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01-23-12 CCCLAIMS LIST CITY COUNCIL MEETING JANUARY 23, 2012 TO: Tami Loff ITEM 3-1 Attached is the Claims List for the City Council. For more details, please refer to the check detail registers. CLAIMS REGISTER 01-11-2012 $ 10,669.57 Check # 51117 -# 51118 01-11-2012 $ 9,292.38 Check # 51119 -# 51123 01-18-2012 $ 78,921.82 Check # 51124 -# 51144 01-18-2012 $ 95,159.20* Check # 51145 -# 51173 VOIDED CHECKS *# 51116 $ 53.65 Wright County Recorder PAYROLL 01-11-2012 $ 33,426.31 WIRE TRANSFERS (BOND PAYMENTS) 01-13-2012 $ 4,650.00 Northland Trust Services 01-31-2012 $ 109,156.25 Northland Trust Services 01-31-2012 $ 183,502.50 US Bank ELECTRONIC PYMTS FOR JANUARY: Bldg Permit Surcharge $ 0.00 Century Link $ 275.50 Centerpoint Energy $ 2,801.20 Dept. of Revenue -Fuel Tax $ 198.24 (Dec) $ 81.48 (Jan) Dept. of Revenue -Sales Tax $ 968.00 (Dec) $ 420.00 (Jan) Elk River Utilities $ 2,290.85 Wright -Hennepin $ 12,071.63 Delta Dental $ 1,181.02 Total: $ 20,287.92 GRAND TOTAL $ 545,012.30 If you have any questions or if you would like to review this list further, please let me know. Sue Frisch Bookkeeper CITY OF OTSEGO 01/11/12 8:43 AM Page 1 *Check Summary Register© JANUARY 2012 Name Check Date Check Amt 10100 HANK OF ELK RIVER Paid Chk# 051117 COMDATA CORPORATION 1/11/2012 $16.55 DRY CLEAN SANTA SUIT Paid Chk# 051118 RUM RIVER CONTRACTING 1/11/2012 _ $10,653.02 SAFE ROUTES TO SCHOOL Total Checks $10,669.57 CITY OF OTSEGO 01/11/12 8:44 AM Page 1 *Check Detail Register© JANUARY 2012 Check Amt Invoice Comment 10100 BANK OF ELK RIVER Paid Chk# 051117+� -1/11/2012 COBORNS INC E 101-45250-440 Recreation Programming $16.55_ 122012 DRY CLEAN SANTA SUIT Total COBORNS INC X16 Rri -Paid Chk# 0511x18 " - 1 /11 %2012 RUM RIVER CONTRACTING E 203-45210-530 Improvements Other Than Bldgs $10,653.02 PAY #3 SAFE ROUTES TO SCHOOL Total RUM RIVER CONTRACTING $10,653.02 10100 BANK OF ELK RIVER $10,669.57 Fund Summary 10100 BANK OF ELK RIVER 101 GENERAL FUND $16.55 203 PARK DEVELOPMENT $10,653.02 - $10,669.57 CITY OF OTSEGO 01/11/12 8:49 AM Page 1 *Check Summary Register© JANUARY 2012 Name Check Date Check Amt 10100 BANK OF ELK RIVER Paid Chk# 051119 ALLIANCE BENEFIT GROUP HSA 1/11/2012 $1,573.30 PPE 1/7/12 CH DTD 1/11/12 Paid Chk# 051120 EDP OF WRIGHT COUNTY 1/11/2012 $2,382.10 2012 MEMBERSHIP DUES Paid Chk# 051121 ICMA RETIREMENT TRUST 1/11/2012 $675:00 PLAN #304185 Paid Chk# 051122 LORI JOHNSON -WARNER 1/11/2012 $83.34 JAN DEPOSIT - HSA ACCT #488-98 Paid Chk# 051123 PUBLIC EMPLOYEES RETIREME 1/11/2012 _ $4,578.64 #677600 PPE 1/11/12 Total Checks $9,292.38 CITY OF OTSEGO 01/11/12 8:50 AM Page 1 *Check Detail Register© JANUARY 2012 Check Amt Invoice Comment 10100 BANK OF ELK RIVER PaidChk# 051119 _ 1j11/2012 ALLIANCE BENEFIT GROUP �� _ _ __ E 250-42410-123 Health $83.34 E 101-43100-123 Health $500.04 E 101-41600-123 Health $250.02 G 101-21706 Hospitalization/Medical Ins $739.90 Total ALLIANCE BENEFIT GROUP $1,573.30 Paid Chk# 051120 1/11/2012 EDP OF WRIGHT COUNTY E 101-41100-801 CONTINGENCY $2,382.10 Total EDP OF WRIGHT COUNTY $2,382.10 '..,_, _1_ v,.,... -A -..._,.... - - -. _._...,�....�,.-..-.._.. Paid Chk#051121 �'1/11/2012 ICMA RETIREMENT TRUST G101-21705 Other Retirement $675.00 Total ICMA RETIREMENT TRUST $675.00 Paid Chk# 051122 1/11/2012 JOHNSON -WARNER, LORI (HSA) G 101-21706 Hospitalization/Medical Ins $83.34 Total JOHNSON -WARNER, LORI (HSA) $83.34 Paid Chk# 051123 1/11/2012 PUBLIC EMPLOYEES RETIREMENT FD E 602-49450-121 PERA $48.63 E 601-49400-121 PERA $48.64 E 250-42410-121 PERA $126.74 E 101-43100-121 PERA $1,143.42 E 101-41600-121 PERA $519.34 E 101-41400-121 PERA $572.13 G 101-21704 PERA $2,119.74 )tal PUBLIC EMPLOYEES RETIREMENT FD $4,578.64 10100 BANK OF ELK RIVER Fund Summary $9,292.38 10100 BANK OF ELK RIVER 101 GENERAL FUND $8,985.03 250 Comm. Dev. & Bldg Safety $210.08 601 WATER FUND $48.64 602 SEWER FUND $48.63 $9,292.38 PPE 1/7/12 CH DTD 1/11/12 PPE 1/7/12 CH DTD 1/11/12 PPE 1/7/12 CH DTD 1/11/12 PPE 1/7/12 CH DTD 1/11/12 2012 MEMBERSHIP DUES PLAN #304185 JAN DEPOSIT - HSA ACCT #488-98887 #677600 PPE 1/11/12 #677600 PPE 1/11/12 #677600 PPE 1/11/12 #677600 PPE 1/11/12 #677600 PPE 1/11/12 #677600 PPE 1/11/12 #677600 PPE 1/11/12 CITY OF OTSEGO 01/18/12 9:55 AM Page 1 *Check Summary Register© JANUARY 2012 Name Check Date Check Amt 10100 BANK OF ELK RIVER Paid Chk# 051124 BEAR ALARMS 1/18/2012 $1,068.75 BATTERIES Paid Chk# 051125 BOYER TRUCKS 1/18/2012 $56.28 WIPER ARM Paid Chk# 051126 CHET'S SHOES, INC. 1/18/2012 $127.00 BRAD B - SAFETY SHOES Paid Chk# 051127 CITY OF ALBERTVILLE 1/18/2012 $28,235.84 4TH QTR 2011 FIRE SVCS Paid Chk# 051128 CROW RIVER FARM EQUIPMEN 1/18/2012 $218.61 JET VAC SUPPLIES Paid Chk# 051129 DSS TOTAL HOME CENTER 1/18/2012 $168.81 LUNCH ROOM MICROWAVE Paid Chk# 051130 MN DNR ECO -WATERS 1/18/2012 $5,600.50 2011 FEE -PERMIT #2005-3146 Paid Chk# 051131 G & K TEXTILE LEASING SYSTE 1/18/2012 $748.49 MATS Paid Chk# 051132 GOPHER STATE ONE -CALL INC 1/18/2012 $87.10 LOCATE TICKETS Paid Chk# 051133 HAKANSON ANDERSON ASSOC 1/18/2012 $18,766.15 70TH ST (MARLOWE TO MF) Paid Chk# 051134 METRO WEST INSPECTION SVC 1/18/2012 $4,375.00 BLDG INSP SVCS - 87.5 HRS Paid Chk# 051135 MINNESOTA UNEMPLOYMENT 1 1/18/2012 $8,591.46 4TH QTR 2011 - #7993041 Paid Chk# 051136 MONTICELLO ANIMAL CONTROL 1/18/2012 $180.00 ANIMAL CONTROL Paid Chk# 051137 NAPA AUTO PARTS 1/18/2012 $279.59 THROTTLE BODY CLEANER Paid Chk# 051138 MONTICELLO NAPA 1/18/2012 $196.65 PRIMER, PAINT, HARDENER Paid Chk# 051139 NORTHLAND SECURITIES 1/18/2012 $1,900.00 2011 CONT DISCLOSURE REPORT Paid Chk# 051140 OHLIN SALES, INC. 1/18/2012 $2,032.76 POST DRIVE, ADAPTERS, VALVE KI Paid Chk# 051141 RICOH AMERICAS CORPORATIO 1/18/2012 $650.79 4TH QTR 2011 COPIES Paid Chk# 051142 SOFTRONICS, INC. 1/18/2012 $4,747.89 UTIL - LABOR Paid Chk# 051143 ZAHL-PES ROLEUM MAINT CO. 1/18/2012 $295.76 BATTERY -FUEL SYSTEM Paid Chk# 051144 ZARNOTH BRUSH WORKS INC 1/18/2012 _ $594.39 SWEEPER SUPPLIES Total Checks $78,921.82 CITY OF OTSEGO 01/18/12 9:56 AM Page 1 *Check Detail Register© JANUARY 2012 Check Amt Invoice Comment 10100 BANK OF ELK RIVER Paid Chk# 051124 1/18!2012 BEAR ALARMS E 602-49450-400 Repairs & Maint - Cont $106.88 3351 E 601-49400-400 Repairs & Maint - Cont $374.06 3351 E 204-41400-310 Miscellaneous $587.81 3351 Total BEAR ALARMS $1,068.75 Paid Chk# 051125 1/18/2012 BOYER TRUCKS BATTERIES BATTERIES PH #2 ALARM PANEL E101-43100-220 Repair/Maint Supply (GENERAL) $56.28 105301 R WIPER ARM Total BOYER TRUCKS $56.28 Paid Chk# 051126 1/18/2012 CHETS SHOES, INC. E 101-43100-227 Safety supplies $127.00 24560 BRAD B - SAFETY SHOES Total CHETS SHOES, INC. $127.00 Paid Chk# 051127 1/18/2012 CITY OF ALBERTVILLE E 211-42200-390 Contracted Services $28,235.84 20120001 4TH QTR 2011 FIRE SVCS Total CITY OF ALBERTVILLE $28,235.84 Paid Chk# 051128 1/18/2012 CROW RIVER FARM EQUIPMENT E 602-49450-209 JetVac supplies & expenses $218.61 151943 JET VAC SUPPLIES Total CROW RIVER FARM EQUIPMENT $218.61 Paid Chk# 051129 1/18/2012 DJ'S TOTAL HOME CENTER E101-43100-210 Operating Supplies (GENERAL) $29.88 58522 LUBRICANT, PROTECTANT E 101-41940-203 Other Supplies $138.93 _5_8.755 LUNCH ROOM MICROWAVE Total DJ'S TOTAL HOME CENTER $168.81 Paid Chk# 051130 1/18/2012 DNR WATERS E 601-49400-310 Miscellaneous $5,600.50 2011 FEE -PERMIT #2005-3146 Total DNR WATERS $5,600.50 Paid Chk# 051131 _1/18/2012 6_iK TEXTILE LEASING SYSTEM E 101-43100-225 Uniforms/Clothing Allowance $73.84 1043859275 UNIFORMS & MATS E 101-41940-390 Contracted Services $133.60 1043859276 MATS E 101-43100-225 Uniforms/Clothing Allowance $44.36 1043864197 UNIFORMS & MATS E 101-43100-225 Uniforms/Clothing Allowance $111.29 1043869064 UNIFORMS & MATS E 10141940-390 Contracted Services $133.60 1043869065 MATS E 101-43100-225 Uniforms/Clothing Allowance $44.36 1043873996 UNIFORMS & MATS E 101-43100-225 Uniforms/Clothing Allowance $73.84 1043878908 UNIFORMS & MATS E 101-41940-390 Contracted Services $133.60 1043878909 MATS Total G & K TEXTILE LEASING SYSTEM $748.49 28859 70TH ST (MARLOWE TO MF) Paid *Chk# 051132 1/18/2012 GOPHER STATE ONE -CALL INC E 250-42410-310 Miscellaneous $87.10 29599 LOCATE TICKETS Total GOPHER STATE ONE -CALL INC $87.10 Paid Chk# 051133 1/18/2012 HAKANSON ANDERSON ASSOC INC E 602-49450-302 Engineering Fees $1,010.63 28854 L1 BLK 1 PLEASANT CREEK FARMS E 101-41560-302 Engineering Fees $653.97 28855 BLOCK 78, OTSEGO TOWNSITE G 701-22465 GREAT RIVER CTR $940.40 28856 GREAT RIVER CENTRE G 701-22431 PLEASANT CRK 4TH $62.50 28857 PLEASANT CREEK 4TH E 101-41560-302 Engineering Fees $78.00 28857 REMINGTON COVES G 701-22269 BOONDOX BAR & GRILL $546.45 28857 BOONDOX E 101-41560-302 Engineering Fees $29.70 28857 INDUSTRIAL PARK ESCROW E 101-41560-302 Engineering Fees $705.50 28858 2011 MSAA E 403-43100-302 Engineering Fees $627.74 28859 70TH ST (MARLOWE TO MF) E 201-43100-302 Engineering Fees $357.50 28860 ROADWAY MGMT PROGRAM CITY OF OTSEGO 01/18/12 9:56 AM Page 2 *Check Detail Register© JANUARY 2012 E 250-42410-390 Contracted Services $4,375.00 _ BLDG INSP SVCS - 87.5 HRS Total METRO WEST INSPECTION SVC INC. $4,375.00 Paid Chk# 051135 1/18/2012 MINNESOTA UNEMPLOYMENT INS E101-41400-140 Unemployment Comp (GENERAL $7,514.00 7629714 4TH QTR 2011 - #7993041 E 250-42410-140 Unemployment Comp (GENERAL $1,030.00 7629714 4TH QTR 2011 - #7993041 E101-43100-140 Unemployment Comp (GENERAL $47.46 7629714 4TH QTR 2011 - #7993041 Total MINNESOTA UNEMPLOYMENT INS $8,591.46 Paid Chk# 051136 1/18/2012 -MONTICELLO ANIMAL CONTROL E 101-42710-390 Contracted Services Total MONTICELLO ANIMAL CONTROL ._..___._-..__,..--.._._ ._.._.-_.__.._.-___._ -.._.-_ Paid Chk# A. 051137 1/18/2012 NAPA OF ELK RIVER INC E 101-43100-220 E 101-45200-210 E 101-43100-220 E 101-43100-220 E 101-43100-220 E 101-43100-210 E 101-43100-240 E 101-43100-220 Repair/Maint Supply (GENERAL) Operating Supplies (GENERAL) Repair/Maint Supply (GENERAL) Repair/Maint Supply (GENERAL) Repair/Maint Supply (GENERAL) Operating Supplies (GENERAL) Small Tools/Equipment Repair/Maint Supply (GENERAL) Total NAPA OF ELK RIVER INC $180.00 604 $180.00 $67.31 596901 $17.60 597047 $35.24 597579 $33.65 597582 $33.54 597734 $7.89 598861 $37.36 599984 $47.00 600021 $279.59 Paid Chk# 051138 1/18/2012 NAPA OF MONTICELLO a ANIMAL CONTROL AG LAMP BLACK PAINT SANDER/WING LIGHTS AG LAMP TAIL LIGHT THROTTLE BODY CLEANER DISC/BACK PLATE ALTERNATOR BELT E 101-43100-210 Operating Supplies (GENERAL) $196.65 505234 PRIMER, PAINT, HARDENER Total NAPA OF MONTICELLO $196.65 Paid Chk# "65'1'-1`3-'-9'----1-/'1 1 8/20 , 1 . 511391/18/2012 NORTHLAND SECURITIES E 101-41600-430 Miscellaneous (GENERAL) $1,900.00 2815 2011 CONT DISCLOSURE REPORT Total NORTHLAND SECURITIES $1,900.00 Paid Chk# 051140 1/18/2012 OHLIN SALES, INC. E 101-43100-240 Small Tools/Equipment $2,032.76 240606 POST DRIVE, ADAPTERS, VALVE KIT Total OHLIN SALES, INC. $2,032.76 Paid Chk# 051141 1/18/2012 RICOH AMERICAS CORPORATION Check Amt Invoice Comment E 101-41560-302 Engineering Fees $1,508.72 28862 WETLANDS CONS ACT 1991 E 222-49490-302 Engineering Fees $2,690.52 28863 OTSEGO NPDES PHASE 11 E 101-41560-302 Engineering Fees $150.00 28863 OTSEGO NPDES PHASE II E 203-45210-302 Engineering Fees $35.75 28864 OTSEGO ELEM BIKE TRAIL E 203-45210-302 Engineering Fees $391.73 28865 SRTS BIKE TRAIL E 208-45210-302 Engineering Fees $150.00 28866 SPLASH PAD E 208-45210-302 Engineering Fees $189.06 28866 PRAIRIE PARK COMP PLAN E 101-41560-302 Engineering Fees $2,306.61 28867 MISC ENG E 601-49400-302 Engineering Fees $75.00 28867 MISC W/S E 250-42410-302 Engineering Fees $150.00 28867 PERMITS E 602-49450-302 Engineering Fees $952.23 28867 MISC W/S E 101-41560-302 Engineering Fees $643.00 28867 MISC GRADING & STORM SWR E 101-41560-302 Engineering Fees $799.95 28868 STAFF MEETINGS E 101-41560-302 Engineering Fees $304.46 28868 PUBLIC WORKS MTGS E 101-41400-348 Maps $2,356.46 28870 GOPHER ONE LOCATES E 101-41400-391 GIS Services $330.08 28871 GIS INFORMATION E 101-41560-302 Engineering Fees $190.84 28872 SIGN POLICY E 403-43100-302 Engineering Fees $529.35 28873 70TH ST (MF TO OAKWOOD) Total HAKANSON ANDERSON ASSOC INC $18,766.15 Paid Chk# 051134 1/18/2012 METRO WEST INSPECTION SVC INC. E 250-42410-390 Contracted Services $4,375.00 _ BLDG INSP SVCS - 87.5 HRS Total METRO WEST INSPECTION SVC INC. $4,375.00 Paid Chk# 051135 1/18/2012 MINNESOTA UNEMPLOYMENT INS E101-41400-140 Unemployment Comp (GENERAL $7,514.00 7629714 4TH QTR 2011 - #7993041 E 250-42410-140 Unemployment Comp (GENERAL $1,030.00 7629714 4TH QTR 2011 - #7993041 E101-43100-140 Unemployment Comp (GENERAL $47.46 7629714 4TH QTR 2011 - #7993041 Total MINNESOTA UNEMPLOYMENT INS $8,591.46 Paid Chk# 051136 1/18/2012 -MONTICELLO ANIMAL CONTROL E 101-42710-390 Contracted Services Total MONTICELLO ANIMAL CONTROL ._..___._-..__,..--.._._ ._.._.-_.__.._.-___._ -.._.-_ Paid Chk# A. 051137 1/18/2012 NAPA OF ELK RIVER INC E 101-43100-220 E 101-45200-210 E 101-43100-220 E 101-43100-220 E 101-43100-220 E 101-43100-210 E 101-43100-240 E 101-43100-220 Repair/Maint Supply (GENERAL) Operating Supplies (GENERAL) Repair/Maint Supply (GENERAL) Repair/Maint Supply (GENERAL) Repair/Maint Supply (GENERAL) Operating Supplies (GENERAL) Small Tools/Equipment Repair/Maint Supply (GENERAL) Total NAPA OF ELK RIVER INC $180.00 604 $180.00 $67.31 596901 $17.60 597047 $35.24 597579 $33.65 597582 $33.54 597734 $7.89 598861 $37.36 599984 $47.00 600021 $279.59 Paid Chk# 051138 1/18/2012 NAPA OF MONTICELLO a ANIMAL CONTROL AG LAMP BLACK PAINT SANDER/WING LIGHTS AG LAMP TAIL LIGHT THROTTLE BODY CLEANER DISC/BACK PLATE ALTERNATOR BELT E 101-43100-210 Operating Supplies (GENERAL) $196.65 505234 PRIMER, PAINT, HARDENER Total NAPA OF MONTICELLO $196.65 Paid Chk# "65'1'-1`3-'-9'----1-/'1 1 8/20 , 1 . 511391/18/2012 NORTHLAND SECURITIES E 101-41600-430 Miscellaneous (GENERAL) $1,900.00 2815 2011 CONT DISCLOSURE REPORT Total NORTHLAND SECURITIES $1,900.00 Paid Chk# 051140 1/18/2012 OHLIN SALES, INC. E 101-43100-240 Small Tools/Equipment $2,032.76 240606 POST DRIVE, ADAPTERS, VALVE KIT Total OHLIN SALES, INC. $2,032.76 Paid Chk# 051141 1/18/2012 RICOH AMERICAS CORPORATION CITY OF OTSEGO 01/18/12 9:56 AM Page 3 *Check Detail Register© JANUARY 2012 Check Amt Invoice Comment E 101-41400-413 Office Equipment Rentals $650.79 414247902 4TH QTR 2011 COPIES Total RICOH AMERICAS CORPORATION $650.79 Paid Chk# 051142 1/18/2012 SOFTRONICS, INC. E 601-49400-390 Contracted Services $87.50 2372 UTIL - LABOR E 101-41400-390 Contracted Services $851.72 2372 ADMIN - LABOR E 101-41400-201 Office Supplies and Expenses $273.60 2372 ADMIN - WINDOWS 7, POWER SUPPLY, CABLE E 250-42410-390 Contracted Services $100.00 2372 BLDG - LABOR E 250-42410-570 Office Equip and Furnishings $32.01 2372 BLDG - BATTERY E 101-43100-390 Contracted Services $175.00 2372 PW - LABOR E 602-49450-390 Contracted Services $87.50 2372 UTIL - LABOR E 601-49400-390 Contracted Services $19.99 2372 UTIL - CABLE E 602-49450-390 Contracted Services $19.99 2372 UTIL - CABLE E 101-41400-391 GIS Services $150.00 2372 GIS - LABOR E 101-41400-390 Contracted Services $276.72 2372 ADMIN IT- LABOR E 101-41400-201 Office Supplies and Expenses $2,298.86 2372 ADMIN IT - COMPUTER SYS, ROUTER, ETC. E 101-41600-390 Contracted Services $375.00 2372 FIN - LABOR Total SOFTRONICS, INC. $4,747.89 Paid Chk# 051143 1/18/2012 . ZAHL-PETROLEUM MAINT CO. E 101-43100-402 Repairs/Maint Buildings $295.76 175206 -IN BATTERY - FUEL SYSTEM Total ZAHL-PETROLEUM MAINT CO. $295.76 Paid Chk# 051144 1/18/2012 . ZARNOTH BRUSH WORKS INC E101-43100-210 Operating Supplies (GENERAL) $594.39 137021 -IN SWEEPER SUPPLIES Total ZARNOTH BRUSH WORKS INC $594.39 10100 BANK OF ELK RIVER $78,921.82 Fund Summary 10100 BANK OF ELK RIVER 101 GENERAL FUND $29,250.17 201 STREET PAVEMENT MANAGEMENT $357.50 203 PARK DEVELOPMENT $427.48 204 INSURANCE RESERVE $587.81 208 COMMUNITY FACILITIES FUND $339.06 211 Albertville Fire District $28,235.84 222 Citywide Stormwater(NPDES ll) $2,690.52 250 Comm. Dev. & Bldg Safety $5,774.11 403 COLLECTOR RDS (FORMERLY MSA) $1,157.09 601 WATER FUND $6,157.05 602 SEWER FUND $2,395.84 701 DEVELOPMENT ESCROWS FUND $1,549.35 $78,921.82 CITY OF OTSEGO 01/18/12 9:55 AM Page 1 *Check Summary Register© JANUARY 2012 Name Check Date Check Amt 10100 BANK OF ELK RIVER Paid Chk# 051145 ACME TOOLS 1/18/2012 $790.70 DEWALT TOOLS Paid Chk# 051146 AIRGAS NORTH CENTRAL 1/18/2012 $43.89 ACETYLENE/HAZMAT/OXYGEN Paid Chk# 051147 CITY OF OTSEGO 1/18/2012 $618.97 15501 83RD - IRRIG Paid Chk# 051148 CONSTRUCTION BULLETIN 1/18/2012 $161.00 AD FOR BIDS - 70TH (MF TO MARL Paid Chk# 051149 ENVENTIS TELECOM, INC. 1/18/2012 $566.55 TELEPHONE Paid Chk# 051150 FINKEN'S WATER CENTERS 1/18/2012 $60.85 BOTTLED WATER/SOLAR SALT Paid Chk# 051151 FORCE AMERICA DISTRIBUTING 1/18/2012 $40.30 MACK DUMP/PLOW KEY Paid Chk# 051152 GOPHER STATE ONE -CALL INC 1/18/2012 $100.00 ANNUAL FEE Paid Chk# 051153 GTS EDUCATIONAL EVENTS 1/18/2012 $510.00 MCFOA CONF - KATHY GROVER Paid Chk# 051154 HEALTH PARTNERS 1/18/2012 $6,204.60 FEBRUARY MEDICAL Paid Chk# 051155 HENRYS WATERWORKS, INC. 1/18/2012 $697.08 VALVE STEM EXTENSIONS Paid Chk# 051156 PAT LAUNDERVILLE 1/18/2012 $34.00 NORTHERN GREEN EXPO/PARKING Paid Chk# 051157 MENARDS 1/18/2012 $11.73 POWERLOCK TAPE Paid Chk# 051158 NEWMAN TRAFFIC SIGNS 1/18/2012 $586.96 SIGN MATERIAL Paid Chk# 051159 NOVA COMMUNICATIONS 1/18/2012 $7,603.20 3 YR (2012-2014) MAINT AGREEM Paid Chk# 051160 OFFICEMAX - A BOISE CO 1/18/2012 $191.15 OFFICE SUPPLIES Paid Chk# 051161 PERMITWORKS, LLC 1/18/2012 $2,118.74 ANNUAL BUSINESS LICENSE SFTWR Paid Chk# 051162 PITNEY BOWES 1/18/2012 $69.94 RED INK CARTRIDGE Paid Chk# 051163 SEARS COMMERCIAL ONE 1/18/2012 $516.28 TOOLS Paid Chk# 051164 BRAD SHERRILL 1/18/2012 $25.00 NORTHERN GREEN EXPO Paid Chk# 051165 TRYCO LEASING INC. 1/18/2012 $57.55 ESTUDIO 282 COPIER Paid Chk# 051166 VERIZON WIRELESS 1/18/2012 $97.22 LAP TOP SERVICE Paid Chk# 051167 KIMBERLY A. WELTER 1/18/2012 $110.00 LOGO CHANGES/WEBSITE WORK Paid Chk# 051168 WRIGHT CO MAYORS ASSOC. 1/18/2012 $150.00 2012 ANNUAL DUES Paid Chk# 051169 WRIGHT COUNTY AUDITOR -TRE 1/18/2012 $6.65 118-800-223101 QUITCLAIM DEED Paid Chk# 051170 WRIGHT COUNTY AUDITOR -TRE 1/18/2012 $72,895.00 JAN SHERIFF PATROL Paid Chk# 051171 WRIGHT COUNTY RECORDER 1/18/2012 $46.00 96TH ST EASEMENT VACATION Paid Chk# 051172 WRIGHT COUNTY RECORDER 1/18/2012 $46.00 #118-800-223101 QUIT CLAIM DEE Paid Chk# 051173 XCEL ENERGY 1/18/2012 $799.84 16575 61ST - WT #3 Total Checks $95,159.20 CITY OF OTSEGO 01/18/129:57 AM Page 1 *Check Detail Register© JANUARY 2012 Check Amt Invoice Comment 10100 BANK OF ELK RIVER Paid Chk# 051116 1/4/2012 WRIGHT COUNTY RECORDER E 101-41400-340 Recording Fees ($53.65) VOID CHECK #51116 Total WRIGHT COUNTY RECORDER ($53.65) Paid Chk# 051145 1/18/2012 ACME TOOLS E 101-45200-240 Small Tools/Equipment $812.08 1122266 DEWALT TOOLS E 101-45200-240 Small Tools/Equipment 1122270 DEWALT TOOLS Total ACME TOOLS _($21.38) $790.70 E101-43100-210 Operating Supplies (GENERAL) $43.89 105146777 ACETYLENE/HAZMAT/OXYGEN Total AIRGAS, INC. $43.89 Faid Chk# 051147 1/18/2012 CITY OF OTSEG_0__ ._ "__ ._.. E 101-45200-322 Utilities $6.41 6480 MASON - IRRIG E 101-45200-322 Utilities $6.41 10400 71ST - IRRIG E 101-45200-322 Utilities $6.41 15501 83RD - IRRIG E 101-45200-322 Utilities $6.41 5400 RANDOLPH - IRRIG E 602-49450-322 Utilities $146.37 5850 RANDOLPH - EAST WWTF E 602-49450-322 Utilities $304.72 7551 LANCASTER - WEST WWTF E 602-49450-322 Utilities $6.41 7551 LANCASTER -WEST WWTF E 602-49450-322 Utilities $6.41 7551 LANCASTER - WEST WWTF E 602-49450-322 Utilities $123.01 7551 LANCASTER -WEST WWTF E 101-45200-322 Utilities $6.41 11313 77TH - IRRIG Total CITY OF OTSEGO $618.97 Paid Chk# 051148 1%18/2012 CONSTRUCTION BULLETIN E 403-43100-351 Legal Notices Publishing $161.00 63494 AD FOR BIDS - 70TH (MF TO MARLOWE) Total CONSTRUCTION BULLETIN $161.00 Paid Chk# 051149 1/18/20126�rENVENTIS� E 101-41400-320 Telephone $141.64 TELEPHONE E 101-43100-320 Telephone $141.64 TELEPHONE E 250-42410-320 Telephone $283.27__ TELEPHONE Total ENVENTIS $566.55 Paid Chk# 051150 .. 1/18%2012 FINKEN'S WATER CARE E 101-41940-390 Contracted Services $60.85 BOTTLED WATER/SOLAR SALT Total FINKEN'S WATER CARE $60.85 Paid Chk# 051151 1/18/2012 FORCE AMERICA DISTRIBUTING LLC E101-43100-210 Operating Supplies (GENERAL) $40.30 1377086 MACK DUMP/PLOW KEY Total FORCE AMERICA DISTRIBUTING LLC $40.30 Paid Chk# 0511b2 1%18/2012A.m GOPHER STATE ONE -CALL INC -_.----.- E 101-41560-348 Maps $100.00 30842 ANNUAL FEE Total GOPHER STATE ONE -CALL INC $100.00 PaidChk# 0511531/18/2012 GTGTS EDUCATIONAL EVENTS E 101-41600-360 Education/Training/Conferences $255.00 MCFOA CONF - KATHY GROVER E 101-41400-360 Education/Training/Conferences $255.00 MCFOA CONF - TAMI LOFF Total GTS EDUCATIONAL EVENTS $510.00 Paid Chk# -051154- 1/18%2012 HEALTH PARTNERSw� E 101-41600-123 Health $1,098.30 FEBRUARY MEDICAL E 101-43100-123 Health $3,710.10 FEBRUARY MEDICAL E 250-42410-123 Health $347.90 FEBRUARY MEDICAL CITY OF OTSEGO 01/18/12 9:57 AM Page 2 *Check Detail Register© JANUARY 2012 Paid Chk# 051158 1/18/2012 NEWMAN TRAFFIC SIGNS Check Amt Invoice Comment E 101-41400-123 Health $1,048.30 FEBRUARY MEDICAL SIGN MATERIAL Total HEALTH PARTNERS $6,204.60 _$586.96 $586.96 Paid Chk# 051155 1/18/2012 HENRYS WATERWORKS, INC. Paid Chk# 051159 1!18/2012 � NOVA COMMUNICATIONS�vua�__,._._ E 601-49400-220 Repair/Maint Supply (GENERAL) 15.542 VALVE STEM EXTENSIONS Total HENRYS WATERWORKS, INC. _$697.08. $697.08 3 YR (2012-2014) MAINT AGREEMENT Paid Chk# 0511+56 1/18/2012 LAUNDERVILLE, PAT $7,603.20 E 101-41400-201 .... Paid Chk# 051160. _ E 101-43100-360 Education/Training/Conferences $34.00 NORTHERN GREEN EXPO/PARKING E 250-42410-201 Total LAUNDERVILLE, PAT $34.00 967812 Paid Chk# 051157 1/18/2012 MENARDS Office Supplies and Expenses $153.51 967812 OFFICE SUPPLIES E 101-43100-240 Small Tools/Equipment $11.7_3 32090 POWERLOCK TAPE TOOLS Total MENARDS 51171 $516.28 Paid Chk# 051158 1/18/2012 NEWMAN TRAFFIC SIGNS E 101-43100-393 Sign & Signal Mat'I Purchased Contracted Services T_I-0244024 SIGN MATERIAL ANNUAL PERMITS SFTWR SUPP Total NEWMAN TRAFFIC SIGNS _$586.96 $586.96 $603.18 1030 Paid Chk# 051159 1!18/2012 � NOVA COMMUNICATIONS�vua�__,._._ Total PERMITWORKS, LLC $2,118,74 E 101-41400-320 Te!ephone $7,603.20 56123 3 YR (2012-2014) MAINT AGREEMENT Total NOVA COMMUNICATIONS $7,603.20 E 101-41400-201 .... Paid Chk# 051160. _ _ .._..._._......._._..�.�.-.._...__ 1/18/2012 OFFICEMAX.-- _...,...a._....... RED INK CARTRIDGE E 250-42410-201 Office Supplies and Expenses $37.64 967812 OFFICE SUPPLIES E101-41400-201 Office Supplies and Expenses $153.51 967812 OFFICE SUPPLIES E 101-43100-240 Total OFFICEMAX $191.15 T763358 TOOLS Paid Chk# 051161 1/18/2012 PERMITWORKS, LLC E 250-42410-390 Contracted Services $1,515.56 1030 ANNUAL PERMITS SFTWR SUPP E 250-42410-390 Contracted Services $603.18 1030 ANNUAL BUSINESS LICENSE SFTWR SUPP Total PERMITWORKS, LLC $2,118,74 Paid Chk# 051162 1/18!2012 PITNEY BOWES E 101-41400-201 Office Supplies and Expenses $69.94 5501815607 RED INK CARTRIDGE Total PITNEY BOWES _ $69.94 Paid Ch' k# 051163 1/18/2012 SEARS COMMERCIAL ONE --- E 101-43100-240 Small Tools/Equipment $516.28 T763358 TOOLS Total SEARS COMMERCIAL ONE $516.28 Paid Chk# 051164 1/18/2012 SHERRILL, BRAD E 101-43100-360 Education/Training/Conferences $25.00 NORTHERN GREEN EXPO Total SHERRILL, BRAD $25.00 Paid Chk# 051165 1/18/2012 TRYCO LEASING INC. E101-43100-413 Office Equipment Rentals $57.55 ESTUDIO 282 COPIER Total TRYCO LEASING INC. $57.55 E 101-43100-320 Telephone $97.22 LAP TOP SERVICE Total VERIZON WIRELESS $97,22 Paid Chk# 05116f—)'ii 6/2–O'j WELTER, KIM E 101-41100-801 CONTINGENCY $110.00 LOGO CHANGES/WEBSITE WORK Total WELTER, KIM $110.00 Paid Chk# 051168 4 1!18/2012 WRIGHT CO MAYORS ASSOC. E101-41100-355 Dues & Memberships $150.00 2012 ANNUAL DUES CITY OF OTSEGO 01/18/12 9:57 AM Page 3 *Check Detail Register© JANUARY 2012 Check Amt Invoice Comment Total WRIGHT CO MAYORS ASSOC. $150.00 Paid Chk# 051169 1/18/2012 WRIGHT COUNTY AUDITOR -TREASURE E 101-41400-340 Recording Fees $6.65 _ 118-800-223101 QUIT CLAIM DEED tal WRIGHT COUNTY AUDITOR -TREASURE $6.65 Paid Chk# 051170 1/18/2012 WRIGHT COUNTY AUDITOR -TREASURE E 101-42100-390 Contracted Services $72,895.00 PATROL -12-1 JAN SHERIFF PATROL tal WRIGHT COUNTY AUDITOR -TREASURE $72,895.00 Paid Chk# 051171 1/18/2012 WRIGHT COUNTY RECORDER E 101-41400-340 Recording Fees $46.00 96TH ST EASEMENT VACATION Total WRIGHT COUNTY RECORDER $46.00 Paid Chk# 051172 1/18/2012 WRIGHT COUNTY RECORDER E 101-41400-340 Recording Fees $_46.00 $,118-800-223101 QUITCLAIM DEED Total WRIGHT COUNTY RECORDER $46.00 Paid Chk# 051173 1/18/2012 �XCEL ENERGY E 601-49400-322 Utilities $53.24 E 601-49400-322 Utilities $268.42 E 101-43160-322 Utilities $31.55 E 101-43160-322 Utilities $228.61 E 101-45200-322 Utilities $218.02 Total XCEL ENERGY $799.84 10100 BANK OF ELK RIVER $95,105.55 Fund Summary 10100 BANK OF ELK RIVER 101 GENERAL FUND $90,551.34 250 Comm. Dev. & Bldg Safety $2,787.55 403 COLLECTOR RDS (FORMERLY MSA) $161.00 601 WATER FUND $1,018.74 602 SEWER FUND $586.92 $95,105.55 5740 RANDOLPH - WELL #8 16575 61 ST - WT #3 16501 53RD - ST LIGHT RIVERPOINTE LIGHTS 5400 RANDOLPH ITEM 3-2 OTSEGO CITY COUNCIL MEETING OTSEGO CITY HALL JANUARY 9, 2012 7:00 PM Call to Order. Mayor Jessica Stockamp called the meeting to order at 7:00 PM. Roll Call: Mayor Jessica Stockamp; Councilmembers: Vern Heidner, Dan Scharber, Doug Schroeder and Tom Darkenwald. Staff: Lori Johnson, City Administrator; Tami Loff, City Clerk; Daniel Licht, City Planner; Ron Wagner, City Engineer and Andy MacArthur, City Attorney. Pledge of Allegiance: Mayor Stockamp led in the Pledge of Allegiance. 1. Open Forum. No one present. 2. Consider agenda approval. CM Heidner motioned to approve as written. Seconded by CM Scharber. All in favor. Motion carried. 3. Consent Agenda. (Non -controversial items. 3.1 Approve Claims List. 3.2 Approve December 12, 2011 City Council Meeting Minutes. 3.3 Approve December 12, 2011 Special City Council Meeting Minutes. 3.4 Approve 2012 Wright County Economic Development Partnership dues. 3.5 Approve Liability Insurance Renewal. 3.6 Approve Resolution 2012-01 Sign Policy. 3.7 Approve Resolution 2012-02 adopting official Newspaper. 3.8 Approve Resolution 2012-03 Establishing Depositories for City Funds. 3.9 Approve Resolution 2012-04 appointing Commissioners. 3.10 Approve Resolution 2012-05 reducing the interest rate of Mississippi Shores '6 th ,7th and 8th Addition assessments. 3.11 Approve Final Pay Estimate #3 for SRTS in the amount of $12,653.02 & work order. 3.12 Approve purchase of a Plow Truck. 3.13 Approve 2012 Garbage Hauler's Licenses. 3.14 Received minutes of the November 7, 2011 HPC Mtg. 3.15 Received minutes of the November 9, 2011 Parks & Rec Commission Mtg. 3.16 Received minutes of the November 15, 2011 Police Commission Mtg. CM Heidner motioned to approve. Seconded by CM Schroeder. All in favor. Motion carried. 4. Annual Business. 4.1 Appoint Acting Mayor (If the Mayor is absent.) CM Scharber motioned to appoint CM Vern Heidner. Seconded by CM Darkenwald. All in favor. Motion carried. 4.2 City Council Subcommittees & Liaison Appointment for 2012. CM Scharber motioned to approve. Seconded by CM Darkenwald. All in favor. Motion carried. City Council Meeting January 9, 2012. 5. Public Hearings: 5.1 Property Tax Abatement for commercial property -lots 3 & 4, Block 1, Mississippi Shores Sixth Addition. A. City Clerk attests to legal notice. B. Comments by City Attorney. C. Presentation. (Johnson) D. Public Comments. E. Close the Public Hearing. F. Approve Resolution 2012-06. City Clerk Loff attested that all the proper legal noticing has been completed. City Attorney MacArthur reviewed the process. City Administrator Johnson presented the staff report. The tax abatement assistance would be in the amount of $10,600 paid over three years; $4,000 in years one and two and up to $2,600 in year three. City Administrator Johnson said she received a comment from a property owner within this development who thanks the city for their efforts. Mayor Stockamp opened the Public Hearing at 7:06 PM. Hearing no comment Mayor Stockamp closed the Public Hearing at 7:07 PM. CM Darkenwald said this is related to the discussion we had with property owner and Ron Touchette correct. City Administrator Johnson said correct; the property owner which is the Bank of Elk River is agreeable. CM Scharber motioned to approve Resolution 2012-06 authorizing execution of a Tax Abatement Agreement. Seconded by CM Schroeder. All in favor. Motion carried. 5.2 Vacation of Drainaae & Utility Easement for a portion of a public riaht-of- way for 96th Street. A. City Clerk attests to legal notice. B. Comments by City Attorney. C. Presentation. (DDQ D. Public Comments. E. Close the Public Hearing. F. Approve Resolution 2012-07. City Clerk Loff attested that all the proper legal noticing has been completed. City Attorney MacArthur reviewed the process. City Planner Licht presented staff report. Mayor Stockamp opened the Public Hearing at 7:10 PM. Adair Rosenow, 13630 96th Street, asked what the timing is on this project. City Planner Licht said if approved it would be sent to the county for recording. The city also will need to find a realtor to market the properly. Mr. Rosenow asked if this road will remain a gravel road. City Planner Licht said yes. Mayor Stockamp closed the Public Hearing at 7:11 PM. CM Heidner said the on the map presented it shows the road as 97th Street. City Engineer Wagner said it should be 96th Street and he will correct it on the map. CM Scharber motioned to approve Resolution 2012-07 vacating existing right-of- way and approving dedication of street easement on property owned by the City of Otsego. Seconded by CM Darkenwald. All in favor. Motion carried. City Council Meeting January 9, 2012. 6. Public Works. 6.1 Beaudry Park Drainage. City Engineer Wagner presented the staff report. CM Scharber asked if Public Works will be doing the work on this project. Public Works Supervisor Belair said that is the intent but he will put together cost on materials and decide at that point. CM Darkenwald asked if this will be paid out of the Otsego Creek Improvement Fund. City Administrator Johnson said correct. CM Scharber motioned to approve. Seconded by CM Heidner. All in favor. Motion carried. 7. Community Development. 7.1 Park Donation Policv. City Planner Licht presented the staff report. CM Darkenwald asked if they have to be an Otsego resident. City Planner Licht said the policy is written to be an Otsego resident but we could change to say current or former resident. CM Heidner asked if the bench donation we received recently would have met these requirements. City Planner Licht said no. CM Darkenwald motioned to approve with changes to include current or former resident. Seconded by CM Schroeder. All in favor. Motion carried. 8. City Council Reports and Updates. No items. 9. Staff Reports and Updates. City Administrator Johnson said that the 194 Chamber State of the Cities meeting is Tuesday, January 31 at the St. Michael City Hall. CM Darkenwald will be attending in place of Mayor Stockamp if any other Council member would like to attend please let her know. City Administrator Johnson said also the Wright County Economic Development Partnership Annual meeting is January 20 at 7:30 AM. CM Darkenwald will be appointed to the Board. She encouraged Council members to attend. There was discussion on the new city website/city logo design. 10. Adjourn. CM Scharber motioned to adjourn. Seconded by CM Darkenwald. All in favor. Motion carried. Adjourned at 7:35 PM. ATTEST: Tami Loff, City Clerk Mayor Jessica Stockamp ITEM 3-3 SPECIAL MEETING CITY COUNCIL MEETING MONDAY, JANUARY 9, 2012 *6:00 PM OTSEGO PUBLIC WORKS FACILITY 1. Mayor Stockamp will call the meeting to order. Mayor Stockamp called the meeting to order at 8:17 PM. Roll call: Mayor Jessica Stockamp; Councilmembers: Vern Heidner, Doug Schroeder, Tom Darkenwald and Dan Scharber and Lori Johnson, City Administrator. 2. Long Range Planning. Administrator Johnson reviewed the November 28, 2011, long range planning discussion, the direction given, and the progress made on the Council directives. Administrator Johnson presented a list of proposed 2012 workshop topics and dates. The Council concurred with the scheduled meetings and topics. The unscheduled topics were discussed. Organized garbage collection was removed from the list as the Council members reiterated their previous direction to implement organized garbage collection. The Council directed Administrator Johnson to develop a staff organizational structure for Council review at an upcoming meeting. The ambulance/fire service item will be discussed when Steve Dittbenner, Ambulance Coordinator, is available. The Council agreed that a long range planning session was a high priority and directed Administrator Johnson to select a facilitator for a Saturday meeting in March or April. All agreed a weekday meeting starting in mid-afternoon going through the evening was a possibility if the Council had a two to three week notice. CM Darkenwald stated he would not be at the February 13 Council meeting for the CIP discussion. He will meet with staff to give his input. Discussion was held on staff organization and consulting services including the PeopleService Contract. Administrator Johnson will continue to evaluate the City's needs and report back to the Council. Discussion was held on the repairs needed at City Hall and the costs to build out the Public Works facility. The Council discussed the community value to converting the current City Hall to a Community Center. The City could not fund a new Community Center, but with the Public Works space available for City Hall staff, the City Hall could be converted to a Community Center at a fraction of the cost of a new building. The Community Center would house recreation activities including space for senior citizen activities. The public safety offices would move to the Community Center. There was discussion about the repairs currently needed at City Hall, including replacing the leaking roof, HVAC past its useful life, ADA improvements, and minor cosmetic improvements needed because of water damage. The Council directed Administrator Johnson to solicit bids to repair City Hall as discussed and to build out the Public Works facility office space. Special City Council Meeting January 9, 2012. Recreation services were discussed at length including the types of programs desired, the cost for 2012 and future years, and the type of recreation position needed to meet the City's recreation needs. Discussion ensued regarding adding other administration functions to a full time position. The Council directed Administrator Johnson to advertise for a part time recreation manager with the possibility of full time depending upon the qualifications. Pay to be contingent upon qualifications. Mayor Stockamp requested that an email be sent to the Park and Recreation Commission informing them of the Council's action. The Council briefly discussed computer updates and the computer use policy, Otsego Cemetery, and ownership if the Indian burial grounds in the River Place development. 3. Adjourn. CM Schroeder motioned to adjourned. Seconded by CM Darkenwald. All in favor. Motion carried. Adjourned at 11:15 PM. ATTEST: Lori Johnson, City Administrator Mayor Jessica Stockamp *immediately following the adjournment of the City Council meeting at 6:00 PM. 2 ITEM 3.4 OtCITY OF se o MINNESOTA TO: Otsego Mayor and City Council FROM: Sandy Lindenfelser, Special Licensing DATE: 01-23-12 RE: New Liquor License approval for CAP Financial LLC DBA Riverwood Inn & Conference Center. The $500 has been received and the background has been completed. Staff recommends waiving the $4,200 license fee due to the new license applied for is only because of a name change in the partnership. Actions: Motion to Approve Attachment: cc Lori Johnson, City Administrator and Tami Loff, City Clerk $.4,000.00 State of 9ilinnesota, County of Wright .Liquor License — "On Sale" No. 01-2012 W unicipality of Otsego PURSUANT TO APPLICATION THEREFOR, payment of a fee of $4,000.00, and upon investigation and satisfactory evidence of the qualification of the licensee ..... herein named to receive the same and that the place of sale hereinafter described is a proper and legal place therefore, LICENSE IS HEREBY GRANTED TO CAP Financial LLC DBA Riverwood Inn & Conference Center from the 23rd day of January, Year 2012 thru the 30' day of June Year 2012 TO SELL INTOXICATING LIQUORS as defined by law AT RETAIL ONLY FOR CONSUMPTION "ON THE PREMISES" described as 10990 95th Street NE, Otsego, MN 55362 IN THE MUNICIPALITY OF OTSEGO in said County and State, at which premises said licensee ... control(s) and operate(s) a CAP Financial LLC as defined by law; subject, however, to the laws of the United States, the laws of the state of Minnesota, the regulations and ordinances of said municipality, and the rules and regulations of the LIQUOR CONTROL COMISSIONER, relating to the sale and distribution of intoxicating liquors, hereby made a part hereof, and subject to revocation according to law for violation thereof. This license is non -transferable except by consent of the authority issuing the same. WITNESS THE GOVERNING BODY OF THE MUNICIPALITY OF OTSEGO and the seal thereof this 23rd day of January, Year 2012 Attest: Tami Loff, City Clerk The City Council of the City of Otsego Jessica Stockamp, Mayor $ 200.00 State of Minnesota, County of Wright SpecialSunday Liquor License — "On Sale" No. 01-2012 Municipality of Otsego PURSUANT TO APPLICATION THEREFOR, payment of a fee of $200.00, and upon investigation and satisfactory evidence of the qualification of the licensee..... herein named to receive the same and that the place of sale hereinafter described is a proper and legal place therefore, SPECIAL LICENSE IS HEREBY GRANTED TO CAP Financial LLC DBA Riverwood Inn & Conference Center from the 23rd day of January, Year 2012 thru the 30th day of June Year 2012 TO SELL INTOXICATING LIQUORS as defined by law AT RETAIL ONLY FOR CONSUMPTION "ON THE PREMISES" described as 10990 95th Street NE, Otsego, MN 55362 on Sundays as provided by Laws 1967, Chapter 691, IN THE MUNICIPALITY OF OTSEGO in said County and State, at which premises said licensee control(s) and operate(s) a CAP FINANCIAL LLC as defined by law, and which has facilities for serving not less than 30 guests at one time; subject, however, to the laws of the United States, the laws of the state of Minnesota, the regulations and ordinances of said municipality, and the rules and regulations of the LIQUOR CONTROL COMMISSIONER, relating to the sale and distribution of intoxicating liquors, hereby made a part hereof, and subject to revocation according to law for violation thereof. This license is non -transferable except by consent of the authority issuing the same. WITNESS THE GOVERNING BODY OF TH EMUNICIPALITY OF OTSEGO and the seal thereof this 23rd day of January , Year 2012 Attest: Tami Loff, City Clerk The City Council of the City of Otsego Jessica Stockamp, Mayor ITEM 3.5 Otsego Police Commission Minutes December 13, 2011 Present: Jason Warehime, Dana VanDenBerg, Joel Torkelson, Denise Andrusko John Hinnenkamp, Shawn Watson, Jessica Stockamp. Police Officer: Officer Pete Walker, Sgt Brian Johnson Meeting called to order at: 6:35 p.m. Informational Handouts reviewed- Received and reviewed. Agenda: APPROVED MINUTES from: November meeting- Approved OPEN FORUM (5 minute limit) / Law Enforcement Update: Mostly quiet. Very little Police/emergency calls. Nothing noteworthy to report. OLD BUISNESS: The Police Commission discussed the McGruff House Program at length. We went over the safety protocols and the number of Mc Gruff House's in Otsego and after reviewing this information the police commission voted to discontinue the McGruff program. The city will send out a letter to notify the current participant that the program is going to be discontinued and to turn in their Mc Gruff signs. We also discussed with Sgt Brian Johnson about neighborhood watch programs. We are hoping to replace the McGruff program with a neighborhood watch program. Sgt Brian Johnson is the contact person for Wright County 763-682-1162 if any resident of Otsego is interested in starting up a Neighbor Watch please contact him. NEW BUSINESS: Interviewed Police Commission Candidates: Meghan Anderson, Rob VanDenBerg. The Police Commission has approved Meghan and Rob (Alternate) as new members. New Commission assignments for 2012: Chair: Joel Torkelson, Co -Chair: Jason Warehime, Secretary: Dana VanDenBerg. Calendar of Events: Otsego View Submission Dates — Summer (May 6th), Fall (July 22), Winter (October 7) City Council Meeting Updates: • November 28, 2011- nothing to report • December 12, 2011— Snowmobile club updated the city council on the new signs they would like to put up on the trails. New trail along highway 101 which will give snowmobilers access to local business. City Council Meeting assignments: • January — Date was unknown at time of our meeting. Meeting Adjourned 8:05 ITEM 3-6 Otsego Heritage Preservation Commission December 13, 2011 Present: Toni Seroshek, Chris Wilson, Tom Constant, Gail Anderson Mayor Jessica Stockamp Chair Toni Seroshek called the meeting to order. Minutes of the last meeting were approved. Discussion ensued regarding the research Commissioners need to do on discovering the history of each Otsego Park so that we can choose appropriate historical descriptors on each sign. We decided that on Friday, January 6, 2012 at 9:30am the Commissioners will meet at the Wright County Museum in Buffalo and conduct relevant research. Chris will call the archivist/historian, Betty, to let her know we are coming. Commissioners Seroshek, Anderson and Wilson will visit Sarah Connett from Anoka on 7th Street two houses east of the post office (763 421-0710) at a time to be arranged by Gail. Sarah is the last living person to have lived in the MacDonald/Peavey House and we will record memories and scan photos. Commissioners discussed what is wanted on the new Otsego website including the material now onsite which would include: a paragraph about OHPC mission and vision and a list of Commissioners with contact information, OHPC historical books for sale, maps such as the OHPC historical sites map issued in 2010 and the Mississippi River map in 2011; a cemetery link which includes the updated records of burials' name and dates from the caretaker Harlan Rask (Tom Constant will contact Rask to get a list of updated burials since Elaine Norin's Cemetery book was published), and a list of our archived materials. We also will include a link to the MN Digital Library Minnesota Reflections which contains a digital copy of the Justice of the Peace records from 1880-1910 and a copy of an early map (possibly original) of the cemetery. We mentioned making maps interactive and possibly adding locations of historic sites which we originally had to cut due to space restrictions. Dr. Rothaus of Trefoil has responded to Dan Licht's letter saying that he will stop by when he can and observe the joist which Commissioner Chris Wilson saved from the MacDonald house and put in the Public Works garage. We wish to know if it changes his estimate of how old the original structure of the McDonald/Peavey house is. Toni also discussed checking the original contract to see when the deliverable reports from Dr. Rothaus are due (was it three months?) We may wish to discuss the adaptive reuse of the old schoolhouse/City Hall at the next meeting. We also will follow up on a data plan for the archival materials we possess. Next meeting is scheduled for Tuesday night, January 10, 7pm. Recorder: Gail Anderson 1Hakanson� 1■�Ancierson ITEM NO.: 3.7 BY: Ronald J. Wagner, City Engineer DATE: January 18, 2012 ITEM 3-7 REQUEST FOR COUNCIL ACTION RE: Supporting County Grant Applications BACKGROUND On January 4th Lori and I met with the Wright County Board to request their support for Otsego's 70th Street Region 7W Federal Funding application. We also discussed Otsego's desire to have 3 sections of CSAH added to the 5 year County Road Plan. The 3 road sections were: 1) CSAH 37 (TH 101 to Quaday Avenue) 2) CSAH 42 (TH 101 to 85th St) 3) CSAH 37 (Quaday Avenue to 1-94) The board agreed to support us on our application for Region 7W Federal Funding. The County Engineer stated the 1st 2 listed County projects were likely good candidates for a different funding source (Routes of Regional Significance) and asked if Otsego would pass resolutions in support of those. We stated we would bring those resolutions before council at the January 23rd Council Meeting. Attached are two resolutions showing Otsego's support for both or either proposed application and project. RECOMMENDATION Staff recommends approval. POSSIBLE ACTIONS A. Motion to approve. B. Motion to table. C. Motion to deny. C:\Users\TamMppData\Local\Microsoft\Windows\Temporary Internet Files\Content.Outlook\S8350OPE\ot901-2011 Item 3 7 Request for Action - Resolution of County Support (2).doc Page 1 of 1 CITY OF OTSEGO COUNTY OF WRIGHT STATE OF MINNESOTA RESOLUTION NO. 2012-10 RESOLUTION IN SUPPORT OF PROPOSED WRIGHT COUNTY PROJECT TO IMPROVE CSAH 37 FROM TRUNK HIGHWAY 101 TO QUADAY AVENUE WITHIN THE CITY OF OTSEGO WHEREAS, Wright County has proposed a project to make certain improvements to Wright County CSAR 37 from Trunk Highway 101 to Quaday Avenue within the City of Otsego; and WHEREAS, the section of CSAH 37 to be improved has recently been the location of a motorcycle accident fatality, has poor sight lines due to changes in grade, includes a two lane to four lane adjustment, and has experienced increases in traffic traveling over 55 miles per hour as well as over all higher traffic volumes; and WHEREAS, the existing conditions described above constitute a current and ongoing danger to public health, safety and welfare; and WHEREAS, the improvements proposed by Wright County will help alleviate the above described unsafe conditions. NOW THEREFORE BE IT RESOLVED by the City Council of the City of Otsego, Wright County, Minnesota as follows: 1. The City of Otsego supports the proposed Wright County project to make improvements to Wright County CSAH 37 between Trunk Highway 101 and Quaday Avenue within the City of Otsego. 2. The City of Otsego supports funding for this proposed Project through "Routes of Regional Significance" or any other funding source available to Wright County. ADOPTED this 23rd day of January, 2012 by the Otsego City Council. MOTION to adopt the resolution made by Council Member and seconded by Council Member IN FAVOR: OPPOSED: 0) CITY OF OTSEGO Vern Heidner, Acting Mayor Tami Loff, City Clerk CITY OF OTSEGO COUNTY OF WRIGHT STATE OF MINNESOTA RESOLUTION NO. 2012-11 RESOLUTION IN SUPPORT OF PROPOSED WRIGHT COUNTY PROJECT TO IMPROVE CSAH 42 FROM TRUNK HIGHWAY 101 TO 85" STREET WITHIN THE CITY OF OTSEGO WHEREAS, Wright County has proposed a project to make certain improvements to Wright County CSAH 42 from Trunk Highway 101 to 85th Street within the City of Otsego; and WHEREAS, the section of CSAH 42 to be improved includes an entrance to an elementary school on a fifty mile per hour curve with high traffic volumes and without a bypass or left hand turn lane into the school site; and WHEREAS, the existing conditions described above constitute a current and ongoing danger to public health, safety and welfare; and WHEREAS, the improvements proposed by Wright County will help alleviate the above described unsafe conditions. NOW THEREFORE BE IT RESOLVED by the City Council of the City of Otsego, Wright County, Minnesota as follows: 1. The City of Otsego supports the proposed Wright County project to make improvements to Wright County CSAH 42 between Trunk Highway 101 and 85d' Street within the City of Otsego. 2. The City of Otsego supports funding for this proposed Project through "Routes of Regional Significance" or any other funding source available to Wright County. ADOPTED this 23rd day of January, 2012 by the Otsego City Council. MOTION to adopt the resolution made by Council Member and seconded by Council Member IN FAVOR: OPPOSED: 2 CITY OF OTSEGO Vern Heidner, Acting Mayor Tami Loff, City Clerk ITEM 4.1 REQUEST FOk UUUNUL ACTION OtCITY OF Se O MINNESOTA TO: Otsego Mayor and City Council FROM: Gary Groen, Finance Director DATE: January 18, 2012 RE: Proposed Refinancing of the General Obligation Improvement Bonds, Series 2005B Background: Paul Donna of Northland Securities has provided the attached information regarding the opportunity to refinance the General Obligation Improvement Bonds, Series 2005B. The project refinances the entire bond issue through 2026 and replaces it with a new bond issue with a final maturity in 2021. The interest on the current bond issue ranges from 4.0 — 4.5% and is replaced with a bond issue with interest rates ranging from .80 — 1.75%. The projected savings from this refinancing opportunity is $200,689 with a net present value calculated at $137,806. The refunding bonds would be issued at a net interest cost of 1.348%. This calculation assumes the interest rates stay at the rates included in the analysis. The savings are substantial. The attached analysis assumes the City will contribute $350,000 towards the refinancing of the bond issue from the related debt service fund. There are sufficient monies in the related debt service fund as of December 31, 2011 as a result of the prepayment of the special assessments on the two existing buildings in the Waterfront East Development, the prepayment of special assessments from one of the businesses in Mississippi Shores and the payment of 2009 — 2011 property taxes and special assessments from the developer of the other undeveloped properties in Waterfront East. The attached cash flow for the project is also attached for your review. 2005B and 2007B are combined in the cash flow analysis because the 2007B issue financed the Quantrelle North portion of the Waterfront East development. Action Requested: • 1 am requesting the City Council approve resolution 2012 — 09 so that we may proceed with the refinancing of the 2005B bond issue and take advantage of the opportunity presented. Attachments: • Resolution 2012 — 09 Northland Securities refunding summary and related schedules Cash flow analysis prepared for the G.O. Improvement Bond, Series 2005B and 2007B 2 CERTIFICATION OF MINUTES RELATING TO GENERAL OBLIGATION CROSSOVER REFUNDING IMPROVEMENT BONDS, SERIES 2012A ISSUER: City of Otsego, Wright County, Minnesota BODY: City Council KIND, DATE, TIME AND PLACE OF MEETING: A regular meeting held on Monday, January 23, 2012, at 6:00 o'clock p.m., in City Hall. MEMBERS PRESENT: MEMBERS ABSENT: Documents Attached: Extract of Minutes of said meeting. RESOLUTION APPROVING THE ISSUANCE OF GENERAL OBLIGATION CROSSOVER REFUNDING IMPROVEMENT BONDS, SERIES 2012A I, the undersigned, being the duly qualified and acting recording officer of the public corporation issuing the obligations referred to in the title of this certificate, certify that the documents attached hereto, as described above, have been carefully compared with the original records of said corporation in my legal custody, from which they have been transcribed; that said documents are a correct and complete transcript of the minutes of a meeting of the governing body of said corporation, and correct and complete copies of all resolutions and other actions taken and of all documents approved by the governing body at said meeting, so far as they relate to said obligations; and that said meeting was duly held by the governing body at the time and place and was attended throughout by the members indicated above, pursuant to call and notice of such meeting given as required by law. WITNESS MY HAND officially as such recording officer on January , 2012. City Clerk EXTRACT OF MINUTES OF A MEETING OF THE CITY OF OTSEGO, WRIGHT COUNTY, STATE OF MINNESOTA HELD: Monday, January 23, 2012 Pursuant to due call and notice thereof, a regular meeting of the City Council of the City of Otsego, Wright County, State of Minnesota, was duly held on Monday, January 23, 2012, at 6:00 o'clock p.m. Member introduced the following resolution and moved its adoption: RESOLUTION 2012-09 RESOLUTION APPROVING THE ISSUANCE OF GENERAL OBLIGATION CROSSOVER REFUNDING IMPROVEMENT BONDS, SERIES 2012A BE IT RESOLVED by the City Council of Otsego, (herein, the "City"), Wright County, State of Minnesota as follows: 1. The City Council hereby finds and declares that it is necessary and expedient for the City Council to sell and issue its fully registered general obligation crossover refunding improvement bonds in the total aggregate principal amount of not to exceed $1,435,000 (herein, the "Bonds"). The proceeds of the Bonds will be used to crossover refund on December 1, 2014 the December 1, 2015 through December 1, 2026 maturities of the City's General Obligation Bonds, Series 2005B, dated December 1, 2005 and to pay the costs of the issuing the Bonds. 2. The City desires to proceed with the sale of the Bonds by direct negotiation to Northland Securities, Inc. (herein, "NSI"). NSI will purchase the Bonds in an arm's-length commercial transaction with the City. The City Administrator and the Finance Director are hereby authorized to approve the sale of the Bonds in an aggregate principal amount of not to exceed $1,435,000 and to execute a bond purchase agreement for the purchase of the Bonds with NSI, provided the total net savings meets the 3% savings test as set forth in Minnesota Statutes 475.67, subdivision 12. Upon approval of the sale of the Bonds by the City Administrator and the Finance Director, the City Council will take action at its next regularly scheduled meeting thereafter to adopt the necessary approving resolutions as prepared by the City's bond counsel 6. NSI is authorized to prepare and distribute an Official Statement related to the sale of the Bonds. 7. If the City Administrator and the Finance Director have not approved the sale of the bonds to NSI and executed the related bond purchase agreement by December 31, 2012, this resolution shall expire. The motion for the adoption of the foregoing resolution was duly seconded by Member , and upon vote being taken thereon, the following voted in favor thereof: and the following voted against the same: Whereupon said resolution was declared duly passed and adopted. City of Otsego Vern Heidner, Acting Mayor Attest: Tami Loff, City Clerk City of Otsego, Minnesota G.O. Refunding Bonds, Series 2012 2005B Table of Contents Report Refunding Summary 1 Debt Service Comparison 2 Debt Service Schedule 3 Debt Service To Maturity And To Call 4 Crossover Escrow Fund Cashflow 5 05bref 1 1 20056 1 1/16/2012 1 2:34 PM Northland Securities Public Finance F- I City of Otsego, Minnesota G.O. Refunding Bonds, Series 2012 2005B Refunding Summary Dated 04/01/2012 1 Delivered 04/01/2012 Sources Of Funds Par Amount of Bonds $1,435,000.00 Transfers from Prior Issue Debt Service Funds 350,000.00 Total Sources $1,785,000.00 Uses Of Funds Deposit to Crossover Escrow Fund 1,739,719.52 Total Costs of Issuance 41,395.00 Rounding Amount 3,885.48 Total Uses $1,785,000.00 Flow of Funds Detail State and Local Govemment Series (SLGS) rates for 1/11/2012 Date of OMP Candidates Crossover Escrow Fund Solution Method Net Funded Total Cost of Investments $1,739,719.52 Interest Earnings @ 0.289% 13,300.48 Total Draws $1,753,020.00 Issues Refunded And Call Dates 05bold 12/01/2014 PV Analysis Summary (Net to Net) Net PV Cashflow Savings @ 1.344%(Bond Yield) 483,920.83 Transfers from Prior Issue Debt Service Fund (350,000.00) Contingency or Rounding Amount 3,885.48 Net Present Value Benefit $137,806.31 Net PV Benefit / $1,705,000 Refunded Principal 8.082% Net PV Benefit / $1,435,000 Refunding Principal 9.603% Bond Statistics Average Life 6.653 Years Average Coupon 1.3482193% Net Interest Cost (NIC) 1.6037535% Bond Yield for Arbitrage Purposes 1.3443061% True Interest Cost (TIC) 1.6153166% All Inclusive Cost (AIC) 1.8075039% 05bref 1 1 20058 1 1/16/2012 1 2:34 PM Northland Securities Public Finance Page 1 I City of Otsego, Minnesota G.O. Refunding Bonds, Series 2012 2005B Debt Service Comparison Date Total P+1 PCF Existing D/S Net New D/S Old Net D/S Savings 12/01/2012 12,005.00 (12,005.00) 257,743.76 253,858.28 (92,256.24) (346,114.52) 12/01/2013 18,007.50 (18,007.50) 261,143.76 261,143.76 261,143.76 - 12/01/2014 18,007.50 (1,723,007.50) 1,959,143.76 254,143.76 254,143.76 0.00 12/01/2015 228,007.50 228,007.50 272,143.76 44,136.26 12/01/2016 221,327.50 221,327.50 264,143.76 42,816.26 12/01/2017 214,380.00 214,380.00 256,143.76 41,763.76 12/01/2018 217,180.00 217,180.00 262,893.76 45,713.76 12/01/2019 219,617.50 219,617.50 263,756.26 44,138.76 12/01/2020 211,677.50 211,677.50 254,193.76 42,516.26 12/01/2021 203,500.00 203,500.00 244,518.76 41,018.76 12/01/2022 - - 49,675.00 49,675.00 12/01/2023 - 47,875.00 47,875.00 12/01/2024 - 51,075.00 51,075.00 12/01/2025 - 49,050.00 49,050.00 12/01/2026 - 47,025.00 47,025.00 Total $1,563,710.00 (1,753,020.00) $2,478,031.28 $2,284,835.80 $2,485,525.10 $200,689.30 PV Analysis Summary (Net to Net) Gross PV Debt Service Savings ..................... 483,920.83 Net PV Cashflow Savings @ 1.344%(Bond Yield)..... 483,920.83 Transfers from Prior Issue Debt Service Fund...... (350,000.00) Contingency or Rounding Amount .................... 3,885.48 Net Present Value Benefit $137,806.31 Net PV Benefit / $1,871,919.68 PV Refunded Debt Service 7.362% Net PV Benefit / $1,705,000 Refunded Principal... 8.082% Net PV Benefit / $1,435,000 Refunding Principal., 9.603% Refunding Bond Information Refunding Dated Date 4/01/2012 Refunding Delivery Date 4/01/2012 05bref 1 1 20058 1 1/16/2012 1 2:34 PM Northland Securities Public Finance Page 2 I City of Otsego, Minnesota G.O. Refunding Bonds, Series 2012 2005B Debt Service Schedule Date Principal Coupon Interest Total P+I Fiscal Total 04/01/2012 - - - - 12/01/2012 - 12,005.00 12,005.00 12,005.00 06/01/2013 - 9,003.75 9,003.75 - 12/01/2013 - - 9,003.75 9,003.75 18,007.50 06/01/2014 - - 9,003.75 9,003.75 - 12/01/2014 - - 9,003.75 9,003.75 18,007.50 06/01/2015 - - 9,003.75 9,003.75 - 12/01/2015 210,000.00 0.800% 9,003.75 219,003.75 228,007.50 06/01/2016 - - 8,163.75 8,163.75 - 12/01/2016 205,000.00 0.950% 8,163.75 213,163.75 221,327.50 06/01/2017 - - 7,190.00 7,190.00 - 12/01/2017 200,000.00 1.100% 7,190.00 207,190.00 214,380.00 06/01/2018 - - 6,090.00 6,090.00 - 12/01/2018 205,000.00 1.250% 6,090.00 211,090.00 217,180.00 06/01/2019 - - 4,808.75 4,808.75 - 12/01/2019 210,000.00 1.400% 4,808.75 214,808.75 219,617.50 06/01/2020 - - 3,338.75 3,338.75 - 12/01/2020 205,000.00 1.550% 3,338.75 208,338.75 211,677.50 06/01/2021 - - 1,750.00 1,750.00 - 12/01/2021 200,000.00 1.750% 1,750.00 201,750.00 203,500.00 Total $1,435,000.00 - $128,710.00 $1,563,710.00 - Dated 4/01/2012 Delivery Date 4/01/2012 First Coupon Date 12/01/2012 First available call date Call Price - Bond Year Dollars $9,546.67 Average Life 6.653 Years Average Coupon 1.3482193% Net Interest Cost (NIC) 1.6037535% True Interest Cost (TIC) 1.6153166% Bond Yield for Arbitrage Purposes 1.3443061% Net Interest Cost 1.3482193% Weighted Average Maturity 6.653 Years 05bref 1 1 20058 1 1/16/2012 1 2:34 PM Northland Securities Public Finance Page 3 t City of Otsego, Minnesota G.O. Improvement Bonds, Series 2005B Debt Service To Maturity And To Call Refunded Interest to Date Bonds Call D/S To Call Principal Coupon Interest Refunded D/S Fiscal Total 06/01/2012 36,071.88 36,071.88 - 36,071.88 36,071.88 - 12/01/2012 36,071.88 36,071.88 4.000% 36,071.88 36,071.88 72,143.76 06/01/2013 36,071.88 36,071.88 - 36,071.88 36,071.88 - 12/01/2013 36,071.88 36,071.88 4.000% 36,071.88 36,071.88 72,143.76 06/01/2014 36,071.88 36,071.88 - 36,071.88 36,071.88 - 12/01/2014 1,705,000.00 36,071.88 1,741,071.88 4.000% 36,071.88 36,071.88 72,143.76 06/01/2015 - - 36,071.88 36,071.88 - 12/01/2015 200,000.00 4.000% 36,071.88 236,071.88 272,143.76 06/01/2016 - - 32,071.88 32,071.88 - 12/01/2016 200,000.00 4.000% 32,071.88 232,071.88 264,143.76 06/01/2017 - 28,071.88 28,071.88 - 12/01/2017 200,000.00 4.125% 28,071.88 228,071.88 256,143.76 06/01/2018 - - 23,946.88 23,946.88 - 12/01/2018 215,000.00 4.250% 23,946.88 238,946.88 262,893.76 06/01/2019 - - 19,378.13 19,378.13 - 12/01/2019 225,000.00 4.250% 19,378.13 244,378.13 263,756.26 06/01/2020 - - 14,596.88 14,596.88 - 12/01/2020 225,000.00 4.300% 14,596.88 239,596.88 254,193.76 06/01/2021 - - 9,759.38 9,759.38 - 12/01/2021 225,000.00 4.375% 9,759.38 234,759.38 244,518.76 06/01/2022 - - 4,837.50 4,837.50 - 12/01/2022 40,000.00 4.500% 4,837.50 44,837.50 49,675.00 06/01/2023 - - 3,937.50 3,937.50 - 12/01/2023 40,000.00 4.500% 3,937.50 43,937.50 47,875.00 06/01/2024 - - 3,037.50 3,037.50 - 12/01/2024 45,000.00 4.500% 3,037.50 48,037.50 51,075.00 06/01/2025 - - 2,025.00 2,025.00 - 12/01/2025 45,000.00 4.500% 2,025.00 47,025.00 49,050.00 06/01/2026 - - 1,012.50 1,012.50 - 12/01/2026 45,000.00 4.500% 1,012.50 46,012.50 47,025.00 Total $1,705,000.00 $216,431.28 $1,921,431.28 $1,705,000.00 - $573,925.10 $2,278,925.10 - Yield Statistics Average Life 7.520 Years Weighted Average Maturity (Par Basis) 7.520 Years Average Coupon 4.4762129% Refunding Bond Information Refunding Dated Date 4/01/2012 Refunding Delivery Date 4/01/2012 05bold I SINGLE PURPOSE 1 1/16/2012 1 2:34 PM Northland Securities Public Finance Page 4 I City of Otsego, Minnesota G.O. Refunding Bonds, Series 2012 2005B Crossover Escrow Fund Cashflow Date Principal Rate Interest Receipts Disbursements Cash Balance 04/01/2012 - 06/01/2012 - - 832.86 12/01/2012 8,670.00 0.060% 2,502.09 06/01/2013 6,505.00 0.100% 2,498.62 12/01/2013 6,509.00 0.170% 2,495.37 06/01/2014 6,513.00 0.250% 2,489.84 0.52 832.86 11,172.09 9,003.62 9,004.37 9,002.84 - - 12,005.00 9,003.75 9,003.75 9,003.75 0.52 833.38 0.47 0.34 0.96 0.05 12/01/2014 1,711,522.00 0.290% 2,481.70 1,714,003.70 1,714,003.75 - Total $1,739,719.00 - $13,300.48 $1,753,020.00 $1,753,020.00 - Investment Parameters Investment Model [PV, GIC, or Securities] Securities Default investment yield target Bond Yield Cash Deposit 0.52 Cost of Investments Purchased with Bond Proceeds 1,739,719.00 Total Cost of Investments $1,739,719.52 Target Cost of Investments at bond yield $1,692,159.91 Actual positive or (negative) arbitrage (47,559.61) Yield to Receipt 0.2889976% Yield for Arbitrage Purposes 1.3443061% State and Local Govemment Series (SLGS) rates for 1/11/2012 05bref 1 1 2005B 1 1/16/2012 1 2:34 PM Northland Securities Public Finance Page 5 City of Otsego Waterfront East/Mississippi Shores - 2005B Analysis of Debt Service Fund and Required City Contributions Revised After Mediation Settlement on May 24, 2011 Year Bonds 2005B 2007 Total Total Debt Service 2011 2007 Bonds 2012 253,858 115,000 2013 261,143 116,200 2014 254,144 112,200 2015 228,007 113,200 2016 221,327 104,000 2017 214,380 In Mediation 2018 217,180 2019 219,617 Column 2020 211,677 - 2021 203,500 ** 2022 - 2023 - 31,639 - 2024 - 89,107 2025 - 30,480 - 2026 - 86,251 2027 259,304 29,320 - Totals $ 2,284,833 $ 560,600 Special Assessments to be Collected GCl/WFE 2007 Bonds 2005 Bonds Total Mediation- Available 88th Str. Quantrelle Miss. Waterfront Assessment Mediation Interest Cash Cash (Friendship) (WFE) Shores East Collections Settlement Rate Adj. to Refunding Balance In Mediation (Only 1 payor) Column RTB - - ** 713,418 31,639 - 45,597 11,871 89,107 237,320 - 350,000 320,987 30,480 - 44,296 11,475 86,251 229,409 - 259,304 29,320 - 42,996 11,079 83,395 221,498 - 197,853 28,160 - 41,695 10,684 80,539 213,588 - 150,773 27,001 - 40,394 10,288 77,683 205,677 - 108,806 25,842 - 39,093 9,892 74,827 197,766 - 167,019 24,682 - 37,792 9,497 71,971 189,855 - 211,665 23,522 - 36,491 9,101 69,114 181,945 - 243,107 22,363 - 35,190 8,705 66,258 174,034 - 271,722 21,203 - 33,889 8,310 63,402 166,124 - 297,748 20,044 - 32,589 - 52,633 - - 350,381 18,884 - 31,288 - 50,172 - - 400,553 17,725 30,287 - 48,012 - - 448,565 28,686 28,686 - - 477,251 27,385 27,385 - 504,636 1,415 1,415 - 506,051 - - 506,051 $ 320,865 $ 549,083 $100,902 $ 970,850 $2,017,216 $ - The mediation settlement suggests the developer will pay all unpaid 2009, 2010 and 2011 special assessments. The assessments for 2011 and future years will be adjusted to a five percent interest rate. The settlement also suggests the developer will pay all taxes and special assessments (AND THEY HAVE) on a current basis going forward. This projection includes both the 2005 and 2007 improvement bond issues. No city-wide general property tax levy is necessary to finance this bond issue Special assessments prepaid on the two buildings in WIFE in December, 2010 plus Riverview Liquors (Reason for positive cash balance at 12/31/11)