HomeMy WebLinkAbout2018/04/23 - ADMIN - Agenda Packets - City Council - Study SessionAGENDA
APRIL 23, 2018
6:00 p.m.
RECONVENE 2018 LOCAL BOARD OF APPEAL & EQUALIZATION – Council Chambers
Immediately Following LBAE
STUDY SESSION – Council Chambers
Discussion Items
1. 5 mins. Future Study Session Agenda Planning – April 30, May 7 & May 14, 2018
5 mins. Communications/Updates (Verbal)
Written Reports
2. March 2018 Monthly Financial Report
3. First Quarter Investment Report (Jan – Mar 2018)
4. Bridgewater Bank Application for Tax Increment Financing Assistance
5. 2018/2019 Neighborhood Grants
6. Update on 2018 Hennepin County Infrastructure Projects
7. SWLRT Update – April 2018
8. Building Readiness for Smart Cities
9. Update on Activities/Initiatives in Historic Walker-Lake Area
10. Update - Modifications of Wooddale Bridge at Highway 7
11. Removal of Weight Restrictions on Various Streets
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.
(Councilmember Hallfin Out)
2018 Local Board of Appeal and Equalization
Reconvene – April 23, 2018
City Council Chambers
PROPOSED AGENDA
1. Reconvene the St. Louis Park Local Board of Appeal and Equalization
2. Roll Call – Declaration of Quorum
3. Acknowledgement of Trained Members (Brausen)
4. Acknowledgement of Assessing Staff Members in Attendance
5. Review of Properties in Appeal
a. Board Action - Where Petitioner & Assessing Staff are Not in Agreement
b. Board Action - Where Petitioner & Assessing Staff are in Mutual Agreement
c. Board Action - Where Petitioner has withdrawn, denied access or presented no case
d. Board Action – Requests for late addition to roster.
Each valuation and/or classification resolution must be individually read into the record.
Where mutual agreement has been reached, the group may be approved by the Board in
one action per DOR direction (April 2016).
6. Instruct Assessor to Complete Record of Changes for Submittal
7. Instruct Assessor to Inform Petitioners of Board Action via Mail
8. Complete the Local Board of Appeal and Equalization Certification Form
9. Adjourn if Board business is completed
Reconvene Meeting of April 23, 2018 Page 2
Title: 2018 Local Board of Appeal and Equalization
BACKGROUND for the 2018 St. Louis Park Local Board of Appeal and Equalization
All property owners are entitled to the right of appeal regarding their classification and market
value. The City is required by statute to conduct a Local Board of Appeal & Equalization
meeting to hear appeals, or open book meeting or transfer the Board to the County.
The focus of the board is on: the property classification which is determined by the property’s
use; and, the market value which is based on the characteristics of the real estate and market
conditions as of the date of the assessment (January 2, 2018). Minnesota statute requires that all
properties are assessed at full market value. The two dominant definitions of market value are:
MN Statute 272.03 – “Market value” means the usual selling price at the place where the
property to which the term is applied shall be at the time of assessment; being the price
which could be obtained at a private sale or an auction sale, if it is determined by the
assessor that the price from the auction sale represents an arm’s length transaction. The
price obtained at a forced sale shall not be considered.
Appraisal Institute – The most probable price, as of a specified date, in cash or in terms
equivalent to cash, or in other precisely revealed terms, for which the specified property
rights should sell after reasonable exposure in a competitive market under all conditions
requisite to a fair sale, with the buyer and seller each acting prudently, knowledgeably,
and for self-interest, and assuming that neither is under undue duress. (The Appraisal of
Real Estate, 13th Edition, Appraisal Institute [2008], page 23)
The Board convened on April 9, 2018 at which meeting a total of seventy-six (76) parcels were
recognized to be under appeal. The Board set the process and chose to reconvene April 23 to
hear the merit of each appeal and to rule on them.
A few housekeeping observations are made for the reference of the board.
•One trained and certified Board member (Brausen) must be present at each meeting the
Board is in session. Best practice is for multiple trained members.
•It is essential that the Board rules on each question before it and likewise that the Board
recognizes that it can reduce, sustain or increase valuations as deemed necessary.
•The time window for the board to conclude business is 20 days after convening (deadline
for completion is April 28, 2018).
•Prior to adjourning the board should instruct the assessor to submit a record of their
actions on the Department of Revenue required form.
•Finally, the Local Board of Appeal Certification Form must be signed at each Board
meeting by all Board members present.
Background to Valuation Methodologies: The statistical modeling associated with the mass
assessment accommodates variations between neighborhoods, within neighborhoods and
includes consideration of location, age, style, size, finish materials, condition, updating, etc.
depending on the information available. The Local Board process differs from mass valuation
modeling in that the assessing staff refines the analysis by direct comparison of the property
under appeal to the market indications. As part of the informal review process, staff frequently
re-inspects properties to review the accuracy of our data. Adjustments and valuation change
orders have been made where necessary prior to the Board.
Reconvene Meeting of April 23, 2018 Page 3
Title: 2018 Local Board of Appeal and Equalization
In cases where the revaluation does not result in a conclusion satisfactory to the appellant, the
appeal process has been outlined. As such, the Local Board depends on active participation from
all parties involved including the property owner, assessing staff and the board members. All
property owners are requested to state their basis of appeal, their opinion of the market value and
informed that they may present information supporting their opinion of value and/or
classification. The assessing staff in turn re-inspects the property and/or visits with the owner in
order to verify the physical characteristics forming the analysis basis followed by a re-appraisal
of the subject property. Staff also engages the owner in discussion to review the appeal
question(s) and to reach agreement where possible before the board reconvenes.
Focal Points for the Board – Agenda as Indicated on Cover Sheet, decisions on:
1.Board Action – Four (4) appeals have not been resolved to a mutual agreement
between the property owner and assessing staff. It is requested that the Board hear and
decide the merits of each case. We have informed each property owner that the Board
commonly allows 5-10 minutes for presentation followed by a 3-5 minute presentation by
the assessing staff. The Board may adjust these time allowances as needed.
2. Board Action – Sixty-seven (67) appeals have been reviewed with the result that the
property owner and assessing staff have reached a mutually acceptable valuation (no
classifications were appealed). It is requested that the resolution for each parcel be read
into the record after which the Board may take action to affirm the mutually agreed upon
valuations for this group.
3.Board Action – for cases where the petitioner has denied access, withdrawn or declined to
present a case. Five (5) appeals fit this category: one (1) has not responded; three (3)
have withdrawn and one (1) has reported intent on Local Board roster so they are
eligible for the Hennepin County Board.
4.Board Response – Two (2) property owners contacted the assessing office after the
meeting of April 9 definitively stating their desire to appeal. We ask that the Board
make a determination whether to accept the late request. As assessing staff has not had an
opportunity to inspect or re-appraise the parcels, it is suggested that they be logged onto
the roster with no change – doing so preserves their right to appeal at the county level.
Following your decision, each property owner will be notified via letter of the Board action and
to remind them that they are eligible to appeal to the County Board. The Hennepin County
Board of Appeal and Equalization begins June 11, 2018. An application is required no later than
May 16th and the potential appellants have been informed to keep the timeline in mind. To
appear before the County Board, all appellants must first have appealed to the St. Louis Park
Board of Appeal and Equalization. Property owners may also appeal directly to the Minnesota
State Tax Court.
Thank you for serving on the Board.
Prepared by: St. Louis Park Assessing Staff
Cory Bultema, City Assessor
Reconvene Meeting of April 23, 2018 Page 4
Title: 2018 Local Board of Appeal and Equalization
Tab Summary
Background & Focal Points for the Board
Tab 1: Overview of All Appeals for Board Action
(Agenda and appeal overview will be handed out to the Board for the meeting)
Tab 2: Betsinger-Kennedy Appeal – Staff Report
(owner did not supply materials for the Board report)
Tab 3: Mense Appeal – Staff Report
(owner did not supply materials for the Board report)
Tab 4: Pederson Appeal – Owner Submittal
Tab 5: Pederson Appeal – Owner Submittal (Appraisal Report)
Tab 6: Pederson Appeal – Staff Report
Tab 7: 36 Park LLC (The Verge Apartments) Appeal – Staff Report
Reference 2018 Appealed Assessing Owner Board
Name Property Address Property ID #2017 Value Classification 2018 Value Revaluation Indicated Action
Marjorie Kennedy 9109 Westmoreland La 06-117-21-34-0021 483,500 R-Residential(H)554,700 541,000 525,000
Elaine Mense 6712 Cedar Lake Rd 08-117-21-11-0077 248,700 R - Residential (H)265,500 254,000 Board
Seymour Pederson 2513 Princeton Ct 31-029-24-24-0012 310,500 Y-Townhouse(H)341,500 Sustain 300,000
36 Park LLC 3601 Park Center Blvd 06-028-24-33-0019 42,240,000 A - Apartment 48,192,000 46,080,000 < 45,000,000
Angela Jirak 1344 Jordan Ave S 01-117-22-41-0010 183,500 R-Residential(H)228,800 210,000 Agree
Christopher Muske 1605 Utah Ave S 05-117-21-33-0053 519,000 R-Residential(H)534,700 517,700 Agree
Michael Holmes 1354 Hampshire Ave S 05-117-21-42-0009 271,000 R- Residential (N)289,000 282,000 Agree
Frank Abramson 9101 Westmoreland La 06-117-21-34-0022 520,200 R-Residential(H)597,800 520,000 Agree
Gregg Savitt 8921 Westmoreland La 06-117-21-34-0026 535,900 R-Residential(H)618,800 560,000 Agree
Gregory Meredith 8506 Westmoreland La 06-117-21-43-0013 440,200 R-Residential(H)506,000 480,000 Agree
Theresa Lamers 8133 18th St W 06-117-21-44-0009 526,900 R- Residential (H)609,900 550,000 Agree
Charles Singer 8120 18th St W 06-117-21-44-0065 401,900 R - Residential (H)462,800 420,000 Agree
David Windhorst 1660 Utah Dr 06-117-21-44-0066 426,800 R-Residential(H)489,000 370,000 Agree
Sarah Foulkes 8243 Westwood Hills Cur 07-117-21-11-0073 429,000 R-Residential (H)498,300 451,000 Agree
Diane Tsurutani 8254 Westwood Hills Cur 07-117-21-11-0096 351,900 R - Residential (H)428,800 390,000 Agree
Thomas O'Meara 2851 Cavell Ave S 07-117-21-34-0016 340,900 R - Residential (H)367,200 330,000 Agree
Shaina Ashare 8610 29th St W 07-117-21-43-0019 583,100 R-Residential (H)625,800 595,000 Agree
David Carlson 7006 23rd St W 08-117-21-13-0033 229,200 R-Residential(H)249,300 235,000 Agree
Pushpa Leadholm 2235 Quebec Ave S 08-117-21-22-0034 479,100 R - Residential (H)526,900 479,100 Agree
Cory Nutz 2516 Sumter Ave S 08-117-21-32-0023 319,600 R - Residential (H)369,900 350,000 Agree
Leona Sottosanti 2736 Webster Ave S 09-117-21-31-0037 309,100 R- Residential (N)365,200 325,000 Agree
Roy Falness 2718 Yosemite Ave S 09-117-21-31-0172 333,700 R- Residential (H)373,800 355,000 Agree
Allison DeCamillis 2918 Vernon Ave S 09-117-21-34-0003 210,800 R- Residential (H)231,700 222,500 Agree
Milton Liu 2905 Alabama Ave S 09-117-21-34-0202 258,800 R - Residential (N)304,500 270,000 Agree
T Allen & J Breitsprecher 3501 Pennsylvania Ave S 17-117-21-31-0011 433,300 R-Residential (H)585,800 560,000 Agree
Jennifer Hamm 3037 Cavell Ave S 18-117-21-21-0026 381,500 R- Residential (H)550,000 475,000 Agree
Michael Holmes 9300 Minnetonka Blvd 18-117-21-22-0023 194,600 R- Residential (N)205,100 Sustain Agree
ROSTER - City of St. Louis Park Local Board of Appeal and Equalization - Reconvene April 23, 2018
Reconvene Meeting of April 23, 2018
Title: 2018 Local Board of Appeal and Equalization Page 5
Reference 2018 Appealed Assessing Owner Board
Name Property Address Property ID #2017 Value Classification 2018 Value Revaluation Indicated Action
ROSTER - City of St. Louis Park Local Board of Appeal and Equalization - Reconvene April 23, 2018
Ocbe Sahle 2917 Independence Ave S 18-117-21-22-0047 267,000 R - Residential (H)300,900 285,000 Agree
Margaret Anderson 3161 Hillsboro Ave S 18-117-21-22-0132 324,800 R - Residential (H)370,400 345,000 Agree
Sue Budd 3204 Hillsboro Ave S 18-117-21-23-0063 370,300 R - Residential (H)407,200 397,000 Agree
Dana Nemer 8918 Minnehaha Cir N 18-117-21-31-0007 355,000 R - Residential (H)355,000 340,000 Agree
Daniel Cragg 4154 Xenwood Ave S 21-117-21-31-0131 383,500 R - Residential (H)403,000 350,000 Agree
Craig & Alexis Bloomstrand 5616 Vermont St 21-117-21-34-0035 384,500 R - Residential (H)528,100 494,000 Agree
Priscilla Lord 3625 Glenhurst Ave 06-028-24-44-0020 456,000 R - Residential (H)487,500 455,000 Agree
Seth Haight 3615 Inglewood Ave S 06-028-24-44-0070 839,200 R - Residential (H)903,800 Sustain Agree
Michael Bader 3736 France Ave S 06-028-24-44-0144 443,800 R-Residential(H)476,100 450,000 Agree
Kevin Heinzen 3940 Kipling Ave S 07-028-24-12-0132 547,800 R-Residential(H)547,800 536,000 Agree
Gretchen Stedman 4220 Utica Ave S 07-028-24-32-0203 266,300 R - Residential (H)279,200 258,000 Agree
Charles Adair 4354 Coolidge Ave 07-028-24-33-0037 696,600 R-Residential (H)747,100 725,000 Agree
Joseph Mahoney 4366 Browndale Ave 07-028-24-33-0056 643,200 R-Residential(H)691,000 670,000 Agree
Susan Forstrom 4363 Dart Ave 07-028-24-34-0060 388,500 R - Residential (H)421,500 388,500 Agree
Margaret Solomon 2125 Glenhurst Rd 30-029-24-44-0027 378,100 R-Residential(H)434,800 360,000 Agree
Randall Lofgren 2541 Lynn Ave S 31-029-24-13-0016 304,900 R- Residential (H)385,200 330,000 Agree
Susan Schneck 3912 25th St W 31-029-24-14-0039 851,700 R-Residential(H)887,700 830,000 Agree
Toni Dachis 4000 25th St W 31-029-24-14-0068 1,434,300 R - Residential (H)1,617,900 1,500,000 Agree
Tom Schmitz 2571 Vernon Ave S 31-029-24-23-0019 384,300 R-Residential (H)435,700 415,000 Agree
Carol Becker 2780 Utica Ave S 31-029-24-32-0041 295,800 R- Residential (H)344,700 324,000 Agree
Larry & Gail Gresser-Pitsch 2633 Huntington Ave S 31-029-24-41-0075 409,700 R-Residential(H)449,100 429,000 Agree
Gary Weinstein 2732 Monterey Ave S 31-029-24-42-0025 458,300 R-Residential(H)517,300 488,000 Agree
Jerry Steiner 3911 24th St W 31-029-24-14-0029 405,000 LR - Res Land 405,000 375,000 Agree
Carol Curoe Rev Trust 2938 Monterey Ave S 31-029-24-43-0099 392,800 Y-Townhouse(H)404,500 375,000 Agree
Corporate Propertes One LLC 3000 Raleigh Ave S #201 06-028-24-22-0064 190,300 X - Condo (N)190,300 183,000 Agree
Tim Walters 3707 Grand Way #202 06-028-24-34-0055 265,600 X - Condo (RH)291,500 280,000 Agree
Michael Stotesbery 3707 Grand Way #205 06-028-24-34-0057 307,200 X-Condo (N)337,200 319,500 Agree
Reconvene Meeting of April 23, 2018
Title: 2018 Local Board of Appeal and Equalization Page 6
Reference 2018 Appealed Assessing Owner Board
Name Property Address Property ID #2017 Value Classification 2018 Value Revaluation Indicated Action
ROSTER - City of St. Louis Park Local Board of Appeal and Equalization - Reconvene April 23, 2018
Jim Vos 4820 Park Commons Dr #329 07-028-24-21-0236 93,800 X - Condo (N)123,400 118,000 Agree
Randi Rood 4730 Park Commons Dr #120 07-028-24-21-0268 318,900 X-Condo(H)348,500 325,000 Agree
Susan Oltrogge 4730 Park Commons Dr #212 07-028-24-21-0284 318,900 X-Condo(H)348,500 325,000 Agree
Diane Cowdery 4730 Park Commons Dr #221 07-028-24-21-0290 382,300 X-Condo(H)472,200 430,000 Agree
Robert Falk 4730 Park Commons Dr #225 07-028-24-21-0292 515,900 X-Condo(H)563,800 485,000 Agree
Mary Porter 4730 Park Commons Dr #227 07-028-24-21-0293 426,400 X-Condo(H)466,000 430,000 Agree
J & M Rice 4730 Park Commons Dr #321 07-028-24-21-0311 428,300 X-Condo(H)468,100 430,000 Agree
Gene & Joyce Luckfield 4730 Park Commons Dr #325 07-028-24-21-0313 511,700 X-Condo(H)559,200 490,000 Agree
Jody Winger 4730 Park Commons Dr #327 07-028-24-21-0314 430,400 X-Condo(H)470,400 440,000 Agree
Bryan Song 4730 Park Commons Dr #409 07-028-24-21-0324 400,300 X-Condo(H)437,400 394,000 Agree
Ruth & David Bowman 4730 Park Commons Dr #412 07-028-24-21-0326 324,600 X-Condo(H)354,700 335,000 Agree
Marshall & Joan Blizzard 4730 Park Commons Dr #425 07-028-24-21-0334 517,600 X-Condo(H)565,700 495,000 Agree
Dana Boomhower 4730 Park Commons Dr #427 07-028-24-21-0335 391,900 X-Condo(H)428,300 420,000 Agree
Betsy Rochon 3980 Wooddale Ave #101 07-028-24-23-0182 534,400 X - Condo (H)555,700 Sustain Agree
Anderson & Wright 3974 Wooddale Ave #302 07-028-24-23-0193 551,000 X - Condo (H)572,900 463,400 Agree
Kelly Ryman 2170 Ridge Dr #21 09-117-21-21-0270 118,800 X-Condo (H)122,600 Sustain Agree
Connor Kolodge 3251 Louisiana Ave S #320 17-117-21-42-0164 320,100 X - Condo (H)388,500 350,000 Agree
Stephen May 3901 Joppa Ave S 07-028-24-11-0080 451,900 R - Residential (H)485,400 No Access No Response
Andy Dick 3136 Texas Ave S 18-117-21-11-0076 201,000 R - Residential (H)221,000 No Access Withdraw
James Cooke 3619-21 Rhode Island Ave S 17-117-21-33-0153 275,800 DB - Duplex 303,300 320,000 Withdraw
Karen LeMay Coggins 4045 Vernon Ave 07-028-24-23-0118 142,000 C - Commercial 149,000 Sustain Withdraw
MMP (by representative)1400 Zarthan Ave S 04-117-21-32-0089 6,890,000 C - Commercial 7,102,000 No Access To County
Late requests for addition to the roster:
G & R Zipoy Liv Tr 3808 Joppa Ave S 07-028-24-12-0003 243,100 R - Residential (H)510,800 N/A
Stephen Crump 4115 Sunset Blvd 31-029-24-44-0025 569,300 R - Residential (H)609,900 N/A
Reconvene Meeting of April 23, 2018
Title: 2018 Local Board of Appeal and Equalization Page 7
2018 Local Board of Appeal and Equalization
Douglas R. Betsinger
Marjorie P. Kennedy
9109 Westmoreland La
06-117-21-34-0021
2018 Assessed Value: $554,700
Recommendation: $541,000
This report is not an appraisal as defined in M.S. § 82B.02 (subd.3) nor does it comply with the Uniform Standards of
Professional Appraisal Practice. It is intended to be used as a reference only and any use other than its intended use is
prohibited and unlawful. The author does not represent this to be an appraisal and is not responsible for any inappropriate use.
It is a report of public records using a mass appraisal technique.
Reconvene Meeting of April 23, 2018
Title: 2018 Local Board of Appeal and Equalization Page 8
City of St. Louis Park
Assessing Department
2018 Local Board of Appeal and Equalization
Staff Report
Douglas R. BetsingerProperty Owner(s):
Marjorie P. Kennedy
9109 Westmoreland La Property Address:
06-117-21-34-0021PID #:
Market Value
$554,700Assessment Year 2018
$483,500Assessment Year 2017
$417,800Assessment Year 2016
Sale:July 11, 2016 - 525,000 (01 - Warranty Deed)
Assessor Recommendation:
$541,000
Appraiser:
LC March 22, 2018
Last Inspection Date:
Comments:
The subject is a two story style home ranked as good condition and well maintained. The entry
features heated marble tile flooring. In 2015 the kitchen was remodeled with new custom
cabinetry, granite counter tops and glass tile backsplash. Recessed lighting throughout, living
room features built in shelving and a new gas fireplace in 2007. The upper level main bath was
remodeled in 2010 with a new vanity, granite counter top, lighting, tile flooring and tile for the
bath/shower surround. Master three quarter bathroom was remodeled in 2006 with new materials.
This home also features a large indoor sport court.
The property is located in the Westwood Hills neighborhood on a premier street. An open market
sale of the property took place on July 11, 2016 with a purchase price of $525,000.
There are three (3) primary sales comparables selected for the review presentation this year. These
comparables include similar and competing properties which have recently sold in the subjects
market area with similar attributes and location.
The comparables, prior to adjustment, indicate a median value of $255.32 per square foot.
Adjustments include:
- time trends to the January assessment date at a city wide rate of 7.06%
- an adjustment was warranted to comparable #3 for overall condition and actual age, this property
brackets the subjects above grade square footage
- nominal consideration to area above grade associated with style as two story vs one story,
comparable #2 was utilized which was a one story located on the same street as the subject
2018 Board of Appeal and Equalization
Reconvene Meeting of April 23, 2018
Title: 2018 Local Board of Appeal and Equalization Page 9
- adjustments were warranted for floor area differences above grade to comparables #3 and #4
- adjustments were warranted to all three comparables for basement finish below grade areas and
walkout basements
- nominal adjustments for garage stall count and other features such as fireplace, swimming pool,
sport court, deck, patios and porches
Based on the subject's physical attributes, location on Westmoreland Lane and numerous sales
within the subject's market area, recommendation for 2018 valuation is at $541,000.
2018 Board of Appeal and Equalization
Reconvene Meeting of April 23, 2018
Title: 2018 Local Board of Appeal and Equalization Page 10
Subject Data Summary
PID #:06-117-21-34-0021
Property Address:9109 Westmoreland La
St. Louis Park, MN 55426
Multiple Address:No
Lot/Block:003/002
Addition:Westwood Estates 2nd Addition
Legal(120):
Owner(s):Douglas R Betsinger
Marjorie P Kennedy
Property Classification:Residential - Homestead
2018 EMV:554,700
2017 EMV:483,500
2016 EMV:417,800
Last Sale:7/11/2016 - 525,000 - Warranty Deed - 01
Lot Size:15,651 Sq.Ft. / .36 Acres
Zoning:R1
Dwelling Type:Single Family
Style:Two Story
Bedrooms:4
Baths:4
Actual Year Built:1977
Gross Building Area:2,576
Basement Area:1,003
Bsmt Finished %:66
Garage #1:2 Car Tuck Under
Garage #2:None
2018 Board of Appeal and Equalization
Reconvene Meeting of April 23, 2018
Title: 2018 Local Board of Appeal and Equalization Page 11
Additional Subject Photos
Front View'18
2018 Board of Appeal and Equalization
Reconvene Meeting of April 23, 2018
Title: 2018 Local Board of Appeal and Equalization Page 12
Sales Comparables
Comparable 1
Comparable 2
Comparable 3
2018 Board of Appeal and Equalization
Reconvene Meeting of April 23, 2018
Title: 2018 Local Board of Appeal and Equalization Page 13
Sales Comparables
Subject Comparable 1 Comparable 2 Comparable 3Item
0711721110015 0611721340033 0711721110090
2056 Virginia Ave S 8733 Westmoreland La 8206 Westwood Hills Cur
82
0004 0004 0004
04 04 04
$520,000 $525,000 $699,000
10/07/2016 04/27/2017 10/26/2016
$519,325
2017 / 1 2018 / 1 2017 / 1
$238.97 $255.32 $261.31
Single Family Single Family Single Family
Two Story One Level/Rambler Two Story
15,595 10,800 11,248
1962 1967 2016
1967 1987 2016
B06 B06 B06
1,280 2,034 1,175
2,176 2,034 2,675
3,155 3,865 3,674
1,088 2,034 1,175
90 %90 %85 %
4 4 4
4 4 4
704 528 598
3 2 2
Attached Attached Attached
3 2 2
Central Central Central
612
3 1 2
256 460
238 384 168
PID
Address
Weight
Neighborhood
District
Sale Price
Sale Date
Cash Equivalent
Year / Version
Price Per Sq. Ft.
Dwelling Type
Style
Property Area
Actual Age
Effective Age
Quality Class
1st Floor Area
Total GBA
Finished Area
Basement Area
Basement Finished (%)
1st Floor Clear Ht
Total Bedrooms
Total Bathrooms
Garage 1 Floor Area
Garage 1 # of Cars
Garage 1 Placement
Total # of Cars
Walkout Type
Air Conditioning
Pool Area-Total
Fireplaces
Deck Area-Total
Porches
Dormer Length
River
Lake
Influences
0611721340021
9109 Westmoreland La
0004
04
$525,000
07/11/2016
2018 / 1
$203.80
Single Family
Two Story
15,651
1977
1977
B06
1,568
2,576
3,238
1,003
66 %
4
4
400
2
Tuck Under
2
Standard Walkout
Central
1
500
2018 Board of Appeal and Equalization
Reconvene Meeting of April 23, 2018
Title: 2018 Local Board of Appeal and Equalization Page 14
CEDAR LAKE R
DTEXAS AVE SFLAG AVE SVIRGINIA CIR N
VIRGINIA CIR S
FRANKLIN AVE
W
WESTWOODHILLSDR
WE STM O R E L A NDLN
22ND ST W
U
TAHDRS
UTAH AVE S22ND LN WINDEPENDENCEAVES VIRGINIAAV
E
S
24TH CT WFAIRWAY LNWESTWOO
D
HILLS RD
24TH PL W
TEXAS CIR
SVERMONTAVE
CAVELL AVE S18TH ST WFLAGAVES23RD ST W
FRANKLIN AVE W
WAYZATA BLVD
GETTYSBURGAVES16TH ST W
DECATUR AVE S16T H S T W
22ND ST W
24TH ST WINDEPENDENCEAVE394 VIRGINIA AVE S14TH ST W
23RD
ST W
23RD ST W UTAH AVE SWISCONS
IN
AVEWESTWOODHILLSCRV
18TH ST W FRANKLIN AVE WXYLON AVE SComparables for9109 Westmoreland La
Subject
Comparable
750
Feet
Subject9109 Westmoreland La
Comparable 12056 Virginia Ave S
Comparable 38206 Westwood Hills Cur
Comparable 28733 Westmoreland La
Reconvene Meeting of April 23, 2018
Title: 2018 Local Board of Appeal and Equalization Page 15
2018 Local Board of Appeal and Equalization
Elaine D. Mense
6712 Cedar Lake Rd
08-117-21-11-0077
2018 Assessed Value: $265,500
Recommendation: $254,000
This report is not an appraisal as defined in M.S. § 82B.02 (subd.3) nor does it comply with the Uniform Standards of
Professional Appraisal Practice. It is intended to be used as a reference only and any use other than its intended use is
prohibited and unlawful. The author does not represent this to be an appraisal and is not responsible for any inappropriate use.
It is a report of public records using a mass appraisal technique.
Reconvene Meeting of April 23, 2018
Title: 2018 Local Board of Appeal and Equalization Page 16
City of St. Louis Park
Assessing Department
2018 Local Board of Appeal and Equalization
Staff Report
Elaine D. MenseProperty Owner(s):
6712 Cedar Lake Rd Property Address:
08-117-21-11-0077PID #:
Market Value
$265,500Assessment Year 2018
$248,700Assessment Year 2017
$236,900Assessment Year 2016
Sale:No current sales exist
Assessor Recommendation:
$254,000
Appraiser:
CB March 28, 2018
Last Inspection Date:
Comments:
The subject is a single-family home originally built in 1941; addition in 2005 (11x14) at grade
(kitchen/storage) and basement (3/4 bath and bedroom). Garage conversion to tandem in 2009 -
viewed as slightly superior utility versus a typical one stall garage. Condition is ranked as slightly
above average relative to age.
Subject is located on Cedar Lake Road and owner notes there is an apartment building nearby -
comparable selection has been made accordingly. The comparables, prior to adjustment, reflect a
median value of $184.05 per square foot (in a range of $166.67 to $211.89 per square foot).
Adjustment overview:
- time trend to January 2, 2018 at 7.0% (city-wide and neighborhood change rate are similar);
- larger lot areas for comparables #1 and #2 are superior versus the subject;
- condition rank and size at/above grade for comparables #2 and #4;
- basement size and finish warranted nominal adjustment;
- comparables #2 and #3 are one bathroom homes;
- all comparables are inferior one-stall garages, adjustment reduced by subject tandem design; and
- nominal adjustments for other features including fireplaces, decks and porches.
The recommendation is based on the subject attributes and reviewing competitive homes within
the immediate area.
2018 Board of Appeal and Equalization
Reconvene Meeting of April 23, 2018
Title: 2018 Local Board of Appeal and Equalization Page 17
Subject Data Summary
PID #:08-117-21-11-0077
Property Address:6712 Cedar Lake Rd
St. Louis Park, MN 55426
Multiple Address:No
Lot/Block:010/004
Addition:Supreme Park First Division
Legal(120):INCL 1&2 OF ADJ ALLEY VAC
Owner(s):Elaine D Mense
Property Classification:Residential - Homestead
2018 EMV:265,500
2017 EMV:248,700
2016 EMV:236,900
Last Sale:No current sales exist.
Lot Size:6,638 Sq.Ft. / .15 Acres
Zoning:R2
Dwelling Type:Single Family
Style:1 1/2
Bedrooms:3
Baths:2
Actual Year Built:1941
Gross Building Area:1,418
Basement Area:1,081
Bsmt Finished %:50
Garage #1:2 Car Attached Tandem
Garage #2:None
2018 Board of Appeal and Equalization
Reconvene Meeting of April 23, 2018
Title: 2018 Local Board of Appeal and Equalization Page 18
Additional Subject Photos
Front View 4/7/15
Rear View 4/7/15
2018 Board of Appeal and Equalization
Reconvene Meeting of April 23, 2018
Title: 2018 Local Board of Appeal and Equalization Page 19
Additional Subject Photos
Rear View
ktch- 4/7/15
2018 Board of Appeal and Equalization
Reconvene Meeting of April 23, 2018
Title: 2018 Local Board of Appeal and Equalization Page 20
Sales Comparables
Comparable 1
Comparable 2
Comparable 3
2018 Board of Appeal and Equalization
Reconvene Meeting of April 23, 2018
Title: 2018 Local Board of Appeal and Equalization Page 21
Sales Comparables
Subject Comparable 1 Comparable 2 Comparable 3Item
0811721110077 0811721110003 0811721110051 3102924320017
6712 Cedar Lake Rd 6605 Cedar Lake Rd 6500 Cedar Lake Rd 2620 Utica Ave S
84 84 80
0008 0011 0008 0021
02 02 02 11
$288,000 $242,500 $310,000
10/07/2016 04/18/2017 06/14/2017
$235,225
2018 / 1 2017 / 1 2017 / 1 2018 / 1
$185.33 $182.77 $211.89
Single Family Single Family Single Family Single Family
1 1/2 1 1/2 1 1/2 1 1/2
6,638 16,398 17,544 5,720
1941 1949 1950 1940
1970 1975 1960 1975
B08 B07 B07 B07
1,081 1,112 858 1,004
1,418 1,554 1,287 1,463
1,959 1,943 1,716 1,965
1,081 972 858 1,004
50 %40 %50 %50 %
3 3 3 3
2 2 1 1
408 396 240 240
2 1 1 1
Attached Tandem Attached Attached Detached
2 1 1 1
Central Central Central Central
2 1
180
120
Thru Street Thru Street Thru Street Highway/Freeway
PID
Address
Weight
Neighborhood
District
Sale Price
Sale Date
Cash Equivalent
Year / Version
Price Per Sq. Ft.
Dwelling Type
Style
Property Area
Actual Age
Effective Age
Quality Class
1st Floor Area
Total GBA
Finished Area
Basement Area
Basement Finished (%)
1st Floor Clear Ht
Total Bedrooms
Total Bathrooms
Garage 1 Floor Area
Garage 1 # of Cars
Garage 1 Placement
Total # of Cars
Walkout Type
Air Conditioning
Pool Area-Total
Fireplaces
Deck Area-Total
Porches
Dormer Length
River
Lake
Influences
2018 Board of Appeal and Equalization
Reconvene Meeting of April 23, 2018
Title: 2018 Local Board of Appeal and Equalization Page 22
Sales Comparables
Comparable 4
2018 Board of Appeal and Equalization
Reconvene Meeting of April 23, 2018
Title: 2018 Local Board of Appeal and Equalization Page 23
Sales Comparables
Item Comparable 4Subject
0811721110077
6712 Cedar Lake Rd
0008
02
2018 / 1
Single Family
1 1/2
6,638
1941
1970
B08
1,081
1,418
1,959
1,081
50 %
3
2
408
2
Attached Tandem
2
Central
180
Thru Street
PID
Address
Weight
Neighborhood
District
Sale Price
Sale Date
Cash Equivalent
Year / Version
Price Per Sq. Ft.
Dwelling Type
Style
Property Area
Actual Age
Effective Age
Quality Class
1st Floor Area
Total GBA
Finished Area
Basement Area
Basement Finished (%)
1st Floor Clear Ht
Total Bedrooms
Total Bathrooms
Garage 1 Floor Area
Garage 1 # of Cars
Garage 1 Placement
Total # of Cars
Walkout Type
Air Conditioning
Pool Area-Total
Fireplaces
Deck Area-Total
Porches
Dormer Length
River
Lake
Influences
1711721120079
3025 Louisiana Ave S
82
0019
09
$225,000
05/05/2017
2017 / 1
$166.67
Single Family
1 1/2
5,122
1953
1965
B07
900
1,350
1,800
900
50 %
3
2
308
1
Detached
1
Central
96
Thru Street
2018 Board of Appeal and Equalization
Reconvene Meeting of April 23, 2018
Title: 2018 Local Board of Appeal and Equalization Page 24
MINNETONKA BLVD
27TH ST W
ALABAMA AVE SFLORIDA AVE SGEORGIA AVE SIDAHO AVE SJERSEY AVE SKENTUCKY AVE SPARK PLACE BLVD S25 1/2 ST W
MARYLAND AVE S16TH ST W
23RD ST W ELIOT VIEW RDUTICAAVESWEBSTER AVE SNEVADA AVE S24TH ST W 18TH ST WGAMBLE DR
KENTUCKYLN RIDGE DRBLACKSTONE AVE SSTEPHENS DRHAMPSHIRE AVE SPARKDALE DR
OREGON AVE SLOUISIANA CTS
PENNSYLVANIA AVE SBLACKSTONE AVE SYOSEMITE AVE S29TH ST WMARYLAND AVE S31ST ST W32ND ST W
26TH ST W
31ST ST WPENNSYLVANIAAVE
S
UTICA AVE S18TH ST W
ZARTHAN AVE SALABAMA AVE SDAKOTA AVE SGEORGIAAVESYOSEMITE AVE SPENNSYLVANIA AVE SXENWOOD AVE S22ND ST W
16TH ST W
18TH ST W
BLACKSTONE AVE SFRANKLIN AVE W
26TH ST WHAMPSHIRE AVE S16TH ST W
JERSEY AVE SLAKE ST WCOLORADO AVE SOREGON AVE SEDGEWOOD AVE SDAKOTA AVE SBRUNSWICK AVE SKENTUCKY AVE SWAYZATA BLVD
22ND
S
T
W
28TH ST WPARKPL
A
C
E
BLVD
S
FLORIDA AVE S31ST ST W EDGEWOOD AVE S26TH ST WNEVADA AVE SDAKOTA AVE S16TH ST W
VERNON AVE SFLORIDA AVE SOREGON AVE SZARTHAN AVE SCOLORADO AVE SZARTHAN AVE STOLEDO AVE S14TH ST W
WEBSTER AVE SNEVADA AVE S27TH ST W
HAMPSHIRE AVE SEDGEWOOD AVE22ND ST W
WAYZATABLVD
27TH ST W
394
28TH ST W
18TH ST W
23RD ST W
FRANK L IN AVEW
28TH ST W
29TH ST W
16TH ST W
EDGEWOOD AVE SUTICA AVE STOLEDO AVE S14TH ST W
RHODEISLA N D AVE S
Comparables for6712 Cedar Lake Rd
Subject
Comparable
1,200
Feet
Subject6712 Cedar Lake Rd Comparable 16605 Cedar Lake Rd
Comparable 26500 Cedar Lake Rd
Comparable 32620 Utica Ave S
Comparable 43025 Louisiana Ave S
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2018 Local Board of Appeal and Equalization
Martha M. Skinner
Seymour V. Pederson Jr
2513 Princeton Ct
31-029-24-24-0012
2018 Assessed Value: $341,500
Recommendation: No Change
This report is not an appraisal as defined in M.S. § 82B.02 (subd.3) nor does it comply with the Uniform Standards of
Professional Appraisal Practice. It is intended to be used as a reference only and any use other than its intended use is
prohibited and unlawful. The author does not represent this to be an appraisal and is not responsible for any inappropriate use.
It is a report of public records using a mass appraisal technique.
Reconvene Meeting of April 23, 2018
Title: 2018 Local Board of Appeal and Equalization Page 61
City of St. Louis Park
Assessing Department
2018 Local Board of Appeal and Equalization
Staff Report
Seymour V. Pederson JrProperty Owner(s):
Martha M. Skinner
2513 Princeton Ct Property Address:
31-029-24-24-0012PID #:
Market Value
$341,500Assessment Year 2018
$310,500Assessment Year 2017
$301,800Assessment Year 2016
Sale:April 1, 1985 - 149,166 (01 - Warranty Deed)
Assessor Recommendation:
No Change
Appraiser:
LC March 26, 2018
Last Inspection Date:
Comments:
The subject is a side by side interior unit town home in average condition. Finishes throughout the
subject property are original. The property features three bedrooms, one full bath, one half bath, a
fireplace and a deck. The full basement is unfinished and features a walkout.
The property is located in the Fern Hill neighborhood in the Quentin/ Princeton Court and
Monterey Park Complexes.
There are three (3) primary sales comparables selected for the review presentation this year. These
comparables include similar and competing properties which have recently sold in the subject's
market area of similar quality build with similar attributes and location.
The comparables, prior to adjustment, indicate a median value of $208.05 per square foot.
Adjustments include:
- time trends to the January assessment date at a city wide rate for townhome properties
- adjustment consideration warranted to comparables #2 and #3 due to superior end unit location
- adjustment consideration given to comparables #2 and #3 for superior condition and updating
throughout
- adjustments were warranted for floor area differences above grade to comparables #2 and #3
- adjustments were warranted to comparables for differences in basement finish below grade areas
to all three comparables
- nominal adjustments were warranted for bathroom count differences to comparables
- nominal adjustments for differences in other features such as fireplace count, deck, patios and
2018 Board of Appeal and Equalization
Reconvene Meeting of April 23, 2018
Title: 2018 Local Board of Appeal and Equalization Page 62
porches
Based on the subject's physical attributes, unfinished basement and sales within the subject's
market area of similar and competing townhomes the recommendation for 2018 valuation is that
there is no change warranted to the $341,500.
2018 Board of Appeal and Equalization
Reconvene Meeting of April 23, 2018
Title: 2018 Local Board of Appeal and Equalization Page 63
Subject Data Summary
PID #:31-029-24-24-0012
Property Address:2513 Princeton Ct
St. Louis Park, MN 55416
Multiple Address:No
Lot/Block:000/000
Addition:Condominium No 548 Princeton Court Townhomes, A Condominium
Legal(120):UNIT NO 2513
Owner(s):Seymour V Pederson Jr
Martha M Skinner
Property Classification:Townhouse - Homestead
2018 EMV:341,500
2017 EMV:310,500
2016 EMV:301,800
Last Sale:4/1/1985 - 149,166 - Warranty Deed - 01
Lot Size:127,195 Sq.Ft. / 2.92 Acres
Zoning:
Dwelling Type:Townhome
Style:Two Story
Bedrooms:3
Baths:2
Actual Year Built:1986
Gross Building Area:1,787
Basement Area:670
Bsmt Finished %:
Garage #1:2 Car Tuck Under
Garage #2:None
2018 Board of Appeal and Equalization
Reconvene Meeting of April 23, 2018
Title: 2018 Local Board of Appeal and Equalization Page 64
Additional Subject Photos
Front View'18
Kitchen '18
2018 Board of Appeal and Equalization
Reconvene Meeting of April 23, 2018
Title: 2018 Local Board of Appeal and Equalization Page 65
Additional Subject Photos
Liv Rm '18
Basment '18
2018 Board of Appeal and Equalization
Reconvene Meeting of April 23, 2018
Title: 2018 Local Board of Appeal and Equalization Page 66
Sales Comparables
Comparable 1
Comparable 2
Comparable 3
2018 Board of Appeal and Equalization
Reconvene Meeting of April 23, 2018
Title: 2018 Local Board of Appeal and Equalization Page 67
Sales Comparables
Subject Comparable 1 Comparable 2 Comparable 3Item
3102924240012 3102924240026 3102924430099 3102924430126
2513 Princeton Ct 2512 Quentin Ct 2938 Monterey Ave S 2918 Monterey Ave S
85 76
0023 0044 0023 0023
PC QC MP MP
$149,166 $371,792 $375,000 $421,500
04/01/1985 10/31/2017 12/08/2017 06/09/2017
2018 / 1 2018 / 1 2018 / 1 2018 / 1
$83.47 $208.05 $170.45 $263.44
Townhome Townhome Townhome Townhome
Two Story Two Story Two Story Two Story
127,195 70,637 2,208 2,323
1986 1987 1988 1993
1986 1987 1988 1993
B07 B07 B05 B05
893 894 1,100 800
1,787 1,787 2,200 1,600
1,787 2,323 2,668 1,810
670 670 720 420
80 %65 %50 %
3 4 2 3
2 3 4 2
410 410 380 380
2 2 2 2
Tuck Under Tuck Under Tuck Under Tuck Under
2 2 2 2
Standard Walkout Standard Walkout Standard Walkout Standard Walkout
Central Central Central Central
1 1 1 2
130 216 140 96
140
PID
Address
Weight
Neighborhood
District
Sale Price
Sale Date
Cash Equivalent
Year / Version
Price Per Sq. Ft.
Dwelling Type
Style
Property Area
Actual Age
Effective Age
Quality Class
1st Floor Area
Total GBA
Finished Area
Basement Area
Basement Finished (%)
1st Floor Clear Ht
Total Bedrooms
Total Bathrooms
Garage 1 Floor Area
Garage 1 # of Cars
Garage 1 Placement
Total # of Cars
Walkout Type
Air Conditioning
Pool Area-Total
Fireplaces
Deck Area-Total
Porches
Dormer Length
River
Lake
Influences
2018 Board of Appeal and Equalization
Reconvene Meeting of April 23, 2018
Title: 2018 Local Board of Appeal and Equalization Page 68
HIGHWAY 100 SCEDARLAKERDSINGLEWOOD AVE SJOPPA AVE SHUNTINGTON AVE S25 1/2 ST W
FORESTRD
B A SSWOOD RD
UTICAAVESXENWOOD AVE SWEBSTER AVE SQUENTIN AVE S
CEDAR LAKE
A
V
EOTTAWA AVE SRALEIGH AVE SPARKLANDSRDCEDARWOOD RDRIDGE DRP ARKWOODSRDRANDALL A
V
E
STEPHENS DR
MONTEREY AVE SPRINCETON AVE S
PARKDALE DR
GLENHURST
R
D
33RD ST W
HIGHWOO
D
R
D
CEDAR S H O R EDRMONTEREYPKWYCEDAR S
T
FO
R
E
S
T
L
N
OLD C E D A R L A K E R D
HILL LN
S
WILLOW LN SWILLOW LN NOTTAWAPLWESTRIDGE LN29TH ST W
31ST ST W
26TH ST W
25TH ST W
PRINCETON AVE SOTTAWA AVE SUTICA AVE SSALEMAVESHIGHWAY 100 S31ST ST W31ST ST W KIPLING AVE SINGLEWOOD AVE SXENWOOD AVE SGLENHURSTAVES26TH ST W
24TH ST W
29TH ST W23RDSTW
GLENHURSTAVENATCHEZ AVE S28TH ST W
CEDARLAKERDS
LYNN AVE SLYNN AVE S25TH ST W
RALEIGH AVE SHIGHWAY 7
27TH ST W
VERNON AVE SHIGHWAY 7MONTEREY AVE STOLEDO AVE SWEBSTER AVE S27TH ST W
PRINCETON AVE SLYNN AVE SJOPPA AVE SQUENTIN AVE S26TH ST W
27TH ST W
28TH ST W
100
100
25
5SALEM AVE SNATCHEZ AVE S28TH ST W
BARRY ST W
PRINCETON AVE SC E D ARWOOD
R
D
PA
R
K
L
A
N
D
S
LN
JOPPA AVE SUTICA AVE STOLEDO AVE SPRINCETON AVENATCHEZ AVEGLENHURSTRDComparables for2513 Princeton Ave S
Subject
Comparable
925
Feet
Subject2513 Princeton CtComparable 12512 Quentin Ct
Comparable 22938 Monterey Ave S
Comparable 32918 Monterey Ave S
Reconvene Meeting of April 23, 2018
Title: 2018 Local Board of Appeal and Equalization Page 69
2018 Local Board of Appeal and Equalization
36 Park, LLC - Tom Sanders
3601 Park Center Blvd
06-028-24-33-0019
2018 Assessed Value: $48,192,000
Recommendation: $46,080,000
This report is not an appraisal as defined in M.S. § 82B.02 (subd.3) nor does it comply with the Uniform Standards of
Professional Appraisal Practice. It is intended to be used as a reference only and any use other than its intended use is
prohibited and unlawful. The author does not represent this to be an appraisal and is not responsible for any inappropriate use.
It is a report of public records using a mass appraisal technique.
Reconvene Meeting of April 23, 2018
Title: 2018 Local Board of Appeal and Equalization Page 70
City of St. Louis Park
Assessing Department
2018 Local Board of Appeal and Equalization
Staff Report
36 Park, LLC - Tom Sanders
Property Owner(s):
3601 Park Center Blvd Property Address:
06-028-24-33-0019PID #:
Market Value
$48,192,000Assessment Year 2018
$42,240,000Assessment Year 2017
$41,280,000Assessment Year 2016
Sale:October 21, 2011 - 3,000,000 (01 - Warranty Deed)
Assessor Recommendation:
$46,080,000
Appraiser:
BN April 7, 2016
Last Inspection Date:
Comments:
The subject is a Class A, 192 unit apartment building. The unit mix is 53 - 1 bedroom units, 60 - 1
bedroom plus den, and 79 - two bedroom units. The building also contains 243 underground
parking stalls. Construction of the property began in 2012 and was completed in 2013. The
building is considered to be in excellet condition.
Class A apartment buildings in Hennepin County were anaylzed. Given that three Class A
apartment complexes sold in St. Louis Park in the last two years, these were chosen for
comparables as they share a similar locational attribute. The comparables chosen bracket the
subject in unit count. The unadjusted sales range from $233,286 to $275,345 per unit with an
average value of $255,778 and a median value of $258,703. The subject's assessed value of record
for 2018 is at $251,000 per unit.
Comparable 1, Excelsior and Grand, is a mixed use property with commercial at grade and
multi-family above. The sale price for this complex indicates a sale price of $233,286 for the
multi-family component. Comparable 2, The Millennium, is located in the West End
development. This property has no commercial component and sold for $258,703 per unit.
Comparable 3, the Ellipse and E2, are located on Excelsior Boulevard and France Avenue. The
Ellipse is a mixed use building with commercial at grade and multi-family above while E2 has no
commercial component. The sale price for this complex indicates a sale price of $275,345 for the
multi-family component.
The subject's income and expense statements were also analyzed. This property was previously
appealed at the Local Board level in 2016 and therefore we are able to review the income and
expense history from 2014 through 2017. Per the appellant this property has historically exhibited
2018 Board of Appeal and Equalization 36 Park, LLC - Tom Sanders
Reconvene Meeting of April 23, 2018
Title: 2018 Local Board of Appeal and Equalization Page 71
an occupancy rate below current market norms which we feel have been addressed in the
recommended value reduction.
Giving weight to both the sales comparison approach and the income approach, we feel an
adjustment in value from $251,000 per unit to $240,000 per unit is warranted.
2018 Board of Appeal and Equalization 36 Park, LLC - Tom Sanders
Reconvene Meeting of April 23, 2018
Title: 2018 Local Board of Appeal and Equalization Page 72
Additional Subject Photos
West Elevation
North Elevation
2018 Board of Appeal and Equalization 36 Park, LLC - Tom Sanders
Reconvene Meeting of April 23, 2018
Title: 2018 Local Board of Appeal and Equalization Page 73
Additional Subject Photos
East Elevation
2018 Board of Appeal and Equalization 36 Park, LLC - Tom Sanders
Reconvene Meeting of April 23, 2018
Title: 2018 Local Board of Appeal and Equalization Page 74
Address 3601 Park Center Boulevard Age & Condition 2012-Excellent
Property ID #06-028-24-33-0019 Unit Mix 53 - 1 bedroom; 60 - 1 bedroom + den; 79 - 2 bedroom
2017 Mkt Value $42,192,000 Total Units 192
2018 Mkt Value $48,192,000 Total value vs. total unit count $251,000
1 Address 4630 & 4730 Excelsior Blvd Sale Date 3/17/2016
Property ID#07-028-24-12-0175 & 07-028-24-21-0256 Age & Condition 2003/2005 - Excellent
C.E. Sale Price $96,486,000 Unit Mix 147 - 1 bedroom; 181 - 2 bedroom; 10 - Studio
Buyer Excelsior & Grand Apartments, LLC Total Units 338
Seller Excelsior & Grand, LLC Sale Price per Unit $233,286
Property under Appeal -- The Verge Apartments -- 192 unit Apartment
Comparables Sales
Reconvene Meeting of April 23, 2018
Title: 2018 Local Board of Appeal and Equalization Page 75
2 Address 5245 Wayzata Blvd Sale Date 1/5/2018
Property ID#30-029-24-32-0019 Age & Condition 2014 - Excellent
C.E. Sale Price $40,363,186 Unit Mix 17 Studios; 74 - 1 bedroom; 61 - 2 bedroom; 6 - 3 bedroom
Buyer AMFP IV Millennium Total Units 158
Seller Millennium At West End, LLC Sale Price per Unit $255,463
3 Address 3900 & 3924 Excelsior Blvd.Sale Date 1/25/2018
Property ID#06-028-24-41-0075 & -0076 Age & Condition 2009/2012 - Excellent
C.E. Sale Price $55,312,529 Unit Mix
21 Studios; 88 - 1 bedroom; 29 - 1 bedroom +
den; 42 - 2 bedroom; 10 - 2 bedroom + den
Buyer MFREVF III Ellipse, LLC Total Units 190
Seller Ellipse on Excelsior, LLC & Ellipse II, LLC Sale Price per Unit $275,345
Reconvene Meeting of April 23, 2018
Title: 2018 Local Board of Appeal and Equalization Page 76
MINNETONKA BLVD
WALKER ST ALABAMA AVE SFRANCE AVE SHIGHWAY 7
OXFORD STFLORIDA AVE SYOSEMITE AVE SGEORGIA AVE SIDAHO AVE SLIB
R
A
R
Y
L
N HIGHWAY 100 S41ST ST WJERSEY AVE SW
O
O
D
D
A
L
E
A
V
E
SLOUISIANA AVE S38TH ST WKENTUCKY AVE SCEDARLAKERDS35TH ST WGO
R
H
AM
A
V
E
PARK GLEN
R
D INGLEWOOD AVE SKIPLING AVE SBELT LINE BLVD39TH ST W JOPPA AVE SHUNTINGTON AVE SPARK PLACE BLVD S25 1/2 ST W
ZARTHAN AVE SMARYLAND AVE S16TH ST W
FORESTRD
HAMILTON ST
EDGEBR
O
OK
D
R
GOODRICH AVE
BA SSWOOD RD
1ST ST NW23RD ST W
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36TH ST WELIOT VIEW RDGLENHURST AVE S2ND ST NWUTICAAVESXENWOOD AVE SWEBSTER AVE SQUENTIN AVE SM
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Reconvene Meeting of April 23, 2018
Title: 2018 Local Board of Appeal and Equalization Page 77
Meeting: Study Session
Meeting Date: April 23, 2018
Discussion Item: 1
EXECUTIVE SUMMARY
TITLE: Future Study Session Agenda Planning April 30, May 7 & May 14, 2018
RECOMMENDED ACTION: The City Council and the City Manager to set the agenda for the
Special Study Sessions scheduled for April 30 and May 7, and the regularly scheduled Study
Session on May 14, 2018.
POLICY CONSIDERATION: Does the Council agree with the agendas as proposed?
SUMMARY: This report summarizes the proposed agenda for the Special Study Sessions
scheduled for April 30 and May 7, and the regularly scheduled Study Session on May 14, 2018.
Also attached to this report is the Study Session Prioritizaton & Tentative Discussion Timeline.
FINANCIAL OR BUDGET CONSIDERATION: Not applicable.
VISION CONSIDERATION: Not applicable.
SUPPORTING DOCUMENTS: Tentative Agenda – April 30, May 7 & 14, 2018
Study Session Prioritization & Projected Discussion Timeline
Prepared by: Debbie Fischer, Administrative Services Office Assistant
Approved by: Tom Harmening, City Manager
Study Session Meeting of April 23, 2018 (Item No. 1) Page 2
Title: Future Study Session Agenda Planning April 30, May 7 & May 14, 2018
APRIL 30, 2018
7:30 p.m. – Special Study Session – Community Room
Tentative Discussion Items
1.Fire Department 5-Year Strategic Plan – Fire Department (60 minutes)
The Fire Chief will present the 5 year strategic plan for the fire department. The discussion will
include an overall review of the department goals and initiatives for the next five years including
areas of prevention, community outreach and community health management.
MAY 7, 2018
5:00 p.m. – Special Study Session – Community Room
Tentative Discussion Items
1. City Council Workshop Follow-up w/ Consultant – Administartive Services (135 minutes)
Council will participate in a follow-up session with consultant ML Rice to finalize strategic
priorities and council norms/unwritten rules that were discussed at the January workshop. At
the end of this discussion, final documents will be prepared for approval at an upcoming city
council meeting.
MAY 14, 2018
6:30pm – Study Session - Community Room
Tentative Discussion Items
1. Future Study Session Agenda Planning – Administrative Services (5 minutes)
2.Crime-Free Housing Ordinance & Affordable Housing Strategies Discussion – Community
Development (60 minutes)
Overview of the city’s Crime-Free Housing Ordinance and discussion of affordable housing
strategies, including the establishment of a Local Housing Trust Fund.
3. Comp Plan Review – Community Development (120 minutes)
Staff will present the goals and strategies on the Mobility; Parks, Open Space and Natural
Resources; and Water Resources sections of the draft Comprehensive Plan to the Council for
discussion.
Communications/Meeting Check-In – Administrative Services (5 minutes)
Time for communications between staff and Council will be set aside on every study session
agenda for the purposes of information sharing.
Written Reports
4.SAC & WAC Assessment Policy
Study Session Meeting of April 23, 2018 (Item No. 1) Page 3
Title: Future Study Session Agenda Planning April 30, May 7 & May 14, 2018
Study Session Prioritization & Projected Discussion Timeline
Priority Discussion Topic Comments Date Scheduled
4 Policy for Funding Non-profits Discussed on 4/9/18. Staff
following up. TBD
4 Finalize Outcomes of Council Retreat
(Includes Norms) Scheduled May 7, 2018
4 Revitalization of Walker/Lake Area
Part of Preserving Walker Building
Reports: 8/28/17, 9/25/17, 1/22/18,
Design Study 2/12/18, update 4/23
Ongoing
4 Communication to HRC on Council
Expectations Most recently discussed on 9/11/17 TBD
4 Race Equity/Inclusion Courageous
Conversations Most recently discussed on 9/11/17 TBD
4 Creating an Affirming Environment for
Transgender Individuals TBD
4 Zoning Guidelines for Front-facing
Buildings w/ Windows Not Papered Over TBD
4 Establish a Local Housing Trust Fund 5/14/18
3 Crime Free Ordinance / Affordable
Housing Strategies 5/14/18
3 The Nest Postponed per their request 5/29/18
3 Historical Society Space Part of Walker Bldg discussions on
8/28/17 & 11/20/17, 12/11/17, 4/23
Ongoing
3 Off-sale Liquor License Regulations 5/29/18
3 Discuss & Evaluate Our Public Process June, 2018
3 Develop a Youth Advisory Commission 2nd Qtr 2018
3 Living Streets Policy After Vision 3.0 work is completed 2nd Qtr 2018
3 Design Guidelines - New Home Construction TBD
3 Mandatory Minimum Wage Ordinance TBD
3 Easy Access to Nature, Across City,
Starting w/ Low-income Neighborhoods TBD
2 SEED’s Community Green House /
Resiliant Cities Initiative TBD
2 Bird Friendly Glass TBD
2 Dark Skies Ordinance (Light Pollution) TBD
2 Community Center Project TBD
2 Revitalization of Monkey Island TBD
Priority Key
5 = High priority/discuss ASAP
4 = Discuss sooner than later
3 = Discuss when time allows
2 = Low priority/no rush
1 = No need to discuss
Meeting: Study Session
Meeting Date: April 23, 2018
Written Report: 2
EXECUTIVE SUMMARY
TITLE: March 2018 Monthly Financial Report
RECOMMENDED ACTION: No action required at this time.
POLICY CONSIDERATION: None at this time.
SUMMARY: The Monthly Financial Report provides a summary of General Fund revenues
and departmental expenditures and a comparison of budget to actual throughout the year. A
budget to actual summary for the four utility funds is also included in this report.
FINANCIAL OR BUDGET CONSIDERATION: At the end of March, General Fund
expenditures are at approximately 22% of the adopted annual budget, which is about 3% under
budget.
VISION CONSIDERATION: Not applicable.
SUPPORTING DOCUMENTS: Discussion
Summary of Revenues & Expenditures – General Fund
Budget to Actual – Enterprise Funds
Prepared by: Darla Monson, Accountant
Reviewed by: Tim Simon, Chief Financial Officer
Nancy Deno, Deputy City Manager/HR Director
Approved by: Tom Harmening, City Manager
Study Session Meeting of April 23, 2018 (Item No. 2) Page 2
Title: March 2018 Monthly Financial Report
DISCUSSION
BACKGROUND: This report provides summary information of the overall level of revenues
and departmental expenditures in the General Fund and a comparison of budget to actual
throughout the year. A budget to actual summary for the four utility funds is also included in
this report.
PRESENT CONSIDERATIONS:
General Fund
Actual expenditures should generally be at about 25% of the annual budget at the end of March.
General Fund expenditures are under budget at 22.3% of the adopted budget in March.
Revenues tend to be harder to measure in the same way due to the timing of when they are
received, examples of which include property taxes, grants and State aid payments. A few
comments on revenue and expenditure variances are explained below.
Revenues:
License and permit revenues are at approximately 35% of budget through March because 90% of
the 2018 business and liquor license revenue has been received. This is typical of previous
years. Permit revenue is at 19% through March.
Expenditures:
Organized Recreation expenditures are at 30.7% of budget because the full annual community
education contribution in the amount of $187,400 was paid to the school district in February.
This is consistent with prior years.
Utility Funds
Revenues:
Revenue typically lags one month behind for commercial accounts and up to a full quarter
behind for some residential accounts depending on the billing cycle. Much of the revenue billed
in the first quarter of 2018 actually applied to 2017.
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Actual $2,609 $5,557 $8,439
Budget $3,158 $6,316 $9,475 $12,633 $15,791 $18,949 $22,108 $25,266 $28,424 $31,582 $34,741 $37,899
$0
$5,000
$10,000
$15,000
$20,000
$25,000
$30,000
$35,000
$40,000
$ THOUSANDS Monthly Expenditures -General Fund
Summary of Revenues & Expenditures - General Fund As of March 31, 2018 20182018201620162017201720182018Balance YTD Budget BudgetAuditedBudgetUnaudited BudgetMar YTD Remaining to Actual %General Fund Revenues: General Property Taxes23,597,282$ 24,193,360$ 24,748,436$ 24,837,901$ 25,705,886$ -$ 25,705,886$ 0.00% Licenses and Permits3,496,177 4,320,078 3,745,736 3,985,517 3,924,648 1,372,534 2,552,114 34.97% Fines & Forfeits341,200 299,808 254,200 293,236 269,200 66,205 202,995 24.59% Intergovernmental1,419,017 1,656,072 1,631,669 1,899,006 1,864,877 443,968 1,420,909 23.81% Charges for Services1,956,593 2,063,241 2,027,637 2,040,053 2,162,410 266,681 1,895,729 12.33% Miscellaneous Revenue977,546 1,131,632 1,274,415 1,304,504 1,318,037 364,082 953,955 27.62% Transfers In1,872,581 1,881,274 1,899,927 1,951,218 1,929,090 479,772 1,449,318 24.87% Investment Earnings 140,000 114,957 140,000 160,000 160,000 0.00% Other Income27,450 20,440 30,450 52,368 40,950 2,681 38,269 6.55% Use of Fund Balance *254,891 - 58,541 - 523,835 - 523,835 0.00%Total General Fund Revenues34,082,737$ 35,680,861$ 35,811,011$ 36,363,802$ 37,898,933$ 2,995,923$ 34,903,010$ 7.91%General Fund Expenditures: General Government: Administration1,037,235$ 1,118,873$ 1,049,123$ 1,056,796$ 1,341,606$ 267,382$ 1,074,224$ 19.93% Finance933,624 869,759 957,275 924,832 978,752 232,139 746,613 23.72% Assessing641,038 607,443 707,139 652,015 759,865 174,888 584,977 23.02% Human Resources748,718 801,958 754,699 730,731 796,666 169,086 627,580 21.22% Community Development1,385,036 1,281,000 1,366,055 1,353,476 1,479,911 376,599 1,103,312 25.45% Facilities Maintenance1,115,877 1,099,973 1,132,774 1,128,339 1,162,342 272,931 889,411 23.48% Information Resources1,564,128 1,492,734 1,570,712 1,421,685 1,589,432 293,636 1,295,796 18.47% Communications & Marketing608,228 657,758 646,841 722,199 755,940 180,163 575,777 23.83% Community Outreach25,587 22,718 26,553 24,403 27,637 4,042 23,595 14.62% Engineering549,251 436,228 376,601 339,876 525,834 112,563 413,271 21.41%Total General Government8,608,722$ 8,388,443$ 8,587,772$ 8,354,352$ 9,417,985$ 2,083,430$ 7,334,555$ 22.12% Public Safety: Police8,698,661$ 8,754,092$ 9,217,988$ 9,255,342$ 9,930,681$ 2,250,792$ 7,679,889$ 22.67% Fire Protection4,030,153 3,939,435 4,407,656 4,319,457 4,657,973 1,100,220 3,557,753 23.62% Inspectional Services2,216,075 2,082,694 2,419,073 2,271,301 2,544,762 558,984 1,985,778 21.97%Total Public Safety14,944,889$ 14,776,220$ 16,044,717$ 15,846,100$ 17,133,416$ 3,909,995$ 13,223,421$ 22.82% Operations & Recreation: Public Works Administration241,304$ 240,497$ 266,249$ 245,942$ 230,753$ 30,942$ 199,811$ 13.41% Public Works Operations2,907,781 2,699,375 3,019,017 2,700,524 3,091,857 660,280 2,431,577 21.36% Organized Recreation1,431,260 1,396,737 1,472,996 1,470,613 1,582,490 486,052 1,096,438 30.71% Recreation Center1,602,935 1,687,724 1,744,651 1,856,529 1,860,755 353,288 1,507,467 18.99% Park Maintenance1,634,249 1,627,700 1,721,732 1,797,271 1,830,530 377,550 1,452,980 20.63% Westwood Nature Center576,173 555,887 602,400 572,942 622,346 134,477 487,869 21.61% Natural Resources479,408 362,094 550,235 430,995 559,662 77,695 481,967 13.88% Vehicle Maintenance1,358,946 1,130,622 1,384,038 1,099,555 1,253,367 316,763 936,604 25.27%Total Operations & Recreation10,232,056$ 9,700,637$ 10,761,318$ 10,174,371$ 11,031,760$ 2,437,046$ 8,594,714$ 22.09% Non-Departmental: General 30,351$ 63,648$ 31,909$ 31,859$ 43,422$ 8,373$ 35,049$ 19.28% Transfers Out- 1,873,000 - 885,000 - - - 0.00% Council Programs198,000 198,000 0.00% Contingency266,719 104,224 385,295 164,249 74,350 - 74,350 0.00%Total Non-Departmental297,070$ 2,040,871$ 417,204$ 1,081,108$ 315,772$ 8,373$ 307,399$ 2.65%Total General Fund Expenditures34,082,737$ 34,906,172$ 35,811,011$ 35,455,931$ 37,898,933$ 8,438,845$ 29,460,088$ 22.27%*Primarily related to E911 capital items from restricted fund balance.Study Session Meeting of April 23, 2018 (Item No. 2) Title: March 2018 Monthly Financial ReportPage 3
Budget to Actual - Enterprise FundsAs of March 31, 2018 Current BudgetMar Year To DateBudget Variance% of BudgetCurrent BudgetMar Year To DateBudget Variance% of BudgetCurrent BudgetMar Year To DateBudget Variance% of BudgetCurrent BudgetMar Year To DateBudget Variance% of BudgetOperating revenues: User charges 6,177,384$ 646,043$ 5,531,341$ 10.46% 7,421,016$ 877,208$ 6,543,808$ 11.82% 3,590,500$ 264,779$ 3,325,721$ 7.37% 3,024,731$ 437,343$ 2,587,388$ 14.46% Other 375,750 8,522 367,228 2.27% 30,000 3,474 26,526 11.58% 140,000 2,650 137,350 1.89% - - - Total operating revenues6,553,134 654,565 5,898,569 9.99% 7,451,016 880,682 6,570,334 11.82% 3,730,500 267,429 3,463,071 7.17% 3,024,731 437,343 2,587,388 14.46%Operating expenses: Personal services1,377,010 376,295 1,000,715 27.33% 689,225 185,726 503,499 26.95% 631,295 148,081 483,214 23.46% 796,527 158,984 637,543 19.96% Supplies & non-capital430,300 49,229 381,071 11.44% 65,550 19,474 46,076 29.71% 184,750 13,035 171,715 7.06% 31,600 23 31,577 0.07% Services & other charges1,704,224 289,626 1,414,598 16.99%4,605,626 1,128,518 3,477,108 24.50% 3,014,442 409,256 2,605,186 13.58% 595,187 44,887 550,300 7.54% Depreciation * Total operating expenses3,511,534 715,150 2,796,384 20.37% 5,360,401 1,333,718 4,026,683 24.88% 3,830,487 570,371 3,260,116 14.89% 1,423,314 203,894 1,219,420 14.33%Operating income (loss)3,041,600 (60,585) 3,102,185 -1.99% 2,090,615 (453,036) 2,543,651 -21.67% (99,987) (302,943) 202,956 302.98% 1,601,417 233,449 1,367,968 14.58%Nonoperating revenues (expenses): Interest income 15,172 - 15,172 2,391 - 2,391 0.00% 15,000 - 15,000 0.00% 14,800 - 14,800 0.00% Interest expense/bank charges(176,342) (143,446) (32,896) 81.35% (26,584) (18,661) (7,923) 70.20% (25,500) (1,311) (24,189) 5.14% (40,897) (10,425) (30,472) 25.49% Total nonoperating rev (exp)(161,170) (143,446) (17,724) 89.00% (24,193) (18,661) (5,532) 77.13% (10,500) (1,311) (9,189) 12.49% (26,097) (10,425) (15,672) 39.95%Income (loss) before transfers2,880,430 (204,031) 3,084,461 -7.08% 2,066,422 (471,697) 2,538,119 -22.83% (110,487) (304,254) 193,767 275.38% 1,575,320 223,024 1,352,296 14.16%Transfers inTransfers out(601,985) (150,496) (451,489) 25.00% (823,637) (205,909) (617,728) 25.00% (234,046) (58,511) (175,535) 25.00%(322,459) (80,615) (241,844) 25.00%NET INCOME (LOSS)2,278,445 (354,528) 2,632,973 -15.56% 1,242,785 (677,606) 1,920,391 -54.52% (344,533) (362,765) 18,232 105.29% 1,252,861 142,410 1,110,451 11.37%Items reclassified to bal sht at year end: Capital Outlay(3,316,199) (417,922) (2,898,277) 12.60% (1,619,500) (547) (1,618,953) 0.03%- - - (2,688,977) (547) (2,688,430) 0.02%Revenues over/(under) expenditures(1,037,754) (772,449) (265,305) (376,715) (678,154) 301,439 (344,533) (362,765) 18,232 (1,436,116) 141,862 (1,577,978) *Depreciation is recorded at end of year (non-cash item).Water SewerSolid WasteStorm WaterStudy Session Meeting of April 23, 2018 (Item No. 2) Title: March 2018 Monthly Financial ReportPage 4
Meeting: Study Session
Meeting Date: April 23, 2018
Written Report: 3
EXECUTIVE SUMMARY
TITLE: First Quarter Investment Report (Jan – Mar 2018)
RECOMMENDED ACTION: No action required at this time.
POLICY CONSIDERATION: None at this time.
SUMMARY: The Quarterly Investment Report provides an overview of the City’s investment
portfolio, including the types of investments held, length of maturity, and yield.
FINANCIAL OR BUDGET CONSIDERATION: The total portfolio value at March 31, 2018
is $46.6 million. Approximately $34 million is invested in longer term securities that include
U.S. Treasury notes, Federal agency bonds, municipal debt securities, and certificates of deposit.
The remainder is held in money market accounts and commercial paper for future cash flow
needs. The overall yield to maturity is at 1.57%, up from 1.33% at the end of 2017.
VISION CONSIDERATION: Not applicable.
SUPPORTING DOCUMENTS: Discussion
Investment Portfolio Summary
Prepared by: Darla Monson, Accountant
Reviewed by: Tim Simon, Chief Financial Officer
Nancy Deno, Deputy City Manager/HR Director
Approved by: Tom Harmening, City Manager
Study Session Meeting of April 23, 2018 (Item No. 3) Page 2
Title: First Quarter Investment Report (Jan – Mar 2018)
DISCUSSION
BACKGROUND: The City’s investment portfolio is focused on short term cash flow needs and
investment in longer term securities. This is done in accordance with Minnesota Statute 118A
and the City’s Investment Policy objectives of: 1) Preservation of capital; 2) Liquidity; and 3)
Return on investment.
PRESENT CONSIDERATIONS: The portfolio value decreased in the first quarter from
approximately $60 million at 12/31/2017 to $46.6 million at 3/31/2018. The decrease was
primarily in available cash in the money market accounts. The 2017A bond proceeds continued
to be spent down on the water treatment plant rehab project and approximately $6.8 million of
cash was needed for the February 1 debt service payments and Pay As You Go TIF note
payments, as well as the normal cash required for payroll and general operating expenses.
The overall yield of the portfolio increased to 1.57%, compared to 1.33% at 12/31/2017. This is
the combined yield including both cash held in money market accounts and long term
investments. As some of the older long term investments mature in the coming year, it is
anticipated that they will be replaced with higher yields and therefore continue to increase the
overall portfolio yield. Cities will typically use a benchmark such as the two year Treasury
(2.27% on 3/29/2018) or a similar measure for yield comparison of their overall portfolio.
There was about $9.4 million in money market accounts at the end of the quarter because it is
necessary to keep cash available for construction contract payments and on-going expenses for
payroll and operating expenses between property tax settlements. This includes $3.4 million of
2017A bond proceeds. The next property tax settlement will be a 70% advance of the first half
tax payments in June 2018. Money market rates continued to increase in the first quarter and
now range from 1.23% to 1.37%. At December 31, 2017, money market rates were at .93% to
1.04%, and just over one year ago they were much lower at only .26% to .36%.
In addition to the $9.4 million of cash held in money market accounts, the portfolio also has $3.2
million of commercial paper. Commercial paper are promissory notes with short maturity
periods issued by financial institutions and large corporations, and usually have higher rates than
money market accounts for investing cash in the shorter term. Rates on the four commercial
paper securities in the portfolio range from 1.62% to 2.17% and will mature over the next 3 to 7
months.
Approximately $3.1 million of the portfolio is invested in fixed and step rate certificates of
deposit. There are currently 13 CD’s in the portfolio, each with a face value of $245,000 or less,
which guarantees that each CD is insured by the FDIC up to $250,000. They have varying
maturity dates over the next 2.5 years with rates of up to 2.3%. Two CD’s with rates of 1.25%
and 1.35% reached maturity during the quarter and were replaced with higher yielding securities.
The remaining $31 million of the portfolio is invested in other long term securities which include
municipal bonds ($5 mil), Federal agency bonds ($11.3 mil) and U.S. Treasury notes ($14.7 mil).
Municipal bonds are issued by States, local governments, or school districts to finance special
projects. Agency bonds are issued by government agencies such as the Federal Home Loan
Bank, Freddie Mac or Fannie Mae and may have call dates where they can be called prior to
final maturity. A Freddie Mac agency purchased in February has a yield to maturity of 2.47%.
One $2 million agency that reached maturity in March was not reinvested long term for
anticipated cash flow needs prior to the June tax settlement.
Study Session Meeting of April 23, 2018 (Item No. 3) Page 3
Title: First Quarter Investment Report (Jan – Mar 2018)
This table is a summary of the City’s portfolio at March 31, 2018:
NEXT STEPS: None at this time.
12/31/17 3/31/18
<1 Year 48% 37%
1-2 Years 15% 17%
2-3 Years 17% 21%
3-4 Years 17% 20%
>4 Years 3% 5%
12/31/17 3/31/18
Money Markets/Cash $20,798,755 $9,374,127
Commercial Paper $2,887,102 $3,162,646
Certificates of Deposit $3,565,799 $3,067,326
Municipal Debt $4,972,040 $4,953,650
Agency Bonds/Treas Notes $27,745,003 $26,033,931
City of St. Louis Park
Investment Portfolio Summary
March 31, 2018
Institution/Broker Investment Type CUSIP Maturity Date Yield Par Value
Market Value at
3/31/2018
Estimated Avg
Annual Income
Citizens Indep Bank Money Market 0.05%1,471 1,471 1
4M Liquid Asset Money Market 1.23%260,093 260,093 3,199
4MP Liquid Asset Money Market 1.36%2,134,092 2,134,092 29,024
4M 2017A Bonds Money Market 1.23%- - -
4MP 2017A Bonds Money Market 1.36%3,352,812 3,352,812 45,598
5,746,997
UBS Institutional Money Market 1.37% 1,112,646 1,112,646 15,243
UBS Institutional Money Market & Cash 1.37% 2,513,014 2,513,014 34,428
3,625,660
PFM Comm Paper - JP Morgan 46640FV8 06/29/2018 1.64% 800,000 795,152 13,120
PFM Comm Paper - ING Funding 4497W1G26 07/02/2018 1.62% 500,000 497,055 8,100
PFM Comm Paper - Bank Tokyo 06538CL90 11/09/2018 2.17% 1,000,000 984,560 21,700
PFM Comm Paper - BNP Paribas 09659CL97 11/09/2018 2.17% 900,000 885,879 19,530
3,162,646
PFM CD - Cit Bank UT 17284CH49 06/04/2019 1.90% 240,000 239,280 4,560
PFM CD - Amer Exp F UT 02587CAC4 07/10/2019 1.95% 240,000 239,222 4,680
PFM CD - Capital One Bank 14042E4S6 07/15/2019 1.95% 240,000 238,990 4,680
PFM CD - First Bk Highland IL 3191408W2 08/13/2019 2.00% 240,000 239,198 4,800
PFM CD - Webster Bk NA CT 94768NJX3 08/20/2019 1.90% 240,000 239,122 4,560
PFM CD - Capital One Bank 140420PS3 10/08/2019 2.10% 240,000 239,177 5,040
PFM CD - State Bk India IL 856283XJ0 10/15/2019 2.10% 240,000 239,170 5,040
PFM CD - Goldman Sachs Bank NY 38148JHB0 01/14/2020 2.20% 240,000 238,963 5,280
PFM CD - Amer Express UT 02587DXE3 01/30/2020 1.95% 240,000 237,324 4,680
PFM CD - Camden Nat'l Bank ME 133033DR8 02/26/2020 1.80% 240,000 237,929 4,320
PFM CD - Private Bank & Tr IL 74267GVA2 02/27/2020 1.75% 240,000 238,145 4,200
PFM CD - World's Foremost 9159919E5 08/06/2020 2.30% 200,000 197,928 4,600
PFM CD - Comenity Cap Bk UT 20033AND4 10/13/2020 2.00% 245,000 242,878 4,900
3,067,326
PFM Muni Debt - Williamston Mich Sch 970294CN2 05/01/2019 1.46% 2,000,000 1,991,260 29,200
PFM Muni Debt - New York City 64971WUX6 08/01/2019 1.33% 2,000,000 1,983,020 26,600
PFM Muni Debt - Connecticut St 20772JKN1 10/15/2020 1.78% 1,000,000 979,370 17,800
4,953,650
PFM FHLB Global 3130A9AE1 10/01/2018 0.91%2,000,000 1,988,800 18,200
PFM US Treasury Note 912828WD8 10/31/2018 0.89% 200,000 199,148 1,780
PFM FHLB 3130AAE46 01/16/2019 1.25% 730,000 725,080 9,125
PFM FNMA 3135G0H63 01/28/2019 1.03%1,600,000 1,590,880 16,480
PFM FHLB Global 3130A9EP2 09/26/2019 1.04%1,400,000 1,374,632 14,560
PFM FHLMC 3137EAEF2 04/20/2020 1.49%1,000,000 980,930 14,900
PFM FNMA 3135G0T60 07/30/2020 1.60%1,250,000 1,224,938 20,000
PFM US Treasury Note 912828L32 08/31/2020 0.93% 925,000 903,827 8,603
PFM US Treasury Note 912828L32 08/31/2020 0.89% 1,000,000 977,110 8,900
PFM US Treasury Note 912828L32 08/31/2020 1.09% 700,000 683,977 7,630
PFM FHLB 3130ACE26 09/28/2020 1.48% 575,000 560,901 8,510
PFM FHLMC 3137EAEJ4 09/29/2020 1.69% 530,000 520,073 8,957
PFM FHLMC 3137EAEK1 11/17/2020 1.91% 800,000 788,224 15,280
PFM US Treasury Note 912828N48 12/31/2020 1.02% 250,000 245,850 2,550
PFM US Treasury Note 912828N48 12/31/2020 1.12% 750,000 737,550 8,400
PFM Freddie Mac 3137EAEL9 02/16/2021 2.47% 800,000 797,736 19,760
PFM US Treasury Note 912828Q78 04/30/2021 1.86% 250,000 242,335 4,650
PFM US Treasury Note 912828Q78 04/30/2021 1.87% 675,000 654,305 12,623
PFM US Treasury Note 912828R77 05/31/2021 2.02% 1,600,000 1,548,624 32,320
PFM FHLB Global 3130A8QS5 07/14/2021 1.25% 750,000 718,560 9,375
PFM US Treasury Note 912828D72 08/31/2021 1.86% 600,000 590,976 11,160
PFM US Treasury Note 912828D72 08/31/2021 1.73% 1,200,000 1,181,952 20,760
PFM US Treasury Note 912828D72 08/31/2021 1.93% 1,600,000 1,575,936 30,880
PFM US Treasury Note 912828D72 08/31/2021 1.85% 1,150,000 1,132,704 21,275
PFM US Treasury Note 912828T67 10/31/2021 1.72% 1,100,000 1,054,240 18,920
PFM US Treasury Note 912828T67 10/31/2021 1.64% 575,000 551,080 9,430
PFM US Treasury Note 912828T67 10/31/2021 1.85% 200,000 191,680 3,700
PFM US Treasury Note 912828X47 04/30/2022 1.96% 700,000 682,689 13,720
PFM US Treasury Note 912828X47 04/30/2022 2.12% 850,000 828,980 18,020
PFM US Treasury Note 912828X47 04/30/2022 2.18% 800,000 780,216 17,440
26,033,931
GRAND TOTAL 46,591,680 732,790
Current Portfolio Yield To Maturity 1.57%
Study Session Meeting of April 23, 2018 (Item No. 3)
Title: First Quarter Investment Report (Jan – Mar 2018)Page 4
Meeting: Study Session
Meeting Date: April 23, 2018
Written Report: 4
EXECUTIVE SUMMARY
TITLE: Bridgewater Bank Application for Tax Increment Financing Assistance
RECOMMENDED ACTION: Staff wishes to present Bridgewater Bank’s application for Tax
Increment Financing (TIF) in connection with its corporate headquarters building proposed at the
NE quadrant of Excelsior Blvd & Monterey Dr. and receive feedback on the recommended amount
of TIF assistance.
POLICY CONSIDERATION: Does the EDA continue to support Bridgewater Bank’s corporate
office facility proposed at 4424 & 4400 Excelsior Blvd and 3743 Monterey Dr.? Is the EDA willing
to consider entering into a purchase and redevelopment contract to reimburse the Developer for up
to $950,000 in extraordinary site preparation costs through tax increment generated by the project
to enable it to achieve financial feasibility?
SUMMARY: Bridgewater Bank (“Developer”) proposes to redevelop three parcels located at the
NE quadrant of Excelsior Blvd & Monterey Dr.: 4424 & 4400 Excelsior Blvd, owned by the
Developer, and 3743 Monterey Dr., owned by the EDA. As part of the project, Bridgewater Bank
proposes to purchase the vacant EDA property, raze the two vacant commercial buildings and
construct a 4-story, 84,000 square foot Class A office building that would serve as its corporate
headquarters. The proposed mixed-use building would include space for the bank’s corporate
offices, a bank retail branch, 7,500 square feet of ground floor retail space, and a 19,775 square
foot entrepreneurial center. It would also feature a public plaza with public art and three levels of
structured parking. The proposed site and building plans were presented at the January 8th Study
Session where they were favorably received. Due to considerable extraordinary costs associated
with preparing the project site for redevelopment that negatively impact the project’s financial
feasibility, the Developer has applied to the EDA for Tax Increment Financing (TIF) assistance in
order for the development to achieve a market rate of return.
FINANCIAL OR BUDGET CONSIDERATION: The cost to construct the proposed office
building is approximately $36 million, of which there are more than $6 million in structured
parking costs and $2.4 million of extraordinary costs associated with redeveloping the subject site.
Upon review of the Developer’s project pro forma, it was determined that there is a financial gap
which prevents the project from achieving a market rate of return. In order to offset the minimal
amount of the extraordinary costs necessary to enable the project to become financially feasible,
it is proposed that the EDA consider reimbursing the Developer no more than $950,000 in pay-as-
you-go tax increment generated by the project for a term of approximately 12 years (final TIF sizing
subject to “look back” provisions). The Developer would acquire the parcel owned by the EDA
and needed by the project for the appraised value of $400,000. The current total market value of
the subject redevelopment site is under $4.2 million. Upon completion it is estimated that the proposed
project’s total taxable market value would be nearly $12 million (for TIF estimation purposes).
VISION CONSIDERATION: Not applicable.
SUPPORTING DOCUMENTS: Discussion
Site and Building Renderings
Prepared by: Greg Hunt, Economic Development Coordinator
Reviewed by: Karen Barton, Community Development Director
Approved by: Tom Harmening, EDA Executive Director and City Manager
Study Session Meeting of April 23, 2018 (Item No. 4) Page 2
Title: Bridgewater Bank’s Application for Tax Increment Financing Assistance
DISCUSSION
BACKGROUND: The proposed redevelopment site is located at the northeast corner of Excelsior
Blvd and Monterey Dr., across the street from Excelsior & Grand. The site is in the Wolfe Park
Neighborhood. It is just over one-half mile from the Cedar Lake LRT Regional Trail and the future
SWLRT Beltline Blvd Station.
PRESENT CONDITIONS:
The proposed redevelopment site (“subject site”) is 2.89 acres (2.42 after platting) and consists of
three parcels. The smallest parcel, at the southern tip of the site, is 4424 Excelsior Blvd and is
owned by Bridgewater Bank. It is occupied by a single story 6,300 square foot commercial
building originally constructed in 1948. The building was determined structurally substandard
according to an analysis by LHB (see TIF District section in this report). The property
immediately next door, 4400 Excelsior Blvd., is also owned by Bridgewater Bank. It is occupied
by an 18,500 square foot multi-tenant, commercial structure originally constructed in 1932, and a
second 4,400 square foot commercial building that was recently renovated and is occupied by a
Bridgewater Bank branch. The larger commercial building was also determined to be structurally
substandard. The substandard buildings on the site are both functionally obsolete in terms of design
and possess limited, circuitous access via an adjacent property, and are dated from an aesthetic
perspective. Lastly, the low-density site is underutilized from a market value perspective, given
the multi-story buildings in close proximity.
Study Session Meeting of April 23, 2018 (Item No. 4) Page 3
Title: Bridgewater Bank’s Application for Tax Increment Financing Assistance
The third property to the northwest is 3743 Monterey. It is vacant, other than volunteer trees, with
a significant slope. This .5 acre property is owned by the EDA. It was acquired in 1996 as part of
the land assemblage for the future Excelsior & Grand project and is currently a remnant. The EDA
retained ownership of the property in the event an acceptable mixed-use redevelopment
encompassing the parcels fronting on Excelsior Blvd eventually emerged.
There is a large grade change on the site, with the northern portion of the site lying approximately
20 feet below the grade of Excelsior Boulevard. The site is generally flat along Excelsior
Boulevard and Monterey Drive. The northern portions of the site are also generally flat and used
for a surface parking lot. There is also an existing 20 foot tall retaining wall on the property.
Given its location directly across the street from Excelsior & Grand in general and Trader Joe’s
in particular, as well as it’s visibility at the key Excelsior Blvd and Monterey Dr. intersection, the
proposed redevelopment site has long attracted interest from developers. All had contemplated a
multi-story, mixed use building on the site but were unable to move forward as they were unable
to assemble the entire site or, as was the case with the last proposal, failed to meet the Council’s
expectations.
CURRENT PROPOSAL: Bridgewater Bank (“Developer”) proposes to raze the two structurally
substandard buildings on the subject site and construct a 4-story, 84,000 square foot Class A office
building that would serve as its corporate headquarters. The building’s ground floor would include
a 7,100 square foot retail bank branch, a 4,700 square foot public area and 7,500 square feet of
retail space. The middle two floors would serve as the bank’s corporate offices. The top floor
would be occupied by a 19,775 square foot entrepreneurial center designed to foster the growth
and development of fledgling small businesses. The project would also feature a large pedestrian
plaza at the corner of Excelsior Boulevard and Monterey Drive with extensive landscaping,
outdoor seating, and space for public art. The plaza would provide open space and a protected area
underneath a portion of the building. The ground floor retail and restaurant storefronts have been
designed to face Excelsior Boulevard so as to activate the site. The proposed building also includes
three levels of structured parking with approximately 275 stalls.
Rendering of Bridgewater Bank’s proposed corporate headquarters building
Study Session Meeting of April 23, 2018 (Item No. 4) Page 4
Title: Bridgewater Bank’s Application for Tax Increment Financing Assistance
The renovated 4,400 square foot commercial building on the east side of the site and currently
occupied by a Bridgewater Bank branch would remain and be leased for other commercial
purposes.
Bridgewater Bank envisions commencing its corporate office project this fall and completing it
during the spring of 2020.
Job Retention and Creation
Bridgewater Bank expects to retain 20 FTE (full-time equivalent) positions in St. Louis Park and
estimates it will bring approximately 263 new FTE jobs to the city as a result of the proposed
project. The majority of the positions will offer wages in excess of $60,000 annually.
Application for Tax Increment Financing Assistance
According to the Developer, the extraordinary costs to redevelop the subject site adversely impact
the project’s financial performance rendering it infeasible. Consequently, it submitted an
application for tax increment financing assistance to mitigate the project’s financial gap. Tax
increment financing uses most of the increased future property taxes generated by a new
development to finance certain qualified development costs incurred by that project (such as those
noted below) for a limited period of time to enable the redevelopment to move forward.
Overview of Proposed Project’s Sources and Uses
Bridgewater Bank proposed corporate office project will consist of three components: the bank’s
corporate office and local retail branch, market-rate office space, and retail space. The EDA’s
financial consultant, Ehlers, conducted a thorough review of the Developer’s proposal based on
general industry standards for construction, land, and project costs, rents, operating expenses, fees,
underwriting and financing criteria, project cash flow, and investor rate of return (ROR). Based on
this detailed analysis, it collaborated with staff to determine to what extent the proposed project
may exhibit a financial gap justifying the use of TIF.
The total development cost (TDC) to construct the proposed Class A office building is estimated
at approximately $36 million. The project’s anticipated sources and uses are listed in the tables
below along with their respective percentage of the total development cost.
Project Financing Sources: Financing sources for the proposed office project are as follows:
SOURCES AMOUNT ($) % of TDC
First Mortgage Debt $27,006,102 75%
Developer Equity 8,052,034 22.4%
City of St. Louis Park TIF (proposed) 950,000 2.6%
TOTAL Project Sources $36,008,136 100%
Study Session Meeting of April 23, 2018 (Item No. 4) Page 5
Title: Bridgewater Bank’s Application for Tax Increment Financing Assistance
Project Uses: The Total Development Cost (TDC) of the office project is approximately $36
million which consists of the following:
USES AMOUNT ($) Per SF
Land $3,150,000 $42.90
Construction Costs 27,550,080 375.22
Professional Services 3,993,314 54.39
Financing Costs 1,314,742 17.91
Developer Fee 0 0
TOTAL Project Costs $36,008,136 $490.42
Land Cost: Bridgewater Bank currently owns two of the three parcels that constitute of the subject
redevelopment site. The land contribution for the subject property is $2.9 million which equals
approximately $43 per leasable sq. ft. According to Ehlers, this per square foot cost is within the
typical market range. As indicated above, the Developer has requested to acquire the third parcel
owned by the EDA which the EDA would convey for its appraised value price of $400,000.
Construction/Extraordinary Costs*: The combined construction and site preparation costs were
found to be on the higher side of the range found in other office building projects as the subject
site will require considerable soil correction, excavation, shoring and grading work as well as
three levels of structured parking. The Developer estimates it will incur more than $2.4 million in
extraordinary site preparation costs* and $6 million in structured parking as shown below.
Extraordinary Cost Estimates AMOUNT ($)
Building demolition and disposal 185,000
Soil testing and environmental consulting 10,595
Soil correction and remediation action plans 727,500
Excavation, shoring and site grading 1,512,000
Structured parking 6,009,582
TOTAL Extraordinary Costs & Structured Parking $8,444,677
*Extraordinary costs are expenses encountered over and above those which a developer would typically expect to
incur in a suburban development (e.g. asbestos removal, building demolition, contaminated soil removal and disposal,
storage tank removal and disposal, excavating, shoring, utility replacement, specialized stormwater management, etc.).
Under the MN TIF statute these types of costs are eligible for reimbursement through tax increment originating from
officially established Redevelopment TIF Districts.
Developer Fee: The Developer has chosen to forego taking a Development Fee for the project.
Total Development Cost (TDC): The TDC for the office project is approximately $490 per leasable
square foot which is within industry standards for the proposed type of development.
Project Cash Flow Projections
1.Net Lease Rates The projected net rent rates ranged from $23.50/SF for the market rate
office space, $27.00/SF for the bank offices and $30.00/SF for the ground floor retail and
commercial bank. Such rates are within the market ranges for the proposed uses.
2.Financing Structure: The Developer anticipates using a conventional 30-year mortgage at
a 5% interest rate and private equity. The financing terms are typical and reasonable for
the product type.
Study Session Meeting of April 23, 2018 (Item No. 4) Page 6
Title: Bridgewater Bank’s Application for Tax Increment Financing Assistance
3.Vacancy Rate: The proforma factors a 10% vacancy rate which is standard and reasonable
for a mixed-use commercial building.
4. Returns/Cash Flow: Based on the anticipated development costs, financing terms, and
potential rental income, the project’s estimated cash-on-cost (COC) return is 6.2%
without TIF assistance at the end of the TIF term, which is below industry standards to
attract investors.
Proposed Level of Assistance
For a Class A office building, such as the one proposed, the above rate of return would likely be
insufficient to attract the necessary equity capital needed to secure financing. Therefore, the
proposed project would not reasonably be expected to occur solely through private investment
within the reasonably near future. According to Ehlers, the industry standard for COC returns for
similar projects is 7 to 9 percent in order to raise equity and underwrite the project. Thus the
proposed project is not financially viable but for the provision of tax increment assistance.
In order for the proposed project to attain a 6.5% rate of return, it is estimated that $950,000 in tax
increment assistance would be necessary. That level of assistance would offset enough of the
extraordinary site costs described above to allow the project to achieve a rate of return sufficient
to proceed. Statutorily, the proposed tax increment assistance could only be applied toward the
project’s qualified costs. The Developer has indicated a willingness to move forward with the
proposed level of assistance.
Consistent with previous EDA redevelopment agreements, a "look back" provision would be
incorporated into the proposed purchase and redevelopment contract with the Developer. Per the
contract, the Developer would be required to submit final project costs and reports detailing the
actual financial performance of the project. The look back provision establishes a benchmark
return based on industry standards for similar projects. The look back provision ensures that if the
project produces a return exceeding the benchmark, the amount of TIF assistance provided is
reduced accordingly.
TIF Note
Project construction and completion is anticipated to take approximately 15 months and it is
anticipated that the first increment would be paid in 2020. Given current estimates of market value,
it is projected that a TIF Note for $950,000 would be paid off in approximately 12 years (on a net
present value basis). The Note would likely terminate with final payment on February 1, 2032.
The proposed project would be financed on a "pay-as-you-go" basis, which is the preferred
financing method under the City's TIF Policy. The Note would bear interest at the lesser of 5%, or
the Developer’s actual rate of financing. As with most EDA redevelopment contracts, the
Developer would be required to execute a Minimum Assessment Agreement for the value utilized
for projecting the amount of TIF assistance available.
TIF District
The subject site is within the City’s Redevelopment Project Area, which is the portion of the city
where the EDA may statutorily establish TIF districts. In order to provide the Developer with the
proposed tax increment, a new Redevelopment TIF District would need to be established.
Consulting firm LHB conducted a TIF district feasibility analysis to determine if the subject site
qualified as a Redevelopment District under Minnesota Statutes, Section 469.174, Subdivision 10.
After inspecting and evaluating the subject properties and applying current statutory criteria, LHB
Study Session Meeting of April 23, 2018 (Item No. 4) Page 7
Title: Bridgewater Bank’s Application for Tax Increment Financing Assistance
concluded in its report that the proposed TIF district qualifies as a Redevelopment District based
on the following findings:
• The proposed TIF District has a coverage calculation of 79.4 percent which exceeds the 70
percent requirement.
• 67 percent of the buildings are structurally substandard, which exceeds the 50 percent
requirement.
• The substandard buildings are reasonably distributed throughout the geographic area of the
proposed TIF District.
The proposed TIF district would include three parcels: 4424 and 4400 Excelsior Blvd, and 3743
Monterey Drive. A Redevelopment TIF District would allow for up to 26 years of tax increment.
The 3743 Monterey Dr. property currently lies within the Park Commons TIF District. Therefore,
that property would need to be decertified from the Park Commons TIF District in order to include
it in the proposed Bridgewater TIF District. Decertifying the parcel from the Park Commons TIF
District will not result in a negative impact to that district.
Property Value and Taxes
The current total market value of the subject redevelopment site is under $4.2 million. This is the
District’s Base Value. The estimated market value of the site upon the proposed project’s
completion (for TIF estimation purposes) is approximately $11.8 million. Discussion with the City
Assessor indicates that the property’s value at construction completion and occupancy would
likely be $18 to $20 million given current market conditions. This is well shy of the estimated
construction cost of $36 million but cost does not necessarily translate to assessed value
particularly in cases where there are high extraordinary costs and build-to-suit office buildings
with significant customized requirements (such as build-out, high security and vaults) which add
minimal market value. Most of the new value would be captured as tax increment and used to
make payments on the TIF Note until it is paid off and the TIF district is terminated. It is estimated
that the Bridgewater office building would generate approximately $443,500 in total property
taxes annually. The City, County and School District would continue to receive the property taxes
collected on the subject site’s Base Value. Although the EDA-owned parcel is currently tax
exempt, a base value would be assigned by the Assessor. The property taxes collected on the base
value of the EDA-owned parcel would not be captured in the TIF and would be paid to the local
taxing jurisdictions. Once the TIF Note was retired, the additional property taxes generated by the
project would accrue to the local taxing jurisdictions.
As noted above, the project could achieve a higher total market value once it is assessed for tax
purposes. Should the value of the project at the time of completion be higher than the estimated
amount, the principal amount of the TIF Note would be paid back sooner than the projected 12
years and local taxing jurisdictions would receive the benefit of having the full value for tax
purposes sooner than anticipated.
Conformance and Analysis under the City’s TIF Policy
Bridgewater Bank’s proposed corporate office project meets the following Minimum
Qualifications as outlined in the City’s TIF Policy:
•The project removes blight and/or encourages redevelopment in the commercial and
industrial areas of the City in order to encourage high quality development or
redevelopment and private reinvestment in those areas.
•The project is consistent with the City’s Comprehensive Plan and Zoning Ordinances.
Study Session Meeting of April 23, 2018 (Item No. 4) Page 8
Title: Bridgewater Bank’s Application for Tax Increment Financing Assistance
•The Redeveloper has demonstrated that the proposed project is not financially feasible
“but-for” the provision of tax increment financing.
•The Redeveloper has a track record of successful real estate development performance
and has demonstrated the capability to fully complete the project as proposed.
The proposed project meets the following “Desired Qualifications” as outlined in the TIF Policy:
•Creates a substantially higher ratio of property taxes paid before and after
redevelopment and provides a significant increase in taxable market value.
•Facilitates new construction on a site which would not likely be redeveloped to its
optimal use without such assistance.
•Redevelops underutilized property.
•Creates a high quality building (e.g. sound architectural design, quality construction
and materials) with public features.
•Retains existing and creates significant new employment opportunities.
In addition to the above, the proposed project would have the following additional benefits:
•Intensifies the subject site and makes optimal use of the property with an attractive
mixed-use development that is walkable and human-scale.
•Results in the sale of a long-held vacant EDA property.
•Complements, integrates with, and strengthens the Excelsior Blvd commercial
corridor.
•Helps stabilize the commercial businesses along Excelsior Blvd by increasing the
potential customer base.
•Incorporates Green Building design and features.
•Lies within a Priority Redevelopment Study Area as identified in the City’s
Comprehensive Plan.
•Incorporates Livable Communities and Transit Oriented Design principles.
•Located along an existing transit route.
Grading under Project Report Card
Bridgewater Bank’s TIF application for proposed redevelopment was graded according to the
Project Report Card provided within the City’s TIF Policy. The application was graded as follows:
•Ratio of Private to Public (TIF) financing
$36 million in private development costs to $950,000 in TIF assistance resulted in
nearly a $38 to $1 private/public ratio which resulted in an “A” on the scale.
•Increase in Real Estate Value
The total market value of the subject redevelopment site is currently less than $4.2
million. The projected market value upon redevelopment is $11.8 million. This is a
ratio of $1:$2.82 which garnered a “C” on the scale.
•Job Retention in the City
The total number of FTE jobs expected to be retained in the city as a result of the
proposed project is 20. This level of job retention garnered a “C” on the scale.
•Job Creation in the City
The total number of new FTE jobs expected to be created in the city as a result of the
proposed project is estimated at more than 260. This level of job creation garnered an
“A” on the scale.
Study Session Meeting of April 23, 2018 (Item No. 4) Page 9
Title: Bridgewater Bank’s Application for Tax Increment Financing Assistance
•Ratio of TIF investment to Jobs Retained and Created
$950,000 in TIF assistance divided by 283 jobs retained or created in the city resulted
in a ratio of $3,357 in assistance for each job resulted in an “A” on the scale.
•Pay level of FTE jobs
The average annual pay range for a majority of the FTE employees would be in excess
of $60,000 resulting in an “A” on the scale.
The proposed project received bonus points for:
•assembling all the properties required for the redevelopment,
•redeveloping blighted/environmentally challenging property,
•being part of a mixed-use development,
•adding value to the surrounding neighborhood,
•incorporating livable communities and LEED principles,
•acting as a catalyst for further investment in the surrounding neighborhood,
•being located in one of the City’s Priority Redevelopment Study Areas,
•having a significant community impact.
Upon calculation of all applicable factors and bonus points, the Bridgewater corporate office
project received a final grade of “B” according to the Project Report Card within the TIF Policy.
Conformance with the City’s Business Subsidy Policy
Any TIF assistance provided to Bridgewater Bank for the proposed redevelopment would be
exempt from state business subsidy requirements as it relates to pollution control/abatement, and
redevelopment (Section 116J.993, Subdivision 3). Therefore, no public subsidy hearing would be
required; however, the EDA would still be subject a modified reporting requirements.
Summary and Recommendation
The cost to construct Bridgewater’s corporate office building is approximately $36 million. Upon
completion, the project’s total taxable market value is estimated at $11.8 million. Based upon its
analysis of the project’s proforma, Ehlers determined that the proposed office building has a
financial gap and is not economically feasible but for the provision of $950,000 in tax increment
financing. To offset this gap, it is proposed that the EDA consider reimbursing the Developer up
to a total of $950,000 in pay-as-you-go tax increment generated by the project for a term of
approximately 12 years.
Providing tax increment financing assistance to the proposed redevelopment makes it possible to
construct a high quality office building consistent with the Comprehensive Plan, bring the subject
properties to optimal market value, provide the community with additional commercial space and
create new, well-paying employment opportunities. The proposed amount of TIF assistance is in-
line with other developments the EDA has previously assisted. As a reminder, the tax increment
would be generated by the project itself and would only be provided to the Developer once
construction was satisfactorily completed and the Developer supplies statements verifying that it
had incurred the specified qualified costs. The EDA would be obligated to provide assistance to
the project only to the extent that the project generates sufficient tax increment to make the bi-
annual payments.
Bridgewater Bank’s proposed redevelopment meets the City’s objectives for the provision of Tax
Increment Financing as specified in the City’s TIF Policy. As noted above, the project meets all
Study Session Meeting of April 23, 2018 (Item No. 4) Page 10
Title: Bridgewater Bank’s Application for Tax Increment Financing Assistance
the Minimum and Desired Qualifications for providing TIF assistance and received a final grade
of “B” according to the Project Report Card within the TIF Policy. Furthermore, it has been
demonstrated that the proposed project is not financially feasible but for the provision of tax
increment financing. Given these findings, Staff supports reimbursing the Developer for qualified
site preparation costs up to $950,000 in pay-as-you-go tax increment generated by the proposed
office project to enable the redevelopment to proceed.
NEXT STEPS:
As with all such TIF applications, it is at the EDA’s discretion as to whether it wishes to provide
the proposed project financial assistance at the recommended level. Provided the EDA supports
issuance of tax increment to the subject project as proposed, staff will begin preparing business
terms for the provision of the assistance. Such terms would be presented to the EDA for its review
at a subsequent study session and would be incorporated into a Purchase and Redevelopment
Contract with Bridgewater Bank requiring formal EDA approval. Staff will also begin the process
of formally establishing the proposed Bridgewater TIF District; the financial vehicle through
which the assistance would be provided. The first step of which will be to call for a public hearing
date. Thus on May 7th the EDA will request permission from the City Council to hold a public
hearing on the establishment of the Bridgewater TIF District and the conveyance of property to
the Developer on July 2nd.
Study Session Meeting of April 23, 2018 (Item No. 4) Page 11
Title: Bridgewater Bank’s Application for Tax Increment Financing Assistance
SITE PLAN
BUILDING RENDERING
Meeting: Study Session
Meeting Date: April 23, 2018
Written Report: 5
EXECUTIVE SUMMARY
TITLE: 2018/2019 Neighborhood Grants
RECOMMENDED ACTION: This report provides an update on the proposed 2018/2019
Neighborhood Grant awards.
POLICY CONSIDERATION: None at this time. The Council will be asked to provide final
approval at its May 7 meeting?
SUMMARY: Each year grant funding is made available to neighborhood associations to promote
strong neighborhoods and enhance community connections by bringing neighbors together. Grant
applications from 21 neighborhoods were received in March. On Wednesday, April 4 Breanna
Freedman facilitated the grant review process with Grant Review Committee Members Erica
Bagstad (Westwood Hills), Laura Smith (City Staff), and Sgt. Lewis (City Staff). Another St. Louis
Park resident who intended on being part of the review process, was unable to attend at the last
minute due to a family emergency. The Grant Review Committee met to review the grant
applications and make funding recommendations to the City Council. Attached is a worksheet that
provides specific detail on the recommendations made by the Grant Review Committee.
FINANCIAL OR BUDGET CONSIDERATION: The Grant Review Committee recommends
approval of $33,410 to fund the following 21 neighborhood grants:
$1250 Aquila $2100 Birchwood $1943 Blackstone
$1900 Bronx Park $670 Brooklawns $2000 Brookside
$2100 Browndale $1200 Cobblecrest $2082 Creekside
$1175 Crestview $1425 Eliot View $2075 Elmwood
$805 Kilmer Pond $1225 Lake Forest $2000 Minikahda Oaks
$1220 Minikahda Vista $2025 Minnehaha $2100 Sorensen
$650 South Oak Hill $1600 Westwood Hills $1865 Wolfe Park
The Grant Review Committee recommends approval of $1,855 to fund environmental grants for
sixteen neighborhoods (see attachment).
The Grant Review Committee recommends approval of $6,000 to fund insurance purchases for
fourteen neighborhoods (see attachment).
VISION CONSIDERATION: St. Louis Park is committed to being a connected and engaged
community.
SUPPORTING DOCUMENTS: Discussion
2018/19 Neighborhood Grant Guidelines
2018/19 Neighborhood Grant Worksheet
Prepared by: Breanna Freedman, Community Liaison
Reviewed by: Michael Harcey, Chief of Police
Approved by: Tom Harmening, City Manager
Study Session Meeting of April 23, 2018 (Item No. 5) Page 2
Title: 2018/2019 Neighborhood Grants
DISCUSSION
BACKGROUND: Each year grant funding is made available to neighborhood associations to
promote strong neighborhoods and enhance community connections by bringing neighbors
together. The City Council appropriated $40,000 in grant funds for the 2018 neighborhood grant
program, $2,000 for environmental initiatives, and $8,000 for insurance.
Neighborhood Associations are responsible for providing insurance when planning neighborhood
events in parks that bring outside equipment into the park such as, but not limited to, moonwalks,
petting zoos, etc. Neighborhood associations can apply for a maximum of $500, in addition to the
standard grant, to assist with purchasing insurance.
Grant applications from 21 neighborhoods were received in March. The total grant request for
2018/2019 was $34,872. Thirteen of these neighborhoods also applied for additional insurance
reimbursements and seventeen neighborhoods applied for the environmental component. The total
amount applied for the environmental component came in slightly under budget at $1,930.
In the past year a few neighborhoods have become more active and are planning more events and
activities. There are some neighborhoods that have been stagnant or declined in activity and did
not apply for much additional funding than in previous years. Outside of those exceptions, most
neighborhoods have been active and utilize all or a majority of the grant money provided. There
was one neighborhood, Meadowbrook, which became organized last year that applied for the
2017/18 grant, but did not reapply for the 2018/2019 grant. The Grant Review Committee met on
Wednesday, April 4 and evaluated each grant application and made funding recommendations to
meet the $40,000 budget for the neighborhood grants. The grant applications came in $5,128 under
budget. Although there was additional funding available, the Grant Review Committee did not
fund proposed projects or activities that did not fall within the grant guidelines. One item that the
grant review committee did not choose to fund for any neighborhood was door prizes, as they felt
this did not fall into the goals of the grant. The committee made up of one resident and two city
staff members did an excellent job evaluating each grant against the grant guidelines. In doing so,
they met the goal of the grants which is to support neighborhoods and enhance community
connections by bringing neighbors together.
Based on the recommendations, there will be $6,590 remaining in the grant fund. It is planned to
have an opportunity for neighborhoods to apply for additional funding throughout the year to
supplement existing projects/events/activities, or to fund new ideas as long as it continues to fit
within the grant guidelines. This has been helpful in years past, (2016/2017), as some
neighborhoods have had unanticipated additional costs for events or have had new ideas for
neighborhood events throughout the year. This has been called the “Special Project Fund”.
Study Session Meeting of April 23, 2018 (Item No. 5) Page 3
Title: 2018/2019 Neighborhood Grants
NEIGHBORHOOD REVITALIZATION PROGRAM
2018/2019 GRANT GUIDELINES
Grant Purpose
In 1996, the City of St. Louis Park established this grant program to support neighborhoods and
enhance community connections by bringing neighbors together. Financial support is provided
for special projects initiated by neighbors to address issues, implement ideas or create
opportunities that are meaningful and important to their neighborhoods. This purpose still applies
today and supports the Vision Strategic Direction: St. Louis Park is committed to being a
connected and engaged community.
In 2018/2019, up to $40,000 in grants will be available to organized St. Louis Park neighborhoods
for activities that physically improve the neighborhood, enhance the sense of community within
the neighborhood, support citizen involvement, or develop neighborhood leadership.
Environmental Grant: An additional $2,000 in grants will be available to neighborhoods that
incorporate an environmental component either in conjunction with an existing event or adding a
new program/event. This new grant element ties to the Vision Strategic Direction: 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.
Money is also available for neighborhood associations seeking additional insurance for
neighborhood activities. More information is available under “Funding for Insurance”.
Eligible Activities
Examples of eligible uses for grant funds are: newsletters, meetings, postage, picnics, parties,
youth or senior programs, new neighbor welcome, hayrides, ice cream socials, children’s parades,
entrance signs, flower plantings, or park improvements. However, neighborhoods are not limited
to these examples. Residents are encouraged to be creative in assessing their needs and
determining the projects they want to undertake as a neighborhood. Neighborhood leaders are
required to include neighborhood resident input for proposed projects. How you choose to
receive this input must be included in the grant application.
Examples of eligible expenses for the environmental component are: purchasing environmentally
friendly products for a neighborhood event, hosting an earth day or buckthorn removal event, and
working with our Parks & Rec department to add plants or recycling containers to a park.
Neighborhood Grants will not fund:
•Payment for services provided by neighborhood residents such as babysitters, attendants
(this should be counted as in-kind services)
•Advertisements for non-neighborhood related events
Eligible Applicants
In order to be eligible for the Neighborhood Grants, you MUST be recognized as a neighborhood
association. To be recognized as a neighborhood association, you must demonstrate and document
that your neighborhood association meets the following requirements:
1.Must have at least three elected officers from the neighborhood
2. Have a method of transferring leadership from one year to the next
3. Written bylaws approved by its membership, which must be reviewed annually
4. Must hold an annual neighborhood meeting
Study Session Meeting of April 23, 2018 (Item No. 5) Page 4
Title: 2018/2019 Neighborhood Grants
Matching Grant Funds
To qualify for a grant, a neighborhood must demonstrate how it will contribute to or leverage the
Neighborhood Revitalization grant funds. A match of neighborhood resources maximizes the use
of limited City funds and confirms the commitment from each neighborhood. Neighborhoods
should provide a 100% (dollar for dollar) match to the grant amount. Any combination of sources
is acceptable in calculating the neighborhood match. These can be in the form of:
•Cash raised through fundraising •Fees collected at activities
•Donations from businesses, civic groups, etc. • In-kind services or sweat equity
Innovative Projects
The neighborhood activity cannot duplicate a service already in place.
Improvements to Private Property
Neighborhoods should be aware that legal issues limit the use of City funds to improve private
property. Applicants should be able to clearly demonstrate a strong public purpose for funds
proposed to improve private property in any way.
Improvements to Public Land or Parks
Physical improvements to any public property must be coordinated with the appropriate City
department. It should not conflict with or duplicate a project in the City’s Capital Improvements
Program. A letter of feasibility must be included with a grant application that requests funding for
park improvements. This letter should confirm that the appropriate City department has reviewed
the proposed improvements, that the proposal is feasible, and that the project budget is a reasonable
estimate of project costs.
City department contacts for capital improvements:
•Rick Beane, Parks and Recreation Department, 952-928-2854
Old Grants
Neighborhoods with a previous grant must close out their account before new grant funds are
awarded. The deadline to close out 2017 grants is April 30, 2018. Neighborhoods that received a
lump sum advance amount for a 2017 grant must turn in all outstanding receipts or reimburse the
city for funds not used.
2018/2019 Grant Deadlines
2018/19 grants will run from May 1, 2018 to April 30, 2019. All receipts for expenses incurred
in 2018 should be turned in by December 29, 2018. All 2018 receipts are due by May 1, 2019.
Funding Priorities
Up to $40,000 is available for grants to neighborhoods in this funding cycle, with an additional
$2,000 available for environmental components. However, with 26 organized neighborhoods
eligible for funds, the process is competitive. Neighborhood leaders are advised to request funds
for their most important needs. During the grant review process, greater consideration will be
given to proposals that enhance community connections and show a greater match amount. Lesser
consideration will be given to proposals for park improvements and proposals that show a large
expenditure for a single activity. Garage sales will be given the lowest priority. If grant requests
exceed the amount available for funding, garage sales will not be funded.
Study Session Meeting of April 23, 2018 (Item No. 5) Page 5
Title: 2018/2019 Neighborhood Grants
Funding for Insurance
When planning neighborhood events in parks, you may be required to make provisions to use your
own insurance. Neighborhood Associations are responsible for providing outside insurance when
planning neighborhood events in parks that bring outside equipment into the park such as, but not
limited to moonwalks, petting zoos, etc. Without clear delineation of who is responsible in case
of accidents, neighborhood leaders may be held liable.
To assist neighborhood associations with purchasing additional insurance, you can apply for a
maximum of $500 per neighborhood in addition to the standard grant request. This money is
strictly for insurance and cannot be used for any other reimbursement.
Award Limits
•Group activities, social events and meetings are considered for funding up to a maximum of
$700 per activity.
•There is a $2100 grant award limit per neighborhood for all requests. Any neighborhood
requesting more than $1500 is advised to include priority preferences on their application.
•Neighborhoods can apply for up to $150 for environmental projects.
•$500 per neighborhood is available for the purchase of insurance.
Grant Process Steps
1. Apply - Applications must be received by 4:30 p.m. on Friday, March 23, 2018. They may be
mailed or hand-delivered to Breanna Freedman, Community Liaison, City of St. Louis Park,
3015 Raleigh Ave. South, St. Louis Park, MN 55416. Grants may also be submitted by email
to bfreedman@stlouispark.org or faxed to 952-924-2676. Any applications received after the
deadline will not be eligible to receive a grant. Please email Breanna if you would like to
receive an electronic grant application.
2.Review Time - City staff and a committee of volunteer neighborhood leaders will review the
grant proposals and make recommendations for approval to the City Manager.
3. Final Approval - Final authorization of the awards will be approved at a City Council Meeting
late April or early May.
4.Signed Agreements - Within two weeks of approval, each recipient neighborhood will receive
a grant agreement from the City. The agreement must be signed and returned prior to any
funds being released.
Pre-application Assistance
All applicants are strongly encouraged to talk to city staff as they work to identify projects and put
together their applications. This will help to ensure complete and accurate applications, as well as
streamline application review.
Electronic Application
Contact Breanna Freedman at bfreedman@stlouispark.org or 952-924-2184 if you would like an
electronic application (Microsoft Excel) emailed to you.
Questions?
Contact Breanna Freedman, Community Liaison
(952) 924-2184 or bfreedman@stlouispark.org
Study Session Meeting of April 23, 2018 (Item No. 5) Page 6
Title: 2018/2019 Neighborhood Grants
Grant Committee Worksheet
2018 Neighborhood Grant Request
Grant Review Committee Meeting, Wednesday, April 4 at 5:30 p.m. in the Westwood Room of City Hall
The Grant Review Committee reviewed the 21 neighborhood grant applications from the eligible neighborhood associations
Requests totaled $34,872 Total Amount Recommended:
Insurance Requests came in under budget at $6,000
Environmental Requestes came in under budget at $1,930
Requested Amount Recommended Amount
$1,250 Aquila $1,250
$700 Picnic/Annual Meeting
$550 Newsletter
$50 Insurance Request $150
$150 Trail Clean Up $50
$2,100 Birchwood $2,100
$450 Ice Cream Social/Summer Party
$200 Newsletter
$550 Winter Party
$500 Movie Night
$400 Fun Run/Walk
$500 Insurance Request $150
$150 Reusable Waste signage and compostables $500
$1,943 Blackstone $1,943
$318 Porta Potty
$100 Blackstone Park Lawn & Trees
$325 Ice Cream & Sliders
$550 National Night Out
$400 Pizza Night
$100 Election/Winter Gathering
$150 Operating Support
$150 Insurance Request $150
$150 Flowers for Blackstone Park $150
$1,960 Bronx Park $1,900
$700 Annual Neighborhood Picnic
$700 Social Activities
$400 Neighborhood Newsletter
$100 General Meeting Expenses
$500 Insurance Request
Cut $60 for door prizes
Study Session Meeting of April 23, 2018 (Item No. 5) Page 7
Title: 2018/2019 Neighborhood Grants
Requested Amount Recommended Amount
$670 Brooklawns $670
$270 National Night Out
$100 Sherm's Get Together
$200 New Neighbor Welcome Bag
$70 Fall Planter Swap/Decoration
$30 Halloween Event
$75 Justad Relief $75
$2,000 Brookside $2,000
$600 National Night Out
$250 Annual Meeting
$150 Movie Nights at Jackley Park
$150 Patriotic Bike Parade
$150 Skating Parties at Jackley Park
$100 Welcome Baskets
$100 Fall Neighborhood Party
$150 Artisan Flea Market
$200 Ice Cream Social
$150 Porta Potty at Jackley (shared with Creekside)
$400 Insurance Request $400
$100 Jackley Park Clean Up $100
$2,100 Browndale $2,100
$200 Browndale Goes
$650 Fall Bonfire & Bluegrass
$850 Family Camp Outs
$200 Winterfest
$200 Spring Egg Hunt
$500 Insurance Request $500
$150 Woodchip Replacement Event $150
$1,200 Cobblecrest $1,200
$800 Hayride/Family Day at Aquila
$500 National Night Out & Neighborhood Gatherings
$500 Insurance Request $500
$50 Compostable Products $50
$2,082
$2,082 Creekside
$20 Plant Exchange
$755 Block party
$160 Butterfly Garden
$265 Winter Solstace
$150 Movie Night
$42 Annual Meeting
$30 Buckthorn Removal
$500 Bowling Event
$160 National Night Out
$30 Creekside Cleanup $30
$500 Insurance Request $500
Study Session Meeting of April 23, 2018 (Item No. 5) Page 8
Title: 2018/2019 Neighborhood Grants
Requested Amount Recommended Amount
$1,225 Crestview $1,175
$400 Movie Night
$150 Neighborhood Skating Party
$625 Summer Solstice Picnic
$1,600 Eliot View $1,425
$600 Annual Picnic & Election
$550 Youth Activity/Fitness
$150 Garden Show and Ice Cream Social
$300 Movie Night
$2,100 Elmwood $2,075
$550 Summer Picnic
$350 Kids Halloween and Pumpkin Carving Party
$400 Bowling Party
$100 Ice Cream Social
$75 Annual Meeting
$600 Shed for storage
$150 Porta Potty Rental $150
$500 Insurance $500
$805 Kilmer Pond $805
$685 Halloween Hayride
$120 National Night Out
$50 Garden and Pland Maintenance $50
Requested Amount Recommended Amount
$1,225 Lake Forest $1,225
$700 Neighborhood Annual Summer Party
$300 National Night Out Block parties
$55 General Association Supplies
$70 Neighborhood Fend and sign maintenance
$100 Neighborhood Gardens
$50 Compostable Products $50.00
$2,000 Minikahda Oaks $2,000
$400 Spring Eye Opener and Planting
$200 National Night Out
$600 Annual Picnic
$500 Progressive Dinner
$300 Spring Egg Hunt
$500 Insurance Request $500
$150 Neighborhood Clean up and Beautification $150
$1,557 Minikahda Vista $1,220
$200 Annual Meeting
$300 History time
$55 Scavenger Hunt
$665 National Night Out
$300 Insurance Request
$75 Plant Swap $0
Cut $225 from scavenger hunt for prizes.
Cut $112 from National Night Out for
childcare
Cut $25 for childcare at annual
meeting
Cut $50 for prizes
Cut $175 for door prizes
Study Session Meeting of April 23, 2018 (Item No. 5) Page 9
Title: 2018/2019 Neighborhood Grants
Requested Amount Recommended Amount
$2,790 Minnehaha $2,025
$700 National Night Out
$150 Children's Play Time
$500 Movie Nights
$200 Happy Hours
$475 Halloween Party/Sledding Party/Neighborhood BBQ
$150 Creek/garden clean up $150
$500 Insurance Request $500
$2,100 Sorensen $2,100
$725 Neighborhood Newsletters
$675 Annual Fall Social
$225 Annual Sorensen Meeting
$300 Webster Park Porta Potty
$175 Wine and Cheese Fundraiser
$150 Sustainable food storage wraps $150
$700 South Oak Hill $650
$200 Neighborhood Meeting and Pizza
$200 Summer Ice Cream Social
$250 Neighborhood Happy Hours
$500 Insurance Request $500
$1,600 Westwood Hills $1,600
$150 Ladies Night Out
$450 Bowling Party
$150 Guys Night Out
$250 Summer Kick Off Party
$600 National Night Out
$100 Insurance Request $100
$150 Neighborhood Native Plants $150
$1,865 Wolfe Park $1,865
$400 National Night Out
$300 Open Community Forums
$370 Newsletter
$245 Picnic and Concert in Wolfe Park
$550 Cultural Event at Pavek Museum
$500 Insurance Request $500
$150 Wolfe Park and Bass Lake Clean Up $150
$34,872 Total Requested by All Neighborhoods $33,410
$6,000 Total Insurance Request $600
$1,930 Total Environmental Request $1,855
Total Recommended Amount
Cut $50 for reward/prize for activity
Cut $765 to meet maximum amount
distributed
Meeting: Study Session
Meeting Date: April 23, 2018
Written Report: 6
EXECUTIVE SUMMARY
TITLE: Update on 2018 Hennepin County Infrastructure Projects
RECOMMENDED ACTION: None at this time.
POLICY CONSIDERATION: Does the City Council have questions regarding the Hennepin
County projects?
SUMMARY: Hennepin County is proposing to complete a number of roadway improvement
projects within the city limits of St. Louis Park in 2018. These projects are intended to address
pavement condition and enhance bike facilities on county owned roadways in our community.
The County will be working on segments of Excelsior Boulevard (CSAH 3) and Minnetonka
Boulevard (CSAH 5). More information related to the type of work and locations can be found in
the following pages.
FINANCIAL OR BUDGET CONSIDERATION: Not applicable.
VISION CONSIDERATION: Not applicable.
SUPPORTING DOCUMENTS: Discussion
Location Map Exhibit
SWLRT Trail Detour Map
Prepared by: Jack Sullivan, Senior Engineering Project Manager
Ben Manibog Jr., Transportation Engineer
Reviewed by: Debra Heiser, Engineering Director
Approved by: Tom Harmening, City Manager
Study Session Meeting of April 23, 2018 (Item No. 6) Page 2
Title: Update on 2018 Hennepin County Infrastructure Projects
DISCUSSION
BACKGROUND: This summer, Hennepin County has scheduled pavement and pedestrian ramp
improvements within the city. The following maintenance projects are typically completed under
traffic. They will close a lane of traffic at a time to complete the necessary work. Each segment is
expected to take 2-3 weeks to complete.
Excelsior Boulevard (CSAH 3)
• Pavement Mill and Overlay – From Monterey Drive/38th Street to France Avenue
This project includes milling and paving all lanes of traffic from just east of Monterey
Drive to just east of France Avenue. The road will be restriped after the pavement work
is complete.
• Pedestrian Ramps Upgrades
This project includes upgrading various pedestrian ramps to meet ADA requirements.
The ramps at Monterey Drive and at Quentin Avenue signalized intersections will be
rebuilt to ADA standards, new push buttons installed, and an Audible Pedestrian
System will be added.
At Meadowbrook Lane, the ramps will be improved, and the bus shelter pad will be
completely replaced. Additional concrete walk will be constructed to connect the
shelter to the crosswalk.
The intersection at Grand Way from Excelsior Blvd is enhanced with decorative pavers
and other streetscape elements. In order to ensure that the ramp upgrades fit into the
streetscape, the City is working on a separate redesign for this intersection. Once the
design is complete, we will work with Hennepin County to complete this work.
Minnetonka Boulevard (CSAH 5)
• Pavement Mill and Overlay - From Edgewood Avenue to Vernon Avenue
This project includes milling and paving all lanes of traffic from just west of Edgewood
Avenue to the limits of the Highway 100 construction at Lake Street/Vernon Avenue
intersection. The road will be restriped after the pavement work is complete to
accommodate bike lanes.
• Bike Lane Signage and Striping – Aquila Avenue to Highway 100
Minnetonka Boulevard has been on the County’s Tier 1 bikeway system for a number
of years now. However, the existing signing and striping does not meet current best
practices for bike lanes. In anticipation of the upcoming construction of SWLRT and
the closing of the adjacent regional trail, it will be necessary to create a detour for all
bicycle and pedestrian traffic. The detour will be to direct users to the North Cedar
Lake Trail, Minnetonka Boulevard and back down to the Cedar Lake Trail via the
existing trail system adjacent to Highway 100. See attached map for the detour route.
The bike lane project will begin at Aquila Avenue and end at the recent Highway 100
project. The bike lanes are anticipated to continue west of Aquila Avenue in to
Minnetonka in with future County projects.
Study Session Meeting of April 23, 2018 (Item No. 6) Page 3
Title: Update on 2018 Hennepin County Infrastructure Projects
In order to facilitate the installation of bike lanes at the intersection of Minnetonka
Boulevard and Dakota Avenue staff has begun the process of removing parking in the
northwest quadrant of the intersection. A separate no parking resolution will be
forwarded to Council at a future meeting.
Communication
The County typically informs the City about a week in advance of beginning work and places
advanced construction signage to notify the public. They have indicated that they will do the
following for communication:
•send a direct mailing to the adjacent property owners,
•maintain a project website.
•Install signs on the road a week in advance of the work notifying drivers.
As a courtesy, city staff will send out road work notifications via our social media directing
questions to the County website and their project manager.
Schedule
At this time the County does not have a schedule for the proposed work.
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Hennepin County - 2018 Projects
Legend
GF Pedestrian Ramp Upgrades
^_On-Street Parking Change
Bike Lane Striping
Mill & Overlay
Study Session Meeting of April 23, 2018 (Item No. 6)
Title: Update on 2018 Hennepin County Infrastructure Projects Page 4
Study Session Meeting of April 23, 2018 (Item No. 6) Title: Update on 2018 Hennepin County Infrastructure ProjectsPage 5
Study Session Meeting of April 23, 2018 (Item No. 6) Title: Update on 2018 Hennepin County Infrastructure ProjectsPage 6
Meeting: Study Session
Meeting Date: April 23, 2018
Written Report: 7
EXECUTIVE SUMMARY
TITLE: SWLRT Update – April 2018
RECOMMENDED ACTION: None. The purpose of this report is to provide the City Council
with an update on the status and actions regarding the SWLRT project.
POLICY CONSIDERATION: None at this time.
SUMMARY: In December of last year (2017) the Met Council issued an addendum to the Civil
Construction Contract Invitation for Bids (IFB) which extended the due date for bids to May 3,
2018. The extension has provided time for the Met Council to complete the supplemental
environmental work for modifications made to the SWLRT project design since the Environmental
Impact Statement was finalized in 2016. These changes included modifications to reduce costs and
the addition of a corridor protection wall separating the freight rail tracks from the LRT tracks
between Bryn Mawr station and Royalston Station.
The extension changes the project schedules. The new Overall Project Schedule and project
milestones are attached. The Met Council anticipates awarding a Civil Construction Contract in
August and a Limited Notice to Proceed in September. This would allow the contractor to mobilize
construction in 2018 and continue into 2021. Revenue service would begin in 2023.
Property acquisition and business relocations in St. Louis Park needed for the project are on-going
and intended to be mostly completed by September, 2018. Fifteen parcels are affected and ten
businesses will need to be relocated. Attached is a table listing the status of the properties and
businesses. For 3 parcels, only a small portion of the parcel is needed; and, in the case of 4 other
parcels only temporary easements are needed. The 10 businesses on the 8 full site acquisitions will
need to relocate. Consultants are working with the businesses to assist in their relocation.
The changes to the project schedule means the Subordinate Funding Agreements between the City
and the Met Council will also need to be updated. This is expected to occur in May/June 2018.
FINANCIAL OR BUDGET CONSIDERATION: Not applicable.
VISION CONSIDERATION: St. Louis Park is committed to being a connected and engaged
community.
SUPPORTING DOCUMENTS: Discussion
Schedule
Acquisitions
Milestones Chart
Prepared by: Kevin Locke, Community Development Specialist
Reviewed by: Karen Barton, Community Development Director
Approved by: Tom Harmening, City Manager
Study Session Meeting of April 23, 2018 (Item No. 7) Page 2
Title: SWLRT Update – April 2018
DISCUSSION
Project Schedule
The revised SWLRT (Green Line Extension) revised schedule is as outlined below.
1. Civil Construction Bids Due – May 3, 2018
2. Met Council awards a Contract and provides a Limited Notice to proceed - August 2018
3. Letter of No Prejudice (LONP) – July 2018
Since the intent is for the Civil Construction contractor to begin work before a Full Funding
Grant Agreement (FFGA) is received from the FTA, it is critical that the prime project funders,
the FTA and Hennepin County provide LONP to the Met Council ensuring that the funds spent
in advance of the FFGA issuance on construction will count as matching funds toward the
projects FTA grant.
4. Met Council receives an FFGA for the SWLRT project – 1st quarter 2019
5. Project Construction – September 2018 thru 2021
6. Integration Testing – 2022
This is careful and thorough testing of the SWLRT line and equipment before the line is put in
service with real passengers.
7. The Green Line Extension becomes operational; Revenue Operations begin – 2023
Supplemental Environmental Assessment (SEA) – Issued February 22, 2018
This is the work needed to meet the environmental analysis requirements of both the federal
National Environmental Policy Act and the Minnesota Environmental Policy Act resulting from
the changes to the SWLRT project since the completion of the Environmental Impact Statement
process called the Record of Decision (ROD) in 2016.
The process included opportunities for community input. A Community Town Hall Meeting was
held 3/22 and a 45 day comment period which ended 4/9 provided opportunities for input. Other
community presentations and tours, as well as a pop-up events and information on the project
website also were provided.
The SEA addresses 10 changes since the ROD in 2016, including the corridor protection wall
between Bryn Mawr Station and the Royalston Station, which resulted from negotiations with
BNSF Railroad. Wall impact mitigation actions are included in the SWLRT project and include
plantings, enhancements to the wall design and interpretive elements to address the potential
impacts on the St. Paul, Minneapolis & Manitoba/Great Northern Railway Historic District in
which the protection wall will be built.
Among the changes evaluated are three that are within St. Louis Park. One is a section of wall
along Minnehaha Creek required by MCWD, which expands the SWLRT project’s official Limits
of Disturbance (LOD) area by 40 SF. A second is the rerouting of Cedar Lake LRT regional trail
during construction, rather than attempting to keep it operational during SWLRT construction as
originally planned. And the third is potential changes to the construction laydown area at the
Beltline Blvd Station; specifically, the possibility of using Hennepin County’s vacant site along
Beltline Blvd directly south of the Beltline Blvd Station for a laydown area. The laydown area is
a space for the construction contractor to temporarily laydown or store material being used in the
construction of the SWLRT project. The SEA anticipates no significant negative impacts from
these changes to the project design located in SLP.
Study Session Meeting of April 23, 2018 (Item No. 7) Page 3
Title: SWLRT Update – April 2018
The next step in environmental process is for the Met Council to respond to all substantive
comments received during the 45 day comment period, and document the agencies work and basis
for making decisions. Under federal environmental law, the FTA will need to issue an amended
ROD; and, under Minnesota environmental law, the Met Council will need to decide whether to
issue a Negative Declaration regarding the potential impacts of the changes to the design/plan and
whether a further environmental analysis is warranted. The SEA will form the basis for the FTA
and Met Council’s conclusions.
Met Council Acquisitions
The attached Summary of Acquisition table lists all the privately owned properties which are being
acquired in totality or partially; and, the parcels where temporary construction easements are
needed. The full acquisitions are parcels needed for the Louisiana Station (parcels 601 – 603), the
south freight rail connection (parcels 605, 607 & 608) or the Beltline Station (parcel 612 & 615).
The goal is to have title and possession of the properties by September or as close to that date as
possible. September is when the Met Council intends to provide a limited notice to proceed to the
civil construction contractor. Having title and possession of most of the SWLRT property will
simplify the construction process. Eleven of the 15 affected private parcels have been acquired and
a twelfth is scheduled to close in August. The other properties are expected to be acquired early in
2019.
The 10 businesses are located on the 8 parcels that need to be acquired in totality. These businesses
will need to relocate. They are each entitled to compensation for the costs associated with moving
and re-establishing their business in a new location. Everything from the cost of change of address
mailings and printing new stationary and business cards, to the cost of utility connections and
literally moving furniture and equipment is covered by relocation assistance. In situations when
specialized equipment needs to be moved, relocation benefits include setting up the equipment in
the new location and can include making improvements at the new location to accommodate the
requirements of the relocated equipment.
Notable relocations include Ace Supply, which has purchased a building in Eden Prairie and
Vision Bank which is constructing a new building in St. Louis Park along CSAH 25. Because of
the complexity of the relocation process the Met Council has hired a firm with relocation expertise
to work for each of the businesses to be relocated and assist them with the relocation process.
Subordinate Funding Agreements (SFAs)
The City has entered into 3 SFAs with the Met Council regarding the SWLRT project. One
agreement, SFA #9 addresses the additions to the SWLRT project which the City requested be
included in the project. These are the Locally Requested Capital Improvements or LRCIs. The
second agreement is SFA #10, which addresses elements of the base SWLRT project which the
City has agreed to fund. The third agreement is SFA #11 and it addresses the general contribution
to the SWLRT project that the City has agreed to provide. All three of these agreements are now
out of date. In each case, they anticipated SWLRT construction to have already begun and the
City to have already made payments to the Met Council. These agreements will need to be updated
in the coming months. The city’s financial commitments and the improvements they fund would
remain the same but the schedule for payments and construction would change. Amendments to
the agreements for the City Council’s consideration are expected to be on the City Council’s
agenda in May or June.
Study Session Meeting of April 23, 2018 (Item No. 7) Page 4
Title: SWLRT Update – April 2018
Other Recent Actions
Lakes & Parks Alliance of Minneapolis (LPA) Lawsuit
On February 27th Judge Tunheim ruled in favor of the Met Council on the Lakes & Parks Alliance
of Minneapolis lawsuit. The LPA lawsuit, filed in 2014, claimed that in violation of federal
environmental laws the Met Council decided on the route for SWLRT before completion of the
required environmental review. The LPA has now filed an appeal of Tunheim’s decision in the 8th
Circuit Court of Appeals.
Freight Rail Agreements
SWLRT will be built on and operate within the railroad corridor on property owned by the
Canadian Pacific railroad (CP) and the Hennepin County Regional Rail Authority (HCRRA),
called the Bass Lake Spur/Kenilworth Corridor. While the CP does not operate trains on the Bass
Lake Spur and the HCRRA does not operate freight trains, the Twin Cities and Western railroad
(TC&W) does. They operate on the Bass Lake Spur and Kenilworth Corridor under existing
trackage rights agreements (TRAs). For the SWLRT project to proceed the Met Council authorized
agreements March 21st with CP railroad and HCRRA that will result in the Met Council’s
ownership of both the CP’s and HCRRA’s Bass Lake Spur/Kenilworth property. The acquisition
by the Met Council will be subject to the existing TRAs. TC&W railroad will continue to operate
freight trains in the corridor under the terms of the existing TRAs with CP and HCRRA, however
now HCRRA will be responsible for both TRA’s.
The agreements between CP, HCRRA and the Met Council are an important step forward for the
SWLRT project. For the Met Council to acquire the rail Right-of-Way (ROW) and physical assets
of Bass Lake Spur and Kenilworth Corridors will require approval by the federal Surface
Transportation Board (STB), the agency responsible for reviewing railroad property transfers. The
Met Council will petition for STB approval and expects their approval early this summer. The
Met Council & HCRRA Actions regarding the Met Council acquiring the Bass Lake Spur and
Kenilworth Corridor include:
1. HCRRA Joint & Cooperative Exercise of Powers Agreement
2. CP Real Estate Purchase Agreement
3. HCRRA Property Transfer Agreement.
4. TCW Settlement Offer
In Summary: 1) The Met Council will own Bass Lake Spur, Kenilworth and the Southerly
Connector (Bass Lake Spur to MN&S Spur). 2) HCRRA will serve as the “Common Carrier” for
the Met Council rail properties; and, 3) TCW will operate under existing agreements on the tracks
owned by the Met Council in the Bass Lake and Kenilworth corridor.
“PLACES” Public Art & Community Engagement Southwest
PLACES is an initiative to facilitate public art along the Southwest Light Rail Transit (LRT)
Corridor. Hennepin County Community Works initiated this effort; however, it is now being
undertaken by Forecast Public Art through a grant received from the McKnight Foundation. The
intent is to plan for art along the SWLRT line and raise private donations to fund the installation
of the art. Forecast will build off of the previous efforts by Hennepin County. The Steering
Committee, of which Mayor Spano is a member, is meeting on April 18, 2018. Previously,
potential locations for the public art near each SWLRT station were identified. As part of
Forecast’s work the art locations identified earlier will be reevaluated and prioritized. It is expected
Forecast will provide a more detailed process and schedule soon.
Study Session Meeting of April 23, 2018 (Item No. 7) Page 5
Title: SWLRT Update – April 2018
SWLRT Community Works
Southwest Community Works continues to meet, with the Steering Committee (elected officials)
meeting every 2-3 months and the Technical Advisory Committee (TIC, made up of staff) meeting
monthly. The work program for 2018 includes staff from the various cities and agencies studying
bike sharing and bike facilities, shared parking, and potential station area parking strategies; and
employment, employers and workforce issues.
Overall Project Schedule
Project Development
Engineering
Construction
LRV Design, Production
& Testing
Fare Collection
Production & Testing
Integration Testing
Revenue Operations
2011-
2015 2018
AROD
LONP
�-28-JB
ROD: Record of Decision AROD: Amended ROD LONP: Letter of No Prejudice FFGA: Full Funding Grant Agreement
EDEN PRAIRIE . tJlf'J�JE7m�KA EDINA HOP!<INS ST. LOUIS PARK MINf\JEAPOLIS SOUTHWEST� I 29 j1:44,JfiiliY,U;.;,
Study Session Meeting of April 23, 2018 (Item No. 7)
Title: SWLRT Update – April 2018 Page 6
Source: Southwest LRT Project Office, Robin Caufman; 4/9/18
Summary of acquisition of parcels in St. Louis Park
*Includes status of relocations. Eleven parcels acquired and an executed purchase agreement on one
parcel scheduled to close on 8/1/18 per the owner’s request.
Parcel
Number
Owner Contract
Availability Date
Parcel Status Acquired What is/will be acquired?
600 Mayflower 09.01.2018 Title and Possession 02.27.2018 Partial acquisition
601 Construction Materials 09.01.2018 Title and Possession 02.27.2018 Full site
602 Hasselbring 09.01.2018 Title and Possession 02.27.2018 Full site
603 Ugorets 01.01.2019 Title and Possession 11.06.2017 Full site
605 Msi6500 09.01.2018 Acquisition Complete 11.06.2017 Full site
606 Automotion 09.01.2018 Title and Possession 02.27.2018 Partial acquisition
607 ASC Properties 09.01.2018 Title and Possession 02.27.2018 Full site
608 Hasselbring 09.01.2018 Title and Possession 02.27.2018 Full site
609 Goodrich Properties LLC 09.01.2018 Acquisition Complete 11.30.2017 Temporary easement
610 Apex 09.01.2018 Title and Possession 01.22.2018 Temporary easement
611 Standal 09.01.2018 Acquisition Complete 11.29.2017 Temporary easement
612 Vision Bank 01.02.2019 Appraisal Full site
613 Basic Properties 12.01.2018 Offer Made / In
Negotiations
Temporary easement
614 Dialaine Apartments 09.01.2018 Settlement Reached Partial acquisition
615 SADE 09.01.2018 Settlement Reached Closing
08.01.2018
Full site
Parcel
ID
Displacee Relocation Status Current
Vacate Date
Relocation
Conultant
601 CMI Replacement Site Secured, Move
planning in progress
Mid July
2018 (est)
HDR
602 CMI
603 CMI
603 Taller
Mechanico
Move planning in progress 30-Jun-18 HDR
603 JDP Tires Move planning in progress 30-Jun-18 HDR
603 Leo's Auto Move planning in progress 30-Jun-18 HDR
603 T-Mobile
Cellular
Replacement site buildout in progress 30-Jun-18 HDR
605 Managed
Services Inc.
Replacement Site Secured ,Move
planning in progress
30-Jun-18 HDR
607 Ace Supply Replacement Site Secured, Move
planning in progress
1-Sep-18
(est)
HDR
608 Ace Supply
612 Vision Bank Move planning in progress TBD HDR
612 Learning RX Move planning in progress TBD HDR
615 Rotary Valve
Solutions
Replacement Site Secured, Move
planning in progress
1-Aug-18 HDR
Study Session Meeting of April 23, 2018 (Item No. 7)
Title: SWLRT Update – April 2018 Page 7
2018 Major Project Milestones
Month Milestone
February II •Published Supplemental Environmental Assessment
• Published Quality Management Servi�es for Civil Construction RFP
--------- -�
-
----
March ·.Completed Congressional Fundfng for 2018
• Freight Rail Agreements/Surface Transportation Board Filing
� --------May 11 •FTA Environmental Finding/Met Council Environmental Declaration·
•Open Civil Construction Bids
• Request FTA & Hennepin County Letters of No Prejudice (LONP)
._____ ____, �-------_____.
·)uly . • FTA & Hennepin County Approve LONPs
August Ir. Met C�uncil Awards Ci�il Const�uction Contract
September • Begin mo bilizi'ng for Civil Construction ·
EDEf\J PP. . .'...,FtE 11/IN�JETONKA EDI\IA HOP-Cl��s ST LOUIS Pt.RK r,m,J',J:=APOLtS SOUTHWE STi:Q � . t 30 IG,._.�n L,r.<.• LPT EJO..t�n ... ,on ---·-·. - ----
Study Session Meeting of April 23, 2018 (Item No. 7)
Title: SWLRT Update – April 2018 Page 8
Meeting: City Council
Meeting Date: April 23, 2018
Written Report: 8
EXECUTIVE SUMMARY
TITLE: Building Readiness for Smart Cities
RECOMMENDED ACTION: This report is designed to make Council aware of staff’s efforts
on future building readiness opportunities. Staff plans to present details on this item at the June 25
Study Session.
POLICY CONSIDERATION: Does Council wish to move forward with ordinances that include
proactive steps in enhancing building readiness for present and near future technologies to enhance
quality of life, public safety, and forwarding implementation of Smart City concepts?
SUMMARY: At its October 19, 2015 meeting, Council approved adoption of 2015 – 2025
Council Goals and Priorities / Related Strategies. One of the five major goals adopted at that time
was that “St. Louis Park is a technology connected community”. Since that time, the term, “Smart
City” has emerged to describe such a community. As the city embarked on this 10-year odyssey, one
goal-specific strategy adopted in 2015 was to “Enhance Private Development Broadband Readiness”.
Since that time, staff has experimented with inclusion of broadband related readiness requirements
in several new private developments, via negotiation vs. ordinance requirements. Those negotiations
proved successful in acceptance of those requirements in all cases where they were introduced.
Since this Smart City effort began, additional building readiness requirements have been extended
to include solid waste, through recent ordinance approvals. Beyond that, other efforts to enhance
quality of life (which is the real goal of Smart Cities) have emerged. These include public safety
security cameras and emergency call stations in new parking structures, extended public safety 800
MHz radio coverage deeper into major buildings, and electric vehicle charging station requirements
in certain parking garages and parking lots. The mechanism envisioned to require these elements
is the city ordinance process. Climate Action Plan and Racial Equity also factor into consideration.
Progress has been made in drafting ordinances to address these goals, while trying to be the least
onerous for owners to meet. Each ordinance will take a different path to ultimate consideration by
Council. The Planning Commission and Telecommunications Advisory Commission have been
involved in development of these readiness ordinances. The city staff Development Review
Committee and Department Directors have reviewed each draft ordinance and provided their input.
Staff plans to meet with Council at its June 25 study session to discuss these ordinances in detail
to receive feedback. The plan after that is to meet with and receive feedback from stakeholders,
before returning to Council for consideration of all related ordinances later this year.
FINANCIAL OR BUDGET CONSIDERATION: The financial impact of these four
ordinances on property owners will vary, and will be part of the June 25 discussion.
VISION CONSIDERATION: St. Louis Park is committed to being a connected and engaged
community.
SUPPORTING DOCUMENTS: None
Prepared by: Clint Pires, Chief Information Office
Approved by: Tom Harmening, City Manager
Meeting: Study Session
Meeting Date: April 23, 2018
Written Report: 9
EXECUTIVE SUMMARY
TITLE: Update on Activities/Initiatives in Historic Walker-Lake Area
RECOMMENDED ACTION: None at this time.
POLICY CONSIDERATION: Do the Walker-Lake initiatives identified meet with Council’s
expectations and does the Council support staff’s continued work in this business area?
SUMMARY: The following discussion provides a summary of all the initiatives and activities
that are currently underway in Historic Walker-Lake and identifies next steps. The summary
includes information on the Historic Walker-Lake Design Study, Walker-Lake grant activities,
Walker-Lake Street reconstruction, Walker-Lake Small Area Revitalization Plan, the Walker
building, Perspectives, The Nest, Historical Society Space, and the comprehensive plan update.
FINANCIAL OR BUDGET CONSIDERATION: Not applicable.
VISION CONSIDERATION: St. Louis Park is committed to being a connected and engaged
community.
SUPPORTING DOCUMENTS: Discussion
Location Map
Design Concept 1A
Design Concept 1B
Prepared by: Julie Grove, Economic Development Specialist
Jennifer Monson, Planner
Gary Morrison, Assistant Zoning Administrator
Debra Heiser, Engineering Director
Reviewed by: Karen Barton, Community Development Director
Approved by: Tom Harmening, City Manager
Study Session Meeting of April 23, 2018 (Item No. 9) Page 2
Title: Update on Activities/Initiatives in Historic Walker-Lake Area
DISCUSSION
SUMMARY:
Historic Walker – Lake Design Study
In the 10 year Capital Improvement Plan, the City has dedicated funding to rehabilitate streets,
reconstruct alleys, and install bikeways in the Historic Walker Lake area. The locations of the
work proposed in the next 5 years includes:
• Library Lane (Lake Street to Walker Ave)- includes on-street parking
• Walker Ave (Lake Street to Brunswick) - includes the reconfiguration of the intersection
of Walker Ave/ Lake Street, and on-street parking
• Brunswick (Walker to Frontage Road)
• Frontage road (Brunswick to alley)
• Alley between Walker and Frontage Road
• Alley between Library Lane and Railroad tracks.
• Bikeway (Lake Street)
• Bikeway (Wooddale)
It is anticipated that these projects will include the following work:
• Replace pavement
• Remove and replace curb and gutter
• Remove and replace sidewalk as needed, and incorporate ADA improvements
• Reconstruct gravel alleys into concrete – standard alley width is 10 feet
• Intersection enhancements/ improvements
• Parking for businesses, including the installation of electric vehicle charging stations.
• Planting of street trees
• Boulevard restoration
In October 2017, the City entered into an agreement with SRF Consulting to develop a design
study to guide the future of this District. The goal of the design study is to develop a design
concept for the public infrastructure in this District. The future design will leverage the
infrastructure investment and take advantage of opportunities to enhance the district.
At the February 12, 2018 study session, the consultant presented to the City Council the initial
design concepts. A Public Meeting was held on February 21. We had 30 people at the meeting
covering a wide range of interests, including business owners and residents. The following is a
summary of the feedback we received:
• Preserve parking for customers and businesses
• Street trees should be placed to not hinder pedestrians
• Pedestrian safety throughout the area is important
• Support for the proposed sidewalk connections
• The road and streetscape design should be functional for businesses
• Ensure the road is wide enough for truck deliveries
• Improve ADA into existing buildings from the sidewalks
• Incorporate historical plaques in the streetscape
• Enhance safety near the RR tracks
• Design with snow removal in mind
• Address drainage on Walker Street
Study Session Meeting of April 23, 2018 (Item No. 9) Page 3
Title: Update on Activities/Initiatives in Historic Walker-Lake Area
Using the feedback received, we have refined the design concepts and have scheduled another
meeting in early May to discuss them with the community. The majority of the changes were to
Walker Street and Library Lane. The new design concepts are attached. The presentation from
the February 21 meeting contained the original design concepts and overall area maps. This
presentation is posted on our website at:
https://www.stlouispark.org/government/departments-divisions/community-
development/development-projects/historic-walker-lake
In addition to another community meeting, staff is setting up a meeting with the school district to
discuss the plan and how it relates to the stadium, circulation, and Park Immersion School.
Overall the goals of this design study are to:
• Improve pedestrian connections
• Improve the intersections at Walker Street/ Lake Street and Lake Street/ Wooddale Ave/
Dakota Avenue
• Provide parking for businesses
• Build on the main street feel on Walker Street and continuing onto Lake Street
• Create gateway elements into the district
• Landscaping
• Streetlights
• Create public gathering spaces
• Wayfinding
• Public Art
Once a design concept is selected, it will be used as foundation for the place-making components
including streetscape elements, landscaping, wayfinding, art, etc.
Small Area Revitalization Plan
The majority of commercial buildings in the Historic Walker-Lake District are one and two story,
smaller scale retail and service uses. The city will be sending out a Request for Proposals in the
coming weeks to create a small area revitalization plan to provide parameters for any reinvestment
and reactivation that might be proposed in the area, and to set forth expectations for parking
requirements, land uses, densities, setbacks, site accesses, building materials, façade design, design
guidelines and other appropriate measures. The focus of the plan is also to better understand the
opportunities that planned road and intersection improvements may create, and to develop
strategies for revitalizing existing buildings and properties when reinvestment opportunities arise.
The proposed process will include:
• Examining the interface between the commercial and residential properties;
• Accommodating and coordinating with multi-modal transportation and planned
intersection improvements;
• Determining appropriate façade improvements to help with revitalization efforts;
• Studying parking needs, and recommendations for zoning amendments;
• Identifying existing, and suggesting new financial or technical assistance that may be
available to assist with plan implementation; and
• Considering how small businesses may be retained.
• Developing design guidelines to foster and strengthen the area identity.
Study Session Meeting of April 23, 2018 (Item No. 9) Page 4
Title: Update on Activities/Initiatives in Historic Walker-Lake Area
The public process will be designed similar to the Historic Walker Lake Design Study, and will
include several neighborhood meetings, and presentations to the planning commission and city
council. There are several dozen business owners and residents that have been involved in the
planning efforts for the area, and this process seeks to continue that involvement in a similar
capacity.
Proposed/tentative project timeline
1. Facilitate a general meeting with staff to discuss the process
moving forward
July
2. Facilitate a meeting with area business owners to discuss existing
conditions and discuss ideas
September
3. Facilitate a neighborhood meeting to discuss existing conditions
and discuss ideas
September
4. Create Draft Small Area Revitalization Plan and recommend any
potential zoning code changes
Sept. – Jan.
5. General neighborhood meeting/open house to present draft Small
Area Plan and collect additional input
January
6. Review with Planning Commission and City Council January/February
7. Present to City Council for acceptance February/March
Moving the Market Grant
For the past two years staff has been working with the businesses, high school and community
members in the Walker-Lake Street area to promote and rejuvenate the area neighborhood and
businesses. In November 2016, the city was awarded a $35,000 “Moving the Market” grant from
Hennepin County to help reactivate the Walker/Lake business area. Since then, staff has been
working with stakeholders on grant activities through focus group meetings, surveys,
neighborhood meetings, an open street event and email correspondence. Grant activities include:
• Brand Development: The city engaged
the firm of Nemer Fieger and organized a
focus group consisting of business
owners, property owners and
neighborhood residents, for planning,
research and design concepts. "Historic
Walker Lake" was selected as the name
for the area. A brand logo was designed
and will be used in way finding and
placemaking elements such as signs,
lighting, benches, bike racks and marketing.
• Activation Plan: The Musicant Group wrote an Activation Plan which provides easy to
implement steps designed to generate more activity in the Historic Walker Lake business
area. This plan includes recommendations for enhancing the area and a prioritized list of
improvements, systems and activities that could be implemented over time that would
enliven the area. View the entire St. Louis Park Historic Walker-Lake Activation Plan for
more information. The plan is being distributed to businesses, property owners, the school
district and neighborhood representatives. The plan can be used by these groups and the
city as a guide to install suggested enhancements, hold an event or plan an activity.
• Implementation: With the remaining grant funds, permanent placemaking and wayfinding
elements will be installed in summer/fall 2018 to spur reinvestment, attract new businesses
Study Session Meeting of April 23, 2018 (Item No. 9) Page 5
Title: Update on Activities/Initiatives in Historic Walker-Lake Area
and broaden the customer base for local businesses. These elements could include
directional signage, identification signs, banners, benches or lights. As noted earlier, staff
is currently working on a study that will incorporate plans for street reconstruction and
streetscape design in this area. The plan will identify where placemaking and wayfinding
should be located. Once the study is complete staff will utilize the remaining grant funds
to install placemaking elements.
Walker Building
The building has been purchased by ‘Sota clothing. They produce, market and sell Minnesota
branded clothing. The building will be used for their business offices, distribution and retail sales.
Over the next few years they will remodel the interior to meet their needs. A demolition permit
was recently submitted for the basement and first floor. A permit to finish the first floor with
offices and a retail store will immediately follow.
Perspectives
Perspectives is located at 3381 Gorham Ave. It is an award winning, multi-program, human service
agency for women and their children suffering from addictions, mental illness, and poverty. The
services offered span from recovery and mental health programs to employment and parenting
education. Perspectives is the only supportive housing program that provides a 12-month, in-house
academic, social, and nutritional enrichment program for children. Their programs successfully
return 83% of their residents to permanent housing, and nearly 100% of their clients reside in
Hennepin County. Perspectives is in the final stages of planning a substantial addition to the
facility. The addition will expand on teaching and counseling services offered to children and
families and establish a daycare. Construction is anticipated to begin in the summer of 2018.
Historical Society
Staff will continue to work with the Historical Society on a search for a new location. Staff is
prepared to conduct a location search and provide an Inventory of Prospective space options for
the Historical Society once the organization prepares preferred location criteria and a business plan
reflecting how the space will be financially supported.
The Nest
Staff, along with Nest board members, visited several prospective properties for the Nest to locate
in the Walker-Lake area. The Nest Team has selected a location and will be presenting an update
of their activities and a request for funding to the City Council at a study session on May 29 , 2018
to facilitate renting and building out a space. Their goal is to be open and operational by September
4, 2018.
Comprehensive Plan
The city’s Comprehensive Plan is being updated in 2018. Current land uses in the area consist of
a wide mix of uses including schools, commercial, industrial, residential and city owned parking.
Based on community input thus far, wholesale redevelopment of the area is not envisioned; rather,
reinvestment and revitalization of the area will be the focus. The city intends to improve the
existing streets and landscaping and is working on branding and way- finding to highlight and
enhance the area. In addition, as stated previously as part of the Walker-Lake Small Area
Revitalization Plan, the city is looking at creating Design Guidelines that would preserve and
enhance the area’s identity and character, while encouraging and facilitating reinvestment. Land
use and zoning changes could possibly follow as an outcome of the Comprehensive Plan Update
process.
Study Session Meeting of April 23, 2018 (Item No. 9) Page 6
Title: Update on Activities/Initiatives in Historic Walker-Lake Area
Comprehensive Plan Land Use Map
Plan Categories:
•red = Commercial
•white = low density residential
•gold = medium density residential
•light green = civic
•green = parks and open space
•grey = general industrial
Zoning Map
Zoning categories:
•red = C2 Commercial
•yellow = residential
•green = parks and open space
•grey = general industrial
NEXT STEPS
•Develop a design concept for the public infrastructure in the Historic Walker Lake District:
Open Houses: February – May 2018
City Council Meetings: February – June 2018
30% Plans: April –May 2018
60% Plans: June 2018
Construction (Private utilities): Fall 2018
City infrastructure construction: May- November 2019
•Utilize the remaining grant funds to install permanent placemaking/ way finding elements
in 2018 in locations identified in the Historic Walker Lake Design Study:
Wayfinding Signs made by local company, Hard Imagining May-June 2018
Wayfinding Sign Installation: July-September 2018
•Issue a request for proposals (RFP) to hire a consulting firm to write design guidelines,
potentially form a focus group, research the existing building character, and present design
guidelines to city council:
Issue RFP Spring 2018
Begin study Summer 2018
Completion Early 2019
Study Session Meeting of April 23, 2018 (Item No. 9) Page 7
Title: Update on Activities/Initiatives in Historic Walker-Lake Area
•Complete Comprehensive Plan Update:
Land Use discussion
(with Planning Commission and City Council):
Spring 2018
Resident review of draft plan: Spring 2018
Final Draft out for review: July- Dec 2018
Completed Plan Submitted to Met Council: December 2018
•Pursue additional grant funding and as funds become available the city will work with
stakeholders to encourage building façade improvements, implement placemaking
activities, and facilitate improvements that engage and connect the Historic Walker lake
community (i.e., Hennepin County Business District Initiative grant program).
•Pursue low-interest loan programs to assist in retaining and recruiting entrepreneurs and
small businesses in the Walker-Lake area.
•Continue to assist the Historical Society with site search prospects, as needed, with the
understanding that they will need to lead their respective site search process.
The above activities, combined with the city’s capital improvement projects for the area including
adding bike lanes, Walker Street/ Library Lane infrastructure improvements, and the combined
efforts of the City, Hennepin County, Metropolitan Council and Three Rivers Park District should
further improve access to the regional trail and LRT stations at Wooddale and Louisiana Avenue,
as well as improve local business viability, foster greater community cohesiveness, and foster
revitalization of the area.
Staff would like feedback on the above initiatives. Staff is also interested in any other ideas the
Council may wish staff to explore in reactivating this business area.
¬«7 WOO
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Pavement Management
2017 - 1.4 miles
Bikeways
2019 - 1 mile
2020 - 2.2 miles
Completed - 0.8 miles
Alley Rehab - 0.2 miles
Commercial/Industrial
Rehab - 0.4 miles
Lake/Walker Parking Lot
Lake/Wooddale (NW
Corner) Parking Lot
District Boundary
Walker St./Lake St.
Area Projects
Study Session Meeting of April 23, 2018 (Item No. 9)
Title: Update on Activities/Initiatives in Historic Walker-Lake Area Page 8
Walker - Lake Streetscape Open HouseConsulting Group, Inc.
April 18, 2018
Walker Street
Dakota AvenueLib
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GREEN ALLEY
SPECIAL PAVEMENT IN PARKING STALLS
PEDESTRIAN
CROSSWALK, TYP.
GREEN ALLEYREALIGNED INTERSECTION
PROPOSED BIKE LANE
EXISTING BIKE LANE
POTENTIAL PEDESTRIAN
CONNECTIONS
CONCEPT 1A - MAX PARKING Lake StreetPARALLEL PARKING
PARALLEL PARKING
30 feet North
SEATWALL AND
LANDSCAPE PLANTER
POTENTIAL PLAZA FEATURE
HEAD-IN PARKING
7’23’23’18’18’18’26.5’18’
PARKING TABULATION
Existing Conditions: 158 spaces
Concept 1a: 158 spaces
Net Change: 0 spaces
SEPARATE DRIVEWAY
ACCESS TO BUSINESSES
LIGHT, TYP.
CONCRETE WALK, TYP.
HEAD-IN PARKING
PROPOSED BIKE LANE
PARALLEL PARKING
PROPOSED HEAD-IN
PARKING
Study Session Meeting of April 23, 2018 (Item No. 9)
Title: Update on Activities/Initiatives in Historic Walker-Lake Area Page 9
Walker - Lake Streetscape Open HouseConsulting Group, Inc.
April 18, 2018
Walker Street
Dakota AvenueLib
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CONNECTIONS
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LIGHT, TYP.
CONCEPT 1B - HYBRID PARKING Lake StreetHEAD-IN PARKING
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SPECIAL PAVEMENT IN PARKING STALLS
PROPOSED BIKE LANE
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PARKING TABULATION
Existing Conditions: 158 spaces
Concept 1b: 141 spaces
Net Change: -12 spaces
PEDESTRIAN
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REALIGNED INTERSECTION
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HEAD-IN PARKING
PROPOSED BIKE LANE
SEATWALL AND
LANDSCAPE PLANTER
PARALLEL PARKING
RECLAIMED
GREEN SPACE
PROPOSED HEAD-IN
PARKING
Study Session Meeting of April 23, 2018 (Item No. 9)
Title: Update on Activities/Initiatives in Historic Walker-Lake Area Page 10
Meeting: Study Session
Meeting Date: April 23, 2018
Written Report: 10
EXECUTIVE SUMMARY
TITLE: Update - Modifications of Wooddale Bridge at Highway 7
RECOMMENDED ACTION: No action required at this time. This project will be brought to
the May 7 council meeting for authorization to go out for bids.
POLICY CONSIDERATION: Does the City Council wish to continue to proceed with
modifications to the Wooddale Bridge over Highway 7?
SUMMARY: Staff and consultant team have been working on preliminary design plans to
modify the Wooddale Bridge over Highway 7. The improvements are intended to construct safe
and comfortable pedestrian and bicycle facilities across the bridge and to increase sight lines for
vehicles at the ramp terminals.
The timing of the plan development and approvals has been closely coordinated with Southwest
Light Rail Transit (SWLRT) due to the projects close proximity and overlapping impacts. As a
result, past delays in the SWLRT approval process have caused delay to the Wooddale bridge plan
preparation and approvals. However, based on continued work with the SWLRT planning team,
staff feels the city no longer needs to wait for the construction of SWLRT to begin.
This report is intended as an update to the bidding and construction schedule for the bridge work.
The City Council will be asked to approve of the plans and specifications and authorizing
advertisement for bid at the May 7 council meeting.
FINANCIAL CONSIDERATION: The estimated total project cost for the modifications to the
Wooddale Bridge is estimated at $2.45 million. The funding for this project is from available tax
increment funds from the Elmwood TIF District.
SUPPORTING DOCUMENTS: Discussion
Prepared by: Jack Sullivan, Senior Engineering Project Manager
Reviewed by: Debra Heiser, Engineering Director
Approved by: Tom Harmening, City Manager
Study Session Meeting of April 23, 2018 (Item No. 10) Page 2
Title: Update - Modifications of Wooddale Bridge at Highway 7
DISCUSSION
DESCRIPTION: The project initiated by the City will include widening of the bridge deck by
about 7 feet on each side. This widening will allow additional space for and enhancements to the
pedestrian and bicycle facilities across the bridge. In addition, it pulls the concrete parapet walls
back to provide better sight lines for drivers as they approach Wooddale Avenue from the Highway
7 ramps.
The new bridge cross section will include; four lanes of traffic across the bridge, a turn lane for
the Highway 7 entrance ramps, 12 foot wide sidewalks and 6 foot wide bike lanes.
The project will also add landscaping at strategic locations that will soften the feel of the corridor
and compliment the SWLRT Wooddale Station and PLACE development.
Construction Sequencing:
The construction sequencing and impacts to the corridor during construction are still being
finalized. The intent of the design team is to keep half of the bridge open while the other half is
being worked on. The expectation is that one lane of traffic in each direction and one sidewalk will
be open at all times.
Elements not in the current Project Scope:
The bridge modifications discussed above will address many of the safety concerns that currently
exist in this corridor. However, the signalization of the ramp terminals is currently part of the
SWLRT design and budget. The expectation is that the bridge modification work by the City will
be completed by late 2018. The schedule for SWLRT to install the traffic signals is still unknown.
Staff will continue to advocate to SWLRT and their contractor to install the signals as soon as
possible. Due to the continued delays in the SWLRT construction schedule it is possible that the
signals may not be installed until 2021 or 2022.
Schedule:
The revised schedule is shown below.
Approve Plans and Authorize Ad for Bid May 7, 2018
Open Bids June 6, 2018
Award Construction Contract June 18, 2018
Construction July to November 2018
Meeting: Study Session
Meeting Date: April 23, 2018
Written Report: 11
EXECUTIVE SUMMARY
TITLE: Removal of Weight Restrictions on Various Streets
RECOMMENDED ACTION: None at this time.
POLICY CONSIDERATION: Does the City Council have questions regarding the staff’s
recommendation to rescind street weight restrictions that are not consistent with the actual strength
of the road?
SUMMARY: The roads in the Brookside, Brooklawns, and Elmwood Neighborhoods were
posted to prohibit vehicles with a weight of more than two-ton per axle from driving on them. As
a part of the public process for the 2018 Pavement Management Project staff completed a review
of the physical condition and weight bearing capacity of the roads in these neighborhoods and it
was determined that they can withstand at least six (6) tons per axle which does not require posted
restrictions. The removal of the restrictions was approved as a part of the project authorization;
however, for record keeping purposes it is recommended that the council rescind the resolutions
approving the restrictions. This has not always been done in the past.
Included in these resolutions are also a number of other street segments outside of these
neighborhoods. These streets are also capable of supporting at least six (6) tons per axle. As a
result, instead of partially rescinding the resolutions, the Traffic Committee is recommending that
the council rescind the resolutions in their entirety.
To inform the property owners on the posted streets that live outside of the Brookside, Brooklawns,
and Elmwood Neighborhoods of this recommendation, staff will be sending them a letter in the
coming weeks. This matter will be brought to the City Council for approval in May.
As shown on the Road Restriction Map, there are other streets in the city that have restrictions.
Staff will be reviewing them in the coming months to determine if they are no longer necessary.
FINANCIAL OR BUDGET CONSIDERATION: The cost to enact the change in traffic control
is minimal and will come out of the general operating budget.
VISION CONSIDERATION: Not applicable.
SUPPORTING DOCUMENTS: Discussion
Road Restriction Map
Street Segment Matrix
Truck Class Figure
Prepared by: Ben Manibog, Transportation Engineer
Reviewed by: Debra Heiser, Engineering Director
Approved by: Tom Harmening, City Manager
Study Session Meeting of April 23, 2018 (Item No. 11) Page 2
Title: Removal of Weight Restrictions on Various Streets
DISCUSSION
DESCRIPTION: The roads in the Brookside, Brooklawns, and Elmwood Neighborhoods were
posted to prohibit vehicles with a weight of more than two-ton per axle from driving on them. As
a part of the public process for the 2018 Pavement Management Project staff completed a review
of the physical condition and weight bearing capacity of the roads in these neighborhoods and it
was determined that they can withstand at least six (6) tons per axle which does not require posted
weight restrictions. The removal of the restrictions was approved as a part of the project
authorization, however, for record keeping purposes, it is recommended that the council rescind
the resolutions approving the restrictions.
Included on the resolutions recommended to be rescinded are also a number of other street
segments outside of these neighborhoods that are posted with restrictions. These restrictions are
broken out into two types. The attached table provides each street segment, the restriction called
out, and structural capacity.
There are street segments on the attached table that are no longer posted, these restrictions were
removed as a part of the street project approval and the official records were not updated.
Rescinding the resolution entirely will clear up the records.
Weight Restrictions
There are streets that are posted with 2-ton or 4-ton per axle weight restrictions. These resolutions
were approved in the late 1960’s and early 1970’s. At that time, the pavement was not designed to
support vehicles that exceed these weights. Staff has done a comprehensive review of all of these
street segments. All of these roads have been reconstructed, and are designed for vehicles with a
per axle weight of at least six tons.
Removing the axle weight restrictions allows vehicles – such as delivery vans or landscape
contractors – to legally drive on the street. To give you a better idea on what the posted restrictions
mean for road users: UPS delivery trucks and moving vans are not permitted to travel on streets
posted with a 2 or 4-ton axle weight. Heavy Duty pick - up trucks, RVs, trailers with boats, may
be restricted as well.
No Truck Restrictions
From State Statute, the definition of a "Truck" means every motor vehicle designed, used or
maintained primarily for the transportation of property. (169.011 Subd. 88.) Attached is a figure
that shows all of the different truck classes.
There are many vehicles that are not tractor trailer trucks that are also prohibited from travelling
on roads posted “no trucks”. Trucks provide our residents deliveries and services. Such a
restriction technically prevents all trucks from using these streets. Signs such as these prohibit
vehicles such as delivery trucks, moving trucks, and landscaping trucks from using the streets.
In addition, these signs are difficult to enforce. We have discussed this with our police department
and they would need to patrol specifically for truck traffic to cite violators. The city attorney
indicated that if we were to actively enforce these restrictions, we would have to cite all vehicles
in violation.
Study Session Meeting of April 23, 2018 (Item No. 11) Page 3
Title: Removal of Weight Restrictions on Various Streets
Finally, in reviewing the street segments that are posted in comparison to other residential streets
in the city, there is not a unique characteristic to these roads or to the surrounding land uses that
would be a reason to prohibit all truck traffic on the street. The streets are structurally able to
support at least six (6) ton per axle weight.
Recommendation
For these reasons, instead of partially rescinding the resolutions, staff is recommending that the
council rescind the resolutions in their entirety and remove the weight restrictions posted on these
streets. Un-posted streets are designed with a strength of at least six (6) ton per axle.
There are additional streets in the city that are posted with restrictions. Staff will be working
through these other street segments as time allows. If they are structurally capable of supporting
at least six (6) tons per axle, we will bring these forward to the Council in the future.
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Weight Restrictions
Legend
Weight Restriction
2 Tons
4 Tons
6 Tons
9 Tons
9 Tons MSA
No Trucks
Study Session Meeting of April 23, 2018 (Item No. 11)
Title: Removal of Weight Restrictions on Various Streets Page 4
Street Segments
Page 1 of 2
Resolution
Number
Street From To Restriction Weight
Capacity
00-151 Cambridge St Texas Ave W. Lake St No Trucks 9 Tons
00-151 Cambridge St Alabama Ave Wooddale Ave 2 Tons 9-14 Tons
00-151 Goodrich Ave Colorado Ave Wooddale Ave 2 Tons 6-13 Tons
00-151 Lynn Ave Minnetonka Blvd Co. Rd. 25 4 Tons 15 Tons
00-151 Monterey Ave Minnetonka Blvd Co. Rd. 25 4 Tons 15-17 Tons
00-151 Natchez Ave Minnetonka Blvd Co. Rd. 25 4 Tons 12-13 Tons
00-151 Natchez Ave Excelsior Blvd Vallacher Ave No Trucks 11 Tons
00-151 Oxford St Colorado Ave Wooddale Ave 2 Tons 6-8 Tons
00-151 Taft Ave W. Lake St Edgebrook Dr 2 Tons 10-11 Tons
00-151 W. 16th St Colorado Ave Dakota Ave 2 Tons 10 Tons
85-202 Wooddale Ave Cambridge St Goodrich Ave No Trucks 11 Tons
6155 Wooddale Ave Cambridge St Goodrich Ave 2 Tons 11 Tons
5181 Wooddale Ave Oxford St Cambridge St 2 Tons 9-13 Tons
5181 Xenwood Ave W. 39th St Excelsior Blvd 2 Tons 8 Tons
5181 Yosemite Ave Goodrich Ave Wooddale Ave 2 Tons 6-8 Tons
5181 Zarthan Ave Oxford St Excelsior Blvd 2 Tons 7 Tons
5181 Brunswick Ave W. 36th St Excelsior Blvd 2 Tons 5-10 Tons
5181 Oxford St Wooddale Ave Dakota Ave 2 Tons 6-8 Tons
5181 Goodrich Ave Wooddale Ave Colorado Ave 2 Tons 6-13 Tons
5181 Cambridge St Wooddale Ave Alabama Ave 2 Tons 9-14 Tons
5181 W. 39th St Webster Ave Brunswick
Ave
2 Tons 7-9 Tons
5181 Brookview Ln Alabama Ave Brunswick
Ave
2 Tons 7 Tons
4313 Yosemite Ave Excelsior Blvd Goodrich Ave 2 Tons 6-8 Tons
3682 Westmoreland
Ln / Franklin
Ave
Westwood Hills
Dr
Flag Ave 4 Tons 7-12 Tons
3682 Westwood Hills
Dr
Texas Ave Franklin Ave 4 Tons 7-8 Tons
3682 W. 16th St Co. Rd. 18 (Now
Hwy 169)
Hillsboro Ave 4 Tons 8-9 Tons
3682 Hillsboro Ave W. 16th St W. 18th St 4 Tons 10 Tons
3682 W. 18th St Hillsboro Ave Flag Ave 4 Tons 10-13 Tons
3682 Quebec Ave Texas Ave Cedar Lake
Rd
4 Tons 10-14 Tons
3682 Georgia Ave Minnetonka Blvd W. 27th St 4 Tons 7-9 Tons
3682 Virginia Ave Cedar Lake Rd G. N. Ry
(Now BN
Railwy)
4 Tons 10-12 Tons
3682 Virginia Ave W. 28th St Texas Ave 4 Tons 7-14 Tons
3682 W. 32nd St Texas Ave Xylon Ave 4 Tons 8-9 Tons
3682 Dakota Ave Cedar Lake Rd W. 16th St 4 Tons 9-10 Tons
3682 W. 16th St Dakota Ave Colorado Ave 4 Tons 10 Tons
3682 W. 42nd St Wooddale Ave TH 100 4 Tons 7-10 Tons
3682 W. 40th St Wooddale Ave Lynn Ave 4 Tons 8-12 Tons
3682 Zarthan Ave Cambridge St Excelsior Blvd 4 Tons 7 Tons
Study Session Meeting of April 23, 2018 (Item No. 11)
Title: Removal of Weight Restrictions on Various Streets Page 5
Street Segments
Page 2 of 2
Resolution
Number
Street From To Restriction Weight
Capacity
3682 Yosemite Ave Cambridge St Excelsior
Blvd
4 Tons 6-8 Tons
3682 Xenwood Ave W.39th St Excelsior Blvd 4 Tons 8 Tons
3682 Toledo Ave W. 39th St Excelsior Blvd 4 Tons Does not exist
today
3682 W. 27th St Quentin Ave Ottawa Ave 4 Tons 6-9 Tons
3682 Ottawa Ave W. 27th St W. 28th St 4 Tons 10 Tons
3682 Kipling Ave W. 40th St Excelsior Blvd 4 Tons 7-8 Tons
2768 W. 34th St Texas Ave Aquila Ln 4 Tons 7-14 Tons
2768 Aquila Ln W. 34th St Boone Ave 4 Tons 9-10 Tons
2768 Aquila Ave Minnetonka Blvd Boone Ave 4 Tons 8 Tons
2768 Aquila Ave W. 34th St W. 36th St 4 Tons 9 Tons
2768 W. 36th St
(Walker St)
Texas Ave Quebec Ave 4 Tons 13-16 Tons
2768 Louisiana Ave Gorham Ave W. Lake St 4 Tons 13-14 Tons
2768 Webster Ave W. Lake St TH 7 4 Tons 9 Tons
2768 Cambridge Ave Alabama Ave Wooddale Ave 4 Tons 9-14 Tons
2768 Goodrich Ave Wooddale Ave Colorado Ave 4 Tons 6-13 Tons
2768 W. 37th St Joppa Ave France Ave 4 Tons 8-12 Tons
2768 W. 38th St Excelsior Blvd France Ave 4 Tons 9-12 Tons
2768 W. 39th St Lynn Ave France Ave 4 Tons 10-16 Tons
2768 Lynn Ave Excelsior Blvd W. 40th St 4 Tons 9-11 Tons
2768 Joppa Ave Excelsior Blvd W. 40th St 4 Tons 9-12 Tons
2768 Quentin Ave Excelsior Blvd W. 42nd St 4 Tons 9-10 Tons
2768 Princeton Ave Wooddale Ave W. 42nd St 4 Tons 8 Tons
2768 Wooddale Ave W. 44th St W. 40th St 4 Tons 8-13 Tons
2768 W. 41st St Brookside Ave Wooddale Ave 4 Tons 8-10 Tons
2768 Morningside Rd TH 100 Wooddale Ave 4 Tons 6-9 Tons
2768 Brookside Rd Excelsior Blvd Yosemite Ave 4 Tons 11-14 Tons
2768 Yosemite Ave Excelsior Blvd S City Limits 4 Tons 8-11 Tons
2768 Sunset Blvd Joppa Ave France Ave 4 Tons 12-14 Tons
2768 Joppa Ave Minnetonka Blvd Sunset Blvd 4 Tons 8 Tons
2768 Inglewood Ave W. 26th St Sunset Blvd 4 Tons 9-10 Tons
2768 Parkwoods Rd /
Cedarwood Rd /
Parklands Rd /
Ford Rd
TH 100 France Ave 4 Tons 10-12 Tons
2768 Texas Ave TH 12 (Now I-
394)
Cedar Lake
Rd
4 Tons 13-19 Tons
2768 Flag Ave Cedar Lake Rd W. 18th St 4 Tons 7-12 Tons
2768 Flag Ave W. 14th St Westmoreland
Ln
4 Tons 6 Tons
2768 W. 14th St Co. Rd. 18 (Now
Hwy 169)
Flag Ave 4 Tons 9-12 Tons
1542 Brunswick Ave Cambridge St Excelsior Blvd 2 Tons 8-9 Tons
Study Session Meeting of April 23, 2018 (Item No. 11)
Title: Removal of Weight Restrictions on Various Streets Page 6
Study Session Meeting of April 23, 2018 (Item No. 11) Title: Removal of Weight Restrictions on Various StreetsPage 7