INFORMATION 10-18-1993
CONSULTING ENGINEERS
.
1~26 Energ) Park Dril'e
81. Paul. 11\ a,jIUS-52l1'2
. 612-644-1~89
ax: 612.644-9446
9SOO SbeIanI MWiY. SW.lll2
Ilinoeapolis, MS 55441-6451
612'M6-114~
fax: 612-544-6398
OCT t B 1993
q.
October 15, 1993
File: 230-175-20
Mr. Patrick Klaers
City Administrator
City of Elk River
13065 Orono Parkway
Elk River, MN 55330
RE: Jackson Avenue Sidewalk Improvements
Dear Mr. Klaers:
As we discussed, construction is slated to begin during the week of October 18, 1993 for 8'
sidewalk improvements along Jackson Avenue from School Street to 190th Avenue. The
contractor for the project is Landmark Concrete, Inc. and we met earlier this week in the
field to discuss the project. Inspection will be provided by our present staff working within
the City.
With regard to financing, we are pleased to report that turnback funding has been approved
in lieu of municipal state aid funds.
We will keep you advised of the construction progress and forward any necessary documents
or pay estimates. Please contact either myself or Terry Maurer if you have any questions.
Sincerely,
;y~~z:
Mark J. Graham, P .E.
MJG:ds
17S-1S07.OCT
-
. -.
1994 ESTIMATED TAX RATES (Based on County Auditor data of Oct. 15, 1993)
e ACTUAL OCT. 15 NTC
BENEFIT ADJUSTED
DISTRICT RATIO NTC
URBAN 7230530 1 7230530
RURAL 862637 0.9 776373
TOTAL 8093167 8006903
NON-BOND NET LEVY SPREAD
LEVY AMOUNT NTC RATE URBAN RURAL
GENERAL 1,540,388 8006903 19.238% 19.238% 17.314%
LIBRARY 31,037 8006903 0.388% 0.388% 0.349%
DAM LOAN 24,243 8006903 0.303% 0.303% 0.273%
BONDED
LEVY
1977 GO RF 13,296 7230530 0.184% 0.184%
1977 GO RF 9,628 8093167 0.119% 0.119% 0.119%
CITY S/A 23,297 8093167 0.288% 0.288% 0.288%
1989 FIRE 49,974 8093167 0.617% 0.617% 0.617%
1990 C OF I 12,653 8093167 0.156% 0.156% 0.156%
1991COFI 18,805 8093167 0.232% 0.232% 0.232%
e 1992 C OF I 18,273 8093167 0.226% 0.226% 0.226%
1993 C OF I 25,964 8093167 0.321 % 0.321 % 0.321 %
1994 C OF I 20,840 8093167 0.258% 0.258% 0.258%
TOTAL 1788398 22.330% 20.153%
7,230,530 862,637
TAX REVENUE GENERATED BY DISTRICT 1,614,577 173,847
TOTAL TAX REVENUE GENERATED 1,788,424
TAX RATE COMPARISON
ACTUAL PERCENT
1993 1994* INCREASE
URBAN 20.560 22.333 8.62%
RURAL 13.122 20.156 53.60%
NTC COMPARISON
ACTUAL PERCENT
1993 1994 INCREASE
URBAN 7090758 7230530 1.97%
RURAL 837605 862637 2.99%
TOTAL 7928363 8093167 2.08%
e *Difference in tax rate due to rounding. County Auditor calculated rates are used
for comparison purposes and for tax calculation.
ER FINANCE DEPARTMENT
OCT. 18, 1993