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07-02-2014 JWC Agenda PacketAGENDA JOINT WATER COMMISSION July 2, 2014 —1:30 p.m. Council Conference Room Golden Valley City Hall 1. Call to Order 2. Approval of Minutes—June 4, 2014 3. 2013 Annual Financial Report (Virnig) 4. Resolution 14-01— Designating Depositories for Joint Water Funds (Virnig) 5. Resolution 14-02 — Making Annual Elections for the 2014-2015 Insurance Policy (Virnig) 6. Resolution 14-03 — Adoption of the 2015-2019 JWC Capital Projects (Virnig) 7. Resolution 14-04 — Adoption of 2015 JWC General Fund Budget (Virnig) 8. Update on Emergency Backup Water Supply Project (Pasch ke/Kloepper/Hoeft) a. Special JWC Meeting —Week of July 21 (Emergency Wells Water Supply Line) 9. Update on County Road 9 Project (Kloepper) 10. Update on Crystal Pump Station Generator Project (Kloepper) 11. Other Business 12. Adjournment This document is available in alternate formats upon a 72 -hour request. Please call 763-593-8006 (TTY: 763-593-3968) to make a request. Examples of alternate formats may include large print, electronic, Braille, audiocassette, etc. 6 JOINT WATER COMMISSION MINUTES Golden Valley - Crystal - New Hope Meeting of June 4, 2014 The Golden Valley — Crystal — New Hope Joint Water Commission meeting was called to order at 1:33 p.m. in the City of Golden Valley Council Conference Room. Commissioners Present Tom Burt, City Manager, Golden Valley Kirk McDonald, City Manager, New Hope Anne Norris, City Manager, Crystal Staff Present Tom Mathisen, City Engineer, Crystal Randy Kloepper, Utilities Superintendent, Crystal Bob Paschke, Director of Public Works, New Hope Bernie Weber, Operations Manager, New Hope ' Jeannine Clancy, Director of Public Works Sue Virnig, Finance Director, Golden Valley Bert Tracy, Public Works Maintenance Supervisor Kelley Janes, Utilities Supervisor, Golder Mitch Hoeft, Utilities Engineer, Golden Pat Schutrop, Administrative Assistant, Others Present Steve Nelson, Bolton & MOVED by McDonald presented. M21WILca Pipe Anal or $33 security fenc jec analysis is nece Arc Flash Hazard A Project is kept in the amounts toward the the minutes of the May 7, 2014 meeting as r discussioPtwo new projects were added: Douglas Drive and Arc Flash Hazard Analysis for $20,000 in 2015. The (ley rvoir moved from 2014 to 2015. The Douglas Drive pipe orwar with the Douglas Drive rehabilitation project design. The HA safety requirements. The Emergency Water Supply Well n purposes. The cities are each responsible for paying those A. The formal CIP will be presented at the next JWC meeting for Award Contract for Emergency Backup Water Supply Proiect The bid opening took place at 11 am, Wednesday, May 28, in the City of Golden Valley Council Chambers. The following bids were received: E.H. Renner & Sons $1,006,000.00 (cable tool method) Mark J. Traut Wells $1,127,605.00 (dual rotary method) Keys Well Drilling $1,195,260.00 (cable tool method) Mark J. Traut Wells uses dual rotary (DR) which is less disruptive and a more efficient construction method for drilling the wells. Nelson said DR would complete a well in 90 days versus 240 days using the cable tool (CT) method. The CT method will also generate substantial pounding noise and vibration. (:\Joint Water Commission\1WC Minutes\20141WC Minutes\06-04-20141WC Minutes.doc Joint Water Commission June 4, 2014 Page 2 of 2 Due to the amount of extra time it will take to drill the wells using the CT method and the added noise impact to the neighborhood, it is the recommendation of Bolton & Menk, Inc. to award the contract to Mark J. Traut Wells based on the construction method proposed which is better suited to the project. The TAC discussed the recommendation and agreed with the recommendation made by Bolton & Menk. MOVED by Norris and seconded by McDonald to award the Emergency Backup Water Supply well drilling project to Mark J. Traut Wells in the amount of $1,127,605 with simultaneous construction (90 days) to start in September 2014. Motion carried. The September start date will accommodate the completion of the portion of the CSAH 9 project involving the shutdown of the Crystal reservoir and therefore redu ' the risk of having to take the Golden Valley reservoir out of service and the Minneapolis Parkecreation Department's request to avoid potential conflicts with service at its golf course. If the begins in September, Golden Valley is confident the well can be completed by December 2014 The watermain portion of the work will be a watermain segment, there will be one more JWC directed Bolton & Menk, Inc. to do the Bert Tracy put together some preliminary operating cd9 test pumping is done, the water will beAiLcted down t Update on County Road 9 Proiect The contractor had a late start, but the installed to some Robbinsdale_resident The main control pa Service Agreement, ATTEST: Pat Schutrop, Recording Secretary Rhe next coupiN ie project that w► nt for bids for the to review In addition to the to go out for bids. The rain. d that when the ry water services have been ranges to the completion date. ► room. MMhisen received a Tier 2 Electric Xcel Energy for the Chair's signature. 2, 2014, at 1:30 p.m. Thomas D. Burt, Chair (:\Joint Water Commission\JWC Minutes\2014 JWC Minutes\06-04-2014 JWC Minutes.doc GOLDEN VALLEY — CRYSTAL — NEW HOPE JOINT WATER COMMISSION Financial Statements and Supplemental Information Year Ended December 31, 2013 GOLDEN VALLEY — CRYSTAL — NEW HOPE JOINT WATER COMMISSION Table of Contents INTRODUCTORY SECTION Page BOARD OF COMMISSIONERS 1 FINANCIAL SECTION INDEPENDENT AUDITOR'S REPORT 2-3 BASIC FINANCIAL STATEMENTS Government -Wide Financial Statements Statement of Net Position 4 Statement of Activities 5 Fund Financial Statements Balance Sheet — Governmental Funds 6 Statement of Revenue, Expenditures, and Changes in Fund Balances — Governmental Funds 7 Statement of Revenue, Expenditures, and Changes in Fund Balances — Budget and Actual — General Fund 8 Notes to Basic Financial Statements 9-14 OTHER REQUIRED REPORTS Independent Auditor's Report on Internal Control Over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance With Government Auditing Standards 15-16 Independent Auditor's Report on Minnesota Legal Compliance 17 INTRODUCTORY SECTION GOLDEN VALLEY — CRYSTAL — NEW HOPE JOINT WATER COMMISSION Board of Commissioners Year Ended December 31, 2013 Commissioner Position Tom Burt Anne Norris Kirk McDonald Chairperson Vice Chairperson Secretary/Treasurer -1- Governmental Unit City of Golden Valley City of Crystal City of New Hope FINANCIAL SECTION M NK CERTIFIED PUBLIC ACCOUNTANTS INDEPENDENT AUDITOR'S REPORT Board of Commissioners and Management Golden Valley — Crystal — New Hope Joint Water Commission REPORT ON THE FINANCIAL STATEMENTS PRINCIPALS Thomas M. Montague. CPA Thomas A. Karnowski, CPA Paul A. Radosevich, CPA William J. Lauer, CPA James H. Eichren, CPA Aaron J. Nielsen. CPA Victoria L. Holinka, CPA We have audited the financial statements of the governmental activities and each major fund of the Golden Valley — Crystal — New Hope Joint Water Commission (the Commission) as of and for the year ended December 31, 2013, and the related notes to the financial statements, which collectively comprise the Commission's basic financial statements as listed in the table of contents. MANAGEMENT'S RESPONSIBILITY FOR THE FINANCIAL STATEMENTS Management is responsible for the preparation and fair presentation of these basic financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error. AUDITOR'S RESPONSIBILITY Our responsibility is to express opinions on these basic financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the basic financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the Commission's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Commission's internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions. (continued) -2- Malloy, Montague, Karnowski, Radosevich, & Co.. P.A. 5353 WAytita flmd"a,d • Suitt 410 • 4linnra p,.lis. SIN 55416 • Telephone: 9i1-545.0414 • Tr ,f— 951545-0509 • wn x.mmkr. wpm OPINIONS In our opinion, the basic financial statements referred to on the previous page present fairly, in all material respects, the respective financial position of the governmental activities and each major fund of the Commission as of December 31, 2013, the respective changes in financial position thereof, and the budgetary comparison for the General Fund for the year then ended, in accordance with accounting principles generally accepted in the United States of America. OTHER MATTERS Required Supplementary Information Accounting principles generally accepted in the United States of America require that Management's Discussion and Analysis (MD&A) be presented to supplement the basic financial statements. Such information, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board (GASB), who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. The Commission has not presented the MD&A that accounting principles generally accepted in the United States of America have determined necessary to supplement, although not required to be a part of, the basic financial statements. Our opinion on the basic financial statements is not affected by this missing information. Other Information Our audit was conducted for the purpose of forming opinions on the financial statements that collectively comprise the Commission's basic financial statements. The introductory section, as listed in the table of contents, is presented for purposes of additional analysis and is not a required part of the basic financial statements. The introductory section has not been subjected to the auditing procedures applied in the audit of the basic financial statements and, accordingly, we do not express an opinion or provide any assurance on it. Prior Year Comparative Information We have previously audited the Commission's financial statements for the year ended December 31, 2012, and we expressed unmodified audit opinions on the respective financial statements of the governmental activities and each major fund in our report dated April 30, 2013. In our opinion, the partial comparative information presented herein as of and for the year ended December 31, 2012 is consistent, in all material respects, with the audited financial statements from which it has been derived. OTHER REPORTING REQUIRED BY GOVERNMENT AUDITING STANDARDS In accordance with Government Auditing Standards, we have also issued our report dated May 19, 2014 on our consideration of the Commission's internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, grant agreements, and other matters. The purpose of that report is to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the Commission's internal control over financial reporting and compliance. Q Minneapolis, Minnesota May 19, 2014 -3- BASIC FINANCIAL STATEMENTS GOLDEN VALLEY — CRYSTAL — NEW HOPE JOINT WATER COMMISSION Statement of Net Position as of December 31, 2013 (With Partial Comparative Information for the Year Ended December 31, 2012) Assets Cash and investments Due from other governmental units Prepaids Capital assets Not depreciated Depreciated, net of accumulated depreciation Total capital assets, net of accumulated depreciation Total assets Liabilities Accounts and contracts payable Deposits payable Due to other governmental units Unearned revenue Total liabilities Net position Net investment in capital assets Restricted for capital improvements Unrestricted Total net position Total liabilities and net position See notes to basic financial statements -4- Governmental Activities 2013 2012 $ 2,020,176 $ 1,915,060 444,395 981,966 20,102 18,341 1,112,017 278,742 1,127,759 1,029,767 2,239,776 1,308,509 $ 4,724,449 $ 4,223,876 $ 36,911 $ 19,879 8,515 8,515 532,617 800,746 68,461 37,421 646,504 866,561 2,239,776 1,308,509 1,001,552 1,203,916 836,617 844,890 4,077,945 3,357,315 $ 4,724,449 $ 4,223,876 GOLDEN VALLEY — CRYSTAL — NEW HOPE JOINT WATER COMMISSION Statement of Activities Year Ended December 31, 2013 (With Partial Comparative Information for the Year Ended December 31, 2012) Program expenses Water distribution Water purchases Administration and maintenance Depreciation Total program expenses Program revenues — water distribution Charges for services Member assessments Maintenance charges Total charges for services Capital grants and contributions Total program revenues — water distribution Net program revenue General revenues Rental income Change in net position Net position Beginning of year End of year See notes to basic financial statements -5- Governmental Activities 2013 2012 $ 6,319,979 $ 7,341,453 984,844 612,822 90,826 85,477 7,395,649 8,039,752 7,585,686 8,639,175 29,706 17,500 7,615,392 8,656,675 387,916 30,635 8,003,308 8,687,310 607,659 647,558 112,971 124,060 720,630 771,618 3,357,315 2,585,697 $ 4,077,945 $ 3,357,315 GOLDEN VALLEY - CRYSTAL - NEW HOPE JOINT WATER COMMISSION Balance Sheet Governmental Funds as of December 31, 2013 (With Partial Comparative Information for the Year Ended December 31, 2012) Assets Cash and investments Due from other governmental units Prepaids Total assets Liabilities Accounts and contracts payable Deposits payable Due to other governmental units Unearned revenue Total liabilities Deferred inflows of resources Unavailable revenue - receivables Fund balances Nonspendable for prepaids Restricted for capital improvements Unassigned Total fund balances Improvement Capital Projects General Fund Fund Total Governmental Funds 2013 2012 $ 796,873 $ 1,223,303 $ 2,020,176 $ 1,915,060 389,532 54,863 444,395 981,966 20,102 - 20,102 18,341 $ 1,206,507 $ 1,278,166 $ 2,484,673 $ 2,915,367 $ 7,779 $ 29,132 $ 36,911 $ 19,879 8,515 - 8,515 8,515 285,135 247,482 532,617 800,746 68,461 - 68,461 37,421 369,890 276,614 646,504 866,561 372,778 20,102 - 20,102 18,341 - 1,001,552 1,001,552 1,203,916 816,515 - 816,515 453,771 836,617 1,001,552 1,838,169 1,676,028 Total liabilities, deferred inflows of resources, and fund balances $ 1,206,507 $ 1,278,166 $ 2,484,673 $ 2,915,367 Amounts reported for governmental activities in the Statement of Net Position differ because: Fund balances - governmental funds Capital assets used in governmental activities are not financial resources and, therefore, are not reported as assets in governmental funds. Cost of capital assets Less accumulated depreciation Certain receivables included in net position are excluded from fund balances until they are available to liquidate liabilities of the current period. Net position of governmental activities See notes to basic financial statements -6- $ 1,838,169 $ 1,676,028 9,185,303 8,163,210 (6,945,527) (6,854,701) - 372,778 $ 4,077,945 $ 3,357,315 GOLDEN VALLEY - CRYSTAL - NEW HOPE JOINT WATER COMMISSION Statement of Revenue, Expenditures, and Changes in Fund Balances Governmental Funds Year Ended December 31, 2013 (With Partial Comparative Information for the Year Ended December 31, 2012) Revenue Member assessments Charges for services Nonoperating surcharge Construction charges Intergovernmental Other revenue Rental income Maintenance charges Total revenue Expenditures Current Water purchased Insurance Utilities Labor Maintenance Professional services Administrative charges paid to members Rent remitted to members Miscellaneous Capital outlay Total expenditures Net change in fund balances Improvement Capital Projects General Fund Fund Total Governmental Funds 2013 2012 $ 7,097,923 $ - $ 7,097,923 $ 7,342,781 10,541 - 10,541 11,560 - 850,000 850,000 912,056 387,916 387,916 30,635 112,971 - 112,971 124,060 29,706 - 29,706 17,500 7,251,141 1,237,916 8,489,057 8,438,592 6,319,979 - 6,319,979 7,341,453 28,043 - 28,043 22,409 209,324 - 209,324 198,138 28,697 - 28,697 22,001 109,912 - 109,912 47,762 35,546 - 35,546 29,870 42,164 - 42,164 46,241 112,971 - 112,971 124,060 - - - 643 - 1,440,280 1,440,280 476,416 6,886,636 1,440,280 8,326,916 8,308,993 364,505 (202,364) 162,141 129,599 Fund balances Beginning of year 472,112 1,203,916 1,676,028 1,546,429 End of year $ 836,617 $ 1,001,552 $ 1,838,169 $ 1,676,028 Amounts reported for governmental activities in the Statement of Activities are different because: Net change in fund balances - governmental funds Capital outlays are reported as expenditures in governmental funds, but are allocated over the estimated useful lives of the capital assets as depreciation expense in the Statement of Activities. Capital outlay Depreciation expense Certain revenues included in net position are excluded from fund balances until they are available to liquidate liabilities of the current period. Change in net position of governmental activities See notes to basic financial statements -7- $ 162,141 $ 129,599 1,022,093 354,718 (90,826) (85,477) (372,778) 372,778 $ 720,630 $ 771,618 GOLDEN VALLEY - CRYSTAL - NEW HOPE JOINT WATER COMMISSION Statement of Revenue, Expenditures, and Changes in Fund Balances Budget and Actual General Fund Year Ended December 31, 2013 (With Partial Comparative Information for the Year Ended December 31, 2012) 2013 2012 Original and Over (Under) Final Budget Actual Final Budget Actual Revenue Charges for services $ 8,187,920 $ 7,097,923 $ (1,089,997) $ 7,342,781 Nonoperating surcharge - 10,541 10,541 11,560 Otherrevenue Rental income - 112,971 112,971 124,060 Maintenance charges - 29,706 29,706 17,500 Total revenue 8,187,920 7,251,141 (936,779) 7,495,901 Expenditures Current Water purchased 6,907,920 6,319,979 (587,941) 7,341,453 Insurance 30,000 28,043 (1,957) 22,409 Utilities 240,000 209,324 (30,676) 198,138 Labor 45,000 28,697 (16,303) 22,001 Maintenance - 109,912 109,912 47,762 Professional services 115,000 35,546 (79,454) 29,870 Administrative charges paid to members - 42,164 42,164 46,241 Rent remitted to members - 112,971 112,971 124,060 Miscellaneous - - - 643 Capital outlay 850,000 - (850,000) - Total expenditures 8,187,920 6,886,636 (1,301,284) 7,832,577 Net change in fund balances $ - 364,505 $ 364,505 (336,676) Fund balances Beginning of year 472,112 808,788 End of year $ 836,617 $ 472,112 See notes to basic financial statements -8- GOLDEN VALLEY — CRYSTAL — NEW HOPE JOINT WATER COMMISSION Notes to Basic Financial Statements December 31, 2013 NOTE 1— SIGNIFICANT ACCOUNTING POLICIES A. Organization The Golden Valley — Crystal — New Hope Joint Water Commission (the Commission) was formed under the authority of Minnesota Statute § 471.59. Its purpose is to provide for the operation and ownership of a water supply system in and for the Commission. The Commission is governed by a Board of Commissioners which consists of three members, one from each of the participating cities. Original construction costs for the water supply system were allocated to the member cities based on percentages agreed upon in the Joint Powers Agreement. All subsequent operating and maintenance costs are apportioned to each member city based on water usage. All property acquired under this agreement is owned by the member cities in proportion to the amount of construction costs each city pays. The accounting policies of the Commission conform to accounting principles generally accepted in the United States of America as applicable to governmental units. B. Reporting Entity A joint venture is a legal entity resulting from a contractual agreement that is owned, operated, or governed by two or more participants as a separate and specific activity subject to joint control, in which the participants retain either an ongoing financial interest or an ongoing financial responsibility. The Commission, as described above, is considered a joint venture of the cities of Golden Valley, Crystal, and New Hope, and is included as such in their financial statements. As required by accounting principles generally accepted in the United States of America, these financial statements include the Commission (the primary government) and its component units. Component units are legally separate entities for which the primary government is financially accountable, or for which the exclusion of the component unit would render the financial statements of the primary government misleading. The criteria used to determine if the primary government is financially accountable for a component unit includes whether or not the primary government appoints the voting majority of the potential component unit's board, is able to impose its will on the potential component unit, is in a relationship of financial benefit or burden with the potential component unit, or is fiscally depended upon by the potential component unit. Based on these criteria, there are no component units required to be included in the Commission's financial statements. C. Government -Wide Financial Statements The government -wide financial statements (Statement of Net Position and Statement of Activities) display information about the reporting government as a whole. These statements include all of the financial activities of the Commission. The Statement of Activities demonstrates the degree to which the direct expenses of a given function or segment are offset by program revenues. Direct expenses are those that are clearly identifiable with a specific function or segment. Program revenues include: 1) charges to customers or applicants who purchase, use, or directly benefit from goods, services, or privileges provided by a given function or segment, 2) operating grants and contributions, and 3) capital grants and contributions. Other internally directed revenues are reported as general revenues. -9- NOTE 1— SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) The government -wide financial statements are reported using the economic resources measurement focus and the accrual basis of accounting. Revenues are recorded when earned and expenses are recorded when a liability is incurred, regardless of the timing of related cash flows. Grants and similar items are recognized as revenue when all eligibility requirements imposed by the provider have been met. Generally, the effect of interfund activity is eliminated from the government -wide financial statements. The Commission applies restricted resources first when an expense is incurred for which both restricted and unrestricted resources are available. D. Fund Financial Statement Presentation The accounts of the Commission are organized on the basis of funds, each of which is considered a separate accounting entity. The operations of each fund are accounted for with a separate set of self -balancing accounts that comprise its assets, liabilities, deferred inflows/outflows of financial resources, fund equity, revenue, and expenditures. Separate fund financial statements are provided for governmental funds. Major governmental funds are reported as separate columns in the fund financial statements. The resources of the Commission are accounted for in the following two major governmental funds: General Fund — This fund is the Commission's primary operating fund. It accounts for all financial resources of the general government, except those required to be accounted for in another fund. Improvement Capital Projects Fund — This fund is used to account for financial resources set aside for the construction of infrastructure improvements. Governmental funds are reported using the current financial resources measurement focus and the modified accrual basis of accounting. With this measurement focus, only current assets and current liabilities are generally included on the Balance Sheet. Operating statements of this fund present increases (revenue and other financing sources) and decreases (expenditures and other financing uses) in net current assets. Under this basis of accounting transactions are recorded in the following manner: 1. Revenue Recognition — Revenue is recognized when it becomes measurable and available. "Measurable" means the amount of the transaction can be determined and "available" means collectible within the current period or soon enough thereafter to be used to pay liabilities of the current period. For this purpose, the Commission considers revenues to be available if collected within 60 days after year-end. All significant revenue sources are considered susceptible to accrual. 2. Recording of Expenditures — Expenditures are generally recorded when a liability is incurred; however, expenditures are recorded as prepaid for approved disbursements or liabilities incurred in advance of the year in which the item is to be used. E. Budget A budget for the General Fund is adopted annually on the modified accrual basis of accounting. Budgetary control is at the fund level. All appropriations lapse at year-end. F. Use of Estimates The preparation of financial statements, in accordance with accounting principles generally accepted in the United States of America, required management to make estimates that affect the amounts reported. Actual results could alter from these estimates. -10- NOTE 1— SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) G. Receivables The Commission utilizes an allowance for uncollectible accounts to value its receivables; however, it considers all of its current receivables to be collectible. H. Prepaids Certain payments to vendors reflect costs applicable to future accounting periods and are recorded as prepaids. Prepaids are recorded as expenditures/expenses at the time of consumption. I. Capital Assets Capital assets are capitalized at historical cost, or estimated historical cost if purchased or constructed. Donated capital assets are recorded at their estimated fair market value at the date of donation. The Commission defines capital assets as those with an initial, individual cost of $5,000 or more, which benefit more than one fiscal year. The cost of normal maintenance and repairs that do not add to the value of the asset or materially extend asset lives is not capitalized. Capital assets are recorded in the government -wide financial statements, but are not reported in the fund financial statements. Capital assets are depreciated using the straight-line method over their estimated useful lives. Since assets are generally sold for an immaterial amount or scrapped when declared as no longer fit or needed by the Commission, no salvage value is taken into consideration for depreciation purposes. Useful lives used range from 5 to 30 years for the distribution system and 30 years for storage facilities. Construction in progress is not depreciated. J. Risk Management The Commission is exposed to various risks of loss related to torts: theft of, damage to, and destruction of assets; error and omissions; and natural disasters. The Commission participates in the League of Minnesota Cities Insurance Trust (LMCIT), a public entity risk pool for its general property, casualty, and other miscellaneous insurance coverages. LMCIT operates as a common risk management and insurance program for a large number of cities in Minnesota. The Commission pays an annual premium to LMCIT for insurance coverage. The LMCIT agreement provides that LMCIT will be self-sustaining through member premiums and will reinsure through commercial companies for claims in excess of certain limits. Settled claims have not exceeded this commercial coverage in any of the past three years. There were no significant reductions in insurance coverage in 2013. K. Deferred Inflows of Resources In addition to liabilities, statements of financial position or balance sheets will sometimes report a separate section for deferred inflows of resources. This separate financial statement element represents an acquisition of net position that applies to future periods and so will not be recognized as an inflow of resources (revenue) until that time. The Commission has only one type of item, which arises under a modified accrual basis of accounting, which qualifies for reporting in this category. Accordingly, the item, unavailable revenue, is reported only in the governmental funds Balance Sheet. These amounts are deferred and recognized as an inflow of resources in the period the amounts become available. -11- NOTE 1— SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) L. Net Position In the government -wide financial statements, net position represent the difference between assets, deferred outflows of resources (if any), liabilities, and deferred inflows of resources (if any). Net position is displayed in three components: • Net Investment in Capital Assets — Consists of capital assets, net of accumulated depreciation, reduced by any outstanding debt attributable to acquire capital assets. • Restricted Net Position — Consists of net position restricted when there are limitations imposed on their use through external restrictions imposed by creditors, grantors, or laws or regulations of other governments. • Unrestricted Net Position — All other net position that does not meet the definition of "restricted" or "net investment in capital assets." M. Fund Balance Classifications In the fund financial statements, governmental funds report fund balance in classifications that disclose constraints for which amounts in those funds can be spent. These classifications are as follows: • Nonspendable — Consists of amounts that are not in spendable form, such as prepaid items, inventory, and other long-term assets. • Restricted — Consists of amounts related to externally imposed constraints established by creditors, grantors, or contributors; or constraints imposed by state statutory provisions. • Committed — Consists of internally imposed constraints that are established by resolution of the Board of Commissioners. Those committed amounts cannot be used for any other purpose unless the Board of Commissioners removes or changes the specified use by taking the same type of action it employed to previously commit those amounts. • Assigned — Consists of internally imposed constraints. These constraints consist of amounts intended to be used by the Commission for specific purposes but do not meet the criteria to be classified as restricted or committed. In governmental funds, assigned amounts represent intended uses established by the governing body itself or by an official to which the governing body delegates the authority. • Unassigned — The residual classification for the General Fund which also reflects negative residual amounts in other funds. When both restricted and unrestricted resources are available for use, it is the Commission's policy to first use restricted resources, and then use unrestricted resources as they are needed. When committed, assigned, or unassigned resources are available for use, it is the Commission's policy to use resources in the following order: 1) committed, 2) assigned, and 3) unassigned. -12- NOTE 2 — CASH Cash balances of the Commission are maintained in deposits as authorized by Minnesota Statutes. Custodial credit risk is considered the most significant risk associated with deposits. In the case of deposits, this is the risk that in the event of a bank failure, the Commission's deposits may be lost. Minnesota Statutes require that all deposits be protected by federal deposit insurance, corporate surety bonds, or collateral. The market value of collateral pledged must equal 110 percent of the deposits not covered by federal deposit insurance or corporate surety bonds. Authorized collateral includes treasury bills, notes, and bonds; issues of U.S. government agencies; general obligations rated "A" or better; revenue obligations rated "AA" or better; irrevocable standard letters of credit issued by the Federal Home Loan Bank; and certificates of deposit. Minnesota Statutes require that securities pledged as collateral be held in safekeeping in a restricted account at the Federal Reserve Bank or in an account at a trust department of a commercial bank or other financial institution that is not owned or controlled by the financial institution furnishing the collateral. The Commission has no additional deposit policies addressing custodial credit risk. At year-end, the carrying amount of the Commission's deposits was $2,020,176, while the balance on the bank records was $1,394,274. At December 31, 2013, all deposits were fully covered by federal depository insurance or collateral held by the Commission's agent in the Commission's name. NOTE 3 — CAPITAL ASSETS Capital asset activity for the year ended December 31, 2013 is as follows: Beginning Completed Ending Balance Additions Retirements Construction Balance Capital assets, not depreciated Construction in progress $ 278,742 $ 991,600 $ — $ (158,325) $ 1,112,017 Capital assets, depreciated Distribution system 4,837,353 30,493 — 158,325 5,026,171 Storage facilities 3,047,115 — — — 3,047,115 Total capital assets, depreciated 7,884,468 30,493 — 158,325 8,073,286 Less accumulated depreciation (6,854,701) (90,826) — — (6,945,527) Net capital assets, depreciated 1,029,767 (60,333) — 158,325 1,127,759 Total capital assets, net $ 1,308,509 $ 931,267 $ — $ — $ 2,239,776 Depreciation expense is included in the water distribution program in the government -wide financial statements. -13- NOTE 4 — RELATED PARTY TRANSACTIONS The Commission transacts business with the three member cities affiliated through common ownership of the joint venture. A. Revenue and Related Receivables The Commission charges the member cities for water costs, maintenance, and administrative expenditures generated in the ordinary course of business, as well as a nonoperating surcharge. Revenue from charges to the member cities in 2013, along with any remaining receivable, is as follows: City of Golden Valley City of Crystal City of New Hope General Fund Revenue $ 3,098,840 1,941,844 2,067,780 Improvement Capital Projects Fund Revenue $ 371,110 233,325 245,565 Receivable at December 31, 2013 $ 116,481 165,980 94,340 $ 7,108,464 $ 850,000 $ 376,801 B. Expenditures and Related Payables The member cities charge the Commission for expenditures incurred or services performed on the Commission's behalf, as well as an administrative charge. In addition, the Commission remits certain rental revenues received to the member cities. Expenditures made to the member cities in 2013, along with any liability remaining at year-end, are as follows: City of Golden Valley City of Crystal City of New Hope 2013 Expenditures $ 98,381 521,169 108,788 2013 Rental Revenues Remitted $ 37,657 37,657 37,657 Included in Payables at December 31, 2013 $ 8,689 166,413 52,624 $ 728,338 $ 112,971 $ 227,726 -14- OTHER REQUIRED REPORTS MMKR CERTIFIED PUBLIC A C C O U N T A N T S INDEPENDENT AUDITOR'S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS Board of Commissioners and Management Golden Valley — Crystal — New Hope Joint Water Commission PRINCIPALS Thomas M. Montague. CPA 'Phomas A. Karnowski, CPA Paul A. Radoscvich. CPA William J. I Auer, CPA James H. P.ichten, CPA Aaron J. Nielsen. CPA Victoria L. Holinka, CPA We have audited, in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States, the basic financial statements of the governmental activities and each major fund of the Golden Valley — Crystal — New Hope Joint Water Commission (the Commission) as of and for the year ended December 31, 2013, and the related notes to the financial statements, which collectively comprise the Commission's basic financial statements, and have issued our report thereon dated May 19, 2014. INTERNAL CONTROL OVER FINANCIAL REPORTING In planning and performing our audit of the basic financial statements, we considered the Commission's internal control over financial reporting (internal control) to determine the audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the basic financial statements, but not for the purpose of expressing an opinion on the effectiveness of the Commission's internal control. Accordingly, we do not express an opinion on the effectiveness of the Commission's internal control. A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, misstatements on a timely basis. A material weakness is a deficiency, or combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the Commission's basic financial statements will not be prevented, or detected and corrected, on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance. Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or significant deficiencies. Given these limitations, during our audit we did not identify any deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified. (continued) -15- %h1h,v. \lunt.lt;uc, h.arnn,..1;i, 16d—rvich, & Co.. P.A. _.i, ,I^I .n i „�•, n AIti ,!v Ir y, i,. . 44;-11,,' • I , I , f , , `);-'_SHS 0569 • wa x.mmkr,,um COMPLIANCE AND OTHER MATTERS As part of obtaining reasonable assurance about whether the Commission's basic financial statements are free of material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a direct and material effect on the determination of financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of our audit and, accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards. PURPOSE OF THIS REPORT The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the Commission's internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the Commission's internal control and compliance. Accordingly, this report is not suitable for any other purpose. Wa&a7, Wim •, K , ' &.4 P. A . Minneapolis, Minnesota May 19, 2014 -16- 4MNK = ERT1FIED PUBLIC A C C 0 U N T A N T S INDEPENDENT AUDITOR'S REPORT ON MINNESOTA LEGAL COMPLIANCE Board of Commissioners and Management Golden Valley — Crystal — New Hope Joint Water Commission PRINCIPALS Thomas M. Montague. CPA `I'homas A. Karnowski. CPA Paul A. Radosevich, CPA William J. Lauer, CPA James H. Eichren, CPA Aaron J. Nielsen, CPA Victoria L. Holinka, CPA We have audited in accordance with auditing standards generally accepted in the United States of America, and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States, the basic financial statements of the governmental activities and each major fund of the Golden Valley — Crystal — New Hope Joint Water Commission (the Commission) as of and for the year ended December 31, 2013, and the related notes to the financial statements, which collectively comprise the Commission's basic financial statements, and have issued our report thereon dated May 19, 2014. The Minnesota Legal Compliance Audit Guide for Political Subdivisions, promulgated by the Office of the State Auditor pursuant to Minnesota Statute § 6.65, contains seven categories of compliance to be tested: contracting and bidding, deposits and investments, conflicts of interest, public indebtedness, claims and disbursements, miscellaneous provisions, and tax increment financing. Our audit considered all of the listed categories, except that we did not test for compliance in tax increment financing, because the Commission does not utilize tax increment financing. In connection with our audit, nothing came to our attention that caused us to believe that the Commission failed to comply with the provisions of the Minnesota Legal Compliance Audit Guide for Political Subdivisions. However, our audit was not directed primarily toward obtaining knowledge of such noncompliance. Accordingly, had we performed additional procedures, other matters may have come to our attention regarding the Commission's noncompliance with the above referenced provisions. The purpose of this report is solely to describe the scope of our testing of compliance and the results of that testing and not to provide an opinion on compliance. Accordingly, this report is not suitable for any other purpose. 'hl,&107, %eat, Minneapolis, Minnesota May 19, 2014 -17- Malloy, Montague. Karnowski, Radoscvich, & Co.. P.A. 1353 V1grata Foulcvard • Suit, 410 • Miuocapoli,, NIN 55416 • i'cicphonc: 952.545.0.24 • Tclefm 95:•545-0569 • W—Mmkr..om Resolution 14-1 July 2, 2014 Commissioner XXX introduced the following resolution and moved its adoption: RESOLUTION DESIGNATING DEPOSITORIES FOR JOINT WATER FUNDS BE IT RESOLVED by the Joint Water Commission of the Cities of Golden Valley, Crystal, and New Hope that the following are named as depositories for funds on deposit as provided in the Laws of the State of Minnesota: Wells Fargo Golden Valley BE IT FURTHER RESOLVED that the following signatories or alternates are authorized to sign on checks drawn on funds deposited: General Checking: Joint Water Chair Alternate: Joint Water Vice Chair BE IT FURTHER RESOLVED that the following shall be authorized to make investments of Joint Water Funds and shall be authorized to deposit the principal of said investments in the above named depositories and beneficial to the Joint Water Commission: Joint Water Chair, Golden Valley's Finance Director; Golden Valley Accounting Coordinator. Thomas D. Burt, Chair ATTEST: Anne Norris, Vice Chair The motion for the adoption of the foregoing resolution was seconded by Commissioner XXX, and upon a vote being taken thereon, the following voted in favor thereof: XXX, XXX, XXX, and the following voted against the same: XXX, whereupon said resolution was declared duly passed and adopted, signed by the Chair and his signature attested by the Vice Chair. Resolution 14-2 July 2, 2014 Commissioner XXX introduced the following resolution and moved its adoption: RESOLUTION MAKING ANNUAL ELECTIONS FOR THE 2014-2015 INSURANCE POLICY WHEREAS, the Golden Valley -Crystal -New Hope Joint Water Commission must declare whether or not to waive the statutory limits on tort liability established by Minnesota Statutes 456.04, and WHEREAS, the Golden Valley -Crystal -New Hope Joint Water Commission insurance period begins August 1, 2014 through July 31, 2015. NOW, THEREFORE, BE IT RESOLVED by the Commissioners of the Golden Valley -Crystal -New Hope Joint Water Commission that it does not waive the statutory limits on tort liability established by Minnesota Statutes 466.04 for the 2013-2014 insurance policy. Thomas D. Burt, Chair ATTEST: Anne Norris, Vice Chair The motion for the adoption of the foregoing resolution was seconded by Commissioner XXX and upon a vote being taken thereon, the following voted in favor thereof: XXX, XXX, XXX, and the following voted against the same: XXX, whereupon said resolution was declared duly passed and adopted, signed by the Chair and his signature attested by the Vice Chair. Resolution 14-03 July 2, 2014 Commissioner XXX introduced the following resolution and moved its adoption: RESOLUTION ADOPTING THE 2015-2019 CAPITAL PROJECTS FOR THE GOLDEN VALLEY -CRYSTAL- NEW HOPE JOINT WATER COMMISSION BE IT RESOLVED by the Joint Water Commission of the Cities of Golden Valley, Crystal, and New Hope that the Capital Projects for the year 2015 thru 2019 shall be as listed on attached Schedule A. BE IT FURTHER RESOLVED by the Joint Water Commission of the Cities of Golden Valley, Crystal, and New Hope that the sources of financing shall come from each of the cities based on the current year consumption percentage. Thomas D. Burt, Chair ATTEST: Anne Norris, Vice Chair The motion for the adoption of the foregoing resolution was seconded by Commissioner XXX and upon a vote being taken thereon, the following voted in favor thereof: XXXX and the following voted against the same: none; whereupon said resolution was declared duly passed and adopted, signed by the Chair and his signature attested by the Vice Chair. 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L v X v w 3 is v w 3> 3 o` c v_ iD ¢¢ O. Y U E U c— c ra m '. c a C o> - l7 v r O N o n > v o v o o n ti o o2S o p w U n 3 0 0 0 a" v O c o v o E x 3 N o v v v U U v U v U a V v V oo u F v v V c v 0> v V Y v V a> p v V 0 u v U Y g in ¢ v U L r6 v U L0 v U—¢— to,> l7 J f0f0 f0 v O Y `p O L O> f0 R pp _— v O Y c O O v ` O v C w— — O O LL on L Q Y Q CL v v Q v Q v O_ v d v O- o 0/ 01 v Q v E O. v U Q v v Q v a Q v U 7 O 0 d i fl_ O a a�-� F 0 = .� = K w — Q c Z — c° — � w D: w — CL v N CC K — LY v N a c�¢ — �v o0 � — — Joint Water Commission Request Capital Improvement Program 2015-2019 Project Name: County Road 9 (12-023) City: Crystal Replace approximately one mile of the Joint Water Commission 36" water transmission line on County Road 9 from Victory Memorial Parkway to Lake Road. This will be a two year project spanning years 2014 and 2015. Starting in 2014, Hennepin County will be reconstructing the portion of County Road 9 in Robbinsdale from Victory Memorial Parkway to Lake Road. Due to the age of the 36" watermain, installed in 1963, and conflicts within the roadway corridor the Joint Water Commission will need to replace the watermain for the length of the project Hennepin County will share in the cost of this project. Expenditures 2015 2016 2017 2018 2019 Total Infrastructure 750,000 750,000 Funding Sources 2015 2016 2017 2018 2019 Total JWC 750,000 750,000 Total 750,000 750,000 Prepared By RANDY KLOEPPER Overview Statement—Executive Joint Water Commission Request Capital Improvement Program 2015-2019 Project Name: Security Fence Reservoir (13-030) City: Golden Valley Security fence installed at the JWC Golden Valley reservoir 74 Security fence is essential to ensure a safe and secure drinking water system Expenditures 2015 2016 2017 2018 2019 Total Infrastructure 35,000 35,000 Funding Sources 2015 2016 2017 2018 2019 Total JWC 35,000 35,000 Total 35,000 35,000 Prepared By MITCHELL HOEFT, P.E. KELLEY JANES, AND BERT TRACY Confidential Page 2 6/26/2014 Project Overview Statement—Executive Summary Joint Water Commission Request Capital Improvement Program 2015-2019 Project Name: Debt Service Payments (14-001) City: Project Description In 2014, the Joint Water Commission anticipates selling a bond for $4 million to pay for the Emergency Water Supply Plan. Debt service payments will start in 2015. Project Justification In order to finance the improvements, bonds will need to be sold with a term of 20 years. Expenditures 2015 2016 2017 2018 2019 Total Infrastructure 350,000 350,000 350,000 350,000 350,000 1,750,000 Funding Sources 2015 2016 2017 2018 2019 Total JWC 350,000 350,000 350,000 350,000 350,000 1,750,000 Total 350,000 350,000 350,000 350,000 350,000 1,750,000 Prepared By Confidential Page 3 6/26/2014 Project Overview Statement—Executive Summary Joint Water Commission Request Capital Improvement Program 2015-2019 Project Name: Two Pumps and Valves (14-027) City: Golden Valley Replace automatic control valves, air release valves and flow meter on two pumps Automatic control valves, air release valves and flow meters are essential to pump operation at the Joint Water Commission Golden Valley pump house. Expenditures 2015 2016 2017 2018 2019 Total Infrastructure 70,000 70,000 Funding Sources 2015 2016 2017 2018 2019 Total JWC 70,000 70,000 Total 70,000 70,000 Prepared By KELLEY JANES AND BERT TRACY Confidential Page 4 6/26/2014 Project Overview Statement—Executive Summary Joint Water Commission Request Capital Improvement Program 2015-2019 Project Name: Trunk Valves (15-001) City: Golden Valley Project Dee -n Replace trunk valve that do not operate and/or close completely in Golden Valley Replace trunk valves that do no operated properly so that the portions of the JWC watermain system can be shut down for repair Expenditures 2015 2016 2017 2018 2019 Total Infrastructure 70,000 70,000 140,000 Funding Sources 2015 2016 2017 2018 2019 Total JWC 70,000 70,000 140,000 Total 70,000 70,000 140,000 Prepared By KELLEY JANES AND BERT TRACY Confidential Page 5 6/26/2014 Project Overview Statement—Executive Summary Joint Water Commission Request Capital Improvement Program 2015-2019 Project Name: Elevated Tower Inspection (15-002) City: Golden Valley Pr4jt Ike Inspect the JWC Golden Valley water tower Project JUSM0- 1 Inspect the condition of the interior "wet" paint and exterior coating of the JWC Golden Valley water tower. This also provides for cleaning of the tower Expenditures 2015 2016 2017 2018 2019 Total Infrastructure 10,000 10,000 Funding Sources 2015 2016 2017 2018 2019 Total JWC 10,000 10,000 Total 10,000 10,000 PREPARED By Kelley Janes Confidential Page 6 6/26/2014 Project Overview Statement—Executive Summary Joint Water Commission Request Capital Improvement Program 2015-2019 Project Name: North Tower Blast and Repaint (15-003) City: New Hope --- 0=79 0. U Interior and exterior structure repairs to elevated north tower, along with blasting and repaint. tir�ni�art lr�flf�s�ti�s After careful site investigation, the north tower needs to be blasted and completely repainted. Expenditures 2015 2016 2017 2018 2019 Total Infrastructure 500,000 500,000 Funding Sources 2015 2016 2017 2018 2019 Total 1wC 500,000 500,000 Total 500,000 500,000 Prepared By BERNIE WEBER AND BOB PASCHKE Confidential Page 7 6/26/2014 Project Overview Statement—Executive Summary Joint Water Commission Request Capital Improvement Program 2015-2019 Project Name: Trunk Valve Replacements (15-004) City: New Hope 2015- 2017- 2019 015- 2017- 2019 — Replace trunk valve at 7701— 42"d Ave N. (16" Valve on PCCP Water Main) Projed Justiflation Replace trunk valves that do not operate properly so that the portions of the JWC watermain system can be shut down for repair when necessary. Expenditures 2015 2016 2017 2018 2019 Total Infrastructure 70,000 70,000 80,000 220,000 Funding Sources 2015 2016 2017 2018 2019 Total JWC 70,000 70,000 80,000 220,000 Total 70,000 70,000 80,000 220,000 Prepared By: BERNIE WEBER AND BOB PASCHKE Confidential Page 8 6/26/2014 Project Overview Statement—Executive Summary Joint Water Commission Request Capital Improvement Program 2015-2019 Project Name: Install Additional Reservoir Access (15-005) City: Crystal Install additional maintenance hatched in Crystal reservoir to allow access for replacement\replacement of the 48" gate valves. Project Justiic 1 The current 2'X3' access hatches are not large enough to allow replacement or repairs to be performed on the 48" valve in the underground reservoir. Expenditures 2015 2016 2017 2018 2019 Total Infrastructure 100,000 100,000 Funding Sources 2015 2016 2017 2018 2019 Total JWC 100,000 100,000 Total 100,000 100,000 Prepared By Randy Kloepper Confidential Page 9 6/26/2014 Project Overview Statement—Executive Summary Joint Water Commission Request Capital Improvement Program 2015-2019 Project Name: Install 48" Valve at JWC Golden Valley reservoir (15-006) City: Golden Valley Install 48" valve on the Minneapolis 48" main that delivers water to the JWC Golden Valley reservoir Installation of a 48" main valve will ensure delivery of water from Minneapolis from either direction to allow for increased insurance of water to the reservoir Expenditures 2015 2016 2017 2018 2019 Total Infrastructure 150,000 150,000 Funding Sources 2015 2016 2017 2018 2019 Total JWC 150,000 150,000 Total 150,000 150,000 Prepared By MITCHELL HOEFT, P.E., KELLEY JANES, AND BERT TRACY Confidential Page 10 6/26/2014 ect Overview Statement—Executive Summary Joint Water Commission Request Capital Improvement Program 2015-2019 Project Name: Replacements at Pump Station (16-001) City: Golden Valley Project Description Replace two pumps, motors, and motor starters at JWC Golden Valley pump station Project Justification Continue with pump, motor, motor starter upgrades at the JWC Golden Valley pump station. One pump, motor, and starter was replaced in 2010. The four existing pumps are 50 years old and need to be upgraded. Expenditures 2015 2016 2017 2018 2019 Total Infrastructure 280,000 280,000 560,000 Funding Sources 2015 2016 2017 2018 2019 Total JWC 280,000 280,000 560,000 Total 280,000 280,000 560,000 Prepared By MITCHELL HOEFT, P.E. , KELLEY JANES, AND BERT TRACY Confidential Page 11 6/26/2014 Project Overview Statement—Executive Summary Joint Water Commission Request Capital Improvement Program 2015-2019 Project Name: Replace Reservoir Ladders (2) Tank Grouting and misc. Tank Repairs, Blasting/Painting Piping (16-002) City: Golden Valley RrYlJ"t DaC►'i�EleNt Replace JWC Golden Valley reservoir ladders (2), sandblast and paint interior piping and metal appurtenances, and interior tank grouting. g 4 Existing ladders (2) are degraded creating a safety concern. Interior tank maintenance on the reservoir which is over 50 years old. Expenditures 2015 2016 2017 2018 2019 Total Infrastructure 45,000 45,000 Funding Sources 2015 2016 2017 2018 2019 Total JWC 45,000 45,000 Total 45,000 45,000 Prepared By MITCHELL HOEFT, P.E., KELLEY JANES, AND BERT TRACY Confidential Page 12 6/26/2014 Project Overview Statement—Executive Summary Joint Water Commission Request Capital Improvement Program 2015-2019 Project Name: Replace Reservoir Mud Valves and Install Orifice Plates (16-003) City _Golden Valley Replace JWC Golden Valley reservoir mud valves (2) and install two orifice plates on the 24" influent reservoir pipes at the JWC Golden Valley reservoir Mud valves are degraded to the point where the valves do not operate. Install orifice plates to eliminate the use of isolation valves for reducing reservoir influent flow rates. The isolation valves are for isolating the flow meters for repair. The continued use of the isolation valves as flow control valves will prematurely wear out the valves. Expenditures 2015 2016 2017 2018 2019 Total Infrastructure 65,000 65,000 Funding Sources 2015 2016 2017 2018 2019 Total JWC 65,000 65,000 Total 65,000 65,000 Prepared By MITCHELL HOEFT, P.E. AND KELLEY JANES Confidential Page 13 6/26/2014 Project Overview Statement—Executive Summary Joint Water Commission Request Capital Improvement Program 2015-2019 Project Name: South Tower Blast and Repaint (16-004) City: New Hope "ect Description' Interior and exterior structure repair to elevated south tower, along with blasting and repaint. After careful site investigation, the south tower needs to be blasted and repainted. Expenditures 2015 2016 2017 2018 2019 Total Infrastructure 750,000 750,000 Funding Sources 2015 2016 2017 2018 2019 Total 1wC 750,000 750,000 Total 750,000 750,000 PREPARED BY Bernie Weber and Bob Paschke Confidential Page 14 6/26/2014 Project Overview Statement—Executive Summary Joint Water Commission Request Capital Improvement Program 2015-2019 Project Name: Gate Valve Replacements (16-005) City: Crystal Project DeScription, Replace the 16" gate valves located at 30th and Douglas Dr. 32"d and Hampshire and the 24" valve at 391h and Douglas Dr. Project h*11""Oo" I The swamp coolers at the Crystal pump station provide the cooling of the interior of the pump room and were installed in 1963 are reaching the end of their life cycle. Expenditures 2015 2016 2017 2018 2019 Total Infrastructure 70,000 70,000 75,000 215,000 Funding Sources 2015 2016 2017 2018 2019 Total JWC 70,000 70,000 75,000 215,000 Total 1 70,000 1 i 70,000 1 75,000 1 215,000 Prepared By Randy Kloepper Confidential Page 15 6/26/2014 Overview Statement—Executive Summary Joint Water Commission Request Capital Improvement Program 2015-2019 Project Name: Inspect and Clean Reservoir (16-006) City: Crystal Pray ir®n I Clean and inspect the Crystal 19 million gallon reservoir Periodically concrete reservoirs require structural inspection and cleaning. Expenditures 2015 2016 2017 2018 2019 Total Infrastructure 30,000 30,000 Funding Sources 2015 2016 2017 2018 2019 Total JWC 30,000 30,000 Total 30,000 30,000 Prepared By Randy Kloepper Confidential Page 16 6/26/2014 Project Overview Statement—Executive Summary Joint Water Commission Request Capital Improvement Program 2015-2019 Project Name: Replace 16" and 18" Watermain on Douglas Dr. (16-007) City: Golden Valley Prosect Descflorlon Replace watermain on Douglas Drive Replace the 16" and 18" watermain on Douglas Drive as part of the Douglas Drive reconstruction project. This watermain is 50 years old and should be replaces during the full reconstruction of Douglas Drive due to the condition of the pipe. Expenditures 2015 2016 2017 2018 2019 Total Infrastructure 800,000 800,000 Funding Sources 2015 2016 2017 2018 2019 Total J WC 800,000 800,000 Total 800,000 800,000 Prepared By MITCHELL HOEFT, P. E. AND KELLEY JANES Confidential Page 17 6/26/2014 Project Overview Statement—Executive Summa Joint Water Commission Request Capital Improvement Program 2015-2019 Project Name: 54th Avenue Watermain Replacement (16-008) City: New Hope Project Description Directional drill watermain down 541h Avenue from Boone Avenue to Winnetka Avenue in New Hope. Project Justification Existing watermain is a concrete pipe that needs to be replaced. Expenditures 2015 2016 2017 2018 2019 Total Infrastructure 720,000 720,000 Funding Sources 2015 2016 2017 2018 2019 Total J W C 720,000 720,000 Total 720,000 720,000 Prepared By BERNIE WEBER AND BOB PASCHKE Confidential Page 18 6/26/2014 Project Overview Statement—Executive Summary Joint Water Commission Request Capital Improvement Program 2015-2019 Project Name: Reroof Crystal pump station (17-002) City: Crystal Reroof the Crystal pump station The Pump station was replaced in 1994. In 2010 it was repaired. It will require replacement in 2017 to avoid leaks that would damage the building and the equipment. Expenditures 2015 2016 2017 2018 2019 Total Infrastructure 90,000 90,000 Funding Sources 2015 2016 2017 2018 2019 Total JWC 90,000 90,000 Total I 1 90,000 1 1 1 90,000 Prepared By Randy Kloepper Confidential Page 19 6/26/2014 Project Overview Statement—Executive Summary Joint Water Commission Request Capital Improvement Program 2015-2019 Project Name: Replacements at Pump Station (17-003) City: Crystal Kim Replacement of one 300 hp. motor, pump, and motor starter for #3 pump at Crystal pump station with a new energy efficient motor, pump, and "soft Start" starter. Project Jul! I The current motor and pump were installed in 1963. They will be replaced with an energy efficient motor to reduce electrical demand on the station and the installation of a "soft start" starter will allow the motor to ramp up to full operating speed decreasing stress on the motor. Expenditures 2015 2016 2017 2018 2019 Total Infrastructure 175,000 175,000 Funding Sources 2015 2016 2017 2018 2019 Total JWC 175,000 175,000 Total 175,000 175,000 Prepared By Randy Kloepper Confidential Page 20 6/26/2014 Project Overview Statement—Executive Summary Joint Water Commission Request Capital Improvement Program 2015-2019 Project Name: Replace Swamp Coolers (19-00?) City: Crystal Replace swamp coolers at the Crystal Pump Station The swamp coolers at the Crystal pump station provide the cooling of the interior of the pump room and were installed in 1963 are reaching the end of their life cycle. Expenditures 2015 2016 2017 2018 2019 Total Infrastructure 40,000 40,000 Funding sources 2015 2016 2017 2018 2019 Total JWC 40,000 40,000 Total 40,000 40,000 Prepared By Randy Kloepper Confidential Page 21 6/26/2014 Project Overview Statement—Executive Summary Joint Water Commission Request Capital Improvement Program 2015-2019 Project Name: Douglas Drive Pipe Analysis (15-???) City: Golden Valley Analysis of 16" and 18" JWC watermain on Douglas Drive. Prior to just replacing the 16" and 18" JWC watermain on Douglas Drive with the 2016 reconstruction project, we will complete leak detection and spot condition analysis of the pipe to determine whether or not the pipe needs replacement. Expenditures 2015 2016 2017 2018 2019 Total Infrastructure 33,000 33,000 Funding Sources 2015 2016 2017 2018 2019 Total JWC 33,000 33,000 Total 33,000 33,000 Prepared By: Mitchell Hoeft, P.E. and Bert Tracy Confidential Page 22 6/26/2014 Project Overview Statement—Executive Summary Joint Water Commission Request Capital Improvement Program 2015-2019 Project Name: Arc Flash Hazard Analysis (15-00?) City: Golden Valley and Crystal Pr*dJustifica"Onl A detailed visual and mechanical inspection, including an infrared themographic imaging, ultrasonic, voltage and harmonics evaluations. The arc flash analysis will bring the city's water system in compliance with the NFPA-70E Standard. Expenditures 2015 2016 2017 2018 2019 Total Infrastructure 20,000 20,000 Funding Sources 2015 2016 2017 2018 2019 Total 1wC 20,000 20,000 Total 20,000 20,000 Prepared By BERT TRACY AND RANDY KLOEPPER Confidential Page 23 6/26/2014 Project Name: Project Overview Statement—Executive Summary Joint Water Commission Request Capital Improvement Program 2015-2019 City: Expenditures 2015 2016 2017 2018 2019 Total Infrastructure Funding Sources 2015 2016 2017 2018 2019 Total JWC Total Prepared By Confidential Page 24 6/26/2014 Resolution 14-04 July 2, 2014 Commissioner XXX introduced the following resolution and moved its adoption: RESOLUTION OF THE JOINT WATER COMMISSION ADOPTING THE 2015 GENERAL FUND BUDGET NOW, THEREFORE, BE IT RESOLVED by the Joint Water Commission that the appropriations for the General Fund Program for the calendar year 2015 as follows: GENERALFUND Expenditures Original Budget Water Purchased $6,407,050 $46,430 Insurance $35,000 Utilities $240,000 Labor $46,000 Professional Services $115,000 Capital Improvement $2,005,000 $8,894,480 BE IT FURTHER RESOLVED by the Joint Water Commission that the sources of financing the sums appropriated shall be: GENERAL FUND Revenue City of Golden Valley City of Crystal City of New Hope $3,877,104 $2,429,082 $2,588,294 $8,894,480 Resolution 14-04 - Continued Thomas D. Burt, Chair ATTEST: Anne Norris, Vice Chair July 2, 2014 The motion for the adoption of the foregoing resolution was seconded by Commissioner XXX and upon a vote being taken thereon, the following voted in favor thereof: XXX, XXX, and XXX; and the following voted against the same: none; whereupon said resolution was declared duly passed and adopted, signed by the Chair and his signature attested by the Vice Chair.