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2005-04-26PLEASE TURN OFF AT CELL PHONES & PAGERS IN COUNCIL CHAMBERS. 1. Open meeting Page 2. Action approving agenda, with any amendments 3. Action approving minutes: March 22, 2005 1-4 4. Report on Indian Knoll Manor, with any necessary actions 5-17 5. Tour of Indian Knoll Manor 6. Refreshments 7. Adjourn MOUND HOUSING AND REDEVELOPMENT AUTHORITY MARCH 22, 2005 The Housing and Redevelopment Authority of and for the City of Mound, Minnesota, met in regular session on Tuesday, March 22, 2005, at 6:30 p.m. in the council chambers of city hall. Members Present: Chairperson Pat Meisel; Commissioners John Beise, Mike Specht, Bob Brown and David Osmek. Others Present: City Attorney John Dean, Executive Director Kandis Hanson, City Clerk Bonnie Ritter, Community Development Director Sarah Smith, Cindy Reiter, Chuck Alcon Tom Stokes, Gino Businaro, Loren Gordon, David Newman, Jerry Paquin, Jim Cassedy, Gay Reiter. 1. Open Meeting Chair Meisel called the meeting to order at 6:30 p.m. 2. Approve Agenda MOTION by Beise, seconded by Osmek to approve the agenda. All voted in favor. Motion carried. 3. Approve Minutes MOTION by Brown, seconded by Osmek to approve the minutes of March 8, 2005. All voted in favor. Motion carried. 4. Indian Knoll Manor Cindy Reiter of Westport Properties presented her report as follows: A. February Bank Statement B. January Income Statement C. Review of Bills: MOTION by Osmek, seconded by Brown to approve the bills as presented for February, 2005. All voted in favor. Motion carried. D. Managers Report: Plans are in progress to improve the parking lot, new furnishing are being looked at for the community room, and there are currently no vacancies. Chair Meisel stepped down as Chair and turned the meeting over to Acting Chair Osmek. 5. Consideration/Action on Contract for Private Redevelopment with Mound Harbor Renaissance Development~ LLC. John Dean presented the proposed contract and reviewed the contents, along with the history up to this point. Osmek stated that at an earlier meeting the three phases of the project were discussed and it was decided that it was in everyone's best interest, because of grant money 1 1 HRA Minutes - March 22, 2005 involved, to do Lost Lake as Phase I, Auditors Road as Phase II, and Lake Langdon as Phase II1. The rest of the council agreed with this phasing and the proposed contract will be amended to read as such before signing. It was noted that in the proposed contract it was up to the developer to elect in what order to do Auditors Road and Lake Lapgdon. John Dean reviewed other main topics of the agreement, being the land acquisition process, the clean-up of the city dump site. Specht questioned the arbitration clause of the proposed contract and Dean informed him that this will be amended and will not appear in the final agreement. Osmek stated that having a hotel in the Auditors Road phase is a priority. It doesn't have to be as large as the one previously proposed, but strongly believes that it needs to be a component of the development. Dean stated that it is the position of the developer that if a hotel that is feasible is presented, it will be given consideration. MOTION by Specht, seconded by Beise to adopt the following resolution. The following voted in favor: Brown, Specht, Beise and Osmek. The following voted against: None. Meisel abstained from voting. Motion carried. RESOLUTION NO. 05-04H: RESOLUTION APPROVING CONTRACT FOR PRIVATE REDEVELOPMENT WITH MOUND HARBOR RENAISSANCE DEVELOPMENT, LLC. Chair Meisei returned to preside over the meeting. 6. Recess Meetinq MOTION by Osmek, seconded by Beise to recess at 7:26 p.m. All voted in favor. Motion carried. 7. Concurrent City Council and HRA Meetinqs MOTION by Specht, seconded by Beise to reconvene the Housing and Redevelopment Authority meeting at 7:46 p.m., to run concurrently with the City Council meeting already in session. 8. Public Hearing on Redevelopment Plan with Mound Harbor Renaissance A. Consideration/Action on Resolution Adoptin.q a Redevelopment Plan for the Mound Harbor Project Area (followed by HRA action on same matter). John Dean gave the history of this project, stating that the Planning Commission has determined that the proposed redevelopment plan is consistent with the City's Comprehensive Plan, and has passed a resolution to that affect. Loren Gordon presented the redevelopment plan for the Mound Harbor Project area, and explained that an assessment of the tax increment area has been done. The full report of findings is available at City Hall. 2 Acting Mayor Osmek opened the public hearing at 7:55p.m, and upon, hearing no comment, closed same hearing at 7:56 p.m. .. :'. , John Dean explained some changes to the proposed resolution :in the packet and will amend this resolution before execution, He stated that if the Council adopts the proposed resolution they will be making the. following findings:(,1)~ the land in the.project area would not be made available for redevelopment without the financial aid to be sought?(2) the redevelopment ptamfor the project, area will affordmaXimum opportunity, consistent with:theneeds ~,o~fthe locality as a whole, for the"redevelopment of'th e area by private enterprise; ,(3) the ;redevelopment plan conforms toageneralplan~for:he development of the/ocal,ity :as a.whole; and.(4) based on the info:rmation, contained in ExhibitA and information presented at'the~hearing and otherwise:known to the ;:Council; the Project Area is blighted within the meaning of MinnesOta Statutes, Sections 469.0:02 and 469.028. MOTION ..'by Beise, seconded by,Specht,to adopt the following .resolution as amended. The following persons voted in..favor: Brown, SrpeCht, Beise and Osmek. The following voted against: None. Meisel abstained from voting. Motion carried. PLAN FOR TH E ~MOUND HARBOR:PROJECT A'REA;~ John Dean explained thatthe accompanying HRA resolution should:be considered .at this time, and has the same revisions and findings as the previous Council resolution. MOTION by Brown, seconded by'Specht te adopt.the following ms°luti'0nas amended. The. following:persons voted in favor:-,Brewn, Specht, Beise and-Osmek. The.following voted against: None. Meisel abstained-from voting. Motion carried. HRA RESOLUTION NO. 05-05H: RESOLUTION APPROVING THE REDEVELOPMENT PALN FOR THE MOUND HARBOR PROJECT AREA, B. Consideration/Action on Resolution Modifying the Tax Increment Financing Plan for Tax Increment Financing District No. 1-2 by eliminatinq Certain Parcels from Tax Increment ~inan~in§.Dis~.r.!c~_..No:. ~;2i and Establishinq the Mound Harbor Tax Increment Financing District within theMound:Harbor Proiect Area, and Adopting a Tax Increment Plan Therefore (Followed by HRA Action on the same matter) Rebecca Kurtz-of Ehlers & Associates presented the Tax increment Financing Dist¢ct Overview, reviewed the 3,4, and 5 year activity rules, followed by the reasons and facts supporting the findings for the adoption of the Tax Increment Financing Plan for the Mound Harbor Tax Increment Financing District. Mike Fischer of LHB, Inc., presented the report of Inspection Procedures and Results for Determining Qualification of a Tax Increment Financing District as a Redevelopment District. The full report is available in the office of the City Clerk. 3 Acting Mayor Osmek opened the pUblic.hearing at 8:26 p.m. and upon hearing n0 public' comment, closed the hearing at 8:27 p.m. MOTION by Beise, seconded by SPecht to adopt the following resOlutiOn as amended. The following persons voted in favor: Bi-oWn, Specht;' Boise and Osmek, ~'The fOllOwing voted against:~ None. Meisel abstained from voting. Motion carried. · RESOLU~ION.NO~ 05~4: ::RESOLUTION ESTABLISHING :~HE.'MOUND HARBOR TAX INCREMENT FINANCING DISTRICT WITHINTH E MOU'ND HARBOR REDEVELOPMENT :PROJECT'AREA. AND ~DOP~iNG ;A.TAX INCREMENT' FINANCING PLAN THEREFORE :AND MODIFYING THE TAX INCREMENT FINANC. INGPLAN FOR'~/:NCREMENT DISTRICT NO~l,2 BY ELIMINATING CERTAIN PARCELS THEREFROM, .~' MOTION by Brown, seconded by Beise to adopt the following HRA resolution. The fOllOWing persons voted in ~favor:B~o'wni Specht;:.Beise amd Osm'ek~:. Th:e foll6wing voted against: None. Meisel abstained.~from voting'. Moti°n carried.~ · HRA RESOLUTION NO. 05-06H: RESOLUTION MODIFYING THE TAX INCREMENT FINANCING PLAN .FOR 'T~ iN~REMEN~. DISTR|CT'.NO~ :~ -2 BY"~H E E~I:MiNA~ION' OF PARCELS FROM TAX INCREM.ENT Fi'NAN~iNGDi$¥R:IC~T;NO~'?~:;,2:;~ ~ ESTABLISHING THE MOUND HARBOR TAX INCREMENT FINANCING DISTRICT THEREIN ANDA~DOPTING A TAX, INCREMENT FINANCING P:EAN THEREFOR,' 9. Adjourn HRA MeetinR MOTION by BeiSe~ seconded by'Brown to adjourn the HRA meeting:: The followirig:~ persons Voted ;ih favor:: Brbwn, Specht, Beise andOsmek,~ The following.voted:against: None. Meisel abstained from voting. Motion.carried: ..':: ' Attest:Bonnie Ritter, City Clerk 4 MOUND HRA INDIAN KNOLL APARTMENTS PROPERTY MANAGER'S MONTHLY REPORT April 26, 2005 Manager's Agenda · March Bank Statement · February Income Statement · Review of bills paid · Managers Report Resident Manager Update · Resident Council Report -5- WELLS' FARGO BANK., NiA. NICOLLET MAU.'.OFFtCE POST OFFICE BO~ B MiNNEAPOLiS, MN 554.79: I,,M:,,l,h.,ll.,ll,.I.h,.IMl-,,hll,,,M.h,,lMl. I HOUS:]:NG & REDEVELOPH'ENT AUTHORTTY SPE':C ]:A L ACCOUNT C,:I:'T¥-OF HOUND FINANCE D lt..RE£ T.O R 5;,3':4.1 'MAYW-0OD: RD. MOUND MN" 55564.-'I627 Page I of 4 532: Account Number: Statement End Date: Number of Enclosures: If you have any questions about this statement or your-acCounts, call: 800-225,5935 (I'800-CALL-WELLS). Your Accounts at a Glance Account Beginning Deposits/ Withdrawals/ Ending Type Balance Credits Debits Balance Basic B usin ess Checking with Interest 17,534.82 22,357.32 - 22,259~ 10 17,633.04 000-00335,30 News from Wells Fargo For Our Check.Return .Customers: Enjoy the convenience of having your checks available at a glance, in one easy to read statement! in June, you'll begin to receive our new Wells Fargo Premium Statement with Check images service. T...his new service provides the printed images of both' the front and back of canceled checks, four checks per statement page, sorted in sequential order by check number. All pertinent check, information will be captured for your records, and proof of payment. Wefts Fargo will:, securely retain the check images 'for seven years (or longer as required by applicable law) from the date each:check is paid~ against your account., yOur account will be a utomatica'll.y enrolled:in*this new service, option and will replace' your current' check return service. The price, for this new ser.vice will'be: the.same as you currentJy pay' for your* Checks Returned: with Paper Statement service, A monthlY lee'will be asseSSed even if no checks, are paid against-' your account; Also, you can now view~ save.and print images of the front and back of your canceled checks using Wells Fargo Online Banking service. Talk to your banker or call:the National Business Banking Center at 1-800-225-5935 for more details. Basic' Business Checking-with Interest 000-0033530~ Housing & Redevelopment Authority Special. Account Feb 28 Beginning Balance Mar 31. Ending Balance 17,534.82 17,633.04 Continued' on next page -6- Housing & Redevelopment Authority SpecialAccount Deposits and Credits Page 2 of 4 Account Number: Statement End Date: 000-O033530 03/31/05 Effective Posted Date Date Transaction Detail Mar 01 Deposit Mar 0I Deposit Mar 02 Deposit Mar 03 Deposit Mar 03 Deposit ' Mar 07 Hud Treas 303 Misc Pay 030705 410962421860103 RMT*VV*099078082 ........ hud Operating Fund MN0740 Mar 08 Deposit Mar 14 Deposit Mar 14 Deposit Mar 24 Hud Treas 303 Misc Pay 032405 410962421860103 RMT*VV*O92218835 .... ****hud Capital Fund Program Mar 25 Deposit Mar 31 Interest Payment ~ Amount "-./~77. 75" 6~04~50 5, 783~. 2.~2 Withdrawals and Debits ............................................................................................ Effective Posted Date Date Transaction Detail Amount Mar 07 Stop Payment Fee 1 ~7~ -29.00 Checks Paid ........ Check # Date Amount Check # Date Amount 1838 Mar 01 62.00 / 1870 Mar 14 1,204.72 1839 Mar 03 460.15/ 1871 Mar 14 2,477.00 1841 * Mar 01 206.00" 1872 Mar 16 47.34 1846 * Mar 02 19.16,' 1873 Mar 16 80.00 1847 Mar 01 133.13~' 1874 Mar 17 80.47 1852 * Mar 02 228.22 / 1875 Mar 14 181.29 1853 Mar 01 62.50 ~ 1876 Mar 16 23.44 1854 Mar 01 83.91 J 1877 Mar 18 58.45 1856 * Mar 02 47.50 J 1878 Mar 17 72.92 1859 * Mar 01 601.42 ~- 1879 Mar 16 34.50 1862 * Mar 01 437.92" 1880 Mar 17 93.46 1863 Mar 07 152.47-" 1881 Mar 28 95.77 1864 Mar 15 850.00 -' 1882 Mar 31 45. 49 ~ 1865 Mar 16 413.05/ 1885 * Mar 15 3,676.28~ 1866 Mar- Og 4,118.40 / 1886 Mar 22 45.32 1867 Mar 17 62.00 ~' 1888 * Mar 28 4,285.83 1868 Mar 21 503.87~ 1890 * Mar 30 1,183.12 1869 Mar 15 103.00/ * Gap in Check Sequence Daily Balance Summary Date Balance Date Balance Feb 28 17,534.82 Mar 17 17', 524.07 Mar 01 16,425.69 Mar 18 17,465.62 Mar 02 19,938.81 Mar 21 16,961.75' Mar 03 22,140.66 Mar 22 16, 916.43 Mar 07 28,004.69 Mar 24 22,699.83 Mar 08 30,589.69 Mar 25 23,240.83 Mar 09 26,471.29 Mar 28 18,859.23 Mar 14 23,060~53 Mar 30 17, 676.11 Mar 15 18,431.25 Mar 31 17,633.04 Mar 16 17,832.92 A verag e Collected Balance 21,163.41 Continued on next page -7- H:ousi,3g.: &; R edevelopm en t Authority Special Account Page 3 o£ 4 534 Account Number: 000-0033530 Statement End'. Date:' 03/31/0,~ Interest. Summary- ...................................................................................................................... . .~:A'~n:Ual Percentage Yield Earned This Period O. 13% , lnter~st Earned' During. This Period 2.42 "~¥'ear to= Date Interest andBonuses Paid 5.10 Total Interest and Bonuses Earned In 2004 16.70 E'O~. ~.fir. !Ote~est 'L~Oking. for-smart'tax payment strategies? using home equity financing is a smart solution to cover tax payments and other major exPenses. And the interest you. pay is potentially tax-deductible (contact your tax advisor). That can make a big difference at tax. time this year bnd 'beyOnd. It,s another way to leverage one of your greatest assets - your home. Totearn more and to apply, talk to a Wells Fargo banker, call 1'800-932-6736, or visit weilsfargospecial, com and enter keyword:: HE Strategies .' ,T. han!(~'you for-banking with Wells Fargo. -8- Summary Statement March 2005 For more information, call MBIA Asset Management at (800)395-5505 Fax: (800)765-7600 Mound Housing and Redevelopment Auth. Account Number:. MN-01-0258-2001 Account Name: GENERAL FUND Beginning Contributions Withdrawals Income Average Daily Month End Balance E~rned Balance Balance This Month $419,103.27 $0.00 $0.00 '$834.63 $419,527.05 $419,937.90 Fiscal YTD Ending 12/31/0: $417,708.28 $0.00 $0.00 $2,229.62 $418,784.43 $419,937.90 Account Number:. MN-01-0258-2002 Account Name: MOUND HUD Beginning Contributions Withdrawals Income Average Daily Month End Balance Earned Balance Balance This Month $11,594.67 $0.00 $0.00 $23.09 $11,606.38 $11,617.76 Fiscal YTD Endin~ 12/31/05 $11,556.05 $0.00 $0.00 $61.71 $11,585.83 $11,617.76 Total of aH accounts Beginning Contributions Withdrawals Income Average Daily Month End Balance Earned Balance Balance This Month $430,697.94! $0.00 $0.00 $857.72 ! $431,133.43 ~ $431,555.66 Fiscal YTD Ending $429,264.33 $0.00 $0.00 $2,291.33 $430,370.26 $431,555.66 March 2005 Page: 1 -9- Statement March 2005 For more information, call MBIA Asset Management at (800)395-5505 Fax: (800)765-7600 Mound Housing and Redevelopment Auth. Account Number: MN-01-0258-200! Account Name: GENERAL FUND Date Description Contributions and Withdrawals Balance Transaction ,, Income Earned Number 03/01/05 Begtnning'Balaace $419,103.27 Income Earned for the month $834.63 03/31/05 Ending Balance $419,937.90 Summary Beginning Balance Contributions Withdrawals Income Earned Month End Balance Average Daily Rates Average Annualized Yield Mnrch 2005 Fiscal YTD Ending (12/31/05) $419,103.27 $0.00 $0.00 $834.63 $419,937.90 2.34% 2.37% $417,708.28 $o.oo $o.oo $2,229.62 $419,937.90 2.16% 2.18% March 2005 -10- Page: 2 A4BIA Mound Housing and Redevelopment Auth. Account Number: MN-01-0258-2002 Account Name: MOUND HUD Statement March 2005 For more information, call MBIA Asset Management at (800)395-5505 Fax: (800)765-7600 Date Description Contributions and Withdrawals Balance Transaction ' Income Earned Number 03/01/05 Beginning,Balance $11,594.67 Income Earned for the month $23.09 03/31/05 Ending Balance $11,617.76 Summary Beginning Balance Contributions Withdrawals Income Earned Month End Balance Average Daily Rates Average Annualized Yield March 2005 $11,594.67 $o.oo $23.09 $11,617.76 2.34% 2.37% Fiscal YTD Ending (12/31/05) $11,556.05 $o.oo $0.00 $61.71 $11,617.76 2.16% 2.18% March 2005 -11- Page: 3 Mound, MN Public Housin_¢l 2020 Commerce Boulevard Mound, MN 55364 As OF February 28, 2005 BALANCE SHEET ASSETS 111101 - 111700- 112200- 112900- 116200- 1211O0- 140002- 140003- 140005- 140007- 140008- 140009- 140016- 140017- 140055- 140095- 1506001- Cash General Fund Petty Cash Tenants Accounts Receivable City of Mound General Fund Investments Prepaid Insurance Development Cost Development Cost Contra Accumlated Depreciation Buildings Furniture,Equipment,Machines-Dwelling Fumiture,Equipment, Machines-Admin Land Improvements Building Improvements Mod Cost Complete Mod Cost Uncomplete Mod Cost Uncomplete Contra TOTAL ASSETS' 10,440.08 100.00 215.79 910.11 '11,509.58 5,395.32 1,505,904.64 (2,107,638.55) (1,776,855.74) 1,642,970.53 33,551.61 17;493.01 11,108.20 565,942.47 601,733.91 82,016.23 (16,321.0S) 588.476.11 211499- 212900- 213700- 213701 - 280200- SURPLUS AND LIABILITIES 211400 - Tenants Secudty Deposits 211410 -Tenants Pet Deposits Secudty Deposit Interest Notes Pay Levy Fund Payment in Lieu of Taxes PILOT Current Year HUD PHA Contribution 280600 - Retained Eamings Current Year Net Activity TOTAL SURPLUS AND LIABILITIES (8,768.00) (2,700.00) (684.79) (70,000.00) (3,897.48) (1,514.59) (308,629.59) (174,117.62) (18,164.04) (588.476.11~ 1 IF Mound, MN Public Housin_~ 2020 Commerce Boulevard Mound, MN 55364 As Of Februarv 28, 2005 Statement of Operating Receipts & Expenditures 311000 - Dwelling Rental Total Rental Income 361000- Investment Interest/General Funds 369000 - Other Income 802000 - Operating Subsidy Total Other Operating Receipts Total Receipts Expenses 411200 - Manager Payroll 413000 - Legal Expense i, 414000 - Staff Training 415000 - Travel 417000 - Accounting Fees 417100- Auditing Fees 419000- Sundry-Administrative 419500 - Outside Management Total Administrative Expense 422000 - Tenant Services Total Tenant Services Expense 431000- Water 432000- Electricity 433000- Gas 439000 - Other Utility Expense 439100- Garbage Removal Total Utilities Expense 440000 - Maintenance & Operation 441000 - Maintenance Labor 442000- Materials 443000 - Contract Costs 448000 - Protective Services Total Maintenance Expense YTD Over Current YTD Prorated (Under) Activity Balance Bud.qet Budget (10,253.79) (52,205.91) (53,579.15) (1,373.24) (10,253.79) (52,205.91) (53,579.15) 1,373.24 (1.77) (5.02) (166.65) (161.63) (177.75) (2,181.90) (1,150.00) 1,031.90 (6,045.50) (30,227.40) (30,227.50) (0.10) (6,225.02) (32,414.32) (31,544.15) (870.17) (16,478.81) (84,620.23) (85,123.30) 503.07 3,166.66 15,200.30 16,354.15 (1,153.85) 0.00 0.00 291.65 (291.65) 0.00 0.00 583.35 (583.35) 0.00 160.66 333.35 (172.69) 253.92 2,036.60 1,479.15 557.45 5,000.00 7,000. O0 2,291.65 4,708.35 1,885.36 5,759.37 8,783.35 (3,023.98) 850.00 4,250.00 0.00 4,250.00 11,155.94 34,406.93 30,116.65 4,290.28 0.00 0.00 833.35 (833.35) 0.00 0.00 833.35 (833.35) 160.43 481.83 1,666.65 (1,184.82) 1,110.28 4,528.57 7,375.00 (2,846.43) 3,046.00 10,497.97 7,875.00 2,622.97 1,166.95 4,554.26 4,333.35 220.91 460.15 1,851.58 2,250.00 (398.42) 5,943.81 21,914.21 23,500.00 (1,585.79) 0.00 2,376.00 20,783.35 (18,407.35) 3,912.00 15,623.00 0.00 15,623.00 654.73 3,212.58 3,333.35 (120.77) 724.32 4,028.65 2,800.00 1,228.65 150.00 150.00 291.65 /141.65) 5,441.05 25,390.23 27,208.35 (1,818.12) 2 Mound, MN Public Housin~ 2020 Commerce Boulevard Mound, MN 55364 As Of February 28, 2005 Statement of Operating Receipts & Expenditures 451000- Insurance 452000 - Pmts In Lieu Of Taxes 454000'- Employee Benefit Contributions 457000 - Collection Loss Total General Expense YTD Over Current YTD Prorated (Under) Activity Balance Budget Budget 1,084.88 4,351.08 4,341.65 9.43 215.50 1,514.59 3,008.35 (1,493.76) 1,314.18 6,954.35 4,925.00 2,029.35 0.00 773.05 0.00 773.05 2,614.56 137593.07 12,275.00 1~318.07 Total Routine Expense 601000 - Pdor Year Adjustments-Cash Total Nonroutine Expense Total Expense 25,155.36 (1,096.73) (1,096.73) 24,058.63 95,304.44 93,933.35 1,371.09 1,361.30 0.00 1,361.30 1 ~361.30 0.00 17361.30 · 96~665.74 93,933.35 27732.39 3 INDIA/q KNOLL MANOR 2020 CO~94ERCE BLVD MOUND, MN 55364 PAID II, VOICES SORTED BY VENDOR FROM March 1, 2005 THROUGH March 31, 2005 April 18, 2005 PAGE: 1 VENDOR VENDOR CHECK ACCTG CHECK M INVOICE Ii, VOICE CUMULATIVE ~ER NAME DATE DATE NUMBER S ~ER AX4OLrNT TOTAL 3 PROGPJ~MMED MANAGEMENT COP, P 03-10-2005 M~lR2005 1878 S 70325124 72.92 TOT~J~ PAID 72.92 72.92 5 WESTPORT PROPERTIES INC 03-10-2005 MJlR2005 1882 S 02/05 POSTAGE 15.49 6 WESTPORT PROPERTIES INC 03-10-2005 5SIR2005 1882 S 03/05 I~EC~JR/~ING 30.00 TOTAL PAID 45.49 118.41 7 WESTPORT PROPERTIES PAYROLL 03-15-2005 MAR2005 1885 S 03/15/05 PAY 3676.28 7 WESTPORT PROPERTIES PAYROLL 03-22-2005 MAR2005 1888 S 03/31/05 PAY 4285.83 TOTAL PAID 7962.11 8080.52 20 XCEL EN]~RGY 03-25-2005 MAR2005 1896 S 51-6383341-8 MAR 1119.44 TOTAL PAID 1119.44 9199.96 34 HOME DEPOT CREDIT SERV-MOUND 03-10-2005 MJlR2005 1874 S 603532200649999~ 80.47 TOTAL PAID 80.47 9280.43 52 RETAIL SERVICES/M-ENAR/DS 52 RETAIL SERVICES/MENARDS 52 RETAIL SERVICES/MENARDS 52 RETAIL SERVICES/MENARDS 03-10-2005 MAR2005 1880 S 302402105096182 48.98 03-10-2005 MAR2005 1880 S 302403405099461 4.39 03-10-2005 M~R2005 1880 S 302403905090729 38.83 03-10-2005 M3%R2005 1880 S 02/19/05 FIN CHRG 1.26 TOTAL PAID 93.46 9373.89 54 RENTAL RESEARCH SERVICES, INC.03-10-2005 MAR2005 1879 S Y87232 FEB 34.50 TOT/IL PAID 34.50 9408.39 56 CenterPoint Energy 03-10-2005 MAR2005 1871 S 543-002-050-900 MA/{ 525.00 56 CenterPoint Energy 03-10-2005 ~U~R2005 1871 S 543-002-931-401 MAR 1952.00 TOTAL PAID 2477.00 11885.39 87 Office Depot 03-25-2005 M311{2005 1894 S 278543093-001 78.83 TOTAJ~ PAID 78.83 11964.22 93 BFI WASTE SERVICES 03-10~2005 MAR2005 1868 S 1020011133560505200 503.87 TOTAL PAID 503.87 12468.09 -15- INDIAN KNOLL MANOR 2020 COMMERCE BLVD MOUND, MN 55364 PAID II, VOICES SORTED BY VENDOR FROM March 1, 2005 THROUGH March 31, 2005 April 18, 200- PAGE; VENDOR VENDOR CHECK ACCTG CHECK M INVOICE IAIVOICE cuvrOLATIVE NUMBER NAME DATE DATE NUMBER S NUMBER AMOUI~T TOTAL 95 B SYLVESTER, LLC 03-10-2005 MAR2005 1867 S MTCS MAR05 62.00 TOTAL PAID 62.00 12530.09 99 MINNESOTA ELEVATOR INC 03-10-2005 MAR2005 1875 S 68605 181.29 TOTAL PAID 181.29 12711.38 100 FRONTIER 03-25~2005 MAR2005 1891 S 95247250780716712 428.70 TOTAL PAID 428.70 13140.08 101 C NA~BER and ASSOCIATES 03-10-2005 MAR2005 1869 S 30994 103.00 TOTAL PAID 103.00 13243.08 102 MOUND TRUE VALUE HARDW~MRE 03-10-2005 MAR2005 1876 S 2786 9.37 102 MOUND TRUE VA~LUE H/I~JDWA/~E 03-10-2005 M3%R2005 1876 S 2819 3.49 102 MOUND TRUE VALUE HARDWA~RE 03-10-2005 MAR2005 1876 S 2829 6.09 102 MOUi~D TRUE VALUE HAR/DWA/RE 03-10-2005 AR2005 1876 S 3045 4.49 TOTAL PAID 23.44 13266.52 104 CITY OF MOUND 03-25-2005 MAR2005 1890 S 9442343015018 MAR 1183.12 104 CITY OF MOD-N-D 03-10-2005 MAR2005 1870 S 4-42343015018 FEB05 1204.72 TOT/LL PAID 2387.84 15654.36 105 IKON OFFICE SOLUTIONS 03-25-2005 MAR2005 1892 S 23648892 47.52 TOTAL PAID 47.52 15701.88 106 TIiERSA WALLUM 03-10-2005 MAR2005 1881 S 03/05 PETTY CASH 95.77 TOTAL PAID 95.77 15797.65 111 Cingular/AT&T Wireless 03-10-2005 M;kR2005 1872 S 13225982 47.34 TOTAL PAID 47.34 15844.99 128 On Time Delivery Service 03-10-2005 MAR2005 1877 S. A1250630 30.45 128 On Time Delivery Service 03-10-2005 MAR2005 1877 S A2850726 28.00 128 On Time Delivery Service 03-25-2005 MAR2005 1895 S 02280505356 62.08 TOTAL PAID 120.53 15965.52 -16- INDIAN KNOLL MANOR PAID Ii, VOICES SORTED BY VENDOR 2020 COMMERCE BLVD FROM March 1, 2005 THROUGH March 31, 2005 MOUND, ~N 55364 April 18, 2005 PAGE: 3 VENDOR VENDOR CHECK ACCTG CHECK M INVOICE INVOICE CUMULATIVE NUMBER NAME DATE DATE N-JMBER S NUMBER AMOUNT TOTAL 137 Karen Rondeau 00-00-0000 SEP2004 1691 S 2020/311 RET S/D 383.28 TOTAL PAID 383.28 16348.80 144 Concept Landscaping 03-10-2005 MAR2005 1873 S 4379 80.00 TOTAL PAID 80.00 16428.80 157 Carol Pollock 03-02-2005 MAR2005 1865 S 2020/103 RET S/D 413.05 TOTAL PAID 413.05 16841.85 205 HENNEPIN COUNTY TREASURER 03-22-2005 MAR2005 1887 S Lieu of Tax 2004 3371.25 TOTAL PAID 3371.25 20213.10 206 LEE ANDERSON 03-25-2005 MAR2005 1893 S 2020/111 RET S/D 62.83 TOTAL PAID 62 . 83 20275.93 ~;;~ .... ;~;Li-;;; .................. ;~i~ii;;;;--~;;;; .......... i;;~--; ................. ;~i;~ ......... i;7~; .................. TOTAL PAID 45.32 20321.25 90004 ALL SAFE, INC. 03-25-2005 MAR2005 1889 S 65017 103.49 TOTAL PAID 103.49 20424.74 -17- THIS PAGE IS INTENTIONALLY LEFT BLANK -18-