HomeMy WebLinkAbout00-144 - ADMIN Resolution - City Council - 2000/11/20RESOLUTION NO. 00-144
RESOLUTION APPROVING 2001 BUDGET
AND SERVICE CHARGES FOR
SPECIAL SERVICE DISTRICT No. 1
WHEREAS, pursuant to Ordinance No. 2067-96, the City Council created Special
Service Distnct No 1 (the "Distnct"). The specific properties located within the Distnct are
identified on Exhibit "A" attached hereto, and
WHEREAS, pursuant to Resolution No. 96-87, the City Council is authonzed to impose
service charges within the District on a multi-year basis through and including the year 2006 for
taxes payable in said year; and
WHEREAS, pursuant to Section 2 04 of Resolution No. 96-87, the maximum service
charge to be imposed in any year will be subject to adjustment calculations based on Consumer
Price Index (CPI) data for the Minneapolis/St. Paul Metropolitan Area; and
WHEREAS, an increase in the annual service charge for 2001 meets the requirements
set forth in the inflation adjustment cap, and
WHEREAS, pursuant to Section 3 of Resolution No. 96-87, the Service Charges shall
be payable and collected at the same time and in the same manner as provided for payment and
collection of ad valorem taxes; and
WHEREAS, the City is required by Statute to certify assessments to the County by
November 30, 2000.
NOW THEREFORE BE IT RESOLVED by the City Council of the City of St. Louis
Park as follows
1. The 2001 Budget for Special Service Distnct No. 1 of $119,500 is hereby
approved as recommended by the Special Service Distnct No. 1 Advisory Board.
2. The authonzed 2001 Service Charge for Special Service Distnct No. 1 is
$106,000 in the amounts and against the properties specified on Exhibit "A"
attached to this Resolution.
Reviewed for Administration:
Attest:
Cit ' Clerk
Ado
the ity • uncil November 20, 2000
Mayor
Resolution No. 00-144 -2-
CITY OF ST. LOUIS PARK, MINNESOTA
SPECIAL SERVICE DISTRICT # 1
STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE
BUDGET AND ACTUAL
Quarter 2 - 2000
Revenue
Interest on investments
Charges for services
Other payments
Service Fees
Total Revenue
2001 2000 2000 2000
Budget Budget Year to Date Anticipated
(proposed) (adopted)
41 200
80,343 80,343 80,343
967
25.657 25,657 25.657
106,000 106,000 1,007 106,200
Expenditures
Parts / Supplies 2,500 1,577 2,000
Banner replacement 1,000 1,000
Special Signage - traffic, parking, events 500
Tree and shrub replacement 1,000 1,000 150 700
Comprehensive liability insurance for public space improvements
Electncal service for pedestrian lighting 2,500 500 987 2,200
Electncal service for decorative lighting 500
Trash removal and recycling costs 1,500 1,000 240 750
Banner installation and removal 2,500 3,500 855 2,000
Low level pedestnan lighting and pole repair 1,000 500
Installation, maintenance and removal of decorative lighting 5,000
Maintenance & repair of sidewalks and related elements 5,000 5,000
Landscape maintenance services 22,500 22,500 11,120 24,000
Irrigation System maintenance and repair 3,000 2,500 1,750 2,500
Cleaning of street, sidewalk, and alley & graffiti removal 3,500 2,500 500
Snow and ice removal 62,500 62,500 25,140 40,140
Administration / Promotional 6,000 6,000 3,500
Security system installation and maintenance
Security personnel
Capital Expenses 5,000 5,000 1,000
Total Expenditures (Chargeable)
Total
Funds allocated from operating reserve to maintain current
(1) budget amount
119,500 119,500 (1) 41,819 79,290
106,000 106,000
Revenue over (under) expenditures (13,500) (13,500) 26,911
Other financing sources (uses):
Net increase In fund balance (13,500) (13,500) 26,911
Fund balance - January 1, 1999
Fund Balance adjustment for 2000
Fund balance - January 1, 2000 71,544
Capital reserve 5,000
Fund balance - Current Period 84,955 98,455
Resolution No. 00-144 -3-
CITY OF ST. LOUIS PARK
Special Service District #1
Estimated Annual Cost Per Parcel
PAR
NO
1 3601
2 3601
3 3777
4 5400
5 3900
6 5500
7 5200
8 5100
9 3800
10 3800
11 5050
12 5000
13 4950
14 4920
15 4916
16 4951
17 4961
18 4995
19 5001
20 5201
21 5005
Authorized 2001 Service Charge
ADDRESS
Park Center Boulevard
Sth 100 South
Park Center Boulevard
39th Street West
Park Nicollet Boulevard
Excelsior Boulevard
Excelsior Boulevard
Excelsior Boulevard
Park Nicollet Boulevard
Park Nicollet Boulevard
Excelsior Boulevard
Excelsior Boulevard
Excelsior Boulevard
Excelsior Boulevard
Excelsior Boulevard
Excelsior Boulevard
Excelsior Boulevard
Excelsior Boulevard
Excelsior Boulevard
Excelsior Boulevard
36th Street West
OWNER
PCOB Properties LLC
Dayton Hudson Corp
Park Center Ltd
AAA Minnecpolis
PNMC Holdings
TCrwer Place LLC
Tawer PlaoeLLC
PNMC Holdings
PNMC Holdings
PNMC Holdings
Medcenter Inc
PNMC Holdings
Koblas
Park Nicollet Medical Center
Park Nicollet Medical Center
PNMC Holdings
Intercity Investment Prop
Intercity Investment Prop
Intercity Investment Prop
Corrigan Properties
City of St Louis Park
Exhibit "A"
ACTUAL ACTUAL PROPOSED
1999 2000 2000 2001
SERVICE SERVICE SERVICE SERVICE
CHARGE CHARGE CHARGE CHARGE
(unadjusted) (adjusted)
(1) (2)
5,793 5,489 3,730 5,489
12,170 11,764 8,068 11,764
12,362 12,220 8,465 12,220
6,276 6,012 4,106 6,012
5,140 4,751 3,190 4,751
6,122 5,589 3,729 5,589
1,721 1,571 1,048 1,571
1,972 2,052 1,453 2,052
4,912 5,773 4,281 5,773
1,090 1,281 950 1,281
3,725 3,720 2,589 3,720
869 846 582 846
682 633 426 633
524 510 351 510
777 756 520 756
5,476 5,041 3,378 5,041
701 692 480 692
899 917 643 917
653 644 446 644
8,479 8,361 5,785 8,361
25,656 27,379 19,587 27,379
106,000 106,000 73,806 $106,000
Note
(1) The adjusted 2000 service charge provided the property owners with a rebate from the operation fund balance.
(2) The proposed 2001 service charge calculations are based upon the same methodology / proportions used
for the initial service charge collection