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cp09-09-25u __ HUTCHINSON A CITY ON PURPOSE. CITY OF HUTCHINSON MCLEOD COUNTY HUTCHINSON, MINNESOTA NOTICE OF A SPECIAL CITY COUNCIL WORKSHOP Tuesday, September 9, 2025 4:00 p.m. Council Chambers — Hutchinson City Center Notice is hereby given that the Hutchinson City Council has called a special workshop meeting for Tuesday, September 9, 2025, at 4:00 p.m. in the Council Chambers at the Hutchinson City Center, I I I Hassan Street SE, Hutchinson, Minnesota for the following purpose: • BUDGET WORKSHOP #3 (2026 PRELIMINARY BUDGET AND TAX LEVY) /si,'/ Matthew Jaunich, City Administrator DATED: September 5, 2025 POSTED: City Center HUTCHINSON CITY COUNCIL MEETING AGENDA TUESDAY, SEPTEMBER 9, 2025 CITY CENTER — COUNCIL CHAMBERS (The City Council is provided background information for agenda items in advance by city staff, committees and boards. Many decisions regarding agenda items are based upon this information as well as: Citypolicy andpractices, inputfrom constituents, and other questions or information that has not yet been presented or discussed regarding an agenda item) 1. CALL MEETING TO ORDER — 5:30 P.M. (a) Approve the Council agenda and any agenda additions and/or corrections 2. INVOCATION — The River Church (The invocation is a voluntary expression of the private citizen, to and for the City Council, and is not intended to ailiate the City Council with, or express the City Council's preferencefor, any religious/spiritual organization. The views or beliefs expressed by the invocation speaker have not been previously reviewed or approved by the Council or staff) 3. PLEDGE OF ALLEGIANCE 4. RECOGNITION OF GIFTS, DONATIONS AND COMMUNITY SERVICE TO THE CITY (a) Resolution No. 15905 — Resolution Accepting $1000.00 Donation from Glen Kurth for Netting at Veterans' Memorial Field PUBLIC COMMENTS (T is is an opportunity or members of the public to address the City Council. If the topic you would like to discuss is on the agenda, please ask the Mayor if he will be accepting public comments during the agenda item if not a public hearing. Ifyou have a question, concern or comment, please ask to be recognized by the mayor — state your name and address for the record. Please keep comments under 5 minutes. Individuals wishing to speakfor more than five minutes should ask to be included on the agenda in advance of the meeting. All comments are appreciated, but please refrain from personal or derogatory attacks on individuals) 5. CITIZENS ADDRESSING THE CITY COUNCIL 6. APPROVAL OF MINUTES (a) Strategic Planning Session of August 26, 2025 (b) Budget Workshop of August 26, 2025 (c) Regular Meeting of August 26, 2025 CONSENT AGENDA (The items listedfor consideration will be enacted by one motion unless the Mayor, a member of the City Council or a city staff member requests an item to be removed. Traditionally items are not discussed) 7. APPROVAL OF CONSENT AGENDA I (a) Consideration for Approval of Resolution No. 15906 - Resolution Approving Airport Maintenance & Operations Grant Agreement with MNDOT (b) Consideration for Approval of Resolution No. 15907 — Resolution Accepting Bid and Awarding Contract Letting No.5/Project No. 25-05 (Aircraft Hangar Repair Project) (c) Consideration for Approval of Issuing a Temporary Liquor License to the Hutchinson Chamber Foundation on September 18, 2025, at Arts Place (d) Consideration for Approval of Issuing Short -Term Gambling License to Gopher Campfire Sanctuary on December 3, 2025 CITY COUNCIL AGENDA —August 26, 2025 (e) Affirmation of Board Reappointments 1. Steve Hahn to Airport Commission to September 2028 2. Andrew Hedin to Airport Commission to September 2028 (f) Claims, Appropriations and Contract Payments — Register A 8. APPROVAL OF CONSENT AGENDA II (a) Claims, Appropriations and Contract Payments — Register B PUBLIC HEARINGS — 6:00 P.M. 9. DALE STREET SW IMPROVEMENTS (Letting No. 1/Project No. 25-01) (a)Approve/Deny Resolution No. 15903 - Resolution Ordering Improvement and Preparation of Plans and Specifications 10. 2025 STREET IMPROVEMENTS PROJECTS (Letting No. 2/Project No. 25-02) (a) Approve/Deny Resolution No. 15904 - Resolution Ordering Improvement and Preparation of Plans and Specifications 11. MODIFICATION TO THE DEVELOPMENT PROGRAM (DEVELOPMENT DISTRICT NO. 4) & TAX INCREMENT FINANCING (TIF) PLAN (ESTABLISHMENT OF TAX INCREMENT FINANCING DISTRICT NO.4-24, A HOUSING DISTRICT) (a) Approve/Deny Resolution No. 15908 — A Resolution Approving the Adoption of a Modification of a Development Program for Municipal Development District No. 4; Establishing Tax Increment Financing District No. 4-24 within Municipal Development District No. 4; Approving the Tax Increment Financing Plan Therefor; Authorizing an Interfund Loan for Tax Increment Financing District No. 4-24; Authorizing Execution of a Development Agreement; Approving the Elimination of a Parcel from Tax Increment Financing District No. 4-16 within Municipal Development District No. 4; and Authorizing the Forgiveness of an Interfund Loan for Tax Increment Financing District No. 4-16 MN"ICATIONS RE UESTS AND PETITIONS purpose 5777 is portion oj the agenda is to provide the ounci with information necessary to craft wise policy. Wes items like monthly or annual reports and communications from other entities.) UNFINISHED BUSINESS 12. APPROVE/DENY SECOND READING AND ADOPTION OF ORDINANCE NO. 25-858 — AN ORDINANCE FOR THE SALE OF MUNICIPALLY -OWNED PROPERTY TO HUTCHINSON — THE LANDING, LLC 13. APPROVE/DENY SECOND READING AND ADOPTION OF ORDINANCE NO. 25-859 — AN ORDINANCE OF THE CITY OF HUTCHINSON VACATING THE ALLEY IN BLOCK 41, NORTH HALF HUTCHINSON 2 CITY COUNCIL AGENDA —August 26, 2025 14. APPROVE/DENY SECOND READING AND ADOPTION OF ORDINANCE NO. 25-860 — AN ORDINANCE OF THE CITY OF HUTCHINSON VACATING THE RIGHT-OF-WAY (SANITARY SEWER) EASEMENT LOCATED AT 126 FRANKLIN STREET NW NEW BUSINESS GOVERNANCE (The purpose of this portion of the agenda is to deal with organizational development issues, including policies, performances, and other matters that manage the logistics of the organization. May include monitoring reports, policy development and governance process items) 15. MINUTES/REPORTS FROM COMMITTEES, BOARDS OR COMMISSIONS a) Hutchinson Library Board Minutes from June 23, 2025 b) Planning Commission Minutes from April 15, 2025 c) Planning Commission Minutes from July 15, 2025 MISCELLANEOUS 16. STAFF UPDATES 17. COUNCIL/MAYOR UPDATE ADJOURNMENT CITY OF HUTCHINSON RESOLUTION NO. 15905 RESOLUTION ACCEPTING DONATION WHEREAS, the City of Hutchinson is generally authorized to accept donations of real and personal property pursuant to Minnesota Statutes Section 465.03 for the benefit of its citizens, and is specifically authorized to accept gifts and bequests for the benefit of recreational services pursuant to Minnesota Statutes Section 471.17; and WHEREAS, the following persons or entities have offered to contribute the cash amounts set forth below to the city: Name of Donor Amount Donation Date Glen Kurth $1,000.00 8/22/2025 WHEREAS, such donations have been contributed to the City of Hutchinson Parks Department towards protective netting above the grandstand at Veterans Memorial Field. WHEREAS, the City Council finds that it is appropriate to accept the donation offered. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF HUTCHINSON, MINNESOTA, AS FOLLOWS: THAT, the donation described above is hereby accepted by the City of Hutchinson. Adopted by the City Council this 9th day of September 2025. ATTESTED: Matthew Jaunich City Administrator APPROVED: Gary T. Forcier Mayor STRATEGIC PLANNING SESSION — FINALIZING THE PLAN AUGUST 26, 2025 — 3:00 P.M. MINUTES Members present: Mayor Gary Forcier called the session to order. Members present were Tim Burley, Dave Sebesta, Pat May and Chad Czmowski. Others present were Matt Jaunich, City Administrator and other city directors and staff. 1) Review of Strategic Plan Matt Jaunich, City Administrator, presented before the Council. Mr. Jaunich explained that this session is a follow-up to the session held last month. Mr. Jaunich noted again that the seven core areas of focus for the City are public safety, health & recreation, transportation, economic development, environment, good government and housing and all these areas of focus are incorporated into the strategic plan. Mr. Jaunich also reviewed the eight strategic goals that were identified in 2017 that staff feels are still relevant today. These goals include: 1) We want to be known as a destination place for recreation, art and leisure. 2) We want to have a growing, diverse economy with a skilled workforce. 3) We want to have a variety of housing for a broad range of households in our community. 4) We want to have welcoming and safe city facilities to service current and future generations. 5) We want to have cost effective, reliable, and sustainable energy and practices. 6) We want to have high quality, multi -modal transportation and infrastructure systems. 7) We want to have active citizen engagement, participation and involvement. 8) We want to have fiscally responsible management to serve3 community needs. Mr. Jaunich also reviewed the various ideas, barriers, and projects that were identified in the planning sessions held last year and at the last session in achieving the eight strategic goals. Mr. Jaunich lastly reviewed the four strategic directions that will assist staff and Council in achieving the eight strategic goals. These directions include Planning, Growing, Engaging and Paying. Mr. Jaunich noted that staff had put together one to two year goals and three to five year goals to accomplish on the strategic plan and want to get more feedback/input/direction from the Council on goals/projects that should be added, removed or changed. Some of the "big ticket" items that were discussed at the last strategic planning session included: Sales tax renewal and other expanded funding options Funding for new ladder truck City Center remodel Future of Event Center Utility expansion to Hwy 22 & 7 intersection HATS facility upgrade Prioritizing Park and Recreation facilities — new and old General discussion was held regarding the large interest in housing developments by developers that have been presented to the City since the Spring of 2024. Mr. Jaunich spoke to the Council regarding gauging their desire for Parks & Recreation projects when so many requests are being made to the City. Mayor Forcier noted that maintenance of projects/facilities needs to be considered when new ones are taken on. Mr. Jaunich also spoke about the large repairs/maintenance that are required on current facilities such as the aquatic center and ice arenas and other facilities. Council Member Burley also spoke about the large costs of maintaining current facilities and new facilities and he suggested that if organizations request a project they must have funds raised to contribute to the project. Council Member Czmowski noted that he doesn't feel a strict policy for fundraising efforts can be pinpointed because it will always be a moving target. He stated that he feels the amount of money raised, the amount of people/users affected, and such need to be considered with each project. General discussion was held regarding the use and future use of the Event Center/Senior Center. General discussion was also held regarding potential sales tax renewal. The general consensus of the Council was to maintain what the City currently has and only consider other projects if organizations have serious funds raised to contribute to the project. Mr. Jaunich asked the Council to consider any changes they feel need to be made to the one to five year goals that have been identified by staff. Council Members did express that updates to facilities such as the ice arenas, aquatic center, other parks/recreation facilities, etc. should attempted to be funded by a sales tax. Council Member Czmowski asked that staff put together an estimate to add on to the Rec Center for a senior center space as well as an estimate to renovate/update the Event Center. 2) Next Steps/Future Meetings Formal approval of the strategic plan will be placed on an upcoming City Council agenda. Motion by May, second by Czmowski, to adjourn at 3:55 p.m. Motion carried unanimously. ATTEST: Gary T. Forcier Matthew Jaunich Mayor City Administrator HUTCHINSON CITY COUNCIL REVIEW OF 2026 PRELIMINARY CAPITAL IMPROVEMENT PLAN MINUTES TUESDAY, AUGUST 26, 2025, AT 4:00 PM CITY CENTER — COUNCIL CHAMBERS 1. Call to Order Mayor Forcier called the workshop to order at 4:00 p.m. Members present included Tim Burley, Pat May, Dave Sebesta and Chad Czmowski. Others present were Matt Jaunich, City Administrator and other city directors. REVIEW OF 2026 PRELIMINARY CAPITAL IMPROVEMENT PLAN 2. 2026 Preliminary Capital Improvement Plan Matt Jaunich, City Administrator, presented before the Council. Mr. Jaunich reviewed the purpose of a capital improvement plan and the planning that goes into it. A CIP is a document that realistically projects city needs, outlines means by which those needs can be met and provides prioritization of those needs for large capital items within the city. The planning process provides city staff and Council with a framework to make decisions regarding current and future city needs considering the city's financial capability. The CIP commits the City to a long term capital plan that ensures that expenditures can be made to add or replace capital items when needed, without significant fluctuations in the property tax levy. Capital planning enables the City to maintain a stable property tax rate, prevent peaks and valleys in its debt retirement program and establish and thereafter improve its credit rating. The CIP establishes a comprehensive development program that is used to maximize outside revenue sources and effectively plan for the growth and maintenance of the city's infrastructure. The plan can and should be used as a goal, priority and vision -setting tool. Mr. Jaunich also reviewed how the CIP Plan is built which includes individual City Council goals and collective Council goals; citizens/business/user feedback to elected officials (needs, wants, desires of the community); City staff long-term maintenance and replacement schedules; and state/federal mandates. Mr. Jaunich began an overview of the five year capital plan document. The proposed plan is estimated at $73.09 million. The Plan is approximately $7.31 million higher than last year's five- year plan. The plan has an annual average CIP cost of $14.62 million. 2026's $15.23 million CIP cost currently accounts for approximately 25-30% of all budgeted expenses. For comparison purposes, this year's (2025) general fund budget is $15.71 million. Large projects included in the plan are the Campground ($500,000) in 2026; City Center remodel ($2.3 million); ladder truck ($1.5 million); and the biodsolids project ($5 million) in 2026& 2027; HATS facility ($10.3 million) in 2027; ice rink improvements ($2.9 million) in 2028 & 2029; splash pad ($2 million); aquatic center upgrades ($450,000) and pickleball courts ($600,000) in 2029. Mr. Jaunich reviewed that the plan is divided into infrastructure at $20.92 million; Park & Rec at $9.85 million; Enterprise Funds at $23.51 million; Public Works at $13.50 million; Public Safety at $2.64 million and General Government at $2.68 million. The make-up of the CIP includes: New Debt: $14.85 million (amount of money that we need to borrow to pay for capital projects); Aid/Grants/Donations (state aid, federal/state/county grants, bonding dollars, donations): $21.32 million; Enterprise Funds (Creekside, Liquor Store, Refuse, Water, Sewer, Wastewater, Stormwater): $18.94 million; Taxes (money from our tax levy that gets designated towards capital projects): $7.65 million; Special Assessments (direct costs that will be assigned to property owners adjacent to projects): $2.85 million; Special Funds/Reserves (rural fire department, cooperative agreements, special funds): $164,500. Mr. Jaunich reviewed the CIP funding sources for various funds. Within the general fund, facility improvements are funded by the capital projects fund. $850,000 of LGA is dedicated annually and $50,000 is dedicated for playgrounds. Fleet & Equipment is funded by the Equipment Replacement Fund. There is an annual transfer of $425,000 from the general fund and $50,000 from the LGA fund as the current funding is not adequate for the "small' and "heavy" fleet needs. An additional funding source of about $274,900/year is needed. Other Capital Needs are funded by departmental budgets through the tax levy, grants/donations and/or other city funding. Within the enterprise funds, the funding comes from cash flow from operations and is driven by user revenue. Cash reserves are also used for funding. Debt service payments are funded by revenue from operations. Infrastructure improvements debt are covered by G.O. special assessment improvements bonds, G.O. Bonds for police facility, special assessments, municipal state aid for streets and federal aid, grants, enterprise fund contributions and other city funding from Capital Projects and Community Improvement. The Capital Projects Fund funding sources come from LGA, bonding dollars and grants. The use of these funds are for general fund capital improvements included in the Facility Plan, miscellaneous infrastructure maintenance such as trails, sidewalks, parking lots, street lights, sealcoating, etc., and other projects approved by the City Council. The 2024 year-end unreserved cash balance is $1,210,340 from this fund. The Community Improvement Fund funding sources come from retired debt service funds and donations. The use of these funds are for City Council approved projects and Public Arts Commission & other public arts projects. The 2024 year-end unreserved cash balance is $2,068,009 from this fund. The Public Sites Fund funding sources come from park dedication fees, donations, grants and rent on agricultural land. The use of these funds are for parkland improvements, tree development, arts, and City Council approved projects. The 2023 year-end unreserved cash balance is $270,768 from this fund. Mr. Jaunich noted where the proposed 2026 CIP monies are going to. They include $3.85 million for infrastructure (Edmonton Avenue, Larson/Bradford/Orchard/Sherwood/Elks/etc., and sealcoating); $1.53 million for Park & Rec (pool repairs/features, vehicles/equipment, playgrounds, campground, and outdoor basketball courts); $7.20 million for Enterprise Funds (liquor store improvements, Creekside equipment, water and wastewater improvements and equipment, water meters and storm water improvements); $1.25 million for Public Works (airport, cemetery and vehicles/equipment); $1.04 million for Public Safety (fire truck and squad car/police robot; $363,000 for General Government (City Center). Mr. Jaunich then reviewed where the proposed 2026 CIP monies are coming from. They include $3.78 million from New Debt (amount of money that we are planning to borrow to pay for capital projects next year); $2.11 million from Aid/Grants; $5.89 million from Enterprise Funds; $2.72 million from Taxes (money from our tax levy that is helping to pay for capital projects next year); $559,104 from Special Assessments (direct costs that will be assigned to property owners adjacent to projects); and $175,000 from Unfunded. Mr. Jaunich reviewed the five components of the Plan which include the fleet committee, facilities committee, Creekside, Resource Allocation Committee and General. Mr. Jaunich provided an overview of fleet. With regard to light duty fleet there are currently 89 pieces of light duty equipment such as cars, pickups, skid loaders, etc. Currently $475,000 of CIP funds are allocated annually for light duty fleet, funded by the general fund. The unreserved fund balance at the end of 2024 acquisitions is $957,000. In 2026, eight vehicles/equipment have been recommended for replacement at an estimated gross cost of W9,259. With regard to heavy duty fleet, the City currently has 23 pieces of heavy-duty equipment which are made up of fire apparatuses, snow equipment, frontend loaders, etc. The current plan includes $1,496,663 million of costs in 2026 and 2027 to replace the fire ladder truck, in addition to $600,641 expected to be paid in 2025 for a total cost of $2,094,304. Funding this purchase will likely include reserves from the Equipment Replacement and Capital Projects funds, in addition to possible debt issued in 2026. In 2024, a snow plow truck chassis was purchased at a total cost of $126,749. The snow equipment was installed in 2025 at a cost of $153,987, for a total cost of $280,735. A used tandem -axle truck was purchased at a cost of $121,790. In 2025, a snow plow truck is being replaced at a total estimated cost of $279,000. The chassis has been purchased to date and the snow equipment is being installed. The City took a significant step in meeting its demand for heavy equipment in 2016 with bonded debt for several large pieces of equipment — the five-year debt expired in February 2022 and noting that future debt for heavy equipment would increase the City's debt tax levy. The light duty and heavy-duty fleet program is still currently not sustainable with this plan. The current plan has an annual shortage of roughly $274,900 mostly attributed to heavy fleet but it's improving. Staff is continuing to look at bonding/borrowing for future heavy- duty fleet such as the fire ladder truck. The City has allocated $50,000 of its LGA increase in 2024 to Fleet. Policy focus of the City is to put more focus on the Vehicle Condition Index and less focus on expected life, although service age is a major component of the VCI. Mr. Jaunich provided an update on the facility committee. Overall, the facility planning concept/funding model with a facility manager continues to work well. Construction costs have increased significantly and lead times for equipment/supply can run as long as 35 weeks making things difficult. Park and Recreation facilities are taking up the majority of the City's facility funds. A small project building repair fund has been established with $50,000 per year set aside to address smaller facility items such as lighting upgrades, small roof projects, tuck pointing/joint repair, etc. Facility Committee staff continue to assess condition ratings and develop a project list based on needs. Mr. Jaunich then reviewed the major projects in 2025 which included the finishing of the grandstand and lighting project at VMF, bathroom remodel at VMF, City Center space needs study, pool re-coat/repairs about to begin and Roberts Park lighting project is about to begin. Mr. Jaunich also reviewed the current facility plan budget. Mr. Jaunich reviewed the 5 Year CIP for both the compost and refuse funds which is just over $1.59 million. Items include equipment and vehicles, office expansion, bagging line improvements and other facility/equipment upgrades. The previous five-year CIP was just over $1.52 million. Public Works projects included in the 2026 plan are: Edmonton Avenue reclaim; Larson/Bradford/Orchard/Sherwood/Elks/Randall reclaim; sealcoating; airport snow shed; HATS roof, Southfork pond; continued work on Lakes/River basin improvements; water meter replacements; additional upgrades to water and wastewater facilities (biosolids project); and vehicle/equipment replacements. Mr. Jaunich then noted Public Works CIP projects slated for 2027-2030. Parks & Recreation projects included in the 2026 plan are: aquatic center repairs and pool feature upgrades; West rink rubber floor at Burich Arena; North Park playground equipment; campground expansion; outdoor basketball court (half funded); parks garage HVAC and Rec Center office HVAC; and vehicle/equipment replacements. Mr. Jaunich then noted Parks & Recreation CIP projects slated for 2027-2030. 2026 Public Safety Projects include fire department garage door and floor improvements; second payment on the fire ladder truck; police tactical robot and vehicle and equipment replacements for inspections/fire/police. Mr. Jaunich then noted Public Safety CIP projects slated for 2027-2030. Mr. Jaunich reviewed several projects that do not have a funding source which include outdoor basketball court, east/west rink floor replacements at Burich Arena, pool resurfacing, splash pad, pickleball courts and HATS facility improvements. He noted that the Lakes/River basin improvements project has funding from state dollars which started in 2024 and is ongoing. There are long-term funding needs for heavy and light fleet. There is nothing set aside for funding for infrastructure for new development. Staff is working on a plan that includes fund balances and new debt to update the City Center. Staff is running additional debt scenarios for additional funds for infrastructure improvements. There is state bonding available for the HATS facility. Council Member Czmowski noted that the splash pad and pickleball courts projects should not move forward unless fundraising monies are contributed. Mr. Jaunich reviewed project funding limitations/concerns. These include costs to fund infrastructure; $1.9 million bonding target limitations; looking at additional debt capacities for ladder truck, City Center remodel and street improvements; dedicated street sealcoating funding at $125,000/year; infrastructure maintenance needs at $325,000/year; construction costs/inflation; utility funds capacity; municipal state & federal aid utilization; local sales tax is still a big question; impact of legislative changes to water/wastewater and costs associated with it. The Council needs to identify the priorities. Mr. Jaunich spoke about other potential funding options: one-time public safety aid; new housing aid; sale of Event Center; capital projects fund; community improvement fund and public sites fund. Mr. Jaunich spoke more about the one-time public safety aid. There is currently $91,273 remaining. These funds can be used for things such as community violence prevention and intervention programs, community engagement, mental health crisis responses, victim services, training programs, first responder wellness, equipment related to fire/rescue/emergency services, and to pay other personnel or equipment costs. Mr. Jaunich also spoke about affordable housing aid. $167,965 is currently available. The HRA has requested use of all of the funds for their City Home Improvement Program. Crow River Habitat for Humanity has asked for $80,000 to assist in the construction of a new home. Allowable uses for these funds include emergency rental assistance for households earning less than 80% of area median income as determined by HUD; financial support to nonprofit affordable housing providers; construction, acquisition, rehabilitation, demolition or removal of structures, construction financing, permanent financing, interest rate reduction, refinancing and gap financing for homeownership projects and rental housing projects; emergency rental assistance for households earning less than 80% of area median income as determined by HUD; and use of funds for new construction or substantial rehabilitation of a building containing more than four units. Mr. Jaunich lastly spoke about the future of the city sales tax option. The local sales tax went into effect in 2011 and the City is currently collecting approximately $1.825 million per year. These funds help cover debt payments associated with the water and wastewater systems and help assist with funding options for capital improvements in the water and wastewater system. The local option sales tax expires at the end of 2029 or when revenues are sufficient to pay for the projects and associated bond costs which would be in 2026. The previous moratorium has ended with no new law changes on sales tax with the previous process being put back in place. Mr. Jaunich also noted that currently staff is looking at a 15% preliminary tax levy increase. One main reason is that there is no new revenue coming in like previous years. In addition, there is a projected 12-15% increase in health insurance costs. More information will be presented at the budget workshop on September 9, 2025. Mr. Jaunich asked that the Council study the debt analysis that was distributed at today's workshop. The splash pad and pickleball courts will be removed from the CIP plan at this time. The HATS facility will be monitored as legislative decisions are made. Debt for the fire ladder truck and other projects will be studied and reviewed. It was noted what a significance the contributions from the enterprise funds bring to the general fund. 3. Adjournment Motion by Czmowski, second by May, to adjourn the workshop at 5:15 p.m. Motion carried unanimously. ATTEST: Gary T. Forcier Mayor Matthew Jaunich City Administrator HUTCHINSON CITY COUNCIL MEETING MINUTES TUESDAY, AUGUST 12, 2025 CITY CENTER — COUNCIL CHAMBERS (The City Council is provided background information for agenda items in advance by city staff, committees and boards. Many decisions regarding agenda items are based upon this information as well as: Citypolicy andpractices, inputfrom constituents, and other questions or information that has not yet been presented or discussed regarding an agenda item) 1. CALL MEETING TO ORDER — 5:30 P.M. Mayor Gary Forcier called the meeting to order. Members present were Tim Burley, Pat May, Chad Czmowski and Dave Sebesta. Also present were Matt Jaunich, City Administrator and Marc Sebora, City Attorney. (a) Approve the Council agenda and any agenda additions and/or corrections Matt Jaunich, City Administrator, noted that an additional item needs to be added under New Business as Item 11.5 —approving a satisfaction of mortgage. Motion by Burley, second by Czmowski, to approve the agenda with the additional item noted. Motion carried unanimously. 2. INVOCATION — A moment of silence was held in lieu of an invocation. (The invocation is a voluntary expression of the private citizen, to and for the City Council, and is not intended to affiliate the City Council with, or express the City Council's p referencefo r, any religious/spiritual organization. The views or beliefs expressed by the invocation speaker have not been previously reviewed or approved by the Council or staff) 3. PLEDGE OF ALLEGIANCE 4. RECOGNITION OF GIFTS, DONATIONS AND COMMUNITY SERVICE TO THE CITY PUBLIC COMMENTS (T is is an opportunity or members of thepublic to address the City Council. If the topic you would like to discuss is on the agenda, please ask the Mayor if he will be accepting public comments during the agenda item if not a public hearing. If you have a question, concern or comment, please ask to be recognized by the mayor — state your name and address for the record. Please keep comments under 5 minutes. Individuals wishing to speakfor more than five minutes should ask to be included on the agenda in advance of the meeting. All comments are appreciated, but please refrain from personal or derogatory attacks on individuals) 5. CITIZENS ADDRESSING THE CITY COUNCIL 6. APPROVAL OF MINUTES (a) Strategic Planning Session of July 22, 2025 (b) Regular Meeting of July 22, 2025 Motion by Czmowski, second by Sebesta, to approve the minutes as presented. Motion carried unanimously. CONSENT AGENDA (The items iste or consi eration will be enacted by one motion unless the Mayor, a member of the City Council or a city staff member requests an item to be removed. Traditionally items are not discussed) 7. APPROVAL OF CONSENT AGENDA I (a) Consideration for Affirmation of Board Appointments/Reappointments 1. Appointment of Heidi Tague to Bicycle/Pedestrian Advisory Committee to August 2028 2. Reappointment of Mark Hanneman to Bicycle/Pedestrian Advisory Committee to August 2028 3. Reappointment of Deb Card to Bicycle/Pedestrian Advisory Committee to August 2028 4. Reappointment of Margo Kaping to PRCE Advisory Board to August 2028 CITY COUNCIL MINUTES —August 12, 2025 5. Reappointment of Liz Stearns to PRCE Advisory Board to August 2028 (b) Consideration for Approval of Construction Services Agreement with Nero Engineering (Solids Improvement Project) (c) Consideration for Approval of Engineering Services Agreement with SEH (Pond Planning Proposal) (d) Consideration for Approval of Hangar Repair Project (e) Consideration for Approval of Repairs for Aquatic Center (f) Consideration for Approval of Squad Car Purchase (g) Consideration for Approval of Resolution No. 15892 — Resolution Approving the Decertification of Tax Increment Financing District 4-20 of the City of Hutchinson (h) Claims, Appropriations and Contract Payments — Register A Motion by May, second by Sebesta, to approve Consent Agenda I. Motion carried unanimously. 8. APPROVAL OF CONSENT AGENDA II (a) Claims, Appropriations and Contract Payments — Register B Motion by Burley, second by May, with Czmowski abstaining, to approve Consent Agenda II. Motion carried unanimously. PUBLIC HEARINGS — 6:00 P.M. - NONE MMUNICATIONS RE UESTS AND PETITIONS purpose o t is portion oJ the agenda is to provi e the ounci with information necessary to craft wise policy. Wes items like monthly or annual reports and communications from other entities.) UNFINISHED BUSINESS NEW BUSINESS 9. APPROVE/DENY RESOLUTION NO. 15891 — RESOLUTION ACCEPTING BID AND AWARDING CONTRACTS FOR THE ROBERTS PARK COMPLEX LIGHTING PROJECT Lynn Neumann, PRCE Director, presented before the Council. Ms. Neumann explained that the equipment and installation were bid out separately with the total bid package coming in at $574,785.00 which was below the original estimate of $765,000. This project has been included in the Facilities Plan and the capital improvement plan for several years. The project has faced several delays and the lights are now in disrepair and require replacement. Motion by Czmowski, second by May, to approve Resolution No. 15891. Motion carried unanimously. 2 CITY COUNCIL MINUTES —August 12, 2025 10. APPROVE/DENY SETTING STRATEGIC PLANNING SESSION FOR AUGUST 26, 2025 Motion by May, second by Burley, to set strategic planning session for August 26, 2025, at 3:00 p.m. Motion carried unanimously. 11. APPROVE/DENY SETTING BUDGET WORKSHOPS FOR AUGUST 26 AND SEPTEMBER 9, 2025 Motion by May, second by Burley, to set budget workshops for August 26 and September 9, 2025, at 4:00 p.m. Motion carried unanimously. 11.5 APPROVE/DENY SATISFACTION OF MORTGAGE Marc Sebora, City Attorney, presented before the Council. Mr. Sebora explained that in 1996 JME, Inc., the predecessor to Impressions Inc. received a forgivable loan from the EDA that was secured by a mortgage from JME, Inc. The loan was to be forgiven after 10 years if JME, Inc. did not sell any of its property or did not go through bankruptcy. Neither of those events happened so the loan was forgiven. The City was contacted recently by an attorney representing Impressions, Inc. asking for a formal satisfaction of the mortgage so that this outstanding mortgage could be recorded as satisfied in order to provide clear title to the property. Motion by May, second by Czmowski, to approve satisfaction of mortgage with JME, Inc. Motion carried unanimously. GOVERNANCE (The purpose of this portion of the agenda is to deal with organizational development issues, including policies, performances, and other matters that manage the logistics of the organization. May include monitoring reports, policy development and governance process items) 12. MINUTES/REPORTS FROM COMMITTEES, BOARDS OR COMMISSIONS (a) City of Hutchinson Financial Report and Investment Report for June 2025 NHSCELLANEOUS 13. STAFF UPDATES Tom Gifferson — Chief Gifferson spoke about motorized scooters compared to ebikes and even skateboards. Staff reminded listeners that biking, skateboarding, etc. is not allowed in the downtown district on the sidewalks. General discussion was held regarding bicycle rules/regulations and perhaps signage/speed limits/etc. on trails. This will be a topic of discussion at the Bicycle/Pedestrian Advisory Committee. Lynn Neumann — Ms. Neumann noted that the aquatic center closes this Saturday, however will remain open for early morning lap swim for the next week or two. There may be some bonus days for the aquatic center if there is adequate staffing. If this is able to be achieved, information will be posted on the PRCE Facebook page. Mike Stifter — Mr. Stifter noted that Hassan Street paving/striping is complete. Dale Street will have concrete work complete this week with paving starting next week. Matt Jaunich — Mr. Jaunich noted that backyard chicken regulations/licensing are in effect and available. The City has issued one license so far. CITY COUNCIL MINUTES —August 12, 2025 14. COUNCIL/MAYOR UPDATE Several Council Members noted that the Hutch Huskies amateur baseball team are in the state tournament which is being hosted in Hutchinson this year. They also commented on the McLeod County Fair starting on Thursday and the successful Stroll for Hope event held last week. ADJOURNMENT Motion by May, second by Czmowski, to adjourn at 6:05 p.m. Motion carried unanimously. ATTEST: Gary T. Forcier Mayor Matthew Jaunich City Administrator .19 c: HUTCHINSON CITY COUNCIL HUTCHINSON Request for Board Action A CITY ON PURPOSE IIIIIIII Maintenance and Operations Agreement with MNDOT Aeronautics Agenda Item: Department: Public Works LICENSE SECTION Meeting Date: 9/9/2025 Application Complete N/A Contact: Mike Stifter Agenda Item Type: Presenter: Mike Stifter Reviewed by Staff ❑ Consent Agenda 0 Time Requested (Minutes): 1 License Contingency N/A Attachments: Yes BACKGROUND/EXPLANATION OFAGENDA ITEM: This is the annual renewal of the maintenance and operations agreement with MNDOT aeronautics. This agreement covers up to $25,000 per year for eligible airport maintenance and operations expenses. BOARD ACTION REQUESTED: Approval of resolution & consent to enter into fiscal years 2026 and 2027 Fiscal Impact: $ 0.00 Funding Source: FTE Impact: Budget Change: New Bu Included in current budget: No PROJECT SECTION: Total Project Cost: Total City Cost: Funding Source: N/A Remaining Cost: $ 0.00 Funding Source: N/A MDEPARTMENT OF TRANSPORTATION STATE OF MINNESOTA STATE AIRPORTS FUND MnDOT Agreement No. 1060326 AIRPORT MAINTENANCE AND OPERATIONS GRANT AGREEMENT State Project Number (S.P.): A4304-MO26 State Project Number (S.P.): A4304-MO27 This Agreement is between the State of Minnesota, acting through its Commissioner of Transportation ("State") and City of Hutchinson, City of Hutchinson, I I I Hassan Street SE, Hutchinson, MN 55350 acting through its City Council ("Grantee") ("Agreement"). RECITALS Minnesota Statutes §§360.015 and 360.305 authorize the State to provide financial assistance to airports for maintenance and operations activities. 2. Grantee owns, operates, or controls an airport ("Airport") in the state system, and desires financial assistance from the State for maintenance and operations activities for State Fiscal Year 2026 and State Fiscal Year 2027. Grantee represents that it is duly qualified and agrees to perform all services described in this Agreement to the satisfaction of the State. AGREEMENT TERMS 1. Term of Agreement and Survival of Terms I.I. Effective Date. This Agreement will be effective on the date the State obtains all required signatures under Minnesota Statutes §16B.98, subdivision 5, whichever is later. As required by Minnesota Statutes §16B.98 Subd. 7, no payments will be made to Grantee until this Agreement is fully executed. 1.2. Expiration Date. This Agreement will expire on June 30, 2027. 1.3. Survival of Terms. All clauses which impose obligations continuing in their nature and which must survive in order to give effect to their meaning will survive the expiration or termination of this Agreement, including, but not limited to, the following clauses: Indemnification; State Audits; Government Data Practices; Governing Law, Jurisdiction and Venue; and Data Disclosure. 2. Grantee's Duties 2.1. Airport Use. In accordance with Minnesota Statutes §360.305, Subd. 4, Grantee must operate and maintain the Airport, for the use and benefit of the public, in a safe, serviceable manner for aeronautical purposes only for a period of one (1) year from the date Grantee receives final reimbursement under this Agreement. 2.2. Grounds Maintenance. Grantee will keep the runway and the area around the lights at the Airport mowed and plowed. The grass must be mowed at least seven (7) feet beyond the lights and must not exceed six (6) inches in height on the landing area. The areas around any navigational aids must be sufficiently mowed and plowed to keep the area clear for vehicle access. If the Airport remains operational during the winter months, Grantee will keep at least one runway, associated taxiway, and apron area cleared of snow and ice to the same priority as arterial roads. Snowbanks must be limited in height so that aircraft wings, engines, and propellers will clear them. Landing strip markers and/or lights must remain visible. Aero/CM M&O Grant Agreement (Updated 08/04/2025) MnDOT Agreement No. 1060326 2.3. Periodic Paint Striping. If the State contracts for the periodic paint striping of the Airport's runways and taxiways during the term of this Agreement, Grantee will cooperate with the marking operation. Grantee must coordinate seal coat pavement maintenance projects with the State to maximize the pavement marking life. 2.4. Inspections. Grantee will allow a representative of the State's Office of Aeronautics access to any area of the Airport necessary for the purpose of periodic inspections. 2.5. Third -Party Contracting. Grantee will comply with all applicable local, state, or federal laws, regulations, policies and procedures in the procurement of goods and services funded in whole or in part under this Agreement. 3. Grantee's Assurances 3.1. Grantee represents and warrants that Grantee has established a zoning authority for the Airport, and such authority has completed, or is in the process of and will complete, with due diligence, an airport zoning ordinance in accordance with Minnesota Statutes §§360.061 to 360.074. 3.2. Grantee will comply with all required grants management policies and procedures set forth in Minnesota Statutes §1613.97 subd.4(a)(1). 4. Consideration and Payment 4.1. Consideration. State will pay for all eligible maintenance and operations costs incurred by Grantee under this Agreement as follows: 4.1.1. Basis. Grantee will be reimbursed for 75% of all eligible maintenance and operations costs not reimbursed by any other source. Eligible maintenance and operations costs will be determined at the sole discretion of State's Authorized Representative or their designee according to the State's Funding Eligibility Guidance, which is available at: https://www.dot.state.mn.us/aero/ailportdevelopment/fundingandgrants.html 4.1.2. Fiscal Year Obligations. State has currently obligated $27,569.09 in each state fiscal year to reimburse 75% of eligible costs incurred by Grantee during each fiscal year and will be capped at this amount for each fiscal year. Any funding granted but not requested for reimbursement within the first fiscal year will not roll over into the second fiscal year. 4.1.3. Total Obligation. The State's total obligation for all compensation and reimbursements to Grantee under this Agreement will not exceed $55,138.18 (reflecting state fiscal years 2026 and 2027 combined obligations). 4.2. Payment. 4.2.1. Invoices. Grantee must submit detailed reimbursement requests for its eligible costs to the State's Authorized Representative on a quarterly basis or as otherwise directed by State's Authorized Representative. Invoices for expenses incurred after grant funds were encumbered by the State, but before the Effective Date of this Agreement, may not be submitted for reimbursement until after the Effective Date of this Agreement. The State's Office of Aeronautics will supply the reimbursement request forms that Grantee must submit. Reimbursement requests must be submitted according to the following schedule: • Quarter 1 (Jul. 1st — Sept. 30th): On or after October 1, and no later than November 15; • Quarter 2 (Oct. 1st — Dec. 31st): On or after January 1, and no later than February 15; • Quarter 3 (Jan. 1st — Mar. 31't): On or after April 1, and no later than May 15; and • Quarter 4 (Apr. 1st — Jun. 30th): On or after July 1, and no later than August 15. The State may reject any costs submitted for reimbursement that the State determines, in its sole discretion, are not eligible maintenance and operations expenses. Any invoices not received by the State's Authorized Representative by December 3I't of the fiscal year in which the expenses were incurred will be ineligible for reimbursement and rejected. Aero/CM M&O Grant Agreement (Updated 08/26/2025) MnDOT Agreement No. 1060326 4.2.2. All Invoices Subject to Audit. All invoices are subject to audit, at the State's discretion. 4.2.3. Progress Reports. The State may, at its sole discretion, require Grantee to submit quarterly progress reports in addition to its invoices. If so requested, the State will provide a progress report form for Grantee's completion and submittal with its invoices. 4.2.4. The State's Payment Requirements. The State will promptly pay all valid obligations under this Agreement as required by Minnesota Statutes §16A.124. The State will make undisputed payments no later than thirty (30) days after receiving Grantee's invoices and progress reports, if requested by the State, for services performed. If an invoice is incorrect, defective or otherwise improper, the State will notify Grantee within ten (10) days of discovering the error. After the State receives the corrected invoice, State will pay Grantee within thirty (30) days of receipt of such invoice. 4.2.5. Grant Monitoring Visit and Financial Reconciliation. If the State's total obligation is greater than $50,000.00, the State will conduct at least one monitoring visit and financial reconciliation of Grantee's expenditures. If the State's total obligation is greater than $250,000.00, the State will conduct annual monitoring visits and financial reconciliations of Grantee's expenditures. The State's Authorized Representative will notify Grantee's Authorized Representative where and when monitoring visits and financial reconciliations will take place, which state employees and Grantee staff members should be present, as well as which, if any, of Grantee's contractors or consultants, or their agents, are required to participate. Grantee will be provided at least seven (7) days' notice prior to monitoring visits and/or financial reconciliations. Following a monitoring visit or financial reconciliation, Grantee will take timely and appropriate action on all deficiencies identified by the State. At least one monitoring visit and one financial reconciliation must be completed prior to final payment being made to Grantee. 4.2.6. Closeout. The State will determine, at its sole discretion, whether a closeout audit is required prior to final payment approval. If a closeout audit is required, final payment will be held until the audit has been completed. Monitoring of any capital assets acquired with grant funds will continue following grant closeout. Conditions of Payment. All services provided by Grantee under this Agreement must be performed to the State's satisfaction, as determined at the sole discretion of State's Authorized Representative and in accordance with all applicable federal, state and local laws, ordinances, rules and regulations, including business registration requirements of the Office of the Secretary of State. Grantee will not receive payment for work found by the State to be unsatisfactory or performed in violation of federal, state or local law. In the event the Airport fails to pass any periodic inspection conducted by a representative of the State's Office of Aeronautics, Grantee will not receive payment under this Agreement until all deficiencies identified by any such inspection have been rectified to the Office of Aeronautics' satisfaction. 6. Authorized Representatives 6.1. State's Authorized Representative. State's Authorized Representative will be: Name/Title: Jenny Bahneman, Grants Specialist Coordinator Address: Office of Aeronautics 395 John Ireland Boulevard, Mail Stop 410 Saint Paul, Minnesota 55155 E-Mail: jenny.bahnemangstate.mn.us State's Authorized Representative or their successor, will monitor Grantee's performance and has the authority to accept or reject the services provided under this Agreement. If the Grantee's duties are performed in a satisfactory manner, the State's Authorized Representative will accept each reimbursement request submitted for payment. 6.2. Grantee's Authorized Representative. Grantee's Authorized Representative will be: Name/Title: Donovan Schuette, Public Works Manager Address: City of Hutchinson, I I Hassan Street SE, Hutchinson, MN 55350 Aero/CM M&O Grant Agreement (Updated 08/26/2025) MnDOT Agreement No. 1060326 Telephone: (320) 234-4473 E-Mail: dschuetteghutchinsommn.gov If Grantee's Authorized Representative changes at any time during this Agreement, Grantee must immediately notify State. 7. Assignment; Amendments; Waiver; Agreement Complete; Electronic Records; Certification 7.1. Assignment. Grantee may neither assign nor transfer any rights or obligations under this Agreement without the prior consent of the State and a fully executed Assignment Agreement, executed and approved by the same parties who executed and approved this Agreement, or their successors in office. 7.2. Amendments. An amendment to this 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 original agreement, or their successors in office. 7.3. Waiver. If the State fails to enforce any provision of this Agreement, such failure does not waive the provision or the State's right to subsequently enforce it. 7.4. Agreement Complete. This Agreement contains all prior negotiations and agreements between the State and Grantee. No other prior understanding regarding this Agreement, whether written or oral, may be used to bind either party. 7.5. Electronic Records and Signatures. The parties agree to contract by electronic means. This includes using electronic signatures and converting original documents to electronic records. 7.6. Certification. By signing this Agreement, Grantee certifies that it is not suspended or debarred from receiving federal or state awards. Liability and Indemnification. Each party is responsible for its own acts, omissions, and the results thereof to the extent authorized by law. Minnesota Statutes § 3.736 and other applicable law govern liability of the State. Minnesota Statutes Chapter 466 and other applicable law govern liability of Grantee. Notwithstanding the foregoing, Grantee will indemnify, hold harmless, and defend (to the extent permitted by the Minnesota Attorney General) the State against any claims, causes of actions, damages, costs, and expenses, including reasonable attorneys' fees, arising in connection with the services performed under this Agreement, asserted by, or resulting from the acts or omissions of Grantee's contractors, consultants, agents or any other third parties under the direct control of Grantee. State Audits. Under Minnesota Statutes § 1613.98 subd. 8, the books, records, documents, and accounting procedures and practices of Grantee, or those of any other party relevant to this grant Agreement, or transactions resulting from this 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 from the expiration of this Agreement or receipt and approval of all final reports, whichever is later. Grantee will take timely and appropriate action on all deficiencies identified by an audit. 10. Government Data Practices. Grantee and the State must comply with the Minnesota Government Data Practices Act, Minnesota Statutes Chapter 13, as it applies to all data provided by the State under this Agreement, and as it applies to all data created, collected, received, stored, used, maintained or disseminated by Grantee under this Agreement. The civil remedies of Minnesota Statutes § 13.08 apply to the release of the data referred to in this clause by either Grantee or the State. If Grantee receives a request to release the data referred to herein, Grantee must immediately notify the State and consult with the State as to how Grantee should respond to the request. Grantee's response to the request must comply with applicable law. 11. Workers' Compensation. Grantee certifies that it is in compliance with Minnesota Statutes §176.181, subd. 2, pertaining to workers' compensation insurance coverage. Grantee's employees and agents will not be considered state employees. Any claims that may arise under the Minnesota Workers' Compensation Act on behalf of Grantee's employees, as well as any claims made by any third party as a consequence of any act or omission on the part of Grantee's employees are in no way the State's obligation or responsibility. Aero/CM M&O Grant Agreement (Updated 08/26/2025) MnDOT Agreement No. 1060326 12. Governing Law, Jurisdiction and Venue. Minnesota law, without regard to its choice -of -law provisions, governs this Agreement. Venue for all legal proceedings arising out of this Agreement, or its breach, must be in the appropriate state or federal court with competent jurisdiction in Ramsey County, Minnesota. 13. Data Disclosure. Under Minnesota Statutes §270C.65, and other applicable law, Grantee consents to disclosure of its social security number, federal employer tax identification number and Minnesota tax identification number, already provided to the State, to federal and state agencies and state personnel involved in the payment of state obligations. These identification numbers may be used in the enforcement of federal and state laws which could result in action requiring Grantee to file state tax returns and pay delinquent state tax liabilities, if any, or pay other state liabilities. 14. Termination and Suspension 14.1. Termination by the State. The State or Commissioner of Administration may unilaterally terminate this Agreement at any time, with or without cause, upon written notice to Grantee. Upon termination, Grantee will be entitled to payment, determined on a pro rata basis, for services satisfactorily performed. 14.2. Termination for Cause. The State may immediately terminate this Agreement if the State finds that there has been a failure to comply with the provisions of this Agreement, that reasonable progress has not been made, that fraudulent or wasteful activity has occurred, that Grantee has been convicted of a criminal offense relating to a state grant agreement, or that the purposes for which the funds were granted have not been or will not be fulfilled. The State may take action to protect the interests of the State of Minnesota, including the refusal to disburse additional funds and requiring the return of all or part of the funds already disbursed. 14.3. Termination for Insufficient Funding. The State may immediately terminate this Agreement if it does not obtain funding from the Minnesota Legislature or if funding cannot be continued at a level sufficient to pay for the services contracted for under this Agreement. Termination must be by written or fax notice to Grantee. The State is not obligated to pay for any services that are performed after notice and effective date of termination. However, Grantee will be entitled to payment, determined on a pro rata basis, for services satisfactorily performed to the extent that funds are available. The State will not be assessed any penalty if the Agreement is terminated because of the decision of the Minnesota Legislature, or other funding source, not to appropriate funds. The State will provide Grantee notice of the lack of funding within a reasonable time of the State's receiving that notice. 14.4. Suspension. The State may immediately suspend this Agreement in the event of a total or partial government shutdown due to its failure to pass an approved budget by the legal deadline. Work performed by Grantee during a period of suspension will be deemed unauthorized and undertaken at risk of non-payment. 15. Fund Use Prohibited. Grantee will not utilize any funds received pursuant to this Agreement to compensate, either directly or indirectly, any contractor, corporation, partnership, or business, however organized, which is disqualified or debarred from entering into or receiving a state contract. This restriction applies regardless of whether the disqualified or debarred party acts in the capacity of a general contractor, a subcontractor, or as an equipment or material supplier. This restriction does not prevent Grantee from utilizing these funds to pay any party who might be disqualified or debarred after Grantee has been awarded funds for the Project. For a list of disqualified or debarred vendors, see www.mmd.admin.state.mn.us/debarredreport.asp. 16. Discrimination Prohibited by Minnesota Statutes §181.59. Grantee will comply with the provisions of Minnesota Statutes § 181.59 which requires that every agreement for or on behalf of the State, or any county, city, town, township, school, school district or any other district in the State, for materials, supplies or construction will contain provisions by which Grantee agrees that: 16.1. In the hiring of common or skilled labor for the performance of any work under any agreement, or any sub - agreement, no contractor, material supplier, vendor, or other agent of Grantee will, by reason of race, creed or color, discriminate against the person or persons who are citizens of the United States or resident aliens who are qualified and available to perform the work to which the employment relates; Aero/CM M&O Grant Agreement (Updated 08/26/2025) MnDOT Agreement No. 1060326 16.2. No contractor, material supplier, vendor, or other agent of Grantee will, in any manner, discriminate against, or intimidate, or prevent the employment of any person or persons identified herein, or on being hired, prevent or conspire to prevent, the person or persons from the performance of work under any agreement on account of race, creed or color; 16.3. A violation of this Section is a misdemeanor; and 16.4. Any subsequent violations of this Section may result in the termination of this Agreement and any sub - agreements by the State, or any county, city, town, township, school, school district or other entity or person authorized to enter into agreements for employment, and all money due, or to become due, under this Agreement or any sub -agreements may be forfeited. 17. Limitation. Under this Agreement, the State is only responsible for disbursing funds. Nothing in this Agreement will be construed to make the State a principal, co -principal, partner, or joint venturer with respect to the Project(s) covered herein. The State may provide technical advice and assistance as requested by Grantee; however, Grantee will remain responsible for providing direction to its contractors and consultants and for administering its agreements with such entities. Grantee's consultants and contractors are not intended to be third party beneficiaries of this Agreement. THE REMAINDER OF THIS PAGE HAS BEEN LEFT INTENTIONALLY BLANK Aero/CM M&O Grant Agreement (Updated 08/26/2025) MnDOT Agreement No. 1060326 STATE ENCUMBRANCE VERIFICATION Individual certifies that funds have been encumbered as required by Minnesota Statutes § 16A.15 and § 16C.05.* LM SWIFT Contract (SC) ID No. Purchase Order (PO) ID No. *PO staged and to be encumbered with future State fiscal year funds. GRANTEE Grantee certifies that the appropriate persons have executed this Agreement on behalf of Grantee as required by applicable articles, bylaws, ordinances, or resolutions. By: Print Name: Title: Date: By: Print Name: Title: Date: DEPARTMENT OF TRANSPORTATION (with delegated authority) In MnDOT CONTRACT MANAGEMENT Aero/CM M&O Grant Agreement (Updated 08/26/2025) RESOLUTION NO. 15906 APPROVING AIRPORT MAINTENANCE AND OPERATIONS GRANT AGREEMENT WITH THE MINNESOTA DEPARTMENT OF TRANSPORTATION It is resolved by the City of Hutchinson as follows: • That it has applied for and been awarded an Airport Maintenance and Operations Grant Agreement by the Minnesota Department of Transportation, Agreement Number 1060326 ("Agreement"); • That it hereby agrees to the terms and conditions of the Grant Agreement; and • That the proper signing officers are hereby authorized to execute the above -referenced Grant Agreement and any amendments thereto on behalf of the City of Hutchinson [CITY/COUNTY/TOWNSHIP] Adopted by the City of Hutchinson on this 9th day of September, 2025. [GRANTEE NAME] Lo Print Name: Title/Date: ATTESTATION: (different authorized signor than above) LM Print Name: Title/Date: Resolution Approving Grant Agreement (8/26/2025) 1 c: HUTCHINSON CITY COUNCIL HUTCHINSON Request for Board Action A CITY ON PURPOSE IIIIIIII Award for Aircraft Hangar Repair Project (L5P25-05) Agenda Item: Department: Public Works LICENSE SECTION Meeting Date: 9/9/2025 Application Complete N/A Contact: Mike Stifter Agenda Item Type: Presenter: Mike Stifter Reviewed by Staff ❑ Consent Agenda 0 Time Requested (Minutes): 5 License Contingency N/A Attachments: Yes BACKGROUND/EXPLANATION OFAGENDA ITEM: Hangar 3 at the airport was damaged in a storm on June 12th. Repair estimates exceeded $175,000 necessitating a public bid. We are seeking to award the winner of the bid, Rice Companies, the contracted repair. Insurance will cover the repair less the deductible. There is also a non -insurance covered line item for $21,512 for new roof purlins. 50% are rotten and need replacement. BOARD ACTION REQUESTED: Approval of Resolution Fiscal Impact: $ 329,727.70 Funding Source: Insurance FTE Impact: Budget Change: New Bu Included in current budget: No PROJECT SECTION: Total Project Cost: $ 329,727.70 Total City Cost: $ 46,512.00 Funding Source: Miscellaneous infrastructure fund Remaining Cost: $ 283,215.70 Funding Source: Insurance RESOLUTION NO. 15907 RESOLUTION ACCEPTING BID AND AWARDING CONTRACT LETTING NO. 5/PROJECT NO. 25-05 Whereas, pursuant to an advertisement for bids for the furnishing of all labor and material for the improvement of: Aircraft Hangar Repair Project: Re -skinning and re -roofing an aircraft hangar at 1810 Butler Field Drive SW in Hutchinson, MN 55350. The hangar will be referred to as "Hangar 3". 8 bi- fold hangar doors will also need to be replaced. Hangar 3's dimensions are 240' x 55' with 20' sidewalls, and bids were received, opened and tabulated according to law, and the following bids were received complying with the advertisement: Bidder Total Bid Rice Companies, Inc. of Glencoe MN $308,215.70 RAM Buildings, Inc. of Winsted Mn $339,688.00 and whereas, it appears that Rice Companies, Inc. of Glencoe MN is the lowest responsible bidder; NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF HUTCHINSON, MINNESOTA: The mayor and city administrator are hereby authorized and directed to enter into a contract with Rice Companies, Inc. of Glencoe MN in the amount of $308,215.70 in the name of the City of Hutchinson, for the improvement contained herein, according to the plans and specifications. The City Public Works Manager is hereby authorized and directed to return forthwith to all bidders the deposits made with their bids, except that the deposits of the successful bidder and the next lowest bidder shall be retained until a contract has been signed, and the deposit of the successful bidder shall be retained until satisfactory completion of the contract. Adopted by the Hutchinson City Council this 9th day of September 2025. Mayor, Gary Forcier City Administrator, Matthew Jaunich HUTCHINSON CITY COUNCIL HUTCHINSW Request for Board Action A CITY ON PURPOSE, Agenda Item: Temporary Liquor License - Hutchinson Chamber Foundation Department: Administration LICENSE SECTION Meeting Date: 9/9/2025 Application Complete Yes Contact: Melissa Starke Agenda Item Type: Presenter: Melissa Starke Reviewed by Staff ✓❑ Consent Agenda Time Requested (Minutes): License Contingency N/A Attachments: Yes BACKGROUND/EXPLANATION OFAGENDA ITEM: The Hutchinson Chamber Foundation has submitted a temporary liquor license to dispense liquor at an event being held at Art's Place on September 18 2025. The Hutchinson Chamber Foundation is a nonprofit organization and meets the requirements for a temporary liquor license. BOARD ACTION REQUESTED: Approve issuing temporary liquor license to Hutchinson Chamber Foundation on September 18, 2025, at Art's Place. Fiscal Impact: Funding Source: FTE Impact: Budget Change: No Included in current budget: No PROJECT SECTION: Total Project Cost: Total City Cost: Funding Source: Remaining Cost: $ 0.00 Funding Source: L(D Alcohol & Gambling Enforcement Name of organization Minnesota Department of Public Safety Alcohol and Gambling Enforcement Division 445 Minnesota Street, Suite 1600, St. Paul, MN 55101 651-201-7507 TTY 651-282-6555 APPLICATION AND PERMIT FOR A 1 DAY TO 4 DAY TEMPORARY ON -SALE LIQUOR LICENSE Date of organization Tax exempt number Organization Address (No PO Boxes) City State Zip Code -e_QA MN 35Z) Name &erson making application Business phone Home phone S SD— !s� z SZ Date(s) of event Type of organization ❑ Microdistillery ❑ Small Brewer ❑ Club ❑ Charitable ❑ Religious Other non-profit Organization officer's name City State Zip Code MN Organization officer's name City State Zip Code MN Organization officer's name City State Zip Code MN Location w/?he�re permit will a used. If an outdoor area, describe. If the applicant will contract for intoxicating liquor service give the name and address of the liquor license providing the service. Lk ci .�drz- 4A u4ck-'s If the applicant will carry liquor liability insurance please provide the carrier's name and amount of coverage. APPROVAL APPLICATION MUST BE APPROVED BY CITY OR COUNTY BEFORE SUBMITTING TO ALCOHOL AND GAMBLING ENFORCEMENT City or County approving the license Fee Amount Event in conjunction with a community festival ❑ Yes ❑ No Current population of city Date Approved Date City or County E-mail Address Please Print Name of City Clerk or County Official Signature City Clerk or County Official CLERKS NOTICE: Submit this form to Alcohol and Gambling Enforcement Division 30 days prior to event No Temp Applications faxed or mailed. Only emailed. ONE SUBMISSION PER EMAIL, APPLICATION ONLY. PLEASE PROVIDE A VALID E-MAIL ADDRESS FOR THE CITY/COUNTY AS ALL TEMPORARY PERMIT APPROVALS WILL BE SENT BACK VIA EMAIL. E-MAIL THE APPLICATION SIGNED BY CITY/COUNTY TO AGE. TEMPORARYAPPLICATION STATE.MN.US CERTIFICATE OF LIABILITY INSURANCE DATE(MMIDDIYYYY) 6/23/2025 THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER. IMPORTANT: if the certificate holder is an ADDITIONAL INSURED, the policy(iss) must have ADDITIONAL INSURED provisions or be endorsed. If SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder in lieu of such endorsement s . Arthur J. Gallagher Risk Management Services, LLC NAME.* Kira Mehus 13600 American Blvd W. L k 952-358-7518 _ FAc Ne, _ Suite 500 Eer°I Kira Mehus a' .com _ Bloomington MN 55431 INSURERIS) AFFORDING COVERAGE NAICO INSURERA: League of Minnesota Cities_ Insurance Trust INSURED HUTCHIN-01 INSURER B City of Hutchinson - — - - - —_ — Attn: Andy Reid INSURERC: 111 Hassan Street SE INSURER D ; - Hutchinson MN 55350 INSURERE: OVERAGES CERTIFICATE NUMBER:1667133157 REVISION NUMBER: THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. POLPCYNUMBER POLICYEPF IPOLICYMEXP LfI11TS R TYPE OF INSURANCE ��� R,--- COMMERCIAL GENERAL LIABILITY . EACH OCCURRENCE_ $ RGE TO CLAIMS -MADE OCCUR PREMISES Ma ascu $ G_ENLAGGREGATE LIMIT APPLIES PER: POLICY ❑ JpECTT 0 LOC AUTOMOBILE LIABILF Y ANY AUTO OWNED SCHEDULED � -AUTOS ONLY AUTOS HIRED H NON -OWNED AUTOS ONLY ALTOS ONLY _ MED EXP (Any one person) $ PERSONAL & ADV INJURY $ _ GENERALAGGREGATE $ I— - PRODUCTS - COMP/OP AGG $ — COMBINED SINGLE LIMIT $ ,.ice accident' BODILY INJURY (Per person) S BODILY INJURY (Per accident) $ PROPERTYDAMAGE $ — $ UMBRELLA LIAB OCCUR I - - EXCESS LIAB CLAIMS -MADE I EACH OCCURRENCE_ , AGGREGATE $ DED RETENTION $ - WORKERS COMPENSATION • PER O H- AND EMPLOYERS' LIABILI Y YIN rA E —_ :ER, ANYPROPRIETOR/PARTNER/EXECUTIVE OFFICER/MEMBEREXCLUDED? NIA E.L. EACH ACCIDENT $ (Mandatory In NH) If describe E.L-DISEASE - EA EMPLOYEE S yes under DESCRIPTION OF OPERATIONS below EL DISEASE - POLICY LIMB $ A UqucrLiability LLC10034609 7/1/2025 7/1/2026 Per Occurrence $1.000,000 I Annual Aggregate $1,000,000 DESCRIPTION OF OPERATIONS I LOCATIONS / VEHICLES (ACORD 101, Addidonal Remarks Schedule, maybe attached If more space is required) RE: Liquor Store - 245 Washington Ave E, Hutchinson MN 55350 MN Dept. of Public SafetyAJeohol & Gambling Enforcement 445 Minnesota Street, Suite 222 St. Paul MN 55101 USA ACORD 25 (2016/03) CANCELLATION SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN ACCORDANCE WITH THE POLICY PROVISIONS. AUTHORIZED ts 0 19882015 ACORD CORPORATION. All rights reserved. The ACORD name and logo are registered marks of ACORD RA HUTCHINSON CITY COUNCIL HUTCHINSON Request for Board Action A CITY ON PURPOSE. Approve Issuing Short Term Gambling License to Gopher Campfire Sanctuary Agenda Item: Department: Administration LICENSE SECTION Meeting Date: 9/9/2025 Application Complete Yes Contact: Melissa Starke Agenda Item Type: Presenter: Melissa Starke Reviewed by Staff Consent Agenda Time Requested (Minutes): License Contingency No Attachments: Yes BACKGROUND/EXPLANATION OFAGENDA ITEM: Gopher Campfire Sanctuary, a nonprofit organization, has submitted a short-term gambling license application into administration for review and processing. The application is for an event the organization is holding on December 3, 2025, at the Sanctuary on Les Kouba Parkway. The applicant has completed the appropriate application in full and all pertinent information has been received. BOARD ACTION REQUESTED: Approve Issuing Short Term Gambling License to Gopher Campfire Sanctuary on December 3, 2025. Fiscal Impact: Funding Source: FTE Impact: Budget Change: New Bu Included in current budget: No PROJECT SECTION: Total Project Cost: Total City Cost: Funding Source: N/A Remaining Cost: $ 0.00 Funding Source: N/A H UTCH I NSON A CITY ON PURPOSE. 111 Hassan Street Southeast Hutchinson, MN 55350 (320)587-5151 Fax:(320) 234-4240 City of Hutchinson APPLICATION FOR GAMBLING DEVICES LICENSE In provisions of the City of Hutchinson Ordinance Chapter 114 and Minnesota Statutes Chapter 349 All applications are to be received at least 30 days before event in order to be considered Application Type Short Term Date(s) _ - / �'3�'rr Fee: $30.0 ' I Month Da /Year - MonthlDaylYear Or anization.I-riformation _ e� I" C)4 'rt-- � 1 Sri -583- yaY/ —� Name Phone Number t eS 144f yl intv SS�s v Address where regular meeting are held City State Zip Federal or State ID: vt _ o)-0 � F � � n Day and time of meetings? Is this organization organized under the laws of the State of Oyes ❑ no How long has the organization been in existence? Sl'fHow may members in the organization? What is the purpose of the organization? J�►5,.,7y ++-� �� o�C S� c��, y�r In whose custod will organization records be kept? (-� Name ' / I T Phone Number 9 T^ Address Ci State zip Duly Authorized Officer of the Organization Information True Name Residence Address Phone Number City l State Date of Birth: f d- 1-4-1 / ? Place of Birth: Month/day/year Have you ever been convicted of any crime other than a traffic offense? If yes, explain: City ❑ yes 0(no Zip /1� State City of Hutchinson Application for Gambling Devices License Page 2 of 3 Gamblin❑ Ma True Name Phone Number �J 7f f7 j'-Z4/n1.,-i M Al 5- 3S-a Residence Address city // State Zip Date of Birth: _J-/ a > / j'9� > Place of Birth: /n ✓"_ Month/day/year City State Have you ever been convicted of any crime other than a traffic ❑ yes &Lno If yes, explain: How long have you been a member of the organization? Game Information Location Al Name of locati n where game will be player L 16e, J-,� PG-Ic , Address of location where game will be played Phone Number City State Zip Date(s) and/or day(s) gambling devices will be used: I � through Pa 4Uo�S— Hours of the day�'t 5- A gambling devices will be used: From �` To '% • � Maximum number of players: S Oy T , lrtr% Will prizes be paid in money or merchandise? ❑ money ,,merchandise Will refreshments be served during the time the gambling devices will be used? ❑ yes *no If yes, will a charge be made for such refreshments? ❑ Yes ❑ no Game Information Location #2 A1/P- Name of location where game will be played Phone Number Address of location where game will be played City State Zip Date(s) and/or day(s) gambling devices will be used: through AM AM Hours of the day gambling devices will be used: From pM To PM Maximum number of players: Will prizes be paid in money or merchandise? ❑ ❑ merchandise Will refreshments be served during the time the gambling devices will be used? ❑ yes ❑ no If yes, will a charge be made for such ❑ ves ❑ no City of Hutchinson Application for Gambling Devices License Page 3 of 3 Officers of the Organization ifnecessary list additional names on se crate sheet Nam 1 da Al sy'c�,;,_� Title IV71V S S--?n- Residence Address x City �e�✓Irt4 Zip 7-e'5-C e%n� y—c✓ Name Title Residence Address City State Zip Name IcQ /7 do (/� /� v'lQ c, Ll . /) sr vy Title AA'-' Residence Address City State Zip Officers or Other Persons Paid for Services Information Nam V821 lie list additional names on se ✓G �+. ✓rlvy�! Residence Address City 60w 11 l 6-5 W Name Residence Address City Name Residence Address City Title State Zip 1-11-e ,-.-t1-,,e - Title /'fin/ State Zip /7e Title rnA. State Zia Have you (Gambling Manager and Authorized Officer) read, and do you thoroughly understand the provisions of all laws, ordinances, and regulations governing the operation and use of gambling devices (as outlined in City of Hutchinson Ordinance 114.20 and Minnesota Statutes Chapter 349)? Gambling )&Kyes ❑ no Authorized -4es ❑ no C Initial Initial I declare that the information I have provided on this application is truthful, and I authorize the City of Hutchinson to investigate the information submitted. Also, I have received from the City of Hutchinson a copy of the City Ordinance No. 114.20 relating to gambling and I will familiarize myself with the contents thereof. Signature of authorized officer of organization Of Internal Use Onl) of organization Date Date City Council ❑ Approved ❑ denied Signature: City of Hutchinson Application for Gambling Devices License Page 3 of 3 Officers of the Organization ifnecessa list additional names on se arate sheet SAe, ram 'PtV*71e Name Title Yo, 0 fT &s '-,UJ MN S� Residence Address City State Zip Name Title Kesioence Address City State Zip Name Title Residence Address Ci State Zi Officers or Other Persons Paid for Services Information ifnecessa list additional names on separate sheet Name Title Residence Address City State Zip Name Title Residence Address City State Zip Name Title Residence Address City State Zi Have you (Gambling Manager and Authorized Officer) read, and do you thoroughly understand the provisions of all laws, ordinances, and regulations governing the operation and use of gambling devices (as outlined in City of Hutchinson Ordinance 114.20 and Minnesota Statutes Chapter 349)? Gambling jces ❑ no % Authorized - yes ❑ no e 4r-- Initial Initial I declare that the information I have provided on this application is truthful, and I authorize the City of Hutchinson to investigate the information submitted. Also, I have received from the City of Hutchinson a copy of the City Ordinance No. 114.20 relating to gambling and I will familiarize myself with the contents thereof. Signaturi of au horized officer of organization Date gnature ofgambling m of organization Date Internal Use Only City Council ❑ Approved ❑ denied Signature: CHECK REGISTER A FOR CITY OF HUTCHINSON CHECK DATES 8/27/25 - 9/9/25 Check Date Check # Name Description Amount 8/22/2025 EFT EFTPS Payroll Report 8/3/25 - 8/16/25 90,499.10 8/22/2025 EFT MN Dept of Revenue Payroll Report 8/3/25 - 8/16/25 18,042.79 8/22/2025 EFT VOYA (Hutch City of) Payroll Report 8/3/25 - 8/16/25 475.00 8/22/2025 EFT Child Support Payroll Report 8/3/25 - 8/16/25 706.96 8/22/2025 EFT UNUM Voluntary Insurance Payroll Report 8/3/25 - 8/16/25 317.07 8/22/2025 EFT PERA Payroll Report 8/3/25 - 8/16/25 67,830.64 8/22/2025 EFT Health Equity Payroll Report 8/3/25 - 8/16/25 17,778.47 8/22/2025 EFT UNUM Life & ADD Insurance Payroll Report 8/3/25 - 8/16/25 1,016.31 8/22/2025 EFT Mission Square Payroll Report 8/3/25 - 8/16/25 3,730.62 8/22/2025 EFT VOYA (CITY OF HUTCH) Payroll Report 8/3/25 - 8/16/25 250.00 8/22/2025 302769 Manual Employee Check Payroll Report 8/3/25 - 8/16/25 975.73 8/22/2025 302770 HART Payroll Report 8/3/25 - 8/16/25 521.53 8/22/2025 302771 LELS Union Dues Payroll Report 8/3/25 - 8/16/25 365.00 8/22/2025 302772 MNPEA Payroll Report 8/3/25 - 8/16/25 720.00 9/9/2025 302773 ACE HARDWARE- 1315 REPAIR & MAINTSUPPLIES- MULTIPLE DEPTS 483.80 9/9/2025 302774 ALL-AMERICAN ARENA PRODUCTS YELLOW KICKPLATE FOR BOARDS - ARENA 249.56 9/9/2025 302775 AMERICAN BOTTLING CO COST OF GOODS SOLD - LIQUOR HUTCH 400.12 9/9/2025 302776 ARTISAN BEER COMPANY COST OF GOODS SOLD - LIQUOR HUTCH 751.70 9/9/2025 302777 AUTO-CHLOR SYSTEM DISH WASHER AGREEMENT - SR DINING 93.71 9/9/2025 302778 BCA FEDERAL BACKGROUND CHECK - MV 32.00 9/9/2025 302779 BEACON ATHLETICS VMF GRANDSTAND CUSTOM NET- PARKS 754.92 9/9/2025 302780 BELLBOY CORPORATION COST OF GOODS SOLD - LIQUOR HUTCH 2,517.62 9/9/2025 302781 BENEFIT EXTRAS INC COBRA ADMIN FEES 22.50 9/9/2025 302782 BERNICK'S COST OF GOODS SOLD - LIQUOR HUTCH 1,303.38 9/9/2025 302783 BOBBING BOBBER BREWING CO COST OF GOODS SOLD - LIQUOR HUTCH 440.69 9/9/2025 302784 BRADLEY SECURITY & ELECTRIC LLC EXTRA KEYS FOR REC BUILDING 145.00 9/9/2025 302785 BREAKTHRU BEVERAGE MN WINE & SPIRITS COST OF GOODS SOLD - LIQUOR HUTCH 26,146.44 9/9/2025 302786 C & L DISTRIBUTING COST OF GOODS SOLD - LIQUOR HUTCH 62,547.56 9/9/2025 302787 CINTAS CORPORATION SUPPLIES & SERVICE - MULTIPLE DEPTS 275.96 9/9/2025 302788 CIVIC SYSTEMS LLC SEMI-ANNUAL SUPPORT & HOSTING FEES 14,390.00 9/9/2025 302789 COUNTRYSIDE FLAGPOLE REPAIR FLAGPOLE +2 FLAGS - CC 701.00 9/9/2025 302790 DAHLHEIMER BEVERAGE COST OF GOODS SOLD - LIQUOR HUTCH 71,919.41 9/9/2025 302791 DEHN, PETER REIMB: SAFETY FOOTWEAR -AIRPORT 225.00 9/9/2025 302792 DUININCK INC L1P25-01 DALE ST SW PROJECT PAYMENT#3 617,542.07 9/9/2025 302793 ECOLAB PEST ELIMINATION PESTCONTROL- CREEKSIDE 673.02 9/9/2025 302794 FARM -RITE EQUIPMENT TOOL CAT REPAIRS -PARKS 4,835.21 9/9/2025 302795 FASTENAL COMPANY WEST RINK BOARD REPAIR - ARENA 932.26 9/9/2025 302796 FENSKE'S STUMP REMOVAL STUMP REMOVALS - STREETS 3,400.00 9/9/2025 302797 FINNLY TECH INC FINNLYSOFTWARE - ARENA 3,124.00 9/9/2025 302798 GALLS LLC POLO SHIRTS - POLICE 189.01 9/9/2025 302799 GAVIN, JANSSEN, STABENOW, & MOLDAN LTD LEGAL 3,700.00 9/9/2025 302800 _PROSECUTIONS- GRAINGER REPAIR & MAINT SUPPLIES - MULTIPLE DEPTS 212.71 9/9/2025 302801 GRASSLAND SOLUTIONS REPLACE GATE OPERATOR - WATER 11,660.00 9/9/2025 302802 HAGER JEWELRY INC NAMEPLATE - ENG 21.00 9/9/2025 302803 HANSEN, GEOFF REIMB: SAFETY FOOTWEAR - STREETS 195.95 9/9/2025 302804 HANSON PAVING WATER PLANT ENTRANCE ROAD 43,760.00 9/9/2025 302805 HAWKINS INC CHEMICALS - MULTIPLE DEPTS 9,543.17 9/9/2025 302806 HILLYARD / HUTCHINSON REPAIRS, SUPPLIES - MULTIPLE DEPTS 880.75 9/9/2025 302807 HJERPE CONTRACTING REPAIRS, NEW LINES - WATER 16,994.00 9/9/2025 302808 HOFF, RANDY FLOWERS - POLICE 45.00 9/9/2025 302809 HOFFMAN ELECTRIC MN LLC CAMPGROUND SERVICE CALL FOR FULL HOOK UP 640.90 9/9/2025 302810 HOISINGTON KOEGLER GROUP INC CONCEPT PLANNING BURNS MANOR 4,425.00 9/9/2025 302811 HOME CITY ICE COMPANY COST OF GOODS SOLD - LIQUOR HUTCH 1,042.46 9/9/2025 302812 HORIZON COMMERCIAL POOL SUPPLY SODIUM BICARBONATE - WATERPARK 1,181.60 9/9/2025 302813 HUTCHINSON CHAMBER & TOURISM JULY LODGING TAX 15,312.11 9/9/2025 302814 HUTCHINSON HRA HOME REPAIR GRANT- HRA 126.00 9/9/2025 302815 HUTCHINSON JUNIOR LEAGUE BASEBALL HJLB REIMB - REC 28,760.00 9/9/2025 302816 HUTCHINSON WHOLESALE #1550 EQUIPMENT PARTS - MULTIPLE DEPTS 488.72 9/9/2025 302817 HUTCHINSON WHOLESALE #1552 EQUIPMENT PARTS - MULTIPLE DEPTS 71.20 CHECK REGISTER A FOR CITY OF HUTCHINSON CHECK DATES 8/27/25 - 9/9/25 Check Date Check # Name Description Amount 9/9/2025 302818 IDEAL SERVICE INC VFD START UP 1&2 AT MAIN LIFT - WWTP 2,506.50 9/9/2025 302819 INSIGHT PUBLIC SECTOR INC VMWARE ADDITIONAL LICENSES - MULTIPLE DEPTS 983.28 9/9/2025 302820 JOHNSON BROTHERS LIQUOR CO COST OF GOODS SOLD - LIQUOR HUTCH 65,152.01 9/9/2025 302821 JOMAS HILL WINERY COST OF GOODS SOLD - LIQUOR HUTCH 864.00 9/9/2025 302822 K & A CONTRACTING LLC SHADY RIDGE CURB, COVER HOLES - MULTIPLE DEPTS 2,840.00 9/9/2025 302823 KERI'S CLEANING & HANDYMAN SERVICES CLEANING SERVICES AT LIBRARY 120.00 9/9/2025 302824 KIN NEY & LANGE P.A. WONDERBLEND RENEWAL- LEGAL 1,225.00 9/9/2025 302825 LEAGUE OF MN CITIES -INS TRUST LMC CA456630 CLAIM PAYMENT- PARKS 1,199.42 9/9/2025 302826 LITCHFIELD BUILDING CENTER SONO TUBE VMF FRONTGATE FOOTINGS 324.41 9/9/2025 302827 MARCO TECHNOLOGIES LLC PRINTING CONTRACT- MULTIPLE DEPTS 999.79 9/9/2025 302828 MAVERICK WINE COST OF GOODS SOLD - LIQUOR HUTCH 3,843.06 9/9/2025 302829 MCLEOD COUNTY AUDITOR -TREASURER 1164 BENJAMIN AVE SE PROPERTY TAXES - EDA 3,892.00 9/9/2025 302830 MCLEOD COUNTY HHW RECYCLING - CC 73.50 9/9/2025 302831 MCLEOD COUNTY SHERIFF'S OFFICE TRAINING AMMUNITION - POLICE 650.00 9/9/2025 302832 MENARDS HUTCHINSON REPAIR & MAINTSUPPLIES- MULTIPLE DEPTS 841.60 9/9/2025 302833 MINI BIFF PORTATOILET- PARKS 178.50 9/9/2025 302834 MINNESOTA DEPT OF HEALTH STATE FEE - WATER CONNECTIONS 12,512.00 9/9/2025 302835 MINNESOTA DEPT OF LABOR & INDUSTRY BOILER & VESSEL INSPEC - MULTIPLE DEPTS 225.00 9/9/2025 302836 MINNESOTA VALLEY TESTING LAB PFASTESTING BIOSOLIDS- WWTP 464.40 9/9/2025 302837 NEUMANN, LYNN REIMB: MRPATRAINING- PARKS 82.65 9/9/2025 302838 NORTHERN SAFETY & INDUSTRIAL FIRST AID-HORNET/WASP/BEETINGS - HATS 23.63 9/9/2025 302839 NOTHING BUT HEMP COST OF GOODS SOLD - LIQUOR HUTCH 600.00 9/9/2025 302840 OFFICE DEPOT OFFICE SUPPLIES - MULTIPLE DEPTS 797.28 9/9/2025 302841 OLSEN CHAIN & CABLE CO CRAINE TRUCK CABLE REPAIR- WWTP 709.30 9/9/2025 302843 PARK NICOLLET CLINIC CAM - EVENT CTR 1,500.00 9/9/2025 302844 PAUSTIS WINE COMPANY COST OF GOODS SOLD - LIQUOR HUTCH 975.00 9/9/2025 302845 PEOPLEREADY INC TEMPORARY LABOR - CREEKSIDE 1,664.99 9/9/2025 302846 PHILLIPS WINE & SPIRITS COST OF GOODS SOLD - LIQUOR HUTCH 16,207.43 9/9/2025 302847 PIONEER ATHLETICS / PIONEER MFG PAINT SUPPLIES FOR VMF - PARKS 200.00 9/9/2025 302848 PIONEERLAND LIBRARY SYSTEM 3RD QTR FUNDING REQUEST- LIBRARY 52,202.00 9/9/2025 302849 P LU N KETTS P EST CO NTRO L PEST CONTROL - ARENA 114.37 9/9/2025 302850 POLYDYNE INC DEWATERING POLYMER - WWTP 913.50 9/9/2025 302851 PROFESSIONAL WATER TECHNOLOGIES INC SPECTRAGUARD 100 ANTISCALANT- WATER 7,126.86 9/9/2025 302852 RED BULL DISTRIBUTION COMPANY INC COST OF GOODS SOLD - LIQUOR HUTCH 374.10 9/9/2025 302853 RUNNING'SSUPPLY REPAIR & MAINTSUPPLIES- MULTIPLE DEPTS 69.98 9/9/2025 302854 S&S TRUCKING LLC CREEKSIDE FREIGHT TO MULTIPLE LOCATIONS 900.00 9/9/2025 302855 SAM'S TIRE SERVICE TIRES - POLICE 552.00 9/9/2025 302856 SHAW, KAREN YOGA/ PILATES INSTR - SR CTR 210.00 9/9/2025 302857 SHERWIN WILLIAMS PAINT FOR ARENA 718.90 9/9/2025 302858 SNAP -ON INDUSTRIAL SCAN TOOL DATAPLAN/UPDATES- HATS 1,531.02 9/9/2025 302859 SOUTHERN GLAZER'S WINE AND SPIRITS COST OF GOODS SOLD - LIQUOR HUTCH 19,997.64 9/9/2025 302860 STANDARD PRINTING-N-MAILING SIGNS,COPIES- CREEKSIDE 90.42 9/9/2025 302861 STREICH TRUCKING CREEKSIDE FREIGHT TO MULTIPLE LOCATIONS 7,200.00 9/9/2025 302862 THOMPSON EXCAVATING LLC REED SEDGE PEAT- CREEKSIDE 4,060.00 9/9/2025 302863 TRI COUNTY WATER SOFTENER SALT, BOTTLE WATER - MULTIPLE DEPTS 142.00 9/9/2025 302864 TWO-WAY COMMUNICATIONS INC STOCK -PLOW TRUCKS- STREETS 311.60 9/9/2025 302865 UNITED FARMERS COOP DIESEL FUEL- HATS 18,691.26 9/9/2025 302866 VIKING BEER COST OF GOODS SOLD - LIQUOR HUTCH 24,504.00 9/9/2025 302867 VIKING COCA COLA COST OF GOODS SOLD - LIQUOR HUTCH 553.15 9/9/2025 302868 VINOCOPIA INC COST OF GOODS SOLD - LIQUOR HUTCH 1,224.54 9/9/2025 302869 VIVID IMAGE WEB PAGE REDESIGNS - CITY/HUC/HRA/PRCE 20,750.00 9/9/2025 302870 WASTE MANAGEMENT OF WI -MN REFUSE TAKEN TO LANDFILL 14,220.80 9/9/2025 302871 WINE COMPANY, THE COST OF GOODS SOLD - LIQUOR HUTCH 2,364.00 9/9/2025 302872 WINN EXTERIORS LLC HOME REPAIR GRANT- HRA 1,260.00 9/9/2025 302873 WM MUELLER & SONS L2P25-02 2025 ST IMROV PROJECTS - PAYMENT#5 342,666.55 9/9/2025 302874 WM MUELLER & SONS 1/4 VIRGIN SAND BLACKTOP - STREETS 356.72 9/9/2025 302875 ANDERSON, PATRICIA UB REFUND 34.48 9/9/2025 302876 BARTA, NATHAN UB REFUND 54.01 9/9/2025 302877 CASSENS, BRANDON & MADDISON UB REFUND 135.80 CHECK REGISTER A FOR CITY OF HUTCHINSON CHECK DATES 8/27/25 - 9/9/25 Check Date Check # Name Description Amount 9/9/2025 302878 HERITAGE SQAPTS UB REFUND 493.51 9/9/2025 302879 JENSEN, ELENA UB REFUND 46.68 9/9/2025 302880 JOHNSON, ALEXIA UB REFUND 96.74 9/9/2025 302881 MATTER, ANN UB REFUND 70.50 9/9/2025 302882 NICCUM, JASON UB REFUND 61.71 9/9/2025 302883 PETERSON, PAT UB REFUND 48.22 9/9/2025 302884 PRICE, MARYANN UB REFUND 39.23 9/9/2025 302885 TLC MANAGEMENT SERVICES LLC UB REFUND 57.53 9/9/2025 302886 TLC MANAGMENT SERVICES LLC UB REFUND 57.53 Total - Check Register A: $ 1,802,341.83 CHECK REGISTER B FOR CITY OF HUTCHINSON CHECK DATES 8/27/25 - 9/9/25 Check Date Check # Name Description Amount 9/9/2025 302842 OUTDOOR MOTION BIKE REPAIR 27.00 Total - Check Register B: c: HUTCHINSON CITY COUNCIL HUTCHINSON Request for Board Action A CITY ON PURPOSE IIIIIIII Public Hearing for Dale Street SW (L1/P25-01) Agenda Item: Department: PW/Eng LICENSE SECTION Meeting Date: 9/9/2025 Application Complete N/A Contact: Mike Stifter Agenda Item Type: Presenter: Mike Stifter Reviewed by Staff ❑ Public Hearing Time Requested (Minutes): 15 License Contingency N/A Attachments: Yes BACKGROUND/EXPLANATION OFAGENDA ITEM: City staff will be administering a Public Hearing for the Dale Street SW project. Following a brief project overview by City staff and possible public comments, staff will request that the City Council move forward with the final preparation/approval of project plans/specifications. The scheduled bid opening date was Tuesday, February 11th (1.00 PM). BOARD ACTION REQUESTED: Approval of Resolution Fiscal Impact: Funding Source: FTE Impact: Budget Change: New Bu Included in current budget: Yes PROJECT SECTION: Total Project Cost: Total City Cost: Funding Source: N/A Remaining Cost: $ 0.00 Funding Source: N/A RESOLUTION NO. 15903 RESOLUTION ORDERING IMPROVEMENT AND PREPARATION OF PLANS AND SPECIFICATIONS LETTING NO. 1/PROJECT NO. 25-01 WHEREAS, a resolution of the City Council adopted the 22nd day of October 2024, fixed a date for a Council Hearing on the following improvements: Dale Street SW (South Grade Rd SW to Roberts Rd SW): Full depth reclamation of street, including partial curb and gutter replacement, water main, sanitary sewer and storm sewer repairs, restoration and appurtenances. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF HUTCHINSON, MINNESOTA: 1. Such improvement is necessary, cost-effective, and feasible as detailed in the feasibility report. 2. Such improvement is hereby ordered as proposed in the resolution adopted the 22nd day of October 2024. 3. Such improvement has no relationship to the comprehensive municipal plan. 4. Justin Black is hereby designated as the engineer forthis improvement. The engineer shall prepare plans and specifications for the making of such improvement. 5. The City Council declares its official intent to reimburse itself for the costs of the improvement from the proceeds of tax exempt bonds. Adopted by the Council this 9th day of September 2025. Mayor: Gary Forcier City Administrator: Matthew Jaunich c: HUTCHINSON CITY COUNCIL HUTCHINSON Request for Board Action A CITY ON PURPOSE IIIIIIII Public Hearing for 2025 Street Improvement Projects (L2/P25-02) Agenda Item: Department: PW/Eng LICENSE SECTION Meeting Date: 9/9/2025 Application Complete N/A Contact: Mike Stifter Agenda Item Type: Presenter: Mike Stifter Reviewed by Staff ❑ Public Hearing Time Requested (Minutes): 15 License Contingency N/A Attachments: Yes BACKGROUND/EXPLANATION OFAGENDA ITEM: City staff will be administering a Public Hearing for the 2025 Street Improvement projects. Following a brief project overview by City staff and possible public comments, staff will request that the City Council move forward with the final preparation/approval of project plans/specifications. The scheduled bid opening date was Tuesday, February 18th (1.00 PM). BOARD ACTION REQUESTED: Approval of Resolution Fiscal Impact: Funding Source: FTE Impact: Budget Change: New Bu Included in current budget: Yes PROJECT SECTION: Total Project Cost: Total City Cost: Funding Source: N/A Remaining Cost: $ 0.00 Funding Source: N/A RESOLUTION NO. 15904 RESOLUTION ORDERING IMPROVEMENT AND PREPARATION OF PLANS AND SPECIFICATIONS LETTING NO. 2/PROJECT NO. 25-02 WHEREAS, a resolution of the City Council adopted the 22nd day of October 2024, fixed a date for a Council Hearing on the following improvements: 2025 Street Improvement Projects: Hassan Street SE (1 st Avenue NE to Oakland Avenue SE) Full depth reclamation of street, including partial curb and gutter replacement, water main, sanitary sewer and storm sewer repairs restoration and appurtenances. 1 st Ave SE (Main Street S to Jefferson Street SE) Full depth reclamation of street, including partial curb and gutter replacement, restoration and appurtenances. 3rd Ave SE (Main Street S to Hassan Street SE) Full depth reclamation of street, including partial curb and gutter replacement, storm sewer replacement restoration and appurtenances. 6th Ave SE (Main Street S to Hassan Street SE) Full depth reclamation of street, including partial curb and gutter replacement, restoration and appurtenances. 7th Ave SE (Main Street S to Hassan Street SE) Full depth reclamation of street, including partial curb and gutter replacement, storm sewer replacement restoration and appurtenances. Stoney Point Rd SW (School Rd SW to Roberts Rd SW) Full depth reclamation of street, including partial curb and gutter replacement, restoration and appurtenances. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF HUTCHINSON, MINNESOTA: 1. Such improvement is necessary, cost-effective, and feasible as detailed in the feasibility report. 2. Such improvement is hereby ordered as proposed in the resolution adopted the 22nd day of October 2024. 3. Such improvement has no relationship to the comprehensive municipal plan. 4. Justin Black is hereby designated as the engineer for this improvement. The engineer shall prepare plans and specifications for the making of such improvement. 5. The City Council declares its official intent to reimburse itself for the costs of the improvement from the proceeds of tax exempt bonds. Adopted by the Council this 9th day of September 2025. Mayor: Gary Forcier City Administrator: Matthew Jaunich RA HUTCHINSON CITY COUNCIL HUTCHINSON Request for Board Action A CITY ON PURPOSE. RESOLUTION APPROVING THE ADOPTION OF A MODIFICATION OF A DEVELOPMENT PROGRAM FOR MUNICIPAL DEVELOPMENT DISTRICT NO. 4', ESTABLISHING TAX INCREMENT FINANCING DISTRICT NO. 4-24 WITHIN MUNICIPAL DEVELOPMENT DISTRICT NO. 4, APPROVING THE TAX INCREMENT FINANCING PLAN THEREFOR', AUTHORIZING AN INTERFUND LOAN FOR TAX INCREMEMNT FINANCING DISTRICT NO. 4-24', AUTHORIZING EXECUTION OF A DEVELOPMENT AGREEMENT', APPROVING THE ELIMINATION OF PARCEL FROM TAX INCREMNT FINANCING Agenda Item: DISTRCIT NO 4-16 WITHIN MUNICIPAL DEVELOPMENT DISTRICT NO.4, AND AUTHORIZING THE FORGIVENESS OF AN INTERFUND LOAN FOR TAX INCREMENT FINANCING DISTRICT NO.4-16 Department: EDA LICENSE SECTION Meeting Date: 9/9/2025 Application Complete N/A Contact: Miles R. Seppelt Agenda Item Type: Presenter: Miles R. Seppelt Reviewed by Staff ❑ Public Hearing Time Requested (Minutes): 15 License Contingency N/A Attachments: Yes BACKGROUND/EXPLANATION OFAGENDA ITEM: The purpose of the public hearing would be to obtain public comment on (A) establishment of TIF District 4-24, a housing TIF District for the Landing project, (B) approving the Tax Increment Financing Plan for the project; (C) authorizing an inter -fund loan; (D) authorizing the execution of a Development Agreement with the Developer; (E) removing a parcel from TIF District 4-16; and (F) authorizing forgiveness of an inter -fund loan for TIF District 4-16. CG Real Estate Partners of St. Cloud is proposing to construct an 81-unit market rate apartment complex on the site, located at 126 Franklin Street NW. This would be a four-story structure, with parking on the first level and three levels of apartments above it. Amenities would include a roof -top patio, another outdoor patio & fire pit and an enclosed dog park. Construction would begin in late September and would take approximately 12-15 months. ATTACHED for your review please find- (1) TIF Plan 4-24; (2) Modification to TIF Plan 4-16; (3) Development Agreement between the City and the Developer; and (4) the Resolution approving all the proposed actions. Staff will be on hand at the council meeting to provide additional information and answer any questions you may have. In the meantime, if you have any questions or need additional information, please give me a call anytime at 234-4223. BOARD ACTION REQUESTED: Adoption of resolution and authorization for Mayor & City Staff to sign Fiscal Impact: Funding Source: FTE Impact: Budget Change: New Bu Included in current budget: No PROJECT SECTION: Total Project Cost: Total City Cost: Funding Source: Remaining Cost: $ 0.00 Funding Source: Adoption Date: September 9, 2025 City of Hutchinson McLeod County, Minnesota MODIFICATION TO THE DEVELOPMENT PROGRAM Development District No. 4 Tax Increment Financing (TIF) Plan Establishment of Tax Increment Financing District No. 4-24 (a housing district) 14% EHLERS 95M PUBLIC FINANCE ADVISORS Prepared by: Ehlers 3001 Broadway Street, Suite 320 Minneapolis, Minnesota 55413 BUILDING COMMUNITIES. IT'S WHAT WE DO. Modification to the Development Program for Development District No. 4 1 FOREWORD 1 Tax Increment Financing Plan for Tax Increment Financing District No. 4-24 2 FOREWORD OA STATUTORY AUTHORITY 2 STATEMENT OF OBJECTIVES 2 DEVELOPMENT PROGRAM OVERVIEW 3 DESCRIPTION OF PROPERTY IN THE DISTRICT AND PROPERTY TO BE ACQUIRED 3 DISTRICT CLASSIFICATION DURATION & FIRST YEAR OF DISTRICT'S TAX INCREMENT 5 ORIGINAL TAX CAPACITY, TAX RATE & ESTIMATED CAPTURED NET TAX CAPACITY VALUE/INCREMENT & NOTIFICATION OF PRIOR PLANNED IMPROVEMENTS 5 SOURCES OF REVENUE/BONDS TO BE ISSUED 7 USES OF FUNDS 7 ESTIMATED IMPACT ON OTHER TAXING JURISDICTIONS 8 SUPPORTING DOCUMENTATION 11 DISTRICT ADMINISTRATION 11 Appendix A: Map of Development District No. 4 and the TIF District Appendix B: Estimated Cash Flow for the District Appendix C: Findings Including But/For Qualifications Modification to the Development Program for Development District No. 4 FOREWORD The following text represents a Modification to the Development Program for Development District No. 4. This modification represents a continuation of the goals and objectives set forth in the Development Program for Development District No. 4 originally adopted by the City Council in 1980 and modified from time to time. Generally, the substantive changes include the establishment of Tax Increment Financing District No. 4-24. For further information, a review of the Development Program for Development District No. 4, is recommended. It is available from the City Administrator at the City of Hutchinson. Other relevant information is contained in the tax increment financing plans for the tax increment financing districts located within Development District No. 4. City of Hutchinson Tax Increment Financing District No. 4-24 Tax Increment Financing Plan for Tax Increment Financing District No. 4-24 FOREWORD The City of Hutchinson (the "City"), staff and consultants have prepared the following information to expedite the Establishment of Tax Increment Financing District No. 4-24 (the "District"), a housing tax increment financing district, located in Development District No. 4. STATUTORY AUTHORITY Within the City, there exist areas where public involvement is necessary to cause development or redevelopment to occur. To this end, the City has certain statutory powers pursuant to Minnesota Statutes ("M.S."), Sections 469.724 - 469.733, inclusive, as amended, and M.S., Sections 469.774 to 469.7794, inclusive, as amended (the "TIF Act"), to assist in financing public costs related to this project. This section contains the Tax Increment Financing Plan (the "TIF Plan") for the District. Other relevant information is contained in the Modification to the Development Program for Development District No. 4. STATEMENT OF OBJECTIVES The District currently consists of six (6) parcels of land and adjacent roads and internal rights -of -way. The District is being created to facilitate development of vacant property in the City into an approximately 81-unit apartment building, a portion of which will be designated as affordable. The City has not entered into an agreement at the time of preparation of this TIF Plan, but the intended developer is GC Real Estate Partners, LLC (or a designated affiliate) and development is likely to start in 2025. This TIF Plan is expected to achieve many of the objectives outlined in the Development Program for Development District No. 4. The activities contemplated in the Modification to the Development Program and the TIF Plan do not preclude the undertaking of other qualified development or redevelopment activities. These activities are anticipated to occur over the life of Development District No. 4 and the District. City of Hutchinson Tax Increment Financing District No. 4-24 2 DEVELOPMENT PROGRAM OVERVIEW Pursuant to the Development Program and authorizing state statutes, the City is authorized to undertake the following activities in the District: 1. Property to be Acquired - The City currently owns the property within the District. Selected property within the District may be acquired by the City and is further described in this TIF Plan. 2. Relocation - Relocation services, to the extent required by law, are available pursuant to M.S., Chapter 117 and other relevant state and federal laws. 3. Upon approval of a developer's plan relating to the project and completion of the necessary legal requirements, the City may sell to a developer selected properties that it may acquire within the District or may lease land or facilities to a developer. 4. The City may perform or provide for some or all necessary acquisition, construction, relocation, demolition, and required utilities and public street work within the District. DESCRIPTION OF PROPERTY IN THE DISTRICT AND PROPERTY TO BE ACQUIRED The District encompasses all property and adjacent roads rights -of -way and abutting roadways identified by the parcels listed below. Parcel numberAddress 23-056-2880 126 Franklin St NW Owner Hutchinson 23-056-2930 145 Glen St N Hutchinson 23-056-2920 135 Glen St N Hutchinson 23-056-2910 125 Glen St N Hutchinson 23-056-2900 145 1st Ave NW Hutchinson 23-056-2890 135 1st Ave NW Hutchinson Note: Parcel 23-056-2880 being included in the District will be removed from Tax Increment Financing District No. 4-16 prior to establishment of the District. Please also see the map in Appendix A for further information on the location of the District. City of Hutchinson Tax Increment Financing District No. 4-24 3 The City may acquire any parcel within the District including interior and adjacent street rights of way. Any properties identified for acquisition will be acquired by the City only in order to accomplish one or more of the following: storm sewer improvements; provide land for needed public streets, utilities and facilities; or carry out land acquisition, site improvements, clearance and/or development to accomplish the uses and objectives set forth in this plan. The City may acquire property by gift, dedication, condemnation or direct purchase from willing sellers in order to achieve the objectives of this TIF Plan. Such acquisitions will be undertaken only when there is assurance of funding to finance the acquisition and related costs. The City currently owns all parcels of the property to be included in the District. DISTRICT CLASSIFICATION The City, in determining the need to create a tax increment financing district in accordance with the TIF Act finds that the District, to be established, is a housing district pursuant to M.S., Section 469.774, Subd. 11 and M.S., Section 469. 7767. • The District consists of six (6) parcels • The development will consist of 81-units of multi -family rental housing • At least 20% of the units will be occupied by persons or households with incomes less than 50% of area median income, or at least 40% of the units will be occupied by persons or households with incomes less than 60% of area median income • No more than 20% of the square footage of the building that is receiving assistance from tax increment consists of commercial, retail or other non- residential uses. Pursuant to M.S., Section 469.776, Subd. 7, the District does not contain any parcel or part of a parcel that qualified under the provisions of M.S., Sections 273.777, 273.772, or 273.774 or Chapter 473H for taxes payable in any of the five calendar years before the filing of the request for certification of the District. City of Hutchinson Tax Increment Financing District No. 4-24 4 DURATION & FIRST YEAR OF DISTRICT'S TAX INCREMENT Pursuant to M.S., Section 469.775, Subd. 7, and Section 469.776, Subd. 7, the duration and first year of tax increment of the District must be indicated within the TIF Plan. Pursuant to M.S., Section 469.776, Subd. lb., the duration of the District will be 25 years after receipt of the first increment by the City (a total of 26 years of tax increment). The City elects to receive the first tax increment in 2027, which is no later than four years following the year of approval of the District. Thus, it is estimated that the District, including any modifications of the TIF Plan for subsequent phases or other changes, would terminate after 2052, or when the TIF Plan is satisfied. The City reserves the right to decertify the District prior to the legally required date. ORIGINAL TAX CAPACITY, TAX RATE & ESTIMATED CAPTURED NET TAX CAPACITY VALUE/INCREMENT & NOTIFICATION OF PRIOR PLANNED IMPROVEMENTS Pursuant to M.S., Section 469.774, Subd. 7 and M.S., Section 469.777, Subd. 7, the Original Net Tax Capacity (ONTC) as certified for the District will be based on the market values placed on the property by the assessor in 2025 for taxes payable 2026. Pursuant to M.S., Section 469.777, Subds. 7 and 2, the County Auditor shall certify in each year (beginning in the payment year 2027) the amount by which the original value has increased or decreased as a result of: Change in tax exempt status of property; 2. Reduction or enlargement of the geographic boundaries of the District; 3. Change due to adjustments, negotiated or court -ordered abatements; 4. Change in the use of the property and classification; S. Change in state law governing class rates; or 6. Change in previously issued building permits. In any year in which the current Net Tax Capacity (NTC) value of the District declines below the ONTC, no value will be captured and no tax increment will be payable to the City. The original local tax rate for the District will be the local tax rate for taxes payable 2026, assuming the request for certification is made before June 30, 2026. The rates for 2026 were not available at the time the District was established. City of Hutchinson Tax Increment Financing District No. 4-24 5 Estimates for the ONTC and the Original Local Tax Rate for the District appear in the table below. Pursuant to M.S., Section 469.774 Subd. 4 and M.S., Section 469.777, Subd. 1, 2, and 4, the estimated Captured Net Tax Capacity (CTC) of the District, within Development District No. 4, upon completion of the project within the District, will annually approximate tax increment revenues as shown in the table below. The City requests 100% of the available increase in tax capacity be used for repayment of the obligations of the City and current expenditures, beginning in the tax year payable 2027. The Project Tax Capacity (PTC) listed is an estimate of value when the project within the District are completed. Estimated Development Tax Capacity upon completion 160,249 .ess: Estimated Original Net Tax Capacity (ONTC) 3,265 Estimated Captured Tax Capacity (CTC) 156,984 Pay x Original Local Tax Rate 129.0125% 2025 Estimated Annual Tax Increment $202,529 Percent Retained by the City 100% Note: Tax capacity includes a 1% inflation factor for the duration of the District. The tax capacity included in this chart is the estimated tax capacity of the District in year 26. For reference, the tax capacity of the District upon project completion is estimated to be $127,469. Pursuant to M.S., Section 469.777, Subd. 4, the City shall, after a due and diligent search, accompany its request for certification to the County Auditor or its notice of the District enlargement pursuant to M.S., Section 469.775, Subd. 4, with a listing of all properties within the District or area of enlargement for which building permits have been issued during the eighteen (18) months immediately preceding approval of the TIF Plan by the municipality pursuant to M.S., Section 469.775, Subd. 3. The County Auditor shall increase the original net tax capacity of the District by the net tax capacity of improvements for which a building permit was issued. The City has reviewed the area to be included in the District and found that some building permits) have been issued in the past 18 months, but none that should increase the original tax capacity. City of Hutchinson Tax Increment Financing District No. 4-24 6 SOURCES OF REVENUE/BONDS TO BE ISSUED The total estimated tax increment revenues for the District are shown in the table below: Tax Increment $ 4,474,569 Interest 223,729 DTAL $ 4,698,298 The costs outlined in the Uses of Funds will be financed primarily through the annual collection of tax increments. The City reserves the right to issue bonds (as defined in the TIF Act) or incur other indebtedness as a result of the TIF Plan. The City may issue bonds secured in whole or in part with tax increments from the District in a maximum principal amount of $4,698,298. Such bonds may be in the form of pay-as-you-go notes, revenue bonds or notes, general obligation bonds, or interfund loans. This estimate of total bonded indebtedness is a cumulative statement of authority under this TIF Plan as of the date of approval. As presently proposed, the projects within the District will be financed by pay-as-you-go notes and interfund loans. Any refunding amounts will be deemed a budgeted cost without a formal modification to this TIF Plan. This provision does not obligate the City to incur debt. The City will issue bonds or incur other debt only upon the determination that such action is in the best interest of the City. USES OF FUNDS Currently under consideration for the District is a proposal to facilitate the construction of a residential apartment building containing approximately 81- units of housing and all necessary site and public improvements to accommodate the facility and its parking needs. The City has determined that it will be necessary to provide assistance to the project for certain District costs, as described herein. The City has studied the feasibility of the development or redevelopment of property in and around the District. To facilitate the establishment and development or redevelopment of the District, this TIF Plan authorizes the use of tax increment financing to pay for the cost of certain eligible expenses. The estimate of public costs and uses of funds associated with the District is outlined in the following table. City of Hutchinson Tax Increment Financing District No. 4-24 7 Land/Building Acquisition $ 300,000 Site Improvements/Preparation 400,000 Affordable Housing 930,000 Utilities 325,000 Other Qualifying Improvements 95,841 Administrative Costs (up to 10%) 447,457 PROJECT COSTS TOTAL $ 2,498,298 Interest 2,200,000 'ROJECT AND INTEREST COSTS TOTAL $ 4.698,298 The total project cost, including financing costs (interest) listed in the table above does not exceed the total projected tax increments for the District as shown in the Sources of Revenue section. Estimated costs associated with the District are subject to change among categories without a modification to the TIF Plan. The cost of all activities to be considered for tax increment financing will not exceed, without formal modification, the budget above pursuant to the applicable statutory requirements. The City may expend funds for qualified housing activities outside of the District boundaries. ESTIMATED IMPACT ON OTHER TAXING JURISDICTIONS The estimated impact on other taxing jurisdictions assumes that the development contemplated by the TIF Plan would occur without the creation of the District. However, the City has determined that such development would not occur "but for" tax increment financing and that, therefore, the fiscal impact on other taxing jurisdictions is $0. The estimated fiscal impact of the District would be as follows if the "but for" test was not met: City of Hutchinson Tax Increment Financing District No. 4-24 8 McCleod County 45.545% 35.30% 156,984 $ 71,499 City of Hutchinson 56.527% 43.82% 156,984 88,739 ISD No. 423 (Hutchinson) 24.037% 18.63% 156,984 37,734 Other 2.903% 2.25% 156,984 4,557 129.013% 100.00% $202,529 The estimates listed above display the estimated captured tax capacity when all construction is completed. The tax rate used for calculations is the Pay 2025 rate. The total net capacity for the entities listed above are based on Pay 2025 figures. The District will be certified under the Pay 2026 rates, which were unavailable at the time this TIF Plan was prepared. Pursuant to M.S., Section 469.775 Subd. 2(b): (1) Estimate of total tax increment. It is estimated that the total amount of tax increment that will be generated over the life of the District is $4,474,569; (2) Probable impact of the District on city provided services and ability to issue debt. An impact of the District on police protection is expected. With any addition of new residents or businesses, police calls for service may increase. An 81-unit apartment complex would be expected to generate an average of 10-15 calls per year, inclusive of medicals. Generally, new developments add an increase in traffic and additional overall demands to the call load. However, the City does not expect that the proposed development, in and of itself, will necessitate new capital investment in vehicles or facilities. The probable impact of the District on fire protection is not expected to be significant. Typically, new buildings generate few fire service calls, if any, and are of superior construction. The City does not expect that the proposed development, in and of itself, will necessitate new capital investment in vehicles or facilities. City of Hutchinson Tax Increment Financing District No. 4-24 9 The impact of the District on public infrastructure is expected to be minimal. The development will include necessary parking and is not expected to significantly impact traffic movements in the area. The current infrastructure for sanitary sewer and water will be able to handle the additional volume generated from the proposed development. However, an existing sewer line currently bisects the development site and will be rerouted along the perimeter of the property. The City's sewer fund will pay approximately $173,555 for this expense. The site will also need a stormwater retention pond to address the surrounding neighborhood at an estimated cost of $76,734 to the City's stormwater fund. Additionally, a short segment of Glen Street will be removed, repaved and curb and gutter added with an estimated cost of $114,557 funded by the City's community improvement fund. Based on the development plans, there are no additional costs associated with street maintenance, sweeping, plowing, lighting and sidewalks. The development in the District is expected to contribute an estimated $162,000 in sanitary sewer (SAC) and water (WAC) connection fees. The probable impact of the issuance of any general obligation tax increment bonds payable from tax increment revenues from the District on the City's ability to issue debt for general fund purposes is expected to be minimal. It is not anticipated that there will be any general obligation debt issued in relation to this project, therefore there will be no impact on the City's ability to issue future debt or on the City's debt limit. (3) Estimated amount of tax increment attributable to school district levies. It is estimated that the amount of tax increments over the life of the District that would be attributable to school district levies, assuming the school district's share of the total local tax rate for all taxing jurisdictions remained the same, is $833,681; (4) Estimated amount of tax increment attributable to county levies. It is estimated that the amount of tax increments over the life of the District that would be attributable to county levies, assuming the county's share of the total local tax rate for all taxing jurisdictions remained the same, is $1,579,658; City of Hutchinson Tax Increment Financing District No. 4-24 10 (5) Additional information requested by the county or school district. The City is not aware of any standard questions in a county or school district written policy regarding tax increment districts and impact on county or school district services. The county or school district must request additional information pursuant to M.S., Section 469.775 Subd. 2(b) within 15 days after receipt of the tax increment financing plan. To date, no requests for additional information from the county or school district regarding the proposed development for the District have been received. SUPPORTING DOCUMENTATION Pursuant to M.S., Section 469.775, Subd. 7 (a), clause 7this TIF Plan must contain identification and description of studies and analyses used to make the determination set forth in M.S., Section 469.775, Subd. 3, clause (b)(2) and the findings are required in the resolution approving the District. In making said determination, reliance has been placed upon (1) written representation made by the Developer to such effects, (2) review of the Developer's proforma; and (3) City staff awareness of the feasibility of developing the project site within the District, which is further outlined in the City Council resolution approving the establishment of the District and Appendix C. DISTRICT ADMINISTRATION Administration of the District will be handled by the City Administrator. City of Hutchinson Tax Increment Financing District No. 4-24 11 Appendix A: Map of Development District No. 4 and the TIF District City of Hutchinson Tax Increment Financing District No. 4-24 Tax Increment Financing District No. 4-24 0"I Ell 111111111 Mir Tax Increment Financing District No 4-24 Development District No. 4 City of Hutchinson McLeod County, Minnesota Legend Development Districts = TIF 4-24 r--j DEVELOPMENT DISTRICT NO. 4 Appendix B: Estimated Cash Flow for the District City of Hutchinson Tax Increment Financing District No. 4-24 The Landing Apartments City of Hutchinson, MN 81 Market Rate Apartment Units �%'EHLERS DistdctType: Housing Tax Rates District Name/Number: TIP 4-24 County District #: TBD Exempt Class Rate (Exempt) 0.00% First Year Construction or Inflation on Value 2025 Commercial Industrial Preferred Class Rate (C/I Pref) Existing District - Specify No. Years Remaining First $150,000 1.50% Inflation Rate - Every Year: 1.00% Over $150,000 2.00% Interest Rate: 6.00% Commercial Industrial Class Rate (C/1) 2.00% Present Value Date: 1-Aug-26 Rental Housing Class Rate (Rental) 1.25% First Period Ending 1-Feb-27 Affordable Rental Housing Class Rate (A6. Rental) Tax Year District was Certified: Pay2026 First $100,000 0.25% Cashflow Assumes First Tax Increment For Development: 2027 Over $100,000 0.25% Years of Tax Increment 26 Non -Homestead Residential (Non-H Res. 1 Unit) Assumes Last Year of Tax Increment 2052 First $500,000 1.00% Fiscal Disparities Election [Outside (A), Inside (B), or NA] Over $500,000 1.25% Incremental or Total Fiscal Disparities Homestead Residential Class Rate (Hmstd. Res.) Fiscal Disparities Contribution Ratio First $500,000 1.00% Fiscal Disparities Metro -Wide Tax Rate Over $500,000 1.25% MaximuMFrozen Local Tax Rate: 129.013% Pay 2025 Agricultural Non -Homestead 1.00% Current Local Tax Rate: (Use lesser of Current or Max.) 129.013% Pay 2025 State-wide Tax Rate (Comm./Ind. only used for total taxes) 28.8570% Pay 2025 Market Value Tax Rate (Used for total taxes) 0.15566 % Pay 2025 BASE VALUE INFORMATION Building Total Percentage Tax Year Property Current Class After Land Market Market Of Value Used Original Original Tax Original After Conversion lap ID PID Owner Address Market Value Value Value for District Market Value Market Value Class Tax Capacity Conversion Ong. Tax Cap. Area/ Phas 1 23-056-2880 126 Franklin St NW 130,700 0 130,700 100% 130,700 Pay 2026 Exempt - Rental 1,634 1 2 23-056-2930 145 Glen St N 26, 100 0 26, 100 100% 26,100 Pay 2026 Exempt - Rental 326 1 3 23-056-2920 135 Glen St N 26,100 0 26,100 100% 26,100 Pay 2026 Exempt - Rental 326 1 4 23-056-2910 125 Glen St N 26,100 0 26,100 100% 26,100 Pay 2026 Exempt - Rental 326 1 5 23-056-2900 1451at Ave NW 26,100 0 26,100 100%F 26,100 Pay 2026 Exempt - Rental 326 1 6 23-056-2890 1351at Ave NW 26,100 0 26,100 100% 26,100 Pay 2026 Exempt - Rental 326 1 261,200 0 261,200 0 3,265 Note: 1. Base values are preliminary for pay 2026 based on review of County website on 7.16.2025. 2. Located in SD #0423. The Landing Apartments City of Hutchinson, MN 81 Market Rate Apartment Units g�EHLERS PROJECT• Est mate Taxable Total Taxable Property Percentage Percentage Percentage Percentage Firs[Year Market Value Market Value Total Market Tax Project Project Tax Completed Completed Completed Completed Full Taxes Area/Phase New Use Per Sq. Ft./Unit Per Sq. Ft./Unit Sq. Ft./Units Value Class Tax Capacity Capacity/Unit 2025 2026 2027 2028 Payable Apartments 125,895 125,895 81 10,197,500 Rental 127,469 1.574 25% 75% 100% 100% 2029 TOTAL 10,197,500 127,469 Note: 1. Market values are based upon preliminary estimates furnished by the County Assessors office to the developer May 27, 2025. o a Tax isca Disparities oca Tax TAX CALCULATIONS oca Ma Property Disparities a e-wi a Property a e Value Total Taxes Per New Use Ca aci Tax Capacity Capacity a acit Taxes Taxes Taxes Taxes Taxes Sq. FL/Unit A artments 127,469 0 127,469 1 164,451 0 0 15,873 180,324 2,226.22 P. n P.' 1. Taxes and tax increment will vary significantly from year to year depending upon values, rates, state law, fiscal Disparities and other factors which cannot be predicted. WHAT IS EXCLUDED FROM TIF? Total Property Taxes 180,32� less: State-wide Taxes 0 less: Market Value Taxes (15,87- less: Base Value Taxes 4,212 Annual Gross TIF 160,23E g%'EHLERS PUBLIC FINANCE ADVISORS The Landing Apartments City of Hutchinson, MN 81 Market Rate Apartment Units % of Tax Tax Tax Tax Gross Tax i Gross Tax Auditor Retention i Net Tax Present i ENDING Tax Payment 100% 31,867 (3,265) 28,602 129.013% 36,900 18,450 (66) 20% (3,677) 14,707 13,863 0.5 2021 0810111 18,450 (66) 20% (3,677) 14,707 27,322 1 2027 02/01/28 100% 95,602 (3,265) 92,337 129.013% 119,126 59,563 (214) 20% (11,870) 47,479 69,506 1.5 2028 08/01/28 59,563 (214) 20% (11,:70) 47,479 110,462 2 2028 02/01/29 100% 127,469 (3,265) 124,204 129.013% 160,238 80,119 (288) 20% (15,966) 63,865 163,948 2.5 2029 OB/01/29 80,119 (288) 20% (15,966) 63,865 215:876 3 2029 02/01/30 100% 128,743 (3,265) 125,478 129.013% 161,883 80,941 (291) 20% (16,130) 64,520 266'809 3.5 2030 08/01/30 80,941 (291) 20% (16,130) 64,520 316,258 4 2030 02/01/31 100% 130,031 (3,265) 126,766 129.013% 163,544 81,772 (294) 20% (16,296) 65,182 364,760 4.5 2031 08/01/31 81,772 (294) 20% (16,296) 65,182 411,849 5 2031 02/01/32 100% 131,331 (3,265) 128,066 129.013% 165,221 82,611 (297) 10% (8,231) 74,082 463,809 5.5 2032 08/01/32 82,611 (297) 10% (8,231) 74,082 514:255 6 2032 02/01/33 100% 132,644 (3,265) 129,379 129.013% 166,916 83,458 (300) 10% (8,316) 74,842 563,734 6.5 2033 08/01/33 83,458 (300) 10% (8,316) 74,842 611,772 7 2033 02/01/34 100% 133,971 (3,265) 130,706 129.013% 168,627 84,314 (304) 10% (8,401) 75,609 658,889 7.5 2034 08/01/34 84,314 (304) 10% (8,401) 75,609 704,634 8 2034 02/01/35 100% 135,311 (3,265) 132,046 129.013% 170,355 85,178 (307) 10% (8,487) 76,384 749,502 8.5 2035 OB/01/35 85,178 (317) 10% (8,487) 76,384 793:062 9 2035 02/01/36 100% 136,664 (3,265) 133,399 129.013% 172,101 86,051 (310) 10% (8,574) 77,167 835,788 9.5 2036 08/01/36 86,051 (310) 10% (8,574) 77,167 877,269 10 2036 02/01/37 100% 138,030 (3,265) 134,765 129.013% 173,864 86,932 (313) 10% (8,662) 77,957 917,954 10.5 2037 08/01/37 86,932 (313) 10% (8,662) 77,957 957,454 11 2037 02/01/38 100% 139,411 (3,265) 136,146 129.013% 175,645 87,822 (316) 10% (8,751) 78,756 996,197 11.5 2038 08/01/38 87,822 (316) 10% (8,751) 78,756 1,033,811 12 2038 02/01/39 100% 140,805 (3,265) 137,540 129.013% 177,444 88,722 (319) 10% (8,840) 79,562 1,070,704 12.5 2039 08/01/39 88,722 (319) 10% (8,840) 79,562 1,106,522 13 2039 02/01/40 100% 142,213 (3,265) 138,948 129.013% 179,260 89,630 (323) 10% (8,931) 80,377 1, 141,653 13.5 2040 O1101140 89,630 (323) 10% (8,931) 80,377 1,175,760 14 2040 02/01/41 100% 143,635 (3,265) 140,370 129.013% 181,095 90,547 (326) 10% (9,022) 81,199 1,209,213 14.5 2041 08/01/41 90,547 (326) 10% (9,022) 81,199 1,241,692 15 2041 02/01/42 100% 145,071 (3,265) 141,806 129.013% 182,948 91,474 (329) 10% (9, 114) 82,030 1,273,547 15.5 2042 08/01/42 91,474 (329) 10% (9,114) 82,030 1,304,475 16 2042 02/01/43 100% 146,522 (3,265) 143,257 129.013% 184,820 92,410 (333) 10% (9,208) 82,869 1,334,809 16.5 2043 08/01/43 92,410 (333) 10% (9,208) 82,869 1,364,259 17 2043 02/01/44 100% 147,987 (3,265) 144,722 129.013% 186,710 93,355 (336) 10% (9,302) 83,717 1,393,144 17.5 2044 08/01/44 93,355 (336) 10% (9:302) 83,717 1,421,188 18 2044 02/01/45 100% 149,467 (3,265) 146,202 129.013% 188,619 94,310 (340) 10% (9,397) 84,573 1,448:694 18.5 2045 08/01/45 94,310 (340) 10% (9,397) 84,573 1,475,398 19 2045 02/01/46 100% 150,962 (3,265) 147,697 129.013% 190,547 95,274 (343) 10% (9,493) 85,438 1,501,589 19.5 2046 08/01/46 95,274 (343) 10% (9,493) 85,438 1,527,018 20 2046 02/01/47 100% 152,471 (3,265) 149,206 129.013% 192,495 96,247 (346) 10% (9,590) 86,311 1,551,958 20.5 2047 08/01/47 96,247 (346) 10% (9,590) 86,311 1,576,172 21 2047 02/01/48 100% 153,996 (3,265) 150,731 129.013% 194,462 97,231 (350) 10% (9,688) 87,193 1,599,921 21.5 2048 08/01/48 97,231 (350) 10% (9,688) 87, 193 1,622,978 22 2048 02/01/49 100% 155,536 (3,265) 152,271 129.013% 196,449 98,224 (354) 10% (9,787) 88,084 1,645,593 22.5 2049 08/01/49 98,224 (354) 10% (9,787) 88,084 1,667,548 23 2049 02/01/50 100% 157,091 (3,265) 153,826 129.013% 198,455 99,228 (357) 10% (9,887) 88,984 1,689,0:2 23.5 2050 08/01/50 99,228 (357) 10% (9,887) 88,984 1,709,989 24 2050 02/01/51 100% 158,662 (3,265) 155,397 129.013% 200,482 100,241 (361) 10% (9,988) 89,892 1,730,494 24.5 2051 08/01/51 100,241 (361) 10% (9,988) 89,892 1,750,402 25 2051 02/01/5, 100% 160,249 (3,265) 156,984 129.013% 202,529 101,264 (365) 10% (10,090) 90,810 1,769,927 25.5 2052 OB101152 101,264 365 10% 10,090 90,810 80 1,788,884 26 2052 02/01/53 Appendix C: Findings Including But/For Qualifications The reasons and facts supporting the findings for the adoption of the Tax Increment Financing Plan for Tax Increment Financing District No. 4-24, as required pursuant to Minnesota Statutes, (M.S.) Section 469.775, Subdivision 3 are as follows: 7. Finding that Tax Increment Financing District No. 4-24 is a housing district as defined in M.S., Section 469.774, Subd. 77. Tax Increment Financing District No. 4-24 consists of six (6) parcels. The development will consist of the construction of approximately 81- units of new rental housing in the City, all or a portion of which will receive tax increment assistance and will meet income restrictions described in M.S. Section 469.7767. At least 20% of the units receiving assistance will be occupied by individuals and families whose incomes are at or below 50% of area median income, or at least 40% of the units receiving assistance will be occupied by individuals and families whose incomes are at or below 60% of area median income. 2. Finding that the proposed development, in the opinion of the City Council, would not reasonably be expected to occur solely through private investment within the reasonably foreseeable future. This finding is supported by the fact that the development proposed in the TIF Plan is a housing district that meets the City's objectives for development and redevelopment. The cost of land acquisition, site and public improvements and utilities makes this housing development infeasible without City assistance. The developer has represented that they could not proceed with the development without tax increment or other public funding assistance. The developer has provided the City its estimated Development Proforma outlining project sources and uses as well as projected rent, vacancy and financing assumptions. City staff and the City's advisors reviewed the information and have determined the redevelopment is not feasible without the proposed assistance due to the anticipated rental income from the housing units providing insufficient cash flow to pay operating expenses, service the debt and provide a sufficient rate of return. This leaves a gap in the funding for the project and makes this housing development feasible only through assistance, in part, from tax increment financing. Based on the review, the City does not expect that a development of this type would occur in the in the reasonably foreseeable future but for the use of tax increment assistance. City of Hutchinson Tax Increment Financing District No. 4-24 3. Finding that the TIF Plan for Tax Increment Financing District No. 4-24 conforms to the general plan for the development or redevelopment of the municipality as a whole. The City Council reviewed the TIF Plan and found that the TIF Plan conforms to the general development plan of the City. 4. Finding that the TIF Plan for Tax Increment Financing District No. 4-24 will afford maximum opportunity, consistent with the sound needs of the City as a whole, for the development or redevelopment of Development District No. 4 by private enterprise. The Development proposed to occur within the TIF District will afford maximum opportunity for the development of the applicable parcels consistent with the needs of the City. Through the implementation of the TIF Plan, the City will provide an impetus for residential development, which is desirable or necessary for increased population and an increased need for life -cycle housing within the City. The TIF Plan also helps the EDA or the City meet their goal of providing more affordable housing options in the City. City of Hutchinson Tax Increment Financing District No. 4-24 Adoption Date: March 18, 2016 Modification #1 Public Hearing: December 8, 2020 Modification #2 Public Hearing: September 9, 2025 City of Hutchinson McLeod County, Minnesota MODIFICATION to the Tax Increment Financing (TIF) Plan Tax Increment Financing District No. 4-16 (a redevelopment district) Located in Development District No. 4 EHLERS PUBLIC FINANCE ADVISORS Prepared by: Ehlers 3001 Broadway Street, Suite 320 Minneapolis, Minnesota 55413 BUILDING COMMUNITIES. IT'S WHAT WE DO. Modification to the Tax Increment Financing Plan for Tax Increment Financing District No. 4-16 FOREWORD STATEMENT OF OBJECTIVES DESCRIPTION OF PROPERTY IN THE DISTRICT Appendix A: December 8, 2020 Modified TIF Plan Modification to the Tax Increment Financing Plan for Tax Increment Financing District No. 4-16 FOREWORD The City of Hutchinson (the "City"), staff and consultants have prepared the following information to expedite the Modification of Tax Increment Financing District No. 4-16 (the "District"), a redevelopment tax increment financing district, located in Development District No. 4. STATEMENT OF OBJECTIVES As modified September 9, 2025 The TIF Plan is being modified to remove one (1) parcel from the District which is currently vacant. The TIF Plan's authorized budget and objectives will remain unchanged. DESCRIPTION OF PROPERTY IN THE DISTRICT As modified September 9, 2025 The District is being modified to remove the following parcel from the District: Parcel 23-056-2880 was certified with an original tax capacity of $8,372 and it is currently 0. The property was owned by the City at the time of certification of the District, but it did not become tax exempt until after the certification. Since the current net tax capacity of that parcel is now lower than the original net tax capacity when the District was created, the City will hold a public hearing to remove the parcel. Due to the small tax capacity reduction from the original certification and the parcels current status, no additional fiscal impacts are anticipated for the City or the other taxing jurisdictions as a result of removing the parcel. The following parcel will remain in the District: City of Hutchinson Modification to Tax Increment Financing District No. 4-16 Appendix A: December 8, 2020 Modified TIF Plan City of Hutchinson Modification to Tax Increment Financing District No. 4-16 ECONOMIC DEVELOPMENT & REDEVELOPMENT Irg MODIFICATION TO THE DEVELOPMENT PROGRAM Development District No. 4 -AND - TAX INCREMENT FINANCING PLAN Modification of Tax Increment Financing District No. 4-16 (a redevelopment district) City of Hutchinson, McLeod County, Minnesota Adopted: March 18, 2016 Modification #1 Public Hearing: December 8, 2020 LE RS BUILDING COMMUNITIES. IT'S WHAT WE DO. g'Z4EH® info@ehlers-inc.com 1 (900) 552-1171 ® www.ehlers-inc.com I♦ LEAIJERS IN PUBLIC FINANCE Table of Contents (for reference purposes only) Section 1 - Modification to the Development Program for Development District No. 4.................................................... 1-1 Foreword.................................................................... 1-1 Section 2 - Tax Increment Financing Plan for Tax Increment Financing District No. 4-16........................................ 2-1 Subsection 2-1. Foreword...................................................... 2-1 Subsection 2-2. Statutory Authority ............................................... 2-1 Subsection 2-3. Statement of Objectives .......................................... 2-1 Subsection 2-4. Development Program Overview ................................... 2-2 Subsection 2-5. Description of Property in the District and Property To Be Acquired ........ 2-2 Subsection 2-6. Classification of the District ........................................ 2-2 Subsection 2-7. Duration and First Year of Tax Increment of the District .................. 2-4 Subsection 2-8. Original Tax Capacity, Tax Rate and Estimated Captured Net Tax Capacity Value/Increment and Notification of Prior Planned Improvements ....................... 2-4 Subsection 2-9. Sources of Revenue/Bonds to be Issued ............................. 2-6 Subsection 2-10. Uses of Funds .................................................. 2-7 Subsection 2-11. Business Subsidies .............................................. 2-9 Subsection 2-12. County Road Costs ............................................. 2-10 Subsection 2-13. Estimated Impact on Other Taxing Jurisdictions ....................... 2-10 Subsection 2-14. Supporting Documentation ....................................... 2-13 Subsection 2-15. Definition of Tax Increment Revenues .............................. 2-13 Subsection 2-16. Modifications to the District ....................................... 2-14 Subsection 2-17. Administrative Expenses ......................................... 2-14 Subsection 2-18. Limitation of Increment .......................................... 2-15 Subsection 2-19. Use of Tax Increment ........................................... 2-16 Subsection 2-20. Excess Increments ............................................. 2-16 Subsection 2-21. Requirements for Agreements with the Developer ..................... 2-16 Subsection 2-22. Assessment Agreements ........................................ 2-17 Subsection 2-23. Administration of the District ...................................... 2-17 Subsection 2-24. Annual Disclosure Requirements .................................. 2-17 Subsection 2-25. Reasonable Expectations ........................................ 2-17 Subsection 2-26. Other Limitations on the Use of Tax Increment ........................ 2-18 Subsection 2-27. Summary ..................................................... 2-18 Appendix A Project Description............................................................. A-1 Appendix B Map of Development District No. 4 and the District .................................... B-1 Appendix C Description of Property to be Included in the District ................................... C-1 Appendix D Estimated Cash Flow for the District . .............................................. D-1 Appendix E Minnesota Business Assistance Form .............................................. E-1 Appendix F Redevelopment Qualifications for the District ............................................ F-1 Appendix G Findings Including But/For Qualifications ............................................ G-1 Section 1 - Modification to the Development Program for Development District No. 4 Foreword The following text represents a Modification to the Development Program for Development District No. 4. This modification represents a continuation of the goals and objectives set forth in the Development Program for Development District No. 4. Generally, the substantive changes include the establishment of Tax Increment Financing District No. 4-16. For further information, please review the Development Program for Development District No. 4, adopted May 1980 and modified on April 24, 1990; December 30, 1991; May 13, 1997; June 8, 2003; June 29, 2004; August 23, 2005; and June 12, 2007. It is available from the City Administrator or Economic Development Director at the City of Hutchinson. Other relevant information is contained in the Tax Increment Financing Plans for the Tax Increment Financing Districts located within Development District No. 4. City of Hutchinson Modification to the Development Program for Development District No. 4 1-1 Section 2 - Tax Increment Financing Plan for Tax Increment Financing District No. 4-16 Subsection 2-1. Foreword The City of Hutchinson (the "City"), staff and consultants have prepared the following information to expedite the establishment of Tax Increment Financing District No. 4-16 (the "District"), a redevelopment tax increment financing district, located in Development District No. 4. (As Modified December 8, 2020) The City of Hutchinson (the "City"), staff and consultants have prepared the following information to expedite the expansion of Tax Increment Financing District No. 4-16 (the "District"), a redevelopment tax increment financing district, located in Development District No. 4. Subsection 2-2. Statutory Authority Within the City, there exist areas where public involvement is necessary to cause development or redevelopment to occur. To this end, the City has certain statutory powers pursuant to Minnesota Statutes CUS.'), Sections 469.124 to 469.133, inclusive, as amended, and M.S., Sections 469.174 to 469.1794, inclusive, as amended (the "Tax Increment Financing Act" or "TIF Act"), to assist in financing public costs related to this project. This section contains the Tax Increment Financing Plan (the "TIF Plan") for the District. Other relevant information is contained in the Modification to the Development Program for Development District No. 4. Subsection 2-3. Statement of Objectives The District currently consists of one parcel of land and adjacent and internal rights -of -way. The District is being created to enable the Hutchinson Economic Development Authority (the "EDA") and City to acquire property and prepare the site for future development in the City. Please see Appendix A for further District information. The City has not entered into an agreement or designated a developer at the time of preparation of this TIF Plan. This TIF Plan is expected to achieve many of the objectives outlined in the Development Program for Development District No. 4. The activities contemplated in the Modification to the Development Program and the TIF Plan do not preclude the undertaking of other qualified development or redevelopment activities. These activities are anticipated to occur over the life of Development District No. 4 and the District. (As Modified December 8, 2020) The District currently consists of two parcels of land and adjacent and internal rights -of -way. The District is being created to enable the Hutchinson Economic Development Authority (the "EDA") and City to acquire property and prepare the site for future development in the City. Please see Appendix A for further District information. The City has not entered into an agreement or designated a developer at the time of the modification of this TIF Plan. This TIF Plan is expected to achieve many of the objectives outlined in the Development Program for Development District No. 4. The activities contemplated in the Modification to the Development Program and the TIF Plan do not preclude the undertaking of other qualified development or redevelopment activities. These activities are anticipated to occur over the life of Development District No. 4 and the District. City of Hutchinson Tax Increment Financing Plan for Tax Increment Financing District No. 4-16 2-1 Subsection 2-4. Development Program Overview 1. Property to be Acquired - Selected property located within the District may be acquired by the City and is further described in this TIF Plan. 2. Relocation - Relocation services, to the extent required by law, are available pursuant to M.S. Chapter 117 and other relevant state and federal laws. 3. Upon approval of a developer's plan relating to the project and completion of the necessary legal requirements, the City may sell to a developer selected properties that it may acquire within the District or may lease land or facilities to a developer. 4. The City may perform or provide for some or all necessary acquisition, construction, relocation, demolition, and required utilities and public street work within the District. Subsection 2-5. Description of Property in the District and Property To Be Acquired The District encompasses all property and adjacent rights -of -way and abutting roadways identified by the parcels listed in Appendix C of this TIF Plan. Please also see the map in Appendix B for further information on the location of the District. The City may acquire any parcel within the District including interior and adjacent street rights of way. Any properties identified for acquisition will be acquired by the City only in order to accomplish one or more of the following: storm sewer improvements; provide land for needed public streets, utilities and facilities; carry out land acquisition, site improvements, clearance and/or development to accomplish the uses and objectives set forth in this plan. The City may acquire property by gift, dedication, condemnation or direct purchase from willing sellers in order to achieve the objectives of this TIF Plan. Such acquisitions will be undertaken only when there is assurance of funding to finance the acquisition and related costs. Subsection 2-6. Classification of the District The City, in determining the need to create a tax increment financing district in accordance with M.S., Sections 469.174 to 469.1794, as amended, inclusive, finds that the District, to be established, is a redevelopment district pursuant to M.S., Section 469.174, Subd. I0(a)(1) as defined below: (a) "Redevelopment district" means a type of tax increment financing district consisting of a project, or portions of a project, within which the authority finds by resolution that one or more of the following conditions, reasonably distributed throughout the district, exists: (1) parcels consisting of 70 percent of the area in the district are occupied by buildings, streets, utilities, paved or gravel parking lots or other similar structures and more than 50 percent of the buildings, not including outbuildings, are structurally substandard to a degree requiring substantial renovation or clearance; (2) The property consists of vacant, unused, underused, inappropriately used, or infrequently used rail yards, rail storage facilities or excessive or vacated railroad rights -of -way; (3) tank facilities, or property whose immediately previous use was for tank facilities, as defined in Section 11 SC, Subd. 15, if the tank facility: (i) have or had a capacity of more than one million gallons; City of Hutchinson Tax Increment Financing Plan for Tax Increment Financing District No. 4-16 2-2 (ii) are located adjacent to rail facilities; or (iii) have been removed, or are unused, underused, inappropriately used or infrequently used; or (4) a qualifying disaster area, as defined in Subd. IOb. (b) For purposes of this subdivision, "structurally substandard" shall mean containing defects in structural elements or a combination of deficiencies in essential utilities and facilities, light and ventilation, fire protection including adequate egress, layout and condition of interior partitions, or similar factors, which defects or deficiencies are of sufficient total significance to justify substantial renovation or clearance. (c) A building is not structurally substandard if it is in compliance with the building code applicable to new buildings or could be modified to satisfy the building code at a cost of less than 15 percent of the cost of constructing a new structure of the same square footage and type on the site. The municipality may find that a building is not disqualified as structurally substandard under the preceding sentence on the basis of reasonably available evidence, such as the size, type, and age of the building, the average cost ofplumbing, electrical, or structural repairs or other similar reliable evidence. The municipality may not make such a determination without an interior inspection of the property, but need not have an independent, expert appraisal prepared of the cost of repair and rehabilitation of the building. An interior inspection of the property is not required, if the municipality finds that (1) the municipality or authority is unable to gain access to the property after using its best efforts to obtain permission from the party that owns or controls the property; and (2) the evidence otherwise supports a reasonable conclusion that the building is structurally substandard. (d) A parcel is deemed to be occupied by a structurally substandard building for purposes of the finding under paragraph (a) or by the improvement described in paragraph (e) if all of the following conditions are met: (1) the parcel was occupied by a substandard building or met the requirements ofparagraph (e), as the case may be, within three years of the filing of the request for certification of the parcel as part of the district with the county auditor; (2) the substandard building or the improvements described in paragraph (e) were demolished or removed by the authority or the demolition or removal was financed by the authority or was done by a developer under a development agreement with the authority; (3) the authority found by resolution before the demolition or removal that the parcel was occupied by a structurally substandard building or met the requirement of paragraph (e) and that after demolition and clearance the authority intended to include the parcel within a district; and (4) upon filing the request for certification of the tax capacity of the parcel as part of a district, the authority notifies the county auditor that the original tax capacity of the parcel must be adjusted as provided by § 469.177, subdivision ],paragraph 69. (e) Forpurposes of this subdivision, a parcel is not occupied by buildings, streets, utilities, paved or gravel parking lots or other similar structures unless 15 percent of the area of the parcel contains buildings, streets, utilities, paved or gravel parking lots or other similar structures. 69 For districts consisting of two or more noncontiguous areas, each area must qualify as a redevelopment district under paragraph (a) to be included in the district, and the entire area of the district must satisfy paragraph (a). City of Hutchinson Tax Increment Financing Plan for Tax Increment Financing District No. 4-16 2-3 hi meeting the statutory criteria the City relies on the following facts and findings: • The District is a redevelopment district consisting of one parcel. • An inventory shows that more than 15 percent of the parcel is occupied by buildings, streets, utilities, paved or gravel parking lots or other similar structures. • An inspection of the sole building located within the District finds that the building is structurally substandard as defined in the TIF Act. (See Appendix F). (As Modifed December 8, 2020) hi meeting the statutory criteria the City relies on the following facts and findings for the expansion portion of the District: • The expanded District is a redevelopment district consisting of one additional parcel. • An inventory shows that more than 15 percent of the parcel is occupied by buildings, streets, utilities, paved or gravel parking lots or other similar structures. • An inspection of the sole building located within the District finds that the building is structurally substandard as defined in the TIF Act. (See Appendix F). Pursuant to M.S., Section 469.176, Subd. 7, the District does not contain any parcel or part of a parcel that qualified under the provisions ofM.S., Sections 273.111, 273.112, or 273.114 or Chapter 473H for taxes payable in any of the five calendar years before the filing of the request for certification of the District. Subsection 2-7. Duration and First Year of Tax Increment of the District Pursuant to M.S., Section 469.175, Subd. 1, and Section 469.176, Subd. ],the duration and first year of tax increment of the District must be indicated within the TIF Plan. Pursuant to M.S., Section 469.176, Subd. 1 b., the duration of the District will be 25 years after receipt of the first increment by the City (a total of 26 years of tax increment). The City elects to receive the first tax increment in 2019, which is no later than four years following the year of approval of the District. Thus, it is estimated that the District, including any modifications of the TIF Plan for subsequent phases or other changes, would terminate after 2044, or when the TIF Plan is satisfied. The City reserves the right to decertify the District prior to the legally required date. (As Modified December 8, 2020) Pursuant to M.S., Section 469.175, Subd. 1, and Section 469.176, Subd. 1, the duration and first year of tax increment of the District must be indicated within the TIF Plan. Pursuant to M.S., Section 469.176, Subd. 1 b., the duration of the District will be 25 years after receipt of the first increment by the City (a total of 26 years of tax increment). The City elects to receive the first tax increment in 2019, which is no later than four years following the year of approval of the District. No increment has been received as of 2020. First increment is expected to be received in 2023. Thus, it is estimated that the District, including any additional modifications of the TIF Plan for subsequent phases or other changes, would terminate after 2048, or when the TIF Plan is satisfied. The City reserves the right to decertify the District prior to the legally required date. Subsection 2-8. Original Tax Capacity, Tax Rate and Estimated Captured Net Tax Capacity Value/Increment and Notification of Prior Planned Improvements Pursuant to M.S., Section 469.174, Subd. 7 and M.S., Section 469.177, Subd. 1, the Original Net Tax Capacity (ONTC) as certified for the District will be based on the market values placed on the property by the assessor in 2015 for taxes payable 2016. City of Hutchinson Tax Increment Financing Plan for Tax Increment Financing District No. 4-16 2-4 Pursuant to M.S., Section 469.177, Subds. 1 and 2, the County Auditor shall certify in each year (beginning in the payment year 2019) the amount by which the original value has increased or decreased as a result of: 1. Change in tax exempt status of property; 2. Reduction or enlargement of the geographic boundaries of the district; 3. Change due to adjustments, negotiated or court -ordered abatements; 4. Change in the use of the property and classification; 5. Change in state law governing class rates; or 6. Change in previously issued building permits. In any year in which the current Net Tax Capacity (NTC) value of the District declines below the ONTC, no value will be captured and no tax increment will be payable to the City. The original local tax rate for the District will be the local tax rate for taxes payable 2016, assuming the request for certification is made before June 30, 2016. The ONTC and the Original Local Tax Rate for the District appear in the table below. Pursuant to M.S., Section 469.174 Subd. 4 and M.S., Section 469.177, Subd. 1, 2, and 4, the estimated Captured Net Tax Capacity (CTC) of the District, within Development District No. 4, upon completion of the projects within the District, will annually approximate tax increment revenues as shown in the table on the following page. The City requests 100 percent of the available increase in tax capacity for repayment of its obligations and current expenditures, beginning in the tax year payable 2019. The Project Tax Capacity (PTC) listed is an estimate of values when the projects within the District are completed. Project Estimated Tax Capacity upon Completion (PTC) $63,965 Original Estimated Net Tax Capacity (ONTO) $8,372 Estimated Captured Tax Capacity (CTC) $55,593 Original Local Tax Rate 155.990% Estimated Pay 2016 Estimated Annual Tax Increment (CTC x Local Tax Rate) $86,720 Percent Retained by the City 100% Tax capacity includes a 3% inflation factor for the duration of the District. The tax capacity included in this chart is the estimated tax capacity of the District in year 25. The tax capacity of the District in year one is estimated to be $30,550. Pursuant to M.S., Section 469.177, Subd. 4, the City shall, after a due and diligent search, accompany its request for certification to the County Auditor or its notice of the District enlargement pursuant to M.S., Section 469.175, Subd. 4, with a listing of all properties within the District or area of enlargement for which building permits have been issued during the eighteen (18) months immediately preceding approval of the TIF Plan by the municipality pursuant to M.S., Section 469.175, Subd. 3. The County Auditor shall increase the original net tax capacity of the District by the net tax capacity of improvements for which a building permit was issued. The City has reviewed the area to be included in the District and found no parcels for which building permits have been issued during the 18 months immediately preceding approval of the TIF Plan by the City. City of Hutchinson Tax Increment Financing Plan for Tax Increment Financing District No. 4-16 2-5 (As Modified December 8, 2020) The original local tax rate for the expansion of the District will be the local tax rate for taxes payable 2021, assuming the request for certification is made before June 30, 2021. The ONTC and the Original Local Tax Rate for the District appear in the table below are for taxes payable in 2020 as that is the most recent rate available at the time of the preparation of this modification. Pursuant to M.S., Section 469.174 Subd. 4 and M.S., Section 469.177, Subd. 1, 2, and 4, the estimated Captured Net Tax Capacity (CTC) of the District, within Development District No. 4, upon completion of the projects within the District, will annually approximate tax increment revenues as shown in the table on the following page. The City requests 100 percent of the available increase in tax capacity for repayment of its obligations and current expenditures, beginning in the tax year payable 2023. The Proj ect Tax Capacity (PTC) listed is an estimate of values when the projects within the District are completed. Project Estimated Tax Capacity upon Completion (PTC) $63,965 Original Estimated Net Tax Capacity (ONTO) $8,372 Estimated Captured Tax Capacity (CTC) $55,593 Original Local Tax Rate 164.147% Pay 2020 Estimated Annual Tax Increment (CTC x Local Tax Rate) $91,254 Percent Retained by the City 100% Tax capacity includes a 3% inflation factor for the duration of the District. The tax capacity included in this chart is the estimated tax capacity of the District in year 25. The tax capacity of the District in year one is estimated to be $51750. Pursuant to M.S., Section 469.177, Subd. 4, the City shall, after a due and diligent search, accompany its request for certification to the County Auditor or its notice of the District enlargement pursuant to M.S., Section 469.175, Subd. 4, with a listing of all properties within the District or area of enlargement for which building permits have been issued during the eighteen (18) months immediately preceding approval of the TIF Plan by the municipality pursuant to M.S., Section 469.175, Subd. 3. The County Auditor shall increase the original net tax capacity of the District by the net tax capacity of improvements for which a building permit was issued. The City has reviewed the area to be included in the District and found no parcels for which building permits have been issued during the 18 months immediately preceding approval of the TIF Plan by the City. Subsection 2-9. Sources of Revenue/Bonds to be Issued The costs outlined in the Uses of Funds will be financed primarily through the annual collection of tax increments. The City reserves the right to incur bonds or other indebtedness as a result of the TIF Plan. As presently proposed, the projects within the District will be financed by a and interfund loan, pay -as -you go or a combination of both. Any refunding amounts will be deemed a budgeted cost without a formal TIF Plan Modification. This provision does not obligate the City to incur debt. The City will issue bonds or incur other debt only upon the determination that such action is in the best interest of the City. City of Hutchinson Tax Increment Financing Plan for Tax Increment Financing District No. 4-16 2-6 The total estimated tax increment revenues for the District are shown in the table below: SOURCES OF FUNDS TOTAL Tax Increment $1,400,000 Land Sale Proceeds $1 Interest $139,999 TOTAL $1,540,000 The City may issue bonds (as defined in the TIF Act) secured in whole or in part with tax increments from the District in a maximum principal amount of $984,326. Such bonds may be in the form of pay-as-you-go notes, revenue bonds or notes, general obligation bonds, or interfund loans. This estimate of total bonded indebtedness is a cumulative statement of authority under this TIF Plan as of the date of approval. (As Modified December 8, 2020) The total estimated tax increment revenues for the District are shown in the table below: SOURCES OF FUNDS TOTAL Tax Increment $4,525,000 Land Sale Proceeds $1 Interest $578,499 TOTAL $5,103,500 The City may issue bonds (as defined in the TIF Act) secured in whole or in part with tax increments from the District in a maximum principal amount of $3,403,500. Such bonds may be in the form of pay-as-you-go notes, revenue bonds or notes, general obligation bonds, or interfund loans. This estimate of total bonded indebtedness is a cumulative statement of authority under this TIF Plan as of the date of approval. Subsection 2-10. Uses of Funds Currently under consideration for the District is a proposal to enable the EDA and City to acquire property and prepare the site for future development. The City has determined that it will be necessary to provide assistance to the project(s) for certain District costs, as described. The City has studied the feasibility of the development or redevelopment of property in and around the District. To facilitate the establishment and development or redevelopment of the District, this TIF Plan authorizes the use of tax increment financing to pay for the cost of certain eligible expenses. The estimate of public costs and uses of funds associated with the District is outlined in the following table. City of Hutchinson Tax Increment Financing Plan for Tax Increment Financing District No. 4-16 2-7 USES OF TAX INCREMENT FUNDS TOTAL Land/Building Acquisition $225,000 Site Improvements/Preparation $284,000 Other Qualifying Improvements $335,326 Administrative Costs (up to 10%) $140,000 PROJECT COST TOTAL $984,326 Interest 555 674 PROJECT AND INTEREST COSTS TOTAL $1,540,000 (As Modified December 8, 2020) Currently under consideration for the District is a proposal to enable the EDA and City to acquire property and prepare the site for future development. The City has determined that it will be necessary to provide assistance to the project(s) for certain District costs, as described. The City has studied the feasibility of the development or redevelopment of property in and around the District. To facilitate the establishment and development or redevelopment of the District, this TIF Plan authorizes the use of tax increment financing to pay for the cost of certain eligible expenses. The estimate of public costs and uses of funds associated with the District is outlined in the following table. USES OF TAX INCREMENT FUNDS TOTAL Land/Building Acquisition $650,000 Site Improvements/Preparation $750,000 Other Qualifying Improvements $1,551,000 Administrative Costs (up to 10%) $452,500 PROJECT COST TOTAL $3,403,500 Interest $1,700,000 PROJECT AND INTEREST COSTS TOTAL $5,103,500 The total project cost, including financing costs (interest) listed in the table above does not exceed the total projected tax increments for the District as shown in Subsection 2-9. Estimated costs associated with the District are subject to change among categories without a modification to this TIF Plan. The cost of all activities to be considered for tax increment financing will not exceed, without formal modification, the budget above pursuant to the applicable statutory requirements. Pursuant to M. S., Section 469.1763, Subd. 2, no more than 25 percent of the tax increment paid by property within the District will be spent on activities related to development or redevelopment outside of the District but within the boundaries of Development District No. 4, (including administrative costs, which are considered to be spent outside of the District) subject to the limitations as described in this TIF Plan. City of Hutchinson Tax Increment Financing Plan for Tax Increment Financing District No. 4-16 2-8 Subsection 2-11. Business Subsidies Pursuant to M.S., Section 116J.993, Subd. 3, the following forms of financial assistance are not considered a business subsidy: (1) A business subsidy of less than $150,000; (2) Assistance that is generally available to all businesses or to a general class of similar businesses, such as a line of business, size, location, or similar general criteria; (3) Public improvements to buildings or lands owned by the state or local government that serve a public purpose and do not principally benefit a single business or defined group of businesses at the time the improvements are made; (4) Redevelopment property polluted by contaminants as defined in M.S., Section 116J.552, Subd. 3; (5) Assistance provided for the sole purpose of renovating old or decaying building stock or bringing it up to code and assistance provided for designated historic preservation districts, provided that the assistance is equal to or less than 50% of the total cost; (6) Assistance to provide job readiness and training services if the sole purpose of the assistance is to provide those services; (7) Assistance for housing; (8) Assistance for pollution control or abatement, including assistance for a tax increment financing hazardous substance subdistrict as defined under M.S., Section 469.174, Subd. 23; (9) Assistance for energy conservation; (10) Tax reductions resulting from conformity with federal tax law; (11) Workers' compensation and unemployment compensation; (12) Benefits derived from regulation; (13) Indirect benefits derived from assistance to educational institutions; (14) Funds from bonds allocated under chapter 474A, bonds issued to refund outstanding bonds, and bonds issued for the benefit of an organization described in section 501 (c) (3) of the Internal Revenue Code of 1986, as amended through December 31, 1999; (15) Assistance for a collaboration between a Minnesota higher education institution and a business; (16) Assistance for a tax increment financing soils condition district as defined under M.S., Section 469.174, Subd. 19; (17) Redevelopment when the recipient's investment in the purchase of the site and in site preparation is 70 percent or more of the assessor's current year's estimated market value; (18) General changes in tax increment financing law and other general tax law changes of a principally technical nature; (19) Federal assistance until the assistance has been repaid to, and reinvested by, the state or local government agency; (20) Funds from dock and wharf bonds issued by a seaway port authority; (21) Business loans and loan guarantees of $150,000 or less; (22) Federal loan funds provided through the United States Department of Commerce, Economic Development Administration; and (23) Property tax abatements granted underM.S., Section 469.1813 to property that is subject to valuation under Minnesota Rules, chapter 8100. The City will comply with M.S., Sections 116J.993 to 116J.995 to the extent the tax increment assistance under this TIF Plan does not fall under any of the above exemptions. City of Hutchinson Tax Increment Financing Plan for Tax Increment Financing District No. 4-16 2-9 Subsection 2-12. County Road Costs Pursuant to M.S., Section 469.175, Subd. 1 a, the county board may require the City to pay for all or part of the cost of county road improvements if the proposed development to be assisted by tax increment will, in the judgment of the county, substantially increase the use of county roads requiring construction of road improvements or other road costs and if the road improvements are not scheduled within the next five years under a capital improvement plan or within five years under another county plan. If the county elects to use increments to improve county roads, it must notify the City within forty-five days of receipt of this TIF Plan. In the opinion of the City and consultants, the proposed development outlined in this TIF Plan will have little or no impact upon county roads, therefore the TIF Plan was not forwarded to the county 45 days prior to the public hearing. The City is aware that the county could claim that tax increment should be used for county roads, even after the public hearing. Subsection 2-13. Estimated Impact on Other Taxing Jurisdictions The estimated impact on other taxing jurisdictions assumes that the redevelopment contemplated by the TIF Plan would occur without the creation of the District. However, the City has determined that such development or redevelopment would not occur "but for" tax increment financing and that, therefore, the fiscal impact on other taxing jurisdictions is $0. The estimated fiscal impact of the District would be as follows if the "but for" test was not met: IMPACT ON TAX BASE Estimated 2015/Pay 2016 Estimated Captured Total Net Tax Capacity (CTC) Percent of CTC Tax Capacity Upon Completion to Entity Total McLeod County 35,498,296 55,593 0.1566% City of Hutchinson 8,908,926 55,593 0.6240% Hutchinson ISD No. 423 14,965,582 55,593 0.3715% IMPACT ON TAX RATES Estimated Pay 2016 Percent Potential Extension Rates of Total CTC Taxes McLeod County 0.509340 34.86% 55,593 28,316 City of Hutchinson 0.744170 50.94% 55,593 41,371 Hutchinson ISD No. 423 0.173390 11.87% 55,593 9,639 Other 0.034050 2.33% 55,593 1,893 Total 1.460950 100.00% 81,219 The estimates listed above display the captured tax capacity when all construction is completed. The tax rate used for calculations is the estimated Pay 2016 rate. The total net capacity for the entities listed above are based on actual Pay 2015 figures. The District will be certified under the actual Pay 2016 rates and figures, which were unavailable at the time this TIF Plan was prepared. City of Hutchinson Tax Increment Financing Plan for Tax Increment Financing District No. 4-16 2-10 Pursuant to M.S. Section 469.175 Subd. 2(b): (1) Estimate of total tax increment. It is estimated that the total amount of tax increment that will be generated over the life of the District is $1,400,000; (2) Probable impact of the District on city provided services and ability to issue debt. An impact of the District on police protection is not expected. The City Police Department does track all calls for service including property -type calls and crimes. With any addition of new residents or businesses, police calls for service will be increased. New developments add an increase in traffic, and additional overall demands to the call load. The City does not expect that the proposed development, in and of itself, will necessitate new capital investment. The probable impact of the District on fire protection is not expected to be significant. Typically new buildings generate few calls, if any, and are of superior construction. The existing building, which will be eliminated by the new development, is blighted and not maintained. The impact of the District on public infrastructure is expected to be minimal. The development is not expected to significantly impact any traffic movements in the area. The current infrastructure for sanitary sewer, storm sewer and water will be able to handle the additional volume generated from the proposed development. Based on the development plans, there are no additional costs associated with street maintenance, sweeping, plowing, lighting and sidewalks. The development in the District is expected to contribute to sanitary sewer (SAC) and water (WAC) connection fees, however the exact amount is unknown at this time. It is not anticipated that there will be any general obligation debt issued in relation to this project, therefore there will be no impact on the City's ability to issue future debt or on the City's debt limit. (3) Estimated amount of tax increment attributable to school district levies. It is estimated that the amount of tax increments over the life of the District that would be attributable to school district levies, assuming the school district's share of the total local tax rate for all taxing jurisdictions remained the same, is $166,180; (4) Estimated amount of tax increment attributable to county levies. It is estimated that the amount of tax increments over the life of the District that would be attributable to county levies, assuming the county's share of the total local tax rate for all taxing jurisdictions remained the same, is $488,040; (5) Additional information requested by the county or school district. The City is not aware of any standard questions in a county or school district written policy regarding tax increment districts and impact on county or school district services. The county or school district must request additional information pursuant to M.S. Section 469.175 Subd. 2(b) within 15 days after receipt of the tax increment financing plan. No requests for additional information from the county or school district regarding the proposed development for the District have been received. (As Modified December 8, 2020) The estimated impact on other taxing jurisdictions assumes that the redevelopment contemplated by the TIF Plan would occur without the creation of the District. However, the City has determined that such development or redevelopment would not occur "but for" tax increment financing and that, therefore, the fiscal impact on other taxing jurisdictions is $0. The estimated fiscal impact of the District would be as follows if the "but for" test was not met: City of Hutchinson Tax Increment Financing Plan for Tax Increment Financing District No. 4-16 2-11 IMPACT ON TAX BASE Estimated 2019/Pay 2020 Estimated Captured Total Net Tax Capacity (CTC) Percent of CTC Tax Capacity Upon Completion to Entity Total McLeod County 40,577,603 161,696 0.3985% City of Hutchinson 11,220,809 161,696 1.4410% Hutchinson ISD No. 423 18,536,711 161,696 0.8723% IMPACT ON TAX RATES Estimated Pay 2020 Percent Potential Extension Rates of Total CTC Taxes McLeod County 0.598090 36.44% 161,696 96,709 City of Hutchinson 0.664730 40.50% 161,696 107,484 Hutchinson ISD No. 423 0.342530 20.87% 161,696 55,386 Other 0.036120 2.20% 161,696 5,840 Total 1.641470 100.00% 265,419 The estimates listed above display the captured tax capacity when all construction is completed for both the original and the expansion project combined. The tax rate used for calculations is the final Pay 2020 rate. The total net capacity for the entities listed above are based on actual Pay 2020 figures. The expansion of the District will be certified under the actual Pay 2021 rates and figures, which were unavailable at the time this TIF Plan modification was prepared. Pursuant to M.S. Section 469.175 Subd. 2(b): (1) Estimate of total tax increment. It is estimated that the total amount of tax increment that will be generated over the life of the District is $5,103,500; (2) Probable impact of the District on city provided services and ability to issue debt. An impact of the District on police protection is not expected. The City Police Department does track all calls for service including property -type calls and crimes. With any addition of new residents or businesses, police calls for service will be increased. New developments add an increase in traffic, and additional overall demands to the call load. The City does not expect that the proposed development, in and of itself, will necessitate new capital investment. The probable impact of the District on fire protection is not expected to be significant. Typically new buildings generate few calls, if any, and are of superior construction. The existing building, which will be eliminated by the new development, is blighted and not maintained. City of Hutchinson Tax Increment Financing Plan for Tax Increment Financing District No. 4-16 2-12 The impact of the District on public infrastructure is expected to be minimal. The development is not expected to significantly impact any traffic movements in the area. The current infrastructure for sanitary sewer, storm sewer and water will be able to handle the additional volume generated from the proposed development. Based on the development plans, there are no additional costs associated with street maintenance, sweeping, plowing, lighting and sidewalks. The development in the District is expected to contribute $62,775 to sanitary sewer (SAC) and water (WAC) connection fees. It is not anticipated that there will be any general obligation debt issued in relation to this project, therefore there will be no impact on the City's ability to issue future debt or on the City's debt limit. (3) Estimated amount of tax increment attributable to school district levies. It is estimated that the amount of tax increments over the life of the District that would be attributable to school district levies, assuming the school district's share of the total local tax rate for all taxing jurisdictions remained the same, is $166,180; (4) Estimated amount of tax increment attributable to county levies. It is estimated that the amount of tax increments over the life of the District that would be attributable to county levies, assuming the county's share of the total local tax rate for all taxing jurisdictions remained the same, is $488,040; (5) Additional information requested by the county or school district. The City is not aware of any standard questions in a county or school district written policy regarding tax increment districts and impact on county or school district services. The county or school district must request additional information pursuant to M. S. Section 469.175 Subd. 2(b) within 15 days after receipt of the tax increment financing plan. No requests for additional information from the county or school district regarding the proposed development for the District have been received. Subsection 2-14. Supporting Documentation Pursuant to M.S. Section 469.175, Subd. 1 (a), clause 7 the TIF Plan must contain identification and description of studies and analyses used to make the determination set forth in M.S. Section 469.175, Subd. 3, clause (b)(2) and the findings are required in the resolution approving the District. Following is a list of reports and studies on file at the City that support the City's findings: Redevelopment Tax Increment Financing District Eligibility Study: "Old Medical Clinic". Imagine Hutchinson Downtown Vision and Action Plan. Levee Area Walkway Alternatives. Subsection 2-15. Definition of Tax Increment Revenues Pursuant to M.S., Section 469.174, Subd. 25, tax increment revenues derived from a tax increment financing district include all of the following potential revenue sources: 1. Taxes paid by the captured net tax capacity, but excluding any excess taxes, as computed under M. S., Section 469.177; 2. The proceeds from the sale or lease of property, tangible or intangible, to the extent the property was purchased by the authority with tax increments; 3. Principal and interest received on loans or other advances made by the authority with tax increments; 4. Interest or other investment earnings on or from tax increments; 5. Repayments or return of tax increments made to the Authority under agreements for districts for which the request for certification was made after August 1, 1993; and 6. The market value homestead credit paid to the Authority under M.S., Section 273.1384. City of Hutchinson Tax Increment Financing Plan for Tax Increment Financing District No. 4-16 2-13 Subsection 2-16. Modifications to the District hi accordance with M.S., Section 469.175, Subd. 4, any: 1. Reduction or enlargement of the geographic area of the District, if the reduction does not meet the requirements of M.S., Section 469.175, Subd. 4(e); 2. Increase in amount of bonded indebtedness to be incurred; 3. A determination to capitalize interest on debt if that determination was not a part of the original TIF Plan; 4. Increase in the portion of the captured net tax capacity to be retained by the City; 5. Increase in the estimate of the cost of the District, including administrative expenses, that will be paid or financed with tax increment from the District; or 6. Designation of additional property to be acquired by the City, shall be approved upon the notice and after the discussion, public hearing and findings required for approval of the original TIF Plan. Pursuant to M.S. Section 469.175 Subd. 469, the geographic area of the District may be reduced, but shall not be enlarged after five years following the date of certification of the original net tax capacity by the county auditor. If a redevelopment district is enlarged, the reasons and supporting facts for the determination that the addition to the district meets the criteria of M.S., Section 469.174, Subd. 10, must be documented in writing and retained. The requirements of this paragraph do not apply if (1) the only modification is elimination of parcel(s) from the District and (2)(A) the current net tax capacity of the parcel(s) eliminated from the District equals or exceeds the net tax capacity of those parcel(s) in the District's original net tax capacity or (B) the City agrees that, notwithstanding M.S., Section 469.177, Subd. 1, the original net tax capacity will be reduced by no more than the current net tax capacity of the parcel(s) eliminated from the District. The City must notify the County Auditor of any modification to the District. Modifications to the District in the form of a budget modification or an expansion of the boundaries will be recorded in the TIF Plan. Subsection 2-17. Administrative Expenses In accordance withM.S., Section 469.174, Subd.14, administrative expenses means all expenditures ofthe City, other than: 1. Amounts paid for the purchase of land; 2. Amounts paid to contractors or others providing materials and services, including architectural and engineering services, directly connected with the physical development of the real property in the District; 3. Relocation benefits paid to or services provided for persons residing or businesses located in the District; 4. Amounts used to pay principal or interest on, fund a reserve for, or sell at a discount bonds issued pursuant to M.S., Section 469.178; or 5. Amounts used to pay other financial obligations to the extent those obligations were used to finance costs described in clauses (1) to (3). For districts for which the request for certification were made before August 1, 1979, or after June 30, 1982, and before August 1, 2001, administrative expenses also include amounts paid for services provided by bond counsel, fiscal consultants, and planning or economic development consultants. Pursuant to M.S., Section 469.176, Subd. 3, tax increment may be used to pay any authorized and documented administrative expenses for the District up to but not to exceed 10 percent of the total estimated tax increment expenditures authorized by the TIF Plan or the total tax increments, as defined by M.S., Section 469.174, Subd. 25, clause (1), from the District, whichever is less. City of Hutchinson Tax Increment Financing Plan for Tax Increment Financing District No. 4-16 2-14 For districts for which certification was requested after July 31, 2001, no tax increment may be used to pay any administrative expenses for District costs which exceed ten percent of total estimated tax increment expenditures authorized by the TIF Plan or the total tax increments, as defined in M.S., Section 469.174, Subd. 25, clause (1), from the District, whichever is less. Pursuant to M. S., Section 469.176, Subd. 4h, tax increments maybe used to pay for the County's actual administrative expenses incurred in connection with the District and are not subject to the percentage limits of M.S., Section 469.176, Subd. 3. The county may require payment of those expenses by February 15 of the year following the year the expenses were incurred. Pursuant to M.S., Section 469. 177, Subd. 11, the County Treasurer shall deduct an amount (currently .36 percent) of any increment distributed to the City and the County Treasurer shall pay the amount deducted to the State Commissioner of Management and Budget for deposit in the state general fund to be appropriated to the State Auditor for the cost of financial reporting of tax increment financing information and the cost of examining and auditing authorities' use of tax increment financing. This amount maybe adjusted annually by the Commissioner of Revenue. Subsection 2-18. Limitation of Increment The tax increment pledged to the payment of bonds and interest thereon may be discharged and the District may be terminated if sufficient funds have been irrevocably deposited in the debt service fund or other escrow account held in trust for all outstanding bonds to provide for the payment of the bonds at maturity or redemption date. Pursuant to M.S., Section 469.176, Subd. 6: if, after fouryears from the date of certification of the original net tax capacity of the tax increment financing districtpursuant to M.S., Section 469.177, no demolition, rehabilitation or renovation of property or other site preparation, including qualified improvement of a street adjacent to a parcel but not installation of utility service including sewer or water systems, has been commenced on a parcel located within a tax increment financing district by the authority or by the owner of the parcel in accordance with the tax increment financing plan, no additional tax increment may be taken from that parcel, and the original net tax capacity of that parcel shall be excluded from the original net tax capacity of the tax increment financing district. If the authority or the owner of the parcel subsequently commences demolition, rehabilitation or renovation or other site preparation on that parcel including qualified improvement of a street adjacent to that parcel, in accordance with the tax increment financing plan, the authority shall certify to the county auditor that the activity has commenced and the county auditor shall certify the net tax capacity thereof as most recently certified by the commissioner of revenue and add it to the original net tax capacity of the tax increment financing district. The county auditor must enforce theprovisions of this subdivision. The authority must submit to the county auditor evidence that the required activity has taken place for each parcel in the district. The evidence for a parcel must be submitted by February I of the fifth year following the year in which the parcel was certified as included in the district. For purposes of this subdivision, qualified improvements of a street are limited to (1) construction or opening of a new street, (2) relocation of a street, and (3) substantial reconstruction or rebuilding ofan existing street. The City or a property owner must improve parcels within the District by approximately February 2020 and report such actions to the County Auditor. City of Hutchinson Tax Increment Financing Plan for Tax Increment Financing District No. 4-16 2-15 Subsection 2-19. Use of Tax Increment The City hereby determines that it will use 100 percent of the captured net tax capacity of taxable property located in the District for the following purposes: 1. To pay the principal of and interest on bonds issued to finance a project; 2. To finance, or otherwise pay the capital and administration costs of Development District No. 4 pursuant to M.S., Sections 469.124 to 469.133; 3. To pay for project costs as identified in the budget set forth in the TIF Plan; 4. To finance, or otherwise pay for other purposes as provided in M.S., Section 469.176, Subd. 4; 5. To pay principal and interest on any loans, advances or other payments made to or on behalf of the City or for the benefit of Development District No. 4 by a developer; 6. To finance or otherwise pay premiums and other costs for insurance or other security guaranteeing the payment when due of principal of and interest on bonds pursuant to the TIF Plan or pursuant to M.S., Chapter 462C. M.S., Sections 469.152 through 469.165, and/or M.S., Sections 469.178; and 7. To accumulate or maintain a reserve securing the payment when due of the principal and interest on the tax increment bonds or bonds issued pursuant to M.S., Chapter 462C, M.S., Sections 469.152 through 469.165, and/or M.S., Sections 469.178. These revenues shall not be used to circumvent any levy limitations applicable to the City nor for other purposes prohibited by M.S., Section 469.176, Subd. 4. Tax increments generated in the District will be paid by McLeod County to the City for the Tax Increment Fund of said District. The City will pay to the developer(s) annually an amount not to exceed an amount as specified in a developer's agreement to reimburse the costs of land acquisition, public improvements, demolition and relocation, site preparation, and administration. Remaining increment funds will be used for City administration (up to 10 percent) and for the costs of public improvement activities outside the District. Subsection 2-20. Excess Increments Excess increments, as defined in M.S., Section 469.176, Subd. 2, shall be used only to do one or more of the following: 1. Prepay any outstanding bonds; 2. Discharge the pledge of tax increment for any outstanding bonds; 3. Pay into an escrow account dedicated to the payment of any outstanding bonds; or 4. Return the excess to the County Auditor for redistribution to the respective taxing jurisdictions in proportion to their local tax rates. The City must spend or return the excess increments under M.S., Section 469.176, Subd. 2, paragraph (c) within nine months after the end of the year. In addition, the City may, subject to the limitations set forth herein, choose to modify the TIF Plan in order to finance additional public costs in Development District No. 4 or the District. Subsection 2-21. Requirements for Agreements with the Developer The City will review any proposal for private development to determine its conformance with the Development Program and with applicable municipal ordinances and codes. To facilitate this effort, the following documents may be requested for review and approval: site plan, construction, mechanical, and electrical system drawings, landscaping plan, grading and storm drainage plan, signage system plan, and any other drawings or narrative deemed necessary by the City to demonstrate the conformance of the development with City plans and ordinances. The City may also use the Agreements to address other issues related to the development. City of Hutchinson Tax Increment Financing Plan for Tax Increment Financing District No. 4-16 2-16 Pursuant to M.S., Section 469.176, Subd. 5, no more than 25 percent, by acreage, of the property to be acquired in the District as set forth in the TIF Plan shall at any time be owned by the City as a result of acquisition with the proceeds of bonds issued pursuant to M.S., Section 469.178 to which tax increments from property acquired is pledged, unless prior to acquisition in excess of 25 percent of the acreage, the City concluded an agreement for the development or redevelopment of the property acquired and which provides recourse for the City should the development or redevelopment not be completed. Subsection 2-22. Assessment Agreements Pursuant to M. S., Section 469.177, Subd. 8, the City may enter into a written assessment agreement in recordable form with the developer of property within the District which establishes a minimum market value of the land and completed improvements for the duration of the District. The assessment agreement shall be presented to the County Assessor who shall review the plans and specifications for the improvements to be constructed, review the market value previously assigned to the land upon which the improvements are to be constructed and, so long as the minimum market value contained in the assessment agreement appears, in the judgment of the assessor, to be a reasonable estimate, the County Assessor shall also certify the minimum assessment agreement. Subsection 2-23. Administration of the District Administration of the District will be handled by the City Administrator. Subsection 2-24. Annual Disclosure Requirements Pursuant to M.S., Section 469.175, Subds. 5, 6, and 6b the City must undertake financial reporting for all tax increment financing districts to the Office of the State Auditor, County Board and County Auditor on or before August 1 of each year. M.S., Section 469.175, Subd. 5 also provides that an annual statement shall be published in a newspaper of general circulation in the City on or before August 15. If the City fails to make a disclosure or submit a report containing the information required by M.S., Section 469.175 Subd. 5 and Subd. 6, the Office of the State Auditor will direct the County Auditor to withhold the distribution of tax increment from the District. Subsection 2-25. Reasonable Expectations As required by the TIF Act, in establishing the District, the determination has been made that the anticipated development would not reasonably be expected to occur solely through private investment within the reasonably foreseeable future and that the increased market value of the site that could reasonably be expected to occur without the use of tax increment financing would be less than the increase in the market value estimated to result from the proposed development after subtracting the present value of the projected tax increments for the maximum duration of the District permitted by the TIF Plan. In making said determination, reliance has been placed upon City staff awareness of the feasibility of developing the project site(s) within the District. A comparative analysis of estimated market values both with and without establishment of the District and the use of tax increments has been performed as described above. Such analysis is included with the cashflow in Appendix D, and indicates that the increase in estimated market value of the proposed development (less the indicated subtractions) exceeds the estimated market value of the site absent the establishment of the District and the use of tax increments. City of Hutchinson Tax Increment Financing Plan for Tax Increment Financing District No. 4-16 2-17 Subsection 2-26.Other Limitations on the Use of Tax Increment General Limitations. All revenue derived from tax increment shall be used in accordance with the TIF Plan. The revenues shall be used to finance, or otherwise pay the capital and administration costs of Development District No. 4 pursuant to M.S., Sections 469.124 to 469.133. Tax increments may not be used to circumvent existing levy limit law. No tax increment may be used for the acquisition, construction, renovation, operation, or maintenance of a building to be used primarily and regularly for conducting the business of a municipality, county, school district, or any other local unit of government or the state or federal government. This provision does not prohibit the use of revenues derived from tax increments for the construction or renovation of a parking structure. 2. Pooling Limitations. At least 75 percent of tax increments from the District must be expended on activities in the District or to pay bonds, to the extent that the proceeds of the bonds were used to finance activities within said district or to pay, or secure payment of, debt service on credit enhanced bonds. Not more than 25 percent of said tax increments may be expended, through a development fund or otherwise, on activities outside of the District except to pay, or secure payment of, debt service on credit enhanced bonds. For purposes of applying this restriction, all administrative expenses must be treated as if they were solely for activities outside of the District. Five Year Limitation on Commitment of Tax Increments. Tax increments derived from the District shall be deemed to have satisfied the 75 percent test set forth in paragraph (2) above only if the five year rule set forth in M.S., Section 469.1763, Subd. 3, has been satisfied; and beginning with the sixth year following certification of the District, 75 percent of said tax increments that remain after expenditures permitted under said five year rule must be used only to pay previously committed expenditures or credit enhanced bonds as more fully set forth in M.S., Section 469.1763, Subd. 5. 4. Redevelopment District. At least 90 percent of the revenues derived from tax increment from a redevelopment district must be used to finance the cost of correcting conditions that allow designation of redevelopment and renewal and renovation districts under M.S., Section 469.176 Subd. 4j. These costs include, but are not limited to, acquiring properties containing structurally substandard buildings or improvements or hazardous substances, pollution, or contaminants, acquiring adjacent parcels necessary to provide a site of sufficient size to permit development, demolition and rehabilitation of structures, clearing of the land, the removal of hazardous substances or remediation necessary for development of the land, and installation of utilities, roads, sidewalks, and parking facilities for the site. The allocated administrative expenses of the City, including the cost of preparation of the development action response plan, may be included in the qualifying costs. Subsection 2-27. Summary The City of Hutchinson is establishing the District to preserve and enhance the tax base, redevelop substandard areas, and provide employment opportunities in the City. The TIF Plan for the District was prepared by Ehlers & Associates, Inc., 3060 Centre Pointe Drive, Roseville, Minnesota 55113, telephone (651) 697-8500. City of Hutchinson Tax Increment Financing Plan for Tax Increment Financing District No. 4-16 2-18 Appendix A Project Description The proposed Tax Increment District project involves acquisition of the property located at I I I Hassen St SE in Hutchinson, by the Economic Development Authority (the "EDA"). In order to prepare the site for new commercial or office development, the EDA will use tax increments generated to pay for costs incurred for demolition and removal of the existing building, site corrections, parking lot maintenance and repair, and the possible addition of a new sidewalk segment. The EDA will issue an interfund loan to Development District No 5, the 1990 Shopko redevelopment tax increment district. The increments received from the proposed District will repay the interfund loan. (As Modified December 8, 2020) In addition to the original proposed project and in order to spur development of that project, the proposed expansion of the Tax Increment District project involves acquisition of the property located across the street at 135 Franklin Street N in Hutchinson, by the Economic Development Authority (the "EDA"). In order to prepare the site for new apartment project development, the EDA will use tax increments generated to pay for costs incurred for demolition and removal of the existing building and site preparation. The EDA issued an interfund loan to Development District No 5, the 1990 Shopko redevelopment tax increment district and will issue an additional interfund loan for up to $150,000 to the Downtown Revolving Loan Fund. The increments received from the modified District will repay the interfund loans. Appendix A-1 Appendix B Map of Development District No. 4 and the District Appendix B_1 TIF District Inset M HuteMi nson 1210962975 1 - I A 1 Tax Increment Financing District No. 4-16 Development District No. 4 City of Hutchinson McLeod County, Minnesota ®M® Ili. �•�; ����� 1= I HE Map of Development District No. 4 and the Expanded District (As Modified on December 8, 2020) Appendix B_2 T1F District Inset Hvtchincon Tr, Tax Increment Financing District No. 4-16 MMMM Development District No. 4 City of Hutchinson McLeod County, Minnesota Appendix C Description of Property to be Included in the District The District encompasses all property and adjacent rights -of -way and abutting roadways identified by the parcel listed below. Parcel Numbers Address Owner 23.056.2880 111 Hassan St SE Applegate Properties LLC (As Modified December 8, 2020) The District encompasses all property and adjacent rights -of -way and abutting roadways identified by the parcel listed below. Parcel Numbers Address Owner 23.056.2880 111 Hassan St SE City of Hutchinson 23.056.3040 135 Franklin St N McLeod Treatment Programs Inc. Appendix C-1 Appendix D Estimated Cash Flow for the District Appendix D-1 WWli . DistrictType: District Name/Number: County District #: First Year Construction or Inflation on Value Existing District - Specify No. Years Remaining Inflation Rate - Every Year: Interest Rate: Present Value Date: First Period Ending Tax Year Distinct was Certified: Cashflow Assumes First Tax Increment For Development: Years of Tax Increment Assumes Last Year of Tax Increment Fiscal Disparities Election [Outside (A), Inside (B), or NA] Incremental or Total Fiscal Disparities Fiscal Disparities Contribution Ratio Fiscal Disparities Metro -Wide Tax Rate Maximum/Frozen Local Tax Rate: Current Local Tax Rate: (Use lesser of Current or Max.) State-wide Tax Rate (Comm./Ind. only used for total taxes) Market Value Tax Rate (Used for total taxes) Base Value Assumptions -Page 1 EHLERS RAPER$ IN PVBIIV rINAN4 TIF District No 4-16 City of Hutchinson Redevelopment Project Redevelopment Tax Rates TIF District No. 4-16 Exempt Class Rate (Exempt) 0.00% 2017 Commercial Industrial Preferred Class Rate (C/I Pref.) First $150,000 1.50% 3.00°/. Over $150,000 2.00% 4.00o/. Commercial Industrial Class Rate (C/1) 2.00% 1-Aug-16 Rental Housing Class Rate (Rental) 1.25% 1-Feb-17 Affordable Rental Housing Class Rate (Aff. Rental) Pay 2016 First $106,000 0.75% 2019 Over $106,000 0.25% 26 Non -Homestead Residential (Non-H Res. 1 Unit) 2044 First $500,000 1.00% NA Over $500,000 1.25% Incremental Homestead Residental Class Rate (Hmstd. Res.) 0.0000% Pay 2016 TNT First $500,000 1.00% 0.0000% Pay 2016 TNT Over $500,000 1.25% 146.095% Pay 2016 TNT Agricultural Non -Homestead 1.00% 146.095% Pay 2016 TNT 49.0000% Pay 2016 TNT 0.19340% Pay 2016 TNT VALUE INFORMATION Capacity)BASE (Original Tax Building Total Percentage Tax Year Property Current Class After Land Market Market Of Value Used Original Original Tax Original After Conversion Area/ lap# PID Owner Address Market Value Value Value for District Market Value Market Value Class Tax Capacity Conversion Ong. Tax Cap. Phase 126 23-056-2880 Applegate Properties 126 Franklin St 364,100 92,000 456,100 100 % 456,100 Pay 2016 C/I Pref. 8,372 C/I Pref. 8,372 456,100 8,372 8,372 Note: 1. Base values are based email from County auditor on 1/11/16. Prepenxi by Ehlers 8 Associates, Inc_ - Estimates Only N W,nnsota\Hutchinson\Housing - Economic - R.d..1opment\TIF\TIF D,Mnct ATIF 416\Fiscal Impl-tons TIF Run 1.17_16.1a Base Value Assumptions -Page 2 EHLERS lEAOERS IN PUV{IL f IMAe�[ TIF District No 4-16 City of Hutchinson Redevelopment Project PROJECTe" e Estimated Taxable Total Taxable Property Percentage Percentage Percentage Percentage First Year Market Value Market Value Total Market Tax Project Project Tax Completed Completed Completed Completed Full Taxes Area/Phase New Use Per Sq. Ft./Unit Per Sq. Ft./Unit Sq. Ft./Units Value Class Tax Capacity Capacity/Unit 2017 2018 2019 2020 Payable Commerical 1,565,000 1,565,000 1 1,565,000 C/I Pref. 30,550 30,550 100% 100% 100% 100% 2019 iubtotal Residential 0 0 0 iubtotal Commercial/Ind. 1 1,565,000 30,550 Note: 1. Market values are based upon estimates from City staff. CALCULATIONSTAX o a Isca oca oca Isca a e-wl a ar e Tax Disparities Tax Property Disparities Property Value Total Taxes Per New Use Ca aci Tax CapcityaCapacity Taxes Taxes Taxes Taxes Taxes S .Ft./Unit Commerical 30,550 0 30,550 1 44,632 0 14,970 3,027 62,628 62.628.23 Jote: 1. Taxes and tax increment will vary signficantly from year to year depending upon values, rates, state law, and other factors which cannot be predicted. WHAT IS EXCLUDED FROM Total ProL s 62,628 Current Market Value -Es[. 456,10essStats (14,970) New MarketValue-Est. 1,565,000 73 lessFisc. 0 DifferenceessMarxes (3,027) Present Value ofTax Increment essBases (12,231) Difference Annual Value likely to occur without Tax Increment is less than: Prepare! by Ehlers 8 Associates, Inc_ - Estimates Only N W,nnsota\Hutchinson\Housing - Economic - Redevelopment\TIF\TIF Districts\TIF 416\Fisca1 Impl-tons TIF Run 1.17_16 xls Tax Increment Cashflow - Page 3 EHLERS uwue•r .0 TIF District No 4-16 City of Hutchinson Redevelopment Project %oF Tax Tax Disparities Tax Tax Gross Tax I Gross Tax Auditor at Net Tax Present I ENDING Tax Payment - - - - 08/01/17 - - - - 02/01/18 - - - - 08/01/18 - - - - 02/01/19 100% 30,550 (8,372) - 22,178 146.095% 32,401 16,200 (58) (1,614) 14,528 12,900 0.5 2019 08/01/19 16,200 (58) (1,614) 14,528 25,548 1 2019 02/01/20 100% 31,467 (8,372) - 23,095 146.095% 33,740 16,870 (61) (1,681) 15,128 38,460 1.5 2020 08/01/20 16,870 (61) (1,681) 15,128 51,118 2 2020 02/01/21 100% 32,410 (8,372) - 24,038 146.095% 35,119 17,560 (63) (1,750) 15,747 64,036 2.5 2021 08/01/21 17,560 (63) (1,750) 15,747 76,701 3 2021 02/01/22 100% 33,383 (8,372) - 25,011 146.095% 36,540 18,270 (66) (1,820) 16,384 89,619 3.5 2022 08/01/22 18,270 (66) (1,820) 16,384 102,284 4 2022 02/01/23 100% 34,384 (8,372) - 26,012 146.095% 38,003 19,00 (68) (1,893) 17,040 115,198 4.5 2023 08/01/23 19,001 (68) (1,893) 17,040 127,859 5 2023 02/01/24 100% 35,416 (8,372) - 27,044 146.095% 39,510 19,755 (71) (1,968) 17,715 140,763 5.5 2024 08/01/24 19,755 (71) (1,968) 17,715 153,415 6 2024 02/01/25 100% 36,478 (8,372) - 28,106 146.095% 41,062 20,531 (74) (2,046) 18,411 166306 6.5 2025 08/01/25 20,531 (74) (2,046) 18,411 178:944 7 2025 02/01/26 100% 37,573 (8,372) - 29,201 146.095% 42,661 21,330 (77) (2,125) 19,128 191,817 7.5 2026 08/01/26 21,330 (77) (2,125) 19,128 204,437 8 2026 02/01/27 100% 38,700 (8,372) - 30,328 146.095% 44,307 22,154 (80) (2,207) 19,867 217,287 8.5 2027 08/01/27 22,154 (80) (2,207) 19,867 229,886 9 2027 02/01/28 100% 39,861 (8,372) - 31,489 146.095% 46,004 23,002 (83) (2,292) 20,627 242,710 9.5 2028 08/01/28 23,002 (83) (2,292) 20,627 255,283 10 2028 02/01/29 100% 41,057 (8,372) - 32,685 146.095% 47,751 23,875 (86) (2,379) 21,410 268,078 10.5 2029 08/01/29 23,875 (86) (2,379) 21,410 280,621 11 2029 02/01/30 100% 42,288 (8,372) - 33,916 146.095% 49,550 24,775 (89) (2,469) 22,217 293,382 11.5 2030 08/01/30 24,775 (89) (2,469) 22,217 305,893 12 2030 02/01/31 100% 43,557 (8,372) - 35,185 146.095% 51,404 25,702 (93) (2,561) 23,048 318,617 12.5 2031 08/01/31 25,702 (93) (2,561) 23,048 331,092 13 2031 02/01/32 100% 44,864 (8,372) - 36,492 146.095% 53,313 26,656 (96) (2,656) 23,904 343,776 13.5 2032 08/01/32 26,656 (96) (2,656) 23,904 356,212 14 2032 02/01/33 100% 46,210 (8,372) - 37,838 146.095% 55,279 27,639 (100) (2,754) 24,786 368,854 14.5 2033 08/01/33 27,639 000) (2,754) 24,786 381,247 15 2033 02/01/34 100% 47,596 (8,372) - 39,224 146.095% 57,304 28,652 (103) (2,855) 25,694 393,843 15.5 2034 08/01/34 28,652 (103) (2,855) 25,694 16:192 16 2034 0101/31 100% 49,024 (8,372) - 40,652 146.095% 59,390 29,695 (107) (2,959) 26,629 418,739 16.5 2035 08/01/35 29,695 (107) (2,959) 26,629 431,041 17 2035 02/01/36 100% 50,494 (8,372) - 42,122 146.095% 61,539 30,769 (111) (3,066) 27,593 443,537 17.5 2036 08/01/36 30,769 (111) (3,066) 27,593 455,789 18 2036 02/01/37 100% 52,009 (8,372) - 43,637 146.095% 63,752 31,876 (115) (3,176) 28,585 468,232 18.5 2037 08/01/37 31,876 (115) (3,176) 28,585 480,431 19 2037 02/01/38 100% 53,570 (8,372) - 45,198 146.095% 66,031 33,016 (119) (3,290) 29,607 492,819 19.5 2038 08/01/38 33,016 (119) (3,290) 29,607 504,964 20 2038 02/01/39 100% 55,177 (8,372) - 46,805 146.095% 68,379 34,190 (1293 (3,4007 390660 517,294 20.5 2039 08/01/39 34,190 (123) (3,407) 30,10 529,382 21 2039 02/01/1 100% 56,832 (8,372) - 48,460 146.095% 70,798 35,399 (127) (3,527) 31,744 541,652 21.5 2040 08/01/40 35,399 (127) (3,527) 31,744 553,682 22 2040 02/01/41 100% 58,537 (8,372) - 50,165 146.095% 73,288 36,644 (132) (3,651) 32,861 565,891 22.5 2041 08/01/41 36,644 (132) (3,651) 32,861 577,860 23 2041 02/01/42 100% 60,293 (8,372) - 51,921 146.095% 75,854 37,927 (137) (3,779) 34,011 590,006 23.5 2042 08/01/42 37,927 (137) (3,779) 34,011 601,913 24 2042 02/01/43 100% 62,102 (8,372) - 53,730 146.095% 78,497 39,248 (141) (3,911) 35,196 613,994 24.5 2043 08/01/43 39,248 (141) (3,911) 35,196 625,837 25 2043 02/01/44 100% 63,965 (8,372) - 55,593 146.095% 81,218 40,648 (146) (4,046) 36,417 637,852 25.5 2044 08/01/44 40,609 146 4,046 36,417 649,630 26 2044 02JO1145 Total 1,402,692 (5,050) (139,764) 1,257,878 Present Value From 08/01/2016 Present Value Rate 4.00% 724,419 2,608 72,181 649,63. Preps by EM1lers B A-iat Inc.- E9im - Only Estimated Cash Flow for the District (As Modified December 8, 2020) Appendix D_2 11/5/2020 Base Value Assumptions - Page 1 EHLERS =�euc rlNnNce npvlsoRs 2020 Expansion to TIF 4-16 City of Hutchinson, MN Franklin Street Rental Townhome Project 23 Units DistrictType: Redevelopment Tax Rates District Name/Number: TF District 4-16 Expansion County District #: Exempt Class Rate (Exempt) 0.00 % First Year Construction or Inflation on Value 2021 Commercial Industrial Preferred Class Rate (C/I Pref.) Existing District- Specify No. Years Remaining 26 First $150,000 1.50% Inflation Rate - Every Year: 3.00T. Over $150,000 2.00% Interest Rate: 4.00T. Commercial Industrial Class Rate (C/1) 2.00% Present Value Date: 1-Aug-22 Rental Housing Class Rate (Rental) 1.25% First Period Ending 1-Feb-23 Affordable Rental Housing Class Rate (Aff. Rental) Tax Year District was Certified: Pay 2021 First $162,000 0.75% Cashflow Assumes First Tax Increment For Development: 2023 Over $162,000 0.25% Years of Tax Increment 26 Non -Homestead Residential (Non-H Res. 1 Unit) Assumes Last YearofTax Increment 2048 First $500,000 1.00% Fiscal Disparities Election [Outside (A), Inside (B), or NA] NA Over $500,000 1.25% Incremental or Total Fiscal Disparities Homestead Residential Class Rate (Hmstd. Res.) Fiscal Disparities Contribution Ratio First $500,000 1.00% Fiscal Disparities Metro -Wide Tax Rate Over $500,000 1.25% Maximum/Fr.en Local Tax Rate: 164.147% Pay2020 Agricultural Non -Homestead 1.00% Current Local Tax Rate: (Use lesser of Current or Max.) 164.147% Pay 2020 State-wide Tax Rate (Comm./Ind. only used for total taxes) 38.8460% Pay 2020 Market Value Tax Rate (Used for total taxes) 0.19188% Pay 2020 BASE VALUE INFORMATION Building Total Percentage Tax Year Property Current Class After Land Market Market Of Value Used Original Original Tax Original After Conversion Map Areal ID PID Owner Address Market Value Value Value for District Market Value Market Value Class Tax Capacity Conversion Orig. Tax Cap. Phase 1 23-056-3040 McLeod Treament 135 Franklin St 45,900 134,100 180,000 100% 180,000 Pay 2021 Exempt - Rental 2,250 1 180,000 0 2,250 Note: 1. Base values are for pay 2020 based upon review of County website on 8/25/20. 2. Located in SD # 0423. R.Wod by Ehlers&As. isles, Inc.-Estimales Only N1 x..ta\H.khx-.kHouxg-Economic-Red—lopmeM IRTIF Oshicis\TIF 41612020 MOpFlI3ATIONI020 TIF Run F.A Implications Exxr. on Prj t Base Value Assumptions - Paget EHLERS '16LIC =iNANCE /+DVISORS 2020 Expansion to TIF 4-16 City of Hutchinson, MN Franklin Street Rental Townhome Project 23 Units Estimated Taxable PROJECT•. Total Taxable Property Percentage Percentage Percentage Percentage First Year Market Value Market Value Total Market Tax Project Project Tax Completed Completed Completed Completed Full Taxes Area/Phase New Use Per Sq. Ft./Unit Per Sq. FtJUnit Sq. Ft./Units Value Class Tax Capacity Capacity/Unit 2021 2022 2023 2024 Payable 1 Apartrents 180,000 WIAL 180,000 23 4,140,000 4,140,000 Rental 51,750 51,750 2,250 100% 100% 100% 100% 2023 Subtotal Residential 23 4,140,000 51,750 Subtotal CommercialMd. 0 0 0 Note: 1. Market values are based upon County Assessor's estimate of 10.05.20. New Uee o a Isca oca Tax Disparities Tax Capacity Tax Capacity Capacity TAXCALCULATIONS oca Isca e-xg a r e Property Disparities Property Value Taxes Taxes Taxes Taxes Total Taxes Taxes Per Sq. Ft./Unit Apartments 0 51,750 0 51,750 0 0 0 84,946 0 0 7,944 0 0 0 0 92.890 0 4,038.69 #DIV/0! Note: 1. Taxes and tax increment will vary significantly from year to year depending upon values, rates, state law and other factors which cannot be predicted. WHAT IS EXCLUDED FROM • ANALYSIS - oa rope axes urren[ are[ aue- s[. less State-wide Taxes 0 New Market Value - Est. 4,140:000 less Fiscal Disp. Adj. 0 Difference less Market Value Taxes (7,944) Present Value of Tax Increment 1,801,027 less Base Value Taxes (3,693) Difference 2,158,977 Annual Gross TIF Value likely to occur without Tax Increment is less titan: Reparetl by Ehlers&As. fates, lnc.-Estimates Only N 1Minnsota\H.khinwnW--g-Economic-RcJ-1opment\TIRTIF OstriciJIF 416 020 MOURCATIONI020 TIF Run F.A Implications E�nsion Ra t 11/5/2020 le%EHLERS 2020 Expansion to TIF 4-16 City of Hutchinson, MN Franklin Street Rental Townhome Project 23 Units Tax Increment Cashflow- Page 3 Project Original Fiscal Captured Local Annual Semi -Annual State Admin. Semi -Annual Semi -Annual PERIOD % of Tax Tax Disparities Tax Tax Gross Tax Gross Tax Auditor at Net Tax Present ENDING Tax Payment 100% 51,750 (2,250) - 49,500 164.147% 81,253 40,626 (146) (4,048) 36,432 35,017 0.5 2023 08/01/23 40,626 (146) (4,048) 36,432 69,348 1 2023 02/01/24 100% 53,303 (2,250) - 51,053 164.147% 83,801 41,901 (151) (4,175) 37,575 104,061 1.5 2024 08/01/24 41,901 (151) (4,175) 37,575 138,094 2 2024 02/01/25 100% 54,902 (2,250) - 52,652 164.147% 86,426 43,213 (156) (4,306) 38,752 172,504 2.5 2025 08/01/25 43,213 (156) (4306) 38,752 206,240 3 2025 02/01/26 100% 56,549 (2,250) - 54,299 164.147% 89,130 44,565 (160) (4:440) 39,964 240,349 3.5 2026 08/01/26 44,565 (160) (4,440) 39,964 273,789 4 2026 02/01/27 100% 58,245 (2,250) - 55,995 164.147% 91,914 45,957 (165) (4579) 41,213 307,598 4.5 2027 08/01/27 45,957 (165) (4:579) 41,213 340,743 5 2027 02/01/28 100% 59,992 (2,250) - 57,742 164.147% 94,782 47,391 (171) (4,722) 42,499 374,253 5.5 2028 08/01/28 47,391 (171) (4,722) 42,499 407,106 6 2028 02/01,29 100% 61,792 (2,250) - 59,542 164.147% 97,737 48,868 (176) (4,869) 43,823 440,318 6.5 2029 08/01/29 48,868 (176) (4,869) 43,823 472,880 7 2029 02/01/30 100% 63,646 (2,250) - 61,396 164.147% 100,780 50,390 (181) (5,021) 45,188 505,796 7.5 2030 08/01/30 50,390 (181) (5,021) 45,188 531,061 8 2030 0210111 100% 65,555 (2,250) - 63,305 164.147% 103,914 51,957 (187) (5, 1771 46,593 570,690 8.5 2031 08/01/31 51,957 (187) (5,177) 46,593 602,673 9 2031 02/01/32 100% 67,522 (2,250) - 65,272 164.147% 107,142 53,571 (193) (5,3381 48,040 635,003 9.5 2032 08/01/32 53,571 (193) (5,338) 48,040 666,699 10 2032 02/01/33 100% 69,548 (2,250) - 67,298 164.147% 110,467 55,234 (199) (5,503) 49,531 698,737 10.5 2033 01101133 55,234 (199) (5,503) 49,531 730,148 11 2033 02/01/34 100% 71,634 (2,250) - 69,384 164.147% 113,892 56,946 (205) (5674) 51,067 761897 11.5 2034 O8/01/34 56,946 (205) (5:674) 51,067 793:024 12 2034 02/01/35 100% 73,783 (2,250) - 71,533 164.147% 117,419 58,710 (211) (5,850) 52,649 824,486 12.5 2035 08/01/35 58710 (211) (5,850) 52,649 855,330 13 2035 02/01/36 100% 75,997 (2,250) - 73,747 164.147% 121,053 6N26 (218) (6,031) 54,278 886,506 13.5 2036 08/01/36 60,526 (218) (6,031) 54,278 917,071 14 2036 02/01/37 100% 78,277 (2,250) - 76,027 164.147% 124,795 62,398 (225) (6217) 55,956 947,962 14.5 2037 O8/01/37 62,398 (225) (6:217) 55,956 978,248 15 2037 02/01/38 100% 80,625 (2,250) - 78,375 164.147% 128,650 64,325 (232) (6,409) 57,684 1,008,857 15.5 2038 08/01/38 64,325 (232) (6,409) 57,684 1,038,866 16 2038 02/01/39 100% 83,044 (2,250) - 80,794 164.147% 132,620 66,310 (239) (6,607) 59,464 1,069,194 16.5 2039 08/01/39 66,310 (239) (6,607) 59,464 1,098,928 17 2039 02/01/40 100% 85,535 (2,250) - 83,285 164.147% 136,710 68,355 (246) (6,811) 61,298 1,128,978 17.5 2040 08/01/40 68,355 (246) (6,811) 61,298 1,158,438 18 2040 02/01/41 100% 88,101 (2,250) - 85,851 164.147% 140,922 7 0, 461 (254) (7,021) 63,186 1,188,211 18.5 2041 08/01/41 70,461 (254) (7,021) 63,186 1,217,400 19 2041 02/01/42 100% 90,744 (2,250) - 88,494 164.147% 145,260 72,630 (261) (7,2371 65,132 1,246,897 19.5 2042 08/01/42 72,630 (261) (7,237) 65,132 1,275,816 20 2042 02/01/43 100% 93,466 (2,250) - 91,216 164.147% 149,729 74,864 (270) (7,459) 67,135 1,305'041 20.5 2043 01101143 74,864 (270) (7,459) 67,135 1,333,692 21 2043 02/01/44 100% 96,270 (2,250) - 94,020 164.147% 154,331 77,166 (278) (7,689) 69,199 1,362,645 21.5 2044 08/01/44 77, 166 (278) (7,689) 69,199 1,391,030 22 2044 02/01/45 100% 99,158 (2,250) - 96,908 164.147% 159,072 79,536 (286) (7,925) 71,325 1,419,714 22.5 2045 08/01/45 79,536 (286) (7,925) 71,325 1,447,835 23 2045 02/01/46 100% 102,133 (2,250) - 99,883 164.147% 163,955 81,978 (295) (8,168) 73,514 1,476,251 23.5 2046 08/01/46 81,978 (295) (8,168) 73,514 1,504,110 24 2046 02/01/47 100% 105,197 (2,250) - 102,947 164.147% 168,985 84,492 (304) (8,419) 75,769 1,532,260 24.5 2047 08/01/47 84,492 (304) (8,419) 75,769 1,559,858 25 2047 02/01/48 100% 108,353 (2,250) - 106,103 164.147% 174,165 87,082 (313) (8,677) 78,092 1,587,745 25.5 2048 08/01/48 87,082 313 8,677 78,092 1,615,085 26 2048 02/01/49 Total 3,178,904 (11 ,444) (316,746) 3,850,714 Presen[Value From 08/01/2022 Presen[Value Rate 4.00% 1:.1,023 (6,484) 1179,454) 1,615,085 Pm,xu-ctl by Ehlers B Associates, Inc_ -Estimates Only N W u,nsola\Hutchinson\Housing-Economic-Retlevelopment\TIF\TIF Oisincis\TIF 4-16VD2D MOOIFICATIONVIVOTIF Run Fiscal Implications Expansion Prgect Appendix E Minnesota Business Assistance Form (Minnesota Department of Employment and Economic Development) A Minnesota Business Assistance Form (MBAF) should be used to report and/or update each calendar year's activity by April 1 of the following year. Please see the Minnesota Department of Employment and Economic Development (DEED) website at http://www.deed.state.mn.us/Community/subsidies/MBAFForrn.htm for information and forms. Appendix E-1 Appendix F Redevelopment Qualifications for the District Appendix F-1 Redevelopment Tax Increment Financing District Eligibility Study Modification of TIF District 4-16 to include "Franklin House" 135 Franklin Street NW Prepared By Miles R. Seppelt, EDA Director Kyle Dimler, Building Official November 20, 2020 I. Governing Statutory Language To be eligible for a Redevelopment Tax Increment Financing District, the area to be redeveloped must meet certain requirements as outlined in state statute. These are: Minnesota Statute 469.174 Subd. 10. Redevelopment district. Subd. 10 (a) "Redevelopment district" means a type of tax increment financing district consisting of a project, or portions of a project, within which the authority finds by resolution that one or more of the following conditions, reasonably distributed throughout the district, exists: (])parcels consisting of 70 percent of the area of the district are occupied by buildings, streets, utilities, paved or gravel parking lots, or other similar structures and more than 50 percent of the buildings, not including outbuildings, are structurally substandard to a degree requiring substantial renovation or clearance; Subd. 10 (b) For purposes of this subdivision, "structurally substandard" shall mean containing defects in structural elements or a combination ofdefzciencies in essential utilities and facilities, light and ventilation, fire protection including adequate egress, layout and condition of interior partitions, or similar factors, which defects or deficiencies are of sufficient total significance to justify substantial renovation or clearance. Subd. 10 (c) A building is not structurally substandard if it is in compliance with the building code applicable to new buildings or could be modified to satisfy the building code at a cost of less than 15 percent of the cost of constructing a new structure of the same square footage and type on the site. The municipality may find that a building is not disqualified as structurally substandard under the preceding sentence on the basis of reasonably available evidence, such as the size, type, and age of the building, the average cost of plumbing, electrical, or structural repairs, or other similar reliable evidence. The municipality may not make such a determination without an interior inspection of the property, but need not have an independent, expert appraisal prepared of the cost of repair and rehabilitation of the building. An interior inspection of the property is not required, if the municipality finds that (1) the municipality or authority is unable to gain access to the property after using its best efforts to obtain permission from the party that owns or controls the property; and (2) the evidence otherwise supports a reasonable conclusion that the building is structurally substandard. Items of evidence that support such a conclusion include recent fire or police inspections, on -site property tax appraisals or housing inspections, exterior evidence of deterioration, or other similar reliable evidence. Written documentation of the findings and reasons why an interior inspection was not conducted must be made and retained under section 469.175, subdivision 3, clause (1). Failure of a building to be disqualified under the provisions of this paragraph is a necessary, but not a sufficient, condition to determining that the building is substandard. Subd. 10(e) For purposes of this subdivision, a parcel is not occupied by buildings, streets, utilities, paved or gravel parking lots, or other similar structures unless 15 percent of the area of the parcel contains buildings, streets, utilities, paved or gravel parking lots, or other similar structures. II. Study Area Figure 1— Aerial view of study area Zhf D AVE NW i • 146 135 133 ,14014, Wr z 125 i rn z 1 J _0 16L + Q f • t ir ' 115 `ti��1� 11d 1- 114114 114114 - 11114 r 114 �F The modification of Development TIF District 4-16 will add 135 Franklin Street NW in downtown Hutchinson to the existing redevelopment district. The site is composed of one city lot known as the "Franklin House." Table 1— Identification of Study Area "Franklin house" 135 Franklin Street NW Lots 9 & 10, excluding WILY 1/3, Blk 42, North Half of Hutchinson, County of McLeod, MN f 145 135 Y 125 3 z r V) z W J 145 135 Figure 2 — Map of Study Area 126 L S z F I25 V] z J z W IL 115 SG 3 x H c r A 1ST AVE NW 1st Ave NW LL Np AVE NW 1' III. Criterion 1 Minnesota Statute 469.174, Subd. 10 (1) states: "(1) parcels consisting of 70 percent of the area of the district are occupied by buildings, streets, utilities, paved or gravel parking lots, or other similar structures... " Findings There is one parcel in the proposed addition to the TIF-4-16 Redevelopment TIF District. This one lot is occupied by a house, shed and sidewalks. 1 parcel = 100% 1 occupied Since 100% of the parcels in the proposed Redevelopment TIF District are in fact occupied by buildings and related items as specified in statute, this criterion is satisfied. IV. Criterion 2 The second criterion that must be satisfied is that more than one-half of the buildings in the proposed redevelopment district must be found to be substandard based upon an internal inspection. The governing statutes state: Minnesota Statute 469.174, Subd 10. (1) "...and more than 50 percent of the buildings, not including outbuildings, are structurally substandard to a degree requiring substantial renovation or clearance; " Findings There is one building, not including outbuildings, on the parcel and it was found to be substandard based upon an internal inspection. (see below). 1 sub -standard building = 100% 1 building on the lot 100% of the buildings on the parcel were found to be substandard, thus satisfying the criterion in Minnesota Statute 469.174, Subd 10. (1). Minnesota Statute 469.174, Subd. 10 (b) further states: For purposes of this subdivision, "structurally substandard" shall mean containing defects in structural elements or a combination ofdefzciencies in essential utilities and facilities, light and ventilation, fire protection including adequate egress, layout and condition of interior partitions, or similar factors, which defects or deficiencies are of sufficient total significance to justify substantial renovation or clearance. Subd. 10 (c) A building is not structurally substandard if it is in compliance with the building code applicable to new buildings or could be modified to satisfy the building code at a cost of less than 15 percent of the cost of constructing a new structure of the same square footage and type on the site. The municipality may find that a building is not disqualified as structurally substandard under the preceding sentence on the basis of reasonably available evidence, such as the size, type, and age of the building, the average cost of plumbing, electrical, or structural repairs, or other similar reliable evidence. The municipality may not make such a determination without an interior inspection of the property, but need not have an independent, expert appraisal prepared of the cost of repair and rehabilitation of the building. An interior inspection of the property is not required, if the municipality finds that (1) the municipality or authority is unable to gain access to the property after using its best efforts to obtain permission from the party that owns or controls the property; and (2) the evidence otherwise supports a reasonable conclusion that the building is structurally substandard. Items of evidence that support such a conclusion include recent fire or police inspections, on -site property tax appraisals or housing inspections, exterior evidence of deterioration, or other similar reliable evidence. Written documentation of the findings and reasons why an interior inspection was not conducted must be made and retained under section 469.175, subdivision 3, clause (1). Failure of a building to be disqualified under the provisions of this paragraph is a necessary, but not a sufficient, condition to determining that the building is substandard. Findings An internal inspection of the "Franklin House" was completed on October 19, 2020. Building Code violations, along with the estimated cost to repair, include the following: 1. The west entry door is damaged and in need of replacement to provide a proper weather seal to the exterior. Cost to Remedy $800 2. The stair leading to the west entry deck contains uneven riser heights exceeding the 3/8" maximum allowed by the MN Building Code and ought to be replaced. Cost to Remedy $300 3. The southerly bathroom on the 1" level of the structure is not accessible as required by the MN Accessibility Code: a. The entry door does not provide the required 32" minimum clear width. b. The lavatory/sink does not provide the required knee and toe clearance. c. The accessories in the restroom are not within the reach range required by the MN Accessibility Code. d. The toilet is too close to the adjacent wall, the flush control lever is on the wrong side of the water tank, and there are no grab bars provided as required. Cost to Remedy $10,000 to $14,000 4. The stair to the basement level does not provide the minimum 36" deep landing as required. Cost to Remedy $1,200 5. The stair to the 2nd level does not provide the required guard at portions greater than 30" above the adjacent floor. Cost to Remedy $1,200 6. The window in the 1" level kitchen is in need of replacement as the seal between the panes of glass has become displaced. Cost to Remedy $1,300 7. The floor surface in the 1" level kitchen is in need of repair to the uneven/inaccessible floor surface remaining following some apparent partial demolition. Cost to Remedy $1,400 8. The kitchen dishwasher wiring is not abandoned properly and exposed wiring is present. Cost to Remedy $400 9. The short stair leading to the change in floor level on the 1" level's north end is in need of a guard as a portion of the adjacent floor is greater than the maximum 7" above the adjacent stair. Cost to Remedy $400 10. The window in the northwest 1" level office area is in need of replacement as the seal between the panes of glass appears to have become displaced. Cost to Remedy $900 11. The northerly bathroom on the 1" level of the structure is not accessible as required by the MN Accessibility Code: a. No grab bars are provided at the toilet, as required. b. The shower is not accessible at all. c. The lavatory/sink does not provide the required knee and toe clearance. d. The accessories in the restroom are not within the reach range required by the MN Accessibility Code. Cost to Remedy $7,500 12. The smoke/fire alarm system installed in the structure could not be verified to be operational. A function test of the system should be completed and repairs/replacement of components be made as necessary. Cost to Remedy $200 to $2,000 13. The stair to the 2nd level's top riser does not comply with the 3/8" maximum variance from greatest to least difference. The stair would need to be reconstructed. Cost to Remedy $2,500 to $20,000 (may require addition to house to meet code) 14. The guard at the top of the stair to the 2nd level is less than 36" and needs to be replaced. Cost to Remedy $1,200 15. The 2nd level restroom is not accessible: a. A 30" wide space for the toilet is not provided and the toilet is essentially in an alcove between the entry door and the adjacent lavatory. b. The lavatory/sink does not provide the required knee and toe clearance. c. The shower is not accessible at all. Cost to Remedy $7,500 16. The accessories in the restroom are not within the reach range required by the MN Accessibility Code. Cost to Remedy $1,000 17. The bathroom entry door does not provide the minimum 32" clear width required. Cost to Remedy $10,000 to $14,000 18. The exterior door at the top of the stair to the 2nd level has a step/landing at the immediate edge of the threshold. The door needs to be raised. Cost to Remedy $9,500 to $20,000 (may require reconstructing part of the building) 19. The 2nd level exterior balcony guard openings are greater than 4" exceeding the maximum allowed. The guard rails needs to be reconstructed. Cost to Remedy $2,500 20. The stair leading to the exterior grade from the exterior balcony does not provide a graspable handrail as required. Cost to Remedy $800 21. No fall protection devices are provided in the 2nd level sleeping room windows as required. Cost to Remedy $4,000 22. The stair leading to the basement level is not provided with a continuous handrail as required. Cost to Remedy $1,200 23. The stair leading to the basement has riser heights at the top and bottom that exceed the 3/8" maximum variance from greatest to least difference. The stair would need to be reconstructed. Cost to Remedy $2,500 24. In the northeast room of the basement (electrical/water softener room) in multiple locations, PVC pipe is used as a "transition duct" for the HVAC system. PVC is not a permitted duct material and this must be replaced. Cost to Remedy $800 to $3,500 25. In the same room as Item 24, there is an open electrical junction box with accessible electrical wiring exposed. Cost to Remedy $400 26. The condensate drain tubing from the furnace is routed and crossing multiple electrical distribution wires in the basement. Cost to Remedy $400 27. The receptacle/switch box powering the furnace is hanging loose by its conduit and is need of proper fastening. Cost to Remedy $400 28. The PVC vent pipes serving the furnace are not supported at a maximum 48" on center as required. Cost to Remedy $100 29. The basement stair is not provided with a guard having openings less than 4" and a minimum 36" high as required. Cost to Remedy $1,000 30. The ramp on the east side of the building provides no graspable handrails as required, no edge protection as required, landings that are only 44" deep rather than the minimum 60" deep required, and guards that are structurally unsound. Cost to Remedy $3,500 31. The clothes dryer vent terminations are only approximately 4" above grade on the building exterior rather than the minimum 12" above grade required. Cost to Remedy $2,500 32. The 2nd level balcony ledger is not fastened to the building structure as required by code, the exterior beam supporting the floor joists is not fastened to the supporting posts and have almost no wood support material against rotation forces. Balcony is in need of reconstruction. Cost to Remedy $9,000 33. The building's air conditioning unit is not provided with locking fill port caps as required by the MN Mechanical Code. Cost to Remedy $1,000 34. The plumbing serving the 2nd level bathroom is not provided with a trap as required. Trap is installed in basement at lowest point of drain pipe rather than at fixtures it is serving as required. Cost to Remedy $400 35. The sump pump discharge in the basement is not connected to the discharge piping protruding from the southerly exterior wall. Cost to Remedy $300 Inspection was conducted by Kyle Dimler, Hutchinson Building Official. Kyle Simler Building Official City Center 111 Hassan St. SE Hutchinson, MN 55350 Phone: (320) 234-4220 Fax: (320) 234-4240 kdimler@ci.hutchinson.mn.us Estimated repair costs along with the estimated cost of a new building of the same type was provided by Ben Anderson, project estimator and manager for First Class Builders in Hutchinson, Minnesota. Ben Anderson Project Manager First Class Builders - The Broll Team 902 Hwy. 15 South, Suite 400 Hutchinson, MN 55350 T: 320-234-7000 C: 320-583-4650 Per a cost estimate provided by First Class Builders, LLC, the total cost to bring the existing building up to current building code standards would be between $88,100 and 128,600. Also, per First Class Builders, a new building of the same type and size would cost approximately $380,000. Low Estimate High Estimate Repair Cost $88,100 $128,600 New Building $380,000 $380,000 Percentage 23.2% 33.8% Since the total cost to renovate the existing building is more than 15% of the cost to construct a new building, the 'Franklin House' does meet the statutory definition of substandard. V. Criterion 3 Minnesota State Statute 469.174 Subd. 10(e) states: For purposes of this subdivision, a parcel is not occupied by buildings, streets, utilities, paved or gravel parking lots, or other similar structures unless 15 percent of the area of the parcel contains buildings, streets, utilities, paved or gravel parking lots, or other similar structures. The parcel in question covers an area encompassing .330754 acres or 14,408 square feet. The improved area of the parcel is as follows: Improvement Area (sf) Buildings 1,800 Sidewalks 700 TOTAL 2,500 The total improved area is 2,500 square feet. 2,500 / 14,408 = 17.35 17.35 % of the parcel is 'improved,' therefore this criterion is satisfied. VI. Conclusion All statutory criteria are satisfied. Therefore the area of this study being considered for a Redevelopment Tax Increment Financing District is in fact eligible for inclusion in the existing Redevelopment TIF District (4-16). Any questions regarding this eligibility study can be directed to Miles R. Seppelt, Economic Development Director, City of Hutchinson at (320) 234-4223 or mseppelt@ci.hutchinson.mn.us Appendix G Findings Including But/For Qualifications The reasons and facts supporting the findings for the adoption of the Tax Increment Financing Plan (TIF Plan) for Tax Increment Financing District No. 4-16 (District), as required pursuant to Minnesota Statutes, Section 469.175, Subdivision 3 are as follows: 1. Finding that Tax Increment Financing District No. 4-16 is a redevelopment district as defined in M.S., Section 469.174, Subd. 10. The District consists of one parcel, with plans to redevelop the area for commercial/industrial purposes. At least 70 percent of the area of the parcels in the District are occupied by buildings, streets, utilities, paved or gravel parking lots or other similar structures and that the sole building on the parcel, not including outbuildings, is structurally substandard to a degree requiring substantial renovation or clearance. 2. Finding that the proposed development, in the opinion of the City Council, would not reasonably be expected to occur solely through private investment within the reasonablyforeseeablefuture and that the increased market value of the site that could reasonably be expected to occur without the use of tax increment financing would be less than the increase in the market value estimated to result from the proposed development after subtracting the present value of the projected tax increments for the maximum duration of the District permitted by the TIF Plan. Theproposed development, in the opinion of the City, would not reasonably be expected to occur solely through private investment within the reasonably foreseeable future: This finding is supported by the fact that the redevelopment proposed in the TIF Plan meets the City's objectives for redevelopment. Due to the high cost of redevelopment on the parcel currently occupied by a single substandard building, the incompatible land uses at close proximity, and the cost of financing the proposed demolition and land purchase, this proj ect is feasible only through assistance, in part, from tax increment financing. The increased market value of the site that could reasonably be expected to occur without the use of tax increment financing would be less than the increase in market value estimated to result from the proposed development after subtracting the present value of the projected tax increments for the maximum duration of the District permitted by the TIF Plan: This finding is justified on the grounds that the cost of site and public improvements add to the total redevelopment cost. Historically, site and public improvements costs in this area have made redevelopment infeasible without tax increment assistance. This site has been marketed for approximately ten years without success. The City reasonably determines that no other redevelopment of similar scope is anticipated on this site without substantially similar assistance being provided to the development. Therefore, the City concludes as follows: a. The City's estimate of the amount by which the market value of the entire District will increase without the use of tax increment financing is $0. b. If the proposed development occurs, the total increase in market value will be $1,108,900. C. The present value of tax increments from the District for the maximum duration of the district permitted by the TIF Plan is estimated to be $724,419. d. Even if some development other than the proposed development were to occur, the Council finds that no alternative would occur that would produce a market value increase greater than $384,481 (the amount in clause b less the amount in clause c) without tax increment assistance. Appendix G-1 3. Finding that the TIFPIan for the District conforms to the general plan for the development or redevelopment of the municipality as a whole. The City Council has reviewed the TIF Plan and finds that the TIF Plan conforms to the general development plan of the City pending approval by the City Planning Commission. 4. Finding that the TIFPIan for the District will afford maximum opportunity, consistent with the sound needs of the City as a whole, for the development or redevelopment of Development District No. 4 by private enterprise. The project to be assisted by the District will result in increased employment in the City and the State of Minnesota, the renovation of substandard properties, increased tax base of the State and add a high quality development to the City. But -For Analysis Current Market Value 456,100 New Market Value - Estimate 1,565,000 Difference 1,108,900 Present Value of Tax Increment 724,419 Difference 384,481 Value Likely to Occur Without TIF is Less Than: 384,481 (As Modified December 8, 2020) But -For Analysis Current Market Value 636,100 New Market Value - Estimate 5,705,000 Difference 5,068,900 Present Value of Tax Increment 2,548,915 Difference 2,519,985 Value Likely to Occur Without TIF is Less Than: 2,519,985 Appendix G-2 TIF DEVELOPMENT AGREEMENT BY AND BETWEEN THE CITY OF HUTCHINSON, MINNESOTA AND HUTCHINSON — THE LANDING, LLC This document drafted by: TAFT STETTINIUS & HOLLISTER LLP (MTM) Professional Association 2200 IDS Center 80 South 8th Street Minneapolis, Minnesota 55402 174244145vl TABLE OF CONTENTS Page ARTICLEI DEFINITIONS................................................................................................. 2 2 Section1.1 Definitions........................................................................................... ARTICLE II REPRESENTATIONS AND WARRANTIES ............................................... 4 Section 2.1 Representations and Warranties of the City ......................................... 4 Section 2.2 Representations and Warranties of the Developer ............................... 4 ARTICLE III UNDERTAKINGS BY DEVELOPER AND CITY ....................................... Section 3.1 Project and Legal and Administrative Expenses ............................ 6 Section 3.2 Limitations on Undertaking of the City ............................................... 6 Section 3.3 Reimbursement: TIF Note................................................................... 6 Section 3.4 Compliance with Low and Moderate Income Requirements .............. 7 Section 3.5 Real Property Taxes......................................................................... Section 3.6 Prohibition Against Transfer of Project and Assignment of Agreement............................................................................................ 8 ARTICLEIV EVENTS OF DEFAULT............................................................................... 10 10 Section 4.1 Events of Default Defined............................................................ I.... Section 4.2 Remedies on Default.......................................................................... 10 11 Section 4.3 No Remedy Exclusive....................................................................... 11 Section 4.4 No Implied Waiver............................................................................ 11 Section 4.5 Agreement to Pay Attorney's Fees and Expenses .............................. Section 4.6 Indemnification of City...................................................................... 11 ARTICLE V DEVELOPER'S OPTION TO TERMINATE AGREEMENT .................... Section 5.1 The Developer's Option to Terminate ............................................. 13 Section 5.2 Action to Terminate........................................................................... 13 13 Section 5.3 Effect of Termination......................................................................... ARTICLE VI ADDITIONAL PROVISIONS...................................................................... 14 14 Section 6.1 Restrictions on Use............................................................................ 14 Section 6.2 Conflicts of Interest........................................................................... 14 Section 6.3 Titles of Articles and Sections........................................................... Section 6.4 Notices and Demands........................................................................ 14 15 Section 6.5 Counterparts....................................................................................... 15 Section 6.6 Law Governing.................................................................................. 15 Section6.7 Expiration........................................................................................... 15 Section 6.8 Provisions Surviving Rescission or Expiration ................................. Section 6.9 Assignability of TIF Note.................................................................. 15 EXHIBIT A DESCRIPTION OF DEVELOPMENT PROPERTY ................................. A-1 EXHIBITB FORM OF TIF NOTE................................................................................. C-1 EXHIBIT C COMPLIANCE CERTIFICATE................................................................. D-1 174244145v1 TIF DEVELOPMENT AGREEMENT THIS AGREEMENT, made as of the _ day of , 2025, by and between the City of Hutchinson, Minnesota (the "City"), a municipal corporation existing under the laws of the State of Minnesota and Hutchinson — The Landing, LLC, a Minnesota limited liability company (the "Developer"), WITNESSETH: WHEREAS, pursuant to Minnesota Statutes, Section 469.124 through 469.133, as amended, the City has heretofore established Municipal Development District No. 4 (the "Development District") and has adopted a development program therefor (the "Development Program"); and WHEREAS, pursuant to the provisions of Minnesota Statutes, Section 469.174 through 469.1794, as amended (hereinafter, the "Tax Increment Act"), the City is establishing as of the date hereof, within the Development District, Tax Increment Financing District No. 4-24 (the "Tax Increment District") and has adopted a tax increment financing plan therefor (the "Tax Increment Plan") which provides for the use of tax increment financing in connection with certain development within the Development District; and WHEREAS, in order to achieve the objectives of the Development Program and particularly to make the land in the Development District available for development by private enterprise in conformance with the Development Program, the City has determined to assist the Developer with the financing of certain costs of a Project (as hereinafter defined) to be constructed within the Tax Increment District as more particularly set forth in this Agreement; and WHEREAS, the City believes that the development and construction of the Project, and fulfillment of this Agreement are vital and are in the best interests of the City, the health, safety, morals and welfare of residents of the City, and in accordance with the public purpose and provisions of the applicable state and local laws and requirements under which the Project has been undertaken and is being assisted; and WHEREAS, the requirements of the Business Subsidy Law, Minnesota Statutes, Section 116J.993 through 116J.995, do not apply to this Agreement pursuant to an exemption for housing. NOW, THEREFORE, in consideration of the premises and the mutual obligations of the parties hereto, each of them does hereby covenant and agree with the other as follows: 174244145v1 ARTICLE I DEFINITIONS l . l Definitions. All capitalized terms used and not otherwise defined herein shall have the following meanings unless a different meaning clearly appears from the context: Agreement means this TIF Development Agreement, as the same may be from time to time modified, amended or supplemented; Business Day means any day except a Saturday, Sunday or a legal holiday or a day on which banking institutions in the City are authorized by law or executive order to close; City means the City of Hutchinson, Minnesota; Compliance Certificate means the Compliance Certificate in substantially the form attached hereto as Exhibit D; Cogpty means McLeod County, Minnesota; Developer means Hutchinson — The Landing, LLC, a Minnesota limited liability company, its successors and assigns; Development District means Municipal Development District No. 4 heretofore established, including the real property described in the Development Program; Development Program means the development program approved in connection with the Development District, as modified; Development Property means the real property described in Exhibit A attached to this Agreement; Event of Default means any of the events described in Section 4.1 hereof, Legal and Administrative Expenses means the actual out of pocket fees and expenses incurred by the City in connection with the review and analysis of the development proposed under this Agreement with the adoption and administration of the Tax Increment Financing Plan and establishment of the Tax Increment District, the preparation of this Agreement and the issuance of the TIF Note including, but not limited to, reasonable attorney and municipal advisor fees and expenses; Note Payment Date means August 1, 2027, and each February 1 and August 1 of each year thereafter to and including February 1, 2053; provided, that if any such Note Payment Date should not be a Business Day, the Note Payment Date shall be the next succeeding Business Day; Prime Rate means the rate of interest from time to time publicly announced by U.S. Bank National Association in Minneapolis, Minnesota, as its "reference rate" or any successor rate, which rate shall change as and when that prime rate or successor rate changes; 2 174244145v1 Project means the construction of an apartment complex containing approximately eight - one (81) units, including necessary soil corrections on the Development Property; Public Improvements means (i) the relocation of the Nuverra fiber optic duct bank and the existing sanitary sewer line on the Development Property and (ii) the construction of a stormwater retention pond and improvements to Glen Street to serve the Development Property; State means the State of Minnesota; Tax Increment Act means Minnesota Statutes, Sections 469.174 through 469.1794, as amended; Tax Increment District means Tax Increment Financing District No. 4-24 located within the Development District, a description of which is set forth in the Tax Increment Financing Plan, which was qualified as a housing district under the Tax Increment Act; Tax Increment Financing Plan means the tax increment financing plan approved for the Tax Increment District by the City Council on September 9, 2025, and any future amendments thereto; Tax Increments means 90% of the tax increments derived from the Development Property which have been received by the City in accordance with the provisions of Minnesota Statutes, Section 469.177; Termination Date means the earlier of (i) February 1, 2053, (ii) the date the TIF Note, including applicable interest, is paid as provided in the TIF Note, (iii) the date on which the Tax Increment District expires or is otherwise terminated, or (iv) the date this Agreement is terminated or rescinded in accordance with its terms; and TIF Note means the Tax Increment Revenue Note (Landing Project) to be executed by the City and delivered to the Developer pursuant to Article III hereof, a form of which is attached hereto as Exhibit C; and Unavoidable Delays means delays, outside the control of the party claiming its occurrence, which are the direct result of strikes, other labor troubles, unusually severe or prolonged bad weather, acts of God, fire or other casualty to the Project, litigation commenced by third parties which, by injunction or other similar judicial action or by the exercise of reasonable discretion, directly results in delays, or acts of any federal, state or local governmental unit (other than the City) which directly result in delays. 3 174244145v1 ARTICLE 2 REPRESENTATIONS AND WARRANTIES 2.1 Representations and Warranties of the City. The City makes the following representations and warranties: (1) The City is a municipal corporation and has the power to enter into this Agreement and carry out its obligations hereunder. (2) Based on the representation of the Developer set forth in Section 3.4 below, the Tax Increment District is a "housing district" within the meaning of Minnesota Statutes, Section 469.174, Subdivision 11, and was created, adopted and approved in accordance with the terms of the Tax Increment Act. (3) The development contemplated by this Agreement is in conformance with the development objectives set forth in the Development Program. (4) To finance certain costs within the Tax Increment District, the City proposes, subject to the further provisions of this Agreement, to apply Tax Increments to reimburse the Developer for a portion of the costs of the construction of the Project as further provided in this Agreement. (5) The City makes no representation or warranty, either expressed or implied, as to the Development Property or its condition or the soil conditions thereon, or that the Development Property shall be suitable for the Developer's purposes or needs. (6) The City shall construct the Public Improvements, and pay the costs thereof. 2.2 Representations and Warranties of the Developer. The Developer makes the following representations and warranties: (1) The Developer is a Minnesota limited liability company and has the power and authority to enter into this Agreement and to perform its obligations hereunder, and doing so will not violate its articles of organization, member control agreement or operating agreement, if any, or the laws of the State and by proper action has authorized the execution and delivery of this Agreement. (2) The Developer shall cause the Project to be constructed in accordance with the terms of this Agreement, the Development Program, and all local, state and federal laws and regulations (including, but not limited to, environmental, zoning, energy conservation, building code and public health laws and regulations). (3) The construction of the Project would not be undertaken by the Developer, and in the opinion of the Developer would not be economically feasible within the reasonably foreseeable future, without the assistance and benefit to the Developer provided for in this Agreement. 4 174244145v1 (4) Neither the execution and delivery of this Agreement, the consummation of the transactions contemplated hereby, nor the fulfillment of or compliance with the terms and conditions of this Agreement is prevented, limited by or conflicts with or results in a breach of, the terms, conditions or provision of any contractual restriction, evidence of indebtedness, agreement or instrument of whatever nature to which the Developer is now a party or by which it is bound, or constitutes a default under any of the foregoing. (5) The Developer will cooperate fully with the City with respect to any litigation commenced with respect to the Project. (6) The Developer will cooperate fully with the City in resolution of any traffic, parking, trash removal or public safety problems which may arise in connection with the construction and operation of the Project. (7) Construction of the Project commence September 10, 2025, and subject to Unavoidable Delays, shall be substantially completed by September 1, 2027. (8) The Developer will obtain, or cause to be obtained, in a timely manner, all required permits, licenses and approvals, and will meet, in a timely manner, all requirements of all applicable local, state, and federal laws and regulations which must be obtained or met before the Project may be lawfully constructed. (9) The Developer acknowledges that Tax Increment projections contained in the Tax Increment Financing Plan are estimates only and the Developer acknowledges that it shall place no reliance on the amount of projected Tax Increments and the sufficiency of such Tax Increments to reimburse the Developer for a portion of the costs of the construction of the Project as provided in Article 111. E 174244145v1 ARTICLE 3 UNDERTAKINGS BY DEVELOPER AND CITY 11 1 Project and Legal and Administrative Expenses. (1) The costs of the Project shall be paid by the Developer. The City shall reimburse the Developer for the lesser of (a) $1,287,000, or (b) the actual costs of the construction of the Project incurred and paid by the Developer (the "Reimbursement Amount"), as further provided in Section 3.3 hereof. Of the total Reimbursement Amount, the City shall reimburse the Developer for up to (i) $332,000 in costs for the soil corrections on the Development Property and (ii) $955,000 for other construction costs of the Project. (2) The Developer has deposited with the City the sum of $15,000 to reimburse the City for its actual out of pocket Legal and Administrative Expenses and any excess will be returned to the Developer. The Legal and Administrative Expenses shall by paid by the City from the Developer's deposit. If the City determines that the deposit is inadequate, the City shall notify the Developer of the amount necessary to increase the deposit and the Developer shall provide such additional funds within 10 days of notification by the City that the deposit is inadequate. 3.2 Limitations on Undertaking of the City. Notwithstanding the provisions of Section 3. 1, the City shall have no obligation to the Developer under this Agreement to reimburse the Developer for the costs identified in Section 3.1(1), if the City, at the time or times such payment is to be made, is entitled under Section 4.2 to exercise any of the remedies set forth therein as a result of an Event of Default which has not been cured. 3.3 Reimbursement: TIF Note. The City shall reimburse the payments made by the Developer under Section 3.1(1) for costs of the construction of the Project through the issuance of the City's TIF Note in substantially the form attached to this Agreement as Exhibit C, subject to the following conditions: (1) The TIF Note shall be dated, issued and delivered when the Developer has (i) demonstrated in writing to the reasonable satisfaction of the City that the construction of the Project is complete and that the Developer has incurred and paid the costs of the construction of the Project, as described in Section 3.1(1), and (ii) shall have submitted paid invoices for the costs of construction of the Project in an amount not less than the Reimbursement Amount. (2) The unpaid principal of the TIF Note shall bear simple non -compounding interest from the date of issuance of the TIF Note, at the rate of 6.00%. Interest shall be computed on the basis of a 360-day year consisting of twelve (12) 30-day months. (3) The principal amount of the TIF Note and the interest thereon shall be payable solely from the Tax Increments. (4) On each Note Payment Date and subject to the foregoing sentence and the provisions of the TIF Note, the City shall pay, against the principal and interest outstanding on the TIF Note, the Tax Increments received by the City during the preceding six (6) months. All such payments shall be applied first to accrued interest and then to reduce the principal of the TIF Note. 0 174244145vl (5) The TIF Note shall be a special and limited obligation of the City and not a general obligation of the City, and only Tax Increments shall be used to pay the principal and interest on the TIF Note. If, on any TIF Note Payment Date, the Tax Increments for the payment of the accrued and unpaid interest on the TIF Note are insufficient for such purposes, the difference shall be carried forward, without interest accruing thereon, and shall be paid if and to the extent that on a future TIF Note Payment Date there are Tax Increments in excess of the amounts needed to pay the accrued interest then due on the TIF Note. (6) The City's obligation to make payments on the TIF Note on any Note Payment Date or any date thereafter shall be conditioned upon the requirements that: (A) there shall not at that time be an Event of Default that has occurred and is continuing under this Agreement and (B) this Agreement shall not have been rescinded pursuant to Section 4.2. (7) The TIF Note shall be governed by and payable pursuant to the additional terms thereof, as set forth in Exhibit C. In the event of any conflict between the terms of the TIF Note and the terms of this Section 3.3, the terms of the TIF Note shall govern. The issuance of the TIF Note pursuant and subject to the terms of this Agreement, and the taking by the City of such additional actions as bond counsel for the TIF Note may require in connection therewith, are hereby authorized and approved by the City. 3.4 Compliance with Low and Moderate Income Requirements. (1) The City and the Developer understand and agree that the Tax Increment District will constitute a "housing district" under Section 469.174, Subd. 11 of the Tax Increment Act. Accordingly, in compliance with Section 469.1761, Subd. 3 of the Tax Increment Act, the Developer agrees that the Project must satisfy, or be treated as satisfying, the income requirements for a qualified residential rental project as defined in Section 142(d) of the Internal Revenue Code. The parties further agree that no more than 20% of the square footage of the Project may consist of commercial, retail, or other nonresidential uses. The Developer must meet the above requirements as follows: (a) At least 20% of the residential units in the Project must be occupied or available for occupancy by persons whose incomes do not exceed 50% of the County median income; and (b) The limits described in clause (A) must be satisfied through the Termination Date. Income for occupants of units described in clause (A) shall be adjusted for family size in accordance with Section 142(d) of the Internal Revenue Code and related regulations. (2) On or before each January 15, commencing on January 15, 2028, the Developer or an agent of the Developer must deliver or cause to be delivered to the City a Compliance Certificate executed by the Developer covering the preceding six (6) months together with written evidence satisfactory to the City of compliance with the covenants in this Section. This evidence must include a statement of the household income of each qualifying renter, a written determination that each qualifying renter's household income falls within the qualifying limits of this Section (and Section 142(d) of the Internal Revenue Code), and certification that the income documentation is 7 174244145v1 correct and accurate (and that the determination of qualification was made in compliance with Section 142(d) of the Internal Revenue Code). The City may review, upon request, all documentation supporting the Developer submissions and statements. In determining compliance with this Section, the Developer must use the County median incomes for the year in which the payment is due on the TIF Note, as promulgated by the Minnesota Housing Finance Agency based on the area median incomes established by the United States Department of Housing and Urban Development. 3.5 Real Property Taxes. Prior to the Termination Date, the Developer shall pay all real property taxes due and payable with respect to all and any parts of the Development Property acquired and owned by it until the Developer's obligations have been assumed by any other person pursuant to the provisions of this Agreement. The Developer agrees that, so long as it owns all or any portion of the Development Property, prior to the Termination Date: (1) It will not seek administrative review or judicial review of the applicability of any tax statute relating to the ad valorem properly taxation of real property contained on the Development Property determined by any tax official to be applicable to the Project or the Developer or raise the inapplicability of any such tax statute as a defense in any proceedings with respect to the Development Property, including delinquent tax proceedings; provided, however, "tax statute" does not include any local ordinance or resolution levying a tax; (2) It will not seek administrative review or judicial review of the constitutionality of any tax statute relating to the taxation of real property contained on the Development Property determined by any tax official to be applicable to the Project or the Developer or raise the unconstitutionality of any such tax statute as a defense in any proceedings with respect to the Development Property, including delinquent tax proceedings; provided, however, "tax statute" does not include any local ordinance or resolution levying a tax; (3) It will not seek any tax deferral or abatement, either presently or prospectively authorized under Minnesota Statutes, Section 469.1813, or any other State or federal law, of the ad valorem property taxation of the Development Property between the date of execution of this Agreement and the Termination Date; and (4) It will not seek a reduction in the market value as determined by the County Assessor of the Project or other facilities, if any, that it constructs on the Development Property, pursuant to the provisions of this Agreement, for so long as the TIF Note remains outstanding. 3.6 Conditions for Transfer of Project and Assignment of Agreement. The Developer represents and agrees that prior to the Termination Date the Developer shall not transfer the Project or any part thereof or any interest therein, without the prior written approval of the City. The City shall approve such transfer if the following conditions are met to the City's satisfaction: (1) Any proposed transferee shall have the qualifications and financial responsibility, in the reasonable judgment of the City, necessary and adequate to fulfill the obligations undertaken in this Agreement by the Developer. 174244145v1 (2) Any proposed transferee, by instrument in writing satisfactory to the City shall, for itself and its successors and assigns, and expressly for the benefit of the City, have expressly assumed all of the obligations of the Developer under this Agreement and agreed to be subject to all the conditions and restrictions to which the Developer is subject. (3) All instruments and other legal documents involved in effecting the transfer of any interest in this Agreement or the Project are submitted to the City for review and prior written approval. I 1742441450 ARTICLE 4 EVENTS OF DEFAULT 4.1 Events of Default Defined. The following shall be "Events of Default" under this Agreement and the term "Event of Default" shall mean whenever it is used in this Agreement any one or more of the following events: (1) Failure by the Developer to timely pay any ad valorem real property taxes and special assessments levied against the Development Property and all public utility or other City payments due and owing with respect to the Development Property. (2) Failure by the Developer to cause the construction of the Project to be completed pursuant to the terms, conditions and limitations of this Agreement. (3) Failure of the Developer to observe or perform any other covenant, condition, obligation or agreement on its part to be observed or performed under this Agreement. (4) The holder of any mortgage on the Development Property or any improvements thereon, or any portion thereof, commences foreclosure proceedings as a result of any default under the applicable mortgage documents. (5) If the Developer shall: (a) file any petition in bankruptcy or for any reorganization, arrangement, composition, readjustment, liquidation, dissolution, or similar relief under the United States Bankruptcy Act of 1978, as amended or under any similar federal or state law; or (b) make an assignment for the benefit of its creditors; or (c) admit in writing its inability to pay its debts generally as they become due; or (d) be adjudicated as bankrupt or insolvent; or if a petition or answer proposing the adjudication of the Developer as bankrupt or its reorganization under any present or future federal bankruptcy act or any similar federal or state law shall be filed in any court and such petition or answer shall not be discharged or denied within sixty (60) days after the filing thereof, or a receiver, liquidator or trustee of the Developer, or of the Project, or part thereof, shall be appointed in any proceeding brought against the Developer, and shall not be discharged within sixty (60) days after such appointment, or if the Developer, shall consent to or acquiesce in such appointment. 4.2 Remedies on Default. Whenever any Event of Default referred to in Section 4.1 occurs and is continuing, the City, as specified below, may take any one or more of the following actions after the giving of thirty (30) days' written notice to the Developer, but only if the Event of Default has not been cured within said thirty (30) days: 174244145v1 (1) The City may suspend its performance under this Agreement and the TIF Note until it receives assurances from the Developer, deemed adequate by the City, that the Developer will cure its default and continue its performance under this Agreement. (2) The City may cancel and rescind the Agreement and the TIF Note. (3) The City may take any action, including legal or administrative action, in law or equity, which may appear necessary or desirable to enforce performance and observance of any obligation, agreement, or covenant of the Developer under this Agreement. 4.3 No Remedy Exclusive. No remedy herein 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 default shall impair any such right or power or 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. 4.4 No Implied Waiver. In the event any agreement contained in this Agreement should be breached by any party and thereafter waived by any other party, such waiver shall be limited to the particular breach so waived and shall not be deemed to waive any other concurrent, previous or subsequent breach hereunder. 4.5 Agreement to Pay Attorney's Fees and Expenses. Whenever any Event of Default occurs and the City shall employ attorneys or incur other expenses for the collection of payments due or to become due or for the enforcement or performance or observance of any obligation or agreement on the part of the Developer herein contained, the Developer agrees that it shall, within ten (10) days after written demand therefor, pay to the City the reasonable fees of such attorneys and such other expenses so incurred by the City. 4.6 Indemnification of City. (1) The Developer (a) releases the City and its governing body members, officers, agents, including the independent contractors, consultants and legal counsel, servants and employees (collectively, the "Indemnified Parties") from, (b) covenants and agrees that the Indemnified Parties shall not be liable for, and (c) agrees to indemnify and hold harmless the Indemnified Parties against, any claim, cause of action, suit or liability for 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 or on the Development Property. (2) Except for any willful misrepresentation or any willful or wanton misconduct of the Indemnified Parties, the Developer agrees to protect and defend the Indemnified Parties, now and forever, and further agrees to hold the aforesaid harmless from any claim, demand, suit, action or other proceeding whatsoever by any person or entity whatsoever arising or purportedly arising from the actions or inactions of the Developer (or if other persons acting on its behalf or under its direction or control) under this Agreement, or the transactions contemplated hereby or the acquisition, construction, installation, ownership, and operation of the Project; provided, that this indemnification shall not apply to the warranties made or obligations undertaken by the City in 2 174244145vt this Agreement or to any actions undertaken by the City which are not contemplated by this Agreement but shall, in any event and without regard to any fault on the part of the City, apply to any pecuniary loss or penalty (including interest thereon from the date the loss is incurred or penalty is paid by the City at a rate equal to the Prime Rate) as a result of the Developer operating the Project so that the Tax Increment District does not qualify or ceases to qualify as a "housing district" under Section 469.174, Subdivision 11, of the Act or to violate limitations as to the use of Tax Increments as set forth in Section 469.176, Subdivision 4d. (3) All covenants, stipulations, promises, agreements and obligations of the City contained herein shall be deemed to be the covenants, stipulations, promises, agreements and obligations of the City and not of any governing body member, officer, agent, servant or employee of the City. 3 1742441450 ARTICLE 5 DEVELOPER'S OPTION TO TERMINATE AGREEMENT 5.1 The Developer's Option to Terminate. This Agreement may be terminated by the Developer, if (i) the Developer is in compliance with all material terms of this Agreement and no Event of Default has occurred; and (ii) the City fails to comply with any material term of this Agreement, and, after written notice by the Developer of such failure, the City has failed to cure such noncompliance within ninety (90) days of receipt of such notice, or, if such noncompliance cannot reasonably be cured by the City within ninety (90) days, of receipt of such notice, the City has not provided assurances, reasonably satisfactory to the Developer, that such noncompliance will be cured as soon as reasonably possible. 5.2 Action to Terminate. Termination of this Agreement pursuant to Section 5.1 must be accomplished by written notification by the Developer to the City within sixty (60) days after the date when such option to terminate may first be exercised. A failure by the Developer to terminate this Agreement within such period constitutes a waiver by the Developer of its rights to terminate this Agreement due to such occurrence or event. 5.3 Effect of Termination. If this Agreement is terminated pursuant to this Article V, this Agreement shall be from such date forward null and void and of no further effect; provided, however, the termination of this Agreement shall not affect the rights of either party to institute any action, claim or demand for damages suffered as a result of breach or default of the terms of this Agreement by the other party, or to recover amounts which had accrued and become due and payable as of the date of such termination. Upon termination of this Agreement pursuant to this Article V, the Developer shall be free to proceed with the Project at its own expense and without regard to the provisions of this Agreement; provided, however, that the City shall have no further obligations to the Developer with respect to reimbursement of the expenses set forth in Section 3.3, or to make any further payments on the TIF Note. 174244145v1 ARTICLE 6 ADDITIONAL PROVISIONS 6.1 Restrictions on Use. Until the Termination Date, the Developer agrees for itself, its successors and assigns and every successor in interest to the Development Property, or any part thereof, that the Developer and such successors and assigns shall operate, or cause to be operated, the Project as a multi -family rental housing facility and shall devote the Development Property to, and in accordance with, the uses specified in this Agreement. 6.2 Conflicts of Interest. No member of the governing body or other official of the City shall have any financial interest, direct or indirect, in this Agreement, the Development Property or the Project, or any contract, agreement or other transaction contemplated to occur or be undertaken thereunder or with respect thereto, nor shall any such member of the governing body or other official participate in any decision relating to the Agreement which affects his or her personal interests or the interests of any corporation, partnership or association in which he or she is directly or indirectly interested. No member, official or employee of the City shall be personally liable to the City in the event of any default or breach by the Developer or successor or on any obligations under the terms of this Agreement. 6.3 Titles of Articles and Sections. Any titles of the several parts, articles and sections of the Agreement are inserted for convenience of reference only and shall be disregarded in construing or interpreting any of its provisions. 6.4 Notices and Demands. Except as otherwise expressly provided in this Agreement, a notice, demand or other communication under this Agreement by any party to any other shall be sufficiently given or delivered if it is dispatched by registered or certified mail, postage prepaid, return receipt requested, or delivered personally, and (1) in the case of the Developer is addressed to or delivered personally to: Hutchinson — The Landing, LLC Attention: Andrew Martin 3345 West St. Germain Street St. Cloud, MN 56301 (2) in the case of the City is addressed to or delivered personally to the City at: City of Hutchinson, Minnesota Attention: City Administrator 111 Hassan St. SE Hutchinson, MN 55350 174244145v1 with a copy to: Taft Stettinius & Hollister LLP Attention: Mary Ippel 2200 IDS Center 80 South 8th Street Minneapolis, MN 55402 or at such other address with respect to any such party as that party may, from time to time, designate in writing and forward to the other, as provided in this Section. 6.5 Counterparts. This Agreement may be executed in any number of counterparts, each of which shall constitute one and the same instrument. 6.6 Law Governing. This Agreement will be governed and construed in accordance with the laws of the State. 6.7 Expiration. This Agreement shall expire on the Termination Date. 6.8 Provisions Surviving Rescission or Expiration. Sections 4.5 and 4.6 shall survive any rescission, termination or expiration of this Agreement with respect to or arising out of any event, occurrence or circumstance existing prior to the date thereof. 6.9 Assignment of TIF Note. The TIF Note may only be assigned pursuant to the terms of the TIF Note and with the written consent of the City, which shall not be unreasonably withheld. I 174244145v1 IN WITNESS WHEREOF, the City has caused this Agreement to be duly executed in its name and on its behalf and the Developer has caused this Agreement to be duly executed on its behalf, on or as of the date first above written. CITY OF HUTCHINSON, MINNESOTA By Its Mayor By Its Administrator This is a signature page to the TIF Development Agreement by and between the City of Hutchinson, Minnesota and Hutchinson — The Landing, LLC. S-1 174244145v1 HUTCHINSON — THE LANDING, LLC By Its This is a signature page to the TIF Development Agreement by and between the City of Hutchinson, Minnesota and Hutchinson — The Landing, LLC. S-2 174244145v1 EXHIBIT A DESCRIPTION OF DEVELOPMENT PROPERTY Property located in the City of Hutchinson, McLeod County, Minnesota with the following parcel identification number: 23-056-2880 23-056-2890 23-056-2900 A-1 174244145vl No. R-1 EXHIBIT B FORM OF TIF NOTE UNITED STATES OF AMERICA STATE OF MINNESOTA COUNTY OF MCLEOD CITY OF HUTCHINSON TAX INCREMENT REVENUE NOTE (LANDING PROJECT) The City of Hutchinson, Minnesota (the "City"), herebyacknowledges itself to be indebted and, for value received, hereby promises to pay the amounts hereinafter described (the "Payment Amounts") to Hutchinson The Landing, LLC (the "Developer") or its registered assigns (the "Registered Owner"), but only in the manner, at the times, from the sources of revenue, and to the extent hereinafter provided. The principal amount of this Note shall equal from time to time the principal amount stated above, as reduced to the extent that such principal installments shall have been paid in whole or in part pursuant to the terms hereof, provided that the sum of the principal amount listed above shall in no event exceed $1,287,000 as provided in that certain TIF Development Agreement, dated as of , 2025, as the same may be amended from time to time (the "TIF Development Agreement"), by and between the City and the Developer. The unpaid principal amount hereof shall bear simple non -compounding interest from the date of issuance at 6.00% per annum. Interest shall be computed on the basis of a 360-day year consisting of twelve (12) 30-day months. The amounts due under this Note shall be payable on August 1, 2027, and on each February 1 and August 1 thereafter to and including February 1, 2053, or, if the first should not be a Business Day (as defined in the TIF Development Agreement), the next succeeding Business Day (the "Payment Dates"). On each Payment Date the City shall pay by check or draft mailed to the person that was the Registered Owner of this Note at the close of the last business day of the City preceding such Payment Date an amount equal to the Tax Increments (hereinafter defined) received by the City during the six-month period preceding such Payment Date. All payments made by the City under this Note shall first be applied to accrued interest and then to principal.. This Note is prepayable by the City, in whole or in part, on any date. The Payment Amounts due hereon shall be payable solely from 90% of tax increments (the "Tax Increments") from the Development Property (as defined in the TIF Development Agreement) within the City's Tax Increment Financing District No. 4-24 (the "Tax Increment District") within its Municipal Development District No. 4 which are paid to the City and which the City is entitled to retain pursuant to the provisions of Minnesota Statutes, Sections 469.174 through 469.1794, as the same may be amended or supplemented from time to time (the "Tax M. 174244145v1 Increment Act"). This Note shall terminate and be of no further force and effect following the last Payment Date defined above, on any date upon which the City shall have terminated the TIF Agreement under Section 4.2(2) thereof, the Developer shall have terminated the TIF Agreement under Article V thereof, the date the Tax Increment District is terminated, or on the date that all principal payable hereunder shall have been paid in full, whichever occurs earliest. The City makes no representation or covenant, expressed or implied, that the Tax Increments will be sufficient to pay, in whole or in part, the amounts which are or may become due and payable hereunder. The City's payment obligations hereunder shall be further conditioned on the fact that no Event of Default under the TIF Development Agreement shall have occurred and be continuing at the time payment is otherwise due hereunder, but such unpaid amounts shall become payable if said Event of Default shall thereafter have been cured; and, further, if pursuant to the occurrence of an Event of Default under the TIF Development Agreement the City elects to cancel and rescind the TIF Development Agreement, the City shall have no further debt or obligation under this Note whatsoever. Reference is hereby made to all of the provisions of the TIF Development Agreement, including without limitation Section 3.3 thereof, for a fuller statement of the rights and obligations of the City to pay the principal of this Note, and said provisions are hereby incorporated into this Note as though set out in full herein. This Note is a special, limited revenue obligation and not a general obligation of the City and is payable by the City only from the sources and subject to the qualifications stated or referenced herein. This Note is not a general obligation of the City, and neither the full faith and credit nor the taxing powers of the City are pledged to the payment of the principal of this Note and no property or other asset of the City, save and except the above -referenced Tax Increments, is or shall be a source of payment of the City's obligations hereunder. This Note is issued by the City in aid of financing a project pursuant to and in full conformity with the Constitution and laws of the State of Minnesota, including the Tax Increment Act. This Note may be assigned only with the consent of the City. which consent shall not be unreasonably withheld. In order to assign the Note, the assignee shall surrender the same to the City either in exchange for a new fully registered note or for transfer of this Note on the registration records for the Note maintained by the City. Each permitted assignee shall take this Note subject to the foregoing conditions and subject to all provisions stated or referenced herein. IT IS HEREBY CERTIFIED AND RECITED that all acts, conditions, and things required by the Constitution and laws of the State of Minnesota to be done, to have happened, and to be performed precedent to and in the issuance of this Note have been done, have happened, and have been performed in regular and due form, time, and manner as required by law; and that this Note, together with all other indebtedness of the City outstanding on the date hereof and on the date of its actual issuance and delivery, does not cause the indebtedness of the City to exceed any constitutional or statutory limitation thereon. 174244145vl IN WITNESS WHEREOF, City of Hutchinson, Minnesota, by its City Council, has caused this Note to be executed by the manual signatures of its Mayor and Administrator and has caused this Note to be dated as of , 20 Administrator Mayor DO NOT EXECUTE UNTIL PAID INVOICES, A SETTLEMENT STATEMENT OR OTHER EVIDENCE OF PAYMENT FOR THE CONSTRUCTION OF THE PROJECT ARE GIVEN TO THE CITY - REFER TO SECTION 3.3(1). C 174244145v1 CERTIFICATION OF REGISTRATION It is hereby certified that the foregoing Note was registered in the name of Hutchinson — The Landing, LLC, and that, at the request of the Registered Owner of this Note, the undersigned has this day registered the Note in the name of such Registered Owner, as indicated in the registration blank below, on the books kept by the undersigned for such purposes. NAME AND ADDRESS OF DATE OF SIGNATURE OF REGISTERED OWNER REGISTRATION ADMINISTRATOR Hutchinson — The Landing, LLC Attn: Andrew Martin 3345 W. St. Germain St. St. Cloud, MN 56301 ME 174244145v1 EXHIBIT C COMPLIANCE CERTIFICATE The undersigned Hutchinson — The Landing, LLC, does hereby certify that as of the date of this Certificate and for the previous six (6) months prior to the execution of this Certificate not less than 20% of the residential units in the Hutchinson — The Landing, LLC project located at [ in Hutchinson, Minnesota (the "Project") were occupied or available for occupancy by individuals whose income is 50% or less of the McLeod County median income Dated this day of , 20 HUTCHINSON — THE LANDING, LLC By Its [Attach income verification required by Section 3.41 C-1 174244145v1 HUTCHINSON — THE LANDING, LLC By Its This is a signature page to the TIF Development Agreement by and between the City of Hutchinson, Minnesota and Hutchinson — The Landing, LLC. S-2 174244145vl EXTRACT OF MINUTES OF A MEETING OF THE CITY COUNCIL OF THE CITY OF HUTCHINSON, MINNESOTA HELD: SEPTEMBER 9, 2025 Pursuant to due call and notice thereof, a regular or special meeting of the City Council of the City of Hutchinson, McLeod County, Minnesota, was duly called and held at the City Hall, on September 9, 2025, at 5:30 P.M. The following members of the Council were present: and the following were absent: Member adoption: introduced the following resolution and moved its RESOLUTION NO. 15908 RESOLUTION APPROVING THE ADOPTION OF A MODIFICATION OF A DEVELOPMENT PROGRAM FOR MUNICIPAL DEVELOPMENT DISTRICT NO. 4; ESTABLISHING TAX INCREMENT FINANCING DISTRICT NO. 4-24 WITHIN MUNICIPAL DEVELOPMENT DISTRICT NO. 4; APPROVING THE TAX INCREMENT FINANCING PLAN THEREFOR; AUTHORIZING AN INTERFUND LOAN FOR TAX INCREMEMNT FINANCING DISTRICT NO. 4-24; AUTHORIZING EXECUTION OF A DEVELOPMENT AGREEMENT; APPROVING THE ELIMINATION OF A PARCEL FROM TAX INCREMNT FINANCING DISTRCIT NO. 4-16 WITHIN MUNICIPAL DEVELOPMENT DISTRICT NO. 4; AND AUTHORIZING THE FORGIVENESS OF AN INTERFUND LOAN FOR TAX INCREMENT FINANCING DISTRICT NO. 4-16 A. WHEREAS, it has been proposed that the City of Hutchinson, Minnesota (the "City") (1) modify the development program (the "Development Program") for Municipal Development District No. 4 (the "Development District") (2) establish Tax Increment Financing District No. 4-24 therein (the "TIF District No. 4-24"); (3) approve and adopt the proposed Tax Increment Financing Plan therefor under the provisions of Minnesota Statutes, Sections 469.174 to 469.1794, as amended (the "Act"); (4) authorize an Interfund Loan (hereinafter defined) for the TIF District No. 4-24; (5) authorize the execution of a development agreement; (6) approve the elimination of a parcel from Tax Increment Financing District No. 4-16 ("TIF District No. 4-16") located within the Development District, which is proposed to be included in the TIF District No. 4-24; and (7) forgive the outstanding balance of an Interfund Loan for TIF District No. 4-16. B. WHEREAS, the City Council has investigated the facts and has caused to be prepared a Modification to the Development Program for the Development District (the "Development Program Modification") and has caused to be prepared a proposed tax increment financing plan for the TIF District No. 4-24 therein (the "TIF Plan"); and 176102042v1 C. WHEREAS, the City has performed all actions required by law to be performed prior to the establishment of the TIF District No. 4-24 and the adoption of the Development Program Modification and TIF Plan therefor, including, but not limited to, notification of McLeod County and Hutchinson Public Schools District No. 423 having taxing jurisdiction over the property to be included in the TIF District No. 4-24, and the holding of a public hearing upon published and mailed notice as required by law; and D. WHEREAS, the City has heretofore created its TIF District 4-16 within the Development District by approval of a tax increment financing plan (the "District 4-16 TIF Plan"); and E. WHEREAS, the City proposes to eliminate one parcel, identified as 23-056-2880 (the "Parcel"), from TIF District No. 4-16; and F. WHEREAS, the City proposes by this resolution to amend the TIF District No. 4- 16 TIF Plan to remove the Parcel from TIF District No. 4-16 thereby reducing the size thereof in order to include the Parcel in the TIF District No. 4-24; and G. WHEREAS, since the original net tax capacity of TIF District No. 4-16 will be reduced by no more than the current net tax capacity of the Parcel to be eliminated from TIF District No. 4-16, the holding of a public hearing is not required by Minnesota Statutes, Section 469.175, Subd. 4; and H. WHEREAS, the City approved an interfund loan (the "District No. 4-16 Interfund Loan") in the amount of $900,000 from the City's Development District No. 5 (Shopko District) to pay for certain costs identified in the District No. 4-16 TIF Plan; and L WHEREAS, the District No. 4-16 Interfund Loan is outstanding in the amount of $324,005.50 and the City has determined to forgive the outstanding principle amount and accrued interest on the District No. 4-16 Interfund Loan; and L WHEREAS, Hutchinson — The Landing, LLC (the "Developer") has requested the City to assist with the financing of certain costs incurred in connection with the construction of a 81-unit residential rental housing facility (the "Project"), to be located in TIF District No. 4-24; and J. WHEREAS, the Developer and the City have determined to enter into a Development Agreement providing for the City's tax increment financing assistance for Project (the "Development Agreement"). NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Hutchinson follows: 1. Development District No. 4. The City is not modifying the boundaries of the Development District. 2 176102042v1 2. Development Program Modification. The Modification to the Development Program for the Development District, a copy of which is on file in the office of the City Clerk, is adopted. 3. Tax Increment Financing District No. 4-24. There is hereby established in the City within the Development District, Tax Increment Financing District No. 4-24, a housing tax increment financing district, the initial boundaries of which are fixed and determined as described in the TIF Plan. 4. Tax Increment Financing Plan. The TIF Plan is adopted as the tax increment financing plan for the TIF District No. 4-24, and the City Council makes the following findings: (a) The TIF District No. 4-24 is a housing district as defined in Minnesota Statutes, Section 469.174, Subd. 11, the specific basis for such determination is set forth in Appendix C of the TIF Plan. (b) The proposed development, in the opinion of the City Council, would not reasonably be expected to occur solely through private investment within the reasonably foreseeable future. The reasons for such determination are set forth in Appendix C of the TIF Plan. (c) The TIF Plan for the TIF District No. 4-24 conforms to the general plan for development or redevelopment of the City as a whole. The reasons for supporting this finding are set forth in Appendix C of the TIF Plan. (d) The TIF Plan will afford maximum opportunity, consistent with the sound needs of the City as a whole, for the development or redevelopment of the Development District by private enterprise. The reasons supporting this finding are set forth in Appendix C of the TIF Plan. 5. Public Purpose. The adoption of the TIF Plan for the TIF District No. 4-24 within the Development District conforms in all respects to the requirements of the Act and will help fulfill a need to develop an area of the State which is already built up to provide safe, decent, sanitary housing for residents of the City, to improve the tax base and to improve the general economy of the State and thereby serves a public purpose. 6. Certification. The McLeod County Auditor -Treasurer is requested to certify the original net tax capacity of the TIF District No. 4-24 as described in TIF Plan, and to certify in each year thereafter the amount by which the original net tax capacity has increased or decreased in accordance with the Act; and the City Clerk is authorized and directed to forthwith transmit this request to the County Auditor -Treasurer in such form and content as the Auditor may specify, together with a list of all properties within the TIF District No. 4-24 for which building permits have been issued during the 18 months immediately preceding the adoption of this Resolution. 7. Filing. The City Clerk is further authorized and directed to file a copy of the Development Program Modification and TIF Plan for the TIF District No. 4-24 with the Commissioner of Revenue and the Office of the State Auditor. 176102042v1 8. Administration. The administration of the Development District is assigned to the City Clerk who shall from time to time be granted such powers and duties pursuant to Minnesota Statutes, Sections 469.130 and 469.131 as the City Council may deem appropriate. 9. TIF 4-24 Interfund Loan. The City has determined that it may pay for certain costs (the "Qualified Costs") identified in the TIF Plan which costs may be financed on a temporary basis from the City's general fund or any other fund from which such advances may be legally made (the "Fund"). Under Minnesota Statutes, Section 469.178, Subd. 7, the City is authorized to advance or loan money from the Fund in order to finance the Qualified Costs. The City intends to reimburse itself for the payment of the Qualified Costs, plus interest thereon, from tax increments derived from the TIF District No. 4-24 in accordance with the following terms (which terms are referred to collectively as the "Interfund Loan"): (a) The City shall repay to the Fund from which the Qualified Costs are initially paid, the principal amount of $447,457 (or, if less, the amount actually paid from such fund) together with interest at 4.00% per annum (which is not more than the greater of (i) the rate specified under Minnesota Statutes, Section 270C.40, or (ii) the rate specified under Minnesota Statutes, Section 549.09) from the date of the payment. (b) Principal and interest on the Interfund Loan ("Payments") shall be paid annually on each December 31 commencing with the date the tax increments from the TIF District No. 4-24 are available and not otherwise pledged to and including the earlier of (a) the date the principal and accrued interest of the Interfund Loan is paid in full, or (b) the date of last receipt of tax increment from the TIF District No. 4-24 ("Payment Dates") which Payments will be made in the amount and only to the extent of available tax increments. Payments shall be applied first to accrued interest, and then to unpaid principal. (c) Payments on the Interfund Loan are payable solely from the tax increment generated in the preceding twelve (12) months with respect to the TIF District No. 4-24 and remitted to the City by McLeod County, all in accordance with Minnesota Statutes, Sections 469.174 to 469.1794, as amended. Payments on this Interfund Loan are subordinate to any outstanding or future bonds, notes or contracts secured in whole or in part with tax increment, and are on parity with any other outstanding or future interfund loans secured in whole or in part with tax increments. (d) The principal sum and all accrued interest payable under this Interfund Loan are pre -payable in whole or in part at any time by the City without premium or penalty. No partial prepayment shall affect the amount or timing of any other regular payment otherwise required to be made under this Interfund Loan. (e) The Interfund Loan is evidence of an internal borrowing by the City in accordance with Minnesota Statutes, Section 469.178, Subd. 7, and is a limited obligation payable solely from tax increment pledged to the payment hereof under this resolution. The Interfund Loan and the interest hereon shall not be deemed to constitute a general obligation of the State of Minnesota or any political subdivision thereof, including, without limitation, the City. Neither the State of Minnesota, nor any political subdivision thereof shall be obligated to pay the principal of or interest on the Interfund Loan or other costs incident hereto except out of tax increment, and neither the 4 176102042v1 full faith and credit nor the taxing power of the State of Minnesota or any political subdivision thereof is pledged to the payment of the principal of or interest on the Interfund Loan or other costs incident hereto. The City shall have no obligation to pay any principal amount of the Interfund Loan or accrued interest thereon, which may remain unpaid after the termination of the TIF District No. 4-24. (f) The City may amend the terms of the Interfund Loan at any time by resolution of the City Council, including a determination to forgive the outstanding principal amount and accrued interest to the extent permissible under law. 10. Removal of Parcel from District No. 4-16. The District No. 4-16 TIF Plan for TIF District No. 4-16 is hereby amended to remove the Parcel and the City Clerk is authorized and directed to notify the McLeod County Auditor -Treasurer pursuant to Minnesota Statutes 469.175, Subdivision 4, clause (e). 11. TIF 4-16 Interfund Loan. The City determines to forgive the outstanding principal amount and accrued interest on the District No. 4-16 Interfund Loan. 12. Development Agreement. (a) The Council hereby approves the Development Agreement in substantially the form submitted, and the Mayor and the City Administrator are hereby authorized and directed to execute the Development Agreement on behalf of the Council. (b) The approval hereby given to the Development Agreement includes approval of such additional details therein as may be necessary and appropriate and such modifications thereof, deletions therefrom and additions thereto as may be necessary and appropriate and approved by the City officials authorized by this resolution to execute the Development Agreement. The execution of the Development Agreement by the appropriate officer or officers of the City shall be conclusive evidence of the approval of the Development Agreement in accordance with the terms hereof. The motion for adoption of the foregoing resolution was duly seconded by member and, after full discussion thereof, and upon a vote being taken thereof, the following voted in favor thereof: and the following voted against same: Adopted this 9th day of September, 2025. Mayor Attest: City Clerk 176102042v1 STATE OF MINNESOTA COUNTY OF MCLEOD CITY OF HUTCHINSON I, the undersigned, being the duly qualified and acting City Clerk of the City of Hutchinson, Minnesota, DO HEREBY CERTIFY that I have compared the attached and foregoing extract of minutes with the original thereof on rile in my office, and that the same is a full, true and complete transcript of the minutes of a meeting of the City Council of said City, duly called and held on the date therein indicated, insofar as such minutes relate to the modification of the Development Program for Municipal Development District No. 4, establishment of Tax Increment Financing District No. 4-24 in the City, authorization of an interfund loan, authorization of execution of a development agreement, and the removal of a parcel from Tax Increment Financing District No 4- 16. WITNESS my hand as such City Clerk of the City Council of the City of Hutchinson, Minnesota this day of September, 2025. City Clerk 6 176102042v1 RA HUTCHINSON CITY COUNCIL HUTCHINSON Request for Board Action A CITY ON PURPOSE. SECOND READING AND ADOPTION OF ORDINANCE FOR THE SALE OF Agenda Item: MUNICIPALLY OWNED REAL PROPERTY Department: EDA LICENSE SECTION Meeting Date: 9/9/2025 Application Complete N/A Contact: Miles R. Seppelt Agenda Item Type: Presenter: Miles R. Seppelt Reviewed by Staff ❑ Unfinished Business Time Requested (Minutes): 5 License Contingency N/A Attachments: Yes BACKGROUND/EXPLANATION OFAGENDA ITEM: Preparations are continuing for the redevelopment of the old medical clinic site located at 126 Franklin Street North. This past Spring, the City distributed a Request for Proposals (RFP) to developers inviting them to submit ideas for redeveloping the site. As an incentive, the winning developer would be able to purchase the site for $1. CG Real Estate Partners of St. Cloud submitted the proposal deemed to be the in the best interests of the City and the best fit for the site. Their proposal calls for the development of an 81-unit market rate apartment complex on the site with construction projected to begin this fall. The first reading of the ordinance to sell municipally owned real property was at the August 26th City Council meeting. This action is the Second Reading and Adoption required to complete the process. The ordinance and purchase agreement are ATTACHED for your review. Staff will be on hand at the council meeting to provide additional information and answer any questions you may have. In the meantime, if you have any questions or need additional information, please give me a call anytime at 234-4223. BOARD ACTION REQUESTED: Second reading and adoption of ordinance; authorization for Mayor & City Administrator to sign necessary documents to complete sale of property Fiscal Impact: Funding Source: Planning dollars FTE Impact: Budget Change: New Bu Included in current budget: No PROJECT SECTION: Total Project Cost: Total City Cost: Funding Source: Remaining Cost: $ 0.00 Funding Source: ORDINANCE NO. 25-858 PUBLICATION NO. AN ORDINANCE OF THE CITY OF HUTCHINSON, MINNESOTA, AUTHORIZING THE SALE OF MUNICIPALLY OWNED REAL PROPERTY THE CITY OF HUTCHINSON ORDAINS: Section 1. That the municipally owned real property legally described as follows: A. Lots 1, 2, 3, 4, 5, Block 41, North Half Hutchinson B. W '/2 of Lots 6-7, Block 41, North Half Hutchinson C. E'/2 of Lots 6-7, Block 41, North Half Hutchinson for good and valuable consideration is hereby transferred and conveyed to Hutchinson — The Landing, LLC or its successor or assigns as agreed upon in the purchase agreement. Section 2. The City Administrator, Matthew Jaunich, or his designee is authorized to sign any and all documents on behalf of the City to effectuate the closing of this transaction. Section 3. This ordinance shall take effect upon its adoption and publication. Adopted by the City Council this 9tn day of September, 2025. Gary T. Forcier Mayor ATTEST: Matthew Jaunich City Administrator RA HUTCHINSON CITY COUNCIL HUTCHINSON Request for Board Action A CITY ON PURPOSE. 2nd Reading - Consideration of an Ordinance of the City of Hutchinson, Minnesota Agenda Item: vacating the alley located near 126 Franklin St NW. Department: Planning LICENSE SECTION Meeting Date: 9/9/2025 Application Complete N/A Contact: Dan Jochum Agenda Item Type: Presenter: Dan Jochum Reviewed by Staff Unfinished Business Time Requested (Minutes): 5 License Contingency N/A Attachments: Yes BACKGROUND/EXPLANATION OFAGENDA ITEM: As the Planning Commission is aware, City Staff has been working with a developer to redevelop the old Medical Center site into an apartment complex. The City Council approved a preliminary and final plat for the subject property in July 2025. That plat eliminated the alley, which is no longer needed, thus the request to vacate the alley. Nobody from the Public spoke regarding this request. The Planning Commission did not have any questions regarding this request. The Planning Commission voted unanimously (6-0) to recommend approval of this request. BOARD ACTION REQUESTED: Approval of 2nd reading of ordinance to vacate alley. Fiscal Impact: Funding Source: FTE Impact: Budget Change: New Bu Included in current budget: No PROJECT SECTION: Total Project Cost: Total City Cost: Funding Source: N/A Remaining Cost: $ 0.00 Funding Source: N/A PUBLICATION NO. ORDINANCE NO. 25-859 AN ORDINANCE OF THE CITY OF HUTCHINSON, MINNESOTA VACATING THE ALLEY IN BLOCK 41, NORTH HALF HUTCHINSON THE CITY COUNCIL OF THE CITY OF HUTCHINSON, MINNESOTA ORDAINS: Section 1. Notice of hearing was duly given and publication of said hearing was duly made and was made to appear to the satisfaction of the City Council that it would be in the best interests of the City to vacate the alley located in Block 41, North Half Hutchinson. Section 2. That the alley to be vacated is described as follows: All of the alley in Block 41, as dedicated in the plat, North Half of Hutchinson, according to the plat thereof on file and of record in the office of the County Recorder, McLeod County, Minnesota. Section 3. This ordinance shall take effect from and after passage and publication. Adopted by the City Council this 9t1i day of September, 2025. ATTEST: Matthew Jaunich Gary T. Forcier City Administrator Mayor u FIRM HUTCHINSON A CITY ON PURPOSE. DIRECTORS REPORT - PLANNING DEPARTMENT To: Hutchinson Planning Commission From: Dan 7ochum, AICP and City of Hutchinson Planning Staff Date: August 19, 2025 Application: Consideration of an Ordinance of the City of Hutchinson, Minnesota vacating the alley located near 126 Franklin St NW. Applicant: City of Hutchinson VACATION OF ALLEY: " Indicates property described in this notice 145 135 125 126 z LU J 1 145 135 ¢ L 1STAVE NW GENERAL INFORMATION Applicable Regulations: Section 13.05 Vacation of Streets - City Charter Brief Description: As the Planning Commission is aware, City Staff has been working with a developer to redevelop the old Medical Center site into an apartment complex. The City Council approved a preliminary and final plat for the subject property in July 2025. That plat eliminated the alley, which is no longer needed, thus the request to vacate the alley. Recommendation: 1. Vacate Alley. RA HUTCHINSON CITY COUNCIL HUTCHINSON Request for Board Action A CITY ON PURPOSE. 2nd Reading - Consideration of an Ordinance of the City of Hutchinson, Minnesota Agenda Item: vacating a sanitary sewer easement located at 126 Franklin St NW. Department: Planning LICENSE SECTION Meeting Date: 9/9/2025 Application Complete N/A Contact: Dan Jochum Agenda Item Type: Presenter: Dan Jochum Reviewed by Staff Unfinished Business Time Requested (Minutes): 5 License Contingency N/A Attachments: Yes BACKGROUND/EXPLANATION OFAGENDA ITEM: The City of Hutchinson is requesting to vacate an easement for a sanitary sewer that is located on lot 3, block 41, north half City of Hutchinson. As part of the proposed Landing Apartment project the Sanitary Sewer will be rerouted. The Plat that was approved for the Landing Project in July of 2025 has a new easement for the proposed new sanitary sewer line. The legal description of the area to be vacated is as follows: A right-of-way easement 10 feet wide over and across Lot 3, Block 41, North half for a distance of 132 feet, City of Hutchinson, McLeod County, Minnesota. Nobody from the public spoke regarding this request. The Planning Commission voted unanimously (6-0) to recommend approval of this request. BOARD ACTION REQUESTED: Approval of 2nd reading of ordinance. Fiscal Impact: Funding Source: FTE Impact: Budget Change: New Bu Included in current budget: No PROJECT SECTION: Total Project Cost: Total City Cost: Funding Source: N/A Remaining Cost: $ 0.00 Funding Source: N/A PUBLICATION NO. ORDINANCE NO. 25-860 AN ORDINANCE OF THE CITY OF HUTCHINSON, MINNESOTA VACATING THE RIGHT-OF-WAY (SANITARY SEWER) EASEMENT LOCATED AT 126 FRANKLIN ST. NW THE CITY COUNCIL OF THE CITY OF HUTCHINSON, MINNESOTA ORDAINS: Section 1. Notice of hearing was duly given and publication of said hearing was duly made and was made to appear to the satisfaction of the City Council that it would be in the best interests of the City to vacate the Right-of-way (sanitary sewer) easement located on 126 Franklin St NW, Hutchinson. Section 2. That the easement to be vacated is described as follows: The legal description of the area to be vacated is as follows: A right-of-way easement 10 feet wide over and across Lot 3, Block 41, North half for a distance of 132 feet, City of Hutchinson, McLeod County, Minnesota. Section 3. This ordinance shall take effect from and after passage and publication. Adopted by the City Council this 9t1i day of September, 2025. ATTEST: Matthew Jaunich Gary T. Forcier City Administrator Mayor u HUTCHINSON A CITY ON PURPOSE. DIRECTORS REPORT - PLANNING DEPARTMENT To: Hutchinson Planning Commission From: Dan 7ochum, AICP and City of Hutchinson Planning Staff Date: August 19, 2025 Application: Consideration of an Ordinance of the City of Hutchinson, Minnesota vacating a sanitary sewer easement located at 126 Franklin St NW. Applicant: City of Hutchinson Vacation of Easements The City of Hutchinson is requesting to vacate an easement for a sanitary sewer that is located on lot 3, block 41, north half City of Hutchinson. As part of the proposed Landing Apartment project the Sanitary Sewer will be rerouted. The Plat that was approved for the Landing Project in July of 2025 has a new easement for the proposed new sanitary sewer line. The legal description of the area to be vacated is as follows: A right-of-way easement 10 feet wide over and across Lot 3, Block 41, North half for a distance of 132 feet, City of Hutchinson, McLeod County, Minnesota. Applicable Regulations: City Charter Section 13.05 Vacation: Section 13.05 of the City Charter states: "A majority of the council may by resolution vacate any street, alley or any public grounds within the city. Such vacation may be made only after published notice and an opportunity of affected property owners and public to be heard, and upon such further terms and by such procedure as is prescribed in MN Stat 412.851, and which the council by resolution may prescribe. A notice of completion of such proceedings shall be filed with the proper county officers in accordance with law." Recommendation: Staff recommends approval of the vacation and release of easement as described in the vacation of easement legal description. Library Board Meeting June 23, 2025 Library Meeting Room Members present: Dianne Wanzek, Margaret Hoffman, Julie Lofdahl, Sue Griep Ex—Officio: KatyHiltner Members absent: Carolyn Ulrich, Mary Christensen, Tim Burley Old Business City Street Project The project is underway. The brickwork is scheduled to be done on Wednesday, weather permitting. The front door will be closed that day with patrons directed to enter the emergency door by the adult section. The library will be closed at 6:00 PM that day, and the library will need to be closed for one day after the brick is installed. The contractors will schedule another half -day to do an acid wash. Launch of Summer Reading Program The program is off to a great start with the following numbers: 408 children, 58 teens, 60+ adults. Elisabeth reported that many signed up when she participated in a Community Day at the Rec. Center. In total, 44 children and 1 teen signed up for the summer reading program at the Communty Day event. New Circulation Items Board games and video games are now available for checkout. Program Reminders 1. Jay Grammond Photography will do a presentation on June 25 at the Event Center at 10:30 A.M. 2. "A Century of Games", Monday, June 30, 4:00-7:30 in the meeting room (games from 1920s-30s). Program Reports 1. Children's Programming- The first Stories in the Park took place in Northwoods Park, other activities were available too. 2. Teen Gaming — 9 teens participated in the first event in June. 3. DNR Storytime —130 attendees enjoyed a presentation on bats at Northwoods Park. 4. Climb Theater —100 attendees enjoyed their performance at the Event Center. This was a Legacy Program. Coming Up 1. "A Century of Games" will start on Monday, followed by more in July and August. 2. We will have our first Escape Room (Fairytales Escape) this Friday and Saturday. All 48 one hour slots are filled. We will have another one in July, and also in August. 3. 4-H will present a program on "Your Amazing Brain" for Stories in the Park at the fairgrounds on July 10. General Programming 1. After the presentation on bats, Savannah Stephenson presented a Nature Table from 12:30-2:30 with 50 stopping by to talk with her. 2. The first "Voices from History Past" was presented on June 20 at The Depot. Kay Voigt and Tim Fallon did a presentation on trains. There were 23 in attendance. New Business July Calendar of Events 1. Stories in the Parks will feature guest readers which includes: Dairy Princesses, Water Carnival Royalty, and Naturalist Rachel Cooley. 2. Another Escape Room is planned in July. 3. "A Century of Games" will be held on: A. July 10, 2:00-5:30, 1940s-50s B. July 14, 10:00-1:30, 1960s-70s C. July 31, 4:00-7:30, 1980s-90s Bonus Activity, Riversong Coloring Contest Coloring contest forms were distributed at local schools and are available at the library. There will be winners in two different age groups. Holiday Closure The library will be closed on Friday, July 4 in observance of the holiday. Our next meeting will be held on July 28, 2025. Respectfully submitted, Sue Griep u HUTCHINSON A CITY ON PURPOSE. MINUTES HUTCHINSON PLANNING COMMISSION Tuesday, April 15, 2025 5:30 p.m. 1. CALL TO ORDER 5:30 P.M. The April 15, 2025 Planning Commission meeting was called to order by Chairman Fahey at 5:30 p.m. Members in bold were present Chairman Fahey, Vice Chairman Hacker, Commissioner Garberg, Commissioner Zuidema, Commissioner Sebesta, and Commissioner Janssen, Commissioner Kosek. Also present were Dan Jochum, City Planner, Mike Stifter, City Public Works Director, Justin Black, City Engineer, Marc Sebora, City Attorney, Andrea Schwartz, City of Hutchinson Planning and Building Specialist, Rozanne Johnson, City of Hutchinson Planning and Building Assistant. 2. PLEDGE OF ALLEGIANCE 3. CONSENT AGENDA A. CONSIDERATION OF MINUTES DATED March 18, 2025. Motion by Commissioner Hacker to approve March 18, 2025 meeting minutes. Second by Commissioner Sebesta. Motion approved. 4. PUBLIC HEARING A. CONSIDERATION OF A LOT SPLIT LOCATED AT 216 4T" AVE SW. Dan Jochum, City Planner addressed the Commission and gave a brief overview of the project. Mr. Jochum then covered the staff report. Motion by Commissioner Janssen, second by Commissioner Sebesta to close the hearing at 5:34 p.m. Motion by Commissioner Garberg to approve the Lot Split with 2 staff recommendations. Second by Commissioner Zuidema. Item will be on City Council consent agenda on 04/22/25. B. CONSIDERATION OF A FINAL PLAT FOR BERGS PROPERIES LOCATED AT 628 LYNN RD SW. Minutes Hutchinson Planning Commission April 15, 2025 Page 2 Dan Jochum, City Planner addressed the Commission and gave a brief overview of the project. Mr. Jochum then covered the staff report. Janssen, will new property have a Miller Ave address, Mr. Jochum answered that the yes the new address will be Miller. It was also asked if the garage on the new lot will stay or be removed. It will be removed. Motion by Commissioner Zuidema, second by Commissioner Hacker to close the hearing at 5:41 p.m. Motion by Commissioner Hacker to approve the Final Plat, with 4 staff recommendations. Second by Commissioner Janssen. Item will be on City Council consent agenda on 04/22/25. C. CONSIDERATION OF A FINAL PLAT FOR ELK RIDGE ESTATES. Dan Jochum, City Planner addressed the Commission and gave a brief overview of the project. Mr. Jochum then covered the staff report. Garberg, pond and strip easement, is this City? No, what will be done with mowing on this area, Mike — City will mow one or 2 time to keep invasive out. Janssen asked question about grading on outlot b for utilities in future. Mr. Reiner will do grading now for phase 2 but not install utilities. Wade Padernos, 320 Jefferson Ct — will maintenance be done behind him? They have been maintaining until now. Mike — the City will to a few times a year. He would like mowing done more frequently. Drainage and ponding. A new pond will be developed to the south. This will be installed at the start. Current stormwater lines will connect to this. 1363 Bradford — would like a copy of the plan, will there be regulations on what owners can do in their yard. Yes, City ordinance states 1 utility shed and 1 detached garage. Motion by Commissioner Garberg, second by Commissioner Sebesta to close the hearing at 5:57 p.m. Motion by Commissioner Hacker to approve the Final Plat with 5 staff recommendations. Second by Commissioner Zuidema. Item will be on City Council consent agenda on 04/22/25. D. CONSIDERATION OF AN AMENDMENT TO THE ZONING ORDINANCE FOR THE I- 1 LIGHT INDUSTRIAL ZONING DISTRICT. Dan Jochum, City Planner addressed the Commission and gave a brief overview of the project. Mr. Jochum then covered the staff report. Minutes Hutchinson Planning Commission April 15, 2025 Page 3 Janssen, do we have a definition of what a data center is? Are there any restrictions on noise or any other items? Mr. Jochum noted the State has restrictions and standards on this. Marc Sebora, number one issue can be noise. This was discussed by City to be able to control this with conditions. The definition is hard because it is continually changing. Motion by Commissioner Janssen, second by Commissioner Sebesta to close the hearing at 6:07 p.m. Motion by Commissioner Hacker to approve the Amendment to Zoning Ordinance. Second by Commissioner Zuidema. Item will be on City Council new business agenda on 04/22/25. 5. NEW BUSINESS A. CONSIDERATION OF A SITE PLAN REVIEW FOR 126 FRANKLIN ST NW. Dan Jochum, City Planner addressed the Commission and gave a brief overview of the project. Mr. Jochum then covered the staff report. Ted Schmidt, Lumber One — developer, Ponding - questions on water table level, soil borings are going to be done later this week and the developer will look at that and work with the City on what type of pond to install. City is working on a bank stabilization (with the DNR) in the area. Mr. Hacker noted he has seen the project in Willmar and has good things to say, he also has heard about the project in Litchfield and they had a good working relationship with the developer. He is happy to see this project. Mr. Fahey noted the need for this project and how good it will be for downtown. Garberg asked if this project will affect the proposed townhomes on Franklin St. The townhomes are a different project. That group is still working on their project but is working on some elevation issues. The Landing project will not affect the townhomes. Hacker, when to break ground. The group is hoping for Aug/Sept. Motion by Commissioner Zuidema to approve the Site Plan Review with 9 staff recommendations. Second by Commissioner Hacker. Item will be on City Council consent agenda on 04/22/25. 6. UNFINISHED BUSINESS Minutes Hutchinson Planning Commission April 15, 2025 Page 4 A. With sidewalk discussion from March meeting, staff would like to come forward with some recommendations for amending sidewalk regulations in our Ordinance/Policies. 7. COMMUNICATION FROM STAFF A. MAY MEETING — 5t" Ave NW (Work Horse) Project may be on future Planning Commission agendas. 8. ADJOURNMENT Motion was made by Commissioner Garberg, second by Commissioner Janssen to adjourn the meeting, Meeting was adjourned at 6:57 p.m. u HUTCHINSON A CITY ON PURPOSE. MINUTES HUTCHINSON PLANNING COMMISSION Tuesday, July 15, 2025 5:30 p.m. 1. CALL TO ORDER 5:30 P.M. The April 15, 2025 Planning Commission meeting was called to order by Chairman Fahey at 5:30 p.m. Members in bold were present Chairman Fahey, Vice Chairman Hacker, Commissioner Garberg, Commissioner Zuidema, Commissioner Sebesta, and Commissioner Janssen, Commissioner Kosek. Also present were Dan Jochum, City Planner, Mike Stifter, City Public Works Director, Brandon Braithwaite, City Engineer, Marc Sebora, City Attorney, Andrea Schwartz, City of Hutchinson Planning and Building Specialist, Rozanne Johnson, City of Hutchinson Planning and Building Assistant. 2. PLEDGE OF ALLEGIANCE 3. CONSENT AGENDA A. CONSIDERATION OF MINUTES DATED April 15, 2025. Motion by Commissioner Sebesta to approve April 15, 2025 meeting minutes. Second by Commissioner Zuidema. Motion approved. 4. PUBLIC HEARING A. CONSIDERATION OF A CONDITIONAL USE PERMIT FOR A TATTOO ESTABLISHMENT IN A C-3 ZONING DISTRICT LOCATED AT 146 FRANKLIN ST SW. Dan Jochum, City Planner addressed the Commission and gave a brief overview of the project. Mr. Jochum then covered the staff report. Motion by Commissioner Garberg, second by Commissioner Sebesta to close the hearing at 5:35 p.m. Motion by Commissioner Garberg to approve the Conditional Use Permit with 5 staff recommendations. Second by Commissioner Zuidema. Item will be on City Council consent agenda on 07/22/25. B. CONSIDERATION OF A PRELIMINARY AND FINAL PLAT FOR THE LANDING. Minutes Hutchinson Planning Commission July 15, 2025 Page 2 Dan Jochum, City Planner addressed the Commission and gave a brief overview of the project. Mr. Jochum then covered the staff report. Commissioner Garberg asked about the parking lot area being in the outlot area. Dan noted this area needs to remain in the City name for the FEMA grant to uphold. The parking lot is permitted but the lot lines need to remain where they are. There is an easement for the parking area. Germaine Block 216 Cedar Ave NW, live across from the parking lot entrance, concerned about traffic and monitoring any issues. There will be increased traffic but the majority of traffic will be in the south driveway for the garage entrance and exit. Traffic should be flowing south from there. Motion by Commissioner Janssen, second by Commissioner Garberg to close the hearing at 5:51 p.m. Motion by Commissioner Garberg to approve the Preliminary Plat, Second by Commissioner Zuidema. Item will be on City Council consent agenda on 07/22/25. Motion by Commissioner Zuidema to approve the Final Plat, with 2 staff recommendations. Second by Commissioner Janssen. Item will be on City Council consent agenda on 07/22/25. S. NEW BUSINESS A. CONSIDERATION OF A SITE PLAN REVIEW FOR A SHERWIN WILLIAMS STORE AT 1510 HWY 15 S. Dan Jochum, City Planner addressed the Commission and gave a brief overview of the project. Mr. Jochum then covered the staff report. Commissioner Fahey asked about the stormwater retention on the O'Riley site. There is a dry basin on the south side that connects to The City storm system and drains to the pond behind Target to the west. Commissioners wondered if the water from Sherwin William could also drain to the same pond that O'Riley uses. This will be something the Engineering team will address. Ben, Interstate Engineering — Olivia, MN, noted the grade on the Sherwin Williams site drops from North to South so the plan was to have the water sheet flow to the SW corner to slow down the flow before entering the fields. Also noted the parcel is less than 1 acre so would not require ponding, but they are making effort to slow down the water. Redirecting the flow could be done but would need to be looked at. Minutes Hutchinson Planning Commission July 15, 2025 Page 3 Motion by Commissioner Sebesta to approve the Site Plan Review with 6 staff recommendations. Second by Commissioner Janssen. Item will be on City Council consent agenda on 07/22/25. 6. UNFINISHED BUSINESS A. NONE 7. COMMUNICATION FROM STAFF A. Introduction of our new City Engineer, Brandon Braithwaite. B. Dan gave an overview of Building and Planning activity C. Update on the Downtown Plan (1st Ave Festival street project, wayfinding for public pa rki ng,) 8. ADJOURNMENT Motion was made by Commissioner Garberg, second by Commissioner Zuidema to adjourn the meeting, Meeting was adjourned at 6:20 p.m.