HomeMy WebLinkAbout01-03-2022 EDA Packet
ECONOMIC DEVELOPMENT AUTHORITY
Public Safety Building—Training Room, 825 41st Ave
NE
Monday, January 03, 2022
6:00 PM
AGENDA
ATTENDANCE INFORMATION FOR THE PUBLIC
Members of the public who wish to attend may do so in-person, by calling 1-312-626-6799 and
entering meeting ID 840 7921 5021 or by Zoom at https://us02web.zoom.us/j/84079215021. For
questions please call the Community Development Department at 763-706-3670.
CALL TO ORDER/ROLL CALL
PLEDGE OF ALLEGIANCE
CONSENT AGENDA
MOTION: Move to approve the Consent Agenda as presented.
1. Approve Regular Meeting Minutes of November 1, 2021.
2. Approve Financial Reports and Payment of Bills of October and November 2021.
MOTION: Move to approve the Consent Agenda as presented.
BUSINESS ITEMS
3. Election of Economic Development Authority Officers.
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.
4. Designate Official Depositories of the Economic Development Authority.
MOTION: Move to waive the reading of Resolution 2022-02, there being ample copies
available to the public.
MOTION: Move to adopt Resolution 2022-02, a resolution designating official depositories,
for the Columbia Heights Economic Development Authority.
5. Resolution of Support for Tax Increment Financing.
MOTION: Move to waive the reading of Resolution 2022-03, there being ample copies
available to the public.
MOTION: Move to adopt Resolution 2022-03, a resolution of the Columbia Heights
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City of Columbia Heights AGENDA January 03, 2022
Economic Development Authority Page 2
Economic Development Authority supporting use of tax increment financing for a rental
housing development project.
PUBLIC HEARINGS
OTHER BUSINESS
ADJOURNMENT
Auxiliary aids or other accommodations for individuals with disabilities are available upon request when the request is
made at least 72 hours in advance. Please contact Administration at 763-706-3610 to make arrangements.
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MINUTES
CITY OF COLUMBIA HEIGHTS
ECONOMIC DEVELOPMENT AUTHORITY (EDA) MEETING
NOVEMBER 1, 2021
The meeting was called to order at 6:00 pm by Chair Szurek.
Members present: Connie Buesgens; Gerry Herringer; Kt Jacobs; John Murzyn, Jr; Nick Novitsky;
Amada Márquez-Simula; Marlaine Szurek
Staff Present: Kelli Bourgeois, City Manager; Aaron Chirpich, Community Development Director; Alicia
Howe, Administrative Assistant; Sara Ion, City Clerk; Juanita Martinez, Accounting Clerk
PLEDGE OF ALLEGIANCE
CONSENT AGENDA
1. Approve the minutes of the regular EDA Meeting of September 7, 2021.
2. Approve financial reports and payment of bills for August and September 2021 – Resolution No.
2021-18.
Herringer asked for clarification about TIF payments. Chirpich explained that the proposed payments
are the first of biannual payments that the City makes back to TIF districts. Every year the County
certifies taxes and the City gets a report from Ehler s that goes through back the historical records on
TIF districts and notifies the City of its obligations under those TIF notes about what needs to be paid.
Herringer inquired about the Short Elliot Hendrickson (SEH) payment of $8,810.00 to Cell Tower Design
073121. Chirpich said SHE is the City’s engineer for the cell tower at the Library.
Herringer inquired about the final AT&T Settlement payment of $342,736.63. Chirpich explained that
it is the final settlement payment to AT&T as part of the negoti ated relocation of their equipment from
the rooftop of 3989 to the new tower.
Herringer inquired about the Vinco, Inc. payment of $235,300.00 for the communications tower and
credit of $11,765.00 cited as “less 5% retainage.” Chirpich explained that it was for the contractor that
was selected to build the new tower. Herringer asked if there is a compilation yet of what the whole
project cost the City. Chirpich said he could get for him a full b reakdown accounting, as Finance put
together a spreadsheet for the settlement statement. All things considered, it’s just over $1 million.
The tower estimates from the original were higher than what resulted, as the City got a better tower
pricing than anticipated. Herringer said it is interesting because it gives some basis for future planning,
what the City is doing and how the City has to be careful.
Motion by Jacobs, seconded by Murzyn Jr, to approve the Consent Agenda as presented. All ayes of
present. MOTION PASSED.
RESOLUTION NO. 2021-18
A RESOLUTION OF THE ECONOMIC DEVELOPMENT AUTHORITY OF COLUMBIA HEIGHTS, MINNESOTA,
APPROVING THE FINANCIAL STATEMENTS FOR THE MONTHS OF AUGUST AND SEPTEMBER 2021,
AND THE PAYMENT OF THE BILLS FOR THE MONTHS OF AUGUST AND SEPTEMBER 2021.
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Item 1.
City of Columbia Heights MINUTES November 1, 2021
EDA Meeting Page 2
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 months of August, and September 2021 have been
reviewed by the EDA Commission; and
WHEREAS, the EDA has examined the financial statements and finds them to be acceptab le 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 1st day of November, 2021
Offered by: Jacobs
Seconded by: Murzyn, Jr.
Roll Call: All ayes of present
President
Attest:
Assistant Secretary
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City of Columbia Heights MINUTES November 1, 2021
EDA Meeting Page 3
BUSINESS ITEMS
3. Approve Amended EDA Budget – Resolution No. 2021-14
Chirpich reported that the EDA approved Resolution 2021-14 at their September 7, 2021 regular
meeting, which contained a numerical error. Because the error relates to a budget resolution, staff
would like to make the correction in a formal manner. The resolution incorrectly listed the EDA
levy amount for the 2022 budget at $250,028. This amount reflects the 2022 operating budget for
the EDA and not the requested full levy amount of $255,500. The budget and staff memo
presented to the Commission at the September 7 meeting contained both the right amounts for
the requested administration budget and corresponding levy. Therefore, deliberations at the
meeting were based upon the correct amounts. To fix the error in Resolution No. 2021-14, staff
has amended the resolution to show the correct levy amount.
Questions/Comments from Members:
There were no questions.
Motion by Buesgens, seconded by Murzyn Jr, to waive the reading of Amended Resolution No.
2021-14, there being ample copies available to the public. All ayes of present. MOTION PASSED.
Motion by Buesgens, seconded by Murzyn Jr., to approve Amended Resolution No. 2021-14, a
resolution of the Columbia Heights Economic Development Authority, adopting a budget for the fiscal
year of 2022 and setting the 2021 tax levy, payable in 2022. All ayes of present. MOTION PASSED.
AMENDED RESOLUTION NO. 2021-14
A RESOLUTION OF THE COLUMBIA HEIGHTS ECONOMIC DEVELOPMENT AUTHORITY, ADOPTING A
BUDGET FOR THE FISCAL YEAR OF 2022 AND SETTING THE 2021 TAX LEVY, PAYABLE IN 2022
BE IT RESOLVED, by the Columbia Heights Economic Development Authority (the “EDA”) as follows:
WHEREAS, the City of Columbia Heights (the “City”) established the EDA by an enabling resolution
adopted on January 8, 1996, pursuant to Minnesota Statutes 469.090 to 469.1081 (the “EDA Act”); and
WHEREAS, the City Council of the City has given to the EDA the responsibility for all development and
redevelopment projects and programs; and
WHEREAS, under Section 469.107 of the EDA Act, the City is authorized to levy a tax for the benefit of
the EDA on its area of operation for the purposes authorized under the EDA Act, subject to the
approval of the City Council;
NOW, THEREFORE BE IT RESOLVED, by the Board of Commissioners of the Columbia Heights Economic
Development Authority, that the EDA adopts and requests the City Council’s approval of its budget in
the amount of $565,500 for 2022; and
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City of Columbia Heights MINUTES November 1, 2021
EDA Meeting Page 4
BE IT FURTHER RESOLVED, that the EDA adopts and requests the City Council’s approval of an EDA tax
levy under Section 469.107 of the EDA Act, in the amount of $255,500 for taxes payable in 2022; and
BE IT FURTHER RESOLVED, that Amended Resolution 2021-14 replaces Resolution 2021-14 that was
approved by the EDA on September 7, 2021; and
BE IT FURTHER RESOLVED, that the Executive Director is instructed to transmit a copy of this
resolution to the City Manager, Finance Director, and City Clerk of the City of Columbia Heights,
Minnesota.
ORDER OF ECONOMIC DEVELOPMENT AUTHORITY
Passed this 1st day of November, 2021
Offered by: Buesgens
Seconded by: Murzyn, Jr.
Roll Call: All ayes of present
President
Attest:
Assistant Secretary
4. Approve Demolition Contract for 960, 1002 and 230 4 0th Avenue NE – Resolution No. 2021-19
Chirpich reported that the EDA recently acquired three single-family homes located at 960, 1002
and 230 40th Avenue NE. The properties were purchased for redevelopment purposes though
there are no immediate plans. The next step in the process is to remove all existing site
improvements to prepare the properties for future projects. The homes have been prepared for
demolition through the removal of any hazardous materials and disconnection of all utilities. One
caveat to the topsoil-seed-blanket scenario would be 960 40th, which is located directly next to the
3989 Central Avenue redevelopment site. In this location, the excavated areas on the property
would be covered with Class-5 gravel because Doran Construction, the contractor for the 3989
Central Avenue redevelopment project will be utilizing it as a temporary parking area as
construction continues over the next year. Then topsoil will be placed once the City can fully clean
that area out.
Staff requested quotes for demolition, site grading and utility work from three contractors and two
bids were received from Drobnick’s Demolition for $41,295 and Nitti Rollof Services, Inc. for
$58,975. Staff recommends awarding the contract for demolition, site grading and utility work to
Drobnick’s Demolition in the amount of $41,295. Weather permitting; staff expects the contracted
work to be completed by the end of November.
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City of Columbia Heights MINUTES November 1, 2021
EDA Meeting Page 5
Questions/Comments from Members:
Szurek asked if the 960 40th Avenue NE construction shack has been removed. Chirpich said there
is a job site trailer directly behind the house at 960 40th, shoehorned in the area, and the Dorn will
transfer into the building as soon as possible and turn the heat on. She realized they were going to
use it for their construction shack because the building was not enclosed and asked if it was going
to inconvenience them. Chirpich said the City is coordinating this with Dorn and they are “fully
onboard and ready to bring it down, excited to get it out of their way.” Szurek asked for
confirmation that they can pull their trailer and use their trailer once the gravel is installed.
Chirpich said the trailer is already there, behind the house that is being torn down, and this will give
them better and more parking for their job site superintendents for Do rn personnel only – they can
park right next to the trailer then.
Márquez-Simula asked for more clarification about 1002 40th Avenue NE because the building is not
right next door to the construction site. Chirpich said the building is three doors up from 960 but is
in close enough proximity to the redevelopment, and staff thought it was a goo d acquisition from a
strategic perspective. The rest of the houses between 960 and 1002 would be desirous for the EDA
to acquire to combine parcels and have a bigger project. The house just came to the open market
for sale; it was in reasonable condition but hadn’t been updated since it was originally built.
Herringer asked what company paid for that. Chirpich said he didn’t have those records with him
at the evening’s meeting but, from memory, estimated $175.00.
Márquez-Simula asked when it occurred. Chirpich said all three acquisitions spanned 2020-2021.
Szurek said the building at 240 40th Avenue NE is gone because the Fire Department had a burn
practice and asked what was going to be removed. Chirpich said just the foundation and some
minimal debris, as the Fire Department did a good job of cleaning it down to the bones.
Interestingly, he said it was learned that there is a higher level of environmental testing that is now
required, related to the riots that took place in downtown Minneapoli s, because of all the burning
that went on and the demolition landfills contained more heavy-level content – with some debris
having to be trucked out of State. So, there was another level of testing on that property, which is
why the City is about a month behind where it was hoped to be in the timeline. That fact emerged
through the bidding process.
Buesgens added that, checking online, the house at 1002 40 th Avenue NE sold on July 31, 2021, for
$175,000.
Motion by Buesgens, seconded by Murzyn Jr., to waive the reading of Resolution No. 2021-19, there
being ample copies available to the public. All ayes of present. MOTION PASSED.
Motion by Buesgens, seconded by Murzyn Jr., to adopt Resolution No. 2021 -19, a resolution of the
Economic Development Authority of Columbia Heights, Minnesota, approving contract with Drobnick’s
Demolition for demolition of site improvements, site grading and utility work for the properties located
at 960, 1002 and 230 40th Avenue NE. All ayes of present. MOTION PASSED.
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City of Columbia Heights MINUTES November 1, 2021
EDA Meeting Page 6
RESOLUTION NO. 2021-19
A RESOLUTION OF THE ECONOMIC DEVELOPMENT AUTHORITY OF COLUMBIA HEIGHTS, MINNESOTA,
APPROVING CONTRACT WITH DROBNICK’S DEMOLITION FOR DEMOLITION OF SITE IMPROVEMENTS,
SITE GRADING, AND UTILITY WORK FOR THE PROPERTIES LOCATED AT 960 , 1002, AND 230 40TH
AVENUE NE
BE IT RESOLVED, by the Economic Development Authority in and for the City of Columbia Heights as
follows:
WHEREAS, the Economic Development Authority in and for the City of Columbia Heights (“EDA”)
acquired certain real property located at 960 40th Avenue NE, 1002 40th Avenue NE, and 230 40th
Avenue NE, Columbia Heights (the “Properties”) with the intentions of redeveloping the Properties;
and
WHEREAS, the EDA intends to redevelop the Properties and return the Properties to the tax rolls for
the benefit of all taxing jurisdictions; and
WHEREAS, City staff is exercising due diligence to correct the blighted condition of the Properties by
performing environmental cleanup of the Properties to be followed by the demolition of all buildings
on the Properties, utility work, and site grading of the Properties; and
WHEREAS, Drobnick’s Demolition submitted a proposal for demolition of site improvements, utility
work, and site grading (“Work”) that meets all of the Project Specifications and is the low bid; and
WHEREAS, it is in the best interests of the EDA to enter into a contract with Drobnick’s Demolition for
the purpose of performing the Work; and
WHEREAS, City staff is hereby seeking approval from the EDA of the selection of Drobnick’s Demolition
as the duly qualified contractor to perform the Work.
NOW, THEREFORE, BE IT RESOLVED, by the Economic Development Authority in and for the City of
Columbia Heights as follows:
1. That the above recitals are incorporated herein by reference.
2. That selection of Drobnick’s Demolition as the Contractor to perform the demolition of all
building and site improvements located at the Properties, utility work and site grading of the
Properties pursuant to the Project Specifications is approved, it being in the best interest of the
EDA and City to prepare the Properties for redevelopment.
3. That the payment of $41,295 to Drobnick’s Demolition to perform the Work is hereby
approved.
4. The President, Executive Director and Columbia Heights City staff are authorized and directed
to sign all appropriate documents, and to take whatever additional actions are necessary or
desirable, to complete the demolition, utility work and the regrading of the Properties in
accordance with the contract to be prepared by the City staff.
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City of Columbia Heights MINUTES November 1, 2021
EDA Meeting Page 7
ORDER OF ECONOMIC DEVELOPMENT AUTHORITY
Passed this 1st day of November, 2021
Offered by: Buesgens
Seconded by: Murzyn, Jr.
Roll Call: All ayes of present
President
Attest:
Assistant Secretary
Szurek asked if the section that is being built above the new City Hall will be as tall as the rest of the
building, as “it currently looks weird.” Chirpich confirmed that it will be of equal height. The middle
adjoining concrete strip on the two large foundation sections had to wait for a specified cure period.
He said it will come into focus within the next month or so.
Buesgens said she noticed windows being installed on the top floors. Chirpich said the company is
utilizing a lift to reach the six stories, which is the farthest reach that it can go. Jacobs said she recalled
that it appeared work was being done from the top down.
Herringer asked about the completion date. Chirpich estimated early fall of 2022, sometime in the
September area for apartments. Bourgeois added that the City wants to coordinate the move into the
new City Hall along with the apartments, to avoid construction work being done on City Hall while
residents would be living in the apartments. Szurek agreed that it would have to be mutual.
Szurek asked if a café had been secured yet for the project. Chirpich said Alatus has not but is looking
for the right fit and “not stressing over it.”
Buesgens asked what the status is for the old HyVee site. Chir pich said Alatus is working hard to secure
a grocery partner and has one that is very interested. They have gone through two design iterations
with them to try to refine the site plan to meet their needs, and they see that as the next critical
component before completing a site plan. He said this part of the site plan is a primary component. If
this partner falls through, Alatus will go back into the market with a new brokerage firm.
Buesgens asked if they could do a little demolition beforehand, and Chirpich said there is no need to do
it before spring. Bids are being sought for the demolition work now, which includes a firewall between
the removed building and Ace Hardware to allow Ace and the dollar store to continue operations.
Jacobs asked whether the Alatus is considering making the grocer part of the plan smaller. Chirpich
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Item 1.
City of Columbia Heights MINUTES November 1, 2021
EDA Meeting Page 8
said it will be smaller than HyVee, and noted that Alauts is trying to secure between 45,000 and 65,000
SF for the anchor grocer tenant. For comparison, HyVee was planned at around 90,000 SF. Jacobs said
she believed the Rainbow site was around 80,000 to 85,000 SF and she was glad they are looking at a
higher number than 30,000 to 40,000 SF.
Novitsky said the HyVee plan would have included their shoe and home good stores and wouldn’t have
been just the grocery component. Chirpich said that is a really good point. City staff believes the
45,000 to 65,000 SF anchor would be ideal.
Buesgens asked if signage could be installed that identifies Alatus as owner. Chirpich said he would be
happy to talk with them about that, removing the current little sign, to show that action is being done.
Chirpich said the last correspondence he had with HyVee was that it is still their intention to develop
their gas station site, though no timeline has been established. Directly across that site is another
equally-sized parcel for commercial development.
Chirpich gave an update on Caribou, who is interested in the City’s 4441 Central lot , just north of the
Alatus development site. Corporate is now saying that there won’t be enough parking. They have a
minimum requirement of 10,000 SF and it will fit 7,000 SF. Buesgens asked if Caribou couldn’t buy out
the nearby garage site. Chirpich said that will be explored and he has to confirm with them about it
being just a drive-through with no lobby. He said employees certainly will need parking and Caribou
wants a patio included in the plan. Chirpich added that pre -pandemic coffee-shop developers were
saying that 90+% of traffic was drive-through and likely now it’s still drive-through heavy. Szurek said
two new Caribous are in Fridley and they’ve done it really well, with easy access. Chirpich said that is
the proposed concept, as the building is 600 SF and similar to a Dairy Queen. Szurek said it would be
nice to get rid of the garage there, and Chirpich said, surprisingly, the building is 20 feet wide.
Jacobs asked if there is anything new regarding the affordable housing development on 42nd Avenue.
Chirpich said no, just gearing up for a second round approach to the State for funding in January and
SACA continues to move their site planning along. SACA had hoped to make application on November
1, but he said they will miss that deadline and will likely move into the December planning round, so it
would likely be for New Year’s approval and the City Council would get it in January. Szurek asked if
they were looking at the site behind Public Safety, and Chirpich confirmed so.
Buesgens asked whether SACA had secured any new grant funding, and Chirpich said they had not and
nothing has been awarded. He said both entities are in various holding patterns with various funding
sources and waiting for the first of the year.
Chirpich then took the opportunity to introduce new City staff member Juanita Martinez, who will be
helping Community Development with Alicia Howe’s maternity leave. He said her home base is
Finance but Community Development has created a position to be e volved into the new City Hall,
which will have a long front desk where someone could talk to Public Works, Utility Billing and
Community Development and Planning. The first point of contact will be Martinez’s new position,
where she will have to know about those departments and direct traffic. The EDA welcomed her.
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City of Columbia Heights MINUTES November 1, 2021
EDA Meeting Page 9
ADJOURNMENT
Motion by Jacobs, seconded by Murzyn Jr., to adjourn the meeting at 6:32 pm. All ayes. MOTION
PASSED.
Respectfully submitted,
_______________________________
Alicia Howe, Recording Secretary
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Item 1.
City of Columbia Heights |Finance Department
590 40th Avenue NE, Columbia Heights, MN 55421 ▪ Ph: 763-706-3600 ▪ www.columbiaheightsmn.gov
DATE:December 1, 2021
TO:EDA COMMISSIONERS
FROM:JOSEPH KLOIBER, FINANCE DIRECTOR
RE:FORMAT CHANGE TO EDA FINANCIAL REPORTS
Beginning with EDA Financial Reports for the month October 2021, you will notice certain format changes, as
these reports are now generated by the City’s new financial software:
·The primary change to the list of cash disbursements is that many of the invoice line descriptions are
now quite generic. This is because the new software allows attachment of a copy of the actual vendor
invoice to each disbursement recorded in the system. Consequently, staff does not re-enter the detail
descriptions from the vendor invoice any longer. They just attach the invoice and provide a generic or
default description. If there is any disbursement for which you would like additional information, you
can request this from staff (through the City Manager/EDA Executive Director.)
·The primary change to the revenue and expenditure budget reports is merely a change in the sort
order. Previous reports included revenues for all funds, followed by expenditures for all funds. The
new reports show both revenue and expenditure on a single report, in fund by fund order.
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Item 2.
AmountInvoiceInvoice DateVendorInvoice Line DescGL Number
INVOICE GL DISTRIBUTION REPORT FOR CITY OF COLUMBIA HEIGHTS 1/2Page:12/01/2021 03:57 PM
User: suems
DB: Columbia Heights
EXP CHECK RUN DATES 10/01/2021 - 10/31/2021
BOTH JOURNALIZED AND UNJOURNALIZED
PAID
Check 187781
13.00 13071885710/07/21COMCAST091521 934571297204.6314.43250
13.00 Total For Check 187781
Check 187814
61.74 99269566710/07/21POPP.COM INC092621-10013121204.6314.43210
61.74 Total For Check 187814
Check 187938
235.50 #M2675010/14/21TIMESAVER OFF SITE SECRETR INCEDA MINUTES 090721204.6314.43050
235.50 Total For Check 187938
Check 187951
162.82 472510/06/21ANGSTROM ANALYTICAL INCEXPERT & PROFESSIONAL SERV.408.6414.43050
162.82 Total For Check 187951
Check 187979
932.50 5700809/28/21DORGLASS INCREPAIR & MAINT. SERVICES228.6317.44000
932.50 Total For Check 187979
Check 187980
233.95 0127806-IN09/29/21EARL F ANDERSEN INCPARKING RAMP SIGNS228.6317.42171
233.95 Total For Check 187980
Check 187992
663.20 16317109/15/21KENNEDY & GRAVENEXPERT & PROFESSIONAL SERV.204.6314.43050
663.20 Total For Check 187992
Check 188015
31.67 661887909/30/21QUICKSILVER EXPRESS COURIEREXPERT & PROFESSIONAL SERV.408.6414.43050
31.67 Total For Check 188015
Check 188055
9.50 6401438486-710/07/21CENTER POINT ENERGYGAS408.6414.43830
9.50 Total For Check 188055
Check 188065
3,000.00 8863110/11/21EHLERS & ASSOCIATES INCEXPERT & PROFESSIONAL SERV.371.7000.43050
3,000.00 Total For Check 188065
Check 188070
410.00 5803409/15/21HIGH PROFILE GROUNDS MAINT INCREPAIR & MAINT. SERVICES228.6317.44000
410.00 Total For Check 188070
Check 188123
857.99 092721268410/06/21XCEL ENERGY (N S P)ELECTRIC228.6317.43810
12.01 092721069410/06/21XCEL ENERGY (N S P)ELECTRIC408.6414.43810
870.00 Total For Check 188123
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Item 2.
AmountInvoiceInvoice DateVendorInvoice Line DescGL Number
INVOICE GL DISTRIBUTION REPORT FOR CITY OF COLUMBIA HEIGHTS 2/2Page:12/01/2021 03:57 PM
User: suems
DB: Columbia Heights
EXP CHECK RUN DATES 10/01/2021 - 10/31/2021
BOTH JOURNALIZED AND UNJOURNALIZED
PAID
973.44 Fund 204 EDA ADMINISTRATION
2,434.44 Fund 228 DOWNTOWN PARKING
3,000.00 Fund 371 TIF T4: KMART/CENTRAL AVE
216.00 Fund 408 EDA REDEVELOPMENT PROJECT FD
Fund Totals:
9.50 GAS408.6414.43830
12.01 ELECTRIC408.6414.43810
194.49 EXPERT & PROFESSIONAL SERV.408.6414.43050
3,000.00 EXPERT & PROFESSIONAL SERV.371.7000.43050
1,342.50 REPAIR & MAINT. SERVICES228.6317.44000
857.99 ELECTRIC228.6317.43810
233.95 PARKING RAMP SIGNS228.6317.42171
13.00 091521 934571297204.6314.43250
61.74 092621-10013121204.6314.43210
898.70 EXPERT & PROFESSIONAL SERV.204.6314.43050
--- TOTALS BY GL DISTRIBUTION ---
6,623.88 Total For All Funds:
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Item 2.
REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 1/16Page:12/01/2021 04:00 PM
User: suems
DB: Columbia Heights PERIOD ENDING 10/31/2021
% BDGT
USED
UNENCUMBERED
BALANCE
YTD BALANCE
10/31/2021
ACTIVITY FOR
MONTH
10/31/21
ENCUMBERED
YEAR-TO-DATE
2021
AMENDED BUDGETDESCRIPTIONGL NUMBER
Fund 202 - ANOKA CO COMM DEV PROGRAMS
Expenditures
Dept 6355 - ANOKA CO HRA LEVY PROJECTS
OTHER SERVICES & CHARGES
100.00 (7,006.00)7,006.00 0.00 0.00 0.00 EXPERT & PROFESSIONAL SERV.202.6355.43050
100.00 (7,006.00)7,006.00 0.00 0.00 0.00 OTHER SERVICES & CHARGES
100.00 (7,006.00)7,006.00 0.00 0.00 0.00 Total Dept 6355 - ANOKA CO HRA LEVY PROJECTS
100.00 (7,006.00)7,006.00 0.00 0.00 0.00 TOTAL EXPENDITURES
100.00 7,006.00 (7,006.00)0.00 0.00 0.00 NET OF REVENUES & EXPENDITURES
100.00 (7,006.00)7,006.00 0.00 0.00 0.00 TOTAL EXPENDITURES
0.00 0.00 0.00 0.00 0.00 0.00 TOTAL REVENUES
Fund 202 - ANOKA CO COMM DEV PROGRAMS:
15
Item 2.
REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 2/16Page:12/01/2021 04:00 PM
User: suems
DB: Columbia Heights PERIOD ENDING 10/31/2021
% BDGT
USED
UNENCUMBERED
BALANCE
YTD BALANCE
10/31/2021
ACTIVITY FOR
MONTH
10/31/21
ENCUMBERED
YEAR-TO-DATE
2021
AMENDED BUDGETDESCRIPTIONGL NUMBER
Fund 204 - EDA ADMINISTRATION
Revenues
Dept 0000 - NON-DEPARTMENTAL
TAXES
56.29 78,246.62 100,753.38 0.00 0.00 179,000.00 EDA CURRENT AD VALOREM204.0000.31011
40.72 45,348.32 31,151.68 0.00 0.00 76,500.00 AREA WIDE TAX204.0000.31014
100.00 (2,121.25)2,121.25 0.00 0.00 0.00 DELNQ. AD VALOREM204.0000.31020
52.46 121,473.69 134,026.31 0.00 0.00 255,500.00 TAXES
CHARGES FOR SERVICES
100.00 (30.00)30.00 0.00 0.00 0.00 ADMINISTRATIVE FEES204.0000.34112
100.00 (2,000.00)2,000.00 0.00 0.00 0.00 DEVELOPER FEES204.0000.34113
100.00 (2,030.00)2,030.00 0.00 0.00 0.00 CHARGES FOR SERVICES
53.25 119,443.69 136,056.31 0.00 0.00 255,500.00 Total Dept 0000 - NON-DEPARTMENTAL
53.25 119,443.69 136,056.31 0.00 0.00 255,500.00 TOTAL REVENUES
Expenditures
Dept 6314 - ECONOMIC DEVELOPMENT AUTH
OTHER SERVICES & CHARGES
611.16 (30,669.86)36,669.86 918.79 0.00 6,000.00 EXPERT & PROFESSIONAL SERV.204.6314.43050
11.42 885.85 114.15 0.00 0.00 1,000.00 TRAINING & EDUCATION ACTIVITIES204.6314.43105
95.44 31.93 668.07 128.62 0.00 700.00 TELEPHONE204.6314.43210
94.04 35.76 564.24 0.00 0.00 600.00 POSTAGE204.6314.43220
66.22 84.44 165.56 13.00 0.00 250.00 OTHER TELECOMMUNICATIONS204.6314.43250
0.00 200.00 0.00 0.00 0.00 200.00 LOCAL TRAVEL EXPENSE204.6314.43310
0.00 500.00 0.00 0.00 0.00 500.00 LEGAL NOTICE PUBLISHING204.6314.43500
83.33 533.30 2,666.70 266.67 0.00 3,200.00 PROP & LIAB INSURANCE204.6314.43600
100.00 (411.80)411.80 20.84 0.00 0.00 REPAIR & MAINT. SERVICES204.6314.44000
0.00 7,500.00 0.00 0.00 0.00 7,500.00 INFORMATION SYS:INTERNAL SVC204.6314.44040
0.00 750.00 0.00 0.00 0.00 750.00 SUBSCRIPTION, MEMBERSHIP204.6314.44330
31.82 750.00 350.00 0.00 0.00 1,100.00 COMMISSION & BOARDS204.6314.44380
190.87 (19,810.38)41,610.38 1,347.92 0.00 21,800.00 OTHER SERVICES & CHARGES
PERSONNEL SERVICES
0.00 0.00 0.00 (3,585.38)0.00 0.00 ACCRUED SALARIES204.6314.41000
61.03 62,473.70 97,826.30 11,895.74 0.00 160,300.00 REGULAR EMPLOYEES204.6314.41010
62.26 4,528.68 7,471.32 892.20 0.00 12,000.00 P.E.R.A. CONTRIBUTION204.6314.41210
69.17 3,792.28 8,507.72 926.80 0.00 12,300.00 F.I.C.A. CONTRIBUTION204.6314.41220
78.49 5,097.58 18,602.42 859.46 0.00 23,700.00 INSURANCE204.6314.41300
42.51 747.42 552.58 40.56 0.00 1,300.00 WORKERS COMP INSURANCE PREM204.6314.41510
63.44 76,639.66 132,960.34 11,029.38 0.00 209,600.00 PERSONNEL SERVICES
SUPPLIES
0.00 1,000.00 0.00 0.00 0.00 1,000.00 OFFICE SUPPLIES204.6314.42000
0.00 500.00 0.00 0.00 0.00 500.00 MINOR EQUIPMENT204.6314.42010
10.53 1,342.06 157.94 0.00 0.00 1,500.00 END USER DEVICES204.6314.42011
0.00 100.00 0.00 0.00 0.00 100.00 GENERAL SUPPLIES204.6314.42171
0.00 100.00 0.00 0.00 0.00 100.00 FOOD SUPPLIES204.6314.42175
4.94 3,042.06 157.94 0.00 0.00 3,200.00 SUPPLIES 16
Item 2.
REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 3/16Page:12/01/2021 04:00 PM
User: suems
DB: Columbia Heights PERIOD ENDING 10/31/2021
% BDGT
USED
UNENCUMBERED
BALANCE
YTD BALANCE
10/31/2021
ACTIVITY FOR
MONTH
10/31/21
ENCUMBERED
YEAR-TO-DATE
2021
AMENDED BUDGETDESCRIPTIONGL NUMBER
Fund 204 - EDA ADMINISTRATION
Expenditures
CONTINGENCIES & TRANSFERS
83.33 3,337.50 16,687.50 1,668.75 0.00 20,025.00 OPER. TRANSFER OUT - LABOR204.6314.47100
83.33 3,337.50 16,687.50 1,668.75 0.00 20,025.00 CONTINGENCIES & TRANSFERS
75.18 63,208.84 191,416.16 14,046.05 0.00 254,625.00 Total Dept 6314 - ECONOMIC DEVELOPMENT AUTH
75.18 63,208.84 191,416.16 14,046.05 0.00 254,625.00 TOTAL EXPENDITURES
6,326.84 56,234.85 (55,359.85)(14,046.05)0.00 875.00 NET OF REVENUES & EXPENDITURES
75.18 63,208.84 191,416.16 14,046.05 0.00 254,625.00 TOTAL EXPENDITURES
53.25 119,443.69 136,056.31 0.00 0.00 255,500.00 TOTAL REVENUES
Fund 204 - EDA ADMINISTRATION:
17
Item 2.
REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 4/16Page:12/01/2021 04:00 PM
User: suems
DB: Columbia Heights PERIOD ENDING 10/31/2021
% BDGT
USED
UNENCUMBERED
BALANCE
YTD BALANCE
10/31/2021
ACTIVITY FOR
MONTH
10/31/21
ENCUMBERED
YEAR-TO-DATE
2021
AMENDED BUDGETDESCRIPTIONGL NUMBER
Fund 228 - DOWNTOWN PARKING
Revenues
Dept 0000 - NON-DEPARTMENTAL
MISCELLANEOUS
83.33 5,200.00 26,000.00 2,600.00 0.00 31,200.00 NONDWELLING RENTS228.0000.36225
83.33 5,200.00 26,000.00 2,600.00 0.00 31,200.00 MISCELLANEOUS
TRANSFERS & NON-REV RECEIPTS
83.33 4,166.70 20,833.30 2,083.33 0.00 25,000.00 TRANSFER IN-SPECIAL PROJ REV228.0000.39247
83.33 4,166.70 20,833.30 2,083.33 0.00 25,000.00 TRANSFERS & NON-REV RECEIPTS
83.33 9,366.70 46,833.30 4,683.33 0.00 56,200.00 Total Dept 0000 - NON-DEPARTMENTAL
83.33 9,366.70 46,833.30 4,683.33 0.00 56,200.00 TOTAL REVENUES
Expenditures
Dept 6317 - DOWNTOWN PARKING
OTHER SERVICES & CHARGES
100.00 (3,718.20)3,718.20 0.00 0.00 0.00 EXPERT & PROFESSIONAL SERV.228.6317.43050
83.33 1,216.70 6,083.30 608.33 0.00 7,300.00 PROP & LIAB INSURANCE228.6317.43600
100.00 (187.67)187.67 187.67 0.00 0.00 UTILITY SERVICES228.6317.43800
80.13 2,384.05 9,615.95 857.99 0.00 12,000.00 ELECTRIC228.6317.43810
15.35 634.91 115.09 0.00 0.00 750.00 WATER228.6317.43820
100.00 (1,073.91)1,073.91 0.00 0.00 0.00 SEWER228.6317.43850
35.80 23,208.91 12,941.09 1,342.50 0.00 36,150.00 REPAIR & MAINT. SERVICES228.6317.44000
100.00 (1,932.00)1,932.00 0.00 0.00 0.00 BLDG MAINT CONTRACTUAL SERVICES228.6317.44020
63.46 20,532.79 35,667.21 2,996.49 0.00 56,200.00 OTHER SERVICES & CHARGES
SUPPLIES
100.00 (233.95)233.95 233.95 0.00 0.00 GENERAL SUPPLIES228.6317.42171
100.00 (233.95)233.95 233.95 0.00 0.00 SUPPLIES
63.88 20,298.84 35,901.16 3,230.44 0.00 56,200.00 Total Dept 6317 - DOWNTOWN PARKING
63.88 20,298.84 35,901.16 3,230.44 0.00 56,200.00 TOTAL EXPENDITURES
100.00 (10,932.14)10,932.14 1,452.89 0.00 0.00 NET OF REVENUES & EXPENDITURES
63.88 20,298.84 35,901.16 3,230.44 0.00 56,200.00 TOTAL EXPENDITURES
83.33 9,366.70 46,833.30 4,683.33 0.00 56,200.00 TOTAL REVENUES
Fund 228 - DOWNTOWN PARKING:
18
Item 2.
REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 5/16Page:12/01/2021 04:00 PM
User: suems
DB: Columbia Heights PERIOD ENDING 10/31/2021
% BDGT
USED
UNENCUMBERED
BALANCE
YTD BALANCE
10/31/2021
ACTIVITY FOR
MONTH
10/31/21
ENCUMBERED
YEAR-TO-DATE
2021
AMENDED BUDGETDESCRIPTIONGL NUMBER
Fund 371 - TIF T4: KMART/CENTRAL AVE
Expenditures
Dept 7000 - BONDS
OTHER SERVICES & CHARGES
100.00 (3,000.00)3,000.00 3,000.00 0.00 0.00 EXPERT & PROFESSIONAL SERV.371.7000.43050
100.00 (3,000.00)3,000.00 3,000.00 0.00 0.00 OTHER SERVICES & CHARGES
100.00 (3,000.00)3,000.00 3,000.00 0.00 0.00 Total Dept 7000 - BONDS
100.00 (3,000.00)3,000.00 3,000.00 0.00 0.00 TOTAL EXPENDITURES
100.00 3,000.00 (3,000.00)(3,000.00)0.00 0.00 NET OF REVENUES & EXPENDITURES
100.00 (3,000.00)3,000.00 3,000.00 0.00 0.00 TOTAL EXPENDITURES
0.00 0.00 0.00 0.00 0.00 0.00 TOTAL REVENUES
Fund 371 - TIF T4: KMART/CENTRAL AVE:
19
Item 2.
REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 6/16Page:12/01/2021 04:00 PM
User: suems
DB: Columbia Heights PERIOD ENDING 10/31/2021
% BDGT
USED
UNENCUMBERED
BALANCE
YTD BALANCE
10/31/2021
ACTIVITY FOR
MONTH
10/31/21
ENCUMBERED
YEAR-TO-DATE
2021
AMENDED BUDGETDESCRIPTIONGL NUMBER
Fund 372 - HUSET PARK AREA TIF (T6)
Revenues
Dept 0000 - NON-DEPARTMENTAL
TAXES
194.51 (181,751.46)374,051.46 0.00 0.00 192,300.00 CURRENT AD VALOREM372.0000.31010
100.00 (1,387.61)1,387.61 0.00 0.00 0.00 DELNQ. AD VALOREM372.0000.31020
195.24 (183,139.07)375,439.07 0.00 0.00 192,300.00 TAXES
MISCELLANEOUS
0.00 1,000.00 0.00 0.00 0.00 1,000.00 INTEREST ON INVESTMENTS372.0000.36210
0.00 1,000.00 0.00 0.00 0.00 1,000.00 MISCELLANEOUS
194.23 (182,139.07)375,439.07 0.00 0.00 193,300.00 Total Dept 0000 - NON-DEPARTMENTAL
194.23 (182,139.07)375,439.07 0.00 0.00 193,300.00 TOTAL REVENUES
Expenditures
Dept 7000 - BONDS
OTHER SERVICES & CHARGES
100.00 (8,151.38)8,151.38 0.00 0.00 0.00 EXPERT & PROFESSIONAL SERV.372.7000.43050
100.00 (77.63)77.63 0.00 0.00 0.00 LEGAL NOTICE PUBLISHING372.7000.43500
100.00 (335,390.74)335,390.74 0.00 0.00 0.00 LOANS & GRANTS372.7000.44600
100.00 (343,619.75)343,619.75 0.00 0.00 0.00 OTHER SERVICES & CHARGES
OTHER FINANCING USES
100.00 0.00 130,000.00 0.00 0.00 130,000.00 PRINCIPAL372.7000.46010
99.91 52.50 59,747.50 0.00 0.00 59,800.00 INTEREST372.7000.46110
39.58 725.00 475.00 0.00 0.00 1,200.00 FISCAL AGENT CHARGES372.7000.46200
100.00 (500.00)500.00 0.00 0.00 0.00 MISCELLANEOUS FISCAL CHARGES372.7000.46210
99.85 277.50 190,722.50 0.00 0.00 191,000.00 OTHER FINANCING USES
279.76 (343,342.25)534,342.25 0.00 0.00 191,000.00 Total Dept 7000 - BONDS
279.76 (343,342.25)534,342.25 0.00 0.00 191,000.00 TOTAL EXPENDITURES
6,908.83 161,203.18 (158,903.18)0.00 0.00 2,300.00 NET OF REVENUES & EXPENDITURES
279.76 (343,342.25)534,342.25 0.00 0.00 191,000.00 TOTAL EXPENDITURES
194.23 (182,139.07)375,439.07 0.00 0.00 193,300.00 TOTAL REVENUES
Fund 372 - HUSET PARK AREA TIF (T6):
20
Item 2.
REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 7/16Page:12/01/2021 04:00 PM
User: suems
DB: Columbia Heights PERIOD ENDING 10/31/2021
% BDGT
USED
UNENCUMBERED
BALANCE
YTD BALANCE
10/31/2021
ACTIVITY FOR
MONTH
10/31/21
ENCUMBERED
YEAR-TO-DATE
2021
AMENDED BUDGETDESCRIPTIONGL NUMBER
Fund 374 - TIF Z2: CENTRAL VALU CENTER
Expenditures
Dept 6412 - 43RD & CENTRAL: HYVEE
OTHER SERVICES & CHARGES
100.00 (1,177.41)1,177.41 0.00 0.00 0.00 EXPERT & PROFESSIONAL SERV.374.6412.43050
100.00 (1,177.41)1,177.41 0.00 0.00 0.00 OTHER SERVICES & CHARGES
100.00 (1,177.41)1,177.41 0.00 0.00 0.00 Total Dept 6412 - 43RD & CENTRAL: HYVEE
Dept 7000 - BONDS
OTHER SERVICES & CHARGES
100.00 (25.88)25.88 0.00 0.00 0.00 LEGAL NOTICE PUBLISHING374.7000.43500
100.00 (25.88)25.88 0.00 0.00 0.00 OTHER SERVICES & CHARGES
100.00 (25.88)25.88 0.00 0.00 0.00 Total Dept 7000 - BONDS
100.00 (1,203.29)1,203.29 0.00 0.00 0.00 TOTAL EXPENDITURES
100.00 1,203.29 (1,203.29)0.00 0.00 0.00 NET OF REVENUES & EXPENDITURES
100.00 (1,203.29)1,203.29 0.00 0.00 0.00 TOTAL EXPENDITURES
0.00 0.00 0.00 0.00 0.00 0.00 TOTAL REVENUES
Fund 374 - TIF Z2: CENTRAL VALU CENTER:
21
Item 2.
REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 8/16Page:12/01/2021 04:00 PM
User: suems
DB: Columbia Heights PERIOD ENDING 10/31/2021
% BDGT
USED
UNENCUMBERED
BALANCE
YTD BALANCE
10/31/2021
ACTIVITY FOR
MONTH
10/31/21
ENCUMBERED
YEAR-TO-DATE
2021
AMENDED BUDGETDESCRIPTIONGL NUMBER
Fund 375 - TIF Z6: 47TH & GRAND
Revenues
Dept 0000 - NON-DEPARTMENTAL
TAXES
100.00 (128,477.73)128,477.73 0.00 0.00 0.00 CURRENT AD VALOREM375.0000.31010
100.00 (128,477.73)128,477.73 0.00 0.00 0.00 TAXES
100.00 (128,477.73)128,477.73 0.00 0.00 0.00 Total Dept 0000 - NON-DEPARTMENTAL
100.00 (128,477.73)128,477.73 0.00 0.00 0.00 TOTAL REVENUES
Expenditures
Dept 7000 - BONDS
OTHER SERVICES & CHARGES
100.00 (1,208.61)1,208.61 0.00 0.00 0.00 EXPERT & PROFESSIONAL SERV.375.7000.43050
100.00 (25.88)25.88 0.00 0.00 0.00 LEGAL NOTICE PUBLISHING375.7000.43500
100.00 (104,786.30)104,786.30 0.00 0.00 0.00 LOANS & GRANTS375.7000.44600
100.00 (106,020.79)106,020.79 0.00 0.00 0.00 OTHER SERVICES & CHARGES
100.00 (106,020.79)106,020.79 0.00 0.00 0.00 Total Dept 7000 - BONDS
100.00 (106,020.79)106,020.79 0.00 0.00 0.00 TOTAL EXPENDITURES
100.00 (22,456.94)22,456.94 0.00 0.00 0.00 NET OF REVENUES & EXPENDITURES
100.00 (106,020.79)106,020.79 0.00 0.00 0.00 TOTAL EXPENDITURES
100.00 (128,477.73)128,477.73 0.00 0.00 0.00 TOTAL REVENUES
Fund 375 - TIF Z6: 47TH & GRAND:
22
Item 2.
REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 9/16Page:12/01/2021 04:00 PM
User: suems
DB: Columbia Heights PERIOD ENDING 10/31/2021
% BDGT
USED
UNENCUMBERED
BALANCE
YTD BALANCE
10/31/2021
ACTIVITY FOR
MONTH
10/31/21
ENCUMBERED
YEAR-TO-DATE
2021
AMENDED BUDGETDESCRIPTIONGL NUMBER
Fund 376 - TIF DISTRICTS A3/C7/C8
Expenditures
Dept 7000 - BONDS
OTHER SERVICES & CHARGES
100.00 (1,124.62)1,124.62 0.00 0.00 0.00 EXPERT & PROFESSIONAL SERV.376.7000.43050
100.00 (25.88)25.88 0.00 0.00 0.00 LEGAL NOTICE PUBLISHING376.7000.43500
100.00 (1,150.50)1,150.50 0.00 0.00 0.00 OTHER SERVICES & CHARGES
100.00 (1,150.50)1,150.50 0.00 0.00 0.00 Total Dept 7000 - BONDS
100.00 (1,150.50)1,150.50 0.00 0.00 0.00 TOTAL EXPENDITURES
100.00 1,150.50 (1,150.50)0.00 0.00 0.00 NET OF REVENUES & EXPENDITURES
100.00 (1,150.50)1,150.50 0.00 0.00 0.00 TOTAL EXPENDITURES
0.00 0.00 0.00 0.00 0.00 0.00 TOTAL REVENUES
Fund 376 - TIF DISTRICTS A3/C7/C8:
23
Item 2.
REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 10/16Page:12/01/2021 04:00 PM
User: suems
DB: Columbia Heights PERIOD ENDING 10/31/2021
% BDGT
USED
UNENCUMBERED
BALANCE
YTD BALANCE
10/31/2021
ACTIVITY FOR
MONTH
10/31/21
ENCUMBERED
YEAR-TO-DATE
2021
AMENDED BUDGETDESCRIPTIONGL NUMBER
Fund 389 - TIF R8 CRESTV/TRANSITION BLK
Revenues
Dept 0000 - NON-DEPARTMENTAL
TAXES
100.00 (31,556.59)31,556.59 0.00 0.00 0.00 CURRENT AD VALOREM389.0000.31010
100.00 (31,556.59)31,556.59 0.00 0.00 0.00 TAXES
100.00 (31,556.59)31,556.59 0.00 0.00 0.00 Total Dept 0000 - NON-DEPARTMENTAL
100.00 (31,556.59)31,556.59 0.00 0.00 0.00 TOTAL REVENUES
Expenditures
Dept 7000 - BONDS
OTHER SERVICES & CHARGES
100.00 (1,432.56)1,432.56 0.00 0.00 0.00 EXPERT & PROFESSIONAL SERV.389.7000.43050
100.00 (25.88)25.88 0.00 0.00 0.00 LEGAL NOTICE PUBLISHING389.7000.43500
100.00 (26,451.00)26,451.00 0.00 0.00 0.00 LOANS & GRANTS389.7000.44600
100.00 (27,909.44)27,909.44 0.00 0.00 0.00 OTHER SERVICES & CHARGES
100.00 (27,909.44)27,909.44 0.00 0.00 0.00 Total Dept 7000 - BONDS
100.00 (27,909.44)27,909.44 0.00 0.00 0.00 TOTAL EXPENDITURES
100.00 (3,647.15)3,647.15 0.00 0.00 0.00 NET OF REVENUES & EXPENDITURES
100.00 (27,909.44)27,909.44 0.00 0.00 0.00 TOTAL EXPENDITURES
100.00 (31,556.59)31,556.59 0.00 0.00 0.00 TOTAL REVENUES
Fund 389 - TIF R8 CRESTV/TRANSITION BLK:
24
Item 2.
REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 11/16Page:12/01/2021 04:00 PM
User: suems
DB: Columbia Heights PERIOD ENDING 10/31/2021
% BDGT
USED
UNENCUMBERED
BALANCE
YTD BALANCE
10/31/2021
ACTIVITY FOR
MONTH
10/31/21
ENCUMBERED
YEAR-TO-DATE
2021
AMENDED BUDGETDESCRIPTIONGL NUMBER
Fund 391 - SCATTERED SITE TIF W3/W4
Revenues
Dept 0000 - NON-DEPARTMENTAL
TAXES
100.00 (21,883.98)21,883.98 0.00 0.00 0.00 CURRENT AD VALOREM391.0000.31010
100.00 (21,883.98)21,883.98 0.00 0.00 0.00 TAXES
100.00 (21,883.98)21,883.98 0.00 0.00 0.00 Total Dept 0000 - NON-DEPARTMENTAL
100.00 (21,883.98)21,883.98 0.00 0.00 0.00 TOTAL REVENUES
Expenditures
Dept 7000 - BONDS
OTHER SERVICES & CHARGES
100.00 (1,867.74)1,867.74 0.00 0.00 0.00 EXPERT & PROFESSIONAL SERV.391.7000.43050
100.00 (51.72)51.72 0.00 0.00 0.00 LEGAL NOTICE PUBLISHING391.7000.43500
100.00 (1,919.46)1,919.46 0.00 0.00 0.00 OTHER SERVICES & CHARGES
100.00 (1,919.46)1,919.46 0.00 0.00 0.00 Total Dept 7000 - BONDS
100.00 (1,919.46)1,919.46 0.00 0.00 0.00 TOTAL EXPENDITURES
100.00 (19,964.52)19,964.52 0.00 0.00 0.00 NET OF REVENUES & EXPENDITURES
100.00 (1,919.46)1,919.46 0.00 0.00 0.00 TOTAL EXPENDITURES
100.00 (21,883.98)21,883.98 0.00 0.00 0.00 TOTAL REVENUES
Fund 391 - SCATTERED SITE TIF W3/W4:
25
Item 2.
REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 12/16Page:12/01/2021 04:00 PM
User: suems
DB: Columbia Heights PERIOD ENDING 10/31/2021
% BDGT
USED
UNENCUMBERED
BALANCE
YTD BALANCE
10/31/2021
ACTIVITY FOR
MONTH
10/31/21
ENCUMBERED
YEAR-TO-DATE
2021
AMENDED BUDGETDESCRIPTIONGL NUMBER
Fund 392 - TIF BB2 ALATUS 40TH AV
Expenditures
Dept 7000 - BONDS
OTHER SERVICES & CHARGES
100.00 (1,370.91)1,370.91 0.00 0.00 0.00 EXPERT & PROFESSIONAL SERV.392.7000.43050
100.00 (25.88)25.88 0.00 0.00 0.00 LEGAL NOTICE PUBLISHING392.7000.43500
100.00 (1,396.79)1,396.79 0.00 0.00 0.00 OTHER SERVICES & CHARGES
100.00 (1,396.79)1,396.79 0.00 0.00 0.00 Total Dept 7000 - BONDS
100.00 (1,396.79)1,396.79 0.00 0.00 0.00 TOTAL EXPENDITURES
100.00 1,396.79 (1,396.79)0.00 0.00 0.00 NET OF REVENUES & EXPENDITURES
100.00 (1,396.79)1,396.79 0.00 0.00 0.00 TOTAL EXPENDITURES
0.00 0.00 0.00 0.00 0.00 0.00 TOTAL REVENUES
Fund 392 - TIF BB2 ALATUS 40TH AV:
26
Item 2.
REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 13/16Page:12/01/2021 04:00 PM
User: suems
DB: Columbia Heights PERIOD ENDING 10/31/2021
% BDGT
USED
UNENCUMBERED
BALANCE
YTD BALANCE
10/31/2021
ACTIVITY FOR
MONTH
10/31/21
ENCUMBERED
YEAR-TO-DATE
2021
AMENDED BUDGETDESCRIPTIONGL NUMBER
Fund 393 - TIF ALATUS 4300 CENTRAL
Revenues
Dept 0000 - NON-DEPARTMENTAL
TRANSFERS & NON-REV RECEIPTS
100.00 (5,935,000.00)5,935,000.00 0.00 0.00 0.00 BOND PROCEEDS393.0000.39310
100.00 (5,935,000.00)5,935,000.00 0.00 0.00 0.00 TRANSFERS & NON-REV RECEIPTS
100.00 (5,935,000.00)5,935,000.00 0.00 0.00 0.00 Total Dept 0000 - NON-DEPARTMENTAL
100.00 (5,935,000.00)5,935,000.00 0.00 0.00 0.00 TOTAL REVENUES
Expenditures
Dept 7000 - BONDS
OTHER FINANCING USES
100.00 (76,484.65)76,484.65 0.00 0.00 0.00 MISCELLANEOUS FISCAL CHARGES393.7000.46210
100.00 (76,484.65)76,484.65 0.00 0.00 0.00 OTHER FINANCING USES
100.00 (76,484.65)76,484.65 0.00 0.00 0.00 Total Dept 7000 - BONDS
100.00 (76,484.65)76,484.65 0.00 0.00 0.00 TOTAL EXPENDITURES
100.00 (5,858,515.35)5,858,515.35 0.00 0.00 0.00 NET OF REVENUES & EXPENDITURES
100.00 (76,484.65)76,484.65 0.00 0.00 0.00 TOTAL EXPENDITURES
100.00 (5,935,000.00)5,935,000.00 0.00 0.00 0.00 TOTAL REVENUES
Fund 393 - TIF ALATUS 4300 CENTRAL:
27
Item 2.
REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 14/16Page:12/01/2021 04:00 PM
User: suems
DB: Columbia Heights PERIOD ENDING 10/31/2021
% BDGT
USED
UNENCUMBERED
BALANCE
YTD BALANCE
10/31/2021
ACTIVITY FOR
MONTH
10/31/21
ENCUMBERED
YEAR-TO-DATE
2021
AMENDED BUDGETDESCRIPTIONGL NUMBER
Fund 408 - EDA REDEVELOPMENT PROJECT FD
Revenues
Dept 0000 - NON-DEPARTMENTAL
TAXES
54.99 78,773.20 96,226.80 0.00 0.00 175,000.00 HRA CURRENT AD VALOREM408.0000.31012
41.72 43,712.89 31,287.11 0.00 0.00 75,000.00 AREA WIDE TAX408.0000.31014
100.00 (1,913.24)1,913.24 0.00 0.00 0.00 DELNQ. AD VALOREM408.0000.31020
51.77 120,572.85 129,427.15 0.00 0.00 250,000.00 TAXES
MISCELLANEOUS
100.00 (1,243.29)1,243.29 0.00 0.00 0.00 OTHER MISC. REVENUE408.0000.36290
100.00 (1,243.29)1,243.29 0.00 0.00 0.00 MISCELLANEOUS
52.27 119,329.56 130,670.44 0.00 0.00 250,000.00 Total Dept 0000 - NON-DEPARTMENTAL
52.27 119,329.56 130,670.44 0.00 0.00 250,000.00 TOTAL REVENUES
Expenditures
Dept 6314 - ECONOMIC DEVELOPMENT AUTH
OTHER SERVICES & CHARGES
100.00 (2,880.00)2,880.00 0.00 0.00 0.00 EXPERT & PROFESSIONAL SERV.408.6314.43050
100.00 (5,000.00)5,000.00 0.00 0.00 0.00 LOANS & GRANTS408.6314.44600
100.00 (7,880.00)7,880.00 0.00 0.00 0.00 OTHER SERVICES & CHARGES
100.00 (7,880.00)7,880.00 0.00 0.00 0.00 Total Dept 6314 - ECONOMIC DEVELOPMENT AUTH
Dept 6414 - COMMERCIAL REVITALIZATION
OTHER SERVICES & CHARGES
100.00 (32,396.19)32,396.19 194.49 0.00 0.00 EXPERT & PROFESSIONAL SERV.408.6414.43050
100.00 (224.79)224.79 12.01 0.00 0.00 ELECTRIC408.6414.43810
100.00 (162.82)162.82 162.82 0.00 0.00 WATER408.6414.43820
100.00 (496.55)496.55 8.51 0.00 0.00 GAS408.6414.43830
100.00 (84,280.25)84,280.25 0.00 0.00 0.00 PRIOR PERIOD ADJUSTMENT408.6414.44360
0.00 50,000.00 0.00 0.00 0.00 50,000.00 LOANS & GRANTS408.6414.44600
235.12 (67,560.60)117,560.60 377.83 0.00 50,000.00 OTHER SERVICES & CHARGES
PERSONNEL SERVICES
100.00 (1,135.85)1,135.85 0.00 0.00 0.00 REGULAR EMPLOYEES408.6414.41010
100.00 (85.18)85.18 0.00 0.00 0.00 P.E.R.A. CONTRIBUTION408.6414.41210
100.00 (83.76)83.76 0.00 0.00 0.00 F.I.C.A. CONTRIBUTION408.6414.41220
100.00 (221.41)221.41 0.00 0.00 0.00 INSURANCE408.6414.41300
100.00 (33.28)33.28 0.00 0.00 0.00 WORKERS COMP INSURANCE PREM408.6414.41510
100.00 (1,559.48)1,559.48 0.00 0.00 0.00 PERSONNEL SERVICES
CAPITAL OUTLAY
114.45 (28,893.86)228,893.86 0.00 0.00 200,000.00 LAND408.6414.45110
114.45 (28,893.86)228,893.86 0.00 0.00 200,000.00 CAPITAL OUTLAY
28
Item 2.
REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 15/16Page:12/01/2021 04:00 PM
User: suems
DB: Columbia Heights PERIOD ENDING 10/31/2021
% BDGT
USED
UNENCUMBERED
BALANCE
YTD BALANCE
10/31/2021
ACTIVITY FOR
MONTH
10/31/21
ENCUMBERED
YEAR-TO-DATE
2021
AMENDED BUDGETDESCRIPTIONGL NUMBER
Fund 408 - EDA REDEVELOPMENT PROJECT FD
Expenditures
139.21 (98,013.94)348,013.94 377.83 0.00 250,000.00 Total Dept 6414 - COMMERCIAL REVITALIZATION
Dept 6416 - 3989 CENTRAL AVE
OTHER SERVICES & CHARGES
100.00 (10,498.10)10,498.10 0.00 0.00 0.00 EXPERT & PROFESSIONAL SERV.408.6416.43050
100.00 (10,498.10)10,498.10 0.00 0.00 0.00 OTHER SERVICES & CHARGES
100.00 (10,498.10)10,498.10 0.00 0.00 0.00 Total Dept 6416 - 3989 CENTRAL AVE
Dept 9999 - CONSTRUCTION
OTHER SERVICES & CHARGES
100.00 (272,250.00)267,674.25 0.00 4,575.75 0.00 EXPERT & PROFESSIONAL SERV.408.9999.43050.2014
100.00 (22.00)22.00 0.00 0.00 0.00 LOCAL TRAVEL EXPENSE408.9999.43310.2011
100.00 (311.35)311.35 0.00 0.00 0.00 LEGAL NOTICE PUBLISHING408.9999.43500.2014
100.00 (175.00)175.00 0.00 0.00 0.00 RENTS & LEASES408.9999.44100.2014
100.00 (272,758.35)268,182.60 0.00 4,575.75 0.00 OTHER SERVICES & CHARGES
SUPPLIES
100.00 (1,031.87)1,031.87 1,031.87 0.00 0.00 MAINT & CONSTRUCTION MATERIALS408.9999.42160.2014
100.00 (9.89)9.89 9.89 0.00 0.00 GENERAL SUPPLIES408.9999.42171.2014
100.00 (1,041.76)1,041.76 1,041.76 0.00 0.00 SUPPLIES
100.00 (273,800.11)269,224.36 1,041.76 4,575.75 0.00 Total Dept 9999 - CONSTRUCTION
256.08 (390,192.15)635,616.40 1,419.59 4,575.75 250,000.00 TOTAL EXPENDITURES
100.00 509,521.71 (504,945.96)(1,419.59)(4,575.75)0.00 NET OF REVENUES & EXPENDITURES
256.08 (390,192.15)635,616.40 1,419.59 4,575.75 250,000.00 TOTAL EXPENDITURES
52.27 119,329.56 130,670.44 0.00 0.00 250,000.00 TOTAL REVENUES
Fund 408 - EDA REDEVELOPMENT PROJECT FD:
29
Item 2.
REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 16/16Page:12/01/2021 04:00 PM
User: suems
DB: Columbia Heights PERIOD ENDING 10/31/2021
% BDGT
USED
UNENCUMBERED
BALANCE
YTD BALANCE
10/31/2021
ACTIVITY FOR
MONTH
10/31/21
ENCUMBERED
YEAR-TO-DATE
2021
AMENDED BUDGETDESCRIPTIONGL NUMBER
Fund 420 - CAP IMPROVEMENT-DEVELOPMENT
Revenues
Dept 0000 - NON-DEPARTMENTAL
MISCELLANEOUS
100.00 (323.71)323.71 0.00 0.00 0.00 LOAN INTEREST420.0000.36216
100.00 (323.71)323.71 0.00 0.00 0.00 MISCELLANEOUS
100.00 (323.71)323.71 0.00 0.00 0.00 Total Dept 0000 - NON-DEPARTMENTAL
100.00 (323.71)323.71 0.00 0.00 0.00 TOTAL REVENUES
100.00 (323.71)323.71 0.00 0.00 0.00 NET OF REVENUES & EXPENDITURES
0.00 0.00 0.00 0.00 0.00 0.00 TOTAL EXPENDITURES
100.00 (323.71)323.71 0.00 0.00 0.00 TOTAL REVENUES
Fund 420 - CAP IMPROVEMENT-DEVELOPMENT:
163,096.02 (5,175,123.49)5,182,874.24 (17,012.75)(4,575.75)3,175.00 NET OF REVENUES & EXPENDITURES
216.53 (876,117.64)1,623,366.89 21,696.08 4,575.75 751,825.00 TOTAL EXPENDITURES - ALL FUNDS
901.49 (6,051,241.13)6,806,241.13 4,683.33 0.00 755,000.00 TOTAL REVENUES - ALL FUNDS
30
Item 2.
AmountInvoiceInvoice DateVendorInvoice Line DescGL Number
INVOICE GL DISTRIBUTION REPORT FOR CITY OF COLUMBIA HEIGHTS 1/2Page:12/17/2021 03:16 PM
User: suems
DB: Columbia Heights
EXP CHECK RUN DATES 11/01/2021 - 11/30/2021
BOTH JOURNALIZED AND UNJOURNALIZED
PAID
Check 188173
9.89 5785610/15/21MENARDS CASHWAY LUMBER-FRIDLEYGENERAL SUPPLIES408.9999.42171.2014
9.89 Total For Check 188173
Check 188179
6.45 99269702309/30/21POPP.COM INCTELEPHONE COM DEV ADMINISTRATION204.6314.43210
6.45 Total For Check 188179
Check 188262
60.43 99270041110/26/21POPP.COM INC10013121 PHONE COMMDEV ADMIN204.6314.43210
6.35 99270176610/31/21POPP.COM INCTELEPHONE COM DEV ADMINISTRATION204.6314.43210
66.78 Total For Check 188262
Check 188292
46.98 14922110/18/21HASSAN SAND & GRAVELLIBRARY CELL TOWN408.9999.42160.2014
46.98 Total For Check 188292
Check 188320
2,108.55 41145409/14/21SHORT ELLIOT HENDRICKSON INCCELL TOWER DESIGN 083121408.9999.43050.2014
2,108.55 Total For Check 188320
Check 188360
38.68 6401438486-711/05/21CENTER POINT ENERGYGAS408.6414.43830
38.68 Total For Check 188360
Check 188363
12.98 13268619710/07/21COMCAST101521 934571297 COMDEV ADMIN204.6314.43250
12.98 Total For Check 188363
Check 188375
28.25 IN354529311/04/21INNOVATIVE OFFICE SOLUTNS INCCALENDARS204.6314.42000
28.25 Total For Check 188375
Check 188406
173.50 M2689011/12/21TIMESAVER OFF SITE SECRETR INCEXPERT & PROFESSIONAL SERV.204.6314.43050
173.50 Total For Check 188406
Check 188416
1,020.76 093258648911/04/21XCEL ENERGY (N S P)ELECTRIC228.6317.43810
15.08 0932511/04/21XCEL ENERGY (N S P)ELECTRIC408.6414.43810
1,035.84 Total For Check 188416
Check 3
1,031.87 M11280223610/05/21HEDBERG SUPPLY #1014MAINT & CONSTRUCTION MATERIALS408.9999.42160.2014
1,031.87 Total For Check 3
31
Item 2.
AmountInvoiceInvoice DateVendorInvoice Line DescGL Number
INVOICE GL DISTRIBUTION REPORT FOR CITY OF COLUMBIA HEIGHTS 2/2Page:12/17/2021 03:16 PM
User: suems
DB: Columbia Heights
EXP CHECK RUN DATES 11/01/2021 - 11/30/2021
BOTH JOURNALIZED AND UNJOURNALIZED
PAID
287.96 Fund 204 EDA ADMINISTRATION
1,020.76 Fund 228 DOWNTOWN PARKING
3,251.05 Fund 408 EDA REDEVELOPMENT PROJECT FD
Fund Totals:
2,108.55 CELL TOWER DESIGN 083121408.9999.43050.2014
9.89 GENERAL SUPPLIES408.9999.42171.2014
1,078.85 LIBRARY CELL TOWN408.9999.42160.2014
38.68 GAS408.6414.43830
15.08 ELECTRIC408.6414.43810
1,020.76 ELECTRIC228.6317.43810
12.98 101521 934571297 COMDEV ADMIN204.6314.43250
73.23 TELEPHONE COM DEV ADMINISTRATION204.6314.43210
173.50 EXPERT & PROFESSIONAL SERV.204.6314.43050
28.25 CALENDARS204.6314.42000
--- TOTALS BY GL DISTRIBUTION ---
4,559.77 Total For All Funds:
32
Item 2.
REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 1/16Page:12/17/2021 03:14 PM
User: suems
DB: Columbia Heights PERIOD ENDING 11/30/2021
% BDGT
USED
UNENCUMBERED
BALANCE
YTD BALANCE
11/30/2021
ACTIVITY FOR
MONTH
11/30/21
ENCUMBERED
YEAR-TO-DATE
2021
AMENDED BUDGETDESCRIPTIONGL NUMBER
Fund 202 - ANOKA CO COMM DEV PROGRAMS
Expenditures
Dept 6355 - ANOKA CO HRA LEVY PROJECTS
OTHER SERVICES & CHARGES
100.00 (7,006.00)7,006.00 0.00 0.00 0.00 EXPERT & PROFESSIONAL SERV.202.6355.43050
100.00 (7,006.00)7,006.00 0.00 0.00 0.00 OTHER SERVICES & CHARGES
100.00 (7,006.00)7,006.00 0.00 0.00 0.00 Total Dept 6355 - ANOKA CO HRA LEVY PROJECTS
100.00 (7,006.00)7,006.00 0.00 0.00 0.00 TOTAL EXPENDITURES
100.00 7,006.00 (7,006.00)0.00 0.00 0.00 NET OF REVENUES & EXPENDITURES
100.00 (7,006.00)7,006.00 0.00 0.00 0.00 TOTAL EXPENDITURES
0.00 0.00 0.00 0.00 0.00 0.00 TOTAL REVENUES
Fund 202 - ANOKA CO COMM DEV PROGRAMS:
33
Item 2.
REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 2/16Page:12/17/2021 03:14 PM
User: suems
DB: Columbia Heights PERIOD ENDING 11/30/2021
% BDGT
USED
UNENCUMBERED
BALANCE
YTD BALANCE
11/30/2021
ACTIVITY FOR
MONTH
11/30/21
ENCUMBERED
YEAR-TO-DATE
2021
AMENDED BUDGETDESCRIPTIONGL NUMBER
Fund 204 - EDA ADMINISTRATION
Revenues
Dept 0000 - NON-DEPARTMENTAL
TAXES
56.29 78,246.62 100,753.38 0.00 0.00 179,000.00 EDA CURRENT AD VALOREM204.0000.31011
40.72 45,348.32 31,151.68 0.00 0.00 76,500.00 AREA WIDE TAX204.0000.31014
100.00 (2,121.25)2,121.25 0.00 0.00 0.00 DELNQ. AD VALOREM204.0000.31020
52.46 121,473.69 134,026.31 0.00 0.00 255,500.00 TAXES
CHARGES FOR SERVICES
100.00 (30.00)30.00 0.00 0.00 0.00 ADMINISTRATIVE FEES204.0000.34112
100.00 (2,000.00)2,000.00 0.00 0.00 0.00 DEVELOPER FEES204.0000.34113
100.00 (2,030.00)2,030.00 0.00 0.00 0.00 CHARGES FOR SERVICES
53.25 119,443.69 136,056.31 0.00 0.00 255,500.00 Total Dept 0000 - NON-DEPARTMENTAL
53.25 119,443.69 136,056.31 0.00 0.00 255,500.00 TOTAL REVENUES
Expenditures
Dept 6314 - ECONOMIC DEVELOPMENT AUTH
OTHER SERVICES & CHARGES
619.39 (31,163.45)37,163.45 493.59 0.00 6,000.00 EXPERT & PROFESSIONAL SERV.204.6314.43050
11.42 885.85 114.15 0.00 0.00 1,000.00 TRAINING & EDUCATION ACTIVITIES204.6314.43105
96.35 25.58 674.42 6.35 0.00 700.00 TELEPHONE204.6314.43210
94.04 35.76 564.24 0.00 0.00 600.00 POSTAGE204.6314.43220
76.61 58.48 191.52 25.96 0.00 250.00 OTHER TELECOMMUNICATIONS204.6314.43250
0.00 200.00 0.00 0.00 0.00 200.00 LOCAL TRAVEL EXPENSE204.6314.43310
0.00 500.00 0.00 0.00 0.00 500.00 LEGAL NOTICE PUBLISHING204.6314.43500
91.67 266.63 2,933.37 266.67 0.00 3,200.00 PROP & LIAB INSURANCE204.6314.43600
100.00 (422.97)422.97 11.17 0.00 0.00 REPAIR & MAINT. SERVICES204.6314.44000
0.00 7,500.00 0.00 0.00 0.00 7,500.00 INFORMATION SYS:INTERNAL SVC204.6314.44040
0.00 750.00 0.00 0.00 0.00 750.00 SUBSCRIPTION, MEMBERSHIP204.6314.44330
31.82 750.00 350.00 0.00 0.00 1,100.00 COMMISSION & BOARDS204.6314.44380
194.56 (20,614.12)42,414.12 803.74 0.00 21,800.00 OTHER SERVICES & CHARGES
PERSONNEL SERVICES
65.96 54,559.11 105,740.89 7,914.59 0.00 160,300.00 REGULAR EMPLOYEES204.6314.41010
67.21 3,935.08 8,064.92 593.60 0.00 12,000.00 P.E.R.A. CONTRIBUTION204.6314.41210
74.32 3,158.47 9,141.53 633.81 0.00 12,300.00 F.I.C.A. CONTRIBUTION204.6314.41220
82.12 4,238.14 19,461.86 859.44 0.00 23,700.00 INSURANCE204.6314.41300
45.62 706.97 593.03 40.45 0.00 1,300.00 WORKERS COMP INSURANCE PREM204.6314.41510
68.23 66,597.77 143,002.23 10,041.89 0.00 209,600.00 PERSONNEL SERVICES
SUPPLIES
2.83 971.75 28.25 28.25 0.00 1,000.00 OFFICE SUPPLIES204.6314.42000
0.00 500.00 0.00 0.00 0.00 500.00 MINOR EQUIPMENT204.6314.42010
10.53 1,342.06 157.94 0.00 0.00 1,500.00 END USER DEVICES204.6314.42011
0.00 100.00 0.00 0.00 0.00 100.00 GENERAL SUPPLIES204.6314.42171
0.00 100.00 0.00 0.00 0.00 100.00 FOOD SUPPLIES204.6314.42175
5.82 3,013.81 186.19 28.25 0.00 3,200.00 SUPPLIES 34
Item 2.
REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 3/16Page:12/17/2021 03:14 PM
User: suems
DB: Columbia Heights PERIOD ENDING 11/30/2021
% BDGT
USED
UNENCUMBERED
BALANCE
YTD BALANCE
11/30/2021
ACTIVITY FOR
MONTH
11/30/21
ENCUMBERED
YEAR-TO-DATE
2021
AMENDED BUDGETDESCRIPTIONGL NUMBER
Fund 204 - EDA ADMINISTRATION
Expenditures
CONTINGENCIES & TRANSFERS
100.00 0.00 20,025.00 3,337.50 0.00 20,025.00 OPER. TRANSFER OUT - LABOR204.6314.47100
100.00 0.00 20,025.00 3,337.50 0.00 20,025.00 CONTINGENCIES & TRANSFERS
80.76 48,997.46 205,627.54 14,211.38 0.00 254,625.00 Total Dept 6314 - ECONOMIC DEVELOPMENT AUTH
80.76 48,997.46 205,627.54 14,211.38 0.00 254,625.00 TOTAL EXPENDITURES
7,951.00 70,446.23 (69,571.23)(14,211.38)0.00 875.00 NET OF REVENUES & EXPENDITURES
80.76 48,997.46 205,627.54 14,211.38 0.00 254,625.00 TOTAL EXPENDITURES
53.25 119,443.69 136,056.31 0.00 0.00 255,500.00 TOTAL REVENUES
Fund 204 - EDA ADMINISTRATION:
35
Item 2.
REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 4/16Page:12/17/2021 03:14 PM
User: suems
DB: Columbia Heights PERIOD ENDING 11/30/2021
% BDGT
USED
UNENCUMBERED
BALANCE
YTD BALANCE
11/30/2021
ACTIVITY FOR
MONTH
11/30/21
ENCUMBERED
YEAR-TO-DATE
2021
AMENDED BUDGETDESCRIPTIONGL NUMBER
Fund 228 - DOWNTOWN PARKING
Revenues
Dept 0000 - NON-DEPARTMENTAL
MISCELLANEOUS
91.67 2,600.00 28,600.00 2,600.00 0.00 31,200.00 NONDWELLING RENTS228.0000.36225
91.67 2,600.00 28,600.00 2,600.00 0.00 31,200.00 MISCELLANEOUS
TRANSFERS & NON-REV RECEIPTS
91.67 2,083.37 22,916.63 2,083.33 0.00 25,000.00 TRANSFER IN-SPECIAL PROJ REV228.0000.39247
91.67 2,083.37 22,916.63 2,083.33 0.00 25,000.00 TRANSFERS & NON-REV RECEIPTS
91.67 4,683.37 51,516.63 4,683.33 0.00 56,200.00 Total Dept 0000 - NON-DEPARTMENTAL
91.67 4,683.37 51,516.63 4,683.33 0.00 56,200.00 TOTAL REVENUES
Expenditures
Dept 6317 - DOWNTOWN PARKING
OTHER SERVICES & CHARGES
100.00 (3,718.20)3,718.20 0.00 0.00 0.00 EXPERT & PROFESSIONAL SERV.228.6317.43050
91.67 608.37 6,691.63 608.33 0.00 7,300.00 PROP & LIAB INSURANCE228.6317.43600
100.00 (187.67)187.67 0.00 0.00 0.00 UTILITY SERVICES228.6317.43800
88.64 1,363.29 10,636.71 1,020.76 0.00 12,000.00 ELECTRIC228.6317.43810
15.35 634.91 115.09 0.00 0.00 750.00 WATER228.6317.43820
100.00 (1,073.91)1,073.91 0.00 0.00 0.00 SEWER228.6317.43850
43.72 20,346.15 15,803.85 2,862.76 0.00 36,150.00 REPAIR & MAINT. SERVICES228.6317.44000
100.00 (1,932.00)1,932.00 0.00 0.00 0.00 BLDG MAINT CONTRACTUAL SERVICES228.6317.44020
71.46 16,040.94 40,159.06 4,491.85 0.00 56,200.00 OTHER SERVICES & CHARGES
SUPPLIES
100.00 (233.95)233.95 0.00 0.00 0.00 GENERAL SUPPLIES228.6317.42171
100.00 (233.95)233.95 0.00 0.00 0.00 SUPPLIES
71.87 15,806.99 40,393.01 4,491.85 0.00 56,200.00 Total Dept 6317 - DOWNTOWN PARKING
71.87 15,806.99 40,393.01 4,491.85 0.00 56,200.00 TOTAL EXPENDITURES
100.00 (11,123.62)11,123.62 191.48 0.00 0.00 NET OF REVENUES & EXPENDITURES
71.87 15,806.99 40,393.01 4,491.85 0.00 56,200.00 TOTAL EXPENDITURES
91.67 4,683.37 51,516.63 4,683.33 0.00 56,200.00 TOTAL REVENUES
Fund 228 - DOWNTOWN PARKING:
36
Item 2.
REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 5/16Page:12/17/2021 03:14 PM
User: suems
DB: Columbia Heights PERIOD ENDING 11/30/2021
% BDGT
USED
UNENCUMBERED
BALANCE
YTD BALANCE
11/30/2021
ACTIVITY FOR
MONTH
11/30/21
ENCUMBERED
YEAR-TO-DATE
2021
AMENDED BUDGETDESCRIPTIONGL NUMBER
Fund 371 - TIF T4: KMART/CENTRAL AVE
Expenditures
Dept 7000 - BONDS
OTHER SERVICES & CHARGES
100.00 (3,405.00)3,405.00 405.00 0.00 0.00 EXPERT & PROFESSIONAL SERV.371.7000.43050
100.00 (3,405.00)3,405.00 405.00 0.00 0.00 OTHER SERVICES & CHARGES
100.00 (3,405.00)3,405.00 405.00 0.00 0.00 Total Dept 7000 - BONDS
100.00 (3,405.00)3,405.00 405.00 0.00 0.00 TOTAL EXPENDITURES
100.00 3,405.00 (3,405.00)(405.00)0.00 0.00 NET OF REVENUES & EXPENDITURES
100.00 (3,405.00)3,405.00 405.00 0.00 0.00 TOTAL EXPENDITURES
0.00 0.00 0.00 0.00 0.00 0.00 TOTAL REVENUES
Fund 371 - TIF T4: KMART/CENTRAL AVE:
37
Item 2.
REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 6/16Page:12/17/2021 03:14 PM
User: suems
DB: Columbia Heights PERIOD ENDING 11/30/2021
% BDGT
USED
UNENCUMBERED
BALANCE
YTD BALANCE
11/30/2021
ACTIVITY FOR
MONTH
11/30/21
ENCUMBERED
YEAR-TO-DATE
2021
AMENDED BUDGETDESCRIPTIONGL NUMBER
Fund 372 - HUSET PARK AREA TIF (T6)
Revenues
Dept 0000 - NON-DEPARTMENTAL
TAXES
194.51 (181,751.46)374,051.46 0.00 0.00 192,300.00 CURRENT AD VALOREM372.0000.31010
100.00 (1,387.61)1,387.61 0.00 0.00 0.00 DELNQ. AD VALOREM372.0000.31020
195.24 (183,139.07)375,439.07 0.00 0.00 192,300.00 TAXES
MISCELLANEOUS
0.00 1,000.00 0.00 0.00 0.00 1,000.00 INTEREST ON INVESTMENTS372.0000.36210
0.00 1,000.00 0.00 0.00 0.00 1,000.00 MISCELLANEOUS
194.23 (182,139.07)375,439.07 0.00 0.00 193,300.00 Total Dept 0000 - NON-DEPARTMENTAL
194.23 (182,139.07)375,439.07 0.00 0.00 193,300.00 TOTAL REVENUES
Expenditures
Dept 7000 - BONDS
OTHER SERVICES & CHARGES
100.00 (8,151.38)8,151.38 0.00 0.00 0.00 EXPERT & PROFESSIONAL SERV.372.7000.43050
100.00 (77.63)77.63 0.00 0.00 0.00 LEGAL NOTICE PUBLISHING372.7000.43500
100.00 (335,390.74)335,390.74 0.00 0.00 0.00 LOANS & GRANTS372.7000.44600
100.00 (343,619.75)343,619.75 0.00 0.00 0.00 OTHER SERVICES & CHARGES
OTHER FINANCING USES
100.00 0.00 130,000.00 0.00 0.00 130,000.00 PRINCIPAL372.7000.46010
99.91 52.50 59,747.50 0.00 0.00 59,800.00 INTEREST372.7000.46110
39.58 725.00 475.00 0.00 0.00 1,200.00 FISCAL AGENT CHARGES372.7000.46200
100.00 (500.00)500.00 0.00 0.00 0.00 MISCELLANEOUS FISCAL CHARGES372.7000.46210
99.85 277.50 190,722.50 0.00 0.00 191,000.00 OTHER FINANCING USES
279.76 (343,342.25)534,342.25 0.00 0.00 191,000.00 Total Dept 7000 - BONDS
279.76 (343,342.25)534,342.25 0.00 0.00 191,000.00 TOTAL EXPENDITURES
6,908.83 161,203.18 (158,903.18)0.00 0.00 2,300.00 NET OF REVENUES & EXPENDITURES
279.76 (343,342.25)534,342.25 0.00 0.00 191,000.00 TOTAL EXPENDITURES
194.23 (182,139.07)375,439.07 0.00 0.00 193,300.00 TOTAL REVENUES
Fund 372 - HUSET PARK AREA TIF (T6):
38
Item 2.
REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 7/16Page:12/17/2021 03:14 PM
User: suems
DB: Columbia Heights PERIOD ENDING 11/30/2021
% BDGT
USED
UNENCUMBERED
BALANCE
YTD BALANCE
11/30/2021
ACTIVITY FOR
MONTH
11/30/21
ENCUMBERED
YEAR-TO-DATE
2021
AMENDED BUDGETDESCRIPTIONGL NUMBER
Fund 374 - TIF Z2: CENTRAL VALU CENTER
Expenditures
Dept 6412 - 43RD & CENTRAL: HYVEE
OTHER SERVICES & CHARGES
100.00 (1,177.41)1,177.41 0.00 0.00 0.00 EXPERT & PROFESSIONAL SERV.374.6412.43050
100.00 (1,177.41)1,177.41 0.00 0.00 0.00 OTHER SERVICES & CHARGES
100.00 (1,177.41)1,177.41 0.00 0.00 0.00 Total Dept 6412 - 43RD & CENTRAL: HYVEE
Dept 7000 - BONDS
OTHER SERVICES & CHARGES
100.00 (25.88)25.88 0.00 0.00 0.00 LEGAL NOTICE PUBLISHING374.7000.43500
100.00 (25.88)25.88 0.00 0.00 0.00 OTHER SERVICES & CHARGES
100.00 (25.88)25.88 0.00 0.00 0.00 Total Dept 7000 - BONDS
100.00 (1,203.29)1,203.29 0.00 0.00 0.00 TOTAL EXPENDITURES
100.00 1,203.29 (1,203.29)0.00 0.00 0.00 NET OF REVENUES & EXPENDITURES
100.00 (1,203.29)1,203.29 0.00 0.00 0.00 TOTAL EXPENDITURES
0.00 0.00 0.00 0.00 0.00 0.00 TOTAL REVENUES
Fund 374 - TIF Z2: CENTRAL VALU CENTER:
39
Item 2.
REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 8/16Page:12/17/2021 03:14 PM
User: suems
DB: Columbia Heights PERIOD ENDING 11/30/2021
% BDGT
USED
UNENCUMBERED
BALANCE
YTD BALANCE
11/30/2021
ACTIVITY FOR
MONTH
11/30/21
ENCUMBERED
YEAR-TO-DATE
2021
AMENDED BUDGETDESCRIPTIONGL NUMBER
Fund 375 - TIF Z6: 47TH & GRAND
Revenues
Dept 0000 - NON-DEPARTMENTAL
TAXES
100.00 (128,477.73)128,477.73 0.00 0.00 0.00 CURRENT AD VALOREM375.0000.31010
100.00 (128,477.73)128,477.73 0.00 0.00 0.00 TAXES
100.00 (128,477.73)128,477.73 0.00 0.00 0.00 Total Dept 0000 - NON-DEPARTMENTAL
100.00 (128,477.73)128,477.73 0.00 0.00 0.00 TOTAL REVENUES
Expenditures
Dept 7000 - BONDS
OTHER SERVICES & CHARGES
100.00 (1,208.61)1,208.61 0.00 0.00 0.00 EXPERT & PROFESSIONAL SERV.375.7000.43050
100.00 (25.88)25.88 0.00 0.00 0.00 LEGAL NOTICE PUBLISHING375.7000.43500
100.00 (104,786.30)104,786.30 0.00 0.00 0.00 LOANS & GRANTS375.7000.44600
100.00 (106,020.79)106,020.79 0.00 0.00 0.00 OTHER SERVICES & CHARGES
100.00 (106,020.79)106,020.79 0.00 0.00 0.00 Total Dept 7000 - BONDS
100.00 (106,020.79)106,020.79 0.00 0.00 0.00 TOTAL EXPENDITURES
100.00 (22,456.94)22,456.94 0.00 0.00 0.00 NET OF REVENUES & EXPENDITURES
100.00 (106,020.79)106,020.79 0.00 0.00 0.00 TOTAL EXPENDITURES
100.00 (128,477.73)128,477.73 0.00 0.00 0.00 TOTAL REVENUES
Fund 375 - TIF Z6: 47TH & GRAND:
40
Item 2.
REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 9/16Page:12/17/2021 03:14 PM
User: suems
DB: Columbia Heights PERIOD ENDING 11/30/2021
% BDGT
USED
UNENCUMBERED
BALANCE
YTD BALANCE
11/30/2021
ACTIVITY FOR
MONTH
11/30/21
ENCUMBERED
YEAR-TO-DATE
2021
AMENDED BUDGETDESCRIPTIONGL NUMBER
Fund 376 - TIF DISTRICTS A3/C7/C8
Expenditures
Dept 7000 - BONDS
OTHER SERVICES & CHARGES
100.00 (1,124.62)1,124.62 0.00 0.00 0.00 EXPERT & PROFESSIONAL SERV.376.7000.43050
100.00 (25.88)25.88 0.00 0.00 0.00 LEGAL NOTICE PUBLISHING376.7000.43500
100.00 (1,150.50)1,150.50 0.00 0.00 0.00 OTHER SERVICES & CHARGES
100.00 (1,150.50)1,150.50 0.00 0.00 0.00 Total Dept 7000 - BONDS
100.00 (1,150.50)1,150.50 0.00 0.00 0.00 TOTAL EXPENDITURES
100.00 1,150.50 (1,150.50)0.00 0.00 0.00 NET OF REVENUES & EXPENDITURES
100.00 (1,150.50)1,150.50 0.00 0.00 0.00 TOTAL EXPENDITURES
0.00 0.00 0.00 0.00 0.00 0.00 TOTAL REVENUES
Fund 376 - TIF DISTRICTS A3/C7/C8:
41
Item 2.
REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 10/16Page:12/17/2021 03:14 PM
User: suems
DB: Columbia Heights PERIOD ENDING 11/30/2021
% BDGT
USED
UNENCUMBERED
BALANCE
YTD BALANCE
11/30/2021
ACTIVITY FOR
MONTH
11/30/21
ENCUMBERED
YEAR-TO-DATE
2021
AMENDED BUDGETDESCRIPTIONGL NUMBER
Fund 389 - TIF R8 CRESTV/TRANSITION BLK
Revenues
Dept 0000 - NON-DEPARTMENTAL
TAXES
100.00 (31,556.59)31,556.59 0.00 0.00 0.00 CURRENT AD VALOREM389.0000.31010
100.00 (31,556.59)31,556.59 0.00 0.00 0.00 TAXES
100.00 (31,556.59)31,556.59 0.00 0.00 0.00 Total Dept 0000 - NON-DEPARTMENTAL
100.00 (31,556.59)31,556.59 0.00 0.00 0.00 TOTAL REVENUES
Expenditures
Dept 7000 - BONDS
OTHER SERVICES & CHARGES
100.00 (1,432.56)1,432.56 0.00 0.00 0.00 EXPERT & PROFESSIONAL SERV.389.7000.43050
100.00 (25.88)25.88 0.00 0.00 0.00 LEGAL NOTICE PUBLISHING389.7000.43500
100.00 (26,451.00)26,451.00 0.00 0.00 0.00 LOANS & GRANTS389.7000.44600
100.00 (27,909.44)27,909.44 0.00 0.00 0.00 OTHER SERVICES & CHARGES
100.00 (27,909.44)27,909.44 0.00 0.00 0.00 Total Dept 7000 - BONDS
100.00 (27,909.44)27,909.44 0.00 0.00 0.00 TOTAL EXPENDITURES
100.00 (3,647.15)3,647.15 0.00 0.00 0.00 NET OF REVENUES & EXPENDITURES
100.00 (27,909.44)27,909.44 0.00 0.00 0.00 TOTAL EXPENDITURES
100.00 (31,556.59)31,556.59 0.00 0.00 0.00 TOTAL REVENUES
Fund 389 - TIF R8 CRESTV/TRANSITION BLK:
42
Item 2.
REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 11/16Page:12/17/2021 03:14 PM
User: suems
DB: Columbia Heights PERIOD ENDING 11/30/2021
% BDGT
USED
UNENCUMBERED
BALANCE
YTD BALANCE
11/30/2021
ACTIVITY FOR
MONTH
11/30/21
ENCUMBERED
YEAR-TO-DATE
2021
AMENDED BUDGETDESCRIPTIONGL NUMBER
Fund 391 - SCATTERED SITE TIF W3/W4
Revenues
Dept 0000 - NON-DEPARTMENTAL
TAXES
100.00 (21,883.98)21,883.98 0.00 0.00 0.00 CURRENT AD VALOREM391.0000.31010
100.00 (21,883.98)21,883.98 0.00 0.00 0.00 TAXES
100.00 (21,883.98)21,883.98 0.00 0.00 0.00 Total Dept 0000 - NON-DEPARTMENTAL
100.00 (21,883.98)21,883.98 0.00 0.00 0.00 TOTAL REVENUES
Expenditures
Dept 7000 - BONDS
OTHER SERVICES & CHARGES
100.00 (1,867.74)1,867.74 0.00 0.00 0.00 EXPERT & PROFESSIONAL SERV.391.7000.43050
100.00 (51.72)51.72 0.00 0.00 0.00 LEGAL NOTICE PUBLISHING391.7000.43500
100.00 (1,919.46)1,919.46 0.00 0.00 0.00 OTHER SERVICES & CHARGES
100.00 (1,919.46)1,919.46 0.00 0.00 0.00 Total Dept 7000 - BONDS
100.00 (1,919.46)1,919.46 0.00 0.00 0.00 TOTAL EXPENDITURES
100.00 (19,964.52)19,964.52 0.00 0.00 0.00 NET OF REVENUES & EXPENDITURES
100.00 (1,919.46)1,919.46 0.00 0.00 0.00 TOTAL EXPENDITURES
100.00 (21,883.98)21,883.98 0.00 0.00 0.00 TOTAL REVENUES
Fund 391 - SCATTERED SITE TIF W3/W4:
43
Item 2.
REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 12/16Page:12/17/2021 03:14 PM
User: suems
DB: Columbia Heights PERIOD ENDING 11/30/2021
% BDGT
USED
UNENCUMBERED
BALANCE
YTD BALANCE
11/30/2021
ACTIVITY FOR
MONTH
11/30/21
ENCUMBERED
YEAR-TO-DATE
2021
AMENDED BUDGETDESCRIPTIONGL NUMBER
Fund 392 - TIF BB2 ALATUS 40TH AV
Expenditures
Dept 7000 - BONDS
OTHER SERVICES & CHARGES
100.00 (3,770.91)3,770.91 2,400.00 0.00 0.00 EXPERT & PROFESSIONAL SERV.392.7000.43050
100.00 (25.88)25.88 0.00 0.00 0.00 LEGAL NOTICE PUBLISHING392.7000.43500
100.00 (3,796.79)3,796.79 2,400.00 0.00 0.00 OTHER SERVICES & CHARGES
100.00 (3,796.79)3,796.79 2,400.00 0.00 0.00 Total Dept 7000 - BONDS
100.00 (3,796.79)3,796.79 2,400.00 0.00 0.00 TOTAL EXPENDITURES
100.00 3,796.79 (3,796.79)(2,400.00)0.00 0.00 NET OF REVENUES & EXPENDITURES
100.00 (3,796.79)3,796.79 2,400.00 0.00 0.00 TOTAL EXPENDITURES
0.00 0.00 0.00 0.00 0.00 0.00 TOTAL REVENUES
Fund 392 - TIF BB2 ALATUS 40TH AV:
44
Item 2.
REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 13/16Page:12/17/2021 03:14 PM
User: suems
DB: Columbia Heights PERIOD ENDING 11/30/2021
% BDGT
USED
UNENCUMBERED
BALANCE
YTD BALANCE
11/30/2021
ACTIVITY FOR
MONTH
11/30/21
ENCUMBERED
YEAR-TO-DATE
2021
AMENDED BUDGETDESCRIPTIONGL NUMBER
Fund 393 - TIF ALATUS 4300 CENTRAL
Revenues
Dept 0000 - NON-DEPARTMENTAL
TRANSFERS & NON-REV RECEIPTS
100.00 (5,935,000.00)5,935,000.00 0.00 0.00 0.00 BOND PROCEEDS393.0000.39310
100.00 (5,935,000.00)5,935,000.00 0.00 0.00 0.00 TRANSFERS & NON-REV RECEIPTS
100.00 (5,935,000.00)5,935,000.00 0.00 0.00 0.00 Total Dept 0000 - NON-DEPARTMENTAL
100.00 (5,935,000.00)5,935,000.00 0.00 0.00 0.00 TOTAL REVENUES
Expenditures
Dept 7000 - BONDS
OTHER FINANCING USES
100.00 (76,484.65)76,484.65 0.00 0.00 0.00 MISCELLANEOUS FISCAL CHARGES393.7000.46210
100.00 (76,484.65)76,484.65 0.00 0.00 0.00 OTHER FINANCING USES
100.00 (76,484.65)76,484.65 0.00 0.00 0.00 Total Dept 7000 - BONDS
100.00 (76,484.65)76,484.65 0.00 0.00 0.00 TOTAL EXPENDITURES
100.00 (5,858,515.35)5,858,515.35 0.00 0.00 0.00 NET OF REVENUES & EXPENDITURES
100.00 (76,484.65)76,484.65 0.00 0.00 0.00 TOTAL EXPENDITURES
100.00 (5,935,000.00)5,935,000.00 0.00 0.00 0.00 TOTAL REVENUES
Fund 393 - TIF ALATUS 4300 CENTRAL:
45
Item 2.
REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 14/16Page:12/17/2021 03:14 PM
User: suems
DB: Columbia Heights PERIOD ENDING 11/30/2021
% BDGT
USED
UNENCUMBERED
BALANCE
YTD BALANCE
11/30/2021
ACTIVITY FOR
MONTH
11/30/21
ENCUMBERED
YEAR-TO-DATE
2021
AMENDED BUDGETDESCRIPTIONGL NUMBER
Fund 408 - EDA REDEVELOPMENT PROJECT FD
Revenues
Dept 0000 - NON-DEPARTMENTAL
TAXES
54.99 78,773.20 96,226.80 0.00 0.00 175,000.00 HRA CURRENT AD VALOREM408.0000.31012
41.72 43,712.89 31,287.11 0.00 0.00 75,000.00 AREA WIDE TAX408.0000.31014
100.00 (1,913.24)1,913.24 0.00 0.00 0.00 DELNQ. AD VALOREM408.0000.31020
51.77 120,572.85 129,427.15 0.00 0.00 250,000.00 TAXES
MISCELLANEOUS
100.00 (1,243.29)1,243.29 0.00 0.00 0.00 OTHER MISC. REVENUE408.0000.36290
100.00 (1,243.29)1,243.29 0.00 0.00 0.00 MISCELLANEOUS
52.27 119,329.56 130,670.44 0.00 0.00 250,000.00 Total Dept 0000 - NON-DEPARTMENTAL
52.27 119,329.56 130,670.44 0.00 0.00 250,000.00 TOTAL REVENUES
Expenditures
Dept 6314 - ECONOMIC DEVELOPMENT AUTH
OTHER SERVICES & CHARGES
100.00 (6,257.76)6,257.76 3,377.76 0.00 0.00 EXPERT & PROFESSIONAL SERV.408.6314.43050
100.00 (6,750.00)6,750.00 1,750.00 0.00 0.00 LOANS & GRANTS408.6314.44600
100.00 (13,007.76)13,007.76 5,127.76 0.00 0.00 OTHER SERVICES & CHARGES
100.00 (13,007.76)13,007.76 5,127.76 0.00 0.00 Total Dept 6314 - ECONOMIC DEVELOPMENT AUTH
Dept 6414 - COMMERCIAL REVITALIZATION
OTHER SERVICES & CHARGES
100.00 (32,763.37)32,763.37 367.18 0.00 0.00 EXPERT & PROFESSIONAL SERV.408.6414.43050
100.00 (239.87)239.87 15.08 0.00 0.00 ELECTRIC408.6414.43810
100.00 (7,702.82)162.82 0.00 7,540.00 0.00 WATER408.6414.43820
100.00 (535.23)535.23 38.68 0.00 0.00 GAS408.6414.43830
0.00 (8,690.00)0.00 0.00 8,690.00 0.00 SEWER408.6414.43850
100.00 (84,280.25)84,280.25 0.00 0.00 0.00 PRIOR PERIOD ADJUSTMENT408.6414.44360
0.00 50,000.00 0.00 0.00 0.00 50,000.00 LOANS & GRANTS408.6414.44600
268.42 (84,211.54)117,981.54 420.94 16,230.00 50,000.00 OTHER SERVICES & CHARGES
PERSONNEL SERVICES
100.00 (1,135.85)1,135.85 0.00 0.00 0.00 REGULAR EMPLOYEES408.6414.41010
100.00 (85.18)85.18 0.00 0.00 0.00 P.E.R.A. CONTRIBUTION408.6414.41210
100.00 (83.76)83.76 0.00 0.00 0.00 F.I.C.A. CONTRIBUTION408.6414.41220
100.00 (221.41)221.41 0.00 0.00 0.00 INSURANCE408.6414.41300
100.00 (33.28)33.28 0.00 0.00 0.00 WORKERS COMP INSURANCE PREM408.6414.41510
100.00 (1,559.48)1,559.48 0.00 0.00 0.00 PERSONNEL SERVICES
CAPITAL OUTLAY
114.45 (28,893.86)228,893.86 0.00 0.00 200,000.00 LAND408.6414.45110
114.45 (28,893.86)228,893.86 0.00 0.00 200,000.00 CAPITAL OUTLAY 46
Item 2.
REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 15/16Page:12/17/2021 03:14 PM
User: suems
DB: Columbia Heights PERIOD ENDING 11/30/2021
% BDGT
USED
UNENCUMBERED
BALANCE
YTD BALANCE
11/30/2021
ACTIVITY FOR
MONTH
11/30/21
ENCUMBERED
YEAR-TO-DATE
2021
AMENDED BUDGETDESCRIPTIONGL NUMBER
Fund 408 - EDA REDEVELOPMENT PROJECT FD
Expenditures
145.87 (114,664.88)348,434.88 420.94 16,230.00 250,000.00 Total Dept 6414 - COMMERCIAL REVITALIZATION
Dept 6416 - 3989 CENTRAL AVE
OTHER SERVICES & CHARGES
100.00 (10,498.10)10,498.10 0.00 0.00 0.00 EXPERT & PROFESSIONAL SERV.408.6416.43050
100.00 (10,498.10)10,498.10 0.00 0.00 0.00 OTHER SERVICES & CHARGES
100.00 (10,498.10)10,498.10 0.00 0.00 0.00 Total Dept 6416 - 3989 CENTRAL AVE
Dept 9999 - CONSTRUCTION
OTHER SERVICES & CHARGES
100.00 (274,358.55)274,358.55 6,684.30 0.00 0.00 EXPERT & PROFESSIONAL SERV.408.9999.43050.2014
100.00 (22.00)22.00 0.00 0.00 0.00 LOCAL TRAVEL EXPENSE408.9999.43310.2011
100.00 (311.35)311.35 0.00 0.00 0.00 LEGAL NOTICE PUBLISHING408.9999.43500.2014
100.00 (13,869.00)13,869.00 13,869.00 0.00 0.00 REPAIR & MAINT. SERVICES408.9999.44000.2014
100.00 (175.00)175.00 0.00 0.00 0.00 RENTS & LEASES408.9999.44100.2014
100.00 (288,735.90)288,735.90 20,553.30 0.00 0.00 OTHER SERVICES & CHARGES
SUPPLIES
100.00 (1,940.78)1,940.78 908.91 0.00 0.00 MAINT & CONSTRUCTION MATERIALS408.9999.42160.2014
100.00 (9.89)9.89 0.00 0.00 0.00 GENERAL SUPPLIES408.9999.42171.2014
100.00 (1,950.67)1,950.67 908.91 0.00 0.00 SUPPLIES
100.00 (290,686.57)290,686.57 21,462.21 0.00 0.00 Total Dept 9999 - CONSTRUCTION
271.54 (428,857.31)662,627.31 27,010.91 16,230.00 250,000.00 TOTAL EXPENDITURES
100.00 548,186.87 (531,956.87)(27,010.91)(16,230.00)0.00 NET OF REVENUES & EXPENDITURES
271.54 (428,857.31)662,627.31 27,010.91 16,230.00 250,000.00 TOTAL EXPENDITURES
52.27 119,329.56 130,670.44 0.00 0.00 250,000.00 TOTAL REVENUES
Fund 408 - EDA REDEVELOPMENT PROJECT FD:
47
Item 2.
REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 16/16Page:12/17/2021 03:14 PM
User: suems
DB: Columbia Heights PERIOD ENDING 11/30/2021
% BDGT
USED
UNENCUMBERED
BALANCE
YTD BALANCE
11/30/2021
ACTIVITY FOR
MONTH
11/30/21
ENCUMBERED
YEAR-TO-DATE
2021
AMENDED BUDGETDESCRIPTIONGL NUMBER
Fund 420 - CAP IMPROVEMENT-DEVELOPMENT
Revenues
Dept 0000 - NON-DEPARTMENTAL
MISCELLANEOUS
100.00 (323.71)323.71 0.00 0.00 0.00 LOAN INTEREST420.0000.36216
100.00 (323.71)323.71 0.00 0.00 0.00 MISCELLANEOUS
100.00 (323.71)323.71 0.00 0.00 0.00 Total Dept 0000 - NON-DEPARTMENTAL
100.00 (323.71)323.71 0.00 0.00 0.00 TOTAL REVENUES
100.00 (323.71)323.71 0.00 0.00 0.00 NET OF REVENUES & EXPENDITURES
0.00 0.00 0.00 0.00 0.00 0.00 TOTAL EXPENDITURES
100.00 (323.71)323.71 0.00 0.00 0.00 TOTAL REVENUES
Fund 420 - CAP IMPROVEMENT-DEVELOPMENT:
161,348.30 (5,119,633.43)5,139,038.43 (43,835.81)(16,230.00)3,175.00 NET OF REVENUES & EXPENDITURES
224.54 (936,291.03)1,671,886.03 48,519.14 16,230.00 751,825.00 TOTAL EXPENDITURES - ALL FUNDS
902.11 (6,055,924.46)6,810,924.46 4,683.33 0.00 755,000.00 TOTAL REVENUES - ALL FUNDS
48
Item 2.
Resolution 2022-01
RESOLUTION NO. 2022-01
A RESOLUTION OF THE ECONOMIC DEVELOPMENT AUTHORITY OF COLUMBIA HEIGHTS, MINNESOTA,
APPROVING THE FINANCIAL STATEMENTS FOR THE MONTHS OF OCTOBER AND NOVEMBER 2021, AND THE
PAYMENT OF THE BILLS FOR THE MONTHS OF OCTOBER AND NOVEMBER 2021.
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 outstand ing 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 months of October, and November 2021 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 3rd day of January, 2022
Offered by:
Seconded by:
Roll Call:
President
Attest:
Assistant Secretary
49
Item 2.
ECONOMIC DEVELOPMENT AUTHORITY
AGENDA SECTION BUSINESS ITEMS
MEETING DATE JANUARY 3, 2022
ITEM: Election of Economic Development Authority Officers
DEPARTMENT: Community Development BY/DATE: Aaron Chirpich - 2/29/2021
BACKGROUND:
Pursuant to the bylaws of the Columbia Heights Economic Development Authority (the “EDA”), officers are
required to be elected annually. The 2021 EDA officers that served are as follows:
President – Marlaine Szurek
Vice President – Connie Buesgens
Treasurer – Gerry Herringer
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. Th e 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 Manager (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:
50
Item 3.
Page 2
RECOMMENDED MOTION(S):
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.
Following ratification of the above motions, the newly elected President of the EDA will preside over the
remainder of the meeting.
51
Item 3.
ECONOMIC DEVELOPMENT AUTHORITY
AGENDA SECTION BUSINESS ITEMS
MEETING DATE JANUARY 3, 2022
ITEM: Designate Official Depositories of the Economic Development Authority
DEPARTMENT: Community Development BY/DATE: Aaron Chirpich – 12/29/21
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 the 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. 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.
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.
RECOMMENDED MOTION(S):
MOTION: Move to waive the reading of Resolution 2022-02, there being ample copies available to the public.
MOTION: Move to adopt Resolution 2022-02, a resolution designating official depositories, for the Columbia
Heights Economic Development Authority.
ATTACHMENT(S):
Resolution 2022-02
52
Item 4.
Resolution 2022-02
RESOLUTION NO. 2022-02
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 pa yment 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.
53
Item 4.
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 comply with the authorize d 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 the funds of the City, p rovided
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 3rd day of January, 2022
Offered by:
Seconded by:
Roll Call:
President
Attest:
Secretary
54
Item 4.
ECONOMIC DEVELOPMENT AUTHORITY
AGENDA SECTION BUSINESS ITEMS
MEETING DATE JANUARY 3, 2022
ITEM: Resolution of Support for Tax Increment Financing
DEPARTMENT: Community Development BY/DATE: Aaron Chirpich – 12/29/21
BACKGROUND:
In May 2021, the EDA received an application for financial assistance from Reuter Walton Development
requesting a total of $1.8 million of public assistance to construct a 62 -unit affordable housing complex on the
City’s vacant development site located behind the Public Safety campus. Reuter Walton specifically requested
Tax Increment Financing (TIF) in the amount of $1,498,000 and a local grant of $300,000. The project is
proposed to start in the spring of 2022 with an anticipated project cost of approximately $20 million. Reuter
Walton and the City are also partnering with Southern Anoka Community Assistance (SACA) to develop a new
food shelf on the same development site.
The City’s public financing consultant, Ehlers has reviewed the proposed project; specifically the budget and
pro forma for the apartments based on industry standards for construction, land acquisition, and project
costs. Based on their review, Ehlers has determined that the requested financial assistance is more than what
is necessary for the project to be financially feasible. Ehlers has concluded that the project would require no
more than $680,000 in TIF assistance payable over a 15 year term. A copy of the memo detailing the Ehlers
analysis is attached to this report.
RESOLUTION OF SUPPORT:
Reuter Walton has asked that the EDA pass a resolution showing support for the use of TIF on the proposed
project, as a resolution of support will assist them in their pursuit of additional funding for the project from
the State of Minnesota and their private investment partners. A resolution of support in no way obligates the
EDA or City to provide any TIF assistance to the project. Authorization of TIF for the project is solely within the
discretion of the City Council after satisfaction of all conditions required pursuant to State law.
METROPOLITAN COUNCIL GRANT:
In September of 2021, the City Council authorized staff to prepare an application for the Metropolitan
Council’s 2021 Livable Communities Demonstration Account (LCDA) grant funding program to support the
project. The City prepared an application on behalf of Reuter Walton and SACA. Eligible uses of the grant funds
include; storm water management, public realm improvements, renewable energy systems, and site
acquisition and preparation. SACA and Reuter Walton requested a combined total of $1,232,000 in LCDA
funding to support the joint project venture. On December 27, 2021, the City was informed by the Met Council
that the City and the project have been awarded the full amount of grant funding requested. It is unclear how
this new infusion of grant funding will affect the need for TIF assistance. Staff is coordinating with Ehlers to
review a revised pro forma for the Reuter Walton portion of the project that takes into consideration the new
funding source.
55
Item 5.
Page 2
RECOMMEDATION:
Staff is amenable to passing the attached resolution of support for TIF assistance, as doing so does not
obligate the City or EDA to any form of an actual TIF agreement. Passing the resolution will convey the City’s
willingness to provide assistance if warranted. Ultimately, further review of the project pro forma may
conclude that zero assistance is required.
RECOMMENDED MOTION(S):
MOTION: Move to waive the reading of Resolution 2022-03, there being ample copies available to the public.
MOTION: Move to adopt Resolution 2022-03, a resolution of the Columbia Heights Economic Development
Authority supporting use of tax increment financing for a rental housing development project.
ATTACHMENT(S):
Resolution 2022-03
TIF Analysis Memo from Ehlers
56
Item 5.
CL205\79\766440.v2
THE COLUMBIA HEIGHTS ECONOMIC DEVELOPMENT AUTHORITY
RESOLUTION No. 2022-03
SUPPORTING USE OF TAX INCREMENT FINANCING FOR A RENTAL
HOUSING DEVELOPMENT PROJECT
WHEREAS, the Columbia Heights Economic Development Authority (the “EDA”)
was created pursuant to Minnesota Statutes, Sections 469.090 to 469.1081 (the “EDA
Act”), and is authorized pursuant to Minnesota Statutes, Sections 469.174 to 469.1794
(the “TIF Act”) to use tax increment financing to carry out the public purposes described
herein; and
WHEREAS, the EDA has received a request to provide financial assistance to
Reuter Walton Development, LLC, a Minnesota limited liability company, or an affiliated
entity (the “Developer”) for an approximately 62-unit multifamily workforce rental housing
apartment building (the “Project”) to be located on approximately 1.6 acres of land at the
intersection of 42nd Avenue NE and Jackson Street NE in Columbia Heights, Minnesota;
and
WHEREAS, in connection with its application to Minnesota Management and
Budget for tax-exempt bonds for the Project, the Developer has requested that the EDA
indicate its support of the use of financial assistance for the Project.
NOW, THEREFORE, BE IT RESOLVED, by the Board of Commissioners of the
Columbia Heights Economic Development Authority (the “Board”) as follows:
The EDA supports the use of tax increment financing for the Project in the
amount of up to $680,000, payable over approximately 15 years; provided, however, that
authorization of tax increment financing for the Project is solely within the discretion of
the City Council after satisfaction of all conditions required pursuant to the EDA Act and
the TIF Act, including without limitation (i) a public hearing; and (ii) a determination that
tax increment financing assistance is necessary for the Project, including verification of
development financing need that substantiates that but for the use of tax increment
financing, the Developer would be unable to proceed with the Project.
Adopted by the Board of Commissioners of the Columbia Heights Economic
Development Authority this 3rd day of January, 2022
___________________________________
President
ATTEST:
Executive Director
57
Item 5.
SOURCES
Amount Pct.Per Unit
First Mortgage 9,749,000 48%157,242
TIF Mortgage 680,000 3%10,968
Tax Credits 8,392,675 42%135,366
Deferred Developer Fee (55% of Total Fee)1,330,792 7%21,464
TOTAL SOURCES 20,152,467 100%325,040
USES
Amount Pct.Per Unit
Acquisition Costs 450,000 2%7,258
Construction Costs 14,755,270 73%237,988
Professional Services 840,000 4%13,548
Financing Costs 1,252,940 6%20,209
Developer Fee 2,419,669 12%39,027
Cash Accounts/Escrows/Reserves 434,588 2%7,009
TOTAL USES 20,152,467 100%325,040
58
Item 5.
1 2 3 4 5 6 7 8
60%44,100 50,400 56,700 62,940 67,980 73,020 78,060 83,100
Studio 1 2 3 4 5 6
60%1,102 1,181 1,471 1,636 1,825 2,014 2,202
59
Item 5.
60
Item 5.