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102207 CC Public Forum Liquor OperCITY OF SHOREWOOD PUBLIC FORUM MONDAY, OCTOBER 22, 2007 AGENDA 5755 COUNTRY CLUB ROAD COUNCIL CHAMBERS 6:00 P.M. 1. CONVENE PUBLIC FORUM ON POSSIBLE DISCONTINUATION OF CITY LIQUOR OPERATIONS A. Roll Call B. Review Agenda 2. OVERVIEW (Att. -Staff memorandum) 3. PUBLIC COMMENT 4. ADJOURN Mayor Lizee Woodruff Turgeon Callies Wellens Dinner will be available for Council CITY OC SHOREWOOD ~ 5755 COUNTRY CLUB ROAD •SHOREWOOD, MINNESOTA 55331-8927 • (952) 474-3236 FAX (952) 474-0128 • www.ci.shorewood.mn.us • cityhall@ci.shorewood.mn.us MEMORANDUM TO: City Council FROM: Craig W. Dawson, City Administrator DATE: October 18, 2007 SUBJECT: Public Forum regarding Possible Discontinuation of City's Off-sale Liquor Operations During several meetings this year, the City Council has had discussions about whether the City should continue its municipal off-sale liquor operations. The City has had these operations since 1961. The focus of the analysis will be on the performance of the liquor operations since 2004. Through 2002, Shorewood had athree-store system as it operated and managed the City of Tonka Bay's off-sale store. From September 2002 through October 2003, the Shorewood Village Shopping Center did not have a grocery store open, and the City relocated and upgraded its store within that Center. A two- store operation, with the major grocery store tenant in the Shorewood Village Shopping Center, has been constant since the start of 2004. The performance data, in very summary form, are as follows: 2004 2005.. 2006 .Waterford (East, Store 1) Sales $ 857,589 $ 854,693 $ 863,424 Net Income (Loss) 1,737 13,135 (18,353) Net Income (Loss) as % of Sales 0.20% 1.54% (2.13%) Shorewood Plaza (West, Store 2) Sales $1,338,006 $1,180,787 $1,114,627 Net Income (Loss) 52,777 28,977 2,423 Net Income (Loss) as % of Sales 3.94% 2.45% 0.22% Combined Liquor Operations Sales $2,195,595 $2,035,480 $1,978,051 Net Income (Loss) 54,514 42,112 (15,930) Net Income (Loss) as % of Sales 2.48% 2.07% (0.81%) 2004 2005 2006 .. rv f' PRINTED ON RECYCLED PAPER v Public Forum regarding Possible Discontinuation of City's Off-sale Liquor Operations October 22, 2007 Page 2 The following data report on the balance in the Liquor Enterprise, transfers to the General Fund, and the transfer as a percentage of the City property tax levy: 2003 2004 2005 2006 2007 Year-end Liquor Cash Balance $305,170 $ 413,370 $ 389,308 $ 362,687 Transfer to General Fund $ 30,000 $ 50,000 $ 50,000 $ 40,000 City's Property Tax Levy 3,344,442 3,750,633 4,190,395 4,395,308 Transfer as % of Tax Levy 0.90% 1.33% 1.19% 0.92% In Apri12007, the City reduced costs by eliminating one full-time position. With revised budget projections made in May 2007, the estimated net income from both stores was: * for 2007: $ 3,760 * for 2008: $10,569 In May 2007, the City engaged the services of a business valuation consultant in order to give the Council a preliminary indication of the range of prices it might reasonably receive if the Council will to sell its Liquor Operations. In August 2007, the Council agreed to the terms of extending the lease of the Waterford Store to October 31, 2008. With that action, the leases of both stores expire on October 31, 2008. In August 2007, the Council directed staff to begin the process to engage a broker to sell the liquor stores, and in September 2007 selected the broker to perform these services. The City has since received proposals from potential purchasers, which have been reviewed by the Council's Liquor Committee. Statutory Requirements regarding Discontinuation of L~uor Operations Miruiesota Statutes require that the City Council hold a public hearing regarding continuation of municipal liquor operations if, in any two of three consecutive years, the liquor operations show net losses. This is not the case at present and the City is not required to hold a public hearing. Minnesota Statutes do not require that a public hearing be held prior to a decision to discontinue municipal operations as is being evaluated by the Shorewood City Council. The Council is to holding a public forum voluntarily in order to residents to have an opportunity to make comments for the Council to consider in its decision-making process Minnesota Statutes also prescribe municipal off-sale operations as an all-or-nothing proposition. Liquor stores may only be municipal or only be private operations -City and private liquor stores may not be in business in the same city at the same time. CITY OF SHOREWOOD Investment Examples Invested Fund Balance $ 350,000 $ 450,000 $ 500,000 $ 600,000 $ 700,000 $ 800,000 $ 900,000 $ 1,000,000 $ 1,250,000 $ 1,500,000 Annualized Investment Interest at Sample Rates of Return 4.50% 5.00% 5.50% 6.00% $ 15,750 $ 17,500 $ 19,250 $ 21,000 $ 20,250 $ 22,500 $ 24,750 $ 27,000 $ 22,500 $ 25,000 $ 27,500 $ 30,000 $ 27,000 $ 30,000 $ 33,000 $ 36,000 $ 31,500 $ 35,000 $ 38,500 $ 42,000 $ 36,000 $ 40,000 $ 44,000 $ 48,000 $ 40,500 $ 45,000 $ 49,500 $ 54,000 $ 45,000 $ 50,000 $ 55,000 $ 60,000 $ 56,250 $ 62,500 $ 68,750 $ 75,000 $ 67,500 $ 75,000 $ 82,500 $ 90,000 Assumptions: 1. The current approximate Liquor Fund balance is $350,000. 2. Amounts are invested as per the City's Investment Policy. Page 1 of 1 Craig Dawson From: Cherie Daughton [jcdaughton@earthlink.net] Sent: Wednesday, October 10, 2007 4:31 PM To: Craig Dawson Subject: October 22 Meeting Regarding Liquor Stores October 10, 2007 Mr. Craig Dawson City Administrator City of Shorewood 5755 Country Club Road Shorewood, MN 55331 Dear Mr. Dawson: We are writing to offer our opinion on the sale of the municipal liquor stores. We are against it. We will not be able to attend the meeting on October, 22, 2007, but wanted to voice our opinion to you, hence this letter. We hope you will share this letter with the mayor and the members of the city council. Our concerns regarding the sale of the liquor stores are many. Here is the list: 1. The idea of selling the liquor stores is one that impacts every resident of Shorewood, and so we all should have an opportunity to discuss the issue and offer viewpoints. 2. We are very concerned over the loss of jobs for the employees of the liquor stores. Many have been employed for years at the stores and all go above and beyond the call of duty insofar as service and professionalism. Further, this is certainly not a time to foster and force unemployment. 3. The Shorewood liquor stores have historically offered excellent prices to one and all, beating such liquor giants as MGM. All patrons of the municipal liquor stores appreciate this, continue their patronage and thus add to the city coffers. 4. The ownership of the liquor stores by the government of Shorewood is not a "to-be-feared" illustration of big government. Indeed, not only is city ownership benign governance, city ownership brings profits to the city. As for the ups and downs of profits, this happens in every industry, every business. One needs to view the overall picture. Bottom line: any profit is just that: Profit. And profit is good. 5. The loss of revenue to the city means an increase in taxes for us all, if not immediately, then very soon. 6. We feel the idea to sell the liquor stores was railroaded through way too quickly as far as the citizens of Shorewood are concerned. Having seen such railroading many times in the corporate world, we know the outcome is never good. Thank you for your time. Sincerely, Jim and Cherie Daughton 5935 Hillendale Road Shorewood, MN 55331 10/11/2007 #3 From: Therese [mailto:Therese@mchsi.com] Sent: Friday, September 21, 2007 11:21 AM To: cityhall@ci.shorewood.mn.us Subject: Liquor Store Dear Mayor Lizee and Council Members: The City should not be in the business of business period exclamation point. It's a wise idea to rid the city of the liquor stores and would be a plus if you could make some money on sale of said stores.. Respectfully and sincerely, Terry Paetzel PS Mayor Lizee, I really appreciate your Sat. coffee shop meets. So far our Saturdays haven't coordinated but I will get there if for no other reason than to say thanks in person. Page 1 of 2 Craig Dawson From: Rick Stromberg [rick_stromberg@starkey.com] Sent: Thursday, October 18, 2007 4:10 PM To: clizee@ci.shorewood.mn.us; dwoodruff@ci.shorewood.mn.us; Iturgeon@ci.shorewood.mn.us; pcallies@ci.shorewood.mn.us; mwellens@ci.shorewood.mn.us; Craig Dawson Cc: Vicki.Stromberg@fsi-intl.com Subject: Public Hearing regarding the Liquor store sales Attachments: Rick Stromberg.vcf; Rick Stromberg.vcf Mayor, City Council, City administrator, I am unable to attend the public hearing regarding the liquor store sales due to prior committments My opinion for the record: In my opinion, the Mayor is completely in the right in calling for a public hearing regarding the decision on this issue to sell the city owned liquor stores. Part of the process was definitely circumvented, and certain steps in the decision making process were missed or eliminated when this decision was made. I do not know all of the issues or resons surrounding the decision that was made, but I do know from experience how the municipal liquor stores can enhance the community. I grew up in the city of Richfield. The city of Richfield, for as long as I can remember, had 2 municipal liquor stores owned and run by the city. When I was in my teens they added a third. These liquor stores provided a revenue stream that paid for most of the street and road maintenance. They also paid for the municipal swimming pool complex, the ice arena, improvements to the junior high and high schools, and many other smaller ticket items. The positive influences of the revenue from the liquor stores in Rchfield made such a huge difference in the quality of life in our community when I was growing up that I cannot comprehend how different my life would have been without the benefits of the Richfield pool, which in itself was a huge revenue builder, the ice arena, and the improvements to the parks and roads in the environment that I and many others grew up in. Talk to anyone who grew up or lived in Richfield during the 60s, 70s, 80s, or even today. The potential for Shorewood could be the same. If the city were to maintain and promote the city owned liquor stores, and even make slight location improvements, it could improve profits dramatically, along with a monopoly of the off sale liquors within the city limits. Selling the municipal liquor stores will result in a revenue loss which would lead to an increase in taxes for the residents....it would have to be accounted for somewhere, and we all know how the average working class individual responds to increases in their taxes. Not usually favorable. In summary , I am a ag inst the sale of the Shorewood liquor stores. Respectfully, Rick Stromberg Corporate Project Manager Starkey Labs., Inc 6600 Washington Ave. So. Eden Prairie, MN 55344 952.941.6401 ext. 2252 work direct - 952.828.9252 10/18/2007 Page 1 of 2 Jean Panchyshyn From: Craig Dawson Sent: Monday, October 22, 2007 8:32 AM To: Jean Panchyshyn Subject: FW: What is the strategy for selling the liquor stores and making up for the revenue they generate? From: Mike Murrell [mailto:mike@salesforcexp.com] Sent: Friday, October 19, 2007 4:23 PM To: CityHall Cc: Craig Dawson Subject: What is the strategy for selling the liquor stores and making up for the revenue they generate? Chris Lizee, Mayor Paula Callies Laura Turgeon Martin Wellens Dick Woodruff Dear City of Shorewood Representatives First, I would like to thank you for all of your efforts and hard work toward making Shorewood asmooth- running, forward-looking and fiscally sound community. Second, I would like to voice my opinion against selling the City's two liquor stores. I'm generally opposed to government operating commercial enterprises. But Shorewood's liquor stores provide products, pricing and services that are better then privately owned stores in the area. Plus, they provide the city with a valuable revenue stream. As an example of the Shorewood stores' superior service, our company periodically hosts business-related receptions that usually include beer and wine. We switched to the Shorewood liquor store at 7 & 41 several years ago because of the assistance we received selecting the refreshments, availability of glasses and even the help loading. The staff at that store (I'm not familiar with the other store) is especially helpful for such business activities. I think it would be a mistake to risk losing this level of service and caliber of staff, especially since I have not aware of any strategic reasons for selling the stores. Thank you for your consideration Mike Mike Murrell, President Mach1 Business Media, LLC P.O. Box 247 27020 Noble Road Excelsior, MN 55331 n ~~~~~~.,~ ~ ~s~v~