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Home My WebLink About06-17-2024 Agenda Packet AGENDA CITY COUNCIL MEETING June 17, 2024 - 6:00 PM City Hall Council Chambers Members of the public can participate in person at Lakeville City Hall, 20195 Holyoke Avenue. Members of the public may join the meeting via Teams Meeting, Meeting ID: 258 634 508 367 or by calling Toll Number 1-323-433-2142; Conference ID: 665 077 35#. The mayor will allow for public comments and questions at the appropriate time. The City Council is provided background information for agenda items in advance by staff and appointed commissions, committees, and boards. Decisions are based on this information, as well as City policy, practices, input from constituents, and a council member’s personal judgment. 1. Call to order, moment of silence and flag pledge 2. Roll Call 3. Citizen Comments 4. Additional agenda information 5. Presentations/Introductions a. DARTS 50th Anniversary Proclamation 6. Consent Agenda a. Check Register Summary b. Minutes of the 06/03/2024 City Council Meeting c. Minutes of the 05/28/2024 Work Session Meeting d. Grant Agreement with the Metropolitan Council for a Water Efficiency Rebate Program e. Resolution Accepting Lakeville Public Safety Foundation Donation to the Lakeville Police Department for Community Engagement f. Agreement for the 2024/25 AmeriCorps Climate Impact Corps member g. Resolution Accepting Donation to the Lakeville Parks & Recreation Department in the 1st and 2nd Quarters of 2024 h. Supplemental Agreement for Professional Services with WSB for Environmental Compliance Inspections for 2024 City Projects i. Temporary on-sale liquor license to Lakeville Rotary for Taste of Lakeville j. Resolution Approving Charitable Gambling for Rosemount VFW Post 9433 k. Agreement with Killmer Electric Co., LLC. for Grand Prairie Park (formerly Page 1 of 532 City Council Meeting Agenda June 17, 2024 Page 2 Avonlea Community Park) Site Lighting Installation: CIP #24-20 l. Interstate Second Addition Development Contract and Stormwater Maintenance Agreement m. Agreement with EMI Audio for the Purchase and Installation of a Sound System at the Heritage Center n. Brookshire 3rd Addition Final Plat o. Ritter Meadows Amendment to Development Contract 7. Action Items a. Kenyon Green Preliminary Plat 8. Unfinished Business 9. New Business a. Resolution Authorizing Issuance, Awarding Sale, Prescribing the Form and Details and Providing for the Payment of $21,530,000 General Obligation Bonds, Series 2024A b. Acknowledge Receipt of Lakeville Annual Comprehensive Financial Report for the Year Ended December 31, 2023 10. Announcements a. Next Work Session June 24, 2024 b. Next Regular City Council Meeting July 1, 2024 11. Adjourn Page 2 of 532 Date: 6/17/2024 Check Register Summary Proposed Action Staff recommends adoption of the following motion: Move to approve the Check Register Summary. Overview A summary of the claims paid during the period 05/17/2024 – 06/05/2024 is as follows: Checks 322747-322875 $1,179,372.65 ACH 16925-17063 $1,116,018.83 Electronic Funds Transfer (EFT) 20240280- 20240300 $1,897,351.83 Total $4,192,743.31 The City Council will receive a list of expenditures paid (claims detail) and it is available to the public upon request. Supporting Information 1. 6.4.24CKSUM 2. Check Register 6.4.24 for June 17.2024 Council Mtg Financial Impact: $4,192,743.31 Budgeted: Yes Source: Various Envision Lakeville Community Values: Good Value for Public Services Report Completed by: Cheri Donovan, Assistant Finance Director Page 3 of 532 6/4/2024City of Lakeville 13:28:26R55CKS2LOGIS100 1Page -Council Check SummaryNote: Payment amount may not reflect the actual amount due to data sequencing and/or data selection. 6/5/20245/17/2024 - Company Amount 706,923.2001000GENERAL FUND 19,000.0302000COMMUNICATIONS FUND 109,762.1804000BUILDING FUND 111,208.2704100EQUIPMENT FUND 902.9404125TECHNOLOGY FUND 24,982.9004161ARENAS CAPITAL IMPROVEMENTS 1,625.0004200PARK DEDICATION FUND 32,050.0004500PARK IMPROVEMENT FUND 169,018.90047002022 C PARK BONDS 19,313.26047102023 A PARK BONDS 6,243.2305200STATE AID CONSTRUCTION FUND 18,984.6105300PAVEMENT MANAGEMENT FUND 4,581.3005500WATER TRUNK FUND 4,758.210658622-03 210TH ST LKVL BLVD RECON 13,086.430658922-24 AIRLAKE 70 IMPROVEMENT 16,894.7707450ENVIRONMENTAL RESOURCES FUND 19,420.8407550UTILITY FISCAL ADMINISTRATION 63,659.3007575STREET LIGHTING FUND 175,770.6407600WATER FUND 6,488.9207700SEWER FUND 929,227.8807800LIQUOR FUND 4,157.0007900MUNICIPAL RESERVES FUND 72,428.3408000ESCROW FUND - DEVELOPERS/BUILD 383,261.2208950DAKOTA 911 - OPERATING FUND 45,817.1108970LAKEVILLE ARENAS - OPERATIONS 1,233,176.8309800PAYROLL CLEARING FUND Report Totals 4,192,743.31 Page 4 of 532 MINUTES CITY COUNCIL MEETING June 3, 2024 - 6:00 PM City Hall Council Chambers 1.Call to order, moment of silence and flag pledge Mayor Hellier called the meeting to order at 6:00 P.M. 2.Roll Call Members Present: Mayor Hellier, Council Members Bermel, Lee, Volk, Wolter Staff Present: Justin Miller, City Administrator; Andrea McDowell Poehler, City Attorney; Julie Stahl, Finance Director; John Hennen, Parks & Recreation Director; Allyn Kuennen, Assistant City Administrator; Ann Orlofsky, City Clerk; Brad Paulson, Police Chief; Paul Oehme, Public Works Director 3.Citizen Comments George Hammer, 9025 210th Street West, requested the City Council consider a disposal site for diseased trees that are removed. Andrew Boehm, 20206 Ipava Ave, spoke to the City Council about the use of fluoride in the Lakeville's water and asked if it could be removed. 4.Additional agenda information None 5.Presentations/Introductions a.Park and Recreation Quarterly Report Park and Recreation Director John Hennen presented the Park and Recreation Quarterly Report. Mayor Helier recognized Director Hennen for his 35 years of service. Director Hennen will retire on Friday, June 7th. b.Annual Arenas Report and Budget Presentation Arenas Manager Joe Bergquist presented the Annual Arenas Report and Budget. 6.Consent Agenda Motion was made by Volk, seconded by Wolter, to remove 6(h) 2024 Liquor Renewal, for further discussion and approve the following consent agenda as amended. Voice vote was taken on the motion. Ayes - Hellier, Bermel, Lee, Volk, Wolter Page 5 of 532 City Council Meeting Minutes June 3, 2024 Page 2 a.Check Register Summary b.Minutes of the 05/20/2024 City Council Meeting c.Resolution Authorizing Temporary Closing of City Streets for Pan-O-Prog Events d.Temporary On-Sale Liquor License to Lakeville Lions for Pan-O-Prog Events e.Extension of on-sale liquor license premise at B-52's for Pan-O-Prog events f.Extension of on-sale liquor license premise at Babe's Sportsbar and Grill for Pan-O-Prog events g.Acknowledge Receipt of Lakeville Arenas 2025 Budget h.Renewal of Liquor Licenses 2024 i.Contract for Installation of Downtown Parking Lot Lighting j.No Parking Resolution for Gateway Drive k.Agreement with Braun Intertec for Special Inspection and Testing Services at Grand Prairie Park (formerly Avonlea Community Park): CIP #24-20 l.Joint Powers Agreement with Dakota County for Milling, Bituminous Overlay, Drainage Improvements and City Utility Repairs along County State Aid Highways 5 and 70 m.Approval of the ALF Ambulance 2025 Budget n.Preserve of Lakeville Third Addition Final Plat o.Resolution Approving Charitable Gambling Lakeville Lions 7.Action Items a.Renewal of Liquor Licenses 2024 Motion was made by Bermel, seconded by Lee, to grant on-sale liquor, club liquor, wine, 3.2% malt liquor, on-sale brewpub, off-sale brewpub, taproom, and small brewer off-sale malt liquor licenses effective July 1, 2024, through June 30, 2025, for entities and licenses identified in the staff report, subject to providing the required certificate of insurance. Roll call was taken on the motion. Ayes - Hellier, Bermel, Lee, Volk, Abstain: Wolter abstained because he is employed by one of the entities. b.Public Hearing and Resolution for Wellhead Protection Plan City Engineer Paul Oehme provided the background information for the Wellhead Protection Plan. No additional comments were received since the April 15th council meeting. Mayor Hellier opened the public hearing at 6:40 p.m. There were no comments from the public. Motion was made by Wolter, seconded by Lee, to close the public hearing at 6:41 p.m. Voice vote was taken on the motion. Ayes - Hellier, Bermel, Lee, Volk, Wolter Page 6 of 532 City Council Meeting Minutes June 3, 2024 Page 3 Motion was made by Lee, seconded by Bermel, to approve the resolution for the Wellhead Protection Plan. Roll call was taken on the motion. Ayes - Hellier, Bermel, Lee, Volk, Wolter c.Resolutions Adopting Assessments, Awarding Construction Contract and Authorizing Funding; and Supplemental Agreements for Professional Services for Ipava Avenue, Indiana Avenue and 175th Street Improvements Public Works Director Paul Oheme presented the staff report. The Ipava Avenue, Indiana Avenue, and 175th Street Improvements project is partially funded with property tax levies, of which a portion is financed through assessments to benefit property owners. Pursuant to the requirements of Minnesota Statues, Chapter 429 for local improvements, two public hearings are required. The City Council held the first public hearing (improvement hearing) on December 4, 2023. Notice of the second public hearing (assessment hearing) was published and mailed to affected property owners. On Thursday, April 11, 2024, the City received four bids for City Project 24-03, ranging from a low bid of $2,169,252.35 submitted by OMG Midwest to a high bid of $2,824,283.06. The engineer's construction estimate was $2,675,747.55. The total estimated project cost is $2,630,353; funding sources are named in the attached Project Financing. Mayor Hellier opened the public hearing at 6:48 p.m. There were no comments from the public. Motion was made by Bermel, seconded by Volk, to close the public hearing 6:49 p.m. Voice vote was taken on the motion. Ayes - Hellier, Bermel, Lee, Volk, Wolter Lee moved, seconded by Wolter, to approve the resolutions adopting assessments, adopt the resolution to OMG Midwest Inc., approve a resolution authorizing funding and 2024 budget amendments and transfers, and approve the supplemental agreements for professional services for Ipava Avenue, Indiana Avenue, and 175th Street Improvements, City Project 24-03. Roll call was taken on the motion. Ayes - Hellier, Bermel, Lee, Volk, Wolter 8.Unfinished Business None 9.New Business None 10.Announcements Next Regular Council Meeting June, 17, 2024. Next Work Session June 24, 2024 11.Adjourn Motion was made by Volk, seconded by Bermel, to adjourn at 6:50 p.m. Page 7 of 532 City Council Meeting Minutes June 3, 2024 Page 4 Voice vote was taken on the motion. Ayes - Hellier, Bermel, Lee, Volk, Wolter Respectfully Submitted, __________________________________ Ann Orlofsky, City Clerk ____________________________ Luke M. Heller, Mayor Page 8 of 532 MINUTES CITY COUNCIL WORK SESSION May 28, 2024 - 6:00 PM Lakeville City Hall, Marion Conference Room 1. Call to order, moment of silence and flag pledge Mayor Hellier called the meeting to order at 06:00 PM. Members Present: Mayor Hellier, Council Members Bermel, Lee, Volk, Wolter Staff Present: Justin Miller, City Administrator; Julie Stahl, Finance Director; Allyn Kuennen, Assistant City Administrator; Courtney Miller, Assistant to the City Administrator; Brad Paulson, Police Chief; Paul Oehme, Public Works Director; Alissa Frey, Human Resources Director; Zach Johnson, City Engineer 2. Citizen Comments None. 3. Discussion Items a. Pan-O-Prog Update Public Works Director Oehme introduced Paul Kaus and Paul Jacobus, representing the Pan-O-Prog board. They shared details about the upcoming festival. There will be 52 events this year. They highlighted several events, including a cricket tournament, a puzzle contest, and a chalk art exhibition. They also provided information on safety and security plans. b. Credit River Development Proposal City Engineer Johnson stated that Tradition Development has submitted a sketch plan for a private development proposal at the northwest corner of 185th Street (County State Aid Highway 60) and Judicial Road. The prospective development is located within Credit River and Scott County and is subject to Credit River zoning and subdivision ordinances. The Developer is requesting to serve the development with City of Lakeville sanitary sewer and water, as Credit River does not have a public water supply or sanitary sewer capacity available at this location. City and County staff have had preliminary discussions in an effort to coordinate and advance the project. Todd Stutz, representing Tradition Development, provided additional background and answered questions from the Council and residents. The Council asked questions regarding potential traffic in the area of the proposed development, the ability to bill Credit River for the services, and Lakeville's capacity to serve the proposed development in Credit River. The Council asked staff and the Page 9 of 532 City Council Work Session Minutes May 28, 2024 Page 2 developer how the proposed development would impact Lakeville's school district. The following residents expressed concern about the proposed development. George Souders, 18341 Justice Way Mike Flynn, 18420 Justice Way Bob Erickson 19081 Inndale Drive The Council did not support directing staff and Tradition Development to move forward. c. FiRST Center Design & Cost Update Assistant City Administrator Kuennen provided an overview of the FiRST Center. He stated that at the January work session, City Council reviewed the preliminary building layout, site design, and cost estimates for the FiRST Center as prepared by Leo A Daly. The City Council directed staff to move forward with the design and to obtain proposals for construction management services. RJM Construction was ultimately hired as the construction manager at risk for the project. RJM Construction joined the team in April and has worked with staff and Leo A Daly to prepare the most recent cost estimates as we work towards refining the building and site design in an effort to reduce costs wherever possible. Representatives from Leo A Daly and RJM Construction provided additional details and answered questions from the Council. Council directed staff, Leo A Daly, and RJM Construction to continue moving forward with the proposed design. d. Employee Compensation and Benefits Human Resources Director Frey provided an overview of Lakeville's employee compensation and benefits. She discussed how positions are classified and compensated. She stated that staff is currently working on a market comparison of employee compensation. The data being used is current compensation of Lakeville's 14 comparable market groups. She added that staff seeks direction on a compensation philosophy and provided examples from Lakeville's comparable market cities. Ms. Frey also discussed Lakeville's health insurance offerings. During union negotiations in 2023, the topic of health insurance surfaced several times. Since then, Lakeville's insurance committee has been meeting to gain a better understanding of employees' concerns regarding health insurance. She stated that staff complied data from Lakeville's comparable cities. In comparison to those cities, preliminary results show that Lakeville is below average in its employer contribution to two-party and family health insurance plans. The Council directed staff to move forward with a compensation philosophy that states Lakeville will remain externally competitive with its comparable cities. The Council also directed staff to move forward with looking into a potential increase to the employer contribution to the two-party and family health insurance plans. e. 1st Quarter 2024 Financial Report Finance Director Stahl provided an overview of the first quarter 2024 financial report, Page 10 of 532 City Council Work Session Minutes May 28, 2024 Page 3 which included revenue and expenditure highlights of the General Fund, Communications Fund, Liquor Fund and Utility Operating Funds. f. City Proclamation Policy City Administrator Miller stated that, from time to time, the City receives requests to adopt a resolution or proclamation relating to various causes. In the past, the City of Lakeville has not adopted these resolutions unless they pertain to city activities. He stated that as these requests become more common, staff seeks input from the council on the need for a formal policy to direct the city in this area. The Council supports implementing a policy to allow residents or Lakeville businesses the ability to request a proclamation. Council directed staff to write a policy that allows residents or local businesses to request proclamations that relate to City operations. The Council agreed that the Mayor may use his discretion for other proclamation requests. 4. Items for Future Discussion Councilmember Lee requested a future discussion on how the City is using artificial intelligence. 5. Committee/ City Administrator Updates Wolter: Attended the recent I-35 Solutions Alliance meeting. The group discussed the upcoming construction. Lee: Attended the recent ALF Ambulance board meeting. The board approved the 2025 budget. The board discussed staffing changes, truck locations, and the repeal of the Minnesota Emergency Medical Service Regulatory Board. Bermel- Attended the Public Safety Committee meeting. They received a staffing update. Attended the Dakota 911 Board of Directors meeting. They discussed the budget, member fees, and received an update on the 911 outage in Wisconsin. Hellier: Attended the Economic Development Commission meeting where they discussed long term planning. 6. Adjourn Motion was made by Bermel, seconded by Lee, to adjourn. Voice vote was taken on the motion. Ayes- Bermel, Lee, Wolter, Volk, Hellier The meeting adjourned at 9:02 p.m. Respectfully Submitted, __________________________________ Courtney Miller, Assistant to the City Administrator ____________________________ Luke M. Heller, Mayor Page 11 of 532 Date: 6/17/2024 Grant Agreement with the Metropolitan Council for a Water Efficiency Rebate Program Proposed Action Staff recommends the adoption of the following motion: Move to approve a grant agreement with the Metropolitan Council for the 2024-2026 Water Efficiency Grant Program. Overview The City of Lakeville applied for the Water Efficiency Grant Program through the Metropolitan Council in March 2024. The Metropolitan Council has awarded the City of Lakeville $46,000 as part of the grant program. The city will be required to match 20% of the awarded funds ($11,500). Lakeville is one of 41 cities in the Twin Cities Metropolitan Area that applied for and was accepted into the grant program. City staff have developed a rebate program for city water users. The goal of the rebate program is to reduce water waste by assisting city water users in installing water-efficient devices in homes and businesses and replacing inefficient irrigation systems. The rebate program will include reimbursement for water-efficient toilets, irrigation sprinkler controllers, and irrigation sprinkler bodies. All devices must meet strict WaterSense criteria and may not be part of a new home installation or existing water-efficient installation to be eligible. Supporting Information 1. Resolution 2. Grant Agreement Financial Impact: $11,500 Budgeted: Yes Source: 7602-6280 Envision Lakeville Community Values: Good Value for Public Service Report Completed by: Steve Grossman, Utilities Supervisor Page 12 of 532 CITY OF LAKEVILLE RESOLUTION NO. 24- Resolution Approving a Grant Agreement with the Metropolitan Council for the 2024-2026 Water Efficiency Grant WHEREAS, the Metropolitan Council has awarded the City of Lakeville $46,000 in funding for the 2024-2026 Water Efficiency Grant Program; and WHEREAS, the City of Lakeville shall match $11,500 (20% of award) in funding; and WHEREAS, the City of Lakeville shall follow grant administrative and reporting criteria outlined in the grant program overview; and NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lakeville, Minnesota: 1. The City of Lakeville shall enter into an agreement with the Metropolitan Council for the 2024-2026 Water Efficiency Grant, a copy of which was before the Council. 2. The proper City officials are authorized to execute such agreement, and any amendments thereto. ADOPTED by the Lakeville City Council this 17th day of June 2024. CITY OF LAKEVILLE ______________________________ Luke M. Hellier, Mayor ATTEST: _________________________________ Ann Orlofsky, City Clerk Page 13 of 532 1 METROPOLITAN COUNCIL CLEAN WATER FUND GRANT AGREEMENT Recipient: City of Lakeville Grant No.: SG-21418 Council Action: 2024-121 Maximum Grant Amount: $46,000 Recipient Match: $11,500 (20% of program total) Recipient’s Authorized Representative: Name: Steve Grossman 20195 Holyoke Ave Lakeville, MN 55044 Phone: 952-985-2742 Email Address: sgrossman@lakevillemn.gov This Clean Water Fund Grant Agreement (“Grant Agreement”) is entered into between the Metropolitan Council, a public corporation and political subdivision of the State of Minnesota (“Met Council”) and the Recipient named above. RECITALS 1. Minnesota Session Laws 2023, Chapter 40, Article 2, Section 8(b), appropriated to the Met Council $1,500,000 in funds from the Legacy Amendment's Clean Water Fund ("Clean Water Fund") for State fiscal years 2024 and 2025, for water demand reduction grants to assist municipalities in the metropolitan area with implementing water demand reduction measures to ensure the reliability and protection of drinking water supplies. 2. The Met Council is authorized by Minnesota Statutes sections 473.129, subdivision 4 to apply for and use grants from the State for any Metropolitan Council purpose and may dispose of the money in accordance with the terms of the appropriation. 3. The Recipient is authorized to receive grants from the Clean Water Fund for a water demand reduction program to implement measures to reduce water demand to ensure the reliability and protection of drinking water supplies. 4. On May 22, 2024, the Met Council authorized the granting $1,100,000 of the appropriation to the Recipients participating in the grant program. 5. The Recipient represents that it is duly qualified and agrees to perform all services described in this Grant Agreement to the reasonable satisfaction of the Met Council. Page 14 of 532 2 GRANT AGREEMENT 1. Term of Grant Agreement. 1.1. Effective Date. The Effective Date of this Grant Agreement is the date this agreement is fully executed. 1.2. Grant Activity Period. The Grant Activity Period runs from the Effective Date through the Expiration Date. 1.3. Expiration Date. The Expiration Date is the earlier of Recipient’s satisfactory fulfillment of obligations or June 30, 2026. 1.4. Survival of Terms. The following clauses survive the expiration, termination or cancellation of this Grant Agreement: • 9. Liability and Insurance; • 10. Audits; • 11. Government Data Practices; • 13. Data Availability; • 14. Governing Law, Jurisdiction, and Venue; • 16. Data Disclosure; and • 18.7 Future Eligibility. 2. Duties, Representations and Warranties of Recipient and Use of Grant Funds. 2.1. The Recipient will conduct, administer and complete in a satisfactory manner and in accordance with the terms of this Grant Agreement the program (“Recipient Program”) which is described in Recipient's application to the Met Council for assistance under the Met Council's Clean Water Fund grant program. The Recipient’s application is incorporated into this Grant Agreement as Exhibit A. Recipient will perform the Recipient Program in accordance with the timeline in Exhibit B of this Grant Agreement and to undertake the financial responsibilities described in Exhibit B which is incorporated into this Grant Agreement. The Recipient must complete the Recipient Program as described in Exhibits A and B. The Met Council makes no representation or warranties with respect to the success and effectiveness of the Recipient Program. The Met Council acknowledges that Recipient Program work may be limited to soliciting participation by its residents and businesses in the Recipient Program and requires additional work by the Recipient only to the extent that residents and businesses choose to participate in the Recipient Program, as described in Exhibit B. The Grant Funds must be entirely passed through and can only be used for authorized rebates or grants for qualifying activities. 2.2. Recipient Representations and Warranties. The Recipient represents and warrants to Met Council, as follows: A. It has the legal authority to enter into this Grant Agreement and to conduct and administer the Recipient Program and use the Grant Funds for the purpose or purposes described in this Agreement Page 15 of 532 3 B. It has taken all actions necessary for its execution of the Agreement and has provided to Met Council a copy of the resolution by its governing body authorizing Recipient to enter into this Agreement. C. It has the legal authority to undertake the Recipient Program, including the Recipient’s financial responsibilities in Exhibit B. D. Only its Authorized Representative may provide certifications required in this Grant Agreement and submit pay claims for reimbursement of Recipient Program costs. E. It will comply with all the terms of this Grant Agreement. F. It will comply with all requirements of Clean Water Funding legislation and appropriations, except for requirements that this Grant Agreement explicitly states will be handled by the Met Council. G. It has made no material false statement or misstatement of fact in connection with the Grant Funds, and all of the information it has submitted or will submit to the Met Council relating to the Grant Funds or the disbursement of any of the Grant Funds is and will be true and correct. It agrees that all representations contained in its application for the Clean Water Fund Grant are material representations of fact upon which the Met Council relied in awarding this Grant and are incorporated into this Agreement by reference. H. It is not in violation of any provisions of its charter or of the laws of the State of Minnesota, and there are no material actions, suits, or proceedings pending, or to its knowledge threatened, before any judicial body or governmental authority against or affecting it and is not in default with respect to any order, writ, injunction, decree, or demand of any court or any governmental authority which would impair its ability to enter into this Grant Agreement, or to perform any of the acts required of it in the Agreement. I. Compliance with the requirements of this Grant Agreement is not prevented by, is a breach of, or will result in a breach of, any term, condition, or provision of any agreement to which it is bound. J. The Recipient Program will not violate any applicable zoning or use statute, ordinance, building code, rule or regulation, or any covenant or agreement of record relating thereto. K. The Recipient Program will be conducted in full compliance with all applicable laws, statutes, rules, ordinances, and regulations issued by any federal, state, or political subdivisions having jurisdiction over the Recipient Program. L. It will comply with the financial responsibility requirements contained in Exhibit B. M. It will furnish satisfactory evidence regarding these representations if requested by the Met Council. 3. Time. Recipient must comply with all time requirements described in this Grant Agreement. In the performance of this Grant Agreement, time is of the essence. Page 16 of 532 4 4. Eligible Costs. Eligible costs are those costs incurred by parties within the jurisdiction of the Recipient for 80% of rebate or grant payments as defined in Exhibit B. The Met Council will not reimburse Recipient for non-eligible costs. Any cost not defined as an eligible cost or not included in the Recipient Program or approved in writing by the Met Council is a non-eligible cost. 5. Consideration and Payment. 5.1 Consideration. The Met Council will reimburse the Recipient for eligible costs performed by the Recipient during the Grant Activity Period up to the Maximum Grant Amount as specified in this agreement. The Met Council bears no responsibility for any cost overruns that may be incurred by the Recipient or any sub-recipients. The Recipient may be eligible to receive additional grant amounts or an adjustment of the Maximum Grant Amount in accordance with the procedure in the Grant Amendment Form attached and incorporated as Exhibit C. A fully executed Exhibit C will amend this Grant by the amount in Exhibit C. 5.2. Advance. The Met Council will make no advance of the Grant Amount to Recipient. 5.3. Payment. To receive payment, the Recipient must submit a Reimbursement Request on forms provided by the Met Council, including electronically scanned receipts to verify the cost of eligible devices reported for each reporting period. Reimbursement Request must be submitted quarterly, even if there are no eligible costs to report. The Recipient must describe its compliance with its the financial requirements, work completed including specific addresses where work was done, and provide sufficient documentation of grant eligible expenditures and any other information the Met Council reasonably requests. The Met Council will promptly pay the Recipient after the Recipient presents to the Met Council a Reimbursement Request and scanned copies of all receipts verifying the cost for all eligible devices reported and the Met Council’s Authorized Representative accepts the invoiced services. 6. Conditions of Payment. 6.1. For each approved device for which Recipient requests payment, Recipient must certify the following to the Met Council: (1) the device has been purchased during the Grant Activity Period; (2) Recipient received receipts for the device; and (3) the purchase was not performed in violation of federal, state, or local law, or regulation. 6.2. Conditions Precedent to Any Reimbursement Request. The obligation of the Met Council to make reimbursement payments is subject to the following conditions precedent: A. The Met Council’s receipt of a Reimbursement Request/Progress Report for the funds requested, and electronic copies of receipts verifying the cost for all eligible devices for that reporting period; B. If requested by the Met Council (in form and substance acceptable to the Met Council), evidence that (i) the Recipient has legal authority to and has taken all actions necessary to enter into this Agreement and (ii) this Agreement is binding and enforceable against the Recipient; Page 17 of 532 5 C. There is no Event of Default under this Grant Agreement or event which would constitute an Event of Default but for the requirement that notice be given or that a period of grace or time elapse; and D. The Recipient has supplied to the Met Council all other items that the Met Council may reasonably require to assure good fiscal oversight of state's funding through the Clean Water Fund. 7. Authorized Representative. The Met Council’s Authorized Representative is: Name: Henry McCarthy or successor Title: Senior Environmental Scientist Mailing Address: 390 North Robert Street St. Paul, MN 55101 Phone: (651) 602-1946 E-Mail Address: henry.mccarthy@metc.state.mn.us The Met Council’s Authorized Representative has the responsibility to monitor the Recipient’s performance and the authority to accept the services provided under this Grant Agreement. If the services are satisfactory, the Met Council’s Authorized Representative will certify acceptance on each invoice submitted for payment. The Recipient’s Authorized Representative is noted on the first page of this Grant Agreement. If the Recipient’s Authorized Representative changes at any time during this Grant Agreement, the Recipient must immediately notify the Met Council and within 30 days provide a new City resolution (if such resolution is necessary) specifying the new Representative. 8. Assignment, Amendments, Waiver, Grant Agreement Complete, and Order of Precedence. 8.1 Assignment. The Recipient may neither assign nor transfer any rights or obligations under this Grant Agreement without the prior written consent of the Met Council and a fully executed Assignment Agreement. 8.2 Amendments. Except as provided in this Section 8.2, any amendment to this Grant Agreement must be in writing and will not be effective until it has been executed and approved by the appropriate parties. If requested by the Recipient in writing, the Met Council may at its sole discretion authorize in writing a minor change to the Recipient Program in Exhibit A without a formal executed amendment to this Grant Agreement. 8.3 Waiver. If the Met Council fails to enforce any provision of this Grant Agreement, that failure does not waive the provision or its right to enforce it. 8.4 Grant Agreement Complete. This Grant Agreement contains all negotiations and agreements between the Met Council and the Recipient. No other understanding regarding this Grant Agreement, whether written or oral, may be used to bind either party. 8.5 Order of Precedence. This Grant Agreement will be interpreted in the following order of precedence: (1) Grant Agreement excluding exhibits; Page 18 of 532 6 (2) Exhibit B; and (3) Exhibit A. 9. Liability and Insurance. 9.1 Liability. The Recipient and the Met Council are each responsible for their own acts and the acts of their employees and the results thereof. To the extent authorized by law, a party is not responsible for the acts of the other party and the results thereof. The liability of the Parties is governed by Minnesota Statutes Chapter 466 and other applicable laws. Neither Party waives any applicable limits on liability or immunities. 9.2 Relationship of the Parties. Nothing contained in this Grant Agreement is intended or should be construed in any manner as creating or establishing the relationship of co-partners or a joint venture between the Recipient and the Met Council, nor will the Recipient be considered or deemed to be an agent, representative, or employee of the Met Council in the performance of this Grant Agreement, or the Recipient Program. The Recipient represents that it has already or will secure or cause to be secured all personnel required for the performance of this Grant Agreement and the Recipient Program. All personnel of the Recipient or other persons while engaging in the performance of this Grant Agreement or the Recipient Program will not have any contractual relationship with the Met Council related to the work of the Recipient Program and will not be considered employees of the Met Council. In addition, all claims that may arise on behalf of said personnel or other persons out of employment or alleged employment including, but not limited to, claims under the Workers’ Compensation Act of the State of Minnesota, claims of discrimination against the Recipient, its officers, agents, contractors, or employees will in no way be the responsibility of the Met Council. Such personnel or other persons may not require nor be entitled to any compensation, rights or benefits of any kind whatsoever from the Met Council, including but not limited to, tenure rights, medical and hospital care, sick and vacation leave, disability benefits, severance pay and retirement benefits. 10. Audits. Under Minn. Stat. § 16C.05, subd. 5, the Recipient’s books, records, documents, and accounting procedures and practices relevant to this Grant Agreement are subject to examination by the Met Council and/or the State Auditor or Legislative Auditor, as appropriate, for a minimum of six years from the termination date of this Grant Agreement. 11. Government Data Practices. The Recipient and Met Council must comply with the Minnesota Government Data Practices Act, Minn. Stat. Chapter 13, as it applies to all data provided by the Met Council under this grant contract, and as it applies to all data created, collected, received, stored, used, maintained, or disseminated by the Recipient under this Grant Agreement. The civil remedies of Minn. Stat. § 13.08 apply to the release of the data referred to in this clause by either the Recipient or the Met Council. If the Recipient receives a request to release the data referred to in this Clause, the Recipient must immediately notify the Met Council. Page 19 of 532 7 12. Workers’ Compensation. The Recipient certifies that it is in compliance with Minn. Stat. § 176.181, subd. 2, pertaining to workers’ compensation insurance coverage. The Recipient’s employees and agents will not be considered Met Council employees. Any claims that may arise under the Minnesota Workers Compensation Act on behalf of these employees and any claims made by any third party as a consequence of any act or omission on the part of these employees are in no way the Met Council’s obligation or responsibility. 13. Data Availability. To the extent and as requested by the Met Council, Recipient agrees to comply with Minn. Stat. § 114D.50, subd. 5 requirements for data collected by the Recipient Programs funded with money from the Clean Water Fund that have value for planning and management of natural resources, emergency preparedness and infrastructure investments, including but not limited to the requirement that to the extent practicable, summary data and results of Recipient Programs funded with money from the Clean Water Fund should be readily accessible on the internet and identified as a Clean Water Fund Recipient Program. The Met Council will put overall summary information on the internet and will encourage the Recipient put its city information on the web. Recipient understands and agrees that Met Council may list its name and summary information on the internet or in any other Grantor reporting. Data collected by the Recipient Program, if any, funded with money from the Clean Water Fund that have value for planning and management of natural resources, emergency preparedness, and infrastructure investments must conform to the enterprise information architecture developed by the Department of Information Technology Services. Spatial data must conform to geographic information system guidelines and standards outlined in that architecture and adopted by the Minnesota Geographic Data Clearinghouse at the Minnesota Geospatial Information Office. A description of these data that adheres to the Department of Information Technology Services geographic metadata standards must be submitted to the Minnesota Geospatial Information Office to be made available online through the clearinghouse and the data must be accessible and free to the public unless made private under chapter 13. To the extent practicable, summary data and results of projects funded with money from the clean water fund should be readily accessible on the Internet and identified as a clean water fund project. 14. Governing Law, Jurisdiction, and Venue. This Grant Agreement will be construed and enforced under the laws of the State of Minnesota without regard to its conflict of law provisions. The venue for any legal proceedings arising out of this Grant Agreement will be the appropriate state or federal court in Ramsey County, Minnesota. 15. Termination. The Met Council may cancel this Grant Agreement at any time, with or without cause, upon 30 days’ written notice to the Recipient. Upon termination, the Recipient will be entitled to payment for services prequalified and satisfactorily performed before the termination notice. 16. Data Disclosure. Under Minn. Stat. § 270C.65, subd. 3, and other applicable law, the Recipient consents to disclosure of its federal employer tax identification number, and/or Minnesota tax identification number, already provided to the Met Council, to federal and state tax agencies and Met Council personnel involved in the Page 20 of 532 8 payment of Met Council obligations. Recipient will require compliance with this Section 16 by Recipient’s subrecipient of Grant funds and shall submit evidence of such compliance to Met Council as requested. 17. Notices. In addition to any notice required under applicable law to be given in another manner, any notices required hereunder must be in writing and must be personally served or sent by email or United States mail, to the Authorized Representative of the party to whom it is directed. 18. Miscellaneous. 18.1 Report to Legislature. As provided in Minn. Stat. § 3.195, the Met Council must submit a report on the expenditure and use of money appropriated under the Clean Water Fund to the legislature by January 1 5 of each year. The report must detail the outcomes in terms of additional use of Clean Water Fund resources, user satisfaction surveys, and other appropriate outcomes. The Recipient agrees to provide to the Met Council by January 1 of each year a report on any user satisfaction surveys it has related to this Recipient Program, and other appropriate outcomes of the Recipient Program as prescribed in Section 18.3 of this Agreement. 18.2 Supplement. The funds granted under this agreement are to supplement and shall not substitute for traditional sources of funding. Recipient certifies to the Met Council that there was and is no traditional Recipient sources of funding for the City to help fund 80% of the subject water efficiency rebate or grant work. 18.3 Measurable Outcomes. A Recipient Program or program receiving funding from the Clean Water Fund must meet or exceed the constitutional requirement to protect, enhance, and restore water quality in lakes, rivers and streams and to protect groundwater and drinking water from degradation. A Recipient Program or program receiving funding from the Clean Water Fund must include measurable outcomes, as defined in Minn. Stat. § 3.303, subdivision 10, and a plan for measuring and evaluating the results. A Recipient Program or program must be consistent with current science and incorporate state-of-the-art technology. All information for funded Recipient Program work, including the proposed measurable outcomes, must be made available for publication on the web site required under Minn. Stat. § 3.303, subdivision 10, as soon as practicable and forwarded to the Met Council and the Legislative Coordinating Commission under the provisions of Minn. Stat. § 3.303, subd. 10. The Recipient must compile and submit all information for funded Recipient Programs or programs, including the proposed measurable outcomes and all other items required under Minn. Stat. § 3.303, subdivision 10, to the Met Council and, if requested by the Met Council, the Legislative Coordinating Commission as soon as practicable or by January 15 of the applicable fiscal year, whichever comes first. 18.4 Minn. Stat. § 16B.98. Grants funded by the Clean Water Fund must be implemented according to section 16B.98 and must account for all expenditures. 18.5 Benefit to Minnesota Waters. Money from the Clean Water Fund may only be spent on Recipient Programs that benefit Minnesota waters. 18.6 Website. If the Recipient has information on its website about the water efficiency grant program under Minn. Stat. § 114D.50, the Recipient will when practicable in accordance with Minn. Stat. § 114D.50, subd. 4(f) prominently display on the Recipient’s website home page the Legacy logo accompanied by the phrase "Click here for more information." When a person clicks Page 21 of 532 9 on the Legacy logo image, the website must direct the person to a web page that includes both the contact information that a person may use to obtain additional information, as well as a link to the Met Council’s and Legislative Coordinating Commission Website required under section 3.303, subdivision 10. 18.7 Future Eligibility. Future eligibility for money from the Clean Water Fund is contingent upon the Recipient satisfying all application requirements related to Met Council’s fulfillment of Minn. Stat. § 114D.50 as well as any additional requirements contained in 2021, 1st Special Session, Chapter 1, Article 2, Section 8. 18.8 Prevailing Wages. The Recipient agrees to comply with all of the applicable provisions contained in chapter 177 of the Minnesota Statutes, and specifically those provisions contained in Minn. Stat. §§ 177.41 through 177.50, as they may be amended, modified or replaced from time to time with respect to the Recipient Program. By agreeing to this provision, the Recipient is not acknowledging or agreeing that the cited provisions apply to the Recipient Program. 18.9 Disability Access. Where appropriate, Recipient of clean water funds, in consultation with the Council on Disability and other appropriate governor-appointed disability councils, boards, committees, and commissions, should make progress toward providing greater access to programs, print publications, and digital media for people with disabilities related to the programs the recipient funds using appropriations made in this agreement. 18.10. General Provisions. (i) Lawsuit. This Grant shall be canceled if a court determines that the appropriation illegally substitutes for a traditional source of funding. (ii) Termination Due to Lack of Funds. Recipient recognizes that Met Council’s obligation to reimburse Recipient for eligible Recipient Program costs is dependent upon Met Council’s receipt of funds from the State of Minnesota appropriated to Met Council under 2023 Session Law, Chapter 40, Article 2, Section 8(b). Should the State of Minnesota terminate such appropriation or should such funds become unavailable to Met Council for any reason, Met Council shall, upon written notice to Recipient of termination or unavailability of such funds, have no further obligations for reimbursement or otherwise under this Grant Agreement. In the event of such written notice, Recipient has no further obligation to complete the Recipient Program as required by this Grant Agreement. 18.11. Counterparts and Electronic Signatures. This Grant Agreement may be executed in any number of counterparts, each of which when executed will be deemed to be an original and the counterparts will together constitute one agreement. A copy of this Grant Agreement, including its signature pages, will be binding and deemed to be an original. Electronic signatures using Adobe Sign or a similar program will be deemed an original signature. 19. Default and Remedies. 19.1 Defaults. The Recipient's failure to fully comply with any of the provisions contained in this Grant Agreement constitute an event of default ("Event of Default"). Page 22 of 532 10 19.2. Remedies. Upon an event of default, the Met Council may exercise any one or more of the following remedies: a. Refrain from disbursing the Grant; b. Demand that all or any portion of the Grant already disbursed be repaid to it, and upon such demand the Recipient shall repay such amount to the Met Council; and c. Enforce any additional remedies the Met Council may have at law or in equity. IN WITNESS WHEREOF, the parties have caused this agreement to be executed by their duly authorized representatives. METROPOLITAN COUNCIL By: ________________________________ Regional Administrator, successor, or delegate Date: _______________________________ RECIPIENT: The Recipient certifies that the appropriate person(s) have executed the this agreement on behalf of the Recipient as required by applicable articles, bylaws, resolutions, or ordinances. By: ________________________________ _____________________________________ Printed Name and Title Date: _______________________________ Page 23 of 532 EXHIBIT A (Application from community) Page 24 of 532 Page - 1 2024 – 2026 METROPOLITAN COUNCIL WATER EFFICIENCY GRANT PROGRAM APPLICATION FORM updated 02/08/2024 Applicant Information: MUNICIPALITY: MUNICIPAL UTILITY: MAILING ADDRESS: Grants are only for water efficiency programs offering rebates or grants to property owners who are customers of the municipal water supply system and who replace specified water using devices with approved devices that use substantially less water. In municipalities where only some neighborhoods or areas are served by a municipal public water supply system, only those served by the municipal public water supply system are eligible. If applicable, please specify what parts of your municipality would be eligible to receive rebates or grants: Primary Contact Information: Municipality primary authorized representative (all correspondence regarding the Water Efficiency Grant Program should be addressed to individual named below): NAME: TITLE: STREET: CITY, ZIP: PHONE: EMAIL: City of Lakeville Utilities Department 20195 Holyoke Ave Lakeville, MN 55044 Utilities Department, Accounts Payable, Utility Billing, Environmental Resources Department Steve Grossman Utilities Supervisor 20195 Holyoke Ave Lakeville 55044 952-985-2742 sgrossman@lakevillemn.gov Page 25 of 532 Page - 2 | METROPOLITAN COUNCIL Secondary Contact Information: Municipality secondary authorized representative: NAME: TITLE: STREET: CITY, ZIP: PHONE: EMAIL: Water Use and Savings Information: Municipal Total Per Capita Water Use, in gallons per person-day (2022): Municipal Residential Per Capita Water Use, in gallons per person-day (2022): Municipal Ratio of Peak Month to Winter Month Water Use (2022): Municipality’s estimated annual water savings from proposed program, in gallons: Shane Quade Utilities Superintendent 20195 Holyoke Ave Lakeville 55044 952-985-2741 squade@lakevillemn.gov 110 90.8 3.4 3,923,333gal./yr. Page 26 of 532 Page - 3 | METROPOLITAN COUNCIL Program Design: Requested Grant Amount (must equal 80% of total program budget): Required Municipality Matching Amount (must equal 20% of total program budget): Total Program Budget (Requested Grant Amount + Match): Example Calculation: Requested Grant Amount $16,000 (80% of total) Required Municipality Matching Amount $4,000 (20% of total) Total Program Budget $20,000 (100% of total) Will your program be a grant program or rebate program? Estimated Number of Items: Item Estimated Number Toilets Irrigation Controllers Irrigation Spray Sprinkler Bodies Irrigation System Audits Showerheads Clothes Washing Machines Dishwashers 50,000.00 20,000.00 70,000.00 Rebate Program 100 150 2000 0 0 0 0 Page 27 of 532 Page - 4 | METROPOLITAN COUNCIL Project Work Plan and Schedule:* Task Description Responsible Person Start Date Completion Date * Municipality may create own project plan and schedule form See attached Work Plan and Schedule. Page 28 of 532 Page - 5 | METROPOLITAN COUNCIL Communications to Property Owners: How will your program be advertised (check all that apply): Newsletter Print media Email X (formerly Twitter) Website Radio Television Facebook Nextdoor Other social media Please attach examples of proposed newsletter, print media, or email communications. Critical Points to Remember: •The applying municipality must be served by a municipal public water supply system •New construction and new developments are not eligible •A portion of each eligible activity’s cost must be paid by the property owner •Funds are for rebates or grants only; consulting and city staff time are ineligible •Grant recipients must display the Clean Water, Land and Legacy Amendment logo and the Metropolitan Council logo on program-related web pages and paper communications Scan the QR code to see the Lakeville Water Efficiency Grant webpage or https://www.lakevillemn.gov/WaterEfficiencyRebate. 4 4 4 4 4 4 4 Page 29 of 532 City of Lakeville Water Efficiency Grant Wo rk Plan e City of Lakeville has chosen to use anticipated funds provided by the Metropolitan Council to offer a rebate program to city residents and businesses. e rebate program will be used as an incentive for users of the City of Lakeville water system to replace toilets, irrigation controllers, and irrigation spray bodies with de vices that are certified with an EPA WaterSense logo. e rebate program will be limited to property owners who are customers of the City of Lakeville water supply system. Expenses eligible for the rebate include the out-of-pocket cost of the replacement device (labor and taxes not included). New construction, new development and the replacement of existing water-efficient devices will be ineligible. Home-Owner Associations (HOA’s) will be ineligible for irrigation product rebates. Eligible rebates include and will be limited to the following: Toilets-50% of cost up to a maximum of $200 for toilets replaced with a US EPA WaterSense labeled toilet. Maximum four toilets. Irrigation (lawn sprinkler) controllers-50% of cost up to $200 for irrigation controllers replaced with a US EPA WaterSense labeled controller. Maximum one controller per residence. Home -Owner Associations (HOA’s) will be ineligible for irrigation product rebates. Irrigation sprinkler body replacement-75% of the cost of each sprinkler body up to $10 per sprinkler body, limited to $100 for irrigation sprinkler body replacement with a US EPA WaterSense labeled spray sprinkler body. Home-Owner Associations (HOA’s) will be ineligible for irrigation product rebates. Applying for a Rebate Rebate requests will be processed in the order in which they are received until funds are depleted or until June 30, 2026, whichever comes first. Property owners must submit a completed request form with a receipt for qualifying purchase(s) no later than June 30, 2026, assuming funds are still available. Property owners will have three options to submit rebate requests: 1. rough the City of Lakeville website (see full website and online submission application link) 2. Or Email to: sgrossman@lakevillemn.gov using the rebate request form available on the city website. (see attached rebate request form) Page 30 of 532 3. Or Mail a rebate request form to: City of Lakeville Water Efficiency Rebate Program Attn: Steve Grossman 20195 Holyoke Ave Lakeville, MN 55044 Rebate Reimbursement Rebates will be reimbursed as a credit through the property owner’s next quarterly water utility bill following approval of application and receipt. Property owners may be selected for inspection to verify products have been installed in accordance with the Water Efficiency Rebate criteria. Receipts must clearly show: 1. Date of purchase 2. Product information (SKU &/or model name) 3. Payment method City staff will keep track of all fund balances, product totals and information, addresses, names and contact information of participating property owners. Once a rebate request is approved by Steve Grossman, Melissa Smith, or Kyle Hanson, the information will be sent to Utility Billing, where staff will apply a credit to the approved property utility bill. Page 31 of 532 City of Lakeville Water Efficiency Grant Schedule Task Responsible Person Start Date Completion Date Design rebate program to accept toilets, irrigation controllers, and irrigation spray bodies as qualifying items.Steve Grossman 3/1/2024 3/5/2024 Develop PDF rebate reimbursement form for Lakeville residents and businesses.Steve Grossman 3/2/2024 3/11/2024 Develop webpage dedicated to the Water Efficiency Grant Rebate Program. Barb Klausler, Communications Dept.3/2/2024 3/18/2024 Choose methods for rebate program advertisement. Steve Grossman Barb Klausler 3/2/2024 3/7/2024 Submit completed grant application to MCES. Steve Grossman By March 29, 2024 Receive notification of grant award from Metropolitan Counsel.Steve Grossman By May 24, 2024 Bring Resolution to Lakeville City Council for the approval of funds provided by MCES for the Water Efficiency Grant.Steve Grossman 6/17/2024 6/17/224 Advertise rebate program on X, Facebook, City of Lakeville website, Nextdoor app, Bi- weekly ad in SunThisweek newspaper, ad in 8-page quarterly editions Steve Grossman Barb Klausler, Communication Dept.7/5/2024 Throughout rebate depending on rebate interest. Receive rebate request forms from residents and businesses. Send approved rebates to Utility Billing for rebate distribution. Steve Grossman Melissa Smith-Utilities Admin Asst. Kyle Hanson-Assistant to Lead 7/5/2024 Throughout rebate depending on rebate interest and/or June 30, 2026. Submit quarterly grant reimbursement to MCES.Steve Grossman TBD Quarterly, until funds are depleted. Retain records of property information, type and number of devices purchased within the rebate program, and amount of money from MCES, each resident, and from City of Lakeville.Steve Grossman 7/5/2024 6/30/2026, or until funds are depleted. Page 32 of 532 Water Efficiency Grant Rebate Request Form This form must be complete and a copy of the purchase receipt is required Questions? Please contact City of Lakeville at 952-985-2700 For more information visit: https://www.lakevillemn.gov/1247/Water-Efficiency-Rebate-Program Address:_______________________________ Customer Agreement: My signature indicates that the information provided is true, I have read and understood the rebate program guidelines, and that I comply with the City of Lakeville rebate program requirements. Upon compliance, a rebate will be distributed as a credit to my utility account if funding is available and my account is not delinquent at the time of application. I will allow a representative of the City of Lakeville to verify the installation if requested. Signature:________________________________________________ Date:_______________________ Zip:_______________State:___________ Number of toilets purchased: (limit 4)______________ Date of Purchase:______________________________ Number of irrigation spray bodies purchased_____ Make:______________________________________ Model Name/No.:_____________________________ Rebate maximum is $200 per toilet not to exceed 50% of the purchase price of each toilet. Limit 1 irrigation controller per residence. Send Completed Application and Receipt(s) to: Email to: sgrossman@lakevillemn.gov Or mail to: City of Lakeville Water Efficiency Rebate Attn: Steve Grossman 20195 Holyoke Ave Lakeville, MN 55044 Toilets Irrigation Controllers and Sprinkler BodiesApplicant Name:_______________________ Items must be EPA WaterSense labeled. Date of Purchase:___________________________ Must be purchased between July 1, 2024 to June 30, 2026. HOA's are not eligible for irrigation rebates. Irrigation Spray Body Make:___________________ Model name/No.__________________________ Irrigation Controller Make:___________________ Model Name/No.:__________________________ Rebate is 75% of the cost of each sprinkler body up to $10, up to a total of $100 and 50% of the purchase price up to $200 per irrigation controller. Contact Information: Phone:________________________________ Email (opt.):____________________________ Must be EPA WaterSense labeled. Property Type:Residential Commercial Must be purchased between July 1, 2024 to June 30, 2026Installation Address (if different from above)Address:_________________________ ______________________________________ ______________________________________ City:__________________________________ Page 33 of 532 Water Efficiency Grant Social Media Examples City Website Scan the QR code to see the Lakeville Water Efficiency Grant webpage or https://www.lakevillemn.gov/WaterEfficiencyRebate Instagram (4,970 followers) Instagram will consist of a 17-second reel. X (3,029 followers) Page 34 of 532 NextDoor app (23,995 members; 15,832 households) Facebook (11,417 followers) Page 35 of 532 1 EXHIBIT B 2024 – 2026 METROPOLITAN COUNCIL WATER EFFICIENCY GRANT PROGRAM GUIDELINES updated 06/06/2024 Overview The Metropolitan Council (Met Council) will implement a water efficiency grant program effective July 1, 2024 to June 30, 2026. Grants will be awarded on a competitive basis to municipalities that are served by a municipal water system. The Met Council will provide 80% of the program cost; the municipality must provide the remaining 20%. Municipalities will use the combined Met Council and municipality funds to run their own grant or rebate programs. Grants will be made available in amounts with a minimum of $5,000 and a maximum of $50,000. Grantees will be required to provide estimated water savings achieved through this program for Clean Water, Land & Legacy Amendment reporting purposes. Legislative Directive - Minnesota 2023 Session Laws $750,000 the first year and $750,000 the second year are for the water demand reduction grants to assist municipalities in the metropolitan area with implementing water demand reduction measures to ensure the reliability and protection of drinking water supplies. Fiscal year 2024 appropriations are available until June 30, 2025, and fiscal year 2025 appropriations are available until June 30, 2026. Grant Program Goal The goal of the water efficiency grant program is to support technical and behavioral changes that improve municipal water use efficiency in the seven-county metropolitan area. Critical Points to Remember • The applying municipality must be served by a municipal public water supply system • New construction and new developments are not eligible • A portion of each eligible activity’s cost must be paid by the property owner • Funds are for rebates or grants only; consulting and city staff time are ineligible Page 36 of 532 2 • Grant recipients must display the Clean Water, Land and Legacy Amendment logo and the Metropolitan Council logo on program-related web pages and paper communications Grant Program Structure: Administration and Funding The Water Efficiency Grant Program will be administered by Metropolitan Council Environmental Services (Environmental Services) and will be funded with $1,100,000 appropriated by the 2023 Minnesota Legislature. Grant applications will be reviewed and ranked Metropolitan Council Water Resources staff. The remaining $400,000 of this funding has been allocated to a different, equity-focused municipal water efficiency grant project. Grants are only for water efficiency programs offering rebates or grants to property owners who are customers of the municipal water supply system and who replace specified water using devices with approved devices that use substantially less water. In municipalities where only some neighborhoods or areas are served by a municipal public water supply system, only those served by the municipal public water supply system are eligible. Grants will be awarded to municipalities in amounts ranging from $5,000 to $50,000 for providing rebates or grants to property owners. Municipalities will be responsible for the design and operation of their rebate or grant program and its details. Grant payments to the municipality will be for 80% of approved program amounts. The municipality must provide the remaining 20% of the granted/rebated amount to the property owner. Municipality rebates or grants are eligible for reimbursement on device replacements conducted during the Grant Activity Period. Here is an example of the grant funding design: Metropolitan Council Grant Amount $16,000 (80% of total) Municipality Match $4,000 (20% of total) Municipality Grant/Rebate Program Total $20,000 (100% of total) Eligibility This grant program is limited to municipalities in the seven-county metropolitan area. Municipalities eligible per above must apply to participate and, if approved, sign a standard Met Council Grant Agreement, before any eligible rebates or grants can be submitted for reimbursement. Agreements shall require that municipalities: • Entirely pass through grants received (as is being done by Environmental Services) • Verify purchase of devices to receive grants • Retain records and cooperate with any audits • Conduct all communications with property owners and ensure all written communications to property owners include both the Clean Water, Land and Legacy Amendment and the Metropolitan Council’s logo • Provide quantitative information for state reporting purposes Eligible water efficiency devices consist of the following: • Toilet replacement with a US EPA WaterSense labeled toilet Page 37 of 532 3 • Irrigation controller replacement with a US EPA WaterSense labeled controller, either weather-based or soil moisture-based • Irrigation spray sprinkler body replacement with a US EPA WaterSense labeled spray sprinkler body • Irrigation system audit by an Irrigation Professional certified by a US EPA WaterSense program • Showerhead replacement with a US EPA WaterSense labeled showerhead • Clothes washing machine replacement with a US DOE Energy Star labeled clothes washing machine • Residential dishwasher replacement with a US DOE Energy Star labeled residential dishwasher Expenses eligible for reimbursement are the out-of-pocket cost of the device and its installation only, not to include any owner labor costs. In addition, new construction and new developments are ineligible, as this program is intended as a current infrastructure replacement program. Application Process • Applicants must be served by a municipal public water supply system • Municipalities will submit Met Council supplied application form by March 29, 2024. Required information includes: o the municipality’s rebate or grant program design and work plan o proposed examples of communications to property owners o requested total grant amount o estimated annual amount of water saved by the applying municipality • Application form is available at: https://metrocouncil.org/Wastewater-Water/Funding-Finance/Available- Funding-Grants.aspx • Submit competed application to: henry.mccarthy@metc.state.mn.us • Metropolitan Council will notify municipalities of grant awards by May 24, 2024. Proposal Selection Criteria In the event that funds requested exceed funds available, the following criteria will be used to determine the amount granted to a given municipality: • Municipalities with identified water supply issues in Master Water Supply Plan Community Profiles or Local Water Supply Plans • Municipalities’ ratio of peak monthly water use to winter monthly water use • Municipalities’ average residential per capita water use • The order in which applications are received and until grant funds are completely committed Funding Process and Reporting Requirements • Utilizing forms provided by Met Council, the following information must be reported on a quarterly basis: o Number, type and amount of rebates or grants provided to property owners, along with each property address o Estimated annual gallons of water saved per device installation o Municipality matching funds disbursed o Number of unmet funding requests from property owners, if any Page 38 of 532 4 • Upon review and confirmation of the above information, Met Council will process a grant payment in the amount of 80% of approved total rebates or grants for the reporting period. • Met Council will provide confirmation of grant balances available upon request and reserves the right to amend grant agreements, in collaboration with grantee municipality, if quarterly reporting indicates rebate or grant programs will not fully utilize grant awards within the Grant Activity Period. Qualified Activities • Toilet replacement with a US EPA WaterSense labeled toilet: https://lookforwatersense.epa.gov/products/Product-Search-Results-Toilets.html • Irrigation controller replacement with a US EPA WaterSense labeled controller, either weather-based or soil moisture-based: https://lookforwatersense.epa.gov/products/Product-Search-Results-IrrigationController.html https://lookforwatersense.epa.gov/products/Product-Search-Results- SoilMoistureBasedIrrigationController.html • Irrigation spray sprinkler body replacement with a US EPA WaterSense labeled spray sprinkler body: https://lookforwatersense.epa.gov/products/Product-Search-Results-Sprinkler.html • Irrigation system audit by an Irrigation Professionals certified by a US EPA WaterSense program: https://lookforwatersense.epa.gov/pros/ • Showerhead replacement with a US EPA WaterSense labeled showerhead: https://www.epa.gov/watersense/showerheads • Clothes washing machine replacement with a US DOE Energy Star labeled clothes washing machine: https://www.energystar.gov/productfinder/product/certified-clothes-washers/results • Residential dishwasher replacement with a US DOE Energy Star labeled residential dishwasher: https://www.energystar.gov/products/dishwashers Determining Estimated Water Savings Some manufacturers include annual water savings estimates in their device descriptions or specifications, and irrigation professionals report estimated savings after performing an irrigation system audit. In cases where estimated annual water savings are not provided or can’t be found, the WaterSense and Energy Star websites have information on estimated water savings. • Toilet: https://www.epa.gov/watersense/residential-toilets • Irrigation controller: https://www.epa.gov/watersense/watersense-labeled-controllers • Spray sprinkler body: https://www.epa.gov/watersense/spray-sprinkler-bodies#:~:text=WaterSense%20Savings,- Page 39 of 532 5 Experts%20estimate%20that&text=Installing%20WaterSense%20labeled%20spray%20sprinkler,water %20and%20sewer%20costs%20annually. • Irrigation audit: https://www.epa.gov/watersense/irrigation-pro • Showerhead: https://www.epa.gov/watersense/showerheads • Clothes washing machine: https://www.energystar.gov/products/clothes_washers#:~:text=ENERGY%20STAR%20can%20help%2 0families,less%20water%20than%20regular%20washers. • Residential dishwasher: https://www.energystar.gov/products/dishwashers Reporting Example Property Street Address and Zip Code (Select) Property Type: (Select) Water Device Replaced: Cost per Device ($): # of Devices: Rebate or Grant per Device ($) Est. Annual Water (Gallons) Saved Per Device: Total Rebate or Grant Municipality Contribution: Eligible Grant Amount Estimated Annual Water Saved (Gallons): 2094 Proviso Avenue Residential Clothes Washer $800.00 1 $200.00 5,000 $200.00 $40.00 $160.00 5,000 3452 Enola Drive Residential Irrigation Controller $250.00 1 $150.00 20,000 $150.00 $30.00 $120.00 20,000 994 Argentine Place Residential Irrigation Controller $200.00 1 $150.00 20,000 $150.00 $30.00 $120.00 20,000 5377 Shoreham Way Residential Toilet $350.00 1 $125.00 7,000 $125.00 $25.00 $100.00 7,000 Calculated Totals: Page 40 of 532 6 EXHIBIT C Revision # METROPOLITAN COUNCIL ENVIRONMENTAL SERVICES 2022-2024 CLEAN WATER FUND WATER EFFICIENCY GRANT PROGRAM GRANT AMENDMENT FORM NOTICE TO RECIPIENT: Submission of this form is required to modify the Maximum Grant Amount in your Grant Agreement with Metropolitan Council 2024-2026 Clean Water Fund Water Efficiency Grant Program (Grant Program). After determination of your city’s Maximum Grant Amount, completion and submission of this form is necessary when 1) you are requesting additional grant funds to meet unexpected rebate or grant demand, or 2) when your city has determined that the previously approved program’s rebate or grant demand will not be met, requiring less grant funds than anticipated when the agreement was signed. The process for modifying your Grant Agreement is as follows: 1. Your city’s authorized representative submits one signed copy of Exhibit C to the Met Council, with any additional information requested by Met Council. 2. Upon receipt and any Met Council approval of signed Exhibit C, the Met Council’s authorized representative will obtain Met Council authorized signatures returns a fully executed copy of Exhibit C indicating the new Maximum Grant Amount to City’s designated authorized representative. --------------------------------------------------------------------------------------------------------------------------------- Instructions: Indicate the date of your change request in #1 box. Indicate the number of this particular change request in #2 box (and in box at top of page – must match). Enter the current grant agreement amount (as MCES approved) in #3 box. If you wish to increase your municipality’s grant amount, enter the amount you are requesting in #4 box. If you wish to decrease your grant amount due to less demand than anticipated, enter the amount in #5 box. Enter in #6 box the amount derived from adding #3 to #4 or derived from subtracting #5 from #3. Grant Agreement # 1. Date of change request: Page 41 of 532 7 2. Change request number: 3. Current Grant Agreement Amount (as MCES approved): 4. Increase due to request for additional funding: 5. Decrease due to less demand: 6. Amended Maximum Grant Agreement Amount requested: CITY NAME:______________________________________________________________________________ CITY AUTHORIZED REPRESENTATIVE (signature and date): METROPOLITAN COUNCIL PROGRAM ADMINISTRATOR APPROVAL (signature and date): __________________________________________________________________________________________ METROPOLITAN COUNCIL AUTHORIZED SIGNATURE AND DATE __________________________________________________________________________________________ --------------------------------------------------------------------------------------------------------------------------------------- Questions may be directed to the Met Council Authorized Representative: Page 42 of 532 Date: 6/17/2024 Resolution Accepting Lakeville Public Safety Foundation Donation to the Lakeville Police Department for Community Engagement Proposed Action Staff recommends adoption of the following motion: Move to accept a donation of $8,100 from the Lakeville Public Safety Foundation for 2024 community engagement initiatives. Overview The Lakeville Public Safety Foundation donated funds to the Lakeville Police Department for 2024 community engagement activities. Specifically, the money is designated to go towards a Youth Citizen's Academy, Cops and Bobbers event, summer and fall visits to multi-unit housing complexes, LPD Reading Squad program and our 2025 Citizen's Academy. With Lakeville's steady growth, many of our residents are new to the community and are locating from other communities where residents may have limited trust in their police departments. It is important for us to be intentional in creating opportunities for our officers to interact with these individuals and families outside of calls for service. With outreach through positive engagement, we will facilitate a sense of welcoming, belonging and inclusion. The Lakeville Police Department appreciates the continued support of the Lakeville Public Safety Foundation in seeing significant value of our community endeavors and supporting them. Supporting Information 1. LPSF CET Donation - 2024 FINAL Financial Impact: $8,100 Budgeted: No Source: Donation Envision Lakeville Community Values: A Sense of Community and Belonging Safety Throughout the Community Report Completed by: Chief Brad Paulson Page 43 of 532 CITY OF LAKEVILLE RESOLUTION NO._________ RESOLUTION ACCEPTING LAKEVILLE PUBLIC SAFETY FOUNDATION DONATION TO THE LAKEVILLE POLICE DEPARTMENT FOR COMMUNITY ENGAGEMENT WHEREAS, MN Statute 465.03 requires cities accept donation for the benefit of its citizens in accordance with the terms prescribed by the donor; and WHEREAS, the city of Lakeville's Police Department has received a grant or donation of money, goods or property from the Lakeville Public Safety Foundation in the amount of $8,100; and WHEREAS, the grant or donation is beneficial to the department; and WHEREAS, the additional revenue received may require the City to incur additional expenditures in order to comply with grant agreements and restricted donations. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lakeville, Minnesota that the grant or donation is hereby officially accepted and acknowledged with gratitude to the donor; and BE IT FURTHER RESOLVED that City staff is authorized to amend the budget to comply with grant agreements and restrictive donations. _________________________ Luke M Hellier, Mayor _________________________ Ann Orlofsky, City Clerk Page 44 of 532 ? )$'#)%%!)$#1::::::::::::::::::::::::: *")!)'$#!!.)$1#$;!%("#2$' $'(#$%.)$1 22$-?C@D +!!0 CC>BB "$$'#/)$# '(( $# - () "$)-*)+ )! $# 3"! "$$#))'($# )! $# 3"! (.$*'$'#/)$## C>?898A9#$)3$'3%'$)4 ::::::::::(::::::::::: $ #$0 (.$*'#.%*!#.7$+5)4 ::::::::::(::::::::::: $ #$0 ,)*#'$')!($#*(#(! #)(#!()#"#'(($(!#)1 :::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: :::::::::::::::: " (!#)5( = :::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: '(( '#)%%!)$# Lakeville Police Department 9237 183rd Street West, Lakeville, Minnesota 55044 952-985-2800 952-985-4899 Chief of Police 952-985-4801 Mora Thomas Admin Asst 952-985-2801 mthomas@lakevillemn.gov X X Brad Paulson bpaulson@lakevillemn.gov 28 March, 2024 Page 45 of 532 @ ')#-*)+(*""'.))('($,)('#),!!!%) ! +)("(($#6 !(#!*)$!!$,#1 •'('%)$#$)%'$) •-%)$*)$"( •$)%'$)('+(#,.)("%$')#) • $,)*#(,!!(%#) $!!'"$*#)'&*()1<::::::::::::: $)!##*!$'#/)$#*)1 <:::::::::::::::::::::::::::: $)!%'$)*)1 <:::::::::::::::::::::::::::: " !"$ •)).$*'"(($##$!( •*""'/.$*'$'#/)$#5(()$'. •*)!#)$'#/)$#5(*''#)%'$'"(#)+)( • !))'#)$"%!("#)( #$ • % #).)%'$!")$'((#)#()$").)%'$)2) *#&*('+(,$*!)$""*#).%'+$.$*$#$)*#') )(%'$)4 • & %(')$!(#$+'!!"%)$)%'$)$'%'$'"2 • & %('.$*'%'$'"$)+('!)#)$)('#)%%!)$#0)+)(0 ()')(0)"!#(#-%!#$,)'#),!!#!.$*)$'(()%'$!"$'#2 ()( #,$'$#)#*#%'$)4 • %+',)%'$$)",!!)*#(*)!/4 •"% *"'$#+*!()$#)'$"*#(2 %(')%'$%$(%'$'"7%'$)$*)$"(2)$*)$"($.$*,#))$%'$*.) #$)'#%'$4 $,$)($*)$"((*%%$')) %*)!#.$*'%!#)$$*"#)%'$'((#'(*!)(2 $,,!!.$*"(*'-%) $*)$"(#))+#(($.$*')+)(4 '#)%%!)$#(,!!'+,,)#D>.($'%)2 *()$#(4!($#))##$'!)))#$;!%("#2$'$'D?@3EGG3FAEC 8,100.00 Page 46 of 532 While every member of our department has a role in positive interactions with the community, we have 20 members of our department who are part of a team focused on improving our engagement and outreach. That team is known as the Community Engagement Team (CET). Thanks to the generosity of LPSF, Lakeville Police Department’s CET was able to hold several community engagement events in 2023. The events continued to strengthen our positive relationships with Lakeville residents, which is more important than ever as we face the challenges of a nation still struggling with law enforcement trust. Unfortunately, because CET funding was not approved in the 2024 budget, we don’t have the resources to accommodate the same events we held, or any possible new events. We’re hoping that LPSF might again provide grant funds to allow our department further opportunities to connect with Lakeville individuals and families. With outreach through positive contacts, we will facilitate a sense of welcoming, belonging and inclusion. CC i t i zen’s Academy -January, 2025 We just completed the 2024 academy and graduated 15 members from the Lakeville community! The 2024 participants were actively engaged throughout the eight-week program as they learned about a variety of law enforcement topics. The teaching styles included lectures, PowerPoint presentations, scenario based training and hands-on learning. Each participant also had the opportunity to do a five-hour ride-along with a Lakeville Police Officer. An LPSF Grant of $3,000.00 would cover all necessary costs for the Academy, including supplies, an Academy graduation gift, snacks and beverages, meals, and the Hero Center or MILO scenario simulator. Youth Ci t i zen’s A c ademy LPD is interested in fostering positive relationships with our teenage population. One step towards this is a Youth Citizen’s Academy. Not only would this help to engage some of Lakeville’s youth, but we could also direct it to those interested in a law enforcement career which would help to bolster the profession. We envision the program being an abbreviated version of our Citizen’s Academy, commencing in the fall. It would include topics such as investigations, K-9, forensics, and specialty vehicles among others. The class could be held consecutive Saturdays, 9:00am-12:00pm. Page 47 of 532 Our grant request for this event is $1,800.00 and includes supplies, an Academy graduation gift, snacks and beverages, and a meal. MMulti-Ho using Vis i ts (S um m e r /Fa l l Months) Our department recognizes there is more we should be doing to reach out to our lower-income residents. We have many resources and programs available for us to assist those in need but encounter only a fraction of those who would benefit the most. Sometimes this is due to pride or a lack of trust, but oftentimes, police are not seen as a means of help. If we can gain the trust of members of the lower income communities, we will be in a better position to set up those in need with a plethora of resources we have available to help them. For 2024, we have five (5) multi-housing visits planned to include locations such as Queen Anne and Ardmore housing communities. For these events, officers go to the multi-housing communities and hand out custard and host a free raffle of gift cards. Officers visit with families and are available to answer any questions. Our grant “ask” for this event is $800.00. The projected costs follow: x Culvers Custard 100 each/visit = $0.00 (Mike Budde has sponsored custard previously) x Gift cards for raffles = $800.00 (8 each visit @ $20 per card) LPD Reading Squad In support of youth literacy and fostering better community relations between police officers and Lakeville’s underserved population, LPD aims to work with ISD 194 personnel to identify at-risk youth, grades 3-5, to interact with and read to children. Introducing the Platypus Police Squad book series, up to 15 students per session with a maximum of 2 sessions would be invited with a family member to visit with us at LPD. During that visit, the students would be given a tour of the PD and then one of our Command Staff would bring the group together for a brief read-aloud session. Each child will receive the book to take home, an activity sheet, and light refreshments. We intend to hold the events in the fall, coinciding with back-to-school. Our grant request for this event is $500.00. The projected costs follow: x 30 books (Platypus Police Squad Series @ $13.99/each = $449.60 x Light refreshments = $50.00 Page 48 of 532 CC o p s & Bobbers Most of us have experienced how fun it was to catch a fish as a kid! LPD’s Cops & Bobbers program would be an effort to build relationships with children in the community. We could get kids outdoors and teach them a lifelong hobby. Our program would run for two sessions in June at Lake Marion. It would be targeted to ages 8- 12. Kids will learn fishing skills such as hook baiting, casting lines, and catching fish. They’ll also get to spend some time with officers and get a close-up look at police squad cars. Registration would be required for the free event, up to 20 children per session. Fishing polls, bait and tackle would be provided. At the end of each session, the child would get to take his/her fishing rod home as well as an LPD Cops & Bobbers tee. A grant of $2,000.00 would cover the rod, tackle, bait, and t-shirts. Lakeville Police Department C o m m uni t y E nga gem e nt T eam 2024 G rant Reques t Summa ry Citizen’s Academy $ 3,000.00 Youth Citizen’s Academy $ 1,800.00 Multi-Housing Visits $ 800.00 LPD Reading Squad $ 500.00 Cops & Bobbers $ 2,000.00 $$ 8,100.00 To support all the listed LPD Community Engagement programs for 2024, we graciously request a total amount of $8,100.00. Thank you for your consideration of each of these proposed initiatives. We are very appreciative of the Lakeville Public Safety Foundation and everything you do for us to help us make a difference in the community! Page 49 of 532 Date: 6/17/2024 Agreement for the 2024/25 AmeriCorps Climate Impact Corps member Proposed Action Staff recommends adoption of the following motion: Move to approve Service Agreement for the 2024/25 AmeriCorps Climate Impact Corps term with the City of Lakeville’s Forestry Division. Overview The City of Lakeville Forestry Division has been awarded an AmeriCorps Climate Impact Corps Member for the 2024/25 service term. The City has had three successful member terms between 2021 and 2024 through this program. Members service an 11-month term working directly with city staff and the community. Past and current members have provided valuable support to the City’s work in areas including emerald ash borer management, tree inventory collection, Arbor Day tree planting event planning, community outreach and education, and tree care. In addition, members gain professional experience and training in the forestry field. The Climate Impact Corps is supported by Ampact, who provides the member and City staff training and ongoing support throughout the service term. As part of the agreement, the city provides office space, access to a computer and phone, and use of a city vehicle during working hours. All other expenses including pay and other benefits are covered by the AmeriCorps program. Past and current members have been valuable additions to the forestry team and a great resource for the residents of Lakeville. Supporting Information 1. Agreement Financial Impact: City only provides office space, computer, and access to City vehicle during business hours. Budgeted: Yes Source: Forestry Envision Lakeville Community Values: Good Value for Public Service Report Completed by: Zachary Jorgensen, City Forester Page 50 of 532 Site Agreement The purpose of this Agreement is to establish the basic parameters of the Service Site’s participation in AmeriCorps with Reading & Math, Inc. DBA Ampact (“Ampact”), a Minnesota nonprofit corporation, for the 2024-2025 program year. Ampact administers AmeriCorps programs that provide AmeriCorps members as a resource. This Agreement is valid through July 31, 2025. Parties to this Agreement: Ampact and hereafter referred to collectively as “Service Site” A. Definitions: 1. AmeriCorps programs: Reading Corps, Math Corps, Early Learning Corps, Recovery Corps, Climate Impact Corps, Heading Home Corps, Public Health Corps, Language Corps, Resettlement Corps, Summer Impact Corps, and any other AmeriCorps program administered by Reading & Math, Inc. are AmeriCorps programs. AmeriCorps is a national service program that engages people in a commitment to service in meeting needs in their local communities. 2. AmeriCorps Member. Individual who makes a commitment to serve for one term through Ampact in a specific AmeriCorps member position, as listed in the Addendum. AmeriCorps members are not employees or volunteers; they are completing service and should be referred to as a “member”. 3. Service Site. This is the partner organization that hosts an AmeriCorps member to perform their service activities as outlined in their position description. 4. Internal Coach and/or Site Supervisor. Designee of the partnering Service Site who provides regular on-site supervision to ensure AmeriCorps program objectives are met and AmeriCorps regulations are upheld. 5. Program Staff. Any employee of Ampact who provides oversight and management for the AmeriCorps program including member recruitment and management, site relationship management, coaching, expertise or specialized knowledge related to DocuSign Envelope ID: 9AF0A449-46EB-4ACD-95F5-8F11303FEE80 5254 - City of Lakeville, Lakeville, Minnesota 55044 Page 51 of 532 program content, and compliance with AmeriCorps regulations. 6. AmeriCorps. Federal agency that administers and directs funding for all AmeriCorps programs. Hereafter referred to as “AmeriCorps”. AmeriCorps the agency was formerly known as the Corporation for National and Community Service, and may be referred to as “CNCS” or “the Corporation” in select federal policies B. Early termination: Either party to the Agreement can cancel the Agreement in writing at any time for any reason upon 30 days notice. However, at Ampact’s discretion, the Service Site’s failure to comply with the terms and conditions of this Agreement may result in forfeiting of the Service Site’s awarded members for the current program year and immediate termination of this Agreement. DocuSign Envelope ID: 9AF0A449-46EB-4ACD-95F5-8F11303FEE80 Page 52 of 532 TERMS AND CONDITIONS OF AGREEMENT 1) Commitment to the Program Objectives and Model: The Service Site and Ampact commit to implement the program objectives and models, articulated in the program descriptions attached and incorporated into this Agreement as addenda (“Addenda” or “Addendum”). 2) AmeriCorps Service Environment a) Service site location: Service Sites must have a physical site location in the geographic community where service is to occur with regular on-site supervision. “Remote service” and “virtual service sites” are not permitted by Ampact and AmeriCorps policy. “Virtual service sites” refer to organizations that do not have a physical location. “Remote service” is defined as an arrangement in which an AmeriCorps member does not reside within the commuting area of the geographic community where the service is to occur and is not expected to be physically present at the Service Site. b) Safe service environment: The Service Site agrees to provide the AmeriCorps member with a safe service environment. The Service Site will ensure members are provided with health and safety materials comparable to that provided to Service Site staff and volunteers. The Service Site will provide training to members on site-specific safety policies and protocols. c) Inclusive Service Site environment: Ampact the diversity of its Program Staff, members, Service Sites, and program participants. Ampact expects Program Staff, members, and Service Sites to contribute to a service environment that is inclusive, respectful, and supportive of diversity. Any decisions or actions made by the Service Site or Ampact or its partner organizations that are not consistent with these expectations will be seen as a breach of this Agreement and any further relationship between Ampact and the Service Site could be terminated. Service Site will provide the AmeriCorps member with a welcoming and inclusive service environment. The Service Site will treat members as part of the staff team, including inviting them to participate in staff activities or workshops, including in staff communication (e.g., adding to a staff email list), listing in staff directory, providing a name badge if needed, etc. Service Site staff will introduce member at a staff meeting or similar setting. d) Service Site staff engagement: Service Site will educate its staff about the purpose of the member position and AmeriCorps program(s), with support from Program Staff as needed. Leadership at the Service Site should be strong advocates for AmeriCorps program(s) to garner staff support and buy-in. e) AmeriCorps signage: Service Site will post an AmeriCorps sign provided by Ampact in a visible location, such as a front office, lobby, or other area frequented by visitors or the public, to identify the organization as an AmeriCorps service site. f) Prohibited Activities: Service Site will post the full list of Prohibited Activities provided by Ampact in the member’s workspace. DocuSign Envelope ID: 9AF0A449-46EB-4ACD-95F5-8F11303FEE80 Page 53 of 532 g) Non-displacement: Service Site will ensure an AmeriCorps member is not used to displace an employee or paid position (see “Federal Policies” section of this Agreement). Examples of inappropriate service may include but are not limited to substituting or filling in for paid staff, inclusion in a staff to student/participant ratio, and administrative work not related to the AmeriCorps program. h) Accessibility: Service Site must be accessible to people with disabilities. i) Reasonable accommodations: In accordance with the Americans with Disabilities Act, any member with a disability known to Ampact may request a reasonable accommodation to enable performance of the essential functions of the AmeriCorps position. When this occurs, Ampact makes individualized decisions based on cooperative communications with the member and the Service Site. The Service Site shall work cooperatively with Ampact to facilitate this process as needed. j) Computer/device access and liability: Ensuring compliance at all times with the terms and conditions of Paragraph 5 (Data Management and Privacy) below, the Service Site shall provide members with access to a computer or other electronic device as follows: i) Members must have access to a computer or equivalent device beginning on their first day of service with a suite of office tools (Microsoft, Google, etc.), web camera, and Internet for program-related purposes (i.e., completing training, completing time sheets, entering participant data in an online database, checking program email, etc.). ii) The device used by the member must have a modern web browser (Chrome, Firefox, Safari, or Microsoft Edge) installed in either the browser’s current or next most recent version and should operate at a speed at least on par with computers used by Service Site staff. Any firewall software in use must permit unhindered and unrestricted access to all websites necessary for completing required program-related tasks and reviewing online training materials. iii) Service Sites are encouraged to issue an email address to the member. This is required if common email providers are blocked at the Service Site. iv) Portable devices (1) Any portable device issued to a member by the Service Site shall be solely on the basis of a written technology Agreement defining the terms of use, including at least: whether and when the device can be transported out of the Service Site, procedures to be followed in the event of loss of the device, and any specific data protection requirements. (2) By execution of this Agreement, the Service Site agrees to cleanse the device of confidential data as defined in Paragraph 5) below. At the request of Ampact, the Service Site will provide written assurance that the device has been cleansed of confidential data as defined in Paragraph 5) below. (3) During and following the term of service, the Service Site shall bear the full risk of loss of any such device or its data. k) Workspace: Service Site will provide members with a workspace necessary to complete all required service activities. In programs where members are providing direct services to participants and/or students, the Service Site will provide a reasonable and quiet workspace to DocuSign Envelope ID: 9AF0A449-46EB-4ACD-95F5-8F11303FEE80 Page 54 of 532 work with individuals, including access to a locked drawer to store confidential participant data. l) Materials, Supplies, and Equipment: Ampact provides any instructional resources and manuals required by AmeriCorps members to understand and implement the program model(s). The Service Site will provide any materials, supplies, and/or equipment used by the member in carrying out service activities at or on behalf of the Service Site, including but not limited to photocopies, office supplies, and specialized equipment. m) Drug-Free Workplace Act: Pursuant to the Drug-Free Workplace Act of 1988, Ampact is committed to maintaining a drug and alcohol-free environment. Members are prohibited from the illegal use, manufacture, sale, dispensation, distribution, or possession of illegal drugs, controlled substances, narcotics, or alcoholic beverages on Ampact premises, Service Sites, or while traveling in an official capacity. Service is conditioned upon compliance with this policy. Ampact requires that each member engaged in the performance of a federal grant shall, as a condition of service under the grant, abide by the terms of this policy and shall notify Program Staff in writing of any criminal drug charge, arrest, or conviction occurring during service no later than five (5) days after such charge, arrest, or conviction. Upon receiving notice or otherwise learning about the charge, arrest, or conviction Ampact will notify appropriate Federal- contracting agency within ten (10) days. Within 30 days of receiving such notice, Ampact will (1) take disciplinary action up to and including exit for cause consistent with AmeriCorps rules regarding termination and suspension of service, or (2) require the member to satisfactorily participate in an approved drug treatment program. Ampact shall make a good faith effort to continue to maintain a drug-free workplace through implementation of this policy. [Reference: 41 U.S.C. § 701 et seq.] 3) Member Award, Recruitment, and Hiring a) Member Award: Service Site has been awarded AmeriCorps members by Ampact. An award refers to the number and type of AmeriCorps member(s) that have been approved for placement at the Service Site. Award details are communicated via email. The fulfillment of the award is contingent upon successful recruitment of AmeriCorps member(s) and is not a guarantee of AmeriCorps member placement. The award may be changed by request of the Service Site or Ampact or through the enforcement of this Agreement's terms. Changes will be communicated in writing. b) Recruitment: The Service Site will work in collaboration with Program Staff to recruit and fill its positions by the deadlines set by Ampact. The Service Site will utilize recruitment materials provided by Ampact. Individuals should be directed to apply on Ampact’s website. c) Interview and Selection: Program Staff will screen all applications, conduct interviews, and manage offers for all candidates. Program Staff have the responsibility and authority to extend an offer for a position to an applicant. Program Staff make the final decision regarding the selection of members. Ampact will not discriminate for or against any AmeriCorps service member or applicant on the basis of race, DocuSign Envelope ID: 9AF0A449-46EB-4ACD-95F5-8F11303FEE80 Page 55 of 532 color, national origin, gender, age, religion, sexual orientation, disability, gender identity or expression, political affiliation, marital or parental status, familial status, military service, or any other category protected by law. d) Background checks: Member service is contingent upon successful completion of a three-part federally mandated background check (FBI, state repository, and sex offender registry checks). Ampact will conduct and pay for a thorough background check on each applicant prior to their official acceptance into the program. Ampact will notify Service Sites if the applicant did not clear the background check according to Ampact AmeriCorps policy. Actual results of the background check will not be shared with Service Sites without written permission from the applicant. Background check results will not be shared with the Service Site where prohibited by law. Service Sites must indicate in this Agreement if it intends to conduct its own additional background check. The Service Site assumes all responsibility for costs associated with additional background checks. A member may not be asked to pay for the cost of a background check. More information about required background checks can be found at ampact.us/background. e) Transferring members: Ampact reserves the right to transfer members from one Service Site to another Service Site in circumstances in which Ampact requirements are not being fulfilled. Other situations may arise which will require Ampact to transfer a member on a case-by-case basis. f) Member Employment: Service Site may not hire/employ its member (or a member currently serving at another Service Site) during the member’s term of service. Members may not participate in paid employment at their Service Site while simultaneously enrolled as an AmeriCorps member (excluding positions in a Professional Corps grant). The Service Site is to make every reasonable effort to support a member in the successful completion of their program's term of service. In the event the Service Site violates this policy, Ampact reserves the right to recover all costs associated with the recruitment, selection, placement, and training of the AmeriCorps member. 4) Member Management and Supervision a) Internal Coach and/or Site Supervisor: The Service Site must designate a person(s) to be the Internal Coach and/or Site Supervisor, who will provide regular, on-site support and supervision to the AmeriCorps member(s). If this person is not designated prior to the member starting, the site Administrator/Director of the Service Site assumes responsibility for this role until an Internal Coach/Site Supervisor is named. The Internal Coach/Site Supervisor cannot be an AmeriCorps member. The Service Site must allow sufficient time for Internal Coach/Site Supervisors to fulfill their program responsibilities, including completing required training and attending scheduled meetings. The time commitment is approximately 6-9 hours per month to support each member, plus required training. DocuSign Envelope ID: 9AF0A449-46EB-4ACD-95F5-8F11303FEE80 Page 56 of 532 If the designated Internal Coach/Site Supervisor is not able to complete the program year (e.g., they take a leave of absence from their position at the site), the Service Site is required to designate someone to be the Internal Coach/Site Supervisor for the remainder of the program year. The duties of the Internal Coach and/or Site Supervisor include: i) On-site orientation: Provide an on-site orientation for the AmeriCorps member. This will include a tour of the building(s), explanation of site policies (including dress code, safety procedures, and data confidentiality), site expectations for the member, etc. This orientation should include setting a schedule for regular check-in meetings with each member. ii) Member Safety: In the event of a disaster or emergency that requires the closure of the Service Site (i.e. public health emergency, bomb threat, fire, severe weather, burst water pipe, teacher strike, etc.), the Internal Coach/Site Supervisor is responsible for notifying Program Staff immediately so that Ampact can enact an alternative service plan for the member. iii) Member time sheet approval: Establish a sign-in and sign-out procedure on-site to verify hours served by the member. Review and approve member time sheets every two weeks by the deadline. If a member’s time sheet is not approved by the deadline for the pay period, the member’s living allowance may be delayed until the following pay period and the time sheet is approved. iv) Set member schedule: Develop a schedule with the member that includes: (1) The ability to serve a minimum weekly number of hours that aligns with the member’s commitment as stated in their Member Service Agreement. See the program-specific Addendum for details. (2) A full caseload of participants as defined by Ampact, where applicable. (3) Adequate time for data entry and regular meetings with the Internal Coach/Site Supervisor. (4) Time to attend all required training and/or events. v) Data checks: Review data collected by members on a regular basis to ensure accuracy and complete reporting of services provided. Internal Coaches/Site Supervisors can determine the most convenient method for themselves to monitor data collection. vi) Performance management: Set clear expectations for the member at the start of their term, provide ongoing feedback on their performance, and immediately communicate any performance concerns to Program Staff. Work closely with Program Staff and Service Site Administrators/Directors (if applicable) if disciplinary action is needed. Members are expected to adhere to site policies regarding issues such as confidentiality, safety, dress code, attendance, etc. The Service Site does not have the authority to terminate a member but can request that Program Staff enact Ampact’s performance management procedure. The Internal Coach/Site Supervisor is DocuSign Envelope ID: 9AF0A449-46EB-4ACD-95F5-8F11303FEE80 Page 57 of 532 responsible for providing documentation required for the member’s personnel file as part of the performance management procedure. vii) Training completion: Complete required training as scheduled by Ampact. viii) Program site visits: Participate in visits and meetings with Program Staff. b) Member training: Ampact provides members with training on the basic knowledge and skills necessary to complete the essential functions of their service position. Program Staff will coordinate the program-specific training required for members and Internal Coaches/Site Supervisors. The Service Site will include members in relevant on-site training and/or staff meetings; any expenses related to this training are paid for by the Service Site. c) Meetings and site visits: Program Staff will conduct meetings and/or site visits, as needed, during the year with members and contacts of the Service Site. d) Monitoring Program requirements: Program Staff will track and monitor each member’s progress in completing program requirements and provide timely updates to the Internal Coach/Site Supervisor to ensure members will complete all program requirements, including required service hours, by the end of their term of service. e) Member personnel file: Ampact is responsible for completing and maintaining a personnel file for each member, which includes all required documents (member eligibility documentation, time sheets, disciplinary action, performance evaluations, etc.). f) Member benefits: Ampact is responsible for administering and overseeing the member benefits (as applicable), including living allowance, education award, health insurance, federal student loan forbearance, child care reimbursement, and any additional benefits for which the member qualifies. g) Injury, Worker’s Compensation, and Accidental Death & Dismemberment: Ampact will cover AmeriCorps members under a Worker’s Compensation or Accidental Death & Dismemberment policy as required by state law. Members who sustain service-related injuries or illnesses must inform Program Staff within 24 hours and complete all requested documentation. All injuries, no matter how minor, must be reported by the member immediately to determine benefit eligibility in a timely manner. h) Conflict resolution: Program Staff work together with Service Site staff, including the Internal Coach/Site Supervisor, in resolving any member issues or conflicts with the program. 5) Data Management and Privacy a) Data management systems: Ampact will provide a secure, online data management system for tracking service activities. b) Participant Data: In programs providing direct services to participants, the Service Site will support members in collecting data for participants who receive services from Ampact, as DocuSign Envelope ID: 9AF0A449-46EB-4ACD-95F5-8F11303FEE80 Page 58 of 532 detailed in the program-specific addendum. When participant data is collected, this data is maintained online in a secure, data-privacy-compliant system. Service Sites are responsible for completing data management system training and monitoring their members’ reports to ensure data is submitted regularly and accurately. c) Data Privacy: Ampact is required by law to protect the confidentiality of Personally Identifiable Information (“PII”) that is collected or made available due to the nature of the AmeriCorps program. This information includes, but is not limited to, the PII of AmeriCorps members, Service Site staff, or program participants. PII is defined as any information, physical or electronic, about an individual that can be used to distinguish or trace a person’s identity, including but not limited to name, social security number, date and place of birth, mother’s maiden name, education, financial transactions, medical, criminal and employment history, biometric records, and any other personal information that is linked or linkable to an individual. Protecting PII includes establishing procedures to prepare for and respond to a breach of confidentiality. “Breach” is defined as: loss of control, compromise, unauthorized disclosure, unauthorized acquisition, unauthorized access, or any similar situation where persons other than authorized users and for other than authorized purpose have access or potential access to PII. Ampact protects the confidentiality of PII by:  Designating a PII Security Coordinator;  Identifying the types of PII that we collect, the places where it is stored, and the service providers with whom it is shared;  Documenting policies and procedures in place to protect PII, regardless of where it is stored;  Identifying and documenting realistic risks to the security, confidentiality, and integrity of PII; and,  Following those procedures in the event of a breach. Program Staff must be notified immediately if any representative of the Service Site suspects a breach of confidentiality related to the execution of the activities outlined in this Agreement. 6) Grievance Procedure: The Service Site will inform Ampact, in writing, of any instance in which the Service Site wishes to initiate the grievance procedure that is maintained by Ampact. The specific grievance must be cited to initiate the process. Concerns should be reported as early as possible. Formal grievances must be presented in writing within one year of the date of the disputed events. In the case of a grievance that alleges fraud or criminal activity, it must immediately be brought to the attention of the AmeriCorps Inspector General at https://www.americorpsoig.gov/ or by calling 1- 800-452-8210. 7) In-Kind Contribution Reporting: Ampact may be required to collect information from the Service Site about non-monetary (in-kind) contributions to Ampact to fulfill federal funder obligations. In-kind contributions are required to eliminate or reduce Service Site fees for participation in the program. DocuSign Envelope ID: 9AF0A449-46EB-4ACD-95F5-8F11303FEE80 Page 59 of 532 The site’s in-kind contribution is required for Ampact to operate and includes, but is not limited to, the monetary value of the space, supplies, and staff involved in operating the program. When necessary, the Service Site will complete an in-kind contribution report for space and supply contributions once each program year. Space and supply contributions may include, but are not limited to, workspace, office furniture, phone/Internet, computer, tablet, or other devices, office supplies, or any other supplies or equipment regularly used by the member to conduct their service. When necessary, the in-kind contribution of staff time will be collected regularly for Internal Coaches/Site Supervisors or other staff who dedicate time to the program. The value of the contribution will be calculated by the number of hours staff dedicate to the program multiplied by the staff member’s hourly wage based on salary and/or benefits provided by the Service Site. DocuSign Envelope ID: 9AF0A449-46EB-4ACD-95F5-8F11303FEE80 Page 60 of 532 FEDERAL POLICY: PROHIBITED ACTIVITIES FOR AMERICORPS MEMBERS AmeriCorps members may not engage in the below activities directly or indirectly by recruiting, training, or managing others for the primary purpose of engaging in one of the activities listed below per 45 CFR 2520.65. A. While charging time to the AmeriCorps program, accumulating service or training hours, or otherwise performing activities supported by the AmeriCorps program or the Corporation, staff and members may not engage in the following activities: 1. Attempting to influence legislation; 2. Organizing or engaging in protests, petitions, boycotts, or strikes; 3. Assisting, promoting, or deterring union organizing; 4. Impairing existing contracts for services or collective bargaining agreements; 5. Engaging in partisan political activities, or other activities designed to influence the outcome of an election to any public office; 6. Participating in, or endorsing, events or activities that are likely to include advocacy for or against political parties, political platforms, political candidates, proposed legislation, or elected officials; 7. Engaging in religious instruction, conducting worship services, providing instruction as part of a program that includes mandatory religious instruction or worship, constructing or operating facilities devoted to religious instruction or worship, maintaining facilities primarily or inherently devoted to religious instruction or worship, or engaging in any form of religious proselytization; 8. Providing a direct benefit to: i. A business organized for profit; ii. A labor union; iii. A partisan political organization; iv. A nonprofit organization that fails to comply with the restrictions contained in section 501(c)(3) of the Internal Revenue Code of 1986 except that nothing in this section shall be construed to prevent participants from engaging in advocacy activities undertaken at their own initiative; v. An organization engaged in the religious activities described in paragraph (7) of this section, unless Corporation funds are not used to support the religious activities; and 9. Conducting a voter registration drive or using Corporation funds to conduct a voter registration drive; 10. Providing abortion services or referrals for receipt of such services; 11. Such other activities as the Corporation may prohibit. In addition to the above activities, the below activities are additionally prohibited: Census Activities. AmeriCorps members and volunteers associated with AmeriCorps grants may not engage in census activities during service hours. Being a census taker during service hours is categorically prohibited. Election and Polling Activities. AmeriCorps member may not provide services for election or polling locations or in support of such activities. AmeriCorps members may not engage in the above activities directly or indirectly by recruiting, training, or managing others for the primary DocuSign Envelope ID: 9AF0A449-46EB-4ACD-95F5-8F11303FEE80 Page 61 of 532 purpose of engaging in one of the activities listed above. B. Individuals may exercise their rights as private citizens and may participate in the activities listed above on their initiative, on non-AmeriCorps time, and using non-Corporation funds. Individuals should not wear the AmeriCorps logo while doing so. DocuSign Envelope ID: 9AF0A449-46EB-4ACD-95F5-8F11303FEE80 Page 62 of 532 FEDERAL POLICIES: SUPPLANTATION, NON-DUPLICATION AND NON- DISPLACEMENT POLICY These policies outline restrictions that govern the use of Corporation for National and Community Service (CNCS) assistance. A. Supplantation: Corporation assistance may not be used to replace State and local public funds that had been used to support programs of the type eligible to receive Corporation support. For any given program, this condition will be satisfied if the aggregate non-Federal public expenditure for that Program in the fiscal year that support is to be provided is not less than the previous fiscal year. [45 CFR 2540.100 (a)] B. Non-Duplication: Corporation assistance may not be used to duplicate an activity that is already available in the locality of a Program. And, unless the requirements of the ‘Non-displacement’ paragraph of this section are met, Corporation assistance will not be provided to a private nonprofit entity to conduct activities that are the same or substantially equivalent to activities provided by a State or local government agency in which such entity resides. [45 CFR 2540.100 (e)] C. Non-Displacement: 1. An employer may not displace an employee or position, including partial displacement such as reduction in hours, wages, or employment benefits, as a result of the use by such employer of a participant in a program receiving Corporation assistance. 2. An organization may not displace a volunteer by using a participant in a program receiving Corporation assistance. 3. A service opportunity will not be created under this chapter that will infringe in any manner on the promotional opportunity of an employed individual. 4. A participant in a program receiving Corporation assistance may not perform any services or duties, or engage in activities, that would otherwise be performed by an employee as part of the assigned duties of such employee. 5. A participant in any program receiving assistance under this chapter may not perform any services or duties, or engage in activities, that- I. Will supplant the hiring of employed workers; or II. Are services, duties, or activities with respect to which an individual has recall rights pursuant to a collective bargaining agreement or applicable personnel procedures. 6. A participant in any program receiving assistance under this chapter may not perform services or duties that have been performed by or were assigned to any- I. Presently employed worker; II. Employee who recently resigned or was discharged; III. Employee who is subject to a reduction in force or who has recall rights pursuant to a collective bargaining agreement or applicable personnel procedures; 7. Employee who is on leave (terminal, temporary, vacation, emergency, or sick); or 8. Employee who is on strike or being locked out. [45 CFR 2540.100 (f)] DocuSign Envelope ID: 9AF0A449-46EB-4ACD-95F5-8F11303FEE80 Page 63 of 532 FEDERAL POLICY: NON-DISCRIMINATION POLICY Ampact does not discriminate in program admission on the basis of race, color, national origin, gender, age, religion, sexual orientation, disability, gender identity or expression, political affiliation, marital or parental status, familial status, military service, or any other category protected by law. Member selection is based solely on an applicant's ability to perform the essential functions of the position in the opinion of Ampact. It is unlawful to retaliate against any person who, or organization that, files a complaint about such discrimination. In addition to filing a complaint with local and state agencies that are responsible for resolving discrimination complaints, you may bring a complaint to the attention of the Corporation. If you believe that you or others have been discriminated against, or if you want more information, contact: Reading & Math, Inc. DBA Ampact 1200 S. Washington Ave, Ste 310, Minneapolis, MN 55415 humanresources@ampact.us or (612) 206-3030 Equal Opportunity Program (EOP) AmeriCorps 1201 New York Ave NW, Washington, DC 20525 Voice: (202) 606-7503; TTY: (202) 565-2799; Email: eo@cns.gov Ampact makes every effort to ensure that service sites have similar non-discrimination policies. Members with questions or concerns about any type of discrimination in their placement workplace are encouraged to bring these issues to the attention of their Internal Coach/Site Supervisor, site contact, and/or Program Staff. If Service Site is found to be engaging in such activities, removal of the current member(s) and denial of future members at that agency may result. Discrimination on the part of AmeriCorps members will also not be tolerated. Anyone found to be engaging in any type of unlawful or harassing discrimination will be subject to disciplinary action, up to and including dismissal from the program. Ampact will not tolerate harassment of any kind. Harassment includes threatening or insinuating that the refusal to submit to sexual advances will adversely affect admission or program benefits. Harassment may also include conduct such as unwanted sexual flirtation or touches; abusive or degrading language; graphic or suggestive comments; or displaying inappropriate objects or pictures. Any member who believes that they have been subject to harassment of any kind, or who has knowledge about harassment of others, should report the harassment to an immediate supervisor, superior, and/or Program Staff. Note to Service Sites: In any case of discrimination related to an AmeriCorps member, the Service Site must contact Program Staff before taking action. Full text of the AmeriCorps Civil Rights and Non-Harassment Policy can be found in the AmeriCorps Program Manual provided to AmeriCorps members and Internal Coaches/Site Supervisors at the beginning of each program year. DocuSign Envelope ID: 9AF0A449-46EB-4ACD-95F5-8F11303FEE80 Page 64 of 532 Additional Requirements from the Service Site Service Site must indicate any other requirements or conditions of partnership required by Service Site. Select One: Service site requires additional background check conducted on AmeriCorps members. If “Yes”: Please provide any additional information or details related to background check required by the Service Site Select One: Service site requires AmeriCorps members to receive specific vaccinations (e.g. COVID-19) and/or complete specific medical testing (e.g. tuberculosis). If “Yes”: Please provide any additional information or details related to vaccination and/or medical testing requirements. Select One: Service site has additional requirements of AmeriCorps members and/or Ampact outlined below: If “Yes”: Please explain any additional requirements of AmeriCorps members and/or Ampact required for partnerships. ______ Any additional requirements by the Service Site have been reviewed and approved by the Ampact’s Director of Partnerships or their representative prior to signature by Managing Director. DocuSign Envelope ID: 9AF0A449-46EB-4ACD-95F5-8F11303FEE80 Page 65 of 532 CERTIFICATION The terms and conditions of this Site Agreement and its Addenda comprise the entire Agreement between the parties with respect to the subject matter, for implementation during the program year ending on July 31, 2025. Modifications, including the terms and conditions of any Addenda shall be in writing, signed by each party. Signature Service Site staff must complete the electronic version of this Site Agreement and Program-specific Addenda in their entirety to certify the Service Site has read and understands the Agreement prior to a member being placed at the Service Site. By signing this Agreement, Service Site staff and Program Staff acknowledge that they have read, understand, and agree to all terms and conditions of this Agreement and have the authority to enter this Agreement on behalf of the Service Site and Program. Service Site Staff Reading & Math, Inc. DBA Ampact Staff Name Name Title Title Signature Signature Date Date DocuSign Envelope ID: 9AF0A449-46EB-4ACD-95F5-8F11303FEE80 Zach Jorgensen President Sadie O'Connor Page 66 of 532 CLIMATE IMPACT CORPS ADDENDUM TO THE SITE AGREEMENT BETWEEN READING & MATH, INC. DBA AMPACT AND THE SERVICE SITE The purpose of this Addendum is to establish the basic parameters of the Service Site’s participation in Climate Impact Corps. Climate Impact Corps is an AmeriCorps program that provides AmeriCorps members as a resource. Parties to this Agreement: hereafter referred to collectively as “Service Site”. Reading & Math, Inc. DBA Ampact (“Ampact” or “Program”), a Minnesota nonprofit corporation. A. Program Model. The service site agrees to implement the Climate Impact Corps model as designed. Climate Impact Corps uses evidence-based strategies to help communities mitigate and prepare for climate change. Climate Impact Corps members support climate-related projects at the Service Site that align with the goals of the Minnesota Climate Action Framework or a tribal government climate action goal. 1. The Service Site is responsible for supporting each member in implementing the activities outlined in a member-specific service plan. This service plan is based on the Service Site’s needs and capacity and approved by the Program. Member activities fall into one or more of the following capacity building domains: i. Community engagement, communication, and outreach ii. Data collection, research, and analysis iii. Process improvement iv. Volunteer management and mobilization v. Workforce development 1. Coordination of site-specific projects related to the needs of the community and sector 2. Member Schedule: The Site Supervisor is responsible for developing a schedule with the member to allow for 40 hours of service each week for full-time members, and 25 hours per week for part-time members. DocuSign Envelope ID: 9AF0A449-46EB-4ACD-95F5-8F11303FEE80 5254 - City of Lakeville, Lakeville, Minnesota 55044 Page 67 of 532 3. Data: Members are responsible for entering program data into Knack as part of their regular schedule. Knack is an online password-protected data system maintained by the program. Site Supervisors are required to ensure that members are submitting data regularly and accurately. Members may also use additional applications to support data collection specific to their position. Service Sites must allow Members to access all required data systems and applications. B. Program-Specific Policies 1. Personal Vehicle and Transportation Policy: i. Personal Vehicles: Members are prohibited from using their personal vehicle to transport Service Site employees and/or participants. Members may use their personal vehicle to transport materials and/or property on behalf of the Service Site. Any member transporting materials must be incidental in the role, regular transportation of materials is prohibited. The handling, loading, unloading, and transportation of hazardous materials is prohibited. ii. Service Site Vehicles: Members may drive Service Site-owned or leased vehicles to transport materials and/or property. Members are prohibited from transporting Service Site employees and/or participants. Any Member that is a potential driver of a Service Site-owned or leased vehicle cannot be required to drive for the Service Site but may agree to do so. This Agreement must be in writing and include the member’s printed name, signature, and date of the Agreement. Either party may rescind this Agreement at any time without cause or consequence. This Agreement is to be kept on file with the Service Site. Any member transporting materials must be incidental in the role, regular transportation of materials is prohibited. The handling, loading, unloading and transportation of hazardous materials is prohibited. iii. Driver’s Checks and Liability Coverage: Program will conduct a driver’s check on every member to ensure a valid driver’s license, driving history acceptable to the insurance company and auto liability coverage. If a member is driving a Service Site-owner or leased vehicle, the Service Site will be responsible for determining that the Member has a valid driver’s license and meets the minimum standards for the organization’s driving policies. The Service Site agrees to provide proof of insurance upon request. 2. Power Tools and Herbicides: Members are limited to a specific, allowable list of power tools, herbicides, and application methods during their service. All members and Site Supervisors must complete the required training prior to member’s use of allowable power tools and herbicides. Some power tools, including but not limited to, power saws, brush cutters, and drip and weed torches, are prohibited as they pose an undue safety risk. Any power tools not on the prohibited or allowable list must be approved by the Program. DocuSign Envelope ID: 9AF0A449-46EB-4ACD-95F5-8F11303FEE80 Page 68 of 532 CERTIFICATION This program specific Addendum serves as an Agreement between the Service Site and the Program for the stated program year(s) as a part of the Site Agreement signed for 2024-2025. The terms of this Agreement are valid through July 31, 2025. Amendments to this Agreement shall be done in writing. Signature By signing this Agreement, I acknowledge that I have read, understand, and agree to all terms and conditions of this Agreement. Service Site Staff Reading & Math, Inc. DBA Ampact Staff Name Name Title Title Signature Signature Date Date DocuSign Envelope ID: 9AF0A449-46EB-4ACD-95F5-8F11303FEE80 Zach Jorgensen President Sadie O'Connor Page 69 of 532 Date: 6/17/2024 Resolution Accepting Donation to the Lakeville Parks & Recreation Department in the 1st and 2nd Quarters of 2024 Proposed Action Staff recommends adoption of the following motion: Move to approve resolution accepting donations to the Lakeville Parks & Recreation Department in the first and second quarters of 2024. Overview Donations from various sources were received by the Lakeville Parks & Recreation Department. Please see the supporting information for details. On behalf of our department, we sincerely thank these individuals and businesses for their generosity. Supporting Information 1. Q1-Q2 List of Donors 2. Q1-Q2 Parks & Recreation Donation Resolution Financial Impact: $ Budgeted: No Source: Donations Envision Lakeville Community Values: A Sense of Community and Belonging Report Completed by: Joe Masiarchin, Parks and Recreation Director Page 70 of 532 Dawn Cunningham $400 Kiln for pottery classes Darcy Reiss $700 Free class Lakeville Brewing $150 Easter Egg Scramble Lakeville Lions $5,200 Puppet Wagon Summer Series TOTAL $6,050.00 DONATIONS RECEIVED BY PARKS & RECREATION DEPARTMENT 1st and 2nd Quarters of 2024 Page 71 of 532 CITY OF LAKEVILLE RESOLUTION NO._________ RESOLUTION ACCEPTING GRANTS AND DONATIONS TO THE LAKEVILLE PARKS AND RECREATION DEPARTMENT DURING THE FIRST AND SECOND QUARTERS OF 2024 WHEREAS, MN Statute 465.03 requires that cities accept donations for the benefit of its citizens in accordance with the terms prescribed by the donor; and WHEREAS, the City of Lakeville’s Parks and Recreation Department has received grants and donations of money, goods or property as indicated on the attached list; and WHEREAS, the grants and donations were beneficial to the department; and WHEREAS, the additional revenues received may require the City to incur additional expenditures in order to comply with grant agreements and restricted donations. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lakeville, Minnesota that the grants and/or donations are hereby officially accepted and acknowledged with gratitude to the donors; and BE IT FURTHER RESOLVED that City staff is authorized to amend the budget to comply with grant agreements and restricted donations. ADOPTED by the Lakeville City Council this 17th day of June 2024. ___________________________ Luke M. Hellier, Mayor ___________________________________ Ann Orlofsky, City Clerk Page 72 of 532 Date: 6/17/2024 Supplemental Agreement for Professional Services with WSB for Environmental Compliance Inspections for 2024 City Projects Proposed Action Staff recommends adoption of the following motion: Move to approve WSB supplemental agreement for environmental compliance inspections for 2024 City Projects. Overview City projects are required to obtain a General Construction Stormwater Permit through the Minnesota Pollution Control Agency (MPCA). Construction projects that require a Construction Stormwater Permit are to be inspected more frequently. WSB submitted a proposal to provide supplemental environmental compliance inspections for the following City projects: • City Project 23-04: Dodd Boulevard Modernization • City Project 23-06: Citywide Trail Gap Improvements (Phase II) • City Project 24-01: 2024 Miscellaneous Roadway Repairs and Overlays • City Project 24-02: 2024 Street Reconstruction • City Project 24-03: Indiana Avenue, Ipava Avenue and 175th Street Rehabilitation • City Project 24-20: Grand Prairie Community Park WSB’s supplemental agreement includes the scope of services (key tasks are listed below) and estimated costs to provide environmental compliance inspections for City projects and is subject to the Master Services Agreement dated September 20, 2021. • Conduct visual inspections to ensure compliance with the MPCA General Construction Stormwater Permit • Provide state certified Environmental Compliance Specialist • Provide inspection reports with photographic documentation within 24 hours of inspection Supporting Information 1. WSB Proposal for Environmental Compliance Inspection Services Page 73 of 532 Financial Impact: $24,000.00 Budgeted: Yes Source: Multiple Sources Envision Lakeville Community Values: Good Value for Public Service Report Completed by: Maria Friedges, Environmental Resources Specialist Page 74 of 532 701 XENIA AVENUE S | SUITE 300 | MINNEAPOLIS, MN | 55416 | 763.541.4800 | WSBENG.COM May 20, 2024 McKenzie Cafferty Environmental Resources Manager 20195 Holyoke Avenue Lakeville MN 55044 Re: Environmental Compliance Inspections for Lakeville City Improvement Projects Dear Mr. Cafferty: On behalf of WSB, I am pleased to submit this proposal to provide professional engineering services as they relate to environmental compliance inspections of the City Improvement projects in Lakeville, Minnesota. PROJECT UNDERSTANDING Construction Stormwater Inspections To ensure compliance with the National Pollutant Discharge Elimination System (NPDES) Construction Stormwater Permit, the project will be inspected at least once every seven (7) days and within 24 hours after a rain event greater than 0.5 inches in 24 hours. In addition, with this type of observation, it is possible to communicate items of concern and needs for correction in a timely manner to the project owners. At this time, it is estimated that it will take two (2) to four (4) hours to complete a site inspection, documentation, and travel for all phases of the project. It would be advisable that during the first inspection there would be time set aside to include a brief dialog with site owners/contractors to ensure that all details of construction are shared with the Environmental Compliance Specialist. This dialog will streamline future inspection services and prepare the inspector for future construction operations. WSB is pleased to provide this proposal to complete the following scope of services: Items Supplied by WSB All necessary inspection equipment, including turbidity and pH meters. In addition, the inspections will be documented with digital photography equipment aiding in the communication of items to the project owner. Personnel A professional Environmental Compliance Specialist certified in the State of Minnesota having successfully completed the comprehensive University of Minnesota construction site inspection training course. This Specialist will manage the inspection reports and forward any results to the project owners, and any pertinent construction professionals. Inspection The inspection will be both visual and documented for NPDES compliance purposes. Page 75 of 532 Mr. Cafferty May 20, 2024 Page 2 Inspection will include checking for erosion, sediment accumulation, hazardous materials, and Stormwater Pollution Prevention Plan documentation compliance. In addition, the inspections will document perimeter controls, timeframes for grading and soil stabilization, along with secondary containment needs for all hazardous materials located on site. Inspection Sites • CP 23-06 – Trails Gaps Phase II Cedar and Highview • CP 24-02 – 2024 Street Rehabilitation Project • CP 24-03 – Indiana, Ipava Avenue and 175th Street West Rehabilitation Report WSB will prepare an inspection report detailing the inspection results. The compliance deficiencies will be documented with photographs to indicate deficiencies. All reports will be provided to owners within 24 hours of inspection completion. Key Deliverables Original, signed, and certified inspection reports in PDF format. MS4 Inspections To ensure compliance with the National Pollutant Discharge Elimination System (NPDES) Construction Stormwater Permit, the project will be inspected at least once a month and within 24 hours after a rain event greater than 0.5 inches in 24 hours. In addition, with this type of observation, it is possible to communicate items of concern and needs for correction in a timely manner to the project owners. At this time, it is estimated that it will take two (2) to three (3) hours to complete a site inspection, documentation, and travel for all phases of the project. It would be advisable that during the first inspection there would be time set aside to include a brief dialog with site owners/contractors to ensure that all details of construction are shared with the Environmental Compliance Specialist. This dialog will streamline future inspection services and prepare the inspector for future construction operations. WSB is pleased to provide this proposal to complete the following scope of services: Items Supplied by WSB All necessary inspection equipment, including turbidity and pH meters. In addition, the inspections will be documented with digital photography equipment aiding in the communication of items to the project owner. Personnel A professional Environmental Compliance Specialist certified in the State of Minnesota having successfully completed the comprehensive University of Minnesota construction site inspection training course. This Specialist will manage the inspection reports and forward any results to the project owners, and any pertinent construction professionals. Inspection The inspection will be both visual and documented for NPDES compliance purposes. Inspection will include checking for erosion, sediment accumulation, hazardous materials, and Stormwater Pollution Prevention Plan documentation compliance. In addition, the inspections will document perimeter controls, timeframes for grading and soil Page 76 of 532 Mr. Cafferty May 20, 2024 Page 3 stabilization, along with secondary containment needs for all hazardous materials located on site. Inspection Sites • CP 24-20 Avonlea Park • Dodd Phase 2 • CP 24-01 – 2024 Miscellaneous Roadway Repairs and Overlays Report WSB will prepare an inspection report detailing the inspection results. The compliance deficiencies will be documented with photographs to indicate deficiencies. All reports will be provided to owners within 24 hours of inspection completion. Key Deliverables Original, signed, and certified inspection reports in PDF format. PROPOSED FEE This proposal represents our complete understanding of the State of Minnesota’s NPDES General Construction Stormwater permit and the work needed to complete the tasks associated with NPDES permit inspection and environmental compliance standards. The proposed fee to provide the support services is calculated at an hourly rate of $100.00-130.00 for the duration of 2024. Billing rate is subject to change upon the new year (2025). We appreciate the opportunity to share this proposal with you and look forward to working with you on the Lakeville City Improvements project. If you agree with the above proposal, please sign below and return a copy of the proposal to me. Should you have any questions about this proposal, please contact me at 763-438-7475 or rhaug@wsbeng.com. Sincerely, WSB Kory Bonnell Rebecca Haug Director of Environmental Compliance Sr. Project Manager – Water Resources If you are in agreement with the scope of services outlined above, please sign where indicated below and return one copy to our office. By signing you also agree that these services will be governed by the terms and conditions of the Professional Services Agreement entered into between WSB and the City of Lakeville. ACCEPTED BY: Mr. McKenzie Cafferty Name Title Date Page 77 of 532 Mr. Cafferty May 20, 2024 Page 4 Project Name Inspection WSB Inspector Contractor Project No. City Contact NPDES Highview Ave Trail Improvements Weekly Duane Gachne City of Lakeville 23-06 2024 Steve Ferraro C00065856 Cedar Ave Trail Improvements Weekly Duane Gachne City of Lakeville 23-06 2024 Steve Ferraro C00065856 Kenyon Ave Trail Gap 1 Weekly Duane Gachne City of Lakeville 23-06-2023 Steve Ferraro C00065856 Kenyon Ave Trail Gap 2 Weekly Duane Gachne City of Lakeville 23-06-2023 Steve Ferraro C00065856 175th Street West Trail Improvements Weekly Duane Gachne City of Lakeville 23-06-2023 Steve Ferraro C00065856 Highview/Holyoke Ave Trail Improvements Weekly Duane Gachne City of Lakeville 23-06-2023 Steve Ferraro C00065856 21017 Heron Way Curb Replacement Monthly Duane Gachne Northwest Asphalt 24-01 Steve Ferraro C00069329 McGuire Hockey Rink Trail Improvements Monthly Duane Gachne Northwest Asphalt 24-01 Steve Ferraro C00069329 Greenwood Ave Draintile Connection Monthly Duane Gachne Northwest Asphalt 24-01 Steve Ferraro C00069329 Hartford Way Curb Replacement Monthly Duane Gachne Northwest Asphalt 24-01 Steve Ferraro C00069329 Holyoke Ave Draintile Installation Monthly Duane Gachne Northwest Asphalt 24-01 Steve Ferraro C00069329 190th Street Culvert Replacement Monthly Duane Gachne Northwest Asphalt 24-01 Steve Ferraro C00069329 Ibarra Trail Sidewalk Replacement Monthly Duane Gachne Northwest Asphalt 24-01 Steve Ferraro C00069329 King Park Trail Improvements (Area 1) Monthly Duane Gachne Northwest Asphalt 24-01 Steve Ferraro C00069329 King Park Trail Improvements (Area 2) Monthly Duane Gachne Northwest Asphalt 24-01 Steve Ferraro C00069329 Eagleview Drive MO Monthly Duane Gachne Northwest Asphalt 24-01 Steve Ferraro C00069329 Central Maintenance Facility Improvements Monthly Duane Gachne Northwest Asphalt 24-01 Steve Ferraro C00069329 Galaxie Liquor Parking Lot Improvements Monthly Duane Gachne Northwest Asphalt 24-01 Steve Ferraro C00069329 Valley Lake Park Parking Lot Improvements Monthly Duane Gachne Northwest Asphalt 24-01 Steve Ferraro C00069329 174th St Curb Replacement Monthly Duane Gachne Northwest Asphalt 24-01 Steve Ferraro C00069329 Stonebrooke Neighborhood MO Monthly Duane Gachne Northwest Asphalt 24-01 Steve Ferraro C00069329 Java Circle Strm Repairs Monthly Duane Gachne Northwest Asphalt 24-01 Steve Ferraro C00069329 17250 Jasmine Ct Curb Replacement Monthly Duane Gachne Northwest Asphalt 24-01 Steve Ferraro C00069329 Inndale Drive Trail Recon Monthly Duane Gachne Northwest Asphalt 24-01 Steve Ferraro C00069329 192nd St Trail Recon Monthly Duane Gachne Northwest Asphalt 24-01 Steve Ferraro C00069329 Ipava Ave Trail Recon Monthly Duane Gachne Northwest Asphalt 24-01 Steve Ferraro C00069329 Dodd & CR 50 CB Ring Replacement Monthly Duane Gachne Northwest Asphalt 24-01 Steve Ferraro C00069329 Street Recon Phase 09 Weekly Duane Gachne City of Lakeville 24-02 Steve Ferraro C00069338 Street Recon Phase 06 Weekly Duane Gachne City of Lakeville 24-02 Steve Ferraro C00069338 Street Recon Phase 07 Weekly Duane Gachne City of Lakeville 24-02 Steve Ferraro C00069338 Street Recon Phase 08 Weekly Duane Gachne City of Lakeville 24-02 Steve Ferraro C00069338 Street Recon Phase 01 Weekly Duane Gachne City of Lakeville 24-02 Steve Ferraro C00069338 Street Recon Phase 02 Weekly Duane Gachne City of Lakeville 24-02 Steve Ferraro C00069338 Street Recon Phase 03 Weekly Duane Gachne City of Lakeville 24-02 Steve Ferraro C00069338 Street Recon Phase 04 Weekly Duane Gachne City of Lakeville 24-02 Steve Ferraro C00069338 Street Recon Phase 05 Weekly Duane Gachne City of Lakeville 24-02 Steve Ferraro C00069338 Street Recon Phase 10 Weekly Duane Gachne City of Lakeville 24-02 Steve Ferraro C00069338 175th Street West Rehab. ? Duane Gachne ? 24-03 Steve Ferraro ? Ipava Avenue Rehab. ? Duane Gachne ? 24-03 Steve Ferraro ? Indiana Avenue Rehab. ? Duane Gachne ? 24-03 Steve Ferraro ? Avonlea Park Monthly Emma Rae Roberts Friedges Contracting 24-20 Mark Kruse C00069341 Dodd Phase 2 Monthly Emma Rae Roberts McNamra Contracting County Steve Ferraro C00068569 Page 78 of 532 Date: 6/17/2024 Temporary on-sale liquor license to Lakeville Rotary for Taste of Lakeville Proposed Action Staff recommends adoption of the following motion: Move to approve the issuance of a temporary on-sale liquor license to Lakeville Rotary on August 15, 2024. Overview The Lakeville Rotary applied for a temporary on-sale liquor license for its Taste of Lakeville Event on Thursday, August 15, 2024, at the Lakeville Area Arts Center building and grounds. Lakeville Rotary is a 501(c)3 non-profit organization that provides financial support to the Lakeville area community through scholarships and community projects. Supporting Information 1. Taste of Lakeville site plan Financial Impact: $ Budgeted: No Source: Envision Lakeville Community Values: A Sense of Community and Belonging Report Completed by: Ann Orlofsky, City Clerk Page 79 of 532 ÑÞÑÞÑÞÑÞÑÞÑÞÑÞÑÞÑÞÑÞÑÞÑÞÑÞÑÞÑÞÑÞ30' x 50'Holyoke Avenue210th Street30' x 50'20' x 30')GHowland AvenueWineWineTent 1Tent 2Food TruckFood TruckTent 310x303571920212223242527282930313334321314151617181234121110982656Stage 1Art CenterGarageLakeville AreaLearningCenter¹Taste of Lakeville Legend [[FenceHand Wash StationÑÞLights³!³Entrance Gate)GFood Stand4StairsPage 80 of 532 Date: 6/17/2024 Resolution Approving Charitable Gambling for Rosemount VFW Post 9433 Proposed Action Staff recommends adoption of the following motion: Move to approve a resolution granting approval to the Rosemount VFW Post 9433 to conduct off-site gambling at the Lakeville Area Arts Center for the Taste of Lakeville. Overview The Rosemount VFW Post 9433 has applied to the State of Minnesota Gambling Control Board to conduct pull-tabs at the Lakeville Area Arts Center, 20965 Holyoke Avenue, on August 15, 2024. The application requires a resolution of approval by the City Council. The Rosemount VFW, is a qualified organization that meets all city and state requirements for lawful gambling. Supporting Information None Financial Impact: $ Budgeted: No Source: Envision Lakeville Community Values: A Sense of Community and Belonging Report Completed by: Ann Orlofsky, City Clerk Page 81 of 532 CITY OF LAKEVILLE RESOLUTION NO._________ RESOLUTION APPROVING CHARITABLE GAMBLING FOR ROSEMOUNT VFW POST 9433 WHEREAS, the City of Lakeville recieved an application from the Rosemount VFW Post 9433 to conduct off-site gambling at the Lakeville Area Arts Center for the Taste of Lakeville; and WHEREAS, the Rosemount VFW Post 9433 is a qualified organization; and NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Lakeville grants approval to the Rosemount VFW Post 9433 to conduct off-site gambling on August 15, 2024, at the Lakeville Area Arts Center, 20965 Holyoke Avenue, for the Taste of Lakeville. DATED, this 17th day of June 2024. CITY OF LAKEVILLE: _________________________ Luke M Hellier, Mayor _________________________ Ann Orlofsky, City Clerk Page 82 of 532 Date: 6/17/2024 Agreement with Killmer Electric Co., LLC. for Grand Prairie Park (formerly Avonlea Community Park) Site Lighting Installation: CIP #24-20 Proposed Action Staff recommends adoption of the following motion: Move to approve agreement with Killmer Electric Co., LLC., for site lighting installation at Grand Prairie Park. Overview The construction of Grand Prairie Park was one project as part of the successful Park Bond Referendum in November of 2021. The project includes items such as the construction of pickleball courts, athletic decks, splash pad, cricket pitch, trails, playground, challenge course, restroom building/shelters and baseball complex. The project also includes site lighting which includes parking lots, walkways, pickleball courts, five athletic decks and a baseball field. An agreement with Musco Sports Lighting, LLC. was approved by the Mayor and City Council at the May 20, 2024 city council meeting. A bid opening for the installation portion of the lighting project was held on June 4, 2024. Four competitive bids were received with a high bid of $751,330.00 and a low bid of $278,950.00 submitted by Killmer Electric, Co., LLC. At this time, staff is recommending that the Mayor and City Council approve an agreement with Killmer Electric, Co., LLC. for lighting installation at Grand Prairie Park. Supporting Information 1. Agreement with Killmer Electric Co., LLC 2. June 4 Bid Tabulation 3. Killmer Electric, Co., LLC Bid Proposal Financial Impact: $278,950.00 Budgeted: Yes Source: Park Bond Referendum/Park Dedication Envision Lakeville Community Values: Access to a Multitude of Natural Amenities and Recreational Opportunities Report Completed by: Joe Masiarchin, Parks and Recreation Director Page 83 of 532 Page 84 of 532 Page 85 of 532 Page 86 of 532 Page 87 of 532 Page 88 of 532 Page 89 of 532 Page 90 of 532 BID OPENING CITY OF LAKEVILLE Avonlea Community Park – Bid Pack #3 Lighting Installation Tuesday, June 4, 2024 – 2:00 p.m. Contractor Bid Bond RCVF Base Bid Killmer Electric Co. Inc. X X $278,950.00 Laketown Electric X X $387,600.00 Choice Electric, Inc. X X $419,948.00 Egan Company X X $751,330.00 Engineer’s Estimate $569,400.00 H:\Projects\16000\16311-01\LA\Docs\16311.01_Avonlea Bid Pack #3_Bid Tab-final_060424.docx Note: Highlighting denotes math error in bid. Page 91 of 532 Page 92 of 532 Date: 6/17/2024 Interstate Second Addition Development Contract and Stormwater Maintenance Agreement Proposed Action Staff recommends adoption of the following motion: Move to approve the development contract and stormwater maintenance agreement for Interstate Second Addition Overview The City Council approved the final plat and resolution for Interstate Second Addition on April 15, 2024. A stipulation of the resolution requires the property owner sign a development agreement and stormwater maintenance agreement to be recorded with the final plat. The property owner signed agreements are attached. Supporting Information 1. Interstate Second Addition Development Contract 2. Stormwater Maintenance Agreement 3. Final Plat Financial Impact: $0.00 Budgeted: No Source: Envision Lakeville Community Values: Diversified Economic Development Report Completed by: Frank Dempsey, Associate Planner Page 93 of 532 1 230688v2 Interstate Second Addition (reserved for recording information) DEVELOPMENT CONTRACT (Developer Installed Improvements) INTERSTATE SECOND ADDITION DEVELOPMENT CONTRACT dated ____________________, 2024, (this “Contract”) by and between the CITY OF LAKEVILLE, a Minnesota municipal corporation (“City”), and INTERSTATE LAKEVILLE PROPERTY, LLC, a Minnesota limited liability company (the “Developer”). 1. REQUEST FOR PLAT AND SITE PLAN APPROVAL. The Developer has asked the City to approve a plat and site plan for INTERSTATE SECOND ADDITION (referred to in this Contract as the "plat"). The land is situated in the County of Dakota, State of Minnesota, and is legally described on Exhibit “A” attached hereto and made a part hereof. 2. CONDITIONS OF PLAT AND SITE PLAN APPROVAL. The City hereby approves the plat and site plan on condition that the Developer enter into this Contract, furnish the security required by it, and record the plat with the County Recorder or Registrar of Titles within 180 days after the City Council approves the final plat. 3. RIGHT TO PROCEED. Within the plat or land to be platted, the Developer may not: (i) grade or otherwise disturb the earth or remove trees, unless a grading permit has been approved by the City Page 94 of 532 2 230688v2 Interstate Second Addition Engineer following approval of a preliminary plat by the City Council, or (ii) construct sewer lines, water lines, streets, utilities, public or private improvements, or any buildings until all the following conditions have been satisfied: 1) this Contract has been fully executed by both parties and filed with the City Clerk, 2) the necessary security (as set forth in this Contract) has been received by the City, 3) the necessary insurance for the Developer and its construction contractors (as set forth in this Contract) has been received by the City, and 4) the plat has been filed with the Dakota County Recorder or Registrar of Titles’ office. 4. PHASED DEVELOPMENT. If the plat is a phase of a multi-phased preliminary plat, the City may refuse to approve final plats of subsequent phases if the Developer has breached this Contract and the breach has not been remedied within the time period provided in the City’s written notice to Developer of such default. Development of subsequent phases may not proceed until development contracts for such phases are approved by the City. Park dedication charges referred to in this Contract are not being imposed on outlots, if any, in the plat that are designated in an approved preliminary plat for future subdivision into lots and blocks. Such charges will be calculated and imposed when the outlots are final platted into lots and blocks. 5. PRELIMINARY PLAT STATUS. If the plat is a phase of a multi-phased preliminary plat, the preliminary plat approval for all phases not final platted shall lapse and be void unless final platted into lots and blocks, not outlots, within two (2) years after preliminary plat approval. 6. CHANGES IN OFFICIAL CONTROLS. For two (2) years from the date of this Contract, no amendments to the City’s Comprehensive Plan, except an amendment placing the plat in the current metropolitan urban service area, or official controls shall apply to or affect the use, development density, lot size, lot layout or dedications of the approved plat unless required by state or federal law or agreed to in writing by the City and the Developer. Thereafter, notwithstanding anything in this Contract to the contrary, to the full extent permitted by state law, the City may require compliance with any amendments to the City’s Comprehensive Plan, official controls, platting or dedication requirements enacted after the date of this Contract. Page 95 of 532 3 230688v2 Interstate Second Addition 7. DEVELOPMENT PLANS. The plat shall be developed in accordance with the following plans. The plans shall not be attached to this Contract. With the exception of Plans A, B, and C the plans may be prepared, subject to the City Engineer’s approval, after entering the Contract, but before commencement of any work in the plat. The City Engineer may approve minor amendments to Plan B without City Council approval. The erosion control plan may also be approved by the Dakota County Soil and Water Conservation District. If the plans vary from the written terms of this Contract, the written terms shall control. The plans are: Plan A - Plat Plan B - Final Grading, Drainage, and Erosion Control Plan Plan C - Landscape Plan 8. IMPROVEMENTS. The Developer shall install and pay for the following: A. Storm Sewer System (Private) B. Concrete Curb and Gutter (Private) C. Street Lights (Private) D. Site Grading, Stormwater Treatment/Infiltration Basins, and Erosion Control (Private) E. Underground Utilities (Private) F. Setting of Iron Monuments G. Surveying and Staking The improvements shall be installed in accordance with the City subdivision ordinance; City standard specifications for utility and street construction; and any other ordinances including Section 11-16-7 of the City Code concerning erosion and drainage and Section 4-1-4-2 prohibiting grading, construction activity, and the use of power equipment between the hours of 10 o’clock p.m. and 7 o’clock a.m. The Developer shall submit plans and specifications which have been prepared by a competent registered professional engineer to the City for approval by the City Engineer. The Developer shall instruct its engineer to provide adequate field inspection personnel to assure an acceptable level of quality control to the extent that the Developer’s engineer will be able to certify that the construction work meets the approved City standards as Page 96 of 532 4 230688v2 Interstate Second Addition a condition of City acceptance. In addition, the City may, at the City’s discretion and at the Developer’s expense, have one or more City inspectors and a soil engineer inspect the work on a full or part-time basis. The Developer, its contractors and subcontractors, shall follow all instructions received from the City’s inspectors. The Developer’s engineer shall provide for on-site project management. The Developer’s engineer is responsible for design changes and contract administration between the Developer and the Developer’s contractor. The Developer or its engineer shall schedule a pre-construction meeting at a mutually agreeable time at the City with all parties concerned, including the City staff, to review the program for the construction work. In accordance with Minnesota Statutes 505.021, the final placement of iron monuments for all lot corners must be completed before the $100.00 security is released. The Developer’s surveyor shall also submit a written notice to the City certifying that the monuments have been installed following site grading, utility and street construction. 9. CONTRACTORS/SUBCONTRACTORS. City Council members, City employees, and City Planning Commission members, and corporations, partnerships, and other entities in which such individuals have greater than a 25% ownership interest or in which they are an officer or director may not act as contractors or subcontractors for the public improvements identified in Paragraph 8 above. 10. PERMITS. The Developer shall obtain or require its contractors and subcontractors to obtain all necessary permits, which may include: A. Dakota County for County Road Access and Work in County Rights-of-Way B. MnDot for State Highway Access C. MnDot for Work in Right-of-Way D. Minnesota Department of Health for Watermains E. MPCA NPDES Permit for Construction Activity F. MPCA for Sanitary Sewer and Hazardous Material Removal and Disposal G. DNR for Dewatering H. City of Lakeville for Building Permits I. MCES for Sanitary Sewer Connections J. City of Lakeville for Retaining Walls Page 97 of 532 5 230688v2 Interstate Second Addition 11. DEWATERING. Due to the variable nature of groundwater levels and stormwater flows, it will be the Developer’s and the Developer’s contractors and subcontractors responsibility to satisfy themselves with regard to the elevation of groundwater in the area and the level of effort needed to perform dewatering and storm flow routing operations. All dewatering shall be in accordance with all applicable county, state, and federal rules and regulations. DNR regulations regarding appropriations permits shall also be strictly followed. 12. TIME OF PERFORMANCE. The Developer shall install all required public improvements by November 30, 2024. The Developer may, however, request an extension of time from the City. If an extension is granted, it shall be conditioned upon updating the security posted by the Developer to reflect cost increases and the extended completion date. 13. LICENSE. The Developer hereby grants the City, its agents, employees, officers and contractors a license to enter the plat to perform all work and inspections deemed appropriate by the City in conjunction with plat development. 14. EROSION CONTROL. Prior to initiating site grading, the erosion control plan, Plan B, shall be implemented by the Developer and inspected and approved by the City, in compliance with the City’s MS4 permit. All areas disturbed by the grading operations shall be stabilized per the MPCA Stormwater Permit for Construction Activity. Seed shall be in accordance with the City’s current seeding specification which may include temporary seed to provide ground cover as rapidly as possible. All seeded areas shall be fertilized, mulched, and disc anchored as necessary for seed retention. The parties recognize that time is of the essence in controlling erosion. If the Developer does not comply with the MPCA Stormwater Permit for Construction Activity or with the erosion control plan and schedule or supplementary instructions received from the City, the City may take such action as it deems necessary to control erosion. The City will endeavor to notify the Developer in advance of any proposed action, but failure of the City to do so will not affect the Developer’s and City’s rights or obligations hereunder. If the Developer does not reimburse the City for any cost the City incurred for such work within ten (10) days, the City may draw down the letter of credit to pay Page 98 of 532 6 230688v2 Interstate Second Addition any costs. No development, utility or street construction will be allowed and no building permits will be issued unless the plat is in full compliance with the approved erosion control plan. The Developer is responsible for obtaining a MPCA Construction Permit and updating the SWPPP, including changes during construction, for the duration of the project. The permit requires that all erosion and sediment BMPs be clearly outlined in the project SWPPP. The Developer is responsible for the establishment of native vegetation around all stormwater management basins. A two-year maintenance plan and schedule (to reduce weed establishment and stimulate desired vegetation) must be approved by City staff and included in the plans. Additional erosion control measures may be required during construction as deemed necessary by City staff. Any additional measures shall be installed and maintained by the Developer. The MS4 Administration Fee has not been collected on the parent parcels and must be paid by the Developer with the final plat, calculated as follows: $279,012.50 x 2% = $5,580.25 Grading Security MS4 Administration Fee Total 15. GRADING. The plat shall be graded in accordance with the approved grading development and erosion control plan, Plan “B”. The plan shall conform to City of Lakeville specifications. Within thirty (30) days after completion of the grading and final establishment of the ground cover or temporary stabilization approved by the City, the Developer shall provide the City with an “as constructed” grading plan certified by a registered land surveyor or engineer that all storm water treatment/infiltration basins and swales, have been constructed on public easements or land owned by the City. The “as constructed” plan shall include field verified elevations of the following: a) cross sections of storm water treatment/infiltration basins; b) location and elevations along all swales, wetlands, wetland mitigation areas if any, locations and dimensions of borrow areas/stockpiles, and installed “conservation area” posts; and c) lot corner elevations and building pads, and all other items listed in City Code Section 10-3-5.NN. The City will withhold issuance of a Certificate of Occupancy until the approved certified grading plan is on file with the City and all erosion control measures are in place as determined by the City Engineer. The Developer certifies to the City that Page 99 of 532 7 230688v2 Interstate Second Addition all footings placed on fill have been monitored and constructed to meet or exceed FHA/HUD 79G specifications. The soils observation and testing report, including referenced development phases and lot descriptions, shall be submitted to the Building Official for review prior to the issuance of the Certificate of Occupancy. Prior to the release of the grading and erosion control security, the “as-constructed” plan for the lot must be submitted to verify that the final as-built grades and elevations of the specific lot and all building setbacks are consistent with the approved grading plan for the development, and amendments thereto as approved by the City Engineer, and that all required property monuments are in place. If the final grading, erosion control and “as-constructed” grading plan is not timely completed, the City may enter the lot, perform the work, and draw on the letter of credit. Upon satisfactory completion of the grading, erosion control and “as-constructed” grading plan, the security, less any draw made by the City, shall be released in accordance with Paragraph 26 of this Contract. A certified as-built building pad survey must be submitted and approved for commercial, industrial or institutional developments prior to issuance of a building permit. The final grading plan must indicate any proposed borrow areas in which the building footings will be placed on fill material. The grading specifications shall also indicate that all embankments meet FHA/HUD 79G specifications. The Developer shall certify to the City that all lots with footings placed on fill material are appropriately constructed. Building Certificate of Occupancies will not be issued until a soils report and an as-built certified grading plan have been submitted and approved by City staff. Interstate Second Addition contains more than one acre of site disturbance. A National Pollution Discharge Elimination System General Stormwater Permit for construction activity is required from the Minnesota Pollution Control Agency for areas exceeding one acre being disturbed by grading. A copy of the Notice of Stormwater Permit Coverage has been submitted to the City. 16. CLEAN UP. The Developer shall clean dirt and debris from streets that has resulted from construction work by the Developer, subcontractors, their agents or assigns. Prior to any construction in the Page 100 of 532 8 230688v2 Interstate Second Addition plat, the Developer shall identify in writing a responsible party and schedule for erosion control, street cleaning, and street sweeping. 17. OWNERSHIP OF IMPROVEMENTS. Upon completion of the work and construction required by this Contract and final acceptance by the City, the public improvements lying within public easements shall become City property without further notice or action. 18. CITY ENGINEERING ADMINISTRATION, CONSTRUCTION OBSERVATION AND AS-BUILT RECORD DRAWING PREPARATION. The Developer shall pay a fee for in-house engineering administration pursuant to the terms of this Section 18. City engineering administration will include monitoring of construction observation, consultation with Developer and its engineer on status or problems regarding the project, coordination for final inspection and acceptance, project monitoring during the warranty period, and processing of requests for reduction in security. Fees for this service shall be three percent (3%) of construction costs identified in the Summary of Security Requirements in Section 26 below if using a letter of credit, assuming normal construction and project scheduling. The Developer shall pay for construction observation and as-built record drawing preparation performed by the City’s in-house engineering staff or consulting engineer. Construction observation shall include part or full time inspection of proposed public utilities and street construction and will be billed on hourly rates estimated to be five percent (5%) of the estimated construction cost. Construction as-built record drawing preparation shall include field surveying, preparation of as-built record drawings and updating the City’s GIS database and will be billed on hourly rates estimated to be one half of a percent (0.5%) of the estimated construction cost. 19. STORM SEWER. The Developer shall install privately owned and maintained storm sewer within the subdivision to collect and convey stormwater runoff generated from within the site to the expanded privately owned and maintained stormwater management basins located along the north and south plat boundaries. The Developer shall coordinate any work within 215th Street (CSAH 70) right-of-way with Dakota County and is responsible for obtaining any required County right-of-way permits. Page 101 of 532 9 230688v2 Interstate Second Addition The storm sewer charge requirement was previously collected on the parent parcels with Acorn Tappe First Addition and Interstate First Addition. Final locations and sizes of all storm sewer facilities will be reviewed by City staff with the final construction plans. 20. OVERHEAD LINES. The existing overhead utility lines located adjacent to the north property line of Interstate Second Addition are exempt from undergrounding per the City’s Right-of-Way Management Ordinance provision of electric service at certain voltages. 21. CONSTRUCTION ACCESS. Construction traffic access and egress for grading, utility and site construction shall be from the 215th Street and private driveway intersection. 22. SITE PLAN. The Developer proposes to construct a parking area to create an additional 65 tractor trailer parking spaces, including five-foot-wide concrete dolly pads. The parking area is adequately sized to allow truck circulation into and out of the site and parking stalls. A shared driveway connection to 215th Street (via a directional access median) provides access to the parking area (an internal driveway connection is also provided). 23. PARKS, TRAILS, AND SIDEWALKS. An existing trail is located along the south side of 215th Street, adjacent to the Interstate Second Addition plat. No additional park, trail or sidewalk improvements are proposed with Interstate Second Addition. The Park Dedication requirement was previously collected on the parent parcels. 24. LANDSCAPING. Landscaping shall be installed in accordance with the approved landscape plan. The Developer shall post a $10,000.00 landscaping security at the time of final plat approval to ensure that the landscaping is installed in accordance with the approved plan. The landscaping security shall be released in accordance with Section 11-9-19 of the City Code. 25. SPECIAL PROVISIONS. The following special provisions shall apply to plat development: A. Implementation of the recommendations listed in the April 10, 2024 Engineering Report, and April 11, 2024, Planning Report. B. The Site shall be developed according to the approved final plat and site plans. Page 102 of 532 10 230688v2 Interstate Second Addition C. Snow storage shall not occur within required parking spaces and vehicle driving lanes. D. All signage on the property must meet the requirements of Section 11-23 of the Zoning Ordinance. A sign permit is required prior to the installation of any signs. E. Prior to City Council approval of the final plat, the Developer shall furnish a boundary survey of the proposed property to be platted with all property corner monumentation in place and marked with lath and a flag. Any encroachments on or adjacent to the property shall be noted on the survey. The Developer shall post a $100.00 security for the final placement of interior subdivision iron monuments at property corners. The security was calculated as follows: one (2) lots/outlots at $100.00 per lot/outlot. The security will be held by the City until the Developer's land surveyor certifies that all irons have been set following site grading and utility and street construction. In addition, the certificate of survey must also include a certification that all irons for a specific lot have either been found or set prior to the issuance of a building permit for that lot. F. The Developer shall pay a cash fee for the preparation of addressing, property data, and City base map updating. This fee is $90.00 per lot/outlot for a total charge of $90.00. G. The Developer is required to submit the final plat in electronic format. The electronic format shall be either AutoCAD.DWG file or a .DXF file. All construction record drawings (e.g., grading, utilities, streets) shall be in electronic format in accordance with standard City specifications. 26. SUMMARY OF SECURITY REQUIREMENTS. To guarantee compliance with the terms of this Contract, payment of real estate taxes including interest and penalties, payment of special assessments, payment of the costs of all public improvements, and construction of all public improvements, the Developer shall furnish the City with a cash escrow, or letter of credit, in the form attached hereto, from a bank ("security") for $365,705.55. The amount of the security was calculated as follows: CONSTRUCTION COSTS: A. Storm Sewer $39,916.25 B. Grading, Drainage and Erosion Control 279,012.50 CONSTRUCTION SUB-TOTAL $318,928.75 Page 103 of 532 11 230688v2 Interstate Second Addition OTHER COSTS: A. Developer’s Design (3.0%) $9,567.86 B. Developer’s Construction Survey (2.5%) 7,973.22 C. City Legal Expenses (Est. 0.5%) 1,594.64 D. City Construction Observation (Est. 5.0%) 15,946.44 E. City Record Drawings (0.5%) 1,594.64 F. Landscaping 10,000.00 G. Lot Corners/Iron Monuments 100.00 OTHER COSTS SUB-TOTAL $46,776.80 TOTAL SECURITIES: $365,705.55 This breakdown is for historical reference; it is not a restriction on the use of the security. The bank shall be subject to the approval of the City Administrator. The City may draw down the security, on five (5) business days advance written notice to the Developer, for any violation of the terms of this Contract or without notice if the security is allowed to lapse prior to the end of the required term. If the required public improvements are not completed at least thirty (30) days prior to the expiration of the security, the City may also draw it down without notice. If the security is drawn down, the proceeds shall be used to cure the default. Upon receipt of proof reasonably satisfactory to the City that work has been completed and financial obligations to the City have been satisfied, with City approval, which approval shall not be unreasonably withheld, conditioned, or delayed, the security may be reduced from time to time by ninety percent (90%) of the financial obligations that have been satisfied, except as otherwise provided under Paragraph 24 of this Contract. City will act within a reasonable time period to provide any confirmation or documentation necessary to effect the release of the security. Ten percent (10%) of the amounts certified by the Developer's engineer shall be retained as security until all improvements have been completed, all financial obligations to the City satisfied, the required "as constructed" plans have been received by the City, a warranty security is provided, and the public improvements are accepted by the City Council. The City’s standard specifications for utility and street construction outline procedures for security reductions. Page 104 of 532 12 230688v2 Interstate Second Addition 27. SUMMARY OF CASH REQUIREMENTS. The following is a summary of the cash requirements under this Contract which must be furnished to the City prior to the City Council signing the final plat: A. MS4 Administration Fee $5,580.25 B. Property Data and Asset/Infrastructure Management Fee 90.00 C. City Engineering Administration (3% for letters of credit) 9,567.86 TOTAL CASH REQUIREMENTS $15,238.11 28. RESPONSIBILITY FOR COSTS. A. Except as otherwise specified herein, the Developer shall pay all costs incurred by it or the City in conjunction with the development of the plat, including but not limited to Soil and Water Conservation District charges, legal, planning, engineering and construction observation inspection expenses incurred in connection with approval and acceptance of the plat, the preparation of this Contract, review of construction plans and documents, and all costs and expenses incurred by the City in monitoring and inspecting development of the plat. B. The Developer shall hold the City and its officers, employees, and agents harmless from claims made by itself and third parties for damages sustained or costs incurred resulting from plat approval and development. The Developer shall indemnify the City and its officers, employees, and agents for all costs, damages, or expenses which the City may pay or incur in consequence of such claims, including attorneys' fees. C. The Developer shall reimburse the City for costs incurred in the enforcement of this Contract, including engineering and attorneys' fees. D. The Developer shall pay, or cause to be paid when due, and in any event before any penalty is attached, all special assessments referred to in this Contract. This is a personal obligation of the Developer and shall continue in full force and effect even if the Developer sells one or more lots, the entire plat, or any part of it. Page 105 of 532 13 230688v2 Interstate Second Addition E. The Developer shall pay in full all bills submitted to it by the City for obligations incurred under this Contract within thirty (30) days after receipt. If the bills are not paid on time, the City may halt plat development and construction until the bills are paid in full. Bills not paid within thirty (30) days shall accrue interest at the rate of eighteen percent (18%) per year. Additionally, the Developer shall pay in full all bills submitted to it by the City prior to any reductions in the security for the development. F. In addition to the charges and special assessments referred to herein, other charges and special assessments may be imposed such as but not limited to City or MCES sewer availability charges ("SAC"), City water connection charges, City sewer connection charges, and building permit fees. 29. DEVELOPER’S DEFAULT. In the event of default by the Developer as to any of the work to be performed by it hereunder, the City may, at its option, perform the work and the Developer shall promptly reimburse the City for any expense incurred by the City, provided the Developer, except in an emergency as determined by the City, is first given written notice of the work in default, not less than forty-eight (48) hours in advance. This Contract is a license for the City to act, and it shall not be necessary for the City to seek a Court order for permission to enter the land. When the City does any such work, the City may, in addition to its other remedies, assess the actual cost(s) in whole or in part. 30. MISCELLANEOUS. A. The Developer represents to the City that to the best of Developer’s knowledge, the plat complies with all city, county, metropolitan, state, and federal laws and regulations, including but not limited to: subdivision ordinances, zoning ordinances, and environmental regulations. If the City determines that the plat does not comply, the City may, at its option, refuse to allow construction or development work in the plat until the Developer does comply. Upon the City's demand, the Developer shall cease work until there is compliance. B. Third parties shall have no recourse against the City under this Contract. C. Breach of the terms of this Contract by the Developer shall be grounds for denial of building permits, including lots sold to third parties until such breach is cured by Developer. Page 106 of 532 14 230688v2 Interstate Second Addition D. If any portion, section, subsection, sentence, clause, paragraph, or phrase of this Contract is for any reason held invalid, such decision shall not affect the validity of the remaining portion of this Contract. E. Grading, curbing, and one lift of asphalt shall be installed on all public and private streets prior to issuance of a permanent or temporary certificate of occupancy. F. If building permits are issued prior to the acceptance of public improvements, the Developer assumes all liability and costs resulting in delays in completion of public improvements and damage to public improvements caused by the City, Developer, its contractors, subcontractors, material men, employees, agents, or third parties. No sewer and water connections or inspections may be conducted and no one may occupy a building for which a building permit is issued on either a temporary or permanent basis until the streets needed for access have been paved with a bituminous surface and the utilities are accepted by the City Engineer. G. The action or inaction of the City shall not constitute a waiver or amendment to the provisions of this Contract. To be binding, amendments or waivers shall be in writing, signed by the parties and approved by written resolution of the City Council. The City's failure to promptly take legal action to enforce this Contract shall not be a waiver or release. H. This Contract shall run with the land and may be recorded against the title to the property. In the event this Contract is recorded, upon request by Developer, the City covenants to provide a recordable Certificate of Completion within a reasonable period of time following the request, upon the completion of the work and responsibilities required herein, payment of all costs and fees required and compliance with all terms of the Contract. A release of this Contract may be provided in the same manner and subject to the same conditions as a Certificate of Completion provided there are no outstanding or ongoing obligations of Developer under the terms of this Contract. The Developer covenants with the City, its successors and assigns, that the Developer is well seized in fee title of the property being final platted and/or has obtained consents to this Contract, in the form attached hereto, from all parties who have an interest in the property; that Page 107 of 532 15 230688v2 Interstate Second Addition there are no unrecorded interests in the property being final platted; and that the Developer will indemnify and hold the City harmless for any breach of the foregoing covenants. I. Insurance. Developer and Contractor shall provide a copy of the Development Contract to their insurance professional for verification that the certificate of insurance is in compliance with the requirements of the Development Contract. Prior to execution of the final plat, Developer and its general contractor shall furnish to the City a certificate of insurance showing proof of the required insurance required under this Paragraph. Developer and its general contractor shall take out and maintain or cause to be taken out and maintained until six (6) months after the City has accepted the public improvements, such insurance as shall protect Developer and its general contractor and the City for work covered by the Contract including workers’ compensation claims and property damage, bodily and personal injury which may arise from operations under this Contract, whether such operations are by Developer and its general contractor or anyone directly or indirectly employed by either of them. The minimum amounts of insurance shall be as follows: Commercial General Liability (or in combination with an umbrella policy) $2,000,000 Each Occurrence $2,000,000 Products/Completed Operations Aggregate $2,000,000 Annual Aggregate The following coverages shall be included: Premises and Operations Bodily Injury and Property Damage Personal and Advertising Injury Blanket Contractual Liability Products and Completed Operations Liability Automobile Liability $2,000,000 Combined Single Limit – Bodily Injury & Property Damage Including Owned, Hired & Non-Owned Automobiles Workers Compensation Workers’ Compensation insurance in accordance with the statutory requirements of the State of Minnesota, including Employer’s Liability with minimum limits are as follows:  $500,000 – Bodily Injury by Disease per employee  $500,000 – Bodily Injury by Disease aggregate  $500,000 – Bodily Injury by Accident Page 108 of 532 16 230688v2 Interstate Second Addition The Developer’s and general contractor’s insurance must be “Primary and Non-Contributory”. All insurance policies (or riders) required by this Contract shall be (i) taken out by and maintained with responsible insurance companies organized under the laws of one of the states of the United States and qualified to do business in the State of Minnesota, (ii) shall name the City, its employees and agents as additional insureds (CGL and umbrella only) by endorsement which shall be filed with the City and (iii) shall identify the name of the plat. A copy of the endorsement must be submitted with the certificate of insurance. Developer’s and general contractor’s policies and Certificate of Insurance shall contain a provision that coverage afforded under the policies shall not be cancelled without at least thirty (30) days’ advanced written notice to the City, or ten (10) days’ notice for non-payment of premium. An Umbrella or Excess Liability insurance policy may be used to supplement Developer’s or general contractor’s policy limits on a follow-form basis to satisfy the full policy limits required by this Contract. J. Indemnification. To the fullest extent permitted by law, Developer agrees to defend, indemnify and hold harmless the City, and its employees, officials, and agents from and against all claims, actions, damages, losses and expenses, including reasonable attorney fees, arising out of Developer’s negligence or its performance or failure to perform its obligations under this Contract. Developer’s indemnification obligation shall apply to Developer’s general contractor, subcontractor(s), or anyone directly or indirectly employed or hired by Developer, or anyone for whose acts Developer may be liable. Developer agrees this indemnity obligation shall survive the completion or termination of this Contract. K. Each right, power or remedy herein conferred upon the City is cumulative and in addition to every other right, power or remedy, express or implied, now or hereafter arising, available to City, at law or in equity, or under any other agreement, and each and every right, power and remedy herein set forth or otherwise so existing may be exercised from time to time as often and in such order Page 109 of 532 17 230688v2 Interstate Second Addition as may be deemed expedient by the City and shall not be a waiver of the right to exercise at any time thereafter any other right, power or remedy. L. The Developer may not assign this Contract without the written permission of the City Council, which consent shall not be unreasonably withheld, conditioned, or delayed. The Developer's obligation hereunder shall continue in full force and effect even if the Developer sells one or more lots, the entire plat, or any part of it, until the City’s issuance of a Certificate of Completion and Release. M. Retaining walls that require a building permit shall be constructed in accordance with plans and specifications prepared by a structural or geotechnical engineer licensed by the State of Minnesota. Following construction, a certification signed by the design engineer shall be filed with the Building Official evidencing that the retaining wall was constructed in accordance with the approved plans and specifications. All retaining walls identified on the development plans and by special conditions referred to in this Contract shall be constructed before any other building permit is issued for a lot on which a retaining wall is required to be built. 31. NOTICES. Required notices to the Developer shall be in writing, and shall be either hand delivered to the Developer, its employees or agents, or mailed to the Developer by certified mail at the following address: 2901 E 78th Street, Minneapolis, MN 55425. Notices to the City shall be in writing and shall be either hand delivered to the City Administrator, or mailed to the City by certified mail in care of the City Administrator at the following address: Lakeville City Hall, 20195 Holyoke Avenue, Lakeville, Minnesota 55044. Page 110 of 532 18 230688v2 Interstate Second Addition CITY OF LAKEVILLE BY: ___________________________________________ Luke M. Hellier, Mayor (SEAL) AND __________________________________________ Ann Orlofsky, City Clerk STATE OF MINNESOTA ) )ss. COUNTY OF DAKOTA ) The foregoing instrument was acknowledged before me this ________ day of ______________, 2024, by Luke M. Hellier and by Ann Orlofsky, the Mayor and City Clerk of the City of Lakeville, a Minnesota municipal corporation, on behalf of the corporation and pursuant to the authority granted by its City Council. ______________________________________________ NOTARY PUBLIC Page 111 of 532 19 230688v2 Interstate Second Addition DEVELOPER: INTERSTATE LAKEVILLE PROPERTY, LLC BY: ___________________________________________ Name: Its: STATE OF MINNESOTA ) )ss. COUNTY OF DAKOTA ) The foregoing instrument was acknowledged before me this ________ day of ______________, 2024, by __________________________________ the ____________________________________ of INTERSTATE LAKEVILLE PROPERTY, LLC, a Minnesota limited liability company, on behalf of said entity. ______________________________________________ NOTARY PUBLIC DRAFTED BY: CAMPBELL, KNUTSON Professional Association Grand Oak Office Center I 860 Blue Gentian Road, Suite 290 Eagan, MN 55121 Telephone: 651-452-5000 AMP/smt Travis Penrod (Jun 11, 2024 15:40 CDT) Page 112 of 532 20 230688v2 Interstate Second Addition MORTGAGE HOLDER CONSENT TO DEVELOPMENT CONTRACT FIRST INTERSTATE BANK, a Montana state banking corporation, as successor to GREAT WESTERN BANK, which holds a mortgage executed by Interstate Lakeville Property, LLC, a Minnesota limited liability company, mortgagee, to Great Western Bank, a South Dakota banking corporation, in the original principal amount of $13,600,000.00 dated November 19, 2015, recorded November 19, 2015 with the Office of the County Recorder, Dakota County, Minnesota, as Document No. 3101302; amended by Amendment to Mortgage recorded January 28, 2021 with the Office of the County Recorder, Dakota County, Minnesota, as Document No. 3434492, on the subject property, and any other amounts which may become due and payable under the terms thereof, on the subject property, the development of which is governed by the foregoing Development Contract, agrees that the Development Contract shall remain in full force and effect even if it forecloses on its mortgage. Dated this _____ day of ____________, 2024. FIRST INTERSTATE BANK By: _________________________ [print name] Its: ______________________ [title] STATE OF ______________ ) )ss. COUNTY OF __________ ) The foregoing instrument was acknowledged before me this _________day of _____________, 2024, by ________________________________________________________________________ the ________________________________________ of First Interstate Bank, a Montana state banking corporation, on behalf of said entity. __________________________________________ NOTARY PUBLIC DRAFTED BY: CAMPBELL KNUTSON Professional Association Grand Oak Office Center I 860 Blue Gentian Road, Suite 290 Eagan, Minnesota 55121 651-452-5000 AMP/smt Page 113 of 532 21 230688v2 Interstate Second Addition EXHIBIT “A” TO DEVELOPMENT CONTRACT Legal Description of Property Being Final Platted as INTERSTATE SECOND ADDITION Lot 1, Block 1, Interstate First Addition, Dakota County, Minnesota, according to the recorded plat thereof; And That part lying West of the East 348.00 feet of the following described parcel: That part of Lot 1, Block 1, Acorn Tappe First Addition, Dakota County, Minnesota, according to the recorded plat thereof, lying West of the following described line: Commencing at the Northeast corner of said Lot 1, thence South 89 degrees 18 minutes 21 seconds West, assumed bearing along the North line of said Lot 1, a distance of 251.61 feet to the beginning of the line to be described, thence South a distance of 634.43 feet to the South line of said Lot 1 and said line there terminating. (Abstract Property) [to be platted as Interstate Second Addition, Dakota County, Minnesota.] Page 114 of 532 22 230688v2 Interstate Second Addition [BANK LETTERHEAD] IRREVOCABLE LETTER OF CREDIT No. ___________________ Date: _________________ TO: City of Lakeville 20195 Holyoke Avenue Lakeville, Minnesota 55044 Dear Sir or Madam: We hereby issue, for the account of (Name of Developer) and in your favor, our Irrevocable Letter of Credit in the amount of $____________, available to you by your draft drawn on sight on the undersigned bank. The draft must: a) Bear the clause, "Drawn under Letter of Credit No. __________, dated ________________, 2_____, of (Name of Bank) "; b) Be signed by the City Administrator or Finance Director of the City of Lakeville. c) Be presented for payment at (Address of Bank) , on or before 4:00 p.m. on November 30, 2_____. This Letter of Credit shall automatically renew for successive one-year terms unless, at least forty-five (45) days prior to the next annual renewal date (which shall be November 30 of each year), the Bank delivers written notice to the Lakeville Finance Director that it intends to modify the terms of, or cancel, this Letter of Credit. Written notice is effective if sent by certified mail, postage prepaid, and deposited in the U.S. Mail, at least forty-five (45) days prior to the next annual renewal date addressed as follows: Lakeville Finance Director, Lakeville City Hall, 20195 Holyoke Avenue, Lakeville, MN 55044, and is actually received by the Finance Director at least thirty (30) days prior to the renewal date. DEMAND(S) FOR PAYMENT MAY ALSO BE MADE BY FACSIMILE TRANSMISSION TO ________ OR SUCH OTHER FAX NUMBER AS (NAME OF ISSUING BANK) MAY IDENTIFY IN A WRITTEN NOTICE TO YOU. TO THE EXTENT PRESENTATION IS MADE BY FACSIMILE TRANSMISSION YOU MUST PROVIDE TELEPHONE NOTIFICATION THEREOF TO (NAME OF ISSUING BANK) AT TELEPHONE NUMBER: _________ PRIOR TO OR SIMULTANEOUSLY WITH THE SENDING OF SUCH FACSIMILE TRANSMISSION. HOWEVER, THE ABSENCE OF SUCH TELEPHONE CONFIRMATION AS DESCRIBED ABOVE DOES NOT AFFECT OUR OBLIGATION TO HONOR SUCH DRAWING, IF SUCH DRAWING IS OTHERWISE IN COMPLIANCE WITH THE TERMS AND CONDITIONS OF THIS IRREVOCABLE LETTER OF CREDIT. IF DEMAND FOR PAYMENT IS MADE BY FAX, PRESENTATION OF ORIGINAL DOCUMENTS IS NOT REQUIRED. OR DEMAND(S) FOR PAYMENT TO BE MADE VIA EMAIL TO _______________. PRESENTATION OF ORIGINAL DOCUMENTS IS NOT REQUIRED. This Letter of Credit sets forth in full our understanding which shall not in any way be modified, amended, amplified, or limited by reference to any document, instrument, or agreement, whether or not referred to herein. Page 115 of 532 23 230688v2 Interstate Second Addition This Letter of Credit is not assignable. This is not a Notation Letter of Credit. More than one draw may be made under this Letter of Credit. This Letter of Credit shall be governed by the most recent revision of the Uniform Customs and Practice for Documentary Credits, International Chamber of Commerce Publication No. 600. We hereby agree that a draft drawn under and in compliance with this Letter of Credit shall be duly honored upon presentation. [NAME OF BANK] BY: ____________________________________ Its ______________________________ 28949300v4 Page 116 of 532 Page 117 of 532 Page 118 of 532 Page 119 of 532 Page 120 of 532 Page 121 of 532 Page 122 of 532 Page 123 of 532 Page 124 of 532 Page 125 of 532 Page 126 of 532 Page 127 of 532 Page 128 of 532 KNOW ALL PERSONS BY THESE PRESENTS: That Interstate Lakeville Property, LLC, a Minnesota limited liability company, owner of the following described property: Lot One (1), Block One (1), INTERSTATE FIRST ADDITION, according to the recorded plat thereof, Dakota County, Minnesota. AND That part lying west of the East 348.00 feet of the following described parcel: That part of Lot 1, Block 1, ACORN TAPPE FIRST ADDITION, Dakota County, Minnesota, according to the recorded plat thereof lying west of the following described line: Commencing at the northeast corner of said Lot 1; thence South 89 degrees 18 minutes 21 seconds West, assumed bearing, along the north line of said Lot 1, a distance of 251.61 feet to the point of beginning of the line to be described; thence South a distance of 634.43 feet to the south line of said Lot 1 and said line there terminating. Has caused the same to be surveyed and platted as INTERSTATE SECOND ADDITION and does hereby dedicate to the public for public use the drainage and utility easements as created by this plat. In witness whereof said Interstate Lakeville Property, LLC, a Minnesota limited liability company has caused these presents to be signed by its proper officer this ________ day of ___________________, 20 _______. Signed: Interstate Lakeville Property, LLC __________________________________________, Chief Manager Signature ___________________________________________ Printed STATE OF MINNESOTA COUNTY OF____________________ The foregoing instrument was acknowledged before me this ______ day of ________________, 20 ______, by _______________________, Chief Manager of Interstate Lakeville Property, LLC. _______________________________________ Signature _______________________________________ Print Notary Public, ____________ County, Minnesota My Commission Expires ____________________ I, Russell P. Damlo, do hereby certify that this plat was prepared by me or under my direct supervision; that I am a duly Licensed Land Surveyor in the State of Minnesota; that this plat is a correct representation of the boundary survey; that all mathematical data and labels are correctly designated on this plat; that all monuments depicted on this plat have been, or will be correctly set within one year; that all water boundaries and wet lands, as defined in Minnesota Statutes, Section 505.01, Subd. 3, as of the date of this certificate are shown and labeled on this plat; and all public ways are shown and labeled on this plat. Dated this ________ day of ____________________, 20 ____. ____________________________________ Russell P. Damlo, Land Surveyor Minnesota License No. 19086 STATE OF MINNESOTA COUNTY OF____________________ This instrument was acknowledged before me this ________ day of _______________________, 20 _______, by Russell P. Damlo, Minnesota License No. 19086. _______________________________________ Signature _______________________________________ Print Notary Public, ____________ County, Minnesota My Commission Expires ____________________ CITY COUNCIL, CITY OF LAKEVILLE, STATE OF MINNESOTA This plat of INTERSTATE SECOND ADDITION was approved and accepted by the City Council of the City of Lakeville, Minnesota at a regular meeting thereof held this __________ day of __________________, 20 _______, and said plat is in compliance with the provisions of Minnesota Statutes, Section 505.03, Subd. 2. ____________________________________ _____________________________________ Mayor City Clerk COUNTY SURVEYOR, COUNTY OF DAKOTA, STATE OF MINNESOTA I hereby certify that in accordance with Minnesota Statutes, Section 505.021, Subd. 11, this plat has been reviewed and approved this _________ day of ____________________, 20 ______. By: __________________________________ Todd B. Tollefson Dakota County Surveyor COUNTY BOARD, COUNTY OF DAKOTA, STATE OF MINNESOTA We do hereby certify that on the _________ day of ______________, 20 _____, the Board of Commissioners of Dakota County, Minnesota approved this plat of INTERSTATE SECOND ADDITION, and said plat is in compliance with the provisions of 505.03, Subd. 2, and pursuant to the Dakota County Contiguous Plat Ordinance. DEPARTMENT OF PROPERTY TAXATION AND RECORDS,COUNTY OF DAKOTA, STATE OF MINNESOTA Pursuant to Minnesota Statutes, Section 505.021, Subd. 9, taxes payable in the year 20 _________ on the land hereinbefore described have been paid. Also, pursuant to Minnesota Statutes, Section 272.12, there are no delinquent taxes and transfer entered on this ___________ day of ______________________, 20 _____. _____________________________________ Amy T. Koethe, Director Department of Property Taxation and Records COUNTY RECORDER, COUNTY OF DAKOTA, STATE OF MINNESOTA I hereby certify that this plat of INTERSTATE SECOND ADDITION was filed in the office of the County Recorder for public record on this _______ day of ______________________, 20 ______, at _____ o'clock ___. M., and was duly filed in Book _________________________ of Plats on Page ______________________ as Document Number _________________________. _____________________________________ Amy T. Koethe, County Recorder Page 129 of 532 L O T 1 B L O C K 1 26.0020.33N0°22'38"E103.30N89°37'22"W 40.00 N88°15'07"E 253.45 N89°50'07"E 745.77 20 FOOT WIDE PRIVATE RAIL SPUR EASEMENT PER DOC. 1881670 S89°50'09"W 687.63 Δ =3 °17 '0 5 " R =113 7 4 .16 6 5 2 .0 5 N00°22'47"E614.551337.47 N89°52'33"E 634.19N00°31'48"EN88°49'28"E 340.13 304.0 ACCESS EASEMENT PER DOC. NO. 3039551 70 FOOT WIDE PRIVATE DRIVE ACCESS EASEMENT IN FAVOR OF LOT 1, BLOCK 1, PER DOC. NO. 1881671 WEST LINE OF LOT 1, BLOCK 1,INTERSTATE FIRST ADDITIONN89°52'33"E 959.62 N89°52'33"E 348.02 1010101010101010709088 TRANSMISSION LINE EASEMENT PER DOC. NO. 1662419 17080 NORTH LINE OF THE SOUTHWEST 14, SECTION 33, TOWNSHIP114, RANGE 20 ACCESS EASEMENT PER DOC. NO. 3424992 348 251.61 NORTH LINE OF LOT 1, BLOCK 1, ACORN TAPPE FIRST ADDITION NORTHEAST CORNER OF LOT 1, BLOCK 1,ACORN TAPPE FIRST ADDITION80.00 20.20170 80 RIGHT OF ACCESS DELICATED TO DAKOTA COUNTY PER RECORD PLAT OF ACORN TAPPE FIRST ADDITION SET IP FD IP #23189 FD IP #23189 FD IP #23189 FD IP #23189 67.46NORTHWEST CORNER OF THE SOUTHWEST QUARTER OF SEC. 33-T114-R20 SET IP BEING 10 FEET IN WIDTH AND ADJOINING LOT LINES UNLESS OTHERWISE INDICATED ON THE PLAT DRAINAGE AND UTILITY EASEMENTS DENOTES 1/2" IRON MONUMENT FOUND, UNLESS OTHERWISE SHOWN. DENOTES 1/2" BY 14" IRON MONUMENT SET MARKED BY LICENSE NUMBER 19086, UNLESS OTHERWISE SHOWN. ARE SHOWN THUS THE WEST LINE OF LOT 1, BLOCK 1, INTERSTATE FIRST ADDITION HAS AN ASSUMED BEARING OF N0°22'47"E10 10 1010DENOTES "RESTRICTED ACCESS" DEDICATED TO DAKOTA COUNTY PER THE PLAT OF ACORN TAPPE FIRST ADDITION C S A H NO. 50 C S A H NO. 70 HIGHVIEW AVE.HAMBURGAVE.(215TH STREET)C S A H NO. 23(CEDAR AVE.)SITE VICINITY MAP NW 1/4 NE 1/4 SE 1/4SW 1/4 SEC 33 - T114 - R20 DAKOTA COUNTY, MINNESOTA Page 130 of 532 Date: 6/17/2024 Agreement with EMI Audio for the Purchase and Installation of a Sound System at the Heritage Center Proposed Action Staff recommends adoption of the following motion: Move to approve Agreement with EMI Audio for the Purchase and Installation of a Sound System at the Heritage Center Overview The Heritage Center sound system will be installed in the Heritage Room and will be available for Lakeville Area Active Adults events and available to rent for private events. This system is designed to incorporate inputs from a variety of sources anticipating a wide range of facility uses. The package also includes handheld wireless microphones and a universal touch screen for audio control. EMI Audio will complete the installation and balance of the system, minimizing the appearance of cable raceways. EMI has previously installed the sound systems at Antlers Park, Lakeville Area Arts Center and Casperson Park Outdoor Performance Stage. They also provide a unique loaner program for their customers. In the event of equipment failure, loaner equipment can be used for free until repairs can be made, minimizing downtime. Supporting Information 1. Agreement with EMI Audio 2. EMI Audio Quote Financial Impact: $21,737.57 Budgeted: Yes Source: Capital Outlay-Building/Facility Fund Envision Lakeville Community Values: Access to a Multitude of Natural Amenities and Recreational Opportunities Report Completed by: Susan Johnson, Recreation Manager Page 131 of 532 1 NON-BID CONTRACT FOR PURCHASE OF GOODS AND SERVICES AGREEMENT made this Seventeenth day of June, 2024, by and between the CITY OF LAKEVILLE, a Minnesota municipal corporation ("City") and ELECTRIC MUSICAL INSTRUMENTS, INC. DBA EMI Audio, a Minnesota corporation ("Contractor"). IN CONSIDERATION OF THEIR MUTUAL COVENANTS, THE PARTIES AGREE AS FOLLOWS: 1. CONTRACT DOCUMENTS. The following documents shall be referred to as the “Contract Documents,” all of which shall be taken together as a whole as the contract between the parties as if they were set verbatim and in full herein: A. This Agreement. B. Contractor’s Quote dated June 3, 2024. In the event of a conflict among the provisions of the Contract Documents, the order in which they are listed above shall control in resolving any such conflicts. Contract Document “A” has the first priority and Contract Document “B” has the last priority. 2. CONTRACTOR OBLIGATIONS. The Contractor shall provide the goods, services and perform the work in accordance with the Contract Documents (“Work”). Contractor shall provide all personnel, supervision, services, materials, tools, equipment and supplies and do all things necessary and ancillary thereto specified in the Contract Documents. 3. CONTRACTOR’S REPRESENTATIONS. A. Contractor has examined and carefully studied the Contract Documents and other related data identified in the Contract Documents. B. Contractor is familiar with and is satisfied as to all federal, state, and local Laws and Regulations that may affect cost, progress, and performance of the Work. C. Contractor has given City written notice of all conflicts, errors, ambiguities, or discrepancies that Contractor has discovered in the Contract Documents, and the written resolution thereof by City is acceptable to Contractor. D. The Contract Documents are generally sufficient to indicate and convey understanding of all terms and conditions for performance and furnishing of the Work. 4. COMPENSATION. Contractor shall be paid by the City for the goods and services described in Paragraph 2 in accordance with the Quote, but not to exceed $21,737.51 $22,487.71 which is inclusive of reimbursable expenses. The fee shall not be adjusted even if the estimated number of hours to perform a task, or any other estimate, assumption or matter is wrong or exceeded. Page 132 of 532 2 Payment shall be made periodically after a service has been completed and within thirty-five (35) days of receipt of an invoice. 5. COMPLETION DATE. The Contractor shall complete the Work on or before August 2, 2024 6. WARRANTY. The Contractor shall be held responsible for any and all defects in workmanship and materials and upon notification by the City shall immediately replace or repair the defective workmanship and materials without cost to the City. The Contractor warrants that only new unused materials will be used. The Contractor further warrants to the City that all materials and services furnished under the Contract will be in conformance with Contract Documents and that the goods are of merchantable quality and are fit for the use for which they are sold. These warranties are in addition to any manufacturer's standard warranty, and any warranty provided by law. 7. RIGHTS AND REMEDIES. A. The duties and obligations imposed by the Contract Documents, and the rights and remedies available thereunder shall be in addition to, and not a limitation of, any duties, obligations, rights and remedies otherwise imposed or available by law. B. No action, or failure to act, by the City or the Contractor shall constitute a waiver of any right or duty afforded any of them under the Contract, nor shall any such action or failure to act constitute an approval of, or acquiescence in, any breach there under, except as may be specifically agreed in writing. 8. CHANGES TO WORK. Without invalidating the Contract, the City may, at any time, or from time to time, order additions, deletions or revisions in the work provided under this Agreement; these will be authorized by an amendment to the Contract. Upon approval of an amendment, Contractor shall proceed with the work provided under the amendment. Changes in the Contract Price shall be based upon the prices identified in the Quote provided or negotiated between the parties based on similar work provided in the Proposal. 9. UNAUTHORIZED WORK. Additional work performed without authorization of an amendment of this Contract will not entitle Contractor to an increase in the Compensation or an extension of the Contract. 10. DOCUMENTS. The City shall be the owner of all documents, reports, studies, analysis and the like prepared by the Contractor in conjunction with this contract. 11. COMPLIANCE WITH LAWS AND REGULATIONS. In providing services hereunder, Contractor shall abide by all statutes, ordinances, rules and regulations pertaining to the provisions of goods and services to be provided. 12. STANDARD OF CARE. Contractor shall exercise the same degrees of care, skill, and diligence in the performance of the services as is ordinarily possessed and exercised by a professional Contractor under similar circumstances. No other warranty, expressed or implied, is included in this Agreement. City shall not be responsible for discovering deficiencies in the accuracy of Contractor’s services. Page 133 of 532 3 13. INDEMNIFICATION. To the fullest extent permitted by law, Contractor agrees to defend, indemnify and hold harmless the City, and its employees, officials, and agents from and against all claims, actions, damages, losses and expenses, including reasonable attorney fees, arising out of Contractor’s negligence or its performance or failure to perform its obligations under this Contract. Contractor’s indemnification obligation shall apply to subcontractor(s), or anyone directly or indirectly employed or hired by Contractor, or anyone for whose acts Contractor may be liable. Contractor agrees this indemnity obligation shall survive the completion or termination of this Contract. 14. INSURANCE. Prior to the start of the project, Contractor shall furnish to the City a certificate of insurance showing proof of the required insurance required under this Paragraph. Contractor shall take out and maintain or cause to be taken out and maintained until six (6) months after the City has accepted the public improvements, such insurance as shall protect Contractor and the City for work covered by the Contract including workers’ compensation claims and property damage, bodily and personal injury which may arise from operations under this Contract, whether such operations are by Contractor or anyone directly or indirectly employed by either of them. The minimum amounts of insurance shall be as follows: Commercial General Liability (or in combination with an umbrella policy) $2,000,000 Each Occurrence $2,000,000 Products/Completed Operations Aggregate $2,000,000 Annual Aggregate The following coverages shall be included: Premises and Operations Bodily Injury and Property Damage Personal and Advertising Injury Blanket Contractual Liability Products and Completed Operations Liability Automobile Liability $2,000,000 Combined Single Limit – Bodily Injury & Property Damage Including Owned, Hired & Non-Owned Automobiles Workers Compensation Workers’ Compensation insurance in accordance with the statutory requirements of the State of Minnesota, including Employer’s Liability with minimum limits are as follows: $500,000 – Bodily Injury by Disease per employee $500,000 – Bodily Injury by Disease aggregate $500,000 – Bodily Injury by Accident The Contractor’s insurance must be “Primary and Non-Contributory”. All insurance policies (or riders) required by this Contract shall be (i) taken out by and maintained with responsible insurance companies organized under the laws of one of the states of the United States and qualified to do business in the State of Minnesota, (ii) shall name the City, its employees Page 134 of 532 4 and agents as additional insureds (CGL and umbrella only) by endorsement which shall be filed with the City. A copy of the endorsement must be submitted with the certificate of insurance. Contractor’s policies and Certificate of Insurance shall contain a provision that coverage afforded under the policies shall not be cancelled without at least thirty (30) days’ advanced written notice to the City, or ten (10) days’ notice for non-payment of premium. An Umbrella or Excess Liability insurance policy may be used to supplement Contractor’s policy limits on a follow-form basis to satisfy the full policy limits required by this Contract. 15. INDEPENDENT CONTRACTOR. The City hereby retains the Contractor as an independent contractor upon the terms and conditions set forth in this Agreement. The Contractor is not an employee of the City and is free to contract with other entities as provided herein. Contractor shall be responsible for selecting the means and methods of performing the work. Contractor shall furnish any and all supplies, equipment, and incidentals necessary for Contractor's performance under this Agreement. City and Contractor agree that Contractor shall not at any time or in any manner represent that Contractor or any of Contractor's agents or employees are in any manner agents or employees of the City. Contractor shall be exclusively responsible under this Agreement for Contractor's own FICA payments, workers compensation payments, unemployment compensation payments, withholding amounts, and/or self-employment taxes if any such payments, amounts, or taxes are required to be paid by law or regulation. 16. SUBCONTRACTORS. Contractor shall not enter into subcontracts for services provided under this Agreement without the express written consent of the City. Contractor shall comply with Minnesota Statute § 471.425. Contractor must pay Subcontractor for all undisputed services provided by Subcontractor within ten days of Contractor’s receipt of payment from City. Contractor must pay interest of 1.5 percent per month or any part of a month to Subcontractor on any undisputed amount not paid on time to Subcontractor. The minimum monthly interest penalty payment for an unpaid balance of $100 or more is $10. 17. ASSIGNMENT. Neither party shall assign this Agreement, nor any interest arising herein, without the written consent of the other party. 18. WAIVER. Any waiver by either party of a breach of any provisions of this Agreement shall not affect, in any respect, the validity of the remainder of this Agreement. 19. ENTIRE AGREEMENT. The entire agreement of the parties is contained herein. This Agreement supersedes all oral agreements and negotiations between the parties relating to the subject matter hereof as well as any previous agreements presently in effect between the parties relating to the subject matter hereof. Any alterations, amendments, deletions, or waivers of the provisions of this Agreement shall be valid only when expressed in writing and duly signed by the parties, unless otherwise provided herein. 20. CONTROLLING LAW. This Agreement shall be governed by and construed in accordance with the laws of the State of Minnesota. 21. COPYRIGHT. Contractor shall defend actions or claims charging infringement of any copyright or patent by reason of the use or adoption of any designs, drawings or Page 135 of 532 5 specifications supplied by it, and it shall hold harmless the City from loss or damage resulting there from. 22. RECORDS/AUDIT. The Contractor shall maintain complete and accurate records of time and expense involved in the performance of services. Pursuant to Minnesota Statutes § 16C.05, Subd. 5, any books, records, documents, and accounting procedures and practices of City and Contractor relevant to the Agreement are subject to examination by City and Contactor, and either the Legislative Auditor or the State Auditor as appropriate. City and Contractor agree to maintain these records for a period of six years from the date of performance of all services covered under this Agreement. 23. MINNESOTA GOVERNMENT DATA PRACTICES ACT. Contractor must comply with the Minnesota Government Data Practices Act, Minnesota Statutes Chapter 13, as it applies to (1) all data provided by the City pursuant to this Agreement, and (2) all data, created, collected, received, stored, used, maintained, or disseminated by the Contractor pursuant to this Agreement. Contractor is subject to all the provisions of the Minnesota Government Data Practices Act, including but not limited to the civil remedies of Minnesota Statutes Section 13.08, as if it were a government entity. In the event Contractor receives a request to release data, Contractor must immediately notify City. City will give Contractor instructions concerning the release of the data to the requesting party before the data is released. Contractor agrees to defend, indemnify, and hold City, its officials, officers, agents, employees, and volunteers harmless from any claims resulting from Contractor’s officers’, agents’, city’s, partners’, employees’, volunteers’, assignees’ or subcontractors’ unlawful disclosure and/or use of protected data. The terms of this paragraph shall survive the cancellation or termination of this Agreement. 24. TERMINATION. This Agreement may be terminated by City on two (2) days’ written notice delivered to Contractor at the address on file with the City. Upon termination under this provision if there is no fault of the Contractor, the Contractor shall be paid for goods and services rendered and reimbursable expenses until the effective date of termination. If the City terminates the Agreement because the Contractor has failed to perform in accordance with this Agreement, no further payment shall be made to the Contractor, and the City may retain another Contractor to undertake or complete the work identified in this Agreement. Dated: June 17, 2024 CITY OF LAKEVILLE By: Luke M. Hellier, Mayor And: Ann Orlofsky, City Clerk Page 136 of 532 6 Dated: April 1, 2024 ELECTRICT MUSICAL INSTRUMENTS, INC. dba EMI AUDIO By: Jeff Geisler Print Name:_________________________________ Its:________________________________________ JEff Geisler (Jun 12, 2024 12:42 PDT) 12/06/24 Page 137 of 532 Contract for Purchase of Goods and Services - EMI AUDIO - Heritage Final Audit Report 2024-06-12 Created:2024-06-12 By:Stella Eskelson (seskelson@lakevillemn.gov) Status:Signed Transaction ID:CBJCHBCAABAAySGvj9zdPriudh5P5J6HFbopuoRQE961 "Contract for Purchase of Goods and Services - EMI AUDIO - H eritage" History Document created by Stella Eskelson (seskelson@lakevillemn.gov) 2024-06-12 - 7:00:05 PM GMT Document emailed to JEff Geisler (jeff@emiaudio.com) for signature 2024-06-12 - 7:00:09 PM GMT Email viewed by JEff Geisler (jeff@emiaudio.com) 2024-06-12 - 7:39:03 PM GMT Document e-signed by JEff Geisler (jeff@emiaudio.com) Signature Date: 2024-06-12 - 7:42:55 PM GMT - Time Source: server Agreement completed. 2024-06-12 - 7:42:55 PM GMT Page 138 of 532 4719 42nd AVE N Robbinsdale, MN 55422 612-789-2496 Phone 612-789-2873 Fax www.EMIAudio.com Quote q16136 Mon 6/ 3/2024 10:00AM JEFF GEISLER On Account Status: Quote #: Terms: Operator: Quote To: LAKEVILLE AREA ART CENTER Customer #: 14733 Phone 952-985-4640 Job Descr: ATTN ART CENTER 20195 HOLYOKE AVENUE Heritage Room Sound System Lakeville, MN 55044 Sales Rep: Jeff Geisler Jeff@EMIAudio.com - - This quote would install a sound system at the Lakeville Heritage Center. This AV system will consist of an equipment rack that will be installed in the closet across the hall. The equipment rack will house a digital audio signal processor, two wireless mic receivers, a stereo amplifier, a network switch and a power sequencer. Your wireless mic package will consist of two systems. You will have two handheld transmitters and one beltpack transmitter. The beltpack transmitter will come with a ear mounted mic. You will only be able to use two mics at a time. We will install 18 new Bose DM-2C speakers in this room for excellent performance and coverage. They will be mounted in the ceiling tiles. We use a TV that you provide. This TV will be connected to a HDMI input panel located just below the TV. Audio from the TV's optical output will be converted to a balanced mic level and routed back to the sound system. A wall plate with a Blue tooth input and auxiliary input will be mounted next to the HDMI connector. A 4"touch panel control panel will be installed beside the TV. This control will turn the system on and off, and control all the audio levels. A mic jack will be installed below the TV, on the wall across from the TV and on the wall at the end of the room. The system will be installed by our licensed and insured technicians. ItemsQty Each Price PR BOSE DESIGNMAX DM2C-LP IN WHITE $2,172.06$241.349 Celing Speaker Support Wire $159.30$8.8518 BOSE P2600A AMPLIFIER $1,127.16$1,127.161 BOSE EX-1280 PROCESSOR $2,820.69$2,820.691 RTI KX4 4" IN-WALL UNIVERSAL CONTROLLE $1,075.50$1,075.501 LOWELL LWR1623 WALL MOUNT RACK $952.84$952.841 LOWELL LFD-16FV VENTED FRONT DOOR $356.00$356.001 FURMAN CN-1800S 15A SEQUENCER $506.28$506.281 SHURE QLXD-4 RECEIVER $1,358.00$679.002 SHURE QLXD2 SM58 $858.00$429.002 Shure QLXD-1 Transmitter $359.00$359.001 SHURE MX-153 TAN WITH TA-4 $259.00$259.001 UA844+SWB ANTENNA DISTRIBUTION SYSTEM $614.00$614.001 EMI CUSTOM 50' UHF ANTENNA CABLE $275.80$137.902 RDL DD-BTN44 DANTE ENDPOINT $950.13$950.131 LABOR EMI AUDIO $5,250.00$187.5028 Begin at: 9:00:00AMFri 5/17/2024 System Installation LABOR EMI AUDIO $1,500.00$187.508 Begin at: 9:00:00AMWed 1/24/2024 System programming WEST PENN 25291B 22-2 PLENUM $45.00$0.30150 WEST PENN 25224B 18-2 PLENUM $126.00$0.42300 WEST PENN 254246EZ CAT 6 PLENUM $234.00$0.78300 KRAMER WP-H1M-W WHITE HDMI WALL PLATE $66.00$66.001 WYRESTORM EXPRESS 3M HDMI CABLE $18.00$18.001 KRAMER C-HM/HM PRO-15 $65.00$65.001 Contract-Params.rpt (4)Printed On Tue 6/ 4/2024 9:49:11AM Software by Point-of-Rental Software www.point-of-rental.com Store Hours: 10-5pm Mon-Sat Modification #3 Page 139 of 532 Page 2 of 2LAKEVILLE AREA ART CENTERq16136Quote #: ItemsQty Each Price Fiber to Audio interface $42.00$42.001 LAPTOP INTERFACE $59.95$59.951 misc fasteners and raceway.$180.00$180.001 LUXUL SW-100-08P NETWORK SWITCH $240.00$240.001 RDL D-XLR3F SINGLE XLR $67.80$22.603 Quote valid for 30 days Quote valid for 30 days Quote LAKEVILLE AREA ART CENTER Signature: $21,737.51 $0.00 $21,737.51 $21,737.51 Project Total: Paid: Total: Subtotal: Sales:$21,737.51 Contract-Params.rpt (4)Printed On Tue 6/ 4/2024 9:49:11AM Software by Point-of-Rental Software www.point-of-rental.com Store Hours: 10-5pm Mon-Sat Modification #3 Page 140 of 532 Date: 6/17/2024 Brookshire 3rd Addition Final Plat Proposed Action Staff recommends adoption of the following motion: Move to adopt a resolution approving the Brookshire 3rd Addition final plat. Overview D.R. Horton representatives are requesting approval of the Brookshire 3rd Addition final plat of 58 single family lots. 36 attached townhome lots, and seven outlots on 153 acres located south of 170th Street and east of Eagleview Drive. This is the third development phase of the Brookshire preliminary plat of 555 single family lots and 181 attached townhome units that was approved by the City Council on May 2, 2022. The first phase final plat of 196 single family lots and 71 attached townhome units was approved by the City Council on August 1, 2022 and the second phase final plat of 104 single family lots was approved by the City Council on June 5th, 2023. Supporting Information 1. Final Plat Resolution 2. Signed Development Contract 3. Planning and Engineering Reports Financial Impact: $0 Budgeted: No Source: Envision Lakeville Community Values: A Home for All Ages and Stages of Life Report Completed by: Kris Jenson, Planning Manager Page 141 of 532 (Reserved for Dakota County Recording Information) CITY OF LAKEVILLE DAKOTA COUNTY, MINNESOTA RESOLUTION NO. 24-_____ RESOLUTION APPROVING THE FINAL PLAT OF BROOKSHIRE 3RD ADDITION WHEREAS, the owner of the property described as BROOKSHIRE 3RD ADDITION has requested final plat approval; and WHEREAS, the preliminary plat was reviewed by the Planning Commission and the Parks, Recreation and Natural Resources Committee and approved by the City Council; and WHEREAS, the final plat is consistent with the preliminary plat; and WHEREAS, the final plat is acceptable to the City; NOW THEREFORE BE IT RESOLVED by the Lakeville City Council: 1. The BROOKSHIRE 3RD ADDITION final plat is approved subject to the development contract and security requirements. 2. The Mayor and City Clerk are hereby directed to execute the development contract, final plat mylars, and all documents required pursuant to the development contract. 3. The City Clerk is directed to file a certified copy of this resolution with the Dakota County Recorder. ADOPTED by the Lakeville City Council this 17th day of June 2024 CITY OF LAKEVILLE Page 142 of 532 2 Luke M. Hellier, Mayor ATTEST: _______________________ Ann Orlofsky, City Clerk STATE OF MINNESOTA ) ( CITY OF LAKEVILLE ) I hereby certify that the foregoing Resolution No. 24-____is a true and correct copy of the resolution presented to and adopted by the City Council of the City of Lakeville at a duly authorized meeting thereof held on the 17th day of June 2024 as shown by the minutes of said meeting in my possession. __________________________ Ann Orlofsky City Clerk (SEAL) Drafted By: City of Lakeville 20195 Holyoke Avenue Lakeville, MN 55044 Page 143 of 532 1 230900v5 Brookshire 3rd Addition (reserved for recording information) DEVELOPMENT CONTRACT (Developer Installed Improvements) BROOKSHIRE 3RD ADDITION CONTRACT dated ____________________, 2024, by and between the CITY OF LAKEVILLE, a Minnesota municipal corporation (“City”), and FORESTAR (USA) REAL ESTATE GROUP INC., a Delaware corporation (the “Developer”). 1. REQUEST FOR PLAT APPROVAL. The Developer has asked the City to approve a plat for BROOKSHIRE 3RD ADDITION (referred to in this Contract as the "plat"). The land is situated in the County of Dakota, State of Minnesota, and is legally described as: Outlot L and Outlot M, Brookshire, Dakota County, Minnesota, according to the recorded plat thereof. [to be platted as Brookshire 3rd Addition, Dakota County, Minnesota.] 2. CONDITIONS OF PLAT APPROVAL. The City hereby approves the plat on condition that the Developer enter into this Contract, furnish the security required by it, and record the plat with the Count y Recorder or Registrar of Titles within 180 days after the City Council approves the final plat. 3. RIGHT TO PROCEED. Within the plat or land to be platted, the Developer may not grade or otherwise disturb the earth or remove trees, unless a grading permit has been approved by the City Engineer Page 144 of 532 2 230900v5 Brookshire 3rd Addition following approval of a preliminary plat by the City Council, construct sewer lines, water lines, streets, utilities, public or private improvements, or any buildings until all the following conditions have been satisfied: 1) this agreement has been fully executed by both parties and filed with the City Clerk, 2) the necessary security has been received by the City, 3) the necessary insurance for the Developer and its construction contractors has been received by the City, and 4) the plat has been filed with the Dakota County Recorder or Registrar of Titles’ office. 4. PHASED DEVELOPMENT. If the plat is a phase of a multi-phased preliminary plat, the City may refuse to approve final plats of subsequent phases if the Developer has breached this Contract and the breach has not been remedied. Development of subsequent phases may not proceed until Development Contracts for such phases are approved by the City. Park dedication charges referred to in this Contract are not being imposed on outlots, if any, in the plat that are designated in an approved preliminary plat for future subdivision into lots and blocks. Such charges will be calculated and imposed when the outlots are final platted into lots and blocks. 5. PRELIMINARY PLAT STATUS. If the plat is a phase of a multi-phased preliminary plat, the preliminary plat approval for all phases not final platted shall lapse and be void unless final platted into lots and blocks, not outlots, within four (4) years after preliminary plat approval. 6. CHANGES IN OFFICIAL CONTROLS. For two (2) years from the date of this Contract, no amendments to the City’s Comprehensive Plan, except an amendment placing the plat in the current metropolitan urban service area, or official controls shall apply to or affect the use, development density, lot size, lot layout or dedications of the approved plat unless required by state or federal law or agreed to in writing by the City and the Developer. Thereafter, notwithstanding anything in this Contract to the contrary, to the full extent permitted by state law, the City may require compliance with any amendments to the City’s Comprehensive Plan, official controls, platting or dedication requirements enacted after the date of this Contract. 7. DEVELOPMENT PLANS. The plat shall be developed in accordance with the following plans. The plans shall not be attached to this Contract. With the exception of Plans A, B, C, and F the plans Page 145 of 532 3 230900v5 Brookshire 3rd Addition may be prepared, subject to the City Engineer’s approval, after entering the Contract, but before commencement of any work in the plat. The City Engineer may approve minor amendments to Plan B without City Council approval. The erosion control plan may also be approved by the Dakota County Soil and Water Conservation District. If the plans vary from the written terms of this Contract, the written terms shall control. The plans are: Plan A - Plat Plan B - Final Grading, Drainage, and Erosion Control Plan Plan C - Tree Preservation Plan Plan D - Plans and Specifications for Public Improvements Plan E - Street Lighting Plan Plan F - Landscape Plan 8. IMPROVEMENTS. The Developer shall install and pay for the following: A. Sanitary Sewer System B. Water System C. Storm Sewer System D. Streets E. Concrete Curb and Gutter F. Street Lights G. Site Grading, Stormwater Treatment/Infiltration Basins, and Erosion Control H. Underground Utilities I. Setting of Iron Monuments J. Surveying and Staking K. Sidewalks and Trails L. Retaining Walls The improvements shall be installed in accordance with the City subdivision ordinance; City standard specifications for utility and street construction; and any other ordinances including Section 11-16-7 of the Page 146 of 532 4 230900v5 Brookshire 3rd Addition City Code concerning erosion and drainage and Section 4-1-4-2 prohibiting grading, construction activity, and the use of power equipment between the hours of 10 o’clock p.m. and 7 o’clock a.m. The Developer shall submit plans and specifications which have been prepared by a competent registered professional engineer to the City for approval by the City Engineer. The Developer shall instruct its engineer to provide adequate field inspection personnel to assure an acceptable level of quality control to the extent that the Developer’s engineer will be able to certify that the construction work meets the approved City standards as a condition of City acceptance. In addition, the City may, at the City’s discretion and at the Developer’s expense, have one or more City inspectors and a soil engineer inspect the work on a full or part-time basis. The Developer, its contractors and subcontractors, shall follow all instructions received from the City’s inspectors. The Developer’s engineer shall provide for on-site project management. The Developer’s engineer is responsible for design changes and contract administration between the Developer and the Developer’s contractor. The Developer or its engineer shall schedule a pre-construction meeting at a mutually agreeable time at the City with all parties concerned, including the City staff, to review the program for the construction work. In accordance with Minnesota Statutes 505.021, the final placement of iron monuments for all lot corners must be completed before the applicable security is released. The Developer’s surveyor shall also submit a written notice to the City certifying that the monuments have been installed following site grading, utility and street construction. 9. CONTRACTORS/SUBCONTRACTORS. City Council members, City employees, and City Planning Commission members, and corporations, partnerships, and other entities in which such individuals have greater than a 25% ownership interest or in which they are an officer or director may not act as contractors or subcontractors for the public improvements identified in Paragraph 8 above. 10. PERMITS. The Developer shall obtain or require its contractors and subcontractors to obtain all necessary permits, which may include: A. Dakota County for County Road Access and Work in County Rights-of-Way B. MnDot for State Highway Access C. MnDot for Work in Right-of-Way Page 147 of 532 5 230900v5 Brookshire 3rd Addition D. Minnesota Department of Health for Watermains E. MPCA NPDES Permit for Construction Activity F. MPCA for Sanitary Sewer and Hazardous Material Removal and Disposal G. DNR for Dewatering H. City of Lakeville for Building Permits I. MCES for Sanitary Sewer Connections J. City of Lakeville for Retaining Walls 11. DEWATERING. Due to the variable nature of groundwater levels and stormwater flows, it will be the Developer’s and the Developer’s contractors and subcontractors responsibility to satisfy themselves with regard to the elevation of groundwater in the area and the level of effort needed to perform dewatering and storm flow routing operations. All dewatering shall be in accordance with all applicable county, state, and federal rules and regulations. DNR regulations regarding appropriations permits shall also be strictly followed. 12. TIME OF PERFORMANCE. The Developer shall install all required public improvements by November 30, 2024, with the exception of the final wear course of asphalt on streets. The final wear course on streets shall be installed between August 15th and October 15th the first summer after the base layer of asphalt has been in place one freeze thaw cycle. The Developer may, however, request an extension of time from the City. If an extension is granted, it shall be conditioned upon updating the security posted by the Developer to reflect cost increases and the extended completion date. Final wear course placement outside of this time frame must have the written approval of the City Engineer. 13. LICENSE. The Developer hereby grants the City, its agents, employees, officers and contractors a license to enter the plat to perform all work and inspections deemed appropriate by the City in conjunction with plat development. 14. EROSION CONTROL. Prior to initiating site grading, the erosion control plan, Plan B, shall be implemented by the Developer and inspected and approved by the City. The City may impose additional erosion control requirements if they would be beneficial. All areas disturbed by the grading operations shall be stabilized per the MPCA Stormwater Permit for Construction Activity. Seed shall be in accordance with Page 148 of 532 6 230900v5 Brookshire 3rd Addition the City’s current seeding specification which may include temporary seed to provide ground cover as rapidly as possible. All seeded areas shall be fertilized, mulched, and disc anchored as necessary for seed retention. The parties recognize that time is of the essence in controlling erosion. If the Developer does not comply with the MPCA Stormwater Permit for Construction Activity or with the erosion control plan and schedule or supplementary instructions received from the City, the City may take such action as it deems appropriate to control erosion. The City will endeavor to notify the Developer in advance of any proposed action, but failure of the City to do so will not affect the Developer’s and City’s rights or obligations hereunder. If the Developer does not reimburse the City for any cost the City incurred for such work within ten (10) days, the City may draw down the letter of credit to pay any costs. No development, utility or street construction will be allowed and no building permits will be issued unless the plat is in full compliance with the approved erosion control plan. The Developer is responsible for meeting all the requirements outlined in the MPCA Construction Permit for the site as well as following the SWPPP for the site. Any changes made throughout construction must be documented in the SWPPP. Redundant silt fence is required along all wetlands and waterways that do not have a 50-foot established buffer. Additional erosion control measures may be required during construction as deemed necessary by City staff. Any additional measures required shall be installed and maintained by the Developer. The Developer is responsible for the establishment of native vegetation within Outlots A, B, and D along with three years of maintenance. This may include mowing, spot spraying and over-seeding until the areas are established and approved by the City. The MS4 Administration Fee has not been collected on the parent parcels and is required with the final plat, calculated as follows: $799,904.36 x 2% Grading Costs = $15,998.09 Grading Cost Brookshire 3rd Addition 2024 Rate MS4 Administration Fee Brookshire 3rd Addition Page 149 of 532 7 230900v5 Brookshire 3rd Addition 15. GRADING. The plat shall be graded in accordance with the approved grading development and erosion control plan, Plan “B”. The plan shall conform to City of Lakeville specifications. Within thirty (30) days after completion of the grading and before the City approves individual building permits (except three (3) model home permits on lots acceptable to the Building Official), the Developer shall provide the City with an “as constructed” grading plan certified by a registered land surveyor or engineer that all storm water treatment/infiltration basins and swales, have been constructed on public easements or land owned by the City. The “as constructed” plan shall include field verified elevations of the following: a) cross sections of storm water treatment/infiltration basins; b) location and elevations along all swales, wetlands, wetland mitigation areas if any, locations and dimensions of borrow areas/stockpiles, and installed “conservation area” posts; and c) lot corner elevations and house pads, and all other items listed in City Code Section 10- 3-5.NN. The City will withhold issuance of building permits until the approved certified grading plan is on file with the City and all erosion control measures are in place as determined by the City Engineer. The Developer certifies to the City that all lots with house footings placed on fill have been monitored and constructed to meet or exceed FHA/HUD 79G specifications. The soils observation and testing report, including referenced development phases and lot descriptions, shall be submitted to the Building Official for review prior to the issuance of building permits. Before a building permit is issued, a cash escrow of $1,000.00 per lot shall be furnished to the City to guarantee compliance with the erosion control and grading requirements and the submittal of an as-built certificate of survey. Prior to the release of the required individual lot grading and erosion control security that is submitted with the building permit, an as-built certificate of survey for single family lots must be submitted to verify that the final as-built grades and elevations of the specific lot and all building setbacks are consistent with the approved grading plan for the development, and amendments thereto as approved by the City Engineer, and that all required property monuments are in place. If the final grading, erosion control and as-built survey is not timely completed, the City may enter the lot, perform the work, and apply the cash escrow toward the cost. Upon satisfactory completion of the grading, erosion control and as-built Page 150 of 532 8 230900v5 Brookshire 3rd Addition survey, the escrow funds, without interest, less any draw made by the City, shall be returned to the person who deposited the funds with the City. Brookshire 3rd Addition contains more than one acre of site disturbance. A National Pollution Discharge Elimination System General Stormwater Permit for construction activity is required from the Minnesota Pollution Control Agency for areas exceeding one acre being disturbed by grading. A copy of the Notice of Stormwater Permit Coverage must be submitted to the City upon receipt from the MPCA. 16. CLEAN UP. The Developer shall clean dirt and debris from streets that has resulted from construction work by the Developer, home builders, subcontractors, their agents or assigns. Prior to any construction in the plat, the Developer shall identify in writing a responsible party and schedule for erosion control, street cleaning, and street sweeping. 17. OWNERSHIP OF IMPROVEMENTS. Upon completion of the work and construction required by this Contract and final acceptance by the City, the improvements lying within public easements shall become City property without further notice or action. 18. CITY ENGINEERING ADMINISTRATION, CONSTRUCTION OBSERVATION AND AS-BUILT RECORD DRAWING PREPARATION. The Developer shall pay a fee for in-house engineering administration. City engineering administration will include monitoring of construction observation, consultation with Developer and its engineer on status or problems regarding the project, coordination for final inspection and acceptance, project monitoring during the warranty period, and processing of requests for reduction in security. Fees for this service shall be three percent (3%) of construction costs identified in the Summary of Security Requirements if using a letter of credit, assuming normal construction and project scheduling. The Developer shall pay for construction observation and as-built record drawing preparation performed by the City’s in- house engineering staff or consulting engineer. Construction observation shall include part or full time inspection of proposed public utilities and street construction and will be billed on hourly rates estimated to be five percent (5%) of the estimated construction cost. Construction as-built record drawing preparation shall include field surveying, preparation of as-built record drawings and updating the City’s GIS database Page 151 of 532 9 230900v5 Brookshire 3rd Addition and will be billed on hourly rates estimated to be one half of a percent (0.5%) of the estimated construction cost. 19. STORM SEWER. Previous additions of the Brookshire preliminary plat included the construction of stormwater management basins to provide water quality treatment and rate control of the stormwater runoff generated from Brookshire 3rd Addition. The existing stormwater management facilities are located in Outlot A. The Brookshire preliminary plat includes the construction of public stormwater management basins to collect and treat the stormwater runoff generated from the site. The basins will outlet into North Creek. Water quality improvements and volume reduction will be provided by infiltration due to the highly permeable soil on the site and a privately owned and maintained water re-use system. Development of Brookshire 3rd Addition includes the construction of public stormwater management basins. The basins will be located in Outlot B and Outlot D and provide treatment and rate control of stormwater runoff generated from the site. The stormwater management design is consistent with the City’s stormwater management ordinance. A Vermillion River Watershed Joint Powers Organization (VRWJPO) water corridor, classified as a principal connector, exists in the southwest corner of the site, within Outlot E. The VRWJPO water corridor and buffer will be placed in an outlot, and conveyed to the City at the time Outlot E develops into lots and blocks. The Developer shall construct public storm sewer systems within the subdivision to collect and convey stormwater runoff generated from within the public right-of-way and lots to the public stormwater management basins located within Outlots A, B, and D. The Developer shall construct private storm sewer systems within Driscoll Place and Block 4 to collect and convey stormwater runoff generated from within the private roadways and lots to the public stormwater management basin located within Outlot B. Draintile construction is required in areas of non-granular soils within Brookshire 3rd Addition for the street sub-cuts and lots. Any additional draintile construction, including perimeter draintile required for Page 152 of 532 10 230900v5 Brookshire 3rd Addition building footings, deemed necessary during construction by the City shall be the Developer’s responsibility to install and finance. The Storm Sewer Charge has not been collected on the parent parcels and is required with the final plat, in the amount of $157,415.84, calculated as follows: Storm Sewer Charge Summary Gross Area of Brookshire 3rd Addition 6,645,809.23 s.f. Less Area of Outlot A (Stormwater Management) (-) 95,737.14 s.f. Less Area of Outlot B (Stormwater Management) Less Area of Outlot D (Stormwater Management) Less Area of Outlot E (Future Development) Less Area of Outlot F (Future Development) Less Area of Outlot G (Future Development) Less Area of Block 4 (Multi-Family) Less Area of 179th Street Right-of-Way (-) 93,876.20 s.f. (-) 54,676.20 s.f. (-) 1,917,627.57 s.f. (-) 1,921,513.84 s.f. (-) 1,371,383.86 s.f. (-) 199,446.43 s.f. (-) 329,045.21 s.f. Total Storm Sewer Charge Area (Single-Family) = 662,502.78 s.f. 662,503 s.f. x $0.178/s.f. = $117,925.53 Net Area Brookshire 3rd Addition 2024 Unit Rate (Single-Family) Storm Sewer Charge Brookshire 3rd Addition 199,446 s.f. x $0.198/s.f. = $39,490.31 Net Area Brookshire 3rd Addition 2024 Unit Rate (Multi-Family) Storm Sewer Charge Brookshire 3rd Addition The Storm Sewer Charge for Outlots E, F and G will be collected with subsequent phases of the Brookshire preliminary plat at the time they are final platted into lots and blocks, at the rate in effect at the time of final plat approval. Final locations and sizes of all storm sewer facilities will be reviewed by City staff with the final construction plans. 20. SANITARY SEWER. The Developer shall construct and extend public sanitary sewer within the subdivision from a direct connection to MCES interceptor 7409 at MCES MH 32, located within Outlot E. The Sanitary Sewer Availability Charge has not been collected on the parent parcels and shall be paid by the Developer with the final plat. The fee is based on the rate in effect at the time of final plat approval, calculated as follows: Page 153 of 532 11 230900v5 Brookshire 3rd Addition 94 units x $327.00 = $30,738.00 Total Units Brookshire 3rd Addition 2024 Unit Rate Sanitary Sewer Availability Charge Brookshire 3rd Addition The Sanitary Sewer Availability Charge for Outlots C, E, F and G will be collected with subsequent phases of the Brookshire preliminary plat at the time they are final platted into lots and blocks, at the rate in effect at the time of final plat approval. 21. WATERMAIN. The Developer shall construct and extend public watermain within the subdivision from an existing stub located within Draft Horse Boulevard at the intersection of 173rd Street. 22. ENVIRONMENTAL ASSESSMENT WORKSHEET (EAW). An environmental assessment worksheet (EAW) was prepared consistent with Environmental Quality Board (EQB) requirements and Minnesota Rules 4410. The Developer addressed the comments identified in the EAW review process. A Negative Declaration on the EAW was adopted by the City Council on September 7, 2021. 23. CONSTRUCTION ACCESS. Construction traffic access and egress for grading, utility and street construction is restricted to the intersection of Draft Horse Boulevard and 173rd Street. Construction traffic access and egress via adjacent local roadways and existing subdivisions, such as 173rd Street and Eagleview Drive, is prohibited. 24. DUNWOODY DRIVE (FUTURE CSAH 9) IMPROVEMENTS. Development of Brookshire 3rd Addition includes the construction of Dunwoody Drive at the Draft Horse Boulevard intersection. The Developer is eligible for reimbursement for constructing Dunwoody Drive to County highway standards. The reimbursement will be the actual engineering and construction costs over and above the costs that would have been incurred to construct Dunwoody Drive to City collector standards. The City shall reimburse the Developer with subsequent phases of the Brookshire preliminary plat, upon completion and final acceptance of the improvements between the west and east plat boundaries. The City and County will enter into a Joint Powers Agreement to provide the Developer with the County’s share of the project costs. The City and County are partnering to design and construct the portion of Dunwoody Drive that includes a bridge crossing over North Creek. City and County staff continue to coordinate the structure Page 154 of 532 12 230900v5 Brookshire 3rd Addition design with the Developer’s engineer to ensure connectivity of the bridge crossing with the Dunwoody Drive roadway extensions to be built by the Developer with future phases of the Brookshire preliminary plat. The Developer shall incorporate the recommendations of the bridge crossing design with future phases of the Brookshire preliminary plat, including, but not limited to roadway profile, right-of-way and easement needs, bridge location, intersection design, and turn lane locations. 25. LOCAL ROAD IMPROVEMENTS. The Developer shall construct a temporary cul-de-sac at the west end of Eagleview Drive. The temporary cul-de-sac must be paved within one year of construction unless the roadway is extended. The Developer shall furnish to the City an appropriately executed public temporary roadway, drainage and utility easement, in recordable form, and provide a $2,500.00 security to guarantee future removal and restoration of the temporary cul-de-sac. The Developer shall install “Future Street Extension” signs and barricades at the east end of 174th Street, the south end of Draft Horse Boulevard and the west end of Eagleview Drive. 26. PARKS, TRAILS, AND SIDEWALKS. The Developer shall install five-foot-wide public concrete sidewalks, with pedestrian curb ramps, along one side of all local streets (except for Cul-De- Sacs). The Park Dedication requirement has not been collected on the parent parcels and will be satisfied through a cash contribution in the amount of $476,336.00 to be paid by the Developer with the final plat, calculated as follows: 58 units x $5,774.00 = $334,892.00 Total Units (Low-Density) Brookshire 3rd Addition 2024 Unit Rate (Low-Density) Park Dedication Fee Brookshire 3rd Addition 36 units x $3,929.00 = $141,444.00 Total Units (Medium-Density) Brookshire 3rd Addition 2024 Unit Rate (Medium-Density) Park Dedication Fee Brookshire 3rd Addition The Developer shall satisfy the park dedication requirement for Outlots C, E, F, and G with subsequent phases of the Brookshire preliminary plat at the time they are final platted into lots and blocks through a cash contribution at the rate in effect at the time of final plat approval. Page 155 of 532 13 230900v5 Brookshire 3rd Addition 27. TRAFFIC CONTROL SIGNS AND STREET LIGHT OPERATION COSTS. The Developer shall pay a cash fee of $5,925.00 for traffic control signs with the final plat. If street signs are installed during frost conditions, the Developer shall pay an additional $150.00 for each traffic control sign location. A cash fee for one-year of streetlight operating expenses shall be paid with the final plat and is calculated as follows: 94 units x $40.48/unit = $3,805.12 Total Units Brookshire 3rd Addition 2024 Rate Streetlight Operating Fee Brookshire 3rd Addition 28. ENVIRONMENTAL RESOURCES EXPENSES. The Developer shall pay a cash fee for one-year of environmental resources management expenses in the amount of $4,496.16 with the final plat, calculated as follows: 58 units x $59.16/unit = $3,431.28 Total Units Brookshire 3rd Addition 2024 Rate Environmental Resources Fee Brookshire 3rd Addition 36 units x $59.16/unit x 0.50 = $1,064.88 Total Units Brookshire 3rd Addition 2024 Rate Utility Factor Environmental Resources Fee Brookshire 3rd Addition 29. LANDSCAPING. Unless the single family lot already has two (2) trees on it, the Developer or lot purchaser shall plant sufficient trees so that there are at least two (2) trees on every lot in the plat, one of which must be planted in the front yard. Trees that are chosen by the Developer or property owner cannot cause a public nuisance, such as cotton producing trees, or trees that may become a public hazard due to insect infestation or weak bark. The minimum deciduous tree size shall be two and one-half (2½) inches caliper, balled and burlapped. Evergreen trees must be at least eight feet (8’) tall. The trees may not be planted in the right-of-way. The Developer or lot purchaser shall sod the front yard, boulevard, and side yards to the rear of the structure on every lot. Weather permitting, the trees, sod, and seed shall be planted within sixty (60) days after a home has received a certificate of occupancy. Before a building permit is issued, a cash escrow of $1,000.00 per lot shall be furnished the City to guarantee compliance with the landscaping requirements. If the landscaping is not completed in a timely manner, the City may enter the lot, perform the work, and apply the cash escrow toward the cost. Upon satisfactory completion of the Page 156 of 532 14 230900v5 Brookshire 3rd Addition landscaping the escrow funds, without interest, less any draw made by the City, shall be returned to the person who deposited the funds with the City. Landscaping shall be installed in accordance with the approved landscape plan. The Developer shall post a $82,577.15 landscaping security at the time of final plat approval to ensure that the landscaping is installed in accordance with the approved plan. All trees shall be warranted to be alive, of good quality, and disease free for twelve (12) months after planting. Any replacements shall be warranted for twelve (12) months from the time of planting. The Developer or property owner is responsible for contacting the City when all the landscaping has been installed to set up an inspection. Fifty percent (50%) of the security will be released when all the landscaping has been installed and inspected by City staff and the remaining fifty percent (50%) will be released one year after the landscaping inspection and any warranty work has been completed. 30. BUFFER YARD BERM/LANDSCAPE SCREEN. Dunwoody Drive (Future CSAH 9) is classified as a minor arterial roadway; therefore, buffer yard and screening requirements apply to Lot 9, Block 3 and Lots 31-36, Block 4. The Developer shall install a buffer yard containing earth berms and/or plantings of sufficient density to provide a visual screen and reasonable buffer a minimum of ten feet in height is required. A certified as-built grading plan of the buffer yard berm must be submitted and approved by City staff prior to the installation of any buffer yard plantings. The Developer shall pay an escrow in the amount of $1,000.00 with the building permit for installation of sod in the side yard to the edge of the trail along Dunwoody Drive (Future CSAH 9) for Lot 9, Block 3. 31. TREE PRESERVATION. The final plat is consistent with the approved Brookshire preliminary plat tree preservation plan. 32. WETLANDS. A wetland delineation and replacement plan were completed with the Brookshire preliminary plat. The Developer shall install “Natural Area Signs” along all property lines abutting outlots that have wetlands, buffers, or stormwater basins. Final locations will be staked in the field Page 157 of 532 15 230900v5 Brookshire 3rd Addition and reviewed by City staff prior to installation. The Developer shall install “Natural Area Signs” prior to the issuance of building permits. 33. SPECIAL PROVISIONS. The following special provisions shall apply to plat development: A. Implementation of the recommendations listed in the May 7, 2024 Planning Report, and May 1, 2024, Engineering Report. B. Before the City signs the final plat, the Developer shall convey Outlots A, B, and D to the City by warranty deed, free and clear of any and all encumbrances. C. The Developer shall install “Future Street Extension” signs and barricades at the east terminus of 174th Street, the south terminus of Draft Horse Boulevard and the west terminus of Eagleview Drive. D. Driveway access to Dunwoody Drive (future CSAH 9) is prohibited from Lot 9, Block 3. E. Prior to City Council approval of the final plat, the Developer shall furnish a boundary survey of the proposed property to be platted with all property corner monumentation in place and marked with lath and a flag. Any encroachments on or adjacent to the property shall be noted on the survey. The Developer shall post a $10,200.00 security for the final placement of interior subdivision iron monuments at property corners. The security was calculated as follows: 102 lots/outlots at $100.00 per lot/outlot. The security will be held by the City until the Developer's land surveyor certifies that all irons have been set following site grading and utility and street construction. In addition, the certificate of survey must also include a certification that all irons for a specific lot have either been found or set prior to the issuance of a building permit for that lot. F. The Developer shall pay a cash fee for the preparation of addressing, property data, and City base map updating. This fee is $90.00 per lot/outlot for a total charge of $9,180.00. G. The Developer shall be responsible for the cost of street light installation consistent with a street lighting plan approved by the City. Before the City signs the final plat, the Developer shall post a security for street light installation consistent with the approved plan. The estimated amount of Page 158 of 532 16 230900v5 Brookshire 3rd Addition this security is $20,800.00 and consists of fifteen (15) post-top lights at $1,200.00 each, and two (2) mast-arm lights at $1,400.00 each. H. The Developer is required to submit the final plat in electronic format. The electronic format shall be either AutoCAD.DWG file or a .DXF file. All construction record drawings (e.g., grading, utilities, streets) shall be in electronic format in accordance with standard City specifications. 34. SUMMARY OF SECURITY REQUIREMENTS. To guarantee compliance with the terms of this Contract, payment of real estate taxes including interest and penalties, payment of special assessments, payment of the costs of all public improvements, and construction of all public improvements, the Developer shall furnish the City with a cash escrow, or letter of credit, in the form attached hereto, from a bank ("security") for $4,065,367.28. The amount of the security was calculated as follows: CONSTRUCTION COSTS: A. Sanitary Sewer $660,527.29 B. Watermain 699,058.29 C. Storm Sewer 1,372,510.35 D. Streets 706,604.22 E. Grading, Drainage, Erosion Control, and Restoration 276,748.73 CONSTRUCTION SUB-TOTAL $3,715,448.88 OTHER COSTS: A. Developer’s Design (3.0%) $111,463.47 B. Developer’s Construction Survey (2.5%) 92,886.22 C. City Legal Expenses (Est. 0.5%) 18,577.24 D. City Construction Observation (Est. 5.0%) 185,772.44 E. City Record Drawings (0.5%) 18,577.24 F. Eagleview Drive Temporary Cul-De-Sac Removal 2,500.00 G. Native Seeding in Outlots A, B, and D 25,000.00 H. Natural Area Signs 1,500.00 I. Landscaping 82,577.15 J. Street Lights 20,800.00 K. Lot Corners/Iron Monuments 10,200.00 OTHER COSTS SUB-TOTAL $569,853.76 Page 159 of 532 17 230900v5 Brookshire 3rd Addition TOTAL SECURITIES: $4,285,302.64 This breakdown is for historical reference; it is not a restriction on the use of the security. The bank shall be subject to the approval of the City Administrator. The City may draw down the security, on five (5) business days written notice to the Developer, for any violation of the terms of this Contract or without notice if the security is allowed to lapse prior to the end of the required term. If the required public improvements are not completed at least thirty (30) days prior to the expiration of the security, the City may also draw it down without notice. If the security is drawn down, the proceeds shall be used to cure the default. Upon receipt of proof satisfactory to the City that work has been completed and financial obligations to the City have been satisfied, with City approval the security may be reduced from time to time by ninety percent (90%) of the financial obligations that have been satisfied. Ten percent (10%) of the amounts certified by the Developer's engineer shall be retained as security until all improvements have been completed, all financial obligations to the City satisfied, the required "as constructed" plans have been received by the City, a warranty security is provided, and the public improvements are accepted by the City Council. The City’s standard specifications for utility and street construction outline procedures for security reductions. 35. SUMMARY OF CASH REQUIREMENTS. The following is a summary of the cash requirements under this Contract which must be furnished to the City prior to the City Council signing the final plat: A. Park Dedication $476,336.00 B. Sanitary Sewer Availability Charge 30,738.00 C. Storm Sewer Charge 157,415.84 D. Traffic Control Signs 5,925.00 E. Streetlight Operating Fee 3,805.12 F. Environmental Resources Expenses 4,496.68 G. MS4 Administration Fee 15,998.09 H. Property Data and Asset/Infrastructure Management Fee 9,180.00 I. City Engineering Administration (3% for letters of credit) 111,463.47 TOTAL CASH REQUIREMENTS $815,358.20 Page 160 of 532 18 230900v5 Brookshire 3rd Addition 36. WARRANTY. The Developer warrants all improvements required to be constructed by it pursuant to this Contract against poor material and faulty workmanship. The warranty period for streets is one year. The warranty period for underground utilities is two years and shall commence following completion and acceptance by the City. The one year warranty period on streets shall commence after the final wear course has been installed and accepted by the City. The Developer shall post maintenance bonds in the amount of twenty-five percent (25%) of final certified construction costs to secure the warranties. The City shall retain ten percent (10%) of the security posted by the Developer until the maintenance bonds are furnished to the City or until the warranty period expires, whichever first occurs. The retainage may be used to pay for warranty work. The City’s standard specifications for utility and street construction identify the procedures for final acceptance of streets and utilities. 37. RESPONSIBILITY FOR COSTS. A. Except as otherwise specified herein, the Developer shall pay all costs incurred by it or the City in conjunction with the development of the plat, including but not limited to Soil and Water Conservation District charges, legal, planning, engineering and construction observation inspection expenses incurred in connection with approval and acceptance of the plat, the preparation of this Contract, review of construction plans and documents, and all costs and expenses incurred by the City in monitoring and inspecting development of the plat. B. The Developer shall hold the City and its officers, employees, and agents harmless from claims made by itself and third parties for damages sustained or costs incurred resulting from plat approval and development. The Developer shall indemnify the City and its officers, employees, and agents for all costs, damages, or expenses which the City may pay or incur in consequence of such claims, including attorneys' fees. C. The Developer shall reimburse the City for costs incurred in the enforcement of this Contract, including engineering and attorneys' fees. D. The Developer shall pay, or cause to be paid when due, and in any event before any penalty is attached, all special assessments referred to in this Contract. This is a personal obligation of the Page 161 of 532 19 230900v5 Brookshire 3rd Addition Developer and shall continue in full force and effect even if the Developer sells one or more lots, the entire plat, or any part of it. E. The Developer shall pay in full all bills submitted to it by the City for obligations incurred under this Contract within thirty (30) days after receipt. If the bills are not paid on time, the City may halt plat development and construction until the bills are paid in full. Bills not paid within thirty (30) days shall accrue interest at the rate of eighteen percent (18%) per year. Additionally, the Developer shall pay in full all bills submitted to it by the City prior to any reductions in the security for the development. F. In addition to the charges and special assessments referred to herein, other charges and special assessments may be imposed such as but not limited to City or MCES sewer availability charges ("SAC"), City water connection charges, City sewer connection charges, and building permit fees. 38. DEVELOPER’S DEFAULT. In the event of default by the Developer as to any of the work to be performed by it hereunder, the City may, at its option, perform the work and the Developer shall promptly reimburse the City for any expense incurred by the City, provided the Developer, except in an emergency as determined by the City, is first given notice of the work in default, not less than forty-eight (48) hours in advance. This Contract is a license for the City to act, and it shall not be necessary for the City to seek a Court order for permission to enter the land. When the City does any such work, the City may, in addition to its other remedies, assess the cost in whole or in part. 39. MISCELLANEOUS. A. The Developer represents to the City that the plat complies with all city, county, metropolitan, state, and federal laws and regulations, including but not limited to: subdivision ordinances, zoning ordinances, and environmental regulations. If the City determines that the plat does not comply, the City may, at its option, refuse to allow construction or development work in the plat until the Developer does comply. Upon the City's demand, the Developer shall cease work until there is compliance. B. Third parties shall have no recourse against the City under this Contract. Page 162 of 532 20 230900v5 Brookshire 3rd Addition C. Breach of the terms of this Contract by the Developer shall be grounds for denial of building permits, including lots sold to third parties. D. If any portion, section, subsection, sentence, clause, paragraph, or phrase of this Contract is for any reason held invalid, such decision shall not affect the validity of the remaining portion of this Contract. E. Grading, curbing, and one lift of asphalt shall be installed on all public and private streets prior to issuance of any building permits, except three (3) model homes on lots acceptable to the Building Official. Approval of an administrative permit in compliance with Chapter 27 of the City’s zoning ordinance is required prior to the construction of any model homes. F. If building permits are issued prior to the acceptance of public improvements, the Developer assumes all liability and costs resulting in delays in completion of public improvements and damage to public improvements caused by the City, Developer, its contractors, subcontractors, material men, employees, agents, or third parties. No sewer and water connections or inspections may be conducted and no one may occupy a building for which a building permit is issued on either a temporary or permanent basis until the streets needed for access have been paved with a bituminous surface and the utilities are accepted by the City Engineer. G. The action or inaction of the City shall not constitute a waiver or amendment to the provisions of this Contract. To be binding, amendments or waivers shall be in writing, signed by the parties and approved by written resolution of the City Council. The City's failure to promptly take legal action to enforce this Contract shall not be a waiver or release. H. This Contract shall run with the land and may be recorded against the title to the property. In the event this Contract is recorded, upon request by Developer, the City covenants to provide a recordable Certificate of Completion within a reasonable period of time following the request, upon the completion of the work and responsibilities required herein, payment of all costs and fees required and compliance with all terms of the Contract. A release of this Contract may be provided in the same manner and subject to the same conditions as a Certificate of Completion Page 163 of 532 21 230900v5 Brookshire 3rd Addition provided there are no outstanding or ongoing obligations of Developer under the terms of this Contract. The Developer covenants with the City, its successors and assigns, that the Developer is well seized in fee title of the property being final platted and/or has obtained consents to this Contract, in the form attached hereto, from all parties who have an interest in the property; that there are no unrecorded interests in the property being final platted; and that the Developer will indemnify and hold the City harmless for any breach of the foregoing covenants. I. Insurance. Developer and Contractor shall provide a copy of the Development Contract to their insurance professional for verification that the certificate of insurance is in compliance with the requirements of the Development Contract. Prior to execution of the final plat, Developer and its general contractor shall furnish to the City a certificate of insurance showing proof of the required insurance required under this Paragraph. Developer and its general contractor shall take out and maintain or cause to be taken out and maintained until six (6) months after the City has accepted the public improvements, such insurance as shall protect Developer and its general contractor and the City for work covered by the Contract including workers’ compensation claims and property damage, bodily and personal injury which may arise from operations under this Contract, whether such operations are by Developer and its general contractor or anyone directly or indirectly employed by either of them. The minimum amounts of insurance shall be as follows: Commercial General Liability (or in combination with an umbrella policy) $2,000,000 Each Occurrence $2,000,000 Products/Completed Operations Aggregate $2,000,000 Annual Aggregate The following coverages shall be included: Premises and Operations Bodily Injury and Property Damage Personal and Advertising Injury Blanket Contractual Liability Products and Completed Operations Liability Automobile Liability $2,000,000 Combined Single Limit – Bodily Injury & Property Damage Including Owned, Hired & Non-Owned Automobiles Page 164 of 532 22 230900v5 Brookshire 3rd Addition Workers Compensation Workers’ Compensation insurance in accordance with the statutory requirements of the State of Minnesota, including Employer’s Liability with minimum limits are as follows: • $500,000 – Bodily Injury by Disease per employee • $500,000 – Bodily Injury by Disease aggregate • $500,000 – Bodily Injury by Accident The Developer’s and general contractor’s insurance must be “Primary and Non-Contributory”. All insurance policies (or riders) required by this Contract shall be (i) taken out by and maintained with responsible insurance companies organized under the laws of one of the states of the United States and qualified to do business in the State of Minnesota, (ii) shall name the City, its employees and agents as additional insureds (CGL and umbrella only) by endorsement which shall be filed with the City and (iii) shall identify the name of the plat. A copy of the endorsement must be submitted with the certificate of insurance. Developer’s and general contractor’s policies and Certificate of Insurance shall contain a provision that coverage afforded under the policies shall not be cancelled without at least thirty (30) days’ advanced written notice to the City, or ten (10) days’ notice for non-payment of premium. An Umbrella or Excess Liability insurance policy may be used to supplement Developer’s or general contractor’s policy limits on a follow-form basis to satisfy the full policy limits required by this Contract. J. Indemnification. To the fullest extent permitted by law, Developer agrees to defend, indemnify and hold harmless the City, and its employees, officials, and agents from and against all claims, actions, damages, losses and expenses, including reasonable attorney fees, arising out of Developer’s negligence or its performance or failure to perform its obligations under this Contract. Developer’s indemnification obligation shall apply to Developer’s general contractor, subcontractor(s), or anyone directly or indirectly employed or hired by Developer, or anyone for whose acts Developer may be liable. Developer agrees this indemnity obligation shall survive the completion or termination of this Contract. Page 165 of 532 23 230900v5 Brookshire 3rd Addition K. Each right, power or remedy herein conferred upon the City is cumulative and in addition to every other right, power or remedy, express or implied, now or hereafter arising, available to City, at law or in equity, or under any other agreement, and each and every right, power and remedy herein set forth or otherwise so existing may be exercised from time to time as often and in such order as may be deemed expedient by the City and shall not be a waiver of the right to exercise at any time thereafter any other right, power or remedy. L. The Developer may not assign this Contract without the written permission of the City Council. The Developer's obligation hereunder shall continue in full force and effect even if the Developer sells one or more lots, the entire plat, or any part of it, until the City’s issuance of a Certificate of Completion and Release. M. Retaining walls that require a building permit shall be constructed in accordance with plans and specifications prepared by a structural or geotechnical engineer licensed by the State of Minnesota. Following construction, a certification signed by the design engineer shall be filed with the Building Official evidencing that the retaining wall was constructed in accordance with the approved plans and specifications. All retaining walls identified on the development plans and by special conditions referred to in this Contract shall be constructed before any other building permit is issued for a lot on which a retaining wall is required to be built. N. Should the Developer convey any lot or lots in the Development to a third party, the City and the owner of that lot or those lots may amend this Development Contract or other city approvals or agreements for development or use of those lots without the approval or consent of the Developer or other lot owners in the Development. Private agreements between the owners of lots within the Development for shared service or access and related matters necessary for the efficient use of the Development shall be the responsibility of the lot owners and shall not bind or restrict City authority to approve applications from any lot owner in the Development. 40. NOTICES. Required notices to the Developer shall be in writing, and shall be either hand delivered to the Developer, its employees or agents, or mailed to the Developer by certified mail at the Page 166 of 532 24 230900v5 Brookshire 3rd Addition following address: Forestar (USA) Real Estate Group Inc. 20860 Kenbridge Ct. Suite 100, Lakeville, MN 55044. Notices to the City shall be in writing and shall be either hand delivered to the City Administrator, or mailed to the City by certified mail in care of the City Administrator at the following address: Lakeville City Hall, 20195 Holyoke Avenue, Lakeville, Minnesota 55044. [The remainder of this page has been intentionally left blank. Signature pages follow.] Page 167 of 532 25 230900v5 Brookshire 3rd Addition CITY OF LAKEVILLE BY: ___________________________________________ Luke M. Hellier, Mayor (SEAL) AND __________________________________________ Ann Orlofsky, City Clerk STATE OF MINNESOTA ) )ss. COUNTY OF DAKOTA ) The foregoing instrument was acknowledged before me this ________ day of ______________, 2024, by Luke M. Hellier and by Ann Orlofsky, the Mayor and City Clerk of the City of Lakeville, a Minnesota municipal corporation, on behalf of the corporation and pursuant to the authority granted by its City Council. ______________________________________________ NOTARY PUBLIC Page 168 of 532 Page 169 of 532 27 230900v5 Brookshire 3rd Addition FEE OWNER CONSENT TO DEVELOPMENT CONTRACT BRANDTJEN FARMS LIMITED PARTNERSHIP, a Minnesota limited partnership, fee owners of all or part of the subject property, the development of which is governed by the foregoing Development Contract, affirm and consent to the provisions thereof and agree to be bound by the provisions as the same may apply to that portion of the subject property owned by them. Dated this _____ day of ____________, 2024. BRANDTJEN FARMS LIMITED PARTNERSHIP BY: ______________________________________ Its: STATE OF MINNESOTA ) )ss. COUNTY OF __________ ) The foregoing instrument was acknowledged before me this _____ day of _____________, 2024, by ______________________________________________________ the _________________________ of Brandtjen Farms Limited Partnership, a Minnesota limited partnership, on behalf of said entity. ________________________________________ NOTARY PUBLIC DRAFTED BY: CAMPBELL KNUTSON Professional Association Grand Oak Office Center I 860 Blue Gentian Road, Suite 290 Eagan, Minnesota 55121 651-452-5000 AMP/smt Page 170 of 532 1 City of Lakeville Community Development Dept Memorandum To: Tina Goodroad, Community Development Director From: Kris Jenson, Planning Manager Date: May 7, 2024 Subject: Brookshire 3rd Addition Final Plat Application Action Deadline: June 29, 2024 INTRODUCTION D.R.Horton has submitted an application and plans for the final plat of Brookshire 3rd Addition, which includes 58 single family lots and 36 attached townhome lots on 152.57 acres located south of 170th Street, between Eagleview Drive and the east city boundary. This is the third phase of the preliminary plat of 555 single family lots and 181 attached townhome lots that was approved by the City Council on May 2, 2022. The Brookshire final plat of 94 single family lots was approved by the City Council on July 5, 2022 and the Brookshire 2nd Addition final plat of 104 single family lots was approved by the City Council on June 5, 2023. The lot, block and street design of the Brookshire 3rd Addition final plat is consistent with the approved preliminary plat. The final plat plans have been reviewed by Engineering and Parks and Recreation staff. EXHIBITS A. Aerial Photo Map B. Approved Preliminary Plat C. Final Plat PLANNING A NALYSIS Existing Conditions. The Brookshire 3rd Addition final plat area consists of two parcels, Outlots L and M, Brookshire. The parcels were previously used for agricultural purposes. Page 171 of 532 2 Zoning. The parcels to be platted are zoned RST-2, Single and Two-Family Residential District, for which single family homes are a permitted use and RM-1, Medium Density Residential District, for which attached townhomes are a permitted use. Lot Area. Single family lots within the RST-2 District are required to provide a minimum lot area of 8,400 square feet for interior lots and 10,200 square feet for corner lots. The lots within the RST-2 District area of the 58 lots in the final plat meet the minimum square footage required. Lot Width/Depth. The minimum lot width for single-family lots within the RST-2 District is 70 feet for interior lots and 85 feet for corner lots. All lots meet the minimum lot width/depth requirements. Setbacks. Setback requirements for single family lots in the RST-2 District are outlined below: Front Side (Interior) Side (Corner) Rear 20 feet house 25 feet garage 7 feet 20 feet 30 feet The proposed building pads meet the minimum setback requirements for interior and corner lots. Development Density. The Brookshire 3rd Addition final plat consists of 58 single family lots and 36 attached townhome lots 152.567 acres, for a gross density of 0.62 units per acre. Removing the outlots to be deeded to the City or retained by the Developer for future development leaves 25.48 acres to be developed, resulting in a net density of 3.69 units per acre. Outlots. There are seven outlots proposed with the Brookshire 3rd Addition final plat. Outlot A is 2.20 acres in area and will be deeded to the City for stormwater purposes. Outlot B is 2.16 acres in area and will be deeded to the City for stormwater purposes. Outlot C is 0.57 acres in area and will be retained by the HOA as a private park. Outlot D is 1.26 acres in area and will be deeded to the City for stormwater purposes. Outlot E is 44.02 acres in area and will be retained by the property owner for future development. Outlot F is 44.11 acres in area and will be retained by the property owner for future development. Outlot G is 31.48 acres in area and will be retained by the property owner for future development. Access. Construction access to Brookshire 3rd Addition will be determined during final plan review. Construction access to the site from Eagleview Drive and 173rd Street west of the Brookshire subdivision is prohibited. Streets & Right-of-Way. Brookshire 3rd Addition is adjacent to or will include the construction of the following streets: Page 172 of 532 3 Dunwoody Drive (future CSAH 9) is a future minor arterial county highway that bisects the plat and will be extended to the east. The Brookshire 3rd Addition final plat is dedicating the full 120- foot right-of-way for the portion of the roadway within the plat boundary. Construction of the Dunwoody Drive intersection with Draft Horse Boulevard is included with this plat. The City and County are partnering for the design and construction of 179th Street/Dunwoody Drive and construction of the street will be required with a future phase of the Brookshire preliminary plat. 173rd Street is a minor collector street located along the north plat boundary of Brookshire 3rd Addition. The 80 feet of right of way was platted with the Brookshire 2nd Addition final plat and no additional right of way is required. 173rd Street will have sidewalks on both sides of the street. Draft Horse Boulevard will be a local, 32-foot-wide residential street within a 60-foot-wide right of way with a sidewalk on one side of the street, that extends south from its current terminus at 173rd Street. 174th Street will be a local, 32-foot-wide residential street within a 60-foot-wide right of way that extends east from Draft Horse Boulevard. There will be a sidewalk along one side of the street. The Developer is required to place barricades and a Future Street Extension sign at the east terminus of the street. Eagleview Drive will be a local, 32-foot-wide residential street within a 60-foot-wide right of way that will extend northwest from Draft Horse Boulevard. There will be a sidewalk along one side of the street. The Developer must construct a temporary turnaround at the west end of the street, place barricades and a ‘Future Street Extension” sign, as well as provide the City with a temporary easement for the turnaround and a $2,500 cash escrow for the future removal of the turnaround. Dresden Place will be a local, 32-foot-wide residential street within a 60-foot-wide right of way that ends in a permanent cul-de-sac. As part of the preliminary plat approval, the City Council approved a variance to allow the Dresden Place cul-de-sac to exceed 600 feet. Trails. There are no trails proposed to be constructed with the Brookshire 3rd Addition final plat. Landscaping. Site landscaping is proposed within the townhome common area lot, with the densest planting proposed along the north side of the townhome area, adjacent to the future county road. In addition, one single family lot has a side yard adjacent to Dunwoody Drive (future CSAH 9) requires buffer yard landscaping. The developer is proposing a mix of overstory and evergreen trees along the south side of the lot. An escrow of $82,577.15 must be submitted with the final plat for the landscaping on site. In addition, a $1,000 escrow is required with the building permit for Lot 9, Block 3 for the installation of sod in the side yard to the edge of the trail along Dunwoody Drive. Park Dedication. A cash contribution of $476,336 is required with the final plat to satisfy the Park Dedication requirement for Brookshire 3rd Addition. Please see the May 1, 2024 engineering report for more details. Page 173 of 532 4 Tree Preservation. No additional tree removal is required with the Brookshire 3rd Addition final plat. Wetlands. A wetland delineation was completed and approved in conjunction with the preliminary plat. See the May 1, 2024 Engineering memo for additional information. Grading, Drainage and Erosion Control. The final plat includes grading, drainage and erosion control plans. Grading, drainage and erosion control is discussed in more detail in the May 1, 2024 engineering report. RECOMMENDATION The Brookshire 3rd Addition final plat is consistent with the approved preliminary plat and complies with the requirements of the Zoning and Subdivision Ordinances. Community Development Department staff recommends approval of the Brookshire 3rd Addition final plat subject to the following conditions: 1. The recommendations listed in the May 1, 2024 engineering report. 2. Outlots A, B, and D must be deeded to the City with the Brookshire 3rd Addition final plat. 3. The developer shall pay $476,336 in park dedication fees with the final plat. 4. An escrow of $82,577.15 must be submitted with the final plat for site and buffer yard landscaping. 5. Lot 9, Block 3 is required to submit a $1,000 escrow with the building permit for the installation of sod in the side yard to the edge of the trail along Dunwoody Drive. 6. Five-foot-wide concrete sidewalks shall be constructed along one side of all public streets, except Dresden Place, at the developer’s expense, as shown on the approved final plat plans. 7. The Developer is required to place barricades and a “Future Street Extension” sign at the east terminus of 174th Street and the west terminus of Eagleview Drive. 8. The Developer must construct a temporary turnaround at the west terminus of Eagleview Drive, provide the City with a temporary turnaround easement, and provide a $2,500 escrow for the future removal of the turnaround. 9. Driveway access to Dunwoody Drive (future CSAH 9) is prohibited from Lot 9, Block 3. Page 174 of 532 Source: Esri, Maxar, Earthstar Geographics, and the GIS User Community City of Farmington City of EmpireEAGLEVIEW DR173RD ST Brookshire 3rd Add. final plat parcels City of Lakeville Brookshire 3rd Add Final Plat Location Map EXHIBIT ADRAFT HORSE BLVD171ST ST 172ND ST DURHAM DR179TH S T ( F U T U R E C S A H 9 ) Page 175 of 532 STREET 2 STREET 3 STREET 19 STREET 9 STREET 17 STREET 8 7 8 6 15 STREET 25 9 151314121110987654321 1 2 3 4 5 6 7 8 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18192021222324252627282930 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21222324252627282930313233343536 37 38 39 40 1 2 3 4 5 6 7 8 9 10 11 12 13 14 1 2 3 4 5 678 9 10 11 12 13 14151617 18 19 20 21 22 23 24 25 26 2827 29 1 2 3 4 5 6 7 8 910 11 12 13 1 2 3 4 5 6 9 1110 12 13 1 2 3 4 5 8 7 91011 12 13 14 15 16 17 18 1 2 3 4 5 6 7 8 9 10 11 12 13 14 16 18 171920 21 22 24 23 26 25 2 1 3 5 4 6 7 8 9 10 11 12 13 1 2 3 4 5 6 7 8 9 10 11 12131415161718 1 19 2 3 4 5 6 7 8 9 10 11 12 131415161718 19 20 21 22 23 24 2526 27 28 29 30 31 32 33 34 1 2 3 4 5 6 7 8910 11 12 13 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 25 24 26 27 28 29 30 32 31 33 1 2 3 4 5 6 7 8 9 10111213 14 15 16 17 18 19 1 2 3 4 5 6 8 7910 11 12 13 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 1920212223242526272829 1 2 3 4 5 6 7 8 9 10 1112 13 14 1 2 3 45 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 1817 19 20 21 22 23242526 28 27 29 30 31 32 33 34 1 2 3 4 5 6 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 2728 29 30 31 32 33 34 35 36 1920 18 17 15 16 14 13 12 10 11 9 8 7 6 5 4 3 2 112345 6 7 8 12 10 11 16 13 14 15 17 20 18 19 22 21 23 26 24 25 27 28 4123 5 76 118910 12 13 14 17 15 16 20 18 19 21 24 2223 25 27 26 28 3029 32 31 3334383536374639404142434445 7374 72 7071 6869 62 6766 65 64 63 6061 59 58525756555453514950 1 4847 11 23456 7 8910 151213 14 1716 18 19 27 2021222324 25 26 29 31 28 35 30 33 323436 123 54 6 7 89 1110 141312 15 16171819 20 2221 25 2324 26 29 2728 31 30 3332 34 35 39363738 45 404142 4344 49 46 4748 5150 5352 5554 56 57 1 32 45 678910 1COMMON LOT 62 1 44 6 6 7 7 8 9 9 9 10 1010 11 11 12 12 12 13 13 14 14 15 15 16 16 16 17 17 18 19 20 20 20 21 21 2122 2 3 5 23 23 24 26 26 28 27 29 29 30 31 31COMMON LOT 11COMMON LOT 75 OUTLOT A OUTLOT B OUTLOT C OUTLOT D OUTLOT E OUTLOT G OUTLOT F OUTLOT H 1 2 3 4 5 6 7 8 9 11 10 12 1314151617 18 19 20 21 22 23 24 1 2 3 4 5 6789 25 OUTLOT I OUTLOT J 61,252 SF WETLAND IMPACT 170TH STREET WEST 170TH STREET WEST 58596061 OUTLOT L 1 32 34 26 26 34 34 26 26 34 1 2 3 4 2,550 SF 2,550 SF1,950 SF 1,950 SF STREET 4.8 21.2 21.2 4.8 4.8 21.2 21.2 4.8 15.0 11.011.0 15.015.0 11.011.0 15.0 623 PROJECT NUMBER: 0029340.00 LAKEVILLE, MINNESOTA 03/24/2022 . . .BROOKSHIRE OVERALL PRELIMINARY PLAT20860 KENBRIDGE COURT, SUITE 100LAKEVILLE, MINNESOTA 55044 02/17/22 DR HORTON, INC. - MINNESOTA 03/24/2022 26971 CORY MEYER NOT FOR CONSTRUCTION SHEET NUMBER: VERTICAL SCALE: DATE: PREPARED FOR: OF HORIZONTAL SCALE: DRAWN: CHECKED: DESIGNED:INITIAL ISSUE: REVISIONS: Phone (952) 937-5150 12701 Whitewater Drive, Suite #300 Fax (952) 937-5822 Minnetonka, MN 55343 (888) 937-5150 DATE:LICENSE NO. I HEREBY CERTIFY THAT THIS PLAN WAS PREPARED BY MEOR UNDER MY DIRECT SUPERVISION AND THAT I AM A DULY LICENSED LANDSCAPE ARCHITECT UNDER THE LAWSOF THE STATE OF MINNESOTA Common Ground Alliance Call 48 Hours before digging: 811 or call811.com ########### ### OR ### 03/24/2022 . . . . REVISED PER CITY COMMENTS . . . . EXISTING ZONING: RS-3PROPOSED ZONING: RM-1 (BLOCKS 1, 5, 21, 22) GROSS SITE AREA: 298.93 AC / 13,021,391 SF MAJOR R.O.W. (170TH ST., STREET 17 & FUTURE DIAMON PATH): 20.34 AC / 886,010 SF EXISTING WETLANDS: 23.35 AC / 1,017,126 SF FLOOD PLAIN (NOT WET): 6.24 AC / 271,814 SFNET SITE AREA: 249.00 AC / 10,846,440 PARK DEDICATION: 2.10 AC / 91,476 SF DEVELOPMENT SUMMARY MULTI-FAMILY TOWNHOMES:181 HOMES 55' SELECT / EXPRESS SELECT (B2,3,4,6,11(L1-10,13,14),27,28,29(L20-36)): 170 LOTS (30.6%) 70' RAISED RANCH / HORTON SINGLE FAMILY:385 LOTS (69.4%) TOTAL HOMES: 736 HOMES PROJECT OPEN SPACE: 70.86 AC / 3,086,661 SFSEE OUTLOT TABLE BELOW PROJECT DENSITY: MINIMUM LOT AREA SITE DEVELOPMENT DATA SINGLE FAMILY LOT STANDARDS 1. ALL LOT DIMENSIONS ARE ROUNDED TO THE NEAREST FOOT. 2. ALL AREAS ARE ROUNDED TO THE NEAREST SQUARE FOOT. 3. STREET NAMES ARE SUBJECT TO APPROVAL BY THE CITY. 4. DRAINAGE AND UTILITY EASEMENTS SHALL BE PROVIDED AS REQUIRED. 5. STREET WIDTHS ARE SHOWN FROM BACK OF CURB TO BACK OF CURB. DEVELOPMENT NOTES PROPERTY LINE SETBACK LINE EASEMENT LINE CURB AND GUTTER LOT LINE POND NORMAL WATER LEVEL RETAINING WALL EXISTING PROPOSED TIP-OUT CURB AND GUTTER SITE LEGEND AVERAGE LOT AREA* MINIMUM LOT WIDTH MIN. CORNER LOT WIDTH SETBACKS FRONT SIDE INTERIOR LOT SIDE CORNER LOT REAR STANDARD 70' SINGLEFAMILY 55' SINGLEFAMILY 8,400 SF 11,731 SF 7,500 SF 8,787 SF 55' @ FRONT SBK 70' @ FRONT SBK 70' @ FRONT SBK 85' @ FRONT SBK 20' / 25' GARAGE 7'/7'; 14' TOTAL 20' 30' OUTLOT TABLE OUTLOT A GROSSAREA (AC)USE OWNERSHIP PONDING / OPEN SPACE CITY 2.20 AC B 2.90 AC C 4.04 AC D 1.88 AC E 6.34 AC PROPERTY DESCRIPTION 0'300'600'900' 1" = 300' SEE EXISTING CONDITIONS SHEET FOR PROPERTY DESCRIPTION MINIMUM LOT DEPTH 130'125' 7'/7'; 14' TOTAL 20' 30' MULTI-FAMILY LOT STANDARDS SETBACKS FRONT TO R/W FRONT TO PRIVATE DRIVE SIDE TO R/W REAR STANDARD 25' TO GARAGE 30' TO GARAGE 25' 30' BETWEEN BUILDINGS 20' DENSITY 5,000 SF PER UNIT MIN. F 4.76 AC G 9.14 AC H 37.88 AC I 0.43 AC J 0.78 AC TYPICAL 70' SINGLE FAMILY LOT DETAIL 5' 7' 5' 70' 70' 21 DRAINAGE & UTILITY EASEMENT TYPICAL LOTDIMENSION FRONT BUILDINGSETBACK BUILDING SETBACK LINE LOT NUMBER REAR BUILDINGSETBACK LOT LINEDRAINAGE &UTILITYEASEMENT ROADRIGHT-OF-WAY X,XXX SF LOT AREA TYPICAL 55' SINGLE FAMILY LOT DETAIL 5' 7' 5' 55' 55' 21 DRAINAGE & UTILITY EASEMENT TYPICAL LOTDIMENSION FRONT BUILDINGSETBACK BUILDING SETBACK LINE LOT NUMBER REAR BUILDINGSETBACK LOT LINEDRAINAGE &UTILITYEASEMENT ROADRIGHT-OF-WAY X,XXX SF LOT AREA TYPICAL TOWNHOME DETAIL GARAGE GARAGE GARAGE GARAGE DWY DWY DWY DWY 88 PARKING PROVISIONS: REQUIRED GUEST PARKING: 0.5 STALL PER UNIT X 177 UNITS = 90.5 STALLS PROVIDED GUEST PARKING: 96 STALLS CITY CITY CITY CITY CITY CITY HOA HOA HOA PONDING / OPEN SPACE PONDING / OPEN SPACE PONDING / OPEN SPACE PONDING / OPEN SPACE PONDING PONDING / OPEN SPACE / PARK PONDING PARK OPEN SPACE MAX. BLDG COVERAGE 45%40% 20' / 25' GARAGE RST-2 (REMAINDER) SINGLE FAMILY HOMES:555 HOMES 5,303 SF/UNIT PROVIDED (OUTLOTS H TRAIL CORRIDOR, 20' AVG. WIDTH AS CALC.) *OVERALL AVERAGE LOT AREA: 10,789 SF K 0.08 ACHOAMONUMENT SIGN L 0.43 ACHOAOPEN SPACE PROPOSED WETLAND IMPACT:61,252 SF (1.406 AC) PROPOSED WETLAND IMPACT (VIA OFFSITE CREDIT PURCHASE):122,504 SF (2.812 AC) GROSSAREA (SF) 95,607 SF 126,208 SF 175,913 SF 81,783 SF 276,376 SF 207,396 SF 397,950 SF 1,650,141 SF 18,574 SF 34,098 SF 3,659 SF 18,801 SF EXHIBIT B Page 176 of 532 12345678910111213891012345671234567891234567891011121314151617181920212223242526272829303132333435361234DRAFT HORSE BOULEVARD174THSTREET EAGLEVIEW DRIVEDRAFT HORSE BOULEVARD179TH STREET WEST(FUTURE COUNTY ROAD)OUTLOT AOUTLOT BOUTLOT EOUTLOT FOUTLOT COUTLOT DOUTLOT EOUTLOT G∆ ∆ ∆37S00°33'55"E 1115.97S00°33'55"E 2623.67N89°26'05"E 535.00∆=14°48'30"R=1000.00L=258.45N74°37'34"E 408.43S14°03'34"E 234.05S01°31'12"E253.70S19°16'42"W91.97S27°52'06"W108.67S19°30'51"E144.14S00°52'38"W223.24∆=5°09'17"L=66.57R=740.00CB=N77°12'13"ECL=66.55∆=1°33'44"R=3060.00 L=83.44CL=83.44CB=S72°24'28"WS00°20'29"E126.47∆=11°09'38"L=572.67R=2940.00CB=S65°17'00"WCL=571.77S59°42'11"W 408.72S23°20'54"E 736.85S18°29'32"E134.50S60°24'21"W169.61N21°41'48"W150.93N28°47 '02 "W152.54N24°59'08"W150.28N29°50 '44 "W150.93N33°07 '36 "W50.10N17°15'40"W72.57N19°07'17"W141.79N60°24'21"E88.70S59°42'11"W 395.22N00°07'05"W9.93S89°52'55"W 136.05 N19°35'45"W 540.57N12°23'01"W 436.24N35 ° 5 0 '4 5 "W 351 . 42 S07°26'35"E 315.22N4 0 ° 5 0 ' 4 5 "W 2 0 0 . 0 0 N89°50'45"W 1861.48 435.3599.65 722.921900.75N00°33'55"W134.47N83°36'27"E 339.23S24°50'25"E 270.62S14°27'46"E87.87S12°16'54"E74.96N15°21'45"W136.31S02°09'21"E72.56N10°40'48"W83.72S09°58'53"E60.00S14°03'34"E122.61N74°37'34"E86.03S05°31'21"E120.00N09°23'44"W188.44∆=17°55'10"L=259.59 R=830.00∆=27°27'52"L=225.29 R=470.00CL=175.38CB=S82°46'06"W∆=3°25'06"R=2940.00L=175.41N89°26'05"E 768.57∆=23°24'16"L=191.99∆=4°03'37"L=33.31S18°56'26"E 239 .95S00°33'55"E 242.92∆=18°22'31"R=880.00L=282.22N89°26'05"E 279.53 N00°20'29"W 1226.561323.18538.30 416.27810.29∆ = 5 2 ° 1 3 ' 2 8 " R=5 3 0 . 0 0 L=483. 0 9 CB= S 6 4 ° 2 7 ' 1 1 " E CL = 4 6 6 . 5 4N22°29'59"W 444 .50S02°24'00"W 357.51N24°26'34"E145.06WEST 174.85 S43°54'22"W217.70∆ ∆ ∆ ∆∆=12°23'23"R=2940.00L=635.74∆=25° 0 6 ' 2 3 " L=23 2 . 2 4 ∆ = 2 3 ° 5 4 ' 4 3 " L = 2 2 1 . 1 9∆=3 ° 1 2 ' 2 2 " L= 2 9 . 6 6∆=7°47'50"L=400.09S06°40'05"W118.15S05°39'33"E91.11S45°14'34"W109.48S89°39'31"W91.57NORTH CREEKWET LANDWET LANDWET LANDWET LANDWET LANDWET LAND35 ft Sanitary Sewer Easementper Doc No. 53361635 ft San itary SewerEasement per DocNo. 533616N30°58 '58 "W 413 .60∆=19°50'07"R=30.50L=10.56N 5 0 ° 4 9 ' 0 5 " W 5 6 6 . 0 6∆=17°41'29"R=30.50L=9.42N33°07 '36 "W 409 .36∆=12°08'00"R=30.50L=6.46N20°59'36"W 591 .08∆=21°05'12"R=30.50L=11.22N42°04'48"W79.48303.901125.27251025102510WET LANDWET LANDDrainage Easementper Doc No. 1494056Fd. 1/2 Inch Iron Pipe;LS #42305Fd. 1/2 Inch Iron Pipe;LS #42305Fd. 1/2 Inch Iron Pipe;LS #42305Fd. 1/2 Inch Iron Pipe;LS #42305Fd. 1/2 Inch Iron Pipe;LS #42305Fd. 1/2 Inch Iron Pipe;LS #42305SE Cor of the East Half ofSection 12, Twp. 114, Rge. 20Fd. Dakota County Cast Iron MonumentEast 1/4 Cor of Section 12,Twp. 114, Rge. 20Fd. Dakota County Cast Iron Monument80120120806060 8080 South line of Outlot M,BROOKSHIREN80°28'28"E60.00Drainage & Utility Easementover all of Outlot D1234567891011121314151617181920123456566D R E S D E N P L A C E N 4 5 ° 0 3 ' 1 3 "W 4 2 . 7 4 See Sheet 5 of 5 Sheets for Drainage &Utility Easement details in Outlot GDETAIL ASee Sheet 5 of 5 Sheets for Drainage &Utility Easement details in Outlot FDETAIL B5510 Drainage & Utility EasementCL=10.00CB=S79°40'10"W∆=0°41'55"R=820.00L=10.00N80°38'12"E54.68CL=41.30CB=S78°40'27"W∆=2°41'21"R=880.00L=41.30S00°36'38"E60.00N33°07'36"W132.5525 ft Trail Easementper Doc No. 3564438250150300450Sheet 2 of 5 SheetsBROOKSHIRE 3RD ADDITIONSET 1/2" BY 14" REBAR WITH CAP #43055FOUND MONUMENT WITH CAP #53596OR AS NOTED ON SURVEYTHE SOUTH LINE OF OUTLOT M, BROOKSHIRE,HAS AN ASSUMED BEARING OF N 89°50'45" WSCALE: 1 INCH = 150 FEETSCALE IN FEET(NOT TO SCALE)CITY OF LAKEVILLESECTION 12, TOWNSHIP 114, RANGE 20VICINITY MAPSITE12170TH STREET WPILOT KNOB ROADEAGLEVIEW DRIVE179TH STREET WDIAMONDPATHDRAFTHORSE BLVD∆DENOTES RESTRICTED ACCESS TO DAKOTA COUNTY PERTHE DAKOTA COUNTY CONTIGUOUS PLAT ORDINANCEINSET A(SEE SHEET 3 OF 5 SHEETS)INSET B(SEE SHEET 4 OF 5 SHEETS)EXHIBIT CPage 177 of 532 1234567891011121389101234567123456789123174TH STREETDRAFT HORSE BOULEVARD179TH STREET WESTOUTLOT A∆ ∆ ∆ ∆ ∆ ∆ ∆ ∆ ∆ ∆ ∆ ∆ ∆ ∆ ∆ ∆ ∆ ∆ ∆12N89°26'05"E 99.65∆=14°48'30"R=1000.00L=258.45N74°37'34"E 408.43∆=5°09'17"L=66.57R=740.00CB=N77°12'13"ECL=66.55S14°03'34"E 234.05S01°31'12"E 253.70S19°16'42"W91.97S27°52'06"W 108.67S19°30'51"E 144 .14S00°52'38"W 223.24∆=1°33'44"L=83.44R=3060.00CB=S72°24'28"WCL=83.44S00°20'29"E 126.47S14°03'34"E 328.80S75°56'26"W 138.67∆=6°12'03"R=600.00L=64.94S07°51'31"E 89.25∆=13°37'33"R=600.00L=142.69S21°29'04"E 173 .03∆=12°05'20"R=600.00L=126.59N09°23'44"W 143.01∆=13°13'28"L=692.43R=3000.00CL=690.90CB=S77°51'55"W30.0130.01278.7150.0930.0030.00∆=4°00'02"L=209.47∆=9°13'26"L=482.9760.0060.0063.1763.31N80°28'28"E60.003030 30 30 30 303030 6060606070.2529.40∆=2°34'21"L=44.90∆=4°25'27"L=77.22∆=4°25'27"L=77.22∆=3°23'15"L=59.1214.4070.2770.27130.0386.0273.5289.86108.6793.1086.0270.2715.7668.8865.9765.7668.0170.61N00°33'55"W 134.47N83°36'27"E 339.23N80°38'12"E54.68S14°03'34"E 122.61N74°37'34"E86.03N00°33'55"W 141.64N03°08'16"W 147.68N07°33'43"W 148.88N11°59'10"W 144.98S14°03'34"E 135.76S14°03'34"E 130.03S14°03'34"E 130.03N74°37'34"E 130.03N74°37'34"E 130.0373.5285.0270.7775.2775.2721.78∆=4°56'06"L=49.10∆=1°15'57"L=12.5958.7530.50∆=3°42'11"L=40.72∆=6°26'17"L=70.79∆=3°29'05"L=38.3232.7471.1569.14 ∆=0 ° 1 2 ' 1 0 " L= 2 . 0 2 ∆=7°07'20"L=70.85∆=4°45'50"L=47.3923.5971.0371.0371.0371.1071.1071.1075.2770.7788.0163.45S74°37'34"W 133.00S20°29'36"E 213 .09S09°43'05"E 213.30S10°59'09"E70.96S17°20'30"E70.79S14°50'53"E70.75S14°03'34"E 75.27S74°37'34"W 130.00S74°37'34"W 130.00S74°37'34"W 130.00S74°37'34"W 133.27S74°37'34"W 131.08S74°37'34"W 130.08S74°37'34"W 130.00S74°37'34"W 130.06S74°37'34"W 131.30S74°37'34"W 132.53S74°37'34"W 133.00S74°37'34"W 130.00∆=1°23'21"L=21.3320.09∆=5°54'50"L=65.03∆=0 ° 1 7 ' 1 3 " L= 3 . 1 5 68.2620.99∆=5°03'05"L=50.25∆=8°34'28"L=85.3074.0072.0027.03∆=3°56'07"L=43.27∆=6°18'05"L=69.29∆=1 ° 5 1 ' 0 8 " L= 2 0 . 3 6 83.09∆=3°26'11"L=183.52119.5886.5264.5215.3372.5465.2971.02108.67S78°45'08"W 151.93S12°16'54"E74.96S02°09'21"E72.56N10°40'48"W83.72N15°21'45"W 136.31S14°27'46"E 87.87S24°50'25"E 270 .62∆=3°22'46"L=48.36S75°56'26"W 155.42S75°56'26"W 148.16S75°56'26"W 155.26S68°30'56"W 153.37S68°30'56"W 141.38S68°30'56"W 132.51S72°27'04"W 136.2259.63∆=6°43'44"L=359.38∆=4°04'41"R=850.00L=60.501010101020 20 20 20151522.6815.0110 10101010∆=1°31'03"L=81.05S06°06'35"E83.29S42°13'46"W44.129.7210 10 1212121210 10 10 10 Drainage & UtilityEasementDrainage & UtilityEasementDrainage &UtilityEasementDrainage &UtilityEasementDrainage &UtilityEasementDrainage &UtilityEasementDrainage &UtilityEasementDrainage &UtilityEasementDrainage & Utility Easementover all of Outlot A(FUTURE COUNTY ROAD)S09°58'53"E60.00∆=2°41'21"R=880.00L=41.30∆=0°41'55"R=820.00L=10.0044.0129.51Drainage &UtilityEasementS05°31'21"E 120.00CL=175.38CB=S82°46'06"W∆=3°25'06"R=2940.00L=175.41CL=462.68CB=S75°22'36"W∆=9°01'35"R=2940.00L=463.16050100150Sheet 3 of 5 SheetsBROOKSHIRE 3RD ADDITIONSET 1/2" BY 14" REBAR WITH CAP #43055FOUND MONUMENT WITH CAP #53596OR AS NOTED ON SURVEYTHE SOUTH LINE OF OUTLOT M, BROOKSHIRE,HAS AN ASSUMED BEARING OF N 89°50'45" WSCALE: 1 INCH = 50 FEETSCALE IN FEET∆DENOTES RESTRICTED ACCESS TO DAKOTA COUNTY PERTHE DAKOTA COUNTY CONTIGUOUS PLAT ORDINANCEBEING 5 FEET IN WIDTH, UNLESS OTHERWISE INDICATED,AND ADJOINING LOT LINES, AND 10 FEET IN WIDTH ANDADJOINING RIGHT-OF-WAY LINES AS SHOWN ON THE PLATDRAINAGE AND UTILITY EASEMENTS ARE SHOWN THUS:(NOT TO SCALE)10 10 55INSET A(FROM SHEET 2 OF 5 SHEETS)Page 178 of 532 12345671312345678910111213141516171819202122232425262728293031323334353646DRAFT HORSE BOULEVARDEAGLEVIEW DRIVEOUTLOT BOUTLOT C∆=3°21'48"L=172.58R=2940.00CB=S69°10'55"WCL=172.56N09°23'44"W 188.37∆=17°55'10"R=800.00L=250.20∆=27°27'52"R=500.00L=239.67S18°56'26"E 239 .95∆=18°22'31"R=850.00L=272.60S00°33'55"E 272.92N89°26'05"E 249.48 ∆= 5 2 ° 4 1 ' 3 4 " L= 4 5 9 . 8 3 R= 5 0 0 . 0 0 CL = 4 4 3 . 8 0 CB = S 6 4 ° 1 3 ' 0 8 " E S80°28'28"W60.0030.3330.2930.0030.00N17°33'13"W 75.00S17°33'13"E 75.00N17°33'13"W 75.00S17°33'13"E 75.00S17°33'13"E 75.00S17°33'13"E 75.00S17°33'13"E 75.00S72°26'47"W 172.00N72°26'47"E 172.0034.0026.0026.0026.0026.0034.0034.0026.0026.0026.0026.0034.0034.0026.0026.0026.0026.0034.0034.0026.0026.0026.0026.0034.00S14°43'27"E 75.00N14°43'27"W 75.00S14°43'27"E 75.00N14°43'27"W 75.00N14°43'27"W 75.00N14°43'27"W 75.00N14°43'27"W 75.00S75°16'33"W 172.00N75°16'33"E 172.00N00°33'55"W 75.00S00°33'55"E 75.00N00°33'55"W 75.00S00°33'55"E 75.00S00°33'55"E 75.00S00°33'55"E 75.00S00°33'55"E 75.00N89°26'05"E 172.00S89°26'05"W 172.00 34.0026.0026.0026.0026.0034.0034.00 26.00 26.00 26.00 26.00 34.00 34.00 26.00 26.00 26.00 26.00 34.00 34.0026.0026.0026.0026.0034.00 N00°33'55"W 75.00N00°33'55"W 75.00N00°33'55"W 75.00N00°33'55"W 75.00S00°33'55"E 75.00N00°33'55"W 75.00S00°33'55"E 75.00S89°26'05"W 172.00 N89°26'05"E 172.00S72°26'47"W 75.00N72°26'47"E 75.00S72°26'47"W 75.00N72°26'47"E 75.00N72°26'47"E 75.00N72°26'47"E 75.00N72°26'47"E 75.00N17°33'13"W 172.00S17°33'13"E 172.0034.0026.0026.0026.0026.0034.0034.0026.0026.0026.0026.0034.0034.0026.0026.0026.0026.0034.0034.0026.0026.0026.0026.0034.00WEST 75.00WEST 75.00WEST 75.00WEST 75.00 WEST 75.00 WEST 75.00 EAST 75.00 NORTH 172.00SOUTH 172.00S45°20'27"W 83.05S33°10'14"E 65.91S02°30'25"W 69.49S08°27'22"W 68.48N86°11'20"W 59.98N06°19'25"W 99.29N34°29'51"W51.47188.30∆=17°55'10"L=240.82∆=17°42'46"L=163.85∆=7°45'23"L=398.00SOUTH 260.41N17°33'13"W 243.60 WEST 345.95 WEST 174.85 126.45 ∆=9°01'35"CB=S75°22'36"WCL=462.68R=2940.00L=463.16∆∆∆∆∆∆∆∆∆∆∆∆∆∆=4°38'00"L=237.74N22°29'59"W 444.50∆=9°45'07"L=90.21239.95110.42N 4 6 ° 1 7 ' 2 0 "W 1 3 0 . 0 5 155.50 N89°26'05"E N78°12' 4 9 " W 1 3 3 . 2 0 N6 6 ° 0 1 ' 5 5 " W 117 . 7 9S02°24'00"W 357.51N24°26'34"E 145.06N4 5 ° 0 3 ' 1 3 "W42.74N09°23'44"W 188.44∆=17°55'10"R=830.00L=259.59∆=27°27'52"R=470.00L=225.29S18°56'26"E 239 .95∆=18°22'31"R=880.00L=282.22S00°33'55"E 242.92S00°36'38"E60.00132.5085.0070.5063.98 85.0070.50 72.89 60.32 59. 2 2 58. 5 7 5 8 . 5 5 7 1 . 5 0 ∆=1°17'06"L=10.54∆=10°47'48" L=88.57 ∆=10° 4 7 ' 4 8 " L=88. 5 7 ∆=1 0 ° 4 7 ' 4 8 " L= 8 8 . 5 7 ∆ = 1 0 ° 4 7 ' 4 8 " L = 8 8 . 5 7 ∆=8 ° 4 5 ' 0 1 " L= 7 1 . 7 8 S00°33'55"E 132.50S00°33'55"E 132.50S00°43'10"W 148.01S11°30'58"W 153.99S22°18'46"W 161.30S33°06'34"W 157.46S43°54'22"W 162.79S43°54'22"W 217.70157.08N89°26'05"E 279.53 ∆=5 2 ° 1 3 ' 2 8 " CB = S 6 4 ° 2 7 ' 1 1 " E CL = 4 6 6 . 5 4 R= 5 3 0 . 0 0 L= 4 8 3 . 0 9 3030303030 30 3030303037Drainage & Utility Easementover all of Lot 37, Block 4Drainage & Utility Easementover all of Outlot B10101010105.61122.31Drainage &Utility EasementDrainage &Utility EasementDrainage &Utility EasementDRESDEN PLACE 89101112141516171819207 3 . 2 9 5 6 . 7 6 50. 4 6 67. 3 3 34.86 98.346113.62 131.91 S21°42'32"E 144 .54 S66 ° 4 2 ' 3 4 " E 1 3 4 . 9 1 S87°33'44"E 140.48 S87°33'44"E 144.88 N86°26'32"E 146.88N68°38'00"E 176.81N50°49'28"E 145.30N33°00'57"E 131.35N15°12'25"E 123.65S00°33'55"E 132.50S00°33'55"E 132.5084.7070.50 8.10∆=15°46'21" L=55.06 ∆=1 7 ° 4 8 ' 3 2 " L=6 2 . 1 6 ∆ = 1 7 ° 4 8 ' 3 2 " L = 6 2 . 1 6∆=17°48 '32 "L=62.16∆=17°48'32"L=62.16∆=5 ° 5 9 ' 4 5 " L= 2 0 . 9 3 46.8741.01∆=17°09'00"L=29.93∆=45°54'19" L=48.07 SOUTH 105.55S24°11'46"W32.62∆=45°00'02"L=47.1252.02 124.0920.9788.0670.5083.10115.85∆=45°50'56"L=48.01∆=7 ° 5 0 ' 4 6 " L= 1 3 . 6 9 ∆=1°32'35"L=22.081234565∆=55°53'38"L=58.5374.29 N89°26'05"E 152.18 N89°26'05"E 123.64 S48°14'44"W23.93∆=9 ° 0 2 ' 0 4 " L= 9 . 4 6 67.4323.1174.44 N89°26'05"E 205.91 N89°26'05"E 250.26 N22°09'10"E 149.33S00°33'55"E 146.0249.96 60.34 99.14 150.14 50.07∆=21°16'31"L=51.99∆=72°40 '19 " L=177 .57 ∆=19°47'31" L=48.36 ∆=10°24'22"L=148.93∆=1°48'32"R=800.00L=25.26 70.90S18°56'26"E 198 .69N89°26'05"E20.84∆=2°13'27"L=31.83N23°10'26"E 90.54∆=225°43'56" R=60.00 L=236.39 ∆=24°59'47"R=100.00L=43.63S02°26'16"W 87.88∆=14°51'45"L=220.49∆=3°30'46"L=52.11N89°26'05"E 192.00 ∆ = 9 3 ° 0 0 ' 1 2 " R = 1 7 0 . 0 0 L = 2 7 5 . 9 5S02°26'16"W 155.49S66 ° 4 9 ' 3 4 " E 60. 0 0N59°39'17"E46.82N87°33'44"W 15.01 303030 301010 10 10101010101020201010101055 10∆=8°22'17"L=119.81135.76Drainage &Utility EasementDrainage &Utility EasementDrainage &Utility EasementDrainage& UtilityEasement∆=24°02'58"L=25.18∆=8°12'55"L=75.99Drainage & UtilityEasement1414N00°33'55"W 106.53N36°17'06"E43.5122.151010 10 10 ∆=12°04'16"L=12.64050100150Sheet 4 of 5 SheetsBROOKSHIRE 3RD ADDITIONSET 1/2" BY 14" REBAR WITH CAP #43055FOUND MONUMENT WITH CAP #53596OR AS NOTED ON SURVEYTHE SOUTH LINE OF OUTLOT M, BROOKSHIRE,HAS AN ASSUMED BEARING OF N 89°50'45" WSCALE: 1 INCH = 50 FEETSCALE IN FEET∆DENOTES RESTRICTED ACCESS TO DAKOTA COUNTY PERTHE DAKOTA COUNTY CONTIGUOUS PLAT ORDINANCEBEING 5 FEET IN WIDTH, UNLESS OTHERWISE INDICATED,AND ADJOINING LOT LINES, AND 10 FEET IN WIDTH ANDADJOINING RIGHT-OF-WAY LINES AS SHOWN ON THE PLATDRAINAGE AND UTILITY EASEMENTS ARE SHOWN THUS:(NOT TO SCALE)10 10 55INSET B(FROM SHEET 2 OF 5 SHEETS)Page 179 of 532 1213891012345671234567891415161718192021222326272829303132331234DRAFT HORSE BOULEVARD174THSTREETDRAFT HORSE BOULEVARD179TH STREETOUTLOT COUTLOT G∆ ∆ ∆ ∆OUTLOT G37N00°33'55"W 134.47N83°36'27"E 339.2315.00N00°33'55"W 134.76N01°39'52"E31.27N01°39'52"E31.56S89°26'05"W15.01N89°26'05"E 535.00 ---315.96N06°23'33"W15.00N80°38'12"E53.50N74°37'34"E85.58N83°36'27"E22.88S14°03'34"E122.61N74°37'34"E86.03N80°38'12"E54.68107.61S10°40'48"E84.34N10°52'22"W 224.93∆=1°41'54"L=26.08R=880.00CB=S80°52'04"WCL=26.08S77°43'06"W9.88N10°40'48"W83.72S02°09'21"E72.56N15°21'45"W136.31S12°16'54"E74.96S09°58'53"E60.0056.69Drainage & Utility EasementDrainage& UtilityEasementDrainage& UtilityEasementS14°27'46"E87.87S24°50'25"E270.6287.39S24°50'25"E 143 .62S14°27'46"E69.38S77°43'06"W13.0116.82S06°09'09"E40.57Drainage& UtilityEasement3030S09°23'44"E 142.02∆=2°36'15"L=45.45R=1000.00CL=45.45CB=S86°49'06"W∆=9°15'13"R=830.00L=134.05S09°23'44"E24.41S78°55'03"W26.111010∆=8°39'57"R=830.00L=125.54∆=20°32'33"R=470.00L=168.51∆=2°51'43"R=470.00L=23.48∆=5°09'26"L=45.00R=500.00CL=44.99CB=S87°46'37"E3030Drainage& UtilityEasementDrainage& UtilityEasement99.65 ∆=4°03'37"L=33.31R=470.00CB=S16°54'38"ECL=33.30CB=S79°41'10"WS08°16'59"E60.00∆=1°41'54"L=24.31R=820.00CL=24.30CB=S80°52'04"WS09°23'44"E22.01N80°36'16"E25.001010CL=41.31CB=S78°40'27"W∆=2°41'21"R=880.00L=41.30EAGLEVIEW DRIVEOUTLOT COUTLOT D201918171615141312111098765432112345656DRESDEN PLACE OUTLOT F OUTLOT E∆=4°03'37"L=33.31R=470.00CB=S16°54'38"ECL=33.30S18°56'26"E143.97S18°56'26"E95.98∆=4°15'42"R=880.00L=65.46∆=10°43'14"R=880.00L=164.66∆=3°23'35"R=880.00L=52.11S00°33'55"E 126.78S00°36'38"E30.00S00°36'38"E30.00S89°26'05"W 30.00 S89°26'05"W 249.52 ∆=10°37'23"L=46.35R=250.00CL=46.29CB=S79°41'10"W30301010S89°26'05"W27.313030N89°26'05"E55.413030N89°23'22"E42.0030 30 ∆=4°33'57"L=47.81R=600.00CL=47.80CB=S3°32'59"E∆=8°19'01" R=530.00 L=76.93 30 30 ∆=27°00'04"R=530.00L=249.77 ∆=16° 5 4 ' 2 4 " R=53 0 . 0 0 L=15 6 . 3 9N43°54'22"E 187.41∆=5°43'18"L=49.93R=500.00CL=49.91CB=S35°00'42"E 3030N43°54'22"E30.29 DRAFT HORSE BOULEVARDN01°01'16"E 197.00N07°11'49"E 144.00N17°55'27"E 294.28N29°39'02"E100.00N24°59'43"E44.49N30°58 '58 "W 408 .07 30 30 30 30 30 30 35 ft Sanitary Sewer Easementper Doc No. 5336162510Drainage& UtilityEasementDrainage& UtilityEasementDrainage& UtilityEasementDrainage& UtilityEasementDrainage& UtilityEasementDrainage& UtilityEasementDrainage & UtilityEasementS89°50'45"E 197.91Drainage & Utility Easementover all of Outlot DN47°25'30"E16.45∆=0°43'15"L=11.0741.71S00°33'55"E 116.14N71°18'46"E25.001010S07°45'06"W34.30∆=2°20'06"L=12.23R=300.00CL=12.22CB=S6°35'03"WDrainage& UtilityEasement413.60 S89°50'45"E 1323.18 - - -080160240Sheet 5 of 5 SheetsBROOKSHIRE 3RD ADDITIONDETAIL A(FROM SHEET 2 OF 5 SHEETS)DETAIL B(FROM SHEET 2 OF 5 SHEETS)O U T L O T FN89°26'05"E27.781010N89°26'05"E27.7810Drainage &UtilityEasement Page 180 of 532 City of Lakeville Public Works – Engineering Division Memorandum To: Kris Jenson, Planning Manager From: Jon Nelson, Assistant City Engineer McKenzie L. Cafferty, Environmental Resources Manager John Hennen, Parks and Recreation Director Copy: Zach Johnson, City Engineer Tina Goodroad, Community Development Director Julie Stahl, Finance Director Dave Mathews, Building Official Date: May 1, 2024 Subject: Brookshire 3rd Addition • Final Plat Review • Grading and Erosion Control Plan Review • Tree Preservation Review • Utility Plan Review BACKGROUND D.R. Horton, Inc. submitted a final plat named Brookshire 3rd Addition. This is the third phase of the Brookshire preliminary plat approved by the City Council on May 2nd, 2022. The proposed subdivision is located south of 170th Street, east of Pilot Knob Road, and west of and adjacent to the east City limits. The parent parcels are Outlot L and Outlot M, Brookshire and are zoned RST-2, Single and Two Family Residential District and RM-1, Medium-Density Residential District (following a rezoning approved with the Brookshire preliminary plat). The final plat consists of 58 single-family lots, 36 attached townhome lots and one common- area lot within six blocks, and seven outlots on 152.57 acres. The Developer is dedicating 1.91 acres for 179th Street right-of-way. The outlots created with the final plat shall have the following uses: Outlot A: Stormwater management basin; deeded to City (2.20 acres) Outlot B: Stormwater management basin; deeded to City (2.16 acres) Outlot C: HOA Open Space; owned by D.R. Horton (0.57 acres) Outlot D: Stormwater management basin; deeded to City (1.26 acres) Outlot E: Future Development; retained by Brandtjen Farm Ltd. Ptnshp. (44.02 acres) Page 181 of 532 BROOKSHIRE 3RD ADDITION – FINAL PLAT MAY 1, 2024 PAGE 2 OF 10 Outlot F: Future Development; retained by Brandtjen Farm Ltd. Ptnshp. (44.11 acres) Outlot G: Future Development; retained by Brandtjen Farm Ltd. Ptnshp. (31.48 acres) The proposed development will be completed by: Developer: D.R. Horton, Inc. Engineer/Surveyor: Westwood SITE CONDITIONS The Brookshire 3rd Addition site was mass graded under a grading permit issued in 2022 following City Council approval of the Brookshire preliminary plat. ENVIRONMENTAL ASSESSMENT WORKSHEET (EAW) An environmental assessment worksheet (EAW) was prepared consistent with Environmental Quality Board (EQB) requirements and Minnesota Rules 4410. The Developer addressed the comments identified in the EAW review process. A Negative Declaration on the EAW was adopted by the City Council on September 7, 2021. EASEMENTS The parent parcels contain the following existing easements that do not impact the proposed subdivision and shall remain with the final plat: • Sanitary Sewer Easement; in favor of City of Lakeville (Doc. No. 533616). Prior to recording of the final plat: • A 10-foot-wide drainage and utility easement along the east and south property lines of Outlot A shall be shown on the final plat. The blanket drainage and utility easement over all Outlot A shall be removed. • A 10-foot-wide drainage and utility easement along the north property line of Outlot B shall be shown on the final plat. The blanket drainage and utility easement over all Outlot B shall be removed. • A 10-foot-wide drainage and utility easement along the perimeter property line of Outlot C shall be shown on the final plat. • A 10-foot-wide drainage and utility easement along the north property line of Outlot D shall be shown on the final plat. The blanket drainage and utility easement over all Outlot D shall be removed. Page 182 of 532 BROOKSHIRE 3RD ADDITION – FINAL PLAT MAY 1, 2024 PAGE 3 OF 10 STREET AND SUBDIVISION LAYOUT Dunwoody Drive (Future CSAH 9) Brookshire 3rd Addition is located north of, south of and adjacent to Dunwoody Drive, a future Dakota County highway classified as a minor arterial. The 2022 Dakota County Plat Needs Map (rev. 10-27-22) identifies a half right-of-way need of 60 feet. The Dakota County Plat Commission recommended approval of the final plat on March 27, 2024. Development of Brookshire 3rd Addition includes the construction of Dunwoody Drive at the Draft Horse Boulevard intersection. The roadway is designed as a two-lane divided urban roadway, consistent with the 2022 Dakota County Plat Needs Map (rev. 10-27-22). The Developer is eligible for reimbursement for constructing Dunwoody Drive to County highway standards. The reimbursement will be the actual engineering and construction costs over and above the costs that would have been incurred to construct Dunwoody Drive to City collector standards. The City shall reimburse the Developer with subsequent phases of the Brookshire preliminary plat, upon completion and final acceptance of the improvements between the west and east plat boundaries. The City and County will enter into a Joint Powers Agreement to provide the Developer with the County’s share of the project costs. The City and County are partnering to design and construct the portion of Dunwoody Drive that includes a bridge crossing over North Creek. City and County staff continue to coordinate the structure design with the Developer’s engineer to ensure connectivity of the bridge crossing with the Dunwoody Drive roadway extensions to be built by the Developer with future phases of the Brookshire preliminary plat. The Developer shall incorporate the recommendations of the bridge crossing design with future phases of the Brookshire preliminary plat, including, but not limited to roadway profile, right-of-way and easement needs, bridge location, intersection design, and turn lane locations. Diamond Path (Future CSAH 33) Brookshire 3rd Addition is located west of and adjacent to Diamond Path, a future Dakota County highway classified as a major collector. The 2022 Dakota County Plat Needs Map (rev. 10-27-22) identifies a half right-of-way need of 60 feet. The Developer shall dedicate the required right-of-way at the time Outlot E is final platted into lots and blocks. The Dakota County Plat Commission recommended approval of the final plat on March 27, 2024 Local Roads Development of Brookshire 3rd Addition includes the construction of 174th Street, Draft Horse Boulevard, Dresden Place and Eagleview Drive, City roadways classified as local roads. The roadways are designed as 32-foot-wide urban roads with a sidewalk along one side (except for cul-de-sacs), within a 60-foot-wide right-of-way. The Developer shall construct a temporary cul- de-sac at the west end of Eagleview Drive within a temporary public roadway, drainage and utility easement and provide a $2,500 security for the future removal and restoration. The Developer shall install a “Future Street Extension” sign and barricades at the east end of 174th Street, the south end of Draft Horse Boulevard and the west end of Eagleview Drive. Page 183 of 532 BROOKSHIRE 3RD ADDITION – FINAL PLAT MAY 1, 2024 PAGE 4 OF 10 Private Roads Development of Brookshire 3rd Addition includes the construction of Driscoll Place, privately- owned roadways designated to be maintained by a property management association. CONSTRUCTION ACCESS Construction traffic access and egress for grading, utility and street construction is restricted to the intersection of Draft Horse Boulevard and 173rd Street. Construction traffic access and egress via adjacent local roadways and existing subdivisions, such as 173rd Street and Eagleview Drive, is prohibited. PARKS, TRAILS, AND SIDEWALKS Development of Brookshire 3rd Addition includes the construction of public sidewalks. Five- foot-wide concrete sidewalks, with pedestrian curb ramps, will be installed along one side of all local streets (except for cul-de-sacs). The Park Dedication requirement has not been collected on the parent parcels and will be satisfied through a cash contribution to be paid with the final plat, calculated as follows: 58 units x $5,774.00 = $334,892.00 Total Units (Low-Density) Brookshire 3rd Addition 2024 Unit Rate (Low-Density) Park Dedication Fee Brookshire 3rd Addition 36 units x $3,929.00 = $141,444.00 Total Units (Medium-Density) Brookshire 3rd Addition 2024 Unit Rate (Medium-Density) Park Dedication Fee Brookshire 3rd Addition The Developer shall satisfy the park dedication requirement for Outlots C, E, F, and G with subsequent phases of the Brookshire preliminary plat at the time they are final platted into lots and blocks through a cash contribution at the rate in effect at the time of final plat approval. UTILITIES SANITARY SEWER Brookshire 3rd Addition is located within subdistricts NC-20000, NC-20010, and NC-20021 of the North Creek sanitary sewer district. Wastewater will be conveyed through City sanitary sewer to the MCES interceptor sewer monitored by meter M643A. Wastewater treatment is provided by the Empire Wastewater Treatment Facility. Development of Brookshire 3rd Addition includes the construction of public sanitary sewer. Sanitary sewer will extend within the subdivision from a direct connection to MCES interceptor 7409 at MCES MH 32, located within Outlot E. Page 184 of 532 BROOKSHIRE 3RD ADDITION – FINAL PLAT MAY 1, 2024 PAGE 5 OF 10 The Sanitary Sewer Availability Charge has not been collected on the parent parcels and is required with the final plat, calculated as follows: 94 units x $327.00 = $30,738.00 Total Units Brookshire 3rd Addition 2024 Unit Rate Sanitary Sewer Availability Charge Brookshire 3rd Addition The Sanitary Sewer Availability Charge for Outlots C, E, F and G will be collected with subsequent phases of the Brookshire preliminary plat at the time they are final platted into lots and blocks, at the rate in effect at the time of final plat approval. WATERMAIN Development of Brookshire 3rd Addition includes the construction of public watermain. Watermain will extend within the subdivision from an existing stub located within Draft Horse Boulevard at the intersection of 173rd Street. DRAINAGE AND GRADING Brookshire 3rd Addition is located within subdistricts NCL-84 and NCL-85 of the North Creek stormwater district, as identified in the City’s Water Resources Management Plan. Previous additions of the Brookshire preliminary plat included the construction of stormwater management basins to provide water quality treatment and rate control of the stormwater runoff generated from Brookshire 3rd Addition. The existing stormwater management facilities are located in Outlot A. The Brookshire preliminary plat includes the construction of public stormwater management basins to collect and treat the stormwater runoff generated from the site. The basins will outlet into North Creek. Water quality improvements and volume reduction will be provided by infiltration due to the highly permeable soil on the site and a privately owned and maintained water re-use system. Development of Brookshire 3rd Addition includes the construction of public stormwater management basins. The basins will be located in Outlot B and Outlot D and provide treatment and rate control of stormwater runoff generated from the site. The stormwater management design is consistent with the City’s stormwater management ordinance. A Vermillion River Watershed Joint Powers Organization (VRWJPO) water corridor, classified as a principal connector, exists in the southwest corner of the site, within Outlot E. The VRWJPO water corridor and buffer will be placed in an outlot and deeded to the City at the time Outlot E develops into lots and blocks. The final grading plan shall identify all fill lots in which the building footings will be placed on fill material. The grading specifications shall also indicate that all embankments meet FHA/HUD 79G specifications. The Developer shall certify to the City that all lots with footings placed on fill material are appropriately constructed. Building permits will not be issued until a soils report and an as-built certified grading plan have been submitted and approved by City staff. Page 185 of 532 BROOKSHIRE 3RD ADDITION – FINAL PLAT MAY 1, 2024 PAGE 6 OF 10 Brookshire 3rd Addition contains more than one acre of site disturbance. A National Pollution Discharge Elimination System General Stormwater Permit for construction activity is required from the Minnesota Pollution Control Agency for areas exceeding one acre being disturbed by grading. A copy of the Notice of Stormwater Permit Coverage must be submitted to the City upon receipt from the MPCA. STORM SEWER Development of Brookshire 3rd Addition includes the construction of public sewer systems. Storm sewer will be constructed within the subdivision to collect and convey stormwater runoff generated from within the public right-of-way and lots to the public stormwater management basins located within Outlots A, B, and D. Development of Brookshire 3rd Addition includes the construction of private sewer systems. Storm sewer will be constructed within Driscoll Place and Block 4 to collect and convey stormwater runoff generated from within the private roadways and lots to the public stormwater management basin located within Outlot B. Draintile construction is required in areas of non-granular soils within Brookshire 3rd Addition for the street sub-cuts and lots. Any additional draintile construction, including perimeter draintile required for building footings, deemed necessary during construction by the City shall be the Developer’s responsibility to install and finance. The Storm Sewer Charge has not been collected on the parent parcels and is required with the final plat, calculated as follows: Storm Sewer Charge Summary Gross Area of Brookshire 3rd Addition 6,645,809.23 s.f. Less Area of Outlot A (Stormwater Management) (-) 95,737.14 s.f. Less Area of Outlot B (Stormwater Management) Less Area of Outlot D (Stormwater Management) Less Area of Outlot E (Future Development) Less Area of Outlot F (Future Development) Less Area of Outlot G (Future Development) Less Area of Block 4 (Multi-Family) Less Area of 179th Street Right-of-Way (-) 93,876.20 s.f. (-) 54,676.20 s.f. (-) 1,917,627.57 s.f. (-) 1,921,513.84 s.f. (-) 1,371,383.86 s.f. (-) 199,446.43 s.f. (-) 329,045.21 s.f. Total Storm Sewer Charge Area (Single-Family) = 662,502.78 s.f. 662,503 s.f. x $0.178/s.f. = $117,925.53 Net Area Brookshire 3rd Addition 2024 Unit Rate (Single-Family) Storm Sewer Charge Brookshire 3rd Addition 199,446 s.f. x $0.198/s.f. = $39,490.31 Net Area Brookshire 3rd Addition 2024 Unit Rate (Multi-Family) Storm Sewer Charge Brookshire 3rd Addition Page 186 of 532 BROOKSHIRE 3RD ADDITION – FINAL PLAT MAY 1, 2024 PAGE 7 OF 10 The Storm Sewer Charge for Outlots E, F and G will be collected with subsequent phases of the Brookshire preliminary plat at the time they are final platted into lots and blocks, at the rate in effect at the time of final plat approval. RESIDENTIAL BUFFER YARD REQUIREMENTS Dunwoody Drive (Future CSAH 9) is classified as a minor arterial roadway; therefore, buffer yard and screening requirements apply to Lot 9, Block 3 and Lots 31-36, Block 4. A buffer yard containing earth berms and/or plantings of sufficient density to provide a visual screen and reasonable buffer a minimum of ten feet in height is required. A certified as-built grading plan of the buffer yard berm must be submitted and approved by City staff prior to the installation of any buffer yard plantings. FEMA FLOODPLAIN ANALYSIS Brookshire 3rd Addition is shown on Flood Insurance Rate Map (Map No. 27037C0208E; Eff. Date 12/2/2011) primarily as Zone X by the Federal Emergency Management Agency (FEMA). Based on this designation, the lots within Brookshire 3rd Addition are not located within a Special Flood Hazard Area (SFHA), as determined by FEMA. North Creek crosses through the southwest corner of Brookshire 3rd Addition and is designated as Zone AE, and therefore within a Special Flood Hazard Area (SFHA). The area mapped as Zone AE will be placed in an outlot and deeded to the City at the time Outlots E and F are final platted into lots and blocks. WETLANDS A wetland delineation and replacement plan were completed with Brookshire preliminary plat. The Developer shall install Natural Area Signs along all property lines abutting outlots that have Wetlands, buffers, or stormwater basins. Final locations will be staked in the field and reviewed by City staff prior to installation. Natural Area Sign shall be installed prior to the issuance of building permits. TREE PRESERVATION The final plat is consistent with the approved Brookshire preliminary plat tree preservation plan. EROSION CONTROL The Developer is responsible for meeting all the requirements outlined in the MPCA Construction Permit for the site as well as following the SWPPP for the site. Any changes made throughout construction must be documented in the SWPPP. Page 187 of 532 BROOKSHIRE 3RD ADDITION – FINAL PLAT MAY 1, 2024 PAGE 8 OF 10 Redundant silt fence is required along all wetlands and waterways that do not have a 50-foot established buffer. Additional erosion control measures may be required during construction as deemed necessary by City staff. Any additional measures required shall be installed and maintained by the developer. The Developer is responsible for the establishment of native vegetation within Outlots A, B, and D along with three years of maintenance. This may include mowing, spot spraying and overseeding until the areas are established and approved by the City. The MS4 Administration Fee has not been collected on the parent parcels and is required with the final plat, calculated as follows: $799,904.36 x 2% Grading Costs = $15,998.09 Grading Cost Brookshire 3rd Addition 2024 Rate MS4 Administration Fee Brookshire 3rd Addition SECURITIES The Developer shall provide a Letter of Credit as security for the Developer-installed improvements relating to Brookshire 3rd Addition. Construction costs are based upon estimates submitted by the Developer’s engineer on March 28, 2024. CONSTRUCTION COSTS Sanitary Sewer $ 660,527.29 Watermain 699,058.29 Storm Sewer 1,372,510.35 Streets 706,604.22 Grading, Drainage, Erosion Control and Restoration 276,748.73 SUBTOTAL - CONSTRUCTION COSTS $ 3,715,448.88 OTHER COSTS Developer’s Design (3.0%) $ 111,463.47 Developer’s Construction Survey (2.5%) 92,886.22 City’s Legal Expense (0.5%) 18,577.24 City Construction Observation (5.0%) 185,772.44 Developer’s Record Drawing (0.5%) 18,577.24 Eagleview Drive Temporary Cul-De-Sac Removal 2,500.00 Native Seeding in Outlots A, B and D 25,000.00 Natural Area Signs 1,500.00 Landscaping 82,577.15 Streetlights 20,800.00 Lot Corners/Iron Monuments 10,200.00 SUBTOTAL - OTHER COSTS $ 569,853.76 TOTAL PROJECT SECURITY $ 4,285,302.64 Page 188 of 532 BROOKSHIRE 3RD ADDITION – FINAL PLAT MAY 1, 2024 PAGE 9 OF 10 The street light security totals $20,800 which consists of two (2) mast-arm streetlights at $1,400 each and fifteen (15) post-top streetlights at $1,200 each. The Developer shall post a security to ensure the final placement of iron monuments at property corners with the final plat. The security is $100.00 per lot and outlot for a total of $10,200.00. The City shall hold this security until the Developer’s Land Surveyor certifies that all irons have been placed following site grading, street, and utility construction. CASH FEES A cash fee of $5,925.00 for traffic control signs shall be paid with the final plat. If street signs are installed during frost conditions, the Developer shall pay an additional $150.00 for each traffic control sign location. A cash fee for one-year of streetlight operating expenses shall be paid with the final plat and is calculated as follows: 94 units x $40.48/unit = $3,805.12 Total Units Brookshire 3rd Addition 2024 Rate Streetlight Operating Fee Brookshire 3rd Addition A cash fee for one-year of environmental resources management expenses shall be paid with the final plat and is calculated as follows: 58 units x $59.16/unit = $3,431.28 Total Units Brookshire 3rd Addition 2024 Rate Environmental Resources Fee Brookshire 3rd Addition 36 units x $59.16/unit x 0.50 = $1,064.88 Total Units Brookshire 3rd Addition 2024 Rate Utility Factor Environmental Resources Fee Brookshire 3rd Addition A cash fee for the preparation of addressing, property data, and City base map updating shall be paid with the final plat and is calculated as follows: 102 lots/outlots x $90.00/unit = $9,180.00 Lots/Outlots Brookshire 3rd Addition 2024 Rate Property Data & Asset/Infrastructure Mgmt. Fee Brookshire 3rd Addition The Developer shall submit the final plat and construction drawings in an electronic format. The electronic format shall be in either .dwg (AutoCAD) or .dxf format. The Developer shall also pay a cash fee for City Engineering Administration. The fee for City Engineering Administration will be based on three percent (3.00%) of the estimated construction cost, or $111,463.47. Page 189 of 532 BROOKSHIRE 3RD ADDITION – FINAL PLAT MAY 1, 2024 PAGE 10 OF 10 CASH REQUIREMENTS Park Dedication $ 476,336.00 Sanitary Sewer Availability Charge 30,738.00 Storm Sewer Charge Traffic Control Signs 157,415.84 5,925.00 Streetlight Operating Fee 3,805.12 Environmental Resources Management Fee 4,496.68 MS4 Administration Fee 15,998.09 Property Data and Asset/Infrastructure Management Fee 9,180.00 City Engineering Administration (3.00%) 111,463.47 TOTAL CASH REQUIREMENTS $ 815,358.20 RECOMMENDATION Engineering recommends approval of the final plat, grading and erosion control plan, tree preservation, and utility plan for Brookshire 3rd Addition, subject to the requirements and stipulations within this report. Page 190 of 532 Date: 6/17/2024 Ritter Meadows Amendment to Development Contract Proposed Action Staff recommends adoption of the following motion: Move to approve a resolution approving a First Amendment to the Ritter Meadows Development Contract. Overview TCLD LF3, LLC (Twin Cities Land Development) has requested minor revisions to the Ritter Meadows Development Contract to clarify Developer responsibilities for the installation of public sanitary sewer and payment of special assessments related to the installation of public improvements and to clarify security requirements in relation to Developer completion of all required public improvements and remedies available to the City in regard to the occurrence of Developer’s default pursuant to the Development Contract. The City Council approved the final plat and development contract at their May 20, 2024 meeting. Staff supports the proposed amendment to the development contract. Supporting Information 1. First Amendment Resolution 2. Signed First Amendment to Development Contract Financial Impact: $0 Budgeted: No Source: Envision Lakeville Community Values: A Home for All Ages and Stages of Life Report Completed by: Kris Jenson, Planning Manager Page 191 of 532 1 231331v1 CITY OF LAKEVILLE RESOLUTION NO. 24-___ RESOLUTION APPROVING A FIRST AMENDMENT TO THE RITTER MEADOWS DEVELOPMENT CONTRACT WHEREAS, the City Council approved a final plat and Development Contract for the Ritter Meadows development on May 20, 2024 by City of Lakeville Resolution No. 24-_____; WHEREAS, TCLD LF3 RITTER, LLC (“Developer”) has requested some minor revisions to the Ritter Meadows Development Contract and staff recommends approval of certain revisions requested by Developer as provided in the First Amendment to Development Contract attached hereto (“First Amendment”). NOW, THEREFORE, BE IT RESOLVED by the City Council of Lakeville, Minnesota as follows: 1. The First Amendment is hereby approved; and 2. The Mayor and City Clerk are hereby authorized to sign the First Amendment. ADOPTED by the Lakeville City Council this ___ day of _________, 2024. ______________________________ Luke M. Hellier ____________________________ Ann Orlofsky, City Clerk Page 192 of 532 1 231326v1 (reserved for recording information) FIRST AMENDMENT TO DEVELOPMENT CONTRACT RITTER MEADOWS THIS FIRST AMENDMENT TO DEVELOPMENT CONTRACT (“Amendment”) is made this 17th day of June, 2024, by and between the CITY OF LAKEVILLE, a Minnesota municipal corporation (“City”) and TCLD LF3 RITTER, LLC, a Minnesota limited liability company (the “Developer”). RECITALS A. The City and TCLD LF3 RITTER, LLC, a Minnesota limited liability company, (“TCLD”) previously entered into a Development Contract (“Original Development Contract”). Dated May 20, 2024 for the property legally described on Exhibit “A” attached hereto and made a part hereof, to be platted as Ritter Meadows (“Property”); B. The City and Developer desire to amend the Development Contract to clarify Developer responsibilities for the installation of public sanitary sewer within the subdivision. Page 193 of 532 2 231326v1 C. The City and Developer desire to clarify Developer responsibilities for payment of special assessments related to the installation of public improvements pursuant to the Development Contract. D. The City and Developer desire to clarify security requirements in relation to Developer completion of all required public improvements pursuant to the Development Contract. E. The City and Developer desire to clarify remedies available to the City in regard to the occurrence of Developer’s default pursuant to the Development Contract. NOW, THEREFORE, THE PARTIES AGREE AS FOLLOWS: 1. EFFECT OF DEVELOPMENT CONTRACT. The Development Contract shall remain in full force and effect except as specifically amended herein. 2. AMENDMENT TO PARAGRAPH 20. Paragraph 20 of the Development Contract is amended to read as follows: 20. SANITARY SEWER. The Developer shall construct and extend public sanitary sewer within the subdivision from an existing stub located within 205th Street, at the southeast corner of Outlot H, including all stubs from Keokuk Avenue to serve Outlot H. The Developer shall receive a credit from the City in the amount of $140,938.56 to be applied to the Ritter Meadows cash requirements for sanitary sewer improvements oversized to serve future development. The Sanitary Sewer Availability Charge has not been collected on the parent parcels and shall be paid by the Developer with the final plat. The fee is based on the rate in effect at the time of final plat approval, calculated as follows: 99 units x $327.00 = $32,373.00 Total Units Ritter Meadows 2024 Unit Rate Sanitary Sewer Availability Charge Ritter Meadows The Sanitary Sewer Availability Charge for Outlots D, E, and F will be collected with subsequent phases of the Ritter Meadows preliminary plat at the time they are final platted into lots and blocks, at the rate in effect at the time of final plat approval. Page 194 of 532 3 231326v1 3. AMENDMENT TO PARAGRAPH 22. Paragraph 22 of the Development Contract is amended to read as follows: 22. ASSESSMENTS. Parent parcel PID No. 22-02500-28-010 was previously assessed for lateral sanitary sewer and watermain installed with City Project 88-9. The Developer shall pay the remaining balance of the assessment, $8,255.88, with the final plat. Parent parcel PID No. 22-02500-29-010 was previously assessed for lateral sanitary sewer and watermain installed with City Project 88-9. The Developer shall pay the remaining balance of the assessment, $4,046.92, with the final plat. Parent parcel PID No. 22-02600-04-010 was previously assessed for lateral sanitary sewer and watermain installed with City Project 88-9. The assessment is paid in full. No cost of any improvements covered by this Development Agreement shall be assessed against Outlot H. 4. AMENDMENT TO PARAGRAPH 38. Paragraph 38 of the Development Contract is amended to read as follows: 38. SUMMARY OF SECURITY REQUIREMENTS. To guarantee compliance with the terms of this Contract, payment of real estate taxes including interest and penalties, payment of special assessments, payment of the costs of all public improvements, and construction of all public improvements, the Developer shall furnish the City with a cash escrow, or letter of credit, in the form attached hereto, from a bank ("security") for $3,148,221.68. The amount of the security was calculated as follows: CONSTRUCTION COSTS: A. Sanitary Sewer $554,195.61 B. Watermain 255,892.27 C. Storm Sewer 450,232.93 D. Streets 788,953.28 E. 205th Street Turn Lanes 146,133.80 F. Grading, Erosion Control and Vegetation Establishment 501,525.45 CONSTRUCTION SUB-TOTAL $2,696,933.34 Page 195 of 532 4 231326v1 OTHER COSTS: A. Developer’s Design (3.0%) $80,908.00 B. Developer’s Construction Survey (2.5%) 67,423.33 C. City Legal Expenses (Est. 0.5%) 13,484.67 D. City Construction Observation (Est. 5.0%) 134,846.67 E. Developer’s Record Drawings (0.5%) 13,484.67 F. Removal of Existing Structures, Driveways, Fences 50,000.00 Septic Systems and Wells G. Temporary Cul-De-Sac Removal/Restoration 5,000.00 H. Undergrounding of Overhead Facilities 26,266.00 I. Landscaping 26,175.00 J. Street Lights 22,400.00 K. Lot Corners/Iron Monuments 11,300.00 OTHER COSTS SUB-TOTAL $451,288.34 TOTAL SECURITIES: $3,148,221.68 This breakdown is for historical reference; it is not a restriction on the use of the security. The bank shall be subject to the approval of the City Administrator. The City may draw down the security, on five (5) business days written notice to the Developer, for any violation of the terms of this Contract or without notice if the security is allowed to lapse prior to the end of the required term. If the required public improvements are not completed at least thirty (30) days prior to the expiration of the security, except as otherwise provided herein, the City may also draw it down without notice. If the security is drawn down, the proceeds shall be used to cure the default. Upon receipt of proof satisfactory to the City that work has been completed and financial obligations to the City have been satisfied, with City approval the security may be reduced from time to time by ninety percent (90%) of the financial obligations that have been satisfied. Ten percent (10%) of the amounts certified by the Developer's engineer shall be retained as security until all improvements have been completed, all financial obligations to the City satisfied, the required "as constructed" plans have been received by the City, a warranty security is provided, and the public improvements are accepted by the City Page 196 of 532 5 231326v1 Council. The City’s standard specifications for utility and street construction outline procedures for security reductions. 5. AMENDMENT TO PARAGRAPH 42. Paragraph 42 of the Development Contract is amended to read as follows: 42. DEVELOPER’S DEFAULT. In the event of default by the Developer as to any of the work to be performed by it hereunder, the City may, at its option, perform the work and the Developer shall promptly reimburse the City for any expense incurred by the City, provided the Developer, except in an emergency as determined by the City, is first given notice of the work in default, not less than forty-eight (48) hours in advance. This Contract is a license for the City to act, and it shall not be necessary for the City to seek a Court order for permission to enter the land. When the City does any such work, the City may, in addition to its other remedies, assess the cost in whole or in part against the land within the Plat of Ritter Meadows, except Outlot H. IN WITNESS WHEREOF, the parties have caused this Amendment to be executed on or as of the date first above written. [Remainder of page is intentionally left blank. Signature pages follow. Page 197 of 532 6 231326v1 CITY OF LAKEVILLE BY: ___________________________________________ Luke M. Hellier, Mayor (SEAL) AND __________________________________________ Ann Orlofsky, City Clerk STATE OF MINNESOTA ) )ss. COUNTY OF DAKOTA ) The foregoing instrument was acknowledged before me this ________ day of ______________, 2024, by Luke M. Hellier and by Ann Orlofsky, the Mayor and City Clerk of the City of Lakeville, a Minnesota municipal corporation, on behalf of the corporation and pursuant to the authority granted by its City Council. ______________________________________________ NOTARY PUBLIC Page 198 of 532 Page 199 of 532 8 231326v1 FEE OWNER CONSENT TO FIRST AMENDMENT TO DEVELOPMENT CONTRACT DPS-LAKEVILLE LLC, a Minnesota limited liability company, fee owner of all or part of the subject property, the development of which is governed by the foregoing Development Contract, affirms and consents to the provisions thereof and agrees to be bound by the provisions as the same may apply to that portion of the subject property owned by it. Dated this _____ day of ____________, 2024. DPS-LAKEVILLE LLC By: __________________________ [print name] Its: _______________________ [title] STATE OF MINNESOTA ) )ss. COUNTY OF __________ ) The foregoing instrument was acknowledged before me this _____ day of _____________, 2024, by _________________________, the _________________________ of DPS -LAKEVILLE LLC, a Minnesota limited liability company, on behalf of said entity. ________________________________________ NOTARY PUBLIC DRAFTED BY: CAMPBELL KNUTSON Professional Association Grand Oak Office Center I 860 Blue Gentian Road, Suite 290 Eagan, Minnesota 55121 651-452-5000 DSK/smt Page 200 of 532 9 231326v1 FEE OWNER CONSENT TO FIRST AMENDMENT TO DEVELOPMENT CONTRACT DALE PROPERTY DUNHAM, LLC, a Minnesota limited liability company, fee owner of all or part of the subject property, the development of which is governed by the foregoing Development Contract, affirms and consents to the provisions thereof and agrees to be bound by the provisions as the same may apply to that portion of the subject property owned by it. Dated this _____ day of ____________, 2024. DALE PROPERTY DUNHAM, LLC By: __________________________ [print name] Its: _______________________ [title] STATE OF MINNESOTA ) )ss. COUNTY OF __________ ) The foregoing instrument was acknowledged before me this _____ day of _____________, 2024, by _________________________, the _________________________ of DALE PROPERTY DUNHAM, LLC, a Minnesota limited liability company, on behalf of said entity. ________________________________________ NOTARY PUBLIC DRAFTED BY: CAMPBELL KNUTSON Professional Association Grand Oak Office Center I 860 Blue Gentian Road, Suite 290 Eagan, Minnesota 55121 651-452-5000 DSK/smt Page 201 of 532 10 231326v1 MORTGAGE HOLDER CONSENT TO FIRST AMENDMENT TO DEVELOPMENT CONTRACT PREMIER BANK, a Minnesota corporation, which holds a Mortgage, Security Agreement, Fixture Financing Statement and Assignment of Leases and Rents, dated January 8, 2024, filed January 16, 2024, with the office of the County Recorder, Dakota County, Minnesota, as Document No. A3615994 between TCLD LF3 Ritter, LLC, a Minnesota limited liability company, and Premier Bank, a Minnesota corporation, in the original principal amount of $11,400,000.00, the development of which is governed by the foregoing Development Contract, agrees that the Development Contract shall remain in full force and effect even if it forecloses on its mortgage. Dated this _____ day of ____________, 2024. PREMIER BANK By: _________________________ [print name] Its _____________________ [title] STATE OF MINNESOTA ) )ss. COUNTY OF ____________ ) The foregoing instrument was acknowledged before me this _____ day of ________________, 2024, by ___________________________, the _________________________________ of Premier Bank, a Minnesota corporation, on behalf of said entity. ________________________________________ NOTARY PUBLIC DRAFTED BY: CAMPBELL KNUTSON Professional Association Grand Oak Office Center I 860 Blue Gentian Road, Suite 290 Eagan, Minnesota 55121 651-452-5000AMP/smt Page 202 of 532 11 231326v1 EXHIBIT “A” TO FIRST AMENDMENT TO DEVELOPMENT CONTRACT Legal Description of Property Being Final Platted as RITTER MEADOWS, Dakota County, Minnesota. Those parts of the following three existing parcels described below that lie westerly of a line hereinafter described as “Line 1”: The East Half of the Northeast Quarter of Section 26, Township 114, Range 21, Dakota County, Minnesota, except (I) the south 396.00 feet of the east 264.00 feet thereof, both distances as measured at right angles, and (II) that part of the Northeast Quarter of the Northeast Quarter of Section 26, Township 114, Range 21, Dakota County, Minnesota described as follows: Commencing at the northeast corner of said Section 26; thence southerly along the east line of said Northeast Quarter of the Northeast Quarter a distance of 216.81 feet to the point of beginning of the land to be described; thence westerly, deflecting to the right 90 degrees 00 minutes 00 seconds, a distance of 400.00 feet; thence southerly, deflecting to the left 90 degrees 00 minutes 00 seconds, a distance of 590.00 feet; thence easterly, deflecting to the left 90 degrees 00 minutes 00 seconds, a distance of 400.00 feet to said east line of the Northeast Quarter of the Northeast Quarter; thence northerly along said east line of the Northeast Quarter of the Northeast Quarter a distance of 590.00 feet to the point of beginning. That part of the Northeast Quarter of the Northeast Quarter of Section 26, Township 114, Range 21, Dakota County, Minnesota described as follows: Commencing at the northeast corner of said Section 26; thence southerly along the east line of said Northeast Quarter of the Northeast Quarter a distance of 216.81 feet to the point of beginning of the land to be described; thence westerly, deflecting to the right 90 degrees 00 minutes 00 seconds, a distance of 400.00 feet; thence southerly, deflecting to the left 90 degrees 00 minutes 00 seconds, a distance of 590.00 feet; thence easterly, deflecting to the left 90 degrees 00 minutes 00 seconds, a distance of 400.00 feet to said east line of the Northeast Quarter of the Northeast Quarter; thence northerly along said east line of the Northeast Quarter of the Northeast Quarter a distance of 590.00 feet to the point of beginning. All that part of Section 26, Township 114, Range 21 West, Dakota County, Minnesota, hereinafter described as follows: Commencing at the southeast corner of the Northeast Quarter of said Section, Township, Range; thence north along the east line of said Northeast Quarter a distance of 24 rods; thence west parallel to the south line of said Northeast Quarter a distance of 16 rods; thence south parallel with the east line of said Northeast Quarter a distance of 24 rods; thence east along the south line of said Northeast Quarter a distance of 16 rods to the place of beginning. “Line 1” is described as follows: Commencing at the northeast corner of said Section 26; thence westerly along the north line of said East Half of the Northeast Quarter of Section 26, a distance of 262.10 feet to the point of beginning of said “Line 1”; thence southerly, deflecting to the left 89 degrees 57 minutes 29 seconds, a distance of 548.87 feet; thence southerly 319.36 feet along a tangential curve concave to the east, having a radius of 580.00 feet and a central angle of 31 degrees 32 minutes 53 seconds; thence southerly 1109.39 feet along a reverse curve concave to the west, having a radius 1000.00 feet and a central angle of 63 degrees 33 minutes 48 Page 203 of 532 12 231326v1 seconds; thence southerly 324.09 feet along a reverse curve concave to the east, having a radius of 580.00 feet and a central angle of 32 degrees 00 minutes 55 seconds; thence southerly, tangent to last described curve, a distance of 424.27 feet to the south line of said East Half of the Northeast Quarter of Section 26, and said “Line 1” there terminating. TOGETHER WITH temporary nonexclusive easements for access, grading, staging, construction and other related purposes contained in Temporary Construction Easement Agreement dated January 8, 2024, filed January 16, 2024 as Document Number 3615993. Those parts of the following three existing parcels described below that lie easterly of a line hereinafter described as "Line 1", westerly of a line lying 80.00 easterly of, as measured perpendicular to, said "Line 1": The East Half of the Northeast Quarter of Section 26, Township 114, Range 21, Dakota County, Minnesota, except (I) the south 396.00 feet of the east 264.00 feet thereof, both distances as measured at right angles, and (II) that part of the Northeast Quarter of the Northeast Quarter of Section 26, Township 114, Range 21, Dakota County, Minnesota described as follows: Commencing at the northeast corner of said Section 26; thence southerly along the east line of said Northeast Quarter of the Northeast Quarter a distance of 216.81 feet to the point of beginning of the land to be described; thence westerly, deflecting to the right 90 degrees 00 minutes 00 seconds, a distance of 400.00 feet; thence southerly, deflecting to the left 90 degrees 00 minutes 00 seconds, a distance of 590.00 feet; thence easterly, deflecting to the left 90 degrees 00 minutes 00 seconds, a distance of 400.00 feet to said east line of the Northeast Quarter of the Northeast Quarter; thence northerly along said east line of the Northeast Quarter of the Northeast Quarter a distance of 590.00 feet to the point of beginning. That part of the Northeast Quarter of the Northeast Quarter of Section 26, Township 114, Range 21, Dakota County, Minnesota described as follows: Commencing at the northeast corner of said Section 26; thence southerly along the east line of said Northeast Quarter of the Northeast Quarter a distance of 216.81 feet to the point of beginning of the land to be described; thence westerly, deflecting to the right 90 degrees 00 minutes 00 seconds, a distance of 400.00 feet; thence southerly, deflecting to the left 90 degrees 00 minutes 00 seconds, a distance of 590.00 feet; thence easterly, deflecting to the left 90 degrees 00 minutes 00 seconds, a distance of 400.00 feet to said east line of the Northeast Quarter of the Northeast Quarter; thence northerly along said east line of the Northeast Quarter of the Northeast Quarter a distance of 590.00 feet to the point of beginning. That part of the Northwest Quarter of the Northwest Quarter of Section 25, Township 114, Range 21, Dakota County, Minnesota, lying westerly of the westerly right-of-way line of Interstate Hwy. No. 35, and as the same is now laid out and traveled. That part of the Southwest Quarter of the Northwest Quarter and of the Northwest Quarter of the Southwest Quarter, both in Section 25, Township 114, Range 21, Dakota County, Minnesota, lying westerly of the westerly right-of-way line of Interstate Hwy. No. 35, as the same is now laid out and traveled, and lying northerly of the following described line: Commencing at the northwest corner of said Northwest Quarter of the Southwest Quarter; thence south 0 degrees 00 minutes 48 seconds west, assumed bearing, along the west line of said Northwest Quarter of the Southwest Quarter, a distance of 22.65 feet to the point of beginning of the line to be described, to the centerline of County State Aid Highway No. 64, as the same is now laid out and traveled; thence easterly along said centerline and along a nontangential curve concave to the north, having a radius of 5729.58 feet and a central angle of 2 degrees 41 minutes 32 seconds, a distance of 269.21 feet, a chord of said curve Page 204 of 532 13 231326v1 bears north 85 degrees 47 minutes 28 seconds east; thence north 84 degrees 26 minutes 42 seconds east tangent to said curve and continuing along said centerline a distance of 243.64 feet; thence north 0 degrees 52 minutes 26 seconds east, a distance of 33.21 feet to a line distant 33.00 feet northerly of, as measured at a right angle to and parallel with, the centerline of said County State Aid Highway No. 64; thence north 84 degrees 26 minutes 42 seconds east along said parallel line a distance of 257.61 feet to the westerly right- of-way line of said Interstate Hwy. No. 35 and said line there terminating. “Line 1” is described as follows: Commencing at the northeast corner of said Section 26; thence westerly along the north line of said East Half of the Northeast Quarter of Section 26, a distance of 262.10 feet to the point of beginning of said “Line 1”; thence southerly, deflecting to the left 89 degrees 57 minutes 29 seconds, a distance of 548.87 feet; thence southerly 319.36 feet along a tangential curve concave to the east, having a radius of 580.00 feet and a central angle of 31 degrees 32 minutes 53 seconds; thence southerly 1109.39 feet along a reverse curve concave to the west, having a radius 1000.00 feet and a central angle of 63 degrees 33 minutes 48 seconds; thence southerly 324.09 feet along a reverse curve concave to the east, having a radius of 580.00 feet and a central angle of 32 degrees 00 minutes 55 seconds; thence southerly, tangent to last described curve, a distance of 424.27 feet to the south line of said East Half of the Northeast Quarter of Section 26, and said “Line 1” there terminating. That part of the following described parcel that lies easterly of a line hereinafter described as "Line 1" and westerly of a line lying 80.00 easterly of, as measured perpendicular to, said "Line 1": That part of Section 26, Township 114, Range 21 West, Dakota County, Minnesota, hereinafter described as follows: Beginning at the Southeast corner of the Northeast Quarter of said Section, Township, Range; thence North along the East line of said Northeast Quarter a distance of 24 rods; thence West parallel to the South line of said Northeast Quarter a distance of 16 rods; thence South parallel with the East line of said Northeast Quarter a distance of 24 rods; thence East along the South line of said Northeast Quarter a distance of 16 rods to the place of beginning. “Line 1” is described as follows: Commencing at the northeast corner of said Section 26; thence westerly along the north line of said East Half of the Northeast Quarter of Section 26, a distance of 262.10 feet to the point of beginning of said “Line 1”; thence southerly, deflecting to the left 89 degrees 57 minutes 29 seconds, a distance of 548.87 feet; thence southerly 319.36 feet along a tangential curve concave to the east, having a radius of 580.00 feet and a central angle of 31 degrees 32 minutes 53 seconds; thence southerly 1109.39 feet along a reverse curve concave to the west, having a radius 1000.00 feet and a central angle of 63 degrees 33 minutes 48 seconds; thence southerly 324.09 feet along a reverse curve concave to the east, having a radius of 580.00 feet and a central angle of 32 degrees 00 minutes 55 seconds; thence southerly, tangent to last described curve, a distance of 424.27 feet to the south line of said East Half of the Northeast Quarter of Section 26, and said “Line 1” there terminating. Those parts of the following three existing parcels described below that lie easterly of a line that lies 80.00 feet easterly of, as measured perpendicular to, a line hereinafter described as "Line 1": The East half of the Northeast Quarter of Section 26, Township 114, Range 21, Dakota County, Minnesota, except (I) the South 396.00 feet of the East 264.00 feet thereof, both distances as measured at right angles, Page 205 of 532 14 231326v1 and (II) that part of the Northeast Quarter of the Northeast Quarter of Section 26, Township 114, Range 21, Dakota County, Minnesota described as follows: Commencing at the Northeast corner of said Section 26; thence Southerly along the East line of said Northeast Quarter of the Northeast Quarter a distance of 216.81 feet to the point of beginning of the land to be described; thence Westerly, deflecting to the right 90 degrees 00 minutes 00 seconds, a distance of 400.00 feet; thence Southerly, deflecting to the left 90 degrees 00 minutes 00 seconds, a distance of 590.00 feet; thence Easterly, deflecting to the left 90 degrees 00 minutes 00 seconds, a distance of 400.00 feet to said East line of the Northeast Quarter of the Northeast Quarter; thence Northerly along said East line of the Northeast Quarter of the Northeast Quarter a distance of 590.00 feet to the point of beginning. That part of the Northeast Quarter of the Northeast Quarter of Section 26, Township 114, Range 21, Dakota County, Minnesota described as follows: Commencing at the Northeast corner of said Section 26; thence Southerly along the East line of said Northeast Quarter of the Northeast Quarter a distance of 216.81 feet to the point of beginning of the land to be described; thence Westerly, deflecting to the right 90 degrees 00 minutes 00 seconds, a distance of 400.00 feet; thence Southerly, deflecting to the left 90 degrees 00 minutes 00 seconds, a distance of 590.00 feet; thence Easterly, deflecting to the left 90 degrees 00 minutes 00 seconds, a distance of 400.00 feet to said East line of the Northeast Quarter of the Northeast Quarter; thence Northerly along said East line of the Northeast Quarter of the Northeast Quarter a distance of 590.00 feet to the point of beginning. That part of the Northwest Quarter of the Northwest Quarter of Section 25, Township 114, Range 21, Dakota County, Minnesota, lying Westerly of the Westerly right-of-way line of Interstate Hwy. No. 35, and as the same is now laid out and traveled. That part of the Southwest Quarter of the Northwest Quarter and of the Northwest Quarter of the Southwest Quarter, both in Section 25, Township 114, Range 21, Dakota County, Minnesota, lying Westerly of the Westerly right-of-way line of Interstate Hwy. No. 35, as the same is now laid out and traveled, and lying Northerly of the following described line: Commencing at the Northwest corner of said Northwest Quarter of the Southwest Quarter; thence South 0 degrees 00 minutes 48 seconds West, assumed bearing, along the West line of said Northwest Quarter of the Southwest Quarter, a distance of 22.65 feet to the point of beginning of the line to be described, to the centerline of County State Aid Highway No. 64, as the same is now laid out and traveled; thence Easterly along said centerline and along a nontangential curve concave to the North, having a radius of 5729.58 feet and a central angle of 2 degrees 41 minutes 32 seconds, a distance of 269.21 feet, a chord of said curve bears North 85 degrees 47 minutes 28 seconds East; thence North 84 degrees 26 minutes 42 seconds East tangent to said curve and continuing along said centerline a distance of 243.64 feet; thence North 0 degrees 52 minutes 26 seconds East, a distance of 33.21 feet to a line distant 33.00 feet Northerly of, as measured at a right angle to and parallel with, the centerline of said County State Aid Highway No. 64; thence North 84 degrees 26 minutes 42 seconds East along said parallel line a distance of 257.61 feet to the Westerly right- of-way line of said Interstate Hwy. No. 35 and said line there terminating. “Line 1” is described as follows: Commencing at the northeast corner of said Section 26; thence westerly along the north line of said East Half of the Northeast Quarter of Section 26, a distance of 262.10 feet to the point of beginning of said “Line 1”; thence southerly, deflecting to the left 89 degrees 57 minutes 29 seconds, a distance of 548.87 feet; thence southerly 319.36 feet along a tangential curve concave to the east, having a radius of 580.00 feet and a central angle of 31degrees 32 minutes 53 seconds; thence southerly 1109.39 feet along a reverse Page 206 of 532 15 231326v1 curve concave to the west, having a radius 1000.00 feet and a central angle of 63 degrees 33 minutes 48 seconds; thence southerly 324.09 feet along a reverse curve concave to the east, having a radius of 580.00 feet and a central angle of 32 degrees 00 minutes 55 seconds; thence southerly, tangent to last described curve, a distance of 424.27 feet to the south line of said East Half of the Northeast Quarter of Section 26, and said “Line 1” there terminating. That part of the existing parcel described below that lies easterly of a line that lies 80.00 easterly of, as measured perpendicular to, a line hereinafter described as "Line 1": That part of Section 26, Township 114, Range 21 West, Dakota County, Minnesota, hereinafter described as follows: Beginning at the Southeast corner of the Northeast Quarter of said Section, Township, Range; thence North along the East line of said Northeast Quarter a distance of 24 rods; thence West parallel to the South line of said Northeast Quarter a distance of 16 rods; thence South parallel with the East line of said Northeast Quarter a distance of 24 rods; thence East along the South line of said Northeast Quarter a distance of 16 rods to the place of beginning. “Line 1” is described as follows: Commencing at the northeast corner of said Section 26; thence westerly along the north line of said East Half of the Northeast Quarter of Section 26, a distance of 262.10 feet to the point of beginning of said “Line 1”; thence southerly, deflecting to the left 89 degrees 57 minutes 29 seconds, a distance of 548.87 feet; thence southerly 319.36 feet along a tangential curve concave to the east, having a radius of 580.00 feet and a central angle of 31 degrees 32 minutes 53 seconds; thence southerly 1109.39 feet along a reverse curve concave to the west, having a radius 1000.00 feet and a central angle of 63 degrees 33 minutes 48 seconds; thence southerly 324.09 feet along a reverse curve concave to the east, having a radius of 580.00 feet and a central angle of 32 degrees 00 minutes 55 seconds; thence southerly, tangent to last described curve, a distance of 424.27 feet to the south line of said East Half of the Northeast Quarter of Section 26, and said “Line 1” there terminating. (Abstract Property) [to be platted as Ritter Meadows, Dakota County, Minnesota.] Page 207 of 532 Date: 6/17/2024 Kenyon Green Preliminary Plat Proposed Action Staff recommends adoption of the following motion: Move to approve: 1) a resolution approving the Kenyon Green preliminary plat, and 2) a ordinance rezoning the property from O- R, Office/Residential Transition District to PUD Planned Unit Development. Overview Ron Clark Construction has applied for a preliminary plat, zoning map amendment rezoning the property to PUD, Planned Unit Development District, and PUD Development Stage Plan to allow the development of a 49-unit workforce rental apartment building and 15 units of attached market rate rental townhome dwelling units on 6.49 acres to be known as Kenyon Green. The Kenyon Green preliminary plat is bound by two arterial roadways and is located west of Interstate 35, north of 185th Street (CSAH 60), and south of Kenyon Avenue. The Kenyon Green preliminary plat area is zoned O-R, Office/Residential District. Multiple- Family dwellings are allowed in the O-R District subject to the requirements of the RH-1, Multiple Family Residential District. The proposed PUD flexibilities will allow the project to include a mix of townhomes and the apartment building on the 6.49 acre parcel. The subject property poses unique challenges due to the shape, natural environment protection areas (wetland), double fronted property characteristics abutting a major collector and arterial roadways, and limitations on site access due to the curve of Kenyon Avenue. The physical and environmental characteristics of the property result in the development necessitating additional flexibility of development zoning regulations offered by a PUD with the underlying zoning of the O-R District. Since the Planning Commission meeting, a plan review letter was received from MnDOT with no objections to the proposed development. We also received confirmation that the side yard abutting I-35 is not MnDOT right-of-way, therefore the east side yard buffer setback deviation is no longer required. The requested flexibilities include: 1. Townhome rear yard setbacks to Kenyon Avenue of 33 feet (50-foot buffer setback required). 2. Townhome building garage setback to private drive of 25 feet (30 feet required) resulting in a driveway length of 25 feet. 3. Townhome wetland buffer/perimeter setback of 20 feet and townhome guest parking setback of zero (0) feet to the east interior property line. 4. Rear yard apartment building setback to 185th Street of 40.5-42 feet (50-foot buffer setback required). 5. Apartment building height of 45 feet (42 feet maximum). Page 208 of 532 All other required setbacks, parking requirements and design requirements are in compliance with Zoning Ordinance requirements. The Planning Commission held a public hearing on the preliminary plat, rezoning and PUD development stage plan at their June 6, 2024 meeting and recommended approval following a 4- 2 vote. Two commissioners voted nay due to the requested deviations outlined in the proposed PUD. There was public comment from one neighboring property owner who lives on the south side of 185th Street. The comment and questions raised at the public hearing were addressed by City staff. The Parks, Recreation and Natural Resources Committee unanimously recommended approval of the Kenyon Green preliminary plat at their June 3, 2024 meeting. The developer submitted a revised preliminary plat and landscape plan following the Planning Commission meeting to address stipulation seven of the planning report requiring the common area Outlot A to be amended as Lot 2 and stipulation six requiring an increase in buffer yard perimeter landscaping. The planning report provides greater detail as rational for the requested zoning deviations. Supporting Information 1. Preliminary Plat Resolution 2. Zoning Map Amendment/PUD Ordinance 3. Findings of Fact 4. Revised Preliminary Plat 5. Revised Landscape Plan 6. June 6, 2024 Draft Planning Commission Minutes 7. June 5, 2024 Draft PRNRC Minutes 8. Planning Report 9. Location Map and Preliminary Plat 10. Civil Development Plans 11. Apartment Plans 12. Application Narrative 13. Engineering Report Financial Impact: $0 Budgeted: No Source: Envision Lakeville Community Values: A Home for All Ages and Stages of Life Report Completed by: Frank Dempsey, AICP, Associate Planner Page 209 of 532 CITY OF LAKEVILLE DAKOTA COUNTY, MINNESOTA RESOLUTION NO. 24-____ RESOLUTION APPROVING THE PRELIMINARY PLAT OF KENYON GREEN WHEREAS, the Ron Clark Construction has requested approval of the preliminary plat of 15 townhome lots, one townhome common area lot, and one apartment lot to be known as Kenyon Green, legally described in Exhibit A; and WHEREAS, the Planning Commission held a public hearing at its June 6, 2024 meeting, preceded by notice as required by the Subdivision Ordinance; and WHEREAS, the Planning Commission recommended approval of the preliminary plat; and WHEREAS, the preliminary plat meets Subdivision Ordinance requirements and is acceptable to the City; NOW, THEREFORE, BE IT RESOLVED by the Lakeville City Council: The Kenyon Green preliminary plat is hereby approved subject to the following conditions: 1. Implementation of the recommendations listed in the May 22, 2024 engineering report. 2. Park dedication shall be satisfied with a cash contribution paid at the time of final plat approval. 3. The developer shall construct a pedestrian path between the Kenyon Green development and 185th Street (CSAH 60) 4. Outlot A shall be deeded to the City with the final plat. 5. A homeowner's association and maintenance covenants shall be established for ownership and maintenance of the common area townhome lots. 6. Attached townhomes must meet the exterior materials requirements of the Zoning Ordinance. 7. The developer shall submit dimensioned floor plans for the attached townhome units to verify compliance with the minimum requirements for above grade floor area established by the Zoning Ordinance. 8. Each attached townhome unit shall include an attached garage meeting the minimum width and area requirements of the Zoning Ordinance. ADOPTED by the Lakeville City Council this 17th day of June 2024. Page 210 of 532 CITY OF LAKEVILLE BY: _______________________ Luke M. Hellier, Mayor ATTEST: BY: ________________________ Ann Orlofsky, City Clerk STATE OF MINNESOTA ) ( DAKOTA COUNTY ) I hereby certify that the foregoing Resolution No. 24-___ is a true and correct copy of the resolution presented to and adopted by the City Council of the City of Lakeville at a duly authorized meeting thereof held on the 17th day of June 2024 as shown by the minutes of said meeting in my possession. ________________________ Ann Orlofsky, City Clerk (SEAL) Page 211 of 532 CITY OF LAKEVILLE DAKOTA COUNTY, MINNESOTA ORDINANCE NO. _____ AN ORDINANCE REZONING PROPERTY FROM O-R, OFFICE/RESIDENTIAL TRANSITION DISTRICT TO PUD, PLANNED UNIT DEVELOPMENT DISTRICT IN CONJUNCTION WITH THE KENYON GREEN PRELIMINARY PLAT THE CITY COUNCIL OF THE CITY OF LAKEVILLE ORDAINS: Section 1. Legal Description. The following described property located within the City of Lakeville, Dakota County, Minnesota is hereby rezoned from O-R, Office/Residential Transition District to PUD, Planned Unit Development District: SEE ATTACHED EXHIBIT A Section 2. PUD Flexibilities. The City of Lakeville has rezoned the above referenced property from RS-2, Single Family Residential District to PUD, Planned Unit Development District. The Kenyon Green Planned Unit Development shall be subject to the requirements of the RH-1, High Density Residential District except for the following: A. Townhome rear yard setbacks to Kenyon Avenue of 33 feet. B. Townhome building setback to private drive of 25 feet. 1. Townhome wetland buffer/perimeter setback of 20 feet and townhome guest parking setback of zero (0) feet to the east interior property line. C. Rear yard apartment building setback to 185th Street of 40 feet. D. Apartment building height of 45 feet. This office for the purpose of indicating the rezoning hereinabove provided for in this Ordinance, and all of the notations, references and other information shown thereon are hereby incorporated by reference and made part of this Ordinance. Section 3. Zoning Map. The zoning map of the City of Lakeville, adopted by Section 11-45-5 of the City Code, shall not be republished to show the aforesaid rezoning, but the Zoning Administrator shall appropriately mark the zoning map on file in the Zoning Administrator’s office for the purpose of indicating the rezoning hereinabove provided for in this Ordinance, and all of the notations, references and other information shown thereon are hereby incorporated by reference and made part of this Ordinance. Section 4. Effective Date. This ordinance shall be effective upon its passage by the City Council and the recording of Kenyon Green final plat with Dakota County. Adopted by the Lakeville City Council this 17th day of June, 2024 Page 212 of 532 CITY OF LAKEVILLE BY: _______________________ Luke Hellier, Mayor ATTEST: ___________________________ Ann Orlofsky, City Clerk Page 213 of 532 EXHIBIT A Property Legal Description: A tract of land in the Northwest Quarter of Section 13, Township 114 North, Range 21 West, Dakota County, Minnesota, described as follows: Beginning at a point in the South line of said Northwest Quarter, 213.63 feet East of the Southwest corner thereof; the south line of said Northwest Quarter has an assumed bearing of North 89 degrees 54 minutes 54 seconds East; thence North 0 degrees 5 minutes 6 seconds West, 553.40 feet to the center line of a town road; thence along said centerline South 64 degrees 52 minutes 6 seconds East, 521.20, thence continue on said centerline North 58 degrees 59 minutes 54 seconds East, 357.25 feet, to a point on the Westerly right of way line of Trunk Highway 35 service road; thence southerly along said right of way South 22 degrees 54 minutes 54 seconds West, 425.28 feet; thence continue along said right of way on a curve concave to the east having a central angle South 89 degrees 54 minutes 54 seconds West, along said South line, 585.19 feet to the point of beginning Page 214 of 532 1 CITY OF LAKEVILLE DAKOTA COUNTY, MINNESOTA KENYON GREEN ZONING MAP AMENDMENT FINDINGS OF FACT AND DECISION On June 6, 2024, the Lakeville Planning Commission met at its regularly scheduled meeting to consider the applications of Ron Clark Construction for an amendment to the Zoning Map to rezone property in conjunction with the Kenyon Green preliminary plat. The Planning Commission conducted a public hearing on the applications preceded by published and mailed notice. The applicant was present and the Planning Commission heard testimony from all interested persons wishing to speak. The City Council hereby adopts the following: FINDINGS OF FACT 1. The subject property is located in Comprehensive Planning District 1, which guides the property for office/residential transition uses. 2. The subject site is currently zoned O-R, Office/Residential Transition District. Multiple family residential is allowed by conditional use permit in the O-R District. 3. The legal description of the property for which the Zoning Map amendment is requested is identified as described in attached Exhibit A. 4. The applicant is requesting to amend the Zoning Map to rezone the subject site as PUD, Planned Unit Development. 5. Chapter 11-3-3.E of the Zoning Ordinance provides that the Planning Commission consider possible effects of the proposed amendments based upon, but not limited to, the following factors: a. The proposed action has been considered in relation to the specific policies and provisions of and has been found to be consistent with the official City Comprehensive Plan. Finding: The property is located in Planning District No. 1 of the 2040 Comprehensive Land Use Plan. The proposed Zoning Map amendment will meet policies outlined in Planning District No. 1 and will be consistent with the 2040 Comprehensive Land Use Plan. Furthermore, Envision Lakeville establishes a set of community values that guide development and implementation of the 2040 Comprehensive Plan, including proving housing options for people of all ages and stages of life. b. The proposed use is or will be compatible with present and future land uses of the area. Finding: The proposed multi-family apartments and the townhome buildings will be compatible with the existing O-R District use to the west, the multi-family apartment to Page 215 of 532 2 the north, the Interstate 35 freeway and interchange to the east and the 185th Street (CSAH 60) roadway to the south. c. The proposed use conforms to all performance standards contained in the Zoning Ordinance and the City Code. Finding: The development of the proposed apartment building and townhome buildings comply with Zoning Ordinance requirements in accordance with the allowances and flexibilities outlined in the proposed Planning Unit Development. d. The proposed use can be accommodated with existing public services and will not overburden the City’s service capacity. Finding: The property and preliminary plat, including the proposed apartments and townhomes, are entirely located within the current Metropolitan Urban Service Area (MUSA). Existing sanitary sewer and water utilities are available to serve the property with capacity to serve the planned apartment and townhome residential use proposed with the preliminary plat. The proposed uses will not overburden the City’s service capacity. e. Traffic generated by the proposed use is within capabilities of streets serving the property. Finding: The subject site is to be accessed via Kenyon Avenue, a major collector street. All streets serving the immediate area and Kenyon Avenue These streets have adequate capacity to accommodate traffic generated by the proposed multi-family residential use within the Kenyon Green preliminary plat. 6. The report dated May 30, 2024 prepared by Frank Dempsey, Associate Planner is incorporated herein. DECISION The City Council approves the Zoning map amendment in the form attached hereto. DATED: June 27, 2024 CITY OF LAKEVILLE BY: __________________________ Luke M. Hellier, Mayor BY: ________________________ Anne Orlofsky, City Clerk Page 216 of 532 3 EXHIBIT A LEGAL DESCRIPTION A tract of land in the Northwest Quarter of Section 12, Township 114 North, Range 21 West, Dakota County Minnesota, described as follows: Beginning at the point in the South line of said Northwest Quarter, 213.63 feet East of the Southwest corner thereof; the south of said Northwest Quarter has an assumed bearing of North 89 degrees 54 minutes 54 seconds East; thence North 0 degrees 5 minutes 6 seconds West, 553.40 feet to the center line of a town road; thence along said centerline South 64 degrees 52 minutes 6 seconds East, 521.20, thence continue on said centerline North 58 degrees 59 minutes 54 seconds East, 357.25 feet, to a point on the Westerly right of way line of Trunk Highway 35 service road; thence southerly along said right of way South 22 degrees 54 minutes 54 seconds West, 425.28 feet; thence continue along said right of way on a curve concave to the east having a central angle South 89 degrees 54 minutes 54 seconds West, along said South line, 585.19 feet to the point of beginning. Page 217 of 532 8" PVC (Per Rec.)8" PVC8" PVCSan. Stub(Per Rec.)12" CMP12" RCP12" RCP12" RCP24" RCPConcreteConcrete SidewalkGravel Gravel NO BUILDINGSPondEdge of Water[15] PondEdge of WaterEdge of Water CreekBituminous Sidewalk12 " R C P12" RCP12" RCP 15" RCP12" RCP12" RCP12" RCP12" RCP12" RCP [16] Wetland PerDelineation By OthersWire Fence15" RCPMedian Per Aerial MappingMedian Per Aerial Mapping20" D . I .P . (Pe r Rec . )20" D.I.P. (Per Rec.)8" D.I.P.Wat. Stub.(Per Rec.)Neighboring Wetland Line perDigitized Plans by OthersPoint ofBeginningThe S Line of the NW 1/4 ofSec. 13, Twp. 114, Rng. 21Found IPCThe SW Corner of the NW 1/4of Sec. 13 Twp. 114, Rng. 21The W ' l y R / W L i n e o f Tru n k H i g h w a y 3 5 W S e r v i c e R o a d Per P l a t o f P r a i r i e L a k e 1 s t A d d i t i o n and F o u n d M o n u m e n t a t i o nS89°54'54"W 213.63Roadway Easement PerDoc. No. 357734R/W Easement PerDoc. No. 2020602St ree t , U t i l i ty & Dra inage Easemen tPer Doc . No . 1729802SE Corner of OUTLOT A,EMERALD PROFESSIONAL CENTERFound 1/2 Inch Open Iron PipeFound 1/2 InchOpen Iron PipeFound R/W MonumentMonument Falls in RoadwayNo Monument Found or SetMonument Falls in RoadwayNo Monument Found or SetMonument Falls in RoadwayNo Monument Found or SetCenterline of TownRoad (184th Street)Per DescriptionCenterl ine per Doc .No. 1729802Street, Utility & Drainage EasementPer Doc. No. 1729802S64°52'06"E 503.52C=31.70CB=N86°35'12"ER=340.00Δ=5°20'36"31.71N58°59'54 "E 237 .8174.94Δ=33°01'41"R=130.00S2 2 ° 5 0 ' 2 7 " W 3 8 7 . 6 6 127.81 Δ=21° 4 5 ' 4 6 " R=336 . 4 9S89°54'54"W 585.26Monument Fa l ls in RoadwayNo Monumen t Found o r Se tCente r L ine o f Town Road (184 th S t )Per the P la t o f P ra i r ie Lake 1s t Add i t ion (De s c . = 4 2 5 . 2 8 )(Desc.=357 .25)Portion of Kenyon Ave Dedicated in thePlat of Prairie Lake 1st Addition(Desc.=585.19)423 . 2 6 355.65S89°54'54"W 4503.84534 59.00N89°54'53"ES00°05'07"E 114.00S89°54'53"W59.00N00°05'07"W 114.0059.0031.0059.00N89°54'53"E59.0031.0031.00 N89°54'53"E26.0026.00 26.0026.00 31.00 S00°02'41"E 48.6436.00S89°57'19"WS 4 1 ° 1 8 ' 1 8 "W 7 1 . 8 8S89°57'19"W 82.0651.32S66°15'07"WS00°00'00"E 141.36 376.4951.9 8 Δ=8 ° 5 1 ' 0 4 " 373 . 0 5 157.49Δ=26°32'23"R=340.00N64°12'07"W 337.0233.32 S58°14'03 "W 149 .10152.39Δ=25°40'51"R=340.00237.81 14. 6 168.78S89°54'54"W 595.2975.83 Δ=12°54'4 2 " 75.00 78910N64°12'07"W 114.00S64°12'07"E 114.0031.00N25°47'53"E31.00N25°47'53"E59.0026.0026.0059.0026.00N25°47'53"E26.0059.0031.0059.00S25°47'53"W31.0059.0031.00N25°47'53"E31.00N25°47'53"E59.0026.00N25°47 ' 5 3 " E26.0059.00 26.0026.0059.00 31.0059. 0 0 S2 5 ° 4 7 ' 5 3 " W31.0059. 0 0 1112131415161731.00N25°47'53"E31.0026.00N25°47'53"E26.0059.0031.0059.00S25°47'53"W31.0059.00 S64°12'07"E 114.00N64°12'07"W 114.00S64°12'07"E 88.00N64°12'07"W 88.00S57°17'49"E 83.94S62°02'28"E39.9646.12S50°38'48"EN65°33'21"W 71.29N64°12'07"W10.001BLOCK 1185TH STREET WEST(C.S.A.H. NO. 60)KENYON AVENUEKENYON AVENUEThe S Line of the NW 1/4 ofSec. 13, Twp. 114, Rng. 21Dakota County Cast Iron MonumentThe SW Corner of the NW 1/4 ofSec. 13 Twp. 114, Rng. 21Width VariesWid t h V a r i e s Wet LandWet LandDra inage &Ut i l i ty Easemen tDrainage &Utility EasementDrainage &Utility EasementN25°47'53"E N2 5 ° 4 7 ' 5 3 " E N25°47'53"E59.00 11.67S00°05'06"E 181.61S62°07'16"E 75.67S51°56'22"E29.94 S01°17'03"W7.56S34°26'06"E 58.4435.77S37°06'45"ES19°01'00"E19.15S00°05'06"E44.3336.26S18°12'11"WS00°00'00"E23.16150.02445.08OUTLOT A325.35R=340.00Δ=25°40'51"152.39Δ=22°30'37"133.58Vacated Kenyon Avenue perDoc. No. __________________S10°41'58"E62.45N00°05'06"W 553.40 521.20Southerly Line ofKenyon Avenue asDedicated in PRAIRIELAKES 1ST ADDITIONEast Line of OUTLOT A,EMERALD PROFESSIONAL CENTER& Its Northerly Extension 478.40 26Drainage &Utility EasementOver All of Lot 2VICINITY MAPPROJECTPROJECT NO.: 23406COPYRIGHT 2024 CIVIL SITE GROUP INC.cREVISION SUMMARYDATEDESCRIPTIONV2.0PRELIMINARY PLAT............N44565RORY L. SYNSTELIENLICENSE NO.DATEI HEREBY CERTIFY THAT THIS SURVEY,PLAN, OR REPORT WAS PREPARED BY MEOR UNDER MY DIRECT SUPERVISION ANDTHAT I AM A DULY LICENSED LANDSURVEYOR UNDER THE LAWS OF THESTATE OF MINNESOTA.6-5-2024NCLIENT Civil Engineering Surveying Landscape Architecture5000 Glenwood AvenueGolden Valley, MN 55422civilsitegroup.com 612-615-0060QA/QCFIELD CREWDRAWN BYREVIEWED BYUPDATED BYDODPCJ.PRELIMINARY PLAT GENERAL NOTESPROPERTY DESCRIPTION:A tract of land in the Northwest Quarter of Section 13, Township 114 North, Range 21 West, Dakota County,Minnesota, described as follows:Beginning at a point in the South line of said Northwest Quarter, 213.63 feet East of the Southwest corner thereof;the south line of said Northwest Quarter has an assumed bearing of North 89 degrees 54 minutes 54 seconds East;thence North 0 degrees 5 minutes 6 seconds West, 553.40 feet to the center line of a town road; thence along saidcenterline South 64 degrees 52 minutes 6 seconds East, 521.20 feet, thence continue on said centerline North 58degrees 59 minutes 54 seconds East, 357.25 feet, to a point on the Westerly right of way line of Trunk Highway35W service road; thence southerly along said right of way South 22 degrees 54 minutes 54 seconds West, 425.28feet; thence continue along said right of way on a curve concave to the east having a central angle of 21 degrees 37minutes 43 seconds and a radius of 336.49 feet a distance of 127.02 feet to a point on the South line of saidNorthwest Quarter; thence South 89 degrees 54 minutes 54 seconds West, along said South line, 585.19 feet to thepoint of beginning.Abstract PropertyThe above description is per a Commitment for Title Insurance issued by CBH Title, LLC as agent for Old RepublicNational Title Insurance Company, File No. 59150, dated June 19, 2023.Please note the following description for a portion of Kenyon Avenue to be vacated is per a Road Vacation Exhibitprepared by us on 5-28-2024. Said vacation has not been finalized at the time of this preliminary plat and thedescription is subject to change.All that part of Kenyon Avenue, as dedicated by the recorded plat of PRAIRIE LAKES 1ST ADDITION, Dakota County,Minnesota, lying southerly of the following described line:Commencing at the southeast corner of Outlot A, EMERALD PROFESSIONAL CENTER, according to the recordedplat thereof, Dakota County, Minnesota; thence on an assumed bearing of North 00 degrees 05 minutes 06seconds West along the east line of said Outlot A and its northerly extension for 478.40 feet to a southerly lineof said Kenyon Avenue; thence South 64 degrees 52 minutes 06 seconds East along said southerly line for503.52 to the point of beginning of the line to be described; thence easterly for 31.71 feet along anon-tangential curve, concave to the north, having a radius of 340.00 feet, a central angle of 05 degrees 20minutes 36 seconds and a chord bearing of North 86 degrees 35 minutes 12 seconds East to a southerly line ofsaid Kenyon Avenue, and said line there terminating.DATE OF PREPARATION:6-5-2024Please note background survey information is per a survey by Civil Site Group dated 01-17-2024APPLICANT:Ron Clark Construction & DesignMike WaldoMwaldo@ronclark.comBENCHMARKS:Elevations are based on the NGVD 29 Datum. Site Benchmark is the top nut of the fire hydrant located on the northside of Kenyon Avenue, approximately 385 feet southeast of the northwest corner of the subject property, as shownhereon. Elevation = 1009.46AREAS:Total Property Area = 282,130 +/- Sq. Ft. or 6.477 +/- AcresSee Graphics for Areas of Individual Lots & Dedicated Right of WaysFLOOD ZONE:Zone X (area determined to be outside the 0.2% annual chance floodplain) per Flood Insurance Rate Map,Community Panel No. 27037C0191E, effective date of December 2, 2011.________________________________________________________Rory L. Synstelien Minnesota License No. 44565rory@civilsitegroup.comPRELIMINARY PLAT: KENYON GREENOVERHEAD UTILITIESGASMAINSANITARY SEWERSTORM SEWERFIBER/COMM. LINEELECTRIC LINE (RECORD)WATERMAINELECTRIC LINEGASMAIN (RECORD)CHAINLINK FENCE LINELinetype & Symbol Legend CONCRETE SURFACEPAVER SURFACEBITUMINOUS SURFACEGRAVEL/LANDSCAPE SURFACEIRON FENCE LINEGUARDRAILWATERMAIN (RECORD)SANITARY SEWER (RECORD)STORM SEWER (RECORD)FIBER/COMM. LINE (RECORD)TELEPHONE LINE (RECORD)TELEPHONE LINESIGNSANITARY MANHOLESTORM MANHOLECABLE TV BOXTELEPHONE MANHOLEELECTRIC TRANSFORMERTELEPHONE BOXTRAFFIC SIGNALGAS METERELECTRICAL METERWATER MANHOLEWATER VALVEAIR CONDITIONERBOLLARDCATCH BASINELECTRIC MANHOLEGAS VALVEFLAG POLEHANDICAP SYMBOLFOUND IRON MONUMENTHYDRANTCAST IRON MONUMENTSET OR TO BE SET IRON MONUMENTFLARED END SECTIONPOWER POLEUTILITY MANHOLEGUY WIRECONIFEROUS TREEDECIDUOUS TREEROOF DRAINSEWER CLEAN OUTFIRE CONNECTIONWELLUTILITY VAULTPOST INDICATOR VALVEGAS MANHOLEHAND HOLEFIBER/COMM. MANHOLEMAIL BOXFUEL TANKELECTRICAL OUTLETSBSOIL BORINGLIGHT POLEACCESS RESTRICTIONWOODEN FENCE LINE18430 Kenyon Avenue Lakeville, Dakota County, Minnesota 55044 7500 West 78th Street, Edina, Minnesota 55439 Ron Clark Construction & Design100255002550SCALE IN FEETPage 218 of 532 8" PVC (Per Rec.)8" PVC8" PVC12" RCP12" RCPOwner: City of LakevilleEdge of Water[15] PondEdge of WaterBituminous SidewalkKENYON AVENUE(A Public R/W)[12] Temporary EasementPer Doc. No. 2287465[13] S tree t , U t i l i ty & Dra inageEasement Per Doc . No . 1729802 12 " R C P15" RCP12" RCP12" RCP[16] Wetland PerDelineation By Others15" RCPN89°54'54"E 595.29[12] Temporary EasementPer Doc. No. 228746520" D . I .P . (Pe r Rec . )20" D.I.P. (Per Rec.)8" D . I . P .Wat. Stub.(Per Rec.)[13] Centerl ine perDoc. No. 1729802[13] Street, Utility & DrainageEasement Per Doc. No. 1729802[B] Town Road Easement (184th St)as Shown on Previous Surveyand County MappingS64°52'06"E 521.20N58°59'54 "E 256 .0574.94Δ=33°01'41"R=130.00S2 2 ° 5 0 ' 2 7 " W 3 8 7 . 6 6 N00°05'06"W 553.40 (De s c . = 4 2 5 . 2 8 )(Desc.=357 .25) 423 . 2 6 355.65 Δ=8 ° 5 1 ' 0 4 " 51.9 8 EOF=1004.00EOF=1002.79EOF=1005.00EOF=1005.00EOF=1002.00EOF=1004.82STORM WATERPONDING AREAUPUPUPUP- - -- - - -UNIT D3102UNIT D1104UNIT C1106UNIT C1108CLUB ROOM130FITNESS131UNIT C1112UNIT D1114UNIT D116UNIT D5117UNIT A2 - TYPE A115UNIT A1113UNIT D1111OFFICE123LOBBY121OFFICE122ELEV. LOBBY128UNIT C1107UNIT C1105UNIT C2103UNIT D3101OUTDOOR DECK15' PKG. STBK50' B L D G . S T B K50' BLDG. STBK30' BLDG . STBK 5' P K G . S T B K 1 5 ' PKG . S TBK5' PKG. STBK30' BLDG. STBKNOPARKING20' WETLAND STBK20' WETLAND STBK1/4" - 1'-0"37383536FIRST FLOORGARAGEWETLAND BOUNDARY17' MIN. WETLANDBUFFER100-YR HWL (996.85)LOT 1LOT 2CONSTRUCTIONLIMITSCONSTRUCTIONLIMITSCONSTRUCTIONLIMITSOUTLOT ALOT 15LOT 16LOT 17LOT 7LOT 8LOT 9LOT 10LOT 11LOT 12LOT 13LOT 14LOT 3LOT 4LOT 5LOT 6SOD, TYP.SOD,TYP.ROCK MAINTENANCESTRIP, WIDTH VARIES, TYP.EMERGENT WETLANDSEED MIXWET PRAIRIESEED MIXSOD,TYP.DECORATIVEROCK1 - SH31 - EP2L1.0LANDSCAPE PLANCivil Engineering Surveying Landscape Architecture5000 Glenwood AvenueGolden Valley, MN 55422civilsitegroup.com 612-615-0060COPYRIGHT CIVIL SITE GROUP INC.cPROJECT P R E L I M I N A R Y : N O T F O R C O N S T R U C T I O N2023ISSUE/SUBMITTAL SUMMARYDATEDESCRIPTION2/2/2024SKETCH PLAN SUBMITTAL3/29/2024CITY SUBMITTALDRAWN BYREVIEWED BYPROJECT MANAGERPROJECT NUMBERLICENSE NO.DATEI HEREBY CERTIFY THAT THIS PLAN,SPECIFICATION, OR REPORT WASPREPARED BY ME OR UNDER MY DIRECTSUPERVISION AND THAT I AM A DULYLICENSED LANDSCAPE ARCHITECT UNDERTHE LAWS OF THE STATE OF MINNESOTA.25821Robert L. Binder03/29/24KENYON GREEN 18430 KENYON AVENUE, LAKEVILLE, MN 55044 RON CLARK CONSTRUCTION 7500 WEST 78TH STREET, EDINA, MN 55439 PROPOSED PERENNIAL PLANT SYMBOLS - SEE PLANTSCHEDULE AND PLAN FOR SPECIES AND PLANTING SIZESPROPOSED DECIDUOUS AND EVERGREEN SHRUB SYMBOLS - SEEPLANT SCHEDULE AND PLAN FOR SPECIES AND PLANTING SIZESPROPOSED ORNAMENTAL TREE SYMBOLS - SEE PLANTSCHEDULE AND PLAN FOR SPECIES AND PLANTING SIZESPROPOSED EVERGREEN TREE SYMBOLS - SEE PLANTSCHEDULE AND PLAN FOR SPECIES AND PLANTING SIZESPROPOSED CANOPY TREE SYMBOLS - SEEPLANT SCHEDULE AND PLAN FOR SPECIESAND PLANTING SIZESDECORATIVE BOULDERS (ROUNDED &BLOCK STYLE), 18"-30" DIA.LEGENDEDGING - SHALL BE COMMERCIAL GRADE, 4" DEPTHALUMINUM, BLACK OR DARK GREEN IN COLOR,INCLUDE ALL CONNECTORS, STAKES, & ALLAPPURTENANCES PER MANUF. INSTALL PER MANUF.INSTRUC./SPECS.SEE SHEET L1.5 FOR PLANTING SCHEDULESEE SHEET C0.1 FOR GENERALLANDSCAPE NOTESCONSTRUCTION LIMITSREVISION SUMMARYDATEDESCRIPTION01" = 20'-0"20'-0"10'-0"NKnow what'sbelow.before you dig.CallRPage 219 of 532 2 - PS32 - AJ2.51 - AL21 - AL21 - EP21 - AL21 - OV21 - QP1 - QB2.5L1.1LANDSCAPE PLAN:AREAENLARGEMENTSCivil Engineering Surveying Landscape Architecture5000 Glenwood AvenueGolden Valley, MN 55422civilsitegroup.com 612-615-0060COPYRIGHT CIVIL SITE GROUP INC.cPROJECT P R E L I M I N A R Y : N O T F O R C O N S T R U C T I O N2023ISSUE/SUBMITTAL SUMMARYDATEDESCRIPTION2/2/2024SKETCH PLAN SUBMITTAL3/29/2024CITY SUBMITTALDRAWN BYREVIEWED BYPROJECT MANAGERPROJECT NUMBERLICENSE NO.DATEI HEREBY CERTIFY THAT THIS PLAN,SPECIFICATION, OR REPORT WASPREPARED BY ME OR UNDER MY DIRECTSUPERVISION AND THAT I AM A DULYLICENSED LANDSCAPE ARCHITECT UNDERTHE LAWS OF THE STATE OF MINNESOTA.25821Robert L. Binder03/29/24KENYON GREEN 18430 KENYON AVENUE, LAKEVILLE, MN 55044 RON CLARK CONSTRUCTION 7500 WEST 78TH STREET, EDINA, MN 55439SEE SHEET L1.5 FOR PLANTING SCHEDULESEE SHEET C0.1 FOR GENERALLANDSCAPE NOTESREVISION SUMMARYDATEDESCRIPTION01" = 10'-0"10'-0"5'-0"NKnow what'sbelow.before you dig.CallRPage 220 of 532 S64°52'06"E 521.208 - PD2 - PS32 - PS32 - PS32 - PS2.52 - PSG1 - GC2.52 - AL21 - AL21 - OV21 - OV21 - OV21 - SH31 - AL21 - GC2.51 - AL21 - OV21 - AL21 - QM4L1.2LANDSCAPE PLAN:AREAENLARGEMENTSCivil Engineering Surveying Landscape Architecture5000 Glenwood AvenueGolden Valley, MN 55422civilsitegroup.com 612-615-0060COPYRIGHT CIVIL SITE GROUP INC.cPROJECT P R E L I M I N A R Y : N O T F O R C O N S T R U C T I O N2023ISSUE/SUBMITTAL SUMMARYDATEDESCRIPTION2/2/2024SKETCH PLAN SUBMITTAL3/29/2024CITY SUBMITTALDRAWN BYREVIEWED BYPROJECT MANAGERPROJECT NUMBERLICENSE NO.DATEI HEREBY CERTIFY THAT THIS PLAN,SPECIFICATION, OR REPORT WASPREPARED BY ME OR UNDER MY DIRECTSUPERVISION AND THAT I AM A DULYLICENSED LANDSCAPE ARCHITECT UNDERTHE LAWS OF THE STATE OF MINNESOTA.25821Robert L. Binder03/29/24KENYON GREEN 18430 KENYON AVENUE, LAKEVILLE, MN 55044 RON CLARK CONSTRUCTION 7500 WEST 78TH STREET, EDINA, MN 55439SEE SHEET L1.5 FOR PLANTING SCHEDULESEE SHEET C0.1 FOR GENERALLANDSCAPE NOTESREVISION SUMMARYDATEDESCRIPTION01" = 10'-0"10'-0"5'-0"NKnow what'sbelow.before you dig.CallRPage 221 of 532 N58°59'54 "E 256 .05 S2 2 ° 5 0 ' 2 7 " W 3 8 7 . 6 6 423 . 2 6 355.658 - PD4 - PD3 - PD2 - PS32 - AJ2.51 - PSG3 - PS32 - AL21 - QM41 - GC2.5L1.3LANDSCAPE PLAN:AREAENLARGEMENTSCivil Engineering Surveying Landscape Architecture5000 Glenwood AvenueGolden Valley, MN 55422civilsitegroup.com 612-615-0060COPYRIGHT CIVIL SITE GROUP INC.cPROJECT P R E L I M I N A R Y : N O T F O R C O N S T R U C T I O N2023ISSUE/SUBMITTAL SUMMARYDATEDESCRIPTION2/2/2024SKETCH PLAN SUBMITTAL3/29/2024CITY SUBMITTALDRAWN BYREVIEWED BYPROJECT MANAGERPROJECT NUMBERLICENSE NO.DATEI HEREBY CERTIFY THAT THIS PLAN,SPECIFICATION, OR REPORT WASPREPARED BY ME OR UNDER MY DIRECTSUPERVISION AND THAT I AM A DULYLICENSED LANDSCAPE ARCHITECT UNDERTHE LAWS OF THE STATE OF MINNESOTA.25821Robert L. Binder03/29/24KENYON GREEN 18430 KENYON AVENUE, LAKEVILLE, MN 55044 RON CLARK CONSTRUCTION 7500 WEST 78TH STREET, EDINA, MN 55439SEE SHEET L1.5 FOR PLANTING SCHEDULESEE SHEET C0.1 FOR GENERALLANDSCAPE NOTESREVISION SUMMARYDATEDESCRIPTION01" = 10'-0"10'-0"5'-0"NKnow what'sbelow.before you dig.CallRPage 222 of 532 N89°54'54"E 595.29UPUPUPUP- - -- - - -UNIT D3102UNIT D1104UNIT C1106UNIT C1108CLUB ROOM130FITNESS131UNIT C1112UNIT D1114UNIT D116UNIT D5117UNIT A2 - TYPE A115UNIT A1113UNIT D1111OFFICE123LOBBY121OFFICE122ELEV. LOBBY128UNIT C1107UNIT C1105UNIT C2103UNIT D3101OUTDOOR DECK1/4" - 1'-0"373835362 - PD2 - PS32 - PD2 - PD2 - PS32 - PS33 - PG1 - GC2.51 - PD1 - GC2.51 - AJ2.51 - AJ2.51 - GC2.51 - PS35 - PG2 - MPS21 - PS3L1.0LANDSCAPE PLAN:AREAENLARGEMENTSCivil Engineering Surveying Landscape Architecture5000 Glenwood AvenueGolden Valley, MN 55422civilsitegroup.com 612-615-0060COPYRIGHT CIVIL SITE GROUP INC.cPROJECT P R E L I M I N A R Y : N O T F O R C O N S T R U C T I O N2023ISSUE/SUBMITTAL SUMMARYDATEDESCRIPTION2/2/2024SKETCH PLAN SUBMITTAL3/29/2024CITY SUBMITTALDRAWN BYREVIEWED BYPROJECT MANAGERPROJECT NUMBERLICENSE NO.DATEI HEREBY CERTIFY THAT THIS PLAN,SPECIFICATION, OR REPORT WASPREPARED BY ME OR UNDER MY DIRECTSUPERVISION AND THAT I AM A DULYLICENSED LANDSCAPE ARCHITECT UNDERTHE LAWS OF THE STATE OF MINNESOTA.25821Robert L. Binder03/29/24KENYON GREEN 18430 KENYON AVENUE, LAKEVILLE, MN 55044 RON CLARK CONSTRUCTION 7500 WEST 78TH STREET, EDINA, MN 55439SEE SHEET L1.5 FOR PLANTING SCHEDULESEE SHEET C0.1 FOR GENERALLANDSCAPE NOTESREVISION SUMMARYDATEDESCRIPTION01" = 10'-0"10'-0"5'-0"NKnow what'sbelow.before you dig.CallRPage 223 of 532 CODECOMMON / BOTANICAL NAMEQTYCONTNATIVE PLANTSPOLLINATOR FRIENDLY2.5" OVERSTORY TREEAJ2.5Autumn Fest® Sugar Maple / Acer saccharum 'JFS-KW8'72.5" CAL. B&BNATIVE CULTIVARYPSGPrinceton Sentry Gingko / Ginkgo biloba `Princeton Sentry`42.5" Cal. B&BNOT NATIVENGC2.5True North™ Kentucky Coffeetree / Gymnocladus dioica 'UMNSynergy'72.5" CAL. B&BNATIVE CULTIVARNPS2.5Summer Shimmer™ Quaking Aspen / Populus tremuloides 'Select Klaus'22.5" CAL. B&BNATIVENQB2.5Swamp White Oak / Quercus bicolor12.5" CAL. B&BNATIVEYQPAmerican Dream® Oak / Quercus bicolor 'JFS-KW12'12.5" CAL. B&BNATIVE CULTIVARNQM4Burr Oak / Quercus macrocarpa22.5" CAL. B&BNATIVESUBTOTAL:242" ORNAMENTAL TREEAL2Spring Flurry Serviceberry / Amelanchier x laevis 'JFS-Arb'102" CAL. B&BNATIVE CULTIVARYCAPagoda Dogwood / Cornus alternifolia12" CAL. B&BNATIVEYMPS2Professor Sprenger Crabapple / Malus x `Professor Sprenger`22" CAL. B&BNATIVE CULTIVARYOV2Ironwood / Ostrya virginiana72" CAL. B&BNATIVEYSUBTOTAL:206` HT. B&BPGWhite Spruce / Picea glauca86` HT. B&BNATIVEPDBlack Hills Spruce / Picea glauca `Densata`226` HT. B&BNATIVE CULTIVARSUBTOTAL:30EVERGREEN TREESPS3White Pine / Pinus strobus216` B&BNATIVENSUBTOTAL:21CODECOMMON / BOTANICAL NAMEQTYSIZENATIVE PLANTSPOLLINATOR FRIENDLYSHRUBSCMMuskingham Gray Dogwood / Cornus racemosa `Muskingham`21#5 CONTNATIVE CULTIVARYCBFiredance Dogwood / Cornus sericea `Bailadeline` TM10#5 CONTNATIVE CULTIVARYHJ2Kalm St. Johnswort / Hypericum kalmianum7#2 CONTNATIVEYSS2Mr. Mustard Ash Leaf Spirea / Sorbaria sorbifolia `SMNSSC`12#5 CONTNOT NATIVEYSUBTOTAL:50GRASSESDSSchottland Hair Grass / Deschampsia cespitosa `Schottland`73#1 CONTNATIVEYPN3Northwind Switch Grass / Panicum virgatum `North Wind`60#1 CONTNATIVE CULTIVARYSSStanding Ovation Little Bluestem Grass / Schizachyrium scoparium `Standing Ovation`39#1 CONTNATIVE CULTIVARYSH3Prairie Dropseed / Sporobolus heterolepis12#1 CONTNATIVEYSUBTOTAL:184PERENNIALSAS3Sun King Aralia / Aralia cordata `Sun King`4#2 CONTNOT NATIVEYAG3Goatsbeard / Aruncus dioicus2#1 CONTNOT NATIVEYCR2Hillside Black Beauty Snakeroot / Cimicifuga ramosa `Hillside Black Beauty`2#1 CONTNOT NATIVEYSUBTOTAL:8PURPLE PERENNIALSEMMagnus Purple Coneflower / Echinacea purpurea `Magnus`16#1 CONTNATIVE CULTIVARYNW2Walkers Low Catmint / Nepeta x faassenii `Walkers Low`12#1 CONTNOT NATIVEYSUBTOTAL:28WHITE PERENNIALSEP2PowWow White Coneflower / Echinacea purpurea `PAS702918` TM9#1 CONTNATIVE CULTIVARYHXSunday Gloves Daylily / Hemerocallis x `Sunday Gloves`12#1 CONTNOT NATIVEYSUBTOTAL:21YELLOW PERENNIALSCVMoonbeam Coreopsis / Coreopsis verticillata `Moonbeam`24#1 CONTNOT NATIVEYZAGolden Alexander / Zizia aurea32#1 CONTNATIVEYSUBTOTAL:56PLANT SCHEDULESYMBOLCOMMON / BOTANICAL NAMEQTYSIZEGROUND COVERSDecorative Rock Mulch / Decorative Rock Mulch1 1/2" Screened Decorative Rock Mulch, Installedon Geotextile Fabric, 3" deep, w/ landscapeeging. Provide Samples4,281 sfMulchShooting Star Seed Mix / Emergent Wetland MixSeeding Rate: 5 lb/acre (114.3 seeds/squarefoot). Cover w/ MnDOT Type 6 Hydraulic SoilStabilizer. Refer to MN Seeding Manual(2014Edition) for seeding dates and install methods.6,194 sfSeed MixBlue Grass Based / SodCommercial grade, locally grown, well rooted sodblend of improved Kentucky Bluegrass w/ uniformcolor, leaf texture, density and varieties consistingof a minimum of two and no more than fourcommon cultivars.78,989 sfSodShooting Star Seed Mix / Wet Prairie MixSeeding Rate: 10 lb/acre (100.9 seeds/squarefoot). Cover w/ MnDOT Type 6 Hydraulic SoilStabilizer. Refer to MN Seeding Manual(2014Edition) for seeding dates and install methods.11,793 sfSeed MixSUBTOTAL:101,257 sfPLANT SCHEDULEL1.5LANDSCAPE PLANNOTES & DETAILSCivil Engineering Surveying Landscape Architecture5000 Glenwood AvenueGolden Valley, MN 55422civilsitegroup.com 612-615-0060COPYRIGHT CIVIL SITE GROUP INC.cPROJECT P R E L I M I N A R Y : N O T F O R C O N S T R U C T I O N2023ISSUE/SUBMITTAL SUMMARYDATEDESCRIPTION2/2/2024SKETCH PLAN SUBMITTAL3/29/2024CITY SUBMITTALDRAWN BYREVIEWED BYPROJECT MANAGERPROJECT NUMBERLICENSE NO.DATEI HEREBY CERTIFY THAT THIS PLAN,SPECIFICATION, OR REPORT WASPREPARED BY ME OR UNDER MY DIRECTSUPERVISION AND THAT I AM A DULYLICENSED LANDSCAPE ARCHITECT UNDERTHE LAWS OF THE STATE OF MINNESOTA.25821Robert L. Binder03/29/24KENYON GREEN 18430 KENYON AVENUE, LAKEVILLE, MN 55044 RON CLARK CONSTRUCTION 7500 WEST 78TH STREET, EDINA, MN 55439 1.ENTIRE SITE SHALL BE FULLY IRRIGATED. THE CONTRACTOR SHALL SUBMIT IRRIGATION SHOPDRAWINGS FOR REVIEW AND APPROVAL BY THE LANDSCAPE ARCHITECT PRIOR TO INSTALLATION.2.PROVIDE SITE WIDE IRRIGATION SYSTEM DESIGN AND INSTALLATION. SYSTEM SHALL BE FULLYPROGRAMMABLE AND CAPABLE OF ALTERNATE DATE WATERING. THE SYSTEM SHALL PROVIDE HEADTO HEAD OR DRIP COVERAGE AND BE CAPABLE OF DELIVERING ONE INCH OF PRECIPITATION PERWEEK. SYSTEM SHALL EXTEND INTO THE PUBLIC RIGHT-OF-WAY TO THE EDGE OF PAVEMENT/BACKOF CURB.3.CONTRACTOR SHALL SECURE APPROVAL OF PROPOSED IRRIGATION SYSTEM INLCUDING PRICINGFROM OWNER, PRIOR TO INSTALLATION.4.SEE MECHANICAL AND ELECTRICAL PLANS AND SPECIFICATIONS FOR IRRIGATION WATER, METER,AND POWER CONNECTIONS.5.CONTRACTOR TO VERIFY LOCATION OF ALL UNDERGROUND/ABOVE GROUND FACILITIES PRIOR TOANY EXCAVATION/INSTALLATION. ANY DAMAGE TO UNDERGROUND/ABOVE GROUND FACILITIES SHALLBE THE RESPONSIBILITY OF THE CONTRACTOR AND COSTS ASSOCIATED WITH CORRECTINGDAMAGES SHALL BE BORNE ENTIRELY BY THE CONTRACTOR.6.SERVICE EQUIPMENT AND INSTALLATION SHALL BE PER LOCAL UTILITY COMPANY STANDARDS ANDSHALL BE PER NATIONAL AND LOCAL CODES. EXACT LOCATION OF SERVICE EQUIPMENT SHALL BECOORDINATED WITH THE LANDSCAPE ARCHITECT OR EQUIVALENT AT THE JOB SITE.7.CONTRACTOR SHALL COORDINATE WITH LOCAL UTILITY COMPANY FOR THE PROPOSED ELECTRICALSERVICE AND METERING FACILITIES.8.IRRIGATION WATER LINE CONNECTION SIZE IS 1-12" AT BUILDING. VERIFY WITH MECHANICAL PLANS.9.ALL MAIN LINES SHALL BE 18" BELOW FINISHED GRADE.10.ALL LATERAL LINES SHALL BE 12" BELLOW FINISHED GRADE.11.ALL EXPOSED PVC RISERS, IF ANY, SHALL BE GRAY IN COLOR.12.CONTRACTOR SHALL LAY ALL SLEEVES AND CONDUIT AT 2'-0" BELOW THE FINISHED GRADE OF THETOP OF PAVEMENT. EXTEND SLEEVES TO 2'-0" BEYOND PAVEMENT.13.CONTRACTOR SHALL MARK THE LOCATION OF ALL SLEEVES AND CONDUIT WITH THE SLEEVINGMATERIAL "ELLED" TO 2'-0" ABOVE FINISHED GRADE AND CAPPED.14.FABRICATE ALL PIPE TO MANUFACTURE'S SPECIFICATIONS WITH CLEAN AND SQUARE CUT JOINTS.USE QUALITY GRADE PRIMER AND SOLVENT CEMENT FORMULATED FOR INTENDED TYPE OFCONNECTION.15.BACKFILL ALL TRENCHES WITH SOIL FREE OF SHARP OBJECTS AND DEBRIS.16.ALL VALVE BOXES AND COVERS SHALL BE BLACK IN COLOR.17.GROUP VALVE BOXES TOGETHER FOR EASE WHEN SERVICE IS REQUIRED. LOCATE IN PLANT BEDAREAS WHENEVER POSSIBLE.18.IRRIGATION CONTROLLER LOCATION SHALL BE VERIFIED ON-SITE WITH OWNER'S REPRESENTATIVE.19.CONTROL WIRES: 14 GAUGE DIRECT BURIAL, SOLID COPPER IRRIGATION WIRE. RUN UNDER MAINLINE. USE MOISTURE-PROOF SPLICES AND SPLICE ONLY AT VALVES OR PULL BOXES. RUN SEPARATEHOT AND COMMON WIRE TO EACH VALVE AND ONE (1) SPARE WIRE AND GROUND TO FURTHESTVALVE FROM CONTROLLER. LABEL OR COLOR CODE ALL WIRES.20.AVOID OVER SPRAY ON BUILDINGS, PAVEMENT, WALLS AND ROADWAYS BY INDIVIDUALLY ADJUSTINGRADIUS OR ARC ON SPRINKLER HEADS AND FLOW CONTROL ON AUTOMATIC VALVE.21.ADJUST PRESSURE REGULATING VALVES FOR OPTIMUM PRESSURE ON SITE.22.USE SCREENS ON ALL HEADS.23.A SET OF AS-BUILT DRAWINGS SHALL BE MAINTAINED ON-SITE AT ALL TIMES IN AN UPDATEDCONDITION.24.ALL PIPE 3" AND OVER SHALL HAVE THRUST BLOCKING AT EACH TURN.25.ALL AUTOMATIC REMOTE CONTROL VALVES WILL HAVE 3" MINIMUM DEPTH OF 3/4" WASHED GRAVELUNDERNEATH VALVE AND VALVE BOX. GRAVEL SHALL EXTENT 3" BEYOND PERIMETER OF VALVE BOX.26.THERE SHALL BE 3" MINIMUM SPACE BETWEEN BOTTOM OF VALVE BOX COVER AND TOP OF VALVESTRUCTURE.IRRIGATION NOTES:FINISHED GRADE18" - VERIFY W/ PLANAGGREGATE MAINTANENCE STRIPN T SSLOPE - MIN. 2%, MAX. 5:1VERIFY W/ GRADING PLANMIN. 3" LAYER OF ROCK MULCH AS SPECIFIED.PROVIDE SAMPLE TO LANDSCAPE ARCHITECT FORAPPROVAL PRIOR TO INSTALLATIONFACE OF BUILDING, WALL, OR STRUCTURESTAKED LANDSCAPE EDGER AS SPECIFIED, SEEMANUFACTURER'S INSTRUCTIONS AND SPECS. FORINSTALLATION AND PLACEMENTWATER PERMEABLE GEOTEXTILE FABRIC AS SPECIFIEDCOMPACTED SUBGRADE1Know what'sbelow.before you dig.CallRPERENNIAL BED PLANTINGN T SPLANT TOP OF ROOTBALL 1-2" ABOVE ABOVESURROUNDING GRADEROOTS AT OUTER EDGE OF ROOTBALL LOOSENED TOENSURE PROPER BACKFILL-TO-ROOT CONTACTSLOPE SIDES OF HOLE OR VERTICAL SIDES AT EDGE OFPLANTING BEDEXISTING GRADEROCK OR ORGANIC MULCH, SEE GENERAL LANDSCAPENOTES AND PLAN NOTES FOR MULCH TYPE. KEEP MULCHMIN. 2" FROM PLANT STEMBACKFILL AS PER SPECIFICATIONDO NOT EXCAVATE BELOW ROOTBALL.SIZE VARIESSEE LANDSCAPE PLANMODIFY EXCAVATION BASED ON LOCATION OF PLANTMATERIAL AND DESIGN OF BEDS OR OVERALL PLANTPLACEMENT4DECIDUOUS & CONIFEROUS SHRUB PLANTINGN T SPRUNE AS FIELD DIRECTED BY THE LANDSCAPE ARCHITECTTO IMPROVE APPEARANCE (RETAIN NORMAL SHAPE FORSPECIES)PLANT TOP OF ROOTBALL 1-2" ABOVE ABOVESURROUNDING GRADEROOTS AT OUTER EDGE OF ROOTBALL LOOSENED TOENSURE PROPER BACKFILL-TO-ROOT CONTACTSLOPE SIDES OF HOLE OR VERTICAL SIDES AT EDGE OFPLANTING BEDEXISTING GRADEROCK OR ORGANIC MULCH, SEE GENERAL LANDSCAPENOTES AND PLAN NOTES FOR MULCH TYPE. KEEP MULCHMIN. 2" FROM PLANT TRUNKBACKFILL AS PER SPECIFICATIONDO NOT EXCAVATE BELOW ROOTBALL.THREE TIMES WIDTHOF ROOTBALLRULE OF THUMB - MODIFY EXCAVATION BASED ONLOCATION OF PLANT MATERIAL AND DESIGN OF BEDS OROVERALL PLANT PLACEMENT3THREE TIMES WIDTHOF ROOTBALLDECIDUOUS & CONIFEROUS TREE PLANTINGN T SPRUNE AS FIELD DIRECTED BY THE LANDSCAPE ARCHITECTTO IMPROVE APPEARANCE (RETAIN NORMAL TREE SHAPE)THREE 2"X4"X8' WOODEN STAKES, STAINED BROWN WITHTWO STRANDS OF WIRE TWISTED TOGETHER. STAKESSHALL BE PLACED AT 120° TO ONE ANOTHER. WIRE SHALLBE THREADED THROUGH NYLON STRAPPING WITHGROMMETS. ALTERNATE STABILIZING METHODS MAY BEPROPOSED BY CONTRACTOR.TRUNK FLARE JUNCTION: PLANT TREE 1"-2" ABOVEEXISTING GRADEMULCH TO OUTER EDGE OF SAUCER OR TO EDGE OFPLANTING BED, IF APPLICABLE. ROCK OR ORGANIC MULCH,SEE GENERAL LANDSCAPE NOTES AND PLAN NOTES FORMULCH TYPE. KEEP MULCH MIN. 2" FROM PLANT TRUNKEXISTING GRADECUT AND REMOVE BURLAP FROM TOP 1/3 OF ROOT BALL. IFNON-BIODEGRADABLE, REMOVE COMPLETELYSLOPE SIDES OF HOLE OR VERTICAL SIDES AT EDGE OFPLANTING BEDBACKFILL AS SPECIFIEDCOMPACT BOTTOM OF PIT, TYP.RULE OF THUMB - MODIFY EXCAVATION BASED ONLOCATION OF PLANT MATERIAL AND DESIGN OF BEDS OROVERALL PLANT PLACEMENT2REVISION SUMMARYDATEDESCRIPTIONSEE SHEET L1.0 FOR GENERAL LEGENDPage 224 of 532 CITY OF LAKEVILLE PLANNING COMMISSION MEETING MINUTES June 6, 2024 Chair Majorowicz called the meeting to order at 6:00 p.m. in the Council Chambers at City Hall. The Pledge of Allegiance to the flag was given. Members Present: Chair Jenna Majorowicz, Scott Einck, Pat Kaluza, Jason Swenson, Amanda Tinsley, Christine Zimmer, Jason Haider, Police Lieutenant. Members Absent: Ex-Officio Jeff Hanson, Patti Zuzek Staff Present: Tina Goodroad, Community Development Director; Frank Dempsey, Associate Planner; Kris Jenson, Planning Manager; Alanna Sobottka, Civil Engineer; Tina Morrow, Recording Secretary 3. Approval of the Meeting Minutes The May 9, 2024 Planning Commission meeting minutes and the May 9, 2024 Planning Commission work session minutes were approved as presented. 4. Announcements Planning Manager Kris Jenson stated that the following was distributed to the Planning Commission at tonight’s meeting: 1. June 5, 2024 Parks, Recreation and Natural Resources Committee meeting motion regarding the Kenyon Green preliminary plat. 2. The July 4, 2024 Planning Commission meeting is canceled due to the Independence Day holiday. 5. Kenyon Green Chair Majorowicz opened the public hearing to consider the application of Ron Clark Construction to consider the following: 1. Zoning Map amendment to rezone property from O-R, Office/Residential Transition District to PUD, Planned Unit Development District, 2. Preliminary plat of 17 residential lots to be known as Kenyon Green, and 3.PUD development stage plans for 15 attached townhome lots, one common area townhome lot, and one lot with a 49 unit apartment building taller than 42 feet, located west of Interstate 35, north of 185th Street (CSAH 60), and south of Kenyon Avenue. Michael Waldo with Ron Clark Construction presented an overview of the project. Planning Associate Frank Dempsey presented the planning report. Mr. Dempsey stated the applicant has applied for a preliminary plat, zoning map amendment rezoning the property to PUD, planned unit development district, and PUD development stage plan to allow the proposed development of Kenyon Green. Page 225 of 532 Planning Commission Meeting Minutes, June 6, 2024 Page 2 The Kenyon Green property is located in Planning District 1 of the 2040 Comprehensive Plan, which guides the subject property as Office/Residential Transition, which allows high density residential development, including apartment and townhome dwellings. Mr. Dempsey stated the subject property poses site development with unique challenges due to the shape, natural environment protection areas (wetland), and double fronted property characteristics abutting arterial roadways, limitations on site access due to curve of Kenyon Avenue resulting in the development requiring additional flexibility of site development offered by a PUD with the underlying zoning of the O-R District. The subject property is within the current MUSA. The proposed apartment building and townhomes are consistent with the planned land use of the property in accordance with the 2040 Comprehensive Land Use Plan. The preliminary plat includes a proposed plan for a development of two outlots which are outlined in the May 30, 2024 planning report. The proposed property complies with the lot requirements of the Zoning Ordinance for the respective zoning districts. Mr. Dempsey outlined the PUD planned unit development and the purpose. The rezoning to PUD provides for flexibility with certain setbacks as noted in the May 30, 2024 planning report to provide a layout that works with the physical site constraints. He reviewed conformance with Zoning Ordinance requirements, which included, setbacks, off-street parking, landscaping/screening, garage stalls and guest parking, building elevations and exterior building materials, signs, and site lighting. Mr. Dempsey clarified that staff is recommending adding a stipulation to read as follows: Stipulation #8. In the event the townhome properties and units are sold as private properties, a homeowners association (HOA) and covenant declarations shall be established in accordance with State of Minnesota Statute requirements. Community Development Department staff recommends approval of the Kenyon Green zoning map amendment, preliminary plat, and PUD development stage plan, subject to the seven stipulations listed in the May 30, 2024 planning report, as amended. Chair Majorowicz opened the hearing to the public for comment. Janet Lebens – 18560 Knollwood Circle She is concerned of the potential height of the development, and how it will impact her sight line from her property. Motion was made by Zimmer, seconded by Einck to close the public hearing at 6:34 p.m. Voice vote was taken on the motion. Ayes – unanimous. Chair Majorowicz asked for comments from the Planning Commission. Discussion points included: Page 226 of 532 Planning Commission Meeting Minutes, June 6, 2024 Page 3 • Commissioner Zimmer asked if there will be a potential issue with Interstate 35 in the future. She asked if plans were sent to the Minnesota Department of Transportation. • Building setback deviations for the townhomes and setback and height deviations for the apartment building. • Commissioner Tinsley asked a question regarding the height of the fence, and will it be a continuous fence around the proposed property? Mr. Waldo clarified the fence will be 6 feet and proposed at this time only along Kenyon Rd. • Commissioner Swenson commented on the change to the driveway length and has no conflict with the proposed site plans and setbacks. • Private stormwater pumping system and underground stormwater containment. • Commissioner Kaluza stated that he appreciates the work of the high-quality building. Supports the intended use and how it fits with the current zoning. He is concerned of the number of deviations to the proposed project and will not be supporting the rezoning to Planned Unit Development. Motion was made by Swenson, seconded by Einck to recommend to City Council approval of the Kenyon Green zoning map amendment, preliminary plat, and PUD development stage plan subject to the following stipulations, and approval of the Findings of Fact dated June 6, 2024, as amended. 1. Implementation of the recommendations listed in the May 22, 2024 engineering report. 2. Park dedication shall be satisfied with a cash contribution paid with the final plat. 3. The relabeled Outlot A, containing the wetland and buffers, must be deeded to the City with the final plat. 4. The townhomes will include two stall garages. The building garage sizes and exteriors shall comply with minimum requirements of the Zoning Ordinance. 5. The excess Kenyon Avenue right of way and drainage and utility and roadway easements noted in the May 22, 2024 engineering report shall be vacated as a condition of final plat approval. 6. Prior to City Council consideration, the landscape plan and grading plan shall be revised to comply with the buffer yard screening requirements adjacent to Kenyon Avenue, 185th Street (CSAH 60) and Interstate 35. 7. Prior to City Council consideration, the preliminary plat shall be amended to change Outlot A to a lot and block designation, re-number the townhome unit lots, and relabeled Outlot B to Outlot A. Page 227 of 532 Planning Commission Meeting Minutes, June 6, 2024 Page 4 8. A homeowner' s association shall be established for ownership and maintenance of the common area townhome lots. Ayes: Tinsley, Majorowicz, Einck, Swenson Nays: Kaluza, Zimmer (Due to number of changes to the Planned Unit Development) There being no further business, the meeting was adjourned at 6:55 p.m. Respectfully submitted, Tina Morrow, Recording Secretary Page 228 of 532 Parks, Recreation & Natural Resources committee Meeting Minutes, June 12, 2024 Page 2 Page 229 of 532 City of Lakeville Community Development Department Memorandum To: Planning Commission From: Tina Goodroad, AICP, Community Development Director Frank Dempsey, AICP, Associate Planner Date: May 30, 2024 Subject: Packet Material for the June 6, 2024 Planning Commission Meeting Agenda Item: 1. Zoning Map Amendment to rezone property from O-R, Office Residential Transition District to PUD, Planned Unit Development District. 2. Preliminary plat of 17 residential lots to be known as Kenyon Green. 3. PUD development stage plan for 15 attached townhome lots and a 49-unit apartment building with a height exceeding 42 feet Action Deadline: August 2, 2024 BACKGROUND Ron Clark Construction has applied for a preliminary plat, Zoning Map amendment rezoning the property to PUD, Planned Unit Development District, and PUD Development Stage Plan to allow the development of a 49-unit workforce rental apartment building and 15 units of attached market rate rental townhome dwelling units on 6.49 acres to be known as Kenyon Green. The Kenyon Green preliminary plat is bound by two arterial roadways and is located west of Interstate 35, north of 185th Street (CSAH 60), and south of Kenyon Avenue. The Kenyon Green preliminary plat plans have been distributed to the Engineering Division and Parks and Recreation Department staff, the Parks, Recreation and Natural Resources Committee, and the Dakota County Plat Commission. EXHIBITS A. Aerial Map B. Existing/Proposed Zoning Map Page 230 of 532 2 C. ALTA Survey D. Preliminary Plat E. Civil Engineering/Site Plan/Landscape Plans (26 Pages) F. Site Lighting Plan G. Floor Plan and Building Elevations (9 pages) H. April 25, 2024 Plat Commission Letter PLANNING A NALYSIS ZONING MAP AMENDMENT The Kenyon Green preliminary plat area is zoned O-R, Office/Residential District (Exhibit B). Multiple-Family dwellings are allowed in the O-R District subject to the requirements of the RH- 1, Multiple Family Residential District and subject to approval of a conditional use permit. The PUD flexibilities will allow the project to propose a mix of medium and high-density residential development on the 6.49 acre parcel and will substitute the requirement for a conditional use permit. The subject property poses site development with unique challenges due to the shape, natural environment protection areas (wetland), and double fronted property characteristics abutting arterial roadways, limitations on site access due to curve of Kenyon Avenue resulting in the development requiring additional flexibility of site development offered by a PUD with the underlying zoning of the O-R District. The requested flexibilities include: 1. Townhome rear yard setbacks to Kenyon Avenue of 30 feet (50-foot buffer setback required) 2. Townhome building setback to private drive of 25 feet (30 feet required) 3. Townhome wetland buffer rear yard setback of 10 feet for one area (20 feet required) 4. Townhome guest parking setback of between 8.1 and 14 feet (15 feet required) 5. Rear yard apartment building setback to 185th Street of 31-42 feet (50-foot buffer setback required) 6. Side yard apartment building setback to I-35 of 30 feet (50-foot buffer required) 7. Apartment building height of 45 feet (42 feet maximum) All other required setbacks and parking requirements have been met. Comprehensive Plan. The Kenyon Green property is located in Planning District 1 of the 2040 Comprehensive Plan, which guides the subject property as Office/Residential Transition, which allows high density residential development, including apartment and townhome dwellings. The subject property is within the current MUSA. The proposed apartment building and townhomes are consistent with the planned land use of the property in accordance with the 2040 Page 231 of 532 3 Comprehensive Land Use Plan. The Envision Lakeville report, updated in 2023, encourages housing development that allows for housing options for people of all stages of life. The proposed apartments and townhomes are compatible with existing commercial and medium to high density residential uses in the vicinity. P RELIMINARY PLAT Existing Conditions. The property is moderately sloped and includes trees and wetlands. The property most recently included a single-family home and accessory buildings until they were removed in late 2019. Adjacent Land Uses. The adjacent land uses, and zoning are as follows: North – Kenyon Avenue and an apartment building, (RH-1) East – Interstate 35 Intersection off-ramp and freeway South – 185th Street West (CSAH 60), vacant land and a single-family home (RA) West – Wetland and an office building, (O-R); across Kenyon Avenue is the Prairie Lake townhome development. Consistency with the Capital Improvement Plan (CIP). City streets, sanitary sewer and water improvements for the area of Kenyon Green will be financed and constructed by the developer. The development costs associated with the Kenyon Green development are not programmed in the 2024-2029 CIP. Premature Subdivision Criteria. A preliminary plat may be deemed premature if any of the criteria listed in Chapter 10-2-4-1 of the Subdivision Ordinance exist. Eligible criteria pertain to a lack of adequate: drainage, water, streets, sanitary sewer, and public service capacity (police and fire protection). The other pertinent criteria pertain to inconsistencies with the City Comprehensive Land Use and Capital Improvement Plans (discussed above). Staff review of the Kenyon Green preliminary plat against these criteria finds that it is not a premature subdivision.Lot Requirements. The preliminary plat of 6.49 acres will consist of one apartment building lot, 15 townhome lots, one common area lot, and one outlot that will encompass the wetland and wetland buffer, in addition to public right of way dedications for 185th Street and Kenyon Avenue. Prior to City Council consideration of the preliminary plat, it must be revised show Outlot A as a common area lot, the townhome unit lots labeled accordingly, and Outlot B relabeled as Outlot A. Section 11-61-13.B of the Zoning Ordinance requires a minimum of 5,000 square feet of lot area per townhouse dwelling and 2,500 square feet of lot area per apartment dwelling. Lot 1 (apartment building) provides for 1 unit per 2,137 square feet which is slightly less than the 2,500 square feet. required. The proposed townhome density meets requirements providing one unit per 5,097 square feet. The applicant is requesting a deviation to the development density provision to accommodate the 49-unit building on Lot 1. The proposed density of the development is consistent with the character of a O-R District and adjacent multiple family and Page 232 of 532 4 townhome development to the north and west. Outlot B (to be relabeled as Outlot A) will be deed to the City for wetland and wetland buffer preservation. Outlots. The Kenyon Green preliminary plat currently shows two outlots. Outlot A (1.17 acres) is common area for the townhomes and must be relabeled with a lot and block designation prior to City Council consideration of the preliminary plat. The parcel will be retained by the Developer. Outlot B (0.79 acres) contains wetlands and buffer. Prior to City Council consideration of the preliminary plat, the outlot must be relabeled as Outlot A. It will be deeded to the City with the final plat. Grading, Drainage, Erosion Control, and Utilities. Proposed grading, drainage, erosion control, and utilities for the Kenyon Green preliminary plat is shown on the grading, drainage and erosion control and utility plans. All existing and new local utilities shall be placed underground. Grading, drainage, erosion control, and utilities details are outlined in the May 22, 2024 engineering report prepared by Jon Nelson, Assistant City Engineer and Mac Cafferty, Environmental Resources Manager. The Engineering Division recommends approval of the preliminary plat. Tree Preservation. A tree preservation plan was submitted by the developer. There are 317 significant trees located within the Kenyon Green preliminary plat boundaries. The tree preservation plan proposes to save 64 of the significant trees on site. Mac Cafferty, Environmental Resources Manager has reviewed the tree preservation plan and his comments are included in the May 22, 2024 engineering report. Streets. Kenyon Green abuts Kenyon Avenue, 185th Street (CSAH 60) and Interstate 35. Additional right-of-way will be dedicated for Kenyon Avenue to comply with the major collector street width requirements and 1.09 acres of additional right-of-way will be dedicated for 185th Street, overlaying an existing roadway easement. No additional right of way is required for I-35. Wetlands. A wetland delineation was completed and approved in 2021. The wetland report indicated an impact of 0.1895 acres that will be replaced with wetland banking credits. Mac Cafferty has reviewed the wetland delineation report and his comments are included in the May 22, 2024 engineering report. Park Dedication. The 2015 Parks, Trails, and Open Space Plan does not identify dedication of land to the City for public parks from the area of the subject site. Park dedication requirements are to be satisfied by payment of a cash fee in lieu of land at the time of final plat approval as provided for by Section 10-4-8.J of the Subdivision Ordinance. The developer will be providing a playground for the development in the northeast corner of the site. Page 233 of 532 5 P LANNED UNIT DEVELOPMENT STAGE PLAN Proposed Medium and High-Density Residential Land Use. The proposed development consists of one 49-unit three-story apartment building with underground parking and 15 attached townhome units. All units will be rental and owned and maintained by the applicant and managed by a professional management company. Amenities include a community room, exercise room, outdoor play area, grilling stations with picnic tables and management office. The RH-1, High Density Residential District allows a maximum building height of three stories or 42 feet, whichever is less. In review of the development plans, it was determined that the apartment building must be raised to accommodate a three-foot increase in the elevation of the low floor area of the building. This results in a building height of 45 feet. Given the proximity of the property, building, and surrounding developments and roadways, the additional three feet is acceptable for the location. The applicant provided a narrative containing information on the proposed project, sample of similar project including elevations, details about architecture for the proposed project and specifics regarding target market for the apartment units combined with financing. The proposed apartment building will provide workforce units with limits on income requirements. Projected rents are included in the narrative. The City recently conducted a Housing Needs Assessment in 2023 that identified a need for 400 additional affordable units in the city. In addition, our Comprehensive Plan includes the Metropolitan Council’s allocation of affordable units for Lakeville which identifies a goal for 1,414 affordable units by 2030. These proposed units will help achieve this goal while providing housing affordable to working adults and families. Setbacks. Section 11-61-7 of the Zoning Ordinance establishes that various setback regulations of the RH-1 District are to be considered presumptively appropriate for the subject site but may be departed from to accomplish the purposes of the PUD District. The following setbacks of the RH-1 District apply to the subject site: Yard Front (Kenyon Ave) South (185th St) East (1-35) West Min Setback 50ft. 50ft. 50ft 30ft. The townhomes abutting Kenyon Avenue, a major collector, require a minimum 50-foot rear yard setback as a residential buffer yard. The apartment building is subject to a minimum setback of 50 feet abutting 185th Street (CSAH 60), a minor arterial roadway. The proposed townhome buildings range between 33.2 feet and 34.8 feet from the north property line abutting Kenyon Page 234 of 532 6 Avenue. The apartment building setback ranges between 32.1 feet and 41.1 feet abutting 185th Street and 31.4 feet abutting I-35 right-of-way. The subject property poses challenges to develop due to its unique shape and more importantly due to the fact it abuts three roadways (considering right of way for I-35). This necessitates increased buffer yard setbacks that would otherwise not be required. The apartment building was located into the required setback to accommodate the location of surface parking that was dictated by the access to Kenyon Avenue. Only a single access to and from Kenyon Avenue is permitted due to the curve of the roadway adjacent to the site. The internal drive provides for access to the surface parking and underground parking at the east side of the apartment building. This same internal drive provides for access to each townhome driveway. While the south side of the buildings abutting 185th Street encroaches into the buffer yard setback, the site does provide a variety of trees to provide buffering from the roadway. Additionally, evergreen trees are proposed at the east side of the building abutting the ponding area adjacent to I-35. Staff recommends that the landscape plan and grading plan be revised to provide a denser vegetive screen with additional evergreen trees along 185th Street and I-35 that are off-set to increase the amount of buffer along the trail and roadway. The north side of the site abutting Kenyon Avenue provides for trees abutting the townhomes. Additional evergreens in this area will provide for increased buffer to this roadway. Staff recommends support for the setback deviations with the additional buffer yard landscaping to achieve the goal of the increased setback. Two additional deviations for setbacks are requested for the townhomes including less than 30 feet from the unit lots to the private drive and 15 feet from two unit lots to the guest parking spaces. The townhomes are planned within the narrow portion of the lot with the private drive serving as the only access. The townhomes will each feature a two-car garage and driveway parking space in front of the door. The private drive will effectively and safely provide access with the reduced setbacks. Apartment Dwelling Unit Sizes. The table below summarized the breakdown in the number of dwelling units by number of bedrooms. The unit mix includes six - one-bedroom units, 18 two- bedroom units, and 25 three-bedroom units. The architectural plans include the floor areas for each type of dwelling unit, which verify compliance the minimum floor areas specified by Section 11-17-13.B of the Zoning Ordinance. Unit Type Number Percentage Floor Area Minimum Required Minimum Proposed 1 Bedroom 6 12% 700sf. 747-752 SF 2 Bedroom 18 37% 800sf. 984-966 SF 3 Bedroom 25 51% 880sf. 1,203-1,289 SF Page 235 of 532 7 Townhome Design. The townhomes will include two stall garages. The building garage sizes and exteriors shall comply with minimum requirements of the Zoning Ordinance. Exterior Materials. Section 11-62-19.B of the Zoning Ordinance requires the exterior of multiple-family dwelling structures include a variation in building materials which are to be distributed throughout the building elevations and coordinated into the architectural design of the structure to create an architecturally balanced appearance. To this end, a minimum of 50 percent of the combined area of all elevations of a structure is required to have an exterior finish of brick, stucco and/or natural or artificial stone. The proposed elevations feature a brick exterior accented with stone and lap (material type) siding to provide variety in materials and distinction to the building sections and stories. The main entry on the north elevation includes a canopy and columns with stone up to the third floor. Each unit will feature a deck. The proposed materials meet the 50% requirement. Detailed floor plans are provided for each apartment unit type. All units feature in unit washer and dryers. Common areas include a community room, office, and fitness room. Final elevations have not been provided for the proposed townhomes. Staff will review at time of building permit to ensure consistency with the code. Building Height. Principal buildings within the RH-1 District are limited to a height of three stories or 42 feet, whichever is less, by Section 11-61-21.A of the Zoning Ordinance. The proposed apartment building is a three-story structure measuring 45 feet to accommodate a a required increase of three feet to the minimum floor area elevation. Landscaping. The plans include a landscape plan that addresses the requirements of Section 11- 21-7 and 11-21-9 of the Zoning Ordinance at the site perimeter, interior yards, and building foundations. The landscaping plan provides a variety of overstory, ornamental and evergreen trees as well as shrubs at the permitter of the townhome buildings and apartment building. The landscape plan inventory includes 64 shade, evergreen, and ornamental trees as well as various shrubs, grasses and perennial plants. The City Forester shall review the landscape plan to determine material species and suitability for the site location. Buffer Yard Landscape Screening. Buffer yards shall contain a combination of earth berms, plantings, or privacy fencing of a sufficient density to provide a minimum visual screen and a reasonable buffer a minimum effective height of ten feet. The height of the buffer yard is measured along a line drawn at the back of the curb of the roadway, or the edge of bituminous, to the ground elevation at the rear line of the building pad to the height of the plantings to be installed as defined by this section. Landscape screening material shall be planted in two or more staggered rows. The landscape plan and grading plan shall be revised to accomplish the screening required adjacent to Kenyon Avenue, 185th Street (CSAH 60) and Interstate 35. An inground Page 236 of 532 8 irrigation system is required within the property where necessary to ensure that all turf grass, ground cover landscaping, hedges, trees and shrubs can be maintained. The Developer will be required to sod the buffer yard to the back of the trail along the north side of 185th Street and the back of the sidewalk along Kenyon Avenue. Pedestrian Access. There is an existing sidewalk along the south side of Kenyon Avenue up to the west plat boundary. The developer will be extending this sidewalk though the driveway entrance. Off-Street Parking. Section 11-19-13 of the Zoning Ordinance requires multiple family uses to provide 2.5 off-street parking stalls per dwelling unit for the apartment building. Based on 49 dwelling units, 123 off-street parking stalls are required. The applicant is providing 58 surface parking spaces and 65 underground garage spaces for a total of 123 spaces. The townhomes are required to provided two spaces per unit plus .5 spaces for guest parking. The applicant is providing guest parking in two areas of the townhome portion of the site meeting this requirement. Exterior Lighting. A photometric lighting plan indicating the lighting type has been submitted and is in compliance with Zoning Ordinance requirements. All exterior lighting shall be shielded as required by Section 11-16-17.B.1 of the Zoning Ordinance. The intensity of the exterior fixture complies with the limits as outlined by Section 11-16-17.A of the Zoning Ordinance. Exterior Trash/Recycling Storage. Any outdoor trash storage shall be located in an enclosure consistent with Zoning Ordinance requirements. Plat Comm ission. The Dakota County Plat Commission reviewed and approved the preliminary plat at its April 24, 2024 meeting. The Plat Commission letter is attached. Right-of-Way Vacation. The developer will submit an application to vacate a small portion of Kenyon Avenue right of way in order to square off an unusable portion to be incorporated into the apartment property parking area. Additional roadway easements for 185th Street (CSAH 60) must also be vacated, all of which will be done in conjunction with the final plat application. CONCLUSION The proposed Kenyon Green development is consistent with the 2040 Lakeville Comprehensive Plan and O-R zoning district requirements, including the goals set forth by the Metropolitan Council for attainable housing. The rezoning to PUD provides for flexibility with certain setbacks as noted in the report to provide a layout that works with the physical site constraints. The overall site provides several amenities including underground parking, quality architecture meeting all the requirements, common spaces and outdoor playground for residents’ enjoyment. These benefits are coupled with the inclusion of affordable housing meeting a need identified in the housing study and comprehensive plan. Page 237 of 532 9 RECOMMENDATION Community Development Department staff recommends approval of the Kenyon Green preliminary plat and Zoning Map amendment from O-R, Office Residential Transition District to PUD, Planned Unit Development District, subject to the following stipulations: 1. Implementation of the recommendations listed in the May 22, 2024 engineering report. 2. Park dedication shall be satisfied with a cash contribution paid with the final plat. 3. The relabeled Outlot A, containing the wetland and buffers, must be deeded to the City with the final plat. 4. The townhomes will include two stall garages. The building garage sizes and exteriors shall comply with minimum requirements of the Zoning Ordinance. 5. The excess Kenyon Avenue right of way and drainage and utility and roadway easements noted in the May 22, 2024 engineering report shall be vacated as a condition of final plat approval. 6. Prior to City Council consideration, the landscape plan and grading plan shall be revised to comply with the buffer yard screening requirements adjacent to Kenyon Avenue, 185th Street (CSAH 60) and Interstate 35. 7. Prior to City Council consideration, the preliminary plat shall be amended to change Outlot A to a lot and block designation, re-number the townhome unit lots, and relabeled Outlot B to Outlot A. Findings of fact for the rezoning is attached to this report. Page 238 of 532 EXHIBIT APage 239 of 532 EXHIBIT B Page 240 of 532 8" PVC (Per Rec.)8" PVC8" PVCSan. Stub(Per Rec.)12" CMP12" RCP12" RCP12" RCP24" RCPConcreteConcrete SidewalkGravel Gravel NO BUILDINGSPID: 220130031010Address: 18430 Kenyon AvenuePID: 222340000010Address: UnassignedOwner: City of LakevilleP.O.BThe S Line of the NW 1/4 ofSec. 13, Twp. 114, Rng. 21Found IPCThe SW Corner of the NW 1/4of Sec. 13 Twp. 114, Rng. 21The W ' l y R / W L i n e o f T r u n k H i g h w a y 35W S e r v i c e R o a d P e r P l a t o f Prairi e L a k e 1 s t A d d i t i o n and F o u n d M o n u m e n t a t i o nPondEdge of Water[15] PondEdge of WaterEdge of Water Creek213.63Bituminous Sidewalk[10] Roadway EasementPer Doc. No. 357734185TH STREET WEST(C.S.A.H. NO. 60)(A Public R/W)KENYON AVENUE(A Public R/W)(Width Varies)[12][12] Temporary EasementPer Doc. No. 2287465[11] R/W EasementPer Doc. No. 2020602[13 ] S t r e e t , U t i l i t y & D ra in ageEas em en t P e r D o c . N o . 1729802[14]12" R C P12" RCP12" RCP 15" RCP12" RCP12" RCP12" RCP12" RCP12" RCP [16] Wetland PerDelineation By Others Wire FenceFound 1/2 InchOpen Iron PipeFound 1/2 InchOpen Iron PipeFound R/W MonumentINTE R S T A T E H I G H W A Y N O . 3 5 (A Pu b l i c R / W ) (Widt h V a r i e s )15" RCPMonument Falls in RoadwayNo Monument Found or Set75.00 Monument Falls in RoadwayNo Monument Found or SetWest Bound LanesMonument Falls in RoadwayNo Monument Found or Set[B] Centerline of TownRoad (184th Street)Per DescriptionN89°54'54"E 595.29[12] Temporary EasementPer Doc. No. 2287465Median Per Aerial MappingMedian Per Aerial Mapping[9] Hi g h w a y E a s e m e n t P e r D o c . N o s . 1814 2 1 , 2 5 8 1 7 3 , 3 4 7 0 6 3 2 0 " D . I . P . ( P e r R e c . )20" D.I.P. (Per Rec.)8" D.I.P.Wat. Stub.(Per Rec.)[13 ] Cen te r l ine pe rDoc. No . 1729802[13] Street, Utility & DrainageEasement Per Doc. No. 1729802[B] Town Road Easement (184th St)as Shown on Previous Surveyand County MappingS64°52'06"E 521.20N5 8 °5 9 ' 5 4 " E 2 5 6 . 0 5 74.94Δ=33°01'41"R=130.00S22° 5 0 ' 2 7 " W 3 8 7 . 6 6127.81Δ=21°45'46"R=336.49S89°54'54"W 585.26N00°05'06"W 553.40 Monument Falls in RoadwayNo Monument Found or Set[A] Center Line of Town Road (184th St)Per the Plat of Prairie Lake 1st Addition(Des c . = 4 2 5 . 2 8 ) (D e s c .=357 .25 )[A] Portion of Kenyon Ave Dedicated in thePlat of Prairie Lake 1st Addition(Desc.=585.19)423. 2 6 3 5 5 . 6 5 Δ=12°54'42" 75.83 Δ=8° 5 1 ' 0 4 " 51.98 Neighboring Wetland Line perDigitized Plans by OthersDESCRIPTION OF PROPERTY SURVEYEDA tract of land in the Northwest Quarter of Section 13, Township 114 North, Range 21 West, Dakota County, Minnesota, described as follows:Beginning at a point in the South line of said Northwest Quarter, 213.63 feet East of the Southwest corner thereof; the south line of said Northwest Quarterhas an assumed bearing of North 89 degrees 54 minutes 54 seconds East; thence North 0 degrees 5 minutes 6 seconds West, 553.40 feet to the center line ofa town road; thence along said centerline South 64 degrees 52 minutes 6 seconds East, 521.20 feet, thence continue on said centerline North 58 degrees 59minutes 54 seconds East, 357.25 feet, to a point on the Westerly right of way line of Trunk Highway 35W service road; thence southerly along said right ofway South 22 degrees 54 minutes 54 seconds West, 425.28 feet; thence continue along said right of way on a curve concave to the east having a central angleof 21 degrees 37 minutes 43 seconds and a radius of 336.49 feet a distance of 127.02 feet to a point on the South line of said Northwest Quarter; thenceSouth 89 degrees 54 minutes 54 seconds West, along said South line, 585.19 feet to the point of beginning.Abstract PropertyGENERAL SURVEY NOTES1. Bearings are based on the Dakota County Coordinate System (1986 Adjustment).2. Elevations are based on the NGVD 29 Datum. Site Benchmark is the top nut of the fire hydrant located on the north side of Kenyon Avenue,approximately 385 feet southeast of the northwest corner of the subject property, as shown hereon. Elevation = 1009.463. We have shown the location of utilities to the best of our ability based on observed evidence together with evidence from the following sources: plansobtained from utility companies, plans provided by client, markings by utility companies and other appropriate sources. We have used this information todevelop a view of the underground utilities for this site. However, lacking excavation, the exact location of underground features cannot be accurately,completely and reliably depicted. Where additional or more detailed information is required, the client is advised that excavation may be necessary. Also,please note that seasonal conditions may inhibit our ability to visibly observe all the utilities located on the subject property.4. We have shown hereon a wetland on the subject property per information from electronic data provided to us by Stantec on 11-16-2023 and a wetlanddelineation report by Wenck Associates, Inc. dated August 2018. The wetland line on the neighboring property to the west is shown hereon per digitizedplans by Glenn Rehbein Companies dated 1-24-2006 provided to us by the City of Lakeville.ALTA/NSPS LAND TITLE SURVEY NOTES(numbered per Table A)1. Monuments placed and/or found at all major corners of the boundary of the surveyed property as shown hereon.2. Site Address: 18430 Kenyon Avenue, Lakeville, Minnesota 55044.3. This property is contained in Zone X (area determined to be outside the 0.2% annual chance floodplain) per Flood Insurance Rate Map, Community PanelNo. 27037C0191E, effective date of December 2, 2011.4. The Gross land area is 282,004 +/- square feet or 6.474 +/- acres.7. (a) Exterior dimensions of buildings at ground level as shown hereon. No buildings were observed on the subject property while conducting the fieldwork.8. Substantial features observed in the process of conducting the fieldwork as shown hereon. Please note that seasonal conditions may inhibit our ability tovisibly observed all site features located on the subject property.9. No striped parking stalls were observed on the subject property while conducting the fieldwork.13. The names of the adjoining owners of the platted lands, as shown hereon, are based on information obtained from the Dakota County InteractiveProperty Map.15. Some feature were obtained from aerial mapping as shown and labeled hereon.SURVEY REPORT1. This map and report was prepared with the benefit of a Commitment for Title Insurance issued by CBH Title, LLC as agent for Old Republic National TitleInsurance Company, File No. 59150, dated June 19, 2023. We note the following with regards to Schedule B II Exceptions of the herein referenced TitleCommitment:a. Item no.'s 1-8 are not survey related.b. The following are numbered per the referenced Title Commitment:[9]. Subject to the rights reserved by the State of Minnesota as set forth in Final Certificates filed as Document Nos. 181421, 258173, 347063,and 418361. Highway easement lies east of and does not appear to affect the subject property, as shown hereon.[10]. Terms and conditions of easement for roadway and municipal purposes, in favor of Village of Lakeville, as created in Final Certificate filed February 4, 1969, as Document No. 357734. Roadway easement is located along the south 50 feet of the subject property, as shown hereon. Document also describes a temporary slope easement that expired February 3, 1971, not shown hereon.[11]. Terms and conditions of easement for right-of-way purposes, in favor of the City of Lakeville, as created in Grant of Permanent Easement filedMarch 27, 2003, as Document No. 2020602 and as further evidenced in Final Certificate filed June 23, 2004, as Document No. 2218772. TheCity of Lakeville conveyed their rights to this easement to Dakota County by Quit Claim Deed filed December 2, 2003, as Document No. 2146888. 25 foot wide right of way easement is located over a southerly portion of the subject property, as shown hereon.[12]. Subject to Dakota County Road Right of Way Map No. 285 (County State Aid Highway No. 60 / 185th Street West) filed January 21, 2005, asDocument No. 2287465. Said right of way is located over the southerly portion of the subject property, as shown hereon. Document contains temporary easements, as shown hereon. Expiration dates for said temporary easements were not provided.[13]. Terms and conditions of easement for public roadway, drainage and utility purposes, in favor of the City of Lakeville, as created in Grant ofPermanent Easement filed November 6, 2000, as Document No. 1729802. Said easement is located over a northerly portion of the subject property, as shown hereon.[14]. Rights of the public in and to that portion of subject property used for road purposes (184th St W and 185th St W). 185th Street West islocated over a southerly portion of the subject property, as shown hereon. 184th St W appears to lie over the northerly 33 feetof the subject property. See Conflicts Item B below.[15]. Rights of other abutting land owners to use that part of the premises which lies within the bed of the pond. We have shown hereon a pondon the westerly portion of the subject property.[16]. A portion of the property contains wetlands which may be subject to federal, state, or local regulation. The right to use or improve these wetlands is excepted herein. We have shown hereon a wetland per information from electronic data provided to us by Stantec on 11-16-2023.2. Conflicts such as (but not limited to): encroachments, protrusions, access, occupation, and easements and/or servitudes:[A]. We have shown hereon the northerly line of the subject property with a curve as shown on the recorded plat of Prairie Lake 1st Addition near thenortheast corner of the subject property. The northeast corner of the subject property was dedicated as right of way in said plat.[B]. Please note that we have shown hereon a 33 foot wide Town Road Easement (184th St) over the northerly 33 feet of the subject property per Dakota County mapping and per a previous survey by Harry S. Johnson Co., Inc. dated 1-7-2005, provided to us by the client. The recorded plat ofPrairie Lake 1st Addition calls out the northerly line of the subject property as the centerline of 184th St as field located on Oct. 26, 1999.ALTA CERTIFICATIONTo: Linda Bakke, Lawrence Mallery, Lynette Mallery, Leonard Mallery, Leslie Mallery, Leigh Mallery, and Lonny Mallery; R.E.C., Inc., a Minnesota corporation;CHB Title, LLC; and Old Republic National Title Insurance Company:This is to certify that this map or plat and the survey on which it is based were made in accordance with the 2021 Minimum Standard Detail Requirements forALTA/NSPS Land Title Surveys, jointly established and adopted by ALTA and NSPS, and includes Items 1, 2, 3, 4, 7(a), 8, 9, 13, and 15 of Table A thereof.The fieldwork was completed on 12-28-2023.Dated this 17th day of January, 2024.________________________________________________________Rory L. Synstelien Minnesota License No. 44565rory@civilsitegroup.comVICINITY MAP18430 Kenyon Avenue Lakeville, Dakota County, Minnesota 55044 7500 West 78th Street, Edina, Minnesota 55439 Ron Clark Construction & Design PROJECTPROJECT NO.: 23406.00COPYRIGHT 2024 CIVIL SITE GROUP INC.cREVISION SUMMARYDATE DESCRIPTIONV1.0ALTA/NSPS LANDTITLE SURVEY. .. .. .. .. .. .N44565RORY L. SYNSTELIENLICENSE NO.DATEI HEREBY CERTIFY THAT THIS SURVEY,PLAN, OR REPORT WAS PREPARED BY MEOR UNDER MY DIRECT SUPERVISION ANDTHAT I AM A DULY LICENSED LANDSURVEYOR UNDER THE LAWS OF THESTATE OF MINNESOTA.1-17-2024NCLIENT Civil Engineering Surveying Landscape Architecture 5000 Glenwood AvenueGolden Valley, MN 55422civilsitegroup.com612-615-0060QA/QCFIELD CREWDRAWN BYREVIEWED BYUPDATED BYDODSCJ.OVERHEAD UTILITIESGASMAINSANITARY SEWERSTORM SEWERFIBER/COMM. LINEELECTRIC LINE (RECORD)WATERMAINELECTRIC LINEGASMAIN (RECORD)CHAINLINK FENCELINELinetype & Symbol Legend CONCRETE SURFACEPAVER SURFACEBITUMINOUS SURFACEGRAVEL/LANDSCAPE SURFACEWOODEN FENCELINEGUARDRAILWATERMAIN (RECORD)SANITARY SEWER (RECORD)STORM SEWER (RECORD)FIBER/COMM. LINE (RECORD)TELEPHONE LINE (RECORD)TELEPHONE LINESIGNSANITARY MANHOLESTORM MANHOLECABLE TV BOXTELEPHONE MANHOLEELECTRIC TRANSFORMERTELEPHONE BOXTRAFFIC SIGNALGAS METERELECTRICAL METERWATER MANHOLEWATER VALVEAIR CONDITIONERBOLLARDCATCH BASINELECTRIC MANHOLEGAS VALVEFLAG POLEHANDICAP SYMBOLFOUND IRON MONUMENTHYDRANTCAST IRON MONUMENTSET OR TO BE SET IRON MONUMENTFLARED END SECTIONPOWER POLEUTILITY MANHOLEGUY WIRECONIFEROUS TREEDECIDUOUS TREEROOF DRAINSEWER CLEAN OUTFIRE CONNECTIONWELLUTILITY VAULTPOST INDICATOR VALVEGAS MANHOLEHAND HOLEFIBER/COMM. MANHOLEMAIL BOXFUEL TANKELECTRICAL OUTLETSB SOIL BORINGLIGHT POLEACCESS RESTRICTION100255002550SCALE IN FEETEXHIBIT CPage 241 of 532 8" PVC (Per Rec.)8" PVC8" PVCSan. Stub(Per Rec.)12" CMP12" RCP12" RCP12" RCP24" RCPConcreteConcrete SidewalkGravel Gravel NO BUILDINGSPondEdge of Water[15] PondEdge of WaterEdge of Water CreekBituminous Sidewalk12" R C P12" RCP12" RCP 15" RCP12" RCP12" RCP12" RCP12" RCP12" RCP [16] Wetland PerDelineation By Others Wire Fence15" RCPMedian Per Aerial MappingMedian Per Aerial Mapping2 0 " D . I . P . ( P e r R e c . )20" D.I.P. (Per Rec.)8" D.I.P.Wat. Stub.(Per Rec.)Neighboring Wetland Line perDigitized Plans by OthersPoint ofBeginningThe S Line of the NW 1/4 ofSec. 13, Twp. 114, Rng. 21Found IPCThe SW Corner of the NW 1/4of Sec. 13 Twp. 114, Rng. 21The W ' l y R / W L i n e o f Trun k H i g h w a y 3 5 W S e r v i c e R o a d Per P l a t o f P r a i r i e L a k e 1 s t A d d i t i o n and F o u n d M o n u m e n t a t i o nS89°54'54"W 213.63Roadway Easement PerDoc. No. 357734R/W Easement PerDoc. No. 2020602St re e t , U t i l i t y & D ra inag e E a semen tPer Do c . N o . 1729802SE Corner of OUTLOT A,EMERALD PROFESSIONAL CENTERFound 1/2 Inch Open Iron PipeFound 1/2 InchOpen Iron PipeFound R/W MonumentMonument Falls in RoadwayNo Monument Found or SetMonument Falls in RoadwayNo Monument Found or SetMonument Falls in RoadwayNo Monument Found or SetCenterline of TownRoad (184th Street)Per DescriptionCente r l ine pe r Doc .No. 1729802Street, Utility & Drainage EasementPer Doc. No. 1729802S64°52'06"E 503.52C=31.70CB=N86°35'12"ER=340.00Δ=5°20'36"31.71N5 8 °5 9 ' 54 " E 23 7 . 8 1 74.94Δ=33°01'41"R=130.00S22° 5 0 ' 2 7 " W 3 8 7 . 6 6 127.81Δ=21°45' 4 6 " R=336.49S89°54'54"W 585.26Mo n um e n t F a l l s i n R o a dw a yNo M o n um e n t F o u n d o r S e tCe n t e r L i n e o f T ow n R o a d ( 1 8 4 t h S t ) P e r t h e P l a t o f P r a i r i e L a k e 1 s t A d d i t i o n (Des c . = 4 2 5 . 2 8 ) (D e s c .=357 .25 )Portion of Kenyon Ave Dedicated in thePlat of Prairie Lake 1st Addition(Desc.=585.19)423. 2 6 3 5 5 . 6 5 S89°54'54"W 4503.84OUTLOT A1 2 3 44Drainage & Utility EasementOver All of OUTLOT A59.00N89°54'53"ES00°05'07"E 114.00S89°54'53"W59.00N00°05'07"W 114.0059.0031.0059.00N89°54'53"E59.0031.0031.00 N89°54'53"E26.0026.00 26.0026.00 31.00 S00°02'41"E 48.6436.00S89°57'19"WS 4 1 ° 1 8 ' 1 8 " W 71 . 8 8S89°57'19"W 82.0651.32S66°15'07"WS00°00'00"E 141.36 376.4951.98Δ=8° 5 1 ' 0 4 " 373. 0 5 157.49Δ=26°32'23"R=340.00N64°12'07"W 337.0233.32 S5 8 ° 1 4 ' 0 3 "W 1 4 9 . 1 0152.39Δ=25°40'51"R=340.002 3 7 . 8 1 14.6 168.78S89°54'54"W 595.2975.83 Δ=12°54'42" 75.00 12342N64°12'07"W 114.00S64°12'07"E 114.0031.00N25°47'53"E31.00N25°47'53"E59.0026.0026.0059.0026.00N25°47'53"E26.0059.0031.0059.00S25°47'53"W31.0059.0031.00N25°47'53"E31.00N25°47'53"E59.0026.00N25°47'5 3 " E26.0059.00 26.0026.0059.00 31.0059.0 0 S25 ° 4 7 ' 5 3 " W31.0059. 0 0 1234123531.00N25°47'53"E31.0026.00N25°47'53"E26.0059.0031.0059.00S25°47'53"W31.0059.00 S64°12'07"E 114.00N64°12'07"W 114.00S64°12'07"E 88.00N64°12'07"W 88.00S57°17'49"E 83.94S62°02'28"E39.9646.12S50°38'48"EN65°33'21"W 71.29N64°12'07"W10.0011185TH STREET WEST(C.S.A.H. NO. 60)KENYON AVENUEKEN YON AV ENU EThe S Line of the NW 1/4 ofSec. 13, Twp. 114, Rng. 21Dakota County Cast Iron MonumentThe SW Corner of the NW 1/4 ofSec. 13 Twp. 114, Rng. 213Width VariesWidth V a r i e s Wet LandWet LandDr a i n a g e &Uti l i t y E a s em e n tDrainage &Utility EasementDrainage &Utility EasementN25°47'53"E N25 ° 4 7 ' 5 3 " E N25°47'53"E59.00 11.67S00°05'06"E 181.61S62°07'16"E 75.67S51°56'22"E29.94 S01°17'03"W7.56S34°26'06"E 58.4435.77S37°06'45"ES19°01'00"E19.15S00°05'06"E44.3336.26S18°12'11"WS00°00'00"E23.16150.02445.08OUTLOT B325.35R=340.00Δ=25°40'51"152.39Δ=22°30'37"133.58Vacated Kenyon Avenue perDoc. No. __________________S10°41'58"E62.45N00°05'06"W 553.40 521.20Southerly Line ofKenyon Avenue asDedicated in PRAIRIELAKES 1ST ADDITIONEast Line of OUTLOT A,EMERALD PROFESSIONAL CENTER& Its Northerly Extension 478.40 VICINITY MAPPROJECTPROJECT NO.: 23406COPYRIGHT 2024 CIVIL SITE GROUP INC.cREVISION SUMMARYDATE DESCRIPTIONV2.0PRELIMINARY PLAT. .. .. .. .. .. .N44565RORY L. SYNSTELIENLICENSE NO.DATEI HEREBY CERTIFY THAT THIS SURVEY,PLAN, OR REPORT WAS PREPARED BY MEOR UNDER MY DIRECT SUPERVISION ANDTHAT I AM A DULY LICENSED LANDSURVEYOR UNDER THE LAWS OF THESTATE OF MINNESOTA.5-28-2024NCLIENT Civil Engineering Surveying Landscape Architecture5000 Glenwood AvenueGolden Valley, MN 55422civilsitegroup.com 612-615-0060QA/QCFIELD CREWDRAWN BYREVIEWED BYUPDATED BYDODPCJ.PRELIMINARY PLAT GENERAL NOTESPROPERTY DESCRIPTION:A tract of land in the Northwest Quarter of Section 13, Township 114 North, Range 21 West, Dakota County,Minnesota, described as follows:Beginning at a point in the South line of said Northwest Quarter, 213.63 feet East of the Southwest corner thereof;the south line of said Northwest Quarter has an assumed bearing of North 89 degrees 54 minutes 54 seconds East;thence North 0 degrees 5 minutes 6 seconds West, 553.40 feet to the center line of a town road; thence along saidcenterline South 64 degrees 52 minutes 6 seconds East, 521.20 feet, thence continue on said centerline North 58degrees 59 minutes 54 seconds East, 357.25 feet, to a point on the Westerly right of way line of Trunk Highway35W service road; thence southerly along said right of way South 22 degrees 54 minutes 54 seconds West, 425.28feet; thence continue along said right of way on a curve concave to the east having a central angle of 21 degrees 37minutes 43 seconds and a radius of 336.49 feet a distance of 127.02 feet to a point on the South line of saidNorthwest Quarter; thence South 89 degrees 54 minutes 54 seconds West, along said South line, 585.19 feet to thepoint of beginning.Abstract PropertyThe above description is per a Commitment for Title Insurance issued by CBH Title, LLC as agent for Old RepublicNational Title Insurance Company, File No. 59150, dated June 19, 2023.Please note the following description for a portion of Kenyon Avenue to be vacated is per a Road Vacation Exhibitprepared by us on 5-28-2024. Said vacation has not been finalized at the time of this preliminary plat and thedescription is subject to change.All that part of Kenyon Avenue, as dedicated by the recorded plat of PRAIRIE LAKES 1ST ADDITION, Dakota County,Minnesota, lying southerly of the following described line:Commencing at the southeast corner of Outlot A, EMERALD PROFESSIONAL CENTER, according to the recordedplat thereof, Dakota County, Minnesota; thence on an assumed bearing of North 00 degrees 05 minutes 06seconds West along the east line of said Outlot A and its northerly extension for 478.40 feet to a southerly lineof said Kenyon Avenue; thence South 64 degrees 52 minutes 06 seconds East along said southerly line for503.52 to the point of beginning of the line to be described; thence easterly for 31.71 feet along anon-tangential curve, concave to the north, having a radius of 340.00 feet, a central angle of 05 degrees 20minutes 36 seconds and a chord bearing of North 86 degrees 35 minutes 12 seconds East to a southerly line ofsaid Kenyon Avenue, and said line there terminating.DATE OF PREPARATION:5-28-2024Please note background survey information is per a survey by Civil Site Group dated 01-17-2024APPLICANT:Ron Clark Construction & DesignMike WaldoMwaldo@ronclark.comBENCHMARKS:Elevations are based on the NGVD 29 Datum. Site Benchmark is the top nut of the fire hydrant located on the northside of Kenyon Avenue, approximately 385 feet southeast of the northwest corner of the subject property, as shownhereon. Elevation = 1009.46AREAS:Total Property Area = 282,130 +/- Sq. Ft. or 6.477 +/- AcresSee Graphics for Areas of Individual Lots & Dedicated Right of WaysFLOOD ZONE:Zone X (area determined to be outside the 0.2% annual chance floodplain) per Flood Insurance Rate Map,Community Panel No. 27037C0191E, effective date of December 2, 2011.________________________________________________________Rory L. Synstelien Minnesota License No. 44565rory@civilsitegroup.comPRELIMINARY PLAT: KENYON GREENOVERHEAD UTILITIESGASMAINSANITARY SEWERSTORM SEWERFIBER/COMM. LINEELECTRIC LINE (RECORD)WATERMAINELECTRIC LINEGASMAIN (RECORD)CHAINLINK FENCE LINELinetype & Symbol Legend CONCRETE SURFACEPAVER SURFACEBITUMINOUS SURFACEGRAVEL/LANDSCAPE SURFACEIRON FENCE LINEGUARDRAILWATERMAIN (RECORD)SANITARY SEWER (RECORD)STORM SEWER (RECORD)FIBER/COMM. LINE (RECORD)TELEPHONE LINE (RECORD)TELEPHONE LINESIGNSANITARY MANHOLESTORM MANHOLECABLE TV BOXTELEPHONE MANHOLEELECTRIC TRANSFORMERTELEPHONE BOXTRAFFIC SIGNALGAS METERELECTRICAL METERWATER MANHOLEWATER VALVEAIR CONDITIONERBOLLARDCATCH BASINELECTRIC MANHOLEGAS VALVEFLAG POLEHANDICAP SYMBOLFOUND IRON MONUMENTHYDRANTCAST IRON MONUMENTSET OR TO BE SET IRON MONUMENTFLARED END SECTIONPOWER POLEUTILITY MANHOLEGUY WIRECONIFEROUS TREEDECIDUOUS TREEROOF DRAINSEWER CLEAN OUTFIRE CONNECTIONWELLUTILITY VAULTPOST INDICATOR VALVEGAS MANHOLEHAND HOLEFIBER/COMM. MANHOLEMAIL BOXFUEL TANKELECTRICAL OUTLETSB SOIL BORINGLIGHT POLEACCESS RESTRICTIONWOODEN FENCE LINE18430 Kenyon Avenue Lakeville, Dakota County, Minnesota 55044 7500 West 78th Street, Edina, Minnesota 55439 Ron Clark Construction & Design100255002550SCALE IN FEETPage 242 of 532 8" PVC (Per Rec.)8" PVC8" PVCSan. Stub(Per Rec.)12" CMP12" RCP12" RCP12" RCPConcreteGravelGravel NO BUILDINGSPID: 220130031010Address: 18430 Kenyon AvenueEdge of Water[15] PondEdge of WaterBituminous Sidewalk[12] Temporary EasementPer Doc. No. 228746512" R C P15" RCP12" RCP[16] Wetland Pe rDelineation By O the rs Wire Fence15" RCPN89°54'54"E 595.29[12] Temporary EasementPer Doc. No. 22874652 0 " D . I . P . ( P e r R e c . )20" D.I.P. (Per Rec.)8" D . I . P .Wat. Stub.(Per Rec.)(Des c . = 4 2 5 . 2 8 ) (D e s c .=357 .25 ) 423. 2 6 3 5 5 . 6 5 Δ=8° 5 1 ' 0 4 " 51.98 FOR ALL FENCE REMOVALS ORPRESERVATIONS ON LOT LINES:CONTRACTOR SHALL CONFIRMOWNERSHIP OF FENCE PRIOR TOREMOVAL AND COORDINATE WITHADJACENT PROPERTY OWNER.REMOVE ALL EXISTING PRIVATEUTILITY SERVICES (THAT ARE NOTTO BE REUSED) PER PRIVATEUTILITY COMPANY AND CITYSTANDARDSCONTRACTOR SHALL SAWCUT &REMOVE PUBLIC PVMTS., CURBS,AND WALKS FOR INSTALLATIONOF UTILITIES. UPON COMPLETIONOF UTILITY WORK, REPLACE ALLMATERIAL, IN KIND, AND TO CITYSTANDARD AND APPROVALEXISTING TREES TOREMAIN, PROVIDETREE PROTECTIONFENCING, TYP.EXISTING TREES TOREMAIN, PROVIDETREE PROTECTIONFENCING, TYP.EXISTING TREES TOREMAIN, PROVIDE TREEPROTECTION FENCING,TYP.REMOVE EXISTINGGRAVEL PAVEMENT ANDBASE MATERIAL, TYP.REMOVE EXISTINGCONCRETEPAVEMENT AND BASEMATERIAL, TYP.REMOVE EXISTINGCURB AND GUTTER, TYP.REMOVE EXISTINGCURB ANDGUTTER, TYP.REMOVE EXISTINGTREE AND ROOTBALL, TYP.REMOVE EXISTINGTREE AND ROOTBALL, TYP.REMOVE EXISTINGTREE AND ROOTBALL, TYP.REMOVE EXISTINGTREE AND ROOTBALL, TYP.REMOVE EXISTING 12"CMP STORM PIPEREMOVE EXISTINGSTORM MANHOLEWETLANDMANAGE II (25' AVG. BUFFER)NWL = 993.49HWL = 996.85EOF = 998.30WETLAND BOUNDARY17' MIN. WETLANDBUFFER100-YR HWL (996.85)LOT 1OUTLOT ACONSTRUCTIONLIMITSCONSTRUCTIONLIMITSCONSTRUCTIONLIMITSREMOVALS LEGEND:TREE PROTECTIONREMOVAL OF PAVEMENT AND ALL BASEMATERIAL, INCLUDING BIT., CONC., ANDGRAVEL PVMTS.REMOVAL OF STRUCTUREINCLUDING ALL FOOTINGS ANDFOUNDATIONS.TREE REMOVAL - INCLUDING ROOTS AND STUMPSCivil Engineering Surveying Landscape Architecture5000 Glenwood AvenueGolden Valley, MN 55422civilsitegroup.com612-615-0060COPYRIGHT CIVIL SITE GROUP INC.cPROJECT P R E L I M I N A R Y : N O T F O R C O N S T R U C T I O N2023ISSUE/SUBMITTAL SUMMARYDATEDESCRIPTION2/2/2024 SKETCH PLAN SUBMITTAL3/29/2024 CITY SUBMITTALDRAWN BYREVIEWED BYPROJECT MANAGERPROJECT NUMBER48776David J. KnaebleLICENSE NO.DATEI HEREBY CERTIFY THAT THIS PLAN,SPECIFICATION, OR REPORT WASPREPARED BY ME OR UNDER MY DIRECTSUPERVISION AND THAT I AM A DULYLICENSED PROFESSIONAL ENGINEERUNDER THE LAWS OF THE STATE OFMINNESOTA.03/29/24KENYON GREEN 18430 KENYON AVENUE, LAKEVILLE, MN 55044 RON CLARK CONSTRUCTION 7500 WEST 78TH STREET, EDINA, MN 55439C1.0REMOVALS PLANREMOVE CURB AND GUTTER. IF INRIGHT-OF-WAY, COORDINATE WITH LOCALGOVERNING UNIT.SEE SHEET C0.1 FOR GENERALREMOVAL NOTESSEE SWPPP ON SHEETS SW1.0 - SW1.3EROSION CONTROL NOTES:CONSTRUCTION LIMITSREVISION SUMMARYDATEDESCRIPTIONPROPERTY LINEREMOVAL OF TREES ANDVEGETATION INCLUDING STUMPSAND ROOT SYSTEMS01" = 20'-0"20'-0"10'-0"NKnow what'sbelow.before you dig.CallROWNER INFORMATIONRON CLARK CONSTRUCTION 7500WEST 78TH STREETEDINA, MN 55439MIKE WALDO952-947-3037MWALDO@RONCLARK.COMEXHIBIT EPage 243 of 532 8" PVC (Per Rec.)8" PVC8" PVCSan. Stub(Per Rec.)12" CMP12" RCP12" RCP12" RCPConcreteGravelGravel NO BUILDINGSPID: 220130031010Address: 18430 Kenyon AvenueEdge of Water[15] PondEdge of WaterBituminous SidewalkKENYON AVENUE(A Public R/W)[12] Temporary EasementPer Doc. No. 2287465[13 ] S t ree t , U t i l i ty & D ra inageEasemen t Pe r Do c . No . 1729802 12" R C P15" RCP12" RCP12" RCP[16] Wetland Pe rDelineation By O the rs Wire FenceFound 1/2 InchOpen Iron PipeFound R/W Monument15" RCP[B] Centerline of TownRoad (184th Street)Per DescriptionN89°54'54"E 595.29[12] Temporary EasementPer Doc. No. 22874652 0 " D . I . P . ( P e r R e c . )20" D.I.P. (Per Rec.)8" D . I . P .Wat. Stub.(Per Rec.)[13 ] Cen te r l ine pe rDoc. No . 1729802[13] Street, Utility & DrainageEasement Per Doc. No. 1729802[B] Town Road Easement (184th St)as Shown on Previous Surveyand County MappingS64°52'06"E 521.20N5 8 ° 5 9 ' 5 4 " E 2 5 6 . 0 5 74.94Δ=33°01'41"R=130.00S22° 5 0 ' 2 7 " W 3 8 7 . 6 6 N00°05'06"W 553.40 Monument Falls in RoadwayNo Monument Found or Set[A] Center Line of Town Road (184th St)Per the Plat of Prairie Lake 1st Addition(Des c . = 4 2 5 . 2 8 ) (D e s c .=357 .25 )Plat of Prairie Lake 1st Addition423. 2 6 3 5 5 . 6 5 Δ=8° 5 1 ' 0 4 " 51.98 EXISTING TREES TOREMAIN, PROVIDETREE PROTECTIONFENCING, TYP.EXISTING TREES TOREMAIN, PROVIDETREE PROTECTIONFENCING, TYP.EXISTING TREES TOREMAIN, PROVIDE TREEPROTECTION FENCING,TYP.WETLANDMANAGE II (25' AVG. BUFFER)NWL = 993.49HWL = 996.85EOF = 998.30WETLAND BOUNDARY17' MIN. WETLANDBUFFER100-YR HWL (996.85)LOT 1OUTLOT ACONSTRUCTIONLIMITSCONSTRUCTIONLIMITSCONSTRUCTIONLIMITSREMOVALS LEGEND:TREE PROTECTIONTREE REMOVAL - INCLUDING ROOTS AND STUMPSCivil Engineering Surveying Landscape Architecture5000 Glenwood AvenueGolden Valley, MN 55422civilsitegroup.com 612-615-0060COPYRIGHT CIVIL SITE GROUP INC.cPROJECT P R E L I M I N A R Y : N O T F O R C O N S T R U C T I O N2023ISSUE/SUBMITTAL SUMMARYDATEDESCRIPTION2/2/2024 SKETCH PLAN SUBMITTAL3/29/2024 CITY SUBMITTALDRAWN BYREVIEWED BYPROJECT MANAGERPROJECT NUMBER48776David J. KnaebleLICENSE NO.DATEI HEREBY CERTIFY THAT THIS PLAN,SPECIFICATION, OR REPORT WASPREPARED BY ME OR UNDER MY DIRECTSUPERVISION AND THAT I AM A DULYLICENSED PROFESSIONAL ENGINEERUNDER THE LAWS OF THE STATE OFMINNESOTA.03/29/24KENYON GREEN 18430 KENYON AVENUE, LAKEVILLE, MN 55044 RON CLARK CONSTRUCTION 7500 WEST 78TH STREET, EDINA, MN 55439C1.1TREE PRESERVATIONPLANCONSTRUCTION LIMITSREVISION SUMMARYDATEDESCRIPTIONPROPERTY LINE01" = 20'-0"20'-0"10'-0"NKnow what'sbelow.before you dig.CallRPage 244 of 532 Civil Engineering Surveying Landscape Architecture5000 Glenwood AvenueGolden Valley, MN 55422civilsitegroup.com 612-615-0060COPYRIGHT CIVIL SITE GROUP INC.cPROJECT P R E L I M I N A R Y : N O T F O R C O N S T R U C T I O N2023ISSUE/SUBMITTAL SUMMARYDATEDESCRIPTION2/2/2024 SKETCH PLAN SUBMITTAL3/29/2024 CITY SUBMITTALDRAWN BYREVIEWED BYPROJECT MANAGERPROJECT NUMBER48776David J. KnaebleLICENSE NO.DATEI HEREBY CERTIFY THAT THIS PLAN,SPECIFICATION, OR REPORT WASPREPARED BY ME OR UNDER MY DIRECTSUPERVISION AND THAT I AM A DULYLICENSED PROFESSIONAL ENGINEERUNDER THE LAWS OF THE STATE OFMINNESOTA.03/29/24KENYON GREEN 18430 KENYON AVENUE, LAKEVILLE, MN 55044 RON CLARK CONSTRUCTION 7500 WEST 78TH STREET, EDINA, MN 55439C1.2TREE PRESERVATIONCALCULATIONSREVISION SUMMARYDATEDESCRIPTIONKnow what'sbelow.before you dig.CallRPage 245 of 532 Civil Engineering Surveying Landscape Architecture5000 Glenwood AvenueGolden Valley, MN 55422civilsitegroup.com 612-615-0060COPYRIGHT CIVIL SITE GROUP INC.cPROJECT P R E L I M I N A R Y : N O T F O R C O N S T R U C T I O N2023ISSUE/SUBMITTAL SUMMARYDATEDESCRIPTION2/2/2024 SKETCH PLAN SUBMITTAL3/29/2024 CITY SUBMITTALDRAWN BYREVIEWED BYPROJECT MANAGERPROJECT NUMBER48776David J. KnaebleLICENSE NO.DATEI HEREBY CERTIFY THAT THIS PLAN,SPECIFICATION, OR REPORT WASPREPARED BY ME OR UNDER MY DIRECTSUPERVISION AND THAT I AM A DULYLICENSED PROFESSIONAL ENGINEERUNDER THE LAWS OF THE STATE OFMINNESOTA.03/29/24KENYON GREEN 18430 KENYON AVENUE, LAKEVILLE, MN 55044 RON CLARK CONSTRUCTION 7500 WEST 78TH STREET, EDINA, MN 55439C1.3TREE PRESERVATIONCALCULATIONSREVISION SUMMARYDATEDESCRIPTIONKnow what'sbelow.before you dig.CallRPage 246 of 532 8" PVC (Per Rec.)8" PVC8" PVC12" RCP12" RCP Edge of Water[15] PondEdge of WaterBituminous Sidewalk12" R C P15" RCP12" RCP[16] Wetland Pe rDelineation By O the rs Found 1/2 InchOpen Iron PipeFound R/W Monument15" RCP2 0 " D . I . P . ( P e r R e c . )20" D.I.P. (Per Rec.)8" D . I . P .Wat. Stub.(Per Rec.)Monument Falls in RoadwayNo Monument Found or SetSTORM WATERPONDING AREAUPUPUPUP- - -- - - -UNIT D3102UNIT D1104UNIT C1106UNIT C1108CLUB ROOM130FITNESS131UNIT C1112UNIT D1114UNIT D116UNIT D5117UNIT A2 - TYPE A115UNIT A1113UNIT D1111OFFICE123LOBBY121OFFICE122ELEV. LOBBY128UNIT C1107UNIT C1105UNIT C2103UNIT D3101OUTDOOR DECKBUFFER INFO25' AVG. BUFFER AREA = 9,195 SFPROP. BUFFER AREA = 10,010 SFWETLANDMANAGE II (25' AVG. BUFFER)NWL = 993.49HWL = 996.85EOF = 998.3015' PKG. STBK50' BL D G . S T B K50' BLDG. STBK3 0 ' B LDG . S T B K 5' PK G . S T B K 1 5 ' P K G . S T B K5' PKG. STBK30' BLDG. STBK14131624.018.0PARKING (123 REQ'D [2.5 STALLS/UNIT])EXTERIOR = 58 STALLSINTERIOR = 65 STALLSTOTAL = 123 STALLS24.025.7 24.09.58.320.045.2NOPARKINGOUTLOT A [15 UNITS]AREA (OUTLOT A & B) =110,998 SFUPLAND AREA = 76,913 SFDENSITY = 1 UNIT / 5,128 SFLOT 1 [49 UNITS]AREA = 104,690 SFUPLAND AREA = 104,690 SFDENSITY = 1 UNIT / 2,137 SF1540.0 40.0 24.020' WETLAND STBKROW DEDICATIONROW DED ICA T ION20' WETLAND STBK1/4" - 1'-0"37383536FIRST FLOORGARAGE41.135.635.340.631.4WETLAND BOUNDARY17' MIN. WETLANDBUFFER25.7 24.0 25.718.018.024.015.018.014.034.8 38.734.032.034.8 18.0 24.0 25.7 33.2 7.79.24.09.232.15.024.05.024.012.030.08.740.058.020.0TYP,20.0TYP.9.0TYP.27.09.09.09.043.910.018.0TYP.100-YR HWL (996.85)LOT 1OUTLOT A137.359.05.57.324.011.6R3.0R25.0R3.0R15.0R3.0R3.0R3.0R15.0R3.0R38.0R10.0R88.0R 1 5 . 0 R15.0R 1 5 . 0 R15.0R3.0R3.0R3 . 0 R3.0R 8 . 0R8.0R8.0 R 3 2 . 0 R2 9 . 0 25.8R25.0 R15.0 R3.0R3.0R27.0ACCESSIBLE ROUTEARROW. DO NOTPAINT, FOR CODEREVIEW ONLY, TYP.SEG. BLOCK RETAININGWALL W/FENCING,COORD. W/OWNER2320 SFPLAYGROUND1200 SF PATIO24" CONC. VALLEYGUTTERACCESSIBLE PARKINGSPACE, INCL. SIGNAGE,STRIPING AND RAMPSH.D. BIT. PVMT., TYP,SEE FINAL GEOTECHFOR THICKNESSCONCRETESIDEWALK PERCITY STANDARDS,TYP.PVMT. STRIPING,TYP.MATCHEXISTINGCURB ANDGUTTER, TYP.B612 C&G,TYP.B612 C&G,TYP.SURMOUNTABLECURB5' CURBTRANSITIONSURMOUNTABLECURBSURMOUNTABLECURBMATCHEXISTINGSIDEWALK,TYP.H.D. BIT. PVMT., TYP,SEE FINAL GEOTECHFOR THICKNESSH.D. BIT. PVMT., TYP,SEE FINAL GEOTECHFOR THICKNESSL.D. BIT. PVMT., TYP,SEE FINAL GEOTECHFOR THICKNESSL.D. BIT. PVMT., TYP,SEE FINAL GEOTECHFOR THICKNESSPVMT. STRIPING,TYP.MATCH EXISTINGCURB AND GUTTER,TYP.CONTRACTOR IS RESPONSIBLE TO INSTALLANY SIDEWALK AND CURBING PER DESIGNPLAN. CONTRACTOR TO VERIFY ALL CURBSAND SIDEWALKS WILL DRAIN PROPERLY INFIELD CONDITIONS. CONTRACTOR MUSTCONTACT THE CIVIL ENGINEER 24-HOURSPRIOR TO ANY CURB AND/OR SIDEWALKINSTALLATION TO REVIEW AND INSPECT CURBSTAKES. CONTRACTOR IS RESPONSIBLE FORANY CURB OR SIDEWALK REPLACEMENT IFTHIS PROCEDURE IS NOT FOLLOWED.CONCRETE DRIVEWAYAPRON PER CITYSTANDARDS, TYP.5.042 CONSTRUCTIONLIMITSCONSTRUCTIONLIMITSCONSTRUCTIONLIMITS2FIELD ADJUSTCONCRETE WALK ASNEEDED TO AVOIDEXISTING HYDRANT8.8R5 . 07.07.05.040.05.024.011' CURB TAPER11' CURB TAPER11 STALLS @ 9' = 99.016 STALLS @ 9' = 144.015 STALLS @ 9' = 135.0CONC. TRANSFORMERPAD, COORD. W/UTILITY CO.5' CURBTRANSITIONSEG. BLOCKRETAINING WALL,DESIGNED BYOTHERSSEG. BLOCK RETAININGWALL W/FENCING,COORD. W/OWNEROUTLOT BLOT 1LOT 2LOT 3LOT 1LOT 2LOT 3LOT 4LOT 1LOT 2LOT 3LOT 4LOT 1LOT 2LOT 3LOT 4SITE DATAZONING SUMMARYEXISTING ZONINGO-R (USE RH-1 FOR CRITERIA)PROPOSED ZONINGPUDREQUIREDPROVIDEDBUILDING SETBACKSFRONT (KENYON)50 FT30 FTREAR (185TH)50 FT40 FTSIDE (35W)50 FT30 FTSIDE (WEST)30 FT30 FTBETWEEN TH20 FT20 FTBETWEEN MULTI25 FT25 FTFRONT FROMPRIVATE DRIVE30 FT25 FTSIDE FROMPRIVATE DRIVE30 FT6 FTTOWNHOMEFROM PARKING15 FT6 FTWETLAND SETBACKSSIDE10 FT10 FTREAR20 FT20 FT AND 10FTPARKING SETBACKSFRONT15 FT15 FTREAR5 FT5 FTSIDE5 FT5 FTREQUIREDPROVIDEDPARKING SUMMARYPARKING STALLDIMENSIONS9'X20' (18'W/OVERHANG)9'X20' AND9'X18'COMPACT PARKINGSTALL DIMENSIONSNANADRIVE AISLEDIMENSIONS24'-0"24'-0"REQUIREDPROVIDEDPARKING STALLS -MULTI-FAMILY12358 SURFACE -65 GARAGEPARKING STALLS -TOWNHOME88Civil Engineering Surveying Landscape Architecture5000 Glenwood AvenueGolden Valley, MN 55422civilsitegroup.com 612-615-0060COPYRIGHT CIVIL SITE GROUP INC.cPROJECT P R E L I M I N A R Y : N O T F O R C O N S T R U C T I O N2023ISSUE/SUBMITTAL SUMMARYDATEDESCRIPTION2/2/2024 SKETCH PLAN SUBMITTAL3/29/2024 CITY SUBMITTALDRAWN BYREVIEWED BYPROJECT MANAGERPROJECT NUMBER48776David J. KnaebleLICENSE NO.DATEI HEREBY CERTIFY THAT THIS PLAN,SPECIFICATION, OR REPORT WASPREPARED BY ME OR UNDER MY DIRECTSUPERVISION AND THAT I AM A DULYLICENSED PROFESSIONAL ENGINEERUNDER THE LAWS OF THE STATE OFMINNESOTA.03/29/24KENYON GREEN 18430 KENYON AVENUE, LAKEVILLE, MN 55044 RON CLARK CONSTRUCTION 7500 WEST 78TH STREET, EDINA, MN 55439SITE PLAN LEGEND:TRAFFIC DIRECTIONAL ARROW PAVEMENTMARKINGSSIGN AND POST ASSEMBLY. SHOP DRAWINGSREQUIRED.HC = ACCESSIBLE SIGNNP = NO PARKING FIRE LANEST = STOPCP = COMPACT CAR PARKING ONLYPROPERTY LINECURB AND GUTTER-SEE NOTES (T.O.) TIP OUTGUTTER WHERE APPLICABLE-SEE PLANLIGHT DUTY BITUMINOUS PAVEMENT (IFAPPLICABLE). SEE GEOTECHNICAL REPORT FORAGGREGATE BASE & WEAR COURSE DEPTH, SEEDETAIL.HEAVY DUTY BITUMINOUS PAVEMENT (IFAPPLICABLE). SEE GEOTECHNICAL REPORT FORAGGREGATE BASE & WEAR COURSE DEPTH, SEEDETAIL.CONSTRUCTION LIMITSTOACCESSIBILITY ROUTE ARROW (IFAPPLICABLE) DO NOT PAINT.CONCRETE PAVEMENT (IF APPLICABLE) ASSPECIFIED (PAD OR WALK) SEE GEOTECHNICALREPORT FOR AGGREGATE BASE & CONCRETEDEPTHS, WITHIN ROW SEE CITY DETAIL, WITHINPRIVATE PROPERTY SEE CSG DETAILREVISION SUMMARYDATEDESCRIPTIONC2.0SITE PLANSEE SHEET C0.1 FOR GENERALSITE NOTES01" = 20'-0"20'-0"10'-0"NKnow what'sbelow.before you dig.CallRPROPOSED WETLAND BUFFER AREAWETLAND BOUNDARY100-YR FLOOD PLAIN LINE = 996.85Page 247 of 532 3 STORY APARTMENT BUILDING - 49 UNITS23,266 SF FOOTPRINT 65 GARAGE PARKING STALLSWETLAND STORM WATER PONDING AREA PLAYGROUND 2320 SF PATIO 1200 SF 50' BUILDING SETBACK -REQUIRED50' BUILDING SETBACK - REQUIRED30' BUILDING SETBACK - REQUIRED 3 0 ' B U ILD IN G S E TB A C K -P R O P O S E D 1 5 ' P AR K IN G S E TB A C K MATCH EXISTING SIDEWALKTOWNHOMESTOWNHOMESTOWNHOMES TRANSFORMER PAD 14 13 16 15LOT 1104,690 SFOUTLOT A110,998 SFMONUMENT SIGN P R O P E R TY LIN E PROPERTY LINE KENYON AVE185TH ST W5 0 ' B U ILD IN G S E TB A C K -R E Q U IR E D 30' BUILDING SETBACK -PROPOSED40' BUILDING SETBACK -PROPOSED 5' PARKING SETBACK PROPOSED WETLAND BUFFER AREA 20' WETLAND SETBACK20' WETLAND SETBACK - REQUIREDTOWNHOMES4 2 2 RETAINING WALLSLOPE DOWN TO GARAGEATMTUSHIE MONTGOMERY KENYON GREEN | 03/29/24SITE PLAN | A018430 KENYON AVENUE, LAKEVILLE, MN 55044 | 223052ADevemopment Summary Address: 18430 Kenyon Ave Lakeville, MN 55044 Lot 1 Site Area: 104,690 sf/ 2.40 acresCurrent Zoning:O-R - Office/Residential Transition District Multi Family - Conditional Use Permit Required Subject to RH-1 zoning requirements Max Height: 3 Stores, 42' Max Density: 2,500 sf/dwelling unit for apartments 5,000 sf/dweilling unit for townhomes Setback Requirements: Building Front (Kenyon): 50' Rear (185th): 50' Side (35W): 50' Side (West): 30' Wetland Side: 10' Rear: 20' Parking Front: 15' Rear: 5' Side: 5'Development Scenarios: Apartment BuildingBuilding Total SF 93,252 sfTotal Finished SF 69,748 sfGarage 23,504 sf Level 1 23,266 sf Level 2 23,248 sf Level 3 23,233 sfTotal Parking123 StallsEnclosed 65 Stalls Surface 58 StallsTotal Units 49 Units3 Story Townhomes 15 UnitsBuilding Total SF 37,345 sfTotal Finished SF31,075 sfTotal Parking38 StallsEnclosed 30 Stalls Surface 8 Stalls N SCALE 1" = 30'-0"1Site Plan Page 248 of 532 8" PVC (Per Rec.)8" PVC8" PVC12" RCP12" RCP Edge of Water[15] PondEdge of WaterBituminous Sidewalk[13 ] S t ree t , U t i l i ty & D ra inageEasemen t Pe r Do c . No . 1729802 12" R C P15" RCP12" RCPFound 1/2 InchOpen Iron PipeFound R/W Monument15" RCP[B] Centerline of TownRoad (184th Street)Per DescriptionN89°54'54"E 595.29[13 ] Cen te r l ine pe rDoc. No . 1729802[13] Street, Utility & DrainageEasement Per Doc. No. 1729802S64°52'06"E 521.20N5 8 ° 5 9 ' 5 4 " E 2 5 6 . 0 5 74.94Δ=33°01'41"R=130.00S22° 5 0 ' 2 7 " W 3 8 7 . 6 6 N00°05'06"W 553.40 Monument Falls in RoadwayNo Monument Found or Set[A] Center Line of Town Road (184th St)Per the Plat of Prairie Lake 1st Addition(Des c . = 4 2 5 . 2 8 ) (D e s c .=357 .25 )Plat of Prairie Lake 1st Addition423. 2 6 3 5 5 . 6 5 Δ=8° 5 1 ' 0 4 " 51.98 STORM WATERPONDING AREAUPUPUPUP- - -- - - -UNIT D3102UNIT D1104UNIT C1106UNIT C1108CLUB ROOM130FITNESS131UNIT C1112UNIT D1114UNIT D116UNIT D5117UNIT A2 - TYPE A115UNIT A1113UNIT D1111OFFICE123LOBBY121OFFICE122ELEV. LOBBY128UNIT C1107UNIT C1105UNIT C2103UNIT D3101OUTDOOR DECKBUFFER INFO25' AVG. BUFFER AREA = 9,195 SFPROP. BUFFER AREA = 10,471 SFWETLANDMANAGE II (25' AVG. BUFFER)NWL = 993.49HWL = 996.85EOF = 998.3015' PKG. STBK50' BL D G . S T B K50' BLDG. STBK3 0 ' B LDG . S T B K 5' PK G . S T B K 1 5 ' P K G . S T B K5' PKG. STBK30' BLDG. STBKNOPARKING20' WETLAND STBK20' WETLAND STBK1/4" - 1'-0"37383536FIRST FLOORGARAGEFIRE TRUCK TURNINGMOVEMENTWETLAND BOUNDARY17' MIN. WETLANDBUFFER100-YR HWL (996.85)FIRE TRUCK TURNINGMOVEMENTLOT 1OUTLOT ACONSTRUCTIONLIMITSCONSTRUCTIONLIMITSCONSTRUCTIONLIMITSCivil Engineering Surveying Landscape Architecture5000 Glenwood AvenueGolden Valley, MN 55422civilsitegroup.com 612-615-0060COPYRIGHT CIVIL SITE GROUP INC.cPROJECT P R E L I M I N A R Y : N O T F O R C O N S T R U C T I O N2023ISSUE/SUBMITTAL SUMMARYDATEDESCRIPTION2/2/2024 SKETCH PLAN SUBMITTAL3/29/2024 CITY SUBMITTALDRAWN BYREVIEWED BYPROJECT MANAGERPROJECT NUMBER48776David J. KnaebleLICENSE NO.DATEI HEREBY CERTIFY THAT THIS PLAN,SPECIFICATION, OR REPORT WASPREPARED BY ME OR UNDER MY DIRECTSUPERVISION AND THAT I AM A DULYLICENSED PROFESSIONAL ENGINEERUNDER THE LAWS OF THE STATE OFMINNESOTA.03/29/24KENYON GREEN 18430 KENYON AVENUE, LAKEVILLE, MN 55044 RON CLARK CONSTRUCTION 7500 WEST 78TH STREET, EDINA, MN 55439REVISION SUMMARYDATEDESCRIPTIONC2.1TURNING MOVEMENT01" = 20'-0"20'-0"10'-0"NKnow what'sbelow.before you dig.CallRPage 249 of 532 8" PVC (Per Rec.)8" PVC8" PVC12" RCP12" RCP24" RCPPID: 222340000010Address: UnassignedOwner: City of LakevilleEdge of Water[15] PondEdge of WaterCreek Bituminous Sidewalk[13 ] S t ree t , U t i l i ty & D ra inageEasemen t Pe r Do c . No . 1729802 12" R C P15" RCP12" RCPFound 1/2 InchOpen Iron PipeFound 1/2 InchOpen Iron PipeFound R/W Monument15" RCP[B] Centerline of TownRoad (184th Street)Per DescriptionN89°54'54"E 595.29[13 ] Cen te r l ine pe rDoc. No . 1729802[13] Street, Utility & DrainageEasement Per Doc. No. 1729802S64°52'06"E 521.20N58 ° 5 9 ' 5 4 " E 2 56 . 0 5 74.94Δ=33°01'41"R=130.00S22° 5 0 ' 2 7 " W 3 8 7 . 6 6 N00°05'06"W 553.40 Monument Falls in RoadwayNo Monument Found or Set[A] Center Line of Town Road (184th St)Per the Plat of Prairie Lake 1st Addition(Des c . = 4 2 5 . 2 8 ) (D e s c .=357 .25 )Plat of Prairie Lake 1st Addition423. 2 6 3 5 5 . 6 5 Δ=8° 5 1 ' 0 4 " 51.98 STORM WATERPONDING AREAUPUPUPUP- - -- - - -UNIT D3102UNIT D1104UNIT C1106UNIT C1108CLUB ROOM130FITNESS131UNIT C1112UNIT D1114UNIT D116UNIT D5117UNIT A2 - TYPE A115UNIT A1113UNIT D1111OFFICE123LOBBY121OFFICE122ELEV. LOBBY128UNIT C1107UNIT C1105UNIT C2103UNIT D3101OUTDOOR DECKBUFFER INFO25' AVG. BUFFER AREA = 9,195 SFPROP. BUFFER AREA = 10,471 SFWETLANDMANAGE II (25' AVG. BUFFER)NWL = 993.49HWL = 996.85EOF = 998.3015' PKG. STBK50' BL D G . S T B K50' BLDG. STBK3 0 ' B LDG . S T B K 5' PK G . S T B K 1 5 ' P K G . S T B K5' PKG. STBK30' BLDG. STBKNOPARKING20' WETLAND STBK20' WETLAND STBK1/4" - 1'-0"37383536FIRST FLOORGARAGEWETLAND BOUNDARYWETLAND 1 IMPACTAREA = 8262 SF (0.19 AC)100-YR HWL (996.85)LOT 1OUTLOT ACONSTRUCTIONLIMITSCONSTRUCTIONLIMITSCONSTRUCTIONLIMITSC2.2WETLAND IMPACTPLANCivil Engineering Surveying Landscape Architecture5000 Glenwood AvenueGolden Valley, MN 55422civilsitegroup.com 612-615-0060COPYRIGHT CIVIL SITE GROUP INC.cPROJECT P R E L I M I N A R Y : N O T F O R C O N S T R U C T I O N2023ISSUE/SUBMITTAL SUMMARYDATEDESCRIPTION2/2/2024 SKETCH PLAN SUBMITTAL3/29/2024 CITY SUBMITTALDRAWN BYREVIEWED BYPROJECT MANAGERPROJECT NUMBER48776David J. KnaebleLICENSE NO.DATEI HEREBY CERTIFY THAT THIS PLAN,SPECIFICATION, OR REPORT WASPREPARED BY ME OR UNDER MY DIRECTSUPERVISION AND THAT I AM A DULYLICENSED PROFESSIONAL ENGINEERUNDER THE LAWS OF THE STATE OFMINNESOTA.03/29/24KENYON GREEN 18430 KENYON AVENUE, LAKEVILLE, MN 55044 RON CLARK CONSTRUCTION 7500 WEST 78TH STREET, EDINA, MN 55439REVISION SUMMARYDATEDESCRIPTION01" = 20'-0"20'-0"10'-0"NKnow what'sbelow.before you dig.CallRLEGEND:PROPERTY LINECONSTRUCTION LIMITSWETLAND FILL AREAWETLAND IMPACTWETLANDTOTAL WETLANDAREA(ACRE)IMPACTED WETLANDAREA(ACRE)1--0.19TOTAL--0.19WETLAND BOUNDARY100-YR FLOOD PLAIN LINE = 996.85Page 250 of 532 8" PVC (Per Rec.)8" PVC8" PVC12" RCP12" RCP24" RCPPID: 222340000010Address: UnassignedOwner: City of LakevilleEdge of Water[15] PondEdge of WaterCreek Bituminous Sidewalk[13 ] S t ree t , U t i l i ty & D ra inageEasemen t Pe r Do c . No . 1729802 12" R C P15" RCP12" RCPFound 1/2 InchOpen Iron PipeFound 1/2 InchOpen Iron PipeFound R/W Monument15" RCP[B] Centerline of TownRoad (184th Street)Per DescriptionN89°54'54"E 595.29[13 ] Cen te r l ine pe rDoc. No . 1729802[13] Street, Utility & DrainageEasement Per Doc. No. 1729802S64°52'06"E 521.20N58 ° 5 9 ' 5 4 " E 2 56 . 0 5 74.94Δ=33°01'41"R=130.00S22° 5 0 ' 2 7 " W 3 8 7 . 6 6 N00°05'06"W 553.40 Monument Falls in RoadwayNo Monument Found or Set[A] Center Line of Town Road (184th St)Per the Plat of Prairie Lake 1st Addition(Des c . = 4 2 5 . 2 8 ) (D e s c .=357 .25 )Plat of Prairie Lake 1st Addition423. 2 6 3 5 5 . 6 5 Δ=8° 5 1 ' 0 4 " 51.98 STORM WATERPONDING AREAUPUPUPUP- - -- - - -UNIT D3102UNIT D1104UNIT C1106UNIT C1108CLUB ROOM130FITNESS131UNIT C1112UNIT D1114UNIT D116UNIT D5117UNIT A2 - TYPE A115UNIT A1113UNIT D1111OFFICE123LOBBY121OFFICE122ELEV. LOBBY128UNIT C1107UNIT C1105UNIT C2103UNIT D3101OUTDOOR DECKBUFFER INFO25' AVG. BUFFER AREA = 9,195 SFPROP. BUFFER AREA = 10,471 SFWETLANDMANAGE II (25' AVG. BUFFER)NWL = 993.49HWL = 996.85EOF = 998.3015' PKG. STBK50' BL D G . S T B K50' BLDG. STBK3 0 ' B LDG . S T B K 5' PK G . S T B K 1 5 ' P K G . S T B K5' PKG. STBK30' BLDG. STBKNOPARKING20' WETLAND STBK20' WETLAND STBK1/4" - 1'-0"37383536FIRST FLOORGARAGEWETLAND BOUNDARY17' MIN. WETLANDBUFFER100-YR HWL (996.85)25' AVE. WETLAND BUFFERLOT 1OUTLOT ACONSTRUCTIONLIMITSCONSTRUCTIONLIMITSCONSTRUCTIONLIMITSC2.3WETLAND BUFFERPLANCivil Engineering Surveying Landscape Architecture5000 Glenwood AvenueGolden Valley, MN 55422civilsitegroup.com 612-615-0060COPYRIGHT CIVIL SITE GROUP INC.cPROJECT P R E L I M I N A R Y : N O T F O R C O N S T R U C T I O N2023ISSUE/SUBMITTAL SUMMARYDATEDESCRIPTION2/2/2024 SKETCH PLAN SUBMITTAL3/29/2024 CITY SUBMITTALDRAWN BYREVIEWED BYPROJECT MANAGERPROJECT NUMBER48776David J. KnaebleLICENSE NO.DATEI HEREBY CERTIFY THAT THIS PLAN,SPECIFICATION, OR REPORT WASPREPARED BY ME OR UNDER MY DIRECTSUPERVISION AND THAT I AM A DULYLICENSED PROFESSIONAL ENGINEERUNDER THE LAWS OF THE STATE OFMINNESOTA.03/29/24KENYON GREEN 18430 KENYON AVENUE, LAKEVILLE, MN 55044 RON CLARK CONSTRUCTION 7500 WEST 78TH STREET, EDINA, MN 55439REVISION SUMMARYDATEDESCRIPTION01" = 20'-0"20'-0"10'-0"NKnow what'sbelow.before you dig.CallRLEGEND:PROPERTY LINECONSTRUCTION LIMITS25' AVERAGE WETLAND BUFFER AREAPROPOSED WETLAND BUFFER AREAWETLAND BOUNDARY100-YR FLOOD PLAIN LINE = 996.85Page 251 of 532 8" PVC (Per Rec.)8" PVC8" PVC12" RCP12" RCP Edge of Water[15] PondEdge of WaterBituminous Sidewalk[12] Temporary EasementPer Doc. No. 2287465[13 ] S t ree t , U t i l i ty & D ra inageEasemen t Pe r Do c . No . 1729802 12" R C P15" RCP12" RCP[16] Wetland Pe rDelineation By O the rs Found 1/2 InchOpen Iron PipeFound R/W Monument15" RCP[B] Centerline of TownRoad (184th Street)Per Description[12] Temporary EasementPer Doc. No. 22874652 0 " D . I . P . ( P e r R e c . )20" D.I.P. (Per Rec.)8" D . I . P .Wat. Stub.(Per Rec.)[13 ] Cen te r l ine pe rDoc. No . 1729802[13] Street, Utility & DrainageEasement Per Doc. No. 1729802S64°52'06"E 521.20N5 8 ° 5 9 ' 5 4 " E 2 5 6 . 0 5 74.94Δ=33°01'41"R=130.00S22° 5 0 ' 2 7 " W 3 8 7 . 6 6 N00°05'06"W 553.40 Monument Falls in RoadwayNo Monument Found or Set[A] Center Line of Town Road (184th St)Per the Plat of Prairie Lake 1st Addition(Des c . = 4 2 5 . 2 8 ) (D e s c .=357 .25 )Plat of Prairie Lake 1st Addition423. 2 6 3 5 5 . 6 5 Δ=8° 5 1 ' 0 4 " 51.98 STORM WATERPONDING AREAUPUPUPUP- - -- - - -UNIT D3102UNIT D1104UNIT C1106UNIT C1108CLUB ROOM130FITNESS131UNIT C1112UNIT D1114UNIT D116UNIT D5117UNIT A2 - TYPE A115UNIT A1113UNIT D1111OFFICE123LOBBY121OFFICE122ELEV. LOBBY128UNIT C1107UNIT C1105UNIT C2103UNIT D3101OUTDOOR DECKBUFFER INFO25' AVG. BUFFER AREA = 9,195 SFPROP. BUFFER AREA = 10,471 SFWETLANDMANAGE II (25' AVG. BUFFER)NWL = 993.49HWL = 996.85EOF = 998.3015' PKG. STBK5' PK G . S T B K 1 5 ' P K G . S T B K5' PKG. STBKNOPARKING1/4" - 1'-0"37383536FIRST FLOORGARAGEWETLAND BOUNDARY17' MIN. WETLANDBUFFER100-YR HWL (996.85)LOT 1OUTLOT ACONSTRUCTIONLIMITSCONSTRUCTIONLIMITSCONSTRUCTIONLIMITSEOF=1004.00EOF=1002.79EOF=1005.00EOF=1005.00EOF=1002.00Civil Engineering Surveying Landscape Architecture5000 Glenwood AvenueGolden Valley, MN 55422civilsitegroup.com 612-615-0060COPYRIGHT CIVIL SITE GROUP INC.cPROJECT P R E L I M I N A R Y : N O T F O R C O N S T R U C T I O N2023ISSUE/SUBMITTAL SUMMARYDATEDESCRIPTION2/2/2024 SKETCH PLAN SUBMITTAL3/29/2024 CITY SUBMITTALDRAWN BYREVIEWED BYPROJECT MANAGERPROJECT NUMBER48776David J. KnaebleLICENSE NO.DATEI HEREBY CERTIFY THAT THIS PLAN,SPECIFICATION, OR REPORT WASPREPARED BY ME OR UNDER MY DIRECTSUPERVISION AND THAT I AM A DULYLICENSED PROFESSIONAL ENGINEERUNDER THE LAWS OF THE STATE OFMINNESOTA.03/29/24KENYON GREEN 18430 KENYON AVENUE, LAKEVILLE, MN 55044 RON CLARK CONSTRUCTION 7500 WEST 78TH STREET, EDINA, MN 55439C3.0GRADING PLAN1.0' CONTOUR ELEVATION INTERVALGRADING PLAN LEGEND:SPOT GRADE ELEVATION GUTTERSPOT GRADE ELEVATION TOP OF CURBSPOT GRADE ELEVATION BOTTOM OFSTAIRS/TOP OF STAIRSEX. 1' CONTOUR ELEVATION INTERVALSPOT GRADE ELEVATION (GUTTER/FLOWLINE UNLESS OTHERWISE NOTED)CURB AND GUTTER (T.O = TIP OUT)EMERGENCY OVERFLOW41.261125891.00 G891.00 TC891.00 BS/TS1137EOF=1135.52TOSPOT GRADE ELEVATION MATCH EXISTING891.00 MEGBGRADE BREAK - HIGH POINTSSEE SHEET C0.1 FOR GENERALGRADING NOTESCONSTRUCTION LIMITSREVISION SUMMARYDATEDESCRIPTION01" = 20'-0"20'-0"10'-0"NKnow what'sbelow.before you dig.CallRPage 252 of 532 8" PVC (Per Rec.)8" PVC8" PVC12" RCP12" RCP Edge of Water[15] PondEdge of WaterBituminous SidewalkKENYON AVENUE(A Public R/W)[12] Temporary EasementPer Doc. No. 2287465[13 ] S t ree t , U t i l i ty & D ra inageEasemen t Pe r Do c . No . 1729802 12" R C P15" RCP12" RCP[16] Wetland Pe rDelineation By O the rs Found 1/2 InchOpen Iron PipeFound R/W Monument15" RCP[B] Centerline of TownRoad (184th Street)Per DescriptionN89°54'54"E 595.29[12] Temporary EasementPer Doc. No. 22874652 0 " D . I . P . ( P e r R e c . )20" D.I.P. (Per Rec.)8" D . I . P .Wat. Stub.(Per Rec.)[13 ] Cen te r l ine pe rDoc. No . 1729802[13] Street, Utility & DrainageEasement Per Doc. No. 1729802[B] Town Road Easement (184th St)as Shown on Previous Surveyand County MappingS64°52'06"E 521.20N5 8 ° 5 9 ' 5 4 " E 2 5 6 . 0 5 74.94Δ=33°01'41"R=130.00S22° 5 0 ' 2 7 " W 3 8 7 . 6 6 N00°05'06"W 553.40 Monument Falls in RoadwayNo Monument Found or Set[A] Center Line of Town Road (184th St)Per the Plat of Prairie Lake 1st Addition(Des c . = 4 2 5 . 2 8 ) (D e s c .=357 .25 )[A] Portion of Kenyon Ave Dedicated in thePlat of Prairie Lake 1st Addition423. 2 6 3 5 5 . 6 5 Δ=8° 5 1 ' 0 4 " 51.98 STORM WATERPONDING AREAUPUPUPUP- - -- - - -UNIT D3102UNIT D1104UNIT C1106UNIT C1108CLUB ROOM130FITNESS131UNIT C1112UNIT D1114UNIT D116UNIT D5117UNIT A2 - TYPE A115UNIT A1113UNIT D1111OFFICE123LOBBY121OFFICE122ELEV. LOBBY128UNIT C1107UNIT C1105UNIT C2103UNIT D3101OUTDOOR DECKBUFFER INFO25' AVG. BUFFER AREA = 9,195 SFPROP. BUFFER AREA = 10,471 SFWETLANDMANAGE II (25' AVG. BUFFER)NWL = 993.49HWL = 996.85EOF = 998.3015' PKG. STBK50' BL D G . S T B K50' BLDG. STBK3 0 ' B LDG . S T B K 5' PK G . S T B K 1 5 ' P K G . S T B K5' PKG. STBK30' BLDG. STBKNOPARKING20' WETLAND STBK20' WETLAND STBK1/4" - 1'-0"37383536FIRST FLOORGARAGEWETLAND BOUNDARY17' MIN. WETLANDBUFFER100-YR HWL (996.85)LOT 1OUTLOT ACONSTRUCTIONLIMITSCONSTRUCTIONLIMITSCONSTRUCTIONLIMITSMH 12RIM=1003.37IE=998.22STUB SANITARY SEWERTO 5' FROM BUILDINGIE @ STUB=995.76COORD. W/MECH'LCONTRACTOR SHALL SAWCUT &REMOVE PUBLIC PVMTS., CURBS,AND WALKS FOR INSTALLATION OFUTILITIES. UPON COMPLETION OFUTILITY WORK, REPLACE ALLMATERIAL, IN KIND, AND TO CITYSTANDARD AND APPROVALCONTRACTOR SHALL COORDINATEALL THE UTILITY SERVICES WITHBOTH THE CIVIL AND MECHANICALPLANS PRIOR TO CONSTRUCTION.SEE DEMO PLAN FORALL EXISTING UTILITYREMOVAL INFORMATIONUNDERGROUND STORMWATERPOND SYSTEM 2102" SOLID CMP36" PIPE SEPARATIONCHAMBER IE=996.00CHAMBER TOP=1004.50OE=1000.00100-YR HWL=1003.52(SEE DETAIL AND SHOP DWGS)9 LF 12"CMP STORM@ 2.00%OCS 14RIM=1006.89IE W (18")=999.84IE E (12")=1000.82IE E (8")=999.84CB 41RIM=1007.62IE (E-4")=1004.12IE (SW/NE)=1002.96INSTALL 20 LF 4"DT BELOW CLASSV LAYER, TYP.22 LF 12" SCH40 PVCSTORM @ 10.00%12" STORMSERVICE, STUB TOWITHIN 5' FROMBUILDING, COORD.W/ MECH'LSTUB IE=1004.7012" INLETIE=1002.50OCS 2RIM=1002.00IE W (18")=997.14IE E (18")=997.14INSTALL WEIR WALL IN MHTOP=1001.008" OPENING=998.0010" OPENING=999.20FES 1IE=997.00INSTALL RIP RAPPER MNDOT DETAILS27 LF 18" RCPSTORM @ 0.50%25 LF 15" RCPSTORM @ 16.56%FES 3IE=993.00FES 11IE=998.00INSTALL RIP RAPPER MNDOT DETAILS33 LF 24" HDPESTORM @ 0.67%60 LF 24" HDPESTORM @ 0.50%CBMH 13RIM=1004.33IE(E)=999.52IE (W/S)=998.5264 LF 18" HDPESTORM @ 0.50%CBMH 15RIM=1003.17IE=998.89CB 16RIM=1002.46IE=999.52125 LF 15" HDPESTORM @ 0.50%74 LF 15" HDPESTORM @ 0.50%12" INLETIE=1001.0012" INLETIE=1001.2912" OUTLETIE=1001.00CB 21RIM=1004.82IE=1001.58SUMP=997.58INSTALL HOOD ONOUTLETCBMH 31RIM=1008.25IE=1001.1159 LF 12" HDPESTORM @ 0.50%153 LF 12" HDPESTORM @ 1.21%22 LF 12" HDPESTORM @ 0.50%64 LF 12" SCH40STORM @ 0.50%CBMH 32RIM=1005.58IE=1001.43CBMH 32RIM=1006.29IE=1002.2937 LF 12" HDPESTORM @ 3.19%EX. SAN MHEX. RIM=1004.68PR. RIM=1004.81EX. IE (W/E)=992.93EX. IE (SW)=993.03CORE DRILL CONNECTIONTO EXISTING MH. COORD.W/CITY126 LF 8" PVC SDR 26SAN. @ 0.40%SANMH ARE=1004.00IE (NW)=993.53IE (S)=993.63104 LF 8" PVC SDR 26SAN. @ 0.40%SANMH BRE=1002.89IE (N)=994.15IE (E)=994.25230 LF 8" PVCSDR 26 SAN.@ 0.40%SANMH CRE=1005.60IE (W)=995.17IE (S)=995.2749 LF 8" PVC SCH40SAN. SERVICE @1.00%8 LF 8" CMPSTORM @ 2.00%8" OUTLETIE=1000.00BAFFLE SKIMMER WEIRBOT=998.00FES 61IE=998.00INSTALL RIP RAPPER MNDOT DETAILSCBMH 62RIM=1003.88IE (E)=999.30IE (W)=998.14CBMH 63RIM=1006.24IE=1002.24294 LF 12" HDPESTORM @ 1.00%27 LF 12" HDPESTORM @ 0.50%88 LF 2-4" SCH 40 PVCFORCE MAINS,INSULATE. MAINTAIN 4'COVER OVER PIPE. 1PIPE FOR EACH PUMP.INSTALL 2-4" TIDEFLEXCHECKMATE CHECKVALVES AT PVCOUTLETSPUMP STATION 5296" DIA. BASE48" DIA. RISERRIM=1000.66IE (S)=995.33FORCE MAIN IE=995.3396" DIA BOT (INSIDE)=989.3396" DIA TOP (LID)=997.33CONTRACTOR TO COORD.FINAL PUMP STATION DESIGN100-YR RATE = 1.74 CFSMH 51RIM=1009.74IE (W)=1004.50IE (SE)=1005.0012" INLETIE=1002.50104 LF 12" HDPESTORM @ 1.92%CB 41RIM=999.98IE=995.4815 LF 12" HDPESTORM @ 1.00%39 LF 4" DT -4" NON. PERF.PVC @ 5.28%DT CLEANOUTIE=1006.54SET CASTING 6"BELOW SURFACEDT CLEANOUTIE=1006.54SET CASTING 6"BELOW SURFACE18 LF 4" DT -4" PERF. PVC @ 2.00%ADCB 42RIM=1007.60IE=1003.6018" NYLOPLASTWITH 18" DOMEDGRATE129 LF 12" HDPESTORM @ 0.50%DT CLEANOUTIE=1006.18SET CASTING 6"BELOW SURFACEADCB 15ARIM=1004.67IE=999.4218" NYLOPLASTWITH 18" SOLIDGRATEADCB 15BRIM=1002.77IE=999.7318" NYLOPLASTWITH 18" DOMEDGRATEADCB 15CRIM=1004.24IE=999.6718" NYLOPLASTWITH 18" DOMEDGRATEADCB 15DRIM=1004.45IE=1000.0018" NYLOPLASTWITH 18" DOMEDGRATE106 LF 12" SCH40STORM @ 0.50%50 LF 12" HDPESTORM @ 0.50%65 LF 12" HDPESTORM @ 0.50%61 LF 12" HDPESTORM @ 0.50%EOF=1004.00EOF=1002.79EOF=1005.00EOF=1005.00EOF=1002.00EX. STM MHEX. RIM=1003.48PR. RIM=1004.68EX. IE=1000.93RAISE CASTING TO MATCHPROPOSED GRADEEX. SAN MHEX. RIM=1006.46PR. RIM=1008.71EX. IE (E/W)=994.26RAISE CASTING TO MATCHPROPOSED GRADE. PLUGEX. STUB TO THE SOUTHEX. SAN MHEX. RIM=1010.45PR. RIM=1012.12EX. IE=994.90RAISE CASTING TO MATCHPROPOSED GRADE.CONNECT TO EXISTING 8"DIP WATER MAIN STUBWITH GV AND VALVE BOX,COORD. WITH CITY8" DIP WM8" DIP WM8" COMBINED DIP WATERSERVICE AND VALVE, STUBTO WITHIN 5' FROM BUILDING,COORD. W/MECH'LFIRE DEPARTMENTCONNECTION,COORD. W/ MECH'LALL AD-CB'S ON DOWNSPOUT DRAINLINES SHALL BE 12" NYLOPLASTDRAIN BASIN WITH 12" NYLOPLASTPED. GRATE. SEE DOWNSPOUT TOYARD DRAIN CONNECTION DETAILFOR ALL AREA DRAINS.USE 12"X6" WYE AT ALL LOCATIONSWHERE STORM LINES MEET FORDOWNSPOUT AREA DRAINSDOWNSPOUT DRAIN LOCATIONSSTILL NEED TO BE COORDINATEDWITH ARCHITECT. FINALIZEDOWNSPOUT DRAIN LOCATIONS WITHGUTTER INSTALLER. COORDINATEFINAL DESIGN IN FIELD.6" DIP WMHYD. & GV PERCITY STANDARDS8"X6" REDUCERHYD. & GV PERCITY STANDARDSEACH UNIT TO BE SERVICED BY 4" SANITARY LINE AND 1.5"WATER / FIRE SUPPRESSION LINE. THE WATER SERVICES SHALLHAVE THE EXTRA ROLL, CAPPED, WRAPPED AND PROTECTEDFROM UV LIGHT, STILL ATTACHED NEAR THE GROUNDSURFACE IN WHICH THE CONTRACTOR WILL MAKE THECONNECTION AT THE TIME OF BUILDING CONSTRUCTION.1.5" WATERSERVICE W/CURBSTOP, TYP.4" PVC SCH40 SAN.SERV. FORTOWNHOMES, TYP.FIRE HYDRANTSPACING - 200'RADIUSCivil Engineering Surveying Landscape Architecture5000 Glenwood AvenueGolden Valley, MN 55422civilsitegroup.com 612-615-0060COPYRIGHT CIVIL SITE GROUP INC.cPROJECT P R E L I M I N A R Y : N O T F O R C O N S T R U C T I O N2023ISSUE/SUBMITTAL SUMMARYDATEDESCRIPTION2/2/2024 SKETCH PLAN SUBMITTAL3/29/2024 CITY SUBMITTALDRAWN BYREVIEWED BYPROJECT MANAGERPROJECT NUMBER48776David J. KnaebleLICENSE NO.DATEI HEREBY CERTIFY THAT THIS PLAN,SPECIFICATION, OR REPORT WASPREPARED BY ME OR UNDER MY DIRECTSUPERVISION AND THAT I AM A DULYLICENSED PROFESSIONAL ENGINEERUNDER THE LAWS OF THE STATE OFMINNESOTA.03/29/24KENYON GREEN 18430 KENYON AVENUE, LAKEVILLE, MN 55044 RON CLARK CONSTRUCTION 7500 WEST 78TH STREET, EDINA, MN 55439UTILITY LEGEND:CATCH BASINGATE VALVE AND VALVE BOXSANITARY SEWERSTORM SEWERWATER MAINPROPOSED FIRE HYDRANTMANHOLEFES AND RIP RAPSEE SHEET C0.1 FOR GENERALUTILITY NOTESCONSTRUCTION LIMITSDRAINTILETRENCH DRAINREVISION SUMMARYDATEDESCRIPTIONC4.0UTILITY PLAN01" = 20'-0"20'-0"10'-0"NKnow what'sbelow.before you dig.CallRPage 253 of 532 8" PVC (Per Rec.)8" PVC8" PVC12" RCP12" RCPOwner: City of LakevilleEdge of Water[15] PondEdge of WaterBituminous SidewalkKENYON AVENUE(A Public R/W)[12] Temporary EasementPer Doc. No. 2287465[13 ] S t ree t , U t i l i ty & D ra inageEasemen t Pe r Do c . No . 1729802 12" R C P15" RCP12" RCP12" RCP[16] Wetland Pe rDelineation By O the rs15" RCPN89°54'54"E 595.29[12] Temporary EasementPer Doc. No. 22874652 0 " D . I . P . ( P e r R e c . )20" D.I.P. (Per Rec.)8" D . I . P .Wat. Stub.(Per Rec.)[13 ] Cen te r l ine pe rDoc. No . 1729802[13] Street, Utility & DrainageEasement Per Doc. No. 1729802[B] Town Road Easement (184th St)as Shown on Previous Surveyand County MappingS64°52'06"E 521.20N58 ° 5 9 ' 5 4 " E 25 6 . 0 5 74.94Δ=33°01'41"R=130.00S22° 5 0 ' 2 7 " W 3 8 7 . 6 6 N00°05'06"W 553.40 (Des c . = 4 2 5 . 2 8 ) (D e s c .=357 .25 ) 423. 2 6 355 . 6 5 Δ=8° 5 1 ' 0 4 " 51.98 STORM WATERPONDING AREAUPUPUPUP- - -- - - -UNIT D3102UNIT D1104UNIT C1106UNIT C1108CLUB ROOM130FITNESS131UNIT C1112UNIT D1114UNIT D116UNIT D5117UNIT A2 - TYPE A115UNIT A1113UNIT D1111OFFICE123LOBBY121OFFICE122ELEV. LOBBY128UNIT C1107UNIT C1105UNIT C2103UNIT D3101OUTDOOR DECK15' PKG. STBK50' BL D G . S T B K50' BLDG. STBK3 0 ' B LDG . S T B K 5' PK G . S T B K 1 5 ' P K G . S T B K5' PKG. STBK30' BLDG. STBKNOPARKING20' WETLAND STBK20' WETLAND STBK1/4" - 1'-0"37383536FIRST FLOORGARAGEWETLAND BOUNDARY17' MIN. WETLANDBUFFER100-YR HWL (996.85)LOT 1OUTLOT ACONSTRUCTIONLIMITSCONSTRUCTIONLIMITSCONSTRUCTIONLIMITSSOD, TYP.SAVANNA & WOODLANDEDGE SEED MIX, TYP.SOD,TYP.ROCK MAINTENANCESTRIP, WIDTH VARIES, TYP.EMERGENT WETLANDSEED MIXWET PRAIRIESEED MIXSOD,TYP.DECORATIVEROCKEOF=1004.00EOF=1002.79EOF=1005.00EOF=1005.00EOF=1002.00L1.0LANDSCAPE PLANCivil Engineering Surveying Landscape Architecture5000 Glenwood AvenueGolden Valley, MN 55422civilsitegroup.com 612-615-0060COPYRIGHT CIVIL SITE GROUP INC.cPROJECT P R E L I M I N A R Y : N O T F O R C O N S T R U C T I O N2023ISSUE/SUBMITTAL SUMMARYDATEDESCRIPTION2/2/2024 SKETCH PLAN SUBMITTAL3/29/2024 CITY SUBMITTALDRAWN BYREVIEWED BYPROJECT MANAGERPROJECT NUMBERLICENSE NO.DATEI HEREBY CERTIFY THAT THIS PLAN,SPECIFICATION, OR REPORT WASPREPARED BY ME OR UNDER MY DIRECTSUPERVISION AND THAT I AM A DULYLICENSED LANDSCAPE ARCHITECT UNDERTHE LAWS OF THE STATE OF MINNESOTA.25821Robert L. Binder03/29/24KENYON GREEN 18430 KENYON AVENUE, LAKEVILLE, MN 55044 RON CLARK CONSTRUCTION 7500 WEST 78TH STREET, EDINA, MN 55439 PROPOSED PERENNIAL PLANT SYMBOLS - SEE PLANTSCHEDULE AND PLAN FOR SPECIES AND PLANTING SIZESPROPOSED DECIDUOUS AND EVERGREEN SHRUB SYMBOLS - SEEPLANT SCHEDULE AND PLAN FOR SPECIES AND PLANTING SIZESPROPOSED ORNAMENTAL TREE SYMBOLS - SEE PLANTSCHEDULE AND PLAN FOR SPECIES AND PLANTING SIZESPROPOSED EVERGREEN TREE SYMBOLS - SEE PLANTSCHEDULE AND PLAN FOR SPECIES AND PLANTING SIZESPROPOSED CANOPY TREE SYMBOLS - SEEPLANT SCHEDULE AND PLAN FOR SPECIESAND PLANTING SIZESDECORATIVE BOULDERS (ROUNDED &BLOCK STYLE), 18"-30" DIA.LEGENDEDGING - SHALL BE COMMERCIAL GRADE, 4" DEPTHALUMINUM, BLACK OR DARK GREEN IN COLOR,INCLUDE ALL CONNECTORS, STAKES, & ALLAPPURTENANCES PER MANUF. INSTALL PER MANUF.INSTRUC./SPECS.SEE SHEET L1.1 FOR PLANTING SCHEDULESEE SHEET C0.1 FOR GENERALLANDSCAPE NOTESCONSTRUCTION LIMITSREVISION SUMMARYDATEDESCRIPTION01" = 20'-0"20'-0"10'-0"NKnow what'sbelow.before you dig.CallRPage 254 of 532 CODE COMMON / BOTANICAL NAMEQTYCONT NATIVE PLANTS POLLINATOR FRIENDLY2.5" OVERSTORY TREEAJ2.5Autumn Fest® Sugar Maple / Acer saccharum 'JFS-KW8'32.5" CAL. B&B NATIVE CULTIVARYPSG Princeton Sentry Gingko / Ginkgo biloba `Princeton Sentry`22.5" Cal. B&B NOT NATIVENGC2.5 True North™ Kentucky Coffeetree / Gymnocladus dioica 'UMNSynergy'22.5" CAL. B&B NATIVE CULTIVARNQB2.5 Swamp White Oak / Quercus bicolor12.5" CAL. B&BNATIVEYQP American Dream® Oak / Quercus bicolor 'JFS-KW12'32.5" CAL. B&B NATIVE CULTIVARNQM4 Burr Oak / Quercus macrocarpa22.5" CAL. B&BNATIVEQU2 Urban Pinnacle® Oak / Quercus macrocarpa 'JFS-KW3'32.5" Cal. B&B NATIVE CULTIVARQR2.5 Scarlet Letter Oak / Quercus robur x robur `Scarlet Letter`22.5" CAL. B&B NOT NATIVEYSUBTOTAL:182" ORNAMENTAL TREEAL2Spring Flurry Serviceberry / Amelanchier x laevis 'JFS-Arb'142" CAL. B&B NATIVE CULTIVARYCA Pagoda Dogwood / Cornus alternifolia12" CAL. B&BNATIVEYCL2 Saffron Sentinel Cornelian Cherry / Cornus mas 'JFS PN4Legacy' TM32" CAL. B&B NOT NATIVEYMPS2 Professor Sprenger Crabapple / Malus x `Professor Sprenger`22" CAL. B&B NATIVE CULTIVARYOV2 Ironwood / Ostrya virginiana72" CAL. B&BNATIVEYSUBTOTAL:276` HT. B&BPG White Spruce / Picea glauca86` HT. B&BNATIVEPDBlack Hills Spruce / Picea glauca `Densata`76` HT. B&B NATIVE CULTIVARSUBTOTAL:15EVERGREEN TREESPS3 White Pine / Pinus strobus46` B&BNATIVENSUBTOTAL:4CODE COMMON / BOTANICAL NAMEQTYSIZE NATIVE PLANTS POLLINATOR FRIENDLYSHRUBSCM Muskingham Gray Dogwood / Cornus racemosa `Muskingham`21#5 CONT NATIVE CULTIVARYCB Firedance Dogwood / Cornus sericea `Bailadeline` TM10#5 CONT NATIVE CULTIVARYHJ2Kalm St. Johnswort / Hypericum kalmianum7#2 CONTNATIVEYSS2 Mr. Mustard Ash Leaf Spirea / Sorbaria sorbifolia `SMNSSC`12#5 CONT NOT NATIVEYSUBTOTAL:50GRASSESDS Schottland Hair Grass / Deschampsia cespitosa `Schottland`73#1 CONTNATIVEYPN3Northwind Switch Grass / Panicum virgatum `North Wind`60#1 CONT NATIVE CULTIVARYSS Standing Ovation Little Bluestem Grass / Schizachyrium scoparium `Standing Ovation`39#1 CONT NATIVE CULTIVARYSH3 Prairie Dropseed / Sporobolus heterolepis12#1 CONTNATIVEYSUBTOTAL:184PERENNIALSAS3 Sun King Aralia / Aralia cordata `Sun King`4#2 CONT NOT NATIVEYAG3 Goatsbeard / Aruncus dioicus2#1 CONT NOT NATIVEYCR2 Hillside Black Beauty Snakeroot / Cimicifuga ramosa `Hillside Black Beauty`2#1 CONT NOT NATIVEYSUBTOTAL:8PURPLE PERENNIALSEMMagnus Purple Coneflower / Echinacea purpurea `Magnus`16#1 CONT NATIVE CULTIVARYNW2Walkers Low Catmint / Nepeta x faassenii `Walkers Low`12#1 CONT NOT NATIVEYSUBTOTAL:28WHITE PERENNIALSEP2PowWow White Coneflower / Echinacea purpurea `PAS702918` TM9#1 CONT NATIVE CULTIVARYHXSunday Gloves Daylily / Hemerocallis x `Sunday Gloves`12#1 CONT NOT NATIVEYSUBTOTAL:21YELLOW PERENNIALSCV Moonbeam Coreopsis / Coreopsis verticillata `Moonbeam`24#1 CONT NOT NATIVEYZAGolden Alexander / Zizia aurea32#1 CONTNATIVEYSUBTOTAL:56PLANT SCHEDULESYMBOL COMMON / BOTANICAL NAMEQTYSIZEGROUND COVERSDecorative Rock Mulch / Decorative Rock Mulch1 1/2" Screened Decorative Rock Mulch, Installed on Geotextile Fabric, 3"deep, w/ landscape eging. Provide Samples4,197 sfMulchShooting Star Seed Mix / Emergent Wetland MixSeeding Rate: 5 lb/acre (114.3 seeds/square foot). Cover w/ MnDOT Type 6Hydraulic Soil Stabilizer. Refer to MN Seeding Manual(2014 Edition) forseeding dates and install methods.6,194 sfSeed MixShooting Star Savanna & Woodland Edge / Savanna & Woodland Edge MixSeeding Rate: 10 lb/acre (52 seeds/square foot). Cover w/Straw Erosioncontrol Blanket Double Natural Net. Refer to MN Seeding Manual(2014Edition) for seeding dates and install methods.37,152 sfSeed MixBlue Grass Based / SodCommercial grade, locally grown, well rooted sod blend of improvedKentucky Bluegrass w/ uniform color, leaf texture, density and varietiesconsisting of a minimum of two and no more than four common cultivars.41,084 sfSodShooting Star Seed Mix / Wet Prairie MixSeeding Rate: 10 lb/acre (100.9 seeds/square foot). Cover w/ MnDOT Type6 Hydraulic Soil Stabilizer. Refer to MN Seeding Manual(2014 Edition) forseeding dates and install methods.12,230 sfSeed MixSUBTOTAL:100,857 sfPLANT SCHEDULEL1.1LANDSCAPE PLANNOTES & DETAILSCivil Engineering Surveying Landscape Architecture5000 Glenwood AvenueGolden Valley, MN 55422civilsitegroup.com 612-615-0060COPYRIGHT CIVIL SITE GROUP INC.cPROJECT P R E L I M I N A R Y : N O T F O R C O N S T R U C T I O N2023ISSUE/SUBMITTAL SUMMARYDATEDESCRIPTION2/2/2024 SKETCH PLAN SUBMITTAL3/29/2024 CITY SUBMITTALDRAWN BYREVIEWED BYPROJECT MANAGERPROJECT NUMBERLICENSE NO.DATEI HEREBY CERTIFY THAT THIS PLAN,SPECIFICATION, OR REPORT WASPREPARED BY ME OR UNDER MY DIRECTSUPERVISION AND THAT I AM A DULYLICENSED LANDSCAPE ARCHITECT UNDERTHE LAWS OF THE STATE OF MINNESOTA.25821Robert L. Binder03/29/24KENYON GREEN 18430 KENYON AVENUE, LAKEVILLE, MN 55044 RON CLARK CONSTRUCTION 7500 WEST 78TH STREET, EDINA, MN 55439 1. ENTIRE SITE SHALL BE FULLY IRRIGATED. THE CONTRACTOR SHALL SUBMIT IRRIGATION SHOPDRAWINGS FOR REVIEW AND APPROVAL BY THE LANDSCAPE ARCHITECT PRIOR TO INSTALLATION.2. PROVIDE SITE WIDE IRRIGATION SYSTEM DESIGN AND INSTALLATION. SYSTEM SHALL BE FULLYPROGRAMMABLE AND CAPABLE OF ALTERNATE DATE WATERING. THE SYSTEM SHALL PROVIDE HEADTO HEAD OR DRIP COVERAGE AND BE CAPABLE OF DELIVERING ONE INCH OF PRECIPITATION PERWEEK. SYSTEM SHALL EXTEND INTO THE PUBLIC RIGHT-OF-WAY TO THE EDGE OF PAVEMENT/BACKOF CURB.3. CONTRACTOR SHALL SECURE APPROVAL OF PROPOSED IRRIGATION SYSTEM INLCUDING PRICINGFROM OWNER, PRIOR TO INSTALLATION.4. SEE MECHANICAL AND ELECTRICAL PLANS AND SPECIFICATIONS FOR IRRIGATION WATER, METER,AND POWER CONNECTIONS.5. CONTRACTOR TO VERIFY LOCATION OF ALL UNDERGROUND/ABOVE GROUND FACILITIES PRIOR TOANY EXCAVATION/INSTALLATION. ANY DAMAGE TO UNDERGROUND/ABOVE GROUND FACILITIES SHALLBE THE RESPONSIBILITY OF THE CONTRACTOR AND COSTS ASSOCIATED WITH CORRECTINGDAMAGES SHALL BE BORNE ENTIRELY BY THE CONTRACTOR.6. SERVICE EQUIPMENT AND INSTALLATION SHALL BE PER LOCAL UTILITY COMPANY STANDARDS ANDSHALL BE PER NATIONAL AND LOCAL CODES. EXACT LOCATION OF SERVICE EQUIPMENT SHALL BECOORDINATED WITH THE LANDSCAPE ARCHITECT OR EQUIVALENT AT THE JOB SITE.7. CONTRACTOR SHALL COORDINATE WITH LOCAL UTILITY COMPANY FOR THE PROPOSED ELECTRICALSERVICE AND METERING FACILITIES.8. IRRIGATION WATER LINE CONNECTION SIZE IS 1-12" AT BUILDING. VERIFY WITH MECHANICAL PLANS.9. ALL MAIN LINES SHALL BE 18" BELOW FINISHED GRADE.10. ALL LATERAL LINES SHALL BE 12" BELLOW FINISHED GRADE.11. ALL EXPOSED PVC RISERS, IF ANY, SHALL BE GRAY IN COLOR.12. CONTRACTOR SHALL LAY ALL SLEEVES AND CONDUIT AT 2'-0" BELOW THE FINISHED GRADE OF THETOP OF PAVEMENT. EXTEND SLEEVES TO 2'-0" BEYOND PAVEMENT.13. CONTRACTOR SHALL MARK THE LOCATION OF ALL SLEEVES AND CONDUIT WITH THE SLEEVINGMATERIAL "ELLED" TO 2'-0" ABOVE FINISHED GRADE AND CAPPED.14. FABRICATE ALL PIPE TO MANUFACTURE'S SPECIFICATIONS WITH CLEAN AND SQUARE CUT JOINTS.USE QUALITY GRADE PRIMER AND SOLVENT CEMENT FORMULATED FOR INTENDED TYPE OFCONNECTION.15. BACKFILL ALL TRENCHES WITH SOIL FREE OF SHARP OBJECTS AND DEBRIS.16. ALL VALVE BOXES AND COVERS SHALL BE BLACK IN COLOR.17. GROUP VALVE BOXES TOGETHER FOR EASE WHEN SERVICE IS REQUIRED. LOCATE IN PLANT BEDAREAS WHENEVER POSSIBLE.18. IRRIGATION CONTROLLER LOCATION SHALL BE VERIFIED ON-SITE WITH OWNER'S REPRESENTATIVE.19. CONTROL WIRES: 14 GAUGE DIRECT BURIAL, SOLID COPPER IRRIGATION WIRE. RUN UNDER MAINLINE. USE MOISTURE-PROOF SPLICES AND SPLICE ONLY AT VALVES OR PULL BOXES. RUN SEPARATEHOT AND COMMON WIRE TO EACH VALVE AND ONE (1) SPARE WIRE AND GROUND TO FURTHESTVALVE FROM CONTROLLER. LABEL OR COLOR CODE ALL WIRES.20. AVOID OVER SPRAY ON BUILDINGS, PAVEMENT, WALLS AND ROADWAYS BY INDIVIDUALLY ADJUSTINGRADIUS OR ARC ON SPRINKLER HEADS AND FLOW CONTROL ON AUTOMATIC VALVE.21. ADJUST PRESSURE REGULATING VALVES FOR OPTIMUM PRESSURE ON SITE.22. USE SCREENS ON ALL HEADS.23. A SET OF AS-BUILT DRAWINGS SHALL BE MAINTAINED ON-SITE AT ALL TIMES IN AN UPDATEDCONDITION.24. ALL PIPE 3" AND OVER SHALL HAVE THRUST BLOCKING AT EACH TURN.25. ALL AUTOMATIC REMOTE CONTROL VALVES WILL HAVE 3" MINIMUM DEPTH OF 3/4" WASHED GRAVELUNDERNEATH VALVE AND VALVE BOX. GRAVEL SHALL EXTENT 3" BEYOND PERIMETER OF VALVE BOX.26. THERE SHALL BE 3" MINIMUM SPACE BETWEEN BOTTOM OF VALVE BOX COVER AND TOP OF VALVESTRUCTURE.IRRIGATION NOTES:FINISHED GRADE18" - VERIFY W/ PLANAGGREGATE MAINTANENCE STRIPN T SSLOPE - MIN. 2%, MAX. 5:1VERIFY W/ GRADING PLANMIN. 3" LAYER OF ROCK MULCH AS SPECIFIED.PROVIDE SAMPLE TO LANDSCAPE ARCHITECT FORAPPROVAL PRIOR TO INSTALLATIONFACE OF BUILDING, WALL, OR STRUCTURESTAKED LANDSCAPE EDGER AS SPECIFIED, SEEMANUFACTURER'S INSTRUCTIONS AND SPECS. FORINSTALLATION AND PLACEMENTWATER PERMEABLE GEOTEXTILE FABRIC AS SPECIFIEDCOMPACTED SUBGRADE1Know what'sbelow.before you dig.CallRPERENNIAL BED PLANTINGN T SPLANT TOP OF ROOTBALL 1-2" ABOVE ABOVESURROUNDING GRADEROOTS AT OUTER EDGE OF ROOTBALL LOOSENED TOENSURE PROPER BACKFILL-TO-ROOT CONTACTSLOPE SIDES OF HOLE OR VERTICAL SIDES AT EDGE OFPLANTING BEDEXISTING GRADEROCK OR ORGANIC MULCH, SEE GENERAL LANDSCAPENOTES AND PLAN NOTES FOR MULCH TYPE. KEEP MULCHMIN. 2" FROM PLANT STEMBACKFILL AS PER SPECIFICATIONDO NOT EXCAVATE BELOW ROOTBALL.SIZE VARIESSEE LANDSCAPE PLANMODIFY EXCAVATION BASED ON LOCATION OF PLANTMATERIAL AND DESIGN OF BEDS OR OVERALL PLANTPLACEMENT4DECIDUOUS & CONIFEROUS SHRUB PLANTINGN T SPRUNE AS FIELD DIRECTED BY THE LANDSCAPE ARCHITECTTO IMPROVE APPEARANCE (RETAIN NORMAL SHAPE FORSPECIES)PLANT TOP OF ROOTBALL 1-2" ABOVE ABOVESURROUNDING GRADEROOTS AT OUTER EDGE OF ROOTBALL LOOSENED TOENSURE PROPER BACKFILL-TO-ROOT CONTACTSLOPE SIDES OF HOLE OR VERTICAL SIDES AT EDGE OFPLANTING BEDEXISTING GRADEROCK OR ORGANIC MULCH, SEE GENERAL LANDSCAPENOTES AND PLAN NOTES FOR MULCH TYPE. KEEP MULCHMIN. 2" FROM PLANT TRUNKBACKFILL AS PER SPECIFICATIONDO NOT EXCAVATE BELOW ROOTBALL.THREE TIMES WIDTHOF ROOTBALLRULE OF THUMB - MODIFY EXCAVATION BASED ONLOCATION OF PLANT MATERIAL AND DESIGN OF BEDS OROVERALL PLANT PLACEMENT3THREE TIMES WIDTHOF ROOTBALLDECIDUOUS & CONIFEROUS TREE PLANTINGN T SPRUNE AS FIELD DIRECTED BY THE LANDSCAPE ARCHITECTTO IMPROVE APPEARANCE (RETAIN NORMAL TREE SHAPE)THREE 2"X4"X8' WOODEN STAKES, STAINED BROWN WITHTWO STRANDS OF WIRE TWISTED TOGETHER. STAKESSHALL BE PLACED AT 120° TO ONE ANOTHER. WIRE SHALLBE THREADED THROUGH NYLON STRAPPING WITHGROMMETS. ALTERNATE STABILIZING METHODS MAY BEPROPOSED BY CONTRACTOR.TRUNK FLARE JUNCTION: PLANT TREE 1"-2" ABOVEEXISTING GRADEMULCH TO OUTER EDGE OF SAUCER OR TO EDGE OFPLANTING BED, IF APPLICABLE. ROCK OR ORGANIC MULCH,SEE GENERAL LANDSCAPE NOTES AND PLAN NOTES FORMULCH TYPE. KEEP MULCH MIN. 2" FROM PLANT TRUNKEXISTING GRADECUT AND REMOVE BURLAP FROM TOP 1/3 OF ROOT BALL. IFNON-BIODEGRADABLE, REMOVE COMPLETELYSLOPE SIDES OF HOLE OR VERTICAL SIDES AT EDGE OFPLANTING BEDBACKFILL AS SPECIFIEDCOMPACT BOTTOM OF PIT, TYP.RULE OF THUMB - MODIFY EXCAVATION BASED ONLOCATION OF PLANT MATERIAL AND DESIGN OF BEDS OROVERALL PLANT PLACEMENT2REVISION SUMMARYDATEDESCRIPTIONSEE SHEET L1.0 FOR GENERAL LEGENDPage 255 of 532 8" PVC (Per Rec.)8" PVC8" PVCSan. Stub(Per Rec.)12" CMP12" RCP12" RCP12" RCPConcreteGravelGravel NO BUILDINGSPID: 220130031010Address: 18430 Kenyon AvenueEdge of Water[15] PondEdge of WaterBituminous SidewalkKENYON AVENUE(A Public R/W)[12] Temporary EasementPer Doc. No. 2287465[13 ] S t ree t , U t i l i ty & D ra inageEasemen t Pe r Do c . No . 1729802 12" R C P15" RCP12" RCP12" RCP[16] Wetland Pe rDelineation By O the rs Wire FenceFound 1/2 InchOpen Iron PipeFound R/W Monument15" RCP[B] Centerline of TownRoad (184th Street)Per DescriptionN89°54'54"E 595.29[12] Temporary EasementPer Doc. No. 22874652 0 " D . I . P . ( P e r R e c . )20" D.I.P. (Per Rec.)8" D . I . P .Wat. Stub.(Per Rec.)[13 ] Cen te r l ine pe rDoc. No . 1729802[13] Street, Utility & DrainageEasement Per Doc. No. 1729802[B] Town Road Easement (184th St)as Shown on Previous Surveyand County MappingS64°52'06"E 521.20N58 ° 5 9 ' 5 4 " E 2 56 . 0 5 74.94Δ=33°01'41"R=130.00S22° 5 0 ' 2 7 " W 3 8 7 . 6 6 N00°05'06"W 553.40 Monument Falls in RoadwayNo Monument Found or Set[A] Center Line of Town Road (184th St)Per the Plat of Prairie Lake 1st Addition(Des c . = 4 2 5 . 2 8 ) (D e s c .=357 .25 ) 423. 2 6 3 5 5 . 6 5 Δ=8° 5 1 ' 0 4 " 51.98 INLET PROTECTIONAT EXISTINGCATCH BASINBEING REMOVED,TYP.CONSTRUCTIONENTRANCECONTRACTOR TO PROVIDEINLET PROTECTION AT ALLDOWNSTREAM CATCHBASINS.DOUBLE EROSION CONTROLAT CONSTRUCTION LIMITSTOWARD WETLAND, FENCINGSPACED 4 FEET APARTPERIMETER EROSIONCONTROL ATCONSTRUCTION LIMITS, TYP.PERIMETER EROSIONCONTROL ATCONSTRUCTION LIMITS, TYP.PERIMETER EROSIONCONTROL ATCONSTRUCTION LIMITS, TYP.PERIMETER EROSIONCONTROL ATCONSTRUCTION LIMITS, TYP.INLET PROTECTION ATEXISTING CATCH BASINTO REMAIN, TYPBUFFER INFO25' AVG. BUFFER AREA = 9,195 SFPROP. BUFFER AREA = 10,471 SFWETLANDMANAGE II (25' AVG. BUFFER)NWL = 993.49HWL = 996.85EOF = 998.3015' PKG. STBK50' BL D G . S T B K50' BLDG. STBK3 0 ' B LDG . S T B K 5' PK G . S T B K 1 5 ' P K G . S T B K5' PKG. STBK30' BLDG. STBK20' WETLAND STBK20' WETLAND STBKWETLAND BOUNDARY17' MIN. WETLANDBUFFER100-YR HWL (996.85)LOT 1OUTLOT ACONSTRUCTIONLIMITSCONSTRUCTIONLIMITSCONSTRUCTIONLIMITSCivil Engineering Surveying Landscape Architecture5000 Glenwood AvenueGolden Valley, MN 55422civilsitegroup.com 612-615-0060COPYRIGHT CIVIL SITE GROUP INC.cPROJECT P R E L I M I N A R Y : N O T F O R C O N S T R U C T I O N2023ISSUE/SUBMITTAL SUMMARYDATEDESCRIPTION2/2/2024 SKETCH PLAN SUBMITTAL3/29/2024 CITY SUBMITTALDRAWN BYREVIEWED BYPROJECT MANAGERPROJECT NUMBER48776David J. KnaebleLICENSE NO.DATEI HEREBY CERTIFY THAT THIS PLAN,SPECIFICATION, OR REPORT WASPREPARED BY ME OR UNDER MY DIRECTSUPERVISION AND THAT I AM A DULYLICENSED PROFESSIONAL ENGINEERUNDER THE LAWS OF THE STATE OFMINNESOTA.03/29/24KENYON GREEN 18430 KENYON AVENUE, LAKEVILLE, MN 55044 RON CLARK CONSTRUCTION 7500 WEST 78TH STREET, EDINA, MN 55439SW1.0SWPPP - EXISTINGCONDITIONS1. RESERVED FOR CITY SPECIFIC EROSION CONTROL NOTES.CITY OF LAKEVILLE EROSION CONTROL NOTES:LEGEND:EX. 1' CONTOUR ELEVATION INTERVALINLET PROTECTIONSTABILIZED CONSTRUCTION ENTRANCEDRAINAGE ARROWSILT FENCE / BIOROLL - GRADING LIMIT1125ALL SPECIFIED EROSION AND SEDIMENT CONTROLPRACTICES, AND MEASURES CONTAINED IN THISSWPPP ARE THE MINIMUM REQUIREMENTS.ADDITIONAL PRACTICES MAY BE REQUIRED DURINGTHE COURSE OF CONSTRUCTION.REVISION SUMMARYDATEDESCRIPTION1. ALL EXISTING UTILITY LOCATIONS SHOWN ARE APPROXIMATE. CONTACT "GOPHER STATE ONE CALL" (651-454-0002 OR800-252-1166) FOR UTILITY LOCATIONS, 48 HOURS PRIOR TO CONSTRUCTION. THE CONTRACTOR SHALL REPAIR ORREPLACE ANY UTILITIES THAT ARE DAMAGED DURING CONSTRUCTION AT NO COST TO THE OWNER.2. THIS PROJECT IS GREATER THAN ONE ACRE AND WILL REQUIRE AN MPCA NPDES PERMIT. CONTRACTOR ISRESPONSIBLE FOR OBTAINING ANY EROSION CONTROL PERMITS REQUIRED BY THE CITY.3. SEE SHEETS SW1.0 - SW1.3 FOR ALL EROSION CONTROL NOTES, DESCRIPTIONS, AND PRACTICES.4. SEE GRADING PLAN FOR ADDITIONAL GRADING AND EROSION CONTROL NOTES.5. CONTRACTOR IS RESPONSIBLE FOR SWPPP IMPLEMENTATION, INSPECTIONS, AND COMPLIANCE WITH NPDES PERMIT.SWPPP NOTES:01" = 20'-0"20'-0"10'-0"NKnow what'sbelow.before you dig.CallRPage 256 of 532 8" PVC (Per Rec.)8" PVC8" PVC12" RCP12" RCP Edge of Water[15] PondEdge of WaterBituminous SidewalkKENYON AVENUE(A Public R/W)[12] Temporary EasementPer Doc. No. 2287465[13 ] S t ree t , U t i l i ty & D ra inageEasemen t Pe r Do c . No . 1729802 12" R C P15" RCP12" RCP[16] Wetland Pe rDelineation By O the rs Found 1/2 InchOpen Iron PipeFound R/W Monument15" RCP[B] Centerline of TownRoad (184th Street)Per DescriptionN89°54'54"E 595.29[12] Temporary EasementPer Doc. No. 22874652 0 " D . I . P . ( P e r R e c . )20" D.I.P. (Per Rec.)8" D . I . P .Wat. Stub.(Per Rec.)[13 ] Cen te r l ine pe rDoc. No . 1729802[13] Street, Utility & DrainageEasement Per Doc. No. 1729802[B] Town Road Easement (184th St)as Shown on Previous Surveyand County MappingS64°52'06"E 521.20N5 8 ° 5 9 ' 5 4 " E 2 5 6 . 0 5 74.94Δ=33°01'41"R=130.00S22° 5 0 ' 2 7 " W 3 8 7 . 6 6 N00°05'06"W 553.40 Monument Falls in RoadwayNo Monument Found or Set[A] Center Line of Town Road (184th St)Per the Plat of Prairie Lake 1st Addition(Des c . = 4 2 5 . 2 8 ) (D e s c .=357 .25 )Plat of Prairie Lake 1st Addition423. 2 6 3 5 5 . 6 5 Δ=8° 5 1 ' 0 4 " 51.98 PLACE EROSIONCONTROL BLANKETON ALL SLOPES 4:1 ORSTEEPER, TYP.(MNDOT CATEGORY 3)CONSTRUCTIONENTRANCECONTRACTOR TO PROVIDEINLET PROTECTION AT ALLDOWNSTREAM CATCHBASINS.DOUBLE EROSION CONTROLAT CONSTRUCTION LIMITSTOWARD WETLAND, FENCINGSPACED 4 FEET APARTPERIMETER EROSIONCONTROL ATCONSTRUCTION LIMITS, TYP.PERIMETER EROSIONCONTROL ATCONSTRUCTION LIMITS, TYP.PERIMETER EROSIONCONTROL ATCONSTRUCTION LIMITS, TYP.PERIMETER EROSIONCONTROL ATCONSTRUCTION LIMITS, TYP.INLET PROTECTION ATEXISTING CATCH BASINTO REMAIN, TYPINLET PROTECTION ATPROPOSED CATCHBASIN, TYPINLET PROTECTION ATPROPOSED CATCHBASIN, TYPINSTALL REDUNDANTEROSION CONTROLAROUNDSTORMWATER BASINONCE CONSTRUCTEDPLACE EROSIONCONTROL BLANKETON ALL SLOPES 4:1 ORSTEEPER, TYP.(MNDOT CATEGORY 3)STORM WATERPONDING AREAUPUPUPUP- - -- - - -UNIT D3102UNIT D1104UNIT C1106UNIT C1108CLUB ROOM130FITNESS131UNIT C1112UNIT D1114UNIT D116UNIT D5117UNIT A2 - TYPE A115UNIT A1113UNIT D1111OFFICE123LOBBY121OFFICE122ELEV. LOBBY128UNIT C1107UNIT C1105UNIT C2103UNIT D3101OUTDOOR DECKBUFFER INFO25' AVG. BUFFER AREA = 9,195 SFPROP. BUFFER AREA = 10,471 SFWETLANDMANAGE II (25' AVG. BUFFER)NWL = 993.49HWL = 996.85EOF = 998.3015' PKG. STBK50' BL D G . S T B K50' BLDG. STBK3 0 ' B LDG . S T B K 5' PK G . S T B K 1 5 ' P K G . S T B K5' PKG. STBK30' BLDG. STBKNOPARKING20' WETLAND STBK20' WETLAND STBK1/4" - 1'-0"37383536FIRST FLOORGARAGEWETLAND BOUNDARY17' MIN. WETLANDBUFFER100-YR HWL (996.85)LOT 1OUTLOT ACONSTRUCTIONLIMITSCONSTRUCTIONLIMITSCONSTRUCTIONLIMITSEOF=1004.00EOF=1002.79EOF=1005.00EOF=1005.00EOF=1002.00Civil Engineering Surveying Landscape Architecture5000 Glenwood AvenueGolden Valley, MN 55422civilsitegroup.com 612-615-0060COPYRIGHT CIVIL SITE GROUP INC.cPROJECT P R E L I M I N A R Y : N O T F O R C O N S T R U C T I O N2023ISSUE/SUBMITTAL SUMMARYDATEDESCRIPTION2/2/2024 SKETCH PLAN SUBMITTAL3/29/2024 CITY SUBMITTALDRAWN BYREVIEWED BYPROJECT MANAGERPROJECT NUMBER48776David J. KnaebleLICENSE NO.DATEI HEREBY CERTIFY THAT THIS PLAN,SPECIFICATION, OR REPORT WASPREPARED BY ME OR UNDER MY DIRECTSUPERVISION AND THAT I AM A DULYLICENSED PROFESSIONAL ENGINEERUNDER THE LAWS OF THE STATE OFMINNESOTA.03/29/24KENYON GREEN 18430 KENYON AVENUE, LAKEVILLE, MN 55044 RON CLARK CONSTRUCTION 7500 WEST 78TH STREET, EDINA, MN 55439SW1.1SWPPP - PROPOSEDCONDITIONSREVISION SUMMARYDATEDESCRIPTION1. RESERVED FOR CITY SPECIFIC EROSION CONTROL NOTES.CITY OF LAKEVILLE EROSION CONTROL NOTES:LEGEND:EX. 1' CONTOUR ELEVATION INTERVALINLET PROTECTIONSTABILIZED CONSTRUCTION ENTRANCEDRAINAGE ARROWSILT FENCE / BIOROLL - GRADING LIMIT1125ALL SPECIFIED EROSION AND SEDIMENT CONTROLPRACTICES, AND MEASURES CONTAINED IN THISSWPPP ARE THE MINIMUM REQUIREMENTS.ADDITIONAL PRACTICES MAY BE REQUIRED DURINGTHE COURSE OF CONSTRUCTION.1. ALL EXISTING UTILITY LOCATIONS SHOWN ARE APPROXIMATE. CONTACT "GOPHER STATE ONE CALL" (651-454-0002 OR800-252-1166) FOR UTILITY LOCATIONS, 48 HOURS PRIOR TO CONSTRUCTION. THE CONTRACTOR SHALL REPAIR ORREPLACE ANY UTILITIES THAT ARE DAMAGED DURING CONSTRUCTION AT NO COST TO THE OWNER.2. THIS PROJECT IS GREATER THAN ONE ACRE AND WILL REQUIRE AN MPCA NPDES PERMIT. CONTRACTOR ISRESPONSIBLE FOR OBTAINING ANY EROSION CONTROL PERMITS REQUIRED BY THE CITY.3. SEE SHEETS SW1.0 - SW1.3 FOR ALL EROSION CONTROL NOTES, DESCRIPTIONS, AND PRACTICES.4. SEE GRADING PLAN FOR ADDITIONAL GRADING AND EROSION CONTROL NOTES.5. CONTRACTOR IS RESPONSIBLE FOR SWPPP IMPLEMENTATION, INSPECTIONS, AND COMPLIANCE WITH NPDES PERMIT.SWPPP NOTES:01" = 20'-0"20'-0"10'-0"NKnow what'sbelow.before you dig.CallRPage 257 of 532 -------UPSTAIRGARAGETRASHELEV. EQUIP.ELEV LOBBY 65 INDOOR PARKING SPACES 18' - 4 3/4"24' - 0"18' - 2 3/4"FDWATER SERVICEFE ELECTRICAL SANITARYWATER SUPPLY -SEE CIVIL MAU BIKE STORAGE GAS METER 27' - 0" TYP. UNO 9' - 0"L101AL101B1/4" - 1'-0"1/4" - 1'-0"1/4" - 1'-0"1/4" - 1'-0" 1/4" - 1'-0"1/4" - 1'-0"1/4" - 1'-0"1/4" - 1'-0" 1/4" - 1'-0"1/4" - 1'-0"1/4" - 1'-0"1/4" - 1'-0" 1/4" - 1'-0"1/4" - 1'-0"1/4" - 1'-0"1/4" - 1'-0" 1/4" - 1'-0"1/4" - 1'-0"1/4" - 1'-0"1/4" - 1'-0" 1/4" - 1'-0"1/4" - 1'-0"1/4" - 1'-0"1/4" - 1'-0" N 1/4" - 1'-0"1/4" - 1'-0"1/4" - 1'-0"1/4" - 1'-0"1/4" - 1'-0"1/4" - 1'-0"1234567891011121314151617181920212223242526272829303132333464633738394041424344454748464950515253545556576259606183' - 4 3/4"72' - 0 3/4"TYP. 27' - 0"35366558ELECTRICAL SERVICE 344' - 6" 334' - 11 1/2"UNIT D3UNIT D1UNIT C1 UNIT C1CLUB ROOMFITNESSUNIT C1 UNIT D1UNIT D3UNIT D5UNIT A2 - TYPE AUNIT A1UNIT D1OFFICE LOBBYOFFICEELEV. LOBBYUNIT C1UNIT C1UNIT C2UNIT D382' - 11 3/4"OUTDOOR DECK FIRE DEPT. CONNECTION N 343' - 5 1/2" 343' - 1 1/2" 53' - 3 3/8"9' - 5"26' - 3 1/2"44' - 0"87' - 0"34' - 0"34' - 3 1/2"9' - 5"41' - 10 3/8"35' - 7 7/8"35' - 11 7/8"41' - 6 1/4"44' - 0"34' - 0"34' - 0"62' - 0"34' - 0"44' - 0"41' - 6 1/4"46' - 11 7/8"35' - 11 7/8"71' - 7 1/8"ATMTUSHIE MONTGOMERY KENYON GREEN | 03/29/24 GARAGE/ 1ST FLOOR PLAN | A1 18430 KENYON AVENUE, LAKEVILLE, MN 55044 | 223052A SCALE 3/32" = 1'-0"1GARAGE PLAN SCALE 3/32" = 1'-0"21ST FLOOR PLAN Page 259 of 532 ------UP------------UNIT D1UNIT D3UNIT D5UNIT C2UNIT C1 UNIT C1UNIT C1UNIT D1UNIT D3UNIT D3UNIT A2UNIT C1UNIT D1UNIT D1UNIT D1N 334' - 4"82' - 2 3/4"338' - 3 1/2"UNIT C3 - TYPE AUNIT A153' - 2 3/4"9' - 5"26' - 3 1/2"44' - 0"34' - 0"34' - 3 1/2"9' - 5"41' - 8 3/4"35' - 7 7/8"35' - 11 7/8"41' - 5 1/4"44' - 0"34' - 0"34' - 0"8' - 0"44' - 0"44' - 0"44' - 0"41' - 5 1/4"46' - 11 7/8"35' - 11 7/8"71' - 7 3/4"RIDGE VENT, TYP. RIDGE VENT RIDGE VENT 6" / 12"6" / 12" TRASH EXHAUST VENT 347' - 4 3/4"23' - 6 3/8"28' - 1 1/4"23' - 6 3/8"75' - 2"338' - 0 3/4"21' - 7 5/8"10' - 7 3/4"30' - 8 1/4"23' - 6 3/8"86' - 6"N 248' - 6 1/2" 6" / 12"6" / 12"6" / 12" 16' - 10"6" / 12"6" / 12"6" / 12"6" / 12"16' - 8 1/4"ATMTUSHIE MONTGOMERY KENYON GREEN | 03/29/242ND-3RD/ ROOF FLOOR PLAN | A218430 KENYON AVENUE, LAKEVILLE, MN 55044 | 223052A SCALE 3/32" = 1'-0"12ND- 3RD FLOOR PLAN SCALE 3/32" = 1'-0"2ROOFPage 260 of 532 1ST FLOOR 100' -0" 2ND FLOOR 110' -2 5/8" 3RD FLOOR 120' -4 1/2" ROOF LEVEL 128' -4 7/8" GARAGE 89' -4" SIDING #3 SIDING #3 BRICK #1 SIDING #1 SIDING #1 BRICK #1 SIDING #4 SIDING #3 BRICK #1 SIDING #3 SIDING #3 SIDING #3 SIDING #4 SIDING #4 SIDING #1 BRICK #1 SIDING #3 SIDING #1 SIDING #3 SIDING #1 SIDING #1 STONE #1 BRICK #1 BRICK #1 STONE #1 STONE #1 BRICK #2SIDING #3BRICK #2BRICK #2STONE #1BRICK #2BRICK #2BRICK #2BRICK #2 ROOF #1ROOF #1 STONE #1 BRICK #1STONE #1STONE #1 BUILDING HEIGHT41' - 4 3/8"MEAN GROUND LEVEL EXTERIOR FINISH SCHEDULE BRICK #1 MANUFACTURER HEBRON COLOR DAKOTA COMMON SIZE UTILITY BRICK MORTAR PRISM P3912, GLADIOLA SIDING #1 MANUFACTURER JAMES HARDIE TYPE HARDIE PLANK COLOR AUTUMN TAN SIZE 4" LAP BRICK #2 -SOLDIER COURSING MANUFACTURER HEBRON COLOR DAKOTA COMMON SIZE UTILITY BRICK MORTAR PRISM P3912, GLADIOLA SIDING #3 MANUFACTURER CFB COLOR AUTUMN TAN TYPE CEMENT BOARD PANEL PROFILE BOARD AND BATTEN STONE #1 MANUFACTURER CULTURED STONE COLOR 50/50 BLEND SOUTHERN LEDGE CHARDONNAY SOUTHERN LEDGE BUCKS COUNTY SUPPLIER BROCK WHITE SIDING #4 MANUFACTURER ALSIDE TYPE VINYL SHAKE COLOR TUSCAN CLAY PROFILE SHAKE ROOF #1 MANUFACTURER CERTAIN TEED TYPE ARCHITECTURAL ASPHALT SHINGLES COLOR WEATHERED WOOD SOFFIT / FASCIA MANUFACTURER NAPCO TYPE PREFINISHED ALUMINUM COLOR IVORY GUTTERS MANUFACTURER NAPCO TYPE PREFINISHED ALUMINUM COLOR IVORY BALCONIES RAIL / STRUCTURE AND BRACKETS TYPE PREFINISHED ALUMINUM COLOR DARK BRONZE DECKING COLOR DARK BRONZE MANUFACTURER MAGIC-PAK TYPE METAL KYNAR FINISH COLORS SURREY BEIGE (SIDING #1) MAGIC PAK GRILLS MANUFACTURER PRIMEX TYPE METAL KYNAR FINISH COLORS DARK GREY (BRICK, STONE) TAUPE (SIDING #1) EXHAUST GRILLS MANUFACTURER DOORLINK TYPE PREFINISHED ALUMINUM COLOR ALMOND GARAGE DOOR SIDING TRIM MANUFACTURER HARDIE CFB TYPE VINYL SHAKE COLOR SAIL CLOTH SIZE PER ELEVATIONS STUCCO #1 MANUFACTURER TBD TYPE CEMENTITIOUS STUCCO COLOR TO MATCH SIDING #2 FINISH MEDIUM SIDING #2 MANUFACTURER JAMES HARDIE TYPE HARDIE PLANK COLOR TIMBERBARK SIZE 7" LAP 1ST FLOOR 100' -0" 2ND FLOOR 110' -2 5/8" 3RD FLOOR 120' -4 1/2" ROOF LEVEL 128' -4 7/8" GARAGE 89' -4" BRICK #2 BRICK #1 SIDING #4 SIDING #3 SIDING #2BRICK #1 BRICK #2 SIDING #3 BRICK #1 ROOF #1 STONE #1 BUILDING HEIGHT41' - 4 3/8"GARAGE EXHAUST LOUVERBUILDING HEIGHT36' - 10"MEAN GROUND LEVELATM TUSHIE MONTGOMERY KENYON GREEN | 03/29/24EXTERIOR ELEVATIONS | A318430 KENYON AVENUE, LAKEVILLE, MN 55044 | 223052A SCALE 3/32" = 1'-0"1NORTH ELEVATION EXTERIOR WALL SCHEDULE -OVERALL BUILDING EXTERIOR - 4" EXPOSURE LAP SIDING OVER 2x6 WOOD STUDS 2,135 SF 8% EXTERIOR - 7" EXPOSURE LAP SIDING OVER 2x6 WOOD STUDS 4,669 SF 18% EXTERIOR - BRICK OVER 2x6 WOOD STUDS 7,163 SF 27% EXTERIOR - BRICK OVER CAST CONCRETE 1,905 SF 7% EXTERIOR - CEMENT BOARD PANEL SIDING OVER 2x6 WOOD STUDS 5,627 SF 21% EXTERIOR - STONE OVER 2x6 WOOD STUDS 3,070 SF 12% EXTERIOR - STUCCO OVER CAST CONCRETE 1,058 SF 4% EXTERIOR - VINYL SHAKE SIDING OVER 2x6 WOOD STUDS 775 SF 3% Grand total 26,402 SF SCALE 3/32" = 1'-0"2WEST ELEVATION Page 261 of 532 1ST FLOOR 100' -0" 2ND FLOOR 110' -2 5/8" 3RD FLOOR 120' -4 1/2" ROOF LEVEL 128' -4 7/8" GARAGE 89' -4" SIDING #4 SIDING #2 SIDING #3 SIDING #3SIDING #3 BRICK #2BRICK #2 BRICK #1BRICK #1 SIDING #4 SIDING #4 SIDING #4 SIDING #2 SIDING #2 SIDING #3 SIDING #2 SIDING #3 SIDING #2SIDING #2SIDING #3 ROOF #1 STUCCO #1STUCCO #1STUCCO #1 BUILDING HEIGHT41' - 4 3/8"STONE #1 STONE #1 MEAN GROUND LEVEL 1ST FLOOR 100' -0" 2ND FLOOR 110' -2 5/8" 3RD FLOOR 120' -4 1/2" ROOF LEVEL 128' -4 7/8" GARAGE 89' -4" STONE #1 SIDING #3 SIDING #1 BRICK #1 SIDING #4 BRICK #1BRICK #1 SIDING #3BRICK #2 BRICK #2 BRICK #2 ROOF #1 ROOF #1 BUILDING HEIGHT36' - 10"UNIT BALCONY COMMUNITY DECK SIDING #2 BUILDING HEIGHT41' - 4 3/8"MEAN GROUND LEVEL 5' - 7 3/8"10' - 0" BRICK #1 CAST STONE CAP CAST STONE SPLITFACE CMU BRICK #2ATM TUSHIE MONTGOMERY KENYON GREEN | 03/29/24EXTERIOR ELEVATIONS | A418430 KENYON AVENUE, LAKEVILLE, MN 55044 | 223052A SCALE 3/32" = 1'-0"1SOUTH ELEVATION SCALE 3/32" = 1'-0"2EAST ELEVATION SCALE 1/4" = 1'-0"3MONUMENT SIGN Page 262 of 532 -BEDROOM 1 145 SF CLOSET BATHROOM WASHER / DRYERKITCHEN / LIVING ROOM 752 SFUNIT A1749 SFUNIT A2 - TYPE ABEDROOM 1 138 SF CLOSET BATHROOM WASHER / DRYER KITCHEN / LIVING ROOM 747 SFUNIT A2BEDROOM 1 131 SF CLOSET BATHROOM WASHER / DRYER KITCHEN / LIVING ROOMATM TUSHIE MONTGOMERY KENYON GREEN | 03/29/241 BED -UNIT A1/ A2 | A518430 KENYON AVENUE, LAKEVILLE, MN 55044 | 223052A SCALE 1/4" = 1'-0"1UNIT A1 SCALE 1/4" = 1'-0"2UNIT A2 - TYPE A SCALE 1/4" = 1'-0"3UNIT A2 - TYPE B Page 263 of 532 --984 SFUNIT C1BEDROOM 1 134 SF CLOSET WASHER / DRYERKITCHEN / LIVING ROOM MASTER BEDROOM 152 SF CLOSET BATHROOMBATHROOM 966 SFUNIT C2MASTER BEDROOM 140 SF CLOSET WASHER / DRYERKITCHEN / LIVING ROOM BATHROOMBEDROOM 1 126 SF CLOSET BATHROOM 1,203 SFUNIT C3 - TYPE ACLOSET BATHROOM WASHER / DRYER KITCHEN / LIVING ROOM MASTER BEDROOM 169 SF CLOSET BATHROOM BEDROOM 1 122 SF BATHROOMATM TUSHIE MONTGOMERY KENYON GREEN | 03/29/242 BED -UNIT C1/ C2/ C3 | A618430 KENYON AVENUE, LAKEVILLE, MN 55044 | 223052A SCALE 1/4" = 1'-0"1UNIT C1 SCALE 1/4" = 1'-0"2UNIT C2 SCALE 1/4" = 1'-0"3UNIT C3 ADA SCALE 1/4" = 1'-0"4UNIT C3 - ALTERNATE BATHROOM Page 264 of 532 1,253 SFUNIT D1BEDROOM 1 133 SF CLOSET BATHROOM WASHER / DRYER KITCHEN / LIVING ROOM BATHROOM BEDROOM 2 156 SF CLOSET MASTER BEDROOM 159 SF CLOSET 1,299 SFUNIT D3BEDROOM 1 123 SF CLOSET BATHROOM WASHER / DRYER KITCHEN / LIVING ROOM BEDROOM 2 120 SF CLOSET CLOSET MASTER BEDROOM 186 SF BATHROOM 1,289 SFUNIT D5BEDROOM 1 122 SF BATHROOMWASHER / DRYER KITCHEN / LIVING ROOM BEDROOM 2 100 SF CLOSET MASTER BEDROOM 140 SF CLOSETBATHROOM CLOSETATM TUSHIE MONTGOMERY KENYON GREEN | 03/29/243 BED -UNIT D1/ D3 | A718430 KENYON AVENUE, LAKEVILLE, MN 55044 | 223052A SCALE 1/4" = 1'-0"1UNIT D1SCALE 1/4" = 1'-0"2UNIT D3SCALE 1/4" = 1'-0"3UNIT D5Page 265 of 532 799 SFCLUB ROOM512 SFFITNESS 138 SFSTORAGEMEN'S 121 SF MAINT./ELEC.ELEV. LOBBYVESTIBULE 230 SFOFFICE107 SFPACK.TRASH179 SFOFFICE506 SFLOBBYWOMEN'SOUTDOOR DECKATM TUSHIE MONTGOMERY KENYON GREEN | 03/29/24ENLARGED COMMON SPACE | A818430 KENYON AVENUE, LAKEVILLE, MN 55044 | 223052A SCALE 1/4" = 1'-0"1COMMON SPACE Page 266 of 532 NOPARKINGNOPARKINGFIRST FLOORGARAGE0.10.10.10.10.10.20.10.10.10.20.30.40.20.20.10.10.10.10.30.40.70.91.11.21.31.21.11.00.80.70.50.30.20.10.10.10.20.30.50.91.21.51.71.81.71.51.31.00.80.60.40.20.10.10.10.10.30.61.01.51.92.32.42.31.91.51.21.00.60.40.20.10.10.10.20.30.61.11.72.42.93.43.22.51.81.31.00.60.40.20.10.10.10.10.10.20.30.50.91.62.23.03.93.82.71.71.20.80.50.30.20.10.10.10.10.20.20.40.71.11.52.13.13.02.01.20.80.60.40.20.10.10.20.20.20.20.20.30.40.60.81.20.80.50.30.20.10.10.10.30.30.20.20.20.30.30.30.20.10.10.10.40.50.40.40.30.20.20.10.10.10.60.70.70.60.40.30.10.10.60.91.01.00.90.60.30.20.10.91.21.31.31.20.80.40.20.71.21.51.71.71.40.90.50.31.01.61.82.22.41.91.00.50.10.10.61.31.82.33.03.42.51.30.60.10.10.20.40.91.51.92.63.53.82.71.40.70.40.10.10.30.51.01.41.92.63.13.02.11.20.60.30.20.10.10.10.10.20.30.60.91.31.82.22.31.81.20.20.10.10.10.10.20.30.50.71.01.31.61.51.10.70.50.60.30.20.20.30.50.60.80.90.80.65.92.80.70.20.20.20.30.40.40.50.40.312.93.80.70.20.10.20.20.20.20.30.21.81.40.50.20.10.10.10.20.20.20.10.20.30.20.20.20.20.20.20.20.20.10.10.20.20.20.20.30.30.30.30.10.10.20.20.30.40.40.40.40.10.10.20.20.30.40.50.60.60.60.60.10.10.10.20.20.30.40.60.80.91.01.00.90.70.50.20.20.10.10.20.20.40.60.81.11.51.71.61.41.00.70.40.30.20.10.10.10.20.30.40.61.01.52.02.42.41.91.30.80.50.30.20.10.10.10.20.30.40.71.11.62.42.92.82.11.40.90.50.30.20.10.10.10.20.30.50.71.11.62.32.82.72.11.40.90.50.30.20.10.10.10.30.40.50.71.01.41.92.22.11.71.20.80.50.30.20.10.10.10.71.00.80.70.81.01.31.41.41.20.90.60.40.30.20.10.10.15.22.30.80.70.70.90.90.90.80.70.50.40.20.20.10.10.17.13.00.80.50.50.60.60.60.50.50.40.30.20.20.10.10.11.53.11.60.60.40.40.40.40.40.40.30.30.20.20.10.10.10.10.40.60.50.30.30.30.30.30.30.30.30.20.20.20.10.10.10.10.20.20.30.30.30.30.30.30.30.30.30.20.20.20.10.10.10.10.10.20.20.20.30.30.30.30.30.30.30.30.20.20.10.10.10.10.10.20.20.20.30.30.40.40.40.40.40.30.30.20.20.10.10.10.10.10.20.20.30.40.50.50.60.60.60.50.40.40.30.20.10.10.10.10.20.20.30.40.50.70.80.91.00.90.80.60.50.30.20.20.10.10.10.21.20.40.40.60.91.21.41.51.41.10.80.60.40.30.20.10.10.18.32.30.50.50.71.11.62.12.32.01.51.00.70.40.30.20.10.10.10.20.50.50.81.21.92.62.82.51.81.20.70.50.30.20.10.10.10.20.30.50.81.21.92.62.92.51.81.20.70.50.30.20.10.10.10.20.30.40.71.11.62.22.32.11.51.00.70.40.30.20.10.10.10.20.20.40.60.91.21.51.61.41.10.80.60.40.20.20.10.10.10.10.20.30.50.60.80.91.00.90.80.60.40.30.20.10.10.10.10.10.20.20.30.40.50.60.60.60.50.40.30.20.20.10.10.10.21.45.06.25.73.20.60.10.10.10.20.20.30.30.40.40.40.30.30.20.20.10.10.10.10.20.81.82.42.11.30.40.10.10.10.10.20.20.20.20.20.20.20.20.20.10.10.10.10.10.20.30.40.40.30.20.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.1PRELIMINARY SETEXHIBIT FPage 267 of 532 1 Apartment Building – Concept Drawing Kenyon Green - Proposed Apartment Building 18430 Kenyon Avenue, Lakeville, MN April 5, 2024 EXHIBIT G Page 268 of 532 2 •Ron Clark Construction & Design (owner) •Ron Clark •Mike Waldo •Landon Wittenberg •Tushie Montgomery Architects (architect) •Andy Krenik •Mike Stueven •Steven Scott Management (property manager) •Kristie Rice & Cassandra Barden •Civil Site Group (engineer, Landscape design & surveyor) •Dave Knaeble •Rob Binder •Rory Synstelien Ron Clark Team for Kenyon Green/Lakeville Project Page 269 of 532 3 Requested Approvals •The requested Zoning change to PUD, will allow for the Affordable Apartment and 15 rental townhomes. The additional townhome units are key to keeping the costs inline for the workforce housing apartment. •We are requesting some reductions in setback and a 3-foot height waiver because of the high ground water which have no negative affects on the surrounding properties. The setback requests are listed and shown on the attached civil plans. •The apartment building will be a 49-unit, three story apartment building with underground & surface parking, community room, exercise room, deck overlooking the rear yard with south exposure, outdoor kids play area, grilling stations with picnic tables and a management office. •We are also requesting Preliminary Plat approval for the apartment and townhome sites. Page 270 of 532 4 Site plan showing proposed uses and site information Page 271 of 532 5 Proposed Site plan Page 272 of 532 6 Comparison to other similar Project - Colored Site map – Wexford Place Rosemount, MN Page 273 of 532 7 Comparison to other similar Project - Colored Site map – Babcock Crossing, Inver Grove Heights, MN Page 274 of 532 8 Ron Clark Apartment Buildings in Savage & Lakeville Page 275 of 532 9 Ron Clark Apartment Building in Carver Page 276 of 532 10Ron Clark Apartment Building - Pike Lake Marsh - Prior Lake, MN Page 277 of 532 11 Townhome Exterior perspective – Front & rear Page 278 of 532 12 Architecture Exterior design features and materials will be consistent with the high standards established by the City in their Design Guidelines. Architectural roof shingles High Quality Lap siding, Brick and other siding accents Maintenance Free Decks for all units Focus is on Energy Conservation and Sustainability Exterior deck, fenced in play area and grilling station Page 279 of 532 13 Garage Level and First Floor Page 280 of 532 14 2nd & 3rd Floor and Roof plans Page 281 of 532 15 1 Bedroom Floor Plan Concept Page 282 of 532 16 2 Bedroom Floor Plan Concept Page 283 of 532 17 3 Bedroom Floor Plan Concept Page 284 of 532 18 Commons Area Pictures from our Savage & New Hope Buildings Page 285 of 532 19 Pictures from our Savage and New Hope Buildings Page 286 of 532 20 Pictures from our Savage and New Hope Buildings Page 287 of 532 21 Pictures from our Savage and New Hope Buildings Page 288 of 532 22 Pictures from our Savage and New Hope Buildings Page 289 of 532 23 Pictures from our Savage and New Hope Buildings Page 290 of 532 24 Recap of Apartment Building size, unit mix, unit sizes and parking Based on other buildings which are nearly the same unit mix, we expect about 160 total residents in the building, with about 75 being children: 1 bedroom units ave. 1.2 residents, 2 bedroom ave. 2.6, 3 bedroom ave. 4.3 Page 291 of 532 25 •Servers, teachers, public safety officers, bus & truck drivers, retail/sales associates, health & childcare workers and other people who are working in Lakeville& surrounding communities. •Working adults & young families have a chance to get started in Lakeville : •Provides the opportunity to buy a home in Lakeville in the future, because the rents are at or near 30% of their income. •This is consistent with what we have seen in other apartments where multiple families were already able to save for and purchase a home in the community. •Because of the tax credit requirements, we cannot restrict the building to only Lakeville current residents, but most of our tenants come from about a 10-mile radius as they need to still be a reasonable distance from there current place of employment. •All our Tax Credit project (including Lakeville Pointe) are currently 100% leased up and have been since they opened and they each have between 100-500 people on an interest list, then need for these affordable options is very high. Housing opportunities for a variety of people Page 292 of 532 26 •2023 Qualifying Incomes: at or below $52,200 (family of 1) at or below $59,640 (family of 2) at or below $67,080 (family of 3) at or below $74,520 (family of 4) at or below $80,520 (family of 5) at or below $86,460 (family of 6) •Each resident in the household must pass extensive credit, criminal & housing history checks •Projected rents - net of utilities: •1 bedroom = $1,122/month •2 bedroom = $1,341/month •3 bedroom = $1,545/month •Tenant pays only for their household electric and A/C Current Income requirements and Rents for Lakeville These Incomes and rents will adjust once HUD issues their updated 2024 AMI’s Page 293 of 532 27 •The Tax Credit financing program is a Public/Private partnership whereby the owner receives Federal Tax Credits for a 10-year period which we are then able to convert into Equity for the project, this allows for a small mortgage (about 25% of total project costs) but in return the rents must be kept at a level set by Minnesota Housing Finance Agency (MHFA) and Dakota County CDA each year for 30 years, based on each prior years Area Medium Income (AMI), in addition the tenant’s income must be at or below 60% of the AMI for the County. •MHFA and Dakota County CDA require us to set aside about $225,000 in reserves at closing and to set aside another $22,050/year for major repairs and replacements. We are also inspected every 1-3 years during the 50 years to make sure the buildings are being maintained properly 50 Year Commitment monitored by Dakota County CDA Page 294 of 532 28 Professional Management •Bader (formerly Steven Scott) Management will be our management company, they are a highly respected local company. •We will have an onsite resident caretaker, we also will have a building manager who is at the building a minimum of 30 hours per week, along with a Senior Manager who oversees the building management. •As part of the maintenance and management of the building we are in each unit, normally monthly or bi-monthly to maintain equipment and to do a quick inspection to confirm no lease violations or undo wear and tear is happening. •The leases are also very clear as to our right to evict or non- renew a tenant for either a major lease violation or continued smaller issues. They also sign a Drug-free/Crime-free lease addendum. •Smoking is not allowed anywhere in the building. Page 295 of 532 29 Questions/Comments? Mike Waldo or Landon Wittenberg Ron Clark Construction & Design 7500 West 78th Street Minneapolis, MN 55439 Phone: 952-947-3000 Email: mwaldo@ronclark.com Page 296 of 532 PART OF KENYON AVENUE TO BE VACATED N00°05'06"W 478.40S64 ° 5 2 ' 0 6 " E 5 0 3 . 5 2 E. LINE OF OUTLOT A A S' L Y . L I N E O F K E N Y O N A V E N U E SE CORNER OF OUTLOT A P.O.B. OF DESCRIBED LINE 31.71 Δ=5°20'36" R=340.00 CB=N86°35'12"E C=31.70 MINNESOTA CERTIFICATION I hereby certify that this survey, plan or report was prepared by me or under my direct supervision and that I am a duly Licensed Land Surveyor under the laws of the State of Minnesota. Dated this 28th day of May, 2024 ______________________________________________ Rory L. Synstelien Minnesota License No. 44565 Project No. 23406.00 SHEET 1 OF 1 16080 SCALE IN FEET 0 5000 GLENWOOD AVENUE GOLDEN VALLEY, MN 55422 CivilSiteGroup.com ROAD VACATION DESCRIPTION All that part of Kenyon Avenue, as dedicated by the recorded plat of PRAIRIE LAKES 1ST ADDITION, Dakota County, Minnesota, lying southerly of the following described line: Commencing at the southeast corner of Outlot A, EMERALD PROFESSIONAL CENTER, according to the recorded plat thereof, Dakota County, Minnesota; thence on an assumed bearing of North 00 degrees 05 minutes 06 seconds West along the east line of said Outlot A and its northerly extension for 478.40 feet to a southerly line of said Kenyon Avenue; thence South 64 degrees 52 minutes 06 seconds East along said southerly line for 503.52 to the point of beginning of the line to be described; thence easterly for 31.71 feet along a non-tangential curve, concave to the north, having a radius of 340.00 feet, a central angle of 05 degrees 20 minutes 36 seconds and a chord bearing of North 86 degrees 35 minutes 12 seconds East to a southerly line of said Kenyon Avenue, and said line there terminating. Drawn By:TH N EXHIBIT H Page 297 of 532 Dakota County Surveyor’s Office Western Service Center  14955 Galaxie Avenue  Apple Valley, MN 5512 4 952.891 -7087  Fax 952.891 -7127  www.co.dakota.mn.us April 25, 2024 City of Lakeville 20195 Holyoke Ave. Lakeville, MN 55044 Re: KENYON GREEN The Dakota County Plat Commission met on April 24, 2024, to consider the preliminary plat of the above referenced plat. The plat is adjacent to CSAH 60 (185th St. W.) and is therefore subject to the Dakota County Contiguous Plat Ordinance. This site includes 15 townhomes with a 49 unit apartment building. The right-of-way needs along CSAH 60 are 75 feet of half right of way, which has been met. There is no direct access to CSAH 60. Restricted access should be shown along all of CSAH 60. A quit claim deed to Dakota County for restricted access is required with the recording of the plat mylars. The Plat Commission has approved the preliminary and final plat and will recommend approval to the County Board of Commissioners meeting on May 21, 2024. Traffic volumes on CSAH 60 are 23,900 ADT and are anticipated to be 33,000 ADT by the year 2040. These traffic volumes indicate that current Minnesota noise standards for residential units could be exceeded for the proposed plat. Residential developments along County highways commonly result in noise complaints. In order for noise levels from the highway to meet acceptable levels for adjacent residential units, substantial building setbacks, buffer areas, and other noise mitigation elements should be incorporated into this development. No work shall commence in the County right of way until a permit is obtained from the County Transportation Department and no permit will be issued until the plat has been filed with the County Recorder’s Office. The Plat Commission does not review or approve the actual engineering design of proposed accesses or other improvements to be made in the right of way. Nothing herein is intended to restrict or limit Dakota County’s rights with regards to Dakota County rights of way or property. The Plat Commission highly recommends early contact with the Transportation Department to discuss the permitting process which reviews the design and may require construction of highway improvements, including, but not limited to, turn lanes, drainage features, limitations on intersecting street widths, medians, etc. Please contact TJ Bentley regarding permitting questions at (952) 891-7115 or Todd Tollefson regarding Plat Commission or Plat Ordinance questions at (952) 891-7070. Sincerely, Todd B. Tollefson Secretary, Plat Commission c: EXHIBIT I Page 298 of 532 City of Lakeville Public Works – Engineering Division Memorandum To: Tina Goodroad, Community Development Director Frank Dempsey, Associate Planner From: Jon Nelson, Assistant City Engineer McKenzie Cafferty, Environmental Resources Manager John Hennen, Parks and Recreation Director Copy: Julie Stahl, Finance Director Tina Goodroad, Community Development Director Zach Johnson, City Engineer Dave Mathews, Building Official Date: May 22, 2024 Subject: Kenyon Green • Preliminary Plat • Preliminary Grading, Drainage and Erosion Control Plan • Preliminary Tree Preservation Plan • Preliminary Utility Plan • Easement Vacation BBAACCKKGGRROOUUNNDD Ron Clark Construction submitted a preliminary plat named Kenyon Green. The proposed subdivision is located north of 185th Street, west of Interstate 35, and south of and adjacent to Kenyon Avenue. The parent parcel consists of one metes and bounds parcel (PID No. 22- 01300-31-010) zoned O-R, Office/Residential Transition District. The preliminary plat includes a request to rezone the property to PUD, Planned Unit Development District. The preliminary plat consists of 15 attached townhome lots, one common area lot, one lot with a 49-unit apartment building, and one outlot on 6.49 acres. The Developer is dedicating 1.01 acres for 185th Street right-of-way and 0.51 acres for Kenyon Avenue right-of-way. The outlots created with the preliminary plat will have the following uses: Outlot A: Common-area/Stormwater basin; retained by Developer (1.17 acres) Page 299 of 532 Outlot B: Wetlands and buffer; deeded to City (0.79 acres) The development will be completed by: Developer: Ron Clark Construction & Design Engineer/Surveyor: Civil Site Group SSIITTEE CCOONNDDIITTIIOONNSS The Kenyon Green site consists of undeveloped land. The site appears to have been previously homesteaded, with a majority of the site naturally preserved and containing significant woodlands. All remnants of the homestead, including driveways and aprons, and septic systems shall be removed, and all wells shall be abandoned with the final plat. The Developer must provide security with the final plat to ensure the work is completed and certified in accordance with all applicable codes and regulations. EEAASSEEMMEENNTT VVAACCAATTIIOONN The parent parcel contains the following existing easements that must be vacated prior to final plat consideration: • Municipal Easement; in favor of City of Lakeville (Doc. No. 357734). The easement was acquired in 1969. Right-of-way dedication will replace the easement. • Roadway, Drainage and Utility easement; in favor of City of Lakeville (Doc. No. 1729802). The easement was acquired in 2000 for the Kenyon Avenue/185th Street Realignment Improvements (CP 00-02). Right-of-way dedication will replace the easement. • Right-of-Way easement; in favor of City of Lakeville (Doc. No. 2020602). The easement was acquired in 2003 for the 185th Street Improvement project (CP 02-15). Right-of- way dedication will replace the easement. SSTTRREEEETT AANNDD SSUUBBDDIIVVIISSIIOONN LLAAYYOOUUTT 185th Street Kenyon Green is located north of and adjacent to 185th Street, a Dakota County highway classified as a minor arterial. The 2022 Dakota County Plat Needs Map (rev. 10-27-22) identifies a half right-of-way need of 75 feet. The Developer is dedicating 1.01 acres for right- of-way for 185th Street over the area currently encumbered by a highway easement. The Dakota County Plat Commission recommended approval of the preliminary plat on February 20, 2024. The Developer is responsible for any requirements stipulated by Dakota County. Kenyon Avenue Kenyon Green is located south of and adjacent to Kenyon Avenue, a City roadway classified as a major collector. Kenyon Avenue is an existing two-lane undivided urban roadway. The Developer is dedicating 0.51 acres for right-of-way for Kenyon Avenue over the area currently encumbered by a street, utility, and drainage easement. A review of traffic operations, Page 300 of 532 including possible geometric, turn lane, pavement marking or traffic sign requirements, will be evaluated prior to final plat consideration. Private Roadway Development of Kenyon Green includes the construction of privately-owned roadways designed to be maintained by a property management association. The private roads will provide access and connectivity to the townhome units and apartment parking lot. CCOONNSSTTRRUUCCTTIIOONN AACCCCEESSSS Construction traffic access and egress for grading, utility and street construction shall be determined with the final construction plans. PPAARRKKSS,, TTRRAAIILLSS,, AANNDD SSII DDEEWWAALLKKSS Development of Kenyon Green includes the construction of public sidewalks. Five-foot-wide concrete sidewalks, with pedestrian curb ramps, will be installed along the south side of Kenyon Avenue from the west plat boundary to the proposed driveway access. The Park Dedication requirement has not been collected on the parent parcel and will be satisfied through a cash contribution to be paid with the final plat at the rate in effect at the time of final plat approval. UUTTIILLIITTIIEESS SSAANN IITTAARRYY SSEE WWEERR Kenyon Green is located within subdistrict OL-56200 of the Orchard Lake sanitary sewer district, as identified in the City’s Comprehensive Sewer Plan. Wastewater will be conveyed through City sanitary sewer to the MCES interceptor sewer monitored by meter M646. Wastewater treatment is provided by the Empire Wastewater Treatment Facility. Development of Kenyon Green includes construction of public sanitary sewer. Sanitary sewer will extend within the subdivision from an existing manhole located at the northwest corner of the site. The Sanitary Sewer Availability Charge has not been collected on the parent parcel and will be paid with the final plat at the rate in effect at the time of final plat approval. WWAATTEERRMMAAIINN Development of Kenyon Green includes construction of public watermain. Watermain will extend within the subdivision from an existing stub located along the north plat boundary. Page 301 of 532 SSTTOORRMM SSEEWWEERR Development of Kenyon Green includes construction of private storm sewer systems. Storm sewer will be constructed within Outlot A and Block 1 to collect and convey stormwater runoff generated from within the private roadways and lots to the private stormwater management basin located within Outlot A. The storm sewer systems will be privately-owned and maintained by a property management association. OOVVEERRHHEEAADD LLIINN EESS Existing aboveground equipment (utility lines and poles) is located along the east plat boundary, adjacent to the parent parcel. Requirements for removal of the equipment, in relation to the City’s Public Ways and Property Ordinance, will be reviewed with the final plat. DDRRAAIINNAAGGEE AANNDD GGRRAADDIINNGG Kenyon Green is located primarily within subdistrict ML-024 of the Marion Lake stormwater district. The northerly property line is located within subdistrict ML-027. The easterly property line is located within subdistrict ML-22. The southerly property line is located within subdistrict ML-21. Development of Kenyon Green includes the construction of privately-owned and maintained stormwater management systems. A stormwater management basin will be located in Outlot A and an underground stormwater management system will be located in Lot 1, and provide treatment and rate control of stormwater runoff generated from the site. The Developer shall enter into a Stormwater Maintenance Agreement with the City for the private stormwater management systems. Prior to final plat consideration, a final stormwater management design consistent with the City’s stormwater management ordinance must be submitted and approved by City staff. Development of Kenyon Green proposed grading outside of the plat boundaries. Prior to final plat consideration, the Developer is responsible for obtaining all necessary temporary easements and/or rights-of-entry, for any grading work outside the plat boundaries. Prior to final plat consideration, the Developer shall submit revised grading plans demonstrating that the lowest floor of all structures are at least three feet above the highest know groundwater table elevation, and consistent with City’s zoning ordinance. The Developer must certify to the City that all lots with house footings placed on fill have been monitored and constructed to meet or exceed FHA/HUD 79G specifications. Prior to issuance of building permits, the soils observation and testing report, including referenced development phases and lot descriptions, and an as-built certified grading plan must be submitted and approved by City staff. Kenyon Green contains more than one acre of site disturbance, therefore a National Pollution Discharge Elimination System (NPDES) General Stormwater Permit for construction activity Page 302 of 532 from the Minnesota Pollution Control Agency is required. A copy of the Notice of Stormwater Permit Coverage must be submitted to the City upon receipt from the MPCA. RREETTAAIINN IINN GG WWAALLLLSS Development of Kenyon Green includes construction of private retaining walls. The retaining walls will be privately-owned and maintained by a property management association. The Developer must provide a security with the final plat to ensure the work is completed and certified in accordance with all applicable codes and regulations, including building permits and designs by a registered engineer for walls with a combined height over four feet, from the Building Inspections Division. EERROOSSIIOONN CCOONNTTRROOLL The Developer is responsible for obtaining a MPCA Construction Permit for the site as well as developing a SWPPP for the site prior to construction. The permit requires that all erosion and sediment BMPS be clearly outlined in a site’s SWPPP. No grading or tree removals can take place until the City has reviewed and approved the SWPPP for the site. Changes made throughout construction must be documented in the SWPPP. Redundant silt fence is required along all waterways. Additional erosion control measures may be required during construction as deemed necessary by City staff. Any additional measures required shall be installed and maintained by the Developer. WWEETTLLAANNDDSS A wetland delineation for the site was completed for the site by Wenck. One wetland was identified. The wetland delineation was reviewed and approved on September 14, 2021. A replacement plan was submitted by Kjolhaug Environmental Services and approved on April 12, 2024. The replacement plan identified 0.1895 acres of wetland impact that will be replaced by wetland banking credits. No wetland impacts can take place until wetland banking credits have been purchased. The remainder of the wetland and wetland buffer will be placed in Outlot A and deeded to the City. The developer will be responsible for restoration and maintenance of any areas of the buffer that are disturbed. TTRREEEE PPRREESSEERRVVAATTIIOONN The tree inventory identifies 317 existing significant trees located within the Kenyon Green preliminary plat boundaries. The tree preservation plan proposes to save 64 of the significant trees. Measures to protect significant trees as identified in the Tree Preservation ordinance (10-4-11) are to be installed and followed from the start of construction to the end of construction. Page 303 of 532 RREESSIIDDEENNTTIIAALL BBUUFFFFEERR YYAARRDD RREEQQUUIIRREEMMEENNTTSS 185th Street is a minor arterial roadway as identified in the City’s Transportation Plan. A buffer yard containing earth berms and/or plantings of a sufficient density to provide a visual screen and a reasonable buffer a minimum of ten feet in height shall be provided adjacent to 185th Street. A certified as-built grading plan of the buffer yard berm must be submitted and approved by City staff prior to the installation of any buffer yard plantings. FFEEMMAA FFLLOOOODDPPLLAAIINN AANN AALLYYSSIISS Kenyon Green is shown on Flood Insurance Rate Map (Map No. 27037C0191E; Eff. Date 12/2/2011) as Zone X by the Federal Emergency Management Agency (FEMA). Based on this designation, the lots within Kenyon Green are not located within a Special Flood Hazard Area (SFHA), as determined by FEMA. RREECCOOMMMMEENNDDAATTIIOONN Engineering recommends approval of the preliminary plat, grading, drainage and erosion control plan, tree preservation plan, utility plan and easement vacation for Kenyon Green, subject to the requirements and stipulations within this report. Page 304 of 532 Date: 6/17/2024 Resolution Authorizing Issuance, Awarding Sale, Prescribing the Form and Details and Providing for the Payment of $21,530,000 General Obligation Bonds, Series 2024A Proposed Action Staff recommends adoption of the following motion: Move to approve Resolution Authorizing Issuance, Awarding Sale, Prescribing the Form and Details and Providing for the Payment of $21,530,000 General Obligation Bonds, Series 2024A. Overview Passage of this motion will result in the financing of the following projects: • #24-02 – 2024 Street Reconstruction Project • #24-03 – Collector Rehabilitation • Park Referendum Projects The debt will be repaid with property taxes and special assessments. The bid opening for the bonds will be held on Monday morning, June 17, 2024. The results of the bid opening will be presented to the City Council during its regular meeting on June 17th by Northland Securities Inc. A final resolution with the updated results from the bond sale will be provided to the City Council prior to the meeting. Moody’s Investors Service affirmed the City’s Aaa bond rating. The press release is attached to this report. Supporting Information 1. Resolution Lakeville 2024A Bond Sale 2. 2024A_Moodys-Ratings-Assigns-Aaa Financial Impact: $21 M Budgeted: Yes Source: Taxes, Assessments Envision Lakeville Community Values: Good Value for Public Service Report Completed by: Julie Stahl, Finance Director Page 305 of 532 4855-6778-8216\4 CITY OF LAKEVILLE RESOLUTION Date: June 17, 2024 Resolution No. RESOLUTION AUTHORIZING ISSUANCE, AWARDING SALE, PRESCRIBING THE FORM AND DETAILS AND PROVIDING FOR THE PAYMENT OF $[PAR] GENERAL OBLIGATION BONDS, SERIES 2024A BE IT RESOLVED by the City Council (the “Council”) of the City of Lakeville, Minnesota (the “City”), as follows: SECTION 1. AUTHORIZATION AND SALE. 1.01. Authorization. This Council, by resolution duly adopted on May 20, 2024, authorized the issuance and sale of its General Obligation Bonds, Series 2024A (the “Bonds”) for the purpose of financing (a) pursuant to Minnesota Statutes, Section 475.58, Subdivision 3(b), the City’s 2024 street reconstruction projects (the “Street Projects”); (b) pursuant to Chapter 475 and a voter referendum (the “Referendum”) held on November 2, 2021,various park improvements (the “Park Improvements,” and together with the Street Projects, the “Project”); and (c) costs associated with the issuance of the Bonds. The principal amount of the Bonds ($[______]) attributable to the Street Projects shall be designated as the “Street Reconstruction Bonds.” Following a public hearing, this Council by a resolution adopted with a 5-0 vote on October 2nd, 2023, approved the City’s 2024-2028 Street Reconstruction Plan (the “Street Reconstruction Plan”) and gave preliminary approval for the issuance of the Street Reconstruction Bonds to finance costs of various street reconstruction projects, including the Street Projects, in the City. A petition requesting a vote on the question of issuing the Street Reconstruction Bonds, signed by voters equal to five percent of the votes cast in the previous municipal general election, was not filed with the City within 30 days of the public hearing. Accordingly, the issuance of the Street Reconstruction Bonds is authorized without an election. The principal amount of the Bonds ($[_______]) attributable to the Park Improvements shall be designated as the “Park Improvement Bonds.” Maturity schedules for the Street Reconstruction Bonds and the Park Improvement Bonds are attached hereto as EXHIBIT A. 1.02. Sale. Pursuant to the Terms of Proposal and the Preliminary Official Statement prepared on behalf of the City by Northland Securities, Inc. (“Northland”), municipal advisor to the City, sealed or electronic proposals for the purchase of the Bonds were received at or before the time specified for receipt of proposals. The proposals have been opened, publicly read and considered and the purchase price, interest rates and net interest cost under the terms of each proposal have been determined. The most favorable proposal received is that of [_____________], in [__________, __________] (the “Purchaser”), to purchase the Bonds in the principal amount Page 306 of 532 4855-6778-8216\4 2 of $[PAR], at a price of $[_____________] plus accrued interest, if any, on all Bonds to the day of delivery and payment, on the further terms and conditions hereinafter set forth. 1.03. Award. The sale of the Bonds is hereby awarded to the Purchaser, and the Mayor and City Clerk are hereby authorized and directed on behalf of the City to execute a contract for the sale of the Bonds with the Purchaser in accordance with the Preliminary Official Statement. The good faith deposit of the Purchaser shall be retained and deposited by the City until the Bonds have been delivered, and shall be deducted from the purchase price paid at settlement. SECTION 2. BOND TERMS; REGISTRATION; EXECUTION AND DELIVERY. 2.01. Issuance of Bonds. All acts, conditions and things which are required by the Constitution and laws of the State of Minnesota to be done, to exist, to happen and to be performed precedent to and in the valid issuance of the Bonds having been done, now existing, having happened and having been performed, it is now necessary for the Council to establish the form and terms of the Bonds, to provide security therefor and to issue the Bonds forthwith. 2.02. Maturities; Interest Rates; Denominations and Payment. The Bonds shall be originally dated as of July 17, 2024, shall be in the denomination of $5,000 each, or any integral multiple thereof, of single maturities, shall mature on February 1 in the years and amounts stated below, and shall bear interest from date of issue until paid or duly called for redemption, at the annual rates set forth opposite such years and amounts, as follows [to come]: Year Amount Year Amount Year Amount 2026 2033 2040 2027 2034 2041 2028 2035 2042 2029 2036 2043 2030 2037 2044 2031 2038 2045 2032 2039 [TO BE ADJUSTED IF ANY TERM BONDS] The Bonds shall be issuable only in fully registered form. The interest thereon and, upon surrender of each Bond, the principal amount thereof shall be payable by check or draft issued by the Registrar described herein, provided that so long as the Bonds are registered in the name of a securities depository, or a nominee thereof, in accordance with Section 2.08 hereof, principal and interest shall be payable in accordance with the operational arrangements of the securities depository. 2.03. Dates and Interest Payment Dates. Upon initial delivery of the Bonds pursuant to Section 2.07 and upon any subsequent transfer or exchange pursuant to Section 2.06, the date of authentication shall be noted on each Bond so delivered, exchanged or transferred. Interest on the Bonds shall be payable on February 1 and August 1 in each year, commencing February 1, 2025, each such date being referred to herein as an Interest Payment Date, to the persons in whose names Page 307 of 532 4855-6778-8216\4 3 the Bonds are registered on the Bond Register, as hereinafter defined, at the Registrar’s close of business on the fifteenth day of the calendar month preceding that in which such Interest Payment Date occurs, whether or not such day is a business day. Interest shall be computed on the basis of a 360-day year composed of twelve 30-day months. 2.04. Redemption. Bonds maturing on or after February 1, 2033, shall be subject to redemption and prepayment at the option of the City, in whole or in part, in such order of maturity dates as the City may select and, within a maturity, by lot as selected by the Registrar (or, if applicable, by the bond depository in accordance with its customary procedures) in integral multiples of $5,000, on February 1, 2032, and on any date thereafter, at a price equal to the principal amount thereof and accrued interest to the date of redemption. The City Clerk shall cause notice of the call for redemption thereof to be published if and as required by law, and at least thirty (30) and not more than sixty (60) days prior to the designated redemption date, shall cause notice of call for redemption to be mailed, by first class mail, to the Registrar and registered holders of any Bonds to be redeemed at their addresses as they appear on the Bond Register described in Section 2.06 hereof, provided that notice shall be given to any securities depository in accordance with its operational arrangements. No defect in or failure to give such notice of redemption shall affect the validity of proceedings for the redemption of any Bond not affected by such defect or failure. Official notice of redemption having been given as aforesaid, the Bonds or portions of Bonds so to be redeemed shall, on the redemption date, become due and payable at the redemption price therein specified and from and after such date (unless the City shall default in the payment of the redemption price) such Bonds or portions of Bonds shall cease to bear interest. Upon partial redemption of any Bond, a new Bond or Bonds will be delivered to the owner without charge, representing the remaining principal amount outstanding. [INCLUDE THE BELOW IF ANY TERM BONDS] Bonds maturing on February 1, [_____] (the “Term Bonds”) shall be subject to mandatory redemption prior to maturity pursuant to the sinking fund requirements of this Section 2.04 at a redemption price equal to the stated principal amount thereof plus interest accrued thereon to the redemption date, without premium. The Registrar shall select for redemption, by lot or other manner deemed fair, on February 1 in each of the following years the following stated principal amounts of such Bonds: Term Bonds Maturing in 20[__]Term Bonds Maturing in 20[__] Sinking Fund Payment Date Aggregate Principal Amount Sinking Fund Payment Date Aggregate Principal Amount $$ ** *final maturity *final maturity Notice of redemption shall be given as provided in the preceding paragraph.] 2.05. Appointment of Registrar. The City hereby appoints U.S. Bank Trust Company, National Association, St. Paul, Minnesota, as the initial Bond registrar, transfer agent and paying Page 308 of 532 4855-6778-8216\4 4 agent (the “Registrar”). The Mayor and City Clerk are authorized to execute and deliver, on behalf of the City, a contract with the Registrar. Upon merger or consolidation of the Registrar with another corporation, if the resulting corporation is a bank or trust company organized under the laws of the United States or one of the states of the United States and authorized by law to conduct such business, such corporation shall be authorized to act as successor Registrar. The City agrees to pay the reasonable and customary charges of the Registrar for the services performed. The City reserves the right to remove the Registrar, effective upon not less than thirty days’ written notice and upon the appointment and acceptance of a successor Registrar, in which event the predecessor Registrar shall deliver all cash and Bonds in its possession to the successor Registrar and shall deliver the Bond Register to the successor Registrar. 2.06. Registration. The effect of registration and the rights and duties of the City and the Registrar with respect thereto shall be as follows: (a) Register. The Registrar shall keep at its principal corporate trust office a register (the “Bond Register”) in which the Registrar shall provide for the registration of ownership of Bonds and the registration of transfers and exchanges of Bonds entitled to be registered, transferred or exchanged. The term Holder or Bondholder as used herein shall mean the person (whether a natural person, corporation, association, partnership, trust, governmental unit, or other legal entity) in whose name a Bond is registered in the Bond Register. (b) Transfer of Bonds. Upon surrender for transfer of any Bond duly endorsed by the Holder thereof or accompanied by a written instrument of transfer, in form satisfactory to the Registrar, duly executed by the Holder thereof or by an attorney duly authorized by the Holder in writing, the Registrar shall authenticate and deliver, in the name of the designated transferee or transferees, one or more new Bonds of a like aggregate principal amount and maturity, as requested by the transferor. The Registrar may, however, close the books for registration of any transfer after the fifteenth day of the month preceding that in which the interest payment date occurs and until such interest payment date. (c) Exchange of Bonds. At the option of the Holder of any Bond in a denomination greater than $5,000, such Bond may be exchanged for other Bonds of authorized denominations, of the same maturity and a like aggregate principal amount, upon surrender of the Bond to be exchanged at the office of the Registrar. Whenever any Bond is so surrendered for exchange the City shall execute and the Registrar shall authenticate and deliver the Bonds which the Bondholder making the exchange is entitled to receive. (d) Cancellation. All Bonds surrendered for payment, transfer or exchange shall be promptly canceled by the Registrar and thereafter disposed of as directed by the City. (e) Improper or Unauthorized Transfer. When any Bond is presented to the Registrar for transfer, the Registrar may refuse to transfer the same until it is satisfied that the endorsement on such Bond or separate instrument of transfer is valid and genuine and that the requested transfer is legally authorized. The Registrar shall incur no liability for Page 309 of 532 4855-6778-8216\4 5 the refusal, in good faith, to make transfers which it, in its judgment, deems improper or unauthorized. (f) Persons Deemed Owners. The City and the Registrar may treat the person in whose name any Bond is at any time registered in the Bond Register as the absolute owner of the Bond, whether the Bond shall be overdue or not, for the purpose of receiving payment of or on account of, the principal of and interest on the Bond and for all other purposes; and all payments made to or upon the order of such Holder shall be valid and effectual to satisfy and discharge the liability upon such Bond to the extent of the sum or sums so paid. (g) Taxes, Fees and Charges. For every transfer or exchange of Bonds (except for an exchange upon a partial redemption of a Bond), the Registrar may impose a charge upon the owner thereof sufficient to reimburse the Registrar for any tax, fee or other governmental charge required to be paid with respect to such transfer or exchange. (h) Mutilated, Lost, Stolen or Destroyed Bonds. In case any Bond shall become mutilated or be destroyed, stolen or lost, the Registrar shall deliver a new Bond of like amount, number, maturity date and tenor in exchange and substitution for and upon cancellation of any such mutilated Bond or in lieu of and in substitution for any Bond destroyed, stolen or lost, upon the payment of the reasonable expenses and charges of the Registrar in connection therewith; and, in the case of a Bond destroyed, stolen or lost, upon filing with the Registrar of evidence satisfactory to it that the Bond was destroyed, stolen or lost, and of the ownership thereof, and upon furnishing to the Registrar of an appropriate bond or indemnity in form, substance and amount satisfactory to it, in which both the City and the Registrar shall be named as obligees. All Bonds so surrendered to the Registrar shall be canceled by it and evidence of such cancellation shall be given to the City. If the mutilated, destroyed, stolen or lost Bond has already matured or been called for redemption in accordance with its terms it shall not be necessary to issue a new Bond prior to payment. (i) Authenticating Agent. The Registrar is hereby designated authenticating agent for the Bonds, within the meaning of Minnesota Statutes, Section 475.55, Subdivision 1, as amended. (j) Valid Obligations. All Bonds issued upon any transfer or exchange of Bonds shall be the valid obligations of the City, evidencing the same debt, and entitled to the same benefits under this Resolution as the Bonds surrendered upon such transfer or exchange. 2.07. Execution, Authentication and Delivery. The Bonds shall be prepared under the direction of the City Clerk and shall be executed on behalf of the City by the signatures of the Mayor and the City Clerk, provided that the signatures may be printed, engraved or lithographed facsimiles of the originals. In case any officer whose signature or a facsimile of whose signature shall appear on any Bond shall cease to be such officer before the delivery of such Bond, such signature or facsimile shall nevertheless be valid and sufficient for all purposes, the same as if such officer had remained in office until the date of delivery of such Bond. Notwithstanding such execution, no Bond shall be valid or obligatory for any purpose or entitled to any security or benefit Page 310 of 532 4855-6778-8216\4 6 under this Resolution unless and until a certificate of authentication on the Bond, substantially in the form provided in EXHIBIT B, has been executed by the manual signature of an authorized representative of the Registrar. Certificates of authentication on different Bonds need not be signed by the same representative. The executed certificate of authentication on any Bond shall be conclusive evidence that it has been duly authenticated and delivered under this Resolution. When the Bonds have been prepared, executed and authenticated, the City Clerk shall deliver them to the Purchaser upon payment of the purchase price in accordance with the contract of sale theretofore executed, and the Purchaser shall not be obligated to see to the application of the purchase price. 2.08. Securities Depository. (a) For purposes of this section the following terms shall have the following meanings: “Beneficial Owner” shall mean, whenever used with respect to a Bond, the person in whose name such Bond is recorded as the beneficial owner of such Bond by a Participant on the records of such Participant, or such person’s subrogee. “Cede & Co.” shall mean Cede & Co., the nominee of DTC, and any successor nominee of DTC with respect to the Bonds. “DTC” shall mean The Depository Trust Company of New York, New York. “Participant” shall mean any broker-dealer, bank or other financial institution for which DTC holds bonds as securities depository. “Representation Letter” shall mean the Representation Letter pursuant to which the City agrees to comply with DTC’s Operational Arrangements. (b) The Bonds shall be initially issued as separately authenticated fully registered bonds, and one Bond shall be issued in the principal amount of each stated maturity of the Bonds. Upon initial issuance, the ownership of such Bonds shall be registered in the Bond Register in the name of Cede & Co., as nominee of DTC. The Registrar and the City may treat DTC (or its nominee) as the sole and exclusive owner of the Bonds registered in its name for the purposes of payment of the principal of or interest on the Bonds, selecting the Bonds or portions thereof to be redeemed, if any, giving any notice permitted or required to be given to registered owners of Bonds under this resolution, registering the transfer of Bonds, and for all other purposes whatsoever; and neither the Registrar nor the City shall be affected by any notice to the contrary. Neither the Registrar nor the City shall have any responsibility or obligation to any Participant, any person claiming a beneficial ownership interest in the Bonds under or through DTC or any Participant, or any other person which is not shown on the Bond Register as being a registered owner of any Bonds, with respect to the accuracy of any records maintained by DTC or any Participant, with respect to the payment by DTC or any Participant of any amount with respect to the principal of or interest on the Bonds, with respect to any notice which is permitted or required to be given to owners of Bonds under this resolution, with respect to the selection by DTC or any Participant of any person to receive payment in the event of a partial redemption of the Bonds, or with respect to any consent given or other action taken by DTC as registered owner of the Bonds. So long as any Bond is registered in the name of Cede & Co., as nominee of DTC, the Registrar shall pay all Page 311 of 532 4855-6778-8216\4 7 principal of and interest on such Bond, and shall give all notices with respect to such Bond, only to Cede & Co. in accordance with DTC’s Operational Arrangements, and all such payments shall be valid and effective to fully satisfy and discharge the City’s obligations with respect to the principal of and interest on the Bonds to the extent of the sum or sums so paid. No person other than DTC shall receive an authenticated Bond for each separate stated maturity evidencing the obligation of the City to make payments of principal and interest. Upon delivery by DTC to the Registrar of written notice to the effect that DTC has determined to substitute a new nominee in place of Cede & Co., the Bonds will be transferable to such new nominee in accordance with paragraph (e) hereof. (c) In the event the City determines that it is in the best interest of the Beneficial Owners that they be able to obtain Bonds in the form of physical certificates, the City may notify DTC and the Registrar, whereupon DTC shall notify the Participants of the availability through DTC of Bonds in the form of certificates. In such event, the Bonds will be transferable in accordance with paragraph (e) hereof. DTC may determine to discontinue providing its services with respect to the Bonds at any time by giving notice to the City and the Registrar and discharging its responsibilities with respect thereto under applicable law. In such event the Bonds will be transferable in accordance with paragraph (e) hereof. (d) The execution and delivery of the Representation Letter to DTC, if not previously filed with DTC, by the Mayor or City Clerk is hereby authorized and directed. (e) In the event that any transfer or exchange of Bonds is permitted under paragraph (b) or (c) hereof, such transfer or exchange shall be accomplished upon receipt by the Registrar of the Bonds to be transferred or exchanged and appropriate instruments of transfer to the permitted transferee in accordance with the provisions of this resolution. In the event Bonds in the form of certificates are issued to owners other than Cede & Co., its successor as nominee for DTC as owner of all the Bonds, or another securities depository as owner of all the Bonds, the provisions of this resolution shall also apply to all matters relating thereto, including, without limitation, the printing of such Bonds in the form of physical certificates and the method of payment of principal of and interest on such Bonds in the form of physical certificates. 2.09. Form of Bonds. The Bonds shall be prepared in substantially the form found at EXHIBIT B attached hereto. Section 3. USE OF PROCEEDS; PROJECT FUND. There is hereby created a special bookkeeping fund to be designated as the “General Obligation Bonds, Series 2024A Project Fund” (the “Project Fund”), to be held and administered by the City Finance Director separate and apart from all other funds of the City. Within the Project Fund are established the following accounts: (a) Street Projects Account. The Street Projects Account shall be credited with $[_____] from the proceeds of the Street Reconstruction Bonds. The City Finance Director shall maintain the Street Projects Account until payment of all costs and expenses incurred in connection with the construction of the Street Projects and all costs of issuance of the Street Reconstruction Bonds have been paid. Page 312 of 532 4855-6778-8216\4 8 (b) Park Improvement Account. The Park Improvement Account shall be credited with $[_____] from the proceeds of the Park Improvement Bonds. The City Finance Director shall maintain the Park Improvement Account until all costs and expenses incurred by the City in connection with the construction of the Park Improvements and all costs of issuance of the Park Improvement Bonds have been paid. The City may deposit funds from other available sources into the Project Fund. From the Project Fund there shall be paid all costs and expenses related to the construction and acquisition of the Project. In addition, costs of issuance in the amount of $[_____] are expected to be paid from proceeds of the Bonds in the Project Fund and are included in the respective accounts above. After payment of all such costs and expenses, the Project Fund shall be terminated. All funds on hand in the Project Fund when terminated shall be credited to the Bond Fund described in Section 4 hereof, unless and except as such proceeds may be transferred to some other fund or account as to which the City has received from bond counsel an opinion that such other transfer is permitted by applicable laws and does not impair the exemption of interest on the Bonds from federal income taxes. In no event shall funds remain in the Project Fund later than July 20, 2026. SECTION 4. GENERAL OBLIGATION BONDS, SERIES 2024A BOND FUND. The Bonds shall be payable from a separate General Obligation Bonds, Series 2024A Bond Fund (the “Bond Fund”) of the City, which shall be created and maintained on the books of the City as a separate debt redemption fund until the Bonds, and all interest thereon, are fully paid. Within the Debt Service Account (described below) within the Bond Fund are created the following accounts: (a) Street Reconstruction Bonds Account. Into the Street Reconstruction Bonds Account shall be paid: i. the amounts specified in Section 3 above upon termination of the Street Projects Account; ii. any funds received from the Purchaser with respect to the Street Reconstruction Bonds in excess of the amounts specified in Section 3 above; iii. any taxes collected pursuant to Section 6 hereof; and iv. any other funds appropriated by this Council for the payment of the Street Reconstruction Bonds. (b) Park Improvement Bonds Account. Into the Park Improvement Bonds Account shall be paid: i. the amounts specified in Section 3 above upon termination of the Park Improvement Account; ii. any funds received from the Purchaser with respect to the Park Improvement Bonds in excess of the amounts specified in Section 3 above; iii. any taxes collected pursuant to Section 6 hereof; and iv. any other funds appropriated by this Council for the payment of the Park Improvement Bonds. The principal of and interest on the Bonds shall be payable from the Bond Fund, and the money on hand in the Bond Fund from time to time shall be used only to pay the principal of and Page 313 of 532 4855-6778-8216\4 9 interest on the Bonds. On or before each principal and interest payment date for the Bonds, the City Clerk is directed to remit to the Registrar from funds on deposit in the Bond Fund the amount needed to pay principal and interest on the Bonds on the next succeeding principal and interest payment date. There are hereby established two accounts in the Bond Fund, designated as the “Debt Service Account” and the “Surplus Account.” There shall initially be deposited into the Debt Service Account upon the issuance of the Bonds the amount set forth in clause (b) above. Thereafter, during each bond year (each twelve month period commencing on February 1, except the first year which commences July 17, 2024, and ending on the following January 31, a “Bond Year”), as monies are received into the Bond Fund, the City Clerk shall first deposit such monies into the Debt Service Account until an amount has been appropriated thereto sufficient to pay all principal and interest due on the Bonds through the end of the Bond Year. All subsequent monies received in the Bond Fund during the Bond Year shall be appropriated to the Surplus Account. If at any time the amount on hand in the Debt Service Account is insufficient for the payment of principal and interest then due, the City Clerk shall transfer to the Debt Service Account amounts on hand in the Surplus Account to the extent necessary to cure such deficiency. Investment earnings (and losses) on amounts from time to time held in the Debt Service Account and Surplus Account shall be credited or charged to said accounts. If the balance in the Bond Fund is at any time insufficient to pay all interest and principal then due on all Bonds payable therefrom, the payment shall be made from any fund of the City which is available for that purpose, subject to reimbursement from the Surplus Account when the balance therein is sufficient, and the City covenants and agrees that it will each year levy a sufficient amount of ad valorem taxes to take care of any accumulated or anticipated deficiency, which levy is not subject to any constitutional or statutory limitation. SECTION 5. RESERVED. SECTION 6. PLEDGE OF TAXING POWERS. For the prompt and full payment of the principal of and interest on the Bonds as such payments respectively become due, the full faith, credit and unlimited taxing powers of the City shall be and are hereby irrevocably pledged. In order to produce aggregate amounts which, together with the collections of other amounts as set forth in Section 4, will produce amounts not less than 5% in excess of the amounts needed to meet when due the principal and interest payments on the Bonds, ad valorem taxes are hereby levied on all taxable property in the City, the taxes to be levied and collected in the years and amounts as shown on EXHIBIT C. The taxes shall be irrepealable as long as any of the Bonds are outstanding and unpaid, provided that the City reserves the right and power to reduce the tax levies from other legally available funds, in accordance with the provisions of Minnesota Statutes, Section 475.61. SECTION 7. DEFEASANCE. When all of the Bonds have been discharged as provided in this Section, all pledges, covenants and other rights granted by this Resolution to the Holders of the Bonds shall cease. The City may discharge its obligations with respect to any Bonds which are due on any date by depositing with the Registrar on or before that date a sum sufficient for the payment thereof in full; or, if any Bond should not be paid when due, it may nevertheless be Page 314 of 532 4855-6778-8216\4 10 discharged by depositing with the Registrar a sum sufficient for the payment thereof in full with interest accrued from the due date to the date of such deposit. The City may also discharge its obligations with respect to any prepayable Bonds called for redemption on any date when they are prepayable according to their terms by depositing with the Registrar on or before that date an amount equal to the principal, redemption premium, if any, and interest then due, provided that notice of such redemption has been duly given as provided herein. The City may also at any time discharge its obligations with respect to any Bonds, subject to the provisions of law now or hereafter authorizing and regulating such action, by depositing irrevocably in escrow, with the Registrar or with a bank or trust company qualified by law to act as an escrow agent for this purpose, cash or securities which are authorized by law to be so deposited for such purpose, bearing interest payable at such times and at such rates and maturing or callable at the holder’s option on such dates as shall be required to pay all principal and interest to become due thereon to maturity or, if notice of redemption as herein required has been irrevocably provided for, to an earlier designated redemption date. If such deposit is made more than ninety days before the maturity date or specified redemption date of the Bonds to be discharged, the City must have received a written opinion of Bond Counsel to the effect that such deposit does not adversely affect the exemption of interest on any Bonds from federal income taxation and a written report of an accountant or investment banking firm verifying that the deposit is sufficient to pay when due all of the principal and interest on the Bonds to be discharged on and before their maturity dates or earlier designated redemption date. SECTION 8. TAX COVENANTS; ARBITRAGE MATTERS AND CONTINUING DISCLOSURE. 8.01. General Tax Covenant. The City agrees with the registered owners from time to time of the Bonds that it will not take, or permit to be taken by any of its officers, employees or agents, any action that would cause interest on the Bonds to become includable in gross income of the recipient under the Internal Revenue Code of 1986, as amended (the “Code”) and applicable Treasury Regulations (the “Regulations”), and agrees to take any and all actions within its powers to ensure that the interest on the Bonds will not become includable in gross income of the recipient under the Code and the Regulations. All proceeds of the Bonds deposited in the Project Fund will be expended solely for the payment of the costs of the Project. The Project is and will be owned and maintained by the City and available for use by members of the general public on a substantially equal basis. The City shall not enter into any lease, management contract, use agreement, capacity agreement or other agreement with any non-governmental person relating to the use of the Project, or any portion thereof, or security for the payment of the Bonds which might cause the Bonds to be considered “private activity bonds” or “private loan bonds” pursuant to Section 141 of the Code. 8.02. Arbitrage Certification. The Mayor and City Clerk being the officers of the City charged with the responsibility for issuing the Bonds pursuant to this Resolution, are authorized and directed to execute and deliver to the Purchaser a certificate in accordance with Section 148 of the Code, and applicable Regulations, stating the facts, estimates and circumstances in existence on the date of issue and delivery of the Bonds which make it reasonable to expect that the proceeds of the Bonds will not be used in a manner that would cause the Bonds to be “arbitrage bonds” within the meaning of the Code and Regulations. Page 315 of 532 4855-6778-8216\4 11 8.03. Arbitrage Rebate. The City acknowledges that the Bonds may be subject to the rebate requirements of Section 148(f) of the Code. The City covenants and agrees to retain such records, make such determinations, file such reports and documents and pay such amounts at such times as are required under said Section 148(f) and applicable Regulations to preserve the exclusion of interest on the Bonds from gross income for federal income tax purposes, unless the Bonds qualify for an exception from the rebate requirement pursuant to one of the spending exceptions set forth in Section 1.148-7 of the Regulations and no “gross proceeds” of the Bonds (other than amounts constituting a “bona fide debt service fund”) arise during or after the expenditure of the original proceeds thereof. 8.04. Reimbursement. The City certifies that the proceeds of the Bonds will not be used by the City to reimburse itself for any expenditure with respect to the Project which the City paid or will have paid more than 60 days prior to the issuance of the Bonds unless, with respect to such prior expenditures, the City shall have made a declaration of official intent which complies with the provisions of Section 1.150-2 of the Regulations, provided that this certification shall not apply (i) with respect to certain de minimis expenditures, if any, with respect to the Project meeting the requirements of Section 1.150-2(f)(1) of the Regulations, or (ii) with respect to “preliminary expenditures” for the Projects as defined in Section 1.150-2(f)(2) of the Regulations, including engineering or architectural expenses and similar preparatory expenses, which in the aggregate do not exceed 20% of the “issue price” of the Bonds. 8.05. NOT Qualified Tax-Exempt Obligations. The Bonds are not “qualified tax-exempt obligations” for purposes of Section 265(b)(3) of the Code. 8.06. Continuing Disclosure (a) Purpose and Beneficiaries. To provide for the public availability of certain information relating to the Bonds and the security therefor and to permit the Purchaser and other participating underwriters in the primary offering of the Bonds to comply with amendments to Rule 15c2-12 promulgated by the SEC under the Securities Exchange Act of 1934 (17 C.F.R. § 240.15c2-12), relating to continuing disclosure (as in effect and interpreted from time to time, the Rule), which will enhance the marketability of the Bonds, the City hereby makes the following covenants and agreements for the benefit of the Owners (as hereinafter defined) from time to time of the outstanding Bonds. The City is the only obligated person in respect of the Bonds within the meaning of the Rule for purposes of identifying the entities in respect of which continuing disclosure must be made. If the City fails to comply with any provisions of this section, any person aggrieved thereby, including the Owners of any outstanding Bonds, may take whatever action at law or in equity may appear necessary or appropriate to enforce performance and observance of any agreement or covenant contained in this section, including an action for a writ of mandamus or specific performance. Direct, indirect, consequential and punitive damages shall not be recoverable for any default hereunder to the extent permitted by law. Notwithstanding anything to the contrary contained herein, in no event shall a default under this section constitute a default under the Bonds or under any other provision of this resolution. As used in this section, Owner or Bondowner means, in respect of the Bonds, the registered owner or owners thereof appearing in the bond register maintained by the Registrar or any Beneficial Owner (as hereinafter defined) thereof, if such Beneficial Owner provides to the Registrar evidence of such beneficial ownership in form and substance reasonably satisfactory to the Registrar. As used herein, Beneficial Owner means, in respect of the Bonds, any person or entity which (a) has the power, directly or indirectly, to vote or consent with respect to, or to dispose of ownership of, such Bonds Page 316 of 532 4855-6778-8216\4 12 (including persons or entities holding Bonds through nominees, depositories or other intermediaries), or (b) is treated as the owner of the Bonds for federal income tax purposes. (b) Information To Be Disclosed. The City will provide, in the manner set forth in subsection (c) hereof, either directly or indirectly through an agent designated by the City, the following information at the following times: (1) On or before 12 months after the end of each fiscal year of the City, commencing with the fiscal year ending December 31, 2024, the following financial information and operating data in respect of the City (the “Disclosure Information”): (A) the audited financial statements of the City for such fiscal year, prepared in accordance with generally accepted accounting principles in accordance with the governmental accounting standards promulgated by the Governmental Accounting Standards Board or as otherwise provided under Minnesota law, as in effect from time to time, or, if and to the extent such financial statements have not been prepared in accordance with such generally accepted accounting principles for reasons beyond the reasonable control of the City, noting the discrepancies therefrom and the effect thereof, and certified as to accuracy and completeness in all material respects by the fiscal officer of the City; and (B) to the extent not included in the financial statements referred to in paragraph (A) hereof, the information for such fiscal year or for the period most recently available of the type contained in the Official Statement under the headings: “Economic and Financial Information – Valuations,” “– Tax Capacity Rates,” “– Tax Levies and Collections,” and “Summary of Debt and Debt Statistics,” which information may be unaudited. Notwithstanding the foregoing paragraph, if the audited financial statements are not available by the date specified, the City shall provide on or before such date unaudited financial statements in the format required for the audited financial statements as part of the Disclosure Information and, within 10 days after the receipt thereof, the City shall provide the audited financial statements. Any or all of the Disclosure Information may be incorporated by reference, if it is updated as required hereby, from other documents, including official statements, which have been filed with the SEC or have been made available to the public by the Municipal Securities Rulemaking Board (the “MSRB”) through its Electronic Municipal Market Access System (EMMA). The City shall clearly identify in the Disclosure Information each document so incorporated by reference. If any part of the Disclosure Information can no longer be generated because the operations of the City have materially changed or been discontinued, such Disclosure Information need no longer be provided if the City includes in the Disclosure Information a statement to such effect; provided, however, if such operations have been replaced by other City operations in respect of which data is not included in the Disclosure Information and the City determines that certain specified data regarding such replacement operations would be a Material Fact (as defined in paragraph (2) hereof), then, from and after such determination, the Disclosure Information shall include such additional specified data regarding the replacement operations. If the Disclosure Information is Page 317 of 532 4855-6778-8216\4 13 changed or this section is amended as permitted by this paragraph (b)(1) or subsection (d), then the City shall include in the next Disclosure Information to be delivered hereunder, to the extent necessary, an explanation of the reasons for the amendment and the effect of any change in the type of financial information or operating data provided. (2) In a timely manner, not in excess of 10 business days, to the MSRB through EMMA, notice of the occurrence of any of the following events (each a “Material Fact,” as hereinafter defined): (A) Principal and interest payment delinquencies; (B) Non-payment related defaults, if material; (C) Unscheduled draws on debt service reserves reflecting financial difficulties; (D) Unscheduled draws on credit enhancements reflecting financial difficulties; (E) Substitution of credit or liquidity providers, or their failure to perform; (F) Adverse tax opinions, the issuance by the Internal Revenue Service of proposed or final determinations of taxability, Notices of Proposed Issue (IRS Form 5701-TEB) or other material notices or determinations with respect to the tax status of the Bonds, or other material events affecting the tax status of the Bonds; (G) Modifications to rights of security holders, if material; (H) Bond calls, if material, and tender offers; (I) Defeasances; (J) Release, substitution, or sale of property securing repayment of the securities, if material; (K) Rating changes; (L) Bankruptcy, insolvency, receivership or similar event of the City; (M) The consummation of a merger, consolidation, or acquisition involving an obligated person or the sale of all or substantially all of the assets of the obligated person, other than in the ordinary course of business, the entry into a definitive agreement to undertake such an action or the termination of a definitive agreement relating to any such actions, other than pursuant to its terms, if material; and (N) Appointment of a successor or additional paying agent or the change of name of a paying agent, if material. (O) Incurrence of a financial obligation of the obligated person, if material, or agreement to covenants, events of default, remedies, priority rights, or other similar terms of a financial obligation of the obligated person, any of which affect security holders, if material; and (P) Default, event of acceleration, termination event, modification of terms, or other similar events under the terms of a financial obligation of the obligated person, any of which reflect financial difficulties. For purposes of the events identified in paragraphs (O) and (P) above, the term “financial obligation” means (i) a debt obligation; (ii) a derivative instrument entered into in connection with, or pledged as security or a source of payment for, an existing or planned debt obligation; or (iii) a Page 318 of 532 4855-6778-8216\4 14 guarantee of (i) or (ii). The term “financial obligation” shall not include municipal securities as to which a final official statement has been provided to the MSRB consistent with the Rule. As used herein, for those events that must be reported if material, a “Material Fact” is a fact as to which a substantial likelihood exists that a reasonably prudent investor would attach importance thereto in deciding to buy, hold or sell the Bonds or, if not disclosed, would significantly alter the total information otherwise available to an investor from the Official Statement, information disclosed hereunder or information generally available to the public. Notwithstanding the foregoing sentence, a Material Fact is also a fact that would be deemed material for purposes of the purchase, holding or sale of the Bonds within the meaning of applicable federal securities laws, as interpreted at the time of discovery of the occurrence of the event. For the purposes of the event identified in (L) hereinabove, the event is considered to occur when any of the following occur: the appointment of a receiver, fiscal agent or similar officer for an obligated person in a proceeding under the U.S. Bankruptcy Code or in any other proceeding under state or federal law in which a court or governmental authority has assumed jurisdiction over substantially all of the assets or business of the obligated person, or if such jurisdiction has been assumed by leaving the existing governing body and officials or officers in possession but subject to the supervision and orders of a court or governmental authority, or the entry of an order confirming a plan of reorganization, arrangement or liquidation by a court or governmental authority having supervision or jurisdiction over substantially all of the assets or business of the obligated person. (3) In a timely manner, to the MSRB through EMMA, notice of the occurrence of any of the following events or conditions: (A) the failure of the City to provide the Disclosure Information required under paragraph (b)(1) at the time specified thereunder; (B) the amendment or supplementing of this section pursuant to subsection (d), together with a copy of such amendment or supplement and any explanation provided by the City under subsection (d)(2); (C) the termination of the obligations of the City under this section pursuant to subsection (d); (D) any change in the accounting principles pursuant to which the financial statements constituting a portion of the Disclosure Information are prepared; and (E) any change in the fiscal year of the City. (c) Manner of Disclosure. (1) The City agrees to make available to the MSRB through EMMA, in an electronic format as prescribed by the MSRB, the information described in subsection (b). (2) All documents provided to the MSRB pursuant to this subsection (c) shall be accompanied by identifying information as prescribed by the MSRB from time to time. Page 319 of 532 4855-6778-8216\4 15 (d) Term; Amendments; Interpretation. (1) The covenants of the City in this section shall remain in effect so long as any Bonds are outstanding. Notwithstanding the preceding sentence, however, the obligations of the City under this section shall terminate and be without further effect as of any date on which the City delivers to the Registrar an opinion of Bond Counsel to the effect that, because of legislative action or final judicial or administrative actions or proceedings, the failure of the City to comply with the requirements of this section will not cause participating underwriters in the primary offering of the Bonds to be in violation of the Rule or other applicable requirements of the Securities Exchange Act of 1934, as amended, or any statutes or laws successory thereto or amendatory thereof. (2) This section (and the form and requirements of the Disclosure Information) may be amended or supplemented by the City from time to time, without notice to (except as provided in paragraph (c)(2) hereof) or the consent of the Owners of any Bonds, by a resolution of this Council filed in the office of the recording officer of the City accompanied by an opinion of Bond Counsel, who may rely on certificates of the City and others and the opinion may be subject to customary qualifications, to the effect that: (i) such amendment or supplement (a) is made in connection with a change in circumstances that arises from a change in law or regulation or a change in the identity, nature or status of the City or the type of operations conducted by the City, or (b) is required by, or better complies with, the provisions of paragraph (b)(5) of the Rule; (ii) this section as so amended or supplemented would have complied with the requirements of paragraph (b)(5) of the Rule at the time of the primary offering of the Bonds, giving effect to any change in circumstances applicable under clause (i)(a) and assuming that the Rule as in effect and interpreted at the time of the amendment or supplement was in effect at the time of the primary offering; and (iii) such amendment or supplement does not materially impair the interests of the Bondowners under the Rule. If the Disclosure Information is so amended, the City agrees to provide, contemporaneously with the effectiveness of such amendment, an explanation of the reasons for the amendment and the effect, if any, of the change in the type of financial information or operating data being provided hereunder. (3) This section is entered into to comply with the continuing disclosure provisions of the Rule and should be construed so as to satisfy the requirements of paragraph (b)(5) of the Rule. SECTION 9. CERTIFICATION OF PROCEEDINGS. 9.01. Registration of Bonds. The City Clerk is hereby authorized and directed to file a certified copy of this resolution with the County Auditor of Dakota County, together with such additional information as is required, and to obtain a certificate that the Bonds and the taxes levied pursuant hereto have been duly entered upon the County Auditor’s Bond register. Page 320 of 532 4855-6778-8216\4 16 9.02. Authentication of Transcript. The officers of the City and the County Auditor are hereby authorized and directed to prepare and furnish to the Purchaser and to Dorsey & Whitney LLP, Bond Counsel, certified copies of all proceedings and records relating to the Bonds and such other affidavits, certificates and information as may be required to show the facts relating to the legality and marketability of the Bonds, as the same appear from the books and records in their custody and control or as otherwise known to them, and all such certified copies, affidavits and certificates, including any heretofore furnished, shall be deemed representations of the City as to the correctness of all statements contained therein. 9.03. Official Statement. The Preliminary Official Statement relating to the Bonds prepared and distributed by Northland is hereby approved. Northland is hereby authorized on behalf of the City to prepare and distribute to the Purchaser within seven business days from the date hereof, a Final Official Statement listing the offering price, the interest rates, selling compensation, delivery date, the underwriters and such other information relating to the Bonds required to be included in the Official Statement by Rule l5c2-12 adopted by the Securities and Exchange Commission under the Securities Exchange Act of 1934. The officers of the City are hereby authorized and directed to execute such certificates as may be appropriate concerning the accuracy, completeness and sufficiency of the Official Statement. Page 321 of 532 4855-6778-8216\4 17 APPROVED AND ADOPTED this ___ day of June, 2024. CITY OF LAKEVILLE By: Luke M. Hellier, Mayor ATTEST: Ann Orlofsky, City Clerk VOTE Hellier Bermel Lee Volk Wolter Aye ☐☐☐☐☐ Nay ☐☐☐☐☐ Abstain ☐☐☐☐☐ Absent ☐☐☐☐☐ Page 322 of 532 4855-6778-8216\4 EXHIBIT A [To Come] Maturity Street Reconstruction Bonds Park Improvement Bonds Total Page 323 of 532 4855-6778-8216\4 EXHIBIT B UNITED STATES OF AMERICA STATE OF MINNESOTA COUNTY OF DAKOTA CITY OF LAKEVILLE GENERAL OBLIGATION BONDS, SERIES 2024A R-___$_________ Interest Rate Maturity Date Date of Original Issue CUSIP No. __%February 1, 20__July 17, 2024 REGISTERED OWNER: CEDE & CO. PRINCIPAL AMOUNT: THOUSAND DOLLARS CITY OF LAKEVILLE, State of Minnesota (the “City”) acknowledges itself to be indebted and for value received hereby promises to pay to the registered owner specified above, or registered assigns, the principal amount specified above on the maturity date specified above and promises to pay interest thereon from the date of original issue specified above or from the most recent Interest Payment Date (as hereinafter defined) to which interest has been paid or duly provided for, at the annual interest rate specified above, payable on February 1 and August 1 in each year, commencing February 1, 2025 (each such date, an “Interest Payment Date”), all subject to the provisions referred to herein with respect to the redemption of the principal of this Bond before maturity. The interest so payable on any Interest Payment Date shall be paid to the person in whose name this Bond is registered at the close of business on the fifteenth day (whether or not a business day) of the calendar month preceding that in which such Interest Payment Date occurs. Interest hereon shall be computed on the basis of a 360-day year composed of twelve 30-day months. The interest hereon and, upon presentation and surrender hereof at the principal office of the agent of the Registrar described below, the principal hereof are payable in lawful money of the United States of America by check or draft drawn on U.S. Bank Trust Company, National Association, Saint Paul, Minnesota, as Bond registrar, transfer agent and paying agent, or its successor designated under the Resolution described herein (the “Registrar”) or other agreed-upon means of payment by the Registrar or its designated successor. For the prompt and full payment of such principal and interest as the same respectively come due, the full faith and credit and taxing powers of the City have been and are hereby irrevocably pledged. This Bond is one of an issue (the “Bonds”) in the aggregate principal amount of $[_____] issued pursuant to a resolution adopted by the City Council on June 17, 2024 (the “Resolution”), to finance various street and park improvement projects in the City. This Bond issued by authority of and in strict accordance with the provisions of the Constitution and laws of the State of Minnesota thereunto enabling, including Minnesota Statutes, Chapter 475. For the full and prompt payment of the principal of and interest on the Bonds as the same become due, the full faith, credit and taxing power of the City have been and are hereby Page 324 of 532 4855-6778-8216\4 2 irrevocably pledged. The Bonds are issuable only in fully registered form, in the denomination of $5,000 or any integral multiple thereof, of single maturities. Bonds maturing on February 1, 2033 and later years shall be subject to redemption and prepayment at the option of the City, in whole or in part, in such order of maturity dates as the City may select and, within a maturity, by lot as selected by the Registrar (or, if applicable, by the Bond depository in accordance with its customary procedures) in multiples of $5,000, on February 1, 2032 and on any date thereafter, at a price equal to the principal amount thereof and accrued interest to the date of redemption. The City shall cause notice of the call for redemption thereof to be published if and to the extent required by law, and at least thirty (30) and not more than sixty (60) days prior to the designated redemption date, shall cause notice of call for redemption to be mailed, by first class mail (or, if applicable, provided in accordance with the operational arrangements of the securities depository), to the registered holders of any Bonds, at the holders’ addresses as they appear on the Bond register maintained by the Bond Registrar, but no defect in or failure to give such mailed notice of redemption shall affect the validity of proceedings for the redemption of any Bond not affected by such defect or failure. Official notice of redemption having been given as aforesaid, the Bonds or portions of Bonds so to be redeemed shall, on the redemption date, become due and payable at the redemption price therein specified and from and after such date (unless the City shall default in the payment of the redemption price) such Bonds or portions of Bonds shall cease to bear interest. Upon partial redemption of any Bond, a new Bond or Bonds will be delivered to the owner without charge, representing the remaining principal amount outstanding. [Bonds maturing in the years [____] shall be subject to mandatory redemption, at a redemption price equal to their principal amount plus interest accrued thereon to the redemption date, without premium, on February 1 in each of the years shown below, in an amount equal to the following principal amounts: Term Bonds Maturing in 20[__]Term Bonds Maturing in 20[__] Sinking Fund Payment Date Aggregate Principal Amount Sinking Fund Payment Date Aggregate Principal Amount $$ ** *final maturity *final maturity Notice of redemption shall be given as provided in the preceding paragraph.] As provided in the Resolution and subject to certain limitations set forth therein, this Bond is transferable upon the books of the City at the principal office of the Registrar, by the registered owner hereof in person or by the owner’s attorney duly authorized in writing upon surrender hereof together with a written instrument of transfer satisfactory to the Registrar, duly executed by the registered owner or the owner’s attorney, and may also be surrendered in exchange for Bonds of other authorized denominations. Upon such transfer or exchange the City will cause a new Bond or Bonds to be issued in the name of the designated transferee or registered owner, of the same aggregate principal amount, bearing interest at the same rate and maturing on the same date; subject to reimbursement for any tax, fee or governmental charge required to be paid with respect to any such transfer or exchange. The City and the Registrar may deem and treat the person in whose name this Bond is registered as the absolute owner hereof, whether this Bond is overdue or not, for the purpose of receiving payment as herein provided and for all other purposes, and neither the City nor the Registrar shall be affected by any notice to the contrary. Page 325 of 532 4855-6778-8216\4 3 Notwithstanding any other provisions of this Bond, so long as this Bond is registered in the name of Cede & Co., as nominee of The Depository Trust Company, or in the name of any other nominee of The Depository Trust Company or other securities depository, the Registrar shall pay all principal of and interest on this Bond, and shall give all notices with respect to this Bond, only to Cede & Co. or other nominee in accordance with the operational arrangements of The Depository Trust Company or other securities depository as agreed to by the City. IT IS HEREBY CERTIFIED, RECITED, COVENANTED AND AGREED that all acts, conditions and things required by the Constitution and laws of the State of Minnesota to be done, to exist, to happen and to be performed preliminary to and in the issuance of this Bond in order to make it a valid and binding general obligation of the City in accordance with its terms, have been done, do exist, have happened and have been performed as so required; that, prior to the issuance hereof, the City Council has by the Resolution covenanted and agreed to collect and apply to payment of the bonds certain ad valorem taxes, which taxes are estimated to be collectible in years and amounts sufficient to produce sums not less than 5% in excess of the principal of and interest on the Bonds when due, and has appropriated such taxes to its General Obligation Bonds, Series 2024A Bond Fund for the payment of such principal and interest; that if necessary for the payment of such principal and interest, additional ad valorem taxes are required to be levied upon all taxable property in the City, without limitation as to rate or amount; that all proceedings relative to the projects financed by this Bond have been or will be taken according to law and that the issuance of this Bond, together with all other indebtedness of the City outstanding on the date hereof and on the date of its actual issuance and delivery, does not cause the indebtedness of the City to exceed any constitutional or statutory limitation of indebtedness. This Bond shall not be valid or become obligatory for any purpose or be entitled to any security or benefit under the Resolution until the Certificate of Authentication hereon shall have been executed by the Registrar by manual signature of one of its authorized representatives. Page 326 of 532 4855-6778-8216\4 4 IN WITNESS WHEREOF, the City has caused this Bond to be executed on its behalf by the facsimile signatures of its Mayor and City Clerk and has caused this Bond to be dated as of the date set forth below. CITY OF LAKEVILLE, MINNESOTA (facsimile signature – City Clerk) (facsimile signature – Mayor) __________ CERTIFICATE OF AUTHENTICATION This is one of the Bonds delivered pursuant to the Resolution mentioned within. Date of Authentication: __________________ U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION as Registrar By Authorized Representative Page 327 of 532 4855-6778-8216\4 5 The following abbreviations, when used in the inscription on the face of this Bond, shall be construed as though they were written out in full according to the applicable laws or regulations: TEN COM --as tenants in common UTMA …………. as Custodian for ………….. (Cust)(Minor) TEN ENT --as tenants by the entireties under Uniform Transfers to Minors Act ....…….. (State) JT TEN --as joint tenants with right of survivorship and not as tenants in common Additional abbreviations may also be used. __________ ASSIGNMENT For value received, the undersigned hereby sells, assigns and transfers unto ______________________________________________________________________ the within Bond and all rights thereunder, and does hereby irrevocably constitute and appoint ______________________________________________________________________ attorney to transfer the said Bond on the books kept for registration of the within Bond, with full power of substitution in the premises. Dated: NOTICE: The assignor's signature to this assignment must correspond with the name as it appears upon the face of the within Bond in every particular, without alteration or enlargement or any change whatsoever. Signature Guaranteed: Signature(s) must be guaranteed by an “eligible guarantor institution” meeting the requirements of the Registrar, which requirements include membership or participation in STAMP or such other “signature guaranty program” as may be determined by the Registrar in addition to or in substitution for STAMP, all in accordance with the Securities Exchange Act of 1934, as amended. PLEASE INSERT SOCIAL SECURITY OR OTHER IDENTIFYING NUMBER OF ASSIGNEE: Page 328 of 532 4855-6778-8216\4 EXHIBIT C TAX LEVIES [to come] Page 329 of 532 4855-6778-8216\4 DAKOTA COUNTY AUDITOR’S CERTIFICATE AS TO REGISTRATION AND TAX LEVY The undersigned, being the duly qualified and acting County Auditor of Dakota County, Minnesota, hereby certifies that there has been filed in my office a certified copy of a resolution duly adopted on June 17, 2024, by the City Council of Lakeville, Minnesota, setting forth the form and details of an issue of $[_____] General Obligation Bonds, Series 2024A dated the date of issuance thereof. I further certify that the issue has been entered on my bond register and the tax required by law for their payment has been levied and filed as required by Minnesota Statutes, Sections 475.61 through 475.63. WITNESS my hand and official seal on the _____ day of July, 2024. Dakota County Auditor (SEAL) Page 330 of 532 Rating Action: Moody's Ratings assigns Aaa to the City of Lakeville, MN's GO bonds; affirms outstanding ratings 29 May 2024 New York, May 29, 2024 -- Moody's Ratings (Moody's) has assigned a Aaa rating to the City of Lakeville, MN's General Obligation Bonds, Series 2024A, with a proposed par amount of about $22 million. Moody's has also affirmed the city's Aaa issuer rating, Aaa GOULT ratings, and Aa2 lease revenue rating. Following the sale, the city will have around $155 million in GOULT debt and about $800,000 in lease revenue debt. The stable outlook was removed because Moody's no longer assigns outlooks to local governments with less than $250 million of debt outstanding. RATINGS RATIONALE The Aaa issuer rating reflects the city's growing economy within the Twin Cities metro area with very strong resident income of over 165% and high full value per capita of nearly $180,000. The city's robust financial reserves will continue to be supported by growing revenue and prudent management. Management estimates that the general fund closed 2023 essentially balanced, and stable operations are expected for 2024. Available fund balance at the close of fiscal 2022 was over 80% of revenue. Leverage is moderate at just over 200% of revenue, and fixed-costs are low at 11% of revenue. The Aaa rating on the GOULT bonds is at the same level as the city's issuer rating because the city has pledged its full faith, credit and taxing power for repayment of the bonds. The Aa2 on outstanding lease revenue bonds is notched twice from the GOULT rating to incorporate the risk of annual non-appropriation and the less essential nature of the leased assets (liquor store and ice arena). RATING OUTLOOK Moody's does not assign outlooks to local governments with this amount of debt. Page 331 of 532 FACTORS THAT COULD LEAD TO AN UPGRADE OF THE RATINGS - Not applicable FACTORS THAT COULD LEAD TO A DOWNGRADE OF THE RATINGS - Deterioration of available fund balance ratio below 50% - Growth in long-term liabilities ratio above 300% LEGAL SECURITY The city's GOULT bonds are supported by the city's full faith and credit pledge and the authority to levy a dedicated property tax unlimited as to rate and amount. The bonds are also backed by state statute. The city's outstanding lease revenue debt is supported by its pledge to make annual lease payments, which are subject to annual appropriation. USE OF PROCEEDS The Series 2024A bonds will fund street improvements and park improvements. Voters approved a $38 million referendum for park improvements in 2021. The 2024A bonds mark the third and final series of debt issued under the referendum. PROFILE The City of Lakeville is located about 20 miles south of downtown Minneapolis (Aa1 positive) and encompasses nearly 40 square miles in Dakota County (Aaa). The city serves a rapidly growing population with over 70,000 residents. The city's primary functions include general government administration, police and fire protection, street maintenance, engineering, planning and zoning, parks and recreation, and community and economic development services. The city also operates two enterprise funds for four off-sale liquor stores and a water, sanitary sewer, streetlight and environmental resources utility. METHODOLOGY The principal methodology used in these ratings was US Cities and Counties Methodology published in November 2022 and available at https://ratings.moodys.com/rmc-documents/386953 . Alternatively, please see the Rating Methodologies page on https://ratings.moodys.com for a copy of this methodology. REGULATORY DISCLOSURES For further specification of Moody's key rating assumptions and sensitivity analysis, Page 332 of 532 see the sections Methodology Assumptions and Sensitivity to Assumptions in the disclosure form. Moody's Rating Symbols and Definitions can be found on https://ratings.moodys.com/rating-definitions . For ratings issued on a program, series, category/class of debt or security this announcement provides certain regulatory disclosures in relation to each rating of a subsequently issued bond or note of the same series, category/class of debt, security or pursuant to a program for which the ratings are derived exclusively from existing ratings in accordance with Moody's rating practices. For ratings issued on a support provider, this announcement provides certain regulatory disclosures in relation to the credit rating action on the support provider and in relation to each particular credit rating action for securities that derive their credit ratings from the support provider's credit rating. For provisional ratings, this announcement provides certain regulatory disclosures in relation to the provisional rating assigned, and in relation to a definitive rating that may be assigned subsequent to the final issuance of the debt, in each case where the transaction structure and terms have not changed prior to the assignment of the definitive rating in a manner that would have affected the rating. For further information please see the issuer/deal page for the respective issuer on https://ratings.moodys.com . Regulatory disclosures contained in this press release apply to the credit rating and, if applicable, the related rating outlook or rating review. Please see https://ratings.moodys.com for any updates on changes to the lead rating analyst and to the Moody's legal entity that has issued the rating. Please see the issuer/deal page on https://ratings.moodys.com for additional regulatory disclosures for each credit rating. Ryan Patton Lead Analyst REGIONAL_MIDWEST Moody's Investors Service, Inc. 100 N Riverside Plaza Suite 2220 Chicago 60606 JOURNALISTS: 1 212 553 0376 Client Service: 1 212 553 1653 Rachel Cortez Additional Contact REGIONAL_MIDWEST JOURNALISTS: 1 212 553 0376 Client Service: 1 212 553 1653 Releasing Office: Page 333 of 532 Moody's Investors Service, Inc. 250 Greenwich Street New York, NY 10007 U.S.A JOURNALISTS: 1 212 553 0376 Client Service: 1 212 553 1653 © 2024 Moody’s Corporation, Moody’s Investors Service, Inc., Moody’s Analytics, Inc. and/or their licensors and affiliates (collectively, “MOODY’S”). All rights reserved. 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MJKK and MSFJ also maintain policies and procedures to address Japanese regulatory requirements. Page 337 of 532 Date: 6/17/2024 Acknowledge Receipt of Lakeville Annual Comprehensive Financial Report for the Year Ended December 31, 2023 Proposed Action Staff recommends adoption of the following motion: Move to acknowledge receipt of City of Lakeville Annual Comprehensive Financial Report for the Year Ended December 31, 2023. Overview Draft copies of the City of Lakeville Annual Comprehensive Financial Report (ACFR) for the Year Ended December 31, 2023 and auditor communications are attached for City Council review and approval. The certified public accounting firm of CliftonLarsonAllen, LLP (CLA) has audited the financial report. In their opinion, the financial statements, as presented, represent the financial position of City of Lakeville as of December 31, 2023 and the results of operations for the year ended. Mr. Chris Knopik (Principal with CLA) will present an overview at the June 17 Council meeting. An overview of the financial operations is provided in the Letter of Transmittal and Management’s Discussion and Analysis. Following acceptance of the 2023 Annual Comprehensive Financial Report by Council, staff will submit the report to the MN State Auditor’s Office and to the Government Finance Officers Association for the Certificate of Achievement in Excellence in Financial Reporting Award by the June 30, 2024 deadline. The report will also be made available on the City website. Supporting Information 1. City of Lakeville 12.31.2023 ACFR 2. City of Lakeville 12.31.2023 Executive Audit Summary 3. City of Lakeville 12.31.2023 Governance Communications Letter 4. City of Lakeville 12.31.2023 Internal Control Letter 5. City of Lakeville 12.31.2023 MN Legal Compliance Letter Financial Impact: $ N/A Budgeted: Yes Source: N/A Envision Lakeville Community Values: Good Value for Public Service Report Completed by: Julie Stahl, Finance Director Page 338 of 532 Page 339 of 532 CITY OF LAKEVILLE, MINNESOTA ANNUAL COMPREHENSIVE FINANCIAL REPORT YEAR ENDED DECEMBER 31, 2023 PREPARED BY THE FINANCE DEPARTMENT Page 340 of 532 CITY OF LAKEVILLE TABLE OF CONTENTS YEAR ENDED DECEMBER 31, 2023 INTRODUCTORY SECTION LETTER OF TRANSMITTAL 1 ELECTED AND APPOINTED OFFICIALS 12 ORGANIZATIONAL CHART 13 CERTIFICATE OF ACHIEVEMENT FOR EXCELLENCE IN FINANCIAL REPORTING 14 FINANCIAL SECTION INDEPENDENT AUDITORS’ REPORT 15 MANAGEMENT’S DISCUSSION AND ANALYSIS 19 BASIC FINANCIAL STATEMENTS STATEMENT OF NET POSITION 36 STATEMENT OF ACTIVITIES 37 BALANCE SHEET – GOVERNMENTAL FUNDS 38 RECONCILIATION OF THE BALANCE SHEET TO THE STATEMENT OF NET POSITION – GOVERNMENTAL ACTIVITIES 39 STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES – GOVERNMENTAL FUNDS 40 RECONCILIATION OF THE STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES TO THE STATEMENT OF ACTIVITIES – GOVERNMENTAL ACTIVITIES 41 STATEMENT OF NET POSITION – PROPRIETARY FUNDS 42 STATEMENT OF NET REVENUES, EXPENSES, AND CHANGES IN NET POSITION – PROPRIETARY FUNDS 43 STATEMENT OF CASH FLOWS – PROPRIETARY FUNDS 44 STATEMENT OF FIDUCIARY NET POSITION – CUSTODIAL FUND 45 STATEMENT OF CHANGES IN FIDUCIARY NET POSITION – CUSTODIAL FUND 46 NOTES TO BASIC FINANCIAL STATEMENTS 47 REQUIRED SUPPLEMENTARY INFORMATION GENERAL FUND SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES – BUDGETARY COMPARISON 102 NOTE TO REQUIRED SUPPLEMENTARY INFORMATION 107 PERA – GENERAL EMPLOYEES RETIREMENT FUND 108 PERA – PUBLIC EMPLOYEES POLICE AND FIRE FUND 109 NOTES TO REQUIRED SUPPLEMENTARY INFORMATION – STATEWIDE PLANS 110 NET PENSION LIABILITY (ASSET) AND RELATED RATIOS – LAKEVILLE FIRE RELIEF ASSOCIATION 117 SCHEDULE OF CHANGES IN THE CITY’S TOTAL OPEB LIABILITY AND RELATED RATIOS 118 Page 341 of 532 CITY OF LAKEVILLE TABLE OF CONTENTS YEAR ENDED DECEMBER 31, 2023 COMBINING AND INDIVIDUAL FUND STATEMENTS AND SCHEDULES NONMAJOR GOVERNMENTAL FUNDS SPECIAL REVENUE FUNDS (NONMAJOR) – COMBINING BALANCE SHEET 121 SPECIAL REVENUE FUNDS (NONMAJOR) – COMBINING STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES 122 PROPRIETARY FUNDS - INTERNAL SERVICE FUNDS INTERNAL SERVICE FUNDS – COMBINING STATEMENT OF NET POSITION 124 INTERNAL SERVICE FUNDS – COMBINING STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN NET POSITION 125 INTERNAL SERVICE FUNDS – COMBINING STATEMENT OF CASH FLOWS 126 STATISTICAL SECTION (UNAUDITED) NET POSITION BY COMPONENT – GOVERNMENT WIDE 127 CHANGES IN NET POSITION BY COMPONENT – GOVERNMENTAL ACTIVITIES 129 CHANGES IN NET POSITION BY COMPONENT – BUSINESS-TYPE ACTIVITIES 131 CHANGES IN NET POSITION BY COMPONENT – TOTAL GOVERNMENTAL AND BUSINESS-TYPE ACTIVITIES 133 FUND BALANCES – GOVERNMENTAL FUNDS 135 CHANGES IN FUND BALANCES – GOVERNMENTAL FUNDS 137 TAX CAPACITY VALUATION AND ASSESSOR’S TAXABLE MARKET VALUE OF TAXABLE PROPERTY 139 PROPERTY TAX RATES – DIRECT AND OVERLAPPING GOVERNMENTS 141 PRINCIPAL PROPERTY TAXPAYERS 142 PROPERTY TAX LEVY AND COLLECTIONS 143 RATIO OF TOTAL DEBT BY TYPE 144 RATIO OF NET BONDED DEBT OUTSTANDING 145 DIRECT AND OVERLAPPING GOVERNMENTAL DEBT 146 LEGAL DEBT MARGIN 147 PLEDGED REVENUE COVERAGE 148 DEMOGRAPHIC AND ECONOMIC STATISTICS 149 PRINCIPAL EMPLOYERS 150 COMMERCIAL AND INDUSTRIAL BUILDING PERMITS ISSUED 151 EMPLOYEES BY FUNCTION/PROGRAM (FULL-TIME EQUIVALENT) 152 OPERATING INDICATORS BY FUNCTION 153 CAPITAL ASSET STATISTICS BY FUNCTION 154 Page 342 of 532 INTRODUCTORY SECTION Page 343 of 532 (1) June 5, 2024 The Honorable Mayor and Council Members 20195 Holyoke Avenue Lakeville, Minnesota 55044 Honorable Mayor, Members of the City Council and Citizens of the City of Lakeville: The Annual Comprehensive Financial Report is hereby presented for the purpose of providing you, the reader, with a thorough overview of the financial affairs of the City for the year ended December 31, 2023. The Report was prepared in accordance with Minnesota Statutes and Generally Accepted Accounting Principles (GAAP). This report was prepared by the City’s Finance Department and consists of management’s representations concerning the finances of the City. Consequently, management assumes full responsibility for the completeness and reliability of all information presented in this report. To provide a reasonable basis for making these representations, management of the City has established internal controls designed to protect the City’s assets from loss, theft or misuse and to provide sufficient reliable information for the preparation of these financial statements in conformity with GAAP. Because the cost of internal controls should not outweigh their benefits, the City’s internal controls have been designed to provide reasonable rather than absolute assurance that the financial statements will be free from material misstatements. As management, we assert that to the best of our knowledge and belief this report is complete and reliable in all material respects. The City of Lakeville’s financial statements have been audited by CliftonLarsonAllen LLP, a professional firm of certified public accountants. The independent auditor’s report is included in the Financial Section of this report. The auditors have given this report an unmodified (“clean”) opinion, meaning that the financial statements fairly present the City’s financial position at December 31, 2023 and the changes in financial position for the year then ended. Management’s discussion and analysis (MD&A) immediately follows the independent auditors’ report and provides a narrative introduction, overview, and analysis of the basic financial statements. MD&A complements this letter of transmittal and should be read in conjunction with it. 20195 Holyoke Avenue, Lakeville, MN 55044 952-985-4400 • 952-985-4499 fax www.lakevillemn.gov Page 344 of 532 (2) Profile of Government The City of Lakeville is a suburban community located 20 miles south of downtown Minneapolis in the southeast corner of the Twin Cities metropolitan area within Dakota County. Lakeville enjoys an excellent location, with convenient access to the Minneapolis-Saint Paul metropolitan area via interstate highway I-35. The City is also just 25 minutes from the Minneapolis-Saint Paul International Airport. Lakeville continues to be one of the fastest growing cities in Minnesota with a population that has grown from 55,954 in 2010 to 75,217 in 2023. The City of Lakeville operates under the Mayor-Council form of organization. The governing City Council consists of the Mayor and four other Council members. The City Council is responsible for, among other things, passing ordinances, adopting the budget, appointing members to the various committees and commissions and hiring the City Administrator. The City Administrator is responsible for carrying out the policies, directions, and ordinances of the City Council and for overseeing the day-to-day operations of the City. The City Council is elected on a non-partisan at-large basis. The Mayor is elected to serve a four-year term, while Council Members serve four-year staggered terms, with two Council Members elected every two years. The City provides its residents and businesses with a full range of municipal services consisting of public safety (police and fire), public works, parks and recreation, and general government administration. The City also operates two enterprises: utilities (public water, sanitary sewer, street lights and environmental resources) and off-sale liquor stores. Sewage treatment and disposal is operated on a regional basis by the Metropolitan Council Environmental Services (MCES) and refuse collection and disposal are handled on a private basis through contractual arrangements by City residents with private haulers. Further information regarding city services can be obtained from the City’s website at www.lakevillemn.gov The City is financially accountable for the Housing and Redevelopment Authority (HRA), which is included in the City’s financial statement. Additional information on the HRA can be found in Note 1A. – Summary of Significant Accounting Policies of the Notes to Basic Financial Statements. The annual budget serves as the foundation for the City of Lakeville’s financial planning and control. The budgetary process is outlined in the notes within the required supplementary information section of this report. The City applies budgetary controls to ensure compliance with legal provisions of the laws of Minnesota. Budgets are adopted on a basis consistent with GAAP. Annual budgets are adopted for the general fund and special revenue funds. The general fund budgetary comparison schedules are presented within the required supplementary information section of this report. Factors Affecting Financial Condition The City of Lakeville is committed to maintaining a strong financial condition, while continuing to provide quality public services to its residents and businesses. The City’s financial position, as reflected in the financial statements presented in this report, is perhaps best understood when it is considered from the broader perspective of the environment within which the City operates. Page 345 of 532 (3) Local Economy The City’s tax base is primarily residential and consists of mostly single-family homes. Commercial and industrial properties make up approximately eleven percent of the tax base. The City’s valuation declined from its peak in 2009 to a low point in 2013. Since 2013, valuations have steadily grown due to a mix of new construction and appreciating values. The City’s valuation is now at a new peak and continues to grow. The City has grown by an estimated 15,856 new residents or approximately 26.7% since 2014, while the number of City employees has increased by 23.2%. The City has a land area of 38 square miles with approximately 22% of its land available for development. In 2023, final plats were approved for 174 single-family units, 66 detached townhomes, 91 attached townhomes, one commercial, one industrial and senior co-op unit developments. The trend for building permit activity for single-family homes is steady with building permits for single family homes/detached townhomes decreasing from 387 in 2022 to 367 in 2023. The 2024 budget is premised on conservative modest growth of new single-family homes in the coming year. Actual Residential Units Estimated Residential Units Actual Single Family Estimated Single Family Commercial and industrial building permit activity was valued at $97.6 million. Industrial development approved and under construction in 2023 included:  Airlake 70 1st Addition – final plat o A 276,480 square-foot cold storage warehouse facility located east of Cedar Avenue and south of future 215th St (County Road 70)  Oppidan Investment Company o A 360,000 square-foot industrial office warehouse located at 21601 Galway Lane near intersection of Cedar Avenue and the extension of County Road 70 Page 346 of 532 (4)  Old Dominion Freight Line o LTL freight shipping and logistics company located in Lakeville’s industrial park  Sweet Harvest Foods o Future tenant build-out on 21601 Galway Lane  Dick’s Sanitation o Add 3,360 square-foot addition onto its existing building Institutional development in 2023  Antlers Park o Enclosed park building with catering kitchen, three open-air shelters, a new accessible playground, and Lake Marion Greenway trail head  Lakeville Soccer Club o Indoor soccer training facility and administrative offices  The Goddard School o Expanded their building by 3,500 square-foot  Christian Heritage Academy o Expansion to add three classrooms and additional common area learning space 15,871 square-foot Commercial projects approved under construction in 2023:  Resilience Martial Arts o Tenant remodel at 17630 Juniper Path  Goodwill o New 20,604 square-foot facility o This location will replace the existing store when the project is complete  Lakeville Brewing o Locate seasonal restaurant facility in Antlers Park  Taco Bell o Interior and exterior remodeling at 17750 Kenwood Trail  PetSuites o Construct 11,000 square-foot facility at 18440 Orchard Trail  DollarTree o Remodel former CVS located at 17578 Boulevard  ProSkin Laser o Interior remodel  Johnny Ringo’s o Build out restaurant space which is planned for an indoor capacity of 77 people and an outdoor patio space in the back of the building  MNGI Digestive Health o Tenant buildout in Lakeville Specialty Center  Allina Surgery Center and Allina Specialty Clinic o Tenant buildout in Lakeville Specialty Center  Regus o Private rental office space  Action Behavior Center o Interior remodel at 20890 Kenbridge Court Page 347 of 532 (5) New commercial businesses:  Baldy’s Tailgate Bar o Former Lakeville Family Bowl closed and remodel of the interior and expansion of the outdoor patio  Lakeville Specialty Center o 100,000 square-foot medical office building located just west of Buffalo Wild Wings  Lakeville Medical Building o 44,000 square-foot medical office building at the northeast corner of Cedar Avenue and Dodd Boulevard and anchored by Allina Health Primary Care & Eye Care  Bubble Barn Car Wash o Car wash facility located near Hy-Vee Fast & Fresh  Molldrem Family Dentistry o 5,200 square-foot medical office building  Lakeville Crossing Grocery o 6,241 square-foot expansion and remodel interior of former Kowalski’s Market/Family Leisure building for grocery tenant  United Christian Academy Daycare o A new pre-k through grade 12 private school campus, daycare facility, medical office, and equine therapy use  BeeHive Homes of Lakeville South o A second memory care facility o 24-unit facility offers assisted living and memory care services  Swing Lab Performance Golf o Located in the back of the former Holly’s Dance Studio o Offers golf lessons, club fittings, memberships and junior programs  Boba & Tea o Restaurant that serves a variety of bubble tea and coffee drinks  E+M Company o Women’s boutique offers both online and in-store shopping in downtown  Premium Moving Services o The business specializes in residential and commercial moves  Apple Ford Pro Elite Commercial Center o New location at 7200 Lakeville Boulevard  Wendy’s o Interior remodel  Next Step Dance Studio o Offers recreation and competition dance classes  Shaking Boba o Sells bubble tea and shaved ice  Board & Brush Creative Studio o Offers personalized sign painting workshops  You Glow Girl o Spa opened at 17400 Kenwood Trail and offers anti-aging treatments  Gold Tree Flow Shop o Floral arrangements and gifts  Mother Earth Motors o Offers pre-owned electric vehicles for sale Page 348 of 532 (6)  Panda Express o Restaurant with drive-thru  Scenthound o Dog grooming and routine care services  Farmhouse Music Studio o Piano lessons to ages 8 and up  Planet Fitness o Occupying 20,092 square-feet (approximately half) of the building and offers gym memberships  Idioma Coffee Roastery o Fresh roasted coffee located in downtown  Jersey Mike’s Subs o Restaurant offers hot and cold subs and catering options  Family Chiropractic + Wellness o Expansion at 17502 Dodd Boulevard  Minnesota Hospice o Provides routine home care, respite care and general inpatient care  Nexus of Hope Psychiatry & Mental Health Wellness o Provides treatments for ADHD, anxiety, depression, and post-traumatic stress disorder  HealthSource Chiropractic of Lakeville o Offers a variety of chiropractic care and spinal decompression therapy  New Creations Child Care o Childcare center that offers programming for infants, toddlers and preschool aged children  Crystal’s Cuddle Bug Childcare Center o The business has a capacity of 157 students and cares for infants through school age children  FYZICAL Therapy & Balance Centers o The business provides orthopedic rehabilitation and balance therapy  Somatic Healing and Alingment o Offers massage and somatic touch therapy  Allina Health Lakeville North Clinic o Primary care and specialty services including eye care, retail eye services and mental health services Page 349 of 532 (7) According to the Dakota County Assessor’s office, the estimated market value for the median value home increased by 4.36% as of March 2024 (for taxes payable 2024) to $445,000. For taxes payable 2025, the median value home has increased by 1.38% to $451,150. According to the Bureau of Labor Statistics, Lakeville’s unemployment rate is favorable compared to the State and National rates. Source: https://mn.gov/deed/data Major Initiatives Pressures and issues confronting the City were taken into account with the 2023 adopted budget including community growth, aging infrastructure, inflationary pressures, innovation and efficiencies, entrepreneurial efforts and preparing for the future. Community Growth. New residential housing construction continues to rise due in large part to improved economic conditions. The resumption of growth will result in increased demands for infrastructure enhancements as well as service delivery such as inspections, code enforcement, police, fire, streets, and parks. Addressing Aging Infrastructure. Our City has more than $400 million of investment in infrastructure such as roads, water mains, parks, trails, facilities, equipment, and other assets. The assets have maintenance, and in certain situations, replacement requirements. The 2023 budget addressed the short-term plan while the Capital Improvement Plan addressed the anticipated intermediate and long-term needs. The most significant 2023 projects included:  Annual pavement maintenance program to improve city-wide pavement management index  2023 Street Reconstruction  Ipava Avenue Reconstruction  179th St Project (Joint County Project)  185th St Project (Joint County Project) Page 350 of 532 (8) Inflationary Pressures. As the economy improves there will be upward pressure on commodities, services, and personnel costs. Inflation has increased significantly recently due to supply chain disruptions, etc. The budget anticipated modest price increases in the near term. Innovation and Efficiencies. Lakeville has a long-standing history of being fiscally conservative and prudent. Although the City of Lakeville receives no state aid for property tax relief, per capita current expenditures for operations are still amongst the lowest in the twin cities according to the Minnesota State Auditor’s Office. The adopted budget included several initiatives which continued the focus on a commitment to cost effectiveness and efficiencies. Effective application of technology is a major factor in optimizing organizational efficiencies. The City is currently in the process of converting the water meter system to a fixed-base system utilizing existing water towers as collectors. This will ensure accurate water monitoring and provide residents with timely information regarding their water usage. Entrepreneurial Efforts. Continued marketing initiatives are proposed to promote economic developments. Several years ago, property was acquired in southwestern Lakeville for what is now known as the Keokuk liquor store, the City’s fourth liquor store. The excess land adjacent to the Keokuk liquor store is currently being marketed for sale for a complementary business to further improve revenues and sales opportunities. Preparing for the Future. As a community that embraces a high quality of life and a pro- business attitude, Lakeville is “Positioned to Thrive.” It is an objective that embraces a vision for the future and a commitment to preparing for. Long-Term Financial Planning There is an interrelationship between a community’s physical development and its long-term financial plan. A comprehensive plan provides the guidance for current and future land use and public infrastructure decisions to provide managed growth throughout the community. The City of Lakeville completes an update of its Comprehensive Plan every ten years. The City prepares an annually updated Capital Improvement Plan (CIP) which is a flexible, five- year plan that identifies the City’s infrastructure, development objectives and allocation of financial resources. The CIP identifies funding for the projects and provides policy makers and the community with a strategic (documented) approach to implementation and administration of improvement projects. Page 351 of 532 (9) The City will invest $246 million in transportation, utility, equipment, technology, facilities, and parks over the next five years to achieve program objectives. The City has also implemented long-term financial planning models for its governmental funds, utility funds and debt funds. This effort of forecasting operating and capital budgets has positioned the City to better handle the growing demand for City services, increased infrastructure, and the economic impact of unforeseen events such as COVID-19. Moody’s Investors Service upgraded the City’s bond rating from Aa1 to Aaa in June, 2021, citing the City’s robust economic and financial performance that were exceptionally resilient throughout the coronavirus pandemic coupled with continued solid management practices that are expected to support strong credit fundamentals over the long-term. This top rating from Moody’s is shared by only thirteen other Minnesota cities. As of December 31, 2023, the City of Lakeville had approximately $146.8 million of debt outstanding. The City will issue approximately $28 million general obligation improvement bonds in the coming years to finance street reconstruction projects, facility expansion and development of community parks. Relevant Financial Policies The City has a number of policies which are utilized in the management of its fiscal affairs. The primary policies include, but are not limited to, operating budget policy, budget amendment process, revenue, debt, investment and fund balance. The City also adopted a Financial Sustainability and Resiliency policy in January 2020. • Operating Budgets. The City’s operating budget policy sets forth guidance with respect to balanced operating budgets, with an overriding goal of achieving structural balance over a longer-term period, while recognizing that in certain periods, revenues and expenditures may not be equal. A balanced budget for the General Fund is defined as revenues and other sources equal to or exceeding operating expenditures and other uses. Other sources can include that portion of General Fund balance that is allowed to be budgeted for use per the City’s fund balance policy. The budget will provide for adequate maintenance of capital facilities and equipment and for their orderly replacement. Page 352 of 532 (10) Balanced budgets for the proprietary enterprise funds are defined as providing sufficient revenues to support the operations of those funds, without subsidy from the General Fund or property taxes. Charges from the Proprietary Internal Service Funds shall be sufficient to support such activities, with no trend of operating deficits. The legal level of budgetary control (i.e., the level at which expenditures may not legally exceed appropriations) is at the fund level for the General Fund and Special Revenue Funds. The City Administrator has authorization to expend funds in excess of the appropriation for each department and to approve budget amendments between departments within a budgeted fund pursuant to all adopted financial policies. Budgeted expenditure appropriations lapse at year-end. Supplementary appropriations can be carried forward to the following year if approved by the City Council. • Revenue Policies. The City will project its annual revenues by a conservative objective and thorough analytical process. The City will endeavor to maintain a diversified and stable revenue system to shelter it from annual fluctuations in any one revenue source. All existing and potential revenue sources will be reexamined annually. New sources of non-property- tax revenue should always be actively explored. Where appropriate and not contrary to accepted public policy or statutes, emphasis will be directed toward full cost recovery through user fees. User fees and cost allocation formulas will be updated periodically (annually, if needed). Ongoing, the City will review the full cost of activities supported by user fees to identify the impact of inflation and other factors. The fees along with the resulting net property tax costs will be reviewed with the City Council during the budget process. Sensitivity to market rates will also be considered in setting fees. Intergovernmental grant requests are subject to fiscal review before the application is submitted. This review is to ensure that the grants do not create an obligation for unfunded expenditures by the City relating to the grant’s purpose and to provide an overall budgetary review of grant proposals. • Debt. The City’s debt policy provides guidance to ensure that long-term debt is utilized appropriately and in a fiscally prudent manner. Limiting long-term borrowing to capital improvements or other long-term projects which cannot, and appropriately should not, be financed from current revenues. Final maturity of bonds and notes should not exceed the expected useful life of the underlying project for which it is being issued. Where possible, the City will endeavor to pledge special assessments, State-aid or other non-tax revenues to debt service payments. • Investments. The City’s policy is to invest all available monies at competitive interest rates, coordinated with projections of the City’s operating and program cash flow needs. Interest earnings will be distributed to the funds based on the average cash balances. Investments will take into consideration safety, liquidity and yield as well as complying with State regulations. • Fund Balance. Fund balance or net position are terms used to define the difference between a fund’s assets, deferred outflows of financial resources, liabilities, and deferred inflows of financial resources. Fund balance is used in governmental fund types and net position is used in proprietary fund types and the government-wide financial statements. Page 353 of 532 (11) • Financial Sustainability and Resiliency Policy. The City Council adopted this new policy in January 2020. The purpose of this policy is to establish strategic financial sustainability and resiliency principles for the City of Lakeville, which may be used when developing the annual budget, long-term financial plans, and when making critical financial, economic development and community development decisions. Awards Certificate of Achievement The Government Finance Officers Association (GFOA) of the United States awarded a Certificate of Achievement for Excellence in Financial Reporting to the City of Lakeville, Minnesota, for its annual comprehensive financial report for the fiscal year ended December 31, 2022. This is the thirty-fifth consecutive year that the City of Lakeville has received this prestigious award. To be awarded a Certificate of Achievement for Excellence, a government must publish an easily readable and efficiently organized annual comprehensive financial report, and the contents must conform to the program standards. Such reports must satisfy both generally accepted accounting principles and applicable legal requirements. A Certificate of Achievement for Excellence in Financial Reporting is valid for a period of one year only. We believe our current annual comprehensive financial report continues to conform to the Certificate of Achievement for Excellence program requirements, and we are submitting it to the GFOA to determine its eligibility for another certificate. Financial Policy Challenge The City also earned recognition as a winner of the Financial Policy Challenge from the Government Finance Officers Association (GFOA) in 2021 for its Financial Sustainability and Resiliency Policy. The GFOA launched this Challenge as an opportunity for GFOA members to adopt and share financial policies that are essential to a strong financial foundation. Acknowledgements The preparation of this report could not have been accomplished without the professional, efficient, and dedicated services of the entire staff of the Finance Department. We would like to express our appreciation to all members of the department, with special recognition to Senior Financial Analysts Tom Nesseth, Laura Miller, and Julie Werner. We would also like to express our sincere gratitude to the City Council for its sincere commitment and progressive leadership in the financial affairs of our community. Respectfully submitted, Justin Miller Julie Stahl City Administrator Finance Director/Treasurer Page 354 of 532 CITY OF LAKEVILLE ELECTED AND APPOINTED OFFICIALS YEAR ENDED DECEMBER 31, 2023 (12) Term Expires Elected Officials December 31, Luke Hellier Mayor 2026 John Bermel Council Member 2024 Dan Wolter Council Member 2024 Joshua Lee Council Member 2026 Michelle Volk Council Member 2026 APPOINTED PERSONNEL Justin Miller City Administrator Julie Stahl Finance Director/Treasurer Ann Orlofsky City Clerk Page 355 of 532 CITY OF LAKEVILLE ORGANIZATIONAL CHART YEAR ENDED DECEMBER 31, 2023 (13) Page 356 of 532 CITY OF LAKEVILLE CERTIFICATE OF ACHIEVEMENT FOR EXCELLENCE IN FINANCIAL REPORTING DECEMBER 31, 2023 (14) Page 357 of 532 FINANCIAL SECTION Page 358 of 532 CLA (CliftonLarsonAllen LLP) is an independent network member of CLA Global. See CLAglobal.com/disclaimer. CliftonLarsonAllen LLP CLAconnect.com (15) INDEPENDENT AUDITORS’ REPORT Honorable Mayor and the City Council City of Lakeville, Minnesota Report on the Audit of the Financial Statements Opinions We have audited the accompanying financial statements of the governmental activities, the business- type activities, each major fund, and the aggregate remaining fund information of the City of Lakeville, as of and for the year ended December 31, 2023, and the related notes to the financial statements, which collectively comprise the City of Lakeville’s basic financial statements as listed in the table of contents. In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of the City of Lakeville as of December 31, 2023, and the respective changes in financial position and, where applicable, cash flows thereof for the year then ended in accordance with accounting principles generally accepted in the United States of America. Basis for Opinions We conducted our audit in accordance with auditing standards generally accepted in the United States of America (GAAS) and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Our responsibilities under those standards are further described in the Auditors’ Responsibilities for the Audit of the Financial Statements section of our report. We are required to be independent of the City of Lakeville and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements relating to our audit. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions. Responsibilities of Management for the Financial Statements Management is responsible for the preparation and fair presentation of the financial statements in accordance with accounting principles generally accepted in the United States of America, and for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, management is required to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the City of Lakeville’s ability to continue as a going concern for twelve months beyond the financial statement date, including any currently known information that may raise substantial doubt shortly thereafter. Page 359 of 532 Honorable Mayor and the City Council City of Lakeville, Minnesota (16) Auditors’ Responsibilities for the Audit of the Financial Statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditors’ report that includes our opinions. Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with GAAS and Government Auditing Standards will always detect a material misstatement when it exists. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Misstatements are considered material if there is a substantial likelihood that, individually or in the aggregate, they would influence the judgment made by a reasonable user based on the financial statements. In performing an audit in accordance with GAAS and Government Auditing Standards, we: • Exercise professional judgment and maintain professional skepticism throughout the audit. • Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. • Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of City of Lakeville’s internal control. Accordingly, no such opinion is expressed. • Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the financial statements. • Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about City of Lakeville’s ability to continue as a going concern for a reasonable period of time. We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and certain internal control related matters that we identified during the audit. Page 360 of 532 Honorable Mayor and the City Council City of Lakeville, Minnesota (17) Required Supplementary Information Accounting principles generally accepted in the United States of America require that the management’s discussion and analysis, budgetary comparison information, schedule of changes in the City’s total OPEB liability and related ratios, schedule of the City’s proportionate share of net pension liability, schedule of the City’s pension contributions, and the schedule of changes in net pension liability and related ratios be presented to supplement the basic financial statements. Such information is the responsibility of management and, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. We have applied certain limited procedures to the required supplementary information in accordance with GAAS, which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management’s responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance. Supplementary Information Our audit was conducted for the purpose of forming opinions on the financial statements that collectively comprise the City of Lakeville’s basic financial statements. The combining and individual fund statements and schedules are presented for purposes of additional analysis and are not a required part of the basic financial statements. Such information is the responsibility of management and was derived from and relates directly to the underlying accounting and other records used to prepare the basic financial statements. The information has been subjected to the auditing procedures applied in the audit of the basic financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the basic financial statements or to the basic financial statements themselves, and other additional procedures in accordance with GAAS. In our opinion, the combining and individual fund statements and schedules is fairly stated, in all material respects, in relation to the basic financial statements as a whole. Other Information Management is responsible for the other information included in the annual report. The other information comprises the introductory and statistical sections but does not include the basic financial statements and our auditors’ report thereon. Our opinions on the basic financial statements do not cover the other information, and we do not express an opinion or any form of assurance thereon. In connection with our audit of the basic financial statements, our responsibility is to read the other information and consider whether a material inconsistency exists between the other information and the basic financial statements, or the other information otherwise appears to be materially misstated. If, based on the work performed, we conclude that an uncorrected material misstatement of the other information exists, we are required to describe it in our report. Page 361 of 532 Honorable Mayor and the City Council City of Lakeville, Minnesota (18) Other Reporting Required by Government Auditing Standards In accordance with Government Auditing Standards, we have also issued our report dated June 5, 2024, on our consideration of the City of Lakeville’s internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements and other matters. The purpose of that report is solely to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the City of Lakeville’s internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering City of Lakeville’s internal control over financial reporting and compliance. CliftonLarsonAllen LLP Minneapolis, Minnesota June 5, 2024 Page 362 of 532 CITY OF LAKEVILLE MANAGEMENT’S DISCUSSION AND ANALYSIS YEAR ENDED DECEMBER 31, 2023 (19) As management of the City of Lakeville (the City), we offer readers of the City’s financial statements this narrative overview and analysis of the financial activities of the City for the fiscal year ended December 31, 2023. The discussion and analysis is intended to be considered in conjunction with the additional information that we have furnished in our letter of transmittal, located earlier in this report, and the City’s financial statements contained within this report. Financial Highlights • The assets and deferred outflows of resources of the City exceeded liabilities and deferred inflows of resources by $553,227,211 (net position) at the close of the most recent fiscal year. Of this amount, $50,764,552 (unrestricted net position) may be used to meet the government’s ongoing obligations to citizens and creditors. • The City’s total net position increased by $26,176,031 in 2023. • The City’s governmental funds reported combined ending fund balances of $122,202,864. Of this total amount, $68,727,151 or 56.2% is not restricted or nonspendable and is available for use within the City’s constraints and policies. • As of the end of the current fiscal year, the City’s total unassigned fund balance for the general fund was $18,715,015 or 51.5% of total general fund expenditures of $36,365,376. Overview of the Financial Statements This discussion and analysis is intended to serve as an introduction to the City’s basic financial statements. The City’s basic financial statements are comprised of three components: 1) government- wide financial statements, 2) fund financial statements, and 3) notes to basic financial statements. This report also contains other required supplementary information in addition to the basic financial statements themselves. Government-wide financial statements. The government-wide financial statements are designed to provide readers with a broad overview of the City’s finances, in a manner similar to a private-sector business. The government-wide financial statements include not only the City itself (known as the primary government), but also a legally separate housing and redevelopment authority (HRA) for which the City is considered to be financially accountable or for which the nature and significance of their relationship with the City is such that the exclusion would cause the City’s financial statements to be misleading or incomplete. Financial information for this component unit is blended within the financial information presented for the primary government itself. The Statement of Net Position presents information on all of the City’s assets, deferred outflows of resources, liabilities, and deferred inflows of resources, with the difference reported as net position. Over time, increases or decreases in net position may serve as a useful indicator of whether the financial position of the City is improving or deteriorating. Page 363 of 532 CITY OF LAKEVILLE MANAGEMENT’S DISCUSSION AND ANALYSIS YEAR ENDED DECEMBER 31, 2023 (20) The Statement of Activities presents information showing how the City’s net position changed during the most recent fiscal year. All changes in net position are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of related cash flows. Thus, revenues and expenses are reported in this statement for some items that will only result in cash flows in future fiscal periods (e.g., uncollected taxes and earned but unused vacation leave). Both of the government-wide financial statements distinguish functions of the City that are principally supported by taxes and intergovernmental revenues (governmental activities) from other functions that are intended to recover all or a significant portion of their costs through user fees and charges (business-type activities). The governmental activities of the City include general government, public safety, public works, and parks and recreation. The business-type activities of the City include the enterprise activities of the liquor operation and utility operation. Fund financial statements. A fund is a grouping of related accounts that is used to maintain control over resources that have been segregated for specific activities or objectives. The City, like other state and local governments, uses fund accounting to ensure and demonstrate compliance with finance- related legal requirements. All of the funds of the City can be divided into three categories: governmental funds, proprietary funds, and fiduciary funds. Governmental funds. Governmental funds are used to account for essentially the same functions reported as governmental activities in the government-wide financial statements. However, unlike the government-wide financial statements, governmental fund financial statements focus on near-term inflows and outflows of spendable resources, as well as on balances of spendable resources available at the end of the fiscal year. Such information may be useful in evaluating a government’s near-term financing requirements. Because the focus of governmental funds is narrower than that of the government-wide financial statements, it is useful to compare the information presented for governmental funds with similar information presented for governmental activities in the government-wide financial statements. By doing so, readers may better understand the long-term impact of the government’s near-term financing decisions. Both the governmental fund balance sheet and the governmental fund statement of revenues, expenditures, and changes in fund balances provide a reconciliation to facilitate this comparison between governmental funds and governmental activities. The City maintains 6 individual governmental funds. Information is presented separately in the governmental fund balance sheet and in the governmental fund statement of revenues, expenditures, and changes in fund balances for the general fund, debt service fund, and the capital projects fund, all of which are considered to be major funds. Data from the other governmental funds is combined into a single, aggregated presentation. Individual fund data for each of these nonmajor governmental funds is provided in the form of combining statements following the required supplementary information. Page 364 of 532 CITY OF LAKEVILLE MANAGEMENT’S DISCUSSION AND ANALYSIS YEAR ENDED DECEMBER 31, 2023 (21) The City adopts annual appropriated budgets for its general fund and special revenue funds. A budgetary comparison schedule has been provided as required supplementary information for the general fund to demonstrate compliance with this budget. Proprietary funds. The City maintains two different types of proprietary funds. Enterprise funds are used to report the same functions presented as business-type activities in the government-wide financial statements. The internal service fund is an accounting device used to accumulate and allocate costs internally among the City’s various functions. The City uses enterprise funds to account for its off-sale liquor and utility (water, sanitary sewer, streetlight, and environmental resources) operations. The City uses two internal service funds to account for its risk management insurance liability program and the compensated leave balances of governmental activities. These services benefit the governmental and business-type functions; therefore, they have been included within governmental and business-type activities in the government- wide financial statements. Proprietary funds provide the same type of information as the government-wide financial statements, only in more detail. The proprietary fund financial statements provide separate information for each of the enterprise funds, all of which are considered to be major funds of the City. The internal service funds are presented in a single aggregated presentation in the proprietary fund financial statements. Fiduciary funds. Fiduciary funds are used to account for resources held for the benefit of parties outside the government. Fiduciary funds are not reflected in the government-wide financial statement because the resources of those funds are not available to support the City’s own programs. The accounting used for fiduciary funds is much like that used for proprietary funds. Notes to basic financial statements. The notes provide additional information that is essential to a full understanding of the data provided in the government-wide and fund financial statements. Other information. In addition to the basic financial statements and accompanying notes, this report also presents certain required supplementary information. This section includes a budgetary comparison schedule and related notes for the general fund, a schedule of funding progress for the other postemployment benefits plan of the City, and schedules related to the City’s participation in defined benefit pension plans administered by the Minnesota Public Employees Retirement Association (PERA) and the Lakeville Fire Relief Association. The combining statements referred to earlier in connection with nonmajor governmental funds are presented immediately following the required supplementary information. . Page 365 of 532 CITY OF LAKEVILLE MANAGEMENT’S DISCUSSION AND ANALYSIS YEAR ENDED DECEMBER 31, 2023 (22) Government-wide Financial Analysis An analysis of the City’s financial position begins with a review of the Statement of Net Position and the Statement of Activities. These two statements report the City’s net position and changes in net position. It should be noted that the financial position can also be affected by nonfinancial factors, including economic conditions, population growth, and new regulations. As noted earlier, net position may serve over time as a useful indicator of the City’s financial position. As presented in the following condensed version of the Statement of Net Position, the City’s assets and deferred outflows of resources exceeded liabilities and deferred inflows of resources by $553,227,211 at December 31, 2023. By far the largest portion, or 77.6% of net position, is reflected in its net investment in capital assets (e.g. land, buildings and improvements, machinery and equipment, infrastructure, and construction in process) less any related debt used to acquire those assets that is still outstanding. The City uses these capital assets to provide services to citizens; consequently, these assets are not available for future spending. Although the City’s net investment in capital assets is reported net of related debt, it should be noted that the resources needed to repay this debt must be provided from other sources, since the capital assets themselves cannot be used to liquidate these liabilities. 2023 2022 2023 2022 2023 2022 Current and Other Assets 169,696,521$ 181,626,871$ 39,242,638$ 34,462,234$ 208,939,159$ 216,089,105$ Capital Assets 373,067,888 345,436,647 201,950,058 195,973,015 575,017,946 541,409,662 Total Assets 542,764,409 527,063,518 241,192,696 230,435,249 783,957,105 757,498,767 Deferred Outflows of Resources 19,363,267 23,793,040 955,128 1,217,838 20,318,395 25,010,878 Current and Other Liabilities 18,975,527 19,426,731 2,521,017 2,152,515 21,496,544 21,579,246 Other Liabilities 182,219,323 202,447,777 17,415,261 19,863,505 199,634,584 222,311,282 Total Liabilities 201,194,850 221,874,508 19,936,278 22,016,020 221,131,128 243,890,528 Deferred Inflows of Resources 28,915,650 11,432,840 1,001,511 135,097 29,917,161 11,567,937 Net Position: Net Investment in Capital Assets 240,978,608 218,867,352 188,259,693 180,563,445 429,238,301 399,430,797 Restricted 73,224,358 82,302,974 - - 73,224,358 82,302,974 Unrestricted 17,814,210 16,378,884 32,950,342 28,938,525 50,764,552 45,317,409 Total Net Position 332,017,176$ 317,549,210$ 221,210,035$ 209,501,970$ 553,227,211$ 527,051,180$ Governmental Activities TotalBusiness-Type Activities The City’s total restricted net position of $73,224,358 comprises 13.2% of total net position at the close of the fiscal year ended December 31, 2023. These assets are subject to external restrictions on how they may be used. The 2023 remaining balance of $50,764,552 (9.2% of total net position), in unrestricted net position may be used to meet the government’s ongoing obligations to citizens and creditors. The unrestricted net position of the City increased a total of $5,447,143 primarily due to a decrease in pension and OPEB expenses as well as an increase in unrestricted investment earnings. Page 366 of 532 CITY OF LAKEVILLE MANAGEMENT’S DISCUSSION AND ANALYSIS YEAR ENDED DECEMBER 31, 2023 (23) Change in net position. The City’s 2023 total net position during the current fiscal year increased by $26,176,031 as shown in the following table. This increase is primarily attributed to economic conditions and community growth. Additional details that account for the change in net position are provided in the following analysis of the governmental and business-type activities. 2023 2022 2023 2022 2023 2022 REVENUES Program Revenues: Charges for Services $ 16,550,153 $ 23,346,012 $ 45,408,259 $ 43,926,909 $ 61,958,412 67,272,921$ Operating Grants and Contributions 9,393,087 14,357,046 1,028,439 795,582 10,421,526 15,152,628 Capital Grants and Contributions 17,429,101 22,572,367 5,739,878 11,492,752 23,168,979 34,065,119 General Revenues: Property Taxes 40,247,761 36,822,483 - - 40,247,761 36,822,483 Unrestricted Investment Earnings 5,834,294 (6,316,145) 1,322,619 (1,375,179)7,156,913 (7,691,324) Total Revenues 89,454,396 90,781,763 53,499,195 54,840,064 142,953,591 145,621,827 EXPENSES General Government 9,899,710 9,999,721 - - 9,899,710 9,999,721 Public Safety 20,139,088 19,313,383 - - 20,139,088 19,313,383 Public Works 29,136,552 25,477,542 - - 29,136,552 25,477,542 Parks and Recreation 10,117,834 7,762,349 - - 10,117,834 7,762,349 Interest on Long-Term Debt 2,903,304 3,966,703 - - 2,903,304 3,966,703 Municipal Liquor - - 21,726,194 20,652,588 21,726,194 20,652,588 Utility - - 22,854,878 20,307,370 22,854,878 20,307,370 Total Expenses 72,196,488 66,519,698 44,581,072 40,959,958 116,777,560 107,479,656 CHANGE IN NET POSITION BEFORE TRANSFERS 17,257,908 24,262,065 8,918,123 13,880,106 26,176,031 38,142,171 Transfers and Contributions (2,789,942) 372,176 2,789,942 (372,176) - - CHANGE IN NET POSITION 14,467,966 24,634,241 11,708,065 13,507,930 26,176,031 38,142,171 Net Position - Beginning of Year 317,549,210 292,914,969 209,501,970 195,994,040 527,051,180 488,909,009 NET POSITION - END OF YEAR 332,017,176$ 317,549,210$ 221,210,035$ 209,501,970$ 553,227,211$ 527,051,180$ Change in Net Position Governmental Activities Business-Type Activities Total Governmental activities. The governmental activities change in net position before transfers was an increase of $17,257,908. The governmental revenue decrease in charges for services is directly related to both a decrease in economic, development and community growth. Operating grants decreased in 2023 mostly due to the City recognizing $5.1 million in CSLFRF funds in 2022, as well as additional funds for state-aid funded street maintenance and improvement projects in 2022. Capital grants and contributions decreased due to fewer new special assessments being assessed in 2023 and a reduction in developer-installed assets reported during 2023 than in 2022. Page 367 of 532 CITY OF LAKEVILLE MANAGEMENT’S DISCUSSION AND ANALYSIS YEAR ENDED DECEMBER 31, 2023 (24) Revenues The City’s 2023 total revenues for governmental activities decreased by $1,327,367. Charges for services decreased a total of $6,795,859 primarily due to a decrease in economic development and community growth as evidenced by a decrease in park dedication fees collected and a decline in revenues from building permits and connection and area charged collected. A summary of the various decreases is shown as follows: 2023 2022 Increase / (Decrease) Charges for services Licenses and building permit fees 4,091,103$ 4,490,895$ (399,792)$ Connection and area charges 4,920,155 7,268,401 (2,348,246) Engineering fees - reconstruction projects 979,981 1,691,448 (711,467) Park dedication fees 1,331,097 4,501,883 (3,170,786) Other 5,227,817 5,393,385 (165,568) Total charges for services 16,550,153$ 23,346,012$ (6,795,859)$ Operating grants and contributions experienced an overall decrease of $4,963,959. Operating grants decreased in 2023 mostly due to the City receiving $5,111,802 in American Rescue Plan Act grant funds in 2022, of which $4,873,307 was recognized in the general fund in the 2022. Also, the level of state-aid funded street maintenance projects decreased compared to the prior year. These decreases were partially offset by the City’s recognition of $3,156,649 of local public safety aid, which was received in December of 2023. A summary of the various operating grants and contributions are shown as follows: 2023 2022 Increase / (Decrease) Operating grants and contributions State-aid for street maintenance 3,636,809$ 7,042,687$ (3,405,878)$ State-aid for street revenue bonds 336,394 336,394 - County grant for joint road improvements - 69,000 (69,000) State local public safety aid 3,156,649 - 3,156,649 American Rescue Plan Act grant - 5,111,802 (5,111,802) Other grants, contributions and donations 2,263,235 1,797,163 466,072 Total Operating grants and contributions 9,393,087$ 14,357,046$ (4,963,959)$ Page 368 of 532 CITY OF LAKEVILLE MANAGEMENT’S DISCUSSION AND ANALYSIS YEAR ENDED DECEMBER 31, 2023 (25) Capital grants and contributions decreased by $5,143,266. Contributed infrastructure from private land developers decreased $2.2 million; the infrastructure consists of street, storm water, and park and trail capital assets. Special assessments decreased by $8.6 million primarily due to more street projects levied against the benefitting property owners in 2022. Other grants and contributions increased $5.8 million due to multiple road projects that occurred in 2023 and involved other government agencies including Dakota County. The summary of capital grants and contributions is shown as follows: 2023 2022 Increase / (Decrease) Capital grants and contributions Contributed infrastructure from developers 9,870,707$ 12,115,754$ (2,245,047)$ Special assessments 1,148,080 9,794,681 (8,646,601) Other grants and contributions 6,365,932 610,966 5,754,966 PEG fees 44,382 50,966 (6,584) Total capital grants and contributions 17,429,101$ 22,572,367$ (5,143,266)$ Property tax revenue increased $3,425,278 or 9.3% primarily due to an increase in the overall tax levy. A higher collection rate also contributed to the increase. Investment income earnings increased by $12,150,439. The increase is the combination of increased earnings and changes in investment asset values which are inversely related to the changes in market rates. The increase is consistent with improved market conditions. General revenues 2023 2022 Increase / (Decrease) Property taxes 40,247,761$ 36,822,483$ 3,425,278$ Investment income 5,834,294 (6,316,145) 12,150,439 Total general revenues 46,082,055$ 30,506,338$ 15,575,717$ Page 369 of 532 CITY OF LAKEVILLE MANAGEMENT’S DISCUSSION AND ANALYSIS YEAR ENDED DECEMBER 31, 2023 (26) A summary of 2023 revenues by source for governmental activities is shown as follows: Charges for Services , $16,550,153 , 19% Operating Grants and Contributions, $9,393,087 , 10% Capital Grants and Contributions, $17,429,101 , 19% Property Taxes , $40,247,761 , 45% Unrestricted Investment Earnings, $5,834,294 , 7% Revenues by Source -Governmental Activities Expenses The City’s 2023 total governmental activities expenses (before depreciation on capital assets and interest on long-term debt) increased by $5,429,666 or 12.3%. Total governmental activities expenses increased by $5,676,790 or 8.5%, shown as follows: 2023 2022 Increase / (Decrease) Governmental activities expenses General government 9,491,848$ 9,639,465$ (147,617)$ Public safety 18,817,348 17,959,088 858,260 Public works 14,842,043 12,008,877 2,833,166 Parks and recreation 6,491,277 4,605,420 1,885,857 Total before depreciation and interest 49,642,516 44,212,850 5,429,666 Depreciation on capital assets 19,650,668 18,340,145 1,310,523 Interest on long-term debt 2,903,304 3,966,703 (1,063,399) Total governmental activities expenses $ 72,196,488 $ 66,519,698 $ 5,676,790 Page 370 of 532 CITY OF LAKEVILLE MANAGEMENT’S DISCUSSION AND ANALYSIS YEAR ENDED DECEMBER 31, 2023 (27) Following are explanations of various increases and (decreases) in expenses by governmental function as shown above. General government expenses decreased slightly by $147,617, or 1.5% primarily due to many employees in key positions taking advantage of the advanced resignation policy which provides the City up to six months’ notice to hire and train the respective replacements. Expected to see this trend continue through the next several years. In addition, there were additional professional services related to the ERP implementation, updates to the Envision Lakeville Report, and the biennial community survey. Position vacancies and 2023 being a non-election year helped to offset these increased costs. Public safety expenses increased by $858,260, or 4.8%, primarily due to the decrease in the police and fire fund PERA net pension liability and increase in the fire relief association net pension asset, which were partially offset by the increases in wages and benefits. Five police positions and one fire inspector position were added in 2023. Public works expenses increased by $2,833,166, or 23.6%, primarily due to 2023 having a greater amount of expenses related to improvement and maintenance projects which were not considered City assets. Parks and recreation expenses increased $1,885,857, or 40.9%, primarily due to additional staffing and Arts Center programming events. Seasonal costs are higher than the same period in 2022 due to the City’s continued growth and increased seasonal positions. Depreciation on capital assets increased by $1,310,523, or 7.1%; primarily due to depreciation starting on recently completed projects. Interest on long-term debt decreased by $1,063,399, or 26.8%; primarily due to current amortization of bond premiums outweighing new issue premiums. A summary of 2023 expenses by function for governmental activities is shown as follows: General government, $9,491,848 , 13% Public safety, $18,817,348 , 26% Public works, $14,842,043 , 21% Parks and recreation, $6,491,277 , 9% Depreciation on capital assets, $19,650,668 , 27% Interest on long-term debt, $2,903,304 , 4% Expenses by Function -Governmental Activities Page 371 of 532 CITY OF LAKEVILLE MANAGEMENT’S DISCUSSION AND ANALYSIS YEAR ENDED DECEMBER 31, 2023 (28) Business-type activities. Business-type activities increased the City’s 2023 total net position by $11,708,065. Key elements of the increase in net position along with a comparison of revenues, expenses, and changes in net position during fiscal years 2023 and 2022 are shown as follows: 2023 2022 Increase / (Decrease) Revenues Charges for services Liquor 22,692,555$ 21,894,980$ 797,575$ Utility 22,715,704 22,031,929 683,775 Operating grants and contributions Liquor 163 8,778 (8,615) Utility 1,028,276 786,804 241,472 Capital contributions Utility 5,739,878 11,492,752 (5,752,874) Investment earnings 1,322,619 (1,375,179) 2,697,798 Total revenues 53,499,195 54,840,064 (1,340,869) Expenses Liquor 21,726,194 20,652,588 1,073,606 Utility 22,854,878 20,307,370 2,547,508 Total expenses 44,581,072 40,959,958 3,621,114 Change in net position before transfers 8,918,123 13,880,106 (4,961,983) Transfers 2,789,942 (372,176)3,162,118 Change in net position 11,708,065 13,507,930 (1,799,865) Net position - beginning 209,501,970 195,994,040 13,507,930 Net position - ending $ 221,210,035 $ 209,501,970 11,708,065$ The City’s 2023 business-type total revenues decreased by $1,340,869 or 2.4%; the various revenue components are discussed in detail in the following paragraphs. • The liquor fund 2023 charges for services increased due to opening a fourth store in October of 2022 and that store producing revenues for 12 months in 2023 compared to only three months in 2022. The 2023 cost of goods sold as a percentage of sales were 72.7%, compared to 73.2% in 2022. • The overall utility revenue charges for services increased by $683,775. This overall increase is represented by a water revenue increase of $828,673, sanitary sewer revenue increase of $294,190, streetlight revenue increase of $15,338, and environmental resources revenue decrease of $454,426. The increase in water and increase in sanitary sewer are due to customer consumption because of changes in weather patterns, rate increases, and an increase in the number of customers. The streetlight increase is due to an increase in customers. The environmental resources decrease is due to now recognizing forestry division services in the General Fund. Page 372 of 532 CITY OF LAKEVILLE MANAGEMENT’S DISCUSSION AND ANALYSIS YEAR ENDED DECEMBER 31, 2023 (29) • The utility fund experienced a total decrease of $5,752,874 in capital contributions. The majority of the decrease is derived from water and sanitary sewer contributed from developer improvement projects (greater number of contributions during 2022). City improvement project infrastructure assets of $5,042,714 were contributed to the utility fund which is within the net transfer in amount of $2,789,942 on the Statement of Activities. The total amount of contributed infrastructure assets received by the utility fund varies yearly. • Investment earnings increased $2,697,798. The increase is the combination of increased earnings and changes in investment asset values which are inversely related to the changes in market rates. The increase is consistent with improved market conditions. The City’s 2023 business-type total expenses increased by $3,621,114 or 8.8% as follows: Liquor Fund Utility Fund Total Business-type activities expenses Cost of Goods Sold 466,394$ -$ 466,394$ Personnel services 508,157 525,251 1,033,408 Commodities 12,027 182,938 194,965 Other charges and services 98,811 1,427,813 1,526,624 Sanitary sewage treatment and disposal - 182,158 182,158 Depreciation on capital assets 15,551 270,538 286,089 Interest, fiscal charges, bond premium (net)- (27,789) (27,789) Loss on Disposal of Capital Assets (27,334) (13,401) (40,735) Total Business-type Expenses $ 1,073,606 $ 2,547,508 $ 3,621,114 Increase (Decrease) from 2022 • The liquor fund cost of goods sold increased $466,394 which is proportionate to the increase in liquor sales. • Liquor fund personnel services expenses increased $508,517, while utility fund personnel services expenses increased $525,251. The increases were primarily due to the opening of the fourth liquor store in the last quarter of 2022 that resulted in significant increase over the prior year. Overall, there were several transitions between sales, lead sales associates with an reorganization of management structure at each of the stores to include a store manager, assistant to the store manager, lead sales associate. Additional time was spent in meter repair and maintenance, sewer line and manhole maintenance. Also, another Utility Maintenance Operator II position was added in 2023. • Utility fund other charges and services expenses increased by $1,427,813 while the liquor fund increased by $98,811. Water expenses increased primarily due to major maintenance projects including, watermain repairs (costs to fix watermain breaks are not capitalizable). Sewer expenses increased due to higher sanitary sewer costs incurred on the annual street projects in 2023 as compared to 2022. • The utility fund sanitary sewage treatment and disposal expenses increased by $182,158 primarily due to the change in factors used by MCES in their pass-through cost allocation to the City. The City’s annual cost increased 3.73% to $5,066,715 and the City’s wastewater accounts for 1.95% of the total flow through the regional system. Page 373 of 532 CITY OF LAKEVILLE MANAGEMENT’S DISCUSSION AND ANALYSIS YEAR ENDED DECEMBER 31, 2023 (30) Financial Analysis of the City’s Funds As noted earlier, the City uses fund accounting to ensure and demonstrate compliance with finance- related legal requirements. Some funds are required statutorily while others are established internally to assist management in accounting for certain activities. Governmental funds. The focus of the City’s governmental funds is to provide information on near- term inflows, outflows, and balances of spendable resources. Such information is useful in assessing the City’s financing requirements. In particular, unrestricted fund balance may serve as a useful measure of a government’s net resources available for spending at the end of the fiscal year. As of the end of the current fiscal year, the City’s governmental funds reported combined ending fund balances of $122,202,864. Of this amount, $68,727,151 or 56.2% of this combined ending fund balance constitutes fund balance that is available for spending at the government’s discretion. Nonspendable fund balances of $279,568 are amounts that are not in a spendable form, such as prepaid items and inventory. The remaining fund balance is restricted for (a) debt service of $22,191,294, (b) capital acquisition of $22,488,551, (c) Parks Bond Referendum of $5,052,739, (d) public safety aid of $3,156,649, and (e) other restricted purposes of $306,912. The general fund is the chief operating fund of the City. At the end of the current fiscal year, the fund balance was $22,372,997, an increase from the prior year of $365,590, resulting from $2,167,646 of revenues over expenditures, net transfers out of $1,881,710, and a change in supplies inventory of $79,654. The debt service fund balance decreased by $786,153 due to debt service requirements exceeding the related debt service fund revenues, bond issuance proceeds and net transfers in. Even though debt requirements exceeded property tax and special assessment revenues, transfers in of excess bond proceeds from improvement projects helped to offset this deficiency and lower the decrease in fund balance. The capital project fund accounts for infrastructure reconstruction projects that require debt issuance for financing purposes, the accumulation and disbursement of funds for the construction or improvement of public buildings, the City’s municipal state aid projects and financing, and various other capital activity. The activity of this fund fluctuates from year to year depending on the scope of the project, based on state aid allotments and projects completed, and based on the City’s building improvement needs. The fund balance decreased by $7,264,660 due to the completion of large construction projects whereby funds were received in prior years - such as Antlers Park and the County Road 60 extension from Dodd to Highview. Page 374 of 532 CITY OF LAKEVILLE MANAGEMENT’S DISCUSSION AND ANALYSIS YEAR ENDED DECEMBER 31, 2023 (31) General Fund Budgetary Highlights With the exception of the planning, community and economic development, and recreation and arts center, all other general fund departments expended their 2023 budget appropriations at or below the final adopted budget. A schedule of revenues, expenditures and changes in fund balances – budgetary comparison is disclosed in the required supplemental information section of this report. A summary of general fund revenues, expenditures, other financing sources (uses), variance with final budget, and net change in fund balance is as follows: Budget As Originally Adopted Final Budget Actual Variance with Final Budget Revenues Property taxes 26,954,875$ 26,954,875$ 26,701,305$ (253,570)$ Licenses and permits 2,943,346 3,316,346 3,489,815 173,469 Intergovernmental 1,512,699 3,504,175 3,739,685 235,510 Charges for services 3,358,446 3,683,001 3,418,512 (264,489) Special assessments - - 5,189 5,189 Fines 240,000 240,000 238,097 (1,903) Interest income 281,000 281,000 350,236 69,236 Change in value of investments - - 379,931 379,931 Donations 45,200 45,200 117,801 72,601 Miscellaneous 35,557 35,557 92,451 56,894 Total revenues 35,371,123 38,060,154 38,533,022 472,868 Expenditures Personnel services 27,620,562 27,306,617 26,794,589 (512,028) Commodities 2,213,299 2,268,299 2,364,381 96,082 Other charges and services 6,967,481 7,234,618 7,067,657 (166,961) Capital outlay 98,000 176,482 138,749 (37,733) Total expenditures 36,899,342 36,986,016 36,365,376 (620,640) Other financing sources (uses) (1,182,781) (1,881,710) (1,881,710)- Net change in fund balance $ (2,711,000) $ (807,572) 285,936$ 1,093,508$ The 2023 actual general fund revenues were over the final budget by $472,868 and expenditures were under final adopted budget by $620,640. Other financing sources (uses) came in at the final budgeted amount. The general fund actual net change in fund balance surpassed final budget by $1,093,508. The general fund budget was amended to reflect the decrease in revenues from less than forecasted building permits, state aid, and grants. Expenditures were modified to reflect the change in election costs; public safety equipment funded by donations; and other projects that arose during the year. Transfers to other funds were modified to fund capital purchases and projects associated with the 2023-2027 capital improvement plan to mitigate the pressures on the property tax levy and user fees and establishing the compensated leave fund. Page 375 of 532 CITY OF LAKEVILLE MANAGEMENT’S DISCUSSION AND ANALYSIS YEAR ENDED DECEMBER 31, 2023 (32) The following is a brief summary explanation of the various budgets to actual variances for revenues: • Property taxes were lower than anticipated by $253,570 due in part to slightly lower than anticipated current tax collection rates and moderately lower than expected delinquent tax collections. All delinquent taxes are recorded in the General Fund and the other funds receive 100 percent of their current levy. • Licenses and permits exceeded estimates by $173,469 due to change in the mix of building permits from single family to multi-family homes. The number of residential building permits budgeted were 350 compared to 309 actual. Permits for townhomes were budgeted at 120 units compared to 152 actual units. • Intergovernmental revenues exceeded estimates by $235,510 due to the City’s receipt of $131,310 for the state aid contributions to PERA and a forestry grant of $109,916. • Charges for services experienced a variance of $264,489 mainly due to reduced engineering- related services in connection with developer construction administration. • Fines were less than final budgeted amounts by $1,903. • Interest income and the change in value of investments were higher than estimates by $449,167 due to favorable market conditions. The City’s Management employs prudent investment practices and cash management techniques to maximize investment income while protecting the City’s treasury. Investments are typically held to maturity. • Donations and miscellaneous revenues experienced positive variances of $72,101 and $56,894, respectively. The following is a brief summary explanation of the various budgets to actual variances for expenditures: • Personnel costs including benefits were $512,028 below budget estimates due to vacancies offset with higher employee transition costs in finance, inspections and community development. • Commodities were $96,082 over budget due to increased motor fuel costs. • Other charges and services were $166,961 below budget which is attributed to several factors. Legal fees were below budget estimates as were contractual costs in Information Technology. • Capital outlay was $37,733 under budget due to a delayed vehicle purchase. Page 376 of 532 CITY OF LAKEVILLE MANAGEMENT’S DISCUSSION AND ANALYSIS YEAR ENDED DECEMBER 31, 2023 (33) Capital Asset and Debt Administration Capital assets. The City’s capital assets for governmental and business-type activities as of December 31, 2023 are $575 million (net of accumulated depreciation and amortization). This amount represents an increase (including additions, deletions, and depreciation and amortization) of approximately $34 million from 2022. The net investment in capital assets including land, historical treasures, buildings, machinery and equipment, other improvements, infrastructure, and construction in process is shown as follows: Governmental Activities Business-Type Activities Total Land 37,432,613$ 3,672,969$ 41,105,582$ Historical treasures 128,000 - 128,000 Construction in process 11,844,401 - 11,844,401 Buildings and improvements 70,000,663 34,361,032 104,361,695 Machinery and equipment 29,955,471 4,259,424 34,214,895 Other improvements 21,458,516 - 21,458,516 Right-to-use assets - buildings - 3,989,676 3,989,676 Infrastructure Streets 230,663,689 - 230,663,689 Storm sewer 135,603,182 - 135,603,182 Parks 44,171,349 - 44,171,349 Environmental resources - 489,644 489,644 Water - 150,793,883 150,793,883 Sanitary sewer - 101,478,364 101,478,364 Total Capital Assets 581,257,884 299,044,992 880,302,876 Less: Accumulated Depreciation / Amortization (208,189,996) (97,094,934) (305,284,930) Total Capital Assets, Net 373,067,888$ 201,950,058$ 575,017,946$ Capital Assets at Year-End (Net of Accumulated Depreciation) The City’s 2024 adopted budget provides funding for $67.25 million in infrastructure capital assets, public building improvements and upgrades, equipment capital assets such as vehicle replacements for public safety and public works, and technology equipment. Refer to Note 3 - Capital Assets, of the Notes to Basic Financial Statements for additional information. Page 377 of 532 CITY OF LAKEVILLE MANAGEMENT’S DISCUSSION AND ANALYSIS YEAR ENDED DECEMBER 31, 2023 (34) Debt administration. At the end of the current fiscal year, the City of Lakeville had total bonded debt and long-term lease liabilities outstanding of $150.134 million, which is a net decrease of $2.990 million compared to the prior year. The decrease is due to the payments on existing bonded debt exceeding the issuance of the $9.220 million 2023A General Obligation bonds. The City manages its debt structure by utilizing approaches that take full advantage of its financial position, revenue trends, and conditions in municipal bond markets. Refer to Note 5 – Long-Term Liabilities, of the Notes to Basic Financial Statements for additional information about the City’s governmental and business-type long-term debt activity. The City’s outstanding bonded obligation debt as of December 31, 2023 is shown as follows: Balance January 1 Issued Redeemed Balance December 31 Governmental Activities G.O. bonds General obligation bonds $ 46,865,000 $ 9,220,000 $ 3,060,000 $ 53,025,000 G.O. improvement 63,505,000 - 5,875,000 57,630,000 State-aid street revenue 3,670,000 - 200,000 3,470,000 Water revenue 6,030,000 - 440,000 5,590,000 Tax abatement 18,370,000 - 1,060,000 17,310,000 Total governmental activities 138,440,000 9,220,000 10,635,000 137,025,000 Business-Type Activities Water revenue 9,280,000 - 900,000 8,380,000 Sewer revenue 200,000 - 65,000 135,000 Street light revenue 190,000 - 45,000 145,000 Financed purchase arrangement 1,325,000 - 250,000 1,075,000 Lease liability 3,689,281 - 315,001 3,374,280 Total business-type activities 14,684,281 - 1,575,001 13,109,280 Total bonds payable 153,124,281$ 9,220,000$ 12,210,001$ 150,134,280$ Bonds and Leases Payable Outstanding Debt Credit Rating The City of Lakeville’s general obligation bond rating as of December 31, 2023 is “Aaa” as rated by Moody’s Investors Service. On June 5, 2023 Moody’s Investors Service maintained the City’s outstanding general obligation unlimited tax (GOULT) debt Aaa and assigned a stable outlook. Moody’s also maintained the City’s lease revenue debt to Aa2. In its June 2023 analysis, Moody’s Investor Service stated, “The City of Lakeville benefits from a growing economy within the Twin Cities metropolitan area, with strong wealth (full value per capita) and resident income levels, robust reserve supported by consistently stable financial performance, and moderate leverage that is expected to rise over the next five years.” Page 378 of 532 CITY OF LAKEVILLE MANAGEMENT’S DISCUSSION AND ANALYSIS YEAR ENDED DECEMBER 31, 2023 (35) State statutes limit the amount of general obligation debt a Minnesota city may issue to 3% of total assessor’s taxable market valuation. The City has $64,670,618 of net bonded debt, which is subject to the $347,765,863 current debt limitation, thereby resulting in a legal debt margin of $283,095,245. Refer to the Statistical Section of this report for a detailed computation of the City’s legal debt margin. Economic Conditions and Next Year’s Budget The City of Lakeville remains one of the top growth cities in the Minnesota twin city metro area. The trend for building permit activity for single family homes is steady but has decreased in recent years. The building permits for single family homes/detached townhomes decreased from 387 in 2022 compared to 367 permits in 2023. In our opinion, the decline is due to the rise in interest rates. The budget and five-year capital improvement plan are premised on the assumption growth will continue at a subdued level for the foreseeable future. The adopted 2024 budget reflects a continuation of the program and service levels established by the City Council over the past several years and included thirteen new positions (6 of those position adding to full-time fire fighters) as well as position changes and reclassifications. The City Council approved the use of $1.548 million of the General Fund balance as a funding source for the 2023 budget. The 2024 budget also focuses on City efforts to achieve strategic priorities established in the Envision Lakeville Community Vision Plan to prepare for the future, investments in technology to maximize efficiencies, developing effective partnerships to capitalize on opportunities and multi-agency resources, infrastructure improvements to promote economic and community development and service continuity through staffing enhancements to meet the expectations of community residents and businesses. Requests for Information This financial report is designed to provide a general overview of the City of Lakeville’s finances for all those with an interest in the government’s finances. Questions concerning any of the information provided in this report or requests for additional financial information should be directed to the City of Lakeville Finance Department at 20195 Holyoke Avenue, Lakeville, Minnesota 55044, (952) 985-4400, or email request to jstahl@lakevillemn.gov. Page 379 of 532 BASIC FINANCIAL STATEMENTS Page 380 of 532 CITY OF LAKEVILLE STATEMENT OF NET POSITION DECEMBER 31, 2023 See accompanying Notes to Basic Financial Statements. (36) Governmental Activities Business-Type Activities Total ASSETS Cash and investments 133,947,584$ 30,973,629$ 164,921,213$ Receivables 31,439,359 5,415,482 36,854,841 Internal balances (141,689) 141,689 - Inventories 254,033 2,701,838 2,955,871 Prepaid items 25,535 10,000 35,535 Restricted assets (temporarily): Investments held by trustee 39 - 39 Net pension asset - fire relief 4,171,660 - 4,171,660 Capital assets: Nondepreciable 49,405,014 3,672,969 53,077,983 Depreciable, net 323,662,874 198,277,089 521,939,963 Total capital assets 373,067,888 201,950,058 575,017,946 Total assets 542,764,409 241,192,696 783,957,105 DEFERRED OUTFLOWS OF RESOURCES OPEB related deferments 266,330 58,146 324,476 Pension plan deferments - PERA 18,806,833 896,982 19,703,815 Pension plan deferments - fire relief 290,104 - 290,104 Total deferred outflows of resources 19,363,267 955,128 20,318,395 LIABILITIES Salaries, accounts, contracts, and deposits payable 16,501,247 2,287,993 18,789,240 Accrued interest 2,092,648 144,154 2,236,802 Unearned revenue 381,632 88,870 470,502 Noncurrent liabilities: Net pension liability - PERA due in more than one year 18,462,690 2,823,432 21,286,122 Total OPEB Liability due within one year 39,236 8,566 47,802 Total OPEB Liability due in more than one year 843,094 184,064 1,027,158 Other long-term liabilities due within one year 13,635,916 1,943,926 15,579,842 Other long-term liabilities due in more than one year 149,238,387 12,455,273 161,693,660 Total liabilities 201,194,850 19,936,278 221,131,128 DEFERRED INFLOWS OF RESOURCES Deferred gain on refunding 1,007,443 - 1,007,443 Leases 8,754,550 - 8,754,550 OPEB-related deferments 469,931 102,595 572,526 Pension plan deferments - PERA 17,934,220 898,916 18,833,136 Pension plan deferments - fire relief 749,506 - 749,506 Total deferred inflows of resources 28,915,650 1,001,511 29,917,161 NET POSITION Net investment in capital assets 240,978,608 188,259,693 429,238,301 Restricted for: Special purposes 302,251 - 302,251 Debt service 38,035,240 - 38,035,240 Capital acquisition 26,983,646 - 26,983,646 Public safety 3,156,649 - 3,156,649 Opioid remediation activities 574,912 - 574,912 Fire relief pensions 4,171,660 - 4,171,660 Unrestricted 17,814,210 32,950,342 50,764,552 Total Net Position 332,017,176$ 221,210,035$ 553,227,211$ Primary Government Page 381 of 532 CITY OF LAKEVILLE STATEMENT OF ACTIVITIES YEAR ENDED DECEMBER 31, 2023 See accompanying Notes to Basic Financial Statements. (37) Functions/Programs Expenses Charges for Services Operating Grants and Contributions Capital Grants and Contributions Governmental Activities Business-Type Activities Total Primary Government: Governmental Activities: General government 9,899,710$ 6,587,921$ 76,861$ 304,539$ (2,930,389)$ -$ (2,930,389)$ Public safety 20,139,088 835,053 4,655,977 - (14,648,058) - (14,648,058) Public works 29,136,552 6,620,758 3,681,717 16,919,544 (1,914,533) - (1,914,533) Parks and recreation 10,117,834 2,506,421 978,532 205,018 (6,427,863) - (6,427,863) Interest on long-term debt 2,903,304 - - - (2,903,304) - (2,903,304) Total-governmental activities 72,196,488 16,550,153 9,393,087 17,429,101 (28,824,147) - (28,824,147) Business-Type Activities: Liquor 21,726,194 22,692,555 163 - - 966,524 966,524 Utility 22,854,878 22,715,704 1,028,276 5,739,878 - 6,628,980 6,628,980 Total Business-Type Activities 44,581,072 45,408,259 1,028,439 5,739,878 - 7,595,504 7,595,504 Total Primary Government 116,777,560$ 61,958,412$ 10,421,526$ 23,168,979$ (28,824,147) 7,595,504 (21,228,643) General Revenues: Property taxes 40,247,761 - 40,247,761 Investment income 5,834,294 1,322,619 7,156,913 Transfers (2,789,942) 2,789,942 - Total general revenues and transfers 43,292,113 4,112,561 47,404,674 Change in Net Position 14,467,966 11,708,065 26,176,031 Net Position - Beginning of Year 317,549,210 209,501,970 527,051,180 Net Position - End of Year 332,017,176$ 221,210,035$ 553,227,211$ Program Revenues Primary Government Net (Expense) Revenue and Changes in Net Position Page 382 of 532 CITY OF LAKEVILLE BALANCE SHEET GOVERNMENTAL FUNDS DECEMBER 31, 2023 See accompanying Notes to Basic Financial Statements. (38) Nonmajor Total General Debt Service Capital Projects Governmental Governmental ASSETS Fund Fund Fund Funds Funds Cash and investments 31,625,329$ 22,079,562$ 77,753,472$ 1,441,273$ 132,899,636$ Investments held by trustee - 39 - - 39 Interest receivable 70,396 65,155 420,845 6,740 563,136 Taxes receivable 2,192,584 - - - 2,192,584 Accounts receivable 707,616 - 3,290,159 583,562 4,581,337 Special assessments receivable 130,132 12,701,193 2,266,958 - 15,098,283 Leases and financed purchases receivable 53,110 1,075,000 8,944,914 - 10,073,024 Inventory 254,033 - - - 254,033 Prepaid items 25,535 - - - 25,535 Total Assets 35,058,735$ 35,920,949$ 92,676,348$ 2,031,575$ 165,687,607$ LIABILITIES, DEFERRED INFLOWS OF RESOURCES, AND FUND BALANCE LIABILITIES Salaries payable 506,567$ -$ -$ 7,554$ 514,121$ Accounts payable 866,944 3,325 3,226,905 4,252 4,101,426 Contracts payable - - 1,650,976 - 1,650,976 Deposits payable 9,908,448 - 254,357 - 10,162,805 Unearned revenue 154,681 - 226,951 - 381,632 Total Liabilities 11,436,640 3,325 5,359,189 11,806 16,810,960 DEFERRED INFLOWS OF RESOURCES Unavailable revenue - taxes 401,584 - - - 401,584 Unavailable revenue - special assessments 796,298 12,651,330 2,268,096 - 15,715,724 Leases and financed purchases 51,216 1,075,000 8,656,167 47,167 9,829,550 Unavailable revenue - other - - 292,032 434,893 726,925 Total Deferred Inflows of Resources 1,249,098 13,726,330 11,216,295 482,060 26,673,783 FUND BALANCE Nonspendable 279,568 - - - 279,568 Restricted 1,850,000 22,191,294 28,847,939 306,912 53,196,145 Committed - - 47,283,302 1,230,797 48,514,099 Assigned 1,528,414 - - - 1,528,414 Unassigned (Deficit)18,715,015 - (30,377) - 18,684,638 Total Fund Balance 22,372,997 22,191,294 76,100,864 1,537,709 122,202,864 Total Liabilities, Deferred Inflows of Resources, and Fund Balance 35,058,735$ 35,920,949$ 92,676,348$ 2,031,575$ 165,687,607$ Page 383 of 532 CITY OF LAKEVILLE RECONCILIATION OF THE BALANCE SHEET TO THE STATEMENT OF NET POSITION GOVERNMENTAL ACTIVITIES DECEMBER 31, 2023 See accompanying Notes to Basic Financial Statements. (39) Total Fund Balances for Governmental Funds 122,202,864$ Total net position reported for governmental activities in the statement of net Capital assets used in governmental funds are not financial resources and, Governmental capital assets 581,257,884$ Less: Accumulated depreciation and amortization (208,189,996) 373,067,888 Net pension assets are only recorded in the government-wide financial statements 4,171,660 Long-term liabilities are not payable with current financial resources and, therefore, Bonds (137,025,000) Accrued interest (2,092,648) Loan (2,956,795) Note Payable (10,067,476) Unamortized bond premium (9,037,183) Deferred gain on refunding (1,007,443) (162,186,545) The City's net pension liability and related and deferred inflows and deferred outflows are recorded only on the statement of net position. Balances at year-end Net pension liability (18,462,690) Deferred inflows of resources (18,683,726) Deferred outflows of resources 19,096,937 (18,049,479) Total OPEB liabilities are not payable with current financial resources and, (882,330) OPEB related deferred outflows of resources are recorded only on the statement 266,330 OPEB related deferred inflows of resources are recorded only on the statement (469,931) Deferred inflows of resources related to unavailable revenue in governmental 16,844,233 The City uses an internal service fund to charge the cost of insurance activities and compensated absences to individual funds. A portion of the assets and liabilities of the municipal reserves fund and compensated absences fund are included in (2,947,514) Total Net Position of Governmental Activities 332,017,176$ position is different because: therefore, are not reported in the funds. Those assets consist of: are not reported in the governmental funds. as they are not current financial resources to governmental funds. of net position. are: funds are susceptible to full accrual on the government-wide statements. governmental activities in the Statement of Net Position. therefore, are not reported in the governmental funds. of net position. Page 384 of 532 CITY OF LAKEVILLE STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES GOVERNMENTAL FUNDS YEAR ENDED DECEMBER 31, 2023 See accompanying Notes to Basic Financial Statements. (40) Nonmajor Total General Debt Service Capital Projects Governmental Governmental Fund Fund Fund Funds Totals REVENUE Property taxes 26,701,305$ 10,016,900$ 2,950,000$ -$ 39,668,205$ Tax increment - - 558,684 - 558,684 Licenses and permits 3,489,815 - - 601,288 4,091,103 Intergovernmental 3,739,685 336,394 11,182,463 915 15,259,457 Charges for services 3,418,512 557,401 7,076,477 44,382 11,096,772 Special assessments 5,189 2,336,382 5,592,993 - 7,934,564 Fines 238,097 - - - 238,097 Interest income 350,236 331,588 2,551,904 33,502 3,267,230 Change in fair value of investments 379,931 351,809 1,798,936 36,388 2,567,064 Donations 117,801 - 191,720 - 309,521 Miscellaneous 92,451 - 590,278 32,416 715,145 Total Revenue 38,533,022 13,930,474 32,493,455 748,891 85,705,842 EXPENDITURES Current: General government 7,541,820 - - 696,876 8,238,696 Public safety 17,432,946 - - - 17,432,946 Public works 5,844,020 - - - 5,844,020 Parks and recreation 5,407,841 - - - 5,407,841 Capital Outlay: General government 35,759 - 1,618,772 56,891 1,711,422 Public safety - - 1,271,577 - 1,271,577 Public works 78,476 - 27,685,875 - 27,764,351 Parks and recreation 24,514 - 23,277,721 - 23,302,235 Debt Service: Principal bond maturities - 10,635,000 2,526,000 - 13,161,000 Interest on debt - 5,006,042 - - 5,006,042 Fiscal charges - 42,577 - - 42,577 Total Expenditures 36,365,376 15,683,619 56,379,945 753,767 109,182,707 EXCESS (DEFICIENCY) OF REVENUE OVER (UNDER) EXPENDITURES 2,167,646 (1,753,145) (23,886,490) (4,876) (23,476,865) OTHER FINANCE SOURCES (USES) Issuance of bonds and other debt - 226,309 12,135,028 - 12,361,337 Premium on issued debt - - 779,235 - 779,235 Proceeds from the sale of capital assets - - 307,368 - 307,368 Transfers in from other funds 472,170 3,175,072 5,182,069 - 8,829,311 Transfers out to other funds (2,353,880) (2,434,389) (1,781,870) (6,400) (6,576,539) Total Other Finance Sources (Uses)(1,881,710) 966,992 16,621,830 (6,400) 15,700,712 NET CHANGE IN FUND BALANCES 285,936 (786,153) (7,264,660) (11,276) (7,776,153) FUND BALANCES Beginning of Year, as previously reported 22,007,407 22,977,447 83,365,524 1,548,985 129,899,363 Change in Supplies - Inventory 79,654 - - - 79,654 End of Year 22,372,997$ 22,191,294$ 76,100,864$ 1,537,709$ 122,202,864$ Page 385 of 532 CITY OF LAKEVILLE RECONCILIATION OF THE STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES TO THE STATEMENT OF ACTIVITIES YEAR ENDED DECEMBER 31, 2023 See accompanying Notes to Basic Financial Statements. (41) Net Change in Fund Balances-Total Governmental Funds (7,776,153)$ Amounts reported for governmental activities in the statement of activities are different because: Governmental funds report capital outlays as expenditures while the government-wide statement of activities reports depreciation expense to allocate those expenditures over the life of the assets. As a result, fund balance decreases by the amount of financial resources expended, whereas net position decreases by the amount of depreciation expense charged for the year. This is the amount by which depreciation expense Capital outlay 38,980,262$ Capital contributed by developer 9,870,707 Depreciation expense (19,650,668) 29,200,301 In the government-wide statement of activities, only the gain or loss on the sale of capital assets is reported, whereas in the governmental funds, the proceeds from the sales increases financial resources. Thus, the change in net position differs from the change (1,569,060) Governmental funds report inventory related to snow removing chemicals as an expenditure at the time of purchase rather than when it is consumed. The change in supplies is shown as a direct adjustment to fund balance. On the government-wide statement of activities, inventories are shown as an expenditure when consumed. As a 79,654 Revenues in the government-wide statement of activities that do not provide current Deferred inflows of resources - December 31, 2022 (22,882,920) Deferred inflows of resources - December 31, 2023 16,844,233 (6,038,687) Bond proceeds are reported as other financing sources in governmental funds and thus contribute to the increase in fund balance. Bond and loan principal maturities are reported as expenditures in governmental funds thus reducing fund balance. In the government- wide statements, however, issuing debt increases long-term liabilities while debt (12,361,337) 13,161,000 799,663 Governmental funds report the effect of premiums, discounts and similar items when debt is first issued, whereas material amounts are deferred and amortized in the statement Change in accrued interest payable 145,857 Premium on bonds issued in the current year (779,235) Amortization of deferred gain on refunding 163,152 Amortization of debt premiums/discounts 1,836,306 1,366,080 In the statement of activities, certain operating expenses and other postemployment benefit expenses - are measured by amounts earned during the year. In the governmental funds, however, expenditures for these items are measured by the 22,504 (1,590,413) (25,923) Change in Net Position of Governmental Activities 14,467,966$ activities. financial resources are not reported as revenues in the governmental funds. result, the change in net position must be adjusted by the change in supplies. exceeded capital outlay. in fund balance by the net book value of the capital assets disposed of. repayment reduces long-term liabilities thus affecting the statement of activities. of activities. resources. amount of financial resources used (and amounts actually paid). in the net pension liability(asset) and the related deferred inflows and outflows of Internal service funds are used by management to charge the costs of certain activities, such as insurance, to individual funds. This amount represents a portion of the change in net position of the internal service fund, which are reported in with the governmental Bond and loan proceeds Bond and loan principal maturities Pension expenditures in the governmental funds are measured by current year employer contributions. Pension expenses on the statement of activities are measured by the change Page 386 of 532 CITY OF LAKEVILLE STATEMENT OF NET POSITION PROPRIETARY FUNDS DECEMBER 31, 2023 See accompanying Notes to Basic Financial Statements. (42) Governmental Activities - Internal Service Liquor Utility Totals Funds ASSETS AND DEFERRED OUTFLOWS OF RESOURCES CURRENT ASSETS Cash and investments 3,823,275$ 27,150,354$ 30,973,629$ 1,047,948$ Interest receivable 21,227 106,310 127,537 3,522 Accounts receivable 3,580 5,284,365 5,287,945 2,473 Inventory 2,303,707 398,131 2,701,838 - Prepaid expenses - 10,000 10,000 - Total current assets 6,151,789 32,949,160 39,100,949 1,053,943 NONCURRENT ASSETS Capital assets: Land 3,087,882 585,087 3,672,969 - Buildings and improvements 8,181,700 26,179,332 34,361,032 - Machinery and equipment 739,090 3,520,334 4,259,424 - Infrastructure - 252,761,891 252,761,891 - Right-to-use lease asset 3,989,676 - 3,989,676 - Accumulated depreciation / amortization (1,824,367) (95,270,567) (97,094,934) - Net capital assets 14,173,981 187,776,077 201,950,058 - Total noncurrent assets 14,173,981 187,776,077 201,950,058 - Total assets 20,325,770 220,725,237 241,051,007 1,053,943 DEFERRED OUTFLOWS OF RESOURCES Pension plan deferments - PERA 418,892 478,090 896,982 - OPEB related deferments 27,576 30,570 58,146 - Total deferred outflows of resources 446,468 508,660 955,128 - Total Assets and Deferred Outflows of Resources 20,772,238$ 221,233,897$ 242,006,135$ 1,053,943$ LIABILITIES, DEFERRED INFLOWS OF RESOURCES, AND NET POSITION CURRENT LIABILITIES Salaries payable 44,106$ 48,187$ 92,293$ -$ Accounts payable 1,270,266 795,183 2,065,449 71,919 Contracts payable - 68,098 68,098 - Accrued interest payable 3,186 140,968 144,154 - Deposits payable 40,953 21,200 62,153 - Accrued compensated absences 91,926 189,799 281,725 2,130,916 Unearned revenue - 88,870 88,870 - Total OPEB liability due within one year 4,062 4,504 8,566 - Lease liability and financed purchase payable - current 327,201 - 327,201 - Long-term debt - current 260,000 1,075,000 1,335,000 - Total current liabilities 2,041,700 2,431,809 4,473,509 2,202,835 NONCURRENT LIABILITIES Accrued compensated absences 124,613 157,496 282,109 1,656,933 Net pension liability - PERA due in more than one year 1,318,549 1,504,883 2,823,432 - Total OPEB liability 87,293 96,771 184,064 - Lease liability and financed purchase payable 3,047,079 - 3,047,079 - Long-term debt 815,000 8,311,085 9,126,085 - Total noncurrent liabilities 5,392,534 10,070,235 15,462,769 1,656,933 Total liabilities 7,434,234 12,502,044 19,936,278 3,859,768 DEFERRED INFLOWS OF RESOURCES Pension plan deferments - PERA 419,796 479,120 898,916 - OPEB related deferments 48,656 53,939 102,595 - Total deferred inflows of resources 468,452 533,059 1,001,511 - NET POSITION Net investment in capital assets 9,724,701 178,534,992 188,259,693 - Unrestricted 3,144,851 29,663,802 32,808,653 (2,805,825) Total net position 12,869,552 208,198,794 221,068,346 (2,805,825) Total Liabilities, Deferred Inflows of Resources, and Net Position 20,772,238$ 221,233,897$ 242,006,135 1,053,943$ Explanation of difference between Enterprise Funds, Statement of Net Position, and government-wide Statement of Net Position: The City uses an internal service fund to charge the cost of its insurance activities to individual funds. This amount consists of the necessary adjustments to reflect the consolidation of internal service fund activities:141,689 Net position of business-type activities 221,210,035$ Enterprise Funds Business-type Activities - Page 387 of 532 CITY OF LAKEVILLE STATEMENT OF NET REVENUES, EXPENSES, AND CHANGES IN NET POSITION PROPRIETARY FUNDS YEAR ENDED DECEMBER 31, 2023 See accompanying Notes to Basic Financial Statements. (43) Governmental Activities - Internal Service Liquor Utility Total Funds OPERATING REVENUE Sales 22,692,555$ -$ 22,692,555$ -$ Cost of sales (16,474,955) - (16,474,955) - User Charges - 22,293,731 22,293,731 566,559 Other - 421,973 421,973 302,499 Total operating revenue 6,217,600 22,715,704 28,933,304 869,058 OPERATING EXPENSES Personnel services 3,184,842 3,470,612 6,655,454 158,535 Commodities 111,450 845,870 957,320 - Other charges and services 1,185,727 7,203,675 8,389,402 935,013 Disposal charges - 5,066,715 5,066,715 - Depreciation and amortization 673,810 6,007,119 6,680,929 - Total operating expenses 5,155,829 22,593,991 27,749,820 1,093,548 OPERATING INCOME 1,061,771 121,713 1,183,484 (224,490) NONOPERATING REVENUE (EXPENSES) Intergovernmental - grants 163 1,028,276 1,028,439 - Interest Income 105,521 528,470 633,991 17,509 Change in Fair Value of Investments 114,615 574,013 688,628 6,674 Interest, fiscal charges, bond premium (net)(39,607) (133,289) (172,896) - Disposal of capital assets - (9,017) (9,017) - Total nonoperating revenue (expenses)180,692 1,988,453 2,169,145 24,183 INCOME (LOSS) BEFORE CONTRIBUTIONS AND TRANSFERS 1,242,463 2,110,166 3,352,629 (200,307) Contributed capital from developers - 5,739,878 5,739,878 - Contributed capital from governmental activities - 5,042,714 5,042,714 - Transfers from other funds 2,354,946 - 2,354,946 - Transfers to other funds (3,678,729) (928,989) (4,607,718) - Total Contributions and Transfers (1,323,783) 9,853,603 8,529,820 - CHANGE IN NET POSITION (81,320) 11,963,769 11,882,449 (200,307) NET POSITION Beginning of Year 12,950,872 196,235,025 (2,605,518) End of Year 12,869,552$ 208,198,794$ (2,805,825)$ Explanation of difference between Proprietary Funds Statement of Revenue, Expenses, and Changes in Fund Net Position and the Statement of Activities: The City uses an internal service fund to charge the cost of its insurance activities to individual funds. This amount represents the income that has been allocated back to the business-type activities in the government-wide Statement of Activities that is attributable to the City's business-type activities:(174,384) Change in net Position of business-type activities 11,708,065$ Enterprise Funds Business-type Activities - Page 388 of 532 CITY OF LAKEVILLE STATEMENT OF CASH FLOWS PROPRIETARY FUNDS YEAR ENDED DECEMBER 31, 2023 See accompanying Notes to Basic Financial Statements. (44) GovernmentalActivities - Internal Service Liquor Utility Total Funds CASH FLOWS FROM OPERATING ACTIVITIES Cash received from customers 22,691,812$ 22,214,291$ 44,906,103$ -$ Cash received from general service charges - - - 866,585 Cash paid to suppliers (17,943,490) (12,670,877) (30,614,367) (1,007,681) Cash paid to and for employees (2,864,863) (3,321,164) (6,186,027) - Net Cash Provided (Used) by Operating Activities 1,883,459 6,222,250 8,105,709 (141,096) CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES Intergovernmental - grant 163 1,028,276 1,028,439 - Transfers from other funds 2,354,946 - 2,354,946 - Transfers to other funds (3,678,729) (928,989) (4,607,718) - Net Cash Provided (Used) by Noncapital Financing Activities (1,323,620) 99,287 (1,224,333) - CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIESAcquisition and construction of capital assets (65,067) (1,838,090) (1,903,157) - Proceeds from sale of capital assets - 18,760 18,760 - Interest and fiscal charges (39,853) (363,363) (403,216) - Principal maturities (565,001) (1,010,000) (1,575,001) - Net Cash Used by Capital and Related Financing Activities (669,921) (3,192,693) (3,862,614) - CASH FLOWS FROM INVESTING ACTIVITIES Investment income received 210,983 1,078,523 1,289,506 23,439 NET INCREASE IN CASH AND CASH EQUIVALENTS 100,901 4,207,367 4,308,268 (117,657) Cash and Cash Equivalents - Beginning of the Year 3,722,374 22,942,987 26,665,361 1,165,605 CASH AND CASH EQUIVALENTS - END OF THE YEAR 3,823,275$ 27,150,354$ 30,973,629$ 1,047,948$ RECONCILIATION OF OPERATING INCOME (LOSS) TO NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES Operating Income (Loss) 1,061,771$ 121,713$ 1,183,484$ (224,490)$ Adjustments: Depreciation expense 673,810 6,007,119 6,680,929 - (Increase) decrease in assets and deferred outflows: Accounts receivable (3,137) (595,083) (598,220) (2,473) Inventory (12,639) (3,034) (15,673) - Prepaid expenses - 486 486 - Pension-related deferred outflows 93,513 183,567 277,080 - OPEB-related deferred outflows (8,460) (5,910) (14,370) - Increase (decrease) in liabilities and deferred inflows: Salaries payable 2,831 1,199 4,030 - Accounts payable (158,719) 447,931 289,212 (72,668) Unearned revenue - 88,870 88,870 Deposits payable 2,394 4,800 7,194 - Accrued compensated absences 45,990 16,385 62,375 158,535 Net pension liability (233,497) (499,238) (732,735) - Pension-related deferred inflows 396,904 449,560 846,464 - OPEB-related deferred inflows 12,566 7,384 19,950 - Total OPEB liability 10,132 (3,499) 6,633 - Net Cash Provided (Used) by Operating Activities 1,883,459$ 6,222,250$ 8,105,709$ (141,096)$ Supplemental schedule of noncash financing activities:The City assumes ownership of utility capital assets from governmental projects and land developers. Capital assets assumed were as follows:-$ 10,782,592$ 10,782,592$ -$ Amortization of Bond Premiums - 209,516 209,516 - -$ 10,992,108$ 10,992,108$ -$ Enterprise FundsBusiness-type Activities - Page 389 of 532 CITY OF LAKEVILLE STATEMENT OF FIDUCIARY NET POSITION CUSTODIAL FUND DECEMBER 31, 2023 See accompanying Notes to Basic Financial Statements. (45) Custodial Fund ASSETS Accounts receivable 33,055$ LIABILITIES Disbursements in excess of deposits 8,433 Accounts payable 2,613 Total liabilities 11,046 NET POSITION Restricted for: Individuals, organizations, and other governments 22,009$ Page 390 of 532 CITY OF LAKEVILLE STATEMENT OF CHANGES IN FIDUCIARY NET POSITION CUSTODIAL FUND YEAR ENDED DECEMBER 31, 2023 See accompanying Notes to Basic Financial Statements. (46) Custodial Fund ADDITIONS Contributions 9,330$ DEDUCTIONS Payments to vendors 13,801 NET DECREASE IN FIDUCIARY NET POSITION (4,471) Fiduciary net position - beginning of year 26,480 FIDUCIARY NET POSITION - END OF YEAR 22,009$ Page 391 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (47) NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES A. Organization The City of Lakeville, Minnesota (the City) operates under the “Optional Plan A” form of government as defined in Minnesota Statutes. The Statutes prescribe a Mayor-Council form of organization. The City provides the following services: public safety, highways and streets, water and sanitary sewer, public improvements, planning and zoning, culture-recreation, and general administration. The basic financial statements of the City of Lakeville have been prepared in conformity with accounting principles generally accepted in the United States of America (GAAP) as applied to government units. The Governmental Accounting Standards Board (GASB) is the accepted standard-setting body for establishing governmental accounting and financial reporting principles. The City’s more significant accounting policies are described below. B. Reporting Entity The City of Lakeville is a municipal corporation governed by an elected mayor and a four-member council. In accordance with GASB standards, these financial statements represent the City of Lakeville and its sole component unit. The City includes all funds, organizations, agencies, departments, and offices that are not legally separate from such. Component units are legally separate organizations for which the elected officials of the City are financially accountable and are included within the basic financial statements of the City based on the nature and the significance of their operational or financial relationships with the City. The City has considered all potential units for which it is financially accountable, and other organizations for which the nature and significance of their relationship with the City are such that exclusion would cause the City’s financial statements to be misleading or incomplete. The Governmental Accounting Standards Board (GASB) has set forth criteria to be considered in determining financial accountability. These criteria include appointing a voting majority of an organization’s governing body, and (1) the ability of the primary government to impose its will on that organization or (2) the potential for the organization to provide specific benefits to or impose specific financial burdens on the primary government. Based upon the application of these criteria, the City has the following component units: Blended Component Unit The Housing and Redevelopment Authority (HRA) of Lakeville, Minnesota was created by the City to provide housing and redevelopment assistance to its citizens. The HRA provides this assistance through the administration of various programs. The HRA is governed by a five-member Board of Commissioners comprised of the City of Lakeville Council in accordance with Minnesota Statutes 469.003, Subdivision 6. Although it is legally separate from the City, the HRA is reported as if it were a part of the City (blended) because the City Council is also the HRA governing board. The Commissioners’ terms of office coincide with those of the City Council member. The City Administrator serves as the HRA Executive Director. The operational responsibility for the HRA rests with management of the City. Page 392 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (48) NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) B. Reporting Entity (Continued) Blended Component Unit (Continued) During fiscal year 2006, the HRA issued $9,230,000 in Ice Arena Lease Revenue Bonds, Series 2006, to finance the construction of the single sheet Hasse ice arena facility. The Ice Arena Lease Revenue Bonds, Series 2006 were subsequently refunded in 2016. Debt service will be payable from equal lease payments to be made by the City pursuant to the lease agreement between the HRA and the City, and in conjunction with the joint powers agreement between the City and Independent School District No. 194. In 2017, the HRA issued $2,255,000 in Lease Revenue Liquor Enterprise Refunding Bonds, Series 2017A, to refund the existing liquor revenue bonds through a purchase (and subsequent lease-back) of the liquor store land and building. Debt service will be payable from lease payments made by the City’s liquor enterprise fund. These HRA bond obligations are combined and presented separately in the debt service funds as debt supported by HRA lease revenue. The HRA has not issued separate financial statements for the period ending December 31, 2023. Information of a nonfinancial matter regarding the HRA can be obtained at the City’s Finance offices, located at 20195 Holyoke Avenue, Lakeville, Minnesota 55044. C. Government-Wide Financial Statements The basic financial statements include both government-wide and fund financial statements. The government-wide financial statements focus on the City as a whole (consolidation of the City, excluding fiduciary funds) while the fund financial statements focus on the major individual funds (reported as separate columns within the fund financial statements). Separate financial statements are provided for governmental funds, proprietary funds, and fiduciary funds. Both the government-wide and fund financial statements (within the basic financial statements) categorize primary activities as either governmental or business-type. In the government-wide statement of net position, both the governmental and business-type activities columns (a) are presented on a consolidated basis by column, and (b) are reflected, on a full accrual, economic resources measurement focus, which incorporates long-term assets, receivables, deferred inflows and outflows of resources as well as long-term debt and other obligations. The City generally first uses restricted assets for expenses incurred for which both restricted and unrestricted assets are available. The City may defer the use of restricted assets based on a review of the specific transaction. The government-wide statement of activities reflects both the gross cost and the net cost per function category (general government, public safety, public works, and parks and recreation) which are otherwise being supported by both program and general revenues (charges for services, grants and contributions, property taxes, etc.). The statement of activities reduces gross expenses (including depreciation and amortization) by the related program revenues and operating/capital grants and contributions. Page 393 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (49) NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) C. Government-Wide Financial Statements (Continued) The program revenues must be directly associated with the function (general government, public safety, public works, and parks and recreation) or a business-type activity. Program revenues are derived directly from the program itself or from parties outside the City’s taxpayers or citizenry, as a whole. The City does not allocate indirect expenses. The operating grants and contributions column includes operating-specific and discretionary grants while the capital grants and contributions column includes capital specific grants and contributions. D. Fund Financial Statement Presentation The governmental fund financial statements are presented using the current financial resources measurement focus and the modified accrual basis of accounting. This is the manner in which these funds are normally budgeted. Since the governmental fund statements are presented using a measurement focus and basis of accounting different from that used in the government-wide statement’s governmental column, a reconciliation is presented that briefly explains the adjustments necessary to reconcile ending net position and the change in net position. Both the City as a whole and the City’s major funds, including both governmental and enterprise funds, as well as a custodial fund, are presented utilizing the focus of the GASB Statement No. 34 reporting model. Each presentation provides valuable information that can be analyzed and compared (between years and between governments) to enhance the usefulness of the information. In the fund financial statements, financial transactions and accounts of the City are organized on the basis of funds. The operation of each fund is considered to be an independent fiscal and separate accounting entity, with a self-balancing set of accounts recording cash and/or other financial resources together with all related liabilities, deferred inflows and outflows of resources and residual equities or balances, and changes therein, which are segregated for the purpose of carrying on specific activities or attaining certain objectives in accordance with special regulations, restrictions, or limitations. Major governmental funds - The City reports the following major governmental funds: General fund – The general fund is the general operating fund of the City. It is used to account for all financial resources except for those required to be accounted for in another fund. This fund records revenues such as property taxes, licenses, and permits, intergovernmental revenues, charges for services, fines, and investment income. Most of the day-to-day operations of the City are financed from this fund. Page 394 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (50) NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) D. Fund Financial Statement Presentation (Continued) Debt service fund – This fund is used to account for the accumulation of resources that are restricted for the payment of long-term principal, interest, and related costs. Capital projects fund – This fund accounts for the accumulation and disbursement of funds for major capital projects and facilities including the construction or improvement of public buildings, Minnesota Municipal State-aid funded street construction, and complex construction contracts that involve multiple financing resources from the City and other government entities. Major enterprise funds – The City reports the following major proprietary funds: Enterprise liquor fund – This fund is used to account for the retail operations of four off-sale liquor stores. Enterprise utility fund – This fund is used to account for water, sanitary sewer, street lighting, and environmental resources services provided to City customers. Other funds – The City reports the following other funds: Internal service funds – The City has a Municipal Reserves internal service fund as well as a Compensated Leave internal service fund. The Municipal Reserves fund accounts for the City’s risk management program relating to general liability, excess liability, property, workers compensation, and casualty insurance costs which are charged to other departments of the City. The Compensated Leave fund accounts for the accrued liability of employee benefits attributed to compensated leave. Funding was initially provided by transfers from the General Fund. Future revenue sources are charges to benefited programs and departments. Benefits paid to Enterprise Fund employees are accounted for in their respective funds. The Compensated Leave fund currently has a deficit net position, but the City supports reestablishing a Compensated Leave Fund for the purpose of funding the current liability for accrued leave hours due to those employees eligible to retire within the next five years as well as an estimated amount for a normal level of staff turnover, recognizing that even though this liability will be paid in the future, the liability was incurred to provide current services and should be funded with current revenues. Funding this liability can be phased in but the City will strive to meet this goal within three to five years. Custodial fund – The custodial fund is used to record the receipt and remittance of monies held by the City on behalf of other legally separate entities. Page 395 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (51) NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) E. Measurement Focus and Basis of Accounting The accounting and reporting treatment applied to a fund is determined by its measurement focus. Funds are classified into three categories: Governmental, Proprietary, and Fiduciary. To provide an accurate cost measurement of individual activities in the fund financial statement consolidation process, the City’s interfund activity relating to services provided by and used between functions has been removed from these statements; exceptions are for charges between the government’s liquor and utility function and other functions of the government. Governmental Funds: Measurement focus: Governmental funds are accounted for using a current financial resources measurement focus. With this measurement focus, only current assets and current liabilities generally are included on the balance sheet. Reported fund balance is considered a measure of “available spendable resources.” Governmental fund operating statements represent increases (i.e., revenues and other financing sources) and decreases (i.e., expenditures and other financing uses) in net current assets. Basis of accounting: Governmental funds are accounted for using the modified accrual basis of accounting. Their revenues are recognized when susceptible to accrual (i.e., when they become measurable and available). “Measurable” means the amount of the transaction can be determined and “available” means collectible within the current fiscal year or soon enough thereafter to be used to pay liabilities of the current fiscal year. For this purpose, the City generally considers revenues to be available if collected within 60 days of year-end or if intergovernmental revenues related to a joint project venture with the county are considered to be available if collected within 181 days of year-end. Revenues: Major revenues that are susceptible to accrual include property taxes, excluding delinquent taxes received over 60 days after current fiscal year-end; special assessments, intergovernmental revenue, excluding intergovernmental revenues related to a joint project venture with the county are considered revenue if collected within 181 days after current fiscal year-end; charges for services, investment income, and donations. Major revenues that are not susceptible to accrual (i.e., license and permit revenues, and miscellaneous revenues) are recorded when received because they are not measurable until collected. Expenditures: Expenditures are generally recognized under the modified accrual basis of accounting when the related fund liability is incurred, except for principal and interest on long-term debt, other postemployment benefits, pension benefits and compensated absences which are recognized when due. Page 396 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (52) NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) E. Measurement Focus and Basis of Accounting (Continued) Proprietary and Fiduciary Funds: Measurement focus: Proprietary funds and fiduciary funds are accounted for on a flow of economic resources measurement focus. This means that all assets, including capital assets, and all liabilities, including long-term liabilities, and deferred inflows and outflows of resources associated with fund activity are included on the statement of net position. Proprietary fund types statement of revenues, expenses, and changes in net position present increases (i.e., revenues) and decreases (i.e., expenses) in net total position. Basis of accounting: Proprietary funds and fiduciary funds (including custodial funds) are accounted for using the accrual basis of accounting. Revenues are recognized when earned and expenses are recorded at the time the liabilities are incurred. Unbilled utility service receivables are recorded at current fiscal year-end. Operating versus nonoperating items: Proprietary funds distinguish operating revenues and expenses from nonoperating items. Operating revenues and expenses generally result from providing services and producing and delivering goods in connection with a proprietary fund’s principal ongoing operations. The principal operating revenue of the City’s enterprise funds and internal service funds are charges to customers for sales and services. Operating expenses for enterprise funds and internal service funds include the cost of sales and services, administrative expenses, and depreciation and amortization on capital assets. All revenues and expenses not meeting this definition are reported as nonoperating revenues and expenses. F. Cash and Investments Cash balances from all funds are combined and invested to the extent available in certificates of deposit, commercial paper, U.S. Government securities, and other securities authorized by state statutes. Earnings from such investments are allocated to the respective funds on the basis of applicable cash balance participation by each fund. Cash and investments held by trustee represent in part the value of deposits that are required to be held in trust for various City obligations. These established escrow accounts will remain in effect until the terms and conditions of the obligations have been fulfilled. Earnings from such investments are allocated directly to the respective funds in which the assets are held. G. Taxes Receivable Property tax levies are set by the City Council in December each year and are certified to Dakota County for collection in the following year. Such taxes become a receivable of the City and become a lien on the respective property as of January 1. In Minnesota, most counties act as collection agents for all property taxes. Dakota County spreads the levies over all taxable property within the City of Lakeville. Page 397 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (53) NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) G. Taxes Receivable (Continued) Real and personal property taxes are payable in equal installments by property owners to Dakota County on May 15 and October 15 of each year. Dakota County remits these and delinquent collections to the City twice a year, in July and December. Unpaid taxes on December 31 are classified in the fund financial statements as delinquent taxes receivable. Taxes receivable include the following components: Unremitted – amounts collected by Dakota County but not yet remitted to the City by December 31. Delinquent – amounts billed to property owners but not paid. H. Special Assessments Receivable Special assessments are levied against the benefited properties for the assessable costs of special assessment improvement projects in accordance with State Statutes. The City usually adopts the assessment rolls when construction contracts will be awarded for the individual projects. The City is obligated for the payment of special assessment debt not covered through the collection of special assessments from property owners. Any obligation by the City would be paid by property taxes. Special assessments are collectable over a term of years generally consistent with the term of years of the related bond issue. Collection of annual special assessment installments (including interest) is administered by Dakota County in the same manner as property taxes. Property owners are allowed to prepay total future installments without interest or prepayment penalties. As of December 31, 2023, the special assessment delinquent receivable was $141,056 in the governmental funds and $49,554 in the proprietary enterprise utility fund. Special assessments receivable includes the following components: Unremitted – amounts collected by Dakota County but not yet remitted to the City by December 31. Delinquent – amounts billed to property owners but not paid. Deferred – assessment installments that will be billed to property owners in future years. Other - assessments for which payment has been delayed based on state statutes or City Council action. I. Inventory Inventories are valued on a first-in, first-out method. The cost of inventories is recorded as expenses/expenditures when consumed rather than purchased except for, general fund inventory related to snow removing chemicals. These materials are recorded as an expenditure at the time of purchase rather than when it is consumed. J. Prepaid Items Payments made to vendors for services that will benefit periods beyond the current year are recorded as prepaid items. Prepaid items are also accounted for using the consumption method. Page 398 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (54) NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) K. Unamortized Bond Premium and Bond Discount In the governmental fund financial statements, bond premiums and discounts are recognized as other financing sources and uses, respectively in the current fiscal year. Bond discounts and bond premiums for the City’s government-wide financial statements are deferred and amortized over the term of the bonds using the effective interest rate method. Unamortized bond premiums and discounts are included within the noncurrent liabilities due in more than one year of the City’s government-wide statement of net position. The enterprise utility fund includes a noncurrent liability for unamortized bond premium associated with the issuance of the water, sewer, and streetlight bonds of 2016-2021. The bond premium is amortized over the term of the bonds using the effective interest rate method. L. Restricted Assets The government-wide statement of Net Position “restricted assets (temporarily)” represents cash and investments, and investments held by trustee that have imposed restrictions placed on them by parties outside the government. These restricted amounts are pledged by bond covenants to the repayment of City indebtedness. The assets are temporarily restricted until the terms and conditions of the obligations have been fulfilled. M. Capital Assets Capital assets, which include land, historical treasures, construction in process, buildings and improvements, machinery and equipment, other improvements, and infrastructure, are reported in the applicable governmental or business-type activity columns of the government-wide statement of net position and proprietary funds statement of net position. Such assets are capitalized at historical cost or estimated historical cost for assets where actual historical cost is not available. Donated assets are recorded as capital assets at their estimated acquisition value on the date of donation. The City defines capital assets as those with an initial, individual cost of $5,000 or more with an estimated useful life of not less than one year. The cost of normal maintenance and repairs that do not add to the value of the asset or materially extend the life of the asset are not capitalized. Capital outlays are recorded as expenditures in the City’s governmental fund financial statements, which use the modified accrual basis of accounting. Capital outlays that meet the City’s capitalization criteria are reported in the government-wide statement of net position and proprietary funds statement of net position, both of which use the full accrual basis of accounting. Page 399 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (55) NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) M. Capital Assets (Continued) Depreciation and amortization on the capital assets is recorded in the government-wide and proprietary fund financial statements. Land, historical treasures, and construction in process are not depreciated. Capital assets are depreciated using the straight-line method over their estimated useful lives as follows: Buildings and improvements 50 to 75 Years Machinery and equipment 3 to 20 Years Other improvements 10 to 50 Years Infrastructure 20 to 50 Years Right-to-use lease assets are initially measured at the present value of payments expected to be made during the lease term, adjusted for lease payments made at or before the lease commencement date, plus certain initial direct costs. Subsequently, the lease asset is amortized in a systematic and rational manner over the shorter of the lease term or the useful life of the underlying asset. N. Deferred Outflows/Inflows of Resources In addition to assets, the statement of net position will sometimes report a separate section for deferred outflows of resources. This separate financial statement element represents a consumption of net assets that applies to a future period and so will not be recognized as an outflow of resources (expense/expenditure) until then. The City has three items that qualifies for reporting in this category. The first two items are the deferred outflows of resources related to pensions reported in the government-wide and proprietary fund statements of net position. This deferred outflow results from differences between expected and actual experience, changes of assumptions, differences between projected and actual earnings on pension plan investments, and contributions to the plan subsequent to the measurement date and before the end of the reporting period. These amounts are deferred and amortized as required under pension standards. The third item is a deferred outflow related to the City’s OPEB liability. This deferred outflows results from contributions made to the plan after the measurement date and for differences between expected and actual experience, and these deferred outflows will be amortized as required under OPEB standards. In addition to liabilities, statements of net position or balance sheets will sometimes report a separate section for deferred inflows of resources. This separate financial statement element represents an acquisition of net assets that applies to future periods and so will not be recognized as an inflow of resources (revenue) until that time. The City has four items which qualify for reporting in this category. The first item, unavailable revenue, is reported only in the governmental funds Balance Sheet. The governmental funds report unavailable revenue from three sources: property taxes, special assessments, and other. These amounts are deferred and recognized as an inflow of resources in the period the amounts become available. Page 400 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (56) NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) N. Deferred Outflows/Inflows of Resources (Continued) The second item, deferred inflows of resources related to pensions and OPEB, is reported in the government-wide and proprietary fund statements of net position. This deferred inflow results from differences between expected and actual experience, changes of assumptions, and the difference between projected and actual earnings on pension plan investments. These amounts are deferred and amortized as required under pension and OPEB standards. The third item relates to deferred gains on bond refundings that are amortized over the life of the related bonds. The fourth item, leases and financed purchases, relates to long-term lease receivables and financed purchase receivables not recognized to revenue until the underlying timing requirements of the leases have been met. O. Compensated Absences It is the City’s policy to permit employees to accumulate earned but unused leave benefits as either paid-time-off (PTO), or vacation and sick leave. Under the City’s personnel policies and collective bargaining contracts, City employees are granted leave benefits in varying amounts based on length of service. PTO accruals vary from 18 to 30 days per year, vacation accruals vary from 10 to 20 days per year, and sick leave accrues at a rate of 12 days per year. As benefits accrue to employees, the accumulated PTO, vacation and vested sick leave is reported as an expense and liability in the government-wide and proprietary fund financial statements. Accrued PTO, vacation and a percentage of sick leave is paid to employees upon termination (severance) only if they have vested and is reported as an expenditure in the governmental fund that will pay for it. No liability is recorded for nonvesting accumulating rights to receive sick leave benefits. P. Pensions For purposes of measuring the net pension asset/liability, deferred outflows/inflows of resources, and pension expense, information about the fiduciary net position of the Public Employees Retirement Association (PERA) and the Lakeville Fire Relief Association and the applicable pension additions to/deductions from the pension plan’s fiduciary net position have been determined on the same basis as they are reported by the plan except that the PERA pension plan’s fiscal year-end is June 30. For this purpose, plan contributions are recognized as of employer payroll paid dates and benefit payments and refunds are recognized when due and payable in accordance with the benefit terms. Investments are reported at fair value. Page 401 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (57) NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) Q. Other Postemployment Benefits (OPEB) Obligation In accordance with the provisions of GASB Statement No. 75, Accounting and Financial Reporting for Postemployment Benefits Other Than Pensions, an actuarial valuation is required to be computed and reported for the City’s postemployment health insurance benefits provided to eligible employees through the City’s Other Postemployment Benefits Plan. OPEB is reported as an expense on a pay-as-you-go basis and is accrued as it is earned. The total OPEB obligation liability and corresponding expense for governmental activities is reported within the government-wide financial statements. The total OPEB liability and corresponding expense for enterprise funds are recorded within those funds. R. Long-Term Obligations Long-term obligations are recorded in the City’s government-wide and proprietary fund statements of net position when they become a liability of the City. Long-term obligations are recognized as a liability of a governmental fund only when due or when payment is made to the paying agent. S. Leases Receivable The City determines if an arrangement is a lease at inception. Leases for which the City is the lessor are included in lease receivables and deferred inflows of resources in the statements of net position and fund financial statements. Lease receivables represent the City’s claim to receive lease payments over the lease term, as specified in the contract, in an exchange or exchange-like transaction. Lease receivables are recognized at commencement date based on the present value of expected lease payments over the lease term, reduced by any provision for estimated uncollectible amounts. Interest revenue is recognized ratably over the contract term. Deferred inflows of resources related to leases are recognized at the commencement date based on the initial measurement of the lease receivable, plus any payments received from the lessee at or before the commencement of the lease term that relate to future periods, less any lease incentives paid to, or on behalf of, the lessee at or before the commencement of the lease term. The deferred inflows related to leases are recognized as lease revenue in a systematic and rational manner over the lease term. The individual lease contracts do not provide information about the discount rate implicit in the lease. Therefore, the City has elected to use its incremental borrowing rate to calculate the present value of expected lease payments. Page 402 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (58) NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) T. Fund Balance In the fund financial statements, governmental funds report fund balance classification that disclose constraints for which amounts in those funds can be spent. These classifications are as follows: Nonspendable – consists of amounts that cannot be spent because they are not in spendable form, such as prepaid items and inventory. Restricted – consists of amounts related to externally imposed constraints established by creditors, grantors or contributors; or constraints imposed by state statutory provisions. Committed – consists of amounts that are constrained for specific purposes that are internally imposed by formal action (resolution) of the City Council. Those committed amounts cannot be used for any other purpose unless City Council removes or changes the specified use by taking the same type of action it employed to previously commit those amounts. Assigned – consists of amounts intended to be used by the City for specific purposes but do not meet the criteria to be classified as restricted or committed. Pursuant to City resolution, the City Administrator and the Finance Director are authorized to establish assignments of fund balances. Unassigned – is the residual classification for the General fund and also reflects negative residual amounts in other funds. The City will endeavor to maintain an unrestricted (committed, assigned, and unassigned) fund balance in the General fund of an amount not less than 40% and not greater than 50% of the next year’s budgeted expenditures of the General fund. This will assist in maintaining an adequate level of fund balance to provide for cash flow requirements and contingency needs. At December 31, 2023, the unrestricted fund balance of the General Fund was 49.2% of the subsequent year’s budgeted expenditures. When both restricted and unrestricted resources are available for use, it is the City’s policy to first use restricted resources, and then use unrestricted resources as they are needed. When committed, assigned or unassigned resources are available for use, it is the City’s policy to use resources in the following order; 1.) committed, 2.) assigned, and 3.) unassigned. Page 403 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (59) NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) U. Net Position In the government-wide and proprietary fund financial statements, net position represents the difference between assets and deferred outflows of resources and liabilities and deferred inflows of resources. Net position is displayed in three components: Net investment in capital assets – Consists of capital assets, net of accumulated depreciation and amortization reduced by any outstanding debt attributable to acquire capital assets. Restricted net position – Consists of net position balances restricted when there are limitations imposed on their use through external restrictions imposed by creditors, grantors, laws, or regulations of other governments. Unrestricted net position – All other net position balances that does not meet the definition of “restricted” or “net investment in capital assets”. When both restricted and unrestricted resources are available for use, it is the City’s policy to use restricted resources first, then unrestricted resources as they are needed. The City has also established specific targets it will use to maintain an adequate level of net position for the Utility Enterprise Funds. When implementing any rate changes, the City intends to meet the following financial management targets: (i) Available cash on hand to cover the following objectives: 1. Three months of operating cash 2. Following year debt service payments 3. Next year planned capital expenses not financed with bonds. (ii) Unassigned cash to account for unexpected costs at the following thresholds: 1. $500,000 for water and sewer operating funds 2. $100,000 for environmental resources and streetlight operating funds. (iii) Unrestricted Net Position not less than 50% of projected expenses. (iv) Net revenues not less than 125% of annual debt service on existing and planned debt. V. Revenues and Expenditures/Expenses In the governmental fund financial statements property tax revenue is recognized when it becomes measurable and available to finance expenditures of the current fiscal year. All delinquent taxes receivable are fully offset by deferred inflow of resources in the governmental fund financial statements. Taxes due from Dakota County on December 31 are included in revenue since they are remitted to the City within 60 days after December 31. In the government-wide statement of activities property tax revenue is recognized when levied. Page 404 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (60) NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) V. Revenues and Expenditures/Expenses (Continued) In the governmental fund financial statements special assessments principal and interest are recognized as revenue when they become measurable and available to finance expenditures of the current fiscal year. All delinquent and deferred assessments receivable are fully offset by deferred inflow of resources in the fund financial statements. Both the principal and interest on special assessments are payable in installments over a term of years that matches the scheduled payments for the bond issue which financed the project. In the government-wide statement of activities special assessments revenue is recognized when levied. Investment income is recorded as revenue in the year earned. Elements of investment income include interest earned on investments and unrealized gains or losses on net increases or decreases in the fair value of investments. Certain grants and aids received by the City require that eligible expenditures be made in order to earn the grant. Revenue for these grants is recorded in the period of which eligible expenditures are made. Enterprise utility fund service charges are recognized when earned with no allowance for uncollectibles because delinquent accounts deemed uncollectible during the normal billing process are certified to Dakota County as a property tax lien. Quarterly utility service charges provided to customers but unbilled are included as receivables as of December 31. Interfund service transactions are accounted for as expenditures or expenses. Service transaction payments to a fund are recorded as an expenditure or expense in the paying fund and conversely recorded as a reduction of expenditure or expense in the fund that is receiving payment. Interfund service transactions within the respective categories of governmental activities and business-type activities in the government-wide statement of activities are eliminated. Interfund services provided and used are not eliminated in the process of consolidation into the government-wide statement of activities. W. Cash Flows For purposes of the statement of cash flows, the City considers all highly liquid debt instruments with an original maturity from the time of purchase of three months or less to be cash equivalents. The proprietary funds’ equity in the government-wide cash and investments management pool is considered to be a cash equivalent. X. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates that affect amounts reported in the financial statements during the reporting period. Actual results could differ from such estimates. Page 405 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (61) NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) Y. Adoption of New Accounting Standards GASB Statement No. 94, Public-Private and Public-Public Partnerships and Availability Payment Arrangements In March 2020, the GASB issued GASB Statement No. 94, Public-Private and Public- Public Partnerships and Availability Payment Arrangements. This standard provides accounting and financial reporting requirements for public-private and public-public partnership arrangements (PPPs) that either meet the definition of an SCA or are not within the scope of Statement 87, as amended. This standard also provides guidance for accounting and financial reporting for availability payment arrangements (APAs), which are arrangements in which a government compensates an operator for services that may include designing, constructing, financing, maintaining, or operating an underlying nonfinancial asset for a period of time in an exchange or exchange-like transaction. The City adopted the requirements of the guidance effective January 1, 2023, and has applied the provisions of this standard to the beginning of the period of adoption. As the City did not identify any arrangements that qualified as an APA or PPPs that met the definition of an SCA which required recording in the financial statements, this new accounting standard did not have any effect on the financial statements. GASB Statement No. 96, Subscription-Based Information Technology Arrangements In May 2020, the GASB issued GASB Statement No. 96, Subscription-Based Information Technology Arrangements. This standard defines a subscription-based information technology arrangement (SBITA); establishes that a SBITA results in a right- to-use subscription asset (an intangible asset) and a corresponding subscription liability; provides the capitalization criteria for outlays other than subscription payments, including implementation costs of a SBITA; and requires note disclosures regarding a SBITA. The City adopted the requirements of the guidance effective January 1, 2023, and has applied the provisions of this standard to the beginning of the period of adoption. As the City did not identify any arrangements that qualified as a long-term SBITA, this new accounting standard did not have any effect on the financial statements. NOTE 2 DEPOSITS AND INVESTMENTS A. Components of Cash and Investments The City’s cash surpluses are pooled and invested in accordance with State Statute and City investment policy. Investment earnings and unrealized gains and losses are allocated to funds on the basis of average cash balances. Investments are stated at fair value, which is the amount that a financial instrument could be exchanged for in a current transaction between willing parties. The investments are not identified with specific funds with the exception for bond proceeds related to bond series 2018 A. Investments held by trustee include balances held in segregated accounts for specific purposes. Interest earned on these trustee accounts is allocated directly to the responsible fund. The amounts represent funds held as required by the debt obligation covenants and other agreements. Page 406 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (62) NOTE 2 DEPOSITS AND INVESTMENTS (CONTINUED) A. Components of Cash and Investments (Continued) The City’s cash and investments as of December 31, 2023 consist of the following: Cash on hand 17,750$ Deposits 2,223,209 Investments 162,671,860 Total cash and investments 164,912,819$ The City’s cash and investments as of December 31, 2023 are presented in the financial statements as follows: Statement of Net Position Cash and investments 164,921,213$ Temporarily restricted investments held by trustee 39 Statement of Fiduciary Net Position Cash and investments (8,433) Total cash and investments 164,912,819$ B. Deposits In accordance with applicable Minnesota Statutes, the City maintains deposits at depository banks authorized by the City Council, including checking accounts and certificates of deposit. The following is considered the most significant risk associated with deposits: Custodial Credit Risk – In the case of deposits, this is the risk that in the event of a bank failure, the City’s deposits may be lost. Minnesota Statutes require that all deposits be protected by federal deposit insurance, corporate surety bond, or collateral. The value of collateral pledged must equal 110% of the deposits not covered by federal deposit insurance or corporate surety bonds. Authorized collateral includes treasury bills, notes, and bonds; issues of U.S. government agencies; general obligations rated “A” or better; revenue obligations rated “AA” or better; irrevocable standard letters of credit issued by the Federal Home Loan Bank; and certificates of deposit. Minnesota Statutes require that securities pledged as collateral be held in safekeeping in a restricted account at the Federal Reserve Bank or in an account at a trust department of a commercial bank or other financial institution that is not owned or controlled by the financial institution furnishing the collateral. The City does not have a formal policy addressing this risk. At year-end, the carrying amount of the City’s deposits was $2,223,209, while the balance on the bank records was $-0-. At December 31, 2023, all deposits were fully covered by federal depository insurance, surety bonds, or by collateral held by the City’s agent in the City’s name. Page 407 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (63) NOTE 2 DEPOSITS AND INVESTMENTS (CONTINUED) C. Investments The City’s investments as of December 31, 2023 are as follows: Investment Type Rating Agency Total Value Less than 1 1 - 5 6 - 10 Money market funds: Minnesota Municipal (4M)N/R N/A 24,446,015$ 24,446,015$ -$ -$ First American Treasury Obligation AAAm S&P 39 39 - - Wells Fargo Money Market N/R N/A 72 72 - - Certificates of deposit N/R N/A 11,238,823 3,156,845 8,081,978 - U.S. treasury securities N/A N/A 4,965,090 4,965,090 - - U.S. government agencies AA+ S&P 87,951,469 16,904,698 70,650,982 395,789 Municipal bonds Aaa Moody's 391,929 - 391,929 - Municipal bonds AAA S&P 8,068,952 - 8,068,952 - Municipal bonds Aa1 Moody's 3,562,337 - 3,562,337 - Municipal bonds AA+ S&P 5,147,197 805,413 4,341,784 - Municipal bonds Aa2 Moody's 5,682,735 1,969,277 3,713,458 - Municipal bonds AA S&P 6,718,423 1,646,965 5,071,458 - Municipal bonds Aa3 Moody's 918,324 - 918,324 - Municipal bonds AA- S&P 3,580,455 1,517,598 2,062,857 - Total investments 162,671,860$ 55,412,012$ 106,864,059$ 395,789$ N/R - Not rated N/A - Not applicable Credit Risk Interest Risk - Maturity Duration in Years The 4M Fund is regulated by Minnesota Statutes and the Board of Directors of the League of Minnesota Cities and is an external investment pool not registered with the Securities and Exchange Commission (SEC) that follows guidance under GASB Statement No. 79. The City’s investment in the 4M Fund is measured at an amortized cost method that approximates fair value. Investments in the 4M Plus must be deposited for a minimum of 14 calendar days. Withdrawals prior to the 14-day restriction period will be subject to a penalty equal to seven days interest on the amount withdrawn. The City’s investment policy does not place any further limitations beyond the state statute requirements for the risk categories described below. Investments are subject to various risks, the following of which are considered the most significant: Custodial Credit Risk – For investments, this is the risk that in the event of a failure of the counterparty to an investment transaction (typically a broker-dealer) the City would not be able to recover the value of its investments or collateral securities that are in the possession of an outside party. The City does not have any custodial credit risk for its investments since all of the City’s investments held in safekeeping by the City’s brokerage firm in the City’s name are insured and registered. Credit Risk – This is the risk that an issuer or other counterparty to an investment will not fulfill its obligations. State statutes authorize investments in money market funds, certificates of deposit, commercial paper, U.S. treasury securities, U.S. government agencies, and other securities provided they meet the two highest quality ratings of nationally recognized rating organizations. Page 408 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (64) NOTE 2 DEPOSITS AND INVESTMENTS (CONTINUED) C. Investments (Continued) Concentration Risk – This is the risk associated with investing a significant portion of the City’s investments (considered 5% or more) in the securities of a single issuer, excluding U.S. guaranteed investments (such as treasuries), investment pools, and mutual funds. As of December 31, 2023, the City’s investment portfolio includes the following securities of single issuers exceeding 5%: Federal Farm Credit Bank 11.7% Federal Home Loan Bank 25.2% Federal Home Loan Mortgage Corporation 7.5% Federal National Mortgage Association 9.2% Interest Rate Risk – This is the risk of potential variability in the fair value of fixed rate investments resulting from changes in interest rates (the longer the period for which an interest rate is fixed, the greater the risk). D. Investments Policy The City’s investment policy limits exposure to interest rate risk by investing in shorter term securities (maturing in one year or less) to meet current operating cash requirements. Longer-term investments are to be purchased with the intent to match maturity periods with future funding needs for capital replacement and debt obligations. The City will not purchase investments that, at the time of investment, cannot be held to maturity. This does not mean that an investment cannot be sold prior to maturity. Investment activity will focus upon protection of taxpayer dollars and investment income, consistent with statutory authorization and financial prudence. The City will conduct its investment transactions with several legal competing, reputable investment security dealers, and qualifying banks. The City will invest only in the following instruments or those others that may subsequently be permitted by state statute. • United States Treasury obligations • Federal Agency Securities • Certificates of Deposit • Commercial Paper • Banker’s Acceptance • Money Market Funds • State and local securities Page 409 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (65) NOTE 2 DEPOSITS AND INVESTMENTS (CONTINUED) E. Fair Value Measurements The City uses fair value measurements to record fair value adjustments to certain asset and liabilities and to determine fair value disclosures. The City follows an accounting standard which defines fair value, establishes framework for measuring fair value, establishes a fair value hierarchy based on the quality of inputs used to measure fair value, and requires expanded disclosures about fair value measurements. In accordance with this standard, the City has categorized its investments, based on the priority of inputs to the valuation technique, into a three-level fair value hierarchy. The fair value hierarchy gives the highest priority to quotes and prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). If inputs used to measure the financial instruments fall within different levels of the hierarchy, the categorization is based on the lowest level input that is significant to the fair value measurement of the instrument. Financial assets and liabilities recorded on the statement of net position are categorized based on the inputs to the valuation techniques as follows: Level 1 – Financial assets and liabilities are valued using inputs that are unadjusted quoted prices in active markets accessible at the measurement date of identical financial assets and liabilities. Level 2 – Financial assets and liabilities are valued based on quoted prices for similar assets or inputs that are observable, either directly or indirectly, for substantially the full term through corroboration with observable market data. Level 3 – Financial assets and liabilities are valued using pricing inputs which are unobservable for the asset, inputs that reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset. Investment Type Level 1 Level 2 Level 3 Total U.S. treasury securities 4,965,090$ -$ -$ 4,965,090$ U.S. government securities - 87,951,469 - 87,951,469 Certificates of deposit - 11,238,823 - 11,238,823 Municipal bonds - 34,070,352 - 34,070,352 Total 4,965,090$ 133,260,644$ -$ 138,225,734 Investments measured at amortized cost 24,446,126 Total 162,671,860$ Page 410 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (66) NOTE 3 CAPITAL ASSETS A summary of changes in governmental capital assets during the year ended December 31, 2023 are as follows: Beginning Ending Balance Additions Deletions Balance Governmental Activities: Capital Assets, Not Being Depreciated: Land 35,872,515$ 1,560,098$ -$ 37,432,613$ Historical treasures 128,000 - - 128,000 Construction in progress 6,061,392 9,929,554 (4,146,545) 11,844,401 Total Capital Assets, Not Being Depreciated 42,061,907 11,489,652 (4,146,545) 49,405,014 Capital Assets, Being Depreciated: Building and improvements 62,686,756 8,100,334 (786,427) 70,000,663 Machinery and equipment 28,303,066 3,456,612 (1,804,207) 29,955,471 Other improvements 17,041,333 4,471,182 (53,999) 21,458,516 Infrastructure Streets 224,730,598 10,750,829 (4,817,738) 230,663,689 Storm Sewer 126,708,909 9,551,380 (657,107) 135,603,182 Parks 39,145,098 5,177,525 (151,274) 44,171,349 Total Capital Assets, Being Depreciated 498,615,760 41,507,862 (8,270,752) 531,852,870 Accumulated Depreciation for: Buildings and improvements (21,740,261) (1,667,493) 407,971 (22,999,783) Machinery and equipment (18,300,643) (2,305,811) 1,754,399 (18,852,055) Other improvements (5,728,581) (896,101) 48,956 (6,575,726) Infrastructure Streets (99,846,988) (9,775,709) 4,307,722 (105,314,975) Storm Sewer (31,437,169) (3,499,290) 31,370 (34,905,089) Parks (18,187,378) (1,506,264) 151,274 (19,542,368) Total Accumulated Depreciation (195,241,020) (19,650,668) 6,701,692 (208,189,996) Total Capital Assets, Being Depreciated, Net 303,374,740 21,857,194 (1,569,060) 323,662,874 Governmental Activities Capital Assets, Net 345,436,647$ 33,346,846$ (5,715,605)$ 373,067,888$ Depreciation and amortization expense was charged to governmental functions as follows: Governmental Activities: General government 407,862$ Public safety 1,321,740 Public works 14,294,509 Parks and recreation 3,626,557 Total depreciation and amortization expense 19,650,668$ Page 411 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (67) NOTE 3 CAPITAL ASSETS (CONTINUED) A summary of changes in business-type capital assets during the year ended December 31, 2023 are as follows: Beginning Ending Balance Additions Deletions Balance Business-Type Activities: Capital Assets, Not Being Depreciated: Land 3,634,926$ 38,043$ -$ 3,672,969$ Construction in Progress 18,761 - (18,761) - Total Capital Assets, Not Being Depreciated 3,653,687 38,043 (18,761) 3,672,969 Capital Assets, Being Depreciated: Buildings and improvements 34,246,258 114,774 - 34,361,032 Machinery and equipment 4,228,346 61,444 (30,366) 4,259,424 Infrastructure Environmental Resources 399,007 90,637 - 489,644 Water 142,169,013 8,624,870 - 150,793,883 Sanitary Sewer 97,737,651 3,755,981 (15,268) 101,478,364 Total Capital Assets, Being Depreciated 278,780,275 12,647,706 (45,634) 291,382,347 Accumulated Depreciation for: Buildings and improvements (11,569,562) (804,428) - (12,373,990) Machinery and equipment (2,421,647) (341,885) 30,366 (2,733,166) Infrastructure Environmental Resources (24,328) (12,682) - (37,010) Water (42,810,914) (3,165,076) - (45,975,990) Sanitary Sewer (33,269,995) (2,002,682) 6,252 (35,266,425) Total Accumulated Depreciation (90,096,446) (6,326,753) 36,618 (96,386,581) Total Capital Assets, Being Depreciated, Net 188,683,829 6,320,953 (9,016) 194,995,766 Right-to-Use Assets, Not Being Depreciated: Leased buildings 3,989,676 - - 3,989,676 Less accumulated amortization (354,177) (354,176) - (708,353) Total Right-to-Use Assets, Net 3,635,499 (354,176) - 3,281,323 Business-Type Activities Capital Assets, Net 195,973,015$ 6,004,820$ (27,777)$ 201,950,058$ Depreciation and amortization expense was charged to governmental functions as follows: Business-Type Activities: Liquor fund 673,810$ Utility fund 6,007,119 Total depreciation and amortization expense, Business-Type Activities 6,680,929$ NOTE 4 LEASES The City, acting as lessor, leases land and water tower space for cellular services as well as ice arena space under long-term, non-cancelable lease agreements. The leases expire at various dates through 2056. During the year ended December 31, 2023, the City recognized $657,990 and $108,716 in lease revenue and interest revenue, respectively, pursuant to these contracts. Certain leases provide for increases in future minimum annual rental payments based on defined increases in the Consumer Price Index, subject to certain minimum increases. Page 412 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (68) NOTE 5 LONG-TERM DEBT A. Components of Long-Term Debt General Obligation Bonds The City’s general obligation bonds are supported primarily from revenues derived from property tax levies, special assessment levies, tax increment levies, state-aid street revenue, water connection revenue charges, ice arena operations, and contributions by an organization conducting lawful gaming at approved locations. These bonds are backed by the full-faith and credit of the City. Revenue Bonds The following revenue bonds are not general obligations of the City and accordingly are not backed by the full-faith and credit of the City. Business-type Activities Future revenue pledged for the payment of long-term debt related to the Utility – Water, Utility – Sewer, Utility – Street Lights, and Water Connection revenue bonds is noted in the table below. Summary of Business-type Activities Remaining Pledged Principal and Principal and Revenue Bond Issue Use of Proceeds Type Term of Pledge Interest Interest Paid Received Utility - Water Revenue Water infrastructure Utility user fees 2023 - 2034 9,686,906$ 1,246,613$ 10,251,763$ Utility - Sewer Revenue Sewer infrastructure Utility user fees 2023 - 2025 141,875 73,375 8,929,881 Utility - Street Lights Revenue Street lights infrastructure Utility user fees 2023 - 2026 156,125 53,375 1,231,278 Water Connection Revenue Water infrastructure Connection charges 2023 - 2034 6,492,800 609,200 2,736,750 Revenue Pledged Current Year Metropolitan Council Loan Agreements On February 21, 2006, the City entered into a loan agreement with the Metropolitan Council for the purpose of acquiring property for a commuter vehicle park and pool lot located within a proposed state trunk highway right-of-way. The Metropolitan Council provided a loan to the City in the amount of $1,466,300 to finance the acquisition of the property. In 2023, the City made no payments on this loan. As of December 31, 2023, the balance of the loan is $1,159,843. On January 3, 2017, the City entered into another loan agreement with the Metropolitan Council for the purpose of acquiring property within a proposed state trunk highway right-of-way. The amount of the loan was $737,171 and the City made no payments on the loan in 2023. In December of 2021, the City entered into another loan agreement with the Metropolitan Council for the purpose of acquiring property within a proposed state trunk highway right-of-way. The amount of the loan was $950,000 with subsequent additions of $51,842 in 2022 and $57,939 in 2023, for a total loan of $1,059,781. The City made no payments on the loan in 2023. No specific assets are pledged as collateral for the debt, but there are restrictions on the related properties acquired with the loan proceeds. The loans (all free of interest charge) will be discharged by the Metropolitan Council upon the conveyance of the properties to the highway authority at an undetermined future date. Page 413 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (69) NOTE 5 LONG-TERM DEBT (CONTINUED) A. Components of Long-Term Debt (Continued) Metropolitan Council Loan Agreements (Continued) If the City determined it would not use the land for the highway project and wanted to sell it, it would owe the Met Council the fair market value of the property and, once paid, the loan would be forgiven. If the City breached the contract, essentially using the land for something other than was detailed in the agreements use of funds, the City would owe the Met Council the purchase price of the property (which is equal to the loan amount), and the loan would be forgiven. Dakota County Loans Payable During 2020, the City entered into two new agreements with Dakota County, where as Dakota County delayed repayment of project costs. One agreement related to construction on 179th Street between CSAH 23 and CASH 31, with the City’s total share to date of $2,854,377 being recorded as a new loan in 2020. Additions of $27,923 were made to this loan in 2021, bringing the total balance payable to $2,882,300. This loan requires the City to pay the County for the City’s share of the project’s costs after May 1, 2023. Additions of $27,923 were made to this loan in 2023 along with payments of $2,526,000, bringing the December 31, 2023, balance to $360,748. The other 2020 agreement related to the County Road 70 expansion, with the City’s total share to date of $2,319,659 being recorded as a new loan in 2020. Additions of $4,672,203 were made to this loan in 2021, bringing the total balance payable to $6,991,862. This loan requires the City to pay the County for the City’s share of the project’s costs over three years starting with engineering and right of way acquisition after February 1, 2022, and the final payment for constructions costs is due after February 1, 2024. Payments of $656,200 were made in 2022, bringing the total balance payable as of December 31, 2022 to $6,335,662. An adjustment to the agreement in the amount of $676,542 was made in 2023, bringing the balance of the payable as of December 31, 2023, to $5,659,120. During 2021, the City entered into a third agreement with Dakota County related to 179th Street Reconstruction, with the City’s total share to date of $224,099 being recorded as a new loan in 2021. Additions in the amount of $68,018 were made to this loan in 2022 and additions in the amount of $41,346 were made to the loan in 2023, bringing the total balance payable to $333,463. This loan is not payable to the County until 2025. During 2023, the City entered into agreements for three more projects with Dakota County. The first of these agreements related to reconstruction on 185th Street between Dodd Boulevard and Highview Avenue, with the City’s total date to date of $2,982,455 as a new loan in 2023. This loan is not payable to the County until 2026. The second of these agreements related to the 185th Street and CSAH 60 reconstruction project, with the City’s total date to date of $524,000 as a new loan in 2023. This loan is not payable to the County until 2025. The third agreement related to the 210th Street and Lakeville Boulevard reconstruction project, with the City’s total date to date of $207,700 as a new loan in 2023. This loan is not payable to the County until 2026. Page 414 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (70) NOTE 5 LONG-TERM DEBT (CONTINUED) A. Components of Long-Term Debt (Continued) Dakota County Loans Payable (Continued) No assets were specifically pledged as collateral for these loans in the related agreements. There were no terms specified in the agreements with the County related to significant events of default, termination events, or subjective acceleration clauses. Lease Revenue Liquor Enterprise Refunding Bonds, Series 2017A On October 25, 2017, the City issued $2,255,000 in HRA Lease Revenue Liquor Enterprise Refunding Bonds, Series 2017A. The proceeds of this issue were deposited with the Trustee in order to call and prepay the outstanding liquor revenue bonds of 2007. In exchange for the refunding of the existing liquor revenue bonds, the liquor fund conveyed related capital assets consisting of land and building to the HRA fund. The HRA then leased the building back to the liquor fund under a financed purchase agreement, resulting in the capital assets being reported back in the liquor fund and the long-term debt being shown in the liquor fund as a financed purchase. The financed purchase terms include interest of between 2.0%-3.0% with payments totaling $2,255,000 through 2027. The capital assets being leased had a total cost of $2,522,470 and accumulated depreciation of $840,855 at December 31 2023. Per governmental accounting standards the related long-term debt is not shown in both the governmental and business-type activities, therefore the long-term liability is included in business-type activities as a financed purchase, as is noted in the table on the following page. This refunding resulted in an aggregate difference in debt service cash flows between the refunding debt and the refunded debt of $305,074 as well as an economic net present value benefit of $321,727 on the transaction. General Obligation Tax Abatement Bonds, Series 2021 A On February 16, 2021, the City issued $7,770,000 in General Obligation Tax Abatement Bonds, Series 2021 A. Proceeds of the Bonds were used to finance various energy savings improvements to the Ames Arena and Hasse Arena and to pay costs associated with issuance of the Bonds. The Bonds are valid and binding general obligations of the City and are payable from tax abatement levies. The General Obligation Tax Abatement Bonds carry interest that will vary from 1.0% to 3.0% with a final maturity of February 1, 2041. The Bonds carry a call provision on February 1, 2029. General Obligation Tax Abatement Bonds, Series 2021 B On May 18, 2021, the City issued $5,620,000 in General Obligation Tax Abatement Bonds, Series 2021 B. Proceeds of the Bonds were used to finance the construction of a municipal liquor store and to pay costs associated with issuance of the Bonds. The Bonds are valid and binding general obligations of the City and are payable from tax abatement levies and net revenues of the City's Liquor Fund. The General Obligation Tax Abatement Bonds carry interest that will vary from 2.0% to 4.0% with a final maturity of February 1, 2042. The Bonds carry a call provision on February 1, 2029. Page 415 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (71) NOTE 5 LONG-TERM DEBT (CONTINUED) A. Components of Long-Term Debt (Continued) General Obligation Bonds, Series 2021 C On August 17, 2021, the City issued $6,915,000 in General Obligation Bonds, Series 2021 C. This included $5,650,000 in General Obligation Improvement Bonds and $1,265,000 in General Obligation Water Revenue Bonds. The proceeds of this issue will be used for street reconstruction and improvement projects. The General Obligation Improvement Bonds carry interest that will vary from 2.0% to 4.0% with a final maturity of February 1, 2032. The debt service of these bonds will be made from special assessments and property tax levies. The General Obligation Water Revenue Bonds also carry an interest rate that will vary from 2.0% to 4.0% with a final maturity of February 1, 2032. The debt service of these bonds will be made from water utility revenues. The General Obligation Improvement Bonds and General Obligation Water Revenue Bonds carry a call provision on February 1, 2029. General Obligation Refunding Bonds, Series 2022A The General Obligation Refunding Bonds, Series 2022A, were issued in the amount of $13,240,000, dated January 6, 2022, pursuant to Minnesota Statutes, Sections 475.521 and 475.58, Subdivision 3b and Chapters 429 and 475, as amended. Proceeds of the Bonds will be used to current refund the February 1, 2023 through February 1, 2033 maturities, totaling $1,860,000 in principal, of the City's General Obligation Improvement Bonds, Series 2012A on February 1, 2022; to current refund the February 1, 2023 through February 1, 2030 maturities, totaling $11,990,000 in principal, of the City's General Obligation Refunding Bonds, Series 2012B on February 1, 2022; to current refund the February 1, 2023 through February 1, 2034 maturities, totaling $1,800,000 in principal, of the City's General Obligation Improvement Bonds, Series 2013A on February 1, 2022; and to pay costs associated with issuance of the Bonds. The Bonds are general obligations of the City and are payable from special assessments levied against benefitted properties and ad valorem taxes. This refunding resulted in an aggregate difference in debt service cash flows between the refunding debt and the refunded debt of $2,251,071 as well as an economic net present value benefit of $1,423,255 on the transaction. Taxable General Obligation Bonds, Series 2022 B The Taxable General Obligation Bonds, Series 2022B were issued in the amount of $9,570,000, dated April 5, 2022, pursuant to Minnesota Statutes, Sections 469.1812 through 469.1815 and Chapter 475, as amended, and a voter referendum held on November 2, 2021, which passed by a vote of 7,346 (yes) to 4,681 (no). Proceeds of the Bonds will be used to full net advance refund the February 1, 2023 through February 1, 2032 maturities, totaling $4,920,000 in principal, of the Housing and Redevelopment Authority of the City of Lakeville, Minnesota Lease Revenue Refunding Bonds (Ice Arena Project), Series 2016A; to finance the construction of an outdoor refrigerated covered ice rink at Hasse Arena; and to pay costs associated with issuance of the Bonds. The bonds are general obligations of the City and are payable from an abatement levy and ad valorem taxes. This refunding resulted in an aggregate difference in debt service cash flows between the refunding debt and the refunded debt of $634,677 as well as an economic net present value benefit of $171,723 on the transaction. Page 416 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (72) NOTE 5 LONG-TERM DEBT (CONTINUED) A. Components of Long-Term Debt (Continued) General Obligation Bonds, Series 2022C On July 18, 2022, the City issued the General Obligation Bonds, Series 2022C were being issued by the City pursuant to Minnesota Statutes, Chapters 429 and 475, as amended, and a voter referendum held on November 2, 2021, which passed by a vote of 7,346 (yes) to 4,681 (no). Proceeds of the Bonds will be used to finance the City's 2022 street improvements, various park improvements, and to pay costs associated with issuance of the Bonds. The Bonds are valid and binding general obligations of the City and are payable from special assessments levied against benefitted properties and ad valorem taxes. The full faith and credit of the City is also pledged to their payment. The Bonds maturing on February 1, 2031 and thereafter are subject to redemption, in whole or in part, on February 1, 2030 and on any date thereafter at a price of par plus accrued interest. Principal due with respect to the Bonds is payable annually on February 1, commencing February 1, 2024. Interest due with respect to the Bonds is payable semiannually on February 1 and August 1, commencing August 1, 2023. General Obligation Bonds, Series 2023A The General Obligation Bonds, Series 2023A were issued on July 20, 2023 in the amount of $9,220,000, pursuant to Minnesota Statutes, Chapter 475 and Section 475.58, Subdivision 3b and a voter referendum held of November 2, 2021, which passed by a vote of 7,346 (yes) to 4,681 (no). Proceeds of the Bonds were used to finance the City’s 2023 street reconstruction projects and various park improvements and to pay costs associated with issuance of the Bonds. The Bonds are valid and binding general obligations of the City and are payable from ad valorem taxes. The full faith and credit of the City is also pledged to their payment. The Bonds maturing on February 1, 2032 and thereafter are subject to redemption, in whole or in part, on February 1, 2031 and on any date thereafter at a price of par plus accrued interest. Principal due with respect to the Bonds is payable annually on February 1, commencing February 1, 2025. Interest due with respect to the Bonds is payable semiannually on February 1 and August 1, commencing February 1, 2024. Leases Payable The City also leases liquor store space, as a lessee, as well as certain operating under long-term, non-cancelable lease agreements. The Heritage Liquor Store lease (located in Heritage Shopping Center) consists of 8,859 square feet of space and expires on June 30, 2027. This lease was discounted at a rate of 0.636%. The Kenrick Liquor Store lease (located off Kenrick Avenue) consists of 9,705 square feet of space and expires on April 30, 2038. This lease was discounted at a rate of 1.24%. The City also has an internal lease between the HRA and the Liquor fund for space that was funding by the 2017A lease revenue liquor enterprise refunding bonds. Page 417 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (73) NOTE 5 LONG-TERM DEBT (CONTINUED) A. Components of Long-Term Debt (Continued) The City had the following long-term liabilities outstanding at December 31, 2023: Description Maturities Interest Rates Amount PRIMARY GOVERNMENT Governmental Activities: General Obligation Bonds Payable: General obligation bonds 2026 - 2044 1.75% - 5.00% 53,025,000$ G.O. improvement bonds 2029 - 2038 1.50% - 5.00% 57,630,000 State-aid street revenue bonds 2036 1.25% - 5.00%3,470,000 G.O. water revenue bonds 2034 2.00% - 5.00%5,590,000 Tax abatement Bonds 2031 - 2042 1.00% - 5.00% 17,310,000 Total General Obligation Bonds 137,025,000 Business-Type Activities: Revenue Bonds Water revenue bonds 2028 - 2034 1.50% - 5.00%8,380,000 Sewer revenue bonds 2025 1.50% - 5.00%135,000 Street light revenue bonds 2026 5.00%145,000 Total Revenue Bonds 8,660,000 Financed purchase arrangements 2027 2.00% - 3.00%1,075,000 Lease liability 2024- 2038 1.16% - 3.00%3,374,280 Total Business-Type Activities 13,109,280 Total long-term bonded debt outstanding 150,134,280$ The City is in compliance with all significant bond covenants. Annual bond debt service requirements to maturity for long-term bond obligations are as follows: Year Ending December 31, Principal Interest Principal Interest Total 2024 11,505,000$ 4,936,874$ 1,075,000$ 312,763$ 17,829,637$ 2025 12,910,000 4,399,451 1,130,000 258,788 18,698,239 2026 12,725,000 3,850,764 1,105,000 208,588 17,889,352 2027 12,005,000 3,345,877 950,000 168,588 16,469,465 2028 12,410,000 2,874,723 980,000 133,538 16,398,261 2029-2033 48,665,000 8,189,563 3,170,000 238,740 60,263,303 2034-2038 16,260,000 2,793,075 250,000 3,906 19,306,981 2039-2043 10,235,000 885,880 - - 11,120,880 2044 310,000 6,200 - - 316,200 Total 137,025,000$ 31,282,407$ 8,660,000$ 1,324,911$ 177,976,118$ Governmental Business-Type Page 418 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (74) NOTE 5 LONG-TERM DEBT (CONTINUED) A. Components of Long-Term Debt (Continued) Annual bond debt service requirements to maturity for financed purchases payable and the liquor lease liability are as follows: Year Ending December 31, Principal Interest 2024 260,000$ 28,350$ 2025 265,000 20,475 2026 270,000 12,450 2027 280,000 4,200 Total 1,075,000$ 65,475$ Liquor Financed Purchase Year Ending December 31, Principal Interest 2024 327,201$ 36,828$ 2025 335,306 33,728 2026 343,608 30,564 2027 259,588 27,457 2028 181,353 25,137 2029-2033 974,910 90,343 2034-2038 952,314 26,306 Total 3,374,280$ 270,363$ Liquor Lease Liability Accrued Compensated Absences Governmental Activities The governmental funds accumulated liability for accrued PTO, comp pay, vacation, and vested sick pay (including applicable salary-related payments) as of December 31, 2023 is $3,787,849. This amount is included in the noncurrent liabilities of the government-wide statement of net position. In the event of employee separation from the City, the related compensated leave internal service fund, general fund, and the responsible special revenue fund will pay the accumulated severance portion. Business-Type Activities The accumulated liability for accrued PTO, vacation, and vested sick pay for proprietary enterprise funds (including applicable salary-related payments) as of December 31, 2023 is $563,834. In the event of employee separation from the City, the responsible enterprise fund will pay the accumulated severance portion. These amounts are recorded as a liability and as an expense when earned in the responsible funds. Page 419 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (75) NOTE 5 LONG-TERM DEBT (CONTINUED) A. Components of Long-Term Debt (Continued) Unamortized Bond Premium and Discount Unamortized bond premium and bond discount included within noncurrent liabilities are as follows: Governmental Business-Type Unamortized bond premium 9,037,183$ 726,085$ B. Changes in Long-Term Debt Long-term liability activity for the year ended December 31, 2023 was as follows: Beginning End of Due Within PRIMARY GOVERNMENT of Year Additions Deletions Year One Year Governmental Activities General obligation bonds 46,865,000$ 9,220,000$ (3,060,000)$ 53,025,000$ 3,525,000$ Other bonds 91,575,000 - (7,575,000) 84,000,000 7,980,000 Total bonds 138,440,000 9,220,000 (10,635,000) 137,025,000 11,505,000 Direct Borrowing - County note payable 9,510,078 3,083,398 (2,526,000) 10,067,476 - Direct Borrowing - Metropolitan Council loans 2,898,856 57,939 - 2,956,795 - Total long-term debt 150,848,934 12,361,337 (13,161,000) 150,049,271 11,505,000 Accrued compensated absences 3,629,314 2,178,286 (2,019,751) 3,787,849 2,130,916 Unamortized bond premium/discount 10,094,254 779,235 (1,836,306) 9,037,183 - Total Governmental Activities 164,572,502 15,318,858 (17,017,057) 162,874,303 13,635,916 Business-Type Activities: Utility - water revenue bonds 9,280,000 - (900,000) 8,380,000 965,000 Utility - sewer revenue bonds 200,000 - (65,000) 135,000 65,000 Utility - street light revenue bonds 190,000 - (45,000) 145,000 45,000 Liquor - lease liability 3,689,281 - (315,001) 3,374,280 327,201 Financed purchase arrangements 1,325,000 - (250,000) 1,075,000 260,000 Accrued compensated absences 501,459 337,010 (274,635) 563,834 281,725 Unamortized Bond Premiums 935,601 - (209,516) 726,085 - Total Business-Type Activities 16,121,341 337,010 (2,059,152) 14,399,199 1,943,926 Total Primary Government 180,693,843$ 15,655,868$ (19,076,209)$ 177,273,502$ 15,579,842$ The general fund is used to generally liquidate compensated absences, net pension liability, and total OPEB liability in governmental activities. Page 420 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (76) NOTE 6 NET INVESTMENT IN CAPITAL ASSETS Net investment in capital assets as of December 31, 2023 is calculated as follows: Governmental Business-type Total Capital assets, net of depreciation 373,067,888$ 201,950,058$ 575,017,946$ Less applicable: Bonds payable (106,730,000) (8,515,000) (115,245,000) Lease liability and financed purchase payable - (4,449,280) (4,449,280) Loan payable (2,956,795) - (2,956,795) Note payable (10,067,476) - (10,067,476) Unamortized bond premium / discount (net)(8,775,337) (726,085) (9,501,422) Unamortized deferred gain on refunding (1,007,443) - (1,007,443) Unspent bond proceeds 1,037,763 - 1,037,763 Contracts Payable (3,589,992) - (3,589,992) Net Investment in capital assets 240,978,608$ 188,259,693$ 429,238,301$ The City has $30,440,000 in bonds and $261,846 in unamortized bond premiums that are not included in the calculation above as they are not capital in nature. NOTE 7 RESTRICTED NET POSITION The government-wide statement of net position reports restricted amounts in the net position section. These amounts represent net position that has imposed restrictions placed on it by parties outside the City government. Net position restricted for debt service represents assets pledged by bond covenant to the repayment of City bond obligations. The government-wide restricted net position is as follows: Governmental Business-type Activities Activities Total Restricted Net Position Special purposes 302,251$ -$ 302,251$ Debt service 38,035,240 - 38,035,240 Capital acquisition 26,983,646 - 26,983,646 Public safety 3,156,649 - 3,156,649 Opioid remediation activities 574,912 - 574,912 Fire relief pensions 4,171,660 - 4,171,660 Total restricted net position 73,224,358$ -$ 73,224,358$ Page 421 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (77) NOTE 8 CONSTRUCTION COMMITMENTS The City has outstanding construction and build projects as of December 31, 2023. These projects include street reconstruction projects, equipment purchases, land purchases and other water and sanitary sewer projects. The City’s commitments with contractors and other governmental entities are shown as follows: Projects Remaining Governmental Activities Spent-to-Date Commitment ERP Implementation Project 357,967$ 727,908$ 215th St Extension, CP22-24 Airlake improvements 2,432,693 2,518,056 2023 Street reconstruction projects 3,942,056 57,421 2022 Street reconstruction projects 6,410,920 360,788 2023 pavement management projects 1,091,448 326,410 Police equipment (Axon)- 34,119 Casperson park irrigation 69,689 14,162 Trail Lighting - 202,500 Aronson Park projects 116,445 54,335 Voyageur Farms pedestrian bridge - 62,300 Knob Hill Park 670,368 103,416 Casperson park trails CP23-18 315,141 27,381 Foxborough Park playground replacement 62,550 28,450 Antlers Park project 9,650,910 797,234 Ritter Farm Park Environmental Learning Center cabin 695,159 54,682 Trail gaps project CP23-06 2,124,446 383,771 179th St project 23-04 - 3,775,074 North Creek stormwater management CP23-59 349,562 31,310 210th St project 22-03 10,687,413 263,895 City Hall renovations 88,808 434,907 CMF Commodities Bunkers 634,253 18,255 Hasse Arena covered ice rink (construction)6,070,449 885,485 New watermain infrastructure/improvements 157,521 14,630 Other/miscellaneous projects 104,526 118,181 Total governmental 46,032,323$ 11,294,669$ Projects Remaining Business-Type Activities Spent-to-Date Commitment 2023 well rehabilitation projects 63,670$ 198,725$ Lift station #9 rehabilitation 18,761 6,970 Water meters - ordered but not received - 106,560 Stormwater and lake restoration/improvement projects 433,575 92,391 Total business-type 516,006$ 404,646$ Page 422 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (78) NOTE 9 FUND BALANCES A summary of the City’s governmental fund balance classifications at December 31, 2023 is as follows: Debt Service Capital Projects General Fund Fund Fund Nonmajor Total Nonspendable Inventory 254,033$ -$ -$ -$ 254,033$ Prepaid Items 25,535 - - - 25,535 Total nonspendable 279,568 - - - 279,568 Restricted for: Debt Service - 22,191,294 - - 22,191,294 Arenas capital improvements - - 135,358 - 135,358 Public improvements - - 5,731,057 - 5,731,057 Street construction - - 9,871,448 - 9,871,448 Public safety aid 1,850,000 - 1,306,649 - 3,156,649 Park development - - 6,518,163 - 6,518,163 Tax increment - - 232,525 - 232,525 Parks bond referendum - - 5,052,739 - 5,052,739 Opioid remediation activities - - - 140,019 140,019 Public communications - - - 154,190 154,190 Special Service District - - - 12,703 12,703 Total Restricted 1,850,000 22,191,294 28,847,939 306,912 53,196,145 Committed for: Public improvements - - 3,143,763 - 3,143,763 Public buildings - - 1,281,444 - 1,281,444 Pavement management - - 1,091,618 - 1,091,618 Storm water infrastructure - - 7,379,651 - 7,379,651 Water trunk system - - 15,081,783 - 15,081,783 Sanitary sewer trunk system - - 13,245,203 - 13,245,203 Trail improvement - - 695,677 - 695,677 Park improvement - - 553,870 - 553,870 Capital acquisitions - - 4,287,037 - 4,287,037 Technology equipment - - 408,084 - 408,084 Public communications - - - 1,230,797 1,230,797 Arenas improvement projects - - 115,172 - 115,172 Total Committed - - 47,283,302 1,230,797 48,514,099 Assigned for: Subsequent year budget 1,528,414 - - - 1,528,414 Unassigned (Deficit)18,715,015 - (30,377) - 18,684,638 Total 22,372,997$ 22,191,294$ 76,100,864$ 1,537,709$ 122,202,864$ Page 423 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (79) NOTE 10 CONTRIBUTED CAPITAL The ownership of local streets, storm water, parks, water, and sanitary sewer infrastructure capital assets that are constructed and completed during the year by private land developers becomes contributed property of the City. Storm sewer, water, and sanitary sewer infrastructure assets constructed within Dakota County and state of Minnesota right- of-way boundaries also become City capital assets since they are serviced and maintained by the City. Roads and highways constructed within Dakota County and state of Minnesota right-of-way boundaries are excluded from City capital assets. The City assumed ownership of the following governmental and business-type capital assets contributed from private land developers during the current fiscal year as follows: Enterprise From Private Land Developers Governmental Utility Fund Infrastructure: Streets 3,757,145$ -$ Storm sewer 5,516,170 - Parks 597,392 - Water - 2,803,872 Sanitary sewer - 2,936,006 Total 9,870,707$ 5,739,878$ The ownership of water and sanitary sewer infrastructure assets that are constructed and completed during the year by City governmental activities (through various funding sources at cost) becomes contributed property of the City’s enterprise utility fund. The ownership of liquor store assets that are constructed and completed during the year by City governmental activities (through various funding sources at cost) becomes contributed property of the City’s liquor fund. The City’s enterprise utility fund and liquor fund assumed ownership of the following capital assets contributed during the current fiscal year as follows: Enterprise From Governmental Activities Utility Fund Infrastructure: Water 4,267,283$ Sanitary sewer 775,431 Total 5,042,714$ Page 424 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (80) NOTE 11 STEWARDSHIP AND ACCOUNTABILITY Although total fund balance was positive, the capital projects fund has a deficit unassigned fund balance of $30,377 as of December 31, 2023 for an internally tracked project, as a result of paying for capital expenditures for projects for which no debt has been issued yet. It is anticipated that the deficit will be financed by future bond proceeds, intergovernmental revenues, special assessments, and transfers from other funds. NOTE 12 INTERFUND TRANSFERS The City provides financing for a variety of operations and capital projects utilizing resources from certain funds; interfund transfers used for these various activities during the current fiscal year are as follows: General Debt Service Capital Projects Transfers From:Fund Fund Fund Liquor Total General fund -$ 225,000$ 2,128,880$ -$ 2,353,880$ Debt service fund - - 79,443 2,354,946 2,434,389 Capital projects fund 100,000 1,681,870 - - 1,781,870 Nonmajor govntl. funds - - 6,400 - 6,400 Total 100,000 1,906,870 2,214,723 2,354,946 6,576,539 Enterprise - liquor 30,000 748,883 2,899,846 - 3,678,729 Enterprise - utility 342,170 519,319 67,500 - 928,989 Total 472,170$ 3,175,072$ 5,182,069$ 2,354,946$ 11,184,257$ (1)(2)(3), (4), (5)(6) Transfers To: Enterprise The following are explanations to interfund transfers sub-notes 1 through 6. Abbreviation key: (SR) special revenue fund, (DS) debt service fund, (CP) capital projects fund, (Ent) enterprise fund. Page 425 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (81) NOTE 13 INTERFUND TRANSFERS (CONTINUED) (1) The transfers to the general fund were provided mainly to move the Forestry department to the General fund and as overhead and maintenance costs from the following funds: Fund Amount Liquor (Ent)30,000$ Contribution to Pan-o-Prog Fireworks Utility (Ent)342,170 One-time transfer to move Forestry department to General Fund Capital Projects Fund 100,000 To move unused tax levy on street projects to General Fund Total 472,170$ Description (2) The transfers to the debt service fund were provided by the following funds mainly to transfer back excess bond proceeds and related to the City improvements projects whereby user fees are pledged towards the improvement bonds debt service requirements. Fund Amount Improvement Construction (CP)1,009,315$ Arenas Capital Projects (CP)62,875 Water Trunk Fund (CP)609,680 Water revenue (DS) for debt service requirements Utility (Ent)519,319 Liquor (Ent)400,000 Liquor (Ent)348,883 General Fund 225,000 One-time transfer from the General Fund to the police station bond fund Total 3,175,072$ Description Reimbursement to 2020A tax abatement bonds (DSF) for payments received from associations/donations Transfer to the DS GO bonds provided by the enterprise liquor fund related to the Keokuk Liquor Store construction. Excess bond proceeds on street projects moved back to respective DSF Total transfer to the DS GO improvement bonds provided by the enterprise utility fund related to the City improvement projects whereby user fees are pledged towards the improvement bonds debt service requirements. Total transfer to the DS GO bonds provided by the enterprise liquor fund related to the City improvement projects whereby user fees are pledged towards the improvement bonds debt service requirements (police station) (3) The total transfers to the capital projects fund from other governmental funds were provided to finance various construction projects as follows: From:Amount General Fund 400,000$ Building Fund (CP) for future building-related costs General Fund 1,028,880 Equipment Fund (CP) for future equipment purchases General Fund 450,000 Technology Fund (CP) for future technology purchases/costs and ERP project General Fund 250,000 Trail Improvement (CP) for future park improvements identified in CIP Southfork TIF Fund (DS)79,443 Property demo/clean-up-related costs Communications Fund (SR)6,400 Technology Fund (CP) for future technology-equipment purchases Total 2,214,723$ Description Page 426 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (82) NOTE 13 INTERFUND TRANSFERS (CONTINUED) (4) The total transfer to the capital projects fund was provided by the liquor enterprise fund to finance various construction projects: From:Amount Liquor (Ent)44,900$ Liquor (Ent)1,218,246 Liquor (Ent)1,636,700 Total 2,899,846$ Description Building Fund (CP) for future building-related costs Building Fund (CP) for future building-related costs Technology Fund (CP) for future technology-equipment purchases (5) The total transfer to the capital projects fund was provided by the utility enterprise fund to finance various construction projects: From:Amount Environmental Resources Fund (EF)6,800$ Technology Fund (CP) for future technology-equipment purchases Environmental Resources Fund (EF)40,500 Equipment Fund (CP) for future equipment purchases Water Operating Fund (EF)10,100 Technology Fund (CP) for future technology-equipment purchases Sanitary Sewer Operating Fund (EF)10,100 Technology Fund (CP) for future technology-equipment purchases Total 67,500$ Description (6) The total transfer to the liquor enterprise fund was provided by the debt service fund to finance land acquisition in the TIF project area: From:Amount Tax Increment Financing (DS)2,354,946$ Liquor Fund for land acquisition in TIF project area Description NOTE 14 JOINT POWERS DEBT COMMITMENT On August 25, 2005, the City of Lakeville entered into a joint powers agreement with the Cities of Apple Valley, Burnsville, Eagan, Farmington, Hastings, Inver Grove Heights, Mendota Heights, Rosemount, South St. Paul, West St. Paul, Minnesota, and Dakota County Minnesota, to establish the Dakota 911 (D911), a Minnesota nonprofit corporation. The purpose of the D911 is to engage in the operation and maintenance of a countywide public safety answering point and communications center for law enforcement, fire, emergency medical services, and other public safety services for the mutual benefit of residents residing in the above mentioned cities and county (members). Pursuant to the joint powers agreement, members are required to provide the D911 their pro rata share of cost of operations and maintenance, and capital projects. Information regarding the Dakota 911 can be obtained at the website https://dakota911mn.gov/ or by contacting Julie Stahl at the City of Lakeville, 20195 Holyoke Avenue, Lakeville, Minnesota 55044. Telephone 952-985-4481 or email address jstahl@lakevillemn.gov. Page 427 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (83) NOTE 15 OTHER POSTEMPLOYMENT BENEFITS (OPEB) A. Plan Description The City provides postemployment insurance benefits to certain eligible employees through the City’s Other Postemployment Benefits Plan, a single-employer defined benefit plan administered by the City. All postemployment benefits are based on contractual agreements with employee groups. These contractual agreements do not include any specific contribution or funding requirements. These benefits are summarized as follows: Postemployment Insurance Benefits – All retirees of the City have the option under state law to continue their medical insurance coverage through the City from the time of retirement until the employee reaches the age of eligibility for Medicare. For members of all employee groups, the retiree must pay the full premium to continue coverage for medical and dental insurance. The City is legally required to include any retirees for whom it provides health insurance coverage in the same insurance pool as its active employees, whether the premiums are paid by the City or the retiree. Consequently, participating retirees are considered to receive a secondary benefit known as an “implicit rate subsidy.” This benefit relates to the assumption that the retiree is receiving a more favorable premium rate than they would otherwise be able to obtain if purchasing insurance on their own, due to being included in the same pool with the City’s younger and statistically healthier active employees. Employees Covered by Benefit Terms – At December 31, 2023, the following employees were covered by the benefit terms: Inactive Plan Members or Beneficiaries Currently Receiving Benefit Payments 5 Inactive Plan Members Entitled to but not yet Receiving Benefit Payments - Active Plan Members 229 Total 234 B. Contributions and Funding Policy The required contribution is based on projected pay-as-you-go financing requirements, with additional amounts to pre-fund benefits as determined annually by the City. The City contributes a portion of the cost of current year premiums for eligible retired plan members and their spouses as well as the implicit rate subsidy described above. For fiscal year 2023, the City contributed $20,016 in subsidized payments and implicit payments of $27,786 to the plan. As of December 31, 2023, there were five retirees receiving health benefits from the City’s health plans. The City holds no assets in trust related to this plan. Page 428 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (84) NOTE 15 OTHER POSTEMPLOYMENT BENEFITS (OPEB) (CONTINUED) C. Total OPEB Liability The City’s Total OPEB liability was measured as of January 1, 2023 and was determined by an actuarial valuation as of January 1, 2023. Actuarial Assumptions The total OPEB liability in the January 1, 2023 actuarial valuation was determined using the following actuarial assumptions, applied to all periods included in the measurement, unless otherwise specified: Valuation date: Measurement date: Methods and assumptions used to determine the contribution rates: Actuarial cost method Entry age Amortization method Level percentage of payroll, closed Amortization period Average of expected remaining service on a closed basis for differences between expected and actual experience and assumption changes. Inflation 3.00% Healthcare cost trend rate 6.25% for 2023, decreasing to 5.00% over five years Salary increases 3.00% Discount rate 4.31% (20-year municipal bond yield) Mortality RP-2014 White Collar Mortality Tables with MP-2021 Generational Improvement Scale (with Blue Collar adjustment for Police and Fire Personnel) January 1, 2023 January 1, 2023 Discount Rate The City’s OPEB plan is not funded by a trust, and therefore, the City’s uses the 20-year municipal bond index rate to develop its long-term rate of return and discount rate. This rate was 4.31% in the current actuarial valuation, which was updated from the 2.25% used in the prior measurement date. Page 429 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (85) NOTE 15 OTHER POSTEMPLOYMENT BENEFITS (OPEB) (CONTINUED) D. Changes in the Total OPEB Liability The details of the changes in the City’s total OPEB liability were as follows for 2023: Increase (Decrease) Total OPEB Liability (a) Balances at 12/31/22 1,102,835$ Changes for the Year: Service Cost 77,941 Interest 26,086 Differences Between Expected and Actual Experience 69,035 Contributions - Employer - Benefit Payments (43,080) Changes in Assumptions (157,857) Net Changes (27,875) Balances at 12/31/23 1,074,960$ The following changes in assumptions and plan provisions occurred between the current and prior actuarial valuations: • The discount rate used is the 20-year municipal bond index, as the plan is not funded. This assumed rate increased from 2.25% to 4.31%. • Improvement Scale MP-2021 was applied to mortality tables. • Medical trend was reset at 6.25% in 2023, decreasing .25% each year, down to 5.00% in 2028 and onwards. • There have been no changes in plan provisions since the prior valuation. Page 430 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (86) NOTE 15 OTHER POSTEMPLOYMENT BENEFITS (OPEB) (CONTINUED) E. Sensitivity of Total OPEB Liability Sensitivity of the total OPEB liability to changes in the discount rate and healthcare cost trend rates. The following presents the total OPEB liability of the City, as well as what the City's net OPEB liability would be if it were calculated using a discount rate that is one percentage point lower (3.31%) or one percentage point higher (5.31%) than the current discount rate: 1% Decrease Discount Rate 1% Increase (3.31)%(4.31)%(5.31)% Total OPEB Liability (Asset)1,160,787$ 1,074,960$ 994,593$ Sensitivity of the net OPEB liability to changes in the healthcare cost trend rates. The following presents the net OPEB liability of the City, as well as what the City's net OPEB liability would be if it were calculated using healthcare cost trend rates that are one percentage point lower (5.25% decreasing to 4.00%) or one percentage point higher (7.25% decreasing to 6.00%) than the current healthcare cost trend rates: Healthcare Cost 1% Decrease Trend Rates 1% Increase (5.25%(6.25%(7.25% Decreasing Decreasing Decreasing to 4.00%) to 5.00%) to 6.00%) Total OPEB liability (asset)947,981$ 1,074,960$ 1,226,314$ F. OPEB Expense and Deferred Outflows of Resources and Deferred Inflows of Resources Related to OPEB For the year ended December 31, 2023, the City recognized OPEB expense of $67,594. At December 31, 2023, the City reported deferred outflows of resources and deferred inflows of resources related to OPEB from the following sources: Deferred Deferred Outflows of Inflows of Resources Resources Differences Between Expected and Actual Experience 181,126$ 408,020$ Changes of Assumptions 95,548 164,506 Contributions After Measurement Date and Before the Reporting Date 47,802 - Total 324,476$ 572,526$ Page 431 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (87) NOTE 15 OTHER POSTEMPLOYMENT BENEFITS (OPEB) (CONTINUED) F. OPEB Expense and Deferred Outflows of Resources and Deferred Inflows of Resources Related to OPEB (Continued) A total of $47,802 reported as deferred outflows of resources related to OPEB resulting from City contributions subsequent to the measurement date will be recognized as a reduction of the total OPEB liability in the year ended December 31, 2024. Other amounts reported as deferred outflows and inflows of resources related to postemployment benefits will be recognized in OPEB expense as follows: Year Ending December 31,Amount 2024 (36,432)$ 2025 (36,432) 2026 (36,432) 2027 (36,432) 2028 (36,432) Thereafter (113,692) NOTE 16 RISK FINANCING AND RELATED INSURANCE ISSUES The City is exposed to various risks of loss related to torts; theft of, damage to, and destruction of assets; errors and omissions; injuries to employees; and natural disasters. The City purchased the following insurance coverage through the League of Minnesota Cities Insurance Trust (LMCIT), a public entity risk pool currently operating as a common risk management and insurance program for Minnesota cities: general liability, excess liability, workers compensation, property, automobile, marine, crime, employee dishonesty, boiler, petro fund, and open meeting law. The City pays an annual premium to the LMCIT for its insurance coverage. The LMCIT is self-sustaining through member premiums and will reinsure through commercial companies for claims in excess of reserved amounts for each insured event. The LMCIT allows for the pool to make additional assessments to make the pool self-sustaining. Current state statutes (Minnesota Statutes Subd. 466.04) provide limits of liability for the City. There were no significant reductions in insurance from the previous year or settlements in excess of insurance coverage for any of the past three fiscal years. Page 432 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (88) NOTE 17 DEFINED BENEFIT PENSION PLANS – STATE-WIDE A. Plan Description The City of Lakeville participates in the following cost-sharing multiple-employer defined benefit pension plans administered by the Public Employees Retirement Association of Minnesota (PERA). PERA’s defined-benefit pension plans are established and administered in accordance with Minnesota Statutes, Chapters 353 and 356. PERA’s defined-benefit pension plans are tax-qualified plans under Section 401(a) of the Internal Revenue Code. 1. General Employees Retirement Plan (GERF) All full-time and certain part-time employees of the City are covered by the General Employees Plan. General Employees Plan members belong to the Coordinated Plan. Coordinated Plan members are covered by Social Security. 2. Public Employees Police and Fire Plan (PEPFF) The Police and Fire Plan, originally established for police officers and firefighters not covered by a local relief association, now covers all police officers and firefighters hired since 1980. Effective July 1, 1999, the Police and Fire Plan also covers police officers and firefighters belonging to local relief associations that elected to merge with and transfer assets and administration to PERA. B. Benefits Provided PERA provides retirement, disability, and death benefits. Benefit provisions are established by state statute and can only be modified by the state legislature. Vested, terminated employees who are entitled to benefits, but are not receiving them yet, are bound by the provisions in effect at the time they last terminated their public service. 1. General Employees Retirement Plan Benefits General Employees Plan benefits are based on a member’s highest average salary for any five successive years of allowable service, age, and years of credit at termination of service. Two methods are used to compute benefits for PERA’s Coordinated Plan members. Members hired prior to July 1, 1989, receive the higher of Method 1 or Method 2 formulas. Only Method 2 is used for members hired after June 30, 1989. Under Method 1, the accrual rate for Coordinated members is 1.2% for each of the first 10 years of service and 1.7% for each additional year. Under Method 2, the accrual rate for Coordinated members is 1.7% for all years of service. For members hired prior to July 1, 1989 a full annuity is available when age plus years of service equal 90 and normal retirement age is 65. For members hired on or after July 1, 1989, normal retirement age is the age for unreduced Social Security benefits capped at 66. Page 433 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (89) NOTE 17 DEFINED BENEFIT PENSION PLANS – STATE-WIDE (CONTINUED) B. Benefits Provided (Continued) 1. General Employees Retirement Plan Benefits (Continued) Benefit increases are provided to benefit recipients each January. The postretirement increase is equal to 50 percent of the cost-of-living adjustment (COLA) announced by the SSA, with a minimum increase of at least 1 percent and a maximum of 1.5 percent. Recipients that have been receiving the annuity or benefit for at least a full year as of the June 30 before the effective date of the increase will receive the full increase. Recipients receiving the annuity or benefit for at least one month but less than a full year as of the June 30 before the effective date of the increase will receive a reduced prorated increase. In 2023, legislation repealed the statute delaying increases for members retiring before full retirement age. 2. Police and Fire Plan Benefits Benefits for Police and Fire Plan members first hired after June 30, 2010, but before July 1, 2014, vest on a prorated basis from 50% after five years up to 100% after 10 years of credited service. Benefits for Police and Fire Plan members first hired after June 30, 2014, vest on a prorated basis from 50% after 10 years up to 100% after 20 years of credited service. The annuity accrual rate is 3% of average salary for each year of service. For Police and Fire Plan members who were first hired prior to July 1, 1989, a full annuity is available when age plus years of service equal at least 90. Benefit increases are provided to benefit recipients each January. The postretirement increase is fixed at 1%. Recipients that have been receiving the annuity or benefit for at least 36 months as of the June 30 before the effective date of the increase will receive the full increase. Recipients receiving the annuity or benefit for at least 25 months but less than 36 months as of the June 30 before the effective date of the increase will receive a reduced prorated increase. Page 434 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (90) NOTE 17 DEFINED BENEFIT PENSION PLANS – STATE-WIDE (CONTINUED) C. Contributions Minnesota Statutes Chapter 353 sets the rates for employer and employee contributions. Contribution rates can only be modified by the state legislature. 1. General Employees Fund Contributions Coordinated Plan members were required to contribute 6.50% of their annual covered salary in fiscal year 2023 and the City was required to contribute 7.50% for Coordinated Plan members. The City contributions to the General Employees Fund for the year ended December 31, 2023 were $1,152,904, which was equal to the required contribution as set by state statute. 2. Police and Fire Fund Contributions Police and Fire Plan members were required to contribute 11.80% of their annual covered salary in fiscal year 2023 and the City was required to contribute 17.70% for Police and Fire Plan members. The City’s contributions to the Police and Fire Fund for the year ended December 31, 2023 were $1,403,842. The City’s contributions were equal to the required contributions as set by state statute. D. Pension Costs 1. General Employees Fund Pension Costs At December 31, 2023, the City reported a liability of $10,786,752 for its proportionate share of the General Employees Fund’s net pension liability. The City’s net pension liability reflected a reduction due to the state of Minnesota’s contribution of $16 million. The state of Minnesota is considered a nonemployer contributing entity and the state’s contribution meets the definition of a special funding situation. The state of Minnesota’s proportionate share of the net pension liability associated with the City totaled $297,327. The net pension liability was measured as of June 30, 2023, and the total pension liability used to calculate the net pension liability was determined by an actuarial valuation as of that date. The City’s proportionate share of the net pension liability was based on the City’s contributions received by PERA during the measurement period for employer payroll paid dates from July 1, 2022 through June 30, 2023, relative to the total employer contributions received from all of PERA’s participating employers. The City’s proportionate share was 0.1929% at the end of the measurement period and 0.1821% for the beginning of the period. Page 435 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (91) NOTE 17 DEFINED BENEFIT PENSION PLANS – STATE-WIDE (CONTINUED) D. Pension Costs (Continued) 1. General Employees Fund Pension Costs (Continued) City's Proportionate Share of the Net Pension Liability 10,786,752$ State of Minnesota's Proportionate Share of the Net Pension Liability Associated with the City 297,327 Total 11,084,079$ For the year ended December 31, 2023, the City recognized pension expense of $2,065,046 for its proportionate share of the General Employees Plan’s pension expense. In addition, the City recognized $1,336 as pension expense (and grant revenue) for its proportionate share of the state of Minnesota’s contribution of $16 million to the General Employees Fund. At December 31, 2023, the City reported its proportionate share of the General Employees Plan’s deferred outflows of resources and deferred inflows of resources related to pensions from the following sources: Deferred Outflows Deferred Inflows Description of Resources of Resources Differences Between Expected and Actual Economic Experience 354,241$ 74,308$ Changes in Actuarial Assumptions 1,746,224 2,956,558 Net Difference Between Projected and Actual Earnings on Pension Plan Investments - 403,387 Changes in Proportion and Differences Between City Contributions and Proportionate Share of Contributions 751,131 - City Contributions Subsequent to the Measurement Date 575,270 - Total 3,426,866$ 3,434,253$ A total of $575,570 reported as deferred outflows of resources related to pensions resulting from City contributions subsequent to the measurement date will be recognized as a reduction of the net pension liability in the year ended December 31, 2024. Other amounts reported as deferred outflows and inflows of resources related to pensions will be recognized in pension expense as follows: Pension Expense Year Ending December 31,Amount 2024 602,383$ 2025 (1,365,988) 2026 414,949 2027 (234,001) Page 436 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (92) NOTE 17 DEFINED BENEFIT PENSION PLANS – STATE-WIDE (CONTINUED) D. Pension Costs (Continued) 2. Police and Fire Fund Pension Costs At December 31, 2023, the City reported a liability of $10,499,370 for its proportionate share of the Police and Fire Fund’s net pension liability. The net pension liability was measured as of June 30, 2023, and the total pension liability used to calculate the net pension liability was determined by an actuarial valuation as of that date. The City’s proportionate share of the net pension liability was based on the City’s contributions received by PERA during the measurement period for employer payroll paid dates from July 1, 2022 through June 30, 2023, relative to the total employer contributions received from all of PERA’s participating employers. The City’s proportionate share was 0.6080% at the end of the measurement period and 0.5996% for the beginning of the period. The state of Minnesota contributed $18 million to the Police and Fire Fund in the plan fiscal year ended June 30, 2023. The contribution consisted of $9 million in direct state aid that meets the definition of a special funding situation and $9 million in supplemental state aid that does not meet the definition of a special funding situation. The $9 million direct state was paid on October 1, 2022. Thereafter, by October 1 of each year, the state will pay $9 million to the Police and Fire Fund until full funding is reached or July 1, 2048, whichever is earlier. The $9 million in supplemental state aid will continue until the fund is 90 percent funded, or until the State Patrol Plan (administered by the Minnesota State Retirement System) is 90 percent funded, whichever occurs later. The State of Minnesota’s proportionate share of the net pension liability associated with the City totaled $422,928. City's Proportionate Share of the Net Pension Liability 10,499,370$ State of Minnesota's Proportionate Share of the Net Pension Liability Associated with the City 422,928 Total 10,922,298$ The state of Minnesota is included as a non-employer contributing entity in the Police and Fire Retirement Plan Schedule of Employer Allocations and Schedule of Pension Amounts by Employer, Current Reporting Period Only (pension allocation schedules) for the $9 million in direct state aid. Police and Fire Plan employers need to recognize their proportionate share of the state of Minnesota’s pension expense (and grant revenue) under GASB 68 special funding situation accounting and financial reporting requirements. For the year ended June 30, 2023, the City recognized pension expense of $3,241,390 for its proportionate share of the Police and Fire Plan’s pension expense. The City also recognized $25,472 as reduction of grant revenue and pension expense for its proportionate share of the state of Minnesota’s pension expense for the contribution of $9 million to the Police and Fire Fund. Page 437 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (93) NOTE 17 DEFINED BENEFIT PENSION PLANS – STATE-WIDE (CONTINUED) D. Pension Costs (Continued) 2. Police and Fire Fund Pension Costs (Continued) The state of Minnesota is not included as a non-employer contributing entity in the Police and Fire Pension Plan pension allocation schedules for the $9 million in supplemental state aid. The City recognized $54,720 for the year ended December 31, 2023 as revenue and an offsetting reduction of net pension liability for its proportionate share of the state of Minnesota’s on-behalf contributions to the Police and Fire Fund. At December 31, 2023, the City reported its proportionate share of the Police and Fire Plan’s deferred outflows of resources and deferred inflows of resources related to pensions from the following sources: Deferred Outflows Deferred Inflows Description of Resources of Resources Differences Between Expected and Actual Economic Experience 2,895,028$ -$ Changes in Actuarial Assumptions 12,183,668 14,762,238 Net Difference Between Projected and Actual Earnings on Pension Plan Investments - 504,021 Changes in Proportion and Differences Between City Contributions and Proportionate Share of Contributions 454,313 132,624 City Contributions Subsequent to the Measurement Date 743,940 - Total 16,276,949$ 15,398,883$ A total of $743,940 reported as deferred outflows of resources related to pensions resulting from City contributions subsequent to the measurement date will be recognized as a reduction of the net pension liability in the year ended December 31, 2024. Other amounts reported as deferred outflows and inflows of resources related to pensions will be recognized in pension expense as follows: Pension Expense Year Ending December 31,Amount 2024 552,586$ 2025 150,598 2026 2,654,365 2027 (639,353) 2028 (2,584,070) 3. Pension Totals The total pension expense, net pension liability, deferred inflows and deferred outflows of resources, and net pension assets for all plans in which the City participates are summarized below: GERF PEPFF Fire Relief Total Net Pension Liability 10,786,752$ 10,499,370$ N/A 21,286,122$ Deferred Inflows of Resources 3,434,253 15,398,883 749,506$ 19,582,642 Deferred Outflows of Resources 3,426,866 16,276,949 290,104 19,993,919 Pension Expense 2,066,382 3,215,918 708,423 5,990,723 Net Pension Asset N/A N/A 4,171,660 4,171,660 Page 438 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (94) NOTE 17 DEFINED BENEFIT PENSION PLANS – STATE-WIDE (CONTINUED) E. Long-term Expected Return The State Board of Investment, which manages the investments of PERA, prepares an analysis of the reasonableness on a regular basis of the long-term expected rate of return using a building-block method in which best-estimate ranges of expected future rates of return are developed for each major asset class. These ranges are combined to produce an expected long-term rate of return by weighting the expected future rates of return by the target asset allocation percentages. The target allocation and best estimates of geometric real rates of return for each major asset class are summarized in the following table: Long-Term Target Expected Real Asset Class Allocation Rate of Return Domestic Equity 33.5 %5.10 % International Equity 16.5 5.30 Fixed Income 25.0 0.75 Private Markets 25.0 5.90 Totals 100.0 % F. Actuarial Assumptions The total pension liability in the June 30, 2023, actuarial valuation was determined using an individual entry-age normal actuarial cost method. The long-term rate of return on pension plan investments used in the determination of the total liability is 7.0%. This assumption is based on a review of inflation and investments return assumptions from a number of national investment consulting firms. The review provided a range of return investment return rates deemed to be reasonable by the actuary. An investment return of 7.0% was deemed to be within that range of reasonableness for financial reporting purposes. Inflation is assumed to be 2.25% for the General Employees Plan and Police and Fire Plan. Benefit increases after retirement are assumed to be 1.25% for the General Employees Plan and 1% for the Police and Fire Plan. Salary growth assumptions in the General Employees Plan range in annual increments from 10.25% after one year of service to 3.0% after 27 years of service. In the Police and Fire Plan, salary growth assumptions range from 11.75% after one year of service to 3.0% after 24 years of service. Mortality rates for the General Employees Plan are based on the Pub-2010 General Employee Mortality Table. Mortality rates for the Police and Fire Plan are based on the Pub-2010 Public Safety Employee Mortality tables. The tables are adjusted slightly to fit PERA’s experience. Page 439 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (95) NOTE 17 DEFINED BENEFIT PENSION PLANS – STATE-WIDE (CONTINUED) F. Actuarial Assumptions (Continued) Actuarial assumptions for the General Employees Plan are reviewed every four years. The most recent four-year experience study for the General Employees Plan was completed in 2022. The assumption changes were adopted by the Board and became effective with the July 1, 2023 actuarial valuation. The most recent four-year experience study for the Police and Fire Plan was completed in 2020 was adopted by the Board and became effective with the July 1, 2021 actuarial valuation. The following changes in actuarial assumptions and plan provisions occurred in 2023: General Employees Fund Changes in Actuarial Assumptions: • The investment return assumption and single discount rate were changed from 6.5% to 7.0%. Changes in Plan Provisions: • An additional one-time direct state aid contribution of $170.1 million will be contributed to the Plan on October 1, 2023. • The vesting period of those hired after June 30, 2010, was changed from five years of allowable service to three years of allowable service. • The benefit increase delay for early retirements on or after January 1, 2024, was eliminated. • A one-time, non-compounding benefit increase of 2.5% minus the actual 2024 adjustment will be payable in a lump sum for calendar year 2024 by March 31, 2024. Police and Fire Fund Changes in Actuarial Assumptions: • The investment return assumption was changed from 6.5% to 7.0%. • The single discount rate changed from 5.4% to 7.%. Changes in Plan Provisions: • Additional one-time direct state aid contribution of 19.4 million will be contributed to the Plan on October 1, 2023. • Vesting requirement for new hires after June 30, 2014, was changed from a graded 20-year vesting schedule to a graded 10-year vesting schedule, with 50% vesting after five years, increasing incrementally to 100% after 10 years. • A one-time, non-compounding benefit increase of 3.0% will be payable in a lump sum for calendar year 2024 by March 31, 2024. • Psychological treatment is required effective July 1, 2023, prior to approval for a duty disability benefit for a psychological condition relating to the member’s occupation. • The total and permanent duty disability benefit was increased, effective July 1, 2023. Page 440 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (96) NOTE 17 DEFINED BENEFIT PENSION PLANS – STATE-WIDE (CONTINUED) G. Discount Rate The discount rate used to measure the total pension liability in 2023 was 7.0%. The projection of cash flows used to determine the discount rate assumed that contributions from plan members and employers will be made at rates set in Minnesota Statutes. Based on these assumptions, the fiduciary net position of the General Employees and Police and Fire Plans were projected to be available to make all projected future benefit payments of current plan members. Therefore, the long-term expected rate of return on pension plan investments was applied to all periods of projected benefit payments to determine the total pension liability. H. Pension Liability Sensitivity The following presents the City’s proportionate share of the net pension liability for all plans it participates in, calculated using the discount rate disclosed in the preceding paragraph, as well as what the City’s proportionate share of the net pension liability would be if it were calculated using a discount rate one percentage point lower or one percentage point higher than the current discount rate: GERF PENSION LIABILITY 1% Decrease in 1% Increase in Discount Rate Current Discount Discount Rate Description (6.00%)Rate (7.00%)(8.00%) City’s Proportionate Share of the GERF Net Pension Liability 19,082,631$ 10,786,752$ 3,963,076$ PEPFF PENSION LIABILITY 1% Decrease in 1% Increase in Discount Rate Current Discount Discount Rate Description (6.00%)Rate (7.00%)(8.00%) City’s Proportionate Share of the PEPFF Net Pension Liability 20,832,001$ 10,499,370$ 2,004,564$ I. Pension Plan Fiduciary Net Position Detailed information about each pension plan’s fiduciary net position is available in a separately-issued PERA financial report that includes financial statements and required supplementary information. That report may be obtained on the Internet at www.mnpera.org. NOTE 18 DEFINED CONTRIBUTION PLAN Council members of the City are covered by the Defined Contribution Plan, a multiple- employer deferred compensation plan administered by PERA. The Defined Contribution Plan is a tax qualified plan under Section 401(a) of the Internal Revenue Code and all contributions by or on behalf of employees are tax deferred until time of withdrawal. Plan benefits depend solely on amounts contributed to the plan plus investment earnings, less administrative expenses. Minnesota Statutes, Chapter 353D.03, specifies plan provisions, including the employee and employer contribution rates for those qualified personnel who elect to participate. An eligible elected official who decides to participate contributes 5% of salary which is matched by the elected official’s employer. Page 441 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (97) NOTE 18 DEFINED CONTRIBUTION PLAN (CONTINUED) Employees who are paid for their services may elect to make member contributions in an amount not to exceed the employer share. Employer and employee contributions are combined and used to purchase shares in one or more of the seven accounts of the Minnesota Supplemental Investment Fund. For administering the plan, PERA receives 2% of employer contributions and twenty-five hundredths of 1% of the assets in each member’s account annually. Total contributions made by the City for the current fiscal year were: Required Rate Year Ended, for Employees December 31,Employee Employer Employee Employer and Employers 2023 2,759$ 2,759$ 5%5%5% Contribution Amount Percentage of Covered Payroll NOTE 19 DEFINED BENEFIT PENSION PLANS – FIRE RELIEF ASSOCIATION A. Plan Description Volunteer firefighters of the City of Lakeville Fire Department (the Department) are members of the Lakeville Fire Relief Association (the Association), which administers a single-employer defined benefit plan established to provide benefits for its members. The plan is established and administered in accordance with Minnesota Statute, Chapters 69 and 424, as amended. The Association is governed by a board of six members elected by the members of the Association for three-year terms. One City Council member, Finance Director and Fire Chief are ex officio, nonvoting members of the Board of Trustees. As of December 31, 2023, the plan covered 84 active firefighters and 20 vested terminated firefighters whose pension benefits are deferred. The Association maintains a separate Special Fund to accumulate assets to fund the retirement benefits earned by the Department’s membership. Funding for the Association is derived from an insurance premium tax in accordance with the Volunteer Firefighter’s Relief Association Financing Guidelines Act of 1971 (Chapter 261 as amended by Chapter 509 of Minnesota Statutes 1980). Funds are also derived from investment income. Page 442 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (98) NOTE 19 DEFINED BENEFIT PENSION PLANS – FIRE RELIEF ASSOCIATION (CONTINUED) B. Benefits Provided A firefighter who completes at least 20 years as an active member of the Department is entitled, after age 50, to a full service pension upon retirement. The bylaws of the Association also provide for an early vested service pension for a retiring member who has completed fewer than 20 years of service. The reduced pension, available to members with seven years of service, shall be equal to 48% of the pension as described by the bylaws. This percentage increases 4% per year so that at 20 years of service, the full amount prescribed is paid. Members who retire with less than 20 years of service and have reached the age of 50 years and have completed at least seven years of active membership are entitled to a reduced service pension not to exceed the amount calculated by multiplying the member’s service pension for the completed years of service times the applicable nonforfeitable percentage of pension. C. Contributions Minnesota Statutes, Chapters 424 and 424A authorize pension benefits for volunteer fire relief associations. The plan is funded by fire state aid, investment earnings, and, if necessary, employer contributions as specified in Minnesota Statutes and voluntary city contributions (if applicable). The firefighters have no obligation to contribute to the plan. Nonemployer pension contributions include state aid from the state of Minnesota and municipal contributions from the City. On-behalf of the state payments from the state of Minnesota are received initially by the City and subsequently remitted to the Association. These on-behalf of the state aid payments in addition to the City’s municipal contribution payments to the Association plan are recognized as revenues and expenditures in the City’s General Fund during the period received. The City contributed state of Minnesota fire aid of $588,879 to the plan on behalf of the Department for the year ended December 31, 2023, which was recorded as revenue. Required employer contributions are calculated annually based on statutory provisions. The City’s statutorily required contributions to the plan for the year ended December 31, 2023 were $-0-. The City’s contributions were equal to the required contributions as set by state statute. The City made no voluntary contributions to the plan. D. Pension Costs At December 31, 2023, the City reported a net pension liability (asset) of ($4,171,660) for the plan. The net pension liability (asset) was measured as of December 31, 2022. The total pension liability used to calculate the net pension liability (asset) in accordance with GASB Statement No. 68 was determined by Van Iwaarden Associates, applying an actuarial formula to specific census data certified by the Department as of December 31, 2022. Page 443 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (99) NOTE 19 DEFINED BENEFIT PENSION PLANS – FIRE RELIEF ASSOCIATION (CONTINUED) D. Pension Costs (Continued) The following table presents the changes in the net pension liability (asset) during the year: Total Pension Plan Fiduciary Net Pension Liability Net Position Liability (Asset) (a)(b)(a-b) Beginning balance - January 1, 2023 9,251,371$ 11,778,284$ (2,526,913)$ Changes for the year: Service cost 489,087 - 489,087 Interest on pension liability (asset)479,407 - 479,407 Contributions (state)- 588,879 (588,879) Net investment income - 2,044,048 (2,044,048) Benefit payments (2,805,883) (2,805,883) - Administrative costs - (19,686) 19,686 Total net changes (1,837,389) (192,642) (1,644,747) Ending balance - December 31, 2023 7,413,982$ 11,585,642$ (4,171,660)$ For the year ended December 31, 2023, the City recognized pension expense of $708,423. At December 31, 2023, the City reported deferred outflows of resources, including its contributions subsequent to the measurement date, related to pension from the following sources: Deferred Outflows Deferred Inflows Description of Resources of Resources Changes in Actuarial Assumptions 175,624$ 42,857$ Difference between expected and actual experience 114,480 692,632 Net Difference Between Projected and Actual Earnings on Pension Plan Investments - 14,017 Total 290,104$ 749,506$ Amounts reported as deferred outflows and inflows of resources related to the plan will be recognized in pension expense as follows: Pension Expense Year Ending December 31,Amount 2024 (222,409)$ 2025 (15,640) 2026 219,018 2027 (383,651) 2028 (80,253) Thereafter 23,533 Page 444 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (100) NOTE 19 DEFINED BENEFIT PENSION PLANS – FIRE RELIEF ASSOCIATION (CONTINUED) E. Actuarial Assumptions The total pension liability at the December 31, 2022 valuation date was determined using the entry age normal actuarial cost method and the following actuarial assumptions: Inflation 2.50% per year Active Member Payroll Growth 2.50% per year Investment Rate of Return 5.75% 20-Year Municipal Bond Yield 4.31% Retirement eligibility at 100%service pension at age 50 with 20 years of service, early vested retirement at age 50 with seven years of service vested at 48% and increased by 4%for each additional year of service up to 20 and eligibility for deferred service pension payable at age 50 and based on the lump sum pension formula and service at date of termination reduced for less than 20 years of service. The target allocation and best estimates of arithmetic real rates of return for each major asset class are summarized in the following table: Allocation at Long-Term Long-Term Measurement Expected Real Expected Nominal Asset Class Date Rate of Return Rate of Return Domestic Equity 65.00 %4.10 %6.60 % International Equity 4.00 4.64 7.14 Fixed Income 8.00 1.05 3.55 Real Estate and Alternatives - 3.54 6.04 Cash and Equivalents 23.00 (0.45)2.05 Totals 100.00 %5.68 Reduced for Assumed Investment Expense (0.05) Net Assumed Investment Return (Rounded to 1/4%)5.75 % F. Discount Rate The discount rate used to measure the total pension liability was 5.75%. This was unchanged from the previous discount rate of 5.75%. The projection of cash flows used to determine the discount rate assumed that contributions to the plan will be made as specified in statute. Based on that assumption and considering the funding ratio of the plan, the fiduciary net position was projected to be available to make all projected future benefit payments of current active and inactive members. Therefore, the long-term expected rate of return on pension plan investments was applied to all periods of projected benefit payments to determine the total pension liability. G. Pension Liability Sensitivity The following presents the City’s net pension liability (asset) for the plan, calculated using the discount rate disclosed in the preceding paragraph, as well as what the City’s net pension liability (asset) would be if it were calculated using a discount rate 1% lower or 1% higher than the current discount rate: 1% Decrease in 1% Increase in Discount Rate Current Discount Discount Rate Description (4.75%)Rate (5.75%)(6.75%) Defined Benefit Plan (3,916,922)$ (4,171,660)$ (4,418,605)$ Page 445 of 532 CITY OF LAKEVILLE NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2023 (101) NOTE 19 DEFINED BENEFIT PENSION PLANS – FIRE RELIEF ASSOCIATION (CONTINUED) H. Pension Plan Fiduciary Net Position The Association issues a publicly available financial report. This report may be obtained by writing to the Lakeville Firefighters’ Relief Association, 20195 Holyoke Avenue, Lakeville, Minnesota, 55044 or by calling (952) 985-4480. NOTE 20 DEFERRED COMPENSATION PLAN The City offers its employees an optional deferred compensation plan created in accordance with Internal Revenue Service Code Section 457. The plan is available to all City employees, which permits them to tax defer a portion of their salary until future years. The deferred compensation is not available to employees until termination, retirement, death, or unforeseeable emergency. Under provisions of Section 72(p) of the Internal Revenue Code, a plan may permit participant loans once 457 plan assets are held in a trust. As of the current fiscal year, the City’s plan does not have a loan provision for its participants. All amounts of compensation deferred under the plan must be held in trust for the exclusive benefit of plan participants and/or beneficiaries. Investments are managed by the plan’s trustee under various investment options or a combination thereof. The choice of investment options is made by the participant. The plan is offered through the City in connection with ICMA-RC and does not meet the requirements of GASB Statement Nos. 84 and 97 for inclusion as a fiduciary activity of the City. NOTE 21 LITIGATION There are several lawsuits pending in which the City is involved. The City Attorney has indicated that existing and pending lawsuit claims and other actions in which the City is a defendant are either covered by insurance, fully reserved for by the City, or the cases are in the early stages of discovery, and accordingly, the ultimate outcome cannot presently be determined. It is the opinion of City management that in each case the possibility of material loss, net of amounts reserved is remote. NOTE 22 TAX ABATEMENT The City has five pay-as-you-go tax increment financing districts with local businesses to promote economic development within the City. The City agrees pursuant to the authority granted in the TIF Act to abate real estate taxes based on the increased property value from improvements on the owned property. The three of the five agreements call for 95% of the property tax increments collected to be returned to the developers. The City will retain 5% for administrative fees for the periods of time specified in each agreement. One of the agreements calls for 90% if the property tax increments collected to be returned to the developers. The City will retain 10% for administrative fees for the periods of time specified the agreement. One of the agreements calls for 80% if the property tax increments collected to be returned to the developers. The City will retain 20% for administrative fees for the periods of time specified the agreement. For the year ended December 31, 2023, the City paid excess tax increment in the amount of $460,608. No other commitments were made by the City as part of these agreements. Page 446 of 532 REQUIRED SUPPLEMENTARY INFORMATION Page 447 of 532 CITY OF LAKEVILLE GENERAL FUND SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES – BUDGETARY COMPARISON YEAR ENDED DECEMBER 31, 2023 See accompanying Note to Required Supplementary Information. (102) Variance with Final Budget Original Final Actual Positive (Negative) REVENUE Property Taxes General property taxes: Current 22,971,429$ 22,971,429$ 22,902,147$ (69,282)$ Delinquent 222,641 222,641 73,674 (148,967) Fiscal Disparities 3,694,005 3,694,005 3,644,224 (49,781) Mobile Home Tax 61,800 61,800 68,994 7,194 Gravel Tax 5,000 5,000 12,266 7,266 Total property taxes 26,954,875 26,954,875 26,701,305 (253,570) Licenses and permits 2,943,346 3,316,346 3,489,815 173,469 Intergovernmental Market value homestead credit 3,000 3,000 4,428 1,428 State-aid police 580,000 642,476 642,476 - State-aid fire 520,000 574,000 577,879 3,879 State-aid PERA - - 131,310 131,310 State police and fire grants 284,999 309,999 297,582 (12,417) State local public safety aid - 1,850,000 1,850,000 - State other grants 74,700 74,700 71,042 (3,658) Federal other grants 50,000 50,000 164,968 114,968 Total intergovernmental 1,512,699 3,504,175 3,739,685 235,510 Charges for services General government 407,380 540,435 692,184 151,749 Public safety 624,111 624,111 596,956 (27,155) Public works 1,355,632 1,355,632 979,981 (375,651) Parks and recreation 971,323 1,162,823 1,149,391 (13,432) Total charges for services 3,358,446 3,683,001 3,418,512 (264,489) Special assessments - - 5,189 5,189 Fines 240,000 240,000 238,097 (1,903) Investment income Interest Income 281,000 281,000 350,236 69,236 Increase (Decrease in Fair Market Value)- - 379,931 379,931 Total investment income 281,000 281,000 730,167 449,167 Donations 45,200 45,200 117,801 72,601 Miscellaneous 35,557 35,557 92,451 56,894 Total revenues 35,371,123 38,060,154 38,533,022 472,868 Budgeted Amounts Page 448 of 532 CITY OF LAKEVILLE GENERAL FUND SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES – BUDGETARY COMPARISON (CONTINUED) YEAR ENDED DECEMBER 31, 2023 See accompanying Note to Required Supplementary Information. (103) Variance with Final Budget Original Final Actual Positive (Negative) Budgeted Amounts EXPENDITURES General government Mayor and council Personnel services 62,561$ 55,652$ 51,908$ 3,744$ Commodities 50 50 140 (90) Other charges and services 76,167 76,168 73,320 2,848 Total mayor and council 138,778 131,870 125,368 6,502 Committees/commissions Personnel services 77,677 78,562 76,375 2,187 Commodities 2,500 2,500 94 2,406 Other charges and services 47,700 52,560 56,226 (3,666) Total committees/commissions 127,877 133,622 132,695 927 City administration Personnel services 525,250 478,207 479,207 (1,000) Commodities 4,500 4,500 1,168 3,332 Other charges and services 99,809 118,809 110,933 7,876 Capital Outlay - - 1,529 (1,529) Total city administration 629,559 601,516 592,837 8,679 City clerk Personnel services 143,506 143,691 143,569 122 Commodities 300 300 1,932 (1,632) Other charges and services 40,125 54,555 51,858 2,697 Total city clerk 183,931 198,546 197,359 1,187 Legal counsel Other charges and services 97,350 97,350 74,170 23,180 Planning Personnel services 643,697 645,110 633,576 11,534 Commodities 1,901 1,901 1,635 266 Other charges and services 17,245 17,245 6,286 10,959 Total planning 662,843 664,256 641,497 22,759 Community and economic development Personnel services 383,365 383,538 382,897 641 Commodities 275 275 151 124 Other charges and services 136,033 138,023 152,429 (14,406) Total community and economic development 519,673 521,836 535,477 (13,641) Inspections Personnel services 1,511,300 1,380,823 1,451,175 (70,352) Commodities 16,207 16,207 13,487 2,720 Other charges and services 347,130 398,110 408,637 (10,527) Capital Outlay 62,000 62,000 31,097 30,903 Total inspections 1,936,637 1,857,140 1,904,396 (47,256) Page 449 of 532 CITY OF LAKEVILLE GENERAL FUND SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES – BUDGETARY COMPARISON (CONTINUED) YEAR ENDED DECEMBER 31, 2023 See accompanying Note to Required Supplementary Information. (104) Variance with Final Budget Original Final Actual Positive (Negative) Budgeted Amounts EXPENDITURES (CONTINUED) General government (continued) General government facilities Personnel services 415,602$ 323,926$ 323,690$ 236 Commodities 22,898 22,898 21,218 1,680 Other charges and services 246,389 244,259 230,942 13,317 Total general government facilities 684,889 591,083 575,850 15,233 Finance Personnel services 950,108 1,018,151 1,017,925 226 Commodities 1,400 1,400 2,728 (1,328) Other charges and services 183,339 154,555 139,499 15,056 Capital Outlay - - 1,534 (1,534) Total finance 1,134,847 1,174,106 1,161,686 12,420 Information technology Personnel services 555,347 340,372 310,361 30,011 Commodities 3,800 3,800 2,903 897 Other charges and services 513,432 513,432 407,135 106,297 Capital Outlay - - 1,599 (1,599) Total information technology 1,072,579 857,604 721,998 135,606 Human resources Personnel services 716,626 499,013 443,043 55,970 Commodities 1,975 1,975 1,734 241 Other charges and services 168,795 226,335 219,469 6,866 Total human resources 887,396 727,323 664,246 63,077 Insurance coverage Other charges and services 250,000 250,000 250,000 - Total general government 8,326,359 7,806,252 7,577,579 228,673 Public safety Police Personnel services 11,627,096 11,764,573 11,833,009 (68,436) Commodities 498,897 498,897 487,535 11,362 Other charges and services 2,185,135 2,185,135 2,219,608 (34,473) Total police 14,311,128 14,448,605 14,540,152 (91,547) Fire Protection Personnel services 2,096,272 2,497,360 2,240,259 257,101 Commodities 225,645 225,645 283,891 (58,246) Other charges and services 344,506 344,506 368,644 (24,138) Total fire protection 2,666,423 3,067,511 2,892,794 174,717 Total public safety 16,977,551 17,516,116 17,432,946 83,170 Page 450 of 532 CITY OF LAKEVILLE GENERAL FUND SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES – BUDGETARY COMPARISON (CONTINUED) YEAR ENDED DECEMBER 31, 2023 See accompanying Note to Required Supplementary Information. (105) Variance with Final Budget Original Final Actual Positive (Negative) Budgeted Amounts EXPENDITURES (CONTINUED) Public Works Engineering Personnel services 951,500$ 737,660$ 628,372$ 109,288 Commodities 8,786 8,786 6,664 2,122 Other charges and services 170,111 170,111 149,339 20,772 Total engineering 1,130,397 916,557 784,370 132,187 Forestry Personnel services 218,114 218,446 212,436 6,010 Commodities 7,593 7,593 7,357 236 Other charges and services 330,340 330,340 306,709 23,631 Total engineering 556,047 556,379 526,502 29,877 Construction services Personnel services 591,652 592,599 485,492 107,107 Commodities 12,141 12,141 7,858 4,283 Other charges and services 18,106 18,106 15,608 2,498 Capital Outlay - 78,482 78,481 1 Total construction services 621,899 701,328 587,439 113,889 Street maintenance Personnel services 2,644,947 2,570,157 2,538,232 31,925 Commodities 993,915 993,915 1,018,402 (24,487) Other charges and services 425,760 425,760 467,551 (41,791) Total street maintenance 4,064,622 3,989,832 4,024,185 (34,353) Total public works 6,372,965 6,164,096 5,922,496 241,600 Parks and recreation Park maintenance Personnel services 2,500,425 2,528,458 2,459,518 68,940 Commodities 324,472 324,472 319,434 5,038 Other charges and services 645,297 645,297 608,014 37,283 Total park maintenance 3,470,194 3,498,227 3,386,966 111,261 Recreation Personnel services 501,101 502,599 503,709 (1,110) Commodities 31,844 31,844 34,463 (2,619) Other charges and services 314,992 367,242 351,993 15,249 Total recreation 847,937 901,685 890,165 11,520 Heritage center Personnel services 76,804 77,177 73,108 4,069 Commodities 11,850 11,850 11,768 82 Other charges and services 52,019 52,019 54,056 (2,037) Total heritage center 140,673 141,046 138,932 2,114 Arts center Personnel services 427,612 470,543 506,728 (36,185) Commodities 42,350 97,350 139,819 (42,469) Other charges and services 257,701 354,701 345,231 9,470 Capital Outlay 36,000 36,000 24,514 11,486 Total arts center 763,663 958,594 1,016,292 (57,698) Total parks and recreation 5,222,467 5,499,552 5,432,355 67,197 Total expenditures 36,899,342 36,986,016 36,365,376 620,640 Page 451 of 532 CITY OF LAKEVILLE GENERAL FUND SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES – BUDGETARY COMPARISON (CONTINUED) YEAR ENDED DECEMBER 31, 2023 See accompanying Note to Required Supplementary Information. (106) Variance with Final Budget Original Final Actual Positive (Negative) Budgeted Amounts EXCESS (DEFICIENCY) OF REVENUE OVER (UNDER) EXPENDITURES (1,528,219)$ 1,074,138$ 2,167,646$ 1,093,508$ OTHER FINANCE SOURCES (USES) Transfers In From: Special Revenue - Communications Fund 82,212 - - - Capital Projects Fund - 100,000 100,000 - Enterprise - Liquor Fund 268,286 30,000 30,000 - Enterprise - Utility Fund 790,601 342,170 342,170 - Internal Service - Municipal Reserves Fund 30,000 - - - Transfers Out To: Debt Service Fund (225,000) (225,000) (225,000) - Capital Projects Fund (2,128,880) (2,128,880) (2,128,880) - Total Other Finance Sources (Uses)(1,182,781) (1,881,710) (1,881,710) - NET CHANGE IN FUND BALANCES (2,711,000)$ (807,572)$ 285,936 1,093,508$ FUND BALANCES Beginning of Year 22,007,407 Change in Supplies - Inventory 79,654 End of Year 22,372,997$ Page 452 of 532 CITY OF LAKEVILLE GENERAL FUND NOTE TO REQUIRED SUPPLEMENTARY INFORMATION DECEMBER 31, 2023 (107) A. Budgetary Information Budgets are adopted on a basis consistent with accounting principles generally accepted in the United States of America. Annual appropriated budgets are adopted for the General Fund and Special Revenue Funds. Budgeted amounts are as originally adopted or as amended by the City Council. The City follows these procedures in establishing the budgetary data reflected in the financial statements: 1. The City Administrator submits a proposed operating budget to the City Council. 2. Public hearings are conducted to obtain taxpayer comments. 3. Upon Council approval the budget is legally adopted and employs formal budgetary integration during the year. 4. Expenditures may legally exceed budgeted appropriations at the fund level through City Council action. 5. The legal level of budgetary control (i.e., the level at which expenditures may not legally exceed appropriations) is at the fund level for the General Fund and total expenditures for the Special Revenue Funds. The City Administrator has authorization to expend funds in excess of the appropriation for individual line items. 6. Budget appropriations of all funds lapse at year-end to the extent they were not encumbered. Encumbrances are re-appropriated in the following year’s budget. Page 453 of 532 CITY OF LAKEVILLE PERA – GENERAL EMPLOYEES RETIREMENT FUND YEAR ENDED DECEMBER 31, 2023 See accompanying Notes to Required Supplementary Information – Statewide Plans. (108) GERF Schedule of the City’s Proportionate Share of the Net Pension Liability Last Eight Fiscal Years* 6/30/2023 6/30/2022 6/30/2021 6/30/2020 6/30/2019 6/30/2018 6/30/2017 6/30/2016 6/30/2015 City’s Proportion of the Net Pension Liability 0.1929%0.1821%0.1758%0.1701%0.1633%0.1632%0.1585%0.1544%0.1540% City’s Proportionate Share of the Net Pension Liability 10,786,752$ 14,422,380$ 7,507,448$ 10,198,272$ 9,028,491$ 9,053,667$ 10,118,535$ 12,536,514$ 7,981,079$ State's Proportionate Share of the Net Pension Liability Associated with the City 297,327 422,734 229,302 314,577 280,654 297,059 127,203 - - Total 11,084,079$ 14,845,114$ 7,736,750$ 10,512,849$ 9,309,145$ 9,350,726$ 10,245,738$ 12,536,514$ 7,981,079$ City’s Covered Payroll 15,468,304$ 13,640,721$ 12,645,032$ 12,134,069$ 11,645,116$ 10,971,998$ 10,213,446$ 9,572,229$ 9,046,858$ City’s Proportionate Share of the Net Pension Liability as a Percentage of Its Covered Payroll 69.73%105.73%59.37%84.05%77.53%82.52%99.07%130.97%88.22% Plan Fiduciary Net Position as a Percentage of the Total Pension Liability 83.10%76.67%87.00%79.06%80.20%79.53%75.90%68.90%78.20% * The Amounts Presented for Each Fiscal Year were Determined as of 6/30. GERF Schedule of City Contributions Last Eight Fiscal Years* 2023 2022 2021 2020 2019 2018 2017 2016 2015 Statutorily Required Contribution 1,152,904$ 1,065,020$ 987,086$ 990,259$ 896,894$ 847,485$ 791,612$ 741,919$ 705,189$ Contributions in Relation to the Statutorily Required Contribution (1,152,904) (1,065,020) (987,086) (990,259) (896,894) (847,485) (791,612) (741,919) (705,189) Contribution Deficiency (Excess)-$ -$ -$ -$ -$ -$ -$ -$ -$ City’s Covered Payroll 15,372,053$ 14,200,267$ 13,161,147$ 13,203,453$ 11,958,587$ 11,299,800$ 10,554,827$ 9,892,253$ 9,402,520$ Contributions as a Percentage of Covered Payroll 7.50%7.50%7.50%7.50%7.50%7.50%7.50%7.50%7.50% * The Amounts Presented for Each Fiscal Year were Determined as of 12/31. Measurement Date Fiscal Year Ended December 31, Note: The City implemented GASB Statement No. 68 in fiscal 2015 (using a June 30, 2015 measurement date). The schedule is provided prospectively beginning with the City’s fiscal year ended December 31, 2015 and is intended to show a 10-year trend. Additional years will be reported as they become available. Page 454 of 532 CITY OF LAKEVILLE PERA – PUBLIC EMPLOYEES POLICE AND FIRE FUND YEAR ENDED DECEMBER 31, 2023 See accompanying Notes to Required Supplementary Information – Statewide Plans. (109) PEPFF Schedule of the City’s Proportionate Share of the Net Pension Liability Last Eight Fiscal Years* 6/30/2023 6/30/2022 6/30/2021 6/30/2020 6/30/2019 6/30/2018 6/30/2017 6/30/2016 6/30/2015 City’s Proportion of the Net Pension Liability 0.6080%0.5996%0.5818%0.5668%0.5900%0.5693%0.5490%0.5620%0.5320% City’s Proportionate Share of the Net Pension Liability 10,499,370$ 26,092,224$ 4,490,879$ 7,471,030$ 6,281,146$ 6,068,152$ 7,412,153$ 22,554,038$ 6,044,765$ State's Proportionate Share of the Net Pension Liability Associated with the City 422,928 1,139,864 201,912 175,988 - - - - - Total 10,922,298$ 27,232,088$ 4,692,791$ 7,647,018$ 6,281,146$ 6,068,152$ 7,412,153$ 22,554,038$ 6,044,765$ City’s Covered Payroll 7,903,580$ 7,255,546$ 6,888,492$ 6,400,325$ 6,241,714$ 6,004,172$ 5,635,205$ 5,423,663$ 4,870,941$ City’s Proportionate Share of the Net Pension Liability as a Percentage of Its Covered Payroll 132.84%359.62%65.19%116.73%100.63%101.07%131.53%415.85%124.10% Plan Fiduciary Net Position as a Percentage of the Total Pension Liability 86.47%70.53%93.66%87.19%89.30%88.84%85.40%63.90%86.60% * The Amounts Presented for Each Fiscal Year were Determined as of 6/30. PEPFF Schedule of City Contributions Last Eight Fiscal Years* 2023 2022 2021 2020 2019 2018 2017 2016 2015 Statutorily Required Contribution 1,403,842$ 1,316,993$ 1,172,597$ 1,173,052$ 1,066,319$ 999,032$ 942,349$ 904,571$ 845,144$ Contributions in Relation to the Statutorily Required Contribution (1,403,842) (1,316,993) (1,172,597) (1,173,052) (1,066,319) (999,032) (942,349) (904,571) (845,144) Contribution Deficiency (Excess)-$ -$ -$ -$ -$ -$ -$ -$ -$ City’s Covered Payroll 7,931,311$ 7,440,638$ 6,624,842$ 6,627,412$ 6,290,968$ 6,166,864$ 5,816,969$ 5,583,772$ 5,216,938$ Contributions as a Percentage of Covered Payroll 17.70%17.70%17.70%17.70%16.95%16.20%16.20%16.20%16.20% * The Amounts Presented for Each Fiscal Year were Determined as of 12/31. Measurement Date Fiscal Year Ended December 31, Note: The City implemented GASB Statement No. 68 in fiscal 2015 (using a June 30, 2015 measurement date). The schedule is provided prospectively beginning with the City’s fiscal year ended December 31, 2015 and is intended to show a 10-year trend. Additional years will be reported as they become available. Page 455 of 532 CITY OF LAKEVILLE NOTES TO REQUIRED SUPPLEMENTARY INFORMATION – STATEWIDE PLANS DECEMBER 31, 2023 (110) General Employees Fund 2023 Changes Changes in Actuarial Assumptions: • The investment return assumption and single discount rate were changed from 6.5% to 7.0%. Changes in Plan Provisions: • An additional one-time direct state aid contribution of $170.1 million will be contributed to the Plan on October 1, 2023. • The vesting period of those hired after June 30, 2010, was changed from five years of allowable service to three years of allowable service. • The benefit increase delay for early retirements on or after January 1, 2024, was eliminated. • A one-time, non-compounding benefit increase of 2.5% minus the actual 2024 adjustment will be payable in a lump sum for calendar year 2024 by March 31, 2024. 2022 Changes Changes in Actuarial Assumptions: • The mortality improvement scale was changed from Scale MP-2020 to Scale MP-2021. Changes in Plan Provisions: • There were no changes in plan provisions since the previous valuation. 2021 Changes Changes in Actuarial Assumptions: • The investment return and single discount rates were changed from 7.50% to 6.50%, for financial reporting purposes. • The mortality improvement scale was changed from Scale MP-2019 to Scale MP-2020. • Changes in Plan Provisions: • There were no changes in plan provisions since the previous valuation. 2020 Changes Changes in Actuarial Assumptions: • The price inflation assumption was decreased from 2.50% to 2.25%. • The payroll growth assumption was decreased from 3.25% to 3.00%. • Assumed salary increase rates were changed as recommended in the June 30, 2019 experience study. The net effect is assumed rates that average 0.25% less than previous rates. • Assumed rates of retirement were changed as recommended in the June 30, 2019 experience study. The changes result in more unreduced (normal) retirements and slightly fewer Rule of 90 and early retirements. • Assumed rates of termination were changed as recommended in the June 30, 2019 experience study. The new rates are based on service and are generally lower than the previous rates for years 2-5 and slightly higher thereafter. • Assumed rates of disability were changed as recommended in the June 30, 2019 experience study. The change results in fewer predicted disability retirements for males and females. Page 456 of 532 CITY OF LAKEVILLE NOTES TO REQUIRED SUPPLEMENTARY INFORMATION – STATEWIDE PLANS DECEMBER 31, 2023 (111) General Employees Fund (Continued) 2020 Changes (Continued) • The base mortality table for healthy annuitants and employees was changed from the RP- 2014 table to the Pub-2010 General Mortality table, with adjustments. The base mortality table for disabled annuitants was changed from the RP-2014 disabled annuitant mortality table to the PUB-2010 General/Teacher disabled annuitant mortality table, with adjustments. • The mortality improvement scale was changed from Scale MP-2018 to Scale MP-2019. • The assumed spouse age difference was changed from two years older for females to one year older. • The assumed number of married male new retirees electing the 100% Joint & Survivor option changed from 35% to 45%. The assumed number of married female new retirees electing the 100% Joint & Survivor option changed from 15% to 30%. The corresponding number of married new retirees electing the Life annuity option was adjusted accordingly. Changes in Plan Provisions: • Augmentation for current privatized members was reduced to 2.0% for the period July 1, 2020 through December 31, 2023 and 0.0% after. Augmentation was eliminated for privatizations occurring after June 30, 2020. 2019 Changes Changes in Actuarial Assumptions: • The morality projection scale was changed from MP-2017 to MP-2018. Changes in Plan Provisions: • The employer supplemental contribution was changed prospectively, decreasing from $31.0 million to $21.0 million per year. The State’s special funding contribution was changed prospectively, requiring $16.0 million due per year through 2031. 2018 Changes Changes in Actuarial Assumptions: • The morality projection scale was changed from MP-2015 to MP-2017. • The assumed benefit increase was changed from 1.00% per year through 2044 and 2.50% per year thereafter to 1.25% per year. Changes in Plan Provisions: • The augmentation adjustment in early retirement factors is eliminated over a five-year period starting July 1, 2019, resulting in actuarial equivalence after June 30, 2024. • Interest credited on member contributions decreased from 4.00% to 3.00%, beginning July 1, 2018. • Deferred augmentation was changed to 0.00%, effective January 1, 2019. Augmentation that has already accrued for deferred members will still apply. • Contribution stabilizer provisions were repealed. • Postretirement benefit increases were changed from 1.00% per year with a provision to increase to 2.50% upon attainment of 90.00% funding ratio to 50.00% of the Social Security Cost of Living Adjustment, not less than 1.00% and not more than 1.50%, beginning January 1, 2019. Page 457 of 532 CITY OF LAKEVILLE NOTES TO REQUIRED SUPPLEMENTARY INFORMATION – STATEWIDE PLANS DECEMBER 31, 2023 (112) General Employees Fund (Continued) 2018 Changes (Continued) • For retirements on or after January 1, 2024, the first benefit increase is delayed until the retiree reaches normal retirement age; does not apply to Rule of 90 retirees, disability benefit recipients, or survivors. • Actuarial equivalent factors were updated to reflect revised mortality and interest assumptions. 2017 Changes Changes in Actuarial Assumptions: • The combined service annuity (CSA) loads were changed from 0.80% for active members and 60.00% for vested and nonvested deferred members. The revised CSA load are now 0.00% for active member liability, 15.00% for vested deferred member liability, and 3.00% for nonvested deferred member liability. • The assumed postretirement benefit increase rate was changed for 1.00% per year for all years to 1.00% per year through 2044 and 2.50% per year thereafter. Changes in Plan Provisions: • The State’s contribution for the Minneapolis Employees Retirement Fund equals $16,000,000 in 2017 and 2018, and $6,000,000 thereafter. • The Employer Supplemental Contribution for the Minneapolis Employees Retirement Fund changed from $21,000,000 to $31,000,000 in calendar years 2019 to 2031. The state’s contribution changed from $16,000,000 to $6,000,000 in calendar years 2019 to 2031. 2016 Changes Changes in Actuarial Assumptions: • The assumed postretirement benefit increase rate was changed from 1.00% per year through 2035 and 2.50% per year thereafter to 1.00% per year for all years. • The assumed investment return was changed from 7.90% to 7.50%. The single discount rate changed from 7.90% to 7.50%. • Other assumptions were changed pursuant to the experience study June 30, 2015. The assumed future salary increases, payroll growth, and inflation were decreased by 0.25% to 3.25% for payroll growth and 2.50% for inflation. Changes in Plan Provisions: • There have been no changes since the prior valuation. 2015 Changes Changes in Actuarial Assumptions: • The assumed postretirement benefit increase rate was changed from 1.00% per year through 2030 and 2.50% per year thereafter to 1.00% per year through 2035 and 2.50% per year thereafter. Changes in Plan Provisions: • On January 1, 2015, the Minneapolis Employees Retirement Fund was merged into the General Employees Fund, which increased the total pension liability by $1.1 billion and increase the fiduciary plan net position by $892 million. Upon consolidation, state and employer contributions were revised; the State’s contribution of $6.0 million, which meets the special funding situation definition, was due September 2015. Page 458 of 532 CITY OF LAKEVILLE NOTES TO REQUIRED SUPPLEMENTARY INFORMATION – STATEWIDE PLANS DECEMBER 31, 2023 (113) Police and Fire Fund 2023 Changes Changes in Actuarial Assumptions: • The investment return assumption was changed from 6.5% to 7.0%. • The single discount rate changed from 5.4% to 7.%. Changes in Plan Provisions: • Additional one-time direct state aid contribution of 19.4 million will be contributed to the Plan on October 1, 2023. • Vesting requirement for new hires after June 30, 2014, was changed from a graded 20-year vesting schedule to a graded 10-year vesting schedule, with 50% vesting after five years, increasing incrementally to 100% after 10 years. • A one-time, non-compounding benefit increase of 3.0% will be payable in a lump sum for calendar year 2024 by March 31, 2024. • Psychological treatment is required effective July 1, 2023, prior to approval for a duty disability benefit for a psychological condition relating to the member’s occupation. • The total and permanent duty disability benefit was increased, effective July 1, 2023. 2022 Changes Changes in Actuarial Assumptions: • The mortality improvement scale was changed from Scale MP-2020 to Scale MP-2021. • The single discount rate changed from 6.5% to 5.4%. Changes in Plan Provisions: • There have been no changes since the prior valuation. 2021 Changes Changes in Actuarial Assumptions: • The investment return and single discount rates were changed from 7.50% to 6.50%, for financial reporting purposes. • The inflation assumption was changed from 2.50% to 2.25%. • The payroll growth assumption was changed from 3.25% to 3.00%. • The base mortality table for healthy annuitants and employees was changed from the RP- 2014 table to the Pub-2010 Public Safety Mortality table. The mortality improvement scale was changed from MP-2019 to MN-2020. • The base mortality table for disabled annuitants was changed from the RP-2014 healthy annuitant mortality table (with future mortality improvement according to Scale MP-2019) to the Pub-2010 Public Safety disabled annuitant mortality table (with future mortality improvement according to Scale MP-2020). • Assumed rates of salary increase were modified as recommended in the July 14, 2020 experience study. The overall impact is a decrease in gross salary increase rates. • Assumed rates of retirement were changed as recommended in the July 14, 2020 experience study. The changes result in slightly more unreduced retirements and fewer assumed early retirements. • Assumed rates of withdrawal were changed from select and ultimate rates to service-based rates. The changes result in more assumed terminations. Page 459 of 532 CITY OF LAKEVILLE NOTES TO REQUIRED SUPPLEMENTARY INFORMATION – STATEWIDE PLANS DECEMBER 31, 2023 (114) Police and Fire Fund (Continued) Changes in Actuarial Assumptions (Continued): 2021 Changes (Continued) • Assumed rates of disability were increased for ages 25-44 and decreased for ages over 49. Overall, proposed rates result in more projected disabilities. • Assumed percent married for active female members was changed from 60% to 70%. Minor changes to form of payment assumptions were applied. Changes in Plan Provisions: • There have been no changes since the prior valuation. 2020 Changes Changes in Actuarial Assumptions: • The morality projection scale was changed from MP-2018 to MP-2019. Changes in Plan Provisions: • There have been no changes since the prior valuation. 2019 Changes Changes in Actuarial Assumptions: • The morality projection scale was changed from MP-2017 to MP-2018. Changes in Plan Provisions: • There have been no changes since the prior valuation. 2018 Changes Changes in Actuarial Assumptions: • The morality projection scale was changed from MP-2016 to MP-2017. Changes in Plan Provisions: • Postretirement benefit increases were changed to 1.00% for all years, with no trigger. • An end date of July 1, 2048 was added to the existing $9.0 million state contribution. • New annual state aid will equal $4.5 million in fiscal years 2019 and 2020, and $9.0 million thereafter until the plan reaches 100% funding, or July 1, 2048, if earlier. • Member contributions were changed from 10.80% to 11.30% of pay, effective January 1, 2019 and 11.80% of pay, effective January 1, 2020. • Employer contributions were changed from 16.20% to 16.95% of pay, effective January 1, 2019 and 17.70% of pay, effective January 1, 2020. • Interest credited on member contributions decreased from 4.00% to 3.00%, beginning July 1, 2018. • Deferred augmentation was changed to 0.00%, effective January 1, 2019. Augmentation that has already accrued for deferred members will still apply. • Actuarial equivalent factors were updated to reflect revised mortality and interest assumptions. Page 460 of 532 CITY OF LAKEVILLE NOTES TO REQUIRED SUPPLEMENTARY INFORMATION – STATEWIDE PLANS DECEMBER 31, 2023 (115) Police and Fire Fund (Continued) 2017 Changes Changes in Actuarial Assumptions: • Assumed salary increases were changed as recommended in the June 30, 2016 experience study. The net effect is proposed rates that average 0.34% lower than the previous rates. • Assumed rates of retirement were changed, resulting in fewer retirements. • The combined service annuity (CSA) load was 30.00% for vested and nonvested, deferred members. The CSA has been changed to 33.00% for vested members and 2.00% for nonvested members. • The base mortality table for healthy annuitants was changed from the RP-2000 fully generational table to the RP-2014 fully generational table (with a base year of 2006), with male rates adjusted by a factor of 0.96. The mortality improvement scale was changed from Scale AA to Scale MP-2016. The base mortality table for disabled annuitants was changed from the RP-2000 disabled mortality table to the mortality tables assumed for healthy retirees. • Assumed termination rates were decreased to 3.00% for the first three years of service. Rates beyond the select period of three years were adjusted, resulting in more expected terminations overall. • Assumed percentage of married female members was decreased from 65.00% to 60.00%. • Assumed age difference was changed from separate assumptions for male members (wives assumed to be three years younger) and female members (husbands assumed to be four years older) to the assumption that males are two years older than females. • The assumed percentage of female members electing joint and survivor annuities was increased. • The assumed postretirement benefit increase rate was changed from 1.00% for all years to 1.00% per year through 2064 and 2.50% thereafter. • The single discount rate was changed from 5.60% per annum to 7.50% per annum. Changes in Plan Provisions: • There have been no changes since the prior valuation. 2016 Changes Changes in Actuarial Assumptions: • The assumed postretirement benefit increase rate was changed from 1.00% per year through 2037 and 2.50% per year thereafter to 1.00% per year for all future years. • The assumed investment return was changed from 7.90% to 7.50%. • The single discount rate changed from 7.90% to 5.60%. • The assumed future salary increases, payroll growth, and inflation were decreased by 0.25% to 3.25% for payroll growth and 2.50% for inflation. Changes in Plan Provisions: • There have been no changes since the prior valuation. Page 461 of 532 CITY OF LAKEVILLE NOTES TO REQUIRED SUPPLEMENTARY INFORMATION – STATEWIDE PLANS DECEMBER 31, 2023 (116) Police and Fire Fund (Continued) 2015 Changes Changes in Actuarial Assumptions: • The assumed postretirement benefit increase rate was changed from 1.00% per year through 2030 and 2.50% per year thereafter to 1.00% per year through 2037 and 2.50% per year thereafter. Changes in Plan Provisions: • The postretirement benefit increase to be paid after the attainment of the 90.00% funding threshold was changed from inflation up to 2.50%, to a fixed rate of 2.50%. Page 462 of 532 CITY OF LAKEVILLE NET PENSION LIABILITY (ASSET) AND RELATED RATIOS LAKEVILLE FIRE RELIEF ASSOCIATION YEAR ENDED DECEMBER 31, 2023 (117) 2023 2022 2021 2020 2019 2018 2017 2016 2015 Total Pension Liability (TPL) Service Cost 489,087$ 438,526$ 428,876$ 356,038$ 319,546$ 255,975$ 231,712$ 270,846$ 223,785$ Interest 479,407 443,842 429,588 434,535 376,417 358,835 345,935 301,640 269,493 Differences Between Expected and Actual Experience - 148,756 - (1,177,043) - (57,139) - (201,242) - Changes of Assumptions - (27,176) - 163,176 - 94,736 38,230 (161,264) 353,037 Changes of Benefit Terms - 1,212,453 - 1,435,979 388,025 352,464 154,012 186,369 - Benefit Payments, Including Member Contribution Refunds (2,805,883) (491,000) (749,411) (249,778) (203,935) (602,296) (276,622) (547,241) (210,816) Net Change in Total Pension Liability (1,837,389) 1,725,401 109,053 962,907 880,053 402,575 493,267 (150,892) 635,499 Total Pension Liability - Beginning 9,251,371 7,525,970 7,416,917 6,454,010 5,573,957 5,171,382 4,678,115 4,829,007 4,193,508 Total Pension Liability - Ending (a)7,413,982 9,251,371 7,525,970 7,416,917 6,454,010 5,573,957 5,171,382 4,678,115 4,829,007 Plan Fiduciary Net Position Municipal Contributions - - - - - - - - - State Contributions 588,879 510,676 434,690 409,568 379,598 367,701 351,635 348,276 338,889 Net Investment Income 2,044,048 (2,204,039) 1,871,403 1,715,829 1,904,143 (314,875) 1,175,892 551,474 39,474 Benefit Payments, including refunds of member contributions (2,805,883) (491,000) (749,411) (249,778) (203,935) (602,296) (276,622) (547,241) (210,816) Administrative Expenses (19,686) (10,098) (15,719) (10,634) (12,474) (12,042) (11,579) (9,817) (11,292) Other - - - - - - - - (40) Net Change in Fiduciary Net Position (192,642) (2,194,461) 1,540,963 1,864,985 2,067,332 (561,512) 1,239,326 342,692 156,215 Fiduciary Net Position - Beginning 11,778,284 13,972,745 12,431,782 10,566,797 8,499,465 9,060,977 7,821,651 7,478,959 7,322,744 Fiduciary Net Position - Ending (b)11,585,642 11,778,284 13,972,745 12,431,782 10,566,797 8,499,465 9,060,977 7,821,651 7,478,959 Ending Net Pension Liability (Asset) (a-b)(4,171,660)$ (2,526,913)$ (6,446,775)$ (5,014,865)$ (4,112,787)$ (2,925,508)$ (3,889,595)$ (3,143,536)$ (2,649,952)$ Plan Fiduciary Net Position as a Percentage of Total Pension Liability (b/a)156.27%127.31%185.66%167.61%163.72%152.49%175.21%167.20%154.88% Covered Payroll N/A N/A N/A N/A N/A N/A N/A N/A N/A Net Pension Liability (Asset) as a Percentage of Covered Payroll N/A N/A N/A N/A N/A N/A N/A N/A N/A *Ten Years of Data Will Eventually Be Presented When Available Schedule of Employer Contributions 2023 2022 2021 2020 2019 2019 2017 2016 2015 Statutorily Required Contribution -$ -$ -$ -$ -$ -$ -$ -$ -$ Contributions in Relation to the Statutorily Required Contribution - - - - - - - - - Contribution Deficiency (Excess)-$ -$ -$ -$ -$ -$ -$ -$ -$ Note: The City implemented GASB Statement No. 68 in fiscal 2015 (using a June 30, 2015 measurement date). The schedule is provided prospectively beginning with the City’s fiscal year ended December 31, 2015 and is intended to show a 10-year trend. Additional years will be reported as they become available. The City holds no assets in trust for this plan. Page 463 of 532 CITY OF LAKEVILLE SCHEDULE OF CHANGES IN THE CITY’S TOTAL OPEB LIABILITY AND RELATED RATIOS YEAR ENDED DECEMBER 31, 2023 (118) 2023 2022 2021 2020 2019 2018 Total OPEB Liability Service Cost 77,941$ 80,068$ 92,424$ 90,590$ 89,732$ 48,551$ Interest 26,086 21,882 49,766 46,760 48,182 34,601 Changes of Benefit Terms - - - - - - Difference Between Expected and Actual Experience 69,035 (3,399) (459,716) - 87,715 - Changes of Assumptions (157,857) (28,591) 135,361 - - - Benefit Payments (43,080) (41,533) (66,232) (51,097) (50,869) (42,312) Net Change in Total OPEB Liability (27,875) 28,427 (248,397) 86,253 174,760 40,840 Total OPEB Liability - Beginning 1,102,835 1,074,408 1,322,805 1,236,552 1,061,792 1,020,952 Total OPEB Liability - Ending 1,074,960$ 1,102,835$ 1,074,408$ 1,322,805$ 1,236,552$ 1,061,792$ Total OPEB Liability 1,074,960$ 1,102,835$ 1,074,408$ 1,322,805$ 1,236,552$ 1,061,792$ Plan Fiduciary Net Position as a Percentage of the Total OPEB Liability 0.00%0.00%0.00%0.00%0.00%0.00% Covered Employee Payroll 20,991,155$ 18,582,335$ 17,204,233$ 14,711,089$ 14,711,089$ 15,084,789$ City's Total OPEB Liability as a Percentage of the Covered Employee Payroll 5.12%5.93%6.25%8.99%8.41%7.04% Note: The City implemented GASB Statement No. 75 in fiscal 2018. The schedule is provided prospectively beginning with the City’s fiscal year ended December 31, 2018 and is intended to show a 10-year trend. Additional years will be reported as they become available. Notes to Schedule: Valuation date:1/1/2023 Measurement date:1/1/2023 Methods and assumptions used to determine the contribution rates: Actuarial cost method Entry age Amortization method Level percentage of payroll, closed Amortization period Average of expected remaining service on a closed basis for differences between expected and actual experience and assumption changes. Inflation 3.00% Healthcare cost trend rate 6.25% for 2021, decreasing to 5.00% over 5 years Salary increases 3.00% Discount rate 4.31% (20-year municipal bond yield) Mortality RP-2014 White Collar Mortality Tables with MP-2021 Generational Improvement Scale (with Blue Collar adjustment for Police and Fire Personnel) The City holds no assets in trust related to this OPEB plan. 2023 Changes Changes in Actuarial Assumptions: • The discount rate used is the 20-year municipal bond index, as the plan is not funded. This assumed rate increased from 2.25% to 4.31%. • Improvement Scale MP-2021 was applied to mortality tables. • Medical trend was reset at 6.25% in 2023, decreasing .25% each year, down to 5.00% in 2028 and onwards. Changes in Plan Provisions: • There have been no changes since the prior valuation. Page 464 of 532 CITY OF LAKEVILLE SCHEDULE OF CHANGES IN THE CITY’S TOTAL OPEB LIABILITY AND RELATED RATIOS (CONTINUED) YEAR ENDED DECEMBER 31, 2023 (119) 2022 Changes Changes in Actuarial Assumptions: • Discount rate of 1.93% was updated to 2.25%. Changes in Plan Provisions: • There have been no changes since the prior valuation. 2021 Changes Changes in Actuarial Assumptions: • Discount rate of 3.60% was updated to 1.93%. • Mortality Improvement Scale of MP-2019 was replaced with new Mortality Improvement Scale of MP-2020 and applied to RP-2014 Mortality tables. • Healthcare cost trend is assumed to be 6.25% in 2021 decreasing .25% each year to an ultimate rate of 5.00% in 2026 and thereafter. Changes in Plan Provisions: • There have been no changes since the prior valuation. Page 465 of 532 COMBINING AND INDIVIDUAL FUND STATEMENTS AND SCHEDULES Page 466 of 532 (120) NONMAJOR GOVERNMENTAL FUNDS Special Revenue Funds - These funds are used to account for revenues and expenditures that have a legally restricted or committed use for a specific purpose. Communications Fund This fund accounts for franchise fees from cable TV provider operations. Expenditures and other financing uses are used to finance the City’s cable TV channels and public communications, including long-term replacement of equipment. Downtown Special Service District Fund The Downtown Special Service District was created in 1998 pursuant to Minnesota Statute 428A. A service charge, payable with property taxes, is levied against the commercial properties in the Downtown Business District for the purpose of financing budgeted programs and activities within the District. Opioid Settlement Fund This fund is used to account for opioid settlement revenues and the related expenditures restricted to opioid remediation activities. Page 467 of 532 CITY OF LAKEVILLE SPECIAL REVENUE FUNDS (NONMAJOR) COMBINING BALANCE SHEET DECEMBER 31, 2023 (121) Downtown Special Opioid Communications Service District Settlement Totals ASSETS Cash and investments 1,289,177$ 12,630$ 139,466$ 1,441,273$ Interest receivable 6,114 73 553 6,740 Accounts receivable 148,669 - 434,893 583,562 Total Assets 1,443,960$ 12,703$ 574,912$ 2,031,575$ LIABILITIES, DEFERRED INFLOWS OF RESOURCES, AND FUND BALANCE LIABILITIES Salaries payable 7,554$ -$ -$ 7,554$ Accounts payable 4,252 - - 4,252 Total Liabilities 11,806 - - 11,806 DEFERRED INFLOWS OF RESOURCES Leases 47,167 - - 47,167 Unavailable revenue - other - - 434,893 434,893 Total Deferred Inflows of Resources 47,167 - 434,893 482,060 FUND BALANCE Restricted 154,190 12,703 140,019 306,912 Committed 1,230,797 - - 1,230,797 Total Fund Balance 1,384,987 12,703 140,019 1,537,709 Total Liabilities, Deferred Inflows of Resources, and Fund Balance 1,443,960$ 12,703$ 574,912$ 2,031,575$ Page 468 of 532 CITY OF LAKEVILLE SPECIAL REVENUE FUNDS (NONMAJOR) COMBINING STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES YEAR ENDED DECEMBER 31, 2023 (122) Downtown Special Opioid Communications Service District Settlement Totals REVENUE Licenses and permits 601,288$ -$ -$ 601,288$ Intergovernmental: State-aid PERA 915 - - 915 Charges for services 44,382 - - 44,382 Interest income 30,391 363 2,748 33,502 Change in fair value of investments 33,010 394 2,984 36,388 Miscellaneous 2,000 - 30,416 32,416 Total revenue 711,986 757 36,148 748,891 EXPENDITURES Current: General government 674,574 6,910 15,392 696,876 Capital outlay: General government 54,356 - 2,535 56,891 Total expenditures 728,930 6,910 17,927 753,767 EXCESS (DEFICIENCY) OF REVENUE OVER (UNDER) EXPENDITURES (16,944) (6,153) 18,221 (4,876) OTHER FINANCE SOURCES (USES) Transfers Out (6,400) - - (6,400) NET CHANGE IN FUND BALANCES (23,344) (6,153) 18,221 (11,276) FUND BALANCES Beginning of Year 1,408,331 18,856 121,798 1,548,985 End of Year 1,384,987$ 12,703$ 140,019$ 1,537,709$ Page 469 of 532 (123) PROPRIETARY FUNDS Internal Service Funds - These funds are used as an accounting device to accumulate and allocate costs internally amount the City’s various functions. Municipal Reserves Fund This fund accounts for the City’s risk management program relating to general liability, excess liability, property, workers compensation, and casualty insurance costs which are charged to other City departments on a cost reimbursement basis. Compensated Leave Fund This fund accounts for the accrued liability of employee benefits attributed to compensated leave. Funding was initially provided by transfers from the General Fund. Future revenue sources are charges to benefited programs and departments. Benefits paid to Enterprise Fund employees are accounted for in their respective funds. Page 470 of 532 CITY OF LAKEVILLE INTERNAL SERVICE FUNDS COMBINING STATEMENT OF NET POSITION DECEMBER 31, 2023 (124) Municipal Compensated Reserves Leave Totals ASSETS Cash and investments 437,813$ 610,135$ 1,047,948$ Interest receivable 1,236 2,286 3,522 Accounts receivable 2,473 - 2,473 Total Assets 441,522$ 612,421$ 1,053,943$ LIABILITIES AND NET POSITION CURRENT LIABILITIES Accounts payable 71,919$ -$ 71,919$ Accrued compensated absences - 2,130,916 2,130,916 Total current liabilities 71,919 2,130,916 2,202,835 NONCURRENT LIABILITIES Accrued compensated absences - 1,656,933 1,656,933 Total liabilities 71,919 3,787,849 3,859,768 NET POSITION Unrestricted 369,603 (3,175,428) (2,805,825) Total Liabilities and Net Position 441,522$ 612,421$ 1,053,943$ Governmental Activities - Internal Service Funds Page 471 of 532 CITY OF LAKEVILLE INTERNAL SERVICE FUNDS COMBINING STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN NET POSITION YEAR ENDED DECEMBER 31, 2023 (125) Municipal Compensated Reserves Leave Totals OPERATING REVENUE User Charges 372,774$ 193,785$ 566,559$ Other 302,499 - 302,499 Total operating revenue 675,273 193,785 869,058 OPERATING EXPENSES Personnel services - 158,535 158,535 Other charges and services 935,013 - 935,013 Total operating expenses 935,013 158,535 1,093,548 OPERATING INCOME (LOSS)(259,740) 35,250 (224,490) NONOPERATING REVENUE (EXPENSES) Interest Income 6,143 11,366 17,509 Change in Fair Value of Investments 6,674 - 6,674 Total nonoperating revenue (expenses)12,817 11,366 24,183 CHANGE IN NET POSITION (246,923) 46,616 (200,307) NET POSITION Beginning of Year 616,526 (3,222,044) (2,605,518) End of Year 369,603$ (3,175,428)$ (2,805,825)$ Governmental Activities - Internal Service Funds Page 472 of 532 CITY OF LAKEVILLE INTERNAL SERVICE FUNDS COMBINING STATEMENT OF CASH FLOWS YEAR ENDED DECEMBER 31, 2023 (126) Municipal Compensated Reserves Leave Totals CASH FLOWS FROM OPERATING ACTIVITIES Cash received from general service charges 672,800$ 193,785$ 866,585$ Cash paid to suppliers (1,007,681) - (1,007,681) Net Cash Provided (Used) by Operating Activities (334,881) 193,785 (141,096) CASH FLOWS FROM INVESTING ACTIVITIES Investment income received 13,167 10,272 23,439 NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (321,714) 204,057 (117,657) Cash and Cash Equivalents - Beginning of the Year 759,527 406,078 1,165,605 CASH AND CASH EQUIVALENTS - END OF THE YEAR 437,813$ 610,135$ 1,047,948$ RECONCILIATION OF OPERATING INCOME (LOSS) TO NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES Operating Income (Loss) (259,740)$ 35,250$ (224,490)$ Adjustments: (Increase) decrease in assets and deferred outflows: Accounts receivable (2,473) - (2,473) Increase (decrease) in liabilities and deferred inflows: Accounts payable (72,668) - (72,668) Accrued compensated absences - 158,535 158,535 Total adjustments Net Cash Provided (Used) by Operating Activities (334,881)$ 193,785$ (141,096)$ Governmental Activities - Internal Service Funds Page 473 of 532 This page intentionally left blank. Page 474 of 532 Statistical Section This part of the City of Lakeville’s annual comprehensive financial report presents detailed information as a context for understanding what the information in the financial statements, note disclosures, and required supplementary information says about the government’s overall financial health. Financial Trends 127 These schedules contain trend information to help the reader understand how the City’s financial performance and well-being have changed over time. Net Position by Component – Government-wide Changes in Net Position by Component – Governmental Activities Changes in Net Position by Component – Business-type Activities Changes in Net Position by Component – Total Governmental and Business-type Activities Fund Balances – Governmental Funds Revenue Capacity 139 These schedules contain information to help the reader assess the City’s most significant local revenue sources; electric sales and property taxes. Tax Capacity Valuation and Assessor’s Taxable Market Value of Taxable Property Property Tax Rates – Direct and Overlapping Governments Principal Property Taxpayers Property Tax Levy and Collections Debt Capacity 144 These schedules present information to help the reader assess the affordability of the City’s current levels of outstanding debt and the City’s ability to issue additional debt in the future. Ratio of Total Debt by Type Ratio of Net Bonded Debt Outstanding Direct and Overlapping Governmental Debt Legal Debt Margin Pledged Revenue Coverage Demographic and Economic Information 149 These schedules offer demographic and economic indicators to help the reader understand the environment within which the City’s financial activities take place. Demographic and Economic Statistics Principal Employers Commercial and Industrial Building Permits Issued Operating Information 152 These schedules contain service and infrastructure data to help the reader understand how the information in the City’s financial report relates to the services the City provides and the activities it performs. Employees by Function/Program (Full-Time Equivalent) Operating Indicators by Function Capital Asset Statistics by Function Sources: Unless otherwise noted, the information in these schedules is derived from the annual comprehensive financial reports for the relevant year. Page 475 of 532 CITY OF LAKEVILLE NET POSITION BY COMPONENT – GOVERNMENT-WIDE LAST TEN FISCAL YEARS (ACCRUAL BASIS OF ACCOUNTING) (127) 2014 2015 2016 2017 Governmental Activities: Net Investment in Capital Assets 135,673,737$ 141,868,136$ 149,196,480$ 144,581,700$ Restricted 19,913,014 33,860,946 35,860,604 46,683,603 Unrestricted 5,874,237 (4,929,168) 4,277,626 6,036,382 Total Governmental Activities Net Position 161,460,988$ 170,799,914$ 189,334,710$ 197,301,685$ Business-Type Activities: Net Investment in Capital Assets 109,535,106$ 116,288,771$ 129,086,090$ 135,324,120$ Restricted 324,125 323,875 323,875 323,875 Unrestricted 11,318,290 8,420,410 9,757,400 10,791,344 Total Business-Type Activities Net Position 121,177,521$ 125,033,056$ 139,167,365$ 146,439,339$ Primary Government: Net Investment in Capital Assets 245,208,843$ 258,156,907$ 278,282,570$ 279,905,820$ Restricted 20,237,139 34,184,821 36,184,479 47,007,478 Unrestricted 17,192,527 3,491,242 14,035,026 16,827,726 Total Primary Government Net Position 282,638,509$ 295,832,970$ 328,502,075$ 343,741,024$ (1) Notes: (1) The City implemented GASB Statement No. 68 in 2015, recording a change in accounting principle that decreased unrestricted net position. Prior year balances were not restated. (2) The City implemented GASB Statement No. 75 in 2018, recording a change in accounting principle that decreased unrestricted net position. Prior year balances were not restated. (3) The City implemented GASB Statement No. 84 in 2019, recording a change in accounting principle that increased restricted net position. Prior year balances were not restated. Page 476 of 532 CITY OF LAKEVILLE NET POSITION BY COMPONENT – GOVERNMENT-WIDE (CONTINUED) LAST TEN FISCAL YEARS (ACCRUAL BASIS OF ACCOUNTING) (128) 2018 2019 2020 2021 2022 2023 142,300,205$ 154,468,792$ 167,619,658$ 183,876,386$ 218,867,352$ 240,978,608$ 45,267,313 56,356,434 69,458,557 69,329,217 82,302,974 73,224,358 15,427,439 24,178,084 32,249,615 39,709,366 16,378,884 17,814,210 202,994,957$ 235,003,310$ 269,327,830$ 292,914,969$ 317,549,210$ 332,017,176$ 138,725,763$ 143,501,608$ 151,132,001$ 170,514,908$ 180,563,445$ 188,259,693$ - - - - - - 13,878,208 15,142,309 18,258,536 25,479,132 28,938,525 32,950,342 152,603,971$ 158,643,917$ 169,390,537$ 195,994,040$ 209,501,970$ 221,210,035$ 281,025,968$ 297,970,400$ 318,751,659$ 354,391,294$ 399,430,797$ 429,238,301$ 45,267,313 56,356,434 69,458,557 69,329,217 82,302,974 73,224,358 29,305,647 39,320,393 50,508,151 65,188,498 45,317,409 50,764,552 355,598,928$ 393,647,227$ 438,718,367$ 488,909,009$ 527,051,180$ 553,227,211$ (2)(3) Page 477 of 532 CITY OF LAKEVILLE CHANGES IN NET POSITION BY COMPONENT – GOVERNMENTAL ACTIVITIES LAST TEN FISCAL YEARS (ACCRUAL BASIS OF ACCOUNTING) (129) 2014 2015 2016 2017 Expenses: General government 6,051,985$ 5,893,261$ 8,028,316$ 4,579,478$ Public safety 11,807,183 12,236,411 16,369,670 14,250,572 Public works 14,776,390 15,365,976 17,711,240 18,944,454 Parks and recreation 5,202,168 5,762,890 5,626,149 6,645,057 Interest on long-term debt 3,665,421 3,296,665 3,930,168 3,268,426 Total expenses 41,503,147 42,555,203 51,665,543 47,687,987 Program Revenues: Charges for Services: General government 3,219,644 3,730,342 4,094,298 4,348,910 Public safety 660,910 926,168 954,395 934,444 Public works 5,280,338 8,311,017 8,401,512 7,081,317 Parks and recreation 2,808,885 3,699,025 3,685,202 2,369,615 Operating Grants and Contributions General government 5,399 7,132 772,998 68,095 Public safety 825,434 980,310 989,342 1,061,252 Public works 3,665,373 4,145,806 4,942,834 1,382,380 Parks and recreation 66,575 186,118 91,869 55,300 Capital Grants and Contributions General government 2,762,609 77,006 138,593 62,101 Public safety - - 8,500 - Public works 6,892,230 12,702,266 23,604,519 13,018,689 Parks and recreation 436,107 1,004,480 2,932,612 182,387 Total program revenues 26,623,504 35,769,670 50,616,674 30,564,490 Net Revenue (Expense): General government (64,333) (2,078,781) (3,022,427) (100,372) Public safety (10,320,839) (10,329,933) (14,417,433) (12,254,876) Public works 1,061,551 9,793,113 19,237,625 2,537,932 Parks and recreation (1,890,601) (873,267) 1,083,534 (4,037,755) Interest on long-term debt (3,665,421) (3,296,665) (3,930,168) (3,268,426) Total net (expense) revenue (14,879,643) (6,785,533) (1,048,869) (17,123,497) General Revenues and Other Changes in Net Position: Property taxes 24,465,333 25,338,778 26,173,822 27,317,169 Investment earnings (charges)552,444 368,232 388,672 597,513 Transfers in (out)1,565,481 (1,549,881) (6,978,829) (2,824,210) Total general revenues and other (net)26,583,258 24,157,129 19,583,665 25,090,472 Change in Net Position: Governmental Activities 11,703,615$ 17,371,596$ 18,534,796$ 7,966,975$ (1) Notes: (1) The City implemented GASB Statement No. 68 in 2015, recording a change in accounting principle that decreased unrestricted net position. Prior year balances were not restated. (2) The City implemented GASB Statement No. 75 in 2018, recording a change in accounting principle that decreased unrestricted net position. Prior year balances were not restated. (3) The City implemented GASB Statement No. 84 in 2019, recording a change in accounting principle that increased restricted net position. Prior year balances were not restated. Page 478 of 532 CITY OF LAKEVILLE CHANGES IN NET POSITION BY COMPONENT – GOVERNMENTAL ACTIVITIES (CONTINUED) LAST TEN FISCAL YEARS (ACCRUAL BASIS OF ACCOUNTING) (130) 2018 2019 2020 2021 2022 2023 7,203,308$ 7,902,490$ 8,994,404$ 8,966,246$ 9,999,721$ 9,899,710$ 14,141,045 14,927,426 16,063,433 14,226,059 19,313,383 20,139,088 22,336,416 21,015,480 22,623,378 21,462,578 25,477,542 29,136,552 6,661,852 7,178,164 6,578,004 7,791,954 7,762,349 10,117,834 3,468,814 3,332,465 3,147,896 1,199,275 3,966,703 2,903,304 53,811,435 54,356,025 57,407,115 53,646,112 66,519,698 72,196,488 5,584,036 6,506,302 6,573,673 6,303,733 7,064,177 6,587,921 1,059,236 838,664 638,887 817,539 810,708 835,053 6,792,249 9,166,886 11,300,325 10,569,326 9,903,121 6,620,758 2,455,851 4,098,580 3,071,803 5,501,844 5,568,006 2,506,421 23,772 97,964 917,379 156,783 206,244 76,861 1,149,691 1,168,857 5,100,592 1,270,607 6,425,656 4,655,977 4,313,934 3,142,430 3,461,526 547,841 7,056,438 3,681,717 11,422 204,737 316,067 89,442 668,708 978,532 61,193 116,750 149,610 79,173 55,044 304,539 - - - - - - 9,183,039 21,234,628 23,710,868 24,529,021 22,352,046 16,919,544 194,327 112,725 180,924 195,025 165,277 205,018 30,828,750 46,688,523 55,421,654 50,060,334 60,275,425 43,372,341 (1,534,307) (1,181,474) (1,353,742) (2,426,557) (2,674,256) (2,930,389) (11,932,118) (12,919,905) (10,323,954) (12,137,913) (12,077,019) (14,648,058) (2,047,194) 12,528,464 15,849,341 14,183,610 13,834,063 (1,914,533) (4,000,252) (2,762,122) (3,009,210) (2,005,643) (1,360,358) (6,427,863) (3,468,814) (3,332,465) (3,147,896) (1,199,275) (3,966,703) (2,903,304) (22,982,685) (7,667,502) (1,985,461) (3,585,778) (6,244,273) (28,824,147) 28,641,302 30,897,445 33,033,079 35,051,089 36,822,483 40,247,761 907,138 2,769,074 2,144,654 (1,003,311) (6,316,145) 5,834,294 (492,418) 1,162,124 1,132,248 (6,874,861) 372,176 (2,789,942) 29,056,022 34,828,643 36,309,981 27,172,917 30,878,514 43,292,113 6,073,337$ 27,161,141$ 34,324,520$ 23,587,139$ 24,634,241$ 14,467,966$ (2)(3) Page 479 of 532 CITY OF LAKEVILLE CHANGES IN NET POSITION BY COMPONENT – BUSINESS-TYPE ACTIVITIES LAST TEN FISCAL YEARS (ACCRUAL BASIS OF ACCOUNTING) (131) 2014 2015 2016 2017 Expenses: Liquor 13,577,019$ 12,852,980$ 13,268,419$ 13,638,043$ Utility 11,462,552 11,946,778 13,558,839 14,138,885 Total expenses 25,039,571 24,799,758 26,827,258 27,776,928 Program Revenues: Charges for Services: Liquor 14,883,858 13,611,294 14,130,830 14,583,514 Utility 9,296,118 9,216,463 10,692,185 12,585,450 Operating Grants and Contributions Liquor 3,762 3,762 3,762 6,716 Utility 112,181 85,754 111,572 166,227 Capital Grants and Contributions Utility 4,252,192 6,009,075 8,973,280 4,791,313 Total program revenues 28,548,111 28,926,348 33,911,629 32,133,220 Net Revenue (Expense): Liquor 1,310,601 762,076 866,173 952,187 Utility 2,197,939 3,364,514 6,218,198 3,404,105 Total net (expense) revenue 3,508,540 4,126,590 7,084,371 4,356,292 General Revenues and Other Changes in Net Position: Investment income (charges)150,310 52,461 71,109 91,472 Disposal of capital assets - - - - Transfers in (out)(1,565,481) 1,549,881 6,978,829 2,824,210 Total general revenues and other (net)(1,415,171) 1,602,342 7,049,938 2,915,682 Change in Net Position: Business-type Activities 2,093,369$ 5,728,932$ 14,134,309$ 7,271,974$ (1) Notes: (1) The City implemented GASB Statement No. 68 in 2015, recording a change in accounting principle that decreased unrestricted net position. Prior year balances were not restated. (2) The City implemented GASB Statement No. 75 in 2018, recording a change in accounting principle that decreased unrestricted net position. Prior year balances were not restated. Page 480 of 532 CITY OF LAKEVILLE CHANGES IN NET POSITION BY COMPONENT – BUSINESS-TYPE ACTIVITIES (CONTINUED) LAST TEN FISCAL YEARS (ACCRUAL BASIS OF ACCOUNTING) (132) 2018 2019 2020 2021 2022 2023 14,234,337$ 15,267,133$ 16,735,031$ 18,069,171$ 20,652,588$ 21,726,194$ 14,815,914 16,386,516 17,518,091 17,512,988 20,307,370 22,854,878 29,050,251 31,653,649 34,253,122 35,582,159 40,959,958 44,581,072 15,276,433 16,288,986 18,262,397 19,683,002 21,894,980 22,692,555 13,613,145 14,215,952 17,308,481 21,235,961 22,031,929 22,715,704 13,421 6,453 76,810 5,445 8,778 163 51,035 643,919 85,499 489,647 786,804 1,028,276 4,075,854 7,240,758 10,045,894 14,094,676 11,492,752 5,739,878 33,029,888 38,396,068 45,779,081 55,508,731 56,215,243 52,176,576 1,055,517 1,028,306 1,604,176 1,619,276 1,251,170 966,524 2,924,120 5,714,113 9,921,783 18,307,296 14,004,115 6,628,980 3,979,637 6,742,419 11,525,959 19,926,572 15,255,285 7,595,504 160,165 459,651 352,909 (197,930) (1,375,179) 1,322,619 1,601,334 - - - - - 492,418 (1,162,124) (1,132,248) 6,874,861 (372,176) 2,789,942 2,253,917 (702,473) (779,339) 6,676,931 (1,747,355) 4,112,561 6,233,554$ 6,039,946$ 10,746,620$ 26,603,503$ 13,507,930$ 11,708,065$ (2) Page 481 of 532 CITY OF LAKEVILLE CHANGES IN NET POSITION BY COMPONENT – TOTAL GOVERNMENTAL AND BUSINESS-TYPE ACTIVITIES LAST TEN FISCAL YEARS (ACCRUAL BASIS OF ACCOUNTING) (133) 2014 2015 2016 2017 Expenses: Governmental activities 41,503,147$ 42,555,203$ 51,665,543$ 47,687,987$ Business-type activities 25,039,571 24,799,758 26,827,258 27,776,928 Total expenses 66,542,718 67,354,961 78,492,801 75,464,915 Program Revenues: Governmental activities 26,623,504 35,769,670 50,616,674 30,564,490 Business-type activities 28,548,111 28,926,348 33,911,629 32,133,220 Total program revenues 55,171,615 64,696,018 84,528,303 62,697,710 Net Revenue (Expense): Governmental activities (14,879,643) (6,785,533) (1,048,869) (17,123,497) Business-type activities 3,508,540 4,126,590 7,084,371 4,356,292 Total net (expense) revenue (11,371,103) (2,658,943) 6,035,502 (12,767,205) General Revenues and Other Changes in Net Position: Governmental activities 26,583,258 24,157,129 19,583,665 25,090,472 Business-type activities (1,415,171) 1,602,342 7,049,938 2,915,682 Total general revenues and other (net)25,168,087 25,759,471 26,633,603 28,006,154 Change in Net Position: Governmental activities 11,703,615 17,371,596 18,534,796 7,966,975 Business-type activities 2,093,369 5,728,932 14,134,309 7,271,974 Total change in net position 13,796,984$ 23,100,528$ 32,669,105$ 15,238,949$ (1) Note: (1) The City implemented GASB Statement No. 68 in 2015, recording a change in accounting principle that decreased unrestricted net position. Prior year balances were not restated. (2) The City implemented GASB Statement No. 75 in 2018, recording a change in accounting principle that decreased unrestricted net position. Prior year balances were not restated. (3) The City implemented GASB Statement No. 84 in 2019, recording a change in accounting principle that increased restricted net position. Prior year balances were not restated. Page 482 of 532 CITY OF LAKEVILLE CHANGES IN NET POSITION BY COMPONENT – TOTAL GOVERNMENTAL AND BUSINESS-TYPE ACTIVITIES (CONTINUED) LAST TEN FISCAL YEARS (ACCRUAL BASIS OF ACCOUNTING) (134) 2018 2019 2020 2021 2022 2023 53,811,435$ 54,356,025$ 57,407,115$ 53,646,112$ 66,519,698$ 72,196,488$ 29,050,251 31,653,649 34,253,122 35,582,159 40,959,958 44,581,072 82,861,686 86,009,674 91,660,237 89,228,271 107,479,656 116,777,560 30,828,750 46,688,523 55,421,654 50,060,334 60,275,425 43,372,341 33,029,888 38,396,068 45,779,081 55,508,731 56,215,243 52,176,576 63,858,638 85,084,591 101,200,735 105,569,065 116,490,668 95,548,917 (22,982,685) (7,667,502) (1,985,461) (3,585,778) (6,244,273) (28,824,147) 3,979,637 6,742,419 11,525,959 19,926,572 15,255,285 7,595,504 (19,003,048) (925,083) 9,540,498 16,340,794 9,011,012 (21,228,643) 29,056,022 34,828,643 36,309,981 27,172,917 30,878,514 43,292,113 2,253,917 (702,473) (779,339) 6,676,931 (1,747,355) 4,112,561 31,309,939 34,126,170 35,530,642 33,849,848 29,131,159 47,404,674 6,073,337 27,161,141 34,324,520 23,587,139 24,634,241 14,467,966 6,233,554 6,039,946 10,746,620 26,603,503 13,507,930 11,708,065 12,306,891$ 33,201,087$ 45,071,140$ 50,190,642$ 38,142,171$ 26,176,031$ (2)(3) Page 483 of 532 CITY OF LAKEVILLE FUND BALANCES – GOVERNMENTAL FUNDS LAST TEN FISCAL YEARS (MODIFIED ACCRUAL BASIS OF ACCOUNTING) (135) 2014 2015 2016 2017 General Fund: Nonspendable 221,704$ 447,284$ 695,830$ 914,375$ Restricted - - - - Committed 45,000 45,000 - - Assigned - - 1,478,522 741,864 Unassigned 10,805,065 11,882,644 12,902,148 13,613,203 Total general fund 11,071,769 12,374,928 15,076,500 15,269,442 All Other Governmental Funds: Nonspendable 169 - - - Restricted 44,319,872 35,659,756 37,947,697 29,887,820 Committed 17,154,096 17,937,431 21,651,118 26,519,559 Unassigned (632,035) (3,492,389) (726,681) (876,594) Total all other governmental funds 60,842,102 50,104,798 58,872,134 55,530,785 Total Governmental Funds: Nonspendable 221,873 447,284 695,830 914,375 Restricted 44,319,872 35,659,756 37,947,697 29,887,820 Committed 17,199,096 17,982,431 21,651,118 26,519,559 Assigned - - 1,478,522 741,864 Unassigned 10,173,030 8,390,255 12,175,467 12,736,609 Total governmental funds 71,913,871$ 62,479,726$ 73,948,634$ 70,800,227$ All governmental funds percentage change 92.9%-13.1%18.4%-4.3% Page 484 of 532 CITY OF LAKEVILLE FUND BALANCES – GOVERNMENTAL FUNDS (CONTINUED) LAST TEN FISCAL YEARS (MODIFIED ACCRUAL BASIS OF ACCOUNTING) (136) 2018 2019 2020 2021 2022 2023 876,394$ 748,231$ 811,338$ 666,451$ 254,180$ 279,568$ - 175,590 - 5,000 - 1,850,000 - 100,000 200,000 - - - 705,500 749,675 1,675,125 2,493,300 2,711,000 1,528,414 14,011,567 15,429,752 22,053,166 20,821,071 19,042,227 18,715,015 15,593,461 17,203,248 24,739,629 23,985,822 22,007,407 22,372,997 11,630 - - - - - 25,773,762 36,333,665 41,694,538 46,337,784 63,559,319 51,346,145 30,327,238 36,071,889 40,241,806 44,233,989 44,954,814 48,514,099 (415,577) (428,702) (1,084,565) (993,783) (622,177) (30,377) 55,697,053 71,976,852 80,851,779 89,577,990 107,891,956 99,829,867 888,024 748,231 811,338 666,451 254,180 279,568 25,773,762 36,509,255 41,694,538 46,342,784 63,559,319 53,196,145 30,327,238 36,171,889 40,441,806 44,233,989 44,954,814 48,514,099 705,500 749,675 1,675,125 2,493,300 2,711,000 1,528,414 13,595,990 15,001,050 20,968,601 19,827,288 18,420,050 18,684,638 71,290,514$ 89,180,100$ 105,591,408$ 113,563,812$ 129,899,363$ 122,202,864$ 0.7%25.1%18.4%7.6%14.4%-5.9% Page 485 of 532 CITY OF LAKEVILLE CHANGES IN FUND BALANCES – GOVERNMENTAL FUNDS LAST TEN FISCAL YEARS (MODIFIED ACCRUAL BASIS OF ACCOUNTING) (137) 2014 2015 2016 2017 Revenues: Property taxes and tax increment 24,524,709$ 25,215,734$ 26,131,569$ 27,401,195$ Licenses and permits 2,836,555 3,325,293 3,706,567 3,988,189 Intergovernmental 4,979,156 5,232,193 9,043,356 3,771,886 Charges for services 8,405,492 12,443,152 13,289,708 10,016,017 Special assessments 1,636,267 1,736,905 2,308,223 2,812,587 Investment income (charges)548,842 366,555 387,604 597,513 Donations 242,627 356,446 550,255 238,383 Miscellaneous 3,411,579 1,155,073 2,828,177 846,035 Total Revenues 46,585,227 49,831,351 58,245,459 49,671,805 Expenditures: General government 5,690,230 5,226,864 5,783,013 6,424,260 Public safety 10,305,450 10,892,071 11,513,170 12,775,807 Public works 3,805,470 3,856,984 4,245,072 9,786,321 Parks and recreation 3,330,488 3,532,376 3,497,041 5,222,503 Capital outlay 21,420,875 31,649,447 37,938,823 11,995,449 Debt Service: Principal retirement 5,995,000 7,385,000 5,935,000 6,885,000 Interest on debt 3,700,590 3,735,120 3,970,010 3,881,179 Fiscal charges 176,789 33,071 327,052 129,158 Total Expenditures 54,424,892 66,310,933 73,209,181 57,099,677 Excess (Deficiency) of Revenues Over (Under) Expenditures (7,839,665) (16,479,582) (14,963,722) (7,427,872) Other Financing Sources (Uses): Transfers in 3,489,225 6,883,879 5,179,668 8,355,474 Transfers out (1,644,624) (4,928,951) (3,222,237) (6,661,840) Bond, note, loan and lease proceeds 21,180,000 16,545,000 31,075,000 11,987,171 Payment on refunded bonds called (10,035,000) (12,460,000) (9,535,000) (11,368,146) Premium on bonds issued 1,981,519 1,005,509 2,626,731 1,309,907 Sale of capital assets - - - 516,380 Total Other Financing Sources (Uses)14,971,120 7,045,437 26,124,162 4,138,946 Net Change in Fund Balances 7,131,455$ (9,434,145)$ 11,160,440$ (3,288,926)$ Debt Service as a Percentage of Noncapital Expenditures 25.3%25.6%19.6%22.6% Note: The City has no taxes other than property taxes and tax increment. Page 486 of 532 CITY OF LAKEVILLE CHANGES IN FUND BALANCES – GOVERNMENTAL FUNDS (CONTINUED) LAST TEN FISCAL YEARS (MODIFIED ACCRUAL BASIS OF ACCOUNTING) (138) 2018 2019 2020 2021 2022 2023 28,612,384$ 30,855,832$ 32,983,369$ 35,146,364$ 36,815,539$ 40,226,889$ 3,899,604 4,492,109 5,600,853 5,081,480 4,490,895 4,091,103 5,090,762 8,901,495 14,571,858 3,813,869 17,279,101 15,259,457 11,828,549 15,046,177 15,239,684 17,343,792 17,586,719 11,096,772 3,139,103 3,683,354 3,953,438 3,023,130 3,478,667 7,934,564 907,138 2,769,074 2,144,654 (1,003,311) (6,316,145) 5,834,294 309,970 211,969 232,689 268,898 200,642 309,521 835,986 861,800 800,067 775,140 1,310,631 953,242 54,623,496 66,821,810 75,526,612 64,449,362 74,846,049 85,705,842 6,656,824 7,028,626 8,061,485 7,950,888 8,377,090 8,238,696 13,061,572 13,496,719 14,251,367 15,283,047 15,836,333 17,432,946 4,741,200 4,802,149 4,692,478 4,987,928 5,139,700 5,844,020 3,998,735 4,178,410 3,888,960 4,486,389 4,863,528 5,407,841 25,065,276 20,906,745 34,788,668 32,856,512 42,577,218 54,049,585 10,420,000 8,920,000 9,715,000 9,160,000 7,861,201 13,161,000 3,948,999 3,877,764 3,871,110 4,064,943 4,179,644 5,006,042 96,729 44,429 38,098 82,573 324,787 42,577 67,989,335 63,254,842 79,307,166 78,872,280 89,159,501 109,182,707 (13,365,839) 3,566,968 (3,780,554) (14,422,918) (14,313,452) (23,476,865) 6,038,479 5,120,699 6,522,720 9,636,510 15,996,085 8,829,311 (4,167,132) (2,980,605) (4,180,711) (7,736,781) (14,621,216) (6,576,539) 13,805,000 6,295,000 15,164,036 19,294,225 47,874,860 12,361,337 (3,320,000) - - - (23,540,000) - 1,005,336 1,065,624 2,391,960 1,090,191 4,115,966 779,235 530,734 107,645 249,015 258,880 868,415 307,368 13,892,417 9,608,363 20,147,020 22,543,025 30,694,110 15,700,712 526,578$ 13,175,331$ 16,366,466$ 8,120,107$ 16,380,658$ (7,776,153)$ 26.9%25.7%25.8%24.5%22.0%25.9% Page 487 of 532 CITY OF LAKEVILLE TAX CAPACITY VALUATION AND ASSESSOR’S TAXABLE MARKET VALUE OF TAXABLE PROPERTY LAST TEN FISCAL YEARS (139) Fiscal Year 2014 2015 2016 Taxable Net Tax Capacity Valuation of Taxable Property Tax capacity value 57,174,306$ 62,811,855$ 65,634,896$ Less: Captured tax increment tax capacity (861,019) (446,760) (497,171) Contributions to fiscal disparities pool (5,439,491) (5,481,001) (5,411,614) Plus: Distribution from fiscal disparities pool 6,316,073 6,323,361 6,635,572 Total taxable net tax capacity 57,189,869$ 63,207,455$ 66,361,683$ Taxable Net Tax Capacity Valuation by Class of Property Homestead residential 41,029,548$ 46,374,248$ 49,048,168$ Commercial/industrial, public utility, and personal property 13,833,973 14,223,709 14,754,095 Non-homestead residential/apartments 1,468,225 1,629,527 1,656,581 Agriculture and seasonal/recreational 858,123 979,971 902,839 Total taxable net tax capacity 57,189,869$ 63,207,455$ 66,361,683$ Assessor’s taxable market valuation 4,995,818,217$ 5,553,395,148$ 5,825,279,418$ Taxable net tax capacity as a percentage of assessor's taxable market value 1.145%1.138%1.139% Direct tax capacity rate 40.696%38.948%38.669% Notes: Taxes are determined by multiplying the taxable net tax capacity by the direct tax capacity rate as expressed as a percentage. The foregoing direct tax capacity rates do not reflect reductions for state property tax credits. Source: Dakota County Auditor and Treasurer’s Office. Page 488 of 532 CITY OF LAKEVILLE TAX CAPACITY VALUATION AND ASSESSOR’S TAXABLE MARKET VALUE OF TAXABLE PROPERTY (CONTINUED) LAST TEN FISCAL YEARS (140) 2017 2018 2019 2020 2021 2022 2023 69,887,094$ 75,422,344$ 82,737,259$ 90,729,405$ 97,138,303$ 106,343,200$ 130,077,811$ (596,348) (609,048) (774,382) (856,909) (1,085,470) (1,084,201) (647,312) (5,524,685) (5,828,030) (6,190,357) (6,645,636) (6,925,361) (7,645,703) (7,858,132) 7,139,972 7,672,379 8,151,580 9,049,794 9,522,500 10,270,657 11,246,438 70,906,033$ 76,657,645$ 83,924,100$ 92,276,654$ 98,649,972$ 107,883,953$ 132,818,805$ 52,427,026$ 57,017,144$ 63,032,149$ 69,577,579$ 73,762,668$ 81,813,145$ 101,495,866$ 15,842,447 16,870,980 17,893,911 19,164,426 20,997,684 21,583,053 25,302,537 1,736,856 1,938,329 2,206,240 2,738,491 3,143,112 3,810,748 5,256,004 899,704 831,192 791,800 796,158 746,508 677,007 764,398 70,906,033$ 76,657,645$ 83,924,100$ 92,276,654$ 98,649,972$ 107,883,953$ 132,818,805$ 6,201,221,856$ 6,702,242,762$ 7,374,033,988$ 8,106,672,140$ 8,636,691,303$ 9,503,255,659$ 11,592,195,438$ 1.143%1.144%1.138%1.138%1.142%1.135%1.146% 37.510%36.419%35.607%34.615%34.351%32.846%29.676% Page 489 of 532 CITY OF LAKEVILLE PROPERTY TAX RATES – DIRECT AND OVERLAPPING GOVERNMENTS LAST TEN FISCAL YEARS (141) Operating Debt Service Total Debt Service 2014 32.045% 8.651% 40.696% 0.00678% 31.827%- 192 56.326% 0.11117% 5.538% 134.387% 0.11795% 194 33.048% 0.25954%111.109% 0.26632% 196 27.606% 0.25809%105.667% 0.26487% 2015 30.605% 8.343% 38.948%- 29.633%- 192 53.474% 0.11550% 5.033% 127.088% 0.11550% 194 31.459% 0.24871%105.073% 0.24871% 196 23.271% 0.25484%96.885% 0.25484% 2016 30.455% 8.214% 38.669%- 28.570%- 192 57.584% 0.19065% 5.063% 129.886% 0.19065% 194 35.319% 0.27898%107.621% 0.27898% 196 24.317% 0.26999%96.619% 0.26999% 2017 29.342% 8.168% 37.510%- 28.004%- 192 54.269% 0.18481% 4.907% 124.690% 0.18481% 194 32.914% 0.25441%103.335% 0.25441% 196 23.336% 0.27380%93.757% 0.27380% 2018 29.305% 7.114% 36.419%- 26.580%- 192 52.825% 0.18495% 4.307% 120.131% 0.18495% 194 32.992% 0.26835%100.298% 0.26835% 196 21.352% 0.26715%88.658% 0.26715% 2019 27.192% 8.415% 35.607%- 25.386%- 192 51.401% 0.18968% 4.227% 116.621% 0.18968% 194 32.535% 0.26992%97.755% 0.26992% 196 20.613% 0.26162%85.833% 0.26162% 2020 26.682% 7.933% 34.615%- 24.133%- 192 53.105% 0.18904% 4.030% 115.883% 0.18904% 194 34.851% 0.31225%97.629% 0.31225% 196 19.860% 0.34367%82.638% 0.34367% 2021 26.281% 8.070% 34.351%- 22.716%- 192 50.805% 0.18392% 3.802% 111.674% 0.18392% 194 33.894% 0.27269%94.763% 0.27269% 196 20.046% 0.32712%80.915% 0.32712% 2022 25.755% 7.091% 32.846%- 21.630%- 192 49.481% 0.18244% 3.729% 107.686% 0.18244% 194 33.983% 0.25582%92.188% 0.25582% 196 19.971% 0.31336%78.176% 0.31336% 2023 22.485% 7.191% 29.676%- 18.816%- 192 38.497% 0.18725% 3.201% 90.190% 0.18725% 194 29.473% 0.26581%81.166% 0.26581% 196 17.904% 0.29771%69.597% 0.29771% Notes: Taxes are determined by multiplying the taxable net tax capacity by the tax capacity rate and market valued based rate expressed as a percentage. The foregoing tax capacity rates do not reflect reductions for state property tax credits. Special Districts include: Metropolitan Mosquito Control, Metropolitan Council, Metropolitan Transit District, Dakota County Community Development Agency, Light Rail Authority, and Vermillion River Watershed District. Source: Dakota County Auditor and Treasurer’s Office. Per Dakota County - Final Tax Rates Pay 2023 table Overlapping Rates City of Lakeville Total Direct and Direct Rates Dakota County School District Overlapping RatesSpecial Districts Levy (Tax Capacity- based) Tax Capacity - based Market Value- based General Levy (Tax Capacity-based) Fiscal Year Referendum Levy (Market Value-based) General Levy (Tax Capacity- based) Referendum Levy (Market Value-based) General Levy (Tax Capacity- based) Referendum Levy (Market Value-based) Ind. School District Page 490 of 532 CITY OF LAKEVILLE PRINCIPAL PROPERTY TAXPAYERS FISCAL YEARS ENDED DECEMBER 31, 2022 AND DECEMBER 31, 2013 (142) Percentage Percentage Taxable of Taxable Taxable of Taxable Tax Tax Tax Tax Capacity Capacity Capacity Capacity Principal Property Taxpayer Type of Business Value Rank Value Value Rank Value SP Lakeville Development LLC Industrial 918,734$ 1 0.7%-$ 0.0% Continental 476 Fund LLC Apartment 711,576 2 0.5%- 0.0% IRET Southfork Apartments LLC Apartments 677,710 3 0.5%- 0.0% Minnegasco/Centerpoint Utility 533,140 4 0.4% 215,522 8 0.4% Dakota Electric Association Utility - 0.0% 268,116 3 0.5% KJPL Lakeville LLC Apartment 402,418 5 0.3%Fulford Group, LLC Agriculture 400,289 6 0.3%First Industrial LP Industrial 376,350 7 0.3% Lakeville 2004, LLC Commercial 364,634 8 0.3% 331,302 1 0.6%Setzer Properties SMN LLC Industrial 358,435 9 0.3%KJPL Avonlea LLC Apartments 356,808 10 0.3% EREP Heritage Commons, LLC Retail 319,220 2 0.6%Inland Argonne Village, LLC Retail 254,243 5 0.4% Walker Highview Hills, LLC Apartments 246,873 6 0.4% FR/CAL Interstate South LLC Industrial 230,222 9 0.4% Target Corporation Retail 256,414 4 0.4% LFT Real Estate Company Inc.Real Estate 238,810 7 0.4% Xcel Energy Utility 215,522 10 0.4% Total principal taxpayers 5,100,094 3.8% 2,576,244 4.5% All other taxpayers 127,718,711 96.2% 54,613,625 95.5% Total City of Lakeville taxpayers 132,818,805$ 100.0% 57,189,869$ 100.0% Source: Dakota County Auditor and Treasurer’s Office. 2023 2014 Page 491 of 532 CITY OF LAKEVILLE PROPERTY TAX LEVY AND COLLECTIONS LAST TEN FISCAL YEARS (143) Percentage of Total Total Tax Collection Collections Fiscal Levy for of Prior Total To Tax Levy Year Fiscal Year (1)Amount (2)Percent Year Levy (3)Collections Certified 2014 23,657,996 23,541,510 99.51% 116,486 23,657,996 100.00% 2015 24,728,549 24,568,028 99.35% 160,521 24,728,549 100.00% 2016 25,679,619 25,566,236 99.56% 113,383 25,679,619 100.00% 2017 26,679,614 26,534,636 99.46% 144,978 26,679,614 100.00% 2018 28,001,550 27,857,045 99.48% 144,505 28,001,550 99.97% 2019 29,948,890 29,815,159 99.55%89,250 29,904,409 99.94% 2020 32,031,000 31,840,067 99.40% 111,541 31,951,608 99.90% 2021 33,911,570 33,753,733 99.53% 157,837 33,911,570 100.00% 2022 35,590,000 35,485,096 99.71%18,757 35,503,853 99.71% 2023 39,771,000 39,513,394 99.35%- 39,513,394 99.35% Notes (1)Total levy is net of current year cancellations and abatements. (2)Total tax levy and current tax collections include state paid credits. (3)Includes county adjustments for prior year over collections, cancellations, and abatements. Collection of Current Year's Levy Page 492 of 532 CITY OF LAKEVILLE RATIO OF TOTAL DEBT BY TYPE LAST TEN FISCAL YEARS (144) Total General Loans and Total Outstanding Fiscal Obligation Other Notes Financed Lease Revenue Outstanding Population Debt Year Bonds Bonds Payable Purchase Liability Bond Debt (1)Per Capita 2014 106,516,778 8,133,239 1,159,843 - 3,088,529 118,898,389 59,361 3.8 2,003 2015 104,062,522 7,886,294 1,159,843 - 2,911,996 116,020,655 59,991 3.6 1,934 2016 121,958,354 7,781,645 1,159,843 - 9,952,577 140,852,419 60,965 4.2 2,310 2017 113,666,228 7,417,448 1,897,014 - 8,258,468 131,239,158 61,993 3.7 2,117 2018 112,553,287 7,018,251 3,897,014 - 8,571,877 132,040,429 64,334 3.4 2,052 2019 111,718,611 6,614,054 2,897,014 - 8,876,565 130,106,244 65,831 3.2 1,976 2020 115,000,111 6,199,857 7,071,050 1,810,000 11,566,742 136,473,724 69,490 3.0 1,964 2021 124,710,301 5,685,403 12,945,275 1,570,000 11,729,716 155,070,695 72,135 3.2 2,150 2022 148,534,254 - 12,408,934 1,325,000 3,689,281 10,605,601 176,563,070 73,828 3.4 2,392 2023 146,062,183 - 13,024,271 1,075,000 3,374,280 9,386,085 172,921,819 75,217 N/A 2,299 Source: (1) Metropolitan Council as of April 1 (2020 Federal Census). (2) See Demographic and Economic Statistics page. N/A - Not available. Governmental Activities Income (2) Personal % of Business-type Activities Page 493 of 532 CITY OF LAKEVILLE RATIO OF NET BONDED DEBT OUTSTANDING LAST TEN FISCAL YEARS (145) Percentage Net Gross Debt Payable Debt Service Net Taxable of Net Bonded Bonded Fiscal Bonded From Other Monies Bonded Net Tax Debt to Taxable (3)Debt Year Debt Sources (1)Available (2)Debt Capacity Net Tax Capacity Population Per Capita 2014 106,516,778 35,640,000 31,852,035 39,024,743 57,189,869 68.24%59,361 657 2015 104,062,522 44,340,000 18,541,682 41,180,840 63,207,455 65.15%59,991 686 2016 121,958,354 64,845,000 15,928,687 41,184,667 66,361,683 62.06%60,965 676 2017 123,338,676 67,940,000 6,261,464 49,137,212 70,906,033 69.30%61,993 793 2018 121,826,538 70,660,000 4,128,788 47,037,750 76,657,645 61.36%64,334 731 2019 120,372,665 71,840,000 4,239,541 44,293,124 83,924,100 52.78%65,831 673 2020 124,906,982 75,440,000 4,355,292 45,111,690 92,276,654 48.89%65,831 685 2021 124,710,301 69,405,000 4,373,669 50,931,632 98,649,972 51.63%69,490 733 2022 148,534,254 73,205,000 1,648,727 73,680,527 107,883,953 68.30%72,135 1,021 2023 146,062,183 66,690,000 5,664,382 73,707,801 132,818,805 55.50%75,217 980 Source: (1) G.O. Improvement bonds, tax increment bonds, State-aid street revenue bonds, water connection revenue bonds, and arena revenue bonds. (2) Debt service monies available include amounts restricted in the debt service funds repaying the related debt. We believe this is the most accurate and consistent representation of the resources restricted for debt service when crossover refunding bonds are being held in escrow, as those resources are not included in the governmental activities net position restricted for debt service due to conversion for full accrual accounting. (3) Metropolitan Council as of April 1, except for 2020 (Federal Census). Page 494 of 532 CITY OF LAKEVILLE DIRECT AND OVERLAPPING GOVERNMENTAL DEBT AS OF DECEMBER 31, 2023 (146) Debt Applicable to Taxable Debt Net Tax Capacity in the City Governmental Unit Outstanding (2)Percentage (2)Amount Overlapping Debt (1) Independent School District #194 174,415,000$ 84.21% 146,874,872$ Independent School District #192 114,450,000 21.00% 24,034,500 Independent School District #196 85,430,000 8.06% 6,885,658 Special District Metropolitan Council 218,520,000 2.96%6,452,320 184,247,350 Direct Debt City of Lakeville bonded debt 146,062,183 100.00%146,062,183 330,309,533$ Source: Debt figures and applicable percentages for other than the City of Lakeville are provided by the City’s fiscal consultant Northland Securities. Notes: (1) (2) Total overlapping debt Total direct and overlapping debt The percentage of overlapping debt applicable is estimated using taxable property market values. Applicable percentages were estimated by determining the portion of the county’s taxable market value that is within the City’s boundaries and dividing it by the county’s total taxable market value. Overlapping governments are those that coincide, at least in part, with the geographical boundaries of the City. This schedule estimates the portion of the outstanding debt of those overlapping governments that is borne by the residents and businesses of the City. This process recognizes that, when considering the government’s ability to issue and repay long-term debt, the entire debt burden borne by the residents and businesses should be taken into account. However, this does not imply that every taxpayer is a resident, and therefore responsible for repaying the debt, of each overlapping government. Page 495 of 532 CITY OF LAKEVILLE LEGAL DEBT MARGIN LAST TEN FISCAL YEARS (147) Net Bonded Assessor’s Net Bonded Debt Applicable Taxable Debt Legal to Debt Limit as Fiscal Market Legal Applicable to Debt a Percentage of Year Valuation Debt Limit Debt Limit Margin Legal Debt Limit 2014 4,995,818,217 149,874,547 37,837,965 112,036,582 25.25% 2015 5,553,395,148 166,601,854 36,323,318 130,278,536 21.80% 2016 5,825,279,418 174,758,383 34,776,313 139,982,070 19.90% 2017 6,201,221,856 186,036,656 32,593,536 153,443,120 17.52% 2018 6,702,242,762 201,067,283 32,676,212 168,391,071 16.25% 2019 7,374,033,988 221,221,020 30,120,459 191,100,561 13.62% 2020 8,106,672,140 243,200,164 25,799,708 217,400,456 10.61% 2021 8,636,691,303 259,100,739 42,081,331 217,019,408 16.24% 2022 9,503,255,659 285,097,670 63,586,273 221,511,397 22.30% 2023 11,592,195,438 347,765,863 64,670,618 283,095,245 18.60% Legal Debt Margin Calculation:Fiscal Year 2023 Assessor’s taxable market valuation 11,592,195,438$ Legal debt limit: 3% of Assessor’s taxable market valuation 347,765,863$ Amount of debt applicable to legal debt limit: Gross bonded debt 146,760,000$ Less debt payable from sources other than taxes: G.O. Improvement bonds 57,630,000$ Tax increment bonds - State-aid street revenue bonds 3,470,000 Water connection revenue bonds 5,590,000 HRA lease revenue 1,075,000 Water revenue bonds 8,380,000 Street Light revenue bonds 145,000 Sewer revenue bonds 135,000 (76,425,000) Debt payable from taxes 70,335,000 Less debt service monies available to pay principal and interest (5,664,382) Net bonded debt applicable to debt limit 64,670,618 64,670,618 Legal debt margin 283,095,245$ Note: Minnesota Statutes § 475.53, Subdivision 1, No municipality, except a school district or a city of the first class, shall incur or be subject to a net debt in excess of three percent of the taxable market value of taxable property in the municipality for years 2008 and beyond. Source: Dakota County Auditor and Treasurer’s Office. Page 496 of 532 CITY OF LAKEVILLE PLEDGED REVENUE COVERAGE LAST TEN FISCAL YEARS (148) Net Revenue Available Fiscal Gross (1)Operating For Debt Times Year Revenues Expenses Service Principal Interest Total Coverage 2014 9,181,527 4,942,276 4,239,251 1,415,000 674,644 2,089,644 2.03 2015 9,283,053 4,948,633 4,334,420 2,670,000 594,489 3,264,489 1.33 2016 10,530,436 5,389,869 5,140,567 595,000 652,577 1,247,577 4.12 2017 12,234,365 5,193,095 7,041,270 1,005,000 690,010 1,695,010 4.15 2018 8,361,880 3,099,485 5,262,395 865,000 513,715 1,378,715 3.82 2019 8,610,576 3,156,154 5,454,422 895,000 478,105 1,373,105 3.97 2020 11,989,250 6,222,639 5,766,611 750,000 439,350 1,189,350 4.85 2021 14,204,060 3,975,650 10,228,410 785,000 408,525 1,193,525 8.57 2022 13,233,699 5,077,177 8,156,522 420,000 368,110 788,110 10.35 2023 13,654,066 7,104,056 6,550,010 645,000 312,600 957,600 6.84 Notes: (1) The primary revenue source for debt service includes water system connection charges, water system user fees, ice arena net operating revenue and contributions from one organization conducting lawful gambling at approved locations, and liquor fund gross profits. (2) Revenue bonds include water connection revenue, arena revenue, and liquor revenue. Requirements (2) Page 497 of 532 CITY OF LAKEVILLE DEMOGRAPHIC AND ECONOMIC STATISTICS LAST TEN FISCAL YEARS (149) Percentage Personal Per Capita (1)Increase from Income (2)Personal Housing units Year Population Previous Year (in thousands)Income Single Multiple Total Valuation 2014 59,361 2.72%3,097,279 52,177 319 29 348 115,496,000 2015 59,991 1.06%3,222,117 53,710 366 54 420 125,929,000 2016 60,965 1.62%3,351,551 54,975 403 62 465 139,008,000 2017 61,993 1.69%3,573,153 57,638 487 44 531 160,520,000 2018 64,334 3.78%3,901,921 60,651 478 49 527 159,251,000 2019 65,831 2.33%4,075,861 61,914 556 64 620 180,622,000 2020 69,490 5.56%4,499,339 64,748 742 73 815 223,050,000 2021 72,135 3.81%4,899,914 67,927 663 73 736 205,419,000 2022 73,828 2.35%5,166,779 69,984 387 160 547 139,685,000 2023 75,217 1.88%N/A N/A 367 94 461 123,241,000 Annual percentage increase average last ten fiscal years 2.68%126.71%15,856 Labor Unemployment Labor Unemployment State of United Year Force Rate Force Rate Minnesota States 2014 33,493 2.9%231,538 3.2%3.6% 5.4% 2015 33,876 2.7%234,299 3.1%3.7% 4.8% 2016 33,793 3.0%232,091 3.4%4.1% 4.5% 2017 34,911 2.5%239,356 2.7%3.3% 4.1% 2018 35,758 2.4%240,195 2.7%3.2% 3.7% 2019 36,610 2.7%242,855 2.9%3.5% 3.4% 2020 36,025 3.8%233,902 4.3%4.9% 6.5% 2021 37,007 2.2%236,441 2.4%2.7% 3.7% 2022 38,904 2.5%241,966 2.7%3.2% 3.3% 2023 38,692 2.5%240,731 2.7%3.2% 3.3% Source: (1) Metropolitan Council as of April 1 (except for 2020 Federal Census). (2) U.S. Department of Commerce Bureau of Economic Analysis as of December 31, 2023, not seasonally adjusted. (3) City of Lakeville Inspections Department. N/A - Not available. Building Permits Issued Family Dwellings (3) Labor Force and Unemployment Rate (not seasonally adjusted) (2) City of Lakeville Dakota County Rates Page 498 of 532 CITY OF LAKEVILLE PRINCIPAL EMPLOYERS FISCAL YEARS ENDED DECEMBER 31, 2023 AND DECEMBER 31, 2014 (150) Principal Employer (1)Product/Service Employees Rank %Employees Rank % Independent School District #194 Elementary & secondary schools 2,282 1 5.9%1,684 1 5.0% Hearthside Food Solutions Food service contractors 457 2 1.2%715 2 2.1% Treehouse Brands Breakfast cereal products 452 3 1.2%515 3 1.5% Schmitty & Sons Bus Company Transportation 450 4 1.2%400 4 1.2% Amazon XL Fulfillment Center Warehouse & distribution 450 4 1.2%- 0.0% Post Consumer Brands Cereal production 420 5 1.1%250 5 0.7% BTD Manufacturing Metal manufacturing 390 6 1.0%210 8 0.6% City of Lakeville (2)City government 258 10 0.7%208 9 0.6% Buddy's Kitchen Food manufacturing and packaging 300 7 0.8%- 0.0% Menasha Corporation Corrugated & solid fiber box mfg.286 8 0.7%221 7 0.7% ImageTrend Software development 260 9 0.7%- 0.0% Despatch Industries, Inc.Industrial furnace & oven mfg.- 0.0%230 6 0.7% National Polymers, Inc.Plastics material & resin mfg.- 0.0%150 10 0.4% Total principal employers 6,005 15.5% 4,583 13.7% All other employers 32,687 84.5% 28,910 86.3% Total City of Lakeville civilian labor force (3)38,692 100.0% 33,493 100.0% Source: (1) Reference USA. (2) As of December 31, 2023 (full-time equivalent). (3) MN Department of Employment and Economic Development (DEED) as of December 31, 2023. 2023 2014 Page 499 of 532 CITY OF LAKEVILLE COMMERCIAL AND INDUSTRIAL BUILDING PERMITS ISSUED YEARS 2023 AND 2022 (151) BUSINESS PRODUCT/SERVICE VALUATION (1) Lakeville Specialty Center Medical office building 23,300,000$ Lakeville Office Warehouse Office warehouse 15,000,000 Magnum Trucking Warehouse 11,000,000 Lakeville Medical Building Medical office building 8,000,000 United Christian Academy Daycare building 7,000,000 New Creations Childcare facility 3,900,000 Cuddlebugs Childcare/educational facility 3,500,000 Goodwill Donation center 3,000,000 PetSuites of America Pet boarding 2,800,000 Lakeville Specialty Center Medical office building 2,200,000 Bubble Barn Car Wash Car wash 1,114,000 Panda Express Restaurant 1,957,000 Molldrem Family Denistry Dentist office 1,000,000 BUSINESS PRODUCT/SERVICE VALUATION (1) Allina Specialty clinic & surgery center 14,500,000$ MNGI Digestive health 3,850,000 Mendel Grocery Grocery store 3,500,000 Lakeville Primary Care Medical care 2,500,000 Aloft Aviation Flight school 2,000,000 The Goddard School Education 1,300,000 Christian Heritage Academy Education 1,200,000 Dalsin Industries Sheet metal manufacturing 925,000 Planet Fitness Fitness 822,000 Action Behavior Therapy 700,000 Advanced Oral Surgery Oral surgery 600,000 Quality Contour Precision machine shop 572,000 Regus Rental office space 500,000 Exuberance Chiro Holistic wellness 500,000 Notes: (1) Valuation excludes land and personal property. Source: City of Lakeville Inspections Department. NEW BUILDING PERMITS 2023 AND 2022 (in excess of $500,000) EXPANSION OR REMODEL BUILDING PERMITS 2023 AND 2022 (in excess of $500,000) Page 500 of 532 CITY OF LAKEVILLE EMPLOYEES BY FUNCTION/PROGRAM (FULL-TIME EQUIVALENT) LAST TEN FISCAL YEARS (152) Function/Program 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 General government City administration 2.8 3.0 3.0 3.0 3.0 3.0 3.0 3.0 2.6 3.0 Communications 4.0 4.0 3.9 4.5 5.2 5.2 5.0 5.2 5.2 4.9 City clerk 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.6 1.0 Finance 7.0 6.6 6.7 7.0 7.0 6.7 6.7 6.7 7.1 8.5 Information Technology 3.0 3.0 3.1 3.8 4.0 4.0 4.0 4.0 4.0 3.6 Human resources 2.8 3.2 4.0 4.0 4.0 4.0 4.0 4.0 4.0 5.0 Planning 3.5 3.5 3.5 4.2 4.5 4.5 4.5 4.2 4.8 3.5 Community and economic development 2.4 2.5 2.5 2.4 2.5 2.5 2.5 2.5 3.3 2.5 Protective inspection 7.0 7.6 8.0 8.4 9.0 9.1 9.8 10.3 10.5 10.2 General government buildings 3.0 3.0 4.6 5.5 6.0 6.2 6.5 5.7 5.3 5.4 Total general government 36.5 37.4 40.2 43.8 46.2 46.2 47.0 46.6 48.4 47.6 Public safety Police officers (sworn)54.0 52.8 54.7 54.6 57.0 61.0 61.7 61.0 66.4 65.5 Police administration 11.8 12.5 13.4 14.8 13.1 13.6 14.5 13.7 12.1 13.8 Fire (excluding volunteer firefighters)4.6 5.3 5.5 5.4 5.4 5.4 5.4 5.4 6.0 6.3 Total public safety 70.4 70.6 73.6 74.8 75.5 80.0 81.6 80.1 84.5 85.6 Public works Engineering 6.0 6.4 6.6 7.6 7.3 7.5 7.3 8.3 7.3 7.3 Forestry N/A N/A N/A N/A N/A N/A N/A N/A N/A 2.0 Construction Services 2.0 3.9 3.7 3.3 4.0 4.7 4.9 5.3 4.1 4.5 Street maintenance 21.0 20.4 21.6 21.7 21.9 22.7 23.0 22.2 22.9 22.1 Total public works 29.0 30.7 31.9 32.6 33.2 34.9 35.2 35.8 34.3 35.9 Parks and recreation Park maintenance 15.0 14.8 14.0 15.1 16.4 16.6 16.3 15.4 16.5 18.2 Recreation 5.6 5.5 5.8 6.5 6.4 6.5 6.3 7.8 7.5 6.5 Arts center 3.7 3.7 3.7 3.6 3.8 3.7 3.2 4.3 4.5 4.0 Total parks and recreation 24.3 24.0 23.5 25.2 26.6 26.8 25.8 27.5 28.5 28.7 Total governmental activities 160.2 162.7 169.2 176.4 181.5 187.9 189.6 190.0 195.7 197.8 Liquor 26.3 24.4 25.3 26.1 26.0 26.3 26.5 29.9 36.6 36.6 Utility 21.0 21.6 21.3 23.1 24.3 24.6 24.0 24.0 25.8 23.1 Total business-type activities 47.3 46.0 46.6 49.2 50.3 50.9 50.5 53.9 62.4 59.7 Total employees 207.5 208.7 215.8 225.6 231.8 238.8 240.1 243.9 258.1 257.5 Source: City of Lakeville Human Resources Department. Note: Includes full-time equivalent for both full and part time employees and accounts for overtime. Seasonal employees are not included for p Page 501 of 532 CITY OF LAKEVILLE OPERATING INDICATORS BY FUNCTION LAST TEN FISCAL YEARS (153) Function 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 General government Number of registered voters 36,571 N/A 41,124 N/A 41,693 N/A 44,511 N/A 48,064 N/A Number of final plats approved 16 23 19 20 25 16 20 20 22 8 Number of building permits issued 3,852 2,030 1,889 1,829 1,875 4,260 3,376 3,129 3,612 4,221 Valuation of building permits issued (in millions)139$ 183$ 218$ 248$ 234$ 276$ 403$ 331$ 292$ 218$ Public safety Total calls for service 35,980 47,072 47,724 38,036 43,268 46,006 32,327 35,784 42,258 51,565 Traffic stops 10,531 17,681 18,239 15,680 18,412 18,700 8,024 6,214 9,605 12,143 Non-traffic related calls 25,449 29,391 29,485 22,356 24,856 27,306 24,303 27,783 32,653 39,422 Number of volunteer firefighters 80 83 85 86 82 88 85 90 90 70 Number of annual fire calls 1,103 1,192 1,347 1,477 1,500 1,694 1,998 2,794 3,114 3,266 Public works City street miles added 4.5 4.5 17.0 3.1 3.6 7.5 7.0 10.8 5.4 4.7 Parks and recreation Park acres mowed 430 430 430 430 430 430 430 430 450 455 Park facility reservations taken 958 1,024 742 551 562 580 304 574 617 467 Program activity registrations taken 9,627 9,231 8,141 6,294 6,490 7,510 4,250 7,806 8,170 6,291 Liquor Annual sales (in millions)14.9$ 13.6$ 14.1$ 14.6$ 16.9$ 16.4$ 18.3$ 19.6$ 21.7$ 22.9$ Utility (in millions of gallons) Water (average daily consumption)5.5 5.2 5.5 5.8 5.8 5.2 6.3 7.5 7.4 7.8 Sanitary sewer (1)3.4 3.2 3.4 3.4 3.5 3.5 3.6 3.8 3.8 4.0 (average daily treatment) Notes: (1) Sewage is treated by the Metropolitan Council Environmental Services. N/A Indicates information is not available for this period at the printing of this report. Source: Various City of Lakeville Departments. Page 502 of 532 CITY OF LAKEVILLE CAPITAL ASSET STATISTICS BY FUNCTION LAST TEN FISCAL YEARS (154) Function (1)2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Public safety Police station 1 1 1 1 1 1 1 1 1 1 Fire stations 4 4 4 4 4 4 4 4 4 4 Public works City streets (miles)266.8 271.3 288.3 291.4 295.0 302.5 309.5 320.3 325.7 330.4 Parks and recreation Acres of parks, conservation areas, and greenways 1,590 1,590 1,600 1,600 1,600 1,677 1,677 1,677 1,706 1,706 Parks 59 59 60 60 61 61 61 61 65 67 Conservation areas 20 20 20 20 20 20 20 20 20 20 Trails and sidewalks - paved (miles)107 109 110 111 117 118 120 120 130 142 Ice rinks - outdoor (fully boarded)11 11 11 11 11 11 11 11 11 11 Ice rinks - indoor 3 3 3 3 3 3 3 3 3 3 Fields (softball, soccer, baseball, football, Lacrosse)97 96 96 96 97 97 97 97 98 101 Courts (basketball, volleyball, tennis, pickleball)38 38 38 43 43 43 43 47 47 56 Playgrounds 43 43 44 44 46 46 46 47 47 50 Swimming beaches 3 3 3 3 3 2 2 2 2 2 Liquor Number of on-sale stores owned 2 2 2 2 1 1 1 2 2 2 Number of on-sale stores leased 1 1 1 1 2 2 2 2 2 2 Utility Water Water mains (miles)321 321 321 346 350 358 367 380 387 396 Fire hydrants 3,572 3,572 3,572 3,818 3,885 3,969 4,080 4,374 4,494 4,595 Wells 17 17 18 18 19 19 19 19 19 19 Water Towers 5 5 5 6 6 6 6 6 6 6 Sanitary sewer Sanitary sewer mains (miles)261 261 261 261 264 270 278 288 295 303 Sanitary sewer lift stations 20 20 20 20 20 20 20 20 20 19 Notes: (1) Indicators for general government functions are not available. Source: Various City of Lakeville Departments. Page 503 of 532 CITY OF LAKEVILLE, MINNESOTA EXECUTIVE AUDIT SUMMARY YEAR ENDED DECEMBER 31, 2023 Page 504 of 532 (1) June 5, 2024 To the City Council and Management City of Lakeville, Minnesota We have prepared this management report in conjunction with our audit of the City of Lakeville, Minnesota’s (the City) financial statements for the year ended December 31, 2023. The purpose of this report is to provide comments resulting from our audit process and to communicate information relevant to city finances in Minnesota. We have organized this report into the following sections: Audit Summary Governmental Funds Overview Enterprise Funds Overview Government-Wide Financial Statements Legislative Updates Accounting and Auditing Updates We would be pleased to further discuss any of the information contained in this report or any other concerns that you would like us to address. We would also like to express our thanks for the courtesy and assistance extended to us during the course of our audit. The purpose of this report is solely to provide those charged with governance of the City, management, and those who have responsibility for oversight of the financial reporting process comments resulting from our audit process and information relevant to city finances in Minnesota. Accordingly, this report is not suitable for any other purpose. CliftonLarsonAllen LLP Minneapolis, Minnesota June 5, 2024 Page 505 of 532 (2) AUDIT SUMMARY The following is a summary of our audit work, key conclusions, and other information that we consider important or that is required to be communicated to the City Council, administration, or those charged with governance of the City. OUR RESPONSIBILITY UNDER AUDITING STANDARDS GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA AND GOVERNMENT AUDITING STANDARDS We have audited the financial statements of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of the City as of and for the year ended December 31, 2023, and the related notes to the financial statements. Professional standards require that we provide you with information about our responsibilities under auditing standards generally accepted in the United States of America and Government Auditing Standards, as well as certain information related to the planned scope and timing of our audit. We have communicated such information to you verbally, in our Governance Communication Letter, and in our audit engagement letter. Professional standards also require that we communicate the following information related to our audit. PLANNED SCOPE AND TIMING OF THE AUDIT We performed the audit according to the planned scope and timing previously discussed and coordinated in order to obtain sufficient audit evidence and complete an effective audit. AUDIT OPINION AND FINDINGS Based on our audit of the City's financial statements for the year ended December 31, 2023: • We issued an unmodified opinion on the City's basic financial statements. • We issued an unmodified opinion on the City’s compliance with major federal award programs. • We reported no deficiencies in the City's internal control over financial reporting that we considered to be material weaknesses. • We reported no deficiencies in the City's internal control over financial reporting that we considered to be a significant deficiency. • The results of our testing disclosed no instances of noncompliance required to be reported under Government Auditing Standards. Overall, we found the City’s financial records to be in excellent condition. This not only provides for an efficient year-end audit, but should also provide confidence in the interim financial data used to manage the City throughout the year. Page 506 of 532 (3) GOVERNMENTAL FUNDS OVERVIEW This section of the report provides you with an overview of the financial trends and activities of the City’s governmental funds, which include the General, special revenue, debt service, and capital project funds. These funds are used to account for the basic services the City provides to all of its citizens, which are financed primarily with property taxes. The governmental fund information in the City’s financial statements focuses on budgetary compliance, and the sufficiency of each governmental fund’s current assets to finance its current liabilities. PROPERTY TAXES Minnesota cities rely heavily on local property tax levies to support their governmental fund activities. For the 2021 fiscal year (the most recent comparative state-wide data available), local ad valorem property tax levies provided 44.0 percent of the total governmental fund revenues for cities over 2,500 in population, and 35.5 percent for cities under 2,500 in population. Total property taxes levied by all Minnesota cities for taxes payable in 2023 increased 4.2 percent compared to the prior year, and 7.5 percent for taxes payable in 2024. The taxable net tax capacity value of property in Minnesota cities increased about 17.7 percent for the 2023 levy year. The tax capacity values used for levying property taxes are based on the assessed market values for the previous fiscal year (e.g., tax capacity values for taxes levied in 2023 were based on assessed market values as of January 1, 2022), so the trend of change in these tax capacity values lags somewhat behind the housing market and economy in general. The total market value of property in Minnesota cities increased 16.0 percent for the 2023 levy year, following an increase of 17.0 percent for levy year 2022, and an increase of 17.0 percent for 2021. The City’s taxable market value increased 10.0 percent for taxes payable in 2022 and 22.0 percent for taxes payable in 2023. The following graph shows the City’s changes in taxable market value over the past 10 years plus 2024: $- $2 $4 $6 $8 $10 $12 $14 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024BillionsTaxable Market Value Taxable Market Value Tax capacity is considered the actual base available for taxation. It is calculated by applying the state’s property classification system to each property’s market value. Each property classification, such as commercial or residential, has a different calculation and uses different rates. Consequently, a city’s total tax capacity will change at a different rate than its total market value, as tax capacity is affected by the proportion of the City’s tax base that is in each property classification from year-to-year, as well as legislative changes to tax rates and exemptions. The City’s tax capacity increased 22.3 percent and 9.5 percent for taxes payable in 2023 and 2022, respectively. Page 507 of 532 (4) The following graph shows the City’s change in tax capacities over the past 10 years: 0.00% 5.00% 10.00% 15.00% 20.00% 25.00% 30.00% 35.00% 40.00% 45.00% $- $20 $40 $60 $80 $100 $120 $140 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023MillionsTax Capacity vs. Tax Rate (City Only) Local Net Tax Capacity Tax Rate Past reports included a comparison of property tax capacity rates between the City, seven-county metro area, and all cities state-wide average. The 2022 and 2023 comparison data was not available for the seven-county metro area nor all cities state-wide; therefore, the chart is not included this year. The following chart provides a comparison of the City’s 2023 tax capacity rate with other comparable cities: 20.195 24.307 28.904 28.113 26.902 28.585 29.676 33.566 31.800 37.601 35.273 38.013 35.986 48.814 0.000 10.000 20.000 30.000 40.000 50.000 60.000 $(100) $100 $300 $500 $700 $900 $1,100 $1,300 $1,500 $1,700 $1,900 Estimated City Property Taxes This chart is based on the City of Lakeville’s 2023 median home estimated market value of $428,600 and estimated taxable market value of $429,934. The City of Lakeville when compared to other local cities is right in the middle. This chart is an estimate of only the City’s portion of taxes and excludes other taxing jurisdictions (i.e. schools, county, special districts). Page 508 of 532 (5) GOVERNMENTAL FUND BALANCES The following table summarizes the changes in the fund balances of the City’s governmental funds during the year ended December 31, 2023, presented both by fund balance classification and by fund: Increase 2023 2022 (Decrease) Fund Balances of Governmental Funds Total by Classification Nonspendable 279,568$ 254,180$ 25,388$ Restricted 53,196,145 63,559,319 (10,363,174) Committed 48,514,099 44,954,814 3,559,285 Assigned 1,528,414 2,711,000 (1,182,586) Unassigned 18,684,638 18,420,050 264,588 Total governmental funds 122,202,864$ 129,899,363$ (7,696,499)$ Total by Fund General 22,372,997$ 22,007,407$ 365,590$ Debt Service 22,191,294 22,977,447 (786,153) Capital Projects 76,100,864 83,365,524 (7,264,660) Nonmajor Funds 1,537,709 1,548,985 (11,276) Total governmental funds 122,202,864$ 129,899,363$ (7,696,499)$ Fund Balance As of December 31, In total, the fund balances of the City’s governmental funds decreased $7,696,499 during the year ended December 31, 2023. The majority of the decrease was due to the restricted fund balances of $10.4 million, and assigned fund balances of $1.2 million, which were partially offset by increases in committed fund balance of $3.6 million. The decrease in restricted and assigned fund balances was due primarily to use of funds for their restricted or assigned purposes. The increase in the committed balance was primarily related to the collection of water, sanitary sewer, and storm water infrastructure trunk fees in the capital projects funds. Page 509 of 532 (6) GOVERNMENTAL FUNDS REVENUE AND EXPENDITURES The following table presents the per capita revenue of the City’s governmental funds for the past three years, along with state-wide averages. We have included the most recent comparative state-wide averages available from the Office of the State Auditor to provide a benchmark for interpreting the City’s data. The amounts received from the typical major sources of governmental fund revenue will naturally vary between cities based on factors such as the City’s stage of development, location, size and density of its population, property values, services it provides, and other attributes. It will also differ from year-to-year due to the effect of inflation and changes in the City’s operation. Also, certain data on these tables may be classified differently than how they appear on the City’s financial statements in order to be more comparable to the state-wide information, particularly in separating capital expenditures from current expenditures. We have designed this section of our management report using per capita data in order to better identify unique or unusual trends and activities of your city. We intend for this type of comparative and trend information to complement, rather than duplicate, information in the Management’s Discussion and Analysis. An inherent difficulty in presenting per capita information is the accuracy of the population count, which for most years is based on estimates. State-Wide Year December 31, 2021 2021 2022 2023 Population 20,000 - 100,000 72,135 73,828 75,217 Property taxes 557$ 477$ 485$ 527$ Tax increments 49 15 14 7 Franchise and other taxes 53 - - - Special assessments 56 42 47 105 Licenses and permits 53 71 61 54 Intergovernmental revenues 202 53 234 203 Charges for services 110 243 238 148 Other 26 1 (65) 94 Total Revenue 1,107 902 1,014 1,139 City of Lakeville Governmental Funds Revenue per Capita With State-Wide Averages by Population Class The City’s governmental funds have typically generated less revenue per capita in total than other Minnesota cities in its population class, this is primarily due to less property tax revenue and the City does not receive local government aid (intergovernmental revenue), these are partially offset by significantly more licenses and charges for services when compared to other cities. Total governmental funds revenues were $85.7 million in 2023, about $6.9 million (8.7 percent) greater than the prior year. On a per capita basis, governmental fund revenue for 2023 was $125 greater than the prior year. Property tax revenue was $42 per capita higher than the previous year due to a levy increase. Intergovernmental revenues were $6 per capita less than last year due to the level of state- aid fund street maintenance and improvement projects compared to the prior year. Licenses and permits were $7 per capita less than last year due to a slight decrease in these revenues from 2022 and the increase in the City’s population, but there continues to be significant economic development and community growth in the City. Revenue in the “other” category shown above increased $159 per capita, due primarily to increased investment returns. Page 510 of 532 (7) Below is a chart of the City of Lakeville’s 2023, 2022 and 2021 governmental funds revenue per capita as compared to the average per capita revenues for the governmental funds of several comparable cities for the year 2021. The comparable cities included in the average below (and in any other instances of a comparable city average included in this report) are Apple Valley, Blaine, Bloomington, Chanhassen, Eagan, Eden Prairie, Inver Grove Heights, Maple Grove, Plymouth, Prior Lake, Savage, Shakopee, and Woodbury. $(100) $- $100 $200 $300 $400 $500 $600 Revenues Per Capita Lakeville '21 Lakeville '22 Lakeville '23 Comparable Average The expenditures of governmental funds will also vary from state-wide averages and from year-to-year, based on the City’s circumstances. Expenditures are classified into three types as follows: Current – These are typically the general operating type expenditures occurring on an annual basis, and are primarily funded by general sources such as taxes and intergovernmental revenues. Capital Outlay – These expenditures do not occur on a consistent basis, more typically fluctuating significantly from year-to-year. Many of these expenditures are project-oriented, and are often funded by specific sources that have benefited from the expenditure, such as special assessment improvement projects. Debt Service – Although the expenditures for debt service may be relatively consistent over the term of the respective debt, the funding source is the important factor. Some debt may be repaid through specific sources such as special assessments or redevelopment funding, while other debt may be repaid with general property taxes. Page 511 of 532 (8) The City’s expenditures per capita of its governmental funds for the past three years, together with state-wide averages, are presented in the following table: State-Wide Year December 31, 2021 2021 2022 2023 Population 20,000 - 100,000 72,135 73,828 75,217 Current General Government 116$ 111$ 113$ 110$ Public Safety 327 214 215 232 Public Works 114 70 70 78 Parks and recreation 103 63 66 72 659 458 464 491 Capital Outlay And construction 160 460 577 719 Debt Service Principal 110 128 103 175 Interest and fiscal 34 58 64 67 144 186 167 242 Total Expenditures 964 1,104 1,208 1,452 City of Lakeville Governmental Fund Expenditures per Capita With State-Wide Averages by Population Class Total expenditures in the City’s governmental funds for 2023 were $109.2 million, an increase of $20.0 million (22.5 percent) from the previous year, or $244 per capita. The increase was primarily due to capital outlay, which was $142 per capita higher than the previous year, primarily due to several large street and utility improvement projects during 2023, and an increase in debt service expenditures of $75 per capita. Page 512 of 532 (9) Below is a chart of the City of Lakeville’s 2023 governmental funds expenditures per capita as compared to the average per capita expenditures for the governmental funds of several comparable cities for the year 2021. $- $100 $200 $300 $400 $500 $600 $700 $800 Expenditures Per Capita Lakeville '21 Lakeville '22 Lakeville '23 Comparables Average GENERAL FUND The City’s General Fund accounts for the financial activity of the basic services provided to the community. The primary services included within this fund are the administration of the municipal operation, police and fire protection, building inspection, streets and highway maintenance, and parks and recreation. The graph below illustrates the change in the General Fund financial position over the last five years. We have also included a line representing annual expenditures to reflect the change in the size of the General Fund operation over the same period. Page 513 of 532 (10) $- $5 $10 $15 $20 $25 $30 $35 $40 2019 2020 2021 2022 2023MillionsGeneral Fund Financial Position Year Ended December 31, Unassigned Fund Balance Cash Balance (net)Expenditures The City’s General Fund cash and investments balance at December 31, 2023 was $31,625,329, an increase of $326,649. Total fund balance at December 31, 2023 was $22,372,997, an increase of $365,590 from the prior year, as compared to the final budget that projected a $807,572 decrease in fund balance. As the graph illustrates, the City has generally been able to maintain healthy cash and fund balance levels as the volume of financial activity has grown. This is an important factor because a government, like any organization, requires a certain amount of equity to operate. A healthy financial position allows the City to avoid volatility in tax rates; helps minimize the impact of state funding changes; allows for the adequate and consistent funding of services, repairs, and unexpected costs; and is a factor in determining the City’s bond rating and resulting interest costs. Maintaining an adequate fund balance has become increasingly important given the fluctuations in state funding for cities in recent years. A trend that is typical to Minnesota local governments, especially the General Fund of cities, is the unusual cash flow experienced throughout the year. The City’s General Fund cash disbursements are made fairly evenly during the year other than the impact of seasonal services such as snowplowing, street maintenance, and park activities. Cash receipts of the General Fund are quite a different story. Taxes comprise about 69 percent of the fund’s total annual revenue. Approximately half of these revenues are received by the City in July and the rest in December. Consequently, the City needs to have adequate cash reserves to finance its everyday operations between these payments. The City’s General Fund’s unassigned fund balance at the end of the 2023 fiscal year represents approximately 51.5 percent of annual expenditures based on 2023 levels, compared to 56.4 percent at the end of the previous year. Page 514 of 532 (11) The following graph reflects the City’s General Fund revenue sources for 2023 compared to budget: $- $2 $4 $6 $8 $10 $12 $14 $16 $18 $20 $22 $24 $26 $28 $30 All Other Licenses and Permits Charges for Services Intergovernmental Taxes Millions General Fund Revenue Budget and Actual Budget Actual General Fund revenue for 2023 was $38,533,022, which was $472,868 (1.2 percent) more than budget. Licenses and permits revenue was over budget by $173,469, primarily due to the number of residential building and construction-related permits issued exceeding conservative budget estimates for growth. Charges for services revenue was under budget $264,489, primarily due to decrease in engineering- related services in connection with developer construction administration. Intergovernmental revenues exceeded estimates by $235,510 due to the City’s share of the state aid contributions to PERA. The total of all remaining other revenues were greater than the total of the budget of all remaining other revenues primarily due to improved investment market conditions. The City's management employs prudent investment practices and cash management techniques to maximize investment income while protecting the City's treasury. Investments are typically held to maturity. Page 515 of 532 (12) The following graph presents the City’s General Fund revenues by source for the last five years. The graph reflects the City’s reliance on property taxes and other local sources of revenue. $(2) $- $2 $4 $6 $8 $10 $12 $14 $16 $18 $20 $22 $24 $26 $28 Taxes Licenses and Permits Intergovernmental Charges for Services All OtherMillionsGeneral Fund Revenue by Source Year Ended December 31, 2019 2020 2021 2022 2023 Overall, General Fund revenues stayed consistent, only decreasing $1,715 (0.004 percent) from the previous year. Property tax revenue was $1,212,530 more than last year due to a 11.7 percent increase in the property tax levy. Intergovernmental revenue decreased $2,720,521 due to the City’s receipt of $5.1 million in American Rescue Plan Act in 2022, of which $4.9 million was recognized in the General Fund, which was not replicated in 2023. Revenue from charges for services decreased $393,224 due primarily to a decrease in public works fees for engineering-related services. Licenses and permits decreased $353,339 due primarily to a decrease in building permits during 2023. Finally, revenue in the “all other” category as shown above was $2,252,839 greater than last year, primarily due to an increase in investment returns, related to the improvements in fair market value. Page 516 of 532 (13) The following graph illustrates the components of General Fund spending for 2023 compared to budget: $- $2 $4 $6 $8 $10 $12 $14 $16 $18 $20 Parks and Recreation Public Works Public Safety General Government Millions General Fund Expenditures Budget and Actual Budget Actual Total General Fund expenditures for 2023 were $36,365,376, which was $620,640 (1.7 percent) under the final budget. General Fund expenditures were under budget in every functional area, as shown in the graph above. General government expenditures were $228,673 under budget, with the largest savings in information technology and human resources. Parks and recreation expenditures were $67,197 under budget, mainly in park maintenance with offsetting budget overages at the Arts Center. Public works costs were under budget by $241,600, primarily due to personnel services savings in both engineering and construction services. These savings are due to less street maintenance and construction services being needed than planned. Public safety expenditures were $83,170 under budget, primarily in fire personnel services. Page 517 of 532 (14) The following graph presents the City’s General Fund expenditures by function for the last five years: $- $2 $4 $6 $8 $10 $12 $14 $16 $18 General Government Public Safety Public Works Parks and RecreationMillionsGeneral Fund Expenditures by Function Year Ended December 31, 2019 2020 2021 2022 2023 Total General Fund expenditures for 2023 were $2,601,377 (7.7 percent) higher than the previous year, with the increases primarily occurring in public safety and public works. The majority of the increase was in personnel costs, which was due to 5 new positions added in police, transition of forestry division from the enterprise utility account to the general fund, contractual wage increases, inflationary benefit cost increases, higher costs of police security services and fire, offset with savings from employee vacancies and leave without pay and lower hours for seasonal positions, compared to the prior year. Page 518 of 532 (15) ENTERPRISE FUNDS OVERVIEW The City maintains two enterprise funds to account for services the City provides that are financed primarily through fees charged to those utilizing the service. This section of the report provides you with an overview of the financial trends and activities of the City’s enterprise funds, which include the (water, sewer, street light, and environmental resources) Utility Fund and Liquor Fund. ENTERPRISE FUNDS FINANCIAL POSITION The following table summarizes the changes in the financial position of the City’s enterprise funds during the years ended December 31, 2023 and 2022, presented both by classification and by fund: Increase 2023 2022 (Decrease) Net Position of enterprise funds Total by classification Net Investment in capital assets 188,259,693$ 180,563,445$ 7,696,248$ Unrestricted 32,808,653 28,622,452 4,186,201 Total Enterprise Funds 221,068,346$ 209,185,897$ 11,882,449$ Total by Fund Liquor 12,869,552$ 12,950,872$ (81,320)$ Utility 208,198,794 196,235,025 11,963,769 Total Enterprise Funds 221,068,346$ 209,185,897$ 11,882,449$ Net Position As of December 31, Enterprise Funds Change in Financial Position In total, the net position of the City’s enterprise funds increased by $11,882,449 during the year ended December 31, 2023. The Liquor Fund net position decreased by $81,320. Liquor fund net transfers out were $1.32 million. The increases in both the net investment in capital assets and the net position of the Utility Enterprise Fund were primarily due to capital infrastructure contributions of $10.8 million received from developers, other government agencies, and the City’s governmental funds. Page 519 of 532 (16) LIQUOR FUND The following graphs present five years of operating results for the Liquor Fund: $- $5 $10 $15 $20 $25 2019 2020 2021 2022 2023MillionsLiquor Fund - Revenues, Expenses, and Income Year Ended December 31, Sales Cost of Sales Operating Expenses Operating Income The Liquor Fund ended 2023 with a net position of $12,869,552, a decrease of $81,320 from prior year operations. Of liquor store fund net position, $9,724,701 represents net investment in capital assets leaving an unrestricted net position of $3,144,851. Gross liquor sales for 2023 were $22,692,555 an increase of $797,575 (3.6 percent) from 2022. The Liquor Fund generated a gross profit of $6,217,600 in 2023, or about 27.4 percent, of gross sales. Operating expenses for 2023 were $5,155,829, an increase of $622,828 (13.7 percent) from the prior year. Net operating income for 2023 was $1,061,771, or about 4.7 percent, of gross sales. The increase in gross sales and the resulting increase in the gross profit ratio shown below were primarily attributable to increased sales volume. The Liquor Fund also made net transfers out of $1,323,783 to support the General Fund, for debt service, and for various capital needs. 24.9%24.9% 26.1%26.6%26.9%27.4% 6.7%6.2%8.3%8.0%6.2%4.7% 26.5%26.7%27.6%27.8% 0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 30.0% 0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 30.0% 2018 2019 2020 2021 2022 2023 Liquor Fund - Operating Ratios Year Ended December 31, Gross Profit as a percentage of Sales Operating Income as a Percentage of Sales 7 County Metro (Offsale) Page 520 of 532 (17) UTILITY FUND The following graph presents five years of comparative operating results for the City’s (water, sewer, street light, and environmental resources) Utility Fund: $0 $1 $2 $3 $4 $5 $6 $7 $8 $9 $10 $11 $12 $13 $14 $15 $16 $17 $18 $19 $20 $21 $22 $23 $24 2019 2020 2021 2022 2023MillionsUtility Fund Year Ended December 31, Operating Expense Depreciation Operating Revenue Income Before Depreciation The Utility Fund ended 2023 with net position of $208,198,794, an increase of $11,963,769 from current year operations. Of the net position balance, $178,534,992 represents the City’s net investment in utility capital assets, leaving $29,663,802 of unrestricted net position. Utility Fund operating revenue was $22,715,704 for 2023, an increase of $683,775 (3.1 percent), mainly due to increase in water usage and sewer discharge coupled with an increase in rates. Operating expenses (including depreciation and amortization of $6,007,119) were $22,593,991, which represents an increase of $2,557,723 (12.8 percent). The increase was primarily attributable to increases in charges and services for maintenance projects, the Met Council disposal charges, personnel services, and depreciation. The Utility Fund also received capital contributions of $10,782,592 in 2023 from developers, other governmental agencies, and the City’s governmental funds. Page 521 of 532 (18) GOVERNMENT-WIDE FINANCIAL STATEMENTS In addition to fund-based information, the current reporting model for governmental entities also requires the inclusion of two government-wide financial statements designed to present a clear picture of the City as a single, unified entity. These government-wide financial statements provide information on the total cost of delivering services, including capital assets and long-term liabilities. STATEMENT OF NET POSITION The Statement of Net Position essentially tells you what your city owns and owes at a given point in time, the last day of the fiscal year. Theoretically, net position represents the resources the City has leftover to use for providing services after its debts are settled. However, those resources are not always in spendable form, or there may be restrictions on how some of those resources can be used. Therefore, net position is divided into three components: net investment in capital assets, restricted, and unrestricted. The following table presents the components of City’s net position as of December 31, 2023 and 2022, for governmental activities and business-type activities: Increase 2023 2022 (Decrease) Net Position Governmental Activities Net Investment in capital assets 240,978,608$ 218,867,352$ 22,111,256$ Restricted 73,224,358 82,302,974 (9,078,616) Unrestricted 17,814,210 16,378,884 1,435,326 Total governmental activities 332,017,176$ 317,549,210$ 14,467,966$ Business-type activities Net Investment in capital assets 188,259,693$ 180,563,445$ 7,696,248$ Unrestricted 32,950,342 28,938,525 4,011,817 Total business-type activities 221,210,035 209,501,970 11,708,065 Total net position 553,227,211$ 527,051,180$ 26,176,031$ As of December 31, The total net position of the City increased $26.2 million during the 2023 fiscal year. Of the increase, $14.5 million came from governmental activities and $11.7 million from business-type activities. One of the primary reasons for the increases in both the governmental and business-type activities was the amount of infrastructure contributed by developers and governmental activities during 2023, which totaled about $10.8 million, and large increases in investment income, which increased $14.8 million total between governmental and business-type activities. Governmental activities restricted net position decreased $9.1 million from the prior year after the net result of several factors, but mostly related to net debt service activity. Page 522 of 532 (19) STATEMENT OF ACTIVITIES The Statement of Activities tracks the City’s yearly revenues and expenses, as well as any other transactions that increase or reduce total net position. These amounts represent the full cost of providing services. The Statement of Activities provides a more comprehensive measure than just the amount of cash that changed hands, as reflected in the fund-based financial statements. This statement includes the cost of supplies used, depreciation of long-lived capital assets, and other accrual-based expenses. The following table presents the change in the net position of the City for the years ended December 31, 2023 and 2022: 2022 Program Expenses Revenues Net Change Net Change Net (expense) revenue Governmental activities General government 9,899,710$ 6,969,321$ (2,930,389)$ (2,659,890)$ Public safety 20,139,088 5,491,030 (14,648,058) (12,077,019) Public works 29,136,552 27,222,019 (1,914,533) 13,819,697 Parks and recreation 10,117,834 3,689,971 (6,427,863) (1,360,358) Interest on long-term debt 2,903,304 - (2,903,304) (3,966,703) Business-type activities Liquor 21,726,194 22,692,718 966,524 1,251,170 Utility 22,854,878 29,483,858 6,628,980 14,004,115 Total net (expense) revenue 116,777,560$ 95,548,917$ (21,228,643) 9,011,012 General Revenues Property taxes and tax increments 40,247,761 36,822,483 Investment earnings 7,156,913 (7,691,324) Total general revenues 47,404,674 29,131,159 Change in net position 26,176,031 38,142,171 Net position , beginning 527,051,180 488,909,009 Net position - ending 553,227,211$ 527,051,180$ 2023 One of the goals of this statement is to provide a side-by-side comparison to illustrate the difference in the way the City’s governmental and business-type operations are financed. The table clearly illustrates the dependence of the City’s governmental operations on general revenues such as property taxes and unrestricted grants, while its business-type activities are financed predominately through program revenues. The difference in 2022 and 2023 net change in public works is mainly due to decreased operating and capital grants and contributions, The net difference in parks and recreations is due to 2023 increased expenses and decreased charges for services. Page 523 of 532 (20) LEGISLATIVE UPDATES With the 2024 legislative session done and with one party in control of the House, Senate, and the Governor’s office, there was a lot of movement in St. Paul and several significant things were completed this year. The following is a summary of recent legislation affecting Minnesota cities in 2023/2024 and into the future: Housing – No limitations on local zoning and land use authority for residential development were passed this session. While legislators on both sides of the aisle committed to discussing zoning and land use preemption during the interim and redoubling efforts next session, none of the language included in the Missing Middle Housing bill, People Over Parking bill, or multifamily by right in commercial districts bill was passed. Cannabis Legalization – The Legislature passed a bill that makes changes to the cannabis regulatory structure. The bill provides that a city or county seeking to establish a municipal cannabis store must be granted a license, but the municipal establishment would not count against the cap on the number of licensed cannabis retailers in the jurisdiction. Taxes – While some tax provisions were included in the final omnibus bill, most substantive provisions being considered were removed from the final agreement. The local sales tax general authority proposals that were in the House and Senate bills were not included in the bill that passed, and the local sales tax moratorium remains in place for another year. Emergency Medical Services – The House and Senate passed a bill that replaces the Emergency Medical Services Regulatory Board with a new agency called the Office of Emergency Medical Services, establishes an alternative emergency medical services response model pilot program, and provides $24 million in emergency aid for rural ambulance services. Elections – An omnibus elections bill was passed and signed into law that allocates more funds to the Voting Operations, Technology, and Election Resources (VOTER) Account, and establishes a Minnesota Voting Rights Act. A standalone bill to authorize local governments to implement ranked choice voting failed in the House and was not taken up by the Senate. Metro Area Comprehensive Plan – Language supported by the League of Minnesota Cities to clarify that comprehensive plans approved by the Metropolitan Council do not require environmental review on plan provisions was included in the final large omnibus bill. Earned Sick and Safe Time Modifications – Several modifications to the 2023 ESST law will go to the governor, including an exemption for volunteer and paid on-call firefighters, and restrictions on use for employees with duties related to public safety during weather events and for essential employees under certain circumstances. Opioid Settlement – In August 2021, the Minnesota Attorney General’s Office joined a $26 billion multistate settlement agreement with certain pharmaceutical distributors and received final approval from the distributors on February 25, 2022. With the first settlement the City of Lakeville was allocated $582,715. Since then, a “second wave” of settlements have been approved and the City is estimated to be receiving $474,302. Please note that the “second wave” amounts are contingent on achieving maximum participation in the settlements. These settlement payments started in 2022 and will be lasting for several years. The first three payments of the Distributor settlement have already been distributed, with a prepayment scheduled for early 2024 and the next annual payment scheduled for July 2024. Payments 1 through 5 of the Johnson & Johnson settlement have already been distributed, with the next payment scheduled for July 2026. Additional information can be found at the following link https://www.ag.state.mn.us/opioids/ Page 524 of 532 (21) ACCOUNTING AND AUDITING UPDATES GASB Statement No. 100 “Accounting Changes and Error Corrections-an Amendment of GASB Statement No. 62” – the primary objective of this Statement is to enhance accounting and financial reporting requirements for accounting changes and error corrections to provide more understandable, reliable, relevant, consistent, and comparable information for making decisions or assessing accountability. This Statement is effective for periods beginning after June 15, 2023. GASB Statement No. 101 “Compensated Absences” – the primary objective of this Statements is to better meet the information needs of financial statement users by updating the recognition and measurement guidance for compensated absences. That objective is achieved by aligning the recognition and measurement guidance under a unified model and by amending certain previously required disclosures. This Statement is effective for fiscal periods beginning after June 15, 2023. Implementation Guide No. 2021-1 – the GASB issued this implementation guide made amendments to the capitalization policy question and answer that was previously issued in Implementation Guide 2015-1. In response to the above question, Implementation guide 2015-1 stated that it may be appropriate for a government to establish a capitalization policy that would require capitalization of certain types of assets with individual acquisition costs that are less than the threshold for an individual asset. This answer also noted that computers, classroom furniture, and library books are common assets that may not meet the capitalization policy on an individual basis but might be considered material collectively. While the question itself remains unchanged—now Question 5.1 in Implementation Guide 2021-1—the answer has been amended to state that a government should capitalize assets whose individual acquisition costs are less than the threshold for an individual asset if those assets in the aggregate are significant. Therefore, the City may have to start capitalizing more group purchases of assets that otherwise might have individually been under the City’s previous capitalization policy thresholds. This amended guidance is effective for reporting periods beginning after June 15, 2023. GASB Statement No. 102 “Certain Risk Disclosures” – the primary objective of this Statement is to provide users of government financial statements with essential information about risks related to a government’s vulnerabilities due to certain concentrations or constraints. This Statement defines a concentration as a lack of diversity related to an aspect of a significant inflow of resources or outflow of resources. A constraint is a limitation imposed on a government by an external party or by formal action of the government’s highest level of decision-making authority. Concentrations and constraints may limit a government’s ability to acquire resources or control spending. This Statement is effective for periods beginning after June 15, 2024. GASB Statement No. 103 “Financial Reporting Model Improvements” – the primary objective of this Statements is to improve key components of the financial reporting model to enhance its effectiveness in providing information that is essential for decision making and assessing a government’s accountability. Areas impacted include the MD&A, Proprietary fund Statement of Revenues, Expenses, and Changes in Fund net Position, and Budgetary Comparison Information. This Statement is effective for fiscal periods beginning after June 15, 2025. Page 525 of 532 CLA (CliftonLarsonAllen LLP) is an independent network member of CLA Global. See CLAglobal.com/disclaimer. CliftonLarsonAllen LLP CLAconnect.com Honorable Mayor and the City Council City of Lakeville Lakeville, Minnesota We have audited the financial statements of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of City of Lakeville as of and for the year ended December 31, 2023, and have issued our report thereon dated June 5, 2024. We have previously communicated to you information about our responsibilities under auditing standards generally accepted in the United States of America and Government Auditing Standards, as well as certain information related to the planned scope and timing of our audit in our engagement letter dated November 28, 2023. Professional standards also require that we communicate to you the following information related to our audit. Significant audit findings or issues Qualitative aspects of accounting practices Accounting policies Management is responsible for the selection and use of appropriate accounting policies. The significant accounting policies used by City of Lakeville are described in Note 1 to the financial statements. As described in Note 1, the City changed accounting policies related to subscription-based information technology arrangements (SBITAs), public-private and public-public partnerships (PPPs), and availability payment arrangements (APAs) by adopting Statement of Governmental Accounting Standards Board (GASB Statement) No. 96, Subscription-Based Information Technology Arrangements and GASB Statement No. 94, Public-Private and Public-Public Partnerships and Availability Payment Arrangements, in 2023. As the City did not have any applicable SBITAs, PPPs, or APAs, this did not have any effect on the City’s financial statements. We noted no transactions entered into by the entity during the year for which there is a lack of authoritative guidance or consensus. All significant transactions have been recognized in the financial statements in the proper period. Accounting estimates Accounting estimates are an integral part of the financial statements prepared by management and are based on management’s knowledge and experience about past and current events and assumptions about future events. Certain accounting estimates are particularly sensitive because of their significance to the financial statements and because of the possibility that future events affecting them may differ significantly from those expected. There were no accounting estimates affecting the financial statements which were particularly sensitive or required substantial judgments by management. Financial statement disclosures Certain financial statement disclosures are particularly sensitive because of their significance to financial statement users. There were no particularly sensitive financial statement disclosures. The financial statement disclosures are neutral, consistent, and clear. Page 526 of 532 Honorable Mayor and the City Council City of Lakeville Page 2 Significant unusual transactions We identified no significant unusual transactions. Difficulties encountered in performing the audit We encountered no significant difficulties in dealing with management in performing and completing our audit. Uncorrected misstatements Professional standards require us to accumulate all misstatements identified during the audit, other than those that are clearly trivial, and communicate them to the appropriate level of management. Management has corrected all such misstatements. Corrected misstatements None of the misstatements detected as a result of audit procedures and corrected by management were material, either individually or in the aggregate, to the financial statements taken as a whole. Disagreements with management For purposes of this communication, a disagreement with management is a disagreement on a financial accounting, reporting, or auditing matter, whether or not resolved to our satisfaction, that could be significant to the financial statements or the auditors’ report. No such disagreements arose during our audit. Management representations We have requested certain representations from management that are included in the management representation letter dated June 5, 2024. Management consultations with other independent accountants In some cases, management may decide to consult with other accountants about auditing and accounting matters, similar to obtaining a “second opinion” on certain situations. If a consultation involves application of an accounting principle to the entity’s financial statements or a determination of the type of auditors’ opinion that may be expressed on those statements, our professional standards require the consulting accountant to check with us to determine that the consultant has all the relevant facts. To our knowledge, there were no such consultations with other accountants. Significant issues discussed with management prior to engagement We generally discuss a variety of matters, including the application of accounting principles and auditing standards, with management each year prior to engagement as the entity’s auditors. However, these discussions occurred in the normal course of our professional relationship and our responses were not a condition to our engagement. Page 527 of 532 Honorable Mayor and the City Council City of Lakeville Page 3 Required supplementary information With respect to the required supplementary information (RSI) accompanying the financial statements, we made certain inquiries of management about the methods of preparing the RSI, including whether the RSI has been measured and presented in accordance with prescribed guidelines, whether the methods of measurement and preparation have been changed from the prior period and the reasons for any such changes, and whether there were any significant assumptions or interpretations underlying the measurement or presentation of the RSI. We compared the RSI for consistency with management’s responses to the foregoing inquiries, the basic financial statements, and other knowledge obtained during the audit of the basic financial statements. Because these limited procedures do not provide sufficient evidence, we did not express an opinion or provide any assurance on the RSI. Supplementary information in relation to the financial statements as a whole With respect to the combining and individual fund financials (collectively, the supplementary information) accompanying the financial statements, on which we were engaged to report in relation to the financial statements as a whole, we made certain inquiries of management and evaluated the form, content, and methods of preparing the information to determine that the information complies with accounting principles generally accepted in the United States of America, the method of preparing it has not changed from the prior period or the reasons for such changes, and the information is appropriate and complete in relation to our audit of the financial statements. We compared and reconciled the supplementary information to the underlying accounting records used to prepare the financial statements or to the financial statements themselves. We have issued our report thereon dated June 5, 2024. Other information included in annual reports Other information (financial or nonfinancial information other than the financial statements and our auditors’ report thereon) is being included in your annual report and is comprised of the introductory and statistical sections. Our responsibility for other information included in your annual report does not extend beyond the financial information identified in our opinion on the financial statements. We have no responsibility for determining whether such other information is properly stated and do not have an obligation to perform any procedures to corroborate other information contained in your annual report. We are required by professional standards to read the other information included in your annual report and consider whether a material inconsistency exists between the other information and the financial statements because the credibility of the financial statements and our auditors’ report thereon may be undermined by material inconsistencies between the audited financial statements and other information. If, based on the work performed, we conclude that an uncorrected material misstatement of the other information exists, we are required to describe it in our report. Our auditors’ report on the financial statements includes a separate section, “Other Information,” which states we do not express an opinion or any form of assurance on the other information included in the annual report. We did not identify any material inconsistencies between the other information and the audited financial statements. * * * Page 528 of 532 Honorable Mayor and the City Council City of Lakeville Page 4 This communication is intended solely for the information and use of the honorable mayor, members of the city council, and management of City of Lakeville and is not intended to be, and should not be, used by anyone other than these specified parties. CliftonLarsonAllen LLP Minneapolis, Minnesota June 5, 2024 Page 529 of 532 CLA (CliftonLarsonAllen LLP) is an independent network member of CLA Global. See CLAglobal.com/disclaimer. CliftonLarsonAllen LLP CLAconnect.com INDEPENDENT AUDITORS’ REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS Honorable Mayor and the City Council City of Lakeville Lakeville, Minnesota We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the financial statements of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of City of Lakeville, as of and for the year ended December 31, 2023, and the related notes to the financial statements, which collectively comprise the City of Lakeville’s basic financial statements, and have issued our report thereon dated June 5, 2024. Report on Internal Control Over Financial Reporting In planning and performing our audit of the financial statements, we considered City of Lakeville’s internal control over financial reporting (internal control) as a basis for designing audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of City of Lakeville’s internal control. Accordingly, we do not express an opinion on the effectiveness of City of Lakeville’s internal control. A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity’s financial statements will not be prevented, or detected and corrected, on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance. Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or significant deficiencies. Given these limitations, during our audit we did not identify any deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses or significant deficiencies may exist that were not identified. Page 530 of 532 Honorable Mayor and the City Council City of Lakeville Report on Compliance and Other Matters As part of obtaining reasonable assurance about whether City of Lakeville’s financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a direct and material effect on the financial statements. However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards. Purpose of This Report The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the entity’s internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the entity’s internal control and compliance. Accordingly, this communication is not suitable for any other purpose. CliftonLarsonAllen LLP Minneapolis, Minnesota June 5, 2024 Page 531 of 532 CLA (CliftonLarsonAllen LLP) is an independent network member of CLA Global. See CLAglobal.com/disclaimer. CliftonLarsonAllen LLP CLAconnect.com INDEPENDENT AUDITORS’ REPORT ON MINNESOTA LEGAL COMPLIANCE Members of the City Council City of Lakeville Lakeville, Minnesota We have audited, in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States, the financial statements of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of the City of Lakeville as of and for the year ended December 31, 2023, and the related notes to the financial statements, which collectively comprise the City’s basic financial statements, and have issued our report thereon dated June 5, 2024. In connection with our audit, nothing came to our attention that caused us to believe that the City of Lakeville failed to comply with the provisions of the contracting – bid laws, depositories of public funds and public investments, conflicts of interest, public indebtedness, claims and disbursements, miscellaneous provisions, and tax increment financing sections of the Minnesota Legal Compliance Audit Guide for Cities, promulgated by the State Auditor pursuant to Minn. Stat. § 6.65, insofar as they relate to accounting matters. However, our audit was not directed primarily toward obtaining knowledge of such noncompliance. Accordingly, had we performed additional procedures, other matters may have come to our attention regarding the City’s noncompliance with the above referenced provisions, insofar as they relate to accounting matters. The purpose of this report is solely to describe the scope of our testing of compliance and the results of that testing, and not to provide an opinion on compliance. Accordingly, this communication is not suitable for any other purpose. CliftonLarsonAllen LLP Minneapolis, Minnesota June 5, 2024 Page 532 of 532