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HomeMy WebLinkAbout2018-05-10 Council Minutes- CITY OF CORCORAN City Council Meeting Minutes May 10, 2018 - 7:00 pm The Corcoran City Council met on May 10, 2018 at City Hall in Corcoran, Minnesota. Present were Mayor Thomas, Councilor Dejewski, and Councilor LaFave. Excused were Councilor Bottema and Councilor Keefe. Also present were City Administrator Martens, City Planner Lindahl, City Engineer Torve, Public Works Superintendent Meister and Public Safety Director Gottschalk. 1. Call to Order / Roll Call Mayor Thomas called the meeting to order at 7:00 pm. 2. Pledge of Allegiance Mayor Thomas invited all in attendance to rise and join in the Pledge of Allegiance. 3. Agenda Approval City Administrator Martens noted a corrected typo in the April 26th minutes, an updated resolution for 11a, and added 11e to update the Council on the maintenance operator position. MOTION: made by Dejewski, seconded by LaFave to approve the agenda as amended. Voting Aye: Thomas, Dejewski, and LaFave (Motion carried 3:0) 4. Open Forum No persons were present to speak. 5. Presentations a. 2017 Audit — Justin Nilson, Abdo, Eick & Meyers Justin Nilson, Audit Manager for the City of Corcoran, gave a presentation on the financial audit for Corcoran in 2017. He noted that the auditor's responsibility is to give an opinion on how the City is managing its finances. He explained that the auditor prepares the City's financial statements and shared a finding that the City has insufficient collateral coverage. Nilson discussed last year's recommendation of updating financial guidelines. This was completed by the City of Corcoran in 2017 due to auditor recommendations. During this year's audit, it was discovered that the City is holding approximately 80% of its cash and investments in accounts earning an interest rate below 0.05 %, resulting in an approximate 0.13% average rate of return in 2017. Nilson recommends the City of Corcoran consider its investing needs and possibility increase returns by diversifying some of its cash into other types of investments authorized under Minnesota statutes. Nilson presented a graph of the general fund balance over the past 5 years. He noted that in 2018 the balance was $4,520,261. This is a $1,193,323 or 35.87% increase from a balance of $3,326,938 in 2017. He also noted that $460,031, or 10.1%, of the total fund balance was assigned for long range planning. The Council inquired if other cities had a similar amount of unrestricted funds. Nilson stated that their recommendation is 40 -50% with the minimum being 35% leaving the City of Corcoran within those guidelines at 36.7 %. Nilson then compared what the City budgeted in the general fund to what was actually found. The City had budgeted $3,987,106 for revenue and received $4,486,454, resulting in a surplus of $499,348. The City budgeted $4,014,228 for expenditures and actually spent $4,200,392, resulting in additional spending of $186,164. The difference between the received revenues and expenditures, as well as an additional $10,000 from other financing sources, left the City a surplus of $323,184. The Council noted that it is a challenge to estimate how much a City is going to grow and be able to monitor those changes and inquired if the auditor had any recommendations on how to best do that. Nilson responded that long-range planning is comparative and it requires looking at all the funds and the entire picture. He also noted that budgeting conservatively is good practice. Nilson then went over the general fund breakdown of revenues and transfers. The largest portion of revenue came from taxes, licenses/permits, other revenue, intergovernmental, and charges for services. The largest portion of expenditure came from public safety, public works, general governmental expenses, and transfers. The Special Revenue Fund has increased from $61,619 in 2016 to $141,037 in 2017, resulting in an increase of $79,418 or 128.89%. Some sources of income that comprise the Special Revenue fund are reserve donations, police donations, firearms safety training donations, DWI forfeiture, drug forfeiture, truck safety donations, and lawful gambling. Nilson presented the City's Debt Service Funds with a total of $7,456,000 in outstanding debt and $1,645,473 in remaining interest payments. Capital Project Funds were $3,402,760 in 2016 and $2,103,069 in 2017, resulting in a decrease of $1,299,691 or -38.2%. Major expenditures were the Downtown Improvement Project and Hackamore Upgrades Project. Nonmajor expenditures were Park Capital, Capital Equipment, Shannon Lane, wetland restoration, asphalt maintenance, and the Public Works Facility. The Downtown Improvement Fund decreased $1,514,485 during the year as a result of capital outlay expenditures. The decrease in the Hackamore Upgrade Fund was due to capital outlay expenditures related to the Hackamore Road Upgrade project exceeding current year sources. The increase in the Park Capital Fund was due to Park Dedication Fund revenue. Nilson also noted that the Water Fund increased $276,928 or 19.89% from $1,392,120 in 2016 to $1,669,048 in 2017 and the Sewer Fund increased $62,434 or 12.17% from $513,099 in 2016 to $575,533 in 2017. Lastly, Nilson presented the ratio analysis and found that the City of Corcoran had 54% debt to assets; $1,973 debt per capita; $687 taxes per capita; $762 current expenditures per capita; and $333 capital expenditures per capita. He noted that some of these numbers are higher than other cities due to the City of Corcoran being in the early stages of developing new infrastructure. The Council inquired about the 35% minimum maintenance of the Fund Balance and asked if there were any additional recommendations on how to manage that number. Nilson responded that although 35% is on the lower end, it is not incorrect for a City to operate around that number due to the City's priorities. He did not have any recommendations but did note that some cities start a Capital Improvement Fund as their city grows bigger and suggested this would be a positive item to budget for. The Council inquired if the auditing company had full cooperation from the staff. Nilson stated that there was full cooperation and staff was great to work with. City Administrator Martens acknowledged and appreciated the work that staff did in assisting the auditor. MOTION: made by LaFave, seconded by Dejewski to accept the Audit as presented. Voting Aye: Thomas, Dejewski, and LaFave. (Motion carried 3:0) 6. Consent Agenda a. Draft Minutes of April 26, 2018 Council Meeting b. Cancellation of Special Assessment and Certain Fees- 20175 County Road 50 MOTION: made by Dejewski, seconded by LaFave to approve the consent agenda consisting of items 6a and 6b. Voting Aye: Thomas, Dejewski, and LaFave (Motion carried 3:0) 7. Claims as Presented a. Escrow Claims (Fund #500) MOTION: made by LaFave, seconded by Dejewski to approve escrow claims as presented. Voting Aye: Thomas, Dejewski, and LaFave (Motion carried 3:0) b. All Other Financial Claims MOTION: made by LaFave, seconded by Dejewski to approve all other claims as presented. Voting Aye: Thomas, Dejewski, and LaFave (Motion carried 3:0) 8. Staff Reports I Memos/Commissions a. Commissioner Representatives The Council acknowledged Planning Commission Representative Dorothy Theis. 9. Planning Business a. Consideration of EAW- Encore (18-004) City Planner Lindahl gave a verbal presentation of considering the Environmental Assessment Worksheet (EAW) for the Encore development. She explained that the final step in the EAW process is to determine what to do with the findings. She noted that EAWs are mandatory for residential developments with more than 250 homes for a city the size of Corcoran. The intent of the EAW is to identify potential environmental impacts and then adopt mitigation strategies that could be included in conditions for future approval. If the EAW identifies significant environmental impacts that cannot be mitigated, then it is required to order an Environmental Impact Statement (EIS) which gives you additional alternatives. After reviewing the findings for an EAW, the Council decides if they want to request additional information about the EAW, make a finding of "no need for an EIS, or order an EIS. Based on the review of the EAW dated March 5t ", staff recommends finding a "no need" for an EIS. The Council asked City Planner Lindahl to walk through the process of an EIS. City Planner Lindahl explained that the EIS is similar to the EAW except that it does not identify new impacts and rather finds alternative mitigation strategies for the findings in the EAW. The Council noted surprise that there was no concern about the impact on adjacent wetlands. City Planner Lindahl noted that most cities in the Metro area have rules for identifying mitigation strategies and solutions to everything outlined in the EAW so it is less impactful in the Metro than it would be in more rural areas that did not have mitigation strategies outlined. She noted that there was not anything in the EAW that did not already come up in the feasibility study or other planning reviews. She also noted that if the wetland was impacted, the City would have to comply with the Wetland Conservation Act. MOTION: made by LaFave, seconded by Dejewski to approve Resolution 2018-31 declaring finding of "no need" for an Environmental Impact Statement (EIS) based upon the review of the Environmental Assessment Worksheet (EAW) dated March 5, 2018 for the "Encore" Project proposed Pulte Homes of Minnesota, LLC at 9975 County Road 101. Voting Aye: Thomas, Dejewski, and LaFave (Motion carried 3:0) 10. Unfinished Business No unfinished business was presented. 11. New Business a. Awarding the Sale of General Obligation Bonds, Series 2018A City Administrator Martens noted that at the April 12th, 2018 Council meeting a resolution was approved providing the issuance and sale of bonds for the purchase of 20400 County Road 50, as well as the 2018-2019 Capital Improvement Plan. The amount was for approximately $1,865,000. In advance of the sale, a rating call was held with Moody's Investor Services who upgraded the City's rating from an Al to Aa3 due to improved financial position, reserves growing healthily relative to the budget, growing tax base, favorable location within the Twin Cities Metro area, above average wealth levels, a moderate debt burden, and a moderate pension burden. Tammy Omdal from Northland Securities gave a bond sale summary. She stated that on May 10th Northland Securities took bids on behalf of the City of Corcoran. They received two bids and chose the lower bid. She noted that the bonds are being sold to finance park land acquisition and equipment totaling $1,835,000; which was $30,000 lower than previously estimated. She explained that the bids were paid with premium meaning the buyer of the bonds is paying the City of Corcoran more to have larger coupons on the bond which has a favorable impact on the City. The estimated interest rate with the lower rating was 3.12% and is now down to 2.98%. The Council inquired how many bids were received the last time there was a bond sale. Tammy Omdal responded 3 or 4. She explained that this was a smaller size in the marketplace and that the federal tax bill passed last December had implications on the tax exempt market. The Council verified that it was a steady increase in the Reserve Fund that gave a better rating. Omdal responded that was correct and there was a positive trend noted over a period of time. She noted that a future challenge is the nominal size of those reserves and monitoring it does not go below the current amount. MOTION: made by Dejewski, seconded by LaFave to accept Resolution 2018-37 awarding the sale of General Obligation Bonds Series 2018A, in the original aggregate principal amount of $1,835,000; fixing their form and specifications; directing their execution and delivery; and providing for their payment. Voting Aye: Thomas Dejewski, and LaFave (Motion carried 3:0) b. Interfund Transfer City Administrator Martens stated that the final step related to the bond sale is to approve transferring $250,000 from the Park Dedication Fund to the Capital Fund related to the purchase of 20400 County Road 50. MOTION: made by Dejewski, seconded by LaFave to approve Resolution 2018-29 authorizing an interfund transfer of $250,000 from the Park Dedication Fund to the Capital Fund. Voting Aye: Thomas, Dejewski, and LaFave (Motion carried 3:0) c. Public Hearing- 2018 Dust Control Project City Administrator Martens gave a presentation on the 2018 Dust Control Project. He explained that Dust Control was an annual project to apply chloride product on 27 of the 34 miles of gravel road in Corcoran. The project cost $109,950 or $0.75 per linear foot which is subsidized by the city based upon different types of roads. Collector roads and neighborhood roads connected to collector roads are subsidized $0.24 per linear foot and neighborhood roads accessing paved roads are subsidized $0.60 per linear foot. He noted that the percentage of the project to be assessed has been reduced over time with incremental budget adjustments. Mayor Thomas opened the public hearing. Tom Spiczka, 9103 Cain Road, addressed the Council and discussed having to pay for general road improvements throughout the City regardless of the level of personal use and inquired why property owners bear sole financial responsibility when other residents also use those roads. Stan Littlefield, 7100 Old Settlers Road, addressed the Council and inquired if the City did annual inspections to assess whether the application of chloride product was necessary. He noted that in previous years dust control was applied when it was not needed and stated that by only applying it when necessary would save money. Judith Herwig, 9410 Fox Valley Drive, addressed the Council and raised concerns about the numerous frost boils on her road that have not been fixed in a long time. She also inquired about whether every house on the road would be billed the same. Kari Heitke, 22201 Homestead Trail, addressed the Council and asked why her property was now on the dust control list when it was not in previous years. She also inquired about how payment was going to be divided. Dennis Covington, 7131 Old Settlers Road, addressed the Council and stated that dust control should be a maintenance issue and be evaluated on an every year basis. MOTION: made by Dejewski, seconded by LaFave to close the public hearing. Voting Aye: Thomas, Dejewski, and LaFave (Motion carried 3:0) City Administrator Martens responded that evaluating the roads on an annual basis would be a possibility and the City had not previously discussed doing so. City Administrator Martens also explained that each property is billed on whether they are collector roads or neighborhood roads. He noted that if an individual lives on a gravel road that has portions that are paved they could be billed for a half-unit or quarter-unit. City Administrator Martens explained that Homestead Trail between Willow Drive and Rolling Hills Road was added for the first time this year and that access is the determining factor on whether certain properties will be included in dust control. The Council discussed treating dust control as a maintenance item and noted that the topic had been addressed at previous meetings. The Council noted that high-traffic gravel roads that produce a lot of dust have been considered for paving. The Council also noted that it has tried to find a balance between conflicting opinions by subsidizing more every year. The Council acknowledged that giving Public Works more authority to determine the necessity of dust control on individual roads could be a possibility. Public Works Superintendent Meister explained that roads that are new to the dust control list are likely there because residents requested the application. He also expressed reluctance on giving Public Works the authority to decide which roads to apply dust control due to the subjective nature of that decision and the likelihood that some residents will express dissatisfaction with the decision. He also noted that despite the roads being in fair condition currently, the decrease in quality during the summer months and many residents on roads that were applied for dust control request a second application. The Council noted that they are doing comprehensive analysis on the roads in Corcoran and their maintenance needs and once that is completed they will have a more informed decision on how to manage and maintain certain roads. MOTION: made by LaFave, seconded by Dejewski to accept Resolution 2018-38 ordering improvement of dust control treatments to be applied to city streets in 2018. Voting Aye: Thomas, Dejewski, and LaFave (Motion carried 3:0) d. 2018 Pavement Overlay Program- Accept plans /specs, authorize bids City Administrator Martens gave a presentation on the 2018 Pavement Overlay Program. He stated that the Council approved a feasibility study to develop a 5 -year Capital Improvement Plan (CIP) for Municipal State Aid (MSA) funding. One goal of this study was to review options for project work that was warranted and eligible for MSA construction funds that could be completed in 2018 to draw down the construction account balance below $1.5 million. He noted that during preliminary analysis, it was evident that completion of an enhanced pavement overlay project on previously constructed MSA projects were prime candidates. Two roads under consideration are Larkin Road from Old Settlers Road to County Road 116 and Rolling Hills Road from north of Horseshoe Trail to County Road 50. The estimated project cost was updated to $518,000 for construction. The Larkin Road estimate was $222,000 and the Rolling Hills Road estimate was $2967000. All costs are eligible for MSA reimbursement. The engineering and testing estimate is $35,000 and the lab and field testing that is required for MSA projects will be subcontracted through Wenck. The anticipated schedule is to accept the plan and authorize the bid at the May 10th Council meeting, open the bid on June 5th, award the bid on June 14th, and do construction July- October. MOTION: made by Dejewski, seconded by LaFave to direct staff to authorize bids for the 2018 Pavement Overlay Program. Voting Aye: Thomas, Dejewski, and LaFave (Motion carried 3 :0) e. Maintenance Operator Update City Administrator Martens noted that the resignation notice of a maintenance operator from the last meeting was rescinded and that Philip Medrano will remain with Corcoran Public Works. 12. 2018 Council Schedule City Administrator Martens reviewed the upcoming schedule. 13. Council Liaison Calendar The Council liaison calendar was not reviewed, but was available in the Council packet. 14. Adjournment MOTION: made by LaFave, seconded by Dejewski to adjourn. Voting Aye: Thomas, Dejewski, and LaFave (Motion carried 3:0) Meeting adjourned at 8:09 p.m. Brad Martens —City Administrator