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5/2/2022 - City Council - Regular - Agendas
CITY OF SPRING PARK CITY COUNCIL AGENDA MAY 2, 2022 - 7:00 PM SPRING PARK SPRING PARK CITY HALL On Lake 9Kinnetonka 1. CALL TO ORDER 2. PLEDGE OF ALLEGIANCE 3. ADOPT MEETING AGENDA 4. ADOPT CONSENT AGENDA* a. Approve Regular City Council Meeting Minutes from April 18, 2022 b. Approve Work Session Minutes from April 18, 2022 c. Resolution #22-11: Supporting Housing and Local Decision-Making Authority d. Running of the Bays Half Marathon on September 9, 2022 e. Tour de Tonka Bike Ride on August 6, 2022 5. PUBLIC FORUM** 6. PRESENTATIONS &GUEST SPEAKERS a. 2022 Bond Issue - Bruce Kimmel from Ehlers i. Review and Accept Executive Summary from Ehlers ii. Resolution #22-12 -Authorizing Sale of General Obligation Bonds iii. Review Tax Abatement bond authority 7. PUBLIC HEARINGS 8. PETITIONS. REQUESTS. &APPLICATIONS 9. ORDINANCES & RESOLUTIONS 10.REPORTS OF OFFICERS AND COMMITTEES a. Mayor &Council: b. City Staff: i. Administrator's Report ii. Approve Proposal from North Risk Partners - Liability, Employee Bond, No Fault Sewer,Workers Compensation, Property Damage iii. The Mulch Store - Yard Waste Reports for 2018, 2019, 2020, 2021 iv. City Administrator Interview Schedule c. Contract Staff: 11.NEW BUSINESS &COMMUNICATIONS 12.CLAIMS FOR PAYMENT a. May 2, 2022 Claims 13.UPCOMING MEETINGS &TRAINING a. May 10 - Special Meeting-Administrator Interviews -11:45PM b. May 11 - Planning Commission Meeting- 6:OOPM *The Consent Agenda lists those items of business which are considered to be routine,recommended for approval,and/or which need no discussion. The several separate items listed on the Consent Agenda are acted upon by one motion. There will be no separate discussion of these items unless a Council Member makes a request,in which event the item will be removed from the Consent Agenda and placed elsewhere on the regular agenda for Council discussion and action. ** Under Public Forum individuals may address the City Council about any item not contained on the regular agenda. Each speaker should keep their statements to three minutes to allow sufficient time for others.The Council will take no official action on items discussed at the forum,with the exception of referral to staff for future report. c. May 16 - Regular City Council Meeting - 7:OOPM d. May 16 - Work Session Meeting - 6:OOPM e. June 6 - Regular City Council Meeting- 7:OOPM 14.MISCELLANEOUS (INFORMATION ONLY) 15.ADJOURNMENT *The Consent Agenda lists those items of business which are considered to be routine,recommended for approval,and/or which need no discussion. The several separate items listed on the Consent Agenda are acted upon by one motion. There will be no separate discussion of these items unless a Council Member makes a request,in which event the item will be removed from the Consent Agenda and placed elsewhere on the regular agenda for Council discussion and action. ** Under Public Forum individuals may address the City Council about any item not contained on the regular agenda. Each speaker should keep their statements to three minutes to allow sufficient time for others.The Council will take no official action on items discussed at the forum,with the exception of referral to staff for future report. CITY OF SPRING PARK MV CITY COUNCIL MINUTES APRIL 18, 2022 - 7:00 PM SPRING PARK SPRING PARK CITY HALL On Lake Minnetonka 1. CALL TO ORDER The meeting was called to order at 7:00p.m. Mayor Jerome P. Rockvam and Council Member's Chase, Hughes, Hoffman, and Horton were pre- sent. Staff Present: Interim City Administrator Brimeyer, City Engineer Nielson, City Attorney Tietjen 2. PLEDGE OF ALLEGIANCE Mayor Rockvam led the audience in the Pledge of Allegiance. 3. ADOPT MEETING AGENDA Council Member Hughes motioned, being seconded by Council Member Horton to adopt the meeting agenda as amended adding the request from Back Channel to open 1 hour early on Sunday under 14. Miscellaneous. On vote being taken, the motion was unanimously approved. 4. ADOPT CONSENT AGENDA Council Member Horton motioned, being seconded by Council Member Hoffman to: a. Approve Regular City Council Meeting Minutes from April 4, 2022 b. Approve The Mulch Store Agreement for Yard Waste Disposal On vote being taken, the motion was unanimously approved. 5. PUBLIC FORUM - Robin Brigham asked about an update on the easement to crossover the Park property. Council advised her it is being addressed. 6. PRESENTATIONS &GUEST SPEAKERS -none 7. PUBLIC HEARINGS-none 8. PETITIONS, REQUESTS. &APPLICATIONS a. Back Channel -The Fast and the Beerious -Special Event Permit Council Member Hoffman motioned, being seconded by Council Member Horton, to approve the Spe- cial Event application for The Fast and the Beerious. On vote being taken, the motion was unani- mously approved. Council Proceedings April 18, 2022 Page 2 b. Back Channel -Sunset Sets-Special Event Permit Council Member Hoffman motioned, being seconded by Council Member Horton, to approve the Special Event application for Sunset Sets. On vote being taken, the motion was unanimously ap- proved. c. Back Channel -Artimer Markets -Special Event Permit Council Member Hoffman motioned, being seconded by Council Member Horton to approve the Special Event application for Artimer Markets. On vote being taken, the motion was unanimously approved. d. Back Channel - Run for a Reason -Special Event Permit Council Member Hoffman motioned, being seconded by Council Member Horton to approve the Special Event application for Run for a Reason. On vote being taken, the motion was unanimously approved. 9. ORDINANCES &RESOLUTIONS a. Resolution 22-10: MN DOT- Master Partnership Agreement Council Member Chase motioned, being seconded by Council Member Horton to approve the MN DOT Partnership Agreement. On vote being taken, the motion was unanimously approved. 10. REPORTS OF OFFICERS AND COMMITTEES a. Mayor&Council: none b. City Staff; i. Interim Administrator brought forward a reminder to Council of the meet- ing the following night to review the applicants for the City Administrator position. b. Contract Staff. Black Lake Road-Approve Construction Bid: City Engineer Nielson recommended Council accept the bid from New Look Contracting in the amount of $1,366,200.04. Mike said he will provide a schedule for construction at the May 2nd meeting once he receives back from the contractor. Mayor Rockvam motioned, being seconded by Council Member Hoffman to accept the bid for the Black Lake Road construction. Roll call: Chase -yes; Hoffman -yes; Horton -yes; Hughes -yes; Rockvam -yes. On vote being taken, the motion was unanimously approved. 10.NEW BUSINESS&COMMUNICATIONS -none 12. CLAIMS FOR PAYMENT a. April 18, 2022 -Claims for Payment Council Member Chase motioned, being seconded by Council Member Hughes to approve the claims for payment. On vote being taken, the motion was unanimously approved. Council Proceedings April 18, 2022 Page 3 13. UPCOMING MEETINGS &TRAINING - a. April 18 - Regular City Council Meeting- 7:OOPM b. April 18 -City Council Work Session -6:OOPM c. April 19 -Special City Council Meeting- 7:OOPM d. May 2 -Regular City Council Meeting- 7:OOPM 14. MISCELLANEOUS (INFORMATION ONLYI a. City Administrator Candidates - Draft Interview Schedule b. Back Channel- Request to Open 1 Hour Earlier on Sunday (addition to agenda) Council Member Hoffman motioned, being seconded by Council Member Horton to approve the re- quest from Back Channel for an earlier Sunday opening and directed staff to update the Ordinance as appropriate. On vote being taken, the motion was unanimously approved. 15. ADJOURNMENT There being no further discussion, Council Member Hoffman motioned, being seconded by Council Member Horton to adjourn the meeting at 7.17p.m. On vote being taken, the motion was unanimous- ly approved. Jamie Hoffman, City Clerk Jim Brimeyer, Interim City Administrator CITY OF SPRING PARK WORK SESSION MINUTES APRIL 18, 2022 — 6:00 PM SPRING PARK SPRING PARK CITY HALL On Lake Minnetonka (Work Session discussion times are approximate) 1. 6:00: Bond Issue: Timetable and Content: Brimeyer provided Council with a timetable for the Bond Issue for informational purposes. 2. 6:15: Sunset Drive —Lake Access: Interim Administrator Brimeyer brought forward discussion regarding the Sunset Lake Access. Brimeyer stated he reviewed the surveys and spoke with the head surveyor at Wenck Associates and based on his review and discussion, he believes none of them really show where the exact property lines are. He also stated the surveyor suggested we pick the best point to determine where the right-of-way property lines should be and go from there. Mayor Rockvam questioned if the lines showing on the survey were those that the City has been maintaining for the last 65 years. Council Member Hoffman questioned why we paid thousands of dollars for a survey (Wenck) that at the time they were told was a very in-depth & thorough survey and now they are being told it is wrong or lacks enough information to determine where the right-of-way property lines are. Discussion was had. City Attorney Tietjen stated that while she was aware of the discussion with Council last Fall and the decisions made at that time, she stated based on what she and Brimeyer had recently been told, there could be a possibility of legal action so it may be worth looking at a different solution. Hoffman stated we should be making the decision based on what is the right thing to do, not because of the threat of litigation. Tietjen and Brimeyer stated they wanted Council approval to meet with the homeowner on the North side. Hoffman stated they need to meet with both homeowners —North and South side. Rockvam agreed and clarified that regardless of what they negotiate with the property owner(s), the property right-of-way lines will remain 20 feet at Sunset Drive and 20 feet at the lake. Brimeyer and Tietjen agreed to conduct their meeting with the property owner(s) and update the City Council with the outcome of that discussion. 3. 6:25: The Yacht Club: City Planner Brixius provided an update on the Yacht Club development project per the Planning Commission meeting& discussion. He shared that there were still several issues and concerns on whether the developers plan will work. Concerns were raised regarding additional docks, lighting, and noise and nuisance issues. Brixius stated the multiple issues must be addressed before we can amend the code. 4. 6:35: Black Lake Rd/West Arm Drive: City Engineer Nielson provided an update on the bids for the Black Lake Road construction. He stated we received 1 bid from New Look Construction in the amount of $1,366,200.04 and suggested we accept the bid. Estimated start date is mid June, but that date depends on material availability. 5. 6:45: Park Lane: City Planner Brixius presented options along with an aerial photo & survey map to address the issue with the resident crossover at the corner of the Thor Thompson Park for the landlocked properties at 3861 & 3877 Park Lane. Brixius recommended granting an access easement over the street right-of-way and parkland limited to the two affected properties (it should not include 3893 Mapleton Avenue). The agreement should include the legal description for these properties as well as long-term private driveway maintenance language. There being no further discussion, the Council agreed to move forward with this recommendation. 6. 6:55: Back Channel: Request Approval to open at 11:00 on Sundays v. noon: Brimeyer presented request from Back Channel to open 1 hour earlier on Sunday's. Council did not have any issues with the request or amending the Ordinance. Staff will include an amended Ordinance at the next Council meeting. 7. 7:00: Adjourn — there being no further discussion the meeting was adjourned. CITY OF SPRING PARK SPRING PARK, MINNESOTA RESOLUTION #22-11 A RESOLUTION SUPPORTING HOUSING AND LOCAL DECISION-MAKING AUTHORITY WHEREAS, local elected decision-makers are in the best position to determine the health, safety, and welfare regulations that best serve the unique needs of their constituents; and WHEREAS, zoning regulation is an important planning tool that benefits communities economically and socially, improves health and wellness, and helps conserve the environment; and WHEREAS, local zoning regulation allows communities to plan for the use of land transparently, involving residents through public engagement; and WHEREAS, cities across the state are keenly aware of the distinct housing challenges facing their communities and they target those local housing challenges with available tools; and WHEREAS, multiple bills restricting local decision-making related to housing have been introduced in the 2021-2022 biennium. NOW,THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF SPRING PARK that this Council supports local decision-making authority and opposes legislation that restricts the ability for local elected officials to respond to the needs of their communities. LET IT ALSO BE RESOLVED that this Council supports housing policy that advances solutions to support full housing spectrum solutions, local innovation, incentives instead of mandates, and community-specific solutions throughout Minnesota. ADOPTED by the Spring Park City Council this day of 52022. CITY OF SPRING PARK Approved: Jerome P. Rockvam, Mayor Attest: Jamie Hoffman, City Clerk STAFF MEMO SPECIAL EVENTS TOUR DE TONKA BIKE RIDE SPRING PARK RUNNING OF THE BAYS '/2 MARATHON & On Lake 911innetonka 5K 1. BACKGROUND: Two Special Event permits were submitted to the City for approval. Tour de Tonka Bike Ride, which is scheduled for August 6, 2022, from 9:00a.m. to 12:00p.m., and Running of the Bays '/2 Marathon & 5K, which is scheduled for September 10, 2022, from 6:30a.m. to noon. The bike ride will consist of 42 miles and will travel through Spring Park via Three Rivers Park Regional Trail. The '/z marathon & 5K will consist of 13 miles (1/2 marathon) and 3 miles (5K) and will travel through Spring Park via city & county roads and the Three Rivers Park Regional Trail. 2. DISCUSSION: The request for bike rides or marathons over public property require a special event permit. The event organizers have submitted all necessary paperwork and maps per the permit application and will conform to all City rules related to parking and to stay within the allowed times and trail maps. They will also coordinate with the Mound Fire Department and Orono Police Department prior to the event to ensure that all necessary safety precautions have been taken. 3. FINANCIAL CONSIDERATIONS: All required permit & escrow fees have been received. 4. RECOMMENDED ACTION: Approval of Special Event (SPEV) permits #22-04 & #22- 05. May 2, 2022 PRE-SALE REPORT FOR City of Spring Park, Minnesota $2,120,000 General Obligation Bonds, Series 2022A ' EHLERS PUBLIC FINANCE ADVISORS Prepared by: Advisors: Ehlers Bruce Kimmel, Senior Municipal Advisor 3060 Centre Pointe Drive Rebecca Kurtz, Senior Municipal Advisor Roseville, MN 55113 BUILDING COMMUNITIES. IT'S WHAT WE DO. BUILDING COMMUNITIES. IT'S WHAT WE DO. info@ehlers-inc.com 1(800)552-1171 www.ehlers-inccom EXECUTIVE SUMMARY OF PROPOSED Proposed Issue: $2,120,000 General Obligation Bonds, Series 2022A Purposes: The proposed issue will fund City utility infrastructure and roadway improvements to Black Lake Road, wastewater lift station improvements, and electrical system improvements along portions of Black Lake Road and West Arm Road. • Utility Improvements: Debt service on the portion to the Bonds funding the Black Lake Road utility and roadway improvements, and lift station improvements, will be paid from City water and sewer system revenues. • Tax Abatement: Debt service on the portion to the Bonds funding the electrical system improvements will be paid from City tax abatements. The abatement mechanism in this situation is simply a designation of the City's overall property tax levy for the portion of paying this portion of the Series 2022A Bond debt service. Authority: The Bonds are being issued pursuant to Minnesota Statutes, Chapters 444, 469, and 475. Under the Tax Abatement authority in Chapter 469, the amount of property taxes abated (designated) in any year for the Bonds, together with any outstanding annual abatements, may not exceed 10% of the City's net tax capacity or $200,000, whichever is greater. Chapter 444 allows cities to issue debt without limitation as long as debt service is expected to be paid from water and sewer revenues. The Bonds will be general obligations of the City for which its full faith, credit and taxing powers are pledged. Term/Call Feature: The Bonds are being issued for a term of 16 years, 7 months. Principal on the Bonds will be due on February 1 in the years 2024 through 2039. Interest is payable every six months beginning February 1, 2023. The Bonds will be subject to prepayment at the sole discretion of the City on February 1, 2031 or any date thereafter. Bank Qualification: Because the City expecting to issue no more than $10,000,000 in tax exempt debt during the calendar year, the City will be able to designate the Bonds as bank qualified obligations. Bank qualified status broadens the market for the Bonds, which can result in lower interest rates. Rating: The City's most recent bond issues were rated by S&P Global Ratings. The current ratings on those bonds are "AA+". The City will request a new rating for the Bonds. Basis for Recommendation: The proposed Bond issue is the most cost-efficient means of achieving the desired improvement financing and is expected to yield the lowest possible interest cost while also preserving future prepayment flexibility. Moreover, the competitive sale approach described below is consistent with the City's historical debt issuance method, as well as best practices published by the Governmental Finance Officers Association. Method of Sale/Placement: We will solicit competitive bids for the purchase of the Bonds from underwriters and banks. We will include an allowance for discount bidding in the terms of the issue. The discount provides the underwriter with all or a portion of their compensation in the transaction. If the Bonds are purchased at a price greater than the minimum bid amount (maximum discount), the unused allowance may be used to reduce your borrowing amount. Premium Pricing: In some cases, investors in municipal bonds prefer "premium" pricing structures. A premium is achieved when the coupon for any maturity (the interest rate paid by the issuer) exceeds the yield to the investor, resulting in a price paid that is greater than the face value of the bonds. The sum of the amounts paid in excess of face value is considered "reoffering premium." The underwriter of the bonds will retain a portion of this reoffering premium as their compensation (or "discount") but will pay the remainder of the premium to the City. Review of Existing Debt: We have reviewed all outstanding indebtedness for the City and find that there are no refunding opportunities at this time. We will continue to monitor the market and the call dates for the City's outstanding debt and will alert you to any future refunding opportunities. Continuing Disclosure: Because the City has less than $10,000,000 in outstanding debt (including this issue) and this issue is over $1,000,000, the City will be agreeing to provide its Audited Financial Statements annually as well as providing notices of the occurrence of certain reportable events to the Municipal Securities Rulemaking Board (the "MSRB"), as required by rules of the Securities and Exchange Commission (SEC).The City is already obligated to provide such reports for its existing bonds, and has contracted with Ehlers to prepare and file the reports. Arbitrage Monitoring: The City must ensure compliance with certain sections of the Internal Revenue Code and Treasury Regulations ("Arbitrage Rules") throughout the life of the issue to maintain the tax- exempt status of the Bonds. These Arbitrage Rules apply to amounts held in construction, escrow, reserve, debt service account(s), etc., along with related investment income on each fund/account. The Bonds may qualify for one or more exception(s) to the Arbitrage Rules by meeting 1) small issuer exception, 2) spend down requirements, 3) bona fide debt service fund limits, 4) reasonable reserve requirements, S) expenditure within an available period limitations, 6) investments yield restrictions, 7) de minimis rules, or 8) borrower limited requirements. We recommend that the City review its specific responsibilities related to the Bonds with an arbitrage expert in order to utilize one or more of the exceptions listed above. Investment of Bond Proceeds: Ehlers can assist the City in developing a strategy to invest your Bond proceeds until the funds are needed to pay project costs. Other Service Providers: This debt issuance will require the engagement of other public finance service providers. This section identifies those other service providers, so Ehlers can coordinate their engagement on your behalf. Where you have previously used a particular firm to provide a service, we have assumed that you will continue that relationship. Fees charged by these service providers will be paid from proceeds of the obligation, unless you notify us that you wish to pay them from other sources. Our pre-sale bond sizing includes a good faith estimate of these fees, but the final fees may vary. If you have any questions pertaining to the identified service providers or their role, please contact us. Bond Counsel: Taft Stettinius & Hollister LLP Paying Agent: Bond Trust Services Corporation Rating Agency: S&P Global Ratings (S&P) Summary: The decisions to be made by the City Council are as follows: • Accept or modify the finance assumptions described in this report • Adopt the resolution attached to this report. PROPOSED DEBT ISSUANCE SCHEDULE Pre-Sale Review by City Council: May 2, 2022 Due Diligence Call to review Official Statement: Week of May 23, 2022 Distribute Official Statement: Week of May 23, 2022 Conference with Rating Agency: Week of May 23, 2022 Public Hearing and City Council Approval of Tax Abatement: June 6, 2022 City Council Meeting to Award Sale of the Bonds: June 6, 2022 Estimated Closing Date: June 30, 2022 Attachments Estimated Sources and Uses of Funds Estimated Debt Service Schedule Resolution Authorizing Ehlers to Proceed with Bond Sale EHLERS' CONTACTS Bruce Kimmel, Senior Municipal Advisor (651) 697-8572 Rebecca Kurtz, Senior Municipal Advisor (651) 697-8516 Emily Wilkie, Senior Public Finance Analyst (651) 697-8588 Alicia Gage, Senior Financial Analyst (651) 697-8551 City of Spring Park, Minnesota $2,120,000 General Obligation Bonds, Series 2022A Issue Summary Assumes Current Market BQ "AA+" Rates plus 50bps Total Issue Sources And Uses Dated 06/30/2022 1 Delivered 06/30/2022 Tax Utility Issue Abatement Improvements Summary Sources Of Funds Par Amount of Bonds $265,000.00 $1,855,000.00 $2,120,000.00 Total Sources $265,000.00 $1,855,000.00 $2,120,000.00 Uses Of Funds Total Underwriter's Discount (1.200%) 3,180.00 22,260.00 25,440.00 Costs of Issuance 5,875.00 41,125.00 47,000.00 Deposit to Project Construction Fund 255,000.00 1,790,000.00 2,045,000.00 Rounding Amount 945.00 1,615.00 2,560.00 Total US" $265,000.00 $1,855,000.00 $2.120,000.00 Series 2022A GO Bonds-P I Issue Summary 1 4/28/2022 1 9:46 AM � EHLERS PUBLIi. .ONCE ADVISORS City of Spring Park, Minnesota $2,120,000 General Obligation Bonds, Series 2022A Issue Summary Assumes Current Market BQ "AA+" Rates plus 50bps Debt Service Schedule Date Principal Coupon Interest Total P+I Fiscal Total 06/30/2022 - - - - - 02/01/2023 - - 38,317.01 38.317.01 38,317.01 08/01/2023 - - 32,687.50 32,687.50 - 02/01/2024 110,000.00 2.550% 32,687.50 142,687.50 175,375.00 08/01/2024 - - 31,285.00 31,285.00 - 02/01/2025 110,000.00 2.650% 31,285.00 141,285.00 172,570.00 08/01/2025 - - 29,827.50 29,827.50 - 02/01/2026 115,000.00 2.750% 29,827.50 144,827.50 174,655.00 08/01/2026 - - 28,246.25 28,246.25 - 02/01/2027 115,000.00 2.800% 28,246.25 143,246.25 171,492.50 08/01/2027 - 26,636.25 26,636.25 02/01/2028 120.000.00 2.850% 26,636.25 146,636.25 173,272.50 08/01/2028 - - 24,926.25 24,926.25 - 02/01/2029 120,000.00 2.950% 24,926.25 144,926.25 169,852.50 08/01/2029 - - 23,156.25 23,156.25 - 02/01/2030 125,000.00 3.000% 23,156.25 148,156.25 171,312.50 08/01/2030 - - 21,281.25 21,281.25 - 02/01/2031 125,000.00 3.050% 21,281.25 146,281.25 167,562.50 08/01/2031 - - 19,375.00 19,375.00 - 02/01/2032 130,000.00 3.100% 19,375.00 149,375.00 168,750.00 08/01/2032 - - 17,360.00 17,360.00 - 02/01/2033 135.000.00 3.150% 17.360.00 152,360.00 169,720.00 08/01/2033 - - 15,233.75 15,233.75 - 02/01/2034 140,000.00 3.200% 15,233.75 155,233.75 170,467.50 08/01/2034 - - 12,993.75 12,993.75 - 02/01/2035 145,000.00 3.250% 12,993.75 157,993.75 170,987.50 08/01/2035 - - 10,637.50 10,637.50 - 02/01/2036 150,000.00 3.300% 10,637.50 160,637.50 171,275.00 08/01/2036 - - 8,162.50 8,162.50 - 02/01/2037 155,000.00 3.350% 8.162.50 163,162.50 171,325.00 08/01/2037 - - 5,566.25 5,566.25 02/01/2038 160,000.00 3.400% 5,566.25 165.566.25 171,132.50 08/01/2038 - - 2,846.25 2,846.25 - 02/01/2039 165,000.00 3.450% 2,846.25 167,846.25 170,692.50 Total $2,120,000.00 - $658,759.51 $2,778,759.51 - Yield Statistics Bond Year Dollars $20,532.56 Average Life 9.685 Years Average Coupon 3.2083659% Net Interest Cost(NIC) 3.3322667% True Interest Cost(TIC) 3.3461130% Bond Yield for Arbitrage Purposes 3.1958694% All Inclusive Cost(AIC) 3.6304851% IRS Form 8038 Net Interest Cost 3.2083659% Weighted Average Maturity 9.685 Years Series 2022A GO Bonds-P I Issue Summary 1 4/28/2022 1 9:46 AM g'ZEHLERS City of Spring Park, Minnesota $265,000 General Obligation Bonds, Series 2022A Tax Abatement Debt Service Schedule Date Principal Coupon Interest Total P+I Fiscal Total 06/30/2022 - - - 02/01/2023 4,781.20 4,781.20 4,781.20 08/01/2023 - - 4,078.75 4,078.75 - 02/01/2024 15,000.00 2.550% 4,078.75 19,078.75 23,157.50 08/01/2024 - - 3,887.50 3,887.50 - 02/01/2025 15,000.00 2.650% 3,887.50 18,887.50 22,775.00 08/01/2025 - - 3,688.75 3,688.75 - 02/01/2026 15,000.00 2.750% 3,688.75 18,688.75 22,377.50 08/01/2026 - - 3,482.50 3,482.50 - 02/01/2027 15,000.00 2.800% 3,482.50 18,482.50 21,965.00 08/01/2027 _ - 3,272.50 3,272.50 02/01/2028 15,000.00 2.850% 3,272.50 18.272.50 21,545.00 08/01/2028 - - 3,058.75 3,058.75 - 02/01/2029 15,000.00 2.950% 3,058.75 18,058.75 21,117.50 08/01/2029 - - 2,837.50 2,837.50 - 02/01/2030 15,000.00 3.000% 2,837.50 17,837.50 20,675.00 08/01/2030 - - 2,612.50 2,612.50 - 02/01/2031 15,000.00 3.050% 2,612.50 17,612.50 20,225.00 08/01/2031 - - 2,383.75 2,383.75 - 02/01/2032 15,000.00 3.100% 2,383.75 17,383.75 19,767.50 08/01/2032 - - 2,151.25 _ 2,151.25 - 02/01/2033 15,000.00 3.150% 2,151.25 17,151.25 19,302.50 08/01/2033 - - 1,915.00 1,915.00 - 02/01/2034 15,000.00 3.200% 1,915.00 16,915.00 18.830.00 08/01/2034 - - 1,675.00 1,675.00 - 02/01/2035 20,000.00 3.250% 1,675.00 21,675.00 23,350.00 08/01/2035 - - 1,350.00 1,350.00 - 02/01/2036 20,000.00 3.300% 1,350.00 21,350.00 22,700.00 08/01/2036 - - 1,020.00 1,020.00 - 02/01/2037 20,000.00 3.350% 1,020.00 21,020.00 22,040.00 08/01/2037 - - 685.00 685.00 - 02/01/2038 20,000.00 3.400% 685.00 20,685.00 21,370.00 08/01/2038 - - 345.00 345.00 - 02/01/2039 20,000.00 3.450% 345.00 20,345.00 20,690.00 Total $265,000.00 - $81,66&70 $346,668.70 - Yield Statistics Bond Year Dollars $2,545.32 Average Life 9.605 Years Average Coupon 3.2085835% Net Interest Cost(NIC) 3.3335187% True Interest Cost(TIC) 3.3472882% Bond Yield for Arbitrage Purposes 3.1958694% All Inclusive Cost(AIC) 3.6341253% IRS Form 8038 Net Interest Cost 3.2085835% Weighted Average Maturity 9.605 Years Series 2022A GO Bonds-P I Tax Abatement 1 4/28/2022 1 9:46 AM g'ZEHLERS City of Spring Park, Minnesota $1,855,000 General Obligation Bonds, Series 2022A Utility Improvements Debt Service Schedule Date Principal Coupon Interest Total P+I Fiscal Total 06/30/2022 - - - - - 02/01/2023 - - 33.535.81 33,535.81 33,535.81 08/01/2023 - - 28,608.75 28,608.75 - 02/01/2024 95,000.00 2.550% 28,608.75 123,608.75 152,217.50 08/01/2024 - - 27,397.50 27,397.50 - 02/01/2025 95,000.00 2.650% 27,397.50 122,397.50 149,795.00 08/01/2025 - - 26,138.75 26,138.75 - 02/01/2026 100,000.00 2.750% 26,138.75 126,138.75 152,277.50 08/01/2026 - - 24,763.75 24,763.75 - 02/01/2027 100,000.00 2.800% 24,763.75 124,763.75 149,527.50 08/01/2027 - - 23,363.75 23,363.75 - 02/01/2028 105,000.00 2.850% 23,363.75 128,363.75 151,727.50 08/01/2028 - - 21,867.50 21,867.50 - 02/01/2029 105,000.00 2.950% 21,867.50 126,867.50 148,735.00 08/01/2029 - - 20,318.75 20,318.75 - 02/01/2030 110,000.00 3.000% 20,318.75 130,318.75 150,637.50 08/01/2030 - - 18,668.75 18,668.75 - 02/01/2031 110,000.00 3.050% 18,668.75 128,668.75 147,337.50 08/01/2031 - - 16,991.25 16,991.25 - 02/01/2032 115,000.00 3.100% 16,991.25 131,991.25 148,982.50 08/01/2032 15,208.75 15,208.75 02/01/2033 120,000.00 3.150% 15,208.75 135,208.75 150,417.50 08/01/2033 - - 13,318.75 13,318.75 - 02/01/2034 125,000.00 3.200% 13,318.75 138,318.75 151,637.50 08/01/2034 - - 11,318.75 11,318.75 - 02/01/2035 125,000.00 3.250% 11,318.75 136,318.75 147,637.50 08/01/2035 - - 9,287.50 9,287.50 - 02/01/2036 130,000.00 3.300% 9,287.50 139,287.50 148,575.00 08/01/2036 - - 7,142.50 7,142.50 - 02/01/2037 135,000.00 3.350% 7,142.50 142,142.50 149,285.00 08/01/2037 4,881.25 4,881.25 02/01/2038 140,000.00 3.400% 4,881.25 144,881.25 149,762.50 08/01/2038 - - 2,501.25 2,501.25 - 02/01/2039 145,000.00 3.450% 2,501.25 147,501.25 150,002.50 Total $1,855,000.00 - $577,090.81 $2,432,090.81 - Yield Statistics Bond Year Dollars $17,987.24 Average Life 9.697 Years Average Coupon 3.2083351% Net Interest Cost(NIC) 3.3320895% True Interest Cost(TIC) 3.3459467% Bond Yield for Arbitrage Purposes 3.1958694% All Inclusive Cost(AIC) 3.6299702% IRS Form 8038 Net Interest Cost 3.2083351% Weighted Average Maturity 9.697 Years Series 2022A GO Bonds-P I Utility Improvements 1 4/28/2022 1 9:46 AM g'*'%- EH1..ERS CITY OF SPRING PARK SPRING PARK, MINNESOTA RESOLUTION #22-12 RESOLUTION PROVIDING FOR THE SALE OF $2,120,000 GENERAL OBLIGATIONS BONDS, SERIES 2022A A. WHEREAS, the City Council of the City of Spring Park, Minnesota has heretofore determined that it is necessary and expedient to issue the City's $2,120,000 General Obligation Bonds, Series 2022A (the "Bonds"), to finance municipal utility, associated roadway, and electrical system improvements in the City; and B. WHEREAS, the City has retained Ehlers &Associates, Inc., in Roseville, Minnesota ("Ehlers"), as its independent municipal advisor for the Bonds in accordance with Minnesota Statutes, Section 475.60, Subdivision 2(9); NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Spring Park, Minnesota, as follows: 1. Authorization; Findings. The City Council hereby authorizes Ehlers to assist the City for the sale of the Bonds. 2. Meeting: Proposal Opening. The City Council shall meet at 7:00 PM on June 6, 2022, for the purpose of considering proposals for and awarding the sale of the Bonds. 3. Official Statement. In connection with said sale, the officers or employees of the City are hereby authorized to cooperate with Ehlers and participate in the preparation of an official statement for the Bonds and to execute and deliver it on behalf of the City upon its completion. ADOPTED by the City Council of the City of Spring Park this 2nd day of May 2022. CITY OF SPRING PARK Approved: Jerome P. Rockvam, Mayor Attest: Jamie Hoffman, City Clerk g%'*4EHLERS IN PUBLIC FINANCE ADVISORS MEMORANDUM TO: City of Spring Park, Minnesota FROM: Bruce Kimmel, Senior Municipal Advisor DATE: April 29, 2022 SUBJECT: Tax Abatement Portion of Proposed Series 2022A Bonds The City's anticipated issuance of General Obligation Bonds, Series 2022A will use different statutory authorities in financing (a) the Black Lake Road utility and roadway improvements, as well as the City's lift station improvements, and (b) the electrical system improvements along portions of Black Lake Road and West Arm Road. The City will use (a) the Chapter 444 General Obligation (G.O.) Utility Revenue Bond authority for the first category of projects, and (b) the Chapter 469 G.O. Tax Abatement Bond authority for the second category. The tax abatement portion will require a public hearing and plan approval, to occur on June 6, 2022, immediately prior to the Council's consideration and award of the winning Series 2022A Bond bid. There is no public hearing or plan required for the utility revenue portion of the Bonds. The tax abatement portion of the Bonds is required because the City has no other statutory option to finance the electrical system improvements with G.O. Bonds. The City will identify one or more parcels that generate more than enough City property taxes to cover the estimated $22,000 average annual debt service on the tax abatement portion of the Series 2022A Bonds. Designation as abatement parcels will not affect the tax treatment of, or impact on, these parcels in any way, as compared to any other taxable parcel in the City. In addition, this mechanism will not affect how the City actually levies future property taxes. The City will include the debt service on the tax abatement portion of the Bonds in the overall levy. Please contact me at bkimmel@ehlers-inc.com or (651) 697-8572 with any questions. Thank you. BUILDING COMMUNITIES. IT'S WHAT WE DO. info aehlers-inc.com 1 (800)552-1171 www.ehlers-inc.com SPRING PARK On Lake Minnetonka To: City Council From:Jim Brimeyer, Interim Administrator Subject: Council Meeting of May 2, 2022 Item 4.c This resolution is requested by the League of Minnesota Cities to support the local authority regarding zoning issues in the community 6.a Bruce Kimmel will be present at the meeting to discuss the proposed 2023 bond issue for Black Lake Rd Attached is the Executive Summary from Ehlers, Resolution #22-12 and a summary explaining Tas Abatement bonds It will be necessary for council to adopt the resolution authorizing the sale of the bonds. 10.b This is the proposal from the company that provides for the city insurances for general liability, employee bond, sewer backups, workers comp and property damage. 13.a The interview schedule for Administrator is attached. Would like an indication from council regarding participation and lunch confirmation. City of Spring Park 4349 Warren Avenue, Spring Park, MN 55384 Phone: (952) 471-9051 / Fax: (952) 471-9160 / Web: www.ci.spring-park.mn.us Commercial Insurance Proposal Presented to City of Spring Park 4349 Warren Avenue Spring Park, MN 55384 Proposed Effective Date: 3/16/2022 Presented by Collin Hardman ` NORTH RISK PARTNERS? North Risk Partners 2010 Centre Pointe Blvd. Mendota Heights, MN 55120 (651)379-7800 THIS DOCUMENT SUMMARIZES THE PROPOSAL FOR YOUR INSURANCE. THIS IS NOT A CONTRACT. THE TERMS OF THE POLICY FORMS WILL CONTROL THE INSURANCE CONTRACT WITHOUT REGARD TO ANY STATEMENT MADE IN THIS PROPOSAL. NORTH RISK PARTNERS` • We Are northriskpartners.com/about— Insurance Solutions for People and Business Our Locations North Risk Partners specializes in strategic insurance solutions for people and business.Our team helps clients face risk head on with right-fit insurance coverage and loss prevention resources.For businesses,we offer programming and compliance support in the areas of HR,safety,worksite wellness and more. Large Enough to Give You Options We are one of the largest,privately owned,independent insurance broker and risk advisory firms in the Midwest with over 400 employees and over 30 locations across five states.Our size allows us to offer more choices in our core areas of capability,including commercial insurance,surety bonds, employee benefits and personal insurance. Small Enough to Be Local We are committed to making a positive impact.Service to our clients,each other,and local communities is an important part of who we are. Are You Aware of All the Ways We Can Help? • • -s.t.nht.of;« o Personal Insurance Employee Benefits Commercial Insurance • Home • Farm& • Medical • FSA/HSA • Property • Business Agriculture Auto • Auto • Dental • HRA • General • Recreational Liability • Surety • Health Vehicles • Life/AD&D • COBRA Bonds • Workers' • Life • Umbrella • Disability • Online Comp • Umbrella/ Enrollment Excess We'd love to connect you with one of our personal insurance professionals for a complimentary coverage review. ,\ NORTH RISK PARTNERS 2 NORTH RISK PARTNERS' Value-Added Services ,., Empowering Resources,: 0 WE ARE COMMITTED TO FACE RISK HEAD ON by offering value-added services that help our clients prevent avoidable losses.We offer programming and compliance support in the areas of HUMAN RESOURCES, HEALTH AND SAFETY, andmore. Educational Events Resource Portals Professional Support Recent Events for Common Business Zywave Client Portal: • COVID-19 Vaccines:Considerations Challenges • Zywave Learning(Training for Employers" Videos) Human Resources • Marijuana in the Workplace' • OSHA Log Synergy Human Resources • Business Continuity and Disaster Plan • Interview Question Builders Recovery Federal Poster Advisor Health & Safety • HR Bootcamp"-In-person seminar • Integrated loss Control 'S•I•ct•vnt-ar.•Lg,bie for HRCI and SHRM cr•d- • COBRA Notices Generator Accessing Webinars Legal&Contract R•View InsurLink Client Portal To view our upcoming and past Hotline:(651) 379-7916 • View policy information webinars,go to Hellmuth&Johnson northriskn: S.com 1event; • Secure document sharing • Contract review • Contract creation Benchmarking Services Mod Master-Workers' Advisen-Coverage and premium Compensation analysis analysis,industry comparison • PREFERRED RATES Q + SPONSORSHIP Value-Added Services Hotline: (888) 667-4135 • OPPORTUNITIES AVAILABLE Human Resources: Health & Safety: Talk to your North Risk Partners • Hiring and terminating • Health and safety processes advisor for more information. processes • Fleet-specific safety and • Personnel recordkeeping compliance • Employee discipline • Lowering claims/loss experience NO COST TO YOU NORTH RISK PARTNERS' 3 NORTH RISK PARTNERS" ' • ANYWHERE , ANYTIME , ANY DEVICE We empower our clients by providing a convenient and secure electronic environment to access their insurance data,including the items listed below. EL6 View Policy IM Information Document Sharing Claims Resources Policies,Loss Runs,Endorsements SECURE DOCUMENT SHARING CLIENT PORTAL Secure Transfer of Manage Certificates of Insurance View and Print Auto Information ID Cards northriskpartners.com ,\ NORTH RISK PARTNERS' 4 YOUR TEAM Welcome to North Risk Partners! The service team assigned to manage your account is: Contact For: Collin Hardman Al Risk Advisor Coverage Questions Plymouth • General Questions/Concerns Phone:(763)398-4074 • P&C or Group Health Needs Fax:(763)398-4060 • Carrier or Value-Added Questions collin.hardman@northriskpartners.com Contact For: Tracy Haile, CISR, CIC General Questions Sr.Account Manager,Assoc. Dept. Supervisor • Mendota Heights • Endorsements/Certificates Phone: (651)379-7871 ,1'>k'r f • Coverage/Carrier Questions Fax:(651)379-7801 R. r Property&Casualty Miscellaneous tracy.haile@northriskpartners.com � �=,mot • Contact For: Vachelle Johnston, AIC Sr.Claims Administrator, Dept. Supervisor • Claims Reporting Mendota Heights • Claims Questions Phone:(651)379-7937 • Carrier Follow-Up Fax:(651)379-7801 • Claims Miscellaneous vachelle.Johnston@northriskpartners.com Any of these staff members will be pleased to assist you with your service needs. Your primary contact will be Tracy L. Haile. ,\ NORTH RISK PARTNERS' 5 City of Spring Park PREMIUM SUMMARY Insurer: League of Minnesota Cities Proposed Policy Term: 03/16/2022—03/16/2023 2021-2022 2022-2023 Line of Business Expired Premium Renewal Premium Property $9,510 $10,329 Inland Marine $666 $672 Municipal Liability $6,168 $5,924 Automobile Liability $79 $79 Bond — Employee Dishonesty $368 $368 Equipment Breakdown $1,156 $1,226 Excess Liability $2,261 $2,316 No Fault Sewer Back Up Limit $668 $673 First Party Cyber Included $971 Subtotal $20,876 $22,558 Workers Compensation $1,850 $1,563 Total Premium: $22,726 $24,121 Tort Limit $500,000/$1,500,000 ,\ NORTH RISK PARTNERS` 6 City of Spring Park PROPERTY Property Valuation Disclaimer: Building and personal property coverage limits are estimates only and were arrived at based on information provided by the policyholder and/or industry standard software used to estimate replacement costs.The actual cost to rebuild the structure or replace the personal property may exceed the policy limits,especially in circumstances where a catastrophic event has disrupted the normal supply of materials, labor,and resources.The agency makes no assurances or guarantees that the policy limits provided will be adequate to rebuild the structure or replace personal property. If there is doubt about the adequacy of the policy limits,the policyholder should obtain a professional appraisal or obtain the services of a qualified builder who is able to provide replacement cost estimates. Subject Amount Valuation Cause of Loss Deductible Total Insured Value 7,256,756 Replacement Cost Spec Inc Theft 250 EQUIPMENT BREAKDOWN Subject Amount Cause of Loss Deductible Equipment Breakdown Included Breakdown 250 PROPERTY ADDITIONAL INTERESTS Name Address City/State/Zip Interest Pitney Bowes Global Financial Services LLC 2225 American Drive Neenah,WI 54956 Loss payee FORMS INCLUDED, BUT NOT LIMITED TO Form No Edition Date Form Name ME063 11/2001 Definition of City Endorsement:Housing and Redevelopment Authority COMMERCIAL INLAND MARINE UNSCHEDULED EQUIPMENT Description Max Limit Per Item Amount of Insurance Deductible Any One Item Valued 250,000 Subject to 250 at$250,000 or Less Blanket TIV 86,977 FORMS INCLUDED, BUT NOT LIMITED TO Form No Edition Date Form Name BM212 11/2001 Exclusion of Certain Computer-Related Losses ,\ NORTH RISK PARTNERS' 7 City of Spring Park CRIME EMPLOYEE DISHONESTY/BOND Limit 250,000 Deductible 250 FORGERY OR ALTERATION Limit 250,000 Deductible 250 THEFT, DISAPPEARANCE & DESTRUCTION Sec 1-Inside the Premises Limit Included Inside Deductible 250 Sec 2-Outside the Premises Limit Included Outside Deductible 250 FIRST PARTY CYBER Limit 250,000 Deductible 250 ,\ NORTH RISK PARTNERS` 8 City of Spring Park GENERAL LIABILITY COVERAGE WRITTEN ON: Occurrence/Claims Made Claims Made No-Fault Sewer Back-Up Coverage:$25,000- Retro Date 05/07/2001. Coverage Information ME 066 Applies to: Housing and Redevelopment Authority- Retro Date 03/16/1995. COVERAGE DETAIL Coverage Descriptions Limits Deductible Products/Completed Ops Aggregate 3,000,000 250 Personal&Advertising Injury Included 250 Each Occurrence 2,000,000 250 Fire Damage Included 250 2,500 Per Person/ Medical Expense 10,000 Occurrence 250 Failure To Supply Claim Limit 3,000,000 250 EMF Claim Limit 3,000,000 250 Limited Contamination Liability Claim Limit 3,000,000 250 Land Use And Special Risk Litigation Limit 1,000,000 250 Outside Organization Claim Limit 100,000 250 System Security Breach Claim Limit 3,000,000 250 Sexual Abuse Claim Limit 3,000,000 250 Petrofund Supplemental-Reimbursement&Defense Costs: Each Tank/Aggregate 250,000 N/A SCHEDULE OF HAZARDS Description 21-22 Premium Basis 22-23 Premium Basis Expenditures 1,749,075 1,576,034 No Fault Sewer Back-up Coverage-$25,000 364 364 Land Use-#of Households 1,002 1,002 Sewer Backup-#of Sewer Connections 364 364 Employment-FTE's 3 3 ,\ NORTH RISK PARTNERS' 9 City of Spring Park BUSINESS A UTO COVERAGE SYMBOLS Liability 1 Uninsured Motorist 6 Underinsured Motorist 6 Personal Injury Protection 5 PHYSICAL DAMAGE DETAIL Comprehensive 2 Collision 2 Coverage Symbols: 1 -Any Auto 6-Owned Autos Subject To Compulsory U.M. Law 2-All Owned Autos 7-Autos Specified On Schedule 3-Owned Private Passenger Autos 8-Hired Autos 4-Owned Autos Other Than Private Passenger 9-Non-Owned Autos 5-All Owned Autos Requiring No-Fault Coverage COVERAGE LIMITS Description Limits Combined single limit 2,000,000 PIP-Basic Statutory Uninsured motorist combined single limit 200,000 Underinsured motorist combined single limit 200,000 HIRED/BORROWED PHYSICAL DAMAGE Coverage Limit Comprehensive Deductible Collision Deductible Hired Automobile Included 250 250 FORMS INCLUDED, BUT NOT LIMITED TO Form No Edition Date Form Name ME063 11/2001 Definition of City Endorsement: Housing and Redevelopment Authority NORTH RISK PARTNERS` 10 City of Spring Park DEFENSE COST REIMBURSEMENT COVERAGE WRITTEN ON: Occurrence/Claims Made Claims Made Retroactive Date 04/19/1994 Coverage Information Includes ME 063-Definition of City Endorsement: Housing and Development Authority COVERAGE DETAIL Coverage Descriptions Limits Annual Aggregate Per City Official 50,000 Agreement Term Annual Aggregate 250,000 ,\ NORTH RISK PARTNERS` 11 City of Spring Park EXCESS LIABILITY COVERAGE WRITTEN ON: Occurrence/Claims Made Claims Made Retroactive Date 03/16/1987 COVERAGE DETAIL Coverage Description Occurrence Limit Aggregate Limit Retention Amount Commercial Excess Liability 2,000,000 2,000,000 0 Higher Limits Are Available UNDERLYING POLICIES AUTO LIABILITY Combined Single Company Policy Number Eff Date Exp Date Limit League of Minnesota Cities CIVIC 1002011-6 3/16/2022 3/16/2023 2,000,000 GENERAL LIABILITY Prod&Comp Each Ops Pers& Company Policy Number Eff Date Exp Date Occurrence Aggregate Adv Injury League of Minnesota Cities CIVIC 1002011-6 3/16/2022 3/16/2023 2,000,000 3,000,000 Included EMPLOYERS LIABILITY Each Disease Policy Company Policy Number Eff Date Exp Date Accident Limit League of Minnesota Cities WC 1002009-6 3/16/2022 3/16/2023 1,500,000 1,500,000 ,\ NORTH RISK PARTNERS" 12 City of Spring Park WORKERS COMPENSATION EMPLOYERS LIABILITY Each Accident Limit 1,500,000 Disease-Policy Limit 1,500,000 LOCATIONS & CLASSIFICATIONS State Code Classification 21-22 Payroll 22-23 Payroll MN 8810 Clerical 225,000 225,000 MN 9411 Elected Or Appointed Officials 18,200 18,200 Subject to Audit MODIFICATION FACTORS Description 21-22 Mod Factor 22-23 Mod Factor Mod Factor 0.96 0.90 VOLUNTEER ACCIDENT PLAN COVERAGE DETAIL Coverage Description Limit Accidental Death Benefit Principal Sum 200,000 Permanent Impairment Benefit-Max Amount 200,000 Weekly Disability 900 Medical Benefit 2,500 Total Limit of Liability 500,000 NORTH RISK PARTNERS` 13 City of Spring Park BINDING REQUIREMENTS Items needed to Bind: 1. Signed Proposal Page COVERAGES TO CONSIDER, BUT NOT LIMITED TO Provide a Decline a Coverage in Quote Quote Force X Directors and Officers Liability Insurance X Employment Practices Liability Insurance X Commercial Crime Insurance Bonds(Commercial or Contract) X Pollution Liability- Petrofund: Reimb. Costs &Defense Each Tank Release: $250K X First Party Cyber—$250K; higher limits available if desired X Excess Liability-$2M; higher limits available if desired Flood Insurance Earthquake Insurance X Ordinance or Law Coverage-$250K for Demo and ICC X Professional Liability Life Insurance X Fiduciary Liability X Equipment Breakdown X Drone Coverage-$250K value and under included. Coverage For States Other Than Those Already Listed On The Proposal Higher Limits Are Available Subject To Underwriter Review I acknowledge that the above coverages have been offered to me, and I have either requested a formal quote or declined the additional coverages.I understand my rejection of these additional coverages may result in the denial of claims in the future. Named Insured: City of Spring Park Title: Signature: Date: NORTH RISK PARTNERS 14 City of Spring Park CLAIMS MADE POLICY INFORMATION Each claims made policy issued has individual coverages, policy conditions and exclusions. It is especially important to understand the conditions and requirements in the policy agreement for reporting claims. Each policyholder has rights,duties and responsibilities for claims that are explained within the policy itself. Not complying with your obligation to report a claim in the timely manner prescribed,admitting liability or assuming responsibility for a loss,or incurring claims expense not authorized may void coverage under this insurance contract. Extended Reporting Period If you decide to cancel this claims made policy form and do not replace it with another or are unable to obtain the same retroactive date for coverage,you may want to purchase an Extended Reporting Period. This endorsement would allow you an additional period of time to report claims that may result from Wrongful Acts committed during the period of time you did have coverage. There is an additional premium for the claim reporting extension and the premium in most cases is set forth in the policy contract. You have a limited time to notify the carrier of your intent to purchase the extension. Retroactive Date Coverage is provided under the policy for Wrongful Acts that occur after the Retroactive Date stated in the policy. Some policies will provide coverage for"full prior acts." Wrongful Acts that occur prior to the retroactive date of coverage will not be covered by this policy. Pending and Prior Litigation If you are aware of any pending or prior litigation at the time the policy is issued,those situations or claims will not be covered by this insurance. Often the policy will have a Pending and Prior Litigation date that usually will match the effective date of coverage. Your Application The application for coverage becomes a warranty. Everything stated in the application must be truthful and honest to the best of your knowledge at the time the application is completed. Failure to fully disclose information may void coverage under the contract. Your Duty to Report Claims and Incidents Within each policy you have a duty to report claims and incidents that could give rise to a claim. Claim is defined differently under each contract. Sometimes it is a written demand for money. It can be described as a written or oral demand for damages. Some policy forms include some coverage for administrative hearings. If you are worried about any situation it is important for you to call and report the claim or incident to the agency or the company as outlined in your policy. NORTH RISK PARTNERS 15 City of Spring Park ` NORTH RISK PARTNERS" Company Address Company: Be sure to include all names associated with the account (i.e.,DBAs,sister companies). City: State: Zip: North Risk Team Phone: Risk Advisor(P/C): Do you perform operations in multiple states? Account Manager(P/C): Office Location: Q Yes O No If so, list the states where you must comply with Risk Advisor(Benefits): state mandated regulations. Account Manager(Benefits): Office Location: SIC ID Contact 1 LMS Training Administrator: ❑ Industry Name: O Accommodation&Food Services O Manufacturing Title: O Administrative&Support&Waste O Mining,Quarrying, Email: Mgmt& Remeditation Services Oil&Gas Extraction O Ag.,Forestry,Fishing&Hunting O Other Services Line of business: ❑ P/C ❑ Benefits ❑ Personal O Arts,Entertainment&Recreation O Public Administration Contact 2 LMS Training Administrator: ❑ O Construction O Real Estate,Rent/Lease O Educational Services Q Retail Trade Name: O Finance&Insurance O Transportation& Title: Warehouse 0 Health Care/Social Services 0 Utilities Email: O Information O Wholesale Trade Line of business: ❑ P/C ❑ Benefits ❑ Personal O Mgmt of Companies&Enterprises Contact 3 LMS Training Administrator: 1-1Number of Employees O Company has zero employees Q 101-250 Name: Q 1-20 O 250-500 Title: Q 21-50 O 500+ Email: Q 51-100 Line of business: ❑ P/C ❑ Benefits ❑ Personal Customize Your Service Contact 4 LMS Training Administrator: ❑ Select all that apply. ❑ My company is subject to Dept.of Transportation Name: (DOT)Compliance. Title: ❑ My company has an HRA. Email: ❑ My company has a self-funded medical plan. Line of business: ❑ P/C ❑ Benefits ❑ Personal ❑ My company is interested in wellness programs. ,\ NORTH RISK PARTNERS' 16 The Mulch Store - City of Spring Park Totals - 2018-2021 240 transactions Jan - Dec 18 Qty Parts Brush -< 6- CY (Brush -< 6-CY) 161.00 Mixed B/YW-Ncmpctd-CY (Mixed B/YW-Ncmpctd-CY 474.00 Yd Wst-Bagged-EA(Yd Wst-Bagged-EA) 420.00 Total Parts 1,055.00 250 transactions Jan - Dec 19 Qty Parts Brush -< 6- CY (Brush -< 6- CY) 222.25 Lake weeds (Lake weeds) 3.00 Mixed B/YW-Ncmpctd-CY (Mixed B/YW-Ncmpctd-CY 472.00 Yd Wst-Bagged-CY (Yd Wst-Bagged-CY) 68.25 Yd Wst-Bagged-EA(Yd Wst-Bagged-EA) 535.25 Total Parts 1,300.75 348 transactions Jan - Dec 20 Qty Parts Brush -< 6- CY (Brush -< 6-CY) 168.50 Mixed B/YW-Ncmpctd-CY (Mixed B/YW-Ncmpctd-CY 509.38 Yd Wst-Bagged-EA(Yd Wst-Bagged-EA) 1,582.00 Total Parts 2,259.88 327 transactions Jan - Dec 21 Qty Parts Brush -< 6 - CY (Brush -< 6-CY) 83.75 Mixed B/YW-Ncmpctd-CY (Mixed B/YW-Ncmpctd-CY 519.25 Yd Wst-Bagged-EA(Yd Wst-Bagged-EA) 1,371.00 Total Parts 1,974.00 Page 1 of 1 Spring Park City Administrator/Treasurer Interview Schedule May 10, 2022 Time Item 9:15 a.m. Staff arrives at the Spring Park City Hall to attend brief orientation 9:30-10:30 a.m. Coffee with Staff (written feedback will be obtained by DDA Staff to relay to Council after interviews) 10:30-11:30 a.m. City Tour provided by DJ and Corey _ 11:45 a.m. Lunch with Staff (Council is invited, but not required) 12:30 p.m. Council arrives at City Hall to attend brief orientation 12:45 p.m. Panel Interviews with City_ Council See Below) 4:05 p.m. Feedback is shared from staff interaction 4:15 p.m. Deliberations and Decision Panel Interviews with City Council Location: Spring Park City Hall Council Chambers, Council Setting CandidateTime Ji 12:45 p.m. Nicholas Johnson 1:35 Mike Anderson 2:25 John Pederson 3:15 Rozlyn Tousinant L If a consensus is reached, Council to take formal action in the form of a motion. The motion is "to offer the position of the Spring Park City Administrator/Treasurer to and negotiate the terms of employment with " This action allows the Council to designate a negotiating team and terms to eliminate the need for additional Council meetings. The final terms of employment would be officially acted upon at a future Council meeting. City of Spring Park 05/02/2022 Staff/Council Payroll Checks#32793-32809 and EFT Payments Check# Employee/Council Name Check Amount Check Date 5893 Hoffman,Jamie K. $2,053.81 4/30/2022 5894 Xion ,Patria $1,618.14 4/30/2022 - Sub Total - — $3,671.95 5895 Chase,Mark $277.05 4/30/2022 5896 Hoffman,Jeff _ $277.05 4/30/2022 5897 Horton,Pam $277.05 4/30/2022 5898 Hughes,Gary $277.05 4/30/2022 5899 Rockvam,J $369.40 4/30/2022 Sub Total $1,477.60 Electronic Misc.Disbursements EFT#30822 PERA Employer Payroll Payment for 04/30/2022 $672.00 5/2/2022 EFT#30823 FICA Em to ee/Em loyer Payroll Withholding Taxes for 04/30/2022 $1,211.24 5/3/2022 EFT#30819 March.22'Sales&Use Taxes collected-4th Qtr.2021 Bus.Utility Payments $11.00 4/27/2022 EFT#30818 1st Qtr.Building Permit Surcharge $256.13 4/18/2022 EFT#30824 May 22'Health Partners Insurance Premium $2,107.33 4/29/2022 EFT#30825 Aril 22'Em to ee State Payroll Withholding Taxes $464.14 4/28/2022 EFT#30821 May 22'Optum Bank-HSA Deposit for Employees $650.00 5/2/2022 EFT#30826 Aril 22'Sun Life LTD Insurance Premium $41.45 5/l/2022 Sub Total $5,413.29 Claims: Ck#032793-032809 $113 762.93 4/27/2022 TOTALS $124,325.77 CITY OF SPRING PARK 04/28/22 8:24 AM Page 1 *Check Summary Register© Batch:042522 PAY,042822 P AY Name Check Date Check Amt 10100 Wells Fargo Bank NA 32793 CITY OF BLOOMINGTON 4/27/2022 $22.00 March 22'Water Testing Fee 32794 ECM PUBLISHERS, INC. 4/27/2022 $778.72 Pubish Notice of Bids for Black Lake Rd Utility 1 32795 EHLERS 4/27/2022 $137.50 Prepare 2nd Half 2021 TIF Note Payment-.50 32796 GOPHER STATE ONE-CALL 4/27/2022 $9.45 March 22-Locates-7 ea. 32797 HK HYDRO KLEAN, LLC 4/27/2022 $2,260.00 Clean&Televise Lift Station#6 on 03/21/22 32798 HOLTON ELECTRIC CONTRACT 4/27/2022 $2,239.48 Electrical services/labor-Convert light fixtures 32799 LARSON LAWNSCAPE, INC. 4/27/2022 $4,837.50 March 22'Sidewalk/Trail Snow Removal(7.5 h 32800 METRO COUNCIL ENVIRON SER 4/27/2022 $272.48 Wastewater Excess Pounds Charge for 01/01/ 32801 NORTHWEST ASSOC.CONSULT 4/27/2022 $4,098.10 March 22'Planning Services-Meetings(9.4 hr 32802 OPTUM BANK 4/27/2022 $11.25 March 22'HSA Monthly Maintenance Fee 32803 CITY OF ORONO 4/27/2022 $56,277.57 Reimb. For water leak location on 03/05/22 and 32804 QUALITY FLOW SYSTEMS, INC. 4/27/2022 $315.50 Field Labor-General Repair&Troubleshooting 32805 CITY OF SPRING PARK 4/27/2022 $69.53 1st Qtr.22'Water/Sewer Usage for City Hall 01 32806 UNICLEAN CLEANROOM SERVIC 4/27/2022 $101.50 March 22'Cleaning Services for Rugs 32807 VALLEY-RICH CO INC 4/27/2022 $7,391.33 Watermain Break Repair&Restoration Service 32808 XCEL ENERGY 4/27/2022 $34,691.39 Conversion of existing overhead electrical infra 32809 SITEONE LANDSCAPE SUPPLY 4/28/2022 $249.63 Glacial Granite Boulders for park plaques Total Checks $113,762.93 CITY OF SPRING PARK 04/28/22 8:46 AM Page 1 *Check Detail Register© Batch:042522PAY,042822 PAY Check# Check Date Vendor Name Amount Invoice Comment 10100 Wells Fargo Bank NA 32793 04/27/22 CITY OF BLOOMINGTON E 601-49400-306 Testing Fees $22.00 20575 March 22'Water Testing Fee Total $22.00 32794 04/27/22 ECM PUBLISHERS, INC. E 101-41600-351 Legal Notices Publishing $131.07 885237 Pubish Notice of Bids for Black Lake Rd Utility Improvements E 101-41600-351 Legal Notices Publishing $574.40 887295 Publish 2021 Drinking Water Report#1 E 101-41600-351 Legal Notices Publishing $73.25 887296 Publish 2021 Drinking Water Report#2 Total $778.72 32795 04/27/22 EHLERS E 101-41500-439 Other-TIF $137.50 90306 Prepare 2nd Half 2021 TIF Note Payment-.50 hrs Total $137.50 32796 04/27/22 GOPHER STATE ONE-CALL E 601-49400-310 Contracted Services $4.72 2030748 March 22-Locates-7 ea. E 602-49450-310 Contracted Services $4.73 2030748 March 22-Locates-7 ea. Total $9.45 32797 04/27/22 HK HYDRO KLEAN,LLC E 602-49450-496 LS Repair/Maint $2,260.00 077547 Clean&Televise Lift Station#6 on 03/21/22 Total $2,260.00 32798 04/27/22 HOLTON ELECTRIC CONTRACTORS,LLC E 601-49400-411 Repairs/Breaks $1,119.74 3995 Electrical services/labor-Convert light fixtures to accept LED lamps,replace lights outside LS#6 and WTP E 602-49450-411 Repairs/Breaks $1,119.74 3995 Electrical services/labor-Convert light fixtures to accept LED lamps,replace lights outside LS#6 and WTP Total $2,239.48 32799 04/27/22 LARSON LAWNSCAPE,INC. E 101-43101-307 Snow Removal-Sidewalk $942.50 77925A March 22'Sidewalk/Trail Snow Removal(7.5 hrs) E 101-43101-318 Street Salt-Sanding $1,235.00 77925E March 22'Salt Application(6 hrs) E 101-43101-309 Snow Plowing-Streets $2,660.00 77925C March 22'Roads&City Hall Snow Removal(27 hrs) Total $4,837.50 32800 04/27/22 METRO COUNCIL ENVIRON SERVICES E 602-49450-327 MCES Sewer Service Chg $272.48 0001138575 Wastewater Excess Pounds Charge for 01/01/21- 12/31/21 Total $272.48 32801 04/27/22 NORTHWEST ASSOC.CONSULT., INC E 101-41910-310 Contracted Services $114.60 25778-1 March 22'Planning Services-Meeting for IPMC code amendment(.6 hrs) E 101-41910-310 Contracted Services $3,533.50 25778-2 March 22'Planning Services-General(18.5hrs) E 101-41910-310 Contracted Services $450.00 25779 March 22'Planning Services-Meetings(9.4 hrs) Total $4,098.10 CITY OF SPRING PARK 04/28/22 8:46 AM Page 2 *Check Detail Register© Batch: 042 522 PAY,042822 PAY Check# Check Date Vendor Name Amount Invoice Comment 32802 04/27/22 OPTUM BANK E 101-41500-437 Other Miscellaneous $11.25 0001304078 March 22'HSA Monthly Maintenance Fee Total $11.25 32803 04/27/22 CITY OF ORONO E 101-41510-310 Contracted Services $5,305.55 20141974A March 22'Public Works Services E 601-49400-103 People Service/Orono $5,305.56 20141974A March 22'Public Works Services E 602-49450-103 People Service/Orono $5,305.56 20141974A March 22'Public Works Services E 101-42000-310 Contracted Services $39,296.52 20141974E March 22'Contracted Police Services E 601-49400-411 Repairs/Breaks $1,064.38 20141977 Reimb. For water leak location on 03/05/22 and pressure switch Total $56,277.57 32804 04/27/22 QUALITY FLOW SYSTEMS,INC. E 602-49450-491 LS Repair/Maint $315.50 42703 Field Labor-General Repair&Troubleshooting at LS#6 on 04/05/22 Total $315.50 32805 04/27/22 CITY OF SPRING PARK E 101-41900-381 Utilities/Electric/Gas $69.53 042522 1st Qtr.22'Water/Sewer Usage for City Hall 01/01/22-03/31/22 Total $69.53 32806 04/27/22 UNICLEAN CLEANROOM SERVICES E 101-41500-310 Contracted Services $101.50 195005 March 22'Cleaning Services for Rugs Total $101.50 32807 04/27/22 VALLEY-RICH CO INC E 601-49400-411 Repairs/Breaks $7,391.33 30642 Watermain Break Repair&Restoration Services at 3746 Sunset Dr Total $7,391.33 32808 04/27/22 XCEL ENERGY E 201-43100-501 West Arm West Feasibility $34,691.39 961655268A Conversion of existing overhead electrical infrastructure to underground along West Arm Total $34,691.39 32809 04/28/22 SITEONE LANDSCAPE SUPPLY HOLDING E 101-45200-310 Contracted Services $249.63 117083762 Glacial Granite Boulders for park plaques Total $249.63 10100 Wells Fargo Bank NA $113,762.93 Fund Summary 10100 Wells Fargo Bank NA 101 GENERAL FUND $54,885.80 201 PUBLIC IMPROV REVOLVING FUND $34,691.39 601 WATER FUND $14,907.73 602 SEWER FUND $9,278.01 $113,762.93 CITY OF SPRING PARK 04/26/22 10:49 AM *Budget YTD Rev-Exp© Page 1 Current Period:April 2022 2022 2022 April 2022 %of YTD Budget YTD Amt MTD Amt YTD Balance Budget GENERAL FUND Revenues $1,348,210.00 $91,736.14 $2,931.00 $1,256,473.86 6.80% Expenditures $1,391,000.00 $469,614.02 $15,004.78 $921,385.98 33.76% Gain/(Loss) ($42,790.00) ($377,877.88) ($12,073.78) $335,087.88 883.10% Revenue Active R 101-31010 Current Ad Valorem T $1,173,210.00 $9,544.43 $0.00 $1,163,665.57 0.81% Active R 101-31090 In Lieu of Taxes $34,000.00 $0.00 $0.00 $34,000.00 0.00% Active R 101-32000 Dock Licenses $1,000.00 $0.00 $0.00 $1,000.00 0.00% Active R 101-32105 Cigarette Permits $100.00 $0.00 $0.00 $100.00 0.00% Active R 101-32110 Alchoholic Beverages $14,750.00 $0.00 $0.00 $14,750.00 0.00% Active R 101-32120 Sign Permits $250.00 $0.00 $0.00 $250.00 0.00% Active R 101-32160 Garbage Haulers $1,000.00 $750.00 $75.00 $250.00 75.00% Active R 101-32170 Amusements $2,500.00 $0.00 $0.00 $2,500.00 0.00% Active R 101-32180 Other Licenses/Permit $10,000.00 $3,600.25 $625.00 $6,399.75 36.00% Active R 101-32210 Building Permits $30,000.00 $26,178.25 $55.00 $3,821.75 87.26% Active R 101-32215 Building Permit-Surch $0.00 ($214.11) $1.00 $214.11 0.00% Active R 101-33100 Grants and Aids $5,000.00 $5,000.00 $0.00 $0.00 100.00% Active R 101-33404 PERA Aid $700.00 $0.00 $0.00 $700.00 0.00% Active R 101-33620 Recycling $2,200.00 $0.00 $0.00 $2,200.00 0.00% Active R 101-34103 Variance/CUP Reques $1,000.00 $0.00 $0.00 $1,000.00 0.00% Active R 101-34104 Plan Check Fee $20,000.00 $16,406.24 $0.00 $3,593.76 82.03% Active R 101-34105 Dance&Police Fees $2,000.00 $2,250.00 $650.00 ($250.00) 112.50% Active R 101-34401 Recycling Apartments $0.00 $0.00 $0.00 $0.00 0.00% Active R 101-35100 Court Fines $10,000.00 $1,845.00 $0.00 $8,155.00 18.45% Active R 101-36100 Special Assessments $0.00 $0.00 $0.00 $0.00 0.00% Active R 101-36210 Interest Earnings $5,000.00 $71.87 $0.00 $4,928.13 1.44% Active R 101-39102 LMCIT Dividend $2,500.00 $0.00 $0.00 $2,500.00 0.00% Active R 101-39104 Other Revenue $3,000.00 $26,304.21 $1,525.00 ($23,304.21) 876.81% Active R 101-39203 Trsfr from General Fun $30,000.00 $0.00 $0.00 $30,000.00 0.00% Total Revenue $1,348,210.00 $91,736.14 $2,931.00 $1,256,473.86 6.80% Expenditure Active E 101-41100-105 Salaries $19,200.00 $4,800.00 $0.00 $14,400.00 25.00% Active E 101-41100-109 Recording Service $800.00 $180.00 $0.00 $620.00 22.50% Active E 101-41100-121 PERA/FICA/Hosp $2,000.00 $367.20 $0.00 $1,632.80 18.36% Active E 101-41100-437 Other Miscellaneo $1,000.00 $0.00 $0.00 $1,000.00 0.00% Active E 101-41410-105 Salaries $5,000.00 $0.00 $0.00 $5,000.00 0.00% Active E 101-41410-200 Office Supplies $500.00 $0.00 $0.00 $500.00 0.00% Active E 101-41410-351 Legal Notices Pub $0.00 $0.00 $0.00 $0.00 0.00% Active E 101-41410-437 Other Miscellaneo $3,000.00 $1,011.60 $0.00 $1,988.40 33.72% Active E 101-41500-101 Administrator $40,000.00 $10,528.37 $1,173.34 $29,471.63 26.32% Active E 101-41500-102 Clerk $26,500.00 $7,668.19 $1,047.20 $18,831.81 28.94% Active E 101-41500-107 Office Assistant $18,000.00 $7,014.97 $748.00 $10,985.03 38.97% Active E 101-41500-119 Ordinance Codific $2,000.00 $225.00 $0.00 $1,775.00 11.25% Active E 101-41500-121 PERA/FICA/Hosp $34,000.00 $8,155.01 $271.98 $25,844.99 23.99% Active E 101-41500-200 Office Supplies $500.00 $363.98 $110.89 $136.02 72.80% Active E 101-41500-207 Computer Support $1,500.00 $831.28 $702.34 $668.72 55.42% Active E 101-41500-299 Admin Expenses $1,000.00 $679.00 $0.00 $321.00 67.90% Active E 101-41500-301 Auditing Services $7,000.00 $666.66 $0.00 $6,333.34 9.52% Active E 101-41500-302 Accounting Servic $675.00 $1,471.33 $0.00 ($796.33) 217.97% Active E 101-41500-310 Contracted Servic $2,000.00 $2,023.04 $170.43 ($23.04) 101.15% CITY OF SPRING PARK 04/26/22 10:49 AM *Budget YTD Rev-Exp© Page 2 Current Period:April 2022 2022 2022 April 2022 %of YTD Budget YTD Amt MTD Amt YTD Balance Budget Active E 101-41500-321 Telephone and Mt $125.00 $334.20 $83.44 ($209.20) 267.36% Active E 101-41500-322 Postage&Meter $900.00 $354.19 $24.95 $545.81 39.35% Active E 101-41500-323 Web Host $200.00 $220.00 $220.00 ($20.00) 110.00% Active E 101-41500-324 Internet Service $300.00 $0.00 $0.00 $300.00 0.00% Active E 101-41500-330 IT Technology Su $3,000.00 $373.34 $93.34 $2,626.66 12.44% Active E 101-41500-350 Print/Binding $1,200.00 $370.72 $0.00 $829.28 30.89% Active E 101-41500-361 Liability/Prop Ins/ $7,800.00 $0.00 $0.00 $7,800.00 0.00% Active E 101-41500-413 Office Equipment/ $1,500.00 $2,143.36 $492.85 ($643.36) 142.89% Active E 101-41500-433 Membership/Dues $5,000.00 $1,334.65 $0.00 $3,665.35 26.69% Active E 101-41500-437 Other Miscellaneo $5,000.00 $1,308.68 $137.98 $3,691.32 26.17% Active E 101-41500-439 Other-TIF $2,500.00 $759.41 $0.00 $1,740.59 30.38% Active E 101-41500-581 Historical Society $3,000.00 $3,000.00 $0.00 $0.00 100.00% Active E 101-41510-310 Contracted Servic $18,000.00 $11,937.51 $0.00 $6,062.49 66.32% Active E 101-41550-310 Contracted Servic $21,000.00 $0.00 $0.00 $21,000.00 0.00% Active E 101-41600-304 Legal Fees $20,000.00 $5,847.14 $2,089.56 $14,152.86 29.24% Active E 101-41600-351 Legal Notices Pub $1,000.00 $0.00 $0.00 $1,000.00 0.00% Active E 101-41600-353 Ordinance Publica $500.00 $38.55 $0.00 $461.45 7.71% Active E 101-41900-105 Salaries $0.00 $0.00 $0.00 $0.00 0.00% Active E 101-41900-106 Mowing Contract $8,000.00 $0.00 $0.00 $8,000.00 0.00% Active E 101-41900-215 Shop Supplies $250.00 $130.76 $41.97 $119.24 52.30% Active E 101-41900-220 Repair/Maint Supp $250.00 $0.00 $0.00 $250.00 0.00% Active E 101-41900-310 Contracted Servic $5,500.00 $2,099.20 $250.00 $3,400.80 38.17% Active E 101-41900-316 Tree Maintenance $1,000.00 $0.00 $0.00 $1,000.00 0.00% Active E 101-41900-361 Liability/Prop Ins/ $3,500.00 $0.00 $0.00 $3,500.00 0.00% Active E 101-41900-381 Utilities/Electric/G $3,500.00 $937.42 $263.67 $2,562.58 26.78% Active E 101-41900-384 Refuse/Garbage D $500.00 $76.57 $0.00 $423.43 15.31% Active E 101-41900-401 Repairs/Maint Buil $2,000.00 $0.00 $0.00 $2,000.00 0.00% Active E 101-41900-404 Repairs/Existing E $500.00 $0.00 $0.00 $500.00 0.00% Active E 101-41900-410 Facility Lease $0.00 $0.00 $0.00 $0.00 0.00% Active E 101-41900-437 Other Miscellaneo $250.00 $0.00 $0.00 $250.00 0.00% Active E 101-41910-303 Engineering Fees $15,000.00 $3,722.45 $2,161.28 $11,277.55 24.82% Active E 101-41910-304 Legal Fees $0.00 $0.00 $0.00 $0.00 0.00% Active E 101-41910-310 Contracted Servic $30,000.00 $5,766.30 $0.00 $24,233.70 19.22% Active E 101-41940-431 Flags/Banners/Mai $15,000.00 $0.00 $0.00 $15,000.00 0.00% Active E 101-41940-432 Landscaping/Gard $37,000.00 $0.00 $0.00 $37,000.00 0.00% Active E 101-42000-304 Legal Fees $12,000.00 $1,000.00 $0.00 $11,000.00 8.33% Active E 101-42000-310 Contracted Servic $473,870.00 $117,119.04 $0.00 $356,750.96 24.72% Active E 101-42000-312 Workhouse Exp R $200.00 $0.00 $0.00 $200.00 0.00% Active E 101-42000-313 Booking Per Diem $1,000.00 $0.00 $0.00 $1,000.00 0.00% Active E 101-42000-321 Telephone and Mt $1,000.00 $0.00 $0.00 $1,000.00 0.00% Active E 101-42000-324 Internet Service $800.00 $474.11 $118.64 $325.89 59.26% Active E 101-42100-310 Contracted Servic $6,000.00 $1,231.50 $0.00 $4,768.50 20.53% Active E 101-42260-310 Contracted Servic $171,980.00 $85,990.00 $0.00 $85,990.00 50.00% Active E 101-42400-305 Plan Check Fees $15,000.00 $2,760.86 $592.95 $12,239.14 18.41% Active E 101-42400-310 Contracted Servic $30,000.00 $6,324.43 $1,162.23 $23,675.57 21.08% Active E 101-42800-310 Contracted Servic $20,000.00 $0.00 $0.00 $20,000.00 0.00% Active E 101-42900-310 Contracted Servic $14,500.00 $4,502.88 $1,494.60 $9,997.12 31.05% Active E 101-43100-226 Sign Repair Materi $500.00 $81.05 $0.00 $418.95 16.21% Active E 101-43100-227 Street Light Repai $2,500.00 $0.00 $0.00 $2,500.00 0.00% Active E 101-43100-302 Accounting Servic $0.00 $0.00 $0.00 $0.00 0.00% Active E 101-43100-303 Engineering Fees $5,000.00 $0.00 $0.00 $5,000.00 0.00% CITY OF SPRING PARK 04/26/22 10:49 AM *Budget YTD Rev-Exp© Page 3 Current Period:April 2022 2022 2022 April 2022 %of YTD Budget YTD Amt MTD Amt YTD Balance Budget Active E 101-43100-308 Street Sweeping $4,500.00 $0.00 $0.00 $4,500.00 0.00% Active E 101-43100-310 Contracted Servic $1,500.00 $0.00 $0.00 $1,500.00 0.00% Active E 101-43100-315 Sidewalk Repair $2,000.00 $0.00 $0.00 $2,000.00 0.00% Active E 101-43100-316 Tree Maintenance $3,500.00 $0.00 $0.00 $3,500.00 0.00% Active E 101-43100-361 Liability/Prop Ins/ $2,750.00 $0.00 $0.00 $2,750.00 0.00% Active E 101-43100-381 Utilities/Electric/G $16,000.00 $6,551.80 $1,553.14 $9,448.20 40.95% Active E 101-43100-399 Storm Damage $1,000.00 $0.00 $0.00 $1,000.00 0.00% Active E 101-43100-402 Repairs/Maint Stre $7,500.00 $0.00 $0.00 $7,500.00 0.00% Active E 101-43100-410 Facility Lease $0.00 $0.00 $0.00 $0.00 0.00% Active E 101-43101-307 Snow Removal-S $15,000.00 $8,800.00 $0.00 $6,200.00 58.67% Active E 101-43101-309 Snow Plowing-St $20,000.00 $15,993.75 $0.00 $4,006.25 79.97% Active E 101-43101-318 Street Salt-Sandin $25,000.00 $17,677.50 $0.00 $7,322.50 70.71% Active E 101-43150-303 Engineering Fees $5,000.00 $0.00 $0.00 $5,000.00 0.00% Active E 101-43150-402 Repairs/Maint Stre $5,000.00 $0.00 $0.00 $5,000.00 0.00% Active E 101-45180-310 Contracted Servic $11,000.00 $0.00 $0.00 $11,000.00 0.00% Active E 101-45200-105 Salaries $0.00 $0.00 $0.00 $0.00 0.00% Active E 101-45200-106 Mowing Contract $7,500.00 $0.00 $0.00 $7,500.00 0.00% Active E 101-45200-310 Contracted Servic $6,000.00 $0.00 $0.00 $6,000.00 0.00% Active E 101-45200-316 Tree Maintenance $2,000.00 $0.00 $0.00 $2,000.00 0.00% Active E 101-45200-361 Liability/Prop Ins/ $1,250.00 $0.00 $0.00 $1,250.00 0.00% Active E 101-45200-381 Utilities/Electric/G $750.00 $0.00 $0.00 $750.00 0.00% Active E 101-45200-384 Refuse/Garbage D $1,500.00 $71.58 $0.00 $1,428.42 4.77% Active E 101-45200-404 Repairs/Existing E $2,000.00 $144.53 $0.00 $1,855.47 7.23% Active E 101-45200-410 Facility Lease $0.00 $0.00 $0.00 $0.00 0.00% Active E 101-46000-310 Contracted Servic $450.00 $235.00 $0.00 $215.00 52.22% Active E 101-47500-601 Debt Sry Bond Pri $106,250.00 $106,280.00 $0.00 ($30.00) 100.03% Active E 101-47500-611 Bond Interest $10,250.00 $7,160.91 $0.00 $3,089.09 69.86% Active E 101-47500-620 Fiscal Agent s Fee $1,000.00 $475.00 $0.00 $525.00 47.50% Total Expenditure ($1,391,000.00) ($469,614.02) ($15,004.78) ($921,385.98) 33.76% Total GENERAL FUND ($42,790.00) ($377,877.88) ($12,073.78) $335,087.88 883.10% PUBLIC IMPROV REVOLVING FUND Revenues $0.00 $0.00 $0.00 $0.00 0.00% Expenditures $0.00 $107,230.14 $18,899.43 -$107,230.14 0.00% Gain/(Loss) $0.00 ($107,230.14) ($18,899.43) $107,230.14 0.00% Revenue Active R 201-36210 Interest Earnings $0.00 $0.00 $0.00 $0.00 0.00% Active R 201-39108 Inter.Gov.Aid $0.00 $0.00 $0.00 $0.00 0.00% Total Revenue $0.00 $0.00 $0.00 $0.00 0.00% Expenditure Active E 201-41900-520 City Hall Ramp Pr $0.00 $0.00 $0.00 $0.00 0.00% Active E 201-41900-521 Records Presevati $0.00 $0.00 $0.00 $0.00 0.00% Active E 201-41900-522 Sidewalk/ADA Pro $0.00 $0.00 $0.00 $0.00 0.00% Active E 201-41900-527 City Hall Improve $0.00 $0.00 $0.00 $0.00 0.00% Active E 201-41900-723 Playgrounds $0.00 $0.00 $0.00 $0.00 0.00% Active E 201-43100-227 Street Light Repai $0.00 $0.00 $0.00 $0.00 0.00% Active E 201-43100-407 Seal Coating $0.00 $0.00 $0.00 $0.00 0.00% Active E 201-43100-501 West Arm West F $0.00 $10,000.00 $0.00 ($10,000.00) 0.00% Active E 201-43100-528 Road Pavement P $0.00 $6,563.50 $5,218.75 ($6,563.50) 0.00% Active E 201-43100-529 Black Lake Rd Fe $0.00 $88,274.14 $13,680.68 ($88,274.14) 0.00% Active E 201-43100-724 Comprehensive PI $0.00 $0.00 $0.00 $0.00 0.00% CITY OF SPRING PARK 04/26/22 10:49 AM *Budget YTD Rev-Exp© Page 4 Current Period:April 2022 2022 2022 April 2022 %of YTD Budget YTD Amt MTD Amt YTD Balance Budget Active E 201-43150-209 West Arm Road E $0.00 $0.00 $0.00 $0.00 0.00% Active E 201-43150-402 Repairs/Maint Stre $0.00 $0.00 $0.00 $0.00 0.00% Active E 201-43200-526 West Arm Road $0.00 $2,392.50 $0.00 ($2,392.50) 0.00% Active E 201-43200-599 Water&Sewer Inf $0.00 $0.00 $0.00 $0.00 0.00% Active E 201-43200-724 Comprehensive PI $0.00 $0.00 $0.00 $0.00 0.00% Active E 201-45200-518 Thor Thompson P $0.00 $0.00 $0.00 $0.00 0.00% Active E 201-47500-620 Fiscal Agent s Fee $0.00 $0.00 $0.00 $0.00 0.00% Active E 201-49999-720 Operating Transfe $0.00 $0.00 $0.00 $0.00 0.00% Total Expenditure $0.00 ($107,230.14) ($18,899.43) $107,230.14 0.00% Total PUBLIC IMPROV REVOLVING FUND $0.00 ($107,230.14) ($18,899.43) $107,230.14 0.00% HOUSING DEV PROJ FUND(TIF) Revenues $0.00 $0.00 $0.00 $0.00 0.00% Expenditures $0.00 $0.00 $0.00 $0.00 0.00% Gain/(Loss) $0.00 $0.00 $0.00 $0.00 0.00% Expenditure Active E 202-46500-301 Auditing Services $0.00 $0.00 $0.00 $0.00 0.00% Active E 202-46500-304 Legal Fees $0.00 $0.00 $0.00 $0.00 0.00% Active E 202-46500-437 Other Miscellaneo $0.00 $0.00 $0.00 $0.00 0.00% Active E 202-49999-720 Operating Transfe $0.00 $0.00 $0.00 $0.00 0.00% Total Expenditure $0.00 $0.00 $0.00 $0.00 0.00% Total HOUSING DEV PROJ FUND(TIF) $0.00 $0.00 $0.00 $0.00 0.00% CAPITAL SPEC REV FUND Revenues $0.00 $50.78 $0.00 -$50.78 0.00% Expenditures $0.00 $0.00 $0.00 $0.00 0.00% Gain/(Loss) $0.00 5,50 7 $0.00 ($50.78) 0.00% Revenue Active R 203-36210 Interest Earnings $0.00 $50.78 $0.00 ($50.78) 0.00% Total Revenue $0.00 $50.78 $0.00 ($50.78) 0.00% Expenditure Active E 203-43200-515 Sunset Drive Impr $0.00 $0.00 $0.00 $0.00 0.00% Active E 203-46500-301 Auditing Services $0.00 $0.00 $0.00 $0.00 0.00% Active E 203-46500-304 Legal Fees $0.00 $0.00 $0.00 $0.00 0.00% Active E 203-46500-437 Other Miscellaneo $0.00 $0.00 $0.00 $0.00 0.00% Active E 203-49999-720 Operating Transfe $0.00 $0.00 $0.00 $0.00 0.00% Total Expenditure $0.00 $0.00 $0.00 $0.00 0.00% Total CAPITAL SPEC REV FUND $0.00 $50.78 $0.00 ($50.78) 0.00% TIF LAKEVIEW LOFTS Revenues $0.00 $12.93 $0.00 -$12.93 0.00% Expenditures $0.00 $0.00 $0.00 $0.00 0.00% Gain/(Loss) $0.00 $0.00 ($12.93) 0.00% Revenue Active R 204-36210 Interest Earnings $0.00 $12.93 $0.00 ($12.93) 0.00% Total Revenue $0.00 $12.93 $0.00 ($12.93) 0.00% Expenditure Active E 204-46500-439 Other-TIF $0.00 $0.00 $0.00 $0.00 0,00% Active E 204-49999-720 Operating Transfe $0.00 $0.00 $0.00 $0.00 0.00% Total Expenditure $0.00 $0.00 $0.00 $0.00 0.00% CITY OF SPRING PARK 04/26/22 10:49 AM *Budget YTD Rev-Exp© Page 5 Current Period:April 2022 2022 2022 April 2022 %of YTD Budget YTD Amt MTD Amt YTD Balance Budget Total TIF LAKEVIEW LOFTS $0.00 $12.93 $0.00 ($12.93) 0.00% TIF PRESBYTERIAN HOMES Revenues $160,000.00 $8.86 $0.00 $159,991.14 0.01% Expenditures $150,000.00 $70,477.88 $0.00 $79,522.12 46.99% Gain/(Loss) $10,000.00 ($70,469.02) $0.00 $80,469.02 -704.69% Revenue Active R 205-31050 Tax Increments $160,000.00 $0.00 $0.00 $160,000.00 0.00% Active R 205-36210 Interest Earnings $0.00 $8.86 $0.00 ($8.86) 0.00% Total Revenue $160,000.00 $8.86 $0.00 $159,991.14 0.01% Expenditure Active E 205-46500-439 Other-TIF $150,000.00 $70,477.88 $0.00 $79,522.12 46.99% Total Expenditure ($150,000.00) ($70,477.88) $0.00 ($79,522.12) 46.99% Total TIF PRESBYTERIAN HOMES $10,000.00 ($70,469.02) $0.00 $80,469.02 -704.69% TIF DEBT SERVICE Revenues $0.00 $0.00 $0.00 $0.00 0.00% Expenditures $0.00 $0.00 $0.00 $0.00 0.00% Gain/(Loss) $0.00 $0.00 $0.00 $0.00 0.00% Revenue Active R 301-36210 Interest Earnings $0.00 $0.00 $0.00 $0.00 0.00% Total Revenue $0.00 $0.00 $0.00 $0.00 0.00% Expenditure Active E 301-47500-437 Other Miscellaneo $0.00 $0.00 $0.00 $0.00 0.00% Active E 301-47500-601 Debt Sry Bond Pri $0.00 $0.00 $0.00 $0.00 0.00% Active E 301-47500-611 Bond Interest $0.00 $0.00 $0.00 $0.00 0.00% Active E 301-47500-620 Fiscal Agent s Fee $0.00 $0.00 $0.00 $0.00 0.00% Total Expenditure $0.00 $0.00 $0.00 $0.00 0.00% Total TIF DEBT SERVICE $0.00 $0.00 $0.00 $0.00 0.00% 2010A GO BONDS Revenues $0.00 $4.06 $0.00 -$4.06 0.00% Expenditures $0.00 $0.00 $0.00 $0.00 0.00% Gain/(Loss) $0.00 $0.00 ($4.06) 0.00% Revenue Active R 302-31010 Current Ad Valorem T $0.00 $0.00 $0.00 $0.00 0.00% Active R 302-36210 Interest Earnings $0.00 $4.06 $0.00 ($4.06) 0.00% Total Revenue $0.00 $4.06 $0.00 ($4.06) 0.00% Expenditure Active E 302-47500-601 Debt Sry Bond Pri $0.00 $0.00 $0.00 $0.00 0.00% Active E 302-47500-611 Bond Interest $0.00 $0.00 $0.00 $0.00 0.00% Active E 302-47500-620 Fiscal Agent s Fee $0.00 $0.00 $0.00 $0.00 0.00% Total Expenditure $0.00 $0.00 $0.00 $0.00 0.00% Total 2010A GO BONDS $0.00 $4.06 $0.00 ($4.06) 0.00% 2015 GO BONDS Revenues $0.00 $21.35 $0.00 -$21.35 0.00% Expenditures $0.00 $0.00 $0.00 $0.00 0.00% Gain/(Loss) $0.00 $0.00 ($21.35) 0.00% Revenue CITY OF SPRING PARK 04/26/22 10:49 AM *Budget YTD Rev-Exp© Page 6 Current Period:April 2022 2022 2022 April 2022 %of YTD Budget YTD Amt MTD Amt YTD Balance Budget Active R 303-31010 Current Ad Valorem T $0.00 $0.00 $0.00 $0.00 0.00% Active R 303-36100 Special Assessments $0.00 $0.00 $0.00 $0.00 0.00% Active R 303-36210 Interest Earnings $0.00 $21.35 $0.00 ($21.35) 0.00% Total Revenue $0.00 $21.35 $0.00 ($21.35) 0.00% Expenditure Active E 303-47500-601 Debt Sry Bond Pri $0.00 $0.00 $0.00 $0.00 0.00% Active E 303-47500-611 Bond Interest $0.00 $0.00 $0.00 $0.00 0.00% Total Expenditure $0.00 $0.00 $0.00 $0.00 0.00% Total 2015 GO BONDS $0.00 $21.35 $0.00 ($21.35) 0.00% CHANNEL ROAD Revenues $0.00 $0.00 $0.00 $0.00 0.00% Expenditures $0.00 $0.00 $0.00 $0.00 0.00% Gain/(Loss) $0.00 $0.00 $0.00 $0.00 0.00% Expenditure Active E 401-49999-720 Operating Transfe $0.00 $0.00 $0.00 $0.00 0.00% Total Expenditure $0.00 $0.00 $0.00 $0.00 0.00% Total CHANNEL ROAD $0.00 $0.00 $0.00 $0.00 0.00% KINGS RDIWARREN DRAINAGE IMPRV Revenues $0.00 $0.00 $0.00 $0.00 0.00% Expenditures $0.00 $0.00 $0.00 $0.00 0.00% Gain/(Loss) $0.00 $0.00 $0.00 $0.00 0.00% Revenue On Hold R 402-36210 Interest Earnings $0.00 $0.00 $0.00 $0.00 0.00% Total Revenue $0.00 $0.00 $0.00 $0.00 0.00% Total KINGS RD/WARREN DRAINAGE IMPRV $0.00 $0.00 $0.00 $0.00 0.00% WATER FUND Revenues $355,000.00 $70,833.77 $1,484.56 $284,166.23 19.95% Expenditures $334,300.00 $152,368.94 $9,415.23 $181,931.06 45.58% Gain/(Loss) $20,700.00 ($81,535.17) ($7,930.67) $102,235.17 -393.89% Revenue Active R 601-33100 Grants and Aids $0.00 $0.00 $0.00 $0.00 0.00% Active R 601-33439 PERA Pension Reven $0.00 $0.00 $0.00 $0.00 0.00% Active R 601-36210 Interest Earnings $20,000.00 $137.87 $0.00 $19,862.13 0.69% Active R 601-37100 Water Sales $315,000.00 $68,159.18 $1,346.02 $246,840.82 21.64% Active R 601-37150 Meter Deposit&Permi $250.00 $0.00 $0.00 $250.00 0.00% Active R 601-37151 Connect/Reconnect Fe $1,500.00 $60.00 $60.00 $1,440.00 4.00% Active R 601-37160 Water Penalty $8,250.00 $381.28 $29.05 $7,868.72 4.62% Active R 601-39100 Testing Fees $10,000.00 $2,094.77 $49.49 $7,905.23 20.95% Active R 601-39104 Other Revenue $0.00 $0.67 $0.00 ($0.67) 0.00% Active R 601-39311 Trsfr from Water Fund $0.00 $0.00 $0.00 $0.00 0.00% Total Revenue $355,000.00 $70,833.77 $1,484.56 $284,166.23 19.95% Expenditure Active E 601-47500-601 Debt Sry Bond Pri $56,800.00 $56,240.00 $0.00 $560.00 99.01% Active E 601-47500-611 Bond Interest $12,000.00 $4,732.41 $0.00 $7,267.59 39.44% Active E 601-47500-620 Fiscal Agent s Fee $0.00 $0.00 $0.00 $0.00 0.00% Active E 601-49400-101 Administrator $30,000.00 $6,367.22 $1,173.33 $23,632.78 21.22% Active E 601-49400-102 Clerk $28,000.00 $7,442.66 $1,016.40 $20,557.34 26.58% Active E 601-49400-103 People Service/Or $37,000.00 $11,937.50 $0.00 $25,062.50 32.26% CITY OF SPRING PARK 04/26/22 10:49 AM *Budget YTD Rev-Exp© Page 7 Current Period:April 2022 2022 2022 April 2022 %of YTD Budget YTD Amt MTD Amt YTD Balance Budget Active E 601-49400-107 Office Assistant $18,000.00 $6,815.49 $726.00 $11,184.51 37.86% Active E 601-49400-121 PERA/FICA/Hosp $22,000.00 $7,581.90 $263.98 $14,418.10 34.46% Active E 601-49400-129 Pension Expense $0.00 $0.00 $0.00 $0.00 0.00% Active E 601-49400-200 Office Supplies $500.00 $159.22 $110.90 $340.78 31.84% Active E 601-49400-201 Meters&Supplies $3,000.00 $1,500.78 $0.00 $1,499.22 50.03% Active E 601-49400-206 GIS $0.00 $0.00 $0.00 $0.00 0.00% Active E 601-49400-207 Computer Support $2,000.00 $831.28 $702.33 $1,168.72 41.56% Active E 601-49400-215 Shop Supplies $250.00 $5,088.00 $0.00 ($4,838.00) 2035.20% Active E 601-49400-216 Chemicals and Ch $4,000.00 $817.93 $0.00 $3,182.07 20.45% Active E 601-49400-220 Repair/Maint Supp $2,500.00 $232.49 $232.49 $2,267.51 9.30% Active E 601-49400-299 Admin Expenses $500.00 $421.72 $0.00 $78.28 84.34% Active E 601-49400-301 Auditing Services $7,000.00 $666.67 $0.00 $6,333.33 9.52% Active E 601-49400-302 Accounting Servic $2,500.00 $1,471.33 $0.00 $1,028.67 58.85% Active E 601-49400-303 Engineering Fees $3,000.00 $0.00 $0.00 $3,000.00 0.00% Active E 601-49400-306 Testing Fees $3,000.00 $1,151.00 $0.00 $1,849.00 38.37% Active E 601-49400-310 Contracted Servic $5,000.00 $10,531.36 $828.84 ($5,531.36) 210.63% Active E 601-49400-321 Telephone and Mt $1,000.00 $334.19 $83.44 $665.81 33.42% Active E 601-49400-322 Postage&Meter $500.00 $329.25 $0.00 $170.75 65.85% Active E 601-49400-323 Web Host $250.00 $220.00 $220.00 $30.00 88.00% Active E 601-49400-324 Internet Service $1,000.00 $474.08 $118.63 $525.92 47.41% Active E 601-49400-330 IT Technology Su $4,000.00 $373.32 $93.33 $3,626.68 9.33% Active E 601-49400-350 Print/Binding $0.00 $307.08 $0.00 ($307.08) 0.00% Active E 601-49400-361 Liability/Prop Ins/ $5,500.00 $0.00 $0.00 $5,500.00 0.00% Active E 601-49400-381 Utilities/Electric/G $28,000.00 $11,631.12 $2,871.72 $16,368.88 41.54% Active E 601-49400-400 Repairs/Maint Gen $10,000.00 $1,790.52 $481.00 $8,209.48 17.91% Active E 601-49400-405 Depreciation $0.00 $0.00 $0.00 $0.00 0.00% Active E 601-49400-410 Facility Lease $0.00 $0.00 $0.00 $0.00 0.00% Active E 601-49400-411 Repairs/Breaks $45,000.00 $10,422.28 $0.00 $34,577.72 23.16% Active E 601-49400-413 Office Equipment/ $1,500.00 $2,198.14 $492.84 ($698.14) 146.54% Active E 601-49400-433 Membership/Dues $500.00 $300.00 $0.00 $200.00 60.00% Active E 601-49400-437 Other Miscellaneo $0.00 $0.00 $0.00 $0.00 0.00% Total Expenditure ($334,300.00) ($152,368.94) ($9,415.23) ($181,931.06) 45.58% Total WATER FUND $20,700.00 ($81,535.17) ($7,930.67) $102,235.17 -393.89% SEWER FUND Revenues $454,500.00 $107,295.31 $2,087.72 $347,204.69 23.61% Expenditures $586,577.00 $240,158.09 $27,579.27 $346,418.91 40.94% Gain/(Loss) ($132,077.00) ($132,862.78) ($25,491.55) $785.78 100.59% Revenue Active R 602-33100 Grants and Aids $0.00 $0.00 $0.00 $0.00 0.00% Active R 602-33439 PERA Pension Reven $0.00 $0.00 $0.00 $0.00 0.00% Active R 602-36210 Interest Earnings $2,500.00 $0.00 $0.00 $2,500.00 0.00% Active R 602-37200 Sewer Sales $450,000.00 $106,666.43 $2,037.41 $343,333.57 23.70% Active R 602-37260 Swr Penalty $2,000.00 $628.21 $50.31 $1,371.79 31.41% Active R 602-39104 Other Revenue $0.00 $0.67 $0.00 ($0.67) 0.00% Active R 602-39312 Trsfr from Sewer Fund $0.00 $0.00 $0.00 $0.00 0.00% Total Revenue $454,500.00 $107,295.31 $2,087.72 $347,204.69 23.61% Expenditure Active E 602-47500-601 Debt Sry Bond Pri $58,600.00 $57,480.00 $0.00 $1,120.00 98.09% Active E 602-47500-611 Bond Interest $12,000.00 $4,519.82 $0.00 $7,480.18 37.67% Active E 602-49450-101 Administrator $30,000.00 $6,367.23 $1,173.33 $23,632.77 21.22% CITY OF SPRING PARK 04/26/22 10:49 AM *Budget YTD Rev-Exp© Page 8 Current Period:April 2022 2022 2022 April 2022 %of YTD Budget YTD Amt MTD Amt YTD Balance Budget Active E 602-49450-102 Clerk $28,000.00 $7,442.65 $1,016.40 $20,557.35 26.58% Active E 602-49450-103 People Service/Or $37,000.00 $11,937.50 $0.00 $25,062.50 32.26% Active E 602-49450-107 Office Assistant $18,000.00 $6,815.50 $726.00 $11,184.50 37.86% Active E 602-49450-121 PERA/FICA/Hosp $24,000.00 $7,581.87 $263.96 $16,418.13 31.59% Active E 602-49450-129 Pension Expense $0.00 $0.00 $0.00 $0.00 0.00% Active E 602-49450-200 Office Supplies $500.00 $159.23 $110.90 $340.77 31.85% Active E 602-49450-206 GIS $0.00 $0.00 $0.00 $0.00 0.00% Active E 602-49450-207 Computer Support $1,500.00 $831.28 $702.33 $668.72 55.42% Active E 602-49450-215 Shop Supplies $250.00 $5,088.00 $0.00 ($4,838.00) 2035.20% Active E 602-49450-220 Repair/Maint Supp $250.00 $0.00 $0.00 $250.00 0.00% Active E 602-49450-301 Auditing Services $7,000.00 $666.67 $0.00 $6,333.33 9.52% Active E 602-49450-302 Accounting Servic $2,500.00 $1,471.34 $0.00 $1,028.66 58.85% Active E 602-49450-303 Engineering Fees $5,000.00 $0.00 $0.00 $5,000.00 0.00% Active E 602-49450-310 Contracted Servic $2,500.00 $10,531.38 $828.84 ($8,031.38) 421.26% Active E 602-49450-321 Telephone and Mt $1,000.00 $334.20 $83.45 $665.80 33.42% Active E 602-49450-322 Postage&Meter $500.00 $329.26 $0.00 $170.74 65.85% Active E 602-49450-323 Web Host $250.00 $220.00 $220.00 $30.00 88.00% Active E 602-49450-324 Internet Service $1,000.00 $474.08 $118.63 $525.92 47.41% Active E 602-49450-327 MCES Sewer Sery $216,877.00 $98,074.75 $19,614.95 $118,802.25 45.22% Active E 602-49450-330 IT Technology Su $5,000.00 $5,843.59 $93.33 ($843.59) 116.87% Active E 602-49450-350 Print/Binding $250.00 $307.08 $0.00 ($57.08) 122.83% Active E 602-49450-361 Liability/Prop Ins/ $4,500.00 $0.00 $0.00 $4,500.00 0.00% Active E 602-49450-381 Utilities/Electric/G $12,000.00 $4,368.27 $1,653.31 $7,631.73 36.40% Active E 602-49450-400 Repairs/Maint Gen $1,000.00 $1,646.00 $481.00 ($646.00) 164.60% Active E 602-49450-403 Cleaning-Televisin $20,000.00 $0.00 $0.00 $20,000.00 0.00% Active E 602-49450-404 Repairs/Existing E $1,000.00 $0.00 $0.00 $1,000.00 0.00% Active E 602-49450-405 Depreciation $75,000.00 $0.00 $0.00 $75,000.00 0.00% Active E 602-49450-410 Facility Lease $0.00 $0.00 $0.00 $0.00 0.00% Active E 602-49450-411 Repairs/Breaks $1,000.00 $0.00 $0.00 $1,000.00 0.00% Active E 602-49450-413 Office Equipment/ $1,500.00 $2,198.14 $492.84 ($698.14) 146.54% Active E 602-49450-433 Membership/Dues $600.00 $0.00 $0.00 $600.00 0.00% Active E 602-49450-437 Other Miscellaneo $0.00 $0.00 $0.00 $0.00 0.00% Active E 602-49450-491 LS Repair/Maint $18,000.00 $5,470.25 $0.00 $12,529.75 30.39% Active E 602-49450-492 LS Repair/Maint $0.00 $0.00 $0.00 $0.00 0.00% Active E 602-49450-493 LS Repair/Maint $0.00 $0.00 $0.00 $0.00 0.00% Active E 602-49450-494 LS Repair/Maint $0.00 $0.00 $0.00 $0.00 0.00% Active E 602-49450-495 LS Repair/Maint $0.00 $0.00 $0.00 $0.00 0.00% Active E 602-49450-496 LS Repair/Maint $0.00 $0.00 $0.00 $0.00 0.00% Active E 602-49450-497 LS Repair/Maint $0.00 $0.00 $0.00 $0.00 0.00% Total Expenditure ($586,577.00) ($240,158.09) ($27,579.27) ($346,418.91) 40.94% Total SEWER FUND ($132,077.00) ($132,862.78) ($25,491.55) $785.78 100.59% CONVERSION FUND Revenues $0.00 $0.00 $0.00 $0.00 0.00% Expenditures $0.00 $0.00 $0.00 $0.00 0.00% Gain/(Loss) $0.00 $0.00 $0.00 $0.00 0.00% Revenue Active R 999-31010 Current Ad Valorem T $0.00 $0.00 $0.00 $0.00 0.00% Active R 999-33439 PERA Pension Reven $0.00 $0.00 $0.00 $0.00 0.00% Total Revenue $0.00 $0.00 $0.00 $0.00 0.00% Expenditure CITY OF SPRING PARK 04/26/22 10:49 AM *Budget YTD Rev-Exp© Page 9 Current Period:April 2022 2022 2022 April 2022 %of YTD Budget YTD Amt MTD Amt YTD Balance Budget Active E 999-49999-100 Wage $0.00 $0.00 $0.00 $0.00 0.00% Active E 999-49999-129 Pension Expense $0.00 $0.00 $0.00 $0.00 0.00% Active E 999-49999-405 Depreciation $0.00 $0.00 $0.00 $0.00 0.00% Active E 999-49999-500 Capital Outlay $0.00 $0.00 $0.00 $0.00 0.00% Active E 999-49999-601 Debt Sry Bond Pri $0.00 $0.00 $0.00 $0.00 0.00% Active E 999-49999-611 Bond Interest $0.00 $0.00 $0.00 $0.00 0.00% Total Expenditure $0.00 $0.00 $0.00 $0. 00 0.00% Total CONVERSION FUND $0.00 $0.00 $0.00 $0.00 0.00% Report Total ($144,167.00) ($769,885.87) ($64,395.43) $625,718.87 534.02%