Loading...
HomeMy WebLinkAbout01-04-2021 EDA Packet ECONOMIC DEVELOPMENT AUTHORITY AGENDA January 4, 2021 6:00 PM City Hall Council Chambers 590 40th Avenue NE Columbia Heights, MN 55421 NOTICE THAT THIS MEETING MAY BE CONDUCTED BY A COMBINATION OF IN-PERSON AND ELECTRONIC MEANS Following a determination by City Manager Kelli Bourgeois, and emergencies declared by the United States, The State of Minnesota, and the Columbia Heights Mayor & City Council, this meeting may, pursuant to Minn. Stat. § 13D.021, occur by a combination of in -person and electronic means. In all meeting formats whether solely in -person or a combination of in- person and electronic means, members of the public who wish to attend may do so by attending in-person or by calling 1-312-626-6799 and entering meeting ID 881 1056 7645 at the scheduled meeting time. If there are any questions about this notice or attending/calling in to the meeting, please contact the City Clerk at (763) 706 -3611. 1. Call to Order 2. Roll Call 3. Pledge of Allegiance 4. Election of Officers Meeting to resume under the leadership of the newly elected EDA President CONSENT AGENDA 5. Approve special meeting minutes of December 21, 2020 6. Approve Financial Reports and Payment of Bills for November, 2020 - Resolution 2021- 01 Motion: Move to approve the Consent Agenda as presented. BUSINESS ITEMS 7. Designation of Official Depositories for the EDA – Resolution 2021-02 1 Motion: Move to waive the reading of Resolution 2021-02, there being ample copies available to the public. Motion: Move to adopt Resolution 2021-02, a resolution designating official depositories for the Columbia Heights Economic Development Authority. OTHER BUSINESS 8. Project Updates 9. Adjourn 2 AGENDA SECTION ELECTION OF OFFICERS ITEM NO. 4 MEETING DATE JANUARY 4, 2021 CITY OF COLUMBIA HEIGHTS – ECONOMIC DEVELOPMENT AUTHORITY 2021 EDA Election of Officers ITEM: Election of Economic Development Authority Officers DEPARTMENT: Community Development CITY MANAGER’S APPROVAL: BY/DATE: Mitchell Forney, December 28, 2020 BY/DATE: BACKGROUND: Pursuant to the bylaws of the Columbia Heights Economic Development Authority (the “EDA”), officers are required to be elected annually. The 2020 EDA officers that served are as follows:  President – Marlaine Szurek  Vice President – Donna Schmitt  Treasurer – Connie Buesgens In order for an EDA Commissioner to be considered for an officer position, an EDA Commissioner must be nominated by another commissioner, or by him or herself. The bylaws require that the Executive Director or his/her designee conduct the following nomination process. 1. President a. Please provide all nominations for President of the EDA. b. Vote individually for each nominated member. c. The member with the most votes is declared the President of the EDA by the Executive Director. 2. Vice President a. Please provide all nominations for Vice President of the EDA. b. Vote individually for each nominated member. c. The member with the most votes is declared the Vice President of the EDA by the Executive Director. 3. Treasurer a. Please provide all nominations for Treasurer of the EDA. b. Vote individually for each nominated member. c. The member with the most votes is declared the Treasurer of the EDA by the Executive Director. Furthermore, it should be noted that the EDA bylaws require the City Ma nager (Kelli Bourgeois) to serve as the “Executive Director”, the Community Development Director to serve as “Deputy Director” and the Finance Director to serve as the “Assistant Treasurer”. The bylaws also specify that the position of “Secretary” be appointed by the EDA. Thus, it is recommended that the Community Development Department’s Administrative Assistant, serve as the Secretary. Staff recommends approval of the following motions: 3 City of Columbia Heights - EDA Letter Page 2 Motion: Move to elect ____________________ as President of the Economic Development Authority. Motion: Move to elect ____________________ as Vice President of the Economic Development Authority. Motion: Move to elect ____________________ as Treasurer of the Economic Development Authority. Motion: Move to appoint the Community Development Department’s Administrative Assistant as the Secretary of the Economic Development Authority. Following ratification of the above motions, the newly elected President of the EDA will now preside over the remainder of the meeting. 4 ECONOMIC DEVELOPMENT AUTHORITY (EDA) MINUTES OF THE SPECIAL MEETING OF DECEMBER 21, 2020 The meeting was called to order at 3:00 pm by Chair Szurek. Chair Szurek read a notice that the meeting would be conducted by a combination of in-person and electronic means. Members Present: Novitsky, Schmitt, Herringer, Murzyn, Williams, and Szurek. Member Buesgens was present through Zoom. Staff Present: Aaron Chirpich (Community Development Director), Kelli Bourgeois (City Manager), and Shelley Hanson (Recording Secretary). PLEDGE OF ALLEGIANCE- RECITED CONSENT AGENDA 1. Approve the minutes from the meetings of December 7, 2020 Motion by Schmitt, seconded by Buesgens, to approve the minutes of December 7, 2020, as presented. Roll Call Vote: All ayes. MOTION PASSED. BUSINESS ITEMS 1. Approve Amendment to Purchase Agreement for 1002 40th Ave NE-Resolution 2020-22 The EDA approved the purchase of 1002 40th Avenue NE on December 7, 2020. Following approval by the EDA, staff began to prepare for the closing. During review of the transaction by the title company representing the City, an issue was identified with the purchase agreement. The sale of 1002 40th is being managed by the daughter of the current owners who have recently moved into an assisted living facility. The daughter is acting in the capacity of Attorney-In-Fact to complete the transaction for her parents. The purchase agreement that was prepared by the listing agent representing the seller indicates only the daughter as seller. The title company and the City’s redevelopment counsel both agree that the actual owners need to be represented on the purchase agreement. To clear up the discrepancy, the City’s realtor representative has prepared the attached amendment to the purchase agreement. The amendment has been reviewed and approved by title and the City’s redevelopment counsel. (A copy of the amendment was included in the agenda packet). Staff recommends approving the amendment to the purchase agreement as presented. Questions/comments by members: There were no questions. 5 EDA Page 2 December 21, 2020 Motion by Novitsky, seconded by Murzyn, to waive the reading of Resolution 2020-22, there being ample copies available to the public. A Roll Call Vote was taken. All ayes. MOTION PASSED. Motion by Novitsky, seconded by Murzyn, to adopt Resolution 2020-22, a resolution approving an amendment to purchase agreement for the purchase of 1002 40th Avenue NE. A Roll Call Vote was taken. All ayes. MOTION PASSED. EDA RESOLUTION NO. 2020-22 RESOLUTION APPROVING AN AMENDMENT TO PURCHASE AGREEMENT FOR THE PURCHASE OF 1002 40TH AVENUE NE BE IT RESOLVED BY the Board of Commissioners ("Board") of the Columbia Heights Economic Development Authority, Columbia Heights, Minnesota (the "Authority") as follows: Section 1. Recitals. 1.01. On December 7, 2020, the Authority adopted its Resolution No. 2020-21, approving a purchase agreement (the “Purchase Agreement”) between the Authority and Lori Gibson for the purchase by the Authority of certain property located at 1002 40th Avenue NE in the City of Columbia Heights (the “Property”), described in Exhibit A attached hereto. 1.02. The parties have determined that it is necessary to amend the Purchase Agreement to clarify that the fee owners of the Property are Jerome Earl Swanson and Mary C. Swanson, married to each other (“Sellers”), and that Lori Gibson serves as Attorney-In-Fact to the Sellers. 1.03. The parties have negotiated and propose to execute an Amendment to the Purchase Agreement (the “Amendment”), pursuant to which the Sellers are correctly identified and the power of attorney of Lori Gibson is acknowledged. Section 2. Amendment Approved. 2.01. The Amendment as presented to the Board is hereby in all respects approved, subject to modifications that do not alter the substance of the transaction and that are approved by the President and Executive Director, provided that execution of the Amendment by such officials shall be conclusive evidence of approval. 2.02. The President and Executive Director are hereby authorized to execute on behalf of the Authority the Amendment and any documents necessary to acquire the Property from the Sellers, and to carry out, on behalf of the Authority, its obligations thereunder. 2.03. Authority staff and consultants are authorized to take any actions necessary to carry out the intent of this resolution. Approved this 21st day of December, 2020, by the Board of Commissioners of the Columbia Heights Economic Development Authority. _____________________________ President ATTEST: ____________________________ 6 Secretary EDA Page 3 December 21, 2020 EXHIBIT A Property Lot 19, Block 6, Reservoir Hills, Anoka County, Minnesota. Abstract property. OTHER BUSINESS The next regularly scheduled meeting is January 4, 2021. Motion by Novitsky, seconded by Murzyn, to adjourn the meeting at 3:07 pm. Respectfully submitted, Shelley Hanson Secretary 7 Resolution 2021-01 RESOLUTION NO. 2021-01 A RESOLUTION OF THE ECONOMIC DEVELOPMENT AUTHORITY OF COLUMBIA HEIGHTS, MINNESOTA, APPROVING THE FINANCIAL STATEMENTS FOR THE MONTH OF NOVEMBER 2020, AND THE PAYMENT OF THE BILLS FOR THE MONTH OF NOVEMBER 2020. WHEREAS, the Columbia Heights Economic Development Authority (the “EDA”) is required by Minnesota Statutes Section 469.096, Subd. 9, to prepare a detailed financial statement which shows all receipts and disbursements, their nature, the money on hand, the purposes to which the money on hand is to be applied, the EDA's credits and assets and its outstanding liabilities; and WHEREAS, said Statute also requires the EDA to examine the statement and treasurer's vouchers or bills and if correct, to approve them by resolution and enter the resolution in its records; and WHEREAS, the financial statements for the month of November, 2020 have been reviewed by the EDA Commission; and WHEREAS, the EDA has examined the financial statements and finds them to be acceptable as to both form and accuracy; and WHEREAS, the EDA Commission has other means to verify the intent of Section 469.096, Subd. 9, including but not limited to Comprehensive Annual Financial Reports, Annual City approved Budgets, Audits and similar documentation; and WHEREAS, financials statements are held by the City’s Finance Department in a method outlined by the State of Minnesota’s Records Retention Schedule, NOW, THEREFORE BE IT RESOLVED by the Board of Commissioners of the Columbia Heights Economic Development Authority that it has examined the referenced financial statements including the check history, and they are found to be correct, as to form and content; and BE IT FURTHER RESOLVED the financial statements are acknowledged and received and the check history as presented in writing is approved for payment out of proper funds; and BE IT FURTHER RESOLVED this resolution is made a part of the permanent records of the Columbia Heights Economic Development Authority. ORDER OF ECONOMIC DEVELOPMENT AUTHORITY Passed this 4th day of January, 2021 Offered by: Seconded by: Roll Call: President Attest: Assistant Secretary 8 COLUMBIA HEIGHTS ECONOMIC DEVELOPMENT AUTHORITY CASH DISBURSEMENTS FOR THE MONTH ENDING NOVEMBER 30, 2020 CHECK#CHECK DATE VENDOR NAME AMOUNT FUND DETAIL DESCR 183098 112520 COMCAST 19.15 204 Monthly Service 183098 112520 COMCAST 19.15 204 Monthly Service 182937 111920 ECM PUBLISHERS INC 56.25 204 PH-NOV 4 VARIANCE 102320 183120 112520 INNOVATIVE OFFICE SOLUTN 30.54 204 2020 CALENDARS 183132 112520 MARCO, INC 392.96 204 MARCO/MITEL SUPPORT 182879 111220 POPP.COM INC 76.62 204 Monthly Service 182831 111220 HIGH PROFILE GROUNDS MAI 580 228 SNOW REMOVEL 10/21&10/23 183113 112520 HIGH PROFILE GROUNDS MAI 430 228 VANBUREN DEICING 102620 182972 111920 XCEL ENERGY (N S P)765.62 228 Monthly Service 182938 111920 EHLERS & ASSOCIATES INC 795 372 TIF ADMIN 182938 111920 EHLERS & ASSOCIATES INC 500 372 CONTINUING DISCLOSURE 182938 111920 EHLERS & ASSOCIATES INC 73.75 376 ALATUS 182938 111920 EHLERS & ASSOCIATES INC 4,425.00 376 NE BUS CTR REDEV 182797 111220 BARNA GUZY & STEFFEN LTD 27,255.00 408 3989 CENTRAL LEGAL SERV 182797 111220 BARNA GUZY & STEFFEN LTD 7,161.25 408 CELL TOWER SETTLEMENT 182797 111220 BARNA GUZY & STEFFEN LTD 20,662.00 408 3989 CENTRAL LEGAL SERV 183082 112520 BARNA GUZY & STEFFEN LTD 210 408 3989 CENTRAL LEGAL SRVC 183082 112520 BARNA GUZY & STEFFEN LTD 1,061.00 408 CELL TOWER LEGAL SERV 182931 111920 CENTER POINT ENERGY 50.73 408 Monthly Service 182931 111920 CENTER POINT ENERGY 10.8 408 Monthly Service 183104 112520 EHLERS & ASSOCIATES INC 368.75 408 3989 CENTRAL TIF CONSULT 183126 112520 KELLER WILLIAMS INTEGRIT 5,000.00 408 1002 40TH EARNEST 183154 112520 SHORT ELLIOT HENDRICKSON 9,867.60 408 CELL TOWER 182972 111920 XCEL ENERGY (N S P)10.39 408 Monthly Service 182972 111920 XCEL ENERGY (N S P)18.19 408 Monthly Service 183168 112520 XCEL ENERGY (N S P)1.15 408 Monthly Service 183117 112520 HSA-UWC UNIFICATION CHUR 5,000.00 420 FINAL RELEASE ESCROW ACS FINANCIAL SYSTEM CITY OF COLUMBIA HEIGHTS 12/10/2020 13:35:43 Revenue Guideline GL520R-V08.14 PAGE 4 LEVEL OF DETAIL 1.0 THRU 3.0 FOR THE PERIOD(S) JAN 01, 2020 THROUGH NOV 30, 2020 ANNUAL ACT MTD POSTED ACT YTD POSTED REMAINING ADOPTED BUDGET REVISED BUDGET AND IN PROCESS AND IN PROCESS BALANCE PCT ----------------------------------- -------------- -------------- -------------- -------------- -------------- --- 201 PLANNING & INSPECTIONS 00 REVENUE LICENSES AND PERMITS 32110 LIQUOR, WINE & BEER LICENSE 14,785.00 14,785.00 250.00 250.00 14,535.00 1 32122 FOOD SVC VEHICLES 500.00 500.00 0.00 300.00 200.00 60 ------ 32125 MULTIPLE DWELLINGS 6,900.00 6,900.00 320.00 3,840.00 3,060.00 55 ----- 32161 CONTRACTOR 17,500.00 17,500.00 3,840.00 15,680.00 1,820.00 89 -------- 32168 OTHER PROFESSIONAL & OCCUP 2,400.00 2,400.00 0.00 4,000.00 1,600.00- 166 ----------!!!! 32178 OTHER AMUSEMENT LICENSES 1,000.00 1,000.00 119.85 695.00 305.00 69 ------ 32181 PLANNING AND ZONING FEES 5,200.00 5,200.00 0.00 10,462.10 5,262.10- 201 ----------!!!! 32188 OTHER BUSINESS LICENSES 3,800.00 3,800.00 630.00 2,788.50 1,011.50 73 ------- 32191 SPRINKLER PERMIT FEES 4,000.00 4,000.00 125.25 2,048.16 1,951.84 51 ----- 32192 BUILDING & MOVING PERMITS 231,000.00 231,000.00 64,956.27 218,305.00 12,695.00 94 --------- 32194 HEATING PERMITS 20,000.00 20,000.00 1,978.40 24,150.40 4,150.40- 120 ----------!! 32195 PLUMBING PERMITS 13,000.00 13,000.00 956.25 10,376.44 2,623.56 79 ------- 32197 ABANDONED PROP INSPECT FEE 500.00 500.00 0.00 0.00 500.00 0 TOTAL: LICENSES AND PERMITS 320,585.00 320,585.00 73,176.02 292,895.60 27,689.40 91 --------- MISCELLANEOUS 36260 SURCHARGE RETENTION 2,000.00 2,000.00 0.00 241.92 1,758.08 12 - 36290 OTHER MISC. REVENUE 0.00 0.00 0.00 30.00 30.00- 9999 ----------!!!! 36293 SAC/WAC CHARGES COLLECTED 0.00 0.00 0.00 99.40 99.40- 9999 ----------!!!! TOTAL: MISCELLANEOUS 2,000.00 2,000.00 0.00 371.32 1,628.68 18 - TRANSFERS & NONREV RECEIPTS 39203 TRANSFER IN FROM GENERAL FND 135,000.00 135,000.00 11,250.00 123,750.00 11,250.00 91 --------- TOTAL: TRANSFERS & NONREV RECEIPTS 135,000.00 135,000.00 11,250.00 123,750.00 11,250.00 91 --------- TOTAL: REVENUE 457,585.00 457,585.00 84,426.02 417,016.92 40,568.08 91 --------- TOTAL: PLANNING & INSPECTIONS 457,585.00 457,585.00 84,426.02 417,016.92 40,568.08 91 --------- 10 ACS FINANCIAL SYSTEM CITY OF COLUMBIA HEIGHTS 12/10/2020 13:35:43 Revenue Guideline GL520R-V08.14 PAGE 5 LEVEL OF DETAIL 1.0 THRU 3.0 FOR THE PERIOD(S) JAN 01, 2020 THROUGH NOV 30, 2020 ANNUAL ACT MTD POSTED ACT YTD POSTED REMAINING ADOPTED BUDGET REVISED BUDGET AND IN PROCESS AND IN PROCESS BALANCE PCT ----------------------------------- -------------- -------------- -------------- -------------- -------------- --- 202 ANOKA CO COMM DEV PROGRAMS 00 REVENUE 33165 FEDERAL GRANT PASS THROUGH 0.00 0.00 0.00 24,755.00 24,755.00- 9999 ----------!!!! 36400 PRINCIPAL REPAYMENT - LOANS 0.00 0.00 0.00 480.00 480.00- 9999 ----------!!!! TOTAL: REVENUE 0.00 0.00 0.00 25,235.00 25,235.00- 9999 ----------!!!! TOTAL: ANOKA CO COMM DEV PROGRAMS 0.00 0.00 0.00 25,235.00 25,235.00- 9999 ----------!!!! 11 ACS FINANCIAL SYSTEM CITY OF COLUMBIA HEIGHTS 12/10/2020 13:35:43 Revenue Guideline GL520R-V08.14 PAGE 6 LEVEL OF DETAIL 1.0 THRU 3.0 FOR THE PERIOD(S) JAN 01, 2020 THROUGH NOV 30, 2020 ANNUAL ACT MTD POSTED ACT YTD POSTED REMAINING ADOPTED BUDGET REVISED BUDGET AND IN PROCESS AND IN PROCESS BALANCE PCT ----------------------------------- -------------- -------------- -------------- -------------- -------------- --- 204 EDA ADMINISTRATION 00 REVENUE TAXES 31011 EDA CURRENT AD VALOREM 171,500.00 171,500.00 0.00 93,090.50 78,409.50 54 ----- 31014 AREA WIDE TAX 73,600.00 73,600.00 0.00 31,827.97 41,772.03 43 ---- 31020 DELINQ. AD VALOREM 0.00 0.00 0.00 782.26 782.26- 9999 ----------!!!! TOTAL: TAXES 245,100.00 245,100.00 0.00 125,700.73 119,399.27 51 ----- CHARGES FOR SERVICES 34112 ADMINISTRATIVE FEES 0.00 0.00 0.00 30.00 30.00- 9999 ----------!!!! TOTAL: CHARGES FOR SERVICES 0.00 0.00 0.00 30.00 30.00- 9999 ----------!!!! TOTAL: REVENUE 245,100.00 245,100.00 0.00 125,730.73 119,369.27 51 ----- TOTAL: EDA ADMINISTRATION 245,100.00 245,100.00 0.00 125,730.73 119,369.27 51 ----- 12 ACS FINANCIAL SYSTEM CITY OF COLUMBIA HEIGHTS 12/10/2020 13:35:43 Revenue Guideline GL520R-V08.14 PAGE 9 LEVEL OF DETAIL 1.0 THRU 3.0 FOR THE PERIOD(S) JAN 01, 2020 THROUGH NOV 30, 2020 ANNUAL ACT MTD POSTED ACT YTD POSTED REMAINING ADOPTED BUDGET REVISED BUDGET AND IN PROCESS AND IN PROCESS BALANCE PCT ----------------------------------- -------------- -------------- -------------- -------------- -------------- --- 226 SPECIAL PROJECT REVENUE 00 REVENUE 33422 STATE GRANT 0.00 0.00 0.00 2,700.00 2,700.00- 9999 ----------!!!! 34112 ADMINISTRATIVE FEES 0.00 0.00 0.00 19,785.00 19,785.00- 9999 ----------!!!! 36225 NONDWELLING RENTS 0.00 0.00 0.00 68,973.65 68,973.65- 9999 ----------!!!! TOTAL: REVENUE 0.00 0.00 0.00 91,458.65 91,458.65- 9999 ----------!!!! TOTAL: SPECIAL PROJECT REVENUE 0.00 0.00 0.00 91,458.65 91,458.65- 9999 ----------!!!! 13 ACS FINANCIAL SYSTEM CITY OF COLUMBIA HEIGHTS 12/10/2020 13:35:43 Revenue Guideline GL520R-V08.14 PAGE 10 LEVEL OF DETAIL 1.0 THRU 3.0 FOR THE PERIOD(S) JAN 01, 2020 THROUGH NOV 30, 2020 ANNUAL ACT MTD POSTED ACT YTD POSTED REMAINING ADOPTED BUDGET REVISED BUDGET AND IN PROCESS AND IN PROCESS BALANCE PCT ----------------------------------- -------------- -------------- -------------- -------------- -------------- --- 228 DOWNTOWN PARKING 00 REVENUE 36225 NONDWELLING RENTS 15,000.00 15,000.00 5,200.00 18,200.00 3,200.00- 121 ----------!! 39247 TRANSFER IN-SPECIAL PROJ REV 10,000.00 10,000.00 0.00 0.00 10,000.00 0 TOTAL: REVENUE 25,000.00 25,000.00 5,200.00 18,200.00 6,800.00 72 ------- TOTAL: DOWNTOWN PARKING 25,000.00 25,000.00 5,200.00 18,200.00 6,800.00 72 ------- 14 ACS FINANCIAL SYSTEM CITY OF COLUMBIA HEIGHTS 12/10/2020 13:35:43 Revenue Guideline GL520R-V08.14 PAGE 21 LEVEL OF DETAIL 1.0 THRU 3.0 FOR THE PERIOD(S) JAN 01, 2020 THROUGH NOV 30, 2020 ANNUAL ACT MTD POSTED ACT YTD POSTED REMAINING ADOPTED BUDGET REVISED BUDGET AND IN PROCESS AND IN PROCESS BALANCE PCT ----------------------------------- -------------- -------------- -------------- -------------- -------------- --- 371 TIF T4: KMART/CENTRAL AVE 00 REVENUE TAXES 31010 CURRENT AD VALOREM 81,000.00 81,000.00 0.00 1.08- 81,001.08 0 31020 DELINQ. AD VALOREM 0.00 0.00 0.00 1.08 1.08- 9999 ----------!!!! TOTAL: TAXES 81,000.00 81,000.00 0.00 0.00 81,000.00 0 MISCELLANEOUS 36210 INTEREST ON INVESTMENTS 5,000.00 5,000.00 0.00 0.00 5,000.00 0 TOTAL: MISCELLANEOUS 5,000.00 5,000.00 0.00 0.00 5,000.00 0 TOTAL: REVENUE 86,000.00 86,000.00 0.00 0.00 86,000.00 0 TOTAL: TIF T4: KMART/CENTRAL AVE 86,000.00 86,000.00 0.00 0.00 86,000.00 0 15 ACS FINANCIAL SYSTEM CITY OF COLUMBIA HEIGHTS 12/10/2020 13:35:43 Revenue Guideline GL520R-V08.14 PAGE 22 LEVEL OF DETAIL 1.0 THRU 3.0 FOR THE PERIOD(S) JAN 01, 2020 THROUGH NOV 30, 2020 ANNUAL ACT MTD POSTED ACT YTD POSTED REMAINING ADOPTED BUDGET REVISED BUDGET AND IN PROCESS AND IN PROCESS BALANCE PCT ----------------------------------- -------------- -------------- -------------- -------------- -------------- --- 372 HUSET PARK AREA TIF (T6) 00 REVENUE 31010 CURRENT AD VALOREM 189,800.00 189,800.00 0.00 348,949.23 159,149.23- 183 ----------!!!! 31020 DELINQ. AD VALOREM 0.00 0.00 0.00 667.98 667.98- 9999 ----------!!!! 36210 INTEREST ON INVESTMENTS 5,000.00 5,000.00 0.00 0.00 5,000.00 0 TOTAL: REVENUE 194,800.00 194,800.00 0.00 349,617.21 154,817.21- 179 ----------!!!! TOTAL: HUSET PARK AREA TIF (T6) 194,800.00 194,800.00 0.00 349,617.21 154,817.21- 179 ----------!!!! 16 ACS FINANCIAL SYSTEM CITY OF COLUMBIA HEIGHTS 12/10/2020 13:35:43 Revenue Guideline GL520R-V08.14 PAGE 24 LEVEL OF DETAIL 1.0 THRU 3.0 FOR THE PERIOD(S) JAN 01, 2020 THROUGH NOV 30, 2020 ANNUAL ACT MTD POSTED ACT YTD POSTED REMAINING ADOPTED BUDGET REVISED BUDGET AND IN PROCESS AND IN PROCESS BALANCE PCT ----------------------------------- -------------- -------------- -------------- -------------- -------------- --- 385 TIF K2 M.U.R.P. 00 REVENUE TAXES 31010 CURRENT AD VALOREM 0.00 0.00 0.00 16,452.56 16,452.56- 9999 ----------!!!! TOTAL: TAXES 0.00 0.00 0.00 16,452.56 16,452.56- 9999 ----------!!!! TRANSFERS & NONREV RECEIPTS 39204 TRANSFER IN-OTHER 0.00 0.00 0.00 37,655.00 37,655.00- 9999 ----------!!!! TOTAL: TRANSFERS & NONREV RECEIPTS 0.00 0.00 0.00 37,655.00 37,655.00- 9999 ----------!!!! TOTAL: REVENUE 0.00 0.00 0.00 54,107.56 54,107.56- 9999 ----------!!!! TOTAL: TIF K2 M.U.R.P. 0.00 0.00 0.00 54,107.56 54,107.56- 9999 ----------!!!! 17 ACS FINANCIAL SYSTEM CITY OF COLUMBIA HEIGHTS 12/10/2020 13:35:43 Revenue Guideline GL520R-V08.14 PAGE 25 LEVEL OF DETAIL 1.0 THRU 3.0 FOR THE PERIOD(S) JAN 01, 2020 THROUGH NOV 30, 2020 ANNUAL ACT MTD POSTED ACT YTD POSTED REMAINING ADOPTED BUDGET REVISED BUDGET AND IN PROCESS AND IN PROCESS BALANCE PCT ----------------------------------- -------------- -------------- -------------- -------------- -------------- --- 389 TIF R8 CRESTV/TRANSITION BLK 00 REVENUE TAXES 31010 CURRENT AD VALOREM 0.00 0.00 0.00 29,891.44 29,891.44- 9999 ----------!!!! TOTAL: TAXES 0.00 0.00 0.00 29,891.44 29,891.44- 9999 ----------!!!! TOTAL: REVENUE 0.00 0.00 0.00 29,891.44 29,891.44- 9999 ----------!!!! TOTAL: TIF R8 CRESTV/TRANSITION BLK 0.00 0.00 0.00 29,891.44 29,891.44- 9999 ----------!!!! 18 ACS FINANCIAL SYSTEM CITY OF COLUMBIA HEIGHTS 12/10/2020 13:35:43 Revenue Guideline GL520R-V08.14 PAGE 26 LEVEL OF DETAIL 1.0 THRU 3.0 FOR THE PERIOD(S) JAN 01, 2020 THROUGH NOV 30, 2020 ANNUAL ACT MTD POSTED ACT YTD POSTED REMAINING ADOPTED BUDGET REVISED BUDGET AND IN PROCESS AND IN PROCESS BALANCE PCT ----------------------------------- -------------- -------------- -------------- -------------- -------------- --- 391 SCATTERED SITE TIF W3/W4 00 REVENUE 31010 CURRENT AD VALOREM 0.00 0.00 0.00 21,903.17 21,903.17- 9999 ----------!!!! TOTAL: REVENUE 0.00 0.00 0.00 21,903.17 21,903.17- 9999 ----------!!!! TOTAL: SCATTERED SITE TIF W3/W4 0.00 0.00 0.00 21,903.17 21,903.17- 9999 ----------!!!! 19 ACS FINANCIAL SYSTEM CITY OF COLUMBIA HEIGHTS 12/10/2020 13:35:43 Revenue Guideline GL520R-V08.14 PAGE 28 LEVEL OF DETAIL 1.0 THRU 3.0 FOR THE PERIOD(S) JAN 01, 2020 THROUGH NOV 30, 2020 ANNUAL ACT MTD POSTED ACT YTD POSTED REMAINING ADOPTED BUDGET REVISED BUDGET AND IN PROCESS AND IN PROCESS BALANCE PCT ----------------------------------- -------------- -------------- -------------- -------------- -------------- --- 408 EDA REDEVELOPMENT PROJECT FD 00 REVENUE 31012 HRA CURRENT AD VALOREM 175,000.00 175,000.00 0.00 90,755.96 84,244.04 51 ----- 31014 AREA WIDE TAX 75,100.00 75,100.00 0.00 34,996.00 40,104.00 46 ---- 34113 DEVELOPER FEES 0.00 0.00 0.00 72,951.95 72,951.95- 9999 ----------!!!! 36290 OTHER MISC. REVENUE 0.00 0.00 0.00 86.87 86.87- 9999 ----------!!!! 39100 SALE OF LAND 0.00 0.00 0.00 5,550,000.00 5,550,000.00- 9999 ----------!!!! TOTAL: REVENUE 250,100.00 250,100.00 0.00 5,748,790.78 5,498,690.78- 2298 ----------!!!! TOTAL: EDA REDEVELOPMENT PROJECT FD 250,100.00 250,100.00 0.00 5,748,790.78 5,498,690.78- 2298 ----------!!!! 20 ACS FINANCIAL SYSTEM CITY OF COLUMBIA HEIGHTS 12/10/2020 13:35:43 Revenue Guideline GL520R-V08.14 PAGE 32 LEVEL OF DETAIL 1.0 THRU 3.0 FOR THE PERIOD(S) JAN 01, 2020 THROUGH NOV 30, 2020 ANNUAL ACT MTD POSTED ACT YTD POSTED REMAINING ADOPTED BUDGET REVISED BUDGET AND IN PROCESS AND IN PROCESS BALANCE PCT ----------------------------------- -------------- -------------- -------------- -------------- -------------- --- 420 CAP IMPROVEMENT DEVELOPMENT 00 REVENUE 34113 DEVELOPER FEES 0.00 0.00 0.00 91,500.00 91,500.00- 9999 ----------!!!! TOTAL: REVENUE 0.00 0.00 0.00 91,500.00 91,500.00- 9999 ----------!!!! TOTAL: CAP IMPROVEMENT DEVELOPMENT 0.00 0.00 0.00 91,500.00 91,500.00- 9999 ----------!!!! 21 ACS FINANCIAL SYSTEM CITY OF COLUMBIA HEIGHTS 12/10/2020 13:40:19 Expenditure Guideline GL520R-V08.14 PAGE 1 LEVEL OF DETAIL 1.0 THRU 3.0 FOR THE PERIOD(S) JAN 01, 2020 THROUGH NOV 30, 2020 ANNUAL ACT MTD POSTED ACT YTD POSTED REMAINING REVISED BUDGET ENCUMBERED AND IN PROCESS AND IN PROCESS BALANCE PCT ----------------------------------- -------------- -------------- -------------- -------------- -------------- --- 201 PLANNING & INSPECTIONS 42400 PLANNING & INSPECTIONS PERSONAL SERVICES 1000 ACCRUED SALARIES 0.00 0.00 2,021.06 12,656.82 12,656.82- 9999 ----------!!!! 1010 REGULAR EMPLOYEES 269,300.00 0.00 20,137.64 221,840.80 47,459.20 82 -------- 1011 PART-TIME EMPLOYEES 47,000.00 0.00 2,725.23 24,600.26 22,399.74 52 ----- 1020 OVERTIME-REGULAR 1,500.00 0.00 54.63 1,078.35 421.65 71 ------- 1050 SEVERANCE PAY 0.00 0.00 0.00 23,377.88 23,377.88- 9999 ----------!!!! 1210 P.E.R.A. CONTRIBUTION 23,000.00 0.00 1,514.44 18,174.07 4,825.93 79 ------- 1220 F.I.C.A. CONTRIBUTION 24,300.00 0.00 1,767.39 19,866.74 4,433.26 81 -------- 1225 FLEX BENEFIT FICA 0.00 0.00 25.83 284.13 284.13- 9999 ----------!!!! 1300 INSURANCE 42,000.00 0.00 3,252.68 38,115.53 3,884.47 90 --------- 1510 WORKERS COMP INSURANCE PREM 2,200.00 0.00 147.75 1,652.17 547.83 75 ------- TOTAL: PERSONAL SERVICES 409,300.00 0.00 31,646.65 361,646.75 47,653.25 88 -------- SUPPLIES 2000 OFFICE SUPPLIES 1,400.00 0.00 0.00 553.07 846.93 39 --- 2020 COMPUTER SUPPLIES 100.00 0.00 0.00 0.00 100.00 0 2030 PRINTING & PRINTED FORMS 150.00 0.00 0.00 612.01 462.01- 408 ----------!!!! 2171 GENERAL SUPPLIES 100.00 0.00 0.00 90.97 9.03 90 --------- 2175 FOOD SUPPLIES 100.00 0.00 0.00 0.00 100.00 0 2280 VEHICLE REPAIR AND PARTS 600.00 0.00 0.00 110.25 489.75 18 - 2282 GAS, OIL, LUBRICANTS 500.00 0.00 29.12 414.65 85.35 82 -------- TOTAL: SUPPLIES 2,950.00 0.00 29.12 1,780.95 1,169.05 60 ------ OTHER SERVICES & CHARGES 3050 EXPERT & PROFESSIONAL SERV. 2,400.00 0.00 0.00 22,481.00 20,081.00- 936 ----------!!!! 3105 TRAINING & EDUC ACTIVITIES 2,000.00 0.00 0.00 0.00 2,000.00 0 3210 TELEPHONE & TELEGRAPH 900.00 0.00 392.96 552.71 347.29 61 ------ 3211 CELL PHONES 960.00 0.00 0.00 395.49 564.51 41 ---- 3220 POSTAGE 1,000.00 0.00 0.00 907.45 92.55 90 --------- 3250 OTHER COMMUNICATIONS 200.00 0.00 28.72 176.14 23.86 88 -------- 3310 LOCAL TRAVEL EXPENSE 500.00 0.00 0.00 0.00 500.00 0 3500 LEGAL NOTICE PUBLISHING 750.00 0.00 0.00 1,085.64 335.64- 144 ----------!!!! 3600 PROP & LIAB INSURANCE 3,200.00 0.00 266.67 2,933.37 266.63 91 --------- 4000 REPAIR & MAINT. SERVICES 825.00 0.00 44.83 359.28 465.72 43 ---- 4040 INFORMATION SYS:INTERNAL SVC 9,700.00 0.00 808.33 8,891.63 808.37 91 --------- 4050 GARAGE, LABOR BURD. 500.00 0.00 0.00 685.59 185.59- 137 ----------!!! 4310 CREDIT CARD FEES 1,030.00 0.00 1,419.40 2,639.51 1,609.51- 256 ----------!!!! 4330 SUBSCRIPTION, MEMBERSHIP 1,250.00 0.00 145.00 1,246.00 4.00 99 --------- 4380 COMMISSION & BOARDS 720.00 0.00 0.00 8.65 711.35 1 4390 TAXES & LICENSES 0.00 0.00 0.00 2,704.25 2,704.25- 9999 ----------!!!! TOTAL: OTHER SERVICES & CHARGES 25,935.00 0.00 3,105.91 45,066.71 19,131.71- 173 ----------!!!! OTHER FINANCING USES 7100 OPER. TRANSFER OUT - LABOR 19,500.00 0.00 1,625.00 17,875.00 1,625.00 91 --------- TOTAL: OTHER FINANCING USES 19,500.00 0.00 1,625.00 17,875.00 1,625.00 91 --------- 22 ACS FINANCIAL SYSTEM CITY OF COLUMBIA HEIGHTS 12/10/2020 13:40:19 Expenditure Guideline GL520R-V08.14 PAGE 2 LEVEL OF DETAIL 1.0 THRU 3.0 FOR THE PERIOD(S) JAN 01, 2020 THROUGH NOV 30, 2020 ANNUAL ACT MTD POSTED ACT YTD POSTED REMAINING REVISED BUDGET ENCUMBERED AND IN PROCESS AND IN PROCESS BALANCE PCT ----------------------------------- -------------- -------------- -------------- -------------- -------------- --- 201 PLANNING & INSPECTIONS TOTAL: PLANNING & INSPECTIONS 457,685.00 0.00 36,406.68 426,369.41 31,315.59 93 --------- TOTAL: PLANNING & INSPECTIONS 457,685.00 0.00 36,406.68 426,369.41 31,315.59 93 --------- 23 ACS FINANCIAL SYSTEM CITY OF COLUMBIA HEIGHTS 12/10/2020 13:40:19 Expenditure Guideline GL520R-V08.14 PAGE 3 LEVEL OF DETAIL 1.0 THRU 3.0 FOR THE PERIOD(S) JAN 01, 2020 THROUGH NOV 30, 2020 ANNUAL ACT MTD POSTED ACT YTD POSTED REMAINING REVISED BUDGET ENCUMBERED AND IN PROCESS AND IN PROCESS BALANCE PCT ----------------------------------- -------------- -------------- -------------- -------------- -------------- --- 202 ANOKA CO COMM DEV PROGRAMS 46350 CDBG - COMM DEV BLOCK GRANT OTHER SERVICES & CHARGES 3050 EXPERT & PROFESSIONAL SERV. 0.00 0.00 0.00 24,753.30 24,753.30- 9999 ----------!!!! TOTAL: OTHER SERVICES & CHARGES 0.00 0.00 0.00 24,753.30 24,753.30- 9999 ----------!!!! TOTAL: CDBG - COMM DEV BLOCK GRANT 0.00 0.00 0.00 24,753.30 24,753.30- 9999 ----------!!!! 46355 ANOKA CO HRA LEVY PROJECTS OTHER SERVICES & CHARGES 3050 EXPERT & PROFESSIONAL SERV. 0.00 0.00 0.00 1,156.00 1,156.00- 9999 ----------!!!! TOTAL: OTHER SERVICES & CHARGES 0.00 0.00 0.00 1,156.00 1,156.00- 9999 ----------!!!! TOTAL: ANOKA CO HRA LEVY PROJECTS 0.00 0.00 0.00 1,156.00 1,156.00- 9999 ----------!!!! TOTAL: ANOKA CO COMM DEV PROGRAMS 0.00 0.00 0.00 25,909.30 25,909.30- 9999 ----------!!!! 24 ACS FINANCIAL SYSTEM CITY OF COLUMBIA HEIGHTS 12/10/2020 13:40:19 Expenditure Guideline GL520R-V08.14 PAGE 4 LEVEL OF DETAIL 1.0 THRU 3.0 FOR THE PERIOD(S) JAN 01, 2020 THROUGH NOV 30, 2020 ANNUAL ACT MTD POSTED ACT YTD POSTED REMAINING REVISED BUDGET ENCUMBERED AND IN PROCESS AND IN PROCESS BALANCE PCT ----------------------------------- -------------- -------------- -------------- -------------- -------------- --- 204 EDA ADMINISTRATION 46314 ECONOMIC DEVELOPMENT AUTH PERSONAL SERVICES 1000 ACCRUED SALARIES 0.00 0.00 993.19 6,290.56 6,290.56- 9999 ----------!!!! 1010 REGULAR EMPLOYEES 148,300.00 0.00 11,335.24 97,438.21 50,861.79 65 ------ 1210 P.E.R.A. CONTRIBUTION 11,100.00 0.00 850.15 7,497.42 3,602.58 67 ------ 1220 F.I.C.A. CONTRIBUTION 11,300.00 0.00 901.78 7,850.67 3,449.33 69 ------ 1300 INSURANCE 21,900.00 0.00 755.59 8,023.81 13,876.19 36 --- 1510 WORKERS COMP INSURANCE PREM 1,100.00 0.00 76.26 671.64 428.36 61 ------ TOTAL: PERSONAL SERVICES 193,700.00 0.00 14,912.21 127,772.31 65,927.69 65 ------ SUPPLIES 2000 OFFICE SUPPLIES 1,300.00 0.00 30.54 30.54 1,269.46 2 2011 COMPUTER EQUIPMENT 0.00 0.00 0.00 1,891.26 1,891.26- 9999 ----------!!!! 2020 COMPUTER SUPPLIES 215.00 0.00 0.00 0.00 215.00 0 2171 GENERAL SUPPLIES 105.00 0.00 0.00 0.00 105.00 0 2175 FOOD SUPPLIES 210.00 0.00 0.00 0.00 210.00 0 TOTAL: SUPPLIES 1,830.00 0.00 30.54 1,921.80 91.80- 105 ---------- OTHER SERVICES & CHARGES 3050 EXPERT & PROFESSIONAL SERV. 6,980.00 0.00 0.00 2,481.00 4,499.00 35 --- 3105 TRAINING & EDUC ACTIVITIES 1,500.00 0.00 0.00 295.00 1,205.00 19 - 3210 TELEPHONE & TELEGRAPH 900.00 0.00 469.58 1,170.21 270.21- 130 ----------!!! 3220 POSTAGE 700.00 0.00 0.00 250.65 449.35 35 --- 3250 OTHER COMMUNICATIONS 250.00 0.00 38.30 228.83 21.17 91 --------- 3310 LOCAL TRAVEL EXPENSE 200.00 0.00 0.00 0.00 200.00 0 3500 LEGAL NOTICE PUBLISHING 315.00 0.00 56.25 343.13 28.13- 108 ---------- 3600 PROP & LIAB INSURANCE 3,600.00 0.00 300.00 3,300.00 300.00 91 --------- 4000 REPAIR & MAINT. SERVICES 0.00 0.00 44.83 474.78 474.78- 9999 ----------!!!! 4040 INFORMATION SYS:INTERNAL SVC 7,300.00 0.00 608.33 6,691.63 608.37 91 --------- 4330 SUBSCRIPTION, MEMBERSHIP 1,500.00 0.00 0.00 0.00 1,500.00 0 4380 COMMISSION & BOARDS 925.00 0.00 0.00 105.00 820.00 11 - TOTAL: OTHER SERVICES & CHARGES 24,170.00 0.00 1,517.29 15,340.23 8,829.77 63 ------ OTHER FINANCING USES 7100 OPER. TRANSFER OUT - LABOR 19,500.00 0.00 1,625.00 17,875.00 1,625.00 91 --------- TOTAL: OTHER FINANCING USES 19,500.00 0.00 1,625.00 17,875.00 1,625.00 91 --------- TOTAL: ECONOMIC DEVELOPMENT AUTH 239,200.00 0.00 18,085.04 162,909.34 76,290.66 68 ------ TOTAL: EDA ADMINISTRATION 239,200.00 0.00 18,085.04 162,909.34 76,290.66 68 ------ 25 ACS FINANCIAL SYSTEM CITY OF COLUMBIA HEIGHTS 12/10/2020 13:40:19 Expenditure Guideline GL520R-V08.14 PAGE 8 LEVEL OF DETAIL 1.0 THRU 3.0 FOR THE PERIOD(S) JAN 01, 2020 THROUGH NOV 30, 2020 ANNUAL ACT MTD POSTED ACT YTD POSTED REMAINING REVISED BUDGET ENCUMBERED AND IN PROCESS AND IN PROCESS BALANCE PCT ----------------------------------- -------------- -------------- -------------- -------------- -------------- --- 226 SPECIAL PROJECT REVENUE 52013 EAB TREE MANAGEMENT 1010 REGULAR EMPLOYEES 0.00 0.00 2,879.84 13,980.09 13,980.09- 9999 ----------!!!! 1210 P.E.R.A. CONTRIBUTION 0.00 0.00 215.98 1,048.50 1,048.50- 9999 ----------!!!! 1220 F.I.C.A. CONTRIBUTION 0.00 0.00 209.27 1,029.69 1,029.69- 9999 ----------!!!! 1300 INSURANCE 0.00 0.00 673.54 2,671.95 2,671.95- 9999 ----------!!!! 1510 WORKERS COMP INSURANCE PREM 0.00 0.00 108.83 503.09 503.09- 9999 ----------!!!! 2010 MINOR EQUIPMENT 0.00 0.00 0.00 5,929.91 5,929.91- 9999 ----------!!!! 2160 MAINT. & CONSTRUCT MATERIALS 0.00 0.00 0.00 8,406.25 8,406.25- 9999 ----------!!!! 2171 GENERAL SUPPLIES 0.00 0.00 0.00 1,186.36 1,186.36- 9999 ----------!!!! 4000 REPAIR & MAINT. SERVICES 0.00 0.00 0.00 57,965.31 57,965.31- 9999 ----------!!!! TOTAL: EAB TREE MANAGEMENT 0.00 0.00 4,087.46 92,721.15 92,721.15- 9999 ----------!!!! TOTAL: SPECIAL PROJECT REVENUE 0.00 0.00 4,087.46 92,721.15 92,721.15- 9999 ----------!!!! 26 ACS FINANCIAL SYSTEM CITY OF COLUMBIA HEIGHTS 12/10/2020 13:40:19 Expenditure Guideline GL520R-V08.14 PAGE 9 LEVEL OF DETAIL 1.0 THRU 3.0 FOR THE PERIOD(S) JAN 01, 2020 THROUGH NOV 30, 2020 ANNUAL ACT MTD POSTED ACT YTD POSTED REMAINING REVISED BUDGET ENCUMBERED AND IN PROCESS AND IN PROCESS BALANCE PCT ----------------------------------- -------------- -------------- -------------- -------------- -------------- --- 228 DOWNTOWN PARKING 46317 DOWNTOWN PARKING PERSONAL SERVICES 1070 INTERDEPARTMENTAL LABOR SERV 0.00 0.00 0.00 136.02 136.02- 9999 ----------!!!! 1210 P.E.R.A. CONTRIBUTION 0.00 0.00 0.00 10.19 10.19- 9999 ----------!!!! 1220 F.I.C.A. CONTRIBUTION 0.00 0.00 0.00 9.73 9.73- 9999 ----------!!!! 1300 INSURANCE 0.00 0.00 0.00 35.11 35.11- 9999 ----------!!!! 1510 WORKERS COMP INSURANCE PREM 0.00 0.00 0.00 11.08 11.08- 9999 ----------!!!! TOTAL: PERSONAL SERVICES 0.00 0.00 0.00 202.13 202.13- 9999 ----------!!!! OTHER SERVICES & CHARGES 3050 EXPERT & PROFESSIONAL SERV. 0.00 0.00 0.00 4,027.50 4,027.50- 9999 ----------!!!! 3600 PROP & LIAB INSURANCE 6,900.00 0.00 575.00 6,325.00 575.00 91 --------- 3810 ELECTRIC 0.00 0.00 765.62 6,533.01 6,533.01- 9999 ----------!!!! 3820 WATER 0.00 0.00 0.00 112.11 112.11- 9999 ----------!!!! 3850 SEWER 0.00 0.00 0.00 1,144.68 1,144.68- 9999 ----------!!!! 4000 REPAIR & MAINT. SERVICES 18,100.00 0.00 1,010.00 1,352.80 16,747.20 7 TOTAL: OTHER SERVICES & CHARGES 25,000.00 0.00 2,350.62 19,495.10 5,504.90 77 ------- TOTAL: DOWNTOWN PARKING 25,000.00 0.00 2,350.62 19,697.23 5,302.77 78 ------- TOTAL: DOWNTOWN PARKING 25,000.00 0.00 2,350.62 19,697.23 5,302.77 78 ------- 27 ACS FINANCIAL SYSTEM CITY OF COLUMBIA HEIGHTS 12/10/2020 13:40:19 Expenditure Guideline GL520R-V08.14 PAGE 27 LEVEL OF DETAIL 1.0 THRU 3.0 FOR THE PERIOD(S) JAN 01, 2020 THROUGH NOV 30, 2020 ANNUAL ACT MTD POSTED ACT YTD POSTED REMAINING REVISED BUDGET ENCUMBERED AND IN PROCESS AND IN PROCESS BALANCE PCT ----------------------------------- -------------- -------------- -------------- -------------- -------------- --- 371 TIF T4: KMART/CENTRAL AVE 47000 BONDS OTHER SERVICES & CHARGES 3050 EXPERT & PROFESSIONAL SERV. 5,000.00 0.00 0.00 12,012.03 7,012.03- 240 ----------!!!! 4344 SETTLEMENTS AND JUDGMENTS 0.00 0.00 0.00 227,885.37 227,885.37- 9999 ----------!!!! TOTAL: OTHER SERVICES & CHARGES 5,000.00 0.00 0.00 239,897.40 234,897.40- 4797 ----------!!!! CAPITAL OUTLAY 6010 PRINCIPAL 75,000.00 0.00 0.00 0.00 75,000.00 0 6110 INTEREST 5,800.00 0.00 0.00 0.00 5,800.00 0 6200 FISCAL AGENT CHARGES 1,200.00 0.00 0.00 475.00 725.00 39 --- TOTAL: CAPITAL OUTLAY 82,000.00 0.00 0.00 475.00 81,525.00 0 OTHER FINANCING USES 7435 TRANSFER OUT TO: OTHER 0.00 0.00 0.00 37,655.00 37,655.00- 9999 ----------!!!! TOTAL: OTHER FINANCING USES 0.00 0.00 0.00 37,655.00 37,655.00- 9999 ----------!!!! TOTAL: BONDS 87,000.00 0.00 0.00 278,027.40 191,027.40- 319 ----------!!!! TOTAL: TIF T4: KMART/CENTRAL AVE 87,000.00 0.00 0.00 278,027.40 191,027.40- 319 ----------!!!! 28 ACS FINANCIAL SYSTEM CITY OF COLUMBIA HEIGHTS 12/10/2020 13:40:19 Expenditure Guideline GL520R-V08.14 PAGE 28 LEVEL OF DETAIL 1.0 THRU 3.0 FOR THE PERIOD(S) JAN 01, 2020 THROUGH NOV 30, 2020 ANNUAL ACT MTD POSTED ACT YTD POSTED REMAINING REVISED BUDGET ENCUMBERED AND IN PROCESS AND IN PROCESS BALANCE PCT ----------------------------------- -------------- -------------- -------------- -------------- -------------- --- 372 HUSET PARK AREA TIF (T6) 47000 BONDS OTHER SERVICES & CHARGES 3050 EXPERT & PROFESSIONAL SERV. 9,000.00 0.00 1,295.00 3,030.75 5,969.25 33 --- 4600 LOANS & GRANTS 233,900.00 0.00 0.00 302,658.46 68,758.46- 129 ----------!! TOTAL: OTHER SERVICES & CHARGES 242,900.00 0.00 1,295.00 305,689.21 62,789.21- 125 ----------!! CAPITAL OUTLAY 6010 PRINCIPAL 130,000.00 0.00 0.00 130,000.00 0.00 100 ---------- 6110 INTEREST 62,000.00 0.00 0.00 61,957.50 42.50 99 --------- 6200 FISCAL AGENT CHARGES 1,200.00 0.00 0.00 0.00 1,200.00 0 TOTAL: CAPITAL OUTLAY 193,200.00 0.00 0.00 191,957.50 1,242.50 99 --------- TOTAL: BONDS 436,100.00 0.00 1,295.00 497,646.71 61,546.71- 114 ----------! TOTAL: HUSET PARK AREA TIF (T6) 436,100.00 0.00 1,295.00 497,646.71 61,546.71- 114 ----------! 29 ACS FINANCIAL SYSTEM CITY OF COLUMBIA HEIGHTS 12/10/2020 13:40:19 Expenditure Guideline GL520R-V08.14 PAGE 30 LEVEL OF DETAIL 1.0 THRU 3.0 FOR THE PERIOD(S) JAN 01, 2020 THROUGH NOV 30, 2020 ANNUAL ACT MTD POSTED ACT YTD POSTED REMAINING REVISED BUDGET ENCUMBERED AND IN PROCESS AND IN PROCESS BALANCE PCT ----------------------------------- -------------- -------------- -------------- -------------- -------------- --- 376 TIF DISTRICTS A3/C7/C8 47000 BONDS OTHER SERVICES & CHARGES 3050 EXPERT & PROFESSIONAL SERV. 0.00 0.00 4,498.75 5,797.00 5,797.00- 9999 ----------!!!! TOTAL: OTHER SERVICES & CHARGES 0.00 0.00 4,498.75 5,797.00 5,797.00- 9999 ----------!!!! TOTAL: BONDS 0.00 0.00 4,498.75 5,797.00 5,797.00- 9999 ----------!!!! TOTAL: TIF DISTRICTS A3/C7/C8 0.00 0.00 4,498.75 5,797.00 5,797.00- 9999 ----------!!!! 30 ACS FINANCIAL SYSTEM CITY OF COLUMBIA HEIGHTS 12/10/2020 13:40:19 Expenditure Guideline GL520R-V08.14 PAGE 31 LEVEL OF DETAIL 1.0 THRU 3.0 FOR THE PERIOD(S) JAN 01, 2020 THROUGH NOV 30, 2020 ANNUAL ACT MTD POSTED ACT YTD POSTED REMAINING REVISED BUDGET ENCUMBERED AND IN PROCESS AND IN PROCESS BALANCE PCT ----------------------------------- -------------- -------------- -------------- -------------- -------------- --- 385 TIF K2 M.U.R.P. 47000 TAX INCREMENT BONDS OTHER SERVICES & CHARGES 4344 SETTLEMENTS AND JUDGMENTS 0.00 0.00 0.00 249,578.00 249,578.00- 9999 ----------!!!! 4600 LOANS & GRANTS 0.00 0.00 0.00 1,794.00 1,794.00- 9999 ----------!!!! TOTAL: OTHER SERVICES & CHARGES 0.00 0.00 0.00 251,372.00 251,372.00- 9999 ----------!!!! TOTAL: TAX INCREMENT BONDS 0.00 0.00 0.00 251,372.00 251,372.00- 9999 ----------!!!! TOTAL: TIF K2 M.U.R.P. 0.00 0.00 0.00 251,372.00 251,372.00- 9999 ----------!!!! 31 ACS FINANCIAL SYSTEM CITY OF COLUMBIA HEIGHTS 12/10/2020 13:40:19 Expenditure Guideline GL520R-V08.14 PAGE 32 LEVEL OF DETAIL 1.0 THRU 3.0 FOR THE PERIOD(S) JAN 01, 2020 THROUGH NOV 30, 2020 ANNUAL ACT MTD POSTED ACT YTD POSTED REMAINING REVISED BUDGET ENCUMBERED AND IN PROCESS AND IN PROCESS BALANCE PCT ----------------------------------- -------------- -------------- -------------- -------------- -------------- --- 389 TIF R8 CRESTV/TRANSITION BLK 47000 BONDS OTHER SERVICES & CHARGES 3050 EXPERT & PROFESSIONAL SERV. 0.00 0.00 0.00 1,298.25 1,298.25- 9999 ----------!!!! 4600 LOANS & GRANTS 0.00 0.00 0.00 26,847.00 26,847.00- 9999 ----------!!!! TOTAL: OTHER SERVICES & CHARGES 0.00 0.00 0.00 28,145.25 28,145.25- 9999 ----------!!!! TOTAL: BONDS 0.00 0.00 0.00 28,145.25 28,145.25- 9999 ----------!!!! TOTAL: TIF R8 CRESTV/TRANSITION BLK 0.00 0.00 0.00 28,145.25 28,145.25- 9999 ----------!!!! 32 ACS FINANCIAL SYSTEM CITY OF COLUMBIA HEIGHTS 12/10/2020 13:40:19 Expenditure Guideline GL520R-V08.14 PAGE 34 LEVEL OF DETAIL 1.0 THRU 3.0 FOR THE PERIOD(S) JAN 01, 2020 THROUGH NOV 30, 2020 ANNUAL ACT MTD POSTED ACT YTD POSTED REMAINING REVISED BUDGET ENCUMBERED AND IN PROCESS AND IN PROCESS BALANCE PCT ----------------------------------- -------------- -------------- -------------- -------------- -------------- --- 408 EDA REDEVELOPMENT PROJECT FD 46314 ECONOMIC DEVELOPMENT AUTH 2010 MINOR EQUIPMENT 0.00 0.00 0.00 7,082.78 7,082.78- 9999 ----------!!!! 3050 EXPERT & PROFESSIONAL SERV. 0.00 0.00 0.00 3,630.00 3,630.00- 9999 ----------!!!! 4600 LOANS & GRANTS 0.00 0.00 0.00 5,040.00 5,040.00- 9999 ----------!!!! TOTAL: ECONOMIC DEVELOPMENT AUTH 0.00 0.00 0.00 15,752.78 15,752.78- 9999 ----------!!!! 46411 FACADE IMPROVEMENT GRANT 2010 MINOR EQUIPMENT 0.00 0.00 0.00 16,526.48 16,526.48- 9999 ----------!!!! 4600 LOANS & GRANTS 0.00 0.00 0.00 5,000.00 5,000.00- 9999 ----------!!!! TOTAL: FACADE IMPROVEMENT GRANT 0.00 0.00 0.00 21,526.48 21,526.48- 9999 ----------!!!! 46414 COMMERCIAL REVITALIZATION SUPPLIES 2010 MINOR EQUIPMENT 0.00 0.00 0.00 7,082.78- 7,082.78 9999 ----------!!!! TOTAL: SUPPLIES 0.00 0.00 0.00 7,082.78- 7,082.78 9999 ----------!!!! OTHER SERVICES & CHARGES 3050 EXPERT & PROFESSIONAL SERV. 0.00 0.00 1,639.75 8,505.05 8,505.05- 9999 ----------!!!! 3810 ELECTRIC 0.00 0.00 29.73 2,166.16 2,166.16- 9999 ----------!!!! 3830 GAS 0.00 0.00 61.53 190.46 190.46- 9999 ----------!!!! 4000 REPAIR & MAINT. SERVICES 0.00 0.00 0.00 514.00 514.00- 9999 ----------!!!! 4390 TAXES & LICENSES 0.00 0.00 0.00 2,289.73 2,289.73- 9999 ----------!!!! 4600 LOANS & GRANTS 50,000.00 0.00 0.00 950.00 49,050.00 1 TOTAL: OTHER SERVICES & CHARGES 50,000.00 0.00 1,731.01 14,615.40 35,384.60 29 -- CAPITAL OUTLAY 5110 LAND 200,000.00 0.00 5,000.00 138,882.09 61,117.91 69 ------ TOTAL: CAPITAL OUTLAY 200,000.00 0.00 5,000.00 138,882.09 61,117.91 69 ------ TOTAL: COMMERCIAL REVITALIZATION 250,000.00 0.00 6,731.01 146,414.71 103,585.29 58 ----- 46416 3989 CENTRAL AVE 3050 EXPERT & PROFESSIONAL SERV. 0.00 0.00 55,078.25 134,978.36 134,978.36- 9999 ----------!!!! 3220 POSTAGE 0.00 0.00 0.00 6.95 6.95- 9999 ----------!!!! 3810 ELECTRIC 0.00 0.00 0.00 1,189.87 1,189.87- 9999 ----------!!!! 4020 BUILDING MAINT:CONTRACT SVCS 0.00 0.00 0.00 260.37 260.37- 9999 ----------!!!! 4390 TAXES & LICENSES 0.00 0.00 0.00 1,152.46 1,152.46- 9999 ----------!!!! 5110 LAND 0.00 0.00 0.00 87,380.62 87,380.62- 9999 ----------!!!! 5191 ASSETS FOR RESALE 0.00 0.00 0.00 18,830.48 18,830.48- 9999 ----------!!!! 6210 MISCELLANEOUS FISCAL CHARGES 0.00 0.00 0.00 3,314.00 3,314.00- 9999 ----------!!!! TOTAL: 3989 CENTRAL AVE 0.00 0.00 55,078.25 247,113.11 247,113.11- 9999 ----------!!!! 52011 DEMO 3989 CENT AVE & RAMP 2171 GENERAL SUPPLIES 0.00 0.00 0.00 206.25 206.25- 9999 ----------!!!! 3050 EXPERT & PROFESSIONAL SERV. 0.00 0.00 9,867.60 9,867.60 9,867.60- 9999 ----------!!!! 3500 LEGAL NOTICE PUBLISHING 0.00 0.00 0.00 545.63 545.63- 9999 ----------!!!! TOTAL: DEMO 3989 CENT AVE & RAMP 0.00 0.00 9,867.60 10,619.48 10,619.48- 9999 ----------!!!! 33 ACS FINANCIAL SYSTEM CITY OF COLUMBIA HEIGHTS 12/10/2020 13:40:19 Expenditure Guideline GL520R-V08.14 PAGE 35 LEVEL OF DETAIL 1.0 THRU 3.0 FOR THE PERIOD(S) JAN 01, 2020 THROUGH NOV 30, 2020 ANNUAL ACT MTD POSTED ACT YTD POSTED REMAINING REVISED BUDGET ENCUMBERED AND IN PROCESS AND IN PROCESS BALANCE PCT ----------------------------------- -------------- -------------- -------------- -------------- -------------- --- 408 EDA REDEVELOPMENT PROJECT FD TOTAL: EDA REDEVELOPMENT PROJECT FD 250,000.00 0.00 71,676.86 441,426.56 191,426.56- 176 ----------!!!! 34 ACS FINANCIAL SYSTEM CITY OF COLUMBIA HEIGHTS 12/10/2020 13:40:19 Expenditure Guideline GL520R-V08.14 PAGE 41 LEVEL OF DETAIL 1.0 THRU 3.0 FOR THE PERIOD(S) JAN 01, 2020 THROUGH NOV 30, 2020 ANNUAL ACT MTD POSTED ACT YTD POSTED REMAINING REVISED BUDGET ENCUMBERED AND IN PROCESS AND IN PROCESS BALANCE PCT ----------------------------------- -------------- -------------- -------------- -------------- -------------- --- 420 CAP IMPROVEMENT DEVELOPMENT 46407 3930 UNIVERSITY 3050 EXPERT & PROFESSIONAL SERV. 0.00 0.00 0.00 1,906.25 1,906.25- 9999 ----------!!!! TOTAL: 3930 UNIVERSITY 0.00 0.00 0.00 1,906.25 1,906.25- 9999 ----------!!!! TOTAL: CAP IMPROVEMENT DEVELOPMENT 0.00 0.00 0.00 1,906.25 1,906.25- 9999 ----------!!!! 35 AGENDA SECTION BUSINESS ITEMS ITEM NO. 7 MEETING DATE JANUARY 4, 2021 CITY OF COLUMBIA HEIGHTS – ECONOMIC DEVELOPMENT AUTHORITY ITEM: Adopt Resolution 2021-02, Designating Official Depositories of the EDA DEPARTMENT: Community Development EXECUTIVE DIRECTOR’S APPROVAL: BY/DATE: Mitchell Forney, December 28, 2020 BY/DATE: BACKGROUND: The EDA is required to designate by resolution the depositories used for its funds and investments. The attached resolution follows the general format of resolutions passed in previous years by the EDA and City. Most general banking transactions of the EDA and City are conducted through Northeast Bank. Accounts are also maintained at Wells Fargo Bank of Minnesota, N.A., for certain specialized services such as payroll and debt service payments. The only material difference between this proposed resolution and the resolution adopted annually by the City Council is that the EDA resolution allows for the EDA’s funds to be held in accounts under name of the City. This has always been the EDA’s practice. Since the creation of the EDA in 1996, it has never had a separate checking account under its own name. All EDA expenditures since its inception have been made using checks drawn in the City’s name on behalf of the EDA. Under this resolution, investment firms used for the pooled investments of the EDA and City must have an office in the State of Minnesota, and all investments must comply with authorized investments as set forth in Minnesota statutes. STAFF RECOMMENDATION: Staff recommends maintaining these two banking relationships, as they meet the EDA’s current needs, and provide capacity for addressing the EDA’s evolving needs for electronic banking services. RECOMMENDED MOTION(S): Motion: Move to waive the reading of Resolution 2021-02, there being ample copies available to the public. Motion: Move to adopt Resolution 2021-02, a resolution designating official depositories for the Columbia Heights Economic Development Authority. ATTACHMENTS: Resolution 2021-02 36 Resolution 2021-02 RESOLUTION NO. 2021-02 A RESOLUTION OF THE COLUMBIA HEIGHTS ECONOMIC DEVELOPMENT AUTHORITY, DESIGNATING OFFICIAL DEPOSITORIES. Now, therefore, in accordance with the bylaws and regulations of the Columbia Heights Economic Development Authority (the Authority), the Board of Commissioners of the Authority makes the following: ORDER OF BOARD IT IS HEREBY RESOLVED, that Northeast Bank and Wells Fargo Bank of Minnesota, N.A., are hereby designated as depositories for the Authority’s funds. IT IS FURTHER RESOLVED, that the funds of the Authority can be held in accounts at these depositories under the name and federal identification number of the City of Columbia Heights, Minnesota (the City), together with the funds of the City, provided that separate fund accounting records are maintained for the respective Authority and City shares of such accounts in a manner consistent with generally accepted accounting and auditing standards. IT IS FURTHER RESOLVED, that the responsibility for countersigning orders and checks drawn against funds of the Authority, assigned in the Authority’s bylaws to the Authority President, is hereby delegated to the City Mayor. IT IS FURTHER RESOLVED, that checks, drafts, or other withdrawal orders issued against the funds of the Authority on deposit with these depositories under the City’s name shall be signed by the following: City Mayor City Manager City Finance Director and that said banks are hereby fully authorized to pay and charge said accounts for any such checks, drafts, or other withdrawal orders issued by the City on behalf of the Authority. IT IS FURTHER RESOLVED, that Northeast Bank and Wells Fargo Bank of Minnesota, N.A., are hereby requested, authorized and directed to honor checks, drafts or other orders for the payment of money drawn in the City’s name on behalf of the Authority, including those drawn to the individual order of any person or persons whose name or names appear thereon as signer or signers thereof, when bearing or purporting to bear the facsimile signatures of the following: City Mayor City Manager City Finance Director and that Northeast Bank and Wells Fargo Bank of Minnesota, N.A., shall be entitled to honor and to charge the Authority, or the City on behalf of the Authority, for all such checks, drafts or other orders, regardless of by whom or by what means the facsimile signature or signatures thereon may have been affixed thereto , if such facsimile signature or signatures resemble the facsimile specimens duly certified to or filed with the Banks by the City Finance Director or other officer of the Authority or City. 37 City of Columbia Heights – EDA Resolution Page 2 IT IS FURTHER RESOLVED, that the City Finance Director or their designee shall be authorized to make electronic funds transfers in lieu of issuing paper checks, subject to the controls required by Minnesota Statutes and by the City of Columbia Heights’ financial policies. IT IS FURTHER RESOLVED, that all transactions, if any, relating to deposits, withdrawals, re-discounts and borrowings by or on behalf of the Authority with said depositories, made directly by the Authority or by the City on the behalf of the Authority, prior to the adoption of this resolution be, and the same hereby are, in all things ratified, approved and confirmed. IT IS FURTHER RESOLVED, that any bank designated above as a depository, may be used as a depository for investment purposes, so long as the investments comply with authorized investments as set forth in Minnesota Statutes. IT IS FURTHER RESOLVED, that any brokerage firm with offices in the State of Minnesota may be used as a depository for investment purposes so long as the investments co mply with the authorized investments as set forth in Minnesota Statutes. IT IS FURTHER RESOLVED, that the funds of the Authority can be held in accounts at such brokerage firms under the name and federal identification number of the City, together with t he funds of the City, provided that separate fund accounting records are maintained for the respective Authority and City shares of such accounts in a manner consistent with generally accepted accounting and auditing standards. BE IT FURTHER RESOLVED, that any and all resolutions heretofore adopted by the Board of Commissioners of the Authority with regard to depositories or brokerage firms are superseded by this resolution. ORDER OF ECONOMIC DEVELOPMENT AUTHORITY Passed this 4th day of January, 2021 Offered by: Seconded by: Roll Call: President Attest: Secretary 38