HomeMy WebLinkAbout02-112 - ADMIN Resolution - City Council - 2002/10/21•
RESOLUTION NO. 02-112
RESOLUTION APPROVING 2003 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 "District") 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 authorized 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 2003 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
IIIWHEREAS, the City is required by Statute to certify assessments to the County by
November 30, 2002
NOW THEREFORE BE IT RESOLVED by the City Council of the City of St. Louis
Park as follows:
1 The 2003 Budget for Special Service Distnct No. 1 of $126,000 is hereby
approved as recommended by the Special Service Distnct No. 1 Advisory Board.
2. The authorized 2003 Service Charge for Special Service Distnct No 1 is
$101,000 in the amounts and against the properties specified on Exhibit "A"
attached to this Resolution.
Reviewed for Administration.
Manager
Attest.
Ci Clerk
d b, th= pity Council October 21, 2002
M
CITY OF ST LOUIS PARK
Special Service District #1
Estimated Annual Cost Per Parcel
Authorized 2003 Service Charge
Resolution No. 02-112 Exhibit "A"
PAR ADDRESS OWNER PROPOSED ACTUAL ACTUAL ACTUAL
NO 2003 2002 2001 2000
SERVICE SERVICE SERVICE SERVICE
CHARGE CHARGE CHARGE CHARGE
1 3601 Park Center Boulevard PCOB Properties LLC 5,456 2,745 5,489 3 , 730
2 3601 Sth 100 South Dayton Hudson Corp 11,510 5,882 11 764 8, 068
3 3777 Park Center Boulevard Park Center Ltd 11,749 6,110 12,220 8, 465
4 5400 39th Street West AAA Minneapolis 5,925 3,006 6,012 4, 106
5 3900 Park Nicollet Boulevard Park Nicollet Health Services 4 816 2,376 4,751 3, 190
6 5500 Excelsior Boulevard Tower Place LLC 5,721 2,794 5,589 3 729
7 5200 Excelsior Boulevard Tower Place LLC 1,609 785 1,571 1, 048
8 5100 Excelsior Boulevard Park Nicollet Health Services 1,896 1,026 2,052 1, 453
9 3800 Park Nicollet Boulevard Park Nicollet Health Services 4,861 2,886 5,773 4, 281
10 3800 Park Nicollet Boulevard Park Nicollet Health Services 1,079 641 1,281 950
11 5050 Excelsior Boulevard Park Nicollet Health Services 3,548 1,860 3,720 2, 589
12 5000 Excelsior Boulevard Park Nicollet Health Services 823 423 846 582
13 4950 Excelsior Boulevard Koblas 639 316 633 926
14 4920 Excelsior Boulevard Park Nicollet Health Services 496 255 510 351
15 4916 Excelsior Boulevard Park Nicollet Health Services 736 378 756 520
16 4951 Excelsior Boulevard Park Nicollet Health Services 5,126 2,521 5,041 3, 378
17 4961 Excelsior Boulevard Intercity Investment Prop 666 346 692 480
18 4995 Excelsior Boulevard Intercity Investment Prop 861 458 917 643
19 5001 Excelsior Boulevard Intercity Investment Prop 620 322 644 446
20 5201 Excelsior Boulevard Intercity Investment Prop 8,054 4,180 8,361 5, 785
21 3700 Monterey Dnve City 0151 Louis Park 24,808 13,689 27,379 19, 587
TOTAL 6101,000 653,000 6106,000 73,806
Note
(1) The proposed 2003 service charge calculations are based upon the same methodology / formulas used for the initial
service charge collection
(2) The 2002 service charge was 5106,000 with 50% (653,000) being paid from the reserves to lower the fund balance
(3) The 2000 service charge was 6106,000 with 30% (632,194) being paid from the reserves to lower the fund balance
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CITY OF ST LOUIS PARK, MINNESOTA
SPECIAL SERVICE DISTRICT # 1
STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE
BUDGET AND ACTUAL
Quarter 2 - 2002
Revenue
Service Fees - City Property
Service Fees - Snow Hauling
Charges for Services (Special Assessments - Current)
Charges for Services (Special Assessments - Delinquent)
Interest on mvestm ents
Other payments (Park Shores)
Total Revenue
Expenditures
Equipment/Supplies
Banner Replacements
Special Signage (traffic, parking, events)
Landscape Materials (trees, shrubs, sod, etc )
Cleaning/W aste Rem oval Supplies
Legal Notices
Comp liability insurance for public space improvements
Electrical service for pedestrian lighting
Electrical service for decorative lighting
Refuse rem oval and recycling costs
Banner mstallation and removal
Low level pedestrian lighting and pole repair
Installation, maintenance and removal of decorative lighting
Cleaning, m aintenance & repair infrastructure
Landscape m aintenance services
Irrigation System maintenance and repair
Cleaning of street, sidewalk, and alley & graffiti removal
Snow and ice removal
Adm mistration / Prom otional
Contingencies
Capital Expenses
2003
2003
Budget
(Proposed)
24,808
3,000
76,192
3,500
1,933
109,433
2002
Budget
(Revised)
13,369
3,000
39,311
2,067
1,933
Resolution No. 02-112
2002
2002
Year to Date
(Actual)
3,000
967
59,680 3,967
2002
Anticipated
13,689
3,000
39,311
2,067
1,933
0
2001
2001
Actual
72,622
6,000
78,651
322
5,647
1 933
60,000 165,175
2,200 1,000 1,000
2,500 2,500 1,422
4,000
300
200
2,500
500
1,500
3,000
2,500
3,000
3,500
23,000
4,000
53,000
2,800
20,000
Total Expenditures 126,000
3,000
100
200
3,316
3,000
100
200
8 678
3,000 870 3,000 2,173
1,500
2,500
2,500
4,000
25,400
4,000
0
62,500
4,000
3,300
351
1,559
13,163
22,161
1,225
119,500 42,645
1,500
2,500
2,500
4,000
25,400
4,000
0
40,000
4,000
3,300
1,005
2,713
2,498
17,449
3,772
35 998
2,546
97,000 78,253
Revenue over (under) expenditures -16,567 -38,679 -37,000
Fund balance - January 1, 2000
Fund balance - January 1, 2001
Fund balance - January 1, 2002 175,451
2002 Service Charge adjustment 53,000
Anticipated Adusted Fund Balance - January 1, 2003 85,451
86,922
99,784
83,326
175,451