Reference rate for preliminary expenditures eligible for reimbursement from bond proceeds.

This Declaration has been made not later than 60 days after payment of any original expenditure to be subject to a reimbursement allocation with respect to the proceeds of tax-exempt obligations, except for the following expenditures: (a) costs of issuance of tax-exempt obligations; (b) costs in an amount not in excess of $100,000 or 5 percent of the proceeds of an issue; or (c) "preliminary expenditures" up to an amount not in excess of twenty percent (20%) of the aggregate issue price of the issue or issues that finance or are reasonably expected by the City to finance the project for which the preliminary expenditures were incurred.

Maximum percentage of aggregate issue price allowed for preliminary expenditures.

This Declaration has been made not later than 60 days after payment of any original expenditure to be subject to a reimbursement allocation with respect to the proceeds of tax-exempt obligations, except for the following expenditures: (a) costs of issuance of tax-exempt obligations; (b) costs in an amount not in excess of $100,000 or 5 percent of the proceeds of an issue; or (c) "preliminary expenditures" up to an amount not in excess of twenty percent (20%) of the aggregate issue price of the issue or issues that finance or are reasonably expected by the City to finance the project for which the preliminary expenditures were incurred.

Maximum percentage of aggregate issue price allowed for preliminary expenditures.

This Declaration has been made not later than 60 days after payment of any original expenditure to be subject to a reimbursement allocation with respect to the proceeds of tax-exempt obligations, except for the following expenditures: (a) costs of issuance of tax-exempt obligations; (b) costs in an amount not in excess of $100,000 or 5 percent of the proceeds of an issue; or (c) "preliminary expenditures" up to an amount not in excess of twenty percent (20%) of the aggregate issue price of the issue or issues that finance or are reasonably expected by the City to finance the project for which the preliminary expenditures were incurred.

Maximum percentage of aggregate issue price allowed for preliminary expenditures.

This Declaration has been made not later than 60 days after payment of any original expenditure to be subject to a reimbursement allocation with respect to the proceeds of tax-exempt obligations, except for the following expenditures: (a) costs of issuance of tax-exempt obligations; (b) costs in an amount not in excess of $100,000 or 5 percent of the proceeds of an issue; or (c) "preliminary expenditures" up to an amount not in excess of twenty percent (20%) of the aggregate issue price of the issue or issues that finance or are reasonably expected by the City to finance the project for which the preliminary expenditures were incurred.

Reference rate for preliminary expenditures eligible for reimbursement from bond proceeds.

This Declaration has been made not later than 60 days after payment of any original expenditure to be subject to a reimbursement allocation with respect to the proceeds of tax-exempt obligations, except for the following expenditures: (a) costs of issuance of tax-exempt obligations; (b) costs in an amount not in excess of $100,000 or 5 percent of the proceeds of an issue; or (c) "preliminary expenditures" up to an amount not in excess of twenty percent (20%) of the aggregate issue price of the issue or issues that finance or are reasonably expected by the City to finance the project for which the preliminary expenditures were incurred.

Reference rate for preliminary expenditures eligible for reimbursement from bond proceeds.

This Declaration has been made not later than 60 days after payment of any original expenditure to be subject to a reimbursement allocation with respect to the proceeds of tax-exempt obligations, except for the following expenditures: (a) costs of issuance of tax-exempt obligations; (b) costs in an amount not in excess of $100,000 or 5 percent of the proceeds of an issue; or (c) "preliminary expenditures" up to an amount not in excess of twenty percent (20%) of the aggregate issue price of the issue or issues that finance or are reasonably expected by the City to finance the project for which the preliminary expenditures were incurred.

Projected 2025 levy increase rate.

As it sits, there is an 18% levy increase needed and still using $75,400 of fund balance in 2025 after receiving $92,350 from TAA from MnDot.

Projected levy increase for 2025.

As only the CIP was discussed tonight, another meeting is set for August 15th to discuss the general fund. As it sits, there is an 18% levy increase needed and still using $75,400 of fund balance in 2025 after receiving $92,350 from TAA from MnDot.

Vendor commission rate for Threshing Show food vendors.

Contracted Vendor agrees to remit 17% of the gross earnings from such vending concession, plus $20.00 per vending unit for garbage removal.

Projected percent increase in property tax levy for 2025 budget.

With all the reductions in budget expenditures and the slight increase in revenue, the current total levy increase is $314,140 or 16.22%.

Late charge rate for unpaid administrative enforcement penalty.

A. In the event a person charged with a Code Violation fails to pay the administrative enforcement penalty and correct or abate the Code Offense for which a citation was issued within the prescribed time, a late charge of fifteen percent (15%) shall be imposed thereon for each seven (7) calendar days the administrative enforcement penalty remains unpaid and the Code Violation remains uncorrected or unabated beyond the due date.

Commercial Planned Unit Development floor area ratio for 1,500 sq ft average unit floor area on sewered general development lakes

Commercial Planned Unit Development Floor Area Ratios* by Public Waters Classes 1,500 .150 075 .038

Floor area ratio for commercial PUDs (1,500 sq ft, sewered general development lakes, etc.)

<td>1,500</td> <td>.150</td> <td>075</td> <td>.038</td>

Attorney fee percentage of total settlement fund requested in Tyler v. Hennepin County.

Lead Plaintiffs Class Counsel will apply to the Court for a Fee and Expense Award equal to 15% of the total $109 million Settlement Amount plus 8% of the amount of Claims actually approved and paid to each eligible Claimant.

Commercial Planned Unit Development floor area ratio for 1,400 sq ft average unit floor area on sewered general development lakes

Commercial Planned Unit Development Floor Area Ratios* by Public Waters Classes 1,400 .142 .072 .036

Floor area ratio for commercial PUDs (1,400 sq ft, sewered general development lakes, etc.)

<td>1,400</td> <td>.142</td> <td>.072</td> <td>.036</td>

Floor area ratio for commercial PUDs (1,300 sq ft, sewered general development lakes, etc.)

<td>1,300</td> <td>.133</td> <td>.068</td> <td>.034</td>

Floor area ratio for commercial PUDs (1,200 sq ft, sewered general development lakes, etc.)

<td>1,200</td> <td>.125</td> <td>.064</td> <td>.032</td>

Commercial Planned Unit Development floor area ratio for 1,200 sq ft average unit floor area on sewered general development lakes

Commercial Planned Unit Development Floor Area Ratios* by Public Waters Classes 1,200 .125 .064 .032

Commercial Planned Unit Development floor area ratio for 1,300 sq ft average unit floor area on sewered general development lakes

Commercial Planned Unit Development Floor Area Ratios* by Public Waters Classes 1,300 .133 .068 .034

Commercial Planned Unit Development floor area ratio for 1,100 sq ft average unit floor area on sewered general development lakes

Commercial Planned Unit Development Floor Area Ratios* by Public Waters Classes 1,100 .116 .058 .029

Floor area ratio for commercial PUDs (1,100 sq ft, sewered general development lakes, etc.)

<td>1,100</td> <td>.116</td> <td>.058</td> <td>.029</td>

Expense increase rate for 2024.

The council will need another meeting to discuss and finalize the levy amount. This is the price the city pays for choosing to not increase the levy for the 2024 budget. The city had a 5.3% levy increase in 2024 with an 11.2% increase in expenses.

Commercial Planned Unit Development floor area ratio for 1,000 sq ft average unit floor area on sewered general development lakes

Commercial Planned Unit Development Floor Area Ratios* by Public Waters Classes 1,000 .108 .054 .027

Floor area ratio for commercial PUDs (1,000 sq ft, sewered general development lakes, etc.)

<td>1,000</td> <td>.108</td> <td>.054</td> <td>.027</td>

Proposed percentage increase to the projected budget.

Pilon recommended taking the projected budget, adding 10.25%, incorporate the entire 2022 sheriff contract and replicating the 2021 budget. Instead of going up 21% his idea is close to the current 2021 spending.

Maximum percentage of wall area allowed for accent colors.

Color accent considerations may include contrasting colors, color enhancement and tonal variations of entries, partial walls, awnings, window/door trim, shutters, porches/balconies, columns, banding, signs, or other design details, but in no case shall such coloring exceed ten percent (10%) of each wall area.

Projected 2025 property tax levy increase rate.

2025 will still need a levy increase of 9.98% again, just under $7.00 per month per property with an average value of $492,000.

Estimated increase in medical insurance costs.

· Discussion regarding medical insurance. It could change, we have it estimated at 10% increase, can adjust once we have actual numbers.

Commercial Planned Unit Development floor area ratio for 900 sq ft average unit floor area on sewered general development lakes

Commercial Planned Unit Development Floor Area Ratios* by Public Waters Classes 900 .099 .050 .025

Required donation rate from gambling establishments to the city.

The Gambling Ordinance is in place and both establishments in Nowthen have been notified and are on board with 10% donation to the city. The mayor suggested Administrator Lehner send a letter requesting/asking if the Anoka-Ramsey Athletic Association had any extra money they would like to donate going back to January 1, 2023, the city would greatly appreciate it.

Projected property tax levy increase for 2025.

If these changes are made, the approximate levy is 9.6% equating to $76 per year or $6.34 per month on a median priced home in Nowthen.

Projected increase in health insurance costs for 2025.

8. 10% increase in health insurance costs.

Required park and trail dedication value for new subdivisions.

C. The park fees shall be established so as to require a total dedication value of approximately 10% of land area or equivalent cash and/or consistent with state statute.

Floor area ratio for commercial PUDs (900 sq ft, sewered general development lakes, etc.)

<td>900</td> <td>.099</td> <td>.050</td> <td>.025</td>

Maximum percentage of contrasting colors allowed for building elements per wall area.

Use of contrasting colors for building elements such as cloth or metal awnings, trim, banding, walls, entries or any portion of the overall building shall be minimized, but in no case shall such coloring exceed ten percent (10%) of each wall area.

Commercial Planned Unit Development floor area ratio for 800 sq ft average unit floor area on sewered general development lakes

Commercial Planned Unit Development Floor Area Ratios* by Public Waters Classes 800 .091 .046 .023

Floor area ratio for commercial PUDs (800 sq ft, sewered general development lakes, etc.)

<td>800</td> <td>.091</td> <td>.046</td> <td>.023</td>

2022 peak inflation rate (for context in wage discussions).

Staff is asking city council to consider the rate of inflation in 2022 that hit a high of 9.1% (see article provided).

Projected 2022 levy increase.

2022 Levy increase projected to be 9% based on 2020 & 2021 Road Improvements - debt service increased from $81,000 to $192,800, including the payoffs for both 2021 and 2022.

PERA contribution rate for Recycling Center Attendant position.

3. This part time position does not qualify for employment benefits other than the required PERA contribution of 7.5%.

Commercial Planned Unit Development floor area ratio for 1,500 sq ft average unit floor area on second and additional tiers on unsewered general development lakes

Commercial Planned Unit Development Floor Area Ratios* by Public Waters Classes 1,500 .150 075 .038

City's matching FICA contribution rate for employees.

FICA (Federal Insurance Contributions Act): FICA is the federal requirement that a certain amount be automatically withheld from employees' earnings. Specifically, FICA requires an employee contribution of 6.2 percent for Social Security and 1.45 percent for Medicare. The city contributes a matching 7.65 percent on behalf of each employee.

Attorney fee percentage of approved claims paid in Tyler v. Hennepin County.

Lead Plaintiffs Class Counsel will apply to the Court for a Fee and Expense Award equal to 15% of the total $109 million Settlement Amount plus 8% of the amount of Claims actually approved and paid to each eligible Claimant.

Commercial Planned Unit Development floor area ratio for 700 sq ft average unit floor area on sewered general development lakes

Commercial Planned Unit Development Floor Area Ratios* by Public Waters Classes 700 .082 .042 .021

Floor area ratio for commercial PUDs (700 sq ft, sewered general development lakes, etc.)

<td>700</td> <td>.082</td> <td>.042</td> <td>.021</td>

Floor area ratio for commercial PUDs (1,500 sq ft, second/additional tiers, recreational lakes, etc.)

<td>1,500</td> <td>.150</td> <td>075</td> <td>.038</td>

Projected levy increase before mid-year adjustment.

Adjusting budget numbers based on the mid-year plan would reduce the levy substantially, from a 7.62% increase to only 3.98% increase.

Commercial Planned Unit Development floor area ratio for 1,400 sq ft average unit floor area on second and additional tiers on unsewered general development lakes

Commercial Planned Unit Development Floor Area Ratios* by Public Waters Classes 1,400 .142 .072 .036

Commercial Planned Unit Development floor area ratio for 1,300 sq ft average unit floor area on second and additional tiers on unsewered general development lakes

Commercial Planned Unit Development Floor Area Ratios* by Public Waters Classes 1,300 .133 .068 .034