Loading...
City Council Agenda Packet 01-12-1981AGENDA REGULAR MEETING - MONTICELLO CITY COUNCIL January 12, 1981 - 7:30 P.M. Mayor: Arve Grimsmo Council Members: Dan Blonigen, Fran Fair, Ken Maus, Philip White. Meeting to be taped. Invocation by Reverend Steve Hammer Citizens Comments - 1. Consideration of the Award of the Sale of $160,000 General Obligation Improvement Bonds of 1981 and $255,000 in General Obligation Bonds of 1981 for Library. 2. Consideration of Resolution Ordering Feasibility Report on Improvements to The Meadows Subdivision Plat. 3. Considerationof the Extension of a Variance to Allow the Display of Pennants - Rolling Wheels, Inc. 4. Consideration of Appointment of Committee Members and Various City Functinna and Duties. 5. Consideration of Approval of Plans and Specifications and Advertising for Bids for the Demolition of the Oakwood Building. 6. Consideration of Renewing Contract with YMCA for Detached Worker. 7. Department Head Quarterly Meeting. 8. Approval of Bills - Last Half of December 1980. 9. Approval of Minutes - December 2nd and 6th, 1980 Special Meetings, and Regular Meeting of December 8, 1980. Unfinished Business - New Business - Is Council - 1/12/81 AGENDA SUPPLEMENT 1. Consideration of the Award of the Sale of $160,000 General Obligation improve- ment Bonds of 1981 and $255.000 in General Obligation Bonds of 1981 for Library. PURPOSE: Bids are to be received Monday night for the sale of bonds to finance the 1980-1 and 1980-2 Improvement Projects, which served Macarlund Plaza and Prairie Road. Additionally, there will be a sale of general obligation bonds to finance the new library. King Forness, from Springsted, Inc., will be at Monday night's meeting to open the bids and give his recommendation on the awarding of the sale of these bonds. In the recommendations of the report previously handed out at the December 8, 1980 meeting, Springsted, Inc. had estimated that the interest rate on these two bonds in the area of 8.4%, but since that time, the bond buyers index has increased, and it is quite likely that the interest rate will be higher than this. POSSIBLE ACTION: Separate motions would be in order to approve the awarding of the sale of the $160,000 General Obligation Improvement Bonds of 1981 and the $255,000 in General Obligation Bonds of 1981. Council Agenda - 1/12/81 2. Consideration of Resolution Ordering Feasibility Report on Improvements to The Meadows Subdivision Plat. PURPOSE: To consider a petition filed by Mel Wolters to have sewer, water, street, curb 6 gutter, and storm sewer improvements to Lots 10 thru 14, of Block 1, Lots 11 thru 15 of Block 4, and Lots 1 d 2 of Block 5, all in The Meadows Subdivision Plat. For your reference, there is enclosed a portion of the subdivision plat which would contain the area of the improvements requested. You will note that requests for improvement depicted on the grading plan shown terminates at the point where the drainage is proposed to go in a northwesterly fashion, as opposed to southeasterly fashion. According to Mr. Wolters, the reason for this is he is concerned about the installation of the manholes that are indicated on the enclosed map. John Badalich will be working these up separately. Mr. Wolters has indicated that if the cost is in line, he may consider petitioning for this to be included in the project at a later date. It should be noted that some of the lots and block numbers have been changed from the preliminary plat to the final plat, and this is the reason for the difference from the amp and description stated above. POSSIBLE ACTION: Consideration of the Adoption of a Resolution ordering our engineer, John Badalich, to prepare a feasibility report on this pro- posed project. REFERENCES: Copy of the grading plan, which includes the area of improve- ments, along with a copy of the proposed resolution. - 2 - C Council Agenda - 1/12/81 3. Consideration of the extension of a Variance to Allow the Display of Pennants - Rolling Wheels, Inc. PURPOSE: Consider the variance extension request by Jim Teslow, of Rolling Wheels, Inc., for an additional two years to allow him to display pennants which are in fact of a spinner type at his business northeast of the inter- section of Broadway and Linn Streets in Monticello. It should be pointed out that Mr. Teslow did indicate that he would not be asking for another variance extension if this were granted, and the primary reason he would like to have the variance considered is due to the fact that the pennants are still in fairly good shape. Furthermore , it should be pointed out that Monticello Ford, Inc. had flown pennants under a similar variance until December of 1980, at which time they converted to the American Flag. 1 feel that the variance extension is reasonable in light of the fact that Mr. Tcslow has indicated he would not be asking for any further extensions. POSSIBLE ACTION: Consideration of the Extension of a Variance to allow the display of pennants for Rolling Wheels, Inc. for an additional two years. Ciil� Council Agenda - 1/12/81 I_ 4, Consideration of Appointment of Committee Members and Various City Functions and Duties. PURPOSE: To make annual appointments to committees and appoint the assignment of various city functions and duties. Except in the case of the Housing and Redevelopment Authority and the Library Construction Project, all appointments are on an annual basis. State Statutes require membership to the H.R.A. Committee to be on a rotating five-year basis, and as you can see by the enclosed current list of the City of Monticello commissions along With various other appointments necessary to be made at the first meeting of the year, Vic Vokaty's term is up January 1, 1981. In the case of the Library Construc- tion Committee, this Committee is considered an ad hoc, or temporary committee, whose term basically ceases with its function, which is the recommendation of design, site layout and space need requirements for a library. Prior to the opening of the new library, the City Council should appoint a library board in accordance with State Statutes. Except for the Housing and Redevelopment Authority appointment, which is made by the Mayor with the Council's approval, all committee appointments are made by the City Council on a majority vote. it may be the easiest to go over the entire list of committees, duties, functions, etc., and obtain a consensus, then call for a vote on the entire list as amended, rather than call for a motion on each individual committee function, duty, etc. The committees themselves appoint the individual chairperson of the committee. POSSIBLE ACTION: Consideration of appointment of City of Monticello committees, individual committee members, city official function and duties. REFERENCES; Seo enclosed list. DI L - 4 - Council Agenda - 1/12/81 5. Consideration of Approval of Plansand Specifications and Advertising for Bids for the Demolition of the Oakvood Building. PURPOSE: To consider approval of plans and specifications and advertisement for bids for the removal of the Oakwood School building. John Simola, Public Works Director, leas prepared plans and specifications for this project, and these have been reviewed by both the City Administrator and John Badolich. These plans and specifications contain approximately 60 pages and are available for review at the Monticello City Hall. According to the plans and specifications, bids would be returnable February 9, 1981, at 2:00 P.M., and approved at the Council meeting that same evening. In the plans and specifications it is indicated that notifica- tion for removal will come from the City between March 15 and April 1, 1981, and that the building itself must be removed and the site cleared Within 60 days after notification. Currently, attempts have been made to try to locate a disposal site, and two local contractors, Veit Construction Company and Brenteson Construction Company, have appropriate sites for the disposal of the materials. Both of these contractors have indicated that they are interested in the project. ifneither one of these contract ore is successful bidder, there remains the possibility that the ultimate contract or could work with either one of the two parties indicated to use the it site as the disposal site, but at a fee. As a result, attempts are still being made to find another appropriate disposal site that is not necessarily tied into a contractor. One of the problems being encountered is ti -int if the site is not in the City Limits, there becomes a problem with land use. One additional private disposal site that could be used would be the Yonak landfill in Maple Lake, but of course, this would be a cost that would be incurred by the contractor on the project. According to one contractor, the estimated cost of this project would be approximately $40,000; however, if the City does not find its own disposal site for the use of the contractor, this could be increased substantially. According to the plane and specifications, the contractor will retain all salvage rights to the materials. Currently, we are trying to salvage any- thing prior to letting this out on bids that could be used internally by the various city departments such as the public works, fire department, senior citizen center. A use has already been made of the carpeting, ceiling tiles, and other materials, by the City. Anything that cannot be used by the City departments themselves could be put on an auction which the School District will have on some of their own items such as desks, furniture and fi►tures, etc. 1 have sent a proposal to the St. Clo,-d CETA office to obtain three people at no cost to the City of Monticello to help in salvaging some of these items. if this proposal goes through, these people could salvage someof the items and put these on the auction with the School District. However, if this proposal does not go through, any attempt at salvaging items will MINC ri Council Agenda - 1(12(81 be minimal since the cost incurred by the City will be greater than the profit realized. With the City now owning the Dowling house which eventually will be removed to make way for the Library parking lot, there would be the possibility of including this item with the bids for the Oakwood School building. However, there is the possibility that someone may be interested in moving the home itself to another lot, provided that a variance was granted by the Council since the building itself is older than 10 years old, and the building was brought up to code. While this appears unlikely, it may be well to adver— tise this on a separate basis and see what interest there may be either for the removal or demolition of this facility. If the Council is not receptive to granting a variance if it is moved within the City Limits, or there is 1 no interest in moving the facility, the successful bidder on the Oakwood �r School building could still submit a quote for the demolition of this Y J(A facility also. Similar to the Oakwood School Building, the City could 1L F salvage any items that they could use internally prior to demolition. POSSIBLE ACTION: Consideration orova of plans and specifications if and advertisement for bids for the demo ttion of the Oakwood Building. Additionally, it would be well to receive an indication from the Council if they would be receptive to granting a variance on moving of the Dowling home within the City Limits if someone should be interested in such a project. REFERENCES: The plans and specifications on the demolition of the Oakwod Building are available at the Monticello City Hall. rk- - 6 - Council Agenda - 1/12/81 Z-6. Consideration of Renewing Contract with YMCA for Detached Worker. 10 PURPOSE: The City's current contract with the YMCA for a detached worker expired December 31, 1980. This contract should be considered for renewal on a 12 -month basis for 1981. Since this is a quarterly meeting of the department heads, Mike Melstad, the assigned detached worker to the Monticello area, will be at Monday night's meeting. In the budget for 1981, a projected 13% increase was used, arriving at an annual figure of $2,825, or approximately $235 per month. For your information, 1 have supplied a copy of the City's contract for 1980. POSSIBLE ACTION: Consideration of 1981 contract for YMCA detached worker. REFERENCES: Copy of 1980 contract. - 7 t Council Agenda - 1/12/81 7. Department Head Quarterly Meeting. PURPOSE: Being the first meeting of the first quarter of 1981, on Monday night's agenda will be the Department Head Quarterly Meeting. The following Department Heads will be at Monday night's meeting: Fire Chief - Paul Klein Wright County Sheriff's Representative - Buddy Gay and/or Don Hozempa Senior Citizens Director - Karen Hanson YMCA Detached Worker - Mike Melstad Public Works Director - John Simola Building Inspector/Civil Defense Dir. - Loren Klein City Administrator - Gary Wieber Among the possible items to be discussed will be the Civil Defense Emergency Drill of January 7, 1981. - 8 - OFFICIAL STATEMENT Bating: An application has been made to NEW ISSUES Moody's Investors Service, Inc. Ln the opinion of Bond Counsel, the Bonds are exempt from taxation by the State of Minnesota and its subdivisions and municipalities and the interest to be paid on said Bonds is not includable in the gross income of the recipient for United States or State of Alinnesoto income tax purposes (other than Minnesota corporate franchise and bank excise taxes measured by net income) according to present federal and Minnesota laws, regulations, rulings and decisions. CITY OF MONTICELLO, MINNESOTA $160,000 GENERAL OBLIGATION IMPROVEMENT BONDS OF 1981 The Bonds sholl mature February I as follows: 15,000 1983-1990 20,000 1991-1992 Bids shall be for not less than $156,875 and accrued interest on the total principal amount of the Bonds, and must be accompanied by a certified or cashier's check in the amount of $1,600 payable to the order of the City of Monticello. The Bonds sholl be general obligations of the City for which it sholl pledge its full faith and credit and power to levy direct general ad valorem taxes without limit as to rate or amount. In addition the City shall pledge special assessments against benefited property. $25S A00 GENERAL OBLIGATION BONDS OF 1981 The Bonds shall mature February I as follows: 20,000 1984-1985$$35,000 1991 25,000 1986.1987 $40 ,000 1992 30,000 1988-1990 Bids sholl be for not less than $250,000 and accrued interest on the total principal amount of the Bonds, and must be accompanied by a certified or cashier's check in the amount of $2,550 payable to the order of the City of Monticello. The Bonds shall be general obligotions of the City for which it shall pledge its full faith and credit and power to levy direct general ad valorem taxes without limit as to rate or amount. For Each Issue: The Bonds shall be doted February 1, 1981 and shall bear interest payable on February 1 and August 1 of each year, commencing August I, 1981. The Bonds shall not be subject to payment in advance of their respective stated maturity dates. Bidders shall specify rates in integral multiples of 5/100 or I/8 of 1%. No rate for a maturity shall exceed the rote specified for any subsequent maturity by more than 1%. Neither any individual rate nor the net effective rote for the entire Issue may exceed 12%. The Bonds are offered subject to the approving legal opinion of Briggs and Morgan Professional Association of Saint Paul and Minneapolis, Minnesota. No bid wil I be considered which is contingent upon award of both Issues. SALE DATE AND TIME: January 12, 1981 (Monday) at 7:30 P.M., Central Time The dote of this Officioi Statement is December 30, 1980. Further information may be obtained from SPRINGSTED Incorporated, Financial Advisor to the Issuer, 800 Osborn Building, Saint Paul, Minnesota 55102 612/222-4241. �- CITY COUNCIL Expiration Of Term Arve A. Grimsmo Mayor December 31, 1982 Daniel Blonigen Council Member December 31, 1964 Fran Fair Council Member December 31, 1982 Kenneth Maus Council Member December 31, 1984 Philip White Council Member December 31, 1982 -------- ------------------------------------------------------------- Gary Wieber Administrator --inted Appointed Rick Wolfsteller Administrative Assistant Appointed John Simola Public Works Director Appointed Loren Klein Building Official Appointed Mark Irmiter Liquor Store Manager Appointed City Offices: Monticello City Hall 250 East Broadway Monticello, Minnesota 55362 612/295-2711 This Official Statement was prepared an behalf of the Issuer by its Financial Advisor, SPRINGSTED Incorporated, who will be compensated for its services solely by the Issuer, which compensation is, in part, contingent upon award of the Bonds. Unless otherwise indicated, the information contained in this Official Statement was furnished by the Issuer and was the most current information available as of the date of this Official Statement. No dealer, broker, salesman or other person has been authorized by the Issuer to give any information or to make any representations with respect to the Bonds other than as contained in this Official Statement and, if given or made, such other information or representations must not be relied upon as having been authorized by the Issuer. Certain information contained herein has been obtained from sources other than records of the Issuer and is believed to be reliable, but is not guaranteed as to completeness and is not to be construed as a representation of the Issuer. The information and expressions of opinion herein are subject to change without notice and neither the delivery of this Official Statement nor any sale mode hereunder shall under any circumstances create any implication that there las been no change in the affairs of the Issuer since the date hereof. References in this Official Statement to laws, rules, regulations, resolutions, agreements, reports and other documents do not purport to be comprehensive or rkefinitive. All references to surh documents are qualified in their entirety by reference to the particular document, the full text of which may contain qualifications of and exceptions to statements made herein. Where full texts have not been included as appendices hereto, they will be furnished on request. cl OFFICIAL TERMS OF OFFERING $160,000 CITY OF MCNJTICELLO, MINNESOTA GENERAL OBLIGATION IMPROVEMENT BONDS OF 1981 Sealed bids for the Obligations shall be opened by the City Council on Monday, January 12, 1981, at 7:30 P.M., Central Time, at the City Hall. Consideration of the bids for award of the Obligations shall immediately follow the opening of bids. DETAILS OF THE OBLIGATIONS The Obligations shot! be dated February 1, 1981 and shall bear interest payable on February I and August 1 of each year, commencing August I, 1981. The Obligations shall be general obligations of the Issuer for which the Issuer shall pledge its full faith and credit and power to levy direct general ad valorem taxes. In addition the Issuer shall pledge special assessments against benefited property. The Obligations sholl be in the denomination of $5,000 in coupon form and non -registrable. The proceedssholl be used to finance the construction of various improvements in the City. The Obligations shall mature February I, in the amounts and years as follows: $15,000 1983-1990 $20,000 1991-1992 The Obligations shall not be subject to payment in advance of their respective stated maturity dates. TYPE OF BID A sealed bid for not less than $156,875 and accrued interest on the total principal amount of the Obligations shall be filed with the undersigned prior to the time set for the opening of bids. Also prior to the tune set for bid opening a certified or cashier's check in the amount of $1,600 payable to the order of the Issuer shall have been filed with the undersigned or SPRINGSTED Incorporated, the Issuer's Financial Advisor; no bid will be considered for which said check has not been filed. Said check of the Purchaser shall be retained by the Issuer as liquidated damages in the event the Purchaser fails to comply with the accepted bid. No bid shall be withdrawn after the time set for opening bids, unless the meeting of the Issuer scheduled for consideration of the bids is adjourned, recessed, or continued to another date without award of the Obligntions having been made. Rates offered by Bidders shall be in integral multiples of 5/ 100 or 1/8 of 1%. No rate for a maturity shall exceed the rate specified for any subsequent maturity by more than 1.0%. No rate nor the net effective rate for the entire Issue of the Obligotions stroll exceed 12.0`16. Obligations of the some maturity shall bear a single rote from the dote of the Obligations to the date of maturityand additional coupons shall not be used. AWARD The Ohligntions shall be awarded to the Bidder offering the lowest dollar interest cost to be- determined edetermined by the deduction of the premium, it any, from, or the addition of the discount, if any, to, the total dollar interest on the Obligations from their date to their final scheduled maturity. The Issuer's computation of the total net dollar interest cost of each bid, in accordance with customary practice, shall be controlling. d'a The Issuer shall reserve the right to: (i) waive non -substantive informalities of any bid or of matters relating to the receipt of bids and award of the Obligations, 00 reject all bids without cause, and, (iii) reject any bid which the Issuer shall determine to have failed to comply with the terms herein. PAYING AGENT The Purchaser may name the Paying Agent but shall do so within two business days after the award of the Obligations. In the event of failure by the Purchaser to name the Paying Agent within said time the Issuer shall do so. The Issuer she II pay reasonable and customary charges for the services of the Paying Agent. An alternate Paying Agent may be named by the Purchaser in the same manner as the principal Paying Agent is named, provided that there shall be no additional cost to the Issuer. CUSIP NUMBERS If the Obligations qualify for assignment of CUSIP numbers such numbers shall be printed on the Obligations, but neither the failure to print such numbers on any Obligation nor any error with respect thereto shall constitute cause for failure or refusal by the Purchaser to accept delivery of the Obligations. The CUSIP Service Bureau charge for the assignment of CUSIP identification numbers shall be paid by the Purchaser. SETTLEMENT Within 40 days following the date of their award the Obligations shall be delivered without cost to the Purchaser at a place mutually satisfactory to the Issuer and the Purchaser. Delivery shall be subject to receipt by the Purchaser of on approving legal opinion of Briggs and Morgan Professional Association of Saint Paul and Minneapol is, Minnesota, which opinion shall be printed on the Obligations, and of customary closing papers, including a no -litigation certificate. On the date of settlement payment for the Obligations shall be made in federal, or equivalent, funds which shall be received at the offices of the Issuer or its designee not later than 1:00 P.M., Central Time of the day of settlement. Except as compliance with the terms of payment for the Obligations shall have been made impossible by action of the Issuer, or its agents, the Purchaser shall be liable to the Issuer for any loss suffered by the Issuer by reason of the Purchaser's non- complionce with said terms for payment. At settlement the Purchaser shall be furnished with acertificate signed by appropriate off iters of the Issuer to the effect that the Official Statement prepared for the Obligations (lid not as of the date of the Official Statement, and does not as at the date of settlement, contain any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements therein, in light of the circurnstances under which they were made., not misleading. OFFICIAL STATEMENT Upon request to the Issuer's l-inancial Advisor prior to the bid opening underwriters may obtain a copy of the Official Statement. The Purchaser sfnl I be provided with 15 copies and may obtain additional copies at the Purchaser's cost. Any other interested party may obtain a copy, if availcble, at a price of five dollars. Doled December 8, 1980 BY OIROEH OF THE CITY COUNCIL /s/ Gary Wicher Adrninistrntor SCHEDULE OF BOND YEARS $160,000 CITY OF MONTICELLO, MINNESOTA GENERAL OBLIGATION IMPROVEMENT BONDS OF 1981 CUMULATIVE YEAR PRINCIPAL BOND YEARS BOND YEARS 1983 $15,000 30 30 1984 $15,000 45 75 1985 $15,000 60 135 1986 $15,000 75 210 1987 $15,000 90 300 1988 $15,000 105 405 1989 $15,000 120 525 1990 $15,000 135 660 1991 $20,000 200 860 1992 $20,000 220 1,080 Average Maturity: 6.75 Years Bonds Dated: February 1, 1981 interest Due; August 1, 1981 and each February I and August I to maturity. Principal Due: February 1, 1983-1992 inclusive. Redemption: None. -4- OFFICIAL TERMS OF OFFERING � S2ss,000 CITY OF MOPRICELLO, MINNESOTA GENERAL OBLIGATION BONDS OF 1981 Sealed bids for the Gbligations shall be opened by the City Council on Monday, January 12, 1981, at 7:30 P.M., Central Time, at the City Holl. Consideration of the bids for award of the Obligations shall immediately follow the opening of bids. DETAILS OF THE OBLIGATIONS The Obligations shall be dated February I, 1981 and shall bear interest payable on February I and August I of each year, commencing August I, 1981. The Obligations shall be general obligations of the Issuer for which the Issuer sholl pledge its full faith and credit and power to levy direct general ad valorem taxes. The Obligations shall be in the denomination of $5,000 in coupon form and non -registrable. The proceeds shall be used to provide funds for the construction of a library facility. The Obligations shall mature February I, in the amounts and years as follows: $20,000 1984-1985$ 35,000 1991 $$25,000 1986-1987 $40,000 1992 30,000 1988-1990 The Obligations shall not be subject to payment in advance of their respective stated maturity f dates. TYPE OF BID A scaled bid for not less than $250,000 and accrued interest on the total principal amount of the Obligations shall be filed with the undersigned prior to the time set for the opening of bids. Also prior to the time set for bid opening a certified or cashier's check in the amount of $2,550 payable to the order of the Issuer shall have been filed with the undersigned or SPRINGSTED Incorporated, the Issuer's Financial Advisor; no bid will be considered for which said check has not been filed. Said check of the Purchaser shall be retained by the Issuer as liquidated damages in the event the Purchaser fails to comply with the accepted bid. No bid shall be withdrawn after the time set for opening bids, unless the meeting of the Issuer scheduled for consideration of the bids is adjourned, recessed, or continued to another date without award of the Obligations having been made. Rates offered by0idderssholl be in integral mul tiples of 5/100 or 1/8 of 1%. No rate for a maturity shall exceed the rate specified for any subsequent maturity by more than 1%. No rate nor the net effective rate for the entire Issue of the Obligations shall exceed 12.0'%,. Obligations of the same maturity shall bear a single rate from the date of the Obligations to the date of maturity and additional coupons shall not be used. AWARD The Obligations shall be awarded to ;hF- Bidder ifferin.1 the lowest collar interest cost to be determined by the deduction of the premium, if any, frorn, or the addition of Ihu discuunt, if any, to, the total dollar interest on the Obligations from their date to their final scheduled maturity. The Issuer's computation of the total net dollar interest cost of each bid, in accordance with customary practice, shall be controlling. -5- The Issuer shall reserve the right to: (i) waive non -substantive informalities of any bid or of matters relating to the receipt of bids and award of the Obligations, (ii) reject all bids without cause, and, (iii) reject any bid which the Issuer shall determine to have failed to comply with the terms herein. PAYING AGENT The Purchaser may name the Paying Agent but shall do so within two business days after the award of the Obligations. In the event of failure by the Purchaser to name the Paying Agent within said time the Issuer shall do so. The Issuer shall pay reasonable and customary charges for the servicesof the Paying Agent. An alternate Paying Agent may be named by the Purchaser in the same manner as the principal Paying Agent is named, provided that there shall be no additional cost to the Issuer. CUSIP NUMBERS If the Obligations qualify for assignment of CUSIP numbers such numbers shall be printed on the Obligations, but neither the failure to p. int such numbers on any Obligation nor any error with respect thereto shall constitute cause for failure or refusal by the Purchaser to accept delivery of the Obligations. The CUSIP ServieeBureou charge for the assignment of CUSIP identification numbers shall be paid by the Purchaser. SETTLEMENT Within 40 days following the date of their award the Obligations shall be delivered without cost to the Purchaser at a place mutually satisfactory to the Issuer and the Purchaser. Delivery shall be subject to receipt by the Purchaser of an approving legal opinion of Briggs and Morgan Professional Association of Saint Paul and Minneapolis, Minnesota, which opinion shall be printed an the Obligations, and of customary closing papers, including ano-litigation certificate. On the date of settlement payment for the Obligations shall be made in federal, ur equivalent, funds which shall be received at the offices of the Issuer or its designee not later than 1:00 P.M., Central Time of the day of settlement. Except as compliance with the terms of payment for the Obligations shall have been made impossible, by action of the Issuer, or its agents, the Purchaser shall be liable to the Issuer for any loss suffered by the Issuer by reason of the Purchaser's non- compliance with said terms for payrnent. At settlement the Purchaser shall be furnished with a certificate signed by appropriate officers of the Issuer to the effect that the Official Statement prepared for the Obligations did not as of the date of the Official Statement, and does not as of the date of settlement, contain any untrue statement of a material fact or omit to state a material fact necessary In order to make the statements therein, in light of the circumstaneesunder which they were made, not misleading. OFFICIAL STATEMENT Upon request to the Issuer's Finonc iol Advisor prior to the bid opening underwriters may obtain a copy of the Official Statement. The Purchaser shall be provided with 15 copies and may obtain additional copies at the Purchaser's cost. Any other interested party may obtain a cupy, if available, at a price of fiw. dollars. Doted December 8, 1980 BY ORDER OF THE CITY COUNCIL /s/ Gary Wleber Administrator .6- Cil SCHEDULE OF BOND YEARS $255,000 CITY OF MONTICELLO, MINNESOTA GENERAL OBLIGATION BONDS OF 1981 CUMULATIVE YEAR PRINCIPAL BOND YEARS BOND YEARS 1984 $20,000 60 60 1985 $20,000 80 140 1986 $25,000 125 265 1987 $25,000 150 415 1988 $30,000 210 625 1989 $30,000 240 865 1190 $30,000 270 1, 135 1991 $35,000 350 1,485 1992 $40,000 440 1,925 12 Average Maturity: 7.55 Years Bonds Dated: February 1, 1981 Interest Due: August 1, 1981 and each February I and August 1 to maturity. Principal Due: February I, 1984-1992 Inclusive. Redemption: None. _7. PURPOSE AND FINANCING $160,000 General Obligation Improvement Bonds of 1981: These Bonds are being issued pursuant to Chapters 429 and 475, Minnesota Statutes for the purpose of financing the City's 1980 improvement projects. Construction is underway and is expected to be completed by January of 1981. The amount of the Issue is made up of the following components: Construction Costs $119,167.50 Contingencies, Fees & Issuance Costs 24,747.50 Capitalized Interest(thru 2-1-82) 12,960.00 Allowance for Discount Bidding 3,125.00 Bond Issue $160,000.00 The Bonds will be general obligations of the City for which it will pledge its full faith and credit and power to levy general ad valorem taxes without limit as to rate or amount. In addition, the City expects to specially assess $154,715 against benefited property. Assessment rolls are anticipated to be filed in 1981 for first collection in 1982 and spread over a ten-year period at an interest rate of approximately 1.50% higher than the net interest rote received on the Bonds. $255x000 General Obligation Bonds of 1981: These Bonds are being issued pursuant to Chapter 475, Minnesota Statutes. City voters authorized the Bonds on November 4, 1980 by a vote of 749 (yes) to 582 (no). This authorization allows the City to borrow $250,000 to partially finance the construction of a new library building. As permitted by law, $5,000 or 2% of the authorization has been added as an allowance for discount bidding. The total estimated cost of the library project is expected to be $500,000; the balance of the funding will come from excess funds accumulated in the City's Liquor Fund and other available City monies. Construction bids have not been sought as yet. The contribution of the Liquor Fund will not impair the revenue and reserve requirement specified in the covenants of the $200,000 Liquor Store Revenue Bonds of 1976. The Bonds will be general obligations of the City for which its full faith and credit and power to levy general ad valorem taxes will be pledged. The first tax levy for debt service will be spread in 1981 for collection In 1982. Based on the 1979 taxable assessed value, the average annual levy for the Issue is estimated to be 1.06 mills, including the mandatory 5%overlevy. FUTURE FINANCING The City has no further borrowing plans for at least the next six months. RATING An application for a rating of these Issues has been made to Moody's Investors Service, Inc. ("Moody's"), 99 Church Street, New fork, New York. If a rating is assigned, it will reflect only the opinion of Moody's. Any explanation of the significance of the rating may be obtained only from Moody's. There is no assurance that a rating, if assigned, will continue for any given period of time, or that such rating will not be revised or withdrawn, if in the judgement of Moody's, circumstances so warrant. A revision or withdrawal of the rating may have an adverse effect on the market price of the Bonds. LITIGATION AND DEFAULT The City is not aware of any threatened or pending litigation affecting the validity of these Bonds or the City's ability to meet its financial obligations. Monticello has never defaulted in its debt service payments. PENSIONS Employees of the City are covered by the Public Employees Retirement Ass-ociation (PERA). Since PERA, is managed by the Stoic of Minncsotc, the City has no responsibility for its administration. SUMMARY OF MINNESOTA REAL PROPERTY VALUATION, TAX LEVIES AND CREDITS AND LEVY LIMITS APPLICABLE TO THE CITY Valuations (Chapter 273, Minnesoto Statutes) All real property subject to taxation is required to be listed, and at least one-fourth of file parcels listed shall be appraised each year with reference to their value on January 2 preceding the assessment so that each parcel slwll be reappraised at rnaximum intervals of four years. All real property ber_orning taxable in any year is listed with reference to its value on January 2 of that year. With some exceptions, all property is valued at its "Market Value." In estirnoting and determining such value, the assessor is directed by statute to value each property by itself at such term or price as he believes the same to be fairly worth in money. Nowevgr, in fill - years 1975 through 1978 the Market Value used for tax imirposes in most cases was 10 less than the amount determined by the assessor to be the worth of the property; this was because the increase, of value, if any, pennilted to be included in the Market Volue for tax purposes was limited to tcn percent of the then current 9- Market Value of the property, or one-fourth of the total amount of value increase, whichever was greater. The resulting valuation of the property was referred to as "Limited Market Value." The remaining difference between the Market Value and the Limited Market Value was added to the Market Value of the property in the next succeeding year if the increase was not more than 20 percent. If the increase was more than 20 percent but no more than 40 percent then ten percent was added each subsequent year until the remaining amount to be added was less than ten percent, in which case the amount remaining was added in the next subsequent year. If the increase was more than 40 percent it was added equally in the three subsequent years. In 1979 legislation was enacted which provides that: "For assessments of property for the purpose of determining taxes to be levied in 1979, payable in 1980, the assessor, after determining the value of any property, shall compare the value with that determined in the preceding assessment... The amount of the increase entered in the current assessment will not exceed ten percent of the value in the preceding assessment or one-half of the total amount of the increase in valuation whichever is greater; the excess, together with any increase in value which has occurred since the previous assessment shall be added to the market value of the property which shall be used for the purpose of determining taxes to be levied in 1980, payable in 1981. In all subsequent assessments all real property shat I be assessed at its full market value." ("Assessed;' i.e. "Taxable" values shown in this Official Statement have been calculated on the basis of the Market Value of taxable property determined in accordance with the foregoing provisions for the establishment of Market Values based on the formula in effect for the particular year shown.) Because Market Value may not represent the potential selling price of property, a calculation has been made herein of what is referred to as "Indicuted Market Value," determined by division of the Market Value used for the determination of taxes to be levied in 1979, payable in 1980, by the "Sales Ratio" determined by the State Equalization Aid Review Committee ("FARC') as being the ratio of the actual likely selling price of property in a taxing unit to the Market Value used for determining foxes. Indicated Market Value thus approximates the actual market- place value of taxable property within a taxing unit, exclusive of non-taxable property such as attached machinery and equipment and mobile homes. When property is valued it must be classified as prescribed by statute. The appropriate statutory classification ratio is then applied to the Market Value of the property for tax purposes to determine the "Assessed Value" against which taxes are levied. Major property classes and their assessment ratios for taxes payable in 1980 and 1981 are as follows: (This listing does not Include all classes prescribed by statute.) -10- 4 Homestead taxes may be further reduced by adjustment for income of the taxpayer. The maximum tax credit, including the $650 homestead credit, is $650 for persons under 65 years of age and $850 for persons 65 years of age or older. In addition, a refund is allowed in an amount equal to 50% of the amount by which the tax payable exceeds the sum of other refunds and a minimum tax based on income, however, the combined total of all credits and refunds may not exceed $1,000. Taxpayers must apply to the State for all credits except the homestead credit. Mill rates are computed without regard for tax credits, thus the tax paid by an individual taxpayer may be less Ilion that indicated by a published mill rate. Per Capita Tax Levy Limits - C Nieral and Special Purposes The City of Monticello has been exempted from the per capita tax levy limit as defined in M.S.A. 275.11 by an amendment enGrted by the Minnesota Legislature, in 1978. The amendment to M.S.A. 275.1 I reads as follows: "A city which has a major electric genernIing foci lit y wiIhin its borders, which is designed for operation at a capacity of 500 rnego •.watts or mare. and is capable of producing electrical energy for the fxrrpase of transmission and distribution to a consumer, shall be exempt from the per capita levy limits set by section 275.1 I. "This ext 6 uffeclive for taxes levied in 1978 and thereafter, payable in 1979 cued thereafter." -II- Percent Of Percent Of Market Value Market Value For Tax Purposes- For Tax Purposes - Property Classification Taxes Payable 1980 Taxes Payable 1981 Agricultural Non -homestead 25% 19% Agricultural Homestead: (1) First $21 ,400 of Market Value 12% - Market Value in Excess of $21,000 25% - First $50,000 of Market Value - 14% Market Value in Excess of $50,000 - 19% Residential Homestead: (1) First $21 ,000 of Market Value 18% - Market Value in Excess of $21,000 3096 - First $25,000 of Market Value - 16% Second $25,000 of Market Value 22% Market Value in Excess of $50,000 - 28% Residentiol Real Estate - 4 or More Units 40% 38% Residential Real Estate - 3 or Less Units 32% 28% All other Real Property (Including Commercial, Industrial, and Public Utility) 43% 43% Vacant Land 40 c 40% (1) The homestead base for both agricultural and residential property was increased for taxes payable in 1981. Tax Credits (Chapter 273, Minnesota Statutes) For taxes payable in 1981 , the total tax on homestead property is reduced 58%, or $650, whichever is the lesser amount. The reduction is credited directly to the taxpayer and the State reirnburses the taxing unit for the amount of the credit, payable in two equal installments due July 15 and November 15. Homestead taxes may be further reduced by adjustment for income of the taxpayer. The maximum tax credit, including the $650 homestead credit, is $650 for persons under 65 years of age and $850 for persons 65 years of age or older. In addition, a refund is allowed in an amount equal to 50% of the amount by which the tax payable exceeds the sum of other refunds and a minimum tax based on income, however, the combined total of all credits and refunds may not exceed $1,000. Taxpayers must apply to the State for all credits except the homestead credit. Mill rates are computed without regard for tax credits, thus the tax paid by an individual taxpayer may be less Ilion that indicated by a published mill rate. Per Capita Tax Levy Limits - C Nieral and Special Purposes The City of Monticello has been exempted from the per capita tax levy limit as defined in M.S.A. 275.11 by an amendment enGrted by the Minnesota Legislature, in 1978. The amendment to M.S.A. 275.1 I reads as follows: "A city which has a major electric genernIing foci lit y wiIhin its borders, which is designed for operation at a capacity of 500 rnego •.watts or mare. and is capable of producing electrical energy for the fxrrpase of transmission and distribution to a consumer, shall be exempt from the per capita levy limits set by section 275.1 I. "This ext 6 uffeclive for taxes levied in 1978 and thereafter, payable in 1979 cued thereafter." -II- Tax Levies for General Obligation Bands (Section 475.61, Minnesota Statutes) The governing body of any municipality issuing general obligations shall, prior to delivery of the obligations levy by resolution o direct general ad valorem tax upon all taxable property in the municipality to be spread upon the tax rolls for each year of the term of the obligations. The tax levies for all years shall be specified and such that if collected in full they, together with estimated collections of special assessments and other revenues pledged for the payment of said obligations, will produce at least five percent in excess of the a:rwunt needed to meet when due the principal and interest payments on the obligations. Such resolution shall irrevocably appropriate the taxes so levied and any special assessments or other revenues so pledged to the municipality's debt service fund or a special debt service find or account created for the payment of one or more issues of obligations. The governing body may, in its discretion, of any time after the obligations have been authorized, adopt a resolution levying only a portion of such taxes, to be filed, assessed, extended, collected, and remitted as hereinafter provided, and the amount or amounts therein levied shall be credited against the tax required to be levied prior to delivery of the obligations. The recording officer of the municipality shall file in the office of the county auditor of each county in which any part of the municipality is located a certified copy of the resolution, together with full information regarding the obligations for which the tax is levied. No further action by the municipality is required to authorize the extension, assessment and collection of the tax, but the municipality's liability on the obligations is not limited thereto and its governing body shall levy and cause to be extended, assessed and collected gny additional taxes found necessary for full payment of the principal and interest. The auditor shall annually assess and extend upon the tax rolls the amount specified for such year in the resolution, unless the amount has been reduced as authorized below or, if the mun;cipality is located in more than one county, the portion thereof which bears the some ratio to the whole amount as the assessed value of taxable property in that part of the municipality located in his county bears to the assessed value of ail taxable property in the municipality. Tax levies so made and filed shall be irrevocable, except that if the governing body in any year makes an irrevocable appropriation to the debt service fund of moneys actually an hand or if there is on hand any excess amount in the debt service fund, the recording officer may certify to the county auditor the fact and amount thereof and the auditor shall reduce by the amount so certified the amount otherwise to be included in the rolls next thereafter prepared. All such taxes shall be collected and remitted to the municipality by the county treasurer as other taxes are collected and remitted, and shall be used only for payment of the obligations on account of which levied or to repay advances from other funds used for such payments. -12- 0 _0 0 1979 INDICATED MARKET VALUE OF TAXABLE PROPERTY 5128,909,872* • Calculated by dividing the County Assessor's limited market value of $116,405,614 by the EA RC's 1979 sales ratio of 90.3% for the City. 1979 TAXABLE ASSESSED VALUE $40,194,379 Real Estate: Taxable Marked Value Residential Homestead $ 4,041,717 10.1% Non -Residential Homestead 1 , 186,106 3.0% Agricultural 145,787 0.3% Commercial/Industrial 39390,51 1 8.4% Public Utility 30,709,234 76.4% Personal Property 721,024 1.8% $40,194,379 100.0% Note: The estimated 1980 taxable assessed value of the City is $41,883,008 TREND OF VALUES Limited Taxable Marked Value Assessed Value 1979 $116,405,614 $40,194,379 1978 $109,136,74237 $, 349 , 711 1977 111,279,977 539,909,212 1976 112,312,644 40,353,212 1975 $114,168,779 140 , 502, 196 ,VOTE: The growth in the City's tax case is somewhat offset by the mandatory adjustments for depreciated value of Northern States Power Company's Monticello nuclear power plant. TEN OF THE LARGEST TAXPAYERS IN THE CITY Taxpayer Northern States Power Company Rosewood Corporation Individuals Joyner Recreation Cedar Crest Aportments WrightCo Products Individual Delrey Monticello United Power Association Monticello Ford Type, of Business Utility Shopping Center (lest Western Motel Bowling Alley Apartments Egg Processing Apartments Perkins Restaurant Utility Car Dealership -13- 1979 Taxable Assessed Value $30,758,903 401 , 826 270,375 140,793 129.518 94,473 94.072 85,662 75,633 70.109 $32,121 .364 (80% Of total assessed value) GENERAL OBLIGATION BONDED CWBT Principal Date Original Final Outstanding of Issue Amount Purpose Maturity As of 1 1-2-80 1960 77,000 Street and Sewer 6-1-82 $ 10,000 1960 478,000 Local Improvements 10-1-90 225,000 11-1-11 135,000 G.O. Water Revenue 2-1-87 95,000 II -I-71 110,000 Local Improvements 2-1.88 60,000 9-I-73 83,000 Local Improvements 9-1-88 55,000 6-1-74 162,000 Parking Facility 6-1-89 115,000(2) 8- i -75 175,000 Local Improvements 2-1-92 665,000 8-1-75 130,000 Building 2-1-85 85,000(2) 8-I-76 1 ,300,000 Local Improvements 2-1-93 1,155,000 11-i-77 3,470,000 Local Improvements 2-1-99 3,240,000 II -1-78 1 ,475,000 Local Improvements 2-1-88 1,475,000 9-1-79 1,170,000 Local Improvements 2-1-91 1,170,000 2-1-81 160,000 Local lmprovements(I) 2-1-92 160,000 2-I-81 255,000 Library(I) 2-1-92 255,000(2) $8,765,000 (1) These ISsttes are being offered for sale In this Official Statement. (2) Supported solely by taxes. REVENUE BONDED DEBT The City has outstanding $140,000 of liquor store revenue bands which have a final maturity of February I, 1986. ANNUAL PRINCIPAL PAYMENTS Including These Issues General Obligation Revenue Debt Debt 1981 $ 565,000 5 15,000 1982 680,000 20,000 1983 690,000 20,000 1984 730,000 20,000 1985 740,000 20,000 1986 760,000 45,000 1987 770,000 1988 775,000 1989 595,000 1990 590,000 1991 595,000 1992 515,000 1993 385,000 1994 65,000 1995 6S,000 1996 65,000 1997 60,001) 1998 60,000 1999 60.E $8,765,000(1) $140,000 (t) 78.7% of thisdobt will bo retired within ten )Tars. • 14- SUMMARY OF DIRECT DEBT Including These Issues Less: Sinking Funds Net Gross Debt and Reserves ( I) Direct Debt General Obligation Debt $8,765,000 $743,830021 ,170 Revenue Bonded Debt $ 140,000 $ 27,000 113,000 (1) Sinking funds and reserves are as of October 31, 1980 and include money to pay both principal and interest. DEBT RATIOS Net Direct General Obliaat ion Debt To 1979 Indicated Market Value 6.22% Per Capita - Residential Share (1) $261.76 (1) Calculated by rnultiplying the net direct general obligation debt by 10.1%, which is the residential portion of the 1979 taxable assessed value, and dividing the product by 3,095, the preliminary 1980 U.S. Census population. INDIRECT DEBT Percent Taxable G.O. Debt Applicable Amount Applicable Taxing 1979 Unit Assessed Value As of 12-31-80 To City( I) To City Wright County $224,640,005 None Debt ISD 882 (Monticello) $ 53,812,317 $5,905,000 74.7% $4,411,035 Monticello -Big Lake 1978/79 HospitalDistrict(2) $ 82,282,304 $1,130,000 48.9% $ 552,570 (1) Percentages represent the ratio of the City's taxable assessed value to the total taxable assessed value of the taxing unit shown. 25.01 1 -0- (2) The hospital district will be issuing approximately $400,000 of gross revenue bonds In early 1981 for the expansion of ancillary services. 21.778 MILL RATES -IS- 1979/80 Debt 1976/77 1977/78 1978/79 Total Service Wright County 22.530 22.971 22.760 25.01 1 -0- City of Monticello 14.777 21.778 22.971 22.327 10.683 ISD 882 (Non -Ag) 51.497 51.259 52.651 45.493 13.536 Monticello -Big Lake Hosp. 2.521 3.257 1.914 3.263 0.225 Total 91.325 99.265 100.296 96.094 24.444 levies NOTE: The foregoing mill rates are computed on the basis of total and tuiuble assassad valuas, arsd do not reflect any reduction for prnlierry rn.r credits. -IS- TAX COLLECTIONS FOR THE CITY Collected During Collected Collection Year As Of 6-1-80 Levy/Collect Amount Of Levy Amount Percent Amount Percent 1979/8097,420 191,271 (IN PROCESS OF COLLECTION) 113,011 19781797, 9,143 �5196,299 $824,337 $828,102 96.1% 95.3% $ 824,928 $$ 868,453 9b.2% 99.9% 1977/78 1976/77 (182) $966 580,348 97.3% 596,083 99.9% 1979/80 State -paid homestead credit: $43,989.40 or 4.9% of total levy. FUNDS ON HAND As Of 10-31-80 NOTE: This does not include the second -half tax settlement. Subsequent to October 31, the City transferred $100,000 from the hfunicipat Liquor Fund to the General Fund to reimburse that fund for expenses rotated to the new City library. ANNUAL FINANCIAL STATEMENTS The City is audited annually by an Independent certified public accounting firm, from whose reports the data on the following pages has been extracted. The modified accrual basis of accounting is used. The reader should be aware that the complete audits may contain additional information relating to the dote presented Dere, which may interpret, explain or modify it. Copies of the complete audits are available upon request. -16- Cash and Investments General Fund $ ( 144,760) Special Revenue Funds 148,863 Federal Revenue Sharing Fund 191,271 Enterprise Funds: Sewer 113,011 Water 37,125 Municipal Liquor 270,226 Construction Funds: 1978-2 Construction (182) Library Construction (9,372) Debt Redemption Funds 743,830 Special Assessment Funds 261,522 Total $1.611,534 NOTE: This does not include the second -half tax settlement. Subsequent to October 31, the City transferred $100,000 from the hfunicipat Liquor Fund to the General Fund to reimburse that fund for expenses rotated to the new City library. ANNUAL FINANCIAL STATEMENTS The City is audited annually by an Independent certified public accounting firm, from whose reports the data on the following pages has been extracted. The modified accrual basis of accounting is used. The reader should be aware that the complete audits may contain additional information relating to the dote presented Dere, which may interpret, explain or modify it. Copies of the complete audits are available upon request. -16- 16 a; raw IM .. uv .......... IffCT) Ga C.ve W _ rrat r.t..1 el.a. a• . arr.�..aaa..a V r.r rr.M H Iw•r. A.s... ..a.. /n/11e tgh..tw,.. � y1 n .1 b)1•'lo rnb�.. of fr. 1 .�. t• . wIM IOr ..t.r�r 1r eWa u.mmn r.Ia r..lA.. •.�eq..It. L..I uanuo. e`•I.•A•r1r.1 fw.1 rlaa. en1•ti .ra.. A. DILL aIn1ISl ltp •rm Ipo.n nCCT0.1 GrW.3 _ _ Sl.a 1.1 0.N r•r 1.1 II .e ' - ... C.wtnl I..a�a Ir1.Al1= Croat __ _ � �1•_ S.•_!_ ____ 0..__ _ IOIaI __ 1 i/.Ilp 1 11r,M) I rr),111 1 ,111 Ir, nl.elr I 111.5.1 1 1)11 Il. nnf n.) ]-lrl r.Jf, r. fol n• n. au n.nl i.Ito 1.1" t,n1 i�aei l.enr.l•1 I n n,wn 1.f.+ e.r n,y),In I,vw,n1 I s.w rf.•rn I lr..vr t.,.)f 11,105 •. re! .1!• .eb ).1I1 5.)11 m r,5o1 I ).ern r m.fos nal 1.!01.!11 u,nl r n.1 e• .,oe r III.OM Iro.te Iv_I!�_� m i�t8 iTl� � .e.l:e i., n..ow i ro len Ir,)i5,r•n i .-'li, In,Pe 0.1% )P.AI I,yLIIJ 1. Pn l,e U,Ifi 1 1)Ae0 e.lro!11 1 Ir) II J�y1 1I II,OIf,00r I O,�ll IT, )i l�!)f II, IfIy�f I Ji__Oe0 �.� nO1 �1lf�ow 1]11_1 lu lu+ 40 I", .... ..... N.600 Ia,600 Ile M.M .."M . ......... b. 116 'N': to.— LL L-.a"U LAWI= &--ALJU CITY Of sGITIM1.0 COMIIED STAtE.'LRj Of REVMLS. EXPENDITURES &1D CIIA%CES IN FU:M BALAnCE ALL GOt'ER?TENTAL TYPES For The Year Envied December 31, 1979 Special Otbi Special Revenue Revrnue ■ General Rev Redcaption Construction Aasessaent Sharing Tata) ra.es av] penat:r es Speei 1 a D,3<3 } 267,053 S 431,tt0 S 616,566 aj a AS Lie—'.. .tees. ;1,)25.940 1.):5.940 petVits tattrgave 26.ae4 28.486 rrxataI re tales 111.755 2].203 15.860 5,362 S 9t .000 267,191 Char£ea !or xtrviet aYe 23,2£6 16.7:9 39.627 FirKs 1,101 int ere at 1,915 25.5)7 55,601 S 1.706 207.502 4,td4 2$2.968 Re iebvr sraa'nU far adalni st r.ti ve costa 1).616 8,BC6 26.266 52,712 Pott Re.trse sub-dsviaian rcz lrr-_cnt 2.941 Other 4,£59 4,912 2,941 Total ae.—. f 730,315 1 368,89 ; 442.6]3 S 27,994 }3,935,104 f 95,168 S3.240.303 d:her Sovrrea tranAT— 42.94) 17,119 360 60.669 Debt rcti .- ean.ribation 1,625,616 1.825.618 fiord ProccrdA 62,2]4 1.091,479 1.113,)13 Total geee.-eye and Other Soare6s S 330.375 1 sU ,81!i 52.408,002 i 27,994 53,026,583 1 45.528 }5,300,301 £.Fendi tures CT—t s trrer:t GOvtrG'LOL } 163,432 S 163.432 Po'I ie et' Police, ci it defeat and ♦.tool eo t—I 110.)70 , 310.730 fart 1 26,309 24.304 tl.intepanee-Sainte—e Buijding 11.437 11.43] -Streets 123,736 123,734 -Oiaeased Tree 13,052 13.062 Santis clan 35,945 35,945 C9lt-ar.l and Ree rcation - Library 1,764 3.764 - Srniw Citize"• - Ct imrty School 9,20 7,00D 9,250 3.000 - PZ O,596 20,596 Pl arcrag aM 2 ing 3,136 2,536 5.676 orderly immuti0n 646 1,172 t.97a ' ""�""• deli"'`"` [�pwai mass t 20,675 10.895 Debt Rrdeagtimi 3 ' Principal S 185,000 185,000 t nt ,rest a:d paying charges Sf 4,690 7,343 192.013 Tot.I £.p-rdito tea f 3.5,595 i 319,610 i 569.690 % 28.218 Si,:b3,314 Other Usta T-"%1era 360 .2,990 17.319 60.669 C.Vlrted eatat—tiem projects 1 29.992 4.[06.5)2 4.436.564 Debt retlrvr_tat eon:ritwiicn 1.625.561 1,825,561 r. -I Lspea3i tures ami OWrr U.es S 3.$,956 i 365.600 3 569.690 s 29.992 }5.277,690 3 -O- }7.586.128 Ereesa IOeficr eney3 or RGverarea sed OL er S—, a r E.peditures and Other Uses S {tS.5D2) i -9,019 11.636.312 S 41,998) 313,251,:07) S 95,528 91,285,827) 9egimlrg esappropria`ed Surd Galante 69,566 254,2<a 1.959.173 2,346 3.952.381 22,989 6,260.723 Dee—Y. 11-Te11) in app-pr,a-d f..d War- (2.8561 307 478,549 (89.00Oi 38:.000 t-01'Yr CNAtf PDPR Ia;E4 TUID -LANCE f 54,005 S 300,413 13`!)97,. e5 S 555 51,179,621 3 29.'.37 S5.3nt,+9n uwwras .s•,rmn o awr.,) IN IUNP Da1.ANf.1 fol Iat IF—,•t,.arA^Or"—,• 11, .OTe $prr 1.1 P.bl er•11.1 ae.•wu. Cr_si -_ 6.. __- __ 6r6.yliba, Canst_tt ion ALttttN[Nt Sha,_{ng"�-_ /Ot al,_-_-- i:•�a •wa re..ls lrs f pl,Olp 3 711, tii / u0,1>n 1 Ige.env ,•; � � 105 i ai4, le. 447,6eb f,...a...•t........... le.ele 76.e1n ._•..•a .,,.Ia) 71,19. 11,101 141..19 i A..", Mb. It9 [tu1l.a•1 e. Y•r•Ir.Y Il,paa I,lv. >a,a 14 t...a /, 11p 1.1•,0 to r•.al 9,/7v 70.101 S tag 141,6111 1,615 770,1 to •1w.�r.•�.1a Iwr •ilwl a.r•1 .r• • 71, nrr la,p%+ 5141 ra•,.. sd-al:.•.N r v.i rr�.r 4,))4 4,114 •N y,a Ip) 1:9P1 _ — - -_119 _-I,f81I i,p70 iw: •i 9r..w.. { }D 1, 194 _ 1 1/9, /li / ..11;11... / / 1110, 714 j—�I), 1.«1 1).iill,l.�1 • Sw1••a "— 1 IOI.NM16 ) 1111 .N4a 4w<,.. { a1i,vl6 4 174,4 i6 n1, • ,•.w•, t.wa ;ear.•ta ,vvr rlvu,•rar __ ,91rr Iw, vl I. w. w.r .w1 O, l.• Sm.r•• �, 71.196 1„—iiV, 109 1]i,Ka�(,l0 S �tO1�ii jl,i«�.I I4 15,0..0 4t.i 04,6..'0 .•. .•1 w1...• ...... w.1 ....... a1,d.0 61,P49 e t.r s •,7+4 W ,.r.w..r• • M.lalq 9,7P1 •, .NI .M111 5.w 11u..w 11,119 •I,t.v /sl, r,.i ..d !.•0064 f4w - /16, 4r} 1,a J6 1,414 Srw1.1 Ci. I.— 9,i;U 9,;". C.r�wwl•Y S,.ssl 7..l1 1.47) YIw.w1.I •wd lwl.a 1, 1)} 7,111 ), lAv 1 .fM• 1 ,1191 .•• a�w1a 4•r r�1y a•I•.q...s f a,I Y 6,.01 9,7P. P.l•lrra•.�. Ir. _ 1 o),Ign 9),aNl -+r•..r .. r.. •.9 •a. lar. ua },eco 19!,777 I4..IN1•ry.an., ..ar i-7«s;.ia ii64.31i Mir:: i::a .1,1n. n1 { ,•.an . mi 1 60,01. a)4.nn 1.i�i 1. .... .•r ...__.......... •..r _ _ _ _ 376 4}a 571,9}6 ..... t r+ ,•.••. .•• o. «•. .... i "_._. __ 1._."_. _ _ _ t. r. {.. _-•ein }_,i=).ao� _ 1 __ii ii-Si«,iei ... �.. ..a •N rs. Serr... t ii, 166 1 ale ,(AI S 660,4Y+ 10}11,14}} 1;,{}57.179 4 "Itze 11,1)6,061 W r. .. • •rprarr`a. al,v+a• ..K,.I) I.Ha,U). 699 1,100.611 1.119/,764 I•.'�..v r•sar i•. Frr�t•t. ra ...a b.1..., 10.4%1 __IrV,.lal _-• -- .—_1),661 16.0,6»r #eta _QV12ea) ..•rrmr.. • n a ,m9 a•. •1N! f 4v•)sa �.-10:1:�� IIC??, U, I...e._Att. I:19)]l U 1 ]..,, I..e•9tl0 i�'Dii:l�«7 LIT Y OF MONTICELLO COMBINED STATEMENT OF REVENUES AND EXPENSES PROPR IETARY FUND TYPES For The Year Ended December 31, 1979 Other Revenue (Expenses) Property taxes and homestead credit Interest U.C. Fund reimbursement Bond interest. Cash over (short) Depreciation -contributed assets (73 ,427) (73,772) $ (54,266) S (71,078) S 6,551 NET INCOME (LASS) S (92 ,689) S (66,293) S 64,689 •22- S 11 ,548 S 100 7 ,613 2,594 I fn Liquor Fund Total $ 682,019 E 682,019 542,357 542,357 $ 139,662 $ 139,662 144,090 118,884 E 139,662 E 402,636 E 43 , 755 7,386 2 .972 1,105 7 .971 1 .500 14.310 7 10 1 ,864 644 S 81 .524 S 58,138 S 17,275 (35) (10,692) 3 E 98,375 20,246 31,326 18,987 167,069 445 ' 2,876 14,110 1,025 4,223 1,500 14,310 137 10 1,864 1,623 S 378,126 S 24,510 E Il,eae 27,482 (35) (10,592) 3 (147,199) id S (118,793) S (94,283) Sewer Nater Fund Fund Sales and Cost of Sales Sales Cost of Sales Gross Profit Operating Revenues PCA and EPA reimbursements E 144, 090 Collections, connections, inspection fees and other operating revenue 68. 569 E 50,315 Total Gross Profit and Operating Revenues E 212.659 E 50,315 Operating Expenses Salaries and employee benefits E 36.882 E 17,738 Utilities and telephone 6 , 412 6,448 Supplies and materials 13.809 14,545 Repairs and maintenance 15.577 2,305 Engineering fees 166.069 1,000 Laundry 298 147 Testing 2 . 876 Depreciation-acqui red assets 4 .679 1,460 Travel and conferenceo 645 380 Trenching and hookups 2 .848 1,375 Audit expense Insurance Legal and professional fees 130 NSF checks Adverti sing Mi seel l aneous 857 122 S 251 ,082 S 45,520 S (38 ,423) S 4,795 Other Revenue (Expenses) Property taxes and homestead credit Interest U.C. Fund reimbursement Bond interest. Cash over (short) Depreciation -contributed assets (73 ,427) (73,772) $ (54,266) S (71,078) S 6,551 NET INCOME (LASS) S (92 ,689) S (66,293) S 64,689 •22- S 11 ,548 S 100 7 ,613 2,594 I fn Liquor Fund Total $ 682,019 E 682,019 542,357 542,357 $ 139,662 $ 139,662 144,090 118,884 E 139,662 E 402,636 E 43 , 755 7,386 2 .972 1,105 7 .971 1 .500 14.310 7 10 1 ,864 644 S 81 .524 S 58,138 S 17,275 (35) (10,692) 3 E 98,375 20,246 31,326 18,987 167,069 445 ' 2,876 14,110 1,025 4,223 1,500 14,310 137 10 1,864 1,623 S 378,126 S 24,510 E Il,eae 27,482 (35) (10,592) 3 (147,199) id S (118,793) S (94,283) COMBINED STATEMENT OF REVENUES AND EXPENSES PROPRIETARY FUND TYPES For The Year Ended December 31, 1978 Sever Water Liquor Fund Fund Fund Total Sales and Cost of Sales Sales $ 601,746 f 601,746 Cost of Sales 477,749 477,749 Gross Profit f 123,997 S 123,997 Operating Revenues Collections, connections, inspection fees and other operating revenue 3 68,126 $ 4►, 945 118,071 Total Cross Profit and Operating Revenues $ 68,126 $ 49,945 $ 123,997 $ 242,068 Operating Expenses Salaries and employee benefits $ 23,124 f 19,461 $ 38,385 $ 81,070 Utilities and telephone 6,348 6,556 6,251 19,155 Supplies and materials 5,094 11,334 1,908 18,336 Repairs and maintenance 5,015 6,753 492 12,260 Engineering fees 1,184 352 1,536 Laundry 196 161 357 Testing 2,474 2,474 Depreciation - acquired assets 3,014 1,327 7,547 11,888 Travel and conferences 105 75 180 Trenching and hookups 530 260 790 Audit expense 1,230 I, 230 Insurance 10,879 10,879 Legal and professional fees 767 767 NSF checks 148 148 Advertising 1,385 1,385 Miscellaneous 58 605 634 1,297 $ 47,242 f 46,884 3 69,626 $ 163,752 S 20,884 $ 3,061 1 54,371 3 78,316 Other Revenue (Expenses) Property taxes and homestead credit 26,428 5,497 31,925 Interest 2,898 1.293 8,396 12,587 U.C. Fund reimbursement (991) (991) Bond interest (11,629) (11,629) Cash over (short) (5) (5) Depreciation - contributed assets (54,978)554,611) (109,589) { (25,652) f (47,821) 1 (4,229) $ (77,702) NET INCOME (LOSS) 1 (4„768) f (44,760) f 50,142 S 614 -23- STATEMENT OF REVENUES. EXPENDITURES AND CHANCES IN FUND BALANCE C[N ERAL POND Fox Tba Tne [ndc0 Wud•r 37. 797E Re_^ G•mr•1 prop•rar a,. ac Hoc•f[.ad cf•dlt L 10.23111, tq• and 'yc rmft0 /lnu and POM Iain A-1 imp ... 6m,nt Ices Int•reav [at Pauenu. Local 8eu•rnment Otd Mashtn.r7 aid Ana 1•r•s.•41on Ild Pei l<. aid ARricoicur. •td r.d.w aa-arport u„er PCA ,nd LM tactticfa, grant D.pmar r+g tlt nr la.. oin.r Incm� Int c incaer saaoe Invpua .na .9mlpn.n[ Mt•cettan•oua sn<we Mlm6ut•O m.nt• for •dvini •tr,a ton cora. Teta! R...ave [:p,,,d t:m CHT c ncfi [I.c[lon ,'.pen Admiatftt,[ton Salt/•f tmvlore• e.n.cat• T. t,ph... SVPPIIa• Ind P06-90 Cnnf,r0 nc, and trav,! 9.p,ir• •nd mint an,ncc � .9utyna..t Printt 236 Ind publiah`n8 Sub•cripttmna, quer nd Ot Aar Oa Mr tavn.l omt.r AI00Ia6r Auan 1.. In•ut,nc: Cn L.Rl 23!51/g 100• RaI laa• latle,na tn•p.catmn nunlc,val 6w,alae m1 ... n,nc. cacao!!.. C1•MtN Oa M1rr lotto, pr,t•ca t.a Clvll dr 1123!5 Anl m.l control Dm6 patrol Bupp1'.. OCMr 01,P* cons root ten S,nitll lon COntt•ea Llbo y Cent oat i.nlOf cllll, n. 0,!23123 .na ,rOp lor.. e. n.t cal oanar C,pu al oua 1,5 It4nn5nR ,+M ,nBoni 238 D.Pun rglnnt 8,161 U• d rwp loy00 b•n•Itl1 0123.1 Ann..a ton cool Cmaunttr Ir neo? Otn.t nnuli,n,ou• tsi •1 Irp.nelt car,• tiCEBS 0ENEAUts 8y tnnlnB une00toprlu•6 lona e,lewe• ' D.tt eaM appCmpxtat 06 Tuna b,1,M, INDINO UMAPPROPIIATCD FUND BALANCE -24. 1978 1976 1977 8ud0..t Actual A—.1 i 16.000 i 97,0fe t 77,410 7,990 7,990 7,770 Is," 500 78.615 78,313 1,700 3.3Se 7,901 400 3,796 1.146 17).675 99.0)5 119,59) 3.580 4,070 7,)17 4,891 e,D83 716 41757 7.700 3,417 97,,'30 8,000 t4, 04a 7,519 300 430 16e 151 425 bit 11 37,100 10.023 6 743,490 3 283.196 3 )54,793 7 4,050 J 3,578 J 2.820. 900 933 45,55p 47,437 47,590 9,050 9,}1) 1.)00 3,000 1,171 1.476 Lee' x,579 1.315 760 1.736 350 305 379 1,510 4,140 1.450 1,201 1.190 '00 Ito 367 7.000 7,41, 700 5.115 4,635 4.966 3.650 5,)00 ).300 71,130 11.880 15.1'0 ,.ODD 1.759 108,164 4.000 1,I /6 1,103 5.300 1s.901 it.3as 4.710 s, 158 1.844 I.t5p i,afl t, Sf6 3.400 1,971 SW 53,240 60,046 48,430 175 1,07/ 1,090 4.056 3.567 2,374 503 414 7,370 136 7, 346 76.100 31,339 27.145 1.100 1.476 900 II,OH 6.481 6.443 1.449 7,778 46,966 4.400 ),557 11,41) 10.600 4,596 6.074 403 156 914 ),155 7.475 J.4 t5 7,200 i m 1700 1 f U6 1 766.110 1 )51,251 1 13.1eb I 13%4bo) 41,950 X0.450 6 66,566 u P� ®J 'l STATTJ6NT O2 RgVUNES. EXPENDITURES AND CHANGES IN I= BALA13C9 GENL/IAL IU" ►of The gear Ended December 31. 1979 1979 1979 1979 Budget Actual Actual Ravew. GmenI property lues f 121,700 f 142,97E g 10,010 Licenses, fees And permit• 2],000 39,410 311, els tirws and Dtnalt.<s 3.000 •.101 An im.l impoundsent fee. 2.200 3,716 1.796 Int. rgovern.ental Revenue Local gayer -t sed it9.lE! 116.171 19.035 Maehi nery aid ].190 3•776 ],360 Anti -recession .id 2,]I7 Police cid 7.280 Federal .id-.iryort stud) 4.2a] PC. .rd CPA hcllities grant 3.4 1 Deputy rep.tnr rias 15.000 19.740 14,040 Other i Interest income 200 1.919 5.19 oI supplies and equipment I!0 217 160 ml. eellsnewa incoee 100 ..919 017 Reimburmt Nnts for administration casts 13,1011 17,616 11.700 Total Revenue a 305,575 "30,3,5 9 213•296 E,pend i to rem City c- 11 f 7,100 f 6.851 11 3.521 91.eti on ..p -o 9]] Administration 5.1arire 53.425 ]0,11] 47, U7 Employ .• benefits 10,125 7,11E 9.x15 T.lephano 7,100 3,0.1 3.241 Supp! in and pcataRa 4,100 5,010 3,664 Conte renes and travel 1.000 1,809 780 Re p.i nand 0alnlenen<a•eq: ipsenl 150 !00 305 nt3y.M Dubli.hing 4.200 9,177 4,141 9sc rips ions• duos and other 1.600 1,179 1,301 Othtr 175 112 110 C.pl tat outl4y 1,900 I,ON 2,4]1 ......or 0.050 9,717 4.031 Audit fat 5,100 5,100 0•]00 ln.ur:ncs 41.000 21,1.3 21,690 [nglneairl ng .... A. ue 3.7u Legal fu. 7.]71 2.114 tuilding Inspection 19,050 21.422 15.901 municipal building s..nt.n.ne. Utilill.. 5,910 Clesnny 2,110 3,111 4,971 2.110 4,.70 1 •922 Polic• pratecllon 06.0!0 70.016 60.048 Civil d.f.... 1.175 190 1,077 5ir•no 11.110 .niul control Dog patrol 3.350 4.105 3.161 Supplio 625 169 593 OtNr 1.125 7,119 2.170 Dug pad construction 1.146 5-1 tot! an cant ncl ]l, 775 3:.115 11.1]9 Llbr.ry cool noel 1.710 1,104 1,478 Senior Clti..ns ea7 Brio .d rapt oy- ban•fite /,150 7,021 6•:111 Otho r 1,7:0 1.326 4...9 Capi aril.^ 1.000 t P l ann1.2 and s Ing 2..00 l.Ue ].112 D.puty tglstr.1 sal. rio and sap: o�aa ber:elits la, 10.90] 9th. r 7" 750 110 M 10) Armee. tion a :ee C -..ay school 3.000 3.000 2..!] Tran.r.r 1.000 390 171 Total T.p•ndlluna 9 303,515 IICESS REVENUES 01 IEIPENDITUIUI 6 215,1111 1 17,191 e.g.nning unappropriated fund balance 61,090 INOINO UNAPPROPIIITED FUND I.L.1C1 1 51.005 -25- GEOGRAPHY AND DEMOGRAPHY Location: In northern Wright County, approximately 45 miles northwest of the Minneapolis/Saint Paul metropolitan area. Area: 2,750 acres Population: 3,095 - Preliminary 1980 U.S. Census 1,636 - 1970 U.S. Census 1,477 - 1960 U.S. Census ECONOMY The City of Monticello is situated on the Mississippi River approximately halfway between the Twin Cities and St. Cloud. The Twin Cities -St. Cloud corridor is one of the fastest growing areas in the State. Monticello itself has experienced an 89% increase in population between 1970 and 1980. While the City has grown in population, the largest portion of the tax base is still provided by Northern States Power Company's Monticello nuclear power plant. NSP's current taxable assessed value is $30,758,903. The value accounts for approximately 77% of the City's total taxable assessed value. The NSP plant, which began operations in 1971, has a net generating capacity of 580 megawatts and is part of the utility company's interconnecting electrical generating system serving four states. Approximately 117 persons are employed by NSP at the Monticello plant. Some of the larger employers in the City are: Firm Product/Business Employment Monticello -Big Lake Hospital and Nursing Home Medical care 217 Independent School District 882 Public education 202 Northern States Power Company Utility 117 WrightCo Products, Inc. Egg processing 108 Perkins Cake 'N Steak Restaurant 80 Decorative Services Custom draperies 65 Country Kitchen Restaurant 60 McDonald's Restaurant 60 Monticello's Oakwood Industrial Park is located on the southeast side of the City with easy access to Interstate Highway 1-94. There are currently nine tenants in the park. In addition to the downtown shopping area, the 44,000 square foot Monticello Moll Is located at the interchange of Interstate Highway 1-94 and U.S. 25. There are 13 tenants In the enclosed mall including a Red Owl supermarket aid a Snyders Drug Store. -26- The Wright County State Bank which completed a 10,000 square -foot addition in 1980, reported total deposits as of December 31, 1979 of $23,743,000, a 15% increase over deposits of a year earlier. The following summary of building permits illustrates the City's growth over the past six years: Total Total New Home New Home Year Permits Valuation Permits Only Valuation 1980(thru 12/15) 69 ,664,000(1) 34 1,375,000 1979 102 3,928,500 55 1,911,500 1978 134 3,423,200 33 1,467,873 1977 107 ,123,640 28 1,122,044 1976 89 3,418,729 31 1,119,162 1975 74 $1,910,975 15 492,300 (1) Includes $4.5 million for Ute City's sewage treatment plant. Recent Development: In 1980 Clow Stamping Company, Inc. of Minneapolis constructed a $1 million manufacturing facility in Monticello's Oakwood Industrial Pork. The company makes sheet metal products and employs 46 people at its new plant. Bondhus Tool Co., a tool manufacturer, completed a 6,000 square -foot addition to its existing 10,000 sgvare-foot plant at a cost of $120,000 in 1980. The firm employs 35 people. Best -in -Webb, Inc., high automated printers, recently added o 2,500 square -foot warehouse to its 5,000 square -foot building in the Oakwood Industrial Park. The cost of the addition was $65,000. Construction an a four -building, 50 -unit apartment complex hos recently started in the City. The building permit value of the complex is $946,000. Medical: Medical facilities in Monticello include the 39 -bed Monticello -Big lake Community Hospital and the 74 -bed Monticello Nursing Home, both operated by the Monticello - Big lake Community Hospital District. The District has applied for a Certificate of Need in order to remodel some ancillary services, construct parking facilities, and purchase equipment to accommodate the construction, by a private developer, of a new specialty clinic adjacent to the hospital. The District intends to issue approximately $400,000 of gross revenue bonds in early 1981 to finance this. PLQM-IC UTILITIES water; In 1976 the City issuer! $1,300,000 General Obligation Improvement Bolds for the -27- purpose of improving and expanding its water system. Including these improvements, the system has a pumping capacity of 2,400 gallons per minute and a storage capacity of 900,000 gallons. Average demand is approximately 250 gallons per minute. Sewer: The City's present sewage treatment plant has a capacity of 450,000 gallons per day with an average demand of 400,000 gallons per day. The City is in the process of upgrading its treatment facilities with a major addition to its treatment plant and a new interceptor. Construction bids have been awarded and construction has begun on the interceptor portion of the project. Total costs will be $5,088,000 with 90% funding from the U.S. Environmental Protection Agency and Minnesota Pollution Control Agency. The City does not expect to have to borrow for its local share of the treatment plant, but will finance it from allocated federal revenue sharing funds. Construction will be completed in the spring of 1982. The new plant will have a treatment capacity of 910,000 gallons per day. Electricity: Northern States Power Company Naturol Gas: North Central Public Service Company Telephone: Bridgewater Telephone Company GOVERNMENTAL ORGANIZATION AND SERVICES The City of Monticello has been a municipal corporation since 1856 and became a statutory city as of January I, 1974. The City is governed by a council - administrator form of government. The City Council consists of the Mayor, who serves a two-year term of office, and four Council members, who serve four-year overlapping terms. All Council members are elected at large from the City. The City Administrator, appointed by the Council, is responsible for the daily affairs of the City. Monticello's City Hall was completed in January, 1978, at a total cost of $4,60,000 including land. The City Hall was financed with reserve funds and did not require bonding. Included in the facility are Council chambers and administrative offices. The City also owns and operates a fire hall, maintenance building, Monticello Senior Citizens Center, Monticello Historical and Information Center and four parks. The $255,000 General Obligation Bonds of 1981 being offered for sale in this Official Statement will partially finance the construction of a City -owned new library. The City sold its "on -sale" municipal liquor store in 1975 and constructed on "off - sold' liquor store adjacent to the Monticello Mall in 1976. The building was financed by the issuance of $200,000 in liquor revenue bonds. Police protection for the City is provided by the Wright County Sheriff's Department. The City's Fire Department is staffed with 29 trained volunteers. -28- EDUCATION Independent School District 882 (Monticello) has an approximate enrollment of 2,300 students in grodes kindergarten through twelve and employs 202 certified and auxiliary personnel. One elementary school and a junior -senior high school comprise the physical plant. In 1976, the District issued $2,750,000 in building bonds to finance the construction of a 28 -room addition to the elementary school and a physical education complex. -29- CERTIFICATION As of the date of the settlement of these Bonds, the Purchaser will be furnished with the following certificate: Certificate As of the date of the Official Statement, Gecember 30, 1980, prepared for the issuance of the City's $160,000 General Obligation Improvement Bonds of 1981 and $255,000 General Obligation Bonds of 1981, it did not and does not as of the date of this Certificate contain any untrue statement of material fact or omit to state a material fact necessary in order to make the statements made therein, In tight of the circumstances under which they were made, not misleading. Witness our hands this day of , 1981. FOR THE CITY OF MONTICE11_1.0, MINNESOTA Arve A. t,rimsmo, Mayor t,ary rt, wieber, Administrator .30. OFFICIAL 131D 17ORM TO: Gary Wieber, Administrator DATE: January 12, 1981 City Hall 250 East Broadway Monticello, Minnesota 55362 RE: $255,000 General Obf igotion Bonds of 1981 For the Bonds of this Issue which shod mature and bear interest at the annual rate, as follows, we offer a price of $ and accrued interest to the date of delivery. % 1984 1988 * 1985 % 1989 * 1986 % 1990 % 1987 % 1991 % 1992 In making this offer we accept all of the terms and conditions of the Official Terms of Offering published in the Official Stotement for the Issue dated December 30 1980 . In the event of failure to deliver these fan s� in accordance with the Official Terms or Offering as printed in the Official Statement and mode o part hereof, we reserve the right to withdraw our offer, wreupon Fe- eeposit accompanying it will be immediately returned. All blank spaces of this offer are intentional and are not to be construed as an omission. Account Members ME Account Manager -_------------------------------------------------------------------------------------ Not as o part of our offer, the above quoted prices being controlling, but only as on aid for the verification of the offer, we have made the following computations: NET INIEREST COST $ Received good faith check for return to bidder as of NET EFFECTI VE RA'f E % the date of this offer. SPIIINGSTED Incorporated by ..................................................................................... The foregoing offer is hereby accepted by the Issuer on the date of the offer by its following officers duty authorized and empowered to make such acceptance. Administrator Mayor j OFFICIAL BID FORM T0: Gory Wieber, Administrator DATE: January 12, 1981 City Holl 250 East Broadway i Monticello, Minnesota 55362 ,I RE: $255,000 General Obligation Bonds of 1981 I' For the Bonds of this IsstJe which shall mature and bear interest at the annual rate, as follows, we offer a price of $ and accrued interest to the date of delivery. 1; % 1984 % 1988 } % 1985 % 1989 s % 1986 % 1990 % 1987 % 1991 �i ' % 1992 In making this offer we accept all of the terms and conditions of the Official Terms of Offering published in the Official Statement for the fssue dated December 30 1980 . Inthe event of failure to deliver 3o sr inaccordance with the Official Terms o�Offering as printed in the Official Statement and made a part hereof, we reserve the right to withdraw our offer, where cn f i deposit accompanying it will be immediately returned. All blank spaces of this offer are intentional and are not to be construed as an omission. Account Members I a Account Manager BY: CJ ----------------------------------------------•--------------•-------- ----------- Not as a part of our offer, the above quoted prices being controlling, but only as on aid for the verification of the offer, we have made the following computations: NET INTEREST COST S Received good faith check for return to bidder as of NET EFFECTIVE RATE % the date of this offer. SPRINGSTEO Incorporated by _................................ The foregoing offer *i s hereby r�cccpted by the Issuer m the dote al the offer by its IofIowing officers duty authorized aid empowered to rnoke such occep lance. Administrator Mayor j OFFICIAL BID FORM T0: Gory Wieber, Administrator DATE: January 12, 1981 City Holl 250 East Broadway i Monticello, Minnesota 55362 ,I RE: $255,000 General Obligation Bonds of 1981 I' For the Bonds of this IsstJe which shall mature and bear interest at the annual rate, as follows, we offer a price of $ and accrued interest to the date of delivery. 1; % 1984 % 1988 } % 1985 % 1989 s % 1986 % 1990 % 1987 % 1991 �i ' % 1992 In making this offer we accept all of the terms and conditions of the Official Terms of Offering published in the Official Statement for the fssue dated December 30 1980 . Inthe event of failure to deliver 3o sr inaccordance with the Official Terms o�Offering as printed in the Official Statement and made a part hereof, we reserve the right to withdraw our offer, where cn f i deposit accompanying it will be immediately returned. All blank spaces of this offer are intentional and are not to be construed as an omission. Account Members I a Account Manager BY: CJ ----------------------------------------------•--------------•-------- ----------- Not as a part of our offer, the above quoted prices being controlling, but only as on aid for the verification of the offer, we have made the following computations: NET INTEREST COST S Received good faith check for return to bidder as of NET EFFECTIVE RATE % the date of this offer. SPRINGSTEO Incorporated by _................................ The foregoing offer *i s hereby r�cccpted by the Issuer m the dote al the offer by its IofIowing officers duty authorized aid empowered to rnoke such occep lance. Administrator Mayor OFFICIAL 13ID FORM TO: Gary Wieber, Administrator DATE: January 12, 1981 y City Hall 3f 250 East Broadway Monticello, Mirnesoto 55362 r� RE: $160,000 General Obtigation Improvement Bonds of 1981 For the Bonds of this Issue which shall mature and bear interest of the annual rate, as follows, we offer a price of $ and accrued interest to the date of delivery. % 1983 % 1988 % 1984 % 1989 % 1985 % 1990 % 1986 % 1991 % 1987 % 1992 In making this offer we accept all of the terms and conditions of the Official Terms of Offering published in the Official Statement for the Issue dated December 30, 1980 . In the event of failure to delivert eF se Bo sn� in accordance with the. Official Terms of Offering as printed in the Official Statement and made a part hereof, we reserve the right to withdraw our offer, wiereur the deposit accompanying it will be immediately returned. All blank spaces of this offer ora intentional and are not to be construed as an emission. Account Members BY: Account Manager ------------------------------------------------------------------------------------- Not as a part of our offer, the above quoted prices being controlling, but only as an aid for the verification of theoffer, we have made the following computations: NET INTEREST COST S Received good foiih check for return to bidder as of NET EFFECTIVE BATE % the dote of this offer. SPRItJGSTEfO Incorporated by foregoing ..................................................,............. The oiler is hereby accepted by the issuer on Onr- dote of the offer by its Inilowing Officers duly authorized acid empowered to make such occeptance. Administrator Mayor OFFICIAL 13ID FORM TO: Gary Wieber, Administrator DATE: January 12, 1981 y City Hall 3f 250 East Broadway Monticello, Mirnesoto 55362 r� RE: $160,000 General Obtigation Improvement Bonds of 1981 For the Bonds of this Issue which shall mature and bear interest of the annual rate, as follows, we offer a price of $ and accrued interest to the date of delivery. % 1983 % 1988 % 1984 % 1989 % 1985 % 1990 % 1986 % 1991 % 1987 % 1992 In making this offer we accept all of the terms and conditions of the Official Terms of Offering published in the Official Statement for the Issue dated December 30, 1980 . In the event of failure to delivert eF se Bo sn� in accordance with the. Official Terms of Offering as printed in the Official Statement and made a part hereof, we reserve the right to withdraw our offer, wiereur the deposit accompanying it will be immediately returned. All blank spaces of this offer ora intentional and are not to be construed as an emission. Account Members BY: Account Manager ------------------------------------------------------------------------------------- Not as a part of our offer, the above quoted prices being controlling, but only as an aid for the verification of theoffer, we have made the following computations: NET INTEREST COST S Received good foiih check for return to bidder as of NET EFFECTIVE BATE % the dote of this offer. SPRItJGSTEfO Incorporated by foregoing ..................................................,............. The oiler is hereby accepted by the issuer on Onr- dote of the offer by its Inilowing Officers duly authorized acid empowered to make such occeptance. Administrator Mayor OFFICIAL_ !9D 170RM TO: Gary Wieber, Administrator DATE: January 12, 198 1 44 City Hall 250 East Broadway Monticello, Minnesota 55362 RE: $160,000 General Obligation Improvement Bonds of 1981 For the Bonds of this Issue which shall mature and bear interest at the annual rate, as follows, we offer a price of $ and accrued interest to the date of delivery. % 1983 % 1988 % 1984 % 1989 % 1985 % 1990 % 1986 % 1991 % 1987 % 1992 In making this offer we accept all of the terms and conditions of the Official Terms of Offering published in the Official Statement for the Issue dated December 30, 1980 . In the event of failure to deliver t eseon sin occordonce w ith the Official Terms of Offering as printed in the Official Statement and made a part hereof, we reserve the right to withdraw our offer, wTereuprn t�eposit accompanying it will be immediately returned. All blank spaces of this Woffer are intentional and are not to be construed as an omission. (4 Account Members BY: Account Manager ------------------------------------------------------------------------------------- Not as a part of our offer, the above quoted prices being coitrolliruJ, but only as an aid for the verification of the offer, we have more the following computations: NET IN TEREST COST $ Received good faith check for return to bidder as of NET EFFECTIVE f2ATE % the date of this offer. SPRINGSIEO Incorporated by .......................................................................I..........I.. The foregoing offer is hereby crcepted by the Issuer on the date of the offer by its following officers duly authorized and empowered to make such acceptance. Administrator Mayor OFFICIAL_ !9D 170RM TO: Gary Wieber, Administrator DATE: January 12, 198 1 44 City Hall 250 East Broadway Monticello, Minnesota 55362 RE: $160,000 General Obligation Improvement Bonds of 1981 For the Bonds of this Issue which shall mature and bear interest at the annual rate, as follows, we offer a price of $ and accrued interest to the date of delivery. % 1983 % 1988 % 1984 % 1989 % 1985 % 1990 % 1986 % 1991 % 1987 % 1992 In making this offer we accept all of the terms and conditions of the Official Terms of Offering published in the Official Statement for the Issue dated December 30, 1980 . In the event of failure to deliver t eseon sin occordonce w ith the Official Terms of Offering as printed in the Official Statement and made a part hereof, we reserve the right to withdraw our offer, wTereuprn t�eposit accompanying it will be immediately returned. All blank spaces of this Woffer are intentional and are not to be construed as an omission. (4 Account Members BY: Account Manager ------------------------------------------------------------------------------------- Not as a part of our offer, the above quoted prices being coitrolliruJ, but only as an aid for the verification of the offer, we have more the following computations: NET IN TEREST COST $ Received good faith check for return to bidder as of NET EFFECTIVE f2ATE % the date of this offer. SPRINGSIEO Incorporated by .......................................................................I..........I.. The foregoing offer is hereby crcepted by the Issuer on the date of the offer by its following officers duly authorized and empowered to make such acceptance. Administrator Mayor WA V t,ha j4e 1 00 f vwwbl 1, 1.'r Ilk, ws r i 4 r 1v q; tw, If 10 17 lt :""J. I'T 1� Il -1 1 Ll,;; Y I t4i,:4 '104ve4-vu 11A OL eA 44AO Ire& I 'r:N RESOLUTION DECLARING ADEQUACY UF. PETITION AND ORDERING PREPARATION OP REPORT' BE IT RESOLVED BY THE CITY COUNCIL of Monticello, Minnesour 1. A petition requesting the improvements listed below for the property indicated has been filed with the Cuuucil on January 12 19 81 is hereby declared to be signed by the required percontnbe of property affected thereby. This declaration is made in conformity with Minnesota Statutes 429.015. IMPROVEMENT REQUESTED: Extension of sewer, water, street, curb and gutter, and storm sever to serve Lots 10 through 14, Block 1, Lots 1,& 2, Block 5 and Lots 11 through p 15, Block 4, all in The Meadows Subdivision Plat. 2. The petition is hereby n:ferred to John Iladalich, and he is instruccod' I� to report to the Council with all convenient spend advising: the cuuncil in :c k' preliminary way an In whether the proponad impruvenwilt in fonsible and an go ' -whether ii aliould beat be made asproposed or in conm:etimt with some other improvement, and the escimated'cost of the improvement as ri:conunended. J i Motion to adopt resolution wan made by councilmember seconded by councilmember 4� y G i Voting in favor: Opposed: Adopted by the City Council this 12th day if January 1981 . if Cary viehrr, City Administrator 1, 2 CITY OF MONTICELLO COMMISSIONS Tue / E'•'CA"" (/�.J �r j FUNCTIONS AND DUTIES [i> r'F2) PLANNING COMMISSION Jim Ridgeway John Bondhus Bill Burke Ed Schaffer Dick Mortie Loren Klein (ex -officio) DOWNTOWN PARKING COMI•IITTEE V SS Lovell (Bud) Schrupp Lloyd Lund John Poirier Il` Marn Flicker nQ� HOUSING 6 REDEVELOPMENT AUTHORITY Leo Nelson (Chairman) (1-1-83)(� _p��o Vic Vokaty (1-1-81) (expired) `F Robert Doty (1-1-82) George DeMars (1-I-85) Ken Tvedt (1-1-84) BISTORICAL SOCIETY Marion Jameson Ruth 6 Hugh McKinnon David Newkirk 6eae,6 Sue—Erickson Fr•artci1'-6 Mi Ie Moon r' ,y,�,r•" Marguerite Perrault Caroline Elli>un �! Connie Decker Cladys-NmRrunnen Beatrice -Davis Elizabeth LaBree Flay McCoy Velma Ilnlldorf Oriole-Huseth- Isabel.11olker Mr.6Mrs. Frank Thompson., Oscar 6 Florence Tapper JOINT RECREATION BOARD City - Ron Peters, Rick Wolfsteller- (ax-officio) C I! School - Russ Martic, Cordon Link JOINT FIRE BOARD - City Renresentative Rick Wolfsteller 4 Qi D:Ne�or�(aw 61 -j SENIOR CITIZEN CENTER BOARD c N//^' Cr/•sr-Pr� Leo Nelson - PresidentIe (��.��/��,� Barry Stokes - Treasurer Marie Peterson - Secretary .� Sheldon Johnson Lloyd Lund Harry Schaffer / Frank Thompson / Hugh McKinnon Marie Bruning Caroline Ellison Karen Hanson - (ex -officio) BOARD OF APPEALS - (lousing; 6 Building; Code Council with Mayor as Chairperson MONTICELLO COMHUNIT'Y EDUCATION ADVISORY COUNCIL - City Representative Fran Fair ORDERLY ANNEXATION AREA REPRESENTATIVE Arve Grimsmo ACTING MAYOR Philip White CITY ATTORNEY Gwy Pt iuglc AUDITORS Cruys, Johnson 6 Anoociates CONSULTING ENCINEER Oar-Schelen-Mayeron 6 Asocciates CONSULTING PLANNER Howard Dahlgren Associates OFFICIAL NEWSPAPER Monticello Times OFFICIAL DEPOSITORIES Wright County State Bonk Security Federal Savings 6 Loan First bank at Minneapolis L/ • I AGREEMENT I AGI(CEMENT made this 2nd _ day of January 1980, by and between the CITY OF MONTICF.LW a municipal corpurdliun, of the•stdte of Minnesota, -first party, and YMCA OF NETCOPOLITAI MINNEAPOLIS, Minnesota, a duly organized non-profit corporation, second party. 01EREAS, second party has organized a Detached Worker•Program fcr the Northwest suburban arca for the general purpose of assisting youth in finding and living a lifestyle acceptable to themselves and the society in which they exist; and WHEREAS, first party, recognizing its commitment to its youth to help shape the development of its young citizens and that traditional youth pro- grams, facilities and activities do not reach all of its youth, has pledged the sum of Two Thousand Five hundred and oo dollars ($2,500.00 ) to contract with second party for the services of a detached worker in accord - ante with second party's Detached Worker Program. 4- NOW THEREFORE, in consideration of the mutual covenants and conditions hereinafter contained, the parties hereto mutually agree as follows: 1. First party, in consideration of the sum of Two Thousand Five Hundred Dollars to be paid to second party at the rate of Two Hund-- (5208.33) Cud right &J7yloo fler month payable in advance each of the months for which this ar$ agreement shall run, hereby contracts with second party for the period of twelve months from and after JAnuary 2. 1980 , for the services of a detached worker to be hired, trained, paid and supervised by second party in accordance with its Detached Worker Program. 2. Second party hereby agrees to provide first party with a qualified detached worker to perform substantially the following services for first party: a. Meet with police at least monthly to share information and mutual concerns, b. Concentrate on street work and maintain youth contact in iden- tical hangouts. e. Maintain active counseling relationships with 50 youth. d. Maintain counseling relationships with 15 families. e. Act as !uppor syl:em an! .nceler fc• youth c"d their families in times of trouble. f. Provide 24-hour crisis intervention to troubled youth and their families, as well as assist police and other cormunity agents in the prevention and intervention of crisis -related situations. g. Maintain cooperative relationship; with all youth -serving agencies which may provide alternatives for trOUblyd youth. h. Provide quarterly evaluations of the Detached Workar Prop— to roy^to city administration, police department and other cors -unity agencies. 1. Hunts with City Council on a quarterly h•sis to review rrogrc•i.0 of prog rsm, t!J 3. Second party agrees to indeninify and 1.! indemnified and defend, hold and save harmless first party from and against any and all actions or causes or action, calims, demands, loss, damage or expense which either party shall or may at any time sustain, precipitate or incur by reason of the con- duct of said detached worker or other employees, agents and servants of second party acting within the scope of or in connection with said Detached ,,,orl:cr Program. 4. To assure first party of sernnd party's i'erformr.ncc of the cbli- gations contained in paragraph 3, second party hereby further agrees to carry and keep in force liability insurance (including bodily injury and property damage coverage) in the minimum amount of Two Million Dollars ($2,000,000.00). Said insurance to be with a reliable insurance company licensed to do busi- ness in Minnesota. Second party shall furnish and file witlrfirst party the insurer's Certificate of Insurance indicating that secon�, party has insurance coverage in force in the minimum amount aforesaid covering the period for which this agreement is to be performed. IN HITNEES WHEREOF, the parties hereto have caused these presents to be executed in their behalf by their pruper officers thereunto duly authorized and their corporate seals to be affixed hereto the day and year first above writte. in the Presence of: Ci tv of MONTICELLO Byr MAYOR r 1 and .�, CITY nnta,Idr.TriL-,•rnu WE YMCA OF METROPOLITA'! MINNEAPOLiS by L estDEt+ VICE-PRESIDEN J P t GENERAL FUND - DECEMBER - 1980 AMOUNT CHECK NO. Mal . State Treasurer - Dep. Reg. fees 192.00 13794 City of Brooklyn Park - Booklet 2.00 13795 State Treasurer - Soc. Security Fund payment 3077.43 13796 Comm. of Revenue - State W/H tax 1463.70 13797 MM. State Treasurer - PERA 992.07 13798 Petty Cash - Mise. postage, etc. 30.99 13799 Monticello Fire Dept. - Payroll 1064.00 13800 Wright County State Bank - Investments 150000.00 13801 North Central Public Service - Utilities 544.69 13802 Monticello Times - Misc. publishing and printing 437.84 13803 State of MN. - Document Section - Pamphlet 4.50 13804 Newman Signs - Street signs 123.51 13805 W3ight County Auditor - Assessor fees for 1980 6965.05 13806 Orr Schclon Mayeron - Misc. eng. fees 9803.67 13807 Bridgewater Telephone - Telephone (55.25 reimb. by OSM) 526.81 13808 Water Products - Water dept. supplies 117.60 13809 Century Laboratories - Street supplies 38.79 13810 Superior Blacktop - Street repair - 79-1 Imp. 445.00 13811 Davis Electronic Service - Pager repairs- Fire Dept. 61.23 13812 Phillips Petro. Corp. - Gas for sewer dept. 56.86 13813 Mobil Oil Corp. - Gas for fire dept. 90.20 13814 State Tress. - Surplus Property Fund - Misc. tQuls, etc. 47.50 13815 Wright County State Bank - Investments 352962.50 13816 Gould Bros. - Repair to truck 202.40 13817 Foster ins. Agency - Ins. for Fire Dept. 340.20 13818 Northwestern Bell - Telephone for Fire Dept. 22.74 13819 Walt Mack - Mileage to school 22.00 13820 2cp Mfg. Co. - Sewer Dept. supplies 165.63 13821 St. Paul Book 5 Stationery - Historical Comm. supplies 29.76 13822 Matt Theisen - Mileage to school 16.60 13823 John Simola - Misc. mileage 24.48 13824 Bronteson Construction - Street 6 Water Depts. repairs 962.00 13825 St. Cloud Appraisal Service - Appraisal on new Ford garage 570.00 13826 for Flake appeal National Bushing - Misc. supplies for all depta. 151.81 13827 Monticello O. K. Hardwaro - Supplies 1.25 13828 Feed Rite Controls - Sower tooting 47.50 13829 coast to Coast - Sower dept. supplies 53.26 13830 Gross Industrial - Laundry 61.20 13831 Earl 11. Anderson - Street signs, posts, etc. 241.10 13832 Olson 5 Sons Electric - Lift station repairs 90.54 13833 Monticello Office Products - Misc. office supplies 482.30 13834 Banker's Life Ins. - Group ins. 1812.39 13835 Loof Broo. - laundry 104.75 13836 Purcell Plumbing 6 Hosting - Service call at 4AJTP 25.00 13837 Clearwater Enterpriaos - Street supplies 144.96 13838 Maus Foods - Misc. supplies 40.68 13839 Arvo Grimamo - OAA Board meetings 90.00 13840 W Roy Engstrom - OAA Board mootino s mileage. 52.80 13841 Paul McAlpine - OAA Board mooting 19.94 13842 Franklin Dann - OAA Board meatings 75.00 13843 Baoil Schillowaort - OAA Board meeting 15.00 13844 8 r� GENERAL FUND AMOUNT CHECK NO. Tom Salkowski - OAA Board meetings 150.00 13845 Marjorie Goetzke - OAA Board meetings recording 105.00 13846 Corrow Sanitation - Contract payment 3450.00 13847 Security Federal Savings s Loan - Investments 40000.00 13848 Maus Foods - Misc. supplies all depts. 77.34 13849 Brenteson Construction - Class 5 for commuter parking lot 200.00 13850 OSM - Misc. eng. fees - 78-1 Imp. Project 5689.61 13851 Olson Electric - Senior Citizens repair 423.07 13852 Equitable Life Assurance - Ins. payment 40.00 13853 Gould Bros. Chev. - Fire truck repair 67.77 13854 Our Own Hardware - Supplies for all depts. 261.66 13855 December payroll 15447.47 TOTAL DISBURSEMENTS $600825.35 E1 LIQUOR FUND AMOUNT AMOUNT CNECK DECEMBER DISBURSEMENTS - 1980 NO. Wright County state Bank - Investments 22000.00 9517 State Treasurer - Social Security Fund 298.78 9518 Comm. of Revenue - State W/Ii tax 165.40 9519 Comm. of Revenue - Sales tax 2641.49 9520 MN. State Treasurer - PERA 150.13 9521 Johnson Bros. - Liquor 1398.58 9522 Twin City Wine - Liquor 647.84 9523 Ed Phillips 6 Sons - Liquor 5924.68 9524 Griggs, Cooper s Co. - Liquor 1222.78 9525 Banker's Life - Group Ins. 200.67 9526 Wright County State Bank - Investments 30000.00 9527 Maus Foods - Mise. supplies 42.00 9528 Our Own Hardware - Misc. supplies 21.95 9529 Mark Arns - Mileage to Buffalo 8.00 9530 Ed Phillips 6 Sons - Liquor 6896.06 9531 Twin City Wine - Liquor 1816.27 9532 Johnson Bros. - Liquor 151.OG 9533 Griggs, Cooper - Liquor 2986.35 9534 Trushenski Trucking - Freight 387.80 9535 Bridgewater Telephone - Telephone 52.89 9536 Monticello Times - Advertising 390.15 9537 North Central Public Service - Utilities 118.44 9538 Purcell Plumbing 6 Heating - Reapirs 65.00 9539 Midwest Wine Co. - Wine 544.30 9540 Old Peoria - Liquor 680.10 9541 December Payroll 2914.77 TOTAL DISBURSEMENTS $81745.49 9 MINUTES REGULAR MEETING - MONTICELLO CITY COUNCIL December 8, 1980 - 7:30 P.M. Members Present: Arve Grimsmo, Dan Blonigen, Fran Fair, Ken Maus, Phil White. Members Absent: None 1. Consideration of Non-Intoxicatinq Malt Liquor License - Pizza Factory. Mr. Thomas Bluth and Brian Dzieweczynski, the two principal shareholders in UpDoc, inc., requested a non -intoxicating 3.2 beer license for an establishment called the Pizza Factory, to be located in Sam Peraro's complex at the southeast corner of Highway 25 and County Road 75. UpDoc, Inc. operates other Pizza Factory outlets in the area, and indicated that the 3.2 beer would be sold in conjunction with food service, but the Pizza Factory would not, by itself, have a bar available for drinking just beer at the establishment. In addition, the Pizza Factory would be open from 4:00 P.M. til 11:00 P.M. Sunday through Thursday, and from 4:00 P.M. til 12:00 A.M. Fridays and Saturdays. Motion was made by Phil White, seconded by Fran Fair and unanimously carried to approve the issuance of a non -intoxicating on -sale 3.2 beer license for UpDoc, Inc. for the Pizza Factory. 2. Consideration of Resolution Calling for Sale of General Obligation Improve- ment Bonds of 1981 and General Obliqation Library Bonds of 1981 Fr.. King Forness. of Springsted, Inc., Bonding Consultants for the City of Monticello, reviewed with the Council the upcoming sale of general obliga- tion improvement bonds of 1981 to finance the 1980-1 and 1980-2 improvement projects, and, also the sale of general obligation library bonds to finance approximately half the cost of the. new library. Mr. Farness was recommending that approxi,5ately $160,000 bonds be sold to finance the two improvement projects, with the library bond issue being in the amount of $255,000. He estimated the interest rate to the City over the ten years to be in the neighborhood of 8 to 9N interest. The bonds would be sold in January of 1981, and although at the present time, interest rates are higher than usual, it would be hard to anticipate what the interest rates would be by waiting a few months. Based on the recommendations of Mr. Forness of Springsted. Inc., motion was made by Fran Fair, seconded by Dan Blonigen and unanimously carried to adopt a resolution authorizing the sale of general obligation improvement bonds for the 1980-1 6 1980-2 Improvement projects. Motion was also made by Ken Maus, seconded by Fran Fair to adopt a resolution authorizing the sale of general obligation ImptuvemenL bunds for the, library Project of 1981 - voting in favor: Fran Fair, Arve Grimsmo, Ken Maus, Phil White; Opposed: Dan Blonigen. (See Resolutions 1980- 028 and 29) Council Minutes - 12/8/80 3. Consideration of Variance to July 1, 1981 for Hardsurfacing and Installation of Continuous Curb Harrier at the Monticello Commuter Parkinn Lot. J It was noted by Public Works Director that the Commuter Parking Lot at the southwest corner of Highway 25 and i-94 is now ready for use by the commuters, and that signs have been ordered and should be erected during the week of December 8th. Although it is the intent of the City of Monticello to hardsurface the parking lot, a variance would be needed to operate the parking lot until the spring of 1981 to allow adequate time to complete the hardsurfacing and curb barrier requirements. It was noted by Council discussion that some potential users of the commuter parking lot have expressed some concerns in regards to security at this location, and also thought that a phone should be installed along with a possible shelter in the area. It was noted that these items would be looked into in the future for possible installation. Motion was made by Phil White, seconded by Dan Dlonigen and unanimously carried to grant the City of Monticello a variance until July 1, 1981 to complete the hardsurfacing and concrete curb harrier requirements at the commuter- parking lot. 4. Consideration of Calling a Pu Ill ic liearifill for the Special Assessments on the 1980.1 and 1980.2 imorovement Projects. 1 The 1980-1 improvement project, serving Macarlund Plaza, and the 1980-2 J improvement project, extending services along Prairie Road, is now almost complete, and as a result, a public hearing to adopt the assessment rolls wuuiJ have to be haid. Motion was made by Dan Dlonigen, seconded by Phil White and unanimously carried to set January 26, 1981 as the date for the public hearing to consider the adoption of the assessment rolls on the two improvement projects. 5. Consideration of Enimoyinq Scan Hancock on a rull Time Davis. for the past ten months, Sean Hancock has been employed by the City of Monticello fn its Wastewater Treatment Plant through funding by the CETA program, which expires December 19, 1980. It was the recommendation of the Public Worl:s Director, John Simola, that Mr. Hancock be hired on a full tune basis to worl. within the Public Worl'.s Department. It was also noted that Mr. Hancock has a degree in chemistry and ufth the new Wastewater Treatment Plant, laboratory analysis, el -C., will have to be Conducted on a daily basis at the now treatment plant in the future, which Mr. Hancock mdy be qualified to do. Motion was made by Phil White, seconded by hen Maus and unanimously carried to employ Mr. Sean Hancock on a lull time basis in the City Sewer and Water Department, effective December 20, 1980. .2. Council minutes - 12/8/80 6. Review of Emergency Plan Relative to Nuclear Power Incident with Ralph Olmos, Director, Division of Emerqency Services. Mr. Ralph Olmos, Director, Division of Emergency Services, reviewed with the Council the emergency plans being implemented relative to any type of nuclear power plant incident in Monticello. Mr. Olmos explained the importance of having a good upcoming exercise in Monticello, and stressed that cooperatiun is needed amongst the State, Local and County levels to insure that a good plan is available. Mr. Olmos also indicated that it's the City's requirement to have an emergency plan to deal with an incident at the nuclear plant that meets lire Federal Guidelines, to insure that the plant can continue operation in Monticello. If, for some reason, a nuclear response plan is not acceptable to the Federal Government, the possibility always exists that the Nuclear Regulatory Commission could suspend the license for Northern States plant to operate in Monticello. Mr. Olmos noted that a test drill will be conducted in the City of December 17, 1980, and that additionally, a full exercise that will be reviewed by the Federal Government will be conducted in the early part of January 1981. 7. Approval of Bills for December 1980. and the Minutes of 11/24/80 Regular Mtq. { Motion was made by Fran Fair, seconded by Ken Maus and unanimously carried Y to approve the bills for the Month of December 1980, as presented, and the Minutes of the November 24, 1980 regular council meeting. (See Exhibit 12/8/80 N1). 8. Consideration of Police Contract wi Or Wriqht County Sheriff's Department for 1981. Mr. Don Ilozempd, of the Wright County Sheriff's Depar•t.ment, reviewed with the Council the proposed police contract for the City of Monticello for the year 1981. The proposed contract calls for an increase in the hourly fee from $11.50 to $12.50 per hour•, or an increase from 1980 in the amount of $76.912 annual charge to $83,400 for 1981. Motion was made by Phil White, seconded by Dan Blonigen and unanimously carried to approve entering into a Contr-aCt with the Wright County Sheriff's Department for police protection for the yedr 1981 in the total amount of S83,400. 3- 9 Council Minutes - 1218190 9. Discussion on Sanitary Interceptor Sewer Line Easement - John and Joan Bondhus. J As part of the Wastewater Treatment Plant upgrading, a large interceptor sewer line will be constructed from Washington Street near the railroad tracks, through the school district's property, then crossing over County Road 75 to the Wastewater Treatment Plant. The proposed route of the interceptor sewer line would require an casement from Bondhus Tool Corpora- tion to cross their northwest corner of their• property prior to the inter- ceptor sewer line crossing in a northerly direction towards the treatment plant. The original plans called for the sewer line to be laid on the south right-of-wiy of County Road 75 thus requiring a 10' temporary easement from the Bondhus Corporation, but it was recently found out that a large telephone cable is currently in the locatiun of the proposed sewer line, thus requiring additional easements from the Bondhus Corporation in order to install the sewer line in the original location. Mr. John Bondhus was not receptive to the additional temporary easement area and permanent casement on his property, and an additional route was established The new route established by the engineer would have the sewer line crossing County Road 75 west of the original location, but an additional temporary edsement would still be required 1 -ruin lar. Boodbus, as he also owns the property on the north side of County Road 75. In an effort to obtain this casement from Mr. Bondhus, Mr. Bondhus requested some concessions from the. City prior to the casement being given. These concessions included Lhdt the contractor or the City would be liable for any damage done to his ponds, including fish that would be destroyed, that trees would be planted J to replace those that have to be taken down, and finally that if and when a sewer line is placed along the south side of County Road 75 e,ctending past his Bondhus lool Corporation building, that he only he assessed for sewer improvements for the first approximately 500' of his property that would reach his building. Mr. Bondhus's concern was that his small triangular parcel on the south side of County Road 75 is approximately 1,141 feet lung, and that the easterly 650' of his parcel at the present time is not suited for any type of building or development, and requested that if the sever line is ever placed on this side of County Road 75, that he be eyempl from paying any assessments for the unusahle portion. Motion was made. by Dan Dlonigen, seconded by Knit haus and unanimously carried to enter into a legal dgreement that would defer on a Permanent basis any assessments against the easterly 650' of the present Bondhus Tool Corporation property until such time as this portion of his property would develop a structure that would require sewage utilities in exchange for• the necessary temporary easement on the north side of Highway 75 for the interceptor sewer line. The effect of this motion was that unless any building is developed on the easterly 650' that would require the actual use of sewage utilities, there would be no assessments levied in the future against. the Bondhus Corpora- tion, or owner of the property at that time. - 4 - Council Minutes - 12/8/80 4 10. Consideration of Purchasing Additional Truck - Public Works Department. John Simola, Public Works Director, reviewed with the Council his recom- mendation that the City consider purchasing an additional truck chassis in the year 1981. Mr. Simola indicated that the nee, truck, if purchased, would be used to replace the current 72 Chev truck, and that the box and plow attachments from the 72 Chev could be used on the new chassis, with the 72 Chev truck chassis being used by the City in the future for a new sewer jet cleaning machine, if purchased. Mr. Simola explained a five year plan the City has for replacing its current vehicles and acquiring new ones, and indicated that the new truck chassis is recommended for purchase either in 1981 or 1982. it was the consensus of the Council to table any action on this purchase for further review. 11. Line of Succession - Civil Defense Authority. Motion was made by Phil Whi te, seconded by Fran Fair and unanimously carried to adopt the following line of succession for Civil Defense command: { 1. Arve Grimsmo 2. Phil White 3. Fran Fair 4. Ken Maus 5. Dan Blonigen G. Civil Defense Dirrrtor 7. Dr.pu ty Civil Defense Director 8. County hoard Chairman Meeting% adjourned. Ricl. Wolfstel,ler Assistant Administrator RW/ns -5- 1 COUNCIL UPDATE January 12, 1981 Meeting, Commuter Parking Lot Thus for, the commuter parking lot has been well used, and the count has been approximately 50 cars. As a result, there appears to be only a handful of commuters that still use the downtown parking lots. Shortly, a sign will be erected in the downtown municipal parking lots indicating no commuters. Library Progress The architects are in the process of completing the plans and specifications for the new library, and these should be completed for approval by the City Council in February. It is expected that bids will be able to be let in March, with construction to start the first part of April. 11 i� MINUTES SPECIAL MEETING - MONTICELLO CITY COUNCIL December 2, 1980 - 7:00 P. M. Members Present: Arve Crimsmo, Dan Blonigen, Fran Fair, Ken Maus, Phil White. Members Absent: None The purpose of this meeting was to review and Set the salaries for 1981 for all non-union employees. After holding a brief review session with each non-union employee, except for Administrative Staff Clerical personnel, a motion was made by Ken Maus, seconded by Fran Fair to adopt the salary schedule as follows: EMPLOYEE MONTHLY SALARY X INCREASE Karen Manson $ 814 12.3 Walter Mack 1,579 11.8 Roger Mack 1,603 11.5 Mark lrmiter 1,858 11.5 Loren Klein 1,620 8.0 John Simola 1,992 11.6 Rick Wolfsteller 1,727 12.0 Cary Wicber 2,775 11.0 Voting in favor of this motion - Ken Maus, Fran Fair, Arve Crimsmo. Opposed - Phil White, Dan Blonigen. A motion was made by Fran Fair, seconded by Dan Blonigen and unanimously carried to establish a top rate for City Administrative Clerical personnel at a range of $5.90 - 6.20 per hour. Meeting adjourned. Car✓Wicber/, City Admin otrator CW/no 9 MINUTES SPECIAL MEETING - MONTICELLO CITY COUNCIL December G, 1980 - 7:00 A.M. Members Present: Arve Grimsmo, Dan Blonigen, Fran Fair, Phil White. Members Absent: Ken Maus Purpose of the meeting was to review the Civil Defense Plan with Loren Klein, Civil Defense Director, relative to the Emergency Training Exercises that would be taking place in the City of Mont' --cello on Dece:aber 17, 1980 and January 7, 1981. The December 17, 1980 exercise is to be a tabletop exer- cise with the January 7, 1981 drill a full-fledged exercise. Mr. Klein reviewed the role of the Council and the Mayor as it relates to the overall emergency plan. After review of the plan as it related to the Mayor and the Council, the meeting was adjourned. W a- 7 lel City Administrator GW/na so i_-.-'-=-- --�tBCeu..rFAHwrrM—IN�WNErlSgOh}TACSai"nl1y3_ �T,.r � Jem-_e`f� F. Powers, Chief Deputy _ 20 H.E. T�Npho.r� —�� �-1.� - qn.E �rP�M 8w, N0.68Z3aa0 r _� -_ -: .' Nero A716673 OARREL L-WOLFP �- iiC30 Z 1=__� a1md-11a 265-2533 Odene 972.292/ =--- •� Coketn 266-Fise`+t _ December 22, 1980 Honorable Mayor City Council Monticello, Minn. 55362 Gentlemen: Enclosed is the Sheriff's Law Enforcement report for the month of November, 1980. 552 hours of patrol service were contracted for during the period in which the following activities were tallied: 1 - Threats - cleared by mediation 1 - Theft of tools from trailer parked at construction site at the power plant 1 - Theft of bicycle - recovered the next day 1 - Vandalism - tires on vehicle flattened , 1 - No pay customer at Perkins - cleared by arrest 6 restitution made 1 - Theft of chain saw from garage 1 - Property damage - windshield busted out I - Criminal damage to property - 13 windows broken out at Oakwood School 1 - Theft of auto - recovered later in St. Paul 2 - Thefts of 3 bicycles 1 - Burglary at Monti Country Club - cleared by arrest 6 restitution ordered 1 - Burglary at Pinewood Clcmentary - nothing missing - door damaged I - Attempted theft - scared off 2 - Shoplifting at Snyder Drug - cleared by mediation 1 - Terroristic threats, assault 6 criminal damage to property - cleared by arrest 1 - Theft of fireball I - Theft of tire d rim from vehicle at Monti ford 1 - Soliciting without permit - left town 1 - Armed robbery at Poirier Drug - under investigation 1 - Criminal damage to property - tail light on car kicked in - cleared 6 restitution made 1 - Criminal damage to property - house egged 1 - Theft of traps 1 - Mailbox vandalism 1 - Arrest for misrepresentation of age I - Arrest for public nuisance 6 disorderly conduct _ _ _ Cou H �:tyne eo�mr =_-_ LO MINN At: � _ �L 7-,�, . Y. �r co° =Jamas F: Powan, Chief Deputy^ -='rte- •:_r - _ •�.� - - :�---_�_ �21tWw�Ema9wKyTN�pAo�.�-- _ ---r= -' Z'hla►E•maa�W:�i�: No:682�900- ---' �'NbwA738673 - - OARRfit4trMlOLFJ�C-=��Montl'u�b _Co295-25.13 untrsh'rm-_e72as2a coiom zsse9s9- -:T— Sheriff's _---- - Sheriff's report for tdonticello for November, 1980 continued: 1 - Arrest for bench warrant 1 - Property damage - vehicle damaged by another vehicle 1 - Criminal damage to property - sign at McDonald's tore down 10 - Citations issued for worthless cheeks 4 - Annoying phone calls - three were cleared I - Fire reported 2 - Harassment 1 - Prowler reported 4 - Animal complaints 1 - Alarm sounded 6 - Traffic complaints 7 - Suspicious circumstances 7 - Disturbances 6 public nuisance 2 - Possible drug abuse 1 - School bus violation 2 - Runaways - returned 1 - Recovered property 2 - Domestics 1 - Intoxicated person 1 Attempt. to locate - returned 104 - Car 6 subject checks 38 - Citizen aids 21 - Motorists warned 14 - Accidents investigated S - Open doors I - Repair tag issued 45 - Traffic tickets issued: 1 - Passing 1 - Careless driving 15 - Speed I - Driving after revocation 13 - Illegal parking 1 - Driving vhlie Intoxicated 3 - No insurance I - Erratic driving 2 - School bus stop violation 1 - Improper registration 2 Stop sign 1 - Driver license violation 1,,-,e-Fatlure to show tabs 2 - Mufflers /,Yours trul .,. /�`"'�/rte/��j�74 rrel{ V)olffi, Sh9riff Billing: For the month of November, 1980 -- $ 6,378.66 Monticello car handled 23 calls outsido the city limits. 26 calls were handled within the city by the county roving patrol during periods of time when the contract car was nut 6cheduled. This doe& not includo investigation or officer personnel time. QUARTERLY REPORT OF THE MONTICELLO FIRE DEPARTMENT President — Jim Maurice Vice President — Marn Flicker Secretary — Lee Trunnell Treasurer — Willard Anderson Chief — Paul Klein Joint Committeeman — Lee Trunnell Assistant Chief — Gordon Link Training Officer — Gene Jensen 1st Captain — David Kranz Asst. Training Officer — Ted Farnum 2nd Captain — George Liefert The following is a quarterly report of the Monticello Fire Department from Oct, 1, 1980 thru Dec. 31, 1980. There were 22 personal assists by the Chief andfor Assistant Chief. Also, assistance was given by volunteer firemen in the presentation of Township Fire Contracts. There were 15 fires which required 263 man hours. The average attendance at a fire was 18, During thu t,dst tiuve month period there wera 3 training xssions which required 57 man house. Tho average attendance at those (raining sessions was 19. Along with these training sessions, there were 2 additional training sessions on civil defense which requited 88 man hours and the average attendance at these sesssions was 17. Respectfully Submitted by, David B. Kranz f Reporter bj k 0 ANNUAL REPORT OF THE MONTICELLO FIRE DEPT. President — Jim Maurice Vice President — Marti Flicker Secretary — Lee Trunnell Treasurer — Willard Anderson Chief — Paul Klein Joint Committeeman — Lee Trunnell Assistant Chief — Gordon Link Training Officer — Gene Jensen 1st Captain — David Kranz Asst. Training Officer — Ted Farnum 2nd Captain — George Liefert The following is an anuual report of the Monticello Fire Department from Jan. 1, 1980 thru December 31, 1980. There were 78 personal assists by the Chief and/or Assistant Chief. Also assistance was given by volunteer firemen in the presentation of Township Fire Contracts. There were 72 fires which required 1698 man hours. The average attendance at a fire was 17. During the past year there were 12 training sessions which required 445 man huurs and an average attendance of 22 men. Also, there were 2 training sessions on civil defense which required 88 man hours and the average attendance at these sessions was 17. d+ The department manned a booth at Expo '80. We showed a film and served coffee at the booth. The department held an open house at the barn on June 14. The attendance improved over the last year and the departmynt dirt many demonstrations that day. Also, a Brownie Troop toured the fire barn on Sept. 30. Two men from the department gave the tour. Two men attended a L.P. Gas Burn demonstration held at Albertville. Four men attended sectional school at Brainerd on March 1.2 and seven men attended the sectional school at Duluth on April 26-7.7. Respectfully submitted, hy, David B. Kranz Reporter bilk CO:JSTRUCTIO PAYIXNT VOUCIIER 4 ESti nate Voucher No. 9 6 Final Bate: 29, .19tp For Period Ending: Final November 30. 1980 Project taumbers: 9— Class of Work: 'anitary Sewer, stater Main, Street.Pavinq a Appurtenant work City of Monticello to: Barbarossa S Sons Inc. 93rd 6 Zachary Lane N. Route 3 Osseo, Minn.. 55369 A. Original Contract Amount S 839,599.00 B. Total Additions $ 33,656.85 C. Total Deductions $ 5,655.00 D. Total Funds Encumbered S 867,600.85 E. Totdl Value of Work Certified to Date $ 837.383.90 F. Less Retained Percentage 0 $ $ 0.00 G. Less Total Previous Payments $ 819,175.73 H. Approved for Payment, this Report $ 18,208.17 _ I. Total Payments Including this Voucher $ 837,383.90 J. Balance Carried Forward $ 30,216.95 APPROVALS O.ZR-SCHELF.N-MAYEROV d 70SOCIATES. INC. .leas is to certify that the iters of work shown in the Statem.ent of t:ork P:c- forncd herein have been actually furnished for the above mentioned project ^_ accordance with the plans and saecifica tions heretofore approved ind that the total work is 100% completed as of Novem 5r 30, ,980 I hereby 1 recommend payment o—r —this voucher. / Signed Aalbaros;sa 6 S rr- Inc. This is to certify that to the best of my Y.nowledge, infomation, and belief, the quantities and values of work certified herein is a fair approximate est - in ate for the period covered by this voucher. DA to Signed by: Citv of Monticello t — 'Voucher Checked o,,,: IL Date: rt�l�r 068-3018 ;,.i,ruvcd for Payment: ,Authorized F:epras:ntative Date: Page 1 of 7 UNIT 8 HOW EQUIPPED 6 TYPE MODEL YEAR APPEARANCE CONDITION 1 Truck, wing, plow, sander 18001nt 1972 Fair -Poor 3 2 Truck, plow 1700Int 1975 Good 1 3 Truck, plow C-60Chev 1972 Fair 2 4 Loader (bucket) H-651nt 1971 Fair 4 5 Pickup F-250Ford 1975 Fair 2 6 Van C-20Chev 1974 Good 2 7 Loader (pesthole auger) Int .250U 1976 Fair 2 (scraper, debarker, mower) 8 Sweeper Elgin 1978 Fair l 10 Carden Tractor, mower b blower 400 J.1). 1976 Fnir 4 11 Truck, plow, wing 6 sander 1800 Inc. 1978 Good 1 12 Tractor (sickle mower) Int. Cub 1947 Fair 2 14 Chipper Asplundah 1975 Good 1 15 Carden Tractor, mower 107 Cub CadcL1970-1 Fair 2 16 Garden Tractor, mower,blower,4x4 Bolens244 1980 Good 2 20 Grader, v -plow, wing A -W Super200 1963 Fair 2 21 Packer DynaPacC608 1978 Fair 2 22 Plate Tamper Hamel ice 1979 Good I 23 Wood Splitter LaFont 1980 Good 1 24 Debarker Morbark 1980 Good 2 25 Liquid Sprayer Meyers IOOgal 1980 Good 1 M-37 Pickup Army 4x4 1951 Good 4 48 Air Compressor Smitli32-1565 1967 Poor 5 26 Bucket Machine, Loader WHP-PL 1966 FaIr 2 27 Bucket Machine, Pullin 91111-81) 1966 Fair 2 28 Rodding Machine RIHLS-2 1976 Good 2 29 Air Blower Homelite 6" 1971 Good 2 30 Mud Pump Homelite 3" 1973 Good 2 31 Pipe Punher Giant P11-31' Fair 2 32 Paint Striper BZI.inar 1976 Fair 3 33 Tar Pot Unknown Old Poor 2 CONDITION EXPLANATION 1 - Excellent - no known repairs needed, 2 - Soma minor repairs, appearance or adjuotmonta neoded. 3 - Several minor repairs or adjuutmenta, showing nigno of wear, possible roplaes. 4 - Major ropaira - ponnible replacement. 5 •• major ropaira - immediate replacement. IL If the items were purchased from the lowest quote, the following breakdown occurs: Akins Fire Equipment Chemical Suits $2,170 Helmets 60 Boots 195 Gloves 779 Hoods 6GO TOTAL $3,864 St. Cloud Fire Equipment Deluge Gun $1,365 Air Tanks 750 TOTAL $2,115 Continental Safety Smoke masks $1,240 $1,240 Davie Electronics Handheld Radios $1,622 Pagers 554 TOTAL $2,176 TOTAL EXPENDITURES REQUESTED FOR APPROVAL .59,395 IL Thv FOLLOWING ARE QUOTES OBTAINED FROM VARIOUS FIRE EQUIPRENT SUPPLIERS FOR SOME OF THE ITEMS INCLUDED IN THE 1981 FIRE FUND CAPITAL OUTLAY BUDGET 1981 BUDGET AY.INS FIRE ST. CLOUD FIRE CONTINENTAL DAVIS AUDIO ITEM AMOUNT EQUIPMENT EQUIPMENT SAFETY ELECTRONIC COMMUNICATION (2) Chemical Suits $2,000.00 1/ $1,085.00 ea. No price yet -- -- -- (1) Deluge Gun 2,000.00 1,475.00 $1,365.00 -- -- -- (2) Helmets 300.00 30.00 ea. 30.00 ca. -- -- -- (3) Boots 225.00 65.00 ea. 65.00 ca. -- -- -- (2) Smoke Masks 1,250.00 Unavailable Unavailable $ 620.00 ca. -- -- (6) Air Tanks 1,125.00 -- 125.00 ca. 210.00 ca. -- -- (2) Hand held Radios 1,800.00 J -- -- -- $1,622.00 $1,700.00 w/case 6 charger (2) Pagers 800.00 -- (30) Pair Gloves -- 778.50 -- -- -- -- (30) Hoods 660.00 -• -- -- -- TOTAL BUDGET AMOU14T $9,500.00