Commercial Planned Unit Development floor area ratio for 600 sq ft average unit floor area on sewered general development lakes

Commercial Planned Unit Development Floor Area Ratios* by Public Waters Classes 600 .072 .038 .019

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

Commercial Planned Unit Development Floor Area Ratios* by Public Waters Classes 500 .065 .032 .016

Floor area ratio for commercial PUDs (600 sq ft, sewered general development lakes, etc.)

<td>600</td> <td>.072</td> <td>.038</td> <td>.019</td>

Long distance call rate for MNIT Services.

*Should you choose MNIT Services for long distance, the rate is $0.0687 per minute for outgoing calls.*

Floor area ratio for commercial PUDs (1,300 sq ft, second/additional tiers, recreational lakes, etc.)

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

Floor area ratio for commercial PUDs (1,400 sq ft, second/additional tiers, recreational lakes, etc.)

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

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

<td>500</td> <td>.065</td> <td>.032</td> <td>.016</td>

Floor area ratio for commercial PUDs (1,200 sq ft, second/additional tiers, recreational lakes, etc.)

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

Employee FICA withholding rate for Social Security.

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.

Interest rate charged on unpaid bills for city-incurred professional fees and expenses.

Bills not paid within the 10 days of request for payment by the City shall accrue interest at the rate of 6% per year.

Per capita cost sharing rate for Anoka County economic development.

2. For 2021, the City agrees to contribute the sum of $0.057 per individual resident within its city limits, as a voluntary contribution to the economic development costs described above.

FIN-004

Voluntary City contribution rate per resident for the Anoka County economic development cost-sharing agreement. Bucket: Anoka County economic development contribution rate

Interest rate charged on unpaid bills for city-incurred professional fees and expenses.

Bills not paid within the 10 days of request for payment by the City shall accrue interest at the rate of 6% per year. Further, if I fail to pay said amounts when due, then the City may certify such costs against any property owned by me within the City limits for collection with the real estate taxes and/or take necessary legal action to recover such costs and I agree that the City shall be entitled to attorney's fees and other costs incurred by the City as a result of such legal action.

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

Commercial Planned Unit Development Floor Area Ratios* by Public Waters Classes 400 .056 028 .014

Per-resident rate for 2022 voluntary economic development cost share.

For 2022, the City agrees to contribute the sum of $0.057 per individual resident within its city limits, as a voluntary contribution to the economic development costs described above.

Interest rate charged on unpaid bills for city-incurred professional fees and expenses.

Bills not paid within the 10 days of request for payment by the City shall accrue interest at the rate of 6% per year.

Economic development cost-sharing rate per resident

City's voluntary contribution rate per resident for 2021 economic development cost sharing. Bucket: Anoka County Economic Development

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

<td>400</td> <td>.056</td> <td>028</td> <td>.014</td>

Interest rate for unpaid invoices related to land use application costs.

The invoice shall be paid within 30 days of the date of the invoice. Invoices not paid within the 30 days of request for payment by the City shall accrue interest at the rate of 6% per year.

Commercial Planned Unit Development floor area ratio for 1,100 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 1,100 .116 .058 .029

Interest rate charged on unpaid bills for city-incurred professional fees and expenses.

Bills not paid within the 10 days of request for payment by the City shall accrue interest at the rate of 6% per year.

Maximum combined COLA and merit increase rate for 2024.

Administrator Lehner was asked to break out COLA and the Merit to not exceed 6% total. The breakdown is 3.5% to be COLA and 2.5% to be used for Merit Increases.

Projected approximate percentage increase in total property tax levy for 2020.

Lori Yager explained that every year the city is required to adopt a preliminary levy and proposed budget and submit that information to the county. The county would then take that information and send out truth and taxation notices to all property owners. The deadline for this is September 30th. This year, the overall increase including debt service and operations is an approximate 5.5% increase in the total Levy.

ACRED per-resident contribution rate

Voluntary contribution rate per individual resident for 2020. Bucket: Anoka County Regional Economic Development

Interest rate applied to unpaid special assessments after prepayment period.

You may at any time thereafter pay to the County Auditor the entire amount of the assessment remaining unpaid, with interest accrued to December 31 of the next succeeding year. If you decide not to prepay the assessment before the date given above, the rate of interest that will apply is 6% per year.

Interest rate charged on unpaid bills for application-related fees.

Bills not paid within the 10 days of request for payment by the City shall accrue interest at the rate of 6% per year.

Floor area ratio for commercial PUDs (1,100 sq ft, second/additional tiers, recreational lakes, etc.)

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

Interest rate applied to Driscoll Street assessment if not prepaid.

Rolling Hills: $3,380 total assessment, plus 6% interest if not prepaid by November 15th.

Interest rate applied to unpaid nuisance service call invoices.

Unpaid invoices shall accrue interest at the rate of six percent (6%) per year.

Interest rate charged on unpaid bills for administrative, legal, and professional costs incurred by the City.

Applicants, their successors, and assigns, shall reimburse the City for all administrative, legal, and professional costs incurred the enforcement of this Variance and Deed Restriction. Applicants agree to pay all such costs within 30 days of billing by the City. Bills not paid within 30 days of billing by the City shall accrue interest at the rate of 6% per year.

Commercial Planned Unit Development floor area ratio for 1,200 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 1,200 .125 .064 .032

Interest rate applied to unpaid assessments for Rolling Hills road improvements.

Rolling Hills: $3,380 total assessment, plus 6% interest if not prepaid by November 15th. After that date, it will go on their 2020 property taxes with the 6% interest.

Interest rate for special assessment if not paid in full before county certification.

Once the assessment roll has been completed, residents can pay in full to avoid any interest charges before the county certifies the assessment or let it be assessed to the property with property taxes to pay for 10 years at 6%.

Interest rate charged on unpaid bills for application-related costs.

Bills not paid within the 10 days of request for payment by the City shall accrue interest at the rate of 6% per year.

Original COLA rate in 2024 budget before splitting into COLA and merit.

Council member Breyen responded there was a COLA increase in the budget of 6%, at the work session It was broken apart to give some COLA and some merit to provide the administrator some flexibility with distribution.

Typical interest rate on assessments for the Jasper Street Improvement project.

The assessments may be paid in full up front or amortized over a period of time, typically 10 years, with an interest rate as determined by the City Council. Generally, interest rates on assessments are on the order of 5 percent.

Floor area ratio for commercial PUDs (900 sq ft, second/additional tiers, recreational lakes, etc.)

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

Commercial Planned Unit Development floor area ratio for 900 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 900 .099 .050 .025

The authorized total salary increase pool for all City employees in 2025.

For example, in 2025, the City Council has authorized a total salary increase pool of 5% for the City's employees. This 5% increase will be divided into COLA and merit-based components. The City Administrator will determine the appropriate distribution of these increases, based on the financial health of the City, inflation rates, and individual performance.

Commercial Planned Unit Development floor area ratio for 1,000 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 1,000 .108 .054 .027

Maximum percentage of proceeds allowed for certain costs not to be subject to reimbursement allocation timing rules.

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.

Commercial Planned Unit Development floor area ratio for 800 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 800 .091 .046 .023

Maximum percentage of proceeds allowed for certain costs not to be subject to reimbursement allocation timing rules.

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 proceeds allowed for certain costs not to be subject to reimbursement allocation timing rules.

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.

Bid security required for project bidding per Minnesota Statutes Chapter 429.

No bids will be considered unless sealed and filed with the City Clerk or Deputy City Clerk and accompanied by a cash deposit, cashier's check, or bid bond or certified check payable to the Clerk for five percent (5%) of the amount of such bid.

Estimated impact of levy increase on property owners.

This suggested levy increase would be approximately 5% to Nowthen property owners.

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

Commercial Planned Unit Development Floor Area Ratios* by Public Waters Classes 300 .048 .024 .012

2023 COLA rate for city staff.

In this case 3.5% is not far off from the index. Last year was 5% and that was low. What does this look like with real numbers? Is everyone in it? New employees receive it? Let's figure that out then go back to Jan. 1, 2024.

Reference rate for costs eligible for reimbursement allocation from tax-exempt obligations.

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 costs eligible for reimbursement allocation from tax-exempt obligations.

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.