HomeMy WebLinkAbout2011-09-20 - Parks and Trails Agenda PacketAgenda
Corcoran Parks and Trails Commission
Tuesday, September 20, 2011, 7:00 PM
Corcoran Community Room
1) Convene Regular Parks & Trails Commission Meeting —Chair Krueger
2) Approval of-
a) Agenda
b) Minutes of 07/16/11 Meeting*
3) Open Forum
4) Presentations - Commissioner Marilyn Corcoran, Three Rivers Park District*
5) Old / Unfinished Business:
a) Discussion on Possible Park Improvement
i) Improvements in Corcoran Park as Discussed at July 19, 2011 Meeting
ii) Sign Bids for the Three Park Entrances*
b) Hennepin Youth Sports Grant Program*
c) Park Dedication Ordinance
6) New Business
a) None
7) Subcommittee & Miscellaneous Reports
a) City Council Liaison Guenthner
b) Corcoran Athletic Association
c) Park Dedication Fund Balance*
8) Other Business
a) Charitable Gambling Revenues for City
9) Announcements
10) Adjourn
Next Meeting: October 18, 2011 at 7:00 p.m.
Please contact City Administrator at 763 - 420 -2288, Ext 13(work) or 763 - 238 -0219 (cell) if you are
not able to attend the meeting, so that an alternate can be contacted to assure a quorum of members
are preset for the meeting.
*Includes information for packet
Administrator's Comments
Corcoran Parks and Trails Commission
Tuesday, September 20, 2011, 7:00 PM
Note: The City Administrator will be out of town for this meeting. City
Clerk Heinecke will be attending and taking minutes in his place.
4) Presentations - Commissioner Marilyn Corcoran, Three Rivers Park District. The
Commission has expressed interest in working with the city in making the County
Property at Cty. Rds. 10 & 19 a Trail Head for the Cty. Rd 19 Trail (by the way, this is not
the proper name of the trail). I contacted the Commissioner for Corcoran, Marilyn
Corcoran (now isn't that a coincident) to discuss. She asked if it was possible for the
Three Rivers Chair, the administrator, and herself to meet with the Mayor and other city
officials prior to the P & T Meeting. Three Rivers is getting out and talking to city officials
about needs and issues. This meeting was held this past Monday with Mayor
Guenthner, Chair Trish Krueger, and me. The hour long meeting was a discussion on
how the Three Rivers Commission can work with us to help accomplish city and Three
Rivers goals. Commissioner Corcoran will attend the P & T Commission meeting mainly
to listen and perhaps start a dialogue to accomplish joint goals. At out meeting this past
week, the Trail Head property was brought up and Three Rivers is willing to help us with
this project.
5) Old / Unfinished Business:
a) Discussion on Possible Park Improvement
i) Proposed Parks CIP for 2012. At the Commission meetings in June and July,
discussion took place on identifying improvements that need to be done in our
park next year. I have taken that list and together with Pat Meister, we prioritized
the list, put total costs against each item, and estimated what the Hennepin
Youth Sports Grant could support given their criteria and eligible items. I have
included this information on the Grant in your packet. The big issue though is the
CIP and the costs that the Park Fund will have to pick up if it goes forward. This
Parks CIP is on the council agenda for September 22 "d for their review so you
will have to make a recommendation that will be carried to the council meeting.
By the way, the Hennepin Youth Sports Grant is due November Vt so this whole
matter needs to keep moving ahead.
ii) Signs for the Three Park Entrances. In your packet are two sign quotes each with
costs for the three signs desired. The first quote is from Fish & LaBEAU for wood
signs at a cost of $11,660 and $14,660. The second quote is from Signs Now for
metal signs with vinyl lettering for $7,139.14. They apparently can do the brown
signs in the examples or they can do anything we would like given the size in the
quote. Your call but it sounds like the metal signs are probably the best and most
cost effective.
b) Hennepin Youth Sports Grant Program. The grant is discussed above. I have
included in your pack the specifics of the Grant application process.
c) Park Dedication Ordinance. The Park Dedication Ordinance amendments are going
to be before the Planning Commission for a public hearing on October 6t". This is the
last opportunity to make any changes.
6) New Business
Page 1 of 2
7) Subcommittee & Miscellaneous Reports
a) City Council Liaison Guenthner
b) Corcoran Athletic Association
c) Park Dedication Fund Balance*
8) Other Business
a) Charitable Gambling Revenues. This is a discussion item. The city has two non
Corcoran organizations in the city conducting Charitable Gambling operations at two
of our on -sale liquor establishments. The city could be capturing up to 10% of the
gross revenues that could be used to support specific city programs such as ongoing
park improvements, etc. Commissioner Robran would like to bring a proposal to
capture these revenues to the city council for consideration.
9) Announcements
2b.
Minutes
Corcoran Parks and Trails Commission
Tuesday, August 16, 2011
7:00 PM
Present: Commissioners -Trish Krueger, Kevin Dale, Chad Robran, Rob Vassalo, Val Nybo;
Student Commissioners - Charles Jacobs, Michelle Hansmann, Lindsay Jacobs
Absent: Rachael Tessmer, Tom Anderson
Others attending: Council member Rich Asleson, City Administrator Dan Donahue
1. Convene. Chair Krueger called the meeting to order at 7:08 PM in the Corcoran
Community Center N
2. Approvals:
a. Agenda. Motion: Robran/Nybo t a e age as amended. All voted Aye
(5:0).
b. Minutes of 06.28.11 Commission Meeting. n: Robran/Nybo to approve as
presented. All voted Aye (5:0)
c. Reviewed meeting notes of 07.19.2011 (quorum n resent)
3. Open Forum. None
4. Presentation -Paul Durand Superintendent of Rockford School District. No specific
agenda. He introduced himself and his newly hired Athletic director Glenn Klaphake. He
discussed with the Commission his views on the coming school year, his vision of
working with the school district partners such as cities that are part of the district's
boundaries, the future of the District's property in Corcoran, and possible grants that will
assist in upgrading the District's athletic properties. There were no specific proposals put
forth. Robran will be following up and monitor the District's efforts in grant proposals.
The Commission expressed willingness to work with the District on ideas and proposals
to enhance the use of the athletic fields owned by the District that are located in
Corcoran. ,
5. Old/Unfinished Business
a. Rockford School District Grant Proposals. After Durand and Klaphake left the
meeting, the Commission discussed how to approach any grant proposals that
might come from the School District. Consensus appeared that the city should
monitor the Districts activities but not to get hopes up that a grant would be
forthcoming this year for improvements to the athletic fields.
b. The review of the notes from the July 19th P & T Meeting continued. This
meeting did not have a quorum but the commission confirmed their intent to
pursue the capital improvements outlined at that meeting.
c. Park Improvements. The list from the July meeting is:
Parks & Trails Minutes
08.16.2011
i. Restroom and well water availability
ii. Tile and fill for ditches along the Rockford side of ball fields
iii. Playground improvements:
1. Rebuild tennis courts
2. Septic and Restroom improvements
3. Paving next to playground
4. 2nd volleyball court
5. Additional T -Ball field
6. Fencing improvements
iv. Lights in the Snyder ball fields
v. Should not put in a concrete base to ice rink but should replace the rink
boards
vi. Additional Porta Potties needed. Commissioners present discussed and the
consensus was that the Athletic Association should asses and additional
fee for these.
vii. Strongly urged Commission to erect news signs at all three entrances to
the Corcoran Park and the Rockford park property
d. Park Dedication Ordinance. The chair asked that this topic be puon the next
agenda for discussion.
e. Hennepin Youth Sports Program. The Commission asked Donahue to draft an
application for the Commission's review for the next meeting. Application to
include those items that city staff believes might be accomplished for the coming
year.
f. Country Daze. Robran gave an update on the upcoming event. He asked that
Commissio ans. some time at the city booth which will be erected next to
the Polic %
6. New
7. Committee Reports
a. City Council Liaison. No
b. Corcoran Athletic Association. Dale moving ahead a planned meeting on Sept.
10th with the members of the association to plan out next re- organization steps.
c. Park Dedication Fund Report. Review. No comments
8. Other Business. None
9. Announcements. None
10.Adjourn. Motion by Robran/Dale to adjourn. All voted aye (5:0) at 9:40 pm.
Respectfully Submitted,
Daniel J. Donahue
City Administrator
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Three Rivers recently completed our Vision Plan. The Plan lays out a fresh direction, recognizing the
importance of working collaboratively to meet the challenges and opportunities that lie ahead. We want
to work together with local communities, other agencies, business and the public to identify shared
goals, and to provide the leadership, advocacy, innovation and actions necessary to meet the needs of
the present while ensuring that the needs of future generations are well -met.
Come join us as we embark on a new era.
LEADERSHIP * ADVOCACY o INNOVATION 9 ACTION
PREPARING FOR THE FUTURE
Those who've laid the foundation of protecting and expanding green space and parklands throughout the Twin Cities were
never ones to let events take their course and then react. Indeed, leaders like Horace Cleveland, Theodore Wirth, Charles
Doell, Clifton French - the founders of the regional parks system, were known for their innovation, advocacy, and actions.
Their leadership and foresight created the public's spectacular regional parks system and outstanding quality of life we
enjoy today.
Significant trends are emerging, offering challenges and opportunities for both the near and distant future. The time is
upon us to take the harder road of shaping our future. What is needed is a bold vision and a commitment to the Leadership,
Advocacy, Innovation and Action required to achieve that vision.
THE VISION;
Through leadership, advocacy, innovation and action, Three Rivers is a model
of a sustainable regional system of parks and trails that meets the needs of the
present while ensuring that the needs of future generations are well -met.
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the of
the Park District is
to Promote environmental
through
recreation and education in
a natural resources -based
park system.
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ACHIEVING THE VISION:
Three Rivers embraces a Framework of Sustainability
recognizing that Ecology, Society and Economics are
regionally interdependent. From this framework arises
Three Rivers' commitment to apply prudent financial
stewardship across five actionable goals:
Protect the region's water and natural resources
Inspire people to recreate
Connect people to nature
Create vibrant places
Collaborate across boundaries
protect) ng the region's water and
natural resources
• Creating three new parkland classifications
(Greenways, Blueways, Regional Natural Areas)
within the Three Rivers system, and advocate for
their establishment in the metropolitan regional
parks system.
• Promoting innovative natural resource
management projects including, but not limited to,
invasive research /control, strategic water protection
and targeted education efforts.
Inspiring people to recreate
• Encouraging use of the regional parks by young
adults, retirees, and urban -area residents.
• Reaching out to the diverse population.
• Completing the critical links in the existing regional
trail network within the fully- developed cities.
connecting people to nature
• Exploring nature -based preschool
immersion opportunities.
• Adding more environmental education
opportunities for school -age children.
• Expanding mentoring and outdoor leadership
training to better connect teens and young adults
to nature.
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creating vibrant places
• Completing the regional trail network within
Hennepin County.
• Bringing regional recreation and education facilities
to people within the fully developed cities of
Hennepin County.
collaborating across boundaries
• Partnering with conservation -based organizations
to promote the legacy of hunting and fishing.
• Developing collaborative plans for regional
resources including the Three Rivers- Mississippi,
Minnesota and Crow, along with Lake Minnetonka,
Medicine Lake, and Minnehaha Creek.
• Gaining recognition for the regional trail network
as a key component of an integrated multi -modal
transportation system.
• Collaborating with community and business
leaders to craft a comprehensive vision and plan
for the Twin Cities in the year 2100.
C� Lake Rebecca
Park Reserve
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Park Reserve•• 2
116 'so
A 1l Coon Rapids
Reserve
ro • 94 �� ` Dam Regional Park
:Reserve
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10 94 North Mississippi
Fish Lake 1Re tonal Park
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Park rn Silverwood
Baker t ••109 ,.. ; - -.._.� mark
Park Reserve 55 Cli n E. French' ,
24 R ioraaJ .Park'•;
6 �;••••, 94 W
I Memorial
V Gardens 61«
Gale Woods 15
Farm to Lake Minnetonka
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Park Reserve
NORTH _ ry
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- Park District Regional Trail System
•••••• Regional Trail to be Developed
State, Federal or other Regional Trails/Farb
Park Entrance
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MINNEAPOL'S
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61 Bryant Lake
ce Golf i Regignal Park
-e Center 62
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Hyland Lake .�
Park Reserve
The Landing– 16 1- f 13
Minnesota 164
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Cleary Lake $ Murphy
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Regional Par"Ahl JamPark Reserve
Three Rivers' Mission
Promoting environmental stewardship
through recreation and education in a
natural resources -based park system.
Three Rivers Administrative Center, 3000 Xenium Lane North, Plymouth MN, 55441
763.559.9000 • ThreeRiversParks.org
Hennepin County Property Map Print
Page 1 of 1
Hennepin County Property Ma - Tax Year: 2011 i
The data contained on this page is derived from a compilation of records and maps and may contain discrepancies that can only be disclosed by an accurate survey performed by a licensed
land surveyor. The perimeter and area (square footage and acres) are approximates and may contain discrepancies. The information on this page should be used for reference purposes only.
Hennepin County does not guarantee the accuracy of material herein contained and is not responsible for any misuse or misrepresentation of this information or its derivatives.
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Selected Parcel Data
Parcel ID: 18-119-23-12-0002
Owner Name: HENNEPIN FORFEITED LAND
Parcel Address: 23475 CO RD NO 10, CORCORAN , MN 55357
Property Type: VACANT LAND -RES
Homestead: NON - HOMESTEAD
Area (sqft): 37000
Area (acres): 0.85
A -T -B: ABSTRACT
Market Total: $0.00
Tax Total: $0.00
2 3413
Date Printed: 9/14/2011 8:09:18 AM
Current Parcel Date: 9/6/2011
Sale Price: $165,500.00
Sale Date: 12/1999
Sale Code:
http: / /gis.co.hennepin. mn.us /HCPropertyMap /Locator.aspx 9/14/2011
5a.
CITY OF CORCORAN
2012 Proposed Park CIP Projects
09/20/11
Priority
Project
Cost
General
Park
Grant
Fund
Fund
1
Fibar Mulch around
$15,000
$5,000
$10,000
playground
2
Septic and Restroom
$50,000
$40,000
$10,000
3
Paving from parking lot
to pavilion and
$10,000
$2,500
$7,500
playground
4
Rebuilding Tennis Courts
$55,000
$18,500
$36,500
5
One T -Ball Field
$5,000
$1,670
$3,330
6
Fencing- Snyder Field,
along Co. Rd 10, and Co.
$40,000
$31,000
$9,000
Rd 50
Total
$175,000
$5,000
$103,670
$66,330
Suite 4
Corcoran, MN 55357
Office 763.591.5800
Fax 763.591.5885
fishlabeau @isd.net
fishlabeausigns.com
11 To: Lundell Manufacturing
Ship To: Same
yuoiazion
55886
8/2/11
DB NO.
ORDER DATE
SALESPERSON
DELI. DATE
TERMS
SHIPPING
P.O. NO,
55886
813111
Tim Williams
5 weeks
25 % DOWN
Balance On Completion
QUANTITY & DESCRIPTION I PRICE
3 Double Sided Signs
Fabricate 3 - 5'x8' cedar signs consisting of clear 2 "x12" planks with dowels
sandblasted and painted as per art mounted on 6 "x6" cedar posts installed
in ground with concrete footings. City logos will be hand painted as the original
at the Corcoran city offices entrance.
Add if Clear Redwood 2 "x12" planks used in construction.
• All permits and permit processing fees are an additional charge.
• All electrical supplies to sign area are an additional charge.
• All electrical hook up from our power supplies are an additional charge.
• Any additional certified engineering or special assessments from the
city planning dept. are a additional charge.
ke all checks payable to: Fish & Labeau Signs Inc.
)u have any questions concerning
quote please call: Tim Williams 763.591.5800
$11,660.00
$3000.00
Sub Total
$0000.00
Discount
$000.00
Plus Sales Tax
$o0.00
• We accept Visa, Master Card & Discover Cards - Please add 2.20%
Total I $0000.00
THANK YOU FOR YOUR BUSINESS!
Corcoran City Park
Rochford School Entrance
FIELD 1 FOOTBALL FIELD
FIELD 2 SOCCER FIELD
FIELD 3 SOCCER FIELD
26050 County Road 50
Corcoran City Park
ENTRANCE 1
MEISTER
SNYDER
BATTING CAGE
TENNIS
PLAYGROUND
VOLLEY BALL
26050 County Road 50
1310 E. Wayzata Blvd. • Wayzata, MN 55391 • 952 - 404 -2200 • Fax 952- 404 -9900
Page 1 of 1
Estimate: SN- 4657 Printed: 9/6/2011 4:29:24PM
Description: Complex Signs (3) 4'x 6' signs with graphics two sides
Prepared For: Jill Smith -Arens ph: (763) 420 -2288
Company: City of Corcoran
email: jsmith- arens(a-)_ci.corcoran.mn.us
Dear Jill:
Thank you for considering Signs Now for your sign needs. The quotation we discussed is attached below. If you have
any questions, please don't hesistate to call me at 952 - 404 -2200.
Signs Now
Product Font Qty Sides Height Width Unit Cost Install Item Total
1 Aluminum 1/4" 1 2 48 72 $1,993.33 $225.00 $2,218.33
Color: White
Description: 1/4" thick aluminum Custom routed and Powder coated for long term outdoor use. Sign includes 4" x 4" slottel
aluminum posts with Bevel cap Sign to have Vinyl graphics applied two sides. Signs to be installed into the
ground per customer location (3) signs total
Text: Entrance 1
2 Aluminum 1/4" 1 2 48 72 $1,993.33 $225.00 $2,218.33
Color: White
Description: 1/4" thick aluminum Custom routed and Powder coated for long term outdoor use. Sign includes 4" x 4" slottel
aluminum posts with Bevel cap Sign to have Vinyl graphics applied two sides. Signs to be installed into the
ground per customer location (3) signs total
Text: Entrance 2
3 Aluminum 1/4" 1 2 48 72 $1,993.33 $225.00 $2,218.33
Color: White
Description: 1/4" thick aluminum Custom routed and Powder coated for long term outdoor use. Sign includes 4" x 4" slottel
aluminum posts with Bevel cap Sign to have Vinyl graphics applied two sides. Signs to be installed into the
ground per customer location (3) signs total
Text: School Entrance
Notes
Company: City of Corcoran
8200 Co Rd 116
Corcoran, MN 55340
Line Item Total:
$6,654.99
Subtotal:
$6,654.99
Taxes:
$484.15
Total:
$7,139.14
Stand Out in a Crowded World
Deposit Required: $3,569.57
Received /Accepted By:
HUllle'I n stead
SEN IOR
740.321.3330
f,_�4 A._�� ,�\ 1 � fC�.'7�+KR_ tea• �,�_. -a,
Corcoran City Park
ENTRANCE1
MEISTER
SNYDER
BATTING CAGE
TENNIS
PLAYGROUND
VOLLEY BALL
20200 County Road 10
f,_�4 A._�� ,�\ 1 � fC�.'7�+KR_ tea• �,�_. -a,
Corcoran City Park
ENTRANCE 2
ICE SKATING RINK
HOCKEY RINK
WARMING HOUSE
FOOTBALL FIELD
SOCCER FIELD
SOCCER FIELD
20200 County Road 50
�,1 � �.'�R= tea• �,�_. -a,
Corcoran City Park
Rockford School Entrance
FIELD 1 FOOTBALL FIELD
FIELD 2 SOCCER FIELD
FIELD 3 SOCCER FIELD
20300 County Road 50
Hennepin Youth Sports Program Criteria 2012
Creating Opportunities LS points)
Projects received a higher score for creating new net recreational opportunities. Renovation
projects received a medium score for demonstrating recreational opportunities would be
sustained or increased. Projects maintaining current opportunities received a lower score.
Number of people served (15 points)
Self- explanatory.
Population served (10 points)
Population served takes into consideration the socio - economic factors of the potential user
groups.
Partnerships (20 points)
Projects that have active partners involved in contributing funds, managing the facility,
volunteering, and expressed support will receive more points for this category.
Match ratio (20 oprots)
See table.
Sustainability (10 points)
Projects are expected to demonstrate a formula for providing ongoing operational support for the
facility. Renovations and improvements of current facilities that don't increase the current cost of
maintenance and operation receive the full amount of points. New facilities that include
increased operations and maintenance costs and facilities whose useful life is 20 years or less had
points deducted.
Environmental improvements (10 points)
Creation of new green space, water run -off control, and energy efficiencies received points for
this category. New irrigation projects received 1 additional point.
100 Total points
nnepinr Hennepin Sports
Program RFP 2012
Hennepin Youth Sports Capital Grants
Background
Hennepin County is seeking local units of government interested in developing facilities for
amateur sports or recreation. Legislation authorizing the building of Target Field allows
Hennepin County to grant up to $2 million dollars each grant cycle to Hennepin County
communities to assist with developing these facilities. These grants will be made through the
Hennepin Youth Sports Program.
Purpose
The purpose of these grants will be to allow municipalities, park districts or school districts to
create, expand or improve sport or recreational facilities to enhance opportunities for athletics
and recreation.
No grant awards may be used for ongoing expenses, such as programming services or operating
and maintaining the facilities. Charter schools and youth sports organizations must enlist a local
unit of government to submit an application.
Criteria
These criteria will be among those considered in evaluating grant applications:
• Need for the facility
® Population and number of people served
® Partnerships among local units of governments and between local units of governments
and non - profit sports organizations
® Leveraging non - Hennepin County funds and in -kind contributions
• Sustainability, including ongoing operating funds
Inclusion of environmental improvements
0 Equitable distribution throughout the county
Examples
The following are examples of potential projects:
• Baseball and softball fields
• Soccer, football and lacrosse fields
• Playgrounds
• Tennis courts
• Hockey rinks
• Disc golf courses
• Skate parks
Partnerships
Hennepin County will favor proposals that support, create and enhance partnerships both
between public entities as well as those with private organizations. Operating agreements that
expand hours and programs, bring new users to the facility, and provide opportunities that do
not currently exist in the community will be preferred.
Grant Amount
Awards will range from $10,000 up to $325,000. Respondents are required to provide matching
funds or in -kind contributions. Matching fund amounts will be a criteria considered in grant
awards.
Hennepin Youth Sports Equipment Grants
Background
In 2011, the Hennepin County Board of Commissioners approved a small equipment grant
program, which allows local Youth Sports Organizations (YSO) to apply for grants to purchase
equipment relating to youth and amateur sports activities.
Purpose
The purpose of these grants will be to sustain and improve playability of sports facilities and
promoting stronger relationships between local units of government and local youth sports
organizations. Grant funding will allow Focal youth sports organization to purchase equipment
relating to youth and amateur sports activities.
No grant awards may be used for ongoing expenses, such as programming services or operating
and maintaining the facilities. Charter schools and youth sports organizations must enlist a local
unit of government to submit an application.
Criteria
These criteria will be among those considered in evaluating grant applications:
• Population and number of youth served by the organization
• Organizations should be in goad standing with their communities and have a tradition of
providing quality sports programming
• To the extent possible, grants will be awarded to a mix of various sport activities and
distributed to communities throughout the county
Examples
The following are examples of the types of equipment covered by the grant program:
• Field maintenance equipment
• Pitching machines
• Goals
• Backboards
• Nets
• Masking equipment
• Football dummies
• Training aids
Partnerships
A youth sports organization must have the endorsement of a Local Government Unit (LGU),
such as a city, school district or park district. The LGU pledges to act as a fiscal agent for the
grant and agrees to ensure the grant is used for its intended purpose.
Grant Amount
Awards will range from $1,000 up to $10,000. A local match is encouraged, but not required.
Funds will be granted for up to the full amount of equipment.
General information
Grant Administrator
The Hennepin County Board of Commissioners will make the grant awards to respondents. The
Board has contracted with the Minnesota Amateur Sports Commission to administer the
application process.
Updates
The latest updates can be found at.http:l/www.mnsports.orglgrant program.stm,
Contact
Prospective responders who have questions regarding this RFP may contact:
Minnesota Amateur Sports Commission, 1700 105`" Ave NE, Blaine, Minnesota 55449
Stephen Olson, Program Director solson nscs orts.or 763- 785 -3639
Lynda Lynch, Grant Administrator Ily_n_ch@mnsports.or 763- 785 -5631
Mark Erickson, Program Manager merickson @mnsports.org 763 -785 -5662
Deadline
All proposals must be received by MASC by 4:00 PM on Friday, October 14, 2011 at the address
above.
Twins Community Fund Grants
Additional grant funding for baseball and softball projects is available from the Twins
Community Fund. The Twins Community Fund has a separate application and award process for
these grants. Potential applicants should review the criteria at the Twins Community Fund
website at http: / /www.twinsbaseball.com /community.
tV.,37-T1
The right time. The right people. The right compaiW
To: Corcoran Parks and Trails
Commission
Copies To: Dan Donohue, City Administrator
Kendra Lindahl . City Planner
444 Cedar Street, Suite 1500
Saint Paul, MN 55101
(651) 292 -4400
(651) 292 -0083 Fax
www.tkda.com
Reference: Park Dedication Ordinance Update
Proj. No.: 14855.000
From: Sherri Buss, R.L.A., TKDA Routing:
Date: June 20. 2011
This memo provides an updated estimate of park and trail system costs through 2030, and an estimate of park
dedication fees that could be generated using the current ordinance and a revised fee schedule that is based
on the land uses and growth anticipated in the Corcoran 2030 Comprehensive Plan.
The memo also discusses potential changes to the City's existing Park Dedication Ordinance. A draft
ordinance is included for discussion.
I. PARK AND TRAIL, SYSTEM COST ESTIMATE
Background. The Minnesota Statutes that govern establishment of park dedication fees require that there be
an essential nexus (nexus means a "substantial connection ") between the fees or dedication and the
municipal purpose.
Cities use a variety of formulas to determine the required dedication of land or the cash in lieu of dedication.
The formulas are based on the projected cost of the parks, trails and open space areas that will be provided in
the future, and the development projected in the comprehensive plan that may provide demand for additional
parks, trails and open space. The calculations result in a percentage value for the amount of land that the
City will require to be dedicated in each new subdivision. The City may then determine a cash in lieu
amount that may be required, based on the required land dedication.
Revised Table of Park and Trail System Costs through 2030. The table attached identifies the estimated
costs for development of the City's proposed Park and Trail System through 2030. At our last meeting, we
discussed the table that was developed as part of the Comprehensive Plan process, and the needs to revise the
table based on:
® More realistic estimated land costs
8 Level of system development that could be achieved based on the fees that could be generated by the
types of development and number of developable acres estimated in the Comprehensive Plan.
The table attached includes the following revisions from the previous table:
® Reduced the number of proposed new community parks from 3 to 2, reflecting the actual number of
new parks shown on the 2030 Park and Trail plan map.
An Employee Owned Company Promoting Affirmative Action and Equal Opportunity
Corcoran Parks and Trails Commission Page 2
Park Dedication Ordinance Update
June 28, 2011
Assumed that 1 new open space park may be developed in the non -MUSA area by 2030. The other
two parks shown on the plan are more likely to be developed after 2030
Assumed that the "on road" trails in both the MUSA and non -MUSA areas will have no land
acquisition costs or development costs other than signage. These trails would be created by restriping
existing roadways, or as roadways are reconstructed. The costs for striping or roadway
reconstruction would not be funded through City park dedication funds.
Assumed land values of $80,000 per acre in the MUSA area and $20,000 per acre in the non -MUSA
area. It is difficult to estimate current land values in Corcoran due to the low level of land sales in
recent years. The land value assumptions are based on land values in adjacent communities with
sales in MUSA and non -MUSA areas, and by looking and values before the recent recession.
The revised cost estimate indicates a total system cost of approximately $42,000,000.
II. FEE CALCULATION
The Park and Trail Commission discussed some options for park dedication fees at its meeting in April.
Based on the discussion, members suggested that the fee structure should be a graduated structure based on
development densities, and that it should reflect the land use categories included in the City's 2030
Comprehensive Plan. Graduated structures are used by many growing communities in the Metro Area.
They reflect the assumption that the level use of park and trail facilities is related to the density of people in a
developed area. Several examples of graduated structures used by neighboring communities were included
in the memo for the April 18 Commission meeting.
Corcoran's current ordinance includes a fee structure that provides for land dedication based on land use:
® Up to 6 units per acre: dedication requirement is 10% of land or cash equivalent
® 6 units or more: 12 percent of land or equivalent
m Maximum dedication: $6,000 per residential unit
0 Commercial /industrial: 5% of land or cash equivalent
0 The City's current fee structure does not reflect the land use categories included in the 2030
Comprehensive Plan.
Fee Calculation Options based on 2030 Comprehensive Plan
The Corcoran 2030 Comprehensive Plan includes the following land use categories:
® Rural/Ag Residential
Existing Residential—no further development expected in these areas
Low - Density Residential (3 -5 units /acre)
® Medium Density Residential (6 -8 units /acre)
® Mixed Density Residential (8 -10 units /acre)
® High Density Residential and Mixed Use (10+ units per acre)
Land Use Assumptions regarding developable acres in the 2030 Com rehensive Plan include the followin
Rural /Ag Residential 1240 Acres /632 units maximum —non -MUSA area
Corcoran Parks and Trails Commission Page 3 June 28, 2011
Park Dedication Ordinance Update
Low Density Residential (3 -5 U /A)
Medium Density Residential (6 -8 U /A)
Mixed Residential (8-10 U /A)
High Density and Mixed Use (10+ U /A)
Commercial
Industrial
2716 Acres - -MUSA
147 Acres - -MUSA
555 Acres - -MUSA
386 Acres - -MUSA
5044 Acres Residential
222 Acres - -MUSA
506 Acres —MUSA
5772 Acres - -TOTAL
Land Value Assumptions for new fee calculations- -$80,000 per acre MUSA for lower and medium density
residential uses; $20,000 per acre non -MUSA; $100,000 high - density and commercial/industrial uses. The
assumptions are based on land sales in adjacent communities (MUSA and non -MUSA areas) and
conversations with the Assessor and City Planner.
Fee Calculation 1: Current Ordinance
1240 Acres x 10% -124 Acres x $20,000 = $ 2,480,000
2716 Acres (3 -5 /Acre) x 10% =271.6 Acres x $80,000 = $ 21,428,000
1088 Acres (6+ /Acre) x 12 %= 130.56 Acres x $100,000– $ 13,056,000
728 C/I Acres x 5% = 36.4 Acres x $100,000 = $ 3,650,000
$ 40,904,000
Fee Calculation 2: Potential Fee based on 2030 Comp Plan Land Use Categories
1240.0 acres non -MUSA x 10% = 124 Acres x $20,000 – $ 2,480,000
2716 low density acres x 11% = 298.76 x $80,000 = $ 23,900,800
147 medium density acres x 12% = 17.64 x $80,000 = $ 1,411,200
555 mixed density acres x 13% = 72.15 x $80,000 = $ 5,722,000
386 high/mixed use acres x 14% = 54.04 x $100,000= $ 5,404,000
728 C/I Acres x 5% = 36.4 Acres x $100,000 = $ 3,640,000
$ 42,550,000
The total amount of park dedication that could be generated using this fee schedule is approximately
equal to the fees needed to support the proposed park and trail system
The fee schedule is similar to the schedule used in adjacent communities
The rationale for the fee schedule would include the following:
• It generates the fees needed to support the proposed system, i.e. there is a nexus between the
needs for parks and trails and the proposed fee
• The proposed fee schedule acknowledges that areas with a higher population density are
likely to generate a higher level of demand for parks, trails and open space
• Commercial and Industrial land uses may generate demand for Trails and Cornrnunity Parks,
but are unlikely to generate demand for Neighborhood Parks and Open Space Parks, so the
proposed fee for these uses is proportionately lower than for residential land uses.
Corcoran Parks and Trails Commission Page 4 June 28, 2011
Park Dedication Ordinance Update
Some potential issues for the Park Commission and Council consider related to the proposed fee schedule
include the following:
® The City could allow a reduced fee for some types of senior housing projects, such as the Maple
Grove ordinance. The ordinance could be amended to allow the Council flexibility in determining
the fee if the developer can show that the proposed development is likely to have lower than average
demands for parks and trails. Proposed language is included in the draft ordinance, attached.
Revising the maximum dedication fee per residential unit in the non -MUSA area. The maximum
park fee required per residential unit in the current ordinance ($6,000) was based on higher land costs
at the time that the ordinance was developed. Based on the number of potential units in the non-
MUSA area, current estimated land costs, and the formula utilized to calculate potential fees, a
maximum fee of $4,000 per unit could be used. The amount could be reduced further if the City
could identify a rationale based on lower utilization of park and trail facilities by those living in the
non -MUSA areas.
® An option for differentiating between MUSA and non -MUSA fee dedication would be to assume that
those outside the MUSA should pay for development of the trail system, open space parks and
athletic complex, but not for the neighborhood and community parks that would more likely serve
residents of the MUSA area. The value of the "non- MUSA" facilities is about 68 percent of the total
estimated cost of the 2030 park and trail system, and 60 percent of the total estimated cost of the
2020 park and trail system. So the park fee dedication for those outside the MUSA could be 60 or 68
percent of dedication required within the MUSA area, on a per acre basis. This could be combined
with a maximum per unit cap on dedication fees, if desired.
The Commission should discuss whether it wishes to recommend a lower per unit fee in non -MUSA
areas. 68% of $4,000 is approximately $2700.
Other Non -Fee Ordinance Issues
The Park Planner discussed the current ordinance with the City Planner, to determine whether there were
other issues that should be addressed, based on implementation of the ordinance since its adoption. The City
Planner noted the following:
® The current ordinance is relatively easy to implement and is very defensible.
® If the Parks Commission recommends differing dedication requirements by density or land use type,
it should have a rationale for the differences based on estimated demand for park and trail facilities.
The rationale does not need to be in the ordinance, but should be available in a background memo if
questioned by developers.
The ordinance should be clearer about trail dedication requirements and construction costs (Section 7,
Item A). Most ordinances require that developers provide grading and ground cover for dedicated
park and trail areas, but do not necessarily require developers to construct trails at their own cost. An
example from Maple Grove is the following:
Corcoran Parks and Trails Commission Page 5 June 28, 2011
Park Dedication Ordinance Update
o Installation of improvements. As part of their development contract or site plan approval
responsibilities, owners and developers shall be responsible for making certain improvements
to the developments for park, playground, trail and public open space purposes, including,
but not limited to, finished grading and ground cover for all park, playground, trail and
public open spaces within their developments. " This language was included in the draft
ordinance for discussion.
The Consulting Park Planner recommends that items D and E in Subdivision 2 be taken out of the
ordinance. The rationale for the percentage of Commercial and Industrial park dedication would be
moved to a memo that will discuss the rationale for the requirements for all land uses.
Dedication credit for "private" parks. (Corcoran Ordinance Subdivision 8.) Minnesota Statutes
462.358 requires that "In establishing the portion to be dedicated or preserved or the cash fee, the
regulations shall give due consideration to the open space, recreational or common areas and facilities
open to the public that the applicant proposes to reserve for the subdivision." The Commission may
wish to discuss whether they want to recommend changes to this section of the ordinance to the
Council.
A draft revised ordinance is attached that includes potential language to address the items identified above,
for discussion at the Parks and Trails Commission meeting.
SECTION 955 — PARK DEDICATION
955.010 - Statutory Authorization, Findings of Fact and .Statement of Purpose
Subd. 1. Statutory Authorization. Minnesota Statutes Section 462.358.Subd.2b
provides that municipal subdivision regulations may require that a
reasonable portion of any proposed subdivision be dedicated to the public
or preserved for conservation purposes or for public use as parks,
playgrounds, trails, wetlands, or open space, and that the municipality may
alternatively accept an equivalent amount in cash based upon the
undeveloped land value.
Subd. 2. Findings of Fact. The City Council finds that:
A. The preservation and development of parks, playgrounds, trails and
open space areas within the City are essential to maintaining a healthy
and desirable environment for residents and persons employed within
the City. The presence of parks, trails and open space amenities also
enhances the value and attractiveness of residential and
commercial /industrial developments to landowners, developers,
purchasers, employers, and employees, The City must not only
provide for its present citizens, but it most also provide for the future.
S. New developments place a burden upon the City's parks and open
space system. New facilities must be developed concurrently with
development in order to provide the desired level of service and the
quality of the environment for all. Therefore, new developments shall
be required to contribute toward the City's park system in rough
proportion to the relative burden they will place upon the park system.
C. The City Council recognizes that the need for such parks, trails, and
public open spaces is directly related to the density and intensity of
population and development permitted and allowed in the City. Urban
development results in increased population, increased intensity of use
and greater demands for such public areas and facilities.
D. Development of land for schools, religious institutions or other non-
profit organizations may create additional demand on the City's park
and recreational land and facilities. The City may create partnerships
with these organizations that foster cooperative use of school, non-
profit and park properties for recreational activities.
955.020 - Required Dedication
Subd. 1. Dedication of Land or Cash
A. Pursuant to Minnesota Statutes Section 462.358, Subd. 2b, the City
requires all subdividers as a prerequisite to approval of a final
subdivision plat, land division, or development of any land previously
divided by plat, metes or bounds or any other means, which has not
provided park dedication, to convey to the city or dedicate to the
public use for park, playground, open space, or trail a reasonable
portion of the land being platted, divided, or developed as hereinafter
specified. The portions to be dedicated will be approved by the City;
or in lieu thereof the subdivider shall at the option of the city pay to
the city, for use in the acquisition or development of public parks,
playgrounds, or in debt retirement in connection with land previously
acquired for such public purposes, an equivalent amount in cash based
upon the undeveloped land value. Park Dedication is only due in cases
where additional new parcels are created. Park dedication would not
be due in situations where a replat or lot line adjustment is required to
modify lot boundaries without creating any additional lots.
B. The form of contribution (cash, land, or any combination thereof) shall
be decided by the City Council based upon need and conformance
with the comprehensive plan.
Subd. 2. Administrative Procedures. The City Council shall establish such
administrative procedures as they may deem necessary and required to
irnplement the provisions of this chapter.
Subd. 3. Parks and Trails Commission Recommendation.
A. The Parks and Trails Commission shall, in each case, recommend to
the City Council the total area and location of such land that the Parks
and Trails Commission feels should be so conveyed or dedicated
within the development for the above public purposes. These
recommendations shall be based on the recommendations included in
the City parks and trails plan.
B. The Parks and Trails Commission shall, prior to the time that the
Planning Commission completes its public hearings on the preliminary
plat, review the preliminary plat and recommend to the Planning
Commission the total area and location of the land the Park and Trails
Commission determines should be dedicated for park use. The Parks
and Trails Commission shall present these recommendations to the
Planning Commission and City Council. In those instances where the
Parks and Trails Commission concludes that a cash equivalency
payment should be made by the applicant or owner in lieu of
dedication of land, the Parks and Recreation Commission shall
recommend to the Planning Commission the percentage of the total
park dedication requirement to be paid to the City in cash. In the event
that review at a regular meeting of the Parks and Trails Commission
would result in a delay in the review and approval process so that the
time limitations of Minnesota Statutes Section 462.358 may not be
met, the requirement of review by the Parks and Trails Commission
may be waived by either the applicant or by the City Council at the
time of its review of the application.
Subd. h. Standards for Determination.
A. The Parks and Trails Commission shall develop and recommend to the
City Council for adoption standards and guidelines for determining
which portion of each such development should reasonably be
required to be conveyed or dedicated. Such standards and guidelines
may take into consideration the zoning classification to be assigned to
the land to be developed, the particular use proposed for such land,
amenities to be provided, and factors of density and site development
as proposed by the subdivider. The Parks and Trails Commission shall
further recommend changes and amendments from time to time to
such standards and guidelines to reflect changes in the usage of land
which may occur, changes in zoning classification and concepts and
changes in planning and development concepts that relate to the
development and usages to which land may be put..
B. The Parks and Trails Commission shall develop and recommend
standards for design and construction of public parks, trails, and open
space areas in the city. These standards shall be included in the parks
and trails plan.
Subd. 5. Dedicated Land Requirements. Any land to be dedicated as a
requirement of this chapter shall be reasonably adapted for the above
public purposes. Factors used in evaluating the adequacy of proposed
dedication areas shall include size, shape, topography, drainage, geology,
tree cover, rare species and other significant wildlife habitats, access, and
location.
Subd. 6. Minimum Area of Dedicated Land. Subdividers shall be required to
dedicate to the city for park, trail, playground, open space and other public
purposes as a minimum that percentage of net land area or equivalent
market value in cash as set out below:
Residential land uses:
Land Use Category— Units per Percentage of land or
Comprehensive Plan acre equivalent market value in cash
Rural /Ag Residential
Less than
10%
3
Low Density Residential
3 -5
11%
Medium- Density Residential
6 -8
12%
Mixed Residential
8 -10
13%
High- Density Residential
10+
14'%0
and Mixed -Use
Commercial and Industrial
N/A
5%
or purposes of park dedication, density shall be rounded down to nearest whole
number. For example a development at 8.5 units per acre would be required to pay 14%
park dedication.
A. In no event shall the cash in lieu of land payment exceed $64,000 per
residential unit.
S. The City Council shall review the maximum cash in lieu of land
payment at least every 2 years, to ensure that it remains consistent with
park and trail system development costs.
E. Commercial and industrial land uses: Dedication requirement is five - - -- Formatted: Numbered + Level: I+
percent (5 %) of land or equivalent market value in cash. in no event slia44 Numbering Style: A, B, C, .. + Start at: I +
_ Alignment: Left + Aligned at: 8.25" + Tab
the eash in liett of land paymetit exceed after: 0.5" + Indent at: 0.5"
*- - - Formatted: Indent: Left: 8 ", First line: 0"
C. Developments that include memory care and assisted living units shall apply tit e ' ' - - Formatted: Numbered + Level: I +
commercial rate to the percentage of tneinoiX care and/or assisted living units that are In Numbedng Style: A, B, C, ... + Start at: I +
Alignment: Left + Aligned at: 0.25" + Tab
the project, multiplied by the project net acres. after: o.s" + Indent at: 0.5"
D. Schools, religious institutions and other non - profit organizations:
Dedication requirement shall be determined by the City Council
based on discussion with the School District or non - profit agency.
Recommendations will be based on anticipated use of City park
facilities by the school or organization, and shall consider
agreements for cooperative use of school recreational facilities.
I3. Determination of Fair Market Value. To determine the fair market
value of the undeveloped land, the Developer shall submit an
appraisal at the time of preliminary plat application. The city will
then obtain a review appraisal as a validation of the Developer's
appraisal. If staff and the Developer are unable to agree on fair
market value, the City Council will make the determination of
fair market value.
F. Lands Designated On Official Map or Comprehensive Land Use
Plan. Where a proposed park, playground, trail or open space
area indicated in the city park and trail plan or comprehensive
plan is located in whole or in part within a proposed subdivision, all or
part of the proposed public site shall be designated as such and
should be dedicated to the city, based on the area of land dedication
required by this ordinance.
C. Deviation from Required Dedication. The dedication requirements
based on the development's proportional share of the City park system are
presumptively appropriate.
H. Wetlands and Ponding Areas. Existing wetlands drainage ways
accepted by the city shall not be considered inthe parkland and/or cash
contribution to the city.
Subd, 7. Land Dedication /Payment of Fees
Land Dedication. When land is to be dedicated to satisfy the park
dedication requirement, separate lots or outlots shall be indicated on
the plat drawings for the area(s) to be dedicated. Permanent trail
easements may be allowed for dedication of trail corridors shown on
the Parks and Trails Plan. Such lots, outlots or easements shall be
deeded to the City prior to the issuance of any building permits within
the plat. The d;r= rclm ^- pel.......... 11 he sible for finished gi,-a44ig,
ground covei=-and-c-onStFUCti011 of trails in all 1..nds t. be d.,,7i --I-d e
the E Ne eredit toward the required dedication shall be given F ,•
dit f .• the i.,,,a tra l m
thisNyork, °aver
exe area within en
trails ine4wied in the City's adopted trail_„lal
F- - -
Formatted: Indent: Left: 1.25 ", No bullets or
A. Installation of Improvements. As part of their development contract or--
numbering
site plan approval respons'ibil'ities, owners and developers shall be
Formatted: Indent: Left: 1", Numbered +
responsible for making certain improvements to the developments. For
p p
Level: 1 li Numbering Style: A, 8, C, ... +start
at: 1 +Alignment: Left + Aligned at: 0.25.1+
park, playground, trail and public open space purposes, including, but
Tab after: 0,5" +Indent at: 0.5", Tab stops:
not limited to, finished grading and ground cover for all park,
1.25", List tab
playground, trail and public open spaces within their developments.
No credit toward the required dedication shall be given for this work.
- - -
Formatted: List Paragraph, Left, No bullets or
numbering, Tab stops: Not at 1.25"
A—B. Cash fee. When a cash fee is to be paid in lieu of land dedication,
the payment of such fee shall be required as follows:
For residential developments, the fee shall be paid prior to the
City's release of the signed final plat mylars for recording with
Hennepin County.
2. For commercial and industrial developments the fee shall be paid
prior to issuance of any building permits within the subdivision.
3. Park dedication is required for all newly created lots or parcels.
4. In plats that include outlots for future development, the subdivider
may pay to the City 1} the development's proportional share for
the entire subdivision, including the outlots, or 2) the
development's proportional share excluding such outlets,
providing that the park dedication requirement shall be satisfied
when such outlots are replatted.
Subd. 8. Credit for Private Parks
A. Standards for Credit. At the City Council's discretion, Park dedication
credit may be given where private parks and facilities are provided in a
proposed subdivision, and such space is to be privately owned and
maintained by the future residents of the subdivision. Credit may be
considered when the City Council finds it is in the public interest to do so, and
that the following standards are met:
1. Such credit maybe given only for park areas within the proposed
subdivision that are designated on the Parks and Trails Map as
Neighborhood Parks.
2. The facilities proposed for the private parks and facilities shall be
in substantial accordance with the provisions of the Parks and Trails
Plan, and approved by the City Council,
3. In no circumstances shall such credit for private facilities exceed
20 percent of the amount required to be dedicated to the public
under this chapter. The council and Parks Commission will consider
the proportion of neighborhood park needs provided by the proposed
facility, and the proportion of new neighborhood residents to be served
by the facility in determining the credit to be given for private park
facilities.
4. Yards, court areas, setbacks and other open space required to be
maintained by the zoning ordinance shall not be included in the
computation of such private open space.
5. The private ownership and maintenance of the parks is
adequately provided for by written agreement.
6. The private parks are restricted for park and recreation purposes
by recorded covenants that run with the land in favor of the future
owners of property within the subdivision and which cannot be modified
without the written consent of the City Council.
7. The proposed private parks are reasonably adaptable for use for
park or recreation purposes, taking into consideration such factors
as size, shape, topography, geology, drainage, access, and location
of the proposed facilities.
Subd. 9. Park Fund.
A. Purpose of Park Fund. Cash payments shall be placed by the City in a
special park fund and used only for the acquisition and development of
land for parks, trails, playgrounds, public open space; development of
existing park and playground sites, public open space; and debt
retirement in connection with land previously acquired for park
purposes.
B. Annual Financial Report. Each year, the Parks and Trails Commission
shall present to the council, in such detail as the council shall require,
its estimate of the financial needs of the Parks and Trails Commission
for the ensuing fiscal year.
C. Gifts and Donations. The Parks and Trails Commission is authorized
to receive gifts, devises, bequests, endowments, or other donations of
money and property on behalf of the City. All moneys received shall
be deposited in the Park Fund.
(Ord. 196, passed 06- 24 -04, Ord. 223, passed 08- 11 -05)
5c.
CITY OF CORCORAN
NOTICE OF PUBLIC HEARING
AMENDMENT TO PARK DEDICATION ORDINANCE
Notice is hereby given that the Corcoran Planning Commission will hold a public hearing at
City Hall, 8200 County Road 116, on Thursday, October 6, 2011 at 7:00 p.m. or as soon as
the item may be heard, to consider a request by the City of Corcoran to amend the Park
Dedication Ordinance (Section 955 of the Subdivision Ordinance) regarding Land Dedication
and Payment of Fees.
All persons wishing to speak on the item will be heard. Comments may be submitted in
writing prior to the hearing.
Jill Smith -Arens Office Manager
Date: September 12, 2011
Published in the September 23rd, 2011 edition of the Crow River News
Posted at the Corcoran City Office and the City Website
CITY OF CORCORAN
9/14/11
PARK CAPITAL
FUND REPORT
jheinecke
AS OF 09114/11
7c.
Date
Park
Pat Puhle Memorial Park T -ball field
Parks
Balance
Dedication
Memorial
2011 BEGINNING BALANCE
384,090.46
895.84 (48,157.27) (1,617.65)
(3,819.75)
331,391.63
Jan -11
Kelly's West Oaks 07 -003
6,000.00
337,391.63
Mar -11
Interest Earned
1,290.66
338,682.29
Mar -11
Interest Earned (savings)
11.51
338,693.80
Apr -11
TKDA
(100.78)
338,593.02
Apr -11
Klersey- Memorial Brick
50.00
338,643.02
Jun -11
TKDA
(824.79)
337,818.23
Jun -11
J Olson Park Dedication
3,600.00
341,418.23
Jun -11
Hersahm Memorial Bricks
200.00
341,618.23
Jun -11
Puhle Memorial Bench
(645.10)
340,973.13
Jun -11
Klersy Memorial Brick
(25.60)
340,947.53
Jun -11
Hersahm Memorial Bricks
(134.00)
340,813.53
Jun -11
TKDA
(113.29)
340,700.24
JUI -11
TKDA
(311.55)
340,388.69
JUI -11
Stellar Homes
3,600.00
343,988.69
JUI -11
Olson
3,600.00
347, 588.69
Jun -11
Interest Earned (savings)
11.65
347,600.34
Jun -11
Interest Earned
386.67
347,987.01
Aug -11
Memorial Bricks
106.00
348,093.01
Aug -11
TKDA
(24141)
347,849.60
Aug -11
MN Dept Rev - Forfieted Land
(250.00)
347,599.60
2011 YTD ACTIVITY 18,500.49 0.00 (448.70) 0.00 (1,843.82)
07/30/11 ENDING BALANCE 402,590.95 895.84 (48,157.27) (1,617.65) (3,81915)
Fund Balance as of 09/14/11
1 of 1
347,599.60
CITY OF CORCORAN
7c.
FARMERS STATE SAVINGS
QUARTER ENDED JUNE 30, 2011
Savings
Date
Interest
Revenue
Balance
12/2007
Year end balance
1,532.81
3/2008
3.83
1,536.64
6/2008
4.30
1,540.94
6/2008
Milbrandt Donation
5,000.00
6,540.94
9/2008
12.38
6,553.32
12/2008
9.57
6,562.89
3/2009
8.10
6,570.99
6/2009
6.84
6,577.83
7/2009
Milbrandt Donation
5,000.00
11,577.83
9/2009
16.81
11,594.64
12/2009
17.55
11,612.19
3/2010
15.63
11,627.82
6/2010
14.50
11,642.32
9/2010
13.98
11,656.30
12/2010
11.76
11,668.06
3/2011
11.51
11,679.57
6/2011
11.65
11,691.22
TOTAL
$ 158.41
$ 10,000.00
$ 11,691.22