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2016.07.19 Council Meeting Packet Posted: July 15 , 2016 CITY OF CRYSTAL City Council Meetings Tuesday, July 19, 2016 MEETING SCHEDULE Time Type of Meeting Location 6:00 p.m. 6:15 p.m. 1st Council work session to discuss: • Settlement of Phase 15 assessment appeal (this portion of the work session will be closed pursuant to Chapter 13D of state law) • Update on CUAPB lawsuit (this portion of the work session will be closed pursuant to Chapter 13D of state law) Conference Room A 6:45 p.m. EDA Regular Meeting Council Chambers 7:00 p.m. Regular City Council meeting Council Chambers Immediately following the regular City Council meeting 2nd City Council work session to discuss: • Bassett Creek regional park and trail update • Community Outreach Task Force update • CPRR Quiet Zone – revised layouts for West Broadway and Douglas Drive crossings • Blue Line update • Council goals and city manager monthly check in • Constituent issues update • New business • Announcements Conference Room A Auxiliary aids are available upon request to individuals with disabilities by calling the City Clerk at (763) 531-1145 at least 96 hours in advance. TTY users may call Minnesota Relay at 711 or 1-800-627-3529. 4141 Douglas Drive North • Crystal, Minnesota 55422-1696 Tel: (763) 531-1000 • Fax: (763) 531-1188 • www.crystalmn.gov Posted: July 15, 2016 CRYSTAL CITY COUNCIL FIRST WORK SESSION AGENDA Tuesday, July 19, 2016 6:00 p.m. Conference Room A Pursuant to due call and notice given in the manner prescribed by Section 3.01 of the City Charter, the first work session of the Crystal City Council was held at ______ p.m. on Tuesday, July 19, 2016 in Conference Room A located at 4141 Douglas Drive, Crystal, Minnesota. I. Attendance Council members Staff ____ Peak ____ Norris ____ Adams ____ Therres ____ Dahl ____ Revering ____ Deshler ____ Ray ____ Kolb ____ Gilchrist ____ Libby ____ Serres ____ Parsons II. Agenda The purpose of the work session is to discuss the following agenda items: 1. 6:00 p.m. - Settlement of Phase 15 assessment appeal (this portion of the work session will be closed pursuant to Chapter 13D of state law)* 2. 6:15 p.m. - Update on CUAPB lawsuit (this portion of the work session will be closed pursuant to Chapter 13D of state law)* III. Adjournment The work session adjourned at ______ p.m. * Denotes no supporting information included in the packet. Auxiliary aids are available upon request to individuals with disabilities by calling the City Clerk at (763) 531-1145 at least 96 hours in advance. TTY users may call Minnesota Relay at 711 or 1-800-627-3529. 4141 Douglas Drive North • Crystal, Minnesota 55422-1696 Tel: (763) 531-1000 • Fax: (763) 531-1188 • www.crystalmn.gov 4141 Douglas Drive North • Crystal, Minnesota 55422-1696 Tel: (763) 531-1000 • Fax: (763) 531-1188 • www.crystalmn.gov AGENDA ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF CRYSTAL  REGULAR MEETING  TUESDAY, JULY 19, 2016 6:45 P.M. CRYSTAL CITY HALL COUNCIL CHAMBERS 1. Call to order * 2. Roll call * 3. Approval of minutes from the June 21, 2016 special meeting 4. Public Hearing: Consider a resolution authorizing the sale of 4331 Vera Cruz Avenue North to Timbercraft Enterprises for new house construction 5. Other business * 6. Adjournment * *Items for which no materials are included in the packet Minutes of the Crystal Economic Development Authority Special Meeting June 21, 2016 President Peak called the regular meeting of the Crystal Economic Development Authority to order at 7:52 p.m. Upon call of the roll, the following members were present: Jim Adams, Elizabeth Dahl, Julie Deshler, Jeff Kolb, Olga Parsons and Casey Peak. The following staff members were present: Anne Norris, City Manager; John Sutter, Community Development Director; Dan Olson, City Planner; and Troy Gilchrist, City Attorney. Motion by Commissioner Adams (Parsons) to approve the minutes of the June 7, 2016 regular meeting. Motion carried. The EDA held a public hearing to consider a resolution authorizing the sale of a lot at 3122 Douglas Drive North to Tollberg Homes. Mr. Olson presented the staff report. President Peak opened the public hearing. No one appeared and the hearing was closed. Motion by Commissioner Adams (Deshler) to adopt a resolution authorizing the sale of 3122 Douglas Drive North to Tollberg Homes. Motion carried. The EDA considered tentative acceptance of a proposal from Timbercraft Enterprises for the lot at 4331 Vera Cruz Avenue North. Mr. Olson presented the staff report. Peter Merlowski of Timbercraft Enterprises appeared before the board. Mr Olson and Mr. Sutter answered questions from the board. Motion by Commissioner Kolb (Parsons) to tentatively accept the proposal from Timbercraft Enterprises for the lot at 4331 Vera Cruz Avenue North without the staff recommendation regarding the side entrance but directing staff to contact the adjacent homeowner and communicate their preference to the builder regarding same. Motion carried. Under Other Business, Mr. Sutter answered questions from the board regarding the status of the former Thriftway building at 5717 West Broadway and the potential to move EDA properties to market. Potential blighted property acquisitions will be discussed at a future work session. Motion by Commissioner Dahl (Parsons) to adjourn the meeting. Motion carried. The meeting adjourned at 8:15 p.m. _______________________________ Casey Peak, President ATTEST: ______________________________ Olga Parsons, Vice President Page 1 of 1 ___________________________________________________________________________ FROM: Dan Olson, City Planner ___________________________________________________________________________ DATE: July 15, 2016 TO: Anne Norris, Executive Director (for July 19 EDA meeting) SUBJECT: PUBLIC HEARING: Consider a resolution authorizing the sale of lot at 4331 Vera Cruz Avenue North to Timbercraft Enterprises for construction of a new house Timbercraft Enterprises, a Minnesota Residential Building Contractor with no enforcement actions, has submitted a proposal to purchase the lot at 4331 Vera Cruz Avenue North for $50,000. The EDA tentatively accepted the builder’s proposal on June 21, 2016. The proposed resolution, site location map, proposal form, site sketch and house plan are attached. The plans presented on June 21st were tentative and were to be revised before the required public hearing so that they could be tailored for the property at 4331 Vera Cruz. The builder has revised those plans to reconfigure the location of the bedrooms and create a rear entrance to easily access the back yard and the detached garage. The final house plans are for a new one-story home with a detached garage accessed off of the alley. The proposed house would have 1,176 square feet on the main floor with an open living-dining-kitchen area, three bedrooms and two bathrooms. The lower level would have a laundry area and space for a bedroom, bathroom and large family room to be finished later. If on July 19 the EDA adopts the attached resolution then the lot sale would close in August. Construction would begin after closing with completion anticipated by early 2017. REQUESTED EDA ACTION: After holding the public hearing and receiving any testimony, consider adopting the attached resolution authorizing the property sale of 4331 Vera Cruz Avenue North to Timbercraft Enterprises. EDA STAFF REPORT PUBLIC HEARING 4331 Vera Cruz Avenue North – Sale of Lot to Timbercraft Enterprises ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF CRYSTAL HENNEPIN COUNTY STATE OF MINNESOTA RESOLUTION NO. 2016-04 A RESOLUTION AUTHORIZING THE SALE OF 4331 VERA CRUZ AVENUE NORTH FOR NEW HOUSE CONSTRUCTION WHEREAS, the Economic Development Authority of the City of Crystal (“the EDA”) is the owner of 4331 Vera Cruz Avenue North, legally described as follows: Lot 2, Block 1, Robbinsdale Home Gardens Second Addition, Hennepin County, Minnesota (“the Property”); and WHEREAS, the EDA has solicited proposals from builders who desire to purchase the Property from the EDA and construct thereon a new single family house; and WHEREAS, the EDA has reviewed and accepted the proposal from Timbercraft Enterprises. NOW, THEREFORE, BE IT RESOLVED that the EDA authorizes the sale of the Property to Timbercraft Enterprises. BE IT FURTHER RESOLVED that the sale shall be completed in accordance with the terms of the Purchase and Redevelopment Agreement in substantially the form on file in City Hall, and that the President and Executive Director are hereby authorized to sign said Agreement and other documents required to complete the sale of the Property to Timbercraft Enterprises. Adopted this 19th day of July, 2016. ____________________________________ Casey Peak, President ____________________________________ Anne Norris, Executive Director City Council Meeting Agenda July 19, 2016 7:00 P.M. Council Chambers THE CITY MANAGER’S COMMENTS ARE BOLDED. 1. CALL TO ORDER, ROLL CALL, AND PLEDGE OF ALLEGIANCE 2. APPROVAL OF AGENDA The Council will consider approval of the agenda.* 3. COUNCIL MEETING MINUTES The Council will consider the minutes from the following meetings in a single motion: a. The Regular City Council Meeting from June 21, 2016; b. The Council Work Sessions from June 21, 2016; c. The Council Work Session from June 28, 2016; and d. The Council Work Session from July 12, 2016. 4. CONSENT AGENDA The Council will consider the following items, which are routine and non-controversial in nature, in a single motion: 4.1 Approval of the list of license applications submitted by the City Clerk to the City Council, a list that is on file in the office of the City Clerk; 4.2 Approval of a resolution accepting the following donations: a. $2,000.00 from Crystal Lions for Crystal Frolics b. 115 tons of surplus salt from Prescription Landscape c. $1,000.00 from VFW Post 494 for Crystal Airport Open House d. $136.20 from various donation boxes for Crystal K-9 Unit 4.3 Approval of a special permit to serve wine and beer at Yunkers Park on Saturday, July 16, 2016, from 5-10 p.m., for up to 100 guests to attend a neighborhood get together, submitted by Elizabeth Dahl. (This license was pre- approved by City Manager Anne Norris on July 7, 2016, as the event was being held before the next council meeting.); 4141 Douglas Drive North • Crystal, Minnesota 55422-1696 Tel: (763) 531-1000 • Fax: (763) 531-1188 • www.crystalmn.gov Crystal City Council Meeting Agenda July 19, 2016 4.4 Approval of a special permit to serve wine and beer at the Community Center on Saturday, July 23, 2016, from 5-11:45 p.m., for up to 250 guests to attend an event, submitted by Big Ten Catering; 4.5 Approval of a temporary on-sale liquor license for a church festival on August 5 - 7, 2016, submitted by the Church of St. Raphael located at 7301 56th Avenue North; and 4.6 Approval of a settlement regarding Phase 15 assessment appeal. 5. OPEN FORUM (The City Council appreciates hearing from citizens about items of concern and desires to set aside time during each meeting for Open Forum. To provide ample opportunity for all, speaking time is limited to three minutes and topic discussion is limited to ten minutes. The Mayor may, as presiding officer, extend the total time allowed for a topic. By rule, no action may be taken on any item brought before the Council during Open Forum. The Council may place items discussed during Open Forum onto subsequent Council meeting agendas.) 6. REGULAR AGENDA 6.1 The Council will consider approval of disbursements over $25,000 submitted by the Finance Director to the City Council, a list that is on file in the office of the Finance Director. Recommend approval of disbursements over $25,000. 6.2 The Council will consider a resolution awarding the sale of general obligation improvement bonds, series 2016A, in the original aggregate principal amount of $3,330,000; fixing their form and specifications; directing their execution and delivery; and providing for their payment. The City Council authorized the sale of bonds to finance Phase 15 of street reconstruction. Finance Director Charles Hansen and a representative of Springsted will be at the meeting to report on the results of the bond sale. Recommend approval of the resolution awarding the sale of bonds as recommended by Springsted. 6.3 The Council will consider a front setback variance for 3226 and 3232 Georgia Avenue North. The developer of the Gardendale Subdivision is requesting variances to the front setback for the proposed homes to be constructed at 3226 and 3232 Georgia Avenue North. The front setbacks are proposed to be reduced from 30 feet to 15 feet as measured from the home’s foundation to the cul-de-sac easement line which will result in both homes being 25 feet from the cul-de- sac curb. The developer’s reason for requesting the variances is for the homes at 3226 and 3232 Georgia to have a front setback that is similar to other future homes on Georgia south of the cul-de-sac. On July 11 the Crystal City Council Meeting Agenda July 19, 2016 Planning Commission held a public hearing on the requested variances and unanimously recommended approval based on the findings and conditions outlined in the staff report. 6.4 The Council will consider initiating a zoning ordinance text amendment revising the Floodplain Overlay District. As discussed at the July 12 work session, FEMA is requiring updates to local flood plain ordinances and maps be approved by November 4. In order to meet this deadline, recommend approval of initiating the ordinance amendment process for the Planning Commission’s consideration in August. 6.5 The Council will consider first reading of an ordinance opting out of the statute on temporary family health care dwellings. During the 2016 session the Legislature adopted a statute allowing temporary family health care dwellings statewide. As defined by the statute, a temporary family health care dwelling is “a mobile residential dwelling providing an environment facilitating a caregiver’s provision of care for a mentally or physically impaired person” that meets additional criteria. This new law is effective on September 1, 2016. While the statute preempts local regulation of drop homes, it also says that permits are to be issued and inspections performed by local governments. If local governments do not wish to allow drop homes, the statute includes a provision allowing them to opt out by adopting an ordinance. As discussed at the June 21 work session, recommend approval of the first reading of an ordinance opting out of the statute on temporary family health care dwellings. 6.6 The Council will consider approval of 2017 West Metro Fire-Rescue District budget. The Joint Powers Agreement for the West Metro Fire District requires the West Metro Board to approve the budget by June and forward it to both city councils for their consideration. The Board approved the 2017 West Metro budget at its April meeting. Both the Crystal and New Hope city councils need to approve the West Metro budget by July 31. The total proposed West Metro budget (general fund and capital) for 2017 is $2,190,500.00, an increase of $148,700.00 (7.28%) from the 2016 budget. According to the District funding formula, Crystal’s share of the 2017 budget is 49.4988% of the costs, or $1,084,271, an increase of $65,064 over Crystal’s share in 2016. Recommend approval of the 2017 West Metro Fire-Rescue District 2017 budget. 6.7 The Council will consider terms of a loan agreement with Crystal Little League. Earlier this year, the Crystal Little League was awarded a Hennepin County Youth Sports Grant towards the cost of renovating the three ball fields. The total cost of the project is estimated at approximately $78,000 and the grant is $38,000. Crystal Little League is requesting the City consider a loan Crystal City Council Meeting Agenda July 19, 2016 agreement to help with cash flowing the project, similar to what the City did with the ballfield lighting project in 2012. If the City Council finds this arrangement acceptable, the City Attorney’s office will draft the loan agreement for City Council consideration and execution at its August 16 meeting. 7. INFORMATION AND ANNOUNCEMENTS a. The Crystal Business Association meets on Wednesday, July 20, at 8:30 a.m. at Northridge Care Center, 5430 Boone Avenue North. b. Crystal Frolics is July 28 – 31. For more information, visit www.crystalfrolics.org c. The next Music in the Park event will be held at Welcome Park beginning at 7:00 p.m. on Wednesday, July 27. d. Minnesota Night to Unite is Tuesday, August 2. Registration forms are due July 22. e. The next City Council meeting begins at 7:00 p.m. on Tuesday, August 16, in the Council Chambers at City Hall. f. The City Council will hold budget work sessions in August on Thursday, August 11, 18 and 25 at 6:30 p.m. in the Community Room at City Hall. g. Girl and Boy Scout troops interested in leading the pledge at future regular City Council meetings may contact city staff for information. h. All City Council meetings and work sessions are open to the public as well as recorded and available for viewing or listening at www.crystalmn.gov. 8. ADJOURNMENT 9. MEETING SCHEDULE ON JULY 19, 2016 Time Type of Meeting Location 6:00 p.m. 6:15 p.m. 1st Council work session to discuss: • Settlement of Phase 15 assessment appeal (this portion of the work session will be closed pursuant to Chapter 13D of state law)* • Update on CUAPB lawsuit (this portion of the work session will be closed pursuant to Chapter 13D of state law)* Conference Room A 6:45 p.m. EDA Regular Meeting Council Chambers Crystal City Council Meeting Agenda July 19, 2016 7:00 p.m. Regular City Council meeting Council Chambers Immediately following the regular City Council meeting 2nd City Council work session to discuss: • Bassett Creek regional park and trail update* • Community Outreach Task Force update • CPRR Quiet Zone – revised layouts for West Broadway and Douglas Drive crossings • Blue Line update* • Council goals and city manager monthly check in • Constituent issues update • New business* • Announcements* Conference Room A * Denotes no supporting information included in the packet. Have a great weekend; see you at Tuesday’s meeting. Crystal City Council Work Session Minutes June 21, 2016 Page 1 of 1 Pursuant to due call and notice given in the manner prescribed by Section 3.01 of the City Charter, the first work session of the Crystal City Council was held at 6:32 p.m. on Tuesday, June 21, 2016 in Conference Room A located at 4141 Douglas Drive, Crystal, Minnesota. Mayor Adams called the meeting to order. I. ATTENDANCE The city clerk recorded the attendance with the following members: COUNCIL: Present: Parsons, Peak, Adams, Dahl, Deshler and Kolb. Absent: Libby. STAFF: City Manager A. Norris, Assistant City Manager/Human Resources Manager K. Therres, Fire Chief S. Larson, Assistant Fire Chief J. Nelson, Police Chief S. Revering, City Attorney T. Gilchrist and City Clerk C. Serres. II. AGENDA The Council and staff discussed the following agenda item: 1. 2017 West Metro Fire-Rescue District budget III. ADJOURNMENT The work session adjourned at 6:59 p.m. ______________________________ Jim Adams, Mayor ATTEST: _____________________________ Chrissy Serres, City Clerk 4141 Douglas Dr. N., Crystal, MN 55422-1696 763-531-1000 • Fax: 763-531-1188 • www.crystalmn.gov Crystal City Council Meeting Minutes June 21, 2016 Page 1 of 5 1. CALL TO ORDER, ROLL CALL, AND PLEDGE OF ALLEGIANCE Pursuant to due call and notice thereof, the Regular Meeting of the Crystal City Council was held on Tuesday, June 21, 2016 at 7:00 p.m. in the Council Chambers at 4141 Douglas Drive in Crystal, Minnesota. Mayor Adams called the meeting to order. ROLL CALL Mayor Adams asked the city clerk to call the roll for elected officials. Upon roll call, the city clerk recorded the following attendance: COUNCIL: Present: Parsons, Peak, Adams, Dahl, Deshler and Kolb. Absent: Libby. STAFF: City Manager A. Norris, Assistant City Manager/Human Resources Manager K. Therres, Community Development Director J. Sutter, City Planner D. Olson, Police Chief S. Revering, City Attorney T. Gilchrist and City Clerk C. Serres. PLEDGE OF ALLEGIANCE Mayor Adams led the Council and audience in the Pledge of Allegiance. 2. APPROVAL OF AGENDA The Council considered approval of the agenda. Moved by Councilmember Kolb and seconded by Councilmember Peak to approve the agenda. Motion carried. 3. APPEARANCES 3.1 Police Chief S. Revering recognized Crystal Police Explorers for awards they received at the Rochester Explorer Conference. 4. COUNCIL MEETING MINUTES The Council considered the minutes from the following meetings in a single motion: a. The Regular City Council Meeting from June 7, 2016; and b. The Council Work Sessions from June 7, 2016. Moved by Councilmember Parsons and seconded by Councilmember Dahl to approve the above minutes in a single motion. Motion carried. 4141 Douglas Dr. N., Crystal, MN 55422-1696 763-531-1000 • Fax: 763-531-1188 • www.crystalmn.gov Crystal City Council Meeting Minutes June 21, 2016 Page 2 of 5 5. CONSENT AGENDA The Council considered the following items, which are routine and non-controversial in nature, in a single motion: 5.1 Approval of the list of license applications submitted by the City Clerk to the City Council, a list that is on file in the office of the City Clerk; 5.2 Approval of Resolution No. 2016-95, accepting the following donations: a. $1,216.00 from Crystal Fund for Community Progress for annual city flower planting b. $901.00 from Crystal Fund for Community Progress for Arbor Day trees c. $149.59 from Dairy Queen to the Crystal K-9 Unit from a fundraiser held on April 19, 2016 d. $10,000.00 from VFW Post 494 for Crystal Frolics e. $161.72 from various donation boxes to the Crystal K-9 Unit f. $10,000.00 from West Metro Fire Relief Association for Crystal Frolics g. $2,000.00 from West Metro Fire Relief Association for Crystal Airport Open House 5.3 Approval of a special permit to serve wine and beer at Bassett Creek Park on Saturday, July 16, 2016, from 5 - 10 p.m., for up to 100 guests to attend a wedding shower/picnic, submitted by Rita Holland; 5.4 Acceptance of Kyle Turner’s resignation from the Environmental Quality Commission; 5.5 Approval of Resolution No. 2016-96, appointing election judges for the 2016 primary and general elections; and 5.6 Approval of Resolution No. 2016-97, establishing an Absentee Ballot Board for the 2016 primary and general elections. Moved by Councilmember Kolb and seconded by Councilmember Peak to approve the consent agenda, but remove items #5.7 and 5.8 and move them to the beginning of the regular agenda. Motion carried. 6. OPEN FORUM No public comment was given during open forum. 7. REGULAR AGENDA 7.1 The Council considered approval of a resolution reducing an assessment for tax forfeit property at 5728 Oregon Court. Moved by Mayor Adams and seconded by Councilmember Deshler to table discussion of the proposed resolution to receive additional information from staff. Voting aye: Parsons, Peak, Adams, Dahl, Deshler and Kolb. Absent, not voting: Libby. Motion carried. Crystal City Council Meeting Minutes June 21, 2016 Page 3 of 5 7.2 The Council considered authorizing execution of an agreement with Hennepin County for Assessing Services Moved by Councilmember Kolb and seconded by Councilmember Peak to authorize execution of an agreement with Hennepin County for Assessing Services. Voting aye: Parsons, Peak, Adams, Dahl, Deshler and Kolb. Absent, not voting: Libby. Motion carried. 7.3 The Council considered approval of disbursements over $25,000 submitted by the Finance Director to the City Council, a list that is on file in the office of the Finance Director. Moved by Councilmember Parsons and seconded by Councilmember Dahl to approve the list of disbursements over $25,000. Voting aye: Parsons, Peak, Adams, Dahl, Deshler and Kolb. Absent, not voting: Libby. Motion carried. 7.4 The Council considered civil penalties for violation of state laws and city ordinances relating to an alcohol compliance check failure by Adair Liquor located at 6001 42nd Avenue North. City Clerk C. Serres addressed the Council. Moved by Councilmember Deshler and seconded by Councilmember Peak to make a motion that based on the staff report, including the findings contained therein, and the other information presented regarding this matter, that a penalty of $750 and a license suspension of one day be imposed in this case. Voting aye: Parsons, Peak, Adams, Dahl, Deshler and Kolb. Absent, not voting: Libby. Motion carried. 7.5 The Council considered civil penalties for violation of state laws and city ordinances relating to an alcohol compliance check failure by Crystal Wine and Spirits located at 4920 West Broadway. City Clerk C. Serres addressed the Council. Business owner E. Charlson addressed the Council. Moved by Councilmember Kolb and seconded by Councilmember Peak to make a motion that based on the staff report, including the findings contained therein, and the other information presented regarding this matter, that a penalty of $500 and no license suspension be imposed in this case. Crystal City Council Meeting Minutes June 21, 2016 Page 4 of 5 Voting aye: Parsons, Peak, Adams, Dahl, Deshler and Kolb. Absent, not voting: Libby. Motion carried. 7.6 The Council considered a resolution approving a Conditional Use Permit for a day care at 6122 42nd Avenue North. City Planner D. Olson addressed the Council. Moved by Councilmember Peak and seconded by Councilmember Dahl to adopt the following resolution, the reading of which was dispensed with by unanimous consent: RESOLUTION NO. 2016 – 98 RESOLUTION APPROVING A CONDITIONAL USE PERMIT FOR THE PROPERTY LOCATED AT 6122 - 42ND AVENUE NORTH Voting aye: Parsons, Peak, Adams, Dahl, Deshler and Kolb. Absent, not voting: Libby. Motion carried, resolution declared adopted. 7.7 The Council considered second reading and adoption of an ordinance amending City Code Section 640.13 pertaining to long grass. Community Development Director J. Sutter addressed the Council. Moved by Councilmember Kolb and seconded by Councilmember Deshler to adopt the following ordinance: ORDINANCE NO. 2016 – 02 AN ORDINANCE AMENDING CHAPTER 6 OF THE CRYSTAL CITY CODE And further, that this is the second and final reading. Voting aye: Parsons, Peak, Adams, Dahl, Deshler and Kolb. Absent, not voting: Libby. Motion carried. 7.8 The Council considered a resolution amending the 2016 PIR to purchase a parks athletic field paint sprayer. City Manager A. Norris addressed the Council. Moved by Councilmember Deshler and seconded by Councilmember Parsons to adopt the following resolution, the reading of which was dispensed with by unanimous consent: Crystal City Council Meeting Minutes June 21, 2016 Page 5 of 5 RESOLUTION NO. 2016 – 99 APPROVING THE PURCHASE OF AN ATHLETIC FIELD PAINT SPRAYER Voting aye: Parsons, Peak, Adams, Dahl, Deshler and Kolb. Absent, not voting: Libby. Motion carried, resolution declared adopted. 9. INFORMATION AND ANNOUNCEMENTS The Council made several announcements about upcoming events. 10. ADJOURNMENT Moved by Councilmember Peak and seconded by Councilmember Deshler to adjourn the meeting. Motion carried. The meeting adjourned at 7:50 p.m. ____________________________ Jim Adams, Mayor ATTEST: _____________________________ Chrissy Serres City Clerk Crystal City Council Work Session Minutes June 21, 2016 Page 1 of 1 Pursuant to due call and notice given in the manner prescribed by Section 3.01 of the City Charter, the second work session of the Crystal City Council was held at 8:21 p.m. on Tuesday, June 21, 2016 in Conference Room A located at 4141 Douglas Drive, Crystal, Minnesota. Mayor Adams called the meeting to order. I. ATTENDANCE The city clerk recorded the attendance with the following members: COUNCIL: Present: Parsons, Peak, Adams, Dahl, Deshler and Kolb. Absent: Libby. STAFF: City Manager A. Norris, Assistant City Manager/Human Resources Manager K. Therres, Community Development Director J. Sutter, Police Chief S. Revering, City Attorney T. Gilchrist and City Clerk C. Serres. II. AGENDA The Council and staff discussed the following agenda items: 1. Temporary family health care dwellings 2. Council goals/priorities and city manager priorities/work plan 3. Constituent issues update 4. New business 5. Announcements III. ADJOURNMENT The work session adjourned at 9:15 p.m. ______________________________ Jim Adams, Mayor ATTEST: _____________________________ Chrissy Serres, City Clerk 4141 Douglas Dr. N., Crystal, MN 55422-1696 763-531-1000 • Fax: 763-531-1188 • www.crystalmn.gov Crystal City Council Work Session Minutes June 28, 2016 Page 1 of 1 Pursuant to due call and notice given in the manner prescribed by Section 3.01 of the City Charter, the special work session of the Crystal City Council was held at 6:05 p.m. beginning at Crystal City Hall, 4141 Douglas Drive, Crystal, Minnesota. I. ATTENDANCE The city manager recorded the attendance with the following members: COUNCIL: Present: Adams, Deshler, Parsons, Dahl, Kolb and Peak. Absent: Libby. STAFF: City Manager A. Norris, Community Development Director J. Sutter, Public Works Director M. Ray and Police Chief S. Revering. OTHER: Dave Davies, Nick Landwer, Brent Rusco, and Dan Soler from Blue Line Project Office. II. AGENDA The purpose of the work session was to visit the following locations: 1. Existing crossing of Bottineau Boulevard at Bass Lake Road. 2. Existing pedestrian bridge over Central Avenue/Trunk Highway 65 at 49th Avenue NE in Columbia Heights. 3. Existing pedestrian bridge at the Northstar Commuter Rail/Riverdale Station at 3050 Northdale Boulevard NW in Coon Rapids. III. ADJOURNMENT The work session adjourned at 8:47 p.m. ______________________________ Jim Adams, Mayor ATTEST: _____________________________ Anne Norris, City Manager 4141 Douglas Dr. N., Crystal, MN 55422-1696 763-531-1000 • Fax: 763-531-1188 • www.crystalmn.gov Crystal City Council Work Session Minutes July 12, 2016 Page 1 of 1 Pursuant to due call and notice given in the manner prescribed by Section 3.01 of the City Charter, the work session of the Crystal City Council was held at 6:30 p.m. on Tuesday, July 12, 2016 in Conference Room A located at 4141 Douglas Drive, Crystal, Minnesota. I. ATTENDANCE The assistant city manager recorded the attendance with the following members: COUNCIL: Present: Parsons, Peak, Adams, Dahl, Deshler, Kolb and Libby. STAFF: City Manager A. Norris, Assistant City Manager/Human Resources Manager K. Therres, Police Chief S. Revering, Public Work Director/City Engineer M. Ray, and Community Development Director J. Sutter. OTHER: Attorney F. Madden. Moved by council member Kolb and seconded by council member Peak to close the meeting to discuss strategy for labor negotiations. Motion carried. Moved by council member Kolb and seconded by council member Peak to adjourn the closed meeting and re-open the work session. Motion carried. II. AGENDA The Council and staff discussed the following remaining agenda items: 1. Introduction to body cameras 2. Flood plain ordinance revisions 3. Blue Line update 4. 2017 budget materials review III. ADJOURNMENT The work session adjourned at 9:06 p.m. ______________________________ Jim Adams, Mayor ATTEST: _______________________________ Kim Therres, Assistant City Manager 4141 Douglas Dr. N., Crystal, MN 55422-1696 763-531-1000 • Fax: 763-531-1188 • www.crystalmn.gov 4.1 Page 1 of 2 APPLICATIONS FOR CITY LICENSE July 19, 2016 ANIMAL KENNEL Ron & Deanna Schuster 5841 Nevada Ave N Crystal, MN 55428 CARNIVAL WITH GAMES Church of St Raphael 7301 56th Ave N Crystal, MN 55428 8/5/16 – 8/7/16 Mad Jax/Midwest Rides for Crystal Frolics at Becker Park 7/28/16 – 7/31/16 GAS INSTALLER Legacy Companies 8850 Wentworth Ave S Bloomington, MN 55420 Neil Heating & A/C P O Box 29292 Minneapolis, MN 55429 PLUMBER AP Plumbing LLC 12433 Uplander St Coon Rapids, MN 55448 C & N Plumbing 11926 Summerset Lane Burnsville, MN 55337 Fritze Plumbing 9381 Trenton Lane N Maple Grove, MN 55369 Ike’s Plumbing 9046 Lake Drive Lexington, MN 55014 Northern Mechanical Contractors 1975 Seneca Rd #100 Eagan, MN 55122 Pipe Masters Inc 6316 Linden Lane Mound, MN 55364 Podany Plumbing Inc 1218 Sugar Lane Chaska, MN 55318 Pressure Creek Plumbing P O Box 1045 Princeton, MN 55371 Salzer Plumbing 14033 Commerce Ave NE Prior Lake, MN 55372 Voss Utility & Plumbing P O Box 240 885 Katydid Lane Hanover, MN 55341 Warners Stellian 550 Atwater Circle, St Paul, MN 55103 RENTAL – NEW 4517 Adair Ave N – Steve & Karolee Ondracek (Conditional) 3649 Colorado Ave N – Ross & Jon Hunter (Conditional) 3703 Colorado Ave N – HC 55422 3703 Co Av N Trust (Conditional) 3333 Edgewood Ave N – Joel Leatherman (Conditional) 5301 Hampshire Ave N – Flowers Estate Trust (Conditional) 3701 Vera Cruz Ave N – Nelson Family Foundation Real Estate Holdings LLC (Conditional) 3709 Vera Cruz Ave N – Nelson Family Foundation Real Estate Holdings LLC (Conditional) 3633 Vera Cruz Ave N – Nelson Family Foundation Real Estate Holdings LLC (Conditional) 4301 Welcome Ave N – Fresh Start Properties 3 LLC (Conditional) 5616 Wilshire Blvd – Daniel A Andresen RENTAL – RENEWAL 3820 Adair Ave N – Scott Lindquist (Conditional) 5701 Adair Ave N – JDA Group LLC 6524 Brentwood Ave N – Eero & Nadya Mattson (Conditional) 4716 Edgewood Ave N – Leslie & Douglas Binstock (Conditional) 5126 Edgewood Ave N – Wally Anderson (Conditional) 5261 Edgewood Ave N – Steven & Kristina Malecha 5817 Hampshire Ave N – Deanna Forkey (Conditional) 3116 Idaho Ave N – Glen & Ruth Maroney (Conditional) 4818-4820 Idaho Ave N – Jason Flaa (Conditional) 4819-4821 Idaho Ave N – Cliff & Sharon Hanson (Conditional) 4825-4827 Idaho Ave N – Philip & Constance Andrzejek (Conditional) 4.1 Page 2 of 2 2925 Hampshire Ave N – Michael Kaldor (Conditional) 5419 Louisiana Ave N – Debra & Duane Sanovia (Conditional) 6325 Markwood Dr – Kevin & Nancy Walton 4616 Maryland Ave N – Godiva Properties LLC (Conditional) 5644 Maryland Ave N – IH2 Property Illinois, LP (Conditional) 3406 Noble Ave N – Susan Kowaliw (Conditional) 5733 Pennsylvania Ave N – Thomas & Kathleen Bohlinger (Conditional) 5610 Perry Ave N – Thanasak Sueblinvong (Conditional) 5737 Regent Ave N – Esso Properties LLC 5706 Sumter Ave N – Napsa One LLC (Conditional) 5417 Toledo Ave N – Scott & Betty Miles 4725 Welcome Ave N – Wally Anderson (Conditional) 5232 Welcome Ave N – Brummer Realty (Conditional) 5825 West Broadway – Adam Hardy (Conditional) 4730 Xenia Ave N – Ryan McArton (Conditional) 6518 – 31st Ave N – Toivo LLC (Conditional) 8308 – 32nd Pl N – Brent Rohs 8316 – 32nd Pl N – Christopher Narins 6600 – 34th Ave N – Matthew Healy (Conditional) 6806 – 34th Ave N – James & Lindsay Darrah (Conditional) 5125 – 34th Pl N – Christy Soles Wandrei 5608 – 36th Ave N – Jeremy & Sara Smude (Conditional) 5708 – 36th Ave N – Eugene Bryskin (Conditional) 6723 – 50th Ave N – Matthew Salden 6418 – 61st Ave N – Godiva Properties LLC CITY OF CRYSTAL RESOLUTION NO. 2016 - RESOLUTION ACCEPTING DONATIONS FROM CRYSTAL LIONS, PRESCRIPTION LANDSCAPE, VFW POST 494 AND VARIOUS INDIVIDUALS WHEREAS, Minnesota Statute §465.03 requires that all gifts and donations of real or personal property be accepted only with the adoption of a resolution; and WHEREAS, said donations must be accepted by a resolution adopted by the City Council. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Crystal to accept the following donations: Donor Purpose Amount Crystal Lions Crystal Frolics $2,000.00 Prescription Landscape Surplus street salt 115 tons VFW Post 494 Crystal Airport Open House $1,000.00 Various individuals (K-9 Donation Boxes) Crystal K-9 Unit $136.20 And BE IT FURTHER RESOLVED that the Crystal City Council sincerely thanks the above- named for their generous donations. Dated this 19th day of July, 2016. By:__________________________ Jim Adams, Mayor ATTEST: ________________________________ Kim Therres, Assistant City Manager 4.2 MEMORANDUM DATE: July 7, 2016 TO: Crystal City Council City Manager Anne Norris FROM: Administrative Services Coordinator Trudy Tassoni SUBJECT: Application for Special Permit for Beer/Wine at Yunkers Park Elizabeth Dahl has applied for a special permit to serve beer/wine at Yunkers Park on Saturday, July 16, 2016, from 5 – 10 p.m., for up to 100 guests to attend a neighborhood get together. The park has been reserved through the Crystal Recreation Department. City Manager Anne Norris pre-approved this application on July 7, 2016, as the event was being held prior to the next council meeting. Council Action Requested Approve the Special Permit for Beer/Wine submitted by Elizabeth Dahl. The application is available for review in the city clerk’s office. COUNCIL STAFF REPORT Consent Agenda: Special Permit for Wine/Beer Council Meeting: 7/19/2016 4.3 MEMORANDUM DATE: July 14, 2016 TO: Crystal City Council City Manager Anne Norris FROM: City Clerk Chrissy Serres SUBJECT: Application for Special Permit for Wine/Beer at Crystal Community Center Big Ten Catering has applied for a special permit to serve wine/beer at Crystal Community Center, for a quinceanera celebration for up to 250 guests on Saturday, July 23, 2016, from 5 – 11:45 p.m. Big Ten Catering has provided a copy of their State of Minnesota Alcohol Caterer’s Permit, and paid all fees for this event. Council Action Requested As part of the Consent Agenda on July 19 , 2016, approve the Special Permit for Wine/Beer at Crystal Community Center, submitted by Big Ten Catering. The application is available for review in the city clerk’s office. COUNCIL STAFF REPORT Consent Agenda: Special Permit for Wine/Beer Council Meeting: July 19, 2016 4.4 4.5 4.6 4.6 4.6 4.6 4.6 6.1 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 ________________________________ * Preliminary; subject to change. Th e i n f o r m a t i o n c o n t a i n e d i n t h i s P r e l i m i n a r y O f f i c i a l S t a t e m e n t i s d e e m e d b y t h e Ci t y to b e f i n a l a s o f t h e d a t e h e r e o f ; h o w e v e r , t h e p r i c i n g a n d u n d e r w r i t i n g i n f o r m a t i o n i s s u b j e c t t o c o m p l e t i o n o r a m e n d m e n t . Un d e r n o c i r c u m s t a n c e s s h a l l t h i s P r e l i m i n a r y O f f i c i a l S t a t e m e n t c o n s t i t u t e a n o f f e r t o s e l l o r t h e s o l i c i t a t i o n o f a n o f f e r to b u y, n o r s h a l l t h e r e b e a n y s a l e o f t h e s e s e c u r i t i e s i n a n y j u r i s d i c t i o n i n w h i c h s u c h o f f e r , so l i c i t a t i o n o r s a l e w o u l d b e u n l a w f u l p r i o r t o r e g i s t r a t i o n o r q u a l i f i c a t i o n u n d e r t h e s e c u r i t i e s l a w s o f a n y s u c h j u r i s d i c t io n . PRELIMINARY OFFICIAL STATEMENT DATED JUNE 28, 2016 NEW ISSUE Moody’s Rating: Requested BANK QUALIFIED In the opinion of Kennedy & Graven, Chartered, Bond Counsel, based on present federal and Minnesota laws, regulations, rulings and decisions, and assuming compliance with certain covenants, interest on the Bonds is excluded from gross income for federal income tax purposes and, to the same extent, from taxable net income of individuals, estates and trusts for Minnesota income purposes, and is not a preference item for purposes of computing the federal alternative minimum tax or the Minnesota alternative minimum tax imposed on individuals, trusts, and estates. Such interest is taken into account in determining adjusted current earnings for the purpose of computing the federal alternative minimum tax imposed on certain corporations and is subject to Minnesota franchise taxes on corporations (including financial institutions) measured by income. No opinion will be expressed by Bond Counsel regarding other state or federal tax consequences caused by the receipt or accrua l of interest on the Bonds or arising with respect to ownership of the Bonds. See “TAX EXEMPTION” and “OTHER FEDERAL TAX CONSIDERATIONS” herein for additional information. $3,330,000* City of Crystal, Minnesota General Obligation Improvement Bonds, Series 2016A (the “Bonds”) (Book Entry Only) Dated Date: Date of Delivery Interest Due: Each February 1 and August 1, commencing August 1, 2017 The Bonds will mature February 1 in the years and amounts* as follows: 2018 $340,000 2019 $255,000 2020 $245,000 2021 $240,000 2022 $235,000 2023 $230,000 2024 $220,000 2025 $215,000 2026 $210,000 2027 $205,000 2028 $200,000 2029 $195,000 2030 $185,000 2031 $180,000 2032 $175,000 Proposals for the Bonds may contain a maturity schedule providing for a combination of serial bonds and term bonds. All term bonds shall be subject to mandatory sinking fund redemption at a price of par plus accrued interest to the date of redemption scheduled to conform to the maturity schedule set forth above. The City may elect on February 1, 2026, and on any day thereafter, to prepay Bonds due on or after February 1, 2027 at a price of par plus accrued interest. The Bonds are general obligations of the City for which the City pledges its full faith and credit and power to levy direct general ad valorem taxes. In addition, the City will pledge special assessments against benefited properties for repayment of the Bonds. The proceeds will be used to finance various street improvement projects within the City. Proposals shall be for not less than $3,296,700 plus accrued interest, if any, on the total principal amount of the Bonds. Proposals shall specify rates in integral multiples of 1/100 or 1/8 of 1%. The initial price to the public for each maturity must be 98.0% or greater. Following receipt of proposals, a good faith deposit will be required to be delivered to the City by the lowest bidder as described in the “Terms of Proposal” herein. Award of the Bonds will be made on the basis of True Interest Cost (TIC). The City will designate the Bonds as “qualified tax-exempt obligations” pursuant to Section 265(b)(3) of the Internal Revenue Code of 1986, as amended. The Bonds will be issued as fully registered bonds without coupons and, when issued, will be registered in the name of Cede & Co., as nominee of The Depository Trust Company (“DTC”). DTC will act as securities depository for the Bonds. Individual purchases may be made in book entry form only, in the principal amount of $5,000 and integral multiples thereof. Investors will not receive physical certificates representing their interest in the Bonds purchased. (See “Book Entry System” herein.) U.S. Bank National Association, St. Paul, Minnesota will serve as registrar (the “Registrar”) for the Bonds. The Bonds will be available for delivery at DTC on or about August 25, 2016. PROPOSALS RECEIVED: July 19, 2016 (Tuesday) until 10:00 A.M., Central Time AWARD: July 19, 2016 (Tuesday) at 7:00 P.M., Central Time Further information may be obtained from SPRINGSTED Incorporated, Municipal Advisor to the City, 380 Jackson Street, Suite 300, Saint Paul, Minnesota 55101-2887 (651) 223-3000. 6.2 CITY OF CRYSTAL, MINNESOTA CITY COUNCIL Jim Adams Mayor Elizabeth Dahl Council Member Julie Deshler Council Member Jeff Kolb Council Member Laura Libby Council Member Olga Parsons Council Member Casey Peak Council Member CITY MANAGER Anne Norris FINANCE DIRECTOR/TREASURER Charles Hansen MUNICIPAL ADVISOR Springsted Incorporated St. Paul, Minnesota BOND COUNSEL Kennedy & Graven, Chartered Minneapolis, Minnesota 6.2 For purposes of compliance with Rule 15c2-12 of the Securities and Exchange Commission, this document, as the same may be supplemented or corrected by the City from time to time, may be treated as a Preliminary Official Statement with respect to the Bonds described herein that is deemed final as of the date hereof (or of any such supplement or correction) by the City. By awarding the Bonds to any underwriter or underwriting syndicate submitting a Proposal therefor, the City agrees that, no more than seven business days after the date of such award, it shall provide without cost to the senior managing underwriter of the syndicate to which the Bonds are awarded copies of the Final Official Statement in the amount specified in the Terms of Proposal. No dealer, broker, salesman or other person has been authorized by the City to give any information or to make any representations with respect to the Bonds, other than as contained in the Preliminary Official Statement or the Final Official Statement, and if given or made, such other information or representations must not be relied upon as having been authorized by the City. Certain information contained in the Preliminary Official Statement or the Final Official Statement may have been obtained from sources other than records of the City and, while believed to be reliable, is not guaranteed as to completeness or accuracy. THE INFORMATION AND EXPRESSIONS OF OPINION IN THE PRELIMINARY OFFICIAL STATEMENT AND THE FINAL OFFICIAL STATEMENT ARE SUBJECT TO CHANGE, AND NEITHER THE DELIVERY OF THE PRELIMINARY OFFICIAL STATEMENT NOR THE FINAL OFFICIAL STATEMENT NOR ANY SALE MADE UNDER EITHER SUCH DOCUMENT SHALL CREATE ANY IMPLICATION THAT THERE HAS BEEN NO CHANGE IN THE AFFAIRS OF THE CITY SINCE THE RESPECTIVE DATE THEREOF. References herein to laws, rules, regulations, resolutions, agreements, reports and other documents do not purport to be comprehensive or definitive. All references to such documents are qualified in their entirety by reference to the particular document, the full text of which may contain qualifications of and exceptions to statements made herein. Where full texts have not been included as appendices to the Preliminary Official Statement or the Final Official Statement, they will be furnished upon request. Any CUSIP numbers for the Bonds included in the Final Official Statement are provided for convenience of the owners and prospective investors. The CUSIP numbers for the Bonds are assigned by an organization unaffiliated with the City. The City is not responsible for the selection of the CUSIP numbers and makes no representation as to the accuracy thereof as printed on the Bonds or as set forth in the Final Official Statement. No assurance can be given by the City that the CUSIP numbers for the Bonds will remain the same after the delivery of the Final Official Statement or the date of issuance and delivery of the Bonds. 6.2 TABLE OF CONTENTS Page(s) Terms of Proposal .............................................................................................................................. i-v Introductory Statement ....................................................................................................................... 1 Continuing Disclosure ....................................................................................................................... 1 The Bonds .......................................................................................................................................... 2 Authority and Purpose ....................................................................................................................... 4 Sources and Uses of Funds ................................................................................................................ 4 Security and Financing ...................................................................................................................... 5 Future Financing ................................................................................................................................ 5 Litigation ............................................................................................................................................ 5 Legality .............................................................................................................................................. 5 Tax Exemption ................................................................................................................................... 5 Other Federal Tax Considerations ..................................................................................................... 6 Bank-Qualified Tax-Exempt Obligations .......................................................................................... 7 Rating ................................................................................................................................................. 7 Municipal Advisor ............................................................................................................................. 8 Certification ....................................................................................................................................... 8 City Property Values .......................................................................................................................... 9 City Indebtedness ............................................................................................................................... 10 City Tax Rates, Levies and Collections ............................................................................................. 13 Cash and Investments ........................................................................................................................ 14 General Information Concerning the City ......................................................................................... 15 Governmental Organization and Services .......................................................................................... 20 Proposed Form of Legal Opinion ............................................................................................ Appendix I Continuing Disclosure Certificate ............................................................................................ Appendix II Summary of Tax Levies, Payment Provisions, and Minnesota Real Property Valuation ..................................................................................... Appendix III Excerpt of 2015 Comprehensive Annual Financial Report ..................................................... Appendix IV 6.2 ________________________________ * Preliminary; subject to change. - i - THE CITY HAS AUTHORIZED SPRINGSTED INCORPORATED TO NEGOTIATE THIS ISSUE ON ITS BEHALF. PROPOSALS WILL BE RECEIVED ON THE FOLLOWING BASIS: TERMS OF PROPOSAL $3,330,000* CITY OF CRYSTAL, MINNESOTA GENERAL OBLIGATION IMPROVEMENT BONDS, SERIES 2016A (BOOK ENTRY ONLY) Proposals for the Bonds will be received on Tuesday, July 19, 2016, until 10:00 A.M., Central Time, at the offices of Springsted Incorporated, 380 Jackson Street, Suite 300, Saint Paul, Minnesota, after which time proposals will be opened and tabulated. Consideration for award of the Bonds will be by the City Council at 7:00 P.M., Central Time, of the same day. SUBMISSION OF PROPOSALS Springsted will assume no liability for the inability of the bidder to reach Springsted prior to the time of sale specified above. All bidders are advised that each proposal shall be deemed to constitute a contract between the bidder and the City to purchase the Bonds regardless of the manner in which the proposal is submitted. (a) Sealed Bidding. Proposals may be submitted in a sealed envelope or by fax (651) 223-3046 to Springsted. Signed proposals, without final price or coupons, may be submitted to Springsted prior to the time of sale. The bidder shall be responsible for submitting to Springsted the final proposal price and coupons, by telephone (651) 223-3000 or fax (651) 223-3046 for inclusion in the submitted proposal. OR (b) Electronic Bidding. Notice is hereby given that electronic proposals will be received via PARITY®. For purposes of the electronic bidding process, the time as maintained by PARITY® shall constitute the official time with respect to all proposals submitted to PARITY®. Each bidder shall be solely responsible for making necessary arrangements to access PARITY® for purposes of submitting its electronic proposal in a timely manner and in compliance with the requirements of the Terms of Proposal. Neither the City, its agents nor PARITY® shall have any duty or obligation to undertake registration to bid for any prospective bidder or to provide or ensure electronic access to any qualified prospective bidder, and neither the City, its agents nor PARITY® shall be responsible for a bidder’s failure to register to bid or for any failure in the proper operation of, or have any liability for any delays or interruptions of or any damages caused by the services of PARITY®. The City is using the services of PARITY® solely as a communication mechanism to conduct the electronic bidding for the Bonds, and PARITY® is not an agent of the City. If any provisions of this Terms of Proposal conflict with information provided by PARITY®, this Terms of Proposal shall control. Further information about PARITY®, including any fee charged, may be obtained from: PARITY®, 1359 Broadway, 2nd Floor, New York, New York 10018 Customer Support: (212) 849-5000 6.2 - ii - DETAILS OF THE BONDS The Bonds will be dated as of the date of delivery and will bear interest payable on February 1 and August 1 of each year, commencing August 1, 2017. Interest will be computed on the basis of a 360-day year of twelve 30-day months. The Bonds will mature February 1 in the years and amounts* as follows: 2018 $340,000 2019 $255,000 2020 $245,000 2021 $240,000 2022 $235,000 2023 $230,000 2024 $220,000 2025 $215,000 2026 $210,000 2027 $205,000 2028 $200,000 2029 $195,000 2030 $185,000 2031 $180,000 2032 $175,000 * The City reserves the right, after proposals are opened and prior to award, to increase or reduce the principal amount of the Bonds or the amount of any maturity in multiples of $5,000. In the event the amount of any maturity is modified, the aggregate purchase price will be adjusted to result in the same gross spread per $1,000 of Bonds as that of the original proposal. Gross spread is the differential between the price paid to the City for the new issue and the prices at which the securities are initially offered to the investing public. Proposals for the Bonds may contain a maturity schedule providing for a combination of serial bonds and term bonds. All term bonds shall be subject to mandatory sinking fund redemption at a price of par plus accrued interest to the date of redemption scheduled to conform to the maturity schedule set forth above. In order to designate term bonds, the proposal must specify “Years of Term Maturities” in the spaces provided on the proposal form. BOOK ENTRY SYSTEM The Bonds will be issued by means of a book entry system with no physical distribution of Bonds made to the public. The Bonds will be issued in fully registered form and one Bond, representing the aggregate principal amount of the Bonds maturing in each year, will be registered in the name of Cede & Co. as nominee of The Depository Trust Company (“DTC”), New York, New York, which will act as securities depository of the Bonds. Individual purchases of the Bonds may be made in the principal amount of $5,000 or any multiple thereof of a single maturity through book entries made on the books and records of DTC and its participants. Principal and interest are payable by the registrar to DTC or its nominee as registered owner of the Bonds. Transfer of principal and interest payments to participants of DTC will be the responsibility of DTC; transfer of principal and interest payments to beneficial owners by participants will be the responsibility of such participants and other nominees of beneficial owners. The purchaser, as a condition of delivery of the Bonds, will be required to deposit the Bonds with DTC. REGISTRAR The City will name the registrar which shall be subject to applicable SEC regulations. The City will pay for the services of the registrar. OPTIONAL REDEMPTION The City may elect on February 1, 2026, and on any day thereafter, to prepay Bonds due on or after February 1, 2027. Redemption may be in whole or in part and if in part at the option of the City and in such manner as the City shall determine. If less than all Bonds of a maturity are called for redemption, the City will notify DTC of the particular amount of such maturity to be prepaid. DTC will determine by lot the amount of each participant's interest in such maturity to be redeemed and each participant will then select by lot the beneficial ownership interests in such maturity to be redeemed. All prepayments shall be at a price of par plus accrued interest. 6.2 - iii - SECURITY AND PURPOSE The Bonds will be general obligations of the City for which the City will pledge its full faith and credit and power to levy direct general ad valorem taxes. In addition the City will pledge special assessments against benefited properties for repayment of the Bonds. The proceeds will be used to finance various street improvement projects within the City. BIDDING PARAMETERS Proposals shall be for not less than $3,296,700 plus accrued interest, if any, on the total principal amount of the Bonds. No proposal can be withdrawn or amended after the time set for receiving proposals unless the meeting of the City scheduled for award of the Bonds is adjourned, recessed, or continued to another date without award of the Bonds having been made. Rates shall be in integral multiples of 1/100 or 1/8 of 1%. The initial price to the public for each maturity must be 98.0% or greater. Bonds of the same maturity shall bear a single rate from the date of the Bonds to the date of maturity. No conditional proposals will be accepted. GOOD FAITH DEPOSIT To have its proposal considered for award, the lowest bidder is required to submit a good faith deposit to the City in the amount of $33,300 (the “Deposit”) no later than 1:00 P.M., Central Time on the day of sale. The Deposit may be delivered as described herein in the form of either (i) a certified or cashier’s check payable to the City; or (ii) a wire transfer. The lowest bidder shall be solely responsible for the timely delivery of their Deposit whether by check or wire transfer. Neither the City nor Springsted Incorporated have any liability for delays in the receipt of the Deposit. If the Deposit is not received by the specified time, the City may, at its sole discretion, reject the proposal of the lowest bidder, direct the second lowest bidder to submit a Deposit, and thereafter award the sale to such bidder. Certified or Cashier’s Check. A Deposit made by certified or cashier’s check will be considered timely delivered to the City if it is made payable to the City and delivered to Springsted Incorporated, 380 Jackson Street, Suite 300, St. Paul, Minnesota 55101 by the specified time. Wire Transfer. A Deposit made by wire will be considered timely delivered to the City upon submission of a federal wire reference number by the specified time. Wire transfer instructions will be available from Springsted Incorporated following the receipt and tabulation of proposals. The successful bidder must send an e-mail including the following information: (i) the federal reference number and time released; (ii) the amount of the wire transfer; and (iii) the issue to which it applies. Once an award has been made, the Deposit received from the lowest bidder (the “purchaser”) will be retained by the City and no interest will accrue to the purchaser. The amount of the Deposit will be deducted at settlement from the purchase price. In the event the purchaser fails to comply with the accepted proposal, said amount will be retained by the City. AWARD The Bonds will be awarded on the basis of the lowest interest rate to be determined on a true interest cost (TIC) basis calculated on the proposal prior to any adjustment made by the City. The City's computation of the interest rate of each proposal, in accordance with customary practice, will be controlling. The City will reserve the right to: (i) waive non-substantive informalities of any proposal or of matters relating to the receipt of proposals and award of the Bonds, (ii) reject all proposals without cause, and (iii) reject any proposal that the City determines to have failed to comply with the terms herein. 6.2 - iv - BOND INSURANCE AT PURCHASER'S OPTION The City has not applied for or pre-approved a commitment for any policy of municipal bond insurance with respect to the Bonds. If the Bonds qualify for municipal bond insurance and a bidder desires to purchase a policy, such indication, the maturities to be insured, and the name of the desired insurer must be set forth on the bidder’s proposal. The City specifically reserves the right to reject any bid specifying municipal bond insurance, even though such bid may result in the lowest TIC to the City. All costs associated with the issuance and administration of such policy and associated ratings and expenses (other than any independent rating requested by the City) shall be paid by the successful bidder. Failure of the municipal bond insurer to issue the policy after the award of the Bonds shall not constitute cause for failure or refusal by the successful bidder to accept delivery of the Bonds. CUSIP NUMBERS If the Bonds qualify for assignment of CUSIP numbers such numbers will be printed on the Bonds, but neither the failure to print such numbers on any Bond nor any error with respect thereto will constitute cause for failure or refusal by the purchaser to accept delivery of the Bonds. The CUSIP Service Bureau charge for the assignment of CUSIP identification numbers shall be paid by the purchaser. SETTLEMENT On or about August 25, 2016, the Bonds will be delivered without cost to the purchaser through DTC in New York, New York. Delivery will be subject to receipt by the purchaser of an approving legal opinion of Kennedy & Graven, Chartered of Minneapolis, Minnesota, and of customary closing papers, including a no-litigation certificate. On the date of settlement, payment for the Bonds shall be made in federal, or equivalent, funds that shall be received at the offices of the City or its designee not later than 12:00 Noon, Central Time. Unless compliance with the terms of payment for the Bonds has been made impossible by action of the City, or its agents, the purchaser shall be liable to the City for any loss suffered by the City by reason of the purchaser's non-compliance with said terms for payment. CONTINUING DISCLOSURE In accordance with SEC Rule 15c2-12(b)(5), the City will undertake, pursuant to the resolution awarding sale of the Bonds, to provide annual reports and notices of certain events. A description of this undertaking is set forth in the Official Statement. The purchaser's obligation to purchase the Bonds will be conditioned upon receiving evidence of this undertaking at or prior to delivery of the Bonds. OFFICIAL STATEMENT The City has authorized the preparation of a Preliminary Official Statement containing pertinent information relative to the Bonds, and said Preliminary Official Statement will serve as a nearly final Official Statement within the meaning of Rule 15c2-12 of the Securities and Exchange Commission. For copies of the Preliminary Official Statement or for any additional information prior to sale, any prospective purchaser is referred to the Municipal Advisor to the City, Springsted Incorporated, 380 Jackson Street, Suite 300, Saint Paul, Minnesota 55101, telephone (651) 223-3000. 6.2 - v - A Final Official Statement (as that term is defined in Rule 15c2-12) will be prepared, specifying the maturity dates, principal amounts and interest rates of the Bonds, together with any other information required by law. By awarding the Bonds to an underwriter or underwriting syndicate, the City agrees that, no more than seven business days after the date of such award, it shall provide without cost to the sole underwriter or to the senior managing underwriter of the syndicate (the “Underwriter” for purposes of this paragraph) to which the Bonds are awarded up to 25 copies of the Final Official Statement. The City designates the Underwriter of the syndicate to which the Bonds are awarded as its agent for purposes of distributing copies of the Final Official Statement to each Participating Underwriter. Such Underwriter agrees that if its proposal is accepted by the City, (i) it shall accept designation and (ii) it shall enter into a contractual relationship with all Participating Underwriters of the Bonds for purposes of assuring the receipt by each such Participating Underwriter of the Final Official Statement. Dated June 7, 2016 BY ORDER OF THE CITY COUNCIL /s/ Christina Serres City Clerk 6.2 ____________________________ * Preliminary; subject to change. - 1 - OFFICIAL STATEMENT $3,330,000* CITY OF CRYSTAL, MINNESOTA GENERAL OBLIGATION IMPROVEMENT BONDS, SERIES 2016A (BOOK ENTRY ONLY) INTRODUCTORY STATEMENT This Official Statement contains certain information relating to the City of Crystal, Minnesota (the “City”) and its issuance of $3,330,000* General Obligation Improvement Bonds, Series 2016A (the “Bonds”). The Bonds are general obligations of the City for which it pledges its full faith and credit and power to levy direct general ad valorem taxes. In addition, the City will pledge special assessments against benefited properties for repayment of the Bonds. Inquiries may be directed to Mr. Charles Hansen, Finance Director/Treasurer, City of Crystal, 4141 Douglas Drive North, Crystal, Minnesota 55422-1696, by telephoning (763) 531-1000, or by emailing Charles.Hansen@crystalmn.gov. Inquiries may also be made to Springsted Incorporated, 380 Jackson Street, Suite 300, St. Paul, Minnesota 55101-2887, by telephoning (651) 223-3000, or by emailing bond_services@springsted.com. CONTINUING DISCLOSURE In order to assist the Underwriters in complying with SEC Rule 15c2-12 promulgated by the Securities and Exchange Commission, pursuant to the Securities Exchange Act of 1934, as the same may be amended from time to time, and official interpretations thereof (the “Rule”), pursuant to the resolut ion awarding the sale of the Bonds (the “Award Resolution”), the City has entered into an undertaking (the “Undertaking”) for the benefit of holders including beneficial owners of the Bonds to provide certain financial information and operating data relating to the City to the Electronic Municipal Market Access system (“EMMA”) annually, and to provide notices of the occurrence of certain events enumerated in the Rule to EMMA or the Municipal Securities Rulemaking Board (“MSRB”). The specific nature of the Undertaking, as well as the information to be contained in the annual report or the notices of material events is set forth in the Continuing Disclosure Certificate to be executed and delivered by the City at the time the Bonds are delivered in substantially the form attached hereto as Appendix II. To the best of its knowledge, the City has complied for the past five years in all material respects in accordance with the terms of its previous continuing disclosure undertakings entered into pursuant to the Rule. In the interest of full disclosure, the City notes the following, which is presented irrespective of materiality:  Within the past five years, Moody’s Investors Service has changed the credit ratings of certain municipal bond insurance firms, which resulted in the change of the insured ratings of certain debt issues of the City. Material event notices regarding certain insurance rating changes have not been filed; however, the information was publicly available through other sources. 6.2 - 2 - A failure by the City to comply with the Undertaking will not constitute an event of default on the Bonds (although holders will have any available remedy at law or in equity). Nevertheless, such a failure must be reported in accordance with the Rule and must be considered by any broker, dealer or municipal securities dealer before recommending the purchase or sale of the Bonds in the secondary market. Consequently, such a failure may adversely affect the transferability and liquidity of the Bonds and their market price. THE BONDS General Description The Bonds are dated as of the date of delivery and will mature annually on February 1 as set forth on the front cover of this Official Statement. The Bonds are issued in book entry form. Interest on the Bonds is payable on February 1 and August 1 of each year, commencing August 1, 2017. Interest will be payable to the holder (initially Cede & Co.) registered on the books of the Registrar as of the fifteenth day of the calendar month next preceding such interest payment date. Interest will be computed on the basis of a 360-day year of twelve 30-day months. Principal of and interest on the Bonds will be paid as described in the section herein entitled “Book Entry System.” U.S. Bank National Association, St. Paul, Minnesota will serve as Registrar for the Bonds, and the City will pay for registrar services. Redemption Provisions Thirty days’ written notice of redemption shall be given to the registered owner(s) of the Bonds. Failure to give such written notice to any registered owner of the Bonds or any defect therein shall not affect the validity of any proceedings for the redemption of the Bonds. All Bonds or portions thereof called for redemption will cease to bear interest after the specified redemption date, provided funds for their redemption are on deposit at the place of payment. Optional Redemption The City may elect on February 1, 2026, and on any day thereafter, to prepay Bonds due on or after February 1, 2027. Redemption may be in whole or in part and if in part at the option of the City and in such manner as the City shall determine. If less than all the Bonds of a maturity are called for redemption, the City will notify DTC of the particular amount of such maturity to be prepaid. DTC will determine by lot the amount of each participant’s interest in such maturity to be redeemed and each participant will then select by lot the beneficial ownership interests in such maturity to be redeemed. All prepayments shall be at a price of par plus accrued interest. Book Entry System The Depository Trust Company (“DTC”), New York, New York, will act as securities deposi tory for the Bonds. The Bonds will be issued as fully-registered securities registered in the name of Cede & Co. (DTC’s partnership nominee) or such other name as may be requested by an authorized representative of DTC. One fully-registered certificate will be issued for each maturity of the Bonds, each in the aggregate principal amount of such maturity, and will be deposited with DTC. DTC is a limited-purpose trust company organized under the New York Banking Law, a “banking organization” within the meaning of the New York Banking Law, a member of the Federal Reserve System, a “clearing corporation” within the meaning of the New York Uniform Commercial Code, and a “clearing agency” registered pursuant to the provisions of Section 17A of the Securities Exchange Act of 1934. DTC holds and provides asset servicing for over 3.5 million issues of U.S. and non-U.S. equity 6.2 - 3 - issues, corporate and municipal debt issues, and money market instruments (from over 100 countries) that DTC’s participants (“Direct Participants”) deposit with DTC. DTC also facilitates the post-trade settlement among Direct Participants of sales and other securities transactions in deposited securities through electronic computerized book-entry transfers and pledges between Direct Participants’ accounts. This eliminates the need for physical movement of securities certificates. Direct Participants include both U.S. and non-U.S. securities brokers and dealers, banks, trust companies, clearing corporations, and certain other organizations. DTC is a wholly-owned subsidiary of The Depository Trust & Clearing Corporation (“DTCC”). DTCC is the holding company for DTC, National Securities Clearing Corporation, and Fixed Income Clearing Corporation all of which are registered clearing agencies. DTCC is owned by the users of its regulated subsidiaries. Access to the DTC system is also available to others such as both U.S. and non-U.S. securities brokers and dealers, banks, trust companies and clearing corporations that clear through or maintain a custodial relationship with a Direct Participant, either directly or indirectly (“Indirect Participants”). The DTC Rules applicable to its Participants are on file with the Securities and Exchange Commission. More information about DTC can be found at www.dtcc.com. Purchases of Bonds under the DTC system must be made by or through Direct Participants, which will receive a credit for the Bonds on DTC’s records. The ownership interest of each actual purchaser of each Bond (“Beneficial Owner”) is in turn to be recorded on the Direct and Indirect Participants’ records. Beneficial Owners will not receive written confirmation from DTC of their purchase. Beneficial Owners are, however, expected to receive written confirmations providing details of the transaction, as well as periodic statements of their holdings, from the Direct or Indirect Participant through which the Beneficial Owner entered into the transaction. Transfers of ownership interests in the Bonds are to be accomplished by entries made on the books of Direct and Indirect Participants acting on behalf of Beneficial Owners. Beneficial Owners will not receive certificates representing their ownership interests in the Bonds, except in the event that use of the book-entry system for the Bonds is discontinued. To facilitate subsequent transfers, all Bonds deposited by Direct Participants with DTC are registered in the name of DTC’s partnership nominee, Cede & Co., or such other name as may be requested by an authorized representative of DTC. The deposit of Bonds with DTC and their registration in the name of Cede & Co. or such other DTC nominee do not effect any change in beneficial ownership. DTC has no knowledge of the actual Beneficial Owners of the Bonds; DTC’s records reflect only the identity of the Direct Participants to whose accounts such Bonds are credited, which may or may not be the Beneficial Owners. The Direct and Indirect Participants will remain responsible for keeping account of their holdings on behalf of their customers. Conveyance of notices and other communications by DTC to Direct Participants, by Direct Participants to Indirect Participants, and by Direct Participants and Indirect Participants to Beneficial Owners will be governed by arrangements among them, subject to any statutory or regulatory requirements as may be in effect from time to time. Beneficial Owners of Bonds may wish to take certain steps to augment the transmission to them of notices of significant events with respect to the Bonds, such as redemptions, tenders, defaults, and proposed amendments to the Bond documents. For example, Beneficial Owners of the Bonds may wish to ascertain that the nominee holding the Bonds for their benefit has agreed to obtain and transmit notices to Beneficial Owners. In the alternative, Beneficial Owners may wish to provide their names and addresses to the registrar and request that copies of notices be provided directly to them. Redemption notices shall be sent to DTC. If less than all of the Bonds within a maturity are being redeemed, DTC’s practice is to determine by lot the amount of the interest of each Direct Participant in such maturity to be redeemed. Neither DTC nor Cede & Co. (nor any other DTC nominee) will consent or vote with respect to the Bonds unless authorized by a Direct Participant in accordance with DTC’s MMI procedures. Under its usual procedures, DTC mails an Omnibus Proxy to the City as soon as possible after the record date. The Omnibus Proxy assigns Cede & Co.’s consenting or voting rights to those Direct Participants to whose accounts the Bonds are credited on the record date (identified in a listing attached to the Omnibus Proxy). 6.2 - 4 - Redemption proceeds, distributions, and dividend payments on the Bonds will be made to Cede & Co. or such other nominee as may be requested by an authorized representative of DTC. DTC’s practice is to credit Direct Participants’ accounts upon DTC’s receipt of funds and corresponding detail information from the City or its agent on the payable date in accordance with their respective holdings shown on DTC’s records. Payments by Participants to Beneficial Owners will be governed by standing instructions and customary practices, as is the case with securities held for the accounts of customers in bearer form or registered in “street name,” and will be the responsibility of such Participant and not of DTC or the City, subject to any statutory or regulatory requirements as may be in effect from time to time. Payment of redemption proceeds, distributions, and dividend payments to Cede & Co. (or such other nominee as may be requested by an authorized representative of DTC) is the responsibility of the City or its agent, disbursement of such payments to Direct Participants will be the responsibility of DTC, and disbursement of such payments to the Beneficial Owners will be the responsibility of Direct and Indirect Participants. DTC may discontinue providing its services as depository with respect to the Bonds at any time by giving reasonable notice to City or its agent. Under such circumstances, in the event that a successor depository is not obtained, certificates are required to be printed and delivered. The City may decide to discontinue use of the system of book-entry-only transfers through DTC (or a successor securities depository). In that event, certificates will be printed and delivered to DTC. The information in this section concerning DTC and DTC’s book-entry system has been obtained from sources that the City believes to be reliable, but the City takes no responsibility for the accuracy thereof. AUTHORITY AND PURPOSE The Bonds are being issued pursuant to Minnesota Statutes, Chapters 429 and 475. The proceeds of the Bonds, along with available City funds, will be used to finance various street improvement projects within the City. SOURCES AND USES OF FUNDS The composition of the Bonds is estimated to be as follows: Sources of Funds: Principal Amount $3,330,000 Available City Funds 2,299,092 Prepaid Assessments 774,045 Total Sources of Funds $6,403,137 Uses of Funds: Deposit to Construction Fund $6,323,137 Costs of Issuance 46,700 Allowance for Discount Bidding 33,300 Total Uses of Funds $6,403,137 6.2 - 5 - SECURITY AND FINANCING The Bonds will be general obligations of the City for which the City will pledge its full faith and credit and power to levy direct general ad valorem taxes. In addition, the City will pledge special assessments against benefited properties for repayment of the Bonds. Special assessments in the principal amount of approximately $4,024,045 are expected to be filed on or about October 1, 2016 for first collection in 2017. The City anticipates receiving prepayments of approximately $774,045. The remaining assessments in the amount of $3,250,000 will be collected over a term of 15 years with equal annual payments of principal. Interest on the unpaid balance will be charged at an interest rate of 4.50%. Each year’s collection of special assessments, if collected in full, will be sufficient to pay 105% of the debt service due on the Bonds in each year. The City does not anticipate the need to levy taxes for repayment of the Bonds. FUTURE FINANCING The City does not anticipate issuing any additional long-term general obligation debt within the next 90 days. LITIGATION The City is not aware of any threatened or pending litigation affecting the validity of the Bonds or the City's ability to meet its financial obligations. LEGALITY The Bonds are subject to approval as to certain matters by Kennedy & Graven, Chartered of Minneapolis, Minnesota, as Bond Counsel. Bond Counsel has not participated in the preparation of this Official Statement and will not pass upon its accuracy, completeness, or sufficiency. Bond Counsel has not examined nor attempted to examine or verify any of the financial or statistical statements or data contained in this Official Statement and will express no opinion with respect thereto. A legal opinion in substantially the form set out in Appendix I herein will be delivered at closing. TAX EXEMPTION In the opinion of Kennedy & Graven, Chartered, Bond Counsel, under federal and Minnesota laws, regulations, rulings and decisions in effect on the date of issuance of the Bonds, interest on the Bonds is excludable from gross income for federal income tax purposes, and, to the same extent, from taxable net income of individuals, estates and trusts for Minnesota income tax purposes. Interest on the Bonds is includable in taxable income of corporations and financial institutions for purposes of the Minnesota franchise tax. Certain provisions of the Internal Revenue Code of 1986, as amended (the “Code”), however, impose continuing requirements that must be met after the issuance of the Bonds in order for interest thereon to be and remain excludable from federal gross income and, to the same extent, from Minnesota taxable net income. Noncompliance with such requirements by the City may cause the interest 6.2 - 6 - on the Bonds to be includable in gross income for purposes of federal income taxation and, to the same extent, includable in taxable net income for purposes of Minnesota income taxation, retroactive to the date of issuance of the Bonds, irrespective in some cases of the date on which such noncompliance is ascertained. No provision has been made for redemption of Bonds or for an increase in the interest rate on the Bonds in the event that interest on the Bonds becomes includable in federal gross income or Minnesota taxable income. Interest on the Bonds is not an item of tax preference includable in alternative minimum taxable income for purposes of the federal alternative minimum tax applicable to all taxpayers or the Minnesota alternative minimum tax applicable to individuals, estates and trusts, but is includable in adjusted current earnings in determining the federal alternative minimum taxable income of corporations for purposes of the federal alternative minimum tax. Interest on the Bonds may be includable in the income of a foreign corporation for purposes of the branch profits tax imposed by Section 884 of the Code and is includable in the net investment income of foreign insurance companies for purposes of Section 842(b) of the Code. In the case of an insurance company subject to the tax imposed by Section 831 of the Code, the amount which otherwise would be taken into account as losses incurred under Section 832(b)(5) of the Code must be reduced by an amount equal to fifteen percent of the interest on the Bonds that is received or accrued during the taxable year. Section 86 of the Code requires recipients of certain Social Security and railroad retirement benefits to take into account, in determining the taxability of such benefits, receipts or accruals of interest on the Bonds. OTHER FEDERAL TAX CONSIDERATIONS Property and Casualty Insurance Companies Property and casualty insurance companies are required to reduce the amount of their loss reserve deduction by 15% of the amount of tax-exempt interest received or accrued during the taxable year on certain obligations, including interest on the Bonds. Foreign Insurance Companies Foreign companies carrying on an insurance business in the United States are subject to a tax on income which is effectively connected with their conduct of any trade or business in the United States, including “net investment income.” Net investment income i ncludes tax-exempt interest such as interest on the Bonds. Branch Profits Tax A foreign corporation is subject to a branch profits tax equal to 30% of the “dividend equivalent amount” for the taxable year. The “dividend equivalent amount” is the foreign corporation's “effectively connected earnings and profits” adjusted for increase or decrease in “U.S. net equity.” A branch's earnings and profits may include tax-exempt municipal bond interest, such as interest on the Bonds. Passive Investment Income of S Corporations Passive investment income, including interest on the Bonds, may be subject to federal income taxation under Section 1375 of the Code for an S corporation that has Subchapter C earnings and profits at the close of the taxable year if more than 25% of the gross receipts of such S corporation is passive investment income. 6.2 - 7 - Financial Institutions Prior to the adoption of the Code, financial institutions were generally permitted to deduct 80% of their interest expenses allocable to the ownership of tax-exempt obligations. Under the Code, financial institutions are generally not entitled to a deduction for tax-exempt obligations purchased after August 7, 1986. However, the City will designate the Bonds as qualified tax-exempt obligations pursuant to Section 265(b)(3) of the Code which permits financial institutions to deduct interest expenses allocable to the Bonds to the extent permitted under prior law. Future Tax Legislation The exclusion of interest on the Bonds from gross income from federal income tax purposes and the exclusion of interest on the Bonds from the net taxable income of individuals, estates, and trusts for State income tax purposes is not mandated or guaranteed by the United States Constitution or the Minnesota Constitution. Accordingly, federal laws providing that interest on the obligations of the states and the political subdivisions of the states is not includable in gross income for federal income tax purposes and Minnesota laws providing that interest on the obligations of the State is not includable in the net taxable income of individuals, estates, and trusts for State income tax purposes may be subject to change. In the event federal or Minnesota law is amended in a manner that results in interest on the Bonds becoming subject to federal or Minnesota income taxation, or if federal or Minnesota income tax rates are reduced, the market value of the Bonds may be adversely affected. General The preceding is not a comprehensive list of all federal or State tax consequences which may arise from the receipt or accrual of interest on the Bonds. The receipt or accrual of interest on the Bonds may otherwise affect the federal income tax (or Minnesota income tax or franchise tax) liability of the recipient based on the particular taxes to which the recipient is subject and the particular tax status of other items of income or deductions. All prospective purchasers of the Bonds are advised to consult their own tax advisors as to the tax consequences of, or tax considerations for, purchasing or holding the Bonds. BANK-QUALIFIED TAX-EXEMPT OBLIGATIONS The City will designate the Bonds as “qualified tax-exempt obligations” for purposes of Section 265(b)(3) of the Code, relating to the ability of financial institutions to deduct from income for federal income tax purposes, interest expense that is allocable to carrying and acquiring tax-exempt obligations. RATING Application for a rating of the Bonds has been made to Moody’s Investors Service (“Moody’s”), 7 World Trade Center, 250 Greenwich Street, 23rd Floor, New York, New York. If a rating is assigned, it will reflect only the opinion of Moody’s. Any explanation of the significance of the rating may be obtained only from Moody’s. There is no assurance that the rating, if assigned, will continue for any given period of time, or that such rating will not be revised, suspended or withdrawn, if, in the judgment of Moody’s, circumstances so warrant. A revision, suspension or withdrawal of a rating may have an adverse effect on the market price of the Bonds. 6.2 - 8 - MUNICIPAL ADVISOR The City has retained Springsted Incorporated, Public Sector Advisors, of St. Paul, Minnesota (“Springsted”), as municipal advisor in connection with certain aspects of the issuance of the Bonds. In preparing this Official Statement, Springsted has relied upon governmental officials, and other sources, who have access to relevant data to provide accurate information for this Official Statement, and Springsted has not been engaged, nor has it undertaken, to independently verify the accuracy of such information. Springsted is not a public accounting firm and has not been engaged by the City to compile, review, examine or audit any information in this Official Statement in accordance with accounting standards. Springsted is an independent advisory firm, registered as a municipal advisor, and is not engaged in the business of underwriting, trading or distributing municipal securities or other public securities. CERTIFICATION The City has authorized the distribution of the Preliminary Official Statement for use in connection with the initial sale of the Bonds and a Final Official Statement following award of the Bonds. The Purchaser will be furnished with a certificate signed by the appropriate officers of the City stating that the City examined each document and that, as of the respective date of each and the date of such certificate, each document did not and does not contain any untrue statement of material fact or omit to state a material fact necessary, in order to make the statements made therein, in light of the circumstances under which they were made, not misleading. (The Balance of This Page Has Been Intentionally Left Blank) 6.2 - 9 - CITY PROPERTY VALUES Trend of Values(a) Assessment/ Assessor’s Market Value Adjusted Collection Estimated Sales Economic Homestead Taxable Taxable Net Year Market Value Ratio(b) Market Value(c) Exclusion Market Value Tax Capacity 2015/16 $1,498,404,000 N/A N/A $153,994,496 $1,339,237,404 $17,835,544 2014/15 1,453,951,700 93.3% $1,557,406,354 155,659,387 1,293,693,713 17,570,450 2013/14 1,308,006,500 91.9 1,423,118,921 168,357,448 1,135,611,852 15,961,560 2012/13 1,311,691,400 97.5 1,347,505,588 170,201,504 1,136,761,834 15,865,985 2011/12 1,457,765,100 104.7 1,392,170,897 N/A 1,292,737,247 17,447,662 (a) For a description of the Minnesota property tax system, see Appendix III. (b) Sales Ratio Study for the year of assessment as posted by the Minnesota Department of Revenue, http://www.revenue.state.mn.us/propertytax/Pages/statistics-imv.aspx. (c) Economic market values for the year of assessment as posted by the Minnesota Department of Revenue, http://www.revenue.state.mn.us/propertytax/Pages/statistics-imv.aspx. Source: Hennepin County, Minnesota, May 2016, except as otherwise noted. 2015/16 Adjusted Taxable Net Tax Capacity: $17,835,544 Real Estate: Residential Homestead $10,402,990 68.2% Commercial/Industrial and Railroad 3,023,877 19.9 Residential Non-Homestead 1,462,415 9.6 Seasonal Recreational and Other 111,280 0.7 Personal Property 249,718 1.6 2015/16 Net Tax Capacity $15,250,280 100.0% Less: Captured Tax Increment (325,706) Contribution to Fiscal Disparities (1,088,334) Plus: Distribution from Fiscal Disparities 3,999,304 2015/16 Adjusted Taxable Net Tax Capacity $17,835,544 6.2 - 10 - Ten of the Largest Taxpayers in the City 2015/16 Net Taxpayer Type of Property Tax Capacity Crystal Shopping Center Association Shopping Center $ 293,250 Target Corporation Department Store 188,250 Crystal Medical Building LLC Commercial 178,910 Crystal Village Apartments, LLC Apartments 172,513 SuperValu, Inc. Grocery Store 161,250 Calibre Chase Partners LTD Apartments 143,475 Individual Apartments 142,750 Crystal Gallery Development Commercial 139,350 Xcel Energy Utility 113,126 Lanel Crystal Estates LLC Apartments 105,225 Total $1,638,099* * Represents 9.2% of the City's 2015/16 adjusted taxable net tax capacity. CITY INDEBTEDNESS Legal Debt Limit and Debt Margin* Legal Debt Limit (3% of 2015/16 Estimated Market Value) $44,952,120 Less: Outstanding Debt Subject to Limit (765,000) Legal Debt Margin as of August 25, 2016 $44,187,120 * The legal debt margin is referred to statutorily as the “Net Debt Limit” and may be increased by debt service funds and current revenues which are applicable to the payment of debt in the current fiscal year. NOTES: Certain types of debt are not subject to the legal debt limit. See Appendix III – Debt Limitations. The 2013 Minnesota Legislature clarified the definition of estimated market value and established it as the basis for the calculation of the Net Debt Limit. A large contributing factor to the change was to offset the effect of the Market Value Homestead Exclusion implemented by the 2012 Minnesota Legislature, which had a significant impact on taxable market values. General Obligation Debt Supported Solely by Taxes* Est. Principal Date Original Final Outstanding of Issue Amount Purpose Maturity As of 8-25-16 9-1-05 $2,395,000 Aquatic Center 2-1-2020 $765,000 * This issue is subject to the legal debt limit. 6.2 - 11 - General Obligation Special Assessment Debt* Est. Principal Date Original Final Outstanding of Issue Amount Purpose Maturity As of 8-25-16 8-1-08 $2,190,000 Improvements 2-1-2024 $ 1,045,000 8-1-09 3,360,000 Improvements 2-1-2030 2,200,000 8-1-11 1,705,000 Improvements 2-1-2027 1,155,000 8-1-12 2,635,000 Improvements 2-1-2028 2,000,000 8-1-13 3,235,000 Improvements 2-1-2029 2,770,000 7-16-15 2,550,000 Improvements 2-1-2031 2,550,000 8-25-16 3,330,000 Improvements (the Bonds) 2-1-2032 3,330,000 Total $15,050,000 * Excludes the City’s General Obligation Improvement Bonds, Series 2005A and General Obligation Improvement Bonds, Series 2006A. The City will use available funds on hand to call these bonds in full on August 1, 2016. Estimated Calendar Year Debt Service Payments Including the Bonds G.O. Debt Supported G.O. Special Solely by Taxes Assessment Debt Principal Principal Year Principal & Interest Principal & Interest(a) 2016 (at 8-25) (Paid) (Paid) (Paid) (Paid) 2017 $180,000 $207,000 $ 1,115,000 $ 1,493,910 2018 185,000 204,700 1,400,000 1,752,661 2019 195,000 207,100 1,285,000 1,607,466 2020 205,000 209,100 1,245,000 1,537,006 2021 1,215,000 1,475,874 2022 1,180,000 1,409,720 2023 1,155,000 1,353,396 2024 1,125,000 1,291,529 2025 985,000 1,121,963 2026 960,000 1,070,249 2027 930,000 1,013,918 2028 825,000 883,940 2029 670,000 706,718 2030 465,000 484,268 2031 320,000 328,105 2032 175,000 177,013 Total $765,000 $827,900 $15,050,000(b) $17,707,736 (a) Includes the Bonds at an assumed average annual interest rate of 1.77%. (b) 77.5% of this debt will be retired within ten years. 6.2 - 12 - Overlapping Debt 2015/16 Debt Applicable to Adjusted Taxable Est. G.O. Debt Tax Capacity in City Taxing Unit(a) Net Tax Capacity As of 8-25-16(b) Percent Amount Hennepin County $1,602,471,674 $721,810,000 1.1% $ 7,939,910 I.S.D. No. 281 (Robbinsdale) 93,317,239 200,350,000 19.1 38,266,850 Three Rivers Park District 1,147,830,415 52,835,000 1.6 845,360 Hennepin County Regional Railroad Authority 1,602,471,674 34,695,000 1.1 381,645 Metropolitan Council 3,475,846,085 17,525,000(c) 0.5 87,625 Metropolitan Transit 2,767,556,165 177,190,000 0.6 1,063,140 Total $48,584,530 (a) Only those units with outstanding general obligation debt are shown here. (b) Excludes general obligation tax and aid anticipation certificates and revenue-supported debt. (c) Excludes general obligation debt supported by wastewater revenues and housing rental payments. Includes certificates of participation. Debt Ratios G.O. G.O. Direct & Direct Debt Overlapping Debt To 2015/16 Estimated Market Value ($1,498,404,000) 1.13% 4.370% Per Capita - (22,436- 2014 MN Demographer’s Estimate) $753 $2,919 6.2 - 13 - CITY TAX RATES, LEVIES AND COLLECTIONS Tax Capacity Rates for a City Resident in I.S.D. No. 281 (Robbinsdale) 2015/16 For 2011/12 2012/13 2013/14 2014/15 Total Debt Only Hennepin County 48.231% 49.461% 49.959% 46.398% 45.356% 5.425% City of Crystal(a) 52.929 57.630 56.015 50.498 53.207 - 0 - I.S.D. No. 281 (Robbinsdale)(b) 32.810 32.347 34.777 33.226 33.833 20.262 Special Districts(c) 9.523 10.089 10.561 9.785 9.530 2.995 Total 143.493% 149.527% 151.312% 139.907% 141.926% 28.682% (a) In addition, the City has a 2015/16 market value tax rate of 0.01422% spread across the market value of property in support of debt service. (b) In addition, Independent School District No. 281 (Robbinsdale) has a 2015/16 market value tax rate of 0.28216% spread across the market value of property in support of an excess operating levy. (c) Special districts include the Metropolitan Council, Metropolitan Transit District, Mosquito Control District, Hennepin County Park Museum, Hennepin County Regional Railroad Authority, Three Rivers Parks District, and Hennepin County Housing and Redevelopment Authority. NOTE: This table includes only net tax capacity-based rates. Certain other tax rates are based on market value. See Appendix III. Tax Levies and Collections Collected During Collected and/or Abated Net Collection Year as of 1-1-16 Levy/Collect Levy* Amount Percent Amount Percent 2015/16 $9,592,048 (In Process of Collection) 2014/15 9,288,837 $9,216,857 99.2% $9,216,857 99.2% 2013/14 9,214,123 9,144,399 99.2 9,179,485 99.6 2012/13 9,158,455 9,090,927 99.3 9,134,495 99.7 2011/12 9,274,408 9,140,131 98.8 9,227,946 99.7 * The net levy excludes state aid for property tax relief and fiscal disparities, if applicable. The net levy is the basis for computing tax capacity rates. See Appendix III. 6.2 - 14 - CASH AND INVESTMENTS As of April 30, 2016 Fund Cash and Investments General $ 4,366,998 Special Revenue 5,278,740 Debt Service: G.O. Debt Supported by Taxes 108,944 G.O. Debt Supported by Special Assessments 4,931,094 Capital Projects 15,311,376 Internal Service 849,789 Enterprise 4,098,069 Trust and Agency 2,033,629 Total $36,978,639 City Investments The City may invest idle funds in accordance with its investment policy and as authorized by Minnesota Statutes Chapter 118A, as amended. These securities include:  United States treasury issues;  issues of U.S. government agencies and instrumentalities;  general obligations of state and local governments with taxing powers require “A” or better rating by a national bond rating service;  revenue obligations of state and local governments require “AA” or better rating by a national bond rating service;  certificates of deposits issued by U.S. banks fully insured by the federal deposit insurance company or federal agency;  bankers’ acceptances issued by U.S. banks;  commercial paper issued by U.S. corporations or their Canadian subsidiaries with maturities of 270 days or less with rating in the highest quality category by at least two nationally recognized rating agencies;  money market mutual funds; and  government investment pools, including the 4M Fund, the Liquid Asset Fund, MAGIC Fund, and MN Trust. Management of the investment program is the responsibility of the Finance Director, as described in the City Code. The City's investments are managed to attain an average market rate of return while protecting capital. As of April 30, 2016, the City's investments totaled $36,978,639 and were held in the following mix of investment types: 68.9% certificates of deposit, 19.3% municipal bonds, 9.9% money market funds, and 1.9% obligations of government agencies. 6.2 - 15 - GENERAL INFORMATION CONCERNING THE CITY The City is a northwestern suburb of Minneapolis and is a part of the Minneapolis/Saint Paul metropolitan area. The City lies wholly within Hennepin County and encompasses an area of approximately 5.8 square miles (3,712 acres). Population The City’s population trend is shown below. Percent Population Change 2014 MN Demographer’s Estimate 22,436 1.3% 2010 U.S. Census 22,151 (2.4) 2000 U.S. Census 22,698 (4.6) 1990 U.S. Census 23,788 (6.9) 1980 U.S. Census 25,543 -- Sources: Minnesota State Demographic Center, mn.gov/admin/demography and United States Census Bureau, http://www.census.gov/. The City’s population by age group for the past three years is as follows: Data Year/ Report Year 0-17 18-34 35-64 65 and Over 2015/16 5,137 4,968 9,662 3,320 2014/15 5,153 4,998 9,598 3,239 2013/14 5,074 5,010 9,496 3,187 Source: Claritas, Inc. and the Nielsen Company. Transportation Several major Twin Cities transportation routes pass through the City. County Highway 81 (formerly U.S. Highway 52) traverses the northern section of the City and State Highway 100 runs north-south through the southern section. The City is home to the Crystal Airport, owned and operated by the Metropolitan Airports Commission, which accommodates small private and charter aircraft. The Minneapolis/Saint Paul International Airport is approximately 30 minutes from the City. Metropolitan area bus service is provided to City residents by the Metropolitan Transit Commission and Medicine Lake Lines. 6.2 - 16 - Major Employers Approximate Number Employer Product/Service of Employees Volunteers of America – Crystal Care Center Skilled nursing care facility 200(b) Target Discount store 185(a)(b) Cub Foods Grocery store 150(b) City of Crystal City government 111(a) RFG Distributing Grocery distributor 98(c) Kilmer Electric Co., Inc. Electrical contractor 73(c) Buffalo Wild Wings Restaurant and bar 70(a)(b) Almsted SuperValu Grocery retailer 60(a) McDonald’s Fast-food restaurant 60 Minnesota Grinding Metal coatings, engraving 40 Perkins Restaurant 25 Standard Water Control Systems Waterproofing 20 (a) Includes full- and part-time employees. (b) As of June 2012; most recent information available. (c) As of May 2015; most recent information available Source: This does not purport to be a comprehensive list and is based on a June 2016 best efforts telephone survey of individual employers. Some employers do not respond to inquiries. Labor Force Data Annual Average April 2012 2013 2014 2015 2016 Labor Force: City of Crystal 12,639 12,650 12,622 12,682 12,871 Hennepin County 662,562 669,800 674,658 679,549 688,785 Minneapolis-St. Paul Bloomington MSA 1,893,165 1,909,871 1,923,003 1,983,857 1,966,192 State of Minnesota 2,958,272 2,971,523 2,982,750 3,010,366 3,041,894 Unemployment Rate: City of Crystal 5.8% 5.1% 4.4% 3.7% 3.7% Hennepin County 5.2 4.6 3.8 3.3 3.1 Minneapolis-St. Paul Bloomington MSA 5.5 4.7 3.9 3.4 3.4 State of Minnesota 5.6 4.9 4.2 3.7 3.8 Source: Minnesota Department of Employment and Economic Development, http://apps.deed.state.mn.us/lmi/laus. 2016 data are preliminary. 6.2 - 17 - Retail Sales and Effective Buying Income (EBI) City of Crystal Data Year/ Total Retail Total Median Report Year Sales ($000) EBI ($000) Household EBI 2015/16 $228,581 $553,953 $50,867 2014/15 256,123 550,820 49,143 2013/14 206,466 522,378 48,411 2012/13 242,089 489,708 45,488 2011/12 297,077 460,418 44,570 Hennepin County Data Year/ Total Retail Total Median Report Year Sales ($000) EBI ($000) Household EBI 2015/16 $26,004,910 $38,495,033 $55,756 2014/15 21,713,206 36,578,500 52,644 2013/14 21,457,980 34,013,568 50,131 2012/13 23,055,735 32,511,238 47,033 2011/12 22,526,015 31,323,523 48,356 The 2015/16 Median Household EBI for the State of Minnesota was $52,458. The 2015/16 Median Household EBI for the United States was $46,738. Source: Claritas, Inc. and the Nielsen Company. Permits Issued by the City New Single New Total Value* Family Residential Commercial/Industrial (All Permits) Year Number Value Number Value 2016 (to 4-30) 2 $ 284,350 0 0 $ 3,076,406 2015 14 2,381,631 1 $ 85,000 10,173,327 2014 9 1,188,986 4 22,943,995 34,608,705 2013 16 2,280,766 0 0 9,728,037 2012 9 1,350,369 0 0 11,057,866 2011 6 674,192 2 5,771,599 15,890,193 2010 16 2,251,322 0 0 10,404,391 * In addition to building permits, the total value includes all other permits issued by the City (i.e. heating, lighting, plumbing, roof replacement, etc.). Source: City of Crystal. 6.2 - 18 - Economic Development The City is a fully developed suburb of the City of Minneapolis. As the City is a mature community, a priority of the City Council is to maintain and increase the community’s tax base. Because the City is fully developed, redevelopment of blighted or underutilized sites is generally necessary to increase the community’s tax base. The City’s Economic Development Authority (EDA) has continued its activities to maintain and improve the community’s tax base, both commercial and residential. Specific redevelopment activities include the following:  Single Family Residential – Scattered Site New Home Construction: The EDA is continuing its longstanding practice of buying blighted, structurally substandard or functionally obsolete homes, which are then demolished and the resulting vacant lots are offered for sale to builders for new home construction. In 2015, the EDA sold seven lots for new home construction. As of April 30, 2016 the EDA has sold one lot, with additional lot sales pending.  Single Family Residential – Home Improvement Incentive Rebates: In 1998, the City and four other communities partnered with the Greater Metropolitan Housing Corporation (GMHC) to provide an incentive rebate for improvements to owner-occupied homes. Households with incomes of up to 120% of the regional median income are eligible to receive the rebates. Funding for this program initially came from the Minnesota Housing Finance Agency and the Metropolitan Council. After these outside agencies’ funds were exhausted in 2002, the EDA committed its own funds to keep the rebate program going within the City. For 2015, the EDA committed $180,000 to the program. Approximately 11% of the funds are paid to GMHC for administration of the program. During 2015, 88 homeowners took advantage of the rebate program for improvement projects with a total value of $1,087,172.  Deferred Home Improvement Loans: Since 1982, the City has used part of its Community Development Block Grant allocation to fund deferred home improvement loans for lower income households. This provides interest-free loans with repayment deferred for 15 years, provided that the recipient owns and occupies the home. During 2015, $138,520 was spent on rehab projects and $138,924 was committed for additional projects. Two projects were completed, six new projects were started, and fifteen properties are on the waiting list.  Cavanagh Development: The EDA purchased the Cavanagh Elementary School from Independent School District No. 281 (Robbinsdale) in 2012, and demolition of the school was completed in the spring of 2013. Dominium Development & Acquisition LLC purchased the site and began building a 130-unit senior housing complex at a value of $21 million. The project was completed in the fall 2015. Financial Institutions* Banking and financial services in the City are provided by branch offices of TCF National Bank, Associated Bank, Bremer Bank, and Wells Fargo Bank, National Association. * This does not purport to be a comprehensive list. Source: Federal Deposit Insurance Corporation, http://www5.fdic.gov/idasp/main.asp. 6.2 - 19 - Health Care Services The following is a summary of health care facilities located in or near the City: Facility Location No. of Beds Crystal Care Center City of Crystal 130 Nursing Home Beds North Memorial Medical Center City of Robbinsdale 518 Hospital Beds 42 Infant Bassinets Source: Minnesota Department of Health, http://www.health.state.mn.us/. Education Public Education The following district serves the residents of the City: 2015/16 District Location Grades Enrollment I.S.D. No. 281 (Robbinsdale) City of Robbinsdale K-12 12,714 Source: Minnesota Department of Education, www.education.state.mn.us Non-Public Education City residents are also served by the following private schools, located in the City: 2015/16 School Grades Enrollment St. Raphael Catholic School K-8 166 River Tree School K-12 98 Source: Minnesota Department of Education, www.education.state.mn.us Post-Secondary Education City residents have access to various colleges and universities located throughout the Minneapolis/St. Paul metropolitan area. 6.2 - 20 - GOVERNMENTAL ORGANIZATION AND SERVICES Organization The City has been a municipal corporation since 1887, a city since 1960, and operates as a Home Rule City, governed by a Home Rule Charter with a City Manager form of government. The City's governing body is the City Council, comprised of the Mayor and six Council Members. The Mayor and Council Members serve overlapping four-year terms of office. The following individuals comprise the current City Council: Expiration of Term Jim Adams Mayor December 31, 2016 Elizabeth Dahl Council Member December 31, 2018 Julie Deshler Council Member December 31, 2016 Jeff Kolb Council Member December 31, 2018 Laura Libby Council Member December 31, 2016 Olga Parsons Council Member December 31, 2018 Casey Peak Council Member December 31, 2016 Ms. Anne Norris is the City Manager and is responsible for the daily operations of the City and for implementing Council decisions. Prior to being appointed City Manager in January 2000, Ms. Norris was the Community Development Director for the City for nine years. Ms. Christina Serres is the City Clerk and Mr. Charles Hansen serves as the City’s Finance Director/Treasurer. The City employs a total of 111 full-time and part-time employees, and approximately 50 seasonal employees. Services Law Enforcement services are provided by the City through 31 sworn police officers. The West Metro Fire and Rescue District agreement between the cities of Crystal and New Hope provides for fire protection through 63 paid on-call firefighters servicing three fire stations; one full-time chief; three full-time assistant chiefs; one full-time fire inspector and one administrative captain. The City has a class ISO 3 insurance rating. The City is part of the Golden Valley–Crystal–New Hope Joint Water Commission (the “Commission”), which purchases water for these communities from the City of Minneapolis. The Commission, in turn, bills its underlying entities based on actual usage. The Commission has jurisdiction over the trunk lines within the three cities, and each city is responsible for the construction and maintenance of its own laterals. The system's pumping capacity in the City is estimated to be 12,000 gallons per minute, average water demand in the City is approximately 1.5 million gallons per day, and peak demand is approximately 6.3 million gallons per day. Approximately 65% of the Commission's storage capacity is contained in two underground reservoirs holding 19 million gallons in the City. Interceptor sewer lines and wastewater treatment plants in the seven-county metropolitan area are under the jurisdiction of Metropolitan Council Environmental Services (“MCES”). MCES finances its operations through user charges based on volume. The City is responsible for the construction and maintenance of sewer laterals. 6.2 - 21 - Non-municipal utilities serving the City include Xcel Energy for electricity and CenterPoint Energy for natural gas. Labor Contracts The status of labor contracts in the City is as follows: Expiration Date Bargaining Unit No. of Employees of Current Contract Local #44 Police Officers 23 December 31, 2016 Local #56 Police Supervisors 6 December 31, 2016 Local #49 Public Works 21 December 31, 2016 Subtotal 50 Non-unionized employees 61 Total employees 111 Employee Pensions All full-time employees and certain part-time employees of the City are covered by defined benefit pension plans administered by the Public Employees Retirement Association of Minnesota (PERA). PERA administers the General Employees Retirement Fund (GERF) and the Public Employees Police and Fire Fund (PEPFF), which are cost-sharing multiple-employer retirement plans. GERF members belong to either the Coordinated Plan or the Basic Plan. Coordinated members are covered by Social Security and Basic members are not. All new members must participate in the Coordinated Plan. The defined retirement 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. All police officers, fire fighters and peace officers who qualify for membership by statute are covered by PEPFF. The City’s contributions to GERF and PEPFF are equal to the contractually required contributions for each year as set by State Statute, and are as follows for the past five years: GERF PEPFF 2015 $315,859 $367,112 2014 297,490 333,446 2013 288,445 331,004 2012 280,757 333,909 2011 276,233 327,229 PEDCP Five Council members of the City are covered by the Public Employees Defined Contribution Plan (PEDCP), a multiple-employer deferred compensation plan administered by PERA. The PEDCP 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 the time of withdrawal. Plan benefits depend solely on the amounts contributed to the plan plus investment earnings less administrative expenses. An eligible elected official who chooses to participate in the plan contributes 5% of their salary, which is matched by the elected official’s employer. PERA receives 2% of employer contributions and 0.025% of the assets in each member’s account annually for administering the plan. 6.2 - 22 - The City’s contributions to PEDCP for the past five years are as follows: PEDCP 2015 $2,165 2014 2,982 2013 2,952 2012 1,553 2011 1,586 For more information regarding the liability of the City with respect to its employees, please reference “Note 11 – Defined Benefit Pension Plans ” and “Note 12 – Defined Contribution Plan ” of the City’s Comprehensive Annual Financial Report for fiscal year ended December 31, 2015, an excerpt of which is included as Appendix IV of this Official Statement. Sources: City’s Comprehensive Annual Financial Reports. GASB 68 In June 2012, the Government Accounting Standards Board (GASB) issued Statement No. 68, Accounting and Financial Reporting for Pensions (GASB 68) and related GASB Statement No. 71, Pension Transition for Contributions Made Subsequent to the Measurement Date-an amendment to GASB 68, effective for the City’s fiscal year ended December 31, 2015. These statements revise existing standards for measuring and reporting pension liabilities for pension plans provided to City employees and require recognition of a liability equal to the City’s proportionate share of net pension liability, which is measured as the total pension liability less the amount of the pension plan's fiduciary net position. The pronouncements require the restatement of the City’s December 31, 2014 net position of its governmental activities. Please reference “Note 20 – Change in Accounting Principle” of the City’s Financial Statements for fiscal year ended December 31, 2015, an excerpt of which is included as Appendix IV of this Official Statement. For the fiscal year ended December 31, 2015 the City’s proportionate shares of the GERF and PEPFF pension costs as of the measurement date of June 30, 2015 were 0.0694% and 0.0240%, respectively; and the City’s net pension liability for GERF and PEPFF were $3,596,668 and $2,726,962, respectively. For more information regarding GASB 68 with respect to the City, please reference “Note 11 – Defined Benefit Pension Plans” of the City’s Financial Statements for fiscal year ended December 31, 2015, an excerpt of which is included as Appendix IV of this Official Statement. Additional and detailed information about GERF’s net position is available in a separately-issued PERA financial report, which may be obtained at www.mnpera.org; by writing to PERA at 60 Empire Drive #200, St. Paul, Minnesota, 55103-2088; or by calling 1-800-652-9026. Sources: City’s Annual Financial Statements. Other Post-Employment Benefits The Governmental Accounting Standards Board (GASB) has issued Statement No. 45, Accounting and Financial Reporting by Employers for Post-employment Benefits Other Than Pensions (GASB 45), which addresses how state and local governments must account for and report their obligations related to post- employment healthcare and other non-pension benefits (referred to as Other Post Employment Benefits or “OPEB”). 6.2 - 23 - The City provides a single-employer defined benefit healthcare plan, including medical coverage, to eligible retirees and their spouses. It is the City’s policy to periodically review its medical coverage and to obtain requests for proposals in order to provide to most favorable benefits and premiums for employees and retirees. Retirees and their spouses contribute to the healthcare plan at the same rate as City employees, which results in retirees receiving an implicit rate subsidy. The implicit rate subsidy is the additional cost of health insurance to current employees and the City as a result of the higher cost of providing health insurance to retirees. As of January 1, 2015, the City has 10 participants receiving health benefits from the City’s plan. The City currently finances the plan on a pay-as-you-go basis and, for the fiscal year ended December 31, 2015, the City expended $39,403 for these benefits. With the advent of GASB Statement 45, the City has engaged actuaries to provide actuarial valuation reports. Under GASB 45 such costs must be accounted for on an accrual basis. The City must report an annual OPEB cost based on actuarially determined amounts that, if paid on an ongoing basis, will provide sufficient resources to pay these benefits. Components of the City’s annual OPEB cost, the amount actually contributed to the plan, and the changes in the City’s net OPEB obligation to the plan for the fiscal year ended December 31 are as follows: Annual required contribution $121,274 Interest on net OPEB obligation 20,059 Adjustment to annual required contribution (16,828) Annual OPEB cost (expense) $124,505 Contributions made (39,403) Increase in net OPEB obligation $ 85,102 Net OPEB obligation – beginning of year 445,749 Net OPEB obligation (asset) – end of year $530,851 Funded status of the City’s OPEB as reported in the actuarial reports received to-date: Unfunded UAAL as Actuarial Actuarial a percentage Actuarial Actuarial Value Accrued Accrued of Annual Valuation Date of Assets Liability Liability (UAAL) Covered Payroll January 1, 2015* - 0 - $1,166,824 $1,166,824 19% January 1, 2014 - 0 - 1,071,271 1,071,271 18% January 1, 2013* - 0 - 1,224,995 1,224,995 20 January 1, 2012 - 0 - 1,164,949 1,164,949 20 January 1, 2011* - 0 - 1,373,699 1,373,699 23 * Actuarial valuations are performed every two years, in even-numbered years. The liabilities and annual costs are based on the same population as the previous year’s liabilities and annual costs. 6.2 - 24 - Required contributions as reported in the actuarial reports received the past five years: Fiscal OPEB Employer % of Annual OPEB OPEB Year Ended Cost Contributions Cost Contributed Obligation December 31, 2015 $124,505 $39,403 32% $530,851 December 31, 2014 120,248 30,908 26 445,749 December 31, 2013 131,137 74,732 57 356,409 December 31, 2012 128,474 74,316 58 300,004 December 31, 2011 133,133 92,143 69 245,846 For more information regarding the liability of the City with respect to its employees, please reference “Note 13 – Post Employment Health Benefits Plan” of the City’s Comprehensive Annual Financial Report for fiscal year ended December 31, 2015, an excerpt of which is included as Appendix IV of this Official Statement. Sources: City’s Comprehensive Annual Financial Reports. General Fund Budget Summary 2015 Budget 2015 Actual 2016 Budget Revenues: Property Taxes $ 8,323,785 $ 8,262,652 $8,027,940 Special Assessments 126,000 109,981 109,200 Licenses, Permits, and Inspections 844,420 808,695 842,680 Intergovernmental 1,968,309 1,991,430 1,965,609 Charges for Services 728,225 672,594 757,162 Fines and Forfeitures 361,500 309,358 351,400 Investment Earnings 60,000 48,167 60,000 Miscellaneous 21,250 33,854 19,600 Total Revenues $12,433,489 $12,236,731 $12,133,591 Expenditures: General Government $ 2,279,119 $ 2,284,547 $ 2,344,979 Public Safety 5,741,528 5,744,126 5,816,578 Public Works 1,246,060 1,251,095 2,368,989 Parks and Recreation 2,224,260 2,221,638 1,404,942 Community Development 741,141 736,813 541,389 Total Expenditures $12,232,108 $12,238,219 $12,476,877 Excess (Deficiency) of Revenues Over (Under) Expenditures $ 201,381 $ (1,488 ) $ (343,286 ) Other Financing Sources (Uses): Transfers In $ 318,613 $ 318,613 $ 343,286 Transfers Out (519,994 ) (519,994 ) 0 Total Other Financing Sources (Uses) $ (201,381 ) $ (201,381 ) $ 343,286 Net Change in Fund Balance $ 0 $ (202,869 ) $ 0 Beginning Fund Balance – January 1 $ 7,395,794 $ 7,395,794 $ 7,192,925 Ending Fund Balance – December 31 $ 7,395,794 $ 7,192,925 $ 7,192,925 Sources: City’s Comprehensive Annual Financial Reports and 2016 Budget. 6.2 - 25 - Major General Fund Revenue Sources Revenue 2011 2012 2013 2014 2015 Property Taxes $8,284,782 $8,211,693 $8,238,974 $8,238,974 $8,262,652 Intergovernmental 1,754,976 2,019,368 1,961,163 1,961,163 1,991,430 Licenses, permits and inspections 670,162 843,741 924,967 924,967 808,695 Charges for sales and/or services 654,918 686,100 769,202 769,202 672,594 Fines and forfeitures 291,963 374,684 388,593 388,593 309,358 Sources: City’s Comprehensive Annual Financial Reports. (The Balance of This Page Has Been Intentionally Left Blank) 6.2 APPENDIX I I-1 PROPOSED FORM OF LEGAL OPINION $__________ City of Crystal, Minnesota General Obligation Improvement Bonds Series 2016A We have acted as bond counsel to the City of Crystal, Minnesota (the “Issuer”) in connection with the issuance by the Issuer of its General Obligation Improvement Bonds, Series 2016A (the “Bonds”), originally dated August 25, 2016, and issued in the original aggregate principal amount of $________. In such capacity and for the purpose of rendering this opinion we have examined certified copies of certain proceedings, certifications and other documents, and applicable laws as we have deemed necessary. Regarding questions of fact material to this opinion, we have relied on certified proceedings and other certifications of public officials and other documents furnished to us without undertaking to verify the same by independent investigation. Under existing laws, regulations, rulings and decisions in effect on the date hereof, and based on the foregoing we are of the opinion that: 1. The Bonds have been duly authorized and executed, and are valid and binding general obligations of the Issuer, enforceable in accordance with their terms. 2. The principal of and interest on the Bonds are payable from special assessments levied or to be levied on property specially benefited by local improvements and ad valorem taxes for the Issuer’s share of the cost of the improvements, but if necessary for the payment thereof additional ad valorem taxes are required by law to be levied on all taxable property of the Issuer, which taxes are not subject to any limitation as to rate or amount. 3. Interest on the Bonds is excludable from gross income of the recipient for federal income tax purposes and, to the same extent, is excludable from taxable net income of individuals, trusts, and estates for Minnesota income tax purposes, and is not a preference item for purposes of the computation of the federal alternative minimum tax, or the computation of the Minnesota alternative minimum tax imposed on individuals, trusts and estates. However, such interest is taken into account in determining adjusted current earnings for the purpose of computing the federal alternative minimum tax imposed on certain corporations and is subject to Minnesota franchise taxes on corporations (including financial institutions) measured by income. The opinion set forth in this paragraph is subject to the condition that the Issuer comply with all requirements of the Internal Revenue Code of 1986, as amended, that must be satisfied subsequent to the issuance of the Bonds in order that interest thereon be, or continue to be, excludable from gross income for federal income tax purposes and from taxable net income for Minnesota income tax purposes. The Issuer has covenanted to comply with all such requirements. Failure to comply with certain of such requirements may cause interest on the Bonds to be included in gross income for federal income tax purposes and taxable net income for Minnesota income tax purposes retroactively to the date of issuance of the Bonds. We express no opinion regarding tax consequences arising with respect to the Bonds other than as expressly set forth herein. 6.2 I-2 4. The rights of the owners of the Bonds and the enforceability of the Bonds may be limited by bankruptcy, insolvency, reorganization, moratorium, and other similar laws affecting creditor’s rights generally and by equitable principles, whether considered at law or in equity. We have not been asked and have not undertaken to review the accuracy, completeness or sufficiency of the Official Statement or other offering material relating to the Bonds, and accordingly we express no opinion with respect thereto. This opinion is given as of the date hereof and we assume no obligation to update, revise, or supplement this opinion to reflect any facts or circumstances that may hereafter come to our attention or any changes in law that may hereafter occur. Dated August 25, 2016 at Minneapolis, Minnesota. 6.2 APPENDIX II II-1 $____________ City of Crystal, Minnesota General Obligation Improvement Bonds Series 2016A CONTINUING DISCLOSURE CERTIFICATE August 25, 2016 This Continuing Disclosure Certificate (the “Disclosure Certificate”) is executed and delivered by the City of Crystal, Minnesota (the “Issuer”) in connection with the issuance of its General Obligation Improvement Bonds, Series 2016A (the “Bonds”) in the original aggregate principal amount of $___________. The Bonds are being issued pursuant to resolutions adopted by the City Council of the Issuer (the “Resolutions”). The Bonds are being delivered to _________________ (the “Purchaser”) on the date hereof. Pursuant to the Resolutions, the Issuer has covenanted and agreed to provide continuing disclosure of certain financial information and operating data and timely notices of the occurrence of certain events. The Issuer hereby covenants and agrees as follows: Section 1. Purpose of the Disclosure Certificate. This Disclosure Certificate is being executed and delivered by the Issuer for the benefit of the Holders (as defined herein) of the Bonds in order to provide for the public availability of such information and assist the Participating Underwriter(s) (as defined herein) in complying with the Rule (as defined herein). This Disclosure Certificate, together with the Resolutions, constitutes the written agreement or contract for the benefit of the Holders of the Bonds that is required by the Rule. Section 2. Definitions. In addition to the defined terms set forth in the Resolutions, which apply to any capitalized term used in this Disclosure Certificate unless otherwise defined in this Section, the following capitalized terms shall have the following meanings: “Annual Report” means any annual report provided by the Issuer pursuant to, and as described in, Sections 3 and 4 of this Disclosure Certificate. “Audited Financial Statements” means annual financial statements of the Issuer, prepared in accordance with generally accepted accounting principles for governmental units (“GAAP”) as prescribed by the Governmental Accounting Standards Board (“GASB”). “Bonds” means the General Obligation Improvement Bonds, Series 2016A, issued by the Issuer in the original aggregate principal amount of $___________. “Disclosure Certificate” means this Continuing Disclosure Certificate. “EMMA” means the Electronic Municipal Market Access system operated by the MSRB and designated as a nationally recognized municipal securities information repository and the exclusive portal for complying with the continuing disclosure requirements of the Rule. “Final Official Statement” means the deemed Final Official Statement, dated __________, 2016, which constitutes the final official statement delivered in connection with the Bonds, which is available from the MSRB. “Fiscal Year” means the fiscal year of the Issuer. 6.2 II-2 “Holder” means the person in whose name a Bond is registered or a beneficial owner of such a Bond. “Issuer” means the City of Crystal, Minnesota, which is the obligated person with respect to the Bonds. “Material Event” means any of the events listed in Section 5(a) of this Disclosure Certificate. “MSRB” means the Municipal Securities Rulemaking Board located at 1300 I Street NW, Suite 1000, Washington, DC 20005. “Participating Underwriter” means any of the original underwriter(s) of the Bonds (including the Purchaser) required to comply with the Rule in connection with the offering of the Bonds. “Purchaser” means __________________. “Repository” means EMMA, or any successor thereto designated by the SEC. “Rule” means SEC Rule 15c2-12(b)(5) promulgated by the SEC under the Securities Exchange Act of 1934, as the same may be amended from time to time, and including written interpretations thereof by the SEC. “SEC” means Securities and Exchange Commission, and any successor thereto. Section 3. Provision of Annual Financial Information and Audited Financial Statements. (a) The Issuer shall provide to the Repository, as soon as available, but not later than twelve (12) months after the end of the Fiscal Year commencing with the year that ends December 31, 2016, an Annual Report which is consistent with the requirements of Section 4 of this Disclosure Certificate. The Annual Report may be submitted as a single document or as separate documents comprising a package, and may cross-reference other information as provided in Section 4 of this Disclosure Certificate; provided that the Audited Financial Statements of the Issuer may be submitted separately from the balance of the Annual Report and will be submitted as soon as available. (b) If the Issuer is unable or fails to provide to the Repository an Annual Report by the date required in subsection (a), the Issuer shall send a notice of that fact to the Repository and the MSRB. (c) The Issuer shall determine each year prior to the date for providing the Annual Report the name and address of each Repository. Section 4. Content of Annual Reports. The Issuer’s Annual Report shall contain or incorporate by reference the following sections of the Final Official Statement: 1. City Property Values 2. City Indebtedness 3. City Tax Rates, Levies and Collections In addition to the items listed above, the Annual Report shall include Audited Financial Statements submitted in accordance with Section 3 of this Disclosure Certificate. 6.2 II-3 Any or all of the items listed above may be incorporated by reference from other documents, including official statements of debt issues of the Issuer or related public entities, which have been submitted to the Repository or the SEC. If the document incorporated by reference is a final official statement, it must also be available from the MSRB. The Issuer shall clearly identify each such other document so incorporated by reference. Section 5. Reporting of Material Events. (a) This Section 5 shall govern the giving of notice of the occurrence of any of the following events (“Material Events”) with respect to the Bonds: 1. Principal and interest payment delinquencies; 2. Non-payment related defaults, if material; 3. Unscheduled draws on debt service reserves reflecting financial difficulties; 4. Unscheduled draws on credit enhancements reflecting financial difficulties; 5. Substitution of credit or liquidity providers, or their failure to perform; 6. 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 security, or other material events affecting the tax status of the security; 7. Modifications to rights of security holders, if material; 8. Bond calls, if material, and tender offers; 9. Defeasances; 10. Release, substitution, or sale of property securing repayment of the securities, if material; 11. Rating changes; 12. Bankruptcy, insolvency, receivership or similar event of the obligated person; 13. 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 14. Appointment of a successor or additional trustee or the change of name of a trustee, if material. (b) The Issuer shall file a notice of such occurrence with the Repository or with the MSRB within ten (10) business days of the occurrence of the Material Event. 6.2 II-4 (c) Unless otherwise required by law and subject to technical and economic feasibility, the Issuer shall employ such methods of information transmission as shall be requested or recommended by the designated recipients of the Issuer’s information. Section 6. EMMA. The SEC has designated EMMA as a nationally recognized municipal securities information repository and the exclusive portal for complying with the continuing disclosure requirements of the Rule. Until the EMMA system is amended or altered by the MSRB and the SEC, the Issuer shall make all filings required under this Disclosure Certificate solely with EMMA. Section 7. Termination of Reporting Obligation. The Issuer’s obligations under the Resolutions and this Disclosure Certificate shall terminate upon the legal defeasance, the redemption in full of all Bonds or payment in full of all Bonds. Section 8. Agent. The Issuer may, from time to time, appoint or engage a dissemination agent to assist it in carrying out its obligations under the Resolutions and this Disclosure Certificate, and may discharge any such agent, with or without appointing a successor dissemination agent. Section 9. Amendment; Waiver. Notwithstanding any other provision of the Resolutions or this Disclosure Certificate, the Issuer may amend this Disclosure Certificate, and any provision of this Disclosure Certificate may be waived, if such amendment or waiver is supported by an opinion of nationally recognized bond counsel to the effect that such amendment or waiver would not, in and of itself, cause a violation of the Rule. The provisions of the Resolutions requiring continuing disclosure pursuant to the Rule and this Disclosure Certificate, or any provision hereof, shall be null and void in the event that the Issuer delivers to the Repository an opinion of nationally recognized bond counsel to the effect that those portions of the Rule which impose the continuing disclosure requirements of the Resolutions and the execution and delivery of this Disclosure Certificate are invalid, have been repealed retroactively or otherwise do not apply to the Bonds. The provisions of the Resolutions requiring continuing disclosure pursuant to the Rule and this Disclosure Certificate may be amended without the consent of the Holders of the Bonds, but only upon the delivery by the Issuer to the Repository of the proposed amendment and an opinion of nationally recognized bond counsel to the effect that such amendment, and giving effect thereto, will not adversely affect the compliance with the Rule. Section 10. Additional Information. Nothing in this Disclosure Certificate shall be deemed to prevent the Issuer from disseminating any other information, using the means of dissemination set forth in this Disclosure Certificate or any other means of communication, or including any other information in any Annual Report or notice of occurrence of a Material Event, in addition to that which is required by this Disclosure Certificate. If the Issuer chooses to include any information in any Annual Report or notice of occurrence of a Material Event in addition to that which is specifically required by this Disclosure Certificate, the Issuer shall have no obligation under this Disclosure Certificate to update such information or include it in any future Annual Report or notice of occurrence of a Material Event. Section 11. Default. In the event of a failure of the Issuer to comply with any provision of this Disclosure Certificate any Holder of the Bonds may take such actions as may be necessary and appropriate, including seeking mandamus or specific performance by court order, to cause the Issuer to comply with its obligations under the Resolutions and this Disclosure Certificate. A default under this Disclosure Certificate shall not be deemed an event of default with respect to the Bonds and the sole remedy under this Disclosure Certificate in the event of any failure of the Issuer to comply with this Disclosure Certificate shall be an action to compel performance. 6.2 II-5 Section 12. Beneficiaries. This Disclosure Certificate shall inure solely to the benefit of the Issuer, the Participating Underwriters, and the Holders from time to time of the Bonds, and shall create no rights in any other person or entity. (The remainder of this page is intentionally left blank.) 6.2 II-6 IN WITNESS WHEREOF, we have executed this Disclosure Certificate in our official capacities effective as of the date and year first written above. CITY OF CRYSTAL, MINNESOTA Mayor City Manager 6.2 APPENDIX III III-1 SUMMARY OF TAX LEVIES, PAYMENT PROVISIONS, AND MINNESOTA REAL PROPERTY VALUATION Following is a summary of certain statutory provisions relative to tax levy procedures, tax payment and credit procedures, and the mechanics of real property valuation. The summary does not purport to be inclusive of all such provisions or of the specific provisions discussed, and is qualified by reference to the complete text of applicable statutes, rules and regulations of the State of Minnesota. Property Valuations (Chapter 273, Minnesota Statutes) Assessor's Estimated Market Value. Each parcel of real property subject to taxation must, by statute, be appraised at least once every five years as of January 2 of the year of appraisal. With certain exceptions, all property is valued at its market value, which is the value the assessor determines to be the price the property to be fairly worth, and which is referred to as the “Estimated Market Value.” The 2013 Minnesota Legislature established the Estimated Market Value as the value used to calculate a municipality’s legal debt limit. Economic Market Value. The Economic Market Value is the value of locally assessed real property (Assessor’s Estimated Market Value) divided by the sales ratio as provided by the State of Minnesota Department of Revenue plus the estimated market value of personal property, utilities, railroad, and minerals. Taxable Market Value. The Taxable Market Value is the value that Net Tax Capacity is based on, after all reductions, limitations, exemptions and deferrals. Net Tax Capacity. The Net Tax Capacity is the value upon which net taxes are levied, extended and collected. The Net Tax Capacity is computed by applying the class rate percentages specific to each type of property classification against the Taxable Market Value. Class rate percentages vary depending on the type of property as shown on the last page of this Appendix. The formulas and class rates for converting Taxable Market Value to Net Tax Capacity represent a basic element of the State's property tax relief system and are subject to annual revisions by the State Legislature. Property taxes are the sum of the amounts determined by (i) multiplying the Net Tax Capacity by the tax capacity rate, and (ii) multiplying the referendum market value by the market value rate. Market Value Homestead Exclusion. In 2011, the Market Value Homestead Exclusion Program (MVHE) was implemented to offset the elimination of the Market Value Homestead Credit Program that provided relief to certain homesteads. The MVHE reduces the taxable market value of a homestead with an Assessor’s Estimated Market Value up to $413,800 in an attempt to result in a property tax similar to the effective property tax prior to the elimination of the homestead credit. The MVHE applies to property classified as Class 1a or 1b and Class 2a, and causes a decrease in the Issuer’s aggregate Taxable Market Value, even if the Assessor’s Estimated Market Value on the same properties did not decline. Property Tax Payments and Delinquencies (Chapters 275, 276, 277, 279-282 and 549, Minnesota Statutes) Ad valorem property taxes levied by local governments in Minnesota are extended and collected by the various counties within the State. Each taxing jurisdiction is required to certify the annual tax levy to the county auditor within five (5) working days after December 20 of the year preceding the collection year. A listing of property taxes due is prepared by the county auditor and turned over to the county treasurer on or before the first business day in March. 6.2 III-2 The county treasurer is responsible for collecting all property taxes within the county. Real estate and personal property tax statements are mailed out by March 31. One-half (1/2) of the taxes on real property is due on or before May 15. The remainder is due on or before October 15. Real property taxes not paid by their due date are assessed a penalty on homestead property of 2% until May 31 and increased to 4% on June 1. The penalty on nonhomestead property is assessed at a rate of 4% until May 31 and increased to 8% on June 1. Thereafter, an additional 1% penalty shall accrue each month through October 1 of the collection year for unpaid real property taxes. In the case of the second installment of real property taxes due October 15, a penalty of 2% on homestead property and 4% on nonhomestead property is assessed. The penalty for homestead property increases to 6% on November 1 and again to 8% on December 1. The penalty for nonhomestead property increases to 8% on November 1 and again to 12% on December 1. Personal property taxes remaining unpaid on May 16 are deemed to be delinquent and a penalty of 8% attaches to the unpaid tax. However, personal property that is owned by a tax-exempt entity, but is treated as taxable by virtue of a lease agreement, is subject to the same delinquent property tax penalties as real property. On the first business day of January of the year following collection all delinquencies are subject to an additional 2% penalty, and those delinquencies outstanding as of February 15 are filed for a tax lien judgment with the district court. By March 20 the county auditor files a publication of legal action and a mailing of notice of action to delinquent parties. Those property interests not responding to this notice have judgment entered for the amount of the delinquency and associated penalties. The amount of the judgment is subject to a variable interest determined annually by the Department of Revenue, and equal to the adjusted prime rate charged by banks but in no event is the rate less than 10% or more than 14%. Property owners subject to a tax lien judgment generally have three years (3) to redeem the property. After expiration of the redemption period, unredeemed properties are declared tax forfeit with title held in trust by the State of Minnesota for the respective taxing districts. The county auditor, or equivalent thereof, then sells those properties not claimed for a public purpose at auction. The net proceeds of the sale are first dedicated to the satisfaction of outstanding special assessments on the parcel, with any remaining balance in most cases being divided on the following basis: county - 40%; town or city - 20%; and school district - 40%. Property Tax Credits (Chapter 273, Minnesota Statutes) In addition to adjusting the taxable value for various property types, primary elements of Minnesota's property tax relief system are: property tax levy reduction aids; the homestead credit refund and the renter’s property tax refund, which relate property taxes to income and provide relief on a sliding income scale; and targeted tax relief, which is aimed primarily at easing the effect of significant tax increases. The homestead credit refund, the renter’s property tax refund, and targeted credits are reimbursed to the taxpayer upon application by the taxpayer. Property tax levy reduction aid includes educational aids, local governmental aid, equalization aid, county program aid and disparity reduction aid. Debt Limitations All Minnesota municipalities (counties, cities, towns and school districts) are subject to statutory “net debt” limitations under the provisions of Minnesota Statutes, Section 475.53. Net debt is defined as the amount remaining after deducting from gross debt the amount of current revenues that are applicable within the current fiscal year to the payment of any debt and the aggregate of the principal of the following: 1. Obligations issued for improvements that are payable wholly or partially from the proceeds of special assessments levied upon benefited property. 2. Warrants or orders having no definite or fixed maturity. 3. Obligations payable wholly from the income from revenue producing conveniences. 6.2 III-3 4. Obligations issued to create or maintain a permanent improvement revolving fund. 5. Obligations issued for the acquisition and betterment of public waterworks systems, and public lighting, heating or power systems, and any combination thereof, or for any other public convenience from which revenue is or may be derived. 6. Certain debt service loans and capital loans made to school districts. 7. Certain obligations to repay loans. 8. Obligations specifically excluded under the provisions of law authorizing their issuance. 9. Certain obligations to pay pension fund liabilities. 10. Debt service funds for the payment of principal and interest on obligations other than those described above. 11. Obligations issued to pay judgments against the municipality. Levies for General Obligation Debt (Sections 475.61 and 475.74, Minnesota Statutes) Any municipality that issues general obligation debt must, at the time of issuance, certify levies to the county auditor of the county(ies) within which the municipality is situated. Such levies shall be in an amount that if collected in full will, together with estimates of other revenues pledged for payment of the obligations, produce at least five percent in excess of the amount needed to pay principal and interest when due. Notwithstanding any other limitations upon the ability of a taxing unit to levy taxes, its ability to levy taxes for a deficiency in prior levies for payment of general obligation indebtedness is without limitation as to rate or amount. Metropolitan Revenue Distribution (Chapter 473F, Minnesota Statutes) “Fiscal Disparities Law” The Charles R. Weaver Metropolitan Revenue Distribution Act, more commonly known as “Fiscal Disparities,” was first implemented for taxes payable in 1975. Forty percent of the increase in commercial-industrial (including public utility and railroad) net tax capacity valuation since 1971 in each assessment district in the Minneapolis/St. Paul seven-county metropolitan area (Anoka, Carver, Dakota, excluding the City of Northfield, Hennepin, Ramsey, Scott, excluding the City of New Prague, and Washington Counties) is contributed to an area-wide tax base. A distribution index, based on the factors of population and real property market value per capita, is employed in determining what proportion of the net tax capacity value in the area-wide tax base shall be distributed back to each assessment district. 6.2 III-4 STATUTORY FORMULAE: CONVERSION OF TAXABLE MARKET VALUE (TMV) TO NET TAX CAPACITY FOR MAJOR PROPERTY CLASSIFICATIONS Local Tax Payable Local Tax Payable Local Tax Payable Property Type 2012-2014 2015 2016 Residential Homestead (1a) Up to $500,000 1.00% 1.00% 1.00% Over $500,000 1.25% 1.25% 1.25% Residential Non-homestead Single Unit (4bb1) Up to $500,000 1.00% 1.00% 1.00% Over $500,000 1.25% 1.25% 1.25% 1-3 unit and undeveloped land (4b1) 1.25% 1.25% 1.25% Market Rate Apartments Regular (4a) 1.25% 1.25% 1.25% Low-Income (4d) 0.75% Up to $100,000 0.75% Over $100,000 0.25% Up to $106,000 0.75% Over $106,000 0.25% Commercial/Industrial/Public Utility (3a) Up to $150,000 1.50%(a) 1.50%(a) 1.50%(a) Over $150,000 2.00%(a) 2.00%(a) 2.00%(a) Electric Generation Machinery 2.00% 2.00% 2.00% Commercial Seasonal Residential Homestead Resorts (1c) Up to $600,000 0.55% 0.50% 0.50% $600,000 - $2,300,000 1.00% 1.00% 1.00% Over $2,300,000 1.25%(a) 1.25%(a) 1.25%(a) Seasonal Resorts (4c) Up to $500,000 1.00%(a) 1.00%(a) 1.00%(a) Over $500,000 1.25%(a) 1.25%(a) 1.25%(a) Non-Commercial (4c12) Up to $500,000 1.00%(a)(b) 1.00%(a)(b) 1.00%(a)(b) Over $500,000 1.25%(a)(b) 1.25%(a)(b) 1.25%(a)(b) Disabled Homestead (1b) Up to $50,000 0.45% 0.45% 0.45% Agricultural Land & Buildings Homestead (2a) Up to $500,000 1.00% 1.00% 1.00% Over $500,000 1.25% 1.25% 1.25% Remainder of Farm Up to $2,140,000(c) 0.50%(b) 0.50%(b) 0.50%(b) Over $2,140,000(c) 1.00%(b) 1.00%(b) 1.00%(b) Non-homestead (2b) 1.00%(b) 1.00%(b) 1.00%(b) (a) State tax is applicable to these classifications. (b) Exempt from referendum market value based taxes. (c) Legislative increases, payable 2016. Historical valuations are: Payable 2015 - $1,900,000; Payable 2014 - $1,500,000; Payable 2013 - $1,290,000; and Payable 2012 - $1,210,000. NOTE: For purposes of the State general property tax only, the net tax capacity of non-commercial class 4c(1) seasonal residential recreational property has the following class rate structure: First $76,000 – 0.40%; $76,000 to $500,000 – 1.00%; and over $500,000 – 1.25%. In addition to the State tax base exemptions referenced by property classification, airport property exempt from city and school district property taxes under M.S. 473.625 is exempt from the State general property tax (MSP International Airport and Holman Field in St. Paul are exempt under this provision). 6.2 APPENDIX IV IV -1 EXCERPT OF 2015 COMPREHENSIVE ANNUAL FINANCIAL REPORT Data on the following pages was extracted from the City’s Comprehensive Annual Financial Report for fiscal year ended December 31, 2015. The reader should be aware that the complete financial statements may contain additional information which may interpret, explain or modify the data presented here. The City’s comprehensive annual financial reports for the years ending 1996 through 2014 were awarded the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association of the United States and Canada (GFOA). The Certificate of Achievement is the highest form of recognition for excellence in state and local government financial reporting. The City has submitted its CAFR for the 2015 fiscal year to GFOA. In order to be awarded a Certificate of Achievement, a government unit must publish an easily readable and efficiently organized comprehensive annual financial report (CAFR), whose contents conform to program standards. Such CAFR must satisfy both generally accepted accounting principles and applicable legal requirements. A Certificate of Achievement is valid for a period of one year only. 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 PROPOSAL SALE DATE: July 19, 2016 ________________________________ Phone: 651-223-3000 * Preliminary; subject to change. Fax: 651-223-3046 Email: bond_services@springsted.com Website: www.springsted.com City of Crystal, Minnesota $3,330,000* General Obligation Improvement Bonds, Series 2016A For the Bonds of this Issue which shall mature and bear interest at the respective annual rates, as follow, we offer a price of $_________________ (which may not be less than $3,296,700) plus accrued interest, if any, to the date of delivery. Year Interest Rate (%) Yield (%) Dollar Price Year Interest Rate (%) Yield (%) Dollar Price 2018 % % % 2026 % % % 2019 % % % 2027 % % % 2020 % % % 2028 % % % 2021 % % % 2029 % % % 2022 % % % 2030 % % % 2023 % % % 2031 % % % 2024 % % % 2032 % % % 2025 % % % Designation of Term Maturities Years of Term Maturities In making this offer on the sale date of July 19, 2016 we accept all of the terms and conditions of the Terms of Proposal published in the Preliminary Official Statement dated June 28, 2016 including the City’s right to modify the principal amount of the Bonds. (See “Terms of Proposal” herein.) In the event of failure to deliver these Bonds in accordance with said Terms of Proposal, we reserve the right to withdraw our offer, whereupon the deposit accompanying it will be immediately returned. All blank spaces of this offer are intentional and are not to be construed as an omission. Not as a part of our offer, the above quoted prices being controlling, but only as an aid for the verification of the offer, we have made the following computations: NET INTEREST COST: $____________________________ TRUE INTEREST RATE: ______________ % The Bidder  will not  will purchase municipal bond insurance from . Account Members ______________________________ Account Manager By: ___________________________ Phone: ________________________ ........................................................................................................................................................................................................................... The foregoing proposal has been accepted by the City. Attest: _______________________________ Date: ________________________________ ........................................................................................................................................................................................................................... 6.2 _____________________________________________________________________ FROM: Dan Olson, City Planner DATE: July 15, 2016 TO: Anne Norris, City Manager (for July 19 meeting) SUBJECT: Consider approving variances for two single-family homes at 3226 and 3232 Georgia Avenue North A. BACKGROUND SVK Development, owner of the properties at 3226 and 3232 Georgia Avenue North, is requesting variances to reduce the front setback from 30 feet to 15 feet as measured from each home’s foundation to the cul-de-sac easement line. Both properties involved in this application are zoned Low Density Residential (R-1). Attachments: A. Site location map B. Map showing public hearing notification area C. Existing zoning map D. Project narrative E. Proposed site plan B. VARIANCES The applicant is requesting variances to the front setback for the proposed homes to be constructed at 3226 and 3232 Georgia Avenue North. Both lots are located in the Gardendale Subdivision which was approved by the City Council in April 2016. The applicant is proposing to reduce the front setback from 30 feet to 15 feet as measured from the home’s foundation to the cul-de-sac easement line (see Attachment E). This would result in both homes being 25 feet from the cul-de-sac curb. The applicant’s reason for requesting the variances is for the homes at 3226 and 3232 Georgia to have a front setback that is reasonably similar to other future homes on Georgia south of the cul-de-sac. Also, although the site plan shows an increased rear setback from 30 feet to 40 feet, the required minimum setback would still be 30 feet. Notice of the July 11 public hearing was published in the Sun Post on June 30 and mailed to owners within 350 feet (see Attachment B). No one from the public spoke at the Planning Commission public hearing about this request. Prior to the Planning COUNCIL STAFF REPORT Variances for 3226 and 3232 Georgia Avenue North 6.3 Commission meeting, staff had received one verbal comment on the variances from a resident who voiced opposition, believing that the City’s regulations should be adhered to. The following are the relevant approval criteria for these variances as outlined in Section 515.05 of the City’s Zoning Code, followed by staff response: a) Variances shall only be permitted when they are in harmony with the general purposes and intent of the official control and when the terms of the variances are consistent with the comprehensive plan. Response: The intent of the City’s Zoning Code is to provide for regulations to promote orderly development that allows for adequate access to light, air, and convenient access to property. Moving the proposed homes at 3226 and 3232 Georgia closer to the public street is not in conflict with those goals, provided that there is at least 20 feet of driveway from the garage doors to the cul-de-sac easement line. This is necessary to reduce the potential for vehicles parked in the driveways to extend into the street. If the variances are approved, the homes will continue to be in conformance with the Comprehensive Plan’s Low Density Residential future land use designation. b) Variances shall only be permitted when the city council finds that strict enforcement of specific provisions of this section would create practical difficulties due to circumstances unique to a particular property under consideration. Practical difficulties, as used in connection with the granting of a variance, means that the property owner: 1) proposes to use the property in a reasonable manner not permitted by an official control; and 2) the plight of the landowner is due to circumstances unique to the property not created by the landowner; and 3) the variance, if granted, will not alter the essential character of the locality. Response: The use of these two lots for single-family homes is a reasonable use permitted by the City’s zoning code. Without the variances the proposed homes would not be located in a similar location as other future homes on Georgia Avenue North. This is due to the presence of the cul-de-sac which was required by the City since the parcels north of the Gardendale Subdivision are not proposed for development at this time. This is a unique situation not created by the applicant. Since the proposed homes are only being moved to be closer to the street, the essential character of this area is not proposed to change provided that there is at least 20 6.3 feet of driveway from the garage doors to the cul-de-sac easement line. This is necessary to reduce the potential for vehicles parked in the driveways to extend into the street. c) Economic considerations alone do not constitute practical difficulties. Response: The applicant has indicated that their reason for requesting the variances is to construct homes that have a similar front setback to other future homes on Georgia Avenue North. Therefore economic considerations alone are not the sole reason for requesting these variances. C. REQUESTED ACTION At the July 11, 2016 Planning Commission meeting, the Commission recommended approval to the City Council of the variances for 3226 and 3232 Georgia Avenue North by a vote of nine to zero with the following condition of approval: 1. There shall be a minimum 20 foot long driveway from the garage doors to the cul-de-sac easement line for both properties. City Council motion to approve the variances is requested. 6.3 6.3 6.3 6.3 Attachment D Front Yard Variance Request Narrative 3232 & 3226 Georgia Ave. N. SVK Development is requesting a variance approval of the front yard setback for lots 1 (3232) and 2 (3226) Block 2 of the Gardendale development to 15’ from the temporary cul-de-sac easement line to the foundation of the new home. The two lots are currently impacted by the temporary cul-de-sac and force the home pad 40’- 50’ from the back of curb of Georgia Ave. N. To be consistent with the alignment and look of other homes on Georgia Avenue North, SVK Development is requesting this variance to allow these homes to align with the front yards of other homes on the street and will move the rear of the home from the rear property line providing additional privacy for these lots and neighboring properties. 6.3 6.3 PAGE 1 OF 2 _____________________________________________________________________ FROM: Dan Olson, City Planner DATE: July 15, 2016 TO: Anne Norris, City Manager (for July 19 meeting) SUBJECT: Consider initiating a zoning ordinance text amendment revising the Floodplain Overlay District A. BACKGROUND At the July 12, 2016 Council Work Session the Council heard a presentation on the proposed text amendments to the City’s floodplain ordinance and maps. Now, the Council is being asked to direct the Planning Commission to hold a public hearing on these proposed text amendments. The city‘s floodplain ordinance and maps were last updated in 2004. In May 2016 the Federal Emergency Management Agency (FEMA) sent a letter to all cities in Hennepin County stating that they have updated the floodplain maps within the county and are now requiring cities to update their local ordinance and map by November 4, 2016. Communities that fail to adopt an update by November 4 will lose their ability to participate in the National Flood Insurance Program (NFIP) which allows residents to purchase flood insurance. FEMA has delegated responsibility to the Minnesota Department of Natural Resources (DNR) to prepare an updated model ordinance and work with the cities to adopt their respective local update. The new ordinance would not be dramatically different from the city’s existing ordinance, with most of the changes relating to definitions of terms. The city may not significantly deviate from or customize the model ordinance but city staff is working with the DNR to tailor this ordinance to Crystal as much as possible. More significant are the changes to the FEMA floodplain map which would result in 261 Crystal parcels being impacted by the floodplain in whole or in part. This is 73 fewer than the 334 parcels shown in the current map. The net reduction of 73 parcels is due to the following:  77 parcels will no longer be impacted by the floodplain. Staff will inform the affected property owners of this change after the update is adopted. All but one of these parcels are located in the central area of the city shown on the attached maps. COUNCIL STAFF REPORT Revisions to Floodplain Ordinance and Map 6.4 PAGE 2 OF 2  4 parcels not previously impacted would now be partially within the floodplain: - 6920 42nd Avenue North (existing townhome) - 6900 42nd Avenue North (existing townhome) - 6700 41st Avenue North (existing single family home) - 3932 Douglas Drive North (vacant single family lot) All four of these parcels are located in the central area of the city shown on the attached maps. Staff will complete a detailed elevation review to determine if any of these parcels’ buildings or building sites would be within the floodplain, then directly contact the owners before the Planning Commission holds the public hearing to consider the proposed ordinance and map. The proposed schedule for adopting a new ordinance is as follows: Aug. 8 Planning Commission holds public hearing Aug. 16 Council considers first reading of ordinance and map Sep. 6 Council considers second reading and adoption Sep. 15 Summary of ordinance published Oct. 15 Effective date of ordinance and map B. REQUESTED ACTION Direct the Planning Commission to hold a public hearing initiating a zoning ordinance text amendment to revise the Floodplain Overlay District. Attachments: A. Proposed FEMA floodplain map (central area of city) B. Detailed map showing existing and proposed floodplain (entire city) C. Detailed map showing existing and proposed floodplain (central area of city) 6.4 Attachment A Proposed FEMA Floodplain Map – Central Area of Crystal 6.4 6.4 Attachment C 6.4 6.5 6.5 6.5 6.5 6.6 6.6 6.6 6.6 6.6 6.6 6.6 6.6 6.6 6.6 6.6 6.6 6.6 6.6 6.6 6.6 6.6 6.6 6.6 6.7 6.7 6.7 6.7 6.7 6.7 6.7 6.7 6.7 6.7 6.7 6.7 6.7 6.7 6.7 6.7 6.7 6.7 6.7 6.7 6.7 6.7 6.7 6.7 6.7 6.7 Posted: July 15, 2016 CRYSTAL CITY COUNCIL SECOND WORK SESSION AGENDA Tuesday, July 19, 2016 Immediately following the regular City Council meeting Conference Room A Pursuant to due call and notice given in the manner prescribed by Section 3.01 of the City Charter, the second work session of the Crystal City Council was held at ______ p.m. on Tuesday, July 19, 2016 in Conference Room A located at 4141 Douglas Drive, Crystal, Minnesota. I. Attendance Council members Staff ____ Peak ____ Norris ____ Adams ____ Therres ____ Dahl ____ Revering ____ Deshler ____ Ray ____ Kolb ____ Sutter ____ Libby ____ Gilchrist ____ Parsons ____ Serres II. Agenda The purpose of the work session is to discuss the following agenda items: 1. Bassett Creek regional park and trail update* 2. Community Outreach Task Force update 3. CPRR Quiet Zone – revised layouts for West Broadway and Douglas Drive crossings 4. Blue Line update* 5. Council goals and city manager monthly check in 6. Constituent issues update 7. New business* 8. Announcements* * Denotes no supporting information included in the packet. III. Adjournment The work session adjourned at ______ p.m. Auxiliary aids are available upon request to individuals with disabilities by calling the City Clerk at (763) 531-1145 at least 96 hours in advance. TTY users may call Minnesota Relay at 711 or 1-800-627-3529. 4141 Douglas Drive North • Crystal, Minnesota 55422-1696 Tel: (763) 531-1000 • Fax: (763) 531-1188 • www.crystalmn.gov 4141 Douglas Drive North • Crystal, Minnesota 55422-1696 Tel: (763) 531-1000 • Fax: (763) 531-1188 • www.crystalmn.gov Issue Type Key Summary Assignee Reporter Status Created Updated Issue CRCI-52 39XX Kentucky Anne Norris Anne Norris New Issue 7/1/2016 15:22 7/14/2016 11:02 Issue CRCI-48 Noise from basketball courts at North Lions Park Olga Parsons Anne Norris New Issue 3/25/2016 12:51 6/30/2016 16:39 Open Issues (JIRA) Displaying 2 issues at 07/14/16 11:03 AM. Generated at Thu Jul 14 11:03:56 CDT 2016 by Anne Norris using JIRA 1000.148.3#100005-sha1:53b5f3f5ad96b85acf2b5188ebea052651957ac6. 1 of 1 6.2 6.2 CITY OF CRYSTAL ORDINANCE NO. 2016 - _____ AN ORDINANCE OPTING-OUT OF THE REQUIREMENTS OF MINNESOTA STATUTES, SECTION 462.3593 PERTAINING TO TEMPORARY FAMILY HEALTH CARE DWELLINGS The City of Crystal ordains: ARTICLE I. Legislative Findings 1.01 On May 12, 2016, Governor Dayton signed into law the creation and regulation of temporary family health care dwellings, codified at Minnesota Statutes, section 462.3593, which permits and regulates temporary family health care dwellings effective September 1, 2016; 1.02 Subdivision 9 of Minnesota Statutes, section 462.3593 allows cities to opt-out of those regulations; 1.03 The City Council of the City of Crystal has determined that the provisions of Minnesota Statutes, section 462.3593 are well-intentioned, but not entirely appropriate for the City of Crystal; 1.04 The City Council desires to study alternative approaches to temporary family health care dwellings with a goal of developing regulations that are appropriate for the City of Crystal; 1.05 The City Council is unable to adequately study temporary family health care dwellings by September 1, 2016; and 1.06 The Council finds it necessary to opt-out in accordance with subdivision 9 of Minnesota Statutes, section 462.3593. ARTICLE II. Temporary Family Health Care Dwellings 2.01 Pursuant to authority granted by Minnesota Statutes, Section 462.3593, subdivision 9, the City of Crystal opts-out of the requirements of Minnesota Statutes sections 462.3593, which defines and regulates Temporary Family Health Care Dwellings. ARTICLE III. Effective Date 3.01 This ordinance is effective upon adoption and 30 days after publication. 3.02 This Ordinance shall not be codified into the City’s Code of Ordinances. 6.5 ADOPTED this _______day of _______________________, 2016, by the City Council of the City of Crystal. First Reading: ____________, 2016 Second Reading: __________, 2016 Council Adoption:_________, 2016 Publication: Effective Date: BY THE CITY COUNCIL Jim Adams, Mayor ATTEST: ____________________________ Christina Serres, City Clerk 6.5 0PULTO r'tkrf _ Please hand this form to the City Clerk before the meeting begins. To provide ample opportunity for all, speaking time is limited to three minutes and topic discussion is limited to 10 minutes. (Information provided on this form is open to the public) (please print clearly) The topic I wish to address is: Name• Address: Zip Codes— Date: Day Phone (optional): Email (optional): Thank you for your attendance and participation.