the HRA on the
Monticello Senior Housing Alliance, Inc. They would report
directly to the HRA on the progress of the construction and
operation of the senior housing project.
Two individuals have accepted an invitation by the HRA to
represent the HRA on the Alliance, they are Steve Johnson and
Ben Smith, respectively. Steve Johnson is a partner in the
family-owned business, The "J" Corporation, and Ben Smith is
a previous HRA Commissioner.
B. Alternative Action:
1. A motion to appoint Steve Johnson and Ben Smith as HRA
representatives on the Monticello Senior Housing
Alliance, Inc.
I. 2. A motion to consider other alternative names to represent
the. HRA on the Alliance.
3. A motion to table any action.
C. Recommondation:
With the willingness of the two individuals to serve on the
Alliance as representatives of the HRA, staff recommends
Alternative Action No. 1. It is my understanding
Administrator Wolfotellcr has received a willingncos from Opal
Stokes to accept one of the two Allinnce seats appointed by
Council.
D. Supporting Datn:
None.
HRA AGENDA
APRIL 5. 1995
13. Other Business.
a) Project updates:
Quality Welding/Bogen Corporation has an accepted purchase
agreement for $61,700 (Lot 5 & 6, Block 1, OIP Second
Addition) with no provisions from the City. Agreement is
valid for two months from February 27. Company looking at
Becker.
Cabinet Maker - This Osseo company is looking to relocate a
expand. 15,000 to 20,000 sq ft office/produc"Son, must be out
of current facility June 1. Current 15 people, addition of 5-
10 within 2 years.
Package machine manufacturer - Looking to relocate and expand,
80,000 to 100,000 sq ft office/production, 75 jobs currently,
an additional 50 within 2 years. Or to expand by 50,000 sq ft
production with 50 jobs within 2 years. Construction spring
of 1996.
b) Bills enclosed.
t
Holmes & GRAVER
� � eaersasa
March 20, 1993
INVOICE 4 4$689
CITY OF MONTICELLO evelopment -Caner
P 0 BOX i147
MONUCELLO MN 59362-9245
For All Legal Services_ From
February 10, 199S Thru February 2$, 1999 As Follows:
' 02/10/93 $JB Phone call with D. Koropchak re 0:30 37 :4
general TlF/Developmov t issues
Total Services: 037.20
r Name Hours Rate Amount
�i►% Stephen J Bubul 0.30 i24.00 37.20
Total Services And Disbursements: 037 du
I i�rr.antlsrpsndC'almr
r smear atrkeotdenaed
rd
r
ddsiMA
John 8 Dean
HOLW= & GRAWN
eoasnmea
assmr.rc�ssr.a�sa.�saua
sr�swsaas
March 20. 1999
IIS
INVOICE # 98690
CITY OF MONTICELLO Mar TXF Praiec
P' O BOX ,1447
MONTICELLO MN 98362r92AS
For All Legal Services From
Feiruary 8, 1995 Thru February 38. iyi79 As Fallows:
02/08/99 SM 'Review lett•- o4 credits phone call 0:`0
with B. Endies
02/09/90 SJB Phone call with 0. Koropchak re 0.29
closing
Name
Stephen J Bubul
IeoeI uMnpoorldlew
10 Oftdaft or dwraW
b
Woorpoll
of OyYwN
0 Dean
1
62 00
i :•0
Total Strvices: 4Y3.ti�
Hours Rats Amount
0.73 124.00 93 00
Total Services And Disbursements:
693 CO
HOLMRS do CRS VER
01-1 aserssm
\, Mosses"
Tawssns
i
March 20, 1993
INVOICE #4S692
CITY OF 'MONTICELLO bsriior Mousing T3F
P 0 BOX 1,147
MONTICELLO NN 55362-9Z45
For All Legal
Services From
January 30,
1999 Thru February 28. 1499 As Follows:
02/16/99 SJB
Intraoffice conference with J. Dean re
1.90
186. CIO
conflict) phone call with 0..
-
Koropchak re same) phone cell with
Can Lindh) draft memo re Conflict
02/17/99 SJB
Msmo to A. Larson and S. Bary re
1.00
124.00
conflict question) phone call with
A. Larson re same
02/22/99 BJ8
Phone call With 0. Koropchak re
4.50
e3a cc
meeting) phone call with A. Larson)
review MRA minut*si review
,,Coma/rent limits; attend point
MRA/Council/Hospitel Board meeting
02/23/99 SJB
Phone Call with 6. Koropchak: review
2.00
.-Q 00
TIF budget) phone tall with D.
Gustafson, letter to D. Lindh
02/24/95 GJD
'Phone call 'with 0. Koropchak and:R.
0.60
74 40
Molfstsl`ler re land and TIF issues
Total
Services:
Gi. 190.40
Name
Mours Rate
Amount
Stephen J Bubul 9.,60 124.00
1,190,40
For All Disbursements, As Follows:
„
02/22/95
Mileage *opens* (,BJD)
14.00
Long Distance Phan*
0.21
Postage
3.46
Fax
9. 00
dmW& wfdeprM4, of tee,
�amasaoylmaesmstte
Total Disbursements!
s.9 a
eedthtl no pM
a*
Shoe
notal Service+ And Disbjrssments:
81.2:�
Stephen J Bubul
ce.etseeo
sa� ewses�s.va�,ssr.esss�..sssw
T�r.s...asiaaan
ZV
Mar c n 23. 199'
cnfVOICE a '5'5793
CITr 3F MONTICELLOpoor Radevelcoment
POsax 1147
MONTICELLO MH 55362 -9.i -L9
For All Legal
Services Froci
Deeombe r 1,
1994 Thru Fa�ruary 26, 199: As Fallows
-
12/01/94 SJB-
Draft Tapper :,mendment and MR,
:.00
i4C :.
resolution
12/02/94 SJB
Phone call with 0. Koropchak rs
0.20
6C.:.
contract and EMV issues
12/06_/94 SJB
Phone call math 0. Koropchak re
C. 30
cC.
Contract; phone ^.all With L.
Kirschtirevise contracc: memo to
`
0.. Koropchak
12/08/94 SJB
Phone call with 0. Koropchak re
0-30
2a
Amendment, letter to Tapper
01/19797 SJD
Phone call wsth 0. Koropchaf re
0.20
Contract
Total
Services:
'5431: -:4-
Name
Stsp.hen J Subul
For All Disbursements As Follows:,
Meossnger Servicas
1060 srdrpolftol"
am e�. 000as+t. ddm_a a�
aecava adthynopet
ror A,
0
Hours Rate Amount
3.10 120.23 420, 80
10.00
Total Disbursements: $it: Ca
Total Services And Disbursements: 04:C 8r_
Kauas & CRAVEN
Casessseo
AA�/�1rf1�k10�sYe1
March 20. 1999
INVOICE 0 48691
r
CITY OF MONTICELLO Soils TIF
P O BOX 11'47
MONTICELLO MN 58.'62-92,15
For All Legal Services From
February 3. 1995 Thru February 20. 1998 As Follows:
02/03/99 SJB Phone call with J, Casserlyi revise 0.79
Contracts letter to 0. Noropchak
Total Services: $93.00
Name Hours Rate Amount
Stephen J Bub%l 0.79 124.00 93.00
For All Disbursements As Follows:
Postage 2.94
Fax 1.00
Total Disbursements: e3.?4
Total Services And Disbursements: 096. q4
'a0anaudnpsetldall e
gOemaft"Mor waed
111L PW1
aesswneaudemnopnt
ft O WAs
Stephen J 9ubul
HoLucs* Gum
IS
Foorti-ary, 21, t—POZ
INVOICE W 40435
14N190:43
CtTV 00 MNT-ICELLO Fa- m Mar TIF Proj,gct
P 0 B4O)C 1147
M13NTICELL-6 M 55366-9�43,
For All Legal Services From
44muary20, lVWhru January 3t, 1993, A*,Fdl'l,ows:
01/20/90 SJB; Phone call with 0. Korpochak re 0, zs 31 SC
Cfasting ,
01124/95 S_ J6 Phone call With 0; RoPoPch-ak re 0.20 24. EO
closlnqjre.Vie-wi updatod,Umbordin'ste
Agreement
Total Services: e59. E0
Name Hours Rate Amount
Stephen J Gubul' 0;45 124.00 58.00
Total Services And Disbursements: 035.6*
PWfta=untdalmdft wd
( and aorr�a end am nol"
HoLbM & CFAVEN
oa.ssasn I L
A/0�s�i�11��6.Yl�rr,Yal 'C
February 21, 1499
INVOICE a 46436
KN190: 46
C3TV OF MONT,ICELLO So'il's TIF
P 0 BOX. 1'147
MONTICkW MN'.09362=9649
For A11 Legdl
Ser"vi;ces From
January 9.
19475 Thru ,January 31. 1995 As Follows:
01/09/93BJH
Phone call witn O. Koropchak re
0.:0
62.0-0
Contiact
01It1492 SJS
.Review Murray co=ant<e to Contract,
Q. CO
74 LC
phone call w th O. Koropchak is
Same
1
01/12/99 IWO
Phone call dLth O. Koropchak, most
3. 1!0
434 co
01/17/9.3 SJH
with some: and Murray
Revise Contract
2.00
24e.vr
01_%21/98 BJB
Revise Con.tracti letter to 0_
3.00
372.00
Koropchak
01/23/99 SJH
Review Contract
0::0
6: :0
011/27/93. BJB
Phone cell myth R. deurray re Contrac .
0 :9
01/31/99 SJH
Phone call with 'O. Koropchak rs
1 CO
124 00
Contracts revise Contracts letter
to'Noropchak
Total
Services:
01,4,0' 1:
Name
Hours Rate
Amount
Stephen J eubu,l
11.35 124:00
1.407,40
For All Disbursements
As Follows:
01/12/99
Perking expense
7.00
Ottt2/99
Perking ex,pens•
7.00
Postage
12.81
foc unde,Wfto"M
Total Disbursements:
036 91
M edsao�ours, Nm or dsnuad
- andOmnoOsu
Tota3 Services And Dieburaamenty
01,434 ei
HOLUM & CRAVEN
ca..rom
I
aeserso,�,as..wrww..�rasn1
/%
'urer..aawase
\ _ \
�
February. 21, 1995
INVOICE #'48437
MN190: 4e
C'ITV OF
MONTIC£LLO Senior Housing
TIF
P 0
80%
1147
MONT.ZCELLO'MN 95362-9245
For All Legal
Services From
November
lc 1994 Thru January 3L 1995 As Follows -
141,21/94
64B
Phone call with Kiracht re TIF
0..'0
U cc
analysis; revieln same
11/22/94
SJB
Phone call "with L. Kirsch.t; review TIF
0 i0
12. CO
nuabers
i
12/01;94
SJB
Phone cal -I witn 0. Koropchas re TIP
A. '_0
3t ":J
questions
13/1'5/94
'SJB
Maeti'ng with soaff, D. Lindh and PRG
re schedule Planning
1 50
0$ CO
12.14/44
SJB
Research conRlict questionu draft
3. CO
36b :_ti
statement
12/19/94
&j.'
Research con -Plitt questions letter to
I eo
t=' .v
0. Koropchak re sacs
12/e0o,94
SJB
Phone :*,It with P. Weingarden re
0.30
3e LQ
conf'lt.` question
18122/94
BJS
Phone e'yll with '0. Koropchak' re
0 25
30 CO
Conflict Questions
12/:4•i+
SJB
Phone call with 0. KoropchaK re
0.30
2c. '_`0
schedule and contract
01/09/95
8JB
Phone call with 0. Koropchak re TIF
0.:0
62. C0
Plan and loan
01/10/95
SJB
Phone calci with 0. Koropchak r.e TIF
3. CO
:373: CO
Bchadulej letter to L. Kirscht;.
draft Note and Lorin Agreement+
review TIF Budget; phone call witn
L. Kiracht
01/11/95
SJB
Review TIF Plan and resolutions;
0. 75
93.00
comments re same
01,/12/95
SJB
Phone call with 0. Koropchak re TIP;
0. 30
62.00
'
phone call with D. Lindh and PRO re
TIF Plin Issues
0.1/12/93
BJB
Phone call faith 0. Koropchak re TIF
0.25
31 CO
plain
01/17/95
SJ8
,Phone call with 0. Koropchak r.o TIF
0' 75
93 00
Plan and .bwoget; analyse land
acpuisibiam,issue
01/1'9/95
9JB
Phone call with 0. Koropchak re Lana
0� 30
3' o.0
sale and TIF issues
-sCuntinved On Nest Paps•
Stephen .! Bubul,
HOLUM & (Rlvep
CHAMISM
saes�.ssJmaor
Feb.ruarq 21, 1'9?.9
INVOICE 4 48437
rN190: 48
CITY OF FMT`ICELLO Senior Housing TIF
F 0 80k 1'147
MONTI'CELL0 MN 55362--q246
01120/9,9 SOD:
Phone call with 0. Koropchak re. TIF
0.50
62. 00
01/24/99 Wt
Review TIF Dudgetr, phone call wfth 0,
0.':9
31. UO
Noropchak re same
01/29/99 SAPhan•
call with L. Kirsch re TIF Plan
0.10
1s. 40
01/27/99 8J3
Phone call with 0. Koropchak re TIF
O. EO.
99.20
issuesi phone call with D. Lindh re
same
Name
Stephen J Subul
For All Disbursements As Follows:
Photocopies
Long Distanc.,& Phone
Postage
1 dKLM LV4W pyW*f of hw
oW oda acaun6 dom a dsmod
t sew ooReo and ow no pen
Stephen J 1ubul
Total Services: St. 03a.60
Hours Rate Amount
19, 09. 1:22. 09 1.836. 80
4,00
25.60
0.96
Total Disbursements: 0300.96
Total Services And Disbursoaents: 01.•167 36
/,
February 28, 1995
t
PUBLIC RESOURCE
GROUP, INC.
s
Mmke", Development & Finance SpaWists
Ms. 011ie Koropchak
City of Monticello
250 East Broadway
P.O. Box 1147
Monticello, MN 55362
STATEMENT
Consulting Services --January 16, 1995 through February 15, 1995
2-14-95
LPK--Structure for Automotive Northern Warehousing L2.1
TOTAL HOURS 1.25
NON-CHARGABLE HOURS
2-13-95
LPK--Meeting with Automotive Northern Warehousing 3.00
Net Chargeable Hours ® $90/Hour S112.Q
TOTAL AMOUNT DUE X50
CURRENT OVER 30 OVER OVER
$112.50
4205 Lancaster Lane North • Suite 1100 • Minneapolis, Minnesota 55441 0 (612) 550.7979 • (612) 550.9221 Fox
r
r
PUBLIC RESOURCE
t
GROUP, INC.
Marketing, Developmeru & finance Specialise
March 14, 1995
Ms. 011ie Koropchalc
City of Monticello
250 Fast Broadway
P.O. Box 1147
Monticello, MN 55362
P"11M rueot of `nF U►s M No. 1-19 tot M=W10 Senior tsouri %Aluamcq
Initial project stnknuriq with business; prepamdm of TIF
data; determination of project future values and preliminary
TIF financial analysis; review and confirmation of TIF plan;
distribution of docume= to County and School Districts;
and certification of &Wict.
TOTAL. AMOUNT DUE
l;.imBm OVER 3Q OVER OVER 90
$3,850.00
? TERMS: NET DUB UPON RECEIPT, 1.33% PER MONTH SERVICE CHARGE ON
PAST DUE ACCOUNTS
4205 Lancaster lane North • Suite 1100 • Minneapo4 Minnow 55441 • (612) 550.7979 • (612) 5549221 Fax
r
P
•y
PA%1"ITe11:DI11u1N1) IRF\i11pr:RIINIIpBI.IIIpY.
MAI 1!. IM T() AY"ID rFJVA1.TT.
REAL ES'fA'1'ETAXPS
PLKAXE READ BACK OF FORM FDR FAYMFJYT MX10 IL
I TOTAL TAX
91.20
L
ISTHALFTAX
45.60
J
-
PENALTY
ISSSS-01188E-`:0003030
� TOTAL
HRA
2p308 9pROADMAy E
•rrroammuopww•mmrrcr.um
J
G
MONTI ��ww.orrem•¢rnpaa.
P CEl 7 NN SS362;-1147
��•`~`�
p
_
TOUR CANCELLED CHECK M YOLM RECE'"
C:
THIS STUB MUST ACCOMPANY SECOND HALF PAYMENT NO HALP
,
PAVMWiUCRr C'OUMTRPASIIRP.RON(XIB"ORE
2PAYSTUB
1995
�.
OCTOBER 15 • 1995 T" All.M rM,%LTT.
REAL ESTATE TAXES
J
VLFA.4R BEAD BACK"r FORM FOR FATMINT FKOCIM"M
I TOTAL TAX
91.20
�.
I2ND HALF TAX
49.60
J
PENALTY
�a
155.-019;003050
TOTAL
MONY�ELLO NRA
W+ Y E
w for
aaA�c.. oea
250ggo"%OA i
.
MDNTICELLO NN 95362-1147
11I "rrarAl`r'
❑
C
REAL EBTATE TAXC"EPAT``AKl1 N I= VnWKT COUNTY, WN36MTA
TAXPAYERS COPY
OWNER ISM 003050
I• I f
PROPERTYCLAwl.
C�r OF MONTi ELLO EXEMPT EXEMPT •
BIKE 33=A
ppLOKKT��pOOppS
lOT SB1K130AKY000 INDUSTRIAL PARK
NEW [MPROVFAm11e
-'
�.
ESTWATED MAID(ET VALUE 11
4
�f1 �Yr
034TS TAXABLE MARKET VALUE •
SCK
C
��TAXXPAYYLAS
ll 44
MONTI
EN',YNN 91362-1147 TAX CAPUM
1. ft .
_
00
FY br AU9LW /E a bin I &*aW. P•>u o MrgM• tam &nd An rld sWft C
)
1 r
F. 1be aw rlla•d a mp ••dol p(o.(M w rwiwe an s/1pAr 1 on Folin 141Pq.
Vour Properq Tea And I lop 11 d Red.(ed By TM Cob
• 00
C a
X.Ya. P graft a, Mon *awn. by sbftvm.ae wtl mm
I. Md Fats by lM$0e d WY "b.6"Tar F1T/Mto -
•W
•Y
.i
eg
6. Cwdn PW by FO Wb d MF-0to to Md= V pV%W W:
A Monw•l.o •10 ppMeuRr•I o.dl _ _ _ . _ _ _ - _ _ _ _ -
'
.;F., • i
B. Your gtglry m ellw ndldbn br BmlpYl tld1 •nd enAA
•
•
.�
11(6Qjy
H'Arn Yam Rapsry T•X Ilalt•n l:o
T. cm"
•
•
B. Ch o. awl _
0. 0010d •WIL1 882AEe0A11"ppw•11!m
•
•
•
1
0 RMweY 1 etlml to. _ _ _ _ _ _
•
•
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10, DpCYI IMO dsftA: A.
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11. Nm od•ol Holts itOl.rea r•Iwe1 wme - -
1
IFI
17. Tollpommm- mbMwe o.al1 YBpe�e•.Iw1O - _ - -
1' A89-003 IMPROVER•TS m�
400
0l�DO
004
91.2
4I
pp
'8
u, ra. bI1 papKq m ale •IBe1r •r.eBerll• _ _ - _ _ _-_
0!i•70
9142
1
PAY THIS AMOUNT NO LATER THAN MAT IS. -IM
4906
HRA INTERVIEW OF
MARK RUFF
PUBLICORP, INC.
Sometime ago, the HRA requested the referral of financial
consultants for interviewing. Although in recent times the HRA and
city staff have been die -satisfied with the performance of Public
Resource Group's (PRG) current Monticello representative, the
intent of this interview is for comparison and HRA exposure of
alternative options. It is not necessarily the intent of the HRA
to replace PRG. PRG has not been notified of the HRA interview
with Publicorp. For your information, the contract between the HRA
and PRG reserves the right for either party to terminate the
agreement upon 60 days written notice.
Publicorp, Inc. references came from Holmes & Graven and
Presbyterian Homes.
Enclosed are some prepared questions for the interview; however, we
are not limited to these questions so please be encouraged to form
questions of your concern. Questions will be asked by HRA members
on a rotating basis.
14
QUESTIONS
1. Mark, as the HRA is interviewing with you, would you become
the only company contact or representative handling
Monticello financial projects?
2. Explain Publicorp's assistance to the HRA in the preparation
of TIF District including the average coat to cotablish a TIF
District?
3. What is your working relationship with legal counsel in the
preparation of a TIF District?
3. Does Publicorp provide services on a flat rate or hourly rate
Is mileage included?
d. What experience do you have in preparing financial packages
(uses and sources of funds) for industrial businesses? Does
this include analyzing the financial statements of a business?
5. Does your company prepare applications for SBA loans and State
or Regional Economic Recovery Grants? Explain the process and
approximate cost? Does Publicorp continue to assist the
applicant receiving the loan or grant until such time the
financing is completed and closed?
6. Does and how la Publicorp involved with securing a commercial
,4:, lender for projecta? Would Publicorp endorse the use of
local (Monticello) lending Institut-ion-_4 prior to the
endorsement of others?
T. Does and how would Publicorp become a part of the marketing
team for the City of Monticello? Are the initial marketing
services at no charge? How readily available are you?
8. Would Publicorp encourage developers or real estate agents to
locate a business in Monticello^ How doe^ Publicorp network
with developers or real cstatc agcnto?
9. Give examples of projects Publicorp has aouistcd?
10. What other aorvices might Publicorp bring to the City of
Monticello, the HRA, or the EDA?
11. What other communitioo are clients of Publicorp?
S P E C I A L
Ehlers Advisor
E D I T I O N
Much 1995 Leaders in Public Finance Since 1955
INSIDE Aft
A Financial Advisor for Announcing the Merge
Your Future .......... 1 Ehlers and Associates, Inc. an1
What Does This Mean For d
You ................ 2 r Of
One Stop Shopping .... 2
Publicorp, Inc.
Setting a New Standard
PmB,e ar Publiconp .... 3 for Financial Advisory Services
A Finmdal Advisor For
Elden and Axwefaaes,lnc4 Your Future
-- In 1995, Ehlers and Associates celebrates combining the collective skills, resources
7Vsmwrbaoamooscathe Its 40th birthday 'as a leader in public and services of both firms, we establish a
Zr clEhIm and finance.' This birthday marks 40 years of new standard for financial advisory
AssoclmesOwPuAlkoep. M high quality, client -oriented service to services. This enhanced capability
comNwdmovni qfa► cities. counties and school districts In this provides you the Handal advisory services
flnwsmaserer-d-d/6r need to meet toda s challenges and
flxaxclal adWuwy servka. region. Birthdays are a dunce to look today
*s
twi farrard to talking ahead. We know that the next 40 years those that He ahead.
with )we aeon rhh eecift will present new challenges.
charge. h will chmv how Sincerely,
you fkxi above afixaxclad local government finance becomes Ehlers and Associates, Inc.
Increasingly complex with each passing
2970 NarwsrCowrer day. There are no easy answers or simple
00 Sawa 7th Suer solutions. To help you meet the challenge,
A16wegvdb. AfN»401 we are pleased to announce the merger of Steve Apfelbacher, CIPFA
1611/119.8291 Ehlers and Associates, Inc. and Publicosp, President
Corpmwe aaods, suite 225 Inc. is merger provides you financial
,172 Bbhops RCW advisoryservices based on tested and
mooglru W135002 effective municipal firundal strategies and
(414)78!•1110 solutions enhanced by additional depth Carolyn Dnde, CIPFA
and a broader spectrum of services. In Board Chairman
Eden AtWlsor - Soseial Edition
.tat does this mean for you?
It means that you can expect more from us. We are
going to build on our base of solid financial advisory
services and a commitment to meeting your needs. The
Financial Advisors in our Minneapolis office:
• Steve Apfelbacher
• Carolyn Drude
• Robert Ehlers, Jr.
• Rusty Fifield
• Kent Johnson
• Sean Lentz
will continue to serve you supported by all the resources
in our company. Our dime are the focus of everything
we do and we will continue the top quality service that
has always been a part of the Ehlers' tradition.
At one time, a public financial advisor could be just a
bond consultant. Issuing and maruging day, county and
school district debt was the focus of a public financial
advisor. Times have changed. While the ability to
fiance capital projects remains very Important, debt Is
the solution to every problem facing local
government. To help you solve these problems, we must
provide meaningful assistance in a broader range of areas.
This need lies at the heart of our merger.
The merger of Ehlers and Publicorp creates a new
standard for public financial advisory services. In asking
the question 'What does this mean for mel' you will
find several characteristics which dearly distinguish the
new Ehlers/I'ublicorp.
A Understardhtg
Service Is built on understanding. To serve you we
will:
• Understand your community and your needs.
• Understand the increasingly complex world of
local government finance.
• Help you understand your options and their
Implications.
d Creating Effective Solutions
These three words describe what you expect from
Ehlers(Publkorp. Grating • Making, producing,
causing to be. Sdutiau • The problem Is solved.
E, ffa iw • It works for youl
Pairs
4 One Size Does Not Fit All
Every community, every project is unique.
Ehlerw?ublieoT brings you a blend of tradition and
innovation. We combine a 40 -year history of diem
service with a proven ability to 'think outside of the
box.'
Commuted to Zero Defects
The term quality has become very popular and is
frequently misused Every firm talks about it, but
many don't tell you what it mearts. At
EhlersfPublieorp, the standard is zero defects.
Analysis cannot be 99% correct. Band issues cannot
'almost" dose. Our advice cannot be 'substantially"
correct. We will not accept another standard.
Neither should you.
VVVSW4M
With Ehlers(Publicorp, what you pee is Lvhat you V.
You will see a tram of experienced financial advisors
on every project. You will continue to be served by
the same financial advisor. You will also see
specialists with expertise In the areas that are
Important to you. You will we our financial advisors
working with you to solve problems. You will see a
difference.
One Stop Shopping
Ehlers(Publicorp provides a spectrum of services
unmatched by other financial advisory firms. Here are
brief summaries of how we can serve you.
Debt Issuance and Manage+nent
For 40 years, Ehlers and Associates has helped cities,
counties, school districts and other governmental units
Issue and manage debt. Helping you find and Implement
financing for caphrl Imnrovemenu will continue to be the
foundation of our business. Our approach to debt
[nuance focuses on:
• A thorough understanding of the capital finance
options available to local govemment.
is Balancing tested solutions with a constant search for
better ways to meet your needs.
• Helping you deal with changes in governmental
regulations and market conditions.
• An issuing process that works flawlessly.
Economic Datelopmerd
Economic development is the primary goal for most state
and local governments. Attracting a strong
ENaa tte.ba..:•edal EQkien
commerdaVindustrW tax base requires a multi -
approach to development. With the nu roux
restrictions applied to local economic devel ent,
communities must be able to identify and termine
available resources to attract new businesses existing
firms that are growing.
wi.-Il
Ehiers/Publiemp bpoised to assist you oeconomic development efforts. We reado you,
that the solution goes beyond simply throwing incentives
in front of every business which is shopping cities. We
are completely familiar with the traditional means of
attracting development such as Industrial park
infrastructure, tax Increment financing, and low Interest
loans: but we also focus on the more specialized, tailored
means unique to your community.
As a financial advisor to numerous municipalities,
counties, HRAs and EDAs In the State of Mimtesota,
Ehlers/Publicorp assists cities In the review of developers'
proposals. We analyze pro formas and determine the
accuracy of the developers' projections and, concurrently.
the developers' actual necessary amount of public
subsidy rather than simply the amount of subsidy
available.
Le s tlt•.11db
Actions of the State Legislature Increasingly influence
local government. Pmpeny taxes, local government aid,
school funding and tax Increment financing are just some
of the critical Issues that change with the Legislature
every year. No other financial advisor can help you link
your financial planning to legislative action. Gene
Ranlerl has over 20 years of experience in working with
the legislative process and creating positive results. With
Ehlera/Publicorp you get:
Z#ermatlox. We help you understand the
legislative process and Its Implications for your
community.
Opportmalty. Ehicrs/Publicorp Is uniquely equipped
to help you act in anticipation of new legislation
and to seize the opportunity provided by legislative
change.
Solutlau. Special legislation offers the opportunity
to define new solution. Ehlers/Publicorp can help
you design legislation and shepherd It through the
legislative maze.
Housing
Every community faces housing needs - single-family and
multi -family, senior, student, congregate care, low
Vv"r
Pan
income and starter homes. Regardless of the specific
need, cities are being asked to play an Increasing role in
finding solutions. Ehlers/Publicorp's approach to housing
looks beyond issuing bonds We help you answer the
important questions:
• What factors Influence the decisions of the private
developer?
• What roles can you play in housing?
• How much financial assistance is needed?
• Are 'essential function' bonds worth the risks?
• What factors make the project successful? How do
changes in these factors affect the project?
How can we look beyond this project and create a
long -tens strategy?
Planting
ile cities have often focused on the land use and
hysieal aspects of long-range planning, more and more
ties are concerned with the fiscal Implications of the
future. How has the growth of the community Influenced
the funding of public servlet? Wiut do we want our
community to be In the future? What are the financial
Implications of this vision for the future? To help you
answer these questions, Ehlers/Publicorp provides a
variety of strategic planning services:
• Consolidation and annexation studies
• Long range planning for operations and capital
Improvements
• Fiscal Impact of comprehensive plans
• Municipal service studies
• Utility rate and fee studies
Education
Publicorp Is known for lu accredited seminars on tax
Increment and other public finance Issues.
Ehlers/Publicorp will continue thb tradition with a
legislative update seminar in early June, 1995. In
addition, Ehlers(Publkorp staff are available to present
seminars for city councils, regional meetings, and other
groups on a variety of topics upon request.
Ehlers Welcomes Pabkorp
Publicarp. Inc. brings a ten-year history of creative
consulting services. The original focus of the firm was
educational programs. Publicorp remains widely
recognized for its seminan on housing, development and
redevelopment activities. Over the years, the firm has
grown in expertise and entitles in the areas of public
Ehlers Advisor. SPKW Edition
ince, economic development, housing and
governmental relations. The greatest asset of the firm is
an experienced and talented staff. We are very pleased
to welcome Kristin, Sid, Gene and Mark to our team.
Kristin Hanson
Kristin Hanson has experience in the public, private and
non-profit sectors. Her areas of expertise include polity
and legislative analysis, particularly In the areas of public
finance. She services as financial analyst in structuring
debt issuance for cities and assists In the creation and
modification of various types of tax increment financing
and general legislative issues.
Kristin is a member of the Economic Development
Association of Minnesota. Prior to joining Publicorp.
Kristin worked with the Minnesota House of
Representatives. She was a recipient of a Congressional
Fellowship, working with a subcommittee for the U.S.
House of Representatives Committee on the Judiciary.
She has also served as an administrative fellow for a
research center at the Humphrey Institute of Public
A (fairs.
'K.ristin Is a Cum laude graduate of St. Olaf College.
Northfield, Minnesota. She received her M.A. in Public
Affairs from the Hubert H. Humphrey Institute,
University of Minnesota.
Sidney G Inman
Sid Inman brings a broad background of computer
science, computer modeling, system development and
programming, financial analysis and accounting to public
finance transactions, particularly those that contain
public and private components. He assists clients with
creative and useful economic analysis which can be
utilized in structuring and monitoring projecu.
Sid has financial planning experience on large-scale
public/private partnership projects and Is a founding
partner in Publlcorp. Prior to his work with Publkorp,
Sid was Director of Finance/Central Services, City of
Fridley, Minnesota.
Sid graduated from the University of Northern Iowa with
a B.A. In business Administration; he attended the
'gIversitles of Northern Colorado and Alaska and
elved his M.S. in Public Administration. In addition,
he has three years of advanced doctoral studies at the
University of Minnesota.
Pace 4
Eugene Ranier(
Gene Ranieri, Director, Governmental Affairs, has broad
public polity experience. He has served local governments
as a researcher, budget officer and intergovernmental
coordinator. In the latter position, he has been involved
In the formation of legislation In such areas as public
Finance. development. and housing policy taxation. He
represents public clients at the Minnesota legislature and
assists in development programs, plans and negotiations
with state and regional agencies. He also represents the
Minnesota Chapter of the National Association of
Housing and Redevelopment Ofticlals (NAHRO) and the
Minnesota Association of local Housing Finance
Agencies.
Prior to his work with Publicorp. Gene was with the City
of St. Paul from 1971 to 1978 and was Hennepin
County's governmental tela;ions officer from 1978 to
1985.
Gene is a graduate of St. John's University with a B.A. in
History. He received his M.A. in Public Affairs from the
Hubert IJJ4tqphrey Institute, University of Minnesota.
Ruff
rk Ruff structured the sale and refinancing of
numerous multi -family housing developments and is
familiar with local, nate and federal programs targeted for
new construction and rehabilitation. His areas of
expertise include housing finance, property taxation
policy, cost/benefit analyses, and the Impact of
environmental concerns upon development.
Mark has spoken at seminars including the Minnesota
Department of Trade and Economic Development Star
Program Conference and the annual conferences National
Association of Housing and Redevelopment Officials -
Minnesota Chapter - on environmental Issues, tax
Increment financing, and housing finance. He Is a
member of the Economic Development Association of
Minnesota and the Minnesota Govemment Finance
Officers Association. Prior to Jolting Publicorp, Mark
worked with the United Slates Environmental Protection
Agency In Its Office of Federal Activities and has served as
a staff person In the frame office of Congressman Byron L
Dorgan of North Dakota.
Mark graduated Summa cum laude from Concordia
College, Moorhead, Minnesota. lie received his M.A. in
Public Affaiu from the Hubert 11. Humphrey Institute,
University of Minnesota.