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Home My WebLink AboutJune 15, 1987 CITY OF PRIOR LAKE ~ REGULAR COONCIL MEETII-X; AGENDA CALL 'IO ORDER Moooay, June 15, 1987 7:30 p.m. 1. Pledge of Allegiance 2. Minutes of The Previous Meeting 3. Consent Ageooa a. Invoices to be paid b. B.1ilding Permit Report c. Dog Catcher1s Report d. Fire and Rescue Report e. Police Report f. Treasurer1s Quarterly Report g. Consider Demolition of City Garage h. Consider 1987/88 Refuse Hauler Permits i. Consider Lieutenant Position j. Consider Jaycees Request for TEmporary Liquor License k. Consider Lakefront Days Canmittee Request for TEmporary Liquor License 1. Consider Mary Margaret First Deve10ferl s Agreanent 4. Introduction of New Employees a. Police Officer b. Police Officer c. secretary 5. Becky Kelso - Minnesota House Representative - District 36A 8: 00 p.m 6. Equalization Meeting 7. Reconsideration of Titus II Plat Deve10pnent 8. Consider Brooksvil1e Hills 8th .Addition 9 . other Business a) Prior Lake I s stakes Race - Change of Date to 10/3/87 b) c) 10. Announcements and Cor respoooence a) b c) (612) 447.4230 4629 DAKOTA STREET S.E. P.O. BOX 359 PRIOR LAKE, MINNESOTA 55372 CITY OF PRIOR LAKE ~ TO: Mayor and City Council FRCM: Ralph Teschner, Finance Director DATE: June 05, 1987 05/1/87 Balance RE: June 1, 1987 Treasurers Report 06/1/87 Receipts Disbursements Balance Investments 215,285.01 202,930.95 (95,515.16) 515,000.00 26,074.94 52,774.96 94,607.30 General Fund (107,869.22) Sewer & Water Fund 121,307.32 ~cial Assessnent Fuoo 35,448.14 255,010.34 241,213.62 49,244.86 5,167,000.00 Water Tower Escrow Fund 47,487.76 5,687.24 -0- 53,175.00 300,000.00 Prior Lake Construction Fund 3,804.67 152,126.65 151,889.60 4,041.72 275,000.00 Tax Incranent Fund 20,104.66 87.26 750.00 19,441.92 125,000.00 Trunk Reserve Fund 7,711.78 83.95 -0- 7,795.73 Total 127,995.11 654,355.39 649,559.13 132,791.37 6,382,000.00 (612) 447.4230 4629 DAKOTA STREET S.E. P.O. BOX 359 PRIOR LAKE, MINNESOTA 55372 .~ c~ "I: ,..". 1- ;i ;,1 c~ :. .! Ii: I': i<J, ~ .~ ~ ii: I ,~ ;;l ~ 'mE FQI..IDVING LIST OF INVOICES ARE SCHEDULED FOR PAYMENT ON TUES. JUNE 16, 1987 MISC. DEPl'S. Del ta Dental Cuil1 St. Paul Book & stationery Holiday Plus Prior Lake carQuest Charles Tooker Harold's Repair Carl son OK Hardware Coast to Coast Parts Dept. Inc. c. H. Ca~nter Ltnnber Co. <,if. :J.: 10- l~ ~ ;~ ,?j ~~ ,1 <';:'). ~:~ ~ .;;l .~ ,'t.. '%~ ~ j~ ;tl .?'J .:;1 ~~ i1 ~ ,;',; }j 'f~ ill ~] t I .""i. GmERAL GO\lERNMENT Prior Lake Anerican Copy Duplicating Prooucts lOiA Teri-Jo1s Floral Lcmnen, Nelson, Cole & Stageberg David unmacht Noll I s Hallnark Deb Garross Laurie Schmitz Franz Engineering ARAICory Services Best <Dnpany Hauser I s IGA Sprint R & R Caq.et Service American Linen Co. Park National Bank Minnetek Pitney-Bowes Mayor & Council David unmacht Ralph Teschner Horst Graser ~ ~.: '".. Insur ance Office SUpplies Office SUpplies SUpplies Repair supplies Consul tant Planner Repair SUpplies Misc. SUpplies SUpplies SUpplies Legal Publications Copier SUpplies Dues Floral Arranganent Legal Fees Reint>. for SUpplies Supplies Mileage & Reimb. for SUpplies Mileage Planning Supplies Coffee Service SUpplies supplies Telephone Service Building Maintenance Building Maintenance Canputer Payment Hardware Contract Postage Machine Salaries Car Allowance Car Allowance Car Allowance 977.40 49.80 345.89 113.13 380.70 750.00 51.00 247.87 174.01 268.21 52.13 253 .36 111.70 337.50 30.00 4,266.50 53.57 14.00 68.74 14.40 214.26 19.00 78.64 91.99 62.67 36.00 72.43 2,714.14 895.00 137.50 1,350.00 250.00 100.00 100.00 " PARKS AND RECREATION Elizabeth Mee Park Program Instructor 29.25 Tim Johnson Park Program Instructor 336.00 Brent Johnson Park Program Instructor 336.00 Jim Conroy Park Program Instructor 168.00 Jim 01 Keefe Park progran Instructor 84.00 ISD t719 Park Program Supplies 3.10 Radermacher Red <HI Park Program SUpplies 40.98 S & S Arts & Crafts Park Program SUpplies 147.40 McDonaldl s Park Program Suppiies 8.86 Skatevil1e Park Program 122.50 Minnesota '!Wins Park Program 150.00 ,-; Northern Hydraulics Repair SUpplies 45.25 MrI Distributing Co. Repair SUpplies 424.76 Baclunan1s Park Maintenance SUpplies 70.50 Hoffer1s Inc. Park Maintenance SUpplies 88.25 William Mangan Car Allowance 175.00 westburne SUpply Co. SUpplies 183.29 Prior Lake Aggregate Park Maintenance SUpplies 65.25 J. L. Shie1y Park Maintenance SUpplies 343.55 Electro-Mech SOOreboard Co. Park Maintenance SUpplies 108.23 Pepsi -COla Co. Ooncession SUpplies 318.00 Bill Mangan Oonference Expenses 168.40 Shakopee Public Utilities utilities 23.96 Quality Waste Oontro1 Rubbish Removal 200.00 .,j Lano Equipoent Repairs 56.50 <?ene' s Chainsaw Repairs 28.25 Prior Lake Tire & Alignment Repairs 42.99 Satellite Industries Equipnent Rental 133.06 Monnens Supply Capital cut1ay-Q;Juipnent 1,533.00 WATER UTILITY Van Waters & Rogers Chanicals 353.00 North star Waterworks Products Repair Supplies 340.58 Davies Water &;Iuipnent Co. Repair SUpplies 207.16 state Treasurer License Renewal Fee 15.00 Water Pollution Oontro1 Federation Dues 60.00 SEWER UTILITY K'lCC SAC Charges 11,954.25 K'lCC Installment 29,569.89 Neenah Foundry Co. Repair Supplies 192.00 'I' I :f ,." ,j, ~ {11 ',m,i 'rB I i i!;i' 'I I PUBLIC SAFETY Noll's Hallmark Liberty Photo Service Inc. The Gunnery Inc. Dick Powell steve Schmidt Dennis Leff LeRoy Rabenort Joe VanDenBoan Robert Boe Michael Maroon Greg Zollner Randy Hofstad I.anIlen, Nelson, Cole & stageberg Michael Marben Copy Duplicating Products Savage Motor Mart Alpha Micro Users SOCiety Richard Powell .~t FIRE AND RESaJE Ring Fire Extinguisher Co. Ieynolds Welding Supply Co QJnmunication Auditors Kustan Ko1or Creative Graphics MN Conway Fire & Safety PUBLIC WORKS S & T Office Products Copy Equipnent Inc. Kraner Spring & Aligrunent Co. l'in. Mueller & SOns MN Valley Electric Coop. Larry Anderson Bruce Loney '~ ! , .\' . ;:" ,; 'ii ~,,~ ~?~: Photo Finishing photography supplies SUpplies Clothing Allowance Clothing Allowance Clothing Allowance Clothing Allowance Clothing Allowance Clothing Allowance Clothing Allowance Clothing Allowance Clothing Allowance Legal Fees Mileage Copier Rental & Supplies Vehicle Maintenance Membership Dues Car Allowance SUpplies SUpplies Small Tools & Equipnent Vehicle Maintenance Printed Supplies Equipnent Repairs SUpplies Engineering Supplies vehicle Maintenance street Maintenance SUpplies street Light Installations Car Allowance Car Allowance 60.64 164.72 56 .76 214.00 214.00 214.00 214.00 214.00 214.00 214.00 214.00 214.00 3,665.36 149.60 62.40 25.00 50.00 175.00 28.50 64.33 168.57 835.50 33.95 466.35 38.88 514.13 220.00 770.80 1,254.00 175.00 175.00 :.I.~ I ~;. ~t1 ". CDNsmucrION fUN) OSM Braun Engineering Testing Engineering Fees Engineering Fees 11,020.99 408.70 n ~ DEBT SERVIQ:-GENERAL FUND Norwest Bank Mpls. Debt Service 5,666.00 DEBT SERVIQ: FUR> Norwest Bank Mp1s. Anerican National Bank Debt Service Debt Service 277,187.20 77,216.86 TAX mCRE)tENT rom Charles Tooker Consultant Planner 750.00 ~ .~ CITY OF PRIOR LAKE SUmmary of Building Permits Issued fok>nth of MAY 1987 No. of Declared No. of No. of Declared Permits Value Permits Pennits Value Prior Yr. Prior Yr. to Date Single Family Dwellings 15 1,557,409.59 16 1,325,118.43 65 other Dwellings (No. of Units ..:L- 03 715,238.96 02 463,333.24 4 Dwelling Units ReIooved 1 0 0 0 0 1 Net Change +21 Residential Garages 04 37,618.16 02 36,128.32 6 Industrial-camoercial 0 0 0 0 0 structures other than buildings 0 0 0 0 0 Additions, Alterations l. Residential 30 252,535.00 16 69,170.00 68 2. Industrial and Camnercial 01 8,500.00 02 5,680.00 8 Miscellaneous Permits 02 24,000.00 02 16,645.00 6 Total 55 2,595,301.71 40 1,916,074.99 157 7.432.844.16 CITY OF PRIOR LAKE ~ RE: Prior Lake Cb1igation ,000 General Refunding FRCM: Mayor and City David J. Urnna TO: Recall back to March 9, 1987 when the City of Prior Lake sold General Cb1igation Advance Refuming Bonds for $2,700,000. The net effective interest rate on the Triple A rated, MEIA insured OOOOS was 4.93%. Enclosed is the May issue of the Minnesota Cities Magazine, page nmnber 42 - Booo Sales. Please note that the City 1 s NIR was the lowest of all 0000 sales in March. A brief review of the Minnesota 0000 sales during the months of November and December, 1986 and January and February, 1987 indicate that of the 76 sales, Prior Lake 1 s maturity rate of 8 years was the longest of all issues below the 5% interest rate level. several reasons are evident to explain the excellent rating our City received on the 0000 sale. They are, in no particular order, and in no degree of significance: 1. Timing of the sale - market was ~aking. 2. structure of the issue - length, insurance. 3. Prior Lake City Council, staff and Fiscal Consultant. 4. "Lady" Luck. When you add all four of the reasons together you get an action fran the Prior Lake City Council which will save the residents and taxpayers of Prior Lake an estimated $350,000 in debt service interest over the length of the 0000 maturity 1 (612) 447.4230 4629 DAKOTA STREET S.E. P.O. BOX 359 PRIOR LAKE, MINNESOTA 55372