Debt service payment for 2012 Refunding Bond.

2012A Refunding Bond DS Beginning Balance $103,866.36 Receipts $2,286.80 Disbursements $83,725.00 Ending Balance $22,428.16

F19

Principal and interest payment GO Series 2012A. Bucket: Claim 1160 - Bond Trust Services Corp

Principal and interest payment for GO Series 2012A to Bond Trust Services Corp.

01/07/2019 Bond Trust Services Corp Principal & Interest payment GO Series 2012A 1160 29324 Yes $83,250.00 311-47210-611 $3,250.00 ... 311-47110-601 $80,000.00

2019 actual transfer in to Equipment Replacement capital fund.

Transfer In 82,500 62,500 72,500 72,500 72,500 - 0.00%

Prior annual payment for Fire Department JPA Agreement before 2020 negotiation.

PENDING THE ACCEPTANCE OF PAYMENT OF $8,048 RATHER THAN $82,215/YEAR BY PILON, SECONDED BY GREENBERG; ALL IN FAVOR, MOTION CARRIED.

Total bid amount for Schedule E - Garnet Street from Asphalt Surface Technologies, Corp.

Total Bid Schedule "E" $67,437.90 $72,364.10 $66,189.15 $81,635.00

Asphalt Surface Technologies, Corp. bid for Garnet Street (Schedule E) portion of 2019 Street Improvements.

Total Bid Schedule "E" $67,437.90 $72,364.10 $66,189.15 $81,635.00

Total bid amount for Schedule C - Meadows of Verde Valley from North Valley, Inc.

Total Bid Schedule "C" $81,257.83 $87,598.00 $84,235.20 $95,319.00

Estimated construction cost (bid) for Meadows of Verde Valley project.

Meadows of Verde Valley Estimated Construction Cost (Bid) $81,257.83 Estimated Engineering, Legal and Administrative Costs $10,300.00 Estimated Financing Costs $2,600.00 Contingency $3,000.00 Rounding $522.17 Total Project Costs (Actual & Forecast) $97,680.00

F21

Estimated construction cost based on the bid. Bucket: Meadows of Verde Valley

Estimated construction cost for Meadows of Verde Valley project.

Meadows of Verde Valley Estimated Construction Cost (Bid) $81,257.83

North Valley, Inc. bid for Meadows of Verde Valley (Schedule C) portion of 2019 Street Improvements.

Total Bid Schedule "C" $81,257.83 $87,598.00 $84,235.20 $95,319.00

Median annual salary for urban and regional planners in Minnesota (2019).

<tr> <td>2019</td> <td>$80,680</td> <td>9.47%</td> <td></td> </tr>

Principal portion of debt service payment for GO Series 2012A.

Bond Trust Services Corp Principal & Interest payment GO Series 2012A ... 311-47210-611 $3,250.00 ... 311-47110-601 $80,000.00

Rolling Hills total estimated project cost

Total estimated project cost for Rolling Hills. Bucket: Rolling Hills

Total estimated project cost including construction, financing, and administrative costs for Rolling Hills 1.5" overlay project.

BID SCHEDULE "D" - ROLLING HILLS 1.5" OVERLAY $70,627.82 FINANCING COSTS $2,000.00 ENGINEERING, LEGAL, ADMINISTRATIVE $7,062.78 TOTAL ESTIMATED PROJECT COST $79,690.60

Revised wage expenditures for City Clerk position in 2019 budget.

At the beginning of 2019 the City choose to repost for a City Clerk position, which decreased wage expenditures to $78,000, but Planning and Zoning expenditures would increase by $21,000.

Wage for City Clerk position after reposting in 2019.

At the beginning of 2019 the City choose to repost for a City Clerk position, which decreased wage expenditures to $78,000, but Planning and Zoning expenditures would increase by $21,000.

Cost estimate for type SP 9.5 wearing course mixture for 189th Lane, 190th Lane and Dolomite Street project.

ITEM NO. 10 TYPE SP 9.5 WEARING COURSE MIXTURE (2,B) QTY 1200 UNIT TON UNIT PRICE $65.00 EXTENSION $ 78,000.00

Resolution 2019-26 Rolling Hills reimbursement bond maximum

Estimated maximum principal amount for reimbursement from tax-exempt obligations for Rolling Hills. Bucket: Rolling Hills

Estimated maximum principal amount of tax-exempt obligations to reimburse expenditures for Rolling Hills improvements.

The City reasonably expects to reimburse the expenditures made for certain costs of the Project from the proceeds of tax-exempt obligations in an estimated maximum principal amount of $77,880. All reimbursed expenditures will be capital expenditures, costs of issuance of the tax-exempt obligations, or other expenditures eligible for reimbursement under Section 1.150-2(d)(3) of the Reimbursement Regulations.

Total project costs (actual and forecast) for Rolling Hills project.

Rolling Hills Estimated Construction Cost (Bid) $64,505.63 Estimated Engineering, Legal and Administrative Costs $8,000.00 Estimated Financing Costs $2,000.00 Contingency $3,000.00 Rounding $374.37 Total Project Costs (Actual & Forecast) $77,880.00

F33

Total project cost in Resolution 2019-39. Bucket: Rolling Hills

Total project cost estimate for 194th Lane, Eaton Street, 195th Avenue and Driscoll Street (Resolution 2019-39).

The City Engineer estimates the total project cost to be $77,880 including estimated bonding, engineering and legal costs.

Total project costs for Rolling Hills project.

Total Project Costs (Actual & Forecast) $77,880.00

F-002

Engineer’s estimate for the Rolling Hills project as stated in the transcript. Bucket: Rolling Hills road improvement

F3

Agenda preliminary estimate for the proposed 2019 road improvement to Rolling Hills. Bucket: Rolling Hills

F-001

Preliminary estimate for the proposed 2019 Rolling Hills road improvement in the minutes. Bucket: Rolling Hills road improvement

Preliminary cost estimate for 2019 road improvement to Rolling Hills

2). 6:30 PM - PUBLIC ASSESSMENT HEARING FOR PROPOSED 2019 ROAD IMPROVEMENT TO GARNET STREET - Preliminary Estimate $86,100 3). 7:00 PM - PUBLIC ASSESSMENT HEARING FOR PROPOSED 2019 ROAD IMPROVEMENT TO ROLLING HILLS - Preliminary Estimate $77,800 4). 7:30 PM - PUBLIC ASSESSMENT HEARING FOR PROPOSED 2019 ROAD IMPROVEMENT TO HALAS ST NW - Preliminary Estimate $136,000

Preliminary estimate for 2019 road improvement project to Rolling Hills.

Mayor Pilon opened the meeting at 6:08 PM. Pledge of Allegiance was said. 1). 6:10 PM - OPENED PUBLIC HEARING FOR PROPOSED 2019 ROAD IMPROVEMENT TO ROLLING HILLS - Preliminary Estimate $77,800 (9 residents present) Attorney Ruppe informed those present that this everything in the presentation is just based on estimates.

Preliminary estimated cost for 2019 Rolling Hills road improvement project.

6:10 PM - OPENED PUBLIC HEARING FOR PROPOSED 2019 ROAD IMPROVEMENT TO ROLLING HILLS - Preliminary Estimate $77,800 (9 residents present) Attorney Ruppe informed those present that this everything in the presentation is just based on estimates. This is Residents' opportunity to be heard and get questions answered, though the City Council is the final decision maker.

Preliminary estimated cost for 2019 road improvement to Rolling Hills.

7:00 PM - PUBLIC ASSESSMENT HEARING FOR PROPOSED 2019 ROAD IMPROVEMENT TO ROLLING HILLS - Preliminary Estimate $77,800

Total bid amount for Schedule D - Rolling Hills from Asphalt Surface Technologies, Corp.

Total Bid Schedule "D" $64,505.63 $73,357.80 $65,060.25 $77,767.00

Asphalt Surface Technologies, Corp. bid for Rolling Hills (Schedule D) portion of 2019 Street Improvements.

Total Bid Schedule "D" $64,505.63 $73,357.80 $65,060.25 $77,767.00

General Fund claims subtotal

General Fund share of the September 2019 claims batch. Bucket: 100 General Fund

Total expenditures from General Fund for August 2019.

Fund Summary 100 General Fund $77,635.16 414 Street Renewal Improvment Fund $10,490.32 603 Recycling Center $5,533.91 $93,659.39

F11

Transcript verbal preliminary estimate for Rolling Hills, differing from the agenda estimate. Bucket: Rolling Hills

Year-to-date transfers out from the general fund as of June 30, 2019.

<tr> <td>Transfers Out</td> <td>0</td> <td>76,141</td> <td></td> </tr>

General Fund transfers out during period ending 6/30/2019.

General Fund Beginning Balance 513,735.37 Receipts 176,898.70 Sale of Investments 241,578.75 Transfers In 0.00 Disbursements 660,911.75 Purchase of Investments 250,000.00 Transfers Out 76,140.53 Ending Balance (54,839.46) Investment Balance 250,000.00 Total Balance 195,160.54

Transfers out from General Fund.

<td>General Fund</td> <td>513,735.37</td> <td>1,054,765.77</td> <td>241,578.75</td> <td>0.00</td> <td>1,348,148.32</td> <td>950,000.00</td> <td>76,140.53</td> <td>(564,208.96)</td> <td>850,000.00</td> <td>285,791.04</td>

Transfers out from General Fund for the period ending July 31, 2019.

General Fund 513,735.37 933,048.57 241,578.75 0.00 756,936.25 250,000.00 76,140.53 605,285.91 250,000.00 855,285.91

Garnet Street bid schedule estimate

Bid Schedule E construction estimate for Garnet Street 1.5 inch overlay. Bucket: Garnet Street

Estimated total cost for Garnet Street 1.5" overlay project excluding financing and administrative costs.

BID SCHEDULE "E" - GARNET STREET 1.5" OVERLAY $ 75,914.15 FINANCING COSTS $ 2,270.00 ENGINEERING, LEGAL, ADMINISTRATIVE $ 7,591.42 TOTAL ESTIMATED PROJECT COST $ 85,775.57

FIN-025

Total actual and forecast project cost for Rolling Hills. Bucket: Rolling Hills total project cost

Property assessment levy declared for Halas Street project.

WHEREAS, costs have been determined for the improvements for Halas Street ... The City Engineer estimates the total project cost to be $147,400 including estimated bonding, engineering and legal costs. The total cost of the project costs proposed to be paid by the City of Nowthen is $73,700 in addition to any cost overruns. NOW, THEREFORE, BE IT RESOLVED ... The portion of the cost of such improvement to be paid by the City is hereby declared to be $73,700 in addition to any cost overruns for this project and the portion of the cost to be assessed against benefited property owners is hereby declared to be $73,700.

F18

City portion and property-owner assessment portion were each declared at this amount. Bucket: Halas Street

Portion of Halas Street project cost to be assessed to benefitting properties.

Project Cost Assessed to Benefitting Properties (50%) $73,700.00

Portion of Halas Street project cost to be assessed to property owners (Resolution 2019-37).

the portion of the cost to be assessed against benefited property owners is hereby declared to be $73,700.

City's share of Halas Street project cost (Resolution 2019-37).

The total cost of the project costs proposed to be paid by the City of Nowthen is $73,700 in addition to any cost overruns.

Project cost assessed to benefitting properties for Halas Street (50%).

Halas Street Original Estimated Project Cost $136,000.00 Project Cost Assessed to Benefitting Properties (50%) $73,700.00 Number of Benefitting Properties - Direct Access 10 Assessment Amount - Direct Access $7,370.00