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HomeMy WebLinkAboutCity Council - 05/06/2025Agenda Eden Prairie City Council Workshop 5:30 p.m. Tuesday, May 6, 2025 City Center Heritage Rooms, Council Chambers 8080 Mitchell Road Eden Prairie, MN 55344 ATTENDEES City Council Members: Mayor Ron Case, Council Members Kathy Nelson, Mark Freiberg, PG Narayanan, and Lisa Toomey City Staff: City Manager Rick Getschow, Public Works Director Robert Ellis, Community Development Director Julie Klima, Parks and Recreation Director Amy Markle, Police Chief Matt Sackett, Fire Chief Scott Gerber, Administrative Services/HR Director Alecia Rose, Communications Manager Joyce Lorenz, City Attorney Maggie Neuville, and Recorder Sara Potter MEETING AGENDA Heritage Rooms I. 2024 Audit Report and Financial Statements 5:30 to 6 p.m. II. 2024 Southwest Transit Year in Review 6 to 6:30 p.m. Council Chambers III. Open Podium IV. Adjournment Agenda Eden Prairie City Council Meeting 7 p.m. Tuesday, May 6, 2025 City Center Council Chambers 8080 Mitchell Road Eden Prairie, MN 55344 ATTENDEES City Council Members: Mayor Ron Case, Council Members Kathy Nelson, Mark Freiberg, PG Narayanan, and Lisa Toomey City Staff: City Manager Rick Getschow, Public Works Director Robert Ellis, Community Development Director Julie Klima, Parks and Recreation Director Amy Markle, Police Chief Matt Sackett, Fire Chief Scott Gerber, Administrative Services/HR Director Alecia Rose, and City Attorney Maggie Neuville MEETING AGENDA I. Call the Meeting to Order II. Pledge of Allegiance III. Open Podium Invitation IV. Proclamations and Presentations A. Heritage Preservation Award B. Hennepin County Commissioners Edelson and Goettel C. 2024 Annual Comprehensive Financial Report D. Senior Awareness Month Proclamation V. Approval of Agenda and Other Items of Business VI. Minutes A. City Council Workshop held Tuesday, April 15, 2025 B. City Council Meeting held Tuesday, April 15, 2025 VII. Consent Calendar A. Clerk’s List CITY COUNCIL MEETING AGENDA May 6, 2025 Page 2 B. Marshall Gardens by Lake West Development, LLC. Second reading of Ordinance for Zoning District changes on 32.11 acres and PUD District Review with Waivers on 8.03 acres, Resolution for Site Plan on 32.11 acres, approve Development Agreement C. Adopt the Resolution approving the Marshall Gardens final plat D. Adopt Resolution approving limited use permit for a municipal entry monument sign on I-494 south of County Road 62 E. Adopt Resolution approving Dell Road Improvement Project appraisal value and property acquisition F. Approve change order no. 2 for Eden Prairie Road Watermain Rehabilitation project G. Approve Willow Creek Road feasibility amendment H. Enter into sub-grant agreement with Homes Within Reach for purchase of house using Met Council Grant award I. Award contract for 2025 Carmel Park hardcourt surface rehabilitation to Bituminous Roadways, Inc. J. Approve installation of Miller Park fence enclosure K. Approve Riley Lake volleyball court fence replacement L. Authorize professional services agreement for Valley View Road trail and sidewalk project with Houston Engineering M. Approve Hennepin County West Metro Drug Task Force cooperative agreement N. Direct staff to not waive the monetary limits on tort liability established by Minnesota Statute 466.04 O. Approve contract for new website products and services with Granicus, LLC VIII. Public Hearings and Meetings IX. Payment of Claims X. Ordinances and Resolutions XI. Petitions, Requests, and Communications XII. Appointments CITY COUNCIL MEETING AGENDA May 6, 2025 Page 3 XIII. Reports A. Reports of Council Members B. Report of City Manager C. Report of Community Development Director D. Report of Parks and Recreation Director E. Report of Public Works Director F. Report of Police Chief G. Report of Fire Chief H. Report of City Attorney XIV. Other Business XV. Adjournment City Council Agenda Cover Memo Date: May 6, 2025 Section: Presentations and Proclamations Item Number: IV.A. Department: Community Development / Planning Julie Klima / Beth Novak-Krebs ITEM DESCRIPTION The Heritage Preservation award recognizes an individual, a family or a business who has made an outstanding contribution to Eden Prairie’s historic resources. The Heritage Preservation Commission has selected a recipient for 2025 award. Heritage Preservation Commissioner, Rod Fisher, will introduce the award and the Mayor will present the award. The recipient of the 2025 Heritage Preservation Award is the Eden Prairie Schools. Representatives of the school district will be in attendance to receive their award. SUMMARY In 2024, the community celebrated a century of school history. The Consolidated School was built in 1924 and included a state-of-the-art gymnasium that included electricity, central heating and running water. Today, the school building is used for School District Administrative Offices. Due to the efforts of the Historical Society and the Gym Task Force, the gym was restored and continues to be a historic community landmark and functional space for the School District. To celebrate the 100th year anniversary, Eden Prairie Schools in partnership with the Historical Society, and the Gym Task Force, hosted a Citywide Prom in the Historic Gym, which also hosted a historic artifacts gallery, guided tours and a Family Fun Day. These events allowed people of all ages to connect with the space’s legacy. By integrating interior branding, a commemorative plaque and exterior signage, Eden Prairie Schools elevated the gym’s role as a living piece of Eden Prairie’s educational heritage. The 100th year celebration brought awareness of the gym to hundreds of people. The celebration and continued maintenance of the gym demonstrates Eden Prairie School’s commitment to the preservation of a treasured landmark. Heritage Preservation Commission members are: Steve Schumacher, Chair Andy Ludowese Paul Thorp, Vice Chair Prima Sisinni Rod Fisher Lisa Rude George Maxwell Robert Bowes Cathy Lau Beth Novak-Krebs, Staff Liaison City Council Agenda Cover Memo Date: May 6, 2025 Section: Proclamations and Presentations Item Number: IV.C. Department: Administration / Finance ITEM DESCRIPTION 2024 Annual Comprehensive Financial Report (ACFR). REQUESTED ACTION Move to accept the 2024 Annual Comprehensive Financial Report (ACFR). SUMMARY Minnesota statutes require that the City prepare an annual financial report and statements in accordance with Generally Accepted Accounting Principles. The attached reports meet these requirements. The report was prepared by the Finance Division and audited by the independent auditing firm of BerganKDV. BerganKDV issued an unmodified opinion which is the highest level of opinion the City can receive and means the auditor believes the financial statements are fairly presented in all material respects. Caroline Stutsman, Partner for the accounting firm will make a presentation of the financial report. ATTACHMENTS 2024 ACFR 2024 Internal Control Letter 2024 Communications Letter Annual Comprehensive Financial Report CITY OF EDEN PRAIRIE, MINNESOTA For the Fiscal Year Ended December 31, 2024 This page is intentionally left blank 2 ANNUAL COMPREHENSIVE FINANCIAL REPORT of the CITY OF EDEN PRAIRIEMINNESOTA For The Fiscal Year Ended December 31, 2024Rick Getschow, City Manager Prepared by THE FINANCE DIVISION Tammy Wilson, Chief Financial Officer 3 City of Eden Prairie, Minnesota For the Year Ended December 31, 2024 Table of Contents Page Introductory Section Letter of Transmittal................................................................................................................................................... 8 GFOA Certificate of Achievement ......................................................................................................................... 15 Organizational Chart ................................................................................................................................................. 16 List of Principal Officials .......................................................................................................................................... 17 Financial Section Independent Auditors’ Report .............................................................................................................................. 20 Management’s Discussion and Analysis ............................................................................................................ 24 Basic Financial Statements Government-wide Financial Statements Statement of Net Position ............................................................................................................................ 38 Statement of Activities .................................................................................................................................. 40 Fund Financial Statements Balance Sheet-Governmental Funds ........................................................................................................ 44 Reconciliation of the Balance Sheet of Governmental Funds to the Statement of Net Position .......................................................................................................... 45 Statement of Revenues, Expenditures and Changes in Fund Balances – Governmental Funds .............................................................................................. 46 Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balances of Governmental Funds to the Statement of Activities ................................. 47 Statement of Revenues, Expenditures and Changes in Fund Balance – Budget and Actual – General Fund ...................................................................... 49 Statement of Net Position – Proprietary Funds ................................................................................... 52 Statement of Revenues, Expenses and Changes in Net Position – Proprietary Funds ......... 53 Statement of Cash Flows – Proprietary Funds ..................................................................................... 54 Statement of Fiduciary Net Position ....................................................................................................... 56 Statement of Changes in Fiduciary Net Position ................................................................................. 57 Notes to Financial Statements ......................................................................................................................... 60 Required Supplemental Information Modified Approach for Infrastructure Assets ....................................................................................... 106 Schedule of Changes in the City’s Total OBEB Liability and Related Ratios ............................. 107 Schedule of Proportionate Share of Net Pension Liability Public Employees General Employees Retirement Fund ................................................................. 108 Public Employees Police and Fire Fund .................................................................................................. 109 Eden Prairie Fire Relief.................................................................................................................................. 110 Schedule of Contributions Public Employees General Employees Retirement Fund ................................................................. 111 Public Employees Police and Fire Fund .................................................................................................. 112 Eden Prairie Fire Relief.................................................................................................................................. 113 4 City of Eden Prairie, Minnesota For the Year Ended December 31, 2024 Notes to Required Supplemental Information Notes to Schedule of Changes in Net Pension Liabilities and Related Ratios ........................... 114 Combining Fund Statements Combining Balance Sheet – Nonmajor Governmental Funds ......................................................... 130 Combining Statement of Revenues, Expenditures and Changes in Fund Balances – Nonmajor Governmental Funds ........................................................................... 138 Combining Statement of Net Position – Internal Service Funds .................................................... 148 Combining Statement of Revenues, Expenses and Changes in Net Position – Internal Service Funds .................................................................................................. 150 Combining Statement of Cash Flows – Internal Service Funds ...................................................... 152 Combining Statement of Fiduciary Net Position ................................................................................ 157 Combining Statement of Changes in Fiduciary Net Position .......................................................... 158 Statistical Section Government-wide Net Position by Category ......................................................................................... 161 Changes in Net Position - Total................................................................................................................... 162 Changes in Net Position – Governmental Activities ........................................................................... 163 Changes in Net Position – Business-type Activities ............................................................................ 164 Fund Balances – Governmental Funds .................................................................................................... 165 Changes in Fund Balances – Governmental Funds ............................................................................. 166 Assessed/Tax Capacity Value and Estimated Market Value of Property ................................... 167 Direct and Overlapping Property Tax Rates .......................................................................................... 168 Principal Property Taxpayers ..................................................................................................................... 169 Property Tax Levies and Collections ........................................................................................................ 170 Legal Debt Margin ............................................................................................................................................ 171 Ratios of Outstanding Debt by Type ......................................................................................................... 172 Ratios of General Bonded Debt Outstanding ......................................................................................... 173 Computation of Direct and Overlapping Bonded Debt ..................................................................... 174 Demographic and Economic Statistics .................................................................................................... 175 Principal Employers........................................................................................................................................ 176 Employees by Function ................................................................................................................................. 177 Operating Indicators ....................................................................................................................................... 178 Capital Assets Statistics by Function ........................................................................................................ 179 5 This page is intentionally left blank 6 INTRODUCTORY SECTION 7 April 24, 2025 To the Honorable Mayor, Members of the City Council and the Citizens of the City of Eden Prairie: The annual comprehensive financial report of the City of Eden Prairie, Minnesota, for the year ended December 31, 2024, is hereby submitted. The report was prepared in accordance with accounting principles generally accepted in the United States of America (GAAP) as established by the Governmental Accounting Standards Board and meets the requirements of the State Auditor’s Office. The report consists of management’s representations concerning the finances of the City. Consequently, management assumes full responsibility for the completeness and reliability of all information presented within this report. To provide a reasonable basis for making these representations, management of the City has established internal controls designed to protect the City’s assets from loss, theft or misuse and to provide sufficient information for the preparation of these financial statements in conformity with GAAP. Because the cost of internal controls should not outweigh the benefits, the City’s internal controls have been designed to provide reasonable rather than absolute assurance that the financial statements will be free from material misstatements. As management, we assert that to the best of our knowledge and belief this financial report is complete and reliable in all material respects. The City’s financial statements have been audited by BerganKDV, Ltd, Certified Public Accountants. The goal of the independent audit was to provide reasonable assurance that the financial statements of the City for the year ended December 31, 2024, are free of material misstatement. The independent audit involved examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates used by management; and evaluating the overall financial statement presentation. Based upon the audit, the independent auditor concluded that there was reasonable basis for rendering an unmodified opinion that the City’s financial statements, for the year ended December 31, 2024, are fairly presented in conformity with GAAP. The independent auditors’ report is present in the financial section of this report. GAAP requires that management provide a narrative introduction, overview, and analysis to accompany the basic financial statements in the form of Management’s Discussion and Analysis (MD&A). This letter of transmittal is designed to complement the MD&A and should be read in conjunction with it. The City’s MD&A can be found in the financial section of this report immediately following the report of the independent auditors. 8 City Profile Eden Prairie is a suburban community of 64,600 people located in the southwest corner of Hennepin County in a setting of rolling hills and picturesque lakes and creeks. Eden Prairie has a convenient location, a comprehensive system of highways, and is a short distance from downtown Minneapolis and St. Paul and the Minneapolis-St. Paul International Airport. Incorporated in 1974 as a city, the City of Eden Prairie operates under a Statutory Plan B form of government. Policymaking and legislative authorities are vested in the governing council, which consists of a mayor and a four-member council. The governing council is responsible, among other things, for passing ordinances, adopting the budget, appointing committees and hiring the government's manager and attorney. The council is elected on a nonpartisan basis. The mayor and council members are elected to four-year staggered terms. The City Manager is responsible for carrying out the policies and ordinances of the governing council, for overseeing the day-to-day operations of the government, and to assign appropriate responsibility and authority to City staff for the efficient and effective delivery of City services. With a staff of around 289 regular, full-time equivalent employees, the City provides its residents and businesses with a full range of municipal services consisting of police and fire protection, street maintenance, recreation programs, park maintenance, community and economic development, building inspections, and water, wastewater and storm water services. The City is also financially accountable for the Housing and Redevelopment Authority (HRA), which is included in the City’s financial statements as a blended component unit. Additional information on the HRA is located in Note 1 in the notes to the financial statements. The biennial budget serves as the foundation for the City’s financial planning and control. Departments submit budget requests to Finance in May and the City Manager presents the proposed budget to the City Council for review prior to September 30th of each year. A budget workshop is usually held with the City Council in June or July. The City Council holds a public meeting on the proposed budget and adopts the final budget in December each year. The City does not budget for governmental funds other than the General fund. During the first year of the two-year budget process, both years’ budgets are developed and the City Council adopts the first year’s budget. During the second year of the two-year budget process, budget work is minimized. Staff updates the budget for any significant budget developments and the council then reviews and adopts the second year budget. The budget is prepared by department and division. The City’s directors and division managers may make transfers of appropriations within a division. Transfers of appropriations between departments require the approval of the City Manager. Any changes in the total budget must be approved by the City Council. 9 Economic Conditions and Outlook Eden Prairie is a suburban community located in the southwest corner of the Minneapolis/St. Paul Metropolitan area. With the last update of the comprehensive plan and the trend towards condensed multi-family housing along the LRT corridor and other multi-family projects in other locations within the City, it is expected that Eden Prairie’s population will grow to 82,400 by 2040 an increase of 28% from 2024. Below summarizes the City’s market value since 2016. The City’s tax base increased from $13.4 billion to $14.4 billion from 2023 to 2024. In 2025, the market value increased slightly to $14.5 billion. The real estate market has leveled off. For 2024, the market value for the median value home increased by 4.5%, commercial increased by 3% and apartments increased by 3.9%. Eden Prairie’s unemployment rate is 2.6%, which is less than the State rate of 3.4% and the Federal rate of 4.1%. We had another strong year in licenses and permits, and Inspections issued permits with a value of $160,523,925. The City had 3 new commercial/industrial buildings and 36 new single family/townhome. The valuations of the new commercial buildings ranged from $1,500,000 to $5,000,000. Eden Prairie serves as the corporate headquarters location for many national and international businesses including CH Robinson World Wide, Tennant Company, Optum, Winnebago Industries Inc, Starkey Hearing, MTS Corporation, Arctic Wolf, and hundreds of other small and mid-size companies headquartered in multi-tenant office buildings located throughout the City. 10 Eden Prairie also has key locations for retailing including the City’s mall which has approximately 1.5 million square feet of shopping. The mall is part of the City’s “Major Center Area” or downtown. Stores include a 160,000 square foot Von Maur Department Store, Scheels, a Barnes and Noble Bookstore, an 18-screen AMC Movie Theater, and numerous restaurants. Due to its strong and healthy local economy, Moody’s Investors Service has assigned a rating of Aaa to the City of Eden Prairie’s (MN) bond for every debt issue since 2003, the highest rating from Moody’s. Standard & Poor’s has also assigned a rating of AAA to the City of Eden Prairie’s bonds outstanding, their highest rating as well. This ensures the City receives the most competitive interest rates. The City’s bond ratings reflect Eden Prairie’s large, growing Twin Cities suburb, strong management, robust financial position and modest leverage. Long-term Financial Planning The City has implemented various financial policies to guide the Council and staff when making financial decisions. This helps to ensure the long-term stability and flexibility of City finances and operations. These policies include the following: •The original budget should be balanced with revenues equal to expenditures, •One-time revenues will be used for one-time expenditures, •The City will maintain fund balance for working capital in the general fund at 50%of the next year’s budgeted tax revenue, •The City will also maintain 10% of the next year’s budget in fund balance for budgetstabilization and 5% of the next year’s budget for budget balancing in the generalfund, •The City will confine long-term debt to capital improvements or projects that cannotbe financed from current revenues, and •The City will maintain a ten-year capital improvement plan to provide for capitalasset acquisition, maintenance, replacement, and retirement.The City has consistently followed our financial policies. Major Initiatives Electrify Everything MN The cities of Eden Prairie, Edina, and St. Louis Park are partnering on a residential electrification campaign in 2023 and 2024 called Electrify Everything MN to meet our respective Climate Action Plan (CAP) goals around fuel switching. Eden Prairie’s CAP includes a goal that 17% of households have switched from being served by natural gas for space and water heating to electricity by 2030, 55% of households by 2040, and 97% of households by 2050. Actions identified to encourage fuel switching include: •Promoting building efficiency to reduce up-front costs of electrification •Explore incentives to promote fuel switching 11 Police Remodel The Police Department has outgrown its current space and needs a facility that will be adaptable to accommodate the department’s growth and operational changes for the next 20 years. Two tenants of City Hall decided to not renew their leases and this left an opportunity for the City to expand the Police department in their vacant spot. The new space will; maintain or enhance the level of service that the police department provides to the community; be a leading example of the City's sustainable approaches; create a facility where the community feels welcome and encourages interaction with the public; better organize and enhance safety and security within detention and evidence intake/ processing/storage; enclose vehicle storage for entire fleet, including training vehicles; and allow for better wayfinding throughout the building, to enhance a more welcoming public environment. Construction is anticipated to start in April 2025, with the project costing $26.5M. The project will be funded by the G.O. Capital Improvement Bonds that were issued on February 18, 2025. Miller Park Court Complex The athletic courts at Miller Park have reached the end of their useful life and needed to be replaced. The project will replace the existing outdoor tennis and basketball courts with an outdoor court complex that will provide residents a facility for lit tennis, pickleball, and basketball courts along with adjacent shaded seating areas. Fire Study During 2024 the Fire department contracted for an analysis of Fire Services Standards of Cover and Staffing to evaluate the current fire service delivery and provide recommendations for successful high quality service delivery into the future. The Eden Prairie Fire Department is made up of a combination model consisting of both full and part-time firefighters. Based on the study, over the next several years the City will increase the number of full-time staff to allow for all four fire stations to be staffed 24/7/365. Community Development Strategic Plan Updates Starting in 2024, metropolitan governments in the metro area began receiving Local Affordable Housing Aid (LAHA) to assist in providing affordable and supportive housing. These funds were authorized by the State Legislature in 2023 and are funded through a new dedicated sales tax in the seven-county metro area. The City will receive twice annual allocations that must be spent within 4 years of receipt to support affordable housing programs and initiatives. 12 In 2024, staff prepared a spending plan that would allocate how those funds will be spent in 2025 to strengthen the City’s First Time Homebuyer (FTHB) and housing rehab programs, provide additional funds for rental assistance through our community partners, and create a new program supporting first generation first time homebuyers. LAHA has been added as a funding source for the Housing Rehabilitation Loans program and the First Time Home-buyers program. In January 2025 the updated Strategic Plan was brought to Council for approval. Certificate of Achievement The Government Finance Officers Association of the United States and Canada (GFOA) awarded a Certificate of Achievement for Excellence in Financial Reporting to the City of Eden Prairie for its Annual Comprehensive Financial Report for the fiscal year ended December 31, 2023. The Certificate of Achievement is a prestigious national award-recognizing conformance with the highest standards for preparation of state and local government financial reports. In order to be awarded a Certificate of Achievement, a government unit must publish an easily readable and efficiently organized annual comprehensive financial report whose contents conform to program standards. Such annual comprehensive financial report must satisfy both generally accepted accounting principles and applicable legal requirements. A Certificate of Achievement is valid for a period of one year. The City of Eden Prairie has received a Certificate of Achievement every year since 1990. We believe our current report continues to conform to the Certificate of Achievement program requirements, and we are submitting it to GFOA. In addition, the Government Finance Officers Association of the United States and Canada (GFOA) presented the Distinguished Budget Presentation award to the City of Eden Prairie for its Two Year Budget for the fiscal years beginning January 1, 2024 and 2025. In order to receive this award, a government unit must publish a budget document that meets program criteria as a policy document, as an operations guide, as a financial plan and a communications device. The award is valid for a period of two years only. The City of Eden Prairie has received a Distinguished Budget Presentation award for every budget since 1998. Also, the Government Finance Officers Association of the United States and Canada (GFOA) has given an Award for Outstanding Achievement in Popular Annual Financial Reporting to the City of Eden Prairie for its Popular Annual Financial Report for the fiscal year ended December 31, 2023. The Award for Outstanding Achievement in Popular Annual Financial Reporting is a national award recognizing conformance with the highest standards for preparation of state and local government financial reports. In order to receive an Award for Outstanding Achievement in Popular Annual Financial Reporting, a government unit must publish a Popular Annual Financial Report, whose contents conform to program standards of creativity, presentation, understandability, and reader appeal. An Award for Outstanding Achievement in Popular Annual Financial Reporting is valid for a period of one year only. The City of Eden Prairie has received the award annually since 1998. We believe 13 our current report continues to conform to the Popular Annual Financial Reporting requirements, and we are submitting it to GFOA. Acknowledgements We would like to thank the Mayor and Council Members for their continued support in planning and conducting the financial operations of the City in a responsible and progressive manner. We would also like to express our appreciation to the employees of the Finance Division for their contribution to the preparation of this report. Respectfully submitted, Rick Getschow Tammy Wilson City Manager Chief Financial Officer 14 Government Finance Officers Association Certificate of Achievement for Excellence in Financial Reporting Presented to City of Eden Prairie Minnesota For its Annual ComprehensiveFinancial Report For the Fiscal Year Ended December 31, 2023 Executive Director/CEO 15 City of Eden Prairie, Minnesota For the Year Ended December 31, 2024 City Council City Manager Administration Administrative Services City Clerk Facilities Human Resources & Support Services Information Technology Communications Finance & Liquor Operations Community Development Assessing Economic Development Housing & Community Services Planning Public Works Engineering Fleet Services Streets Maintenance Utilities Police Investigations Patrol Support Fire Building Inspections Fire Prevention Fire Suppresion Parks & Recreation Community Center Parks & Natural Resources Recreation Services 16 City of Eden Prairie, Minnesota For the Year Ended December 31, 2024 Principal Officials Elected Officials: Mayor (Term expiration 12/31/26) Ron Case Council Member (Term expiration 12/31/26) Mark Freiberg Council Member (Term Expiration 12/31/24) PG Narayanan Council Member (Term expiration 12/31/26) Kathy Nelson Council Member (Term expiration 12/31/24) Lisa Toomey Appointed Officials: City Manager Rick Getschow City Attorney Maggie Neuville Departments: Chief of Police Matt Sackett Community Development Director Julie Klima Fire Chief Scott Gerber Parks and Recreation Director Amy Markle Public Works Director Robert Ellis 17 This page is intentionally left blank 18 FINANCIAL SECTION 19 Independent Auditor's Report Honorable Mayor and Members of the City Council City of Eden Prairie Eden Prairie, Minnesota Report on the Audit of the Financial Statements Opinions We have audited the financial statements of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of the City of Eden Prairie, Minnesota, as of and for the year ended December 31, 2024, and the related notes to the basic financial statements, which collectively comprise City's basic financial statements as listed in the Table of Contents. In our opinion, the accompanying financial statements present fairly, in all material respects, the respective financial position of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of the City of Eden Prairie, Minnesota, as of December 31, 2024, and the respective changes in financial position and, where applicable, cash flows 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. Basis for Opinions We conducted our audit in accordance with auditing standards generally accepted in the United States of America (GAAS) and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Our responsibilities under those standards are further described in the Auditor's Responsibilities for the Audit of the Financial Statements section of our report. We are required to be independent of the City of Eden Prairie and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements relating to our audit. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions. Report on Summarized Comparative Information We have previously audited the City's 2023 financial statements of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information, and we expressed unmodified opinions on those financial statements in our report dated April 22, 2024. In our opinion, the summarized comparative information presented herein as of and for the year ended December 31, 2023, is consistent, in all material respects, with the audited financial statements from which it has been derived. 20 Responsibilities of Management for the Financial Statements The City of Eden Prairie's management is responsible for the preparation and fair presentation of the financial statements in accordance with accounting principles generally accepted in the United States of America, and for 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. In preparing the financial statements, management is required to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the City of Eden Prairie's ability to continue as a going concern for twelve months beyond the financial statement date, including any currently known information that may raise substantial doubt shortly thereafter. Auditor's Responsibilities for the Audit of the Financial Statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinions. Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with GAAS and Government Auditing Standards will always detect a material misstatement when it exists. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Misstatements are considered material if there is a substantial likelihood that, individually or in the aggregate, they would influence the judgment made by a reasonable user based on the financial statements. In performing an audit in accordance with GAAS and Government Auditing Standards, we: •Exercise professional judgment and maintain professional skepticism throughout the audit. •Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. •Obtain an understanding of internal control relevant to the audit 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 City's internal control. Accordingly, no such opinion is expressed. •Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the financial statements. •Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about the City's ability to continue as a going concern for a reasonable period of time. We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and certain internal control–related matters that we identified during the audit. 21 Required Supplementary Information Accounting principles generally accepted in the United States of America require that the Management's Discussion and Analysis, which follows this report letter, and Required Supplementary Information as listed in the Table of Contents be presented to supplement the basic financial statements. Such information is the responsibility of management and, 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. We have applied certain limited procedures to the Required Supplementary Information in accordance with auditing standards generally accepted in the United States of America, which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management's responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance. Supplementary Information Our audit was conducted for the purpose of forming opinions on the financial statements that collectively comprise the City of Eden Prairie's basic financial statements. The accompanying supplementary information identified in the Table of Contents is presented for purposes of additional analysis and are not a required part of the basic financial statements. Such information is the responsibility of management and was derived from and relates directly to the underlying accounting and other records used to prepare the basic financial statements. The information has been subjected to the auditing procedures applied in the audit of the basic financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the basic financial statements or to the basic financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the accompanying supplementary information is fairly stated, in all material respects, in relation to the basic financial statements as a whole. Other Information Management is responsible for the other information included in the Annual Comprehensive Financial Report. The other information comprises the introductory and statistical sections but does not include the basic financial statements and our auditor's report thereon. Our opinions on the basic financial statements do not cover the other information, and we do not express an opinion or any form of assurance thereon. In connection with our audit of the basic financial statements, our responsibility is to read the other information and consider whether a material inconsistency exists between the other information and the basic financial statements, or the other information otherwise appears to be materially misstated. If, based on the work performed, we conclude that an uncorrected material misstatement of the other information exists, we are required to describe it in our report. 22 Other Reporting Required by Government Auditing Standards In accordance with Government Auditing Standards, we have also issued our report dated April 24, 2025, on our consideration of the City of Eden Prairie's internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements and other matters. The purpose of that report is solely 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 the effectiveness of 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 City of Eden Prairie's internal control over financial reporting and compliance. St. Cloud, Minnesota April 24, 2025 23 City of Eden Prairie, Minnesota Management’s Discussion and Analysis As management of the City of Eden Prairie, this section of the City’s annual comprehensive financial report presents a discussion and analysis of the City’s financial activities during the fiscal year ended December 31, 2024. This discussion and analysis should be read in conjunction with the transmittal letter in the introductory section of this report. Financial Highlights The City as a Whole •The assets and deferred outflow of resources of the City exceeded liabilities and deferredinflow of resources by $458,930,509. Of this amount, $115,434,810 (unrestricted net position)may be used to meet the City’s ongoing obligations to citizens and creditors, $326,251,554 isinvested in capital assets, and $17,244,145 is restricted. •The City’s total net position increased by $10,022,667 or 2.2%. Key factors in this increasewere positive General Fund results, change in net pension liability, and increased license andpermit revenue. The City was able to transfer positive General Fund results to the CapitalImprovement and Maintenance Fund as one-time revenue to support the Capital ImprovementPlan and Health and Benefits Fund. •The City had a correction of an error in the amount of $313,049 due to infrastructure assetsrelated to a new development that were contributed by a private developer in the prior yearthat were not reported. Therefore, capital assets were understated by ($313,049) and water,wastewater and storm revenue from contributions were understated by ($313,049) for theyear ended December 31, 2024. •The City’s total long-term liabilities decreased by ($11,516,662) or (18.75%) in comparisonwith the prior year. Contributing to the overall decrease was a decrease in the net pensionliability of ($7.8M) and Other Post Employment Benefits Liability of ($236k). Additionally,there was a decrease in bonds payable of ($3.3M) for the current year retirement of debt. Using This Annual Report This annual report consists of a series of financial statements. The Statement of Net Position and the Statement of Activities provide information about the activities of the City as a whole and present a longer-term view of the City’s finances. For governmental activities, the fund financial statements tell how these services were financed in the short term as well as what remains for future spending. Fund financial statements also report the City’s operations in more detail than the government-wide statements by providing information about the City’s most significant funds. The remaining statements provide financial information about activities for which the City acts solely as a trustee or agent for the benefit of those outside of the government. 24 City of Eden Prairie, Minnesota Management’s Discussion and Analysis Reporting the City as a Whole The Statement of Net Position and the Statement of Activities One of the most important questions asked about the City’s finances is “Is the City as a whole better off or worse off as a result of the year’s activities?” The Statement of Net Position and the Statement of Activities report information about the City as a whole and about its activities in a way that helps answer this question. These statements include all assets, deferred outflows of resources, liabilities and deferred inflows of resources using the accrual basis of accounting, which is similar to the accounting used by most private-sector companies. All of the current year’s revenues and expenses are taken into account regardless of when cash is received or paid. These two statements report the City’s net position and changes in them. You can think of the City’s net position – the difference between assets, deferred outflows of resources, liabilities, and deferred inflows of resources – as one way to measure the City’s financial health, or financial position. Over time, increases or decreases in the City’s net position is one indicator of whether its financial health is improving or deteriorating. You will need to consider other nonfinancial factors, however, such as changes in the City’s property tax base and the condition of the City’s roads, to assess the overall health of the City. In the Statement of Net Position and the Statement of Activities, we divide the City into two kinds of activities: • Governmental Activities – Most of the City’s basic services are reported here, including general government, public safety, public works, and parks and recreation. Property taxes, charges for services, and capital grants and contributions finance most of these activities. • Business-type Activities – The City charges a fee to customers to help it cover all or most of the cost of certain services it provides. The City’s utility system (Water, Wastewater and Stormwater Funds) and liquor operations are reported here. Reporting the City’s Most Significant Funds Fund Financial Statements The fund financial statements provide detailed information about the most significant funds – not the City as a whole. Some funds are required to be established by State law and by bond covenants. However, the City Council establishes many other funds to help it control and manage money for particular purposes or to show that it is meeting legal responsibilities for using certain grants and other money. The City’s two kinds of funds – governmental and proprietary – use different accounting approaches. • Governmental funds – Most of the City’s basic services are reported in governmental funds, which focus on how money flows into and out of those funds and the balances left at year-end that are available for spending. These funds are reported using an accounting method called modified accrual accounting, which measures cash and all other financial assets that can 25 City of Eden Prairie, Minnesota Management’s Discussion and Analysis readily be converted to cash. The governmental fund statements provide a detailed short-term view of the City’s general government operations and the basic services it provides. Governmental fund information helps to determine whether there are more or fewer financial resources that can be spent in the near future to finance the City’s programs. We describe the relationship between governmental activities (reported in the Statement of Net Position and the Statement of Activities) and governmental funds in a reconciliation provided after the fund financial statements. •Proprietary funds – When the City charges customers for the services it provides – theseservices are generally reported in proprietary funds. Proprietary funds are reported in thesame way that all activities are reported in the Statement of Net Position and the Statement ofActivities.The City of Eden Prairie maintains two different types of proprietary funds. •Enterprise funds are the same as the business-type activities reported in the government-wide statements but provide more detail and additional information, such as cash flows. •Internal service funds are an accounting device used to accumulate and allocate costsinternally among the City’s various functions. The City uses internal service funds toaccount for activities pertaining to employee benefits, workers compensation, personaltime off accruals, property insurance, facilities, fleet services, and information technology. The City as Trustee Reporting the City’s Fiduciary Responsibilities All of the City’s fiduciary activities are reported in a separate Statement of Fiduciary Net Position and Statement of Changes in Fiduciary Net Position. The City is fiduciary for resources collected and owed to others including developers and governmental agencies. We exclude these activities from the City’s other financial statements because the City cannot use these assets to finance operations. The City is responsible for ensuring that the assets reported in these funds are used for their intended purposes. The accounting used for fiduciary funds is much like that used for proprietary funds. The City as a Whole The City’s combined net position increased from $448,907,842 to $458,930,509 and maintained its financial position. A large part of this increase was due to positive performance in the General and Liquor funds. The General Fund had positive performance in licenses and permits, property tax revenue, charges for services, and investment income, which allowed the General fund to transfer $2,971,818 to the Capital Improvement Maintenance Fund and $500,000 to the Health & Benefits Fund. Positive performance in the Liquor funds resulted in a transfer of $750,000 to the Capital Improvement Maintenance fund. The City also saw a decrease of ($4.0.M) in their pension costs. 26 City of Eden Prairie, Minnesota Management’s Discussion and Analysis By far the largest portion of the City of Eden Prairie’s net position, $326,251,554 (approximately 71%) reflects its investment in capital assets (e.g. land, buildings, machinery, and equipment) less any related debt used to acquire those assets that is still outstanding. The City of Eden Prairie uses these capital assets to provide services to citizens; consequently, these assets are not available for future spending. Although the City’s investment in its capital assets is reported net of related debt, the resources needed to repay this debt must be provided from other sources, since the capital assets themselves cannot be used to liquidate these liabilities. An additional portion of the City’s net position $17,244,145 (approximately 4%), represents resources that are subject to external restrictions on how they may be used. The remaining balance of unrestricted net position, $115,434,810 (approximately 25%), may be used to meet the City’s ongoing obligations to citizens and creditors. At the end of the current fiscal year, the City is able to report positive balances in all of the categories of net position reported for the government as a whole. The following schedule provides a summary of the City’s net position as of December 31, 2024 (in thousands): Key elements of these changes are shown on the following page. 2024 2023 2024 2023 2024 2023 Current and Other Assets 126,772$ 119,343$ 49,613$ 48,460$ 176,385$ 167,803$ Capital Assets 238,789 237,603 113,273 114,358 352,062 351,961 Total Assets 365,561 356,946 162,886 162,818 528,447 519,764 Deferred Outflows 19,366 25,643 477 917 19,843 26,560 Total Assets and Deferred Outflows 384,927 382,589 163,363 163,735 548,290 546,324 Long-Term Liabilities Outstanding 36,215 45,701 13,676 15,708 49,891 61,409 Other Liabilities 8,487 6,064 1,326 1,912 9,813 7,976 Total Liabilities 44,702 51,765 15,002 17,620 59,704 69,385 Deferred Inflows 27,600 26,757 2,055 1,588 29,655 28,345 Total Liabilities and Deferred Inflows 72,302 78,522 17,057 19,208 89,359 97,730 Invested in Capital Assets 223,452 219,430 102,800 103,038 326,252 322,468 Restricted 17,244 17,983 - - 17,244 17,983 Unrestricted 71,929 66,654 43,506 41,489 115,435 108,143 Total Net Position 312,625$ 304,067$ 146,306$ 144,527$ 458,931$ 448,594$ Governmental Activities Business-Type activities Total 27 City of Eden Prairie, Minnesota Management’s Discussion and Analysis 2024 2023 2024 2023 2024 2023Revenues: Program Revenues Charges for Services 13,266$ 13,009$ 33,759$ 35,505$ 47,025$ 48,514$ Operating Grants and Contributions 3,955 3,228 44 45 3,999 3,273 Capital Grants and Contributions 10,507 10,589 1,655 2,358 12,162 12,947 General Revenues Property Taxes 46,916 44,020 - - 46,916 44,020 Tax Increment 3,448 2,577 - - 3,448 2,577 Gain on sale of Capital Assets 462 167 - 3 462 170 Grants and Contributions 608 565 34 117 642 682 Investment Income 4,012 4,005 1,773 1,841 5,785 5,846 Total Revenues 83,174 78,160 37,265 39,869 120,439 118,029 Expenses: Administration 5,490 5,819 - - 5,490 5,819 Community Development 6,525 5,762 - - 6,525 5,762 Police 20,357 20,135 - - 20,357 20,135 Fire 7,022 7,372 - - 7,022 7,372 Public Works 17,135 13,712 - - 17,135 13,712 Parks and Recreation 18,905 17,801 - - 18,905 17,801 Interest on Long Term Debt 295 360 - - 295 360 Water - - 11,973 13,276 11,973 13,276 Wastewater - - 8,385 7,692 8,385 7,692 Stormwater - - 3,278 3,268 3,278 3,268 Liquor - - 11,050 11,288 11,050 11,288 Total Expenses 75,729 70,961 34,686 35,524 110,415 106,485 Changes in Net Position Before Transfers 7,445 7,199 2,579 4,345 10,024 11,544 Internal Transfers 1,113 1,748 (1,113) (1,748) - - Change in Net Position 8,558 8,947 1,466 2,597 10,024 11,544 Net Position - Beginning 304,067 294,171 144,527 138,409 448,594 432,580 Correction of an Error as Restated - 949 313 3,521 313 4,470 Net Position - Beginning Restated 304,067 295,120 144,840 141,930 448,907 437,050 Net Position, December 31 312,625$ 304,067$ 146,306$ 144,527$ 458,931$ 448,594$ Business-Type activities TotalGovernmental Activities 28 City of Eden Prairie, Minnesota Management’s Discussion and Analysis Governmental Activities Revenue by Source •For the year, property taxes totaled $46,916,130 which is an increase of $2,896,376 or6.6% from 2023. For 2024, the City budgeted for a 5.7% increase in property taxes. Theincrease in taxes was more than what was budgeted due to a higher tax collection rate thananticipated. •Charges for services increased by $256,978 or 2.0% from 2023 due mainly to increasedpermit fee revenue from companies installing fiber optics throughout the City. •Operating grants and contributions increased from 2023 by $727,300 due primarily to$268,673 of Local Affordable Housing Aid received for the first time in 2024 and SchoolLiaison contributions of $368,500. •Capital grants and contributions decreased in 2024 by ($82,102) due primarily to $2.8M inone-time Public Safety Aid received in 2023. This was offset by an increase in franchisefees late in 2023. •Expenses for Public Works increased by $3.4M or 25% due to increased rehab work onroads within the City and also due to major reconstruction of Prairie Center Drive. •Expenses for Park and Recreation increased by $1.1M or 6% due to increased wages andbenefits and program costs. 29 City of Eden Prairie, Minnesota Management’s Discussion and Analysis Expenses by Program 30 City of Eden Prairie, Minnesota Management’s Discussion and Analysis Business-type Activities For the business-type activities, charges for services accounts for 90.6% of revenues. The Water Fund, Wastewater Fund and Stormwater Fund had a change to net position of ($288,150), $519,719 and $1,019,382. The Water fund’s decrease in net position is mainly due to an (11%) reduction in Investment Income and a (33%) reduction in operating income due to higher-than-normal precipitation in April through August 2024 which led to lower-than-normal consumption and gallons pumped. The Wastewater Fund’s increased net position is due to an increase in rates and fewer projects in 2024. The Stormwater Fund’s increased net position is due to a rate increase and fewer projects in 2024. The Liquor operations had a positive change in net position of $307,265. This was after the $750,000 that was transferred to the Capital Improvement Fund. 31 City of Eden Prairie, Minnesota Management’s Discussion and Analysis The City’s Funds The General fund is the chief operating fund of the City of Eden Prairie. Fund balance increased by $105,836. The City was able to maintain balances in accordance with its fund balance policy. Non-spendable Balances The balances classified as non-spendable consist of balances that are not in spendable form, such as prepaid assets. Restricted Balances The balances classified as restricted consist of balances related to externally imposed constraints established by creditors, grantors/contributors, or state statutory provisions. Unassigned Balances The unassigned fund balance consists of the residual classification for the general fund. The City maintained an unassigned fund balance in accordance with the City’s fund balance policy. Other Major Funds The Public Improvement Construction fund balance increased by $180,188 in 2024. Revenue of $98,468 was collected which consisted of special assessments and intergovernmental revenue. $200,000 other revenue pertains to landscaping work that was invoiced to the county. Construction costs include the Prairie Center Drive and Singletree Lane intersection, the West 70th St. East Segment project, and the CSAH 61 Landscaping project. There were also transfers in of $1,010,000 for the West 70th St. East Segment project and $55,514 for the Prairie Center Drive & Singletree Lane intersection project. The Capital Improvement Maintenance fund balance increased by $1,633,711 in 2024 due mainly to Investment Income as a result of higher interest rates compared to previous years. Revenue of $2,602,911 was collected which consisted mainly of general property taxes, building rental income, intergovernmental revenue and investment income. Expenditures for the year include the trail maintenance, hard court resurface, Richard T. Anderson conservation area, and the police remodel. Transfers in included $3,751,380 which consisted of $750,000 from the Liquor funds and 2024 2023 Difference Fund Balance: Nonspendable $ 105,900 $ 109,576 $ (3,676) Restricted - - - Unassigned 33,716,603 33,607,091 109,512 Total Fund Balance $ 33,822,503 $ 33,716,667 $ 105,836 32 City of Eden Prairie, Minnesota Management’s Discussion and Analysis $2,971,818 from the General fund due to positive operating results. $1,550,000 was transferred out for the Capital Improvement Maintenance’s Fund share of West 70th St. East Segment project and for trail maintenance. The City’s proprietary funds provide the same type of information found in the government-wide financial statements, but in more detail. Water fund sales through December 31, 2024 totaled $9,856,359, which is a decrease of ($1,974,687) or (16.7%) from 2023. Water usage decreased from 2.55 billion gallons to 2.04 billion gallons. The change in sales can be attributed to a decrease in consumption and gallons pumped due to higher-than-normal precipitation in April through August 2024. Wastewater fund sales through December 31, 2024 totaled $7,952,403, which is an increase of $227,064 or 2.9% from 2023. Sewer usage decreased from 1.35 billion gallons to 1.34 billion gallons. The change in sales can be attributed to an increase in rates offset by a decrease in consumption. Stormwater fund sales through December 31, 2024 totaled $3,983,024 which is an increase of $103,437 or 2.7% from 2023. The sales increase is due to an increase in rates. Liquor sales totaled $11,967,286 which is a decrease of ($101,729) or (.8%) over 2023. The operation continues to provide value to customers and maintain customer loyalty and was able to transfer profits of $750,000 to the Capital Improvement Maintenance Fund. Budgetary Highlights The net change in fund balance to the General fund was $105,836. Revenues of $59,838,216 were recorded which is $3,789,964 more than budgeted. Property tax revenue, licenses and permits and intergovernmental revenue performed better than expected. Charges for services performed better than budget due to the increase in community center memberships and youth programs after the effects of COVID in the past couple years. Investment Income also performed better than budget due to the higher interest rates than in previous years. Total expenditures equaled $56,734,365 or 98.6% of the budget. All departments spent less than 100% of the amounts budgeted except Police. Police was over budget due mainly to overtime from open positions and from extra events which occurred within the City. Due to the positive General Fund performance, $2,971,818 was transferred to the Capital Improvement and Maintenance Fund and $500,000 to the Health and Benefits Fund. 33 City of Eden Prairie, Minnesota Management’s Discussion and Analysis Capital Assets and Debt Administration Capital Assets At the end of 2024, the city had $352 million invested in capital assets. Major capital assets added during the current fiscal year by fund include the following. Capital Assets (net of depreciation/amortization, in thousands) The City has chosen to maintain infrastructure using the modified approach. This means the City does not depreciate the cost of infrastructure but maintains the system at a “very good condition” level or higher. Additional information on the modified approach can be found in Note 1 of this report and additional information on the City’s capital assets can be found in Note 4 of this report. The City’s policy is to maintain an average citywide pavement condition index rating of very good or better (greater than 70) for all streets and trails and to have 90% of streets categorized as fair or better (greater than 40). In the summer of 2022, the City conducted a physical condition assessment. This assessment will be performed every three years. As of December 31, 2022, the 2024 Fund Project Name Additions Fleet Capital Vehicle and Equipment Replacements 2,340,324$ Water Capital Water Meter Replacements 1,140,219 Wastewater Capital Lift Station Rehab 1,126,709 Park Improvement Miller Park Courts 1,098,592 Water Capital Wellhouse 5 Demo & Rebuild 812,342 Improvement Projects W 70th Improvements 507,647 Total 7,025,833$ 2024 2023 2024 2023 2024 2023 Land & Land Improv.33,190$ 33,441$ 1,449$ 1,477$ 34,639$ 34,918$ Infrastructure 144,792 143,128 - - 144,792 143,128 Work in Progress 3,946 6,198 - 1,582 3,946 7,780 Distribution System - - 83,845 82,457 83,845 82,457 Buildings 44,176 42,847 17,266 18,426 61,442 61,273 Lease Asset - Building - - 890 1,084 890 1,084 Lease Asset - Equipment 49 74 - - 49 74 Subscription Assets 728 888 - - 728 888 Leasehold Improvements - - - - - - Machinery & Equipment 2,099 1,807 8,814 8,226 10,913 10,033 Autos 5,564 4,777 177 208 5,741 4,985 Other Assets 4,245 4,443 832 898 5,077 5,341 Total 238,789$ 237,603$ 113,273$ 114,358$ 352,062$ 351,961$ Governmental Activities Business-type Activities Total 34 City of Eden Prairie, Minnesota Management’s Discussion and Analysis City’s infrastructure system was rated at a Pavement Condition Index (PCI) of 85.3%, which is higher than the City’s policy level. In addition, 98% of roads were categorized as fair or better. The City’s infrastructure is constantly deteriorating resulting from the following factors: (1) traffic using the system; (2) the sun’s ultra-violet rays drying out and breaking down the top layer of pavement; (3) utility company/private development trenching operations; (4) water damage from natural precipitation; and (5) frost heave. The City is continuously taking actions to prolong the life of the system through short-term maintenance activities such as pothole patching, crack sealing, seal coating, and overlaying. The City expended $4,699,229 on infrastructure maintenance for the year ending December 31, 2024. These expenditures delayed deterioration; and, the overall condition of the system was improved through these maintenance expenditures. The City has estimated that the amount of annual expenditures required to maintain the City’s infrastructure at the average PCI rating of very good is approximately $5,000,000. Debt At year-end, the City had approximately $50 million in bonds and other long-term liabilities outstanding compared to $61 million last year. Long term liabilities decreased due to a decrease in the net pension and bonds liability. Refer to Note 10 – Long Term Debt. Economic Factors and Next Year’s Budgets The City’s elected officials consider many factors when adopting the budget and determining fees for service and fees that will be charged for the business-type activities. These factors include service levels, the tax impact on the median value home, commercial/industrial and household growth, and inflation. Currently, the 2025 general fund budgeted appropriations are $59,977,548 which is an increase of $2,456,093 or 4.3% from the 2024 budget. Revenues less expenses for 2025 are ($550,000). The City budgets conservatively and anticipates using positive revenue results to cover any shortfalls. Contacting the City’s Financial Management This financial report is designed to provide a general overview of the City’s finances for those interested in the government’s finances. If you have questions about this report or need additional financial information, contact the Finance Division at City of Eden Prairie, 8080 Mitchell Road, Eden Prairie, MN 55344. 35 This page is intentionally left blank 36 GOVERNMENT -WIDE STATEMENTS 37 City of Eden Prairie, Minnesota Statement of Net Position December 31, 2024 Governmental Business-type Activities Activities Total ASSETS Cash and Investments $105,861,386 $41,726,224 $147,587,610 ReceivablesAccounts (net of allow for uncollectible)3,494,124 3,882,789 7,376,913 Investment Interest 510,717 217,700 728,417 Lease Receivable Interest 30,907 1,495 32,402 Due From Other Governments 4,976,347 949 4,977,296 Unremitted Taxes 218,613 - 218,613 Delinquent Taxes 251,868 - 251,868 Unremitted Special Assessments - 4,009 4,009 Delinquent Special Assessments 1,843 435,629 437,472 Special Assessments 1,308,706 760,447 2,069,153 Unavailable Special Assessments 1,245,770 427,220 1,672,990 Inventory 175,735 1,150,678 1,326,413 Net Pension Asset 2,395,690 - 2,395,690 Prepaid Items 701,588 474,474 1,176,062 Lease Receivable Due Within One Year 451,514 115,580 567,094 Due in More Than One Year 4,339,706 416,436 4,756,142 Land Held for Resale 808,000 - 808,000 Capital Assets Nondepreciable/Nonamortizable Land 22,340,488 1,057,955 23,398,443 Infrastructure 144,791,581 - 144,791,581 Work in Progress 3,945,650 - 3,945,650 Depreciable/Amortizable Buildings, Property and Equipment, Net 67,710,858 112,214,595 179,925,453 Total Assets 365,561,091 162,886,180 528,447,271 DEFERRED OUTFLOWS OF RESOURCES Refunding of Debt 218,575 - 218,575 Other Post Employment Benefits 768,519 58,696 827,215 Pensions 18,379,188 418,013 18,797,201 Total Deferred Outflows of Resources 19,366,282 476,709 19,842,991 Total Assets and Deferred Outflows of Resources 384,927,373 163,362,889 548,290,262 Primary Government The notes to the financial statements are an integral part of this statement 38 City of Eden Prairie, Minnesota Statement of Net Position December 31, 2024 Governmental Business-type Activities Activities TotalLIABILITIES Accounts and Contracts Payable 5,489,127 795,810 6,284,937 Claims Payable 4,715 - 4,715 Salaries Payable 1,423,274 237,464 1,660,738 Investment Interest Payable 7,148 - 7,148 Bond Interest Payable 152,882 74,288 227,170 IT Subscriptions Interest Payable 13,092 - 13,092 Lease Interest Payable 146 2,630 2,776 Due to Other Governments 129,194 207,231 336,425 Unearned Revenue 1,267,367 9,039 1,276,406 Total Other Post Employment Benefits Liability Due Within One Year 59,351 3,237 62,588 Due in More Than One Year 2,488,834 209,351 2,698,185 Net Pension Due in More Than One Year 16,231,237 2,149,555 18,380,792 IT Subscriptions Liabilities Due Within One Year 193,201 - 193,201 Due in More Than One Year 484,255 - 484,255 Lease Liability Payable Due Within One Year 24,423 188,588 213,011 Due in More Than One Year 27,563 782,262 809,825 Bonds Payable Due Within One Year 2,335,000 685,000 3,020,000 Due in More Than One Year 11,375,799 9,197,130 20,572,929 Finance Purchases From Direct Borrowing Due Within One Year 76,180 - 76,180 Due in More Than One Year 157,711 - 157,711 Compensated Absences Due Within One Year 1,342,274 224,199 1,566,473 Due in More Than One Year 1,419,608 237,116 1,656,724 Total Liabilities 44,702,381 15,002,900 59,705,281 DEFERRED INFLOWS OF RESOURCES Other Post Employment Benefits 1,045,924 68,695 1,114,619 Pensions 21,938,097 1,484,145 23,422,242 Deferred Inflows of Resources Related to Lease Receivable 4,615,801 501,810 5,117,611 Total Deferred Inflows of Resources 27,599,822 2,054,650 29,654,472 Total Liabilities and Deferred Inflows 72,302,203 17,057,550 89,359,753 NET POSITION Net Investment in Capital Assets 223,451,959 102,799,595 326,251,554 Restricted for Perpetual Care, Nonexpendable 211,169 - 211,169 Restricted for Perpetual Care, Expendable 41,519 - 41,519 Restricted for Debt Service 3,816,882 - 3,816,882 Restricted for Tax Increment 4,256,219 - 4,256,219 Restricted for Affordable Housing 273,940 - 273,940 Restricted for Fire Relief 4,381,137 - 4,381,137 Restricted for Police 615,123 - 615,123 Restricted for Public Works 672,868 - 672,868 Restricted for Parks and Recreation 2,961,672 - 2,961,672 Restricted for Historical and Cultural 13,616 - 13,616 Unrestricted 71,929,066 43,505,744 115,434,810 Total Net Position $312,625,170 $146,305,339 $458,930,509 Primary Government The notes to the financial statements are an integral part of this statement 39 City of Eden Prairie, Minnesota Statement of Activities For the Year Ended December 31, 2024 Program Revenue Operating Capital Charges for Grants and Grants and Expenses Services Contributions Contributions FUNCTIONS/PROGRAMS Primary Government Governmental Activities Administration $5,490,456 $1,084,650 $15,996 $128,580 Community Development 6,524,721 63,574 733,278 28,941 Police 20,356,541 1,505,310 1,454,023 164,578 Fire 7,022,284 3,487,567 810,335 - Public Works 17,135,064 889,734 643,415 9,503,466 Parks and Recreation 18,904,858 6,235,124 297,709 681,098 Interest on Long Term Debt 295,279 - - - Total Governmental Activities 75,729,203 13,265,959 3,954,756 10,506,663 Business-Type Activities Water 11,973,426 9,856,359 6,830 1,072,837 Wastewater 8,385,221 7,952,403 14,649 472,618 Stormwater 3,278,531 3,983,024 10,361 109,084 Liquor 11,049,919 11,967,286 12,274 - Total Business-Type Activities 34,687,097 33,759,072 44,114 1,654,539 Total Primary Government $110,416,300 $47,025,031 $3,998,870 $12,161,202 General Revenues Taxes Property Taxes, Levied for General Purposes Property Taxes, Levied for Debt Service Tax Increment Gain on Sale of Capital Asset Grants and Contributions Not Restricted to Specific Programs Investment Income Transfers Total General Revenues and Transfers Change in Net Position Net Position - Beginning Restatement for Correction of an Error (See Note 17) Net Position - Beginning Restated Net Position - Ending The notes to the financial statements are an integral part of this statement 40 Net (Expense) Revenue and Changes in Net Position Governmental Business-type Activities Activities Total $(4,261,230) $- $(4,261,230) (5,698,928) - (5,698,928) (17,232,630) - (17,232,630) (2,724,382) - (2,724,382) (6,098,449) - (6,098,449) (11,690,927) - (11,690,927) (295,279) - (295,279) (48,001,825) - (48,001,825) - (1,037,400) (1,037,400) - 54,449 54,449 - 823,938 823,938 - 929,641 929,641 - 770,628 770,628 (48,001,825) 770,628 (47,231,197) 44,534,457 - 44,534,457 2,381,673 - 2,381,673 3,447,728 - 3,447,728 462,110 - 462,110 608,051 34,244 642,295 4,012,276 1,773,325 5,785,601 1,113,297 (1,113,297) - 56,559,592 694,272 57,253,864 8,557,767 1,464,900 10,022,667 304,067,403 144,527,390 448,594,793 - 313,049 313,049 304,067,403 144,840,439 448,907,842 $312,625,170 $146,305,339 $458,930,509 The notes to the financial statements are an integral part of this statement 41 This page is intentionally left blank 42 FUND FINANCIAL STATEMENTS 43 City of Eden Prairie, Minnesota Balance SheetGovernmental FundsDecember 31, 2024 Public Capital Other TotalImprovementImprovementGovernmentalGovernmental General Construction Maintenance Funds Funds ASSETS Cash and Investments $36,752,110 $- $30,610,770 $24,342,276 $91,705,156 ReceivablesAccounts 598,427 - 7,777 1,591,351 2,197,555 Lease Receivable - - 363,786 86,904 450,690 Investment Interest 154,627 - 150,121 135,734 440,482 Lease Receivable Interest - - 28,582 1,840 30,422 Due From Other Governments 334,962 495,326 3,513,390 482,755 4,826,433 Unremitted Taxes 205,475 - 1,867 11,271 218,613 Delinquent Taxes 249,616 - 2,252 - 251,868 Delinquent Special Assessments 1,596 - 247 - 1,843 Unavailable Special Assessments 21,458 56,170 118,020 1,113,058 1,308,706 Special Unavailable Special Assessments - 139,186 51,888 1,054,696 1,245,770 Due From Other Funds - - 240,299 86,890 327,189 Prepaid Items 105,900 - 2,760 - 108,660 Lease Receivable - - 4,116,906 192,378 4,309,284 Land Held for Resale - - - 808,000 808,000 Notes Receivable (net of allow for uncollectible)- - - 1,249,619 1,249,619 Total Assets $38,424,171 $690,682 $39,208,665 $31,156,772 $109,480,290 LIABILITIES Accounts and Contracts Payable $2,296,308 $321,329 $743,504 $1,027,222 $4,388,363 Salaries Payable 1,300,010 - 1,146 9,348 1,310,504 Investment Interest Payable - 4,439 - 275 4,714 Due to Other Governments 85,664 - - 42,299 127,963 Due to Other Funds - 240,299 - 86,890 327,189 Unearned Revenue 505,296 - 247,165 514,211 1,266,672 Total Liabilities 4,187,278 566,067 991,815 1,680,245 7,425,405 DEFERRED INFLOWS OF RESOURCES Deferred Inflow of Resource Related to Lease Receivable - - 4,310,159 277,965 4,588,124 Unavailable Revenue 141,720 266,906 - 590 409,216 Unavailable Revenue - State Shared Taxes - - 3,363,204 - 3,363,204 Unavailable Revenue-Property Taxes 249,616 - 2,252 - 251,868 Unavailable Revenue-Special Assessments 23,054 195,356 170,155 2,167,754 2,556,319 Total Deferred Inflows of Resources 414,390 462,262 7,845,770 2,446,309 11,168,731 FUND BALANCES Nonspendable 105,900 - 2,760 211,169 319,829 Restricted - - - 11,578,551 11,578,551 Assigned - - 30,368,320 15,324,164 45,692,484 Unassigned 33,716,603 (337,647) - (83,666) 33,295,290 Total Fund Balance 33,822,503 (337,647) 30,371,080 27,030,218 90,886,154 Total Liabilities, Deferred Inflows of Resources, and Fund Balance $38,424,171 $690,682 $39,208,665 $31,156,772 $109,480,290 Capital Projects The notes to the financial statements are an integral part of this statement 44 City of Eden Prairie, Minnesota Governmental Funds Reconciliation of the Balance Sheet of Governmental Funds to the Statement of Net Position December 31, 2024 Amounts Reported for Governmental Activities in the Statement of Net Position are Different Because: Total Fund Balance - Governmental Funds $90,886,154 1.Capital assets used in Governmental Activities are not financial resources and therefore are not reported as assets in governmental funds. Cost of Capital Assets 289,043,725 Less Accumulated Depreciation (61,135,180) 2.Long term liabilities, including bonds payable, are not due and payable in the current period and therefore are not reported as liabilities in the funds. Long-term liabilities at year end consist of: Bond Principal Payable Net (13,710,799) Finance Purchases From Direct Borrowing (233,891) Subscription Liablity (39,535) Deferred Gain on Refunding 218,575 3.The City's net pension liability, net pension asset and related deferred outflows and inflows of resources are recorded only on the Statement of Net Position Balances at year end are: Net Pension Asset 2,395,690 Deferred Outflows of Resources related to pensions 18,379,188 Net Pension Liability (16,231,237) Deferred Inflows of Resources related to pensions (21,938,097) 4.Taxes and special assessment receivable will be collected in future years, but are not available soon enough to pay for the current period's expenditures and therefore are deferred in the funds.2,808,187 5.Receivable will be collected in future years, but are not available soon enough to pay for the current period's expenditures and therefore are deferred in the funds.3,772,420 6.Governmental funds do not report a liability for accrued interest on long-term debt until due and payable.(152,882) 7.Internal Service Funds are used by management to charge the costs of employee benefits to individual funds. The assets and liabilities of the Internal Service Fund are included in Governmental Activities in the Statement of Net Position.18,012,481 8.Internal Service Funds are used by management to charge the costs of employee benefits to individual funds. The assets and liabilities of the Internal Service Fund are included in Business-type Activities in the Statement of Net Position.550,371 Net Position - Governmental Activities $312,625,170 The notes to the financial statements are an integral part of this statement 45 City of Eden Prairie, Minnesota Statement of Revenues, Expenditures and Changes in Fund Balances Governmental Funds For the Year Ended December 31, 2024 Public Capital Other TotalImprovementImprovementGovernmentalGovernmental General Construction Maintenance Funds FundsREVENUES General Property Taxes $43,915,350 $- $394,768 $6,038,552 $50,348,670 Special Assessments 10,920 70,048 23,880 399,039 503,887 Penalties and Interest 49,159 - - - 49,159 Licenses and Permits 5,281,350 - - 5,645,127 10,926,477 Intergovernmental Revenue 2,447,428 28,420 331,882 3,746,930 6,554,660 Charges for Services 6,170,291 - - 488,030 6,658,321 Fines and Forfeits 431,247 - - 5,500 436,747 Investment Income 1,177,781 (38,052) 1,203,557 1,119,151 3,462,437 Lease Income - - 127,122 12,757 139,879 Rental - - 518,023 90,028 608,051 Other 354,690 200,000 3,679 730,381 1,288,750 Total Revenues 59,838,216 260,416 2,602,911 18,275,495 80,977,038 EXPENDITURES Current Administration 5,181,572 - 12,998 - 5,194,570 Community Development 2,651,093 - - 3,679,231 6,330,324 Police 19,551,193 - - 293,265 19,844,458 Fire 7,330,295 - 77,133 - 7,407,428 Public Works 6,565,994 - - 64,495 6,630,489 Parks and Recreation 15,354,429 - - 40,002 15,394,431 Capital Outlay Administration - - 139,908 66,946 206,854 Community Development - - - 395,421 395,421 Police - - 1,074,009 - 1,074,009 Fire - - 168,049 - 168,049 Public Works - 1,145,742 243,468 10,589,307 11,978,517 Parks and Recreation - - 1,605,015 1,508,008 3,113,023 Debt Service Principal 92,046 - - 2,568,023 2,660,069 Interest 7,743 - - 398,040 405,783 Fiscal Agent Fees - - - 494 494 Total Expenditures 56,734,365 1,145,742 3,320,580 19,603,232 80,803,919 Excess of Revenues Over (Under) Expenditures 3,103,851 (885,326) (717,669) (1,327,737) 173,119 OTHER FINANCING SOURCES (USES) Issuance of Debt - - - 39,867 39,867 Sale of Capital Assets - - 150,000 - 150,000 Transfers In 473,803 1,065,514 3,751,380 806,736 6,097,433 Transfers Out (3,471,818) - (1,550,000) (462,850) (5,484,668) Total Other Financing Sources (Uses)(2,998,015) 1,065,514 2,351,380 383,753 802,632 Net Change in Fund Balances 105,836 180,188 1,633,711 (943,984) 975,751 Fund Balance (Deficit) - Beginning 33,716,667 (517,835) 28,737,369 27,974,202 89,910,403 Fund Balance (Deficit) - Ending $33,822,503 $(337,647) $30,371,080 $27,030,218 $90,886,154 Capital Projects The notes to the financial statements are an integral part of this statement 46 City of Eden Prairie, Minnesota Reconciliation of the Statement of Revenues and Expenditures, and Changes in Fund Balances of Governmental Funds to the Statement of Activities For the Year Ended December 31, 2024 Total net change in fund balances - governmental funds $975,751 Amounts Reported for Governmental Activities in the Statement of Activities are Different Because: Capital outlays are reported in Governmental Funds as expenditures. However, in the Statement of Activities, the cost of those assets is allocated over the estimated useful life's as depreciation expense. Capital Outlays 4,581,733 Depreciation/Amortization Expense (4,301,512) The net effect of the disposal of capital assets Contributed to Enterprise funds (296,747) Disposals (1,480,766) Accumulated Depreciation/Amortization on Disposals 1,349,440 Principal payments of long-term debt and SBITAs consumes the current financial resources of Governmental Funds, However they have no effect on Net Position.2,660,069 Interest on long-term debt in the statement of activities differs from the amount reported in the Governmental Funds because interest is recognized as an expenditure in the funds when it is due thus requires use of current financial resources. In the Statement of Activities, however interest expense is recognized as the interest accrues, regardless of when it is due.20,011 The issuance of long-term debt and SBITAs provides current financial resources to Governmental Funds and has no effect on Net Position. These amounts are reported in the Governmental Funds as a source of financing. These amounts are not shown as revenue in the Statement of Activities, but rather constitute long-term liabilities in the Statement of Net Position.(39,867) Governmental Funds report debt issuance premiums and discounts as another financing source oruse at the time of issuance. Premiums and discounts are reported as an unamortized asset or liabilityin the Government-wide financial statements.112,844 Refunding gains/(losses) are recognized when paid in the governmental funds but amortized over the life of the debt in the Statement of Activities.Amortization of Deferred Gain (21,857) Taxes and special assessments receivable will be collected in future years, but are not available soon enough to pay for the current period's expenditures, and therefore are deferred in the funds.(227,514) Receivable will be collected in future years, but are not available soon enough to pay for the current period's expenditures, and therefore are deferred in the funds.1,273,405 Some pension expenses reported in the Statement of Activities do not require the use of current financial resources and, therefore are not reported as expenditures.Change in Net Pension Asset/Liability and Related Deferred Outflows/Inflows of Resources 1,928,215 Internal Service Funds are used by management to charge the costs of employee benefits to individual funds. The net revenue of these activities is reported in Governmental Activities.1,931,246 Internal Service Funds are used by management to charge the costs of employee benefits to individual funds. The net revenue of these activities is reported in Business Type Activities.93,316 Change in Net Position - Governmental Activities $8,557,767 The notes to the financial statements are an integral part of this statement 47 This page is intentionally left blank 48 City of Eden Prairie, Minnesota General Fund Statement of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual For the Year Ended December 31, 2024 With Comparative Actual Amounts For the Year Ended December 31, 2023 2023 Budget Budget Variance Original Final Actual Over/(Under)Actual REVENUES Taxes and Special AssessmentsGeneral Property Taxes and Assessments $43,455,687 $43,455,687 $43,926,270 $470,583 $41,414,372 Penalties, Interest, and Payments in Lieu of Taxes 25,000 25,000 49,159 24,159 11,606 Total Taxes and Special Assessments 43,480,687 43,480,687 43,975,429 494,742 41,425,978 Licenses and PermitsLiquor, Beer and Wine Licenses 311,650 311,650 289,340 (22,310) 309,450 Other Licenses 44,425 44,425 39,560 (4,865) 30,342 Building Permits and Fees 2,600,675 2,600,675 3,848,929 1,248,254 3,562,908 Cable TV 791,000 791,000 667,091 (123,909) 733,781 Other Permits Inspection Fees 258,000 258,000 294,468 36,468 244,160 Non-Development Fire Permits 120,000 120,000 106,655 (13,345) 130,295 Other 40,450 40,450 35,307 (5,143) 43,408 Total Licenses and Permits 4,166,200 4,166,200 5,281,350 1,115,150 5,054,344 Intergovernmental RevenuePolice Pension Aid 650,000 650,000 881,777 231,777 728,684 Fire Relief Association Aid 550,000 550,000 665,703 115,703 600,218 School Liaison 368,175 368,175 368,500 325 - Police Training 66,000 66,000 70,955 4,955 69,704 Fire Training 25,000 25,000 140,877 115,877 112,142 Grants 200,000 200,000 310,572 110,572 302,815 Local Performance Aid 9,000 9,000 9,044 44 8,963 Total Intergovernmental Revenue 1,868,175 1,868,175 2,447,428 579,253 1,822,526 Charges for Services Public Safety 181,400 181,400 234,302 52,902 242,495 Recreation Community Center 4,549,065 4,549,065 4,644,490 95,425 4,331,204 Youth Programs 537,300 537,300 562,151 24,851 552,300 Organized Athletics 173,100 173,100 144,815 (28,285) 161,110 Senior Center 69,700 69,700 86,605 16,905 69,413 Outdoor Center 82,850 82,850 81,483 (1,367) 81,018 Arts Center 201,100 201,100 212,854 11,754 195,924 Park Facilities 85,000 85,000 102,935 17,935 85,204 Park Maintenance 45,000 45,000 35,009 (9,991) 40,825 Therapeutic Recreation 25,000 25,000 27,864 2,864 24,979 Arts 34,200 34,200 37,693 3,493 33,322 Special Events 500 500 90 (410) 180 Total Recreation 5,802,815 5,802,815 5,935,989 133,174 5,575,479 Total Charges for Services 5,984,215 5,984,215 6,170,291 186,076 5,817,974 Fines and Forfeits 350,000 350,000 431,247 81,247 349,641 Investment Income - - 1,177,781 1,177,781 1,190,635 Other 198,975 198,975 354,690 155,715 241,350 Total Revenues $56,048,252 $56,048,252 $59,838,216 $3,789,964 $55,902,448 2024 The notes to the financial statements are an integral part of this statement 49 City of Eden Prairie, Minnesota General Fund Statement of Revenues, Expenditures and Changed in Fund Balance - Budget and Actual For the Year Ended December 31, 2024 Continued With Comparative Actual Amounts For the Year Ended December 31, 2023 2023 Budget Budget Variance Original Final Actual Over/(Under)Actual EXPENDITURES Current AdministrationLegislative $389,743 $389,743 $398,729 $8,986 $364,911 Office of the City Manager 529,061 529,061 484,941 (44,120) 433,417 Legal Counsel 580,000 580,000 498,322 (81,678) 678,299 City Clerk 508,189 508,189 437,865 (70,324) 182,306 Communications 755,295 755,295 752,642 (2,653) 724,688 Finance 1,017,028 1,017,028 1,019,002 1,974 964,624 Customer Service 392,460 392,460 356,219 (36,241) 385,964 Human Resources 1,293,873 1,293,873 1,233,852 (60,021) 1,155,849 Total Administration 5,465,649 5,465,649 5,181,572 (284,077) 4,890,058 Community Development Assessing 1,178,046 1,178,046 1,165,987 (12,059) 1,131,997 Planning 701,996 701,996 680,288 (21,708) 646,085 Community Development Administration 277,518 277,518 254,570 (22,948) 240,752 Economic Development 184,090 184,090 180,670 (3,420) 172,214 Housing & Community Services 368,155 368,155 369,578 1,423 370,641 Total Community Development 2,709,805 2,709,805 2,651,093 (58,712) 2,561,689 Police 19,500,731 19,500,731 19,551,193 50,462 17,854,145 FireFire 5,763,528 5,763,528 5,785,862 22,334 5,252,294 Inspections 1,448,292 1,448,292 1,438,881 (9,411) 1,357,905 Public Safety Communications 128,922 128,922 105,552 (23,370) 149,851 Total Fire 7,340,742 7,340,742 7,330,295 (10,447) 6,760,050 Public Works Engineering 1,425,656 1,425,656 1,339,046 (86,610) 1,331,320 Street Maintenance 4,357,050 4,365,075 4,281,853 (83,222) 4,551,891 Street Lighting 1,036,671 1,036,671 945,095 (91,576) 909,529 Total Public Works 6,819,377 6,827,402 6,565,994 (261,408) 6,792,740 2024 The notes to the financial statements are an integral part of this statement 50 City of Eden Prairie, Minnesota General Fund Statement of Revenues, Expenditures and Changed in Fund Balance - Budget and Actual For the Year Ended December 31, 2024 Continued With Comparative Actual Amounts For the Year Ended December 31, 2023 2023 Budget Budget Variance Original Final Actual Over/(Under)Actual 2024 EXPENDITURES (Continued) Current (Continued) Parks and Recreation Park Maintenance 5,183,541 5,183,541 5,237,704 54,163 5,015,348 Community Center 6,181,712 6,181,712 6,106,970 (74,742) 5,707,115 Youth Programs 792,266 792,266 754,866 (37,400) 718,720 Senior Center 562,617 562,617 570,738 8,121 484,722 Park Administration 523,415 523,415 488,047 (35,368) 486,727 Organized Athletics 292,863 292,863 249,959 (42,904) 261,686 Recreation Administration 412,354 412,354 408,593 (3,761) 365,896 Arts Center 503,349 503,349 509,065 5,716 478,706 Therapeutic Recreation 200,338 200,338 206,313 5,975 185,314 Outdoor Center 297,546 297,546 280,860 (16,686) 272,606 Arts 213,673 213,673 194,509 (19,164) 180,542 Special Events 231,435 231,435 180,065 (51,370) 145,981 Park Facilities 102,699 102,699 89,841 (12,858) 87,626 Beaches 105,729 105,729 76,899 (28,830) 49,332 Total Parks and Recreation 15,603,537 15,603,537 15,354,429 (249,108) 14,440,321 Debt Service Principal 74,451 74,451 92,046 17,595 92,200 Interest 7,163 7,163 7,743 580 10,075 Total Debt Service 81,614 81,614 99,789 18,175 102,275 Total Expenditures 57,521,455 57,529,480 56,734,365 (795,115) 53,401,278 Excess of Revenues Over (Under) Expenditures (1,473,203) (1,481,228) 3,103,851 4,585,079 2,501,170 OTHER FINANCING SOURCES / (USES) Transfers In 473,203 473,203 473,803 600 464,662Transfers Out - - (3,471,818) (3,471,818) (2,681,850)Proceeds from Disposition of Capital Assets - - - - - Total Other Financing Sources / (Uses)473,203 473,203 (2,998,015) (3,471,218) (2,217,188) Net Change in Fund Balance $(1,000,000) $(1,008,025) 105,836 $1,113,861 283,982 Fund Balance, January 1 33,716,667 33,432,685 Fund Balance, December 31 $33,822,503 $33,716,667 The notes to the financial statements are an integral part of this statement 51 City of Eden Prairie, Minnesota Proprietary FundsStatement of Net PositionDecember 31, 2024 GovernmentalActivitiesInternalWaterWastewaterStormwaterLiquorService Fund Fund Fund Fund Totals FundASSETSCurrent Assets:Cash and Investments $19,339,937 $11,946,080 $8,174,219 $2,816,359 $42,276,595 $13,605,859 Receivables:Accounts 1,647,607 1,481,456 741,290 12,436 3,882,789 46,950 Lease Receivable - - - 115,580 115,580 824 Investment Interest 102,439 61,922 39,116 14,223 217,700 70,235 Lease Receivable Interest - - - 1,495 1,495 485 Due From Other Governments 949 - - - 949 149,914 Unremitted Special Assessments 3,953 56 - - 4,009 - Delinquent Special Assessments 423,370 8,597 3,662 - 435,629 - Deferred Special Assessments 250,719 336,479 173,249 - 760,447 - Special Deferred Special Assessments 184,860 242,360 - - 427,220 - Due From Other Funds - - - - - 149,014 Inventory - - - 1,150,678 1,150,678 175,735 Prepaid Items 42,385 396,352 210 35,527 474,474 592,928 Total Current Assets 21,996,219 14,473,302 9,131,746 4,146,298 49,747,565 14,791,944 Noncurrent Assets Lease Receivable - - - 416,436 416,436 30,422 Capital Assets:Not Being Depreciated or AmortizedLand 410,694 - 110,602 536,659 1,057,955 - Work in Progress - - - - - 1,198,688 Depreciated or AmortizedProperty, Plant and Equipment 151,319,054 85,122,544 54,873,972 2,628,497 293,944,067 18,802,629 IT Subscriptions - - - - - 1,216,728 Lease Asset - Building/Equipment - - - 1,474,097 1,474,097 116,896 Less Accumulated Depreciation/Amortization (93,521,793) (56,669,356) (30,751,231) (2,261,189) (183,203,569) (10,454,909) Total Noncurrent Assets 58,207,955 28,453,188 24,233,343 2,794,500 113,688,986 10,910,454 Total Assets 80,204,174 42,926,490 33,365,089 6,940,798 163,436,551 25,702,398 DEFERRED OUTFLOWS OF RESOURCESOther Post Employment Benefits 38,240 9,394 3,316 7,746 58,696 768,519 Pensions 226,423 52,252 52,252 87,086 418,013 - Total Deferred Outflows of Resources 264,663 61,646 55,568 94,832 476,709 768,519 Total Assets and Deferred Outflows of Resources 80,468,837 42,988,136 33,420,657 7,035,630 163,913,260 26,470,917 LIABILITIES Current Liabilities:Accounts Payable 378,214 192,881 51,800 172,915 795,810 1,100,764 Claims Payable - - - - - 4,715 Salaries Payable 113,843 36,824 28,252 58,545 237,464 112,770 Investment Interest Payable - - - - - 2,434 IT Subscriptions Interest Payable - - - - - 13,092 IT Subscriptions Liabilities - - - - - 168,091 Bond Interest Payable 74,288 - - - 74,288 - Lease Interest Payable - - - 2,630 2,630 146 Due to Other Governments 56,209 - 2,280 148,742 207,231 1,231 Due to Other Funds - - - - - 149,014 Unearned Revenue - - - 9,039 9,039 695 Current Other Postemployment Benefits Liability 1,761 805 145 526 3,237 59,351 Due to other funds - - - - - - Current Lease Liability Payable - - - 188,588 188,588 24,423 Current Portion of Bonds Payable 685,000 - - - 685,000 - Current Portion of Liabilities for Compensated Absences 109,207 33,355 18,248 63,389 224,199 1,342,274 Total Current Liabilities 1,418,522 263,865 100,725 644,374 2,427,486 2,979,000 Noncurrent Liabilities:Total Other Postemployment Benefits Liability 130,212 35,051 19,699 24,389 209,351 2,488,834 IT Subscriptions Liabilities - - - - - 469,830 Net Pension Liability 1,164,343 268,694 268,694 447,824 2,149,555 - Lease Liability Payable - - - 782,262 782,262 27,563 Bonds Payable 9,197,130 - - - 9,197,130 - Liabilities for Compensated Absences 115,498 35,278 19,300 67,040 237,116 1,419,608 Total Noncurrent Liabilities 10,607,183 339,023 307,693 1,321,515 12,575,414 4,405,835 Total Liabilities 12,025,705 602,888 408,418 1,965,889 15,002,900 7,384,835 DEFERRED INFLOWS OF RESOURCESOther Postemployment Benefits Liability 43,341 12,453 3,412 9,489 68,695 1,045,924 Pensions 803,912 185,518 185,518 309,197 1,484,145 - Deferred Inflow of Resource Related to Lease Receivable - - - 501,810 501,810 27,677 Total Deferred Inflows of Resources 847,253 197,971 188,930 820,496 2,054,650 1,073,601 Total Liabilities and Deferred Inflows of Resources 12,872,958 800,859 597,348 2,786,385 17,057,550 8,458,436 NET POSITION Net Investment in Capital Assets 48,840,751 28,318,287 24,233,343 1,407,214 102,799,595 9,957,201 Unrestricted 18,755,128 13,868,990 8,589,966 2,842,031 44,056,115 8,055,280 Total Net Position $67,595,879 $42,187,277 $32,823,309 $4,249,245 146,855,710 $18,012,481 Adjustment to Reflect the Consolidation of Internal Service Fund Activities Related to Enterprise Funds (550,371) Total Net Position-Business-Type Activities $146,305,339 The notes to the financial statements are an integral part of this statement 52 City of Eden Prairie, Minnesota Proprietary Funds Statement of Revenues, Expenses and Changes in Net Position For the Year Ended December 31, 2024 Governmental Activities -Internal Water Wastewater Stormwater Liquor ServiceFundFundFundFundTotalFund SALES AND COST OF SALESSales $- $- $- $11,658,413 $11,658,413 $- Cost of Sales - - - (8,314,546) (8,314,546) - Gross Profit - - - 3,343,867 3,343,867 - OPERATING REVENUESales 9,829,039 7,952,203 3,983,024 - 21,764,266 - Charges for Services - - - - - 23,469,946 Rental - - - 248,049 248,049 57,543 Lease Receivable Interest - - - 18,705 18,705 1,187 Other 27,320 200 - 42,119 69,639 - Total Operating Revenues 9,856,359 7,952,403 3,983,024 308,873 22,100,659 23,528,676 OPERATING EXPENSE Personnel Services 3,219,397 1,050,608 757,338 1,457,921 6,485,264 11,085,292 SuppliesSupplies 57,507 28,140 54,971 25,342 165,960 91,785 Cleaning Supplies 12,862 - - - 12,862 126,308 Motor Fuel - - - - - 425,574 Tires - - - - - 55,068 Chemicals 1,159,840 - - - 1,159,840 - Repair and Maintenance Supplies 268,194 75,295 33,135 1,936 378,560 678,908 Contractual ServicesContractual Services 431,998 139,964 524,738 300,141 1,396,841 4,883,771 Software 69,886 69,886 - 99 139,871 1,460,724 Janitorial Services 50,600 - - 35,410 86,010 910,047 Lime Residual Removal 307,976 - - - 307,976 - Building Rent - - - 96,120 96,120 - Licenses, Permits, Taxes 245,103 - 17 60 245,180 6,815 Repair and Maintenance 297,890 88,179 26,237 310 412,616 322,311 Utilities 1,039,785 27,308 1,458 67,279 1,135,830 1,723,754 MCES Fees - 4,606,808 - - 4,606,808 - Bank and Credit Card Fees 69,833 69,833 - 270,778 410,444 - User Charges 495,521 376,100 182,352 193,245 1,247,218 45,690 Capital Under $25,000 878,160 353,014 642,301 7,878 1,881,353 337,584 Total Operating Expenses 8,604,552 6,885,135 2,222,547 2,456,519 20,168,753 22,153,631 Operating Income (Loss) Before Depreciation/Amortization 1,251,807 1,067,268 1,760,477 1,196,221 5,275,773 1,375,045 Depreciation/Amortization 3,092,020 1,387,673 1,025,527 232,817 5,738,037 1,432,132 Operating Income (Loss) Before Nonoperating Revenue / Expense (1,840,213) (320,405) 734,950 963,404 (462,264) (57,087) NONOPERATING REVENUE (EXPENSE) Grants 4,838 - 29,406 - 34,244 128,580 Investment Income 844,276 498,738 314,476 115,835 1,773,325 560,054 Lease Interest Expense - - - (34,248) (34,248) (2,121) Subscription Interest Expense - - - - - (47,252) Bonds Interest (264,589) - - - (264,589) - Bond Issuance Cost 52,569 - - - 52,569 - Fiscal Agent Fees (787) - - - (787) - Gain/(Loss) on Disposition of Capital Assets (38,140) (87,250) - - (125,390) 312,110 Contributions - - - - - 10,289 Miscellaneous 6,830 14,649 10,361 12,274 44,114 190,444 Total Nonoperating Revenues (Expenses)604,997 426,137 354,243 93,861 1,479,238 1,152,104 Income (Loss) Before Contributions and Transfers (1,235,216) 105,732 1,089,193 1,057,265 1,016,974 1,095,017 Contributions - from Governmental Activities 110,830 136,552 49,365 - 296,747 38,950 Contributions - from Developers 104,588 104,485 106,857 - 315,930 - Capital Access Charges 811,960 236,760 - - 1,048,720 - Capital Special Assessments 156,289 131,373 2,227 - 289,889 - Transfers In - - - - - 797,279 Transfers Out (236,601) (195,183) (228,260) (750,000) (1,410,044) - Change in Net Position (288,150) 519,719 1,019,382 307,265 1,558,216 1,931,246 Net Position - Beginning 67,832,800 41,574,452 31,635,213 3,941,980 144,984,445 16,081,235 Restatement for Correction of an Error (See Note 17)51,229 93,106 168,714 - 313,049 - Net Position - Beginning (Restated)67,884,029 41,667,558 31,803,927 3,941,980 145,297,494 16,081,235 Net Position - Ending $67,595,879 $42,187,277 $32,823,309 $4,249,245 146,855,710 $18,012,481 Amounts reported for Business Type Activities in the Statement of Activities are Different Because:Adjustment to Reflect the Consolidation of Internal Service Funds Activities Related To Enterprise Funds (93,316) Change in Net Position of Business-Type Activities 1,464,900$ The notes to the financial statements are an integral part of this statement 53 City of Eden Prairie, Minnesota Proprietary Funds Statement of Cash FlowsFor the Year Ended December 31, 2024 Page 1 of 2 Governmental Activities - Internal Water Wastewater Stormwater Liquor Service Fund Fund Fund Fund Totals Fund CASH FLOWS FROM OPERATING ACTIVITIES Receipts From Customers $9,742,931 $7,856,553 $3,997,250 $11,958,821 $33,555,555 $23,526,019 Payments to Vendors (5,757,363) (5,752,749) (1,487,998) (9,555,420) (22,553,530) (11,473,655) Payments to Employees (3,357,768) (1,075,724) (770,074) (1,502,168) (6,705,734) (10,709,563) Other Receipts 27,320 200 - 10,954 38,474 58,405 Net Cash Provided (Used) By Operating Activities 655,120 1,028,280 1,739,178 912,187 4,334,765 1,401,206 CASH FLOWS FROM INVESTING ACTIVITIES Investment Income 856,304 496,047 312,283 116,319 1,780,953 569,115 Net Cash Provided (Used) By Investing Activities 856,304 496,047 312,283 116,319 1,780,953 569,115 CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES Grants 4,838 - 29,406 - 34,244 128,580 Miscellaneous 6,830 14,649 10,361 12,274 44,114 200,733 Payments From Other Funds - - - - - 408,345 Payments to Other Funds - - - - - (408,345) Transfer In - - - - - 750,000 Transfers (Out)(236,601) (195,183) (180,981) (750,000) (1,362,765) - Net Cash Provided (Used) By Noncapital Financing Activities (224,933) (180,534) (141,214) (737,726) (1,284,407) 1,079,313 CASH FLOWS FROM CAPITAL FINANCING ACTIVITES Acquisition and Construction of Capital Assets (2,444,348) (1,183,685) (271,349) - (3,899,382) (2,678,949) Proceeds From Sale of Equipment - - - 312,110 Access Charges 811,960 236,760 - - 1,048,720 - Special Assessments 156,289 131,373 2,227 - 289,889 - Principal Paid on Debt (665,000) - - (179,888) (844,888) (204,092) Interest and Fiscal Agent Paid on Debt (272,797) - - (34,735) (307,532) (54,445) Net Cash Provided (Used) By Capital Financing Activities (2,413,896) (815,552) (269,122) (214,623) (3,713,193) (2,625,376) Net Increase (Decrease) in Cash and Cash Equivalents (1,127,405) 528,241 1,641,125 76,157 1,118,118 424,258 Cash and Cash Equivalents, January 1 20,467,342 11,417,839 6,533,094 2,740,202 41,158,477 13,181,601 Cash and Cash Equivalents, December 31 $19,339,937 $11,946,080 $8,174,219 $2,816,359 $42,276,595 $13,605,859 The notes to the financial statements are an integral part of this statement 54 City of Eden Prairie, Minnesota Proprietary Funds Statement of Cash FlowsFor the Year Ended December 31, 2024 Page 2 of 2 Governmental Activities -Internal Water Wastewater Stormwater Liquor Service Fund Fund Fund Fund Totals Fund RECONCILIATION OF OPERATING INCOME (LOSS) TO NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES: Operating Income (Loss)$(1,840,213) $(320,405) $734,950 $963,404 $(462,264) $(57,087) Adjustments to Reconcile Operating Income (Loss) to Net Cash Provided (Used) by Operating Activities: Depreciation/Amortization 3,092,020 1,387,673 1,025,527 232,817 5,738,037 1,432,132 (Increase) Decrease in Assets and Deferred Outflows:Accounts Receivable (57,270) (86,023) 5,039 11,017 (127,237) 55,378 Lease Receivable - - - (7,751) (7,751) (325) Special Assessments Receivable (28,838) (9,627) 9,187 - (29,278) - Due From Other Governments 18,849 - 1,000 - 19,849 (111,356) Inventory - - - 67,698 67,698 (4,991) Prepaid Items (11,531) (12,451) (210) (2,428) (26,620) 19,871 Other Post Employment Benefits (Deferred Outflow)1,665 762 136 497 3,060 56,101 Pensions (Deferred Outflow)236,962 54,683 54,683 91,139 437,467 - Increase (Decrease) in Liabilities and Deferred Inflows: Accounts Payable (359,533) 94,229 (25,859) (303,543) (594,706) (85,747) Salaries Payable 19,993 7,352 5,906 5,503 38,754 18,142 Unearned Revenue - - - (777) (777) 695 Due to Other Governments (19,993) - 2,280 (4,003) (21,716) (223,093) Other Post Employment Benefits (6,652) (3,042) (547) (1,986) (12,227) (224,194) Net Pension Liability (619,581) (142,981) (142,981) (238,301) (1,143,844) - Other Post Employment Benefits (Deferred Inflow)6,482 2,965 533 1,937 11,917 218,501 Pensions (Deferred Inflow)228,618 52,758 52,758 87,930 422,064 - Compensated Absences (5,858) 2,387 16,776 9,034 22,339 307,179 Net Cash Provided (Used) by Operating Activities $655,120 $1,028,280 $1,739,178 $912,187 $4,334,765 $1,401,206 Noncash Investing, Capital and Financing Activities:Contributions of Capital Assets from Governmental Activities $110,830 $136,552 $49,365 $- $296,747 $38,950 Contributions of Capital Assets from Developers 104,588 104,485 106,857 - 315,930 - Transfer of Capital Assets from Proprietary Activities - - - - - 47,279 Transfer of Capital Assets to Government Activities - - (47,279) - (47,279) - Amortization of Bond Premium 52,569 - - - 52,569 - The notes to the financial statements are an integral part of this statement 55 City of Eden Prairie, Minnesota Fiduciary Funds Statement of Fiduciary Net Position December 31, 2024 Custodial Funds Total ASSETS Cash and Investments $836,271 Accounts Receivable 445 Due from Other Governments 65,241 Prepaids 68,312 Total Assets $970,269 LIABILITIES Accounts Payable $101,172 Due to Other Governments 54,670 Unearned Revenue 40,257 Total Liabilities $196,099 NET POSITION Restricted for Individuals, Organizations, and Other Governments $774,170 $774,170 The notes to the financial statements are an integral part of this statement 56 City of Eden Prairie, Minnesota Fiduciary Funds Statement of Changes in Fiduciary Net Position For the Year Ended December 31, 2024 Custodial Funds Total ADDITIONS Grants $630,162 Memberships 470,537 Investments Earnings 36,721 Building Permits 472,150 Other 26,141 Total Additions 1,635,711 DEDUCTIONS Personnel Services 508,481 Supplies 31,935 Contractual Services 1,026,424 Total Deductions 1,566,840 Net Increase (Decrease) in Fiduciary Net Position 68,871 Net Position - Beginning 705,299 Net Position - Ending $774,170 The notes to the financial statements are an integral part of this statement 57 This page is intentionally left blank 58 NOTES TO FINANCIAL STATEMENTS 59 City of Eden Prairie, Minnesota Notes to Financial Statements Note 1—Summary of Significant Accounting Policies Reporting Entity The City of Eden Prairie is a municipal corporation governed by an elected mayor and four-member council. The accompanying financial statements consist of the primary government and organizations for which the primary government is financially accountable. In addition, the primary government may determine through exercise of management’s professional judgment that the inclusion of an organization that does not meet the financial accountability criteria is necessary in order to prevent the financial statements from being misleading. The criteria used to determine if the primary government is financially accountable for a potential component unit include 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. Blended Component Unit The Housing and Redevelopment Authority (H.R.A.) is a body organized and existing under the laws of the State of Minnesota. The Authority was established in 1980 by the City to carry out certain redevelopment projects within the City and is governed by the City Council and the Mayor. The City also has an operational responsibility for the H.R.A. The H.R.A. has a December 31 year-end and does not issue financial statements. This unit is included within the H.R.A. and Economic Development funds. Government-Wide and Fund Financial Statements The government-wide financial statements (i.e., the Statement of Net Position and the Statement of Activities) report information on all of the nonfiduciary activities of the City. The fiduciary funds are only reported in the statement of fiduciary net position and the statement of changes in fiduciary net position at the fund financial statement level. Governmental activities, which normally are supported by taxes and intergovernmental revenues, are reported separately from business-type activities, which rely to a significant extent on fees and charges for support. 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, service or privileges provided by a given function or segment and 2) grants and contributions that are restricted to meeting the operational or capital requirements of a particular function or segment. Taxes and other items not properly included among program revenues are reported instead as general revenues. Measurement Focus, Basis of Accounting and Statement Presentation Separate financial statements are provided for governmental funds, proprietary funds, and fiduciary funds, even though the latter are excluded from the government-wide financial statements. Major individual governmental funds and major individual proprietary funds are reported as separate columns in the fund financial statements. 60 City of Eden Prairie, Minnesota Notes to Financial Statements The financial statements for the government-wide, proprietary funds, fiduciary funds (which include custodial funds) 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 the related cash flows. Property taxes are recognized as revenues in the year for which they are levied. Grants and similar items are recognized as revenue as soon as all eligibility requirements imposed by the provider have been met. Governmental fund financial statements are reported using the current financial resources measurement focus and the modified accrual basis of accounting. Revenues are recognized as soon as they are both measurable and available. Revenues are considered to be available when they are collectible within the current period or soon enough thereafter to pay liabilities of the current period. For this purpose, the City considers revenues to be available if they are collected within 60 days of the end of the current fiscal period. Expenditures generally are recorded when a liability is incurred, as under accrual accounting. However, debt service expenditures, as well as expenditures related to compensated absences and claims and judgments, are recorded only when payment is due. Property taxes, licenses, interest and special assessments are all considered to be susceptible to accrual and so have been recognized as revenues of the current fiscal period. Grants and similar items are recognized as revenue as soon as all eligibility requirements imposed by the provider have been met. All other revenue items are considered to be measurable and available only when payment is received by the City. The City reports the following major governmental funds: • The General fund is the City’s primary operating fund. It accounts for the proceeds of specific revenue sources that are restricted or committed to expenditures for specified purposes other than debt service and capital projects. • The Public Improvement Construction fund accounts for proceeds of bonds sold and special assessments collected to finance street, drainage, and lateral utility construction within the City. • The Capital Improvement Maintenance fund accounts for the accumulation of resources to be used for capital improvements and maintenance of City property. The City reports the following major proprietary funds: • The Water fund accounts for the operations of the City water system. • The Wastewater fund accounts for the operations of the City wastewater service. • The Stormwater fund accounts for the operations of the City’s stormwater system. • The Liquor fund accounts for the operations of the City’s three retail liquor stores and the operations of the City-owned Den Road building which is leased to City liquor operations and other tenants. Additionally, the city reports the following fund types: • Internal Service funds are used to account for the financing of goods or services provided by one department or agency to other departments or agencies of the 61 City of Eden Prairie, Minnesota Notes to Financial Statements government and to other government units, on a cost reimbursement basis. Internal Service funds include Health & Benefits, Dental, Severance, Workers Compensation, Property Insurance, Facilities, Fleet, and Information Technology. • Fiduciary funds include Custodial funds that account for evidence held by the Police department in the Escrow fund, WAFTA, Metropolitan Council Environmental Services funds (MCES), Fencing and the 494 Corridor Commission. As a general rule the effect of interfund activity has been eliminated from the government-wide financial statements. Exceptions to this rule are payments in-lieu of taxes and other charges between the City’s water, wastewater, and storm water function and various other functions of the City. Elimination of these charges would distort the direct costs and program revenues reported from the various functions concerned. Proprietary funds distinguish operating revenues and expenses from nonoperating items. Operating revenues and expenses generally result from providing services and producing and delivering goods in connection with a proprietary fund’s principal ongoing operations. The principal operating revenue of the City’s proprietary funds are charges to customers for sales and services. Operating expenses for proprietary funds include the cost of sales and services, administrative expenses, and depreciation on capital assets. All revenues and expenses not meeting this definition are reported as nonoperating revenues and expenses. Assets, Liabilities, Deferred Outflows/Inflows of Resources, and Net Position/Fund Balance Cash and Investments Cash and investments, except for small amounts of cash on hand, are deposited in pooled accounts of the City. The City invests cash surpluses in these accounts; and investment earnings, as well as gains and losses on sales of securities, are allocated to the various funds on the basis of average cash balances. Funds with deficit cash balance averages (interfund payable) are charged interest equivalent to the average investment earnings lost in financing the deficits. For purposes of the statement of cash flows, the Proprietary funds consider all unrestricted investments held in the pooled accounts of the City to be cash equivalents because this pool is used essentially as a demand deposit account. Investments are stated at their fair value as determined by quoted market prices, except for money market investments and participating interest-earning investment contracts that have a remaining maturity at time of purchase of one year or less which are recorded at amortized cost, provided that the fair value of those investments is not significantly affected by the impairment of the credit standing of the issuer or by other factors. Money market investments are short-term, highly liquid debt instruments including commercial paper, banker's acceptances, and U.S. Treasury and agency obligations. Investments in external investment pools that meet the criteria of GASB Statement No. 79 are valued at amortized costs. If an external investment pool does not meet the criteria established by this Statement, that pool should apply the provisions in paragraph 16 of Statement No. 31. 62 City of Eden Prairie, Minnesota Notes to Financial Statements Interfund Receivables/Payables Activity between funds that are representative of lending/borrowing arrangements outstanding at the end of the fiscal year are referred to as “due to/from other funds” (i.e., the current portion of interfund loans) or advances to/from other funds. All other outstanding balances between funds are reported as “due to/from other funds.” Any residual balances outstanding between the governmental activities and business-type activities are reported in the government-wide financial statements as “internal balances.” Inventories and Prepaid Items Liquor fund inventories are valued at average cost. The Fleet fund’s inventories are valued at cost. All inventories use the first-in/first-out (FIFO) method. Inventories and prepaids of governmental funds are recorded as expenditures when consumed rather than when purchased. Certain payments to vendors reflect costs applicable to future accounting periods and are recorded as prepaid items in both government-wide and fund financial statements. Capital Assets Capital assets, which include property, plant, equipment, and infrastructure assets (e.g., roads, bridges, sidewalks, and similar items), are reported in the applicable governmental or business-type activities columns in the government-wide financial statements. Capital assets are defined by the City as assets with an initial individual cost of more than $25,000 and an estimated useful life in excess of 1 year. Assets in aggregate over $50,000 will be capitalized regardless of individual unit cost. Such assets are recorded at historical cost or estimated historical cost if purchased or constructed. Donated capital assets are recorded at acquisition value at the date of donation. Lease assets and information technology subscription assets are recorded based on the measurement of payments applicable to the lease and subscription term. The costs of normal maintenance and repairs that do not add to the value of the asset or materially extend assets lives are not capitalized. The City has chosen to use the modified approach for its infrastructure assets which means the following criteria will take place: • The City will preserve and maintain infrastructure assets at a condition level of 70. • The Engineering department will be in charge of determining the appropriate condition level at which these assets are to be maintained. • The City will maintain an inventory of these assets and perform a condition assessment every 3 years to establish that the condition level of 70 is being maintained. • The City will make annual estimates of the amounts that must be expended to preserve and maintain these assets at the condition level of 70. 63 City of Eden Prairie, Minnesota Notes to Financial Statements Property, plant, and equipment, except for infrastructure, of the City are depreciated or amortized using the straight-line method over the following estimated useful lives: Buildings 5-50 years Land improvements 10-50 years Leasehold improvements 10-25 years Lease Assets shorter of useful life or lease term Subscription Assets shorter of useful life or subscription term Equipment 5-30 years Autos 5-20 years Other assets 5-30 years Distribution system 25-50 years Intangible assets 3 years Deferred Outflows/Inflows of Resources In addition to assets, the statement of financial position includes a separate section for deferred outflows of resources. This separate financial statement element, deferred outflows of resources, represents a consumption of net assets that applies to a future period(s) and will not be recognized as an outflow of resources (expense/ expenditure) until then. The City has three items that qualify for reporting in this category. It is the deferred charge on refunding reported in the government-wide statement of net position, and deferred amounts related to pension and OPEB. The deferred charge on refunding resulted from the difference between the carrying value of refunded debt and its reacquisition price. This amount is deferred and amortized over the shorter of the life of the refunded or refunding debt. The deferred amounts related to pension and OPEB relate differences between estimated and actual investment earnings, changes in actuarial assumptions, and other pension and OPEB related changes. In addition to liabilities, the statement of financial position includes a separate section for deferred inflows of resources. Deferred inflows of resources represent an acquisition of net assets that applies to a future period(s) and so will not be recognized as an inflow of resources (revenue) until that time. The City has four items that qualify for reporting in this category. Unavailable revenue is reported only in the governmental funds balance sheet. The governmental funds report unavailable revenues from four sources: property taxes, special assessments, state shared taxes and loans/invoices not collected within 60 days. The City also reports deferred amounts related to leases. These amounts are deferred and recognized as an inflow of resources in the period that the amounts become available. In the government-wide financial statements the City reports deferred amounts related to leases and deferred amounts related to pension and OPEB. Pensions For purposes of measuring the net pension liability, deferred outflows/inflows of resources, and pension expense, information about the fiduciary net position of the Public Employees Retirement Association (PERA) and the relief association and additions to/deductions from PERA’s and the relief association fiduciary net position have been determined on the same basis as they are reported by PERA and the relief association except that PERA’s fiscal year end is June 30. For this 64 City of Eden Prairie, Minnesota Notes to Financial Statements purpose, plan contributions are recognized as of employer payroll paid dates and benefit payments and refunds are recognized when due and payable in accordance with the benefit terms. Investments are reported at fair value. For the governmental activities, the net pension liability will be liquidated through the General fund. For purposes of measuring the liability, deferred outflows of resources and deferred inflows of resources, and expense associated with the City’s requirement to contribute to the Eden Prairie Firefighter Relief Association, information about the Plan’s fiduciary net position and additions to/deductions from the Eden Prairie Firefighter Relief Association Plan’s fiduciary net position have been determined on the same basis as they are reported by the Plan. For this purpose, benefit payments (including refunds of contributions) are recognized when due and payable in accordance with the benefit terms. Investments are reported at fair value. Postemployment Benefits Other Than Pensions (OPEB) For purposes of measuring the total OPEB liability, deferred outflows/inflows of resources related to OPEB, and OPEB expense, the City recognizes benefit payments when due and payable in accordance with the benefit terms. The City’s benefit payments consist of the implicit rate subsidy, and subsidized premiums for officers injured in the line of duty. Other post-employment benefits are generally liquidated through the Health and Benefits Internal Service funds. Liabilities for Compensated Absences The City compensates employees upon termination for unused paid time off (PTO). Such pay will be reflected as a liability in the government-wide financial statement and accrued as an expense as it is earned in an internal service fund. General Property Taxes Property tax levies are set by the City Council in December each year and are certified to Hennepin County for collection in the following year. In Minnesota, counties act as collection agents for all property taxes. The County spreads all levies over taxable property. Such taxes become a lien on January 1 and are recorded as receivables by the City at that date. Revenues are accrued and recognized in the year collectible, net of delinquencies. Real property taxes may be paid by taxpayers in two equal installments on May 15 and October 15. Personal property taxes may be paid on February 28 and June 30. The County provides tax settlements to taxing districts in February, June, and December. In the governmental fund financial statements, taxes that remain unpaid at December 31 are classified as delinquent taxes receivable and are fully offset by unavailable revenue because they are not available to finance current expenditures. Special Assessment Levies Special assessments represent the financing for public improvements paid for by the benefiting property owner. In the fund financial statements, special assessment revenue and related interest 65 City of Eden Prairie, Minnesota Notes to Financial Statements income is generally recognized in the year collected. Hennepin County acts as the billing and collection agent. Amounts collected by the County during the year that have not yet been remitted to the City are considered collections for purposes of revenue recognition. Deferred special assessments receivable represents principal amounts due in future years. Special deferred assessments receivable includes Green Acres, disability, senior citizen owned property or other qualified hardship properties. These special assessments are deferred until such time the property loses its exempt status. While these taxes remain a valid receivable, the timing of their collection is uncertain. Interest accrues from the year of the deferment. Delinquent special assessments receivable represents special assessments principal and interest that are past due. In the governmental fund financial statements, deferred and delinquent special assessments receivable are fully offset by deferred inflows of resources because such assessment revenue is not available currently. Long-term Obligations In the government-wide financial statements and proprietary fund financial statements, long-term debt and other long-term obligations are reported as liabilities in the statement of net position. Bond premiums and discounts are amortized over the life of the bonds using the effective interest method. Bonds payable are reported net of the applicable bond premium or discount. In the fund financial statements, governmental fund types recognize bond premiums and discounts, as well as bond issuance costs, during the current period. The face amount of debt issued is reported as other financing sources. Premiums and discounts on debt issuances are reported as other financing sources/uses. Issuance costs, whether or not withheld from the actual debt proceeds received, are reported as debt service expenditures. 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 assets and assets that are legally or contractually required to be maintained intact. • 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. These constraints are established by Resolution of the City Council. Only the Council can remove or change the constraints placed on committed fund balances by resolution. • Assigned-consists of internally imposed constraints. These constraints reflect the specific purpose for which it is the City’s intended use. These constraints are established by the City council and/or management. Pursuant to City Council Resolution, the City Manager or Finance Manager is authorized to establish assignments of fund balance. • Unassigned-is the residual classification for the general fund and also reflects negative residual amounts in other funds. 66 City of Eden Prairie, Minnesota Notes to Financial Statements When both restricted and unrestricted resources are available for use, it is the City’s policy to first use restricted resources, and then use unrestricted resources as they are needed. When unrestricted resources are available for use, it is the City’s policy to use resources in the following order: 1) committed 2) assigned 3) unassigned. • The City’s fund balance policy requires the unassigned for working capital fund balance component to equal 50% of the next year’s budgeted tax revenue. In recognition that the amount for working capital only covers operating costs for the first six months of the year, the City will maintain an unassigned fund balance component for budget stabilization which is 10% of the next year’s budget in fund balance for budget stabilization and 5% of the next year’s budget for budget balancing in the general fund. If the balance falls below 15%, a plan would be developed and implemented to replenish the fund. Prior Period Comparative Financial Information/Reclassification The financial statements include certain prior year partial comparative information but not at the level of detail required for a presentation in conformity with accounting principles generally accepted in the United States of America. Accordingly, such information should be read in conjunction with the City’s financial statements for the year ended December 31, 2023, from which the summarized information was derived. Also, certain amounts presented in the prior year data have been reclassified in order to be consistent with the current year’s presentation. Note 2—Stewardship, Compliance and Accountability Budgetary Information An annual budget is adopted on a basis consistent with generally accepted accounting principles for the General fund. The City does not budget for governmental funds other than the General fund. All annual appropriations lapse at fiscal year end. The proposed budget is presented to the City Council for review. The Council then holds a truth-in-taxation meeting after which a final General Fund annual budget is legally adopted by no later than December 31. The appropriated budget is prepared by department and division. The City’s directors and division managers may make transfers of appropriations within a division. Transfers of appropriations between departments require the approval of the City Manager. The legal level of budgetary control is the fund level. Any changes in the total budget of each fund must be approved by a majority vote of the City Council. During the year, adjustments between the original and final General fund amended budget resulted in an increase of $8,025 in Street Maintenance for a track-skid loader trailer. General fund expenditures equal $56,734,365 or 98.6% of the annual amount budgeted of $57,529,480. All departments, except Police have spent less than 100% of the amounts budgeted. 67 City of Eden Prairie, Minnesota Notes to Financial Statements Deficit Fund Equity The following governmental funds had deficit fund balance/net position at December 31, 2024: The fund balance deficits of these individual Capital Project funds will be financed by municipal state aid, special assessments and other future City planned funding as identified in the City’s Capital Improvement Plan. The fund balance deficit of the Severance Internal Service funds will be financed by user charges. The fund balance deficit of the Health and Benefits fund is due to the OPEB liability which the City will not fund since it pertains only to the Implicit Rate. Note 3—Cash and Investments Components of Cash and Investments Cash and investments at year-end consist of the following: Cash and investments are presented in the financial statements as follows: Deposits In accordance with Minnesota Statutes, the City maintains deposits at those depository banks authorized by the City Council, including checking accounts and certificates of deposits. The following is considered the most significant risk associated with deposits: Custodial Credit Risk In the case of deposits, this is the risk that in the event of a bank failure, the City’s deposits may be lost. Major Funds: Public Improvement Construction 337,647$ Non-Major Governmental Funds: Homeowners Improvement Area 20,679 Willow Creek Utilities 62,987 Internal Service Funds: Health and Benefits 234,795 Severance 1,160,492 Investments 148,358,084$ Cash on hand 65,797 Total 148,423,881$ Statement of Net Position Cash and cash equivalents 147,587,610$ Statement of Fiduciary Net Position Cash and investments 836,271 148,423,881$ 68 City of Eden Prairie, Minnesota Notes to Financial Statements Minnesota Statutes require that all deposits be protected by federal deposit insurance, corporate surety bond, or collateral. The fair value of collateral pledged must equal 110% 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 obligation rate “A” or better; revenue obligations rate “AA” or better; irrevocable standard letters of credit issued by the Federal Home Loan Bank; and certificated of deposit. Minnesota Statues 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. It is the City’s policy to limit collateral to what is authorized by Minnesota Statutes. At year-end, the carrying amount of the City’s deposits was $0 while the balance on the bank records was $0. At December 31, 2024, all deposits were fully covered by federal depository insurance, surety bonds, or by collateral held by the City’s agent in the City’s name. Investments As of December 31, 2024, the city had the following investments and maturities: * The weighted average life of mortgage-backed securities are no more than seven (7) years from the date of purchase. Less 1 to 7 Total Than 1 Year Years* U.S. Agencies 73,950,399$ 13,145,172$ 60,805,227$ Municipal Bonds 10,331,284 8,595,999 1,735,285 Negotiable Certificate of Deposit 8,264,250 8,264,250 - Mutual Funds 55,812,151 55,812,151 - Total 148,358,084$ 85,817,572$ 62,540,512$ Investment Maturities (in Years) 69 City of Eden Prairie, Minnesota Notes to Financial Statements Moody’s Investors Service was used as the primary agency for the municipal bond ratings, in the case that Moody’s did not provide a rating a Standard & Poor’s was used. Investments are subject to various risks, the following of which are considered the most significant. Interest Rate Risk Per City policy, the City will match its investments with anticipated cash flow requirements. Unless matched to a specific cash flow, the City will not directly invest in securities maturing more than seven (7) years from the date of purchase or for mortgage-backed securities, the weighted average life must be no more than seven (7) years from the date of purchase. The intent to invest in securities with longer maturities will be disclosed to the City Council. Currently, the City does not have any investments with an expected average life greater than seven years from the date of purchase. Credit Risk It is the City’s policy to limit its investments to the following types, which are also authorized by Minnesota Statutes: • Direct obligations or obligations guaranteed by the United States or its agencies, its instrumentalities or organizations created by an act of congress, excluding mortgage-backed securities defined as high risk. • Shares of investment companies registered under the Federal Investment Company Act of 1940 and whose only investments are in securities described above or in general obligation tax exempt securities or repurchase or reverse repurchase agreements. • Repurchase or reverse repurchase agreements with banks that are members of the Federal Reserve System with capitalization exceeding $10,000,000: a primary reporting dealer in U.S. government securities to the Federal Reserve Bank of New York; certain Minnesota securities broker-dealers, or a bank qualified as a depositor. Negotiable US Municipal Certificate Mutual Agencies Bonds of Deposit Funds Total Moody's Aaa 57,438,493$ 3,064,638$ -$ -$ 60,503,131$ Aa1 - 2,252,752 - - 2,252,752 Aa2 - 853,284 - - 853,284 Aa3 - 221,780 - - 221,780 N/A, N/R 15,343,111 880,000 8,264,250 55,812,151 80,299,512 S&P AA - 219,628 - - 219,628 AA+1,168,795 308,819 - - 1,477,614 AAA - 2,530,383 - - 2,530,383 73,950,399$ 10,331,284$ 8,264,250$ 55,812,151$ 148,358,084$ 70 City of Eden Prairie, Minnesota Notes to Financial Statements • Commercial paper issued by United States corporations or their Canadian subsidiaries, of the higher quality, and maturing in 270 days or less. • Banker’s acceptance of U.S. banks eligible for purchase by the Federal Reserve System. • General obligations of a state or local government. • Money market mutual funds meeting the conditions of rule 2a-7 of the Securities and Exchange Commission. The fair value of the position in the pool is the net asset value per share provided by the pool. Custodial Credit Risk For an investment, custodial credit risk is the risk that in the event of the failure of the counterparty, the city will not be able to recover the value of its investments or collateral securities that are in the possession of an outside party. The City’s investments are held in safe keeping. The City’s investment policy specifically addresses custodial credit risk by requiring investments to be held at the Federal Reserve Bank or any bank authorized under the laws of the United States. Concentration Risk This is the risk associated with investing a significant portion of the City’s investment (considered 5 percent or more) in the securities of a single issuer, excluding U.S. guaranteed investments (such as Treasuries), investment pools, and mutual funds. The City’s investment policy specifically addresses the City’s desire to limit risk by avoiding over concentration in securities from a specific issuer and by setting allocation guidelines to diversify the types of securities in the portfolio. At year end, the City did hold the following investments in securities with a single issuer which exceeded 5%. Fair Value Measurements The City uses fair value measurements to record fair value adjustments to certain assets and liabilities and to determine fair value disclosures. The City follows an accounting standard that defines fair value, establishes a framework for measuring fair value, establishes a fair value hierarchy based on the quality of inputs used to measure fair value, and requires expanded disclosures about fair value measurements. In accordance with this standard, the City has categorized its investments, based on the priority of the inputs to the valuation technique, into a three-level fair value hierarchy. The fair value hierarchy gives the highest priority to quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). If the inputs used to measure the financial instruments fall within different levels of the hierarchy, the categorization is based on the lowest level input that is significant to the fair value measurement of the instrument. Financial assets and liabilities recorded on the combined statements of financial position are categorized based on the inputs to the valuation techniques as follows: Issuer Percentage FHLMC 9.3% 71 City of Eden Prairie, Minnesota Notes to Financial Statements • Level 1 – Financial assets and liabilities are valued using inputs that are unadjusted quoted prices in active markets accessible at the measurement date of identical financial assets and liabilities. • Level 2 – Financial assets and liabilities are valued based on quoted prices for similar assets, or inputs that are observable, either directly or indirectly for substantially the full term through corroboration with observable market data. • Level 3 – Financial assets and liabilities are valued using pricing inputs which are unobservable for the asset, inputs that reflect the reporting entity’s own assumptions about the assumptions market participants and would use in pricing the asset. Level 1 Level 2 Level 3 Total U.S. Agencies 55,898,050$ 18,052,349$ -$ 73,950,399$ Municipal Bonds - 10,331,284 - 10,331,284 Negotiable Certificates of Deposit - 8,264,250 - 8,264,250 55,898,050$ 36,647,883$ -$ 92,545,933 Investments measured at amortized cost 55,812,151 148,358,084$ 72 City of Eden Prairie, Minnesota Notes to Financial Statements Note 4—Capital Assets Capital asset activity for the year ended December 31, 2024 was as follows: Transfers totaling $296,747 were made to Enterprise Funds from Governmental Funds. Transfers totaling $47,279 were made from Enterprise Funds to Internal Service Funds. Net transfers from Governmental Activities are $249,468. 2024 2024 Beginning Ending Balance Increases Decreases Transfers Balance GOVERNMENTAL ACTIVITIES Capital Assets, Not Depreciated/Amortized Land $22,119,564 $220,924 $- $- $22,340,488 Infrastructure 143,127,977 666,343 40,664 1,037,925 144,791,581 Work in Progress 6,197,675 4,403,241 - (6,655,266) 3,945,650 Total Capital Assets, Not Depreciated/Amortized 171,445,216 5,290,508 40,664 (5,617,341) 171,077,719 Capital Assets, Depreciated/Amortized Buildings 74,338,454 59,701 12,101 3,174,656 77,560,710 Land Improvements 25,737,949 285,652 309,000 451,841 26,166,442 Lease Asset - Equipment 116,896 - - - 116,896 Subscription Assets 1,197,224 156,934 61,073 - 1,293,085 Leasehold Improvements 77,318 - 76,032 - 1,286 Machinery and Equipment 6,007,681 732,576 375,707 48,500 6,413,050 Autos 14,722,020 393,219 1,251,623 1,598,556 15,462,172 Other Assets 12,021,325 384,646 214,206 95,542 12,287,307 Total Capital Assets, Depreciated/Amortized 134,218,867 2,012,728 2,299,742 5,369,095 139,300,948 Total Capital Assets, Cost 305,664,083 7,303,236 2,340,406 (248,246) 310,378,667 Less Accumulated Depreciation/Amortization for Buildings 31,490,788 2,210,879 12,101 (304,192) 33,385,374 Land Improvements 14,417,143 1,118,187 218,556 - 15,316,774 Lease Asset - Equipment 43,282 23,824 - - 67,106 Subscription Assets 308,547 317,806 61,073 - 565,280 Leasehold Improvements 77,148 48 75,910 - 1,286 Machinery and Equipment 4,201,273 487,570 375,707 1,222 4,314,358 Autos 9,945,249 896,714 1,248,019 304,192 9,898,136 Other Assets 7,577,270 678,616 214,110 - 8,041,776 Total Accumulated Depreciation/Amortization 68,060,700 5,733,644 2,205,476 1,222 71,590,090 Total Capital Assets, Depreciated/Amortized, Net 66,158,167 (3,720,916) 94,266 5,367,873 67,710,858 Governmental Activities Capital Assets, Net $237,603,383 $1,569,592 $134,930 $(249,468) $238,788,577 73 City of Eden Prairie, Minnesota Notes to Financial Statements Transfers totaling $296,747 were made to Enterprise Funds from Governmental Funds. Transfers totaling $47,279 were made from Enterprise Funds to Internal Service Funds. Net transfers to Business-Type Activities are $249,468. 2024 Restatement 2024Beginningfor Correction Ending Balance of an Error Increases Decreases Transfers BalanceBUSINESS-TYPE ACTIVITIES Capital Assets, Not Depreciated/Amortized Land $1,057,955 $ - $- $- $- $1,057,955 Work in Progress 1,582,312 - 369,426 - (1,951,738) - Total Capital Assets, Not Depreciated/Amortized 2,640,267 - 369,426 - (1,951,738) 1,057,955 Capital Assets, Depreciated/Amortized Land Improvements 599,178 - - - - 599,178 Buildings 59,361,370 - - - - 59,361,370 Distribution System 213,252,250 313,049 2,705,668 548,321 2,248,484 217,971,130 Lease Asset - Building 1,474,097 - - - - 1,474,097 Leasehold Improvements 702,855 - - - - 702,855 Machinery and Equipment 12,131,223 - 1,140,219 - (48,500) 13,222,942 Autos 1,038,722 - - 23,555 - 1,015,167 Other Assets 1,071,425 - - - - 1,071,425 Total Capital Assets, Depreciated/Amortized 289,631,120 313,049 3,845,887 571,876 2,199,984 295,418,164 Total Capital Assets, Cost 292,271,387 313,049 4,215,313 571,876 248,246 296,476,119 Less Accumulated Depreciation/Amortization forLand Improvements 180,090 - 26,194 - - 206,284 Buildings 40,935,339 - 1,159,862 - - 42,095,201 Distribution System 130,794,813 - 3,754,074 422,931 - 134,125,956 Lease Asset - Building 389,616 - 194,808 - - 584,424 Leasehold Improvements 702,855 - - - - 702,855 Machinery and Equipment 3,904,996 - 505,360 - (1,222) 4,409,134 Autos 831,338 - 31,556 23,555 - 839,339 Other Assets 174,193 - 66,183 - - 240,376 Total Accumulated Depreciation/Amortization 177,913,240 - 5,738,037 446,486 (1,222) 183,203,569 Total Capital Assets, Depreciated/Amortized, Net 111,717,880 313,049 (1,892,150) 125,390 2,201,206 112,214,595 Business-Type Activities Capital Assets, Net $114,358,147 $313,049 $(1,522,724) $125,390 $249,468 $113,272,550 74 City of Eden Prairie, Minnesota Notes to Financial Statements Depreciation/Amortization expense was charged to functions/programs of the City as follows: Note 5—Long Term Receivables Non-Current Lease Receivable The City, as lessor, leases certain real property to several communications companies to install cell towers, as well as tenants to operate retail businesses, provide education and day care services, and for a community solar garden under long-term, non-cancellable lease agreements. These leases expire in various future years with the latest expiration date in 2050. For the year ended 2024 the City received $159,771 in interest revenue and $681,166 in lease revenue per the terms of these contracts. In addition, the City received variable payments for common area maintenance and insurance expenses of $66,735 not included in the measurement of the lease receivable. Notes Receivable The City has entered into note agreements with Eden Prairie residents to either improve the quality of housing and/or to increase the availability of affordable housing. These note agreements are secured by a secured lien that is placed on the property. The Rehabilitation Assistance notes have a phased repayment plan. If the loan is within 11 years of the loan date, 100% of the principal amount is due. On the 11th anniversary of the loan origination date, 90% of the loan principle is due and declines 10% a year until it is forgiven after 20 years. The Home Buyer notes are interest free and are due either when the home sells or 30 years, whichever occurs first. The City has entered into a $500,000 TIF note agreement with the developer Elevate for site improvement costs to redevelop the vacant Ruby Tuesdays and Anchor Bank. The new six-story building will include 222 apartment units over approximately 13,000 square feet of retail and Governmental Activities Administration $254,467 Community Development 61,174 Police 205,434 Fire 574,820 Public Works 385,935 Parks and Recreation 2,819,682 Capital Assets Held by the Government's Internal Service Funds are Charged to the Various Functions Based on their Usage of the Assets 1,432,132 Total Depreciation/Amortization Expense $5,733,644 Business-Type Activities Water $3,092,020 Wastewater 1,387,673 Stormwater 1,025,527 Liquor 232,817 Total DepreciationAmortization Expense $5,738,037 75 City of Eden Prairie, Minnesota Notes to Financial Statements restaurants. The note will bear simple interest at the rate of 1% per annum. The interest and principal shall be paid on the earlier of (a) the end of the term of the HUD Mortgage (40 years) or (b) a sale, refinancing, or exchange of the Project by the Developer, at which time all principal plus accrued interest shall be paid in a lump sum. Receivables as of December 31, 2024, in the aggregate, including the applicable allowances for uncollectible accounts, are as follows: Note 6—Interfund Receivables and Payables The composition of due to/from balances as of December 31, 2024, is as follows: The funds will be repaid as special assessment revenue, taxes, grants, user charges and other future City planned funding as identified in the City’s Capital Improvement Plan are received. Interfund payables and receivables are representative of lending/borrowing arrangements to cover deficit cash balances. Notes Project Receivable Home Buyer Assistance Program 219,064$ Rehabilitation Assistance Program 780,428 Elevate 500,000 Gross Receivables 1,499,492 Less: allowance for uncollectibles (249,873) Net Total Notes Receivable 1,249,619$ Due From Due To Other Funds Other Funds Capital Improvement Maintenance 240,299$ -$ Public Improvement Construction - 240,299 Non-Major Governmental Funds 86,890 86,890 Internal Service Funds 149,014 149,014 Total 476,203$ 476,203$ 76 City of Eden Prairie, Minnesota Notes to Financial Statements Note 7—Interfund Transfers The composition of interfund transfers as of December 31, 2024, is as follows: Note 8—Pension Plan Defined Benefit Pension Plans The Health & Benefits and Enterprise Funds typically liquidate the liability related to the pensions. Plan Description The City participates in the following cost-sharing multiple-employer defined benefit pension plans administered by the Public Employees Retirement Association of Minnesota (PERA). PERA’s defined benefit pension plans are established and administered in accordance with Minnesota Statutes, Chapters 353 and 356. Minnesota Statutes chapter 356 defines each plan’s financial reporting requirements. PERA’s defined benefit pension plans are tax qualified plans under Section 401(a) of the Internal Revenue Code. General Employees Retirement Plan Membership in the General Plan includes employees of counties, cities, townships, schools in non-certified positions, and other governmental entities whose revenues are derived from taxation, fees, or assessments. Plan membership is required for any employee who is expected to earn more than $425 in a month, unless the employee meets exclusion criteria. Transfers In Transfers Out Amount Purpose General Water 236,601$ Annual budgeted transfer Wastewater 165,621 Annual budgeted transfer Stormwater 70,981 Annual budgeted transfer Non-Major Governmental Funds 600 Assist with park program Capital Improvement Maintenance General 2,971,818 Positive performance Liquor Fund 750,000 Positive performance Wastewater 29,562 Assist with capital improvements Public Improvement Construction Capital Improvement Maintenance 900,000 Assist with capital improvements Stormwater 110,000 Assist with capital improvements Non-Major Governmental Funds 55,514 Assist with capital improvements Non-Major Governmental Funds Capital Improvement Maintenance 400,000 Assist with capital improvements Non-Major Governmental Funds 406,736 Assist with capital improvements Internal Service Funds General 500,000 Positive performance Capital Improvement Maintenance 250,000 Assist with operating costs Stormwater Fund 47,279 Assist with capital improvements Total of Transfers 6,894,712$ 77 City of Eden Prairie, Minnesota Notes to Financial Statements Public Employees Police and Fire Plan Membership in the Police & Fire Plan includes full-time, licensed police officers and firefighters who meet the membership criteria defined in Minnesota Statutes section 353.64 and who are not earning service credit in any other PERA retirement plan or a local relief association for the same service. Employers can provide Police & Fire Plan coverage for part-time positions and certain other public safety positions by submitting a resolution adopted by the entity’s governing body. The resolution must state that the position meets plan requirements. Benefits Provided PERA provides retirement, disability, and death benefits. Benefit provisions are established by state statute and can only be modified by the state Legislature. Vested, terminated employees who are entitled to benefits, but are not receiving them yet, are bound by the provisions in effect at the time they last terminated their public service. When a member is “vested,” they have earned enough service credit to receive a lifetime monthly benefit after leaving public service and reaching an eligible retirement age. Members who retire at or over their Social Security full retirement age with at least one year of service qualify for a retirement benefit. General Employees Plan Benefits General Employees Plan requires three years of service to vest. 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. Two methods are used to compute benefits for General Plan members. Members hired prior to July 1, 1989, receive the higher of the Step or Level formulas. Only the Level formula is used for members hired after June 30, 1989. Under the Step formula, General Plan members receive 1.2 percent of the highest average salary for each of the first 10 years of service and 1.7 percent for each additional year. Under the Level formula, General Plan members receive 1.7 percent of highest average salary for all years of service. For members hired prior to July 1, 1989 a full retirement benefit is available when age plus years of service equal 90 and normal retirement age is 65. Members can receive a reduced requirement benefit as early as age 55 if they have three or more years of service. Early retirement benefits are reduced by .25 percent for each month under age 65. Members with 30 or more years of service can retire at any age with a reduction of .25 percent for each month the member is younger than age 62. The Level formula allows General Plan members to receive a full retirement benefit at age 65 if they were first hired before July 1, 1989 or at age 66 if they were hired on or after July 1, 1989. Early retirement begins at age 55 with an actuarial reduction applied to the benefit. Benefit increases are provided to benefit recipients each January. The postretirement increase is equal to 50 percent of the cost-of-living adjustment (COLA) announced by the SSA, with a minimum increase of at least 1 percent and a maximum of 1.5 percent. The 2024 annual increase was 1.5 percent. Recipients that have been receiving the annuity or benefit for at least a full year as of the June 30 before the effective date of the increase will receive the full increase. Recipients 78 City of Eden Prairie, Minnesota Notes to Financial Statements receiving the annuity or benefit for at least one month but less than a full year as of the June 30 before the effective date of the increase will receive a prorated increase. Police and Fire Plan Benefits Benefits for Police and Fire Plan members hired before July 1, 2010, are vested after three years of service. Members hired on or after July 1, 2010, are 50 percent vested after five years of service and 100 percent vested after ten years. After five years, vesting increase by 10 percent each full year of service until members are 100 percent vested after ten years. Police and Fire Plan members receive 3 percent of highest average salary for all years of service. Police and Fire Plan members receive a full retirement benefit when they are age 55 and vested, or when their age plus their years of service equals 90 or greater if they were first hired before July 1, 1989. Early retirement starts at age 50, and early retirement benefits are reduced by 0.417 percent each month members are younger than age 55. Benefit increases are provided to benefit recipients each January. The postretirement increase is fixed at 1 percent. Recipients that have been receiving the annuity or benefit for at least 36 months as of the June 30 before the effective date of the increase will receive the full increase. Recipients receiving the annuity or benefit for at least 25 months but less than 36 months as of the June 30 before the effective date of the increase will receive a reduced prorated increase. Contributions Minnesota Statutes chapters 353, 353E, 353G, and 356 set the rates for employer and employee contributions. Contribution rates can only be modified by the state Legislature. General Employees Fund Contributions General Plan members were required to contribute 6.50 percent of their annual covered salary in fiscal year 2024 and the City was required to contribute 7.50 percent for General Plan members. The City’s contributions to the General Employees Fund for the year ended December 31, 2024, were $1,577,927. The City’s contributions were equal to the required contributions as set by state statute. Police and Fire Fund Contributions Police and Fire Plan members were required to contribute 11.80 percent of their annual covered salary in fiscal year 2024 and the City was required to contribute 17.70 percent for Police and Fire Plan members. The City’s contributions to the Police and Fire Fund for the year ended December 31, 2024, were $1,825,266. The City’s contributions were equal to the required contributions as set by state statute. 79 City of Eden Prairie, Minnesota Notes to Financial Statements Pension Costs General Employees Fund Pension Costs At December 31, 2024, the City reported a liability of $8,956,483 for its proportionate share of the General Employees Fund’s net pension liability. The City’s net pension liability reflected a reduction due to the State of Minnesota’s contribution of $16 million. The State of Minnesota is considered a non-employer contributing entity and the state’s contribution meets the definition of a special funding situation. The State of Minnesota’s proportionate share of the net pension liability associated with the City totaled $231,596. The net pension liability was measured as of June 30, 2024, and the total pension liability used to calculate the net pension liability was determined by an actuarial valuation as of that date. The City’s proportionate share of the net pension liability was based on the City’s contributions received by PERA during the measurement period for employer payroll paid dates from July 1, 2023, through June 30, 2024, relative to the total employer contributions received from all of PERA’s participating employers. The City’s proportionate share was 0.2423 percent at the end of the measurement period and 0.2454 percent for the beginning of the period. For the year ended December 31, 2024, the City recognized pension expense of $399,508 for its proportionate share of the General Employees Plan’s pension expense. In addition, the City recognized an additional $6,209 as pension expense (and grant revenue) for its proportionate share of the State of Minnesota’s contribution of $16 million to the General Employees Fund. During the plan year ended June 30, 2024, the State of Minnesota contributed $170.1 million to the General Employees Fund. The State of Minnesota is not included as a non-employer contributing entity in the General Employees Plan pension allocation schedule for the $170.1 million in direct state aid because this contribution was not considered to meet the definition of a special funding situation. The City recognized $412,098 for the year ended December 31, 2024 as revenue and an offsetting reduction of net pension liability for its proportionate share of the State of Minnesota’s on-behalf contributions to the General Employees Fund. At December 31, 2024, the City reported deferred outflows of resources and deferred inflows of resources related to pensions from the following sources: City's Proportionate Share of the Net Pension Liability 8,956,483$ State of Minnesota's Proportionate Share of the Net Pension Liability Associated with the City 231,596 Total 9,188,079$ 80 City of Eden Prairie, Minnesota Notes to Financial Statements The $788,963 reported as deferred outflows of resources related to pensions resulting from the City’s contributions subsequent to the measurement date will be recognized as a reduction of the net pension liability in the year ended December 31, 2025. Other amounts reported as deferred outflows and deferred inflows of resources related to pensions will be recognized in pension expense as follows: Police and Fire Plan Pension Costs At December 31, 2024, the City reported a liability of $9,424,309 for its proportionate share of the Police and Fire Fund’s net pension liability. The net pension liability was measured as of June 30, 2024, and the total pension liability used to calculate the net pension liability was determined by an actuarial valuation as of that date. The City’s proportionate share of the net pension liability was based on the City’s contributions received by PERA during the measurement period for employer payroll paid dates from July 1, 2023 through June 30, 2024, relative to the total employer contributions received from all of PERA’s participating employers. The City’s proportionate share was 0.7163 percent at the end of the measurement period and 0.7200 percent for the beginning of the period. The State of Minnesota contributed $37.4 million to the Police and Fire Fund in the plan fiscal year ended June 30, 2024. The contribution consisted of $9 million in direct state aid that meets the definition of a special funding situation, additional one-time direct state aid contribution of $19.4 million, and $9 million in supplemental state aid that does not meet the definition of a special funding situation. Additionally, $9 million supplemental state aid was paid on October 1, 2024. Thereafter, by October 1 of each year, the state will pay $9 million to the Police and Fire Fund until full funding is reached or July 1, 2048, whichever is earlier. The $9 million in supplemental state aid will continue until the fund is 90 percent funded, or until the State Patrol Plan (administered by the Minnesota State Retirement System) is 90 percent funded, whichever occurs later. The Deferred Outflow of Resources Deferred Inflow of Resources Differences Between Expected and Actual Economic Experience 845,391$ -$ Changes in Actuarial Assumptions 44,003 3,421,879 Net Collective Difference Between Projected and Actual Investment Earnings - 2,617,901 Changes in Proportion 63,360 144,157 Contributions Paid to PERA Subsequent to the Measurement Date 788,963 - Total 1,741,717$ 6,183,937$ Year Ended Dec 31: Pension Expense Amount 2025 (2,893,128)$ 2026 (506,647) 2027 (1,144,951) 2028 (686,457) (5,231,183)$ 81 City of Eden Prairie, Minnesota Notes to Financial Statements State of Minnesota’s proportionate share of the net pension liability associated with the City totaled $359,251. For the year ended June 30, 2024, the City recognized pension expense of $1,740,960 for its proportionate share of the Police and Fire Plan’s pension expense. The City recognized $34,886 as grant revenue and pension expense for its proportionate share of the State of Minnesota’s pension expense for the contribution of $9 million to the Police and Fire Fund. The State of Minnesota is not included as a non-employer contributing entity in the Police and Fire Pension Plan pension allocation schedules for the $28.4 million in supplemental state aid because this contribution was not considered to meet the definition of a special funding situation. The City recognized $64,471 for the year ended December 31, 2023 as revenue and an offsetting reduction of net pension liability for its proportionate share of the State of Minnesota’s on-behalf contributions to the Police and Fire Fund. At December 31, 2024, the City reported its proportionate share of the Police and Fire Plan’s deferred outflows of resources and deferred inflows of resources related to pensions from the following sources: The $912,633 reported as deferred outflows of resources related to pensions resulting from the City’s contributions subsequent to the measurement date will be recognized as a reduction of the net pension liability in the year ended December 31, 2025. Other amounts reported as deferred outflows and inflows of resources related to pensions will be recognized in pension expense as follows: City's Proportionate Share of the Net Pension Liability 9,424,309$ State of Minnesota's Proportionate Share of the Net Pension Liability Associated with the City 359,251 Total 9,783,560$ Deferred Outflow of Resources Deferred Inflow of Resources Differences Between Expected and Actual Economic Experience 3,680,222$ -$ Changes in Actuarial Assumptions 10,350,978 13,948,455 Net Collective Difference Between Projected and Actual Investment Earnings - 2,921,773 Changes in Proportion 126,204 368,077 Contributions Paid to PERA Subsequent to the Measurement Date 912,633 - Total 15,070,037$ 17,238,305$ 82 City of Eden Prairie, Minnesota Notes to Financial Statements Long-Term Expected Return on Investment The State Board of Investment, which manages the investments of PERA, prepares an analysis of the reasonableness on a regular basis of the long-term expected rate of return using a building-block method in which best-estimate ranges of expected future rates of return are developed for each major asset class. These ranges are combined to produce an expected long-term rate of return by weighting the expected future rates of return by the target asset allocation percentages. The target allocation and best estimates of geometric real rates of return for each major asset class are summarized in the following table: Asset Class Target Allocation Long-Term Expected Real Rate of Return Domestic Equity 33.5% 5.10% International Equity 16.5% 5.30% Fixed Income 25.0% 0.75% Private Markets 25.0% 5.90% Total 100% Actuarial Methods and Assumptions The total pension liability for each of the cost-sharing defined benefit plans was determined by an actuarial valuation as of June 30, 2024, using an individual entry-age normal actuarial cost method. The long-term rate of return on pension plan investments used to determine the total liability is 7%. The 7% assumption is based on a review of inflation and investments return assumptions from a number of national investment consulting firms. The review provided a range of return investment return rates considered reasonable by the actuary. An investment return of 7% is within that range. Year Ended Dec 31: Pension Expense Amount 2025 (467,590)$ 2026 2,324,618 2027 (1,413,302) 2028 (3,731,275) 2029 206,648 (3,080,901)$ 83 City of Eden Prairie, Minnesota Notes to Financial Statements Inflation is assumed to be 2.25% for the General Employees Plan and 2.25% for the Police and Fire Plan. Benefit increases after retirement are assumed to be 1.25% for the General Employees Plan, and 1% for The Police and Fire Plan. Salary growth assumptions in the General Employees Plan range in annual increments from 10.25% after one year of service to 3.0% after 27 years of service. In the Police and Fire Plan, salary growth assumptions range from 11.75% after one year of service to 3.0% after 24 years of service. Mortality rates for the General Employees Plan are based on the Pub-2010 General Employee Mortality Table. Mortality rates for the Police and Fire Plan are based on the Pub-2010 Public Safety Employee Mortality tables. The tables are adjusted slightly to fit PERA’s experience. Actuarial assumptions for the General Employees Plan are reviewed every four years. The most recent four-year experience study for the General Employees Plan was completed in 2022. The assumption changes were adopted by the Board and became effective with the July 1, 2023 actuarial valuation. The Police & Fire Plan was reviewed in 2024. PERA anticipates the experience study will be approved by the Legislative Commission on Pensions and Retirement and become effective with the July 1, 2025 actuarial valuation. The following changes in actuarial assumptions and plan provisions occurred in 2024: General Employees Fund The following changed in actuarial assumptions and plan provisions occurred in 2024: Changes in Actuarial Assumptions: • Rates of merit and seniority were adjusted, resulting in slightly higher rates. • Assumed rates of retirement were adjusted as follows: increase the rate of assumed unreduced retirements, slight adjustments to Rule of 90 retirement rates, and slight adjustments to early retirement rates for Tier 1 and Tier 2 members. • Minor increase in assumed withdrawals for males and females. • Lower rates of disability. • Continued use of Pub-2010 general mortality table with slight rate adjustments as recommended in the most recent experience study. • Minor changes to form of payment assumptions for male and female retirees. • Minor changes to assumptions made with respect to missing participant data. Changes in Plan Provisions: • The workers’ compensation offset for disability benefits was eliminated. The actuarial equivalent factors updated to reflect the changes in assumptions. 84 City of Eden Prairie, Minnesota Notes to Financial Statements Police and Fire Fund Changes in Actuarial Assumptions: • None Changes in Plan Provisions: • The State contribution of $9.0 million per year will continue until the earlier of 1) both the Police & Fire Plan and the State Patrol Retirement Fund attain 90 percent funded status for three consecutive years (on an actuarial value of assets basis) or 2) July 1, 2048. The contribution was previously due to expire after attaining a 90 percent funded status for one year. • The additional $9.0 million contribution will continue until the Police & Fire Plan is fully funded for a minimum of three consecutive years on an actuarial value of assets basis, or July 1, 2048, whichever is earlier. This contribution was previously due to expire upon attainment of fully funded status on an actuarial value of assets basis for one year (or July 1, 2048 if earlier). Discount Rate The discount rate used to measure the total pension liability in 2024 was 7.0 percent. The projection of cash flows used to determine the discount rate assumed that contributions from plan members and employers will be made at rates set in Minnesota Statutes. Based on these assumptions, the fiduciary net position of the General Employees and Police and Fire Funds were projected to be available to make all projected future benefit payments of current plan members. Therefore, the long-term expected rate of return on pension plan investments was applied to all periods of projected benefit payments to determine the total pension liability. Pension Liability Sensitivity The following presents the City’s proportionate share of the net pension liability for all plans it participates in, calculated using the discount rate disclosed in the preceding paragraph, as well as what the City’s proportionate share of the net pension liability would be if it were calculated using a discount rate one percentage point lower or one percentage point higher than the current discount rate: 1% Lower 6.00% 19,562,399$ 6.00% 22,271,480$ Current Discount Rate 7.00%8,956,483$ 7.00%9,424,309$ 1% Hi gher 8.00%232,149$ 8.00%(1,125,909)$ Sensitivity Analysis (In Thousands) Net Pension Liability (Asset) at Different Disount Rates General Employees Fund Police and Fire Fund 85 City of Eden Prairie, Minnesota Notes to Financial Statements Pension Plan Fiduciary Net Position Detailed information about each pension plan’s fiduciary net position is available in a separately issued PERA financial report that includes financial statements and required supplementary information. That report may be obtained on the Internet at www.mnpera.org. Public Employees Defined Contribution Plan Five council members are covered by the Defined Contribution Plan, a multiple-employer deferred compensation plan administered by PERA. The Defined Contribution Plan 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 time of withdrawal. Plan benefits depend solely on amounts contributed to the plan plus investment earnings, less administrative expenses. Minnesota Statutes, Chapter 353D and 356, specifies plan provisions, including the employee and employer contribution rates for those qualified personnel who elect to participate. An eligible elected official who decides to participate contributes five percent of salary which is matched by the elected official's employer. For salaried employees contributions must be a fixed percentage of salary. Employees who are paid for their services may elect to make member contributions in an amount not to exceed the employer share. Employer and employee contributions are combined and used to purchase shares in one or more of the seven accounts of the Minnesota Supplemental Investment Fund. For administering the plan, PERA receives two percent of employer contributions and twenty-five hundredths of one percent (0.25 percent) of the assets in each member's account annually. Total contributions made by the City during fiscal year 2024 were: Defined Benefit Pension Plans – Volunteer Fire Fighter’s Relief Association Plan Description Firefighters of the City of Eden Prairie are members of the Eden Prairie Firefighter Relief Association. The Association is the administrator of the single-employer defined benefit pension plan available to firefighters. The plan was established in 1968 and operates under the provisions of Minnesota Statutes Chapter 424A, which grants the authority to establish and amend the benefit terms the Association’s Board. The plan is funded by contributions from the City and 2% fire aid from the State of Minnesota. The Association is governed by a board of nine members. Six of the Board Members are elected by the members of the Association for three-year terms and a City Council Member, City Finance Director, and the Fire Chief are appointed as ex officio voting members. Employee Employer Employee Employer 3,533$ 3,533$ 5.0% 5.0%5.0% Amount % of Covered Payroll Required Rates 86 City of Eden Prairie, Minnesota Notes to Financial Statements As of December 31, 2023 membership data related to the Association was as follows: 92 active plan participants, 19 terminated employees entitled to but not yet receiving benefits, and 102 retirees and beneficiaries currently receiving benefits. Benefits Provided Each member who is at least 50 years of age, has separated from active service with the Eden Prairie Fire Department (the "Fire Department"), has served at least 10 years of active service with such department before retirement and has been a member of the Association in good standing for at least 10 years prior to such retirement. Upon retirement, an irrevocable election for one of the following two plan options must be made. • Monthly Service Pension – Each eligible member electing this plan is entitled to receive a monthly service pension calculated by multiplying $56 times each year that member has been an active firefighter in the Fire Department and member in good standing of the Relief Association, up to a maximum pension of $1,792 per month. • Lump Sum Service Pension – each eligible member electing this plan is entitled to receive a one-time lump sum service pension equivalent to the base sum amount of $12,400 multiplied by the total number of years of active service. A member of the Association, who has performed active service of ten (10) years or more but has not reached the age of fifty (50) years, shall be placed on the deferred pension roll of the Association. After they have reached the age of fifty (50) years, the Association shall, upon their application therefore, pay their pension from the date the application is approved by the Association. Minnesota Statutes provide for the payment of a supplemental benefit equal to 10% of a regular lump sum distribution, up to a maximum of $1,000. In the event of the death of an active or deferred member of the Association, the surviving spouse, if any, shall be paid 100% of the lump sum benefit for each year of service. If such member who has no surviving spouse leaves a surviving child or children, such child or children as a group shall be paid 100% of the lump sum benefit for each year of active service. If such member has no spouse and no surviving children but has a designated beneficiary on file, such beneficiary shall be paid 100% of the lump sum benefit for each year of active service. If such member has no spouse, no surviving children, and no designated beneficiary, the member's estate shall be paid 100% of the lump sum benefit. Such death benefits are payable without regard to minimum or partial vesting requirements. If an active member dies before completing one year of active service, the Association shall pay a death benefit to his or her surviving spouse, surviving children or designated beneficiary on file in the same order and procedure as describe above of $10,000. 87 City of Eden Prairie, Minnesota Notes to Financial Statements In the event of the death of a retired member of the Association, the surviving spouse, if any, shall be paid until death or remarriage of the surviving spouse, monthly, two-thirds of the monthly service pension for each year of active service. If such member leaves a surviving child or children in the addition to a spouse, such child, or children, in the aggregate, shall be paid, monthly, the sum of one-third of the monthly service pension. If such member is survived only by a child or children, such child, or children, in the aggregate, shall be paid, monthly, the sum of 100% of the monthly service pension for each year of active service. A member, who is disabled with a fire service-related disability, shall be eligible to collect a disability benefit. The member shall be eligible to receive the disability benefit immediately upon approval of the board of trustees. The disability benefit amount shall be equal to the service pension amount in effect on the date of the disability for each year of active service. A member must apply for and meet all the requirements for disability as defined in the bylaws in order to receive such benefits. A member currently receiving a disability benefit shall receive all approved increases in the monthly service pension applicable to that member's number of years of active firefighting service. These benefit provisions may be amended by a favorable vote of two-thirds of members present and voting, provided a quorum exists at any regular or special meeting. This benefit amendment must also be ratified by the City Council. Contributions Contributions by the City are determined in accordance with Minnesota Statutes as follows: Contributions totaling $0 were made by the City and $665,703 by the State of Minnesota, in accordance with state statute requirements for the year ended December 31, 2024. Pension Costs At December 31, 2024, the City reported $2,395,690 for the Association’s net pension asset. The net pension asset was measured as of December 31, 2023, and the total pension asset used to calculate the net pension asset was determined by an actuarial valuation as of January 1, 2024. As a result of its requirement to contribute to the Relief Association, the City recognized fire pension expense of 39,563 for the year ended December 31, 2024. At December 31, 2024, the City reported deferred outflows of resources and deferred inflows of resources from the following sources: 88 City of Eden Prairie, Minnesota Notes to Financial Statements The City contributions to the Association subsequent to the measurement date of $665,703, reported as deferred outflows of resources, will be recognized as an addition of the net pension asset in the year ended December 31, 2024. Other amounts reported as deferred outflows and inflows of resources related to the Association’s pension will be recognized in pension expense as follows: Actuarial Assumptions The actuarial total pension liability was determined as of December 31, 2023, using the following actuarial assumptions, applied to all periods included in the measurement: Deferred Outflow of Resources Deferred Inflow of Resources Liability Losses 40,071$ -$ Changes in Actuarial Assumptions - - Investment Losses 1,279,673 - City Contributions Subsequent to the Measurement Date 665,703 - Total 1,985,447$ -$ Year Ended Dec 31: Pension Expense Amount 2025 260,383$ 2026 598,919 2027 766,126 2028 (305,684) 1,319,744$ Valuation Date 1/1/24 Actuarial Cost Method Entry Age Normal Amortization Method Level Dollar Closed Actuarial Assumptions: Discount Rate 5.50% Investment Rate of Return 5.50% 20-Year Municipal Bond Yield N/A Age of Service Retirement Later of Age 50 or 10 years of service Mortality RP-2014 table with MP-2021 Improvement Scale Disability Rate as a percent by age: Age 20: 0.08% Age 30: 0.08% Age 40: 0.20% Age 50: 0.49% 89 City of Eden Prairie, Minnesota Notes to Financial Statements The long-term expected rate of return on pension plan investments was determined using a building-block method in which best-estimates of expected future real rates of return (expected returns, net of pension plan investment expense and inflation) are developed for each major asset class. These asset class estimates are combined to produce the portfolio long-term expected rate of return by weighting the expected future real rates of return by weighting the expected future real rates of return by the current asset allocation percentage (or target allocation, if available) and by adding expected inflation. Best estimates of geometric real and nominal rates of return for each major asset class included in the pension plan's asset allocation are summarized in the following table: Discount Rate The discount rate used to measure the total pension liability was 5.5%. Assets were projected using expected benefit payments and expected asset returns. Expected benefit payments by year were discounted using the expected assets return assumption for years in which the assets were sufficient to pay all benefit payments. Any remaining benefit payments after the trust fund is exhausted are discounted at the municipal bond rate of return. The equivalent single rate is the discount rate. Based on those assumptions, the pension plan's fiduciary net position was projected to be available to make all projected future benefit payments of current plan members. Pension Liability Sensitivity The following presents the City of Eden Prairies proportionate share of the net pension liability of the Association, calculated using the discount rate of 5.50%, as well as what the Association’s net pension liability would be if it were calculated using a discount rate that is one percentage point lower (4.50%) or one percentage point higher (6.50%) than the current rate: Asset Class Expected Portfolio W ei ght Long-Term Expected Nominal Rate of Return Cash 3.0%2.0% Fixed Income 35.0%3.2% Equities 54.0%7.4% Ot her 8.0%5.5% Total Portfolio 100.0%5.5% Age 55: 0.59% 25% of active disabilities are assumed to be in the line of duty or fire-service related. Withdrawal Service 0-4 years: 7% Service 5-9 years: 5% Service 10+ years: 10% Percent Married 85% Age Difference 3 Years Form of Payment 50% Annuity (J&S if married), 50% Lump Sum 90 City of Eden Prairie, Minnesota Notes to Financial Statements Plan’s Fiduciary Net Position Detailed information about the Plan’s fiduciary’s net position is available in a separately-issued report. That report may be obtained by writing to Eden Prairie Firefighter’s Association, 14800 Scenic Heights Rd., Eden Prairie, MN 55344 or by calling (952)949-8367. Information about the changes in the Plan’s net pension liability (asset) is as follows: 1% Decr ease Selected Discount Rate 1% I ncr ease Net Pension Liability (Asset)(180,892)$ (2,395,690)$ (4,241,983)$ Discount Rate 4.50%5.50%6.50% 2023 2022 Total Pension Liability Ser vi ce Cost 485,646$ 473,801$ I nt er est 1,103,799 1,103,831 Di ffer ences Bet ween Expect ed and Act ual Exper i ence 60,107 - Changes of Assumptions - - Changes of Benefi t Ter ms - - Benefit Payments, Including Member Conribution Refunds (1,440,531) (1,739,601) Net Change in Total Pension Liability 209,021$ (161,969)$ Total Pension Liability - Beginning 20,303,686$ 20,465,655$ Total Pension Liability - Ending (a)20,512,707$ 20,303,686$ Plan Fiduciary Net Position Municipal Contributions -$ 32,827$ State Contributions 603,218 546,833 Net Investment Income 2,665,542 (3,948,288) Benefi t Payment s (1,440,531) (1,739,601) Administrative Expenses (26,572) (31,081) Other Changes - - Net Change in Fiduciary Net Position 1,801,657$ (5,139,310)$ Fiduciary Net Position - Beginning 21,106,740$ 26,246,050$ Fiduciary Net Position - Ending (b)22,908,397$ 21,106,740$ Association's Net Pension Liability/(Asset) - Ending (a) - (b)(2,395,690)$ (803,054)$ 91 City of Eden Prairie, Minnesota Notes to Financial Statements Note 9—Other Post-Employment Benefits Plan Plan Description The City's single-employer defined benefit OPEB plan provides OPEB for all permanent full-time employees of the City. The City’s OPEB Plan is administered by the City. The City does not issue a separate report and is not administered through a trust or equivalent arrangement and thus there are no assets accumulated in a GASB-compliant trust. Benefits Provided All retirees of the City have the option under state law to continue their medical insurance coverage through the City from the time of retirement until the employee reaches the age of eligibility for Medicare. For members of all employee groups, the retiree must pay the full premium to continue coverage for medical and dental insurance. The City is legally required to include any retirees for whom it provides health insurance coverage in the same insurance pool as its active employees, whether the premiums are paid by the City or the retiree. Consequently, participating retirees are considered to receive a secondary benefit known as an “implicit rate subsidy.” This benefit relates to the assumption that the retiree is receiving a more favorable premium rate than they would otherwise be able to obtain if purchasing insurance on their own, due to being included in the same pool with the City’s younger and statistically healthier active employees. Employees Covered by Benefit Terms At January 1, 2024, membership included 15 retirees and others currently receiving benefits, 4 spouses receiving payments and 282 active plan members. Contributions All post-employment benefits are based on contractual agreements with employee groups. These contractual agreements do not include any specific contribution or funding requirements. Gener al Empl oyees Pl an Police and Fire Fi r e Rel i ef Total Pension Expense $ 399,508 $ 1,740,960 $ (39,563) $ 2,100,905 Net Pensi on Asset - - 2,395,690 2,395,690 Net Pension Liability 8,956,483 9,424,309 - 18,380,792 Defer r ed Out fl ows 1,741,717 15,070,037 1,985,447 18,797,201 Defer r ed I nfl ows 6,183,937 17,238,305 - 23,422,242 92 City of Eden Prairie, Minnesota Notes to Financial Statements Total OPEB Liability The City's total OPEB liability was measured as of January 1, 2024, and was determined by an actuarial valuation as of that date. The Health & Benefits and Enterprise Funds typically liquidate the liability related to OPEB. Actuarial Assumptions The total OPEB liability in the January 1, 2024, actuarial valuation was determined using the following actuarial assumptions, applied to all periods included in the measurement, unless otherwise specified: Inflation 2.5% Salary Increases Service graded table Healthcare cost trend rates 6.50% as of January 1, 2024 grading to 5.00% over 6 years and then to 4.00% over the next 48 years Mortality rates were based on the Pub-2010 Public Retirement Plans Headcount-Weighted Mortality Tables (General, Safety) with MP-2021 Generational Improvement Scale. Discount Rate The discount rate used to measure the total OPEB liability was 3.7%. Since the plan is not funded by a trust, the discount rate is equal to the 20-year Municipal Bond Yield. Changes in the Total OPEB Liability Sensitivity of the Total OPEB Liability to Changes in the Discount Rate The following presents the total OPEB liability of the City, as well as what the City's total OPEB liability would be if it were calculated using a discount rate that is 1% point lower (2.7%) or 1% point higher (4.7%) than the current discount rate: Total OPEB Liability Balances at 12/31/2023 $2,997,194 Changes for the Year: Service Cost 129,546 Interest 121,443 Changes of Assumptions 131,774 Difference between Expected and Actual (436,069) Benefit Payments (183,115) Net Changes (236,421) Balances at 12/31/2024 $2,760,773 1% Decrease Discount Rate 1% Increase (2.7)% (3.7)% (4.7)% Total OPEB Liability 3,028,712$ 2,760,773$ 2,524,317$ 93 City of Eden Prairie, Minnesota Notes to Financial Statements Sensitivity of the Total OPEB Liability to Changes in the Healthcare Cost Trend Rates The following presents the total OPEB liability of the City, as well as what the City's total OPEB liability would be if it were calculated using healthcare cost trend rates that are 1% point lower (5.50% decreasing to 4%) or 1% point higher (7.50% decreasing to 6%) than the current healthcare cost trend rates: OPEB Expense and Deferred Outflows of Resources and Deferred Inflows of Resources Related to OPEB For the year ended December 31, 2024, the City recognized OPEB expense of $188,401. At December 31, 2024, the City reported deferred outflows and inflows of resources related to OPEB from the following sources: The City’s contributions subsequent to the measurement date of $135,243, reported as deferred outflows of resources, will be recognized as a reduction of the total OPEB liability in the City’s fiscal year ended December 31, 2025. Other amounts reported as deferred inflows of resources related to OPEB will be recognized in OPEB expense as follows: 1% Decrease (5.50% decreasing to 4%) Healthcare Cost Trend Rates (6.50% decreasing to 5%) 1% Increase (7.50% decreasing to 6%) Total OPEB Liability 2,475,876$ 2,760,773$ 3,096,820$ Deferred Outflows of Resources Deferred Inflows of Resources Contributions Subsequent to the Measurement Date 135,243$ -$ Difference Between Expected and Actual 440,168 460,078 Change in Assumptions 251,804 654,541 Total 827,215$ 1,114,619$ OPEB Year Ended December 31:Expense 2025 (62,588)$ 2026 (62,588) 2027 (51,029) 2028 (42,567) 2029 (63,407) Thereafter (140,468) (422,647)$ 94 City of Eden Prairie, Minnesota Notes to Financial Statements Note 10—Long Term Debt Bonds The City issues general obligation bonds to provide funds for the acquisition and construction of major capital facilities. General obligation bonds have been issued for both governmental and business-type activities. General obligation bonds are direct obligations and pledge the full faith and credit of the City. The City also issues assessment debt with governmental commitment to provide funds for the construction of streets and utilities. These bonds will be repaid from amounts levied against the property owners benefited by this construction. In the event that a deficiency exists because of unpaid or delinquent assessments at the time a debt service payment is due, the City must provide resources to cover the deficiency until other resources are received. Assessment debt with governmental commitment has been issued for governmental activities. The City also issues tax abatement bonds. These bonds and interest thereon are payable from abatements collected from certain property in the City. If abatement revenues are insufficient to meet principal and interest due, the City is required to levy ad valorem taxes without limit as to rate or amount on all taxable property in the City to make up the deficiency. Bonds currently outstanding (in thousands of dollars) are as follows: 95 City of Eden Prairie, Minnesota Notes to Financial Statements Annual debt service requirements to maturity for governmental and business-type activity bonds (in thousands of dollars) are as follows: 2024 Due Issue Interest Original Amount Within Date Rates Issue Maturities Outstanding One Year Governmental Activity Long-term Liabilities General Obligation Bonds G.O. Refunding Bonds 2020A 10/28/20 0.85% 6,081$ 2025 1,239$ 1,239$ Assess Debt With Govt Commit G.O. Bonds of 2016A 12/29/16 2.30-3.00% 2,360 2032 820 105 G.O. Refunding Bonds 2020A 10/28/20 0.85% 1,336 2025 271 271 Tax Abatement Bonds G.O. Tax Abatement Bonds 2021A 12/08/21 2.00-4.00% 11,940 2035 10,355 720 Total Governmental Activity 12,685 2,335 Unamortized Bond Premiums 1,026 - Other Long-term Liabilities Finance Purchases Turn out gear 01/12/22 2.32% 381 2027 234 76 Total Finance Purchases 234 76 Lease Liability 52 24 Subscription Liability 677 193 Compensated Absences 2,762 1,343 Total Long-term Liabilities 17,436$ 3,971$ Business Type Activitiy Long-term Liabilities G.O. Bonds of 2016A 12/29/16 2.30-3.00% 1,580 2027 525 170 G.O. Water Bonds 2019A 12/05/19 2.00-3.00% 4,920 2039 3,930 215 G.O. Water Bonds 2021A 12/08/21 2.00-4.00% 5,420 2037 4,875 300 Total Business Type Activity 11,920 9,330 685 Unamortized Bond Premiums 552 Other Long-term Liabilities Lease Liability 971 188 Compensated Absences 461 224 Total Long-term Liabilities 11,314$ 1,097$ 96 City of Eden Prairie, Minnesota Notes to Financial Statements Finance Purchases From Direct Borrowing In January 2022, the City entered into a financing agreement for the purchase of turn out gear for the Fire department. Payment terms have an interest rate of 2.32% and mature in January 2027. Upon payment in full of the scheduled debt payments, the lessor’s interest in the equipment is Years Ending 12/31 Principal Interest Principal Interest Principal Interest 2025 1,239$ 11$ 376$ 22$ 720$ 316$ 2026 - - 105 17 755 286 2027 - - 105 14 775 256 2028 - - 105 12 800 224 2029 - - 100 9 1,135 185 2030 - - 100 7 955 144 2031 - - 100 4 995 110 2032 - - 100 1 1,025 79 2033 - - - - 1,050 53 2034 - - - - 1,060 32 2035 - - - - 1,085 11 Total 1,239$ 11$ 1,091$ 86$ 10,355$ 1,696$ Governmental Assessment Debt with Govt Commitment G.O.Bonds Improv Bonds Tax Abatement Bonds Years Ending 12/31 Principal Interest Principal Interest Principal Interest Principal Interest Principal Interest 2025 76$ 5$ 24$ 1$ 193$ 42$ 685$ 249$ 188$ 29$ 2026 78 4 23 1 174 30 710 226 206 22 2027 80 2 5 1 129 19 735 202 216 15 2028 - - - - 143 10 575 180 207 8 2029 - - - - 38 1 595 159 122 3 2030 - - - - - - 615 137 32 1 2031 - - - - - - 640 117 - - 2032 - - - - - - 660 100 - - 2033 - - - - - - 675 84 - - 2034 - - - - - - 685 70 - - 2035 - - - - - - 700 56 - - 2036 - - - - - - 715 41 - - 2037 - - - - - - 735 26 - - 2038 - - - - - - 300 15 - - 2039 - - - - - - 305 7 - - Total 234$ 11$ 52$ 3$ 677$ 102$ 9,330$ 1,669$ 971$ 78$ Lease Liability Governmental Business Type Lease LiabilityFinance Purchases Revenue BondsSubscription Liability 97 City of Eden Prairie, Minnesota Notes to Financial Statements transferred to the City, free and clear of any right or interest of the lessor. The General Fund will be used to liquidate this liability. In 2020, the City entered into a financing agreement for the purchase of tasers for the Police department. Payment terms have an interest rate of 3.25% and mature in 2024. Upon payment in full of the scheduled debt payments, the lessor’s interest in the equipment is transferred to the City, free and clear of any right or interest of the lessor. The General Fund will be used to liquidate this liability. Lease Liabilities The City, as lessee, entered into long-term, non-cancellable lease agreements for copy machines and building space for its municipal liquor stores. The copy machine leases are a five-year term with the latest expiration in 2027. The liquor building leases are a ten-year term with the latest expiration in 2030. The interest and discount rate for leases ranges from 3.25% to 3.5%. Variable payments of $223,938 were made during 2024 for copy machine maintenance and common area maintenance at municipal liquor stores. These variable payments are not included in the lease liability. The total of the City’s lease assets and accumulated amortization are $1,590,993 and $651,530, respectively, and may be found in Note 4. Subscription Liabilities The City entered into long-term, non-cancellable subscription-based technology arrangements for payroll and time keeping, fleet maintenance, police body cameras, emergency citizen alerts, email and City website hosting, and City meeting video streaming. The subscriptions range from three year to eight-year terms with the latest expiration date in 2029. The interest and discount rate ranges from 3.5% to 7.3%. Variable payments of $24,284 were made during 2024 for employee email licenses, payroll, and time keeping. These variable payments are not included in the subscription liability. The total of the City’s subscription assets and accumulated amortization are $1,293,085 and $565,280, respectively, and may be found in Note 4. 98 City of Eden Prairie, Minnesota Notes to Financial Statements Changes in Long Term Debt Long-term debt activity for the year ended December 31, 2024, (in thousands of dollars) was as follows: For the governmental activities, the finance purchases payable are generally paid with unassigned fund balances within the General fund. There are a number of limitations and restrictions contained in the various bond indentures. The City is in compliance with all significant limitations and restrictions. Call provisions are applicable to certain general obligation and special assessment bond issues. Note 11—Risk Financing and Related Insurance Issues The City is exposed to various risk of loss related to torts; thefts of, damage to and destruction of assets; errors and omissions; injuries to employees; and natural disasters. In order to protect against these risks of loss, the City purchases commercial insurance through the League of Minnesota Cities Insurance Trust, a public entity risk pool, for property insurance and workers compensation. This pool currently operates as a common risk management and insurance program for municipal entities. The City pays an annual premium to the League for its insurance coverage. The League of Minnesota Cities Insurance Trust is self-sustaining through commercial companies for excess claims. The City is covered through the pool for any claims incurred but Beginning Ending Balance Additions Reductions Balance Governmental Activity G.O. Bonds 2,455$ -$ 1,216$ 1,239$ Assess. Debt With Govt Commitment Improvement Bonds 1,589 - 498 1,091 Tax Abatement Bonds 11,185 - 830 10,355 Issuance Premium/Discount 1,139 - 113 1,026 Total Bonds 16,368 - 2,657 13,711 Lease Liability 76 - 24 52 Subscription Liability 842 129 294 677 Liabilities for Compensated Absences 2,455 2,572 2,265 2,762 Finance Purchases 326 - 92 234 Total 20,067$ 2,701$ 5,332$ 17,436$ Business Type Activity Revenue Bonds 9,995$ -$ 665$ 9,330$ Issuance Premium/Discount 605 - 53 552 Total Bonds 10,600 - 718 9,882 Lease Liability 1,151 - 180 971 Liabilities for Compensated Absences 439 398 376 461 Total 12,190$ 398$ 1,274$ 11,314$ 99 City of Eden Prairie, Minnesota Notes to Financial Statements unreported, however, retains risk for the deductible portion of its insurance policies. The amount of these deductibles is considered immaterial to the financial statements. During the year ended December 31, 2024, there were no significant reductions in insurance coverage from the prior year. Settled claims have not exceeded the City’s commercial coverage in any of the past three years. The City uses its Dental Insurance Internal Service Fund to account for and finance its self-insured risk of loss for an employee dental plan. The dental plan is funded by the City, employee contributions, and investment earnings. The claims liability is included in the liabilities of the Dental Insurance Internal Service Fund at December 31, 2024, and is based on the requirement that a liability for claims be reported if information prior to issuance of the financial statements indicates that it is probable that a liability has been incurred on the date of the financial statements and the loss can be reasonably estimated. Note 12—Contingencies The City has been named in various legal actions. At the present time, there is no significant litigation pending that would cause a material effect on the financial statements if unfavorable rulings would result. While it is not possible to provide any probability of success or estimate of potential loss in defending any of these legal actions, the City expects to contest the allegations vigorously and does not believe these actions will have a material effect on the financial statements. A potential claim may be asserted against the City arising out of its membership in the Western Area Firing Training Academy (WAFTA). WAFTA is a joint powers entity consisting of 11 member cities that was formed in 1974 to purchase property to be used and operated as a fire training facility. In the late 1980’s, WAFTA became aware that the site was contaminated. Since that time, WAFTA has been working with the Minnesota Pollution Control Agency (MPCA) and other responsible parties to address the contamination issues on the site. At this time, there is not an estimated dollar amount of the cost to remediate the site nor has a claim been asserted against WAFTA or the City. 2023 2024 Unpaid Claims at Beginning of Year -$ 6,348$ Incurred Claims 253,472 274,364 Premiums and Settlements (247,124) (275,996) Unpaid Claims at End of Year 6,348$ 4,715$ 100 City of Eden Prairie, Minnesota Notes to Financial Statements Note 13—Contract Commitments At December 31, 2024, the City had commitments on various capital projects. These commitments totaled approximately $20,159,677. The breakdown by fund is shown below. Note 14—Conduit Debt Obligations To further economic development in the City, the City has issued bonds that provide capital financing to private-sector entities for the acquisition and construction of industrial and residential facilities. The properties financed are pledged as collateral, and the bonds are payable solely from payments received from the private-sector entities on the underlying mortgage or promissory notes. In addition, no commitments beyond the collateral, the payments from the private-sector entities, and maintenance of the tax-exempt status of the conduit debt obligation were extended by the City for any of those bonds. At December 31, 2024 the bonds have an aggregate outstanding principal amount payable of $19,415,000. Note 15—Tax Abatements The City enters into property tax abatement agreements through the use of tax increment financing districts with local businesses under various Minnesota Statutes. Under these statutes the City annually abates taxes collected above the districts’ base tax capacity which is established during adoption of the tax increment district. These agreements are established to foster economic development and redevelopment through creating jobs, removing blight and providing affordable housing. The City uses Minnesota Statutes 469.001 to 469.047 and 469.174 to 469.179 (The Tax Increment Act) to create these districts. Fund Total General 429,189$ Public Improvement Construction 731,554 Capital Improvement Maintenance 2,451,868 Park Improvement 484,819 Pavement Management 179,414 Economic Development 78,259 Transportation 248,602 Dell Rd 163,552 Wastewater 3,161,318 Stormwater 537,905 Internal Service 11,693,197 20,159,677$ 101 City of Eden Prairie, Minnesota Notes to Financial Statements For the fiscal year ended December 31, 2024, the City has one agreement established under Minnesota Statute 469.001 to 469.047 which resulted in property taxes totaling $266,211 being abated. The agreement is a pay as you go note to convert substandard property into an office and retail complex. For the fiscal year ended December 31, 2024, the City has seven agreements established under Minnesota Statute 469.174 to 469.179 (The Tax Increment Act) which resulted in property taxes totaling $2,794,348 being abated. The following agreements each exceeded 10 percent of the total amount abated, during the year: • A pay as you go note to finance the cost of a senior rental housing project that provides housing in part for persons or families with low to moderate income. The abatement amount was $607,975. • A pay as you go note to finance the cost of a rental apartment project that provides housing in part for persons or families with low to moderate income. The abatement amount was $368,159. • A pay as you go note to finance the cost of a rental housing project that provides housing in part for persons or families with low to moderate income. The abatement amount was $675,352. • A pay as you go note to finance the cost of a rental housing project that provides housing in part for persons or families with low to moderate income. The abatement amount was $775,696. 102 City of Eden Prairie, Minnesota Notes to Financial Statements Note 16—Fund Balance Classification At December 31, 2024, a summary of the governmental fund balance classifications are as follows: Public Capital Other Improvement Improvement Govt General Construction Maintenance Funds Total Nonspendable: Prepaid Items 105,900$ -$ 2,760$ -$ 108,660$ Cemetery Perpetual Care - - - 211,169 211,169 Total Nonspendable 105,900 - 2,760 211,169 319,829 Restricted for: Debt Service - - - 2,743,594 2,743,594 Affordable Housing - - - 273,940 273,940 Park Dedication Fees - - - 2,560,534 2,560,534 Franchise Fee - - - 502,248 502,248 Grants - - - 82,271 82,271 Cemetery - - - 442,657 442,657 Police - - - 532,852 532,852 Recycling - - - 170,620 170,620 Historical and Cultural - - - 13,616 13,616 Tax Increment - - - 4,256,219 4,256,219 - - - 11,578,551 11,578,551 Assigned to: Capital Projects - - 30,368,320 6,299,960 36,668,280 Improvement Projects - - - 9,024,204 9,024,204 Total Assigned - - 30,368,320 15,324,164 45,692,484 Unassigned:33,716,603 (337,647) - (83,666) 33,295,290 Total Fund Balance 33,822,503$ (337,647)$ 30,371,080$ 27,030,218$ 90,886,154$ 103 City of Eden Prairie, Minnesota Notes to Financial Statements Note 17— Correction of an Error in Previously Issued Financial Statements During the year ended December 31, 2024, The City determined that infrastructure assets related to a new development that were contributed by a private developer in the prior year were not reported. Therefore, capital assets were understated by $313,049 for the year ended December 31, 2024. In addition, water, wastewater and storm revenue from contributions was understated by $313,049 for the year ended December 31, 2024. The effect of correcting that error is shown in the table below. Note 18—Subsequent Events On February 18, 2025, the City issued $24,760,000 of G.O. Capital Improvement Bonds, Series 2025A. The bonds bear interest at a rate of 4.0%-5%, with a maturity in 2046. The proceeds will be used for the Police Remodel. On October 1, 2024 the City entered into a new police body camera subscription-based technology arrangement effective for years 2025-2029. The estimated subscription liability for the five-year term is $464,010. 12/31/2023 As Previously Error 12/31/2023 Reported Correction As Restated Government-Wide Business-Type Activities 144,527,390$ 313,049$ 144,840,439$ Total Primary Government 144,527,390$ 313,049$ 144,840,439$ Proprietary Funds Water 67,832,800$ 51,229$ 67,884,029$ Wastewater 41,574,452 93,106 41,667,558 Storm 31,635,213 168,714 31,803,927 Total Proprietary Funds 141,042,465$ 313,049$ 141,355,514$ 104 REQUIRED SUPPLEMENTARY INFORMATION 105 City of Eden Prairie, Minnesota Required Supplemental Information Modified Approach for Infrastructure Assets Condition Rating of the City’s Street System: Comparison of Needed-to-Actual Maintenance/Preservation: The condition of road pavement is measured using Good Pointe’s Icon pavement management system. Pavements in the City of Eden Prairie are visually inspected using the Paver-based Pavement Condition Index (PCI) methodology. The methodology is based on a numeric rating system ranging from 100 for a newly surfaced pavement to 0 for a failed pavement. The condition index is used to classify roads in excellent condition (85-100), very good condition (70-84), good condition (55-69), fair condition (40-54), poor condition (25-39), very poor condition (10-24) and failed condition (0-9). It is the City’s policy to maintain an average PCI of 70 percent. Average PCI 2022 85.3% 2019 84.4% 2016 76.9% 2013 79.7% 2010 81.1% 2007 82.3% 2024 2023 2022 2021 2020 Budget 5,020,000$ 4,860,500$ 5,050,500$ 3,735,500$ 2,949,500$ Actual 4,699,229 4,755,130 6,008,581 3,562,681 4,154,944 Difference (320,771)$ (105,370)$ 958,081$ (172,819)$ 1,205,444$ 106 City of Eden Prairie, Minnesota Required Supplemental Information Other Post-Employment Benefits Plan Schedule of Changes in the City’s Total OPEB Liability and Related Ratios Last 10 Fiscal Years Less than ten years is presented due to information not available. Will add additional years as they become available. January 1, 2024 January 1, 2023 January 1, 2022 Total OPEB Liability Service Cost 129,546$ 118,766$ 162,530$ Interest 121,443 70,733 64,120 Changes in Plan - - 18,823 Difference Between Expected and Actual Experience (436,069) - 704,273 Changes of Assumptions 131,774 (515,195) (392,033) Benefit Payments (183,115) (189,099) (177,557) Net Change in Total OPEB Liability (236,421) (514,795) 380,156 Total OPEB Liability - Beginning 2,997,194 3,511,989 3,131,833 Total OPEB Liability - Ending 2,760,773$ 2,997,194$ 3,511,989$ Total OPEB Liability 2,760,773$ 2,997,194$ 3,511,989$ Covered Employee Payroll 27,544,337$ 24,873,052$ 24,148,594$ City's Total OPEB Liability as a Percentage of the Covered Employee Payroll 10.02%12.05% 14.54% Total OPEB Liability January 1, 2021 January 1, 2020 January 1, 2019 January 1, 2018 Service Cost Interest 192,408$ 160,108$ 135,751$ 143,922$ Changes in Plan 85,767 109,426 94,001 91,272 Difference Between Expected and Actual Experience - - 7,200 - Changes of Assumptions - (209,383) - - Benefit Payments 166,748 141,690 (92,512) - Net Change in Total OPEB Liability (155,238) (156,962) (118,903) (169,360) Total OPEB Liability - Beginning 289,685 44,879 25,537 65,834 Total OPEB Liability - Ending 2,842,148 2,797,269 2,771,732 2,705,898 3,131,833$ 2,842,148$ 2,797,269$ 2,771,732$ Total OPEB Liability 3,131,833$ 2,842,148$ 2,797,269$ 2,771,732$ Covered Employee Payroll 23,661,024$ 22,916,246$ 22,281,528$ 21,632,551$ City's Total OPEB Liability as a Percentage of the Covered Employee Payroll 13.24%12.40% 12.55% 12.81% 107 City of Eden Prairie, M innesota Required Supplemental Information Schedule of Proportionate Share of Net Pension Liability Public Employees General Employees Retirement Fund Last Ten Years* Fiscal Year Ending Employer's Proportion (Percentage) of the Net Pension Liability (Asset) Employer's Proportionate Share (Amount) of the Net Pension Liability (Asset) (a) State's Proportionate Share (Amount) of the Net Pension Liability Associated with the City (b) Employer's Proportionate Share of the Net Pension Liability and the State's Proportionate Share of the Net Pension Liability Associated with the City (a+b) Employer's Covered Employee Payroll** (c) Employer's Proportionate Share of the Net Pension Liability (Asset) as a Percentage of its Covered Employee Payroll ((a+b)/c) Plan Fiduciary Net Position as a Percentage of the Total Pension Liability June 30, 2015 0.2525%13,085,860$ -$ 13,085,860$ 14,836,066$ 88.20%78.2% June 30, 2016 0.2482%20,152,608 263,262 20,415,870 15,161,268 134.66%68.9% June 30, 2017 0.2536%16,189,657 203,595 16,393,252 16,339,119 100.33%75.9% June 30, 2018 0.2419%13,419,620 440,302 13,859,922 16,251,609 85.28%79.5% June 30, 2019 0.2365%13,075,555 406,316 13,481,871 16,728,911 80.59%80.2% June 30, 2020 0.2422%14,520,997 447,832 14,968,829 17,272,920 86.66%79.1% June 30, 2021 0.2450%10,462,598 319,529 10,782,127 17,628,443 61.16%87.0% June 30, 2022 0.2438%19,309,040 565,976 19,875,016 18,207,196 109.16%76.7% June 30, 2023 0.2454%13,722,493 378,334 14,100,827 19,475,515 72.40%83.1% June 30, 2024 0.2423%8,956,483 231,596 9,188,079 20,493,276 44.83%89.1% * This schedule is provided prospectively beginning with the fiscal year ended December 31, 2015. **For purposes of this schedule, covered payroll is defined as "pensionable wages." 108 City of Eden Prairie, Minnesota Required Supplemental Information Schedule of Proportionate Share of Net Pension Liability Public Employees Police and Fire Fund Last Ten Years* Fiscal Year Ending Employer's Proportion (Percentage) of the Net Pension Liability (Asset) Employer's Proportionate Share (Amount) of the Net Pension Liability (Asset) (a) State Proportionate Share (Amount) of the Net Pension Liability Associated with the City City's Proportionate Share of the Net Pension Liability and the State's Proportionate Share of the Net Pension Liability Associated with the City Employer's Covered Employee Payroll** (b) Employer's Proportionate Share of the Net Pension Liability (Asset) as a Percentage of its Covered Employee Payroll (a/b) Plan Fiduciary Net Position as a Percentage of the Total Pension Liability June 30, 2015 0.7770%8,828,538$ N/A 8,828,538$ 7,116,963$ 124.05%86.6% June 30, 2016 0.7580%30,419,859 N/A 30,419,859 7,302,618 416.56%63.9% June 30, 2017 0.7510%10,139,393 N/A 10,139,393 7,706,718 131.57%85.4% June 30, 2018 0.7296%7,776,785 N/A 7,776,785 7,689,360 101.14%88.8% June 30, 2019 0.7299%7,770,523 N/A 7,770,523 7,702,165 100.89%89.3% June 30, 2020 0.7225%9,458,299 224,377 9,682,676 8,151,644 116.03%87.2% June 30, 2021 0.6933%5,289,145 240,567 5,529,712 8,522,492 62.06%93.7% June 30, 2022 0.7260%31,592,652 1,380,114 32,972,766 8,838,760 357.43%70.5% June 30, 2023 0.7200%12,433,464 500,827 12,934,291 9,377,957 132.58%86.5% June 30, 2024 0.7163%9,424,309 359,251 9,783,560 9,894,484 95.25%90.2% * This schedule is provided prospectively beginning with the fiscal year ended December 31, 2015. **For purposes of this schedule, covered payroll is defined as "pensionable wages." 109 City of Eden Prairie, Minnesota Required Supplemental Information Schedule of Proportionate Share of Net Pension Liability Eden Prairie Fire Relief - Last Ten Years* * This schedule is provided prospectively beginning with the fiscal year ended December 31, 2014. 2023 2022 2021 2020 2019 Total Pension Liability Ser vi ce Cost 485,646$ 473,801$ 507,405$ 495,029$ 485,127$ I nt er est 1,103,799 1,103,831 1,154,852 1,149,953 1,159,236 Di ffer ences Bet ween Expect ed and Act ual Exper i ence 60,107 - (546,930) - (27,803) Changes of Assumption - - (142,626) - (65,011) Changes of Benefi t Ter ms - - - - - Benefit Payments, Including Member Contribution Refunds (1,440,531) (1,739,601) (1,993,913) (1,142,660) (2,326,728) Net Change in Total Pension Liability 209,021 (161,969) (1,021,212) 502,322 (775,179) Total Pension Liability - Beginning 20,303,686 20,465,655 21,486,867 20,984,545 21,759,724 Total Pension Liability - Ending (a)20,512,707 20,303,686 20,465,655 21,486,867 20,984,545 Plan Fiduciary Net Position Municipal Contributions - 32,827 34,587 184,172 209,316 State Contributions 603,218 546,833 516,566 494,923 476,219 Net Investment Income 2,665,542 (3,948,288) 2,293,858 2,942,302 3,828,516 Benefi t Payment s (1,440,531) (1,739,601) (1,993,913) (1,142,660) (2,326,728) Administrative Expenses (26,572) (31,081) (21,360) (29,231) (29,062) Other Changes - - - - 680 Net Change in Fiduciary Net Position 1,801,657 (5,139,310) 829,738 2,449,506 2,158,941 Fiduciary Net Position - Beginning 21,106,740 26,246,050 25,416,312 22,966,806 20,807,865 Fiduciary Net Position - Ending (b)22,908,397 21,106,740 26,246,050 25,416,312 22,966,806 Association's Net Pension Liability/(Asset) Ending (a) - (b)(2,395,690)$ (803,054)$ (5,780,395)$ (3,929,445)$ (1,982,261)$ Fiduciary Net Position as a Percentage of the Total Pension Liability (b) / (a)111.68% 103.96% 128.24% 118.29% 109.45% Covered Payroll N/A N/A N/A N/A N/A Net Pension Liability/(Asset) as a Percentage of Covered Payroll N/A N/A N/A N/A N/A 2018 2017 2016 2015 2014 Total Pension Liability Ser vi ce Cost 498,110$ 485,961$ 434,587$ 449,426$ 413,646$ I nt er est 1,147,434 1,123,468 1,151,849 1,104,701 1,083,202 Di ffer ences Bet ween Expect ed and Act ual Exper i ence (29,793) - (233,976) - - Changes of Assumption 246,754 - 935,047 - - Changes of Benefi t Ter ms 338,844 - - - - Benefit Payments, Including Member Contribution Refunds (1,449,720) (1,084,111) (1,135,264) (1,270,544) (1,027,216) Net Change in Total Pension Liability 751,629 525,318 1,152,243 283,583 469,632 Total Pension Liability - Beginning 21,008,095 20,482,777 19,330,534 19,046,951 18,577,319 Total Pension Liability - Ending (a)21,759,724 21,008,095 20,482,777 19,330,534 19,046,951 Plan Fiduciary Net Position Municipal Contributions 523,283 387,665 388,664 398,395 488,073 State Contributions 457,741 448,846 448,848 437,948 414,343 Net Investment Income (1,274,855) 2,776,128 892,090 (393,362) 646,363 Benefi t Payment s (1,449,720) (1,084,111) (1,137,136) (1,270,544) (1,027,216) Administrative Expenses (30,772) (34,700) (56,576) (26,323) (37,158) Other Changes 254 671 4,426 - 81,893 Net Change in Fiduciary Net Position (1,774,069) 2,494,499 540,316 (853,886) 566,298 Fiduciary Net Position - Beginning 22,581,934 20,087,435 19,547,119 20,401,005 19,834,707 Fiduciary Net Position - Ending (b)20,807,865 22,581,934 20,087,435 19,547,119 20,401,005 Association's Net Pension Liability/(Asset) Ending (a) - (b)951,859$ (1,573,839)$ 395,342$ (216,585)$ (1,354,054)$ Fiduciary Net Position as a Percentage of the Total Pension Liability (b) / (a)95.63% 107.49% 98.07% 101.12% 107.11% Covered Payroll N/A N/A N/A N/A N/A Net Pension Liability/(Asset) as a Percentage of Covered Payroll N/A N/A N/A N/A N/A 110 City of Eden Prairie, Minnesota Required Supplemental Information Schedule of Contributions Public Employees General Employees Retirement Fund Last Ten Years* Year Ending Statutorily Required Contributions (a) Contributions in Relation to the Statutorily Required Contributions (b) Contribution Deficiency (Excess) (a-b) Covered Employee Payroll**(d) Contributions as a Percentage of Covered Employee Payroll (b/d) December 31, 2015 1,164,110$ 1,164,110$ -$ 15,528,311$ 7.50% December 31, 2016 1,157,735 1,157,735 - 15,436,692 7.50% December 31, 2017 1,199,292 1,199,292 - 15,990,664 7.50% December 31, 2018 1,231,656 1,231,656 - 16,470,531 7.48% December 31, 2019 1,286,909 1,286,909 - 17,163,209 7.50% December 31, 2020 1,290,562 1,290,562 - 17,207,493 7.50% December 31, 2021 1,345,713 1,345,713 - 17,940,189 7.50% December 31, 2022 1,399,316 1,399,316 - 18,672,879 7.49% December 31, 2023 1,520,244 1,520,244 - 20,098,678 7.56% December 31, 2024 1,577,927 1,577,927 - 21,080,176 7.49% * This schedule is provided prospectively beginning with the fiscal year ended December 31, 2015. **For purposes of this schedule, covered payroll is defined as "pensionable wages." 111 City of Eden Prairie, Minnesota Required Supplemental Information Schedule of Contributions Public Employees Police and Fire Fund Last Ten Years* Year Ending Statutorily Required Contributions (a) Contributions in Relation to the Statutorily Required Contributions (b) Contribution Deficiency (Excess) (a-b) Covered Employee Payroll** (d) Contributions as a Percentage of Covered Employee Payroll (b/d) December 31, 2015 1,215,450$ 1,215,450$ -$ 7,509,128$ 16.2% December 31, 2016 1,188,923 1,188,923 - 7,339,334 16.2% December 31, 2017 1,224,005 1,224,005 - 7,555,723 16.2% December 31, 2018 1,260,639 1,260,639 - 7,780,987 16.2% December 31, 2019 1,342,840 1,342,840 - 7,922,043 16.95% December 31, 2020 1,464,610 1,464,610 - 8,264,270 17.72% December 31, 2021 1,543,612 1,543,612 - 8,721,153 17.70% December 31, 2022 1,596,141 1,596,141 - 9,012,516 17.71% December 31, 2023 1,704,781 1,704,781 - 9,621,206 17.72% December 31, 2024 1,825,266 1,825,266 - 10,284,740 17.75% * This schedule is provided prospectively beginning with the fiscal year ended December 31, 2015. **For purposes of this schedule, covered payroll is defined as "pensionable wages." 112 City of Eden Prairie, Minnesota Required Supplemental Information Schedule of Contributions Eden Prairie Fire Relief Last Ten Years 2024 2023 2022 2021 2020 Statutorily Required Contribution -$ -$ 2,320$ 68,174$ 184,172 Contributions in Relation to Statutorily Required Contribution - - (2,320) (68,174) (184,172) Contribution Deficiency (Excess)-$ -$ -$ -$ -$ 2019 2018 2017 2016 2015 Statutorily Required Contribution 203,986 517,955$ 382,336$ 388,664$ 398,395$ Contributions in Relation to Statutorily Required Contribution (203,986) (517,955) (382,336) (388,664) (393,065) Contribution Deficiency (Excess)-$ -$ -$ -$ 5,330$ 113 City of Eden Prairie, Minnesota Notes to Required Supplemental Information Notes to Schedules of Changes in Net Pension Liabilities and Related Ratios Other Post-Employment Benefits Plan The City has no assets accumulated in a trust that meets the criteria in GASB 75.0 2024 Changes Changes in Plan Provisions: • There was a liability gain of $168,780 due to updated census data. • There was a liability gain of $267,289 due to claims and premiums lower than expected. Changes in Actuarial Assumptions: • The health care trend rates were changed to better anticipate short term and long-term medical increases. • The discount rate was changed from 4.00% to 3.70%. 2023 Changes Changes in Plan Provisions: • For the year ending December 31,2023: None. Changes in Actuarial Assumptions: • The discount rate was changed from 2.00% to 4.00% • The inflation rate was changed from 2.00% to 2.50%. 2022 Changes Changes in Plan Provisions: • There was a liability loss of $600,259 due to updated census data. • There was a liability loss of $104,014 due to claims and premiums higher than expected. • Per a special agreement, one retiree is receiving City paid medical and dental premiums until December 2023 or until they are eligible another employer’s health insurance coverage, whichever comes first. This change increased the liability $18,823. Changes in Actuarial Assumptions: • The health care trend rates were changed to better anticipate short term and long term medical increases. • The mortality tables were updated from the Pub-2010 Public Retirement Plans Headcount-Weighted Mortality Tables (General, Safety) with MP-2019 Generational Improvement Scale to the Pub-2010 Public Retirement Plans Headcount-Weighted Mortality Tables (General, Safety) with MP-2021 Generational Improvement Scale. • The salary increase rates were updated to reflect the latest experience study. • The retirement and withdrawal rates were updated to reflect the latest experience study. • The inflation rate was changed from 2.50% to 2.00%. • The subsidized benefit for one officer injured in the line of duty, who is age 60 as of the valuation date, is expected to end at age 65 instead of age 62. • The percent of future retirees electing coverage was lowered from 50% to 40%. 114 City of Eden Prairie, Minnesota Notes to Required Supplemental Information • These changes decreased the liability $392,033. 2021 Changes Changes in Actuarial Assumptions: • The discount rate was changed from 2.90% to 2.00%. 2020 Changes Changes in Actuarial Assumptions: • The health care trend rates, mortality tables, salary increase rates, and subsidy end date of one officer (age 58 as of the valuation date) injured in the line of duty were updated. • The discount rate was changed from 3.80% to 2.90%. 2019 Changes Changes in Plan Provisions: • Per a special agreement, one retiree received City paid medical and dental premiums for six months during 2019. Changes in Actuarial Assumptions: • The discount rate was changed from 3.30% to 3.80%. General Employees Fund 2024 Changes Changes in Actuarial Assumptions: • Rates of merit and seniority were adjusted, resulting in slightly higher rates. • Assumed rates of retirement were adjusted as follows: increase the rate of assumed unreduced retirements, slight adjustments to Rule of 90 retirement rates, and slight adjustments to early retirement rates for Tier 1 and Tier 2 members. • Minor increase in assumed withdrawals for males and females. • Lower rates of disability. • Continued use of Pub-2010 general mortality table with slight rate adjustments as recommended in the most recent experience study. • Minor changes to form of payment assumptions for male and female retirees. • Minor changes to assumptions made with respect to missing participant data. Changes in Plan Provisions: • The workers’ compensation offset for disability benefits was eliminated. The actuarial equivalent factors updated to reflect the changes in assumptions. 2023 Changes Changes in Actuarial Assumptions: • The investment return assumption and single discount rate were changed from 6.5 percent to 7.00 percent. 115 City of Eden Prairie, Minnesota Notes to Required Supplemental Information Changes in Plan Provisions: • An additional one-time direct state aid contribution of $170.1 million will be contributed to the Plan on October 1, 2023. • The vesting period of those hired after June 30, 2010, was changed from five years of allowable service to three years of allowable service. • The benefit increase delay for early retirements on or after January 1, 2024, was eliminated. • A one-time, non-compounding benefit increase of 2.5 percent minus the actual 2024 adjustment will be payable in a lump sum for calendar year 2024 by March 31, 2024. 2022 Changes Changes in Actuarial Assumptions: • The mortality improvement scale was changed from Scale MP-2020 to Scale MP-2021. Changes in Plan Provisions: • There were no changes in plan provisions since the previous valuation. 2021 Changes Changes in Actuarial Assumptions: • The investment return and single discount rates were changed from 7.50 percent to 6.50 percent, for financial reporting purposes. • The mortality improvement scale was changed from Scale MP-2019 to Scale MP-2020. Changes in Plan Provisions: • There were no changes in plan provisions since the previous valuation. 2020 Changes Changes in Actuarial Assumptions: • The price inflation assumption was decreased from 2.50% to 2.25%. • The payroll growth assumption was decreased from 3.25% to 3.00%. • Assumed salary increase rates were changed as recommended in the June 30, 2019 experience study. The net effect is assumed rates that average 0.25% less than previous rates. • Assumed rates of retirement were changed as recommended in the June 30, 2019 experience study. The changes result in more unreduced (normal) retirements and slightly fewer Rule of 90 and early retirements. • Assumed rates of termination were changed as recommended in the June 30, 2019 experience study. The new rates are based on service and are generally lower than the previous rates for years 2-5 and slightly higher thereafter. • Assumed rates of disability were changed as recommended in the June 30, 2019 experience study. The change results in fewer predicted disability retirements for males and females. • The base mortality table for healthy annuitants and employees was changed from the RP-2014 table to the Pub-2010 General Mortality table, with adjustments. The base mortality table for disabled annuitants was changed from the RP-2014 disabled annuitant mortality 116 City of Eden Prairie, Minnesota Notes to Required Supplemental Information table to the PUB-2010 General/Teacher disabled annuitant mortality table, with adjustments. • The mortality improvement scale was changed from Scale MP-2018 to Scale MP-2019. • The assumed spouse age difference was changed from two years older for females to one year older. • The assumed number of married male new retirees electing the 100% Joint & Survivor option changed from 35% to 45%. The assumed number of married female new retirees electing the 100% Joint & Survivor option changed from 15% to 30%. The corresponding number of married new retirees electing the Life annuity option was adjusted accordingly. Changes in Plan Provisions: • Augmentation for current privatized members was reduced to 2.0% for the period July 1, 2020 through December 31, 2023 and 0.0% after. Augmentation was eliminated for privatizations occurring after June 30, 2020. 2019 Changes Changes in Actuarial Assumptions: • The morality projection scale was changed from MP-2017 to MP-2018. Changes in Plan Provisions: • The employer supplemental contribution was changed prospectively, decreasing from $31.0 million to $21.0 million per year. The State’s special funding contribution was changed prospectively, requiring $16.0 million due per year through 2031. 2018 Changes Changes in Actuarial Assumptions: • The morality projection scale was changed from MP-2015 to MP-2017. • The assumed benefit increase was changed from 1.00 percent per year through 2044 and 2.50 percent per year thereafter to 1.25 percent per year. Changes in Plan Provisions: • The augmentation adjustment in early retirement factors is eliminated over a five-year period starting July 1, 2019, resulting in actuarial equivalence after June 30, 2024. • Interest credited on member contributions decreased from 4.00 percent to 3.00 percent, beginning July 1, 2018. • Deferred augmentation was changed to 0.00 percent, effective January 1, 2019. Augmentation that has already accrued for deferred members will still apply. • Contribution stabilizer provisions were repealed. • Postretirement benefit increases were changed from 1.00 percent per year with a provision to increase to 2.50 percent upon attainment of 90.00 percent funding ratio to 50.00 percent of the Social Security Cost of Living Adjustment, not less than 1.00 percent and not more than 1.50 percent, beginning January 1, 2019. • For retirements on or after January 1, 2024, the first benefit increase is delayed until the retiree reaches normal retirement age; does not apply to Rule of 90 retirees, disability benefit recipients, or survivors. • Actuarial equivalent factors were updated to reflect revised mortality and interest assumptions. 117 City of Eden Prairie, Minnesota Notes to Required Supplemental Information 2017 Changes Changes in Actuarial Assumptions: • The combined service annuity (CSA) loads were changed from 0.80 percent for active members and 60.00 percent for vested and non-vested deferred members. The revised CSA load are now 0.00 percent for active member liability, 15.00 percent for vested deferred member liability, and 3.00 percent for non-vested deferred member liability. • The assumed postretirement benefit increase rate was changed for 1.00 percent per year for all years to 1.00 percent per year through 2044 and 2.50 percent per year thereafter. Changes in Plan Provisions: • The State’s contribution for the Minneapolis Employees Retirement Fund equals $16,000,000 in 2017 and 2018, and $6,000,000 thereafter. • The Employer Supplemental Contribution for the Minneapolis Employees Retirement Fund changed from $21,000,000 to $31,000,000 in calendar years 2019 to 2031. The state’s contribution changed from $16,000,000 to $6,000,000 in calendar years 2019 to 2031. 2016 Changes Changes in Actuarial Assumptions: • The assumed postretirement benefit increase rate was changed from 1.00 percent per year through 2035 and 2.50 percent per year thereafter to 1.00 percent per year for all years. • The assumed investment return was changed from 7.90 percent to 7.50 percent. The single discount rate changed from 7.90 percent to 7.50 percent. • Other assumptions were changed pursuant to the experience study June 30, 2015. The assumed future salary increases, payroll growth, and inflation were decreased by 0.25 percent to 3.25 percent for payroll growth and 2.50 percent for inflation. Changes in Plan Provisions: • There have been no changes since the prior valuation. 2015 Changes: Changes in Actuarial Assumptions: • The assumed postretirement benefit increase rate was changed from 1.00 percent per year through 2030 and 2.50 percent per year thereafter to 1.00 percent per year through 2035 and 2.50 percent per year thereafter. Changes in Plan Provisions: • On January 1, 2015, the Minneapolis Employees Retirement Fund was merged into the General Employees Fund, which increased the total pension liability by $1.1 billion and increase the fiduciary plan net position by $892 million. Upon consolidation, state and employer contributions were revised; the State’s contribution of $6.0 million, which meets the special funding situation definition, was due September 2015. 118 City of Eden Prairie, Minnesota Notes to Required Supplemental Information Police and Fire Fund 2024 Changes Changes in Actuarial Assumptions: • There were no changes in actuarial assumptions since the previous valuation. Changes in Plan Provisions: • The State contribution of $9.0 million per year will continue until the earlier of 1) both the Police & Fire Plan and the State Patrol Retirement Fund attain 90 percent funded status for three consecutive years (on an actuarial value of assets basis) or 2) July 1, 2048. The contribution was previously due to expire after attaining a 90 percent funded status for one year. • The additional $9.0 million contribution will continue until the Police & Fire Plan is fully funded for a minimum of three consecutive years on an actuarial value of assets basis, or July 1, 2048, whichever is earlier. This contribution was previously due to expire upon attainment of fully funded status on an actuarial value of assets basis for one year (or July 1, 2048 if earlier). 2023 Changes Changes in Actuarial Assumptions: • The investment return assumption was changed from 6.5 percent to 7.00 percent. • The single discount rate changed from 5.4 percent to 7.0 percent. Changes in Plan Provisions: • Additional one-time direct state aid contribution of 19.4 million will be contributed to the Plan on October 1, 2023. • Vesting requirement for new hires after June 30, 2014, was changed from a graded 20-year vesting schedule to a graded 10-year vesting schedule, with 50 percent vesting after five years, increasing incrementally to 100% after 10 years. • A one-time, non-compounding benefit increase of 3.0 percent will be payable in a lump sum for calendar year 2024 by March 31, 2024. • Psychological treatment is required effective July 1, 2023, prior to approval for a duty disability benefit for a psychological condition relating to the member’s occupation. • The total and permanent duty disability benefit was increased, effective July 1, 2023. 2022 Changes Changes in Actuarial Assumptions: • The mortality improvement scale was changed from Scale MP-2020 to Scale MP-2021. • The single discount rate changed from 6.50% to 5.40%. Changes in Plan Provisions: • There were no changes in plan provisions since the previous valuation. 119 City of Eden Prairie, Minnesota Notes to Required Supplemental Information 2021 Changes Changes in Actuarial Assumptions: • The investment return and single discount rates were changed from 7.50 percent to 6.50 percent, for financial reporting purposes. • The inflation assumption was changed from 2.50 percent to 2.25 percent. • The payroll growth assumption was changed from 3.25 percent to 3.00 percent. • The base mortality table for healthy annuitants and employees was changed from the RP-2014 table to the Pub-2010 Public Safety Mortality table. The mortality improvement scale was changed from MP-2019 to MN-2020. • The base mortality table for disabled annuitants was changed from the RP-2014 healthy annuitant mortality table (with future mortality improvement according to Scale MP-2019) to the Pub-2010 Public Safety disabled annuitant mortality table (with future mortality improvement according to Scale MP-2020). • Assumed rates of salary increase were modified as recommended in the July 14, 2020 experience study. The overall impact is a decrease in gross salary increase rates. • Assumed rates of retirement were changed as recommended in the July 14, 2020 experience study. The changes result in slightly more unreduced retirements and fewer assumed early retirements. • Assumed rates of withdrawal were changed from select and ultimate rates to service-based rates. The changes result in more assumed terminations. • Assumed rates of disability were increased for ages 25-44 and decreased for ages over 49. Overall, proposed rates result in more projected disabilities. • Assumed percent married for active female members was changed from 60 percent to 70 percent. Minor changes to form of payment assumptions were applied. Changes in Plan Provisions: • There were no changes in plan provisions since the previous valuation. 2020 Changes Changes in Actuarial Assumptions: • The morality projection scale was changed from MP-2018 to MP-2019. Changes in Plan Provisions: • There have been no changes since the prior valuation. 2019 Changes Changes in Actuarial Assumptions: • The morality projection scale was changed from MP-2017 to MP-2018. Changes in Plan Provisions: • There have been no changes since the prior valuation. 2018 Changes Changes in Actuarial Assumptions: • The morality projection scale was changed from MP-2016 to MP-2017. 120 City of Eden Prairie, Minnesota Notes to Required Supplemental Information Changes in Plan Provisions: • Postretirement benefit increases were changed to 1.00 percent for all years, with no trigger. • An end date of July 1, 2048 was added to the existing $9.0 million state contribution. • New annual state aid will equal $4.5 million in fiscal years 2019 and 2020, and $9.0 million thereafter until the plan reaches 100 percent funding, or July 1, 2048, if earlier. • Member contributions were changed from 10.80 percent to 11.30 percent of pay, effective January 1, 2019 and 11.80 percent of pay, effective January 1, 2020. • Employer contributions were changed from 16.20 percent to 16.95 percent of pay, effective January 1, 2019 and 17.70 percent of pay, effective January 1, 2020. • Interest credited on member contributions decreased from 4.00 percent to 3.00 percent, beginning July 1, 2018. • Deferred augmentation was changed to 0.00 percent, effective January 1, 2019. Augmentation that has already accrued for deferred members will still apply. • Actuarial equivalent factors were updated to reflect revised mortality and interest assumptions. 2017 Changes Changes in Actuarial Assumptions: • Assumed salary increases were changed as recommended in the June 30, 2016 experience study. The net effect is proposed rates that average 0.34 percent lower than the previous rates. • Assumed rates of retirement were changed, resulting in fewer retirements. • The combined service annuity (CSA) load was 30.00 percent for vested and non-vested, deferred members. The CSA has been changed to 33.00 percent for vested members and 2.00 percent for non-vested members. • The base mortality table for healthy annuitants was changed from the RP-2000 fully generational table to the RP-2014 fully generational table (with a base year of 2006), with male rates adjusted by a factor of 0.96. The mortality improvement scale was changed from Scale AA to Scale MP-2016. The base mortality table for disabled annuitants was changed from the RP-2000 disabled mortality table to the mortality tables assumed for healthy retirees. • Assumed termination rates were decreased to 3.00 percent for the first three years of service. Rates beyond the select period of three years were adjusted, resulting in more expected terminations overall. • Assumed percentage of married female members was decreased from 65.00 percent to 60.00 percent. • Assumed age difference was changed from separate assumptions for male members (wives assumed to be three years younger) and female members (husbands assumed to be four years older) to the assumption that males are two years older than females. • The assumed percentage of female members electing joint and survivor annuities was increased. • The assumed postretirement benefit increase rate was changed from 1.00 percent for all years to 1.00 percent per year through 2064 and 2.50 percent thereafter. • The single discount rate was changed from 5.60 percent per annum to 7.50 percent per annum. 121 City of Eden Prairie, Minnesota Notes to Required Supplemental Information Changes in Plan Provisions: • There have been no changes since the prior valuation. 2016 Changes Changes in Actuarial Assumptions: • The assumed postretirement benefit increase rate was changed from 1.00 percent per year through 2037 and 2.50 percent per year thereafter to 1.00 percent per year for all future years. • The assumed investment return was changed from 7.90 percent to 7.50 percent. • The single discount rate changed from 7.90 percent to 5.60 percent. • The assumed future salary increases, payroll growth, and inflation were decreased by 0.25 percent to 3.25 percent for payroll growth and 2.50 percent for inflation. Changes in Plan Provisions: • There have been no changes since the prior valuation. 2015 Changes Changes in Actuarial Assumptions: • The assumed postretirement benefit increase rate was changed from 1.00 percent per year through 2030 and 2.50 percent per year thereafter to 1.00 percent per year through 2037 and 2.50 percent per year thereafter. Changes in Plan Provisions: • The postretirement benefit increase to be paid after the attainment of the 90.00 percent funding threshold was changed from inflation up to 2.50 percent, to a fixed rate of 2.50 percent Fire Relief 2024 Changes • No changes since 2023 report 2023 Changes • No changes since 2022 report 2022 Changes • No changes since 2021 report 2021 Changes • The mortality projection scale was updated from MP-2019 to MP-2021 • The termination assumption was updated to reflect experience from the last four years 2020 Changes • No changes since 2019 report 122 City of Eden Prairie, Minnesota Notes to Required Supplemental Information 2019 Changes • The mortality projection scale was updated from MP-2017 to MP-2019 2018 Changes • The lump sum benefit level was increased from $10,000 to $12,400 • The mortality projection scale was updated from MP-2016 to MP-2017 • The termination decrement scale was updated to reflect a recent experience study • The lump sum election rate was changed from 20% to 50% 2017 Changes • No changes since 2016 report 2016 Changes • The base mortality table was updated from the RP-2014 Blue Collar table to the unadjusted RP-2014 table • The mortality projection scale was updated from MP-2014 to MP-2016 2015 Changes • No changes since 2014 report which was the year of implementation so no further changes to note. 123 This page is intentionally left blank 124 COMBINING FUND STATEMENTS 125 City of Eden Prairie, Minnesota Nonmajor Governmental Funds Special Revenue Funds Special revenue funds are used to account for and report the proceeds of specific revenue sources that are restricted or committed to expenditures for specified purposes other than debt service or capital projects. Housing and Redevelopment Fund – This fund accounts for monies received under Title I of the Housing and Community Development Act of 1974. Pleasant Hills Cemetery – This fund accounts for the current operations of the City cemetery including maintenance costs and lot sales. Eden Prairie Cemetery – This fund accounts for the current operations of the City cemetery including maintenance costs and lot sales. Grant – This fund accounts for monies received from the State. The grant will fund a police officer who will dedicate his time to decreasing DWI’s. Recycling – This fund accounts for monies received from Hennepin County's household waste rebate programs. All dollars received are to be spent on eligible recycling programs within Eden Prairie. Opioid Settlement – This fund accounts for monies received under the National Opioid Settlement. All dollars received are to be spent to fight the opioid crisis. Local Affordable Housing Aid – This fund accounts for monies received from the .25% local sales and use tax for housing authorized by the 2023 MN State legislature. All dollars received are to be spent on supporting and expanding efforts to maintain and support affordable housing and other housing opportunities. Affordable Housing Trust – This fund accounts for monies received from the local housing trust fund state match program and payments-in-Lieu under the City’s Inclusionary Housing ordinance, gifts, grants, and donations. All dollars received are to be spent on supporting and expanding efforts to maintain and support affordable housing and other housing opportunities. Historical and Cultural - This fund accumulates revenue from the sale of a book on Eden Prairie's 100-year history and the sale of old street signs. The book was donated to the City by the Eden Prairie Historical Society, with revenues earmarked for expenditure on the preservation of the history of Eden Prairie. 126 City of Eden Prairie, Minnesota Nonmajor Governmental Funds Debt Service Funds Debt service funds are used to account for all financial resources that are restricted, committed, or assigned to expenditures for principal and interest. General Obligation Refunding Bonds 2016A – This fund accounts for the refunding of the G.O. Bonds 2008B which accounted for the accumulation of resources needed to repay bonds issued to finance the construction of streets, lateral utilities, and drainage for the Flying Cloud Drive construction project. The primary sources of repayment on these bonds are special assessments levied on benefited properties. General Obligation Improvement Bonds 10A/20A – This fund is used to account for the accumulation of tax revenues needed to repay bonds issued to pay the construction costs for the Singletree Lane project. G.O. Bonds 10A were refunded with G.O. Bonds 20A. General Obligation Refunding 11D/20A – This fund accounts for the refunding of the G.O. Improvement Revolving Bonds which accounted for the accumulation of tax revenues needed to repay bonds issued to finance the construction at 212 and Charleston Road. G.O. Bonds 11D were refunded with G.O. Bonds 20A. General Obligation Refunding 12A/20A – This fund accounts for the refunding of the G.O. Bonds 2005C which accounted for the accumulation of tax revenues needed to repay bonds issued to finance construction projects for various trails, park improvements and the community center. G.O. Bonds 12A were refunded with G.O. Bonds 20A. General Obligation Refunding 12B/20A – This fund accounts for the refunding of the G.O. Bonds 2006B which accounted for the accumulation of tax revenues needed to repay bonds issued to finance construction projects for the new fire station. G.O. Bonds 12B were refunded with G.O. Bonds 20A. General Obligation Tax Abatement 2014A/21A – This fund accounts for the accumulation of tax revenues needed to repay bonds issued to finance construction of the aquatics and fitness expansion. G.O. Tax abatement 2014A were refunded with G.O. Tax Abatement Bonds 21A. General Obligation Bonds 2016A – This fund is used to account for the accumulation of special assessments needed to repay bonds issued to finance the West 70th project. 127 City of Eden Prairie, Minnesota Nonmajor Governmental Funds Capital Project Funds Capital project funds are used to account for all financial resources that are restricted, committed, or assigned to expenditures for capital outlay. Police - This fund accounts for all confiscated money, and / or property obtained through drug-related criminal arrests and compliance fines. The funds are earmarked for expenditures on law enforcement operations. E-911 - This fund accounts for monies received from the State of Minnesota to be used for the E-911 emergency system. Senior Board/EP Players - This fund was established to account for monies received for Senior Awareness Week and EP Players, a parks and recreation department theater program. Park Improvement - This fund accounts for the park dedication fees, grants, and other contributions earmarked for expenditure on park acquisition and development. CIP Trails - This fund accounts for the accumulation of resources to be used for capital improvements and maintenance of City trails. CIP Pavement Management - This fund accounts for the accumulation of resources to be used for capital improvements and maintenance of City streets. Economic Development – This fund accounts for money set aside to assist in the redevelopment of the City. Project – This fund accounts for tax increment revenue set aside to assist in the redevelopment of the City. HRA – This fund accounts for the accumulation of resources to be used for economic development projects. Tree Replacement – This fund accounts for tree replacement fees that are collected from permittees who have demonstrated that it is not possible or reasonable to plant all or some of the required replacement trees on site. The revenue will be used for planting of trees and natural enhancements within the City. Transportation - This fund accounts for proceeds of state aid. This revenue is used to finance street improvements. Shady Oak Road North – This fund accounts for the accumulation of resources to be used for the reconstruction of Shady Oak Road from Rowland Road through the Highway 62 interchange. 128 City of Eden Prairie, Minnesota Nonmajor Governmental Funds Capital Project Funds (Continued) Cable PEG (Public, Educational, and Government) – This fund accounts for the revenues collected from Comcast. These funds will be used to produce PEG Access programming. Homeowners Improvements Area – This fund accounts for the accumulation of resources to be used for Housing Improvements to the Fairway Woods II Condominiums. Dell Road – This fund accounts for accumulation of resources to be used to upgrade a rural section of Dell Road between Crestwood Terrace and County Road 61. Willow Creek Utilities – This fund accounts for accumulation of resources to be used for street improvements and installation of city utilities in the Willow Creek Road neighborhood. Permanent Funds Permanent funds are used to account for resources that are restricted to the extent that only earnings, and not principal, may be used for purposes that support the City’s programs that is, for the benefit of the City or its citizens. Cemetery Perpetual Care - This fund was established to account for funds dedicated for cemetery maintenance in accordance with state statutes. 129 Page 1 of 8 City of Eden Prairie, Minnesota Combining Balance Sheet Nonmajor Governmental Funds December 31, 2024 Pleasant EdenHousing &Hill Prairie Grant Redevelopment Cemetery Cemetery Fund Recycling ASSETS Cash and Investments $- $203,470 $193,508 $59,907 $172,059 Receivables Accounts - - - - - Lease Receivable - - - - - Investment Interest - 956 778 298 - Lease Receivable Interest - - - - - Due from Other Governments 115,070 - - 22,066 - Unremitted Taxes - - - - - Unavailable Special Assessments - - - - - Special Unavailable Special Assessments - - - - - Due from Other Funds - 4,497 - - - Lease Receivable - - - - - Land Held for Resale - - - - - Notes Receivable (net of allow for uncollectible)- - - - - Total Assets $115,070 $208,923 $194,286 $82,271 $172,059 LIABILITIES Accounts and Contracts Payable $108,444 $109 $137 $- $423 Salaries Payable 2,129 - - - 1,016 Investment Interest Payable - - - - - Due to Other Governments - - - - - Due to Other Funds 4,497 - - - - Unearned Revenue - 1,450 - - - Total Liabilities 115,070 1,559 137 - 1,439 DEFERRED INFLOWS OF RESOURCES Deferred Inflow of Resource Related to Lease Receivable - - - - - Unavailable Revenue-Revenue - - 375 - - Unavailable Revenue-Special Assessments - - - - - Total Deferred Inflows of Resources - - 375 - - FUND BALANCES Nonspendable - - - - - Restricted - 207,364 193,774 82,271 170,620 Assigned - - - - - Unassigned - - - - - Total Fund Balance - 207,364 193,774 82,271 170,620 Total Liabilities, Deferred Inflows of Resources, and Fund Balances $115,070 $208,923 $194,286 $82,271 $172,059 Special Revenue 130 Page 2 of 8 City of Eden Prairie, Minnesota Combining Balance Sheet Nonmajor Governmental Funds December 31, 2024 ASSETS Cash and Investments Receivables AccountsLease Receivable Investment Interest Lease Receivable InterestDue from Other GovernmentsUnremitted Taxes Unavailable Special Assessments Special Unavailable Special Assessments Due from Other Funds Lease Receivable Land Held for Resale Notes Receivable (net of allow for uncollectible)Total Assets LIABILITIES Accounts and Contracts PayableSalaries Payable Investment Interest Payable Due to Other Governments Due to Other Funds Unearned Revenue Total Liabilities DEFERRED INFLOWS OF RESOURCES Deferred Inflow of Resource Related to Lease ReceivableUnavailable Revenue-Revenue Unavailable Revenue-Special Assessments Total Deferred Inflows of Resources FUND BALANCES Nonspendable RestrictedAssigned Unassigned Total Fund Balance Total Liabilities, Deferred Inflows of Resources, and Fund Balances Local Affordable Affordable HistoricalOpioid Housing Housing and Settlement Aid Trust Cultural Total $194,982 $270,431 $3,208 $19,691 $1,117,256 - - - - - - - - - - 726 295 6 81 3,140 - - - - - - - - 21 137,157 - - - - - - - - - - - - - - - - - - - 4,497 - - - - - - - - - - - - - - - $195,708 $270,726 $3,214 $19,793 $1,262,050 $170 $- $- $38 $109,321 - - - - 3,145 - - - - - - - - 139 139 - - - - 4,497 - - - 6,000 7,450 170 - - 6,177 124,552 - - - - - - - - - 375 - - - - - - - - - 375 - - - - - 195,538 270,726 3,214 13,616 1,137,123 - - - - - - - - - - 195,538 270,726 3,214 13,616 1,137,123 $195,708 $270,726 $3,214 $19,793 $1,262,050 Special Revenue 131 Page 3 of 8 City of Eden Prairie, Minnesota Combining Balance Sheet Nonmajor Governmental Funds December 31, 2024 ASSETS Cash and Investments Receivables AccountsLease Receivable Investment Interest Lease Receivable InterestDue from Other GovernmentsUnremitted Taxes Unavailable Special Assessments Special Unavailable Special Assessments Due from Other Funds Lease Receivable Land Held for Resale Notes Receivable (net of allow for uncollectible)Total Assets LIABILITIES Accounts and Contracts PayableSalaries Payable Investment Interest Payable Due to Other Governments Due to Other Funds Unearned Revenue Total Liabilities DEFERRED INFLOWS OF RESOURCES Deferred Inflow of Resource Related to Lease ReceivableUnavailable Revenue-Revenue Unavailable Revenue-Special Assessments Total Deferred Inflows of Resources FUND BALANCES Nonspendable RestrictedAssigned Unassigned Total Fund Balance Total Liabilities, Deferred Inflows of Resources, and Fund Balances General General General General Obligation Obligation Obligation Obligation Refunding Improvement Refunding RefundingBondsBonds Bonds Bonds 2016A 10A/20A 11D/20A 12A/20A $- $133,227 $620,396 $406,035 - - - - - - - - 850 3,523 3,126 - - - - - - - - - - - 4,040 - 75,473 136,378 - - - 274,129 - - - - - - - - - - - - - - - - - $- $209,550 $1,034,426 $413,201 $- $- $- $- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 75,473 410,507 - - 75,473 410,507 - - - - - 134,077 623,919 413,201 - - - - - - - - - 134,077 623,919 413,201 $- $209,550 $1,034,426 $413,201 Debt Service 132 Page 4 of 8 City of Eden Prairie, Minnesota Combining Balance Sheet Nonmajor Governmental Funds December 31, 2024 ASSETS Cash and Investments Receivables AccountsLease Receivable Investment Interest Lease Receivable InterestDue from Other GovernmentsUnremitted Taxes Unavailable Special Assessments Special Unavailable Special Assessments Due from Other Funds Lease Receivable Land Held for Resale Notes Receivable (net of allow for uncollectible)Total Assets LIABILITIES Accounts and Contracts PayableSalaries Payable Investment Interest Payable Due to Other Governments Due to Other Funds Unearned Revenue Total Liabilities DEFERRED INFLOWS OF RESOURCES Deferred Inflow of Resource Related to Lease ReceivableUnavailable Revenue-Revenue Unavailable Revenue-Special Assessments Total Deferred Inflows of Resources FUND BALANCES Nonspendable RestrictedAssigned Unassigned Total Fund Balance Total Liabilities, Deferred Inflows of Resources, and Fund Balances General Obligation General General Refunding Obligation ObligationBonds Tax Abatement Bonds 12B/20A Bonds 2014A/21A 2016A Total $71,317 $1,350,151 $139,183 $2,720,309 - - - - - - - - 751 4,208 313 12,771 - - - - - - - - 1,554 4,920 - 10,514 - - 740,190 952,041 - - - 274,129 - - - - - - - - - - - - - - - - $73,622 $1,359,279 $879,686 $3,969,764 $- $- $- $- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 740,190 1,226,170 - - 740,190 1,226,170 - - - - 73,622 1,359,279 139,496 2,743,594 - - - - - - - - 73,622 1,359,279 139,496 2,743,594 $73,622 $1,359,279 $879,686 $3,969,764 Debt Service 133 Page 5 of 8 City of Eden Prairie, Minnesota Combining Balance Sheet Nonmajor Governmental Funds December 31, 2024 ASSETS Cash and Investments Receivables AccountsLease Receivable Investment Interest Lease Receivable InterestDue from Other GovernmentsUnremitted Taxes Unavailable Special Assessments Special Unavailable Special Assessments Due from Other Funds Lease Receivable Land Held for Resale Notes Receivable (net of allow for uncollectible)Total Assets LIABILITIES Accounts and Contracts PayableSalaries Payable Investment Interest Payable Due to Other Governments Due to Other Funds Unearned Revenue Total Liabilities DEFERRED INFLOWS OF RESOURCES Deferred Inflow of Resource Related to Lease ReceivableUnavailable Revenue-Revenue Unavailable Revenue-Special Assessments Total Deferred Inflows of Resources FUND BALANCES Nonspendable RestrictedAssigned Unassigned Total Fund Balance Total Liabilities, Deferred Inflows of Resources, and Fund Balances Senior Board Park CIP Police E-911 EP Players Improvement Trails $65,122 $367,027 $18,506 $3,762,539 $1,174,543 - - - - - - - - 6,601 - 243 1,470 88 23,462 5,096 - - - 1,225 - 11,730 13,715 - - - - - - - - - - - - 30,001 - - - - - - - - - - - - - 45,421 - - - - - - - - - - - $77,095 $382,212 $18,594 $3,839,248 $1,209,640 $238 $11,124 $121 $58,295 $- - - - - - - - - - - - - - - - - - - - - - - - 271,761 - 238 11,124 121 330,056 - - - - 63,085 - - - - - - - - - - 30,001 - - - 63,085 30,001 - - - - - - 337,314 - 2,262,935 - 76,857 33,774 18,473 1,183,172 1,179,639 - - - - - 76,857 371,088 18,473 3,446,107 1,179,639 $77,095 $382,212 $18,594 $3,839,248 $1,209,640 Capital Projects 134 Page 6 of 8 City of Eden Prairie, Minnesota Combining Balance Sheet Nonmajor Governmental Funds December 31, 2024 ASSETS Cash and Investments Receivables AccountsLease Receivable Investment Interest Lease Receivable InterestDue from Other GovernmentsUnremitted Taxes Unavailable Special Assessments Special Unavailable Special Assessments Due from Other Funds Lease Receivable Land Held for Resale Notes Receivable (net of allow for uncollectible)Total Assets LIABILITIES Accounts and Contracts PayableSalaries Payable Investment Interest Payable Due to Other Governments Due to Other Funds Unearned Revenue Total Liabilities DEFERRED INFLOWS OF RESOURCES Deferred Inflow of Resource Related to Lease ReceivableUnavailable Revenue-Revenue Unavailable Revenue-Special Assessments Total Deferred Inflows of Resources FUND BALANCES Nonspendable RestrictedAssigned Unassigned Total Fund Balance Total Liabilities, Deferred Inflows of Resources, and Fund Balances CIP EconomicPavementDevelopment Project Tree Management Fund Fund HRA Replacement $63,623 $2,645,200 $5,266,251 $392,212 $362,693 1,364,653 7,868 43,811 - - - 80,303 - - - 11,764 14,441 25,610 1,656 1,783 - 615 - - - - 80,000 - - 5,153 - - 757 - - - - - - - - - - - - - - - - - 146,957 - - - - 808,000 - - - - - 1,249,619 - - $1,440,040 $3,783,384 $6,585,291 $394,625 $369,629 $137,248 $138,640 $19,309 $- $43,432 - - - 6,203 - - - - - - - - 42,160 - - - - - - - - - - - - 137,248 138,640 61,469 6,203 43,432 - 214,880 - - - - 215 - - - - - - - - - 215,095 - - - - - - - - - - 4,256,219 - 297,599 1,302,792 3,429,649 2,267,603 388,422 28,598 - - - - - 1,302,792 3,429,649 6,523,822 388,422 326,197 $1,440,040 $3,783,384 $6,585,291 $394,625 $369,629 Capital Projects 135 Page 7 of 8 City of Eden Prairie, Minnesota Combining Balance Sheet Nonmajor Governmental Funds December 31, 2024 ASSETS Cash and Investments Receivables AccountsLease Receivable Investment Interest Lease Receivable InterestDue from Other GovernmentsUnremitted Taxes Unavailable Special Assessments Special Unavailable Special Assessments Due from Other Funds Lease Receivable Land Held for Resale Notes Receivable (net of allow for uncollectible)Total Assets LIABILITIES Accounts and Contracts PayableSalaries Payable Investment Interest Payable Due to Other Governments Due to Other Funds Unearned Revenue Total Liabilities DEFERRED INFLOWS OF RESOURCES Deferred Inflow of Resource Related to Lease ReceivableUnavailable Revenue-Revenue Unavailable Revenue-Special Assessments Total Deferred Inflows of Resources FUND BALANCES Nonspendable RestrictedAssigned Unassigned Total Fund Balance Total Liabilities, Deferred Inflows of Resources, and Fund Balances Shady Oak HomeownersRoadCableImprovements Dell Transportation North PEG Area Road $4,051,761 $- $536,949 $- $1,546,854 126,796 - 48,223 - - - - - - - 21,102 - 2,258 2 9,591 - - - - - 235,000 - - - - - - - - - 80,141 - - 50,875 - 780,567 - - - - - - - - 82,393 - - - - - - - - - - - - - - - $5,295,367 $- $587,430 $50,877 $1,638,838 $423,452 $- $- $1,000 $85,042 - - - - - - - - - - - - - - - - - - 19,681 - 235,000 - - - - 658,452 - - 20,681 85,042 - - - - - - - - - - 860,708 - - 50,875 - 860,708 - - 50,875 - - - - - - - - 502,248 - - 3,776,207 - 85,182 - 1,553,796 - - - (20,679) - 3,776,207 - 587,430 (20,679) 1,553,796 $5,295,367 $- $587,430 $50,877 $1,638,838 Capital Projects 136 Page 8 of 8 City of Eden Prairie, Minnesota Combining Balance Sheet Nonmajor Governmental Funds December 31, 2024 ASSETS Cash and Investments Receivables AccountsLease Receivable Investment Interest Lease Receivable InterestDue from Other GovernmentsUnremitted Taxes Unavailable Special Assessments Special Unavailable Special Assessments Due from Other Funds Lease Receivable Land Held for Resale Notes Receivable (net of allow for uncollectible)Total Assets LIABILITIES Accounts and Contracts PayableSalaries Payable Investment Interest Payable Due to Other Governments Due to Other Funds Unearned Revenue Total Liabilities DEFERRED INFLOWS OF RESOURCES Deferred Inflow of Resource Related to Lease ReceivableUnavailable Revenue-Revenue Unavailable Revenue-Special Assessments Total Deferred Inflows of Resources FUND BALANCES Nonspendable RestrictedAssigned Unassigned Total Fund Balance Total Liabilities, Deferred Inflows of Resources, and Fund Balances Cemetery Total Perpetual NonmajorWillow Creek Care Governmental Utilities Total Fund Funds $- $20,253,280 $251,431 $24,342,276 - 1,591,351 1,591,351 - 86,904 - 86,904 - 118,566 1,257 135,734 - 1,840 - 1,840 - 345,598 - 482,755 - 757 - 11,271 - 161,017 - 1,113,058 - 780,567 - 1,054,696 - 82,393 - 86,890 - 192,378 - 192,378 - 808,000 - 808,000 - 1,249,619 - 1,249,619 $- $25,672,270 $252,688 $31,156,772 $- $917,901 $$1,027,222 - 6,203 - 9,348 275 275 - 275 - 42,160 - 42,299 62,712 82,393 - 86,890 - 506,761 - 514,211 62,987 1,555,693 - 1,680,245 - 277,965 - 277,965 - 215 - 590 - 941,584 - 2,167,754 - 1,219,764 - 2,446,309 - - 211,169 211,169 - 7,656,315 41,519 11,578,551 - 15,324,164 - 15,324,164 (62,987) (83,666) - (83,666) (62,987) 22,896,813 252,688 27,030,218 $- $25,672,270 $252,688 $31,156,772 Capital Projects Permanent Fund 137 Page 1 of 8 City of Eden Prairie, Minnesota Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Nonmajor Governmental Funds For the Year Ended December 31, 2024 Pleasant Eden Housing &Hills Prairie Grant Redevelopment Cemetery Cemetery Fund Recycling REVENUES General Property Taxes $- $- $- $- $- Special Assessments - - - - - Licenses and Permits - - - - - Intergovernmental Revenue 375,557 - - 133,589 134,079 Charges for Services - 46,980 100,450 - - Fines and Forfeits - - - - - Investment Income - 7,643 5,976 2,387 - Lease Income - - - - - Rental - - - - - Other Contributions and Donations - - - - - Miscellaneous - - - - Total Revenues 375,557 54,623 106,426 135,976 134,079 EXPENDITURES Current Community Development 375,557 - - - - Police - - - 131,693 - Public Works - - - - 64,495 Parks and Recreation - 10,738 28,157 - - Capital Outlay Administration - - - - - Community Development - - - - - Police - - - - - Public Works - - - - - Parks and Recreation - - - - - Debt Service Principal - - - - - Interest - - - - - Fiscal Agent Fees - - - - - Total Expenditures 375,557 10,738 28,157 131,693 64,495 Excess of Revenues Over (Under) Expenditures - 43,885 78,269 4,283 69,584 OTHER FINANCING SOURCES (USES) Issuance of Debt - - - - - Transfers In - - - - - Transfers Out - - - - - Total Other Financing Sources (Uses)- - - - - Net Change in Fund Balances - 43,885 78,269 4,283 69,584 Fund Balances (Deficit) - Beginning - 163,479 115,505 77,988 101,036 Fund Balances (Deficit) - Ending $- $207,364 $193,774 $82,271 $170,620 Special Revenue 138 Page 2 of 8 City of Eden Prairie, Minnesota Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Nonmajor Governmental Funds For the Year Ended December 31, 2024 REVENUES General Property Taxes Special Assessments Licenses and Permits Intergovernmental Revenue Charges for Services Fines and Forfeits Investment Income Lease Income Rental Other Contributions and Donations Miscellaneous Total Revenues EXPENDITURES Current Community Development Police Public Works Parks and Recreation Capital Outlay Administration Community Development Police Public Works Parks and Recreation Debt Service Principal Interest Fiscal Agent Fees Total Expenditures Excess of Revenues Over (Under) Expenditures OTHER FINANCING SOURCES (USES) Issuance of Debt Transfers In Transfers Out Total Other Financing Sources (Uses) Net Change in Fund Balances Fund Balances (Deficit) - Beginning Fund Balances (Deficit) - Ending Local Affordable Affordable Historical Opioid Housing Housing and Settlement Aid Trust Cultural Total $- $- $- $- $- - - - - - - - - - - - 268,673 - - 911,898 - - - - 147,430 - - - - - 5,577 2,053 39 766 24,441 - - - - - - - - - - - - 3,175 - 3,175 167,430 - - 1,990 169,420 173,007 270,726 3,214 2,756 1,256,364 - - - 1,006 376,563 63,080 - - - 194,773 - - - - 64,495 - - - - 38,895 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 63,080 - - 1,006 674,726 109,927 270,726 3,214 1,750 581,638 - - - - - - - - - - - - - - - - - - - - 109,927 270,726 3,214 1,750 581,638 85,611 - - 11,866 555,485 $195,538 $270,726 $3,214 $13,616 $1,137,123 Special Revenue 139 Page 3 of 8 City of Eden Prairie, Minnesota Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Nonmajor Governmental Funds For the Year Ended December 31, 2024 REVENUES General Property Taxes Special Assessments Licenses and Permits Intergovernmental Revenue Charges for Services Fines and Forfeits Investment Income Lease Income Rental Other Contributions and Donations Miscellaneous Total Revenues EXPENDITURES Current Community Development Police Public Works Parks and Recreation Capital Outlay Administration Community Development Police Public Works Parks and Recreation Debt Service Principal Interest Fiscal Agent Fees Total Expenditures Excess of Revenues Over (Under) Expenditures OTHER FINANCING SOURCES (USES) Issuance of Debt Transfers In Transfers Out Total Other Financing Sources (Uses) Net Change in Fund Balances Fund Balances (Deficit) - Beginning Fund Balances (Deficit) - Ending General General General General Obligation Obligation Obligation Obligation Refunding Improvement Refunding Refunding Bonds Bonds Bonds Bonds 2016A 10A/20A 11D/20A 12A/20A $- $- $- $943,525 - 83,405 151,294 - - - - - - - - - - - - - - - - - 2,468 6,987 28,820 25,497 - - - - - - - - - - - - - - - - 2,468 90,392 180,114 969,022 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 120,000 94,000 179,000 890,000 1,800 1,607 3,018 15,181 147 - - - 121,947 95,607 182,018 905,181 (119,479) (5,215) (1,904) 63,841 - - - - - - - - (323,612) - - - (323,612) - - - (443,091) (5,215) (1,904) 63,841 443,091 139,292 625,823 349,360 $- $134,077 $623,919 $413,201 Debt Service 140 Page 4 of 8 City of Eden Prairie, Minnesota Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Nonmajor Governmental Funds For the Year Ended December 31, 2024 REVENUES General Property Taxes Special Assessments Licenses and Permits Intergovernmental Revenue Charges for Services Fines and Forfeits Investment Income Lease Income Rental Other Contributions and Donations Miscellaneous Total Revenues EXPENDITURES Current Community Development Police Public Works Parks and Recreation Capital Outlay Administration Community Development Police Public Works Parks and Recreation Debt Service Principal Interest Fiscal Agent Fees Total Expenditures Excess of Revenues Over (Under) Expenditures OTHER FINANCING SOURCES (USES) Issuance of Debt Transfers In Transfers Out Total Other Financing Sources (Uses) Net Change in Fund Balances Fund Balances (Deficit) - Beginning Fund Balances (Deficit) - Ending General Obligation General General Refunding Obligation Obligation Bonds Tax Abatement Bonds 12B/20A Bonds 2014A/21A 2016A Total $345,156 $1,092,992 $- $2,381,673 - - 139,586 374,285 - - - - - - - - - - - - - - - - 6,443 33,653 2,478 106,346 - - - - - - - - - - - - - - - - 351,599 1,126,645 142,064 2,862,304 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 326,000 830,000 105,000 2,544,000 5,687 346,700 22,785 396,778 - 200 147 494 331,687 1,176,900 127,932 2,941,272 19,912 (50,255) 14,132 (78,968) - - - - - - - - - - - (323,612) - - - (323,612) 19,912 (50,255) 14,132 (402,580) 53,710 1,409,534 125,364 3,146,174 $73,622 $1,359,279 $139,496 $2,743,594 Debt Service 141 Page 5 of 8 City of Eden Prairie, Minnesota Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Nonmajor Governmental Funds For the Year Ended December 31, 2024 REVENUES General Property Taxes Special Assessments Licenses and Permits Intergovernmental Revenue Charges for Services Fines and Forfeits Investment Income Lease Income Rental Other Contributions and Donations Miscellaneous Total Revenues EXPENDITURES Current Community Development Police Public Works Parks and Recreation Capital Outlay Administration Community Development Police Public Works Parks and Recreation Debt Service Principal Interest Fiscal Agent Fees Total Expenditures Excess of Revenues Over (Under) Expenditures OTHER FINANCING SOURCES (USES) Issuance of Debt Transfers In Transfers Out Total Other Financing Sources (Uses) Net Change in Fund Balances Fund Balances (Deficit) - Beginning Fund Balances (Deficit) - Ending Senior Board Park CIP Police E-911 EP Players Improvement Trails $- $- $- $- $- - - - - 17,873 - - - - - - 164,578 - - - - - - 330,780 - 5,500 - - - - 5,313 11,336 717 200,079 39,858 - - - 4,206 - - - - 8,710 - - - 100 41,205 - 28,969 615 3,734 - - 39,782 176,529 4,551 584,980 57,731 - - - - - 3,677 94,815 - - - - - - - - - - 1,107 - - - - - - - - - - - - - - - - - - - - 383,426 - - - 1,438,226 - 11,538 - - - - 1,262 - - - - - - - - 3,677 107,615 1,107 1,438,226 383,426 36,105 68,914 3,444 (853,246) (325,695) - - - - - - - - - 400,000 - - (600) - - - - (600) - 400,000 36,105 68,914 2,844 (853,246) 74,305 40,752 302,174 15,629 4,299,353 1,105,334 $76,857 $371,088 $18,473 $3,446,107 $1,179,639 Capital Projects 142 Page 6 of 8 City of Eden Prairie, Minnesota Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Nonmajor Governmental Funds For the Year Ended December 31, 2024 REVENUES General Property Taxes Special Assessments Licenses and Permits Intergovernmental Revenue Charges for Services Fines and Forfeits Investment Income Lease Income Rental Other Contributions and Donations Miscellaneous Total Revenues EXPENDITURES Current Community Development Police Public Works Parks and Recreation Capital Outlay Administration Community Development Police Public Works Parks and Recreation Debt Service Principal Interest Fiscal Agent Fees Total Expenditures Excess of Revenues Over (Under) Expenditures OTHER FINANCING SOURCES (USES) Issuance of Debt Transfers In Transfers Out Total Other Financing Sources (Uses) Net Change in Fund Balances Fund Balances (Deficit) - Beginning Fund Balances (Deficit) - Ending CIP Economic Pavement Development Project Tree Mgmt Fund Fund HRA Replacement $- $- $3,447,728 $209,151 $- - - - - - 5,444,999 - - - - 600,000 80,000 - - 5,153 - - - - - - - - - - 98,454 119,196 207,677 13,385 14,570 - 8,551 - - - - 81,318 - - - - - - - 54,041 - 28,326 - - - 6,143,453 317,391 3,655,405 222,536 73,764 - 13,103 3,092,713 160,661 - - - - - - - - - - - - - - - - - - - - - - 395,421 - - - - - - - - 7,253,647 - - - - - - - - 69,782 - - - - - - - - - - - - - - - 7,253,647 408,524 3,092,713 160,661 69,782 (1,110,194) (91,133) 562,692 61,875 3,982 - - - - - - 12,256 16 - - - (12,272) - - - - (16) 16 - - (1,110,194) (91,149) 562,708 61,875 3,982 2,412,986 3,520,798 5,961,114 326,547 322,215 $1,302,792 $3,429,649 $6,523,822 $388,422 $326,197 Capital Projects 143 Page 7 of 8 City of Eden Prairie, Minnesota Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Nonmajor Governmental Funds For the Year Ended December 31, 2024 REVENUES General Property Taxes Special Assessments Licenses and Permits Intergovernmental Revenue Charges for Services Fines and Forfeits Investment Income Lease Income Rental Other Contributions and Donations Miscellaneous Total Revenues EXPENDITURES Current Community Development Police Public Works Parks and Recreation Capital Outlay Administration Community Development Police Public Works Parks and Recreation Debt Service Principal Interest Fiscal Agent Fees Total Expenditures Excess of Revenues Over (Under) Expenditures OTHER FINANCING SOURCES (USES) Issuance of Debt Transfers In Transfers Out Total Other Financing Sources (Uses) Net Change in Fund Balances Fund Balances (Deficit) - Beginning Fund Balances (Deficit) - Ending Shady Oak Homeowners Road Cable Improvements Dell Transportation North PEG Area Road $- $- $- $- $- 3,168 - - 3,713 - - - 200,128 - - 1,985,301 - - - - - - - - - - - - - 181,755 3,947 17,709 69 66,089 - - - - - - - - - - 126,796 - - - - 274,000 - - - - 2,571,020 3,947 217,837 3,782 66,089 - - - 36,191 - - - - - - - - - - - - - - - - - - 66,946 - - - - - - - - - - - - 2,465,763 40,355 - - 431,093 - - - - - - - 12,485 - - - - - - - - - - - - 2,465,763 40,355 79,431 36,191 431,093 105,257 (36,408) 138,406 (32,409) (365,004) - - 39,867 - - 394,464 - - - - (55,514) (70,852) - - - 338,950 (70,852) 39,867 - - 444,207 (107,260) 178,273 (32,409) (365,004) 3,332,000 107,260 409,157 11,730 1,918,800 $3,776,207 $- $587,430 $(20,679) $1,553,796 Capital Projects 144 Page 8 of 8 City of Eden Prairie, Minnesota Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Nonmajor Governmental Funds For the Year Ended December 31, 2024 REVENUES General Property Taxes Special Assessments Licenses and Permits Intergovernmental Revenue Charges for Services Fines and Forfeits Investment Income Lease Income Rental Other Contributions and Donations Miscellaneous Total Revenues EXPENDITURES Current Community Development Police Public Works Parks and Recreation Capital Outlay Administration Community Development Police Public Works Parks and Recreation Debt Service Principal Interest Fiscal Agent Fees Total Expenditures Excess of Revenues Over (Under) Expenditures OTHER FINANCING SOURCES (USES) Issuance of Debt Transfers In Transfers Out Total Other Financing Sources (Uses) Net Change in Fund Balances Fund Balances (Deficit) - Beginning Fund Balances (Deficit) - Ending Cemetery Total Perpetual Nonmajor Willow Creek Care Governmental Utilities Total Fund Funds $- $3,656,879 $- $6,038,552 - 24,754 - 399,039 - 5,645,127 - 5,645,127 - 2,835,032 - 3,746,930 - 330,780 9,820 488,030 - 5,500 - 5,500 (2,005) 978,149 10,215 1,119,151 - 12,757 - 12,757 - 90,028 - 90,028 - 222,142 - 225,317 - 335,644 - 505,064 (2,005) 14,136,792 20,035 18,275,495 - 3,302,668 - 3,679,231 - 98,492 - 293,265 - - - 64,495 - 1,107 - 40,002 - 66,946 - 66,946 - 395,421 - 395,421 - - - - 15,023 10,589,307 - 10,589,307 - 1,508,008 - 1,508,008 - 24,023 - 2,568,023 - 1,262 - 398,040 - - - 494 15,023 15,987,234 - 19,603,232 (17,028) (1,850,442) 20,035 (1,327,737) - 39,867 - 39,867 - 806,736 - 806,736 - (139,238) - (462,850) - 707,365 - 383,753 (17,028) (1,143,077) 20,035 (943,984) (45,959) 24,039,890 232,653 27,974,202 $(62,987) $22,896,813 $252,688 $27,030,218 Capital Projects Permanent Fund 145 City of Eden Prairie, Minnesota Internal Service Funds Internal Service Funds Internal service funds are used to account for the financing of goods or services provided by one department or agency to other departments or agencies of the government and to other government units, on a cost reimbursement basis. Health & Benefits – This fund accounts for the activities pertaining to health, life and disability insurance. This fund also accounts for the employer’s portion of pension, FICA and Medicare contributions. Dental – This fund is to account for and finance its self-insured risk of loss for an employee dental plan. The dental plan is funded by the City, employee contributions, and investment earnings. Severance – This fund accounts for the payment of unused personal time off for governmental fund employees. Workers Compensation – This fund accounts for the costs associated with workers’ compensation. Revenues are primarily charges to other funds, interest earnings and insurance checks. Expenditures will consist of insurance premiums. Property Insurance – This fund accounts for the costs associated with the City’s property and casualty insurance program. Revenues are primarily charges to other funds and interest earnings. Expenditures will consist of insurance premiums. Facilities – This fund accounts for the costs associated with maintaining city owned buildings. Revenues are primarily charges to other funds, rental income, and interest earnings. Fleet – These funds account for the costs associated with maintaining and purchasing vehicles and equipment for the City. Revenues are primarily charges to other funds and interest earnings. Information Technology – These funds account for the provision of information technology services including infrastructure and applications. Revenues are primarily charges to other funds and interest earnings. 146 This page is intentionally left blank 147 City of Eden Prairie, Minnesota Internal Service FundsCombining Statement of Net Position December 31, 2024 Health &WorkersBenefitsDentalSeveranceCompensation ASSETS Current AssetsCash and Investments $2,721,781 $76,204 $1,444,113 $- Receivables Accounts 7,624 1,513 - - Lease Receivable - - - - Investment Interest 12,026 336 8,263 - Lease Receivable Interest - - - - Due From Other Governments 21,334 - - - Due From Other Funds - - 149,014 - Inventory - - - - Prepaid Items 3,747 - - 209,668 Total Current Assets 2,766,512 78,053 1,601,390 209,668 Noncurrent Assets: Lease Receivable - - - - Capital AssetsNot Being Depreciated or Amortized Work in Progress - - - - Depreciated or Amortized Property, Plant and Equipment - - - - IT Subscriptions - - - - Lease Asset - Building/Equipment - - - - Less Accumulated Depreciation/Amortization - - - - Total Noncurrent Assets - - - - Total Assets 2,766,512 78,053 1,601,390 209,668 DEFERRED OUTFLOWS OF RESOURCES Other Post Employment Benefits 747,896 - - 82 Total Deferred Outflows of Resources 747,896 - - 82 Total Assets and Deferred Outflows of Resources $3,514,408 $78,053 $1,601,390 $209,750 LIABILITIES Current Liabilities:Accounts Payable $259,122 $5,428 $- $- Claims Payable - 4,715 - - Salaries Payable - - - 2,086 Investment Interest Payable - - - 2,434 IT Subscriptions Interest Payable - - - - IT Subscriptions Liabilities - - - - Lease Interest Payable - - - - Due to Other Governments 109 - - - Due to Other Funds - - - 149,014 Unearned Revenue - - - - Current Other Postemployment Benefits Liability 57,083 - - - Current Lease Liability Payable - - - - Current Portion of Liabilities for Compensated Absences - - 1,342,274 - Total Current Liabilities 316,314 10,143 1,342,274 153,534 Noncurrent Liabilities: Total Other Postemployment Benefits Liability 2,416,928 - - 557 IT Subscriptions Liabilities - - - - Lease Liability Payable - - - - Liabilities for Compensated Absences - - 1,419,608 - Total Noncurrent Liabilities 2,416,928 - 1,419,608 557 Total Liabilities 2,733,242 10,143 2,761,882 154,091 DEFERRED INFLOWS OF RESOURCES Other Postemployment Benefits 1,015,961 - - 86 Deferred Inflow of Resource Related to Lease Receivable - - - - Total Deferred Inflows of Resources 1,015,961 - - 86 Total Liabilities and Deferred Inflows of Resources 3,749,203 10,143 2,761,882 154,177 NET POSITION Net Investment in Capital Assets - - - - Unrestricted (234,795) 67,910 (1,160,492) 55,573 Total Net Position (234,795) 67,910 (1,160,492) 55,573 Total Liabilities and Deferred Inflows of Resources $3,514,408 $78,053 $1,601,390 $209,750 and Net Position 148 City of Eden Prairie, Minnesota Internal Service FundsCombining Statement of Net Position December 31, 2024 ASSETS Current AssetsCash and InvestmentsReceivables Accounts Lease ReceivableInvestment Interest Lease Receivable Interest Due From Other GovernmentsDue From Other FundsInventory Prepaid Items Total Current Assets Noncurrent Assets: Lease ReceivableCapital AssetsNot Being Depreciated or Amortized Work in ProgressDepreciated or Amortized Property, Plant and Equipment IT SubscriptionsLease Asset - Building/EquipmentLess Accumulated Depreciation/Amortization Total Noncurrent Assets Total Assets DEFERRED OUTFLOWS OF RESOURCES Other Post Employment BenefitsTotal Deferred Outflows of Resources Total Assets and Deferred Outflows of Resources LIABILITIES Current Liabilities:Accounts Payable Claims Payable Salaries PayableInvestment Interest PayableIT Subscriptions Interest Payable IT Subscriptions LiabilitiesLease Interest PayableDue to Other Governments Due to Other Funds Unearned RevenueCurrent Other Postemployment Benefits LiabilityCurrent Lease Liability Payable Current Portion of Liabilities for Compensated AbsencesTotal Current Liabilities Noncurrent Liabilities: Total Other Postemployment Benefits LiabilityIT Subscriptions LiabilitiesLease Liability Payable Liabilities for Compensated AbsencesTotal Noncurrent Liabilities Total Liabilities DEFERRED INFLOWS OF RESOURCES Other Postemployment Benefits Deferred Inflow of Resource Related to Lease ReceivableTotal Deferred Inflows of Resources Total Liabilities and Deferred Inflows of Resources NET POSITION Net Investment in Capital Assets Unrestricted Total Net Position Total Liabilities and Deferred Inflows of Resources and Net Position Property InformationInsuranceFacilitiesFleetTechnology Total $192,914 $3,967,517 $3,089,601 $2,113,729 $13,605,859 - 22,355 15,244 214 46,950 - 824 - - 824 1,100 22,068 17,181 9,261 70,235 - 485 - - 485 - 128,580 - - 149,914 - - - - 149,014 - - 175,735 - 175,735 181,070 22,485 1,500 174,458 592,928 375,084 4,164,314 3,299,261 2,297,662 14,791,944 - 30,422 - - 30,422 - - 1,198,688 - 1,198,688 - 4,042,921 13,837,738 921,970 18,802,629 - - - 1,216,728 1,216,728 - - - 116,896 116,896 - (1,472,010) (7,811,491) (1,171,408) (10,454,909) - 2,601,333 7,224,935 1,084,186 10,910,454 375,084 6,765,647 10,524,196 3,381,848 25,702,398 82 8,539 7,683 4,237 768,519 82 8,539 7,683 4,237 768,519 $375,166 $6,774,186 $10,531,879 $3,386,085 $26,470,917 $25,000 $486,709 $210,967 $113,538 $1,100,764 - - - - 4,715 2,086 54,274 22,573 31,751 112,770 - - - - 2,434 - - - 13,092 13,092 - - - 168,091 168,091 - - - 146 146 - 64 1,058 - 1,231 - - - - 149,014 - 695 - - 695 - 750 1,071 447 59,351 - - - 24,423 24,423 - - - - 1,342,274 27,086 542,492 235,669 351,488 2,979,000 558 29,199 32,625 8,967 2,488,834 - - - 469,830 469,830 - - - 27,563 27,563 - - - - 1,419,608 558 29,199 32,625 506,360 4,405,835 27,644 571,691 268,294 857,848 7,384,835 86 11,840 11,645 6,306 1,045,924 - 27,677 - - 27,677 86 39,517 11,645 6,306 1,073,601 27,730 611,208 279,939 864,154 8,458,436 - 2,570,911 7,061,978 324,312 9,957,201 347,436 3,592,067 3,189,962 2,197,619 8,055,280 347,436 6,162,978 10,251,940 2,521,931 18,012,481 $375,166 $6,774,186 $10,531,879 $3,386,085 $26,470,917 149 City of Eden Prairie, Minnesota Internal Service Funds Combining Statement of Revenues Expenses and Changes in Net Position For the Year Ended December 31, 2024 Health &Workers Benefits Dental Severance Compensation OPERATING REVENUE Charges for Services $7,255,630 $329,227 $154,653 $1,675,428 Rental - - - - Lease Receivable Interest - - - - Total Operating Revenues 7,255,630 329,227 154,653 1,675,428 OPERATING EXPENSE Personnel Services 7,308,371 274,364 475,335 60,244 Supplies Supplies - - - - Cleaning Supplies - - - - Motor Fuel - - - - Tires - - - - Repair and Maintenance Supplies - - - - Contractual Services Contractual Services 15,902 23,318 - 1,353,568 Software - - - - Janitorial Services - - - - Licenses, Permits, Taxes - - - - Repair and Maintenance - - - - Utilities - - - - User Charges - - - - Capital Under $25,000 - - - - Total Operating Expenses 7,324,273 297,682 475,335 1,413,812 Operating Income (Loss) Before Depreciation/Amortization (68,643) 31,545 (320,682) 261,616 Depreciation/Amortization - - - - Operating Income (Loss) Before Nonoperating Revenue / Expense (68,643) 31,545 (320,682) 261,616 NONOPERATING REVENUE (EXPENSE) Grants - - - - Investment Income 97,272 2,521 67,428 (18,057) Lease Interest Expense - - - - Subscription Interest Expense - - - - Gain/(Loss) on Disposition of Capital Assets - - - - Contributions - - - - Miscellaneous 59,743 - - 105,796 Total Nonoperating Revenues (Expenses)157,015 2,521 67,428 87,739 Income (Loss) Before Contributions and Transfers 88,372 34,066 (253,254) 349,355 Contributions - from Governmental Activities - - - - Transfer In 500,000 - - - Change in Net Position 588,372 34,066 (253,254) 349,355 Net Position - Beginning (823,167) 33,844 (907,238) (293,782) Net Position - Ending $(234,795)$67,910 $(1,160,492)$55,573 150 City of Eden Prairie, Minnesota Internal Service Funds Combining Statement of Revenues Expenses and Changes in Net Position For the Year Ended December 31, 2024 OPERATING REVENUE Charges for Services Rental Lease Receivable Interest Total Operating Revenues OPERATING EXPENSE Personnel Services Supplies Supplies Cleaning Supplies Motor Fuel Tires Repair and Maintenance Supplies Contractual Services Contractual Services Software Janitorial Services Licenses, Permits, Taxes Repair and Maintenance Utilities User Charges Capital Under $25,000 Total Operating Expenses Operating Income (Loss) Before Depreciation/Amortization Depreciation/Amortization Operating Income (Loss) Before Nonoperating Revenue / Expense NONOPERATING REVENUE (EXPENSE) Grants Investment Income Lease Interest Expense Subscription Interest Expense Gain/(Loss) on Disposition of Capital Assets Contributions Miscellaneous Total Nonoperating Revenues (Expenses) Income (Loss) Before Contributions and Transfers Contributions - from Governmental Activities Transfer In Change in Net Position Net Position - Beginning Net Position - Ending Property Information Insurance Facilities Fleet Technology Total $973,584 $6,280,877 $3,325,855 $3,474,692 $23,469,946 - 57,543 - - 57,543 - 1,187 - - 1,187 973,584 6,339,607 3,325,855 3,474,692 23,528,676 60,243 1,401,055 628,310 877,370 11,085,292 - 8,754 73,011 10,020 91,785 - 124,976 1,332 - 126,308 - 4,724 420,850 - 425,574 - - 55,068 - 55,068 - 308,223 370,685 - 678,908 961,722 2,332,117 66,608 130,536 4,883,771 - - - 1,460,724 1,460,724 - 910,047 - - 910,047 - 2,173 4,642 - 6,815 - - 322,311 - 322,311 - 1,465,660 16,494 241,600 1,723,754 - 45,690 - - 45,690 - 146,580 12,070 178,934 337,584 1,021,965 6,749,999 1,971,381 2,899,184 22,153,631 (48,381) (410,392) 1,354,474 575,508 1,375,045 - 109,397 870,324 452,411 1,432,132 (48,381) (519,789) 484,150 123,097 (57,087) - 128,580 - - 128,580 9,240 177,909 148,008 75,733 560,054 - - - (2,121) (2,121) - - - (47,252) (47,252) - - 312,110 - 312,110 - - 10,289 - 10,289 - 22,407 2,277 221 190,444 9,240 328,896 472,684 26,581 1,152,104 (39,141) (190,893) 956,834 149,678 1,095,017 - - 38,950 - 38,950 - 250,000 47,279 - 797,279 (39,141) 59,107 1,043,063 149,678 1,931,246 386,577 6,103,871 9,208,877 2,372,253 16,081,235 $347,436 $6,162,978 $10,251,940 $2,521,931 $18,012,481 151 City of Eden Prairie, Minnesota Internal Service FundsCombining Statement of Cash FlowsFor the Year Ended December 31, 2024 Health &WorkersBenefitsDentalSeveranceCompensation CASH FLOWS FROM OPERATING ACTIVITIES Receipts From Customers $7,256,802 $328,849 $154,653 $1,675,428 Payments to Vendors 17,267 (25,650) - (1,296,418) Payments to Employees (7,259,891) (275,997) (170,402) (59,844) Other Receipts - - - - Net Cash Provided (Used) By Operating Activities 14,178 27,202 (15,749) 319,166 CASH FLOWS FROM INVESTING ACTIVITIES Investment Income 97,092 2,342 67,825 (16,617) Net Cash Provided (Used) By Investing Activities 97,092 2,342 67,825 (16,617) CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES Grants - - - - Payments From Other Funds - - 408,345 - Payments to Other Funds - - - (408,345) Transfers In 500,000 - - - Miscellaneous 59,743 - - 105,796 Net Cash Provided (Used) By Noncapital Financing Activities 559,743 - 408,345 (302,549) CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITES Acquisition and Construction of Capital Assets - - - - Proceeds From Sale of Equipment - - - - Principal Paid on Debt - - - - Interest and Fiscal Agent Paid on Debt - - - - Net Cash Provided (Used) By Capital and Related Financing Activities - - - - Net Increase (Decrease) in Cash and Cash Equivalents 671,013 29,544 460,421 - Cash and Cash Equivalents, January 1 2,050,768 46,660 983,692 - Cash and Cash Equivalents, December 31 $2,721,781 $76,204 $1,444,113 $- 152 City of Eden Prairie, Minnesota Internal Service FundsCombining Statement of Cash FlowsFor the Year Ended December 31, 2024 CASH FLOWS FROM OPERATING ACTIVITIES Receipts From Customers Payments to VendorsPayments to EmployeesOther Receipts Net Cash Provided (Used) By Operating Activities CASH FLOWS FROM INVESTING ACTIVITIES Investment IncomeNet Cash Provided (Used) By Investing Activities CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES GrantsPayments From Other FundsPayments to Other Funds Transfers InMiscellaneous Net Cash Provided (Used) By Noncapital Financing Activities CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITES Acquisition and Construction of Capital Assets Proceeds From Sale of Equipment Principal Paid on DebtInterest and Fiscal Agent Paid on Debt Net Cash Provided (Used) By Capital and Related Financing Activities Net Increase (Decrease) in Cash and Cash Equivalents Cash and Cash Equivalents, January 1 Cash and Cash Equivalents, December 31 Page 1 of 2 Property InformationInsuranceFacilitiesFleetTechnology Total $973,584 $6,347,317 $3,313,864 $3,475,522 $23,526,019 (942,260) (5,663,893) (1,578,056) (1,984,645) (11,473,655) (59,843) (1,390,633) (622,538) (870,415) (10,709,563) - 58,405 - - 58,405 (28,519) (648,804) 1,113,270 620,462 1,401,206 9,523 177,106 155,531 76,313 569,115 9,523 177,106 155,531 76,313 569,115 - 128,580 - - 128,580 - - - - 408,345 - - - - (408,345) - 250,000 - - 750,000 - 22,407 12,566 221 200,733 - 400,987 12,566 221 1,079,313 - (111,552) (2,336,721) (230,676) (2,678,949) - - 312,110 - 312,110 - - - (204,092) (204,092) - - - (54,445) (54,445) - (111,552) (2,024,611) (489,213) (2,625,376) (18,996) (182,263) (743,244) 207,783 424,258 211,910 4,149,780 3,832,845 1,905,946 13,181,601 $192,914 $3,967,517 $3,089,601 $2,113,729 $13,605,859 153 City of Eden Prairie, Minnesota Internal Service FundsCombining Statement of Cash FlowsFor the Year Ended December 31, 2024 Health &WorkersBenefitsDentalSeveranceCompensation RECONCILIATION OF OPERATING INCOME (LOSS) TO NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES: Operating Income (Loss)$(68,643) $31,545 $(320,682) $261,616 Adjustments to Reconcile Operating Income (Loss) to Net Cash Provided (Used) by Operating Activities:Depreciation/Amortization - - - - (Increase) Decrease in Assets: Accounts Receivable 1,172 (378) - - Lease Receivable - - - - Due From Other Governments 17,224 - - - Inventory - - - - Prepaid Items (3,747) - - 57,150 Other Post Employment Benefits (Deferred Outflow)53,957 - - - Increase (Decrease) in Liabilities: Accounts Payable 235,302 (2,332) - - Salaries Payable - (1,633) (2,246) 399 Unearned Revenue - - - - Due to Other Governments (215,610) - - - Other Postemployment Benefits Liability (215,627) - - 1 Other Post Employment Benefits (Deferred Inflow)210,150 - - - Compensated Absences - - 307,179 - Net Cash Provided (Used) by Operating Activities $14,178 $27,202 $(15,749) $319,166 Noncash Investing, Capital and Financing Activities:Contributions of Capital Assets from Governmental Activities $- $- $- $- Transfer of Capital Assets from Proprietary Activities - - - - 154 City of Eden Prairie, Minnesota Internal Service FundsCombining Statement of Cash FlowsFor the Year Ended December 31, 2024 RECONCILIATION OF OPERATING INCOME (LOSS) TO NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES: Operating Income (Loss)Adjustments to Reconcile Operating Income (Loss) to Net Cash Provided (Used) by Operating Activities:Depreciation/Amortization(Increase) Decrease in Assets: Accounts ReceivableLease Receivable Due From Other GovernmentsInventoryPrepaid Items Other Post Employment Benefits (Deferred Outflow)Increase (Decrease) in Liabilities: Accounts PayableSalaries PayableUnearned Revenue Due to Other GovernmentsOther Postemployment Benefits Liability Other Post Employment Benefits (Deferred Inflow)Compensated Absences Net Cash Provided (Used) by Operating Activities Noncash Investing, Capital and Financing Activities:Contributions of Capital Assets from Governmental ActivitiesTransfer of Capital Assets from Proprietary Activities Page 2 of 2 Property InformationInsuranceFacilitiesFleetTechnology Total $(48,381) $(519,789) $484,150 $123,097 $(57,087) - 109,397 870,324 452,411 1,432,132 - 65,745 (11,991) 830 55,378 - (325) - - (325) - (128,580) - - (111,356) - - (4,991) - (4,991) (4,270) (22,446) - (6,816) 19,871 - 709 1,012 423 56,101 - 23,732 (163,987) (223,491) 45,029 (85,747) 399 9,785 4,863 6,575 18,142 - 695 - - 695 - 64 (6,503) (1,044) (223,093) 1 (2,834) (4,047) (1,688) (224,194) - 2,762 3,944 1,645 218,501 - - - - 307,179 $(28,519) $(648,804) $1,113,270 $620,462 $1,401,206 $- $- $38,950 $- $38,950 - - 47,279 - 47,279 155 City of Eden Prairie, Minnesota Custodial Funds Custodial Funds Custodial funds are used to account for assets held by the government as an agent for individuals, private organizations, other governments, or other funds. WAFTA – This fund accounts for the collection and remittance of expenses pertaining to the fire training facility owned by 11 member cities. MCES - This fund accounts for the collection and remittance of sewer availability charges to the Metropolitan Council Environmental Services. Escrow - This fund is used to account for evidence held by the Police Department. Fencing – The seven-county metro area has formed a Fencing Consortium to provide anti-scale fencing. The intent of the Fencing Consortium is to provide anti-scale fencing within hours around potentially impacted government buildings in response to a critical incident. The Consortium is funded by membership dues. I-494 Corridor Commission – This fund accounts for the collection and remittance of expenses pertaining to the policy work and employer and commuter outreach performed by staff of the I-494 Corridor Commission. The Commission is funded by member cities, a federal Congestion Mitigation & Air Quality grant, and a Telework state grant. 156 City of Eden Prairie, Minnesota Fiduciary Funds Statement of Fiduciary Net Position December 31, 2024 Custodial Funds WAFTA MCES Escrow Fencing I-494 Total ASSETS Cash and Investments $394,879 $54,670 $141,750 $88,229 $156,743 $836,271 Accounts Receivable - - - - 445 445 Due from Other Governments - - - - 65,241 65,241 Prepaids 937 - - 58,559 8,816 68,312 Total Assets $395,816 $54,670 $141,750 $146,788 $231,245 $970,269 LIABILITIES Accounts Payable $66 $- $87,706 $- $13,400 $101,172 Due to Other Governments - 54,670 - - - 54,670 Unearned Revenue - - - - 40,257 40,257 Total Liabilities $66 $54,670 $87,706 $- $53,657 $196,099 NET POSITION Restricted For: Police Evidence Cash $- $- $54,044 $- $- $54,044 Western Area Fire Training Costs 395,750 - - - - 395,750 Fencing Consortium Costs - - - 146,788 - 146,788 I-494 Corridior Commission Costs - - - - 177,588 177,588 $395,750 $- $54,044 $146,788 $177,588 $774,170 157 City of Eden Prairie, Minnesota Fiduciary Funds Statement of Changes in Fiduciary Net Position For the Year Ended December 31, 2024 Custodial Funds WAFTA MCES Escrow Fencing I-494 Total ADDITIONS Grants $- $- $- $- $630,162 $630,162 Memberships 22,000 - - 274,295 174,242 470,537 Investments Earnings 16,613 - - 6,131 13,977 36,721 Building Permits - 472,150 - - - 472,150 Other 65 - 24,646 9 1,421 26,141 Total Additions 38,678 472,150 24,646 280,435 819,802 1,635,711 DEDUCTIONS Personnel Services - - - - 508,481 508,481 Supplies - - - - 31,935 31,935 Contractual Services 20,043 472,150 - 247,563 286,668 1,026,424 Total Deductions 20,043 472,150 - 247,563 827,084 1,566,840 Net Increase (Decrease) in Fiduciary Net Position 18,635 - 24,646 32,872 (7,282) 68,871 Net Position - Beginning 377,115 - 29,398 113,916 184,870 705,299 Net Position - Ending $395,750 $- $54,044 $146,788 $177,588 $774,170 158 STATISTICAL SECTION 159 City of Eden Prairie, Minnesota Statistical Section (Unaudited) This part of the City of Eden Prairie’s annual comprehensive financial report presents detailed information as a context for understanding this year’s financial statements, note disclosures, and supplementary information. This information has not been audited by the independent auditor. Contents Page Financial Trends .................................................................................................................................................... 161-166 These tables contain trend information that may assist the reader in assessing the City’s current financial performance by placing it in historical perspective. Revenue Capacity ........................................................................................................................................... 167-170 These tables contain information that may assist the reader in assessing the viability of the City’s most significant “own-source” revenue, the property tax. Debt Capacity .......................................................................................................................................................... 171-174 These tables present information that may assist the reader in analyzing the affordability of the City’s current levels of outstanding debt and the City’s ability to issue additional debt in the future. Demographic and Economic Information ................................................................................................... 175-176 These tables offer economic and demographic indicators that are commonly used for financial analysis and that can increase one’s understanding of the City’s present and ongoing financial status. Operating Information ........................................................................................................................................ 177-179 These tables contain service and infrastructure indicators that can increase one’s understanding of how the information in the City’s financial statements relates to the services the City provides and the activities it performs. Source: Unless otherwise noted, the information in these tables is derived from the annual comprehensive financial reports for the relevant year. 160 City of Eden Prairie, Minnesota Government-wide Net Position by Category (accrual basis of accounting) Last Ten Years 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 GOVERNMENTAL ACTIVITIES Net Investment in Capital Assets $189,217,647 $191,675,648 $195,150,960 $198,061,704 $204,564,164 $207,181,863 $209,098,130 $212,853,068 $219,430,606 $223,451,959 Restricted 23,112,719 26,405,621 23,186,863 28,343,449 20,531,807 18,319,451 16,430,792 16,290,155 17,982,996 17,244,145 Unrestricted 31,911,221 21,694,457 29,707,881 29,069,260 33,229,904 44,514,934 59,396,843 65,028,175 66,653,801 71,929,066 Governmental Activities Net Position 244,241,587 239,775,726 248,045,704 255,474,413 258,325,875 270,016,248 284,925,765 294,171,398 304,067,403 312,625,170 BUSINESS-TYPE ACTIVITIES Net Investment in Capital Assets 128,130,738 125,479,624 121,073,703 116,820,164 114,243,631 120,560,158 114,898,693 105,257,847 103,038,198 102,799,595 Unrestricted 14,792,266 16,155,406 19,142,578 22,590,071 25,296,848 22,267,651 27,910,252 33,151,502 41,489,192 43,505,744 Business-Type Activities Net Position 142,923,004 141,635,030 140,216,281 139,410,235 139,540,479 142,827,809 142,808,945 138,409,349 144,527,390 146,305,339 PRIMARY GOVERNMENT Net Investment in Capital Assets 317,348,385 317,155,272 316,224,663 314,881,868 318,807,795 327,742,021 323,996,823 318,110,915 322,468,804 326,251,554 Restricted 23,112,719 26,405,621 23,186,863 28,343,449 20,531,807 18,319,451 16,430,792 16,290,155 17,982,996 17,244,145 Unrestricted 46,703,487 37,849,863 48,850,459 51,659,331 58,526,752 66,782,585 87,307,095 98,179,677 108,142,993 115,434,810 Primary Government Net Position $387,164,591 $381,410,756 $388,261,985 $394,884,648 $397,866,354 $412,844,057 $427,734,710 $432,580,747 $448,594,793 $458,930,509 161 City of Eden Prairie, Minnesota Changes in Net Position-Total (accrual basis of accounting) Last Ten Years Source 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 EXPENSES Governmental Activities $65,402,641 $63,294,429 $60,402,652 $59,821,696 $67,623,543 $60,556,153 $61,204,663 $69,774,367 $70,960,838 $75,729,203 Business-type Activities 27,924,045 30,170,309 28,922,085 30,324,121 30,033,843 30,124,648 33,758,571 36,179,924 35,524,608 34,687,097 Total Expenses 93,326,686 93,464,738 89,324,737 90,145,817 97,657,386 90,680,801 94,963,234 105,954,291 106,485,446 110,416,300 PROGRAM REVENUES Governmental Activities 31,911,922 18,955,697 19,086,961 23,707,803 26,795,160 26,013,884 29,841,902 29,137,248 26,825,202 27,727,378 Business-type Activities 27,330,069 29,392,647 28,144,288 30,391,136 29,543,322 33,416,255 35,519,042 36,810,235 37,908,268 35,457,725 Total Program Revenues 59,241,991 48,348,344 47,231,249 54,098,939 56,338,482 59,430,139 65,360,944 65,947,483 64,733,470 63,185,103 Net (Expense) Revenue (34,084,695) (45,116,394) (42,093,488) (36,046,878) (41,318,904) (31,250,662) (29,602,290) (40,006,808) (41,751,976) (47,231,197) GENERAL REVENUES AND TRANSFERS Governmental Activities 37,694,597 39,872,871 41,618,266 43,542,602 43,679,845 46,232,642 46,272,278 49,882,752 53,082,482 56,559,592 Business-type Activities 336,534 (510,312) (640,952) (873,061) 620,765 (4,277) (1,779,335) (5,029,907) 213,891 694,272 Total General Revenues and Transfers 38,031,131 39,362,559 40,977,314 42,669,541 44,300,610 46,228,365 44,492,943 44,852,845 53,296,373 57,253,864 Change in Net Position $3,946,436 $(5,753,835) $(1,116,174) $6,622,663 $2,981,706 $14,977,703 $14,890,653 $4,846,037 $11,544,397 $10,022,667 162 City of Eden Prairie, Minnesota Changes in Net Position-Governmental Activities (accrual basis of accounting) Last Ten Years SOURCES 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 EXPENSES Administration $5,579,070 $5,003,957 $4,611,732 $5,092,886 $4,827,249 $5,554,966 $4,679,960 $5,751,886 $5,819,132 $5,490,456 Community Development 7,730,338 5,692,215 6,222,326 4,942,029 4,771,490 4,767,416 5,198,300 5,986,996 5,762,042 6,524,721 Police 14,118,565 17,793,494 15,769,976 14,365,502 15,021,975 15,189,099 14,150,218 17,956,084 20,135,104 20,356,541 Fire 6,324,124 7,542,196 6,896,697 6,406,404 7,191,071 6,131,926 6,474,736 5,689,004 7,371,601 7,022,284 Public Works 17,652,163 11,035,229 10,616,604 10,098,667 19,518,141 14,981,533 14,706,067 16,584,584 13,711,989 17,135,064 Parks and Recreation 12,862,402 15,133,618 15,274,479 18,008,795 15,458,406 13,135,532 15,218,460 17,931,630 17,801,245 18,904,858 Interest on Long Term Debt 1,135,979 1,093,720 1,010,838 907,413 835,211 795,681 776,922 (125,817) 359,725 295,279 Total Expenses 65,402,641 63,294,429 60,402,652 59,821,696 67,623,543 60,556,153 61,204,663 69,774,367 70,960,838 75,729,203 PROGRAM REVENUES Charges for Services Administration 1,132,606 1,442,068 1,173,177 1,079,151 1,052,388 982,079 1,109,882 897,992 932,607 1,084,650 Community Development 93,195 152,708 127,248 161,918 180,443 142,353 124,707 85,127 76,298 63,574 Police 1,063,129 1,131,502 1,039,936 1,115,447 1,103,269 847,564 989,466 1,022,601 991,422 1,505,310 Fire 2,571,830 2,315,725 2,240,351 3,505,901 3,580,095 3,609,503 4,696,599 3,948,568 3,719,560 3,487,567 Public Works 975,701 330,709 218,292 274,679 1,070,746 329,277 214,521 336,140 368,949 889,734 Parks and Recreation 5,229,060 5,513,331 6,091,247 5,854,094 6,004,835 2,445,386 5,559,244 7,052,917 6,920,145 6,235,124 Operating Grants and Contributions 1,818,333 1,614,263 1,707,453 2,457,482 2,461,663 7,376,216 6,509,714 6,798,808 3,227,456 3,954,756 Capital Grants and Contributions 19,028,068 6,455,391 6,489,257 9,259,131 11,341,721 10,281,506 10,637,769 8,995,095 10,588,765 10,506,663 Total Program Revenues 31,911,922 18,955,697 19,086,961 23,707,803 26,795,160 26,013,884 29,841,902 29,137,248 26,825,202 27,727,378 Net (Expense) Revenue (33,490,719) (44,338,732) (41,315,691) (36,113,893) (40,828,383) (34,542,269) (31,362,761) (40,637,119) (44,135,636) (48,001,825) GENERAL REVENUES AND TRANSFERS Taxes Property Taxes 33,708,909 34,217,549 35,405,930 37,338,583 38,203,969 39,864,882 40,478,282 43,333,223 44,019,754 46,916,130 Tax Increment 3,249,355 3,357,247 3,570,703 2,320,447 1,936,046 2,193,637 2,681,357 2,750,448 2,576,991 3,447,728 Gain on Sale of Capital Assets - - - - - - - - 167,444 462,110 Grants and Contributions Not Restricted to Specific Programs 741,828 1,268,257 1,545,745 1,644,788 1,718,391 1,788,293 1,836,431 971,536 565,167 608,051 Investment Income 272,989 418,849 334,305 988,382 1,747,241 1,651,912 (335,188) (1,511,717) 4,004,805 4,012,276 Transfers (278,484) 610,969 761,583 1,250,402 74,198 733,918 1,611,396 4,339,262 1,748,321 1,113,297 Total General Revenues and Transfers 37,694,597 39,872,871 41,618,266 43,542,602 43,679,845 46,232,642 46,272,278 49,882,752 53,082,482 56,559,592 Change in Net Position $4,203,878 $(4,465,861) $302,575 $7,428,709 $2,851,462 $11,690,373 $14,909,517 $9,245,633 $8,946,846 $8,557,767 163 City of Eden Prairie, Minnesota Changes in Net Position-Business-type Activities (accrual basis of accounting) Last Ten Years SOURCE 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 EXPENSES Water $8,905,768 $10,526,151 $9,686,669 $10,460,599 $9,708,148 $9,481,491 $12,433,736 $13,549,136 $13,276,328 $11,973,426 Wastewater 6,565,966 7,407,149 6,913,276 7,469,070 7,678,652 7,496,256 7,504,396 8,375,360 7,692,294 8,385,221 Stormwater 2,082,594 1,793,588 2,437,573 2,351,367 2,413,725 2,538,257 2,894,253 3,170,444 3,268,137 3,278,531 Liquor 10,369,717 10,443,421 9,884,567 10,043,085 10,233,318 10,608,644 10,926,186 11,084,984 11,287,849 11,049,919 Total Expenses 27,924,045 30,170,309 28,922,085 30,324,121 30,033,843 30,124,648 33,758,571 36,179,924 35,524,608 34,687,097 PROGRAM REVENUES Charges for ServicesWater 7,162,740 7,675,337 7,846,540 8,422,155 7,699,582 8,987,364 10,682,945 11,008,837 11,831,046 9,856,359 Wastewater 5,661,990 5,789,584 5,863,517 6,356,014 6,726,548 6,895,764 7,460,750 7,517,471 7,725,339 7,952,403 Stormwater 1,933,572 2,095,629 2,400,254 2,786,754 3,125,251 3,376,785 3,631,369 3,770,562 3,879,587 3,983,024 Liquor 11,312,822 10,747,887 10,501,449 10,848,725 10,977,643 11,711,560 11,923,359 12,067,226 12,069,015 11,967,286 Operating Grants and Contributions 133,195 155,041 238,392 20,665 69,429 117,123 68,185 107,493 45,315 44,114 Capital Grants and Contributions 1,125,750 2,929,169 1,294,136 1,956,823 944,869 2,327,659 1,752,434 2,338,646 2,357,966 1,654,539 Total Program Revenues 27,330,069 29,392,647 28,144,288 30,391,136 29,543,322 33,416,255 35,519,042 36,810,235 37,908,268 35,457,725 Net (Expense) Revenue (593,976) (777,662) (777,797) 67,015 (490,521) 3,291,607 1,760,471 630,311 2,383,660 770,628 GENERAL REVENUES AND TRANSFERS Grants and Contributions Not Restricted - - - - - - - - 117,647 34,244 to Specific Programs Gain on Sale of Capital Assets - - - - - - - - 3,563 Investment Income 58,050 100,657 120,631 377,341 694,963 729,641 (167,939) (690,645) 1,841,002 1,773,325 Transfers 278,484 (610,969) (761,583) (1,250,402) (74,198) (733,918) (1,611,396) (4,339,262) (1,748,321) (1,113,297) Total General Revenues and Transfers 336,534 (510,312) (640,952) (873,061) 620,765 (4,277) (1,779,335) (5,029,907) 213,891 694,272 Change in Net Position $(257,442) $(1,287,974) $(1,418,749) $(806,046) $130,244 $3,287,330 $(18,864) $(4,399,596) $2,597,551 $1,464,900 164 City of Eden Prairie, Minnesota Fund Balances-Governmental Funds Last Ten Years 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 GENERAL FUND Nonspendable $22,947 $35,792 $30,037 $103,845 $69,611 $94,824 $187,378 $180,596 $109,576 $105,900 Restricted - 286,942 - - 11,148 10,572 - - - - Unassigned 22,859,810 23,171,318 22,592,160 24,438,689 25,354,724 26,197,429 29,132,535 33,252,089 33,607,091 33,716,603 Subtotal General Fund 22,882,757 23,494,052 22,622,197 24,542,534 25,435,483 26,302,825 29,319,913 33,432,685 33,716,667 33,822,503 General Fund % Change 2.5% 2.7% (3.7%)8.5%3.6%3.4% 11.5% 14.0%0.8%0.3% ALL OTHER GOV'T FUNDS Nonspendable 1,938,628 250,970 250,290 227,197 221,019 227,706 266,408 298,312 276,872 213,929 Restricted 10,891,614 11,676,546 7,680,713 11,577,849 13,330,982 20,224,326 26,854,736 15,106,171 12,965,377 11,578,551 Assigned 22,935,181 19,799,434 25,270,027 25,215,825 24,996,835 31,958,975 34,757,827 36,717,748 43,515,281 45,692,484 Unassigned (6,572,969) (5,110,657) (2,587,713) (4,512,314) (2,218,785) (3,741,963) (2,227,264) (1,458,107) (563,794) (421,313) Subtotal All Other Govt' Funds 29,192,454 26,616,293 30,613,317 32,508,557 36,330,051 48,669,044 59,651,707 50,664,124 56,193,736 57,063,651 TOTAL GOVT' FUNDS Nonspendable 1,961,575 286,762 280,327 331,042 290,630 322,530 453,786 478,908 386,448 319,829 Restricted 10,891,614 11,963,488 7,680,713 11,577,849 13,342,130 20,234,898 26,854,736 15,106,171 12,965,377 11,578,551 Assigned 22,935,181 19,799,434 25,270,027 25,215,825 24,996,835 31,958,975 34,757,827 36,717,748 43,515,281 45,692,484 Unassigned 16,286,841 18,060,661 20,004,447 19,926,375 23,135,939 22,455,466 26,905,271 31,793,982 33,043,297 33,295,290 Total Govt' Funds $52,075,211 $50,110,345 $53,235,514 $57,051,091 $61,765,534 $74,971,869 $88,971,620 $84,096,809 $89,910,403 $90,886,154 All Govt' Funds % Change (23.6%) (3.8%)6.2%7.2%8.3% 21.4% 18.7% (5.5%)6.9%1.1% 165 City of Eden Prairie, Minnesota Changes in Fund Balances-Governmental Funds (modified accrual basis of accounting) Last Ten Years SOURCE 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 REVENUES Taxes and Special Assessments $44,259,324 $41,169,891 $42,262,252 $42,826,126 $42,964,367 $44,264,894 $46,176,740 $46,337,423 $47,888,864 $50,901,716 Licenses and Permits 6,686,477 6,017,523 5,810,945 7,938,046 9,054,415 8,351,257 9,207,247 8,639,380 9,857,421 10,926,477 Intergovernmental Revenue 6,299,840 2,362,417 7,787,877 2,980,678 14,691,473 10,676,031 11,176,877 13,417,354 7,687,714 6,554,660 Charges for Services 4,864,818 5,325,932 5,744,494 5,976,951 6,132,338 2,464,886 5,680,570 7,128,820 7,071,359 6,658,321 Fines and Forfeits 344,384 346,823 347,285 416,028 370,944 231,166 323,965 297,682 351,891 436,747 Investment Income 276,176 417,997 310,433 887,536 1,523,825 1,458,094 (279,195) (1,264,760) 3,375,808 3,462,437 Lease Income - - - - - - - 88,712 120,119 139,879 Miscellaneous Revenue 7,098,463 3,249,117 2,835,760 4,853,894 4,684,221 5,166,785 2,519,176 2,113,950 1,220,399 1,896,801 Total Revenues 69,829,482 58,889,700 65,099,046 65,879,259 79,421,583 72,613,113 74,805,380 76,758,561 77,573,575 80,977,038 EXPENDITURES Administration 3,809,732 4,280,665 4,036,821 4,467,514 4,455,624 4,547,110 4,652,491 5,299,977 5,523,671 5,194,570 Community Development 7,666,282 5,536,030 6,102,434 5,143,042 4,762,403 4,975,185 5,399,337 5,822,510 5,682,164 6,330,324 Police 13,704,796 13,917,677 14,183,797 14,672,312 15,354,150 15,537,807 16,332,800 17,306,528 18,116,124 19,844,458 Fire 5,754,747 5,699,308 6,145,202 6,058,619 5,854,829 6,378,338 6,421,157 6,841,419 6,760,050 7,407,428 Public Works 5,869,727 5,929,171 6,194,054 5,997,312 6,010,535 6,090,297 6,207,912 6,640,329 6,853,256 6,630,489 Parks and Recreation 10,571,858 11,008,845 11,309,009 12,176,110 12,629,951 11,137,410 12,360,785 13,684,180 14,506,140 15,394,431 Capital Outlay 31,265,363 15,133,476 8,779,760 9,816,539 24,076,873 13,411,943 12,224,168 14,365,404 13,844,146 16,935,873 Miscellaneous 39,283 49,954 40,019 66,154 65,245 98,137 - - - - Debt ServicePrincipal 3,974,224 3,415,369 5,657,828 3,869,824 3,436,793 3,743,793 4,956,848 2,696,989 2,581,686 2,660,069 Interest 1,304,947 1,148,544 1,068,403 975,631 895,435 815,351 688,156 578,520 458,020 405,783 Other 22,517 66,043 23,500 16,848 10,838 64,875 137,719 8,733 5,099 494 Total Expenditures 83,983,476 66,185,082 63,540,827 63,259,905 77,552,676 66,800,246 69,381,373 73,244,589 74,330,356 80,803,919 Excess of Revenues Over (Under) Expenditures (14,153,994) (7,295,382) 1,558,219 2,619,354 1,868,907 5,812,867 5,424,007 3,513,972 3,243,219 173,119 Other Financing Sources (Uses)(1,925,400) 5,330,516 1,566,950 1,196,223 2,845,536 7,393,468 8,575,744 (8,388,783) 2,570,375 802,632 Net Change in Fund Balance $(16,079,394) $(1,964,866) $3,125,169 $3,815,577 $4,714,443 $13,206,335 $13,999,751 $(4,874,811) $5,813,594 $975,751 Debt Service as a % of Noncapital Expenditures 7.9%8.1% 11.4%8.0%6.4%7.2%8.3%4.7%4.5%4.0% 166 City of Eden Prairie, Minnesota Assessed/Tax Capacity Value and Estimated Market Value of Property Last Ten Years Tax Tax Capacity Less: Less:Total Total Estimated Annual Payable Personal Commercial Farm &Before Fiscal Tax Assessed Direct Market % Dec. 31 Property Residential Apartments & Industrial Other Deductions Disparities Increment Value Tax Rate Value Change 2015 $1,581,718 $63,907,631 $7,045,373 $38,765,135 $49,597 $111,349,454 $15,719,259 $2,933,721 $92,696,474 $33.954 $9,078,339,200 5.2%2016 1,659,596 68,205,510 7,667,144 40,928,173 45,052 118,505,475 15,104,618 3,126,571 100,274,286 32.327 9,633,243,700 6.1% 2017 1,778,971 69,180,068 8,887,941 41,710,414 44,200 121,601,594 16,281,768 3,209,405 102,110,421 32.667 9,872,802,500 2.5% 2018 1,317,656 72,149,265 9,758,671 41,957,995 43,813 125,227,400 16,415,817 2,208,824 106,602,759 32.526 10,209,614,900 3.4% 2019 1,995,250 75,815,471 10,394,693 42,523,027 44,602 130,773,043 16,343,594 1,869,603 112,559,846 31.690 10,663,264,100 4.4% 2020 1,947,874 79,500,899 11,243,928 43,474,992 46,519 136,214,212 17,538,211 2,121,042 116,554,959 31.676 11,121,835,000 4.3%2021 2,051,756 80,291,885 12,786,587 45,576,586 46,926 140,753,740 17,487,960 2,669,795 120,595,985 31.589 11,432,806,600 2.8%2022 1,161,844 83,981,033 13,846,793 45,217,108 47,063 144,253,841 18,644,565 2,767,772 122,841,504 32.475 11,797,011,500 3.2% 2023 1,261,919 101,477,516 14,702,244 46,666,073 47,873 164,155,625 17,627,603 2,847,499 143,680,523 29.039 13,485,585,500 14.3% 2024 1,323,445 107,767,230 16,316,489 51,016,380 49,931 176,473,475 18,547,391 3,817,370 154,108,714 28.600 14,383,507,900 6.7% 2015 1.4%57.4%6.3%34.8%0.0%17.0%3.2%2016 1.4%57.6%6.5%34.5%0.0%15.1%3.1%2017 1.5%56.9%7.3%34.3%0.0%15.9%3.1% 2018 1.1%57.6%7.8%33.5%0.0%15.4%2.1% 2019 1.5%58.0%7.9%32.5%0.0%14.5%1.7% 2020 1.4%58.4%8.3%31.9%0.0%15.0%1.8% 2021 1.5%57.0%9.1%32.4%0.0%14.5%2.2%2022 0.8%58.2%9.6%31.3%0.0%15.2%2.3%2023 0.8%61.8%9.0%28.4%0.0%12.3%2.0% 2024 0.7%61.1%9.2%28.9%0.0%12.0%2.5% Source: City Assessing Department and Hennepin County Percentages Tax Capacity 167 City of Eden Prairie, Minnesota Direct and Overlapping Property Tax Rate Last Ten Years Year Total School School School Watershed Watershed Watershed Ended City HRA City Hennepin Special District District District District District District Dec. 31 Rate Rate Rate County Districts (1)#270 #272 #276 #1 #2 #4 2015 33.749 0.205 33.954 46.398 9.785 30.340 22.030 25.093 1.315 0.686 1.855 2016 32.137 0.190 32.327 45.356 9.530 28.514 20.948 22.887 1.233 0.598 1.745 2017 32.480 0.187 32.667 44.087 9.319 25.611 21.865 22.770 1.257 0.718 1.992 2018 32.348 0.178 32.526 42.808 8.973 29.035 20.525 23.133 1.204 0.659 2.269 2019 31.521 0.169 31.690 41.861 8.550 27.022 20.756 21.209 1.164 0.527 2.204 2020 31.513 0.163 31.676 41.084 8.219 27.190 21.555 21.167 1.111 0.574 2.160 2021 31.432 0.157 31.589 38.210 7.813 26.478 21.717 20.923 1.020 0.550 1.992 2022 32.322 0.153 32.475 38.535 7.849 26.783 20.995 21.002 0.981 0.541 1.968 2023 28.904 0.135 29.039 34.542 6.944 25.006 19.243 17.720 0.935 0.480 1.757 2024 28.470 0.130 28.600 34.681 6.723 26.913 19.670 17.823 1.010 0.698 1.753 Year City School School School Ended Direct District District District Dec. 31 Rate #270 #272 #27600 0 55 0 60 0 58 05 2015 0.0100 0.179 0.244 0.264 2016 0.0091 0.187 0.231 0.301 2017 0.0089 0.180 0.220 0.300 2018 0.0086 0.150 0.229 0.303 2019 0.0080 0.147 0.222 0.340 2020 0.0077 0.162 0.209 0.339 2021 0.0077 0.144 0.201 0.325 2022 0.0077 0.140 0.205 0.312 2023 0.0068 0.150 0.216 0.307 2024 0.0067 0.140 0.209 0.292 (1) Special Districts include Metropolitan Council, Regional Transit Board, Metropolitan Mosquito Control, County Park Museum, & Hennepin Suburban Parks Market Value Rates Overlapping Rates Tax Capacity Rates Direct Rates Overlapping Rates 168 City of Eden Prairie, Minnesota Principal Property Taxpayers For the Year Ended December 31, 2024 and 2015 Percentage Percentage Tax of Total Tax of Total Taxpayer Capacity Tax Capacity Taxpayer Capacity Tax Capacity United Healthcare $2,497,070 1.4%United Healthcare $2,376,870 2.1% Arrive Eden Prairie Apartments 1,387,738 0.8%Eden Prairie Mall 2,170,680 1.9% Fountain Place Apartments 1,220,002 0.7%Liberty Property Limited Partnership 1,008,380 0.9% Paravel Apartments 922,500 0.5%AGNL Health 815,130 0.7% Elevate Apartments 908,585 0.5%PRIT Core Realty Holdings LLC 790,691 0.7% Flagstone-Presbyterian Homes 881,438 0.5%CPE Holding 32607 LLC 640,090 0.6% One Southwest Crossings 812,250 0.5%Lifetouch Inc.610,762 0.5% Park at City West Apartments 768,751 0.4%Gelco Corp 553,420 0.5% UHG Headquarters 762,490 0.4%Windsor Plaza 536,298 0.5% Eden Prairie Mall 740,910 0.4%Krause-Anderson, Inc.505,990 0.5% Total Principal Taxpayers 10,901,734 6.2%10,008,311 9.0% All Other Taxpayers 165,571,741 93.8%101,341,143 91.0% Total $176,473,475 100.0%$111,349,454 100.0% Source: City of Eden Prairie Assessing Department 2024 2015 169 City of Eden Prairie, Minnesota Property Tax Levies and Collections Last Ten Years Collected Within the Year Current Year Levy Collections Total Collections to Date Ended Taxes % of in Subsequent % of Dec. 31 Levied Amount Levy Years Amount Levy 2015 $33,992,311 $33,675,337 99.07%$(121,190) $33,554,147 98.71% 2016 34,860,874 34,512,035 99.00% (334,699) 34,177,336 98.04% 2017 35,911,841 35,480,742 98.80% (223,399) 35,257,343 98.18% 2018 37,349,820 37,319,709 99.92% (49,207) 37,270,503 99.79% 2019 38,478,724 38,167,003 99.19% (41,107) 38,125,896 99.08% 2020 39,821,102 39,406,040 98.96% (35,815) 39,370,225 98.87% 2021 41,214,490 40,801,607 99.00% 114,887 40,916,494 99.28% 2022 43,302,554 42,959,885 99.21% (172,868) 42,787,017 98.81% 2023 45,114,284 44,679,780 99.04% (90,383) 44,589,397 98.84% 2024 47,358,752 46,903,114 99.04%(6,011) 46,897,103 99.03% 170 City of Eden Prairie, Minnesota Legal Debt Margin Last Ten Years 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Estimated Market Value $9,078,339,200 $9,633,243,700 $9,872,802,500 $10,209,614,900 $10,663,264,100 $11,121,835,000 $11,432,806,600 $11,797,011,500 $13,485,585,500 $14,383,507,900 Legal Debt Margin: Debt Limit: 3% of Market Value 272,350,176 288,997,311 296,184,075 306,288,447 319,897,923 333,655,050 342,984,198 353,910,345 404,567,565 431,505,237 Amount of Debt Applicable to Debt Limit: General Obligation Bonds 13,499,232 12,036,705 10,648,354 9,211,190 8,191,241 13,227,541 4,891,000 3,673,000 2,455,000 1,239,000 Tax Abatement Bonds 17,575,537 17,552,806 17,180,074 16,697,342 16,229,610 15,306,879 27,653,135 13,168,934 12,303,881 11,363,827 Deductions: Amt Available for Repayment of Bonds (1)2,032,109 2,303,895 2,336,132 2,296,320 2,682,004 8,730,968 14,651,101 1,407,790 1,659,490 1,707,683 Total Debt Applicable to Limit 29,042,660 27,285,616 25,492,296 23,612,212 21,738,847 19,803,452 17,893,034 15,434,144 13,099,391 10,895,144 Legal Debt Margin $243,307,516 $261,711,695 $270,691,779 $282,676,235 $298,159,076 $313,851,598 $325,091,164 $338,476,201 $391,468,174 $420,610,093 As a % of Debt Limit 89.3%90.6%91.4%92.3%93.2%94.1%94.8%95.6%96.8%97.5% 1 - Amt Available for Repayment of Bonds only includes "Restricted Debt" of General Obligation and Tax Abatement Bonds 171 City of Eden Prairie, Minnesota Ratios of Outstanding Debt by Type Last Ten Years SpecialYearGeneralTaxTotal General Lease Assessments Total Total Percentage Ended Obligation Abatement Bonded Revenue Improvement Finances Lease Subscription Govt'Revenue Lease Business-of Personal PerDec. 31 Bonds Bonds Debt Bonds Bonds Purchases Liability Liability Bonds Bonds Liability Type Total Income (1)Capita (2) 2015 $13,499,232 $17,575,537 $31,074,769 $1,220,000 12,289,647 $45,369 - $- $44,629,785 $2,466,230 $ - $2,466,230 $47,096,015 1.425%752 2016 12,036,705 17,552,806 29,589,511 1,145,000 12,799,455 286,942 - - 43,820,908 3,631,427 - 3,631,427 47,452,335 1.38%751 2017 10,648,354 17,180,074 27,828,428 - 10,021,959 231,734 - - 38,082,121 3,143,967 - 3,143,967 41,226,088 1.14%653 2018 9,211,190 16,697,342 25,908,532 - 8,054,154 175,457 - - 34,138,143 2,511,507 - 2,511,507 36,649,650 1.01%575 2019 8,191,241 16,229,610 24,420,851 - 6,101,720 118,090 - - 30,640,661 6,960,748 - 6,960,748 37,601,409 1.01%593 2020 13,227,541 15,306,879 28,534,420 - 4,320,627 59,611 - - 32,914,658 6,088,767 - 6,088,767 39,003,425 1.05%612 2021 4,891,000 27,653,135 32,544,135 - 2,606,494 - - - 35,150,629 11,674,835 - 11,674,835 46,825,464 1.18%729 2022 3,673,000 13,168,934 16,841,934 - 2,110,026 418,137 98,441 - 19,468,538 11,272,267 1,314,339 12,586,606 32,055,144 0.74%500 2023 2,455,000 12,303,881 14,758,881 - 1,608,762 325,937 75,603 842,087 17,611,270 10,599,698 1,150,738 11,750,436 29,361,706 0.68%459 2024 1,239,000 11,363,827 12,602,827 - 1,107,972 233,891 51,986 677,456 14,674,132 9,882,130 970,850 10,852,980 25,527,112 0.57%395 (1) See Demographic and Economic Statistics for personal income(2) See Demographic and Economic Statistics for population* Information is not available Governmental Activities ActivitiesBusiness-Type 172 City of Eden Prairie, Minnesota Ratios of General Bonded Debt Outstanding Last Ten Years Total Net Ratio of Net Year General Tax General Less Amounts General Bonded Debt Ended Obligation Abatement Bonded Available in Debt Bonded to Estimated Per Dec. 31 Debt (1)Bonds Debt Service Fund (1)Debt Market Value (2) Capita (3) 2015 $13,499,232 $17,575,537 $31,074,769 $2,032,109 $29,042,660 0.32% 464 2016 12,036,705 17,552,806 29,589,511 2,303,895 27,285,616 0.28% 432 2017 10,648,354 17,180,074 27,828,428 2,336,132 25,492,296 0.26% 404 2018 9,211,190 16,697,342 25,908,532 2,296,320 23,612,212 0.23% 371 2019 8,191,241 16,229,610 24,420,851 2,682,004 21,738,847 0.20% 343 2020 13,227,541 15,306,879 28,534,420 8,730,968 19,803,452 0.18% 311 2021 4,891,000 27,653,135 32,544,135 14,651,101 17,893,034 0.16% 279 2022 3,673,000 13,168,934 16,841,934 1,407,790 15,434,144 0.13% 241 2023 2,455,000 12,303,881 14,758,881 1,659,490 13,099,391 0.10% 205 2024 1,239,000 11,363,827 12,602,827 1,707,683 10,895,144 0.08% 169 (1) Amount Does not Include Special Assessment Improvement or Revenue Bonds. (2) See "Taxable Assessed Value and Estimated Actual Value of Property" for Market Value (3) See Demographic and Economic Statistics for Population 173 City of Eden Prairie, Minnesota Computation of Direct and Overlapping Bonded Debt December 31, 2024 Percent of Debt Net Debt Debt Applicable Applicable Governmental Unit Outstanding to City (1)to City Direct Debt: City of Eden Prairie $14,674,132 100.00%$14,674,132 Overlapping Debt: Hopkins ISD 270 $131,446,433 4.10%$5,389,304 Eden Prairie ISD 272 95,804,496 97.56%93,466,866 Minnetonka ISD 276 185,643,021 2.65%4,919,540 Hennepin County 1,192,537,479 5.87%70,001,950 Henn Suburban Park District 48,916,041 7.92%3,874,150 Henn Regional RR Authority 76,774,733 5.87%4,506,677 Metropolitan Council 40,609,929 2.66%1,080,224 Total Overlapping Debt 1,771,732,132 183,238,711 Total Direct and Overlapping Debt $1,786,406,264 $197,912,843 Notes: 1- The percentage of overlapping debt applicable is estimated using taxable assessed property values. Applicable percentages were estimated by determining the portion of the county's taxable assessed value that is within the City's boundaries and dividing it by the county's total taxable assessed value. 174 City of Eden Prairie, Minnesota Demographic and Economic Statistics Last Ten Years Per Personal Capita Median School Unemployment Year Population Income Income Age Enrollment Rate 2015 62,593 3,306,037,074$ 52,818$ 38.30 8,941 2.9% 2016 63,187 3,450,073,387 54,601 39.70 8,844 2.9% 2017 63,163 3,609,007,494 57,138 40.20 8,835 2.7% 2018 63,726 3,624,097,620 56,870 39.40 8,780 2.3% 2019 63,456 3,735,654,720 58,870 39.40 8,861 2.5% 2020 63,726 3,719,877,798 58,373 40.20 8,759 5.3% 2021 64,198 3,963,584,520 61,740 39.70 8,534 3.0% 2022 64,142 4,309,251,986 67,183 39.50 8,748 2.0% 2023 64,023 4,496,207,244 70,228 40.50 8,834 2.4% 2024 64,600 ***8,869 2.6% Sources: City of Eden Prairie Planning Department Minnesota Department of Employment and Economic Development United States Census Bureau Eden Prairie School District 272 - Enrollment History Website * Data is not available Governmental Activities 175 City of Eden Prairie, Minnesota Principal Employers For the Year Ended December 31, 2024 and 2015 Percentage Percentage of Total of Total Employer Employees City Employment Employer Employees City Employment Optum 5,100 8.8% Optum 6,375 11.2% Eden Prairie Mall 2,269 3.9%Rosemount - Emerson 1,900 3.3% CH Robinson 2,200 3.8%CH Robinson 1,706 3.0% Winnebago Industries Inc 2,100 3.6%Starkey Labs 1,700 3.0% EP Schools 1,800 3.1%EP Schools 1,580 2.8% Starkey Labs 1,500 2.6%SuperValu Stores Inc.1,200 2.1% Tennant Company 1,500 2.6% Cigna 954 1.7% MTS Systems 1,500 2.6%Eaton Corp.850 1.5% Emerson Process Management 570 1.0%MTS Systems Corp.838 1.5% Arctic Wolf 500 0.9%Kroll On-Track 808 1.4% Total Principal Employer 19,039 32.9%17,911 31.5% Other Employers 38,776 67.1%38,913 68.5% Total Employers 57,815 100.0%56,824 100.0% Source: Official Bonds Statement for G.O. Capital Improvement Bonds 2025A 2024 2015 176 City of Eden Prairie, Minnesota Employees by Function Last Ten Years 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Administration Office of City Manager 2 2 2 2 2 2 2 2 2 2 City Clerk 1 1 1 1 1 2 2 1 1 1 Human Resources 9.7 9.8 9.8 9.8 9.8 9.8 9.8 9.8 9.8 10 Communications 3.5 3.5 3.5 3.5 3.5 3.5 3.5 3.5 3.5 3.5 Finance 5.5 5.5 5.5 5.5 5.5 5.5 5.5 5.5 5.5 6 Liquor Stores 9 9 9 9 9 9 9 9 9 9 Information Technology 7 6 6 6 6 6 6.5 6.5 6.5 6.5 Facilities 9.88 9.88 10 10 10 10 10 10 10 10 Community Development Administration 2 2 2 2 2 2 2 2 2 2 Assessing 7 7 7 7 7 7 7 7 7 7 Planning 4.7 4.7 4.7 4.7 4.7 4.8 4.8 5 5 5 Economic Development 1 1 1 1 1 1 1 1 1 1 Housing & Community Services 1.75 1.75 1.75 1.75 2 2 2 2 2 2 Parks and Recreation Administration 2 2 2 2 2 2 2 2 2 2 Park Maintenance 20 20 20 20 20 20 20 21 21 21 Recreation Services 7.6 7.6 7.6 7.6 7.6 7.6 7.6 7.6 7.6 8.8 Community Center 5.5 6.5 6.5 6.5 6.5 6.5 6.5 6.5 6.5 6.5 Police Professional Staff 25 25 25 25 24 24 24 25 25 25 Sworn Officers 66 67 68 68 69 69.5 70.5 71 72 74 Fire Administration 9 9 9 9 9 9 9 11 11 11 Building Inspections 9 9 9 9 9 9 9 9 9 9 Public Works Engineering 9.3 10.3 10.3 7.5 7.5 7.5 7.5 7.5 7.5 7.5 Street Maintenance 14.5 14 14 14 15 15 15 15 15 15 Utilities 34.7 35.7 35.7 39.5 39.5 39.5 39.5 40 39.5 39.5 Fleet Services 5.5 5 5 5 5 5 5 5 5 5 Grand Total 272.13 274.23 275.35 276.35 277.6 279.2 280.7 284.9 285.4 289.3 177 City of Eden Prairie, Minnesota Operating Indicators Last Ten Years 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 General Government Bond Rating - Moody's Investor Service Aaa Aaa Aaa Aaa Aaa Aaa Aaa Aaa Aaa Aaa Bond Rating - Standard & Poors AAA AAA AAA AAA AAA AAA AAA AAA AAA AAA Housing and Human Services Number of Residents Served 3,500 3,500 3,750 3,975 5,700 9,200 14,300 6,105 5,050 5,873 Assessing: Number of Inspections Completed 5,320 5,066 5,061 4,908 4,912 5,267 4,842 5,195 5,116 5,432 Parks and Recreation Avg Monthly Community Center Memberships n/a 2,511 2,688 2,608 2,486 1,683 1,346 1,744 1,954 1,979 Program Registrations (Excludes Leagues)17,531 15,701 17,161 17,972 19,931 6,022 14,848 15,877 17,643 17,659 Public Safety Fire Number of Calls 1,617 1,615 1,742 1,908 1,875 2,915 2,909 3,426 3,272 3,337 Inspection Permits Issued 6,405 5,997 6,227 6,436 6,438 7,766 8,883 7,117 6,603 6,982 Building permit revenue 3,059,075$ 2,303,405$ 2,066,787$ 3,388,529$ 3,646,332$ 3,578,799$ 4,409,481$ 3,836,375$ 3,562,908$ 3,848,929$ Police Number of Calls 49,921 50,741 46,319 52,278 50,909 40,564 42,801 43,363 45,765 45,810 Public Works: Patching Materials (Tons)1,555 2,370 1,650 1,700 1,976 1,739 1,164 1,019 1,140 633 Overlays (Tons)29,602 23,070 28,856 29,852 31,503 35,988 33,164 45,456 39,484 34,200 Crack Filling Materials (Lbs)32,000 68,000 42,000 31,920 50,007 66,175 6,340 34,570 36,432 - Seal Coating (Sq Yards) - Chips Sealed Placed 411,700 381,600 405,425 365,907 327,998 364,854 66,892 N/A N/A N/A Seal Coating (Sq Yards) - Fog Seal/Reclamite Placed n/a n/a n/a n/a 276,296 470,020 602,335 502,598 259,820 237,681 Water System: Number of Connections 19,312 19,362 19,426 19,426 19,426 19,541 19,526 19,568 19,598 19,565 Water Main Repairs 28 53 30 18 24 33 24 27 36 25 Number of Hydrant Flushed 4,311 4,515 4,360 4,395 4,274 - 4,273 4,470 4,476 4,496 Average Daily Usage 6.99 MGD 7.07 MGD 7.06 MGD 7.08 MG 6.25 MG 6.95 MG 7.72 MG 7.4 MG 7.6 MGD 6.3 MGD Sewer System: Number of Connections 18,644 18,707 18,865 18,925 18,955 19,016 19,022 19,072 19,096 19,108 Miles of Sanitary Sewer Cleaned 81 81 76 65 50 10 51 65 86 85 Storm System: Number of Storm Sumps Maintained 78 91 88 97 48 40 60 52 143 128 Sources: Various City Departments MGD - Million Gallons Daily N/A - Not Available 178 City of Eden Prairie, Minnesota Capital Assets Statistics by Function Last Ten Years 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Public Safety Fire Protection Number of Stations 4 4 4 4 4 4 4 4 4 4 Number of Volunteer Firefighters 92 99 101 95 92 94 93 95 92 91 Police Protection Number of Stations 1 1 1 1 1 1 1 1 1 1 Public Works Miles of City Streets 234 234 234 235 235 235 236 235 235 236 Parks and Recreation City Parks 43 43 43 43 43 43 43 43 43 43 Conservation Areas 15 15 15 15 15 15 15 15 15 15 Historic Sites 5 5 5 5 5 5 5 5 5 5 Special Use Areas 5 5 5 5 5 5 5 5 5 5 Miles of Trails 128 128 134 134 134.5 134.5 134.5 134.5 134.5 228 Water System Number of Wells 15 15 15 15 15 15 15 15 15 16 Total Pumping Capacity 28 MGD 28 MGD 28 MGD 28 MGD 28 MGD 28 MGD 28 MGD 28 MGD 28 MGD 28 MGD Total Storage Capacity 8.5 MG 8.5 MG 8.5 MG 8.5 MG 8.5 MG 12.5 MG 12.5 MG 12.5 MG 12.5 MG 12.5 MG Miles of Water Mains 326 328 326 326 327 326 322 399 408 418 Sewer System Miles of Sanitary Sewer 264 264 263 263 264 265 262 262 334 342 Miles of Storm Sewer 189 193 193 193 195 198 200 209 207 209 Sources: Various City Departments Note: No Capital Asset Indicators are Available for the General Government Functions. MGD - Million Gallons Daily Miles of Trails - The increase is a result of now using GIS to calculate the mileage. 179 This page is intentionally left blank 180 77 City of Eden Prairie Hennepin County, Minnesota Independent Auditor's Reports December 31, 2024 City of Eden Prairie Table of Contents 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 1 Minnesota Legal Compliance 3 Schedule of Findings and Responses on Legal Compliance and Internal Control 4 1 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 Independent Auditor's Report Honorable Mayor and Members of the City Council City of Eden Prairie Eden Prairie, Minnesota 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 (Government Auditing Standards), the financial statements of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of the City of Eden Prairie, Minnesota, as of and for the year ended December 31, 2024, and the related notes to the basic financial statements, which collectively comprise the City's basic financial statements, and have issued our report thereon dated April 24, 2025. Report on Internal Control over Financial Reporting In planning and performing our audit of the financial statements, we considered the City's internal control over financial reporting (internal control) as a basis for designing audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the City's internal control. Accordingly, we do not express an opinion on the effectiveness of the City'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 a combination of deficiencies, in internal control such that there is a reasonable possibility that a material misstatement of the City's 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 and therefore, material weaknesses or significant deficiencies may exist that were not identified. We did identify a certain deficiency in internal control, described in the accompanying Schedule of Findings and Responses on Internal Control that we consider to be a material weakness. 2 2 Report on Compliance and Other Matters As part of obtaining reasonable assurance about whether the City's financial statements are free from 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 financial statements. 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. City's Response to the Finding Government Auditing Standards requires the auditor to perform limited procedures on the City's response to the findings identified in our audit are described in the accompanying Schedule of Findings and Responses on Internal Control. The City's response was not subject to the other auditing procedures applied in the audit of the financial statements and, accordingly, we express no opinion on the response. 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 result of that testing, and not to provide an opinion on the effectiveness of the City'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 City's internal control and compliance. Accordingly, this communication is not suitable for any other purpose. St. Cloud, Minnesota April 24, 2025 3 3 Minnesota Legal Compliance Independent Auditor's Report Honorable Mayor and Members of the City Council City of Eden Prairie Eden Prairie, Minnesota 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 financial statements of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of the City of Eden Prairie, Minnesota as of and for the year ended December 31, 2024, and the related notes to financial statements, which collectively comprise the City's basic financial statements, and have issued our report thereon dated April 24, 2025. In connection with our audit, nothing came to our attention that caused us to believe that the City failed to comply with the provisions of the contracting – bid laws, depositories of public funds and public investments, conflicts of interest, public indebtedness, claims and disbursements, miscellaneous provisions, and tax increment financing sections of the Minnesota Legal Compliance Audit Guide for Cities, promulgated by the State Auditor pursuant to Minnesota Statutes § 6.65, insofar as they relate to accounting matters. 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 City's noncompliance with the above referenced provisions, insofar as they relate to accounting matters. 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 communication is not suitable for any other purpose. St. Cloud, Minnesota April 24, 2025 4 City of Eden Prairie Schedule of Findings and Responses on Internal Control CURRENT YEAR INTERNAL CONTROL FINDING: Material Weakness: Audit Finding 2024-001 – Material Audit Adjustment During the course of our engagement, we proposed a material audit adjustment that would not have been identified as a result of the City's existing internal control system and, therefore, could have resulted in material misstatements of the City's financial statements. In order to ensure financial statements were free from material misstatement, an audit adjustment was required to adjust expenditures and accounts payable. City’s Response: The City will review the financial statement closing and reporting process to better identify material misstatements. City of Eden Prairie Communications Letter December 31, 2024 City of Eden Prairie Table of Contents Report on Matters Identified as a Result of the Audit of the Basic Financial Statements 1 Material Weakness 3 Required Communication 4 Financial Analysis 9 Emerging Issues 22 1 Report on Matters Identified as a Result of the Audit of the Basic Financial Statements Honorable Mayor, Members of the City Council, and Management City of Eden Prairie Eden Prairie, Minnesota In planning and performing our audit of the financial statements of the governmental activities, business-type activities, each major fund, and the aggregate remaining fund information of the City of Eden Prairie, Minnesota, as of and for the year ended December 31, 2024, 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, we considered the City's internal control over financial reporting (internal control) as a basis for designing audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the City's internal control. Accordingly, we do not express an opinion on the effectiveness of the City's internal control over financial reporting. Our consideration of internal control was for the limited purpose described in the preceding paragraph and was not designed to identify all deficiencies in internal control that might be material weaknesses or significant deficiencies and, therefore, material weaknesses or significant deficiencies may exist that have not been identified. In addition, because of inherent limitations in internal control, including the possibility of management override of controls, misstatements due to error, or fraud may occur and not be detected by such controls. However, as discussed below, we identified a certain deficiency in internal control that we consider to be a material weakness. 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 a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the City's basic financial statements will not be prevented, or detected and corrected, on a timely basis. A reasonable possibility exists when the likelihood of an event occurring is either reasonably possible or probable as defined as follows: • Reasonably possible. The chance of the future event or events occurring is more than remote but less than likely. • Probable. The future event or events are likely to occur. The material weakness identified is stated within this letter. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control over financial reporting that is less severe than a material weakness, yet important enough to merit attention by those charged with governance. 2 The accompanying memorandum also includes financial analysis provided as a basis for discussion. The matters discussed herein were considered by us during our audit and they do not modify the opinion expressed in our Independent Auditor's Report dated April 24, 2025, on such statements. The purpose of this communication, which is an integral part of our audit, is to describe for the City Council and management and others within the City and state oversight agencies the scope of our testing of internal control and the results of that testing. Accordingly, this communication is not intended to be and should not be used for any other purpose. St. Cloud, Minnesota April 24, 2025 3 City of Eden Prairie Material Weakness Material Audit Adjustment During the course of our engagement, we proposed a material audit adjustment that would not have been identified as a result of the City's existing internal control system and, therefore, could have resulted in material misstatements of the City's financial statements. In order to ensure financial statements were free from material misstatements, an audit adjustment was required to properly adjust expenditures and accounts payable. 4 City of Eden Prairie Required Communication We have audited the basic financial statements of the governmental activities, business-type activities, each major fund, and the aggregate remaining fund information of the City as of and for the year ended December 31, 2024. Professional standards require that we advise you of the following matters related to our audit. Our Responsibility in Relation to the Financial Statement Audit As communicated in our engagement letter, our responsibility, as described by professional standards, is to form and express opinions about whether the basic financial statements prepared by management with your oversight are presented fairly, in all material respects, in accordance with accounting principles generally accepted in the United States of America. Our audit of the basic financial statements does not relieve you or management of its respective responsibilities. Our responsibility, as prescribed by professional standards, is to plan and perform our audit to obtain reasonable, rather than absolute, assurance about whether the basic financial statements are free of material misstatement. An audit of the basic financial statements includes consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the City's internal control over financial reporting. Accordingly, as part of our audit, we considered the internal control of the City solely for the purpose of determining our audit procedures and not to provide any assurance concerning such internal control. We are also responsible for communicating significant matters related to the audit that are, in our professional judgement, relevant to your responsibilities in overseeing the financial reporting process. However, we are not required to design procedures for the purpose of identifying other matters to communicate to you. Generally accepted accounting principles provide for certain Required Supplementary Information (RSI) to supplement the basic financial statements. Our responsibility with respect to the RSI, which supplements the basic financial statements, is to apply certain limited procedures in accordance with generally accepted auditing standards. However, the RSI was not audited and, because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance, we do not express an opinion or provide any assurance on the RSI. Our responsibility for the supplementary information accompanying the basic financial statements, as described by professional standards, is to evaluate the presentation of the supplementary information in relation to the basic financial statements as a whole and to report on whether the supplementary information is fairly stated, in all material respects, in relation to the basic financial statements as a whole. Our responsibility with respect to the other information in documents containing the audited basic financial statements and auditor's report does not extend beyond the basic financial information identified in the report. We have no responsibility for determining whether this other information is properly stated. This other information was not audited, and we do not express an opinion or provide any assurance on it. 5 City of Eden Prairie Required Communication Our Responsibility in Relation to Government Auditing Standards As communicated in our engagement letter, part of obtaining reasonable assurance about whether the basic financial statements are free of material misstatement, we performed tests of the City's 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 basic financial statement amounts. However, the objective of our tests was not to provide an opinion on compliance with such provisions. Planned Scope and Timing of the Audit We conducted our audit consistent with the planned scope and timing we previously communicated to you. Compliance with All Ethics Requirements Regarding Independence The engagement team, others in our firm, as appropriate, our firm, and our network firms have complied with all relevant ethical requirements regarding independence. Significant Risks Identified We have identified the following significant risks of material misstatements: • Improper Revenue Recognition • Revenue recognition is considered a fraud risk on substantially all engagements as it generally has a significant impact on the results of the government operations. In addition, complexities exist surrounding the calculation and recording of various revenue sources. • Management Override of Controls through Journal Entries • Management override of internal control is considered a risk in substantially all engagements as management may be incentivized to produce better results. • Lack of Segregation of Accounting Duties • If duties cannot be appropriately segregated within the accounting and finance department, there is a risk of unauthorized utility billing adjustments being made from the City. • Significant Estimates – Depreciation, Net Pension Liability, Total Other Post Employment Benefits (OPEB) Liability, Deferred Outflows of Resources Related to Pensions and OPEB, and Deferred Inflows of Resources Related to Pensions and OPEB • Accounting estimates are an integral part of the basic financial statements prepared by management and are based on management's current judgements. Qualitative Aspects of the City's Significant Accounting Practices Significant Accounting Policies Management has the responsibility to select and use appropriate accounting policies. A summary of the significant accounting policies adopted by the City is included in the notes to the basic financial statements. There have been no initial selection of accounting policies and no changes to significant accounting policies or their application during 2024. No matters have come to our attention that would require us, under professional standards, to inform you about (1) the methods used to account for significant unusual transactions and (2) the effect of significant accounting policies in controversial or emerging areas for which there is a lack of authoritative guidance or consensus. 6 City of Eden Prairie Required Communication Qualitative Aspects of the City's Significant Accounting Practices (Continued) Significant Accounting Estimates and Related Disclosures Accounting estimates and related disclosures are an integral part of the basic financial statements prepared by management and are based on management's current judgements. Those judgements are normally based on knowledge and experience about past and current events and assumptions about future events. Certain accounting estimates are particularly sensitive because of their significance to the basic financial statements and because of the possibility that future events affecting them may differ markedly from management's current judgements. The most sensitive estimates affecting the basic financial statements relate to: Depreciation – The City is currently depreciating its capital assets over their estimated useful lives, as determined by management, using the straight-line method. Total Other Post Employment Benefits (OPEB) Liability, Deferred Outflows of Resources Related to OPEB and Deferred Inflows of Resources Related to OPEB – These balances are based on an actuarial study using the estimates of future obligations of the City for post employment benefits. Net Pension Liability, Deferred Outflows of Resources Related to Pensions and Deferred Inflows of Resources Related to Pensions – These balances are based on an allocation by the pension plans using estimates based on contributions. We evaluated the key factors and assumptions used to develop the accounting estimates and determined that they are reasonable in relation to the basic financial statements taken as a whole and in relation to the applicable opinion units. Financial Statement Disclosures Certain basic financial statement disclosures involve significant judgment and are particularly sensitive because of their significance to financial statement users. The basic financial statement disclosures are neutral, consistent, and clear. Significant Difficulties Encountered during the Audit We encountered no significant difficulties in dealing with management relating to the performance of the audit. Uncorrected and Corrected Misstatements For the purposes of this communication, professional standards require us to accumulate all known and likely misstatements identified during the audit, other than those that we believe are trivial, and communicate them to the appropriate level of management. Further, professional standards require us to also communicate the effects of uncorrected misstatements related to prior periods on the relevant classes of transactions, account balances or disclosures, and the basic financial statements taken as a whole and each applicable opinion unit. 7 City of Eden Prairie Required Communication Uncorrected and Corrected Misstatements (Continued) The following bullet point summarizes the uncorrected financial statement misstatement whose effects in the current and prior periods, as determined by management, are immaterial, both individually and in the aggregate, to the financial statements taken as a whole and each applicable opinion unit. Uncorrected misstatements or matters underlying those uncorrected misstatements could potentially cause future-period financial statements to be materially misstated, even though the uncorrected misstatements are immaterial to the financial statements currently under audit. • Extrapolated liquor inventory count variance In addition, professional standards require us to communicate to you all material, corrected misstatements that were brought to the attention of management as a result of our audit procedures. The following material misstatement that we identified as a result of our audit procedures was brought to the attention of and corrected by management. • Accounts payable and expenditures Disagreements with Management For purposes of this letter, professional standards define a disagreement with management as a matter, whether or not resolved to our satisfaction, concerning a financial accounting, reporting, or auditing matter, which could be significant to the City's basic financial statements or the auditor's report. No such disagreements arose during the course of our audit. Representations Requested from Management We have requested certain written representations from management, which are included in the management representation letter. Management's Consultations with Other Accountants In some cases, management may decide to consult with other accountants about auditing and accounting matters. Management has informed us that, and to our knowledge, there were no consultations with other accountants regarding auditing and accounting matters. Other Significant Matters, Findings, or Issues In the normal course of our professional association with the City, we generally discuss a variety of matters, including the application of accounting principles and auditing standards, significant events or transactions that occurred during the year, operating and regulatory conditions affecting the City, and operational plans and strategies that may affect the risks of material misstatement. None of the matters discussed resulted in a condition to our retention as the City's auditor. Other Information Included in Annual Reports Pursuant to professional standards, our responsibility as auditors for other information, whether financial or nonfinancial, included in the City's annual reports, does not extend beyond the information identified in the audit report and we are not required to perform any procedures to corroborate such other information. We applied certain limited procedures to the RSI that supplements the basic financial statements. Our procedures consisted of inquiries of management regarding the methods of preparing the information and comparing the information for consistency with management's responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We did not audit the RSI and do not express an opinion or provide any assurance on the RSI. 8 City of Eden Prairie Required Communication Other Information Included in Annual Reports (Continued) With respect to the supplementary information accompanying the financial statements, we made certain inquiries of management and evaluated the form, content and methods of preparing the information to determine that the information complies with accounting principles generally accepted in the United States of America, the method of preparing it has not changed from the prior period, and the information is appropriate and complete in relation to our audit of the financial statements. We compared and reconciled the supplementary information to the underlying accounting records used to prepare the basic financial statements or to the basic financial statements themselves. We were not engaged to report on the other information accompanying the basic financial statements but are not RSI. Such information 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. Our responsibility also includes communicating to you any information which we believe is a material misstatement of fact. Nothing came to our attention that caused us to believe that such information, or its manner of presentation, is materially inconsistent with the information, or manner of its presentation, appearing in the basic financial statements. 9 City of Eden Prairie Financial Analysis The following pages provide graphic representations of select data pertaining to the financial position and operations of the City for the past five years. Our analysis of each graph is presented to provide a basis for discussion of past performance and how implementing certain changes may enhance future performance. We suggest you view each graph and document if our analysis is consistent with yours. A subsequent discussion of this information should be useful for planning purposes. General Fund – Revenues The following graph presents comparisons of revenues by type, illustrating the majority of revenue for the City is from taxes and special assessments. This source represents 73.5% of total General Fund revenues. Other revenues include items such as fines and forfeitures, investment earnings, and other miscellaneous items. Revenues of the General Fund increased from 2023 to 2024 by $3,935,768. Taxes and assessments revenue increased by $2,549,451 due to an increase in levy. Intergovernmental revenue increased $624,902 due in part to school liaison reimbursement. Charges for Services increased $352,317 due to revenue for registrations and memberships increasing. 2020 2021 2022 2023 2024 Taxes and SpecialAssessments $36,283,374 $37,836,186 $39,727,253 $41,425,978 $43,975,429 Intergovernmental 6,238,109 5,353,219 5,345,840 1,822,526 2,447,428 Charges for Services 2,464,886 4,156,921 5,201,248 5,817,974 6,170,291 Licenses and Permits 4,996,872 5,858,459 5,303,467 5,054,344 5,281,350 Other 1,020,372 559,484 59,499 1,781,626 1,963,718 $- $10,000,000 $20,000,000 $30,000,000 $40,000,000 $50,000,000 $60,000,000 $70,000,000 General Fund Revenues 10 City of Eden Prairie Financial Analysis General Fund – Expenditures The graph below represents the breakdown of expenditures by department. Police expenditures continue to comprise the largest portion of General Fund expenditures, representing 34.5%. Overall, General Fund expenditures increased $3,333,087 from 2023. Police and Fire had increases of $1,697,048 and $570,245, respectively, mainly due to an increase in wages and benefits. Parks and Recreation increased $914,108 due in part to increases in facility user charges and wages. Other department expenditures had relatively minor fluctuations when compared to the prior year. 2020 2021 2022 2023 2024 Debt Service $60,765 $60,766 $20,662 $102,275 $99,789 Parks and Recreation 11,084,484 12,343,285 13,635,118 14,440,321 15,354,429 Public Works 5,991,750 6,026,323 6,562,592 6,792,740 6,565,994 Fire 6,378,338 6,421,157 6,841,419 6,760,050 7,330,295 Police 15,357,194 16,145,234 17,032,495 17,854,145 19,551,193 Community Development 2,431,612 2,304,990 2,412,940 2,561,689 2,651,093 Administration 4,547,110 4,652,491 4,880,588 4,890,058 5,181,572 $- $5,000,000 $10,000,000 $15,000,000 $20,000,000 $25,000,000 $30,000,000 $35,000,000 $40,000,000 $45,000,000 $50,000,000 $55,000,000 $60,000,000 General Fund Expenditures 11 City of Eden Prairie Financial Analysis General Fund – Budgetary Comparison Original Actual Amounts Revenues General Property Taxes and Assessments 43,480,687$ 43,480,687$ $43,975,429 494,742$ Licenses and permits 4,206,200 4,206,200 5,281,350 1,075,150 Intergovernmental revenue 1,868,175 1,868,175 2,447,428 579,253 Charges for services 5,988,215 5,988,215 6,170,291 182,076 Fines and forfeitures 350,000 350,000 431,247 81,247 Investments - - 1,177,781 1,177,781 Miscellaneous revenues 154,975 154,975 354,690 199,715 Total revenues 56,048,252 56,048,252 59,838,216 3,789,964 Expenditures Administration 5,465,649 5,465,649 5,181,572 (284,077) Community Development 2,709,805 2,709,805 2,651,093 (58,712) Police 19,500,731 19,500,731 19,551,193 50,462 Fire 7,340,742 7,340,742 7,330,295 (10,447) Public Works 6,819,377 6,827,402 6,565,994 (261,408) Parks and Recreation 15,603,537 15,603,537 15,354,429 (249,108) Debt Service 81,614 81,614 99,789 18,175 Total expenditures 57,521,455 57,529,480 56,734,365 (795,115) Excess of revenues over (under) disbursements (1,473,203) (1,481,228) 3,103,851 4,585,079 Other Financing Sources (Uses) Transfers in 473,203 473,203 473,803 600 Transfers Out - - (3,471,818) (3,471,818) Total other financing sources (uses)473,203 473,203 (2,998,015) (3,471,218) Net change in fund balances (1,000,000)$ (1,008,025)$ 105,836$ 1,113,861$ Variance With Final Budget - Over (Under)Final Budget Overall, actual revenue was $3,789,964, or 6.8%, over budget. Property taxes and assessments were $494,742 over budget due to conservative budgeting for the revenue sources. Licenses and permits were $1,115,150 over budget due to budgeting conservatively for permits, specifically building permits and mechanical permits. Also, the City collected approximately $430,000 in right of way permits for the fiber that is being installed in the City. Intergovernmental revenue was $579,253 above budget due to higher than anticipated police and fire aids. Revenue from investments was $1,177,781 over budget due to stronger than anticipated investment performance. Overall, actual expenditures were less than budgeted amounts by $795,115, or 1.4%. All functions had relatively minor variances compared to the budgeted amounts. 12 City of Eden Prairie Financial Analysis General Fund – Operations The following graph shows the overall operations of the General Fund. Revenues have fluctuated over the five years shown from a high in 2024 of $59,838,216 to a low of $51,003,613 in 2020. Overall, from 2020 to 2024, revenues have increased $8,834,603. Similarly, expenditures have fluctuated over the five years presented. In 2024, expenditures were $56,734,365, an increase from the prior year of $3,333,087. Since 2020, expenditures have increased $10,883,112. $51,003,613 $53,764,269 $55,637,307 $55,902,448 $59,838,216 $45,851,253 $47,954,246 $51,385,814 $53,401,278 $56,734,365 $28,053,442 $30,550,473 $34,885,681 $35,561,962 $36,752,110 $26,197,429 $29,132,535 $33,252,089 $33,607,091 $33,716,603 $0 $5,000,000 $10,000,000 $15,000,000 $20,000,000 $25,000,000 $30,000,000 $35,000,000 $40,000,000 $45,000,000 $50,000,000 $55,000,000 $60,000,000 $65,000,000 2020 2021 2022 2023 2024 General Fund Operations Total Revenues Total Expenditures Cash and Investment Balance Unassigned Fund Balance As illustrated above, the General Fund Unassigned Fund Balance increased $109,512 from $33,607,091 at December 31, 2023, to $33,716,603 at December 31, 2024. Over the last five years, the City has been able to maintain steady cash and fund balances in a period of generally increasing costs and variable revenues. The City's fund balance policy indicates they will strive to maintain a minimum working capital fund balance not less than 50% of next year's budgeted tax revenue, an emergency fund balance for contingencies of 10% of next year's budget and a budget balancing measure of 5% to 7% of next year's budget in unassigned fund balance. As of December 31, 2024, the City's unassigned fund balance of $33,716,603 was in compliance with the City's fund balance policy. 13 City of Eden Prairie Financial Analysis Water Operations The following graph illustrates the current operations of the Water Fund for the past five years. Operating income is shown with and without depreciation below. Operating revenue decreased $1,974,687, or 16.7%, from 2023 based on decreased consumption due to more precipitation in 2024 compared to 2023. Operating expenses decreased by $1,340,152 or 10.3%. The decrease is mainly due to a decrease in costs for improvements with the meter change out program, repairs, and maintenance. The net effect of the decreased revenues and expenses is an operating loss of $1,840,213. This was an increase of $634,535 in the operating loss reported in 2023. Enterprise funds may be used to account for any activity in which a fee is charged. It is not required to have the fee support the entire activity; however, the basic premise in establishing an enterprise fund is that the activity will be operated similarly to a business. Therefore, it is expected the enterprise fund will at least be able to meet its obligations currently and into the future. 2020 2021 2022 2023 2024 Operating Revenues $8,987,364 $10,682,945 $11,008,837 $11,831,046 $9,856,359 Operating Expenses 9,342,242 12,178,395 13,279,553 13,036,724 11,696,572 Operating Loss with Depreciation (354,878)(1,495,450)(2,270,716)(1,205,678)(1,840,213) Depreciation 2,900,056 2,957,215 2,948,104 3,065,370 3,092,020 Operating Income withoutDepreciation 2,545,178 1,461,765 677,388 1,859,692 1,251,807 $(3,000,000) $- $3,000,000 $6,000,000 $9,000,000 $12,000,000 $15,000,000 Water Operations 14 City of Eden Prairie Financial Analysis Water Fund 2020 2021 2022 2023 2024 Cash and Investments $14,469,884 $21,181,148 $21,853,794 $20,467,342 $19,339,937 Unrestricted Net Position 7,019,905 8,961,105 14,332,945 19,374,894 18,755,128 $- $5,000,000 $10,000,000 $15,000,000 $20,000,000 $25,000,000 Water Fund The above graph shows the cash and investment and unrestricted net position balances as of December 31, for the last five years. The Water Fund cash and investment balance has increased $4,870,053 since 2020. The cash and investment balance decreased $1,127,405 during 2024 while the unrestricted net position for the Water Fund decreased $619,766 during the same time period. 15 City of Eden Prairie Financial Analysis Wastewater Operations The following graph illustrates the current operations of the Wastewater Fund for the past five years. Operating income is shown with and without depreciation below. The Wastewater Fund has shown an operating loss for the fourth time in the five years presented. In 2024, the Fund showed an operating loss of $320,405. This is a decrease of $375,291 in the operating income from 2023. The Fund experienced an increase in operating revenue of $227,064 based on rates, while wastewater expenses increased $602,355. The increase in expenses is due in part to higher expenses for improvements and MCES user fees. 2020 2021 2022 2023 2024 Operating Revenues $6,895,764 $7,460,750 $7,517,471 $7,725,339 $7,952,403 Operating Expenses 7,501,203 7,479,832 8,358,676 7,670,453 8,272,808 Operating Income (Loss) withDepreciation (605,439)(19,082)(841,205)54,886 (320,405) Depreciation 1,677,800 1,677,036 1,663,532 1,377,115 1,387,673 Operating Income without Depreciation 1,072,361 1,657,954 822,327 1,432,001 1,067,268 $(2,000,000) $- $2,000,000 $4,000,000 $6,000,000 $8,000,000 $10,000,000 Wastewater Operations 16 City of Eden Prairie Financial Analysis Wastewater Fund 2020 2021 2022 2023 2024 Cash and Investments $7,048,754 $8,761,588 $9,476,152 $11,417,839 $11,946,080 Unrestricted Net Position 8,403,748 10,347,930 11,137,661 13,164,168 13,868,990 $- $2,000,000 $4,000,000 $6,000,000 $8,000,000 $10,000,000 $12,000,000 $14,000,000 $16,000,000 Wastewater Fund The graph above shows the cash and investment and unrestricted net position balances as of December 31, for the last five years. The Wastewater Fund cash and investment balance has increased $4,897,326 since 2020. In 2024, the Wastewater Fund cash and investment balance increased $528,241 while the unrestricted net position increased $704,822. 17 City of Eden Prairie Financial Analysis Stormwater Operations The following graph illustrates the current operations of the Stormwater Fund for the past five years. Operating revenue increased $103,437 due to increased rates while expenses increased $18,470 compared to 2023. The net effect of the changes in revenues and expenses was operating income of $734,950. 2020 2021 2022 2023 2024 Operating Revenues $3,376,785 $3,631,369 $3,770,562 $3,879,587 $3,983,024 Operating Expenses 2,518,293 2,876,223 3,151,291 3,229,604 3,248,074 Operating Income (Loss) with Depreciation 858,492 755,146 619,271 649,983 734,950 Depreciation 1,162,430 1,187,156 1,148,498 1,042,310 1,025,527 Operating Income without Depreciation 2,020,922 1,942,302 1,767,769 1,692,293 1,760,477 $- $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 $3,500,000 $4,000,000 $4,500,000 Stormwater Operations 18 City of Eden Prairie Financial Analysis Stormwater Fund 2020 2021 2022 2023 2024 Cash and Investments $5,396,835 $6,488,795 $5,335,984 $6,533,094 $8,174,219 Unrestricted Net Position 5,272,296 6,858,202 5,767,989 6,925,348 8,589,966 $- $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 $7,000,000 $8,000,000 $9,000,000 Stormwater Fund As of December 31, 2024, the Stormwater Fund had an ending net cash and investment balance of $8,174,219. This is an increase of $1,641,125 compared to 2023. Unrestricted net position at year- end was $8,589,966 and also increased $1,664,618 compared to the prior year. 19 City of Eden Prairie Financial Analysis Liquor Operations The City's liquor store reported a decrease in sales and operating revenue from 2023 to 2024 of $101,729, a decrease of 0.8%. Cost of sales decreased by 1.8%. Operating expenses in the Liquor Fund, including depreciation, decreased compared to the prior year by $97,298. The City's gross profit percentage increased slightly from 2023 to 2024. The City's gross profit percentage is higher than 2 of the 3 metro stores presented below and above the metro municipal average. Even though sales decreased minimally in 2024, the City’s gross profit percentage increased from 29.8% in 2023 to 30.5% in 2024. 2020 2021 2022 2023 2024 Sales and Operating Revenue $11,711,560 $11,923,359 $12,067,226 $12,069,015 $11,967,286 Cost of Sales 8,299,999 8,371,936 8,450,887 8,470,531 8,314,546 Gross Profit 3,411,561 3,551,423 3,616,339 3,598,484 3,652,740 Operating Expenses 2,297,060 2,545,548 2,591,577 2,786,634 2,689,336 Operating Income 1,114,501 1,005,875 1,024,762 811,850 963,404 Depreciation 73,389 38,021 232,829 232,829 232,817 Operating Income without Depreciation 1,187,890 1,043,896 1,257,591 1,044,679 1,196,221 $- $2,000,000 $4,000,000 $6,000,000 $8,000,000 $10,000,000 $12,000,000 $14,000,000 Liquor Operations 2024 Metro City of City of City of City of City of Municipal Eden Prairie** Eden Prairie** Edina* Richfield* Savage* Average* Sales and operating revenue 11,967,286$ 12,069,015$ 13,330,018$ 13,935,832$ 7,108,420$ 7,383,490$ Costs of sales 8,314,546 8,470,531 9,005,523 10,170,469 5,096,900 5,321,015 Gross profit 3,652,740 3,598,484 4,324,495 3,765,363 2,011,520 2,062,475 Operating expenses 2,689,336 2,786,634 3,910,170 2,464,105 1,422,900 1,695,063 Operating income 963,404 811,850 414,325 1,301,258 588,620 367,412 Gross profit percentage 30.5%29.8%32.4%27.0%28.3%27.9% 2023 * Individual metro municipal and averages obtained from the Office of State Auditor, Analysis of Municipal Liquor Store Operations Report. ** Includes building lease activity which can affect comparability of information presented above. 20 City of Eden Prairie Financial Analysis Liquor Fund 2020 2021 2022 2023 2024 Cash and Investments $2,330,123 $2,626,281 $2,618,889 $2,740,202 $2,816,359 Unrestricted Net Position 1,863,641 2,102,879 2,315,074 2,481,837 2,842,031 $- $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 Liquor Fund The graph above shows the cash and investment and unrestricted net position balances as of December 31 for the last five years. The Liquor Fund cash and investment balance has increased $486,236 since 2020. In 2024, the Liquor Fund cash and investment balance increased $76,157 while the unrestricted net position increased $360,194. The information above includes building lease activity which should be considered when evaluating fund performance. 21 City of Eden Prairie Financial Analysis Tax Levy, Capacity, And Rates The graph below presents information relating to the City's tax levy, tax capacity and rates. The levy for 2024 includes the General Fund levy of $44,337,436 plus a levy for the Debt Service of $2,401,316 and Capital Project Funds totaling $400,000. As illustrated below, the taxable tax capacity of the City has experienced a continued increase over the last five years. While the City has increased the levy during this period, the tax capacity rate has declined because of increases in market value and tax capacity. $116,554,959 $120,595,985 $122,841,504 $143,680,523 $154,108,714 $39,621,102 $41,014,490 $43,102,554 $44,909,284 $47,138,752 31.51 31.43 32.32 28.90 28.47 - 25.00 50.00 75.00 100.00 $- $20,000,000 $40,000,000 $60,000,000 $80,000,000 $100,000,000 $120,000,000 $140,000,000 $160,000,000 $180,000,000 2020 2021 2022 2023 2024 Tax Capacity, Levy, and Rates Tax Capacity Certified Tax Levy Tax Capacity Rate City of Eden Prairie Emerging Issues 22 Executive Summary The following is an executive summary of financial related updates to assist you in staying current on emerging issues in accounting and finance. This summary will give you a preview of the new standards that have been recently issued and what is on the horizon for the near future. The most recent and significant updates include: • Accounting Standard Update – GASB Statement No. 102 – Certain Risk Disclosures GASB has issued GASB Statement No. 102 relating to risk disclosures. The disclosures will provide users with timely information regarding certain concentrations or constraints and related events that have occurred or have begun to occur that make a government vulnerable to a substantial impact. • Accounting Standard Update – GASB Statement No. 103 – Financial Reporting Model Improvements GASB has issued GASB Statement No. 103 relating to changes in financial reporting requirements. The changes provide clarity, enhance the relevance of information, provide more useful information for decision-making, and provide for greater comparability amongst government entities. • Accounting Standard Update – GASB Statement No. 104 – Disclosure of Certain Capital Assets GASB has issued GASB Statement No. 104 relating to capital asset disclosures. The disclosures required by this Statement provide users of the financial statements with essential information about certain types of capital assets. The following are extensive summaries of the current updates. As your continued business partner, we are committed to keeping you informed of new and emerging issues. We are happy to discuss these issues with you further and their applicability to your City. City of Eden Prairie Emerging Issues 23 Accounting Standard Update – GASB Statement No. 102 – Certain Risk Disclosures The objective of this Statement is to provide users of government financial statements with information about risks related to a government's vulnerabilities due to certain concentrations or constraints that is essential to their analyses for making decisions or assessing accountability. This Statement provides definitions for concentration and constraint. A concentration as a lack of diversity related to an aspect of a significant inflow of resources or outflow of resources. A constraint is a limitation imposed on a government by an external party or by formal action of the government's highest level of decision-making authority. This Statement requires a government to assess whether a concentration or constraint could present a risk of financial difficulty. The City will need to make a disclosure in the notes to the financial statements if all three of the following criteria are true: • The City knows about the concentration or constraint prior to financial statement issuance. • The concentration or constraint makes the City vulnerable to risk of a substantial impact. • An event or events associated with the concentration or constraint that could cause a substantial impact have either (1) happened; (2) started to happen; or (3) are more likely than not to start happening within 12 months of the financial statements being issued. If a government determines the above criteria for disclosure have been met, it should disclose information in notes to financial statements in sufficient detail to enable users of financial statements to understand the nature of the circumstances disclosed and the government's vulnerability to the risk of a substantial impact. Disclosures are required for the government as a whole as well as any opinion unit in the financial statements that includes outstanding revenue debt. Disclosures can be combined to avoid unnecessary duplication (e.g., a subsequent event footnote). GASB Statement No. 102 is effective for fiscal years beginning after June 15, 2024. Earlier application is encouraged. Information provided above was obtained from www.gasb.org. City of Eden Prairie Emerging Issues 24 Accounting Standard Update – GASB Statement No. 103 – Financial Reporting Model Improvements The objective of this Statement is to improve key components of the financial reporting model to enhance its effectiveness in providing information that is essential for decision making and assessing a government's accountability. This Statement also addresses certain application issues. This Statement addresses 5 areas of the financial statements (1) Management's Discussion and Analysis (MD&A), (2) Unusual or Infrequent Items, (3) Presentation of the Proprietary Fund Statement of Revenues, Expenses, and Changes in Fund Net Position, (4) Major Component Unit Information, and (5) Budgetary Comparison Information. This Statement continues the requirement that the MD&A precede the basic financial statements as part of the Required Supplementary Information (RSI). This Statement requires that the information presented in MD&A be limited to the related topics discussed in five sections: (1) Overview of the Financial Statements, (2) Financial Summary, (3) Detailed Analyses, (4) Significant Capital Asset and Long-Term Financing Activity, and (5) Currently Known Facts, Decisions, or Conditions. The Statement stresses that detailed analyses should explain why balances and results of operations changed, rather than stating amounts and "boilerplate" discussions. This Statement describes unusual or infrequent items as transactions and other events that are either unusual in nature or infrequent in occurrence. Furthermore, governments are required to display the inflows and outflows related to each unusual or infrequent item separately as the last presented flow(s) of resources prior to the net change in resource flows in the government-wide, governmental fund, and proprietary fund statements of resource flows. This Statement requires that the proprietary fund statement of revenues, expenses, and changes in fund net position continue to distinguish between operating and nonoperating revenues and expenses. The Statement provides clarification regarding operating and nonoperating revenues and expenses. Also, this Statement requires that a subtotal for operating income (loss) and noncapital subsidies be presented before reporting other nonoperating revenues and expenses. This Statement requires governments to present each major component unit separately in the reporting entity's statement of net position and statement of activities if it does not reduce the readability of the statements. If the readability of those statements would be reduced, combining statements of major component units should be presented after the fund financial statements. This Statement requires governments to present budgetary comparison information using a single method of communication - RSI. Governments also are required to present (1) variances between original and final budget amounts and (2) variances between final budget and actual amounts. An explanation of significant variances is required to be presented in notes to RSI. GASB Statement No. 103 is effective for fiscal years beginning after June 15, 2025. Earlier application is encouraged. Information provided above was obtained from www.gasb.org. City of Eden Prairie Emerging Issues 25 Accounting Standard Update – GASB Statement No. 104 – Disclosure of Certain Capital Assets The objective of this Statement is to provide users of government financial statements with essential information about certain types of capital assets. This Statement requires certain types of capital assets continue to be disclosed separately in the capital assets note disclosures including presentation of capital assets by major class and separate disclosure of lease assets, subscription assets, and intangible right-to-use assets. This Statement requires additional disclosures for capital assets held for sale. A capital asset is held for sale if (a) the government has decided to pursue the sale of the capital asset and (b) it is probable that the sale will be finalized within one year of the financial statement date. Governments should disclose (1) the ending balance of capital assets held for sale, with separate disclosure for historical cost and accumulated depreciation by major class of asset, and (2) the carrying amount of debt for which the capital assets held for sale are pledged as collateral for each major class of asset. GASB Statement No. 104 is effective for fiscal years beginning after June 15, 2025. Earlier application is encouraged. Information provided above was obtained from www.gasb.org. PROCLAMATION City of Eden Prairie Hennepin County, Minnesota WHEREAS, the increasing number of seniors in Eden Prairie bring many opportunities and challenges for all components of our City – families, businesses, and government; and WHEREAS, every segment of our society is influenced by the needs, resources and expertise of our senior; and awareness improves participation and action; and WHEREAS, our Eden Prairie seniors play a pivotal role in formal and informal education, sharing years of accumulated experience and wisdom which will impact our future; and WHEREAS, the community wishes to celebrate and acknowledge the contributions and accomplishments of the seniors in our community and recognize the organizations that serve older adults; and WHEREAS, Senior Awareness Month recognizes that seniors are an integral part of our community. NOW, THEREFORE, the Eden Prairie City Council does hereby proclaim May 2025 as: SENIOR AWARENESS MONTH ADOPTED by the Eden Prairie City Council on this 6th day of May 2025. Ronald A. Case, Mayor on behalf of Council Members: Kathy Nelson Mark Freiberg PG Narayanan Lisa Toomey Unapproved Minutes Eden Prairie City Council Workshop 5:30 p.m. Tuesday, Apr. 15, 2025 City Center Heritage Rooms, Council Chambers 8080 Mitchell Road Eden Prairie, MN 55344 ATTENDEES City Council Members: Mayor Ron Case, Council Members Kathy Nelson, Mark Freiberg, PG Narayanan, and Lisa Toomey City Staff: City Manager Rick Getschow, Public Works Director Robert Ellis, Community Development Director Julie Klima, Parks and Recreation Director Amy Markle, Police Chief Matt Sackett, Fire Chief Scott Gerber, Administrative Services/HR Director Alecia Rose, Communications Manager Joyce Lorenz, City Attorney Maggie Neuville, and Recorder Sara Potter Guest Speakers: Michelel Kobayashi, Principal Research MEETING AGENDA Heritage Rooms I. 2024 Quality of Life Survey Results Getschow explained a statistically significant Quality of Life survey is mailed to a selected group of residents biannually for the past 20 years. This survey, generating resident feedback, marks the beginning of the two-year budget process. Michelle Kobayashi, Principal Research Strategist at Polco, introduced herself. Kobayashi explained Polco is a civic communications and analytics company dedicated to data driven decision making. Governments don’t have shareholders, resident opinion serves as the bottom line. Resident support increases trust, accountability, and opportunities for civic engagement. Hearing resident input increases the quality of decisions and is considered a best practice in local government. Eden Prairie was one of the first cities in Minnesota to begin surveying residents. Kobayashi noted the survey was mailed to 2,500 randomly selected households in December and January. 500 households, or 20 percent, responded. The survey also has an open participation component where any resident can respond. 842 residents responded in open participation for a total of 1,325 responses. The results are statistically weighted for non-response bias and have an CITY COUNCIL MEETING AGENDA April 15, 2025 Page 2 approximately 3 percent margin of error. Narayanan asked how the 2,500 selected households are split between apartments, condos, and single family homes. Kobayashi noted the breakdown of housing is included in the final report. Multifamily housing is oversampled to account for the higher nonresponse rate. Kobayashi explained Polco can benchmark responses against 500 communities across the nation, representing more than 50 million residents. The City’s responses are compared to the nation, the region, and the state. The first finding of the City’s Quality of Life survey is Eden Prairie continues to be a highly desirable place to live. 9 in 10 respondents rate the overall community quality as good or excellent. Safety in neighborhoods, at parks and open spaces, and paths or walking trails is above 90% good or excellent. Safety at the Eden Prairie Center was rated 89% good or excellent, an increase of four percent from the prior survey iteration. When asked what residents like most about living here, the number one response was parks, trails, and recreation centers. The number two response was convenience of location, followed by the #3 response open spaces and nature/wildlife. Narayanan noted his surprise that the school district wasn’t a top answer. Kobayashi noted the school district could still be highly valued, but may not have been a responder’s number one answer. Kobayashi noted the second finding of the survey is residents praise the quality and value of City services. About 90 percent of residents rate the overall quality of Eden Prairie services as good or excellent. Residents rate fire services, EMS services, and police services well above 90 percent good or excellent. Police services were rated higher than national, state, and regional benchmarks, which is notable in today’s climate. Case asked for the criteria of rating above a benchmark. Kobayashi confirmed a City must be rated more than ten percent higher compared to the benchmark to be considered above. Kobayashi stated nonsafety services including park maintenance, water and sewer, and trail maintenance were all rated above 90 percent good or excellent. City planning services and assessing services were the only items to decrease in rating from the prior survey iteration. This is likely due to the scarcity problem that attractive communities suffer as a higher population brings affordability and traffic issues. Getschow noted the City planning decreased to 70 percent good or excellent, but is still number one in the state and top five in the country. Kobayashi confirmed no planning department has ever scored above CITY COUNCIL MEETING AGENDA April 15, 2025 Page 3 80 percent good or excellent. Kobayashi stated the third finding of the survey is residents report positive interactions with City employees. 89 percent of respondents rate overall customer service as good or excellent, higher than national and regional benchmarks. The fourth finding of the survey is residents rank items related to Eden Prairie’s natural environment as top features of the City. One third of residents noted parks, trails, and recreation centers as the thing they like most about living in Eden Prairie. Sustainability initiatives have increased. There has been a significant increase in residents participating in curbside composting. The fifth finding of the survey is residents continue to list the availability of shopping and dining as a top area of improvement for the City, followed by traffic and then cost of living. Kobayashi explained residents are familiar with and participating in City events. Use of parks and recreation facilities is also reported as high, with upward trends in use of the Staring Lake Amphitheatre and the Senior Center. Kobayashi next covered high and low scoring services. 80 services were rated high (75 percent or higher good or excellent), 20 services were rated mid (50 to 75 percent good or excellent), and two services were rated low (under 50 percent good or excellent). Overall quality of the City, governance, feelings of safety, and the natural environment were all rated over 90 percent good or excellent. Sense of community, assessing, traffic, and affordable quality housing were the lowest scoring, with two thirds or fewer residents rating as good or excellent. Case noted a service could be rated low in the City but still be high in the region. Kobayashi next described comparisons to benchmarks. The benchmark represents high performing communities, as communities who survey residents tend to be higher performing. Some communities will never choose to invest time and money in surveying residents. All survey items were rated similarly or higher to national, regional, and state benchmarks. No survey items were rated lower compared to benchmarks. Kobayashi listed areas where Eden Prairie scored much greater than the benchmark (20 points higher) including senior programs and services, ease of public parking, and preservation of natural areas. Nine services scored in the top ten nationwide including City planning services at number two, police services at number three, and preservation of natural areas at number four. CITY COUNCIL MEETING AGENDA April 15, 2025 Page 4 Kobayashi next discussed trends over time. Compared to the previous survey iteration 22 items received higher ratings, 140 items received similar ratings, and 23 items received lower ratings. Ease of travel, police services, and street repair are all trending upward. Affordable quality health care, assessing, and neighborhood traffic issues are trending downward, often associated with communities experiencing growing pains. Kobayashi noted eight in ten residents receive information from friends or neighbors, the City website, and the Life in the Prairie newsletter. Eight in ten residents rate the newsletter as good or excellent. The survey asks if airport noise is a major problem. Ten percent of residents note airport noise is a major or extreme problem, relatively steady over the past ten years. Case asked if every resident answers every question. Kobayashi answered its not required to answer every question, but most residents do. Getschow noted in the north quadrants only four percent of residents rate airport noise as a major problem. Case stated most calls from concerned residents are in the southwest quadrant. Kobayashi stated the survey also asks if residents support the municipally operated liquor stores. Eight in ten residents support. Kobayashi explained residents are more likely to rate the City more favorably if they lived in the City longer, are older, do not have children in the households, are homeowners, have higher income, and identify as non-hispanic white. Narayanan asked Kobayashi to elaborate on the non- hispanic white designation. Kobayashi noted Polco follows the US Census, and Hispanic is not distinguished as a race. Kobayashi summarized the conclusions and noted Eden Prairie is considered an extremely desirable place to live. Narayanan commented on the excellent results and thanked Getschow for his leadership. Kobayashi added the report results are outstanding. Toomey noted people in Minnesota tend to be kinder and asked if that influences survey results. Kobayashi stated Minnesota does score highly, but places such as Denver also score well. Large cities tend to score poorly, as well as cities with low income and diverse residents, who tend to feel disenfranchised from local governments. Case noted the City is now 28 percent diverse. Kobayashi stated Polco moved from a phone survey to an online/paper survey. Residents tend to be more direct in an online/mailed survey compared to a phone call due to social desirability bias. People tend to be CITY COUNCIL MEETING AGENDA April 15, 2025 Page 5 kinder on the phone. Case asked if the survey results were disaggregated responses between the sampled households and open participants. Kobayashi answered in general the open participant respondents tend to be more negative. Case asked how the data between sampled households and open participants was merged, and asked questions on survey methodology. Kobayashi confirmed that information could be compiled. Narayanan asked for the breakdown between single family homes and attached housing. Getschow stated the breakdown is approximately 75 percent single family homes 25 percent attached housing. Narayanan asked how many single family homes that includes. Case answered approximately 18 or 19 thousand. Kobayashi noted staff leadership met to discuss the survey results earlier that day. Based on the survey results, staff identified five focus areas: gearing up for the light rail opening, mall redevelopment, affordable housing, traffic and transportation options, and community building. Staff also brainstormed ways to improve on the five focus areas. Case noted staff’s focus areas have a nice synchronicity with Council priorities. Narayanan asked if there was a reason sustainability was not on the priority list. Kobayashi noted the staff discussion focused more on areas of improvement, its possible sustainability is perceived as an area the City is excelling in. The Council thanked Kobayashi for her time and presentation and Getschow for his leadership. Kobayashi again iterated the excellent results of the survey. Council Chambers II. Open Podium III. Adjournment Unapproved Minutes Eden Prairie City Council Meeting 7 p.m. Tuesday, Apr. 15, 2025 City Center Council Chambers 8080 Mitchell Road Eden Prairie, MN 55344 ATTENDEES City Council Members: Mayor Ron Case, Council Members Kathy Nelson, Mark Freiberg, PG Narayanan, and Lisa Toomey. City Staff: City Manager Rick Getschow, Public Works Director Robert Ellis, Community Development Director Julie Klima, Parks and Recreation Director Amy Markle, HR/Administrative Services Director Alecia Rose, Fire Chief Scott Gerber, Police Chief Matt Sackett, and City Attorney Maggie Neuville MEETING AGENDA I. Call the Meeting to Order Mayor Case called the meeting to order at 7:01 PM. Council Member Kathy Nelson was absent. II. Pledge of Allegiance III. Open Podium Invitation IV. Proclamations and Presentations A. 2024 Quality of Life survey results Getschow noted Eden Prairie conducts a quality-of-life survey every other year. The survey informs the budget. Michelle Kobayashi, Principal Research Strategist at Polco, introduced herself, explained the purpose of the survey, and summarized the survey results. There were 1,325 responses and results were weighted to reflect Eden Prairie overall. Eden Prairie continues to be a highly desirable place to live. Residents enjoy the parks, convenient location, shopping options, and open spaces. The residents praised the quality of life of Eden Prairie services and have reported positive interactions with City employees. Eden Prairie scored in the top 10 in several areas. Narayanan noted the City is successful because of its employees and the Council’s strategic planning. Case thanked the Council, City Manager Getschow, and employees for their work CITY COUNCIL MEETING AGENDA April 15, 2025 Page 2 to create such a phenomenal place to live. B. Arbor Day proclamation Getschow pointed out that the City’s Arbor Day Celebration is Saturday, April 26, 2025, from 10 a.m. to 1 p.m. at Staring Lake Park. Case read the proclamation in full. V. Approval of Agenda and Other Items of Business MOTION: Freiberg moved, seconded by Toomey, to approve the agenda as published. Motion carried 4-0. VI. Minutes MOTION: Toomey moved, seconded by Narayanan, to approve the minutes of the Council workshop held Tuesday, April 1, 2025, and the City Council meeting held Tuesday, April 1, 2025, as published. Motion carried 4-0. VII. Consent Calendar A. Approve second reading of Ordinance No. 07-2025 adopting new City code Section 5.81 relating to cannabis retail businesses, adopt Resolution No. 2025-042 approving summary ordinance, and adopt Resolution No. 2025-043 amending the City’s fee Resolution (No. 2024-096) to include cannabis retail registration fees B. Adopt Resolution No. 2025-044 designating Cass Commercial Bank as a depository for City of Eden Prairie funds C. Approve contract for cover-all fabric buildings (moss site and maintenance building) with Greystone D. Award Sorrel Way drainage improvements project to BKJ Land Co II doing business as BKJ Excavating E. Approve contract for ecological restoration of the ground storage reservoir property with Minnesota Native Landscapes F. Approve professional services agreement for 2025 Lake Monitoring Program with Blue Water Science G. Authorize purchase of treated salt from Cargill and incorporated and untreated salt from Compass Minerals America Incorporated H. Approve modifications to the Sustainable Building Standard CITY COUNCIL MEETING AGENDA April 15, 2025 Page 3 I. Approve construction contract for removal and reinstallation of cellular AMI water meters at commercial and multi-family residential properties with HydroCorp, LLC. J. Approve contract for cellular AMI water meters with Metering Technology Solutions, Inc. K. Award contract for 2025 surface seal project to Corrective Asphalt Materials, LLC L. Approve contract for 2025 pavement rehab project to Bituminous Roadways, Inc. M. Approve professional services agreement for pavement evaluation services from GoodPointe Technology N. Award contract for fire suppression to Summit Fire Protection Co. O. Authorize replacement of point of sale registers at liquor stores 1, 2, and 3 P. Approve enterprise agreement and authorize renewal of Microsoft license purchase Q. Approve proposal for special inspections and materials testing services for City Center and Police remodel with Braun Intertec Corporation R. Authorize contract with Tree Trust for facilitation of the Arbor Day Tree Sale S. Authorize contract for July 4 fireworks display with RES Pyro T. Approve contract for three sets of rescue (extrication) tools with Clarey’s Safety Equipment MOTION: Narayanan moved, seconded by Toomey, to approve Items A-T on the Consent Calendar. Motion carried 4-0. VIII. Public Hearings and Meetings IX. Payment of Claims MOTION: Narayanan moved, seconded by Freiberg, to approve the payment of claims as submitted. Motion was approved on a roll call vote, with Freiberg, Narayanan, Toomey, and Case voting “aye.” X. Ordinances and Resolutions XI. Petitions, Requests, and Communications XII. Appointments CITY COUNCIL MEETING AGENDA April 15, 2025 Page 4 XIII. Reports A. Reports of Council Members B. Report of City Manager C. Report of Community Development Director D. Report of Parks and Recreation Director E. Report of Public Works Director 1. Adopt Resolution No. 2024-045 endorsing West-Metro Multi Community Wellhead Protection Plan Ellis explained Minnesota’s Wellhead Protection Program, administered by the Minnesota Department of Health (MDH), requires all public water suppliers to develop local wellhead protection programs to protect groundwater sources of drinking water. The goal is to gain an understanding of aquifers to better prevent contaminants from entering wells. The City of Eden Prairie currently has a Wellhead Protection Plan approved by MDH in place, but the plans need to be updated at least every 10 years, per the Wellhead Protection Rule. Ellis pointed out there are two parts of the plan and explained the components of each step. The City has little ability to protect water supply management outside of Eden Prairie’s boundaries. Case asked what the flow of the water supply is. Ellis stated the water flows to the south. Narayanan asked if the contaminants had increased. Ellis explained they haven’t seen an increase in contaminants, but there is potential for it. Communities to the north of Eden Prairie will experience contamination first. Ellis stated Hopkins, Saint Louis Park, Richfield, Edina, Bloomington, Eden Prairie, Chanhassen, and Minnetonka are partners for the Wellhead Protection Plan. The group received State funding. The vision is for a collaborative approach to protect water sources. Ellis noted the first step was to develop a regional hydrogeologic and groundwater flow model. He explained the components of each model and summarized the aquifer lifecycle throughout droughts and wet periods. CITY COUNCIL MEETING AGENDA April 15, 2025 Page 5 Ellis stated the second step was to delineate wellhead protection and drinking water supply management areas. The third step was to complete a vulnerability assessment, which is the final step of part one. Since 2013, there have been more areas of medium vulnerability. Narayanan asked if chemicals used in farming in Eden Prairie impact the water supply. Ellis explained that sealed wells, landfills, and other situations are more impactful on the water supply than farming. Ellis added in part two, they will develop potential contaminant source inventory, discuss issues, problems, and opportunities, define management strategies, and create alternative water supply contingency plans. Case asked if the records show the number of wells. Ellis confirmed the County keeps records of wells. Case asked if contamination to Prairie du Chien aquifer could be resolved. Ellis explained they would need to complete more water treatment because Mount Simon aquifer couldn’t support the needs of the area. Narayanan expressed the importance of protecting the Prairie du Chien and thanked Staff, the County, and the State for prioritizing clean water. Toomey asked if Eden Prairie has local regulations regarding wells. Ellis stated new development typically requires a well to be closed. Private residences may drill a well for irrigation. There would need to be a permit issued for the drilling. Narayanan asked if anyone in Eden Prairie was manufacturing chemicals. Ellis stated he is unaware of any chemical manufacturing within the City. MOTION: Narayanan moved, seconded by Freiberg, to adopt Resolution No. 2024-045 endorsing the West-Metro Multi Community Wellhead Protection Plan (part one) and approve an agreement to continue participation in the development and implementation of the remainder of the plan (part two). Motion carried 4-0. F. Report of Police Chief 1. 2024 Police Department Update Sackett provided an update on Eden Prairie Police Department activities in 2024. The Department is authorized for 75 sworn officers and is supported by non-sworn employees and volunteers. The Police Department received over 45,000 calls for service in 2024. He provided statistics on traffic and CITY COUNCIL MEETING AGENDA April 15, 2025 Page 6 investigations and highlighted the 467 social worker referrals. Sackett listed the outreach events from 2024 and summarized the 2025 projects. Toomey thanked the Police Department for their work in Eden Prairie. G. Report of Fire Chief H. Report of City Attorney XIV. Other Business XV. Adjournment MOTION: Freiberg moved, seconded by Narayanan to adjourn the meeting. Motion carried 4-0. Mayor Case adjourned the meeting at 8:20p.m. City Council Agenda Cover Memo Date: May 6, 2025 Section: Consent Calendar Item Number: VII.A. Department: Police/Support Unit ITEM DESCRIPTION Clerk’s License Application List REQUESTED ACTION Approve the licenses listed below SUMMARY Temporary On-Sale Liquor Organization: Eden Prairie Chamber of Commerce Event: Taste of the Prairie Date: June 12, 2025 Place: Fat Pants Brewing parking lot 8335 Crystal View Road Organization: Eden Prairie Lions Club Event: Volunteer Appreciation Date: May 29, 2025 Place: Pax Christi Catholic Community 12100 Pioneer Trail Organization: Eden Prairie Lions Club Event: Summer Music Series Date: June 19, 2025 Place: Pax Christi Catholic Community 12100 Pioneer Trail Organization: Eden Prairie Lions Club Event: Summer Music Series Date: July 24, 2025 Place: Pax Christi Catholic Community 12100 Pioneer Trail Gambling/Bingo Permit Organization: Women of Song Place: Fat Pants Brewing Co 8335 Crystal View Road Dates: 8/13/2025, 9/11/2025, 10/8/2025, 11/13/2025 City Council Agenda Cover Memo Date: May 6, 2025 Section: Ordinances and Resolutions Item Number: VII.B. Department: Community Development / Planning Julie Klima / Jeremy Barnhart ITEM DESCRIPTION The applicant is requesting approval to develop the property at 9905 Dell Road with a combination of detached single family, attached family residential dwelling units, and both public and private open space. The project will include 115 dwelling units. REQUESTED ACTION Move to: • Approve the Second Reading of an Ordinance for a PUD District Review with waivers on 8.03 acres and Zoning District changes from Rural to R1-9.5 on 8.03 acres, Rural to RM- 2.5 on 9.78 acres, and Rural to Parks and Open Space on 12.78 acres • Adopt a Resolution approving a Site Plan Review on 9.78 acres • Adopt a Resolution Conditionally Approving the Development Agreement for Marshall Gardens SUMMARY This is the second reading for Marshall Gardens, which includes the extension of Crestwood Terrace through the site, and the creation of 15 new single family and 100 attached family units. The 120 day review period has been extended and will expire on May 7th. ATTACHMENTS Ordinance for Zoning District Changes Resolution for Site Plan Resolution for Conditional Approval of Development Agreement Development Agreement MARSHALL GARDENS CITY OF EDEN PRAIRIE HENNEPIN COUNTY, MINNESOTA ORDINANCE NO. -2025 AN ORDINANCE OF THE CITY OF EDEN PRAIRIE, MINNESOTA, REMOVING CERTAIN LAND FROM ONE ZONING DISTRICT AND PLACING IT IN ANOTHER, AMENDING THE LEGAL DESCRIPTIONS OF LAND IN EACH DISTRICT, AMENDING THE DESIGNATION OF CERTAIN LAND WITHIN A ZONING DISTRICT, AND ADOPTING BY REFERENCE CITY CODE CHAPTER 11 AND SECTION 11.99 WHICH, AMONG OTHER THINGS, CONTAIN PENALTY PROVISIONS THE CITY COUNCIL OF THE CITY OF EDEN PRAIRIE, MINNESOTA, ORDAINS: Section 1. That the land which is the subject of this Ordinance (hereinafter, the “land”) is legally described in Exhibit A attached hereto and made a part hereof. Section 2. That action was duly initiated proposing that the land be removed from the Rural Zoning District and be placed in the R1-9.5 Zoning District, in the RM-2.5 Zoning District, and Parks/Open Space Zoning District as described in Exhibit A. Section 3. That action was duly initiated proposing that the designation of the land being placed in the R1-9.5 Zoning District be amended within the R1-9.5 Zoning District as - 2025-PUD-_-2025 (hereinafter "PUD-_-2025”). Section 4. The City Council hereby makes the following findings: A. PUD-_-2025 is not in conflict with the goals of the Comprehensive Guide Plan of the City. B. PUD-_-2025 is designed in such a manner to form a desirable and unified environment within its own boundaries. C. The exceptions to the standard requirements of Chapters 11 and 12 of the City Code that are contained in PUD-_-2025 are justified by the design of the development described therein. D. PUD-_-2025 is of sufficient size, composition, and arrangement that its construction, marketing, and operation are feasible as a complete unit without dependence upon any subsequent unit. Section 5. The proposal is hereby adopted and the land shall be, and hereby is removed from the Rural Zoning District and placed in the R1-9.5 Zoning District, the RM-2.5 Zoning District, and the Parks/ Open Space Zoning District, as noted in Exhibit A and the land placed in the R1-9.5 Zoning District shall be included accordingly in the Planned Unit Development PUD-_-2025 and the legal descriptions of land in each district referred to in City Code Section 11.03 shall be and are amended accordingly. Section 6. The land shall be subject to the terms and conditions of that certain Development Agreement dated May 6, 2025 entered into between Lake West Development, LLC, and the City of Eden Prairie, (hereinafter “Development Agreement”). The Development Agreement contains the terms and conditions of PUD-_-2025, and are hereby made a part hereof. Section 7. City Code Chapter 1 entitled “General Provisions and Definitions Applicable to the Entire City Code Including Penalty for Violation” and Section 11.99 entitled “Violation a Misdemeanor” are hereby adopted in their entirety by reference, as though repeated verbatim herein. Section 8. The City Council determines that publication of the title and a summary of this ordinance clearly informs the public of the intent and effect of the ordinance, and directs that only the title of the ordinance and a summary attached as Exhibit B hereto be published, with notice that a printed copy of the ordinance is available for inspection by any person during regular business hours at the office of the City Clerk. Section 9. This Ordinance shall become effective from and after its passage and publication. FIRST READ at a regular meeting of the City Council of the City of Eden Prairie on the January 21, 2025, and finally read and adopted and ordered published in summary form as attached hereto at a regular meeting of the City Council of said City on the 6th day of May, 2025. ATTEST: ___________________________ _____________________________ David Teigland, City Clerk Ronald A. Case, Mayor PUBLISHED in the Sun Sailor on__________________, 2025. EXHIBIT A Legal Description Prior to Final Plat R1-9.5 and PUD That part of the Northeast Quarter of the Southeast Quarter (NE1/4 of SE 1/4) of Section Thirty (30), Township One Hundred Sixteen (116) North, Range Twenty Two (22), West of the 5th Principal Meridian, Hennepin County, lying easterly of the easterly right of way line of Dell Road per Document Number 3767121 and lying northerly and westerly of the following described line: Commencing at the northeast corner of said Northeast Quarter of the Southeast Quarter; thence North 87 degrees 26 minutes 13 seconds West, assumed bearing along the north line of said Northeast Quarter of the Southeast Quarter to the point of beginning of the line to be described; thence southerly along a non-tangential curve, concave to the northwest, having a central angle of 01 degree 12 minutes 43 seconds, a radius of 306.82 for an arc distance of 6.49 feet, the chord of said curve bears South 18 degrees 59 minutes 55 seconds West; thence southerly along a reverse tangential curve, concave to the east, having a central angle of 20 degrees 12 minutes 07 seconds, a radius of 200.00 feet for an arc distance of 70.52 feet; thence southwesterly along a reverse tangential curve, concave to the northwest, having a central angle of 93 degrees 09 minutes 38 seconds, a radius of 75.00 feet for an arc distance of 121.95 feet; thence North 87 degrees 26 minutes 13 seconds West, tangent to said curve, a distance of 148.50 feet; thence southwesterly along a tangential curve, concave to the southeast, having a central angle of 63 degrees 07 minutes 19 seconds, a radius of 125.00 feet for an arc distance of 137.71 feet; South 29 degrees 26 minutes 28 seconds West, tangent to said curve a distance of 13.17 feet; thence southwesterly along a tangential curve, concave to the northwest, having a central angle of 50 degrees 00 minutes 00 seconds, a radius of 125.00 feet for an arc distance of 109.08 feet; thence South 79 degrees 26 minutes 28 seconds West, tangent to said curve, a distance of 60.42 feet; thence westerly along a tangential curve, concave to the north, having a central angle of 05 degrees 42 minutes 38 seconds, a radius of 500.00 feet for an arc distance of 49.83 feet; thence South 85 degrees 09 minutes 06 seconds West, tangent to said curve, a distance of 75.81 feet; thence southwesterly along a tangential curve, concave to the southeast, having a central angle of 11 degrees 25 minutes 16 seconds, a radius of 500.00 feet for an arc distance of 99.67 feet; thence South 73 degrees 43 minutes 50 seconds West, tangent to said curve, a distance of 75.81 feet; thence southwesterly along a tangential curve concave to the northwest, having a central angle of 05 degrees 42 minutes 38 seconds a radius of 500.00 feet for an arc distance of 49.83 feet; thence South 79 degrees 26 minutes 28 seconds West, tangent to said curve, a distance of 60.42 feet; thence northwesterly along a tangential curve concave to the northeast, having a central angle of 72 degrees 01 minutes 38 seconds, a radius of 125.00 feet for an arc distance of 157.14 feet; thence North 28 degrees 31 minutes 55 seconds West, tangent to said curve, a distance of 44.35 feet; thence westerly along a tangential curve, concave to the southwest, having a central angle of 62 degrees 01 minutes 56 seconds, a radius of 150.00 feet for an arc distance of 162.40 feet; thence South 89 degrees 26 minutes 09 seconds West, tangent to said curve, a distance of 57.95 feet to the said easterly right of way line of said Dell Road and said line there terminating. RM-2.5 That part of the Northeast Quarter of the Southeast Quarter (NE1/4 of SE 1/4) of Section Thirty (30), Township One Hundred Sixteen (116) North, Range Twenty Two (22), West of the 5th Principal Meridian, Hennepin County, lying easterly of the easterly right of way line of Dell Road per Document Number 3767121 and lying northerly of the following described line of the following described line: Commencing at the northeast corner of said Northeast Quarter of the Southeast Quarter; South 00 degrees 19 minutes 39 seconds East, assumed bearing along the east line of said Northeast Quarter of the Southeast Quarter, a distance of 240.45 feet to the point of beginning of the line to be described; thence South 61 degrees 26 minutes 08 seconds West, a distance of 61.38 feet; thence South 25 degrees 57 minutes 26 seconds West, a distance of 54.61 feet; thence North 87 degrees 26 minutes 13 seconds West, a distance of 109.76 feet; thence South 27 degrees 33 minutes 47 seconds West, a distance of 133.26 feet; thence South 34 degrees 38 minutes 46 seconds West, a distance of 72.45 feet; thence South 59 degrees 32 minutes 42 seconds West, a distance of 39.34 feet; thence North 77 degrees 18 minutes 26 seconds West, a distance of 12.17 feet; thence South 77 degrees 33 minutes 47 seconds West, a distance of 472.88 feet; thence South 50 degrees 17 minutes 42 seconds West, a distance of 64.83 feet; thence South 06 degrees 00 minutes 47 seconds East, a distance of 50.80 feet; thence South 55 degrees 19 minutes 39 seconds West, a distance of 142.69 feet; thence South 55 degrees 19 minutes 39 seconds West, a distance of 142.69 feet; thence South 82 degrees 33 minutes 47 seconds West, a distance of 232.78 feet to said easterly right of way line of Dell Road and said line there terminating. LESS AND EXCEPT that part lying westerly and northerly of the following described line Commencing at the northeast corner of said Northeast Quarter of the Southeast Quarter; thence North 87 degrees 26 minutes 13 seconds West, assumed bearing along the north line of said Northeast Quarter of the Southeast Quarter to the point of beginning of the line to be described; thence southerly along a non-tangential curve, concave to the northwest, having a central angle of 01 degree 12 minutes 43 seconds, a radius of 306.82 for an arc distance of 6.49 feet, the chord of said curve bears South 18 degrees 59 minutes 55 seconds West; thence southerly along a reverse tangential curve, concave to the east, having a central angle of 20 degrees 12 minutes 07 seconds, a radius of 200.00 feet for an arc distance of 70.52 feet; thence southwesterly along a reverse tangential curve, concave to the northwest, having a central angle of 93 degrees 09 minutes 38 seconds, a radius of 75.00 feet for an arc distance of 121.95 feet; thence North 87 degrees 26 minutes 13 seconds West, tangent to said curve, a distance of 148.50 feet; thence southwesterly along a tangential curve, concave to the southeast, having a central angle of 63 degrees 07 minutes 19 seconds, a radius of 125.00 feet for an arc distance of 137.71 feet; South 29 degrees 26 minutes 28 seconds West, tangent to said curve a distance of 13.17 feet; thence southwesterly along a tangential curve, concave to the northwest, having a central angle of 50 degrees 00 minutes 00 seconds, a radius of 125.00 feet for an arc distance of 109.08 feet; thence South 79 degrees 26 minutes 28 seconds West, tangent to said curve, a distance of 60.42 feet; thence westerly along a tangential curve, concave to the north, having a central angle of 05 degrees 42 minutes 38 seconds, a radius of 500.00 feet for an arc distance of 49.83 feet; thence South 85 degrees 09 minutes 06 seconds West, tangent to said curve, a distance of 75.81 feet; thence southwesterly along a tangential curve, concave to the southeast, having a central angle of 11 degrees 25 minutes 16 seconds, a radius of 500.00 feet for an arc distance of 99.67 feet; thence South 73 degrees 43 minutes 50 seconds West, tangent to said curve, a distance of 75.81 feet; thence southwesterly along a tangential curve concave to the northwest, having a central angle of 05 degrees 42 minutes 38 seconds a radius of 500.00 feet for an arc distance of 49.83 feet; thence South 79 degrees 26 minutes 28 seconds West, tangent to said curve, a distance of 60.42 feet; thence northwesterly along a tangential curve concave to the northeast, having a central angle of 72 degrees 01 minutes 38 seconds, a radius of 125.00 feet for an arc distance of 157.14 feet; thence North 28 degrees 31 minutes 55 seconds West, tangent to said curve, a distance of 44.35 feet; thence westerly along a tangential curve, concave to the southwest, having a central angle of 62 degrees 01 minutes 56 seconds, a radius of 150.00 feet for an arc distance of 162.40 feet; thence South 89 degrees 26 minutes 09 seconds West, tangent to said curve, a distance of 57.95 feet to the said easterly right of way line of said Dell Road and said line there terminating. Parks and Open Space That part of the Northeast Quarter of the Southeast Quarter (NE1/4 of SE 1/4) of Section Thirty (30), Township One Hundred Sixteen (116) North, Range Twenty Two (22), West of the 5th Principal Meridian, Hennepin County, lying easterly of the easterly right of way line of Dell Road per Document Number 3767121 and lying southerly of the following described line: Commencing at the northeast corner of said Northeast Quarter of the Southeast Quarter; South 00 degrees 19 minutes 39 seconds East, assumed bearing along the east line of said Northeast Quarter of the Southeast Quarter, a distance of 240.45 feet to the point of beginning of the line to be described; thence South 61 degrees 26 minutes 08 seconds West, a distance of 61.38 feet; thence South 25 degrees 57 minutes 26 seconds West, a distance of 54.61 feet; thence North 87 degrees 26 minutes 13 seconds West, a distance of 109.76 feet; thence South 27 degrees 33 minutes 47 seconds West, a distance of 133.26 feet; thence South 34 degrees 38 minutes 46 seconds West, a distance of 72.45 feet; thence South 59 degrees 32 minutes 42 seconds West, a distance of 39.34 feet; thence North 77 degrees 18 minutes 26 seconds West, a distance of 12.17 feet; thence South 77 degrees 33 minutes 47 seconds West, a distance of 472.88 feet; thence South 50 degrees 17 minutes 42 seconds West, a distance of 64.83 feet; thence South 06 degrees 00 minutes 47 seconds East, a distance of 50.80 feet; thence South 55 degrees 19 minutes 39 seconds West, a distance of 142.69 feet; thence South 55 degrees 19 minutes 39 seconds West, a distance of 142.69 feet; thence South 82 degrees 33 minutes 47 seconds West, a distance of 232.78 feet to said easterly right of way line of Dell Road and said line there terminating. LESS AND EXCEPT That part of the Northeast Quarter of the Southeast Quartet of Section 30, Township 116, Range 22, Hennepin County, Minnesota, described as follows: Commencing at the Southeast Corner of said Northeast Quarter of the Southeast Quarter (NE 1/4 of SE 1/4) of said Section Thirty (30), and running thence west for a distance of two (2) rods; thence in a northeasterly direction to a point on said Section Line which is two (2) rods north of the point of beginning; thence running south to the point of beginning, Hennepin County, Minnesota. Legal Description After the Final Plat R1-9.5 and PUD Lots 1 through Lot 15, inclusive, Block 1, Outlot A, Outlot B, and Outlot E, MARSHALL GARDENS, according to the recorded plat thereof, Hennepin County, Minnesota. RM-2.5 Lot 1, Block 2, Outlot C, MARSHALL GARDENS, according to the recorded plat thereof, Hennepin County, Minnesota. Parks and Open Space Outlot D MARSHALL GARDENS, according to the recorded plat thereof, Hennepin County, Minnesota. EXHIBIT B CITY OF EDEN PRAIRIE HENNEPIN COUNTY, MINNESOTA SUMMARY OF ORDINANCE __-2025 AN ORDINANCE OF THE CITY OF EDEN PRAIRIE, MINNESOTA, REMOVING CERTAIN LAND FROM ONE ZONING DISTRICT AND PLACING IT IN ANOTHER, AMENDING THE LEGAL DESCRIPTIONS OF LAND IN EACH DISTRICT, AMENDING THE DESIGNATION OF CERTAIN LAND WITHIN A ZONING DISTRICT, AND ADOPTING BY REFERENCE CITY CODE CHAPTER 11 AND SECTION 11.99 WHICH, AMONG OTHER THINGS, CONTAIN PENALTY PROVISIONS THE CITY COUNCIL OF THE CITY OF EDEN PRAIRIE, MINNESOTA, ORDAINS: Summary: This Ordinance rezones a parcel of land located at 9905 Dell Road. The ordinance re-zones the land into the R1-9.5, RM-2.5, and Parks and Open Space Districts, and designates the R1-9.5 portion of the property as a Planned Unit Development (PUD) District. Exhibit A to the Ordinance gives the full legal description of the property and identifies the portions being rezoned into each district. Effective Date: This Ordinance shall take effect upon publication. ATTEST: ____________________________ ______________________________ David Teigland, City Clerk Ronald A. Case, Mayor PUBLISHED in the Sun Sailor on ____________, 2025. (A full copy of the text of this Ordinance is available from City Clerk.) CITY OF EDEN PRAIRIE HENNEPIN COUNTY, MINNESOTA RESOLUTION NO. 2025-____ A RESOLUTION GRANTING SITE PLAN APPROVAL FOR MARSHALL GARDENS MULTI-FAMILY BY LAKE WEST DEVELOPMENT, LLC. WHEREAS, Lake West Development, LLC, has applied for Site Plan approval of Marshall Gardens to construct a 100 unit multi-family structure; WHEREAS, zoning approval for the Marshall Gardens multi-family project was granted by an Ordinance approved by the City Council on May 6, 2025; and WHEREAS, the Planning Commission reviewed said application at a public hearing at its November 18, 2024 meeting and recommended approval of said site plans; and WHEREAS, the City Council has reviewed said application at a public hearing at its January 21, 2025 meeting. NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF EDEN PRAIRIE, that site plan approval for property legally described in Exhibit A attached hereto is granted to Lake West Development, LLC, subject to the Development Agreement between Lake West Development, LLC and the City of Eden Prairie, reviewed and approved by the City Council on May 6, 2025. ADOPTED by the City Council of the City of Eden Prairie this 6th day of May, 2025. _____________________________ Ronald A. Case, Mayor ATTEST: ___________________________ David Teigland, City Clerk EXHIBIT A Site Plan Legal Description (After Final Plat): Lot 1, Block 2, Marshall Gardens, Hennepin County, Minnesota. Legal Description (Before Final Plat) That part of the Northeast Quarter of the Southeast Quarter (NE1/4 of SE 1/4) of Section Thirty (30), Township One Hundred Sixteen (116) North, Range Twenty Two (22), West of the 5th Principal Meridian, Hennepin County, lying easterly of the easterly right of way line of Dell Road per Document Number 3767121 and lying northerly of the following described line of the following described line: Commencing at the northeast corner of said Northeast Quarter of the Southeast Quarter; South 00 degrees 19 minutes 39 seconds East, assumed bearing along the east line of said Northeast Quarter of the Southeast Quarter, a distance of 240.45 feet to the point of beginning of the line to be described; thence South 61 degrees 26 minutes 08 seconds West, a distance of 61.38 feet; thence South 25 degrees 57 minutes 26 seconds West, a distance of 54.61 feet; thence North 87 degrees 26 minutes 13 seconds West, a distance of 109.76 feet; thence South 27 degrees 33 minutes 47 seconds West, a distance of 133.26 feet; thence South 34 degrees 38 minutes 46 seconds West, a distance of 72.45 feet; thence South 59 degrees 32 minutes 42 seconds West, a distance of 39.34 feet; thence North 77 degrees 18 minutes 26 seconds West, a distance of 12.17 feet; thence South 77 degrees 33 minutes 47 seconds West, a distance of 472.88 feet; thence South 50 degrees 17 minutes 42 seconds West, a distance of 64.83 feet; thence South 06 degrees 00 minutes 47 seconds East, a distance of 50.80 feet; thence South 55 degrees 19 minutes 39 seconds West, a distance of 142.69 feet; thence South 55 degrees 19 minutes 39 seconds West, a distance of 142.69 feet; thence South 82 degrees 33 minutes 47 seconds West, a distance of 232.78 feet to said easterly right of way line of Dell Road and said line there terminating. LESS AND EXCEPT that part lying westerly and northerly of the following described line Commencing at the northeast corner of said Northeast Quarter of the Southeast Quarter; thence North 87 degrees 26 minutes 13 seconds West, assumed bearing along the north line of said Northeast Quarter of the Southeast Quarter to the point of beginning of the line to be described; thence southerly along a non-tangential curve, concave to the northwest, having a central angle of 01 degree 12 minutes 43 seconds, a radius of 306.82 for an arc distance of 6.49 feet, the chord of said curve bears South 18 degrees 59 minutes 55 seconds West; thence southerly along a reverse tangential curve, concave to the east, having a central angle of 20 degrees 12 minutes 07 seconds, a radius of 200.00 feet for an arc distance of 70.52 feet; thence southwesterly along a reverse tangential curve, concave to the northwest, having a central angle of 93 degrees 09 minutes 38 seconds, a radius of 75.00 feet for an arc distance of 121.95 feet; thence North 87 degrees 26 minutes 13 seconds West, tangent to said curve, a distance of 148.50 feet; thence southwesterly along a tangential curve, concave to the southeast, having a central angle of 63 degrees 07 minutes 19 seconds, a radius of 125.00 feet for an arc distance of 137.71 feet; South 29 degrees 26 minutes 28 seconds West, tangent to said curve a distance of 13.17 feet; thence southwesterly along a tangential curve, concave to the northwest, having a central angle of 50 degrees 00 minutes 00 seconds, a radius of 125.00 feet for an arc distance of 109.08 feet; thence South 79 degrees 26 minutes 28 seconds West, tangent to said curve, a distance of 60.42 feet; thence westerly along a tangential curve, concave to the north, having a central angle of 05 degrees 42 minutes 38 seconds, a radius of 500.00 feet for an arc distance of 49.83 feet; thence South 85 degrees 09 minutes 06 seconds West, tangent to said curve, a distance of 75.81 feet; thence southwesterly along a tangential curve, concave to the southeast, having a central angle of 11 degrees 25 minutes 16 seconds, a radius of 500.00 feet for an arc distance of 99.67 feet; thence South 73 degrees 43 minutes 50 seconds West, tangent to said curve, a distance of 75.81 feet; thence southwesterly along a tangential curve concave to the northwest, having a central angle of 05 degrees 42 minutes 38 seconds a radius of 500.00 feet for an arc distance of 49.83 feet; thence South 79 degrees 26 minutes 28 seconds West, tangent to said curve, a distance of 60.42 feet; thence northwesterly along a tangential curve concave to the northeast, having a central angle of 72 degrees 01 minutes 38 seconds, a radius of 125.00 feet for an arc distance of 157.14 feet; thence North 28 degrees 31 minutes 55 seconds West, tangent to said curve, a distance of 44.35 feet; thence westerly along a tangential curve, concave to the southwest, having a central angle of 62 degrees 01 minutes 56 seconds, a radius of 150.00 feet for an arc distance of 162.40 feet; thence South 89 degrees 26 minutes 09 seconds West, tangent to said curve, a distance of 57.95 feet to the said easterly right of way line of said Dell Road and said line there terminating. CITY OF EDEN PRAIRIE HENNEPIN COUNTY, MINNESOTA RESOLUTION NO. 2025-____ A RESOLUTION FOR CONDITIONAL APPROVAL OF THE DEVELOPMENT AGREEMENT FOR MARSHALL GARDENS WHEREAS, the Developer has requested to sign and execute the Development Agreement for Marshall Gardens (the “Project”) at the closing of Developer’s purchase of the property at 9905 Dell Road; and, WHEREAS, the City is amenable to allowing the Developer to sign and execute the Development Agreement at the closing; and, WHEREAS, the approval of this Agreement, second reading of Ordinance No ____ , and Resolution No granting Site Plan approval are contingent upon receipt by the City Manager of documentation acceptable to the City Manager that Lake West Development, LLC has acquired fee simple interest in the Property as defined in the Development Agreement. If the City Manager does not receive such documentation on or prior to August 6, 2025, the above Ordinance, Resolution, and approvals are null and void and of no further effect. The City Council may, but is not required to, take such further action to confirm that the Ordinance, Resolution, are null and void and of no further effect; and, WHEREAS, the City Council has reviewed the Project at a public hearing at its January 21, 2025, meeting. WHEREAS, the City Council has reviewed the Development Agreement for the Project at its May 6, 2025, meeting. NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF EDEN PRAIRIE, that the Development Agreement between Lake West Development, LLC and the City of Eden Prairie is conditionally approved by the City Council on May 6, 2025, and is conditioned upon the Developer providing the City Manager documentation that the Lake West Development LLC has acquired fee simple interest in the Property on or prior to August 30, 2025. If the Developer requests an extension to the August 30, 2025 date, the City Manager shall have the authority to grant up to a 30 day extension for documentation of the acquisition of the Property. If documentation is not provided by the applicable deadline, the Ordinance, Resolution, and approvals are null and void and of no further effect. The City Council may, but is not required to, take such further action to confirm that the Ordinance, Resolution, are null and void and of no further effect. ADOPTED by the City Council of the City of Eden Prairie this 6th day of May, 2025. ________________________________ Ronald A. Case, Mayor ATTEST: ________________________________ David Teigland, City Clerk 1 Marshall Gardens Development Agreement May 6, 2025 DEVELOPMENT AGREEMENT Marshall Gardens THIS DEVELOPMENT AGREEMENT (“Agreement”) is entered into as of May 6, 2025, by Lake West Development, LLC, a Minnesota limited liability company, hereinafter referred to as “Developer,” its successors and assigns, and the CITY OF EDEN PRAIRIE, a Minnesota municipal corporation, hereinafter referred to as “City”: WITNESSETH: WHEREAS, Developer has applied to City for Guide Plan Change from Low Density Residential to Medium Density Residential on 9.78 acres, from Low Density Residential to Parks and Open Space on 12.78 acres, Planned Unit Development Concept Review on 8.03 acres, Planned Unit Development District Review with waivers on 8.03 acres, Zoning District Change from Rural to R1- 9.5 Zoning District on 8.03 acres, from Rural to RM- 2.5 Zoning District on 9.78 acres, from Rural to Parks and Open Space Zoning District on 12.78 acres, Site Plan Review on 32.11 acres, and Preliminary Plat of 32.11 acres into 16 lots and 5 outlots (the “Applications”), for real property legally described on Exhibit A (the “Property”). NOW, THEREFORE, in consideration of the City adopting Resolution No. 2025-017 for Guide Plan Change, Resolution No. 2025-018 for Planned Unit Development Concept Review, Ordinance No. __________ for Planned Unit Development District Review and Zoning District Change from Rural to R1-9.5 on 8.03 acres, from Rural to RM-2.5 on 9.78 acres, and from Rural to Parks and Open Space on 12.78 acres, Resolution No. ____________ for Site Plan Review, and Resolution No. 2025-019 for Preliminary Plat, Developer agrees to construct, develop and 2 Marshall Gardens Development Agreement May 6, 2025 maintain the Property as follows: 1. PLANS: Developer must develop the Property in conformance with the materials revised and stamp dated January 15, 2025, reviewed and approved by the City Council on January 21, 2025, identified on Exhibit B (hereinafter the “Plans”), subject to such changes and modifications as provided herein. 2. EXHIBIT C: Developer agrees to the terms, covenants, agreements, and conditions set forth in Exhibit C. 3. PLANS FOR INDIVIDUAL HOME CONSTRUCTION: Prior to building permit issuance for each residential structure on each lot of the Property, a Certificate of Survey for such lot must be submitted for review and written approval by the Building Department. The Certificate of Survey must include a certification by the builder that construction of the residence is consistent with this Agreement and all exhibits attached hereto, and must further contain the following information: A. Topography with 2-foot contour intervals for existing and proposed grades. Topography must be field verified. B. Location of structures with finished floor elevations. C. Retaining walls, type, height, and type of details. D. Location of sewer, water, gas and electric lines. E. Method of erosion control. F. Detailed grading plans. G. Reflect no construction or grading within any conservation easement area, private, or public property. H. Reflect no steepening of the natural slopes and walk-out levels that meet natural grade and no more than a 2 foot wide construction area on the lower ground elevation. I. Engineered design for footing, foundation, and retaining walls. 4. CASH PARK FEES: In lieu of dedication of land, Developer must pay cash park fees for 115 lots/units as required by City Code in effect as of the date of the issuance of the building permit(s) for construction on the Property. 5. CIC DECLARATION. Prior to the issuance of the first Certificate of Occupancy for a residential structure on a lot located within the Property, Developer must submit to and receive the approval of the City Engineer and the City Planner of the final Declaration of Covenants, Conditions, and Restrictions for the Common Interest Community (CIC) to be recorded against the Property (the “CIC Declaration”). Developer must not record the CIC Declaration until the City Engineer and City Planner have approved the document. The CIC Declaration must include provisions relating to use restrictions, access to utilities, maintenance of common elements by a homeowner’s association (HOA), and other items 3 Marshall Gardens Development Agreement May 6, 2025 to ensure that the use and operation of the Property will be consistent with the City’s Approvals. Specifically, the CIC Declaration must address the following: a. Access, use, and maintenance of the private driveways, parking areas, storm sewers, sanitary sewer, watermain, and stormwater management facilities; b. Operation, maintenance, and use of the community garden located as Outlot A, as described in paragraph 21; c. Maintenance of the buffers and screening on Outlot E, as described in paragraph 40. 6. CONVEYANCE OF LAND FOR PUBLIC INFRASTRUCTURE AND OPEN SPACE PRESERVATION: Prior to release of the final plat for the Property, Developer must tender warranty deeds to the City for proposed Outlots B, C and D for review and written approval by the City Engineer. After approval by the City, Developer must file the warranty deeds with the Hennepin County Recorder or Registrar of Titles’ Office as appropriate immediately after the recording of the final plat and prior to recording of any document affecting the Property including but not limited to any mortgage granted by the Developer or owners, their successors and/or assigns, or provide a release thereof from the applicable mortgagee or owner, as applicable. Prior to the issuance of the first building permit for a residential structure on a lot located within the Property, Developer must submit to the City Engineer proof that the warranty deeds have been recorded in the Hennepin County Recorder or Registrar of Titles' Office. The City, at its discretion, may require Developer to provide, at Developer’s cost, an owner’s policy of title insurance in a policy amount reasonably determined by the City insuring marketable title to the same in the name of the City after the dedication or conveyance. Once conveyed to the City, Outlot D shall not be subject to any of the terms and conditions of this Agreement. 7. FINAL PLAT: The final plat of the Property must be recorded with the Hennepin County Recorder and/or Registrar of Titles’ Office, as applicable, within 90 days of approval by the City Council or within 2 years of approval of the preliminary plat, whichever occurs first. If the final plat is not filed within the specified time, the City Council may, upon ten days written notice to the Developer, consider a resolution revoking the approval. Prior to release of the final plat, Developer shall pay for engineering land development services, final plat application and processing fees, and street signs related to the development project area. 8. DEMOLITION: Prior to demolishing any of the existing structures on the Property, Developer must apply for and receive approval of a wrecking permit. Prior to demolition, 4 Marshall Gardens Development Agreement May 6, 2025 Developer agrees to allow City staff or members of the City’s Heritage Preservation Commission to photo and video document the structures on the property. 9. DISCLOSURE OF INFORMATION REGARDING FLYING CLOUD AIRPORT: No lot within the Property may be sold or transferred to the first intended residential homeowner, nor an agreement entered into to construct a home on any lot within the Property unless the Developer or its successors or assigns delivers prior to execution of a purchase agreement or an agreement to construct a home on the lot (whichever comes first), a disclosure statement in form and substance as attached as Exhibit D hereto regarding the Flying Cloud Airport. If the initial purchaser of a lot from the Developer is not the initial intended homeowner of a residence to be constructed on the lot, Developer must require by contractual obligation with its initial purchaser the delivery of said disclosure statement to the initial intended residential homeowner prior to execution by the intended homeowner of any agreement to construct a home or agreement to purchase a lot (whichever comes first). 10. EXTERIOR MATERIALS: As part of the building permit application materials, Developer must submit to the City Planner, and receive the City Planner’s written approval of a plan depicting exterior materials and colors to be used on the buildings to be constructed on a lot located within the Property consistent with the Exhibit B Plans. Prior to issuance of any occupancy permit for a residential structure to be constructed on a lot located within Property, Developer must complete implementation of the approved exterior materials and colors plan in accordance with the terms and conditions of Exhibit C. 11. GRADING, DRAINAGE, AND STORMWATER POLLUTION PREVENTION PLANS: A. FINAL GRADING AND DRAINAGE PLAN: Developer agrees that the grading and drainage plan contained in the Plans is conceptual. Prior to the release of a land alteration permit for the Property, Developer must submit and obtain the City Engineer's written approval of a final grading and drainage plan for the Property. The final grading and drainage plan must be prepared and properly signed by a currently licensed Professional Civil Engineer hired by the Developer. The final grading and drainage plan must include: 1. “Stormwater Facilities” as that term is defined in City Code Section 11.55, Subd. 2, including all stationary, temporary, and permanent stormwater BMPs designed, constructed and operated to prevent or reduce the discharge of pollutants in stormwater as well as structures built to collect, convey or store stormwater (“Stormwater Facilities”); and 2. Any other items required with the land alteration permit application and/or by 5 Marshall Gardens Development Agreement May 6, 2025 the City Engineer for release of the permit. B. LAND ALTERATION PERMIT: Developer must submit the following with all land alteration, grading and/or filling permit applications as described below and in accordance with City Code: 1. Design calculations for storm water quality, rate, 100-year high water level (HWL), and volume, together with a drainage area map; 2. Logs for geotechnical borings and/or infiltration tests within the footprint of all proposed permanent stormwater management BMPs. Geotechnical borings must extend to a minimum depth of five (5) feet below the proposed bottom of the BMP. If the infiltration rates indicated by the geotechnical borings and/or infiltration tests are more restrictive than the assumptions made in the Stormwater Management Report, the design of the permanent stormwater management BMPs must be amended accordingly and an updated Stormwater Management Report must be provided. 3. Financial security in the form of a bond, cash escrow, or letter of credit, equal to 125% of the cost of the improvements to be made pursuant to the permit, in a format approved by the City and as required by City Code Section 11.55, Subd. 11 (the “Land Alteration Security”); 4. At the request of the City Engineer, a maintenance and monitoring plan must be submitted for all privately owned Stormwater Facilities to ensure they continue to function as designed in perpetuity, pursuant to and in accordance with City Code Section 11.55, Subd. 7 (“Maintenance and Monitoring Plan”). The Maintenance and Monitoring Plan must include, at a minimum: a) The party(s) responsible for maintenance; b) Access plans for inspections, monitoring and/or maintenance; c) Planting plan (if applicable); d) Routine and non-routine inspection procedures; e) Frequency of inspections; f) Sweeping frequency for all parking and road surfaces (if applicable); g) Plans for restoration or repairs (including reduced infiltration when applicable); h) Performance standards; and i) Corrective actions that will be taken if the stormwater facility(s) does not meet performance specifications. 5. Documentation establishing that any Stormwater Facilities constructed and installed under a structure are designed in conformance with the standards outlined in the Minnesota Stormwater Manual published by the Minnesota Pollution Control Agency (the “Minnesota Stormwater Manual”). The 6 Marshall Gardens Development Agreement May 6, 2025 underground system must be kept off-line until construction is complete; 6. Erosion and sedimentation control plan; 7. Copy of the Stormwater Pollution Prevention Plan (“SWPPP”) if required by the Minnesota Pollution Control Agency Construction Stormwater Permit; and 8. Infiltration Practices: All proposed practices, measures and methods must be in accordance with the Minnesota Stormwater Manual. For land alteration permit applications for projects that incorporate infiltration practices as part of the Stormwater Facility, this includes but is not limited to: a) Construction management practices that will be used to ensure the infiltration system(s) will be protected during construction and functional after completion of construction; b) Erosion control measures that will be used to delineate and protect the infiltration system(s) during construction; c) Proposed infiltration volumes in cubic feet and rates in inches per hour; d) Methods that will be used for field verification of infiltration for stormwater infiltration systems; e) Methods that will be used to assure that infiltration is restored, if needed; f) Locations for material storage establishing that materials will not be stockpiled or stored within the proposed infiltration area(s); g) Vehicular access and parking routes (must not be allowed within the infiltration area(s)); and h) Construction techniques that will be used to protect the infiltration capacity by limiting soil compaction the greatest extent possible, including use of erosion control fencing to delineate the infiltration area and use of low-impact earth moving equipment. C. STORMWATER FACILITY MONITORING DURING CONSTRUCTION: The Developer must employ the licensed Professional Engineer who prepared the final grading plan or another licensed professional qualified to perform the work (to be approved in writing by the City Engineer) to complete the following: 1. Monitor the construction of Stormwater Facilities and temporary BMPs for conformance to the approved final grading plan, the Minnesota Storm Water Manual, and the SWPPP. 2. Enter all inspection, monitoring, and maintenance activities and/or reports regarding site construction and land alteration permit requirements into the City’s web-based erosion and sediment control permit tracking program (currently PermiTrack ESC). Inspections must be conducted at least bi-weekly 7 Marshall Gardens Development Agreement May 6, 2025 between April 1 and October 31 and after precipitation events exceeding 0.5 inches. Inspections must be performed at least weekly during active construction. D. STORMWATER FACILITY MAINTENANCE: Stormwater Facilities must be maintained by the Developer during construction and for a minimum of two (2) full growing seasons after City acceptance of the public infrastructure as determined by the City Engineer. Repairs completed during this time must be done in accordance with the land alteration permit and City Code Section 11.55, Subd. 7. Repairs to privately owned and maintained Stormwater Facilities must be done in accordance with the Maintenance and Monitoring Plan. If the Stormwater Facilities are not functioning as designed at the end of the minimum 2-year period, the City Engineer may extend the Developer’s maintenance responsibility or require further repairs. Once the minimum 2-year period has been reached or the City has determined that the Stormwater Facilities conform to the design criteria established in the land alteration permit and the SWPPP, whichever is longer, the then-current owner of the Property or the HOA will be responsible for all future inspections and maintenance of the Stormwater Facilities in accordance with City Code Section 11.55, Subd. 7. If there is a drainage easement present over the Stormwater Facility(s), the easement holder will be responsible for inspections and maintenance. The Stormwater Facilities noted on the Plans will be privately owned and maintained by Developer and thereafter by the HOA. Prior to release of the Land Alteration Security, an Inspection and Maintenance Agreement for Private Stormwater Facilities in the form attached hereto as Exhibit F must be recorded for all privately owned and maintained Stormwater Facilities. Pervious surfaces must be stabilized with seed and mulch or sod and all impervious surfaces must be completed prior to final grading and planting of the stormwater infiltration systems. E. LAND ALTERATION PERMIT FINANCIAL SECURITY RELEASE: Prior to release of the Land Alteration Security, Developer must complete implementation of the approved SWPPP. Any remaining Land Alteration Security must be released to the person who deposited the Land Alteration Security upon determination by the City that the requirements of City Code Section 11.55 and the conditions of the land alteration permit have been satisfactorily performed. 12. GRADING IN THE WOODED AREAS ON SITE: Prior to grading as delineated on Exhibit B plans, Developer must submit to the City Forester and receive the City Forester's written approval of a plan depicting construction grading limits on the Property. Prior to any grading on the Property, Developer must place a construction fence on the approved 8 Marshall Gardens Development Agreement May 6, 2025 construction grading limits. Developer must notify the City 48 hours in advance of grading so that the construction limit fence may be field inspected and approved by the City Engineer and City Forester. Developer must maintain the construction limit fence until the City grants written approval to remove the fence. 13. ELEVATORS: Developer has volunteered to install elevator cars in the multifamily building that meet the minimum size standards of Minnesota State Building Code Section 3002.4. This voluntary undertaking is not subject to the enforcement provisions contained in this Agreement. 14. INTERIOR NOISE MITIGATION PLAN: Prior to issuance of each residential building permit for the Property, Developer must submit to the City Building Official, and obtain the City Building Official’s written approval of plans that establish that each residence is designed to meet the structural performance standards for residential interior sound levels described in the Metropolitan Council’s most current Transportation Policy Plan. 15. IRRIGATION PLAN: If irrigation is installed on the Property, Developer must submit to the City Planner and receive the City Planner’s written approval of a plan for irrigation of the landscaped areas on the Property. The irrigation plan must be designed so that water is not directed on or over public trails and sidewalks. Developer must complete implementation of the approved irrigation plan in accordance with the terms and conditions of Exhibit C. If Developer determines to reuse stormwater retained in Outlots B (Pond # 30-41 B) and C (Pond # 30-41 C), for irrigation purposes, Developer must receive and execute an encroachment agreement with the City for the placement of private improvements on City property. The encroachment agreement must be in a form provided by the City and with terms acceptable to the City Engineer. While the ponds 30-41 B and 30-41 C will be owned and maintained by the City, the proposed stormwater reuse systems for ponds 30-41 B and 30-41 C and all of its appurtenant components will be privately owned, operated, and maintained by the Developer and thereafter by the HOA in perpetuity. Any such reuse system will be a private Stormwater Facility that is subject to the Inspection and Maintenance Agreement for Private Stormwater Facilities as described in paragraph 11.D. The City will not be responsible for ensuring the quantity or quality of water in the ponds is adequate for irrigation reuse. 16. LANDSCAPE & TREE REPLACEMENT PLAN: Prior to issuance of a land alteration permit, the Developer must submit to the City Planner and receive the City Planner’s written approval of an executed landscape agreement and a final landscape or tree replacement plan for the Property. The approved landscape or tree replacement plan must 9 Marshall Gardens Development Agreement May 6, 2025 be consistent with the quantity, type, and size of all plant materials shown on the landscape or tree replacement plan on the Exhibit B Plans and including all proposed trees, shrubs, perennials, and grasses. The approved landscape or tree replacement plan must include replacement trees of a 2.5-inch diameter minimum size for a shade tree and a 6-foot minimum height for conifer trees. The approved landscape or tree replacement plan must also provide that, should actual tree loss exceed that calculated herein, Developer must provide tree replacement on a caliper inch per caliper inch basis for such excess loss. Prior to land alteration permit issuance, Developer must also submit to the City Planner and receive the City Planner's written approval of a security in the form of a cash escrow or letter of credit equal to 150% of the cost of the tree and landscape improvements including all proposed trees, shrubs, perennials, and grasses as depicted on the landscape and/or tree replacement plan on the Exhibit B Plans (the “Landscape Security”). The Landscape Security will be held for two full growing seasons after the installation of all plantings and inspection by the City. A growing season is the part of the year during which rainfall and temperature allow plants to grow (approximately April-October). The installation must conform to the approved landscape or tree replacement plan including but not limited to the size, species and location as depicted on the Exhibit B Plans. Any changes proposed to the landscape plan or landscaping installed on the Property, including but not limited to removal and relocation, must be reviewed and approved by the City Planner prior to implementing such changes. Developer must complete implementation of the approved landscape or tree replacement plan as depicted on the Exhibit B Plans and in accordance with the terms and conditions of Exhibit C of this Agreement. The Landscape Security will be released in accordance with the terms of the landscape agreement. 17. MECHANICAL EQUIPMENT SCREENING: Developer must screen all mechanical equipment on the Property. For purposes of this paragraph, “mechanical equipment” includes gas meters, electrical conduits, water meters, and standard heating, ventilating, and air-conditioning units. Financial security to guarantee construction of such screening is included with the Landscape Security. Developer must complete construction of mechanical equipment screening prior to issuance of any occupancy permit for the Property. If, after completion of construction of the mechanical equipment screening, it is determined by the City Planner, in his or her sole discretion, that the constructed screening does not meet City Code requirements to screen mechanical equipment from public streets and differing, adjacent land uses, then the City Planner will notify Developer and Developer must take corrective action to reconstruct the mechanical equipment screening in order to cure the deficiencies identified by the City Planner. Developer agrees that the City will not release the Landscape Security until Developer completes all such corrective measures. 18. MORTGAGEE CONSENT AND SUBORDINATION: For any mortgage lien recorded against the Property prior to recording this Agreement, Developer must deliver to the City 10 Marshall Gardens Development Agreement May 6, 2025 a mortgagee consent and subordination in a form approved by the City and attach the executed form to the Agreement submitted for recording. 19. OTHER AGENCY APPROVALS: The Developer must submit copies of all necessary approvals issued by other agencies for the project to the City Engineer. These submittals are required prior to issuance by the City of the corresponding City permit(s). The agencies issuing such approvals include, but are not necessarily limited to the following: the Minnesota Pollution Control Agency, Metropolitan Council Environmental Services, Riley Purgatory Bluff Creek Watershed District, and the Minnesota Department of Health. The City Planner may determine that conditions of approval required by the Riley Purgatory Bluff Creek Watershed District require changes to the City approvals granted with this Agreement which may entail additional City review, including public hearing(s) for recommendation by the Planning Commission and approval by the City Council. Developer consents to such additional review as determined by the City Planner and agrees to an extension pursuant to Minn. Stat. Section 15.99 of an additional 60 days for the additional review. 20. OPEN SPACE BOUNDARIES: Prior to issuance of the first building permit for a residential structure on a lot located within the Property, Developer must permanently demarcate the location of the boundary of Outlot D on each lot property line or corner with permanent four-foot tall posts. A minimum three (3) by eight (8) inch sign reading “Open Space Boundary City of Eden Prairie” must be affixed to the top of the post. 21. COMMUNITY GARDEN: Developer and thereafter the HOA must maintain Outlot A as a community garden for the sole use of the residents of the project. No commercial activity is permitted on Outlot A. Outside storage of gardening equipment is prohibited on the Property. 22. PUD WAIVERS GRANTED: The City hereby grants the following waivers to City Code requirements within the R1-9.5 Zoning District through the Planned Unit Development District Review for Lots 1–2, 4–9, and 12–13, Block 1, of the Property and incorporates said waivers as part of PUD ______________ A waiver from the lot area and lot width requirements of 9,500 or 70 feet, respectively, as listed in the table below Block 1 Approved Lot Width Approved Lot Area Lot 1 51 10,793 Lot 2 57 11,396 11 Marshall Gardens Development Agreement May 6, 2025 Lot 3 No waiver Lot 4 60 9,797 Lot 5 61 9,234 Lot 6 60 9,007 Lot 7 61 9,034 Lot 8 61 9,429 Lot 9 61 9,893 Lot 10 No Waiver Lot 11 No Waiver Lot 12 66 10,173 Lot 13 44 10,634 Lot 14 No Waiver Lot 15 No Waiver 23. REMOVAL/SEALING OF EXISTING WELL AND SEPTIC SYSTEMS: Prior to issuance by City of any permit for grading or building on the Property, Developer must submit to the Chief Building Official and to obtain the Chief Building Official's written approval of plans for demolition and removal of existing septic systems and wells on the Property, and restoration of the Property. Prior to such demolition or removal, Developer must provide to the City a deposit in the form of a cashier’s check in the amount of $1,000.00 to guarantee that Developer completes implementation of the approved plan. The City will return to Developer the $1,000.00 deposit at such time as the Chief Building Official has verified in writing that the Developer has completed implementation of the approved plan. 24. RETAINING WALLS: Prior to issuance by the City of any permit for grading or building on the Property, Developer must obtain a building permit for retaining wall construction from the City for any retaining walls greater than four feet in height, measured from the bottom of the footing to the top of the wall. Retaining walls must not be constructed in a drainage or utility easement area. The retaining wall plans submitted with the permit application must include details with respect to the height, type of materials, and method of construction to be used for the 12 Marshall Gardens Development Agreement May 6, 2025 retaining walls. Developer must construct the retaining walls in accordance with the terms of the permit and terms and conditions of Exhibit C, attached hereto, prior to issuance of any occupancy permit for the Property. All maintenance and repair of all retaining walls on the Property are the responsibility of the Developer, its successors and assigns, or the HOA. The city will install a retaining wall adjacent to the property as part of the Dell Road project, a portion of which will require an easement for future maintenance. The developer agrees to provide such easement as reasonably necessary. It is the intention that the easement will not extend further into the Property than the D/U easement in that area. 25. TEMPORARY CONSTRUCTION EASEMENT FOR DELL ROAD PROJECT. The City will be undertaking a project to reconstruct and improve Dell Road adjacent to the Property, which will include the construction of retaining walls on City right-of-way immediately adjacent to the Property. Developer agrees to provide to the City any necessary temporary construction easement, with terms approved by the City Engineer, to permit the temporary access to and use of specified portions of the Property for purposes of construction of the road improvements and the City-owned retaining walls. 26. SIGNS: For each sign which requires a permit under Eden Prairie City Code Section 11.70, Developer must obtain a sign permit from the City. The application must include a complete description of the sign and a sketch showing the size, location, the manner of construction, and other such information as necessary to inform the City of the kind, size, material construction, and location of any such sign in accordance with the requirements of City Code, Section 11.70, Subdivision 5. 27. SITE LIGHTING: All parking lot pole lighting must consist of downcast cut-off fixtures. Pole lighting must not exceed 25 feet in height. A three (3) foot base is permitted for a total of 28 feet in height. Developer must complete implementation of the lighting plan in Exhibit B prior to issuance of any occupancy permit for a residential structure on a lot located within the Property. 28. SITE AMENITIES PLAN AND CONSTRUCTION DETAILS: Site amenities must be provided consistent with the Exhibit B Plans and construction of amenities shall be completed prior to the issuance of the initial Certificate of Occupancy. Site amenities to be provided by Developer for the multi-family buildings may include, but are not limited to, the following: community garden area, landscaped open space, plazas, trails, sidewalks, pool and pool deck, dog run, fire pit, grill stations, and interior clubhouses. Some specific site amenities, such as the Central Plaza, East Plaza, pool, and Building 3 Amenity area, may be with a second phase of the development and those site amenities shall not be required to be completed prior to the issuance of a Certificate of Occupancy for a residential structure on a lot located within the Property. 13 Marshall Gardens Development Agreement May 6, 2025 29. SPECIAL ASSESSMENT AGREEMENT: Prior to the release of the final plat for the Property, an assessment agreement with the City, in the form and substance as attached in Exhibit E, must be signed by the owner(s) of the Property for: (1) trunk sewer and water fees on an assessable area of 15.81 acres in the amount of $155,840.90; and (2) the Property’s share of assessments for the Dell Road Improvement Project in the amount of $847,600.00. The amount of trunk sewer and water fees is based on the City’s 2025 fee schedule. If the final plat is not released prior to September 1, 2025, and the City thereafter amends the fee schedule to increase the amount of such trunk sewer and water fees or such increase is proposed by staff but has not yet been adopted by the Council, the amount above will be amended to reflect the increased fees. In no event, however, will the City assess the Property for an amount in excess of the trunk sewer and water fees effective January 1 of the year in which the assessment is levied. There are two special assessments that were previously levied against the Property but were deferred by operation of the Green Acres law, Minn. Stat. § 273.111, as evidenced by a Certificate of Deferral for Special Assessments filed with the Hennepin County Recorder’s Office on March 10, 2008 as Document No. 9107139. The current balance of these two assessments are $1,134.03 and $21,441.95. As provided by Minn. Stat. § 273.111, subd. 11, the deferred assessments will be due within 90 days of the loss of the Property’s Green Acres status. 30. SUSTAINABLE BUILDING STANDARD: Approval of the PUD for this development activates the City’s Sustainable Building Standard requirements for the single-family dwellings. Building plans must incorporate the following features. Developer must complete implementation prior to issuance of any occupancy permit for the Property. A. Installation of one EV-Ready parking space per dwelling unit. EV-Ready means the presence of electrical panel capacity with a dedicated branch circuit and a continuous raceway with conduit terminating in a junction box or 240-volt charging outlet at the future electric vehicle parking spot. B. Roof of each unit is built to meet Solar-Ready Provisions from most recent version of the ICC International Residential Code. Elements include solar-ready zone designation, roof load documentation, interconnection pathway, and reserved space in the electrical service panel. 31. SUSTAINABLE FEATURES: Developer has volunteered to include the following sustainable features in the multi-family buildings to be constructed on Lot 1, Block 2. These voluntary undertakings are not subject to the enforcement provisions of this Agreement. A. Electric Vehicle Charging. Developer will install and provide at all times a minimum 14 Marshall Gardens Development Agreement May 6, 2025 of one hundred (100) electric vehicle (EV) ready charging spaces located in the garage level of the multi-family building, location to be approved by the Fire Department. EV-Ready means the presence of electrical panel capacity with a dedicated branch circuit and a continuous raceway with conduit terminating in a junction box or 240-volt charging outlet at the future electric vehicle parking spot. B. Solar Panels. Prior to occupancy of the multi-family buildings, Developer will install solar panels on the south face of the roof of the multi-family buildings as depicted on Exhibit B plans. C. Energy Design Assistance Program. Developer will engage this Xcel Energy program to identify energy and cost savings strategies in new construction projects. D. Efficient Appliances/Fixtures. The Developer will install Energy Star and Water Sense certified appliances and fixtures in the buildings. E. Low VOC Materials. The Developer will use paints, adhesives, sealants, flooring and carpet in the buildings that are low VOC. 32. FIRE SAFETY: Developer has volunteered to and will provide the following elements related to fire safety in the multi-family buildings: A. The HVAC system for the entrance foyers will utilize a positive pressure; B. Manual controls for the garage level will be located at each vehicle entrance; and C. The floor separation between the garage level and the first floor will be 3 hour rated. These voluntary undertakings are not subject to the enforcement provisions contained in this Agreement. 33. PUBLIC IMPROVEMENTS: Prior to issuance by the City of any permit for the construction of public streets, sanitary sewer, water infrastructure, or storm sewer for the Property (the “Public Improvements”), Developer must submit to the City Engineer, and obtain the City Engineer's written approval of plans for the Public Improvements. Plans must be prepared and properly signed by a currently licensed Professional Civil Engineer (Engineer of Record) employed by the Developer. The submitted plans must be of a plan view and profile format on 24” x 36” (or 22” x 34”) plan sheets at 50 scale consistent with City standards. Prior to release of the final plat for the Property, Developer must furnish to the City Engineer and receive the City Engineer’s written approval of financial security equal to 125% of the cost of the Public Improvements. A fee of five percent (5%) of construction value must also be paid to City by Developer for engineering review services. The Developer’s licensed Professional Civil Engineer (Engineer of Record) must provide daily inspection of the Public Improvements, certify completion in conformance to approved plans and specifications, and provide record drawings and testing results. So long 15 Marshall Gardens Development Agreement May 6, 2025 as Developer is not in default of the terms and conditions of this Agreement, periodically upon a request by Developer and City’s verification of satisfactory completion of any installed Public Improvements, a like percentage of that portion of the Financial Security covering those specific completed Public Improvements may be released. As provided in City Code § 12.04, subd. 4.B, the City will retain at least 25% of the Financial Security until the Public Improvements have been accepted by the City Engineer and as-built drawings have been received. The Developer shall warrant and guarantee and agree to maintain the stability of all public work and materials done, furnished, and installed under this Agreement for a period of two years. The Developer shall provide a warranty bond in the amount of 25% of the cost of the Public Improvements. Upon completion of the Public Improvements, the City Engineer will issue a letter to the Developer confirming completion and acceptance of the Public Improvements, and the date of the letter shall be the first day of the two-year warranty period. The City Engineer shall deliver such letter within 30 days of Developer’s request or provide a detailed written response to Developer why the City cannot issue such letter. After expiration of the two-year warranty period, the City shall be responsible for the maintenance and repair of the Public Improvements. The City does not waive any rights, claims, or causes of action it may have, if any, regarding any latent defects to the Public Improvements upon the expiration of the two-year warranty period. 34. STREETLIGHTS IN RIGHT-OF-WAY: Streetlighting shall be installed as detailed in the Exhibit B Plans. Developer shall coordinate streetlight installation with the electric service provider. For Minnesota Valley Electric Company’s service area, streetlights shall be Cobra or Decorative Colonial based on the Plans. Developer is responsible for initial construction cost and three years of electrical service costs at the current electrical rate charged by the service provider at the time of release of Final Plat. 35. STRUCTURE SETBACKS FROM 100 YEAR FLOOD ELEVATION: All permanent structures that will abut existing wetlands or stormwater pretreatment ponds must have a minimum setback of 30 feet from the 100-year flood elevation as shown on the Plans. 36. TRASH, RECYCLING, AND ORGANICS: Developer agrees that all trash, recycling, and organic waste bins or receptacles will at all times be located inside of the buildings except on designated pickup days as depicted on the Plans. 37. UTILITY EASEMENTS: In connection with approval and recording of the final plat for the Property, Developer must dedicate drainage and utility easements to the City on the final plat as shown on the Plans. 16 Marshall Gardens Development Agreement May 6, 2025 38. SALT AND SNOW STORAGE: Salt storage is not allowed on the Lot 1, Block 2 unless the Property Owner and any agents, tenants, or contractors employ best management practices to minimize the discharge of polluted runoff from salt storage and: 1. The designated salt storage area is indoors; 2. The designated salt storage area is located on an impervious surface and downgradient from any Stormwater Facilities; and 3. Practices to reduce exposure when transferring material in designated salt storage areas (sweeping, diversions, and/or containment) are implemented. Salt applicators must possess current Smart Salting Level 1 and Level 2 Certification from the Minnesota Pollution Control Agency. The certified individual(s) are responsible for the application of appropriate deicing material at the proper amount and rate. Snow must not be stored in any required parking or stormwater treatment areas. If the Property does not provide adequate snow storage areas, the Developer and/or HOA must remove the snow from the Property. 39. INCLUSIONARY HOUSING. Prior to the issuance of each building permit for units on Lot 1, Block 2, Developer will pay Inclusionary Housing fees for the number of units equal to 10% of the units receiving building permit approval with that issuance, at the rate in effect at the time of permit issuance. 40. OUTLOT E. Outlot E is created for permanent buffer and screening purposes. Developer agrees and acknowledges that Outlot E will remain undeveloped and that the City will not grant subdivision or other approval for any development of Outlot E in the future. 17 Marshall Gardens Development Agreement May 6, 2025 IN WITNESS WHEREOF, the parties to this Agreement have caused these presents to be executed as of the day and year aforesaid. CITY OF EDEN PRAIRIE By___________________________ Ronald A. Case Its Mayor By____________________________ Rick Getschow Its City Manager STATE OF MINNESOTA ) ) ss. COUNTY OF HENNEPIN ) The foregoing instrument was acknowledged before me this ____ day of ________________, 2025, by Ronald A. Case and Rick Getschow, respectively the Mayor and the City Manager of the City of Eden Prairie, a Minnesota municipal corporation, on behalf of said corporation. _______________________ Notary Public 18 Marshall Gardens Development Agreement May 6, 2025 Lake West Development, LLC ______________________________ By Curt Fretham Its Chief Manager STATE OF MINNESOTA ) ) ss. COUNTY OF HENNEPIN ) The foregoing instrument was acknowledged before me this ____ day of ____________, 2025, by Curt Fretham, the Chief Manager, of Lake West Development, LLC, a Minnesota limited liability company, on behalf of the company. Notary Public THIS INSTRUMENT WAS DRAFTED BY: CITY OF EDEN PRAIRIE 8080 MITCHELL ROAD EDEN PRAIRIE, MN 55344 19 Marshall Gardens Development Agreement May 6, 2025 EXHIBIT A DEVELOPMENT AGREEMENT – MARSHALL GARDENS Legal Description Legal Description Before Final Plat The Northeast Quarter of the Southeast Quarter (NE1/4 of SE 1/4) of Section Thirty (30), Township One Hundred Sixteen (116) North, Range Twenty Two (22), West of the 5th Principal Meridian, excepting that part thereof described as follows: Commencing at the Southeast Corner of said Northeast Quarter of the Southeast Quarter (NE 1/4 of SE 1/4) of said Section Thirty (30), and running thence west for a distance of two (2) rods; thence in a northeasterly direction to a point on said Section Line which is two (2) rods north of the point of beginning; thence running south to the point of beginning, Hennepin County, Minnesota. Also excepting that portion of the Northeast Quarter of the Southeast Quarter (NE 1/4 of the SE 1/4) of Section Thirty (30), Township One Hundred Sixteen (116), Range Twenty-two (22), lying south and west of Dell Road as the same is now laid out, Hennepin County, Minnesota. Legal Description After Final Plat Lots 1–15, Block 1, Lot 1, Block 2, and Outlots A, B, C, D, and E, Marshall Gardens, Hennepin County, Minnesota. 20 Marshall Gardens Development Agreement May 6, 2025 EXHIBIT B DEVELOPMENT AGREEMENT – MARSHALL GARDENS PLANS LIST OF MATERIALS 1. Project Narrative revised October 3, 2024 by Lakewest Development, LLC 2. Preliminary Plat revised January 10, 2025 by Westwood, sheet S001 3. Existing Conditions and Removals Plan revised 12/26/2024 by Westwood, sheet S002 4. Overall Site Plan revised 12/26/2024 by Westwood, sheet S003 5. Site Plan revised 12/26/2024 by Westwood, sheet S004 6. Civil Cover Sheet revised 12/26/2024 by Westwood, sheet C001 7. Preliminary Grading Plan revised 12/26/2024 by Westwood, sheet C002 8. Preliminary Erosion Control Plan revised 12/26/2024 by Westwood, sheet C003 9. Preliminary Utilities revised 12/26/2024 by Westwood, sheet C004 10. Civil Details revised 12/26/2024 by Westwood, sheet C005 11. Civil Details revised 12/26/2024 by Westwood, sheet C006 12. Civil Details revised 12/26/2024 by Westwood, sheet C007-2 13. Civil Details revised 12/26/2024 by Westwood, sheet C008-2 14. Civil Details revised 12/26/2024 by Westwood, sheet C009 15. Overall Tree Preservation Plan revised 12/26/2024 by Westwood, sheet L001 16. Tree Preservation Plan revised 12/26/2024 by Westwood, sheet L002 17. Tree Preservation Plan revised 12/26/2024 by Westwood, sheet L003 18. Tree Preservation Data revised 12/26/2024 by Westwood, sheet L004 19. Tree Preservation Data revised 12/26/2024 by Westwood, sheet L005 20. Overall Landscaping Plan revised 12/26/2024 by Westwood, sheet L006 21. Overstory and Understory Tree Details revised 12/26/2024 by Westwood, sheet L007 22. Foundation and Dog Park Planting Details revised 12/26/2024 by Westwood, sheet L008 23. Foundation Planting Details revised 12/26/2024 by Westwood, sheet L009 24. Monument, Buffer, and Pool Planting Details revised 12/26/2024 by Westwood, sheet L010 25. Lighting Plan revised 12/26/2024 by Westwood, sheet E001 26. Fire Safety Exhibit dated 1/7/2025 by Westwood, sheet 01 of 01 27. Usable Open Space Exhibit revised 1/07/2025 by Westwood, sheet 01of 01 28. Architectural Coversheet revised 10/04/2024 by Hobbs and Black, sheet A-000 29. Composite Plans and Building Data revised 10/04/2024 by Hobbs and Black, sheet A-010 30. Lower Level Plan West revised 10/04/2024 by Hobbs and Black, sheet A-100 31. Lower Level Plan Center revised 10/04/2024 by Hobbs and Black, sheet A-100.1 32. Lower Level Plan East revised 10/04/2024 by Hobbs and Black, sheet A-100.2 33. Building Type A Plans revised 10/04/2024 by Hobbs and Black, sheet A-101 34. Building Type A Plans revised 10/04/2024 by Hobbs and Black, sheet A-101.1 35. Building Type B/ B1 Plans revised 10/04/2024 by Hobbs and Black, sheet A-102 36. Building Type B/ B1 Plans revised 10/04/2024 by Hobbs and Black, sheet A-102.1 21 Marshall Gardens Development Agreement May 6, 2025 37. Building Type C Plans revised 10/04/2024 by Hobbs and Black, sheet A-103 38. Building Type C Plans revised 10/04/2024 by Hobbs and Black, sheet A-103.1 39. Building Type A Elevations revised 10/04/2024 by Hobbs and Black, sheet A-102 40. Building Type A Material Calcs revised 10/04/2024 by Hobbs and Black, sheet A-102.1 41. Building Type B/ B-1 Elevations revised 10/04/2024 by Hobbs and Black, sheet A-202 42. Building Type B/ B-1 Material Calcs revised 10/04/2024 by Hobbs and Black, sheet A-202.1 43. Building Type C Elevations revised 10/04/2024 by Hobbs and Black, sheet A-203 44. Building Type C Material Calcs revised 10/04/2024 by Hobbs and Black, sheet A-203.1 45. Rendering revised 10/04/2024 by Hobbs and Black, sheet A-301 46. Rendering revised 10/04/2024 by Hobbs and Black, sheet A-302 47. Rendering revised 10/04/2024 by Hobbs and Black, sheet A-303 48. Unit Plan (typ) dated 10/4/2024 by Hobbs and Black, Sheet A-400 49. Traffic Study dated August 27, 2024 by Transportation Collaborative & Consultants 22 Marshall Gardens Development Agreement May 6, 2025 EXHIBIT C DEVELOPMENT AGREEMENT – MARSHALL GARDENS 1. The Development Agreement must be recorded with the Hennepin County Recorder and/or Registrar of Titles as applicable prior to release of the final plat or, if no final plat, prior to the issuance of any permit or approval for the development, unless specifically authorized by the City Planner. The final plat will not be released until recording of the Development Agreement is complete, unless otherwise agreed to by the City, in which case the City Attorney will provide a letter with document recording order and instructions that must be complied with by the Developer. 2. Prior to release of the final plat, Developer must submit public infrastructure plans to the City Engineer for approval (1” = 50’ scale). 3. With respect to all portions of the Property which Developer is required to dedicate to the City on the final plat or convey to the City by deed (the “Dedicated or Conveyed Property”), Developer represents and warrants as follows: a. That at the time of dedication or conveyance, title to the Dedicated or Conveyed Property is or will be marketable fee title, free and clear of all mortgages, liens, and other encumbrances, subject to any easements or minor title imperfections acceptable to the City in its discretion (“Marketable Title”). Prior to final plat approval, Developer must provide title evidence satisfactory to the City Attorney establishing Marketable Title. The City, at its discretion, may require Developer to provide, at Developer’s cost, an owner’s policy of title insurance in a policy amount reasonably determined by the City, insuring Marketable Title in the name of the City after the dedication or conveyance. b. That Developer has not used, employed, deposited, stored, disposed of, placed, or otherwise allowed to come in or on the Dedicated or Conveyed Property, any hazardous substance, hazardous waste, pollutant, or contaminant, including, but not limited to those defined in or pursuant to 42 U.S.C. § 9601, et. seq., or Minn. Stat. § 115B.01, et. seq. (“Hazardous Substances”). c. That Developer has not allowed any other person to use, employ, deposit, store, dispose of, place, or otherwise have, in or on the Dedicated or Conveyed Property, any Hazardous Substances. d. That, to Developer’s knowledge, no previous owner, operator, or possessor of the Property deposited, stored, disposed of, placed, or otherwise allowed in or on the Dedicated or Conveyed Property any Hazardous Substances. Developer agrees to indemnify, defend, and hold harmless City, its successors and assigns, 23 Marshall Gardens Development Agreement May 6, 2025 against any and all loss, costs, damage, or expense, including reasonable attorney’s fees, that the City incurs because of the breach of any of the above representations or warranties or resulting from or due to the release or threatened release of Hazardous Substances which were, or are claimed or alleged to have been, used, employed, deposited, stored, disposed of, placed, or otherwise located or allowed to be located, in or on the Dedicated or Conveyed Property by Developer, its employees, agents, contractors, or representatives. 4. Developer must submit detailed construction and storm sewer plans to the relevant Watershed District for review and approval. Developer must follow all rules and recommendations of said Watershed District. 5. Developer must provide written notice to all private and public utilities prior to the commencement of any improvements on the Property. 6. The City will not issue any building permit for the construction of any building, structure, or improvement on the Property until all requirements listed in this Exhibit C have been satisfactorily addressed by Developer. Developer’s obligation to address all requirements of this Exhibit C will continue to apply notwithstanding the City’s issuance of permits or approvals for the Property. 7. Prior to release of the first building permit for the Property, and for any subsequent building permit for the Property if required by the City in its sole discretion, Developer must submit to the City Engineer for approval a master grading plan (1" =100' scale) showing existing and proposed contours, proposed streets, and lot arrangements and size, minimum floor elevations on each lot, preliminary alignment and grades for sanitary sewer, water main, and storm sewer, 100-year flood plain contours, ponding areas, tributary areas to catch basins, arrows showing direction of storm water flow on all lots, location of walks, trails, and any property deeded to the City. 8. Prior to building permit issuance, Developer must pay all fees associated with the building permit to the Building Inspections Division, including: building permit fee, plan check fee, State surcharge, metro system access charge (SAC), City SAC and City water access charge (WAC), park dedication, and other applicable fees. Developer must contact the Metropolitan Council to determine the number of SAC units. 9. Prior to building permit issuance and except as otherwise authorized in the approved Plans, all existing structures must be properly removed as required by City Code, with necessary permits obtained through the Building Inspections Division. 10. Prior to building permit issuance and except as otherwise authorized in the approved Plans, any wells and septic systems on the Property must be properly abandoned or removed as required by City Code and Hennepin County ordinance, with necessary permits obtained through the Inspections Division. 11. Prior to building permit issuance, Developer must provide an ALTA survey or site plan 24 Marshall Gardens Development Agreement May 6, 2025 completed by a licensed surveyor or engineer (1" = 50’ scale) showing proposed building locations and all proposed streets, with approved street names, lot arrangements, and property lines. 12. If Developer fails to proceed in accordance with this Agreement within twenty-four (24) months of the date hereof, Developer, for itself, its successors, and assigns, will not oppose the City’s reconsideration and rescission of any Rezoning, Planned Unit Development review, Site Plan review and/or Guide Plan review approved in connection with this Agreement, thus restoring the status of the Property before the Development Agreement and all approvals listed above were approved. 13. This Agreement will run with the land and be binding upon and enforceable against the Property and the Owners, their successors and assigns of the Property. 14. This Agreement is a contract between the City and the Developer. No provision of this Agreement inures to the benefit of any third person, including the public at large, so as to constitute any person as a third-party beneficiary of the Agreement or of any one or more of its terms, or otherwise give rise to any cause of action for any person not a party to this Agreement. 15. Developer acknowledges that the obligations of Developer contemplated in this Agreement are special, unique, and of an extraordinary character, and that, in the event that Developer violates, or fails, or refuses to perform any covenant, condition, or provision of this Agreement, City may be without an adequate remedy at law. Developer agrees, therefore, that in the event Developer violates, fails, or refuses to perform any covenant, condition, or provision made herein, City may, at its option, institute and prosecute an action to specifically enforce such covenant, withhold permits or other City approvals, or rescind or revoke any approvals granted by the City. No remedy conferred in this Agreement is intended to be exclusive and each will be cumulative and will be in addition to every other remedy. The election of anyone or more remedies will not constitute a waiver of any other remedy. 16. No failure of the City to comply with any term, condition, or covenant of this Agreement will subject the City to liability for any claim for damages, costs or other financial or pecuniary charges. No execution on any claim, demand, cause of action or judgment may be levied upon or collected from the general credit, general fund or taxing powers of the City. 17. The Developer hereby irrevocably nominates, constitutes, and appoints and designates the City as its attorney-in-fact for the sole purpose and right to amend Exhibit A hereto to identify the legal description of the Property after platting thereof. 18. The Developer grants the City, its agents, employees, officers, and contractors a license to enter the Property to perform all work and inspections deemed appropriate by the City in conjunction with this Agreement. 25 Marshall Gardens Development Agreement May 6, 2025 19. Developer will pay upon demand to the City all costs reasonably incurred by the City in conjunction with the Applications. These costs include internal City administrative, planning and, engineering costs and consulting costs, including but not limited to legal, engineering, planning and financial, in review, investigation, administering and processing the Applications and implementation of the approvals granted by the City. 20. The City is hereby granted the option, but not the obligation, to complete or cause completion in whole or part of the Developer’s obligations under this Agreement for which a bond, letter of credit, cash deposit or other security ( “Security”) is required if the Developer defaults with respect to any term or condition in this Agreement for which Security is required and fails to cure such default(s) within ten (10) days after receipt of written notice thereof from the City; provided however if the nature of the cure is such that it is not possible to complete the cure within ten (10) days, it will be sufficient if the Developer has initiated and is diligently pursuing such cure. The Developer acknowledges that the City does not assume any obligations or duties of the Developer with respect to any contracts or agreements with third parties relating to the improvements unless otherwise agreed in writing by the City. The City may draw down on or make a claim against the Security, as appropriate, upon five (5) business days’ notice to the Developer, for any violation of the terms of this Agreement or if the Security lapses prior to the end of the required term. If the obligations for which Security is required are not completed at least thirty (30) days prior to the expiration of the Security and if the Security has not been renewed, replaced or otherwise extended beyond the expiration date, the City may also draw down or make a claim against the Security as appropriate. If the City draws down or makes a claim against the Security, the proceeds will be used to cure the default(s) and to reimburse the City for all costs and expenses, including attorney fees, incurred by the City in enforcing this Agreement. 21. In the event of a violation of City Code relating to use of the Property and construction thereon or failure to fulfill an obligation imposed upon the Developer pursuant to this Agreement, City will give 24 hours’ notice of such violation, or such longer period as determined by the City in its discretion given the nature of the violation, in order to allow a cure of such violation. The City need not issue a building or occupancy permit for construction or occupancy on the Property while such a violation is continuing. The existence of a violation of City Code or the failure to perform or fulfill an obligation required by this Agreement will be determined solely and conclusively by the City Manager or his or her designee. 22. Developer will release, defend, and indemnify City, its elected and appointed officials, employees, and agents from and against any and all claims, demands, lawsuits, complaints, loss, costs (including reasonable attorneys’ fees), damages and injunctions relating to any acts, failures to act, errors, omissions of Developer or Developer's consultants, contractors, 26 Marshall Gardens Development Agreement May 6, 2025 subcontractors, suppliers and agents. Developer will not be released from its responsibilities to release, defend, and indemnify because of any inspection, review, or approval by City. 23. Developer acknowledges that Developer is familiar with the requirements of Chapter 11, Zoning, and Chapter 12, Subdivision Regulations, of the City Code and other applicable City ordinances affecting the development of the Property. Developer agrees to develop the Property in accordance with the requirements of all applicable City Code requirements and City Ordinances. 24. Developer agrees that the Property will be operated in a manner meeting all applicable noise, vibration, dust and dirt, smoke, odor and glare laws and regulations. Developer further agrees that the facility upon the Property will be operated so noise, vibration, dust and dirt, smoke, odor, and glare do not go beyond the Property boundary lines in violation of applicable laws or regulations. 27 Marshall Gardens Development Agreement May 6, 2025 EXHIBIT D DEVELOPMENT AGREEMENT – MARSHALL GARDENS Disclosure of Information Developer must cause the following notice to be given, either from Developer itself or Developer’s successor(s)-in-interest to any portion of the Property, to all residential home purchasers of lots within the Property who intend to be the first occupant of a residence on such lot, prior to the execution of a purchase agreement or agreement to construct a residence on a lot within the Property, whichever occurs first: The Property is located near the Flying Cloud Airport, a public use airport owned and operated by the Metropolitan Airports Commission. The Airport is available 24 hours a day, year round. The Airport operates two parallel east/west runways, and a north/south crosswind runway, all of which are lighted. The Airport accommodates aircraft operations from single and multi-engine propeller aircraft; corporate jet aircraft; helicopters; and pilot training facilities; which may affect the Property. Further information regarding the airport can be obtained from the Airport Manager, Telephone No,: 952-944-1035. 28 Marshall Gardens Development Agreement May 6, 2025 EXHIBIT E DEVELOPMENT AGREEMENT – MARSHALL GARDENS Agreement Regarding Special Assessments THIS IS AN AGREEMENT MADE THIS ____ day of ___________, 2025, between the City of Eden Prairie, a municipal corporation, (the “City”), and Lake West Development, LLC, a Minnesota limited liability company (the “Owner”). A. The Owner holds legal and equitable title to property described as Lots 1–15, Block 1, Lot 1, Block 2, Outlot A, and Outlot E, Marshall Gardens, Hennepin County, Minnesota, which property is the subject of this Agreement and is hereinafter referred to as the “Property”. B. The Owner desires to develop the Property in such a manner that relies upon the City's trunk utility system, including trunk sanitary sewers, trunk watermains, wells, elevated storage facilities and a water treatment plant (all of which is hereafter referred to as the “Utility Improvement”). C. The Owner further desires to develop the Property in such a manner that relies upon and requires the construction of street and utility improvements on Dell Road, adjacent to the Property (the “Dell Road Improvements”) D. The parties hereto desire to enter into this Agreement concerning the financing of the construction of the Utility Improvements and the Dell Road Improvements (collectively, the “Improvements”), all of which will inure to the benefit of the Property. AGREEMENTS IT IS HEREBY AGREED as follows: 1. The Owner consents to the levying of special assessments against the Property in the following amounts: a. $155,840.90 for the Utility Improvements; and b. $847,600.00 for the Dell Road Improvements. 2. The City’s assessment records for the Property will show the assessments as “pending assessments” until levied. 3. The interest rate on the assessments will be determined by adding two (2) percent 29 Marshall Gardens Development Agreement May 6, 2025 to the interest rate for a 20-year AAA rated bond at the time the assessment is levied. Interest rates are confirmed and adjusted annually in October when special assessments are levied. All special assessments are charged 14 months interest for the first year to include November and December after City Council’s approval and the full next calendar year. 4. The Owner waives notice of any assessment hearing to be held at which hearing or hearings the assessments are to be considered by the City Council and thereafter approved and levied. 5. The Owner concurs that the benefit to the Property by virtue of the Improvements to be constructed exceeds the amount of the assessment to be levied against the Property. The Owner waives all rights it has by virtue of Minnesota Statute 429.081 or otherwise to challenge the amount or validity of the assessments, or the procedures used by the City in apportioning the assessments and hereby releases the City, its officers, agents, and employees from any and all liability related to or arising out of the imposition or levying of the assessments. 6. This Agreement shall be effective immediately. 7. This Agreement may not be terminated or amended except in writing executed by both parties hereto, provided however upon the levying of the special assessments contemplated by Paragraph 1 hereof the City may upon request of the owner of the property affected, without the necessity of further City Council approval, unilaterally prepare and provide to the owner for recording a document releasing any property so levied from this Agreement. 8. This Agreement constitutes a lien on the Property: (1) in the amount of $155,840.90 until such time as the assessment for the Utility Improvements referred to above are levied; and (2) in the amount of $847,600.00 until such time as the assessment for the Dell Road Improvements referred to above are levied. 30 Marshall Gardens Development Agreement May 6, 2025 OWNER CITY OF EDEN PRAIRIE A Minnesota A Minnesota Municipal Corporation By: NOT TO BE SIGNED By: NOT TO BE SIGNED Ronald A. Case Its Mayor By: NOT TO BE SIGNED Rick Getschow Its City Manager STATE OF MINNESOTA ) ) ss. COUNTY OF HENNEPIN ) The foregoing instrument was acknowledged before me this ______ day of ____________, 202__, by Ronald A. Case, the Mayor, and Rick Getschow, the City Manager, of the City of Eden Prairie, a Minnesota municipal corporation, on behalf of the corporation. Notary Public STATE OF MINNESOTA ) ) ss. COUNTY OF HENNEPIN ) The foregoing instrument was acknowledged before me this ______ day of ___________, 2022, by the , a Minnesota , on behalf of the . Notary Public THIS INSTRUMENT WAS DRAFTED BY: City of Eden Prairie 8080 Mitchell Road Eden Prairie, MN 55344 31 Marshall Gardens Development Agreement May 6, 2025 EXHIBIT F DEVELOPMENT AGREEMENT – MARSHALL GARDENS Inspection and Maintenance Agreement for Private Stormwater Facilities This Inspection and Maintenance Agreement (“Agreement”) is made and entered into this ____ day of , of the year, 20___, by and between __________________, a ____________________, its successors and assigns (hereinafter called the “Owner”, whether one or more) and the City of Eden Prairie, a Minnesota municipal corporation (hereinafter called “City”). WITNESSETH, that WHEREAS, the City is required by federal and state surface water quality regulations and its National Pollutant Discharge Elimination System (NPDES) Municipal Separate Storm Sewer System (MS4) permit to prevent surface water quality degradation from development and redevelopment activities within its jurisdiction; WHEREAS, the City has adopted stormwater regulations as required by the MS4 permit and such regulations are contained in Section 11.55 of the Eden Prairie City Code; WHEREAS, a structural stormwater Best Management Practice (BMP) is defined in the MS4 General Permit as "a stationary and permanent BMP that is designed, constructed and operated to prevent or reduce the discharge of pollutants in stormwater.” These may include, but are not limited to green roofs, permeable pavement, bioretention basins, rain gardens, infiltration basins, sand filters, stormwater ponds, manufactured treatment devices, and structures that perform chemical treatment of stormwater; WHEREAS, “structural stormwater BMPs” are called “stormwater facilities” in Section 11.55, Subd. 2 of Eden Prairie City Code; WHEREAS, the Owner is the fee owner of real property located at _____________(property address and/or PID)_____________________ and legally described on the attached Exhibit A (“Property”); 32 Marshall Gardens Development Agreement May 6, 2025 WHEREAS, the Owner has constructed or will construct certain stormwater facilities on the Property that have been approved by the City in accordance with City Code; WHEREAS, some or all of the stormwater facilities on the Property serve private property and are not owned, operated or maintained by the City (“Private BMPs”). A drawing showing the general area of Private BMPs is attached to this Agreement as Exhibit B for ease of identification; WHEREAS the City’s MS4 Permit requires the City to have an executed legal mechanism for the inspection and maintenance of Private BMPs; and WHEREAS, Owner intends to transfer ownership and responsibility for the Private BMPs to a homeowner’s association (“HOA”) that has or will be established for the Property, as described in a Common Interest Community (CIC) Declaration that has or will be recorded against the Property. NOW, THEREFORE, in consideration of the benefits received by the Owner as a result of the approval by the City, the Owner does hereby covenant and agree with the City as follows: 1. The Owner or the HOA will provide long-term maintenance and continuation of the Private BMPs identified in Exhibit B, to ensure that all Private BMPs are and remain in proper working condition in accordance with the original design specifications. The Owner or HOA must perform inspection and maintenance activities utilizing the checklists provided in Exhibit C (or similar, approved in advance by City staff), as well as the recommendations set forth in the Minnesota Stormwater Manual. 2. Following final acceptance of the construction by the City, the Owner or HOA must maintain a copy of this Agreement on site, together with a record of all inspections and maintenance actions required by this Agreement. The Owner or HOA must document the inspections, remedial actions taken to repair, modify or reconstruct the system, the state of the Private BMPs, and notify the City of any planned change in ownership or management of the system. 3. All Private BMPs must undergo, at a minimum, one (1) inspection annually for two (2) years after completion and final acceptance of the construction. After two (2) annual inspections are approved by the City in writing, all private BMPs must undergo, at a minimum, one (1) inspection every five (5) years to document maintenance and repair needs and ensure compliance with the requirements of this Agreement and all federal, state and local regulations. An inspection report for each inspection must be filed with the City through its website within ninety (90) days of the inspection. The inspection frequency may be increased as deemed necessary by the City to ensure proper functioning of the Private BMPs. 33 Marshall Gardens Development Agreement May 6, 2025 4. If the City’s NPDES permit is revised in a way that directs the City to manage stormwater treatment systems differently than specified in this Agreement, the direction of the NPDES permit will supersede and override the provisions of this Agreement. 5. The Owner hereby grants permission to the City, its authorized agents, contractors, and employees the right of ingress, egress and access to enter the Property at reasonable times and in a reasonable manner for the purpose of inspecting Private BMPs. The Owner hereby grants to the City the right to enter the Property to install and maintain equipment to monitor or test the performance of the Private BMPs for quality and quantity upon reasonable notice to the Owner or HOA. Whenever possible, the City will notify the Owner or HOA prior to entering the Property and will use its best efforts not to disturb the Owner’s use and enjoyment of the Property while conducting such inspections. 6. In the event the City determines that the Private BMPs are not being maintained in good working order, the City will give written notice to the Owner or HOA to repair, replace, reconstruct or maintain the Private BMPs within a reasonable time, not to exceed 30 days. If the Owner or HOA fails to comply with the City’s notice within the time specified, Owner or HOA authorizes the City or its agents to enter the Property to repair, reconstruct, replace or perform maintenance on the Private BMPs at the Owner’s or HOA’s expense. It is expressly understood and agreed that the City is under no obligation to maintain or repair any Private BMPs, and in no event will this Agreement be construed to impose any such obligation on the City. 7. In the event the City, pursuant to this Agreement, performs work of any nature on Private BMPs on the Property, or expends any funds in the performance of said work for labor, use equipment, supplies, materials, and the like, the Owner or HOA will reimburse the City upon demand, within thirty (30) days of receipt of written request for reimbursement for all costs incurred by the City. If the City has not received payment from the Owner or HOA by the end of the thirty (30) day period, the City may use any other remedies available by law to collect the amount due from the Owner or HOA, and may also recover and collect from Owner or HOA the reasonable expenses of collection, including court costs, and attorney fees. 8. It is the intent of this Agreement to assure the City of proper maintenance of Private BMPs on the Property by the Owner or HOA; provided, however, that this Agreement will not be deemed to create or affect any additional liability of any party for damage alleged to result from or be caused by the Private BMPs or stormwater management practices on the Property. 9. The Owner and the Owner’s heirs, executors, administrators, assigns, and any other successors in interest, or HOA will indemnify and hold the City and its agents and 34 Marshall Gardens Development Agreement May 6, 2025 employees harmless for, and defend against at its own expense, any and all damages, accidents, casualties, occurrence, claims, and expenses, including reasonable attorney’s fees, which might arise or be asserted, in whole or in part, against the City from the construction, presence, existence, or maintenance of the Private BMPs subject to this Agreement. In the event a claim is asserted against the City, its officers, agents or employees, the City will notify the Owner or HOA, who must defend at Owner’s or HOA’s expense any suit or other claim against the City with counsel acceptable to the City. 10. No waiver of any provision of this Agreement will affect the right of any party to enforce such provision or to exercise any right or remedy available to it in the event of another party’s default. 11. The Owner must record this Agreement with the Hennepin County Recorder and/or Registrar of Titles’ Office, as appropriate. This Agreement constitutes a covenant running with the land and will be binding upon the Owner and the Owner’s heirs, administrators, executors, assigns, and any other successors in interest to the Property, and the HOA. 12. The Owner or HOA must have the Private BMPs inspected in accordance with Section 11.55 of City Code and certify to the City that the constructed facilities conform to the approved stormwater management plan for the Property. If the constructed condition of the Private BMP or its performance varies significantly from the approved plan, appropriately revised calculations must be provided to the City and the plan must be amended accordingly. 13. The Owner agrees that for any Private BMPs to be maintained by the HOA, deed restrictions and covenants for property included in the HOA will: (a) include mandatory membership in the HOA responsible for providing maintenance of the Private BMPs; (b) require the HOA to maintain the private BMPs; (c) prohibit termination of this maintenance responsibility by unilateral action of the HOA; and (d) provide for unpaid dues or assessments to constitute a lien upon the property of individual owners within the HOA upon recording a notice of non-payment. 14. This Agreement must be re-approved and re-executed by the City if all or a portion of the Property is subdivided or assembled with other property or if Private BMPs or their drainage areas are modified, causing decreased effectiveness. New, repaired, or improved Private BMPs must be implemented to provide equivalent or better treatment when compared with the original structural stormwater BMPs. 15. The Owner or HOA must sweep all private streets, driveways, sidewalks, trails and parking areas within the Property as delineated in Exhibit B at least once each year, either in the spring following snowmelt or in the fall after leaf fall. 16. The Owner or HOA must submit inspection and maintenance records for each Private BMP 35 Marshall Gardens Development Agreement May 6, 2025 to the City's Water Resources Coordinator through the City’s website at the frequency required in this Agreement. The Owner or HOA may use the inspection and maintenance checklists found in Exhibit C, or similar documentation as approved by the City. 17. The City may seek any remedy in law or equity against the Owner or HOA for a violation of this Agreement. 18. In the event that this Agreement is inconsistent with Eden Prairie City Code regarding the inspection and maintenance of Private BMPs, the provisions which provide greater protection for water resources, as determined by the City in its discretion, will prevail. 19. The recitals set forth above are expressly incorporated herein. (signatures on following pages) 36 Marshall Gardens Development Agreement May 6, 2025 IN WITNESS WHEREOF, Owner and the City have entered this Agreement as of the date written above. OWNER NOT TO BE SIGNED By: ______________________________ Its: ______________________________ STATE OF MINNESOTA ) ) ss. COUNTY OF ___________ ) The foregoing instrument was acknowledged before me this ____ day of ____________, 20__, by _______________________________________, the , of ________________, a _______________________, on behalf of the company. Notary Public 37 Marshall Gardens Development Agreement May 6, 2025 CITY OF EDEN PRAIRIE By NOT TO BE SIGNED Ronald A. Case Its Mayor By NOT TO BE SIGNED Rick Getschow Its City Manager STATE OF MINNESOTA ) ) ss. COUNTY OF HENNEPIN ) The foregoing instrument was acknowledged before me this ____ day of ________________, 20__, by Ronald A. Case and Rick Getschow, respectively the Mayor and the City Manager of the City of Eden Prairie, a Minnesota municipal corporation, on behalf of said corporation. _______________________ Notary Public THIS INSTRUMENT WAS DRAFTED BY: City of Eden Prairie 8080 Mitchell Road Eden Prairie, MN 55344 38 Marshall Gardens Development Agreement May 6, 2025 EXHIBIT A: Legal Description of Property EXHIBIT B: Map of Private BMPs on Property, including City water body identification number and areas requiring street sweeping EXHIBIT C: City of Eden Prairie Private Stormwater BMP Inspection Checklist and Maintenance Checklist 39 Marshall Gardens Development Agreement May 6, 2025 Private Stormwater BMP Inspection Checklist Date Inspection Finished: Inspector Name: Inspector Email: Site Name and Address: Description/Type of BMP: BMP Location: City ID for BMP: INSPECTION CHECKLIST Complete at least 1 inspection annually for 2 years after final acceptance of construction; at least 1 every 5 years thereafter. Complete a separate checklist for EACH private stormwater BMP. When complete, email to stormwater@edenprairie.org. Inspected? (date) Item Maintenance Required? Notes Take at least 2 photos of BMP before inspecting. Submit with this form to City. Yes No << Overall assessment of BMP. (If any maintenance is required, Yes. If not, No.) Does the BMP appear to function as designed? Yes No Is there erosion/damage on side slopes and/or around inlets and/or outlets that requires repair? Yes No Do any structures (e.g., flared- end sections, standpipes, drain tiles, concrete aprons) require repair? Yes No Do any pre-treatment areas (e.g., forebay, sump, filter strip, rock) have accumulated sediment, trash and/or debris? Yes No Is there anything in or around the BMP that looks or smells unusual (e.g., oil, paint, foamy)? Yes No If it appears to require immediate attention, call 911. Also, take photos if “Yes.” Is there accumulation of sediment, trash and/or debris in the main/deepest part of the BMP? Yes No Are paved surfaces draining to Yes No 40 Marshall Gardens Development Agreement May 6, 2025 basin free of sediment and debris? Is water standing in the BMP more than 48 hours when it should be infiltrating? Yes No N/A Does dead vegetation need to be removed? Any vegetation to be mowed/trimmed? Weeds to be sprayed or removed? Yes No Is replanting of vegetation or seeding necessary? Yes No Is wood mulch at least 3” deep (where required)? Yes No N/A Does anything you observed pose a hazard to the public? Yes No Have you received any neighbor complaints about this BMP since the last inspection? Yes No Additional Notes: 41 Marshall Gardens Development Agreement May 6, 2025 Private Stormwater BMP Maintenance Checklist Date Maintenance Finished: Operator Name: Operator Email: Description/Type of BMP: BMP Location: City ID for BMP: MAINTENANCE CHECKLIST Any items from “Inspection Checklist” that require follow-up must be completed and documented. Complete a separate checklist for EACH private stormwater BMP. When complete, email to stormwater@edenprairie.org. Maintenance Complete (date) Item Notes Repair erosion/damage on side slopes and/or around inlets and outlets. Repair any damaged/failing structures (e.g., flared-end sections, standpipes, drain tiles, concrete aprons). Clean any pre-treatment areas (e.g., forebay, sump, filter strip, rip rap). All flowing or standing water and adjacent areas looks and smells normal. Maintain basin. Remove any sediment, trash and/or debris. Paved surfaces draining to basin swept and kept free of sediment and debris. Loosen, aerate, or replace soils to ensure water infiltrates within 48 hours. Remove any dead vegetation, trim live vegetation if needed, and remove weeds. Add wood mulch to keep 3” depth or replace mulch, as applicable. 42 Marshall Gardens Development Agreement May 6, 2025 Replace dead plants/vegetation. Manage native vegetation through mowing, spot spraying weeds and/or prescribed burning. Water as needed. BMP functions as designed. Any hazards to the public resolved. Take at least 2 photos of BMP after maintenance. Submit with this form to City. Additional Notes: City Council Agenda Cover Memo Date: May 6, 2025 Section: Consent Calendar Item Number: VII.C. Department: Public Works / Engineering – Adam Gadbois ITEM DESCRIPTION This proposal is for the plat located at 9905 Dell Road. The plat consists of 32.11 acres to be split into 15 single-family lots, one (1) lot for 100-unit multi-family townhomes, and five (5) outlots. REQUESTED ACTION Move to: Adopt the resolution approving the final plat of Marshall Gardens. SUMMARY The preliminary plat was conditionally approved by City Council on January 21, 2025. Second reading of the final site plan approval was approved by the City Council on May 6, 2025. Approval of the final plat is subject to the following conditions: • Prior to release of the final plat, Developer has signed the Development Agreement or has provided assurances to the satisfaction of the City Attorney that the Development Agreement will be signed by Developer and recorded with Hennepin County contemporaneous with recording of the final plat. • Prior to release of the final plat, Developer must tender warranty deeds to the City for proposed Outlots B, C, and D for review and approval. • Receipt of engineering fee in the amount of $12,650.00 • Receipt of streetlight fee in the amount of $4,345.20 • Receipt of street sign fee of $570.00 • Provide areas (to the nearest square foot) of all lots. • Prior to release of the final plat, Developer must furnish to the City Engineer and receive written approval of financial security equal to 125% of the cost of the Public Improvements. • Prior to release of the final plat, a fee of five percent (5%) of construction value must also be paid to the City by Developer for engineering land development services. • Prior to release of the final plat, an assessment agreement with the City must be signed by the owner of the property for trunk sewer and water fees and the Dell Road Improvement Project assessment. ATTACHMENTS Resolution Final Plat Drawing CITY OF EDEN PRAIRIE HENNEPIN COUNTY, MINNESOTA RESOLUTION NO. 2025-__ A RESOLUTION APPROVING FINAL PLAT OF MARSHALL GARDENS WHEREAS, the plat of Marshall Gardens has been submitted in a manner required for platting land under the Eden Prairie Ordinance Code and under Chapter 462 of the Minnesota Statutes and all proceedings have been duly had thereunder, and WHEREAS, said plat is in all respects consistent with the City plan and the regulations and requirements of the laws of the State of Minnesota and ordinances of the City of Eden Prairie. NOW, THEREFORE, BE IT RESOLVED by the Eden Prairie City Council: A. Plat approval request for Marshall Gardens is approved upon compliance with the recommendation of the Final Plat Report on this plat dated May 6, 2025. B. That the City Clerk is hereby directed to supply a certified copy of this resolution to the owners of the subdivision of the above-named plat. C. That the Mayor and City Manager are hereby authorized to execute the certificate of approval on behalf of the City Council upon compliance with the foregoing provisions. ADOPTED by the Eden Prairie City Council on May 6, 2025. _______________________________ Ronald A. Case, Mayor ATTEST: SEAL ______________________________ David Teigland, City Clerk Sheet 1 of 3 SheetsMARSHALL GARDENSC.R. DOC. NO.CITY COUNCIL, CITY OF EDEN PRAIRIE, MINNESOTAThis plat of MARSHALL GARDENS was approved and accepted by the City Council of the City of Eden Prairie, Minnesota at a regular meeting thereof held this day of , 20 and said plat is in compliance with the provisions of Minnesota Statutes, Section 505.03, Subdivision 2.CITY COUNCIL, CITY OF EDEN PRAIRIE, MINNESOTABy By Mayor ClerkCOUNTY AUDITOR, Hennepin County, MinnesotaI hereby certify that taxes payable in 20 and prior years have been paid for land described on this plat, dated this day of , 20 .Daniel Rogan, County Auditor By DeputySURVEY DIVISION, Hennepin County, MinnesotaPursuant to MN. STAT. Sec. 383B.565 (1969) this plat has been approved this day of , 20.Chris F. Mavis, County SurveyorBy COUNTY RECORDER, Hennepin County, MinnesotaI hereby certify that the within plat of MARSHALL GARDENS was recorded in this office this day of , 20 ,at o'clock .M.Amber Bougie, County RecorderBy DeputyKNOW ALL PERSONS BY THESE PRESENTS: That Lake West Development, LLC, a Minnesota limited liability company, owner of the following described property:The Northeast Quarter of the Southeast Quarter (NE1/4 of SE 1/4) of Section Thirty (30), Township One Hundred Sixteen (116) North, Range Twenty Two (22), West of the 5thPrincipal Meridian, excepting that part thereof described as follows: Commencing at the Southeast Corner of said Northeast Quarter of the Southeast Quarter (NE 1/4 of SE 1/4) ofsaid Section Thirty (30), and running thence west for a distance of two (2) rods; thence in a northeasterly direction to a point on said Section Line which is two (2) rods north of thepoint of beginning; thence running south to the point of beginning, Hennepin County, Minnesota. Also excepting that portion of the Northeast Quarter of the Southeast Quarter (NE1/4 of the SE 1/4) of Section Thirty (30), Township One Hundred Sixteen Range Twenty-two (22), lying south and west of Dell Road as the same is now laid out, Hennepin County,Minnesota.Has caused the same to be surveyed and platted as MARSHALL GARDENS and does hereby dedicate to the public for public use the public ways and the drainage and utility easements ascreated by this plat.In witness whereof said Lake West Development, LLC, a Minnesota limited liability company, has caused these presents to be signed by its proper officer this day of 20 .Signed: LAKE WEST DEVELOPMENT, LLCBy Its STATE OF MINNESOTACOUNTY OF This instrument was acknowledged before me this day of , 20 , by , its of Lake West Development, LLC, a Minnesota limited liability company, on behalf of the company. (Signature)(Name Printed)Notary Public, County, MinnesotaMy Commission Expires I Mathew J. Welinski do hereby certify that this plat was prepared by me or under my direct supervision; that I am a duly Licensed Land Surveyor in the State of Minnesota; that this plat is acorrect representation of the boundary survey; that all mathematical data and labels are correctly designated on this plat; that all monuments depicted on this plat have been, or will becorrectly set within one year; that all water boundaries and wet lands, as defined in Minnesota Statutes, Section 505.01, Subd. 3, as of the date of this certificate are shown and labeled onthis plat; and all public ways are shown and labeled on this plat.Dated this day of , 20.Mathew J. Welinski, Land SurveyorMinnesota License No. 53596STATE OF MINNESOTACOUNTY OF This instrument was acknowledged before me on this day of , 20 , by Mathew J. Welinski. (Signature)(Name Printed)Notary Public, County, MinnesotaMy Commission Expires 14151OUTLOT AOUTLOT D2OUTLOT BOUTLOT C1OUTLOT E123456789101112131North line of the NE 1/4of the SE 1/4 of Sec. 30South line of the NE 1/4of the SE 1/4 of Sec. 30East line of the NE 1/4 ofthe SE 1/4 of Sec. 30 West line of the NE 1/4of the SE 1/4 of Sec. 30 60 5033 NE Corner of the SE 1/4 of Section 30, Twp. 116, Rge. 22Found Hennepin County Cast Iron MonumentSE Corner of the NE 1/4of the SE 1/4 of Section30, Twp. 116, Rge. 22Found 1/2 Inch Iron Pipe33.00(2 rods)33.00(2 rods)EXCEPTIONcenterline of Dell Road per the Plat ofDell Road as Document No. 3767121E X C E P T I O N5050 50 S00°34'07"E 347.53∆=02°21'20"R=2291.83L=94.22S02°55'27"E 166.19∆=15°31'10"R=293.82L=79.59S18°26'37"E 197.07∆=63°54'27"R=203.42L=226.89S82°21'04"E 217.58∆=05°50'43"R=982.21L=100.20S76°30'21"E 338.02∆=33°34'05"R=182.86L=107.13S42°56'16"E113.51∆=26°10'45"L=45.79 R=100.22CB=N29°50'53"WCL=45.3933S88°54'57"E 199.01N4 5 ° 2 2 ' 4 2 " E 46. 0 9 S00°19'39"E 1224.24 S87°26'13"E 1317.76Found 1/2 InchIron PipeFound 1 Inch DiscFound 1/2 InchIron Pipecenterline of Dell Road per the Plat ofDell Road as Document No. 37671211284.7133.05983.79 240.45 S00°34'07"E 218.39N17°19'34"W 173.61S84°09'22"W 306.93S49°36'53"E 183.40S00°34'07"E50.00S00°34'07"E77.33∆=02°21'20"R=2258.83L=92.87S02°55'27"E 168.05N17°47'14"W34.97∆=78°31'04"R=217.00L=297.38CL=168.32CB=N81°12'18"W∆=29°16'40"R=333.00L=170.16CL=25.36CB=N51°47'50"W∆=04°21'55"R=333.00L=25.37CL=213.28CB=N27°28'39"W∆=44°16'27"R=283.00L=218.6840.93158.08N60°46'34"W73.00S29°1 3 ' 2 6 " W 19.09 N29° 1 3 ' 2 6 " E 19.73∆=59°27'11"L=225.17∆=19°03'53"L=72.21N82°33'47"E 217.14N55°19'39"E 142.69 N77°33 '47 "E 472 .88 N27°3 3 ' 4 7 " E 1 3 3 . 2 6 N50°17'42"E64.83 S87°26'13"E109.76N34 ° 3 8 ' 4 6 " E 72.4 5 N6 1 ° 2 6 ' 0 8 " E 6 1 . 3 8 N25°5 7 ' 2 6 " E 54.61N06°00'47"W50.80N 5 9 ° 3 2 ' 4 2 " E 3 9 . 3 4 S7 7 ° 1 8 ' 2 6 " E 12 . 1 7 DELL ROAD DELL ROADCRESTWOOD TERRACE S00°22'34"E2532.45 N89°08'10"E2648.64080160240Sheet 2 of 3 SheetsMARSHALL GARDENSNE Corner of Section 30,Twp. 116, Rge. 22Found Hennepin CountyCast Iron MonumentN 1/4 Corner of Section 30,Twp. 116, Rge. 22Found Hennepin CountyCast Iron MonumentC.R. DOC. NO.SCALE IN FEETDENOTES SET 1/2 INCH BY 14 INCH REBARWITH CAP INSCRIBED LICENSE NUMBER 53596DENOTES FOUND MONUMENT, AS NOTED ON PLATDENOTES FOUND HENNEPIN COUNTY CASTIRON MONUMENTTHE NORTH LINE OF THE NORTHEAST QUARTER OFTHE SOUTHEASTERLY OF SECTION 30, TOWNSHIP 116,RANGE 22, IS ASSUMED TO BEAR S 87°26'13" EINSET A(SEE SHEET 3 OF 3 SHEETS) 14151OUTLOT A2OUTLOT BOUTLOT C1OUTLOT E123456789101112131S87°26'13"E 1284.71S00°19'39"E 240.45 N00°34'07"W50.00 N89°26'09"E57.95N28°31'55"W44.35S79°26'28"W60.42S73°43 '50 "W75.81S85°09'06"W75.81S79°26'28"W60.42N87°26'13"W 148.50S29°2 6 ' 2 8 " W 13.17 ∆=62°01'56"R=150.00L=162.40∆=72°01'38"R=125.00L=157.14∆=5°42'38"R=500.00L=49.83∆=11°25'16"R=500.00L=99.67∆=5°42'38"R=500.00L=49.83∆ = 5 0 ° 0 0 ' 0 0 " R = 1 2 5 . 0 0 L = 1 0 9 . 0 8 ∆ = 6 3 ° 0 7 ' 1 9 " R = 1 2 5 . 0 0 L = 1 3 7 . 7 1 ∆=9 3 ° 0 9 ' 3 8 " R= 7 5 . 0 0 L= 1 2 1 . 9 5 ∆=20°12'07"R=200.00L=70.52 25.00 25.00 26.0725.91∆=01°12'43"R=306.82 L=6 .49CL=6.49CB=N18°59'55 "E2525252525 25 2525∆=16°49'48"L=51.40∆=18°32'13"L=56.6244.35∆=72°01'38"L=125.7140.2920.13∆=4°52'22"L=40.40∆=0°5 0 ' 1 6 " L=6.9 5 53.6922.12∆=4°11 '47 "L=38.45∆=6°37'12"L=60.66 ∆=0°3 6 ' 1 8 " L=5.5 4 55.4920.32∆=4°53'20"L=40.53 ∆=0°4 9 ' 1 8 " L=6.8 1 60.42∆=20°50'54"L=36.39∆=2 9 ° 0 9 ' 0 7 " L=5 0 . 8 8 13.17 ∆=11°13'52"L=29.40∆ = 2 5 ° 0 9 ' 0 9 " L= 6 5 . 8 5 ∆=16°44 '34 "L=43.83 ∆=9°59 ' 4 5 " L=26. 1 7 47.9084.8515.75∆ =9 3 ° 0 9 ' 3 8 " L= 8 1 . 3 0 ∆=19°54'32" L=78.18 159.5284.8584.8529.1644. 3 8 65. 0 0 58. 4 246.9260.5060.5060.5060.5060.5057.95∆=26°39'56"L=81.45204.14670.20S26°06'05"W 150.00S42°55'53"W 150.00N12°26'13"W 168.30N12°26'13"W 154.61N12°26'13"W 150.61N12°26'13"W 147.96N12°26'13"W 151.85N12°26'13"W 159.88N12°26'13"W 166.20S31°24'26"E 172.43N42°26'13"W 162.15N42°26'13"W 119.71N42°26'13"W 119.71N42°26'13"W 119.71S57°49'38"W 154.44 N42°26'13"W 155.68N77°33'47"E 349 .42 N4 7 ° 3 3 ' 4 7 " E 1 6 7 . 8 0S55°29'01"E 95.12S41°10'55"E 95.84N89°26'35"W62.09N00°33'24"W 91.82S00°34'07"E 218.39 S10°20'55"E48.86S02°33'47"W45.35S02°33'47"W45.35S00°34'07"E 77.33∆=2°21'20"R=2258.83L=92.87S02°55'27"E 168.05N17°19'34"W 173.61N17°47'14"W34.97∆=19°03'53"CB=S26°51'30"ECL=71.87R=217.00L=72.21N82°33'47"E 217.14N55°19'39"E 142.69 N77°33'47"E 472 .88 N27° 3 3 ' 4 7 " E 1 3 3 . 2 6 S87°26'13"E 109.76N 6 1 ° 2 6 ' 0 8 " E 6 1 . 3 8 N25°5 7 ' 2 6 " E 54.61 N34 ° 3 8 ' 4 6 " E 72.4 5 N 5 9 ° 3 2 ' 4 2 " E 3 9 . 3 4 N 5 0 ° 1 7 ' 4 2 " E 64. 8 3N06°00'47"W50.80S77°18'26"E12.1742.55125.5057.95∆=62°01'56"L=135.3344.35∆=10°57'06"L=28.67N89°26'09"E 128.54N00°33'24"W 118.72N41°20'11"E44.34 N69°28'29"E42.20 240.45∆=61°04'32"L=159.9060.42∆=5°42'38"L=52.3375.81∆=11°25'16"L=94.6975.81∆=5°42'38"L=52.3360.42 ∆ = 5 0 ° 0 0 ' 0 0 " L = 1 3 0 . 9 0 13.17 ∆ = 6 3 ° 0 7 ' 1 9 " L = 1 1 0 . 1 7 148.50∆=9 3 ° 0 9 ' 3 8 " L= 1 6 2 . 6 0 ∆=20°12'07" L=61.70 ∆=2°25'57"L=14.09 1020101010101010101010 101010101012 10 1010 10 10 10 Drainage & Utility Easementover all of OUTLOT BDrainage & Utility Easementover all of OUTLOT C1010 N34°44'09"W76.31S51°44'50"W134.03 S03°23'07"E47.88101010104.06Drainage &Utility EasementDrainage &Utility EasementDrainage& UtilityEasementDrainage &UtilityEasementDrainage & Utility Easement55555Drainage & Utility EasementDrainage & Utility EasementCRESTWOOD TERRACECRESTWOOD TERRACE20 12 12 12 12 Drainage& UtilityEasement25.9731.75Drainage & Utility Easement12 120 50100150Sheet 3 of 3 SheetsMARSHALL GARDENSDENOTES SET 1/2 INCH BY 14 INCH REBARWITH CAP INSCRIBED LICENSE NUMBER 53596DENOTES FOUND HENNEPIN COUNTY CASTIRON MONUMENTTHE NORTH LINE OF THE NORTHEAST QUARTER OFTHE SOUTHEASTERLY OF SECTION 30, TOWNSHIP 116,RANGE 22, IS ASSUMED TO BEAR S 87°26'13" ESCALE IN FEETC.R. DOC. NO.BEING 5 FEET IN WIDTH, UNLESS OTHERWISE INDICATED,AND ADJOINING LOT LINES, AND BEING 10 FEET IN WIDTH ANDADJOINING PUBLIC WAYS UNLESS OTHERWISE INDICATED ON THIS PLATDRAINAGE AND UTILITY EASEMENTS ARE SHOWN THUS:(NOT TO SCALE)10 10 55INSET A(FROM SHEET 2 OF 3 SHEETS) City Council Agenda Cover Memo Date: May 6, 2025 Section: Consent Calendar Item Number: VII.D. Department: Public Works/Engineering – Adam Gadbois ITEM DESCRIPTION Adopt the resolution approving a Limited Use Permit for a municipal entry monument sign on I- 494, south of County Road 62. REQUESTED ACTION Move to: Adopt the resolution approving a Limited Use Permit for a municipal entry monument sign on I-494, south of County Road 62. SUMMARY The City must enter into a Limited Use Permit (LUP) for construction, operation, and maintenance of municipal entry monument signs in Minnesota State Right-of-Way (ROW). Adopting this resolution is the first step in developing this LUP document. This LUP resolution is for the proposed sign located in the highway ROW on the west side of I-494 and south of County Road 62. With passage of this resolution, the Mayor and City Manager will be authorized to sign the final LUP on behalf of the City after its preparation by MnDOT staff. ATTACHMENTS Resolution Sign Location & Concept Rendering Draft LUP CITY OF EDEN PRAIRIE HENNEPIN COUNTY, MINNESOTA RESOLUTION NO. 2025-__ RESOLUTION AUTHORIZING LIMITED-USE PERMIT FOR MUNICIPAL ENTRY MONUMENT SIGNS IN THE RIGHT-OF-WAY OF I-494 SOUTH OF COUNTY ROAD 62 WHEREAS, the City Council of the City of Eden Prairie is the official governing body of the City of Eden Prairie; and WHEREAS, the City of Eden Prairie desires to construct a municipal entry monument sign in the right-of way on I-494 south of County Road 62; and WHEREAS, the State of Minnesota Department of Transportation requires a limited-use permit for the construction and utilization of said municipal entry monument signs. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Eden Prairie hereby approves a limited-use permit to construct, operate and maintain municipal entry monument signs within the right-of-way on I-494 south of County Road 62. The City of Eden Prairie shall construct, operate and maintain said signs in accordance with the Limited Use Permit granted by the Minnesota Department of Transportation. BE IT FURTHER RESOLVED that the Mayor and the City Manager are authorized to execute the Limited Use Permit and any amendments to the Permit. ADOPTED by the Eden Prairie City Council on May 6, 2025. Ronald A. Case, Mayor SEAL ATTEST: ________________________ David Teigland, City Clerk 62 62 60 DISCLAIMER: The City of Eden Prairie does not warranty the accuracy nor the correctnessof the information contained in this map. It is your responsibility to verify the accuracyof this information. In no event will The City of Eden Prairie be liable for any damages,including loss of business, lost profits, business interruption, loss of business informationor other pecuniary loss that might arise from the use of this map or the information itcontains. Map information is believed to be accurate but accuracy is not guaranteed.Any errors or omissions should be reported to The City of Eden Prairie. *Any aerial photography and parcel geometry was obtained from Hennepin County and allusers are bound by the express written contract between Hennepin County and the Cityof Eden Prairie. Scale:1:4,800 ² Parcels 0 400 ft Entry Monument Sign Location MapEntry Monument Sign Location Map PROPOSED SIGN LOCATION ELEVATION 003 SCALE IN FEET 0 2 4 6 DATE ISSUES / REVISIONSNO.DESIGNDRAWN CHECKED DAR ###USER: acarrell XREF(s): CERT-ENG - AKC.dwg 16-070.1_X-TBLK-494-62-SIGN.dwgDATE/TIME: Jul 30, 2024 - 10:59amFILE: P:\2016\16-070 - EP Monument Signs\CAD\DWG\PLANSHEETS\CIVIL\16-070.6 I494_&_TH62\16-070.6_CIV-SITE-PHOTO.dwg LAYOUT: FRONT ELEVATIONI hereby certify that this plan, specification or report wasprepared by me or under my direct supervision and that Iam a duly Licensed Professional Engineer under the lawsof the State of Minnesota. AARON K. CARRELL LIC. NO.DATE:47494 07-XX-24 ENTRY MONUMENT SIGN I-494 AND HWY-62 EDEN PRAIRIE, MN HANSEN THORP PELLINEN OLSON, Inc.7510 Market Place Drive Eden Prairie, MN 55344952-829-0700 952-829-7806 fax Engineering SurveyingLandscape Architecture PROJECT NO. 16-070.6 OWNER: CITY OF EDEN PRAIRIE CITY PROJ: XXXX SHEET OF 025 HORIZONTAL 07-XX-24 AKC BID DOCUMENTS DRAFTLUP – Municipal Identification Entrance Sign Form Page 1 of 7 LU1000 4/24/2025 STATE OF MINNESOTA DEPARTMENT OF TRANSPORTATION LIMITED USE PERMIT C.S. 2785 (T.H. 494)County of Hennepin LUP # 2785-0273 Permittee: City of Eden PrairieExpiration Date: 06/27/2034 In accordance with Minnesota Statutes Section 161.434, the State of Minnesota, through its Commissioner of Transportation, (“MnDOT”), hereby grants a Limited Use Permit (the “LUP”) to City of Eden Prairie (“Permittee”), to use the area within the right of way of Trunk Highway No. 494 as shown in red on Exhibit "A", (the “Area”) attached hereto and incorporated herein by reference. This Limited Use Permit is executed by the Permittee pursuant to resolution, a certified copy of which is attached hereto as Exhibit B. Municipal Identification Entrance Sign The Permittee's use of the Area is limited solely for the purpose of constructing and maintaining a Municipal Identification Entrance Sign ("Facility"), and the use thereof may be further limited by Minnesota Statutes Section 173.02 Subdivision 6(a) and Section 173.025. The Permittee shall not access the Area from the trunk highway roadway. All access to the Area for the purpose of constructing and maintaining the Facility shall be accomplished through an opening in the access control fence designated by MnDOT’s District Engineer. No advertising of any nature is permitted on the Facility except that the Permittee may incorporate a pictograph or a short promotional slogan which has historically been used in the identification of the Permittee. The Permittee shall construct the Municipal Identification Sign in accordance with the guidance provided in the Right Of Way Manual MUNICIPAL IDENTIFICATION SIGNS (Sections 514.1-514.3) Final execution of this LUP is subject to review and concurrence by the Federal Highway Administration (FHWA). Should such concurrence by FHWA be denied or rescinded, this LUP shall be subject to cancellation as set forth in Section 1, TERM. DRAFTLUP – Municipal Identification Entrance Sign Form Page 2 of 7 LU1000 4/24/2025 In addition, the following provisions shall apply: 1. TERM. This LUP terminates at 11:59PM on (“Expiration Date”) subject to the right of cancellation by MnDOT, with or without cause, by giving the Permittee ninety (90) days written notice of such cancellation. This LUP will not be renewed except as provided below. Provided this LUP has not expired or terminated, MnDOT may renew this LUP for a period of up to ten (10) years, provided Permittee delivers to MnDOT, not later than ninety (90) days prior to the Expiration Date, a written request to extend the term. Any extension of the LUP term will be under the same terms and conditions in this LUP, provided: (a) At the time of renewal, MnDOT will review the Facility and Area to ensure the Facility and Area are compatible with the safe and efficient operation of the highway and the Facility and Area are in good condition and repair. If, in MnDOT’s sole determination, modifications and repairs to the Facility and Area are needed, Permittee will perform such work as outlined in writing in an amendment of this LUP; and (b) Permittee will provide to MnDOT a certified copy of the resolution from the applicable governmental body authorizing the Permittee’s use of the Facility and Area for the additional term. If Permittee’s written request to extend the term is not timely given, the LUP will expire on the Expiration Date. Permittee hereby voluntarily releases and waives any and all claims and causes of action for damages, costs, expenses, losses, fees and compensation arising from or related to any cancellation or termination of this LUP by MnDOT. Permittee agrees that it will not make or assert any claims for damages, costs, expenses, losses, fees and compensation based upon the existence, cancellation or termination of the LUP. Permittee agrees not to sue or institute any legal action against MnDOT based upon any of the claims released in this paragraph. 2. REMOVAL. Upon the Expiration Date or earlier termination, at the Permittee’s sole cost and expense Permittee will: (a) Remove the Facility and restore the Area to a condition satisfactory to the MnDOT District Engineer; and (b) Surrender possession of the Area to MnDOT. If, without MnDOT’s written consent, Permittee continues to occupy the Area after the Expiration Date or earlier termination, Permittee will remain subject to all conditions, provisions, and obligations of this LUP, and further, Permittee will pay all costs and expenses, including attorney’s fees, in any action brought by MnDOT to remove the Facility and the Permittee from the Area. DRAFTLUP – Municipal Identification Entrance Sign Form Page 3 of 7 LU1000 4/24/2025 3. CONSTRUCTION. The construction, maintenance, and supervision of the Facility shall be at no cost or expense to MnDOT. The Facility shall be constructed according to the plans that are attached as Exhibit A. Approval in writing from MnDOT District Engineer shall be required for any changes from the approved plan. The Permittee shall construct the Facility only at the location shown in the attached Exhibit "A" subject to verification by MnDOT that the construction geometrics and procedures result in a Facility that is compatible with the safe and efficient operation of the highway. Upon completion of the construction of the Facility, the Permittee shall restore all disturbed slopes and ditches in such manner that drainage, erosion control and aesthetics are perpetuated. The Permittee shall preserve and protect all existing survey monuments and utilities located on the lands covered by this LUP at no expense to MnDOT and it shall be the responsibility of the Permittee to call the Gopher State One Call System at 1-800-252-1166 at least 48 hours prior to performing any excavation. 4. MAINTENANCE. The Permittee shall keep the Facility in good repair. Any and all maintenance of the Facility shall be provided by the Permittee at its sole cost and expense, including, but not limited to, plowing and removal of snow and installation and removal of regulatory signs. The Permittee, at its sole cost and expense, shall be responsible for slope failure cleanup, including cleanup of sloughed materials from the roadway and shoulder, caused by the Facility. The Permittee, at its sole cost and expense, shall be responsible for reestablishment of a failed slope caused by the Facility. No signs shall be placed on any MnDOT or other governmental agency sign post within the Area. MnDOT will not mark obstacles for users on trunk highway right of way. MnDOT may, without prior notice, remove any Facility that presents a safety risk, including in the event of slope failure, or which has not been properly maintained. 5. USE. Other than as identified and approved by MnDOT, no permanent structures or no advertising devices in any manner, form or size shall be allowed on the Area. No commercial activities shall be allowed to operate upon the Area. Any use permitted by this LUP shall remain subordinate to the right of MnDOT to use the property for highway and transportation purposes. This LUP does not grant any interest whatsoever in land, nor does it establish a permanent park, recreation area or wildlife or waterfowl refuge that would become subject to Section 4(f) of the Federal-Aid Highway Act of 1968. No rights to relocation benefits are established by this LUP. This LUP is non-exclusive and is granted subject to the rights of others, including, but not limited to public utilities which may occupy the Area. DRAFTLUP – Municipal Identification Entrance Sign Form Page 4 of 7 LU1000 4/24/2025 6. APPLICABLE LAWS. This LUP does not release the Permittee from any liability or obligation imposed by federal law, Minnesota Statutes, local ordinances, or other agency regulations relating thereto and any necessary permits relating thereto shall be applied for and obtained by the Permittee. Permittee at its sole cost and expense, agrees to comply with, and provide and maintain the Area, Facilities in compliance with all applicable laws, rules, ordinances and regulations issued by any federal, state or local political subdivision having jurisdiction and authority in connection with said Area including the Americans with Disabilities Act (“ADA”). If the Area and Facilities are not in compliance with the ADA or other applicable laws MnDOT may enter the Area and perform such obligation without liability to Permittee for any loss or damage to Permittee thereby incurred, and Permittee shall reimburse MnDOT for the cost thereof, plus 10% of such cost for overhead and supervision within 30 days of receipt of MnDOT’s invoice. 7. CIVIL RIGHTS. The Permittee for itself, successors in interest, and assigns, as a part of the consideration hereof, does hereby covenant and agree that in the event facilities are constructed, maintained, or otherwise operated on the property described in this permit for a purpose for which a MnDOT activity, facility, or program is extended or for another purpose involving the provision of similar services or benefits, the Permittee will maintain and operate such facilities and services in compliance with all requirements imposed by the Acts and Regulations relative to nondiscrimination in federally-assisted programs of the U.S. Department of Transportation, Federal Highway Administration (FHWA),(as may be amended) such that no person on the grounds of race, color, national origin, sex, age, disability, income-level, or limited English proficiency (LEP) will be excluded from participation in, denied the benefits of, or be otherwise subjected to discrimination in the use of said facilities. 8. SAFETY. MnDOT shall retain the right to limit and/or restrict any activity, including the time and manner of access to the Facility located on the trunk highway right of way, so as to maintain the safety of both the traveling public and Permittee. 9. ASSIGNMENT. No assignment of this LUP is allowed. 10. IN WRITING. Except for those which are set forth in this LUP, no representations, warranties, or agreements have been made by MnDOT or Permittee to one another with respect to this LUP. 11. ENVIRONMENTAL. The Permittee shall not dispose of any materials regulated by any governmental or regulatory agency onto the ground, or into any body of water, or into any container on the State’s right of way. In the event of spillage of regulated materials, the Permittee shall notify in writing MnDOT’s District Engineer and shall provide for cleanup of the spilled material and of materials contaminated by the spillage in accordance with all applicable federal, state and local laws and regulations, at the sole expense of the Permittee. DRAFTLUP – Municipal Identification Entrance Sign Form Page 5 of 7 LU1000 4/24/2025 12. MECHANIC’S LIENS. The Permittee (for itself, its contractors, subcontractors, its materialmen, and all other persons acting for, through or under it or any of them), covenants that no laborers', mechanics', or materialmens' liens or other liens or claims of any kind whatsoever shall be filed or maintained by it or by any subcontractor, materialmen or other person or persons acting for, through or under it or any of them against the work and/or against said lands, for or on account of any work done or materials furnished by it or any of them under any agreement or any amendment or supplement thereto. 13. NOTICES. All notices which may be given, by either party to the other, will be deemed to have been fully given when served personally on MnDOT or Permittee or when made in writing addressed as follows: to Permittee at: and to MnDOT at: Mayor State of Minnesota Eden Prairie City Hall Department of Transportation 8080 Mitchell Rd Metro District Right of Way Eden Prairie, MN 55344-2203 1500 W. County Road B2 Roseville, MN 55113 The address to which notices are mailed may be changed by written notice given by either party to the other. 14. INDEMNIFICATION AND RELEASE. Permittee shall indemnify, defend to the extent authorized by the Minnesota Attorney General’s Office, hold harmless and release the State of Minnesota, its Commissioner of Transportation, employees, the FHWA, and any successors and assigns of the foregoing, from and against all claims, demands, and causes of action for injury to or death of persons or loss of or damage to property (including Permittee’s property) occurring on the Area and Facility or arising out of or associated with Permittee’s use and occupancy of the Area and Facility, regardless of whether such injury, death, loss, or damage (i) is caused in part by the negligence (but not the gross negligence or willful misconduct) of MnDOT or (ii) is deemed to be the responsibility of MnDOT because of its failure to supervise, inspect, or control the operations of Permittee or otherwise discover or prevent actions or operations of Permittee giving rise to liability to any person. Nothing in this LUP shall obligate Permittee to indemnify or save MnDOT harmless from (a) any gross negligence or willful misconduct of MnDOT or its employees, contractors, agents, or anyone for whom MnDOT is legally responsible, or (b) any claims, demands or causes of action not arising out of or associated with Permittee’s occupancy or use of the Area and Facility. Permittee hereby releases the State of Minnesota, its Commissioner of Transportation, employees, the FHWA, and any successors and assigns of the foregoing, from and against all claims, demands, suits, losses, costs, expenses, and causes of action for loss of or damages to the Area and Facility or to Permittee’s property on or about the Area and Facility, except when such loss or damage is caused solely by the negligence of MnDOT or its employees, DRAFTLUP – Municipal Identification Entrance Sign Form Page 6 of 7 LU1000 4/24/2025 contractors, agents, or anyone for whom MnDOT is legally responsible. MnDOT’s liability is subject to the Minnesota Tort Claims Act, Minn. Stat. §3.736 and other applicable law. DRAFTLUP – Municipal Identification Entrance Sign Form Page 7 of 7 LU1000 4/24/2025 MINNESOTA DEPARTMENT OF TRANSPORTATION RECOMMENDED FOR APPROVAL CITY OF EDEN PRAIRIE By_________________________________ Its Mayor And________________________________ Its City Manager By:______________________________ District Engineer Date____________________________ APPROVED BY: COMMISSIONER OF TRANSPORTATION By:______________________________ Director, Office of Land Management Date____________________________ The Commissioner of Transportation by the execution of this permit certifies that this permit is necessary in the public interest and that the use intended is for public purposes. DRAFTNOT TO SCALE PREPARED FOR: CITY OF EDEN PRAIRIE, MN SHEET INDEX CIVIL ENGINEER (HTPO)AARON CARRELL - (952) 829-0700 CITY OF EDEN PRAIRIE ADAM GADBOIS - (952) 949-8314 GEOTECH. ENGINEER (BRAUN INTERTEC) AMY GROTHAUS - (651) 261-7122 CONTACT LIST 1 COVER SHEET 2 CONSTRUCTION PLAN 3 CROSS SECTIONS 4 CROSS SECTIONS 5 DETAILS ENTRY MONUMENT SIGN ACCESS ROUTE AT INTERSTATE 494 AND HIGHWAY 62 LOCATION MAP PROJECT LOCATION DATE ISSUES / REVISIONS 03-27-24 BID DOCUMENTS NO. 1 SHEET OF 5 1 I hereby certify that this plan, specification or report was prepared by me or under my direct supervision and that I am a duly Licensed Professional Engineer under the laws of the State of Minnesota. AARON K. CARRELL LIC. NO.DATE:47494 03-15-24 PROJECT NO.16-070.6 USER: acarrell XREF(s): CERT-ENG - AKC.dwgDATE/TIME: Mar 27, 2024 - 4:58pmFILE: P:\2016\16-070 - EP Monument Signs\CAD\DWG\PLANSHEETS\CIVIL\16-070.1 I494_&_TH62\16-070.1_GEN-CVR.dwg LAYOUT: 22X34HANSEN THORP PELLINEN OLSON,Inc. 7510 Market Place Drive Eden Prairie, MN 55344952-829-0700 952-829-7806 fax Engineering SurveyingLandscape Architecture CALL BEFORE YOU DIG ! MINNESOTA LAW REQUIRES EXCAVATORS TO NOTIFY THE REGIONAL NOTIFICATION CENTER AT LEAST TWO (2) BUSINESS DAYS BUT NOT MORE THAN FOURTEEN (14) CALENDAR DAYS PRIOR TO EXCAVATIONGOPHER STATEONE CALL www.gopherstateonecall.org1-800-252-1166 Minnesota GENERAL NOTES 1. ALL WORK SHALL BE IN ACCORDANCE WITH THE CITY OF EDEN PRAIRIE STANDARD SPECIFICATIONS. 2. THE EXISTING CONDITIONS WERE NOT SURVEYED. TOPOGRAPHIC DATA WAS EXTRACTED FROM MNTOPO, A WEB APPLICATION THAT COLLECTS HIGH RESOLUTION ELEVATION DATA POINTS USING LIDAR TECHNOLOGY. CONTRACTOR TO FIELD VERIFY SITE CONDITIONS PRIOR TO CONSTRUCTION. 3. CONTRACTOR SHALL DETERMINE LOCATION OF EXISTING PUBLIC AND PRIVATE UTILITIES PRIOR TO CONSTRUCTION AND SHALL BE RESPONSIBLE FOR PRESERVING THESE. ANY REPAIRS NECESSARY DUE TO CONTRACTORS OPERATIONS SHALL BE MADE AT CONTRACTORS EXPENSE. BEFORE DIGGING CALL: GOPHER STATE ONE CALL (651) 454-0002. 4. THE SUBSURFACE UTILITY INFORMATION IN THIS PLAN IS UTILITY QUALITY LEVEL "D". THIS UTILITY QUALITY LEVEL WAS DETERMINED ACCORDING TO THE GUIDELINES OF CI/ASCE 38-22, ENTITLED "STANDARD GUIDELINE FOR INVESTIGATING AND DOCUMENTING EXISTING UTILITIES." 5. EROSION CONTROL SHALL BE INSTALLED PRIOR TO COMMENCING CONSTRUCTION AND MAINTAINED THROUGHOUT CONSTRUCTION. 6. RESTORE ALL DISTURBED AREAS, INCLUDING PAVEMENT, TO EXISTING CONDITIONS OR BETTER, INCIDENTAL TO THE CONTRACT. 7. TREE REMOVAL SHALL BE FIELD VERIFIED AND APPROVED BY THE ENGINEER PRIOR TO REMOVAL. 8. RESTORE ALL GREENSPACE WITH SEED AND CATEGORY 35 EROSION CONTROL BLANKET UNLESS NOTED OTHERWISE. TREE OVERHEAD UTILITY CHAIN LINK FENCE PROPERTY BOUNDARY CONTOUR RETAINING WALL EXISTING LEGEND DRAFT1 +0 0 2+00 3 +0 0 4+00 5+00 5+22 10101000 990 980 10009909 8 0 980990990980970100099010009749701000990 99699298498210041008100610029989949861006 982984986988992994996998996 994992988986984982978976974972968966964962992 994 9 9 6 9981002100410061008988PARKING LOT ENTRANCE RAMPWATER TOWER I-494 6B6233 BAKER RD LIFE TIME FITNESS 1 +0 0 2+00 3 +0 0 4+00 5+00 5+22 PROPERTY LINE, (TYP.) PROPOSED 10' GRAVEL ACCESS ROAD, INSTALL AGGREGATE SURFACING CLASS 6 (MODIFIED) PER TYPICAL SECTION EXISTING BITUMINOUS WATER TOWER SERVICE ROAD EXISTING 5' CHAINLINK FENCE, (TYP.) EXISTING RETAINING WALL, (TYP.) DRAINAGE SWALE ALONG UPPER SIDE 45LF - 18" RCP CL V CULVERT @ 3.5%, MATCH EXISTING GRADE AT EACH END FES #2 INV = (978.4) CONFORM EXISTING ROCK SWALE TO FES SALVAGE AND REINSTALL ±35' OF CHAINLINK FENCE AS NEEDED TO MATCH PROPOSED GRADE, INSTALL 12' WIDE x 5' TALL CHAINLINK VEHICULAR DOUBLE GATE CENTERED ON ACCESS ROAD MATCH EXISTING EDGE OF BITUMINOUS RESTORE ALL DISTURBED GREENSPACE WITH SEED AND CATEGORY 35 EROSION CONTROL BLANKET CLEAR AND GRUB TREES IN GRADED AREAS (INCLUDES ±13 TREES ≥ 8") FUTURE MONUMENT SIGN FOUNDATION LOCATION (NOT IN CONTRACT) 1 +0 0 2+00 3 +0 0 4+00 5+00 5+22 E E E E E E E E E E10'1 +0 0 2+00 3 +0 0 4+00 5+00 5+22 1006 1004 1002 10001006 1008 982 980 998996994992990988986982 984 984 1004 1010 1002 992.00 992.50 994.00 996(1002.11) (1003.32) 994 9 8 6 9 8 8 990 99 2 R194'R10'R5'R5'R75'40'10' X X DISTANCE TO NEAREST XCEL TRANSMISSION TOWER TO SOUTH = 335' DISTANCE TO NEAREST XCEL TRANSMISSION TOWER TO NORTH = 400' PID: 0311622120443 FUTURE ELECTRICAL CONDUIT TO MONUMENT SIGN (NOT IN CONTRACT)FES #1 INV = (980.0) CONFORM EXISTING ROCK SWALE TO FES XX X X X X X X X X X 980 990 1000 1010 980 990 1000 1010 1+00996.51+20998.51+401000.71+601002.71+801006.61003.232+001009.71002.432+201008.0999.932+401002.4996.932+60994.4993.932+80984.5990.933+00981.1987.933+20980.2985.483+40980.6985.183+60984.6987.033+80989.1989.434+00992.84+20990.54+40980.34+60970.74+80962.55+00964.25+20964.62:1 S LOPE (EX IST ING ) ± 10.2% (EXIST I N G ) PVI STA:1+95.00 PVI ELEV:1003.68 K:2.26 LVC:40.00BVCS: 1+75.00BVCE: 1003.15EVCS: 2+15.00EVCE: 1000.68PVI STA:3+30.00 PVI ELEV:983.43 K:1.78 LVC:48.00 BVCS: 3+06.00BVCE: 987.03EVCS: 3+54.00EVCE: 986.31STA = 1+62.00 ELEV = 1002.80 STA = 3+82.00ELEV = 989.6712.00% -15 . 0 0 % 2.67% EXISTING GROUND PROPOSED GRAVEL ACCESS ROAD CENTERLINE 18" RCP CULVERT ±16%(EXISTI N G) MATCH EXISTING EDGE OF BITUMINOUS DATE ISSUES / REVISIONSNO.DESIGNDRAWN CHECKED TRM AMP VERTICAL USER: acarrell XREF(s): 16-070.6_X-CIV-GRAD.dwg 16-070.6_X-SUR-AER.dwg 16-070.6_X-SUR-LIDAR.dwg 16-070.6_X-GIS-PARCELS.dwg 16-070.1_X-GEN-TBLK.dwg 16-070.6_X-CIV-ESC.dwg 16-070.6_X-CIV-UTIL.dwg CERT-ENG - AKC.dwgDATE/TIME: Mar 27, 2024 - 4:58pmFILE: P:\2016\16-070 - EP Monument Signs\CAD\DWG\PLANSHEETS\CIVIL\16-070.1 I494_&_TH62\16-070.6_CIV-PLAN & PROF.dwg LAYOUT: 22X34 - PLANPROFILE20SCALEI hereby certify that this plan, specification or report was prepared by me or under my direct supervision and that I am a duly Licensed Professional Engineer under the laws of the State of Minnesota. AARON K. CARRELL LIC. NO.DATE:47494 03-27-24 ENTRY MONUMENT SIGN ACCESS ROUTE EDEN PRAIRIE, MN HANSEN THORP PELLINEN OLSON,Inc. 7510 Market Place Drive Eden Prairie, MN 55344952-829-0700 952-829-7806 fax Engineering SurveyingLandscape Architecture PROJECT NO. 16-070.6 SHEET OF 5 HORIZONTAL 03-27-24 AKC BID DOCUMENTS CONSTRUCTION PLAN 2 CALL BEFORE YOU DIG ! MINNESOTA LAW REQUIRES EXCAVATORS TO NOTIFY THE REGIONAL NOTIFICATION CENTER AT LEAST TWO (2) BUSINESS DAYS BUT NOT MORE THAN FOURTEEN (14) CALENDAR DAYS PRIOR TO EXCAVATIONGOPHER STATE ONE CALL www.gopherstateonecall.org1-800-252-1166 Minnesota SCALE IN FEET 0 20 40 60 NOTES LEGENDX 838 845.39 (845.39) REMOVE TREE (NOT ALL TREES ARE SHOWN ON PLANS) SILT FENCE CHAINLINK FENCE CULVERT PIPE SEDIMENT CONTROL LOG DITCH CHECK DRAINAGE FLOW ARROW CONTOUR SPOT ELEVATION SPOT ELEVATION (MATCH EXISTING) GRAVEL ACCESS ROAD MNDOT SEED MIX 25-141 INSTALL EROSION CONTROL BLANKET CAT. 35 ON ALL DISTURBED AREAS 1. CONTRACTOR SHALL FIELD VERIFY EXISTING ELEVATIONS AND TOPOGRAPHY PRIOR TO COMMENCING GRADING OPERATIONS. IF DISCREPANCIES OCCUR BETWEEN PLANS AND ACTUAL SITE CONDITIONS, NOTIFY ENGINEER IMMEDIATELY. 2. SITE ACCESS FOR CONSTRUCTION SHALL BE EXCLUSIVELY FROM THE WATER TOWER SERVICE ROAD. NO ACCESS SHALL BE MADE FROM LIFE TIME FITNESS PROPERTY TO THE NORTH. 3. PRIOR TO GRADING ACTIVITIES, TOPSOIL, ROOTS, AND OTHER ORGANIC MATERIAL SHALL BE COMPLETELY STRIPPED IN ACCESS ROUTE AREA AND ONLY STRIPPED AS NEEDED IN GREENSPACE AREAS. EXISTING TOPSOIL SHALL BE STOCKPILED FOR REUSE. 4. CONTRACTOR SHALL TAKE SPECIAL CARE TO MINIMIZE COMPACTION IN PROPOSED GREENSPACE AREAS AND SHALL MINIMIZE THE DISTURBANCE INTENSITY AND DURATION OF GRADING ACTIVITIES BY PHASING THE WORK TO THE EXTENT PRACTICAL. 5. AREA OF LAND DISTURBANCE = 11,092 SF EXISTING IMPERVIOUS = 0 SF PROPOSED IMPERVIOUS = 2,828 SF 6. ALL TEMPORARY EROSION AND SEDIMENT CONTROL BMP'S MUST BE REMOVED UPON FINAL STABILIZATION. SCALE IN FEET 0 5 10 15 DRAFT DRAFT DRAFT DRAFT DRAFTVERTICAL USER: acarrell XREF(s): 16-070.1_X-GEN-TBLK.dwg CERT-ENG - AKC.dwgDATE/TIME: Jun 14, 2024 - 2:39pmFILE: P:\2016\16-070 - EP Monument Signs\CAD\DWG\PLANSHEETS\CIVIL\16-070.1 I494_&_TH62\16-070.6_CIV-SITE PHOTO.dwg LAYOUT: SIGN LAYOUTLIC. NO.DATE:EDEN PRAIRIE, MN HANSEN THORP PELLINEN OLSON,Inc.7510 Market Place Drive Eden Prairie, MN 55344952-829-0700 952-829-7806 fax Engineering SurveyingLandscape Architecture PROJECT NO. 16-070.6 HORIZONTAL PROPOSED SIGN LAYOUT - ENTRY MONUMENT SIGN AT I-494 AND TH62 City Council Agenda Cover Memo Date: May 6, 2025 Section: Consent Calendar Item Number: VII.E. Department: Public Works/Engineering Division – Carter Schulze, City Engineer ITEM DESCRIPTION Resolution approving appraisal value and property acquisition of property for the Dell Road Improvement Project. REQUESTED ACTION Move to: Adopt resolution approving the appraisal value for property acquisition for one parcel for the Dell Road Improvement Project, City Project No. I.C. 17-5990 (the “Project”) and authorizing the City Engineer and City Attorney to acquire the property for the Project by direct negotiation or condemnation. SUMMARY The City of Eden Prairie is authorized to acquire real property which is needed for public use or public purposes. Minnesota State Statutes Chapter 117 requires an approved appraisal of value to be presented to property owners prior to acquisition of property by a governmental entity. The City Council previously authorized the City Engineer to proceed with the Project. The Project includes the acquisition of drainage and utility easements, permanent easements, and temporary construction easements, and other rights and interest by the City, from at least two parcels. The City Attorney obtained a market value appraisal for one parcel. The proposed acquisition value is provided to the City Council separately as confidential or protected nonpublic data pursuant to Minn. Stat. § 13.44, subd. 3(a). The City expects to need to acquire easements from two parcels for the Project. This action is to approve the appraisal value and acquisition of one of the parcels. The second appraisal will be completed, and approval requested, at a later date. The project is currently scheduled for construction in late 2025. ATTACHMENTS Resolution Parcel Exhibit CITY OF EDEN PRAIRIE HENNEPIN COUNTY, MINNESOTA RESOLUTION NO. 2025-______ RESOLUTION APPROVING THE APPRAISAL VALUE AND ACQUISITION OF PROPERTY RELATED TO THE DELL ROAD IMPROVEMENT PROJECT, CITY PROJECT NO. I.C. 17-5990 WHEREAS, the City of Eden Prairie (the “City”), is authorized to acquire real property which is needed for public use or purposes; and WHEREAS, the City intends to construct street and utility improvements to Dell Road, City Project No.: I.C. 17-5990 (the “Project”); and WHEREAS, the construction of the Project will require temporary construction easements and permanent easements for roadway and utility purposes, and other rights and interest by the City; and WHEREAS, the City Attorney retained an independent appraiser who provided an appraisal stating the fair market value of the property proposed to be acquired; and WHEREAS, the Project construction schedule contemplates that work will begin in late 2025; and WHEREAS, it is necessary that the City have title and possession of the necessary property for the Project before construction contracts may be let. NOW, THEREFORE, BE IT RESOLVED BY THE EDEN PRAIRIE CITY COUNCIL: 1. The recitals set forth above are incorporated herein. 2. The City Attorney and City Engineer are authorized to make an offer to acquire interests in real property for the Project for the appraised value. 3. The City Attorney and City Engineer are authorized and directed to take all steps necessary to acquire the property for the Project by direct negotiation or condemnation and the use of the quick take procedure authorized under Minnesota Statutes Section 117.042. ADOPTED by the Eden Prairie City Council on May 6, 2025. ____________________________________ Ronald Case, Mayor ATTEST: ______________________________ David Teigland, City Clerk 61 DISCLAIMER: The City of Eden Prairie does not warranty the accuracy nor the correctnessof the information contained in this map. It is your responsibility to verify the accuracyof this information. In no event will The City of Eden Prairie be liable for any damages,including loss of business, lost profits, business interruption, loss of business informationor other pecuniary loss that might arise from the use of this map or the information itcontains. Map information is believed to be accurate but accuracy is not guaranteed.Any errors or omissions should be reported to The City of Eden Prairie. *Any aerial photography and parcel geometry was obtained from Hennepin County and allusers are bound by the express written contract between Hennepin County and the Cityof Eden Prairie. Scale:1:4,744 ² Parcels 0 390 ft Dell Road Parcel ExhibitDell Road Parcel Exhibit City Council Agenda Cover Memo Date: May 6, 2025 Section: Consent Calendar Item Number: VII.F. Department: Public Works/Engineering Division – Carter Schulze, City Engineer ITEM DESCRIPTION Approve Change Order No. 2 for the Eden Prairie Road Watermain Rehabilitation project. (IC 22821) REQUESTED ACTION Move to: Approve Change Order No. 2 in the amount of $31,225.73 for the Eden Prairie Road Watermain Rehabilitation by Widmer Construction, LLC. SUMMARY Synopsis This change order addresses several unforeseen construction changes necessary to complete the rehabilitation of the watermain along Eden Prairie Road in 2024. Background Information The bulk of the change order work was spurred by stabilization of the roadway ditch following construction. This was challenging due to weather and unknown groundwater conditions. In addition to this, the contractor was requested to repave an intersection out of the scope of the project to improve drainage. With this change order the project will be final and closed out. All costs associated with this contract will be paid from the water utility enterprise fund. ATTACHMENT Change Order MayorCity Manager City Council Agenda Cover Memo Date: May 6, 2025 Section: Consent Calendar Item Number: VII.G. Department: Public Works/Engineering Division – Carter Schulze, City Engineer ITEM DESCRIPTION Approve an Amendment to the Professional Services Agreement with Bolton & Menk, Inc. in the amount of $22,500.00 for assistance with the Willow Creek Road Street and Utility Feasibility Study. REQUESTED ACTION Move to: Approve Amendment to the Professional Services Agreement with Bolton & Menk, Inc. in the amount of $22,500.00 for the Willow Creek Road Street and Utility Feasibility Study. SUMMARY Additional revisions and further analysis are required beyond the original scope of the approved professional services agreement with Bolton & Menk, Inc. for the feasibility study of Willow Creek Road, Street and Utility project. This challenging corridor that is currently without public utilities presents complicated utility design coupled with unique road and stormwater requirements. Multiple scenarios are being studied working towards a recommended solution resulting in additional design time required. Expected completion is early summer 2025 followed by staff review and neighborhood meetings. ATTACHMENT Professional Services Agreement Amendment 1 AMENDMENT TO Agreement for Professional Services This Amendment to the Agreement for Professional Services (Amendment) is made on the 6th day of May, 2025, between the City of Eden Prairie, Minnesota (hereinafter "City"), whose business address is 8080 Mitchell Road, Eden Prairie, MN 55344, and Bolton & Menk, Inc., a Minnesota Corporation (hereinafter "Consultant") whose business address is 12224 Nicollet Avenue, Burnsville, MN 55337. WHEREAS, the City and Consultant entered into an Agreement for Professional Services on the 15th __ day of November , 2022__ for the work described in Exhibit A attached thereto; WHEREAS, the City and Consultant agree to amend paragraphs ___2 & 3__of the Agreement relating to the _Term & Compensation of Services. NOW THEREFORE THE PARTIES AGREE AS FOLLOWS: 1. Term: Paragraph 2. Entitled “Term” is amended to state that this Agreement shall be from November 15, 2022 through June 30, 2025. 2. Compensation for Services: Paragraph 3. entitled “Compensation for Services” is amended to state that the City agrees to pay the Consultant an additional $22,500.00 for a total amount not to exceed $83,200.00 for the services as described in Exhibit A thereto. 3. Counterparts. This Agreement may be executed in multiple counterparts, each of which shall be considered an original. 4. Entire Agreement. This Amendment constitutes the entire agreement between the parties with respect to the matter herein contained and all prior negotiations with respect to the subject matter herein contained are merged into and incorporated into this Amendment, and all prior documents and correspondence between the parties with respect to the subject matter herein contained (other than the Agreement) are superseded and of no further force or effect. 4. Binding. This Amendment shall be binding upon and unsure to the benefit of the parties hereto. Executed as of the day and year first written above. CITY OF EDEN PRAIRIE Mayor City Manager CONSULTANT By: Its: Principal Engineer City Council Agenda Cover Memo Date: May 6, 2025 Section: Consent Calendar Item Number: VII.H. Department: Community Development / Housing & Community Services Julie Klima / Jonathan Stanley ITEM DESCRIPTION After the City applied for and received a Met Council Local Housing Incentives Account (LHIA) – Homeownership Program grant award, a sub-grant agreement governing use of funds is needed between the City and the Homes Within Reach (HWR) Community Land Trust. This agreement will ensure compliance with the requirements of the City’s grant agreement with the Met Council. REQUESTED ACTION Move to execute a sub-grant agreement with HWR governing the use of a $28,377 Met Council grant awarded to the City. SUMMARY This action will enable staff to begin working with HWR on the Met Council approved activity of acquisition of one single-family home, to be rehabilitated and sold to a low- or moderate- income household. The joint effort will bring a new Eden Prairie home into the CLT, adding to the 23 previously acquired. A significant component of the City’s efforts to create and preserve affordable housing, HWR also has a strong history of disproportionate service to underserved population including people of color and households with one or more persons with a disability, who often have difficulty achieving homeownership. ATTACHMENTS Resolution Sub-Grant Agreement CITY OF EDEN PRAIRIE HENNEPIN COUNTY, MINNESOTA RESOLUTION NO. 2025-____ RESOLUTION TO APPROVE THE EDEN PRAIRIE AND HOMES WITHIN REACH SUB-GRANT AGREEMENT WHEREAS, on December 11, 2024, the Metropolitan Council notified the City it was approved for an award of $28,377 under its Livable Communities Act Local Housing Incentives Account – Homeownership Program; and WHEREAS, the City partnered with the West Hennepin Affordable Housing Land Trust (dba Homes Within Reach) in making application for the grant award funding; and WHEREAS, the City has a successful record of working with Homes Within Reach to provide affordable homeownership opportunities to low- or moderate-income households; and WHEREAS, the City entered into a grant agreement with the Metropolitan Council on February 7, 2025; and WHEREAS, the City wishes to enter into a sub-grant agreement that ensures compliance with Metropolitan Council rules and requirements. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Eden Prairie, Minnesota, that the City Council accepts the agreement as proposed. BE IT FURTHER RESOLVED, that the City Council authorizes the Mayor, City Manager or his designee to execute such Eden Prairie and Homes Within Reach sub-grant agreement. ADOPTED by the City Council of the City of Eden Prairie this 6th day of May, 2025. _________________________ Ronald A. Case, Mayor ATTEST: __________________________ David Teigland, City Clerk LOCAL HOUSING INCENTIVES ACCOUNT HOMEOWNERSHIP GRANT PROGRAM SUB-GRANT AGREEMENT This Sub-Grant Agreement (“Sub-Grant Agreement” or “Agreement”) is entered into on this 6th day of May, 2025 (“Effective Date”), by and between the CITY OF EDEN PRAIRIE, a Minnesota municipal corporation (“City”) and WEST HENNEPIN AFFORDABLE HOUSING LAND TRUST (DBA HOMES WITHIN REACH), a Minnesota non-profit corporation and registered 501(c)(3) non-profit organization (“Sub-Grantee”). RECITALS WHEREAS, in cooperation with Sub-Grantee, the City applied to and received approval for funds in the amount of $28,377 (the “LHIA Grant Amount”) from the Metropolitan Council (“Council”) under the Livable Communities Act, Local Housing Incentives Account grant program (the “LHIA Grant”); and WHEREAS, Sub-Grantee intends to acquire and rehabilitate one (1) home in the City to be brought into the Homes Within Reach Community Land Trust and be sold to an income-eligible household (the “Project”); and WHEREAS, to assist with the costs of acquiring the home, the City will make available an additional $40,000 of its own resources as pledged in its application for funding (the “City Pledged Amount”); and WHEREAS, on February 7, 2025, the Council and the City entered into a Metropolitan Livable Communities Demonstration Account, Affordable Homeownership Grant Program agreement, Grant No. SG-22137, with an expiration date of December 31, 2027, a copy of which is attached as Exhibit A (“Grant Agreement”); and WHEREAS, the City desires to make both the LHIA Grant funding and the City Pledged Amount subject to the terms and conditions of this Agreement, and the LHIA Grant Amount and the City Pledged Amount will be collectively referred to herein as the “Grant Funds”; WHEREAS, the City desires to provide the Grant Funds to the Sub-Grantee to provide reimbursement for the grant-eligible activities of property and land acquisition on the terms and conditions contained in this Agreement; and WHEREAS, the City believes that the completion of the project, and fulfillment of this Agreement, are in the vital and best interests of the City and the health, safety, morals, and welfare of its residents, and in accord with the public purposes and provisions of the applicable State of Minnesota and local laws and requirements under which the Project has been undertaken and is being assisted; and WHEREAS, the City and the Sub-Grantee desire to enter into this Agreement for the purpose of setting forth their respective responsibilities with respect to the provision of the LHIA Grant. NOW, THEREFORE, the parties agree to the following terms: 1. GRANT AGREEMENT. The Grant Agreement, attached as Exhibit A, is incorporated herein by reference. If there are any inconsistencies or conflicts between this Sub-Grant agreement and the Grant Agreement, the terms of the Grant Agreement will control. The definitions set forth in the Grant Agreement will apply to this Sub-Grant Agreement to the extent applicable. In addition to the terms, conditions and obligations described herein, the Sub-Grantee further acknowledges, accepts, and assumes all of the City’s obligations described in the Grant Agreement, unless such obligations can only be reasonably performed by the City. For purposes of enforcing this Agreement, the Sub-Grantee acknowledges, accepts, and agrees that the City shall inure to, and possess the rights and authority of the Council as described in the Grant Agreement. 2. SUB-GRANT. Subject to the terms and conditions of this Agreement, the City grants the Sub- Grantee an amount not to exceed the $68,337.00 for costs associated with the grant-eligible activities. In consideration for the sub-grant, Sub-Grantee agrees to perform all of its obligations under this Agreement. Proceeds of the Grant Funds will be disbursed in accordance with Paragraphs 4 and 5 of this Agreement. 3. TIME OF PERFORMANCE. Sub-Grantee must acquire one (1) home in accordance with the terms set forth herein. Sub-Grantee must commence and complete the acquisition process and submit all requests for disbursement prior to December 31, 2027. 4. CONDITIONS PRECEDENT TO DISBURSEMENT. The following requirements are conditions precedent to the City’s disbursement of any of the Grant Funds to the Sub-Grantee: A. The Sub-Grantee must have provided evidence satisfactory to the City showing that Sub-Grantee is a party to an executed purchase agreement under which Sub-Grantee will acquire fee simple title to the home, that any contingencies on the sale have been met, and that closing has been scheduled; B. The Sub-Grantee must have provided evidence satisfactory to the City that the grant- eligible activities and contemplated use thereof are permitted by and comply in all material respects with all applicable restrictions and requirements in prior conveyances, zoning ordinances, subdivision and platting requirements, and other laws and regulations; C. The Sub-Grantee must have provided evidence satisfactory to the City that other conditions specified in the Grant Agreement have been duly satisfied by the Sub- Grantee or waived in writing by the City or Council, as applicable; D. There must be no uncured Event of Default (as defined in Paragraph 7), and no event which with the giving of notice or the lapse of time or both would constitute an Event of Default, shall have occurred and be continuing and all representations and warranties made by the Sub-Grantee in Paragraph 6 hereof shall continue to be true and correct as of the date of such disbursement; and E. The Sub-Grantee must have provided to the City such evidence of compliance with all the provisions of this Sub-Grant Agreement as the City may reasonably request. 5. REQUESTS FOR DISBURSEMENT. It is expressly agreed and understood that the total amount to be paid by the City under this Contract will not exceed the amount of the Grant Funds ($68,337.00). A. Disbursement. The City and Sub-Grantee agree that, on the terms and subject to the conditions hereinafter set forth and the conditions set forth in the Grant Agreement, the Grant Funds will be disbursed from the City to the Sub-Grantee, or the Sub- Grantee’s agent or designee, in one disbursement, with that disbursement being made upon one hundred percent (100%) completion of the grant-eligible activities. Notwithstanding anything to the contrary herein, with respect to the LHIA Grant Amount, the City is only obligated to make the disbursement hereunder to pay project costs in an amount up to or equal to the lesser of the LHIA Grant Amount or the amount actually disbursed by the Council to the City under the Grant Agreement and such obligation is further subject to the conditions of Paragraph 4 hereof. B. Disbursement Request. 1. When the Sub-Grantee desires to obtain the disbursement of the Grant Funds, the Sub-Grantee shall submit to the City, and the Council if required, the Disbursement Request Form attached hereto as Exhibit B, together with any additional documents required by the City of the Council, duly signed by Sub- Grantee. 2. The Disbursement Request Form shall be submitted by the Sub-Grantee at least thirty (30) days prior to the date of the requested disbursement. The Disbursement Request Form shall constitute a representation and warranty by the Sub-Grantee to the City that all representations and warranties of the Sub- Grantee set forth in Paragraph 6 are true and correct as of the date such Disbursement Request Form is submitted, except for such representations and warranties which, by their nature, would not be applicable as of the date of such Disbursement Request. 3. Upon receipt of the Disbursement Request Form, if the City has determined that all the conditions set forth in Paragraphs 4 and 5 have been satisfied, a request for disbursement will be submitted to the Council. The adequacy of the request for disbursement will be determined by the City and the Council in their sole discretion, but such request may not be denied by the City if all conditions in Paragraphs 4 and 5 hereof have been satisfied. After submission of the Disbursement Request Form, if the Sub-Grantee has performed all of its agreements and complied with all requirements to be performed or complied with under this Agreement and the Grant Agreement, including satisfaction of all applicable conditions precedent contained in Paragraph 4 hereof, the City will make the disbursement to the Sub-Grantee, or the Sub- Grantee’s agent or designee, in the amount of the requested disbursement or such lesser amount as shall be approved, within forty-five (45) days after the date of the City’s receipt of the Disbursement Request Form, or, if later, upon receipt of grant proceeds from the Council. The disbursement will be paid from the proceeds of the LHIA Grant and the City Pledged Amount, subject to the City’s and Council’s determination that the relevant Project cost is payable from the LHIA Grant under the Grant Agreement. The City is under no obligation to disburse any proceeds of the LHIA Grant until it receives a disbursement from the Council. 4. Upon the approved disbursement by the City and Council, City will disburse to Sub-Grantee an amount equal to the Grant Funds ($68,377.00). 6. REPRESENTATIONS AND WARRANTIES OF SUB-GRANTEE. Sub-Grantee covenants, represents, warrants, and agrees that: A. The Sub-Grantee is a 501(C)(3) organization duly organized and validly existing under the laws of the State of Minnesota, is duly authorized to operate in the State of Minnesota, has the power to enter into and execute this Agreement and by appropriate action has authorized the execution and delivery of this Agreement. B. Sub-Grantee will permit the City, upon reasonable notice, to examine all books, records, contracts, plans, permits, bills, and statements of account pertaining to the grant-eligible Activities and to make copies as the City may require. C. Sub-Grantee will obey and comply with all federal, state, and local laws, rules, and regulations in connection with the Project. D. The City’s actions in approving the Sub-Grant will not be construed as an approval by the City of providing any additional funds for the Project or other improvements to the property. E. Sub-Grantee agrees to pay for all of the costs incurred to make grant-eligible activities including any cost overruns. Except as identified in the Grant Agreement, there are no public funds for the grant-eligible activities except for the LHIA Grant and the City Pledged Amount. F. Sub-Grantee is bound by all the terms and conditions of the Grant Agreement to the same extent as the City. G. Sub-Grantee will comply with all requirements of the Grant Agreement applicable to the Sub-Grantee. 7. DEFAULT. Any one or more of the following shall constitute an event of default (an “Event of Default”) under this Agreement: A. Sub-Grantee shall default in the performance or observance of any agreement, covenant or condition required to be performed or observed by the Sub-Grantee under the terms of this Agreement or the Grant Agreement, to the extent such obligations exist, and such default shall not be remedied within sixty (60) days after written notice to the Sub-Grantee from the City specifying such default. B. The Sub-Grantee shall be in default of any term of any other agreement relating to the grant-eligible activities which is not cured within sixty (60) days after written notice from the City or if the default cannot be cured within sixty (60) days within such reasonable time as is required to cure the default, provided that the Sub-Grantee is diligently pursuing a cure. C. Any representation or warranty made by the Sub-Grantee herein or any document or certificate furnished to the City shall prove at any time to be materially incorrect or misleading as of the date made. D. The Sub-Grantee engages in any illegal activities. E. The Sub-Grantee uses any of the Grant Funds in a manner contrary to this Agreement or the Grant Agreement which is not cured within sixty (60) days after written notice from the City. F. The Sub-Grantee shall fail to indemnify and hold harmless the City as set forth in Paragraph 9.B and such failure is not cured within ten (10) business days after written notice from the City. 8. REMEDIES. Whenever any Event of Default has happened and is continuing beyond any applicable cure period any one or more of the following remedial steps may be taken by the City: A. The City may terminate this Agreement; B. The City may suspend or terminate any further disbursements to be made under this Agreement; C. The City may suspend its performance under this Agreement during the continuance of the Event of Default; and/or D. The City may take whatever action at law or in equity may be necessary or appropriate to seek repayment or reimbursement of the Grant Funds disbursed to the Sub-Grantee, to enforce performance and observance of any obligation, agreement, covenant, representation or warranty of the Sub-Grantee under this Agreement, or any related instrument; or to otherwise compensate the City for any damages on account of such Event of Default. No remedy conferred upon or reserved to the City is intended to be exclusive of any other available remedy or remedies, but each and every such remedy shall be cumulative and shall be in addition to every other remedy given under this Agreement or now or hereafter existing at law or in equity or by statute. No delay or omission to exercise any right or power accruing upon any Event of Default shall impair any such right or power, nor shall be construed to be a waiver thereof, but any such right and power may be exercised from time to time and as often as may be deemed expedient. In order to entitle the City to exercise any remedy reserved to it in this Paragraph, it shall not be necessary to give any notice, other than such notice as may be herein expressly required or be required by law. 9. ADDITIONAL REQUIREMENTS. A. Independent Contractor. Nothing contained in this Agreement is intended to, or may be construed in any manner, as creating or establishing the relationship of employer/employee between the parties. The Sub-Grantee will at all times remain an independent contractor with respect to the Project work. The City is exempt from payment of all unemployment compensation, FICA, retirement, life and/or medical insurance and workers’ compensation insurance because the Sub-Grantee is an independent contractor. B. Indemnification and Hold Harmless. Sub-Grantee will defend, indemnify, and hold harmless the City and its elected officials, employees, and agents, including the independent contractors, consultants and legal counsel, servants and employees thereof (the “Indemnified Parties”) from and against all claims, damages, losses, and expenses, including but not limited to reasonable attorneys’ fees, arising out of or resulting from the conduct or implementation of the Project activities funded by the Sub-Grant Agreement, or by reason of this Agreement and against any loss or damage to property or any injury to or death of any person occurring at or about or resulting from any defect in the Project, and of and from any and all claims and demands whatsoever that may be asserted against City by reason of any alleged obligations or undertakings on the Sub-Grantee’s part to perform or discharge any of the terms, covenants, or agreements contained herein except to the extent the claims, damages, losses, and expenses arise from the City’s own negligence. Claims included in this indemnification include, without limitation, any claims asserted pursuant to the Minnesota Environmental Response and Liability Act (MERLA), Minnesota Statutes Chapter 15B, the federal Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA) as amended, United States Code, title 42, section 9601 et seq., and the federal Resource Conservation and Recovery Act of 1976 (RCRA) as amended, United States Code, title 42, sections 6901 et seq. This obligation may not be construed to negate, abridge, or otherwise reduce any other right or obligation of indemnity which otherwise would exist between the City and Sub-Grantee. The provisions of this Paragraph shall survive the execution, delivery, performance and/or or termination of this Agreement. This indemnification may not be construed as a waiver on the part of the City of any immunities or limits on liability provided by Minnesota Statutes chapter 466, or other applicable state or federal law. 10. NOTICES. Communication and details concerning this Sub-Grant Agreement must be directed to the following: If to City: City of Eden Prairie 8080 Mitchell Road Eden Prairie, MN 55344 Attn: Community Development Director Phone: (952) 949-8489 If to Sub-Grantee: West Hennepin Affordable Housing Land Trust 5100 Thimsen Avenue, Suite 120 Minnetonka, MN 55345 Attn: Brenda Lano-Wolke With a copy to: Margaret L. Neuville Gregerson, Rosow, Johnson, & Nilan, Ltd. 100 Washington Ave. S. Suite 1550 Minneapolis, MN 55401 Phone: (612) 436-7463 All notices required or permitted under this Sub-Grant Agreement must be in writing and must be sent by personal delivery, by United States registered or certified mail (postage prepaid), or by an independent overnight courier service, addressed to the addresses specified above or at such other place as either party may designate to the other party by written notice given in accordance with this section. Notices given by mail are deemed delivered and received within four business days after the party sending the notice deposits the notice with the United States Post Office. Notices delivered by courier are deemed delivered and received on the next business day after the day the party delivering the notice timely deposits the notice with the courier for overnight (next business day) delivery. 11. ADMINISTRATIVE REQUIREMENTS A. Accounting Standards. The Sub-Grantee must maintain the necessary source documentation and enforce sufficient internal controls as dictated by generally accepted accounting practices to properly account for Project costs. B. Records. 1. Retention. The Sub-Grantee must retain all records pertinent to the Project costs for a minimum of six years following the completion of the Project or expenditure of the Subgrant funds, whichever occurs earlier. 2. Availability. Upon request, Sub-Grantee must submit to the City a full account of the status of the activities undertaken as part of this Agreement. The following records shall be maintained by the Sub-Grantee, copies of which shall be submitted in such form as City staff may prescribe: a. All receipts and invoices relating to expenditure of Grant Funds. b. Records must be sufficient to reflect all costs incurred in performance of this Agreement. c. Sub-Grantee must further provide such information as requested by the City to enable the City to provide annual and semi-annual written reports to the Council pursuant to Section 2.05(c) and 4.03 of the Grant Agreement. 3. State Audits. Under Minn. Stat. § 16C.05, subd. 5, Sub-Grantee’s Project-related books, records, documents, and accounting procedures and practices relevant to this Sub-Grant Agreement are subject to examination by the State and/or the State Auditor or Legislative Auditor, as appropriate, for a minimum of six (6) years following the expenditure of the Subgrant funds, whichever occurs earlier. 4. Government Data Practices. Sub-Grantee and City must comply with the Minnesota Government Data Practices Act, Minn. Stat. Ch. 13, as it applies to all Project-related data provided by Sub-Grantee under this Agreement, and as it applies to all Project- related data created, collected, received, stored, used, maintained, or disseminated by Sub-Grantee under this Agreement. The civil remedies of Minn. Stat. § 13.08 apply to the release of the Project-related data referred to in this clause by either Sub-Grantee or the City. If Sub-Grantee receives a request to release the Project related data referred to in this clause, Sub-Grantee must immediately notify the City. The City will give Sub-Grantee instructions concerning the release of the Project-related data to the requesting party before the Project related data is released. 5. Close-Outs. The Sub-Grantee’s obligation to the City will continue until all Council closeout requirements are met. The City will specify in writing any remaining Council closeout requirements to the Sub-Grantee. 12. MISCELLANEOUS A. Amendments. Any amendment to this Sub-Grant Agreement must be in writing and will not be effective until it has been executed and approved by the same parties who executed and approved the Sub-Grant Agreement, or their successors in office. B. Waiver. The failure of either party to enforce any provision of this Sub-Grant Agreement does not result in a waiver of the right to enforce the same or another provision of the Sub-Grant Agreement in the future. C. Governing Law, Jurisdiction, and Venue. Minnesota law, without regard to its choice-of-law provisions, governs this Sub-Grant Agreement. Venue for all legal proceedings out of this Sub- Grant Agreement, or its breach, must be in the appropriate state or federal court with competent jurisdiction in Hennepin County, Minnesota. D. Termination for Insufficient Funding. Notwithstanding anything herein to the contrary, the Sub- Grantee understands and agrees that any reduction or termination of the Grant may result in a like reduction or termination of the Subgrant. In addition, if the Council fails or refuses to fund the Grant, the City may immediately terminate this Sub-Grant Agreement by delivering written notice to Sub-Grantee. The termination date will be the date the notice is delivered to Sub- Grantee and the City is not obligated to pay for any costs incurred after the termination date; provided, however, Sub-Grantee will be entitled to payment, determined on a pro rata basis, for costs incurred up to the termination date to the extent that Grant funds are available. E. Attorneys’ Fees and Expenses. In the event the Sub-Grantee should default under any of the provisions of this Agreement and the City should employ attorneys or incur other expenses for the collection of amounts due hereunder or the enforcement of performance of any obligation or agreement on the part of the Sub-Grantee, the Sub-Grantee will on demand pay to the City the reasonable fee of such attorneys and such other expenses so incurred, but only in the event the City prevails in pursuing such claims. F. Counterparts. This Sub-Grant Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which taken together shall constitute one and the same agreement. This Agreement may be transmitted by fax or by electronic mail in portable document format ("pdf") and signatures appearing on faxed instruments and/or electronic mail instruments shall be treated as original signatures. [REMAINDER OF PAGE INTENTIONALLY BLANK] [SIGNATURE PAGE FOLLOWS] CITY OF EDEN PRAIRIE By: Ronald A. Case Its: Mayor Date: __________________________ By: Rick Getschow Its: City Manager Date: _________________________ West Hennepin Affordable Housing Land Trust (dba Homes Within Reach) By: ___________________________ Its: ____________________________ Date: __________________________ Exhibit A City Council Agenda Cover Memo Date: May 6, 2025 Section: Consent Calendar Item Number: VII.I. Department: Parks and Recreation – Tyler Menden, Parks Construction Supervisor ITEM DESCRIPTION Award contract for the 2025 Carmel Park Hardcourt Rehabilitation Project. REQUESTED ACTION Move to: award contract for the 2025 rehabilitation of the Carmel Park hardcourt surface to Bituminous Roadways, Inc. in the amount of $125,451.00. SUMMARY The scope of this project is to remove the existing bituminous, fencing, net posts & anchors, and aged basketball hoops. The area will then be regraded, compacted, and new bituminous, fencing, net posts & anchors, and basketball hoops will be installed. Following construction, the courts will receive new sport court surfacing via a 2-coat color system using acrylic resurfacing with filler and acrylic Color with filler. The courts will be lined for 2 USTA tennis courts. Background Carmel Park hardcourts were last repaired in 2006. At that time the courts structural cracking and surface flaking were too significant for resurfacing but the bituminous was flat and on one plane. A Versa Court athletic court game tile system was installed over top of the blacktop to extend the life of the facility. This tile system successfully extended the life of the facility for many years, but the aging bituminous underneath has now deteriorated to the extent the tile system does not make good contact with the blacktop. The result is very poor playing conditions due to large areas where the ball is deadened when it hits the ground. For several years now these courts have received no play due poor conditions and park maintenance no longer puts up nets due to the lack of use. Our recommendation is to rehabilitate these courts to re-establish playable conditions. The funding for this rehabilitation project comes from the Capital Maintenance & Reinvestment funding under the Parks and Recreation Department. Bid Summary and Recommendation The summary of the bids submitted is as follows: Bituminous Roadways: $125,451.00 BKJ Excavating: $129,719.50 ATTACHMENTS Form of Contract Exhibit A (rev. 6/2024) Construction Contract This Contract (“Contract”) is made on the 21nd day of April 2025, between the City of Eden Prairie, Minnesota (hereinafter "City"), whose business address is 8080 Mitchell Road, Eden Prairie, MN 55344, and Bituminous Roadways, Inc., a Minnesota company (hereinafter "Contractor”) whose business address is 1520 Commerce Drive, Mendota Heights, MN 55120. Preliminary Statement The City has adopted a policy regarding the selection and hiring of contractors to provide a variety of services for City projects. That policy requires that persons, firms or corporations providing such services enter into written agreements with the City. The purpose of this Contract is to set forth the terms and conditions for the provision of services by Contractor for 2025 Carmel Park Hardcourt Rehabilitation Project hereinafter referred to as the "Work". The City and Contractor agree as follows: 1. Scope of Work/Proposal. The Contractor agrees to provide, perform and complete all the provisions of the Work in accordance with attached Exhibit A. Any general or specific conditions, terms, agreements, contractor or industry proposal, or contract terms attached to, or a part of Exhibit A are declined in full and, accordingly, are deleted and shall not be in effect in any manner. 2. Time of Commencement and Completion. The Work to be performed under this Contract shall be commenced June 2nd, 2025. The Work shall be completed by July 25th, 2025. 3. Compensation for Services. City agrees to pay the Contractor a fixed sum of $125,451.00 as full and complete payment for the labor, materials and services rendered pursuant to this Contract and as described in Exhibit A. a. Any changes in the scope of the work which may result in an increase to the compensation due the Contractor shall require prior written approval by an authorized representative of the City or by the City Council. The City will not pay additional compensation for services that do not have prior written authorization. b. If Contractor is delayed in performance due to any cause beyond its reasonable control, including but not limited to strikes, riots, fires, acts of God, governmental actions, actions of a third party, or actions or inactions of City, the time for performance shall be extended by a period of time lost by reason of the delay. Contractor will be entitled to payment for its reasonable additional charges, if any, due to the delay. Standard Construction Contract (rev. 6/2024) Page 2 of 14 4. Method of Payment. The Contractor shall submit to the City, on a monthly basis, an itemized invoice for services performed under this Contract. Invoices submitted shall be paid in the same manner as other claims made to the City. a. Invoices. Contractor shall verify all statements submitted for payment in compliance with Minnesota Statutes Sections 471.38 and 471.391. For reimbursable expenses, if provided for in Exhibit A, the Contractor shall provide an itemized listing and such documentation as reasonably required by the City. Each invoice shall contain the City’s project number and a progress summary showing the original (or amended) amount of the contract, current billing, past payments and unexpended balance of the contract. Each invoice shall be accompanied by general lien waiver and further lien waivers from all subcontractors on the project waiving liens for work for which payment was requested by Contractor and paid for by City on the preceding invoice. b. Claims. By making the claim for payment, the person making the claim is declaring that the account, claim, or demand is just and correct and that no part of it has been paid. c. Final Payment. Contractor’s request for final payment shall be accompanied by Contractor’s affidavit that all payrolls, bills for materials and equipment, and other indebtedness connected with the Work for which the City or its property might in any way be responsible, have been paid or otherwise satisfied. Final payment, constituting the entire unpaid balance of the Contract Sum, shall be paid by the City to the Contractor when the Work has been completed, the Contract fully performed, and the City accepts the Work in writing. The acceptance of final payment shall constitute a waiver of all claims by the Contractor except those previously made in writing and identified by the Contractor as unsettled at the time of Application for Final Payment. d. Income Tax Withholding. No final payment shall be made to the Contractor until the Contractor has provided satisfactory evidence to the City that the Contractor and each of its subcontracts has complied with the provisions of Minn. Stat. Section 290.92 relating to withholding of income taxes upon wages. A certificate from the Commissioner of Revenue shall satisfy this requirement. 5. Standard of Care. Contractor shall exercise the same degree of care, skill and diligence in the performance of its services as is ordinarily exercised by members of the profession under similar circumstances in Hennepin County, Minnesota. Contractor shall be liable to the fullest extent permitted under applicable law, without limitation, for any injuries, loss, or damages proximately caused by Contractor's breach of this standard of care. Contractor shall put forth reasonable efforts to complete its duties in a timely manner. Contractor shall not be responsible for delays caused by factors beyond its control or that could not be reasonably foreseen at the time of execution of this Contract. Contractor shall be responsible for costs, delays or damages arising from unreasonable delays in the performance of its duties. Standard Construction Contract (rev. 6/2024) Page 3 of 14 6. Project Manager and Staffing. The Contractor shall designate a Project Manager and notify the City in writing of the identity of the Project Manager before starting work on the Project. The Project Manager shall be assisted by other staff members as necessary to facilitate the completion of the Work in accordance with the terms established herein. Contractor may not remove or replace the Project Manager without the approval of the City. 7. Condition and Inspection. All goods and other materials furnished under this Contract shall be new and in current manufacture, unless otherwise specified, and all goods and work shall be of good quality, free from faults and defects and in conformance with this Contract. All goods and work not conforming to these requirements shall be considered defective. Goods shall be subject to inspection and testing by the City. Defective goods or goods not in current manufacture may be returned to the Contractor at the Contractor’s expense. 8. Correction of Work. The Contractor shall promptly correct all Work rejected by the City as defective or as failing to conform under this Contract whether observed before or after completion of the Work and whether or not fabricated, installed or completed. The Contractor shall bear all costs of correcting such rejected Work. 9. Warranty. The Contractor expressly warrants and guarantees to the City that all Work performed and all materials furnished shall be in accord with the Contract and shall be free from defects in materials, workmanship, and operation which appear within a period of one year, or within such longer period as may be prescribed by law or in the terms of the Contract, from the date of City’s written acceptance of the Work. The City’s rights under the Contractor’s warranty are not the City’s exclusive remedy. The City shall have all other remedies available under this Contract, at law or in equity. Should any defects develop in the materials, workmanship or operation of the system within the specified period, upon notice from the City, the Contractor agrees, within ten (10) calendar days after receiving written notice and without expense to the City, to repair, replace and in general to perform all necessary corrective Work with regard to the defective or nonconforming Work or materials to the satisfaction of the City. THE FOREGOING SHALL NOT IN ANY MANNER LIMIT THE CITY’S REMEDY OR THE CONTRACTOR’S LIABILITY TO THOSE DEFECTS APPEARING WITHIN THE WARRANTY PERIOD. The Contractor agrees to perform the Work in a manner and at a time so as to minimize any damages sustained by the City and so as to not interfere with or in any way disrupt the operation of the City or the public. The corrective Work referred to above shall include without limitation, (a) the cost of removing the defective or nonconforming Work and materials from the site, (b) the cost of correcting all Work of other Contractors destroyed or damaged by defective or nonconforming Work and materials including the cost of removal of such damaged Work and materials form the site, and (c) the cost of correcting all damages to Work of other Contractors caused by the removal of the defective or nonconforming Work or materials. The Contractor shall post bonds to secure the warranties. Standard Construction Contract (rev. 6/2024) Page 4 of 14 10. Private Property. The Contractor shall not enter upon private property for any purpose without having previously obtained permission from the City. The Contractor shall be responsible for the preservation of, and shall use every precaution to prevent damage to all trees, shrubbery, plants, lawns, fences, culverts, bridges, pavements, driveways, sidewalks, etc.; all water, sewer and gas lines; all conduits; all overhead pole lines or appurtenances thereof; and all other public or private property along or adjacent to the work. 11. Removal of Construction Equipment, Tools and Supplies. At the termination of this Contract, before acceptance of the Work by the City, the Contractor shall remove all of Contractor’s equipment, tools and supplies from the property of the City. Should the Contractor fail to remove such equipment, tools and supplies, the City shall have the right to remove them and deduct the cost of removal from any amount owed to Contractor. 12. Suspension of Work by City. The City may at any time suspend the Work, or any part thereof, by giving ten (10) days' notice to the Contractor in writing. The work shall be resumed by the Contractor within ten (10) days after the date fixed in the written notice from the City to the Contractor to resume. If the City’s suspension of all or part of the Work causes additional expenses not due to the fault or negligence of the Contractor, the City shall reimburse the Contractor for the additional expense incurred due to suspension of the work. Claims for such compensation, with complete substantiating records, shall be filed with the City within ten (10) days after the date of order to resume Work in order to receive consideration. This paragraph shall not be construed as entitling the Contractor to compensation for delays due to inclement weather, failure to furnish additional surety or sureties specified herein, for suspension made at the request of the Contractor, or for any other delay provided for in this Contract. 13. City’s Right to Carry Out the Work. If the Contractor defaults or neglects to carry out the Work in accordance with the Contract or fails to perform any provisions of the Contract, the City may, after ten (10) days written notice to the Contractor and without prejudice to any other remedy the City may have, make good such deficiencies. In such case an appropriate Change Order shall be issued deducting from the payment then or thereafter due the Contractor the cost of correcting such deficiencies. If the payments then or thereafter due the Contractor are not sufficient to cover such amount, the Contractor shall pay the difference to the City. 14. City’s Right to Terminate Contract and Complete the Work. The City has the right to terminate this Contract for any of the following reasons: a. The Contractor is adjudged bankrupt, makes a general assignment for the benefit of creditors, or becomes insolvent; b. Failure of Contractor to supply adequate properly skilled workmen or proper materials; c. Failure of Contractor to make prompt payment to subcontractor for material or labor; d. Any disregard of laws, ordinances or proper instructions of the City; e. Assignment or work without permission of the City; Standard Construction Contract (rev. 6/2024) Page 5 of 14 f. Abandonment of the work by Contractor; g. Failure to meet the work progress schedule set forth in this Contract; h. Unnecessary delay which, in the judgment of the City, will result in the work not being completed in the prescribed time. Termination of the Contract shall be preceded by ten (10) days written notice by the City to the Contractor and its surety stating the grounds for termination and the measures, if any, which must be taken to assure compliance with the Contract. The Contract shall be terminated at the expiration of such ten (10) day period unless the City Council shall withdraw its notice of termination. Upon termination of the Contract by the City, the City may, without prejudice to any other remedy the City may have, take possession of the site and of all materials, equipment, tools, construction equipment and machinery thereon owned by the Contractor and may finish the Work by whatever methods the City may deem expedient at the Contractor’s expense. Upon Contract termination, the Contractor shall not be entitled to receive any further payment until the Work is finished. If the unpaid balance of the contract price exceeds the expense of finishing the Work, including compensation for additional managerial and administrative services, the excess shall be paid to the Contractor. If such expense exceeds the unpaid balance, the Contractor shall pay the difference to the City. In the event that the Contractor abandons the Work, fails or refuses to complete the Work or fails to pay just claims for labor or material, the City reserves the right to charge against the Contractor all legal, engineering, or other costs resulting from such abandonment, failure or refusal. Legal costs will include the City's cost of prosecuting or defending any suit in connection with such abandonment, failure or refusal, and non-payment of claims wherein the City is made co-defendant, and the Contractor agrees to pay all costs, including reasonable attorney's fees. 15. Contractor’s Right to Terminate Contract. The Contractor may terminate this Contract upon ten (10) days written notice to the City for any of the following reasons: a. If an order of any court or other public authority caused the Work to be stopped or suspended for a period of 90 days through no act or fault of the Contractor or its employees. b. If the City should fail to pay any undisputed sum owed Contractor within forty-five (45) days after the sum becomes due. 16. Performance and Payment Bonds. The Contractor shall post a Performance and Payment Bond each in an amount equal to one hundred percent (100%) of the payments due Contractor to insure the prompt and faithful performance of this Contract by Contractor and to insure prompt payment to the subcontractor and suppliers of the Contractor. The Bonds Standard Construction Contract (rev. 6/2024) Page 6 of 14 shall be in a form approved by the City. Contractor shall provide the Bond to the City before commencing work and together with the executed contract document. If the Performance and/or Payment Bond are not submitted as provided herein, this Contract shall be considered void. [BONDS ARE REQUIRED FOR A CONSTRUCTION CONTRACT THAT IS $175,000 OR MORE; THEY ARE OPTIONAL FOR ANY CONTRACT THAT IS LESS THAN $175,000] 17. Subcontractor. The Contractor shall bind every subcontractor and every subcontractor shall agree to be bound by the terms of this Contract as far as applicable to its work, unless specifically noted to the contrary in a subcontract approved in writing as adequate by the City. The Contractor shall pay any subcontractor involved in the performance of this Contract within the ten (10) days of the Contractor's receipt of payment by the City for undisputed services provided by the subcontractor. If the Contractor fails within that time to pay the subcontractor any undisputed amount for which the Contractor has received payment by the City, the Contractor shall pay interest to the subcontractor on the unpaid amount at the rate of 1.5 percent per month or any part of a month. The minimum monthly interest penalty payment for an unpaid balance of $100 or more is $10. For an unpaid balance of less than $100, the Contractor shall pay the actual interest penalty due to the subcontractor. A subcontractor who prevails in a civil action to collect interest penalties from the Contractor shall be awarded its costs and disbursements, including attorney's fees, incurred in bringing the action. 18. Responsible Contractor Contractor warrants under oath that Contractor is in compliance with the minimum criteria required of a “responsible contractor” as that term is defined in Minnesota Statutes § 16C.285, subd. 3. Contractor has provided to City a list of all of its first-tier subcontractors and motor carriers that it intends to retain for work on the project. The Contractor has obtained from all subcontractors and motor carriers with which it will have a direct contractual relationship a signed statement under oath by an owner or officer verifying that the subcontractor or motor carrier meets all of the minimum criteria in § 16C.285, subd. 3. If Contractor retains additional subcontractors or motor carriers on the project after submitting its verification of compliance, the Contractor shall obtain verification of compliance from each additional subcontractor and motor carrier with which it has a direct contractual relationship and shall submit to the City a supplemental verification confirming the subcontractor’s and motor carrier’s compliance with subdivision 3, clause (7), within 14 days of retaining the additional subcontractors or motor carriers. Contractor shall submit to the City upon request copies of the signed verifications of compliance from all subcontractors and motor carriers of any tier pursuant to Minn. Stat. § 16C.285, subd. 3(7). A false statement under oath, by Contractor, subcontractor, or motor carrier, verifying compliance with any of the minimum criteria may result in termination of the Contract. 19. Independent Contractor. Contractor is an independent contractor engaged by City to perform the services described herein and as such (i) shall employ such persons as it shall Standard Construction Contract (rev. 6/2024) Page 7 of 14 deem necessary and appropriate for the performance of its obligations pursuant to this Contract, who shall be employees, and under the direction, of Contractor and in no respect employees of City, and (ii) shall have no authority to employ persons, or make purchases of equipment on behalf of City, or otherwise bind or obligate City. No statement herein shall be construed so as to find the Contractor an employee of the City. 20. Insurance. a. General Liability. Prior to starting the Work, Contractor shall procure, maintain and pay for such insurance as will protect against claims or loss which may arise out of operations by Contractor or by any subcontractor or by anyone employed by any of them or by anyone for whose acts any of them may be liable. Such insurance shall include, but not be limited to, minimum coverages and limits of liability specified in this Paragraph, required by law, or the insurance coverage actually obtained by Contractor, whichever is greater. b. Contractor shall procure and maintain the following minimum insurance coverages and limits of liability for the Work: Worker’s Compensation Statutory Limits Employer’s Liability $500,000 each accident $500,000 disease policy limit $500,000 disease each employee Commercial General $1,000,000 property damage and bodily Liability injury per occurrence $2,000,000 general aggregate $2,000,000 Products – Completed Operations Aggregate $100,000 fire legal liability each occurrence $5,000 medical expense Comprehensive Automobile Liability $1,000,000 combined single limit each accident (shall include coverage for all owned, hired and non-owed vehicles.) Umbrella or Excess Liability $1,000,000 c. Commercial General Liability. The Commercial General Liability Policy shall be on ISO form CG 00 01 12 07 or CG 00 01 04 13, or the equivalent. Such insurance shall cover liability arising from premises, operations, independent contractors, products-completed operations, personal and advertising injury, and liability assumed under an insured contract (including the tort liability of another assumed in a business contract). There shall be no endorsement or modification of the Commercial General Liability form arising from pollution, explosion, collapse, underground property damage or work performed by subcontractors. Standard Construction Contract (rev. 6/2024) Page 8 of 14 d. Contractor shall maintain “stop gap” coverage if Contractor obtains Workers’ Compensation coverage from any state fund if Employer’s liability coverage is not available. e. All policies, except the Worker’s Compensation Policy, shall name the “City of Eden Prairie” as an additional insured. f. All policies, except Worker’s Compensation Policy, and Professional Liability Policy, shall name the “City of Eden Prairie” as an additional insured including products and completed operations. g. All policies shall contain a waiver of subrogation in favor of the City. h. All General Liability policies, Automobile Liability policies, and Umbrella policies shall contain a waiver of subrogation in favor of the City. i. All polices, except the Worker’s Compensation Policy, shall insure the defense and indemnity obligations assumed by Contractor under this Contract. j. Contractor agrees to maintain all coverage required herein throughout the term of the Contract and for a minimum of two (2) years following City’s written acceptance of the Work. k. It shall be Contractor’s responsibility to pay any retention or deductible for the coverage’s required herein. l. All policies shall contain a provision or endorsement that coverages afforded thereunder shall not be cancelled or non-renewed or restrictive modifications added, without thirty (30) days’ prior notice to the City, except that if the cancellation or non-renewal is due to non-payment, the coverages may not be terminated or non-renewed without ten (10) days’ prior notice to the City. m. Contractor shall maintain in effect all insurance coverages required under this Paragraph at Contractor’s sole expense and with insurance companies licensed to do business in the state in Minnesota and having a current A.M. Best rating of no less than A-, unless specifically accepted by City in writing. n. A copy of the Contractor’s Certificate of Insurance which evidences the compliance with this Paragraph, must be filed with City prior to the start of Contractor’s Work. Upon request a copy of the Contractor’s insurance declaration page, Rider and/or Endorsement, as applicable shall be provided. Such documents evidencing Insurance shall be in a form acceptable to City and shall provide satisfactory evidence that Contractor has complied with all insurance requirements. Renewal certificates shall be provided to City prior to the expiration date of any of the required policies. City will not be obligated, however, to review such Certificate Standard Construction Contract (rev. 6/2024) Page 9 of 14 of Insurance, declaration page, Rider, Endorsement or certificates or other evidence of insurance, or to advise Contractor of any deficiencies in such documents and receipt thereof shall not relieve Contractor from, nor be deemed a waiver of, City’s right to enforce the terms of Contractor’s obligations hereunder. City reserves the right to examine any policy provided for under this paragraph. o. Effect of Contractor’s Failure to Provide Insurance. If Contractor fails to provide the specified insurance, then Contractor will defend, indemnify and hold harmless the City, the City's officials, agents and employees from any loss, claim, liability and expense (including reasonable attorney's fees and expenses of litigation) to the extent necessary to afford the same protection as would have been provided by the specified insurance. Except to the extent prohibited by law, this indemnity applies regardless of any strict liability or negligence attributable to the City (including sole negligence) and regardless of the extent to which the underlying occurrence (i.e., the event giving rise to a claim which would have been covered by the specified insurance) is attributable to the negligent or otherwise wrongful act or omission (including breach of contract) of Contractor, its subcontractors, agents, employees or delegates. Contractor agrees that this indemnity shall be construed and applied in favor of indemnification. Contractor also agrees that if applicable law limits or precludes any aspect of this indemnity, then the indemnity will be considered limited only to the extent necessary to comply with that applicable law. The stated indemnity continues until all applicable statutes of limitation have run. If a claim arises within the scope of the stated indemnity, the City may require Contractor to: i. Furnish and pay for a surety bond, satisfactory to the City, guaranteeing performance of the indemnity obligation; or ii. Furnish a written acceptance of tender of defense and indemnity from Contractor's insurance company. Contractor will take the action required by the City within fifteen (15) days of receiving notice from the City. 21. Indemnification. Contractor will defend and indemnify City, its officers, agents, and employees and hold them harmless from and against all judgments, claims, damages, costs and expenses, including a reasonable amount as and for its attorney’s fees paid, incurred or for which it may be liable resulting from any breach of this Contract by Contractor, its agents, contractors and employees, or any negligent or intentional act or omission performed, taken or not performed or taken by Contractor, its agents, contractors and employees, relative to this Contract. City will indemnify and hold Contractor harmless from and against any loss for injuries or damages arising out of the negligent acts of the City, its officers, agents or employees. 22. Ownership of Documents. All plans, diagrams, analyses, reports and information generated in connection with the performance of the Contract (“Information”) shall become the property of the City, but Contractor may retain copies of such documents as records of the Standard Construction Contract (rev. 6/2024) Page 10 of 14 services provided. The City may use the Information for its purposes and the Contractor also may use the Information for its purposes. Use of the Information for the purposes of the project contemplated by this Contract does not relieve any liability on the part of the Contractor, but any use of the Information by the City or the Contractor beyond the scope of this Contract is without liability to the other, and the party using the Information agrees to defend and indemnify the other from any claims or liability resulting therefrom. 23. Mediation. Each dispute, claim or controversy arising from or related to this agreement shall be subject to mediation as a condition precedent to initiating legal or equitable actions by either party. Unless the parties agree otherwise, the mediation shall be in accordance with the Commercial Mediation Procedures of the American Arbitration Association then currently in effect. A request for mediation shall be filed in writing with the American Arbitration Association and the other party. No legal or equitable action may be instituted for a period of 90 days from the filing of the request for mediation unless a longer period of time is provided by agreement of the parties. Cost of mediation shall be shared equally between the parties. Mediation shall be held in the City of Eden Prairie unless another location is mutually agreed upon by the parties. The parties shall memorialize any agreement resulting from the mediation in a mediated settlement agreement, which agreement shall be enforceable as a settlement in any court having jurisdiction thereof. GENERAL TERMS AND CONDITIONS 24. Assignment. Neither party shall assign this Contract, nor any interest arising herein, without the written consent of the other party. 25. Compliance with Laws and Regulations. In providing services hereunder, the Contractor shall abide by statutes, ordinances, rules, and regulations pertaining to the provisions of services to be provided. Any violation of statutes, ordinances, rules and regulations pertaining to the services to be provided shall constitute a material breach of this Contract and entitle the City to immediately terminate this Contract. 26. Conflicts. No salaried officer or employee of the City and no member of the Council of the City shall have a financial interest, direct or indirect, in this Contract. The violation of this provision renders the Contract void. 27. Counterparts. This Contract may be executed in multiple counterparts, each of which shall be considered an original. 28. Damages. In the event of a breach of this Contract by the City, Contractor shall not be entitled to recover punitive, special or consequential damages or damages for loss of business. 29. Employees. Contractor agrees not to hire any employee or former employee of City and City agrees not to hire any employee or former employee of Contractor prior to Standard Construction Contract (rev. 6/2024) Page 11 of 14 termination of this Contract and for one (1) year thereafter, without prior written consent of the former employer in each case. 30. Enforcement. The Contractor shall reimburse the City for all costs and expenses, including without limitation, attorneys' fees paid or incurred by the City in connection with the enforcement by the City during the term of this Contract or thereafter of any of the rights or remedies of the City under this Contract. 31. Entire Contract, Construction, Application and Interpretation. This Contract is in furtherance of the City’s public purpose mission and shall be construed, interpreted, and applied pursuant to and in conformance with the City's public purpose mission. The entire agreement of the parties is contained herein. This Contract supersedes all oral agreements and negotiations between the parties relating to the subject matter hereof as well as any previous agreements presently in effect between the parties relating to the subject matter hereof. Any alterations, amendments, deletions, or waivers of the provisions of this Contract shall be valid only when expressed in writing and duly signed by the parties, unless otherwise provided herein. 32. Governing Law. This Contract shall be controlled by the laws of the State of Minnesota. 33. Non-Discrimination. During the performance of this Contract, the Contractor shall not discriminate against any employee or applicants for employment because of race, color, creed, religion, national origin, sex, marital status, status with regard to public assistance, disability, sexual orientation or age. The Contractor shall post in places available to employees and applicants for employment, notices setting forth the provision of this non-discrimination clause and stating that all qualified applicants will receive consideration for employment. The Contractor shall incorporate the foregoing requirements of this paragraph in all of its subcontracts for program work, and will require all of its subcontractors for such work to incorporate such requirements in all subcontracts for program work. The Contractor further agrees to comply with all aspects of the Minnesota Human Rights Act, Minnesota Statutes 363.01, et. seq., Title VI of the Civil Rights Act of 1964, and the Americans with Disabilities Act of 1990. 34. Notice. Any notice required or permitted to be given by a party upon the other is given in accordance with this Contract if it is directed to either party by delivering it personally to an officer of the party, or if mailed in a sealed wrapper by United States registered or certified mail, return receipt requested, postage prepaid, or if deposited cost paid with a nationally recognized, reputable overnight courier, properly addressed to the address listed on page 1 hereof. Notices shall be deemed effective on the earlier of the date of receipt or the date of mailing or deposit as aforesaid, provided, however, that if notice is given by mail or deposit, that the time for response to any notice by the other party shall commence to run one business day after any such mailing or deposit. A party may change its address for the service of notice by giving written notice of such change to the other party, in any manner above specified, 10 days prior to the effective date of such change. Standard Construction Contract (rev. 6/2024) Page 12 of 14 35. Rights and Remedies. The duties and obligations imposed by this Contract and the rights and remedies available thereunder shall be in addition to and not a limitation of any duties, obligations, rights and remedies otherwise imposed or available by law. 36. Services Not Provided For. No claim for services furnished by the Contractor not specifically provided for herein shall be honored by the City. 37. Severability. The provisions of this Contract are severable. If any portion hereof is, for any reason, held by a court of competent jurisdiction to be contrary to law, such decision shall not affect the remaining provisions of this Contract. 38. Statutory Provisions. a. Audit Disclosure. In accordance with Minn. Stat. § 16C.05, subd. 5, the books, records, documents and accounting procedures and practices of the Contractor or other parties relevant to this Contract are subject to examination by the City and either the Legislative Auditor or the State Auditor for a period of six (6) years after the effective date of this Contract. This provision will survive the completion or termination of this Contract. b. Data Practices. Any reports, information, or data in any form given to, or prepared or assembled by the Contractor under this Contract which the City requests to be kept confidential, shall not be made available to any individual or organization without the City's prior written approval. This Contract is subject to the Minnesota Government Data Practices Act, Minnesota Statutes Chapter 13 (“MGDPA”). In accordance with Minn. Stat. § 13.05, subd. 11, to the extent this Contract requires Contractor to perform any function of the City, all government data, as defined in Minn. Stat. § 13.02, subd. 7, which is created, collected, received, stored, used, maintained, or disseminated by Contractor in performing any of the functions of the City during performance of this Contract is subject to the requirements of the MGDPA and Contractor shall comply with those requirements as if it were a government entity. All subcontracts entered into by Contractor in relation to this Contract shall contain similar MGDPA compliance language. These obligations will survive the completion or termination of the Contract. 39. Waiver. Any waiver by either party of a breach of any provisions of this Contract shall not affect, in any respect, the validity of the remainder of this Contract. Executed as of the day and year first written above. Standard Construction Contract (rev. 6/2024) Page 13 of 14 CITY OF EDEN PRAIRIE __________________________________ Mayor ___________________________________ City Manager CONTRACTOR By: ________________________________ Its: ________________________________ Secretary Standard Construction Contract (rev. 6/2024) Page 14 of 14 EXHIBIT A Proposal/Scope of Work City Council Agenda Cover Memo Date: May 6, 2025 Section: Consent Calendar Item Number: VII.J. Department: Parks and Recreation – Tyler Menden ITEM DESCRIPTION Miller Park, located adjacent to Mitchell Lake, is a highly utilized community park featuring an inclusive playground. The current fencing around the playground is deteriorated and only partially encloses the area. The proposed project involves the installation of a new decorative yet functional fence that will fully enclose the playground. This improvement is intended to enhance visitor safety, particularly for children and individuals with disabilities, by providing a secure barrier between the playground and the nearby body of water. The project will not only improve safety but also enhance the overall experience and accessibility for all park users. REQUESTED ACTION Move to: Approve the installation of the proposed fence by Dinius Fence, LLC. for the amount of $27,410.00. SUMMARY Miller Park has been a great addition to our community, promoting play and interaction among children and adults of all abilities. However, its proximity to Mitchell Lake presents safety concerns, particularly for younger children and individuals with mobility challenges. This improvement would demonstrate Eden Prairie’s ongoing commitment to creating safe, inclusive and enjoyable spaces for all residents and visitors. Bid Summary and Recommendation The summary of the bids submitted is as follows: Dinius Fence, LLC - $27,410.00 Tennis West, LLC - $29,879.88 ATTACHMENTS Standard Construction Contract (rev. 6/2024) Construction Contract This Contract (“Contract”) is made on the 6th day of May 2025, between the City of Eden Prairie, Minnesota (hereinafter "City"), whose business address is 8080 Mitchell Road, Eden Prairie, MN 55344, and Dinius Fence, LLC a Minnesota company (hereinafter "Contractor”) whose business address is 18291 Territorial Road #2 Maple Grove, MN 55369. Preliminary Statement The City has adopted a policy regarding the selection and hiring of contractors to provide a variety of services for City projects. That policy requires that persons, firms or corporations providing such services enter into written agreements with the City. The purpose of this contract is to set forth the terms and conditions for the provision of services by Contractor for Miller Park Playground Fence Enclosure Project hereinafter referred to as the "Work". The City and Contractor agree as follows: 1. Scope of Work/Proposal. The Contractor agrees to provide, perform and complete all the provisions of the Work in accordance with attached Exhibit A. Any general or specific conditions, terms, agreements, contractor or industry proposal, or contract terms attached to, or a part of Exhibit A, are declined in full and, accordingly, are deleted and shall not be in effect in any manner. 2. Time of Commencement and Completion. The Work to be performed under this Contract shall be commenced May 6th , 2025. The Work shall be completed by July 31st, 2025. 3. Compensation for Services. City agrees to pay the Contractor a fixed sum of $27,410.00 as full and complete payment for the labor, materials and services rendered pursuant to this Contract and as described in Exhibit A. a. Any changes in the scope of the work which may result in an increase to the compensation due the Contractor shall require prior written approval by an authorized representative of the City or by the City Council. The City will not pay additional compensation for services that do not have prior written authorization. b. If Contractor is delayed in performance due to any cause beyond its reasonable control, including but not limited to strikes, riots, fires, acts of God, governmental actions, actions of a third party, or actions or inactions of City, the time for performance shall be extended by a period of time lost by reason of the delay. Contractor will be entitled to payment for its reasonable additional charges, if any, due to the delay. Standard Construction Contract (rev. 6/2024) Page 2 of 14 4. Method of Payment. The Contractor shall submit to the City, on a monthly basis, an itemized invoice for services performed under this Contract. Invoices submitted shall be paid in the same manner as other claims made to the City. a. Invoices. Contractor shall verify all statements submitted for payment in compliance with Minnesota Statutes Sections 471.38 and 471.391. For reimbursable expenses, if provided for in Exhibit A, the Contractor shall provide an itemized listing and such documentation as reasonably required by the City. Each invoice shall contain the City’s project number and a progress summary showing the original (or amended) amount of the contract, current billing, past payments and unexpended balance of the contract. Each invoice shall be accompanied by general lien waiver and further lien waivers from all subcontractors on the project waiving liens for work for which payment was requested by Contractor and paid for by City on the preceding invoice. b. Claims. By making the claim for payment, the person making the claim is declaring that the account, claim, or demand is just and correct and that no part of it has been paid. c. Final Payment. Contractor’s request for final payment shall be accompanied by Contractor’s affidavit that all payrolls, bills for materials and equipment, and other indebtedness connected with the Work for which the City or its property might in any way be responsible, have been paid or otherwise satisfied. Final payment, constituting the entire unpaid balance of the Contract Sum, shall be paid by the City to the Contractor when the Work has been completed, the Contract fully performed, and the City accepts the Work in writing. The acceptance of final payment shall constitute a waiver of all claims by the Contractor except those previously made in writing and identified by the Contractor as unsettled at the time of Application for Final Payment. d. Income Tax Withholding. No final payment shall be made to the Contractor until the Contractor has provided satisfactory evidence to the City that the Contractor and each of its subcontracts has complied with the provisions of Minn. Stat. Section 290.92 relating to withholding of income taxes upon wages. A certificate from the Commissioner of Revenue shall satisfy this requirement. 5. Standard of Care. Contractor shall exercise the same degree of care, skill and diligence in the performance of its services as is ordinarily exercised by members of the profession under similar circumstances in Hennepin County, Minnesota. Contractor shall be liable to the fullest extent permitted under applicable law, without limitation, for any injuries, loss, or damages proximately caused by Contractor's breach of this standard of care. Contractor shall put forth reasonable efforts to complete its duties in a timely manner. Contractor shall not be responsible for delays caused by factors beyond its control or that could not be reasonably foreseen at the time of execution of this Contract. Contractor shall be responsible for costs, delays or damages arising from unreasonable delays in the performance of its duties. Standard Construction Contract (rev. 6/2024) Page 3 of 14 6. Project Manager and Staffing. The Contractor shall designate a Project Manager and notify the City in writing of the identity of the Project Manager before starting work on the Project. The Project Manager shall be assisted by other staff members as necessary to facilitate the completion of the Work in accordance with the terms established herein. Contractor may not remove or replace the Project Manager without the approval of the City. 7. Condition and Inspection. All goods and other materials furnished under this Contract shall be new and in current manufacture, unless otherwise specified, and all goods and work shall be of good quality, free from faults and defects and in conformance with this Contract. All goods and work not conforming to these requirements shall be considered defective. Goods shall be subject to inspection and testing by the City. Defective goods or goods not in current manufacture may be returned to the Contractor at the Contractor’s expense. 8. Correction of Work. The Contractor shall promptly correct all Work rejected by the City as defective or as failing to conform under this Contract whether observed before or after completion of the Work and whether or not fabricated, installed or completed. The Contractor shall bear all costs of correcting such rejected Work. 9. Warranty. The Contractor expressly warrants and guarantees to the City that all Work performed and all materials furnished shall be in accord with the Contract and shall be free from defects in materials, workmanship, and operation which appear within a period of one year, or within such longer period as may be prescribed by law or in the terms of the Contract, from the date of City’s written acceptance of the Work. The City’s rights under the Contractor’s warranty are not the City’s exclusive remedy. The City shall have all other remedies available under this Contract, at law or in equity. Should any defects develop in the materials, workmanship or operation of the system within the specified period, upon notice from the City, the Contractor agrees, within ten (10) calendar days after receiving written notice and without expense to the City, to repair, replace and in general to perform all necessary corrective Work with regard to the defective or nonconforming Work or materials to the satisfaction of the City. THE FOREGOING SHALL NOT IN ANY MANNER LIMIT THE CITY’S REMEDY OR THE CONTRACTOR’S LIABILITY TO THOSE DEFECTS APPEARING WITHIN THE WARRANTY PERIOD. The Contractor agrees to perform the Work in a manner and at a time so as to minimize any damages sustained by the City and so as to not interfere with or in any way disrupt the operation of the City or the public. The corrective Work referred to above shall include without limitation, (a) the cost of removing the defective or nonconforming Work and materials from the site, (b) the cost of correcting all Work of other Contractors destroyed or damaged by defective or nonconforming Work and materials including the cost of removal of such damaged Work and materials form the site, and (c) the cost of correcting all damages to Work of other Contractors caused by the removal of the defective or nonconforming Work or materials. The Contractor shall post bonds to secure the warranties. Standard Construction Contract (rev. 6/2024) Page 4 of 14 10. Private Property. The Contractor shall not enter upon private property for any purpose without having previously obtained permission from the City. The Contractor shall be responsible for the preservation of, and shall use every precaution to prevent damage to all trees, shrubbery, plants, lawns, fences, culverts, bridges, pavements, driveways, sidewalks, etc.; all water, sewer and gas lines; all conduits; all overhead pole lines or appurtenances thereof; and all other public or private property along or adjacent to the work. 11. Removal of Construction Equipment, Tools and Supplies. At the termination of this Contract, before acceptance of the Work by the City, the Contractor shall remove all of Contractor’s equipment, tools and supplies from the property of the City. Should the Contractor fail to remove such equipment, tools and supplies, the City shall have the right to remove them and deduct the cost of removal from any amount owed to Contractor. 12. Suspension of Work by City. The City may at any time suspend the Work, or any part thereof, by giving ten (10) days' notice to the Contractor in writing. The work shall be resumed by the Contractor within ten (10) days after the date fixed in the written notice from the City to the Contractor to resume. If the City’s suspension of all or part of the Work causes additional expenses not due to the fault or negligence of the Contractor, the City shall reimburse the Contractor for the additional expense incurred due to suspension of the work. Claims for such compensation, with complete substantiating records, shall be filed with the City within ten (10) days after the date of order to resume Work in order to receive consideration. This paragraph shall not be construed as entitling the Contractor to compensation for delays due to inclement weather, failure to furnish additional surety or sureties specified herein, for suspension made at the request of the Contractor, or for any other delay provided for in this Contract. 13. City’s Right to Carry Out the Work. If the Contractor defaults or neglects to carry out the Work in accordance with the Contract or fails to perform any provisions of the Contract, the City may, after ten (10) days written notice to the Contractor and without prejudice to any other remedy the City may have, make good such deficiencies. In such case an appropriate Change Order shall be issued deducting from the payment then or thereafter due the Contractor the cost of correcting such deficiencies. If the payments then or thereafter due the Contractor are not sufficient to cover such amount, the Contractor shall pay the difference to the City. 14. City’s Right to Terminate Contract and Complete the Work. The City has the right to terminate this Contract for any of the following reasons: a. The Contractor is adjudged bankrupt, makes a general assignment for the benefit of creditors, or becomes insolvent; b. Failure of Contractor to supply adequate properly skilled workmen or proper materials; c. Failure of Contractor to make prompt payment to subcontractor for material or labor; d. Any disregard of laws, ordinances or proper instructions of the City; e. Assignment or work without permission of the City; Standard Construction Contract (rev. 6/2024) Page 5 of 14 f. Abandonment of the work by Contractor; g. Failure to meet the work progress schedule set forth in this Contract; h. Unnecessary delay which, in the judgment of the City, will result in the work not being completed in the prescribed time. Termination of the Contract shall be preceded by ten (10) days written notice by the City to the Contractor and its surety stating the grounds for termination and the measures, if any, which must be taken to assure compliance with the Contract. The Contract shall be terminated at the expiration of such ten (10) day period unless the City Council shall withdraw its notice of termination. Upon termination of the Contract by the City, the City may, without prejudice to any other remedy the City may have, take possession of the site and of all materials, equipment, tools, construction equipment and machinery thereon owned by the Contractor and may finish the Work by whatever methods the City may deem expedient at the Contractor’s expense. Upon Contract termination, the Contractor shall not be entitled to receive any further payment until the Work is finished. If the unpaid balance of the contract price exceeds the expense of finishing the Work, including compensation for additional managerial and administrative services, the excess shall be paid to the Contractor. If such expense exceeds the unpaid balance, the Contractor shall pay the difference to the City. In the event that the Contractor abandons the Work, fails or refuses to complete the Work or fails to pay just claims for labor or material, the City reserves the right to charge against the Contractor all legal, engineering, or other costs resulting from such abandonment, failure or refusal. Legal costs will include the City's cost of prosecuting or defending any suit in connection with such abandonment, failure or refusal, and non-payment of claims wherein the City is made co-defendant, and the Contractor agrees to pay all costs, including reasonable attorney's fees. 15. Contractor’s Right to Terminate Contract. The Contractor may terminate this Contract upon ten (10) days written notice to the City for any of the following reasons: a. If an order of any court or other public authority caused the Work to be stopped or suspended for a period of 90 days through no act or fault of the Contractor or its employees. b. If the City should fail to pay any undisputed sum owed Contractor within forty-five (45) days after the sum becomes due. 16. Performance and Payment Bonds. The Contractor shall post a Performance and Payment Bond each in an amount equal to one hundred percent (100%) of the payments due Contractor to insure the prompt and faithful performance of this Contract by Contractor and to insure prompt payment to the subcontractor and suppliers of the Contractor. The Bonds Standard Construction Contract (rev. 6/2024) Page 6 of 14 shall be in a form approved by the City. Contractor shall provide the Bond to the City before commencing work and together with the executed contract document. If the Performance and/or Payment Bond are not submitted as provided herein, this Contract shall be considered void. [BONDS ARE REQUIRED FOR A CONSTRUCTION CONTRACT THAT IS $175,000 OR MORE; THEY ARE OPTIONAL FOR ANY CONTRACT THAT IS LESS THAN $175,000] 17. Subcontractor. The Contractor shall bind every subcontractor and every subcontractor shall agree to be bound by the terms of this Contract as far as applicable to its work, unless specifically noted to the contrary in a subcontract approved in writing as adequate by the City. The Contractor shall pay any subcontractor involved in the performance of this Contract within the ten (10) days of the Contractor's receipt of payment by the City for undisputed services provided by the subcontractor. If the Contractor fails within that time to pay the subcontractor any undisputed amount for which the Contractor has received payment by the City, the Contractor shall pay interest to the subcontractor on the unpaid amount at the rate of 1.5 percent per month or any part of a month. The minimum monthly interest penalty payment for an unpaid balance of $100 or more is $10. For an unpaid balance of less than $100, the Contractor shall pay the actual interest penalty due to the subcontractor. A subcontractor who prevails in a civil action to collect interest penalties from the Contractor shall be awarded its costs and disbursements, including attorney's fees, incurred in bringing the action. 18. Responsible Contractor Contractor warrants under oath that Contractor is in compliance with the minimum criteria required of a “responsible contractor” as that term is defined in Minnesota Statutes § 16C.285, subd. 3. Contractor has provided to City a list of all of its first-tier subcontractors and motor carriers that it intends to retain for work on the project. The Contractor has obtained from all subcontractors and motor carriers with which it will have a direct contractual relationship a signed statement under oath by an owner or officer verifying that the subcontractor or motor carrier meets all of the minimum criteria in § 16C.285, subd. 3. If Contractor retains additional subcontractors or motor carriers on the project after submitting its verification of compliance, the Contractor shall obtain verification of compliance from each additional subcontractor and motor carrier with which it has a direct contractual relationship and shall submit to the City a supplemental verification confirming the subcontractor’s and motor carrier’s compliance with subdivision 3, clause (7), within 14 days of retaining the additional subcontractors or motor carriers. Contractor shall submit to the City upon request copies of the signed verifications of compliance from all subcontractors and motor carriers of any tier pursuant to Minn. Stat. § 16C.285, subd. 3(7). A false statement under oath, by Contractor, subcontractor, or motor carrier, verifying compliance with any of the minimum criteria may result in termination of the Contract. 19. Independent Contractor. Contractor is an independent contractor engaged by City to perform the services described herein and as such (i) shall employ such persons as it shall Standard Construction Contract (rev. 6/2024) Page 7 of 14 deem necessary and appropriate for the performance of its obligations pursuant to this Contract, who shall be employees, and under the direction, of Contractor and in no respect employees of City, and (ii) shall have no authority to employ persons, or make purchases of equipment on behalf of City, or otherwise bind or obligate City. No statement herein shall be construed so as to find the Contractor an employee of the City. 20. Insurance. a. General Liability. Prior to starting the Work, Contractor shall procure, maintain and pay for such insurance as will protect against claims or loss which may arise out of operations by Contractor or by any subcontractor or by anyone employed by any of them or by anyone for whose acts any of them may be liable. Such insurance shall include, but not be limited to, minimum coverages and limits of liability specified in this Paragraph, required by law, or the insurance coverage actually obtained by Contractor, whichever is greater. b. Contractor shall procure and maintain the following minimum insurance coverages and limits of liability for the Work: Worker’s Compensation Statutory Limits Employer’s Liability $500,000 each accident $500,000 disease policy limit $500,000 disease each employee Commercial General $1,000,000 property damage and bodily Liability injury per occurrence $2,000,000 general aggregate $2,000,000 Products – Completed Operations Aggregate $100,000 fire legal liability each occurrence $5,000 medical expense Comprehensive Automobile Liability $1,000,000 combined single limit each accident (shall include coverage for all owned, hired and non-owed vehicles.) Umbrella or Excess Liability $1,000,000 c. Commercial General Liability. The Commercial General Liability Policy shall be on ISO form CG 00 01 12 07 or CG 00 01 04 13, or the equivalent. Such insurance shall cover liability arising from premises, operations, independent contractors, products-completed operations, personal and advertising injury, and liability assumed under an insured contract (including the tort liability of another assumed in a business contract). There shall be no endorsement or modification of the Commercial General Liability form arising from pollution, explosion, collapse, underground property damage or work performed by subcontractors. Standard Construction Contract (rev. 6/2024) Page 8 of 14 d. Contractor shall maintain “stop gap” coverage if Contractor obtains Workers’ Compensation coverage from any state fund if Employer’s liability coverage is not available. e. All policies, except the Worker’s Compensation Policy, shall name the “City of Eden Prairie” as an additional insured. f. All policies, except Worker’s Compensation Policy, and Professional Liability Policy, shall name the “City of Eden Prairie” as an additional insured including products and completed operations. g. All policies shall contain a waiver of subrogation in favor of the City. h. All General Liability policies, Automobile Liability policies, and Umbrella policies shall contain a waiver of subrogation in favor of the City. i. All polices, except the Worker’s Compensation Policy, shall insure the defense and indemnity obligations assumed by Contractor under this Contract. j. Contractor agrees to maintain all coverage required herein throughout the term of the Contract and for a minimum of two (2) years following City’s written acceptance of the Work. k. It shall be Contractor’s responsibility to pay any retention or deductible for the coverage’s required herein. l. All policies shall contain a provision or endorsement that coverages afforded thereunder shall not be cancelled or non-renewed or restrictive modifications added, without thirty (30) days’ prior notice to the City, except that if the cancellation or non-renewal is due to non-payment, the coverages may not be terminated or non-renewed without ten (10) days’ prior notice to the City. m. Contractor shall maintain in effect all insurance coverages required under this Paragraph at Contractor’s sole expense and with insurance companies licensed to do business in the state in Minnesota and having a current A.M. Best rating of no less than A-, unless specifically accepted by City in writing. n. A copy of the Contractor’s Certificate of Insurance which evidences the compliance with this Paragraph, must be filed with City prior to the start of Contractor’s Work. Upon request a copy of the Contractor’s insurance declaration page, Rider and/or Endorsement, as applicable shall be provided. Such documents evidencing Insurance shall be in a form acceptable to City and shall provide satisfactory evidence that Contractor has complied with all insurance requirements. Renewal certificates shall be provided to City prior to the expiration date of any of the required policies. City will not be obligated, however, to review such Certificate Standard Construction Contract (rev. 6/2024) Page 9 of 14 of Insurance, declaration page, Rider, Endorsement or certificates or other evidence of insurance, or to advise Contractor of any deficiencies in such documents and receipt thereof shall not relieve Contractor from, nor be deemed a waiver of, City’s right to enforce the terms of Contractor’s obligations hereunder. City reserves the right to examine any policy provided for under this paragraph. o. Effect of Contractor’s Failure to Provide Insurance. If Contractor fails to provide the specified insurance, then Contractor will defend, indemnify and hold harmless the City, the City's officials, agents and employees from any loss, claim, liability and expense (including reasonable attorney's fees and expenses of litigation) to the extent necessary to afford the same protection as would have been provided by the specified insurance. Except to the extent prohibited by law, this indemnity applies regardless of any strict liability or negligence attributable to the City (including sole negligence) and regardless of the extent to which the underlying occurrence (i.e., the event giving rise to a claim which would have been covered by the specified insurance) is attributable to the negligent or otherwise wrongful act or omission (including breach of contract) of Contractor, its subcontractors, agents, employees or delegates. Contractor agrees that this indemnity shall be construed and applied in favor of indemnification. Contractor also agrees that if applicable law limits or precludes any aspect of this indemnity, then the indemnity will be considered limited only to the extent necessary to comply with that applicable law. The stated indemnity continues until all applicable statutes of limitation have run. If a claim arises within the scope of the stated indemnity, the City may require Contractor to: i. Furnish and pay for a surety bond, satisfactory to the City, guaranteeing performance of the indemnity obligation; or ii. Furnish a written acceptance of tender of defense and indemnity from Contractor's insurance company. Contractor will take the action required by the City within fifteen (15) days of receiving notice from the City. 21. Indemnification. Contractor will defend and indemnify City, its officers, agents, and employees and hold them harmless from and against all judgments, claims, damages, costs and expenses, including a reasonable amount as and for its attorney’s fees paid, incurred or for which it may be liable resulting from any breach of this Contract by Contractor, its agents, contractors and employees, or any negligent or intentional act or omission performed, taken or not performed or taken by Contractor, its agents, contractors and employees, relative to this Contract. City will indemnify and hold Contractor harmless from and against any loss for injuries or damages arising out of the negligent acts of the City, its officers, agents or employees. 22. Ownership of Documents. All plans, diagrams, analyses, reports and information generated in connection with the performance of the Contract (“Information”) shall become the property of the City, but Contractor may retain copies of such documents as records of the Standard Construction Contract (rev. 6/2024) Page 10 of 14 services provided. The City may use the Information for its purposes and the Contractor also may use the Information for its purposes. Use of the Information for the purposes of the project contemplated by this Contract does not relieve any liability on the part of the Contractor, but any use of the Information by the City or the Contractor beyond the scope of this Contract is without liability to the other, and the party using the Information agrees to defend and indemnify the other from any claims or liability resulting therefrom. 23. Mediation. Each dispute, claim or controversy arising from or related to this agreement shall be subject to mediation as a condition precedent to initiating legal or equitable actions by either party. Unless the parties agree otherwise, the mediation shall be in accordance with the Commercial Mediation Procedures of the American Arbitration Association then currently in effect. A request for mediation shall be filed in writing with the American Arbitration Association and the other party. No legal or equitable action may be instituted for a period of 90 days from the filing of the request for mediation unless a longer period of time is provided by agreement of the parties. Cost of mediation shall be shared equally between the parties. Mediation shall be held in the City of Eden Prairie unless another location is mutually agreed upon by the parties. The parties shall memorialize any agreement resulting from the mediation in a mediated settlement agreement, which agreement shall be enforceable as a settlement in any court having jurisdiction thereof. GENERAL TERMS AND CONDITIONS 24. Assignment. Neither party shall assign this Contract, nor any interest arising herein, without the written consent of the other party. 25. Compliance with Laws and Regulations. In providing services hereunder, the Contractor shall abide by statutes, ordinances, rules, and regulations pertaining to the provisions of services to be provided. Any violation of statutes, ordinances, rules and regulations pertaining to the services to be provided shall constitute a material breach of this Contract and entitle the City to immediately terminate this Contract. 26. Conflicts. No salaried officer or employee of the City and no member of the Council of the City shall have a financial interest, direct or indirect, in this Contract. The violation of this provision renders the Contract void. 27. Counterparts. This Contract may be executed in multiple counterparts, each of which shall be considered an original. 28. Damages. In the event of a breach of this Contract by the City, Contractor shall not be entitled to recover punitive, special or consequential damages or damages for loss of business. 29. Employees. Contractor agrees not to hire any employee or former employee of City and City agrees not to hire any employee or former employee of Contractor prior to Standard Construction Contract (rev. 6/2024) Page 11 of 14 termination of this Contract and for one (1) year thereafter, without prior written consent of the former employer in each case. 30. Enforcement. The Contractor shall reimburse the City for all costs and expenses, including without limitation, attorneys' fees paid or incurred by the City in connection with the enforcement by the City during the term of this Contract or thereafter of any of the rights or remedies of the City under this Contract. 31. Entire Contract, Construction, Application and Interpretation. This Contract is in furtherance of the City’s public purpose mission and shall be construed, interpreted, and applied pursuant to and in conformance with the City's public purpose mission. The entire agreement of the parties is contained herein. This Contract supersedes all oral agreements and negotiations between the parties relating to the subject matter hereof as well as any previous agreements presently in effect between the parties relating to the subject matter hereof. Any alterations, amendments, deletions, or waivers of the provisions of this Contract shall be valid only when expressed in writing and duly signed by the parties, unless otherwise provided herein. 32. Governing Law. This Contract shall be controlled by the laws of the State of Minnesota. 33. Non-Discrimination. During the performance of this Contract, the Contractor shall not discriminate against any employee or applicants for employment because of race, color, creed, religion, national origin, sex, marital status, status with regard to public assistance, disability, sexual orientation or age. The Contractor shall post in places available to employees and applicants for employment, notices setting forth the provision of this non-discrimination clause and stating that all qualified applicants will receive consideration for employment. The Contractor shall incorporate the foregoing requirements of this paragraph in all of its subcontracts for program work, and will require all of its subcontractors for such work to incorporate such requirements in all subcontracts for program work. The Contractor further agrees to comply with all aspects of the Minnesota Human Rights Act, Minnesota Statutes 363.01, et. seq., Title VI of the Civil Rights Act of 1964, and the Americans with Disabilities Act of 1990. 34. Notice. Any notice required or permitted to be given by a party upon the other is given in accordance with this Contract if it is directed to either party by delivering it personally to an officer of the party, or if mailed in a sealed wrapper by United States registered or certified mail, return receipt requested, postage prepaid, or if deposited cost paid with a nationally recognized, reputable overnight courier, properly addressed to the address listed on page 1 hereof. Notices shall be deemed effective on the earlier of the date of receipt or the date of mailing or deposit as aforesaid, provided, however, that if notice is given by mail or deposit, that the time for response to any notice by the other party shall commence to run one business day after any such mailing or deposit. A party may change its address for the service of notice by giving written notice of such change to the other party, in any manner above specified, 10 days prior to the effective date of such change. Standard Construction Contract (rev. 6/2024) Page 12 of 14 35. Rights and Remedies. The duties and obligations imposed by this Contract and the rights and remedies available thereunder shall be in addition to and not a limitation of any duties, obligations, rights and remedies otherwise imposed or available by law. 36. Services Not Provided For. No claim for services furnished by the Contractor not specifically provided for herein shall be honored by the City. 37. Severability. The provisions of this Contract are severable. If any portion hereof is, for any reason, held by a court of competent jurisdiction to be contrary to law, such decision shall not affect the remaining provisions of this Contract. 38. Statutory Provisions. a. Audit Disclosure. In accordance with Minn. Stat. § 16C.05, subd. 5, the books, records, documents and accounting procedures and practices of the Contractor or other parties relevant to this Contract are subject to examination by the City and either the Legislative Auditor or the State Auditor for a period of six (6) years after the effective date of this Contract. This provision will survive the completion or termination of this Contract. b. Data Practices. Any reports, information, or data in any form given to, or prepared or assembled by the Contractor under this Contract which the City requests to be kept confidential, shall not be made available to any individual or organization without the City's prior written approval. This Contract is subject to the Minnesota Government Data Practices Act, Minnesota Statutes Chapter 13 (“MGDPA”). In accordance with Minn. Stat. § 13.05, subd. 11, to the extent this Contract requires Contractor to perform any function of the City, all government data, as defined in Minn. Stat. § 13.02, subd. 7, which is created, collected, received, stored, used, maintained, or disseminated by Contractor in performing any of the functions of the City during performance of this Contract is subject to the requirements of the MGDPA and Contractor shall comply with those requirements as if it were a government entity. All subcontracts entered into by Contractor in relation to this Contract shall contain similar MGDPA compliance language. These obligations will survive the completion or termination of the Contract. 39. Waiver. Any waiver by either party of a breach of any provisions of this Contract shall not affect, in any respect, the validity of the remainder of this Contract. Executed as of the day and year first written above. Standard Construction Contract (rev. 6/2024) Page 13 of 14 CITY OF EDEN PRAIRIE __________________________________ Mayor ___________________________________ City Manager CONTRACTOR By: ________________________________ Its: ________________________________ Standard Construction Contract (rev. 6/2024) Page 14 of 14 EXHIBIT A Proposal/Scope of Work City Council Agenda Cover Memo Date: May 6, 2025 Section: Consent Calendar Item Number: VII.K. Department: Parks and Recreation – Tyler Menden ITEM DESCRIPTION Staff is requesting City Council approval to replace existing deteriorating fencing at Riley Lake volleyball courts with new 10-foot-high fencing. The proposal also includes the installation of functional gates for improved access and usability, as well as the addition of extra fencing along the perimeter to prevent volleyballs from entering adjacent wooded areas. REQUESTED ACTION Approve the replacement of existing fencing with 10-foot-high fencing at the volleyball court, including the installation of new gates and additional perimeter fencing to enhance safety and functionality. Dinius Fence, LLC proposal of $31,410.00. SUMMARY Riley Lake volleyball courts are highly utilized, regularly hosting high school leagues, recreational play and competitive league matches. The current fencing surrounding Riley Lake volleyball courts is outdated, insufficient in height and does not effectively contain gameplay within the court boundaries. Balls frequently escape the playing surface, often ending up in nearby woods or parking lot, creating inconvenience and safety concerns. Bid Summary and Recommendation The summary of the bids submitted is as follows: Dinius Fence, LLC $31,410.00 Tennis West, LLC $33,705.45 ATTACHMENTS Standard Construction Contract (rev. 6/2024) Construction Contract This Contract (“Contract”) is made on the 6th day of May 2025, between the City of Eden Prairie, Minnesota (hereinafter "City"), whose business address is 8080 Mitchell Road, Eden Prairie, MN 55344, and Dinius Fence, LLC a Minnesota company (hereinafter "Contractor”) whose business address is 18291 Territorial Road #2 Maple Grove, MN 55369. Preliminary Statement The City has adopted a policy regarding the selection and hiring of contractors to provide a variety of services for City projects. That policy requires that persons, firms or corporations providing such services enter into written agreements with the City. The purpose of this contract is to set forth the terms and conditions for the provision of services by Contractor for Riley Lake Volleyball Fence Project hereinafter referred to as the "Work". The City and Contractor agree as follows: 1. Scope of Work/Proposal. The Contractor agrees to provide, perform and complete all the provisions of the Work in accordance with attached Exhibit A. Any general or specific conditions, terms, agreements, contractor or industry proposal, or contract terms attached to, or a part of Exhibit A, are declined in full and, accordingly, are deleted and shall not be in effect in any manner. 2. Time of Commencement and Completion. The Work to be performed under this Contract shall be commenced May 6th, 2025. The Work shall be completed by October 31st, 2025. 3. Compensation for Services. City agrees to pay the Contractor a fixed sum of $31,410.00 as full and complete payment for the labor, materials and services rendered pursuant to this Contract and as described in Exhibit A. a. Any changes in the scope of the work which may result in an increase to the compensation due the Contractor shall require prior written approval by an authorized representative of the City or by the City Council. The City will not pay additional compensation for services that do not have prior written authorization. b. If Contractor is delayed in performance due to any cause beyond its reasonable control, including but not limited to strikes, riots, fires, acts of God, governmental actions, actions of a third party, or actions or inactions of City, the time for performance shall be extended by a period of time lost by reason of the delay. Contractor will be entitled to payment for its reasonable additional charges, if any, due to the delay. Standard Construction Contract (rev. 6/2024) Page 2 of 14 4. Method of Payment. The Contractor shall submit to the City, on a monthly basis, an itemized invoice for services performed under this Contract. Invoices submitted shall be paid in the same manner as other claims made to the City. a. Invoices. Contractor shall verify all statements submitted for payment in compliance with Minnesota Statutes Sections 471.38 and 471.391. For reimbursable expenses, if provided for in Exhibit A, the Contractor shall provide an itemized listing and such documentation as reasonably required by the City. Each invoice shall contain the City’s project number and a progress summary showing the original (or amended) amount of the contract, current billing, past payments and unexpended balance of the contract. Each invoice shall be accompanied by general lien waiver and further lien waivers from all subcontractors on the project waiving liens for work for which payment was requested by Contractor and paid for by City on the preceding invoice. b. Claims. By making the claim for payment, the person making the claim is declaring that the account, claim, or demand is just and correct and that no part of it has been paid. c. Final Payment. Contractor’s request for final payment shall be accompanied by Contractor’s affidavit that all payrolls, bills for materials and equipment, and other indebtedness connected with the Work for which the City or its property might in any way be responsible, have been paid or otherwise satisfied. Final payment, constituting the entire unpaid balance of the Contract Sum, shall be paid by the City to the Contractor when the Work has been completed, the Contract fully performed, and the City accepts the Work in writing. The acceptance of final payment shall constitute a waiver of all claims by the Contractor except those previously made in writing and identified by the Contractor as unsettled at the time of Application for Final Payment. d. Income Tax Withholding. No final payment shall be made to the Contractor until the Contractor has provided satisfactory evidence to the City that the Contractor and each of its subcontracts has complied with the provisions of Minn. Stat. Section 290.92 relating to withholding of income taxes upon wages. A certificate from the Commissioner of Revenue shall satisfy this requirement. 5. Standard of Care. Contractor shall exercise the same degree of care, skill and diligence in the performance of its services as is ordinarily exercised by members of the profession under similar circumstances in Hennepin County, Minnesota. Contractor shall be liable to the fullest extent permitted under applicable law, without limitation, for any injuries, loss, or damages proximately caused by Contractor's breach of this standard of care. Contractor shall put forth reasonable efforts to complete its duties in a timely manner. Contractor shall not be responsible for delays caused by factors beyond its control or that could not be reasonably foreseen at the time of execution of this Contract. Contractor shall be responsible for costs, delays or damages arising from unreasonable delays in the performance of its duties. Standard Construction Contract (rev. 6/2024) Page 3 of 14 6. Project Manager and Staffing. The Contractor shall designate a Project Manager and notify the City in writing of the identity of the Project Manager before starting work on the Project. The Project Manager shall be assisted by other staff members as necessary to facilitate the completion of the Work in accordance with the terms established herein. Contractor may not remove or replace the Project Manager without the approval of the City. 7. Condition and Inspection. All goods and other materials furnished under this Contract shall be new and in current manufacture, unless otherwise specified, and all goods and work shall be of good quality, free from faults and defects and in conformance with this Contract. All goods and work not conforming to these requirements shall be considered defective. Goods shall be subject to inspection and testing by the City. Defective goods or goods not in current manufacture may be returned to the Contractor at the Contractor’s expense. 8. Correction of Work. The Contractor shall promptly correct all Work rejected by the City as defective or as failing to conform under this Contract whether observed before or after completion of the Work and whether or not fabricated, installed or completed. The Contractor shall bear all costs of correcting such rejected Work. 9. Warranty. The Contractor expressly warrants and guarantees to the City that all Work performed and all materials furnished shall be in accord with the Contract and shall be free from defects in materials, workmanship, and operation which appear within a period of one year, or within such longer period as may be prescribed by law or in the terms of the Contract, from the date of City’s written acceptance of the Work. The City’s rights under the Contractor’s warranty are not the City’s exclusive remedy. The City shall have all other remedies available under this Contract, at law or in equity. Should any defects develop in the materials, workmanship or operation of the system within the specified period, upon notice from the City, the Contractor agrees, within ten (10) calendar days after receiving written notice and without expense to the City, to repair, replace and in general to perform all necessary corrective Work with regard to the defective or nonconforming Work or materials to the satisfaction of the City. THE FOREGOING SHALL NOT IN ANY MANNER LIMIT THE CITY’S REMEDY OR THE CONTRACTOR’S LIABILITY TO THOSE DEFECTS APPEARING WITHIN THE WARRANTY PERIOD. The Contractor agrees to perform the Work in a manner and at a time so as to minimize any damages sustained by the City and so as to not interfere with or in any way disrupt the operation of the City or the public. The corrective Work referred to above shall include without limitation, (a) the cost of removing the defective or nonconforming Work and materials from the site, (b) the cost of correcting all Work of other Contractors destroyed or damaged by defective or nonconforming Work and materials including the cost of removal of such damaged Work and materials form the site, and (c) the cost of correcting all damages to Work of other Contractors caused by the removal of the defective or nonconforming Work or materials. The Contractor shall post bonds to secure the warranties. Standard Construction Contract (rev. 6/2024) Page 4 of 14 10. Private Property. The Contractor shall not enter upon private property for any purpose without having previously obtained permission from the City. The Contractor shall be responsible for the preservation of, and shall use every precaution to prevent damage to all trees, shrubbery, plants, lawns, fences, culverts, bridges, pavements, driveways, sidewalks, etc.; all water, sewer and gas lines; all conduits; all overhead pole lines or appurtenances thereof; and all other public or private property along or adjacent to the work. 11. Removal of Construction Equipment, Tools and Supplies. At the termination of this Contract, before acceptance of the Work by the City, the Contractor shall remove all of Contractor’s equipment, tools and supplies from the property of the City. Should the Contractor fail to remove such equipment, tools and supplies, the City shall have the right to remove them and deduct the cost of removal from any amount owed to Contractor. 12. Suspension of Work by City. The City may at any time suspend the Work, or any part thereof, by giving ten (10) days' notice to the Contractor in writing. The work shall be resumed by the Contractor within ten (10) days after the date fixed in the written notice from the City to the Contractor to resume. If the City’s suspension of all or part of the Work causes additional expenses not due to the fault or negligence of the Contractor, the City shall reimburse the Contractor for the additional expense incurred due to suspension of the work. Claims for such compensation, with complete substantiating records, shall be filed with the City within ten (10) days after the date of order to resume Work in order to receive consideration. This paragraph shall not be construed as entitling the Contractor to compensation for delays due to inclement weather, failure to furnish additional surety or sureties specified herein, for suspension made at the request of the Contractor, or for any other delay provided for in this Contract. 13. City’s Right to Carry Out the Work. If the Contractor defaults or neglects to carry out the Work in accordance with the Contract or fails to perform any provisions of the Contract, the City may, after ten (10) days written notice to the Contractor and without prejudice to any other remedy the City may have, make good such deficiencies. In such case an appropriate Change Order shall be issued deducting from the payment then or thereafter due the Contractor the cost of correcting such deficiencies. If the payments then or thereafter due the Contractor are not sufficient to cover such amount, the Contractor shall pay the difference to the City. 14. City’s Right to Terminate Contract and Complete the Work. The City has the right to terminate this Contract for any of the following reasons: a. The Contractor is adjudged bankrupt, makes a general assignment for the benefit of creditors, or becomes insolvent; b. Failure of Contractor to supply adequate properly skilled workmen or proper materials; c. Failure of Contractor to make prompt payment to subcontractor for material or labor; d. Any disregard of laws, ordinances or proper instructions of the City; e. Assignment or work without permission of the City; Standard Construction Contract (rev. 6/2024) Page 5 of 14 f. Abandonment of the work by Contractor; g. Failure to meet the work progress schedule set forth in this Contract; h. Unnecessary delay which, in the judgment of the City, will result in the work not being completed in the prescribed time. Termination of the Contract shall be preceded by ten (10) days written notice by the City to the Contractor and its surety stating the grounds for termination and the measures, if any, which must be taken to assure compliance with the Contract. The Contract shall be terminated at the expiration of such ten (10) day period unless the City Council shall withdraw its notice of termination. Upon termination of the Contract by the City, the City may, without prejudice to any other remedy the City may have, take possession of the site and of all materials, equipment, tools, construction equipment and machinery thereon owned by the Contractor and may finish the Work by whatever methods the City may deem expedient at the Contractor’s expense. Upon Contract termination, the Contractor shall not be entitled to receive any further payment until the Work is finished. If the unpaid balance of the contract price exceeds the expense of finishing the Work, including compensation for additional managerial and administrative services, the excess shall be paid to the Contractor. If such expense exceeds the unpaid balance, the Contractor shall pay the difference to the City. In the event that the Contractor abandons the Work, fails or refuses to complete the Work or fails to pay just claims for labor or material, the City reserves the right to charge against the Contractor all legal, engineering, or other costs resulting from such abandonment, failure or refusal. Legal costs will include the City's cost of prosecuting or defending any suit in connection with such abandonment, failure or refusal, and non-payment of claims wherein the City is made co-defendant, and the Contractor agrees to pay all costs, including reasonable attorney's fees. 15. Contractor’s Right to Terminate Contract. The Contractor may terminate this Contract upon ten (10) days written notice to the City for any of the following reasons: a. If an order of any court or other public authority caused the Work to be stopped or suspended for a period of 90 days through no act or fault of the Contractor or its employees. b. If the City should fail to pay any undisputed sum owed Contractor within forty-five (45) days after the sum becomes due. 16. Performance and Payment Bonds. The Contractor shall post a Performance and Payment Bond each in an amount equal to one hundred percent (100%) of the payments due Contractor to insure the prompt and faithful performance of this Contract by Contractor and to insure prompt payment to the subcontractor and suppliers of the Contractor. The Bonds Standard Construction Contract (rev. 6/2024) Page 6 of 14 shall be in a form approved by the City. Contractor shall provide the Bond to the City before commencing work and together with the executed contract document. If the Performance and/or Payment Bond are not submitted as provided herein, this Contract shall be considered void. [BONDS ARE REQUIRED FOR A CONSTRUCTION CONTRACT THAT IS $175,000 OR MORE; THEY ARE OPTIONAL FOR ANY CONTRACT THAT IS LESS THAN $175,000] 17. Subcontractor. The Contractor shall bind every subcontractor and every subcontractor shall agree to be bound by the terms of this Contract as far as applicable to its work, unless specifically noted to the contrary in a subcontract approved in writing as adequate by the City. The Contractor shall pay any subcontractor involved in the performance of this Contract within the ten (10) days of the Contractor's receipt of payment by the City for undisputed services provided by the subcontractor. If the Contractor fails within that time to pay the subcontractor any undisputed amount for which the Contractor has received payment by the City, the Contractor shall pay interest to the subcontractor on the unpaid amount at the rate of 1.5 percent per month or any part of a month. The minimum monthly interest penalty payment for an unpaid balance of $100 or more is $10. For an unpaid balance of less than $100, the Contractor shall pay the actual interest penalty due to the subcontractor. A subcontractor who prevails in a civil action to collect interest penalties from the Contractor shall be awarded its costs and disbursements, including attorney's fees, incurred in bringing the action. 18. Responsible Contractor Contractor warrants under oath that Contractor is in compliance with the minimum criteria required of a “responsible contractor” as that term is defined in Minnesota Statutes § 16C.285, subd. 3. Contractor has provided to City a list of all of its first-tier subcontractors and motor carriers that it intends to retain for work on the project. The Contractor has obtained from all subcontractors and motor carriers with which it will have a direct contractual relationship a signed statement under oath by an owner or officer verifying that the subcontractor or motor carrier meets all of the minimum criteria in § 16C.285, subd. 3. If Contractor retains additional subcontractors or motor carriers on the project after submitting its verification of compliance, the Contractor shall obtain verification of compliance from each additional subcontractor and motor carrier with which it has a direct contractual relationship and shall submit to the City a supplemental verification confirming the subcontractor’s and motor carrier’s compliance with subdivision 3, clause (7), within 14 days of retaining the additional subcontractors or motor carriers. Contractor shall submit to the City upon request copies of the signed verifications of compliance from all subcontractors and motor carriers of any tier pursuant to Minn. Stat. § 16C.285, subd. 3(7). A false statement under oath, by Contractor, subcontractor, or motor carrier, verifying compliance with any of the minimum criteria may result in termination of the Contract. 19. Independent Contractor. Contractor is an independent contractor engaged by City to perform the services described herein and as such (i) shall employ such persons as it shall Standard Construction Contract (rev. 6/2024) Page 7 of 14 deem necessary and appropriate for the performance of its obligations pursuant to this Contract, who shall be employees, and under the direction, of Contractor and in no respect employees of City, and (ii) shall have no authority to employ persons, or make purchases of equipment on behalf of City, or otherwise bind or obligate City. No statement herein shall be construed so as to find the Contractor an employee of the City. 20. Insurance. a. General Liability. Prior to starting the Work, Contractor shall procure, maintain and pay for such insurance as will protect against claims or loss which may arise out of operations by Contractor or by any subcontractor or by anyone employed by any of them or by anyone for whose acts any of them may be liable. Such insurance shall include, but not be limited to, minimum coverages and limits of liability specified in this Paragraph, required by law, or the insurance coverage actually obtained by Contractor, whichever is greater. b. Contractor shall procure and maintain the following minimum insurance coverages and limits of liability for the Work: Worker’s Compensation Statutory Limits Employer’s Liability $500,000 each accident $500,000 disease policy limit $500,000 disease each employee Commercial General $1,000,000 property damage and bodily Liability injury per occurrence $2,000,000 general aggregate $2,000,000 Products – Completed Operations Aggregate $100,000 fire legal liability each occurrence $5,000 medical expense Comprehensive Automobile Liability $1,000,000 combined single limit each accident (shall include coverage for all owned, hired and non-owed vehicles.) Umbrella or Excess Liability $1,000,000 c. Commercial General Liability. The Commercial General Liability Policy shall be on ISO form CG 00 01 12 07 or CG 00 01 04 13, or the equivalent. Such insurance shall cover liability arising from premises, operations, independent contractors, products-completed operations, personal and advertising injury, and liability assumed under an insured contract (including the tort liability of another assumed in a business contract). There shall be no endorsement or modification of the Commercial General Liability form arising from pollution, explosion, collapse, underground property damage or work performed by subcontractors. Standard Construction Contract (rev. 6/2024) Page 8 of 14 d. Contractor shall maintain “stop gap” coverage if Contractor obtains Workers’ Compensation coverage from any state fund if Employer’s liability coverage is not available. e. All policies, except the Worker’s Compensation Policy, shall name the “City of Eden Prairie” as an additional insured. f. All policies, except Worker’s Compensation Policy, and Professional Liability Policy, shall name the “City of Eden Prairie” as an additional insured including products and completed operations. g. All policies shall contain a waiver of subrogation in favor of the City. h. All General Liability policies, Automobile Liability policies, and Umbrella policies shall contain a waiver of subrogation in favor of the City. i. All polices, except the Worker’s Compensation Policy, shall insure the defense and indemnity obligations assumed by Contractor under this Contract. j. Contractor agrees to maintain all coverage required herein throughout the term of the Contract and for a minimum of two (2) years following City’s written acceptance of the Work. k. It shall be Contractor’s responsibility to pay any retention or deductible for the coverage’s required herein. l. All policies shall contain a provision or endorsement that coverages afforded thereunder shall not be cancelled or non-renewed or restrictive modifications added, without thirty (30) days’ prior notice to the City, except that if the cancellation or non-renewal is due to non-payment, the coverages may not be terminated or non-renewed without ten (10) days’ prior notice to the City. m. Contractor shall maintain in effect all insurance coverages required under this Paragraph at Contractor’s sole expense and with insurance companies licensed to do business in the state in Minnesota and having a current A.M. Best rating of no less than A-, unless specifically accepted by City in writing. n. A copy of the Contractor’s Certificate of Insurance which evidences the compliance with this Paragraph, must be filed with City prior to the start of Contractor’s Work. Upon request a copy of the Contractor’s insurance declaration page, Rider and/or Endorsement, as applicable shall be provided. Such documents evidencing Insurance shall be in a form acceptable to City and shall provide satisfactory evidence that Contractor has complied with all insurance requirements. Renewal certificates shall be provided to City prior to the expiration date of any of the required policies. City will not be obligated, however, to review such Certificate Standard Construction Contract (rev. 6/2024) Page 9 of 14 of Insurance, declaration page, Rider, Endorsement or certificates or other evidence of insurance, or to advise Contractor of any deficiencies in such documents and receipt thereof shall not relieve Contractor from, nor be deemed a waiver of, City’s right to enforce the terms of Contractor’s obligations hereunder. City reserves the right to examine any policy provided for under this paragraph. o. Effect of Contractor’s Failure to Provide Insurance. If Contractor fails to provide the specified insurance, then Contractor will defend, indemnify and hold harmless the City, the City's officials, agents and employees from any loss, claim, liability and expense (including reasonable attorney's fees and expenses of litigation) to the extent necessary to afford the same protection as would have been provided by the specified insurance. Except to the extent prohibited by law, this indemnity applies regardless of any strict liability or negligence attributable to the City (including sole negligence) and regardless of the extent to which the underlying occurrence (i.e., the event giving rise to a claim which would have been covered by the specified insurance) is attributable to the negligent or otherwise wrongful act or omission (including breach of contract) of Contractor, its subcontractors, agents, employees or delegates. Contractor agrees that this indemnity shall be construed and applied in favor of indemnification. Contractor also agrees that if applicable law limits or precludes any aspect of this indemnity, then the indemnity will be considered limited only to the extent necessary to comply with that applicable law. The stated indemnity continues until all applicable statutes of limitation have run. If a claim arises within the scope of the stated indemnity, the City may require Contractor to: i. Furnish and pay for a surety bond, satisfactory to the City, guaranteeing performance of the indemnity obligation; or ii. Furnish a written acceptance of tender of defense and indemnity from Contractor's insurance company. Contractor will take the action required by the City within fifteen (15) days of receiving notice from the City. 21. Indemnification. Contractor will defend and indemnify City, its officers, agents, and employees and hold them harmless from and against all judgments, claims, damages, costs and expenses, including a reasonable amount as and for its attorney’s fees paid, incurred or for which it may be liable resulting from any breach of this Contract by Contractor, its agents, contractors and employees, or any negligent or intentional act or omission performed, taken or not performed or taken by Contractor, its agents, contractors and employees, relative to this Contract. City will indemnify and hold Contractor harmless from and against any loss for injuries or damages arising out of the negligent acts of the City, its officers, agents or employees. 22. Ownership of Documents. All plans, diagrams, analyses, reports and information generated in connection with the performance of the Contract (“Information”) shall become the property of the City, but Contractor may retain copies of such documents as records of the Standard Construction Contract (rev. 6/2024) Page 10 of 14 services provided. The City may use the Information for its purposes and the Contractor also may use the Information for its purposes. Use of the Information for the purposes of the project contemplated by this Contract does not relieve any liability on the part of the Contractor, but any use of the Information by the City or the Contractor beyond the scope of this Contract is without liability to the other, and the party using the Information agrees to defend and indemnify the other from any claims or liability resulting therefrom. 23. Mediation. Each dispute, claim or controversy arising from or related to this agreement shall be subject to mediation as a condition precedent to initiating legal or equitable actions by either party. Unless the parties agree otherwise, the mediation shall be in accordance with the Commercial Mediation Procedures of the American Arbitration Association then currently in effect. A request for mediation shall be filed in writing with the American Arbitration Association and the other party. No legal or equitable action may be instituted for a period of 90 days from the filing of the request for mediation unless a longer period of time is provided by agreement of the parties. Cost of mediation shall be shared equally between the parties. Mediation shall be held in the City of Eden Prairie unless another location is mutually agreed upon by the parties. The parties shall memorialize any agreement resulting from the mediation in a mediated settlement agreement, which agreement shall be enforceable as a settlement in any court having jurisdiction thereof. GENERAL TERMS AND CONDITIONS 24. Assignment. Neither party shall assign this Contract, nor any interest arising herein, without the written consent of the other party. 25. Compliance with Laws and Regulations. In providing services hereunder, the Contractor shall abide by statutes, ordinances, rules, and regulations pertaining to the provisions of services to be provided. Any violation of statutes, ordinances, rules and regulations pertaining to the services to be provided shall constitute a material breach of this Contract and entitle the City to immediately terminate this Contract. 26. Conflicts. No salaried officer or employee of the City and no member of the Council of the City shall have a financial interest, direct or indirect, in this Contract. The violation of this provision renders the Contract void. 27. Counterparts. This Contract may be executed in multiple counterparts, each of which shall be considered an original. 28. Damages. In the event of a breach of this Contract by the City, Contractor shall not be entitled to recover punitive, special or consequential damages or damages for loss of business. 29. Employees. Contractor agrees not to hire any employee or former employee of City and City agrees not to hire any employee or former employee of Contractor prior to Standard Construction Contract (rev. 6/2024) Page 11 of 14 termination of this Contract and for one (1) year thereafter, without prior written consent of the former employer in each case. 30. Enforcement. The Contractor shall reimburse the City for all costs and expenses, including without limitation, attorneys' fees paid or incurred by the City in connection with the enforcement by the City during the term of this Contract or thereafter of any of the rights or remedies of the City under this Contract. 31. Entire Contract, Construction, Application and Interpretation. This Contract is in furtherance of the City’s public purpose mission and shall be construed, interpreted, and applied pursuant to and in conformance with the City's public purpose mission. The entire agreement of the parties is contained herein. This Contract supersedes all oral agreements and negotiations between the parties relating to the subject matter hereof as well as any previous agreements presently in effect between the parties relating to the subject matter hereof. Any alterations, amendments, deletions, or waivers of the provisions of this Contract shall be valid only when expressed in writing and duly signed by the parties, unless otherwise provided herein. 32. Governing Law. This Contract shall be controlled by the laws of the State of Minnesota. 33. Non-Discrimination. During the performance of this Contract, the Contractor shall not discriminate against any employee or applicants for employment because of race, color, creed, religion, national origin, sex, marital status, status with regard to public assistance, disability, sexual orientation or age. The Contractor shall post in places available to employees and applicants for employment, notices setting forth the provision of this non-discrimination clause and stating that all qualified applicants will receive consideration for employment. The Contractor shall incorporate the foregoing requirements of this paragraph in all of its subcontracts for program work, and will require all of its subcontractors for such work to incorporate such requirements in all subcontracts for program work. The Contractor further agrees to comply with all aspects of the Minnesota Human Rights Act, Minnesota Statutes 363.01, et. seq., Title VI of the Civil Rights Act of 1964, and the Americans with Disabilities Act of 1990. 34. Notice. Any notice required or permitted to be given by a party upon the other is given in accordance with this Contract if it is directed to either party by delivering it personally to an officer of the party, or if mailed in a sealed wrapper by United States registered or certified mail, return receipt requested, postage prepaid, or if deposited cost paid with a nationally recognized, reputable overnight courier, properly addressed to the address listed on page 1 hereof. Notices shall be deemed effective on the earlier of the date of receipt or the date of mailing or deposit as aforesaid, provided, however, that if notice is given by mail or deposit, that the time for response to any notice by the other party shall commence to run one business day after any such mailing or deposit. A party may change its address for the service of notice by giving written notice of such change to the other party, in any manner above specified, 10 days prior to the effective date of such change. Standard Construction Contract (rev. 6/2024) Page 12 of 14 35. Rights and Remedies. The duties and obligations imposed by this Contract and the rights and remedies available thereunder shall be in addition to and not a limitation of any duties, obligations, rights and remedies otherwise imposed or available by law. 36. Services Not Provided For. No claim for services furnished by the Contractor not specifically provided for herein shall be honored by the City. 37. Severability. The provisions of this Contract are severable. If any portion hereof is, for any reason, held by a court of competent jurisdiction to be contrary to law, such decision shall not affect the remaining provisions of this Contract. 38. Statutory Provisions. a. Audit Disclosure. In accordance with Minn. Stat. § 16C.05, subd. 5, the books, records, documents and accounting procedures and practices of the Contractor or other parties relevant to this Contract are subject to examination by the City and either the Legislative Auditor or the State Auditor for a period of six (6) years after the effective date of this Contract. This provision will survive the completion or termination of this Contract. b. Data Practices. Any reports, information, or data in any form given to, or prepared or assembled by the Contractor under this Contract which the City requests to be kept confidential, shall not be made available to any individual or organization without the City's prior written approval. This Contract is subject to the Minnesota Government Data Practices Act, Minnesota Statutes Chapter 13 (“MGDPA”). In accordance with Minn. Stat. § 13.05, subd. 11, to the extent this Contract requires Contractor to perform any function of the City, all government data, as defined in Minn. Stat. § 13.02, subd. 7, which is created, collected, received, stored, used, maintained, or disseminated by Contractor in performing any of the functions of the City during performance of this Contract is subject to the requirements of the MGDPA and Contractor shall comply with those requirements as if it were a government entity. All subcontracts entered into by Contractor in relation to this Contract shall contain similar MGDPA compliance language. These obligations will survive the completion or termination of the Contract. 39. Waiver. Any waiver by either party of a breach of any provisions of this Contract shall not affect, in any respect, the validity of the remainder of this Contract. Executed as of the day and year first written above. Standard Construction Contract (rev. 6/2024) Page 13 of 14 CITY OF EDEN PRAIRIE __________________________________ Mayor ___________________________________ City Manager CONTRACTOR By: ________________________________ Its: ________________________________ Standard Construction Contract (rev. 6/2024) Page 14 of 14 EXHIBIT A Proposal/Scope of Work City Council Agenda Cover Memo Date: May 6, 2025 Section: Consent Calendar Item Number: VII.L. Department: Matt Bourne, Parks and Natural Resources Manager, Parks and Recreation ITEM DESCRIPTION Approve the professional services agreement with Houston Engineering, Inc. for the design, development of construction documents and related easement documents for the Valley View Rd trail and sidewalk project. REQUESTED ACTION Authorize Entering into a Standard Agreement for Professional Services with Houston Engineering for the Valley View Rd trail and sidewalk project at a cost not to exceed of $29,500. SUMMARY Staff has been planning a sidewalk and trail project on the very western portion of Valley View Rd from Tartan Curve to Hwy 101 for a number of years. With the completion of the Hwy 101 project last year that included upgraded pedestrian facilities crossing 101, staff now feels this missing section can be completed. This agreement would allow Houston Engineering to develop construction documents, provide easement documents and facilitate bidding of the project. ATTACHMENTS Standard Agreement for Professional Services with Houston Engineering (rev. 6/2024) Agreement for Professional Services This Agreement (“Agreement”) is made on this 6th day of May, 2025, between the City of Eden Prairie, Minnesota, a municipal corporation (hereinafter “City”), whose business address is 8080 Mitchell Road, Eden Prairie, MN 55344, and Houston Engineering, Inc., a Minnesota Corporation (hereinafter “Consultant”) whose business address is 7510 Market Place Drive, Eden Prairie, MN 55344. Preliminary Statement The City has adopted a policy regarding the selection and hiring of consultants to provide a variety of professional services for City projects. That policy requires that persons, firms or corporations providing such services enter into written agreements with the City. The purpose of this Agreement is to set forth the terms and conditions for the provision of professional services by Consultant for the Valley View Rd Trails and Sidewalk Project hereinafter referred to as the “Work”. The City and Consultant agree as follows: 1. Scope of Work. The Consultant agrees to provide the professional services shown in Exhibit A in connection with the Work. Exhibit A is intended to be the scope of service for the work of the Consultant. Any general or specific conditions, terms, agreements, consultant or industry proposal, or contract terms attached to or a part of Exhibit A are declined in full and, accordingly, are deleted and shall not be in effect in any manner. 2. Term. The term of this Agreement shall be from May 6th, 2025 through bidding of the project, the date of signature by the parties notwithstanding. This Agreement may be extended upon the written mutual consent of the parties for such additional period as they deem appropriate, and upon the terms and conditions as herein stated. 3. Compensation for Services. City agrees to pay the Consultant on an hourly basis plus expenses in a total amount not to exceed $57,500.00 for the services as described in Exhibit A. a. Any changes in the scope of the work which may result in an increase to the compensation due the Consultant shall require prior written approval by an authorized representative of the City or by the City Council. The City will not pay additional compensation for services that do not have prior written authorization. b. Special Consultants may be utilized by the Consultant when required by the complex or specialized nature of the Project and when authorized in writing by the City. c. If Consultant is delayed in performance due to any cause beyond its reasonable control, including but not limited to strikes, riots, fires, acts of God, governmental actions, actions of a third party, or actions or inactions of City, the time for Page 2 of 10 (rev. 6/2024) performance shall be extended by a period of time lost by reason of the delay. Consultant will be entitled to payment for its reasonable additional charges, if any, due to the delay. 4. City Information. The City agrees to provide the Consultant with the complete information concerning the Scope of the Work and to perform the following services: a. Access to the Area. Depending on the nature of the Work, Consultant may from time to time require access to public and private lands or property. As may be necessary, the City shall obtain access to and make all provisions for the Consultant to enter upon public and private lands or property as required for the Consultant to perform such services necessary to complete the Work. b. Consideration of the Consultant's Work. The City shall give thorough consideration to all reports, sketches, estimates, drawings, and other documents presented by the Consultant, and shall inform the Consultant of all decisions required of City within a reasonable time so as not to delay the work of the Consultant. c. Standards. The City shall furnish the Consultant with a copy of any standard or criteria, including but not limited to, design and construction standards that may be required in the preparation of the Work for the Project. d. City's Representative. A person shall be appointed to act as the City's representative with respect to the work to be performed under this Agreement. He or she shall have complete authority to transmit instructions, receive information, interpret, and define the City's policy and decisions with respect to the services provided or materials, equipment, elements and systems pertinent to the work covered by this Agreement. 5. Method of Payment. The Consultant shall submit to the City, on a monthly basis, an itemized invoice for professional services performed under this Agreement. Invoices submitted shall be paid in the same manner as other claims made to the City for: a. Progress Payment. For work reimbursed on an hourly basis, the Consultant shall indicate for each employee, his or her name, job title, the number of hours worked, rate of pay for each employee, a computation of amounts due for each employee, and the total amount due for each project task. Consultant shall verify all statements submitted for payment in compliance with Minnesota Statutes Sections 471.38 and 471.391. For reimbursable expenses, if provided for in Exhibit A, the Consultant shall provide an itemized listing and such documentation as reasonably required by the City. Each invoice shall contain the City’s project number and a progress summary showing the original (or amended) amount of the contract, current billing, past payments and unexpended balance of the contract. b. Suspended Work. If any work performed by the Consultant is suspended in whole or in part by the City, the Consultant shall be paid for any services set forth on Page 3 of 10 (rev. 6/2024) Exhibit A performed prior to receipt of written notice from the City of such suspension. c. Payments for Special Consultants. The Consultant shall be reimbursed for the work of special consultants, as described herein, and for other items when authorized in writing by the City. d. Claims. By making the claim for payment, the person making the claim is declaring that the account, claim, or demand is just and correct and that no part of it has been paid. 6. Project Manager and Staffing. The Consultant shall designate a Project Manager and notify the City in writing of the identity of the Project Manager before starting work on the Project. The Project Manager shall be assisted by other staff members as necessary to facilitate the completion of the Work in accordance with the terms established herein. Consultant may not remove or replace the Project Manager without the approval of the City. 7. Standard of Care. Consultant shall exercise the same degree of care, skill and diligence in the performance of its services as is ordinarily exercised by members of the profession under similar circumstances in Hennepin County, Minnesota. Consultant shall be liable to the fullest extent permitted under applicable law, without limitation, for any injuries, loss, or damages proximately caused by Consultant's breach of this standard of care. Consultant shall put forth reasonable efforts to complete its duties in a timely manner. Consultant shall not be responsible for delays caused by factors beyond its control or that could not be reasonably foreseen at the time of execution of this Agreement. Consultant shall be responsible for costs, delays or damages arising from unreasonable delays in the performance of its duties. 8. Termination. This Agreement may be terminated by either party by seven (7) days written notice delivered to the other party at the address written above. Upon termination under this provision, if there is no fault of the Consultant, the Consultant shall be paid for services rendered and reimbursable expenses until the effective date of termination. If however, the City terminates the Agreement because the Consultant has failed to perform in accordance with this Agreement, no further payment shall be made to the Consultant, and the City may retain another consultant to undertake or complete the Work identified herein. 9. Subcontractor. The Consultant shall not enter into subcontracts for services provided under this Agreement except as noted in the Scope of Work, without the express written consent of the City. The Consultant shall pay any subcontractor involved in the performance of this Agreement within ten (10) days of the Consultant's receipt of payment by the City for undisputed services provided by the subcontractor. If the Consultant fails within that time to pay the subcontractor any undisputed amount for which the Consultant has received payment by the City, the Consultant shall pay interest to the subcontractor on the unpaid amount at the rate of 1.5 percent per month or any part of a month. The minimum monthly interest penalty payment for an unpaid balance of $100 or more is $10. Page 4 of 10 (rev. 6/2024) For an unpaid balance of less than $100, the Consultant shall pay the actual interest penalty due to the subcontractor. A subcontractor who prevails in a civil action to collect interest penalties from the Consultant shall be awarded its costs and disbursements, including attorney's fees, incurred in bringing the action. 10. Independent Consultant. Consultant is an independent contractor engaged by City to perform the services described herein and as such (i) shall employ such persons as it shall deem necessary and appropriate for the performance of its obligations pursuant to this Agreement, who shall be employees, and under the direction, of Consultant and in no respect employees of City, and (ii) shall have no authority to employ persons, or make purchases of equipment on behalf of City, or otherwise bind or obligate City. No statement herein shall be construed so as to find the Consultant an employee of the City. 11. Insurance. a. General Liability. Prior to starting the Work, Consultant shall procure, maintain and pay for such insurance as will protect against claims or loss which may arise out of operations by Consultant or by any subcontractor or by anyone employed by any of them or by anyone for whose acts any of them may be liable. Such insurance shall include, but not be limited to, minimum coverages and limits of liability specified in this Paragraph, or required by law. b. If Consultant’s insurance does not afford coverage on behalf of subcontractors, Consultant must require and verify that all subcontractors maintain insurance meeting all the requirements of this paragraph 11, and Consultant must include in its contract with subcontractors the requirement that the City be listed as an additional insured on insurance required from subcontractors. In such case, prior to a subcontractor performing any Work covered by this Agreement, Consultant must: (i) provide the City with a certificate of insurance issued by the subcontractor’s insurance agent indicating that the City is an additional insured on the subcontractor’s insurance policy; and (ii) submit to the City a copy of Consultant’s agreement with the subcontractor for purposes of the City’s review of compliance with the requirements of this paragraph 11. c. Consultant shall procure and maintain the following minimum insurance coverages and limits of liability for the Work: Worker’s Compensation Statutory Limits Employer’s Liability $500,000 each accident $500,000 disease policy limit $500,000 disease each employee Commercial General $1,000,000 property damage and bodily Liability injury per occurrence $2,000,000 general aggregate $2,000,000 Products – Completed Operations Aggregate Page 5 of 10 (rev. 6/2024) $100,000 fire legal liability each occurrence $5,000 medical expense Comprehensive Automobile Liability $1,000,000 combined single limit each accident (shall include coverage for all owned, hired and non-owed vehicles.) Umbrella or Excess Liability $1,000,000 d. Commercial General Liability. The Commercial General Liability Policy shall be on ISO form CG 00 01 12 07 or CG 00 01 04 13, or the equivalent. Such insurance shall cover liability arising from premises, operations, independent contractors, products- completed operations, personal and advertising injury, and liability assumed under an insured contract (including the tort liability of another assumed in a business contract). There shall be no endorsement or modification of the Commercial General Liability form arising from pollution, explosion, collapse, underground property damage or work performed by subcontractors. e. Professional Liability Insurance. In addition to the coverages listed above, Consultant shall maintain a professional liability insurance policy in the amount of $2,000,000. Said policy need not name the City as an additional insured. It shall be Consultant’s responsibility to pay any retention or deductible for the professional liability insurance. Consultant agrees to maintain the professional liability insurance for a minimum of two (2) years following termination of this Agreement. f. Consultant shall maintain “stop gap” coverage if Consultant obtains Workers’ Compensation coverage from any state fund if Employer’s liability coverage is not available. g. All policies, except the Worker’s Compensation Policy, Automobile Policy, and Professional Liability Policy, shall name the “City of Eden Prairie” as an additional insured including products and completed operations. h. All policies, except the Professional Liability Policy, shall apply on a “per project” basis. i. All General Liability policies, Automobile Liability policies and Umbrella policies shall contain a waiver of subrogation in favor of the City. j. All policies, except for the Worker’s Compensation Policy and the Professional Liability Policy, shall be primary and non-contributory. k. All polices, except the Worker’s Compensation Policy and the Professional Liability Policy, shall insure the defense and indemnity obligations assumed by Consultant under this Agreement. The Professional Liability policy shall insure the indemnity Page 6 of 10 (rev. 6/2024) obligations assumed by Consultant under this Agreement except with respect to the liability for loss or damage resulting from the negligence or fault of anyone other than the Consultant or others for whom the Consultant is legally liable. l. Consultant agrees to maintain all coverage required herein throughout the term of the Agreement and for a minimum of two (2) years following City’s written acceptance of the Work. m. It shall be Consultant’s responsibility to pay any retention or deductible for the coverages required herein. n. All policies shall contain a provision or endorsement that coverages afforded thereunder shall not be cancelled or non-renewed or restrictive modifications added, without thirty (30) days’ prior notice to the City, except that if the cancellation or non-renewal is due to non-payment, the coverages may not be terminated or non-renewed without ten (10) days’ prior notice to the City. o. Consultant shall maintain in effect all insurance coverages required under this Paragraph at Consultant’s sole expense and with insurance companies licensed to do business in the state in Minnesota and having a current A.M. Best rating of no less than A-, unless specifically accepted by City in writing. p. A copy of the Consultant’s Certificate of Insurance which evidences the compliance with this Paragraph, must be filed with City prior to the start of Consultant’s Work. Upon request a copy of the Consultant’s insurance declaration page, Rider and/or Endorsement, as applicable shall be provided. Such documents evidencing Insurance shall be in a form acceptable to City and shall provide satisfactory evidence that Consultant has complied with all insurance requirements. Renewal certificates shall be provided to City prior to the expiration date of any of the required policies. City will not be obligated, however, to review such Certificate of Insurance, declaration page, Rider, Endorsement or certificates or other evidence of insurance, or to advise Consultant of any deficiencies in such documents and receipt thereof shall not relieve Consultant from, nor be deemed a waiver of, City’s right to enforce the terms of Consultant’s obligations hereunder. City reserves the right to examine any policy provided for under this paragraph. q. Effect of Consultant’s Failure to Provide Insurance. If Consultant fails to provide the specified insurance, then Consultant will defend, indemnify and hold harmless the City, the City's officials, agents and employees from any loss, claim, liability and expense (including reasonable attorney's fees and expenses of litigation) to the extent necessary to afford the same protection as would have been provided by the specified insurance. Except to the extent prohibited by law, this indemnity applies regardless of any strict liability or negligence attributable to the City (including sole negligence) and regardless of the extent to which the underlying occurrence (i.e., the event giving rise to a claim which would have been covered by the specified insurance) is attributable to the negligent or otherwise wrongful act or omission (including breach of contract) of Page 7 of 10 (rev. 6/2024) Consultant, its subcontractors, agents, employees or delegates. Consultant agrees that this indemnity shall be construed and applied in favor of indemnification. Consultant also agrees that if applicable law limits or precludes any aspect of this indemnity, then the indemnity will be considered limited only to the extent necessary to comply with that applicable law. The stated indemnity continues until all applicable statutes of limitation have run. If a claim arises within the scope of the stated indemnity, the City may require Consultant to: i. Furnish and pay for a surety bond, satisfactory to the City, guaranteeing performance of the indemnity obligation; or ii. Furnish a written acceptance of tender of defense and indemnity from Consultant's insurance company. Consultant will take the action required by the City within fifteen (15) days of receiving notice from the City. 12. Indemnification. Consultant will defend and indemnify City, its officers, agents, and employees and hold them harmless from and against all judgments, claims, damages, costs and expenses, including a reasonable amount as and for its attorney’s fees paid, incurred or for which it may be liable resulting from any breach of this Agreement by Consultant, its agents, contractors and employees, or any negligent or intentional act or omission performed, taken or not performed or taken by Consultant, its agents, contractors and employees, relative to this Agreement. Notwithstanding the foregoing, Consultant’s obligation to defend the City will not apply to claims covered by Consultant’s professional liability insurance. City will indemnify and hold Consultant harmless from and against any loss for injuries or damages arising out of the negligent acts of the City, its officers, agents or employees. 13. Ownership of Documents. All plans, diagrams, analyses, reports and information generated in connection with the performance of the Agreement (“Information”) shall become the property of the City, but Consultant may retain copies of such documents as records of the services provided. The City may use the Information for its purposes and the Consultant also may use the Information for its purposes. Use of the Information for the purposes of the project contemplated by this Agreement (“Project”) does not relieve any liability on the part of the Consultant, but any use of the Information by the City or the Consultant beyond the scope of the Project is without liability to the other, and the party using the Information agrees to defend and indemnify the other from any claims or liability resulting therefrom. 14. Mediation. Each dispute, claim or controversy arising from or related to this agreement shall be subject to mediation as a condition precedent to initiating legal or equitable actions by either party. Unless the parties agree otherwise, the mediation shall be in accordance with the Commercial Mediation Procedures of the American Arbitration Association then currently in effect. A request for mediation shall be filed in writing with the American Arbitration Association and the other party. No legal or equitable action may be instituted Page 8 of 10 (rev. 6/2024) for a period of 90 days from the filing of the request for mediation unless a longer period of time is provided by agreement of the parties. Cost of mediation shall be shared equally between the parties. Mediation shall be held in the City of Eden Prairie unless another location is mutually agreed upon by the parties. The parties shall memorialize any agreement resulting from the mediation in a mediated settlement agreement, which agreement shall be enforceable as a settlement in any court having jurisdiction thereof. GENERAL TERMS AND CONDITIONS 15. Assignment. Neither party shall assign this Agreement, nor any interest arising herein, without the written consent of the other party. 16. Compliance with Laws and Regulations. In providing services hereunder, the Consultant shall abide by statutes, ordinances, rules, and regulations pertaining to the provisions of services to be provided. Any violation of statutes, ordinances, rules and regulations pertaining to the services to be provided shall constitute a material breach of this Agreement and entitle the City to immediately terminate this Agreement. 17. Conflicts. No salaried officer or employee of the City and no member of the Council of the City shall have a financial interest, direct or indirect, in this Agreement. The violation of this provision renders the Agreement void. 18. Counterparts. This Agreement may be executed in multiple counterparts, each of which shall be considered an original. 19. Damages. In the event of a breach of this Agreement by the City, Contractor shall not be entitled to recover punitive, special or consequential damages or damages for loss of business. 20. Employees. Contractor agrees not to hire any employee or former employee of City and City agrees not to hire any employee or former employee of Contractor prior to termination of this Agreement and for one (1) year thereafter, without prior written consent of the former employer in each case. 21. Enforcement. The Contractor shall reimburse the City for all costs and expenses, including without limitation, attorneys' fees paid or incurred by the City in connection with the enforcement by the City during the term of this Agreement or thereafter of any of the rights or remedies of the City under this Agreement. 22. Entire Agreement, Construction, Application and Interpretation. This Agreement is in furtherance of the City’s public purpose mission and shall be construed, interpreted, and applied pursuant to and in conformance with the City's public purpose mission. The entire agreement of the parties is contained herein. This Contract supersedes all oral agreements and negotiations between the parties relating to the subject matter hereof as well as any previous agreements presently in effect between the parties relating to the subject matter hereof. Any alterations, amendments, deletions, or waivers of the provisions of this Page 9 of 10 (rev. 6/2024) Contract shall be valid only when expressed in writing and duly signed by the parties, unless otherwise provided herein. 23. Governing Law. This Agreement shall be controlled by the laws of the State of Minnesota. 24. Non-Discrimination. During the performance of this Agreement, the Consultant shall not discriminate against any employee or applicants for employment because of race, color, creed, religion, national origin, sex, marital status, status with regard to public assistance, disability, sexual orientation or age. The Consultant shall post in places available to employees and applicants for employment, notices setting forth the provision of this non-discrimination clause and stating that all qualified applicants will receive consideration for employment. The Consultant shall incorporate the foregoing requirements of this paragraph in all of its subcontracts for program work, and will require all of its subcontractors for such work to incorporate such requirements in all subcontracts for program work. The Consultant further agrees to comply with all aspects of the Minnesota Human Rights Act, Minnesota Statutes 363.01, et. seq., Title VI of the Civil Rights Act of 1964, and the Americans with Disabilities Act of 1990. 25. Notice. Any notice required or permitted to be given by a party upon the other is given in accordance with this Agreement if it is directed to either party by delivering it personally to an officer of the party, or if mailed in a sealed wrapper by United States registered or certified mail, return receipt requested, postage prepaid, or if deposited cost paid with a nationally recognized, reputable overnight courier, properly addressed to the address listed on page 1 hereof. Notices shall be deemed effective on the earlier of the date of receipt or the date of mailing or deposit as aforesaid, provided, however, that if notice is given by mail or deposit, that the time for response to any notice by the other party shall commence to run one business day after any such mailing or deposit. A party may change its address for the service of notice by giving written notice of such change to the other party, in any manner above specified, 10 days prior to the effective date of such change. 26. Rights and Remedies. The duties and obligations imposed by this Agreement and the rights and remedies available thereunder shall be in addition to and not a limitation of any duties, obligations, rights and remedies otherwise imposed or available by law. 27. Services Not Provided For. No claim for services furnished by the Consultant not specifically provided for herein shall be honored by the City. 28. Severability. The provisions of this Agreement are severable. If any portion hereof is, for any reason, held by a court of competent jurisdiction to be contrary to law, such decision shall not affect the remaining provisions of this Agreement. 29. Statutory Provisions. a. Audit Disclosure. In accordance with Minn. Stat. § 16C.05, subd. 5, the books, records, documents and accounting procedures and practices of the Consultant or other parties relevant to this Agreement are subject to examination by the City and either the Page 10 of 10 (rev. 6/2024) Legislative Auditor or the State Auditor for a period of six (6) years after the effective date of this Agreement. This provision will survive the completion or termination of this Agreement. b. Data Practices. Any reports, information, or data in any form given to, or prepared or assembled by the Consultant under this Agreement which the City requests to be kept confidential, shall not be made available to any individual or organization without the City's prior written approval. This Agreement is subject to the Minnesota Government Data Practices Act, Minnesota Statutes Chapter 13 (“MGDPA”). In accordance with Minn. Stat. § 13.05, subd. 11, to the extent this Agreement requires Contractor to perform any function of the City, all government data, as defined in Minn. Stat. § 13.02, subd. 7, which is created, collected, received, stored, used, maintained, or disseminated by Consultant in performing any of the functions of the City during performance of this Agreement is subject to the requirements of the MGDPA and Consultant shall comply with those requirements as if it were a government entity. All subcontracts entered into by Consultant in relation to this Agreement shall contain similar MGDPA compliance language. These obligations will survive the completion or termination of the Agreement. 30. Waiver. Any waiver by either party of a breach of any provisions of this Agreement shall not affect, in any respect, the validity of the remainder of this Agreement. Executed as of the day and year first written above. CITY OF EDEN PRAIRIE __________________________ ___ _____ Mayor ______________________________ _____ City Manager CONSULTANT By: Its: Page 11 of 10 (rev. 6/2024) EXHIBIT A Quote/Proposal/Scope of Services SCOPE OF SERVICES We propose to provide the following services: A. Boundary and Topographic Survey • Topographic verification and updates to the existing 2016 Survey completed in 2016 by HTPO. Assumptions • A survey of this corridor was previously conducted by HTPO in 2016. Unless otherwise directed by the city or discrepancies are found between the 2016 survey, the development of a new boundary and topographic survey is not included. B. Preliminary Design • Site walkthrough with City staff • Development of preliminary design plans including trail and sidewalk layout, grading, and a typical section for the proposed trail and sidewalk. • Determination of anticipated easement needs, both temporary and permanent. • Preparation of draft temporary easement exhibits for use in City interactions with adjacent homeowners. • Determination of utility conflicts, the need or use of retaining walls or other corridor obstacles. • Develop a preliminary engineer’s estimate. • Attend one (1) meeting with City Staff. C. Construction Documents • Preparation of final design drawings and specifications for contractor bidding. Includes existing conditions survey, removals plan, utility coordination plan, trail and sidewalk construction plan and profile, ADA grading details, trail and sidewalk cross sections, restoration & erosion and sediment control plan, traffic control plan (if required), and construction details. • Update for final engineer’s estimate • Watershed permit submittal to the Riley Purgatory Bluff Creek Watershed District (RPBCWD) for Rule C-Erosion Prevention and Sediment Control only. • MnDOT Coordination for review or Conditional Use Permit if required. • Attend up to two (2) meetings with City Staff. • Bid Administration, including plan distribution, answering bidder’s questions, attendance at bid opening, review of bids and tabulation, letter of recommendation for award. Assumptions • Tree replacement will not be required within City ROW. Trees on private property that require removal will be discussed with property owners. The city will handle all coordination with property owners. • A minimum boulevard width equal to one-half of the new trail and sidewalk width will be provided on the downgradient side of the trail so that stormwater management per RPBCWD will not be required; however, due to certain corridor obstacles, this minimum width may not be achievable in certain segments. In such cases, it is assumed that stormwater management will still not be required. • Less than one acre of disturbance is assumed, therefore an MPCA construction stormwater permit and a SWPPP will not be required. • Wetland delineation will not be required. • Geotechnical services will be provided by others if required. Page 12 of 10 (rev. 6/2024) • Permit fees will be paid by the City or waived entirely. • Coordination with property owners for easement acquisition will be by City staff. • If directed by the City, we will provide a separate proposal fee for the development of permanent easement documents if determined permanent easements are required. • If directed by the City, we will provide a separate proposal fee for construction administration and/or construction staking following the bid administration phase. City Council Agenda Cover Memo Date: May 6, 2025 Section: Consent Calendar Item Number: VII.M. Department: Police Department – Police Chief Matt Sackett ITEM DESCRIPTION Approval of West Metro Drug Task Force Cooperative Agreement REQUESTED ACTION Move to: Approve Hennepin County West Metro Drug Task Force (WMDTF) Cooperative Agreement allowing Eden Prairie to join the WMDTF SUMMARY Synopsis The City of Eden Prairie Police Department was unanimously voted to become a member of the Hennepin County West Metro Drug Task Force on Thursday, October 12th, 2023, by the WMDTF Governing Board. That Joint Powers Agreement was approved by the Eden Prairie City Council on November 14, 2023. The WMDTF board has agreed to the terms of this consolidated and updated JPA as attached. Background For over 20 years, the Hennepin County Sheriff’s Office had led two drug task forces: the Southwest Hennepin Drug Task Force (SWHDTF) and the West Metro Drug Task Force (WMDTF). The Eden Prairie Police Department has been a member of the SWHDTF since its inception. In November of 2023 the two task forces merged into one West Metro Drug Task Force (WMDTF). This merger aimed to enhance the longevity and efficacy of the task force by diversifying funding sources and introducing new levels of oversight and transparency. The WMDTF has enjoyed great successes in combating drugs and related criminal activity throughout the west metro and areas beyond. The WMDTF Governing Board, in cooperation with the Hennepin County Attorney, has agreed upon the attached JPA to govern the task force moving forward. ATTACHMENTS WMDTF JPA Eden Prairie Signature page SECOND AMENDED AND RESTATED WEST METRO DRUG TASK FORCE AGREEMENT THIS SECOND AMENDED AND RESTATED WEST METRO DRUG TASK FORCE AGREEMENT (the "Agreement") is made this 30th day of January 2025, by and among the undersigned units of government who are responsible for the enforcement of controlled substance laws in their respective jurisdictions. WHEREAS, the parties previously determined to create a regional joint powers entity for the purpose of enforcing the laws of their respective jurisdictions; and WHEREAS, the parties entered into a joint powers agreement creating the West Metro Drug Task Force dated July 27, 2004; and WHEREAS, the parties entered into the AMENDED AND RESTATED WEST METRO DRUG TASK FORCE AGREEMENT, dated September 13, 2016 (the “Amended Agreement”); and WHEREAS, the parties hereto wish to amend and restate the Amended Agreement to add additional parties and make other administrative changes. NOW, THEREFORE in consideration of the covenants herein contained the parties hereto agree as follows: 1. Name. The parties hereby restate and validate the West Metro Drug Task Force. (”Task Force”). 2. General Purpose. The Task Force shall collaboratively investigate crimes and conduct law enforcement. This Agreement restates and defines the rights and obligations of the Governmental Units with respect to the duties and activities performed by the Task Force throughout the term of the Agreement. To varying degrees, the Task Force relies on forfeiture funds to pay for investigation and law enforcement. Receipt of forfeiture may be restricted to law enforcement agencies. Accordingly, eligibility to be a Member is restricted to governmental units that are or that employ their own law enforcement agency whose primary function is the investigation and apprehension of individuals suspected or convicted of criminal offenses, and which government units are able to assign agents meeting the standards set forth herein (each, an “Agency”). 3. Members. The ”Members” of this Agreement are the following governmental units: Hennepin County City of Medina City of Minnetrista City of Orono West Hennepin Department of Public Safety City of Edina City of Eden Prairie City of Hopkins City of Minnetonka City of Saint Louis Park South Lake Minnetonka Police Department along with any governmental units subsequently added in accordance with the provisions herein. The Members shall cooperate and use their best efforts to ensure that the various provisions of the Agreement are fulfilled. The Members agree in good faith to undertake resolution of disputes, if any, in an equitable and timely manner and in accordance with the provisions of this Agreement. 4. Term; Automatic Extensions. 4.1 The term of this Agreement shall be for one year, commencing January 30th 2025 and expiring on January 29, 2026 unless terminated earlier pursuant to the provisions herein. Except as provided in this section 4.1, this Agreement shall be automatically extended for successive one-year terms upon the same terms, conditions, and covenants. The Board may prevent the automatic renewal of this Agreement by majority vote of all members taken at least ninety (90) days prior to the expiration of any term; in that event, this Agreement shall expire at the end of the then-existing term. 5. Administrative Board. 5.1. The Task Force shall have a Board of Directors (“Board”) consisting of the chief law enforcement officer, or designee, representing each Member’s Agency (each, a “Director”). All Directors shall serve at the pleasure of their respective appointing authority. 5.2. Directors shall not be deemed employees of the Task Force and shall not be compensated by it. 5.3. The Board will delegate the authority and responsibility of carrying out the purpose of the Task Force to a “Task Force Commander” or that person’s designee. 5.4. The Board shall meet as needed to evaluate the progress of the Task Force. A meeting may be called by any Director, or the Task Force Commander. 5.5. The Board may approve contracts, including agreements for the rental of real property, incur expenses and make expenditures necessary and incidental to the effectuation of its purposes and consistent with its powers. For the avoidance of doubt, all contracts shall be let in accordance with applicable law, including but not limited to Minnesota Statutes § 471.345. 5.6. The Board may recommend changes to this Agreement. This Agreement may only be modified by a written amendment that is approved and signed by all Members, or their designees. 5.7. The Board may receive, on behalf of the Task Force, funds and/or real or personal property by grant, forfeiture, devise, bequest, any funds voluntarily contributed by any M ember, or other source authorized by law for use by the Task Force. 5.8. Each Member is entitled to one (1) vote on Task Force matters. Board action requires a majority vote of Members present for the vote. A quorum shall exist and votes may be taken if a majority of the Directors or their designees are present. Upon approval by the Board: (i) voting by designee shall be permitted; and (ii) subject to applicable law, including the Minnesota Open Meeting Law, Minn. Stat. ch. 13D, a Director shall be allowed to participate in meetings, count towards the quorum, and vote on Task Force matters if the Director is participating in the meeting by and through a videoconferencing application, e.g., Teams or Zoom. The Board will exercise reasonable efforts to develop and deploy rules and processes related to scheduling and conducting meetings, including record-keeping and reporting as necessary. 6. Powers and Duties of the Task Force Commander 6.1. The Task Force Commander will direct investigative/law enforcement activities; priority may be given to case investigations that directly impact jurisdictions represented by a Member. 6.2. While assigned to the Task Force, all personnel shall be under the direct supervision and control of the Task Force Commander, who shall be responsible for performing, at least, the following duties: a. scheduling assigned personnel; b. providing input on employee evaluations, if requested; and c. allocating overtime work, if necessary. 6.3. The Task Force Commander shall cooperate with other federal, state, and local law enforcement agencies to accomplish the purpose for which the Task Force is organized. 7. Insurance, Indemnification, and Liability 7.1. The Task Force will maintain liability coverage with the League of Minnesota Cities Insurance Trust with a limit of at least $2,000,000 per occurrence, under standard LMCIT liability coverage forms. Alternatively, the Task Force may maintain equivalent private liability insurance coverage. Such coverage may be provided through separate policies for commercial general liability and law enforcement liability. Such private liability insurance policies must comply with the following requirements: • Each policy must have a limit of at least $2 million per occurrence. If the policy contains a general aggregate limit, the general aggregate limit must not be less than $2,000,000. • The CGL insurance must cover liability arising from premises, operations, independent contractors, products-completed operations, personal injury and advertising injury, and contractually-assumed liability. • Each Member and each Member's officers, employees, and volunteers, must be named as additional covered parties on each policy for all claims arising from Task Force activities or operations. 7.2. The Task Force may in its discretion procure coverage for auto liability and damage to or loss of property used exclusively by/for the Task Force. 7.3. If the Task Force at any time hires employees, it will immediately acquire and maintain workers' compensation coverage to the extent required under law. Except as expressly set forth herein, the Task Force shall defend and indemnify its Members for any liability claims arising from Task Force activities or operations, and decisions of the Task Force Board. Nothing in this Agreement shall constitute a Member’s waiver of the statutory limits on liability set forth in applicable law, including but not limited to Minnesota Statutes Chapter 466, or a waiver of any available immunities or defenses, and the limits of liability under applicable law for some or all of the parties may not be added together to determine the maximum amount of liability for any party. For the avoidance of doubt, the Task Force is considered a single governmental unit for purposes of total liability for damages pursuant to Minn. Stat. § 471.59, subd. 1a(b). 7.4. Nothing herein shall be construed to provide insurance coverage or indemnification to any Agent, officer, employee, or volunteer for any act or omission for which the individual is guilty of malfeasance in office, willful neglect of duty, or bad faith. 7.5. Any excess or uninsured liability shall be borne equally by all the Members, but this does not include the liability of any individual officer, employee, or volunteer which arises from his or her own malfeasance, willful neglect of duty, or bad faith which will be, as among the Members, the sole responsibility of the Member associated with the individual. 7.6. Except as expressly provided herein, each Member shall be responsible for injuries to or death of its own Agents or other personnel assigned to the Task Force. Each Member will maintain workers' compensation insurance or self-insurance coverage, covering its own Agents and personnel while they are assigned to the Task Force or are otherwise participating in or assisting with Task Force operations or activities. Each Member waives the right to, and agrees that it will not, bring any claim or suit against the Task Force or any other Member for any workers' compensation benefits paid, due, or owing to its own Agents, personnel, or their dependents, that arise out of participation in or assistance with Task Force operations or activities, even if the injuries were caused wholly or partially by the negligence of any other Member or its officers, employees, or volunteers. 7.7. Each Member shall be responsible for damages to or loss of its own equipment. Each Member waives the right to, and agrees that it will not, bring any claim or suit against the Task Force or any other Member or request indemnification for damages to or loss of its equipment arising out of participation in or assistance with Task Force operations or activities, even if the damages or losses were caused wholly or partially by the negligence of any other Members or its officers, employees, or volunteers. 7.8. All insurance policies and certificates required under this Agreement shall be open to inspection by any Member upon request. 8. Finances 8.1 During any time that Hennepin County is a Member of the Task Force, the Hennepin County Sheriff’s Office (“HCSO”) shall serve as sole administrator of all Task Force funds (“Administrator”). If Hennepin County withdraws from the Task Force, the Board shall appoint a new Administrator. 8.2 The Administrator is authorized to act as Task Force fiduciary for all applicable purposes, including but not limited to participating in equitable (forfeiture) sharing programs, receiving and holding funds on behalf of the Task Force, and earmarking funds for use in support of the Task Force’s operations. 8.3 The Administrator shall perform all tasks hereunder in accordance with applicable law and standard accounting practices and procedures. 8.4 The Administrator is authorized to and shall: (i) receive all funds for deposit; (ii) make disbursements therefrom for Task Force purposes subject to Board approval; (iii) maintain current and accurate records of all obligations and expenditures of Task Force funds; and (v) maintain all records for a period of not less than six years or longer periods if required by law. 8.5 Subject to the provisions herein, Task Force operations will be financed from grants, forfeitures, funds voluntarily contributed by any M ember, and other source authorized by law. 8.6. Members will provide Agents for the Task Force but will not otherwise be required to provide funds without the prior amendment of this Agreement approved by the governing bodies of all Members, or their designees. 8.7. Additionally, the Administrator shall cause to be made an annual audit of the books and accounts of the Task Force and shall make and file a report to the Board - which report shall include, at least, the following information: a. the financial condition of the Task Force; b. the status of all Task Force projects; c. the business transacted by the Task Force; d. a Financial Activity Report System (FARS) Report; e. quarterly financial report; and f. other matters which affect the interests of the Task Force. 8.8. The Task Force's books, reports, and records shall be open to inspection by its Members and the state auditor at all reasonable times. 8.9. Except as expressly approved by the Board, the Task Force may not incur obligations or approve contracts that extend beyond a prudent and manageable time-frame, acknowledging the term of the Task Force and the provisions herein for Member withdrawal or Task Force termination, or which will require the expenditure of funds in excess of funds available. 8.10. The Board shall approve an annual operating budget for the Task Force no later than September 1st of each calendar year. The Board may amend the budget as necessary. 8.11. The Task Force's funds may be expended by the Board in accordance with this Agreement in a manner determined by the Board. In no event shall there be an expenditure of Task Force funds except per the approved budget. 8.12. Notwithstanding duly entered contracts as authorized herein, the Board may not incur debts. 9. Agents. 9.1. Unless the Board provides prior approval, each Member shall assign at least one (1) experienced, licensed peace officer/deputy to serve on the Task Force (an ”Agent”). Agents shall be licensed pursuant to Minnesota Statutes, §626.84, subd. l, and shall have a minimum of one (1) year prior experience in law enforcement. 9.2. Each Agent must be assigned to the Task Force on a full-time basis for at least one year unless he/she is reassigned by the Agent’s Director. 9.3. As directed by the Task Force Commander, Agents will be responsible for investigation, including intelligence management, case development, case charging, and other law enforcement duties. Agents may also assist other Agents in performing hereunder. Agents will work cooperatively with assisting agencies. Agents and other assigned officers acting under this Agreement in the jurisdiction of another party to this Agreement are acting in the line of duty and in the course of employment and are authorized to exercise the powers of a peace officer therein. 9.4. Members acknowledge that it is their sole responsibility to compensate all personnel performing any services for the Task Force, including but not limited to paying salary and benefits. Benefits may include, but are not limited to, workers’ compensation, worker’s compensation insurance, health care, disability insurance, life insurance, re-employment insurance, FICA, Medicare, and PERA. 9.5. All personnel assigned to the Task Force shall comply with rules of conduct prescribed by the Task Force. 9.6. The Task Force Commander, or a designee, shall refer disciplinary matters involving any Agent to the respective Agent’s Director for investigation and disposition unless, based on the judgment of the Task Force Commander/designee, a particular matter represents grounds for the issuance of a criminal complaint, in which case the matter shall be referred directly to an external law enforcement agency for investigation provided the Director of the assigning agency, the Task Force Commander, and at least one other Director are notified in advance thereof. 9.7. At no cost to the Task Force, each Member shall furnish their Agents with equipment necessary to complete their duties, which may include a weapon, ballistic vests and other protective equipment, a vehicle, and a computer. 9.8. Unless the Board directs otherwise, clerical assistance will be furnished by Members at no additional cost to the Task Force. 9.9. All personnel and computer networks performing Task Force functions shall be CJIS certified. 10. Forfeiture, Seizures and Fines. 10.1 Pursuant to applicable law, the Task Force may gain rights in or otherwise acquire property subject to forfeiture. The money or proceeds from the sale of forfeited property after payment of seizure, storage, forfeiture and sale expenses and satisfaction of valid liens against forfeited property shall be distributed in accordance with Task Force process and applicable law, including without limitation Minnesota Statutes § 609.5315. 10.2 Seizures/forfeitures eligible for the Department of Justice’s Asset Forfeiture Program (the “Program”) shall be subject to all Program rules and requirements, as they may be amended from time to time. 10.3 When a distribution is to be made and unless the Board directs otherwise, forfeiture monies and proceeds generated by the Task Force shall be distributed in equal shares to the then participating Members of the Task Force at the time of distribution after deduction of all costs and expenses herein stated. The receipt and disbursement of forfeiture sale proceeds shall be referenced in the Administrator’s quarterly Task Force financial report. 11. Headquarters. The Task Force headquarters shall be in a locations/facilities approved by the Board. As necessary, the Board may approve payment of rent, utilities, and other costs associated therewith. 12. Additional Members, Withdrawal from Membership, and Task Force Termination 12.1. Any governmental unit that employs its own law enforcement agency and shares a common geographical boundary with any Member may join the Task Force and become a Member upon the following: (i) approval and execution of a copy of this Agreement by such governmental unit; and (ii) approval by the Directors. 12.2. In any case in which a governmental unit joins the Task Force pursuant to paragraph 12.1, contributions by and reimbursement to such new Member shall be equitably determined and adjusted by the Board to reflect the participation by that Member. 12.3. Except as otherwise set forth herein, any Member, upon ninety (90) days' written notice to all Members, may withdraw and cancel its participation in this Agreement. 12.4. If a Member fails to assign an Agent for twelve (12) consecutive months, the Board may notify the Member of the default. If the Member fails to assign an Agent within six (6) months of the notice, the Board may involuntarily terminate the Member’s participation in the Task Force. 12.5. Except for distributions expressly required by law, (i) withdrawing Members; and (ii) Members terminated for failure to assign an Agent, are not entitled to any distribution. However, the Board may, in its sole discretion and without participation of the Member in question, approve an equitable distribution adjusted to reflect that Member’s contributions and participations as well as other relevant factors. 12.6. The Members may, by and through action of a majority of the Board, abolish the Task Force at any time. Thereafter, the Task Force shall continue in full force and effect until such time as all matters, including law enforcement matters and Task Force financial matters, are resolved and concluded to the satisfaction of the Board. During such time, Members will not be allowed to withdraw/cancel; all Members shall remain bound and obligated to the provisions in this Agreement. 12.7. Upon expiration or termination of the Task Force and in accordance with applicable law and the provisions herein, all property and funds owned or held by the Task Force or by Member agencies on behalf of the Task Force shall be distributed, or sold with the proceeds distributed, in equal shares to the then participating Members of the Task Force at the time of dissolution, after deduction of all costs and expenses, unless the Board directs otherwise. Unless directed otherwise by the Board, any personal property shall be returned to the owning/contributing Member. 12.8. Notwithstanding the foregoing and unless otherwise permitted by applicable law, funds received by the Administrator as fiduciary for the Task Force from the Department of Justice’s Asset Forfeiture Program shall be disposed of in accordance with applicable law, which may include returning funds to the Department of Justice. 13. State and Local Assistance for Narcotics Control Program. 13.1. A Member, acting on behalf of the Task Force and its Members, may apply for Federal, state, or local narcotics enforcement. The applying Member agency shall be the "authorized official", as defined in the general policies and procedures for the program. 14. Media 14.1. Unless the Board otherwise agrees, HCSO or its designee shall be responsible for all media coverage of Task Force activities, including the dissemination of all press releases. 15. Evidence 15.1. Evidence/property seized in accordance with performance hereunder shall be inventoried and stored at a secure law enforcement facility approved by the Task Force Commander. 16. General Provisions 16.1. Nothing herein is intended or should be construed in any manner as creating or establishing the relationship of partners between the parties hereto or as constituting one of the Members as the agent, representative or employee of another Member for any purpose or in any manner whatsoever. Personnel assigned to the Task Force by one of the Members shall not be considered temporary or permanent employees of any other Member or the Task Force itself for any purpose whatsoever, or be entitled to tenure rights or any rights or benefits including but not limited to workers compensation, re-employment insurance, medical/hospital care, sick/vacation leave, severance pay, PERA, or any other right or benefit of another Member. 16.2. This Agreement is intended to replace and supersede the Amended Agreement, as defined in the recitals above. IN WITNESS WHEREOF, the undersigned, by action of their governing bodies, have caused this Agreement to be executed in accordance with the authority of Minnesota Statutes § 471.59. THIS PORTION OF PAGE INTENTIONALLY LEFT BLANK HENNEPIN COUNTY BOARD AUTHORIZATION Reviewed for COUNTY by the County Attorney's Office: {{Sig_es_:signer5:signature}} {{userstamp5_es_:signer5:stamp}} Reviewed for COUNTY by: {{Sig_es_:signer6:signature}} {{userstamp6_es_:signer6:stamp}} Board Resolution No: {{*BoardResolution_es_:signer6:brs}} Document Assembled by: {{Sig_es_:signer1:signature}} {{userstamp1_es_:signer1:stamp}} {{Exh_es_:signer1:attachment:label("Attachments")}} COUNTY OF HENNEPIN STATE OF MINNESOTA By: {{Sig_es_:signer8:signature}} {{userstamp8_es_:signer8:stamp}} ATTEST: {{Sig_es_:signer9:signature}} {{userstamp9_es_:signer9:stamp}} By: {{Sig_es_:signer7:signature}} {{userstamp7_es_:signer7:stamp}} CITY OF EDEN PRAIRIE, MN The EDEN PRAIRIE City Council duly approved this Agreement on the ______ day of ______________, 2025. City of EDEN PRAIRIE By: _________________________ Its Mayor And by: ______________________ Its City Manager Approved as to form and legality: ___________________________ EDEN PRAIRIE City Attorney City Council Agenda Cover Memo Date: May 6, 2025 Section: Consent Calendar Item Number: VII.N. Department: Human Resources – Alecia Rose, Administrative Services/HR Director ITEM DESCRIPTION Direct Staff to not Waive the Monetary Limits on Tort Liability Established by Minnesota Statute 466.04 REQUESTED ACTION Move to: Direct staff to not waive the monetary limits on municipal tort liability established by Minnesota Statutes 466.04. SUMMARY The City of Eden Prairie obtains liability coverage from the League of Minnesota Cities Insurance Trust. Each City Council must formally decide whether to waive or not to waive the statutory tort liability limits to the extent of the coverage purchased. Staff recommends that the City choose not to waive. ATTACHMENTS Waiver Form League of Minnesota Cities 3/2/2023 Liability Coverage Waiver Form Page 1 LIABILITY COVERAGE WAIVER FORM The decision to waive or not waive the statutory tort limits must be made annually by the member’s governing body, in consultation with its attorney if necessary. Members who obtain liability coverage from LMCIT must decide whether to waive the statutory tort liability limits to the extent of the coverage purchased. The decision has the following effects: •If the member does not waive the statutory tort limits, an individual claimant could recover no more than $500,000 on any claim to which the statutory tort limits apply. The total all claimants could recover for a single occurrence to which the statutory tort limits apply would be limited to$1,500,000. These statutory tort limits would apply regardless of whether the member purchases the optional LMCIT excess liability coverage. •If the member waives the statutory tort limits and does not purchase excess liability coverage, a single claimant could recover up to $2,000,000 for a single occurrence (under the waive option, the tort cap liability limits are only waived to the extent of the member’s liability coverage limits, and the LMCIT per occurrence limit is $2,000,000). The total all claimants could recover for a single occurrence to which the statutory tort limits apply would also be limited to $2,000,000, regardless of the number of claimants. •If the member waives the statutory tort limits and purchases excess liability coverage, a single claimant could potentially recover an amount up to the limit of the coverage purchased. The total all claimants could recover for a single occurrence to which the statutory tort limits apply would also be limited to the amount of coverage purchased, regardless of the number of claimants. Claims to which the statutory municipal tort limits do not apply are not affected by this decision. LMCIT Member Name: Check one: The member DOES NOT WAIVE the monetary limits on municipal tort liability established by Minn. Stat. § 466.04. The member WAIVES the monetary limits on municipal tort liability established by Minn. Stat. § 466.04, to the extent of the limits of the liability coverage obtained from LMCIT. Date of member’s governing body meeting: Signature:__________________________ Position: Members who obtain liability coverage through the League of Minnesota Cities Insurance Trust (LMCIT) must complete and return this form to LMCIT before their effective date of coverage. Email completed form to your city’s underwriter, to pstech@lmc.org, or fax to 651.281.1298. City Council Agenda Cover Memo Date: May 6, 2025 Section: Consent Calendar Item Number: VII.O. Department: Communications ITEM DESCRIPTION Amend Granicus, LLC contract for a new three-year term that includes additional website products and services and their implementation. REQUESTED ACTION Move to: Approve contract amendment with Granicus, LLC for new website products and services. SUMMARY The City’s current contract with Granicus, which covers website, email/text and streaming video subscription services, is being amended to incorporate additional website services. The new services will improve the website user experience and assist the City with efforts to comply with Title II standards of the Americans with Disabilities Act, which will be effective in 2026. The annual rate for the first year of these services, including implementation of the new website features, is $79,863.22. The second year is $79,889.66 and the third year is $85,481.92, or $159,838.36 total over the three-year performance period. ATTACHMENTS Granicus, LLC Contract Amendment for Products and Services Amendment Prepared for Eden Prairie, Minnesota Page 1 of 6 First Amendment to the Contract for Products and Services between Granicus, LLC and Eden Prairie, Minnesota This First Amendment to the Contract for Products and Services (“First Amendment”) is effective on the last date this document is signed below, by and between Granicus, LLC, a Minnesota Limited Liability Company (hereinafter referred to as “Granicus” or “Vendor”), and the City of Eden Prairie, Minnesota (hereinafter referred to as “City” or “Client”), with reference to the following: WHEREAS, the Client and Granicus entered into that certain Contract for Products and Services dated April 16, 2024 (the "Agreement"), which Agreement commenced May 15, 2024 and expires on May 14, 2027; and WHEREAS, in addition to Client’s existing solution as provided in the Agreement, Client wishes to add certain products and services as detailed in Q-443745, which is attached as Exhibit A-1 and incorporated herein by reference; and WHEREAS, the Client and Granicus wish to extend the Agreement through May 14, 2028; and NOW, THEREFORE, in consideration of the premises, the parties agree to amend the Agreement as follows: 1. The Agreement is amended to include and incorporate Exhibit A-1 attached to this First Amendment. Where the terms of Exhibit A-1 are inconsistent with the existing Exhibit A to the Agreement, the terms of Exhibit A-1 will prevail. 2. Compensation, as referenced in Paragraph 3 of the Agreement is amended to include the fees detailed in Exhibit A-1. Exhibit A-1 is exclusive of applicable state, local, and federal taxes, which, if any, will be included in the invoice. It is the responsibility of the Client to provide applicable exemption certificate(s). 3. Paragraph 2 of the Agreement is amended to extend the Term of the Agreement through May 14, 2028. 4. Except as amended by this First Amendment, all other terms and conditions of the Agreement shall remain in full force and effect. 5. In the event of any inconsistency between the provisions of this First Amendment and the Agreement, the provisions of this First Amendment shall prevail. [SIGNATURE PAGE FOLLOWS] Docusign Envelope ID: 144B8BE1-3ACC-430B-84C3-E866236CD225 Amendment Prepared for Eden Prairie, Minnesota First Amendment CONFIDENTIAL Page 2 of 6 IN WITNESS WHEREOF, the parties have caused this First Amendment to be executed by their duly authorized representatives. Agreement and Acceptance By signing this document, the undersigned certifies they have authority to enter the agreement. The undersigned also understands the services and terms. Eden Prairie, Minnesota Granicus Signature: Signature: Name: Name: Title: Title: Date: Date: Signature: Name: Title: Date: Docusign Envelope ID: 144B8BE1-3ACC-430B-84C3-E866236CD225 4/29/2025 Sr. Contracts Manager Kimberly Rosenberger THIS IS NOT AN INVOICE Exhibit A-1 Prepared for Eden Prairie MN Order #: Q-443745 Prepared: 28 Apr 2025 Page 3 of 6 Exhibit A-1 ORDER DETAILS Prepared By:Esteban Bonilla Phone: Email:esteban.bonilla@granicus.com Order #:Q-443745 Prepared On:28 Apr 2025 Expires On:14 May 2025 Currency:USD Payment Terms:Net 30 (Payments for subscriptions are due at the beginning of the period of performance.) Period of Performance: The subscription includes the following domain(s) and subdomain(s): ·www.ci.eden-prairie.mn.us ORDER TERMS 15 May 2025 - 14 May 2026 Docusign Envelope ID: 144B8BE1-3ACC-430B-84C3-E866236CD225 Exhibit A-1Eden Prairie MN Order #: Q-443745 Prepared: 28 Apr 2025 Page 4 of 6 PRICING SUMMARY The pricing and terms within this Proposal are specific to the products and volumes contained within this Proposal. Terminating Subscriptions Solution Quantity/Unit Prior Annual Fee govAccess - Maintenance, Hosting, & Licensing Fee - Core 0 Each $11,689.72 Communications Cloud 0 Each $13,621.72 SUBTOTAL:$25,311.44 Upon the signing of this Agreement, annual fees for the terminating subscription(s) shall cease. Any pre-paid fees for the terminating subscription(s) after the signing of this Agreement will be prorated from the signing of this Agreement to the end of the Client's then-current billing term, credited, and such credit applied to the annual fees for new subscriptions. Client will continue to have access to and use the terminating solution until the new subscription(s) is/are deployed. Upon the deployment of Client's new solution as determined at Granicus' sole discretion, Granicus shall remove access to the Client's terminating subscription(s). One-Time Fees Solution Billing Frequency Quantity/Unit One-Time Fee Government Experience Service Cloud Essentials VI - Set-up, Config, and Training Milestones - 40/30/30 1 Each $5,200.00 SUBTOTAL:$5,200.00 New Subscription Fees Solution Billing Frequency Quantity/Unit Annual Fee Government Experience Service Cloud Essentials VI (Up to 50000 Unique Contacts) Annual 1 Each $45,379.00 SUBTOTAL:$45,379.00 Docusign Envelope ID: 144B8BE1-3ACC-430B-84C3-E866236CD225 Exhibit A-1 Eden Prairie MN Order #: Q-443745 Prepared: 28 Apr 2025 Page 5 of 6 Renewing Subscription Fees Solution Billing Frequency Quantity/Unit Annual Fee GovMeetings Live Cast Annual 1 Each $12,184.95 Granicus Live Cast Encoding Software Annual 1 Each $1,803.22 govAccess - Maintenance, Hosting, & Licensing Fee - Core Annual 1 Each $6,328.46 Additional SMS - 100000 Annual 1 Each $4,277.79 Communications Cloud Advanced Package Annual 1 Each $4,689.80 Open Platform Suite Annual 1 Each $0.00 SUBTOTAL:$29,284.22 CREDITS AVAILABLE The number of Credits acquired due to the above purchase items: Available Service Credits Total Services Catalog Credits:80 Docusign Envelope ID: 144B8BE1-3ACC-430B-84C3-E866236CD225 Exhibit A-1 Eden Prairie MN Order #: Q-443745 Prepared: 28 Apr 2025 Page 6 of 6 FUTURE YEAR PRICING Period of PerformanceSolution(s)15 May 2026 - 14 May 2027 15 May 2027 - 14 May 2028 GovMeetings Live Cast $13,037.90 $13,950.55 Granicus Live Cast Encoding Software $1,929.45 $2,064.51 govAccess - Maintenance, Hosting, & Licensing Fee - Core $6,771.45 $7,245.45 Additional SMS - 100000 $4,577.24 $4,897.64 Communications Cloud Advanced Package $5,018.09 $5,369.35 Open Platform Suite $0.00 $0.00 Government Experience Service Cloud Essentials VI (Up to 50000 Unique Contacts) $48,555.53 $51,954.42 SUBTOTAL:$79,889.66 $85,481.92 Total Services Catalog Credits:80 80 Docusign Envelope ID: 144B8BE1-3ACC-430B-84C3-E866236CD225 City Council Agenda Cover Memo Date: MAY 06, 2025 Section: Payment of Claims Item Number: IX. Department: Administration / Finance ITEM DESCRIPTION Payment of Claims REQUESTED ACTION Move to approve the payment of claims as submitted (roll call vote). SUMMARY Checks 317123 - 317755 Wire Transfers 11312 - 11363 Purchasing Card 11197 ATTACHMENTS Check Register Check Summary City of Eden Prairie Council Check Summary 5/6/2025 Divison Amount 000 General 39,300 601 Prairie Village Liquor 141,557 100 City Manager 1,808 602 Den Road Liquor 240,617 101 Legislative 1,689 603 Prairie View Liquor 164,761 102 Legal Counsel 44,854 605 Den Road Building 5,092 110 City Clerk 347 701 Water Enterprise Fund 197,690 111 Customer Service 4,092 702 Wastewater Enterprise Fund 25,846 114 Benefits & Training 4,243 703 Stormwater Enterprise Fund 72,175 130 Assessing 250 Total Enterprise Fund 847,738 131 Finance 106 132 Housing and Community Services 36,867 316 WAFTA 693 133 Planning 322 802 494 Commuter Services 42,812 136 Public Safety Communications 3,382 806 SAC 7,455 137 Economic Development 69 807 Benefits Fund 1,283,032 138 Community Development Admin. 25 809 Investment Fund 5,100 151 Park Maintenance 50,906 811 Property Insurance 261 154 Community Center 9,215 812 Fleet Internal Service 553,112 156 Youth Programs 8,327 813 IT Internal Service 127,355 158 Senior Center 1,596 814 Facilities Capital ISF 67,728 159 Recreation Administration 50 815 Facilities Operating ISF 64,951 162 Arts 600 816 Facilities City Center ISF 87,467 180 Police Sworn 44,173 817 Facilities Comm. Center ISF 103,784 184 Fire 9,432 818 Dental Insurance 13,342 186 Inspections 1,294 820 Fencing Consortium 172,323 200 Engineering 50,291 Total Internal Svc/Agency Funds 2,529,416 201 Street Maintenance 44,843 202 Street Lighting 4,373 Report Total 4,265,233 Total General Fund 362,454 303 Cemetery Operation 78 322 Local Affordable Housing Aid 12,320 804 100 Year History 3,795 Total Special Revenue Fund 16,193 304 Senior Board 150 308 E-911 1,550 309 DWI Forfeiture 26 314 Special Investigations 57 315 Economic Development 62,706 445 Cable PEG 13,463 502 Park Development 30,749 509 CIP Fund 77,705 513 CIP Pavement Management 312 526 Transportation Fund 11,800 543 Police Remodel 279,203 800 TIF-Eden Shores Senior Housing 31,712 Total Captial Projects Fund 509,432 City of Eden Prairie Council Check Register 5/6/2025 Check Amount Supplier/Explanation Account Description Business Unit Comments 11321(E)319,214 UKG INC Taxes Withheld Health and Benefits Payroll Taxes PR Ending 04.04.25 11359(E)315,138 UKG INC Taxes Withheld Health and Benefits Payroll Taxes/Garnishments PR Ending 04.18.25 11319(E)233,634 PUBLIC EMPLOYEES RETIREMENT ASSOCIATION PERA Health and Benefits PERA PR Ending 03.21.25 11358(E)229,301 PUBLIC EMPLOYEES RETIREMENT ASSOCIATION PERA Health and Benefits PERA PR Ending 04.04.25 317610 183,886 DODGE OF BURNSVILLE Autos Fleet - Police 4 New Vehicle Purchases and Parts 317126 178,125 FOBBE ELECTRIC INC OCS - Other Contracted Services Police Remodel Electrical Contract for PD Remodel 317575 172,323 ARX PERIMETERS Building Rental Fencing Consortium Fences, Gates, Doors Apr - Dec 2025 11335(E)133,851 MINNESOTA DEPT OF REVENUE Sales Tax Payable Various Funds Sales Tax March 2025 317680 112,861 MIDWAY FORD Autos Fleet - Water/Parks New Vehicle Purchase 733 and 460 317667 105,571 LOGIS Applications, Network Services and Maintenance Various Funds Logis Apps Q2 and Network Svcs and Maint. 317754 74,389 ZIEGLER INC Machinery & Equipment Fleet - Public Works 317475 66,000 TOTAL MECHANICAL SERVICES OCS - HVAC Facilities Capital 317749 62,063 XCEL ENERGY Electric Various Funds 317602 59,050 CONSTRUCTION RESULTS CORPORATION Improvement Contracts Economic Development Fund 317453 55,495 MTI DISTRIBUTING INC Machinery & Equipment Fleet - Park & Rec 317717 48,721 SOUTH METRO PUBLIC SAFETY TRAINING FACIL OCS - Other Contracted Services Capital Maint. & Reinvestment 317581 47,300 BLUE WATER SCIENCE OCS - Other Contracted Services Stormwater Non-Capital 317590 46,610 CENTERPOINT ENERGY Gas Various Funds 317736 46,565 TRUNORTH SOLAR LLC OCS - Other Contracted Services Sustainable Eden Prairie 317647 45,735 J.A. PRICE AGENCY INC.Insurance Police Remodel 317256 44,190 GREGERSON ROSOW JOHNSON & NILAN LTD Legal Legal 317645 43,500 IRON VALLEY EQUIPMENT & MFG Machinery & Equipment Fleet - Park & Rec 11317(E)35,682 EMPOWER Deferred Compensation Health and Benefits 11356(E)34,216 EMPOWER Deferred Compensation Health and Benefits 317613 30,343 EBERT CONSTRUCTION OCS - Other Contracted Services Police Remodel 317609 27,923 DIVERSE BUILDING MAINTENANCE Janitor Services Various Funds 317650 25,530 JOHN HENRY FOSTER MINNESOTA INC OCS - Building Various Funds 317656 25,000 KRAUS-ANDERSON CONSTRUCTION COMPANY OCS - Other Contracted Services Police Remodel 317630 23,786 GRAYMONT Chemicals Water Treatment 317330 21,225 PUBLIC EMPLOYEES RETIREMENT ASSOCIATION PERA Health and Benefits 11357(E)21,136 ICMA RETIREMENT TRUST-457 Deferred Compensation Health and Benefits 11318(E)20,822 ICMA RETIREMENT TRUST-457 Deferred Compensation Health and Benefits 317511 19,608 BREAKTHRU BEVERAGE MN BEER LLC Liquor Product Received Liquor Funds 317326 19,285 XCEL ENERGY Electric Various Funds 317234 18,858 CORE & MAIN R&M Supplies - Other Stormwater Collection 11332(E)18,757 WEX Health Savings Account Health and Benefits 317424 18,051 GRI EDEN PRAIRIE, LLC Rent Prairie Village 317671 16,849 MANSFIELD OIL COMPANY Motor Fuel Fleet Operating 317563 16,513 ABM ONSITE SERVICES-MIDWEST Janitor Services Various Funds 317461 16,349 PRAIRIEVIEW RETAIL LLC Rent Prairie View 317518 16,019 JOHNSON BROTHERS LIQUOR CO Liquor Product Received Liquor Funds 317646 15,000 J Robert Roofing Accounts Receivable TIF - Eden Shores Senior Housing 11339(E)14,611 PAYCHEX Wages and Benefits 494 Corridor Commission 317325 14,429 WSB & ASSOCIATES INC OCS - Other Contracted Services Park Acquisition & Development 317628 14,079 GOODMANSON CONSTRUCTION OCS - Other Contracted Services Park Acquisition & Development 317431 14,055 HULS BROKERAGE INC Lime Residual Removal Water Treatment 317400 14,005 ABM ONSITE SERVICES-MIDWEST Janitor Services Various Funds 317440 13,789 MANSFIELD OIL COMPANY Motor Fuel Fleet Operating 317223 13,463 AVI SYSTEMS INC OCS - Other Contracted Services Cable PEG 317739 12,721 U.S DEPARTMENT OF AGRICULTURE OCS - Other Contracted Services Deer Consultant 317284 12,600 NOVOTX LLC OCS - Other Contracted Services Water and Wastewater Funds 317720 12,500 Stamm's Property Care LLC Accounts Receivable TIF - Eden Shores Senior Housing 317291 12,320 PROP OCS - Other Contracted Services Local Affordable Housing Aid 317181 12,289 JOHNSON BROTHERS LIQUOR CO Liquor Product Received Liquor Funds Check Amount Supplier/Explanation Account Description Business Unit Comments31751311,627 CAPITOL BEVERAGE SALES LP Liquor Product Received Liquor Funds 317580 11,587 BLOOMINGTON, CITY OF Software Maintenance IT Operating 11336(E)11,454 U.S. BANK - I-494 PURCH. CARD Various Accounts 494 Corridor Commission 317359 11,343 BREAKTHRU BEVERAGE MN BEER LLC Liquor Product Received Liquor Funds 317603 11,333 CORE & MAIN R&M Supplies - Other Water Distribution 317187 11,310 SOUTHERN GLAZER'S WINE AND SPIRITS OF MN Liquor Product Received Liquor Funds 317537 11,217 BREAKTHRU BEVERAGE MN BEER LLC Liquor Product Received Liquor Funds 317744 11,162 VAISALA Software Maintenance Various Funds 317270 10,915 MANSFIELD OIL COMPANY Motor Fuel Fleet Operating 317383 10,581 BREAKTHRU BEVERAGE MN BEER LLC Liquor Product Received Liquor Funds 317462 10,375 PROP OCS - Other Contracted Services Housing and Community Service 317365 9,982 JOHNSON BROTHERS LIQUOR CO 317464 9,625 SENIOR COMMUNITY SERVICES 317257 9,505 HAMMER COMMUNITY SOLAR LLC 317546 9,353 JOHNSON BROTHERS LIQUOR CO 317306 9,183 STREICHERS 317375 9,073 SOUTHERN GLAZER'S WINE AND SPIRITS OF MN 317238 8,949 EARL F ANDERSON 317495 8,878 JOHNSON BROTHERS LIQUOR CO 317467 8,733 SSI KEF SLB LLC 317304 8,236 STALKER RADAR 317566 7,984 ADVANCED ENGINEERING & ENVIROMENTAL SERV 317255 7,982 GRAYMONT 11313(E)7,900 BPAS 317478 7,837 XCEL ENERGY 317423 7,807 GRAYMONT 317230 7,725 CENTERPOINT ENERGY 317607 7,719 DG MINNESOTA CS 2021 LLC 317698 7,602 PRAIRIE ELECTRIC COMPANY 317212 7,494 SOUTHERN GLAZER'S WINE AND SPIRITS OF MN 317747 7,420 WAYNES HOME SERVICES 317445 7,380 METROPOLITAN COUNCIL 317619 7,294 EXCEL LAWN & LANDSCAPE 11330(E)7,102 HEALTHPARTNERS 317633 7,050 GUARDIAN FLEET SAFETY LLC 317524 6,966 PHILLIPS WINE AND SPIRITS INC 317710 6,913 SHORT ELLIOTT HENDRICKSON INC 317669 6,724 M-R SIGN CO INC 317204 6,702 JOHNSON BROTHERS LIQUOR CO 317661 6,660 LEAGUE OF MINNESOTA CITIES 317700 6,630 PRECISION UTILITIES 317528 6,501 SOUTHERN GLAZER'S WINE AND SPIRITS OF MN 317637 6,379 HENNEPIN COUNTY TREASURER 317299 6,250 SOJOURNER PROJECT INC. 11350(E)6,240 HEALTHPARTNERS 317564 6,237 ACTION FLEET INC 317389 6,113 JOHNSON BROTHERS LIQUOR CO 317254 5,977 GRAINGER 317745 5,916 VAN PAPER COMPANY 317175 5,853 CAPITOL BEVERAGE SALES LP 317429 5,825 HINTERLAND CSG LLC 317696 5,730 PIONEER ATHLETICS 317173 5,602 BREAKTHRU BEVERAGE MN BEER LLC 317587 5,505 CARGILL INC 317485 5,447 BREAKTHRU BEVERAGE MN BEER LLC 317401 5,440 ADVANCED ENGINEERING & ENVIROMENTAL SERV 317280 5,261 NAC 317554 5,143 SOUTHERN GLAZER'S WINE AND SPIRITS OF MN Check Amount Supplier/Explanation Account Description Business Unit Comments3174585,100 PFM ASSET MANAGEMENT LLC 317396 5,100 SOUTHERN GLAZER'S WINE AND SPIRITS OF MN 317318 5,100 TYLER TECHNOLOGIES INC 317738 5,100 TYLER TECHNOLOGIES INC 317468 5,023 SSI KEF SLB LLC 317224 5,006 AVOLVE SOFTWARE 317482 4,912 EDEN PRAIRIE FIGURE SKATING CLUB 317427 4,846 HEALTHPARTNERS 317338 4,776 CAPITOL BEVERAGE SALES LP 317676 4,775 METRO SALES INCORPORATED* 317501 4,713 SOUTHERN GLAZER'S WINE AND SPIRITS OF MN 317508 4,707 ARTISAN BEER COMPANY 317659 4,672 LAW ENFORCEMENT LABOR SERVICES INC. 317412 4,594 CARLSON-LAVINE INC 317303 4,575 ST CROIX ENVIRONMENTAL INC 317342 4,572 JOHNSON BROTHERS LIQUOR CO 317670 4,503 MACDONALD & MACK ARCHITECTS LTD 317466 4,487 SOBANIA COMMUNITY SOLAR 317180 4,469 HOHENSTEINS INC 317385 4,349 CAPITOL BEVERAGE SALES LP 317371 4,315 PHILLIPS WINE AND SPIRITS INC 317548 4,295 PHILLIPS WINE AND SPIRITS INC 317327 4,235 XIGENT SOLUTIONS LLC 317740 4,200 UGAAP LLC 317444 4,171 METERING & TECHNOLOGY SOLUTIONS 317616 4,125 EDEN PRAIRIE EARLY CHILDHOOD 317725 4,045 SUREFITTERS 317124 4,015 SCOTT COUNTY 317660 3,946 LEAGUE MN CITIES INS TRUST WC 317123 3,837 SCOTT COUNTY 317251 3,834 FIRST RESPONSE MENTAL HEALTH INC 317617 3,797 EDINA/EDEN PRAIRIE EXPLORERS 317743 3,790 VACKER INC 317360 3,787 BREAKTHRU BEVERAGE MN WINE & SPIRITS 317684 3,753 MN EDUCATIONAL PROPERT LLC 317648 3,668 JASPER ENGINEERING & EQUIPMENT COMPANY 317131 3,665 BREAKTHRU BEVERAGE MN BEER LLC 317473 3,642 Symetra Life Insurance Company 317622 3,607 FIRE SAFETY USA INC 317726 3,603 T-MOBILE 317483 3,565 ARTISAN BEER COMPANY 317278 3,523 MINNESOTA VALLEY ELECTRIC COOPERATIVE 317539 3,506 CAPITOL BEVERAGE SALES LP 317272 3,500 MARTIN-MCALLISTER 317655 3,489 KLEIN UNDERGROUND LLC 317512 3,485 BREAKTHRU BEVERAGE MN WINE & SPIRITS 317227 3,383 CATALYST GRAPHICS INC 317666 3,333 LOCKRIDGE GRINDAL NAUEN PLLP 317748 3,298 WM CORPORATE SERVICES INC 317209 3,276 PHILLIPS WINE AND SPIRITS INC 317197 3,207 CAPITOL BEVERAGE SALES LP 317361 3,131 CAPITOL BEVERAGE SALES LP 317294 3,125 RELATE COUNSELING CENTER 317296 3,094 SAVATREE 317538 3,083 BREAKTHRU BEVERAGE MN WINE & SPIRITS 11323(E)3,070 INVOICE CLOUD INC 317160 3,046 SOUTHERN GLAZER'S WINE AND SPIRITS OF MN 317174 3,024 BREAKTHRU BEVERAGE MN WINE & SPIRITS Check Amount Supplier/Explanation Account Description Business Unit Comments3175793,017 BIFFS INC 317479 3,000 PITNEY BOWES BANK INC RESERVE ACCOUNT 317751 3,000 YMCA OF THE NORTH 317308 2,945 SUREFITTERS 317722 2,901 STREICHERS 317664 2,847 LIBERTY COMFORT SYSTEMS 317638 2,750 HENNEPIN HEALTHCARE 317143 2,660 JOHNSON BROTHERS LIQUOR CO 317290 2,656 PRESCRIPTION LANDSCAPE 317750 2,655 XTREME INTEGRATION 317618 2,644 ESTES AWS 317498 2,613 PHILLIPS WINE AND SPIRITS INC 317336 2,564 BREAKTHRU BEVERAGE MN BEER LLC 317350 2,562 SOUTHERN GLAZER'S WINE AND SPIRITS OF MN 317463 2,533 REVOLUTIONARY SPORTS, LLC 317583 2,520 BOUND TREE MEDICAL LLC 317434 2,511 JOSEPH O'BRIEN 317723 2,500 STUDIO NO 9 317459 2,486 POMP'S TIRE SERVICE INC 317356 2,484 ARTISAN BEER COMPANY 317195 2,472 BREAKTHRU BEVERAGE MN BEER LLC 317486 2,451 BREAKTHRU BEVERAGE MN WINE & SPIRITS 317746 2,440 WALL TRENDS INC 317574 2,439 ARVIG 317328 2,415 ZACKS INC 317674 2,392 METRO BLOOMS 317262 2,375 HOMELINE 317320 2,355 UNITED RENTALS (NORTH AMERICA) INC 317492 2,321 HOHENSTEINS INC 317252 2,289 FOUNDATION BUSINESS SYSTEMS, LLC 317420 2,252 ETHANOL PRODUCTS LLC 317333 2,236 ARTISAN BEER COMPANY 317734 2,195 TOTAL MECHANICAL SERVICES 317711 2,145 Showcase Striping Services Inc 317285 2,125 ONWARD EDEN PRAIRIE 317381 2,125 ARTISAN BEER COMPANY 317184 2,110 PHILLIPS WINE AND SPIRITS INC 11348(E)2,107 WEX 11340(E)2,096 PERA 317615 2,070 EDEN PRAIRIE CHAMBER OF COMMERCE 317577 2,069 BCM ONE 317176 2,018 CLEAR RIVER BEVERAGE CO 317337 1,995 BREAKTHRU BEVERAGE MN WINE & SPIRITS 317474 1,980 TGA OF CENTRAL HENNEPIN COUNTY 317135 1,952 BREAKTHRU BEVERAGE MN WINE & SPIRITS 317662 1,951 LEGACY GYMNASTICS 317430 1,892 HLS OUTDOOR 317451 1,875 MOVEFWD INC 317535 1,835 ARTISAN BEER COMPANY 317170 1,819 ARTISAN BEER COMPANY 317283 1,798 NORTH PINE AGGREGATE, INC 11322(E)1,796 AMERICAN EXPRESS 317517 1,795 HOHENSTEINS INC 317742 1,749 US SPECIALTY COATINGS 317189 1,748 WINE MERCHANTS INC 317186 1,746 RISE RIGHT LLC 317642 1,728 INBYLT 317379 1,721 WINE MERCHANTS INC Check Amount Supplier/Explanation Account Description Business Unit Comments3176631,667 LEXISNEXIS RISK SOLUTIONS FL INC 317636 1,659 HENNEPIN COUNTY TREASURER 317543 1,642 HOHENSTEINS INC 317346 1,626 PAUSTIS & SONS COMPANY 317226 1,622 BRYAN ROCK PRODUCTS INC 317411 1,608 BOLTON & MENK INC 317387 1,601 HOHENSTEINS INC 317436 1,600 LEAST SERVICES COUNSELING 317183 1,573 PAUSTIS & SONS COMPANY 317588 1,559 CDW GOVERNMENT INC. 317523 1,559 PAUSTIS & SONS COMPANY 317201 1,549 HOHENSTEINS INC 317693 1,549 PALADIN TECHNOLOGIES 317438 1,544 LHB INC 317719 1,536 SRF CONSULTING GROUP INC 317248 1,534 ELEMENT MATERIALS TECHNOLOGY 317384 1,530 BREAKTHRU BEVERAGE MN WINE & SPIRITS 317668 1,524 LYNDALE PLANT SERVICES 317570 1,500 AMERICAN ENVIRONMENTAL LLC 317697 1,450 POMP'S TIRE SERVICE INC 317705 1,448 REVOLUTIONARY SPORTS, LLC 317651 1,440 JOHNSTONE SUPPLY 317752 1,440 YORKTOWN OFFICES 317672 1,435 MENARDS 317753 1,430 YUE LIU 317626 1,422 GEAR GRID CORPORATION 317689 1,422 MULCAHY COMPANY INC 317472 1,420 STREICHERS 317572 1,413 ANCOM COMMUNICATIONS INC 317218 1,404 APPLE FORD SHAKOPEE 317699 1,403 PRECISE MRM LLC 317168 1,401 WINE MERCHANTS INC 317730 1,365 THOMAS COUSINS 317470 1,346 STANTEC CONSULTING SERVICES INC 317392 1,344 PAUSTIS & SONS COMPANY 11347(E)1,343 WEX 11342(E)1,341 WEX 317267 1,314 LANDS END CORPORATE SALES 317629 1,297 GRAINGER 317640 1,289 I-STATE TRUCK CENTER 317137 1,287 CAPITOL BEVERAGE SALES LP 317530 1,278 VINOCOPIA 317547 1,278 PAUSTIS & SONS COMPANY 317612 1,275 EARL F ANDERSON 317196 1,275 BREAKTHRU BEVERAGE MN WINE & SPIRITS 317347 1,250 PHILLIPS WINE AND SPIRITS INC 317675 1,228 METRO ELEVATOR 317514 1,223 CLEAR RIVER BEVERAGE CO 317192 1,211 ARTISAN BEER COMPANY 317435 1,203 KELE INC 317641 1,200 ICMA 317156 1,176 PHILLIPS WINE AND SPIRITS INC 317393 1,173 PHILLIPS WINE AND SPIRITS INC 317408 1,163 BLOOMINGTON, CITY OF 317584 1,135 BOUNDLESS NETWORK 11351(E)1,108 WEX 317162 1,093 SOUTHERN GLAZER'S WINE AND SPIRITS OF MN 317127 1,056 ARTISAN BEER COMPANY Check Amount Supplier/Explanation Account Description Business Unit Comments3175161,053 GREAT LAKES COCA-COLA DISTRIBUTION 317715 1,052 SIGN SOLUTIONS USA 317340 1,052 HOHENSTEINS INC 317506 1,051 WINE MERCHANTS INC 317417 1,050 DICK BUSS & ASSOCIATES LLC 317271 1,042 MARCO INC 317399 1,040 WINE MERCHANTS INC 317625 1,038 GARTNER REFRIGERATION & MFG INC 317198 1,027 CLEAR RIVER BEVERAGE CO 317282 1,027 NORTH AMERICAN SAFETY INC 317273 1,006 MENARDS 317567 993 AIRGAS USA LLC 317679 990 MICHAEL & MICHELLE LEISEN 317373 987 RISE RIGHT LLC 317631 986 GREAT LAKES COCA-COLA DISTRIBUTION 11334(E)965 WEX 11346(E)962 WEX 11362(E)958 WEX 317488 943 CLEAR RIVER BEVERAGE CO 317704 935 READY WATT ELECTRIC 317540 910 CLEAR RIVER BEVERAGE CO 317681 906 MINNEAPOLIS SAW COMPANY INC 317652 902 JSW EMBROIDERY & TACKLE TWILL 317321 900 USA SECURITY 317265 893 INTERNATIONAL UNION OF OPERATING 11316(E)874 WEX 317300 873 SOLUTION BUILDERS 11333(E)867 WEX 317571 859 AMERICAN RED CROSS 317141 852 HOHENSTEINS INC 317585 847 BROTHERS FIRE PROTECTION 11312(E)839 WEX 317562 839 ABM EQUIPMENT AND SUPPLY COMPANY 317378 832 WINE COMPANY, THE 317253 811 GOPHER STATE ONE-CALL 317233 801 CINTAS CORPORATION 317146 798 JOHNSON BROTHERS LIQUOR CO 317490 796 ELM CREEK BREWING COMPANY 317404 792 ASTLEFORD EQUIPMENT COMPANY INC 317364 788 HOHENSTEINS INC 317215 784 WINE MERCHANTS INC 317447 769 MINNESOTA MUNICIPAL BEVERAGE ASSOCIATION 317643 765 INNOVATIVE OFFICE SOLUTIONS 317274 754 METRO SALES INCORPORATED* 317487 750 CAPITOL BEVERAGE SALES LP 317167 744 WINE COMPANY, THE 317460 738 PRAIRIE ELECTRIC COMPANY 317362 721 CLEAR RIVER BEVERAGE CO 317276 717 MHSRC/DDP 317678 716 MHSRC/DDP 317199 708 DOMACE VINO LLC 317319 699 UNITED REFRIGERATION 317557 698 VINOCOPIA 317144 697 JOHNSON BROTHERS LIQUOR CO 317586 693 CAMPBELL KNUTSON, P.A. 317553 684 SMALL LOT MN 317716 675 SITEONE LANDSCAPE SUPPLY, LLC 317351 674 VINOCOPIA Check Amount Supplier/Explanation Account Description Business Unit Comments317154673 PAUSTIS & SONS COMPANY 317377 671 VINOCOPIA 317208 670 PAUSTIS & SONS COMPANY 317148 667 JOHNSON BROTHERS LIQUOR CO 317165 664 SOUTHERN GLAZER'S WINE AND SPIRITS OF MN 317504 654 VENN BREWING COMPANY 317390 649 MAVERICK WINE LLC 317520 647 MAVERICK WINE LLC 317221 647 ASPEN WASTE SYSTEMS INC. 317358 631 BELLBOY CORPORATION 317644 625 INTERSTATE POWER SYSTEMS INC 317352 613 WINE MERCHANTS INC 317701 611 PRINCIPAL FINANCIAL GROUP 317500 608 SMALL LOT MN 317527 608 SMALL LOT MN 317402 605 ANCOM COMMUNICATIONS INC 317269 600 LEVINE MARK HARVEY 317493 600 INSIGHT BREWING COMPANY LLC 317724 598 SUBURBAN CHEVROLET 11343(E)596 WEX 317755 595 ZOHO CORPORATION 317250 581 FASTENAL COMPANY 317258 576 HEALTHPARTNERS OCCUPATIONAL MEDICINE 317349 576 SMALL LOT MN 317172 576 BELLBOY CORPORATION 317169 571 WINEBOW 11329(E)568 WEX 317703 546 QUALITY PROPANE 317151 545 MODIST BREWING COMPANY 317555 540 URBAN GROWLER BREWING COMPANY LLC 11363(E)536 MINNESOTA DEPT OF REVENUE 317302 535 SRF CONSULTING GROUP INC 317368 534 MEGA BEER 317190 534 WINEBOW 317297 526 SHORT ELLIOTT HENDRICKSON INC 317382 519 BELLBOY CORPORATION 317164 518 SOUTHERN GLAZER'S WINE AND SPIRITS OF MN 317694 510 PAPER ROLL PRODUCTS 317153 503 PAUSTIS & SONS COMPANY 317480 500 RAMSEY COUNTY SHERIFF'S OFFICE 317608 500 DICK BUSS & ASSOCIATES LLC 317729 500 THE JAMAR COMPANY 11320(E)491 UKG INC 317159 480 RISE RIGHT LLC 317211 480 RISE RIGHT LLC 317494 480 INVICTUS BREWING CO 317503 480 URBAN GROWLER BREWING COMPANY LLC 11326(E)477 WEX 317380 477 WINEBOW 317728 477 THE ADVENT GROUP 317194 475 BELLBOY CORPORATION 317531 473 WINE COMPANY, THE 317558 473 WINE COMPANY, THE 11345(E)472 WEX 317497 471 MEGA BEER 317259 470 HENNEPIN COUNTY TREASURER 317682 468 MINNESOTA EQUIPMENT 317155 468 PHILLIPS WINE AND SPIRITS INC Check Amount Supplier/Explanation Account Description Business Unit Comments317692468 OLSEN CHAIN & CABLE 317477 455 WELTER JACK 317149 455 LUPULIN BREWING COMPANY 317366 455 LUPULIN BREWING COMPANY 317737 451 TWIN CITIES FLAG SOURCE, INC 317307 450 SUBURBAN WILDLIFE CONTROL INC 317428 450 HENNEPIN COUNTY TREASURER 317237 444 DIVERSE BUILDING MAINTENANCE 317521 442 MEGA BEER 317182 440 NEW FRANCE WINE COMPANY 317287 430 PETERSON COUNSELING AND CONSULTING LLC 317339 417 DOMACE VINO LLC 11361(E)413 WEX 317207 409 MODIST BREWING COMPANY 317573 405 ANDY GROTH 11324(E)404 INVOICE CLOUD INC 317295 402 SAMBATEK INC 317315 400 TRAFFIC CONTROL CORPORATION 317714 400 SIGHT AND SURF LLC 317353 391 WINEBOW 317147 377 JOHNSON BROTHERS LIQUOR CO 317560 374 WINEBOW 317632 370 GREATAMERICA FINANCIAL SVCS 317509 370 BARREL THEORY BEER COMPANY 317634 365 H M CRAGG CO 317217 350 A CLEAR SOLUTION AUTO GLASS REPAIR 317138 350 CLEAR RIVER BEVERAGE CO 317452 345 MPCA 317178 340 Haggard Barrel Brewing Company LLC 317188 336 STEEL TOE BREWING LLC 317533 334 WINEBOW 317386 330 DOMACE VINO LLC 317469 330 ST CROIX LINEN LLC 317507 328 WINEBOW 11328(E)327 WEX 317496 326 MAVERICK WINE LLC 317691 322 NOVAK-KREBS BETH 317544 318 INSIGHT BREWING COMPANY LLC 317139 318 DOMACE VINO LLC 317163 317 SOUTHERN GLAZER'S WINE AND SPIRITS OF MN 317166 313 STEEL TOE BREWING LLC 317229 313 CEF EP COMMUNITY SOLAR LLC 11327(E)308 OPTUM HEALTH 11325(E)307 WEX 317185 307 PRYES BREWING COMPANY 317264 306 I-STATE TRUCK CENTER 317687 306 MR CUTTING EDGE 11353(E)305 WEX 317578 304 BERRY COFFEE COMPANY 317611 300 DRAG N FLY WIRELESS INC 317416 299 DEZURIK 317309 296 T-MOBILE 317621 295 FIELD TRAINING SOLUTIONS 317489 294 DOMACE VINO LLC 317484 293 BARREL THEORY BEER COMPANY 317216 290 WINEBOW 317569 280 AMAZING ATHLETES OF CENTRAL MN 317653 280 KAPAUN, RYAN Check Amount Supplier/Explanation Account Description Business Unit Comments317604278 DAKOTA SUPPLY GROUP INC 317202 278 INSIGHT BREWING COMPANY LLC 317432 278 IDEAL SERVICE INC 317415 277 CORE & MAIN 317289 277 PREMIUM WATERS INC 317733 277 TOLL GAS AND WELDING SUPPLY 317206 276 LUPULIN BREWING COMPANY 317279 275 MINT CONDITION DETAILING INC 317683 275 MINT CONDITION DETAILING INC 317505 273 VINOCOPIA 11349(E)270 PAYCHEX 317596 266 COMCAST 317589 266 CEF EP COMMUNITY SOLAR LLC 317476 265 VESTIS SERVICES LLC 317370 262 PAUSTIS & SONS COMPANY 317268 261 LEAGUE MN CITIES INS TRUST 317545 260 INVICTUS BREWING CO 317372 259 RED BULL DISTRIBUTING COMPANY INC 317456 257 NORTH CENTRAL LABORATORIES 317418 256 DIRECTV 317247 253 EICHMAN NATHAN 317311 252 THE ADVENT GROUP 317150 247 MAVERICK WINE LLC 317529 245 UNMAPPED BREWING CO 317245 242 EDEN PRAIRIE NOON ROTARY CLUB 317161 242 SOUTHERN GLAZER'S WINE AND SPIRITS OF MN 317397 241 STEEL TOE BREWING LLC 317140 240 Haggard Barrel Brewing Company LLC 317200 240 Haggard Barrel Brewing Company LLC 317334 240 Back Channel Brewing Collective LLC 317357 240 Back Channel Brewing Collective LLC 317133 235 BREAKTHRU BEVERAGE MN BEER LLC 317624 233 FLYING CLOUD TRANSFER STATION 4553 11355(E)231 WEX 317323 230 VESTIS SERVICES LLC 317317 230 True North Controls 317316 228 TRANSUNION RISK & ALTERNATIVE DATA 11341(E)228 VANCO SERVICES 317437 226 LEONARD, MICHELLE 317536 226 BARREL THEORY BEER COMPANY 317549 226 PRYES BREWING COMPANY 317213 225 STEEL TOE BREWING LLC 317239 225 ECM PUBLISHERS INC 317551 225 RISE RIGHT LLC 317702 223 PUMP AND METER SERVICE 317301 218 SPS COMPANIES 317598 213 COMCAST 317542 211 ELM CREEK BREWING COMPANY 317582 210 BOLTON & MENK INC 317457 209 OFFICE OF MN IT SERVICES 317332 207 AM CRAFT SPIRITS SALES & MARKETING 317152 207 PAUSTIS & SONS COMPANY 317205 207 LIBATION PROJECT 317405 204 BARNA, GUZY & STEFFEN ,LTD 317228 204 CDW GOVERNMENT INC. 317450 199 MODERN OFFICE 317343 199 MINNESOTA ICE SCULPTURES LLC 317369 198 MODIST BREWING COMPANY Check Amount Supplier/Explanation Account Description Business Unit Comments317214198 SUMMER LAKES BEVERAGE LLC 317395 197 SMALL LOT MN 317556 192 VENN BREWING COMPANY 11314(E)190 WEX 317550 188 RED BULL DISTRIBUTING COMPANY INC 317522 187 NEW FRANCE WINE COMPANY 317635 186 HAAK LORI 317179 181 HEADFLYER BREWING 317391 181 NEW FRANCE WINE COMPANY 317246 180 EDEN PRAIRIE ROTARY CLUB 317568 180 AKSHAY RAVIKUMAR 317690 180 NORTH KATHERINE 317510 178 BOURGET IMPORTS 317134 177 BREAKTHRU BEVERAGE MN BEER LLC 317376 175 STEEL TOE BREWING LLC 317499 174 PRYES BREWING COMPANY 317735 172 TRUCK WORKS HOLDING LLC 317312 172 TIMESAVER OFF SITE SECRETARIAL INC 317732 172 TIMESAVER OFF SITE SECRETARIAL INC 317236 170 DAILEY DATA & ASSOCIATES 317219 167 ARCPOINT LABS OF EDINA 317658 164 LARISA KARACHENETS 317314 163 TOWMASTER INC 317243 162 EDEN PRAIRIE FIREFIGHTER'S RELIEF ASSOC 317491 160 Haggard Barrel Brewing Company LLC 317565 160 ADAMS PEST CONTROL INC 317388 160 INSIGHT BREWING COMPANY LLC 317177 159 DOMACE VINO LLC 317292 159 PROP - PR 317363 159 DOMACE VINO LLC 317203 158 INVICTUS BREWING CO 317157 156 PHILLIPS WINE AND SPIRITS INC 11337(E)155 US BANK - PAYMODE 317559 153 WINE MERCHANTS INC 317433 150 JOHANNESON ASHER MARYA 317649 150 JIM ANDERSON 317708 150 SHAWNA BONAIME 317130 150 BELLBOY CORPORATION 317171 147 BARREL THEORY BEER COMPANY 317519 146 LIBATION PROJECT 317367 146 MAVERICK WINE LLC 11331(E)142 WEX 317623 140 FLEETPRIDE INC 317129 139 BELLBOY CORPORATION 317298 139 SITEONE LANDSCAPE SUPPLY, LLC 317344 138 MODIST BREWING COMPANY 317707 135 S&S WORLDWIDE INC 317515 135 DOMACE VINO LLC 317541 135 DOMACE VINO LLC 317525 134 PRYES BREWING COMPANY 317606 133 DAXKO LLC 317561 131 WOODEN HILL BREWING COMPANY LLC 317706 131 RICHFIELD PRINTING INC 317191 130 56 BREWING LLC 317210 129 PRYES BREWING COMPANY 317576 128 ASPEN MILLS 317335 128 BELLBOY CORPORATION 317345 127 Montgomery Brewing Company LLC Check Amount Supplier/Explanation Account Description Business Unit Comments317414125 CASTILLO ELBA 317398 123 VINOCOPIA 317132 122 BREAKTHRU BEVERAGE MN BEER LLC 317235 122 CUSTOM HOSE TECH 317136 121 BREAKTHRU BEVERAGE MN WINE & SPIRITS 317425 121 GRIMCO INC 317348 121 SHAMROCK GROUP, INC - ACE ICE 317471 121 STAPLES ADVANTAGE 317534 119 WOODEN HILL BREWING COMPANY LLC 317594 119 COMCAST 317502 118 UNMAPPED BREWING CO 317305 114 STERICYCLE INC 317354 111 WOODEN HILL BREWING COMPANY LLC 317277 110 MICHAELA DAUBERT 317600 109 COMCAST 317601 109 COMCAST 317657 109 LANO EQUIPMENT INC 317526 109 SHAMROCK GROUP, INC - ACE ICE 317293 108 QUALITY PROPANE 317158 107 PRYES BREWING COMPANY 317442 106 MENARDS 317595 103 COMCAST 317677 103 METROPOLITAN FORD 317741 102 UKG INC 317355 100 AM CRAFT SPIRITS SALES & MARKETING 317310 100 T-MOBILE USA 317592 100 CHRIS CASTLE INC 317712 99 SHRED RIGHT 317403 99 ANDERSON LAKES ANIMAL HOSPITAL 317597 97 COMCAST 317413 95 CARLSTON, BRANDON 317222 95 AT & T 317419 95 ECM PUBLISHERS INC 317593 90 COMCAST 317421 90 FACTORY MOTOR PARTS COMPANY 317410 90 BOARD OF WATER & SOIL RESOURCES 317145 84 JOHNSON BROTHERS LIQUOR CO 317454 84 MUNOZ, MEGAN 317374 83 SHAMROCK GROUP, INC - ACE ICE 317128 78 ARTISAN BEER COMPANY 317394 77 SHAMROCK GROUP, INC - ACE ICE 11344(E)75 WEX 317193 72 BARREL THEORY BEER COMPANY 317721 71 STAPLES ADVANTAGE 317665 69 LINDAHL, DAVID 317220 68 ASPEN MILLS 317614 68 ECM PUBLISHERS INC Check Amount Supplier/Explanation Account Description Business Unit Comments31762065 FACTORY MOTOR PARTS COMPANY 317441 60 MCFOA REGION IV 317686 60 MPX GROUP, THE 317329 60 ZIEGLER INC 317443 57 MEREDITH KATE 317552 56 SHAMROCK GROUP, INC - ACE ICE 317231 55 CHC CREATING HEALTHIER COMMUNITIES 317713 54 SHULTS TATYANA 317426 52 GS DIRECT 317599 51 COMCAST 317605 50 DANELLE SIMENSON 317639 50 HOFFMAN MARK 317685 50 MOQUIST, LYNDON 317727 50 TESSMANN, STEVE 317731 50 THOMPSON, NATE 317322 50 VERMONT SYSTEMS, INC 317422 49 GRAINGER 317275 49 METROPOLITAN FORD 317465 48 SHULTS TATYANA 317263 47 HUNT, JASON 317409 45 BLUE LINE CUSTOM GIFTS 11352(E)44 WEX 317266 43 IRMITER, JESSE 317261 41 HENNEPIN COUNTY TREASURER 317439 41 MADISON, MELISSA 317695 37 PILGRIM DRY CLEANERS INC 11315(E)36 WEX 317241 33 EDEN PRAIRIE CRIME PREVENTION FUND 317406 32 BCA - MNJIS 317407 32 BCA - MNJIS 317627 32 GOERGEN, MARIE 317313 27 TOLL GAS AND WELDING SUPPLY 317532 26 WINE MERCHANTS INC 317481 26 STATE OF MINNESOTA 317709 26 SHERWIN WILLIAMS CO 317240 25 EDEN PRAIRIE CHAMBER OF COMMERCE 11338(E)25 MONEY MOVERS INC 317448 24 MINNESOTA TROPHIES & GIFTS 317446 23 MINNESOTA DEPT OF HEALTH 317341 22 INSIGHT BREWING COMPANY LLC 317718 22 SPOK, INC. 317232 20 CHRIS CASTLE INC 317455 19 NELSON, ROBIN 11360(E)18 WEX 317654 16 KELE INC 317142 16 JOHNSON BROTHERS LIQUOR CO 317288 16 PILGRIM DRY CLEANERS INC 317449 15 MINNESOTA VALLEY ELECTRIC COOPERATIVE 317260 14 HENNEPIN COUNTY TREASURER 317249 14 EVAN KOELEWYN 317286 14 OPHOVEN SAW SERVICE LLC 317324 14 WINSUPPLY EDEN PRAIRIE MN CO 317225 12 BOBBY & STEVE'S AUTO WORLD EDEN PRAIRIE 317244 11 EDEN PRAIRIE FOUNDATION 317688 9 MRI SOFTWARE LLC 11354(E)8 WEX 317281 8 NCPERS GROUP LIFE INSURANCE 4,265,233 Report Total