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HomeMy WebLinkAbout2015/06/15 - ADMIN - Agenda Packets - City Council - RegularAGENDA JUNE 15, 2015 (Mayor Jacobs Out) 6:20 p.m. SPECIAL STUDY SESSION – Community Room Discussion Item 1. 60 min. 2014 Financial Statements – Auditors Discussion & Review 7:20 p.m. ECONOMIC DEVELOPMENT AUTHORITY -- Council Chambers 1. Call to Order 2. Roll Call 3. Approval of Minutes 3a. Economic Development Authority Meeting Minutes June 1, 2015 4. Approval of Agenda 5. Reports 6. Old Business – None 7. New Business 7a. Call for Public Hearing to Consider Establishment of The Shoreham TIF District Recommended Action: Motion to Adopt EDA Resolution requesting the City Council to call for a public hearing relative to the establishment of The Shoreham Tax Increment Financing District within Redevelopment Project No. 1 (a redevelopment district). 7b. Resolution of Support for Submission of a DEED Job Creation Fund Grant Application Recommended Action: Motion to Adopt EDA Resolution of Support for submission of a Job Creation Fund application to the Department of Employment and Economic Development (DEED). 8. Communications -- None 9. Adjournment 7:30 p.m. CITY COUNCIL MEETING – Council Chambers 1. Call to Order 1a. Pledge of Allegiance 1b. Roll Call 2. Presentations 2a. Acceptance of CenterPoint Energy Grant 2b. Recognition of Bridget Gothberg’s Years of Service 2c. 2014 Financial Statements – Auditors Discussion & Review Meeting of June 15, 2015 City Council Agenda 3. Approval of Minutes 3a. City Council Meeting Minutes May 18, 2015 3b. Study Session Meeting Minutes May 26, 2015 3c. Special Study Session Meeting Minutes June 1, 2015 3d. City Council Meeting Minutes June 1, 2015 4. Approval of Agenda and Items on Consent Calendar NOTE: The Consent Calendar lists those items of business which are considered to be routine and/or which need no discussion. Consent items are acted upon by one motion. If discussion is desired by either a Councilmember or a member of the audience, that item may be moved to an appropriate section of the regular agenda for discussion. The items for the Consent Calendar are listed on the last page of the Agenda. Recommended Action: Motion to approve the Agenda as presented and items listed on the Consent Calendar; and to waive reading of all resolutions and ordinances. (Alternatively: Motion to add or remove items from the agenda, or move items from Consent Calendar to regular agenda for discussion.) 5. Boards and Commissions – None 6. Public Hearings 6a. Team DHW, LLC, dba Blaze Pizza - On-Sale Wine and 3.2% Malt Liquor License Recommended Action: Mayor to close public hearing. Motion to approve application from Team DHW, LLC, dba Blaze Pizza, for an On-Sale Wine and 3.2% Malt Liquor License to be located at 8126 Highway 7, with the license term through March 1, 2016. 6b. Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Manager, 5305 Parkdale Drive Recommended Action: The Mayor is asked to open the public hearing, accept testimony, and then close the public hearing. Motion to Adopt Resolution upholding the Board of Zoning Appeals (BOZA) decision to deny the appeal of St. Louis Park Properties. 6c. 2014 Annual MS4 Stormwater Pollution Prevention Plan (SWPPP) Meeting Recommended Action: None at this time. Each year the City is required to hold a public meeting to provide an opportunity for residents to review and comment on its Storm Water Pollution Prevention Plan and its storm water management program. This agenda item serves to meet this requirement. After a staff presentation the Mayor is asked to open up the meeting for public comment. 7. Requests, Petitions, and Communications from the Public -- None 8. Resolutions, Ordinances, Motions and Discussion Items 8a. CUP Allowing Off-site Parking, Reducing Required Parking Amount, and Excavation at 7400 Excelsior Blvd Recommended Action: Motion to Adopt Resolution approving a Conditional Use Permit (CUP) to allow off-site parking, a reduction in the amount of required parking, and excavation at 7400 Excelsior Boulevard of more than 400 cubic yards of material, subject to conditions recommended by staff. 9. Communications -- None Meeting of June 15, 2015 City Council Agenda CONSENT CALENDAR 4a. Adopt Resolution authorizing the special assessment for the repair of the water and sewer service lines at 1810 Flag Avenue South, St. Louis Park, Minnesota, P.I.D. 06- 117-21-33-0044. 4b. Adopt Resolution authorizing the special assessment for the repair of the sewer service line at 3912 Joppa Avenue South, St. Louis Park, Minnesota, P.I.D. 07-028-24-12-0149. 4c. Adopt Resolution to recognize Public Service Worker Dallas Bahe for his nearly 34 years of service to the City of St. Louis Park. 4d. Adopt Resolution calling for a public hearing relative to the proposed establishment of The Shoreham Tax Increment Financing (TIF) District within Redevelopment Project No. 1 (a redevelopment district). 4e. Approve a Temporary On-Sale Intoxicating Liquor License for the Minnesota Grape Growers Association for an event on West End Boulevard at the Shops at West End for July 11, 2015. 4f. Approve a temporary extension of the licensed premises located at 5605 36th St. W. to include the west parking lot for the American Legion’s Celebrate the Park event to be held June 20, 2015 in conjunction with Parktacular. 4g. Adopt Resolution to approve Boy Scout Troop 3282’s request for placing temporary signs in the public right-of-way. 4h. Approve the amendment to the Equipment Replacement Capital Plan. 4i. Approve for filing Board of Zoning Appeals Meeting Minutes July 24, 2014 4j. Approve for filing Planning Commission Minutes May 20, 2015 4k. Approve for filing Environment & Sustainability Commission Minutes May 6, 2015 St. Louis Park Economic Development Authority and regular City Council meetings are carried live on Civic TV cable channel 17 and replays are frequent; check www.parktv.org for the schedule. The meetings are also streamed live on the internet at www.parktv.org, and saved for Video on Demand replays. The agenda is posted on Fridays on the official city bulletin board in the lobby of City Hall and on the text display on Civic TV cable channel 17. The agenda and full packet are available by noon on Friday on the city’s website. Meeting of June 15, 2015 City Council Agenda Auxiliary aids for individuals with disabilities are available upon request. To make arrangements, please call the Administration Department at 952/924-2525 (TDD 952/924-2518) at least 96 hours in advance of meeting. Immediately Following City Council Meeting SPECIAL STUDY SESSION Continued – Community Room Discussion Item 2. 30 min. Update on Highway 100 Traffic Issues (Verbal) Meeting: Special Study Session Meeting Date: June 15, 2015 Discussion Item: 1 EXECUTIVE SUMMARY TITLE: 2014 Financial Statements – Auditors Discussion and Review RECOMMENDED ACTION: No action required. City Council is asked to provide any comments or questions it might have regarding Comprehensive Annual Financial Report (CAFR), Communication with Those Charged with Governance, Report on Compliance and Internal Controls for the year ended December 31, 2014. POLICY CONSIDERATION: • Does the City Council feel the information contained in the Comprehensive Annual Financial Report (CAFR), Communication with Those Charged with Governance, Report on Compliance and Internal Controls for the year ended December 31, 2014 allows for effective decision making? • Would the City Council desire to have any follow-up discussion on the Audit? SUMMARY: For the presentation, David J. Mol – Partner from Redpath and Company, will discuss the information and key financial points with the City Council. The City of St. Louis Park is required to have an independent audit performed annually. The auditors work for the City Council, not the City management team. The City received a clean audit opinion, or “unmodified opinion”, which means that Redpath and Company believe the financial statements, as presented by city staff, fairly represents the City’s financial condition as of December 31, 2014. Staff has submitted the CAFR to the Office of the State Auditor as required and also submitted it to the Government Finance Officers Association (GFOA) to be considered for the Achievement for Excellence in Financial Reporting certificate program for which the City of St. Louis Park has been recognized for 31 consecutive years. FINANCIAL OR BUDGET CONSIDERATION: This report shows the City of St. Louis Park remains in strong financial condition. VISION CONSIDERATION: Not applicable. SUPPORTING DOCUMENTS: 1) 2014 – Final Issued CAFR – 5-29-15 2) 2014 – Final Issued Governance Letter – 5-29-15 3) 2014 – Final Issued Single Audit – 5-29-15 Prepared by: Brian A. Swanson, Controller Reviewed by: Nancy Deno, Deputy City Manager/HR Director Approved by: Tom Harmening, City Manager CITY OF ST. LOUIS PARK, MINNESOTA    COMPREHENSIVE  ANNUAL  FINANCIAL  REPORT                                  FOR THE FISCAL YEAR ENDED    DECEMBER 31, 2014          Thomas Harmening – City Manager    Prepared by:  Accounting Division        Member of the Government Finance Officers’ Association  Of the United States and Canada  Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 2 - This page intentionally left blank - Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 3 CITY OF ST. LOUIS PARK, MINNESOTA TABLE OF CONTENTS Page Reference No. I. INTRODUCTORY SECTION Letter of Transmittal 3 Certificate of Achievement 9 Services Chart 11 Officials of the City of St. Louis Park 12 II. FINANCIAL SECTION Independent Auditor's Report 15 Management's Discussion and Analysis 19 Basic Financial Statements: Government-Wide Financial Statements: Statement of Net Position Statement 1 35 Statement of Activities Statement 2 36 Fund Financial Statements: Balance Sheet - Governmental Funds Statement 3 38 Statement of Revenues, Expenditures and Changes in Fund Balance - Governmental Funds Statement 4 40 Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balances of Governmental Funds to the Statement of Activities Statement 5 43 Statement of Net Position - Proprietary Funds Statement 6 44 Statement of Revenues, Expenses and Changes in Fund Net Position - Proprietary Funds Statement 7 46 Statement of Cash Flows - Proprietary Funds Statement 8 48 Notes to Financial Statements 53 Required Supplementary Information: Budgetary Comparison Schedule - General Fund Statement 9 92 Schedule of Funding Progress - Post Employment Benefit Plan Statement 10 96 Note to RSI 97 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 4 CITY OF ST. LOUIS PARK, MINNESOTA TABLE OF CONTENTS Page Reference No. Combining and Individual Fund Statements and Schedules: Combining Balance Sheet - Nonmajor Governmental Funds Statement 11 102 Combining Statement of Revenues, Expenditures and Changes in Fund Balance - Nonmajor Governmental Funds Statement 12 103 Special Revenue Funds: Combining Balance Sheet - Nonmajor Special Revenue Funds Statement 13 106 Combining Statement of Revenues, Expenditures and Changes in Fund Balance - Nonmajor Special Revenue Funds Statement 14 107 Capital Projects Funds: Combining Balance Sheet - Nonmajor Capital Projects Funds Statement 15 110 Combining Statement of Revenues, Expenditures and Changes in Fund Balance - Nonmajor Capital Projects Funds Statement 16 111 Debt Service Funds: Combining Balance Sheet - Major Debt Service Funds Statement 17 114 Combining Statement of Revenues, Expenditures and Changes in Fund Balance - Major Debt Service Funds Statement 18 117 Redevelopment District Funds: Combining Balance Sheet - Major Redevelopment District Funds Statement 19 123 Combining Statement of Revenues, Expenditures and Changes in Fund Balance - Major Redevelopment District Funds Statement 20 127 Internal Service Funds: Combining Statement of Net Position Statement 21 132 Combining Statement of Revenues, Expenditures and Changes in Fund Net Position Statement 22 134 Combining Statement of Cash Flows Statement 23 136 General Fund: Balance Sheet Statement 24 140 Summary Financial Report: Schedule of Revenues and Expenditures for General Operations - Governmental Funds Statement 25 141 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 5 CITY OF ST. LOUIS PARK, MINNESOTA TABLE OF CONTENTS Page Reference No. III. STATISTICAL SECTION (UNAUDITED) Financial Trends: Net Position by Component Table 1 144 Changes in Net Position Table 2 146 Governmental Activities Tax Revenues by Source Table 3 151 Fund Balances of Governmental Funds Table 4 152 Changes in Fund Balances - Governmental Funds Table 5 154 Revenue Capacity: Assessed Value/Tax Capacity Value and Estimated Market Values of all Taxable Property Table 6 156 Property Tax Rates - Direct and Overlapping Governments Table 7 158 Principal Property Taxpayers Table 8 159 Property Tax Levies and Collections Table 9 160 Debt Capacity: Ratios of Outstanding Debt By Type Table 10 161 Ratios of General Bonded Debt Outstanding Table 11 162 Direct and Overlapping Governmental Activities Debt Table 12 163 Legal Debt Margin Information Table 13 164 Pledged Revenue Bond Coverage Table 14 166 Demographic and Economic Information: Demographic Statistics Table 15 167 Principal Employers Table 16 168 Operating Information: Full-Time Equivalent Employees by Function Table 17 169 Operating Indicators by Function Table 18 170 Capital Asset Statistics by Function Table 19 171 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 6 - This page intentionally left blank - Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 7 I. INTRODUCTORY SECTION 1 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 8 - This page intentionally left blank - 2 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 9 5005 Minnetonka Blvd., St. Louis Park, MN 55416 (952) 924-2500 www.stlouispark.org May 26, 2015 Honorable Mayor and Members of the City Council City of St. Louis Park, Minnesota Minnesota statutes require all cities to issue an annual report on its financial position and activity prepared in accordance with generally accepted accounting principles (GAAP), and audited in accordance with generally accepted auditing standards by a firm of licensed certified public accountants, or the Office of the State Auditor. Pursuant to that requirement, we hereby issue the comprehensive annual financial report of the City of St. Louis Park for the fiscal year ended December 31, 2014. This report consists of management’s representations concerning the finances of the City of St. Louis Park. Consequently, management assumes full responsibility for the completeness and reliability of all of the information presented in this report. To provide a reasonable basis for making these representations, management of the City of St. Louis Park established a comprehensive internal control framework that is designed both to protect the government’s assets from loss, theft, or misuse and to compile sufficient reliable information for the preparation for the City of St. Louis Park’s financial statements in conformity with GAAP. Because the cost of internal controls should not outweigh their benefits, the City of St. Louis Park’s comprehensive framework of internal controls has been designed to provide reasonable rather than absolute assurance that the financial statements will be free from material misstatement. As management, we assert that, to the best of our knowledge and belief, this financial report is complete and reliable in all material respects. The City of St. Louis Park’s financial statements have been audited by Redpath and Company, a firm of licensed certified public accountants. The goal of the independent audit was to provide reasonable assurance that the financial statements of the City of St. Louis Park for the fiscal year ended December 31, 2014, are free of any material misstatement. The independent audit involved examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements; assessing the accounting principles used and significant estimates made by management; and evaluating the overall financial statement presentation. The independent auditor concluded, based upon the audit, that there was a reasonable basis for rendering an unqualified opinion that the City of St. Louis Park’s financial statements for the fiscal year ended December 31, 2014, are fairly presented in conformity with GAAP. The independent auditor’s report is presented as the first component of the financial section of this report. 3 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 10 Management’s Discussion and Analysis (MD&A) immediately follows the independent auditor’s report and provides a narrative introduction, overview, and analysis of the basic financial statements. This letter of transmittal is designed to complement the MD&A and should be read in conjunction with it. Profile of the Government The City of St. Louis Park, established in 1886, is a first ring suburb located immediately west of Minneapolis. Thanks to its convenient location, St. Louis Park combines all the cultural amenities of a large metropolitan area with small town friendliness. The City of St. Louis Park currently occupies a land area of 10.8 square miles and serves a population of 47,411. The City of St. Louis Park is empowered to levy a property tax on both real and personal properties located within its boundaries. While it also is empowered by state statutes to extend its corporate limits by annexation, St. Louis Park is a completely developed community and is bordered on all sides by other incorporated communities. St. Louis Park operates under the council/manager form of government. Policy-making and legislative authority are vested in a City Council consisting of a mayor, two at-large council members, and four ward council members. The City Council is responsible, among other things, for passing ordinances, adopting the budget, appointing committees, and hiring the City Manager. The City Manager is responsible for carrying out the policies and ordinances of the council, for overseeing the day-to-day operations of the City government, and for appointing the heads of the various departments. The council is elected on a non-partisan basis. Council members serve four-year staggered terms. The City of St. Louis Park provides a full range of services, including police and fire protection; redevelopment, the construction and maintenance of highways, streets, and other infrastructure; water, sewer, storm water, and refuse services, as well as recreational activities and cultural events. The annual budget serves as the foundation for the City of St. Louis Park’s financial planning and control. All departments and agencies of the City of St. Louis Park submit requests for appropriation to the City Manager in July of each year. The City Manager uses these requests as the starting point for developing a proposed budget. The City Manager then presents this proposed budget to the council for review prior to adoption of a preliminary tax levy by September 30. The council is required to hold a public hearing on the proposed budget and to adopt a final budget no later than December 28. The appropriated budget is prepared by fund, (e.g. General), function (e.g., public safety), and department (e.g., police). Department directors may make transfers of appropriation within a department, but not between personnel and non-personnel categories. Transfers of appropriations between funds, however, require the approval of the City Council. Budget to actual comparisons are provided in this report for the general fund for which an appropriated annual budget has been adopted. These comparisons are presented starting on page 92 as part of the basic financial statements for the governmental funds. 4 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 11 Factors Affecting Financial Condition The information presented in the financial statements is perhaps best understood when it is considered from the broader perspective of the specific environment within which the City of St. Louis Park operates. Local economy The City of St. Louis Park currently enjoys a durable economic environment and local indicators point to continued stability versus other communities in the Twin City Metro Area. The City of St. Louis Park has a well-diversified tax base, with a sizeable full valuation that includes retail, manufacturing, and health care components, as well as diverse housing stock. Redevelopment efforts and relatively stable values on existing properties have resulted in nominal value changes of less than 10% over the past five years. This equates to superior performance versus the majority of communities in the metro area. The City, due to its location and strong commitment to housing maintenance, has experienced smaller declines in housing prices and lower rates of foreclosure than many other communities in the Twin Cities metropolitan area. The City of St. Louis Park continues to have lower unemployment than the state and national averages. Redevelopment The City of St. Louis Park is committed to evaluating, preserving, and improving the housing stock available within the community. It is important that a wide variety of housing alternatives be available within the community. Redevelopment projects over the past ten years have provided a mix of apartment, co-op, condominium, town-home, and single family units. Many of these housing developments contain a commercial component including both retail and services to support the new housing and create more livable neighborhoods. The City has used its tax increment financing authority in many of these projects in order to meet specific community and economic development objectives. Some of the larger projects include: The West End – Consists of 40 acres strategically located at the southwest corner of I- 394 & Highway 100. The first phase of the $400 million project includes a 350,000 square foot lifestyle retail center and approximately 30,000 square feet of office space. The Shops at West End includes fashion boutiques, a wide variety of restaurants, a 14 screen movie theater, and a grocery store. Individual tenants continue to build out their individual storefronts and finish the store interiors. Currently the retail portion it is 93% leased. The office space is 100% leased. Recently opened is a 119-unit upscale apartment building called The Flats at West End. Another stylish apartment building will soon be coming to The West End called Millennium at West End Apartments. The new 158 unit, market rate apartment building will be six stories with two levels of underground structured parking. Amenities include an outdoor park with landscaping, sidewalks, seating areas, dog walk area and raised vegetable garden beds. Additional amenities include terraces with a water feature, gas grill, fire pit, and seating. Construction is currently underway and expected to be completed by summer 2015. 5 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 12 Five more buildings are also proposed for construction at The West End. Plans include two 6-story multiple-family residential buildings, a 6-story limited service hotel, two 11- story office buildings, a 2,534-stall parking ramp, and a central gathering space. At full build-out, the multi-phase development proposes 363 residential units with eleven affordable units, 150- hotel rooms, and 706,706 square feet of office space. This project is currently going through final stages with the City Council for approval. Westside Center – A developer purchased the former manufacturing plant and is renovating the 256,000 square foot facility into flexible, multi-tenant industrial spaces. The building is nearly fully leased and tenants are currently building out their spaces and will be completed in spring of 2015. Knollwood Mall – This is a major renovation of the existing Knollwood Mall. The renovation includes removing the interior mall and replacing it with approximately five junior box retailers which would be accessed from the outside. A three-tenant building is also being built in a former parking lot. In addition, a portion of the parking lot will be redesigned to improve traffic and pedestrian flow along with storm water, lighting, and landscaping improvements. Construction began in the spring of 2014 and is expected be completed in the spring of 2015. Wooddale Flats - This development proposal was approved for a former church site. It features six townhome-style buildings with 34 units and surface parking. Five of the buildings are proposed to be 3 stories and one building 2 stories. The first building is nearing occupancy and three others are in various stages of construction. Eliot Park – This new market-rate apartment complex is under construction consisting of two new apartment buildings with a total of 138 units, plus two new single family lots. The development provides underground parking for residents and 20 stalls of surface parking for guests along a private driveway between the two buildings. Japs-Olson - This major commercial printer and direct mail company has significant expansion plans for its facility and plans to add 192,000 square feet of production and warehouse space to its roughly 513,000 square foot building which is expected to result in approximately 150 new jobs. This project is currently going through City Council approvals and is expected to be approved in the spring or early summer of 2015. Redevelopment interest continues to remain strong in St. Louis Park and other proposals and inquiries are being considered for multi-family and mixed use projects. The City also sponsors a comprehensive rehabilitation loan program available to single family and multi-family homeowners. The first programs were started in the mid 1970’s and have evolved into a comprehensive set of programs to ensure the preservation and enhancement of the City’s housing stock. Finally, the City has a Convention and Visitors Bureau, which markets the desirability of St. Louis Park for both business and recreational opportunities. This continues to be a very strong partner with the City of St. Louis Park which has brought increased business and activities to the City. 6 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 13 Long-term Financial Planning The City maintains a 10 year Long Range Financial Management Plan that incorporates anticipated revenues, expenditures, capital outlay, and tax impacts for all relevant funds. The plan anticipates opportunities or challenges, allows for changes to then be made, with the goal of achieving long-term sustainability. The plan is used in conjunction with the annual budget process and Capital Improvement Plan, which then allows the City Council to evaluate various budget decisions prior to adoption. This plan has proven its value by playing a significant role in maintaining the City’s AAA bond rating from Standard & Poor’s, which assists in keeping the costs of borrowing for the City of St. Louis Park at an extremely low rate. Awards The Government Finance Officers Association of the United States and Canada (GFOA) awarded a certificate of Achievement for Excellence in Financial Reporting to the City of St. Louis Park for its comprehensive annual financial report for the fiscal year ended December 31, 2013. This is the thirty-first consecutive year that the government received this prestigious award. In order to be awarded a certificate of Achievement, a government must publish an easily readable and efficiently organized comprehensive annual financial report. The report must satisfy both generally accepted accounting principles and applicable legal requirements. A Certificate of Achievement is valid for a period of one year only. We believe that our current comprehensive annual financial report continues to meet the Certificate of Achievement Program’s requirements. Once again, we are submitting the Comprehensive Annual Financial Report to GFOA to determine its eligibility for another certificate. Acknowledgements The preparation of this report would not have been possible without the efficient and dedicated services of the entire staff of the Accounting Department and other key City of St. Louis Park personnel. We would like to express our appreciation to all members of the organization who assisted and contributed to the preparation of the report. Credit also must be given to the Mayor and the City Council for their unfailing support for maintaining the highest standards of professionalism in the management of the City of St. Louis Park’s finances. Respectfully submitted, Thomas Harmening Brian A. Swanson City Manager Controller 7 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 14 - This page intentionally left blank - 8 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 15 9Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and ReviewPage 16 - This page intentionally left blank - 10 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 17 SERVICES CHART Citizens City Council City Manager Boards & Commissions  Board of Zoning Appeals  Human Rights  Planning  Police Advisory  Fire Civil Service  Parks & Recreation  Telecommunications Advisory  Environment & Sustainability ADMINISTRATIVE SERVICES Records General Admin Human Resources Payroll Org Development Elections City Clerk Accounting Assessing COMMUNITY DEVELOPMENT Planning/Zoning Economic Development Housing INFORMATION RESOURCES Cable Television Technology Services Support Services WEB Communications & Marketing INSPECTIONS Code Enforcement Building Housing Environmental Health Facility Maintenance Service Districts Licensing OPERATIONS & RECREATION Rec Ctr & Programs Nature Center Environmental Parks Fleet Utility Operations Streets/Traffic Refuse/Recycling Public Art POLICE Patrol Support Services Crime Prevention 911 Dispatch Animal Control Community Outreach & Neighborhoods ENGINEERING Engineering Projects Water Resources FIRE Fire Prevention Fire Suppression EMS/Rescue Emergency Preparedness Auditors Legal Charter Commission Economic Development Authority Housing Authority 11 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 18 OFFICIALS OF THE CITY OF ST. LOUIS PARK Council Jeff Jacobs Mayor EDA Commissioner Term Expires 1/2016 Steve Hallfin At-Large A Councilmember EDA Vice President Term Expires 1/2016 Jake Spano At-Large B Councilmember EDA Treasurer Term Expires 1/2016 Susan Sanger Ward 1 Councilmember EDA Commissioner Term Expires 1/2018 Anne Mavity Ward 2 Councilmember EDA President Term Expires 1/2018 Gregg Lindberg Ward 3 Councilmember EDA Commissioner Term Expires 1/2018 Tim Brausen Ward 4 Councilmember EDA Commissioner Term Expires 1/2018 Executive Staff Thomas Harmening, City Manager Nancy Deno, Deputy City Manager/Human Resources Director John Luse, Police Chief Steve Koering, Fire Chief Kevin Locke, Community Development Director Brian Hoffman, Inspections Director Brian Swanson, Controller Debra Heiser, Engineering Director Clint Pires, Chief Information Officer Cindy Walsh, Operations & Recreation Director 12 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 19 II. FINANCIAL SECTION 13 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 20 - This page intentionally left blank - 14 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 21 4810 White Bear Parkway, St. Paul, MN, 55110 651.426.7000 www.redpathcpas.com INDEPENDENT AUDITOR'S REPORT To the Honorable Mayor and Members of the City Council City of St. Louis Park, Minnesota Report on the Financial Statements We have audited the accompanying financial statements of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of the City of St. Louis Park, Minnesota, as of and for the year ended December 31, 2014, and the related notes to the financial statements, which collectively comprise the City of St. Louis Park, Minnesota’s basic financial statements as listed in the table of contents. Management’s Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error. Auditor’s Responsibility Our responsibility is to express opinions on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. 15 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 22 We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions. Opinions In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of the City of St. Louis Park, Minnesota, as of December 31, 2014, and the respective changes in financial position, and, where applicable, cash flows thereof for the year then ended in accordance with accounting principles generally accepted in the United States of America. Report on Summarized Comparative Information We have previously audited the City of St. Louis Park, Minnesota’s 2013 financial statements, and we expressed an unmodified audit opinion on the respective financial statements of the governmental activities and each major fund in our report dated May 22, 2014. In our opinion, the summarized comparative information presented herein as of and for the year ended December 31, 2013 is consistent, in all material respects, with the audited financial statements from which it has been derived. Other Matters Required Supplementary Information Accounting principles generally accepted in the United States of America require that the management’s discussion and analysis, the budgetary comparison information and the OPEB Schedule of Funding Progress, as listed in the table of contents, be presented to supplement the basic financial statements. Such information, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board, who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America, which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management’s responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance. 16 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 23 Other Information Our audit was conducted for the purpose of forming opinions on the financial statements that collectively comprise the City of St. Louis Park, Minnesota’s basic financial statements. The introductory section, combining and individual fund financial statements and schedules, supplementary financial information, and statistical section, are presented for purposes of additional analysis and are not a required part of the basic financial statements. The combining and individual fund financial statements are the responsibility of management and were derived from and relate directly to the underlying accounting and other records used to prepare the basic financial statements. Such information has been subjected to the auditing procedures applied in the audit of the basic financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the basic financial statements or to the basic financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the combining and individual nonmajor fund financial statements and schedules and supplementary financial information, are fairly stated in all material respects in relation to the basic financial statements as a whole. The introductory and statistical sections have not been subjected to the auditing procedures applied in the audit of the basic financial statements and, accordingly, we do not express an opinion or provide any assurance on them. Other Reporting Required by Government Auditing Standards In accordance with Government Auditing Standards, we have also issued our report dated May 26, 2015, on our consideration of the City of St. Louis Park, Minnesota’s internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements and other matters. The purpose of that report is to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the City of St. Louis Park, Minnesota’s internal control over financial reporting and compliance. REDPATH AND COMPANY, LTD. St. Paul, Minnesota May 26, 2015 17 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 24 - This page intentionally left blank - 18 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 25 City of St. Louis Park Management’s Discussion and Analysis As management of the City of St. Louis Park, we offer readers of the City of St. Louis Park’s financial statements this narrative overview and analysis of the financial activities of the City of St. Louis Park for the fiscal year ended December 31, 2014. We encourage readers to consider the information presented here in conjunction with additional information that we have furnished in our letter of transmittal, which starts on page 3 of this report. Financial Highlights  The assets of the City of St. Louis Park exceeded its liabilities at the close of the most recent fiscal year by $183,437,476 (net position). Of this amount, $54,755,474 (unrestricted net position) may be used to meet the government’s ongoing obligations to citizens and creditors.  The government’s total net position decreased by $2,960,194.  As of the close of the current fiscal year, the City of St. Louis Park’s governmental funds reported combined ending fund balances of $59,192,035. Approximately 87 percent of this amount, $51,672,040 is available for use within the City’s constraints and policies.  At the end of the current fiscal year, unassigned fund balance for the General fund was $14,576,348 (45 percent) of the total subsequent year budgeted General fund expenditures.  The City of St. Louis Park’s total bonded debt increased by $7,015,000 (18.5 percent) during the current fiscal year. Principal paid during the year was $2,985,000. Overview of the Financial Statements The discussion and analysis are intended to serve as an introduction to the City of St. Louis Park’s basic financial statements. The City of St. Louis Park’s basic financial statements are comprised of three components: 1) government-wide financial statements, 2) fund financial statements, and 3) notes to the financial statements. This report also contains other supplementary information in addition to the basic financial statements. 19 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 26 City of St. Louis Park Management’s Discussion and Analysis Figure A-1 shows how the various parts of this annual report are arranged and related to one another. Figure A-1 Annual Report Format Government-wide financial statements – The government-wide financial statements are designed to provide readers with a broad overview of the City of St. Louis Park’s finances in a manner similar to a private-sector business. The statement of net position presents information on all of the City of St. Louis Park’s assets and liabilities, with the difference between the two reported as net position. Over time, increases or decreases in net position may serve as a useful indicator of whether the financial position of the City of St. Louis Park is improving or deteriorating. The statement of activities presents information showing how the government’s net position changed during the most recent fiscal year. All changes in net position are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of related cash flows. Thus, revenues and expenses are reported in the statement for some items that will only result in cash flows in future fiscal periods (e.g., uncollected taxes and earned but unused vacation leave). Both of the government-wide financial statements distinguish functions of the City of St. Louis Park that are principally supported by taxes and intergovernmental revenues (governmental activities) from other functions that are intended to recover all or a significant portion of their costs through user fees and charges (business-type activities). The governmental activities of the City of St. Louis Park include general government, public safety, public works, public information, culture and recreation, housing and rehabilitation, housing maintenance, social and economic development, general services, and interest on long-term debt. The business-type activities of the City of St. Louis Park include sanitary sewer, solid waste, storm water, and water operations. 20 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 27 City of St. Louis Park Management’s Discussion and Analysis The government-wide financial statements start on page 35 of this report. Fund financial statements – A fund is a grouping of related accounts that is used to maintain control over resources that have been segregated for specific activities or objectives. The City of St. Louis Park, like other state and local governments, uses fund accounting to ensure and demonstrate compliance with finance-related legal requirements. All of the funds of the City of St. Louis Park can be divided into two categories: governmental funds and proprietary funds. Governmental funds – Governmental funds are used to account for essentially the same functions reported as governmental activities in the government-wide financial statements. However, unlike the government- wide financial statements, governmental fund financial statements focus on near-term inflows and outflows of spendable resources, as well as on balances of spendable resources available at the end of the fiscal year. Such information may be useful in evaluating a government’s near-term financing requirements. Because the focus of governmental funds is narrower than that of the government-wide financial statements, it is useful to compare the information presented for governmental funds with similar information presented for governmental activities in the government-wide financial statements. By doing so, readers may better understand the long-term impact of the government’s near-term financing decisions. Both the governmental fund balance sheet and the governmental fund statement of revenues, expenditures, and changes in fund balances provide a reconciliation to facilitate this comparison between governmental funds and governmental activities. The City of St. Louis Park maintains ten individual major governmental funds. Information is presented separately in the governmental fund balance sheet and the governmental fund statement of revenues, expenditures, and changes in fund balances for the General fund, two special revenue fund, debt service, and six capital project funds, all of which are considered to be major funds. Data from the other six governmental funds are combined into a single, aggregated presentation. Individual fund data for each of these non-major governmental funds is provided in the form of combining statements elsewhere in this report. The City of St. Louis Park adopts annual appropriated budgets for the General Fund. Budgetary comparison statements are provided for the General Fund to demonstrate compliance with this budget. The basic governmental fund financial statements start on page 38 of this report. Proprietary funds – The City of St. Louis Park maintains two different types of proprietary funds. Enterprise funds are used to report the same functions presented as business-type activities in the government-wide financial statements. The City of St. Louis Park uses enterprise funds to account for its sanitary sewer, solid waste, storm water, and water operations. Proprietary funds provide the same type of information as the government-wide financial statements, only in more detail. The proprietary fund financial statements provide separate information for the sanitary sewer, solid waste, storm water, and water operations, all of which are considered to be major funds of the City of St. Louis Park. 21 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 28 City of St. Louis Park Management’s Discussion and Analysis Internal service funds – These funds are an accounting device used to accumulate and allocate costs internally among the City of St. Louis Park’s various functions. The City of St. Louis Park uses internal service funds to account for maintaining its fleet of vehicles, management information systems, replacement of City equipment, employee administration, compensated absences, and uninsured losses. Because all of these services predominately benefit governmental rather than business-type functions, they have been included within governmental activities in the governmental-wide financial statements. All internal service funds are combined into a single, aggregated presentation in the proprietary fund financial statements. Individual fund data for the internal service funds is provided in the form of combining statements elsewhere in this report. The basic proprietary fund financial statements starts on page 44 of this report. Notes to the financial statements – The notes provide additional information that is essential to a full understanding of the data provided in the government-wide and fund financial statements. The notes to the financial statements start on page 53 of this report. Other information – The combining statements referred to earlier, in connection with non-major governmental funds and internal service funds, are presented immediately following the required supplementary information. Combining and individual fund statements and schedules start on page 102 of this report. Other reports – Additional information related to the General Fund starts on page 140 of this report. Government-wide Financial Analysis As noted earlier, net position may serve over time as a useful indicator of a government’s financial position. In the case of the City of St. Louis Park, assets exceeded liabilities by $183,437,476 at the close of the most recent fiscal year. A portion of the City of St. Louis Park’s net position (64 percent) reflects its investment in capital assets (e.g., land, buildings, machinery, and equipment); less any related debt used to acquire those assets that is still outstanding. The City of St. Louis Park uses these capital assets to provide services to citizens; consequently, these assets are not available for future spending. Although the City of St. Louis Park’s investment in its capital assets is reported net of related debt, it should be noted that the resources needed to repay this debt must be provided from other sources, since the capital assets themselves cannot be used to liquidate these liabilities. 22 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 29 City of St. Louis Park Management’s Discussion and Analysis City of St. Louis Park’s Net Position Increase Increase 2014 2013 (Decrease)2014 2013 (Decrease) Assets Current and other assets $82,556,240 $76,067,314 $6,488,926 $15,286,463 $13,068,134 $2,218,329 Capital assets 115,524,209 116,537,109 (1,012,900) 30,544,885 31,947,331 (1,402,446) Total assets 198,080,449 192,604,423 5,476,026 45,831,348 45,015,465 815,883 Liabilities Other liabilities 12,370,111 11,017,246 1,352,865 4,417,951 2,387,378 2,030,573 Noncurrent liabilities 29,874,940 25,857,119 4,017,821 13,811,319 11,960,475 1,850,844 Total liabilities 42,245,051 36,874,365 5,370,686 18,229,270 14,347,853 3,881,417 Net position Net investment in capital assets 94,891,625 96,480,493 (1,588,868) 22,818,382 23,297,309 (478,927) Restricted 10,971,995 13,560,965 (2,588,970) - - - Unrestricted 49,971,778 45,688,600 4,283,178 4,783,696 7,370,303 (2,586,607) Total net position $155,835,398 $155,730,058 $105,340 $27,602,078 $30,667,612 ($3,065,534) Governmental Activities Business-type Activities The balance of unrestricted net position ($54,755,474) may be used to meet the government’s ongoing obligations to citizens and creditors. Governmental activities – Governmental activities increased the City of St. Louis Park’s net position by $105,340. This increase is due to a significant receivable from the Minnesota Department of Transportation. Business-Type activities – Business-type activities decreased the City of St. Louis Parks’ net position by ($3,065,534). This decrease is primarily due to a planned spend down of resources for projects within the City. 23 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 30 City of St. Louis Park Management’s Discussion and Analysis The following table indicates the changes in net position for the City’s governmental and business-type activities: City of St. Louis Park’s Changes in Net Position Increase Increase 2014 2013 (Decrease) 2014 2013 (Decrease) Revenues Program revenues Charges for services $7,259,493 $6,429,434 $830,059 $16,455,375 $15,826,482 $628,893 Operating grants and contributions 2,024,171 2,709,644 (685,473) 127,742 135,642 (7,900) Capital grants and contributions 12,066,132 11,881,109 185,023 - - - General revenues Property taxes and TIF 34,779,152 33,610,905 1,168,247 - - - Franchise fees 2,268,213 2,211,569 56,644 - - - State grants and contributions not restricted to specific programs 504,035 45,266 458,769 - - - Unrestricted investment earnings 407,753 138,899 268,854 78,003 (3,348) 81,351 Gain on disposal of capital assets 464,629 69,237 395,392 - - - Miscellaneous 2,609,539 2,199,629 409,910 - - - Total revenues 62,383,117 59,295,692 3,087,425 16,661,120 15,958,776 702,344 Expenses General government 9,161,922 10,085,905 (923,983) - - - Public safety 13,954,604 13,365,297 589,307 - - - Public information 507,928 466,043 41,885 - - - Operations and recreation 13,318,552 13,487,238 (168,686) - - - Engineering 21,045,392 16,046,665 4,998,727 - - - Housing and rehabilitation 909,051 1,774,657 (865,606) - - - Housing maintenance 130,534 141,250 (10,716) - - - Social and economic development 8,058,914 9,040,280 (981,366) - - - Interest on long-term debt 1,185,975 1,295,298 (109,323) - - - Water utility - - - 4,609,579 5,747,116 (1,137,537) Sewer utility - - - 4,885,748 5,272,646 (386,898) Solid waste utility - - - 2,813,587 3,614,118 (800,531) Storm water utility - - - 1,422,645 1,390,235 32,410 Total expenses 68,272,872 65,702,633 2,570,239 13,731,559 16,024,115 (2,292,556) Increase (decrease) in net position before transfers (5,889,755) (6,406,941) 517,186 2,929,561 (65,339) 2,994,900 Transfers 5,995,095 1,761,927 4,233,168 (5,995,095)(1,761,927)(4,233,168) Change in net position 105,340 (4,645,014)4,750,354 (3,065,534)(1,827,266)(1,238,268) Net position, January 1 155,730,058 160,375,072 (4,645,014) 30,667,612 32,494,878 (1,827,266) Net position, December 31 $155,835,398 $155,730,058 $105,340 $27,602,078 $30,667,612 ($3,065,534) Governmental Activities Business-type Activities 24 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 31 City of St. Louis Park Management’s Discussion and Analysis Governmental Activities Revenues - The following chart illustrates the City’s revenue by source for its governmental activities: Revenues by Source - Governmental Activities Expenses - The following chart illustrates the City’s expenses and program revenues for its governmental activities: Expenses and Program Revenues - Governmental Activities $0 $5,000,000 $10,000,000 $15,000,000 $20,000,000 $25,000,000 Expenses Program revenues 25 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 32 City of St. Louis Park Management’s Discussion and Analysis Business-type activities - Business-type activities net position decreased in 2014. Below are the graphs showing the business-type activities revenue and expense comparisons. Revenue Sources - Business-type Activities Expense and Program Revenues - Business-type Activities $0 $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 $7,000,000 Water Sewer Solid waste Storm water Expenses Program revenues 26 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 33 City of St. Louis Park Management’s Discussion and Analysis Financial Analysis of the Government’s Funds As noted earlier, the City of St. Louis Park uses fund accounting to ensure and demonstrate compliance with finance-related legal requirements. Governmental funds – The focus of the City of St. Louis Park’s governmental funds is to provide information on near-term inflows, outflows, and balances of spendable resources. Such information is useful in assessing the City of St. Louis Park’s financing requirements. In particular, unassigned fund balance may serve as a useful measure of a government’s net resources available for spending at the end of the fiscal year. As of the end of the current fiscal year, the City of St. Louis Park’s governmental funds reported combined ending fund balances of $59,192,035, an increase of $1,372,605 in comparison with the prior year. Committed, assigned, and unassigned fund balance, which is available for spending at the government’s discretion, has a balance of $41,969,456 at year end. The remainder of fund balance is nonspendable or restricted to indicate that it is not available for new spending because it has already been obligated 1) to pay debt service ($1,882,726), 2) to pay for capital improvements and future expenditures ($3,799,248), 3) for loans outstanding ($4,865,306), 4) for inventory and prepaid ($397,873), 5 ) for land held for resale ($2,256,816) 6) for tax increment purposes ($3,528,387) and 7) for E-911 funds ($492,223) and other restrictions. General Fund – the General fund is the chief operating fund of the City of St. Louis Park. At the end of the current fiscal year, unassigned fund balance of the General fund was $14,576,348 while total fund balance reached $16,162,737. As a measure of the General fund’s liquidity, it may be useful to compare both unassigned fund balance and total fund balance to total fund expenditures. Unassigned fund balance represents 45 percent of the total subsequent year General fund expenditures, while total fund balance represents 50 percent of that same amount. The City’s General Fund balance increased $373,971 during the current fiscal year. A portion of this increase pertains to higher than anticipated license and permit revenue of $722,165. This is primarily related to increased license and permit revenues from more robust construction within the City. Also, intergovernmental revenue was $116,695 over budget which pertains to higher than anticipated highway user tax, and police and fire revenues. Miscellaneous revenue was also over budget by $133,594, which is related to increased revenues for health initiatives in the City. Operating expenditures were approximately $361,467 under budget for fiscal year 2014 also. Finally, a transfer out to the Capital Replacement Fund for $1,050,000 was completed in 2014. Housing Rehabilitation – the increase of $663,015 in fund balance is due to transfers in of $337,039, proceeds from the sale of excess land of $242,566, and increased special assessment payments. Debt Service Funds – Fund balance in the debt service funds decreased ($526,917) primarily due to the retirement of debt. Permanent Improvement Revolving Fund – The decrease in fund balance of ($682,363) is due to transfers out to other funds for capital project funding. 27 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 34 City of St. Louis Park Management’s Discussion and Analysis Street Capital Projects Fund – Fund balance increased by $5,259,916 which is attributed to a significant receivable from the Minnesota Department of Transportation. Development Fund – Fund balance decreased by ($342,535). This decrease is attributable primarily to interfund loans and increased expenditures for potential projects. Sidewalks and Trails Fund – Fund balance increased by $3,064,878, which is attributable to bond proceeds for debt issued at year end. Redevelopment District Funds – The Redevelopment District funds are comprised of all tax increment districts in the City. The decrease in fund balance of ($5,646,838) is due to transfers out to other funds during the year. Proprietary funds – The City of St. Louis Park’s proprietary funds provide the same type of information found in the government-wide financial statements, but in more detail. At the end of the year, unrestricted net position of the Water Utility, Sewer Utility, Storm Water Utility and Solid Waste funds amounted to $6,179,066. Total net position decreased by ($2,749,154). This decrease was primarily a result of a decrease in revenues due to seasonality in charges for services fees and more aggressive infrastructure replacement. Capital Asset and Debt Administration Capital assets The City of St. Louis Park’s investment in capital assets for its governmental and business type activities as of December 31, 2014 was $146,069,094 (net of accumulated depreciation). This investment in capital assets includes land, buildings and system improvements, machinery and equipment, park facilities, roads, highways, and bridges. The total decrease in the City of St. Louis Park’s investment in capital assets for the current fiscal year was 1.63 percent. Major capital asset events during the current fiscal year included the following:  Improvements to roadways and street lighting including a major interchange project in progress.  Improvements to water system.  Improvements to sewer system.  Improvements to park infrastructure and aesthetic aspects of the parks. For the year ending December 31, 2014, the City has elected to use the modified approach as defined in GASB Statement No. 34 for infrastructure reporting for its Pavement Management Program, which includes streets. Under GASB Statement No. 34, eligible infrastructure capital assets are not required to be depreciated under the following requirements: 1) The City manages the eligible infrastructure capital assets using an asset management system with characteristics of (a) an up to-date inventory; (b) perform condition 28 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 35 City of St. Louis Park Management’s Discussion and Analysis assessments and summarize the results using a measurement scale; and (c) estimate annual amount to maintain and preserve at the established condition assessment level. 2) The City documents that the eligible infrastructure capital assets are being preserved approximately at or above the established and disclosed condition assessment level. The City’s policy is to achieve an average rating of good (70) for all streets. In the fall of 2014, the City conducted a physical condition assessment of five of the eight areas of the City. In 2015, the remaining areas will be assessed, providing a new overall condition rating. Going forward, four areas will be assessed every other year. The City increased the number of areas assessed each year in an effort to get more comparative data and more thoroughly analyze the street infrastructure system. As of the last complete assessment 2012, the City’s street system was rated at an Overall Condition Index (OCI) of 70, which matches the City’s policy level. The City’s streets are constantly deteriorating resulting from the following factors: (1) traffic using the system; (2) the sun’s ultra-violet rays drying out and breaking down the top layer of pavement; (3) utility company/private development trenching operations; (4) water damage from natural precipitation; and (5) frost heave. The City is continuously taking actions to prolong the life of the system through short-term maintenance activities such as pothole patching, crack sealing, seal coating and overlaying. The City expended $1,973,160 on street maintenance for the year ending December 31, 2014. The physical condition assessment completed in 2012 was the first assessment that reported on the entire system. The City has estimated that the amount of annual expenditures required maintaining the City’s street system at the average OCI rating of good is approximately $2,300,000. The annual expenditures will vary from year to year, depending on the area of the City being targeted that year. The estimate for the year ending December 31, 2014 was $2,250,000, which is only slightly higher than the actual expenditures for the year. City of St. Louis Park’s Capital Assets (net of accumulated depreciation) Increase Increase 2014 2013 (Decrease) 2014 2013 (Decrease) Land $15,882,665 $15,018,866 $863,799 $174,844 $174,844 $ - Permanent easments 1,429,976 2,293,776 (863,800) - - - Buildings and structures 35,643,131 36,722,517 (1,079,386)1,061,524 1,189,303 (127,779) Improvements other than buildings 10,313,213 11,154,090 (840,877) 4,420,018 4,709,298 (289,280) Machinery and equipment 4,043,164 4,036,774 6,390 2,978,996 3,314,702 (335,706) Fleet 4,118,131 3,240,163 877,968 - - - Infrastructure - Streets 26,011,544 26,011,544 - - - - Infrastructure - Other 15,921,567 17,068,105 (1,146,538) 21,907,625 22,557,306 (649,681) Construction in progress 2,160,818 991,274 1,169,544 1,878 1,878 - Total $115,524,209 $116,537,109 ($1,012,900)$30,544,885 $31,947,331 ($1,402,446) Governmental Activities Business-type Activities Additional information on the City of St. Louis Park’s capital assets can be found in Note 5 on pages 70-71 of this report. 29 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 36 City of St. Louis Park Management’s Discussion and Analysis Debt administration At the end of the current fiscal year, the City of St. Louis Park had total bonded debt outstanding of $44,855,000. Of this amount, $23,625,000 comprises debt issued for improvement and capital projects and will be repaid by ad valorem tax levies. In addition, $4,530,000 is general obligation tax increment debt which financed redevelopment projects and will be repaid from the tax increments resulting from increased tax capacity of the redevelopment properties. The remaining $16,700,000 of the City of St. Louis Park’s bonded debt represents general obligation revenue bonds to be repaid by the Water fund, Sewer fund, and Storm Water Utility fund user charges. Furthermore, the City has long-term debt of $33,075 for a capital lease payable, $3,852,051 for compensated absences and $2,274,367 for other post-employment benefits payable. City of St. Louis Park’s Outstanding Debt General Obligation Bonds, Revenue Bonds, and other Debt Increase Increase 2014 2013 (Decrease) 2014 2013 (Decrease) G.O. Revenue Bonds $ - $ - $ - $16,700,000 $12,785,000 $3,915,000 G.O. Tax Increment 4,530,000 4,870,000 (340,000) - - - G.O. Improvement 23,625,000 20,185,000 3,440,000 - - - Capital leases 33,075 - 33,075 - - - Compensated absences 3,702,453 3,556,949 145,504 149,606 146,549 3,057 Other postemployment benefits 2,144,438 1,833,419 311,019 129,929 111,488 18,441 Total $34,034,966 $30,445,368 $3,589,598 $16,979,535 $13,043,037 $3,936,498 Governmental Activities Business-type Activities Principal payments during 2014 totaled $2,985,000. The City of St. Louis Park maintains an “AAA” rating from Standard & Poor’s for general obligation debt. State statutes limit the amount of general obligation debt a governmental entity may issue to 3 percent of its total assessed valuation. The current debt limitation for the City of St. Louis Park is $136,619,132 which is significantly more than the City of St. Louis Park’s outstanding general obligation debt. Additional information on the City of St. Louis Park’s long-term debt can be found in Note 6 on pages 72 - 74 of this report. Economic Factors, Subsequent Year Budgets, Rates and Changes in Structure  User charges have been increased to account for various utility improvements scheduled for 2015 and beyond.  The overall tax levy for 2014 was increased 5.5 percent. All of these factors were considered in preparing the City of St. Louis Park’s budget for the 2015 fiscal year. 30 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 37 City of St. Louis Park Management’s Discussion and Analysis Requests for Information This financial report is designed to provide our citizens, customers, and creditors with a general overview of the City of St. Louis Park’s finances and to show the City’s accountability for the resources it is entrusted. Questions concerning any of the information provided in the report, or requests for additional financial information, contact the City of St. Louis Park Accounting Department at 5005 Minnetonka Boulevard, St. Louis Park, Minnesota, 55416, 952-924-2500, or Brian Swanson – Controller at bswanson@stlouispark.org. 31 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 38 - This page intentionally left blank - 32 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 39 BASIC FINANCIAL STATEMENTS 33 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 40 - This page intentionally left blank - 34 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 41 CITY OF ST. LOUIS PARK, MINNESOTA STATEMENT OF NET POSITION Statement 1 December 31, 2014 With Comparative Totals For December 31, 2013 Governmental Business-Type Activities Activities 2014 2013 Assets: Cash and investments $54,923,598 $8,369,260 $63,292,858 $58,670,758 Cash held in escrow - 4,047,239 4,047,239 4,082,882 Accrued interest receivable 104,314 14,694 119,008 190,377 Due from other governments 5,512,434 17,456 5,529,890 650,494 Accounts receivable 1,010,121 2,880,951 3,891,072 3,669,945 Taxes receivable 707,070 - 707,070 1,361,177 Prepaid items 211,946 326,838 538,784 468,368 Inventory 349,351 21,016 370,367 239,437 Deposits receivable 31,000 700 31,700 81,700 Internal balances 1,395,370 (1,395,370) - - Special assessments receivable 8,403,253 1,003,679 9,406,932 9,669,327 Loans receivable 7,651,567 - 7,651,567 7,794,167 Land held for resale 2,256,216 - 2,256,216 2,256,816 Capital assets (net of accumulated depreciation): Nondepreciable 45,485,003 176,722 45,661,725 44,492,182 Depreciable 70,039,206 30,368,163 100,407,369 103,992,258 Total assets 198,080,449 45,831,348 243,911,797 237,619,888 Liabilities: Accounts payable 1,800,347 495,184 2,295,531 2,166,371 Salaries payable 1,351,945 69,331 1,421,276 1,208,365 Due to other governments 112,301 68,491 180,792 186,763 Contracts payable 2,117,587 33,534 2,151,121 1,619,089 Accrued interest payable 419,986 134,746 554,732 581,653 Deposits payable 1,503,092 47,122 1,550,214 1,133,645 Unearned revenue 930,036 274,824 1,204,860 931,289 Capital lease payable: Due within one year 8,100 - 8,100 - Due in more than one year 24,975 - 24,975 - Compensated absences payable: Due within one year 2,591,717 104,719 2,696,436 2,592,449 Due in more than one year 1,110,736 44,887 1,155,623 1,111,049 Bonds payable (net of premiums and discounts): Due within one year 1,535,000 3,190,000 4,725,000 2,985,000 Due in more than one year 26,594,791 13,636,503 40,231,294 34,761,638 Other postemployment benefits: Due in more than one year 2,144,438 129,929 2,274,367 1,944,907 Total liabilities 42,245,051 18,229,270 60,474,321 51,222,218 Net position: Net investment in capital assets 94,891,625 22,818,382 117,710,007 119,777,802 Restricted for: Tax increment 3,528,387 - 3,528,387 3,048,433 E-911 purposes 492,223 - 492,223 498,922 Debt service 3,152,137 - 3,152,137 3,703,071 Cable TV equipment 618,334 - 618,334 630,933 Police and fire purposes 3,180,914 - 3,180,914 3,545,540 Housing redevelopment - - - 2,134,066 Unrestricted 49,971,778 4,783,696 54,755,474 53,058,903 Total net position $155,835,398 $27,602,078 $183,437,476 $186,397,670 Primary Government Totals The accompanying notes are an integral part of these financial statements. 35 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 42 CITY OF ST. LOUIS PARK, MINNESOTA STATEMENT OF ACTIVITIES For The Year Ended December 31, 2014 With Comparative Totals For The Year Ended December 31, 2013 Program Revenues Charges For Functions/Programs Expenses Services Primary government: Governmental activities: General government $9,161,922 $1,142,294 Public safety 13,954,604 3,477,244 Public information 507,928 - Operations and recreation 13,318,552 2,089,052 Engineering 21,045,392 318,873 Housing and rehabilitation 909,051 7,537 Housing maintenance 130,534 241 Social and economic development 8,058,914 224,252 Interest on long-term debt 1,185,975 - Total governmental activities 68,272,872 7,259,493 Business-type activities: Water 4,609,579 5,188,065 Sewer 4,885,748 5,841,377 Solid waste 2,813,587 3,179,732 Storm water 1,422,645 2,246,201 Total business-type activities 13,731,559 16,455,375 Total primary government $82,004,431 $23,714,868 The accompanying notes are an integral part of these financial statements. 36 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 43 Statement 2 Operating Capital Grants and Grants and Governmental Business-Type Contributions Contributions Activities Activities 2014 2013 $30,318 $ - ($7,989,310) $ - ($7,989,310) ($8,366,625) 733,640 322,109 (9,421,611) - (9,421,611) (9,430,988) - - (507,928) - (507,928)(466,043) 110,726 - (11,118,774) - (11,118,774) (11,052,910) 769,252 11,121,017 (8,836,250) - (8,836,250) (4,946,680) - 380,397 (521,117) - (521,117) (1,351,129) 78,359 44,828 (7,106) - (7,106)(21,173) 128,767 197,781 (7,508,114) - (7,508,114) (7,927,259) 173,109 - (1,012,866) - (1,012,866) (1,119,639) 2,024,171 12,066,132 (46,923,076)0 (46,923,076) (44,682,446) 25,758 - - 604,244 604,244 (676,023) - - - 955,629 955,629 549,439 101,984 - - 468,129 468,129 (600,087) - - - 823,556 823,556 664,680 127,742 0 0 2,851,558 2,851,558 (61,991) $2,151,913 $12,066,132 (46,923,076) 2,851,558 (44,071,518) (44,744,437) General revenues: Taxes: Property taxes 27,398,157 - 27,398,157 26,963,176 Tax increment 7,380,995 - 7,380,995 6,647,729 Franchise taxes 2,268,213 - 2,268,213 2,211,569 Grants and contributions not restricted to specific programs 504,035 - 504,035 45,266 Unrestricted investment earnings 407,753 78,003 485,756 135,551 Gain on disposal of capital assets 464,629 - 464,629 69,237 Miscellaneous 2,609,539 - 2,609,539 2,199,629 Transfers 5,995,095 (5,995,095) - - Total general revenues and transfers 47,028,416 (5,917,092) 41,111,324 38,272,157 Change in net position 105,340 (3,065,534) (2,960,194) (6,472,280) Net position - January 1 155,730,058 30,667,612 186,397,670 192,869,950 Net position - December 31 $155,835,398 $27,602,078 $183,437,476 $186,397,670 Totals Net (Expense) Revenue and Changes in Net Position Primary Government Program Revenues The accompanying notes are an integral part of these financial statements. 37 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 44 CITY OF ST. LOUIS PARK, MINNESOTA BALANCE SHEET GOVERNMENTAL FUNDS December 31, 2014 With Comparative Totals For December 31, 2013 Special Revenue Funds General Fund Housing Rehabilitation Debt Service Funds Assets Cash and investments $19,235,324 $187,819 $1,976,573 Accrued interest receivable 31,318 - 2,973 Due from other governments 308,195 - 86,384 Accounts receivable 211,229 229,244 - Taxes receivable - unremitted 15,620 - - Taxes receivable - delinquent 291,372 - - Prepaid items 48,552 - - Inventory 349,351 - - Deposits receivable - - - Due from other funds - - - Special assessments receivable - delinquent - 29,560 - Special assessments receivable - deferred - 7,192,695 - Interfund loan receivable - - - Loans receivable - current - 204,000 35,000 Loans receivable - noncurrent - 3,027,431 1,640,000 Land held for resale - - - Total assets $20,490,961 $10,870,749 $3,740,930 Liabilities, Deferred Inflows of Resources, and Fund Balances Liabilities: Accounts payable $572,847 $14,452 $ - Salaries payable 1,288,119 5,537 - Due to other governments 74,952 17 171 Contracts payable - 14,368 - Due to other funds - - - Interfund loan payable - 2,524,339 - Deposits payable 1,334,456 - 168,636 Unearned revenue 715,639 - 14,397 Total liabilities 3,986,013 2,558,713 183,204 Deferred inflows of resources: Unavailable revenue 342,211 7,216,435 1,675,000 Total deferred inflows of resources 342,211 7,216,435 1,675,000 Fund balance: Nonspendable 397,873 3,027,431 - Restricted 492,223 - 1,882,726 Committed - - - Assigned 696,293 - - Unassigned 14,576,348 (1,931,830) - Total fund balance 16,162,737 1,095,601 1,882,726 Total liabilities, deferred inflows of resources, and fund balance $20,490,961 $10,870,749 $3,740,930 Fund balance reported above Amounts reported for governmental activities in the statement of net assets are different because: Capital assets used in governmental activities are not financial resources, and therefore, are not reported in the funds Other long-term assets are not available to pay for current-period expenditures and, therefore, are reported as unavailable revenue in the funds: Receivables not available soon enough to pay for the current period's expenditures Long-term liabilities, including bonds payable, are not due and payable in the current period and therefore are not reported in the funds: Bonds payable and unamortized bond premium Accrued interest payable Internal service funds are used by management to charge the cost of certain services to individual funds. The assets and liabilities are included in the governmental statement of net assets Net position of governmental activities The accompanying notes are an integral part of these financial statements. 38 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 45 Statement 3 Permanent Improvement Revolving Streets Capital Projects Development EDA Sidewalks and Trails Redevelopment District Other Governmental Funds 2014 2013 $2,564,875 $1,005,458 $9,605,339 $3,368,214 $4,001,485 $9,529,865 $51,474,952 $51,219,849 6,118 - 25,154 2,315 9,825 21,848 99,551 164,498 - 4,837,569 219,737 - - 59,970 5,511,855 648,313 - - 3,430 - - 566,218 1,010,121 845,602 - - - - 36,872 - 52,492 1,194,836 - - - - 10,821 - 302,193 166,341 - - - - - - 48,552 52,248 - - - - - - 349,351 204,003 - - - - - - - 50,000 44,004 - - - - - 44,004 1,484,082 7,874 - 1,810 - - 2,507 41,751 64,572 970,599 - - - - 198,208 8,361,502 8,716,105 - - 10,533,799 - - - 10,533,799 6,699,495 - - 213,167 - - - 452,167 505,289 - - 1,412,310 - 693,494 426,165 7,199,400 7,288,878 - - 2,256,216 - - - 2,256,216 2,256,816 $3,593,470 $5,843,027 $24,270,962 $3,370,529 $4,752,497 $10,804,781 $87,737,906 $81,560,927 $4,628 $116,271 $342,019 $403,245 $9,886 $42,903 $1,506,251 $1,475,732 - - - - - 19,132 1,312,788 1,112,344 - - 7,677 77 24,568 1,041 108,503 87,667 - 2,020,445 - - - 78,969 2,113,782 1,330,986 - - - - - 44,004 44,004 540,093 - - - - 8,009,460 - 10,533,799 6,699,495 - - - - - - 1,503,092 1,127,745 - - - - - 200,000 930,036 675,092 4,628 2,136,716 349,696 403,322 8,043,914 386,049 18,052,255 13,049,154 976,720 - 328 - 61,309 221,613 10,493,616 10,692,343 976,720 0 328 0 61,309 221,613 10,493,616 10,692,343 - - 3,668,526 - - 426,165 7,519,995 14,145,568 - - - - 3,528,387 3,799,248 9,702,584 12,267,998 - - - - - 483,590 483,590 467,682 2,612,122 3,706,311 20,252,412 2,967,207 - 5,494,550 35,728,895 23,616,243 - - - - (6,881,113) (6,434) 5,756,971 7,321,939 2,612,122 3,706,311 23,920,938 2,967,207 (3,352,726) 10,197,119 59,192,035 57,819,430 $3,593,470 $5,843,027 $24,270,962 $3,370,529 $4,752,497 $10,804,781 $87,737,906 $81,560,927 $59,192,035 $57,819,430 98,255,608 99,233,237 10,493,616 10,692,343 (28,129,791) (24,926,616) (419,986) (431,679) 16,443,916 13,343,343 $155,835,398 $155,730,058 Total Governmental Funds Capital Projects Funds The accompanying notes are an integral part of these financial statements. 39 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 46 CITY OF ST. LOUIS PARK, MINNESOTA STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE GOVERNMENTAL FUNDS For The Year Ended December 31, 2014 With Comparative Totals For The Year Ended December 31, 2013 Special Revenue Funds General Fund Housing Rehabilitation Debt Service Funds Revenues: Property taxes $21,176,543 $ - $1,422,477 Tax increments - - - Franchise taxes - - - License and permits 3,413,683 - - Intergovernmental 1,399,472 - 173,109 Charges for services 2,989,968 7,537 - Fines and forfeits 369,546 - - Special assessments - 843,221 - Interest on investments 119,831 - 11,920 Miscellaneous 200,944 545,423 116,513 Total revenues 29,669,987 1,396,181 1,724,019 Expenditures: Current: General government 7,376,380 - - Public safety 13,095,766 - - Operations and recreation 9,370,516 - - Engineering 223,493 - - Public information - - - Housing and rehabilitation - 875,225 - Housing maintenance - - - Social economic development - - 453,591 Capital outlay: Public safety - - - Operations and recreation - - - Engineering - - - Public information - - - Social and economic development - - - Debt service: Principal - - 1,970,000 Interest and other - 99,185 1,038,915 Fiscal agent fees - - 2,040 Bond issuance costs - - - Total expenditures 30,066,155 974,410 3,464,546 Revenues over (under) expenditures (396,168)421,771 (1,740,527) Other financing sources (uses): Transfers in 1,827,564 337,039 1,327,137 Transfers out (1,057,425)(338,361)(227,039) Bonds issued - - 113,512 Premium on bonds - - - Proceeds from sale of capital assets - 242,566 - Total other financing sources (uses)770,139 241,244 1,213,610 Net change in fund balance 373,971 663,015 (526,917) Fund balance - January 1 15,788,766 432,586 2,409,643 Fund balance - December 31 $16,162,737 $1,095,601 $1,882,726 The accompanying notes are an integral part of these financial statements. 40 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 47 Statement 4 Permanent Improvement Revolving Streets Capital Projects Development EDA Sidewalks and Trails Redevelopment District Other Governmental Funds 2014 2013 $ - $ - $25,410 $ - $927,094 $810,000 $24,361,524 $25,658,762 - - - - 7,380,995 - 7,380,995 6,647,729 - - - - - 2,268,213 2,268,213 2,211,569 - - - - - - 3,413,683 3,069,090 - 11,119,582 348,504 - - 175,388 13,216,055 13,887,247 - 199,500 224,252 45,000 - 10,007 3,476,264 3,052,789 - - - - - - 369,546 311,882 219,321 - 1,621 - - 204,376 1,268,539 1,505,568 21,851 - 104,869 4,739 31,126 91,927 386,263 123,306 2,035 24,049 1,100,232 - - 588,104 2,577,300 2,216,820 243,207 11,343,131 1,804,888 49,739 8,339,215 4,148,015 58,718,382 58,684,762 - - - - - - 7,376,380 7,162,588 62,424 - - - - 81,539 13,239,729 12,435,341 - - - - - 1,130,273 10,500,789 10,083,541 - 20,416,165 - 120,973 - 202,752 20,963,383 15,998,842 - - - - - 462,341 462,341 408,683 - - - - - - 875,225 1,715,540 - - - - - 130,534 130,534 141,250 - - 1,846,426 - 5,422,969 205,919 7,928,905 8,910,821 - - - - - 16,901 16,901 163,766 - - - - - 337,505 337,505 930,249 - 1,441,937 - 403,245 - - 1,845,182 798,517 - - - - - - - 18,163 - - 72,400 - - - 72,400 179,103 - - - - - - 1,970,000 3,275,000 - - - - - - 1,138,100 1,298,016 - - - - - - 2,040 3,895 - - - 52,393 - - 52,393 - 62,424 21,858,102 1,918,826 576,611 5,422,969 2,567,764 66,911,807 63,523,315 180,783 (10,514,971) (113,938) (526,872) 2,916,246 1,580,251 (8,193,425) (4,838,553) - 15,695,587 - - 47,356 82,446 19,317,129 10,472,534 (863,146) - (228,597) (1,462,778) (8,610,440) (2,453,219) (15,241,005) (9,531,189) - - - 4,956,488 - - 5,070,000 - - - - 98,040 - - 98,040 - - 79,300 - - - - 321,866 8,590 (863,146) 15,774,887 (228,597) 3,591,750 (8,563,084) (2,370,773) 9,566,030 949,935 (682,363) 5,259,916 (342,535) 3,064,878 (5,646,838) (790,522) 1,372,605 (3,888,618) 3,294,485 (1,553,605) 24,263,473 (97,671) 2,294,112 10,987,641 57,819,430 61,708,048 $2,612,122 $3,706,311 $23,920,938 $2,967,207 ($3,352,726) $10,197,119 $59,192,035 $57,819,430 Total Governmental Funds Capital Projects Funds The accompanying notes are an integral part of these financial statements. 41 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 48 - This page intentionally left blank - 42 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 49 CITY OF ST. LOUIS PARK, MINNESOTA RECONCILIATION OF THE STATEMENT OF REVENUES,Statement 5 EXPENDITURES AND CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS TO THE STATEMENT OF ACTIVITIES For The Year Ended December 31, 2014 With Comparative Amounts For The Year Ended December 31, 2013 2014 2013 Amounts reported for governmental activities in the statement of activities (Statement 2) are different because: Net changes in fund balances - total governmental funds (Statement 4)$1,372,605 ($3,888,618) Governmental funds report capital outlays as expenditures. However, in the statement of activities the cost of those assets is allocated over their estimated useful lives and reported as depreciation expense. This is the amount by which capital outlays exceeded depreciation in the current period. Depreciation expense (3,249,617) (3,217,389) Capital outlays 2,271,988 2,042,894 Disposal of capital assets - (28,067) The issuance of long-term debt provides current financial resources to governmental funds, while the repayment of principal of long-term debt consumes the current financial resources of governmental funds. Neither transaction, however, has any effect on net position. Also, governmental funds report the effect of issuance costs, premiums, discounts and similar items when debt is first issued, whereas these amounts are deferred and amortized in the statement of activities. Bonds issued (5,070,000) - Principal repayments on bonds 1,970,000 3,275,000 Interest on long-term debt in the statement of activities differs from the amount reported in the governmental fund because interest is recognized as an expenditure in the funds when it is due, and thus requires the use of current financial resources. In the statement of activities, however, interest expense is recognized as the interest accrues, regardless of when it is due.11,693 42,988 Governmental funds report debt issuance premiums and discounts as an other financing source or use at the time of issuance. Premiums and discounts are reported as an unamortized asset or liability in the City-wide financial statements.(103,175) (35,825) Certain revenues are recognized as soon as they are earned. Under the modified accrual basis of accounting certain revenues cannot be recognized until they are available to liquidate liabilities of the current period. Special assessments (366,817) (796,760) Property taxes 135,851 (3,718) Loans 32,239 (16,785) Internal service funds are used by management to charge the costs for equipment, information system, equipment replacement, employee benefits and major losses incurred by individual funds. The net revenue of certain activities of internal service funds is reported with governmental activities.3,100,573 (2,018,734) Change in net position of governmental activities (Statement 2)$105,340 ($4,645,014) The accompanying notes are an integral part of these financial statements. 43 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 50 CITY OF ST. LOUIS PARK, MINNESOTA STATEMENT OF NET POSITION PROPRIETARY FUNDS December 31, 2014 With Comparative Amounts For December 31, 2013 2014 2013 2014 2013 Assets: Current assets: Cash and investments $2,598,501 $2,011 $1,415,372 $1,764,699 Cash and investments held in escrow 3,359,208 3,388,792 - - Accrued interest receivable 919 - 4,378 6,594 Due from other governments - - 17,456 2,181 Accounts receivable 943,032 936,294 914,104 943,279 Taxes receivable - unremitted - - - - Prepaid items - - 307,654 299,954 Deposits receivable 700 700 - - Inventories 21,016 35,434 - - Due from other funds - - - 343,494 Special assessments receivable - delinquent 100,089 90,598 - 232 Special assessments receivable - deferred 763,904 663,453 139,673 134,367 Total current assets 7,787,369 5,117,282 2,798,637 3,494,800 Noncurrent assets: Capital assets, at cost: Land 114,844 114,844 60,000 60,000 Buildings and structures 4,761,612 4,761,612 6,111 6,111 Improvements other than buildings 889,152 889,152 22,278 22,278 Infrastructure 14,663,244 14,663,244 19,678,304 19,653,646 Machinery, furniture and equipment 4,953,257 4,953,257 262,039 262,039 Fleet - - - - Construction in progress 1,878 1,878 - - Total capital assets, at cost 25,383,987 25,383,987 20,028,732 20,004,074 Less: accumulated depreciation (13,070,612) (12,342,107) (15,835,630) (15,708,520) Net capital assets 12,313,375 13,041,880 4,193,102 4,295,554 Total noncurrent assets 12,313,375 13,041,880 4,193,102 4,295,554 Total assets 20,100,744 18,159,162 6,991,739 7,790,354 Liabilities: Current liabilities: Accounts payable 131,667 105,445 11,249 25,871 Salaries payable 46,855 50,328 14,141 8,461 Accrued flex spending - - - - Due to other governments 8,235 29,553 3,002 605 Contracts payable 33,160 64,853 - 47,189 Due to other funds - 343,494 - - Deposits payable 47,122 5,900 - - Accrued interest payable 105,199 116,224 2,466 2,600 Interfund loan payable - - - - Compensated absences payable 101,661 95,325 456 698 Capital lease payable - - - - Bonds payable 2,083,800 633,800 16,000 16,000 Unearned revenue 274,824 256,197 - - Total current liabilities 2,832,523 1,701,119 47,314 101,424 Noncurrent liabilities: Compensated absences payable 15,379 14,764 29,508 29,201 Other postemployment benefits payable 94,229 80,706 20,084 17,625 Capital lease payable - - - - Bonds payable 12,045,557 9,107,076 189,258 205,284 Total noncurrent liabilities 12,155,165 9,202,546 238,850 252,110 Total liabilities 14,987,688 10,903,665 286,164 353,534 Net position: Net investment in capital assets 6,575,118 3,301,004 3,987,844 4,074,270 Unrestricted (1,462,062) 3,954,493 2,717,731 3,362,550 Total net position $5,113,056 $7,255,497 $6,705,575 $7,436,820 Business-Type Activities Enterprise Funds 5000 Water Utility 5100 Sewer Utility The accompanying notes are an integral part of these financial statements. 44 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 51 Statement 6 Business-Type Activities Enterprise Funds Governmental Activities 2014 2013 2014 2013 Internal 2014 2013 Service Funds $2,105,838 $1,959,656 $2,249,549 $2,267,106 $8,369,260 $5,993,472 $3,448,646 - - 688,031 694,090 4,047,239 4,082,882 - 4,066 5,825 5,331 7,089 14,694 19,508 4,763 - - - - 17,456 2,181 579 690,500 645,352 333,315 299,418 2,880,951 2,824,343 - - - - - - - 352,385 - - 19,184 - 326,838 299,954 163,394 - - - - 700 700 31,000 - - - - 21,016 35,434 - - - - - - 343,494 - 13 - - - 100,102 90,830 - - - - - 903,577 797,820 - 2,800,417 2,610,833 3,295,410 3,267,703 16,681,833 14,490,618 4,000,767 - - - - 174,844 174,844 818,094 - - - - 4,767,723 4,767,723 5,990 - - 6,182,215 6,182,215 7,093,645 7,093,645 - - - 3,998,601 15,588,972 38,340,149 49,905,862 9,965,062 - - 11,679,470 89,099 16,894,766 5,304,395 7,051,745 - - - - - - 8,029,132 - - - - 1,878 1,878 27,995 0 0 21,860,286 21,860,286 67,273,005 67,248,347 25,898,018 - - (7,821,878) (7,250,389) (36,728,120) (35,301,016) (8,629,417) 0 0 14,038,408 14,609,897 30,544,885 31,947,331 17,268,601 0 0 14,038,408 14,609,897 30,544,885 31,947,331 17,268,601 2,800,417 2,610,833 17,333,818 17,877,600 47,226,718 46,437,949 21,269,368 348,950 431,799 3,318 17,772 495,184 580,887 294,096 - - 8,335 6,517 69,331 65,306 5,080 - - - - - - 34,077 49,836 53,127 7,418 140 68,491 83,425 3,798 - - 374 16,063 33,534 128,105 3,805 - - - - - 343,494 - - - - - 47,122 5,900 - - - 27,081 31,150 134,746 149,974 - - - - - - - - - - 2,602 6,561 104,719 102,584 2,591,717 - - - - - - 8,100 - - 1,090,200 365,200 3,190,000 1,015,000 - - - - - 274,824 256,197 - 398,786 484,926 1,139,328 443,403 4,417,951 2,730,872 2,940,673 - - - - 44,887 43,965 1,110,736 - - 15,616 13,157 129,929 111,488 2,144,438 - - - - - - 24,975 - - 1,401,688 2,492,662 13,636,503 11,805,022 - 0 0 1,417,304 2,505,819 13,811,319 11,960,475 3,280,149 398,786 484,926 2,556,632 2,949,222 18,229,270 14,691,347 6,220,822 - - 12,255,420 11,752,035 22,818,382 19,127,309 17,268,601 2,401,631 2,125,907 2,521,766 3,176,343 6,179,066 12,619,293 (2,220,055) $2,401,631 $2,125,907 $14,777,186 $14,928,378 28,997,448 31,746,602 $15,048,546 Adjustment to reflect consolidation of Internal Service fund activities (1,395,370) (1,078,990) Net position of business-type activities $27,602,078 $30,667,612 Totals 5200 Solid Waste 5300 Storm Water Utility The accompanying notes are an integral part of these financial statements. 45 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 52 CITY OF ST. LOUIS PARK, MINNESOTA STATEMENT OF REVENUES, EXPENSES AND CHANGES IN FUND NET POSITION PROPRIETARY FUNDS For The Year Ended December 31, 2014 With Comparative Totals For The Year Ended December 31, 2013 2014 2013 2014 2013 Operating revenues: Charges for services $4,672,950 $4,552,959 $5,793,686 $5,793,663 Other 231,634 199,354 47,665 28,396 Rent 280,365 286,925 - - Total operating revenues 5,184,949 5,039,238 5,841,351 5,822,059 Operating expenses: Personal services 1,224,279 1,165,477 475,449 422,152 Supplies 239,850 457,857 34,599 37,709 Professional services 299,940 294,345 29,945 125,296 Insurance 23,917 35,542 67,694 56,442 Utilities 440,769 423,182 40,361 47,102 Repairs and maintenance 534,989 1,281,993 151,891 88,604 Depreciation 728,504 814,120 127,112 127,188 Disposal charges 63,143 76,475 3,600,010 3,800,400 Other 632,077 646,996 144,224 194,453 Total operating expenses 4,187,468 5,195,987 4,671,285 4,899,346 Operating income (loss)997,481 (156,749) 1,170,066 922,713 Nonoperating revenues (expenses): Investment income 19,302 (17,951)18,398 4,417 Property taxes - - - - Intergovernmental revenue 25,758 34,026 - - Miscellaneous expense (14,393) (67,092)(9,294) (16,189) Amortization of bond premiums 3,116 2,592 26 26 Net loss on disposal of assets - - - - Interest expense (265,565) (260,682)(5,946) (6,265) Issuance of debt (51,320) (60,630) - - Total nonoperating revenues (expenses)(283,102) (369,737)3,184 (18,011) Income (loss) before transfers 714,379 (526,486) 1,173,250 904,702 Transfers in - - - - Transfers out (2,856,820) (536,641) (1,904,495) (722,052) Total transfers (2,856,820) (536,641) (1,904,495) (722,052) Change in net position (2,142,441) (1,063,127) (731,245) 182,650 Net position - January 1 7,255,497 8,318,624 7,436,820 7,254,170 Net position - December 31 $5,113,056 $7,255,497 $6,705,575 $7,436,820 Business-Type Activities Enterprise Funds 5000 Water Utility 5100 Sewer Utility The accompanying notes are an integral part of these financial statements. 46 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 53 Statement 7 Governmental Business-Type Activities Enterprise Funds Activities Internal 2014 2013 2014 2013 2014 2013 Service Funds $3,134,013 $2,825,840 $2,245,983 $2,054,915 $15,846,632 $15,227,377 $807,209 45,719 86,575 - - 325,018 314,325 539,788 - - - - 280,365 286,925 - 3,179,732 2,912,415 2,245,983 2,054,915 16,452,015 15,828,627 1,346,997 307,168 282,485 466,748 391,302 2,473,644 2,261,416 772,699 120,136 932,568 2,309 18,166 396,894 1,446,300 378,011 17,920 27,492 38,302 73,161 386,107 520,294 528,333 4,532 8,882 9,601 6,256 105,744 107,122 164,649 - - 22,901 28,970 504,031 499,254 - - - 91,609 31,991 778,489 1,402,588 - - - 571,489 575,443 1,427,105 1,516,751 1,737,281 2,290,598 2,237,737 - - 5,953,751 6,114,612 - 73,233 124,954 123,935 118,386 973,469 1,084,789 442,398 2,813,587 3,614,118 1,326,894 1,243,675 12,999,234 14,953,126 4,023,371 366,145 (701,703) 919,089 811,240 3,452,781 875,501 (2,676,374) 15,542 10,526 24,761 (340) 78,003 (3,348) 21,490 - - - - - - 2,900,782 101,984 101,616 - - 127,742 135,642 476,561 - - (2,388) (15,610) (26,075) (98,891) - - - 774 - 3,916 2,618 - - - - - - - 142,763 - - (67,518) (70,602) (339,029) (337,549) - - - (77) (12,418) (51,397) (73,048) - 117,526 112,142 (44,448) (98,970) (206,840) (374,576) 3,541,596 483,671 (589,561) 874,641 712,270 3,245,941 500,925 865,222 - - - - - - 1,918,971 (207,947) (213,466) (1,025,833) (289,768) (5,995,095) (1,761,927) - (207,947) (213,466) (1,025,833) (289,768) (5,995,095) (1,761,927) 1,918,971 275,724 (803,027) (151,192) 422,502 (2,749,154) (1,261,002) 2,784,193 2,125,907 2,928,934 14,928,378 14,505,876 31,746,602 33,007,604 12,264,353 $2,401,631 $2,125,907 $14,777,186 $14,928,378 $28,997,448 $31,746,602 $15,048,546 Adjustment to reflect consolidation of Internal Service fund activities (316,380) (566,264) Change in net position of business-type activities ($3,065,534) ($1,827,266) Totals5200 Solid Waste 5300 Storm Water Utility The accompanying notes are an integral part of these financial statements. 47 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 54 CITY OF ST. LOUIS PARK, MINNESOTA STATEMENT OF CASH FLOWS PROPRIETARY FUNDS For The Year Ended December 31, 2014 With Comparative Totals For The Year Ended December 31, 2013 2014 2013 2014 2013 Cash flows from operating activities: Receipts from customers and users $4,896,484 $4,941,363 $5,802,512 $5,859,686 Receipts from interfund services provided - - - - Other receipts 231,634 199,354 47,665 28,396 Payments to suppliers (2,247,056) (3,137,829) (4,135,838) (4,287,786) Payments to employees (1,207,278) (1,165,404) (467,245) (418,793) Miscellaneous expense (14,393) (67,092) (9,294) (16,189) Net cash flows provided by (used in) operating activities 1,659,391 770,392 1,237,800 1,165,314 Cash flows from noncapital financing activities: Transfers in - - - - Transfers out (2,856,820) (536,641) (1,904,495) (722,052) Borrowing on interfund balances - 343,494 343,494 - Payments on interfund balances (343,494) - - (343,494) Property taxes - - - - Intergovernmental receipts 25,758 34,026 - - Net cash flows provided by (used in) noncapital financing activities (3,174,556) (159,121) (1,561,001) (1,065,546) Cash flows from capital and related financing activities: Transfers in - - - - Acquisition and construction of capital assets - (32,841) (24,660) (704,565) Proceeds from sale of assets - - - - Payments on capital leases - - - - Debt proceeds, net 5,025,398 3,473,891 - - Unspent bond proceeds 29,584 (3,388,792) - - Principal paid on bonds (633,800) (605,400) (16,000) (15,500) Interest paid on debt (327,910) (308,717) (6,080) (6,394) Net cash flows provided by (used in) capital and related financing activities 4,093,272 (861,859) (46,740) (726,459) Cash flows from investing activities: Investment income 18,383 (17,583) 20,614 10,041 Net increase (decrease) in cash and cash equivalents 2,596,490 (268,171) (349,327) (616,650) Cash and cash equivalents - January 1 2,011 270,182 1,764,699 2,381,349 Cash and cash equivalents - December 31 $2,598,501 $2,011 $1,415,372 $1,764,699 Business-Type Activities Enterprise Funds 5000 Water Utility 5100 Sewer Utility The accompanying notes are an integral part of these financial statements. 48 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 55 Statement 8 Page 1 of 2 Governmental Activities Internal 2014 2013 2014 2013 2014 2013 Service Funds $3,088,852 $2,824,908 $2,212,086 $2,070,703 $15,999,934 $15,696,660 $ - - - - - - - 806,630 45,719 86,575 - - 325,018 314,325 539,788 (2,592,559) (3,049,750) (330,706) (253,124) (9,306,159) (10,728,489) (1,544,341) (307,168) (282,485) (466,430) (389,800) (2,448,121) (2,256,482) (307,734) - - (2,388) (15,610) (26,075) (98,891) - 234,844 (420,752) 1,412,562 1,412,169 4,544,597 2,927,123 (505,657) - - - - - - 1,500,000 (207,947) (213,466) (1,025,833) (289,768) (5,995,095) (1,761,927) - - - - - 343,494 - - - - - - (343,494) - (943,989) - - - - - - 2,548,397 101,984 101,616 - - 127,742 135,642 476,561 (105,963) (111,850) (1,025,833) (289,768) (5,867,353) (1,626,285) 3,580,969 - - - - - - 418,971 - - - (193,122) (24,660) (930,528) (1,705,934) - - - - - - 187,187 - - - - - - (7,425) - - - 706,281 5,025,398 4,180,172 - - - 6,059 (694,090) 35,643 (4,082,882) - - - (365,200) (364,100) (1,015,000) (985,000) - - - (71,664) (82,405) (405,654) (397,516) - 0 0 (430,805) (627,436) 3,615,727 (2,215,754) (1,107,201) 17,301 13,902 26,519 795 82,817 7,155 23,098 146,182 (518,700) (17,557) 495,760 2,375,788 (907,761) 1,991,209 1,959,656 2,478,356 2,267,106 1,771,346 5,993,472 6,901,233 1,457,437 $2,105,838 $1,959,656 $2,249,549 $2,267,106 $8,369,260 $5,993,472 $3,448,646 Business-Type Activities Enterprise Funds 5300 Storm Water Utility Totals5200 Solid Waste The accompanying notes are an integral part of these financial statements. 49 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 56 CITY OF ST. LOUIS PARK, MINNESOTA STATEMENT OF CASH FLOWS PROPRIETARY FUNDS For The Year Ended December 31, 2014 With Comparative Totals For The Year Ended December 31, 2013 2014 2013 2014 2013 Reconciliation of operating income (loss) to net cash provided (used) by operating activities: Operating income (loss)$997,481 ($156,749) $1,170,066 $922,713 Adjustments to reconcile operating income (loss) to net cash flows from operating activities: Miscellaneous expense (14,393) (67,092) (9,294) (16,189) Depreciation 728,504 814,120 127,112 127,188 Changes in assets and liabilities: Decrease (increase) in: Accounts receivable (6,738) 56,960 13,900 65,314 Special assessments (109,942) 22,654 (5,074) 709 Prepaid items - 1,734 (7,700) 17,131 Inventory 14,418 31,408 - - Increase (decrease) in: Accounts payable 4,904 9,524 (12,225) (2,002) Contracts payable (31,693) 35,895 (47,189) 47,091 Deposits payable 41,222 (12,100) - - Accrued salaries payable (3,473) 13,516 5,680 (343) Unearned revenue 18,627 33,965 - - Accrued flex spending - - - - Compensated absences payable 6,951 (28,004)65 1,055 Other postemployment benefits 13,523 14,561 2,459 2,647 Total adjustments 661,910 927,141 67,734 242,601 Net cash provided by (used) operating activities $1,659,391 $770,392 $1,237,800 $1,165,314 Supplemental schedule of noncash capital and related financing activities Amortization of bond premiums $3,116 $2,592 $26 $26 Disposal of capital assets $ - $87,324 $ - $ - Asset accquired through financing $ - $ - $ - $ - 5000 Water Utility 5100 Sewer Utility Business-Type Activities Enterprise Funds The accompanying notes are an integral part of these financial statements. 50 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 57 Statement 8 Page 2 of 2 Governmental Activities Internal 2014 2013 2014 2013 2014 2013 Service Funds $366,145 ($701,703) $919,089 $811,240 $3,452,781 $875,501 ($2,676,374) - - (2,388) (15,610) (26,075) (98,891) - - - 571,489 575,443 1,427,105 1,516,751 1,737,281 (45,148) (932) (33,897) 15,788 (71,883) 137,130 (579) (13) - - - (115,029) 23,363 - - - (19,184) 433 (26,884) 19,298 (47,228) - - - - 14,418 31,408 - (86,140) 281,883 (7,176) 13,688 (100,637) 303,093 172,471 - - (15,689) 9,685 (94,571) 92,671 (156,193) - - - - 41,222 (12,100) - - - 1,818 (411) 4,025 12,762 (145) - - - - 18,627 33,965 - - - - - - - 8,587 - - (3,959) (734) 3,057 (27,683) 145,504 - - 2,459 2,647 18,441 19,855 311,019 (131,301) 280,951 493,473 600,929 1,091,816 2,051,622 2,170,717 $234,844 ($420,752) $1,412,562 $1,412,169 $4,544,597 $2,927,123 ($505,657) $ - $ - $774 $666 $3,916 $3,284 $ - $ - $ - $ - $197,696 $ - $285,020 $803,975 $ - $ - $ - $ - $ - $ - $40,500 5200 Solid Waste 5300 Storm Water Utility Totals Business-Type Activities Enterprise Funds The accompanying notes are an integral part of these financial statements. 51 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 58 - This page intentionally left blank - 52 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 59 CITY OF ST. LOUIS PARK, MINNESOTA NOTES TO FINANCIAL STATEMENTS December 31, 2014 Note 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The City of St. Louis Park, Minnesota (the City) was incorporated in 1886 and operates a council-manager form of government under the “Home Rule Charter” concept according to applicable Minnesota laws and statutes. The governing body consists of a seven member City Council elected by the voters of the City. The financial statements of the City have been prepared in conformity with accounting principles generally accepted in the United States of America as applied to governmental units by the Governmental Accounting Standards Board (GASB). The following is a summary of the significant accounting policies. A. FINANCIAL REPORTING ENTITY As required by generally accepted accounting principles, the financial statements of the reporting entity include those of the City (the primary government) and its component units, entities for which the City is considered to be financially accountable. Blended component units, although legally separate entities, are in substance, part of the City’s operations and so data from these units are combined with data of the City. BLENDED COMPONENT UNITS The Economic Development Authority (EDA) is an entity legally separate from the City. However, for financial reporting purposes, the EDA is reported as if it were part of the City’s operations because the members of the City Council serve as EDA Board Members and its sole purpose is to promote development within the City’s tax increment districts. Separate financial statements are not prepared for the EDA. The following funds are maintained by the EDA: Debt Service Funds – 2004 General Obligation Tax Increment Refunding, 2008B General Obligation Tax Increment Bonds, and Hoigaard’s 2010A & B TIF Notes; Capital Project Funds – Development EDA and Redevelopment District. RELATED ORGANIZATION The Housing Authority (HA) is an entity legally separate from the City. The HA is governed by a Board of Commissioners appointed by the City Council. However, the City’s accountability for the HA does not extend beyond making the appointments. B. GOVERNMENT-WIDE AND FUND FINANCIAL STATEMENTS The government-wide financial statements (i.e., the statement of net position and the statement of activities) report information on all of the activities of the primary government and its component units. For the most part, the effect of interfund activity has been removed from these statements. Governmental activities, which normally are supported by taxes and intergovernmental revenues, are reported separately from business-type activities, which rely to a significant extent on fees and charges for support. 53 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 60 CITY OF ST. LOUIS PARK, MINNESOTA NOTES TO FINANCIAL STATEMENTS December 31, 2014 The statement of activities demonstrates the degree to which the direct expenses of a given function or business-type activity is offset by program revenues. Direct expenses are those that are clearly identifiable with a specific function or business-type activity. Program revenues include: 1) charges to customers or applicants who purchase, use, or directly benefit from goods, services, or privileges provided by a given function or business-type activity and 2) grants and contributions that are restricted to meeting the operational or capital requirements of a particular function or business-type activity. Taxes and other items not included among program revenues are reported instead as general revenues. Separate financial statements are provided for governmental funds and proprietary funds. Major individual governmental funds and major individual enterprise funds are reported as separate columns in the fund financial statements. C. MEASUREMENT FOCUS, BASIS OF ACCOUNTING, AND FINANCIAL STATEMENT PRESENTATION The government-wide financial statements are reported using the economic resources measurement focus and the accrual basis of accounting, as are the proprietary fund financial statements. Revenues are recorded when earned and expenses are recorded when a liability is incurred, regardless of the timing of related cash flows. Property taxes are recognized as revenues in the year for which they are levied. Grants and similar items are recognized as revenue as soon as all eligibility requirements imposed by the provider have been met. Governmental fund financial statements are reported using the current financial resources measurement focus and the modified accrual basis of accounting. Revenues are recognized as soon as they are both measurable and available. Revenues are considered to be available when they are collectible within the current period or soon enough thereafter to pay liabilities of the current period. For this purpose, the City considers all revenues, except reimbursement grants, to be available if they are collected within 60 days of the end of the current fiscal period. Reimbursement grants are considered available if they are collected within one year of the end of the current fiscal period. Expenditures generally are recorded when a liability is incurred, as under accrual accounting. However, debt service expenditures, as well as expenditures related to compensated absences and claims and judgments, are recorded only when payment is due. Property taxes, special assessments, intergovernmental revenue, franchise taxes, licenses, and interest associated with the current fiscal period are all considered to be susceptible to accrual and so have been recognized as revenues of the current fiscal period. Only the portion of special assessments receivable due within the current fiscal period is considered to be susceptible to accrual as revenue of the current period. All other revenue items are considered to be measurable and available only when cash is received by the City. The City reports the following major governmental funds: The General Fund is the City’s primary operating fund. It accounts for all financial resources of the general government, except those required to be accounted for in another fund. 54 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 61 CITY OF ST. LOUIS PARK, MINNESOTA NOTES TO FINANCIAL STATEMENTS December 31, 2014 The Housing Rehabilitation Fund is used to account for revenues from revenue bond fees and expenditures related to preventing deterioration of multi-unit housing. The Debt Service Fund accounts for the resources accumulated and payments made for principal and interest on long-term general obligation debt of the government. The Permanent Improvement Revolving Fund accounts for the resources and expenditures required for the acquisition and construction of capital improvements which will provide a direct or significant indirect benefit to individual property owners. Financing of these projects is provided by shared costs with other organizations, land sales, State allotment from highway user tax collections and assessment proceeds. The Streets Capital Projects Fund accounts for street construction projects. Revenues are provided by the General Fund or by the issuance of General Obligation bonds. The Development EDA Fund accounts for transactions related to redevelopment efforts in the City; financing is provided by investment income, grants, and developer reimbursements. The Sidewalks and Trails Fund accounts for the City’s 10 year plan to add additional sidewalks, trails, bike lane and bikeway throughout the community. Financing for this plan will occur by issuing General Obligation bonds over several stages throughout the life of the plan. The Redevelopment District Fund accounts for transactions relative to acquisition and development in the City’s tax increment redevelopment districts; financing is provided by the sale of general obligation tax increment bonds along with tax increment property tax payments. The City reports the following major enterprise funds: The Water Utility Fund accounts for the provisions of water services to residents of the City. All activities necessary to provide such services are accounted for in this fund, including administration, operations, maintenance, billing and collection. The Sewer Utility Fund accounts for the provisions of sewer services to residents of the City. All activities necessary to provide such services are accounted for in this fund, including administration, operations, maintenance, billing and collection. The Solid Waste Fund accounts for the revenue and expense related to collection, disposal, and recycling of residential solid waste. Financing is provided by charging each property owner a predetermined service fee. The Storm Water Utility Fund accounts for the revenue and expenses related to providing storm water to the residents of the City. All activities necessary to provide such services are accounted for in this fund, including administration, operations, construction, maintenance, billing and collection. 55 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 62 CITY OF ST. LOUIS PARK, MINNESOTA NOTES TO FINANCIAL STATEMENTS December 31, 2014 Additionally, the government reports the following fund types: Internal Service Funds account for the financing of goods or services provided by one department or agency to other departments or agencies of the City, or to other governments on a cost reimbursement basis. The City’s internal service funds account for employee flex spending, uninsured loss and capital replacement. As a general rule the effect of interfund activity has been eliminated from the government-wide financial statements. Exceptions to this general rule are transactions that would be treated as revenues, expenditures or expenses if they involved external organizations, such as buying goods and services or payments in lieu of taxes, are similarly treated when they involve other funds of the City. Elimination of these charges would distort the direct costs and program revenues reported for the various functions concerned. Amounts reported as program revenues include 1) charges to customers or applicants for goods, services, or privileges provided, 2) operating grants and contributions, and 3) capital grants and contributions, including special assessments. Internally dedicated resources are reported as general revenues rather than as program revenues. Likewise, general revenues include all taxes. Proprietary funds distinguish operating revenues and expenses from nonoperating items. Operating revenues and expenses generally result from providing services and producing and delivering goods in connection with a proprietary fund’s principal ongoing operations. The principal operating revenues of the water, wastewater, storm sewer and municipal liquor enterprise funds are charges to customers for sales and services. Operating expenses for enterprise funds include the cost of sales and services, administrative expenses, and depreciation on capital assets. All revenues and expenses not meeting this definition are reported as nonoperating revenues and expenses. D. BUDGETARY INFORMATION Budgets are legally adopted on a basis consistent with generally accepted accounting principles. Annual appropriated budgets are legally adopted for the General Fund and the Parks and Recreation special revenue fund. A budget is not presented for the Housing Rehabilitation Fund since the City does not legally require to adopt a budget for the fund. Budgeted amounts are reported as originally adopted, or as amended by the City Council. Budgeted expenditure appropriations lapse at year end. Encumbrance accounting, under which purchase orders, contracts, and other commitments for the expenditure of monies are recorded in order to reserve that portion of the appropriation, is not employed by the City because it is as present not considered necessary to assure effective budgetary control or to facilitate effective cash management. 56 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 63 CITY OF ST. LOUIS PARK, MINNESOTA NOTES TO FINANCIAL STATEMENTS December 31, 2014 E. LEGAL COMPLIANCE - BUDGETS The City follows these procedures in establishing the budgetary data reflected in the financial statements: 1. The City Manager submits to the City Council a proposed operating budget for the fiscal year commencing the following January 1. The operating budget includes proposed expenditures and the means of financing them. 2. The City Council reviews the proposed budget and makes appropriate changes. 3. Public hearings are conducted to obtain taxpayer comments. 4. The budget is legally enacted through passage of a resolution on a departmental/divisional basis and can be expended by each department based upon detailed budget estimates for individual expenditure accounts in accordance with the provisions of section 6.05 of the City Charter. 5. After the budget resolution is approved, the City Council can increase the budget only by resolution if actual receipts exceed the estimated, or from accumulated fund balance in the amount of unexpended appropriations from the previous fiscal year. During the year 2014, the budget was not amended. 6. Formal budgetary integration is employed as a management control device during the year for the General Fund and Parks and Recreation special revenue fund. 7. Legal debt obligation indentures determine the appropriation level and debt service tax levies for the Debt Service Funds. Supplementary budgets are adopted for the Proprietary Funds to determine and calculate user charges. These debt service and budget amounts represent general obligation bond indenture provisions and net income for operation and capital maintenance and are not reflected in the financial statements. 8. A capital improvement program is reviewed annually by the City Council for the Capital Project Funds. However, appropriations for major projects are not adopted until the actual bid award of the improvement. The appropriations are not reflected in the financial statements. 9. The legal level of budgetary control is at the fund level. Expenditures may not legally exceed budgeted appropriations at the total fund level. The City Council must approve all expenditures at fund level either by resolution or through the disbursement process. 10. Monitoring of budgets is maintained at the expenditure category level (i.e., personal services, supplies, and other services and charges, and capital outlay) within each program. Management can exceed appropriations at the department level without City Council approval. Approval must be received for exceeding budgeted appropriations at the fund level. 11. The City Council may authorize transfer of budgeted amounts between City funds. 57 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 64 CITY OF ST. LOUIS PARK, MINNESOTA NOTES TO FINANCIAL STATEMENTS December 31, 2014 F. CASH AND INVESTMENTS Cash and investment balances from all funds are pooled and invested to the extent available in authorized investments. Investment income is allocated to individual funds on the basis of average monthly cash balances. The City’s investment policy dictates that the General fund is to receive the first three percent of all interest earnings as an administrative fee. The administrative fee does not apply to the Economic Development Authority. Investments are stated at fair value, based upon quoted market prices, except for investments in 2a7-like external investment pools, which are stated at amortized cost. Investment income is accrued at the balance sheet date. For purposes of the statement of cash flows, the Proprietary Funds consider all highly liquid investments with a maturity of three months or less when purchased to be cash equivalents. All of the cash and investments allocated to the Proprietary Fund types have original maturities of 90 days or less. Therefore the entire balance in such fund types is considered cash equivalents. It is the City’s policy to invest in a manner that seeks to ensure preservation of capital in the overall portfolio. Safety of principal is the foremost objective, but liquidity and yield are also important considerations. The objective will be to mitigate credit risk by purchasing only highly rated securities with adequate collateral and interest rate risk by matching maturities to cash flow needs and holding securities to maturity. G. ACCOUNTS RECEIVABLE Property taxes and special assessment receivables have been reported net of estimated uncollectible accounts (See Note 1 I and J). The City annually certifies delinquent water and sewer accounts to the County for collection in the following year. Because utility bills are considered liens on property, no estimated uncollectible amounts are established. Uncollectible amounts are not material for other receivables and have not been reported. H. INTERFUND RECEIVABLES AND PAYABLES Activity between funds that are representative of lending/borrowing arrangements outstanding at the end of the fiscal year are referred to as either “due to/from other funds” (i.e., the current portion of interfund loans) or “interfund loan receivable/payable” (i.e., the noncurrent portion of interfund loans). Any residual balances outstanding between the governmental activities and business-type activities are reported in the government-wide financial statements as “internal balances.” Interfund loan receivables, as reported in the fund financial statements, are offset by nonspendable fund balance in applicable governmental funds to indicate that they are not available for appropriation and are not expendable available financial resources. 58 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 65 CITY OF ST. LOUIS PARK, MINNESOTA NOTES TO FINANCIAL STATEMENTS December 31, 2014 I. PROPERTY TAX REVENUE RECOGNITION The City Council annually adopts a tax levy and certifies it to the County in December (levy/assessment date) of each year for collection in the following year. The County is responsible for billing and collecting all property taxes for itself, the City, the local School District and other taxing authorities. Such taxes become a lien on January 1 and are recorded as receivables by the City at that date. Real property taxes are payable (by property owners) on May 15 and October 15 of each calendar year. Personal property taxes are payable by taxpayers on February 28 and June 30 of each year. These taxes are collected by the County and remitted to the City on or before July 7 and December 2 of the same year. Delinquent collections for November and December are received the following January. The City has no ability to enforce payment of property taxes by property owners. The County possesses this authority. The City recognizes property tax revenue when it becomes both measurable and available to finance expenditures of the current period. In practice, current and delinquent taxes and State credits received by the City in July, December and January are recognized as revenue for the current year. Taxes collected by the County by December 31 (remitted to the City the following January) and taxes and credits not received at year end are classified as delinquent and due from County taxes receivable. The portion of delinquent taxes not collected by the City in January is fully offset by deferred inflow of resources because they are not available to finance current expenditures. GOVERNMENT-WIDE FINANCIAL STATEMENTS The City recognizes property tax revenue in the period for which the taxes were levied. Uncollectible property taxes are not material and have not been reported. GOVERNMENTAL FUND FINANCIAL STATEMENTS The City’s property tax revenue includes payment from the Metropolitan Revenue Distribution (Fiscal Disparities Formula) per Minnesota Statute 473F. This statute provides a means of spreading a portion of the taxable valuation of commercial/industrial real property to various taxing authorities within the defined metropolitan area. The valuation “shared” is a portion of commercial/industrial property valuation growth since 1971. Property taxes paid to the City through this formula for 2014 and 2013 totaled $1,997,553 and $2,262,464, respectively. Receipt of property taxes from this “fiscal disparities pool” does not increase or decrease total tax revenue. J. SPECIAL ASSESSMENT REVENUE RECOGNITION Special assessments are levied against benefited properties for the cost or a portion of the cost of special assessment improvement projects in accordance with State Statutes. These assessments are collectible by the City over a term of years usually consistent with the term of the related bond issue. Collection of annual installments (including interest) is handled by the County Auditor in the same manner as property taxes. Property owners are allowed to (and often do) prepay future installments without interest or prepayment penalties. 59 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 66 CITY OF ST. LOUIS PARK, MINNESOTA NOTES TO FINANCIAL STATEMENTS December 31, 2014 Once a special assessment roll is adopted, the amount attributed to each parcel is a lien upon that property until full payment is made or the amount is determined to be excessive by the City Council or court action. If special assessments are allowed to go delinquent, the property is subject to tax forfeit sale and the first proceeds of that sale (after costs, penalties and expenses of sale) are remitted to the City in payment of delinquent special assessments. Pursuant to State Statutes, a property shall be subject to a tax forfeit sale after three years unless it is homesteaded, agricultural or seasonal recreational land in which event the property is subject to such sale after five years. GOVERNMENT-WIDE FINANCIAL STATEMENTS The City recognizes special assessment revenue in the period that the assessment roll was adopted by the City Council. Uncollectible special assessments are not material and have not been reported. GOVERNMENTAL FUND FINANCIAL STATEMENTS Revenue from special assessments is recognized by the City when it becomes measurable and available to finance expenditures of the current fiscal period. In practice, current and delinquent special assessments received by the City are recognized as revenue for the current year. Special assessments that are collected by the County by December 31 (remitted to the City the following January) and are also recognized as revenue for the current year. All remaining delinquent, deferred and special deferred assessments receivable in governmental funding are completely offset by deferred inflow of resources. K. INVENTORIES Inventory is valued at cost using the first-in, first out (FIFO) method. Inventory consists mainly of expendable supplies held for consumption. Inventories of the governmental funds are recorded as expenditures when consumed rather than when purchased. L. PREPAID ITEMS Certain payments to vendors reflect costs applicable to future accounting periods and are recorded as prepaid items in both government-wide and fund financial statements. Prepaid items are reported using the consumption method and recorded as expenditures/expenses at the time of consumption. 60 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 67 CITY OF ST. LOUIS PARK, MINNESOTA NOTES TO FINANCIAL STATEMENTS December 31, 2014 M. CAPITAL ASSETS Capital assets, which include property, plant, equipment, infrastructure assets (e.g., roads, bridges, sidewalks, and similar items), and intangible assets such as easements and computer software, are reported in the applicable governmental or business-type activities columns in the government- wide financial statements. Capital assets are defined by the City as assets with an estimated useful life in excess of three years and an initial individual cost of more than the following: Land $1 Land improvements 5,000 Buildings and building improvements 5,000 Machinery and equipment 10,000 Office equipment 25,000 Vehicle or fleet 10,000 Infrastructure 250,000 Capitalization Threshold Such assets are recorded at historical cost or estimated historical cost if purchased or constructed. Donated capital assets are recorded at estimated fair market value at the date of donation. The City uses the modified approach for reporting street and trail system capital assets. The costs of normal maintenance and repairs that do not add to the value of the asset or materially extend assets lives are not capitalized. Major outlays for capital assets and improvements are capitalized as projects are constructed. Interest incurred during the construction phase of capital assets of business-type activities is included as part of the capitalized value of the assets constructed. For the year ended December 31, 2014, no interest was capitalized in connection with construction in progress. Property, plant and equipment of the primary government, as well as the component units, is depreciated using the straight line method over the following estimated useful lives: Buildings and structures 5 – 30 years Improvements other than buildings 5 – 30 years Infrastructure 5 – 100 years Machinery, furniture and equipment (including software) 3 – 30 years Fleet 3 – 25 years Temporary easements 3 – 5 years Capital assets of the water utility and sewer utility operations include the water distribution system and sewer collection system. These systems have been wholly (or substantially) financed by non- operating funds (special assessments, general taxes, federal and state grants, and other sources) and contribution to the Water and Sewer operating funds. City policy is to finance these assets by the sources indicated rather than by user charges. Accordingly, the water and sewer user rates are not established at levels sufficient to cover depreciation on these assets. 61 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 68 CITY OF ST. LOUIS PARK, MINNESOTA NOTES TO FINANCIAL STATEMENTS December 31, 2014 The City implemented GASB 51, Accounting and Financial Reporting for Intangible Assets effective January 1, 2010, which required the City to capitalize and amortize intangible assets. Pursuant to GASB Statement No. 51, the retroactive reporting of permanent easements is not required and therefore, the City has elected not to report permanent easements acquired in years prior to 2010. The City had already accounted for computer software at historical cost and therefore retroactive reporting was not necessary. The City elects to use the modified approach as defined by GASB Statement No. 34 for infrastructure reporting of its streets. The City conducted a physical assessment in the Fall of 2012 of the condition of the streets. This condition assessment will be performed every 2 years. Each segment of City owned street was assigned a physical condition based on potential defects. A Overall Condition Index (OCI) was assigned to each segment. The index is expressed in a continuous scale from 0 to 100, where 0 is assigned to the least acceptable physical condition and 100 is assigned to those segments that have the characteristic of a new street. The following conditions were defined: Range Description 86 - 100 Excellent 71 - 85 Very good 56 - 70 Good 41 - 55 Fair 26 - 40 Poor 11 - 25 Very poor 0 - 10 Failed The City’s policy relative to maintaining the street and trail assets is to achieve an average rating of “Good” for all segments. This acceptable rating allows minor cracking and patching of the pavement along with minor roughness that could be noticeable to the users of the system. N. COMPENSATED ABSENCES It is the City's policy to permit employees to accumulate earned but unused vacation, sick pay and flex leave benefits. No liability is recorded for unpaid accumulated sick leave, except for that portion that is payable as severance. All liabilities for vacation leave, flex leave and severance, both current and long-term, are recorded in the Employee Benefits Fund, an Internal Service Fund for governmental funds, and in the individual enterprise funds when incurred. The personnel ordinance limits the annual accumulation of benefits that can be accumulated from year-to-year. A liability for these amounts is reported in governmental funds only if they have matured, for example, as a result of employee resignations and retirements. 62 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 69 CITY OF ST. LOUIS PARK, MINNESOTA NOTES TO FINANCIAL STATEMENTS December 31, 2014 O. LONG-TERM OBLIGATIONS In the government-wide financial statements and proprietary fund types in the fund financial statements, long-term debt and other long-term obligations are reported as liabilities in the applicable governmental activities, business-type activities, or proprietary fund type statement of net position. Bond premiums and discounts are deferred and amortized over the life of the bonds using the effective interest method. In the fund financial statements, governmental fund types recognize bond premiums and discounts during the current period. The face amount of debt issued is reported as other financing sources. Premiums received on debt issuances are reported as other financing sources while discounts on debt issuances are reported as other financing uses. P. FUND BALANCE CLASSIFICATIONS In the fund financial statements, governmental funds report fund balance in classifications that disclose constraints for which amounts in those funds can be spent. These classifications are as follows: Nonspendable - consists of amounts that are not in spendable form, such as prepaid items. Restricted - consists of amounts related to externally imposed constraints established by creditors, grantors or contributors; or constraints imposed by state statutory provisions. Committed - consists of internally imposed constraints. These constraints are established by Resolution of the City Council. Assigned - consists of internally imposed constraints. These constraints reflect the specific purpose for which it is the City’s intended use. These constraints are established by the City Council and/or management. Pursuant to City Council Resolution, the City’s Controller and/or City Manager is authorized to establish assignments of fund balance. Unassigned - is the residual classification for the general fund and also reflects negative residual amounts in other funds. When both restricted and unrestricted resources are available for use, it is the City’s policy to first use restricted resources, then use unrestricted resources as they are needed. When committed, assigned or unassigned resources are available for use, it is the City’s policy to use resources in the following order; 1) committed 2) assigned and 3) unassigned. 63 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 70 CITY OF ST. LOUIS PARK, MINNESOTA NOTES TO FINANCIAL STATEMENTS December 31, 2014 Q. INTERFUND TRANSACTIONS Interfund services provided and used are accounted for as revenues, expenditures or expenses. Transactions that constitute reimbursements to a fund for expenditures/expenses initially made from it that are properly applicable to another fund, are recorded as expenditures/expenses in the reimbursing fund and as reductions of expenditures/expenses in the fund that is reimbursed. Interfund loans are reported as an interfund loan receivable or payable which offsets the movement of cash between funds. All other interfund transactions are reported as transfers. R. COMPARATIVE TOTALS AND RECLASSIFICATIONS The basic financial statements and schedules, required supplementary information, and combining and individual fund financial statements include certain prior-year summarized comparative information in total but not at the level of detail required for a presentation in conformity with generally accepted accounting principles. Accordingly, such information should be read in conjunction with the government’s financial statements for the year ended December 31, 2013, from which the summarized information was derived. In addition, certain amounts in the prior year have been reclassified to conform to the current year presentation. S. NET POSITION Net position represents the difference between assets and liabilities. Net position is displayed in three components. a) Net investment in capital assets – consists of capital assets, net of accumulated depreciation reduced by any outstanding debt attributable to acquire capital assets. b) Restricted net position – consist of net position restricted when there are limitations imposed on their use through external restrictions imposed by creditors, grantors, laws or regulations of other governments. c) Unrestricted net position – all other net position that do not meet the definition of “restricted” or “net investment in capital assets”. T. USE OF ESTIMATES The preparation of financial statements in accordance with generally accepted accounting principles (GAAP) requires management to make estimates that affect amounts reported in the financial statements during the reporting period. Actual results could differ from such estimates. 64 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 71 CITY OF ST. LOUIS PARK, MINNESOTA NOTES TO FINANCIAL STATEMENTS December 31, 2014 U. DEFERRED OUTFLOWS/INFLOWS OF RESOURCES In addition to assets, the statement of financial position will sometimes report a separate section for deferred outflows of resources. This separate financial statement element, deferred outflows of resources, represents a consumption of net position that applies to a future period(s) and so will not be recognized as an outflow of resources (expense/expenditure) until then. The government has no items that qualify for reporting in this category. In addition to liabilities, the statement of financial position will sometimes report a separate section for deferred inflows of resources. This separate financial statement element, deferred inflows of resources, represents an acquisition of net position that applies to a future period(s) and so will not be recognized as an inflow of resources (revenue) until that time. The government has one type of item, which arises only under a modified accrual basis of accounting, that qualifies for reporting in this category. Accordingly, the item, unavailable revenue, is reported only in the governmental fund balance sheet. The governmental funds report unavailable revenues from the following sources: property taxes, special assessments, bond reimbursement payments not yet due and other miscellaneaous unavailable revenue. Note 2 DEPOSITS AND INVESTMENTS A. DEPOSITS In accordance with Minnesota Statutes, the City maintains deposits at those depository banks authorized by the City Council, all of which are members of the Federal Reserve System. Minnesota Statutes require that securities pledged as collateral be held in safekeeping by the City Treasurer or in a financial institution other than that furnishing the collateral. Authorized collateral includes the following: 1. United States government treasury bills, treasury notes, treasury bonds; 2. Issues of United States government agencies and instrumentalities as quoted by a recognized industry quotation service available to the government entity; 3. General obligation securities of any state or local government with taxing powers which is rated “A” or better by a national bond rating service, or revenue obligation securities of any state or local government with taxing powers which is rated “AA” or better by a national bond rating service; 4. General obligation securities of a local government with taxing powers may be pledged as collateral against funds deposited by that same local government entity; 5. Irrevocable standby letters of credit issued by Federal Home Loan Banks to a municipality accompanied by written evidence that the bank’s public debt is rated “AA” or better by Moody’s Investors Service, Inc. or Standard & Poor’s Corporation; and 6. Time deposits that are fully insured by any federal agency. 65 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 72 CITY OF ST. LOUIS PARK, MINNESOTA NOTES TO FINANCIAL STATEMENTS December 31, 2014 Custodial Credit Risk - deposits – Custodial credit risk is the risk that in the event of a bank failure, the City’s deposits may not be returned to it. Minnesota Statutes require that insurance, surety bonds or collateral protect all City deposits. The market value of collateral pledged must equal 110% of deposits not covered by insurance or bonds. The City has no additional deposit policies addressing custodial credit risk. As of December 31, 2014, the bank balance of the City’s deposits was $2,277,351, all of which was covered by federal depository insurance or by collateral pledged and held in the City’s name. B. INVESTMENTS Minnesota Statutes authorize the City to invest in the following: 1. Direct obligations or obligations guaranteed by the United States or its agencies, its instrumentalities, or organizations created by an act of congress, excluding mortgage-backed securities defined as high risk. 2. Shares of investment companies registered under the Federal Investment Company Act of 1940 and whose only investments are in securities described in (a) above, general obligation tax-exempt securities, or repurchase or reverse repurchase agreements. 3. State and local securities as follows: a) any security which is a general obligation of any state or local government with taxing powers which is rated “A” or better by a national bond rating service; b) any security which is a revenue obligation of any state or local government with taxing powers which is rated “AA” or better by a national bond rating service; and c) a general obligation of the Minnesota Housing Finance Agency which is a moral obligation of the State of Minnesota and is rated “A” or better by a national bond rating agency. 4. Bankers acceptance of United States banks. 5. Commercial paper issued by United States corporations or their Canadian subsidiaries, of the highest quality, and maturing in 270 days or less. 6. Repurchase or reverse repurchase agreements with banks that are members of the Federal Reserve System with capitalization exceeding $10,000,000; a primary reporting dealer in U.S. government securities to the Federal Reserve Bank of New York; certain Minnesota securities broker-dealers; or, a bank qualified as a depositor. 7. General obligation temporary bonds of the same governmental entity issued under section 429.091, subdivision 7; 469.178, subdivision 5; or 475.61, subdivision 6. 66 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 73 CITY OF ST. LOUIS PARK, MINNESOTA NOTES TO FINANCIAL STATEMENTS December 31, 2014 At December 31, 2014, the City had the following investments and maturities: Fair Less Investment Type Rating Value Than 1 1-5 6-10 11-15 4M fund NR $3,707,882 $3,707,882 $ - $ - $ - Money market mutual funds NR 32,429,585 32,429,585 - - - Certificates of deposit NR 5,471,211 1,201,207 4,270,004 - - Municipal bonds A - AAA 10,353,493 4,444,287 5,909,206 - - Federal National Mortgage Assn. AAA 4,958,910 - 4,958,910 - - Federal Home Loan Bank notes AAA 4,106,049 - 4,106,049 - - Federal Home Loan Mortgage Corp. notes AAA 998,960 - 998,960 - - Total $62,026,090 $41,782,961 $20,243,129 $0 $0 Total investments $62,026,090 Deposits 1,262,183 Bond escrow 4,047,239 Petty cash 4,585 Total cash and investments $67,340,097 Investment Maturities (in Years) C. INVESTMENT RISKS Custodial credit risk – investments – For investments in securities, custodial credit risk is the risk that in the event of failure of the counterparty to a transaction, the City will not be able to recover the value of its investment securities that are in the possession of an outside party. Investments in investment pools and money markets are not evidenced by securities that exist in physical or book entry form, and therefore are not subject to custodial credit risk disclosures. The City’s investment policy requires the City’s security broker/dealers to provide its audited financial statements, proof of NASD certification, proof of state registration, and certification of having read, understood and agreed to comply with the City’s investment policy. Investments in securities are held by the City’s broker-dealer of which $500,000 is insured through SIPC. Each broker-dealer has provided additional protection by providing additional insurance. This insurance is subject to aggregate limits applied to all of the broker-dealers accounts. Interest rate risk – Interest rate risk is the risk that changes in interest rates of debt investments could adversely affect the fair value of an investment. The City’s investment policy states the investment portfolio will remain sufficiently liquid to enable the City to meet all operating and capital requirements that might be reasonably anticipated. The maximum maturity of investments shall not extend beyond five years, unless related to specific cash flow needs. Credit Risk – Credit risk is the risk that an issuer or other counterparty to an investment will be unable to fulfill its obligation to the holder of the investment. State law limits investments to commercial paper to those rated in the highest quality category by at least two nationally recognized rating agencies; in any security of the State of Minnesota or any of its municipalities which is rated “A” or better by a national bond rating service for general obligation and rated “AA” or better for a revenue obligation; a general obligation of the Minnesota Housing Finance Agency to those rated “A” or better by a national bond rating agency; mutual funds or money market funds whose investments are restricted to securities described in MS 118A.04. The City’s 67 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 74 CITY OF ST. LOUIS PARK, MINNESOTA NOTES TO FINANCIAL STATEMENTS December 31, 2014 investment policy does not place further restrictions on investment options. The City’s external investment pool investment is with the 4M fund which is regulated by Minnesota Statutes and the Board of Directors of the League of Minnesota Cities. The 4M fund is an unrated 2a7-like pool and the fair value of the position in the pool is the same as the value of pool shares. Concentration of credit risk – Concentration of credit risk is the risk of loss that may be attributed to the magnitude of a government’s investment in a single issuer. The City’s investment policy states no more than 50% of its investment portfolio can be invested in municipal bonds or MHFA securities. Investments in a single issuer exceeding 5% of the City’s overall cash and investment portfolio are in various holdings as follows: Federal National Mortgage Assn.7.36% Federal Home Loan Bank 6.10% Note 3 RECEIVABLES A. LOANS RECEIVABLE The City has made loans to local businesses and individuals that qualify for various loan programs. The businesses and individuals pay varying installments on the loans. Depending on the loan program, some of the loans are secured by an interest in the property. Also, some of the loans are forgivable after 30 years if certain criteria are met. As of December 31, 2014, any forgiveness of loans would not occur for another 20 – 30 years. At this time, information is not available to develop an estimate for any loans which may be forgiven. Therefore, no allowance has been recorded. As loan maturity dates approach, the City will evaluate whether an allowance for forgivable loans should be recorded in the financial statements. As of December 31, 2014, the loans receivable balance was $7,651,567. 68 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 75 CITY OF ST. LOUIS PARK, MINNESOTA NOTES TO FINANCIAL STATEMENTS December 31, 2014 Significant receivable balances not expected to be collected within one year of December 31, 2014 are as follows: Special Interfund Loans Assessments Property Loans Receivable Receivable Taxes Receivable Total Major Funds: General Fund $ - $ - $291,372 $ - $291,372 Housing Rehabilitation Fund 3,027,431 28,277 - - 3,055,708 Debt Service Fund 1,640,000 - - - 1,640,000 Permanent Improvement Revolving Fund - 8,733 - - 8,733 Development EDA Fund 1,412,310 157 - 10,533,799 11,946,266 Redevelopment District Fund 693,494 - 10,821 - 704,315 Water Utility Fund - 56,310 - - 56,310 Sewer Utility Fund - 632 - - 632 Solid Waste Fund - - - - - Nonmajor Governmental Funds 426,165 5,958 - - 432,123 Total $7,199,400 $100,067 $302,193 $10,533,799 $18,135,459 Note 4 UNAVAILABLE REVENUE Governmental funds report deferred inflows of resources in connection with receivables for revenues that are not considered to be available to liquidate liabilities of the current period. At the end of the current fiscal year, the various components of unavailable revenue reported in the governmental funds were as follows: Unavailable Delinquent property taxes receivable (General Fund) $291,372 Delinquent property taxes receivable (Redevelopment District)10,821 Special assessments not yet due (Permanent Improvement Revolving)976,720 Special assessments not yet due (Housing Rehabilitation)7,216,435 Special assessments not yet due (Development EDA)328 Special assessments not yet due (Nonmajor Funds)200,101 Bond reimbursement payments not yet due (Debt Service Fund)1,675,000 Other miscellaneous (Redevelopment Districts)50,488 Other miscellaneous (General Fund)50,839 Other miscellaneous (Nonmajor Funds)21,512 Total unavailable revenue for governmental funds $10,493,616 69 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 76 CITY OF ST. LOUIS PARK, MINNESOTA NOTES TO FINANCIAL STATEMENTS December 31, 2014 Note 5 CAPITAL ASSETS In accordance with GASB Statement No. 34, the City has reported all capital assets including infrastructure in the government-wide statement of net assets. The City has elected to use the modified approach as defined by GASB Statement No. 34 for reporting of street infrastructure. As a result, no accumulated depreciation or depreciation expense has been recorded for street infrastructure. Additional information of the modified approach is presented in the Required Supplementary Information section of this report. All other capital assets including other infrastructure systems were reported using the basic approach whereby accumulated depreciation and depreciation expense have been recorded. Modified approach adjustments represent the changes due to implementation of the modified approach for infrastructure reporting. Capital asset activity for the year ended December 31, 2014 is as follows: Beginning Ending Primary Government Balance Increases Decreases Balance Governmental activities: Capital assets, not being depreciated: Land $15,018,865 $863,800 $ - $15,882,665 Infrastructure - streets 26,011,544 - - 26,011,544 Permanent easements 2,293,776 - 863,800 1,429,976 Construction in progress 991,275 1,994,305 824,762 2,160,818 Total capital assets, not being depreciated 44,315,460 2,858,105 1,688,562 45,485,003 Capital assets, being depreciated: Buildings and structures 47,439,970 32,411 - 47,472,381 Improvements other than buildings 21,460,253 253,903 160,704 21,553,452 Infrastructure - other 31,129,983 - - 31,129,983 Machinery, furniture and equipment 7,840,974 866,597 55,214 8,652,357 Fleet 7,342,739 1,695,998 811,488 8,227,249 Total capital assets, being depreciated 115,213,919 2,848,909 1,027,406 117,035,422 Less accumulated depreciation for: Buildings and structures 10,717,453 1,111,797 - 11,829,250 Improvements other than buildings 10,306,163 1,094,780 160,704 11,240,239 Infrastructure 14,061,878 1,146,538 - 15,208,416 Machinery, furniture and equipment 3,804,200 833,880 28,887 4,609,193 Fleet 4,102,576 799,903 793,361 4,109,118 Total accumulated depreciation 42,992,270 4,986,898 982,952 46,996,216 Total capital assets being depreciated - net 72,221,649 (2,137,989) 44,454 70,039,206 Governmental activities capital assets - net $116,537,109 $720,116 $1,733,016 $115,524,209 70 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 77 CITY OF ST. LOUIS PARK, MINNESOTA NOTES TO FINANCIAL STATEMENTS December 31, 2014 Beginning Ending Primary Government Balance Increases Decreases Balance Business-type activities: Capital assets, not being depreciated: Land $174,844 $ - $ - $174,844 Construction in progress 1,878 - - 1,878 Total capital assets, not being depreciated 176,722 0 0 176,722 Capital assets, being depreciated: Buildings and structures 4,767,723 - - 4,767,723 Improvements other than buildings 7,093,645 - - 7,093,645 Infrastructure 49,905,861 24,659 - 49,930,520 Machinery, furniture and equipment 5,304,396 - - 5,304,396 Total capital assets, being depreciated 67,071,625 24,659 0 67,096,284 Less accumulated depreciation for: Buildings and structures 3,578,420 127,779 - 3,706,199 Improvements other than buildings 2,384,347 289,280 - 2,673,627 Infrastructure 27,348,555 674,340 - 28,022,895 Machinery, furniture and equipment 1,989,694 335,706 - 2,325,400 Total accumulated depreciation 35,301,016 1,427,105 0 36,728,121 Total capital assets being depreciated - net 31,770,609 (1,402,446)0 30,368,163 Business-type activities capital assets - net $31,947,331 ($1,402,446)$0 $30,544,885 Depreciation expense was charged to functions/programs of the primary government as follows: Governmental activities: General government $181,422 Public safety 498,235 Engineering 9,210 Operations and recreation 2,391,928 Public information 38,813 Economic development 130,009 Internal service 1,737,281 Total depreciation expense - governmental activities $4,986,898 Business-type activities: Water $728,504 Sewer 127,112 Storm water 571,489 Total depreciation expense - business-type activities $1,427,105 71 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 78 CITY OF ST. LOUIS PARK, MINNESOTA NOTES TO FINANCIAL STATEMENTS December 31, 2014 Note 6 CITY INDEBTEDNESS The City issues general obligation bonds, to provide funds for the acquisition and construction of major capital facilities. The reporting entity’s long-term debt is segregated between the amounts to be repaid from governmental activities and amounts to be repaid from business-type activities. General obligation bonds are direct obligations and pledge the full faith and credit of the City. As of December 31, 2014, long-term debt of the City consisted of the following: Final Authorized Issue Maturity Interest And Outstanding Date Date Rates Issued 12/31/14 Governmental Activities: General Long-Term Debt: General Improvement Bonds: G.O. Improvement Bonds Series 2005A 5/25/2005 2/1/2016 3.50-3.75% $3,705,000 $895,000 G.O. Improvement Bonds Series 2010A 5/7/2010 2/1/2031 1.25-5.7% 3,105,000 2,770,000 G.O. Improvement Refunding Bonds Series 2010C 12/29/2010 2/1/2040 3.0-5.65% 1,770,000 1,675,000 G.O. Improvement Bonds Series 2010D (BABS) 12/29/2010 2/1/2032 1.25-5.15% 13,025,000 11,970,000 G.O. Improvement Bonds Series 2012A HIA 10/17/2012 2/1/2033 0.75 - 3.90% 1,290,000 1,245,000 G.O. Improvement Bonds Series 2014A 12/18/2014 2/1/2040 2.00% 5,070,000 5,070,000 Total General Improvement Bonds 27,965,000 23,625,000 Tax Increment Bonds: Tax Increment Refunding Bonds Series 2008B 12/11/2008 2/1/2024 3.25-4.63% 5,490,000 4,530,000 Total Tax Increment Bonds 5,490,000 4,530,000 Capital lease payable 2/14/2014 1/14/2019 N/A 40,500 33,075 Compensated absences payable N/A N/A N/A N/A 3,702,453 Total governmental activities 33,495,500 31,890,528 Business-Type Activities: General Obligation Revenue Bonds: Utility Revenue Bonds Series 2007A 6/5/2007 8/1/2023 4.00% 3,665,000 2,365,000 Utility Revenue Bonds Series 2008A 12/11/2008 8/1/2020 3.25-4.25% 4,075,000 2,645,000 Utility Refunding Revenue Bonds Series 2010B 5/7/2010 2/1/2025 2.0-3.5% 4,090,000 2,590,000 Utility Crossover Refunding Bonds Series 2013A 7/1/2013 8/1/2023 1.0-1.9% 4,170,000 4,170,000 Utility Revenue Bonds Series 2014A 12/18/2014 2/1/2016 2.00% 4,930,000 4,930,000 Total General Obligation Revenue Bonds 20,930,000 16,700,000 Compensated absences payable N/A N/A N/A N/A 149,606 Total business-type activities 20,930,000 16,849,606 Total City $54,425,500 $48,740,134 72 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 79 CITY OF ST. LOUIS PARK, MINNESOTA NOTES TO FINANCIAL STATEMENTS December 31, 2014 GOVERNMENTAL ACTIVITIES Annual debt service requirements to maturity for the governmental activities long-term debt are as follows: Year Ending December 31 Principal Interest Principal Interest 2015 $1,180,000 $862,127 $355,000 $185,800 2016 1,215,000 865,585 370,000 172,650 2017 1,230,000 831,099 395,000 157,813 2018 1,260,000 797,428 415,000 141,613 2019 1,280,000 760,590 435,000 124,613 2020 1,315,000 720,313 460,000 105,563 2021 1,355,000 676,981 485,000 84,300 2022 1,385,000 631,295 510,000 61,913 2023 1,420,000 583,127 535,000 38,400 2024 1,465,000 530,192 570,000 13,181 2025 1,510,000 472,626 - - 2026 1,555,000 412,875 - - 2027 1,045,000 356,131 - - 2028 1,075,000 302,564 - - 2029 1,120,000 246,608 - - 2030 1,165,000 187,819 - - 2031 1,210,000 126,481 - - 2032 1,015,000 69,578 - - 2033 160,000 40,290 - - 2034 80,000 34,505 - - 2035 85,000 30,070 - - 2036 90,000 25,323 - - 2037 95,000 20,258 - - 2038 100,000 14,870 - - 2039 105,000 9,155 - - 2040 110,000 3,108 - - Total $23,625,000 $9,610,998 $4,530,000 $1,085,846 G.O. Tax Increment Bonds Governmental ActivitiesGovernmental Activities G.O. Improvement Bonds It is not practicable to determine the specific year for payment of long-term accrued compensated absences. 73 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 80 CITY OF ST. LOUIS PARK, MINNESOTA NOTES TO FINANCIAL STATEMENTS December 31, 2014 BUSINESS-TYPE ACTIVITIES Annual debt service requirements to maturity for the business-type long-term debt are as follows: Year Ending December 31 Principal Interest 2015 $3,190,000 $380,170 2016 2,995,000 385,874 2017 1,360,000 346,480 2018 1,385,000 298,868 2019 1,410,000 249,405 2020 1,440,000 195,368 2021 945,000 137,030 2022 970,000 105,691 2023 995,000 72,351 2024 725,000 37,540 2025 745,000 19,863 2026 540,000 5,400 Total $16,700,000 $2,234,040 G.O. Revenue Bonds Governmental Activities It is not practicable to determine the specific year for payment of long-term accrued compensated absences. 74 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 81 CITY OF ST. LOUIS PARK, MINNESOTA NOTES TO FINANCIAL STATEMENTS December 31, 2014 CHANGE IN LONG-TERM LIABILITIES Long-term liability activity for the year ended December 31, 2014 was as follows: Beginning Ending Due Within Balance Additions Reductions Balance One Year Governmental activities: Bonds payable: G.O. improvement bonds $20,185,000 $5,070,000 $1,630,000 $23,625,000 $1,180,000 G.O. tax increment bonds 4,870,000 - 340,000 4,530,000 355,000 Add: Premiums on bonds 5,679 98,040 2,405 101,314 - Discounts on bonds (134,063) - (7,540) (126,523) - Total bonds payable 24,926,616 5,168,040 1,964,865 28,129,791 1,535,000 Capital lease payable - 40,500 7,425 33,075 8,100 Compensated absences 3,556,949 2,150,016 2,004,512 3,702,453 2,591,717 Total government activity long-term debt $28,483,565 $7,358,556 $3,976,802 $31,865,319 $4,134,817 Business-type activities: Bonds payable: G.O. revenue bonds $12,785,000 $4,930,000 $1,015,000 $16,700,000 $3,190,000 Add: Premiums on bonds 35,022 95,397 3,916 126,503 - Total bonds payable 12,820,022 5,025,397 1,018,916 16,826,503 3,190,000 Compensated absences 146,549 109,854 106,797 149,606 104,719 Total business-type activity long-term debt $12,966,571 $5,135,251 $1,125,713 $16,976,109 $3,294,719 For governmental activities, compensated absences are paid out of the Employee Administrative internal service fund. ADVANCE CROSSOVER REFUNDING On July 10, 2013, the City issued $4,170,000 in General Obligation Refunding Bonds, Series 2013A with an average interest rate of 1.373% to advance refund $2,145,000 of outstanding Series 2007A Bonds with an average interest rate of 4.00% and $1,840,000 of outstanding Series 2008A Bonds with an average interest rate of 4.12%. The net proceeds of $4,106,498 were used to purchase U.S. Government Securities. Those securities were deposited in an irrevocable trust with an escrow agent to provide for the interest on the refunding bonds before the crossover date and called principal on the refunded bonds on August 1, 2015 for Series 2007A Bonds and August 1, 2016 for the Series 2008A Bonds. The City advance refunded the 2007A General Obligation Utility Revenue Bonds and 2008A General Obligation Utility Revenue Bonds to reduce its total debt service payments from 2014 to 2023 by $234,091 and to obtain an economic gain (difference between the present value of the debt service payments on the old and new debt) of $215,954. The City is responsible for the debt service of the refunded bonds before the crossover date and the debt service of the refunding bonds after the crossover date. The debt service of the refunding bonds before the crossover date is payable from the escrow account. Assets held with the escrow agent total $4,047,239 at December 31, 2014. 75 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 82 CITY OF ST. LOUIS PARK, MINNESOTA NOTES TO FINANCIAL STATEMENTS December 31, 2014 Refunded Bonds Refunded Bonds Refunding Bonds Payment Date 2007A 2008A 2013A Escrow Account City 2015 $2,459,600 $499,613 $53,513 $2,198,513 $814,213 2016 - 2,340,788 363,513 1,893,513 810,788 2017 - - 790,412 - 790,412 2018 - - 793,012 - 793,012 2019 - - 795,513 - 795,513 2020 - - 801,012 - 801,012 2021 - - 284,775 - 284,775 2022 - - 290,455 - 290,455 2023 - - 290,415 - 290,415 $2,459,600 $2,840,401 $4,462,620 $4,092,026 $5,670,595 Debt Service Commitment CAPITAL LEASE PAYABLE In 2014, the City entered into a lease purchase agreement for a copier. The agreement calls for monthly payments of $675 maturing on January 14, 2019. Depreciation in the amount of $6,790 has been recorded as depreciation expense during 2014. The net book value of assets under the capital lease at December 31, 2014 is as follows: December 31, 2014 Equipment $40,500 Accumulated depreciation (6,790) Net $33,710 The following is a schedule of future minimum lease payments under the capital lease: Year Payment 2015 $8,100 2016 8,100 2017 8,100 2018 8,100 2019 675 Total $33,075 76 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 83 CITY OF ST. LOUIS PARK, MINNESOTA NOTES TO FINANCIAL STATEMENTS December 31, 2014 REVENUE PLEDGED Future revenue pledged for the payment of long-term debt is as follows: Percent of Debt service Remaining Principal Pledged Use of total as a % of Term of Principal and Interest Revenue Bond Issue Proceeds Type debt service net revenues Pledge and Interest paid received 2012A Taxable GO Housing Imp. Area Housing Improvement Area Fee 100% 47% 2012-2033 $1,663,735 $79,569 $167,656 2008B GO Tax Increment Street Improvements TIF 100% 100% 2009-2024 5,615,844 537,963 537,963 2007A GO Utility Revenue Utility Infrastructure Projects Utility charges 100% 100% 2008-2023 2,863,800 318,200 318,200 2008A GO Utility Revenue Utility Infrastructure Projects Utility charges 100% 100% 2009-2020 3,035,063 497,913 497,913 2010A Taxable GO Housing Imp. Area Housing Improvement Area Fee 100% 99% 2011-2031 4,158,123 249,608 251,854 2010B GO Utility Infrastructure Projects Utility charges/Special Assessments 100% 100% 2011-2025 2,973,779 979,668 979,668 2010C GO Refunding - Louisiana Crt Louisiana Court Project Operating revenues of La Court 100% 101% 2011-2040 3,035,073 117,680 116,513 2013A GO Crossover Refunding Utility Infrastructure Projects Utility charges 100% 100% 2013-2023 4,462,620 56,634 56,634 2014A GO Utility Revenue Utility Infrastructure Projects Utility charges 100% 0% 2015-2026 5,598,749 - - Revenue Pledged Current Year Note 7 DEFINED BENEFIT PENSION PLANS - STATEWIDE A. PUBLIC EMPLOYEES RETIREMENT ASSOCIATION (PERA) PLAN DESCRIPTION All full-time and certain part-time employees of the City are covered by defined benefit plans administered by the Public Employees Retirement Association of Minnesota (PERA). PERA administers the General Employees Retirement Fund (GERF) and the Public Employees Police and Fire Fund (PEPFF) which are cost-sharing, multiple-employer retirement plans. These plans are established and administered in accordance with Minnesota Statute, Chapters 353 and 356. GERF members belong to either the Coordinated Plan or the Basic Plan. Coordinated Plan members are covered by Social Security and Basic Plan members are not. All new members must participate in the Coordinated Plan. All police officers, firefighters and peace officers who qualify for membership by statute are covered by the PEPFF. PERA provides retirement benefits as well as disability benefits to members, and benefits to survivors upon death of eligible members. Benefits are established by State Statute, and vest after five years of credited service. The defined retirement benefits are based on a member’s highest average salary for any five successive years of allowable service, age, and years of credit at termination of service. 77 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 84 CITY OF ST. LOUIS PARK, MINNESOTA NOTES TO FINANCIAL STATEMENTS December 31, 2014 PERA issues a publicly available financial report that includes financial statements and required supplementary information for GERF and PEPFF. That report may be obtained on the internet at www.mnpera.org, by writing to PERA, 60 Empire Drive #200, St. Paul, Minnesota, 55103-2088 or by calling (651)296-7460 or 1-800-652-9026. FUNDING POLICY Minnesota Statutes Chapter 353 sets the rates for employer and employee contributions. These statutes are established and amended by the state legislature. The City makes annual contributions to the pension plans equal to the amount required by state statutes. GERF Basic Plan members and Coordinated Plan members were required to contribute 9.10% and 6.25%, respectively, of their annual covered salary in 2014. PEPFF members were required to contribute 10.2% of their annual covered salary in 2014. The City was required to contribute the following percentages of annual covered payroll in 2014: 11.78% for Basic Plan GERF members, 7.25% for Coordinated Plan GERF members, and 15.3% for PEPFF members. The City’s contributions to the Public Employees Retirement Fund for the years ending December 31, 2014, 2013 and 2012 were $956,323, $908,820, and $885,317, respectively. The City’s contributions to the Public Employees Police and Fire Fund for the years ending December 31, 2014, 2013 and 2012 were $990,260, $893,398, and $888,599, respectively. The City’s contributions were equal to the contractually required contributions for each year as set by state statute. Contribution rates will increase on January 1, 2015 in the Coordinated Plan (6.5% for members and 7.5% for employers) and in the Police and Fire Fund (10.8% for members and 16.2% for employers). Note 8 OTHER POST-EMPLOYMENT BENEFITS In 2008, the City prospectively implemented the requirement of a new accounting pronouncement, GASB Statement No. 45, Accounting and Financial Reporting by Employers for Postemployment Benefits Other than Pensions. A. PLAN DESCRIPTION In addition to providing the pension benefits described in Note 6, the City provides post- employment health care benefits (as defined in paragraph B) for retired employees through a single-employer defined benefit plan. The City’s OPEB plan is administered by the City. The authority to provide these benefits is established in Minnesota Statutes Sections 471.61 Subd. 2a, and 299A.465. The benefits, benefit levels, employee contributions and employer contributions are governed by the City and can be amended by the City through its personnel manual and collective bargaining agreements with employee groups. The Plan is not accounted for as a trust fund, as an irrevocable trust has not been established to account for the Plan. The Plan does not issue a separate report. 78 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 85 CITY OF ST. LOUIS PARK, MINNESOTA NOTES TO FINANCIAL STATEMENTS December 31, 2014 B. BENEFITS PROVIDED Retirees The City is required by State Statute to allow retirees to continue participation in the City’s group health insurance plan if the individual terminates service with the City through service retirement or disability retirement. Police officers, firefighters, sergeants, and dispatchers age 50 and over with 3 years of service, or age 65 with 1 year of service may continue medical and dental coverage at their own expense. Non-union and 49ers union employees age 55 with 3 years of service, age 65 with 1 year of service, any age with 30 years of service, or those whose age plus service is at least 90 may continue medical and dental coverage at their own expense. Employees may obtain dependent coverage at retirement only if the employee was receiving dependent coverage immediately prior to retirement. The surviving spouse of an active employee may continue coverage in the group health insurance plan after the employee’s death. All health care coverage is provided through the City’s group health insurance plans. The retiree is required to pay 100% of their premium cost for the City-sponsored group health insurance plan in which they participate. The premium is a blended rate determined on the entire active and retiree population. Since the projected claims costs for retirees exceed the blended premium paid by retirees, the retirees are receiving an implicit rate subsidy (benefit). The coverage levels are the same as those afforded to active employees. Upon a retiree reaching age 65, Medicare becomes the primary insurer and the City’s plan becomes secondary. C. PARTICIPANTS As of the actuarial valuation dated January 1, 2013, participants consisted of: Retirees and beneficiaries currently purchasing health insurance through the City 24 Active employees 236 Total 260 Participating employers 1 D. FUNDING POLICY The additional cost of using a blended rate for actives and retirees is currently funded on a pay-as- you-go basis. Contribution requirements are negotiated between the City and union representatives and established by Council for nonunion groups. 79 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 86 CITY OF ST. LOUIS PARK, MINNESOTA NOTES TO FINANCIAL STATEMENTS December 31, 2014 E. ANNUAL OPEB COSTS AND NET OPEB OBLIGATION The City’s annual other post employment benefit (OPEB) cost is calculated based on the annual required contribution (ARC) of the employer, an amount actuarially determined in accordance with the parameters of GASB Statement No. 45. The ARC represents a level of funding that, if paid on an ongoing basis, is projected to cover normal cost each year and amortize any unfunded actuarial liabilities (or funding excess) over a period not to exceed 30 years. The net OPEB obligation as of December 31, 2014, was calculated as follows: Annual required contribution (ARC)$617,946 Interest on net OPEB obligation 77,796 Adjustment to ARC (112,474) Annual OPEB cost 583,268 Contributions made during the year (253,808) Increase (decrease) in net OPEB obligation 329,460 Net OPEB obligation - beginning of year 1,944,907 Net OPEB obligation - end of year $2,274,367 For governmental activities, the net OPEB obligation has been and is anticipated to be liquidated by the Employee Administrative internal service fund. The City’s annual OPEB cost, the percentage of annual OPEB cost contributed to the plan and the net OPEB obligation for the previous three years was as follows: Percentage of Fiscal Year Annual OPEB Employer Annual OPEB Cost Net OPEB Ended Cost Contributions Contributed Obligation December 31, 2012 $377,765 $105,185 27.8% $1,604,719 December 31, 2013 573,578 233,390 40.7% 1,944,907 December 31, 2014 583,268 253,808 43.5%2,274,367 80 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 87 CITY OF ST. LOUIS PARK, MINNESOTA NOTES TO FINANCIAL STATEMENTS December 31, 2014 F. FUNDED STATUS AND FUNDING PROGRESS The City currently has no assets that have been irrevocably deposited in a trust for future health benefits, therefore, the actuarial value of assets is zero. The funded status of the plan was as follows: Unfunded Actuarial Actuarial UAAL as a Actuarial Actuarial Accrued Accrued Funded Covered Percentage of Valuation Value of Assets Liability (AAL)*Liability (UAAL) Ratio Payroll Covered Payroll Date (a) (b) (b-a) (a/b) (c) ( (b-a) / c) January 1, 2013 $0 $5,140,716 $5,140,716 0.0% $17,338,372 29.6% *Using the Projected Unit Credit cost method. G. ACTUARIAL METHODS AND ASSUMPTIONS Actuarial valuations of an ongoing plan involve estimates of the value of reported amounts and assumptions about the probability of occurrence of events far into the future. Examples include assumptions about future employment, mortality and the health care cost trend. Amounts determined regarding the funded status of the plan and the annual required contributions (ARC) of the employer are subject to continual revision as actual results are compared with past expectations and new estimates are made about the future. The schedule of funding progress, presented as required supplementary information following the notes to financial statements, presents multi-year trend information that shows whether the actuarial value of plan assets is increasing or decreasing over time relative to the actuarial accrued liabilities for benefits. Projections of benefits for financial reporting purposes are based on the substantive plan (the plan as understood by the employer and plan members) and include the types of benefits provided at the time of each valuation and the historical pattern of sharing of benefit costs between the employer and plan members to that point. The actuarial methods and assumptions used include techniques that are designed to reduce the effect of short-term volatility in actuarial accrued liabilities and the actuarial value of assets, consistent with the long-term perspective of the calculations. In the January 1, 2013 actuarial valuation, the Projected Unit Credit cost method was used. The actuarial assumptions included a 4.0% investment rate of return (net of administrative expenses) and an initial annual health care cost trend rate of 8% reduced by .5% each year to arrive at an ultimate health care cost trend rate of 5.0%, which includes a 3% inflation assumption. The actuarial value of assets was $0. The plan’s unfunded actuarial accrued liability is being amortized using the level dollar over 30 years on an open basis. The remaining amortization period at December 31, 2014 was 30 years. 81 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 88 CITY OF ST. LOUIS PARK, MINNESOTA NOTES TO FINANCIAL STATEMENTS December 31, 2014 Note 9 INTERFUND RECEIVABLES, PAYABLES AND TRANSFERS The City has established interfund loans to finance infrastructure improvements, project reimbursements, housing rehabilitation loans and to provide initial financing for TIF districts. A summary at December 31, 2014 is as follows: Interfund Interfund Loan Loan Receivable Payable Major Funds: Housing Rehabilitation $ - $2,524,339 Development EDA 10,533,799 - Redevelopment District - 8,009,460 Total $10,533,799 $10,533,799 The City provides temporary advances to funds that have insufficient cash balances by means of an advance from another fund shown as due from other funds in the advancing fund, and a due to other fund in the fund with the deficit, until adequate resources are received. Amounts reported as due to/from other funds at December 31, 2014 are as follows: Due From Due To Other Funds Other Funds Major Funds: PIR $44,004 $ - Other: Community development - 44,004 Total $44,004 $44,004 82 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 89 CITY OF ST. LOUIS PARK, MINNESOTA NOTES TO FINANCIAL STATEMENTS December 31, 2014 Interfund transfers at December 31, 2014 are as follows: Transfers Transfers Notes #'s In Out Notes #'s General Fund (3) (5) $1,827,564 $1,057,425 (1) (7) Housing Rehabilitation Fund (1) (8) 337,039 338,361 (3) (4) Debt Service Fund (4) (6) (8) 1,327,137 227,039 (4) (6) PIR Fund (4) - 863,146 (1) (2) (5) Sidewalk and Trails - 1,462,778 Streets Capital Projects Fund (2) (5) 15,695,587 - EDA Fund - 228,597 (2) (4) (10) Redevelopment Districts Fund (9) (10) 47,356 8,610,440 (1) (2) (4) (9) Nonmajor Governmental Fund (2) 82,446 2,453,219 (2) (3) (7) Water Fund - 2,856,820 (2) (3) (7) Sewer Fund - 1,904,495 (2) (3) (7) Solid Waste Fund - 207,947 (3) (7) Storm Water Fund - 1,025,833 (2) (3) (7) Internal Service Fund (1) (7) 1,918,971 - $21,236,100 $21,236,100 (1) To achieve fund balance policy and long term sustainability. (2) Funding for capital improvements projects (3) For administrative and overhead costs of the General Fund. (4) Funding for debt service payments. (5) Transfer for special assessments. (6) Louisiana Court interest on reserve to debt service. (7) Funding for technology replacement. (8) Close out general obligation debt service funds. (9) Reallocate portion of construction assist program (CAP) loan (10) Transfer admin costs Interfund transfers allow the City to allocate financial resources to the funds that receive benefit from services provided by another fund or to establish or close funds. All of the City’s interfund transfers fall under these categories and are considered routine and consistent with previous practices. 83 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 90 CITY OF ST. LOUIS PARK, MINNESOTA NOTES TO FINANCIAL STATEMENTS December 31, 2014 Note 10 FUND BALANCE/NET POSITION A. CLASSIFICATIONS At December 31, 2014, a summary of the governmental fund balance classifications are as follows: Major Funds: General Fund: Nonspendable - prepaid items $48,522 Nonspendable - inventory 349,351 Restricted for E-911 purposes 492,223 Assigned for Inspections 550,000 Assigned for DWI enforcement 146,293 Housing Rehabilitation: Nonspendable - long-term loans receivable 3,027,431 Debt Service Funds: Restricted for debt service 1,882,726 Permanent Improvement Revolving: Assigned for capital improvements 2,612,122 Development EDA: Nonspendable - long-term loans receivable 1,412,310 Nonspendable - land held for resale 2,256,216 Assigned for redevelopment efforts 20,252,412 Sidewalks and trails: Assigned for sidewalks, trails and bikeway 2,967,207 Streets Capital Projects Assigned for street construction projects 3,706,311 Redevelopment District: Restricted for tax increment purposes 3,528,387 Other Governmental Funds: Nonspendable - long-term loans receivable 426,165 Restricted for cable tv equipment purchases 618,334 Restricted for police and fire purchases 3,180,914 Committed for cable tv programming 483,590 Assigned for cable tv programming 506,076 Assigned for special service districts 317,566 Assigned for development of parks 3,584,546 Assigned for street rehabilitation 1,086,362 All Governmental Funds: Unassigned 5,756,971 Total fund balance $59,192,035 84 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 91 CITY OF ST. LOUIS PARK, MINNESOTA NOTES TO FINANCIAL STATEMENTS December 31, 2014 At December 31, 2014, the City reported $10,971,995 of restricted net position on the Statement of Net Position as follows: Restricted for: Tax increment $3,528,387 E-911 purposes 492,223 Debt service 3,152,137 Cable TV equipment 618,334 Police and fire purposes 3,180,914 Total $10,971,995 B. MINIMUM FUND BALANCE POLICY The City Council has formally adopted a fund balance policy for the General Fund. The policy establishes a year-end target of unassigned fund balance amount for cash flow timing needs in the range of 35-50% of the subsequent years budget expenditures. At December 31, 2014, the unassigned fund balance for the General Fund was 45% of the subsequent year’s budgeted expenditures. Note 11 DEFICIT FUND BALANCE/NET POSITION At December 31, 2014, individual funds with deficit fund balance/net position are as follows: Amount Future Financing Source Redevelopment District: Eliot Park TIF District $12,743 Future tax increment Ellipse TIF District 55,987 Future tax increment HRA Levy 4,449,644 General property tax levy Edgewood TIF District 579 Future tax increment Elmwood Village 2,225,970 Future tax increment Hard Coat TIF District 136,190 Future tax increment Internal Service Funds: Employee Administrative 4,905,713 Future transfers Total $11,786,826 85 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 92 CITY OF ST. LOUIS PARK, MINNESOTA NOTES TO FINANCIAL STATEMENTS December 31, 2014 Note 12 COMMITMENTS AND CONTINGENCIES A. RISK MANAGEMENT The City is exposed to various risks of loss related to torts; theft of, damage to, and destruction of assets; errors and omissions; injuries to employees; and natural disasters. The City continues to carry commercial insurance for risks of loss, including workers compensation, property and general liability and employee health and accident insurance. There were no significant reductions in insurance from the previous year or settlements in excess of insurance coverage for any of the past three fiscal years. PROPERTY AND CASUALTY INSURANCE Property and casualty insurance coverage is provided through the League of Minnesota Cities Insurance Trust (LMCIT), a public entity risk pool currently operating as a common risk management and insurance program for Minnesota cities: general liability, excess liability property, automobile, marine, crime, employee dishonesty, boiler and open meeting law. The City pays an annual premium to the LMCIT for its insurance coverage. The LMCIT is self- sustaining through member premiums and reinsures through commercial companies for claims in excess of various amounts. The City retains risk for the deductible portions of the insurance policies. The deductible amounts are $50,000 for each occurrence and a $150,000 annual aggregate. Current State Statute (Minnesota Statute subd. 466.04) provides limits of liability for the City. These limits are that the combination of defense expense and indemnification expense shall not exceed $500,000 in the case of one claimant or $1,500,000 for any number of claims arising out of a single occurrence. WORKERS COMPENSATION INSURANCE Up until December 1, 2003, the City was self-insured on workers compensation coverage up to maximum claim losses of $280,000. Individual claim amounts in excess of $280,000 are covered by the State of Minnesota’s Workers Compensation Reinsurance Association (WCRA) as required by law. The City carried an excess employer’s liability indemnity policy as well as an employer’s liability policy which limited the City’s exposure. The maximum retention for each accident was $626,861 under the excess liability policy and $750,000 under the employer’s liability policy. After December 1, 2003, the City is insured through the LMCIT for workers compensation. The City established the Uninsured Loss Fund to account for and finance its uninsured risk of loss related to injuries to employees. Under this program, the Uninsured Loss Fund provides coverage for maximum individual claims losses of $280,000 or $626,861 per accident. Premiums are paid into the Internal Service Fund by all other funds and are available to pay claims, claim reserves and administrative costs of the program. At December 31, 2014, the estimated liability for unpaid claims was immaterial and therefore, has not been recorded in the financial statements. 86 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 93 CITY OF ST. LOUIS PARK, MINNESOTA NOTES TO FINANCIAL STATEMENTS December 31, 2014 B. LITIGATION The City attorney has indicated that existing and pending lawsuits, claims and other actions in which the City is a defendant are either covered by insurance; of an immaterial amount; or, in the judgment of the City attorney, remotely recoverable by plaintiffs. C. FEDERAL AND STATE FUNDS The City receives financial assistance from federal and state governmental agencies in the form of grants. The disbursement of funds received under these programs generally requires compliance with the terms and conditions specified in the grant agreements and is subject to audit by the grantor agencies. Any disallowed claims resulting from such audits could become a liability of the applicable fund. However, in the opinion of management, any such disallowed claims will not have a material effect on any of the financial statements of the individual fund types included herein or on the overall financial position of the City at December 31, 2014. D. TAX INCREMENT DISTRICTS The City’s tax increment districts are subject to review by the State of Minnesota Office of the State Auditor (OSA). Any disallowed claims or misuse of tax increments could become a liability of the applicable fund. Management has indicated that they are not aware of any instances of noncompliance which would have a material effect on the financial statements. The City has issued several tax increment pay-as-you-go revenue notes. These notes are not a general obligation of the City and are payable solely from tax increments. Accordingly, these notes are not reflected in the financial statements of the City. Details of the pay-as-you-go revenue notes are as follows: Hoigaard Village - Tax Exempt Tax Increment Financing Revenue Bonds, Series 2010A – issued in 2010, with a principal sum of $3,495,000, and an interest rate ranging from 1.50% - 5.00% per annum. Semi-annual principal and interest payments shall be paid commencing February 1, 2011 and continuing through February 1, 2023. Payments are payable solely from available tax increment, and the City shall have no obligation to pay any unpaid balance that may remain after the final payment on February 1, 2023. At December 31, 2014 the principal amount outstanding on the bonds was $2,610,000. Hoigaard Village - Tax Increment Financing Revenue Note, Series 2010B – issued in 2010, with a principal sum of $935,000, and an interest rate ranging from 1.50 – 5.00% per annum. Semi- annual principal and interest payments shall be paid commencing February 1, 2011 and continuing through February 1, 2023. Payments are payable solely from available tax increment, and the City shall have no obligation to pay any unpaid balance that may remain after the final payment on February 1, 2023. At December 31, 2014 the principal amount outstanding on the note was $691,572. 87 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 94 CITY OF ST. LOUIS PARK, MINNESOTA NOTES TO FINANCIAL STATEMENTS December 31, 2014 E. LOUISIANA COURT PROJECT The City of St. Louis Park has entered into an agreement with Project for Pride in Living Louisiana Court Limited Partnership to issue $4,505,000 in General Obligation Bonds – Series 2000A for the purpose of acquiring and renovating certain rental housing facilities within the City of St. Louis Park intended primarily for low and moderate income persons and their families. During 2010, the 2000A bonds were refunded by the $1,770,000 General Obligation Refunding Bonds, Series 2010C. The City of St. Louis Park will receive monthly principal and interest payments from Project for Pride in Living Louisiana Court Limited Partnership to cover all debt service obligations of the City of St. Louis Park on a semi-annual basis. In the event that the City of St. Louis Park does not receive payment from Project for Pride in Living, the City of St. Louis Park is still under obligation to make all debt service payments. At such time, the City of St. Louis Park would pursue collection of above referenced principal and interest payments per the agreement dated May 1, 2000. As of December 31, 2014, the outstanding amount on the bonds is $1,675,000. F. ECONOMIC DEVELOPMENT AUTHORITY The Economic Development Authority (EDA) entered into a development agreement in 1993 with Park Nicollet for the redevelopment of a former landfill site on Excelsior Boulevard and within the Excelsior Boulevard tax increment district. A Hazardous Substance Tax Increment financing subdistrict (HSTI) was also established at this time to pay the costs associated with the environmental remediation. The development agreement between the EDA and Park Nicollet established a payment schedule for the EDA to reimburse Park Nicollet from the HSTI tax increment for the costs of the remediation. Based upon an initial estimate of $11,050,000 in remediation costs over 30 years, the development agreement established a cap to the EDA’s share of these costs at $9,000,000. Park Nicollet is responsible for $2,050,000 and any costs exceeding the total estimate of $11,050,000. Reimbursements to Park Nicollet are limited to the increment revenue from the HSTI. The costs associated with remediation are approximately $6,225,000. With Park Nicollet responsible for the first $1,250,000, the EDA’s liability is estimated to be $4,975,000. The development agreement stipulates EDA reimbursements to begin in 1998 and continue through 2022. The obligation was paid off in 2012 and the District was decertified in 2013. 88 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 95 CITY OF ST. LOUIS PARK, MINNESOTA NOTES TO FINANCIAL STATEMENTS December 31, 2014 G. CONSTRUCTION COMMITMENTS The City has active construction projects as of December 31, 2014. The projects include street construction in areas with newly developed housing, widening and construction of existing streets and bridges, and the construction of additional storm sewer and utility improvements. At year end the City’s commitments with contractors are as follows: Remaining Project Commitment 2010 LED Countdown Pedestrian Indicators $16,287 2013 Local Street Rehab (contract 35-13)139,035 2014 Local Street Rehab - Area #2 376,807 2014 Random Concrete repairs 132,092 37th St Bridge (contract 87-13)53,235 Assessment of storm water basins 11,536 Assist City with CD-RAP 73,440 Commercial Meter Replacement 95,198 Fern Hill Park Paving 10,400 Fire Station #1 11,600 Fire Station Construction 101,587 Fire Station Construction 101,587 Flood Area #25 (27th & Jersey)47,814 France Avenue Sidewalk Improvements 14,505 Glenhurst Lift Station 14,211 Hwy 7 & Louisiana Interchange (final design)16,481 Hwy 7 & Louisiana Interchange (Phase I/II)10,127 Hwy 7 at Louisiana (contract 65-13)115,510 Hwy 7 at Louisiana construction support (contract 55-13) 81,802 Hwy 7/Wooddale Interchange 10,596 Hydrant flow testing 27,044 Lift Station No. 1 18,993 Louisiana Ave Bridge (contract 87-13)55,657 MSA Street Improvement 87,063 Northside Park 11,570 Rehab EWT #3 (contract 48-13)24,989 Street Improvement for Excelsior Blvd 12,134 SW Regional Trail at Beltline Blvd 12,537 Well Redevelopment (City Cont #121-11)25,403 Total commitments $1,709,240 89 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 96 CITY OF ST. LOUIS PARK, MINNESOTA NOTES TO FINANCIAL STATEMENTS December 31, 2014 Note 13 CONDUIT DEBT OBLIGATIONS From time to time, the City has issued industrial, hospital or housing revenue bonds to provide financial assistance to private-sector entities for the acquisition and construction of industrial, commercial or housing facilities deemed to be in the public interest. The bonds are secured by the property financed and are payable solely from payments received on the underlying mortgage loans. Upon repayment of the bonds, ownership of the acquired facilities transfers to the private-sector entity served by the bond issuance. Neither the City, the State, nor any political subdivision thereof is obligated in any manner for repayment of the bonds. Accordingly, the bonds are not reported as liabilities in the accompanying financial statements. As of December 31, 2014, there were 13 revenue bonds issued. The aggregate principal amount payable as of December 31, 2014 is $433,855,299. Note 14 RECENTLY ISSUED ACCOUNTING STANDARDS The Governmental Accounting Standards Boards (GASB) recently approved the following statements which were not implemented for these financial statements: Statement No. 68 Accounting and Financial Reporting for Pensions – an amendment of GASB Statement 27. The provisions of this Statement are effective for financial statements for periods beginning after June 15, 2014. Statement No. 68 requires governments providing defined benefit pensions to recognize their long-term obligation for pension benefits as a liability for the first time. Statement No. 71 Pension Transition for Contributions Made Subsequent to the Measurement Date – an amendment of GASB Statement No. 68. The provisions of this Statement should be applied simultaneously with the provisions of Statement 68. Statement No. 72 Fair Value Measurement and Application. The provisions of this Statement are effective for financial statements for periods beginning after June 15, 2015. The effect these standards may have on future financial statements is not determinable at this time, but it is expected that Statements No. 68 and No. 71 will have a material impact. 90 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 97 REQUIRED SUPPLEMENTARY INFORMATION 91 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 98 CITY OF ST. LOUIS PARK, MINNESOTA REQUIRED SUPPLEMENTARY INFORMATION Statement 9 BUDGETARY COMPARISON SCHEDULE - GENERAL FUND Page 1 of 4 For The Year Ended December 31, 2014 With Comparative Actual Amounts For The Year Ended December 31, 2013 Budgeted Amounts Original Final Revenues: Property taxes $21,157,724 $21,157,724 $21,176,543 $18,819 $21,987,968 Licenses and permits: Business regulatory licenses 523,618 523,618 617,861 94,243 530,422 Non-business licenses and permits 2,167,900 2,167,900 2,795,822 627,922 2,538,668 Total licenses and permits 2,691,518 2,691,518 3,413,683 722,165 3,069,090 Intergovernmental: Federal 11,500 11,500 50,575 39,075 466,643 State shared taxes: Highway user tax 500,000 500,000 549,515 49,515 475,217 Market value homestead credit - - - - 59 Insurance premium tax 545,000 545,000 604,526 59,526 580,168 State of Minnesota: Other 69,170 69,170 75,527 6,357 349,929 PERA 45,205 45,205 45,205 - 45,205 Police training reimbursement 20,000 20,000 15,125 (4,875) 16,746 School district 56,702 56,702 57,375 673 62,050 Other local governments 35,200 35,200 1,624 (33,576) 32,581 Total intergovernmental 1,282,777 1,282,777 1,399,472 116,695 2,028,598 Charges for services: General government 696,268 696,268 721,268 25,000 673,588 Public safety 100,050 100,050 128,477 28,427 88,664 Public works - signals/lighting - - - - 50 Culture and red 1,066,900 1,066,900 1,027,284 (39,616) 1,021,682 Rent of City property 1,057,469 1,057,469 1,112,939 55,470 997,696 Total charges for services 2,920,687 2,920,687 2,989,968 69,281 2,781,680 Fines and forfeits: Municipal court 300,000 300,000 333,849 33,849 302,095 Liquor violations 12,000 12,000 20,000 8,000 1,500 Property forfeits 8,000 8,000 14,877 6,877 7,357 Miscellaneous violations 150 150 820 670 930 Total fines and forfeits 320,150 320,150 369,546 49,396 311,882 Investment income 150,000 150,000 119,831 (30,169) 14,180 Miscellaneous 67,350 67,350 200,944 133,594 78,303 Total revenues 28,590,206 28,590,206 29,669,987 1,079,781 30,271,701 2014 Actual Amounts Variance with Final Budget - Positive (Negative) 2013 Actual Amounts 92 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 99 CITY OF ST. LOUIS PARK, MINNESOTA REQUIRED SUPPLEMENTARY INFORMATION Statement 9 BUDGETARY COMPARISON SCHEDULE - GENERAL FUND Page 2 of 4 For The Year Ended December 31, 2014 With Comparative Actual Amounts For The Year Ended December 31, 2013 Budgeted Amounts Expenditures:Original Final General government: Administration: Current: Personal services $470,804 $470,804 $475,610 ($4,806) $394,189 Supplies 3,000 3,000 3,003 (3) 1,233 Other services and charges 379,261 379,261 415,146 (35,885) 404,950 Total administration 853,065 853,065 893,759 (40,694) 800,372 General services: Supplies 15,000 15,000 66,779 (51,779) 20,428 Other services and charges 334,284 202,360 31,785 170,575 311,340 Capital outlay 60,000 60,000 - 60,000 - Total general services 409,284 277,360 98,564 178,796 331,768 Human resources: Current: Personal services 582,518 582,518 624,984 (42,466) 576,565 Supplies 2,000 2,000 11,968 (9,968) 2,117 Other services and charges 117,600 117,600 160,766 (43,166) 161,287 Total human resources 702,118 702,118 797,718 (95,600) 739,969 Communications, marketing and community outreach Current: Personal services 360,907 360,907 361,665 (758) 141,491 Materials and supplies 27,600 27,600 24,824 2,776 - Other services and charges 264,285 264,285 260,060 4,225 88,251 Total communications, etc.652,792 652,792 646,549 6,243 229,742 Technology and support services: Current: Personal services 731,479 731,479 726,670 4,809 820,231 Materials and supplies 7,500 7,500 3,440 4,060 25,024 Other services and charges 718,000 718,000 668,314 49,686 752,554 Total technology and support services 1,456,979 1,456,979 1,398,424 58,555 1,597,809 Accounting: Current: Personal services 490,734 490,734 491,721 (987) 462,903 Materials and supplies 3,000 3,000 2,361 639 2,021 Other services and charges 238,656 331,123 328,547 2,576 306,773 Total accounting 732,390 824,857 822,629 2,228 771,697 Assessing: Current: Personal services 547,494 547,494 548,300 (806) 532,226 Materials and supplies 1,250 1,250 1,069 181 891 Other services and charges 11,005 11,005 11,224 (219) 9,771 Total assessing 559,749 559,749 560,593 (844) 542,888 2014 Actual Amounts Variance with Final Budget - Positive (Negative) 2013 Actual Amounts 93 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 100 CITY OF ST. LOUIS PARK, MINNESOTA REQUIRED SUPPLEMENTARY INFORMATION Statement 9 BUDGETARY COMPARISON SCHEDULE - GENERAL FUND Page 3 of 4 For The Year Ended December 31, 2014 With Comparative Actual Amounts For The Year Ended December 31, 2013 Budgeted Amounts Expenditures: (continued)Original Final General government: (continued) Facilities maintenance: Current: Personal services $385,074 $385,074 $393,929 ($8,855) $375,353 Materials and supplies 89,000 89,000 78,096 10,904 92,576 Other services and charges 579,641 579,641 567,674 11,967 590,200 Total facilities maintenance 1,053,715 1,053,715 1,039,699 14,016 1,058,129 Community development: Current: Personal services 1,137,167 1,137,167 1,108,181 28,986 1,082,306 Materials and supplies 1,300 1,300 775 525 716 Other services and charges 13,000 13,000 9,489 3,511 7,192 Total community development 1,151,467 1,151,467 1,118,445 33,022 1,090,214 Total general government 7,571,559 7,532,102 7,376,380 155,722 7,162,588 Public safety: Police: Current: Personal services 6,936,522 6,936,522 7,148,110 (211,588) 6,678,543 Materials and supplies 124,850 124,850 137,665 (12,815) 127,200 Other services and charges 432,443 432,443 406,654 25,789 398,043 Total police 7,493,815 7,493,815 7,692,429 (198,614) 7,203,786 Fire protection: Current: Personal services 3,067,770 3,067,770 3,095,564 (27,794) 2,891,395 Materials and supplies 79,700 79,700 116,049 (36,349) 99,116 Other services and charges 310,691 310,691 324,938 (14,247) 255,650 Capital outlay - - - - - Total fire protection 3,458,161 3,458,161 3,536,551 (78,390) 3,246,161 Inspection services: Current: Personal services 1,907,419 1,907,419 1,765,255 142,164 1,790,043 Materials and supplies 14,000 14,000 6,822 7,178 7,655 Other services and charges 84,781 84,781 94,709 (9,928) 134,323 Total inspection services 2,006,200 2,006,200 1,866,786 139,414 1,932,021 Total public safety 12,958,176 12,958,176 13,095,766 (137,590) 12,381,968 2014 Actual Amounts Variance with Final Budget - Positive (Negative) 2013 Actual Amounts 94 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 101 CITY OF ST. LOUIS PARK, MINNESOTA REQUIRED SUPPLEMENTARY INFORMATION Statement 9 BUDGETARY COMPARISON SCHEDULE - GENERAL FUND Page 4 of 4 For The Year Ended December 31, 2014 With Comparative Actual Amounts For The Year Ended December 31, 2013 Budgeted Amounts Expenditures: (continued)Original Final Operations and recreation: Public works administration: Current: Personal services $198,994 $198,994 $227,126 ($28,132) $273,220 Materials and supplies 6,000 6,000 2,289 3,711 4,585 Other services and charges 18,000 18,000 6,889 11,111 10,391 Total public works administration 222,994 222,994 236,304 (13,310) 288,196 Public works operations: Current: Personal services 1,291,688 1,291,688 1,355,662 (63,974) 1,381,618 Materials and supplies 474,700 474,700 526,351 (51,651) 565,765 Other services and charges 858,783 858,783 739,462 119,321 773,257 Total public works operations 2,625,171 2,625,171 2,621,475 3,696 2,720,640 Culture and recreation: Current: Personal services 3,870,186 3,870,186 3,850,145 20,041 3,697,433 Materials and supplies 975,365 975,365 942,986 32,379 952,464 Other services and charges 1,697,175 1,736,632 1,719,606 17,026 1,786,885 Total culture and recreation 6,542,726 6,582,183 6,512,737 69,446 6,436,782 Total operations and recreation 9,390,891 9,430,348 9,370,516 59,832 9,445,618 Engineering: Current: Personal services 385,029 385,029 120,586 264,443 193,296 Materials and supplies 8,900 8,900 14,049 (5,149) 5,886 Other services and charges 113,067 113,067 88,858 24,209 97,214 Total engineering 506,996 506,996 223,493 283,503 296,396 Total expenditures 30,427,622 30,427,622 30,066,155 361,467 29,286,570 Revenues over (under) expenditures (1,837,416) (1,837,416) (396,168) 1,441,248 985,131 Other financing sources (uses): Transfers in 1,837,416 1,837,416 1,827,564 (9,852) 2,886,719 Transfers out - - (1,057,425) (1,057,425) (60,000) Total other financing sources (uses) 1,837,416 1,837,416 770,139 (1,067,277) 2,826,719 Net change in fund balance $0 $0 373,971 $373,971 3,811,850 Fund balance - January 1 15,788,766 11,976,916 Fund balance - December 31 $16,162,737 $15,788,766 Actual Amounts Variance with Final Budget - Positive (Negative) 2013 Actual Amounts 2014 95 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 102 CITY OF ST. LOUIS PARK, MINNESOTA REQUIRED SUPPLEMENTARY INFORMATION Statement 10 SCHEDULE OF FUNDING PROGRESS - POST EMPLOYMENT BENEFIT PLAN For The Year Ended December 31, 2014 Unfunded Actuarial Actuarial Actuarial UAAL as a Actuarial Value of Accrued Accrued Funded Covered Percentage of Valuation Assets Liability (AAL)* Liability (UAAL) Ratio Payroll Covered Payroll Date (a)(b)(b-a)(a/b)(c) ( (b-a) / c) January 1, 2009 $ - $3,260,061 $3,260,061 0.0% $16,906,064 19.3% January 1, 2011 $ - $3,081,141 $3,081,141 0.0% $16,962,171 18.2% January 1, 2013 $ - $5,140,716 $5,140,716 0.0% $17,338,372 29.6% *Using the projected unit credit actuarial pay cost method. 96 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 103 CITY OF ST. LOUIS PARK REQUIRED SUPPLEMENTARY INFORMATION BUDGETARY COMPARISON SCHEDULE NOTE TO RSI December 31, 2014 Note A LEGAL COMPLIANCE – BUDGETS The General Fund budget is legally adopted on a basis consistent with accounting principles generally accepted in the United States of America. The legal level of budgetary control is at the department level for the major funds. Note B MODIFIED APPROACH FOR CITY STREETS AND TRAILS INFRASTRUCTURE CAPITAL ASSETS In accordance with GASB Statement No. 34, the City is required to account for and report infrastructure capital assets. The City defines infrastructure as the basic physical assets including the street and trail system; water treatment and distribution system; wastewater collection system; park and recreation lands and improvement system; storm water conveyance system; and building combined with site amenities such as parking and landscape areas used by the City in the conduct of its business. Each major infrastructure can be divided into subsystems. For example, the street and trail system can be divided into pavement widths, curb type and sidewalk. City owned streets could further be classified as collector or local. Subsystem detail is not presented in these basic financial statements; however, the City maintains detailed information on these subsystems. The City elects to use the modified approach as defined in GASB Statement No. 34 for infrastructure reporting for its Pavement Management Program. Under GASB Statement No. 34, eligible infrastructure capital assets are not required to be depreciated under the following requirements: 1) The City manages the eligible infrastructure capital assets using an asset management system with characteristics of (1) an up to-date inventory; (2) perform condition assessments and summarize the results using a measurement scale; and (3) estimate annual amount to maintain and preserve at the established condition assessment level. 2) The City documents that the eligible infrastructure capital assets are being preserved approximately at or above the established and disclosed condition assessment level. The City’s policy relative to maintaining the street and trail assets is to achieve an average rating of “Good” for all segments. This acceptable rating allows minor cracking and patching of the pavement along with minor roughness that could be noticeable to the users of the system. 97 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 104 CITY OF ST. LOUIS PARK REQUIRED SUPPLEMENTARY INFORMATION BUDGETARY COMPARISON SCHEDULE NOTE TO RSI December 31, 2014 In the Fall of 2014, the City conducted a physical condition assessment of five of eight areas of the City. This assessment will be performed every two years. Each street segment was assigned a physical condition based on potential defects. An Overall Condition Index (OCI) was assigned to each street and expressed in a continuous scale from 0 to 100, where 0 is assigned to the least acceptable physical condition and 100 is assigned the physical characteristics of a new street. The following conditions were defined: Range Description 86 - 100 Excellent 71 - 85 Very good 56 - 70 Good 41 - 55 Fair 26 - 40 Poor 11 - 25 Very poor 0 - 10 Failed As of December 31, 2014, the City’s street and trail system was rated at an OCI index of 70 on the average with detail condition as follows: Condition % of Streets and Trails Excellent to Good 48.2% Fair 22.6% Poor to Substandard 29.2% The City’s streets are constantly deteriorating resulting from the following factors: (1) traffic using the system; (2) the sun’s ultra-violet rays drying out and breaking down the top layer of pavement; (3) utility company/private development trenching operations; (4) water damage from natural precipitation; and (5) frost heave. The City is continuously taking actions to prolong the life of the system through short-term maintenance activities such as pothole patching, crack sealing, seal coating and overlaying. The City expended $1,973,160 on street maintenance for the year ending December 31, 2014. These expenditures delayed deterioration; however, the overall condition of the system was not improved through these maintenance expenditures. The City has estimated that the amount of annual expenditures through 2022 required to maintain the City’s street system at the average OCI rating of “good” is approximately $2,300,000. Year Maintenance Estimate Actual Expenditures OCI Rating 2012 $2,101,698 $2,157,727 70% 2013 $1,758,697 $1,874,596 70% 2014 $2,300,000 $1,937,160 70% 98 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 105 COMBINING AND INDIVIDUAL FUND STATEMENTS AND SCHEDULES 99 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 106 NONMAJOR GOVERNMENTAL FUNDS 100 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 107 SPECIAL REVENUE FUNDS The Special Revenue Funds are used to account for the proceeds of specific revenue sources that are legally restricted to expenditures for specified purposes. CAPITAL PROJECT FUNDS The Capital Project Funds account for financial resources to be used for the acquisition or construction of major capital facilities (other than those financed by Proprietary Funds). 101 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 108 CITY OF ST. LOUIS PARK, MINNESOTA COMBINING BALANCE SHEET Statement 11 NONMAJOR GOVERNMENTAL FUNDS December 31, 2014 With Comparative Totals For December 31, 2013 Special Capital Revenue Project 2014 2013 Assets Cash and investments $1,787,117 $7,742,748 $9,529,865 $10,476,740 Accrued interest receivable 3,523 18,325 21,848 33,047 Due from other governments 59,970 - 59,970 22,483 Accounts receivable 165,030 401,188 566,218 568,845 Special assessments receivable: Delinquent 2,341 166 2,507 11,772 Deferred 198,208 - 198,208 196,235 Loans receivable - noncurrent 426,165 - 426,165 420,787 Total assets $2,642,354 $8,162,427 $10,804,781 $11,729,909 Liabilities, Deferred Inflows of Resources, and Fund Balance Liabilities: Accounts payable $11,370 $31,533 $42,903 $227,577 Salaries payable 19,132 - 19,132 16,969 Due to other governments 938 103 1,041 2,979 Contracts payable - 78,969 78,969 66,203 Due to other funds 44,004 - 44,004 7,607 Unearned revenue - 200,000 200,000 200,000 Total liabilities 75,444 310,605 386,049 521,335 Deferred inflows of resources: Unavailable revenue 221,613 - 221,613 221,394 Total deferred inflows of resources 221,613 0 221,613 221,394 Fund balance: Nonspendable 426,165 - 426,165 420,787 Restricted 618,334 3,180,914 3,799,248 4,176,473 Committed 483,590 - 483,590 467,682 Assigned 823,642 4,670,908 5,494,550 5,923,496 Unassigned (6,434) - (6,434)(1,258) Total fund balance 2,345,297 7,851,822 10,197,119 10,987,180 Total liabilities, deferred inflows of resources, and fund balance $2,642,354 $8,162,427 $10,804,781 $11,729,909 Nonmajor Totals Governmental Funds 102 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 109 CITY OF ST. LOUIS PARK, MINNESOTA COMBINING STATEMENT OF REVENUES, EXPENDITURES AND Statement 12 CHANGES IN FUND BALANCE NONMAJOR GOVERNMENTAL FUNDS For The Year Ended December 31, 2014 With Comparative Totals For The Year Ended December 31, 2013 Special Capital Revenue Project 2014 2013 Revenues: Taxes: Property $ - $810,000 $810,000 $810,000 Franchise 650,355 1,617,858 2,268,213 2,211,569 Intergovernmental: Other 130,686 44,702 175,388 422,279 Charges for services 241 9,766 10,007 38,822 Special assessments 202,941 1,435 204,376 176,502 Interest on investments 14,445 77,482 91,927 35,628 Miscellaneous 3,453 584,651 588,104 326,007 Total revenues 1,002,121 3,145,894 4,148,015 4,020,807 Expenditures: Current: Public safety - 81,539 81,539 18,808 Operations and recreation - 1,130,273 1,130,273 637,923 Engineering - 202,752 202,752 1,874,600 Public information 462,341 - 462,341 408,683 Housing and maintenance 130,534 - 130,534 141,250 Social economic development 205,919 - 205,919 217,023 Capital outlay: Public safety - 16,901 16,901 - Operations and recreation - 337,505 337,505 930,249 Public information - - - 18,163 Total expenditures 798,794 1,768,970 2,567,764 4,246,699 Revenues over (under) expenditures 203,327 1,376,924 1,580,251 (225,892) Other financing sources (uses): Transfers in - 82,446 82,446 60,000 Transfers out (159,506) (2,293,713) (2,453,219) (1,082,081) Total other financing sources (uses)(159,506) (2,211,267) (2,370,773) (1,022,081) Net change in fund balance 43,821 (834,343) (790,522) (1,247,973) Fund balance - January 1 2,301,476 8,686,165 10,987,641 12,235,153 Fund balance - December 31 $2,345,297 $7,851,822 $10,197,119 $10,987,180 Totals Nonmajor Governmental Funds 103 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 110 - This page intentionally left blank - 104 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 111 NONMAJOR SPECIAL REVENUE FUNDS Cable Television Fund – used to account for revenues received from franchise fees and expenditures related to regulation of the privately owned cable television company. Community Development Fund – used to account for funds received under Title I of the Housing and Community Development Act of 1974. Special Service District Funds – used to account for the operations of Special Service Districts. Revenues are received from each district’s property owners and are used to provide additional services, primarily snow removal, within each District. 105 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 112 CITY OF ST. LOUIS PARK, MINNESOTA COMBINING BALANCE SHEET Statement 13 NONMAJOR SPECIAL REVENUE FUNDS December 31, 2014 With Comparative Totals For December 31, 2013 2014 2013 Assets Cash and investments $1,465,894 $49 $321,174 $1,787,117 $1,749,234 Accrued interest receivable 2,961 - 562 3,523 5,312 Due from other governments - 59,970 - 59,970 22,483 Accounts receivable 165,030 - - 165,030 162,669 Special assessments receivable: Delinquent - - 2,341 2,341 11,772 Deferred - - 198,208 198,208 194,879 Loans receivable - noncurrent - 426,165 - 426,165 420,787 Total assets $1,633,885 $486,184 $522,285 $2,642,354 $2,567,136 Liabilities, Deferred Inflows of Resources, and Fund Balance Liabilities: Accounts payable $6,752 $ - $4,618 $11,370 $20,894 Salaries payable 19,132 - - 19,132 16,969 Due to other governments 1 937 - 938 152 Due to other funds - 44,004 - 44,004 7,607 Total liabilities 25,885 44,941 4,618 75,444 45,622 Deferred inflows of resources: Unavailable revenue - 21,512 200,101 221,613 220,038 Total deferred inflows of resources 0 21,512 200,101 221,613 220,038 Fund balance: Nonspendable - 426,165 - 426,165 420,787 Restricted 618,334 - - 618,334 630,933 Committed 483,590 - - 483,590 467,682 Assigned 506,076 - 317,566 823,642 783,332 Unassigned - (6,434) - (6,434) (1,258) Total fund balance 1,608,000 419,731 317,566 2,345,297 2,301,476 Total liabilities, deferred inflows of resources, and fund balance $1,633,885 $486,184 $522,285 $2,642,354 $2,567,136 Totals Nonmajor Special Revenue Funds2600 Cable Television 2650 Community Development Special Service Districts 106 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 113 CITY OF ST. LOUIS PARK, MINNESOTA COMBINING STATEMENT OF REVENUES,Statement 14 EXPENDITURES AND CHANGES IN FUND BALANCE NONMAJOR SPECIAL REVENUE FUNDS For The Year Ended December 31, 2014 With Comparative Totals For The Year Ended December 31, 2013 2014 2013 Revenues: Franchise taxes $650,355 $ - $ - $650,355 $642,142 Intergovernmental - other - 130,686 - 130,686 127,577 Charges for services - - 241 241 26,117 Special assessments - - 202,941 202,941 175,067 Interest on investments 12,118 50 2,277 14,445 4,218 Miscellaneous 1,221 - 2,232 3,453 2,529 Total revenues 663,694 130,736 207,691 1,002,121 977,650 Expenditures: Current: Public information: Personal services 404,546 - - 404,546 390,152 Supplies 13,825 - - 13,825 10,580 Other services and charges 43,970 - - 43,970 7,951 Housing maintenance: Personal services - 6,410 - 6,410 21,173 Other services and charges - 124,124 - 124,124 120,077 Social and economic development: Supplies - - 2,318 2,318 3,410 Other services and charges - - 203,601 203,601 213,613 Capital outlay: Public information - - - - 18,163 Total expenditures 462,341 130,534 205,919 798,794 785,119 Revenues over (under) expenditures 201,353 202 1,772 203,327 192,531 Other financing sources (uses): Transfers in - - - - 60,000 Transfers out (159,506) - - (159,506) (184,506) Net change in fund balance 41,847 202 1,772 43,821 68,025 Fund balance - January 1 1,566,153 419,529 315,794 2,301,476 2,233,451 Fund balance - December 31 $1,608,000 $419,731 $317,566 $2,345,297 $2,301,476 Totals Nonmajor Special Revenue Funds2600 Cable Television 2650 Community Development Special Service Districts 107 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 114 - This page intentionally left blank - 108 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 115 NONMAJOR CAPITAL PROJECT FUNDS Fire Station Bonds Fund – used to account for the financing of land acquisition and construction of two new fire stations. Revenues will be provided from other City funds and property tax levies. Park Improvement Fund – used to account for the financing of land acquisition and development for park purposes. Revenues are provided by St. Louis Park School District contribution, interest earnings, rent, sale of property and a property tax levy. Pavement Management Fund – used to account for the financing of street rehabilitation. Revenues are provided by a franchise fee and transfers from the Sanitary Sewer Utility and Water Utility Funds. Police and Fire Pensions Fund – used to account for the funds received by the Police and Fire department for pension refunds. These funds must be used for specific police and fire purposes. 109 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 116 CITY OF ST. LOUIS PARK, MINNESOTA COMBINING BALANCE SHEET Statement 15 NONMAJOR CAPITAL PROJECT FUNDS December 31, 2014 With Comparative Totals For December 31, 2013 4040 Fire Station Bonds 4065 Park Improvement 4500 Pavement Management 2900 Police and Fire Pensions 2014 2013 Assets Cash and investments $15,869 $3,803,627 $745,325 $3,177,927 $7,742,748 $8,727,506 Accrued interest receivable - 7,290 3,875 7,160 18,325 27,735 Accounts receivable - - 401,188 - 401,188 406,176 Special assessments - delinquent - 38 128 - 166 - Special assessments - deferred - - - - - 1,356 Total assets $15,869 $3,810,955 $1,150,516 $3,185,087 $8,162,427 $9,162,773 Liabilities, Deferred Inflows of Resources, and Fund Balance Liabilities: Accounts payable $4,350 $23,010 $ - $4,173 $31,533 $206,683 Due to other governments - 103 - - 103 2,827 Contracts payable 11,519 3,296 64,154 - 78,969 66,203 Unearned revenue - 200,000 - - 200,000 200,000 Total liabilities 15,869 226,409 64,154 4,173 310,605 475,713 Deferred inflows of resources: Unavailable revenue - - - - - 1,356 Total deferred inflows of resources 0 0 0 0 0 1,356 Fund balance: Restricted - - - 3,180,914 3,180,914 3,545,540 Assigned - 3,584,546 1,086,362 - 4,670,908 5,140,164 Total fund balance 0 3,584,546 1,086,362 3,180,914 7,851,822 8,685,704 Total liabilities, deferred inflows of resources, and fund balance $15,869 $3,810,955 $1,150,516 $3,185,087 $8,162,427 $9,162,773 Totals Nonmajor Capital Project Funds 110 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 117 CITY OF ST. LOUIS PARK, MINNESOTA COMBINING STATEMENT OF REVENUES,Statement 16 EXPENDITURES AND CHANGES IN FUND BALANCE NONMAJOR CAPITAL PROJECT FUNDS For The Year Ended December 31, 2014 With Comparative Totals For The Year Ended December 31, 2013 4040 Fire Station Bonds 4065 Park Improvement 4500 Pavement Management 2900 Police and Fire Pensions Revenues:2014 2013 Taxes: Property taxes $ - $810,000 $ - $ - $810,000 $810,000 Franchise - - 1,617,858 - 1,617,858 1,569,427 Intergovernmental: Other - 44,702 - - 44,702 294,702 Charges for services - 9,638 128 - 9,766 12,705 Special assessments - - 1,435 - 1,435 1,435 Investment income - 31,878 18,114 27,490 77,482 31,410 Miscellaneous 1,000 583,649 2 - 584,651 323,478 Total revenues 1,000 1,479,867 1,637,537 27,490 3,145,894 3,043,157 Expenditures: Current: Public safety 67,006 - - 14,533 81,539 18,808 Engineering - - 202,752 - 202,752 1,874,600 Operations and recreation - 1,130,273 - - 1,130,273 637,923 Capital outlay: Public safety 16,901 - - - 16,901 - Operations and recreation - 337,505 - - 337,505 930,249 Total expenditures 83,907 1,467,778 202,752 14,533 1,768,970 3,461,580 Revenues over (under) expenditures (82,907) 12,089 1,434,785 12,957 1,376,924 (418,423) Other financing sources (uses): Transfers in 82,446 - - - 82,446 - Transfers out - - (1,916,130) (377,583) (2,293,713) (897,575) Total other financing sources (uses)82,446 0 (1,916,130) (377,583) (2,211,267) (897,575) Net change in fund balance (461) 12,089 (481,345) (364,626) (834,343) (1,315,998) Fund balance - January 1 461 3,572,457 1,567,707 3,545,540 8,686,165 10,001,702 Fund balance - December 31 $0 $3,584,546 $1,086,362 $3,180,914 $7,851,822 $8,685,704 Totals Nonmajor Capital Project Funds 111 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 118 - This page intentionally left blank - 112 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 119 MAJOR DEBT SERVICE FUNDS 3400 - 1999 General Obligation Bond 3450 - 2003 General Obligation Bond 3460 – 2010A General Obligation Bond 3465 – 2012A General Obligation HIA Bonds 3470 – 2010B General Obligation Bond 3480 – 2010D General Obligation Fire Station Bond 3490 – 2014A General Obligation Bonds 3600 - 2000 General Obligaiton Bond Reserve 3615 – 2010C General Obligation Bond 3620 – 2010C General Obligation Bond Reserve Fund 3850 - 2004 General Obligation Tax Increment Refunding 3870 - 2005A General Obligation Bond 3875 – Hoigaard’s 2010 A & B TIF Notes 3890 - 2008B General Obligation Tax Increment Bond 113 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 120 CITY OF ST. LOUIS PARK, MINNESOTA COMBINING BALANCE SHEET MAJOR DEBT SERVICE FUNDS December 31, 2014 With Comparative Totals For December 31, 2013 3470 2010B General Obligation Bond 3480 2010D General Obligation Fire Station Bond 3490 2014A General Obligation Bonds Assets Cash and investments $5,375 $820,265 $113,512 Accrued interest receivable 870 1,048 - Due from other governments - 86,384 - Loans receivable - current - - - Loans receivable - noncurrent - - - Total assets $6,245 $907,697 $113,512 Liabilities, Deferred Inflows of Resources, and Fund Balance Liabilities: Accounts payable $ - $ - $ - Due to other governments - 111 - Deposits payable - - - Unearned revenue - 14,397 - Total liabilities 0 14,508 0 Deferred inflows of resources: Unavailable revenue - - - Total deferred inflows of resources 0 0 0 Fund balance: Restricted 6,245 893,189 113,512 Total fund balance 6,245 893,189 113,512 Total liabilities, deferred inflows of resources, and fund balance $6,245 $907,697 $113,512 114 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 121 Statement 17 3600 2000 General Obligation Bond Reserve 3615 2010C General Obligation Bond 3620 2010C General Obligation Bond Reserve 3870 2005A General Obligation Bond 2014 2013 $121,105 $66,283 $168,821 $681,212 $1,976,573 $2,458,006 - - - 1,055 2,973 5,007 - - - - 86,384 87,876 - 35,000 - - 35,000 35,000 - 1,640,000 - - 1,640,000 1,675,000 $121,105 $1,741,283 $168,821 $682,267 $3,740,930 $4,260,889 $ - $ - $ - $ - $ - $1,956 - - - 60 171 - - - 168,636 - 168,636 124,644 - - - - 14,397 14,646 0 0 168,636 60 183,204 141,246 - 1,675,000 - - 1,675,000 1,710,000 0 1,675,000 0 0 1,675,000 1,710,000 121,105 66,283 185 682,207 1,882,726 2,409,643 121,105 66,283 185 682,207 1,882,726 2,409,643 $121,105 $1,741,283 $168,821 $682,267 $3,740,930 $4,260,889 Totals Debt Service Funds 115 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 122 - This page intentionally left blank - 116 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 123 CITY OF ST. LOUIS PARK, MINNESOTA COMBINING STATEMENT OF REVENUES,Statement 18 EXPENDITURES AND CHANGES IN FUND BALANCE Page 1 of 2 MAJOR DEBT SERVICE FUNDS For The Year Ended December 31, 2014 With Comparative Totals For The Year Ended December 31, 2013 3400 1999 General Obligation Bond 3450 2003 General Obligation Bond 3460 2010A General Obligation Bond 3465 2012A General Obligation HIA Bonds Revenues: Property taxes $ - $ - $ - $ - Intergovernmental - - - - Interest on investments - - - - Miscellaneous - other - - - - Total revenues 0 0 0 0 Expenditures: Social economic development: Developer assistance - - - - Debt service: Principal - - 115,000 45,000 Interest and other 185 1,805 134,608 34,569 Fiscal agent fees - - 450 550 Total expenditures 185 1,805 250,058 80,119 Revenues over (under) expenditures (185)(1,805)(250,058)(80,119) Other financing sources (uses): Transfers in - - 250,058 80,119 Transfers out (58,785)(574,877) - - Bonds issued - - - - Total other financing sources (uses)(58,785)(574,877)250,058 80,119 Net change in fund balance (58,970)(576,682)0 0 Fund balance - January 1 58,970 576,682 - - Fund balance (deficit) - December 31 $0 $0 $0 $0 117 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 124 CITY OF ST. LOUIS PARK, MINNESOTA COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE MAJOR DEBT SERVICE FUNDS For The Year Ended December 31, 2014 With Comparative Totals For The Year Ended December 31, 2013 3470 2010B General Obligation Bond 3480 2010D General Obligation Fire Station Bond 3490 2014A General Obligation Bonds 3600 2000 General Obligation Bond Reserve 3615 2010C General Obligation Bond Revenues: Property taxes $ - $925,177 $ - $ - $ - Intergovernmental - 173,109 - - - Interest on investments 6,438 2,514 - 28 10 Miscellaneous - other - - - - 116,513 Total revenues 6,438 1,100,800 0 28 116,523 Expenditures: Social economic development: Developer assistance - - - - - Debt service: Principal 480,000 530,000 - - 35,000 Interest and other 4,993 537,475 - - 82,680 Fiscal agent fees 140 450 - - 450 Total expenditures 485,133 1,067,925 0 0 118,130 Revenues over (under) expenditures (478,695)32,875 0 28 (1,607) Other financing sources (uses): Transfers in 406,623 - - - 28 Transfers out - - - (28) - Bonds issued - - 113,512 - - Total other financing sources (uses)406,623 0 113,512 (28)28 Net change in fund balance (72,072)32,875 113,512 0 (1,579) Fund balance - January 1 78,317 860,314 - 121,105 67,862 Fund balance (deficit) - December 31 $6,245 $893,189 $113,512 $121,105 $66,283 118 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 125 Statement 18 Page 2 of 2 3620 2010C General Obligation Bond Reserve 3850 2004 General Obligation Tax Increment Refunding 3870 2005A General Obligation Bond 3875 Hoigaard's 2010 A & B TIF Notes 3890 2008B General Obligation Tax Increment Bond Interfund Eliminations 2014 2013 $ - $ - $497,300 $ - $ - $ - $1,422,477 $1,937,085 - - - - - - 173,109 175,659 35 - 2,895 - - - 11,920 1,685 - - - - - - 116,513 102,030 35 0 500,195 0 0 0 1,724,019 2,216,459 - - - 453,591 - - 453,591 419,830 - - 425,000 - 340,000 - 1,970,000 3,275,000 - - 41,187 - 201,413 - 1,038,915 1,127,185 - - - - - - 2,040 3,895 0 0 466,187 453,591 541,413 0 3,464,546 4,825,910 35 0 34,008 (453,591) (541,413) 0 (1,740,527) (2,609,451) - 1,956 - 453,591 541,413 (406,651) 1,327,137 2,643,827 - - - - - 406,651 (227,039) (4,081) - - - - - - 113,512 - 0 1,956 0 453,591 541,413 0 1,213,610 2,639,746 35 1,956 34,008 0 0 0 (526,917) 30,295 150 (1,956) 648,199 - - - 2,409,643 2,379,348 $185 $0 $682,207 $0 $0 $0 $1,882,726 $2,409,643 Totals Debt Service Funds 119 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 126 - This page intentionally left blank - 120 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 127 MAJOR REDEVELOPMENT DISTRICT FUNDS 4775 – Eliot Park TIF 4780 – Duke West End TIF 4785 – Ellipse TIF DIstrict 4798 – HRA Levy 4865 – HSTI 4870 – Victoria Ponds 4875 – Park Center Housing 4880 – CSM TIF District 4900 – Mill City TIF District 4920 – Park Commons TIF District 4930 – Edgewood TIF District 4940 – Elmwood Village 4950 – Wolfe Lake TIF District 4965 – Aquila Commons 4980 – Highway 7 Business Center 4985 – Hard Coat TIF District 121 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 128 - This page intentionally left blank - 122 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 129 CITY OF ST. LOUIS PARK, MINNESOTA COMBINING BALANCE SHEET Statement 19 MAJOR REDEVELOPMENT DISTRICT FUNDS Page 1 of 2 December 31, 2014 With Comparative Totals For December 31, 2013 4780 Duke West End TIF 4775 Eliot Park TIF 4785 Ellipse TIF District 4798 HRA Levy 4865 HSTI Assets Cash and investments $578,709 $479 $139,073 $19,741 $205,291 Accrued interest receivable 1,342 - 106 3,554 - Interfund loan receivable - - - - - Taxes receivable - unremitted - - - - - Taxes receivable - delinquent - - - 10,821 - Loans receivable - noncurrent - - - - - Total assets $580,051 $479 $139,179 $34,116 $205,291 Liabilities, Deferred Inflows of Resources, and Fund Balance Liabilities: Accounts payable $8,553 $ - $ - $ - $ - Due to other governments 1,888 509 907 394 2,535 Interfund loan payable 477,026 12,713 194,259 4,472,545 - Total liabilities 487,467 13,222 195,166 4,472,939 2,535 Deferred inflows of resources: Unavailable revenue - - - 10,821 - Total deferred inflows of resources 0 0 0 10,821 0 Fund balance (deficit): Restricted 92,584 - - - 202,756 Unassigned - (12,743) (55,987) (4,449,644) - Total fund balance (deficit)92,584 (12,743) (55,987) (4,449,644) 202,756 Total liabilities, deferred inflows of resources, and fund balance $580,051 $479 $139,179 $34,116 $205,291 123 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 130 CITY OF ST. LOUIS PARK, MINNESOTA COMBINING BALANCE SHEET MAJOR REDEVELOPMENT DISTRICT FUNDS December 31, 2014 With Comparative Totals For December 31, 2013 4870 Victoria Ponds 4875 Park Center Housing 4880 CSM TIF District 4900 Mill City TIF District 4920 Park Commons TIF District 4930 Edgewood TIF District Assets Cash and investments $501,442 $204,422 $534,790 $271,257 $707,900 $ - Accrued interest receivable 1,023 488 820 291 248 - Interfund loan receivable 115,000 - - - - - Taxes receivable - unremitted 5,672 - 2,158 - 22,369 - Taxes receivable - delinquent - - - - - - Loans receivable - noncurrent - 693,494 - - - - Total assets $623,137 $898,404 $537,768 $271,548 $730,517 $0 Liabilities, Deferred Inflows of Resources, and Fund Balance Liabilities: Accounts payable $ - $ - $ - $ - $458 $ - Due to other governments 1,512 683 1,438 1,127 5,695 579 Interfund loan payable - - - - - - Total liabilities 1,512 683 1,438 1,127 6,153 579 Deferred inflows of resources: Unavailable revenue - 50,488 - - - - Total deferred inflows of resources 0 50,488 0 0 0 0 Fund balance (deficit): Restricted 621,625 847,233 536,330 270,421 724,364 - Unassigned - - - - - (579) Total fund balance (deficit)621,625 847,233 536,330 270,421 724,364 (579) Total liabilities, deferred inflows of resources, and fund balance $623,137 $898,404 $537,768 $271,548 $730,517 $0 124 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 131 Statement 19 Page 2 of 2 4940 Elmwood Village 4950 Wolfe Lake TIF District 4965 Aquila Commons 4980 Highway 7 Business Center 4985 Hard Coat TIF District Interfund Eliminations 2014 2013 $597,578 $86,544 $92,404 $56,448 $5,407 $ - $4,001,485 $5,481,088 1,756 93 88 - 16 - 9,825 26,347 - - - - - (115,000) - - 6,673 - - - - - 36,872 46,486 - - - - - - 10,821 5,358 - - - - - - 693,494 680,872 $606,007 $86,637 $92,492 $56,448 $5,423 ($115,000) $4,752,497 $6,240,151 $875 $ - $ - $ - $ - $ - $9,886 $5,200 4,259 695 1,075 733 539 - 24,568 23,276 2,826,843 - - - 141,074 (115,000) 8,009,460 3,874,339 2,831,977 695 1,075 733 141,613 (115,000) 8,043,914 3,902,815 - - - - - - 61,309 43,224 0 0 0 0 0 0 61,309 43,224 - 85,942 91,417 55,715 - - 3,528,387 5,182,499 (2,225,970) - - - (136,190) - (6,881,113) (2,888,387) (2,225,970) 85,942 91,417 55,715 (136,190)0 (3,352,726) 2,294,112 $606,007 $86,637 $92,492 $56,448 $5,423 ($115,000) $4,752,497 $6,240,151 Totals Redevelopment District Funds 125 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 132 - This page intentionally left blank - 126 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 133 CITY OF ST. LOUIS PARK, MINNESOTA COMBINING STATEMENT OF REVENUES,Statement 20 EXPENDITURES AND CHANGES IN FUND BALANCE Page 1 of 2 MAJOR REDEVELOPMENT DISTRICT FUNDS For The Year Ended December 31, 2014 With Comparative Totals For The Year Ended December 31, 2013 4780 Duke West End TIF 4775 Eliot Park TIF 4785 Ellipse TIF District 4798 HRA Levy 4865 HSTI Revenues: Property taxes $ - $ - $ - $927,094 $ - Tax increments 874,766 - 265,892 - 1,348,776 Intergovernmental - - - - - Interest on investments 5,020 - 208 10,464 - Total revenues 879,786 0 266,100 937,558 1,348,776 Expenditures: Current: Social and economic development 270,398 11,997 242,204 15,832 1,352,194 Revenues over (under) expenditures 609,388 (11,997)23,896 921,726 (3,418) Other financing sources (uses): Transfers in - - - - - Transfers out (541,413) - - (7,505,436) - Total other financing sources (uses)(541,413)0 0 (7,505,436)0 Net change in fund balance 67,975 (11,997)23,896 (6,583,710)(3,418) Fund balance (deficit) - January 1 24,609 (746) (79,883) 2,134,066 206,174 Fund balance (deficit) - December 31 $92,584 ($12,743) ($55,987) ($4,449,644) $202,756 127 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 134 CITY OF ST. LOUIS PARK, MINNESOTA COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE MAJOR REDEVELOPMENT DISTRICT FUNDS For The Year Ended December 31, 2014 With Comparative Totals For The Year Ended December 31, 2013 4870 Victoria Ponds 4875 Park Center Housing 4880 CSM TIF District 4900 Mill City TIF District 4920 Park Commons TIF District 4930 Edgewood TIF District Revenues: Property taxes $ - $ - $ - $ - $ - $ - Tax increments 460,668 118,264 409,397 395,339 1,863,396 48,838 Intergovernmental - - - - - - Interest on investments 4,094 987 3,001 861 628 - Total revenues 464,762 119,251 412,398 396,200 1,864,024 48,838 Expenditures: Current: Social and economic development 459,456 2,264 358,706 344,190 1,725,269 48,645 Revenues over (under) expenditures 5,306 116,987 53,692 52,010 138,755 193 Other financing sources (uses): Transfers in 115,000 - - - - - Transfers out - (110,000) - - - - Total other financing sources (uses)115,000 (110,000)0000 Net change in fund balance 120,306 6,987 53,692 52,010 138,755 193 Fund balance (deficit) - January 1 501,319 840,246 482,638 218,411 585,609 (772) Fund balance (deficit) - December 31 $621,625 $847,233 $536,330 $270,421 $724,364 ($579) 128 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 135 Statement 20 Page 2 of 2 4940 Elmwood Village 4950 Wolfe Lake TIF District 4965 Aquila Commons 4980 Highway 7 Business Center 4985 Hard Coat TIF District Interfund Eliminations 2014 2013 $ - $ - $ - $ - $ - $ - $927,094 $899,391 1,150,713 124,074 151,772 149,394 19,706 - 7,380,995 6,647,729 - - - - - - - 2 5,346 267 217 - 33 - 31,126 27,527 1,156,059 124,341 151,989 149,394 19,739 0 8,339,215 7,574,649 155,193 120,242 151,354 157,837 7,188 - 5,422,969 6,037,129 1,000,866 4,099 635 (8,443) 12,551 0 2,916,246 1,537,520 - - - 47,356 - (115,000) 47,356 - (453,591) - - - (115,000) 115,000 (8,610,440) (5,699,753) (453,591)0 0 47,356 (115,000)0 (8,563,084) (5,699,753) 547,275 4,099 635 38,913 (102,449)0 (5,646,838) (4,162,233) (2,773,245) 81,843 90,782 16,802 (33,741) - 2,294,112 6,456,345 ($2,225,970) $85,942 $91,417 $55,715 ($136,190)$0 ($3,352,726) $2,294,112 Totals Redevelopment District Funds 129 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 136 - This page intentionally left blank - 130 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 137 INTERNAL SERVICE FUNDS The City has three Internal Service Funds to account for the financing of goods or services provided by one department or agency to other departments or agencies of the City, or to other governments on a cost reimbursement basis. The City’s internal service funds account for employee flex spending, uninsured loss, equipment replacement and capital replacement. 131 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 138 CITY OF ST. LOUIS PARK, MINNESOTA COMBINING STATEMENT OF NET POSITION INTERNAL SERVICE FUNDS December 31, 2014 With Comparative Amounts For December 31, 2013 2014 2013 Assets: Current assets: Cash and investments $895,369 $738,967 Accrued interest receivable 3,240 4,318 Due from other governments - - Taxes receivable - unremitted - - Prepaid items 75,422 8,707 Deposits receivable 31,000 31,000 Total current assets 1,005,031 782,992 Noncurrent assets: Capital assets, at cost: Land - - Building and structures - - Infrastructure - - Machinery, furniture and equipment - - Fleet - - Construction in progress - - Total capital assets, at cost 0 0 Less: accumulated depreciation - - Net capital assets 00 Total assets 1,005,031 782,992 Liabilities: Current liabilities: Accounts payable 21,069 19,027 Salaries payable 5,080 5,225 Accrued flex spending 34,077 25,490 Due to other governments 3,627 13,347 Contracts payable - - Due to other funds - - Compensated absences payable 2,591,717 2,489,865 Capial lease payable - - Total current liabilities 2,655,570 2,552,954 Noncurrent liabilities: Compensated absences payable 1,110,736 1,067,084 Other postemployment benefits payable 2,144,438 1,833,419 Capial lease payable - - Total noncurrent liabilities 3,255,174 2,900,503 Total liabilities 5,910,744 5,453,457 Net position: Net investment in capital assets - - Unrestricted (4,905,713)(4,670,465) Total net position ($4,905,713)($4,670,465) 6100 Employee Administrative 132 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 139 Statement 21 2014 2013 2014 2013 2014 2013 $740,613 $718,470 $1,812,664 $ - $3,448,646 $1,457,437 1,514 2,053 9 - 4,763 6,371 - - 579 - 579 - - - 352,385 - 352,385 - 75,051 77,789 12,921 29,670 163,394 116,166 - - - - 31,000 31,000 817,178 798,312 2,178,558 29,670 4,000,767 1,610,974 - - 818,094 818,094 818,094 818,094 - - 5,990 134,520 5,990 134,520 - - 9,965,062 9,461,214 9,965,062 9,461,214 - - 7,051,745 6,607,079 7,051,745 6,607,079 - - 8,029,132 7,126,319 8,029,132 7,126,319 - - 27,995 852,757 27,995 852,757 0 0 25,898,018 24,999,983 25,898,018 24,999,983 - - (8,629,417) (7,696,111) (8,629,417) (7,696,111) 0 0 17,268,601 17,303,872 17,268,601 17,303,872 817,178 798,312 19,447,159 17,333,542 21,269,368 18,914,846 44,016 638 229,011 90,087 294,096 109,752 - - - - 5,080 5,225 - - - - 34,077 25,490 - - 171 2,324 3,798 15,671 - - 3,805 159,998 3,805 159,998 - - - 943,989 - 943,989 - - - - 2,591,717 2,489,865 - - 8,100 - 8,100 - 44,016 638 241,087 1,196,398 2,940,673 3,749,990 - - - - 1,110,736 1,067,084 - - - - 2,144,438 1,833,419 - - 24,975 - 24,975 - 0 0 24,975 0 3,280,149 2,900,503 44,016 638 266,062 1,196,398 6,220,822 6,650,493 - - 17,268,601 17,303,872 17,268,601 17,303,872 773,162 797,674 1,912,496 (1,166,728) (2,220,055) (5,039,519) $773,162 $797,674 $19,181,097 $16,137,144 $15,048,546 $12,264,353 Totals6200 Uninsured Loss 6400 Capital Replacement 133 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 140 CITY OF ST. LOUIS PARK, MINNESOTA COMBINING STATEMENT OF REVENUES, EXPENSES AND CHANGES IN FUND NET POSITION INTERNAL SERVICE FUNDS For The Year Ended December 31, 2014 With Comparative Amounts For The Year Ended December 31, 2013 2014 2013 Operating revenues: Charges for services $ - $ - Other 382,054 295,372 Total operating revenues 382,054 295,372 Operating expenses: Personal services 750,982 1,166,093 Supplies - - Professional services 21,539 21,375 Insurance - - Depreciation - - Other 77,930 124,157 Total operating expenses 850,451 1,311,625 Operating income (loss)(468,397)(1,016,253) Nonoperating revenues (expenses): Investment income 15,418 6,620 Property taxes 200,000 200,000 Intergovernmental revenue 17,731 19,653 Net gain on disposal of assets - - Total nonoperating revenues (expenses)233,149 226,273 Income (loss) before transfers (235,248)(789,980) Transfers in - - Transfers out - - Total transfers 00 Change in net position (235,248)(789,980) Net position - January 1 (4,670,465)(3,880,485) Net position - December 31 ($4,905,713) ($4,670,465) 6100 Employee Administrative 134 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 141 Statement 22 2014 2013 2014 2013 2014 2013 $ - $ - $807,209 $781,078 $807,209 $781,078 157,514 234,994 220 73,234 539,788 603,600 157,514 234,994 807,429 854,312 1,346,997 1,384,678 21,717 21,348 - - 772,699 1,187,441 - - 378,011 449,594 378,011 449,594 - - 506,794 2,217,474 528,333 2,238,849 164,649 208,568 - - 164,649 208,568 - - 1,737,281 1,347,225 1,737,281 1,347,225 1,714 1,152 362,754 663,387 442,398 788,696 188,080 231,068 2,984,840 4,677,680 4,023,371 6,220,373 (30,566)3,926 (2,177,411) (3,823,368) (2,676,374) (4,835,695) 6,054 2,692 18 6,281 21,490 15,593 - - 2,700,782 1,108,132 2,900,782 1,308,132 - - 458,830 17,500 476,561 37,153 - - 142,763 69,237 142,763 69,237 6,054 2,692 3,302,393 1,201,150 3,541,596 1,430,115 (24,512)6,618 1,124,982 (2,622,218)865,222 (3,405,580) - - 1,918,971 926,753 1,918,971 926,753 - (106,171) - - - (106,171) 0 (106,171)1,918,971 926,753 1,918,971 820,582 (24,512)(99,553)3,043,953 (1,695,465)2,784,193 (2,584,998) 797,674 897,227 16,137,144 17,832,609 12,264,353 14,849,351 $773,162 $797,674 $19,181,097 $16,137,144 $15,048,546 $12,264,353 Totals6200 Uninsured Loss 6400 Capital Replacement 135 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 142 CITY OF ST. LOUIS PARK, MINNESOTA COMBINING STATEMENT OF CASH FLOWS INTERNAL SERVICE FUNDS For The Year Ended December 31, 2014 With Comparative Amounts For The Year Ended December 31, 2013 2014 2013 Cash flows from operating activities: Receipts from interfund services provided $ - $ - Other receipts 382,054 295,372 Payments to suppliers (173,862) (210,241) Payments to employees (286,017) (869,868) Net cash flows provided by (used in) operating activities (77,825) (784,737) Cash flows from noncapital financing activities: Transfers in - - Transfers out - - Borrowing on interfund balances - - Payments on interfund balances - - Property taxes 200,000 200,000 Intergovernmental receipts 17,731 19,653 Net cash flows provided by (used in) noncapital financing activities 217,731 219,653 Cash flows from capital and related financing activities: Transfers in - - Acquisition and construction of capital assets - - Proceeds from sale of assets - - Prncipal paid on capital lease - - Net cash flows provided by (used in) capital and related financing activities 0 0 Cash flows from investing activities: Investment income 16,496 10,559 Net increase (decrease) in cash and cash equivalents 156,402 (554,525) Cash and cash equivalents - January 1 738,967 1,293,492 Cash and cash equivalents - December 31 $895,369 $738,967 6100 Employee Administrative 136 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 143 Statement 23 Page 1 of 2 2014 2013 2014 2013 2014 2013 $ - $200 $806,630 $781,078 $806,630 $781,278 157,514 234,994 220 73,234 539,788 603,600 (120,247) (220,429)(1,250,232) (3,136,029)(1,544,341) (3,566,699) (21,717) (21,348) - - (307,734) (891,216) 15,550 (6,583)(443,382) (2,281,717)(505,657) (3,073,037) - - 1,500,000 450,000 1,500,000 450,000 - (106,171) - - - (106,171) - - - 943,989 - 943,989 - - (943,989) - (943,989) - - - 2,348,397 1,108,132 2,548,397 1,308,132 - - 458,830 17,500 476,561 37,153 0 (106,171)3,363,238 2,519,621 3,580,969 2,633,103 - - 418,971 476,753 418,971 476,753 - - (1,705,934) (2,582,481)(1,705,934) (2,582,481) - - 187,187 151,313 187,187 151,313 - - (7,425) - (7,425) - 0 0 (1,107,201) (1,954,415)(1,107,201) (1,954,415) 6,593 3,292 9 12,787 23,098 26,638 22,143 (109,462)1,812,664 (1,703,724)1,991,209 (2,367,711) 718,470 827,932 - 1,703,724 1,457,437 3,825,148 $740,613 $718,470 $1,812,664 $0 $3,448,646 $1,457,437 6400 Capital Replacement Totals6200 Uninsured Loss 137 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 144 CITY OF ST. LOUIS PARK, MINNESOTA COMBINING STATEMENT OF CASH FLOWS INTERNAL SERVICE FUNDS For The Year Ended December 31, 2014 With Comparative Amounts For The Year Ended December 31, 2013 2014 2013 Reconciliation of operating income (loss) to net cash provided (used) by operating activities: Operating income (loss)($468,397) ($1,016,253) Adjustments to reconcile operating income (loss) to net cash flows from operating activities: Depreciation - - Changes in assets and liabilities: Decrease (increase) in: Accounts receivable - - Prepaid items (66,715)(8,707) Increase (decrease) in: Accounts payable (7,678)(56,002) Contracts payable - - Accrued salaries payable (145)3,281 Accrued flex spending 8,587 (629) Compensated absences payable 145,504 (26,760) Other postemployment benefits 311,019 320,333 Total adjustments 390,572 231,516 Net cash provided by (used in) operating activities ($77,825) ($784,737) Supplemental schedule of noncash capital and related financing activities Capital assets acquired through financing $ - $ - Disposal of capital assets $ - $ - 6100 Employee Administrative 138 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 145 Statement 23 Page 2 of 2 2014 2013 2014 2013 2014 2013 ($30,566)$3,926 ($2,177,411) ($3,823,368)($2,676,374) ($4,835,695) - - 1,737,281 1,347,225 1,737,281 1,347,225 - 200 (579) - (579)200 2,738 27,688 16,749 - (47,228)18,981 43,378 (13,988)136,771 57,611 172,471 (12,379) - (24,409)(156,193) 136,815 (156,193) 112,406 - - - - (145)3,281 - - - - 8,587 (629) - - - - 145,504 (26,760) - - - - 311,019 320,333 46,116 (10,509)1,734,029 1,541,651 2,170,717 1,762,658 $15,550 ($6,583)($443,382) ($2,281,717)($505,657) ($3,073,037) $ - $ - $40,500 $ - $40,500 $ - $ - $ - $803,975 $ - $803,975 $ - 6200 Uninsured Loss 6400 Capital Replacement Totals 139 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 146 CITY OF ST. LOUIS PARK, MINNESOTA BALANCE SHEET Statement 24 GENERAL FUND December 31, 2014 With Comparative Totals For December 31, 2013 2014 2013 Assets Cash and investments $19,235,324 $17,261,132 Accrued interest receivable 31,318 39,656 Due from other governments 308,195 537,954 Accounts receivable 211,229 204,824 Taxes receivable - unremitted 15,620 1,148,350 Taxes receivable - delinquent 291,372 160,983 Prepaid items 48,552 52,248 Inventory 349,351 204,003 Total assets $20,490,961 $19,609,150 Liabilities, Deferred Inflows of Resources, and Fund Balance Liabilities: Accounts payable $572,847 $1,024,758 Salaries payable 1,288,119 1,091,445 Due to other governments 74,952 53,311 Contracts payable - 24,740 Deposits payable 1,334,456 1,003,101 Unearned revenue 715,639 460,446 Total liabilities 3,986,013 3,657,801 Deferred inflows of resources: Unavailable revenue 342,211 162,583 Total deferred inflows of resources 342,211 162,583 Fund balance: Nonspendable 397,873 256,251 Restricted 492,223 498,922 Assigned 696,293 691,171 Unassigned 14,576,348 14,342,422 Total fund balance 16,162,737 15,788,766 Total liabilities, deferred inflows of resources, and fund balance $20,490,961 $19,609,150 140 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 147 CITY OF ST. LOUIS PARK, MINNESOTA SUMMARY FINANCIAL REPORT Statement 25 SCHEDULE OF REVENUES AND EXPENDITURES FOR GENERAL OPERATIONS GOVERNMENTAL FUNDS For The Year Ended December 31, 2014 With Comparative Amounts For The Year Ended December 31, 2013 2014 2013 Percent Increase (Decrease) Revenues: Property taxes $24,361,524 $25,658,762 (5.1%) Tax increments 7,380,995 6,647,729 11.0% Franchise taxes 2,268,213 2,211,569 2.6% License and permits 3,413,683 3,069,090 11.2% Intergovernmental 13,216,055 13,887,247 (4.8%) Charges for services 3,476,264 3,052,789 13.9% Fines and forfeits 369,546 311,882 18.5% Special assessments 1,268,539 1,505,568 (15.7%) Interest on investments 386,263 123,306 213.3% Miscellaneous 2,577,300 2,216,820 16.3% Total revenues 58,718,382 58,684,762 0.1% Per capita 1,238 1,266 Expenditures: Current: General government 7,376,380 7,162,588 3.0% Public safety 13,239,729 12,435,341 6.5% Operations and recreation 10,500,789 10,083,541 4.1% Engineering 20,963,383 15,998,842 Public information 462,341 408,683 13.1% Housing and rehabilitation 875,225 1,715,540 (49.0%) Housing maintenance 130,534 141,250 (7.6%) Social economic development 7,928,905 8,910,821 (11.0%) Capital outlay: Public safety 16,901 163,766 (89.7%) Operations and recreation 337,505 930,249 (63.7%) Engineering 1,845,182 798,517 Public information - 18,163 0.0% Social and economic development 72,400 179,103 (59.6%) Debt service: Principal 1,970,000 3,275,000 (39.8%) Interest 1,138,100 1,298,016 (12.3%) Bond issuance costs 52,393 - 0.0% Fiscal agent fees 2,040 3,895 0.0% Total expenditures $66,911,807 $63,523,315 5.3% Per capita 1,411 1,370 Total bonds payable 28,155,000 25,055,000 12.4% Per capita 594 469 General Fund balance 16,162,737 15,788,766 2.4% Per capita 341 341 The purpose of this report is to provide a summary of financial information concerning the City of St. Louis Park to interested citizens. The complete financial statements may be examined at City Hall, 5005 Minnetonka Blvd, St. Louis Park, Minnesota 55416-2216. Questions about this report should be directed to Brian Swanson, Controller at (952) 924-2500. Total Governmental Funds 141 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 148 - This page intentionally left blank - 142 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 149 III. STATISTICAL SECTION (UNAUDITED) 143 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 150 CITY OF ST. LOUIS PARK, MINNESOTA STATISTICAL SECTION (UNAUDITED) NET POSITION BY COMPONENT LAST TEN FISCAL YEARS 2005 2006 2007 2008 Governmental activities Net investment in capital assets $47,555,983 $56,843,474 $74,883,912 $76,600,774 Restricted 10,841,736 9,340,767 13,098,282 - Unrestricted 59,482,664 60,462,334 46,155,656 65,908,328 Total governmental activities net position $117,880,383 $126,646,575 $134,137,850 $142,509,102 Business-type activities Net investment in capital assets $25,769,652 $25,629,760 $25,644,428 $27,559,942 Unrestricted 9,119,032 7,514,603 7,499,935 6,414,768 Total business-type activities net position $34,888,684 $33,144,363 $33,144,363 $33,974,710 Total primary government Net investment in capital assets $73,325,635 $82,473,234 $100,528,340 $104,160,716 Restricted 10,841,736 9,340,767 13,098,282 - Unrestricted 68,601,696 67,976,937 53,655,591 72,323,096 Total primary government $142,870,139 $152,769,067 $159,790,938 $ - Note: GASB 65 was implemented in 2013. Net position was restated for 2012 to reflect the expenses of bond issuance costs in the year of issuance. Net position for years prior to 2012 was not restated. Fiscal Year 144 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 151 Table 1 2009 2010 2011 2012 2013 2014 $89,252,994 $94,326,512 $99,835,484 $95,020,700 $96,480,493 $94,891,625 20,075,976 21,692,426 17,695,996 18,941,172 13,560,965 10,971,995 40,508,755 40,581,189 43,929,086 46,413,200 45,688,600 49,971,778 $149,837,725 $156,600,127 $161,460,566 $160,375,072 $155,730,058 $155,835,398 $23,977,469 $21,717,923 $22,347,266 $22,906,086 $19,127,309 $22,818,382 6,903,776 8,433,915 8,524,086 9,829,024 11,540,303 4,783,696 $30,881,245 $30,151,838 $30,871,352 $32,735,110 $30,667,612 $27,602,078 $113,230,463 $116,044,435 $122,182,750 $117,926,786 $115,607,802 $117,710,007 20,075,976 21,692,426 17,695,996 18,941,172 13,560,965 10,971,995 47,412,531 49,015,104 52,453,172 56,001,992 57,228,903 54,755,474 $180,718,970 $186,751,965 $192,331,918 $192,869,950 $186,397,670 $183,437,476 Fiscal Year 145 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 152 CITY OF ST. LOUIS PARK, MINNESOTA STATISTICAL SECTION (UNAUDITED) CHANGES IN NET POSITION LAST TEN FISCAL YEARS (accrual basis of accounting) 2005 2006 2007 2008 Expenses Governmental activities General government $6,802,845 $7,155,916 $8,251,341 $8,216,816 Public safety 10,262,906 11,695,841 10,721,803 11,867,403 Public works 5,520,192 6,895,260 5,979,789 6,904,217 Public information 262,962 231,124 404,074 425,829 Culture and recreation 6,262,800 6,399,633 6,916,001 7,352,406 Operations and recreation - - - - Engineering - - - - Housing and rehabilitation 397,834 728,433 1,079,211 1,615,010 Housing maintenance 161,558 373,393 121,118 199,757 Social and economic development 3,888,897 9,784,543 5,910,149 5,494,634 General services 7,626 22,484 6,830 2,653 Interest on long-term debt 1,478,427 1,345,023 1,301,266 1,329,767 Total governmental activities expenses 35,046,047 44,631,650 40,691,582 43,408,492 Business-type activities Water 2,607,123 2,845,614 3,285,107 3,391,992 Sewer 3,904,543 4,268,952 4,199,659 4,485,386 Solid waste - - - - Refuse 2,019,204 2,029,302 2,019,595 2,135,677 Storm water 793,977 1,032,410 1,088,170 1,172,199 Wireless - 402,683 1,151,751 315,664 Total business-type activities expenses 9,324,847 10,578,961 11,744,282 11,500,918 Total expenses $44,370,894 $55,210,611 $52,435,864 $54,909,410 Program revenues Governmental activities Charges for services General government $639,679 $936,199 $978,058 $955,811 Public safety 3,488,259 3,049,369 2,977,475 4,282,699 Public works - 432,932 1,483,824 380,452 Public information - - - - Culture and recreation 2,317,222 1,886,153 2,409,625 2,121,505 Operations and recreation - - - - Engineering - - - - Housing and rehabilitation - 456,088 527,536 507,163 Housing maintenance 1,378,015 - - - Social and economic development - 32,456 202,110 173,960 Interest on long-term debt - - - - Operating grants and contributions 1,283,407 7,703,241 3,908,485 3,581,092 Capital grants and contributions 2,412,375 6,290,881 2,113,560 2,822,683 Total governmental activities program revenue 11,518,957 20,787,319 14,600,673 14,825,365 Business-type activities Charges for services Water 2,363,709 2,968,926 3,461,301 3,584,384 Sewer 4,367,868 4,584,802 4,820,732 4,506,339 Solid waste - - - - Refuse 1,857,808 2,124,203 2,395,469 2,348,133 Storm water 914,701 1,169,915 1,473,746 1,529,180 Wireless - 41,057 68,959 51,322 Operating grants and contributions 119,165 263,181 208,814 966,053 Capital grants and contributions 1,236,740 209,277 - 1,040,384 Total business-type activities program revenue 10,859,991 11,361,361 12,429,021 14,025,795 Total program revenues $22,378,948 $32,148,680 $27,029,694 $28,851,160 Fiscal Year 146 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 153 Table 2 Page 1 of 2 2009 2010 2011 2012 2013 2014 $8,167,355 $7,192,652 $7,247,716 $7,387,354 $10,085,905 $9,161,922 12,138,185 12,256,272 12,535,793 13,264,220 13,365,297 13,954,604 6,915,541 19,446,758 7,513,833 - - - 457,872 435,050 803,885 524,012 466,043 507,928 7,456,215 7,792,614 7,882,789 - - - - - - 15,209,548 13,487,238 13,318,552 - - - 5,253,969 16,046,665 21,045,392 1,544,175 4,150,595 794,935 3,914,261 1,774,657 909,051 128,099 241,345 79,786 116,949 141,250 130,534 6,321,623 4,861,518 6,171,527 7,810,635 9,040,280 8,058,914 7,662 - - - - - 1,543,879 1,453,555 1,695,758 1,245,294 1,295,298 1,185,975 44,680,606 57,830,359 44,726,022 54,726,242 65,702,633 68,272,872 4,089,837 3,904,801 3,839,592 3,890,860 5,747,116 4,609,579 4,228,680 4,193,191 4,572,869 4,593,166 5,272,646 4,885,748 - 2,116,949 2,319,099 2,562,985 3,614,118 2,813,587 2,125,540 - - - - - 1,287,202 1,325,803 1,373,546 1,485,390 1,390,235 1,422,645 151,708 - - - - - 11,882,967 11,540,744 12,105,106 12,532,401 16,024,115 13,731,559 $56,563,573 $69,371,103 $56,831,128 $67,258,643 $81,726,748 $82,004,431 $888,246 $1,065,209 $1,059,527 $1,060,679 $1,024,253 $1,142,294 2,958,383 2,898,634 2,917,525 3,344,449 3,109,813 3,477,244 2,292,287 601,890 315,163 - - - - - 200,000 - - - 2,083,015 1,959,556 2,111,348 2,438,841 - - - - - - 2,035,715 2,089,052 - - - - 1,032 318,873 562,930 8,833 62,191 8,162 8,606 7,537 - - - - - 241 184,236 588,757 316,935 281,002 250,015 224,252 318,134 - - - - - 2,664,563 1,735,926 2,065,312 2,360,465 2,709,644 2,024,171 2,131,755 14,908,522 1,878,697 6,290,076 11,881,109 12,066,132 14,083,549 23,767,327 10,926,698 15,783,674 21,020,187 21,349,796 4,294,962 4,148,394 4,475,068 5,109,446 5,037,067 5,188,065 5,153,171 5,277,473 5,768,266 5,959,931 5,822,085 5,841,377 - 2,719,376 2,894,726 2,858,930 2,912,415 3,179,732 2,458,555 - - - - - 1,699,557 1,829,792 1,904,587 1,977,663 2,054,915 2,246,201 16,140 - - - - - 167,604 103,342 103,166 105,976 135,642 127,742 - 2,890 - - - - 13,789,989 14,081,267 15,145,813 16,011,946 15,962,124 16,583,117 $27,873,538 $37,848,594 $26,072,511 $31,795,620 $36,982,311 $37,932,913 Fiscal Year 147 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 154 CITY OF ST. LOUIS PARK, MINNESOTA STATISTICAL SECTION (UNAUDITED) CHANGES IN NET POSITION LAST TEN FISCAL YEARS (accrual basis of accounting) 2005 2006 2007 2008 Net (expenses) revenues Governmental activities ($23,527,090) ($23,844,331) ($26,090,909) ($28,583,127) Business-type activities 1,535,144 755,400 684,739 2,524,877 Total primary government ($21,991,946) ($23,088,931) ($25,406,170) ($26,058,250) General Revenues and Other Changes in Net Position Governmental activities: Taxes: Property taxes $21,965,197 $23,538,989 $26,163,519 $28,523,119 Tax increment - - - - Franchise taxes 1,431,779 1,358,902 1,440,034 1,507,994 State grants and contributions not restricted to specific programs 1,520,187 932,634 825,327 519,850 Unrestricted investment earnings 1,484,873 2,881,818 4,139,689 2,133,858 Gain on sale of capital assets 182,373 128,344 378,075 1,842,601 Miscellaneous 672,032 474,054 341,335 470,230 Transfers 2,095,521 1,923,760 1,996,291 1,956,727 Total governmental activities expenses 29,351,962 31,238,501 35,284,270 36,954,379 Business-type activities: Unrestricted investment earnings 184,950 254,966 466,923 243,724 Miscellaneous 3,949 13,702 - 18,473 Gain on sale of capital assets 2,139 - - - Transfers (2,095,521) (1,923,760) (1,996,291) (1,956,727) Total business-type activities expenses (1,904,483) (1,655,092) (1,529,368) (1,694,530) Total primary government $27,447,479 $29,583,409 $33,754,902 $35,259,849 Change in net position: Governmental activities $5,824,872 $7,394,170 $9,193,361 $8,371,252 Business-type activities (369,339) (899,692) (844,629) 830,347 Prior period adjustment - (474,033) 143,969 - Total primary government $5,455,533 $6,020,445 $8,492,701 $9,201,599 Note: GASB 65 was implemented in 2013. Governmental and business-type activities expenses were restated for 2012 to reflect the expensing of bond issuance costs in the year of issuance. Expenses for years prior to 2012 were not restated. Fiscal Year 148 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 155 Table 2 Page 2 of 2 2009 2010 2011 2012 2013 2014 ($30,597,057) ($34,063,032) ($33,799,324) ($38,942,568) ($44,682,446) ($46,923,076) 1,907,022 2,540,523 3,040,707 3,479,545 (61,991) 2,851,558 ($28,690,035) ($31,522,509) ($30,758,617) ($35,463,023) ($44,744,437) ($44,071,518) $29,512,631 $29,642,090 $23,527,322 $24,625,789 $26,963,176 $27,398,157 - - 7,222,976 6,446,389 6,647,729 7,380,995 1,503,075 1,497,178 1,894,714 1,954,557 2,211,569 2,268,213 153,108 151,624 156,325 46,422 45,266 504,035 1,452,176 629,094 1,048,395 663,978 138,899 407,753 91,149 34,453 51,686 60,416 69,237 464,629 11,229 950,231 2,300,478 2,183,685 2,199,629 2,609,539 5,202,312 3,358,921 2,457,867 1,660,035 1,761,927 5,995,095 37,925,680 36,263,591 38,659,763 37,641,271 40,037,432 47,028,416 201,825 88,991 136,674 113,260 (3,348) 78,003 - - - - - - - - - - - - (5,202,312) (3,358,921) (2,457,867) (1,660,035) (1,761,927) (5,995,095) (5,000,487) (3,269,930) (2,321,193) (1,546,775) (1,765,275) (5,917,092) $32,925,193 $32,993,661 $36,338,570 $36,094,496 $38,272,157 $41,111,324 $7,328,623 $2,200,559 $4,860,439 ($1,301,297) ($4,645,014) $105,340 (3,093,465) (729,407) 719,514 1,932,770 (1,827,266) (3,065,534) - - - - - - $4,235,158 $1,471,152 $5,579,953 $631,473 ($6,472,280) ($2,960,194) Fiscal Year 149 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 156 - This page intentionally left blank - 150 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 157 CITY OF ST. LOUIS PARK, MINNESOTA STATISTICAL SECTION (UNAUDITED)Table 3 GOVERNMENTAL ACTIVITIES TAX REVENUES BY SOURCE LAST TEN FISCAL YEARS Fiscal Property Franchise Year Tax Tax Total 2005 $21,965,197 $1,431,779 $23,396,976 2006 23,538,989 1,358,902 24,897,891 2007 26,163,519 1,440,034 27,603,553 2008 28,523,119 1,507,993 30,031,112 2009 28,523,119 1,503,075 30,026,194 2010 29,316,753 1,497,178 30,813,931 2011 30,853,927 1,894,714 32,748,641 2012 31,220,365 1,954,557 33,174,922 2013 33,610,905 2,211,569 35,822,474 2014 34,779,152 2,268,213 37,047,365 151 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 158 CITY OF ST. LOUIS PARK, MINNESOTA STATISTICAL SECTION (UNAUDITED) FUND BALANCES OF GOVERNMENTAL FUNDS LAST TEN FISCAL YEARS (modified accrual basis of accounting) 2005 2006 2007 2008 General fund Reserved $118,002 $104,774 $13,719 $29,368 Unreserved 8,622,091 9,847,341 10,100,187 11,697,232 Nonspendable - - - - Restricted - - - - Assigned - - - - Unassigned - - - - Total General fund $8,740,093 $9,952,115 $10,113,906 $11,726,600 All other governmental funds Reserved $19,338,220 $9,276,305 $10,229,125 $10,610,175 Unreserved, reported in: Special revenue funds 7,707,696 10,012,784 9,450,210 7,134,284 Capital projects funds 30,396,836 38,126,004 38,889,030 43,134,211 Other funds 2,257,068 - - - Nonspendable - - - - Restricted - - - - Committed - - - - Assigned - - - - Unassigned - - - - Total all other governmental funds $59,699,820 $57,415,093 $58,568,365 $60,878,670 Note: The City implemented GASB Statement No. 54 for the fiscal year ended December 31, 2010, resulting in significant reclassification of the components of fund balance. Fiscal Year 152 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 159 Table 4 2009 2010 2011 2012 2013 2014 $572,206 $ - $ - $ - $ - $ - 7,326,638 - - - - - - 80,664 71,192 70,450 256,251 397,873 - 425,967 427,718 458,448 498,922 492,223 - 124,503 139,483 690,242 691,171 696,293 - 10,399,401 10,799,829 10,757,776 14,342,422 14,576,348 $7,898,844 $11,030,535 $11,438,222 $11,976,916 $15,788,766 $16,162,737 $7,540,696 $ - $ - $ - $ - $ - 7,568,944 - - - - - 40,680,331 - - - - - - - - - - - - 11,570,382 11,391,114 14,059,579 13,889,317 7,122,122 - 32,296,848 18,298,167 17,196,417 11,769,076 9,210,361 - 466,792 511,610 459,160 467,682 483,590 - 25,151,409 26,518,495 25,583,093 22,925,072 35,032,602 - (7,872,234) (5,042,828) (7,567,117) (7,020,483) (8,819,377) $55,789,971 $61,613,197 $51,676,558 $49,731,132 $42,030,664 $43,029,298 Fiscal Year 153 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 160 CITY OF ST. LOUIS PARK, MINNESOTA STATISTICAL SECTION (UNAUDITED) CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS LAST TEN FISCAL YEARS (modified accrual basis of accounting) 2005 2006 2007 2008 Revenues Taxes $21,909,256 $19,416,738 $20,951,991 $21,563,302 Tax increments - 5,390,257 6,597,092 8,371,424 Franchise taxes - - - - Licenses and permits 2,932,988 2,934,270 2,946,749 4,072,753 Intergovernmental 5,410,252 12,943,457 3,737,619 2,424,119 Charges for services 4,197,987 2,394,509 276,693 324,512 Fines and forfeits 286,003 322,558 4,482,834 3,894,839 Special assessments 827,361 843,030 840,965 703,484 Investment earnings 1,323,843 2,717,490 3,851,542 1,990,854 Miscellaneous 2,397,275 2,648,354 3,038,836 3,591,212 Total revenues 39,284,965 49,610,663 46,724,321 46,936,499 Expenditures General government 5,662,931 5,985,314 6,642,231 6,642,295 Public safety 11,221,408 11,060,618 10,851,256 11,744,656 Public works 3,772,650 4,934,433 4,089,223 4,671,631 Public information 259,461 227,106 393,863 415,609 Culture and recreation 5,271,726 6,095,959 7,274,375 6,213,945 Operations and recreation - - - - Engineering - - - - Housing and rehabilitation 397,834 739,391 688,062 1,621,099 Housing maintenance 161,558 373,393 121,118 199,757 Social and economic development 1,405,434 9,124,251 5,822,842 5,162,698 General services 7,626 22,484 6,830 2,653 Debt service: Principal 3,680,000 6,360,000 4,065,000 4,485,000 Interest 1,626,517 1,450,460 1,304,565 1,365,484 Other charges 59,589 - - - Capital outlay 11,206,131 4,567,251 5,804,342 9,998,748 Total expenditures 44,732,865 50,940,660 47,063,707 52,523,575 Excess (deficiency) of revenues over (under) expenditures (5,447,900) (1,329,997) (339,386) (5,587,076) Other financing sources (uses) Transfers in 9,650,253 6,432,713 8,383,989 11,129,934 Transfers out (8,716,751) (5,480,804) (7,008,202) (9,233,136) Principal paid on refunded bonds - - - - Refunding bonds issued 2,370,000 - - - Bonds issued 3,705,000 - - 5,490,000 Premium on bonds issued 151,602 - - - Discount on bonds issued (5,746) - - - Redemption of refunded bonds - - - - Payments to refunded bond escrow agent - - - - Costs paid to refunded bond escrow agent - - - - Gain (loss) on sale of capital assets 1,566,691 (220,584) 278,662 2,123,277 Total other financing sources (uses)8,721,049 731,325 1,654,449 9,510,075 Net change in fund balances $3,273,149 ($598,672) $1,315,063 $3,922,999 Debt service as a percentage of noncapital expenditures 15.83%16.84%13.01%13.76% Fiscal Year 154 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 161 Table 5 2009 2010 2011 2012 2013 2014 $21,700,329 $22,667,190 $23,336,537 $24,259,861 $25,658,762 $24,361,524 7,846,204 6,649,563 7,222,976 6,446,389 6,647,729 7,380,995 1,503,075 1,497,178 1,894,714 1,954,557 2,211,569 2,268,213 2,786,032 2,359,716 2,797,700 3,241,813 3,069,090 3,413,683 3,867,795 11,879,601 3,105,500 2,983,191 13,887,247 13,216,055 4,228,179 4,051,971 3,897,710 3,547,900 3,052,789 3,476,264 332,694 401,610 281,047 341,356 311,882 369,546 800,054 1,550,110 985,912 2,233,715 1,505,568 1,268,539 1,358,170 612,098 949,510 622,450 123,306 386,263 2,615,062 3,050,231 2,285,608 2,188,262 2,216,820 2,577,300 47,037,594 54,719,268 46,757,214 47,819,494 58,684,762 58,718,382 6,472,022 6,219,751 6,415,318 6,503,965 7,162,588 7,376,380 11,949,612 11,771,246 11,885,577 12,571,356 12,435,341 13,239,729 4,637,289 15,624,494 4,437,939 - - - 445,146 387,459 383,586 470,280 408,683 462,341 6,027,059 6,234,938 6,546,054 - - - - - - 13,955,142 10,083,541 10,450,789 - - - 939,416 15,998,842 21,013,383 1,550,264 4,144,378 790,918 3,881,500 1,715,540 875,225 128,099 241,170 79,786 116,949 141,250 130,534 6,241,123 4,720,638 6,426,013 7,681,176 8,910,821 7,928,905 7,662 - - - - - 4,709,000 2,170,000 5,420,000 1,285,000 3,275,000 1,970,000 1,322,477 1,170,286 1,170,549 1,235,118 1,298,016 1,138,100 - 453,288 1,040 46,435 3,895 54,433 10,314,002 6,306,083 14,295,009 3,930,528 2,089,798 2,271,988 53,803,755 59,443,731 57,851,789 52,616,865 63,523,315 66,911,807 (6,766,161) (4,724,463) (11,094,575) (4,797,371) (4,838,553) (8,193,425) 9,939,299 11,809,353 7,086,529 6,395,355 10,472,534 19,317,129 (10,579,081) (14,974,391) (5,520,906) (5,580,044) (9,531,189) (15,241,005) - - - - - - - 3,615,000 - 1,290,000 - - 2,000,000 16,130,000 - - - 5,070,000 10,202 2,792 - - - 98,040 - - - - - - - (1,825,000) - - - - (6,045,000)4,430,000 - - - - (199,425)(4,164,000) - - - - - 27,412 - 885,328 8,590 321,866 (4,874,005)15,051,166 1,565,623 2,990,639 949,935 9,566,030 ($11,640,166)$10,326,703 ($9,528,952)($1,806,732)($3,888,618)$1,372,605 13.87%6.29%12.86%5.27%7.44%4.89% Fiscal Year 155 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 162 CITY OF ST. LOUIS PARK, MINNESOTA STATISTICAL SECTION (UNAUDITED) ASSESSED VALUE/TAX CAPACITY VALUE AND ESTIMATED MARKET VALUE OF ALL TAXABLE PROPERTY LAST TEN FISCAL YEARS 2005 2006 2007 2008 Population 44,511 44,422 43,145 47,198 Real Property Total assessed/tax capacity value $56,737,869 $62,912,413 $68,025,921 $68,006,453 Less tax increment districts -(5,211,867) (6,335,246) (7,644,566)(7,639,464) Area-wide allocation (net)(1,153,662) (1,186,353) (1,498,263)(1,498,263) Net assessed/tax capacity value $50,372,340 $55,390,814 $58,883,092 $58,868,726 Estimated market value $4,841,195,800 $5,232,595,500 $5,553,715,600 $5,552,520,000 Personal Property Assessed/tax capacity value $464,571 $489,063 $458,627 $458,627 Estimated market value $23,527,400 $24,807,500 $23,263,700 $23,263,700 Total Real and Personal Property Assessed/tax capacity value $50,836,911 $55,879,877 $59,341,719 $59,327,353 Estimated market value $4,864,723,200 $5,257,403,000 $5,576,979,300 $5,575,783,700 Tax Capacity Rate 35.2%34.3%34.1%35.6% Fiscal Year 156 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 163 Table 6 2009 2010 2011 2012 2013 2014 47,221 45,250 44,665 45,505 46,362 47,411 $69,704,858 $68,386,268 $65,611,006 $62,602,680 $61,348,576 $62,068,742 (8,276,993) (6,976,791) (6,379,980) (5,426,995) (5,587,609) (6,130,653) (1,635,724) (1,231,482) (2,775,483) (3,220,881) (2,940,678) (3,670,487) $59,792,141 $60,177,995 $56,455,543 $53,954,804 $52,820,289 $52,267,602 $5,633,028,200 $5,550,563,700 $5,302,557,500 $5,226,900,300 $5,103,186,900 $5,123,316,900 $434,825 $428,760 $478,864 $490,122 $559,718 $576,427 $22,006,100 $21,712,100 $24,363,800 $24,962,100 $28,487,900 $29,320,000 $60,226,966 $60,606,755 $56,934,407 $54,444,926 $53,380,007 $52,844,029 $5,655,034,300 $5,572,275,800 $5,326,921,300 $5,251,862,400 $5,131,674,800 $5,152,636,900 36.9% 37.7% 41.7% 43.9% 46.6% 50.2% Fiscal Year 157 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 164 STATISTICAL SECTION (UNAUDITED)Table 7 2007 2008 2009 2010 2011 2012 2013 2014 Operating Rate 32.344 32.504 34.402 34.869 39.689 40.303 42.902 45.868 Debt Service Rate 2.394 2.255 2.265 2.247 1.77 3.563 3.65 2.702 Total City of St. Louis Park 34.738 34.759 36.667 37.116 41.459 43.866 46.552 48.570 County Operating Rate 39.11 38.571 40.413 42.640 45.840 48.231 49.461 49.959 School District Operating Rate 11.704 8.691 9.08 9.295 12.917 13.324 13.976 16.741 Debt Service Rate 11.781 10.889 11.257 11.803 13.539 15.946 15.754 15.617 Other Taxing Districts St. Louis Park HRA Levy 1.336 1.344 1.759 1.718 1.817 1.806 1.676 1.808 Metro Mosquito Control 0.499 0.486 0.489 0.461 0.525 0.537 0.556 0.563 Metro Council 0.877 0.812 0.817 0.793 0.885 0.94 0.997 1.069 Metro Transit Debt 1.295 1.264 1.273 1.366 1.539 1.607 1.689 1.703 Hennepin County HRA - - - 0.241 0.397 0.403 0.478 0.514 Hennepin Parks 3.068 3.137 3.334 3.499 3.765 3.943 4.054 4.169 Park Museum 0.700 0.719 0.771 0.778 0.815 0.799 0.754 0.766 HC Regional Railroad Authority 0.871 0.979 0.470 1.000 1.246 1.294 1.561 1.777 Referendum Market Value Based Rate - - - 0.152 0.148 0.000 - - Watershed 1.121 1.404 1.489 1.511 1.606 1.705 1.769 1.806 Total 107.100 103.055 107.819 112.373 126.498 134.401 139.277 145.062 Note: Fiscal Year 2005 was the first year of implementing GASB Statement No. 44. City of St. Louis Park Overlapping Rates CITY OF ST. LOUIS PARK, MINNESOTA PROPERTY TAX RATES - DIRECT AND OVERLAPING GOVERNMENTS LAST EIGHT FISCAL YEARS Year 158 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 165 CITY OF ST. LOUIS PARK, MINNESOTA STATISTICAL SECTION (UNAUDITED)Table 8 PRINCIPAL PROPERTY TAXPAYERS CURRENT YEAR AND NINE YEARS AGO Percentage Percentage of Total of Total Taxable Taxable Taxable Taxable Assessed Assessed Assessed Assessed Value Rank Value Value Rank Value Interchange Investors 87,000,000$ 1 1.69 % 53,000,000 3 1.09 % ARC WEMPSMN001, LLC 78,706,000 2 1.53 68,176,600 1 1.40 G & I VII 1600 & Moneygram LLC 69,052,700 3 1.34 - - - Excelsior & Grand LLC 63,698,000 4 1.24 35,419,400 6 0.73 PNMC Holdings 56,152,200 5 1.09 - - - West End Office MN, LLC 43,000,000 6 0.83 - - - VIF II/ Park Place East/West LLC 38,372,000 7 0.74 - - - Camerata LLC 36,300,000 8 0.70 - - - Ellipse On Excelsior LLC 35,133,800 9 0.68 - - - 36 Park LLC 32,640,000 10 0.63 - - - WTC No 459 Corp - - - 25,235,000 7 0.52 Healthpartners - - - 58,460,200 2 1.20 Parkdale Property LLC - - - 44,235,000 4 0.91 Park Place OPCO LLC - - - 39,710,000 5 0.82 General Growth/Knollwood Co.- - - 24,025,000 8 0.49 Park Blvd. Housing Partnership - - - 22,800,000 9 0.47 Meadowbrook Manor, Inc.- - - 20,010,300 10 0.41 Total 540,054,700$ 10.47 % 391,071,500$ 8.04 % Total taxable assessed value $5,152,636,900 $4,864,723,200 Note: Overlapping governments are those that coincide, at least in part, with the geographic boundaries of the City of St. Louis Park. This schedule estimates the portion of the outstanding debt of those overlapping governments that is borne by the residents and businesses of the City of St. Louis Park. This process recognizes that, when considering the City's ability to issue and repay long-term debt, the entire burden borne by the residents and businesses should be taken into account. However, this does not imply that every taxpayer is a resident, and therefore responsible for repaying the debt of each overlapping government. Taxpayer 2014 2005 159 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 166 CITY OF ST. LOUIS PARK, MINNESOTA STATISTICAL SECTION (UNAUDITED)Table 9 PROPERTY TAX LEVIES AND COLLECTIONS LAST TEN FISCAL YEARS Fiscal Year Total Tax Ended Levy for Percentage Percentage December 31 Fiscal Year Amount of Levy Amount of Levy 2005 $17,901,681 $17,644,699 98.56% $17,901,681 100.00% 2006 19,156,317 18,838,892 98.34% 19,156,317 100.00% 2007 20,221,086 19,965,208 98.73% 20,221,086 100.00% 2008 21,100,651 20,693,403 98.07% 21,100,651 100.00% 2009 22,204,522 21,796,296 98.16% 22,204,522 100.00% 2010 22,841,195 22,465,478 98.36% 22,841,195 100.00% 2011 23,724,816 23,368,028 98.50% 23,699,178 99.89% 2012 24,746,325 24,435,571 98.74% 24,656,290 99.64% 2013 25,613,874 25,379,070 99.08% 25,525,498 99.65% 2014 26,527,267 26,129,048 98.50% 26,129,048 98.50% Collected Within the Fiscal Year of the Levy Total Collections to Date 160 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 167 CITY OF ST. LOUIS PARK, MINNESOTA STATISTICAL SECTION (UNAUDITED)Table 10 RATIOS OF OUTSTANDING DEBT BY TYPE LAST NINE FISCAL YEARS General Total Percentage Fiscal Obligation Tax Increment Capital Revenue Notes Primary of Personal Per Year Bonds Bonds Leases Bonds Payable Government Income (1) Capita (1) 2006 $12,645,000 $17,125,000 $7,500 $2,365,000 $1,791 $32,144,291 2.10% 710.91 2007 11,805,000 13,900,000 - 5,835,000 - 31,540,000 1.96% 668.25 2008 10,715,000 15,995,000 - 9,570,000 - 36,280,000 2.25% 768.68 2009 9,590,000 8,405,000 - 9,185,000 - 27,180,000 1.54% 575.59 2010 26,335,000 7,410,000 - 11,334,924 - 45,079,924 2.71% 996.24 2011 21,420,000 6,905,000 26,220 10,555,000 - 38,906,220 2.32% 854.99 2012 21,730,000 6,600,000 - 9,600,000 - 37,930,000 2.17% 833.53 2013 20,185,000 4,870,000 - 12,785,000 - 37,840,000 2.07% 816.19 2014 23,609,091 4,520,700 24,975 16,826,503 - 44,981,269 2.38% 946.62 Note: Details regarding the City's outstanding debt can be found in the notes to the financial statements. Fiscal Year 2005 was the first year of implementing GASB Statement No. 44. (1) See the Schedule of Demographic Statistics on page 167 for personal income and population data. Governmental Activities Business Type Activities 161 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 168 CITY OF ST. LOUIS PARK, MINNESOTA STATISTICAL SECTION (UNAUDITED)Table 11 RATIOS OF GENERAL BONDED DEBT OUTSTANDING LAST NINE FISCAL YEARS Percentage of Less: Amounts Estimated General Available Actual Taxable Fiscal Obligation in Debt Value of Per Year Bonds Service Funds Total Property (1) Capita (2) 2006 $12,645,000 $1,383,783 $11,261,217 0.21% 245.43 2007 11,805,000 1,715,646 10,089,354 0.18% 223.14 2008 10,715,000 1,798,636 8,916,364 0.16% 188.91 2009 9,590,000 1,378,737 8,211,263 0.15% 173.89 2010 26,335,000 2,765,611 23,569,389 0.42% 520.87 2011 21,420,000 2,792,922 18,627,078 0.35% 417.04 2012 21,730,000 3,862,613 17,867,387 0.34% 392.65 2013 20,185,000 2,409,643 17,775,357 0.35% 383.40 2014 23,609,091 3,050,073 20,559,018 0.40% 433.97 Note: Fiscal Year 2005 was the first year of implementing GASB Statement No. 44. (1) See the Schedule of Assessed Value/Tax Capacity Value and Estimated Market Value on page 156 for property value data. (2) Population data can be found in the Schedule of Demographic Statistics on page 167. 162 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 169 CITY OF ST. LOUIS PARK, MINNESOTA STATISTICAL SECTION (UNAUDITED)Table 12 DIRECT AND OVERLAPPING GOVERNMENTAL ACTIVITIES DEBT AS OF DECEMBER 31, 2014 Share of Debt Percentage Overlapping Outstanding (1) Applicable (2)Debt Overlapping Debt: Hennepin County 753,266,880$ 3.83%28,850,122$ St. Louis Park Independent School District 48,184,573 99.55%47,967,742 Hopkins Independent School District 160,989,283 3.04%4,894,074 Edina Independent School District 59,987,919 0.07%41,992 Hennepin County Suburban Park District 52,209,049 5.22%2,725,312 Hennepin Regional RR Authority 35,200,157 5.22%1,837,448 Metropolitan Council 93,953,739 1.97%1,850,889 Subtotal of Overlapping Debt:1,203,791,600 88,167,579 Direct Debt: City of St. Louis Park 28,162,866 100.00%28,162,866 Total of Direct and Overlapping Debt:1,231,954,466$ 116,330,445$ Source: Hennepin County, Minnesota Note: Overlapping governments are those that coincide, at least in part, with the geographic boundaries of the City of St. Louis Park. This schedule estimates the portion of the outstanding debt of those overlapping governments that is borne by the residents and businesses of the City of St. Louis Park. This process recognizes that, when considering the City's ability to issue and repay long-term debt, the entire burden borne by the residents and businesses should be taken into account. However, this does not imply that every taxpayer is a resident, and therefore responsible for repaying the debt of each overlapping government. (1) Net debt which excludes revenue and special assessment bonds (2) The percentage applicable to the City of St. Louis Park was determined by dividing the portion of tax capacity within the City by the total tax capacity of the of the taxing jurisdiction. Governmental Unit 163 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 170 CITY OF ST. LOUIS PARK, MINNESOTA STATISTICAL SECTION (UNAUDITED) LEGAL DEBT MARGIN INFORMATION LAST EIGHT FISCAL YEARS 2007 2008 2009 Debt Limit $111,539,586 $167,273,511 $159,807,639 Total Net Debt Applicable to Limit 3,127,988 2,747,414 (16,300,000) Legal Debt Margin $108,411,598 $164,526,097 $176,107,639 Total Net Debt Applicable to the Limit as a percentage of Debt Limit 2.80% 1.64%-10.20% Legal Debt Margin Calculation for Fiscal Year Estimated Taxable Market Value $5,576,979,300 $5,575,783,700 $5,326,921,300 Debt Limit (3% of taxable market value)$111,539,586 $167,273,511 $159,807,639 Debt applicable to limit: Total Bonded Debt 31,540,000 36,280,000 - Less: Amount Set Aside for Repayment of G.O. Bonds (452,012)(487,586) - G.O. Revenue Bonds (5,835,000) (9,570,000) - G.O. Improvement Bonds (8,225,000) (7,480,000) (6,710,000) G.O. Tax Increment Bonds (13,900,000) (15,995,000) (9,590,000) Total Net Debt Applicable to Limit:3,127,988 2,747,414 (16,300,000) Legal Debt Margin:$108,411,598 $164,526,097 $176,107,639 Note A: Under State of Minnesota law, the City of St. Louis Park's outstanding general obligation debt should not exceed 3 percent of the market value of the taxable property. By law, the general obligation debt subject to the limitation may be offset by amounts set aside for the extinguishment of those obligations. Note B: Fiscal Year 2005 was the first year of implementing GASB Statement No. 44. Fiscal Year 164 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 171 Table 13 2010 2011 2012 2013 2014 $167,168,274 $159,807,639 $157,555,872 153,950,244$ 154,579,107$ 15,535,000 15,150,000 14,755,000 13,820,000$ 17,959,975$ $151,633,274 $144,657,639 $142,800,872 $140,130,244 $136,619,132 9.29% 9.48% 9.36% 8.98% 11.62% $5,572,275,800 $5,326,921,300 $5,251,862,400 $5,131,674,800 $5,152,636,900 $167,168,274 $159,807,639 $157,555,872 $153,950,244 $154,579,107 45,079,924 38,880,000 37,930,000 37,840,000 44,879,975 - - - - - (11,334,924) (10,555,000) (9,600,000) (12,785,000) (16,700,000) (10,800,000) (6,270,000) (6,975,000) (6,365,000) (5,690,000) (7,410,000) (6,905,000) (6,600,000) (4,870,000) (4,530,000) 15,535,000 15,150,000 14,755,000 13,820,000 17,959,975 $151,633,274 $144,657,639 $142,800,872 $140,130,244 $136,619,132 Fiscal Year 165 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 172 CITY OF ST. LOUIS PARK, MINNESOTA STATISTICAL SECTION (UNAUDITED)Table 14 PLEDGED REVENUE BOND COVERAGE LAST EIGHT FISCAL YEARS Utility Less:Net Fiscal Charges Operating Available Year and Other Expenses Revenue Principal Interest Coverage 2007 $5,025,203 ($4,115,066) $910,137 $195,000 $103,898 3.04% 2008 5,200,332 (4,300,290) 900,042 340,000 264,902 1.49% 2009 5,985,714 (4,982,093) 1,003,621 385,000 374,208 1.32% 2010 5,981,074 (3,851,018) 2,130,056 400,000 327,325 2.93% 2011 12,186,180 (8,269,813) 3,916,367 525,000 363,435 4.41% 2012 13,079,123 (8,387,329) 4,691,794 1,405,000 375,218 2.64% 2013 12,659,936 (10,417,099) 2,242,838 985,000 324,393 1.71% 2014 13,277,524 (10,514,981) 2,762,543 1,015,000 352,614 2.02% Note: Details regarding the government's outstanding debt can be found in the notes to the financial statements. Fiscal Year 2005 was the first year of implementing GASB Statement No. 44. Water, Sewer, and Storm Water charges and other includes investment earnings. Operating expenses do not include interest, depreciation or transfers out. Debt Service 166 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 173 CITY OF ST. LOUIS PARK, MINNESOTA STATISTICAL SECTION (UNAUDITED)Table 15 DEMOGRAPHIC STATISTICS LAST TEN FISCAL YEARS Personal Income (amounts expressed Per Capita Median School Unemployment Year Population (1) in thousands) Income (1) Age (1) Enrollment (2) Rate (3) 2005 44,511 $1,451,311 $32,606 37.5 4,251 3.4% 2006 44,422 1,491,876 33,584 37.7 4,098 3.1% 2007 45,216 1,527,170 33,775 38.3 4,175 3.7% 2008 47,198 1,613,039 34,176 35.8 4,258 5.6% 2009 47,221 1,761,674 37,307 35.7 4,447 5.9% 2010 45,250 1,660,539 36,697 35.5 4,347 3.9% 2011 44,665 1,680,297 37,620 35.4 4,365 4.4% 2012 45,505 1,744,525 38,337 35.4 4,472 4.6% 2013 46,362 1,828,193 39,433 35.4 4,545 4.4% 2014 47,411 1,884,398 39,746 35.4 4,590 2.6% Source: (1) Federal Census Bureau data (2) St. Louis Park School District (3) Minnesota Department of Employment and Economic Development 167 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 174 CITY OF ST. LOUIS PARK, MINNESOTA STATISTICAL SECTION (UNAUDITED)Table 16 PRINCIPAL EMPLOYERS CURRENT YEAR AND NINE YEARS AGO Employees Rank Employees Rank Park Nicollet Health Services and Methodist Hospital 5,763 1 21.1 % 4,500 1 16.3 % St. Louis Park Public Schools (I.S.D. No. 283)702 2 2.6 762 3 2.8 Sholom Home West 650 3 2.4 - - - Japs-Olson Company 650 4 2.4 800 2 2.9 Target 405 5 1.5 - - - St. Louis Park, City of 336 6 1.2 252 6 0.9 Lifetime Fitness 300 7 1.1 - - - MoneyGram International (formerly Travelers Express) 251 8 0.9 450 5 1.6 Epicor Software Corporation 250 9 0.9 - - - Golden Living Center 230 10 0.8 - - - Nestle Nutrition (formerly Novartis Nutrition)- - - 510 4 1.8 Midwest Plastic Components - - - 200 7 0.7 Onvoy - - - 200 7 0.7 Benilde-St. Margret's High School - - - 140 8 0.5 Northland Aluminum Products - - - 135 9 0.5 Walser Automotive Group - - - 95 10 0.3 Total 9,537 34.85 % 8,044 29.00 % Total City employment 27,369 27,604 2014 2005 Employer Employment Percentage of Total City Percentage of Total City Employment 168 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 175 CITY OF ST. LOUIS PARK, MINNESOTA STATISTICAL SECTION (UNAUDITED)Table 17 FULL-TIME EQUIVALENT EMPLOYEES BY FUNCTION LAST NINE FISCAL YEARS 2006 2007 2008 2009 2010 2011 2012 2013 2014 Function General government 119.1 123.0 122.5 114.5 105.5 95.4 90.3 88.8 88.4 Public safety Police Officers 51.0 51.0 51.0 51.0 51.0 51.0 52.0 52.0 53.0 Civilians 19.5 19.5 18.5 17.0 20.0 23.0 30.0 34.0 35.0 Fire Firefighters and officers 25.0 25.0 25.0 25.0 25.0 24.0 24.0 24.0 24.0 Public Works 32.7 32.0 32.0 32.0 32.0 32.0 33.0 35.0 34.0 Water 7.8 10.3 11.4 11.4 9.9 11.2 11.2 10.9 11.2 Sewer 5.7 3.7 2.7 2.7 3.6 4.9 4.9 4.9 5.5 Refuse 0.7 0.7 1.8 1.8 1.8 3.3 3.3 3.3 4.7 Storm Water 2.0 2.6 2.6 2.6 3.3 4.9 4.8 4.8 6.2 Total Employees 263.5 267.8 267.5 258.0 252.0 249.7 253.5 257.7 262.0 Note: Fiscal Year 2005 was the first year implementing GASB Statement No. 44. Fiscal Year 169 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 176 CITY OF ST. LOUIS PARK, MINNESOTA STATISTICAL SECTION (UNAUDITED)Table 18 OPERATING INDICATORS BY FUNCTION LAST NINE FISCAL YEARS 2006 2007 2008 2009 2010 2011 2012 2013 2014 Police Medical calls 2,876 2,881 3,153 3,110 3,188 3,101 3,152 3,296 2,391 Traffic stops 2,510 1,981 2,724 2,462 4,236 5,362 7,146 6,674 6,907 Other 25,394 24,996 24,412 22,562 21,355 21,742 24,354 25,014 27,752 Fire Inspections/medical/all other calls 4,109 4,141 4,357 4,429 3,893 3,078 3,117 3,360 4,747 Fire calls - residential 67 45 52 82 50 69 66 53 53 Fire calls - structural 16 16 9 14 57 84 76 13 63 Fire calls - other 58 71 46 68 37 53 64 48 91 Cable TV Hours of new programming 124 94 294 250 456 535 - 549.5 311 Inspections Permits 8,527 8,616 13,687 8,895 8,397 9,220 9,091 10,254 11,111 Inspections 18,916 17,797 24,022 27,332 20,204 22,818 23,667 26,902 32,543 Culture and recreation Aquatic park attendance 75,380 80,347 76,218 67,617 69,825 67,422 70,270 52,557 51,894 Hours of ice time 6,508 6,574 6,787 6,354 6,493 4,687 5,444 4,701 4,773 Water Gallons of water production (billions)2.2 2.3 2.4 2.4 2.1 2.1 2.4 2.2 2.09 Average watermain breaks per year 30 30 30 30 30 30 30 27 40 Public Works Snowplowing hours 1,165 1,556 1,672 2,454 3,216 2,543 1,173 6,449 3,752 Note: Fiscal Year 2005 was the first year implementing GASB Statement No. 44. Fiscal Year 170 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 177 CITY OF ST. LOUIS PARK, MINNESOTA STATISTICAL SECTION (UNAUDITED)Table 19 CAPITAL ASSET STATISTICS BY FUNCTION LAST NINE FISCAL YEARS 2006 2007 2008 2009 2010 2011 2012 2013 2014 Function Public safety Police Stations 1111111 11 Patrol units 25 26 26 26 26 26 28 26 25 Fire Stations 2222222 22 Vehicles 13 13 13 13 13 13 14 13 13 Fire hydrants 1,699 1,699 1,699 1,699 1,699 1,699 1,699 1699 1699 Culture and recreation Parks 51 51 53 53 53 57 57 57 57 Trails 10 10 10 10 10 10 10 10 10 Streets Lane miles of streets 290 290 290 310 311 311 311 311 311 Miles of streets 117 117 117 155 156 155 155 155 155 Water Wells 11 11 11 11 11 11 11 11 11 Water treatment plants 6666666 66 Miles of watermain 148 148 148 148 149 160 160 160 160 Sanitary Sewer Lift stations 23 23 23 23 23 23 23 23 23 Miles of sewermain 138 138 138 138 139 147 147 147 147 Storm Sewer Lift stations 10 10 10 10 10 10 10 10 10 Ponds and lakes 26 26 26 26 52 52 52 52 52 Catch basins 2,943 2,943 2,943 3,154 3,731 3,731 3731 3731 3731 Note: Fiscal Year 2005 was the first year implementing GASB Statement No. 44. Fiscal Year 171 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 178 - This page intentionally left blank - 172 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 179 4810 White Bear Parkway, St. Paul, MN, 55110 651.426.7000 www.redpathcpas.com COMMUNICATION WITH THOSE CHARGED WITH GOVERNANCE To the Honorable Mayor and Members of the City Council City of St. Louis Park, Minnesota We have audited the financial statements of the governmental activities; the business- type activities, each major fund and the aggregate remaining fund information of the City of St. Louis Park, Minnesota for the year ended December 31, 2014. Professional standards require that we provide you with information about our responsibilities under generally accepted auditing standards and the standards applicable to financial audits contained in Government Auditing Standards, as well as certain information related to the planning scope and timing of our audit. We have communicated such information in our letter to you dated December 29, 2014. Professional standards also require that we communicate to you the following information related to our audit. Significant Audit Results Qualitative Aspects of Accounting Practices Management is responsible for the selection and use of appropriate accounting policies. The significant accounting policies used by the City are described in Note 1 to the financial statements. No new accounting policies were adopted and the application of existing policies was not changed during 2014. We noted no transactions entered into by the City during the year for which there is a lack of authoritative guidance or consensus. All significant transactions have been recognized in the financial statements in the proper period. Accounting estimates are an integral part of the financial statements prepared by management and are based on management’s knowledge and experience about past and current events and assumptions about future events. Certain accounting estimates are particularly sensitive because of their significance to the financial statements and because of the possibility that future events affecting them may differ significantly from those expected. The most sensitive estimates affecting the financial statements are management’s estimate of the net OPEB obligation which is based on the OPEB actuarial study, management’s estimate of the value of land held for resale which is based on the estimated recoverable costs, and management’s estimate of workers compensation liability which is based on information received from the League of Minnesota Cities Insurance Trust. We evaluated the key factors and assumptions used to develop the estimate for the net OPEB obligation and the value for the land held for resale in determining that they are reasonable in relation to the financial statements taken as a whole. Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 180 City of St. Louis Park, Minnesota Communication With Those Charged With Governance Page 2 The financial statement disclosures are neutral, consistent, and clear. Difficulties Encountered in Performing the Audit We encountered no significant difficulties in dealing with management in performing and completing our audit. Corrected and Uncorrected Misstatements Professional standards require us to accumulate all known and likely misstatements identified during the audit, other than those that are clearly trivial, and communicate them to appropriate level of management. There were no uncorrected misstatements that have an effect on our opinion on the financial statements. The following areas contained material misstatements detected as a result of audit procedures and were corrected by management: prepaid expenses, accounts payable, transfers, and due from other governments. Disagreements with Management For purposes of this letter, a disagreement with management is a financial accounting, reporting, or auditing matter, whether or not resolved to our satisfaction that could be significant to the financial statements or the auditor’s report. We are pleased to report that no such disagreements arose during the course of our audit. Management Representations We have requested certain representations from management that are included in the management representation letter dated May 26, 2015. Management Consultations with Other Independent Accountants In some cases, management may decide to consult with other accountants about auditing and accounting matters, similar to obtaining a “second opinion” on certain situations. If a consultation involves application of an accounting principle to the City’s financial statements or a determination of the type of auditor’s opinion that may be expressed on those statements, our professional standards require the consulting accountant to check with us to determine that the consultant has all the relevant facts. To our knowledge, there were no such consultations with other accountants. Other Audit Findings or Issues We generally discuss a variety of matters, including the application of accounting principles and auditing standards, with management each year prior to retention as the City’s auditors. However, these discussions occurred in the normal course of our professional relationship and our responses were not a condition to our retention. Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 181 City of St. Louis Park, Minnesota Communication With Those Charged With Governance Page 3 Other Matters We applied certain limited procedures to the management discussion and analysis, budgetary comparison information, OPEB Schedule of Funding Progress, and the Notes to Required Supplementary Information, which are required supplementary information (RSI) that supplements the basic financial statements. Our procedures consisted of inquiries of management regarding the methods of preparing the information and comparing the information for consistency with management’s responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We did not audit the RSI and do not express an opinion or provide any assurance on the RSI. We were engaged to report on the combining major and nonmajor fund financial statements and schedules, which accompany the financial statements but are not RSI. With respect to this supplementary information, we made certain inquiries of management and evaluated the form, content, and methods of preparing the information to determine that the information complies with accounting principles generally accepted in the United States of America, the method of preparing it has not changed from the prior period, and the information is appropriate and complete in relation to our audit of the financial statements. We compared and reconciled the supplementary information to the underlying accounting records used to prepare the financial statements or to the financial statements themselves. We are not engaged to report on the introductory, other financial information and statistical sections, which accompany the financial statements but are not RSI. We did not audit or perform other procedures on this other information and we do not express an opinion or provide any assurance on it. Restriction on Use This information is intended solely for the information and use of the City of St. Louis Park, Minnesota’s City Council and management, and is not intended to be, and should not be, used by anyone other than these specified parties. REDPATH AND COMPANY, LTD. St. Paul, Minnesota May 26, 2015 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 182 CITY OF ST. LOUIS PARK, MINNESOTA SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS AND INDEPENDENT AUDITOR’S REPORTS For The Year Ended December 31, 2014 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 183 CITY OF ST. LOUIS PARK, MINNESOTA TABLE OF CONTENTS Page No. Independent Auditor’s Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards 1 Independent Auditor’s Report on Compliance for Each Major Program and on Internal Control over Compliance Required by OMB Circular A-133 3 Schedule of Expenditures of Federal Awards 7 Schedule of Findings and Questioned Costs 8 Minnesota Legal Compliance Report 10 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 184 4810 White Bear Parkway, St. Paul, MN, 55110 651.426.7000 www.redpathcpas.com INDEPENDENT AUDITOR’S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS To the Honorable Mayor and Members of the City Council City of St. Louis Park, Minnesota We have audited, in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States, the financial statements of the governmental activities, the business-type activities, each major fund and the aggregate remaining fund information of the City of St. Louis Park, Minnesota, as of and for the year ended December 31, 2014, and the related notes to the financial statements, which collectively comprise the City of St. Louis Park, Minnesota’s basic financial statements and have issued our report thereon dated May 26, 2015. Internal Control Over Financial Reporting In planning and performing our audit of the financial statements, we considered the City of St. Louis Park, Minnesota’s internal control over financial reporting (internal control) to determine the audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the City of St. Louis Park, Minnesota’s internal control. Accordingly, we do not express an opinion on the effectiveness of the City of St. Louis Park, Minnesota’s internal control. Our consideration of internal control was for the limited purpose described in the preceding paragraph and was not designed to identify all deficiencies in internal control that might be material weaknesses or significant deficiencies and therefore, material weaknesses or significant deficiencies may exist that were not identified. However, as described in the accompanying schedule of findings and questioned costs, we identified a deficiency in internal control that we consider to be a material weakness. A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control such that there is a reasonable possibility that a material misstatement of the entity’s financial statements 1 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 185 Report on Internal Control over Financial Reporting and on Compliance and Other Matters Page 2 will not be prevented, or detected and corrected, on a timely basis. We consider the deficiency described in the accompanying schedule of findings and questioned costs as finding 2014-001 to be a material weakness. Compliance and Other Matters As part of obtaining reasonable assurance about whether the City of St. Louis Park, Minnesota’s financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts and grant agreements, noncompliance with which could have a direct and material effect on the determination of financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards. City of St. Louis Park, Minnesota’s Response to Finding City of St. Louis Park, Minnesota’s response to the finding identified in our audit is described in the accompanying schedule of findings and questioned costs. City of St. Louis Park, Minnesota’s response was not subjected to the auditing procedures applied in the audit of financial statements and, accordingly, we express no opinion on it. Purpose of This Report The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the City of St. Louis Park, Minnesota’s internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the City of St. Louis Park, Minnesota’s internal control over compliance. Accordingly, this communication is not suitable for any other purpose. REDPATH AND COMPANY, LTD. St. Paul, Minnesota May 26, 2015 2 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 186 4810 White Bear Parkway, St. Paul, MN, 55110 651.426.7000 www.redpathcpas.com INDEPENDENT AUDITOR’S REPORT ON COMPLIANCE FOR EACH MAJOR PROGRAM AND ON INTERNAL CONTROL OVER COMPLIANCE REQUIRED BY OMB CIRCULAR A-133 To the Honorable Mayor and Members of the City Council City of St. Louis Park, Minnesota Report on Compliance for Each Major Federal Program We have audited the City of St. Louis Park, Minnesota’s compliance with the types of compliance requirements described in the OMB Circular A-133 Compliance Supplement that could have a direct and material effect on each of the City of St. Louis Park, Minnesota’s major federal programs for the year ended December 31, 2014. The City of St. Louis Park, Minnesota’s major federal programs are identified in the summary of auditor’s results section of the accompanying schedule of findings and questioned costs. Management’s Responsibility Management is responsible for compliance with the requirements of laws, regulations, contracts, and grants applicable to its federal programs. Auditor’s Responsibility Our responsibility is to express an opinion on compliance for each of the City of St. Louis Park, Minnesota’s major federal programs based on our audit of the types of compliance requirements referred to above. We conducted our audit of compliance in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and OMB Circular A-133, Audits of States, Local Governments, and Non-Profit Organizations. Those standards and OMB Circular A-133 require that we plan and perform the audit to obtain reasonable assurance about whether noncompliance with the types of compliance requirements referred to above that could have a direct and material effect on a major federal program occurred. An audit includes examining, on a test basis, evidence about the City of St. Louis Park, Minnesota’s compliance with those requirements and performing such other procedures as we considered necessary in the circumstances. 3 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 187 Report on Compliance for Each Major Program and on Internal Control over Compliance Required by OMB Circular A-133 Page 2 We believe that our audit provides a reasonable basis for our opinion on compliance for each major federal program. However, our audit does not provide a legal determination on the City of St. Louis Park, Minnesota’s compliance. Opinion on Each Major Federal Program In our opinion, the City of St. Louis Park, Minnesota, complied, in all material respects, with the types of compliance requirements referred to above that could have a direct and material effect on each of its major federal programs for the year ended December 31, 2014. Report on Internal Control over Compliance Management of the City of St. Louis Park, Minnesota is responsible for establishing and maintaining effective internal control over compliance with the types of compliance requirements referred to above. In planning and performing our audit of compliance, we considered the City of St. Louis Park, Minnesota’s internal control over compliance with the types of requirements that could have a direct and material effect on each major federal program to determine the auditing procedures that are appropriate in the circumstances for the purpose of expressing an opinion on compliance for each major federal program and to test and report on internal control over compliance in accordance with OMB Circular A-133, but not for the purpose of expressing an opinion on the effectiveness of internal control over compliance. Accordingly, we do not express an opinion on the effectiveness of the City of St. Louis Park, Minnesota’s internal control over compliance. A deficiency in internal control over compliance exists when the design or operation of a control over compliance does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, noncompliance with a type of compliance requirement of a federal program on a timely basis. A material weakness in internal control over compliance is a deficiency, or combination of deficiencies, in internal control over compliance, such that there is a reasonable possibility that material noncompliance with a type of compliance requirement of a federal program will not be prevented, or detected and corrected, on a timely basis. A significant deficiency in internal control over compliance is a deficiency, or combination of deficiencies, in internal control over compliance with a type of compliance requirement of a federal program that is less severe than a material weakness in internal control over compliance, yet important enough to merit attention by those charged with governance. 4 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 188 Report on Compliance for Each Major Program and on Internal Control over Compliance Required by OMB Circular A-133 Page 3 Our consideration of internal control over compliance was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control over compliance that might be material weaknesses or significant deficiencies. We did not identify any deficiencies in internal control over compliance that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified. Schedule of Expenditures of Federal Awards Required by OMB Circular A-133 We have audited the financial statements of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of the City of St. Louis Park, Minnesota as of and for the year ended December 31, 2014, and the related notes to the financial statements, which collectively comprise the City of St. Louis Park, Minnesota’s basic financial statements. We issued our report thereon dated May 26, 2015, which contained unmodified opinions on those financial statements. Our audit was conducted for the purpose of forming opinions on those financial statements that collectively comprise the basic financial statements. The accompanying schedule of expenditures of federal awards is presented for purposes of additional analysis as required by OMB Circular A-133, and is not a required part of the financial statements. Such information is the responsibility of management and was derived from and relates directly to the underlying accounting and other records used to prepare the financial statements. The information has been subjected to the auditing procedures applied in the audit of the financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the basic financial statements or to the basic financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the schedule of expenditures and federal awards is fairly stated in all material respects in relation to the basic financial statements taken as a whole. 5 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 189 Report on Compliance for Each Major Program and on Internal Control over Compliance Required by OMB Circular A-133 Page 4 The purpose of this report on internal control over compliance is solely to describe the scope of our testing of internal control over compliance and the results of that testing based on the requirements of OMB Circular A-133. Accordingly, this report is not suitable for any other purpose. REDPATH AND COMPANY, LTD. St. Paul, Minnesota May 26, 2015 6 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 190 CITY OF ST. LOUIS PARK, MINNESOTA SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS For The Year Ended December 31, 2014 Federal Grantor/Federal Pass-Through Pass-Through Grantor/ CFDA Entity ID Federal Program Title Number Number Expenditures U.S. Department of Housing and Urban Development: Passed through Hennepin County, Minnesota: Community Development Block Grant 14.218 A120538 $130,686 U.S. Department of Justice: Bulletproof Vest Partnership Program 16.607 n/a - Direct 3,375 Passed through Hennepin County, Minnesota: Edward Byrne Memorial Justice Assistance Grant (JAG) 16.804 A110954 6,244 Total U.S. Department of Justice 9,619 U.S. Department of Transportation: Passed through State of Minnesota: Highway Planning and Construction 20.205 163-010-038 5,616,114 Total U.S. Department of Transportation 5,616,114 U.S. Department of Homeland Security: Passed through State of Minnesota: Disaster Grants - Public Assistance (FEMA) 97.036 None Noted 44,582 Total Expenditures of Federal Awards $5,801,001 Notes to the Schedule of Expenditures of Federal Awards Note 1. Basis of Presentation The Schedule of Expenditures of Federal Awards (the Schedule) presents the activity of federal award programs expended by the City of St. Louis Park, Minnesota under programs of the federal government for the year ended December 31, 2014. The Schedule is presented in accordance with the requirements of OMB Circular A-133, Audit of States, Local Governments and Non-Profit Organizations. Because the Schedule presents only a selected portion of the operations of the City of St. Louis Park, Minnesota, it is not intended to and does not present the financial positions, or change in financial position of the City of St. Louis Park, Minnesota. Note 2. Summary of Significant Accounting Policies a.) Expenditures reported on the Schedule are reported on the modified accrual basics of accounting. b.) Pass-Through entity identifying numbers are presented where available. Note 3. Subrecipients Of the federal expenditures presented in the schedule, the City of St. Louis Park provided federal awards to subrecipients as follows: Federal Amount CFDA Provided to Program Title Number Subrecipients Community Development Block Grant 14.218 $130,686 7 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 191 CITY OF ST. LOUIS PARK, MINNESOTA SCHEDULE OF FINDINGS AND QUESTIONED COSTS For The Year Ended December 31, 2014 SECTION I - SUMMARY OF AUDITOR’S RESULTS Financial Statements A. Type of auditors’ report issued: Unmodified B. Internal control over financial reporting:  Material weakness(es) identified? X Yes No  Significant deficiencies identified that are not considered to be material weaknesses? Yes X None reported C. Noncompliance material to financial statements noted? Yes X No Federal Awards D. Internal control over major programs:  Material weakness(es) identified? Yes X No  Significant deficiencies identified that are not considered to be material weaknesses? Yes X None reported E. Type of auditors’ report issued on compliance for major programs: Unmodified F. Any audit findings disclosed that are required to be reported in accordance with section 510(a) of Circular A-133? Yes X None reported G. Identification of major programs: Name of Federal Program CFDA Number Highway Planning and Construction 20.205 H. Dollar threshold used to distinguish between Type A and Type B programs: $300,000 I. Auditee qualified as a low-risk auditee Yes X No 8 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 192 CITY OF ST. LOUIS PARK, MINNESOTA SCHEDULE OF FINDINGS AND QUESTIONED COSTS For The Year Ended December 31, 2014 SECTION II – FINANCIAL STATEMENT FINDINGS 2014-001 Audit Adjustments / Year-end Closing Process Criteria: Audit adjustments are considered to be a deficiency in internal control as defined by auditing standards. Condition: During the course of our audit, we identified adjustments to the financial statements as follows:  Prepaid expenses were overstated by $300,000.  Accounts payable were understated by $122,000.  An interfund transfer was recorded twice ($1,462,000).  Due from other governments and intergovernmental revenue related to the Hwy 7 project were understated by ($4,837,000). Cause: The City’s year-end closing process did not identify the misstatements prior to the audit. Effect: By not having effective closing and review controls, there is an increased risk that financial statement misstatements could occur and not be detected in a timely basis. Recommendation: We recommend the City continue efforts to assure that all adjustments are identified during the year-end closing process. Views of Responsible Officials and Corrective Action Plan: Staff met with the City Manager and Deputy City Manager to discuss these items and identify corrective actions. For prepaid expenses, staff will review and reverse all appropriate prepaid expenses before audit work papers are prepared. Regarding accounts payable, more education and review will occur within the organization in identifying year-end payables and properly recording them in the appropriate fiscal year. In regard to the interfund loan, all journal entries related to interfund transfers will be compared to the interfund schedule to ensure proper recording occurred. For due from other governments, a spreadsheet of all grants will be maintained beginning in fiscal year 2015 outlining the grant amount, expenditures, reimbursements and any year end receivables if applicable. SECTION III – FEDERAL AWARD FINDINGS There are no federal award findings for 2014. SECTION IV – PRIOR YEAR FINDINGS There were no federal award findings for 2013. 9 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 193 4810 White Bear Parkway, St. Paul, MN, 55110 651.426.7000 www.redpathcpas.com MINNESOTA LEGAL COMPLIANCE REPORT To the Honorable Mayor and Members of the City Council City of St. Louis Park, Minnesota We have audited, in accordance with auditing standards generally accepted in the United States of America, and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States the financial statements of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of the City of St. Louis Park, Minnesota, as of and for the year ended December 31, 2014 and the related notes to the financial statements, and have issued our report thereon dated May 26, 2015. The Minnesota Legal Compliance Audit Guide for Political Subdivisions, promulgated by the State Auditor pursuant to Minn. Stat. Section 6.65, contains seven categories of compliance to be tested: contracting and bidding, deposits and investments, conflicts of interest, public indebtedness, claims and disbursements, miscellaneous provisions, and tax increment financings. Our audit considered all of the listed categories. In connection with our audit, nothing came to our attention that caused us to believe that the City of St. Louis Park, Minnesota failed to comply with the provisions of the Minnesota Legal Compliance Audit Guide for Political Subdivisions. However, our audit was not directed primarily toward obtaining knowledge of such noncompliance. Accordingly, had we preformed additional procedures, other matters may have come to our attention regarding the City of St. Louis Park, Minnesota’s noncompliance with the above referenced provisions. The purpose of this report is solely to describe the scope of our testing of compliance and the results of that testing, and not to provide an opinion on compliance. Accordingly, this communication is not suitable for any other purpose. REDPATH AND COMPANY, LTD. St. Paul, Minnesota May 26, 2015 10 Special Study Session Meeting of June 15, 2015 (Item No. 1) Title: 2014 Financial Statements – Auditors Discussion and Review Page 194 Meeting: Economic Development Authority Meeting Date: June 15, 2015 Minutes: 3a UNOFFICIAL MINUTES ECONOMIC DEVELOPMENT AUTHORITY ST. LOUIS PARK, MINNESOTA JUNE 1, 2015 1. Call to Order President Mavity called the meeting to order at 7:28 p.m. Commissioners present: President Anne Mavity, Tim Brausen, Steve Hallfin, Jeff Jacobs, Gregg Lindberg, Susan Sanger, and Jake Spano. Commissioners absent: None. Staff present: Executive Director (Mr. Harmening), Economic Development Coordinator (Mr. Hunt), and Recording Secretary (Ms. Hughes). 2. Roll Call 3. Approval of Minutes 3a. Economic Development Authority Meeting Minutes May 18, 2015 The minutes were approved as presented. 4. Approval of Agenda The agenda was approved as presented. 5. Reports - None 6. Old Business - None 7. New Business 7a. Issuance of TIF Revenue Note to Ellipse II LLC – e2 Project. Resolution No. 15-11. Mr. Hunt presented the staff report and explained that the Purchase and Redevelopment Contract between the EDA and Ellipse II LLC required that a TIF Note be issued when the Redeveloper had certified the public redevelopment costs incurred in connection with the e2 project. He advised that staff reviewed those costs and verified that the Redeveloper had incurred more than sufficient redevelopment costs to warrant the issuance of a $700,000 TIF Note. He stated the Redevelopment Contract also included a look-back provision upon reaching 95% occupancy, which was achieved last year. He stated that staff reviewed cash flow information and determined that the Internal Rate of Return exceeded the percentage projected in the Contract by .95%, therefore, the principal amount of the proposed TIF Note was reduced by $13,805 to $686,195. He Economic Development Authority Meeting of June 15, 2015 (Item No. 3a) Page 2 Title: Economic Development Authority Meeting Minutes of June 1, 2015 advised that due to higher than anticipated property valuations for the project, the TIF Note should be paid off in 7.5 years rather than the projected term of 19 years. He stated that the TIF Note would be pay-as-you-go and would bear interest at a rate of 5.6% with a term of approximately eight years. The Redeveloper previously signed a Minimum Assessment Agreement to secure the TIF Note indicating that the minimum market value of the project was $6.4 million on January 2, 2014, and the property’s current assessed value is approximately $10.5 million. He concluded that the Redeveloper had met the required conditions under the Contract for the issuance of the Note, and the Note had been properly sized, therefore staff recommended adoption of the proposed resolution authorizing the issuance of the TIF Note to Ellipse II LLC as presented. It was moved by Commissioner Brausen, seconded by Commissioner Hallfin, to adopt Resolution No. 15-11 Awarding the Sale of, and Providing the Form, Terms, Covenants and Directions for the Issuance of its Tax Increment Revenue Note to Ellipse II LLC. The motion passed 7-0. Communications - None 8. Adjournment President Mavity adjourned the meeting at 7:33 p.m. ______________________________________ ______________________________________ Secretary President Meeting: Economic Development Authority Meeting Date: June 15, 2015 Action Agenda Item: 7a EXECUTIVE SUMMARY TITLE: Call for Public Hearing to Consider Establishment of The Shoreham TIF District RECOMMENDED ACTION: Motion to Adopt EDA Resolution requesting the City Council to call for a public hearing relative to the establishment of The Shoreham Tax Increment Financing District within Redevelopment Project No. 1 (a redevelopment district). POLICY CONSIDERATION: Does the EDA wish to request that the City Council hold a public hearing on August 3, 2015 to consider the establishment of a Redevelopment Tax Increment Financing District to facilitate Bader Development’s proposed Shoreham project? SUMMARY: Bader Development is proposing to construct a major mixed-use redevelopment at the SW corner of CSAH 25 and France Ave. During its due diligence, Bader discovered that there are significant extraordinary costs associated with redeveloping the proposed site such as contaminated fill material, underground storage tanks and structurally unstable soils which make the project financially infeasible. Consequently Bader applied to the EDA for Tax Increment Financing (TIF) assistance to offset a portion of these costs so as to enable its proposed Shoreham project to proceed. The Developer’s application was reviewed at the June 1st Special Study Session where it was favorably received. FINANCIAL OR BUDGET CONSIDERATION: The cost to construct the proposed Shoreham project is projected at $44.5 million. It is estimated to have a total taxable market value of $32.6 million upon completion. The proposed mixed-use project is not financially feasible due to more than $7.8 million of extraordinary costs associated with redeveloping the site. In order for the project to proceed, it is proposed that the EDA consider reimbursing the Developer for qualified costs up to $3,050,000 in pay-as-you-go tax increment generated by the project for a term of 9 years. The TIF amount could be further reduced based upon any grant awards. Once the TIF Note is retired the additional property taxes generated by the project would accrue to the local taxing jurisdictions. Setting a hearing date for the proposed Shoreham TIF District does not, in itself, authorize or commit the EDA/City to any level of TIF assistance for the proposed project. Procedurally it simply enables the City to hold a public hearing to consider the creation of the new TIF district. The EDA will have the opportunity to consider the precise amount of financial assistance along with other business terms in the near future. Those terms will be incorporated into a redevelopment contract with Bader Development which will be brought to the EDA for formal consideration the same evening as the proposed TIF district public hearing. VISION CONSIDERATION: St. Louis Park is committed to providing a well-maintained and diverse housing stock. SUPPORTING DOCUMENTS: Discussion Resolution TIF Schedule Prepared by: Greg Hunt, Economic Development Coordinator Reviewed by: Michele Schnitker, Housing Supervisor Approved by: Tom Harmening, EDA Executive Director and City Manager Economic Development Authority Meeting of June 15, 2015 (Item No. 7a) Page 2 Title: Call for Public Hearing to Consider Establishment of The Shoreham TIF District DISCUSSION BACKGROUND: Bader Development (“Developer”) has option agreements to acquire five properties at the SW corner of CSAH 25 and France Ave. These include two commercial properties located at 3907 & 3915 Highway 7, (the ASAP building and Battlefield Store respectively), two single-family homes located at 3031 Glenhurst Ave. and 3914 31st St. and a townhome duplex located at 3918 31st St. The land assemblage creates a 2.23-acre redevelopment site. The Developer proposes to raze the current commercial buildings and residences, remove the contaminated fill material and soils impacting the site, and construct a mixed-use development called The Shoreham. The proposed building would consist of 150 residential units (of which 20% would be designated for households earning 50% of area median income) and 20,000 square feet of office space (split between Bader Development/Steven Scott Management and a medical office tenant). Also included would be structured underground and surface parking. Bader Development’s preliminary sources and uses statements, cash flow projections, and investor rate of return (ROR) related to Shoreham were reviewed by Staff and Ehlers. The estimates were found to be reasonable and within industry standards for this type of redevelopment. It was also concluded that constructing Shoreham was not financially feasible without some financial assistance from the EDA. Bader Development is seeking financial assistance specifically to offset the extraordinary costs of redeveloping the five properties. Level and Type of Financial Assistance Upon analysis by Ehlers and Staff, and discussion with Bader Development, it was determined that up to $3,050,000 in tax increment assistance would allow the project to move forward and achieve a standard return. Providing assistance makes it possible to construct a high quality project consistent with the Livable Communities design principles and many other objectives listed in the City’s Comprehensive Plan. This proposed amount of assistance is in-line with other similar mixed-use developments the EDA has aided in the past. Upon project completion, tax increment generated from the increased value of the property would be provided to Bader Development on a "pay-as-you-go" basis, which is the preferred financing method under the City's TIF Policy. The Shoreham meets the requirements of a Redevelopment TIF District (25 year TIF District). If this type of district were created, the proposed project would generate the above amount of tax increment in approximately 9 years . Request for TIF Assistance At the June 1st Special Study Session the EDA reviewed the TIF Application from Bader Development. Following discussion there was consensus support for favorably considering the Developer’s request for up to $3,050,000 in tax increment assistance. As a result, Staff was directed to call for a public hearing on the proposed Redevelopment TIF District and to begin drafting a formal redevelopment contract with Bader Development. Call for Public Hearing The TIF program is administered by the EDA. However in order to create a TIF district, city councils are statutorily required to hold a public hearing. To start the TIF district process, the EDA must formally request the City Council to set a date and hold a public hearing. Calling for the public hearing is the first step in the formal creation of The Shoreham Tax Increment Financing District. The public hearing is scheduled to be held on August 3, 2015. Economic Development Authority Meeting of June 15, 2015 (Item No. 7a) Page 3 Title: Call for Public Hearing to Consider Establishment of The Shoreham TIF District NEXT STEPS: Staff will coordinate with Ehlers to prepare the documents necessary for the formal creation of the proposed Shoreham TIF District. At the same time Staff will work with legal counsel to draft the business terms and redevelopment contract with Bader Development for the provision of the proposed assistance for EDA consideration. Economic Development Authority Meeting of June 15, 2015 (Item No. 7a) Page 4 Title: Call for Public Hearing to Consider Establishment of The Shoreham TIF District ST. LOUIS PARK ECONOMIC DEVELOPMENT AUTHORITY CITY OF ST. LOUIS PARK HENNEPIN COUNTY, STATE OF MINNESOTA RESOLUTION NO. 15-____ RESOLUTION REQUESTING THE CITY COUNCIL OF THE CITY OF ST. LOUIS PARK CALL FOR A PUBLIC HEARING ON THE MODIFICATION OF REDEVELOPMENT PROJECT NO. 1 AND THE ESTABLISHMENT OF THE SHOREHAM REDEVELOPMENT TAX INCREMENT FINANCING DISTRICT BE IT RESOLVED, by the Board of Commissioners (the “Board”) of the St. Louis Park Economic Development Authority (the “EDA”) as follows: WHEREAS, the City Council (the “Council”) of the City of St. Louis Park, Minnesota (the “City”) established Redevelopment Project No. 1 (the “Project”) pursuant to Minnesota Statutes, Sections 469.090 to 469.1082, inclusive, as amended (the “EDA Act”), in an effort to encourage the development and redevelopment of certain designated areas within the City, and transferred the administration of the Project to the EDA; and WHEREAS, the EDA is proposing the modification of the Project and the establishment of the Shoreham Redevelopment Tax Increment Financing District, pursuant to and in accordance with the EDA Act and Minnesota Statutes, Sections 469.174 to 469.1794, as amended. NOW, THEREFORE BE IT RESOLVED by the Board as follows: 1. The EDA hereby requests that the Council call for a public hearing on August 3, 2015 to consider the proposed adoption of the Modification to the Redevelopment Plan for the Project and the proposed adoption of the Tax Increment Financing Plan for the Shoreham Redevelopment Tax Increment Financing District (collectively, the “Plans”) and cause notice of said public hearing to be given as required by law. 2. The EDA directs the Executive Director to transmit copies of the Plans to the Planning Commission of the City and requests the Planning Commission's written opinion indicating whether the proposed Plans are in accordance with the Comprehensive Plan of the City, prior to the date of the public hearing. 3. The Executive Director of the EDA is hereby directed to submit a copy of the Plans to the Council for its approval. 4. The EDA directs the Executive Director to transmit the Plans to the county and the school district in which the Shoreham Redevelopment Tax Increment Financing District is located not later than July 2, 2015. 5. Staff and consultants are authorized and directed to take all steps necessary to prepare the Plan and related documents and to undertake other actions necessary to bring the Plan before the Council. Economic Development Authority Meeting of June 15, 2015 (Item No. 7a) Page 5 Title: Call for Public Hearing to Consider Establishment of The Shoreham TIF District Reviewed for Administration: Adopted by the Economic Development Authority on June 15, 2015 Executive Director President Attest: Secretary Economic Development Authority Meeting of June 15, 2015 (Item No. 7a) Page 6 Title: Call for Public Hearing to Consider Establishment of The Shoreham TIF District SCHEDULE OF EVENTS ST. LOUIS PARK ECONOMIC DEVELOPMENT AUTHORITY AND THE CITY OF ST. LOUIS PARK HENNEPIN COUNTY, MINNESOTA FOR THE MODIFICATION TO THE REDEVELOPMENT PLAN FOR REDEVELOPMENT PROJECT NO. 1 AND THE ESTABLISHMENT OF THE SHOREHAM TAX INCREMENT FINANCING DISTRICT (a redevelopment district) June 8, 2015Ehlers confirms with the City whether building permits have been issued on the property to be included in the TIF District. June 8, 2015Project information (property identification numbers and legal descriptions, detailed project description, maps, but/for statement, and list of sources and uses of funds) for drafting necessary documentation sent to Ehlers. June 15, 2015EDA requests that the City Council call for a public hearing. June 15, 2015City Council calls for a public hearing. June 19, 2015County receives TIF Plan for review for County Road impacts (at least 45 days prior to public hearing). *The County Board, by law, has 45 days to review the TIF Plan to determine if any county roads will be impacted by the development. Because the City staff believes that the proposed tax increment financing district may require county road improvements, the TIF Plan will be forwarded to the County Board 45 days prior to the public hearing. June 23, 2015 Letter received by County Commissioner giving notice of a potential redevelopment tax increment financing district (at least 30 days prior to publication of public hearing notice). [Ehlers will fax and mail on or before June 23, 2015] July 2, 2015 Fiscal/economic implications received by School Board Clerk and County Auditor (at least 30 days prior to public hearing). [Ehlers will fax and mail on or before July 2, 2015.] July 13, 2015 Ehlers conducts internal review of the Plans. July 15, 2015 Planning Commission reviews Plans to determine if they are in compliance with City's comprehensive plan and adopts a resolution approving the Plans. Economic Development Authority Meeting of June 15, 2015 (Item No. 7a) Page 7 Title: Call for Public Hearing to Consider Establishment of The Shoreham TIF District SCHEDULE OF EVENTS – PAGE 2 ST. LOUIS PARK ECONOMIC DEVELOPMENT AUTHORITY AND THE CITY OF ST. LOUIS PARK HENNEPIN COUNTY, MINNESOTA FOR THE MODIFICATION TO THE REDEVELOPMENT PLAN FOR REDEVELOPMENT PROJECT NO. 1 AND THE ESTABLISHMENT OF THE SHOREHAM TAX INCREMENT FINANCING DISTRICT (a redevelopment district) July 23, 2015 Date of publication of hearing notice and map (at least 10 days but not more than 30 days prior to hearing). [Ehlers will submit notice & map to the St. Louis Park Sun Sailor on or before July 16, 2015 at sunlegals@ecm-inc.com] August 3, 2015 EDA adopts a resolution approving the Plans. August 3, 2015 City Council holds public hearing at 7:30 p.m. on a Modification to the Redevelopment Plan for Redevelopment Project No. 1, the establishment of the Shoreham Tax Increment Financing District and passes resolution approving the Plans. [Ehlers will email Council packet information to the City on or before July 27, 2015] August 4, 2015 City can issue building permits. ___________ Ehlers requests certification of the TIF District from the state and county. An action under subdivision 1, paragraph (a), contesting the validity of a determination by an authority under section 469.175, subdivision 3, must be commenced within the later of: (1) 180 days after the municipality’s approval under section 469.175, subdivision 3; or (2) 90 days after the request for certification of the district is filed with the county auditor under section 469.177, subdivision1. Meeting: Economic Development Authority Meeting Date: June 15, 2015 Action Agenda Item: 7b EXECUTIVE SUMMARY TITLE: Resolution of Support for Submission of a DEED Job Creation Fund Grant Application RECOMMENDED ACTION: Motion to Adopt EDA Resolution of Support for submission of a Job Creation Fund application to the Department of Employment and Economic Development (DEED). POLICY CONSIDERATION: Does the EDA support the submittal of an application to the Department of Employment and Economic Development’s (DEED) Job Creation Fund to facilitate the expansion of a St. Louis Park company enabling it to create new jobs and make capital investments in the city? SUMMARY: Earlier this spring, a major St. Louis Park company made significant improvements to its local office operations that included upgrades to its equipment. At the present time, the company (which has requested that its name remain confidential for competitive reasons) is prepared to invest an additional $7.6 million to further upgrade its equipment and improve its offices. The company has increased its office operations in another state and has capacity to make the above improvements there. However, the company’s preference is to make the proposed upgrades at their St. Louis Park office. The expansion could result in the creation of 231 new jobs in St. Louis Park over the next three years. The company’s proposed expansion is eligible for the Minnesota Job Creation Fund (JCF) program administered by DEED. The JCF was created to encourage job growth and capital investments by companies choosing to expand their operations in Minnesota. To become designated a JCF business and receive benefits, the business must work in conjunction with the local government where the JCF business will be located. An application must be completed and submitted to DEED by the local government. A local resolution in support of the project must also be included. If approved, DEED drafts a business subsidy agreement with the company specifying the required job creation and capital investment goals. St. Louis Park would assist the company with the submittal of required annual progress reports. FINANCIAL OR BUDGET CONSIDERATION: None, there is no local matching fund requirement for the Jobs Creation Fund application. The company is applying for a Job Creation grant award of up to $500,000 and a $500,000 capital investment rebate. VISION CONSIDERATION: Not applicable. SUPPORTING DOCUMENTS: Discussion Resolution Prepared by: Julie Grove, Economic Development Specialist Reviewed by: Greg Hunt, Economic Development Coordinator Michele Schnitker, Housing Supervisor Approved by: Tom Harmening, Executive Director Economic Development Authority Meeting of June 15, 2015 (Item No. 7b) Page 2 Title: Resolution of Support for Submission of a DEED Job Creation Fund Grant Application DISCUSSION BACKGROUND: Launched in January 2014, the Minnesota Job Creation Fund is a pay-for- performance program that provides as much as $1 million to businesses for creating or retaining high-paying jobs and for constructing or renovating facilities or making other property improvements. Businesses must create at least 10 full-time jobs and invest at least $500,000 to receive any state money. Administered by DEED, this program is anticipated to create an estimated 5,000 new jobs statewide and attract another $450 million of private investment into Minnesota’s growing economy. To date, DEED has awarded $14 million to 28 companies in Minnesota since the Job Creation Fund was launched in January 2014. Those companies plan to invest more than $374 million to expand their facilities and have committed to creating more than 1,414 new full-time jobs. Some of the metro area cities to have companies awarded JCF funds include Minneapolis, Chaska, Brooklyn Park, Lakeville, Shakopee, and New Brighton. The program is available to businesses engaged in manufacturing, warehousing, distribution, technology and other eligible activities. Companies must work with the local government (city, county or township) where a project is located to apply to DEED to receive designation as a Job Creation Fund business. Companies that meet eligibility requirements must sign a business subsidy agreement with DEED to meet job retention, creation, wage, and capital investment requirements. The following benefits may be available once a business meets the conditions of its agreement and provides proof of performance: • $1000 per year per job created for jobs paying at least $26,335 in cash wages • $2000 per year per job created for jobs paying at least $35,450 in cash wages • $3000 per year per job created for jobs paying at least $45,579 in cash wages • Up to a 5 percent rebate for real property improvements for businesses located in the Twin Cities Metro PROPOSED APPLICATION: The subject company is one of St. Louis Park’s major employers with offices nationwide and in Europe. In early 2015, the company’s board approved capital expenditures of over $4 million dollars at their St. Louis Park location. They are now prepared to spend additional funds to make additional office improvements and equipment upgrades. While they have locations nationwide, the company’s preference and intent is to make the upgrades at their St. Louis Park location by the end of the year. Upon completion the company will expend over $7.6 million in equipment upgrades and office improvements. The expansion could result in the creation of 231 higher wage professional jobs in St. Louis Park over the next three years. For the past several weeks, the company has been in consultation with DEED and it has been determined that their expansion plans meet the minimum JCF program requirements. They provided city staff with a complete JCF application. Per JCF program requirements the local government needs to submit the application to DEED. A resolution in support from the local government must also be submitted. If the application is approved, DEED will formally designate the business as a JCF business and determine a job creation award and/or capital investment rebate amount. DEED also enters into a business subsidy agreement with the JCF business. St. Louis Park staff would be asked to assist the company with the submission of required annual progress reports to DEED. Economic Development Authority Meeting of June 15, 2015 (Item No. 7b) Page 3 Title: Resolution of Support for Submission of a DEED Job Creation Fund Grant Application RESOLUTION NO. 15-____ RESOLUTION IN SUPPORT OF A BUSINESS APPLYING TO THE MINNESOTA DEPARTMENT OF EMPLOYMENT AND ECONOMIC DEVELOPMENT’S JOB CREATION FUND PROGRAM WHEREAS, the St. Louis Park Economic Development Authority, Minnesota, desires to assist <<Business Name>> which is proposing to expand its facilities in the city of St. Louis Park; and, WHEREAS, the St. Louis Park Economic Development Authority understands that <<Business Name>> , through and with the support of the City of St. Louis Park, intends to submit to the Minnesota Department of Employment and Economic Development (DEED) an application for an award and/or rebate from the Job Creation Fund (JCF) program; and, WHEREAS, the JCF funds will be used for equipment and office upgrades resulting in the creation of additional jobs in the city of St. Louis Park; and, WHEREAS, DEED’s JCF Program Guidelines require support by the governing body of the St. Louis Park Economic Development Authority for submission of the JCF application; and NOW, THEREFORE, BE IT RESOLVED that, EDA President and Executive Director Minnesota, hereby express their approval of the project proposed by <<Business Name>> and its application for an award and/or rebate from the Job Creation Fund Program. Reviewed for Administration: Adopted by the Economic Development Authority, June 15, 2015 Executive Director President Attest: Secretary Meeting: City Council Meeting Date: June 15, 2015 Presentation: 2a EXECUTIVE SUMMARY TITLE: Acceptance of CenterPoint Energy Grant RECOMMENDED ACTION: CenterPoint Energy desires to present to the City Council a grant of $2,500 to the City of St. Louis Park and its Fire Department for the purchase of MultiRAE Lite Detection Monitors. POLICY CONSIDERATION: None SUMMARY: These monitors are the latest technology and can detect up to 4000 Volatile Organic Compounds (VOC), and 30 other Toxic Industrial Compounds (TIC). The addition of these monitors to our current cache of monitoring equipment expedites the identification of hazards more quickly and provides more accurate information to manage community safety. CenterPoint Energy, through its Community Partnership Grant program is graciously awarding a grant to the Fire Department in the amount of $2,500.00 to apply toward the purchase of this extremely valuable technology. FINANCIAL OR BUDGET CONSIDERATION: This grant will be used to offset the cost of two devices which total $5,700.00. The balance will be covered by the operating budget of the Fire Department. VISION CONSIDERATION: None SUPPORTING DOCUMENTS: None Prepared by: Steve Koering, Fire Chief Approved by: Tom Harmening, City Manager Meeting: City Council Meeting Date: June 15, 2015 Presentation: 2b EXECUTIVE SUMMARY TITLE: Recognition of Bridget Gothberg’s Years of Service RECOMMENDED ACTION: The Mayor is asked to read the certificate and recognize Organizational Development Coordinator Bridget Gothberg for her more than 14 years of service to the City of St. Louis Park. POLICY CONSIDERATION: None at this time. SUMMARY: City p olicy states that employees who retire or resign in good standing with over 10 years of service will be presented with a framed certificate from the Mayor, City Manager and City Council. Bridget Gothberg has resigned after more than 14 years of service to the City’s administrative services department to focus on her consulting work. She will be in attendance at this meeting. The Mayor is asked to read the certificate and present it to her in recognition of her years of service. FINANCIAL OR BUDGET CONSIDERATION: Not applicable. VISION CONSIDERATION: Not applicable. SUPPORTING DOCUMENTS: Not applicable. Prepared by: Ali Timpone, HR Coordinator Reviewed by: Nancy Deno, Deputy City Manager/HR Director Approved by: Tom Harmening, City Manager Meeting: City Council Meeting Date: June 15, 2015 Action Agenda Item: 2c EXECUTIVE SUMMARY TITLE: 2014 Financial Statements – Auditors Discussion and Review RECOMMENDED ACTION: No action required. City Council is asked to provide any comments or questions it might have regarding the Comprehensive Annual Financial Report (CAFR), Communication with Those Charged with Governance, Report on Compliance and Internal Controls for the year ended December 31, 2014. POLICY CONSIDERATION: • Does the City Council feel the information contained in the Comprehensive Annual Financial Report (CAFR), Communication with Those Charged with Governance, Report on Compliance and Internal Controls for the year ended December 31, 2014 allows for effective decision making? • Would the Council desire to have any follow-up discussion on the Audit? SUMMARY: For the presentation, David J. Mol – Partner from Redpath and Company, will discuss the information and key financial points with the City Council. The City of St. Louis Park is required to have an independent audit performed annually. The auditors work for the City Council, not the City management team. The City received a clean audit opinion, or “unmodified opinion”, which means that Redpath and Company believe the financial statements, as presented by city staff, fairly represents the City’s financial condition as of December 31, 2014. Staff has submitted the CAFR to the Office of the State Auditor as required and also submitted it to the Government Finance Officers Association (GFOA) to be considered for the Achievement for Excellence in Financial Reporting certificate program for which the City of St. Louis Park has been recognized for 31 consecutive years. FINANCIAL OR BUDGET CONSIDERATION: This report shows the City of St. Louis Park remains in strong financial condition. VISION CONSIDERATION: Not applicable. SUPPORTING DOCUMENTS: 1) 2014 – Final Issued CAFR – 5-29-15* 2) 2014 – Final Issued Governance Letter – 5-29-15* 3) 2014 – Final Issued Single Audit – 5-29-15* (* See Special Study Session Report for Attachments.) Prepared by: Brian A. Swanson, Controller Reviewed by: Nancy Deno, Deputy City Manager/HR Director Approved by: Tom Harmening, City Manager Meeting: City Council Meeting Date: June 15, 2015 Minutes: 3a UNOFFICIAL MINUTES CITY COUNCIL MEETING ST. LOUIS PARK, MINNESOTA MAY 18, 2015 1. Call to Order Mayor Jacobs called the meeting to order at 7:33 p.m. Councilmembers present: Mayor Jeff Jacobs, Tim Brausen, Steve Hallfin, Gregg Lindberg, Anne Mavity, Susan Sanger, and Jake Spano. Councilmembers absent: None. Staff present: City Manager (Mr. Harmening), City Attorney (Mr. Scott), Director of Engineering (Ms. Heiser), Director of Operations and Recreation (Ms. Walsh), City Clerk (Ms. Kennedy), Senior Planner (Mr. Walther), Controller (Mr. Swanson), Economic Development Coordinator (Mr. Hunt), Associate Planner (Mr. Kelley), Utilities Superintendent (Mr. Hall), Assistant Zoning Administrator (Mr. Morrison), Community Development Intern (Mr. Boyce), and Recording Secretary (Ms. Hughes). 1a. Pledge of Allegiance 1b. Roll Call 2. Presentations 2a. Retirement Recognition for City Attorney Tom Scott Mayor Jacobs presented Mr. Scott with a plaque in recognition of his 19 years of service as the City Attorney and extended the City Council’s thanks and best wishes in his retirement. 3. Approval of Minutes 3a. Special Study Session Meeting May 4, 2015 The minutes were approved as presented. 3b. City Council Meeting May 4, 2015 Councilmember Brausen requested the addition of a paragraph at the bottom of page 5 that states “Councilmember Brausen felt that the funds expended on neighborhood associations provided a wonderful return on dollars spent and would like to see the City properly funding the neighborhood associations even if grant monies are not available.” The minutes were approved as amended. 3c. Study Session Meeting May 11, 2015 The minutes were approved as presented. City Council Meeting of June 15, 2015 (Item No. 3a) Page 2 Title: City Council Meeting Minutes of May 18, 2015 4. Approval of Agenda and Items on Consent Calendar NOTE: The Consent Calendar lists those items of business which are considered to be routine and/or which need no discussion. Consent items are acted upon by one motion. If discussion is desired by either a Councilmember or a member of the audience, that item may be moved to an appropriate section of the regular agenda for discussion. 4a. Moved to 8f 4b. Approve the second reading and Adopt Ordinance No. 2466-15 Amending Chapter 36 of the Zoning Ordinance Relating to Yards, Parking, and Screening Requirements; and authorize summary publication. 4c. Approve the acquisition of the “13th Lane” and “Texas Avenue” properties currently owned by the Minnesota Department of Transportation (MnDOT) and to sell the properties to Melrose Development, LLC and enter into a purchase agreement with the same. 4d. Adopt Resolution No. 15-066 establishing certain Municipal State Aid Street segments and Resolution No. 15-067 revoking certain Municipal State Aid Street segments. 4e. Adopt Resolution No. 15-068 to recognize Public Service Worker David Vann for his 33 years of service to the City of St. Louis Park. 4f. Approve for filing Environment and Sustainability – Sustainable SLP Meeting Minutes April 7, 2015. 4g. Approve for filing Planning Commission Minutes April 15, 2015. Councilmember Sanger requested that Consent Calendar item 4a be removed and placed on the Regular Agenda. It was moved by Councilmember Lindberg, seconded by Councilmember Brausen, to approve the Agenda and items listed on the Consent Calendar as amended to move Consent Calendar item 4a to the Regular Agenda as item 8f; and to waive reading of all resolutions and ordinances. The motion passed 7-0. 5. Boards and Commissions - None 6. Public Hearings 6a. Refunding of Park Nicollet Private Activity Revenue Bonds and Host Approval. Resolution No. 15-069. Mr. Swanson presented the staff report and explained that Park Nicollet Health Services requested that the HRA of the City of St. Paul issue revenue refunding bonds, Series 2015A and 2015B, as taxable or tax-exempt obligations in the amount of $493.6 million. The proceeds will be used to refund several outstanding bond issues and pay for issuance of the bonds. He stated the City would continue to receive its fee of 1/8th of 1% of the outstanding principal balance, payable in semi-annual installments. He then introduced City Council Meeting of June 15, 2015 (Item No. 3a) Page 3 Title: City Council Meeting Minutes of May 18, 2015 Ms. Catherine Lenagh, CFO of Park Nicollet Health Services, and Ms. Julie Eddington, bond counsel with Kennedy Graven. Ms. Eddington explained the City issued bonds for Park Nicollet in the past and because of Park Nicollet’s recent merger with HealthPartners, Park Nicollet needed to place their trust indenture documents under one master trust indenture and refinance all of its debt under the HealthPartners umbrella. She stated Park Nicollet will pay the City’s administrative fee for the amount of the bonds, both taxable and tax exempt, related to facilities in St. Louis Park and added this issuance will not affect the City’s credit rating nor will it impact the City’s ability to issue bonds this year. She advised that the administrative fee paid to the City would continue until the current bonds mature on the same amortization schedule as the Series 2008 and 2009 bonds. She noted that because bonds are being issued without debt service reserve funds, the principal amount is slightly decreased so the City’s administrative fee will be decreased slightly. Mayor Jacobs opened the public hearing. No speakers were present. Mayor Jacobs closed the public hearing. It was moved by Councilmember Mavity, seconded by Councilmember Brausen, to adopt Resolution No. 15-069 Consenting to the Issuance of Health Care Revenue Refunding Bonds to Refinance Health Care Facilities located in the City. The motion passed 7-0. 6b. The Shoreham – Public Hearing and First Reading of Ordinance Vacating Right-of-Way Mr. Kelley presented the staff report and explained the applicant requested that the City vacate alley right-of-way as part of the redevelopment proposal for the Shoreham development. He stated that the appropriate utilities were notified of the request and staff received no opposition to the request. Mayor Jacobs opened the public hearing. No speakers were present. Mayor Jacobs closed the public hearing. It was moved by Councilmember Sanger, seconded by Councilmember Hallfin, to approve First Reading of Ordinance Vacating an Alley lying between CSAH 25 Frontage Road and 31st Street West which connects France Avenue and Glenhurst Avenue and to set Second Reading for June 1, 2015. The motion passed 7-0. 6c. Westside Center – Public Hearing and First Reading of Ordinance Vacating Public Easements Mr. Boyce presented the staff report and explained that the property owner, COB, LLC, started multi tenant renovations of the former Nestle/Novartis site and requested the vacation of utility easements for expansion of the site and other site improvements. He presented an aerial map and site layout depicting the addition of a ring road for increased traffic, reconfiguration of parking, and outside storage for Lyman Lumber. He also presented a map of the easements to be vacated and stated the City would retain a 10’ City Council Meeting of June 15, 2015 (Item No. 3a) Page 4 Title: City Council Meeting Minutes of May 18, 2015 utility and drainage easement on the site. He added that Comcast, Xcel Energy, and CenterPoint have indicated a willingness to relocate their utilities at the property owner’s expense. Councilmember Sanger asked if there would be any negative impact on the adjacent wetlands. Mr. Walther replied there had been wetland delineation on the site with one small area qualifying as a wetland per the Minnehaha Creek Watershed District. The balance of the site was fill and not designated as a wetland. He advised there was a floodplain within the area and, as part of this project, there would be fill within the floodplain and compensatory storage required. Councilmember Hallfin noted that when Nestle/Novartis occupied the site there was a significant drain on the City’s water capacity and asked if the City had taken that into consideration. He also asked about the proposed outdoor storage. Mr. Walther replied that the water usage with the new tenants was significantly less than when Nestle/Novartis occupied the site. He stated the outdoor storage was an accessory use to an existing use in the building and was allowed in this district with some limitations. Mayor Jacobs opened the public hearing. No speakers were present. Mayor Jacobs closed the public hearing. It was moved by Councilmember Sanger, seconded by Councilmember Spano, to approve First Reading of Ordinance Vacating Easements – 5320 West 23rd Street and to set Second Reading for June 1, 2015. The motion passed 7-0. 7. Requests, Petitions, and Communications from the Public – None 8. Resolutions, Ordinances, Motions and Discussion Items 8a. First Reading of Liquor Ordinance Amendment and Zoning Text Amendment Related to Breweries Ms. Kennedy presented the staff report and explained that Steel Toe Brewery requested an amendment to the Zoning Code to increase the maximum number of barrels of malt liquor that can be produced on an annual basis from 3,500 to 20,000 barrels. She stated the text amendment needed to be accompanied by a corresponding amendment to the City’s liquor licensing provisions and the amendment was in response to changes to the Statute enacted in 2014 which increased the limit to 20,000 barrels. Councilmember Spano asked if the increased capacity to 20,000 barrels annually and resulting increase in operations for Steel Toe Brewery would have any negative impact on the roads in the area from increased semi-truck traffic. City Council Meeting of June 15, 2015 (Item No. 3a) Page 5 Title: City Council Meeting Minutes of May 18, 2015 Mr. Harmening stated that the infrastructure in the zoning district was built to accommodate heavy use and staff did not believe there would be any negative impact. It was moved by Councilmember Spano, seconded by Councilmember Mavity, to approve First Reading of Ordinance Amending Chapter 3, Section 57, of the St. Louis Park City Code Increasing Production Capacity for Brewer Off-Sale Malt Liquor Licenses and Brewer Taproom Licenses and to set Second Reading for June 1, 2015. The motion passed 7-0. It was moved by Councilmember Spano, seconded by Councilmember Mavity, to approve First Reading of Ordinance Amending Chapter 36 of the St. Louis Park City Code Increasing Production Capacity for Breweries Located in the Industrial Park and Business Park Zoning Districts and to set Second Reading for June 1, 2015. The motion passed 7-0. 8b. Preliminary/Final Plat of Minnota Addition – 4903 Cedar Lake Road. Resolution No. 15-070. Mr. Morrison presented the staff report along with an aerial photo and several pictures of the site. He stated the property owner intended to plat approximately 44,977 square feet of unplatted property with 3,600 square feet of land from the neighboring townhome development. As part of the plat, the City required construction of a sidewalk on the public right-of-way. He advised the property owner intended to construct one building with 16 townhome units and each unit would have access to two private underground parking spaces. He stated a neighborhood meeting was conducted and the proposed development was well received. It was moved by Councilmember Brausen, seconded by Councilmember Spano, to adopt Resolution No. 15-070 Giving Approval for Preliminary & Final Plat of Minnota Addition. The motion passed 7-0. 8c. The Shoreham Development – Preliminary & Final Plat and Preliminary & Final Planned Unit Development (PUD). Resolution No. 15-071. Mr. Kelley presented the staff report and explained the Preliminary and Final Plat combined six parcels into one 2.23 acre lot and included provision of the required drainage and utility easements. He stated the developer requested a subdivision variance along the southeast portion from 10’ to 3’ for the underground parking. He presented several renderings of the project and described the site plans for the proposed development. He also presented floor plans and stated that one level of underground parking for residential use was provided. He stated the proposal provided 97 trees, 648 shrubs, and over 1,000 perennials and grasses. The proposal exceeded the City’s DORA requirement by providing 14.2% DORA, and the proposal included two landscaped areas including a historical marker of the ASAP Building. He stated that 90 additional parking stalls were required for non-residential uses before the 10% reduction, resulting in 279 parking spaces and the proposal provides 290 spaces. He advised that a traffic study was City Council Meeting of June 15, 2015 (Item No. 3a) Page 6 Title: City Council Meeting Minutes of May 18, 2015 done as part of the Comprehensive Plan amendment and was updated to include the proposed medical office use. A minimal change in trip generation from the previous traffic study was found, however there was no change in the intersection level of service. He stated that a public hearing was held on May 6, 2015, and a suggestion was made to have the units be “for sale” units and all other comments related to the reconstruction of France Avenue, which would be privately maintained by the developer but built to City standards and would provide for two-way traffic. It was moved by Councilmember Sanger, seconded by Councilmember Mavity, to adopt Resolution No. 15-071 Approving the Preliminary and Final Plat of The Shoreham Addition with Variance from Subdivision Ordinance for 3907 and 3915 Highway 7, 3031 Glenhurst Avenue, and 3914 and 3918 31st Street West. Councilmember Spano stated he was pleased to see some recognition of the historic ASAP Building and requested that the developer try to integrate something more robust into the project that more fully recognized the historic nature of the ASAP Building. The motion passed 7-0. It was moved by Councilmember Sanger, seconded by Councilmember Mavity, to approve First Reading of Ordinance Amending the St. Louis Park City Code Relating to Zoning by Creating Section 36-268-PUD 1 as a Planned Unit Development Zoning District for the Property Located at 3907 and 3915 Highway 7, 3031 Glenhurst Avenue, and 3914 and 3918 31st Street West and to set Second Reading for June 1, 2015. The motion passed 7-0. 8d. 4900 Excelsior – Preliminary Plat and Preliminary Planned Unit Development (PUD). Resolution No. 15-072 Mr. Walther presented the staff report and stated the proposed Preliminary Plat would combine two parcels into one and dedicate right-of-way and easements. He advised that the proposal had been modified since the Planning Commission public hearing by reducing the building to five stories with 177 residential units. He presented several renderings of the project and several precedent images depicting screening used in other projects. He also presented the results of the shadow study and noted critical dates showing shadows on two neighboring buildings at Excelsior & Grand, and the condo building across the street. He pointed out that one of the conditions of preliminary approval was to confirm that the project met the City’s shadow requirements. He presented the first floor plan and advised that the parking count included on-street parking for a total of 33 on-street parking spaces. He reviewed density as well as floor area ratio, ground floor area ratio, and DORA and advised that the landscaping plan provided 22 trees and 61 shrubs along with alternative landscaping. He explained that 224 parking spaces were required for the residential use and the underground parking contained 240 spaces, while 113 parking spaces were required for the commercial use and the plan included 99 spaces. However, the commercial use was eligible for a 10% transit reduction, so the total parking required for the overall development was 326 spaces and the plan provided for 339 spaces. He stated the shared parking study determined that the peak time for the grocery store was projected to have a demand for 106 parking spaces and there would be 99 spaces available at the ground level. Staff City Council Meeting of June 15, 2015 (Item No. 3a) Page 7 Title: City Council Meeting Minutes of May 18, 2015 recommended that 20 spaces in the underground ramp be required to be provided as shared parking with commercial tenant employees to free up spaces for customers and guests on the ground level. He advised that the traffic study considered current and projected traffic with or without the development and concluded that the proposed development would have little impact and that the intersections studied would operate acceptably. The only impact found was to westbound Excelsior Boulevard turning left onto Quentin due to the limited green light time and short queuing available. He stated the Planning Commission recommended approval of the Preliminary Plat, denial of the subdivision variances, and denial of the PUD. Councilmember Mavity stated the City was seeing a lot of development along Excelsior Boulevard and would see more development in the future, which was appropriate for this commercial corridor. She referenced the resident-driven planning process recently completed for the south side of Excelsior Boulevard and stated that another development across from Trader Joe’s would be coming before Council and she wanted to be careful about considering these projects separately. She opined that the Council should be considering the total impact of these projects on the entire corridor. She felt the developer missed the mark by their proposed height reduction off the front of the building because she felt Excelsior Boulevard could handle additional height better than the back side. She also felt the proposed footprint of the building was being stretched to the boundaries and the largest impact appeared to be on the condo owners at Park Commons and she was not sure the City had fully considered that impact. She stated there were details she hoped could be further worked on, such as snow being hauled off the site and restricting hours of deliveries, and she wanted to make sure the City was attentive to those details that impacted the livability of nearby residents. Councilmember Sanger agreed with approving the Preliminary Plat but would not support the PUD. She was concerned about the lack of green space around the building and from an aesthetic point of view did not think it was a good idea to have so much impervious surface. She was also concerned about parking and felt it was important to recognize that the on-street parking spaces were already being used and did not think the developer should be allowed to count those spaces. She was concerned about the number of small one-bedroom units being built in the community and questioned what was going to happen when there was no longer a big demand for one-bedroom units. She was concerned about the bland architecture of the building and felt that too much was being crammed onto the site. She requested the City take a step back to look at all the development being proposed on Excelsior Boulevard. Councilmember Hallfin agreed with the Planning Commission’s recommendation and agreed that it appeared the developer was trying to cram a lot into the space and was not giving the building the aesthetic that was normally seen in St. Louis Park. He noted the building looked like what the City’s Ordinance indicated it could look like. He referenced the City’s housing policy and stated this proposal did not meet that policy. Councilmember Spano stated that while there was not a large park on this site, Wolfe Park was located one block away and was one of the biggest parks in the City. He stated a significant portion of the housing stock in the City was built from 1946-1951 and most of those houses were modest in size, yet St. Louis Park remained in high demand and challenged the mindset that no one would want to live on this property in the future. He stated he would support this project but was troubled by the way the City conducted its City Council Meeting of June 15, 2015 (Item No. 3a) Page 8 Title: City Council Meeting Minutes of May 18, 2015 traffic analyses, because every time a project was brought forward, the traffic study was wholly contained in the project and never addressed impacts to adjacent property. He stated Excelsior Boulevard was a major thoroughfare with residential neighborhoods half a block away and requested that Council discuss how the City could differentiate those residential neighborhoods from the commercial district to reinforce that you are leaving a commercial district and entering a residential neighborhood. Councilmember Brausen stated he was generally in favor of the project and felt the developer was being responsive by repeatedly making modifications to their plans. He felt the City was within the guidelines on Excelsior Boulevard related to height and the overall project met the City’s parking and DORA requirements. Councilmember Lindberg agreed with Councilmember Brausen but felt Council needed to take some additional time to make sure it felt good about all aspects of the proposal. It was moved by Councilmember Mavity, seconded by Councilmember Hallfin, to adopt Resolution No. 15-072 Granting Approval of Preliminary Plat with Subdivision Variances for Perimeter Drainage and Utility Easements – Park Commons West. The motion passed 7-0. It was moved by Councilmember Mavity, seconded by Councilmember Brausen, to continue action on Resolution Approving a Preliminary Planned Unit Development (PUD) located at 4760 and 4900 Excelsior Boulevard – 4900 Excelsior. The motion passed 7-0. 8e. First Reading of Zoning Ordinance Amendment Pertaining to Discontinuance of Water Service Mr. Hall presented the staff report and stated that due to the upcoming water meter replacement project, the current Ordinance allowed only for testing and repairing of water meters and did not include allowing access for replacement of water meters. He stated the proposed amendment allowed discontinuance of water service for not allowing access to the water meter and allowed a reasonable time for the property owner to hire a licensed plumber to replace the water meter and/or related equipment. It was moved by Councilmember Sanger, seconded by Councilmember Brausen, to approve First Reading of Ordinance Relating to Discontinuance of Water Service, Amending Chapter 32 of the St. Louis Park City Code and to set Second Reading for June 1, 2015. Councilmember Spano requested that Section 1(6) be revised to define what a reasonable length of time was for the work to be done to provide clarity when shutoff could occur. Councilmember Brausen was opposed to the amendment proposed by Councilmember Spano and felt the term “reasonable” was sufficient and gives some discretion to staff. City Council Meeting of June 15, 2015 (Item No. 3a) Page 9 Title: City Council Meeting Minutes of May 18, 2015 Councilmember Sanger agreed and pointed out that if the City reached the point of shutting off the water, the property owner had already received several notices so the discontinuance of service should not come as a surprise. Councilmember Lindberg stated he was confident that staff was working hard to communicate with residents and the discontinuance of water service would be a last resort. Mayor Jacobs stated he was uncomfortable with shutting off someone’s water service because they have not allowed access, especially if someone had paid their water bill and the City had cashed their check. He stated he would be comfortable if language was included that gave City staff the option of informing residents that if they do not provide access, the City would charge them to read their water meter manually. The motion passed 5-2 (Mayor Jacobs and Councilmember Spano opposed). 8f. Preliminary Development Agreement between the EDA, the City, and PLACE. Resolution No. 15-073. Councilmember Sanger stated she liked many of the environmental aspects of the project and that it included larger apartments, but did not agree with the amount of affordable housing. She stated the City’s housing policy required 20% affordable units and this project had three times the number of affordable units. She added that she was well aware of the strong need for more affordable housing in the metro but questioned how much affordable housing should be included in any one project and in any one community. She referenced Met Council’s policy of seeking to disperse affordable housing throughout the metro and noted that St. Louis Park was already in the top 10% in terms of affordable housing. She opined she would be more comfortable having more affordable housing when the rest of the metro area had their share of affordable housing. She expressed concern that the project was not consistent with what residents wanted or expected and felt the Council should hold a citywide meeting to get input on what kinds of developments residents wanted in the community. Councilmember Brausen stated he felt the balance on this project was wonderful and that there had been a mischaracterization of affordable housing as low-income housing. A family had to make $55,000/year to qualify for one of these units. He pointed out that this project would provide workforce housing, and the fact that 60% was concentrated in one four-building complex didn’t bother him. He also stated that there would be a wide spectrum of people with diverse incomes living in this development. Councilmember Spano added that that the project was mixed use, mixed income workforce housing. It was transit friendly, bicycle friendly and had an urban forest. He stated that no one project that had come before the Council had everything, and if the worst thing this project created was more affordable housing, he could live with that. Councilmember Mavity stated that when she spoke to residents in Ward 2, she heard from retirees living in small homes valued at $185,000-$225,000. The target income to qualify for a unit in this development was $42,000, providing a way for retired people to stay in St. Louis Park when they move from their homes. She pointed out that St. Louis Park had almost no options for affordable, low-maintenance housing for retirees. She asserted that one of city’s greatest challenges was to provide affordable housing for City Council Meeting of June 15, 2015 (Item No. 3a) Page 10 Title: City Council Meeting Minutes of May 18, 2015 people who would love to live in St. Louis Park and raise their children in the school system but who cannot find affordable housing. She concluded by stating that this development was exactly what was needed because it would provide a range of choice that the community did not currently have. Mayor Jacobs added that this development met a lot of the goals that the city had and would be a great addition to St. Louis Park. It was moved by Councilmember Brausen, seconded by Councilmember Mavity, to adopt Resolution No. 15-073 Approving Preliminary Development Agreement between the St. Louis Park Economic Development Authority, the City of St. Louis Park, and PLACE. The motion passed 6-1 (Councilmember Sanger opposed). 9. Communications Mayor Jacobs thanked everyone who participated in the Ice Cream Social on Sunday and thanked Sebastian Joe’s for donating the ice cream. Councilmember Spano congratulated Mr. Harmening on his 20 year anniversary with the City and thanked him for his years of service. 10. Adjournment Mayor Jacobs adjourned the meeting at 9:47 p.m. ______________________________________ ______________________________________ Melissa Kennedy, City Clerk Jeff Jacobs, Mayor Meeting: City Council Meeting Date: June 15, 2015 Minutes: 3b UNOFFICIAL MINUTES CITY COUNCIL STUDY SESSION ST. LOUIS PARK, MINNESOTA MAY 26, 2015 The meeting convened at 6:30 p.m. Councilmembers present: Mayor Jeff Jacobs, Tim Brausen, Steve Hallfin, Gregg Lindberg, Anne Mavity, Susan Sanger, and Jake Spano. Councilmembers absent: None. Staff present: City Manager (Mr. Harmening), Director of Operations & Recreation (Ms. Walsh), Director of Engineering (Ms. Heiser), Director of Community Development (Mr. Locke), Planning/Zoning Supervisor (Ms. McMonigal), Rec Center Manager (Mr. Eisold), Recreation Superintendent (Mr. West), Environmental Coordinator (Mr. Vaughan), Housing Programs Coordinator (Ms. Olson), Communications & Marketing Coordinator (Ms. Larson), Environment & Sustainability Coordinator (Ms. Pinc), and Recording Secretary (Ms. Hughes). Guest: Mr. Steve Maurelli (RSP Architects). 1. Future Study Session Agenda Planning – June 1 & June 8, 2015 Mr. Harmening presented the proposed special study session agenda for June 1st and the proposed study session agenda for June 8th. Councilmember Brausen requested that staff provide Council with information about the City’s cost to provide TIF as well as a schedule of current TIF projects and anticipated TIF projects. Councilmember Sanger requested this information include all projects and not just TIF projects. 2. Presentation of Design Development Phase for Outdoor Rink/Multi-Use Facility Ms. Walsh presented the staff report and introduced Mr. Steve Maurelli. She stated the City received a grant from Met Council to study the soils and the report would be available in the next couple of weeks. She added that the studies encountered typical items, including asbestos and vapor, and it was possible that some venting of the site would need to be done. Mr. Eisold discussed the changes in the cost estimates. He advised that the design of the roof structure was changed to add cabling which resulted in the biggest adjustment to the cost at this stage of the design. He stated it was also necessary to add underground storage for storm water. Mr. Maurelli presented several drawings of the proposed facility and a 3D version of the facility. Councilmember Brausen stated he liked the plans and noted it would be important to carefully manage storm water capacity vis-à-vis Wolfe Park and to make sure the system had sufficient capacity to adjust for climate change. He asked if the driveway could use pervious pavers. Mr. Maurelli replied there were a lot of ways that pervious surfaces could be used in the project. City Council Meeting of June 15, 2015 (Item No. 3b) Page 2 Title: Study Session Minutes of May 26, 2015 Councilmember Brausen stated he would like Council to consider adding pervious pavers to the design of the project. Councilmember Sanger asked what other uses the facility could accommodate. Mr. Maurelli stated that the baseball association had indicated an interest in using the facility as well as lacrosse and soccer. Mr. Eisold stated the dry floor surface could be used for things such as weddings, car shows, expos, farmers markets, and craft shows. Councilmember Sanger stated she continued to have mixed feelings about this project, adding that there were a lot of community members who were not members of youth associations. She asked what percentage of the year the facility would be used for hockey and skating and what percentage would be available for other community purposes. Ms. Walsh replied the facility would be used for hockey approximately five months out of the year. Councilmember Mavity suggested that Council consider other locations to install pervious surfaces because of the issues with contamination if pervious pavement is used in the parking lot. It was the consensus of the majority of the City Council to continue to support this project and to direct staff to move forward with the construction document phase of design for the project. 3. Southwest LRT Update Ms. McMonigal advised that the largest cost cutting measure for St. Louis Park was the CP swap and this item had been placed in a category as “infeasible” or net neutral to the budget. She stated in order to switch it back to how it is today, it would save some money but would cost nearly as much because of the one-year delay as a result of the environmental work that would be required. Mr. Locke stated the base project included the trail bridge east of Beltline that went over the freight and light rail tracks and related to the LRCI whereby Three Rivers would be extending that bridge over Beltline. He stated the cost savings identified by the SPO would eliminate the trail bridge over the tracks and leave it at grade unless someone else paid for the trail bridge. Councilmember Sanger questioned the safety of the SPO’s proposal to have an at-grade trail crossing over the freight rail and light rail tracks. Councilmember Spano stated that he raised safety concerns at the CMC meeting, and Met Council staff indicated they would use the Green Line as a model where everything on the Green Line was at-grade with striped pedestrian crossings, extra lights and signage and no additional safety items. Councilmember Mavity stated that Council had been telling the community for many years that the City would fix that crossing when light rail came and she felt it was imperative that the City fulfill its promise to construct a grade separation of the trail whether or not light rail ever comes to the area. City Council Meeting of June 15, 2015 (Item No. 3b) Page 3 Title: Study Session Minutes of May 26, 2015 Councilmember Sanger agreed that Council made a commitment regarding the Beltline crossing and that the previous changes were intended to be temporary, adding if that meant the City had to contribute a portion of the overall cost, she was comfortable with doing that in order to get it done right. She stated she was okay with the proposal to shrink the park and rides if there was some assurance they could be built in such a way that another level could be added in the future or they could be expanded in some fashion to address an increase in demand. Ms. McMonigal stated the FTA indicated it would accept a reduction in the park and rides if proof of parking was demonstrated or the ability to add another level was shown. Council continued its discussion regarding the trail crossing at Beltline and other potential reductions to the project budget. Ms. McMonigal advised that the SPO would be putting together information on the cost saving measures in the coming weeks and the CMC would be meeting on June 3rd, June 24th, and July 1st, and the Met Council was expected to make a decision on July 8th. 4. Draft Strategies/Two Year Action Plan for a 2015-2025 City Council Goals and Priorities Mr. Harmening presented the staff report and draft strategies for Council consideration. He recited the five goals developed by Council at its annual workshop in January and stated that staff developed specific strategies to deliver on the goals over the next ten years as well as action steps over the next two years. Redevelopment around the three SWLRT stations is maximized to the fullest extent possible. Mr. Locke presented seven strategies and the two-year action plan to accomplish redevelopment around the three light rail stations. Councilmember Brausen stated he fully supported the strategies and two-year action plan. He requested that staff provide cost summaries on a regular basis that outlined the City’s financial commitments in order to understand both current and anticipated costs in the context of the City’s overall commitments. Councilmember Mavity noted it would be important to also include information on anticipated revenue from the redevelopment. She stated that Ms. McMonigal and Mr. Hunt recently gave an informative presentation at the Southwest LRT Community Works Committee meeting regarding all the development going on in St. Louis Park, particularly around the light rail stations, and suggested that the presentation be provided to Council. She stated she noticed that a lot of the new projects being built had a lot of windows at the street level that made it look like a department store type of business and was hopeful that the form based code would address the idea of having more doors on these developments. Councilmember Sanger stated she was generally okay with the proposed strategies and action plan. She stated the strategies did not include a contingency if the park and ride was moved to the County site. She also questioned if additional zoning ordinance changes were required beyond the form based code and whether to consider limiting the amount of square footage for retail in general to avoid big box projects in the City. City Council Meeting of June 15, 2015 (Item No. 3b) Page 4 Title: Study Session Minutes of May 26, 2015 It was the consensus of the City Council that the draft strategies and action plan related to Goal #1 is in keeping with Council’s expectations. St. Louis Park is a leader in environmental stewardship, sustainability and resiliency Mr. Vaughan presented the strategies and two-year action plan related to Goal #2. Councilmember Spano felt that the goal to increase participation in the curbside organics program was too low and would like to see this goal at 30%. He stated he did not see anything in the report about challenges to reaching any of these goals. Councilmember Mavity noted the City of Paris recently passed a law that all new buildings must have a green roof and suggested the City consider that as it looked at green building codes and what other incentives or directives might be implemented. Councilmember Sanger agreed with finding ways to encourage recycling and to make it easier to recycle, but questioned whether there was a need to start another recycling center when there are already private recycling companies in existence. She agreed with the strategy to decrease impervious surfaces but was concerned that Council had approved projects with little green space and zero setbacks and this was contributing to the problem. She was hopeful that staff would work with Community Development staff to increase the amount of pervious surfaces and find ways to protect green space. Councilmember Hallfin stated he would like to see further information about a possible recycling/reuse center. Councilmember Lindberg stated as the City encouraged more single family remodeling, there was a lot of waste generated that could possibly be used by other St. Louis Park residents. He stated he would like to see more emphasis on providing all neighborhoods with access to community gardens and to have the City actively facilitate this rather than the neighborhoods. He felt there was also an opportunity for the City to engage in more strategic planning around these goals and to put some metrics around the goals as a way of measuring results. Councilmember Brausen spoke in favor of the proposed strategies and action plan. He stated the plastic bag and polystyrene issue had taken on a high level of public interest and suggested the City consider promoting environmentally conscious proposals for public discussion. It was the consensus of the City Council that the draft strategies and action plan related to Goal #2 is in keeping with Council’s expectations. St. Louis Park is a technology-connected community Mr. Harmening advised that this item would be presented to Council in June. St. Louis Park has top ranked schools, a well maintained and diverse housing stock, and strong, vibrant neighborhoods Ms. Olson presented the strategies and two-year action plan related to Goal #4. Councilmember Mavity stated that public art had been an important part of the City’s development approach and suggested the City have an inclusionary art policy. City Council Meeting of June 15, 2015 (Item No. 3b) Page 5 Title: Study Session Minutes of May 26, 2015 Councilmember Sanger stated there were a number of neighborhoods that were not currently organized and suggested the City focus on actively organizing those neighborhoods. She felt the City needed to put more emphasis on improving architectural design guidelines. She requested that Council have a discussion about how to promote single family homes and move-up housing. Councilmember Hallfin stated he would also like to have a discussion about increasing the amount of single family housing in the City. He urged the City to utilize its various boards and commissions in any way possible as it related to these goals. Councilmember Lindberg stated he would like to have a more robust conversation about move- up housing and what the City might do to increase or provide further resources for move-up expansions. Councilmember Sanger stated that any move-up housing needed to be in scale with the neighborhood around it and that should be part of the architectural design guidelines. Councilmember Lindberg encouraged staff to continue to reach out and engage the rental community. He discussed an initiative at Meadowbrook about the importance of partnerships among all the players and suggested having Ms. Trummer talk with Council about that initiative. It was the consensus of the City Council that the draft strategies and action plan related to Goal #4 is in keeping with Council’s expectations. St. Louis Park has high quality community amenities and facilities Ms. Walsh presented the strategies and two-year action plan related to Goal #5. Councilmember Mavity questioned whether there was community support for an archery range. She encouraged the City to remain mindful of gender equity in sports. Councilmember Sanger felt that a possible community center should be added to the list and urged staff to give more thought to the growing senior population and whether to have more focus on one or more facilities for this demographic. It was the consensus of the City Council that the draft strategies and action plan related to Goal #5 is in keeping with Council’s expectations. Mr. Harmening advised that staff would continue to revise this document following the technology presentation in June and bring it back to Council for review and formal approval this summer. 5. Update on Organizational Culture Initiatives Mr. Harmening presented the staff report and discussed his ongoing conversation with all City employees about the culture of the organization. He stated that employees were asked why they work at the City, what motivates them, and were asked to provide descriptors of the culture. He stated that employees answered the “why” statement with “we believe our public service makes a difference” and came up with three descriptors: being highly responsive to the needs of the community and each other, being collaborative with each other as a team and the community as a partner, and being committed to providing programs and services of the highest quality that consistently fulfill the needs of our customers in an innovative, effective and respectful way. He stated that each department will now engage in an exercise on what it looks like to be responsive, City Council Meeting of June 15, 2015 (Item No. 3b) Page 6 Title: Study Session Minutes of May 26, 2015 to be collaborative, and to provide the highest quality programs and services. He stated the City will also be doing an employee survey to assess the pulse of the organization and will be instituting a customer service training program. He stated this initiative will be integrated into the City’s recognition program as well as all job descriptions and performance evaluations, and will be incorporated into the City’s employee orientation program. He presented examples of posters that will be installed in each department depicting images of being responsive, being collaborative, and providing high quality programs and services. He also presented a video of a number of employees being interviewed about their jobs and how they make a difference. Councilmember Brausen suggested putting the employee video on Ch. 17. Communications/Meeting Check-In (Verbal) Mr. Harmening discussed his email to Council regarding the potential ban on plastic bags and polystyrene and distributed a proposed process for Council’s consideration and ultimate decision on this issue. He suggested that the June 22nd study session include an expert stakeholders’ panel that would give each of the groups 20 minutes to articulate their views on a potential ban. He stated that the City of Minneapolis had a citizen committee working on a proposed policy, and they were invited to the June 22nd meeting to talk about their work. Councilmember Mavity asked if the City had discussed a possible ban with Hennepin County Commissioner Greene. Mr. Harmening replied that County staff had indicated that the County Board was not interested in moving on a countywide limitation on plastic bags at this time. He stated the proposed process also included a listening session in August for the entire community, adding that staff would like Council to provide policy direction prior to the listening session. Mayor Jacobs adjourned the meeting at 9:52 p.m. Written reports provided and documented for recording purposes only: 6. April 2015 Monthly Financial Report 7. Update on SWLRT Station Area Form-Based Code 8. Inclusionary Housing Policy Review ______________________________________ ______________________________________ Melissa Kennedy, City Clerk Jeff Jacobs, Mayor Meeting: City Council Meeting Date: June 15, 2015 Minutes: 3c UNOFFICIAL MINUTES CITY COUNCIL SPECIAL STUDY SESSION ST. LOUIS PARK, MINNESOTA JUNE 1, 2015 The meeting convened at 7:00 p.m. Councilmembers present: Mayor Jeff Jacobs, Tim Brausen, Steve Hallfin, Gregg Lindberg, Anne Mavity, Susan Sanger, and Jake Spano. Councilmembers absent: None. Staff present: City Manager (Mr. Harmening), Economic Development Coordinator (Mr. Hunt), and Recording Secretary (Ms. Hughes). 1. Bader Development’s Application for Tax Increment Financing (TIF) – The Shoreham Project Mr. Hunt presented the staff report and stated that Bader Development’s cost to construct this project is estimated at over $44 million and staff had determined that the proposed project was not financially feasible due to more than $7.8 million of extraordinary costs associated with redeveloping the site, including contamination cleanup, demolition, removal of underground storage tanks, and poor soils. He stated the developer applied for $4 million in TIF assistance and staff recommended that the EDA consider providing up to $3,050,000 in pay-as- you-go TIF assistance, noting that this amount could be further reduced by grants the developer had applied for through DEED, Met Council, and Hennepin County. He stated the project included an affordability component resulting in a loss of approximately $280,000 per year and those costs were primarily covered through interest rate savings achieved through private activity revenue bonds and tax credits. Councilmember Sanger stated she liked this project but was uncomfortable with the amount of TIF financing requested. She stated the developer indicated it was foregoing $280,000 per year because of the affordable units, which equaled about $2.5 million worth of foregone cash flow over nine years and if the developer had not incurred that loss, the TIF request would be much less. She stated she wanted to see a comparison of what it would cost the City in TIF to meet the developer’s 10% goal if a project had no affordable housing versus the TIF cost if a project included affordable housing. She noted that the City’s housing policy did not include a discussion about that cost. She stated she wanted to know the cost of affordable housing in every project and felt the public needed access to that information. She added she would make the same request for any project that came forward with an affordable housing component. Councilmember Mavity stated that the extraordinary cost estimates Council was being asked to consider for the project total approximately $7.8 million and those were costs that Council would normally see whether or not a project included an affordable housing component. Mr. Hunt advised that with a Redevelopment TIF District, the qualified expenses allowed to be reimbursed to the developer were related to cleanup, demolition, site work, etc., and the City could not statutorily reimburse a developer for any costs related to affordable housing. City Council Meeting of June 15, 2015 (Item No. 3c) Page 2 Title: Special Study Session Minutes of June 1, 2015 Councilmember Brausen stated he was supportive of the TIF request. He noted this property was currently worth $2.5 million and the developer was turning it into a $36 million property and after nine years the City received all that tax revenue and this project turned into a profitable enterprise for the developer. He stated the City did not receive compensation for additional services provided whenever a new development is built, e.g., police and fire, and questioned whether the cost to provide those essential services should be evaluated along with the number of additional jobs that are created as part of a project, adding he would like to capture all those costs on every project and not just direct project costs. Councilmembers Spano, Hallfin, and Lindberg spoke in favor of the TIF request. It was the consensus of the majority of the EDA/City Council to support Bader Development’s Shoreham project proposed for the SW corner of CSAH 25 and France Avenue and to consider entering into a redevelopment contract to reimburse the Developer for qualified costs up to $3,050,000 in tax increment generated by The Shoreham project to make it financially feasible. Mr. Hunt distributed a map depicting existing TIF districts in the City, three proposed TIF districts and four potential TIF districts in the future. He also distributed a summary of specifics related to each of the existing TIF districts and noted that two of the TIF districts had been decertified and another TIF district would be decertified in the next few years. He advised that there was no limitation on the maximum number of TIF districts allowed and stated that the summary also included information about how much of the City’s tax capacity was included in TIF districts and how St. Louis Park compared to other communities. Mayor Jacobs adjourned the meeting at 7:20 p.m. ______________________________________ ______________________________________ Melissa Kennedy, City Clerk Jeff Jacobs, Mayor Meeting: City Council Meeting Date: June 15, 2015 Minutes: 3d UNOFFICIAL MINUTES CITY COUNCIL MEETING ST. LOUIS PARK, MINNESOTA JUNE 1, 2015 1. Call to Order Mayor Jacobs called the meeting to order at 7:33 p.m. Councilmembers present: Mayor Jeff Jacobs, Tim Brausen, Steve Hallfin, Gregg Lindberg, Anne Mavity, Susan Sanger, and Jake Spano. Councilmembers absent: None. Staff present: City Manager (Mr. Harmening), City Attorney (Mr. Mattick), Director of Engineering (Ms. Heiser), Senior Planner (Mr. Walther), Economic Development Coordinator (Mr. Hunt), Associate Planner (Mr. Kelley), Housing Supervisor (Ms. Schnitker), Community Development Intern (Mr. Boyce), and Recording Secretary (Ms. Hughes). 1a. Pledge of Allegiance 1b. Roll Call 2. Presentations 2a. Recognition of Donations Mayor Jacobs thanked Mr. Paul Reshke for his $1,000 donation for a purple martin house to be installed at Westwood Hills Nature Center and thanked Ms. Chelsey Bahe for her $30 donation for a nature play sign to be posted at the nature play area at Westwood Hills Nature Center. 2b. Citizens Independent Bank 65 Year Anniversary Recognition Mayor Jacobs congratulated Citizens Independent Bank on its 65 year anniversary and stated that in 2014, Citizens Independent Bank Community Foundation donated $80,000 to several organizations and at the branch level, the bank donated $10,000 to local schools and youth sports associations and many bank employees donated a number of hours to several faith-based and business organizations. He stated that Citizens Independent Bank was awarded the Minnesota Bankers Association’s “Community Champion Award.” He introduced Mr. Brad Bakken, President/CEO of Citizens Independent Bank, and thanked Mr. Bakken and his mother, Ms. Connie Bakken, and all of their employees and presented a plaque commemorating their 65 year anniversary. Mr. Bakken stated they were thankful to be a part of this community and thanked all of the bank employees and the representatives attending this evening from Children First and the Rotary and introduced Mr. Jim Rhodes, Citizens Independent Bank Board Member. He thanked the City Council for its recognition of their 65 year anniversary. City Council Meeting of June 15, 2015 (Item No. 3d) Page 2 Title: City Council Meeting Minutes of June 1, 2015 3. Approval of Minutes 3a. Closed Executive Session May 18, 2015 The minutes were approved as presented. 4. Approval of Agenda and Items on Consent Calendar NOTE: The Consent Calendar lists those items of business which are considered to be routine and/or which need no discussion. Consent items are acted upon by one motion. If discussion is desired by either a Councilmember or a member of the audience, that item may be moved to an appropriate section of the regular agenda for discussion. 4a. Approve a Temporary On-Sale Intoxicating Liquor License for STEP at 6812 West Lake Street for June 18, 2015. 4b. Approve the second reading and Adopt Ordinance No. 2467-15 Vacating Easements - 5320 West 23rd Street, and authorize summary publication. 4c. Approve the second reading and Adopt Ordinance No. 2468-15 Amending Chapter 3, Section 57 of the St. Louis Park City Code Increasing Production Capacity for Brewer Off-Sale Malt Liquor Licenses and Brewer Taproom Licenses, and Adopt Ordinance No. 2469-15 Amending Chapter 36 of the St. Louis Park City Code Increasing Production Capacity for Breweries Located in the Industrial Park and Business Park Zoning Districts, and to approve the summary ordinances for publication. 4d. Approve second reading and Adopt Ordinance No. 2470-15 Relating to Discontinuance of Water Service, Amending Chapter 32 of the St. Louis Park City Code, approve summary ordinance, and authorize publication. 4e. Approve second reading and Adopt Ordinance No. 2471-15 Amending the St. Louis Park City Code Relating to Zoning by Creating Section 36-268-PUD 1 as a Planned Unit Development Zoning District for the Property Located at 3907 and 3915 Highway 7, 3031 Glenhurst Avenue, and 3914 and 3918 31st Street West, and approve the summary ordinance for publication. 4f. Approve second reading and Adopt Ordinance No. 2472-15 Vacating an Alley Lying Between CSAH 25 Frontage Road and 31st Street West which connects France Avenue and Glenhurst Avenue, and approve the summary ordinance for publication. 4g. Adopt Resolution No. 15-074 approving acceptance of a Purple Martin House (value $1000) from Paul Reshke to be installed and monitored at Westwood Hills Nature Center and approving acceptance of a Nature Play Sign (value $30) from Chelsey Bahe to be posted at the Nature Play area at Westwood Hills Nature Center. 4h. Adopt Resolution No. 15-075 authorizing calling for a Public Hearing on July 6, 2015 on the issuance of health care facilities revenue refunding bonds and authorizing the publication of a notice of the hearing for the Jones Harrison Project. 4i. Approve Motorola MCC7500 Contract relating to the replacement of the radio consoles for 911 Dispatch 4j. Adopt Resolution No. 15-076 authorizing final payment in the amount of $44,333.04 for Project 2016-1100 MSA Street Rehabilitation – Pennsylvania Avenue with Valley Paving, Inc., City Contract No. 47-14. 4k. Adopt Resolution No. 15-077 revoking W. Lake Street between Brookview Drive and Minnesota 7 Service Road from the City’s Municipal State Aid System. City Council Meeting of June 15, 2015 (Item No. 3d) Page 3 Title: City Council Meeting Minutes of June 1, 2015 4l. Approve for filing Planning Commission Minutes May 6, 2015 It was moved by Councilmember Lindberg, seconded by Councilmember Spano, to approve the Agenda and items listed on the Consent Calendar; and to waive reading of all resolutions and ordinances. The motion passed 7-0. 5. Boards and Commissions - None 6. Public Hearings - None 7. Requests, Petitions, and Communications from the Public – None 8. Resolutions, Ordinances, Motions and Discussion Items 8a. Comprehensive Plan Amendment – “Bridgewater Development.” Resolution No. 15-078. Mr. Kelley presented the staff report and request for a Comprehensive Plan Land Use Map amendment. He presented a map of the site depicting existing land use and surrounding properties and explained that the current guidance and underlying zoning district allow up to a six story building and a density of 50 residential units per acre. A Mixed Use designation requires a mix of uses and provides higher design requirements. He presented an image of the proposed building and stated the first level consists of 10,000 square feet for Bridgewater Bank and 7,000 square feet of commercial space with parking located in a surface lot and two levels of underground parking. He also presented several elevation images and stated that the proposed change to Mixed Use met the vision and goals outlined in the Comprehensive Plan, including encouraging developments that contribute to a more walkable environment and promoting high density residential development near commercial centers. He advised that residents have raised concerns about development intensification, traffic issues, and the height of the building, as well as concerns about the loss of small businesses. He stated that SRF Consulting prepared a traffic study that analyzed average daily trips, peak hour intersection turning movements, and intersection capacity and explained in detail the results of the traffic study. He advised that SRF Consulting was engaged to provide a more detailed analysis of the general circulation around the properties, to perform an intersection control evaluation for options related to Park Commons Drive, and to model the impacts of each of those options. He reviewed the public process to date as well as next steps and indicated if the Comprehensive Plan amendment was approved, the developer would then apply for a preliminary and final plat and preliminary and final PUD specifically related to the project. He introduced Mr. Ron Mehl from Dominium Development and Mr. Mike Krych from BKV Architecture. Councilmember Mavity requested further information about the PUD process. Mr. Kelley explained that the PUD process would require a neighborhood meeting as well as a Planning Commission public hearing followed by City Council approval. He stated that a PUD district represented a rezoning and the City used the underlying zoning to dictate what kind of project can be built. He stated the site currently consisted of three City Council Meeting of June 15, 2015 (Item No. 3d) Page 4 Title: City Council Meeting Minutes of June 1, 2015 parcels, one owned by the EDA that was zoned C-2 Commercial and the other two parcels were owned by Bridgewater Bank. He explained that the C-2 district would allow uses such as a hotel, retail, office, medical office, or restaurants, and a mixed use development up to 50 units per acre and a building up to six stories in height. Councilmember Sanger stated there was no discussion in the traffic study about the impact of this proposed project on the congestion on Park Commons Drive and the congestion in Trader Joe’s for people trying to get in and out of that parking lot and asked if those areas were studied. Ms. Heiser replied that the traffic study reviewed level of service and amount of delay and SRF Consulting was not asked to look at what happens at the driveway to Trader Joe’s but looked at queuing and how long vehicles are waiting. She stated the worst level of service is the left turn going from Park Commons onto Monterey and the City will be performing some additional modeling of that area. Councilmember Sanger requested that the additional analysis look at the backup that occurs in the Trader Joe’s parking lot for people trying to get out toward Monterey or making a left turn in or out of that parking lot. Ms. Meghan Phimister, 3451 Zarthan, presented a written petition for the public record containing approximately 325 signatures asking that the City Council not take action tonight until development guidelines are created from Methodist Hospital to the Ellipse. Mr. Steve Frank, 3940 Joppa Avenue, stated that the concerned citizens group raised concerns about cut-through traffic in the neighborhood, building height and aesthetics, and the loss of small businesses. The citizen group requested a review of the entire Excelsior Boulevard corridor as opposed to projects on a case-by-case basis. Mr. Dennis Morin, 4509 West 36-1/2 Street, stated the delay on Park Commons Drive was shown to increase from 32 to 48 seconds, a 50% increase, and on Excelsior Boulevard and Kipling, the delay goes up 55% from 29 seconds to 45 seconds. He stated that if you use the alternate scenario for traffic, the delay on Park Commons Drive goes up to 89 seconds, a 178% increase. Mr. Morin asked if this assessment was correct, and Mr. Kelley replied that the figures were correct. Mr. Morin then presented Council with a “Critique of the Base Access Plan” and stated that 36-1/2 Street had no four-way stop signs, no sidewalks, and had significant on street parking, which caused sightline issues. He stated they were concerned about safety and the base plan failed to solve the traffic congestion at Monterey and Park Commons and residents believed the proposed access points were not able to manage any increase in a high density development and believed more study was needed of the whole area. He stated Park Commons was the only street that did not show a projected daily trip count and suggested that should be looked at. He asked the City Council to work with residents to develop redevelopment guidelines and conduct a comprehensive traffic study. Ms. Patti Carlson, 3801 Inglewood Avenue S., expressed concern about the height and density. She stated that nothing was mentioned about what would happen on Monterey going toward the Rec Center and stated there was often a significant backup to go into Trader Joe’s that backed up to Excelsior Boulevard. She opined that adding more cars City Council Meeting of June 15, 2015 (Item No. 3d) Page 5 Title: City Council Meeting Minutes of June 1, 2015 seemed foolish. She urged the City Council to be an advocate and protect their neighborhood and not make it more difficult to live there. Mr. Mike Edlavitch, 3720 Glenhurst, expressed concern about pedestrian safety and stated pedestrians were having a hard time crossing over Park Commons to go to the Rec Center and Wolfe Park, which was a major focus for kids in this area. Mr. Steve May, 3901 Joppa Avenue, requested that the City Council table action on amending the Comprehensive Plan Land Use Map until a comprehensive plan was in place for the north side of Excelsior Boulevard. Mr. Dan Becker, 3785 Kipling, questioned why the proposed project was six stories and why the City Council was not looking at other options such as three stories. He did not believe the traffic study addressed cars without mufflers or people that run through stop signs and asked the City Council to consider those issues. Mr. Bill Weber, 3824 Huntington Avenue, urged the City Council to postpone action on the amendment until the traffic problems on Monterey were resolved. He urged the City Council to consider the following changes: (1) acquire the bank building and car wash and do a bigger project and bring residential traffic off of Kipling; (2) combine Access B and C and line up with Park Commons Drive; (3) restripe Monterey to include a combined left turn lane and right northbound turn lane into a new combined driveway; and (4) improve the site distance coming out of Trader Joe’s or install pedestrian striping at Park Commons Drive. Mr. Russ Redman, 3833 Kipling, stated the traffic study did not address parking and asked how many parking spaces would be provided. Mr. Kelley stated the development proposal was currently in the concept stage with parking shown to exceed the City’s requirements for residential and commercial uses. Ms. Noelle Racette, 4900 Vallacher Avenue, asked the City Council to consider its role and whom they serve and why they serve. She was concerned about the amount of concrete, steel, glass, and brick in all the developments along Excelsior Boulevard and felt it all looked the same. She was also concerned about eliminating small houses and replacing them with one-bedroom apartments and whether this was the destination location that St. Louis Park wanted to become. Ms. Courtney Nichols, representing Park Health and Rehabilitation Center, 4415 West 36-1/2 Street, expressed concern about the shared parking spaces and stated they had 81 patients in their skilled nursing facility and they used a small space in the front of their building for visitors and utilize shared space in the back. She stated the proposed project used the shared lot to build their structure and questioned what kind of access to parking they could expect in order to serve their patients. She stated Access D, as a primary entrance into the residential area, would increase traffic flow and that was the only entrance and exit into their back space and was where emergency vehicles parked. She added the proposal would not allow them to serve the emergency medical needs of their patients. She referenced an easement agreement and stated the current proposal had not been agreed to in their easement agreement. City Council Meeting of June 15, 2015 (Item No. 3d) Page 6 Title: City Council Meeting Minutes of June 1, 2015 Councilmember Mavity thanked everyone for their comments and stated that Council was not evaluating or approving the project this evening but was being asked to change the land use map from Commercial to Mixed Use, and pointed out the site currently allowed up to 50 units of housing without a PUD. She explained the proposed change required a PUD, which gave Council more control over development of the site. She did not believe this project was ready for approval because it had not addressed the issues that were raised and suggested more work needed to be done before any development took place on this site. She agreed that the traffic issues at Park Commons and Monterey would be unbearable if this project moved forward and stated there must be further comprehensive strategies in place for how traffic moves in the area and this project should not go forward until the traffic issues are resolved. She also felt the issues with 36-1/2 Street needed to be addressed before going forward with any project. She stated she had been an advocate of small business and finding ways in which the City Code could help support small business, including forthcoming recommendations on form based code, but was concerned about long stretches of commercial spaces with blank cement walls and little pedestrian experience. She stated this was an active corridor that was going to see more development in the future and it was important to make sure Council was guiding development in a way that supported the vision for local small businesses and safety. Councilmember Sanger stated the development proposal was far from being ready for approval and she preferred that the PUD be put on hold until Council had greater clarity about how the issues with the current design were being addressed. She felt the traffic issues would only get worse with the project and the nursing home’s concerns about access and parking needed to be addressed. She was concerned about the number of small residential units and stated this development had almost no green space and she would not support the amendment to the Comprehensive Plan Land Use Map at this time. She pointed out that many of the resident comments were similar to comments that Council had heard about other developments and felt there needed to be a conversation with the entire community to help shape this development and other developments going forward. Councilmember Brausen stated that Council was not being asked to approve the development this evening and acknowledged Council’s serious concerns with the proposed development including the traffic issues. He felt that Council could approve the amendment and thus, guide the development on this property. It was moved by Councilmember Brausen, seconded by Councilmember Mavity, to adopt Resolution No. 15-078 Approving an Amendment to the 2030 Comprehensive Plan for the City of St. Louis Park under Minnesota Statutes 462.351 to 462.364 – 4400 and 4424 Excelsior Boulevard and 3743 Monterey Drive. Councilmember Spano asked about the height limits under the current zoning. Mr. Kelley stated the current zoning allows building height up to six stories or 75’. Councilmember Spano stated he had serious concerns about access and traffic in this area. He did not have concerns about green space, and pointed out this property was one- half block from Wolfe Park, one of the biggest green space areas in the City. City Council Meeting of June 15, 2015 (Item No. 3d) Page 7 Title: City Council Meeting Minutes of June 1, 2015 Mr. Ron Mehl, Dominium Development, stated they share some of the same concerns as residents and they want traffic to work in this area. He stated they were willing to work with the neighborhood and City staff to take actions to make the development work for the neighborhood. He advised that they were meeting with Park Health and Rehabilitation Center to discuss the easement. The motion passed 6-1 (Councilmember Sanger opposed). 8b. Conditional Use Permit for Fill/Excavation Westside Center 5320 West 23rd Street. Resolution No. 15-079. Mr. Boyce presented the staff report and explained that COB, LLC, proposed to build an expansion for Lyman Lumber for indoor and outdoor storage, as well as construction of a ring road and storm water management. He stated the applicant proposed to excavate approximately 8,000 cubic yards of fill and import approximately 1,000 cubic yards of fill in the floodplain. He presented an aerial map and proposed layout of the site and explained that portions of the ring road and reconfigured parking would impact approximately 1,002 cubic yards of floodplain and the applicant proposed compensatory floodplain storage of 1,020 cubic yards and improved storm water management systems for the site with infiltration swales. He discussed the hauling route and stated the project would last 2-4 weeks with 5-10 trucks per day and hours of operation from 7:00 a.m.- 5:00 p.m. weekdays. He noted that weekend work may occur due to unexpected weather delays and weekend hours would be limited to 9:00 a.m.-5:00 p.m. He stated that materials to be imported included an unknown amount of Class V material and Braun Intertec would be on-site to screen excavated materials for possible use. Councilmember Sanger expressed concern about trucks using 23rd Street to the T.H. 100 frontage road because of the ongoing T.H. 100 project and asked if the City could modify the hauling hours so trucks were not using this road during rush hour. Mr. Walther stated the Ordinance allowed hours of operation from 7:00 a.m.-5:00 p.m. and he did not think the trucks would cause a significant problem over the course of four weeks, adding if the contractor found there were issues with traffic delays, they would adjust their hours. It was moved by Councilmember Sanger, seconded by Councilmember Mavity, to adopt Resolution No. 15-079 Granting Conditional Use Permit under Section 36-79(a) and (b) of the St. Louis Park Ordinance Code relating to Zoning to Permit Excavation and Fill of Approximately 9,000 Cubic Yards from Property Zoned Industrial Park and General Industrial District located at 5320 West 23rd Street. The motion passed 7-0. 8c. Inclusionary Housing Policy Ms. Schnitker presented the staff report and proposed Housing Policy and explained the policy required the inclusion of affordable housing in new market rate residential developments requesting financial assistance from the City. She stated the policy contained two options for providing the required number of affordable units within a project and provided that at least 10% of the units shall be affordable for households at City Council Meeting of June 15, 2015 (Item No. 3d) Page 8 Title: City Council Meeting Minutes of June 1, 2015 60% AMI or at least 8% of the units shall be affordable for households at 50% AMI. She stated the policy also allowed the income and affordability requirements to be fulfilled by the development of units within the proposed market rate development or at another site if approved by the City. She stated the length of the affordability requirement was a minimum of 25 years, the bedroom type of affordable units must be reflective of the market rate units and distributed throughout the development, and the policy was applicable to buildings with ten or more units. She stated that staff would also be preparing procedures to guide program implementation, including ongoing compliance. Mr. Steve May, 3901 Joppa Avenue, referred to the earlier discussion regarding the Bridgewater development and stated that when affordable housing was added to the mix of residential units, this appeared to be driving up the size of a building and urged Council to consider this concern about density. He also agreed with Councilmember Sanger’s comment about the need for a discussion with the community about what types of developments residents want to see in the community. Councilmember Sanger acknowledged the need for more affordable housing in the metro area and the push to create more affordable housing. She stated that St. Louis Park already had a high ratio of affordable housing and Met Council ranked the City in the top 10% of communities with available affordable housing. She referred to Met Council’s approach to push affordable housing to the outer ring suburbs and stated if St. Louis Park kept adding more affordable housing, the pressure on those suburbs to have their fair share of affordable housing was reduced. She stated the policy did not contain a provision requiring a comparison of the cost to the City for requiring affordable housing versus the cost to the City if the same project was built with no affordable housing and felt it was important to be transparent about those costs and, as a result, she would not be supporting this policy as proposed. Councilmember Lindberg stated the policy represented over a year’s worth of work by Council and Council was saying that if St. Louis Park is providing TIF assistance, there should be an affordability element that resulted in options that might not exist otherwise. He stated this policy provided direction to developers that when the City had a stake in a particular project, the developer needed to do the right thing. He urged Council to take into account the impact of this policy on the greater good. He recognized that other communities were not doing things like this and that is what made St. Louis Park great. He was supportive of the policy and was appreciative of all the staff work that had gone into creating the policy. Councilmember Brausen stated one of his priorities was to see the City increase its supply of affordable housing. He stated the City had a lot of naturally occurring affordable housing but most of the new developments were high-end luxury apartments with no affordable units and this policy leveraged some of the City’s investment and made sure community members benefitted from it. It was moved by Councilmember Brausen, seconded by Councilmember Mavity, to approve the Inclusionary Housing Policy, which would require the inclusion of affordable housing units in new market rate multi-unit residential developments receiving financial assistance from the City. City Council Meeting of June 15, 2015 (Item No. 3d) Page 9 Title: City Council Meeting Minutes of June 1, 2015 Councilmember Hallfin urged Council to be the better council and the better city. He stated that even though other cities were not adding affordable housing, St. Louis Park was the better city and he was proud of the City Council for acting on the policy. Councilmember Spano stated that Hennepin County needed to take a more active role in guiding affordable housing throughout the metro. He stated this policy meant that a family of four could afford to live in some of these new developments and that all sorts of people could enjoy the benefits of the policy. Councilmember Mavity stated she was proud of Council for taking this leadership role and making sure people have choices and she was proud to support the housing policy. The motion passed 6-1 (Councilmember Sanger opposed). 9. Communications Mayor Jacobs reminded residents about Parktacular on June 19-21 and stated that buttons were available at the Rec Center and various locations throughout the City and further information is available at www.parktacular.org. Mr. Harmening announced the opening of the aquatic park on Friday, June 5th, at 11:00 a.m. He reminded residents about the “Park the Street 2” event near TexaTonka on Sunday, June 7th, from 12:00 noon-4:00 p.m. He reminded residents about the Fire Department open house on Tuesday, June 9th, from 5:00-8:00 p.m. at Fire Station #1. He also reminded residents about the household hazardous waste drop-off collection at the middle school on June 11-13 from 9:00 a.m.-4:00 p.m. Councilmember Spano reminded residents about Cleanup Day on Saturday, June 6th, from 8:00 a.m.-1:00 p.m. 10. Adjournment Mayor Jacobs adjourned the meeting at 9:35 p.m. ______________________________________ ______________________________________ Melissa Kennedy, City Clerk Jeff Jacobs, Mayor Meeting: City Council Meeting Date: June 15, 2015 Consent Agenda Item: 4a EXECUTIVE SUMMARY TITLE: Special Assessment – Water and Sewer Service Line Repair 1810 Flag Avenue South RECOMMENDED ACTION: Motion to Adopt Resolution authorizing the special assessment for the repair of the water and sewer service lines at 1810 Flag Avenue South, St. Louis Park, Minnesota, P.I.D. 06-117-21-33-0044. POLICY CONSIDERATION: The proposed action is consistent with policy previously established by the City Council. SUMMARY: Kristi Svenkeson, owner of the single family residence at 1810 Flag Avenue South, has requested the City to authorize the repair of the water and sewer service lines for her home and assess the cost against the property in accordance with the City’s special assessment policy. This is a 2015 repair that was made between the home and the curb box and is not impacted by the City’s new waterline ownership policy. Homeowners are still responsible for water lines repairs that occur between their home and the curb box located in the right of way. The City requires the repair of service lines to promote the general public health, safety and welfare within the community. The special assessment policy for the repair or replacement of water and/or sewer service lines for existing homes was adopted by the City Council in 1996. This program was put into place because sometimes property owners face financial hardships when emergency repairs like this are unexpectedly required. Plans and permits for the service line repair work were completed, submitted, and approved by City staff. The property owner hired a contractor and repaired the water and sewer service lines in compliance with current codes and regulations. Based on the completed work, this repair qualifies for the City’s special assessment program. The property owner has petitioned the City to authorize the water and sewer service line repairs and special assess the cost of the repair. The total eligible cost of the repair has been determined to be $6,415.00. FINANCIAL OR BUDGET CONSIDERATION: The City has funds in place to finance the cost of this special assessment. VISION CONSIDERATION: Not applicable. SUPPORTING DOCUMENTS: Resolution Prepared by: Jay Hall , Utility Superintendent Reviewed by: Mark Hanson, Public Works Superintendent Brian Swanson, Controller Cindy Walsh, Director of Operations & Recreation Approved by: Tom Harmening, City Manager City Council Meeting of June 15, 2015 (Item No. 4a) Page 2 Title: Special Assessment – Water and Sewer Service Line Repair 1810 Flag Avenue South RESOLUTION NO. 15-____ RESOLUTION AUTHORIZING THE SPECIAL ASSESSMENT FOR THE REPAIR OF THE WATER AND SEWER SERVICE LINES AT 1810 FLAG AVENUE SOUTH, ST. LOUIS PARK, MN P.I.D. 06-117-21-33-0044 WHEREAS, the Property Owner at 1810 Flag Avenue South, have petitioned the City of St. Louis Park to authorize a special assessment for the repair of the water and sewer service lines for the single family residence located at 1810 Flag Avenue South, and WHEREAS, the Property Owner has agreed to waive the right to a public hearing, right of notice and right of appeal pursuant to Minnesota Statute, Chapter 429; and WHEREAS, the City Council of the City of St. Louis Park has received a report from the Utility Superintendent related to the repair of the water and sewer service lines. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of St. Louis Park, Minnesota, that: 1. The petition from the Property Owner requesting the approval and special assessment for the water and sewer service line repair is hereby accepted. 2. The water and sewer service line repair that was done in conformance with the plans and specifications approved by the Public Works Department and Department of Inspections is hereby accepted. 3. The total cost for the repair of the water and sewer service line is accepted at $6,415.00. 4. The Property Owner has agreed to waive the right to a public hearing, notice and appeal from the special assessment; whether provided by Minnesota Statutes, Chapter 429, or by other statutes, or by ordinance, City Charter, the constitution, or common law. 5. The Property Owner has agreed to pay the City for the total cost of the above improvements through a special assessment over a ten (10) year period at the interest rate of 4.00%. 6. The Property Owner has executed an agreement with the City and all other documents necessary to implement the repairs of the water and sewer service line and the special assessment of all costs associated therewith. Reviewed for Administration: Adopted by the City Council June 15, 2015 City Manager Mayor Attest: City Clerk Meeting: City Council Meeting Date: June 15, 2015 Consent Agenda Item: 4b EXECUTIVE SUMMARY TITLE: Special Assessment – Sewer Service Line Repair at 3912 Joppa Avenue South RECOMMENDED ACTION: Motion to Adopt Resolution authorizing the special assessment for the repair of the sewer service line at 3912 Joppa Avenue South, St. Louis Park, Minnesota, P.I.D. 07-028-24-12-0149. POLICY CONSIDERATION: The proposed action is consistent with policy previously established by the City Council. SUMMARY: Scott Hallett and Jane Ferguson Hallett, owners of the single family residence at 3912 Joppa Avenue South, have requested the City authorize repair of the sewer service line for their home and assess the cost against the property in accordance with the City’s special assessment policy. The City requires the repair of service lines to promote the general public health, safety and welfare within the community. The special assessment policy for the repair or replacement of water or sewer service lines for existing homes was adopted by the City Council in 1996. This program was put into place because sometimes property owners face financial hardships when emergency repairs like this are unexpectedly required. Plans and permits for this service line repair work were completed, submitted, and approved by City staff. The property owners hired a contractor and repaired the sewer service line in compliance with current codes and regulations. Based on the completed work, this repair qualifies for the City’s special assessment program. The property owners have petitioned the City to authorize the sewer service line repair and special assess the cost of the repair. The total eligible cost of the repair has been determined to be $7,500.00. FINANCIAL OR BUDGET CONSIDERATION: The City has funds in place to finance the cost of this special assessment. VISION CONSIDERATION: Not applicable. SUPPORTING DOCUMENTS: Resolution Prepared by: Jay Hall , Utility Superintendent Reviewed by: Mark Hanson, Public Works Superintendent Brian Swanson, Controller Cindy Walsh, Director of Operations & Recreation Approved by: Tom Harmening, City Manager City Council Meeting of June 15, 2015 (Item No. 4b) Page 2 Title: Special Assessment – Sewer Service Line Repair at 3912 Joppa Avenue South RESOLUTION NO. 15-____ RESOLUTION AUTHORIZING THE SPECIAL ASSESSMENT FOR THE REPAIR OF THE SEWER SERVICE LINE AT 3912 JOPPA AVENUE SOUTH, ST. LOUIS PARK, MN P.I.D. 07-028-24-12-0149 WHEREAS, the Property Owners at 3912 Joppa Avenue South, have petitioned the City of St. Louis Park to authorize a special assessment for the repair of the sewer service line for the single family residence located at 3912 Joppa Avenue South, and WHEREAS, the Property Owners have agreed to waive the right to a public hearing, right of notice and right of appeal pursuant to Minnesota Statute, Chapter 429; and WHEREAS, the City Council of the City of St. Louis Park has received a report from the Utility Superintendent related to the repair of the sewer service line. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of St. Louis Park, Minnesota, that: 1. The petition from the Property Owners requesting the approval and special assessment for the sewer service line repair is hereby accepted. 2. The sewer service line repair that was done in conformance with the plans and specifications approved by the Public Works Department and Department of Inspections is hereby accepted. 3. The total cost for the repair of the sewer service line is accepted at $7,500.00. 4. The Property Owners have agreed to waive the right to a public hearing, notice and appeal from the special assessment; whether provided by Minnesota Statutes, Chapter 429, or by other statutes, or by ordinance, City Charter, the constitution, or common law. 5. The Property Owners have agreed to pay the City for the total cost of the above improvements through a special assessment over a ten (10) year period at the interest rate of 4.00 %. 6. The Property Owners have executed an agreement with the City and all other documents necessary to implement the repair of the sewer service line and the special assessment of all costs associated therewith. Reviewed for Administration: Adopted by the City Council June 15, 2015 City Manager Mayor Attest: City Clerk Meeting: City Council Meeting Date: June 15, 2015 Consent Agenda Item: 4c EXECUTIVE SUMMARY TITLE: Retirement Recognition Resolution for Public Service Worker Dallas Bahe RECOMMENDED ACTION: Motion to Adopt Resolution to recognize Public Service Worker Dallas Bahe for his nearly 34 years of service to the City of St. Louis Park. POLICY CONSIDERATION: None at this time. SUMMARY: City policy states that employees who retire or resign in good standing with over 20 years of service will be presented with a resolution from the Mayor, City Manager and City Council. Dallas has chosen not to be honored with a presentation, and will not be attending the Council meeting. This consent item will officially adopt the resolution that honors Dallas for his years of service. FINANCIAL OR BUDGET CONSIDERATION: Not applicable. VISION CONSIDERATION: Not applicable. SUPPORTING DOCUMENTS: Resolution Prepared by: Ali Timpone, HR Coordinator Reviewed by: Nancy Deno, Deputy City Manager/HR Director Approved by: Tom Harmening, City Manager City Council Meeting of June 15, 2015 (Item No. 4c) Page 2 Title: Retirement Recognition Resolution for Public Service Worker Dallas Bahe RESOLUTION NO. 15-___ RESOLUTION OF THE CITY COUNCIL OF ST. LOUIS PARK, MINNESOTA, RECOGNIZING THE CONTRIBUTIONS OF AND EXPRESSING APPRECIATION TO PUBLIC SERVICE WORKER DALLAS BAHE WHEREAS, Dallas began his employment with the City of St. Louis Park nearly 34 years ago on August 10, 1981; and WHEREAS, Dallas has painted tens of thousands of gallons of field paint on soccer and football fields providing top quality playing areas; and WHEREAS, Dallas has worked long hours during winter snowstorms and summer blow downs; and WHEREAS, Dallas has brought a sense of humor to work creating a pleasant atmosphere for his peers; and WHEREAS, Dallas has worked with various youth groups and associations to help the City be a leader in the recreation industry; and WHEREAS, Dallas will enjoy retirement in his new travel trailer in Cokato, MN with his wife Debra; and WHEREAS, Dallas is very musically talented, and retirement may give him time to pursue a career in music with his brother Rick; NOW THEREFORE BE IT RESOLVED that the City Council of the City of St. Louis Park, Minnesota, by this resolution and public record, would like to thank Public Service Worker Dallas Bahe for his great contributions and nearly 34 years of dedicated service to the City of St. Louis Park and wish him the best in his retirement. Reviewed for Administration: Adopted by the City Council June 15, 2015 City Manager Mayor Attest: City Clerk Meeting: City Council Meeting Date: June 15, 2015 Consent Agenda Item: 4d EXECUTIVE SUMMARY TITLE: Call for Public Hearing to Consider Establishment of The Shoreham TIF District RECOMMENDED ACTION: Motion to Adopt Resolution calling for a public hearing relative to the proposed establishment of The Shoreham Tax Increment Financing (TIF) District within Redevelopment Project No. 1 (a redevelopment district). POLICY CONSIDERATION: Does the City Council wish to hold a public hearing on August 3, 2015 to consider the establishment of a Redevelopment Tax Increment Financing District to facilitate Bader Development’s proposed Shoreham project? SUMMARY: Bader Development is proposing to construct a major mixed-use redevelopment at the SW corner of CSAH 25 and France Ave. During its due diligence, Bader discovered that there are significant extraordinary costs associated with redeveloping the proposed site such as contaminated fill material, underground storage tanks and structurally unstable soils which make the project financially infeasible. Consequently Bader applied to the EDA for Tax Increment Financing (TIF) assistance to offset a portion of these costs so as to enable its proposed Shoreham project to proceed. The Developer’s application was reviewed at the June 1st Special Study Session where it was favorably received. FINANCIAL OR BUDGET CONSIDERATION: The cost to construct the proposed Shoreham project is projected at $44.5 million. It is estimated to have a total taxable market value of $32.6 million upon completion. The proposed mixed-use project is not financially feasible due to more than $7.8 million of extraordinary costs associated with redeveloping the site. In order for the project to proceed, it is proposed that the EDA consider reimbursing the Developer for qualified costs up to $3,050,000 in pay-as-you-go tax increment generated by the project for a term of 9 years. The TIF amount could be further reduced based upon any grant awards. Once the TIF Note is retired the additional property taxes generated by the project would accrue to the local taxing jurisdictions. Setting a hearing date for the proposed Shoreham TIF District does not, in itself, authorize or commit the EDA/City to any level of TIF assistance for the proposed project. Procedurally it simply enables the City to hold a public hearing to consider the creation of the new TIF district. The EDA will have the opportunity to consider the precise amount of financial assistance along with other business terms in the near future. Those terms will be incorporated into a redevelopment contract with Bader Development which will be brought to the EDA for formal consideration the same evening as the proposed TIF district public hearing. VISION CONSIDERATION: St. Louis Park is committed to providing a well-maintained and diverse housing stock. SUPPORTING DOCUMENTS: Discussion Resolution TIF Schedule Prepared by: Greg Hunt, Economic Development Coordinator Reviewed by: Michele Schnitker, Housing Supervisor Approved by: Tom Harmening, EDA Executive Director and City Manager City Council Meeting of June 15, 2015 (Item No. 4d) Page 2 Title: Call for Public Hearing to Consider Establishment of The Shoreham TIF District DISCUSSION BACKGROUND: Bader Development (“Developer”) has option agreements to acquire five properties at the SW corner of CSAH 25 and France Ave. These include two commercial properties located at 3907 & 3915 Highway 7, (the ASAP building and Battlefield Store respectively), two single-family homes located at 3031 Glenhurst Ave. and 3914 31st St. and a townhome duplex located at 3918 31st St. The land assemblage creates a 2.23-acre redevelopment site. The Developer proposes to raze the current commercial buildings and residences, remove the contaminated fill material and soils impacting the site, and construct a mixed-use development called The Shoreham. The proposed building would consist of 150 residential units (of which 20% would be designated for households earning 50% of area median income) and 20,000 square feet of office space (split between Bader Development/Steven Scott Management and a medical office tenant). Also included would be structured underground and surface parking. Bader Development’s preliminary sources and uses statements, cash flow projections, and investor rate of return (ROR) related to Shoreham were reviewed by Staff and Ehlers. The estimates were found to be reasonable and within industry standards for this type of redevelopment. It was also concluded that constructing Shoreham was not financially feasible without some financial assistance from the EDA. Bader Development is seeking financial assistance specifically to offset the extraordinary costs of redeveloping the five properties. Level and Type of Financial Assistance Upon analysis by Ehlers and Staff, and discussion with Bader Development, it was determined that up to $3,050,000 in tax increment assistance would allow the project to move forward and achieve a standard return. Providing assistance makes it possible to construct a high quality project consistent with the Livable Communities design principles and many other objectives listed in the City’s Comprehensive Plan. This proposed amount of assistance is in-line with other similar mixed-use developments the EDA has aided in the past. Upon project completion, tax increment generated from the increased value of the property would be provided to Bader Development on a "pay-as-you-go" basis, which is the preferred financing method under the City's TIF Policy. The Shoreham meets the requirements of a Redevelopment TIF District (25 year TIF District). If this type of district were created, the proposed project would generate the above amount of tax increment in approximately 9 years . Request for TIF Assistance At the June 1st Special Study Session the EDA reviewed the TIF Application from Bader Development. Following discussion there was consensus support for favorably considering the Developer’s request for up to $3,050,000 in tax increment assistance. As a result, Staff was directed to call for a public hearing on the proposed Redevelopment TIF District and to begin drafting a formal redevelopment contract with Bader Development. Call for Public Hearing The TIF program is administered by the EDA. However in order to create a TIF district, city councils are statutorily required to hold a public hearing. To start the TIF district process, the EDA must formally request the City Council to set a date and hold a public hearing. Calling for the public hearing is the first step in the formal creation of The Shoreham Tax Increment Financing District. The public hearing is scheduled to be held on August 3, 2015. City Council Meeting of June 15, 2015 (Item No. 4d) Page 3 Title: Call for Public Hearing to Consider Establishment of The Shoreham TIF District NEXT STEPS: Staff will coordinate with Ehlers to prepare the documents necessary for the formal creation of the proposed Shoreham TIF District. At the same time Staff will work with legal counsel to draft the business terms and redevelopment contract with Bader Development for the provision of the proposed assistance for EDA consideration. City Council Meeting of June 15, 2015 (Item No. 4d) Page 4 Title: Call for Public Hearing to Consider Establishment of The Shoreham TIF District CITY OF ST. LOUIS PARK HENNEPIN COUNTY STATE OF MINNESOTA RESOLUTION NO. 15-____ RESOLUTION CALLING FOR A PUBLIC HEARING BY THE CITY COUNCIL ON THE PROPOSED ADOPTION OF A MODIFICATION TO THE REDEVELOPMENT PLAN FOR REDEVELOPMENT PROJECT NO. 1 AND THE PROPOSED ESTABLISHMENT OF THE SHOREHAM REDEVELOPMENT TAX INCREMENT FINANCING DISTRICT THEREIN AND THE ADOPTION OF THE TAX INCREMENT FINANCING PLAN THEREFOR. BE IT RESOLVED by the City Council (the "Council") for the City of St. Louis Park, Minnesota (the "City"), as follows: Section 1. Public Hearing. This Council shall meet on August 3, 2015, at approximately 7:30 P.M., to hold a public hearing on the proposed adoption of a Modification to the Redevelopment Plan for Redevelopment Project No. 1, the proposed establishment of the Shoreham Redevelopment Tax Increment Financing District, and the proposed adoption of a Tax Increment Financing Plan therefor, all pursuant to and in accordance with Minnesota Statutes, Sections 469.090 to 469.1082, and Sections 469.174 to 469.1794, inclusive, as amended, in an effort to encourage the development and redevelopment of certain designated areas within the City; and Section 2. Notice of Public Hearing, Filing of Plans. City staff is authorized and directed to work with Ehlers to prepare a Modification to the Redevelopment Plan for Redevelopment Project No. 1 and a Tax Increment Financing Plan for the Shoreham Redevelopment Tax Increment Financing District and to forward documents to the appropriate taxing jurisdictions including Hennepin County and Independent School District No. 283. The Economic Development Coordinator is authorized and directed to cause notice of the hearing, together with an appropriate map as required by law, to be published at least once in the official newspaper of the City not later than 10, nor more than 30, days prior to August 3, 2015, and to place a copy of the Plans on file in the Economic Development Coordinator's office at City Hall and to make such copy available for inspection by the public. Reviewed for Administration: Adopted by the Economic Development Authority on June 15, 2015 City Manager Mayor Attest: Clerk City Council Meeting of June 15, 2015 (Item No. 4d) Page 5 Title: Call for Public Hearing to Consider Establishment of The Shoreham TIF District SCHEDULE OF EVENTS ST. LOUIS PARK ECONOMIC DEVELOPMENT AUTHORITY AND THE CITY OF ST. LOUIS PARK HENNEPIN COUNTY, MINNESOTA FOR THE MODIFICATION TO THE REDEVELOPMENT PLAN FOR REDEVELOPMENT PROJECT NO. 1 AND THE ESTABLISHMENT OF THE SHOREHAM TAX INCREMENT FINANCING DISTRICT (a redevelopment district) June 8, 2015Ehlers confirms with the City whether building permits have been issued on the property to be included in the TIF District. June 8, 2015Project information (property identification numbers and legal descriptions, detailed project description, maps, but/for statement, and list of sources and uses of funds) for drafting necessary documentation sent to Ehlers. June 15, 2015EDA requests that the City Council call for a public hearing. June 15, 2015City Council calls for a public hearing. June 19, 2015County receives TIF Plan for review for County Road impacts (at least 45 days prior to public hearing). *The County Board, by law, has 45 days to review the TIF Plan to determine if any county roads will be impacted by the development. Because the City staff believes that the proposed tax increment financing district may require county road improvements, the TIF Plan will be forwarded to the County Board 45 days prior to the public hearing. June 23, 2015 Letter received by County Commissioner giving notice of a potential redevelopment tax increment financing district (at least 30 days prior to publication of public hearing notice). [Ehlers will fax and mail on or before June 23, 2015] July 2, 2015 Fiscal/economic implications received by School Board Clerk and County Auditor (at least 30 days prior to public hearing). [Ehlers will fax and mail on or before July 2, 2015.] July 13, 2015 Ehlers conducts internal review of the Plans. July 15, 2015 Planning Commission reviews Plans to determine if they are in compliance with City's comprehensive plan and adopts a resolution approving the Plans. City Council Meeting of June 15, 2015 (Item No. 4d) Page 6 Title: Call for Public Hearing to Consider Establishment of The Shoreham TIF District SCHEDULE OF EVENTS – PAGE 2 ST. LOUIS PARK ECONOMIC DEVELOPMENT AUTHORITY AND THE CITY OF ST. LOUIS PARK HENNEPIN COUNTY, MINNESOTA FOR THE MODIFICATION TO THE REDEVELOPMENT PLAN FOR REDEVELOPMENT PROJECT NO. 1 AND THE ESTABLISHMENT OF THE SHOREHAM TAX INCREMENT FINANCING DISTRICT (a redevelopment district) July 23, 2015 Date of publication of hearing notice and map (at least 10 days but not more than 30 days prior to hearing). [Ehlers will submit notice & map to the St. Louis Park Sun Sailor on or before July 16, 2015 at sunlegals@ecm-inc.com] August 3, 2015 EDA adopts a resolution approving the Plans. August 3, 2015 City Council holds public hearing at 7:30 p.m. on a Modification to the Redevelopment Plan for Redevelopment Project No. 1, the establishment of the Shoreham Tax Increment Financing District and passes resolution approving the Plans. [Ehlers will email Council packet information to the City on or before July 27, 2015] August 4, 2015 City can issue building permits. ___________ Ehlers requests certification of the TIF District from the state and county. An action under subdivision 1, paragraph (a), contesting the validity of a determination by an authority under section 469.175, subdivision 3, must be commenced within the later of: (1) 180 days after the municipality’s approval under section 469.175, subdivision 3; or (2) 90 days after the request for certification of the district is filed with the county auditor under section 469.177, subdivision1. Meeting: City Council Meeting Date: June 15, 2015 Consent Agenda Item: 4e EXECUTIVE SUMMARY TITLE: Temporary On-Sale Intoxicating Liquor License – Minnesota Grape Growers Association RECOMMENDED ACTION: Motion to Approve a Temporary On-Sale Intoxicating Liquor License for the Minnesota Grape Growers Association for an event on West End Boulevard at the Shops at West End for July 11, 2015. POLICY CONSIDERATION: Does Council agree with staff’s recommendation to approve a Temporary On-Sale Intoxicating Liquor License for the Minnesota Grape Growers Association during their event scheduled for Saturday, July 11, 2015? BACKGROUND: The Minnesota Grape Growers Association has made application for a Temporary On-Sale Intoxicating Liquor License for an event to be held on Saturday, July 11, 2015, from 12:00 noon to 5:00 pm to showcase wines produced by members of the association. The Minnesota Grape Growers Association was formed in 1976 to heighten public awareness and advance legislative support of the Minnesota grape and wine industry and to advance quality standards in the production of Minnesota grown grapes and wines. A list of their member wineries is listed on their website www.mngrapes.org. Under State Statute 340A.4175, “A municipality with the approval of the commissioner may issue a temporary license to a bona fide association of owners and operators of wineries sponsoring an annual festival to showcase wines produced by members of the association.” The Police Department has completed the background investigation on the principals and has found no reason to deny the temporary license. The applicant has met all requirements for issuance of the license, including implementation of all safety and security measures suggested by the Police, Fire, and Inspections departments. Staff is recommending approval of the request. FINANCIAL OR BUDGET CONSIDERATION: The fee for a temporary liquor license is $100 per day of the event. VISION CONSIDERATION: Not Applicable. Attachments: None Prepared by: Kay Midura, Office Assistant – City Clerk’s Office Reviewed by: Melissa Kennedy, City Clerk Nancy Deno, Deputy City Manager/HR Director Approved by: Tom Harmening, City Manager Meeting: City Council Meeting Date: June 15, 2015 Consent Agenda Item: 4f EXECUTIVE SUMMARY TITLE: Temporary Extension of Licensed Premises - Frank Lundberg American Legion RECOMMENDED ACTION: Motion to approve a temporary extension of the licensed premises located at 5605 36th St. W. to include the west parking lot for the American Legion’s Celebrate the Park event to be held June 20, 2015 in conjunction with Parktacular. POLICY CONSIDERATION: Does Council wish to approve the temporary extension of the licensed premises for the American Legion’s Celebrate the Park event on June 20, 2015? BACKGROUND: The American Legion Post 282 currently holds an On-Sale Club liquor license for the premises located at 5605 36th St. W. The licensee has requested a one-time, temporary extension of the licensed premises to include the west parking lot for their Celebrate the Park event to be held on Saturday, June 20, from 2:00 to 10:00 pm, in conjunction with Parktacular. After the Parktacular parade, the American Legion color guard will conduct an American Flag retirement ceremony. The ceremony is held before the burning of the first flag, with the remaining flags being burned one by one. Food will be prepared and served indoors, though there will be tables for eating outside. Beer is proposed to be sold within a designated area of the licensee’s west parking lot. The parking lot will be fenced off, with two driveways left open for emergency vehicles. Wristbands will be issued to control the service of alcohol and small tents will be put up over the beer taps only. The City Fire and Police Departments have been notified of the event and did not object to the proposed extension of the licensed premises. The American Legion Post 282 is a service organization with the purpose of promoting Americanism, patriotism, and to provide for the needs of our youth and children. The applicant has met the requirements for the temporary extension of the licensed premises, and staff is recommending approval. FINANCIAL OR BUDGET CONSIDERATION: None VISION CONSIDERATION: Not Applicable. Attachments: None Prepared by: Kay Midura, Office Assistant – Administration Reviewed by: Melissa Kennedy, City Clerk Nancy Deno, HR Director/Deputy City Manager Approved by: Tom Harmening, City Manager Meeting: City Council Meeting Date: June 15, 2015 Consent Agenda Item: 4g EXECUTIVE SUMMARY TITLE: Boy Scout Troop 282 Request for Temporary Signs in the Public Right-of-Way RECOMMENDED ACTION: Motion to Adopt Resolution to approve Boy Scout Troop 3282’s request for placing temporary signs in the public right-of-way. POLICY CONSIDERATION: None. SUMMARY: Troop 282 has requested permission to install temporary signs in the public right- of-way for their Father’s Day Waffle Breakfast event. The Council has been granting a similar request for the Lion’s Pancake Breakfast every year since 2005. Section 36-362(e)(2) of the Zoning Code states that prohibited signs include, “Signs on or over the public right-of-way unless the City Council grants permission for a temporary sign on or over the public right-of-way for a period not to exceed ten days.” The requested signs advertise the Father’s Day Waffle Breakfast to be held on Sunday, June 21st, from 9am to 1pm. This activity is a fund raiser for the Boy Scout Troop. The request is to install 10 sandwich board style signs as early as June 16, 2015; these will be removed on the day of the event. FINANCIAL OR BUDGET CONSIDERATION: None VISION CONSIDERATION: Not applicable. SUPPORTING DOCUMENTS: Resolution Sign Plan Prepared by: Gary Morrison, Assistant Zoning Administrator Reviewed by: Sean Walther, Senior Planner Michele Schnitker, Housing Supervisor Approved by: Tom Harmening, City Manager City Council Meeting of June 15, 2015 (Item No. 4g) Page 2 Title: Boy Scout Troop 282 Request for Temporary Signs in the Public Right-of-Way RESOLUTION NO. 15-____ RESOLUTION APPROVING THE BOY SCOUT TROOP #282 APPLICATION FOR THE PLACEMENT OF TEMPORARY SIGNS WITHIN THE PUBLIC RIGHT-OF-WAY WHEREAS, The Boy Scout Troop #282 made application for the placement of 10 temporary sandwich board type signs for six days beginning June 16, 2015; and WHEREAS, pursuant to Section 36-362(e)(2) of the St. Louis Park Zoning Ordinance, the City Council may approve the placement of temporary signs within the public right-of-way for a period not to exceed 10 days; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of St. Louis Park, Minnesota, that the City Council approves the Boy Scout Troop #282 application for the placement of 10 sandwich board type temporary signs within the public right-of-way beginning June 16, 2015, and to be removed immediately following the conclusion of the event on June 21, 2015. BE IT FURTHER RESOLVED that the size and placement of the 10 sandwich board are approved as shown on the attached sign plan (Exhibit A). Reviewed for Administration: Adopted by the City Council June 15, 2015 City Manager Mayor Attest: City Clerk City Council Meeting of June 15, 2015 (Item No. 4g) Page 3 Title: Boy Scout Troop 282 Request for Temporary Signs in the Public Right-of-Way Sign Plan Meeting: City Council Meeting Date: June 15, 2015 Consent Agenda Item: 4h EXECUTIVE SUMMARY TITLE: Amendment to the Equipment Replacement Capital Plan RECOMMENDED ACTION: Motion to approve the amendment to the Equipment Replacement Capital Plan. POLICY CONSIDERATION: Do the benefits justify the change to the original plan? SUMMARY: The Fire Department is proposing to accelerate the replacement of certain large vehicles ahead of the current replacement schedule in order to “right size” their large vehicle fleet to better meet the needs of the community. The change will improve alignment between the fleet and the staffing model, call mix, the capabilities of mutual aid partners and the exposures we protect. The proposed fleet creates a more nimble and flexible response capability, reduces the department’s vehicle footprint (by nearly 30 tons) improves fuel efficiency, and is friendlier to the environment. FINANCIAL OR BUDGET CONSIDERATION: The proposed changes will drive significant savings to both the capital plan ($800,000 estimated) and the operating plan ($500,000 estimated) over a 10 year period. Savings are driven by lower cost vehicles, reduced maintenance costs & higher trade in values by replacing vehicles over the next 2-3 years. As proposed in the attached plan, the most immediate change to our equipment replacement plan involves purchasing a new ladder truck. The current plan assumes the purchase of a new ladder truck in 2018 at a cost of $1.1 million. The proposed plan is to purchase a new ladder in the fall of 2015 for $775,000. Not only is the price less expensive at this point, the Fire department has located a buyer for the current ladder truck whose offer represents a significant increase over todays normal market value and a tenfold increase over the forecasted value of the truck should it be sold on the normal schedule. VISION CONSIDERATION: St. Louis Park is committed to being a leader in environmental stewardship. We will increase environmental consciousness and responsibility in all areas of city business. SUPPORTING DOCUMENTS: Discussion Fire Department Fleet Acceleration Detail (New CIP vs. Old CIP) Fire Department Equipment Replacement Fund Addendum Prepared by: Steve Koering, Fire Chief Approved by: Tom Harmening, City Manager City Council Meeting of June 15, 2015 (Item No. 4h) Page 2 Title: Amendment to the Equipment Replacement Capital Plan DISCUSSION BACKGROUND: Over the last 20 months since coming on board as the Chief, I have been evaluating the effectiveness and design of our response vehicles. Our call mix, along with changes in the community suggests that we should be considering a lighter, more versatile apparatus to meet the day to day demands. Upon hiring Deputy Chief Wolff, I tasked him with doing an analysis of our fleet, including cost of operation, replacement costs, alternative designs and trade in values. These documents show the results of that analysis. Objectives: 1. Consider response capabilities and all mutual aid partners 2. Use lighter more maneuverable vehicles which reduce the footprint 3. Maintain ISO rating 4. Maximize trade in values and reduce maintenance cost 5. Reduce the impact of Fire Department needs on the overall CIP Current Trends Looking at data over the last 10 years, the trend continues to show an increase in overall call volume of 26%, with 24% of that increase happening in the last four years. We are currently on pace for an 11% increase over last year. EMS calls represent 72% of the calls and account for our greatest category of increase. What this means is that the vehicles we use need to be more appropriate for this type of call, while still offering the capacity to meet the needs of the other 30%. Attachment #1 details the vehicles that were planned for the department in the old CIP compared to the vehicles that we propose for our current model. You will notice a difference in cost and vehicle type which is relative to the changes needed. The engines are shorter and lighter, along with our rescue vehicles moving to an SUV. Attachment #1 also shows the addition of one smaller vehicle, an ATV, for brush and wild land, which will support response in the areas where we have an interface with residential and nature, and difficult access areas such as where rails go through town. We intend to convert a Utility Vehicle to a Ramp Vehicle, which gives us the capability of attacking fires in parking ramps where time is of the essence. As more ramps become part of the landscape, including those for park and ride areas and commercial business, we can expect a greater likelihood of these fires occurring. Financial Impacts Attachment #2 is designed to answer the WHY question. Slide 1 provides the analysis of the impacts on cash flow and how the plan actually provides lower exposure to the city in the CIP over the longer period. Slide 2 outlines the comprehensive analysis of trade in values, maintenance costs and normal inflationary impacts on vehicle costs to support the idea of why it serves us to consider this now as opposed to later. All of our discussions with Finance suggest there a number of options available to support the acceleration and the approximate $1.29 M of savings to the CIP and operating budgets over the next 10 years. Environmental Impacts While these vehicles are still fossil fueled, it is important to note that the entire fleet is being downsized by over thirty tons or sixty thousand pounds. This equates to lower fuel consumption, and less wear and tear on city streets. This should also translate into lower maintenance costs because of the reduced weight. By taking advantage of the latest emission technology, we are improving the impacts of the carbon footprint throughout the city. City Council Meeting of June 15, 2015 (Item No. 4h) Page 3 Title: Amendment to the Equipment Replacement Capital Plan NEXT STEPS: 1. It is our recommendation to approve the amendment to the CIP as outlined 2. Move forward upon approval with the acquisition of the replacement ladder truck and subsequent trade opportunity. New Vehicle Plan 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Ladder 1 775,000$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Engine 2 -$ -$ 369,360$ -$ -$ -$ -$ -$ -$ -$ -$ Engine 4 -$ 360,000$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Rescue 2 -$ 72,500$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Rescue 1 -$ -$ 74,313$ -$ -$ -$ -$ -$ -$ -$ -$ Brush/Ramp 1 (U1)-$ 100,000$ -$ -$ -$ -$ -$ -$ -$ -$ -$ ATV 1 -$ -$ 35,000$ -$ -$ -$ -$ -$ -$ -$ -$ Tech Rescue Trailer -$ 25,000$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Zodiak 1 -$ 12,500$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Utility 2 -$ -$ -$ 70,000$ -$ -$ -$ -$ -$ -$ -$ Squad 1 -$ -$ -$ -$ 50,100$ -$ -$ -$ -$ -$ -$ Squad 2 -$ -$ -$ 46,500$ -$ -$ -$ -$ -$ -$ -$ Squad 3 -$ -$ -$ -$ 47,500$ -$ -$ -$ -$ -$ -$ Squad 4 -$ -$ -$ -$ 50,100$ -$ -$ -$ -$ -$ -$ Utility 3 -$ -$ -$ -$ -$ -$ -$ -$ 52,500$ -$ -$ LSU Trailer -$ -$ -$ -$ -$ -$ -$ -$ 13,000$ -$ -$ Engine 1 -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total 775,000$ 570,000$ 478,673$ 116,500$ 147,700$ -$ -$ -$ 65,500$ -$ -$ 2,153,373$ Old Vehicle Plan 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Ladder 1 -$ -$ -$ 1,092,500$ -$ -$ -$ -$ -$ -$ -$ Engine 2 -$ -$ -$ -$ -$ -$ -$ -$ 536,674$ -$ -$ Engine 4 -$ -$ 462,365$ -$ -$ -$ -$ -$ -$ -$ -$ Rescue 1 -$ -$ -$ -$ -$ -$ -$ -$ 232,029$ -$ -$ Rescue 2 -$ -$ -$ -$ -$ -$ -$ 226,675$ -$ -$ -$ Brush/Ramp 1 (U1)-$ 68,517$ -$ -$ -$ -$ -$ -$ -$ -$ -$ ATV 1 -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Tech Rescue -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Zodiak 1 -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Utility 2 -$ -$ -$ 70,000$ -$ -$ -$ -$ -$ -$ -$ Squad 1 -$ -$ -$ -$ 50,100$ -$ -$ -$ -$ -$ -$ Squad 2 -$ -$ -$ 46,500$ -$ -$ -$ -$ -$ -$ -$ Squad 3 -$ -$ -$ -$ 47,500$ -$ -$ -$ -$ -$ -$ Squad 4 -$ -$ -$ -$ 50,100$ -$ -$ -$ -$ -$ -$ Utility 3 -$ -$ -$ -$ -$ -$ -$ -$ 52,500$ -$ -$ LSU -$ -$ -$ -$ -$ -$ -$ -$ 13,000$ -$ -$ Engine 1 -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total -$ 68,517$ 462,365$ 1,209,000$ 147,700$ -$ -$ 226,675$ 834,203$ -$ -$ 2,948,460$ Difference 795,087$ City Council Meeting of June 15, 2015 (Item No. 4h) Title: Amendment to the Equipment Replacement Capital Plan Page 4 Legend New CIP* Old CIP 2015 $ 775,000 $ - 2016 $ 570,000 $ 68,517 2017 $ 478,673 $ 462,365 2018 $ 116,500 $ 1,209,000 2019 $ 147,700 $ 147,700 2020 $ - $ - 2021 $ - $ - 2022 $ - $ 226,675 2023 $ 65,500 $ 834,203 2024 $ - $ - 2025 $ - $ - Total $ 2,153,373 $ 2,948,460 Difference $ 795,087 *New CIP savings are driven by “Right Sizing” the fleet and lower inflation from accelerated purchases. $- $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 CIP Cash Flow Impact New CIP Old CIP City Council Meeting of June 15, 2015 (Item No. 4h) Title: Amendment to the Equipment Replacement Capital Plan Page 5 Impact of Trade In and Maintenance Savings on CIP NEW CIP PROGRAM New CIP Old CIP Year Trade In * Maint Savings New CIP Year Maintenance Costs/Year Ladder 18 $ 100,000 $ 52,698 15 $ 17,566 Engine 4 17 $ 25,000 $ 16,190 16 $ 16,190 Engine 2 23 $ 35,000 $ 73,344 17 $ 12,224 Rescue 1 23 $ 125,000 $ 12,138 17 $ 2,023 Rescue 2 22 $ 105,000 $ 41,886 16 $ 6,981 Potential Savings $ 390,000 $ 196,256 $ 586,256 OLD CIP PROGRAM New CIP Old CIP Year Trade In * Maint Savings Old CIP Year Maintenance Costs/Year Ladder 18 $ 15,000 $ - 18 $ 17,566 Engine 2 17 $ 17,500 $ - 17 $ 16,190 Engine 4 23 $ 18,000 $ - 23 $ 12,224 Rescue 2 23 $ 20,000 $ - 23 $ 2,023 Rescue 1 22 $ 21,000 $ - 22 $ 6,981 Potential Savings $ 91,500 $ - $ 91,500 Difference $ (298,500) $ (196,256) $ (494,756) *Trade In values are estimated. City Council Meeting of June 15, 2015 (Item No. 4h) Title: Amendment to the Equipment Replacement Capital Plan Page 6 Why Accelerate? • Alignment with “One Big Thing ” • “Right Sizing ” • Maintains ISO Rating • Lower Purchase Cost • Higher Trade In Values • Lower Maintenance Costs • Save $1.29M City Council Meeting of June 15, 2015 (Item No. 4h) Title: Amendment to the Equipment Replacement Capital Plan Page 7 Benefits • Better alignment with: – Staffing model – Call mix – Regional capabilities • Maintains ISO Rating for: – Non-sprinkled commercial buildings and – Residents • “Right Sizing ”: – Creates a more nimble & flexible fleet, – Reduces footprint by 30 tons, – Enhances fuel efficiency and is more friendly to the environment. City Council Meeting of June 15, 2015 (Item No. 4h) Title: Amendment to the Equipment Replacement Capital Plan Page 8 Meeting: City Council Meeting Date: June 15, 2015 Consent Agenda Item: 4i OFFICIAL MINUTES OF JULY 24, 2014 BOARD OF ZONING APPEALS CITY OF ST. LOUIS PARK The St. Louis Park Board of Zoning Appeals conducted a meeting on July 24, 2014, at St. Louis Park City Hall, 5005 Minnetonka Boulevard, St. Louis Park, Minnesota – Council Chambers. Members Present: Susan Bloyer, Justin Kaufman, James Gainsley Henry Solmer Members Absent: Paul Roberts Staff Present: Gary Morrison, Assistant Zoning Administrator Emily Goellner, Community Development Intern Nancy Sells, Administrative Secretary 1. CALL TO ORDER – ROLL CALL Chair Gainsley called the meeting to order at 6:00 p.m. 2. APPROVAL OF MINUTES OF MAY 27, 2014 Chair Gainsley made a motion to approve the minutes of May 27, 2014. The motion passed on a vote of 3-0. (Commissioner Kaufman arrived at 6:01 p.m.) 3. CONSENT AGENDA: None 4. PUBLIC HEARINGS A. Variance: Side yard setback for construction of single-family home Location: 3911 W. 31st St. Applicant: Joe Meyer Homes Case No. 14-14-VAR Emily Goellner, Community Development Intern, presented the staff report. She stated that the applicant is requesting a variance from side yard setback requirements to allow the construction of a single family home with a 7 foot setback on each side yard. A variance of 5 feet is requested from the required 12 feet setback requirement on the west side of the proposed home to allow for a total setback of 7 feet. On the east side of the home, a variance of 8 feet is requested from the required 15 feet setback requirement to allow a total setback of 7 feet. Ms. Goellner explained that the lot is smaller than most lots in the R-4 District, which makes building to the required side yard setbacks more challenging. City Council Meeting of June 15, 2015 (Item No. 4i) Page 2 Title: Board of Zoning Appeals Meeting Minutes of July 24, 2014 Ms. Goellner reviewed the required criterion for a variance. She said staff finds the proposed application does meet the criterion required for granting a variance because it is within reasonable distance from the surrounding properties and the proposed home fits the character of the neighborhood. Staff recommends adoption of a resolution granting the requested variance of 5 feet and 8 feet to allow the construction of the proposed single-family home. Ms. Goellner stated the conditions and read the appeal process. Commissioner Bloyer asked how much of the neighborhood is zoned R-4 Multiple Family Residential. She asked if future plans for the neighborhood include demolition of single family homes. Ms. Goellner responded that there are no current plans to demolish homes on the block for multiple family residential. The R-4 District extends to Cedar Lake trail to the south and to County Rd. 25 to the north. Commissioner Solmer asked if the city permits the garage door to be at the front of the house closest to the street. Ms. Goellner replied that the zoning ordinance does not prohibit that kind of design. She added that in this application the garage does not cause the need for the side yard setback variance. The Chair opened the public hearing. Joe Meyer, Joe Meyer Homes, the general contractor, said he was available for any questions. Commissioner Solmer said he noticed that the driveways of the adjacent properties are located at the edge of the property which helps them meet the setback requirement. He asked if that had been considered for this construction. Mr. Meyer stated that the steep grade would make that very difficult. Commissioner Solmer said he noticed there is currently a fabric covered temporary garage on the property. Mr. Meyer said that will be removed. As no one else was present wishing to speak Chair Gainsley closed the public hearing. Commissioner Bloyer said she had no issues with the request. Commissioner Solmer asked where the city is going long term with the single family properties on the block. Gary Morrison, Assistant Zoning Administrator, stated that the single family homes are permitted uses in the R-4 District so are legally conforming to code. City Council Meeting of June 15, 2015 (Item No. 4i) Page 3 Title: Board of Zoning Appeals Meeting Minutes of July 24, 2014 Commissioner Solmer said part of his concern is that the proposed house is going to be of a different character because it will be garage front design. Chair Gainsley made a motion to adopt Resolution No. 04-14 approving a 5 foot variance to the required 12 foot side yard and an 8 foot variance to the required 15 foot side yard for the construction of a single family home. The motion passed on a vote of 4-0. B. Appeal of a Zoning Determination Location: 2211 Florida Ave. S. Applicant: Marty Bell, Marty Bell Properties, LLC Case No.: 14-18-AP Gary Morrison, Assistant Zoning Administrator, presented the staff report. He stated that the appellant is appealing staff’s determination that the Outdoor Storage conducted by Tim’s Tree Service at 2211 Florida Ave. S. is a principal land use. Mr. Morrison pointed out that in the staff report Marty Bell and Tim’s Tree Service were named as appellant in the staff report. He noted that since the report went out Tim’s Tree Service has asked not to be named as an appellant of the appeal. Mr. Morrison provided a definition of Outdoor Storage from the zoning ordinance. He provided background on the 2211 Florida and 2220 Florida properties. He presented photographs of equipment and materials being stored on the properties. Mr. Morrison discussed the structure of zoning districts. He spoke about the conditions of outdoor storage as an accessory use in the code. He discussed the definitions in the City Code for principal use and accessory use. Mr. Morrison noted that the appellant did send a response to the staff report by email on July 22, 2014. That response was emailed to the board on July 22nd for review. Mr. Morrison discussed his responses to that document. Commissioner Bloyer asked if the city has a definition of land or same land. Mr. Morrison responded that it is not defined in the code. Commissioner Kaufman asked if Tim’s Tree Service is a licensed business in St. Louis Park. Mr. Morrison answered that the business doesn’t have a Registration of Land Use for the outdoor storage. The City doesn’t license all of its businesses. Commissioner Kaufman asked what the business address is for Tim’s Tree Service. Mr. Morrison said 2220 Florida is listed as the business address for Tim’s Tree Service on Google. He added that the website for Tim’s Tree Service does not include a business address. City Council Meeting of June 15, 2015 (Item No. 4i) Page 4 Title: Board of Zoning Appeals Meeting Minutes of July 24, 2014 Commissioner Solmer said nothing has been presented that indicates there was any requirement that additional parking spaces be provided. Mr. Morrison responded there is no documentation indicating that was the expectation. He said the code would allow it but there is nothing in the files indicating that. At that time there would have to be a Letter of Understanding. Currently that would be allowed by Conditional Use Permit. Chair Gainsley opened the public hearing. Marvin Liszt, attorney, Bernick Lifson, asked staff for a set of construction plans which were submitted at an earlier time. Chair Gainsley asked what the plans were for. Mr. Morrison said that the point of the plans was to show that an addition was constructed to the building. One of the plan sheets shows a building and a parking lot across the street. He continued by saying the problem with those plans is that the addition shown on those plans was never constructed. Chair Gainsley remarked that the plans were not relevant. Mr. Liszt responded that the plans were very relevant. A brief recess was held while staff obtained the plans. Mr. Liszt said he wanted the board to see the plans because Mr. Bell bought the property in Dec. 1986, did some work to the building and occupied it a few months later. Some of the work on the plans was done at that time and some of the work was not done. Mr. Liszt said the point of showing the plans is that for as long as Mr. Bell has owned 2220 Florida, the 2211 and 2221 Florida properties have supplied the required parking necessary. 2211 and 2221 Florida are a part of that plan and the property. It has always been required as necessary parking for the 2220 building. Mr. Liszt said that Mr. Bell has always considered it one in the same because he needs that parking. It has always been shown that way. Mr. Liszt went on to say that the use of the parking area by Tim’s Tree Service is in line with other uses in that area. Marcy’s has a large outdoor storage facility, buses are parked in various lots in the area, Swanson Youngdale’s facility is across from Mr. Bell’s property, with all sorts of equipment. He said the area has various types of office/warehouse and storage. He stated that Mr. Bell has owned the property for about 28 years. When he bought the property, and as it exists today, the code allowed that the parking lot at 2211 Florida and 2221 are necessary to meet the code requirements for parking. Mr. Bell considers it all one use and all one entity because they are required for each other. Mr. Liszt said technically under the code it is not outdoor storage. Outdoor storage means the receiving, keeping and shipping of goods and materials outside of an enclosed City Council Meeting of June 15, 2015 (Item No. 4i) Page 5 Title: Board of Zoning Appeals Meeting Minutes of July 24, 2014 building. He said the materials on Mr. Bell’s property are not kept there for more than a very short time period, in most cases less than a day. They are used in and out within Tim’s Tree Service business. Mr. Liszt said outdoor storage is prohibited as a principal use in the IP District as indicated in the staff report and as the code sets forth. He said the use is not outdoor storage so that doesn’t apply. If it is not outdoor storage it is an accessory use which is permitted. He read the definition of accessory use from the code as a use or structure subordinate to the principal use or structure on the same land. Mr. Liszt added that it does not say the same lot. He stated that land is a broader term. Accessory use does not use the term lot or parcel, it uses the term land. He stated that 2220, 2211 and 2221 are the same land. It has been treated that way by Mr. Bell and by the City for the last 20 years. He said it is necessary and it is legally required. Land is not defined in the code. He said if it is the same land, which he believes it is, then Tim’s Tree Service as outdoor storage is an accessory use which is permitted under the code. Mr. Liszt said that is the argument, and that is why he believes Tim’s Tree Service can legally operate there. Mr. Liszt said Tim’s Tree Service does rent office space within the building. If outdoor storage is conducted on 2211 Florida Ave. Mr. Liszt said he does believe it is plain and simple an accessory use to that building across the street. He added that the only difference between what is going on with Tim’s Tree Service and the building and every other outdoor storage within a block or two is that the city contends it is done on a different parcel or lot. Mr. Liszt said he thinks that is a distinction without any difference. He went on to say he doesn’t think it is a legitimate distinction when the parking lots are required for 2220. Mr. Liszt said his other argument is that a parking lot can also be a principal land use under the code in this district. In that case, if this is outdoor storage that can be an accessory use to the principal land use which is a parking lot. Martin Bell stated he has owned the property for about 28 years. He provided background on the property. He spoke about the plans that were submitted to the city for the addition. Plans were submitted for warehouse and office space and to include the parking across the street. He felt it was always considered the same land use, which was bisected by the street. There is no parking in front of the building and there are restrictions after 4 p.m. He said he refurbished the office for Tim’s Tree Service. He concluded by saying he hopes the board will allow Tim’s Tree Service to continue tenancy. Commissioner Solmer said he found Mr. Liszt’s discussion on what constitutes land to be very interesting. He said he would leave his comments at that. Commissioner Kaufman said the argument about land sounds logical. He asked if the applicant can provide any more clarity on that issue. Mr. Liszt said there are other places in the code in the IP District that use the terms lot and parcel. The courts presume that when a statute, ordinance, regulation or rule is drafted it means what it says, someone did it for a reason. He said in the case of accessory City Council Meeting of June 15, 2015 (Item No. 4i) Page 6 Title: Board of Zoning Appeals Meeting Minutes of July 24, 2014 use the term land was used when other parts of the IP District do use the words lot or parcel. Mr. Liszt said he has to assume by law that the use of land is a broader term. Mr. Morrison stated that the ordinance defines lot and parcel and they refer to each other. Lot is defined and parcel refers to the definition of lot. Land is not defined. He said in looking at the definition of accessory use, “a use subordinate to the principal use on the same land,” he does not follow the logic of how that can extend to another parcel of land that is under common ownership whether it is across the street, next door, next block, or somewhere else in St. Louis Park. Common ownership of the land can’t infer rights of an accessory use to another piece of land. Mr. Liszt replied that is what it says, it doesn’t say lot or parcel it says land. It’s under common ownership and there is a street in-between it. He commented that for the city to say that when they require by code that 2220 Florida is a legal building for parking purposes, it naturally follows that it is all part of the same land. Commissioner Solmer asked if the required parking is contemplated to be for private passenger vehicles. Mr. Morrison responded that the principal use is occurring at 2220. There is a provision in the code that allows the required parking, and only the required parking, to take place on a separate parcel. Commissioner Solmer commented that it isn’t contemplated that the required parking would include overnight storage, weekend/holiday storage, commercial trucks, bobcats, and dumpsters. Mr. Morrison said Commissioner Solmer was correct. He said the code is very clear that only the required parking can take place on this other lot. Commissioner Kaufman asked if there was any requirement that storage has to be on the back lot. Mr. Morrison said as an accessory use in the IP District it is required to be in the rear yard only. As no one else was present wishing to speak the Chair closed the public hearing. Commissioner Bloyer said she was not persuaded by the argument regarding the land for required parking because there are often contract relationships with other landowners for the parking that is required. That does not become the same land as the original business. She said generally when something is not defined it goes into the plain language of how it is ordinarily used. How it is ordinarily used would not include land across the street. Commissioner Bloyer said she was also concerned about the implication of a lessor and lessee and changing the use of a property. She concluded by saying she does not see this as one property. Because of that any other argument doesn’t work. City Council Meeting of June 15, 2015 (Item No. 4i) Page 7 Title: Board of Zoning Appeals Meeting Minutes of July 24, 2014 Commissioner Kaufman said land versus parcel seems to be an interesting argument. He said the definition of accessory use also includes “and customarily incidental thereto.” He said in the context of an industrial park and what would be customarily incidental to the type of work that is being done, he questions this. He added that looking at the photographs it does also appear as though there are two other lots that are used for storage that abut the property. Mr. Morrison responded that there is outside storage occurring on other properties. That outside storage is accessory to the office use or manufacturing use, which is permitted in the IP District. The Chair reopened the public hearing. Mr. Liszt stated every building along Edgewood has outdoor storage that abuts Mr. Bell’s property. He said however Tim’s Tree Service use of that property is categorized, it is a similar type of use that goes on within 20 ft. away. It is not necessarily a legal argument but it is a practical argument. Mr. Bell said in the use of that property in the past his own business had at least 7 trucks parked on the property overnight on the weekends, plus semi-trailers and containers bringing product in from overseas. They were always parked in that area, every weekend and every night. He said he sees no difference between that and Tim’s Tree Service truck parking. He said his employees would come in, park their cars on the lot and take the trucks away. The same action that Tim’s Tree Service is doing. Mr. Bell stated that went on for the 20 years his business occupied warehouses and offices on that property. The Chair reclosed the public hearing. Chair Gainsley asked staff if there were any further remarks. Mr. Morrison said when Volkswagen stored vehicles on the site they received notice that was not allowed. They tried but ultimately the City removed the vehicles. Regarding the practical matter of the outside storage, Mr. Morrison said the intent of the IP District is to provide an industrial setting where the primary use is inside the building. It is a jobs oriented district. He said an example is an industrial building at the end of Edgewood. Built 6-7 years ago, it is a multi-tenant industrial building, lots of jobs, warehouse, manufacturing, some office, and no outside storage. That is the intent of the Industrial Park District. Mr. Morrison said that a lot where the principal use is outside storage is not the direction this district is supposed to be going. He spoke about ratios between accessory and principal uses that may make some of the other nearby businesses legally non-conforming. Commissioner Kaufman asked about remediation to make the current use conforming. Mr. Morrison replied that could only occur through a code change. Commissioner Solmer remarked that the applicant could find space for the intended use in other parts of the city. City Council Meeting of June 15, 2015 (Item No. 4i) Page 8 Title: Board of Zoning Appeals Meeting Minutes of July 24, 2014 Commissioner Bloyer made a motion to adopt Resolution No. 05-14 denying the appeal. Commissioners Kaufman and Gainsley discussed whether or not a request for a variance would be an option. Commissioner Bloyer commented that technical merits of the appeal have not been presented, making the request for appeal impossible to consider. The motion to adopt Resolution No. 05-14 denying the appeal was approved by a vote of 4-0. Mr. Morrison read the process for appeal to the City Council. 5. UNFINISHED BUSINESS 6. NEW BUSINESS: None 7. COMMUNICATIONS 8. ADJOURN The meeting was adjourned at 7:25 p.m. Respectfully submitted, Nancy Sells Administrative Secretary Meeting: City Council Meeting Date: June 1, 2015 Consent Agenda Item: 4j OFFICIAL MINUTES PLANNING COMMISSION ST. LOUIS PARK, MINNESOTA May 20, 2015 – 6:20 p.m. COUNCIL CHAMBERS MEMBERS PRESENT: Robert Kramer, Lisa Peilen, Richard Person, Carl Robertson, Ethan Rickert (youth member) MEMBERS ABSENT: Lynne Carper, Claudia Johnston-Madison, Joe Tatalovich STAFF PRESENT: Alex Boyce, Ryan Kelley, Gary Morrison, Sean Walther, Nancy Sells 1. Call to Order – Roll Call 2. Approval of Minutes of May 6, 2015 Commissioner Robertson moved approval of the minutes of May 6, 2015. Commissioner Kramer seconded the motion, and the motion passed on a vote of 4-0. 3. Public Hearings A. Conditional Use Permit for Off-Site Parking Location: 7400 and 7500 Excelsior Boulevard Applicant: Japs-Olson Company Case No.: 15-08-CUP Gary Morrison, Assistant Zoning Administrator, presented the staff report. He explained that the Conditional Use Permit is requested to construct an off-site parking lot, reduce the amount of required parking, and export more than 400 cubic yards of soil. He discussed the proposed expansion of the building which would require the relocation of the parking lot. Mr. Morrison reviewed all conditions related to the Conditional Use Permit request. Commissioner Rickert asked about the duration of the proposed excavation. Bruce Quam, D.J. Crans Co., project general contractor, responded that the excavation process, including rough grading, will take about one month. Chair Person opened the public hearing. As no one was present wishing to speak he closed the public hearing. Commissioner Robertson stated it is a straightforward and exciting project. He asked that before the City Council review the accessible access parking aisles be drawn at 8 ft. wide (Minn. Code) rather than 5 ft., and final parking numbers be adjusted. City Council Meeting of June 15, 2015 (Item No. 4j) Page 2 Title: Planning Commission Meeting Minutes of May 20, 2015 Commissioner Peilen said she agreed that it is exciting to see Japs Olson expand. She noted they have been in St. Louis Park a long time and it is a good project. Commissioner Robertson made a motion to recommend approval of the Conditional Use Permit subject to conditions recommended by staff. Commissioner Kramer seconded the motion, and the motion passed on a vote of 4-0. B. Conditional Use Permit for Excavation and Fill Location: 5320 West 23rd Street Applicant: COB, LLC/Hillcrest Development Case No.: 15-16-CUP Alex Boyce, Community Development Intern, presented the staff report. He stated the property is part of the former Nestle site which is currently undergoing a major renovation. He explained that the excavation and fill is required for the expansion of the existing facility for Lyman Lumber. Stormwater ponds, a ring-road, and parking will also be created. Mr. Boyce noted that City Council has heard a request for a vacation of easements on the site. Second reading of the vacation request will be held on June 1. Mr. Boyce discussed erosion control, stormwater, floodplain and hauling details. He reviewed the conditions of approval. Commissioner Peilen asked for clarification about a 24th St. exit to 394 for hauling activities. Sean Walther, Senior Planner, said it is essentially Hwy. 100 southbound collector distributor roadway alongside the freeway. Charlie Nestor, Hillcrest Development, said the renovation is going well. Great feedback has been received from many tenants. Chair Person opened the public hearing. As no one was present wishing to speak he closed the public hearing. Commissioners Kramer and Robertson commented they were pleased to see development at the site. Commissioner Peilen made a motion recommending approval of the request for conditional use permit. Commissioner Robertson seconded the motion, and the motion passed on a vote of 4-0. 4. Other Business Chair Person welcomed Ethan Rickert, Youth Member, to the Planning Commission. Commissioner Rickert stated he is a freshman at St. Louis Park High School. 5. Communications City Council Meeting of June 15, 2015 (Item No. 4j) Page 3 Title: Planning Commission Meeting Minutes of May 20, 2015 6. Adjournment The meeting was adjourned at 6:45 p.m. A Study Session followed at 6:50 p.m. Study topics were the Bridgewater Development concept plan and a proposed sign code amendment. Respectfully submitted, Nancy Sells Administrative Secretary Meeting: City Council Meeting Date: June 15, 2015 Consent Agenda Item: 4k MINUTES ENVIRONMENT AND SUSTAINABILITY COMMISSION: SUSTAINABLE SLP ST. LOUIS PARK, MINNESOTA May 6, 2015 Community Room, City Hall MEMBERS PRESENT: Terry Gips, Rachel Harris, Paul Zeigle, Ryan Griffin, Karen Laumb Judy Voigt, Chris Anderson, Nancy Rose, and Jayne Stevenson EXCUSED ABSENCE: Alex Sundvall, Mark Eilers, Cindy Larson O’Neil and Renee McGarvey STAFF PRESENT: Phillip Elkin 1. The meeting was called to order at 6:38 p.m. 2. Roll Call was taken 3. The minutes of the April 7, 2015 meeting were approved unanimously. 4. Unfinished Business a. Study Session Follow-up An informal discussion was held asking each of the commissioners their impression and takeaways from the City Council Study Session. Overall the commissioners felt that it was a positive experience and enjoyed the interaction with the Council. Commissioner Voigt asked the rest of the group about Councilmember Mavity’s comment on the ESC becoming engaged in the community. A brief discussion followed on how the ESC could reach out and connect with more residents and businesses on sustainability issues. Health in the Park and efforts in the Light Rail discussion were cited as examples of successful community engagement. Some ideas mentioned included; attending neighborhood meetings; connecting with neighborhood groups; and using the Education Outreach and Action workgroup as a focal point. b. Partners in Energy Commissioner Griffin gave a report on the activities of the Energy workgroup, specifically the partnership with Xcel Energy in their Partners in Energy (PIE) program. The workgroup is looking for representatives to sit on the project team to develop an energy use evaluation of the City. Commissioner Griffin’s “Big Ask” was to have each commissioner forward to the energy workgroup the names of potential volunteers for this project. c. Organic Living Festival/Earth Day 3 commissioners attended the City of St. Louis Park’s Organic Living workshop on Saturday April 18 at the Rec Center. The ESC was listed as a sponsoring organization. One of the successes of the workshop was that twelve residents signed up to volunteer on ESC workgroups. Commissioner Voigt also made a connection with a representative of the organics compost site which receives the City Council Meeting of June 15, 2015 (Item No. 4k) Page 2 Title: Environment and Sustainability Commission: Sustainable SLP Meeting Minutes of May 6, 2015 organic waste from the City of St. Louis Park. Commissioner Voigt recommended a tour of the facility as a potential ESC activity. Three of the Organic Living sessions were videotaped and available for viewing on the City’s website. The commissioners who attended recommended that the ESC get more involved next year by increasing advertising exposure; including kids activities; and possibly setting up a plant sale as part of the event. 5. New Business a. Work Group Reports Communications No new actions. The work group needs to reconvene and pick up the communication plan prepared by City’s Communications Staff. Water Land and Wildlife The work group will be participating in the upcoming Arbor Day event at the Bass Lake Preserve on Saturday May 9. Commissioner Voigt also reported that the work group recruited three more members at the Organics Workshop and will be holding the May meeting at the Municipal Service Center so that they can incorporate a walk along the new Minnehaha Creek trail as part of their meeting. The group has also been working to find more information on where the City purchases trees, specifically finding the source supplier to ensure that the trees are free of neonicotinoides. Commissioner Gips suggested that the group work with Jim Vaughan and bring the issue to the full commission later in the year. Transportation The workgroup is currently brainstorming on ideas looking to Health in the Park and Connect the Park as models for future actions. Commissioner Eilers did some research on Car2Go, currently operating in St. Paul and Minneapolis, and began inquiring about having their business in St. Louis Park. Commissioner Gips noted that his was one of three car services operating the metro area and suggested using a locally based company. Energy The work group has been working on three separate subgroups; B3 energy assessment, Community Solar; and Partners in Energy. Education and Action Commissioner Gips announced that the work group was looking for new members. b. Organics/Recycling/Solid Waste work group Commissioner Gips introduced the idea of starting a new work group involved in organics and recycling. After commissioner Stevenson volunteered to be in the group, Commissioner Gips asked for two more volunteers. The issue will be discussed further at the next commission meeting, as Scott Merkley and Kala Fisher will be speaking to the ESC about the organics/recycling program at the City, as well as the proposed ban on plastic bags. Commissioner Voigt made a motion to form a organics work group. Commissioner Anderson seconded the motion, and it passed unanimously. City Council Meeting of June 15, 2015 (Item No. 4k) Page 3 Title: Environment and Sustainability Commission: Sustainable SLP Meeting Minutes of May 6, 2015 6. Communications Commissioner Gips requested that all work groups forward to him their meeting dates and times so that other commissioners and residents would be encouraged to attend. He also asked that the ESC meeting minutes be available earlier in the month, preferable within a week of the meeting so that corrections could be made while it was still fresh in the minds of the commissioners. Commissioner Zeigle also asked that minutes from individual work groups be available to share with the ESC. Upcoming Events a. Commissioner Harris shared that the Active Connections Group of Health in the Park would be meeting on May 27 at 5:15 in the Community Room at City Hall. She also added that June 7th would be the second annual Park the Street event from 12:00 noon - 4:00 pm. The event will be held on Texas Avenue between Minnetonka Boulevard and the regional bike trail . b. Commissioner Griffin announced that June 6 was also the date of the Tar Sands March in St. Paul. The event will start at noon on Shepard Street, and more information can be found on 350.org. c. Commissioner Gips asked the group to think about re-scheduling the July ESC meeting to avoid absences due to the Fourth of July holiday. Further discussion will be held at next month’s meeting. 7. The meeting was adjourned at 8:06. Meeting: City Council Meeting Date: June 15, 2015 Public Hearing Agenda Item: 6a EXECUTIVE SUMMARY TITLE: Team DHW, LLC, dba Blaze Pizza - On-Sale Wine and 3.2% Malt Liquor License RECOMMENDED ACTION: Mayor to close public hearing. Motion to approve application from Team DHW, LLC, dba Blaze Pizza, for an On-Sale Wine and 3.2% Malt Liquor License to be located at 8126 Highway 7, with the license term through March 1, 2016. POLICY CONSIDERATION: Does the Council wish to approve the liquor license for Team DHW, LLC? SUMMARY: The City received an application from Team DHW, LLC, dba Blaze Pizza, for an On-Sale Wine and 3.2% Malt Liquor license for a new restaurant to be located at 8126 Highway 7. The premises, located at the east end of Knollwood Mall, is 2,430 square feet in size, with an indoor seating capacity of 54 and outdoor patio seating for 8. Christopher Wolf and Donald Doan are the owners of the establishment, their operating partner, John Tyler, will serve as the manager. Team DHW, LLC plans to open the restaurant in July, 2015. The proposed location in the Knollwood area will be the first Blaze Pizza in Minnesota. The franchise has numerous locations across the United States. The Police Department conducted a full background investigation, and nothing was discovered during the course of the investigation that would warrant denial of the license. The application and police report are on file in the City Clerk’s office, should Council members wish to review the information. The required notice of the public hearing was published June 4, 2014. Should Council approve the liquor license, no actual license will be issued until all requirements have been met with the City Inspections Department, Hennepin County, and the State Alcohol and Gambling Enforcement Division. FINANCIAL OR BUDGET CONSIDERATION: Fees for this applicant include $500 for the police background investigation and $2,750 for the On-Sale Wine and 3.2% Malt Liquor annual license fee. Pursuant to City Code provisions, the license fee will be pro-rated for the remainder of the license term based on the actual date the restaurant opens. VISION CONSIDERATION: Not applicable. SUPPORTING DOCUMENTS: None Prepared by: Melissa Kennedy, City Clerk Reviewed by: Nancy Deno, HR Director/Deputy City Manager Approved by: Tom Harmening, City Manager Meeting: City Council Meeting Date: June 15, 2015 Action Agenda Item: 6b EXECUTIVE SUMMARY TITLE: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Manager, 5305 Parkdale Drive RECOMMENDED ACTION: The Mayor is asked to open the public hearing, accept testimony, and then close the public hearing. Motion to Adopt Resolution upholding the Board of Zoning Appeals (BOZA) decision to deny the appeal of St. Louis Park Properties. POLICY CONSIDERATION: Should the Council uphold the BOZA decision to deny the variance to allow 0.7 Floor Area Ratio (FAR) instead of the 0.5 FAR allowed by city code? SUMMARY: St. Louis Park Properties recently purchased the industrial property at 5305 Parkdale Drive with the intent of converting it into a self-storage building. A building permit for the conversion was issued on April 17, 2015. A second building permit was submitted on April 28 to add a second floor inside the building to create additional self-storage units for rental. This permit brings the FAR up to 0.5. There is additional space within the building that could accommodate more second floor construction, however, a variance would be required to increase the FAR to 0.7. The BOZA conducted a public hearing, and was split 2-2 on the application, therefore, the application is denied since BOZA was unable to successfully pass a motion to approve it. The appellant can appeal within 10 days of the BOZA decision. An appeal was submitted to the City on May 29, 2015, one day after the decision. FINANCIAL OR BUDGET CONSIDERATION: Not applicable. VISION CONSIDERATION: Not applicable. SUPPORTING DOCUMENTS: Discussion Draft Resolution Letter of Appeal to City Council w/ enclosures (May 29, 2015) 1. Letter Requesting Variance (April 28, 2015) 2. Development Plans BOZA Resolution Denying Appeal BOZA Staff Report w/ attachments (May 28, 2015) BOZA Minutes (unofficial) – (May 28, 2015) Exhibits Submitted to BOZA at Public Hearing Prepared by: Gary Morrison, Assistant Zoning Administrator Reviewed by: Soren Mattick, City Attorney Approved by: Tom Harmening, City Manager City Council Meeting of June 15, 2015 (Item No. 6b) Page 2 Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Manager, 5305 Parkdale Drive DISCUSSION The building was constructed in 1960 and the property has been zoned Industrial since. Zoning Regulation: Section 36-243(g)(2) of the City Code states “The floor area ratio within the I-P district shall not exceed 0.5.” Section 366-4 of the City Code defines: Floor area as “…the sum of the gross horizontal areas of the several floors of a building including interior balconies, mezzanines, basements, attics, penthouses, and attached accessory buildings. Measurements shall be made from the inside of exterior walls and to the center of interior walls. For the purposes of determining off-street parking requirements, inside off-street parking or loading space is excluded from floor area.” Floor area ratio as “the numerical value obtained by dividing the total floor area of buildings excluding the basement by the lot area on which the buildings are located.” Proposal – Second Floor Expansion: A building permit was issued on April 17, 2015 to renovate the building into an indoor, climate controlled self-storage facility, and that renovation is underway. The appellant submitted a second building permit to add a second floor inside the existing building to create additional self-storage units for rental. This permit is currently under review and may be issued at any time as long as the FAR is kept below 0.5. The Appellant, however, would like to expand the project proposed under this permit application by extending the second floor over the entire portion of the building that has sufficient floor-to- ceiling space for a second floor. The expansion would result in more floor area on the site available for rental than is otherwise allowed by the 0.5 FAR limitation established by City Code. The additional request would result in a FAR of 0.7, and would require the requested variance. The second floor expansion is contained entirely within the building, and would not result in a taller building, or any other improvement that would be visible from the exterior. Proposal – Exterior Improvements: In conjunction with the second floor expansion, the Appellant proposes to improve the building façade as depicted in the attached building elevations. The improvements would be made to both the north and south elevations. The existing building has a brick façade which is considered a Class 1 material under city code. City code requires each elevation to have at least 60% Class 1 materials. The proposed building improvements are presented as concept, and a percentage calculation has not been submitted. If approved, the Appellant would submit a building permit to alter the building façade, and staff at that time would confirm the Class 1 ratios. Exterior alterations to improve the façade would be allowed independent of this variance request. In addition to building façade improvements, the Appellant is proposing to replace some existing asphalt with rain garden and additional landscaping. A more detailed summary of the proposal is provided in the Appellant’s letter which is attached. Again, these site improvements would be allowed independent of the variance request. City Council Meeting of June 15, 2015 (Item No. 6b) Page 3 Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Manager, 5305 Parkdale Drive BOARD OF ZONING APPEALS ACTION: The BOZA consists of five residents appointed by the City Council. Their charge is to conduct public hearings and make decisions on variances and appeals of staff determinations. Their decisions are final unless an appeal is made to the City Council. The Appellants variance application was heard by the BOZA on May 28, 2015. A public hearing was conducted, and comments were received from the Appellant only. There were four members of the BOZA in attendance. A motion was made to deny the application, which failed on a 2-2 vote. A second motion was made to approve the application, which also failed on a 2-2 vote. The application was automatically denied because the BOZA was unable to pass a motion to approve. A copy of the unofficial minutes is attached. BOZA FINDINGS: The BOZA denial is based on consideration of the criteria outlined in Section 36-34(2) of the City Code, and as outlined below: 1. The effect of the proposed variance upon the health, safety and welfare of the community. 2. The request is in harmony with the general purposes and intent of the ordinance and, 3. The request is consistent with the comprehensive plan. 4. The applicant for the variance establishes that there are practical difficulties in complying with the zoning ordinance. “Practical difficulties,” as used in connection with the granting of a variance, means that: a. The property owner proposes to use the property for a land use permitted in the zoning district in which the land is located. A variance can be requested for dimensional items required in the zoning ordinance, including but not limited to setbacks and height limitations; b. The plight of the landowner is due to circumstances unique to the property not created by the landowner; and, c. The variance, if granted, will not alter the essential character of the locality. d. Economic considerations alone do not constitute practical difficulties. e. Practical difficulties include inadequate access to direct sunlight for solar energy systems. 5. There are circumstances unique to the property including the shape, topography, water conditions, or other physical conditions unique to the property; and, 6. The granting of the variance is necessary for the preservation and enjoyment of a substantial property right of the applicant; and, 7. The granting of the variance will not impair an adequate supply of light and air to the adjacent property, unreasonably increase the congestion in the public streets, increase the danger of fire, or endanger public safety; and, 8. The granting of the variance will not merely serve as a convenience to the applicant but is necessary to alleviate a practical difficulty. City Council Meeting of June 15, 2015 (Item No. 6b) Page 4 Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Manager, 5305 Parkdale Drive When considering the above standards, the BOZA reviewed the following: 1. The effect of the proposed variance upon the health, safety, and welfare of the community. The increased floor area would result in additional storage units the Appellant can rent, which gives the appellant a competitive advantage over other properties in the district that are complying with the law establishing a maximum 0.5 FAR. The construction will be contained within the existing building, and therefore, will not add additional height to the structure. A self-storage facility generates minimal traffic. 2. Whether or not the request is in harmony with the general purposes and intent of the Zoning Ordinance. Indoor storage is a permitted use in the Industrial Park district. However, the request isn’t about indoor storage. The request is to increase the FAR to 0.7 from the 0.5 maximum allowed by law in the Industrial Park district. This request is not in harmony with the intent of the zoning ordinance. All properties in the Industrial Park district are required to maintain a FAR not to exceed 0.5. The request to exceed this maximum would give the Appellant more rentable floor area than allowed at any other property in this district. The variance would result in a potential competitive advantage over other properties that comply with City Code. If the Appellant desires additional floor area, then the he could have requested a rezoning to the General Industrial zoning district which allows a FAR of 1.0. 3. Whether or not the request is consistent with the Comprehensive Plan. The request to allow more FAR than is otherwise allowed per the zoning ordinance is not addressed by the Comprehensive Plan. 4. Whether or not the applicant establishes that there are practical difficulties in complying with the Zoning Ordinance. Practical Difficulty means: a. The proposed use is permitted in the zoning district in which the land is located. A variance can be requested for dimensional items only. The storage facility is permitted in this zoning district. b. The plight of the landowner is due to circumstances unique to the property and not created by the landowner. As noted in item #4 above, the standard for granting the variance is to overcome a practical difficulty resulting from complying with the zoning ordinance. The Appellant has not demonstrated that a practical difficulty exist in complying with the ordinance. As noted in the Appellant’s letter dated April 28, 2015, the variance would simply allow him to fill what he calls “dead space” resulting from the high ceilings. The applicant has not demonstrated that exceeding the allowed FAR would alleviate a circumstance that is unique to this particular property. The variance is not required to mitigate a practical difficulty. City Council Meeting of June 15, 2015 (Item No. 6b) Page 5 Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Manager, 5305 Parkdale Drive c. The variance, if granted, will not alter the essential character of the locality. The additional floor area is contained entirely within the existing building, and is not noticeable from the exterior. d. Economic considerations alone do not constitute practical difficulties. The Appellant is in the process of renovating the building into a self-storage building that meets the 0.5 FAR maximum allowed by city code, therefore: 1. The variance is not necessary to assist the Appellant in overcoming a practical difficulty in complying with the maximum 0.5 FAR. 2. The variance is not necessary to assist the Appellant to reach the 0.5 FAR allowed by code and enjoyed by all other property owners in the Industrial Park zoning district. 3. A practical difficulty does not exist that is preventing the Appellant from having reasonable use of the property. 4. The only result of increasing the FAR to 0.7 is to increase the amount of rentable floor area, thereby increasing the income potential of the property. The appellant has not demonstrated that the variance is for anything other than economic considerations. e. Practical difficulties include inadequate access to direct sunlight for solar energy systems. Access to direct sunlight is not a factor in the request or the project. 5. Whether or not there are circumstances unique to the shape, topography, water conditions, or other physical conditions of the property. The Appellant is currently utilizing the property as a self-storage facility in a manner that meets the 0.5 FAR maximum. The self-storage facility is the use desired by the Appellant. The condition of the building is not unique to St. Louis Park. Below are 16 properties with buildings constructed around 1960 that have been added onto, yet they continue to be used in a manner that meets code. Zoning Address IG 7500 Excelsior Blvd IG 7400 Excelsior Blvd IG 8000 Powell Rd IG 3965 Meadowbrook Rd IG 3825 Edgewood Ave BP 7201 Lake St BP 3715 Oregon Ave C-2 5201 Excelsior Blvd IG 5005 State Highway 7 IP 7309 27th St IP 2220 Florida Ave IP 6701 23rd St IP 2212 Edgewood Ave IP 2219 Edgewood C-2 5525 Cedar Lake Rd IG 5320 23rd St City Council Meeting of June 15, 2015 (Item No. 6b) Page 6 Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Manager, 5305 Parkdale Drive There are no unique circumstances applying to this property that prevent the Appellant from achieving the maximum 0.5 FAR allowed by city code. There are no unique circumstances applying to this property that prevent the Appellant from enjoying a reasonable use of the property. There are no unique circumstance that would require the property to have more floor area than allowed by City Code or allowed for other properties in this district. 6. Whether or not the granting of the variance is necessary for the preservation and enjoyment of a substantial property right. The variance is not requested to achieve the same maximum FAR allowed by code which is enjoyed by all other properties in the Industrial Park zoning district. The variance is requested to have more use of the land than is otherwise enjoyed by all other properties located in the Industrial Park zoning district. The 0.5 maximum FAR does not prohibit reasonable use of the property. The building has had reasonable use since it was constructed, and the appellant is in the process of renovating it into a self-storage facility that meets the 0.5 FAR. The variance is not needed for the preservation and enjoyment of a substantial property right. 7. Whether or not the granting of the variance will impair light and air to the surrounding properties, unreasonably increase congestion, increase the danger of fire, or endanger public safety. If approved, the proposed variance would not impair light and air to the surrounding properties, or increase the congestion, danger of fire, or endanger public safety. 8. Whether or not the granting of the variance will merely serve as a convenience or is it necessary to alleviate a practical difficulty. A building permit has been granted to convert the building to a self-storage facility. The building permit demonstrates how he can use the building without the need of a variance to overcome any difficulties. A building permit was submitted to add additional floor space to bring the property up to the maximum 0.5 FAR allowed by city code. The building permit demonstrates how he can use the building without a variance to overcome any difficulties. The Appellant stated in his April 28, 2015 that the variance would allow him to fill “dead space” with additional storage units he could rent out. These additional rental storage units are a convenience, and are not necessary to alleviate a practical difficulty resulting from complying with the 0.5 FAR maximum. The only result of the variance is to increase the income potential of the property by increasing the amount of storage units he can rent out. City Council Meeting of June 15, 2015 (Item No. 6b) Page 7 Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Manager, 5305 Parkdale Drive APPEAL: The Appellant is appealing BOZA’s decision to deny the application for a variance to increase the maximum allowed FAR from 0.5 to 0.7 for property he owns at 5305 Parkdale Drive. A copy of the letter (dated May 29, 2015) requesting the appeal is attached. The Appellant states he applied for the variance because the existing configuration of the building creates circumstances in which complying with the city code is a practical difficulty due to the design constraints that would result from a partial mezzanine. City Council Meeting of June 15, 2015 (Item No. 6b) Page 8 Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Manager, 5305 Parkdale Drive DRAFT RESOLUTION NO. 15-____ RESOLUTION ADOPTING FINDINGS AND DECISION UPHOLDING THE BOARD OF ZONING APPEALS (BOZA) DENIAL OF APPEAL OF ST. LOUIS PARK PROPERTIES BE IT RESOLVED by the City Council of the City of St. Louis Park, Minnesota, that the following Findings and Decision are adopted upholding the Board of Zoning Appeals (BOZA) denial of the appeal of St. Louis Park Properties. PROCEDURAL BACKGROUND 1. On or about April 28, 2015, St. Louis Park Properties filed a written request for a variance related to the Floor Area Ration (“FAR”). Specifically, the applicant is requesting a .7 FAR where only a .5 FAR is allowed. 2. On May 28, 2015, the request came on for hearing before BOZA. 3. BOZA voted 2-2 to approve the variance, which means the variance request was denied. BOZA adopted Resolution 1-15. 4. St. Louis Park Properties appealed the decision to the City Council on May 29, 2015. 5. This matter came on for hearing before the City Council on June 15, 2015. 6. The record consists of the following: a. Council staff report – June 15, 2015 b. Draft resolution upholding the BOZA determination c. Letter of appeal to city council, dated May 29, 2015 with enclosures (i) Letter requesting variance, dated April 28, 2015 (ii) Development plans d. BOZA resolution denying appeal e. BOZA staff report with attachments – May 28, 2015 f. BOZA minutes (unofficial) – May 28, 2015 g. Exhibits submitted to BOZA at the public hearing. FINDINGS OF FACT 1. The property is located at 5403 Parkdale Drive, St. Louis Park, Minnesota (“Subject Property”). 2. The Subject Property is zoned Industrial Park (IP). 3. The applicant is seeking to add a second floor inside the building that would result in a .7 FAR where .5 FAR is allowed. City Council Meeting of June 15, 2015 (Item No. 6b) Page 9 Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Manager, 5305 Parkdale Drive 4. When reviewing a variance, the following criteria are examined: A. The effect of the proposed variance upon the health, safety, and welfare of the community. The construction will be contained within the existing building, and therefore, will not add additional height to the structure. A self-storage facility generates minimal traffic. B. Whether or not the request is in harmony with the general purposes and intent of the Zoning Ordinance. Indoor storage is a permitted use in the Industrial Park district. However, the request isn’t about indoor storage. The City Code was established to create a uniform set of performance standards for all properties located in this Zoning district. This request is not in harmony with the intent of the zoning ordinance. The request is to increase the FAR to 0.7 from the 0.5 maximum allowed by law in the Industrial Park district. All properties in the Industrial Park district are required to maintain a FAR not to exceed 0.5. The request to exceed this maximum would give the Applicant more rentable floor area than allowed at any other property in this district. The variance would result in a potential competitive advantage over other properties that comply with City Code. If the Applicant desires additional floor area, then the Applicant could have requested a rezoning to the General Industrial zoning district which allows a FAR of 1.0. C. Whether or not the request is consistent with the Comprehensive Plan. The request to allow more FAR than is otherwise allowed per the zoning ordinance is not addressed by the Comprehensive Plan. D. Whether or not the applicant establishes that there are practical difficulties in complying with the Zoning Ordinance. Practical Difficulty means: 1. The proposed use is permitted in the zoning district in which the land is located. A variance can be requested for dimensional items only. The storage facility is permitted in this zoning district. 2. The plight of the landowner is due to circumstances unique to the property and not created by the landowner. The Applicant has not demonstrated that there are any circumstances that are unique to the property. As noted in the Applicant’s letter dated April 28, 2015, the variance would simply allow him to fill what he calls “dead space” resulting from the high ceilings. The applicant has not demonstrated that exceeding the allowed FAR would alleviate a circumstance that is unique to this particular property. High ceilings and City Council Meeting of June 15, 2015 (Item No. 6b) Page 10 Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Manager, 5305 Parkdale Drive maximizing interior space does not constitute unique circumstances that justify exceeding the allowed FAR. 3. The variance, if granted, will not alter the essential character of the locality. The additional floor area is contained entirely within the existing building, and is not noticeable from the exterior. 4. Economic considerations alone do not constitute practical difficulties. The Applicant is in the process of renovating the building into a self- storage building that meets the 0.5 FAR maximum allowed by city code, therefore: 5. The variance is not necessary to assist the Applicant in overcoming a practical difficulty in complying with the maximum 0.5 FAR. 6. The variance is not necessary to assist the Applicant to reach the 0.5 FAR allowed by code and enjoyed by all other property owners in the Industrial Park zoning district. 7. The Applicant has a reasonable use of the property without increasing the FAR beyond the limits as stated in the ordinance. 8. The only result of increasing the FAR to 0.7 is to increase the amount of rentable floor area, thereby increasing the income potential of the property. The applicant has not demonstrated that the variance is for anything other than economic considerations. 5. Practical difficulties include inadequate access to direct sunlight for solar energy systems. Access to direct sunlight is not a factor in the request or the project. E. Whether or not there are circumstances unique to the shape, topography, water conditions, or other physical conditions of the property. The Applicant is currently utilizing the property as a self-storage facility in a manner that meets the 0.5 FAR maximum. The self-storage facility is the use desired by the Applicant. The condition of the building is not unique to the neighborhood surrounding the building or located in St. Louis Park. Below are 16 properties with buildings constructed around 1960 that have been added onto, yet they continue to be used in a manner that meets code. City Council Meeting of June 15, 2015 (Item No. 6b) Page 11 Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Manager, 5305 Parkdale Drive Zoning Address IG 7500 Excelsior Blvd IG 7400 Excelsior Blvd IG 8000 Powell Rd IG 3965 Meadowbrook Rd IG 3825 Edgewood Ave BP 7201 Lake St BP 3715 Oregon Ave C-2 5201 Excelsior Blvd IG 5005 State Highway 7 IP 7309 27th St IP 2220 Florida Ave IP 6701 23rd St IP 2212 Edgewood Ave IP 2219 Edgewood C-2 5525 Cedar Lake Rd IG 5320 23rd St There are no unique circumstances applying to this property that prevent the Appellant from achieving the maximum 0.5 FAR allowed by city code. The applicant has not demonstrated any unique circumstances concerning this property that prevent the Applicant from enjoying a reasonable use of the property as provided in the City Code. F. Whether or not the granting of the variance is necessary for the preservation and enjoyment of a substantial property right. The variance is not requested to achieve the same maximum FAR allowed by code which is enjoyed by all other properties in the Industrial Park zoning district. The variance is requested to have more use of the land than is otherwise enjoyed by all other properties located in the Industrial Park zoning district. The 0.5 maximum FAR does not prohibit reasonable use of the property. The building has had reasonable use since it was constructed, and the applicant is in the process of renovating it into a self-storage facility that meets the 0.5 FAR. The variance is not needed for the preservation and enjoyment of a substantial property right. G. Whether or not the granting of the variance will impair light and air to the surrounding properties, unreasonably increase congestion, increase the danger of fire, or endanger public safety. If approved, the proposed variance would not impair light and air to the surrounding properties, or increase the congestion, danger of fire, or endanger public safety. H. Whether or not the granting of the variance will merely serve as a convenience or is it necessary to alleviate a practical difficulty. City Council Meeting of June 15, 2015 (Item No. 6b) Page 12 Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Manager, 5305 Parkdale Drive A building permit was submitted to add additional floor space to bring the property up to the maximum 0.5 FAR allowed by city code. The building permit demonstrates how the Applicant can use the building without a variance to overcome any difficulties. The Applicant stated in his April 28, 2015 that the variance would allow him to fill “dead space” with additional storage units he could rent out. These additional rental storage units are a convenience, and are not necessary to alleviate a practical difficulty resulting from complying with the 0.5 FAR maximum. The Applicant has failed to demonstrate that a practical difficulty exists as opposed to increasing the allowed FAR for mere convenience and the ability to maximize the interior space. DECISION Based upon the above findings, the Board of Zoning Appeals’ denial of St. Louis Park Properties variance application is upheld. This appeal to the City Council is denied. Reviewed for Administration: Adopted by the City Council June 15, 2015 City Manager Mayor Attest: (SEAL) City Clerk City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale DrPage 13 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale DrPage 14 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale DrPage 15 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale DrPage 16 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale DrPage 17 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale DrPage 18 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale DrPage 19 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale DrPage 20 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale DrPage 21 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale DrPage 22 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale DrPage 23 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale DrPage 24 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale DrPage 25 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale DrPage 26 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale DrPage 27 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale DrPage 28 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale DrPage 29 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale DrPage 30 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale DrPage 31 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale DrPage 32 BOZA RESOLUTION NO. 1-15 A RESOLUTION DENYING A 0.7 FLOOR AREA RATIO INSTEAD OF THE ALLOWED MAXIMUM OF 0.5 FOR A PROPOSED SELF-STORAGE FACILITY LOCATED AT 5305 PARKDALE DRIVE BE IT RESOLVED BY the Board of Zoning Appeals of St. Louis Park, Minnesota: FINDINGS 1. On April 28, 2015, St. Louis Park Properties, LLC (Jacobs Management) applied for a variance from the requirements of the Zoning Ordinance (Section 36-243(g)(2)) to allow a 0.7 floor area instead of the required maximum floor area of 0.5 for a proposed self- storage facility. 2. The property is located at 5305 Parkdale Drive and described below as follows, to wit: Lot 1, Block 1, Bell Addition, Hennepin County, Minnesota 3. The Board of Zoning Appeals has reviewed the application for variance Case No. 15-18- VAR on May 28, 2015. 4. Based on the testimony, evidence presented, and files and records, the Board of Zoning Appeals has determined that the requested variance does not meet the requirements of Section 36-34(a)(2) of the Zoning Ordinance necessary to be met for the Board of Zoning Appeals to grant variances, and makes the following findings: a. There are no factors related to the shape, size or other extraordinary conditions on the lot which prevent a reasonable use. b. Granting of the requested variance is not necessary for the preservation and enjoyment of a substantial property right. The property has had a reasonable use in the past and continues to have a reasonable use. c. Granting of the requested variance would be contrary to the intent and provisions of the Zoning Ordinance since, if granted, it would permit a great floor area ratio than allowed by code and required for other properties in the Industrial Park zoning district. d. There are no demonstrable or undue hardships or practical difficulties under the terms of the Zoning Ordinance or Minnesota Statue, and therefore, conditions necessary for granting the requested variance do not exist. 5. The contents of the Board of Zoning Appeals Case File 15-18-VAR are hereby entered into and made part of the public hearing record and the record of decision for this case. City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale Dr Page 33 CONCLUSION The Board of Zoning Appeals hereby denies the requested 0.2 variance to the required 0.5 floor area ratio maximum for the proposed self-storage facility located at 5305 Parkdale Drive. Adopted by the Board of Zoning Appeals: May 28, 2015 Effective date: June 7, 2015 ___________________________ James Gainsley, Chairperson ATTEST: _______________________________________ Gary Morrison, Assistant Zoning Administrator City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale Dr Page 34 Board of Zoning Appeals Meeting of May 28, 2015 4A Variance to the Floor Area Ratio Location: 5305 Parkdale Drive Applicant: St. Louis Park Properties, Mr. Todd Jones Chief Manager Case No.: 15-18-VAR Recommended Action: Comprehensive Plan: Zoning: Motion to adopt a resolution denying a 0.2 increase to the allowed 0.5 maximum floor area ratio. Industrial Industrial Park (IP) REQUEST: The Applicant is in the process of remodeling an industrial building into an indoor self-storage facility. As part of the remodel, the Applicant would like to construct a second floor inside the building. The 0.5 FAR maximum, however, limits how much of the building can be improved with a second floor. If approved, the variance would allow the Applicant to construct a second floor throughout the building. BACKGROUND: Existing Conditions: The lot is 44 feet wide and 120 feet deep, with a total lot size of 5,280 square feet. The adjacent lots are similar in size, where single-family homes exist today. A single-family home was previously built on this property and was demolished in 2003. The lot is smaller than most others in the R-4 district, which makes building to the required side yard setbacks more challenging. SITE City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale Dr Page 35 Board of Zoning Appeals – May 28, 2015 St. Louis Park Properties, 5305 Parkdale Drive 2 BACKGROUND: The building was constructed in 1960 and the property has been zoned Industrial since. Zoning Regulation: Section 36-243(g)(2) of the City Code states “The floor area ratio within the I-P district shall not exceed 0.5.” Section 366-4 of the City Code defines: Floor area as “…the sum of the gross horizontal areas of the several floors of a building including interior balconies, mezzanines, basements, attics, penthouses, and attached accessory buildings. Measurements shall be made from the inside of exterior walls and to the center of interior walls. For the purposes of determining off-street parking requirements, inside off-street parking or loading space is excluded from floor area.” Floor area ratio as “the numerical value obtained by dividing the total floor area of buildings excluding the basement by the lot area on which the buildings are located.” Proposal – Second Floor Expansion: A building permit was issued on April 17, 2015 to renovate the building into an indoor, climate controlled self-storage facility, and that renovation is underway. The applicant submitted a second building permit to add a second floor inside the existing building to create additional self-storage units for rental. This permit is currently under review and may be issued at any time as long as the FAR is kept below 0.5. The Applicant, however, would like to expand the project proposed under this permit application by extending the second floor over the entire portion of the building that has sufficient floor-to- ceiling space for a second floor. The expansion would result in more floor area on the site available for rental than is otherwise allowed by 0.5 FAR limitation established by City Code. The additional request would result in a FAR of 0.7, and would require the requested variance. The second floor expansion is contained entirely within the building, and would not result in a taller building, or any other improvement that would be visible from the exterior. Proposal – Exterior Improvements: In conjunction with the second floor expansion, the Applicant proposes to improve the building façade as depicted in the attached building elevations. The improvements would be made to both the north and south elevations. The existing building has a brick façade which is considered a Class 1 material under city code. City code requires each elevation to have at least 60% Class 1 materials. The proposed building improvements are presented as concept, and a percentage calculation has not been submitted. If approved, the Applicant would submit a building permit to alter the building façade, and staff at that time, would confirm the Class 1 ratios. Exterior alterations to improve the façade would be allowed independent of this variance request. In addition to building façade improvements, the Applicant is proposing to replace some existing asphalt with rain garden and additional landscaping. A more detailed summary of the proposal is provided in the Applicants letter which is attached. Again, these site improvements would be allowed independent of the variance request. City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale Dr Page 36 Board of Zoning Appeals – May 28, 2015 St. Louis Park Properties, 5305 Parkdale Drive 3 ANALYSIS: As required by City Code, the Board of Zoning Appeals (BOZA) considers the following prior to ruling on a variance. Staff has provided an analysis of each point below, and the Applicant has also provided an analysis of each point in the attached letter. 1. The effect of the proposed variance upon the health, safety, and welfare of the community. There are no apparent negative impacts to the health, safety, and welfare of neighboring properties. The requested improvement is contained entirely within the existing building, and would not be noticeable from the exterior. The increased floor area would result in additional storage units the Applicant can rent, which will result in additional traffic, however, as a storage facility; the additional traffic would be negligible. 2. Whether or not the request is in harmony with the general purposes and intent of the Zoning Ordinance. Indoor storage is a permitted use in the Industrial Park district. However, the request isn’t about indoor storage. The request is to increase the FAR to 0.7 instead of the 0.5 maximum allowed by the Industrial Park district, and this request is not in harmony with the intent of the zoning ordinance. All properties in the Industrial Park district are required to maintain a FAR less than 0.5. The request to exceed this maximum would give the Applicant more rentable floor area than allowed at any other property in this district. The variance would result in a potential competitive advantage over other properties that comply with City Code. If the Applicant desires additional floor area, then the Applicant could request a rezoning to the General Industrial zoning district which allows a FAR of 1.0. It is unlikely, however, that the City would support the rezoning, as General Industrial, including storage facilities, is not viewed as a desired use in the West End area. 3. Whether or not the request is consistent with the Comprehensive Plan. The request to allow more FAR than is otherwise allowed per the zoning ordinance is not addressed by the Comprehensive Plan. 4. Whether or not the applicant establishes that there are practical difficulties in complying with the Zoning Ordinance. Practical Difficulty means: a. The proposed use is permitted in the zoning district in which the land is located. A variance can be requested for dimensional items only. The storage facility is permitted in this zoning district. b. The plight of the landowner is due to circumstances unique to the property and not created by the landowner. A practical difficulty preventing the Applicant from complying with the 0.5 FAR maximum does not exist. The Applicant has already demonstrated that he has reasonable use of the property and is not having a difficulty complying with the 0.5 maximum FAR. He has already purchased the property and began renovating the building into a self- storage facility that complies with the 0.5 FAR maximum. As noted in the Applicant’s letter, the variance would simply allow him to fill what he calls “dead space” resulting from the high ceilings. The variance is not required to mitigate a practical difficulty. City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale Dr Page 37 Board of Zoning Appeals – May 28, 2015 St. Louis Park Properties, 5305 Parkdale Drive 4 c. The variance, if granted, will not alter the essential character of the locality. As noted in the report, the additional floor area is contained entirely within the existing building, and is not noticeable from the exterior. d. Economic considerations alone do not constitute practical difficulties. As noted above, a practical difficulty does not exist that is preventing the Applicant from having reasonable use of the property. The Applicant is in the process of renovating the building into a self-storage building that meets the 0.5 FAR. The variance, however, would result in additional rentable floor area, and an FAR that exceeds the maximum allowed by code, and required for other properties in the Industrial Park district. In the absence of a practical difficulty preventing reasonable use of the property, it appears that economic considerations would be the only result of the variance. e. Practical difficulties include inadequate access to direct sunlight for solar energy systems. Access to direct sunlight is not a factor in the request or the project. 5. Whether or not there are circumstances unique to the shape, topography, water conditions, or other physical conditions of the property. This consideration does not apply. There are no unique circumstances applying to this property that would require it to have more floor area than allowed by City Code or allowed for other properties in this district. 6. Whether or not the granting of the variance is necessary for the preservation and enjoyment of a substantial property right. As noted above, the 0.5 maximum FAR does not prohibit reasonable use of the property. The building has had reasonable use since it was constructed, and the applicant is in the process of renovating it into a self-storage facility that meets the 0.5 FAR. 7. Whether or not the granting of the variance will impair light and air to the surrounding properties, unreasonably increase congestion, increase the danger of fire, or endanger public safety. If approved, the proposed variance would not impair light and air to the surrounding properties, or increase the congestion, danger of fire, or endanger public safety. 8. Whether or not the granting of the variance will merely serve as a convenience or is it necessary to alleviate a practical difficulty. A practical difficulty does not exist that would require a FAR greater than allowed by City Code and applied to other properties in this district. The Applicant has reasonable use of the property, and has already begun construction of that use. It appears that the request would result in a convenience that would allow more rentable floor area. City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale Dr Page 38 Board of Zoning Appeals – May 28, 2015 St. Louis Park Properties, 5305 Parkdale Drive 5 STAFF RECOMMENDATION: Staff finds the proposed application for a 0.7 FAR instead of the 0.5 maximum FAR allowed by City Code does not meets the criterion required for granting a variance because a practical difficulty does not exist that requires a greater FAR than allowed by City Code, and the Applicant has reasonable use of the property with the 0.5 FAR maximum allowed by City Code. Therefore, staff recommends adoption of the attached Resolution denying the requested variance for a 0.7 floor area ratio instead of the maximum 0.5 floor area ratio allowed. PREPARED BY: Gary Morrison, Assistant Zoning Administrator REVIEWED BY: Sean Walther, Senior Planner ATTACHMENTS: Aerial Photo Proposed Resolution Letter from Applicant Elevations & Floor Plan Survey City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale Dr Page 39 Board of Zoning Appeals – May 28, 2015 St. Louis Park Properties, 5305 Parkdale Drive 6 Aerial Photo City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale Dr Page 40 Board of Zoning Appeals – May 28, 2015 St. Louis Park Properties, 5305 Parkdale Drive 7 BOZA RESOLUTION NO. _____ A RESOLUTION DENYING A 0.7 FLOOR AREA RATIO INSTEAD OF THE ALLOWED MAXIMUM OF 0.5 FOR A PROPOSED SELF-STORAGE FACILITY LOCATED AT 5305 PARKDALE DRIVE BE IT RESOLVED BY the Board of Zoning Appeals of St. Louis Park, Minnesota: FINDINGS 1. On April 28, 2015, St. Louis Park Properties, LLC (Jacobs Management) applied for a variance from the requirements of the Zoning Ordinance (Section 36-243(g)(2)) to allow a 0.7 floor area instead of the required maximum floor area of 0.5 for a proposed self- storage facility. 2. The property is located at 5305 Parkdale Drive and described below as follows, to wit: Lot 1, Block 1, Bell Addition, Hennepin County, Minnesota 3. The Board of Zoning Appeals has reviewed the application for variance Case No. 15-18- VAR on May 28, 2015. 4. Based on the testimony, evidence presented, and files and records, the Board of Zoning Appeals has determined that the requested variance does not meet the requirements of Section 36-34(a)(2) of the Zoning Ordinance necessary to be met for the Board of Zoning Appeals to grant variances, and makes the following findings: a. There are no factors related to the shape, size or other extraordinary conditions on the lot which prevent a reasonable use. b. Granting of the requested variance is not necessary for the preservation and enjoyment of a substantial property right. The property has had a reasonable use in the past and continues to have a reasonable use. c. Granting of the requested variance would be contrary to the intent and provisions of the Zoning Ordinance since, if granted, it would permit a great floor area ratio than allowed by code and required for other properties in the Industrial Park zoning district. d. There are no demonstrable or undue hardships or practical difficulties under the terms of the Zoning Ordinance or Minnesota Statue, and therefore, conditions necessary for granting the requested variance do not exist. 5. The contents of the Board of Zoning Appeals Case File 15-18-VAR are hereby entered into and made part of the public hearing record and the record of decision for this case. City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale Dr Page 41 Board of Zoning Appeals – May 28, 2015 St. Louis Park Properties, 5305 Parkdale Drive 8 CONCLUSION The Board of Zoning Appeals hereby denies the requested 0.2 variance to the required 0.5 floor area ratio maximum for the proposed self-storage facility located at 5305 Parkdale Drive. Adopted by the Board of Zoning Appeals: May 28, 2015 Effective date: June 7, 2015 ___________________________ James Gainsley, Chairperson ATTEST: _______________________________________ Gary Morrison, Assistant Zoning Administrator City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale Dr Page 42 Larkin Hoffi.u~ Larkin Hoffman 8300 Norman Center Drive Suite 1000 Minneapolis, Minnesota 55437-1060 GENERAL, 952-835-3800 FAX, 952-896-3333 WEB, www.larkinhoffman.com April 28, 2015 Mr. Gary Morrison Assistant Zoning Administrator City of St. Louis Park 5005 Minnetonka Blvd. St. Louis Park, MN 55416 Re: 5305 Parkdale Drive: Floor Area Ratio Variance; Our File #38,229-00 Dear Mr. Morrison: This firm represents Jacobs Management Corporation and property owner St. Louis Park Properties, LLC (together referred to as "Jacobs") with respect to the property located at 5305 Parkdale Drive (the "Property") in the City of St. Louis Park (the "City"). Jacobshas received a building permit to convert the existing warehouse structure on the Property (the "Building") to a fully-enclosed, climate controlled, self-storage facility with a partial mezzanine. This letter is intended to provide a narrative and summary of the required findings for a variance application by Jacobs to increase the maximum floor area ratio from .50 to .70 to allow the completion of a fully-internal mezzanine level in the Building (the "Project"). Project Description & Background The Property is located in the middle of an irregularly-shaped block immediately west of Highway 100 and north of Cedar Lake Road. The existing structure is a one-story warehouse building with a total building coverage of 56,090 square feet situated on a 2.95 acre lot. The Property is zoned I-P Industrial Park District (the "I-P District"). Under St. Louis Park City Code (the "City Code"), the maximum Floor Area Ratio (FAR) for properties in the I-P District is 0.50 and includes the gross horizontal areas of all floors in the building, interior balconies, mezzanines, basements, attics and penthouses, but excluding interior parking or loading spaces. City Code Sec. 36-4, Definitions. Jacobs is currently in the process of converting the existing warehouse and office building on the Property to self-service storage. The Project as proposed will have one drive through loading and unloading area and one additional drive in loading and unloading area. A partial mezzanine City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale Dr Page 43 Mr. Gary Morrison April 28, 2015 Page 2 has been permitted by the City and Jacobs is proposing to construct an additional 26,000 square feet of additional storage on an internal mezzanine level. Based the current allowable FAR of .50, a partial, 11,093 square foot mezzanine is permitted; however, the proposed additional 26,000 square foot mezzanine will result in a FAR of .70 which exceeds the 0.50 FAR maximum. In addition to converting the Building to self-storage, Jacobs intends to install a number of exterior site improvements to coincide with the expansion of the mezzanine. These site enhancements include the removal of approximately 12,055 square feet of existing asphalt, primarily from the southeast corner of the Property, for a net hardcover reduction of7,890 square feet, and replacement of this parking area with a rain garden to handle on-site runoff. Rain gardens will be located close to the source of runoff and serve to slow the storm water as it travels to the rain garden, giving the stormwater more time to infiltrate and less opportunity to discharge off site. In addition, the Property will receive new curb and gutter and enhanced landscaping throughout. The north and south building elevations will also be improved significantly, as shown in the enclosed drawings. These enhancements would be in addition to the already approved and permitted fencing and screening investment for the Property, which includes decorative masonry columns and cedar fencing. Required Findings Jacobs is requesting a variance to permit the construction of a full mezzanine level in order to alleviate design, construction, and operational constraints that result from the construction of a partial mezzanine located in only a portion of the building. The proposed variance meets the following required findings under City Code Section 36-34: 1. The effect of the proposed variance upon the health, safety and welfare of the community; The effect of the proposed variance will have no adverse impact on the health, safety and welfare of the community. The mezzanine storage will be fully within the existing structure and will not be visible from the exterior. The additional mezzanine square footage will not have any impact off-site or to the community. 2. The request is in harmony with the general purposes and intent of the ordinance; and The Project is a low intensity warehousing-type use, which is in harmony with the general purposes and intent of the ordinance. The purpose and intent of the 1- P District is to provide locations for large and small scale industrial enterprises engaged in activities including storage, warehousing and light manufacturing, which are not typically associated with high levels of noise, soot, odors and other potential nuisance impacts upon adjoining properties in an industrial park setting. City Code Sec. 243 (a). The Project is fully consistent with the stated purpose and intent of the ordinance. City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale Dr Page 44 Mr. Gary Morrison April 28, 2015 Page 3 3. The request is consistent with the Comprehensive Plan. The proposed warehousing and storage use of the Property is consistent with the Industrial Land Use category of the Property as established in the Comprehensive Plan. The Industrial Land Use category is intended to capture all industrial uses, including manufacturing, assembly, processing, warehousing, storage, and related offices. Comprehensive Plan IV-B15. The Project is consistent with this land use category and is appropriate in this future land use designation. 4. The applicant for the variance establishes that there are practical difficulties in complying with the zoning ordinance. "Practical difficulties," as used in connection with the granting of a variance, means that: a. The property owner proposes to use the property for a land use permitted in the zoning district in which the land is located. A variance can be requested for dimensional items required in the zoning ordinance, including but not limited to setbacks and height limitations; Self-service storage is a permitted use in the I-P District. The variance is requested to vary the dimensional FAR requirement under City Code Sec. 36-243(g) (2). b. The plight of the landowner is due to circumstances unique to the property not created by the landowner; and, The plight of the landowner is due to circumstances unique to the property and specifically the existing structure on the property. These circumstances are existing conditions and not created by the landowner. The Building was constructed in three different phases, initially as two separate buildings that were later connected at the center. The result is a varying floor to ceiling clearance that is, in a large portion of the Building, substantially higher than a traditional building story. The result is that the development of any usable space on the first floor leaves a substantial portion of "dead space" where a second floor would be located. The dead space creates operational (heating, cooling, security, safety, etc.) concerns. While a partial mezzanine will be constructed, the .50 FAR only permits an 11,093 square foot mezzanine, which will result in a substantial portion of the structure remaining as dead space. Furthermore, a partial mezzanine would create substantial design constraints and require inefficient customer access and operation of the facility. c. The variance, if granted, will not alter the essential character of the locality. The variance, if granted, will have no impact on the essential character of the locality because all changes to the structure will be fully enclosed. The variance seeks only to increase the size of the internal mezzanine to alleviate issues related to design, construction, and operation of a partial mezzanine. Moreover, by permitting the full mezzanine, the immediate market will be more fully served, which will decrease the off-site impacts in the locality by satisfying the market demand and reducing the likelihood of future self-storage facilities in the vicinity. City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale Dr Page 45 Mr. Gary Morrison April 28, 2015 Page 4 d. Economic considerations alone do not constitute practical difficulties. Economic considerations are not the primary issue to be remedied by the variance. The Project is already permitted and under construction and is economically viable in the current configuration. Rather, the practical difficulties arise out of the design, construction, and operation of a facility in which a portion of the structure remains dead space that must be designed around but also heated, cooled, and secured. e. Practical difficulties include inadequate access to direct sunlight for solar energy systems. This finding is not applicable. 5. There are circumstances unique to the property including the shape, topography, water conditions, or other physical conditions unique to the property; and, The unique circumstances of the property are the result of the age and existing configuration of the Building. The Building was constructed at three different times, initially as two separate buildings that were later connected at the center. The resulting physical condition is a varying floor to ceiling clearance that is, in a large portion of the Building substantially higher than a traditional building story. The result is that the development of any usable space on the first floor leaves a substantial portion of dead spacewhere a second floor would be located. The dead space creates operational (heating, cooling, security, safety, etc.) concerns. While a partial mezzanine will be constructed, the .50 FAR only permits an 11,093 square foot mezzanine, which will result in a substantial portion of the structure remaining as dead space. Furthermore, a partial mezzanine would create substantial design constraints and require inefficient customer access and operation of the facility. These circumstances are unique to this Property. 6. The granting of the variance is necessary for the preservation and enjoyment of a substantial property right of the applicant; and Jacobs seeks to preserve its substantial property right to construct and use a self-service storage facility on the Property, which is properly zoned for warehousing and storage uses. The granting of the variance is necessary for the preservation of that right and to alleviate the challenges that result from the existing physical conditions of the Property. 7. The granting of the variance will not impair an adequate supply oflight and air to the adjacent property, umeasonably increase the congestion in the public streets, increase the danger of fire, or endanger public safety; The granting of the variance will result only in a change to the internal configuration of the building to create a full mezzanine, rather than a partial mezzanine level. Approval of the variance will not affect the access to light and air of adjacent property, have any impact on the congestions of public streets, increase the danger of fire, or endanger public safety. City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale Dr Page 46 Mr. Gary Morrison April 28, 2015 Page 5 8. The granting of the variance will not merely serve as a convenience to the applicant but is necessary to alleviate a practical difficulty. The granting of the variance will not merely serve as a convenience to Jacobs, but will alleviate a practical difficulty that will otherwise result from design and construction challenges, as well as day to day operational challenges. Conclusion Jacobs has obtained the permits necessary to convert the use of the Building and the Property and has commenced construction. Approval of the variance will only affect the internal design of the Building and permit the efficient and effective use of the existing Building, while minimizing any off-site impacts. The existing configuration of the physical structures on the Property creates the circumstances in which complying with the strict letter of the City Code is a practical difficulty due to the design constraints that would result from a partial mezzanine. The findings required, as described above, have been satisfied. Accordingly, we respectfully request that the Board of Zoning Appeals grants this variance request. If you have questions about this letter or any of the information contained above, please feel free to contact me. $~~40 William C. Griffith, for V" ~ J Larkin Hoffman {/ Direct Dial: Direct Fax: Email: (952) 896-3290 (952) 842-1729 wgriffith@larkinhoffman.com Enclosure cc: Todd Jones 4817-9966-4931, v. 4 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale Dr Page 47 Rain Garden Design and Benefits: A rain garden is a garden which takes advantage of rainfall and stormwater runoff in its design and plant selection. It is designed to withstand the extremes of moisture and concentrations of nutrients, particularly Nitrogen and Phosphorus, that are found in stormwater runoff. Rain gardens are located close to the source of the runoff and serve to slow the stormwater as it travels downhill, giving the stormwater more time to infiltrate and less opportunity to discharge off site. The stormwater is cleaned and reduced in volume once it enters the rain garden. Nitrogen and phosphorus levels and overall sediment loads in the stormwater are reduced by the action of the plants and growing media on the water. The plants selected for the rain garden need to be able to withstand both the extremes of flooding and drought. City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale Dr Page 48 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale DrPage 49 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale DrPage 50 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale DrPage 51 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale DrPage 52 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale Dr Page 53 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale Dr Page 54 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale Dr Page 55 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale Dr Page 56 PROPOSED GRADING LIMITSPROPOSED CONTOUR LINEPROPOSED SILT FENCE892PROPOSED LEGENDCONSTRUCTION & GRADING NOTES1. UTILITIES SHOWN ARE AT APPROXIMATE LOCATIONS. THERE MAY BE ADDITIONAL UNDERGROUND ANDOVERHEAD UTILITIES NOT SHOWN ON THE PLAN. CALL GOPHER STATE ONE CALL AT 651-454-0002 FORUTILITY, GAS LINE, AND ELECTRICAL LINE LOCATIONS PRIOR TO EXCAVATION.2. AREA OF DISTURBANCE IS LESS THAN 1 ACRE. AN NPDES PERMIT IS NOT REQUIRED FOR THIS SITE.3. PERIMETER SEDIMENT CONTROL BMP'S SHALL BE ESTABLISHED PRIOR TO THE COMMENCEMENT OFANY UPGRADIENT LAND DISTURBING ACTIVITIES AND SHALL REMAIN IN PLACE UNTIL FINALSTABILIZATION.4. DISTURBED SOIL AREAS AND STOCK PILES SHALL BE STABILIZED AS SOON AS POSSIBLE BUT IN NOCASE LATER THAN 7 DAYS FROM THE LAST CONSTRUCTION ACTIVITY IN THAT AREA.5. SEDIMENT OR DEBRIS DEPOSITED IN PUBLIC RIGHT-OF-WAY SHALL BE REMOVED BY THE END OF EACHDAY.6. CONSTRUCT TEMPORARY ROCK CONSTRUCTION ENTRANCE AT ENTRANCE TO EACH GRADING AREA.7. PROPOSED ELEVATIONS SHOWN ON THE PLAN ARE TO TOP OF PAVING, GUTTER FLOW LINE, OR FINISHGRADE UNLESS NOTED OTHERWISE.8. SITE DESIGN DOES NOT NECESSARILY BALANCE EARTHWORK MATERIAL ON SITE. CONTRACTORSHALL PROVIDE SUITABLE MATERIAL AS NEEDED, OR DISPOSE OF ANY EXCESS MATERIAL ATDESIGNATED LOCATIONS.PROPOSED BITUMINOUSPROPOSED SPOT ELEVATIONPROPOSED SLOPE ARROW City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale DrPage 57 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale DrPage 58 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale DrPage 59 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale DrPage 60 D R A F T UNOFFICIAL MINUTES OF MAY 28, 2015 BOARD OF ZONING APPEALS CITY OF ST. LOUIS PARK 6:00 p.m. The St. Louis Park Board of Zoning Appeals conducted a meeting on May 28, 2015, at St. Louis Park City Hall, 5005 Minnetonka Boulevard, St. Louis Park, Minnesota – Council Chambers. Members Present: James Gainsley, Justin Kaufman, Paul Roberts, Henry Solmer Members Absent: Susan Bloyer Staff Present: Gary Morrison, Assistant Zoning Administrator Nancy Sells, Administrative Secretary 1. CALL TO ORDER – ROLL CALL The meeting was called to order at 6:00 p.m. 2. APPROVAL OF MINUTES OF JULY 24, 2014 Commissioner Solmer made a motion to approve the minutes of July 24, 2014. The motion passed on a vote of 3-0. (note: Commissioner Kaufman arrived at 6:05 p.m.) 3. CONSENT AGENDA: None 4. PUBLIC HEARINGS A. Variance: Floor Area Ratio Location: 5305 Parkdale Drive Applicant: St. Louis Park Properties, Mr. Todd Jones Chief Mgr. Case No. 15-18-VAR Gary Morrison, Assistant Zoning Administrator, presented the staff report. He explained that the applicant is in the process of remodeling an industrial building into an indoor self-storage facility. The applicant would like to construct a second floor inside the building. The 0.5 FAR maximum, however, limits how much of the building can be improved with a second floor. The applicant is requesting a 0.2 increase to the allowed 0.5 maximum floor area ratio. If approved, the City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale Dr Page 61 variance would allow the applicant to construct a second floor throughout the building. Mr. Morrison reviewed zoning code regulations regarding Floor Area Ratio within the I-P (Industrial Park) District. Mr. Morrison reviewed staff findings for variance criteria. As regards whether or not the request is in harmony with the general purposes and intent of the Zoning Ordinance, he stated that an increase of FAR to 0.7 is not in harmony with the intent of the ordinance. He stated that all properties in the I-P district are required to maintain a FAR less than 0.5. The request to exceed the maximum would give the applicant more rentable floor area than allowed at any other property in the district. Mr. Morrison said staff is unable to determine that a practical difficulty exists to prevent conformance with the 0.5 FAR. Mr. Morrison said staff has not been able to find unique circumstances applying to the property that would require increase in FAR. Mr. Morrison stated that the 0.5 maximum FAR does not prohibit reasonable use of the property. The building has had reasonable use since construction, and the applicant is in the process of renovating it into a self-storage facility that meets the 0.5 FAR. Mr. Morrison said a practical difficulty does not exist that would require a FAR greater than allowed by City Code and applied to other properties in the district. The applicant has reasonable use of the property, and has already begun construction of that use. He said it appears that the request would result in a convenience that would allow more rentable floor area. Mr. Morrison stated that based on the review, staff is recommending a motion to adopt a resolution denying the requested variance. Commissioner Kaufman asked for additional background as to criteria regarding whether or not a request is in harmony with the general purposes and intent of the zoning ordinance as it relates to FAR. Mr. Morrison responded that FAR addresses building bulk, height, and traffic. He added that it also addresses a level playing field; all properties have a certain amount of floor area to work with. Commissioner Kaufman asked for an example of a unique circumstance. City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale Dr Page 62 Mr. Morrison answered that typically in looking at unique circumstances with a variance request it is easier to point one out that applies to setbacks because the shape of the property comes into play or maybe the property is impacted by a wetland. He said in the current request the property is approximately 2.95 acres in size, plenty of area to construct a building that does meet the FAR requirement. Staff has been unable to come up with something related to the property that is unique to that property that would require it to have a higher FAR than other properties in that zoning district. Commissioner Solmer inquired as to the zoning and desired use in the West End area. He asked what desired uses might be. Mr. Morrison said the property is guided Industrial and is zoned Industrial Park. He said uses that are anticipated include multi-family, office or MX-Mixed Use. Commissioner Roberts asked how something is categorized as a practical difficulty. Mr. Morrison said staff looks specifically at the request, asking what would justify going from a 0.5 to a 0.7. What kind of practical difficulties exist to justify that increase. He said typically when looking at a variance one argues that the property owner does not have reasonable use of the property without a variance. He said in this case staff cannot come to a conclusive answer to be able to say to the board that this variance is needed for this property to have a reasonable use. He said it has had a reasonable use since it was built. Staff has not been able to come up with a practical difficulty, something unique to this property that is preventing them from having reasonable use. He added that variance requests are reviewed by the entire Planning Department. Chair Gainsley opened the public hearing. Todd Jones, Jacobs Management and St. Louis Park Properties, LLC, applicant, said they are very pleased to be moving forward with the construction of the project. He said they believe it will be an excellent location for the company, residents and small businesses of St. Louis Park. He said there is no question that there is significant demand for this product in St. Louis Park. He said if the demand is not satisfied in St. Louis Park additional storage facilities will be developed elsewhere in the market. Mr. Jones stated St. Louis Park has an IP District, which allows 0.5 FAR, and it has an IG District which allows FAR of 1.0. He said across the street 1.0 is allowed. His company is asking for 0.7, which is in-between. Mr. Jones discussed construction plans. He said the expansion would be within the existing envelope. The request is not to expand the exterior or the footprint City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale Dr Page 63 but to expand the building floor area utilizing only the space within the existing building envelope. He said plans would significantly reduce the present hardcover on the site. Mr. Jones discussed the business. He said most of the customers come from a one to two mile radius. He said 25 % of their customers are small business owners in the community. He said the use is a very low industrial use and the lowest generator of traffic. Mr. Jones said the company is local and has developed properties nationally for over 25 years. He distributed before and after photographs of several properties the company has developed. Mr. Jones stated that the building is a bit of an oddball. The north building was built as a separate building in 1960 with frontage on Parkdale Dr. The south building has frontage on Cedar Lake Road. Forty years later a company gained control of both buildings and they built a middle building in 1999 which connects all the buildings together. He said the building isn’t impossible but very difficult with different floor elevations, different roof elevations, and different ceiling heights. He said there are a series of ramps tying the buildings together internally. He stated that these conditions are very unique to this property. It makes it very difficult for any use to go in there. Mr. Jones said they found a way to do it as they have flexibility with their product type. Mr. Jones discussed exterior improvements which will coincide with the interior floor expansion. These include reduction of hardcover on site to be replaced with a rain garden and significant landscape design. The rain garden would control rate and quality of stormwater discharged from the site. An interior drive- through loading area is also included in the expansion. The north and south building facades will be enhanced and updated with contemporary design. Mr. Jones distributed photographs of similar conversion projects the company has completed. Mr. Jones said the request is not all about economic gain. He said it is a feasible project. It is going forward. They want to provide the best development plan possible for the benefit of everybody. He said he has discussed the plan with many neighbors in the community. They all support it and cannot imagine the variance request not being approved. He said the company has one opportunity to do the project right. William Griffith, Larkin Hoffman Attorneys, representing the applicant, discussed the criteria regarding reasonability. He said the Minnesota Courts have said “Is the applicant proposing something that is reasonable in light of the locality, impact on neighbors and impact on infrastructure?” Mr. Griffith said the applicant submits that it is a reasonable proposal. In regards to the rational basis of FAR and is it negatively impacted by granting a variance, Mr. Griffith submits that generally the purpose is to control bulk, height, density, intensity of use to as City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale Dr Page 64 not to burden the public infrastructure and over burden the surrounding neighbors. Mr. Griffith said he did not believe the purpose of zoning is to regulate economics. He asked is the zoning ordinance undermined by granting what the applicant feels is a modest variance. He said the answer has to be no, based on staff’s own findings. Mr. Griffith said regarding reasonability, the variance would create no impact on surrounding properties. The additional site enhancements would improve the property and be upgraded for the area. Mr. Griffith said storage center uses are the lowest trip generating uses. Mr. Griffith said he wanted to read four positive findings about the use found in the staff report. He read those findings. In summary Mr. Griffith asked why grant the variance? Mr. Griffith said the proposed use is reasonable. Mr. Griffith discussed the unique circumstances. He said to not grant the variance wastes the opportunity to maximize this use in this location. If the city does not want to see the use proliferated then why would it deny a variance that would maximize the use without impacting neighbors. He discussed the service provided to the community. Mr. Griffith discussed the zoning rationale for FAR. He stated the rationale basis for FAR is not undermined by a modest increase from 0.5 to 0.7. Commissioner Roberts said practical difficulty was mentioned in the attorney’s letter multiple times. He asked Mr. Griffith to comment. Mr. Griffith said the applicant finds the practical difficulty is having an industrial building with this configuration. Because it is not generally amenable for typical industrial use or industrial park, to make the best use of the building under the 0.5 FAR creates a practical difficulty in re-using the building. Construction is already underway for a storage center. How do you best use the building? And is the proposal for best use of building reasonable in light of the circumstances and what is that impact on others. And that is part of the practical difficulty finding. Mr. Griffith said that is in case law. Commissioner Kaufman asked Mr. Griffith if he was saying the practical difficulty lies with the nature of the property, not of the applicant’s making. Mr. Griffith said that was correct. Commissioner Solmer asked if any of the projects the company has developed involved an increase in the FAR. Mr. Jones said no variances were required. City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale Dr Page 65 The Chair closed the public hearing as no one else was present wishing to speak. Mr. Solmer asked about the potential buyer for the property proposing retail development who was discouraged by the city from going forward. Mr. Morrison said a proposal was brought forward for a one-story strip mall. Commissioner Kaufman asked if that proposal was for a tear down. Mr. Morrison responded that it was for a tear down. Commissioner Kaufman stated if the issue for the FAR is bulk, height and traffic with no effect on surrounding area, that sways him a little bit. He said his other concern regards the difficulty with a three building connection and using the property as it is, as opposed to a tear down. Commissioner Roberts said those were his concerns too. The FAR is 3 of the 4 things staff mentioned. He said the one thing he is hung up on is the fairness of everyone having to comply with the 0.5 FAR in that zoning district and if there is unfair advantage there. He said he could be persuaded either way. Chair Gainsley said the applicant is given a very wide latitude with the 0.5 FAR and is being given just about everything in the way of reasonable use and there is really no hardship. The building is there, the space is there and it is being used to its fullest capacity, using it reasonably, and will make money with it. Chair Gainsley said he doesn’t see there is any particular problem with the project and doesn’t see any reason to have a variance. He said he doesn’t see a practical difficulty that would be of such an immediate need that a variance would be warranted. Commissioner Kaufman asked if the bar for practical difficulty was so that high that the property could not be used but for the variance? Mr. Morrison answered that it used to be that high. He said there is a little more discretion in the recent statute changes. Reasonable use is still part of the consideration. Can this property be used as it is? Yes, it can. He said the Novartis property is a primary example of that as it was built in several stages with uneven floors and that is not uncommon in St. Louis Park. These buildings are old and have been added on to. And they are being re-used. The Novartis building was snatched up immediately and is almost fully complete and almost fully occupied. City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale Dr Page 66 Chair Gainsley made a motion to deny the variance request based on the staff report. The motion failed on a vote of 2-2. (Gainsley and Solmer voting to deny; Kaufman and Roberts voting against motion to deny). Commissioner Kaufman made a motion to approve the variance. The motion failed on a vote of 2-2. (Kaufman and Roberts voting to approve; Gainsley and Solmer voting against motion to approve). Mr. Morrison read the statement regarding appeal to the City Council. 5. Unfinished Business 6. New Business A. Election of Officers Commissioner Roberts nominated Justin Kaufman for Chair. Chair Gainsley remarked that Justin Kaufman had not yet served five years. Chair Gainsley nominated Paul Roberts for Chair. The motion passed on a vote of 4-0. Chair Gainsley nominated Justin Kaufman for Vice-Chair. The motion passed on a vote of 4-0. 7. Communications 8. Adjournment The meeting adjourned at 7:00 p.m. Respectfully submitted, Nancy Sells Administrative Secretary City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale Dr Page 67 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale Dr Page 68 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale Dr Page 69 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale Dr Page 70 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale Dr Page 71 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale Dr Page 72 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale Dr Page 73 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale Dr Page 74 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale Dr Page 75 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale Dr Page 76 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale Dr Page 77 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale Dr Page 78 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale Dr Page 79 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale Dr Page 80 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale Dr Page 81 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale Dr Page 82 City Council Meeting of June 15, 2015 (Item No. 6b) Title: Appeal of BOZA Decision – St. Louis Park Properties, Mr. Todd Jones Chief Mgr, 5305 Parkdale Dr Page 83 Meeting: City Council Meeting Date: June 15, 2015 Public Hearing Agenda Item: 6c EXECUTIVE SUMMARY TITLE: 2014 Annual MS4 Stormwater Pollution Prevention Plan (SWPPP) Meeting RECOMMENDED ACTION: None at this time. Each year the City is required to hold a public meeting to provide an opportunity for residents to review and comment on its Storm Water Pollution Prevention Plan and its storm water management program. This agenda item serves to meet this requirement. After a staff presentation the Mayor is asked to open up the meeting for public comment. POLICY CONSIDERATION: Does the City Council have questions or concerns regarding the City’s storm water management program? SUMMARY: The purpose of this report is to provide the Council with a summary of stormwater activities conducted in 2014 and to solicit comments from the public on the operation and management of stormwater throughout the City of St. Louis Park as a part of the City’s Municipal Separate Stormwater System (MS4) permit. The City of St. Louis Park has a permit with the Minnesota Pollution Control Agency (MPCA) for the discharge of stormwater from the city. This permit is required based on the 1987 amendment to the Environmental Protection Agency (EPA) Clean Water Act, through the National Pollutant Discharge Elimination System (NPDES). St Louis Park, along with 229 other Minnesota cities, is permitted as a Municipal Separate Stormwater System (MS4). As a part of the MS4 permit, the City is required to hold a public meeting in which residents have an opportunity to review the City’s Storm Water Pollution Prevention Plan (SWPPP) and comment on its stormwater management program. These comments are then recorded and considered for incorporation in the City’s SWPPP. In the past this meeting has been held by staff separate from regular City Council meetings, but has been included in the Council’s agenda this year to hopefully increase participation and awareness of the SWPPP. FINANCIAL OR BUDGET CONSIDERATION: Not applicable at this time. VISION CONSIDERATION: St. Louis Park is committed to being a leader in environmental stewardship. We will increase environmental consciousness and responsibility in all areas of city business. SUPPORTING DOCUMENTS: Discussion MPCA 2014 Issuance of Coverage 2014 SWPPP Activity Highlights Detailed List of 2014 Activities Appendix M 2015 Update Prepared by: Phillip Elkin, Sr. Project Manager Reviewed by: Debra Heiser, Engineering Director Approved by: Tom Harmening, City Manager City Council Meeting of June 15, 2015 (Item No. 6c) Page 2 Title: 2014 Annual MS4 Stormwater Pollution Prevention Plan (SWPPP) Meeting DISCUSSION Each year the City of St. Louis Park is required to prepare an annual report which discusses the status of compliance with NPDES MS4 Stormwater Permit Conditions. Since this permit does not contain specific end of the pipe discharge effluent limits, cities use programmatic requirements to reduce pollutants discharged to the “maximum extent practicable” through the implementation of Best Management Practices (BMPs). The information requested from the MPCA is meant to provide the basis for an assessment of the appropriateness of the BMPs and the progress that has been made toward achieving the identified goals for each of the minimum control measures. This assessment is based on results collected and analyzed, inspection findings, and public input received during the reporting period. In August of 2013, the MPCA approved a new permit for the MS4 SWPPP program. With these changes, the City was required to revise some operating procedures and requirements in its stormwater requirements in order to be in compliance with the new stormwater permit requirements. These revisions were accomplished by updating Appendix M of the City’s Surface Water Management Plan, which details the City’s Erosion Control and Stormwater Management requirements. These changes included: • Update Erosion Control Requirements • Update Construction Site Inspection Requirements • Update Enforcement Response Procedures • Revise Post Construction site requirements which include: dewatering, infiltration, limits and expectations and mitigation The revised Appendix M of the City’s Surface Water Management Plan is posted on the City of St. Louis Park Website. The City continues to move forward with the Stormwater Capital Improvement Plan that was approved in 2012 by the City Council. The most visible of these projects is the Bass Lake Preserve Restoration Project. In 2015 we completed the first area of vegetation restoration, along with the Annual Arbor Day Celebration, where 80 new trees were planted, and look to continue this effort in the fall with area 2. In addition, we are working in partnership with Great River Greening on an overall upland vegetation management plan as well as the permitting required for excavation within the wetland this winter. While we are continuing to refine our record keeping and bookkeeping procedures, we do not anticipate any significant changes or modifications to the SWPPP in 2015. wq-strm4-59p · 1/16/14 · Doc Type: Permit Approval April 3, 2014 Phillip Elkin City of St. Louis Park 5005 Minnetonka Boulevard St. Louis Park, MN 55416 RE: Issuance of Coverage under the National Pollutant Discharge Elimination System/State Disposal System (NPDES/SDS) General Permit MNR040000 for Municipal Separate Storm Sewer Systems for City of St. Louis Park MS4 Dear Mr. Elkin: In accordance with Minn. R. 7001.0140, the Commissioner of the Minnesota Pollution Control Agency (MPCA) has made a final determination to issue coverage under the National Pollutant Discharge Elimination System/State Disposal System (NPDES/SDS) General Permit MNR040000 for Municipal Separate Storm Sewer Systems (MS4 General Permit) to the City of St. Louis Park MS4, effective April 3, 2014. Please find enclosed a copy of the above referenced MS4 General Permit. The MPCA’s final decision to issue permit coverage is based on the following:  MPCA staff has reviewed your MS4 General Permit application and Stormwater Pollution Prevention Program (SWPPP) Document.  Public notice and opportunity for comment on your MS4 General Permit application and SWPPP Document has been provided, and no comments were received. As you know, it is the responsibility of the MS4 owner and/or operator to comply with the requirements of the MS4 General Permit and your SWPPP Document. This issuance of coverage does not preclude the MPCA from following up with an inspection or audit to verify compliance with the MS4 General Permit and SWPPP Document. Also, be aware that as a condition of recordkeeping, Part IV.C.3. of the MS4 General Permit requires that the permittee retain their SWPPP Document and all records pertinent to it for at least three (3) years beyond the term of the MS4 General Permit. In addition, for an MS4 that was covered under the previous MS4 General Permit (issuance date June 1, 2006), coverage under that permit is terminated on the coverage date as specified above. An MS4 covered under the new MS4 General Permit is required to report on activities that were required or committed to under the previous permit. City Council Meeting of June 15, 2015 (Item No. 6c) Title: 2014 Annual MS4 Stormwater Pollution Prevention Plan (SWPPP) Meeting Page 3 wq-strm4-59p · 1/16/14 · Doc Type: Permit Approval City of St. Louis Park Page 2 April 3, 2014 Finally, the MPCA thanks you for your cooperation in the permitting process . Please retain this letter as documentation of your MS4 General Permit coverage under the NPDES/SDS Permit MNR040000. Please contact MS4 team member Dan Miller at 651-757-2246 with any questions. Sincerely, Duane Duncanson This document has been electronically signed. Duane Duncanson Supervisor, Municipal Compliance Unit I St. Paul Office Municipal Division cc: Debra Heiser, City of St. Louis Park MS4 City of St. Louis Park MS4 File City Council Meeting of June 15, 2015 (Item No. 6c) Title: 2014 Annual MS4 Stormwater Pollution Prevention Plan (SWPPP) Meeting Page 4 Highlight of Activities for the 2014 City of St. Louis Park Stormwater Pollution Prevention Plan Outlined below are the stormwater management responsibilities that have been accomplished during the 2014 calendar year. These responsibilities are required and were completed in conjunction with the City of St. Louis Park’ National Pollution Discharge Elimination System (NPDES) Small Municipal Separate Storm Sewer System (MS4) permit issued that is issued by the Minnesota Pollution Control Agency (MPCA): MCM‐1 Public Education and Outreach Activities Permit Requirement: Permittee’s shall implement a public education program that informs the public of the impact that stormwater discharges have on water bodies and to includes actions that citizens can take to reduce the discharge of pollutants into stormwater and surface waters. Activities Competed: • Selected two high priority stormwater related issues for review and updating  Updated construction stormwater runoff design guideline  Updated post construction design guideline • Provided training to City staff on Illicit discharge • Implemented My St. Louis Park App for reporting stormwater issues throughout the City • Distributed stormwater management educational materials  Sun Sailor (circulation of 28,075 residents)  Radio (available listener area of 45,000 residents)  Park TV (access to 13,000 residents)  City website (2,359 clicks)  School presentations (34,267 students educated at Westwood Nature Center) • Held workshops and educational forums on stormwater management  Landscape workshop  Raingarden workshop  Tree sale  Metro Watershed Partnership  Eco Fair at the Parktacular! MCM‐2 Public Involvement and Participation Permit Requirement: Permittee’s shall implement Public Participation/Involvement program to solicit public input on the Storm Water Pollution Prevention Plan (SWPPP). Activities Competed: • Collected seasonal samples were at selected water bodies as part of the CAMP (Citizen‐Assisted Monitoring Program) • Volunteered for Minnehaha Creek Cleanup • Completed the Beautify the Park Day City Council Meeting of June 15, 2015 (Item No. 6c) Title: 2014 Annual MS4 Stormwater Pollution Prevention Plan (SWPPP) Meeting Page 5 Stormwater Pollution Prevention Plan 2014 Stormwater Management Activity Highlights 2 • Continued development of the Environment and Sustainability Commission • Implemented My St. Louis Park App for reporting stormwater issues throughout the City MCM‐3 Illicit Discharge Detection and Elimination Permit Requirement: Permittee’s shall implement and enforce a program to detect and eliminate illicit discharges into the City’s storm sewer system. Activities Competed: • Implemented My St. Louis Park App for reporting illicit discharge issues throughout the City • Continually monitor for illicit stormwater discharges as City staff work and travel throughout the city performing their routine duties MCM‐4 Construction Site Storm Water Run‐off Control Permit Requirement: Permittee’s shall implement and enforce a Construction Site Stormwater Runoff Control program that reduces pollutants in stormwater runoff related to construction activity. Activities Competed: • Performed 55 compliance inspections on 14 projects greater than once acre • Performed over 300 inspections on 32 projects smaller than one acre • Updated design guidelines and inspection policies for erosion and sediment control inspections • Issued 37 notices of violation for noncompliance o No monetary fines or site shutdowns were issued MCM‐5 Post Construction Runoff Control Permit Requirement: Permittee’s shall implement and enforce a Post‐Construction Stormwater Management Program that prevents or reduces water pollution after construction activity is completed and as it relates to new development and redevelopment. Activities Competed: • Updated design guidelines to retain 1 inch of rainfall on site • Updated design guidelines to control the discharge rate of the 6 inch rainfall event to not exceed the 4.2 inch rainfall event • Provided plan review for 12 new developments greater than one acre • Assisted in pollutant reductions to the Brownie Lake as part of the West End Development, which is now delisted as an Impaired Water by the Minnesota Pollution Control Agency City Council Meeting of June 15, 2015 (Item No. 6c) Title: 2014 Annual MS4 Stormwater Pollution Prevention Plan (SWPPP) Meeting Page 6 Stormwater Pollution Prevention Plan 2014 Stormwater Management Activity Highlights 3 MCM‐6 Pollution Prevention/Good Housekeeping for Municipal Operations Permit Requirement: Permittee’s shall develop and implement an operations and maintenance program that prevents or reduces the discharge of pollutants from permittee owned and operated facilities. Activities Competed: • Inspected over 100 outfalls within the City of St. Louis Park • Inspected over 5 ponds within the City of St. Louis Park • Inspected 1,200 catch basins • Repaired 125 catch basins • Swept over 600 miles of streets (155 miles within City 4 times) • Removed sediment from over 17 miles of storm sewer • Inspected stockpile and storage areas quarterly • Continued to evaluate operations policies and practices and to look for areas to improve process and reduce pollution Residents of the City of St. Louis Park are encouraged to review and comment on the City’s SWPPP, which can be found on the City’s Stormwater Page: • http://www.stlouispark.org/storm‐water/pollution‐prevention‐plan.html For additional information on the Small Municipal Separate Storm Sewer System (MS4) Permit, which provides the guidance for the afore mentioned items, can be found on the Minnesota Pollution Control Agency’s website: • http://www.pca.state.mn.us/index.php/water/water‐types‐and‐programs/stormwater/municipal‐ stormwater/municipal‐separate‐storm‐sewer‐systems‐ms4.html If you have further questions on stormwater management within the City of St. Louis Park, feel free to contact Erick Francis, the City’s Water Resources Manager, at 952‐924‐2690 or at efrancis@stlouispark.org. City Council Meeting of June 15, 2015 (Item No. 6c) Title: 2014 Annual MS4 Stormwater Pollution Prevention Plan (SWPPP) Meeting Page 7 2014 MS4 Annual Report Worksheet: Questions: Contact Cole Landgraf (651-757-2880, cole.landgraf@state.mn.us) or Rachel Stangl (651-757-2879, rachel.stangl@state.mn.us). MS4 General Contact Information 1 2 3 4 5 6 Instructions: Complete this annual report to provide a summary of your activities under the 2013 MS4 Permit (Permit) between January 1, 2014 and December 31, 2014. You may provide additional explanation and/or information in an email with the subject YourMS4NameHere_2014AR to ms4permitprogram.pca@state.mn.us. MPCA staff may also contact you for additional information. Information to provide: Last name, First name, Title, Mailing address, City, State, Zip code, Phone, Email. MCM List: Pollution Prevention/Good Housekeeping for Municipal Operations Post Construction Stormwater management Construction Site Stormwater Runoff Control Illicit Discharge Public Participation / involvement Public Education and Outreach City Council Meeting of June 15, 2015 (Item No. 6c) Title: 2014 Annual MS4 Stormwater Pollution Prevention Plan (SWPPP) Meeting Page 8 2014 MS4 Annual Report Worksheet: Item Number Yes No Construction Activity Post Construction Activity Implement My St. Louis Park App, which has stormwater related notifications such as ESC and IDDE notifications Newspapers Radio Cable access channel School presentations City website Residents Developers Employees Business Students Newspapers: Circulation of 27,075 Radio: Metro wide, 45,00 St. Louis Park residents Cable access channel: 13,000 subscriber's School presentations: Westwood Center formal programs 34,267 3/25/14 Landscape workshop (20 attendees) 4/17/14 Raingarden workshop (40 attendees) 3/1/14 Tree Sale (300 Trees for planting in private property; stormwater mitigation promoted All year - Metro Watershed Partners -advertisements and PSA's via radio, TV, billboard, website 6/14/14 - Eco Fair @ Parktacular Promoted water quality landscape activates Raingarden workshop - provides education on how to's of raingardens, while promoting benefits of Tree Sale -promote stormwater mitigation through trees Eco Fair - provide water resources, such as fishing and canoeing for kids and promote surface water quality Yes, added My St. Louis Park App and are anticipating a greater use for this App Plan on working with additional organizations throughout the City and other communities Website clicks: 2,359 -- Instructions: Complete this annual report to provide a summary of your activities under the 2013 MS4 Permit (Permit) between January 1, 2014 and December 31, 2014. You may provide additional explanation and/or information in an email with the subject YourMS4NameHere_2014AR to ms4permitprogram.pca@state.mn.us. MPCA staff may also contact you for additional information. [Part III.D.1.a.(1)] Yes, No [Part III.D.1.a.(2)] (Yes, No) Check all that apply: Residents, Local Businesses, Developers, Students, Employees, Other. For the above checked in Q5, what is the intended audience? If ‘Yes ,’ what is your stormwater-related issue(s)? Check all that apply. TMDLs, Local Businesses, Residential BMPs, Pet waste, Yard waste, Deicing materials, Household chemicals, Construction Activities, Post-construction activities, Other: describe. -- x Task to be Completed Did you select a stormwater-related issue of high priority to be emphasized during this permit term? - x -- -- Between January 1, 2014 and December 31, 2014, did you modify your BMPs, measurable goals, or future plans for your public education and outreach program? [Part IV.B.] 3 4 5 7 8 9 10 Did you begin to educate the public on illicit discharge recognition and reporting? For the above checked in Q5, enter the total circulation/audience (if unknown, use best estimate) For questions 8 and 9, provide a brief description of each activity related to public education and outreach (e.g. rain garden workshop, school presentation, public works open house) held and the date each activity was held from January 1, 2014 to December 31, 2014. Date of activity Description of activity 6 [Part III.D.1.c.(4)] Yes, No If ‘Yes,’ describe these modifications. If ‘Yes,’ describe these modifications. How did you distribute educational materials or equivalent outreach? Check all that apply and provide circulation/audience associated with each item. - x MCM 1: Public Education and Outreach The following questions refer to Part III.D.1. of the Permit. 2 [Part III.D.1.a.] Brochure, Newsletter, Utility bill insert, Newspaper ad, Radio ad, Television ad, Cable access channel, Stormwater- related event, School presentation or project, Website, Other: describe.-- City Council Meeting of June 15, 2015 (Item No. 6c) Title: 2014 Annual MS4 Stormwater Pollution Prevention Plan (SWPPP) Meeting Page 9 2014 MS4 Annual Report Worksheet: Item Number Yes No Public Meeting Combined with City Council meeting City Council meeting 6/16/2014 8 +/- N/A Between January 1, 2014 and December 31, 2014, did you receive any input regarding your SWPPP? N/A Implemented My St. Louis Park App for public use 17 If ‘Yes’ in Q16, did you modify your SWPPP as a result of written input received? 18 Between January 1, 2014 and December 31, 2014, did you modify your BMPs, measurable goals, or future plans for your public participation/involvement program? xIf ‘Yes,’ describe those modifications. [Part IV.B.] Yes, No [Part III.D.2.b.(2)] Yes, No If ‘Yes’ in Q17, describe those modifications. Enter the date of the public meeting. 15 16 x Yes, No Enter the number of citizens that attended and were informed about your SWPPP. Enter the total number of individuals or organizations that provided comments on your 14 Enter the date of the public meeting. If ‘Other’ in Q12, describe. If ‘Public event’ in Q12, describe. Enter the number of citizens that attended and were informed about your SWPPP. 12 If ‘Yes,’ What was the opportunity that you provided? Check all that apply. Public meeting, Public event, Other. 13 If ‘Public meeting,’ did you hold a stand-alone meeting or combine it with another event? Stand-alone, Combined Instructions: Complete this annual report to provide a summary of your activities under the 2013 MS4 Permit (Permit) between January 1, 2014 and December 31, 2014. You may provide additional explanation and/or information in an email with the subject YourMS4NameHere_2014AR to ms4permitprogram.pca@state.mn.us. MPCA staff may also contact you for additional information. Task to be Completed 11 You must provide a minimum of one opportunity each year for the public to provide input on the adequacy of your Stormwater Pollution Prevention Program (SWPPP). Did you provide this opportunity between January 1, 2014 and December 31, 2014? x [Part III.D.2.a.(1)] Yes, No MCM 2: Public Participation/Involvement The following questions refer to Part III.D.2.a. of the Permit. City Council Meeting of June 15, 2015 (Item No. 6c) Title: 2014 Annual MS4 Stormwater Pollution Prevention Plan (SWPPP) Meeting Page 10 2014 MS4 Annual Report Worksheet: Item Number Yes No Current regulatory mechanism is consistent with regulatory standards N/A N/A N/A N/A N/A N/A N/A Do you have written Enforcement Response Procedures (ERPs) to compel compliance with your illicit discharge regulatory mechanism(s)? [Part III.B.] Yes, No x30 Optional, describe status. 26 Did any of the discovered illicit discharges result in an enforcement action (this includes verbal warnings)? x Yes, No 24 25 If ‘Staff’ in Q23, enter the number discovered by staff. If ‘Yes’ in Q21, how did you discover these illicit discharges? Check all that apply and enter the number of illicit discharges discovered by each category. If ‘Public complaint’ in Q23, enter the number discovered by the public. 23 Instructions: Complete this annual report to provide a summary of your activities under the 2013 MS4 Permit (Permit) between January 1, 2014 and December 31, 2014. You may provide additional explanation and/or information in an email with the subject YourMS4NameHere_2014AR to ms4permitprogram.pca@state.mn.us. MPCA staff may also contact you for additional information. Task to be Completed 19 Between January 1, 2014 and December 31, 2014, did you update your regulatory mechanism(s) which prohibits non-stormwater discharges to your MS4? x Yes, No The following questions refer to Part III.D.3. of the Permit. Public complaint, Staff 22 If ‘Yes’ in Q21, enter the number of illicit discharges detected. 20 Between January 1, 2014 and December 31, 2014, what was the status of this regulatory mechanism(s)? Not yet started, Research, Development, Current regulatory mechanism sufficient. Optional, describe status. 21 Did you identify any illicit discharges between January 1, 2014 and December 31, 2014? x [Part III.D.3.h.(4)] Yes, No MCM 3: Illicit Discharge Detection and Elimination 27 If ‘Yes’ in Q26, what type of enforcement action(s) was taken and how many of each action were issued between January 1, 2014 and December 31, 2014? Check all that apply. Verbal warning, Notice of violation, Fines, Criminal action, Civil penalties, Other: describe. For each of the above checked, enter the number that were issued. 29 If ‘No’ in Q28, why was the enforcement not sufficient to address the illicit discharge(s)? 28 If ‘Yes’ in Q26, did the enforcement action(s) taken sufficiently address the illicit discharge(s)? Yes, No City Council Meeting of June 15, 2015 (Item No. 6c) Title: 2014 Annual MS4 Stormwater Pollution Prevention Plan (SWPPP) Meeting Page 11 Complete Other, individual discussions with key staff on how to adequately distribute the My St. Louis Park App. GIS Implement My St. Louis Park App for City employees to identify and locate illicit discharges The following questions refer to Part III.C.1. of the Permit. 40 Between January 1, 2014 and December 31, 2014, did you modify your BMPs, measurable goals, or future plans for your illicit discharge detection and elimination (IDDE) program? x [Part IV.B.] Yes, No If ‘Yes,’ describe those modifications. 39 In what format is your storm sewer map available? Hardcopy only, GIS, CAD, Other: describe. 38 Does your storm sewer map include all receiving waters? x [Part III.C.1.d.] Yes, No 37 Does your storm sewer map include all structural stormwater BMPs that are part of your MS4? x [Part III.C.1.c.] Yes, No Does your storm sewer map include outfalls, including a unique identification (ID) number and an associated geographic coordinate? [Part III.C.1.b.] Yes, No 35 Does your storm sewer map include all pipes 12 inches or greater in diameter and the direction of stormwater flow in those pipes? x [Part III.C.1.a.] Yes, No 34 Did you update your storm sewer system map between January 1, 2014 and December 31, 2014? x [Part III.C.1.] Yes, No 33 If ‘Yes’ in Q32, how did you train your field staff? Check all that apply. Email, PowerPoint, Presentation, Video, Field Training, Other: describe. 32 Did you train all field staff in illicit discharge recognition (including conditions which could cause illicit discharges) and reporting illicit discharges for further investigations? x [Part III.D.3.e.] Yes, No 36 x 31 If ‘No’ in Q30, Between January 1, 2014 and December 31, 2014, what was the status of your ERPs? Not yet started, Research, Development. Optional, describe status. City Council Meeting of June 15, 2015 (Item No. 6c) Title: 2014 Annual MS4 Stormwater Pollution Prevention Plan (SWPPP) Meeting Page 12 2014 MS4 Annual Report Worksheet: Item Number Yes No Developed 10 Verbal warnings and notice of violation Verbal warnings: 15 Notice of Violations: 22 Developed 14 50 Do you have written procedures for identifying priority sites? x 49 Enter the number of active construction sites an acre or greater that were in your jurisdiction between January 1, 2014 and December 31, 2014. [Part III.D.4.d.(1)] Yes, No 47 Do you have written Enforcement Response Procedures (ERPs) to compel compliance with your construction site stormwater runoff control regulatory mechanism(s)? x [Part III.B.] Yes, No 48 If No in Q47, Between January 1, 2014 and December 31, 2014, what was the status of your ERPs? Not yet started, Research, Development Optional: describe status. Enter the number of site plan reviews conducted for sites an acre or greater between January 1, 2014 and December 31, 2014: 46 Verbal warnings, Notice of violation, Administrative orders, Stop-work orders, Fines, Forfeit of security of bond money, Withholding of certificate of occupancy, Criminal actions, Civil penalties, Other: describe. What types of enforcement actions do you have available to compel compliance with your regulatory mechanism? Check all that apply and enter the number of each used from January 1, 2014 to December 31, 2014. 45 For each of the above checked, enter the number of enforcement actions issued. 43 Have you developed written procedures for site plan reviews as required by the Permit? x [Part III.D.4.b.] Yes, No 44 Have you documented each site plan review as required by the Permit? x [Part III.D.4.f.] Yes, No 42 If no in Q41, Between January 1, 2014 and December 31, 2014, what was the status of this regulatory mechanism? Not yet started, Research, Development, Current regulatory mechanism sufficient. Optional, describe status. Instructions: Complete this annual report to provide a summary of your activities under the 2013 MS4 Permit (Permit) between January 1, 2014 and December 31, 2014. You may provide additional explanation and/or information in an email with the subject YourMS4NameHere_2014AR to ms4permitprogram.pca@state.mn.us. MPCA staff may also contact you for additional information. MCM 4: Construction Site Stormwater Runoff Control The following questions refer to Part III.D.4. of the Permit. Task to be Completed 41 Between January 1, 2014 and December 31, 2014, did you update your regulatory mechanism to be at least as stringent as the Agency's general permit to Discharge Stormwater Associated with Construction Activity (CSW Permit) No. MN R100001 x (http://www.pca.state.mn.us/index.php/view-document.html?gid=18984) for erosion and sediment controls and waste controls? [Part III.D.4.a.] Yes, No City Council Meeting of June 15, 2015 (Item No. 6c) Title: 2014 Annual MS4 Stormwater Pollution Prevention Plan (SWPPP) Meeting Page 13 Site topography, types of receiving waters, compliance history, weather conditions, potential for groundwater contamination. 55 Twice a month and after a two year 24 hour rainfall event 3 Erick Francis efrancis@stlouispark.org 952-924-2690 Luke Ingram lingram@stlouispark.org 952-924-2666 Jim Vaughan jvaugn@stlouispark.org 952-924-2699 5005 Minnetonka Blvd, St. Louis Park, MN 55416 University of Minnesota Erosion and Stormwater Management Certification Revised erosion control requirements, design standards, revise inspection process, provide employee training. [Part IV.B.] Yes, No 56 Provide the contact information for the inspector(s) and/or organization that conducts construction stormwater inspections for your MS4. List your primary construction stormwater contact first if you have multiple inspectors. Information to provide: Inspector name, Organization, Phone (Office), Phone (Work cell), Email, Preferred contact method. What training did inspectors receive? Check all that apply. University of Minnesota Erosion and Stormwater Management Certification Program, Qualified Compliance Inspector of Stormwater (QCIS), Minnesota Laborers Training Center Stormwater Pollution Prevention Plan Installer or Supervisor, Minnesota Utility Contractors Association Erosion Control Training, Certified Professional in Erosion and Sediment Control (CPESC), Certified Professional in Stormwater Quality (CPSWQ), Certified Erosion, Sediment and Storm Water Inspector (CESSWI), Other: describe.57 58 Between January 1, 2014 and December 31, 2014, did you modify your BMPs, measurable goals, or future plans for your construction site stormwater runoff control program? [Part IV.B.] Yes, No x 54 Enter the frequency at which site inspections are conducted (e.g. daily, weekly, monthly). 55 Enter the number of trained inspectors that were available for construction site inspections between January 1, 2014 and December 31, 2014. [Part III.D.4.d.(2)] 52 x Do you have a checklist or other written means to document site inspections when determining compliance? 51 [Part III.D.4.d.(4)] Yes, No 53 Enter the number of site inspections conducted for sites an acre or greater between January 1, 2014 and December 31, 2014. If Yes in Q50, How are sites prioritized? Check all that apply. Site topography, Soil characteristics, Types of receiving water(s), Stage of construction, Compliance history, Weather conditions, Other: describe. City Council Meeting of June 15, 2015 (Item No. 6c) Title: 2014 Annual MS4 Stormwater Pollution Prevention Plan (SWPPP) Meeting Page 14 2014 MS4 Annual Report Worksheet: Item Number Yes No Yes Updated Retain a runoff volume equal to one inch times the area of the proposed increase of impervious surfaces on-site Implemented. Implemented new design standards Not yet started, Research, Development. 64 Between January 1, 2014 and December 31, 2014, did you modify your BMPs, measurable goals, or future plans for your post-construction stormwater management program? [Part IV.B.] x Yes, No Optional: describe status. If ‘Yes,’ describe those modifications. 63 If no in Q62, Between January 1, 2014 and December 31, 2014, what was the status of your ERPs? Retain a runoff volume equal to one inch times the area of the proposed increase of impervious surfaces on-site, Retain the post-construction runoff volume on site for the 95th percentile storm, Match the pre-development runoff conditions, Adopt the Minimal Impact Design Standards (MIDS), An approach has not been selected, Other methods (Must be technically defensible—e.g. based on modeling, research and acceptable engineering practices). 62 Do you have written Enforcement Response Procedures (ERPs) to compel compliance with your post-construction stormwater management regulatory x [Part III.B.] Yes, No If ‘Other methods,’ describe. 61 What approach are you using, or planning to use, to meet the performance standard for Volume, Total Suspended Solids (TSS), and Total Phosphorus (TP) as required by the permit? [Part III.D.5.a.(2)] Check all that apply. Refer to the link http://www.pca.state.mn.us/index.php/view- document.html?gid=17815 for guidance on stormwater management approaches. City requires that discharges form a site cannot increase from the existing rate and discharge from the site resulting from the 6 inch event must be held on site and released no greater than the 4.2 year rainfall event. 60 If No in Q59, Between January 1, 2014 and December 31, 2014, what was the status of this regulatory mechanism? Not yet started, Research, Development, Current regulatory mechanism sufficient. Optional: describe status. Instructions: Complete this annual report to provide a summary of your activities under the 2013 MS4 Permit (Permit) between January 1, 2014 and December 31, 2014. You may provide additional explanation and/or information in an email with the subject YourMS4NameHere_2014AR to ms4permitprogram.pca@state.mn.us. MPCA staff may also contact you for additional information. MCM 5: Post-Construction Stormwater Management The following questions refer to Part III.D.5. of the Permit. Task to be Completed 59 Between January 1, 2014 and December 31, 2014, did you update your regulatory mechanism(s) to incorporate all requirements as specified in Part III.D.5.a. of the Permit? x Yes, No City Council Meeting of June 15, 2015 (Item No. 6c) Title: 2014 Annual MS4 Stormwater Pollution Prevention Plan (SWPPP) Meeting Page 15 2014 MS4 Annual Report Worksheet: Item Number Yes No Structural stormwater BMPs: 6 Outfalls: 236 Ponds: 57 Structural stormwater BMPs: 0 Outfalls: 100 Ponds: 57 City is reevaluating current standard operating procedures and documentation practices and are updating policies for 2015. 74 Between January 1, 2014 and December 31, 2014, did you modify your BMPs, measurable goals, or future plans for your pollution prevention/good housekeeping for municipal operations program? Yes [Part IV.B.] Yes, No If ‘Yes,’ describe those modifications. 73 If ‘Yes’ in Q72, briefly describe the maintenance that was conducted 72 If ‘Yes’ in Q71, based on inspection findings, did you conduct maintenance at any of the stockpiles and/or storage and material handling areas? x Yes, No Stockpiles are located at Municipal Service Center and at tree deposit facility. City employees are at these two facilities 5 to 6 days a week and are observed and maintained as material of dropped off and removed. 71 If ‘Yes’ in Q70, did you inspect all stockpiles and storage and material handling areas quarterly? x [Part III.D.6.e.(3)] Yes, No 70 Do you own or operate any stockpiles, and/or storage and material handling areas? x [Part III.D.6.e.(3)] Yes, No If ‘Yes’ in Q68, briefly describe the maintenance that was conducted. 67 Have you developed an alternative inspection frequency for any structural stormwater BMPs, as allowed in Part III.D.6.e.(1) of the Permit? x Yes, No 69 68 Based on inspection findings, did you conduct any maintenance on any structural stormwater BMPs? x [Part III.D.6.e.(1)] Yes, No City performed 1,200 catch basin inspections, repaired 125 CB's & CBMH's, 25 CB & CBMH rebuilds cleaned 90,516 linear feet of storm sewer 66 Enter the number of structural stormwater BMPs, outfalls (excluding underground outfalls), and ponds that were inspected from January 1, 2014 to December 31, 2014 within your MS4 (exclude privately owned). [Part III.D.6.e.] Instructions: Complete this annual report to provide a summary of your activities under the 2013 MS4 Permit (Permit) between January 1, 2014 and December 31, 2014. You may provide additional explanation and/or information in an email with the subject YourMS4NameHere_2014AR to ms4permitprogram.pca@state.mn.us. MPCA staff may also contact you for additional information. MCM 6: Pollution Prevention/Good Housekeeping for Municipal Operations The following questions refer to Part III.D.6. of the Permit. Task to be Completed 65 Enter the total number of structural stormwater BMPs, outfalls (excluding underground outfalls), and ponds within your MS4 (exclude privately owned). City Council Meeting of June 15, 2015 (Item No. 6c) Title: 2014 Annual MS4 Stormwater Pollution Prevention Plan (SWPPP) Meeting Page 16 2014 MS4 Annual Report Worksheet: Item Number Yes No See attached work sheet Attach your completed TMDL Annual report form to the actual Annual Report as instructed within that document. [Part III.E.]76 Instructions: Complete this annual report to provide a summary of your activities under the 2013 MS4 Permit (Permit) between January 1, 2014 and December 31, 2014. You may provide additional explanation and/or information in an email with the subject YourMS4NameHere_2014AR to ms4permitprogram.pca@state.mn.us. MPCA staff may also contact you for additional information. Discharges to Impaired Waters with a USEPA-Approved TMDL that Includes an Applicable WLA Task to be Completed Question blank to attach file If you have been assigned a Waste Load Allocation (WLA) in a Total Maximum Daily Load (TMDL) that was approved by the USEPA prior to August 1, 2013, and were not meeting WLA(s) at the time of your permit application, you must complete the TMDL Annual Report Form, available at: http://stormwater.pca.state.mn.us/index.php/Forms_and_guidance_for_TMDLs. City Council Meeting of June 15, 2015 (Item No. 6c) Title: 2014 Annual MS4 Stormwater Pollution Prevention Plan (SWPPP) Meeting Page 17 2014 MS4 Annual Report Worksheet: Item Number Yes No 82 Any performance issues and corrective action(s), including date(s) when corrective action(s) were taken, between January 1, 2014 and December 31, 2014. x 81 Calculated pounds of phosphorus removed x 79 Gallons of alum or ferric chloride treatment x 80 Gallons of water treated x 78 Chemical(s) used for treatment x Instructions: Complete this annual report to provide a summary of your activities under the 2013 MS4 Permit (Permit) between January 1, 2014 and December 31, 2014. You may provide additional explanation and/or information in an email with the subject YourMS4NameHere_2014AR to ms4permitprogram.pca@state.mn.us. MPCA staff may also contact you for additional information. Alum or Ferric Chloride Phosphorus Treatment Systems The following questions refer to Part III.F.3.a. of the Permit. Provide the information below as it pertains to your alum or ferric chloride phosphorus treatment system. Task to be Completed 77 Date(s) of operation x City Council Meeting of June 15, 2015 (Item No. 6c) Title: 2014 Annual MS4 Stormwater Pollution Prevention Plan (SWPPP) Meeting Page 18 2014 MS4 Annual Report Worksheet: Item Number Yes No 84 If ‘Yes’ in Q83, describe the agreements you have with other regulated MS4s and which permit requirements the other regulated MS4s help satisfy: [Part IV.B.6.] Work with Metro Watershed Partners for additional training, Minnehaha Creek Watershed District for project permitting, Bassett Creek Watershed Management Commission for project permitting. Partnership with Minneapolis to improve the quality of water in the Minneapolis Chain of Lakes. MCWD, Minneapolis, Minneapolis Park and Recreation Board, and Hennepin County to improve overall water quality. Instructions: Complete this annual report to provide a summary of your activities under the 2013 MS4 Permit (Permit) between January 1, 2014 and December 31, 2014. You may provide additional explanation and/or information in an email with the subject YourMS4NameHere_2014AR to ms4permitprogram.pca@state.mn.us. MPCA staff may also contact you for additional information. Partnerships Task to be Completed 83 Did you rely on any other regulated MS4s to satisfy one or more permit requirements? xYes, No City Council Meeting of June 15, 2015 (Item No. 6c) Title: 2014 Annual MS4 Stormwater Pollution Prevention Plan (SWPPP) Meeting Page 19 2014 MS4 Annual Report Worksheet: Item Number Yes No 88 Optional, describe the file(s) uploaded. x 86 Question left blank to attach file x 87 Question left blank to attach file x Instructions: Complete this annual report to provide a summary of your activities under the 2013 MS4 Permit (Permit) between January 1, 2014 and December 31, 2014. You may provide additional explanation and/or information in an email with the subject YourMS4NameHere_2014AR to ms4permitprogram.pca@state.mn.us. MPCA staff may also contact you for additional information. Additional Information If you would like to provide any additional files to accompany your annual report, use the space below to upload those files. For each space, you may attach one file. Task to be Completed 85 Question left blank to attach file x City Council Meeting of June 15, 2015 (Item No. 6c) Title: 2014 Annual MS4 Stormwater Pollution Prevention Plan (SWPPP) Meeting Page 20 - 1 - Appendix M: Erosion Control and Stormwater Management Plan Guidelines Erosion and Sediment Control Plan and Site Management Guidelines Outlined below are the City’s guidelines for erosion and sediment control plan (SWPPP) development, SWPPP implementation, and ongoing site maintenance: Projects Requiring Permits: All projects disturbing 5,000 square feet or excavating, filling, or stockpiling 50 cubic yards of material within the City must be compliant with NPDES, Minnehaha Creek Watershed, Bassett Creek Watershed Management Organization, or any other regulatory agency having jurisdiction within the City, erosion and sediment control guidelines Site Plan Requirements: Site plan design shall be adequate to prevent erosion and the transportation of sediment and other pollutants from the permitted site to the satisfaction of the City Engineer. At a minimum, the plan should include the following items so plan review can begin. 1. Provide schedule for overall project construction, phasing, and erosion and sediment control plan implementation 2. Identify an adequately trained erosion control supervisor, SWPPP amendment procedures, record retention, and rainfall monitoring policies 3. Identify BMP’s to minimize erosion 4. All exposed soils shall be stabilized within seven days of inactivity 5. Slopes along surface waters require soil stabilization within 72 hours 6. Slopes greater than 3:1 or greater require a category 3 erosion control blanket 7. Identify BMP’s to minimize sedimentary and other pollutant discharges 8. All down gradient slopes shall have adequate sediment and pollutant controls that will not allow sediment or other pollutants to overtop or to undermine the BMPs 9. Outline a process and BMP’s for dewatering activities 10. All dewatering activities require an individual site plan to be submitted to the City Engineer and to include, at a minimum, sampling protocol for selected pollutants, identification and protection plan for downstream receiving waters, adequate treatment process to reduce pollutants and to protect downstream receiving waters 11. Provide BMP maintenance timelines and practices per NPDES guidelines a. Guidelines for maintenance of sediment control BMPs (24 hours) b. Implementation of erosion control BMPs (no greater than 7 days) c. Stabilize ditches and outfalls with adequate BMPs (24 hours) 12. Define the management practices of solid and hazardous wastes per NPDES guidelines: a. No vehicle washing on site will be allowed b. Hazardous materials must be kept in secured location c. Concrete washout and slurry must not come in contact with pervious surfaces 13. Provide design calculations for the use of temporary sediment basins for sites greater than five acres. City Council Meeting of June 15, 2015 (Item No. 6c) Title: 2014 Annual MS4 Stormwater Pollution Prevention Plan (SWPPP) Meeting Page 21 - 2 - 14. Plan must implement construction phasing, maintain vegetative buffer strips, horizontal slope grading, and minimize the need for disturbance. 15. Additional site plan design may be required to meet TMDL requirements. 16. Review of erosion and sediment control plan cannot begin until all of these aforementioned criteria have been met. Construction Activity Requirements: During the construction process the Owner and Contractor must maintain site wide compliance as defined within their SWPPP and with NPDES and local watershed standards Material testing and quantity verification requirements: Permittee’s and contractors are required to work closely with City to ensure that the installation, application, location, and quantity of the selected erosion and sediment control BMP are in conformance with the approved plans and specifications for the project. The City reserves the right to refuse any work that is not in conformance with the approved plans and specifications for the project or is deemed to be inadequate due to existing conditions. Project Closeout: The following outlines the City’s project certification and permit closeout procedures to ensure that the project has been completed in conformance with the plans and specification developed for project that are one acre or greater. The permittee shall implement the following to obtain final project closeout. 1. Permittee shall provide the City Engineer with an as-built grading plan as defined in the City’s erosion and sediment control plan requirements and design Guidelines (section 02050 Standard Specifications). 2. The City will withhold all securities until the approved certified as-built grading plan has been approved by the City Engineer. Final Stabilization Plan: Plan to establish permanent perennial vegetative cover to prevent erosion of the soil and include the following:  Provide final soil stabilization and or landscaping plan  Define specific vegetation species and locations within the project  Define performance standard and schedule for desired vegetative cover  Define soil amendments and usage of fertilizers  Outline long term vegetation maintenance practices City Council Meeting of June 15, 2015 (Item No. 6c) Title: 2014 Annual MS4 Stormwater Pollution Prevention Plan (SWPPP) Meeting Page 22 - 3 - Stormwater Management Design Requirements Stormwater Management Plan: A plan must be submitted to the City which describes how runoff and associated water quality impacts resulting from the development will be controlled or managed. This plan must indicate whether stormwater will be managed on- site or off-site and, if on-site, the general location and type of practices. This final plan must be signed by a licensed professional engineer (PE), who will verify that the design of all stormwater management practices meet the submittal requirements of the Comprehensive Water Resources Management Plan (CWRMP). Stormwater Management Plan Required for all new developments and redevelopment project which resulting in site disturbance that is one acre or greater or any project that proposes 10,000 square feet of new impervious surface. Construction of a single family home is exempt from this requirement. The stormwater management plan shall detail how runoff and associated water quality impacts resulting from the project will be controlled or managed. This plan must indicate whether stormwater will be managed on-site or off-site and, if on-site, the general location and type of practices. This plan should also conform to the requirements of the jurisdictional watershed district. A stormwater management plan submitted to the City of St. Louis Park must meet the following requirements: Phosphorus Control Construction projects subject to this rule shall result in no net increase in phosphorus loading from existing conditions. Total Suspended Solids Construction projects subject to this rule shall result in no net increase in Total suspended solids loading from existing conditions. Rate Control For all projects subjected to this rule, the site design shall provide on-site facilities for post-construction conditions to ensure that discharge rates from the 6.0 inch 24 hour rainfall event is no greater than the existing discharge rates from a 4.2- inch 24 hour rainfall event. Volume Control For all projects subjected to this rule, the stormwater management plan must provide for the abstraction of the first one inch of rainfall from the site’s impervious surface. Credit toward compliance with the one inch volume control standard will be calculated by the applicant using industry accepted hydrologic models and Appendix A: Volume Abstraction Credit Schedule, following guidance provided in the Minnesota Pollution Control Agency’s Minnesota Stormwater Manual. City Council Meeting of June 15, 2015 (Item No. 6c) Title: 2014 Annual MS4 Stormwater Pollution Prevention Plan (SWPPP) Meeting Page 23 - 4 - Stormwater Management Limitations. Applicant shall fully attempt to comply with the appropriate performance goals described above. Options considered and presented shall examine the merits of relocating project elements to address, varying soil conditions and other constraints across the site. If full compliance is not possible due to any of the factors listed below, the applicant must document the reason. Volume reduction techniques considered shall include infiltration, reuse & rainwater harvesting, and canopy interception & evapotranspiration and/or additional techniques included in the Minnesota Stormwater Manual. Higher priority shall be given to BMPs that include volume reduction. Secondary preference is to employ filtration techniques, followed by rate control BMPs. Factors to be considered for each alternative will include following restricted and prohibited site conditions: Restricted Infiltration Areas: 1. Hydraulic Soil Group D (clay) Soil 2. Within 1,000 feet up-gradient, or 100 feet down-gradient of active karst features. 3. Drinking Water Source Management Areas or within 200 feet of drinking water well per MN R.4720.5100, subp. 13 4. Poor soils (infiltration rates that are too low or too high, above 8.3 inches per hour, or problematic urban soils) 5. Zoning, setbacks, prohibited areas, or other land use requirements Prohibited Infiltration Areas: 1. Where industrial facilities are not authorized to infiltrate industrial stormwater under an NPDES/SDS Industrial Stormwater Permit issued by the MPCA. 2. Where vehicle fueling and maintenance occur. 3. With less than three feet of separation distance from the bottom of the infiltration system to the elevation of the seasonally saturated soils or the top of bedrock. 4. Where high levels of contaminants in soil or groundwater will be mobilized by the infiltrating stormwater. 5. Zoning, setbacks, prohibited areas, or other land use requirements Mitigation Provisions: In the case that infiltration practices cannot be implemented on site, steps must be taken to mitigate stormwater runoff volume, rate, and pollutant reduction. This may include off site or regional treatment for additional volume retention, additional pollutant or reduction. The City Engineer and all permitting agencies must approve all mitigation projects and document who is responsible for the long term maintenance of the facility. Mitigation project areas, if approved, are selected in the following order of preference: 1. Locations that yield benefits to the same receiving water that receives runoff from the original construction activity. 2. Locations within the same watershed area as the original construction activity. City Council Meeting of June 15, 2015 (Item No. 6c) Title: 2014 Annual MS4 Stormwater Pollution Prevention Plan (SWPPP) Meeting Page 24 - 5 - 3. Locations in the next adjacent upstream watershed. 4. An alternate location within the City of St. Louis Park. 5. Mitigation projects must involve the creation of new structural stormwater BMPs or the retrofit of existing structural stormwater BMPs, or the use of a properly designed regional structural stormwater BMP. 6. Routine maintenance of structural stormwater BMPs already required by this permit cannot be used to meet mitigation requirements of this part. 7. Mitigation projects shall be completed within 24 months after the start of the original construction activity. 8. The City’s Engineering Department shall determine, and document, who will be responsible for long-term maintenance on all mitigation projects of this part. 9. If a regional project has been identified, the City of St. Louis Park may consider a cash payment from the owner and/or operator of a construction activity for mitigation purposes in lieu of the owner or operator of that construction activity meeting the conditions for post-construction stormwater management. Upon receipt of a cash payment in lieu of onsite treatment, a project must be implemented with the designated funds. Mitigation projects must be completed within two years upon the start of construction of the project. Maintenance: All stormwater management structures and facilities must be designed for maintenance access and properly maintained in perpetuity to assure that they continue to function as designed. Permit applicants must provide a maintenance plan that identifies and protects the design, capacity and functionality of onsite and offsite stormwater management facilities; specifies the methods, schedule and responsible parties for maintenance; provides for the maintenance in perpetuity of the facility; and contains at a minimum the requirements in the City of St. Louis Park’s standard maintenance declaration. The plan will be recorded on the deed in a form acceptable to the District. A public entity assuming the maintenance obligation may do so by filing with the District a document signed by an official with authority. City Council Meeting of June 15, 2015 (Item No. 6c) Title: 2014 Annual MS4 Stormwater Pollution Prevention Plan (SWPPP) Meeting Page 25 - 6 - Stormwater Management Design Requirements The following information shall be provided to describe the conditions which will exist on the site following completion of final construction of structures and improvements General Requirements Proposed drainage plan and hydraulic calculations are dated and signed by a licensed professional. Size of the project shown: o Existing impervious and pervious surface areas of the site. o Ultimate (when site fully developed) impervious and pervious surface of the site. Plan is drawn in 2-foot contours. Existing contours are dashed and proposed are solid. All contours are labeled and legible. Where applicable, extend existing 2- foot contour lines a minimum 100 feet beyond the site boundary or more to accurately depict the drainage patterns. Existing vegetation: Describe and identify the location of existing vegetation. Areas not to be disturbed clearly defined. On-site soil characteristics and groundwater elevations. Existing drainage: Show pre-developed drainage areas, land use and the direction of flow for each area and travel path used to determine the Time of Concentration. Final drainage: Show post-developed drainage areas, land use and the direction of flow for each area and travel path used to determine the Time of Concentration. Identify off-site catchment areas draining to the site. Provide 2-foot contours. Show land use and the direction of flow for each area and travel path used to determine the Time of Concentration. Existing public and private utilities shown. All receiving waters, including wetlands, identified. Property limits shown. Streets labeled. Lot and block information shown if platted. Street address shown if unplatted. A long-term inspection and maintenance plan for all permanent stormwater treatment practices is required to be submitted with the SWPPP following the City’s examples. o Existing and proposed drainage easements shown and labeled on the plan. o All existing and proposed lot corner elevations shown to the nearest tenth of a foot. o Control/spot elevations for drainage ways provided. Building pads, type of house to be built, garage floor elevation, lowest floor elevation and lowest opening elevation are shown. Driveway slope, from garage to the gutter is shown. Lowest opening elevation: Min. 2 feet above 100-year HWL and min. 1 foot above emergency overflow elevation. Pipe size, length, grade and material shown Top of castings and all inverts of catch basins and manholes shown. Label storm drain structures. City Council Meeting of June 15, 2015 (Item No. 6c) Title: 2014 Annual MS4 Stormwater Pollution Prevention Plan (SWPPP) Meeting Page 26 - 7 - Overflow design to be considered for events greater than storm sewer system design event. Infiltration/Filtration Refer to the Minnesota Stormwater Manual for specific infiltration/filtration practices. Infiltration systems shall meet volume control standards as set by the City. Filtration systems shall achieve approximately 80% removal of total suspended solids. Infiltration or filtration systems should not be excavated to final grade until the contributing drainage area has been constructed and fully stabilized. During construction of infiltration or filtration systems, rigorous erosion prevention and sediment controls (e.g. diversion berms) should be used to keep sediment and runoff completely away from the infiltration or filtration area. The area must be staked off and marked so that heavy construction equipment will not compact the soil in the proposed infiltration or filtration area. Area to be infiltrated or filtrated shall be delineated on plans. Calculations or computer model results that demonstrate the design adequacy of the infiltration or filtration system must be included as part of the SWPPP. The water quality volume shall discharge through the soil surface or filter media in 48 hours or less. Additional flows that cannot be infiltrated or filtered in 48 hours should be routed to bypass the system through a stabilized discharge point. A way to visually verify that the system is as designed must be provided. Appropriate on-site testing is required and must be consistent with the recommendations in the Minnesota Stormwater Manual. Testing shall be conducted to verify soil types, infiltration capacity characteristics, and to ensure a minimum of 3 feet of separation from the seasonally saturated soils (or from bedrock) and the bottom of the proposed infiltration system. Adequate maintenance access must be provided (typically 12 ft. wide). Provide scaled drawing of infiltration or filtration BMP, with typical detail and typical cross section. Outline area which runoff is directed to the BMP. As part of the drawing set submittal, provide in table form the following information: Alternative Volume Reduction and Treatment Practices: Green Infrastructure techniques and practices (including, but not limited to, infiltration, evapotranspiration, reuse/harvesting, conservation design, urban forestry, green roofs), shall be given preference as design options consistent with zoning, subdivision and PUD requirements. Alternative practices must follow requirements and recommendations in the Minnesota Stormwater Manual. City Council Meeting of June 15, 2015 (Item No. 6c) Title: 2014 Annual MS4 Stormwater Pollution Prevention Plan (SWPPP) Meeting Page 27 Meeting: City Council Meeting Date: June 15, 2015 Action Agenda Item: 8a EXECUTIVE SUMMARY TITLE: CUP Allowing Off-site Parking, Reducing Required Parking Amount, and Excavation at 7400 Excelsior Blvd RECOMMENDED ACTION: Motion to Adopt Resolution approving a Conditional Use Permit (CUP) to allow off-site parking, a reduction in the amount of required parking, and excavation at 7400 Excelsior Boulevard of more than 400 cubic yards of material, subject to conditions recommended by staff. POLICY CONSIDERATION: Does the proposed CUP meet the conditions of the Zoning Ordinance? SUMMARY: Japs-Olson is in the process of planning a 192,000 square foot addition to the existing 512,850 square foot building located at 7500 Excelsior Blvd. The addition will require the relocation of their parking lot to a property they purchased at 7400 Excelsior Blvd. The parking lot relocation requires three approvals from the Council, all covered by one CUP: 1. Providing required parking on a parcel separate from the principal building. 2. Reducing the amount of parking. City Code allows the Council to approve a reduction in the amount of required parking when a conditional use permit is required for the development activity, and when verifiable information pertaining to parking is submitted to justify the decreased parking. This is not a variance, so the variance criteria do not apply. 3. More than 400 cubic yards of material is removed from the site. The CUP was presented to the Planning Commission on May 20, 2015, where a public hearing was conducted. Nobody spoke at the public hearing, and the Planning Commission recommended approval. FINANCIAL OR BUDGET CONSIDERATION: Not applicable. VISION CONSIDERATION: Not applicable. SUPPORTING DOCUMENTS: Discussion Aerial Photo Draft Resolution Excerpt of Planning Commission Minutes Letter from Applicant Parking Lot Site Plans Building Site Plan Prepared by: Gary Morrison, Assistant Zoning Administrator Reviewed by: Sean Walther, Senior Planner Michele Schnitker, Housing Supervisor Approved by: Tom Harmening, City Manager City Council Meeting of June 15, 2015 (Item No. 8a) Page 2 Title: CUP Allowing Off-site Parking, Reducing Required Parking Amount, and Excavation at 7400 Excelsior Blvd DISCUSSION Zoning: IG General Industrial Comprehensive Plan: Industrial Applicant: Japs-Olson Company, Mr. Robert Murphy, Chairman Description of Request: Requested is a Conditional Use Permit to construct an off-site parking lot, reduce the amount of required parking, and export more than 400 cubic yards of material. Location: The property consists of two parcels. The westerly property is improved with the existing Japs- Olson building, the easterly property is the Appliancesmart building which is proposed to be removed and replaced with a parking lot that will service the Japs-Olson building after it is expanded. Analysis: Japs-Olson is a direct mail and commercial printing facility located on the northwest corner of Excelsior Blvd and Meadowbrook Road. Japs-Olson has been in business for 107 years, and has operated at this location since 1997. They would like to expand their building; however, the proposed expansion requires the relocation of their parking lot. The property to the east of their printing facility (Appliancesmart) was purchased with the intent of removing the existing building and constructing a new parking lot that would provide almost all of the required parking for the printing facility. The expansion will be completed in two phases. First, the Applicant will remove the Appliancesmart building and construct the parking lot improvements. Then they will complete the expansion of the building. The CUP is required for the parking lot improvements. Additional approvals including a plat and municipal boundary change will be required for the second phase. City Council Meeting of June 15, 2015 (Item No. 8a) Page 3 Title: CUP Allowing Off-site Parking, Reducing Required Parking Amount, and Excavation at 7400 Excelsior Blvd Building Expansion (Phase 2): A site plan showing the proposed expansion is attached to this report. The existing building is 512,850 square feet in area. The addition is 192,000 square feet, and will result in a total building size of 704,850 square feet. The expansion will require the removal of a second building, currently located in the City of Hopkins. It is a 23,000 square foot building located at the northeast corner of Excelsior Blvd and Powell Road. As discussed previously with the City Council, the cities of St. Louis Park and Hopkins are working together to relocate the municipal boundary so this building will be located in St. Louis Park and other properties will go to Hopkins. The expansion will also displace approximately 500 parking spaces currently located on Powell Road on the west side of the Japs Olson building. Municipal Boundary Change: The exhibit above shows the existing and proposed municipal boundary change. After the cities finalize the proposal, the application to amend the municipal boundary will be submitted to the State for approval. After it is approved, the Applicant will submit a plat to combine all properties on the northeast corner of Excelsior Blvd and Powell Road. Parking: As noted above, the expansion will displace approximately 500 parking places. The parking spaces will be replaced by a new parking lot proposed in the Phase 1 project, which is the subject of this CUP application and discussed below. City Council Meeting of June 15, 2015 (Item No. 8a) Page 4 Title: CUP Allowing Off-site Parking, Reducing Required Parking Amount, and Excavation at 7400 Excelsior Blvd Zoning Analysis: A Conditional Use Permit (CUP) is required for the following reasons: 1. Off-site parking is allowed by CUP. 2. City Code allows a reduction in the amount of required parking when processed in conjunction with a CUP. 3. A CUP is required to remove more than 400 cubic yards of material. Off-Site Parking: Exhibits showing the proposed parking lot improvements are attached for your review and reference. Section 36-361(h) of the zoning ordinance allows off-site parking with the following conditions: 1. Paved pedestrian access shall be provided and maintained between the off-site parking facility and the principle structure. This condition is met. There is an existing sidewalk along Excelsior Blvd, and the Applicant proposes to construct a new sidewalk along Meadowbrook Road. Pedestrian access from the parking lot to the Meadowbrook Road sidewalk will be provided. Additionally, a crosswalk will be installed to direct pedestrians across Meadowbrook Road to the Japs Olson building and employee entrances. Sidewalk improvements will be made on the west side of Meadowbrook Road to safely direct pedestrians to the employee entrances. 2. The off-site parking facility shall be located no further than 300 feet from a residential structure and no further than 500 feet from a non-residential structure. Shuttle service may be provided as an alternative means of access for non-residential uses. This condition is met. The proposed parking lot is located 71 feet from the Japs Olson property line, and 124 feet from the employee entrances into the building. 3. Off-site parking facilities shall be protected by an irrevocable covenant recorded by the County. A certified copy of the recorded document shall be provided to the Zoning Administrator within 60 days after approval of the agreement by the City Council. This condition is met. It is also a condition of approval of the CUP. The CUP will be automatically revoked if the irrevocable covenants are not recorded. Parking Counts: The Applicant is currently operating with a parking variance that was granted in 1989 and reaffirmed in 1996 when an addition was constructed. The parking required for the existing building is 815 spaces. The variance approved in 1996 reduced the parking to 586 spaces, a reduction of 229 spaces. The primary reason for the variance is that the nature of the business requires large machinery that occupies most of the space, thereby reducing the capacity and need for employees. Parking West side of Meadowbrook 58 spaces East side of Meadowbrook (constructed) 514 spaces East side of Meadowbrook (Proof of parking) 237 spaces On-street 16 spaces Total Provided: 825 spaces Required spaces: 1,244 spaces Less transit reduction: 124 spaces Total Required: 1,120 spaces Requested Reduction: 295 spaces City Council Meeting of June 15, 2015 (Item No. 8a) Page 5 Title: CUP Allowing Off-site Parking, Reducing Required Parking Amount, and Excavation at 7400 Excelsior Blvd The proposed project will increase the required parking spaces by 305 spaces, from 815 spaces to 1,120 spaces. It will also increase the number of parking spaces provided from 586 spaces to 825 spaces. The requested reduction is 295 spaces, which compared to the existing variance, represents a reduction of an additional 66 spaces. (Note that staff is recommending that the existing variance be rescinded. The requested reduction of 295 spaces replaces the existing variance of 229 spaces; it is not in addition to it.) History has shown that the parking variance was justified. Japs Olson has been operating successfully since 1997 without parking complaints or parking issues, and despite the parking variance, the parking lot is still consistently only half to two-thirds full. Attached to the report, is a letter from the Applicant detailing the number of employees working at the site. Japs-Olson currently has 614 employees working over three shifts. With the proposed addition, the total number of employees will increase to 764. The 764 employees will also be spread over three shifts in the following manner: 1st Shift: 405 employees 2nd Shift: 130 employees 3rd Shift: 229 employees Each shift has staggering start times, which will ease the need for parking during the transition between shifts. Also, many employees utilize public transportation, although an exact number is not known. Therefore, staff supports the Applicant’s request for the parking reduction and reserving 237 of the required spaces as proof of parking. Both the reduction and the proof of parking will reduce the expense of constructing and maintaining parking spaces the Applicant is convinced won’t be needed, (which is also supported by the history of successfully operating with the parking variance), and which is consistent with the City’s goal of reducing the size of parking lots when possible and practical. Bicycle Parking: City Code requires bicycle parking spaces equal to at least 10% of the required automobile parking spaces. As noted above, with the proposed reduction, 825 parking spaces are required. Therefore, 83 bicycle parking spaces are required. The plan shows 30 spaces. An additional 53 spaces must be provided, although the Applicant can show some of the spaces as proof of bicycle parking. Setbacks: The zoning ordinance requires a five foot minimum setback from property lines adjacent to streets. The proposal shows a five foot setback from the west property line, adjacent to Meadowbrook Road. It also shows a considerable setback ranging from 60 to 120 feet from Excelsior Blvd. The purpose of this setback is two-fold, to accommodate proof of parking, and to accommodate future right-of-way n eeds along Excelsior Blvd. Hennepin County has been improving Excelsior Blvd in phases over the past several years, and this section of Excelsior Blvd is anticipated to be completed within five years. City Council Meeting of June 15, 2015 (Item No. 8a) Page 6 Title: CUP Allowing Off-site Parking, Reducing Required Parking Amount, and Excavation at 7400 Excelsior Blvd Access: The access from Excelsior Blvd is an existing access that will be incorporated into the parking lot layout. Hennepin County has reviewed the plan, and accepted the access. The two driveways on Meadowbrook Road meet the distance requirement from Excelsior Blvd, and line up with the drive aisle in the parking lot. Landscaping: The landscaping ordinance requires one tree per 50 feet of site perimeter, which translates to 53 trees. The Applicant is proposing to install 56 trees. The landscaping plan shows these trees to be planted along Excelsior Blvd and Powell Road. Additional trees will be planted throughout the parking lot in the required landscaped islands. Additionally shrubs will be planted in required screening areas between the parking lot and the streets and within the landscaped islands. Stormwater: The stormwater treatment will be sized to treat runoff from the proposed parking lot (including the proof of parking), and to include the existing building on the west side of Meadowbrook Road. The runoff from the proposed building addition is not included because the Applicant has an agreement with the Minnehaha Creek Watershed District (MCWD) to divert this runoff to a treatment pond located in Hopkins. Most of the water generated by the parking lot will be pre-treated in three rain gardens located in the middle of the parking lot. The rain gardens will drain into the main treatment area located to the north and east of the parking lot. The proposed plan meets the City and MCWD requirements. The MCWD, however, is working with the Applicant to incorporate the stormwater pond into the existing wetland located to the east with the goal of providing the required stormwater treatment and enhancing the natural habitat. Therefore, the proposed plan, as shown, will be constructed only if the MCWD, in cooperation with the Applicant, does not complete the anticipated enhancements. A financial guarantee will be submitted to the City to guarantee the construction of the proposed stormwater improvements. Staff is recommending that the approved stormwater plan can be administratively replaced by a plan submitted to the City in partnership with the MCWD. Parking Reduction: City Code allows a reduction in the amount of required parking when processed in conjunction with a CUP. There are no conditions specific to this request. Consideration to a reduction is given to factors such as size of building, type of use, number of employees, expected volume and turnover of customer traffic, expected frequency and number of delivery or service vehicles, and reasonable factors pertaining to the use. As noted above, Japs Olson has successfully since 1997 with a large parking variance. Additionally given the nature of the operations and the size of the machinery in use, the parking reduction is reasonable. Attached are two letters from the Applicant that summarize the number of employees working at the site, and actual use of the parking lot during shift changes. The findings support the history and the requested reduction. City Council Meeting of June 15, 2015 (Item No. 8a) Page 7 Title: CUP Allowing Off-site Parking, Reducing Required Parking Amount, and Excavation at 7400 Excelsior Blvd Excavation: A CUP is required when more than 400 cubic yards of material are removed from a site. The construction of the parking lot will exceed this limit. The haul route to remove the material will include Excelsior Blvd to Hwy 169 or Hwy 100. No local streets will be utilized. Planning Commission Review: The Planning Commission conducted the public hearing on May 20, 2015. No comments from the public were received, and the Planning Commission recommended approval of the CUP. A copy of the meeting minutes is attached. City Council Meeting of June 15, 2015 (Item No. 8a) Page 8 Title: CUP Allowing Off-site Parking, Reducing Required Parking Amount, and Excavation at 7400 Excelsior Blvd AERIAL PHOTO City Council Meeting of June 15, 2015 (Item No. 8a) Page 9 Title: CUP Allowing Off-site Parking, Reducing Required Parking Amount, and Excavation at 7400 Excelsior Blvd RESOLUTION NO. 15-_____ A RESOLUTION RESCINDING RESOLUTION NO. 8-96 AND GRANTING CONDITIONAL USE PERMIT UNDER SECTION 36-361(h) OF THE ST. LOUIS PARK ORDINANCE CODE RELATING TO ZONING TO PERMIT OFF-SITE PARKING, SECTION 36-361(c)(1) TO ALLOW A REDUCTION IN THE AMOUNT OF REQUIRED PARKING SPACES, AND SECTION 36-79(b) TO ALLOW THE EXCAVATION OF MORE THAN 400 CUBIC YARDS OF MATERIALS ALL AT PROPERTY ZONED GENERAL INDSTRIAL (IG) LOCATED AT 7400 EXCELSIOR BLVD BE IT RESOLVED BY the City Council of the City of St. Louis Park: Findings 1. Japs-Olson Company, Mr. Robert Murphy, Chairman has made application to the City Council for a Conditional Use Permit under the following sections of the City Code pertaining to zoning: Section 36-361(h) to allow off-site parking Section 36-361(c)(1) to allow a reduction in the amount of required parking spaces Section 36-79(b) to allow the excavation of more than 400 cubic yards of material 2. The Conditional Use Permit is requested for property zoned General Industrial (IG), located at 7400 Excelsior Blvd legally described as follows, to-wit: TRACT D, REGISTERED LAND SURVEY NO. 1674, HENNEPIN COUNTY, MINNESOTA 3. The City Council has considered the advice and recommendation of the Planning Commission (Case No. 15-08-CUP) and the effect of the proposed conditional use permit on the health, safety and welfare of the occupants of the surrounding lands, existing and anticipated traffic conditions, the effect on values of properties in the surrounding area, the effect of the use on the Comprehensive Plan, and compliance with the intent of the Zoning Ordinance. 4. The Council has determined that the conditional use permit will not be detrimental to the health, safety, or general welfare of the community nor will it cause serious traffic congestion nor hazards, nor will it seriously depreciate surrounding property values, and it is in harmony with the general purpose and intent of the Zoning Ordinance and the Comprehensive Plan. 5. The contents of Planning Case File 15-08-CUP are hereby entered into and made part of the public hearing record and the record of decision for this case. City Council Meeting of June 15, 2015 (Item No. 8a) Page 10 Title: CUP Allowing Off-site Parking, Reducing Required Parking Amount, and Excavation at 7400 Excelsior Blvd Conclusion Resolution No. 8-96 is hereby rescinded, and the Conditional Use Permit to allow off-site parking, a reduction in the amount of required parking spaces, and to excavate more than 400 cubic yards of material at the location described is granted based on the findings set forth above and subject to the following conditions: 1. The number of required parking spaces is reduced to 825 spaces. This reduction is approved for the floor plan shown on Exhibit D. Any other change in use, modification, addition, or re-use of the building shall comply with parking regulations required at the time of the change. 2. The site shall be developed, used and maintained in conformance with the Official Exhibits. a. Exhibit A: Site Plan b. Exhibit B: Landscaping Plan c. Exhibit C: Lighting d. Exhibit D: Grading & Drainage Plan e. Exhibit D: Floor Plan 3. One crosswalk located mid-block on Meadowbrook Road is allowed. The crosswalk shall be installed and maintained by the property owner. 4. 83 bicycle parking spaces shall be provided. 5. The approved stormwater plan may be administratively amended by replacing the approved plan with a revised plan submitted in partnership with the Minnehaha Creek Watershed District. 6. All trucks used for excavation and removal of materials shall utilize Excelsior Blvd. 7. The site shall meet all fire lane requirements. 8. Prior to commencing land disturbing activities: a. The off-site parking shall be protected by a permanent and recorded covenant approved reviewed and approved by the City Attorney. b. A sidewalk easement shall be provided for sections of the public sidewalk located on private property. c. A financial guarantee in the amount of 125% of the estimated cost of improvements shall be submitted to ensure the completion of the landscaping, sidewalk, and stormwater improvements. d. All necessary permits must be obtained, including from the Minnehaha Creek Watershed District (MCWD). e. Approval of permits, which may impose additional requirements. 9. The applicant shall comply with the following conditions during construction: a. The site shall be kept free of dust and debris that could blow onto neighboring properties. b. Public streets shall be maintained free of dirt and shall be cleaned as necessary. c. The Zoning Administrator may impose additional conditions if it becomes necessary in order to mitigate the impact of excavation on surrounding properties. 10. In addition to any other remedies, the developer or owner shall pay an administrative fee of $750 per violation of any condition of this approval. 11. Under the Zoning Ordinance Code, this permit shall be revoked and cancelled if the building or structure for which the conditional use permit is granted is removed. 12. The City Clerk is instructed to record certified copies of this resolution in the Office of the Hennepin County Register of Deeds or Registrar of Titles as the case may be. City Council Meeting of June 15, 2015 (Item No. 8a) Page 11 Title: CUP Allowing Off-site Parking, Reducing Required Parking Amount, and Excavation at 7400 Excelsior Blvd Reviewed for Administration: Adopted by the City Council June 15, 2015 City Manager Mayor Attest: City Clerk City Council Meeting of June 15, 2015 (Item No. 8a) Page 12 Title: CUP Allowing Off-site Parking, Reducing Required Parking Amount, and Excavation at 7400 Excelsior Blvd EXCERPT OF OFFICIAL MINUTES PLANNING COMMISSION ST. LOUIS PARK, MINNESOTA May 20, 2015 – 6:20 p.m. COUNCIL CHAMBERS MEMBERS PRESENT: Robert Kramer, Lisa Peilen, Richard Person, Carl Robertson, Ethan Rickert (youth member) MEMBERS ABSENT: Lynne Carper, Claudia Johnston-Madison, Joe Tatalovich STAFF PRESENT: Alex Boyce, Ryan Kelley, Gary Morrison, Sean Walther, Nancy Sells 3. Public Hearings A. Conditional Use Permit for Off-Site Parking Location: 7400 and 7500 Excelsior Boulevard Applicant: Japs-Olson Company Case No.: 15-08-CUP Gary Morrison, Assistant Zoning Administrator, presented the staff report. He explained that the Conditional Use Permit is requested to construct an off-site parking lot, reduce the amount of required parking, and export more than 400 cubic yards of soil. He discussed the proposed expansion of the building which would require the relocation of the parking lot. Mr. Morrison reviewed all conditions related to the Conditional Use Permit request. Commissioner Rickert asked about the duration of the proposed excavation. Bruce Quam, D.J. Crans Co., project general contractor, responded that the excavation process, including rough grading, will take about one month. Chair Person opened the public hearing. As no one was present wishing to speak he closed the public hearing. Commissioner Robertson stated it is a straightforward and exciting project. He asked that before the City Council review the accessible access parking aisles be drawn at 8 ft. wide (Minn. Code) rather than 5 ft., and final parking numbers be adjusted. Commissioner Peilen said she agreed that it is exciting to see Japs Olson expand. She noted they have been in St. Louis Park a long time and it is a good project. Commissioner Robertson made a motion to recommend approval of the Conditional Use Permit subject to conditions recommended by staff. Commissioner Kramer seconded the motion, and the motion passed on a vote of 4-0. City Council Meeting of June 15, 2015 (Item No. 8a) Title: CUP Allowing Off-site Parking, Reducing Required Parking Amount, and Excavation at 7400 Excelsior BlvdPage 13 City Council Meeting of June 15, 2015 (Item No. 8a) Title: CUP Allowing Off-site Parking, Reducing Required Parking Amount, and Excavation at 7400 Excelsior BlvdPage 14 City Council Meeting of June 15, 2015 (Item No. 8a) Title: CUP Allowing Off-site Parking, Reducing Required Parking Amount, and Excavation at 7400 Excelsior BlvdPage 15 City Council Meeting of June 15, 2015 (Item No. 8a) Title: CUP Allowing Off-site Parking, Reducing Required Parking Amount, and Excavation at 7400 Excelsior BlvdPage 16 City Council Meeting of June 15, 2015 (Item No. 8a) Title: CUP Allowing Off-site Parking, Reducing Required Parking Amount, and Excavation at 7400 Excelsior BlvdPage 17 City Council Meeting of June 15, 2015 (Item No. 8a) Title: CUP Allowing Off-site Parking, Reducing Required Parking Amount, and Excavation at 7400 Excelsior BlvdPage 18 City Council Meeting of June 15, 2015 (Item No. 8a) Title: CUP Allowing Off-site Parking, Reducing Required Parking Amount, and Excavation at 7400 Excelsior BlvdPage 19 City Council Meeting of June 15, 2015 (Item No. 8a) Title: CUP Allowing Off-site Parking, Reducing Required Parking Amount, and Excavation at 7400 Excelsior BlvdPage 20