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10-13-20 WS Agenda Packet CITY OF SHOREWOOD 5755 COUNTRY CLUB ROAD CITY COUNCIL WORK SESSION COUNCIL CHAMBERS TUESDAY, OCTOBER 13, 2020 6:00 P.M. AGENDA 1. CONVENE CITY COUNCIL WORK SESSION A. Roll Call Mayor Zerby _____ Johnson _____ Labadie _____ Siakel _____ Sundberg _____ B. Review and Adopt Agenda 2. CIP DISCUSSION Finance Director Memo 3. EXCELSIOR SEWER CHARGE City Administrator Memo 4. ADJOURN #2 MEETING TYPE City of Shorewood Council Meeting Item Work Session Title / Subject: Capital Improvement Plan 2021-2030 Meeting Date: October 13, 2020 Prepared by: Joe Rigdon, Finance Director Reviewed by: Greg Lerud, City Administrator; Marie Darling, Planning Director; Larry Brown, Public Works Director; Andrew Budde, City Engineer Attachments: Capital Improvement Program 2021-2030: Projects by Funding Source Capital Project funds Revenue & Expenditure Projections Policy Consideration: On an annual basis, the City Council adopts a Capital Improvement Plan (CIP). The CIP lists major capital improvements, and the sources to pay for them. Items in the CIP are not mandated, and the Council reviews capital spending throughout the year. The CIP provides an estimation of the timing and cost of future projects. Future fund balance surplus (deficit) projections for the City’s various capital project funds are included to assist in financial planning. The 2021 amounts in the capital project fund projections are considered to be the preliminary 2021 budgets. Background:  Shorewood Community & Event Center (SCEC): Capital items for the SCEC include building improvements and equipment for the Center. Transfers from the General Fund are the planned source to pay for these items.  Park Improvements: In recent years, the parks CIP has included significant expenditures for projects and proposes various improvements going forward. The Park Improvements fund is projected to fluctuate between negative and positive positions over the life of the CIP. For 2020, the annual transfer/levy to the parks fund was $95,000, and is projected to increase by $5,000 per year. Projects being proposed for 2021 include: Silverwood Park playground equipment: $240,000 o Freeman Park ballfield #4 repair: $70,000 o Mission Statement: The City of Shorewood is committed to providing residents quality public services, a healthy environment, a variety of attractive amenities, a sustainable tax base, and sound financial management through effective, efficient, and visionary leadership. Page 1  Equipment Replacement: The majority of the CIP for equipment replacement pertains to Public Works items, but also includes some administrative technology items. The City’s Equipment Replacement capital fund projection maintains a positive level through 2028. For 2020, similar to the parks fund, the annual transfer/levy to the equipment fund was $95,000, and is projected to increase by $5,000 per year. Projects being proposed for 2021 include various vehicles and equipment as shown on the attached listing.  Street and Utility Improvements: City staff has discussed overall infrastructure system recommendations and is proposing the following projects for 2021: 2021: Maintenance-Bituminous Roadway (streets) o 2021: Glen/Amlee/Manitou (streets, water, sewer, storm) o 2021: Minnetonka Blvd & St. Albans Rd (streets, water) o 2021: Smithtown Pond (storm) o 2021: Smithtown Pond Trail Connection (streets) o 2021: Sweetwater Curve Watermain (water) o 2021: Shorewood Oaks Drainage (storm) o 2021: Grant Street Drainage (storm) o 2021: Mill & Overlay – Drainage Improvements (storm) o For each of the applicable proposed street and utility improvement projects, it is assumed that the Water, Sewer, and Stormwater funds will fund associated utility costs. Without financing assistance and beginning in 2020, the Street Improvement fund activities were originally projected to result in a significant fund deficit. In addition, the City’s utility funds were projected to be significantly depleted. In order to complete the proposed street and utility projects from 2020-2030, Street Reconstruction bonds and utility revenue bonds are proposed to be issued annually to allow for the spreading of repayments over a period of years. To repay the bonded debt, a combination of annual property tax levies and utility fund rate increases and contributions will be necessary.  Trails: A placeholder amount for the Galpin Lake Road sidewalk is included. Staff is exploring a safe routes to school grant application for the Galpin Lake Road sidewalk, and will continue to submit for a bonding bill appropriation. Projects are to be determined.  Utility Funds: The Capital Improvement plans for Water, Sewer, and Stormwater funds include equipment, portions of street infrastructure projects, as well as maintenance and preventative maintenance items. As noted, the utility funds cash reserves are not likely to be sufficient to finance the utility portions of the proposed street improvements. In order to finance the improvements, bonded debt with debt service repayments supported by utility revenues and franchise fees will be necessary. Next Steps and Timelines: Additional discussion may be scheduled. The 2021-2030 Capital Improvement Plan will be on the December 2000 City Council agenda for approval. City of Shorewood, Minnesota Capital Improvement Program 20212030 thru PROJECTS BY FUNDING SOURCE Source #Priority2021202220232024202520262027202820292030Total 201 - Community & Event Center SCEC-19-01 n/a SCEC - Mechanical Systems10,00010,00010,000 30,000 n/a SCEC - Doors, Exterior SCEC-21-01 14,500 14,500 SCEC-22-01 n/a SCEC - Windows10,000 10,000 n/a SCEC - Fire Suppression Attic SCEC-22-02 23,000 23,000 System SCEC-23-01 n/a SCEC - Kitchen Exhaust System30,000 30,000 107,500 24,50043,00040,000 201 - Community & Event Center Total 402 - Park Improvements n/a Freeman Park Overlay Trails P0105 200,000 200,000 P0109 n/a Freeman Park Fence Repair50,000 50,000 n/a Freeman Park North Playground - P0110 25,000 25,000 Hand Rails n/a Freeman Park Ballfield #4 Repair P0111 70,000 70,000 n/a Cathcart Park Resurface Tennis P0200 15,00018,000 33,000 Court P0201 n/a Cathcart Park Hockey Boards150,000 150,000 P0202 n/a Cathcart Park Playground Equipment150,000 150,000 P0301 n/a Badger Park Tennis Courts30,000 30,000 P0403 n/a Manor Park Outdoor Ampitheatre & 150,000 150,000 Perimeter Trail P0501 n/a Silverwood Park Playground 240,000 240,000 Equipment n/a Silverwood Park Retaining Walls P0502 27,900 27,900 Replacement P0700 n/a South Shore Park Master Plan10,000 10,000 n/a South Shore Park Reconstruction P0701 90,000 90,000 Project 310,000275,000165,00030,000177,900268,000 1,225,900 402 - Park Improvements Total Tuesday, October 6, 2020 Source #Priority2021202220232024202520262027202820292030Total 403 - Equipment Replacement Fund n/a Dump Truck - Freightliner 004 233,500 233,500 007 n/a Truck - Ford 550 w/crane, tool box152,700 152,700 n/a Pickup - 4 x 4 Ford F250 010 46,700 46,700 011 n/a Pickup - 4 x 4 Ford F15041,400 41,400 Mower - Toro Groundsmaster 7210 012b n/a 30,000 30,000 022 n/a Trailer 24' - Felling Galvanized18,800 18,800 Sand Pro 3000 064 n/a 15,200 15,200 078 n/a Pickup - 4 x 4 Ford F25035,400 35,400 Pickup - 4 x 4 Ford F150 080 n/a 32,300 32,300 081 n/a Pickup - 4 x 4 Ford F350 49,400 49,400 084 n/a Mower - Toro Groundsmaster 721029,000 65,000 36,000 090 n/a Pickup - 4 x 4 Ford F350 49,400 49,400 091 n/a Truck - Ford 550 One Ton Dump 94,300 94,300 Truck 091b n/a Mower - Toro Groundsmaster 721029,00031,900 60,900 Dump Truck - Freightliner 092 n/a 200,200 200,200 097 n/a Skid Steer - Case SV18542,00053,700 95,700 Dump Truck - Freightliner 098 n/a 212,900 212,900 n/a Sweeper 099 235,900 235,900 Attach Skid Steer - Blower A03 n/a 10,000 10,000 n/a Attach Skid Steer - V Plow A04 6,700 6,700 A08 n/a Attach Skid Steer - snow bucket6,800 6,800 n/a Attach MultiOne - Dirt Bucket A10 11,000 11,000 A13 n/a Engine Analysis station & software4,900 4,900 n/a Asphalt hot box insert for truck A14 9,000 9,000 A15 n/a Attach skid steer broom7,300 7,300 n/a Attach skid steer leveling bar A16 3,100 3,100 T-13-03 n/a Color Copier Replacement10,000 10,000 n/a 800 Mhz Radio Replacement T-19-01 36,000 36,000 T-99-99 n/a Computer Upgrades10,00010,00010,00010,00010,00010,00010,00010,00010,000 100,000 10,000 151,90046,10074,700134,300210,20051,900276,700245,900257,800425,000 1,874,500 403 - Equipment Replacement Fund Total 404 - Street Reconstruction Fund LR-99-100 n/a Maintenance-Bituminous Roadway2,060,000472,1010512,1070555,2340601,7160 4,851,011 649,853 n/a Strawberry Ln ROW acquisition ST-19-02 150,000 150,000 Tuesday, October 6, 2020 Source #Priority2021202220232024202520262027202820292030Total n/a Glen Rd, Amlee Rd, Manitou Ln ST-20-01 1,978,947 1,978,947 reconstruction ST-21-01 n/a Edgewood Rd reconstruction2,774,610 2,774,610 n/a Excelsior Blvd reclamation ST-21-02 919,420 919,420 ST-21-05 n/a Minnetonka Blvd & St. Albans Rd w/ 210,000 210,000 Greenwood ST-23-01 n/a Strawberry Ln reconstruction1,896,238 1,896,238 ST-23-02 n/a Grant Lorenz Rd reconstruction2,136,427 2,136,427 ST-23-03 n/a Eureka Rd N reconstruction2,129,076 2,129,076 ST-23-99 n/a Birch Bluff Rd reconstruction2,071,008 2,071,008 ST-24-01 n/a Noble Rd recon1,168,500 1,168,500 ST-24-02 n/a Noble Rd Reclaim478,744 478,744 ST-25-01 n/a Sweetwater Curve reclamation1,347,682 1,347,682 ST-30-01 n/a 2030 Street Reconstruction 2,000,000 2,000,000 T004 n/a Mill Street Trail Construction110,000 110,000 T017 n/a Mill Street Trail ROW105,000 105,000 T018 n/a Smithtown Pond Trail Connection154,500 154,500 4,553,4472,368,3392,176,0085,043,96102,691,6611,347,6821,521,1362,129,0762,649,853 24,481,163 404 - Street Reconstruction Fund Total 406 - Trails T003 n/a Galpin Lake Rd Sidewalk500,000 500,000 500,000 500,000 406 - Trails Total 601 - Water Fund 038 n/a Air Compressor - Ingersall Rand 18520,700 20,700 n/a Freightliner Water Truck 50%085 57,350 57,350 ST-20-01 n/a Glen Rd, Amlee Rd, Manitou Ln 693,311 693,311 reconstruction n/a Edgewood Rd reconstruction ST-21-01 540,244 540,244 ST-21-02 n/a Excelsior Blvd reclamation1,008,349 1,008,349 n/a Sweetwater Curve Watermain ST-21-04 270,000 270,000 ST-21-05 n/a Minnetonka Blvd & St. Albans Rd w/ 800,000 800,000 Greenwood n/a Strawberry Ln reconstruction ST-23-01 489,075 489,075 ST-23-02 n/a Grant Lorenz Rd reconstruction797,627 797,627 n/a Eureka Rd N reconstruction ST-23-03 6,524 6,524 ST-23-04 n/a Peach Circle/Strawberry CT 400,000 400,000 Watermain ST-23-99 n/a Birch Bluff Rd reconstruction866,533 866,533 Tuesday, October 6, 2020 Source #Priority2021202220232024202520262027202820292030Total n/a Noble Rd recon ST-24-01 372,543 372,543 ST-30-01 n/a 2030 Street Reconstruction 600,000 600,000 n/a Boulder Bridge VT Well Motor W-18-01 35,000 35,000 Replace W-19-02 n/a Amesbury Well Pipe Coatings and 25,000 25,000 Corrosion Prev W-19-05 n/a Rebuild Well Pump SE VT Well25,000 25,000 W-20-03 n/a SE Area Well Motor Replace45,000 45,000 W-20-05 n/a Rebuild Well Pump Amesbury VT 25,000 25,000 Well W-21-02 n/a Rebuild Well Pump Badger VT Well30,00035,000 65,000 SE Area Well & Iron Plant LED Light W-21-03 n/a 12,000 12,000 Conversion W-21-04 n/a Badger Field Well LED Light 6,000 6,000 Conversion W-21-05 n/a Rebuild Well Control Valve SE Well15,000 15,000 W-22-01 n/a SE Area Well Pipe Coatings and 25,000 25,000 Corrosion Prev W-22-02 n/a Rebuild Well Pump Boulder Bridge 30,00035,000 65,000 VT Well n/a FilterMediaChangeout/RehabIronRe W-22-03 40,000 40,000 movalFilterSEPlant W-23-01 n/a Rebuild Well Pump Amesbury 30,00036,000 66,000 Submersible Well W-24-01 n/a Rebuild Well Pump Boulder Bridge 30,000 30,000 Submersible Well W-24-02 n/a East Water Tower Paint & 380,000 380,000 Reconditioning n/a Replace VFD SE Area Well W-24-03 10,000 10,000 W-26-01 n/a Replace VFD Badger Well12,000 12,000 n/a Watermain Reconstruction Activity W-99-01 150,000150,000150,000150,000150,000150,000 1,050,000 150,000 1,872,011721,4251,296,5331,482,787175,000984,627185,0001,193,349192,524750,000 8,853,256 601 - Water Fund Total 611 - Sanitary Sewer Fund 085 n/a Freightliner Water Truck 50%57,350 57,350 SS-13-01 n/a Lift Station 11 Rehab - 20465 240,000 240,000 Radisson Rd. SS-14-01 n/a Lift Station 9 Rehab - 20995 240,000 240,000 Minnetonka Blvd n/a Lift Station 7 Rehab - 5600 SS-16-02 240,000 240,000 Woodside Road n/a CIP Sewer Repairs Assoc with SS-99-01 50,00050,00050,00050,00050,00050,00050,00050,00050,000 500,000 50,000 Roadway Reconstr Tuesday, October 6, 2020 Source #Priority2021202220232024202520262027202820292030Total n/a Televising & Cleaning SS-99-02 00000000 0 SS-99-04 n/a Sewer Additional25,00025,00025,00025,00025,00025,000 175,000 25,000 n/a Infiltration and Inflow Reduction SS-99-05 70,00070,00070,00080,00080,00080,00080,00080,00080,000 770,000 80,000 ST-20-01 n/a Glen Rd, Amlee Rd, Manitou Ln 110,326 110,326 reconstruction n/a Edgewood Rd reconstruction ST-21-01 185,709 185,709 ST-21-02 n/a Excelsior Blvd reclamation139,345 139,345 n/a Strawberry Ln reconstruction ST-23-01 175,049 175,049 ST-23-02 n/a Grant Lorenz Rd reconstruction131,346 131,346 n/a Eureka Rd N reconstruction ST-23-03 143,525 143,525 ST-23-99 n/a Birch Bluff Rd reconstruction120,200 120,200 n/a Noble Rd recon ST-24-01 185,709 185,709 ST-30-01 n/a 2030 Street Reconstruction 200,000 200,000 470,326592,399480,200526,418155,000286,346155,000294,345298,525355,000 3,613,559 611 - Sanitary Sewer Fund Total 631 - Stormwater Management Fund 050 n/a Pump - 4' Discharge Trailer Mtd62,400 62,400 CR-21-01 n/a Culvert Replace - Galpin Lake Rd 9,000 9,000 and Mayflower Rds CR-21-02 n/a Culvert Replace - 22630/22695 8,000 8,000 Murray St CR-22-01 n/a Culvert Replace - 22535 Murray 11,000 11,000 St/6180 Cardinal Dr n/a Glen Rd, Amlee Rd, Manitou Ln ST-20-01 819,867 819,867 reconstruction ST-21-01 n/a Edgewood Rd reconstruction678,682 678,682 ST-21-02 n/a Excelsior Blvd reclamation157,828 157,828 ST-23-01 n/a Strawberry Ln reconstruction469,066 469,066 ST-23-02 n/a Grant Lorenz Rd reconstruction435,150 435,150 ST-23-03 n/a Eureka Rd N reconstruction457,557 457,557 ST-23-99 n/a Birch Bluff Rd reconstruction410,866 410,866 ST-24-01 n/a Noble Rd recon467,086 467,086 ST-25-01 n/a Sweetwater Curve reclamation61,494 61,494 ST-30-01 n/a 2030 Street Reconstruction 500,000 500,000 STM-20-04 n/a Shorewood Oaks Drainage190,000 190,000 STM-20-05 n/a Grant Street Drainage250,000 250,000 n/a 2021 Mill & Overlay - Drainage STM-21-01 100,000 100,000 Improvements STM-24-01 n/a Noble Road Channel Widening247,612 247,612 Tuesday, October 6, 2020 Source #Priority2021202220232024202520262027202820292030Total n/a Smithtown Pond STM-24-02 3,065,280 3,065,280 STM-24-03 n/a Freeman Park Outlet96,794 96,794 n/a Strawberry Lane Drainage (North)STM-25-01 1,071,509 1,071,509 STM-25-02 n/a Strawberry Lane Drainage (South)381,924 381,924 n/a Grant Lorenz Channel STM-26-01 262,692 262,692 STM-26-02 n/a Shorewood Lane Ravine280,000 280,000 Catch Basin Reconstruction STM-99-01 n/a 30,00030,00035,00035,00035,00035,00035,00035,00040,000 350,000 40,000 STM-99-02 n/a Disposal of Street Sweepings36,40037,10037,80038,60039,40040,20041,00041,80042,600 397,650 42,750 Storm Water Additional STM-99-03 n/a 100,000100,000100,000100,000100,000100,000 700,000 100,000 STM-99-04 n/a Storm Pond Sediment Cleaning & 150,000150,000150,000150,000150,000150,000150,000150,000150,000 1,500,000 150,000 Disposal 4,658,5472,430,599696,0661,813,774324,4001,023,042387,494484,628790,157832,750 13,441,457 631 - Stormwater Management Fund Total 12,040,7316,701,8625,038,5079,166,240864,6005,067,5762,529,7764,007,3583,668,0825,012,603 GRAND TOTAL 54,097,335 Tuesday, October 6, 2020 PARK CAPITAL IMPROVEMENT FUND Fund: 402- Park Capital Outlay YTD & Est. ActualActualActual2020BudgetBudgetBudgetBudgetBudgetBudgetBudgetBudgetBudgetBudget 2017201820198/25/20202021202220232024202520262027202820292030 REVENUES Park Dedication Fees - Mattamy 291,127 87,888 - - - - - - - - - - - - Park Dedication Fees - Oppidan - - - - - - - - - - - - - - Park Dedication Fees - Other 6,500 13,000 19,500 19,500 110,500 - - - - - - - - - Interest Earnings 12,878 9,053 14,873 3,236 412 (579) 465 (1,180) (1,692) (509) 436 (39) (1,369) 17 Contributions/donations - Minnetonka Youth lacrosse - 2,000 - - - - - - - - - - - - Contributions/donations - Tonka football - - - - - - - - - - - - - - Grants - Hennepin County Lacrosse 200,000 - - - - - - - - - - - - - Grants - Badger Park - - 150,000 25,000 - - - - - - - - - - Miscellaneous revenue - - - - - - - - - - - - - - Transfers in - Budget (Property tax levy for 2021 and on) 42,000 42,000 42,000 95,000 100,000 105,000 110,000 115,000 120,000 125,000 130,000 135,000 140,000 145,000 Transfers in - Excess Reserves 200,000 - 180,000 - - - - - - - - - - Transfers in - Badger Park Phase 2 (Water, Storm, Street) 41,330 - - - - - - - - - - - - - Transfers in - correct Excelsior annexation detachment - 18,850 - - - - - - - - - - - - TOTAL REVENUES 793,835 172,791 406,373 142,736 210,912 104,421 110,465 113,820 118,308 124,491 130,436 134,961 138,631 145,017 EXPENDITURES Other Improvements 716,456 466,624 479,155 425,136 310,000 - 275,000 165,000 - 30,000 177,900 268,000 - - TOTAL EXPENDITURES 716,456 466,624 479,155 425,136 310,000 - 275,000 165,000 - 30,000 177,900 268,000 - - Revenues Over/(Under) Expenditures 77,379 (293,833) (72,782) (282,400) (99,088) 104,421 (164,535) (51,180) 118,308 94,491 (47,464) (133,039) 138,631 145,017 Beginning Fund Balance 612,818 690,197 396,364 323,582 41,182 (57,906) 46,515 (118,020) (169,200) (50,892) 43,599 (3,865) (136,904) 1,727 Ending Fund Balance 690,197 396,364 323,582 41,182 (57,906) 46,515 (118,020) (169,200) (50,892) 43,599 (3,865) (136,904) 1,727 146,744 Expenditures Badger Park Tennis Courts250,000 Badger Park Phase 2622,793302,5641,876 Addl Engineering - WSB000 622,793302,5641,8760 Badger Park Playground0164,060248,78557,437including Blackstone and Loucks2020 includes 53,725.50 for 2nd half pmt for rubber surface at B Addl Contract000Blackstone Contractors LLC 0164,060248,78557,437 Badger Park picnic shelter0061,2242,809Structural Wood 64,033; other Addl Contract009,680Stonework/carpentry Pilings and Foundation increase0014,000 0075,22412,489 Badger Park restroom009,1102019 costs Addl Contract0040,000105,210Tom Koehnen 0049,110105,210 Freeman Park Parking Lot, Rink, Lights93,66300 Freeman Park Playground0086,060 Cathcart and Silverwood Parks - resurfacing courts0018,100 93,6630104,1600 716,456466,624479,155425,136 1 EQUIPMENT REPLACEMENT FUND Fund: 403 - Equipment Replacement YTD & Est. ActualActualActual2020BudgetBudgetBudgetBudgetBudgetBudgetBudgetBudgetBudgetBudget 2017201820199/24/20202021202220232024202520262027202820292030 REVENUES Interest Earnings 8,514 6,985 17,289 4,126 2,487 1,993 2,602 2,981 2,817 1,944 2,694 1,254 157 (1,019) Grants - - - - - - - - - - - - - - Miscellaneous revenue - - - - - - - - - - - - - - Sale of Capital Assets - 14,500 - - - - - - - - - - - - Transfers in - Budget 120,000 135,000 140,000 95,000 100,000 105,000 110,000 115,000 120,000 125,000 130,000 135,000 140,000 145,000 Transfers in - Excess Reserves - - 32,500 - - - - - - - - - - - TOTAL REVENUES 128,514 156,485 189,789 99,126 102,487 106,993 112,602 117,981 122,817 126,944 132,694 136,254 140,157 143,981 EXPENDITURES Public Works 216,878 94,372 221,476 238,000 141,900 26,100 64,700 124,300 200,200 41,900 266,700 235,900 247,800 405,000 Administration 7,630 38,986 31,390 25,000 10,000 20,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 TOTAL EXPENDITURES 224,508 133,358 252,866 263,000 151,900 46,100 74,700 134,300 210,200 51,900 276,700 245,900 257,800 415,000 Revenues Over/(Under) Expenditures (95,994) 23,127 (63,077) (163,874) (49,413) 60,893 37,902 (16,319) (87,383) 75,044 (144,006) (109,646) (117,643) (271,019) Beginning Fund Balance 548,495 452,501 475,628 412,551 248,677 199,263 260,156 298,057 281,738 194,355 269,399 125,393 15,747 (101,896) Ending Fund Balance 452,501 475,628 412,551 248,677 199,263 260,156 298,057 281,738 194,355 269,399 125,393 15,747 (101,896) (372,915) 2 STREET RECONSTRUCTION FUND Bond Interest Rate2.00% Fund: 404 - Street Capital Outlay Bond Duration (Years)12 YTD & Est. ActualActualActual2020BudgetBudgetBudgetBudgetBudgetBudgetBudgetBudgetBudgetBudget 2017201820199/24/20202021202220232024202520262027202820292030 REVENUES Franchise Fees - Electric (3 months in 2018) - 34,903 164,556 167,000 167,000 167,000 167,000 167,000 167,000 167,000 167,000 167,000 167,000 167,000 Franchise Fees - Gas (10 months in 2018) - 119,375 145,266 148,000 148,000 148,000 148,000 148,000 148,000 148,000 148,000 148,000 148,000 148,000 Interest Earnings 37,042 32,778 67,443 17,604 26,650 32,249 33,851 35,107 33,377 36,860 37,956 41,486 45,051 46,281 Grants - - - - - - - - - - - - - - MSA Funds - - - - Miscellaneous revenue - - - - - - - - - - - - - - Capital Levy (formerly transfers in - Budget through 2020) 770,000 785,000 810,000 835,000 693,614 Debt Levy - - - - 208,186 621,126 967,264 1,153,846 1,594,560 1,597,815 1,831,493 1,967,948 2,124,610 2,305,754 Transfers in - Excess Reserves 475,000 - - - - - - - - - - - - - Bond Proceeds (Based on Eligible Costs) - - - 2,970,233 4,110,048 3,681,624 1,994,266 4,681,795 - 2,492,888 1,409,176 1,678,964 1,937,872 2,649,853 TOTAL REVENUES 1,282,042 972,056 1,187,265 4,137,837 5,353,498 4,649,999 3,310,381 6,185,748 1,942,937 4,442,563 3,593,626 4,003,397 4,422,532 5,316,889 -31%56%19%38%0%15%7%8%9% EXPENDITURES 2017 - Street Reclamation Improvement - Contract 106,798 752,761 - - - - - - - - - - - - 2017 - Street Reclamation Improvement - Soft Costs 76,885 90,676 3,871 - - - - - - - - - - - Total 2017 Street Reclamation Improvement 183,683 843,437 3,871 - - - - - - - - - - - 2018 - Riviera Lane, Mann Lane, Shorewood Lane, other 51,016 2,048,399 129,767 - - - - - - - - - - - Less: Water portion of CIP Street Program - (864,547) (50,368) - - - - - - - - - - - Less: Sanitary Sewer portion of CIP Street Program - (77,106) (4,556) - - - - - - - - - - - Less: Storm Water portion of CIP Street Program - (168,325) (9,806) - - - - - - - - - - - Total Riviera/Shorewood/Mann 51,016 938,421 65,037 - - - - - - - - - - - 2019 - Mill and Overlay (including 20% soft costs) - - 452,549 54,039 - - - - - - - - - - Total Mill and Overlay - - 452,549 54,039 - - - - - - - - - - 2021 - Glen/Amlee/Manitou (FUND 407) - - 78,582 27,746 - - - - - - - - - - 2020 - Woodside (FUND 408) - - 31,966 52,134 - - - - - - - - - - 2025 - Strawberry (FUND 409) - - 7,349 - - - - - - - - - - - 2020 - Islands (FUND 410) - 58,707 65,959 - - - - - - - - - - - 2020 - Lafayette Avenue (FUND 411) - - - - - - - - - - - - - - 2020 - Smithtown Ponds (FUND 412) - bond eligible portion - - - 18,353 - - - - - - - - - - Total Initial Costs (may also be included in bonding) - 58,707 183,856 98,233 - - - - - - - - - - CIP Street Program: (bonded and non-bonded) - - - 2,970,233 4,485,434 3,868,679 2,217,531 5,204,910 - 2,735,176 1,409,176 1,678,964 2,174,832 2,649,853 Total CIP Street Program (bonded and non-bonded) - - - 2,970,233 4,485,434 3,868,679 2,217,531 5,204,910 - 2,735,176 1,409,176 1,678,964 2,174,832 2,649,853 Debt Service - 2020 Bonds - - - - 208,186 232,482 230,487 228,492 226,497 229,752 227,704 230,907 228,807 226,707 Debt Service - 2021 Bonds - - - - - 388,644 388,644 388,644 388,644 388,644 388,644 388,644 388,644 388,644 Debt Service - 2022 Bonds - - - - - - 348,133 348,133 348,133 348,133 348,133 348,133 348,133 348,133 Debt Service - 2023 Bonds - - - - - - - 188,577 188,577 188,577 188,577 188,577 188,577 188,577 Debt Service - 2024 Bonds - - - - - - - - 442,709 442,709 442,709 442,709 442,709 442,709 Debt Service - 2025 Bonds - - - - - - - - - - - - - - Debt Service - 2026 Bonds - - - - - - - - - - 235,726 235,726 235,726 235,726 Debt Service - 2027 Bonds - - - - - - - - - - - 133,251 133,251 133,251 Debt Service - 2028 Bonds - - - - - - - - - - - - 158,762 158,762 Debt Service - 2029 Bonds - - - - - - - - - - - - - 183,244 Debt Service - 2030 Bonds - - - - - - - - - - - - - - Total Debt Service - - - - 208,186 621,126 967,264 1,153,846 1,594,560 1,597,815 1,831,493 1,967,948 2,124,610 2,305,754 Street Sign Replacement 10,355 - - - - - - - - - - - - - Sealcoating/Overlay, pavement marking & Other ** 194,997 221,235 50,566 110,735 100,000 Transfers out - Badger Park Phase 2 18,486 - - - - - - - - - - - - - TOTAL EXPENDITURES 458,537 2,061,800 755,879 3,233,240 4,793,620 4,489,805 3,184,795 6,358,756 1,594,560 4,332,991 3,240,669 3,646,912 4,299,442 4,955,607 Revenues Over/(Under) Expenditures 823,505 (1,089,744) 431,386 904,597 559,878 160,194 125,586 (173,008) 348,377 109,572 352,956 356,486 123,091 361,281 Beginning Fund Balance 1,595,273 2,418,778 1,329,034 1,760,420 2,665,017 3,224,895 3,385,089 3,510,675 3,337,667 3,686,044 3,795,616 4,148,572 4,505,058 4,628,149 Ending Fund Balance 2,418,778 1,329,034 1,760,420 2,665,017 3,224,895 3,385,089 3,510,675 3,337,667 3,686,044 3,795,616 4,148,572 4,505,058 4,628,149 4,989,430 3 STREET RECONSTRUCTION FUND Bond Interest Rate2.00% Fund: 404 - Street Capital Outlay Bond Duration (Years)12 YTD & Est. ActualActualActual2020BudgetBudgetBudgetBudgetBudgetBudgetBudgetBudgetBudgetBudget 2017201820199/24/20202021202220232024202520262027202820292030 CIP Street Program Detail: 2019GlenStrawberryGrant20282030 Mill &Lake MaryAmleeLane DrainageLorenzSweetwaterMill & EurekaMill & OverlayOutletManitouNorthBirch BluffEdgewoodChannelCurveOverlayRdOverlay CIP Street Program: Project #1 - - 452,549 558,000 3,602,451 1,071,509 3,468,605 4,179,245 - 262,692 1,409,176 601,716 2,736,682 649,853 Less: Water portion of CIP Street Program - - - - (693,311) - (866,533) (540,244) - - - - (6,524) - Less: Sanitary Sewer portion of CIP Street Program - - - - (110,326) - (120,200) (185,709) - - - - (143,525) - Less: Storm Water portion of CIP Street Program - - - (558,000) (819,867) (1,071,509) (410,865) (678,682) - (262,692) (61,494) - (457,557) - Streets portion of CIP Street Program - - 452,549 - 1,978,947 - 2,071,007 2,774,610 - - 1,347,682 601,716 2,129,076 649,853 Less: Street Reconstruction Bonds - Ineligible Costs (160,886) (223,265) (285,079) - (236,960) Street Reconstruction Bonds - Eligible Costs - - 452,549 - 1,818,061 - 1,847,742 2,489,531 - - 1,347,682 601,716 1,892,116 649,853 Storm Water - Eligible Costs 81,987 1,071,509 41,524 67,531 61,494 45,756 Total - Eligible Costs - - 452,549 - 1,900,048 1,071,509 1,889,266 2,557,062 - - 1,409,176 601,716 1,937,872 649,853 BeverlySweetwater StrawberryMill Street2024Grant2030 DriveCurveLane DrainageTrailMill & LorenzExcelsiorStreet WetlandWatermainSouth (ROW)OverlayReconBlvdReconstruction CIP Street Program: Project #2 - - - 720,000 270,000 381,924 105,000 512,107 - 3,500,550 - 2,224,942 - 3,300,000 Less: Water portion of CIP Street Program - - - - (270,000) - - - (797,627) - (1,008,349) - (600,000) Less: Sanitary Sewer portion of CIP Street Program - - - - - - - (131,346) - (139,345) - (200,000) Less: Storm Water portion of CIP Street Program - - - (720,000) (381,924) - - (435,150) - (157,828) - (500,000) Streets portion of CIP Street Program - - - - - - 105,000 512,107 - 2,136,427 - 919,420 - 2,000,000 Less: Street Reconstruction Bonds - Ineligible Costs (242,288) Street Reconstruction Bonds - Eligible Costs - - - - - - 105,000 512,107 - 1,894,139 - 919,420 - 2,000,000 Storm Water - Eligible Costs 381,924 43,515 157,828 Total - Eligible Costs - - - - - 381,924 105,000 512,107 - 1,937,654 - 1,077,248 - 2,000,000 Enchanted &2021StrawberryPeach Circle/Noble 2026 ShadyMill & LaneStrawberry CtRoadMill & IslandsOverlayReconWatermainReclaimOverlay CIP Street Program: Project #3 - - - 1,161,140 2,060,000 3,029,428 400,000 478,744 555,234 - - - - Less: Water portion of CIP Street Program - - - - - (489,075) (400,000) - - - - - - - Less: Sanitary Sewer portion of CIP Street Program - - - (210,000) (175,049) - - - - - - - Less: Storm Water portion of CIP Street Program - - - (120,000) (469,066) - - - - - - - Streets portion of CIP Street Program - - - 831,140 2,060,000 1,896,238 - 478,744 - 555,234 - - - - Less: Street Reconstruction Bonds - Ineligible Costs (60,000) (187,055) Street Reconstruction Bonds - Eligible Costs - - - 831,140 2,000,000 1,709,183 - 478,744 - 555,234 - - - - Storm Water - Eligible Costs 120,000 46,907 Total - Eligible Costs - - - 951,140 2,000,000 1,756,090 - 478,744 - 555,234 - - - - Smithtown2022Noble Pond TrailMill & Road WoodsideConnectionOverlayRecon CIP Street Program: Project #4 - - - 1,020,000 154,500 472,101 - 2,193,839 - - - - - Less: Water portion of CIP Street Program - - - (649,740) - - - (372,543) - - - - - - Less: Sanitary Sewer portion of CIP Street Program - - - (34,000) - - - (185,709) - - - - - - Less: Storm Water portion of CIP Street Program - - - - - - - (467,086) - - - - - - Streets portion of CIP Street Program - - - 336,260 154,500 472,101 - 1,168,501 - - - - - - Less: Street Reconstruction Bonds - Ineligible Costs (154,500) (131,946) Street Reconstruction Bonds - Eligible Costs - - - 336,260 - 472,101 - 1,036,555 - - - - - - Storm Water - Eligible Costs 93,417 Total - Eligible Costs - - - 336,260 - 472,101 - 1,129,972 - - - - - - 4 STREET RECONSTRUCTION FUND Bond Interest Rate2.00% Fund: 404 - Street Capital Outlay Bond Duration (Years)12 YTD & Est. ActualActualActual2020BudgetBudgetBudgetBudgetBudgetBudgetBudgetBudgetBudgetBudget 2017201820199/24/20202021202220232024202520262027202820292030 Minnetonka ShorewoodNoble LafayetteBlvd &LaneRoad AvenueSt Albans RdRavineChannel CIP Street Program: Project #5 - - - 255,700 1,010,000 280,000 - 247,612 - - - - - - Less: Water portion of CIP Street Program - - - (102,194) (800,000) - - - - - - - - - Less: Sanitary Sewer portion of CIP Street Program - - - (109,023) - - - - - - - - - - Less: Storm Water portion of CIP Street Program - - - - - (280,000) - (247,612) - - - - - - Streets portion of CIP Street Program - - - 44,483 210,000 - - - - - - - - - Less: Street Reconstruction Bonds - Ineligible Costs Street Reconstruction Bonds - Eligible Costs - - - 44,483 210,000 - - - - - - - - - Storm Water - Eligible Costs Total - Eligible Costs - - - 44,483 210,000 - - - - - - - - - GrantMill Street StrawberryStreetTrail (ROW)DrainageConstruction CIP Street Program: Project #6 - - - 150,000 250,000 - - 110,000 - - - - - - Less: Water portion of CIP Street Program - - - - - - - - - - - - - Less: Sanitary Sewer portion of CIP Street Program - - - - - - - - - - - - - Less: Storm Water portion of CIP Street Program - - - - (250,000) - - - - - - - - Streets portion of CIP Street Program - - - 150,000 - - - 110,000 - - - - - - Less: Street Reconstruction Bonds - Ineligible Costs (106,090) Street Reconstruction Bonds - Eligible Costs - - - 150,000 - - - 3,910 - - - - - - Storm Water - Eligible Costs Total - Eligible Costs - - - 150,000 - - - 3,910 - - - - - - SmithtownShorewood Pond/FreemanOaks Park OutletDrainage CIP Street Program: Project #7 - - - 3,065,280 190,000 - - - - - - - - - Less: Water portion of CIP Street Program - - - - - - - - - - - - - - Less: Sanitary Sewer portion of CIP Street Program - - - - - - - - - - - - - - Less: Storm Water portion of CIP Street Program - - - (3,065,280) (190,000) - - - - - - - - - Streets portion of CIP Street Program - - - - - - - - - - - - - - Less: Street Reconstruction Bonds - Ineligible Costs Street Reconstruction Bonds - Eligible Costs - - - - - - - - - - - - - - Storm Water - Eligible Costs 1,488,350 Total - Eligible Costs - - - 1,488,350 - - - - - - - - - - Mill & Overlay Drainage Improv. CIP Street Program: Project #8 - - - - 100,000 - - - - - - - - - Less: Water portion of CIP Street Program - - - - - - - - - - - - - - Less: Sanitary Sewer portion of CIP Street Program - - - - - - - - - - - - - - Less: Storm Water portion of CIP Street Program - - - - (100,000) - - - - - - - - - Streets portion of CIP Street Program - - - - - - - - - - - - - - Less: Street Reconstruction Bonds - Ineligible Costs - Street Reconstruction Bonds - Eligible Costs - - - - - - - - - - - - - - Storm Water - Eligible Costs - Total - Eligible Costs - - - - - - - - - - - - - - CIP Street Program: TOTAL - - 452,549 6,930,120 7,636,951 5,234,962 3,973,605 7,721,547 - 4,318,476 1,409,176 2,826,658 2,736,682 3,949,853 Less: Water portion of CIP Street Program - - - (751,934) (1,763,311) (489,075) (1,266,533) (912,787) - (797,627) - (1,008,349) (6,524) (600,000) Less: Sanitary Sewer portion of CIP Street Program - - - (353,023) (110,326) (175,049) (120,200) (371,418) - (131,346) - (139,345) (143,525) (200,000) Less: Storm Water portion of CIP Street Program - - - (4,463,280) (1,359,867) (2,202,499) (410,865) (1,393,380) - (697,842) (61,494) (157,828) (457,557) (500,000) Total Streets portion of CIP Street Program - - 452,549 1,361,883 4,403,447 2,368,339 2,176,007 5,043,962 - 2,691,661 1,347,682 1,521,136 2,129,076 2,649,853 Less: Street Reconstruction Bonds - Ineligible Costs - - (375,386) (187,055) (223,265) (523,115) - (242,288) - - (236,960) Street Reconstruction Bonds - Eligible Costs - - 452,549 1,361,883 4,028,061 2,181,284 1,952,742 4,520,847 - 2,449,373 1,347,682 1,521,136 1,892,116 2,649,853 Storm Water - Eligible Costs - 1,608,350 81,987 1,500,340 41,524 160,948 - 43,515 61,494 157,828 45,756 - Total - Eligible Costs - - 452,549 2,970,233 4,110,048 3,681,624 1,994,266 4,681,795 - 2,492,888 1,409,176 1,678,964 1,937,872 2,649,853 5 MSA STREET CONSTRUCTION FUND Fund: 405 - MSA Capital Outlay YTD & Est. ActualActualActual2020BudgetBudgetBudgetBudgetBudgetBudgetBudgetBudgetBudgetBudget 2017201820199/23/20202021202220232024202520262027202820292030 REVENUES Interest Earnings 1,557 1,965 4,213 2,047 1,385 1,399 1,413 1,427 1,441 1,456 1,470 1,485 1,500 1,515 MSA 116,711 - - - - - - - - - - - - - Miscellaneous revenue - - - - - - - - - - - - - - Transfers in - Budget - - - - - - - - - - - - - - Transfers in - Excess Reserves - - - - - - - - - - - - - - TOTAL REVENUES 118,268 1,965 4,213 2,047 1,385 1,399 1,413 1,427 1,441 1,456 1,470 1,485 1,500 1,515 EXPENDITURES Other Improvements 116,711 - - - - - - - - - - - - - TOTAL EXPENDITURES 116,711 - - - - - - - - - - - - - Revenues Over/(Under) Expenditures 1,557 1,965 4,213 2,047 1,385 1,399 1,413 1,427 1,441 1,456 1,470 1,485 1,500 1,515 Beginning Fund Balance 128,743 130,300 132,265 136,478 138,525 139,910 141,310 142,723 144,150 145,591 147,047 148,518 150,003 151,503 Ending Fund Balance 130,300 132,265 136,478 138,525 139,910 141,310 142,723 144,150 145,591 147,047 148,518 150,003 151,503 153,018 6 TRAIL CONSTRUCTION FUND Fund: 406 - Trail Capital Outlay YTD & Est. ActualActualActual2020BudgetBudgetBudgetBudgetBudgetBudgetBudgetBudgetBudgetBudget 2017201820199/23/20202021202220232024202520262027202820292030 REVENUES Interest Earnings (8,758) - 15 6 4 4 (4,996) (5,046) (5,096) (5,147) (5,199) (5,251) (5,303) (5,356) Grants - - - - - - - - - - - - - - MSA - 760,000 - - - - - - - - - - - - Miscellaneous revenue - - - - - - - - - - - - - - Transfers in - Budget - - - - - - - - - - - - - - Transfers in - Excess Reserves - - - - - - - - - - - - - - TOTAL REVENUES (8,758) 760,000 15 6 4 4 (4,996) (5,046) (5,096) (5,147) (5,199) (5,251) (5,303) (5,356) EXPENDITURES Other Improvements (TO BE DETERMINED) 53,406 - - - - 500,000 - - - - - - - TOTAL EXPENDITURES 53,406 - - - - 500,000 - - - - - - - - Revenues Over/(Under) Expenditures (62,164) 760,000 15 6 4 (499,996) (4,996) (5,046) (5,096) (5,147) (5,199) (5,251) (5,303) (5,356) Beginning Fund Balance (697,433) (759,597) 403 418 424 429 (499,567) (504,563) (509,609) (514,705) (519,852) (525,050) (530,301) (535,604) Ending Fund Balance (759,597) 403 418 424 429 (499,567) (504,563) (509,609) (514,705) (519,852) (525,050) (530,301) (535,604) (540,960) 7 COMMUNITY INFRASTRUCTURE FUND Fund: 450 - Community Infrastructure Capital Outlay YTD & Est. ActualActualActual2020BudgetBudgetBudgetBudgetBudgetBudgetBudgetBudgetBudgetBudget 2017201820199/23/20202021202220232024202520262027202820292030 REVENUES Interest Earnings 1,305 1,977 7,860 4,142 1,600 1,616 1,632 1,649 1,665 1,682 1,699 1,715 1,733 1,750 Grants - - - - - - - - - - - - - - Miscellaneous revenue 187,663 49,559 21,044 7,587 - - - - - - - - - - Sale of 22000 Stratford Place - 5,000 138,802 - - - - - - - - - - - Encroachment Agreement - Fisk - - 5,000 - - - - - - - - - - - Transfers in - Budget - - - - - - - - - - - - - - Transfers in - Excess Reserves - - - - - - - - - - - - - - TOTAL REVENUES 188,968 56,536 172,706 11,729 1,600 1,616 1,632 1,649 1,665 1,682 1,699 1,715 1,733 1,750 EXPENDITURES Public Works Roof - - 15,000 260,000 - - - - - - - - - - Other Improvements 219,252 54,980 21,043 5,971 - - - - - - - - - - TOTAL EXPENDITURES 219,252 54,980 36,043 265,971 - - - - - - - - - - Revenues Over/(Under) Expenditures (30,284) 1,556 136,663 (254,242) 1,600 1,616 1,632 1,649 1,665 1,682 1,699 1,715 1,733 1,750 Beginning Fund Balance 306,313 276,029 277,585 414,248 160,006 161,607 163,223 164,855 166,503 168,168 169,850 171,549 173,264 174,997 Ending Fund Balance 276,029 277,585 414,248 160,006 161,607 163,223 164,855 166,503 168,168 169,850 171,549 173,264 174,997 176,747 Land Held For Resale 150,068 150,068 150,068 150,068 150,068 150,068 150,068 150,068 150,068 150,068 150,068 150,068 150,068 150,068 Fund Balance, Excluding Land Held For Resale 125,961 127,517 264,180 9,938 11,539 13,155 14,787 16,435 18,100 19,782 21,481 23,196 24,929 26,679 $260,000 included in 2020 for public works building roof 8 City of Shorewood Council Meeting Item 3 Title/Subject: Excelsior Sewer Billing Meeting Date: October 13, 2020 MEETING Prepared By: Greg Lerud, City Administrator TYPE Reviewed By: Joe Rigdon, Finance Director; Larry Brown, Director WORK SESSION of Public Works; Tim Keane, City Attorney Attachments: 1971 Agreement, 1991 Joint Use Sanitary Sewer Service Rental Agreement, Map 1 of 2, Map 2 of 2, Calculation of Charge Background: Late in 2019, the city of Excelsior sent Shorewood the annual invoice for sewer service charges related to conveyance of sewer from some Shorewood properties through Excelsior sewer mains to the Met Council interceptors or lift stations. Shorewood and Excelsior entered into an agreement in 1991 that contained a formula to determine the cost to Shorewood for the use of Excelsior sewer mains, and Excelsior has invoiced the city annually based on that formula since. As staff started to investigate these charges, we began to have serious questions about the cost for this service and what exactly Shorewood was paying for. A little history: In 1971, the two cities entered into an Agreement to share the cost to install a trunk sewer main on Glencoe in Excelsior that would serve properties in both cities. Shorewood paid one-half of the cost for that main installation and for that contribution, Shorewood had the perpetual right to use and convey sewage through that main at no future cost or expense. Excelsior would be responsible for all future costs to operate and maintain that sewer main. While the Met Council was building out its collection system in the late 1980s, it was using sewer mains in various cities to make their collection system “whole” and they paid rent to the municipal owner of use of those lines. Around 1990, the Met Council completed installation of its own interceptors and lift stations. The Met Council therefore no longer needed to use local mains, so they stopped paying rent for use of city lines. As a result, in 1991 Shorewood and Excelsior signed a “Joint Use Sanitary Sewer Service Rental Agreement.” The agreement contained a formula that calculated Shorewood’s cost per million gallons, and then charged that amount against the Met Council’s estimated “unmetered flow” from Shorewood through Excelsior. There is very little in the minutes or other documents that shows the thought process on how the 1991 Joint Use Agreement was developed or rationale for the formula. Mission Statement: The City of Shorewood is committed to providing residents quality public services, a healthy environment, a variety of attractive amenities, a sustainable tax base, and sound financial management through effective, efficient, and visionary leadership. Page 1 The unmetered flow is determined by Met Council and it is an estimate of flow that crosses municipal boundaries before it can be metered, and it is to make sure that the treatment costs are appropriately charged to the municipality from where the sewage was generated. For example, Shorewood has unmetered flow that goes into Excelsior, and that amount gets added to Shorewood’s bill when Met Council determines the city’s annual sewer treatment cost. Likewise, Victoria has unmetered flow that enters Shorewood, and that is deducted, or a credit, against Shorewood’s total meter flow. It is important to know that this calculation is only for determining credits and debits to each city’s sewer treatment cost and is not the amount of sewage that is conveyed through sewer mains. The two general areas that convey Shorewood sewage through Excelsior mains are shown on the attached maps and generally described as: the Grant/Academy/Park area, and the other is Wood Duck Circle/CR 19/Shorewood Marian/Lafayette. According to Met Council plans and maps, there are 136 Residential Equivalency Connections (RECs) in these two areas. Since 2005, the farthest year back where we have readily available information, Excelsior has billed Shorewood $532,200 for conveying sewage from these two areas. Staff had a meeting with Met Council staff to go over the data and information they had. During this meeting, it was discovered that many of the properties on Wood Duck and associated area, were directly connected to the Met Council mains. These parcels are not connected, nor had they ever been connected, to the Excelsior sewer mains. But these RECs had been included in the 1991 formula as if they are connected. The RECs that have never used Excelsior sewer is 39.3% of the total that have been included in the billing calculations sent to Shorewood, and which Shorewood has paid. As I said, we have readily available numbers going back 2005, but a reasonable estimate going back to 1991 indicates that Shorewood has paid approximately $270,000 for service that which was never needed or provided, and for which Excelsior incurred zero expense. With interest, the present value is estimated to be approximately $329,000. We wish to be clear that we do not believe this error was knowingly being done. Shorewood staff has had several conversations and exchanges with Excelsior staff regarding this, and we believe that we have taken those discussions as far as we can. It is now for the city council of each city to determine next steps. There are multiple interpretations of the 1991 agreement because it is so poorly written, and both cities agree that a new agreement is needed. However, setting aside all the other differences of opinion regarding the 1991 Agreement, it is quite clear that Shorewood has been billed, and paid, for something that we did not receive. This is not an example of being charged $12 for something that costs $10, it is an example of being charged $10 for something that costs $0. It is reasonable to expect to receive that money back, either as a lump sum (with interest) or as a credit against future (accurate charges), along with a credit for accruing interest. Financial or Budget Considerations: Significant. The annual invoice to the Shorewood represents about eight percent of Shorewood’s sewer expenditures. Options: 1. Take no action on past billings and work to create a new agreement. The fact is some of Shorewood is using Excelsior mains to convey sewage and it is appropriate to pay for that service. While we recommend negotiating a new agreement, staff cannot recommend the city not pursue reimbursement for the amounts paid for which Shorewood did not receive any service. 2. Negotiate a “settlement.” This would have to be done by the city councils, likely with assistance from a mediator. 3. Seek a legal remedy. Staff does not recommend this process. It is costly and complicated because both sides would raise various arguments about the 1991 Agreement and lost would be the unambiguous fact that Shorewood paid for a service that it did not receive. 4. The 1991 Agreement has a cancellation provision that allows the city to cancel the agreement with written notice. The city would then use the $329,000 as a credit against future (accurate) charges, plus interest added to the credit balance until that number reaches zero. Along with this option, staff recommends working on a new Agreement. Recommended Action: Staff recommends the fourth option. Next Steps and Timeline: Staff will take council direction from this work session and bring the matter back to the council for formal action at a future council meeting. City of Excelsior Over-Payment of Sewer Service Fees Annual Over- Billed Payment Interest Year Amount 39.3% LIBOR Balance 1991 11,000.00 * 4,323.00 5,222.41 9,545.41 1992 11,000.00 * 4,323.00 4,947.99 9,270.99 1993 11,000.00 * 4,323.00 4,613.75 8,936.75 1994 11,000.00 * 4,323.00 4,336.65 8,659.65 1995 11,000.00 * 4,323.00 3,966.12 8,289.12 1996 11,000.00 * 4,323.00 3,499.14 7,822.14 1997 11,000.00 * 4,323.00 3,094.87 7,417.87 1998 11,000.00 * 4,323.00 2,696.84 7,019.84 1999 11,000.00 * 4,323.00 2,326.47 6,649.47 2000 11,000.00 * 4,323.00 1,994.78 6,317.78 2001 11,000.00 * 4,323.00 1,614.21 5,937.21 2002 11,000.00 * 4,323.00 1,393.00 5,716.00 2003 11,000.00 * 4,323.00 1,293.58 5,616.58 2004 11,000.00 * 4,323.00 1,226.44 5,549.44 2005 17,976.60 7,064.80 1,870.26 8,935.06 2006 24,617.72 9,674.76 2,160.00 11,834.76 2007 30,330.48 11,919.88 1,953.69 13,873.57 2008 30,040.44 11,805.89 1,249.59 13,055.48 2009 31,006.24 12,185.45 938.06 13,123.51 2010 29,941.16 11,766.88 864.15 12,631.03 2011 29,988.15 11,785.34 831.44 12,616.78 2012 26,797.10 10,531.26 717.10 11,248.36 2013 31,675.95 12,448.65 815.82 13,264.47 2014 43,171.82 16,966.53 1,077.62 18,044.15 2015 41,975.91 16,496.53 1,019.74 17,516.27 2016 49,366.08 19,400.87 1,158.16 20,559.03 2017 49,309.08 19,378.47 1,054.65 20,433.12 2018 45,500.32 17,881.63 766.20 18,647.83 2019 50,848.44 19,983.44 443.63 20,427.07 686,545.49 269,812.38 59,146.37 328,958.75 *ESTIMATED