Loading...
HomeMy WebLinkAboutCouncil Packet - 4/4/2022THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA, REGULAR SESSION TO BE HELD AT Harold E. Getty Council Chambers Monday, April 4, 2022 5:30 PM CITY OF WATERLOO GOALS 1. Support the creation of new, livable wage jobs through a balanced economic development approach of assisting existing businesses, fostering start-ups, attracting new employers and cultivating an adequate workforce. 2. Implement a Community Policing strategy that creates a safe environment in Waterloo. 3. Reduce the City's property tax levies through a responsible balance of cost reduction in City operations and increases in taxable property valuations to ensure that Waterloo is a competitive, affordable, and livable city. 4. Enhance the image of Waterloo and the City to residents and businesses inside and outside of the community. GENERAL RULES FOR PUBLIC PARTICIPATION REGULAR SESSION AGENDA A. Iowa Code Chapter 21 gives the public the right to attend council meetings, but it does not require cities to allow public participation except during public hearings. The public is required to follow the rules listed in this article when speaking during any meeting of the city council B. At the presiding officer's discretion, individuals may address the presiding officer by stepping to the podium, and after recognition by the presiding officer, shall state their name, address and group affiliation, if appropriate, and speak clearly into the microphone. C. Comments shall be germane and refrain from personal, impertinent, or slanderous remarks. D. Cell phones and electronic devices shall be set to silent prior to the start of the meeting. Page 1 of 436 RULES FOR PUBLIC COMMENT SECTION OF THE AGENDA A. Individuals shall speak one (1) time on only one (1) issue for a maximum of five (5) minutes only if they have registered with the city clerk's office no later than 4:00 p.m. on the day of the council meeting. Individuals who have not registered shall not be permitted to speak during the public comment portion of the agenda. Individuals shall only speak on matters not listed on the regular session agenda for that date. Any matter presented shall be directed to the presiding officer and addressed, if necessary, after the meeting.; Individuals may call the city clerk's office at 319-291-4323 or email clerk@waterloo-ia.org. B. Council members may speak during public comment portion of the agenda after the public has finished speaking C. City staff shall not be required to provide an immediate answer to a matter presented during a council meeting unless it specifically pertains to an item on the agenda RULES FOR PUBLIC COMMENT DURING PUBLIC HEARINGS Individuals may speak during the public comment portion of a scheduled public hearing for a maximum of three (3) minutes or may submit written comments to the city clerk by 4:00 p.m. on the day of the public hearing. Groups of citizens with similar viewpoints are encouraged to select a representative to share the viewpoint of the group. RULES FOR PUBLIC COMMENT DURING AGENDA ITEMS At the discretion of the presiding officer, individuals may speak for a maximum of three (3) minutes when the council discusses agenda items. This section does not apply to businesses or parties directly involved in agenda items. Roll Call. Prayer or Moment of Silence Pledge of Allegiance John Chiles, Ward 1 Council Member Agenda, as proposed or amended. Minutes of March 21, 2022, Regular Session, as proposed. Minutes of March 24, 2022, Special Session, as proposed. Proclamation declaring April 6, 2022 as National Service Recognition Day. Proclamation declaring April 11-15, 2022 as National Community Development Week. PUBLIC COMMENTS Iowa Code Chapter 21 gives the public the right to attend council meetings but it does not require cities to allow public participation except during public hearings. The City of Waterloo encourages the public to participate during the Oral Presentations by following the rules listed on the front of the agenda. 1. Consent Agenda: (The following items will be acted upon by voice vote on a single motion without separate discussion, unless someone from the council or public requests that a specific item be considered separately.) A. Resolution to approve the following: 1. Bills Payment, Finance Committee Invoice Summary Report, a copy of which is on file in Page 2 of 436 the office of the City Clerk. 2. Resolution approving Variance to Noise Ordinance request from Waterloo Auto P arts, Inc., in conjunction with the 2022 Iowa Auto Recyclers Summer Outing, to be held on June 11, 2022 from 7:00 p.m. to 12:00 a.m., at 1501 Grandview, including live music. Submitted By: Robert Duncan, Police Captain 3. Resolution approving Acknowledgment/Settlement Agreement -First Violation for KWIK STOP 4, 515 Broadway, Waterloo, Iowa 50703, Tobacco Violation, and accepting check for civil penalty of $300.00. Submitted By: Martin M. Petersen, City Attorney 4. Resolution approving Acknowledgment/Settlement Agreement -First Violation for Prime Mart 3, 1008 La Porte Road, Waterloo, Iowa 50702, Tobacco Violation, and Accepting Civil Penalty of $300.00. Submitted By: Martin M. Petersen, City Attorney 5. Resolution approving Acknowledgment/Settlement Agreement -First Violation for Lanes Corner Store, 2027 Falls Avenue, Waterloo, Iowa 50701, Tobacco Violation, and Accepting Civil Penalty of $300.00. Submitted By: Martin M. Petersen, City Attorney 6. Resolution approving Acknowledgment/Settlement Agreement -First Violation for Casey's General Store No. 2879, 3260 University Ave., Waterloo, Iowa 50701, Tobacco Violation, and Check for $300.00 for civil penalty. Submitted By: Martin M. Petersen, City Attorney 7. Resolution approving Acknowledgment/Settlement Agreement -First Violation -Affirmative Defense for Hy-Vee Gas, 2221 Logan Avenue, Waterloo, Iowa, Tobacco Violation. Submitted By: Martin M. Petersen, City Attorney 8. Resolution approving Acknowledgment/Settlement Agreement -1st Violation Affirmative Defense for Hy-Vee Food Store #2, 2181 Logan Avenue, Waterloo, Iowa, Tobacco Violation. Submitted By: Martin M. Petersen, City Attorney 9. Resolution accepting VGM Community Giving Grant funds, in the amount of $10,000.00, to be used for the purchase of a Lucas Mechanical CPR Device. Submitted By: Jason Hernandez, Medical Supervisor 10. Resolution approving an application to the Black Hawk County Metropolitan Area Transportation Policy Board, for Surface Transportation Block Grant program funding, in conjunction with the La Porte Road Revitalization Phase 3 Project. Submitted By: Noel Anderson, Community Planning and Development Director 11. Resolution approving the grant extension for the Waterloo Police Department's Covid-19 Pandemic Initiative Grant, in the amount of $43,385.00, for Coronavirus response expenses, and authorizing the Mayor to execute said document. Submitted By: Aaron McClelland, Police Captain 12. Resolution approving the request of Christina Hannan, for tax exemptions on the construction of a new single family home valued at $195,268.00, for property located at 3336 Lincolnshire Road, and located in the City Limits Urban Revitalization Area (CLURA). Submitted By: Noel Anderson, Community Planning and Development Director 13. Resolution approving the request of Brad Taylor, for tax exemptions on the construction of a new single family home valued at $358,000.00, for property located at 1355 Campbell Avenue, and located in the City Limits Urban Revitalization Area (CLURA). Page 3 of 436 Submitted By: Noel Anderson, Community Planning and Development Director 14. Resolution approving the request of David Richter, for tax exemptions on the construction of a new single family home valued at $477,402.00, for property located at 125 Kestrel Circle, and located in the City Limits Urban Revitalization Area (CLURA). Submitted By: Noel Anderson, Community Planning and Development Director 15. Resolution approving the request of Cynthia Huebner, for tax exemptions on the construction of a new twin home unit valued at $170,000.00, for property located at 850 Grindstone Circle, and located in the City Limits Urban Revitalization Area (CLURA). Submitted By: Noel Anderson, Community Planning and Development Director 16. Resolution approving the request of Kelsey Meester, for tax exemptions on the construction of a new single family home valued at $394,000.00, for property located at 1633 Blue Wing Drive, and located in the City Limits Urban Revitalization Area (CLURA). Submitted By: Noel Anderson, Community Planning and Development Director 17. Resolution approving the request of Dung T. Dao, for tax exemptions on the construction of a new single family home valued at $320,000.00, for property located at 1015 Lois Lane, and located in the City Limits Urban Revitalization Area (CLURA). Submitted By: Noel Anderson, Community Planning and Development Director 18. Resolution approving the request of Sead Dizdarevic, for tax exemptions on the construction of a new single family home valued at $160,000.00, for property located at 3660 Cantabury Court, and located in the City Limits Urban Revitalization Area (CLURA). Submitted By: Noel Anderson, Community Planning and Development Director 19. Resolutions setting date of public hearing as April 18, 2022 on the proposed issuance of the following bonds and instruct the City Clerk to publish notice. (Details on projects covered by each hearing are on file for review.) (a) ECP-1-Not to Exceed $11,600,000 General Obligation Bonds (Essential corporate purpose). (b) GCP-2 - Not to exceed $700,000 General Obligation Bonds (General Corporate Purpose). (c) GCP-3 - Not to exceed $700,000 General Obligation Bonds (General Corporate Purpose). (d) ECP-UR-4 - Not to exceed $800,000 General Obligation Urban Renewal Bonds (Essential Corporate Purpose). Submitted By: Michelle Weidner, Chief Financial Officer 20. Resolution setting date of public hearing as April 18, 2022 to review the funding recommendations of the Community Development Board FY23 Annual Action Plan for CDBG and HOME funds for the Waterloo/Cedar Falls HOME Consortium. Submitted By: Rudy D. Jones, Community Development Director 21. Resolution approving preliminary plans, specifications, form of contract, etc., setting date of bid opening as April 7, 2022 and date of public hearing as April 18, 2022, in conjunction with the 2022 and 2023 Residential Lots/Miscellaneous Areas Mowing and Lot Maintenance Services Contract, and instruct City Clerk to publish notice. Submitted By: Noel Anderson, Community Planning and Development Director 22. Resolution approving preliminary plans, specifications, form of contract, etc., setting date of bid opening as April 21, 2022 and date of public hearing as May 2, 2022, in conjunction with the FY 2022 Asphalt Overlay Program, Contract No. 1056, and instruct City Clerk to publish notice. Page 4 of 436 Submitted By:Wayne Castle, PLS, PE, Assistant City Engineer 23. Resolution setting date of public hearing as May 2, 2022 to approve proposed repairs, in conjunction with the 2022 Sidewalk Inspection and Repair Program — Zone 2, and approve request to send out notification to property owners of proposed sidewalk repairs and estimate of costs, and instruct the City Clerk to publish notice. Submitted By: Oumie Ceesay, Associate Engineer B. Motion to approve the following: 1. TRAVEL REQUESTS a. Aitchison, Police Officer Class/Meeting: Iowa Law Enforcement Intelligence training (LEIN) Destination: Des Moines, Iowa Dates: 4/8-15/2022 Amount not to exceed: $1,340.00 b. Brian Baker, Chief HVAC Inspector Class/Meeting: Iowa Association of Code Enforcement Annual Education Conference Destination: Altoona, IA Dates: 05/04/2022-5/6/2022 Amount not to exceed: $ 688.00 c. Charles Donohue, Lieutenant, Jonathan Eastman, Fire Fighter Class/Meeting: Smoke Diver training hosted by the Mississippi State Fire Academy Destination: Jacksonville, MS Dates: 04/23-29/2022 Amount not to exceed: $990.00 d. Chris Youngblut, Technology Director and Ben Wagner, GIS Coordinator Class/Meeting: Iowa Technology and Geospatial Conference Destination: West Des Moines, Iowa Dates: 06/14-17/2022 Amount not to exceed: $1,350.00 e. Jeremiah Van Dyke, Fire Lieutenant Class/Meeting: Fire Inspector I Test -International Code Council Destination: Virtual -Online Test Dates: 03/20/2022 Amount not to exceed: $241.00 f. Quentin Hart, Mayor and Wendy Bowman, Communications Director Class/Meeting: Accelerator for America Louisville Advisory Council Meeting Destination: Louisville, KY Dates: 05/1-4/2022 Amount not to exceed: $3,900.00 2. LIQUOR LICENSES a. Crossroads Cinema, 2450 Crossroads Blvd. Class: C/Liquor Page 5 of 436 Renewal Application Includes Sunday Expiration Date: 03/14/2023 b. Snack Shack #2, 189 W. llth St. Class: Beer/E Liquor Renewal Application Includes Sunday Expiration Date: 02/28/2023 3. APPOINTMENTS a. Nicholas Hedrick Board/Commission: Historic Preservation Commission Expiration Date: April 15, 2025 Re -Appointment b. Curtis Bovy Board/Commission: Plumbing Board of Licensing, Examiners and Appeals Expiration Date: April 4, 2025 New Appointment c. Teri Lynn Jorgensen Board/Commission: ADA Compliance Commission Expiration Date: April 4, 2025 New Appointment d. Dr. Beverly Smith Board/Commission: Civil Service Commission Expiration Date: April 1, 2026 New Appointment 4. Motion to approve Change Order No. 7 from Vieth Construction Corporation, of Cedar Falls, Iowa, for a net increase of $8,579.00, in conjunction with the FY 2021 Highway 63 Enhancements from Washington Street to Parker Street, Contract No. 1029, and authorizing the Mayor and City Clerk to execute said document. Submitted By: Matt Schindel, Associate Engineer 5. Motion to approve Change Order Nos. 1 and 2 with All Star Environmental, LLC, for a net increase of $3,090.00, in conjunction with additional asbestos removal, for property located at 300 Allen Street, 307 Sumner Street, and 615 Glenwood Street, Contract No. AB -2022-02-04P. Submitted By: Noel Anderson, Director Community Planning and Development 6. Motion to approve Change Order No. 1 with Advanced Environmental Testing and Abatement, Inc., of Waterloo, Iowa, for a net increase of $4,665.00, in conjunction with additional asbestos removal for property located at 114 E l0th Street, Contract No. AB- 2021-12-4P, and authorizing the Mayor to execute said document. Submitted By: Noel Anderson, Community Planning and Development Director 7. Motion to approve recommendation of appointment of Justin Estling, from the current Civil Service list, to the position of Plant Mechanic in the Waste Management Services Department, effective May 09, 2022, pending successful completion of pre -employment physical and drug screening. Submitted By: Matt Hosford, Assistant Director and Collection Systems Superintendent 8. Motion to approve recommendation of appointment of Melissa Gearhart to the position of Page 6 of 436 Assistant Human Resources Director, effective April 25, 2022. Submitted By: Lance Dunn, Human Resources Director 9. Motion to receive the City of Waterloo Annual Comprehensive Financial Report for the fiscal year ended June 30, 2021 and place on file. Submitted By: Michelle Weidner, Chief Financial Officer 10. Motion approving the request of Hawkeye Community College to burn approximately 25.6 acres of prairie grass and forbs, April 12, 2022 to May 10, 2022 from 8:00 a.m. to 6:00 p.m., located east of 1501 E. Orange Road. Submitted By: Brock Weliver, Fire Marshal 11. Motion to approve Change Order No. 1 with Arends Excavating, of Waterloo, Iowa, for a net increase of $21,301.40, in conjunction with the FY 2021 Leversee Road Lift Station, Contract No. 983, and authorizing the Mayor and City Clerk to execute said document. Submitted By: Matt Schindel, Associate Engineer 12. Bonds. PUBLIC HEARINGS 2. Taxable Sewer Revenue Capital Loan Notes - The issuance of not to exceed $14,200,000.00 Series 2022 (State of Iowa Revolving Fund Loan). Motion to receive and file proof of publication of notice of public hearing on the authorization of one or more Loan Disbursement Agreements and the issuance of Notes to evidence the obligation of the City thereunder. HOLD HEARING - No comments on file. Motion to close hearing and receive and file oral and written comments. Resolution instituting proceedings to take additional action for the issuance of not to exceed $14,200,000.00 Taxable Sewer Revenue Capital Loan Notes, Series 2022. Submitted By: Michelle Weidner, Chief Financial Officer 3. Sale and conveyance of City property located north of 501 Lakeside Street, in the amount of $1.00, to Union Development Holdings, LLC, including a Development Agreement for at least150 multi -family residential units. Motion to receive and file proof of publication of notice of public hearing. HOLD HEARING - No comments on file. Motion to close hearing and receive and file oral and written comments. Resolution authorizing the sale and conveyance of city owned property located north of 501 Lakeside Street, in the amount of $1.00 to Union Development Holdings, LLC, and authorizing the Mayor and City Clerk to execute said documents. Resolution approving a Development Agreement with Union Development Holdings, LLC for the construction of at least 150 new multi -family units, and authorizing the Mayor and City Clerk to execute said document. Resolution approving the request of Union Development Holdings, LLC, for tax exemptions on the construction of at least 150 new multi -family units proposed to be constructed with an estimated assessed value of $10,000,000.00, for property located north of 501 Lakeside Street, and located in the City Urban Revitalization Area (CURA). Submitted By: Noel Anderson, Community Planning and Development Director 4. Sale and conveyance of City property located at 615 Glenwood Street, in the amount of $5,000.00, to Bertha Johnson, including a development agreement for the rehabilitation of the home on the property. Motion to receive and file proof of publication of notice of public hearing. HOLD HEARING - No comments on file. Page 7 of 436 Motion to close hearing and receive and file oral and written comments. Resolution authorizing the sale and conveyance of city owned property located at 615 Glenwood Street, in the amount of $5,000.00 to Bertha Johnson, and authorizing the Mayor and City Clerk to execute said documents. Resolution approving a Development Agreement with Bertha Johnson for the rehabilitation of the home located at 615 Glenwood Street, and authorizing the Mayor and City Clerk to execute said document. Submitted By: Noel Anderson, Community Planning and Development Director RESOLUTIONS 5. Resolution approving a Professional Services Agreement with AECOM of Waterloo, Iowa, in an amount not to exceed $134,900.00, for SRF coordination and construction related services, in conjunction with the FY 2023 Phase IVA3 CIPP Lining Project, Contract No. 1063, and authorizing the Mayor to execute said document. Submitted By: Matt Hosford, Assistant Director and Collection Systems Superintendent 6. Resolution approving Amendment No. 1 to an Agreement with Stand Associates Inc., of Madison Wisconsin, originally executed April 17, 2019, to amend the Scope of Services and completion date, in conjunction with the Biogas Utilization Modifications Preliminary Design Project, and authorizing the Mayor to execute said document. Submitted By: Brian Bowman, Treatment Operations Supervisor 7. Resolution approving Amendment No. 1 to a Professional Services Agreement with Clapsaddle- Garber Associates, Inc., of Cedar Falls, Iowa, originally approved January 19, 2021, in an amount not to exceed $54,000.00, for construction related services, in conjunction with the FY 2021 Leversee Road Lift Station Project, Contract No. 983, and authorizing the Mayor to execute said document. Submitted By: Matt Schindel, Associate Engineer 8. Resolution approving an Easement with MidAmerican Energy in conjunction with the construction of a roundabout at the intersection of East Shaulis Road and Hess Road and authorizing the Mayor and City Clerk to execute the same. Submitted By: Martin Petersen, City Attorney 9. Resolution authorizing the issuance of not to exceed $3,500,000.00 General Obligation Bond Series 2022, and levying a tax for the payment thereof. Submitted By: Michelle Weidner, Chief Financial Officer ORDINANCES 10. An ordinance amending the 2020 Traffic Code by adding Subsection (154b) Lost Island Water Park and Shaulis Road - Full Actuated Pushbutton Pedestrian Signal to Section 540 Obedience to Official Traffic -Control Devices. Motion to receive, file and consider for the first time an ordinance amending the 2020 Traffic Code by adding Subsection (154b) Lost Island Water Park and Shaulis Road - Full Actuated Pushbutton Pedestrian Signal to Section 540 Obedience to Official Traffic -Control Devices. Motion to suspend the rules. Motion to receive, file, consider and pass for the second and third times and adopt said ordinance. Submitted By: Sandie Greco, Traffic Operations Director Page 8 of 436 11. An Ordinance amending the 2020 Traffic Code by adding Subsection (154c) Lost Island Theme Park and Shaulis Road - Full Actuated Pushbutton Pedestrian Signal to Section 540, Obedience to Official Traffic -Control Devices. Motion to receive, file and consider for the first time an Ordinance amending the 2020 Traffic Code by adding Subsection (154c) Lost Island Theme Park and Shaulis Road - Full Actuated Pushbutton Pedestrian Signal to Section 540, Obedience to Official Traffic -Control Devices. Motion to suspend the rules. Motion to receive, file, consider and pass for the second and third times and adopt said ordinance. Submitted By: Sandie Greco, Traffic Operations Director OTHER COUNCIL BUSINESS 12. Hearing on Order Assessing Civil Penalty to Guddi Mart, 306 Byron Avenue, Waterloo, Iowa 50702, for sale of tobacco to minor violation -second offense. Submitted By: Martin M. Petersen, City Attorney 13. Hearing on Order Assessing Civil Penalty to Ray's Supermarket, 1975 Franklin Street, Waterloo, Iowa 50703, for sale of tobacco to minor violation -first offense. Submitted By: Martin M. Petersen, City Attorney EXECUTIVE SESSION Motion to adjourn to Executive Session 14. Executive Session on the purchase of real estate pursuant to Iowa Code Section 21.5(1)(j). 15. Executive Session on the purchase of real estate pursuant to Iowa Code Section 21.5(1)(j). 16. Executive Session on the purchase of real estate pursuant to Iowa Code Section 21.5(1)(j). Motion to adjourn Executive Session ADJOURNMENT Motion to adjourn. Kelley Felchle City Clerk MEETINGS 3:40 p.m. Council Work Session, Harold E. Getty Council Chambers 5:10 p.m. Finance Committee, Harold E. Getty Council Chambers PUBLIC INFORMATION 1. February 2022 Community Development Board and Public Hearing minutes. 2. Airport Board Meeting Minutes of January 26, 2022. Page 9 of 436 CITY OF WATERLOO Council Communication Minutes of March 21, 2022, Regular Session, as proposed. City Council Meeting: 4/4/2022 Prepared: ATTACHMENTS: Description Type ❑ Minutes 03.21.2022 Backup Material Submitted by: Submitted By: Page 10 of 436 March 21, 2022 The Council of the City of Waterloo, Iowa, met in Regular Session at Harold E. Getty Council Chambers, Waterloo, Iowa, at 5:30 p.m., on Monday, March 21, 2022. Mayor Quentin Hart in the Chair. Roll Call: Boesen, Nichols, Amos, Chiles, Grieder, Wilder and Feuss, joined the meeting via Zoom. Prayer or Moment of Silence. Pledge of Allegiance: Rob Nichols, At -Large Council Member 107064 - Feuss/Wilder Amend agenda to correct Consent agenda item #A.6 to change the 20% match from $666,541.80 to $133,308.36. Voice vote -Ayes: Seven. Motion carried. 107065 - Feuss/Wilder that the Agenda, as proposed, for the Regular Session on Monday, March 21, 2022, at 5:30 p.m., and the Minutes, as proposed, for the Regular Session on Monday, March 7, 2022, at 5:30 p.m., be accepted and approved. Voice vote -Ayes: Seven. Motion carried. PUBLIC COMMENTS Spencer Gann — Griffin Investments, LLC requested a refund for services he never received for sanitation charges on a rental property where he had arranged for a private hauler but failed to file the proper paperwork with the Water Department. He asked that the Water Department inform new homeowners what services they provide and inform customers of the waiver process if they choose to use a private hauler. Mayor Hart asked Randy Bennett, Public Works Director to contact Mr. Gann to review his request. Mr. Grieder addressed the Council regarding Women's History month and gender identity in children sports. Mr. Boesen questioned when they anticipated completion of construction on the Dysert/Shaulis Road Construction Project and finish work near Cimmeron. Jaime Knutson, City Engineer, stated the contractor for the Dysert/Shaulis project will be closing the road on March 28, 2022 and hopefully complete mid May and the contractor for Cimmeron will complete final grade and seeding as soon as the ground dries out and that rip rap has been added near one of the culverts. Mr. Nichols questioned when the parking restriction signs would be placed in the Greyhound Park area. Sandi Greco, Traffic Operations Director, explained locates for posts will be done this week and the signs will be installed next week. Mr. Chiles announced the Ward 1 meeting will be this Saturday at noon in Council chambers. Ms. Wilder announced the Ward 3 meeting will be this Sunday at 5:00 p.m. via Zoom, and that link can be found at niawilder.com. 107066 - Feuss/Chiles that the above oral comments be received and placed on file. Voice vote -Ayes: Seven. Motion carried. CONSENT AGENDA 107067 - Feuss/Grieder that the following items on the consent agenda be received, placed on file and approved: a. Resolutions to approve the following: 1. Resolution approving Finance Committee Invoice Summary Report, dated March 14, 2022, in the amount of $2,867,641.35 and March 21, 2022, in the amount of $3,167,639.34, a copy Page 11 of 436 March 21, 2022 Page 2 1. of which is on file in the City Clerk's office, together with recommendation of approval of the Finance Committee. Resolution adopted and upon approval by Mayor assigned No. 2022-143. 2. Resolution setting date of public hearing as April 4, 2022, on the proposal to authorize a loan and disbursement agreement and the issuance of not to exceed $14,200,000.00 Sewer Revenue Capital Loan Notes of the City of Waterloo, Iowa, and providing for publication of notice thereof. Resolution adopted and upon approval by Mayor assigned No. 2022-144 3. Resolution approving preliminary plans, specifications, bid documents, etc., setting date of bid opening as Thursday, April 7, 2022 and date of public hearing as April 18, 2022, in conjunction with the FY2022 Waste Water Treatment Plant and Lift Stations Mowing Contract, and instruct the City Clerk to publish notice. Resolution adopted and upon approval by Mayor assigned No. 2022-145 4. Resolution approving cancellation of assessment for property located at 51 Mulberry Street, in the amount of $284.76, and authorize the City Clerk to notify Black Hawk County Treasurer of said cancellation. Resolution adopted and upon approval by Mayor assigned No. 2022-146 5. Resolution approving cancellation of a sidewalk assessment for 78 Gable Street in the amount of $859.98; and parcel number 891313354004 in the 600 block of Ankeny in the amount of $2,658.75, and authorize the City Clerk to notify Black Hawk County Treasurer of said cancellation. Resolution adopted and upon approval by Mayor assigned No. 2022-147 6. Resolution approving an application to the Black Hawk County Metropolitan Planning Organization Transportation Alternatives Program funding, including a twenty percent match estimated at $133,308.36, in conjunction with the Sergeant Road Trail Bridge Replacements. Resolution adopted and upon approval by Mayor assigned No. 2022-148 7. Resolution setting date of public hearing as April 4, 2022 for the sale and conveyance of City property located north of 501 Lakeside Street, in the amount of $1.00, to Union Development Holdings, LLC, including a development agreement for 150 multi -family residential units, and instruct the City Clerk to publish notice. Resolution adopted and upon approval by Mayor assigned No. 2022-149 8. Resolution setting date of public hearing as April 4, 2022 for the sale and conveyance of City property located north of 615 Glenwood Street, in the amount of $5,000.00, to Bertha Johnson, including a development agreement for the rehabilitation of the home on the property, and instruct the City Clerk to publish notice. Resolution adopted and upon approval by Mayor assigned No. 2022-150 b. Motion to approve the following: a. Travel Requests Name & Title of Personnel Class/Meeting Destination Date(s) Amount not to Exceed J. Saunders, Police Investigator International Outlaw Motorcycle Gang Investigators Conference 2022 Myrtle Beach, SC 4/3-8/2022 $1,237.00 Page 12 of 436 March 21, 2022 Page 3 2. b. c. d. a. b. c. d. e. f. g• h. i. j• k. 1. M. n. o. P. Jeremy Pohl, Police Investigator 2022 National Cyber Crime Conference Norwood, MA 4/26- 28/2022 $1,213.00 Angie Fordyce, Anita Rousselow, Mindy Smith, Community Development National Community Development Association Annual Conference St. Paul, MN 6/21- 24/2022 $4,115.00 Quentin Hart, Mayor African American Mayor's Association Conference Washington, DC 4/26- 30/2022 $2,100.00 Approved Beer, Liquor, and Wine Applications Name & Address of Business Class New or Renewal Expiration Date Includes Sunday Amalgamated Local 838 UAW, 2615 Washington St. C Liquor w/Outdoor Service Renewal 2/28/2023 Dollar General Store #10073, 3815 University Ave. B Wine / C Beer Renewal 2/28/2023 x Dollar General Store #7136, 66 E. Tower Park Dr. B Wine / C Beer Renewal 2/28/2023 x Dollar General Store #4698, 2935 Logan Ave. B Wine / C Beer Renewal 2/28/2023 x HyVee Food Store #1, 2834 Ansborough Ave. B Wine / C Beer / E Liquor Renewal 3/23/2023 x Jim Lind Service, 230 E. Ridgeway Ave. C Liquor w/Outdoor Service Renewal 4/7/2023 x Landmark Commons, 1400 A Liquor w/Outdoor Service and Living Quarters Renewal 8/31/2022 x MaxHelen Blvd. Neighborhood Mart, 2100 LaFayette St. B Wine / C Beer / E Liquor Renewal 11/14/2022 x Panchero's Mexican Grill, 2845 Crossroads Blvd. B Beer w/Outdoor Service Renewal 3/31/2023 x Red Carpet Golf, 1409 Newell St. C Liquor w/Outdoor Service Renewal 4/4/2023 x Snack Shack, 4335 Texas St. B Native Wine / C Beer Renewal 10/28/2022 x Snack Shack, 4335 Texas St. E Liquor Renewal 11/4/2022 x Sam's Cub #6514, 210 E. Tower Park Dr. B Wine / C Beer / E Liquor Renewal 2/28/2023 x Sycamore Convenience, 617- 619 Sycamore St. B Wine / C Beer / E Liquor Renewal 3/11/2023 x The Other Place, 360 E. Ridgeway Ave. C Liquor Renewal 1/25/2023 x Yourpie, 126 E. Ridgeway Ave. Special Class C Liquor w/Outdoor Service Renewal 4/5/2023 x 3. Motion approving Change Order No. 1 with Failor-Hurley Construction for a net increase of $2,506.00, in conjunction with the Traffic Control Room Remodel, Iowa DOT Project Number STP-U-8155(755)- -70-07, and authorizing the Mayor to execute said document. 4. Motion approving Change Order No. 1 with KW Electric, for a deduct of $12,000.00, in conjunction with the Park Avenue Bicycle Signal project, Iowa DOT grant project number TAP-U-8155(767)--81- 07, and authorizing the Mayor to execute said document. 5. Motion to approve Change Order No. 1 from Lodge Construction, Inc., of Clarksville, Iowa, for a net increase of $15,450.00, in conjunction with the FY 2021 Cedar River Marina and Recreational Enhancements, Contract No. 1011, IDOT Project No. TAP-U-8155(768)--8I-07, and authorizing the Mayor and City Clerk to execute said document. Page 13 of 436 March 21, 2022 Page 4 6. Motion to approve Change Order No. 6 from Woodruff Construction of Madison, Wisconsin, for a net increase of $75,019.00, in conjunction with the FY 2020 Wastewater Treatment Plant Biosolids Modifications Project, Contract No. 994, and authorizing the Mayor to execute said document. 7. Motion to approve Change Order No. 6 from Vieth Construction Corporation, of Cedar Falls, Iowa, for a net increase of $12,925.00, in conjunction with the FY 2021 Highway 63 Enhancements from Washington Street to Parker Street, Contract No. 1029, and authorizing the Mayor and City Clerk to execute said document. 8. Motion approving Change Order No. 31 with Cardinal Construction, Inc., of Waterloo, Iowa, for a net increase of $2,665.00, in conjunction with the Five Sullivan Brothers Convention Center Addition and Renovation Project, and authorizing the Mayor to execute said document. 9. Recommendation of appointment of Brian Wirtz, from the current Civil Service list, to the position of Combination Inspector II in the Building Department, effective March 28, 2022. 10. Motion to approve Exception to Burning Yard Waste application by Sharon Stiles, to burn approximately 18.8 acres of native prairie located on the southwest portion of 4335 Logan Avenue, during the month of April 2022, weather permitting. 11. Bonds. Roll call vote -Ayes: Seven. Motion carried. PUBLIC HEARINGS 107068 - Grieder/Feuss that proof of publication of notice of public hearing on request by Gray Transportation for a site plan amendment to the "M-2,P" Planned Industrial District to construct a new 116 foot by 80 foot 9,280 square foot maintenance building located north of 2550 GT Drive, as published in the Waterloo Courier on March 11, 2022, be received and placed on file. Voice vote -Ayes: Seven. Motion carried. This being the time and place of public hearing, the Mayor called for written and oral comments and there were none. 107069 - Grieder/Feuss that the hearing be closed and oral and written comments and recommendation of approval of the Planning, Programming and Zoning Commission, be received and placed on file. Voice vote -Ayes: Seven. Motion carried. 107070 - Grieder/Feuss that "an ordinance amending Ordinance No. 5079, as amended, City of Waterloo Zoning Ordinance, by amending the Official Zoning Map referred to in Section 10-4-4, approving a site plan amendment to the "M-2,P" Planned Industrial District to allow for the 116 foot by 80 foot, 9,280 square foot truck maintenance facility located north of 2550 GT Drive", be received, placed on file, considered and passed for the first time. Roll call vote -Ayes: Seven. Motion carried. 107071 - Grieder/Feuss that rules requiring ordinances to be considered and voted for passage at two prior meetings be suspended. Roll call vote -Ayes: Seven. Motion carried. 107072 - Grieder/Feuss that "an ordinance amending Ordinance No. 5079, as amended, City of Waterloo Zoning Ordinance, by amending the Official Zoning Map referred to in Section 10-4-4, approving a site plan amendment to the "M-2,P" Planned Industrial District to allow for the 116 foot by 80 foot, 9,280 square foot truck maintenance facility located north of 2550 GT Drive", be considered and passed for the second and third times and adopted. Roll call vote -Ayes: Seven. Motion carried. Page 14 of 436 March 21, 2022 Page 5 Ordinance adopted and upon approval by Mayor assigned No. 5636. 107073 - Amos/Wilder that proof of publication of notice of public hearing on sale and conveyance of City property located at 235 Newell Street, in the amount of $175,000.00, to John Bosco, and rescinding Resolution No. 2022-110 in its entirety, as published in the Waterloo Courier on March 11, 2022, be received and placed on file. Voice vote -Ayes: Seven. Motion carried. This being the time and place of public hearing, the Mayor called for written and oral comments and there were none. 107074 - Amos/Grieder that the hearing be closed and oral and written comments be received and placed on file. Voice vote -Ayes: Seven. Motion carried. 107075 - Amos/Wilder that "Resolution authorizing the sale and conveyance of city owned property located at 235 Newell Street, in the amount of $175,000.00, to John Bosco, and authorizing the Mayor and Economic Development Specialist to execute said document, and rescinding Resolution No. 2022-110 in its entirety", be adopted. Roll -call vote -Ayes: Seven. Motion carried. Resolution adopted and upon approval by Mayor assigned No. 2022-151 Noel Anderson, Community Planning and Development Director, explained the action was before the Council again as a different family member was now purchasing the home but that both parties would be residing in the home and this action would update that name change. 107076 - Feuss/Chiles that proof of publication of notice of public hearing on FY 2022 Street Reconstruction Program, Contract No. 1057, as published in the Waterloo Courier on March 7, 2022, be received and placed on file. Voice vote -Ayes: Seven. Motion carried. This being the time and place of public hearing, the Mayor called for written and oral comments and there were none. 107077 - Feuss/Chiles that the hearing be closed and oral and written comments be received and placed on file. Voice vote -Ayes: Seven. Motion carried. 107078- Feuss/Chiles that "Resolution confirming approval of plans, specifications, form of contract, etc., and authorizing to proceed", be adopted. Roll -call vote -Ayes: Seven. Motion carried. Mr. Boesen questioned if the bid specification had had concrete as well as asphalt. Jamie Knutson, City Engineer responded both were included in the specification with one response and no concrete bid. Resolution adopted and upon approval by Mayor assigned No. 2022-152. 107079- Feuss/Chiles Motion to receive and file and instruct City Clerk to read bids. Page 15 of 436 March 21, 2022 Page 6 FY22 Street Reconstruction Program, Cont. 1057 Bid Tab: March 10, 2019 Engineer's Estimate: DIVISION I BASE BID + ALTERNATE A + DIVISION II = $4,620,286.62 DIVISION I BASE BID + ALTERNATE B + DIVISION II = $4,672,097.23 Bidder Bid Security Bid Amount Aspro, Inc. Waterloo, Iowa 0 5 �0 Alternate A:$4,550,657.07 Alternate B: No Bid 107080 - Feuss/Chiles that "Resolution approving award of bid to Aspro, Inc., of Waterloo, Iowa, in the amount of $4,550,657.07, approving the contract, bond and certificate of insurance, in conjunction with the FY 2022 Street Reconstruction Program, Contract No. 1057, and authorizing the Mayor and City Clerk to execute said document", be adopted. Roll -call vote -Ayes: Seven. Motion carried. Resolution adopted and upon approval by Mayor assigned No. 2022-153 RESOLUTIONS 107081 - Boesen/Grieder that "Resolution approving a Professional Services Agreement with Shive-Hattery Inc., to perform limited construction review services, in conjunction with the Traffic Control Room Remodeling Project, Iowa DOT Project No. STP-U-8155(755)--70-07, and authorizing the Mayor to execute said document", be adopted. Roll call vote -Ayes: Seven. Motion carried. Resolution adopted and upon approval by Mayor assigned No. 2022-154 107082 - Boesen/Grieder that "Resolution approving an amendment to the Design Services Agreement with Shive-Hattery, originally executed on June 8, 2021, in conjunction with the design of a mini roundabout at the intersection of W. 9th Street and South Street, in the amount of $6,856.00, and authorizing the Mayor and City Clerk to execute said document", be adopted. Roll call vote -Ayes: Seven. Motion carried. Resolution adopted and upon approval by Mayor assigned No. 2022-155 107083 - Boesen/Grieder That "Resolution approving Supplemental Agreement No. 1 to a Construction -Related Services Agreement with AECOM of Waterloo, Iowa, originally executed October 4, 2021, in an amount not to exceed $14,900.00, in conjunction with the Phase I Preliminary Engineering Report and Interim Repairs for the Anaerobic Lagoon Repair Project, and authorizing the Mayor to execute said document", be adopted. Roll call vote -Ayes: Seven. Motion carried. Resolution adopted and upon approval by Mayor assigned No. 2022-156 107084 - Nichols/Chiles that "Resolution approving Amendment No. 1 to the Agreement with Strand Associates, Inc., of Madison, Wisconsin, originally executed on November 21, 2019, to amend the completion date from March 3, 2022 to June 24, 2022, in conjunction with the FY 2020 Wastewater Treatment Plant Bio- solids Modifications Project, Contract No. 994, and authorizing the Mayor to execute said document", be adopted. Roll call vote -Ayes: Seven. Motion carried. Page 16 of 436 March 21, 2022 Page 7 Mayor Hart commented that the progress made at the wastewater treatment facilities in the past few years is great toward providing greater services to the community and this project is part of it. David Dryer, 3145 W. 4th Street addressed the council regarding the sale of City bio-gasses. Mr. Boesen requested a point of order in that Mr. Dryer's comments do not pertain to the agenda items. Mayor Hart asked Brian Bowman to contact Mr. Dryer to explain the project. Resolution adopted and upon approval by Mayor assigned No. 2022-157 107085 - Nichols/Chiles that "Resolution approving Supplement Agreement No. 4 to a Professional Services Agreement with AECOM Technical Services, Inc., of Waterloo, Iowa, originally executed September 8, 2015, for Planning and Engineering Services, in an amount not to exceed $80,000.00, and authorizing the Mayor to execute said document", be adopted. Roll call vote -Ayes: Seven. Motion carried. Resolution adopted and upon approval by Mayor assigned No. 2022-158 107086 - Nichols/Chiles that "Resolution approving a Detour Agreement with the Iowa Department of Transportation, for the detour of primary highways onto local roads, in conjunction with the reconstruction of US Highway 218, west from the US Highway 218 north -bound on -ramp at the Airport Boulevard interchange, and authorizing the Mayor to execute said document", be adopted. Roll call vote -Ayes: Seven. Motion carried. Mr. Feuss questioned if there would be any head to head traffic. Jamie Knutson, City Engineer confirmed all traffic would be detoured to Airport Blvd., so there would be no head to head traffic during this construction and that construction will not start construction for the eastbound lanes until next summer Resolution adopted and upon approval by Mayor assigned No. 2022-159 107087 - Grieder/Wilder that "Resolution approving an Early Access Agreement with Union Development Holdings, LLC, to allow survey work in preparation of development of the site north of 501 Lakeside Street, and authorizing the Mayor and City Clerk to execute said document", be adopted. Roll call vote -Ayes: Seven. Motion carried. Mr. Boesen questioned the purpose for early access as a development agreement hasn't been approved for this project. Noel Anderson, Community Planning and Development Director explained access was for survey work only. Resolution adopted and upon approval by Mayor assigned No. 2022-160 107088 - Grieder/Wilder that "Resolution approving a Temporary Construction Easement Agreement with FDP OC, LLC, in conjunction with the reconstruction of the Park Avenue Bridge, located at 501 Commercial Street, and authorizing the Mayor and City Clerk to execute said document", be adopted. Roll call vote -Ayes: Seven. Motion carried. Mr. Boesen questioned the difference between the two Early Access Agreements on the agenda and expressed his concerns that the agreement for the property at 6216 Hammond Avenue is not a binding document as it lacks basic information and authorized signatures. Page 17 of 436 March 21, 2022 Page 8 Noel Anderson explained that normally attorney Chris Wendland drafts real estate documents for his department and stated that if there is a preferred template, he will use it, but that he doesn't know why there are two different templates. Mr. Boesen asked that there be some consistency for the council and to at least state the dollar amount. Mayor Hart agreed consistency should be practiced. Resolution adopted and upon approval by Mayor assigned No. 2022-161 107089 - Grieder/Wilder that "Resolution approving a Temporary Easement Agreement with Kimberly Ann Reiter, in the amount of $174.96, for purposes of ingress and egress of property located at 6216 Hammond Avenue, in conjunction with the Hammond Avenue Sink Creek Bridge Construction Project", be adopted. Roll call vote -Ayes: Seven. Motion carried. Resolution adopted and upon approval by Mayor assigned No. 2022-162 107090 - Amos/Chiles that "Resolution concurring with the determination of City Planner approving a proposed change to the approved site plan in the "S-1" Shopping Center District for the construction of a 2,046 square foot Scooter's Coffee Shop and Restaurant, and a 24-stall parking lot at the northeast corner of Kimball Avenue and Ridgeway Avenue, as a Minor Site Plan Amendment", be adopted. Roll call vote -Ayes: Seven. Motion carried. Alex Bower, Robinson Engineering, clarified the proposed square footage should be 1,660 square feet as opposed to 2,046 square feet. 107091 - Amos/Boesen that the square footage of the proposed site plan be changed to 1,660 square feet. Voice vote -Ayes: Seven. Motion carried. Resolution adopted and upon approval by Mayor assigned No. 2022-163 107092- Amos/Chiles that "Resolution approving a Designated Fund Agreement with the Waterloo Community Foundation in conjunction with the Transforming Gates and Byrnes Parks Project, and authorizing the Mayor and City Clerk to execute said document", be adopted. Roll call vote -Ayes: Seven. Motion carried. Mr. Amos requested an overview of the agreement. Paul Huting, Leisure Services Director, explained the fund was being set up for smaller grass roots donations for smaller items like benches, within the project, to go along with larger donations. He further explained the project has a $25,000.00 startup donation from last year from RAGBRAI the VGM employees fund. Resolution adopted and upon approval by Mayor assigned No. 2022-164 107093 - Amos/Chiles that "Resolution approving Private Property Native Planting Regulations", be adopted. Roll call vote - Ayes: Seven. Motion carried. Resolution adopted and upon approval by Mayor assigned No. 2022-165 ORDINANCES 107094 - Grieder/Amos Page 18 of 436 March 21, 2022 Page 9 that "an ordinance amending the City of Waterloo Traffic Code that Subsection (193) Jefferson Street of Section 551, Parking Prohibited At All Times on Certain Streets, is repealed in its entirety, that a new Subsection (193) Jefferson Street of Section 551, Parking Prohibited at All Times on Certain Streets, of the City of Waterloo Traffic Code, is hereby enacted in lieu there of as follows: adding the northeast side of the 300 block of Jefferson Street between West 1st Street and West 2nd Street.", be received, placed on file, considered and passed for the first time. Roll call vote -Ayes: Seven. Motion carried. 107095 - Grieder/Amos that rules requiring ordinances to be considered and voted for passage at two prior meetings be suspended. Roll call vote -Ayes: Seven. Motion carried. 107096 - Grieder/Amos that "an ordinance amending the City of Waterloo Traffic Code that Subsection (193) Jefferson Street of Section 551, Parking Prohibited At All Times on Certain Streets, is repealed in its entirety, that a new Subsection (193) Jefferson Street of Section 551, Parking Prohibited at All Times on Certain Streets, of the City of Waterloo Traffic Code, is hereby enacted in lieu there of as follows: adding the northeast side of the 300 block of Jefferson Street between West 1st Street and West 2nd Street.", be considered and passed for the second and third times and adopted. Roll call vote -Ayes: Seven. Motion carried. Ordinance adopted and upon approval by Mayor assigned No. 5637. 107097 - Feuss/Wilder that "an ordinance amending the City of Waterloo Traffic Code that Subsection (59) Jefferson Street of Section 553, No Parking Here To Corner of the City of Waterloo Traffic Code, is hereby deleted in its entirety, and inserted in lieu thereof a new subsection as follows: Jefferson Street - 200 block from West 1st Street to west of driveway", be received, placed on file, considered and passed for the first time. Roll call vote -Ayes: Seven. Motion carried. 107098 - Feuss/Wilder that rules requiring ordinances to be considered and voted for passage at two prior meetings be suspended. Roll call vote -Ayes: Seven. Motion carried. 107099 - Feuss/Wilder that "an ordinance amending the City of Waterloo Traffic Code that Subsection (59) Jefferson Street of Section 553, No Parking Here To Corner of the City of Waterloo Traffic Code, is hereby deleted in its entirety, and inserted in lieu thereof a new subsection as follows: Jefferson Street - 200 block from West 1st Street to west of driveway", be considered and passed for the second and third times and adopted. Roll call vote -Ayes: Seven. Motion carried. Sandie Greco, Traffic Operations Director explained this was requested by the Sprotsplex personnel as there were safety issues exiting the parking lot after construction on Jefferson changed driveways and traffic entering on Jefferson Street and that this change only applies to parking across the street from the Sportsplex. Ordinance adopted and upon approval by Mayor assigned No. 5638. ADJOURNMENT 107100 - Feuss/Chiles that the Council adjourn at 6:27 p.m. Voice vote -Ayes: Seven. Motion carried. Kelley Felchle City Clerk Page 19 of 436 CITY OF WATERLOO Council Communication Minutes of March 24, 2022, Special Session, as proposed. City Council Meeting: 4/4/2022 Prepared: ATTACHMENTS: Description Type ❑ Minutes of March 24, 2022, Special Session Backup Material ❑ Minutes 03.24.2022 Backup Material SUBJECT: Minutes of March 24, 2022, Special Session, as proposed. Submitted by: Submitted By: Page 20 of 436 March 24, 2022 The Council of the City of Waterloo, Iowa, met in Special Session at City Hall Council Chambers, Waterloo, Iowa, at 5:00 p.m., on Thursday, March 24, 2022. Mayor Quentin Hart in the Chair. Roll Call: Boesen, Nichols, Amos, Chiles, Grieder, and Feuss. Ms. Wilder arrived at 5:38 p.m. 107100 - Feuss/Grieder that the Agenda, as proposed, for the Special Session on Thursday, March 24, 2022, at 5:30 p.m., be accepted and approved. Voice vote -Ayes: Six. Motion carried. PRESENTATION Presentation from Michelle Weidner, Chief Financial Officer, on the FYE2023 budget. Mayor Hart and city council members discussed the proposed budget with the Chief Financial Officer. PUBLIC HEARING 107101 - Feuss/Grieder that proof of publication of notice of public hearing on FYE2023 Budget, as published in the Waterloo Courier on March 14, 2022, be received and placed on file. Voice vote -Ayes: Seven. Motion carried. This being the time and place of public hearing, the Mayor called for written and oral comments and there were none. 107102 - Feuss/Grieder that the hearing be closed and oral and written comments, be received and placed on file. Voice vote -Ayes: Seven. Motion carried. 107103 - Feuss/Grieder Resolution approving FYE2023 budget including total property tax askings of $48,221,475 $46,366,082 and a levy rate of $19.74793 $18.9716 for the budget year ending June 30, 2023. Roll call vote -Ayes: Seven. Motion carried. Mr. Grieder thanked staff and the Mayor for their hard work on the budget. Mr. Boesen commented that he is disappointed that nobody from the public is here to adopt the budget. He expressed concern for the use of ARPA funds now to pay for increases in expenditures in the future. He further stated that he will be voting in favor of the budget. Mayor Hart thanked everyone for their hard work on the budget. Resolution adopted and upon approval by Mayor assigned No. 2022-166. 107104 - Feuss/Grieder To amend the resolution by changing the task askings to $46,366,082 and levy rate to $18.9716, and striking the figures as listed on the agenda. Roll call vote -Ayes: Seven. Motion carried. ADJOURNMENT 107105 - Feuss/Grieder that the Council adjourn at 6:16 p.m. Voice vote -Ayes: Seven. Motion carried. Kelley Felchle City Clerk Page 21 of 436 March 24, 2022 The Council of the City of Waterloo, Iowa, met in Special Session at City Hall Council Chambers, Waterloo, Iowa, at 5:00 p.m., on Thursday, March 24, 2022. Mayor Quentin Hart in the Chair. Roll Call: Boesen, Nichols, Amos, Chiles, Grieder, and Feuss. Ms. Wilder arrived at 5:38 p.m. 107100 - Feuss/Grieder that the Agenda, as proposed, for the Special Session on Thursday, March 24, 2022, at 5:30 p.m., be accepted and approved. Voice vote -Ayes: Six. Motion carried. PRESENTATION Presentation from Michelle Weidner, Chief Financial Officer, on the FYE2023 budget. Mayor Hart and city council members discussed the proposed budget with the Chief Financial Officer. PUBLIC HEARING 107101 - Feuss/Grieder that proof of publication of notice of public hearing on FYE2023 Budget, as published in the Waterloo Courier on March 14, 2022, be received and placed on file. Voice vote -Ayes: Seven. Motion carried. This being the time and place of public hearing, the Mayor called for written and oral comments and there were none. 107102 - Feuss/Grieder that the hearing be closed and oral and written comments, be received and placed on file. Voice vote -Ayes: Seven. Motion carried. 107103 - Feuss/Grieder Resolution approving FYE2023 budget including total property tax askings of $48,221,475 $46,366,082 and a levy rate of $19.74793 $18.9716 for the budget year ending June 30, 2023. Roll call vote -Ayes: Seven. Motion carried. Mr. Grieder thanked staff and the Mayor for their hard work on the budget. Mr. Boesen commented that he is disappointed that nobody from the public is here to adopt the budget. He expressed concern for the use of ARPA funds now to pay for increases in expenditures in the future. He further stated that he will be voting in favor of the budget. Mayor Hart thanked everyone for their hard work on the budget. Resolution adopted and upon approval by Mayor assigned No. 2022-166. 107104 - Feuss/Grieder To amend the resolution by changing the task askings to $46,366,082 and levy rate to $18.9716, and striking the figures as listed on the agenda. Roll call vote -Ayes: Seven. Motion carried. ADJOURNMENT 107105 - Feuss/Grieder that the Council adjourn at 6:16 p.m. Voice vote -Ayes: Seven. Motion carried. Kelley Felchle City Clerk Page 22 of 436 CITY OF WATERLOO, IOIlIrA pROCummON WHEREAS, service to others is a hallmark of the American character, and central to how we meet our challenges; and II S, the nation's elected leaders are increasingly turning to national service and volunteerism to engage their residents and help tackle their greatest �•' needs; and WHEREAS, AmeriCorps and AmeriCorps Seniors participants address the most pressing challenges facing our communities; they help our nation recover from the COVID-19 pandemic, educate students for 21st Century jobs, fight the opioid epidemic, respond to natural disasters, and support veterans and military families; and national service represents a unique public -private partnership that invests in community solutions and leverages non -governmental resources to strengthen community impact and increase the return on taxpayer dollars; and WHEREAS, national service expands economic opportunity by creating more sustainable, resilient communities and providing education, career skills, and leadership abilities for those who serve; and WHEREAS, AmeriCorps and AmeriCorps Seniors participants serve in more than 40,000 locations across the country, bolstering the civic, neighborhood, and faith -based organizations that are so vital to our economic and WHERE •' social well-being; and HEREAS, national service participants increase the impact of the organizations they serve, both through their direct service and by managing millions j.' of additional volunteers; and WHEREAS, national service represents a unique public -private partnership that invests in community solutions and leverages non-federal resources to strengthen community impact and increase the return on taxpayer dollars; and WHEREAS, national service participants demonstrate commitment, dedication, and patriotism by making an intensive commitment to service, a commitment that remains with them in their future endeavors; and WHEREAS, AmeriCorps shares a priority with local leaders nationwide to engage citizens, improve lives, and strengthen communities and is joining with local leaders across the country for National Service Recognition Day on April 6, 2022 NOW, THEREFORE, I, Quentin Hart, Mayor of the City of Waterloo, Iowa, do hereby proclaim April 6, 2022 as NATIONAL SERVICE RECOGNITION DAY And encourage residents to recognize the positive impact of national service in our community, to thank those who serve; and to find ways to give back to their communities. IN WITNESS WHEREOF, I have hereunto set my hand and caused the official seal of the City of Waterloo to be affixed this 4th day of April 2022. ATTEST: ,L; Kelley Fe1FIile, City Clerk City of Waterloo, Iowa Quentin Hart, Mayor City of Waterloo, Iowa Page 23 of 436 C1TY OF WATERLOO, ioWA PROCLAMATION WHERE AS, the week of April 11 through April 15, 2022, has been designated as National Community Development Week to celebrate the Community Development Block Grant (CDBG) Program; and 1 (HERE S, the CDBG Program provides annual funding and flexibility to local communities to provide decent, safe and affordable housing, a suitable living environment, and economic opportunities to low- and moderate - income people; and I'HFREAS, over the past three years, our community has received a total of $4,841,049 in CDBG funds, which includes COVID-19 funds, and has funded a variety of projects that have directly benefited our citizens and neighborhoods; and NOW, THEREFORE BE IT RESOLVED that the City of Waterloo, Iowa, designates the week of April 11 -15, 2022, as NATIONAL COMMUNITY DEVELOPMENT WEEK in support of this valuable program that has made tremendous contributions to the viability of the housing stock, infrastructure, public services, and economic well-being of our community. BE IT FURTHER RESOLVED that our community urges Congress and the Biden Administration to recognize the outstanding work being done locally and nationally with CDBG by supporting the increased funding for the program in FY 2023. IN WITNESS WHEREOF, I have hereunto set my hand and caused the official seal of the City of Waterloo, Iowa, to be affixed this 4th day of April 2022. ATTEST: Kelley Fe City Cler Quentin Hart Mayor age o 3 CITY OF WATERLOO Council Communication Resolution approving Variance to Noise Ordinance request from Waterloo Auto Parts, Inc., in conjunction with the 2022 Iowa Auto Recyclers Summer Outing, to be held on June 11, 2022 from 7:00 p.m. to 12:00 a.m., at 1501 Grandview, including live music. City Council Meeting: 4/4/2022 Prepared: 3/23/2022 ATTACHMENTS: Description Type ❑ Noise Variance Backup Material SUBJECT: Resolution approving Variance to Noise Ordinance request from Waterloo Auto Parts, Inc., in conjunction with the 2022 Iowa Auto Recyclers Summer Outing, to be held on June 11, 2022 from 7:00 p.m. to 12:00 a.m., at 1501 Grandview, including live music. Submitted by: Submitted By: Robert Duncan, Police Captain Page 25 of 436 APPLICANT'S NAME: APPLICATION FOR VARIANCE TO NOISE ORDINANCE Av,-tb?a, Imo. APPLICANT'S ADDRESS: t1W jv 1J14,44 Li&VI ®1t� 50703 APPLICANT'S PHONE #: 31,. a, - 61 ((0 , C€JtNCI' 05346 ANTICIPATED DATE OF VARIANCE: 10111 lam NAME OF EVENT: AC2D. -Ot hdb C Q(S SAXvW V.( ® � TIMES OF DAY OF VARIANCE: I r.-- V aws. LAyts.s b GEOGRAPHICAL LOCATION OF VARIANCE: \Akpp 144 P6.(0)4L. 15O' r'a" es-v DISTANCE OF ACTIVITY FROM RESIDENTIAL PROPERTIES: 1\..VOCY.- PLEASE EXPLAIN THE EVENT REQUIRING THE VARIANCE AND BE SPECIFIC, INCLUDE GEOGRAPHICAL LOCATION, AND WHAT ACTUALLY WILL EXCEED THE NOISEORDINANCE, SUCH AS A BAND PLAYING, PA SYSTEM, ETC. 1. 140sit> Ostinf. c3C0 rp1.a-- �ar .20. Z • 44aolislcitis cSUm.m m O kA±a* tcDtA LivL bar,i.-kit, P` 6u S411- 2. Applicant's Signature Date CITY COUNCIL ACTION: Police Dept. Recommendation APPROVAL: DENIAL: APPROVA DENIAL: DECIBEL LEVEL: 747 1 7c< k0 QZ,4„, Page 26 of 436 Page 27 of 436 CITY OF WATERLOO Council Communication Resolution approving Acknowledgment/Settlement Agreement -First Violation for KWIK STOP 4, 515 Broadway, Waterloo, Iowa 50703, Tobacco Violation, and Accepting Check for Civil Penalty of $300.00. City Council Meeting: 4/4/2022 Prepared: 3/15/2022 ATTACHMENTS: Description SUBJECT: Type Resolution approving Acknowledgment/Settlement Agreement -First Violation for KWIK STOP 4, 515 Broadway, Waterloo, Iowa 50703, Tobacco Violation, and accepting check for civil penalty of $300.00. Submitted by: Submitted By: Martin M. Petersen, City Attorney Page 28 of 436 CITY OF WATERLOO Council Communication Resolution approving Acknowledgment/Settlement Agreement -First Violation for Prime Mart 3, 1008 La Porte Road, Waterloo, Iowa 50702, Tobacco Violation, and Accepting Civil Penalty of $300.00. City Council Meeting: 4/4/2022 Prepared: 3/15/2022 ATTACHMENTS: Description SUBJECT: Type Resolution approving Acknowledgment/Settlement Agreement -First Violation for Prime Mart 3, 1008 La Porte Road, Waterloo, Iowa 50702, Tobacco Violation, and Accepting Civil Penalty of $300.00. Submitted by: Submitted By: Martin M. Petersen, City Attorney Page 29 of 436 CITY OF WATERLOO Council Communication Resolution approving Acknowledgment/Settlement Agreement -First Violation for Lanes Corner Store, 2027 Falls Avenue, Waterloo, Iowa 50701, Tobacco Violation, and Accepting Civil Penalty of $300.00. City Council Meeting: 4/4/2022 Prepared: 3/15/2022 ATTACHMENTS: Description SUBJECT: Type Resolution approving Acknowledgment/Settlement Agreement -First Violation for Lanes Comer Store, 2027 Falls Avenue, Waterloo, Iowa 50701, Tobacco Violation, and Accepting Civil Penalty of $300.00. Submitted by: Submitted By: Martin M. Petersen, City Attorney Page 30 of 436 CITY OF WATERLOO Council Communication Resolution approving Acknowledgment/Settlement Agreement -First Violation for Casey's General Store No. 2879, 3260 University Ave., Waterloo, Iowa 50701, Tobacco Violation, and Check for $300.00 for civil penalty. City Council Meeting: 4/4/2022 Prepared: 3/23/2022 ATTACHMENTS: Description SUBJECT: Type Resolution approving Acknowledgment/Settlement Agreement -First Violation for Casey's General Store No. 2879, 3260 University Ave., Waterloo, Iowa 50701, Tobacco Violation, and Check for $300.00 for civil penalty. Submitted by: Submitted By: Martin M. Petersen, City Attorney Page 31 of 436 CITY OF WATERLOO Council Communication Resolution approving Acknowledgment/Settlement Agreement -First Violation -Affirmative Defense for Hy-Vee Gas, 2221 Logan Avenue, Waterloo, Iowa, Tobacco Violation. City Council Meeting: 4/4/2022 Prepared: 3/23/2022 ATTACHMENTS: Description Type ❑ Hy-Vee Communication Backup Material SUBJECT: Resolution approving Acknowledgment/Settlement Agreement -First Violation -Affirmative Defense for Hy-Vee Gas, 2221 Logan Avenue,. Waterloo, Iowa, Tobacco Violation. Submitted by: Submitted By: Martin M. Petersen, City Attorney Recommended Action: Summary Statement: Approve Affirmative Defense and Certificate of Completion of ABD Class for Employee. Businesses may use an Affirmative Defense, once every 4 years. If a clerk who is cited took the online class for tobacco violations they are issued a certificate. You can use that if the clerk is cited and no civil penalty is enforced. You can only use this certificate once every 4 years for that business location. Page 32 of 436 UgVoo A Helpful Smile In Every Aisle March 23, 2022 Martin M. Petersen Waterloo City Attorney 715 Mulberry Street Waterloo, IA 50703 ONLY VIA EMAIL TO: RE: Tobacco Violation — Assertion of Affirmative Defense Hy-Vee Gas, 2221 Logan Avenue, Waterloo, IA 50703 Dear Whom It May Concern, With respect to the violation of Iowa Code §453A.2(1) by an employee of Hy-Vee, Inc., Melodie Asling, at the Hy-Vee convenience store on 2221 Logan Avenue in Waterloo, Iowa on February 13, 2022, please accept this letter on behalf of Hy-Vee, Inc. as an assertion of the affirmative defense available pursuant to Iowa Code §453A.22(3). To the best of our knowledge Hy-Vee has not previously asserted an affirmative defense available to it pursuant to Iowa Code §453A.22(3) at this licensed location within the four (4) year period prior to the date of this letter. Enclosed herewith please find a copy of proof of Ms. Asling's completion of the Iowa Pledge Retailer Training Program dated December 5, 2021, which was revoked as a result of this incident. If you have any questions or need any additional documents signed, please call me at 515-267-7771 or email at asmook@hy-vee.com. Very Truly Yours, Hy-Vee, Inc. Andrea M. Smook Assistant General Counsel cc: Kyle Greenleaf, District Store Director Kyle Kreutner, Store Manager Hy-Vee, Inc. 5820 Westown Parkway, West Des Moines, IA 50266 Page 33 of 436 IN RE: HY-VEE GAS ACKNOWLEDGMENT/ 2221 LOGAN AVENUE SETTLEMENT AGREEMENT - WATERLOO, IOWA 50703 AFFIRMATIVE DEFENSE I (we) hereby knowingly and voluntarily acknowledge that we have received the Notice of Hearing and the Complaint in the above case. I (we) hereby knowingly and voluntarily acknowledge the facts and allegations contained in the Complaint, attached hereto and incorporated herein by reference, and knowingly and voluntarily admit that the same are true and correct. I (we) hereby assert the affirmative defense. Employee received training in the program authorized by the Alcoholic Beverages Division, a copy of which is attached hereto, and made a part hereof by this reference. This affirmative defense can only be asserted once by the undersigned retailer at this retail location in a four-year period. There will be no civil penalty assessed with the affirmative defense. This Settlement Agreement shall be approved by the City Council and copies forwarded to the Attorney General's Office, Alcoholic Beverages Division and Retailer. T e above -captioned permit holder hereby waives all jurisdictional claims. Print Date: 3 / f jao. NOTE: This must be signed by an individual cigarette permittee, or in the case of another business entity, by individual(s) who have authority to bind the entity. If you decide to sign this ACKNOWLEDGMENT/SETTLEMENT AGREEMENT -AFFIRMATIVE DEFENSE and waive your appearance at a hearing, return this document, properly signed and dated, and return to: Martin M. Petersen, Waterloo City Attorney, 715 Mulberry Street, Waterloo, Iowa, 50703. Page 34 of 436 TOBACCO, ALTERNATIVE PLEDGE NICOTINE & VAPOR PRODUCTS RETAILER CERTIFICATION State at Iowa ALCOHOLIC BEVERAGES DIVISION ® Tobacco Training: Search for Certification Records Results Horne I I Search Horne I Export CSV 1 users were found that matches your search for " melodie acting Name melodie ashng IHorne I Certification Date Expiration Date Revocation Date Employer City County State Status Certificate 12/05/2021 12/05/2023 02/ 13/ 2022 hyvee waterloo Black Iowa revoked 169809 (`.'-.: Hawk ) Search Home I I Export CSV I Copyright e2019 State of Iowa A(cohotic Beverages Division. Ali Rights Reserved. Hy-Vee, Inc. 5820 Westown Parkway, West Des Moines, IA 50266 Page 35 of 436 CITY OF WATERLOO Council Communication Resolution approving Acknowledgment/Settlement Agreement -1st Violation Affirmative Defense for Hy-Vee Food Store #2, 2181 Logan Avenue, Waterloo, Iowa, Tobacco Violation. City Council Meeting: 4/4/2022 Prepared: 3/23/2022 ATTACHMENTS: Description Type ❑ Hy-Vee Communication Backup Material SUBJECT: Resolution approving Acknowledgment/Settlement Agreement -1st Violation Affirmative Defense for Hy-Vee Food Store #2, 2181 Logan Avenue, Waterloo, Iowa, Tobacco Violation. Submitted by: Submitted By: Martin M. Petersen, City Attorney Recommended Action: Summary Statement: Approve Affirmative Defense and Certificate of employee from ABD class online. Each business can use an Affirmative Defense for an employee who has completed the online ABD class for tobacco violations. They are issued a certificate, and that certificate is turned in and affirmative defense requested. There is no civil penalty, but the business is unable to use the Affirmative Defense for the next 4 years. Page 36 of 436 Nitro. A Helpful Smile In Every Aisle March 23, 2022 Martin M. Petersen Waterloo City Attorney 715 Mulberry Street Waterloo, IA 50703 ONLY VIA EMAIL TO: RE: Tobacco Violation — Assertion of Affirmative Defense Hy-Vee Food Store #2, 2181 Logan Avenue, Waterloo, IA 50703 Dear Whom It May Concern, With respect to the violation of Iowa Code §453A.2(1) by an employee of Hy-Vee, Inc., Andrew Stuffs, at the Hy-Vee store on 2181 Logan Avenue in Waterloo, Iowa on February 7, 2022, please accept this letter on behalf of Hy-Vee, Inc. as an assertion of the affirmative defense available pursuant to Iowa Code §453A.22(3). To the best of our knowledge Hy-Vee has not previously asserted an affirmative defense available to it pursuant to Iowa Code §453A.22(3) at this licensed location within the four (4) year period prior to the date of this letter. Enclosed herewith please find a copy of proof of Mr. Stutt's completion of the Iowa Pledge Retailer Training Program dated August 11, 2021. If you have any questions or need any additional documents signed, please call me at 515-267-7771 or email at asmook@hy-vee.com. Very Truly Yours, Hy-Vee, Inc. Andrea M. Smook Assistant General Counsel cc: Kyle Greenleaf, District Store Director Kyle Kreutner, Store Manager Hy-Vee, Inc. 5820 Westown Parkway, West Des Moines, IA 50266 Page 37 of 436 PLEDGE Id a / g7z. dlia l'a1'clecl to: f1Ndretl' desho11 stuns For' completion of Iowa Pledge Retailer Training Program Date of completion: Aug 11, 2021 Expires on: Aug 11. 2023 Certificate No: 165111 Thank 1'ou for participating in the Iowa Pledge Retailer Training Program and for partnering with the Iowa Alcoholic Beverages Dtvrsiou to not sell tobacco products to Iowa's kids. State of Iowa Alcoholic Beverages Division 191S SE Hulsizer Road, Stephen Larson Ankeny, IA 50021 Administrator Hy-Vee, Inc. 5820 Westown Parkway, West Des Moines, IA 50266 Page 38 of 436 IN RE: HY-VEE FOOD STORE #2 ACKNOWLEDGMENT/ 2181 LOGAN AVENUE SETTLEMENT AGREEMENT - WATERLOO, IOWA 50703 AFFIRMATIVE DEFENSE I (we) hereby knowingly and voluntarily acknowledge that we have received the Notice of Hearing and the Complaint in the above case. I (we) hereby knowingly and voluntarily acknowledge the facts and allegations contained in the Complaint, attached hereto and incorporated herein by reference, and knowingly and voluntarily admit that the same are true and correct. I (we) hereby assert the affirmative defense. Employee received training in the program authorized by the Alcoholic Beverages Division, a copy of which is attached hereto, and made a part hereof by this reference. This affirmative defense can only be asserted once by the undersigned retailer at this retail location in a four-year period. There will be no civil penalty assessed with the affirmative defense. This Settlement Agreement shall be approved by the City Council and copies forwarded to the Attorney General's Office, Alcoholic Beverages Division and Retailer. Th above -captioned permit holder hereby waives all jurisdictional claims. Date: 3la /070,Q NOTE: This must be signed by an individual cigarette perrnittee, or in the case of another business entity, by individual(s) who have authority to bind the entity. If you decide to sign this ACKNOWLEDGMENT/SETTLEMENT AGREEMENT -AFFIRMATIVE DEFENSE and waive your appearance at a hearing, return this document, properly signed and dated, and return to: Martin M. Petersen, Waterloo City Attorney, 715 Mulberry Street, Waterloo, Iowa, 50703. Page 39 of 436 CITY OF WATERLOO Council Communication Resolution accepting VGM Community Giving Grant funds, in the amount of $10,000.00, to be used for the purchase of a Lucas Mechanical CPR Device. City Council Meeting: 4/4/2022 Prepared: 3/15/2022 SUBJECT: Resolution accepting VGM Community Giving Grant funds, in the amount of $10,000.00, to be used for the purchase of a Lucas Mechanical CPR Device. Submitted by: Submitted By: Jason Hernandez, Medical Supervisor Page 40 of 436 CITY OF WATERLOO Council Communication Resolution approving an application to the Black Hawk County Metropolitan Area Transportation Policy Board, for Surface Transportation Block Grant program funding, in conjunction with the La Porte Road Revitalization Phase 3 Project. City Council Meeting: 4/4/2022 Prepared: 3/23/2022 ATTACHMENTS: Description D MPO STBG Application La Porte Road Phase 3 D Plan Profile sheets D Strip Map Aerial of entire corridor ❑ Example Resolution SUBJECT: Submitted by: Recommended Action: Summary Statement: Data/Analysis and Strategies: Implementation, Accountability, and Communication: Community Engagement Methods: Type Backup Material Backup Material Backup Material Backup Material Resolution approving an application to the Black Hawk County Metropolitan Area Transportation Policy Board, for Surface Transportation Block Grant program funding, in conjunction with the La Porte Road Revitalization Phase 3 Project. Submitted By: Noel Anderson, Community Planning and Development Director Approve Resolution The Black Hawk County Metropolitan Area Transportation Policy Board (MPO) oversees and allocates federal funding and state swap funding through the Surface Transportation Block Grant (STBG) Program, and annually accept applications to program the funding for qualifying projects. This project would include reconstruction of the portion of La Porte Road from Grimm Street to approximately 400 feet south of San Marnan Drive. Other portions of La Porte Road will also be reconstructed as part of a multi -phase project, with this being the third phase. Phase one and two are already programed, and it is anticipated that additional segments will be requested for funding in the future. Transportation Improvements STBG state swap funds, and GO Bonds and/or LOST. Public meetings have already been held, and additional meetings will be held as the project progresses. $3,720,000 total, including $2,976,000 requested in STBG funding and $744,000 in GO Bonds and/or LOST. The STBG funds can fund up to Expenditure Required/Source of 85% of a project, but the additional local funds are anticipated to be needed Funds: to complete the project, and project costs exceed available funding through Page 41 of 436 the program. The funding is being requested to be programed in the 2026 fiscal year. Page 42 of 436 Black Hawk County MPO STBG Application FY 2023-2026 Project Sponsor Agency: City of Waterloo Project Title: La Porte Road Revitalization — Phase 3 Project Description: Reconstruction of La Porte Road from Grimm Street to 400' South of San Marnan Drive Project Termini: Grimm Street to 400' south of San Marnan Drive Project Length: 0.38 Miles (2000 LF) Federal Functional Classification: Minor Arterial Project Elements (2026): Construction Project Cost Estimate (2026): $3,720,000 STBG Requested (2026): _$2,976,000 (80%) Other Funding Secured: _$744,000 (20% Local)_ Sources of other funding: G.O. Bonds What is the Project's 2045 Long -Range Transportation Plan number (if applicable): 313 Has your agency previously applied for STBG funds for this project: No Has any part of this project been started or completed: No Project Type: Road and/or Bridge Reconstruction Traffic Calming Measures included in preliminary design: Narrowing street/driving lanes, Street trees, and pedestrian accommodations. Intelligent Transportation System elements included in preliminary design: Fiber will be installed as a separate project along this corridor. Access Management elements included in preliminary design: Driveway closure, consolidation or relocation. Transit elements included in preliminary design: Pedestrian connections from bus stop to sidewalk. Benches. Bike accommodations included in preliminary design: Off -road recreational trail. Pedestrian accommodations: New sidewalk, off -road recreational trail Have public input meetings been held specific to this project: yes If yes provide specific dates: 2020-11-17 for Public Information Meeting; 11/17/20 Public Information Meeting, 4/21/21 Stakeholder Meeting, and additional meetings will be held. An Executed Resolution has been e-mailed to MPO? Preliminary Design Plan has been e-mailed to MPO? A detailed cost estimate has been e-mailed to MPO? Page 43 of 436 . � Op S F I , cn0 y or f0� X\ \ 7 PRIME RE LLCO �� OF IOWA PRIME RE LLC �y F� PRIME RE LLC O LO �� \s> d0 c� - (LT) O 60°19'37.21" v T = 435.87 CONSTRUCTION LIMITS k \X L = 789.68 OO R = 750.00 O � = 117.46 e V O e E_ O OPT O O At14 Sta.168+52.00 0 0 0 O 00 61 Skew 5 ° Rt. A. A + O O 10'X8' RCB Culvert F CI I + r- out let El. 831.53 u1 O �0 / % �� -' al 6� /�a/ Sta.170+24.50 QO � TWIN 42"x70.4' Conc. Pope LP o�d Inlet El. 839.97 cl- Outlet El. 835.00 ' ,r, x - STATE OF IOWA j" m ,-As:)-- - MUTUAL WHEEL COMPANY INC T HILLTOP KENNELS LLC +‘Sta.177+62_80, 44 ^ Et. x fel 18' x61.2' CMP EX RIW __--- CONSTRUCTION LIMITS _ >-- - i Inlet El.-842.29 Outlet El. 842 18 X E STATE OF IOWA 40 -RANGF T�; Ye.. D FEET 50 =`. ;. . - �: gg {� T R -' 1 i , 855 855- PI = +00.00 ELV = 848.09 ELV = 846.74 L = 150.00 L = 150.00 K = 151 850 850 +0.50% -0.50% +0.50% -0.50% 845 845 -0.50% + .50% ° VPI = 60.00 VPI = +75.00 ELV = 845.44 840 ELV 844.62 L = 150.00 840 K = 150 835 835 830 830 825 825 820 820 815 815 a1 N 0 N 0, 01 N Cr N 01 N Cr N 01 N V N N CO lfl M N N V N a1 N V/ r In co r ci N V N a1 N V I- 01 N V I- cr, N V l0 ir1 0 0 /O CT N- V1 N 0 r lfl CO CO CO CO cc 01 N M Cr lD N. co 01 N CO V Vl Lf1 Lf1 V CO N 01 CO I", l0 LO l0 VD N W O N CO V1 lO I� oo O -N M V1 lO I� oo T 01 oo n l0 In cr /7 V 4 Lr1 Ifl V1 V1 V1 In In In 6 6 6 6 6 6 6 6 6 6 6 In In V1 I In Lr/ Lr/ In In Lr1 LO LO 6 6 6 6 6 kb N- N- n n N. n n n n - n n r- 1 N- n n N. 810 v v v v v a a v v v v v v v v v v v v v v v v v v v v v a a a v c a a v v v v v a a a a v a a v a a a 01 a a a a v a a v 810 FILE NO. ENGLISH I DESIGN TEAM AECOM I BLACK HAWKcouNT' PROJECT NUMBER STBG-SWAP-8155(775-776)--SG-07 I SHEET NUMBER D.6 4:05:32 PM 2/28/2022 PaarK pw:\\aecom-na-pw.bentley.com:AECOM_DS20_NA_2019\Documents\60622689-La Porte Rd -Hess adage} 0-fD4®10_CAD\Design\_Preliminary_CADD_Files\CADD_Files\Sheet_files\SHT_LaPorte_ Hess-D01.dgn I _ „ PRIME RE LLC CONSTRUCTION LIMITS O O q O O O + St'83+52.0, 27.8-F Lt. + \ + + 47.0' Conc. Pipa1 (in l0 N CO SHRI GAN�IPATI AND BAJRANGBALI IN � ,' Sta 89+78.10, 34.8 18' 7.0' Conc. -P Pi + -I 01 QA t PRIME RE LLC a 10 w O O + ---- 21 +00 OPP STREET a SHRI MA w 1 O O + M GAYATRI INC Sta.193+98.20, 30'X2"x47.0' O 0 - SHRI GAYATRI MA INC 51.3' Lt. Elliptical Conc. Q c 0 + o m LC ipe .a �� CHRISBROII INC O O O 0 + +24 l0 c N O O O O O N N N N. N 1 om \ O N N o IQ -i N EX R!WT- N -Ia- N P-1 m1 0_ �i, N " ,-1 La 1--I N 6_ _ N o ^ii . _ Q —. n�1>, - 1 I T - V t t .- '- 1 .- F •- .- I I - r - - - - + .- 1ylr, I ' — — I riz !4� I I `1 — y 1c I . 1 I Ic — yl -� -LA FORTE ROAD — I.I-. ILL -ems- �. _ o dJ a :1 \ 1���� Q o- o: c Lm R E0_ W o - - #�` N i Q1= EXR/W St 18"x11.7' CONSTRUCTION HILLTOP KENNELS IF . 183+75.22, 40 Conc. Pipe Sta.+70.00, 3:7 onc. LIN1ITS HILLTOP KENNELS 1 �1a 'Rt. 38.0' Rt. Pipe TD PROPERTIE I� + Sta.186+2\5\ 8"x48.�' O CONNOR a > 38.5' .;on'. Pipe DHANI MAHAVEER Le 0_ Cu a '711+� cm,. a - Sta.188+11.00, 9.4' 18"x196.8' Conc Pip Rt. ee DHANI MAHAVEER INC IDEBRA Rt.E- DILIP HOTELS col o v + GAVV AAM COM \ o HEKEL, ¢1- 71- v — F c iRwl��$ _ ' 1.IrL a1 "1 s` a - « m +8"x ::46,.1r.„...01:70, ? -416 CROSSROAD FORD LTD /> LLC LLC LLC STEVANA M R W LLC # M R A N.G E T W P. T.- H 8 N R 13 W 0 FEET 50 865 865 860 860 855 VPI = +5 ).00 855 ELV - 843.91 L = 100.0 0 850 K = 100 850 0 v 845 -0.50%� +0.�0 0 /0 0.50/0 +0.50% 845 VPI ElV = = +90.00 846.11 Vl'1 = +4U.1./U ELV = 846.1.6 840 L K = 120.00 = 121 L = 150.00 K = 150 840 835 835 830 830 825 825 N 01 tO n N. CO m tO [O O 03 m to tO f,- m 0 CO 01 tO m N r t0 m tO 413 CO 1 01 m 0 tO CO m t0 W m t0 - CO m tO tO In CO V1 tO tO M CO tO M 0 01 03 N. tO tO M W tO N M 01 0 01 N. O - N . 820o CO tO t0 t0 t0 'CO'COm in t0 m V m N N t0 t0 t0 O ova o 'CO0 m 1n t0 t0 t0 t0 co co o1 t0 m t0 m 0- m ,-, 0- m N Cr 1a lD I. 01 O r 0- n r- I` 0- 0 o6 co co m Co I m co co m N Cr 1n CO C0 W °D co co m m N N N N N N co o 0 o m - 1n N E-,— Co co co cD m co co m N m m 1- m 1- m 1f1 V N:1- 1- N N m co co m 1- t0 t0 t0 m m m m t0 W t0 W t0 m t0 m r-, N t0 0- 0- 0- m o I m m m 0- m La 0- m 0- m 0- m 820 05+00 206+00 207+00 208+00 209+00 210+00 211+00 213+00 214+00 215+00 216+00218+00 214+ENGLISH FILE NO. DESI N00 TEA COUNT21�+00OJECT NUMBER I SHEET NUMBER D217+00 I 4:05:38 PM 2/28/2022 PaarK pw:\\aecom-na-pw.bentley.com:AECOM_DS20_NA_2019\Documents\60622689-La Porte Rd -Hess Fddigice-fD4®10_CAD\Design\_Preliminary _ CADD-Files\CADDFiles\Sheetfiles\SHTLaPorte Hess-D01.dgn o o + CO PRIME RE 2 LLC s '�) CITY OF WATERLOO � o 00 0 o o / + + + r+ N al 0 w N N N i N N d N cG ZQ a u o N N FDG C39 IA WATERLOO LLC O + + N N N 4 w 14 SLB REAL EST INVEST SE II L C 4� CITY OF WATERLOO o �+ + o tbo rn o + a at,l �NJ N Lu r"Jt- MN 1E - �� LI°a I i4.. N N N °IPA Ir.Y� �1Q� h-- -: N N al H.X EZ/W q ' I� oNl0_ +IF +1F- tF7 t t t • 1 1 1 '- F f 1 1 y . -.. 1 .•_e'�s. , , . .. •" (RT) r _ ,: 'milo� T -_ �� TN alb q6 a Im r E R'W PlOIS L� v 1 ol��. e a rn i . EX R/W +F _ J 23 R+k-5000.00 � ��' 00. � E-0.42 �i L / Q� ' / 34 R 4I6 SHRI EKADANT INC �. pRYOR ENTERPRISES LC'r` CROSS R D HOTELS I C- NCI �� LEDERMAN BROS e , 32 PR MN4-E CO L 1925 LA PORT LLC a � SUNDANCE INC/ PARCO LTD _ W D V L HOLDINGS LLC / x ' ORAN TWP. FEET wr. -1 'il. R - 1 3 W 4 865 865 860 VPI = +40. )0 860 —EL-`, L = 200.00 855 K = 198 855 +0.50% -0.51% 850 — 850 845 845 840 840 835 835 830 830 825 825 CO ti O m O CO .-i m O n CO ti O m O CO ti m t0 O n CO ti ,� m t0 COCOO 0 m N. ti COm c O LID CO ti rn t0 COCOO ti O ti COm Vl O N. CO ti m tO O CO ti O t0 n t0 O I,- O N ti Ih N O n V Vl ti O CA tO CO tO 820 CO n co N co CO co N CO co m II1 LC/ N xi oci N co co co co -co N— W O O Ol co co co co m Ol co In Ol co rr co rr co CO ,-. N vl t0 O O O O O O O O co co co CO CQ co co Co ,-. N O ti ti ti CO CO CO CO m in t0 N ti ti ti ti CO. CO CO CO - co ,-. IN—ro ti Ni Ni Ni CO. CO, CO, Co t0 Ni Ni Ni Ni CO CO CO CO co Ni m m CO CO CO N m Co M m Co 1I1 m Co m CO m CO m Co l0 t0 /n m rY) CO CO CO cr N rn rn rn rVl CO CO CO CO CO I-, m Ni Ni Ni CO CO CO m 820 2 9+00 220+00 221+00 222+00 223+00 224+00 225+00 226+00 227+00 228+00 229+00 230+00 231+00 232+ p0 233+00 FILE NO. ENGLISH I DESIGN TEAM I COUNTY PROJECT NUMBER I SHEET NUMBER D. 4:05:45 PM 2/28/2022 PaarK pw:\\aecom-na-pw.bentley.com:AECOMDS20NA2019\Documents\60622689-La Porte Rd -Hess Fddiginki - fD4®10_CAD\Design\_Preliminary_CADD-Files\CADD_Files\Sheet_files\SHT_LaPorte_ Hess-D01.dg n LAPORTE ROAD LA PORTE ROAD RECONSTRUCTION City of Waterloo, Iowa January, 2022 Strip Map with D1 Alternative • U 5.218 FIRE STAWIO TOBACCO OUTLET PLUS CROSSROADS TACO � x DAIRY DENTAL JOHNS m QUEEN l m J AcDONALDS. MAJESTIC MOAN J LA PORTE ROAD IMAGE POINTE .A PORTE ROAD DADS PUB 0 ,. 0 c =0 r _ > m z r O r D D STEELSMITH PLAZA • ELIMINATE C m ACCESS m me I \ loos U.S. 218 co 0 c r- r Z 0 D m m • 1018 DADS PUB U.S. 218 BP GAS STATION BP GAS STATION D2 ALTERNATIVE LA PORTE ROAD LA PORTE ROAD CADILLAC %BC Page 47 of 436 EXAMPLE RESOLUTION A RESOLUTION OF THE CITY OF WATERLOO APPROVING AN APPLICATION TO THE BLACK HAWK COUNTY METROPOLITAN AREA TRANSPORTATION POLICY BOARD (MPO) FOR SURFACE TRANSPORTATION BLOCK GRANT (STBG) PROGRAM FUNDING FOR THE LA PORTE ROAD REVITALIZATION PHASE 3 PROJECT AND DIRECTING EXECUTION OF SAID APPLICATION BY THE CITY COUNCIL OF THE CITY OF WATERLOO. WHEREAS, the CITY OF WATERLOO is a full member in good standing of the Black Hawk County Metropolitan Area Transportation Policy Board (MPO); and WHEREAS, the MPO provides Surface Transportation Block Grant (STBG) Program funds, on a competitive basis, for eligible projects to preserve and improve the conditions and performance on any federal -aid highway, bridge project on any public road, pedestrian and bicycle infrastructure, and transit capital projects; and WHEREAS, it is in the best interest of the CITY OF WATERLOO to avail itself of financial assistance through the Surface Transportation Block Grant Program as administered by the Black Hawk County MPO. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO AS FOLLOWS: 1) The Surface Transportation Block Grant Program application for the LA PORTE ROAD REVITALIZATION PHASE 3 project is hereby approved and endorsed by the CITY COUNCIL OF THE CITY OF WATERLOO. 2) The improvements provided for in this application will be dedicated to public use and adequately maintained by the CITY OF WATERLOO. 3) The CITY OF WATERLOO assures the Black Hawk County Metropolitan Area Transportation Policy Board that funds for the local match have been or will be committed to the Surface Transportation Block Grant Program project. 4) The MAYOR is hereby designated as the official representative of the CITY OF WATERLOO and is further hereby directed and authorized to affix their signature to said application on behalf of the CITY COUNCIL OF THE CITY OF WATERLOO. PASSED AND ADOPTED this day of , 2022. ATTEST: Page 48 of 436 CITY OF WATERLOO Council Communication Resolution approving the grant extension for the Waterloo Police Department's Covid-19 Pandemic Initiative Grant, in the amount of $43,385.00, for Coronavirus response expenses, and authorizing the Mayor to execute said document. City Council Meeting: 4/4/2022 Prepared: 3/22/2022 ATTACHMENTS: Description Type ❑ Covid Grant Extension Backup Material SUBJECT: Submitted by: Summary Statement: Resolution approving the grant extension for the Waterloo Police Department's Covid-19 Pandemic Initiative Grant, in the amount of $43,385.00, for Coronavirus response expenses, and authorizing the Mayor to execute said document. Submitted By: Aaron McClelland, Police Captain This grant has been extended from expiring December 31, of 2021 to June 30, 2022 Page 49 of 436 IOWA CORONAVIRUS EMERGENCY SUPPLEMENTAL FUNDING (CESF) PROGRAM Governor's Office of Drug Control Policy Pape State Office Bldg., 5th Floor 215 E. 7th Street, Des Moines, Iowa 50319 (515) 725-0300 CESF CFDA #16.034 Grantee: Waterloo Police Department 715 Mulberry Waterloo, Iowa 50703 Grant #20-CESF- 383558 Grant Period: January 1, 2021 - June 30, 2022 Revised March 14, 2022 Federal: $43,385 Match: $0 Total: $43,385 ODCP Contact: Dennis Wiggins 515/725-0311 Legal Applicant: Joel Fitzgerald Program Director: Robert Duncan This grant is subject to the terms and conditions incorporated either directly or indirectly by reference in the grant program legislation, the grant program request for proposal, and the stipulations, if any, noted under "Special Conditions." Except for any waiver granted explicitly elsewhere in this grant, this award does not constitute approval of waiver from any Federal or state statutory/regulatory requirements for a United States Department of Justice grant. The grantee agrees to perform all services and furnish all supplies set forth in the application of this grant award for the consideration stated herein. This grant consists of the application for funds, the grant award notice, the budget documents, the standard grant conditions, the reporting forms, and all approved grant revision documents. All parties to this grant award acknowledge that they have fully read and understand this contract, and agree to abide by the terms set forth within. SPECIAL CONDITIONS In witness wherefore, the parties hereto have executed this grant the day and year specified below. SIGNATURES/DATES Legal Applicant/Date Program Director/Date ODCP Administrator/Date Page 50 of 436 Page 51 of 436 CITY OF WATERLOO Council Communication Resolution approving the request of Christina Hannan, for tax exemptions on the construction of a new single family home valued at $195,268.00, for property located at 3336 Lincolnshire Road, and located in the City Limits Urban Revitalization Area (CLURA). City Council Meeting: 4/4/2022 Prepared: 3/23/2022 ATTACHMENTS: Description ❑ CLURA 3336 Lincolnshire Rd Form ❑ CLURA 3336 Lincolnshire Rd Map SUBJECT: Submitted by: Recommended Action: Summary Statement: Data/Analysis and Strategies: Expenditure Required/Source Funds: Legal Descriptions: Type Backup Material Backup Material Resolution approving the request of Christina Hannan, for tax exemptions on the construction of a new single family home valued at $195,268.00, for property located at 3336 Lincolnshire Road, and located in the City Limits Urban Revitalization Area (CLURA). Submitted By: Noel Anderson, Community Planning and Development Director Approval. The Planning, Programming, and Zoning Commission staff has reviewed this application and feels that the project qualifies for exemptions from taxes on the actual value added to the residential property under the City Limits Urban Revitalization Area Plan. Strategy 3.9: Increase the promotion and utilization of the City Limits Urban Revitalization Area (CLURA) housing program. of None Lincolnshire Addition Lot 9 Page 52 of 436 CITY LIMITS URBAN REVITALIZATION APPLICATION FOR PROPERTY TAX EXEMPTION FOR CONSTRUCTION OF NEW ONE OR TWO FAMILY DWELLINGS UNDER THE PROVISIONS OF THE CITY LIMITS URBAN REVITALIZATION AREA PLAN ADOPTED BY THE CITY COUNCIL OF THE CITY OF WATERLOO. The City Limits Urban Revitalization Area (CLURA) allows property tax exemptions for newly constructed one or two family dwellings (single family homes or duplex/twin homes) that meet the following criteria: I . Be located within the CLURA boundaries (a map of which can be obtained from the City of Waterloo Community Planning & Development Department.) 2. This application must be filed with City prior to the Ia working day of February following the year when the improvements are completed to comply with the timeline of the State Code of Iowa, Section 404.4 unnumbered paragraph 2. However, a single application may be filed upon completion of an entire project requiring more than one year to construct or complete, providing prior approval has been granted by the City Council or County Board of Supervisors. Please fill out the following information for your application to be submitted to the City Council. Coil"'! fl Pa V♦ irtctN SIGNATURE: NAME: TELEPHONE: 370 - 2?DATE: �! !li /190a ADDRESS: A. What is the Address of the property being improved? S-c3LP Li i L.06sk ti c e_. ecyi What is the Legal Description of the property? (May be available at County Recorder's Office on 2" floor of the Courthouse) k; ( B. What was the nature of the improvement(s)? (must be single family homes or duplex/twin homes to qualify) \ COk 1/v1d k w • 10L-Jt r Lxv,-t C. City of Waterloo Building and Inspections Department Information: II Permit Number: 00011 t,( Oa- Date permit was issued: 1 ?'4 1 (Total permit(s) valuation: ti( ''t, 6 LL-(X:,I9 DS D. What was the cost of the new construction? i IaS 1)-0.) 5' p, `3-(A E. Estimated or actual date of completion of this new construction? 3 ` f / - CITY OF WATERLOO APPROVED DENIED DATED: RESOLUTION NO: BLACK HAWK COUNTY ASSESSOR APPROVED DENIED DATED: Tatni McFarland Black hawk County Assessor Note: City Council approval does not guarantee tax exemptions. The application most be reviewed and approved by the Black 1-lawk County Assessor's Office for criteria eligibility. Page 53 of 436 1 CITY OF WATERLOO Council Communication Resolution approving the request of Brad Taylor, for tax exemptions on the construction of a new single family home valued at $358,000.00, for property located at 1355 Campbell Avenue, and located in the City Limits Urban Revitalization Area (CLURA). City Council Meeting: 4/4/2022 Prepared: 3/23/2022 ATTACHMENTS: Description ❑ CLURA 1355 Campbell Avenue ❑ CLURA 1355 Campbell Avenue SUBJECT: Submitted by: Recommended Action: S ummary S tatement: Data/Analysis and Strategies: Expenditure Required/Source Funds: Legal Descriptions: Form Map Type Backup Material Backup Material Resolution approving the request of Brad Taylor, for tax exemptions on the construction of a new single family home valued at $358,000.00, for property located at 1355 Campbell Avenue, and located in the City Limits Urban Revitalization Area (CLURA). Submitted By: Noel Anderson, Community Planning and Development Director Approval. The Planning, Programming, and Zoning Commission staff has reviewed this application and feels that the project qualifies for exemptions from taxes on the actual value added to the residential property under the City Limits Urban Revitalization Area Plan. Strategy 3.9: Increase the promotion and utilization of the City Limits Urban Revitalization Area (CLURA) housing program. of None Parcel E of Plat of Survey filed as Doc. No. 2007026746, more particularly described as follows: Lot 47 except for the West 66.0 feet thereof, Lot No. 46 and a 20 foot alley between Campbell and Hollywood Avenues lying between the Chicago Northwestern Railroad right-of-way and Lots 46-47 of Lewis Miller's Small Farms in the City of Waterloo, Black Hawk County, Iowa, except all that part of Lot 46, Lewis Miller's Small Farms in Waterloo, Black Hawk County, Iowa, and also all that part of a 20 foot alley lying Southerly of Campbell Avenue and Southeasterly of and adjacent to said Lot No. 46, which is Easterly of a line which is 296.00 feet normally distant of and parallel with the Westerly line of said Lot No. 46, all being "Lewis Miller's Small Farms", Waterloo, Black Hawk County, Iowa. Page 55 of 436 Date Received: Received by: Staff to make a ea CITY LIMITS URBAN REVITALIZATION APPLICATION APPLICATION FOR PROPERTY TAX EXEMPTION FOR CONSTRUCTION OF NEW ONE OR TWO FAMILY DWELLINGS UNDER THE PROVISIONS OF THE CITY LIMITS URBAN REVITALIZATION AREA PLAN ADOPTED BY THE CITY COUNCIL OF THE CITY OF WATERLOO. The City Limits Urban Revitalization Area (CLURA) is a 3-year 100% property tax exemption on the actual value added for new construction one or two family dwellings (single family homes or duplex/twin homes only) that meet the following criteria: 1. Be located within the CLURA boundaries (a map of which can be obtained from the City of Waterloo Community Planning & Development Department.) 2. This application must be filed with City prior to the 1st working day of February following the year when the improvements are completed to comply with the timeline of the State Code of Iowa, Section 404.4 unnumbered paragraph 2. However, a single application may be filed upon completion of an entire project requiring more than one year to construct or complete, providing prior approval has been granted by the City Council or County Board of Supervisors. Please fill out the following information for your application to be submitted to the City Council. Projects started prior to the adoption date of July 18, 2011 do not qualify. NAME: ADDRESS: MISS Cavvy Ave TELEPHONE: OM '1l5 — S96 _C a c ¶c y)o r SIGNATURE: EMAIL: brat 1 dor 6 Wc+I.s/, Cc) DATE: A. What is the Address of the property being improved? C a v n be 1 f 4v' What is the Legal Description of the property? (May be available at County Recorder's Office on 2"d floor of the Courthouse) Set, A--lac6A. What was the nature of the improvement(s)? (must be single family homes or duplex/twin homes to qualify) ne j) h3k,se_ C. City of Waterloo Building and Inspections Department information: Permit Number: Z ' `e i 46 Date permit was issued: S 22121 D. What was the cost of the new construction? .�! 35 of Total permit(s) valuation: 1Z6 3 600 E. Estimated or actual date of completion of this new construction? Note: City Council approval does not guarantee tax exemptions. The application must be reviewed and approved by the Black Hawk County Assessor's Office for criteria eligibility. CITY OF WATERLOO OFFICE USE ONLY APPROVED DENIED DATED: RESOLUTION NO: BLACK HAWK COUNTY ASSESSOR OFFICE USE ONLY APPROVED DENIED DATED: T.J. Koenigsfeld Black Hawk County Assessor Page 56 of 436 r Qyc 1 vl r EXHIBIT A Parcel E of Plat of Survey filed as Doc. No. 2007026746, more particularly described as follows; Lot 47 except for the West 66.0 feet thereof, Lot No. 46 and a 20 foot alley between Campbell and Hollywood Avenues and Tying between the Chicago Northwestern Railroad right-of-way and Lots 46-47 of Lewis Miller's Small Farms in the City of Waterloo, Black Hawk County, Iowa, except all that part of Lot 46, Lewis Miller's Small Farms in Waterloo, Black Hawk County, Iowa, and also all that part of a 20 foot alley lying Southerly of Campbell Avenue and Southeasterly of and adjacent to said Lot No. 46, which Is Easterly of a line which is 296.00 feet normally distant of and parallel with the Westerly line of said Lot No. 46, all being "Lewis Miller's Small Farms", Waterloo, Black Hawk County, Iowa. 0 MI 11 I Mortgage Cadence Document Cantor ® 3312 01/08 1111 1I1III11I1 IIII II T 1 * Page 57 of 436 CITY OF WATERLOO Council Communication Resolution approving the request of David Richter, for tax exemptions on the construction of a new single family home valued at $477,402.00, for property located at 125 Kestrel Circle, and located in the City Limits Urban Revitalization Area (CLURA). City Council Meeting: 4/4/2022 Prepared: 3/23/2022 ATTACHMENTS: Description ❑ CLURA 125 Kestrel Circle Form ❑ CLURA 125 Kestrel Circle Map SUBJECT: Submitted by: Recommended Action: Summary Statement: Data/Analysis and Strategies: Expenditure Required/Source Funds: Legal Descriptions: Type Backup Material Backup Material Resolution approving the request of David Richter, for tax exemptions on the construction of a new single family home valued at $477,402.00, for property located at 125 Kestrel Circle, and located in the City Limits Urban Revitalization Area (CLURA). Submitted By: Noel Anderson, Community Planning and Development Director Approval. The Planning, Programming, and Zoning Commission staff has reviewed this application and feels that the project qualifies for exemptions from taxes on the actual value added to the residential property under the City Limits Urban Revitalization Area Plan. Strategy 3.9: Increase the promotion and utilization of the City Limits Urban Revitalization Area (CLURA) housing program. of None Audubon Hills First Addition Lot 11 Page 59 of 436 For Office Use Only Date Received: •-:t / 2 F c�- Received by: C, , Staff to make a copy r applicant CITY LIMITS URBAN REVITALIZATION APPLICATION APPLICATION FOR PROPERTY TAX EXEMPTION FOR CONSTRUCTION OF NEW ONE OR TWO FAMILY DWELLINGS UNDER THE PROVISIONS OF THE CITY LIMITS URBAN REVITALIZATION AREA PLAN ADOPTED BY THE CITY COUNCIL OF THE CITY OF WATERLOO. The City Limits Urban Revitalization Area (CLURA) is a 3-year 100% property tax exemption on the actual value added for new construction one or two family dwellings (single family homes or duplex/twin homes only) that meet the following criteria: 1. Be located within the CLURA boundaries (a map of which can be obtained from the City of Waterloo Community Planning & Development Department.) 2. This application must be filed with City prior to the 151 working day of February following the year when the improvements are completed to comply with the timeline of the State Code of Iowa, Section 404A unnumbered paragraph 2. However, a single application may be filed upon completion of an entire project requiring more than one year to construct or complete, providing prior approval has been granted by the City Council or County Board of Supervisors. Please fill out the following information for your application to be submitted to the City Council. Pr•oiects started prior to the adoption date of July 18., 2011 do not qualify. NAME: ADDRESS: -14 Fie., u CI !4 1 Yu d SA TELEPHONE: t {. v3 j —4�'1� col °1 SIGNATUR7,: EMAIL: C.ct►' cL 1V 14 �1 e w.F ; 1 _ W" DATE: 'y vnv✓ A. What is the Address of the property being unproved? Re C'gt: t/ G ik t,t` Li t-1-1t `emu o 11,1_ CD/ o 1 What is the Legal Description of the property? (May be available at County Recorder's Office on 2nd floor of the Courthouse) ik/i) tiltA4 gff kr) B. What was the nature of the improvement(s)? (must be single family homes or duplex/twin homes to qualify) . t J 6 a hi svtv crto C. City of Waterloo Building and Inspections Department Information: Permit Number: W4 014 ro Date permit was issued: & Zr Itiov v Total permit(s) valuation: 4 v0 ° D6 D. What was the cost of the new construction? E. Estimated or actual date of completion of this new construction? t117 vv v) Note: City Council approval does not guarantee tax exemptions. The application must be reviewed and approved by the Black Hawk County Assessor's Office for criteria eligibility. CITY OF WATERLOO OFFICE USE ONLY APPROVED DENIED DATED: RESOLUTION NO: BLACK HAWK COUNTY ASSESSOR OFFICE USE ONLY APPROVED DATED: DENIED T.J. Koenigsfeld Black Hawk County Assessor Page 60 of 436 CITY OF WATERLOO Council Communication Resolution approving the request of Cynthia Huebner, for tax exemptions on the construction of a new twin home unit valued at $170,000.00, for property located at 850 Grindstone Circle, and located in the City Limits Urban Revitalization Area (CLURA). City Council Meeting: 4/4/2022 Prepared: 3/23/2022 ATTACHMENTS: Description ❑ CLURA 850 Grindstone Circle Form ❑ CLURA 850 Grindstone Circle Map SUBJECT: Submitted by: Recommended Action: Summary Statement: Data/Analysis and Strategies: Expenditure Required/Source Funds: Legal Descriptions: Type Backup Material Backup Material Resolution approving the request of Cynthia Huebner, for tax exemptions on the construction of a new twin home unit valued at $170,000.00, for property located at 850 Grindstone Circle, and located in the City Limits Urban Revitalization Area (CLURA). Submitted By: Noel Anderson, Community Planning and Development Director Approval. The Planning, Programming, and Zoning Commission staff has reviewed this application and feels that the project qualifies for exemptions from taxes on the actual value added to the residential property under the City Limits Urban Revitalization Area Plan. Strategy 3.9: Increase the promotion and utilization of the City Limits Urban Revitalization Area (CLURA) housing program. of None Prairie Meadow Estates A Condominium Unit 850 Page 62 of 436 For Office Use Only Date Received/7/ 2- Received by: Staff to make a copy for applicant CITY LIMITS URBAN REVITALIZATION APPLICATION APPLICATION FOR PROPERTY TAX EXEMPTION FOR CONSTRUCTION OF NEW ONE OR TWO FAMILY DWELLINGS UNDER THE PROVISIONS OF THE CITY LIMITS URBAN REVITALIZATION AREA PLAN ADOPTED BY THE CITY COUNCIL OF THE CITY OF WATERLOO. The City Limits Urban Revitalization Area (CLURA) is a 3-year 100% property tax exemption on the actual value added for new construction one or two family dwellings (single family homes or duplex/twin homes only) that meet the following criteria: 1. Be located within the CLURA boundaries (a map of which can be obtained from the City of Waterloo Community Planning & Development Department.) 2. This application must be filed with City prior to the l't working day of February following the year when the improvements are completed to comply with the timeline of the State Code of Iowa, Section 404.4 unnumbered paragraph 2. However, a single application may be filed upon completion of an entire project requiring more than one year to construct or complete, providing prior approval has been granted by the City Council or County Board of Supervisors. Please fill out the following information for your application to be submitted to the City Council. Projects started prior to the adoption date of July 18, 2011 do not qualify. NAME: Q 4(1Vh►4 FVvebncr ADDRESS: e co Go f1GS+me CI cc e.. TELEPHONE: 3 i g 9► S- c u 1. SIGNATURE: EMAIL: in Q m(a+ . Cbw►. DATE: Fe+O j of U i3 A. What is the Address of the property being improved? '5 4' a.yi ,vim (Ife, What is the Legal Description of the property? (May be available at County Recorder's Office on 2' floor of the Courthouse) B. What was the nature of the improvement(s)? (must be single family homes or duplex/twin homes to qualify) p N -` /1 e C. City of Waterloo Building and Inspections Department Information: Permit Number: .190, Date permit was issued: 13i/Zazo Total permit(s) valuation: Xddi o� D. What was the cost of the new construction? E. Estimated or actual date of completion of this new construction? ////9/fz Note: City Council approval does not guarantee tax exemptions. The application must be reviewed and approved by the Black Hawk County Assessor's Office for criteria eligibility. CITY OF WATERLOO OFFICE USE ONLY APPROVED DENIED DATED: RESOLUTION NO: BLACK HAWK COUNTY ASSESSOR OFFICE USE ONLY APPROVED DENIED DATED: T.J. Koenigsfeld Black Hawk County Assessor Page 63 of 436 CITY OF WATERLOO Council Communication Resolution approving the request of Kelsey Meester, for tax exemptions on the construction of a new single family home valued at $394,000.00, for property located at 1633 Blue Wing Drive, and located in the City Limits Urban Revitalization Area (CLURA). City Council Meeting: 4/4/2022 Prepared: 3/23/2022 ATTACHMENTS: Description ❑ CLURA 1633 Blue ❑ CLURA 1633 Blue SUBJECT: Submitted by: Recommended Action: Summary Statement: Wing Drive Form Wing Drive Map Data/Analysis and Strategies: Expenditure Required/Source Funds: Legal Descriptions: Type Backup Material Backup Material Resolution approving the request of Kelsey Meester, for tax exemptions on the construction of a new single family home valued at $394,000.00, for property located at 1633 Blue Wing Drive, and located in the City Limits Urban Revitalization Area (CLURA). Submitted By: Noel Anderson, Community Planning and Development Director Approval. The Planning, Programming, and Zoning Commission staff has reviewed this application and feels that the project qualifies for exemptions from taxes on the actual value added to the residential property under the City Limits Urban Revitalization Area Plan. Strategy 3.9: Increase the promotion and utilization of the City Limits Urban Revitalization Area (CLURA) housing program. of None Audubon Hills First Addition Lot 9 Page 65 of 436 For Office Use Only Date Received: - 15 3 Received by: f 1(y Staff to make a copy f& applicant CITY LIMITS URBAN REVITALIZATION APPLICATION APPLICATION FOR PROPERTY TAX EXEMPTION FOR CONSTRUCTION OF NEW ONE OR TWO FAMILY DWELLINGS UNDER THE PROVISIONS OF THE CITY LIMITS URBAN REVITALIZATION AREA PLAN ADOPTED BY THE CITY COUNCIL OF THE CITY OF WATERLOO. The City Limits Urban Revitalization Area (CLURA) is a 3-year 100% property tax exemption on the actual value added for new construction one or two family dwellings (single family homes or duplex/twin homes only) that meet the following criteria: 1. Be located within the CLURA boundaries (a map of which can be obtained from the City of Waterloo Community Planning & Development Department.) 2. This application must be filed with City prior to the 1" working day of February following the year when the improvements are completed to comply with the timeline of the State Code of Iowa, Section 404.4 unnumbered paragraph 2. However, a single application may be filed upon completion of an entire project requiring more than one year to construct or complete, providing prior approval has been granted by the City Council or County Board of Supervisors. Please fill out the following information for your application to be submitted to the City Council. Projects started prior to the adoption date of July I8, 2011 do not qualify. NAME: ADDRESS: i (41.3 g ) V IVV 7EMAIL: li /c ?/ . V VO iw jVV ►C Di) TELEPHONE: 14J6- ]e U DATE: ZI FI'Jr� 41c frittc+07 SIGNATURE: A. What is the Address of the property being improved? 1 U3 �l W 5 V V } LD-D What is the Legal Description of the property? (May be available at County Recorder's Office on 2" floor of the Courthouse) Out LA70 rt 4 \ 115 Pasl- A -Mart CA-1- cl B. What was the nature of the improvement(s)? (must be single family homes or duplex/twin homes to qualify) Si nfLc. an1W_-7 /-uvvLe_ C. City of Waterloo Building and Inspections Department Information: Permit Number: 24 • '5) Date permit was issued: 3-3 " 20 Total permit(s) valuation: �,1 �7�- zc� D. What was the cost of the new construction? 14- .4/ V V E. Estimated or actual date of completion of this new construction? U Oj Note: City Council approval does not guarantee tax exemptions. The application must be reviewed and approved by the Black Hawk County Assessor's Office for criteria eligibility. CITY OF WATERLOO OFFICE USE ONLY APPROVED DENIED DATED; RESOLUTION NO: BLACK HAWK COUNTYASSESSOR OFFICE USE ONLY APPROVED DENIED DATED: T.J. Koenigsfeld Black. Hawk County Assessor Page 66 of 436 CITY OF WATERLOO Council Communication Resolution approving the request of Dung T. Dao, for tax exemptions on the construction of a new single family home valued at $320,000.00, for property located at 1015 Lois Lane, and located in the City Limits Urban Revitalization Area (CLURA). City Council Meeting: 4/4/2022 Prepared: 3/23/2022 ATTACHMENTS: Description ❑ CLURA 1015 Lois Lane Form ❑ CLURA 1015 Lois Lane Map SUBJECT: Submitted by: Recommended Action: Summary Statement: Data/Analysis and Strategies: Expenditure Required/Source Funds: Legal Descriptions: Type Backup Material Backup Material Resolution approving the request of Dung T. Dao, for tax exemptions on the construction of a new single family home valued at $320,000.00, for property located at 1015 Lois Lane, and located in the City Limits Urban Revitalization Area (CLURA). Submitted By: Noel Anderson, Community Planning and Development Director Approval. The Planning, Programming, and Zoning Commission staff has reviewed this application and feels that the project qualifies for exemptions from taxes on the actual value added to the residential property under the City Limits Urban Revitalization Area Plan. Strategy 3.9: Increase the promotion and utilization of the City Limits Urban Revitalization Area (CLURA) housing program. of None Parcel F of Plat of Survey Doc. No. 2021-19560 of part of the NW Frl. 1/4 of Section 2, Township 88 North, Range 13 West of the 5th P.M., Black Hawk County, Iowa. Page 68 of 436 For Office Use Only Date Received: 2'22. Received by: Staff to make a copy fo app ant CITY LIMITS URBAN REVITALIZATION APPLICATION APPLICATION FOR PROPERTY TAX EXEMPTION FOR CONSTRUCTION OF NEW ONE OR TWO FAMILY DWELLINGS UNDER THE PROVISIONS OF THE CITY LIMITS URBAN REVITALIZATION AREA PLAN ADOPTED BY THE CITY COUNCIL OF THE CITY OF WATERLOO. The City Limits Urban Revitalization Area (CLURA) is a 3-year 100% property tax exemption on the actual value added for new construction one or two family dwellings (single family homes or duplex/twin homes only) that meet the following criteria; 1. Be located within the CLURA boundaries (a map of which can be obtained from the City of Waterloo Community PIanning & Development Department.) 2. This application must be filed with City prior to the 1" working day of February following the year when the improvements are completed to comply with the timeline of the State Code of Iowa, Section 404.4 unnumbered paragraph 2. However, a single application may be filed upon completion of an entire project requiring more than one year to construct or complete, providing prior approval has been granted by the City Council or County Board of Supervisors. Please fill out the following information for your application to be submitted to the City Council. Projects started prior to the adoption date of July 18, 2011 do not qualify. NAME: U N. (11 DA 0 ADDRESS: 1 I S Lb l S LA N t TELEPHONE: C 3Vei) g 3o - A. What is the Address of the property being improved? SIGNATURE: '(� 1 EMAIL: V1 a C`` �`Z11 1,1 t 017 g t vet ko , t0'}r? DATE: 6 2 Z 222— (CIS 1-0(S LjE What is the Legal Description of the property? (May be available at County Recorder's Office on 2" a floor of the Courthouse) Pas oil F o4 ►Plgi- 0-4 5d Noy (bc . No. �?oal -1g S60 c 1- Mk) FYi. 04- Ser- ie a, �O.+s�i lli j] Morti1, gory 13 -fie s�' 17i r ., Lack t6iwk Counv%y, Zo wit, B. What was the nature of the improvement(s)? (must be single farnily homes or duplex/twin homes to qualify) C. City of Waterloo Building and Inspections Department Information: Permit Number: Z i I ti [.1-0(a Date permit was issued: e ' S -21 Total permit(s) valuation: '2 fp S, 320, oab 4f- E. Estimated or actual date of completion of this new construction? 0 Z 1 rL g (7-2- 2/2i-j / 2. Z 64 Note: City Council approval does not guarantee tax exemptions. The application must be reviewed and approved by the Black Hawk County Assessor's Office for criteria eligibility. D. What was the cost of the new construction? CITY OF WATERLOO OFFICE USE ONLY APPROVED DENIED DATED: RESOLUTION NO: BLACK HAWK COUNTY ASSESSOR OFFICE USE ONLY APPROVED DENIED DATED; T.J. Koenigsfeld Black Hawk County Assessor Page 69 of 436 CITY OF WATERLOO Council Communication Resolution approving the request of Sead Dizdarevic, for tax exemptions on the construction of a new single family home valued at $160,000.00, for property located at 3660 Cantabury Court, and located in the City Limits Urban Revitalization Area (CLURA). City Council Meeting: 4/4/2022 Prepared: 3/23/2022 ATTACHMENTS: Description u CLURA 3660 Cantabury Court Form u CLURA 3660 Cantebury Court Map SUBJECT: Submitted by: Recommended Action: Summary Statement: Data/Analysis and Strategies: Type Backup Material Backup Material Resolution approving the request of Sead Dizdarevic, for tax exemptions on the construction of a new single family home valued at $160,000.00, for property located at 3660 Cantabury Court, and located in the City Limits Urban Revitalization Area (CLURA). Submitted By: Noel Anderson, Community Planning and Development Director Approval. The Planning, Programming, and Zoning Commission staff has reviewed this application and feels that the project qualifies for exemptions from taxes on the actual value added to the residential property under the City Limits Urban Revitalization Area Plan. Strategy 3.9: Increase the promotion and utilization of the City Limits Urban Revitalization Area (CLURA) housing program. Expenditure Required/Source of None Funds: Legal Descriptions: Parcel "G" of Lot 47, Brookeridge First Addition. Page 71 of 436 For Office Use Only Date Received: : - tL1 r) Received by: (Y� Staff to make a copy for applicant CITY LIMITS URBAN REVITALIZATION APPLICATION APPLICATION FOR PROPERTY TAX EXEMPTION FOR CONSTRUCTION OF NEW ONE OR TWO FAMILY DWELLINGS UNDER THE PROVISIONS OF THE CITY LIMITS URBAN REVITALIZATION AREA PLAN ADOPTED BY THE CITY COUNCIL OF THE CITY OF WATERLOO. The City Limits Urban Revitalization Area (CLURA) is a 3-year 100% property tax exemption on the actual value added ftir new construction one or two family dwellings (single family homes or duplex/twin homes only) that meet the following criteria: 1. Be located within the CLURA boundaries (a map of which can be obtained from the City of Waterloo Community Planning & Development Dept tment.) 2. This application must be filed with City prior to the 15c working day of February following the year when the improvements are completed to comply with the timeline of the State Code of Iowa, Section 404.4 unnumbered paragraph 2. However, a single application may be filed upon completion of an entire project requiring more than one year to construct or complete, providing prior approval has been granted by the City Council or County Board of Supervisors. Please fill out the following information for your application to be submitted to the City Council. Projects started prior to the adoption date of July 18, 2011 do not qualify. NAME: -QQ;‘( �`ZL�C1��� SIGNATURE: ADDRESS: �lAtSi0�q��i�C�"4.aC�\ ( • EMAIL: �Ct� r-1 V toe S , �tti TELEPHONE: '�j\6'j —�712JCA J � �`� DATE: -- .5 — 2 A. What is the Address of the property being improved? '. U '�\ '\ S \ (. . ) c...1/4,-\UV V� What is the Legal Description of the property? (May be available at County Recorder's Office on 2' floor of the Courthouse) B. What was the nature of the improvernent(s)? (must be single family homes or duplex/twin homes to qualify) `CX0.)1 - \\\\ C. City of Waterloo Building and Inspections Department Information: Permit Number: toet • 117'7 Date permit was issued: II 12 6/, D. What was the cost of the new construction? Total permit(s) valuation: 1 50) 0 Ob E. Estimated or actual date of completion of this new construction? Note: City Council approval does not guarantee tax exemptions. The application must be reviewed and approved by the Black Hawk County Assessor's Office for criteria eligibility. CITY OF WATERLOO OFFICE USE ONLY APPROVED DENIED DATED: RESOLUTION NO: BLACK HAWK COUNTY ASSESSOR OFFICE USE ONLY APPROVED DENIED DATED: T.J. Koenigsfeld Black Hawk County Assessor Page 72 of 436 CITY OF WATERLOO Council Communication Resolutions setting date of public hearing as April 18, 2022 on the proposed issuance of the following bonds and instruct the City Clerk to publish said notice. (Details on projects covered by each hearing are on file for review.) City Council Meeting: 4/4/2022 Prepared: 3/25/2022 ATTACHMENTS: Description Type ❑ Council Communication ECP-1 Backup Material ❑ Council Comm GCP UR Bond Hearings Backup Material SUBJECT: Resolutions setting date of public hearing as April 18, 2022 on the proposed issuance of the following bonds and instruct the City Clerk to publish notice. (Details on projects covered by each hearing are on file for review.) (a) ECP-1-Not to Exceed $11,600,000 General Obligation Bonds (Essential corporate purpose). (b) GCP-2 - Not to exceed $700,000 General Obligation Bonds (General Corporate Purpose). (c) GCP-3 - Not to exceed $700,000 General Obligation Bonds (General Corporate Purpose). (d) ECP-UR-4 - Not to exceed $800,000 General Obligation Urban Renewal Bonds (Essential Corporate Purpose). Submitted by: Submitted By: Michelle Weidner, Chief Financial Officer Recommended Action: General Obligation Bonds - GCP-2 - Not to exceed $700,000 General Obligation Bonds for general corporate purposes of said City, the Bonds to be issued to provide funds to pay the costs of reconstructing, improving and equipping Young Arena; the acquisition and installation of river lighting; equipping city departments and City Hall, including information technology equipment and software; the renovation, construction, improvement and equipping of the golf courses; the acquisition of vehicles for various city departments; the construction, reconstruction, improvement, renovation, and equipping of public works buildings. General Obligation Bonds - GCP-3 - Not to exceed $700,000 General Obligation Bonds for general corporate purposes of said City, the proceeds of which bonds will be used to provide funds to pay the costs of the construction, reconstruction, improvement, renovation, and equipping of city facilities; and wetland restoration and related costs and shall bear interest at a rate not exceeding the maximum specified in the attached notice. General Obligation Bonds — ECP/UR-4 - Not to exceed $800,000 General Obligation Urban Renewal Bonds for essential corporate urban renewal purposes, the proceeds of which bonds will be used to Page 74 of 436 Summary Statement: Neighborhood Impact: Data/Analysis and Strategies: Implementation, Accountability, and Communication: provide funds to pay the costs of aiding in the planning, undertaking and carrying out of urban renewal projects under the authority of Chapter 403 and the Urban Renewal Plan for the Rath Area Redevelopment Area, such as those costs associated with acquisitions of properties and related demolition and clearance activities, grants to private developers, public infrastructure projects including streets, streetscape, and utility improvements. We are planning to sell $10 million in general obligation bonds for a number of general purposes this spring. Please note that the hearing amounts indicated are being set higher than the actual amounts to be issued to provide flexibility in the project allocations, which reduces future administrative costs. We plan to use the State of Iowa Revolving Fund for sewer project funding. Public hearings will be held for those projects at a later date. A general listing of projects planned to be completed using bond proceeds authorized by these hearings will be provided prior to the hearings. The issuance of bonds commits the city to future repayment. Repayment will be made from various sources, including general property taxes and tax increment revenue. Expenditure Required/Source of The new principal amount of $10,000,000 plus interest will be required to be repaid in the future. Funds: Alternative: The City could choose not to sell bonds and not proceed with the projects. This would reduce future debt service costs. However, other costs would likely increase. For example, a number of the planned projects have been mandated by regulatory agencies that could have financial implications if the projects aren't completed as required. Page 75 of 436 CITY OF ERLOO FINANCE DEPARTMENT Michelle Weidner, CPA Chief Financial Officer Council Communication City Council Meeting: April 4, 2022 Prepared: March 25, 2022 Dept. Head Signature: Michelle Weidner SUBJECT: Bond Issue Hearing — ECP-1 Submitted by: Michelle C. Weidner, Chief Financial Officer Recommended City Council Action: Adopt a resolution to set the date of hearing as April 18, 2022 on the proposed issuance of bonds, as follows: ECP-1 - Not to exceed $11,600,000 Essential Corporate Purpose General Obligation Bonds (ECP-1) for essential corporate urban renewal purposes, for the purpose of taking action on the matter of the issuance of not to exceed $11,600,000 General Obligation Bonds, for essential corporate purposes, the proceeds of which bonds will be used to provide funds to pay the costs of the acquisition, improvement and installation of traffic control devices, signage, fixtures, equipment and improvements, including but not limited to traffic signal, pavement markings, traffic safety, fiber optics installation, and street light fixtures, connections, and facility improvements; the acquisition of vehicles and equipment for the Police and Fire Departments; the acquisition of vehicles and equipment for the street, public works and sign and traffic departments; the acquisition of ambulances and ambulance equipment; the rehabilitation and improvement of City parks and the acquisition, repair and replacement of facilities, equipment and improvements commonly found in City parks; the removal, replacement and planting of trees in parks and public grounds; the construction, reconstruction and repairing of street, sidewalk, skywalk, trail, alley, public ground, marketplace, bridges, pedestrian underpasses and overpasses, and intersection improvements; the acquisition, construction and improvement of real and personal property useful for the protection of property from floods or high waters, including flood control, levees, embankments, waterway, storm water and drainage improvements; the removal or replacement of dead or diseased trees; the acquisition and demolition of dangerous or dilapidated buildings, structures or properties, or funding housing assistance; acquiring, developing and improving of a geographic computer data base system suitable for automated mapping and facilities management; and refunding or refinancing outstanding indebtedness of the City, including General Obligation Bonds, Series 2014A, and General Obligation Bonds, Taxable Series 2014B. Summary Statement: We are planning to sell general obligation bonds for a number of purposes this spring. Page 76 of 436 FYE2022 ECP-1 Bond Hearing Page2of2 Please note that the hearing amount indicated is being set higher than the actual amounts to be issued to provide flexibility in the project allocations, which reduces future administrative costs. The "new" issue amount is $10 million. We have also included $6,335,000 for potential refunding issues. Expenditure Required: The principal amount plus interest will be required to be repaid in the future. Source of Funds: Repayment will be made from various sources, including general property taxes and tax increment revenue. Policy Issue: repayment. The issuance of bonds commits the city to future Alternative: The City could choose not to sell bonds and not proceed with the projects. This would reduce future debt service costs. However, other costs would increase. For example, a number of the planned projects are government mandates that could have financial ramifications if they are not completed. Background Information: We are including a large amount ($6,335,000) for potential refunding issues in the event that interest rates are favorable at the date of sale. Page 77 of 436 CITY OF ERLOO FINANCE DEPARTMENT Michelle Weidner, CPA Chief Financial Officer Council Communication City Council Meeting: April 4, 2022 Prepared: March 25, 2022 Dept. Head Signature: Michelle Weidner SUBJECT: FYE2022 Bond Issue Hearings Submitted by: Michelle C. Weidner, Chief Financial Officer Recommended City Council Action: Adopt resolutions to set the date of hearing as April 18, 2022 on the proposed issuance of bonds, as follows: General Obligation Bonds - GCP-2 - Not to exceed $700,000 General Obligation Bonds for general corporate purposes of said City, the proceeds of the Bonds to be issued to provide funds to pay the costs of reconstructing, improving and equipping Young Arena; the acquisition and installation of river lighting; equipping city departments and City Hall, including information technology equipment and software; the renovation, construction, improvement and equipping of the golf course; the acquisition of vehicles for various city departments; the construction, reconstruction, improvement, renovation, and equipping of public works buildings and shall bear interest at a rate not exceeding the maximum specified in the attached notice. General Obligation Bonds - GCP-3 - Not to exceed $700,000 General Obligation Bonds for general corporate purposes of said City, the proceeds of which bonds will be used to provide funds to pay the costs of the construction, reconstruction, improvement, renovation, and equipping of city facilities; and wetland restoration and related costs and shall bear interest at a rate not exceeding the maximum specified in the attached notice. General Obligation Bonds — ECP/UR-4 - Not to exceed $1,300,000 General Obligation Urban Renewal Bonds for essential corporate urban renewal purposes, the proceeds of which bonds will be used to provide funds to pay the costs of aiding in the planning, undertaking and carrying out of urban renewal projects under the authority of Chapter 403 and the Urban Renewal Plan for the Rath Area Redevelopment Area, such as those costs associated with acquisitions of properties and related demolition and clearance activities, grants to private developers, public infrastructure projects including streets, streetscape, and and utility improvements. Summary Statement: We are planning to sell general obligation bonds for a number of purposes this spring. The new money issue will be $10,000,000. Page 78 of 436 FYE2022 GCP and ECP/UR Bond Hearings Page2of2 Please note that the hearing amounts indicated are being set higher than the actual amounts to be issued to provide flexibility in the project allocations, which reduces future administrative costs. Expenditure Required: The principal amount plus interest will be required to be repaid in the future. Source of Funds: Repayment will be made from various sources, including general property taxes and tax increment revenue. Policy Issue: repayment. The issuance of bonds commits the city to future Alternative: The City could choose not to sell bonds and not proceed with the projects. This would reduce future debt service costs. However, other costs would increase. For example, a number of the planned projects are government mandates that could have financial ramifications if they are not completed. Background Information: Page 79 of 436 CITY OF WATERLOO Council Communication Resolution setting date of public hearing as April 18, 2022 to review the funding recommendations of the Community Development Board FY23 Annual Action Plan for CDBG and HOME funds for the Waterloo/Cedar Falls HOME Consortium. City Council Meeting: 4/4/2022 Prepared: 3/16/2022 ATTACHMENTS: Description ❑ FY 23 Allocations SUBJECT: Submitted by: Recommended Action: Summary Statement: Type Backup Material Resolution setting date of public hearing as April 18, 2022 to review the funding recommendations of the Community Development Board FY23 Annual Action Plan for CDBG and HOME funds for the Waterloo/Cedar Falls HOME Consortium. Submitted By: Rudy D. Jones, Community Development Director We request authorization to set the date for the public hearing on Monday April 18, 2022 to review the recommendations set forth by the Community Development Board. Additional information is available at the Community Development office. A 30-day public comment period was advertised on February 28, 2022. The comment period was held from March 1 thru March 31, 2022. No comments have been received to date. Any comments received will be added to the FY23 Annual Action Plan. Expenditure Required/Source of Community Development Block Grants Funds and HOME Program Funds Funds: Page 80 of 436 1 III , > ( Ili a 3 N. w Oa .-a Oa co O w a o 'ti co 7 N n 0. m o cco o x o a x c -a'o N - v• Q 7 -0 m O T I m C a' 0 N. D "' ID a- W - Q' 7 a) 7 C1 ill v m w 1- m r N f r 7 N 0- W 0 co 0 a m o 3 mO. E. Ur 7 co m m •� r7l m a' O 7 Cl o 2 a) 00 2 a al C 7 0 0 x c w 11 0 . 2 P 0 0- a, a) 71 a) ;_ CO 0 fa , Aa_ ;' iln 0 �" 3 (p v a ccaC 0. 7 0 7 m n q 7 o o (D m m 7 O O= a. a x O c 5' co a' 6 7 u* m g a = 7 y Q 4. N r.. O D w m o o m co m N o * a c (a E' a .2 co D. 0 c� c n a a' C z o P. m N * m `C1 to a' � z m c0 D. o a m N o g w 2 si,m 7 Q 1 0.2 o 2 c = 0 m 7 w 9 p� '� 3 = y v �. N o O ,-h iv O O a) O rn 3 m co m x] m N 0 (; -o m m I11 o (•) 7' Ir, m N .' !. o z (0 0 2 cn G) 2 (n 0 x (n G) 2 (n 0 2 GO G) 2 CD 0 ' 0 0 m n3 U7 2 (.0 0 U) m (-0 x> m G) o K -o T v Ul - o ' -n (/1 17 (1) x (0 G) Y 0 E x G) I 'I or) ( i 0 I ' N Q 1 (D W --..1 0) 0, (,I Q tx x (0 N i 'p [O Oo `....1 07 01 .1,.."• f.- 41 C1) _ 0., 69 A CO co 69 o o 0 - o .P. o 0 o to -4 w V CO to Q w m N - ` ' 4 : Y f:1 V.i'. mri (0 Ch a 0 p b3 o a "IVw pp 1 (0 (h a 0 o 0) CO o 0 C' 69 N al o O (0 CD co -03 1,3i -1. 01 o 0 C. 1' (0 • T N co c.s 0 0. 0 ID 0 09 O O 00 V1 coI1 O 0 1!) ` s C -, � ,:, [A N 01 O C. G`0 a 0 O O (t) o C c0 0 4.0 f 0 o 0 69 CO CA 0 0 ffl Ch 0 a 0 6.1 cm (0 W -GI C. 0 0 0 Vf -P.co 0 -co 0 m N C 0 Cr) 03 s �. 1 CO En O 0 O i 0 0 0 O N O O 0 ---.1 0) 0) 0 C.,.) —1 .p. 0 O 3 � a ., w " 2 t — 0 ' N CT O O O 01 O IV co 0300 0 0 O 0 0 0 O 0 I 0 0 O O O I CD (7 O 0 C? N U1 O O O 01 CO C]o No 100 O O 0 0 C 5 a "3 0 N sm D O 0{ M O 2 0 n'C O. N o 7 CD 0 m N m 7 N 3 (a co Ncr 7 @ 0 D 0 3 O m u (D " C 7 Q a'2co. C o (o m Ck co ..< — .V' n . .o o 3 m 9 v Ei Q - 3 a N D) �• �1 O `G o N Al M 7 C q m m 6 N ( a a' a Q 0- o pa x o coN O l' 00 G 7 O7 co m C 0 ID— -0• 0? 7 CO IV -n a' O W. O o c1 c (D m 6 = 01 0 D> Z Q 69 m O m 0 11 . 3. 0 , m a 2 w 0 3 0 7 C a °� 0 7 C o - 7 ' 0 ril 0 q, A • ?2 . f. . k 0 0 CO 0) ((11 co m 3 m to 7 CD m 0 ID N m p O x m 7 4f (D N O' r- o a' 7 ,� o a 0- 0 3m m v Q 0 (D , 0 ,2 • Ul N g O 7 n O N x •� o �' 0 b (U m ID 3 7 o. rn C m 7 ,� N GO 2 ,‹ N .0-., = co N O 3 3 c T1 co m 0z7]-10m 0 C Iv O O Q n) m. o - 0 co N a) r n' p 0 a) O 0 o- 7 (D w P. 3. a C .7 7 N p O N a' 0 C 7 0 oo G7 Q h �, o o 3 N m 7 w y. g N co O0 3 N 0 )) N o' 7 a Q 3 X CD aa) N 3 Page 81 of 436 CITY OF WATERLOO Council Communication Resolution approving preliminary plans, specifications, form of contract, etc., setting date of bid opening as April 7, 2022 and date of public hearing as April 18, 2022, in conjunction with the 2022 and 2023 Residential Lots/Miscellaneous Areas Mowing and Lot Maintenance Services Contract, and instruct City Clerk to publish notice. City Council Meeting: 4/4/2022 Prepared: 3/23/2022 ATTACHMENTS: Description Type ❑ 2022 and 2023 Planning and Zoning Mowing RFB Backup Material ❑ Exhibit B Master Mowing List Backup Material ❑ Planning Department Mowing Lots Map Backup Material SUBJECT: Submitted by: Recommended Action: Summary Statement: Neighborhood Impact: Resolution approving preliminary plans, specifications, form of contract, etc., setting date of bid opening as April 7, 2022 and date of public hearing as April 18, 2022, in conjunction with the 2022 and 2023 Residential Lots/Miscellaneous Areas Mowing and Lot Maintenance Services Contract, and instruct City Clerk to publish notice. Submitted By: Noel Anderson, Community Planning and Development Director Approval The City of Waterloo through its Dilapidated Housing Task force has acquired approximately 230 properties over the last several years, primarily using Iowa Code 657A. A majority of the properties where demolished and are vacant, but some still have structures on them. Lots owned by the City of Waterloo must be maintained, including mowing of the lots. This bid will select a mowing contractor for the lots for both the 2022 and 2023 mowing season. In the past only a single season contract has been done, however the cost for the mowing of these lots has increased over the last several years, and it has been indicated that a multiple year contract would provide cost savings to the City. Mowing the lots is required by code, but also has a positive impact on the neighborhoods by avoiding a nuisance. Data/Analysis and Strategies: Property Maintenance Implementation, Accountability, Nuisance abatement and Communication: To be determined amount paid from the Planning Department property Expenditure Required/Source of management budget. The last mowing contract (2021) had a price of $8.49 Funds: per lot per occurrence for lots under 1 acre, and $49.50 per hour per Page 82 of 436 occurrence for lots over 1 acre. Page 83 of 436 CITY OF WATERLOO, IOWA Planning and Zoning Department Notice of Public Hearing on the Proposed Specifications and the Notice to Public Bidders For the 2022 and 2023 Residential Lots /Miscellaneous Areas Mowing and Lot Maintenance Services Contract. General Description The City of Waterloo Planning and Zoning Department is soliciting bids for mowing of city owned lots and miscellaneous areas. The City of Waterloo Planning and Zoning Department has approximately 230 properties to be mowed and maintained (see attached Exhibit `B" for the list of properties). The City's intent for these properties are for rehabilitation or demolition to remove blighted properties from neighborhoods and provide infill lots for new homes, or to sell to an adjacent homeowner. Most lots are vacant, although some still have a structure or structures that must be mowed around. The attached Exhibit `B" indicates what lots are vacant. SCOPE OF WORK The Contractor shall provide all labor and equipment necessary for mowing, trimming and removal and disposal of various debris. Assigned areas shall be mowed on an as needed basis while maintaining a mowing height not to exceed four (4") in height. Prior to each mowing, the Contractor shall remove all trash and debris including paper, branches, rocks, and other portable objects. All trash and debris shall be legally disposed of, off site, at no additional expense to the Planning and Zoning Department. Additionally, the contractor shall be responsible for cleaning up and repairing all damage created by mowing operations which may include adding soil and seeding damaged areas as needed. Along with each mowing, the Contractor shall trim around trees, shrubs, poles, fences and other objects to match the height and appearance of the surrounding vegetation. Only upon request of the project manager will you be required to edge vegetation growing over curb and sidewalk. A good -faith attempt will need to be made to keep all voluntary vegetation to a minimum in and around any buildings, fences, along alleyways, sidewalks and other rights -of -way and particularly in areas where there are blind spots being created. Occasionally, illegal dumping occurs on city owned lots in which case the City will be in charge of removing larger items such as stoves, mattresses, tires, furniture etc. The contractor will submit either by letter, fax or email to the project manager the location and a detailed list of the items needing to be picked up. The bidder shall bid per unit price (per lot/per occurrence price and an hourly rate for lots one (1) acre or more, for all city owned lots under the control of the Planning and Zoning Department. All bidders should know that the list of properties fluctuates as the city is continually acquiring and selling properties. This time the contract will be for a two year period, covering the 2022 and 2023 mowing season. RECEIVING OF BIDS All bids must be received in a sealed mailing container or envelope and be plainly marked on the outside with the notation `SEALED RFB FOR 2022 AND 2023 RESIDENTIAL LOTS/MISCELLANEIOUS AREAS MOWING AND LOT MAINTENANCE SERVICES CONTRACT — in the City Clerk's Office, Waterloo City Hall, 715 Mulberry Street, Waterloo, IA 50703 (date and time stamped) by Thursday April 7, 2022 at 1:00 p.m. (our clock), Central Time, in order to be considered for the 2022 and 2023 mowing season. Bids sent electronically or via facsimile will not be accepted. OPENING OF BIDS All proposals received will be opened in the Harold E. Getty Council Chambers in City Hall of said City, on the 7th day of April, 2022 at 1:00 p.m. The bid opening will be livestreamed on YouTube and made available on the city website. Bids will be evaluated promptly after opening. The awarding of the contract is expected to be at the City Council meeting on Monday April 18, 2022. PUBLIC HEARING The Waterloo City Council will conduct a public hearing on the proposed specifications and form of contract for the 2022 and 2023 Residential Lots/Miscellaneous Areas Mowing and Lot Maintenance Services contract at the City Council Meeting, Monday April 18, 2022. The contract documents are on file on the first floor in the City Clerk's office, City Hall, 715 Mulberry Street, and in the Planning and Zoning Department, second floor in Waterloo City Hall, 715 Mulberry Street, Waterloo, Iowa for public Page 84 of 436 examination. Any person interested may file written objection with the City Clerk before the date set for the hearing or appear and make objection at the meeting. After an award is made, a proposal summary will be sent to all companies who submitted a proposal. Proposals may be withdrawn any time prior to the scheduled closing time for receipt of proposals; no proposal may be modified or withdrawn for a period of sixty (60) calendar days thereafter. CONTRACT PERIOD The period of time covered under this proposed contract shall be approximately May 1, 2022 to October 31, 2023. PROPOSALS SUBMITTED All bids must be submitted on forms supplied by the Planning and Zoning Department with the exception that the required list of adequate equipment available for the proposed project may be submitted as a separate attachment and the bid bond can be supplied by the bidding company's insurance provider. The bidder shall bid a per unit price (per lot/per occurrence price) for all city owned lots and miscellaneous areas that are under 1 acre, and per hour price per occurrence for all city owned lots and miscellaneous areas that are over 1 acre. BID SECURITY REQUIRED All bids must be accompanied, in a separate envelope, by a certified or cashier's check drawn on an Iowa bank chartered under the laws of the United States or the State of Iowa, a certified share draft drawn on a Credit Union in Iowa chartered under the laws of the United States or the State of Iowa, or a bid bond payable to the City of Waterloo, Iowa, in the sum of Fifteen Hundred Dollars ($1,500.00), which certified check, certified share draft, or bid bond will be held as security that the Bidder will enter into a Contract for the mowing work and will furnish the required bonds, and in case the successful bidder shall fail or refuse to enter into the Contract and furnish the required bonds, the bid security may be retained by said City as agreed liquidated damages. If a bid bond is used, it must be signed by both the bidder and the surety or the surety's agent. Signature of surety's agent must be supported by accompanying Power of Attorney. CONTRACT AWARD The City shall award one contract to the lowest responsible Bidder whose bid conforms to the Specifications listed in this RFB and is most advantageous to the City, and the Planning and Zoning Department, price and other factors considered. The City reserves the right to award a contract for any single Option, any combination of Options, or all Options together. They city may award the contract at the time of bid hearing, however, the City and the Planning and Zoning Department may need time to review the contract bids and bidder information, in which case the award would be made within sixty (60) days after bid opening. The City reserves the right to waive any and all parts of a specific bid. BOND The successful Bidder shall furnish a Performance Bond, within ten (10) days after notification of acceptance of the bid, in the amount of Twenty Thousand Dollars ($20,000.00). The Bond is to be issued by a responsible surety approved by the City Clerk's office and City Council and shall guarantee the faithful performance of the contract and the terms and conditions therein contained and shall guarantee the prompt payment of all materials and labor and protect and save harmless the City from claims of any kind caused by the operation of the Contractor. AFFIRMATIVE ACTION PROGRAM The successful Bidder and any subcontractors will be required to execute and have approved an Affirmative Actions Program or Update before beginning work on the project, if they have been awarded an aggregate of $10,000 in city projects during the current calendar year. METHOD OF PAYMENT TO CONTRACTOR Payment to the contractor for services performed shall be paid on a monthly basis. Payments shall be based on the actual number of times each lot is mowed (and hours spent mowing for lots over 1 acre), keeping in mind that this is an as needed basis contract and that the residential lots/miscellaneous areas need only be maintained (mowed) at a height of (4") or less and shall not be mowed unless the average grass on a site exceeds 6". A detailed bill of completed work must be received and approved by the Planning and Zoning Department (project manager) located at 715 Mulberry St., Waterloo, Iowa before payments will be made. The billing shall include: • Property addresses and/or description of where work was performed • Number of times and the date each property was mowed each month Page 85 of 436 CITY OF WATERLOO, IOWA Planning and Zoning Department INSTRUCTION TO BIDDERS I. EXPLANATION TO BIDDERS Any explanation desired by a bidder regarding the meaning or interpretation of the Request for Bids must be requested in writing via email or letter, and with sufficient time allowed for a reply to reach all bidders before submission of their bids. Any interpretation or changes made to the RFB will be in the form of an addendum of the Request for Bids and will be furnished to all prospective bidders. All prospective bidders will receive email notifications of any addendums by the Project Manager. All bidders must acknowledge in the space provided on the Bid Form acknowledgement of such addendums received by the Project Manager prior to the 1:00 p.m. bid deadline set for the opening of bids. Oral explanations or instructions given before the award of the contract will not be accepted. II. PROPOSALS SUBMITTED All bids must be submitted on forms supplied by the Planning and Zoning Department. Before submitting a bid, each bidder shall carefully read the specifications and all other contract documents. Each bidder shall be fully informed, prior to the bidding, as to all existing conditions and limitations under which the work is to be performed and shall include in this bid a sum to cover the cost of all items necessary to perform the work as set forth in the contract documents. No allowance will be made to any bidder because of lack of such examination or knowledge. The submission of a bid shall be construed as conclusive evidence that the bidder has made such examination. The bidder's attention is directed to the fact that all applicable state laws, municipal ordinances and the rules and regulations of all authorities having jurisdiction over the project shall apply to the Contract throughout and they shall be deemed to be included in the Contract the same as though herein written out in full. III. LATE BIDS AND MODIFICATIONS OR WITHDRAWALS Bids and modifications or withdrawals thereof received at the office designated in the Request for Bids and Notice to Bidders after the exact time set for closing of bids_ (Thursday, April 7, 2022, at 1:00 p.m.) will not be considered. However, a modification which is received from an otherwise successful bidder, and which makes the terms of the bid more favorable to the City, will be considered at any time it is received and may thereafter be accepted. Bids may be withdrawn by written request received from bidders prior to the time set for closing of bids. IV. PUBLIC HEARING The Waterloo City Council will conduct a public hearing on the proposed specifications and form of contract for the 2022 and 2023 Residential Lots/Miscellaneous Areas Mowing and Lot Maintenance Services Contract at the City Council Meeting, Monday April 18, 2022. Anyone who is interested may appear at said time and place and be heard or may file written objection with the City Clerk, City Hall, Waterloo, Iowa, before the date set for said hearing. V. COLLUSIVE AGREEMENTS A. Each bidder submitting a bid shall execute and include with the bid, a Non -Collusion Affidavit in the form herein provided, to the effect that it has not colluded with any other person, firm, or corporation in regard to any bid submitted. B. Each bidder submitting a bid shall have each proposed subcontractor, if any, execute and include with the bid, a Non -Collusion Affidavit in the form herein provided, to the effect that it has not colluded with any other person, firm, or corporation in regard to any bid submitted. Before executing any subcontract, the successful bidder shall submit the name of any proposed subcontractor for approval by the City. VI. MBE/WBE CONTRACT COMPLIANCE PROGRAM All Bidders have the responsibility to comply with the City of Waterloo MBE/WBE Contract Compliance Program. City of Waterloo Contract Compliance Officer is Rudy D. Jones, Director of Community Development, located at: 620 Mulberry Street Suite 202, Waterloo, Iowa 50703, (319) 291-4429 Page 86 of 436 VII. EMPLOYMENT AND BUSINESS OPPORTUNITY To the greatest extent feasible, suppliers, subcontractors, and low income workers owning businesses or living in the Waterloo area must be given priority in supplying materials, bidding for subcontract work, or applying for employment by the contractor on this project. Opportunities for training and for employment arising in connection with this project, shall to the greatest extent feasible be made available to lower income persons residing in the project area. The project area is the City of Waterloo. The City of Waterloo will require the contractor to document his efforts in securing lower income workers living in the project area and in purchasing supplies from, and awarding subcontracts to, businesses owned by persons residing in the project area. VIII. STATEMENT OF BIDDER'S QUALIFICATIONS Each Bidder shall, upon request of the Planning and Zoning Department submit on the form furnished a statement of the Bidder's qualifications, his/her experience record in completing the type of project proposed, and equipment available for the work contemplated; and when requested, a detailed financial statement. The Planning and Zoning Department shall have the right to take such steps as it deems necessary to determine the ability of the Bidder to perform obligations under the Contract; and the Bidder shall furnish the Planning and Zoning Department all such information and data for this purpose as it may request. The right is reserved to reject any bid where an investigation of the available evidence or information does not satisfy the Planning and Zoning Department that the Bidder is qualified to carry out properly the terms of the Contract. IX. EXECUTION OF AGREEMENT, BOND, AND CERTIFICATE OF INSURANCE A. Subsequent to the award and within ten (10) days after the prescribed forms are presented for signature, the successful bidder shall execute and deliver to the City, an agreement in the form included in the contract documents in such number of copies as the City, may require. B. Having satisfied all conditions of award as set forth elsewhere in these documents, the successful bidder shall, within the period specified in paragraph "A" above, furnish a surety bond in a penal sum of $20,000, as security for the faithful performance of the contract and the terms and conditions therein contained and shall guarantee the prompt payment of all persons, firms, or corporations to whom the contractor may become legally indebted for labor, materials, tools, equipment, or services of any nature including utility and transportation services, employed or used by it in performing the work. Such bond shall be in the same form as that included in the contract documents and shall bear the same date as, or a date subsequent to that of the agreement. The current Power of Attorney for the person who signs for any surety company shall be attached to such bond. C. The successful bidder shall, within the period specified in paragraph "A" above, furnish a certificate of insurance for approval in amounts of not less than the amounts specified in the General Conditions. The certificate of insurance shall be furnished in such number of copies as the City of Waterloo may require. The City of Waterloo shall be named as an "Additional Named Insured." The contractor shall similarly submit his subcontractor's certificates of insurance in the same amounts for approval before each commences work. The contractor shall carry or require that there be Worker's Compensation insurance for all its employees and those of its subcontractors engaged in work at the site, in accordance with State Worker's Compensation Laws. D. The failure of the successful bidder to execute such agreement and to supply the required bond or bonds and certificate(s) of insurance within ten (10) days after the prescribed forms are presented for signature, or within such extended period as the City, may grant, based upon reasons determined sufficient by the City, may either award the contract to the next lowest responsible bidder or re -advertise for bids, and may charge against the bidder the amount of the bid guaranty. If a more favorable bid is received by re -advertising, the defaulting bidder shall have no claim against the City of Waterloo, or Planning and Zoning Department for a refund. Page 87 of 436 CITY OF WATERLOO, IOWA Planning and Zoning Department GENERAL CONDITIONS Definitions Whenever used in any of the Contract Documents, these terms shall be defined as follows: Contract - means the Contract or Agreement executed by and between the City of Waterloo and the Contractor. Owner or Local Public Agency (LPA) - means the Planning and Zoning Department of the City of Waterloo. Project Manager — Aric Schroeder, City Planner for the City of Waterloo, or designee. Phone: (319) 291-4366. Contractor - means the person, firm or corporation entering into the Contract with the City of Waterloo, to maintain properties as described in the Specifications provided. Contract Documents - means and shall include the following: Executed Contract or Agreement, Addenda (if any), Request for Bids, Instructions to Bidders, Signed copy of Bid, General Conditions, Special Conditions, Specifications (and Plans or Drawings when required). Superintendence by Contractor Except where the Contractor is an individual and gives personal superintendence to the work, the Contractor shall provide a competent superintendent, satisfactory to the Planning and Zoning Department, who shall generally be on the work site at all times during working hours with full authority of the Contractor. The Contractor shall also provide an adequate staff to properly coordinate and expedite the work. The Contractor shall lay out and be responsible for all work executed under this Contract. The Contractor shall verify all information before proceeding with the work and be held responsible for any error resulting from failure to do so. Other Contracts The City of Waterloo may award or may have awarded other Contracts for additional work, and the Contractor shall cooperate fully with other Contractors, by scheduling work under this Contract with that to be performed under other Contracts as may be directed by the Planning and Zoning Department. The Contractor shall not commit or permit any act in which will interfere with the performance of work by any other Contractor as scheduled. Fitting and Coordination of the Work The Contractor shall be responsible for the proper fitting of all work and for the coordination of the operations of all Subcontractors engaged upon this Contract. The Contractor shall be prepared to guarantee to each Subcontractor the locations and measurements which they may require for the fitting of their work to all surrounding work. Care of Work The Contractor shall be responsible for all damages to person or property that occur as result of negligence in connection with the execution of work under this contract and shall be reasonable for the proper care and protection of all materials delivered and work performed until completion and final acceptance by the Planning and Zoning Department. The Contractor shall provide sufficient security, both day and night, including weekends and holidays, from the time the work is commenced until final completion and acceptance, except when work being performed does not require protection. The Contractor shall be responsible for any loss of work, materials, equipment or time due to acts of any person on the project site. Therefore, it is the responsibility of the Contractor to determine when security is needed. The Contractor shall avoid damage to existing sidewalks, streets, curbs, pavements, structures, and utilities except those which are to be replaced or removed. Any damage caused by the Contractor's operation shall be completely repaired at no expense to the Owner. Page 88 of 436 General Requirements The Contractor shall be responsible for being informed as to all existing conditions and limitations under which the work is to be performed. No extra allowance will be made because of lack of such examination or knowledge. Contractor shall not disturb (damage) existing walks, drives, parking areas, trees, shrubs, or turf within or areas outside the limits of the project. If disturbed, these items shall be replaced by the Contractor at no cost to the City or the Owner. Trees and shrubs located in or near the project area shall be protected by the Contractor from damage by workers and equipment during time of performing services. Upon request, the City Forester will determine the extent of protection necessary for the trees. Permits and Codes The Contractor shall give all notices required by, and comply with all applicable municipal and state laws, ordinances and codes. Liability Insurance The Contractor shall at all times during the term of the contract maintain in full force and effect, at its own expense, Employer's Liability, Worker's Compensation, Automobile, Public Liability and Property Damage Insurance, and other insurance and bonds as set forth below, including contractual liability coverage for the indemnity and hold harmless provisions of this Agreement. Each policy shall require at least 30 days' advance written notice to the City in the event of cancellation or material change in terms. The City of Waterloo, Iowa shall be specifically named as an additional insured on all insurance. Such coverages shall be primary, non-contributing and contain waivers of subrogation against any coverage held by the City. Before commencement of work hereunder, the Contractor agrees to furnish the City with certificates of insurance or other evidence satisfactory to the City to the effect that such insurance has been procured and is in force. Insurance coverages shall comply with the limits specified below: Coverages Worker's Compensation Employer's Liability Bodily Injury Liability (Except automobile) Property Damage Liability (Except automobile) Automobile Bodily Injury Liability Excess Liability Automobile Property Damage Liability Limits of Liability Statutory $ 500, 000 $1,000,000 each occurrence $1,000,000 each occurrence $1,000,000 each occurrence $ 5, 000, 000 $1,000,000 each occurrence Page 89 of 436 CITY OF WATERLOO, IOWA Planning and Zoning Department Bid Specifications for 2022 and 2023 Residential Lots Mowing/Miscellaneous Areas Mowing and Lot Maintenance Services Contract (May 1, 2022-October 31, 2023) SCOPE OF WORK The Contractor shall provide all labor and equipment necessary for mowing, trimming and removal and disposal of various debris. Assigned areas shall be mowed on an as needed basis when the average height of grass on a site exceeds (6"), while maintaining a mowing height not to exceed four (4") in height. Prior to each mowing, the Contractor shall remove all trash and debris including paper, branches, rocks, and other portable objects. All trash and debris shall be legally disposed of, off site, at no additional expense to the Planning and Zoning Department. Additionally, the contractor shall be responsible for cleaning up and repairing all damage created by mowing operations which may include adding soil and seeding damaged areas as needed. Along with each mowing, the Contractor shall trim around trees, shrubs, poles, fences and other objects to match the height and appearance of the surrounding vegetation. Only upon request of the project manager will you be required to edge vegetation growing over curb and sidewalk. A good -faith attempt will need to be made to keep all voluntary vegetation to a minimum in and around the any buildings, fences, along alleyways, sidewalks and other rights -of -way and particularly in areas where there are blind spots being created. Occasionally, illegal dumping occurs on city owned lots in which case the City will be in charge of removing larger items such as stoves, mattresses, tires, furniture etc. The contractor will submit either by letter, fax or email to the project manager the location and a detailed list of the items needing to be picked up. DAMAGE PROTECTION The Contractor shall avoid damage to existing sidewalks, streets, curbs, pavements, structures, signs, mailboxes, fences, benches, utilities, and other fixtures. Any damage caused by the Contractor shall be completely repaired at no additional cost to the Planning and Zoning Department. At no time shall any mowing equipment come in contact with any privately owned tree or shrub during mowing. Any tree or shrub damaged by the Contractor shall be replaced at the direction of the Planning and Zoning Department with no additional cost to the Planning and Zoning Department. The Contractor shall avoid damage to turf grass and underlying soil and grade. Any rutting and related turf loss and erosion damage shall be promptly remedied by the Contractor to the satisfaction of the Planning and Zoning Department with no additional cost to the Planning and Zoning Department. The Contractor shall take all necessary precautions to protect pedestrians and motorists from personal injury and property damage. All equipment safety guards shall remain intact and serviceable. The Contractor shall carry liability insurance as detailed in the GENERAL CONDITIONS to cover any damage claims. SCHEDULING OF WORK The Planning and Zoning Depai tnient may add or delete mowing of areas based on growing conditions, budget constraints or some lots may be sold or acquired throughout the year. REQUIRED EQUIPMENT The Contractor shall provide a complete inventory of sufficient and proper equipment to perform all work in a safe and timely manner. Equipment listed on the Bid Form will be verified by the Planning and Zoning Department to determine whether it is adequate for this mowing contract. A portfolio of existing or past contracts with letters of recommendations would be helpful in verifying the bidder's qualifications. Types of mowing equipment required for this contract: Line trimmers Walk -behind mowers Utility tractors with heavy-duty mowers Types of alley/sidewalk overgrowth equipment required for this contract in addition to equipment listed above: Page 90 of 436 Pull behind trailer or usable truck bed Tarps or enclosed trailer for hauling brush when required Hedge trimmers Note: City ordinance requires all loads being transported must be completely covered. The City is not responsible for paying any fines you may be issued. For larger parcels that are overgrown, contractor shall have access to a brush hog type of mower so that contractor can meet the city's timeframe requirements. Excess amounts of cut grass and vegetation will need removed and not left on parcels or blown onto the sidewalk or into the street right-of-way. Equipment listed on the Bid Form will be reviewed by the Planning and Zoning Department to determine whether it is adequate for this mowing contract. CONTRACTOR OR THEIR DESIGNEE MUST BE REACHABLE BY PHONE MONDAY THROUGH FRIDAY 8:00 A.M. TO 5:00 P.M. Page 91 of 436 CITY OF WATERLOO, IOWA Community Planning and Development Department 2022 and 2023 Residential Lots Mowing/Miscellaneous Areas Mowing and Lot Maintenance Services Contract BID FORM BIDDER: ADDRESS: COMPANY NAME PHONE: ( ) 1. The undersigned, being a Corporation existing under the laws of the State of , or a limited liability company existing under the laws of the State of , or a Partnership consisting of the following partners: having been familiarized with the existing conditions on the project area affecting the cost of the work, and with all the Contract Documents now on file in the offices of the City Clerk, City Hall, 715 Mulberry Street, Waterloo, Iowa, and the Planning and Zoning Department, 715 Mulberry Street, Waterloo, Iowa hereby proposes to furnish all supervision, technical personnel, labor, materials, machinery, tools, equipment, and services, including utility and transportation services required to complete the proposed MOWINGS, in accordance with the contract documents and for the unit price in place for the following amount: Bid Price: Price per Lot/Area per occurrence for mowing and lot maintenance services for city owned lots under 1 acre for approximately 222 Properties. dollars ($ ) Written Price Per Lot/Occurrence: Bid Price: Price per Hour per occurrence for mowing and lot maintenance services for city owned lots 1 acre or more for approximately 8 Properties. dollars ($ Written Price Per Hour/Occurrence: 2. It is understood that the quantities set forth are approximate only and subject to variation and that the unit price for the work done shall govern the actual payment to the Contractor. 3. In submitting this bid, the Bidder understands that the City reserves the right to reject any or all bids and to award one or more contracts for a single Option, all Options together, or any combination of Options. If written notice of acceptance of this Bid is mailed or delivered to the undersigned within sixty (60) days after Bid Opening, the undersigned agrees to execute and deliver an agreement in the prescribed form and furnish the required bond and certificate of insurance within ten (10) days after the agreement is presented for signature, and start work within ten (10) days after "Notice to Proceed" is issued. 4. Security in the sum of dollars ($ ) in the form of , is submitted herewith in accordance with NOTICE TO BIDDERS. 5. Attached is a Non -Collusion Affidavit of Prime Contractor. 6. The Bidder is prepared to submit a financial and experience statement upon request. Page 92 of 436 7. The Prime Contractor and Subcontractor(s), which have performed an aggregate of $10,000.00 in work for the City in the current calendar year, are prepared to submit an AAP or Update and an EOC, within ten (10) days of notification that the bid submitted is lowest and acceptable. 8. The Bidder has received the following Addendum or Addenda: Addendum No. Date: / / / / / / 9. The Bidder shall list the MBE/WBE subcontractors, amount of subcontracts and bid items listed on the City of Waterloo Minority and /or Women Business Pre -bid Contract Information Form submitted with this Bid Form. The apparent low bidder shall submit a list of all other subcontractor(s) to be used on this project to the City of Waterloo by 5:00 p.m. the business day following the day bids on this project are due along with the Non -collusion Affidavits of ALL Subcontractor(s). The subcontractors listed on this proposal and/or submitted to the Contract Compliance Officer cannot be changed except for the following reasons. 1. The City of Waterloo does not approve the subcontractors. 2. The subcontractors submit in writing that they cannot fulfill their subcontracts 10. The Contractor shall provide a complete inventory of sufficient and proper equipment to perform all work in a safe and timely manner. Equipment list may be submitted below or as a separate attachment: 11. The Bidder has filled in all blanks on this proposal. Those blanks not applicable are marked "none" or "NA". 12. The bidder has attached all applicable forms. 13. The owner (City of Waterloo) reserves the right to select alternatives, delete line items, and/or to reduce quantities prior to the Award of Contract due to budgetary limitations. SIGNED: DATE: / / Name and Title Page 93 of 436 NON -COLLUSION AFFIDAVIT OF PRIME BIDDER State of County of , being first duly sworn, deposes and says that: 1. He is (Owner), (Partner), (Officer), (Representative), or (Agent) of , the Bidder that has submitted the attached Bid; 2. He is fully informed respecting the preparation and contents of the attached Bid and of all pertinent circumstances respecting such Bid; 3. Such Bid is genuine and is not a collusive or sham Bid; 4. Neither the said Bidder nor any of its officers, partners, owners, agents, representatives, employees, or parties in interest, including this affiant, has in any way colluded, conspired, connived or agreed, directly or indirectly, with any other Bidder, firm or person to submit a collusive or sham Bid in connection with the Contract for which the attached Bid has been submitted or to refrain from bidding in connection with such Contract, or has in any manner, directly or indirectly, sought by agreement or collusion or communication or conference with any other Bidder, firm or person to fix the price or prices in the attached Bid or of any other Bidder, or, to fix any overhead, profit or cost element of the bid price or the bid price of any other Bidder, or to secure through any collusion, conspiracy, connivance, or unlawful agreement any advantage against the City of Waterloo, Iowa, or any person interested in the Proposed Contract; and 5. The price or prices quoted in the attached Bid are fair and proper and are not tainted by any collusion, conspiracy, connivance or unlawful agreement on the part of the Bidder or any of its agents, representatives, owners, employees, or parties in interest, including this affiant. Signature Title S c -aged/ curt& kwaryl/ to- be fo-ite thiik day of , 2022. S u 4'wr ti rei Titte/ My ep e/s- Page 94 of 436 NON -COLLUSION AFFIDAVIT OF SUBCONTRACTOR State of ) ) County of ) , being first duly sworn, deposes and says that: 1. He is (Owner), (Partner), (Officer), (Representative), or (Agent) of , hereinafter referred to as the "Subcontractor"; 2. He is fully informed respecting the preparation and contents of the subcontractor's proposal submitted by the subcontractor to , contract pertaining to the 2022 and 2023 Residential/Miscellaneous Areas mowing and Lot Maintenance Services in Waterloo, Black Hawk County, Iowa; 3. Such subcontractor's proposal is genuine and is not a collusive or sham proposal; 4. Neither the subcontractor nor any of its officers, partners, owners, agents, representatives, employees, or parties in interest, including this affiant, has in any way colluded, conspired, connived or agreed, directly or indirectly, with any other bidder, firm or person to submit a collusive or sham proposal in connection with such contract or to refrain from submitting a proposal in connection with such contract, or has in any manner, directly or indirectly, sought by unlawful agreement or connivance with any other bidder, firm or person to fix the price or prices in said subcontractor's proposal, or to fix any overhead, profit or cost element of the price of prices in said subcontractor's proposal, or to secure through collusion, conspiracy, connivance or unlawful agreement any advantage against the City of Waterloo, Iowa, or any person interested in the proposed Contract; 5. The price or prices quoted in the subcontractor's proposal are fair and proper and are not tainted by any collusion, conspiracy, connivance or unlawful agreement on the part of the bidder or any of its agents, representatives, owners, employees, or parties in interest, including this affiant. Signature Title 5ulrscr bed a - jworv/to-before'm&thGJ- day of , 2022. stare, r My pive Page 95 of 436 EQUAL OPPORTUNITY CLAUSE (As provided in Executive Order No. 11246) All contractors, subcontractors, vendors and suppliers of goods and services doing business with the City and value of said business equals or exceeds ten thousand dollars ($10,000.00) annually agree as follows: 1. The contractor, subcontractor, vendor and supplier of goods and services will not discriminate against any employee or applicant for employment because of race, color, creed, sex, national origin, economic status, age, mental or physical handicap, political opinions or affiliations. The contractor, subcontractor, vendor and supplier will develop an Affirmative Action program to ensure that applicants are employed and that employees are treated during employment without regard to their race, creed, color, sex, national origin, religion, economic status, age, mental or physical disability, political opinions or affiliations. Such actions shall include but not be limited to the following: a. Employment b. Upgrading c. Demotion or Transfer d. Recruitment and Advertising e. Layoff or Termination f. Rates of Pay or Other Forms of Compensation g. Selection for Training Including Apprenticeship. 2. The contractor, subcontractor, vendor and supplier of goods and services will, in all solicitations or advertisements for employees, state that all qualified applicants will receive consideration for employment without regard to race, creed, color, sex, national origin, religion, economic status, age, mental or physical disabilities, political opinion or affiliations. 3. The contractor, subcontractor, vendor and supplier or his/her collective bargaining representative will send to each labor union or representative of workers which he/she has a collective bargaining agreement or other contract or understanding, a notice advising said labor union or workers' representative of the contractor's commitment under this section. 4. The contractor, subcontractor, vendor and supplier of goods and services will comply with all published rules, regulations, directives, and order of the City of Waterloo Affirmative Action Program Contract Compliance Provisions. 5. The contractor, subcontractor vendor and supplier of goods and services will furnish and file compliance reports within such time and upon such forms as provided by the Affirmative Action Officer. Said forms will elicit information as to the policies, procedures, patterns, and practices of each subcontractor as well as the contractor himself/herself and said subcontractor, vendor and supplier will permit access to his/her employment books, records and accounts to the City's Affirmative Action Officer, for the purpose of investigation to ascertain compliance with this contract and with rules and regulations of the City's Affirmative Action Program — Contract Compliance Provisions relative to Resolution No. 24664 6. In the event of the contractor's non-compliance with the non-discrimination clauses of this contract or with any of such rules, regulations and orders, this contract may be canceled, terminated or suspended in whole or in part and the contractor may be declared ineligible for further contracts in accordance with procedures authorized by the City Council. 7. The contractor, subcontractor, vendor and supplier of goods and services will include, or incorporate by reference, the provisions of the non-discrimination clause in every contract, subcontract or purchase order unless exempted by the rules, regulations or orders of the City's Affirmative Action Program, and will provide in every subcontract, or purchase order that said provisions will be binding upon each contractor, subcontractor, or supplier. Page 96 of 436 8. We, the undersigned, recognize that we are morally and legally committed to non-discrimination in employment. Any person who applies for employment with our company will not be discriminated against because of race, creed, color, sex, national origin, economic status, age, mental or physical disabilities. Signed: Appropriate Official Title Date Page 97 of 436 CITY OF WATERLOO, IOWA Planning and Zoning Department 2022 and 2023 Residential Lots /Miscellaneous Areas Mowing and Lot Maintenance Services Contract REQUEST FOR BIDS The City of Waterloo Planning and Zoning Department is soliciting bids to provide equipment and labor for mowing and lot maintenance of City of Waterloo properties (the "Services") on an as -needed basis. All bids shall include a completed price quote. Conditions governing the Services are contained in Exhibit "A", the proposed form of Contract, attached to this RFB and by this reference incorporated herein. A. SUBMITTING AND OPENING PROPOSALS All proposals must be received in a sealed envelope in the City's Clerk's office (date and time stamped) by Thursday, April 7, 2022 at 1:00 p.m., Central Time (our clock) in order to be considered. The City Clerk's office is located at 715 Mulberry St., Waterloo, Iowa 50703. Proposals sent electronically or via facsimile will not be accepted. The mailing container or envelope shall be plainly marked on the outside with the notation "SEALED RFB FOR 2022 AND 2023 RESIDENTIAL LOTS/MISCELLANEOUS AREAS MOWING AND LOT MAINTENANCE SERVICES CONTRACT," and the name of the company submitting the proposal. The City is not responsible for delays occasioned by the U.S. Postal Service, the internal mail delivery system of the City, or any other means of delivery employed by the Bidder. Similarly, the City is not responsible for, and will not open, any bid responses that are received later than the date and time stated above. Late proposals will be retained in the RFB file, unopened. No responsibility will be attached to any person for premature opening of a proposal not properly identified. All proposals received by the bid deadline will be opened in the Harold E. Getty Council Chambers in City Hall, at 1:00 p.m., and the proposals will be acted upon at such later time and place by the City Council. The bid opening will be livestreamed on YouTube and made available on the city website. The main purpose of this opening is to reveal the name(s) or the Proposer(s), not to serve as a forum for determining the awarded of bids. The City of Waterloo will conduct a public hearing on the proposed specifications and form of contract for the 2022 and 2023 Residential Lots/Miscellaneous Areas Mowing and Lot Maintenance Services Contract at the City Council Meeting, Monday April 18, 2022 at 5:30 p.m. The contract documents are on file on the first floor in the City Clerk's office, City Hall, 715 Mulberry Street, and in the Planning and Zoning Department, second floor in Waterloo City Hall, 715 Mulberry Street, Waterloo, Iowa for public examination. Any person interested may file written objection with the City Clerk before the date set for the hearing or appear and make objection at the meeting. After an award is made, a bid summary will be sent to all companies who submitted a bid. Bids may be withdrawn any time prior to the scheduled closing time for receipt of bids; no bid may be modified or withdrawn for a period of sixty (60) calendar days thereafter. B. SCOPE OF SERVICES Services to be performed by the successful respondent (the "Contractor") for the City will be those described in the form of Contract attached hereto as Exhibit "A" and the Specifications, which generally include but are not limited to mowing properties on an as -needed basis. C. REQUIRED INFORMATION: 1. All bids must be submitted on the included bid form, and include the noted required information. Page 98 of 436 2. Important Exceptions to Contract Documents — The Proposer shall clearly state in the submitted proposal any exceptions to, or deviations from, the minimum proposal requirements, and any exceptions to the terms and conditions of this RFB. Such exceptions or deviations will be considered in evaluating the proposals. Companies are cautioned that exceptions taken to this RFB may cause their proposal to be rejected. 3. Incomplete Information — Failure to complete or provide any of the information requested in this RFB may result in disqualification by reason of non -responsiveness. D. AWARD OF CONTRACT 1. Final selection of a contractor will be made of the responsive and responsible firm whose proposal, conforming to these documents, is most advantageous and offers the greatest overall value to the City of Waterloo with regard to the criteria detailed and the specifications set forth herein. The City will evaluate proposals in light of all factors it considers relevant, including but not limited to price, prior dealings, reputation, knowledge, skills, demonstrated commitment of the humane treatment of animals, demonstrated experience in managing and working with animals, nature and quality of facilities, and other information provided by the proposer in response to this RFB. 2. The City reserves the right to accept or reject any or all proposals and to waive any informalities or irregularities in proposals if such waiver does not substantially change the offer or provide a competitive advantage to any proposer. The City reserves the right to defer acceptance of any proposal for a period not to exceed sixty (60) calendar days from the date of the deadline for receiving proposals. 3. The City may select a proposer based on an "all or none" proposal, on individual responses, or as is otherwise deemed to be in the best interest of the City. 4. A Proposer's submission of a proposal constitutes its acceptance of the City's evaluation technique described in this section and its recognition and acceptance that subjective judgments will be used by the evaluators in the evaluation. 5. Any Contract award(s) made by the City of Waterloo is subject to prior approval by the City of Waterloo City Council. 6. After award, the Proposer will be required to enter into a written contract with the City that is substantially in the form attached hereto as Exhibit "A". 7. In the event a contract is terminated between both parties for any reason, the City of Waterloo will award the contract by offer to the next qualified bidder. The City of Waterloo reserves the right to award only those proposals that were opened in the Harold E. Getty Council Chambers on the second floor of City Hall, 715 Mulberry Street, Waterloo, Iowa on Thursday, April 7, 2022. E. MISCELLANEOUS 1. Questions regarding miscellaneous items will be directed to Aric Schroeder in the Planning and Zoning Department, 319.291.4366, Monday through Friday from 8:00 a.m. to 5:00 p.m. 2. This Request for Bid does not commit the City to make an award, nor will the City pay any costs incurred in the preparation and submission of proposals, or costs incurred in making necessary studies for the preparation of proposals. CONTRACTOR OR THEIR DESIGNEE MUST BE REACHABLE BY PHONE MONDAY THROUGH FRIDAY 8:00 A.M. TO 5:00 P.M. Page 99 of 436 F. GENERAL TERMS AND CONDITIONS OF PROPOSAL 1. LANGUAGE, WORDS USED INTERCHANGEABLY — The word CITY refers to the CITY OF WATERLOO, IOWA throughout these Instructions and Terms and Conditions. Similarly, PROPOSER refers to the person or company submitting an offer to sell its goods or services to the CITY, and CONTRACTOR refers to the successful bidder. 2. PROPOSER QUALIFICATIONS - No Proposal shall be accepted from, and no contract will be awarded to, any person, firm or corporation that is in arrears to the City upon debt or contract, that is a defaulter, as surety or otherwise, upon any obligation to the City, or that is deemed irresponsible or unreliable by the City. If requested, Proposers shall be required to submit satisfactory evidence that they have a practical knowledge of the particular supply/service proposal and that they have the necessary financial resources to provide the proposed supply/service as described in this Request for Proposal. 3. SPECIFICATION DEVIATIONS BY THE PROPOSER - Any deviation from this specification MUST be noted in detail, and submitted in writing in the Proposal. Completed specifications should be attached for any substitutions offered, or when amplifications are desirable or necessary. The absence of the specification deviation statement and accompanying specifications will hold the Proposer strictly accountable to the specifications as written herein. Failure to submit this document of specification deviation, if applicable, shall be grounds for rejection of the item when offered for delivery. If specifications or descriptive papers are submitted with Proposals, the Proposer's name should be clearly shown on each document. 4. SPECIFICATION CHANGES, ADDITIONS AND DELETIONS - All changes in Proposal documents shall be through written addendum. Verbal information obtained otherwise will NOT be considered in awarding of Proposals. 5. PROPOSAL CHANGES - Proposals, amendments thereto, or withdrawal requests received after the time advertised for Proposal opening, will be void regardless of when they were mailed. 6. HOLD HARMLESS AGREEMENT - The Contractor agrees to protect, defend, indemnify and hold harmless the City of Waterloo, its officials, officers, employees and agents, from and against any and all claims and damages of every kind and nature made, rendered or incurred by or in behalf of every person or company whatsoever, including the parties hereto and their employees, that may arise, occur, or grow out of any acts, actions, work or other activity done by the Contractor, its employees, subcontractors or any independent contractors working under the direction of either the Contractor or subcontractor in the performance of the contract. 7. PROPOSAL CURRENCY/LANGUAGE - All proposal prices shall be shown in US Dollars ($). All prices must remain firm for the duration of the contract regardless of the exchange rate. All proposal responses must be submitted in English. 8. PAYMENTS - Payments will be made for all goods/services delivered, inspected and accepted within 60 days after acceptance and on receipt of an original invoice. 9. MODIFICATION, ADDENDA & INTERPRETATIONS - Any apparent inconsistencies, or any matter requiring explanation or interpretation, must be inquired into by the Proposer in writing at least 72 hours (excluding weekends and holidays) prior to the time set for the Proposal opening. Any and all such interpretations or modifications will be in the form of written addenda. All addenda shall become part of the contract documents and shall be acknowledged and dated on the signature page. 10. LAWS AND REGULATIONS - All applicable State of Iowa and federal laws, ordinances, licenses and regulations of a governmental body having jurisdiction shall apply to the award throughout as the case may be, and are incorporated herein by reference. 11. SUBCONTRACTING - No portion of this Proposal may be subcontracted without the prior written approval by the City. 12. ELECTRONIC SUBMITTAL - Telegraphic and/or proposal offers sent by electronic devices (e.g. facsimile machines) are not acceptable and will be rejected upon receipt. Proposers will be expected to allow adequate time for delivery of their proposal either by airfreight, postal service, or other means. 13. CANCELLATION - Either party may cancel the contract in the event that a petition, either voluntary or involuntary, is filed to declare the other party bankrupt or insolvent or in the event that such party makes an assignment for the benefit of creditors. 14. ASSIGNMENT - Proposer shall not assign the contract or any monies to become due thereunder without the prior written consent of the City. Any assignment or attempt at assignment made without such consent of the City shall be void. 15. TAXES - The City of Waterloo is exempt from sales tax and certain other use taxes. Any charges for taxes from which the City is exempt will be deducted from invoices before payment is made. 16. PROPOSAL INFORMATION IS PUBLIC — All documents submitted with any proposal and the proposal shall become public documents and subject to Iowa Code Chapter 22, which is otherwise known as the "Iowa Open Records Law". By submitting any document to the City of Waterloo in connection with a proposal, the submitting party recognizes this and waives any claim against the City of Waterloo and any of its officials, officers and employees relating to the release of any document or information submitted. Each submitting party shall hold the City of Waterloo and its officials, officers and employees harmless from any claims arising from the release of any document or information made available to the City of Waterloo arising from any proposal opportunity. Page 100 of 436 EXHIBIT A CITY OF WATERLOO, IOWA 2022 and 2023 Residential Lots/Miscellaneous Areas Mowing and Lot Maintenance Services Contract CONTRACT PROVISIONS This Contract for mowing (the "Contract") is made and entered into effective May 1, 2022 and ending October 31, 2023, by and between the City of Waterloo, Iowa (the "City"), and (the "Contractor"). 1. The Contractor shall furnish all supervision, technical personnel, labor, materials, supplies and equipment to perform all work required for the Contract work as described in the Specifications. 2. The Contract Documents shall consist of the following: a. This Contract b. Request for Bids c. Notice of Public Hearing d. Instruction to Bidders e. Signed copy of Bid Form f. Non -Collusion Affidavit of Prime Bidder g. Non -Collusion Affidavit of Sub -Contractor h. Equal Opportunity i. General Conditions j. Bid Specifications These documents form the Contract Documents and are all fully incorporated as a part of this Contract as if attached to this Contract or set forth in full herein. In the event of any conflict or ambiguity among the Contract Documents, the document in the order set forth above that first addresses the issue or provision in question shall govern. 3. The Contractor agrees to be ready to commence the work within twenty-four (24) hours after the City issues a "Notice to Proceed" and to complete the work within the given time frame. Time is of the essence in the performance of duties under this Contract. The Contractor also agrees to the following: a. Contractors will abide by ordinance sections 7-1-2B(1). Contractor will not be permitted to transfer grass onto or across any city street or alley. In the event grass is transferred into any street or alley it shall be removed by the Contractor. b. Contractor will abide by ordinance sections 7-1-2F Contractors will not be permitted to blow weeds/grass onto or across any street or alley. In the event weeds/grass is transferred into the street it shall be removed by the Contractor. c. Contractors shall bag all weeds/grass taller than 12" in residential areas and dispose of the rubbish properly. Disposal can be done at the City of Waterloo Yard Waste Site located at 2749 Independence Ave., Waterloo, Iowa. d. Contractors are not to mow or trim any flowers or gardens unless specified by the Planning and Zoning Department. e. Contractors will trim around all trees, telephone poles, fences, structures, curbs and on the backside of alleys. f. In the event the Planning and Zoning Department finds that the Contractor did not fulfill its obligation, the Contractor will be required to go back to the property at no additional cost to the city or owner of the property. Page 101 of 436 g. Contractor shall remove all involuntary vines, brush, or trees along any fence and the portion of property to the alley when referral is given by the Project Manager. h. Properties found in compliance upon arrival of the contractor, will not result in additional charges to the City of Waterloo from the Contractor. 4. The Contractor agrees to comply with and obey all ordinances of the City of Waterloo relating to the obstruction of streets and alleys, keeping open passageways for water and traffic, and maintaining proper and sufficient barricades with lights and signals during all hours of darkness. 5. Except as to any negligence of City, its officials, officers, employees or agents in the performance of any duty under this Contract, and to the extent not covered by insurance maintained by Contractor, Contractor agrees to defend and indemnify City, its officials, officers, employees and agents, and to hold same harmless, from and against any and all claims, demands, causes of action, losses, costs, or liabilities whatsoever, including but limited to reasonable attorneys' fees and expenses, arising from or in connection with the acts or omissions of Contractor in performing the work contemplated by this Contract. 6. Contractor shall be responsible for all damage to public or private property. If public or private property is damaged by Contractor and is not repaired in a timely manner as determined by City, City has the option of having the damage repaired at the Contractor's expense, to be reimbursed to the City or withheld from future payments to Contractor hereunder. 7. The Contractor shall have no cause of action against the City on account of delays and execution of work, if the work is delayed by the City, the Contractor may have extra time for the completion of the job as was lost by reason of the delay caused by the City. 8. The City, at its sole discretion and without waiving any claims or rights, may allow for partial payment for the work included on an invoice for which all services have not been delivered or accepted. The City may withhold payment for reasons including, but not limited to, the following: unsatisfactory job performance or progress, defective work, disputed work, failure to comply with material provisions of the Contract, third -party claims filed or reasonable evidence that a claim will be filed, or other reasonable cause. 9. In the event that Contractor defaults in the performance or observance of any covenant, agreement or obligation set forth in this Contract, and if such default remains uncured for a period of seven (7) days after notice thereof shall have been given by City to Contractor, then City may declare that Contractor is in default hereunder and may terminate this Contract by delivery to Contractor of written notice of termination, and/or take whatever other action at law or in equity may be necessary or desirable to enforce the obligations and covenants of Contractor hereunder. Contractor shall be entitled to only one such notice, and in connection with any subsequent breach then City may terminate this Contract upon seven (7) days' advance written notice. In the event of termination, the Contractor shall be compensated for all necessary services satisfactorily performed through the termination date. No delay in enforcing the provisions hereof as to any breach or violation shall impair, damage or waive the right of City to enforce the same or to obtain relief against or recover for the continuation or repetition of such breach or violation or any similar breach or violation thereof at any later time or times. In the event that City prevails against Contractor in a suit or other enforcement action hereunder, Contractor agrees to pay the reasonable attorneys' fees and expenses incurred by City. 10. In addition to paragraph 9 above, this Contract may be terminated at any time, in whole or in part, upon the mutual written agreement of the parties. City may also choose to terminate this Contract at any time without cause by delivering to Contractor twenty-one (21) days' advance written notice of termination. 11. Contractor may not assign, delegate or subcontract any of its duties hereunder without the prior written consent of City. Page 102 of 436 12. Because time is of great importance when completing mowing work, the Contractor must notify the City of Waterloo at least two (2) weeks in advance including who will be filling in for them for any planned time off. 13. Any notice under this Contract shall be in writing and shall be delivered in person or by United States registered or certified mail, postage prepaid and addressed: City: Contractor: City of Waterloo, Iowa 715 Mulberry St. Waterloo, Iowa 50703 Attn: Planning Depai liuent Delivery of notice shall be deemed to occur (i) on the date of delivery when delivered in person, or (ii) three (3) business days following the date of deposit if mailed as stated above. 14. Nothing in this Contract shall, or shall be deemed or construed to, create or constitute any joint venture, partnership, agency, employment, or any other relationship between the parties nor, except as expressly set forth herein, to create any liability for one party with respect to the liabilities or obligations of the other party or any other person. Contractor is an independent Contractor. 15. This Contract shall be binding upon and inure to the benefit of the parties and the respective successors and assigns of each. 16. In the event any provision of this Contract is held invalid, illegal, or unenforceable, whether in whole or in part, the remaining provisions of this Contract shall not be affected thereby and shall continue in full force and effect. If, for any reason, a court finds that any provision of this Contract is invalid, illegal, or unenforceable as written, but that by limiting such provision it would become valid, legal, and enforceable, then such provision shall be deemed to be written and shall be construed and enforced as so limited. 17. This Contract, together with the Contract Documents, constitutes the entire agreement between the parties pertaining to the subject matter hereof. This Contract may not be modified or amended except by the mutual written agreement of the parties. 18. In consideration of the full compliance on the part of the Contractor with all the provisions, stipulations and conditions hereof, or contained in the various instruments made a part of this Contract by reference, and upon completion and acceptance of the work, the City agrees to pay the Contractor as set forth on Exhibit "A" attached hereto. IN WITNESS WHEREOF, the parties have executed this Contract for Mowing by their duly authorized representatives as of the date first set forth above. CITY OF WATERLOO, IOWA CONTRACTOR Quentin Hart - Mayor Name of Company Kelly Felchle -City Clerk By: Title: Page 103 of 436 Exhibit "B" 2022-2023 Mowing List as of 3/22/22 Property Lot Sq ft Sidewalk PIN Note Between 1508 & 1522 W 4th St 5,548 y 891326357012 formerly 1518 W 4th St Between 1305 & 1311 W 2nd St 2,115 y 891326307003 formerly 1309 W 2nd St NW of 434 Bayard St 3,585 y 891326357005 formerly 430 Bayard St NW of 714 La Porte Rd 59,959 3,276 n 891336253035 891326129029 891326129028 891326129034 891326129026 891326255025 Former voleball courts of bowling alley. Over 1 acre. West of 133 University Av y Is this parcel included in garden plot? Formerly 135 University Av. West of 133 University Av 3,276 y Is this parcel included in garden plot? Formerly 137 University Av. East of 157 University Av 4,651 y Should be in a garden plot. East of 157 University Av 6,552 y Should be in a garden plot. Consider combining these four parcels. West of 415 Wellington St 3,268 y formerly 411 Wellington St, soon to be sold to Habitat West of 415 Wellington St 2,496 n 891326255027 formerly 409 Wellington St, soon to be sold to Habitat West of 415 Wellington St 2,709 y 891326255024 891326255003 891326255008 891326128015 formerly 413 Wellington St, soon to be sold to Habitat NE of 624 W Park Av 8,899 y formerly 620 W Park Av Behind 619 W 3rd 2,082 n consider combining these two parcels West of 226 Leland Av 6,505 y someone is parking on it...they should mow, or stop parking on it. Formerly 232 Leland Av Between 704 & 710 W 1st St 4,231 y 891326177011 formerly 706 W 1st St East of 139 Dawson St 3,899 y 891314486006 formerly 121 Cutler St, south of corner lot South side of Dawson St at Lincoln St 1,134 y 891314485010 891322155008 891322155018 891314483009 East of 516 Upton Av 4,862 n East of 516 Upton Av 2,616 n Consider combining both parcels. North of 1003 Logan Av 6,450 y formerly 1007 Logan Av North of 130 St Albans St 6,017 y 891323284001 formerly 201 Lincoln St West of 318 Center St 6,850 y 891323229014 formerly 326 Center St SE Cor. of Conger St & Broadway St 6,370 y 891323204001 Note there is a traffic box on part of this lot, so we could not sell the entire lot East of 122 W Parker St 5,000 y 891314433013 formerly 116 W Parker St East of 424 Dawson St 4,166 y 891314458011 formerly 420 Dawson St East of 851 Dawson St 6,552 y 891314358004 formerly 847 Dawson St South of 1015 Lincoln St 6,450 y 891314476008 formerly 1013 Lincoln St South of 725 Fairview Av 7,646 y 891323127013 formerly 717 Fairview Av 300 Allen St 3,478 y 891326327001 soon to be sold to Habitat (house to be rehabed) NE of 810 W 2nd St 5,978 y 891326182022 formerly 800 W 2nd St East of 514 Bratnober St 2,080 y 891323207007 Formerly 508 Bratnober St. Demoed summer 2021. 921 W 2nd St 2,814 y 891326327019 soon to be sold to Habitat (house to be rehabed) NE of 627 W 2nd St 4,995 y 891326253011 formerly 623 W 2nd St West of 651 Kern St 9,780 y 891314381031 Formerly 663 Kern St. Demoed fall 2021. North of 3127 Logan Av 26,227 192,092 30,213 n 891302476048 East of 3338 W Airline Hwy n 891305476010 This parcel is being platted into 5 lots. Will need mowed until sold. Over 1 acre. NE Cor. of Ansborough Av & Upton Av n 891322153032 West of 917 Hartman Av 5,616 n 891328229001 North of 1021 Chalmers Av 6,777 257,411 73,822 14,001 n 891328229021 700 Blk of University Av West of US Hwy 63 n 891327226002 Former Weissman Iron & Metals. Over 1 acre. Lafayette St between Colorado St and Indiana St y 891230328011 Formerly 2265 Lafayette St, Lafayette School. Over 1 acre. West of 1330 Dearborn Av & 1127 Calhoun St n 891229306012 SW Cor. of Courtland St & Elm St 3,910 y 891325207006 formerly 326 Courtland St Between 806 Gilbert St & 1310 Cottage Grove Av 7,616 n 891229303009 Page 104 of 436 Exhibit "B" 2022-2023 Mowing List as of 3/22/22 Property Lot Sq ft Sidewalk PIN Note West of 1919 Lafayette St 3,672 y 891230157007 formerly 1915-1917 Lafayette St East of 1903 Lafayette ST 4,466 y 891230157008 SE of 1202 Sycamore St 5,734 y 891325181003 formerly 1218 Sycamore St SW of 1202 Sycamore St 5,475 y 891325181007 formerly 118 E 10th St SE of 1202 Sycamore St 4,778 y 891325181002 SE of 1202 Sycamore St 12,184 y 891325181004 North of 515 Independence Av 6,447 n 891324479019 formerly 519 Independence Av, alley access only Between 319 & 327 Glenwood St 3,992 y 891324454007 Between 222 & 232 Gable St 6,998 y 891313379004 formerly 230 Gable St Between 314 & 328 E 1st St 8,968 y 891323478017 formerly 320 E 1st St NE of 117 E 9th St 2,520 y 891325176017 formerly 121 E 9th St NE of 117 E 9th St 4,682 y 891325176016 corner of E 9th St and Sycamore St NE of 117E 9th St 7,202 y 891325176005 NE of 117E 9th St 6,246 y 891325176004 Behind 117 E 9th St 7,454 y 891325176012 formerly 116-118 E 8th St West of 1335 Mulberry St 6,292 y 891325251007 formerly 1331 Mulberry St SW Cor. of Franklin St & Linden Av 6,826 y 891325278006 formerly 1828 Franklin St North of 506 Elm St 5,428 y 891325212016 formerly 510 Elm St South of 326 Fowler St 3,758 y 891325211007 formerly 515 Elm St Between 868 & 876 Fowler St 3,136 y 891230106013 891325211001 891325211002 891325212002 ' 891325212003 891325212004 SE Cor. of Fowler St & Lane St 2,106 y formerly 302 Fowler St East of SE Cor. of Fowler St & Lane St 2,106 y formerly 304 Fowler St. Consider combining these two parcels East of 402 Fowler St 2,613 y Formerly 404 Fowler St. To be sold to 418 Fowler St? East of 402 Fowler St 4,425 y Formerly 408 Fowler St. Consider combining these two parcels. To be sold to 418 Fowler St? West of 418 Fowler St 5,628 y formerly 414 Fowler St. To be sold to 418 Fowler St? 928 Mulberry St 3,845 y 891325130007 On demo list for 2022. South of 608 Vinton St 3,501 y 891325227017 formerly 602 Vinton St West of 606 Independence Av 7,006 y 891325227001 This parcel acquired in 1988 by CLD 597197, presumably for intersection imp. Should Planning mow? SW Cor. of N Barclay St & Salisbury St 3,626 y 891324184009 This parcel acquired in 1972 by DEED 501897, presumably for road. Should Planning mow? North of 724 Vinton St 6,601 y 891324480002 formerly 728 Vinton St South of 733 Vinton St 4,389 y 891324479008 formerly 731 Vinton St North of 724 Vinton St 7,679 y 891324480001 formerly 734 Vinton St South of 749 Vinton St 6,583 y 891324479005 formerly 745 Vinton St North of 439 Cherry St 3,920 y 891324458009 formerly 449-447 Cherry St West of 718 Glenwood St Behind 515 Mobile St North of 508 Mobile St 860 8,138 8,200 y n y 891324482001 891324455013 891324477001 891324412014 891324412015 891324412013 891324412012 891324412011 891323434003 891323434002 "'Consider small triangular lot west of parcel 891324482002 formerly 520 Mobile St, at dead end of Mobile 600 Blk Mobile St 4,023 n 600 Blk Mobile St 14,207 n 600 Blk Mobile St 5,517 n 600 Blk Mobile St 7,981 n - They are mostly wooded. Have we historical) 600 Blk Mobile St 5,124 n Across from 81 Lafayette St 2,825 y Across from 81 Lafayette St 2,825 y combining these 2 parcels. Page 105 of 436 Exhibit "B" 2022-2023 Mowing List as of 3/22/22 Property Lot Sq ft Sidewalk PIN Note North of 221 Ash St 8,456 y 891324429005 South of 239 Ash St 8,458 y 891324429004 formerly 233 Ash St South of the SW Cor. of Halstead St & Merriman St 2,478 n 891324409005 NE Cor. of Mulberry St & Oak Av 3,916 y 891323428020 Portion needed for right-of-way North of 1015 Mobile St 4,773 n 891324260010 formerly 1017 Mobile St North of 235 Jackson St 5,463 y 891324257010 formerly 239 Jackson St Between 155 & 167 Harrison St 7,044 y 891323288003 891323288005 891323288006 891323288007 891324183008 891323285009 891323285010 891324181014 East of 155 Harrison St 7,044 y East of 155 Harrison St 9,391 y West of 137 Harrison St 4,696 y Consider combining these three parcels South of the SW Cor. Of N Barclay St & Oneida St 4,669 y formerly 213 N Barclay St 400 BIk Logan Av South of 105 Lincoln St 4,020 y 400 BIk Logan Av South of 105 Lincoln St 7,059 y Consider combining both parcels. Formerly 421 Logan Av West of 215 Oneida St 6,357 y formerly 211 Oneida St East of 307 Oneida St 6,726 y 891324254004 Formerly 317 Oneida St. Ok to leave on mowing list...but we should chat with Antioch Baptist Church about them buying, or trading for a different parcel. In case they need to expand their parking lot. South of 2306 City View St 7,357 n 891219205007 East of 122 Sumner St 4,717 y 891324179005 Used as parking lot, look at selling. Formerly 132 Sumner St 100 Blk Sumner St West of 211 Linn St 8,472 y 891324176010 formerly 121 Sumner St West of 410 Adams St 8,794 y 891324134009 formerly 402 Adams St East of 418 Adams St 8,819 y 891324134013 formerly 426 Adams St West of 519 Adams St 3,519 y 891324207008 formerly 509 Adams St NW Cor. of Adams St & E 4th St 17,049 y 891324107006 Could Leisure Services mow since it is right across from the park? South of 120 Peek St 5,630 y 891324208016 formerly 116 Peek St North of 806 Logan Av 7,480 y 891324101009 formerly 812 Logan Av West of 123 Conger St 7,509 y 891323228002 formerly 125 Conger St South of 328 Ricker St 5,219 y 891313383009 formerly 821 Manson St West of 437 Ricker St 7,115 y 891313381010 East of 119 Ricker St 5,343 y 891313356010 formerly 129 Ricker St NE Cor. of Ricker St & Hwy 63 4,888 y 891313354020 North of 1809 E 4th St 7,755 y 891313356007 East of 307 Gable St 7,347 y 891313377012 formerly 315 Gable St 300 BIk Gable St West of 1009 Manson St 7,344 y 891313377010 600 Blk Ankeny St South of 99 Mosley St 6,519 n 891313352019 formerly 647 Ankeny St East of 306 Charles St 7,340 y 891313331003 formerly 312 Charles St West of 220 Independence Av 8,339 y 891325202003 West of 824 Fowler St 8,424 y 891230106005 891324132026 891324132025 formerly 820 Fowler St East of 307 Adams St 3,410 y 300 BIk Adams St East of 307 Adams St 8,579 y West of 327 Adams St 8,581 y 891324132024 891324458021 consider combining these three parcels West of 117 Smith St 2,522 y formerly 115 Smith St East of 518 Cottage St 6,709 y 891324251005 formerly 520 Cottage St East of 620 Fowler St 7,006 y 891325234005 891313357007 formerly 622 Fowler St North of 902 Logan Av 9,167 y Page 106 of 436 Exhibit "B" 2022-2023 Mowing List as of 3/22/22 Property Lot Sq ft Sidewalk PIN Note 902 Logan Av 14,208 y 891313357008 891230305006 Dunsmore house. Consider combining these two parcels East of 126 Dearborn Av 8,541 y formerly 134 Dearborn Av 700 Blk Willow St East of 522 Beech St 13,858 y 891324427002 formerly 710 Willow St East of 217 Independence Av 3,252 y 891324457014 formerly 223 Independence Av South of 415 State St 8,380 y 891230151008 891325202010 891325202011 891324459003 formerly 409 State St 200 Blk Courtland St South of 206 Irving St 2,261 y formerly 211 Courtland St NE Cor. of Courtland St & Irving St 3,944 y Consider combining these two parcels 100 Blk Smith St West of 136 Smith St 3,770 y Formerly 120 Smith St. There appears to be a significant encroachment on this property...several hoop buildings. Property needs sold, buildings removed, or lease approved North of 1804 E 4th St 4,211 y 891313379013 Formerly 1808 E 4th St. Under development agreement to sell soon 1804 E 4th St 5,760 y 891313379012 891324479011 891324479010 891324184016 Consider combining these two parcels. Underdevelopment agreement to sell soon 700 Blk Vinton St North of 711 Vinton St 6,583 y formerly 717 Vinton St 700 Blk Vinton St North of 711 Vinton St 6,583 y Consider combining these two parcels 200 Blk of Hopkins Ct SE of 208 Salisbury St 4,495 n Formerly 220 Hopkins Ct. Demoed fall 2021. East of 3116 Franklin St 9,015 52,380 2,389 n 891229276008 formerly 3126 Franklin St West of 918 Newell St n 891324203003 891325137011 891325137012 891325137010 891325137013 Formerly 820 Newell St. Over 1 acre. 1027 Sycamore St y Building demolished in 2021 NW of 1027 Sycamore St 2,090 y formerly 1025 Sycamore St NE of 1027 Sycamore St 4,479 y 1000 Blk of Sycamore SE of 204 E 8th St 8,958 y consider combining these 4 parcels East of 215 Sumner St 5,658 y 891324177016 891324177015 891324457010 formerly 219 Sumner St West of 225 Sumner St 5,656 y Formerly 223 Sumner St. Consider combining these two parcels. North of 415 Lane St 7,149 y formerly 419 Lane St 00 Blk of Lane St, across street from 82 Lane St 4,120 y 891325251003 NE of 410 Thompson Av 4,225 y 891323431012 formerly 414 Thompson Av South of 326 Oak Av 1,754 y 891323430018 formerly 310 Oak Av SW of 406 E 10th St 2,626 y 891325209011 formerly 1201 Mulberry St South of 41 John St 6,233 n 891313351036 formerly 27 John St South of 414 Logan Av 7,971 y 891324156007 formerly 408-410 Logan Av South of 114 Warneka St 11,096 y 891313459019 formerly 915 Newell St NE of 409 E 8th St 9,519 y 891325127007 formerly 411 E 8th St SE of 906 Franklin St 2,785 y 891325127002 East of 124 Center St 31,007 y 891323231002 Formerly 120 Center St. Demoed fall of 2021. 100 Blk of Sumner St West of 211 Linn St 8,400 y 891324176011 891229358002 891229358003 891229358021 891229358001 891229226026 891229226025 891229226024 891313307009 Formerly 115 Sumner St. Demoed summer 2021. 1000 Blk of Fulton St across from 1013 Fulton St 10,400 n Formerly 1004 Fulton Av. Demoed fall 2021. 1000 Blk of Fulton St across from 1013 Fulton St 5,200 n 1000 Blk of Fulton St across from 1013 Fulton St 3,180 n 1000 Blk of Fulton St across from 1013 Fulton St 5,070 n consider combining these four parcels South of 171 Rebecca Ln 11,548 n Formerly 179 Rebecca Ln. Demoed fall 2021. South of 171 Rebbecca Ln 12,067 147,668 82,291 n East of 171 Rebbecca Ln n Consider combining these three parcels. Over 1 acre. rmer St. MaWu Ilia). Mow front yard only. Under 1 acre. 123 E Parker St y 2127 E 4th St 126,154 y 891313307026 Former St. Mary's church and school. Mow front yard only. Under 1 acre. On demo list for 2022. Mow front yard only until demo activity begins. 1526 E 4th St 7,263 y 891324129013 Page 107 of 436 Exhibit "B" 2022-2023 Mowing List as of 3/22/22 Property Lot Sq ft Sidewalk PIN Note 1527E 4th St 4,271 y 891324105007 100 Blk of Shilliam Av across from 209 Jackson St 5,164 y 891324405003 Formerly 118 Shilliam Av. Demoed fall 2021. West of 218 Cottage St 8,441 y 891324176002 891324476004 891324476003 891324476009 Formerly 214 Cottage St. Demoed fall 2021. 900 Blk of Linden Av North of 751 Glenwood St 6,046 y Formerly 915 Linden St. Demoed fall 2021. 900 Blk of Linden Av North of 751 Glenwood St 6,047 y Consider combining these two parcels West of 729 Glenwood St 6,300 y Formerly 725 Glenwood St. Demoed fall 2021. West of 150 Harrison St 4,346 y 891323285027 891230308009 891230308008 891324410001 Formerly 154 Harrison St. Demoed fall 2021. West of 246 Hogle St 5,473 y Formerly 242 Hogle St. Demoed fall 2021. West of 246 Hogle St 5,501 y Consider combining these two parcels SE Cor. of Merriman St & Halstead St 3,564 y Formerly 200 Merriman St. Demoed fall 2021 105 E 11th St 26,880 y 891325181005 Former lumber yard. On demo list for 2022 307 Sumner St 4,722 y 891324178017 On demo list for 2022. 335 Sumner St 5,072 y 891324178010 On demo list for 2022. 615 Glenwood St 1,892 y 891324477011 On demo list for 2022. 408 Courtland 10,200 y 891325208002 • ntil demo activity begins. 70 Sycamore St 39,636 y 891323476001 Former Crystal Ice building. 90 Sycamore St 15,228 y 891323476002 Former Crystal Ice building. 516 Pine St 3,810 y 891324310002 Soon to be sold to developer to be rehabed. 521 Pine St 4,601 y 891324307010 Soon to be sold to developer to be rehabed. West of 508 Adams St 8,743 y 891324210001 East of 427 Rath St 4,056 y 891230303007 East of 2012 Lafayette St 7,554 94,009 10,272 y 891230304006 1515 Sycamore St y 891325259002 Former Rath Administration building. Over 1 acre. East Cor. of Sycamore St & E 10th St y 891325180014 NW of 1217 Sycamore St 6,688 y 891325180013 formerly 1211 Sycamore St Between 508 & 526 Locust 1,927 y 891326331006 formerly 520 Locust St Between 1128 & 1206 Washington St. 9,380 y 891325307007 Adj. to 622 W 9th St 2,774 y 891326432012 formerly 626-628 W 9th St West of 1129 South St 7,323 y 891325307024 East of 1023 South St 3,566 y 891326433006 formerly 1029 South St NW of 1316 Washington St 3,167 y 891325354049 City acquired from State CLD 623 Pg 63. Is planning responsible to mow? NE of 622 W 9th St 2,854 y 891326432010 East of 1421 Hawthorne Av 5,415 y 891336105018 formerly 1423 Hawthorne Av West of 1133 Bertch Av 6,362 y 891335226017 Formerly 1131 Bertch Av. This property should be a high priority to sell SE of 1018 Wellington St 8,423 y 891326476006 891325153003 891325153002 891325307032 891325307033 891325307003 formerly 1020 Wellington St SE of 915 Commercial St 6,784 y formerly 919-925 Commercial St (Castle Apartments) 100 Blk W 8th St SE of 915 Commercial St 3,618 n Consider combining these two parcels SE of 1218 Washington St 6,853 y NW Cor. of W 11th St & South St 10,832 y Consider combining these two parcels NW of 1124 Washington St 8,447 y formerly 1120 Washington St NE of 620 W 7th St 2,421 y 891326426007 formerly 614 W 7th St NE of 619 W 7th St, behind 908-910 South St 3,000 n 891326431002 Formerly 613 W 7th St. Alley access only. NW of 1108 Grant Av 6,981 y 891326481001 formerly 1100 Grant Av West of 815 Williston Av 4,365 y 891326459020 Formerly 811 Williston Av. Demoed summer 2021. Soon to be sold to adjacent property owner. Page 108 of 436 Exhibit "B" 2022-2023 Mowing List as of 3/22/22 Property Lot Sq ft Sidewalk PIN Note SW of 326 W 14th St 4,210 y 891325377008 formerly 328 W 14th St 742 Grant Av 3,936 y 891326411007 Building demolished in 2021 325 W 13th St 8,300 n 891325377011 Building demolished in 2021. SW of 325 W 13th St 11,308 n 891325377010 1500 Blk of Bluff St NW of 326 W 14th St 5,653 n 891325377009 NE of 326 W 14th St 8,540 y 891325377006 817 Bluff St 20,517 y 891326283016 Quonset Hut part of former Johnstone Supply. Includes sidewalk along W 7th St SE of 1103 Commercial St 8,395 y 891325155013 NW Cor. of Williston Av & US Hwy 218 8,239 100,520 7,233 y 891325382012 East of 401 Eureka St n 891335138019 891325354011 891325354012 891325354013 South half of former Blatimore Field. Over 1 acre. SE of 1426 Washington St y SE of 1426 Washington St 7,030 y SE of 1426 Washington St 6,995 y Consider combining these three parcels. Page 109 of 436 Cittj of Waterloo, Iowa age 110 of 436 CITY OF WATERLOO Council Communication Resolution approving preliminary plans, specifications, form of contract, etc., setting date of bid opening as Apri121, 2022 and date of public hearing as May 2, 2022, in conjunction with the FY 2022 Asphalt Overlay Program, Contract No. 1056, and instruct City Clerk to publish notice. City Council Meeting: 4/4/2022 Prepared: 3/23/2022 SUBJECT: Resolution approving preliminary plans, specifications, form of contract, etc., setting date of bid opening as April 21, 2022 and date of public hearing as May 2, 2022, in conjunction with the FY 2022 Asphalt Overlay Program, Contract No. 1056, and instruct City Clerk to publish notice. Submitted by: Submitted By: Wayne Castle, PLS, PE, Assistant City Engineer Summary Statement: Plans prepared by the City Engineer's Office. Implementation, Accountability, Local Option Sales Tax Funds and Communication: Expenditure Required/Source of TBD Funds: Page 111 of 436 CITY OF WATERLOO Council Communication Resolution setting date of public hearing as May 2, 2022 to approve proposed repairs, in conjunction with the 2022 Sidewalk Inspection and Repair Program — Zone 2, and approve request to send out notification to property owners of proposed sidewalk repairs and estimate of costs, and instruct the City Clerk to publish notice. City Council Meeting: 4/4/2022 Prepared: 3/23/2022 Resolution setting date of public hearing as May 2, 2022 to approve proposed repairs, in conjunction with the 2022 Sidewalk Inspection and SUBJECT: Repair Program — Zone 2, and approve request to send out notification to property owners of proposed sidewalk repairs and estimate of costs, and instruct the City Clerk to publish notice. Submitted by: Submitted By: Oumie Ceesay, Associate Engineer I request that Council authorize the Engineering Department to notify the property owners of the necessary sidewalk repairs. I also request that Recommended Action: Council set May 2, 2022 as the date for a public hearing on the proposed repairs, for discussion on errors and omissions but not costs, and instruct the City Clerk to publish said notice. Summary Statement: Neighborhood Impact: City staff has completed the sidewalk inspection for Zone 2 and calculated the estimated repair costs for each affected property and are ready to notify property owners. Included in this notice will be an estimate of the repair cost, if included in an assessment program. Under Waterloo ordinance section 7-2A, property owners will be allowed 64 days from the date of notice to voluntarily repair their walk. Property owners, or their designated contractors, will be allowed to obtain sidewalk permits during that period. The final day to obtain a permit will be Friday, June 24, 2022. All sidewalk repair construction will be required to be completed by Friday, July 1, 2022. Any unrepaired sidewalk remaining would then be included in an assessment program. The assessment program will be prepared immediately following period with construction let as soon as possible thereafter. Implementation, Accountability, Property Owner Assessments and Communication: Page 112 of 436 CITY OF WATERLOO Council Communication Motion to approve Change Order No. 7 from Vieth Construction Corporation, of Cedar Falls, Iowa, for a net increase of $8,579.00, in conjunction with the FY 2021 Highway 63 Enhancements from Washington Street to Parker Street, Contract No. 1029, and authorizing the Mayor and City Clerk to execute said document. City Council Meeting: 4/4/2022 Prepared: 3/23/2022 ATTACHMENTS: Description Type ❑ Cont 1029 CO #7 Backup Material SUBJECT: Submitted by: Recommended Action: Summary Statement: Motion to approve Change Order No. 7 from Vieth Construction Corporation, of Cedar Falls, Iowa, for a net increase of $8,579.00, in conjunction with the FY 2021 Highway 63 Enhancements from Washington Street to Parker Street, Contract No. 1029, and authorizing the Mayor and City Clerk to execute said document. Submitted By: Matt Schindel, Associate Engineer Approve change order. Implementation, Accountability, G.O. Bonds and Communication: Expenditure Required/Source of80% Federal Cost Funds: 20% City Cost Page 113 of 436 Please wait... If this message is not eventually replaced by the proper contents of the document, your PDF viewer may not be able to display this type of document. You can upgrade to the latest version of Adobe Reader for Windows®, Mac, or Linux® by visiting http://www.adobe.com/go/reader_download. For more assistance with Adobe Reader visit http://www.adobe.com/go/acrreader. Windows is either a registered trademark or a trademark of Microsoft Corporation in the United States and/or other countries. Mac is a trademark of Apple Inc., registered in the United States and other countries. Linux is the registered trademark of Linus Torvalds in the U.S. and other countries. Page 114 of 436 CITY OF WATERLOO Council Communication Motion to approve Change Order Nos. 1 and 2 with All Star Environmental, LLC, for a net increase of $3,090.00, in conjunction with additional asbestos removal, for property located at 300 Allen Street, 307 Sumner Street, and 615 Glenwood Street, Contract No. AB-2022-02-04P. City Council Meeting: 4/4/2022 Prepared: 3/23/2022 ATTACHMENTS: Description ❑ Change order 1 and 2 to Contract AB-2022-02-04P ❑ Change Order Lab Samples ❑ Change Order Lab Results ❑ Original Contract SUBJECT: Submitted by: Recommended Action: Summary Statement: Data/Analysis and Strategies: Type Backup Material Backup Material Backup Material Backup Material Motion to approve Change Order Nos. 1 and 2 with All Star Environmental, LLC, for a net increase of $3,090.00, in conjunction with additional asbestos removal, for property located at 300 Allen Street, 307 Sumner Street, and 615 Glenwood Street, Contract No. AB-2022-02-04P. Submitted By: Noel Anderson, Director Community Planning and Development Approval All Star Environmental of Dubuque, Iowa was awarded Contract #AB- 2022-02-04P for asbestos abatement services for 3 residential properties. During the abatement process, additional asbestos was found in all three of the properties, including 300 Allen Street (duct paper on pipe), 307 Sumner Street (600 SF of floor tile and adhesive), and 615 Glenwood Street (400 SF of floor tile and mastic). The additional material was hidden between the duct work and the walls, and under other flooring, so was not identifiable when the asbestos survey was done. The original asbestos abatement contract amount for was $3,715. Change Order 1 (for 300 Allen Street) is $490, and Change Order 2 (for 307 Sumner Street and 615 Glenwood Street) is $2,600. This is a combined increase of $3,090, making a revised final contract amount is $6,805. Nuisance abatement $3,090. The original contract amount of $3,715 would be increased to Expenditure Required/Source of $6,805. Paid from Nuisance Abatement Bonds. Funds: Page 115 of 436 ASBESTOS ABATEMENT SERVICE CONTRACT #AB-2022-02-04P 1. CHANGE ORDER #1 (300 Allen St) To abate the pipe will be $490.00 2. CHANGE ORDER #2 (307 Sumner St) a. To abate the floor tile and adhesive in living room and dining room (600 sq ft) will be $845.00. CHANGE ORDER #2 (615 Glenwood St) b. To abate the floor tile and mastic in the bedroom, living room and kitchen (400 sq ft) will be $1755.00. GRAND TOTAL $3090.00 Page 116 of 436 Page of COMPANY NAME: HAASCO LTD. CONTACT: Phone/fax: Email: CHAIN OF CUSTODY EMC Labs, Inc. 9830 S. 51 sT St., Ste B-109 Phoenix, AZ 85044 (800) 362-3373 Fax (480) 893-1726 P.O. Box 156 Dyersville, IA 52040 Tom Haas (563) 920-0471 Scan & Email COC (563) 875-8300 / (563) 875-7115 haascoltd@yahoo.com Now Accepting: VISA — MASTERCARD BILL TO: LAB# : TAT: Rec' dfAR 1 1 P.I. (If Different Location) Price Quoted: $ / Sample $ Layers COMPLETE ITEMS 1-4: (Failure to complete any items may cause a delay in processing or analyzing your samples) 1. TURNAROUND TIME: [4hr rush} [8hr rush} [1-Day] [2-Day] [3-Day] [5-Day] [6-10 Day] `**'Frio[ confirmation of turnaround time is required ****Additional charges for rush analysis (please call marketing department for pricing details) ****Laboratory analysis may be subject to dela if redit terms are not met 2. TYPE OF ANALYSIS: l [Bulk-PLM [Air-PCM] [Lead] [Point Count] [Fungi: AOC, W-C, Bulk, Swab, Tape] 3. DISPOSAL INSTRUCTIONS`: — [ isD pose of samples at EMC] / [Return samples to me at my expense] (If you do not indicate preference, EMC will dispose of samples 30 days from analysis j 4. Project P.O. Number: Name: �o �.,. °\;] p;=,A._-_,(c ",'s `.) a-� Project Number: �, -, t 1 EMC SAMPLE # CLIENT SAMPLE # DATE & TIME SAMPLED LOCATION/MATERIAL TYPE Samples Accepted Y / No AIR SAMPLE INFO f COMMENTS ON OFF FLOW RATE V N 1 { cl\S` \ N Y N Y N Y N Y N Y N Y N Y N Y N Y N Y N SPECIAL INSTRUCTIONS: Point Count if <1%ortrace unless otherwise specified on COC Sample Collector: (Prir K1/4.m.LsZ, ?...c. Z�-� (Signature) (� Relinquished by: 1-- gal-. Date/Time 3 I 0 ' -- Received bylNiurvx,reAtAldb Relinquished by: c , de r Date/Time3tt (VZ2 ' heceived by: Relinquished by: Date/Time Received by: �9� Date/Time:9f l/ZZ Date/Time !/ — Date/Time:t ** In the event of any dispute between the above parties for these services or otherwise, parties agree that jurisdiction and venue will be in Phoenix, Arizona and prevailing party will be entitled to attorneys fees and court costs. Page 117 of 436 Facility Name I Site Location Inspected by: Thomas E. Haas N IX City of Waterloo Material Description, Color, Location 307 Sumner Street, Waterloo, Iowa Brown floor tiles 9" and black adhesive sample from living room 615 Glenwood Brown floor tiles 9" and black adhesive - sample from living room and located in mist locations Green floor tiles 9" and black adhesive- sample from the kitchen Material = I- L 2 0 Q< 1-I- LLI- = Q M in EJ 615-2 ILab No. Page 118 of 436 EMC LABS, INC. Laboratory Report 9830 S. 51st Street, Suite B109, Phoenix, AZ 85044 0269662 Phone: 800-362-3373 or 480-940-5294 - Fax: (480) 893-1726 Bulk Asbestos Analysis by Polarized Light Microscopy NVLAP#101926-0 Client: HAASCO LTD Job# / P.O. #: ASE018 Address: P.O. BOX 156 Date Received: 03/11/2022 DYERSVILLE IA 52040 Date Analyzed: 03/14/2022 Collected: 03/10/2022 Date Reported: 03/14/2022 Project Name: CITY OF WATERLOO EPA Method: EPA 600/R-93/116 Address: Submitted By: TOM HAAS Collected By: Lab ID Sample Layer Name / Asbestos Asbestos Type Non -Asbestos Client ID Location Sample Description Detected (%) Constituents 0269662-001 307 SUMNER ST, LAYER 1 307-1 WATERLOO, IA - 9" Floor Tile, Brown FROM LIVING RM LAYER 2 Adhesive, Black Yes Chrysotile 5% Yes Chrysotile 5% Carbonates Quartz Binder/Filler Carbonates Gypsum Quartz Binder/Filler 95% 95% 0269662-002 615 GLENWOOD- LAYER 1 615-1 FROM LIVING RM & 9" Floor Tile, Brown/ Gray LOCATED IN MISC LOCATIONS LAYER 2 Adhesive, Black Yes Chrysotile 2% Yes Chrysotile 3% Carbonates Quartz Binder/Filler Carbonates Gypsum Quartz Binder/Filler 98% 97% Page 1 of 2 Page 119 of 436 EMC LABS, INC. Laboratory Report 9830 S. 51st Street, Suite B109, Phoenix, AZ 85044 0269662 Phone: 800-362-3373 or 480-940-5294 - Fax: (480) 893-1726 Bulk Asbestos Analysis by Polarized Light Microscopy NVLAP#101926-0 Client: HAASCO LTD Job# / P.O. #: ASE018 Address: P.O. BOX 156 Date Received: 03/11/2022 DYERSVILLE IA 52040 Date Analyzed: 03/14/2022 Collected: 03/10/2022 Date Reported: 03/14/2022 Project Name: CITY OF WATERLOO EPA Method: EPA 600/R-93/116 Address: Submitted By: TOM HAAS Collected By: Lab ID Sample Layer Name / Asbestos Asbestos Type Non -Asbestos Client ID Location Sample Description Detected (%) Constituents 0269662-003 615 GLENWOOD- LAYER 1 615-2 FROM THE 9" Floor Tile, Green KITCHEN LAYER 2 Adhesive, Black LAYER 3 Adhesive, Clear Yes Chrysotile 3% Carbonates Quartz Binder/Filler 97% Yes Chrysotile 2% Cellulose Fiber 1% Carbonates Gypsum Quartz Binder/Filler 97% No None Detected Cellulose Fiber 1% Carbonates Quartz Gypsum Binder/Filler 99% Analyst - Dustin White Signatory - Lab Director - Kurt Kettler Distinctly stratified, easily separable layers of samples are analyzed as subsamples of the whole and are reported separately for each discernible layer. All analyses are derived from calibrated visual estimate and measured in area percent unless otherwise noted. The report applies to the standards or procedures identified and to the sample(s) tested. The test results are not necessarily indicative or representative of the qualities of the lot from which the sample was taken or of apparently identical or similar products, nor do they represent an ongoing quality assurance program unless so noted. These reports are for the exclusive use of the addressed client and that they will not be reproduced wholly or in part for advertising or other purposes over our signature or in connection with our name without special written permission. The report shall not be reproduced except in full, without written approval by our laboratory. The samples not destroyed in testing are retained a maximum of thirty days. The laboratory measurement of uncertainty for the test method is approximately less than 1 by area percent. Accredited by the National Institute of Standards and Technology, Voluntary Laboratory Accreditation Program for selected test method for asbestos. The accreditation or any reports generated by this laboratory in no way constitutes or implies product certification, approval, or endorsement by the National Institute of Standards and Technology. The report must not be used by the client to claim product certification, approval, or endorsement by NVLAP, NIST, or any agency of the Federal Government. Polarized Light Microscopy may not be consistently reliable in detecting asbestos in floor coverings and similar non -friable organically bound materials. Page 2 of 2 Page 120 of 436 ASBESTOS ABATEMENT SERVICES CONTRACT #AB-2022-02-04P 300 Allen Street, 307 Sumner Street, and 615 Glenwood Street This Contract for Asbestos Abatement Services (the "Contract") is entered into as of February 21, 2022, by and between the City of Waterloo, Iowa ("City") and All Star Environmental LLC. In consideration of the mutual promises exchanged herein, the parties agree as follows: 1. Term and Services. For the period of February 21, 2022 thru April 30, 2022, subject to extension upon the mutual written agreement of the parties, the Contractor agrees to furnish all tools, labor and materials, and perform and substantially complete all work within the time period stated in the specifications after receipt of Notice to Proceed with respect to a given property or set of properties. By executing this Contract, Contractor certifies that it holds an asbestos permit issued by the Iowa Division of Labor and that all personnel who perform work on the project will have an asbestos license issued by the Iowa Division of Labor. Contractor agrees that such permit and licenses will be maintained during the term of this Contract. Work to be performed includes all work described in the Contract Documents (defined below). Contractor shall provide the above services at the cost set forth in the Contractor's RFB response. Contractor's request for payment for services authorized under this Contract shall be submitted in accordance with the Contract Documents and will be paid within forty-five (45) days after receipt of an original invoice and after such services are delivered and accepted and all necessary supporting documentation is submitted. Contractor will be paid for all items satisfactorily completed. Such payment will be full compensation for asbestos removal and disposal, for all permits, licenses, inspections, for complying with all laws, rules, regulations and ordinances, including safety, and for furnishing all materials, equipment and labor to complete the work in accordance with the plans and specifications. 2. Contract Documents. The following documents (collectively, the "Contract Documents") are hereby incorporated by reference as though set forth herein in full: a. Request for Bid b. Addenda (if any) c. Response (Proposal) from the Contractor In the event of conflict between the provisions of the Contract Documents and this Contract, the provisions of this Contract shall prevail. 2.1 Contract Limits. Total actual expenses allowed by the project Contract, including any renewal extensions of the Contract, shall not exceed $3,715 as provided in the Bid Tabulation that is part of Contractor's RFB Response referenced in Section 2.c above (bid amount was revised due to exclusion of 335 Sumner Street from the bid by Addenda Number 2), except by written amendment as provided herein. Page 121 of 436 3. Approval; Timing of Work. Contractor shall not begin work until after the Contract has been approved by the City Council and the Contractor has been issued a Notice to Proceed. The work shall commence within ten (10) days after the City has issued a Notice to Proceed with respect to any particular property or set of properties, and all work shall be completed and delivered within the term of the Contract. 4. Performance Bond. Not required for this Contract. 4.1 Payment Bond. Not required for this Contract. 5. Reporting; Records. Contractor shall exercise best efforts to maintain communication with City personnel whose involvement in the project is necessary or advisable for successful and timely completion of the work of the project. Communications between the parties shall be verbal or in writing, as requested by the parties or as dictated by the subject matter to be addressed. Contractor shall maintain all project records for a minimum period of three (3) years after the date of final payment for services rendered under this Contract. During the term of this Contract and for the ensuing record -retention period, Contractor shall make any or all project records available upon reasonable request, and in any event within two (2) business days of request, to City, and any other agency of state or federal government. For purposes of this section, "records" means any and all books, documents, papers and records of any type or nature that are directly pertinent to this Contract. Contractor agrees to furnish, upon termination of this Contract and upon demand by the City, copies of all basic notes and sketches, charts, computations, and any other data prepared or obtained by the Contractor pursuant to this Contract, without cost and without restrictions or limitation as to the use relative to specific projects covered under this Contract. In such event, the Contractor shall not be liable for the City's use of such documents on other projects. 6. Re -inspection Costs. The contractor that performed the asbestos surveys for the properties (Exhibit "B" to the RFB) will inspect the properties for proper removal of ACM. If the abatement Contractor fails to remove all ACM that requires any re -inspection by the survey contractor, the abatement Contractor shall be responsible to pay (directly to the survey contractor) any and all fees associated with said re -inspection. 7. Indemnity. Except as to any negligence of City, its officials, officers, employees or agents, in the performance of any duty under this Contract, and to the extent not covered by insurance maintained by Contractor, Contractor agrees to defend and indemnify City, its officials, officers, employees and agents, and to hold same harmless, from and against any and all claims, demands, causes of action, losses, costs, or liabilities whatsoever, including but not limited to reasonable attorneys' fees and expenses, arising from or in connection with the acts or omissions of Contractor in providing the services contemplated by this Contract. This will include but is not limited to actions or suits based upon or alleging bodily injury, including death, or property damage rising out of or resulting from the Contractor's operation under this Contract, whether by itself or by any subcontractor or anyone directly or indirectly employed by any of them. Contractor is not and shall not be deemed an agent or employee of the City. 8. Default; Termination for Cause. In the event that Contractor defaults in the performance or observance of any covenant, agreement or obligation set forth in this Contract, and if such default remains uncured for a period of seven (7) days after notice thereof shall have been 2 Page 122 of 436 given by City to Contractor (or for a period of fourteen (14) days after such notice if such default is curable but requires acts to be done or conditions to be remedied which, by their nature, cannot be done or remedied within such 14-day period and thereafter Contractor fails to diligently and continuously prosecute the same to completion within such 14-day period), then City may declare that Contractor is in default hereunder and may take any one or more of the following steps, at its option: a. by mandamus or other suit, action or proceeding at law or in equity, require Contractor to perform its obligations and covenants hereunder, or enjoin any acts or things which may be unlawful or in violation of the rights of the City hereunder, or obtain damages caused to the City by any such default; b. have access to and inspect, examine and make copies of all books and records of Contractor which pertain to the project; c. declare a default of this Contract, make no further disbursements, and demand immediate repayment from Contractor of any funds previously disbursed under this Contract; d. terminate this Contract by delivery to Contractor of written notice of termination; and/or e. take whatever other action at law or in equity may be necessary or desirable to enforce the obligations and covenants of Contractor hereunder, including but not limited to the recovery of funds. No delay in enforcing the provisions hereof as to any breach or violation shall impair, damage or waive the right of City to enforce the same or to obtain relief against or recover for the continuation or repetition of such breach or violation or any similar breach or violation thereof at any later time or times. In the event that City prevails against Contractor in a suit or other enforcement action hereunder, Contractor agrees to pay the reasonable attorneys' fees and expenses incurred by City. 9. Termination for Convenience. This Contract may be terminated at any time, in whole or in part, upon the mutual written agreement of the parties. City may also choose to terminate this Contract at any time by delivering to Contractor 10-days' advance written notice of intent to terminate. 10. Non -Assignable Duties. Contractor may not assign its duties hereunder without the prior written consent of City. 11. Independent Contractor. Contractor is an independent contractor and is not an employee, servant, agent, partner, or joint venturer of City. Contractor has no power or authority to enter into contracts or agreements on behalf of City. City shall determine the work to be done by Contractor, but Contractor shall determine the legal means by which it performs the work specified by City. City is not responsible for withholding, and shall not withhold, FICA or taxes of any kind from any payments which it owes Contractor. Neither Contractor nor its employees, if any, shall be entitled to receive any benefits which employees of City are entitled to receive and shall not be entitled to workers' compensation, unemployment compensation, medical 3 Page 123 of 436 insurance, life insurance, pension, or any benefits of any type or nature whatsoever on account of their work for City. Contractor shall be solely responsible for compensating its employees, if any. 12. Anti -Discrimination. During the performance of this Contract, Contractor, for itself, its assignees and successors in interest, agrees to comply with the anti -discrimination laws of the State of Iowa, as contained in Sections 19B, 551.4 of the Code of Iowa, which are herein incorporated by reference and made a part of this Contract. 13. Severability. In the event any provision of this Contract, together with the Contract Documents, is held invalid, illegal, or unenforceable, whether in whole or in part, the remaining provisions of this Contract shall not be affected thereby and shall continue in full force and effect. If, for any reason, a court finds that any provision of this Contract is invalid, illegal, or unenforceable as written, but that by limiting such provision it would become valid, legal, and enforceable, then such provision shall be deemed to be written and shall be construed and enforced as so limited. 14. General Terms. This Contract, together with the Contract Documents, constitutes the entire agreement between the parties pertaining to the subject matter hereof. This Contract may not be modified or amended except pursuant to the mutual written agreement of the parties. This Contract is binding on the parties and the heirs, personal representatives, successor and assigns of each. Time is of the essence in the performance of the terms hereof. IN WITNESS WHEREOF, the parties have executed this Contract for Asbestos Abatement Services as of the date first set forth above. CITY OF WATERLOO, IOWA ALL STAR ENVIRONMENTAL LLC By: Quentin Hart, Mayor Bruce pre Attest: Kelly Felchle, City Clerk 4 Page 124 of 436 CITY OF WATERLOO Council Communication Motion to approve Change Order No. 1 with Advanced Environmental Testing and Abatement, Inc., of Waterloo, Iowa, for a net increase of $4,665.00, in conjunction with additional asbestos removal for property located at 114 E l0th Street, Contract No. AB-2021-12-4P, and authorizing the Mayor to execute said document. City Council Meeting: 4/4/2022 Prepared: 3/23/2022 ATTACHMENTS: Description ❑ Change Order No. 1 to Contract AB-2021-12-4P ❑ Change Order Lab Results ❑ Original Contract SUBJECT: Submitted by: Recommended Action: S ummary Statement: Type Backup Material Backup Material Backup Material Motion to approve Change Order No. 1 with Advanced Environmental Testing and Abatement, Inc., of Waterloo, Iowa, for a net increase of $4,665.00, in conjunction with additional asbestos removal for property located at 114 E l0th Street, Contract No. AB-2021-12-4P, and authorizing the Mayor to execute said document. Submitted By: Noel Anderson, Community Planning and Development Director Approval Advanced Environmental, Inc. of Waterloo, Iowa was awarded Contract #AB-2021-12-4P for asbestos abatement services for 4 properties. During the abatement process, additional asbestos was found at 114 E l0th Street (two layers of asbestos floor tile and mastic and a transit wall with cement board). The additional material was hidden and under other flooring/wall covering, so was not identifiable when the asbestos survey was done. The original contract was for $94,800.00. Change Order 1 is $4,665, making a revised final contract amount of $99,465. Data/Analysis and Strategies: Nuisance Abatement Expenditure Required/Source of $4,665. The original contract amount of $94,800 would be increased to Funds: $99,465. Paid from Nuisance Abatement Bonds. Page 125 of 436 Proposal Proposal Submitted To: City of Waterloo Community Planning and Development Attn: Aric Schroeder 715 Mulberry St Waterloo, IA 50703 Project & Address: Asbestos Removal Floor tile & Mastic plus transite wall 114 East 10th Street Waterloo, IA 50703 Phone: 319-291-4366 Date: 03/22/2022 Email: ARIC.SCHROEDER@WATERLOO-IA.ORG AP*4CED ENVIRONMENTAL IN1: ANl} fLEIATE1411.14 T. INC .wrv- 803 Ricker St Waterloo, IA 50703 Phone: 319-287-4447 Fax: 319-287-4449 WE HEREBY PROPOSE to furnish all the materials, equipment and perform all labor for the completion of: removal & disposal of two layers of acm floor tile & mastic (under carpeting) from the north side office at the west end and the traniste wall just west of the boiler at the above referenced project. PROPOSAL INCLUDES: (1) Daily OSHA required personal & excursion air monitoring; (2) Power and Water WE PROPOSE to furnish material and labor, complete in accordance with the above specifications for the sum of: Four Thousand Six Hundred Sixty -Five Dollars ($4,665.00) TERMS: Net 30 days All work is guaranteed to be as specified. All work to be completed in a workmanlike manner according to specified practices. Any alteration or deviation from the above specifications involving extra costs will be executed only upon written orders and will become an extra charge above the estimate. All agreements contingent upon strikes, accidents or delays beyond our control. Owner to carry fire, tornado, and other necessary insurance. We carry general liability insurance and our workers are fully covered by workers compensation insurance. NOTE: This proposal may be withdrawn by us if not accepted within 60 days. Respectfully Submitted, ADVANCED ENVIRONMENTAL TESTING AND ABATEMENT, INC Jay Llewellyn ACCEPTANCE OF PROPOSAL The price, specifications and conditions are satisfactory and are hereby accepted. You are authorized to do the work as specified. Payment(s) will be made as outlined above. Signature: Date: Name & Title(PRINT): Page 126 of 436 EMC LABS, INC. Laboratory Report 9830 S. 51st Street, Suite B109„ Phoenix, AZ 85044 0269671 Phone: 800-362-3373 or 480-940-5294 - Fax: (480) 893-1726 Bulk Asbestos Analysis by Polarized Light Microscopy NVLAP#101926-0 Client: ADVANCED ENVIRONMENTAL Job# 1 P.O. #: 21-27024 Address: 803 RICKER ST. Date Received: 03/11/2022 WATERLOO IA 50703 Date Analyzed: 03/14/2022 Collected: 03/10/2022 Date Reported: 03/14/2022 Project Name: 114 E. 10TH ST-WATERLOO, IA EPA Method: EPA 600/R-93/116 Address: Submitted By: JAY LLEWELLYN Collected By: Lab ID Sample Layer Name / Asbestos Asbestos Type Non -Asbestos Client ID Location Sample Description Detected (%) Constituents 0269671-001 OFFICE IN S. LAYER 1 114E10-1 ADDITION -NW Floor "file, Pink LAYER 2 Mastic, Black LAYER 3 Floor Tile, Pink LAYER 4 Mastic, Black Yes Chrysolite 8% Yes Chrysolite 5% Yes Chrysotile 3% Yes Chrysotile 5% Carbonates Quartz BinderlFiller Carbonates Gypsum Quartz Binder/Filler Carbonates Quartz BinderlFiller Carbonates Gypsum Quartz BinderlFiller 92% 95% 97% 95% 0269671-002 WALL W. OF Cement Board, Gray! White Yes Chrysotile 15% 114E10-2 BOILER Carbonates Gypsum Quartz BinderlFiller 85% Analyst - Matt Kettler Signatory - Lab Director - Kurt Kettler D.0ntly m vbed. ...y severable layers of aampin we analyzed a subsemples of the rondo and we reported separately In each dncendtle tenor Al anatyses are derived learn calbrn.d visual .stellate and measured h mu percent menu otherwise tame The moon appltea la the ttehderda for pr,rad.0 Identified and in to aamplelsl tested_ The test results are not or -mangy Indiums err representative of the manes of Ma lot horn wrath the sample was Limn or al apparently Identical or simile products. nor do they regrown an ongoing Quality issuance program unless sa noted These meets me for ashe exclusive use of the edm.ss.d deN.rrd Mat they sea not ha reproduced eddy or in pan for whertising or other purposes ore our signature or in connection well our name rohfout special wrwan permission The report NMI not be reproduced except in lul, without written .pprwel by our laboratory TM samples not destroyed in testing are Maned a mammon or tarty days- The laboratory m.esuremed al uncertainty for Me Wet m.rterd le .pp.rlm.7.y Ins than 1 by ilia percent. Aocredded by the Nadcnat nsecure of Swedwds ed T.Wnlogy. Vol miry Laboratory Acc edeadon Program for enacted lest matbed for asbestos. The uaedrtaeon or are/ reports generated by bus laboratory in no way meat ulds or unpin prodrrct cerblltrbon, apprwd. or endan.merrl by m. Naeond lusteule of Standards and T.chro4gy. The report must not be used by the dam to tam Medved eandtbnit n. approval, of ardoaemem by NVL.AP NIST a any agency of the Federal Goverment Poadz.d Light Mrcroscapy may not be cons.teMy reliable In detW,g.sbestos n Poor por.rwps and ernes, non-Mable org.nka►y bawd materials Page 1 of 1 Page 127 of 436 ASBESTOS ABATEMENT SERVICES CONTRACT #AB-2021-12-4P 928 Mulberry Street, 1526 E 4th Street, 114 E 10th Street, and 105 E 11th Street This Contract for Asbestos Abatement Services (the "Contract") is entered into as of December 6, 2021, by and between the City of Waterloo, Iowa ("City") and Advanced Environmental, Inc. ("Contractor"). In consideration of the mutual promises exchanged herein, the parties agree as follows: 1. Term and Services. For the period of December 6, 2021 thru February 28, 2022, subject to extension upon the mutual written agreement of the parties, the Contractor agrees to furnish all tools, labor and materials, and perform and substantially complete all work within the time period stated in the specifications after receipt of Notice to Proceed with respect to a given property or set of properties. By executing this Contract, Contractor certifies that it holds an asbestos permit issued by the Iowa Division of Labor and that all personnel who perform work on the project will have an asbestos license issued by the Iowa Division of Labor. Contractor agrees that such permit and licenses will be maintained during the term of this Contract. Work to be performed includes all work described in the Contract Documents (defined below). Contractor shall provide the above services at the cost set forth in the Contractor's RFB response. Contractor's request for payment for services authorized under this Contract shall be submitted in accordance with the Contract Documents and will be paid within forty-five (45) days after receipt of an original invoice and after such services are delivered and accepted and all necessary supporting documentation is submitted. Contractor will be paid for all items satisfactorily completed. Such payment will be full compensation for asbestos removal and disposal, for all permits, licenses, inspections, for complying with all laws, rules, regulations and ordinances, including safety, and for furnishing all materials, equipment and labor to complete the work in accordance with the plans and specifications. 2. Contract Documents. The following documents (collectively, the "Contract Documents") are hereby incorporated by reference as though set forth herein in full: a. Request for Bid b. Addenda (if any) c. Response (Proposal) from the Contractor In the event of conflict between the provisions of the Contract Documents and this Contract, the provisions of this Contract shall prevail. 2.1 Contract Limits. Total actual expenses allowed by the project Contract, including any renewal extensions of the Contract, shall not exceed $94,800.00 as provided in the Bid Tabulation that is part of Contractor's RFB Response referenced in Section 2.c above, except by written amendment as provided herein. Page 128 of 436 3. Approval; Timing of Work. Contractor shall not begin work until after the Contract has been approved by the City Council and the Contractor has been issued a Notice to Proceed. The work shall commence within ten (10) days after the City has issued a Notice to Proceed with respect to any particular property or set of properties, and all work shall be completed and delivered within the term of the Contract. 4. Performance Bond. Not required for this Contract. 4.1 Payment Bond. Not required for this Contract. 5. Reporting; Records. Contractor shall exercise best efforts to maintain communication with City personnel whose involvement in the project is necessary or advisable for successful and timely completion of the work of the project. Communications between the parties shall be verbal or in writing, as requested by the parties or as dictated by the subject matter to be addressed. Contractor shall maintain all project records for a minimum period of three (3) years after the date of final payment for services rendered under this Contract. During the term of this Contract and for the ensuing record -retention period, Contractor shall make any or all project records available upon reasonable request, and in any event within two (2) business days of request, to City, and any other agency of state or federal government. For purposes of this section, "records" means any and all books, documents, papers and records of any type or nature that are directly pertinent to this Contract. Contractor agrees to furnish, upon termination of this Contract and upon demand by the City, copies of all basic notes and sketches, charts, computations, and any other data prepared or obtained by the Contractor pursuant to this Contract, without cost and without restrictions or limitation as to the use relative to specific projects covered under this Contract. In such event, the Contractor shall not be liable for the City's use of such documents on other projects. 6. Re -inspection Costs. The contractor that performed the asbestos surveys for the properties (Exhibit "B" to the RFB) will inspect the properties for proper removal of ACM. If the abatement Contractor fails to remove all ACM that requires any re -inspection by the survey contractor, the abatement Contractor shall be responsible to pay (directly to the survey contractor) any and all fees associated with said re -inspection. 7. Indemnity. Except as to any negligence of City, its officials, officers, employees or agents, in the performance of any duty under this Contract, and to the extent not covered by insurance maintained by Contractor, Contractor agrees to defend and indemnify City, its officials, officers, employees and agents, and to hold same harmless, from and against any and all claims, demands, causes of action, losses, costs, or liabilities whatsoever, including but not limited to reasonable attorneys' fees and expenses, arising from or in connection with the acts or omissions of Contractor in providing the services contemplated by this Contract. This will include but is not limited to actions or suits based upon or alleging bodily injury, including death, or property damage rising out of or resulting from the Contractor's operation under this Contract, whether by itself or by any subcontractor or anyone directly or indirectly employed by any of them. Contractor is not and shall not be deemed an agent or employee of the City. 8. Default; Termination for Cause. In the event that Contractor defaults in the performance or observance of any covenant, agreement or obligation set forth in this Contract, and if such default remains uncured for a period of seven (7) days after notice thereof shall have been 2 Page 129 of 436 given by City to Contractor (or for a period of fourteen (14) days after such notice if such default is curable but requires acts to be done or conditions to be remedied which, by their nature, cannot be done or remedied within such 14-day period and thereafter Contractor fails to diligently and continuously prosecute the same to completion within such 14-day period), then City may declare that Contractor is in default hereunder and may take any one or more of the following steps, at its option: a. by mandamus or other suit, action or proceeding at law or in equity, require Contractor to perform its obligations and covenants hereunder, or enjoin any acts or things which may be unlawful or in violation of the rights of the City hereunder, or obtain damages caused to the City by any such default; b. have access to and inspect, examine and make copies of all books and records of Contractor which pertain to the project; c. declare a default of this Contract, make no further disbursements, and demand immediate repayment from Contractor of any funds previously disbursed under this Contract; d. terminate this Contract by delivery to Contractor of written notice of termination; and/or e. take whatever other action at law or in equity may be necessary or desirable to enforce the obligations and covenants of Contractor hereunder, including but not limited to the recovery of funds. No delay in enforcing the provisions hereof as to any breach or violation shall impair, damage or waive the right of City to enforce the same or to obtain relief against or recover for the continuation or repetition of such breach or violation or any similar breach or violation thereof at any later time or times. In the event that City prevails against Contractor in a suit or other enforcement action hereunder, Contractor agrees to pay the reasonable attorneys' fees and expenses incurred by City. 9. Termination for Convenience. This Contract may be terminated at any time, in whole or in part, upon the mutual written agreement of the parties. City may also choose to terminate this Contract at any time by delivering to Contractor 10-days' advance written notice of intent to terminate. 10. Non -Assignable Duties. Contractor may not assign its duties hereunder without the prior written consent of City. 11. Independent Contractor. Contractor is an independent contractor and is not an employee, servant, agent, partner, or joint venturer of City. Contractor has no power or authority to enter into contracts or agreements on behalf of City. City shall determine the work to be done by Contractor, but Contractor shall determine the legal means by which it performs the work specified by City. City is not responsible for withholding, and shall not withhold, FICA or taxes of any kind from any payments which it owes Contractor. Neither Contractor nor its employees, if any, shall be entitled to receive any benefits which employees of City are entitled to receive and shall not be entitled to workers' compensation, unemployment compensation, medical 3 Page 130 of 436 insurance, life insurance, pension, or any benefits of any type or nature whatsoever on account of their work for City. Contractor shall be solely responsible for compensating its employees, if any. 12. Anti -Discrimination. During the performance of this Contract, Contractor, for itself, its assignees and successors in interest, agrees to comply with the anti -discrimination laws of the State of Iowa, as contained in Sections 19B, 551.4 of the Code of Iowa, which are herein incorporated by reference and made a part of this Contract. 13. Severability. In the event any provision of this Contract, together with the Contract Documents, is held invalid, illegal, or unenforceable, whether in whole or in part, the remaining provisions of this Contract shall not be affected thereby and shall continue in full force and effect. If, for any reason, a court finds that any provision of this Contract is invalid, illegal, or unenforceable as written, but that by limiting such provision it would become valid, legal, and enforceable, then such provision shall be deemed to be written and shall be construed and enforced as so limited. 14. General Terms. This Contract, together with the Contract Documents, constitutes the entire agreement between the parties pertaining to the subject matter hereof. This Contract may not be modified or amended except pursuant to the mutual written agreement of the parties. This Contract is binding on the parties and the heirs, personal representatives, successor and assigns of each. Time is of the essence in the performance of the terms hereof. IN WITNESS WHEREOF, the parties have executed this Contract for Asbestos Abatement Services as of the date first set forth above. CITY OF WATERLOO, IOWA ADVANCED ENVIRONMENTAL, INC By: Quentin Hart, Mayor Attest: Kelly Felchle, City Clerk 4 Mlc LL P , en12s19tNs--- Page 131 of 436 CITY OF WATERLOO Council Communication Motion to approve recommendation of appointment of Justin Estling, from the current Civil Service list, to the position of Plant Mechanic in the Waste Management Services Department, effective May 09, 2022, pending successful completion of pre -employment physical and drug screening. City Council Meeting: 4/4/2022 Prepared: 3/21/2022 ATTACHMENTS: Description ❑ Certified Plant Mechnaic List ❑ Plant Mechanic Job Desciption SUBJECT: Submitted by: Recommended Action: Type Backup Material Backup Material Motion to approve recommendation of appointment of Justin Estling, from the current Civil Service list, to the position of Plant Mechanic in the Waste Management Services Department, effective May 09, 2022, pending successful completion of pre -employment physical and drug screening. Submitted By: Matt Hosford, Assistant Director and Collection Systems Superintendent Approve motion for appointment. Expenditure Required/Source of $ 64,521.60 +benefits Funds: Page 132 of 436 Mayor QUENTIN HART COUNCIL MEMBERS JOHN CHILES Ward 1 JONATHAN GRIEDER Ward 2 NIA WILDER Ward 3 JEROME AMOS, JR. Ward 4 RAY FEUSS Ward 5 ROB NICHOLS At -Large DAVE BOESEN At -Large CITY OF WATERLOO, IOWA HUMAN RESOURCES 715 Mulberry St. • Waterloo, IA 50703 • Phone (319) 291-4303 • Fax (319) 291-4569 March 18, 2022 TO: Honorable Mayor & City Council We, the members of the Civil Service Commission, certify the following list of applicants, who are eligible based upon the examination process as set forth by the Civil Service Commission for the appointment to the position of Plant Maintenance Mechanic for the City of Waterloo, Iowa Waste Management Department. This list shall be used to fill any vacancy in the Plant Maintenance Mechanic classification from March 18, 2022 — March 17, 2023. Respectfully submitted, CERTIFIED LIST Justin Estling Devon Albert Brandon Eighmey Justin Jacobs Barry Haskins Date Lovie Caldwell Date Ethel Washington Date WE'RE WORKING FOR YOU! An Equal Opportunity/Affirmative Action Employer Page 133 of 436 WE'RE WORKING FOR YOU! An Equal Opportunity/Affirmative Action Employer Page 134 of 436 Submit resume by going to www.cityofwaterlooiowa.com clicking on Career Opportunities, reviewing the Plant Maintenance Mechanic description and following directions to submit cover letter and resume. We will not accept mailed, faxed, hand -delivered or directly emailed resumes. Deadline to submit resume is NOON on February 25, 2022. CIVIL SERVICE NOTICE CITY OF WATERLOO, IOWA OPEN EXAMINATION PLANT MAINTENANCE MECHANIC DEPARTMENT SALARY FLSA CIVIL SERVICE BARGAINING UNIT WASTE MANAGEMENT SERVICES 29.41 per hour with $1.00 increase after probation NON-EXEMPT INCLUDED MUNICIPAL EMPLOYEES LOCAL #177 GENERAL STATEMENT OF DUTIES Skilled technical position responsible for installing, repairing and general maintenance of plant equipment, machinery and facilities at the Pollution Control Plant and City lift stations. The work is performed under the general direction of the Maintenance Foreman and Waste Management Service Director's, but considerable leeway is granted for the exercise of independent judgment. No supervisory responsibilities. EXAMPLES OF ESSENTIAL FUNCTIONS (Illustrative Only) These functions are considered essential for successful performance in this job classification: The essential functions are performed according to the Standard Operating Procedures. The procedures have been developed for the local jurisdiction based on generally accepted standards for wastewater treatment facilities. 1. Maintains and repairs a variety of equipment, machinery and control systems. 2. Installs and/or performs major mechanical repair of pumps, engines, motors and other auxiliary equipment. 3. Performs electrical, plumbing and welding to repair equipment. 4. Performs daily field checks of all systems operating equipment for proper operation and needed maintenance. 5. Performs routine preventive maintenance and repair of a variety of equipment and machinery. 6. Utilize computer based geographic information systems (GIS) to receive work order assignments, record maintenance and repairs conducted, and input equipment characteristics into systems of record. 7. Performs general building and grounds custodial tasks including painting, mowing, shoveling snow and repairing windows. 8. Lifts, carries, pushes and pulls items weighing up to one hundred (100) pounds with assistance as needed. 9. Drives light and heavy-duty equipment and vehicles as assigned. 10. Works outside in all weather conditions; works near and around mechanical, hydraulic and electrical hazards; noise level is loud; atmosphere may contain dust, infectious waste, toxic and explosive gases or unfavorable natural ventilation; visibility might be poor and mobility limited; walking surface may be wet or slippery. Page 135 of 436 11. May stoop, kneel, reach, turn, crawl, climb or crouch for an extended period in cramped or difficult to reach areas. 12. Enters and works in confined spaces with entry space being as small as twenty-two (22) inches using permanent or portable vertical ladders at a depth of up to forty (40) feet; climbs and works at heights up to fifty (50) feet. 13. Works at different or repetitive workload pace, independently and with others with minimum supervision. 14. Attends work regularly at the designated place and time. 15. Performs all work duties and activities in accordance with City policies, procedures and OSHA, City and Waste Management Services safety rules and regulations. 16. Performs all other related duties as assigned. REQUIRED KNOWLEDGE & ABILITIES 1. Considerable knowledge of standard practices, methods, tools and materials of the mechanical trade. 2. Considerable knowledge of welding, metalwork, machine work and related occupational hazards connected with general maintenance operations. 3. Considerable knowledge and skill in use and care of bench and hand tools, machines and equipment of the mechanical trade. 4. Knowledge of occupational hazards and the safety precautions necessary in the operation and maintenance of a pollution control facility. 5. Ability to assess and repair complex maintenance problems using tools, materials and procedures involved in machine, pump, motor and other equipment installation and repair and make decisions based on standard operating procedures. 6. Ability to understand and carry out difficult oral and written instructions. 7. Ability to communicate orally and in writing when required to present facts and recommendations clearly and concisely. 8. Ability to limit exposures to infectious waste, toxic and explosive gases or unfavorable natural ventilation. 9. Ability to complete daily work sheets, keep thorough maintenance records, prepare written and electronic reports, complete forms and perform required record keeping, both written and electronic. 10. Ability to complete assigned work projects without direct supervision. 11. Ability to communicate with coworkers and supervisors by radio, give and receive instructions, and read, analyze and record complex technical data and computations. 12. Ability to communicate effectively and maintain working relationships with coworkers and supervisors. 13. Ability to work with people from a broad variety of social, economic, racial, ethnic and educational backgrounds. ACCEPTABLE EXPERIENCE & TRAINING 1. High school graduate/equivalent. 2. Must obtain a Grade I Waste Water Operator Certification from the State of Iowa within twenty-four (24) months of employment; Failure to obtain this certification within the stated time will result in termination of employment. Must maintain this certification after employment. Failure to maintain the appropriate certification will result in disciplinary action up to and including layoff or termination. 3. Minimum two years' experience as machine maintenance mechanic including plumbing, mechanical and electrical experience. 4. Must obtain within six-month probationary period and maintain Iowa Class A or B Commercial Driver's License (CDL) with air brake and tanker endorsements within 6 Page 136 of 436 months of employment. Failure to obtain this CDL within the 6-month time frame will result in termination of employment with no appeal rights. Good driving record based on City of Waterloo driver performance criteria. A candidate with any of the following will not be considered for employment: loss of license for any reason during the period of candidacy for employment, if the candidate remains without a valid, current license for the position when the City issues an offer of employment; loss of license, plea of guilty, plea of no contest or its equivalent or conviction for OWI, reckless driving or other major moving violation within the previous five years; four or more citations for moving violations within the previous three-year period, excluding speeding violations of 10 mph or less over the posted speed limit; three or more citations for moving violations within the previous one-year period. After appointment to the position, disciplinary action or continuing employment status may be reviewed for the following: four or more moving violations within the previous three years, three or more moving violations within the previous one year or loss of license or conviction for OWI, reckless driving or other major moving violation within the previous five years; two or more at -fault accidents within a three-year period while driving on City business; three or more at -fault within a three-year period. 5. An applicant's driving record will be reviewed prior to consideration for an interview, prior to offer of employment and at least annually after hire. 6. Must be trained regarding Permit Required Confined Space Program as required by depai tment head ESSENTIAL PHYSICAL ABILITIES The following physical abilities are required with or without accommodation. 1. Sufficient strength to perform assigned tasks including but not limited to lifting and carrying up to one hundred (100) pounds with assistance as needed or to move barrels weighing up to five hundred (500) pounds with proper equipment. 2. Sufficient physical and mental stamina to work double shifts during flood or other weather emergencies. 3. Sufficient speech and hearing that permits the employee to communicate effectively with coworkers and supervisors over the telephone and radio. 4. Sufficient personal mobility that permits the employee to operate vehicles in all types of weather, move from one Waste Management Services facility to another and work in cramped spaces or difficult to reach areas. 5. Sufficient manual dexterity and coordination for safe operation of manual and powered equipment; ability to grasp/grip tools, switches and valves. 6. Sufficient depth perception, peripheral vision and color vision to work around machinery, operate equipment and identify indicator lights on control panels. 7. Adequate hearing to diagnose problems, to communicate with and for safety purposes. machinery coworkers MISCELLANEOUS 1. Must wear personal protective equipment whenever and wherever necessary such as safety shoes, safety glasses, hardhat, welding shield, hearing protection and gloves. 2. Must wear standard uniform as supplied by City. 3. Must comply with City of Waterloo Residency Policy for Critical Employees (live within 30- mile radius of Waterloo City Hall). Will be given reasonable compliance period as determined by supervisor. Must maintain a local telephone number in order to be contacted during emergencies. 4. Must submit to Department of Transportation requirements for CDL driver's including pre- employment, post -accident, reasonable suspicion, random and return-to-duty/follow- Page 137 of 436 up alcohol and drug testing. 5. Following a conditional offer of employment, the City of Waterloo requires a physical and drug test by a physician of the City's choice to determine if an applicant is capable of performing the essential functions of the position. Failure to pass the physical exam and drug test will result in withdrawal of the employment offer. 6. The City of Waterloo will conduct a background investigation including driving, education, employment and criminal history checks on any applicant being considered for this position. 7. Must submit to and pass Civil Service examination procedures including a panel interview. May also be required to prove mechanical aptitude. WORK SCHEDULE Will generally be assigned to work 7:00 a.m. - 3:00 p.m. Monday -Friday but may be called any hours or days for maintenance related breakdowns, plant emergency or severe weather conditions. Intermittent overtime based on staffing needs EXAMINATION INFORMATION Qualified applicants who apply by the deadline date will be required to appear before an oral examination panel consisting of a minimum of three people who have expertise in the areas being tested. An individual must receive a minimum average score of sixty points out of one hundred to achieve a passing score on the oral examination. The top applicants, as ranked by their scores on the oral examination will be the individuals placed on the certified list. Applicants who qualify as outlined and are full time regular employees of the City of Waterloo shall have one additional point per full year of employment up to a maximum of five points added to their final score. Honorably discharged men and women from the military or naval forces of the United States who qualify per provisions of Chapter 35 of the Code of Iowa and who are citizens and residents of the United States shall have five additional points added to their final score upon submission of their DD214 or ten points added if they were awarded a Purple Heart or have a service connected disability. ORAL EXAMINATION DATE Qualified applicants who apply by the deadline date will be notified of the time, place and date of the examination. A.A. /E.E.O. Minority, female & disabled individuals are encouraged to apply. PLANT MAINTENANCE MECHANIC-WMS DESCRIPTION February 2022 Page 138 of 436 CITY OF WATERLOO Council Communication Motion to approve recommendation of appointment of Melissa Gearhart to the position of Assistant Human Resources Director, effective April 25, 2022. City Council Meeting: 4/4/2022 Prepared: 3/29/2022 ATTACHMENTS: Description ❑ Job Description SUBJECT: Submitted by: Recommended Action: Summary Statement: Type Backup Material Motion to approve recommendation of appointment of Melissa Gearhart to the position of Assistant Human Resources Director, effective April 25, 2022. Submitted By: Lance Dunn, Human Resources Director Approve the appointment of Melissa Gearhart to the position of Assistant Human Resources Director effective April 25, 2022. This position is being filled due to a retirement of an employee. This position is budgeted and required to support the Human Resources Department operations. Expenditure Required/Source of Salary $75,000 ($36.06 per hr.) ($53.80 per hr. with benefits) Funds: Page 139 of 436 Submit resume by going to www.cityofwaterlooiowa.com clicking on Job Openings, reviewing the Assistant Human Resources Director description and following directions to submit cover letter and resume. We will not accept mailed, faxed, hand -delivered or directly emailed resumes. Deadline to submit resume is Noon on January 7, 2022. DEPARTMENT SALARY RANGE FLSA CIVIL SERVICE BARGAINING UNIT ASSISTANT HUMAN RESOURCES DIRECTOR HUMAN RESOURCES DEPARTMENT $65,000 to $75,000 EXEMPT INCLUDED NON -BARGAINING GENERAL STATEMENT OF DUTIES Professional, administrative position responsible for assisting with the planning, organizing and directing all municipal human resources related activities for the City as a whole including employment, salary/fringe benefits, labor relations and safety in a union environment with six bargaining units. The work is performed under the general direction of the Human Resources Director but considerable leeway is granted for the exercise of independent judgement and initiative. Assists the Human Resources Director in supervising the work of one clerical staff and one HR specialist. EXAMPLES OF ESSENTIAL FUNCTIONS (Illustrative Only) These functions are considered essential for successful performance in this job classification. 1. Assists in administering a comprehensive human resources program including but not limited to the following: employee relations, recruitment and selection, labor contract negotiations, Civil Service compliance, safety and workers' compensation programs for approximately 560 full time, regular employees and 200 seasonal, temporary and part time employees. 2. Assures that City, State and Federal municipal employment laws and regulations are followed including but not limited to FLSA, FMLA, ADA, EEO, OSHA, DOT-CDL, workers' compensation and Civil Service. 3. Coordinates and assists City departments in recruiting, interviewing and selecting personnel to ensure conformity with procedures and compliance with applicable union contracts and City and State Civil Services rules and regulations. 4. Coordinates all drug and alcohol testing and acts as Employee Assistance Program coordinator. 5. Assists in investigation of employee charges of harassment or discrimination and advises department heads on resolution. 6. Assists in responding to EEOC and ICRC complaints filed by City employees or applicants for employment. 7. In coordination with department heads, develops or reviews new job descriptions and makes recommendations for changes to present descriptions. 8. Assists in coordinating and administering the Affirmative Action Plan. 9. Represents the City on unemployment insurance claims and hearings. 10. Assists in coordinating the development of new or revised human resources policies. 11. Acts as contact person for all safety -related matters and administers comprehensive workers' compensation program. Page 140 of 436 12. Summarizes information orally and in writing for Human Resources Director, Mayor, Council and department heads. 13. Conducts research and analyzes complex personnel and labor issues. 14. Answers questions from elected officials, other department heads, State and Federal agencies, City employees and members of the general public regarding City human resources policies and procedures. 15. Compiles reports, performs data entry and completes forms on personal computer using the applicable software. 16. Works independently and with others with limited supervision. 17. Attends work regularly at the designated place and time. 18. Performs all work duties and activities in accordance with City and Human Resources Depai tiiient policies, procedures and safety rules. 19. Performs related work as assigned. REQUIRED KNOWLEDGE & ABILITIES 1. Comprehensive knowledge of techniques, principles and practices of human resources management and employee relations. 2. Extensive knowledge of the practices and procedures of public personnel administration, including classification, compensation, recruitment and selection. 3. Extensive knowledge of laws, executive orders, regulations and rules pertaining to human resources, affirmative action, safety and labor relations including FMLA, FLSA, ADA, EEO, OSHA, DOT-CDL, workers' compensation and Civil Service as they pertain to municipal government. 4. Knowledge of municipal government functions and organizations. 5. Knowledge and understanding of test construction and administration. 6. Knowledge of Federal and State legislation affecting employment applications and hiring procedures. 7. Ability to maintain confidentiality concerning personnel information. 8. Ability to analyze issues in a dispute and to establish a compromise. 9. Ability to plan and perform research in the field of labor management. 10. Ability to make independent decisions and to make recommendations regarding rules, policies, regulations and programs for all City employees. 11. Personal computer skills and ability to learn related software applications, enter and retrieve information on a computer, develop computer - generated reports and update records. 12. Ability to analyze and interpret data and review materials on a variety of complex personnel and labor relations matters. 13. Ability to establish and maintain liaisons with Federal, State and other government subdivisions. 14. Ability to keep accurate and thorough records. 15. Ability to respond to questions, communicate effectively orally and in writing and maintain working relationships with all City employees, State and Federal government agency representatives, the media, department heads, elected officials, union officials and the general public tactfully and in a clear, concise and easily understandable manner. 16. Ability to work with and be sensitive to people from a broad variety of social, economic, racial, ethnic, and educational backgrounds. ACCEPTABLE EXPERIENCE & TRAINING Page 141 of 436 1. Bachelor's Degree in business administration, public administration, human resources or related area. 2. Minimum five years progressively more responsible human resources experience including significant exempt level experience; prefer city or county government experience. 3. Experience working in a strong union environment. 4. Personal computer experience with Microsoft Word and Excel. 5. If using City vehicle, must have Iowa Driver's License and good driving record based on the City of Waterloo insurability criteria. ESSENTIAL PHYSICAL ABILITIES The following physical abilities are required with or without accommodation. 1. Sufficient speech and hearing that permits the employee to communicate effectively with other employees, elected officials, Federal, State and other government subdivisions and agencies in person or by telephone. 2. Sufficient personal mobility that permits the employee to operate a passenger vehicle safely and physically move from one City department or facility to another. 3. Sufficient vision and manual dexterity that permits the employee to operate a personal computer, handle files and perform other administrative responsibilities. MISCELLANEOUS 1. The City of Waterloo will conduct a background investigation including employment and criminal history checks on any applicant being considered for this position. WORK SCHEDULE Generally 8:00 a.m. to 5:00 p.m. Monday through Friday with one hour unpaid lunch. May be significant work outside these hours. Must also be available for depai tiilent or City activities or meetings that require the attendance of the Assistant Human Resources Director. ASSISTANT HUMAN RESOURCES DIRECTOR DESCRIPTION December 2021 Page 142 of 436 CITY OF WATERLOO Council Communication Motion to receive the City of Waterloo Annual Comprehensive Financial Report for the fiscal year ended June 30, 2021 and place on file. City Council Meeting: 4/4/2022 Prepared: 3/15/2022 ATTACHMENTS: Description Type D FYE21 ACFR Council Comm Backup Material D City of Waterloo FYE21 Audited Financial Statements Backup Material D FYE21 Auditor Communication Package Backup Material D FYE21 Passenger Facility Charges Report Backup Material SUBJECT: Submitted by: Recommended Action: Summary Statement: Motion to receive the City of Waterloo Annual Comprehensive Financial Report for the fiscal year ended June 30, 2021 and place on file. Submitted By: Michelle Weidner, Chief Financial Officer Please see the attached letter for additional information. Page 143 of 436 CITY OF ERLOO FINANCE DEPARTMENT Michelle Weidner, CPA Chief Financial Officer Council Communication City Council Meeting: April 4, 2022 Prepared: March 22, 2022 Dept. Head Signature: Michelle Weidner SUBJECT: Annual Comprehensive Financial Report for The Year Ended June 30, 2021 Submitted by: Michelle C. Weidner, Chief Financial Officer Recommended City Council Action: I recommend that the Annual Comprehensive Financial Report for the Fiscal Year Ended June 30, 2021 be placed on file. Background Information: Please find attached the City of Waterloo Annual Comprehensive Financial Report for the fiscal year ended June 30, 2021. We are pleased to report that the audited financial statements reflect that the overall financial position of the City continued to improve during the fiscal year ended June 30, 2021 and that the independent auditor's report issued by RMS US, LLP is unmodified (see the tab labeled Auditor's Report for their opinion). Reading the transmittal letter, found at pages iii through ix behind the Introductory Section tab, and Management's Discussion and Analysis, found at pages 3 through 14 behind the Management's Discussion & Analysis tab, provides a summary of the information included in the basic financial statements. Reading through these two documents will provide you with an idea of the contents of the report, although I would recommend that you read the entire report to more fully understand the City's financial position. This document summarizes all the financial activity that was undertaken by the City during the fiscal year ended June 30, 2021. The footnotes, found at pages 33 through 82, provide additional background and explanation about the City's activities. The grant compliance portion of the audit is not yet complete and will be provided separately at a later date. The Statement of Net Position and Statement of Activities, found at pages 15 through 18 is reported under the full accrual basis of accounting and is intended to be comparable to other business financial statements. Debt, including pensions and post -employment health benefits liabilities and capital assets are included in these statements. Approximately 98% of the City of Waterloo's net position reflects the City's substantial investment in capital assets (land, buildings and improvements, infrastructure and vehicles). The City's total investment in capital assets, net of accumulated depreciation and related debt, was $449,472,924. Page 144 of 436 FYE2021 ACFR Cover Letter Page 2 of 4 The fund financial statements, found at pages 18 through 25, are prepared on the modified accrual basis of accounting. One of the key indicators in the report is the trend in the General Fund balance. The unassigned fund balance increased by $1,548,699 for the year, indicating that General fund activities as a whole performed better than expected, despite the pandemic and the Governor's orders that closed many businesses and governmental activities March 16, 2020. A significant source of this increase was due to a new program implemented by the state that the City participated in that resulted in increased ambulance revenue for the year. The City budgeted to use $2,447,500 in unassigned fund balance for operations in fiscal year 2022 which was included in the assigned fund balance at June 30, 2021. A total of $1,450,000 was set aside over the past two years to prepare for a year with 27 pay periods which will occur during the fiscal year ending June 30, 2023. The unassigned fund balance of $12,736,746 is 20.8% of General Fund expenditures, a slight increase of 0.4% from fiscal year 2020. This is a key indicator used by many readers of the statements, including the bond rating services. In order to provide an adequate cash flow cushion for expenses and grants, and to improve our bond rating to the next category, which is the level that many cities our size hold, it is recommended that unassigned fund balance be 25% of general fund expenditures. It is significant to note that this ratio has improved from a low point of 5.2% at June 30, 2000. Overall General fund balance, including amounts restricted and assigned for special purposes, increased by $3,010,287. Restricted and assigned sources of fund balance increased by a total of $1,147,722. General fund unrestricted cash of $14,220,754 is 24.5% of General fund revenues, exceeding the 5% of revenues required by city ordinance. A portion of unrestricted cash has been assigned to fund a pool to self -insure the City for various risks, such as uninsured worker's compensation claims, tort claims and employee health care and also to provide cash for the amount of fund balance that was budgeted to be used for FYE2022 general operations. The Debt Service fund, which is used to retire the city's general obligation debt, reflected an increase in cash of $76,485 and an increase in fund balance of $102,475 available for the retirement of future debt. This increase was due primarily to property tax revenue being more than budgeted and the results of refunding debt transactions. Tax collections were high in FYE21, offsetting a shortfall from the prior year, likely a pandemic -related issue. The Tax Increment Financing (TIF) fund is restricted for the payment of debt service related to the tax increment financing districts. The fund realized an increase in cash of $1,039,238 and an increase in fund balance of $2,598,888. This fund balance is related to timing differences from the date that obligations were certified for collection and the correlating payments, primarily due to the Leversee area construction for this year. Page 145 of 436 FYE2021 ACFR Cover Letter Page 3 of 4 The Trust and Agency fund is used to levy property taxes for the payment of employee benefits for general fund employee activities. Cash increased by $345,950 and fund balance increased by $279,188, due primarily to higher than expected property tax revenue and pension expense less than budgeted due to vacant positions. The Local Option Tax fund, which is used to repair, reconstruct and improve streets, saw a decrease in cash of $163,613 and a decrease in fund balance of $583,397. The total fund balance was $10,839,814 at June 30, 2021. Much of the year-end fund balance was committed to construction contracts that were previously awarded but uncompleted at June 30, 2021. The City received the largest true -up payment ever in November 2021. The pandemic has not appeared to affect our local option receipts to date. The state has not been able to explain the reasons for the increase, other than the addition of the requirement to pay sales tax on internet sales The Road Use Tax fund, which pays for such things as street maintenance, snow removal, traffic operations and engineering, realized a decrease in cash of $6,760,795 and a decrease in fund balance of $6,788,960. The net decrease was due to the use of transfer of jurisdiction funds received from the State of Iowa in prior years that were spent during the current year for the University Avenue project. The Library Special Levy fund recognized an increase in cash of $63,969 and an increase in fund balance of $57,396 during the year ended June 30, 2021. A very small cash balance is maintained in the Community Development Block Grant Fund. Grant funds received from the federal government are required to be spent as received. The City routinely advances general fund monies to pay these expenses until reimbursements are received, generally from the federal government. This practice reduces general fund investment earnings and temporarily reduces general fund cash available for other uses. Cash and fund balance increased by $448,292 and $195,667, respectively, in the Housing fund. Expenditures in this fund are restricted for specified uses by the federal government. The total cash, including restricted cash balance was $5,479,312 at June 30, 2021, while fund balance increased to $5,038,055. The Grants Fund reported a deficit fund balance due to timing delays in receiving grant reimbursements. Most grants the City receives require that the City request and receive reimbursement from the granting agencies only after the City has expended the funds. This creates a temporary deficit in the funds. Because the City's books are maintained on an accrual basis, expenses are recorded for invoices that may not be paid until after year-end. The City cannot request reimbursement until after the invoices are paid, creating temporary timing deficits. The City continues to investigate alternatives for shortening the turnaround time between spending grant funds and receiving reimbursements where possible. Page 146 of 436 FYE2021 ACFR Cover Letter Page 4of4 The Sanitation fund, which accounts for garbage removal and recycling activities, ended the year with $3,558,502 in cash, an increase of $758,993 from the previous year, while net position for this fund increased by $842,957 to $5,078,421. This cash level provides the fund with a needed cushion to allow the fund to pay its bills prior to receiving revenue and to pay expenses even if revenue declines unexpectedly. Available cash not committed to repay current liabilities declined to 60% of revenues, covering eight months of operating expenses. The impact of the pandemic on this fund was less than expected. The Sewer fund, which accounts for wastewater and storm water activities, ended the year with unrestricted cash available for operations of $14,353,188, an increase of $2,183,682. Available cash not committed to repay current liabilities (excluding bonds) increased to 85% of revenues, which is approximately fourteen months of cash flow to pay operating expenses, excluding debt service, which is a large expense for the fund. Unrestricted net position increased by $525,193 to $11,677,705. Sewer operations cash increased $2,456,744 to $10,024,521, while operating cash in the storm sewer fund decreased $273,062 to $4,328,667. Because the city is completing some construction projects using current operating revenues, the cash and fund balance for this fund is subject to fluctuation. If you have any questions about the information presented or would like to discuss the performance of any of the funds specifically, please contact me. I'll be happy to provide further information. Page 147 of 436 CITY OF WATERLOO, IOWA ANNUAL COMPREHENSIVE FINANCIAL REPORT Year Ended June 30, 2021 Prepared by: City of Waterloo Finance Department Michelle C. Weidner, CPA, Chief Financial Officer Emily Graham, Financial Analyst Brent Bohlen, Financial Analyst Kim Bahr, Financial Analyst Page 149 of 436 Contents Introductory Section Table of contents i—ii Transmittal letter iii—ix Officials x Organizational structure xi GFOA Certificate xii Financial Section Independent auditor's report 1-2 Management's discussion and analysis (unaudited) 3-14 Basic financial statements: Government -wide financial statements: Statement of net position 15-16 Statement of activities 17-18 Fund financial statements: Balance sheet —governmental funds 19-22 Reconciliation of governmental funds balance sheet to the statement of net position 23 Statement of revenues, expenditures and changes in fund balances — governmental funds 24-25 Reconciliation of the statement of revenues, expenditures and changes in fund balances of governmental funds to the statement of activities 26 Statement of net position —enterprise funds 27 Statement of revenues, expenses and changes in net position — enterprise funds 28 Statement of cash flows —enterprise funds 29-30 Statement of fiduciary net position —custodial fund 31 Statement of changes in fiduciary net position —custodial fund 32 Notes to basic financial statements 33-82 Required supplementary information (unaudited): Schedule of changes in the City's total OPEB liability and related ratios 83 Iowa Public Employees' Retirement System: Schedule of the City's proportionate share of the net pension liability 84-85 Schedule of City contributions 86 Notes to required supplementary information—IPERS pension liability 87 Municipal Fire and Police Retirement System of Iowa: Schedule of the City's proportionate share of the net pension liability 88-89 Schedule of City contributions 90 Notes to required supplementary information—MFPRSI pension liability 91 Budgetary comparison schedule —budget and actual (modified cash basis) —all governmental funds and proprietary funds 92-93 Note to required supplementary information —budgetary reporting 94 Schedule of comparison —funds statements (GAAP basis) to budgetary (modified cash) basis 95-96 Schedule of employer contributions for Waterloo Water Works pension plan 97-98 Schedule of changes in net pension liability and related ratios for Waterloo Water Works pension plan 99-100 Notes to required supplementary information for Waterloo Water Works pension plan 101 IPERS schedule of the Waterloo Water Works' proportionate share of the net pension liability 102-103 IPERS schedule of Waterloo Water Works contributions 104-105 i Page 150 of 436 Contents Financial Section (continued) Supplementary information: Schedule of expenditures by function and department —General Fund Nonmajor governmental funds: Combining balance sheet Combining schedule of revenues, expenditures and changes in fund balances Nonmajor special revenue funds: Fund descriptions Combining balance sheet Combining statement of revenues, expenditures and changes in fund balances (deficit) Capital projects funds: Fund descriptions Combining balance sheet Combining statement of revenues, expenditures and changes in fund balances (deficit) 106-116 117 118 119 120-121 122-123 124 125-126 127-128 Statistical Section (Unaudited) Statistical section contents 129 Net position by component 130 Changes in net position 131-132 Fund balances —governmental funds 133 Changes in fund balances —governmental funds 134 Assessed and taxable value of property 135 Property tax rates 136 Principal taxpayers 137 Property tax levies and collections 138 Ratios of outstanding debt by type 139 Ratios of general bonded debt outstanding 140 Direct and overlapping governmental activities debt 141 Legal debt margin information 142 Sewer revenue bond coverage 143 Demographic and economic statistics 144 Principal area employers 145 Full-time equivalent city government employees by function/program 146 Operating indicators by function/program 147-148 Capital asset statistics by function/program 149 ii Page 151 of 436 Mayor QUENTIN HART COUNCIL MEMBERS JOHN CHILES Ward 1 JONATHAN GRIEDER Ward 2 NIA WILDER Ward 3 JEROME AMOS, JR. Ward 4 RAY FEUSS Ward 5 ROB NICHOLS At -Large DAVE BOESEN At -Large CITY OF WATERLOO, IOWA OFFICE OF THE MAYOR FINANCE DEPARTMENT QUENTIN HART • Mayor MICHELLE WEIDNER, CPA • Chief Financial Officer March 17, 2022 Members of the City Council and Citizens of the City of Waterloo, Iowa We are pleased to present the Annual Comprehensive Financial Report of the City of Waterloo, Iowa (City) for the year ended June 30, 2021 in accordance with the provisions of Chapter 11 of the Code of Iowa. This report is published to provide the City Council and citizens detailed information concerning the financial condition of the City. It has also been audited by an independent certified public accounting firm in accordance with generally accepted auditing standards and the federal single audit act requirements, including the provisions of Title 2 of the U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). RSM US LLP issued an unmodified ("clean") opinion on the financial statements for the year ended June 30, 2021. Management assumes full responsibility for the completeness and reliability of the information contained in this report, based upon a comprehensive framework of internal control that it has established for this purpose. Because the cost of internal control should not exceed anticipated benefits, the objective is to provide reasonable, rather than absolute, assurance that the financial statements are free of any material misstatements. Management's Discussion and Analysis (MD&A) immediately follows the independent auditor's report and provides a narrative introduction, overview, and analysis of the basic financial statements. This letter of transmittal is designed to complement MD&A and should be read in conjunction with it. THE CITY'S BACKGROUND AND SERVICES Waterloo is the 8th largest and historically one of the most diverse cities in the state of Iowa with a population of 67,314, according to the 2020 U.S. Census. The City was incorporated in 1868 and is the county seat of Black Hawk County. Waterloo and the neighboring City of Cedar Falls are the primary urban centers in the area, serving as a retail and healthcare hub for the region. The City is empowered to levy a property tax on real property located within its boundaries. The City operates under a Mayor — Council form of government, with the mayor as the elected chief executive. The City Council is comprised of seven members, five of whom are elected from separate wards and two who are elected at -large. The Mayor is elected to two-year terms, and the City Council members are elected to four-year staggered terms. WE'RE WORKING FOR YOU! An Equal Opportunity/Affirmative Action Employer Page 152 of 436 The City of Waterloo provides a full range of municipal services to its citizens and is organized into a number of operating departments, the activities of which are directed by the Mayor. The public services provided by the employees of the City include police and fire protection, building inspections and animal control, a regional airport, construction and maintenance of highways, streets and other infrastructure, and recreational and cultural and arts services. The City also provides solid waste collection and wastewater treatment services. Other human services are provided through the community development, housing and human rights departments. The central garage provides vehicle maintenance services, and the human resources, management information systems, city attorney, city clerk and finance departments perform various administrative functions. Funds, agencies, boards, commissions, trusts and authorities involved in the provision of municipal services must be included in the City's financial reporting as component units if the City is financially accountable. Although the Waterloo Water Works and the Waterloo Convention & Visitors Bureau, Inc. are operated as independent entities, they meet the requirements to be considered component units of the City and these entities are included in this report. The Waterloo Community School District and the Metropolitan Transit Authority do not meet the established criteria for component entities of the City and are not included in this report. ECONOMIC OUTLOOK The economy of Waterloo and the Cedar Valley area is seeing continued commercial and industrial activity even amid the COVID-19 pandemic. The largest employer in the City is Deere & Company through its Waterloo Works Drivetrain Operations, Engine Works, Foundry, Product Engineering and Assembly facilities. Other major employers include Tyson Foods, University of Northern Iowa, Mercy One, Unity Point Health, Hy-Vee and The VGM Group. The area's regional economic development corporation, GROW Cedar Valley, works with the city to help create development in Waterloo as well as the entire metropolitan area. Total building permit valuation for Waterloo was over $100 million for the eighth straight year, reaching $141.1 million for the fiscal year ended June 30, 2021. This marked the fourth best construction year in history, and the City has averaged $148.0 million during the past 3 years in permit activity. New housing starts were at 65 new units. Waterloo is a regional retail center for Black Hawk and surrounding counties. Retail sales were $1,249.2 million in fiscal 2021, an increase of $256.0 million from the prior year. Waterloo's population declined in the official 2020 census, although the City believes it has remained relatively stable during the past decade. The overall city tax base has reflected an average annual growth of approximately 1.4% during the last five years. The City has developed a more diverse employment base in recent years, although Deere & Company continues to play a major role in the local economy. Deere (a Fortune 100 company) remains the city's largest employer and also its largest taxpayer. The company has invested over $1.0 billion in its Waterloo facilities since 2010, including the Westfield advanced manufacturing facility and the Waterloo Foundry, the largest electric foundry in the state. The City's unemployment level as of September 30, 2021 was 3.8% compared to the state level of 2.9% and the federal level of 4.8%. iv Page 153 of 436 Downtown/Cedar Valley Riverfront Renaissance The Riverfront Renaissance project utilized state "Vision Iowa" funds, as well as private funds, local funds, and partnerships with other businesses to create three new major developments to revitalize the downtown area along the Cedar River: o The RiverWalk Loop — a walking and recreational trail system along the banks of Cedar River from 1st Street to 18th Street in Downtown Waterloo. o The Cedar River Dam improvements — an inflatable bladder dam system that improved recreational water depth upstream of the dam at 4th Street. o The Riverfront Amphitheater — this space has become a popular destination for many activities, and is bringing more residents and visitors to downtown Waterloo and the riverfront. Downtown/Cedar Valley SportsPlex The Cedar Valley SportsPlex is a 125,000 square -foot recreational facility with indoor soccer fields, gyms, a leisure pool and slide, fitness facility, running track and multi -purpose activity spaces. The facility opened in 2014 and now has approximately 5,000 members. Downtown/Cedar Valley TechWorks Campus At the other end of the Riverwalk Loop, the $52 million Cedar Valley TechWorks Campus Project has transformed two former Deere and Co. 6-story industrial buildings into a Marriott Hotel, Deere Training center (Tech Two building) and a multi -tenant green technology and advanced manufacturing innovation center (Tech One building). This was the first project approved under the Iowa Reinvestment District (IRD) program. Lincoln Savings Bank has recently renovated a 50-year old former Deere factory at a total project investment of $18.3 million. LSB currently occupies two of the top three floors of the Tech One building to house their financial technology operation, which is projected to add over 300 new employees into the Downtown Waterloo area. The IRD development will also include the creation of a Marina along the Cedar River. This will be part of a water trail designation in Black Hawk County in partnership with the City of Cedar Falls. In excess of $500,000 in federal enhancement funds have been programmed for this project. Construction of a trail along the river and docks for kayaks and other boats is expected to begin in the spring of 2022. The City is also platting additional lots for commercial development in the area. Downtown/Other Developments Other developments in the downtown area include the $15 million Grand Crossing development. Phases I and II are complete with 108 condominium units and first floor retail and commercial space. The $8 million urban campus developed by Hawkeye Community College is bringing additional educational and student services populations downtown. v Page 154 of 436 The $2.5 million renovation of the historic Friedl Bakery building is nearing completion. The Art Bloc, a seven -story 72 unit residential tower on the riverfront near the RiverLoop Amphitheater, is now leasing space to tenants. Makenda LLC has completed a $10 million interior and exterior renovation of the former Ramada Hotel in Downtown Waterloo, which has re -opened as a dual -branded Best Western Plus and Executive Residency Hotel. The City has hired Global Spectrum, L.P. to manage the Waterloo Convention Center, located directly across the street from this hotel. The Convention Center is currently undergoing a $10 million renovation, including interior renovations on both floors with new equipment, signage, and an addition at the main entrance. Lincoln Park, a popular downtown destination, was recently improved with a $1 million facelift including improved infrastructure, new seating, lighting and walkways. North Crossing North Crossing, the former Logan Plaza Shopping Center in the northern part of the City, was acquired by a developer and completely demolished, with plans to replace it with several new medical and retail buildings. All five phases of the project are now complete with over $10 million in new taxable value. The project includes multiple medical buildings, a new Burger King restaurant, Kwik Star convenience store and strip mall renovations. Over 40 acres of land are available for additional development in this area. The public -private partnership for the redevelopment has been created from: ➢ The $30 million Highway 63 redevelopment project which created green space, aesthetics, recreational trails, and economic opportunity along the corridor, as well as improving traffic movements with turning lanes ➢ The continued investment by Unity Point Health (formerly Allen Hospital) with over $40 million in improvements and expansions to the hospital campus, and over $8 million in the Nursing College campus. ➢ The new Carver Academy middle school built on the former Logan School site, offering a more aesthetically pleasing campus setup for students with a greenhouse, and partnerships with other entities. An additional $10 million investment is planned for the northeast portion of the medical -retail campus, including a new senior center in partnership with Unity Point, multi -family residential housing units, and a day care center. Midport ➢ The City completed the construction of the majority of the infrastructure needed to open over 400 acres for commercial and industrial development in the Waterloo Air & Rail Park (WARP) located near the Waterloo Regional Airport. The City received a State of Iowa RISE award for construction of WARP Drive, which serves 38 acres of land and is now complete. The City has received a second RISE award for the construction of Hyper Drive to serve an additional 32 acres, including the entrance to serve the new $8 million CPM manufacturing plant. ➢ A number of developers have plans for smaller infill construction projects in the Airport area, comprising 121ots with a projected $6 million investment. ➢ There has been over $3.0 million in private investment in new hangars at the Waterloo Regional Airport. vi Page 155 of 436 Other New Development Projects Construction continues on the Lost Worlds Theme Park, a $100 million investment by the Bertch family to create a new theme park near Lost Island Waterpark on the city's southeast side. Groundbreaking began in 2019 and the theme park is scheduled to open in the summer of 2022. The City has received a State of Iowa RISE award for the construction of Shaulis Road directly in front of the Theme Park. Reconstruction of Shaulis Road is currently in progress. The former Greyhound Park has been demolished, creating new development land near the major intersection of U.S. Highways 20 and 63. A Love's Travel Center and a new Casey's convenience store are now open. Warren Transport has announced an $8.6 million project for a new headquarters and vehicle maintenance facility. Cedar Valley Crossing has built roadways and platted lots for a new 10-lot industrial park, with 3 projects planned for 2022. Additional developments are planned for the area around the intersection of Highway 63 and West Ridgeway Avenue. Crystal Distribution is currently constructing a new $16.5 million cold storage facility in the former Rath Packing plant area. This brownfield redevelopment will create an additional 23 acres in lots for continued infill projects. Con-trol has completed their new $12 million cross -docking facility in the Northeast Industrial Park. The City has received a State of Iowa RISE award for the reconstruction of a portion of Newell Street to facilitate the Con-trol project. The Boys & Girls Club has finished construction of a $5.0 million Teen Center in the Walnut Historic Neighborhood near downtown. Within this neighborhood, All -In Grocers has started construction on a $2.0 million grocery store and there has been $2.8 million of residential construction and rehabilitation work completed. The San Marnan corridor continues to see new development, including the $1.5 million Cedar Valley Hospice office, a $1.6 million addition by Locke Funeral Home, and a new $1.1 million facility for Club Car Wash. The City is also working on several projects in the University corridor, including the $9.6 million Greenhill apartment project, the $3.4 million Maple Lanes renovation, $2.9 million in renovations completed by Digestive Healthcare, and a new $2.8 million facility for Tommy Car Wash. Street Improvements The one -cent local option tax was approved in 2013 for another ten years, to be used for street repairs and improvements. Other major construction initiatives that are primarily funded with grants include the reconstruction of Highway 63 through the northern part of the city, which was completed in 2020, with pedestrian enhancements expected to be complete in 2022.The reconstruction of University Avenue from Midway Dr. to U.S. Highway 63 is substantially complete, and opened to the public in October 2021. vii Page 156 of 436 The City has been awarded $12.5 million in federal competitive bridge funds and a $1.7 million State of Iowa RISE grant to assist with the reconstruction of the Park Avenue and 1 lth St. bridges in the downtown area. Construction of the bridge project is slated to begin in the spring of 2022. Design is underway for the La Porte Road corridor to improve streets and bike trails near the new Lost Worlds Theme Park and the Crossroads Shopping Center area. The La Porte Road segments include over $5 million in federal roadway funding, and the City was awarded a $.34 million RISE grant for improvements to the adjoining Shaulis Road area for additional improvements to turning lanes, flood control, and intersection improvements to accommodate anticipated theme park traffic. Recreational Facilities The City is also continuing to develop its extensive system of bike trails, which are being connected to countywide and regional trail networks, creating a system of more than 117 miles of trails. The Riverwalk Loop trail in downtown Waterloo has been completed and a new trail has been constructed along the newly constructed Shaulis Road connection from Highway 63 to the Isle of Capri Boulevard. This trail system connects directly into the American Discovery Trail. Major trail facilities have been added as part of the University Avenue reconstruction project, including a new 10 ft. wide concrete recreational trail from the West Waterloo city limits to U.S. Highway 63. A new trailhead, parking lot, and trail underpass has been constructed at the University Avenue and Highway 63 intersection. A recreational area for all -terrain vehicle trails has also been developed in the Riverview neighborhood. The City has received a grant for the construction of the Shaulis Road Recreational Trail in the southeast part of the City, which will be completed in 2022. Phase 1 of the Greenbelt Lake Improvements Project has been completed with a REAP grant for a $200,000 investment in a new accessible fishing pier with several shoreline fishing points and a large pollinator planting. Master Plans are currently underway for Waterloo's aquatic facilities and for Gates Park. AWARDS The Government Finance Officers Association of the United States and Canada (GFOA) awarded a Certificate of Achievement for Excellence in Financial Reporting to the City of Waterloo, Iowa for its Annual Comprehensive Financial Report (ACFR) for fiscal year 2020. This is the seventeenth year that the City received this award, which is a prestigious national award, recognizing conformance with the highest standards for the preparation of state and local government financial reports. In order to be awarded a Certificate of Achievement, a government unit must publish an easily readable and efficiently organized ACFR, whose contents conform to program standards. The ACFR must satisfy both accounting principles generally accepted in the United States of America and applicable legal requirements. viii Page 157 of 436 A Certificate of Achievement is valid for a period of one year only. Management believes that the current report continues to meet the Certificate of Achievement program requirements and we are submitting it to GFOA to determine its eligibility for another certificate. FINANCIAL MANAGEMENT INFORMATION Budgetary Controls - The City's management staff is responsible and is actively involved in the financial planning and management of the City's daily operations and long-range strategic planning. The objective of budgetary controls is to ensure compliance with the annual budget approved by the City Council, as well as budget control procedures mandated by the State of Iowa. Management control policies adopted by the City Council require that departmental and activity budgets comply with departmental appropriations. Amendments exceeding de minimus guidelines require the specific approval of the City Council Finance Committee. These policies also require certain non -routine expenditures exceeding $2,500 to be pre -authorized by the City Council Finance Committee. Long-term financial and capital improvement planning are crucial strategic functions of the City. The City's management staff, coordinated by the Planning Department, prepares and presents the five-year Capital Improvement Program (CIP) to the Mayor and City Council for their review and approval annually. The CIP outlines the City's planned schedule of capital project construction over the next five-year cycle. The CIP provides an analysis of the financial funding impact and capital debt impact of the planned construction project program. The City met the minimum fund balance requirement for the General Fund and adhered to all other financial policies approved by the City Council. ACKNOWLEDGMENTS This report could not have been completed without the dedicated service of the entire Finance department and other City staff in addition to the RSM US LLP audit team. We want to thank all of the City departments for their assistance in providing data necessary for this report. Special thanks go to Emily Graham, Brent Bohlen and Kimberly Bahr in the Finance Department and also the City Clerk staff. Each of you has our appreciation and respect for your contributions to this report. We also want to thank the members of the City Council for their support of our efforts to conduct the financial operations of the City in a responsible and progressive manner. Sincerely, Quentin M. Hart Mayor Michelle C. Weidner, CPA Chief Financial Officer ix Page 158 of 436 City of Waterloo, Iowa Officials As of June 30, 2021 Name Title Term Expires Quentin Hart Margaret Klein Jonathan Grieder Patrick Morrissey Jerome Amos Ray Feuss Sharon Juon Dave Boesen Michelle Weidner, CPA Kelley Felchle, CMC Jamie Knutson, PE Martin Petersen Joel Fitzgerald, Sr., Phd. Pat Treloar Elected Mayor Council Member - 1st Ward Council Member - 2nd Ward Council Member - 3rd Ward Council Member - 4th Ward Council Member - 5th Ward Council Member - At -Large Council Member - At -Large Appointed Chief Financial Officer City Clerk City Engineer City Attorney Chief of Waterloo Police Department Chief of Fire Services January 2022 January 2022 January 2024 January 2022 January 2024 January 2022 January 2022 January 2024 Indefinite Indefinite Indefinite Indefinite Indefinite Indefinite Page 159 of 436 CITIZENS OF WATERLOO j Quentin Hart /} ' §�§ 4§)/§ \\� xi Page 160 of 436 G�9 Government Finance Officers Association Certificate of Achievement for Excellence in Financial Reporting Presented to City of Waterloo Iowa For its Annual Comprehensive Financial Report For the Fiscal Year Ended June 30, 2020 P- Executive Director/CEO xii Page 161 of 436 Independent Auditor's Report Honorable Mayor and Members of the City Council City of Waterloo, Iowa RSM RSM US LLP Report on the Financial Statements We have audited the accompanying financial statements of the governmental activities, the business -type activities, the aggregate discretely presented component units, each major fund, and the aggregate remaining fund information of the City of Waterloo, Iowa (the City) as of and for the year ended June 30, 2021, and the related notes to the financial statements, which collectively comprise the City's basic financial statements as listed in the table of contents. Management's Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error. Auditor's Responsibility Our responsibility is to express opinions on these financial statements based on our audit. We did not audit the financial statements of the discretely presented component units, Waterloo Water Works and Waterloo Convention & Visitors Bureau, Inc., which collectively represent 100% of the assets, net position and revenues of the aggregate discretely presented component units. Those statements were audited by other auditors whose reports have been furnished to us, and our opinion, insofar as it relates to the amounts included for the discretely presented component units, is based solely upon the reports of the other auditors. We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. The financial statements of Waterloo Convention & Visitors Bureau, Inc. were not audited in accordance with Government Auditing Standards. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall financial statement presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions. Opinions In our opinion, based on our audit and the reports of other auditors, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities, the business -type activities, the aggregate discretely presented component units, each major fund, and the aggregate remaining fund information of the City of Waterloo, Iowa as of June 30, 2021, and the respective changes in financial position and, where applicable, cash flows thereof for the year then ended in accordance with accounting principles generally accepted in the United States of America. THE POWER OF BEING UNDERSTOOD AUDIT I TAX I CONSULTING 1 RSM US LLP is the U.S. member firm of RSM International, a global network of independent audit, tax, and consulting firms. Visitrsmus.com/aboutusformoreinformationregardinPageLf1,62 of 436 RSM International. Other Matters Required Supplementary Information Accounting principles generally accepted in the United States of America require that the Management's Discussion and Analysis, the schedule of changes in the City's total OPEB liability and related ratios, the schedule of the City's proportionate share of the net pension liability and schedule of contributions for the Iowa Public Employees' Retirement System, the schedule of the City's proportionate share of the net pension liability and schedule of City contributions for the Municipal Fire and Police Retirement System of Iowa, budgetary comparison schedule, and the Schedule of Contributions for Waterloo Water Works Pension Plan and Schedule of changes in net pension liability and related ratios for the Waterloo Water Works Pension Plan, as listed in the table of contents, be presented to supplement the basic financial statements. Such information, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic or historical context. We and other auditors have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America, which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management's responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance. Other Information Our audit was conducted for the purpose of forming opinions on the financial statements that collectively comprise the City's basic financial statements. The accompanying combining individual and nonmajor fund financial statements and other schedules and statements, listed in the table of contents as supplementary information, are presented for purposes of additional analysis and are not a required part of the basic financial statements. Such information is the responsibility of management and was derived from and relates directly to the underlying accounting and other records used to prepare the basic financial statements. Such information has been subjected to the auditing procedures applied in the audit of the basic financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the basic financial statements or to the basic financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America by us. In our opinion, based on our audit and the procedures performed as described above, the information is fairly stated, in all material respects, in relation to the basic financial statements as a whole. The accompanying introductory and statistical sections are presented for purposes of additional analysis and are not a required part of the basic financial statements. Such information has not been subjected to the auditing procedures applied in the audits of the basic financial statements, and accordingly, we do not express an opinion or provide any assurance on it. Other Reporting Required by Government Auditing Standards In accordance with Government Auditing Standards, we have also issued our report dated March 16, 2022 on our consideration of the City's internal control over financial reporting and our tests of its compliance with certain provisions of laws, regulations, contracts and grant agreements and other matters. The purpose of that report is solely to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the City's internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the City's internal control over financial reporting and compliance. Sit/ U.S .LLP Davenport, Iowa March 16, 2022 2 Page 163 of 436 City of Waterloo, Iowa Management's Discussion and Analysis For Fiscal Year Ended June 30, 2021 As management of the City of Waterloo, we offer readers of the City of Waterloo's financial statements this narrative overview and analysis of the financial activities of the City of Waterloo for the fiscal year ended June 30, 2021. We encourage readers to consider the information presented here in conjunction with additional information that we have furnished in our letter of transmittal, which can be found at pages iii—ix of this report. Financial Highlights • The assets and deferred outflows of resources of the City of Waterloo exceeded its liabilities and deferred inflows of resources at the close of the most recent fiscal year by $458,003,292 (net position). Of this amount, the City's unrestricted net position ($31,533,724) is negative, due to recording the City's share of postemployment benefit liabilities and pension liabilities. • The City's total net position increased by $18,908,854 compared to the 2020 ending net position of $439,094,438. • As of the close of this current fiscal year, the City of Waterloo's governmental funds reported combined ending fund balances of $83,476,483, a decrease of $6,157,900 in comparison with the prior year. Approximately 6,9% of this total amount, $5,780,395, is available for spending at the City's discretion (unassigned fund balance), although some funds are legally limited for specified purposes. • At the end of the current fiscal year, unassigned fund balance for the General Fund was $12,736,746, or 20.8% of total General Fund expenditures. • The City of Waterloo's total long-term liabilities increased by $27,045,417 or 14.4% during the current fiscal year, due to increased general obligation bonds and state revolving fund capital loans issued for construction projects and the issuance of a capital lease for police equipment. Overview of the Financial Statements This discussion and analysis is intended to serve as an introduction to the City of Waterloo's basic financial statements. The City of Waterloo's basic financial statements are comprised of three components: (1) government -wide financial statements, (2) fund financial statements and (3) notes to the financial statements. This report also contains other supplementary information in addition to the basic financial statements themselves. Government -wide financial statements. The government -wide financial statements are designed to provide readers with a broad overview of the City of Waterloo's finances in a manner similar to a private - sector business. The statement of net position presents information about all of the City of Waterloo's assets, deferred outflows of resources, liabilities and deferred inflows of resources, with the difference between them reported as net position. Over time, increases or decreases in net position may serve as a useful indicator of whether the financial position of the City of Waterloo is improving or deteriorating. The statement of activities presents information illustrating how the government's net position changed during the most recent fiscal year. All changes in net position are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of related cash flows. Thus, revenues and expenses are reported in this statement for some items that will only result in cash flows in future fiscal periods (e.g., uncollected taxes and earned but unused vacation leave). 3 Page 164 of 436 City of Waterloo, Iowa Management's Discussion and Analysis For Fiscal Year Ended June 30, 2021 Both of the government -wide financial statements distinguish functions of the City of Waterloo that are principally supported by taxes and intergovernmental revenues (governmental activities) from other functions that are intended to recover all or a significant portion of their costs through user fees and charges (business -type activities). The governmental activities of the City of Waterloo include public safety, public works, health and social services, culture and recreation, community and economic development and general government. In addition, the convention bureau provides marketing services for tourism operated as a separate discretely presented component unit of the City. The business -type activities of the City of Waterloo include the sanitary sewer system and the solid waste system. The water utility is operated as a separate discretely presented component unit of the City. For detailed information about the Waterloo Convention & Visitors Bureau, Inc. or the Waterloo Water Works, please see their separate audited financial statements. The government -wide financial statements include only the City of Waterloo itself (known as the primary government) and its discretely presented component units, the Waterloo Water Works and Waterloo Convention and Visitors Bureau, Inc. The Waterloo Community School District and the Metropolitan Transit Authority provide services to the citizens of Waterloo but do not meet established criteria as component units of the City and thus are not included in this report. Fund financial statements. A fund is a grouping of related accounts that is used to maintain control over resources that have been segregated for specific activities or objectives. The City of Waterloo, like other state and local governments, uses fund accounting to ensure and demonstrate compliance with finance - related legal requirements. All of the funds of the City of Waterloo can be divided into three categories: governmental funds, proprietary funds and fiduciary funds. Governmental funds. Governmental funds are used to account for essentially the same functions reported as governmental activities in the government -wide financial statements. However, unlike the government -wide financial statements, governmental fund financial statements focus on near -term inflows and outflows of spendable resources, as well as on balances of spendable resources available at the end of the fiscal year. Such information may be useful in evaluating a government's near -term financial requirements. Because the focus of governmental funds is narrower than that of the government -wide financial statements, it is useful to compare the information presented for governmental funds with similar information presented for governmental activities in the government -wide financial statements. By doing so, readers may better understand the long-term impact of the government's near -term financing decisions. Both the governmental fund balance sheet and the governmental fund statement of revenues, expenditures and changes in fund balances provide a reconciliation to facilitate this comparison between governmental funds and governmental activities. The City of Waterloo maintains 18 individual governmental funds. Information is presented separately in the governmental fund balance sheet and in the governmental fund statement of revenues, expenditures and changes in fund balances for the General Fund, Trust and Agency Fund, Tax Increment Financing Fund, and Road Use Tax Fund, all of which are considered to be major funds. Data from the other 14 governmental funds are combined into a single, aggregated presentation. Individual fund data for each of these nonmajor governmental funds is provided in the form of combining statements elsewhere in this report. Proprietary funds. The City of Waterloo maintains two proprietary funds, which are used to report the same functions presented as business -type activities in the government -wide financial statements. Proprietary funds provide the same type of information as the government -wide financial statements, only in more detail. The proprietary fund financial statements provide separate information for the sanitary sewer fund and the sanitation fund. The sanitary sewer fund is considered to be a major fund of the City of Waterloo. 4 Page 165 of 436 City of Waterloo, Iowa Management's Discussion and Analysis For Fiscal Year Ended June 30, 2021 Fiduciary funds. Fiduciary funds are used to account for resources held for the benefit of parties outside the government. Fiduciary funds are not reflected in the government -wide financial statements because the resources of those funds are not available to support the City of Waterloo's own programs. The accounting used for fiduciary funds is much like that used for proprietary funds. The City has one type of fiduciary fund, a custodial fund. Notes to the financial statements. The notes provide additional information that is essential to a full understanding of the data provided in the government -wide and fund financial statements. Other information. The City's budgetary comparison schedule and the other postemployment benefit plan schedule of funding progress are presented as required supplementary information immediately following the notes to the financial statements. The combining statements referred to earlier in connection with nonmajor governmental funds are presented immediately following the required supplementary information. Government -wide Financial Analysis As noted earlier, net position may serve over time as a useful indicator of a government's financial position. In the case of the City of Waterloo, assets and deferred outflows of resources exceeded liabilities and deferred inflows of resources by $458,003,292 at the close of the fiscal year ended June 30, 2021 By far the largest portion of the City of Waterloo's net position (98%) reflects its investment in capital assets (e.g., land, buildings and improvements, infrastructure and vehicles and equipment), less any related debt used to acquire those assets that is still outstanding. The City of Waterloo uses these capital assets to provide services to citizens; consequently, these assets are not available for future spending. Although the City of Waterloo's investment in its capital assets is reported net of related debt, it should be noted that the resources needed to repay this debt must be provided from other sources, since the capital assets themselves cannot be used to liquidate these liabilities. Statement of Net Position A condensed version of the Statement of Net Position as of June 30, 2021 and 2020 follows: City of Waterloo's Net Position Governmental Activities Business -Type Activities Total 2021 2020 2021 2020 2021 2020 Assets Current and other assets $ 168,931,889 $ 155,294,742 $ 25,312,452 $ 22,615,485 $ 194,244,341 $ 177,910,227 Capital assets 428,326,093 396,727,431 121,928,678 103,850,948 550,254,771 500,578,379 Total assets 597,257,982 552,022,173 147,241,130 126,466,433 744,499,112 678,488,606 Deferred outflows of resources 18,333,071 14,460,706 1,068,660 1,057,253 19,401,731 15,517,959 Liabilities Current liabilities Long-term liabilities Total liabilities 41,465,540 169,564,952 211,030,492 23,067,451 153,341,347 176,408,798 7,620,284 33,309,943 40,930,227 4,954,394 20,625,573 25,579,967 49,085,824 202,874,895 251,960,719 28,021,845 173,966,920 201,988,765 Deferred inflows of resources 53,753,975 52,427,932 182,857 495,430 53,936,832 52,923,362 Net position Net investment in capital assets 357,396,168 338,162,674 92,076,756 87,857,186 449,472,924 426,019,860 Restricted 39,925,625 44,923,907 138,467 19,491 40,064,092 44,943,398 Unrestricted (46,515,207) (45,440,432) 14,981,483 13,571,612 (31,533,724) (31,868,820) Total net position $ 350,806,586 $ 337,646,149 $ 107,196,706 $ 101,448,289 $ 458,003,292 $ 439,094,438 5 Page 166 of 436 City of Waterloo, Iowa Management's Discussion and Analysis For Fiscal Year Ended June 30, 2021 $40,064,092 of the City of Waterloo's net position (8.7%) represents resources that are subject to external restrictions on how they may be used. The remaining balance of unrestricted net position ($31,533,724) is a negative position, due to the net pension liabilities for the city's share of liabilities in the IPERS and MFPRSI pension plans and the city's liability for other postemployment health care benefits. The separate governmental activities had positive balances in the net investment in capital assets and fund balances restricted for specific purposes. Business -type activities also reported positive balances in all categories. The same situation held true for the prior fiscal year. The City's total net position increased compared to the 2020 ending net position. Governmental -type activities' net position increased by $13,160,437, from the 2020 net position of $337,646,149. This increase was largely related to capital invested in City infrastructure projects. See page 26 for a reconciliation of this increase. The total business -type activities' net position increased by $5,748,417 from the 2020 net position of $101,448,289, due to capital invested in City infrastructure projects and debt retirement payments. Statement of Activities A condensed version of the Statement of Activities as of June 30, 2021 and 2020 follows: City of Waterloo's Changes in Net Position Governmental Activities Business -Type Activities Total 2021 2020 2021 2020 2021 2020 Revenues: Program revenues: Charges for services $ 15,151,064 $ 13,938,071 $ 22,632,728 $ 21,702,047 $ 37,783,792 $ 35,640,118 Operating grants and contributions 16,409,982 12,158,925 274,551 275,862 16,684,533 12,434,787 Capital grants and contributions 10,923,191 7,151,415 204,889 356,837 11,128,080 7,508,252 General revenues: Property taxes 52,877,346 49,332,480 - 52,877,346 49,332,480 Other taxes 20,577,471 19,039,780 20,577,471 19,039,780 Other 5,995,168 6,433,598 18,999 245,204 6,014,167 6,678,802 Total revenues 121,934,222 108,054,269 23,131,167 22,579,950 145,065,389 130,634,219 Expenses: Public safety 39,844,040 38,539,492 39,844,040 38,539,492 Public works 31,393,797 27,453,883 - 31,393,797 27,453,883 Health and social services 281,594 265,757 281,594 265,757 Culture and recreation 11,878,940 11,297,723 - 11,878,940 11,297,723 Community and economic development 12,518,489 11,778,352 - 12,518,489 11,778,352 General government 10,644,609 9,792,001 - 10,644,609 9,792,001 Interest on long-term debt 2,212,316 2,413,402 2,212,316 2,413,402 Sanitary sewer 12,110,438 12,287,197 12,110,438 12,287,197 Sanitation 5,272,312 4,963,445 5,272,312 4,963,445 Transfers Total expenses 108,773,785 101,540,610 17,382,750 17,250,642 126,156,535 118,791,252 Increase in net position before transfers 13,160,437 6,513,659 5,748,417 5,329,308 18,908,854 11,842,967 Change in net position 13,160,437 6,513,659 5,748,417 5,329,308 18,908,854 11,842,967 Net position, beginning 337,646,149 331,132,490 101,448,289 96,118,981 439,094,438 427,251,471 Net position, ending $ 350,806,586 $ 337,646,149 $ 107,196,706 $ 101,448,289 $ 458,003,292 $ 439,094,438 6 Page 167 of 436 City of Waterloo, Iowa Management's Discussion and Analysis For Fiscal Year Ended June 30, 2021 Total governmental activities' revenue for the current fiscal year was $121,934,222. The largest single revenue source for the City was property taxes of $52,877,346. Property taxes increased by $3,544,866 (7.2%) during the year. This increase is a result of a combination of factors, including an increase in the assessed value of property of 2.27%, a reduction of 0.08% in the taxable value of property and an increase of 5.08% in the levy rate. Certain revenues are generated that are specific to governmental program activities. These totaled $42,484,237 during the fiscal year ended June 30, 2021. The graph below illustrates the comparison between the expenses by governmental activity type and the revenues generated that are specific to those activities. Expenses and Program Revenues— Governmental Activities $40,000,000 $35,000,000 $30,000,000 $25,000,000 $20,000,000 $15, 000,000 $10,000,000 $5,000,000 $- Public safety Public works Health and Culture and Community General Interest and social recreation and government issuance services economic costs on development long-term debt ■Expenses ■Revenues The graph below shows the percentage of the total governmental revenues allocated by each revenue type. Revenues by Source - Governmental Activities Other 5% Other Taxes1111 17% 44 Property Taxes 43% Charges for services 12% Operating Grants and Contributions 14% Capital Grants and Contributions 9% 7 Page 168 of 436 City of Waterloo, Iowa Management's Discussion and Analysis For Fiscal Year Ended June 30, 2021 Total business -type activities' revenue for the fiscal year was $23,131,167. $23,112,168 of this revenue was generated for specific business -type activity expenses. The graph below shows a comparison between the business -type activity expenses and program revenues. Expenses and Program Revenues - Business -Type Activities $18, 000,000 $16,000,000 $14,000,000 $12,000,000 $10,000,000 $8,000,000 $6,000,000 $4,000,000 $2,000,000 $- r Sanitary Sewer Sanitation ■ Expenses • Revenues The graph below shows the breakdown of revenues by source for the business -type activities. Revenues by Source - Business -Type Activities Capital Grants and Operating Grants Contributions and Contributions 1% 1% Charges for services 98% Business -type activities. Business -type activities increased the City of Waterloo's net position by $5,748,417 from the 2020 net position of $101,448,289, accounting for 30.4% of the increase in the City's net position. 8 Page 169 of 436 City of Waterloo, Iowa Management's Discussion and Analysis For Fiscal Year Ended June 30, 2021 Financial Analysis of the Government's Funds As noted earlier, the City of Waterloo uses fund accounting to ensure and demonstrate compliance with finance -related legal requirements. Governmental funds. The focus of the City of Waterloo's governmental funds is to provide information on near -term inflows, outflows and balances of spendable resources. Such information is useful in assessing the City of Waterloo's financing requirements. In particular, unassigned fund balance may serve as a useful measure of a government's net resources available for spending at the end of the fiscal year. As of the end of the current fiscal year, the City of Waterloo's governmental funds reported combined ending fund balances of $83,476,483, a decrease of $6,157,900 in comparison with the prior year. Fund balance in the amount of $77,696,088 is not available for new spending because it represents amounts previously paid for items that were not exhausted at year-end (nonspendable) or has already been restricted, committed or assigned to be used for a variety of purposes. Approximately 6.9% of total fund balance or $5,780,395, constitutes unassigned fund balance. The General Fund is the chief operating fund of the City of Waterloo. At the end of the current fiscal year, unassigned fund balance of the General Fund was $12,736,746, while total fund balance was $26,534,227. As a measure of the General Fund's liquidity, it may be useful to compare both unassigned fund balance and total fund balance to total fund expenditures. Unassigned fund balance represents 20.8% of total General Fund expenditures, while total fund balance represents 43.3% of that same amount. Net general fund operations resulted in an increase in total general fund balance of $3,010,287, and an increase in unassigned fund balance of $1,548,699 for the year. Federal funds received for COVID-19 response through the State of Iowa were used for public safety salaries of approximately $1,600,000. A significant source of increased revenue was again due to a program implemented by the state that the City participated in that resulted in increased ambulance fee revenue during the year. This resulted in a substantial increase in revenue, net of related expense, for the year in the amount of $1,300,000. Other than the ambulance program, several consequences of the pandemic affected city revenue. Building inspection fees were $255,000 less than budgeted, reflecting supply chain delays. The COVID-19 pandemic resulted is reduced attendance and participation in many cultural and recreational programs. The city reduced part-time staffing and delayed filling selected full-time positions as programming was curtailed in many areas and worked to match spending to anticipated revenues. Positions that were vacant for portions of the year also contributed to general fund performance being better than expected. One bright spot in the pandemic was that golf rounds increased. Golf revenue was $222,000 more than budgeted. However, Young Arena, which serves as the home to the Black Hawks ice hockey team, had reduced revenue, partly due to pandemic -required attendance restrictions. Revenue was less than budget by $358,000 or 50%. The city's airport revenue was negatively affected by the pandemic. However, FAA COVID-19 assistance was substituted to support airport operations. 9 Page 170 of 436 City of Waterloo, Iowa Management's Discussion and Analysis For Fiscal Year Ended June 30, 2021 The City took over operations of the Convention Center in January 2020. The City elected to begin major renovations while events were being delayed or cancelled due to the pandemic to hopefully allow better future performance. As a result, Convention Center operations incurred a loss of $505,000. Due to the city's payroll schedule, there will be an additional 27th pay period during the fiscal year ending June 30, 2023. The city set aside a portion of the increase in general fund revenue over expenses to cover this payroll so that property taxes will not need to be increased for that expense. These items all contributed to the increase in unassigned fund balance of $1,548,699 and the overall increase of $3,010,287. Trust and Agency Fund — The net increase in fund balance of $279,188 during the current year is due primarily to property taxes collected for prior years. TIF Fund - The total fund balance of $5,127,534 is restricted for the payment of debt service related to tax increment financing district projects. The net increase in fund balance during the current year was $2,598,888 and is the result of timing differences between revenue collections and the payment of TIF obligations. Road Use Tax Fund — The net decrease in fund balance in the road use tax fund of $6,788,960 is due primarily to the use of transfer of jurisdiction funds received in prior years from the State of Iowa for University Avenue that were spent on construction during the current year. Proprietary funds. The City of Waterloo's proprietary funds provide the same type of information found in the government -wide financial statements, but in more detail. Total net position of the sanitary sewer fund at the end of the year was $102,118,285, an increase of $4,905,460 from the 2020 net position of $97,212,825. This increase was due primarily to investments in the construction of mandated sewer infrastructure projects. Other factors concerning the finances of the sanitary sewer fund have already been addressed in the discussion of the City of Waterloo's business -type activities. Budgetary Highlights In accordance with the Code of Iowa, the City Council annually adopts a budget on the modified cash basis following required public notice and hearing for all funds. The annual budget may be amended during the year utilizing similar statutorily prescribed procedures. Formal and legal budgetary control is based upon ten major classes of disbursements known as functions, not by fund or fund type. These ten functions are: public safety, public works, health and social services, culture and recreation, community and economic development, general government, debt service, capital projects, business -type and non -program. Function disbursements required to be budgeted include disbursements for the general fund, special revenue funds, debt service fund, capital projects funds and permanent funds. Although the budget document presents function disbursements by fund, the legal level of control is at the aggregated function level, not at the fund or fund type level. These budget amendments are reflected in the final budgeted amounts. Differences between the original budget and the final amended budget for the City of Waterloo are summarized below. 10 Page 171 of 436 City of Waterloo, Iowa Management's Discussion and Analysis For Fiscal Year Ended June 30, 2021 The total original expenditure budget of $219,146,662, including transfers out, was increased to $259,208,590 (an increase of $40,061,928). • In the Public Safety program category, expenses and related revenue for various law enforcement grants and non -property tax funded projects were increased ($1.7 million). • In the Public Works category, the use of Road Use Tax fund balance was added to fund the anticipated increase in expenses for the University Avenue reconstruction, the use of Local Option Tax fund balance was added to fund the anticipated increase in expenses for street reconstruction, ($9.5 million). • The Culture & Recreation program category was increased to reflect a number of additional grants and donations received by the Cultural and Arts department, the Library and Leisure Services. Revenue and expenses were increased for the Sportsplex to more closely match operations and the use of unassigned fund balance was increased for Young Arena operations ($.2 million). • Additional federal revenue and expense expected to be completed using Block Grant and Housing funds were added to the Community and Economic Development category ($4.5 million). • Amendments reflecting the use of restricted health insurance reserves and insurance refunds to fund additional claims were made in the General Government category ($.6 million). • Expenses were added relating to refunding several bond issues to achieve reduced interest expense ($9.6 million). • In the Capital Projects program, additional expenses relating to grant revenue awarded during the year that was not originally budgeted were added. Several construction project budgets were adjusted to more accurately reflect the work expected to be completed by June 30, 2021 ($6 million). • In the Business Type/Enterprises activity, which accounts for the activities of the sewer and garbage funds, line item adjustments were made to more accurately reflect the amount that will be spent for capital improvement projects and operations by June 30, 2021 ($1.9 million). • Transfers Out were increased to reflect the portion of the refunded bond issues paid by the Sewer Fund ($6 million). The total original revenue budget, including other financing sources of $202,270,919 was increased to $230,153,230 (an increase of $27,882,311). • State and federal grant revenue was increased to reflect additional grants awarded after the original budget certification for a variety of programs, including community development block grants, public safety projects, airport and traffic improvements, and storm water lift stations ($8.1 million). • Other city tax revenue was increased to reflect an increase in local option sales tax revenue estimate ($2.1 million). • Amendments were made to various charges for services to reflect higher revenues than originally anticipated with the certified budget ($1.2 million). • Miscellaneous revenue was increased to reflect additional donations received for various City projects, insurance and other refunds received that exceeded original budget projections ($.4 million). • Other financing sources were increased to reflect the issuance of refunding bond issues ($9.9 million). • Transfers In were increased to reflect the portion of the refunded bond issues paid by the Sewer Fund ($6 million). See pages 91 through 97 for the Budgetary Comparison Schedule - Budget and Actual (Modified Cash Basis) — All Governmental Funds and Proprietary Funds. 11 Page 172 of 436 City of Waterloo, Iowa Management's Discussion and Analysis For Fiscal Year Ended June 30, 2021 Capital Asset and Debt Administration Capital Assets. The City of Waterloo's investment in capital assets for its governmental and business - type activities as of June 30, 2021, amounts to $550,254,771 (net of accumulated depreciation) as reflected in the following table. The total increase in the City of Waterloo's investment in capital assets for the current fiscal year was 9.9% (a 7.4% increase for governmental activities and a 14.9% increase for business -type activities). This investment in capital assets includes land, buildings and improvements, park facilities, vehicles and equipment, and roads, highways and bridges (also referred to as infrastructure assets) placed in service since July 1, 1980. City of Waterloo's Capital Assets at Fiscal Year End (Net of Depreciation) Governmental Activities Business -Type Activities Total 2021 2020 2021 2020 2021 2020 Land $ 46,104,367 $ 46,081,492 $ Land held for redevelopment 18,227,365 16,640,416 Buildings and improvements 61,439,241 63,108,990 Other improvements Software 25,779 50,607 Infrastructure 242,982,791 245, 310,129 Furniture, vehicles, machinery and equipment 13,094,532 9,531,033 Construction -in -progress 46,452,018 16,004,764 759,233 $ 657,900 $ 41,215,339 42,628,505 49,815,260 47,909,270 4,778,338 4,918,931 25,360,508 7,736,342 46,863,600 $ 46,739,392 18,227,365 16,640,416 102,654,580 105,737,495 49,815,260 47,909,270 25,779 50,607 242,982,791 245,310,129 17,872,870 14,449,964 71,812,526 23,741,106 $ 428,326,093 $ 396,727,431 $ 121,928,678 $ 103,850,948 $ 550,254,771 $ 500,578,379 Major capital assets events during the current fiscal year included the following: • The City acquired properties for economic development ($1.8 million). Land held for redevelopment was transferred to private parties for redevelopment ($.2 million). • New additions to buildings and improvements totaled $1.5 million, including the Riverside Skate Park project, Hope Martin park shelter reconstruction, W 5th Street parking ramp repairs and Truck Wash area improvements. Disposals included one runway at the airport that was taken out of service ($1.27 million). • The City invested $4.6 million in new vehicles, equipment, computers and software for various city departments. The most significant of these included Police body cameras and in car recorders at $3.9 million, a fire engine pumper($.65 million) and a forestry lift truck ($.19 million). • New investments in infrastructure assets totaled $8.3 million, including several street reconstruction projects, and the Exhibition Hall Ceiling Renovation at the Convention Center. • The City invested $3.2 million in a number of sewer reconstruction projects during the year and $.9 million in new vehicles and equipment for the sewer and sanitation departments, including a garbage truck and a street sweeper. • There were a number of projects under construction that are included in Construction -in -progress. $6.1 million was invested in renovations to the Convention Center. $32.6 million was invested in street flood control projects, including $10.2 million for University Avenue reconstruction, $3.5 million for new roads and $9.6 million for improvements to existing roads. • The City invested $3.3 million in various sewer system projects, including $1.6 mil in reconstructed sewer lines, the completion of wing dike repairs ($.5 million), and treatment plant improvements in the business enterprise funds. 12 Page 173 of 436 City of Waterloo, Iowa Management's Discussion and Analysis For Fiscal Year Ended June 30, 2021 • There were several major construction projects underway for business -enterprise activities at year- end. Significant projects include $10 million that was invested in biosolids processing equipment and $3.3 million that was invested in the Dry Run Creek Sewer Interceptor. Numerous other sewer lines were reconstructed or lined ($2.1 million) as well as other treatment system improvements. Additional information about the City of Waterloo's capital assets can be found in Note 6 of this report. Long-term liabilities. At the end of the current fiscal year, the City of Waterloo had total bonded debt outstanding of $103.4 million. This entire amount is comprised of debt backed by the full faith and credit of the government. This was an increase of $3.1 million from the prior year, net of premiums and discounts. The additional debt was issued for a variety of capital improvements, including Convention Center renovations, Shaulis Road construction and the reconstruction of the Park Avenue and 11th Street bridges. The long-term portion of the state revolving fund capital loans being issued for sewer improvements increased by $15.4 million during the year. Funds were borrowed for the construction of the biosolids treatment system improvements, new instrumentation controls and the construction of the Dry Run Creek Sewer interceptor, as well as for sewer pipe lining. The amount of other loans, originally issued to purchase land in the City's industrial parks for economic development projects and to provide developer incentives, increased by $51 thousand. A new loan of $1.1 million was entered into for the Fusion Investments development, while debt retirement on outstanding loans totaled $1.05 million. The City has obligations to employees for benefit time not used at fiscal year-end. During the current fiscal year the balance due on these obligations increased by $28 thousand due to additional benefits accrued. The City of Waterloo's total long-term liabilities increased by $31.0 million (19.7%) during the current fiscal year, due to the items discussed above and increases in estimated pension liabilities of $9.4 million. The City of Waterloo maintains an Aa2 rating from Moody's Investor Services, Inc. for general obligation debt. State statutes limit the amount of general obligation debt a governmental entity may issue to 5% of its total assessed valuation. The current debt limitation for the City of Waterloo is $202,158,094 which is significantly greater than the City of Waterloo's outstanding general obligation debt ($105,024,478) and other debt subject to debt limitation ($9,676,442). The total debt subject to this limitation is $114,700,920, resulting in available debt margin of $87,457,174. Additional information about the City of Waterloo's long-term liabilities can be found in Note 9 of this report. 13 Page 174 of 436 City of Waterloo, Iowa Management's Discussion and Analysis For Fiscal Year Ended June 30, 2021 Economic Factors and Next Year's Budgets and Rates Property taxes provide 43% of General Fund revenues. Over the past five years, citywide assessed valuations have risen an average of 2% annually, while property tax regulations imposed by the State of Iowa resulted in taxable values increasing by an average of 1.4% over that same time period. The fiscal 2022 budget reflects an increase in total property tax and utility excise tax revenue of 1.8%. As discussed elsewhere in this report, the City budgeted to use $750,000 in general fund reserves for general operations for the year ended June 30, 2021. Personnel costs comprise a significant portion of City operating costs. Wage increases identified in contractual bargaining agreements range from 2% to 3% for fiscal year 2022. The employer contribution rate required for the Municipal Fire and Police Retirement System will increase by 3.44% to 26.18% of eligible compensation. Anticipated health care costs for the year ending June 30, 2022 are expected to increase at a rate of approximately 18%. The City had been using excess health insurance reserves to reduce the rates for past several years. Federal and state mandates for clean water continue to result in additional costs both for sewer system users and property taxpayers. Significant construction and revolving fund loan borrowing are anticipated during the next fiscal year. Sanitary and storm water rates were increased effective July 1, 2021 to address these issues. These factors were considered in preparing the City of Waterloo's budget for fiscal year 2022. Requests for Information This financial report is designed to provide a general overview of the City of Waterloo's finances for all those with an interest in the government's finances. Questions concerning any of the information provided in this report or requests for additional financial information should be addressed to: Michelle C. Weidner, CPA, Chief Financial Officer, City of Waterloo, 715 Mulberry Street, Waterloo, Iowa 50703. 14 Page 175 of 436 City of Waterloo, Iowa Statement of Net Position June 30, 2021 Component Units Primary Government Governmental Business -Type Activities Activities Total Waterloo Convention Waterloo & Visitors Water Works Bureau, Inc. Assets Current assets: Cash and cash equivalents $ 75,137,720 $ 17,911,690 $ 93,049,410 $ 19,248,240 $ 499,161 Restricted cash and cash equivalents 835,947 - 835,947 - Investments - 548,405 252,793 Receivables: Customer accounts, net of allowance for uncollectible accounts 2,293,711 4,603,639 6,897,350 1,889,199 Property taxes: Delinquent 698,369 - 698,369 - Succeeding year 52,066,688 - 52,066,688 - Internal accounts (38,704) 38,704 Due from other govemments: Component unit 115,479 1,572,207 1,687,686 - Primary government - - - 185,895 Other 10,177,992 46,636 10,224,628 - - Accrued interest 9,844 9,844 14,236 1,018 Special assessments - 307,662 307,662 - - Inventories and prepaids 1,211,578 131,608 1,343,186 482,255 18,176 Total current assets 142,508,624 24,612,146 167,120,770 22,182,335 957,043 Noncurrent assets: Restricted assets: Cash and cash equivalents 25,844,853 700,306 26,545,159 Investments - - 202,628 190,204 Receivables 9,803 9,803 42,605 Special assessments receivable 568,609 - 568,609 189,146 - Capital assets, net of accumulated depreciation 317,542,343 95,808,935 413,351,278 29,142,394 35,173 Capital assets not being depreciated 110,783,750 26,119,743 136,903,493 4,147,993 - Total noncurrent assets 454,749,358 122,628,984 577,378,342 33,682,161 267,982 Total assets 597,257,982 147,241,130 744,499,112 55,864,496 1,225,025 Deferred Outflows of Resources Pension related amounts 16,272,514 753,318 17,025,832 473,260 OPEB related amounts 2,060,557 315,342 2,375,899 Total deferred outflows of resources 18,333,071 1,068,660 19,401,731 473,260 See notes to basic financial statements. 15 Page 176 of 436 Component Units Primary Government Governmental Business -Type Activities Activities Total Waterloo Convention Waterloo & Visitors Water Works Bureau, Inc. Liabilities Current liabilities: Accounts and retainages payable $ 7,308,578 $ 3,888,329 $ 11,196,907 $ 168,559 $ 9,257 Accrued liabilities and other 2,433,458 262,881 2,696,339 94,167 11,977 Due to primary government - - 1,564,776 Due to component unit 185,895 185,895 Due to other governments - - 40,972 Noncurrent liabilities due and payable within one year 13,729,515 3,428,924 17,158,439 64,162 Unearned revenues 16,258,428 - 16,258,428 - 29,150 Current liabilities payable from restricted assets: Health claims 835,947 - 835,947 Other 452,865 - 452,865 - Accrued interest 260,854 40,150 301,004 - Total current liabilities 41,465,540 7,620,284 49,085,824 1,932,636 50,384 Noncurrent liabilities: Customer deposits 45,030 417,030 462,060 202,628 - Worker's compensation claims 639,327 - 639,327 - General obligation bonds and notes, net of bond discounts and premium 83,572,511 10,526,967 94,099,478 - State revolving fund capital loan 16,186,491 16,186,491 Other loans and notes and capital lease 8,154,776 - 8,154,776 - 53,720 Total postemployment benefits liability 18,442,207 2,822,343 21,264,550 - Compensated absences 1,761,361 39,200 1,800,561 - Net pension liability 56,949,740 3,317,912 60,267,652 1,899,437 Total noncurrent liabilities 169,564,952 33,309,943 202,874,895 2,102,065 53,720 Total liabilities 211,030,492 40,930,227 251,960,719 4,034,701 104,104 Deferred Inflows of Resources Property taxes 52,066,687 - 52,066,687 - Pension related amounts 1,502,626 154,596 1,657,222 1,063,847 OPEB related amounts 184,662 28,261 212,923 Total deferred inflows of resources 53,753,975 182,857 53,936,832 1,063,847 Net Position Net investment in capital assets 357,396,168 92,076,756 449,472,924 33,290,388 35,173 Restricted for: Debt service 5,201,258 138,467 5,339,725 Tourism promotion 2,011,806 - 2,011,806 Public access television 228,668 228,668 Housing 5,072,559 - 5,072,559 - Donor specified 1,006,009 - 1,006,009 - Library 482,339 - 482,339 - Street and right-of-way maintenance 12,396,513 12,396,513 Improvements 9,303,542 - 9,303,542 - Self -funded insurance 3,557,955 - 3,557,955 - Employee benefits 664,976 - 664,976 - Unrestricted (deficit) (46,515,207) 14,981,483 (31,533,724) 17,948,820 1,085,748 Total net position $ 350,806,586 $ 107,196,706 $ 458,003,292 $ 51,239,208 $ 1,120,921 16 Page 177 of 436 City of Waterloo, Iowa Statement of Activities Year Ended June 30, 2021 Programs/Functions Program Revenues Operating Capital Direct Indirect Charges for Grants and Grants and Expenses Allocations Services Contributions Contributions Primary Government Governmental activities: Public safety Public works Health and social services Culture and recreation Community and economic development General government Interest and issuance costs on long-term debt Total governmental activities Business -type activities: Sanitary Sewer Sanitation Total business -type activities Total primary government Component unit, Waterloo Water Works Component unit, Waterloo Convention & Visitors Bureau, Inc. See notes to basic financial statements. $ 39,844,040 $ - $ 6,120,115 $ 1,021,230 $ 31,773,797 (380,000) 2,448,785 10,996,193 3,250,527 281,594 31,038 11,928,940 (50,000) 3,897,666 362,367 12,518,489 2,330,488 2,378,000 7,672,664 11,283,109 (638,500) 354,010 1,621,154 2,212,316 - 109,842,285 (1,068,500) 15,151,064 16,409,982 10,923,191 11,418,438 692,000 16,797,429 4,895,812 376,500 5,835,299 16,314,250 1,068,500 22,632,728 1,001 204,889 273,550 - 274,551 204,889 $ 126,156,535 $ $ 37,783,792 $ 16,684,533 $ 11,128,080 $ 8,001,301 $ $ 609,330 $ $ 11,013,555 $ $ 7,818 $ 503,049 $ General Revenues Taxes: Property taxes Other taxes: Local option sales Utility excise Gaming Hotel/motel Gas and electric Cable television Mobile home Bank/credit union Investment earnings Miscellaneous Gain on sale of capital assets Total general revenues and transfers Changes in net position Net position, beginning of year Net position, end of year 17 Page 178 of 436 Net (Expense) Revenue and Changes in Net Position Primary Government Component Units Governmental Business -Type Activities Activities Total Waterloo Convention & Waterloo Visitors Water Works Bureau, Inc. $ (32,702,695) $ - $ (32,702,695) $ (14,698,292) - (14,698,292) (250,556) - (250,556) (7,618,907) - (7,618,907) (137,337) - (137,337) (8,669,445) (8,669,445) (2,212,316) (2,212,316) $ (66,289,548) (66,289,548) 4,892,881 4,892,881 - 836,537 836,537 - 5,729,418 5,729,418 - (66, 289, 548 ) 5,729,418 (60,560,130) 3,020,072 - (106,281) 52,877,346 52,877,346 11,957,710 11,957,710 1,403,017 - 1,403,017 - 1,324,236 - 1,324,236 - 799,936 - 799,936 - 4,161,915 - 4,161,915 - 648,817 - 648,817 - 81,164 - 81,164 - 200,676 - 200,676 - 124,727 10,999 135,726 114,888 12,833 5,870,441 5,870,441 859,390 11,274 - 8,000 8,000 19,800 - 79,449,985 18,999 79,468,984 994,078 24,107 13,160,437 337,646,149 5,748,417 101,448,289 18,908,854 4,014,150 (82,174) 439,094,438 47,225,058 1,203,095 $ 350,806,586 $ 107,196,706 $ 458,003,292 $ 51,239,208 $ 1,120,921 18 Page 179 of 436 City of Waterloo, Iowa Balance Sheet Governmental Funds June 30, 2021 General Trust and Agency Assets Cash and cash equivalents $ 14,220,754 $ 844,776 Receivables: Customer accounts, net 2,274,748 Property tax: Delinquent 320,405 193,723 Succeeding year 20,731,638 12,507,293 Special assessments 568,609 Accrued interest 193 9 Due from other funds 7,004,681 Due from other governments: Federal 224,863 Iowa 438,806 Other 245,142 137,529 Inventories and prepaids 898,156 Restricted assets: Cash and cash equivalents 21,226,204 1,844,107 Receivables 9,803 Advances to other funds - - Total assets (Continued) $ 68,164,002 $ 15,527,437 19 Page 180 of 436 Tax Increment Road Use Other Financing Tax Governmental Total $ 5,168,468 $ 12,959,342 $ 41,944,380 $ 75,137,720 4,556 14,407 2,293,711 74,273 109,968 698,369 10,821,510 8,006,247 52,066,688 - - 568,609 17 9,625 9,844 - 7,004,681 - 2,190,770 2,415,633 - 1,705,693 4,906,487 7,050,986 58,413 6,059 379,709 826,852 281,977 31,445 1,211,578 - 3,610,489 26,680,800 - - 9,803 - 108,189 21,423 129,612 $ 16,122,681 $ 15,065,816 $ 61,224,950 $ 176,104,886 20 Page 181 of 436 City of Waterloo, Iowa Balance Sheet (Continued) Governmental Funds June 30, 2021 General Trust and Agency Liabilities, Deferred Inflows of Resources and Fund Balances Liabilities Accounts payable $ 451,085 $ 76,141 Retainages payable 10,203 - Accrued liabilities 1,852,381 241,194 Due to other funds - Unearned revenue 15,657,137 - Compensated absences 103,229 - Due to Waterloo Convention & Visitors Bureau, Inc. 185,895 - Payables from restricted assets 1,288,812 - Advances from other funds 168,316 Total liabilities 19,717,058 317,335 Deferred Inflows of Resources Unavailable revenue —property tax Unavailable revenue —local option sales tax Unavailable revenue —special assessments Unavailable revenue —intergovernmental and other Total deferred inflows of resources 21,052,042 568,609 292,066 12,701,016 21,912,717 12,701,016 Fund balances Nonspendable 898,156 - Restricted 5,027,951 2,509,086 Assigned 7,871,374 - Unassigned 12,736,746 Total fund balances 26,534,227 2,509,086 Total liabilities, deferred inflows of resources and fund balances See notes to basic financial statements. $ 68,164,002 $ 15,527,437 21 Page 182 of 436 Tax Increment Road Use Other Financing Tax Governmental Total $ 99,364 $ 761,870 $ 3,422,387 $ 4,810,847 - 1,405,831 1,081,697 2,497,731 - 209,750 130,133 2,433,458 - 7,004,681 7,004,681 - - 601,291 16,258,428 - 5,390 9,707 118,326 - - - 185,895 - - 45,030 1,333,842 - - - 168,316 99,364 2,382,841 12,294,926 34,811,524 10,895,783 - 8,116,215 52,765,056 - 2,105,523 2,105,523 - - 568,609 6,059 2,079,566 2,377,691 10,895,783 6,059 12,301,304 57,816,879 - 281,977 31,445 1,211,578 4,457,619 12,394,939 41,284,116 65,673,711 669,915 - 2,269,510 10,810,799 - (6,956,351) 5,780,395 5,127,534 12,676,916 36,628,720 83,476,483 $ 16,122,681 $ 15,065,816 $ 61,224,950 $ 176,104,886 22 Page 183 of 436 City of Waterloo, Iowa Reconciliation of Governmental Funds Balance Sheet to the Statement of Net Position June 30, 2021 Total governmental fund balances Amounts reported for governmental activities in the statement of net position are different because: $ 83,476,483 Capital assets net of accumulated depreciation used in governmental activities are not financial resources and, therefore, are not reported as assets in the governmental funds 428,326,093 Certain revenues are not available to pay for current period expenditures and, therefore, are reported as deferred inflows of resources in the funds 5,750,192 Pension and other post employment benefits obligation (OPEB) related deferred outflows of resources and deferred inflows of resources are not reported in the governmental funds, but are amortized and recognized as a component of pension/OPEB expense in the government -wide financial statements, as follows: Deferred outflows of resources—IPERS $ 3,010,744 Deferred outflows of resources—MFPRSI 13,261,770 Deferred outflows of resources—OPEB 2,060,557 Deferred inflows of resources—IPERS (624,783) Deferred inflows of resources—MFPRSI (877,843) Deferred inflows of resources—OPEB (184,662) Long-term liabilities, including bonds payable, are not due and payable in the current period and, therefore, are not reported in the funds: General obligation bonds Other loans and notes Capital lease Bond discount Bond premium Total OPEB liability Workers' compensation claims payable Compensated absences Net pension liability—IPERS Net pension liability—MFPRSI Accrued interest payable (91,085,000) (5,913,512) (3,762,930) 164,664 (1,612,175) (18,442,207) (639,327) (4,890,884) (13,310,754) (43,638,986) (260,854) 16,645,783 (183,391,965) Net position of governmental activities $ 350,806,586 See notes to basic financial statements. 23 Page 184 of 436 City of Waterloo, Iowa Statement of Revenues, Expenditures and Changes in Fund Balances Governmental Funds Year Ended June 30, 2021 General Trust and Agency Revenues: Property taxes $ 21,568,319 $ 13,046,309 Other taxes 8,087,266 464,588 Licenses and permits 1,366,440 Investment income 59,453 9,871 Rent 1,034,826 Intergovernmental 3,004,751 Charges for services 9,659,969 Interfund charges for services 2,366,493 Special assessments 169,139 Miscellaneous 2,095,867 Total revenues 49,412,523 13,520,768 Expenditures: Current operating: Public safety Public works Health and social services Culture and recreation Community and economic development General government Debt service: Principal Interest and fees Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures 30, 788,173 3,200,908 286,771 9,518,432 2,348,565 10,460,828 202,035 4,503,811 4,610,638 11,875 61,309,523 4,622,513 (11,897,000) 8,898,255 Other financing sources (uses): Transfers in 8,619,067 Transfers out (8,619,067) Bond premium Proceeds from sale of capital assets 336,362 Payment to escrow for refunding bonds Issuance of capital lease and other long-term debt 3,964,965 Proceeds from insurance 1,986,893 Issuance of refunding bonds Issuance of general obligation bonds Total other financing sources (uses) 14,907,287 (8,619,067) Net changes in fund balances 3,010,287 279,188 Fund balances, beginning of year 23,523,940 2,229,898 Fund balances, end of year $ 26,534,227 $ 2,509,086 See notes to basic financial statements. 24 Page 185 of 436 Tax Increment Road Use Other Financing Tax Govemmental Total $ 10,245,025 $ $ 8,017,693 $ 52,877,346 - 12,213,737 20,765,591 25,733 - 1,392,173 9,573 - 45,830 124,727 - 234,114 1,268,940 10,314,451 12,415,809 25,735,011 82,376 331,113 10,073,458 50,000 2,416,493 169,139 26,687 1,817,554 3,940,108 10,254,598 10,499,247 35,075,850 118,762,986 7,857,883 3,364,668 16,983,413 792,397 8,841,655 67,358 35,398,811 28,042,204 286,771 10,310,829 14,554,888 10,540,061 189,518 - 9,487,575 9,879,128 50,482 - 2,583,138 2,633,620 - 9,430,324 21,019,608 34,953,743 3,604,668 17,288,207 59,775,144 146,600,055 6,649,930 (6,788,960) (24,699,294) (27,837,069) (5,206,495) 1,155,453 5,306,315 13,925,382 (99,820) (13,925,382) 557,496 557,496 - 336,362 (6,472,000) (6,472,000) 5,120,418 1,986,893 6,360,000 6,360,000 13,790,000 13,790,000 (4,051,042) 19,441,991 21,679,169 2,598,888 (6,788,960) (5,257,303) (6,157,900) 2,528,646 19,465,876 41,886,023 89,634,383 $ 5,127,534 $ 12,676,916 $ 36,628,720 $ 83,476,483 25 Page 186 of 436 City of Waterloo, Iowa Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balances of Governmental Funds to the Statement of Activities Year Ended June 30, 2021 Net change in fund balances —governmental funds $ (6,157,900) Amounts reported for governmental activities in the statement of activities are different because: Capital outlays to purchase or construct capital assets are reported in the governmental funds as expenditures. However, those costs are reported in the statement of net position and are allocated over their estimated useful lives as depreciation expense in the statement of activities. The amounts of capital outlay and depreciation expense for the year are as follows: Capital outlay $ 46,089,860 Depreciation (16,032,557) 30,057,303 The net effect of various miscellaneous transactions involving capital assets is to increase/ decrease net position: Proceeds from sale of capital assets Capital asset contributions Net (loss) on disposal of capital assets (336,362) 1,883,824 (6,103) The issuance of long-term debt provides current financial resources to govemmental funds while repayment of the principal of long-term debt consumes current financial resources. These transactions have no effect on the change in net position in the statement of activities. Also, governmental funds report the effect of premiums and discounts when debt is first issued, whereas these amounts are deferred and amortized in the statement of activities. In addition, interest is accrued on outstanding debt in the statement of net position whereas in the governmental funds an interest expenditure is reported only when due. The following is a detail of the net effect on these differences in the treatment of long-term debt and related items: General obligation bonds issued for governmental purposes (20,150,000) Issuance of other long-term debt, inlcuding capital lease (5,120,418) Repayment of general obligation bond principal 15,045,000 Repayment of other long-term debt principal, inlcuding capital lease 1,306,128 Bond premium (557,496) Amortization of bond discounts and premiums 406,777 Change in accrued interest 14,527 1,541,359 (9,055,482) Revenue in the statement of activities that does not provide current financial resources is not reported as revenue in the governmental funds: Current year 5,750,192 Prior year (5,427,673) Some expenses reported in the statement of activities do not require the use of current financial resources and, therefore, are not reported as expenditures in governmental funds: OPEB expense 538,723 Change in workers' compensation claims payable (78,004) Change in compensated absences and deferred compensation liabilities (29,015) Pension expense—IPERS (568,641) Pension expense—MFPRSI (3,410,425) Change in net position of governmental activities See notes to basic financial statements. $ 13,160,437 26 Page 187 of 436 City of Waterloo, Iowa Statement of Net Position Enterprise Funds June 30, 2021 Sanitary Sewer Nonmajor - Sanitation Total Assets Current assets: Cash and cash equivalents $ 14,353,188 $ 3,558,502 $ 17,911,690 Customer accounts receivable, net 3,568,042 1,035,597 4,603,639 Special assessments receivable 3,154 304,508 307,662 Due from other governments: Waterloo Water Works 1,008,037 564,170 1,572,207 Other 1,860 44,776 46,636 Inventories 36,284 95,324 131,608 Total current assets 18,970,565 5,602,877 24,573,442 Noncurrent assets: Advances to other funds 27,003 11,701 38,704 Restricted cash and cash equivalents 570,476 129,830 700,306 Capital assets, net of accumulated depreciation Capital assets not being depreciated Net capital assets 94,034,292 1,774,643 95,808,935 26,119,743 - 26,119,743 120,154,035 1,774,643 121,928,678 Total noncurrent assets 120,751,514 1,916,174 122,667,688 Total assets 139,722,079 7,519,051 147,241,130 Deferred Outflows of Resources Pension related amounts OPEB related amounts Total deferred outflows of resources 542,395 185,115 210,923 753,318 130,227 315,342 727,510 341,150 1,068,660 Liabilities, Deferred Inflows of Resources, and Net Position Liabilities: Current liabilities: Accounts payable 2,615,244 298,559 2,913,803 Retainages payable 974,526 974,526 Accrued liabilities 175,309 87,572 262,881 Current maturities of general obligation and capital loans 3,182,240 3,182,240 Compensated absences and deferred compensation 171,555 75,129 246,684 Accrued interest 40,150 40,150 Total current liabilities 7,159,024 461,260 7,620,284 Noncurrent liabilities: Security deposits 287,200 129,830 417,030 General obligation bonds, net bond discount and premium 10,526,967 - 10,526,967 State revolving fund capital loan 16,186,491 - 16,186,491 Total other postemployment benefits liability 1,656,797 1,165,546 2,822,343 Compensated absences and deferred compensation 19,110 20,090 39,200 Net pension liability 2,369,387 948,525 3,317,912 Total noncurrent liabilities 31,045,952 2,263,991 33,309,943 Total liabilities 38,204,976 2,725,251 40,930,227 Deferred Inflows of Resources Pension related amounts OPEB related amounts Total deferred inflows of resources 109,738 16,590 126,328 44,858 11,671 56,529 154,596 28,261 182,857 Net Position Net investment in capital assets 90,302,113 Restricted for debt service 138,467 Unrestricted 11,677,705 Total net position See notes to basic financial statements. 1,774,643 3,303,778 92,076,756 138,467 14,981,483 $ 102,118,285 $ 5,078,421 $ 107,196,706 27 Page 188 of 436 City of Waterloo, Iowa Statement of Revenues, Expenses and Changes in Net Position Enterprise Funds Year Ended June 30, 2021 Sanitary Sewer Nonmajor - Sanitation Total Operating revenues: Charges for sales and service $ 16,576,262 $ 5,818,547 $ 22,394,809 Miscellaneous 221,167 16,752 237,919 Total operating revenues 16,797,429 5,835,299 22,632,728 Operating expenses: Salaries and benefits Contractual services Intra-city reimbursements Commodities Depreciation Total operating expenses 4,127,673 2,012,222 692,000 1,394,143 3,443,779 1,779,064 2,239,600 376,500 483,861 393,287 5,906,737 4,251,822 1,068,500 1,878,004 3,837,066 11,669,817 5,272,312 16, 942,129 Operating income 5,127,612 Nonoperating revenues (expenses): Interest income Intergovernmental Interest expense Amortization Gain on sale of capital assets Total nonoperating revenues (expenses) 562,987 5,690,599 4,579 1,001 (467,284) 26,663 8,000 6,420 273,550 10,999 274,551 (467,284) 26,663 8,000 (427,041) 279,970 (147,071) Income prior to capital contributions 4,700,571 Capital contributions 842,957 5,543,528 204,889 204,889 Change in net position 4,905,460 Net position, beginning of year 97,212,825 Net position, end of year See notes to basic financial statements. 842,957 5,748,417 4,235,464 101,448,289 $ 102,118,285 $ 5,078,421 $ 107,196,706 28 Page 189 of 436 City of Waterloo, Iowa Statement of Cash Flows Enterprise Funds Year Ended June 30, 2021 Sanitary Sewer Nonmajor - Sanitation Total Cash flows from operating activities: Receipts from customers and users $ 16,573,908 $ 5,873,289 $ 22,447,197 Payments to suppliers (5,004,418) (2,760,538) (7,764,956) Payments to or on behalf of employees (3,973,483) (1,877,263) (5,850,746) Payment for interfund services used (692,000) (376,500) (1,068,500) Net cash provided by operating activities 6,904,007 858,988 7,762,995 Cash flows from noncapital financing activities, intergovernmental proceeds 2,034 Cash flows from capital and related financing activities: Purchase and construction of capital assets Proceeds from disposal of capital assets Proceeds from bonds and notes Principal paid on debt Interest paid on debt Net cash used in capital and related financing activities 245,152 247,186 (18,194,362) 41,783 18,657,663 (5,307,473) (461,971) (351, 567) (18,545,929) 41,783 18,657,663 (5,307,473) (461,971) (5,264,360) (351,567) (5,615,927) Cash flows from investing activities, interest received 4,579 6,420 10,999 Increase in cash and cash equivalents 1,646,260 758,993 2,405,253 Cash and cash equivalents, beginning of year 13,277,404 2,929,339 16,206,743 Cash and cash equivalents, end of year $ 14,923,664 $ 3,688,332 $ 18,611,996 Reconciliation of cash and cash equivalents to statement of net position: Unrestricted cash and cash equivalents $ 14,353,188 $ 3,558,502 $ 17,911,690 Restricted cash and cash equivalents 570,476 129,830 700,306 $ 14,923,664 $ 3,688,332 $ 18,611,996 (Continued) 29 Page 190 of 436 City of Waterloo, Iowa Statement of Cash Flows (Continued) Enterprise Funds Year Ended June 30, 2021 Sanitary Sewer Nonmajor - Sanitation Total Reconciliation of operating income to net cash provided by operating activities: Operating income $ 5,127,612 $ 562,987 $ 5,690,599 Adjustments to reconcile operating income to net cash provided by operating activities: Depreciation 3,443,779 393,287 3,837,066 (Increase) decrease in accounts receivable (122,386) 78,130 (44,256) Increase in due from Waterloo Water Works (101,135) (40,140) (141,275) (Increase) decrease in inventories and prepaids 16,506 (95,324) (78,818) Increase (decrease) in accounts payable (1,614,559) 58,247 (1,556,312) Increase in accrued liabilities 10,559 21,628 32,187 Increase (decrease) in other post employment benefits liability 45,747 (178,136) (132,389) Decrease in compensated absences and deferred compensation (5,665) (5,410) (11,075) Increase in net pension liability 84,548 34,755 119,303 Decrease in deferred outflows of resources 37,266 39,494 76,760 Decrease in deferred inflows of resources (18,265) (10,530) (28,795) Net cash provided by operating activities $ 6,904,007 $ 858,988 $ 7,762,995 Schedule of noncash capital and related financing activities: Payables for acquisition of capital assets $ 3,197,762 $ $ 3,197,762 Capital assets contributed 204,889 204,889 See notes to basic financial statements. 30 Page 191 of 436 City of Waterloo, Iowa Statement of Fiduciary Net Position Custodial Fund June 30, 2021 Custodial Fund Assets Cash and cash equivalents $ 25,957 Liabilities Due to other governments 25,957 Net Position Restricted for others See notes to basic financial statements. 31 Page 192 of 436 City of Waterloo, Iowa Statement of Changes in Fiduciary Net Position Custodial Fund Year Ended June 30, 2021 Custodial Fund Additions: Property taxes collected for others Building permits Other additions Total additions $ 2,149,213 129,979 57,980 2,337,172 Deductions: Payments to other governments 2,337,172 Change in net position Net position, beginning of year Net position, end of year $ See notes to basic financial statements. 32 Page 193 of 436 City of Waterloo, Iowa Index to the Notes to Basic Financial Statements Note Number Title Page Number 1 Nature of Operations, Reporting Entity, Basis of Presentation, 34-43 Measurement Focus and Basis of Accounting and Summary of Significant Accounting Policies 2 Cash and Investments 44 3 Leasing Activities 45 4 Loans and Notes 46 5 Interfund Activity 46-47 6 Capital Assets 48-51 7 Compensated Absences 51-52 8 Long -Term Liabilities 52-57 9 Operating Leases 57 10 Retirement Systems 58-73 11 Deficit Fund Balances 73 12 Commitments 74 13 Other Postemployment Benefits 74-77 14 Employee Health Care Plan 77-78 15 Worker's Compensation Plan 78 16 Joint Ventures and Jointly Governed Organizations 78 17 Industrial Development Revenue Bonds 79 18 Risk Management 79 19 Tax Abatements 79 20 Fund Balances 80 21 New GASB Statements and Pending Pronouncements 81-82 22 Subsequent Events 82 33 Page 194 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 1. Nature of Operations, Reporting Entity, Basis of Presentation, Measurement Focus and Basis of Accounting and Summary of Significant Accounting Policies Nature of operations: The City of Waterloo, Iowa (City) is a political subdivision of the state of Iowa located in Black Hawk County. It was incorporated in 1868 and operates under the Home Rule provisions of the Constitution of Iowa. The City operates under the Mayor -Council form of government with the full-time Mayor and seven part-time City Council members elected on a nonpartisan basis. The Mayor is elected for a two- year term. City Council members from five wards plus two at -large are elected for staggered four-year terms. The City provides numerous services to citizens including public safety, public works, health and social services, culture and recreation, community and economic development and general government services. The City also provides sanitary sewer and sanitation (garbage pickup) utilities for its citizens. Through its component unit, Waterloo Water Works, water utility services are also provided. Reporting entity: In accordance with Governmental Accounting and Financial Reporting Standards, the basic financial statements include all funds, organizations, agencies, boards, commissions, authorities and material component units and have been prepared in conformity with accounting principles generally accepted in the United States of America, as applied to governmental units. The Governmental Accounting Standards Board (GASB) is the accepted standard setting body for establishing governmental accounting and financial reporting principles. The City has considered all potential component units for which it is financially accountable, and other organizations for which the nature and significance of their relationship with the City are such that exclusion would cause the City's financial statements to be misleading or incomplete. The GASB has set forth criteria to be considered in determining financial accountability. These criteria include appointing a voting majority of an organization's governing body, and (1) the ability of the City to impose its will on that organization or (2) the potential for the organization to provide specific benefits to, or impose specific financial burdens on, the City. These financial statements present the City of Waterloo (the primary government) and its discretely presented component units, the Waterloo Water Works and Waterloo Convention & Visitors Bureau, Inc. Complete financial statements of the Waterloo Water Works component unit can be obtained from the Waterloo Water Works administrative office, 325 Sycamore Street, Waterloo, Iowa. Complete financial statements of the Waterloo Convention & Visitors Bureau, Inc. can be obtained from their office at 500 Jefferson Street, Waterloo, Iowa. Blended component unit: The Waterloo Housing Authority (Authority) is governed by a board that includes all seven members of the City Council plus two members appointed by the Mayor, subject to approval of a majority of the City Council, for a total of nine members. Although the Authority is considered legally separate from the City, it has a financial benefit/burden relationship with the City. Due to the nature of its relationship with the City, the Authority is considered part of the primary government. The Authority is reported as a special revenue fund. 34 Page 195 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 1. Nature of Operations, Reporting Entity, Basis of Presentation, Measurement Focus and Basis of Accounting and Summary of Significant Accounting Policies (Continued) Discretely presented component units: Waterloo Water Works: The Waterloo Water Works is a component unit that is legally separate from the City, but is financially accountable to the City. The Waterloo Water Works is governed by a three - member board appointed by the City Council and its operating budget is subject to the review of the City Council. The Waterloo Water Works operates on a calendar year-end and prepares its financial statements in accordance with accounting principles generally accepted in the United States of America. Due to the different year-end, the amount reported by the Waterloo Water Works as due to the primary government and the primary government's due from the Waterloo Water Works do not agree by $122,910. Waterloo Convention & Visitors Bureau, Inc.: The Waterloo Convention & Visitors Bureau, Inc. (the Organization) is a nonprofit corporation and a component unit of the City whose purpose is to strengthen the local economy by competitively marketing the area as a destination for conventions, tour groups, sporting events and individual travelers. The Organization's operations are funded primarily by an allocation of the local hotel/motel tax from the City's local transient guest tax. By ordinance, the City allocates 50% of the tax to the Organization. The Organization is governed by a 15-member Board of Directors. Five members are appointed by the City, and the other ten are elected by other members of the Organization's Board. Although the City does not appoint the voting majority of the Organization's Board of Directors, the Organization has been determined to be fiscally dependent on the City. Basis of presentation: Government -wide financial statements: The statement of net position and the statement of activities report information on all of the nonfiduciary activities of the City. For the most part, the effect of interfund activity has been removed from these statements. However, interfund services provided and used are not eliminated in the process of consolidation. Governmental activities, which normally are supported by tax and intergovernmental revenue, are reported separately from business -type activities, which rely to a significant extent on fees and charges for support. Likewise, the primary government is reported separately from the legally separate Waterloo Water Works and Waterloo Convention & Visitors Bureau, Inc. component units. The statement of net position presents the City's assets and deferred outflows of resources and liabilities and deferred inflows of resources, with the difference reported as net position. The statement of activities demonstrates the degree to which the direct and indirect expenses of a given program or function are offset by program revenues. Direct expenses are those that are clearly identifiable with a specific program or function. Program/function revenue includes: (1) charges to customers or applicants who purchase, use or directly benefit from goods, services or privileges provided by a given program/function and (2) grants, contributions and other resources that are restricted to meeting the operational or capital requirements of a particular program/function. Taxes and other items not properly included among program revenue are reported instead as general revenue. 35 Page 196 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 1. Nature of Operations, Reporting Entity, Basis of Presentation, Measurement Focus and Basis of Accounting and Summary of Significant Accounting Policies (Continued) Fund financial statements: Separate financial statements are provided for governmental and proprietary funds. The focus of fund financial statements is on major funds. Major individual governmental funds and the major enterprise fund are reported as separate columns in the fund financial statements. All remaining governmental funds are aggregated and reported as other nonmajor governmental funds. The other enterprise fund is reported in a separate column on the enterprise funds financial statements as a nonmajor fund. Description of funds: The accounts of the City are organized on the basis of funds, each of which is considered a separate accounting entity. The operations of each fund are accounted for with a separate set of self -balancing accounts that comprise its assets, deferred outflows of resources, liabilities, deferred inflows of resources, fund balance/net position, revenue and expenditures or expenses, and other financing sources and uses, as appropriate. Government resources are allocated to and accounted for in individual funds based upon the purposes for which they are to be spent and the means by which spending activities are controlled. The various funds are grouped, in the financial statements in this report, into categories as follows: Governmental Fund Types: Governmental fund types are those funds through which most governmental functions typically are financed. Governmental fund reporting focuses on the sources, uses and balances of current financial resources. Expendable assets are assigned to the various governmental funds according to the purposes for which they may or must be used; current liabilities are assigned to the fund from which they are paid; and the difference between governmental fund assets plus deferred outflows of resources and liabilities plus deferred inflows of resources, the fund equity, is referred to as "fund balance." The measurement focus is upon determination of changes in financial position, rather than upon net income determination. The following are the City's governmental fund types: General fund is used to account for and report all financial resources not accounted for and reported in another fund. Special revenue funds are used to account for and report the proceeds of specific revenue sources that are restricted or committed to expenditure for specified purposes other than debt service or capital projects. Debt service funds are used to account for and report financial resources that are restricted, committed, or assigned to expenditure for principal and interest on long-term debt. Capital projects funds are used to account for and report financial resources that are restricted, committed, or assigned to expenditure for capital outlays, including the acquisition or construction of capital facilities and other capital assets. The City had the following major governmental funds: General Fund is used to account for and report all financial resources not accounted for and reported in another fund. Trust and Agency (Employee Benefits) Special Revenue Fund is required by the Code of Iowa to account for property taxes levied for employee benefits. This fund either pays benefits as expenditures (primarily police and fire pension costs) or transfers cash to the General Fund to reimburse allowable benefits paid from that fund. 36 Page 197 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 1. Nature of Operations, Reporting Entity, Basis of Presentation, Measurement Focus and Basis of Accounting and Summary of Significant Accounting Policies (Continued) Tax Increment Financing Fund is a special revenue fund used to account for the accumulation of resources from tax increment financing projects, payment of contracted rebates and other obligations related to the projects and transfers to the GO Debt Service Fund and/or other funds to reimburse the other funds for expenditures on the projects. Road Use Tax Fund is a special revenue fund required by the Code of Iowa to account for the City's share of fuel taxes collected and allocated by the State which is restricted for local street maintenance. Proprietary Fund Type: Proprietary fund types are used to account for a government's ongoing organizations and activities which are similar to those often found in the private sector. The measurement focus is upon income determination, financial position and cash flows. Enterprise funds are used to account for operations (a) that are financed and operated in a manner similar to that of a private business enterprise where the intent of the governing body is that the costs (expenses, including depreciation) of providing goods or services to the general public on a continuing basis be financed or recovered primarily through user charges or (b) where the governing body has decided that periodic determination of revenue earned, expenses incurred and/or net income is appropriate for capital maintenance, public policy, management control, accountability or other purposes. The City had the following major enterprise fund: Sanitary Sewer Fund: Operates the sewage collection system and wastewater treatment plant. Fiduciary Fund Type: To account for assets held by a governmental unit in a trustee capacity or as an agent for individuals, private organizations, other governmental units and/or other funds. Custodial Fund: This is a custodial fund used to account for property taxes collected on behalf of the Metropolitan Transit Agency, Water Works kill water assessments, Grout Museum District and building permits passed through to Black Hawk County. Measurement focus and basis of accounting: The government -wide financial statements are reported using the economic resources measurement focus and the accrual basis of accounting, as are the proprietary and fiduciary fund financial statements. Revenue is recorded when earned and expenses are recorded when a liability is incurred, regardless of the timing of related cash flows. Property taxes are recognized as revenue in the year for which they are levied and budgeted for. Grants and similar items are recognized as revenue at the same time the related asset is recorded. For reimbursable grants, the asset is recorded as soon as all eligibility requirements imposed by the provider have been met. 37 Page 198 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 1. Nature of Operations, Reporting Entity, Basis of Presentation, Measurement Focus and Basis of Accounting and Summary of Significant Accounting Policies (Continued) Governmental fund financial statements are reported using the current financial resources measurement focus and the modified accrual basis of accounting. Revenue is recognized as soon as it is both measurable and available. Revenue is considered to be available when it is collectible within the current period or soon enough thereafter to pay liabilities of the current period. For this purpose, the City considers revenue to be available if it is collected within 60 days of the end of the fiscal year. Property taxes when levied for, other taxes, charges for services, intergovernmental revenue (shared revenue, grants and reimbursements from other governments) and interest are considered to be measurable and are recognized as revenue, if available. All other revenue items are considered to be measurable and available only when cash is received by the City. Expenditures are generally recorded when a liability is incurred, as under accrual accounting. However, principal and interest on long-term debt, claims and judgments, pension benefits and compensated absences are recorded as expenditures only when payment is due and the liability has matured. Capital asset acquisitions are reported as expenditures in governmental funds. Proceeds of general long-term debt, premiums and discounts on the issuance of long-term debt and acquisitions under capital leases are reported as other financing sources. Under terms of grant agreements, the City funds certain programs by a combination of specific cost - reimbursement grants and general revenue. It is the City's policy to first apply cost -reimbursement grant resources to such programs and then by general revenue. Proprietary funds distinguish operating revenue and expenses from nonoperating items. Operating revenue and expenses generally result from providing services and producing and delivering goods in connection with a proprietary fund's principal ongoing operations. The principal operating revenue of the City's enterprise funds are charges to customers for services. Operating expenses include the costs of services and administrative expenses. All revenue and expenses not meeting this definition are reported as nonoperating revenue and expenses. Budgets and budgetary accounting: The budgetary comparison and related disclosures are reported as required supplementary information. Summary of significant accounting policies: The significant accounting policies followed by the City include the following: Cash and cash equivalents: The cash balances of most City funds are pooled and deposited into interest -bearing demand deposit accounts, certificates of deposit and Iowa Public Agency Investment Trust (IPAIT). Interest earned on investments is allocated among funds in the ratio of cash provided by the fund unless otherwise provided by law. Interest earned by the Road Use Tax Fund is allocated to the General Fund. Investments consist of nonnegotiable certificates of deposit and deposits in IPAIT money market accounts which are stated at amortized cost plus accrued interest. For purposes of the statement of cash flows, all short-term cash investments that are highly liquid (including restricted assets) are considered to be cash equivalents. Cash equivalents are readily convertible to known amounts of cash and, at the day of purchase, have a maturity date no longer than three months. 38 Page 199 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 1. Nature of Operations, Reporting Entity, Basis of Presentation, Measurement Focus and Basis of Accounting and Summary of Significant Accounting Policies (Continued) Receivables and payables: Receivables are reported net of any allowance for uncollectible accounts. As of June 30, 2021, the General Fund and the enterprise funds had allowances for uncollectible customer accounts totaling $746,810 and $289,914, respectively. Property taxes receivable are recognized on the levy or lien date, which is the date that the tax asking is certified by the City to the County Board of Supervisors. Current year delinquent property taxes receivable represent unpaid taxes from the current year. The succeeding year property taxes receivable represent taxes certified by the City to be collected in the next fiscal year for the purposes set out in the budget for the next fiscal year. By statute, the City is required to certify its budget to the County Auditor by March 31 of each year for the subsequent fiscal year. However, by statute, the tax asking and budget certification for the following fiscal year becomes effective on the first day of that year. Although the succeeding year property taxes receivable have been recorded, the related revenue is reported as a deferred inflow of resources (unavailable revenue) and will not be recognized as revenue until the year for which it is levied and budgeted for. Property tax revenue which became due and collectible in September and March of the fiscal year with a 1 Y2% per month penalty for delinquent payments; was based on January 1, 2019 assessed property valuations; was for the tax accrual period July 1, 2020 through June 30, 2021; and reflected the tax asking contained in the budget certified to the County Board of Supervisors in March 2020. Special assessments are levied against certain property owners and become liens against the property benefited by the improvement. Special assessments receivable consist of current assessments which are due within one-year, delinquent assessments remaining unpaid after the due date, uncollected assessments which have been levied, but are not due within one year. Customer accounts receivable consist of amounts owed from private individuals or organizations for goods and services. Loans and notes consist of amounts advanced to private individuals or organizations. Collections of principal and interest from loans and notes made from federal funds are program income of the federal program when received in cash. Due from other governments consists of grants, shared revenue and amounts collected by other governments on behalf of the City. Inventories and prepaids: Inventories are valued at cost using the first-in/first-out (FIFO) method. The cost of governmental fund -type inventories are recorded as expenditures when purchased. Inventories and prepaids recorded in the governmental fund types do not reflect current available resources; therefore, an equivalent portion of fund balance is nonspendable. Prepaids consist primarily of a deposit for insurance deductibles and premiums paid in advance, which are recorded as an expenditure or an expense when consumed. 39 Page 200 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 1. Nature of Operations, Reporting Entity, Basis of Presentation, Measurement Focus and Basis of Accounting and Summary of Significant Accounting Policies (Continued) Restricted assets: Certain assets of the governmental funds and enterprise funds are classified as restricted assets because their use is completely restricted by donors, bond indentures, contracts or grant agreements. Bond discounts, premiums and issuance costs: In the government -wide financial statements and proprietary fund types in the fund financial statements, bond premiums and discounts are deferred and amortized over the life of the bonds using the effective interest method. Bond issuance costs are reported as an expense in the year the costs are incurred. In the fund financial statements, governmental fund types recognize bond premiums and discounts during the current period. Premiums received on debt issuances are reported as other financing sources while discounts on debt issuances are reported as other financing uses. Bond issuance costs are reported as an expenditure in the year the costs are incurred. Capital assets: Capital assets are reported in the applicable governmental or business -type activities columns in the government -wide statement of net position and in the fund financial statements for proprietary funds. Capital assets are recorded at historical cost. Donated capital assets are recorded at estimated acquisition value at the date of donation. The cost of normal maintenance and repairs that do not add to the value of the asset or materially extend asset useful lives are not capitalized. Capital assets, other than infrastructure, are defined by the City as assets with an initial, individual cost in excess of $5,000 and estimated useful lives in excess of one year. Infrastructure is defined by the City as assets available for public use, other than buildings, and having a cost of $50,000 or more. Depreciation is computed using the straight-line method over the estimated useful life of the asset. Estimated useful lives are as follows: Years Governmental activities: Buildings and improvements 10 - 40 Infrastructure 15 - 100 Furniture and equipment 3 - 20 Vehicles, machinery and equipment 3 - 25 Software 5 Assets under capital lease 10 - 15 Business -type activities: Buildings 15 - 50 Improvements other than buildings 50 Furniture and equipment 5 - 20 Vehicles, machinery and equipment 5 - 10 Software 5 Discretely presented component units: Buildings and improvements Water supply and distribution systems Meters and equipment Machinery and equipment Leasehold improvements 8-40 10-99 5-63 5-26 5-39 40 Page 201 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 1. Nature of Operations, Reporting Entity, Basis of Presentation, Measurement Focus and Basis of Accounting and Summary of Significant Accounting Policies (Continued) The City's collection of works of art, library books and other similar assets are not capitalized. These collections are unencumbered, held for public exhibition and education, protected, cared for and preserved and subject to City policy that requires proceeds from the sale of these items to be used to acquire other collection items. Deferred outflows of resources: In addition to assets, the statement of net position will sometimes report a separate section for deferred outflows of resources. This separate financial statement element, deferred outflows of resources, represents a consumption of net position that applies to a future period(s) and so will not be recognized as an outflow of resources (expense/expenditure) until then. The City has two items that qualify for reporting in this category. These items are pension and OPEB related deferred outflows of resources, which consists of unrecognized items not yet charged to pension and OPEB expense and pension contributions from the City after the measurement date but before the end of the City's reporting period. Deferred inflows of resources: In addition to liabilities, the statement of net position and balance sheet will sometimes report a separate section for deferred inflows of resources. This separate financial statement element, deferred inflows of resources, represents an acquisition of net position that applies to a future period(s) and so will not be recognized as an inflow of resources (revenue) until that time. The governmental funds report unavailable revenues from four sources: property taxes, local option sales taxes, special assessments and intergovernmental revenue. These amounts are deferred and recognized as an inflow of resources in the period that the amounts become available. In the City's government -wide statements, the property tax revenues are reported as a deferred inflow of resources and will become an inflow in the year for which they are levied and budgeted for. The City's government -wide and enterprise fund statements also include unrecognized pension and OPEB related amounts as deferred inflows. Pensions: The net pension liability, deferred inflows and outflows of resources related to pensions, pension expense, information about the fiduciary net position of the Iowa Public Employees' Retirement System (IPERS) and the Municipal Fire and Police Retirement System of Iowa (MFPRSI) and additions to/deductions from IPERS' and MFPRSI's fiduciary net position have been determined on the same basis as they are reported by IPERS and MFPRSI. For this purpose, benefit payments (including refunds of employee contributions) are recognized when due and payable in accordance with the benefit terms. Investments are reported at fair value. Total OPEB liability: For purposes of measuring the total other postemployment benefit (OPEB) liability, deferred inflows of resources related to OPEB and OPEB expense, information has been based on an actuary report. For that purpose, benefit payments are recognized when due and payable in accordance with the benefit terms. The total of OPEB liability attributable to governmental activities will be paid primarily by the General Fund. Interfund transactions: Transactions among City funds that would be treated as revenues and expenditures or expenses if they involved organizations external to City government are accounted for as revenues and expenditures or expenses in the funds involved. 41 Page 202 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 1. Nature of Operations, Reporting Entity, Basis of Presentation, Measurement Focus and Basis of Accounting and Summary of Significant Accounting Policies (Continued) Transactions which constitute reimbursements to a fund for expenditures initially made from it which are properly applicable to another fund are recorded as expenditures in the reimbursing fund and as reductions of expenditures in the reimbursed fund. Transactions, which constitute the transfer of resources from a fund receiving revenues to a fund through which the revenues are to be expended, are separately reported in the respective fund's operating statements. Activity between funds that are representative of lending/borrowing arrangements at the end of the fiscal year are referred to as "due to/from other funds" in the fund financial statements. Any residual balances outstanding between the governmental activities and business -type activities are reported in the government -wide financial statements as "internal balances." Noncurrent portions of long-term interfund loan receivables and payables are reported as advances within the governmental and enterprise funds. Compensated absences: City ordinances and labor contracts with the City call for the accumulation of vacation, compensatory time and sick leave for subsequent use or for payment upon termination or retirement. During 2001, the City began offering an early sick leave payout option for certain employees. Qualifying employees can elect to receive 60% of the time in their frozen sick leave bank over a five-year period prior to their retirement or termination of employment. Vacation and compensatory time are accrued when incurred in the government -wide and the proprietary funds statements and reported as a liability. Matured compensated absences, for example, as a result of employee retirements and resignations, are considered due and expected to be liquidated with expendable available financial resources and are reported as an expenditure and a fund liability of the respective governmental fund. Governmental fund liabilities for unmatured compensated absences are not reported in the fund financial statements. Long-term liabilities: In the government -wide financial statements and the proprietary fund financial statements, long-term debt and other long-term obligations are reported as liabilities. In the governmental fund financial statements, the face amount of long-term debt issued is reported as an other financing source. Fund balance: In the governmental fund financial statements, fund balances are classified as follows: Nonspendable: Amounts which cannot be spent either because they are in a nonspendable form or because they are legally or contractually required to be maintained intact. Restricted: Amounts restricted to specific purposes when constraints placed on the use of the resources are either externally imposed by creditors, grantors or state or federal laws or imposed by law through constitutional provisions or enabling legislation. Committed: Amounts which can be used only for specific purposes pursuant to constraints formally imposed by the City Council through resolution approved prior to year-end. Those committed amounts cannot be used for any other purpose unless the City Council removes or changes the specified use by taking the same action it employed to commit those amounts. 42 Page 203 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 1. Nature of Operations, Reporting Entity, Basis of Presentation, Measurement Focus and Basis of Accounting and Summary of Significant Accounting Policies (Continued) Assigned: Amounts constrained by the City's intent to use them for a specific purpose. The authority to assign fund balance has been delegated by the City Council to the Chief Financial Officer in accordance with the City's Fund Balance and Reserve Policy. Unassigned: All amounts not included in other spendable classifications. The General Fund is the only fund that would report a positive amount in unassigned fund balance. Residual deficit amounts of other governmental funds would also be reported as unassigned. When an expenditure is incurred in governmental funds which can be paid using either restricted or unrestricted resources, the City's policy is to pay the expenditure from restricted fund balance and then from less -restrictive classifications — committed, assigned and then unassigned fund balances. Net position: Net position represents the difference between assets plus deferred outflows of resources and liabilities plus deferred inflows of resources. Amounts reported as net investment in capital assets consist of capital assets, net of accumulated depreciation, reduced by the outstanding balances of any borrowings used for the acquisition, construction or improvement of those assets. Net investment in capital assets excludes unspent debt proceeds. Unspent debt proceeds for the various capital project GO Bonds Funds are $25,365,517. Net position is reported as restricted when there are limitations imposed on their use either through the enabling legislation adopted by the City or through external restrictions imposed by creditors, grantors or laws or regulations of other governments. The government -wide statement of net position reports $39,925,625 of restricted net position for governmental activities of which $7,924,071 is restricted by enabling legislation for debt service, library, tourism promotion and public access television. The City applies restricted resources when an expense is incurred for purposes for which both restricted and unrestricted net position are available. Indirect allocations: Operating funds, departments and activities receive services from supporting funds, departments and activities. Annually, management estimates the value of those services and records applicable indirect allocations. Activities related to federal grant programs have not been included in the indirect cost calculations, but are reported within the function the grant serves. Estimates and assumptions: The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates. 43 Page 204 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 2. Cash and Investments Interest rate risk: The City's policy allows the operating funds to be invested in instruments authorized by the City's investment policy that mature within 397 days and funds not identified as operating funds to be invested with maturities longer than 397 days. However, all investments of the City shall have maturities that are consistent with the liquidity needs of the City. As of June 30, 2021, the City had investments in the Iowa Public Agency Investment Trust (IPAIT) which were valued at an amortized cost of $19,895,019, pursuant to GASB Statement No. 79. IPAIT is registered with the Securities and Exchange Commission. The City's investment in IPAIT is not subject to interest rate risk. The discretely presented Waterloo Water Works component unit's certificates of deposit are restricted to comply with debt covenants and to secure customer deposits. Credit risk: In accordance with the City's investment policy, the City may invest in interest bearing savings accounts, interest bearing money market accounts, and interest bearing checking accounts at any bank, savings and loan associations or credit union in the state of Iowa, obligations of the United States government, its agencies and instrumentalities, certificates of deposit and other evidences of deposit at federally insured Iowa depository institutions, IPAIT, prime bankers' acceptances that mature within 270 days of purchase and are eligible for purchase by a Federal Reserve Bank, commercial paper or other short-term corporate debt that matures within 270 days of purchase and is rated within the two highest classifications, as established by at least one of the standard rating services, repurchase agreements, open-end management investment company organized in trust form, registered with Securities & Exchanges Commission. The policy does not allow the City to invest in reverse repurchase agreements and futures and options contracts. The investment in the Iowa Public Agency Investment Trust is rated AAAm by Standard & Poors. Concentration of credit risk: The City's investment policy is to diversify its investment portfolio to eliminate the risk of loss resulting from overconcentration of assets in a specific maturity, a specific issuer or a specific class of securities. Accordingly, the policy limits the City from investing in prime bankers' acceptances or commercial paper of more than 10% of the investment portfolio and more than 5% of the investment portfolio with a single issuer at the time of purchase. In addition, no more than 5% of all amounts invested in commercial paper and other short-term corporate debt shall be invested in paper and debt rated in the second highest classification at the time of purchase. As of June 30, 2021, the City's investments were not subject to concentration of credit risk. Custodial credit risk: For deposits, this is the risk that in the event of bank failure, the City's deposits may not be returned to it. For an investment, custodial credit risk is the risk that, in the event of the failure of the counterparty, the City will not be able to recover the value of its investments or collateral securities that are in the possession of an outside party. The City and Waterloo Water Works' deposits as of June 30, 2021 were entirely covered by federal depository insurance, National Credit Union insurance or by the State Sinking Fund in accordance with Chapter 12C of the Code of Iowa. This chapter provides for additional assessments against the depositories to ensure that there will be no loss of public funds. In addition, the City had no investments subject to custodial credit risk since the City does not hold the underlying investments. 44 Page 205 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 3. Leasing Activities Airport: The Waterloo Municipal Airport has entered into various operating leases with airlines, fixed base operators, auto lease companies, the airport hangar tenants, as well as farm airport land. These agreements range from month -to -month leases to longer -term leases with various specified terms. Some of these lease agreements contain cancellable conditions which eliminate any future guaranteed rentals or are contingent upon income produced by the lessee. The following is a schedule by years of the future minimum lease rentals to be received under these leases as of June 30: During the years ending June 30: 2022 $ 328,579 2023 54,969 2024 54,969 2025 8,756 2026 4,375 Total future minimum lease rentals to be received $ 451,648 Board of Regents, State of Iowa: The City has entered into a lease agreement with the Board of Regents, State of Iowa, for the former Chicago Great Western Depot building. The term of the lease is from August 21, 2001 through August 20, 2021 at a rate of $6,035 per month. The following is a schedule by years of the future minimum lease rentals to be received under the lease as of June 30: During the year ending June 30, 2022 $ 12,070 Waterloo Convention Center: The City contracted with Global Spectrum, L.P. d/b/a Spectra Venue Management, effective January 15, 2020 for management of the Convention Center operations. The initial term of the agreement expires June 30, 2025 and includes an optional extension period of five additional years and may be terminated with 90 days advance written notice if net operating income benchmarks (set annually) are not met in each of two consecutive operating years or by either party with thirty days written notice for failure to comply with the agreement. The agreement requires the city to pay Global Spectrum, L.P. a fixed management fee of $10,000 per month through June 30, 2025. In addition to the fixed fees, Global Spectrum, L.P. is eligible for qualitative and quantitative incentive fees based on performance. Global Spectrum, L.P. agreed to contribute $350,000 to be used for transition expenses, improvements or equipment at the Facility designed to increase Revenue. If the agreement is terminated prior to January 15, 2030, a portion of the contribution must be repaid to Global Spectrum, L.P. 45 Page 206 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 4. Loans and Notes Community Development Block Grant (CDBG) Loans: Low-income housing loans: The City has provided six loans for low-income housing projects, five of which have a below -market interest rate. All have minimal payments required each year until maturity. The balance of the six loans at June 30, 2021 was $1,073,132. Maturities range from September 2021 to August 2031. Cash received is program income and considered to be charges for services. Given the nature and collection history of the loans, the City has determined these amounts are uncollectible and has recorded an allowance for the full amount of the loans. Forgivable loans: The City, through its CDBG, HOME program, Economic Development Initiative program, Lead Paint Removal grant, federal and state Jumpstart funds and Iowans Helping Iowans funds, provides forgivable rehabilitation loans to low-income households. The loans are forgiven on a sliding scale over a five-year period, provided the home is not sold or abandoned. If the home is sold or abandoned, the City's lien against the property prevents a clear title transfer unless the unforgiven portion of the note is satisfied. As of June 30, 2021, the City had made 1,785 such loans totaling $35,685,790. The loan balances are considered forgivable and/or uncollectible by the City given the nature and terms of the loans and therefore, have not been recorded as assets on the balance sheet. Note 5. Interfund Activity The composition of interfund receivables and payables balances as of June 30, 2021 was as follows: Major governmental funds: General Nonmajor governmental funds Due From Due To $ 7,004,681 $ 7,004,681 Advances to and from other funds as of June 30, 2021, were as follows: $ 7,004,681 $ 7,004,681 Advances To Advances From Major governmental funds: General $ - $ 168,316 Road Use Tax 108,189 Nonmajor governmental funds 21,423 Major Enterprise Fund, sanitary sewer 27,003 Nonmajor Enterprise Fund, sanitation 11,701 $ 168,316 $ 168,316 46 Page 207 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 5. Interfund Activity (Continued) Interfund balances result from the time lag between the dates that (1) interfund goods and services are provided or reimbursable expenditures occur, (2) transactions are recorded in the accounting system and (3) payments between funds are made. The interfund receivables and payables are scheduled to be collected in the subsequent year whereas the interfund advances are not. Due to/from primary government and component units: Due to (from) governmental funds: Road use tax $ (6,059) Aggregate nonmajor 121,538 Due from Water Works 115,479 Due to enterprise funds: Sanitary sewer 1,008,037 Sanitation 564,170 Due from Waterloo Water Works 1,572,207 Total due from Water Works 1,687,686 Waterloo Water Works —due to primary government 1,564,776 Difference $ 122,910 The difference in the above amounts of $122,910 results from the different year ends of the entities as described in Note 1. Due to Waterloo Convention & Visitors Bureau, Inc. from General Fund $ 185,895 The following is a schedule of transfers as included in the basic financial statements of the City: Transfers In Transfers Out Major governmental funds: General $ 8,619,067 $ Trust and agency 8,619,067 Tax increment financing - 5,206,495 Nonmajor governmental funds 5,306,315 99,820 $ 13,925,382 $ 13,925,382 Transfers are used to move revenues from the fund that statute or budget requires to collect them to the fund that statute or budget requires to expend them. 47 Page 208 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 6. Capital Assets Capital asset activity for the year ended June 30, 2021 was as follows: Beginning Ending Balance Balance June 30, 2020 Additions Deletions Transfers June 30, 2021 Governmental Activities Capital assets, not being depreciated: Land $ 46,081,492 $ 22,875 $ - $ - $ 46,104,367 Land held for redevelopment 16,640,416 1,860,949 274,000 - 18,227,365 Construction -in -progress 16,004,764 40,344,938 - (9,897,684) 46,452,018 Total capital assets, not being depreciated 78,726,672 42,228,762 274,000 (9,897,684) 110,783,750 Capital assets, being depreciated: Buildings and improvements 137,409,130 79,723 1,652,937 1,428,154 137,264,070 Infrastructure 420,187,540 - 8,318,780 428,506,320 Vehicles, machinery, furniture and equipment 33,910,317 5,665,199 928,291 150,750 38,797,975 Software 817,293 - - 817,293 Total capital assets, being depreciated 592,324,280 5,744,922 2,581,228 9,897,684 605,385,658 Less accumulated depreciation for: Buildings and improvements 74,300,140 3,125,859 1,601,170 75,824,829 Infrastructure 174,877,411 10,646,118 - 185,523,529 Vehicles, machinery, furniture and equipment 24,379,284 2,235,752 911,593 25,703,443 Software 766,686 24,828 - 791,514 Total accumulated depreciation 274,323,521 16,032,557 2,512,763 287,843,315 Total capital assets, being depreciated, net 318,000,759 (10,287,635) 68,465 9,897,684 317,542,343 Governmental activities capital assets, net $ 396,727,431 $ 31,941,127 $ 342,465 $ - $ 428,326,093 48 Page 209 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 6. Capital Assets (Continued) Beginning Ending Balance Balance June 30, 2020 Additions Deletions Transfers June 30, 2021 Business -Type Activities Capital assets, not being depreciated: Land $ 657,900 $ 101,333 $ - $ - $ 759,233 Construction -in -progress 7,736,342 20,937,685 33,783 (3,279,736) 25,360,508 Total capital assets, not being depreciated 8,394,242 21,039,018 33,783 (3,279,736) 26,119,741 Capital assets, being depreciated: Buildings 71,699,337 - 71,699,337 Improvements other than buildings 68,687,192 - 3,279,736 71,966,928 Vehicles, machinery, furniture and equipment 13,825,416 909,561 41,341 14,693,636 Total capital assets, being depreciated 154,211,945 909,561 41,341 3,279,736 158,359,901 Less accumulated depreciation for: Buildings 29,070,832 1,413,166 - 30,483,998 Improvements other than buildings 20,777,922 1,373,746 - 22,151,668 Vehicles, machinery, furniture and equipment 8,906,485 1,050,154 41,341 9,915,298 Total accumulated depreciation 58,755,239 3,837,066 41,341 62,550,964 Total capital assets, being depreciated, net Business -type activities capital assets, net 95,456,706 (2,927,505) - 3,279,736 95,808,937 $ 103,850,948 $ 18,111,513 $ 33,783 $ - $ 121,928,678 49 Page 210 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 6. Capital Assets (Continued) Beginning Ending Balance Balance December 31, December 31, Discretely Presented Component Unit - 2020 Additions Deletions 2021 Waterloo Water Works Capital Assets Capital assets, not being depreciated: Land $ 472,362 $ - $ - $ 472,362 Construction -in -progress 3,967,250 1,013,563 (1,281,182) 3,699,631 Total capital assets, not being depreciated 4,439,612 1,013,563 (1,281,182) 4,171,993 Capital assets, being depreciated: Buildings and improvements Water supply and distribution systems Meters and equipment Machinery and equipment Total capital assets, being depreciated 1,799,537 - 35,299,456 1,860,410 1,179,260 63,453 3,927,453 219,610 42,205,706 2,143,473 (75,381) (75,381) 1,799,537 37,159,866 1,242,713 4,071,682 44,273,798 Less accumulated depreciation for: Buildings and improvements 926,982 25,388 952,370 Water supply and distribution systems 10,116,596 799,972 - 10,916,568 Meters and equipment 804,276 14,769 - 819,045 Machinery and equipment 2,276,785 266,017 (75,381) 2,467,421 Total accumulated depreciation 14,124,639 1,106,146 (75,381) 15,155,404 Total capital assets, being depreciated, net Net discretely presented component unit —Waterloo Water Works capital assets, net 28,081, 067 1,037,327 29,118, 394 $ 32,520,679 $ 2,050,890 $ (1,281,182) $ 33,290,387 Beginning Ending Balance Balance Discretely Presented Component Unit - June 30, 2020 Additions Deletions June 30, 2021 Waterloo Convention & Visitors Bureau, Inc. Capital assets, being depreciated: Equipment $ 130,104 $ $ $ 130,104 Leasehold improvements 125,924 125,924 Total capital assets, being depreciated 256,028 256,028 Less accumulated depreciation 207,806 13,049 220,855 Total capital assets, being depreciated, net $ 48,222 $ (13,049) $ $ 35,173 50 Page 211 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 6. Capital Assets (Continued) Depreciation expense was charged by the City as follows for the year ended June 30, 2021: Governmental activities: Public safety $ 930,563 Public works 12,858,909 Culture and recreation 1,980,566 Community and economic development 149,186 General government 113,333 Total governmental activities 16,032,557 Business -type activities: Sanitary sewer 3,443,779 Sanitation 393,287 Total business -type activities 3,837,066 Total primary government $ 19,869,623 Component unit —Waterloo Water Works $ 1,106,146 Component unit —Waterloo Convention & Visitors Bureau, Inc. $ 13,049 Note 7. Compensated Absences City employees accumulate vacation and sick leave hours for subsequent use or for payment upon termination or retirement. A calendar year is primarily used for the calculation of vacation pay benefits while sick leave utilizes the City's fiscal year. Vacation days for most bargaining unit employees must be taken or paid during the calendar year with limited exceptions. Nonbargaining unit employees may carry forward up to 10 days' vacation with proper approval. Upon termination, employees receive payment for unused vacation plus a payment for vacation hours accrued from January through the termination date. As of June 30, 2021, there was $3,517,883 accrued for vacation. Prior to July 1, 1984, sick leave was allowed to accumulate to a maximum of 240 days, except for police and fire personnel who could accumulate a maximum of 260 days. Any unused days as of July 1, 1984 were accumulated into a frozen sick leave bank. The days frozen in the bank are paid upon use, termination or retirement (except for library employees who will only be paid upon use). If paid upon retirement, the amount due to employees is computed as the amount equal to 60% of the total accumulated hours times the employee's current pay rate paid to employees. Retirees have the option of receiving the payout immediately or receiving it as an annuity over 60 months. Active employees could elect to receive a payout of 60% of their frozen sick dollars beginning in July 2001. As of June 30, 2021, there was $48,838 accrued for the frozen sick leave bank. After July 1, 1984, sick leave is allowed to accumulate up to 12 days per year. At the end of the year, 25% of any unused sick leave is rolled over to the employee's casual leave bank and the balance of 75% of the unused sick leave is added to the employee's sick leave storage bank for future use. The days accumulated in the bank after July 1, 1984 are not payable upon termination or retirement. Certain Fire Department employees are eligible to roll 75% of their unused sick leave, with the balance added to their sick leave storage bank. 51 Page 212 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 7. Compensated Absences (Continued) Certain employees can elect either to be paid overtime compensation or to accrue the hours as compensatory time, defined as additional time off from regular hours. Employees are required to be paid for these services upon termination of employment. Maximum hours eligible to be used later as compensatory time are limited by law and labor contracts. Governmental funds do not recognize these accumulations as expenditures until paid. As of June 30, 2021, there was $1,658,638 accrued for unused compensatory time, which includes unused sick leave and frozen sick leave bank. Employees are also eligible to receive pay -outs of a portion of unused casual leave. The accrued casual pay is reported as compensated absences in the applicable fund which includes $118,326 in governmental funds, as the liabilities are considered matured and are expected to be liquidated with expendable available financial resources, and $247 in an enterprise fund. Frozen sick leave, vacation pay and compensatory time liabilities are accrued when incurred in the government -wide and proprietary fund statements and reported as a liability. Note 8. Long -Term Liabilities The following is a summary of the changes in long-term liabilities for the year ended June 30, 2021: Due Within June 30, 2020 Additions Reductions June 30, 2021 One Year Governmental activities: General obligation bonds $ 85,980,000 $ 20,150,000 $ 15,045,000 $ 91,085,000 $ 8,960,000 Loans and notes (direct borrowing) 5,862,152 1,155,453 1,104,093 5,913,512 1,120,424 Capital lease 3,964,965 202,035 3,762,930 401,242 Compensated absences 4,970,231 3,860,748 3,821,769 5,009,210 3,247,849 Total OPEB liability 19,076,867 - 634,660 18,442,207 - Net pension liability—IPERS 11,435,190 1,875,564 13,310,754 - Net pension liability—MFPRSI 36,614,772 7,024,214 43,638,986 - Subtotal 163,939,212 38,030,944 20,807,557 181,162,599 13,729,515 Unamortized discounts (172,379) - (7,715) (164,664) - Bond premium 1,469,171 557,496 414,492 1,612,175 - Total long-term liabilities, governmental activities $ 165,236,004 $ 38,588,440 $ 21,214,334 $ 182,610,110 $ 13,729,515 Business -type activities: General obligation bonds $ 14,365,000 $ 2,830,000 $ 4,880,000 $ 12,315,000 $ 1,965,000 State revolving fund capital loans (direct borrowing) 2,030,495 15,800,709 427,473 17,403,731 1,217,240 Compensated absences 296,959 321,736 332,811 285,884 246,684 Total OPEB liability 2,954,732 - 132,389 2,822,343 - Net pension liability—IPERS 2,826,664 491,248 - 3,317,912 - Subtotal 22,473,850 19,443,693 5,772,673 36,144,870 3,428,924 Unamortized discounts (61,630) - (2,328) (59,302) - Bond premium 238,306 26,954 28,991 236,269 - Total long-term liabilities, business - type activities $ 22,650,526 $ 19,470,647 $ 5,799,336 $ 36,321,837 $ 3,428,924 Compensated absences and net pension and OPEB liabilities attributable to governmental activities are generally liquidated by the General Fund. 52 Page 213 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 8. Long -Term Liabilities (Continued) General obligation bonds and notes are direct obligations and pledge the full faith and credit of the City. Bonds are generally issued for the purpose of financing the acquisition and construction of major capital facilities or infrastructure. Debt indentures require that certain covenants relating to the maintenance and efficiency of the operating system, the rate structure, restrictions on borrowings, leasing or disposition of assets and minimum insurance coverage be adhered to. These covenants are: (a) the interest on the tax-exempt bonds are to be excludable from gross income for federal income tax purposes, (b) the annual report must be submitted within 270 days after year-end, and (c) the City must give notice of significant events including those events causing delinquency of payment, bond calls, defeasances of bonds, or rating changes of bonds no later than ten business days after the event. On June 22, 2021, the City issued $14,370,000 in tax-exempt General Obligation Bonds, Series 2021A, maturing June 1, 2022, through June 1, 2036, at a stated interest rate of 2 percent. This issue included a portion that refunded the balance outstanding of $2,885,000 of the Series 2012A bonds and $2,920,000 of the Series 2013A bonds. Total debt service requirements were reduced by $116,271, resulting in an economic gain of $112,312 or 3.893% for the 2012A bonds. Total debt service requirements were reduced by $195,971, resulting in an economic gain of $188,159, or 6.444% for the 2013A bonds. The City also issued $8,610,000 in taxable General Obligation Bonds, Series 2021B, maturing June 1, 2022, through June 1, 2036, at stated interest rates ranging from 0.2 percent to 2.2 percent. The taxable issue included a portion that refunded the balance outstanding of $3,525,000 of the Series 2013B bonds. Total debt service requirements for this issue were reduced by $303,770, which resulted in an economic gain of $290,556, or 8.243 percent. Reasons for issuances, outside of the portion that refunded existing debt, were to finance a variety of capital improvements, including Convention Center renovations and other facility improvements, construction of the Shaulis Road project, construction of the replacement bridges on Park Avenue and 11th Streets, sidewalks and trails, traffic safety improvements, as well as equipment and technology needs, leisure facilities, demolition of blighted properties and economic development purposes. 53 Page 214 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 8. Long -Term Liabilities (Continued) The City's outstanding general obligation long-term debt is as follows: Issue Date Outstanding Purpose Interest Rates June 30, 2021 Publicly issued long-term debt: June 2014 Tax -exempt -capital improvements/general 2.00 - 3.12 $ 3,810,000 June 2014 Taxable 1.00 - 4.00 3,205,000 June 2014 Refunding 2.00 570,000 June 2015 Tax -exempt -capital improvements/general 3.00 - 3.50 7,875,000 June 2015 Taxable 1.50 - 4.00 995,000 June 2016 Tax -exempt -capital improvements/general 2.00 - 2.25 5,025,000 June 2016 Taxable 0.80 - 3.10 1,285,000 June 2016 Taxable 0.90 - 3.40 7,465,000 June 2017 Tax -exempt -capital improvements/general 3.00 5,755,000 June 2017 Taxable 1.35 - 3.35 2,755,000 June 2017 Taxable -urban renewal 2.75 - 3.50 6,725,000 June 2018 Tax -exempt -capital improvements/general 3.00 7,240,000 June 2018 Taxable 2.50 - 3.50 780,000 June 2019 Tax -exempt -capital improvements/general 3.00 5,620,000 June 2019 Taxable 2.73 2,640,000 October2019 Refunding 2.00 1,955,000 October 2019 Taxable refunding 1.56 2,640,000 June 2020 Tax -exempt -capital improvements/general 2.00 6,605,000 June 2020 Taxable 1.52 7,475,000 June 2021 Tax -exempt -capital improvements/general; 2.00 14,370,000 refunding June 2021 Taxable -capital improvements general; refunding 1.56 8,610,000 $ 103,400,000 54 Page 215 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 8. Long -Term Liabilities (Continued) Annual debt service on general obligation and revenue bonds as of June 30, 2021 are as follows: GO Debt Service General Obligation Bonds Principal Interest Years ending June 30: 2022 $ 8,960,000 $ 2,220,181 2023 8,430,000 2,040,719 2024 8,665,000 1,848,485 2025 8,215,000 1,656,399 2026 8,710,000 4,118,670 2027-2031 35,445,000 4,388,742 2032-2036 12,660,000 919,246 $ 91,085,000 $ 17,192,442 Sanitary Sewer Enterprise General Obligation Bonds Principal Interest Years ending June 30: 2022 $ 1,965,000 $ 272,520 2023 1,930,000 233,666 2024 1,485,000 193,596 2025 1,805,000 153,821 2026 1,485,000 115,734 2027-2031 3,645,000 217,249 2032-2033 - 2,400 $ 12,315,000 $ 1,188,986 Loans and notes: The City has entered into development agreements including rebates of property taxes paid by other parties to the agreements. Most agreements include a set percentage of taxes paid for a specified number of years. The following agreements require a guaranteed amount of principal plus interest to be paid to the developer. As of June 30, 2021, the outstanding balance of these loans was $5,913,512. • Deer Creek Development, LLC, original loan amount of $1,896,017 plus interest at 7% through March 31, 2011 then at 4.75%, compounded semiannually. In fiscal year 2014, there were additions to the agreement of $6,130. Payable at $300,000 in fiscal year 2011 and semiannual payments of $100,000 are due beginning November 2011 until principal plus interest have been paid. The loan balance was $967,012 at June 30, 2021. • North Crossing Development, LLC, original loan amount of $7,000,000 plus interest at 1.81 % through September 1, 2025. Payable in annual payments of $1,000,000 are due beginning August 29, 2019 until principal plus interest have been paid. The loan balance was $3,831,049 at June 30, 2021. • Fusion Investments, LLC, original loan amount of $1,155,453 plus interest at 0.56%. Payable in annual payments of $40,000 are due beginning in fiscal year 2021, not to exceed a total of $1,200,000. The loan balance was $1,115,451 at June 30, 2021. 55 Page 216 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 8. Long -Term Liabilities (Continued) Other loans and notes: Other governmental activity loans and notes mature as follows: Governmental Activities Principal Interest Years ending June 30: 2022 $ 1,120,424 $ 146,634 2023 1,144,938 122,565 2024 1,170,045 97,767 2025 1,195,869 72,323 2026 357,927 66,898 2027-2031 924,309 16,319 $ 5,913,512 $ 522,506 State revolving fund capital notes: During fiscal years 2018 and 2019, the City entered into two agreements with the Iowa Finance Authority for Clean Water Revolving Loans with an approved loan amount totaling $3,677,000. During fiscal year 2021, the City entered into three additional agreements with a total approved loan amount of $25,452,000. During fiscal year 2021, the City made draws on these loans of $15,800,709. As of June 30, 2021, the notes had an outstanding balance of $17,403,731. The notes bear interest at 1.75%, with annual principal and interest payments through 2041. These notes mature as follows: Business -type activities Principal Interest Years ending June 30: 2022 $ 1,217,240 $ 487,762 2023 1,246,000 528,075 2024 1,270,000 503,338 2025 1,296,000 478,123 2026 1,320,000 452,393 2027-2031 7,007,000 1,858,175 2032-2036 3,705,491 477,469 2037-2040 342,000 14,080 Discretely presented component unit: Compensated absences $ 17,403,731 $ 4,799,415 Balance Balance Due Within December 31, 2019 Additions Deletions December 31, 2020 One Year $ 60,883 $ 64,162 $ 60,883 $ 64,162 $ 64,162 56 Page 217 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 8. Long -Term Liabilities (Continued) Capital lease: On April 12, 2021, the City entered into a 10-year capital lease agreement for police equipment, including body cameras and tasers. The lease bears interest at 0.56% and annual payments of principal and interest are due through the expiration of the lease term in April 2031. The following schedule reflects the future minimum lease payments together with the present value of the net minimum lease payments as of June 30, 2021: Governmental Activities Capital Lease Fiscal year ending: 2022 $ 422,918 2023 419,938 2024 419,938 2025 419,938 2026 438,578 2027-2013 1,754,312 Total minimum lease payments 3,875,622 Less amount representing interest (112,692) $ 3,762,930 Note 9. Operating Leases Effective July 1, 1999, the City's sanitary sewer operations entered into a five-year agreement for the management of biosolid by-products produced at the Wastewater Treatment Facility. The agreement included the lease of a storage facility. This lease was extended on October 14, 2019 for another five- year period, at a monthly rental of $4,900. Rental expense for all material operating leases was $149,900 for the year ended June 30, 2021. Cedar Valley SportsPlex: The Cedar Valley SportsPlex, a 125,000 square foot recreational facility that includes indoor soccer fields, gyms, a leisure pool, fitness facility, running track and multi -purpose activity spaces, opened in January 2014. The facility is a joint project of the City and the Waterloo Development Corporation. The Waterloo Development Corporation raised the funds, through a combination of private donations and grants from the Black Hawk County Gaming Association, to construct the $23 million facility. The City acquired the property where the facility is located and signed a lease purchase agreement to operate the facility for $100 per year. The lease purchase agreement gave the City the option to take ownership of the facility at the end of the lease term or to cease operating the facility at that time. In August 2014, the lease agreement was amended to remove that option, so the property will automatically transfer to the City at the end of the lease term. The Waterloo Development Corporation signed an agreement with the City which guarantees that the fundraising for construction will be completed. Because there was an automatic transfer of the assets at the end of the term of the agreement, and that future lease payments to the Waterloo Development Corporation are nominal, the City has no capital contribution to report for the year ended June 30, 2021, and no capital lease liability as of June 30, 2021. The Leisure Services department of the General Fund is operating the facility with the intent for it to be self-supporting. 57 Page 218 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 10. Retirement Systems The City contributes to two employee retirement systems, the Iowa Public Employees Retirement System (IPERS) and the Municipal Fire and Police Retirement System of Iowa (MFPRSI). IPERS is administered by the State of Iowa. MFPRSI is governed by a nine -member Board of Trustees. Though separate and apart from state government, the Board is authorized by the state legislature, which also establishes by statue the pension and disability benefits and the System's funding mechanism. All full-time employees must participate in either IPERS or MFPRSI. Below is a summary of amounts reported by the City as of and for the year ended June 30, 2021: Net pension liability Deferred outflow of resources Deferred inflow of resources Pension expense Iowa Public Employees' Retirement System: IPERS MFPRSI Total $ 16,628,664 3,764,062 779,379 717,579 $ 43,638,986 13,261,770 877,843 3,410,425 $ 60,267,650 17,025,832 1,657,222 4,128,004 Plan description: Employees of the City are provided with pensions through the Iowa Public Employees Retirement System (IPERS)—a cost -sharing multiple -employer defined benefit pension plan administered by the State of Iowa. IPERS provides retirement and death benefits which are established by State statute to plan members and beneficiaries. IPERS issues a publicly available financial report that includes financial statements and required supplementary information. The report may be obtained by writing to IPERS, P.O. Box 9117, Des Moines, Iowa, 50306-9117. Benefits provided: IPERS provides retirement, disability and death benefits. Retirement benefits are determined based on the employee's highest five-year average salary and a multiplier based on the years of service. Employees are eligible for full retirement age 65; at age 62 with at least 20 years of covered employment or when the years of service plus the employee's age equals or exceeds 88. Four years of service is required for nonservice-related disability eligibility. Disability benefits are determined in the same manner as retirement benefits but are payable immediately without an actuarial reduction. Death benefits are calculated based on the actuarial present value of the employee's accrued benefit at the time of death or a calculation based on the employee's contributions, highest covered annual wage and years of service. Contributions: Per Iowa Code Section 97B.4(4)(d) the required contribution rate is determined by the IPERS actuary as the rate necessary to fully fund the benefits as defined by Iowa Code Chapter 97B. Employees are required to contribute 6.29% of their annual pay. The City contractually required contribution rate for the year ended June 30, 2021, was 9.44% of annual payroll, actuarially determined as an amount that, when combined with employee contributions, is expected to finance the costs of benefits earned by employees during the year, with an additional amount to finance any unfunded accrued liability. Contributions to the pension plan from the City were $1,792,019 for the year ended June 30, 2021. Pension liabilities, pension expense, and deferred inflow and outflows of resources related to pensions: At June 30, 2021, the City reported a liability of $16,628,664 for its proportionate share of the net pension liability. The net pension liability was measured as of June 30, 2020, and the total pension liability used to calculate the net pension liability was determined by an actuarial valuation as of that date. The City's proportion of the net pension liability was based on a projection of the City's long-term share of contributions to the pension plan relative to the projected contributions of all participating governments, actuarially determined. At June 30, 2020, the City's proportion was 0.238378%, a decrease of .007913% from the City's proportion at June 30, 2020. 58 Page 219 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 10. Retirement Systems (Continued) For the year ended June 30, 2021, the City recognized pension expense of $717,579. At June 30, 2021, the City reported deferred outflows of resources and deferred inflows of resources related to pensions from the following sources: Deferred Deferred Outflows of Inflows of Resources Resources Differences between expected and actual experience $ 18,370 $ (394,142) Changes of assumptions 853,544 Net difference between projected and actual earnings on pension plan investments 934,795 Changes in proportion and differences between City contributions and proportionate share of contributions 165,334 (385,237) Total deferred amounts to be recognized in pension expense in future periods 1,972,043 (779,379) City contributions subsequent to the measurement date 1,792,019 Total deferred amounts related to pensions $ 3,764,062 $ (779,379) $1,792,019 reported as deferred outflows of resources related to pensions resulting from City contributions subsequent to the measurement date will be recognized as a reduction of the net pension liability in the year ended June 30, 2022. The deferred outflows and deferred inflows resulting from the difference between projected and actual earnings on pension plan investments will be recognized as a reduction of pension expense over five years. The other deferred inflows and outflows will be recognized in pension expense using the average expected remaining service lives of all IPERS members. The average is determined by taking the calculated total future service years of the Plan divided by the number of the people in the Plan including retirees. Deferred outflows of resources and deferred inflows of resources will be recognized in pension expense as follows: Years ended June 30: 2022 $ 155,934 2023 295,536 2024 292,319 2025 487,928 2026 (39,053) $ 1,192,664 59 Page 220 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 10. Retirement Systems (Continued) Actuarial assumptions: The total pension liability was determined by an actuarial valuation as of June 30, 2020, using the following actuarial assumptions, applied to all periods included in the measurement: Rate of inflation 2.60% per annum (effective June 30, 2020) Rates of salary increases 3.25% to 16.25%, average, including inflation. (effective June 30, 2020) Rates vary by membership group. Long-term effective investment rate of return 7.00%, compounded annually, net of investment (effective June 30, 2020) expense, including inflation. Wage growth 3.25%, per annum, based on 2.60% (effective June 30, 2020) inflation and 0.65% real wage inflation. Mortality rates were based on the RP-2014 Employee and Health Annuitant Tables with MP 2017 generational economic adjustments. The actuarial assumptions used in the June 30, 2020 valuation were based on the results of an assumption study dated March 24, 2017 and demographic assumption study dated June 28, 2018. The long-term expected rate of return on pension plan investments was determined using a building-block method in which best -estimate ranges of expected future real rates of return (expected returns, net of pension plan investment expense and inflation) are developed for each major asset class. These ranges are combined to produce the long-term expected rate of return by weighting the expected future real rates of return by the target asset allocation percentage and by adding expected inflation. The target allocation and best estimates of arithmetic real rates of return for each major asset class are summarized in the following table: Asset Class Asset Allocation Long -Term Expected Real Rate of Return Core -plus fixed income 27.0% 1.71 % Domestic equity 22.0 5.60 Global smart beta equity 3.0 5.82 International equity 15.0 6.08 Private equity 11.0 10.31 Private real assets 7.5 4.76 Public real assets 7.0 2.81 Public credit 3.5 3.32 Private credit 3.0 3.01 Cash 1.0 (0.21) 100.0% 60 Page 221 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 10. Retirement Systems (Continued) Discount rate: The discount rate used to measure the total pension liability was 7.00%. The projection of cash flows used to determine the discount rate assumed that employee contributions will be made at the current contribution rate and that contributions from cities will be made at contractually required rates, actuarially determined. Based on those assumptions, the pension plan's fiduciary net position was projected to be available to make all projected future benefit payments of current active and inactive employees. Therefore, the long-term expected rate of return on pension plan investments was applied to all periods of projected benefit payments to determine the total pension liability. Sensitivity of the City's proportionate share of the net pension liability to changes in the discount rate: The following presents the City's proportionate share of the net pension liability calculated using the discount rate of 7.00%, as well as what the City's proportionate share of the net pension liability would be if it were calculated using a discount rate that is 1-percentage-point lower (6.00%) or 1-percentage-point higher (8.00%) than the current rate: 1% Decrease (6.00%) Discount Rate (7.00 %) 1% Increase (8.00 %) City's proportionate share of the net pension liability $ 27,726,894 $ 16,628,664 $ 7,322,968 Pension plan fiduciary net position. Detailed information about the pension plan's fiduciary net position is available in the separately issued IPERS financial report; which can be located at www.ipers.orq. Municipal Fire and Police Retirement System of Iowa Plan description: MFPRSI membership is mandatory for fire fighters and police officers covered by the provisions of Chapter 411 of the Code of Iowa. Employees of the City are provided with pensions through a cost -sharing multiple employer defined benefit pension plan administered by MFPRSI. MFPRSI issues a stand-alone financial report which is available to the public by mail at 7155 Lake Drive, Suite #201, West Des Moines, Iowa 50266 or at www.mfprsi.org. MFPRSI benefits are established under Chapter 411 of the Code of Iowa and the administrative rules thereunder. Chapter 411 of the Code of Iowa and the administrative rules are the official plan documents. The following brief description is provided for general informational purposes only. Refer to the plan documents for more information. Pension benefits: Members with 4 or more years of service are entitled to pension benefits beginning at age 55. Full service retirement benefits are granted to members with 22 years of service, while partial benefits are available to those members with 4 to 22 years of service based on the ratio of years completed to years required (i.e., 22 years). Members with less than 4 years of service are entitled to a refund of their contribution only, with interest, for the period of employment. Benefits are calculated based upon the member's highest 3 years of compensation. The average of these 3 years becomes the member's average final compensation. The base benefit is 66% of the member's average final compensation. Additional benefits are available to members who perform more than 22 years of service (2% for each additional year of service, up to a maximum of 8 years). Survivor benefits are available to the beneficiary of a retired member according to the provisions of the benefit option chosen plus an additional benefit for each child. Survivor benefits are subject to a minimum benefit for those members who chose the basic benefit with a 50% surviving spouse benefit. 61 Page 222 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 10. Retirement Systems (Continued) Active members, at least 55 years of age, with 22 or more years of service have the option to participate in the Deferred Retirement Option Program (DROP). The DROP is an arrangement whereby a member who is otherwise eligible to retire and commence benefits opts to continue to work. A member can elect a 3, 4, or 5 year DROP period. By electing to participate in DROP the member is signing a contract indicating the member will retire at the end of the selected DROP period. During the DROP period the member's retirement benefit is frozen and a DROP benefit is credited to a DROP account established for the member. Assuming the member completes the DROP period, the DROP benefit is equal to 52% of the member's retirement benefit at the member's earliest date eligible and 100% if the member delays enrollment for 24 months. At the member's actual date of retirement, the member's DROP account will be distributed to the member in the form of a lump sum or rollover to an eligible plan. Disability and death benefits: Disability coverage is broken down into two types, accidental and ordinary. Accidental disability is defined as permanent disability incurred in the line of duty, with benefits equivalent to the greater of 60% of the member's average final compensation or the member's service retirement benefit calculation amount. Ordinary disability occurs outside the call of duty and pays benefits equivalent to the greater of 50% of the member's average final compensation, for those with 5 or more years of service, or the member's service retirement benefit calculation amount, and 25% of average final compensation for those with less than 5 years of service. Death benefits are similar to disability benefits. Benefits for accidental death are 50% of the average final compensation of the member plus an additional amount for each child, or the provisions for ordinary death. Ordinary death benefits consist of a pension equal to 40% of the average final compensation of the member plus an additional amount for each child, or a lump -sum distribution to the designated beneficiary equal to 50% of the previous year's earnable compensation of the member or equal to the amount of the member's total contributions plus interest. Benefits are increased (escalated) annually in accordance with Chapter 411.6 of the Code of Iowa which states a standard formula for the increases. The surviving spouse or dependents of an active member who dies due to a traumatic personal injury incurred in the line of duty receives a $100,000 lump -sum payment. Contributions: Member contribution rates are set by state statute. In accordance with Chapter 411 of the Code of Iowa as modified by act of the 1994 General Assembly, to establish compliance with the Federal Older Workers Benefit Protections Act, the contribution rate was 9.40% of earnable compensation for the year ended June 30, 2021. Employer contribution rates are based upon an actuarially determined normal contribution rate and set by state statute. The required actuarially determined contributions are calculated on the basis of the entry age normal method as adopted by the Board of Trustees as permitted under Chapter 411 of the Code of Iowa. The normal contribution rate is provided by state statute to be the actuarial liabilities of the plan less current plan assets, with such total divided by 1 % of the actuarially determined present value of prospective future compensation of all members, further reduced by member contributions and state appropriations. Under the Code of Iowa the employer's contribution rate cannot be less than 17% of earnable compensation. The City's contribution rate was 25.31 % for the year ended June 30, 2021. The City's contributions to MFPRSI for the year ended June 30, 2021 were $4,528,152. 62 Page 223 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 10. Retirement Systems (Continued) If approved by the state legislature, state appropriation may further reduce the employer's contribution rate, but not below the minimum statutory contribution rate of 17% of earnable compensation. The State of Iowa therefore is considered to be a nonemployer contributing entity in accordance with the provisions of the Governmental Accounting Standards Board Statement No. 67—Financial Reporting for Pension Plans, (GASB 67). There were no state appropriations to MFPRSI during their fiscal year ended June 30, 2021. Net pension liabilities, pension expense, and deferred inflows and outflows of resources related to pensions: At June 30, 2021, the City reported a liability of $43,638,986 for its proportionate share of the net pension liability. The net pension liability was measured as of June 30, 2020, and the total pension liability used to calculate the net pension liability was determined by an actuarial valuation as of that date. The City's proportion of the net pension liability was based on the City's share of contributions to the pension plan relative to the contributions of all MFPRSI participating employers. At June 30, 2020, the City's proportion was 5.471285%, a decrease of 0.11086% from the City's proportion at June 30, 2019. For the year ended June 30, 2021, the City recognized pension expense of $3,410,425. At June 30, 2021, the City reported deferred outflows of resources and deferred inflows of resources related to pensions from the following sources: Deferred Deferred Outflows of Inflows of Resources Resources Differences between expected and actual experience $ 1,199,834 $ (237,050) Changes of assumptions 1,080,988 (52,065) Net difference between projected and actual earnings on pension plan investments 6,419,812 Changes in proportion and differences between City contributions and proportionate share of contributions 32,983 (588,728) Total deferred amounts to be recognized in pension expense in future periods 8,733,617 (877,843) City contributions subsequent to the measurement date 4,528,153 - Total deferred amounts related to pensions $ 13,261,770 $ (877,843) 63 Page 224 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 10. Retirement Systems (Continued) $4,528,153 reported as deferred outflows of resources related to pensions resulting from City contributions subsequent to the measurement date will be recognized as a reduction of the net pension liability in the year ended June 30, 2022. The deferred outflows and deferred inflows resulting from the difference between projected and actual earnings on pension plan investments will be recognized as a reduction of pension expense over five years. The other deferred inflows and outflows will be recognized in pension expense using the average expected remaining service lives of all MFPRSI members. The average is determined by taking the calculated total future service years of the Plan divided by the number of the people in the Plan including retirees. Deferred outflows of resources and deferred inflows of resources will be recognized in pension expense as follows: Years ended June 30: 2022 $ 1,727,682 2023 2,458,162 2024 2,198,809 2025 1,477,244 2026 (6,123) $ 7,855,774 Actuarial assumptions: The total pension liability in the June 30, 2020, actuarial valuation was determined using the following actuarial assumptions, applied to all periods included in the measurement: Inflation 3.00% Salary increases 3.75% to 15.11%, average, including inflation. Investment rate of return 7.50%, net of pension plan investment expense, including inflation The actuarial assumptions used in the June 30, 2020 valuation were based on the results of an actuarial experience study for the period from July 1, 2007 to June 30, 2017. Mortality rates were based on RP 2014 Blue Collar Combined Healthy table with males set -forward zero years, females set -forward two year and disabled set -forward three year (males only rates), with generational projection of future mortality improvement with 50% of Scale BB beginning 2017. The long-term expected rate of return on pension plan investments was determined using a building-block method in which best -estimate ranges of expected future real rates (i.e., expected returns, net of pension plan investment expense and inflation) are developed for each major asset class. These ranges are combined to produce the long-term expected rate of return by weighting the expected future real rates of return by the target asset allocation percentage and by adding expected inflation. 64 Page 225 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 10. Retirement Systems (Continued) The target allocation and best estimates of geometric real rates of return for each major asset class are summarized in the following table: Asset Class Long -Term Asset Expected Real Allocation Rate of Return Large cap Small cap International large cap Core plus fixed income Emerging markets Emerging market debt Master limited partnerships Core Investments Private Equity/Debt Private core real estate Private non -core real estate Real Estate Tactial Asset Allocation 40.00% 15.00 10.00 35.00 100.00% 5.50% 5.80 7.30 3.30 9.00 6.30 9.00 9.00 6.00 8.00 6.40 Discount rate: The discount rate used to measure the total pension liability was 7.5%. The projection of cash flows used to determine the discount rate assumed that contributions will be made at 9.40% of covered payroll and the City contributions will be made at rates equal to the difference between actuarially determined rates and the member rate. Based on those assumptions, the pension plan's fiduciary net position was projected to be available to make all projected future benefit payments of current plan members. Therefore, the long-term expected rate of return on pension plan investments was applied to all periods of projected benefit payments to determine the total pension liability. Sensitivity of City's proportionate share of the net pension liability to changes in the discount rate: The following presents the City's proportionate share of the net pension liability calculated using the discount rate of 7.50%, as well as what the city's proportionate share of the net pension liability would be if it were calculated using a discount rate that is 1-percentage-point lower (6.50%) or 1-percentage-point higher (8.50%) than the current rate. 1% Decrease (6.50%) Discount Rate (7.50 %) 1% Increase (8.50 %) City's proportionate share of the net pension liability $ 66,933,711 $ 43,638,986 $ 24,343,548 Component unit: Waterloo Water Works contributes to the Waterloo Water Works Pension Plan (WWW Plan) and the Iowa Public Employees' Retirement System (IPERS). 65 Page 226 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 10. Retirement Systems (Continued) Waterloo Water Works Pension Plan: Plan description: The Waterloo Water Works Pension Plan is a single -employer defined benefit plan administered by the Pension Committee of Waterloo Water Works. The WWW Plan provides retirement benefits to plan members and beneficiaries. No new WWW Plan members were allowed after December 31, 2007. The WWW Plan does not issue a stand-alone financial report. The actuarial report on the Plan is held at the Waterloo Water Work's office. The following brief description is provided for general informational purposes only. Refer to the WWW Plan documents for more information. Pension benefits: Retirement benefits are calculated using the highest three consecutive years of pensionable earnings during the last ten years of employment. The accrued benefit is determined to be 60% of average compensation, reduced if years of service is less than thirty years. Normal retirement age is 65. Married members may receive a benefit for life; however, members are required by law to receive a reduced qualified joint and survivor benefit, unless formally elected otherwise. In no event shall pensionable earnings exceed the limitation specified in Section 401(a)(17) of the Internal Revenue Code. Cost -of -living adjustments are provided to members and beneficiaries at the discretion of the Committee. As of December 31, the following members were covered by the WWW Plan: Inactive plan members and beneficiaries currently receiving benefits 36 Inactive plan members entitled to but not yet receiving benefits 1 Active plan members 11 Total members 48 Contributions: The contribution requirements of the Plan members (employees) and Waterloo Water Works are established and may be amended by Waterloo Water Works. Mandatory contributions to the WWW Plan by WWW Plan members are equal to the IPERS rate effective January 1 of the previous year, 6.29% for the year ending December 31, 2020. Prior to 2010, WWW Plan member contributions were not required and Waterloo Water Works made all the required contributions. Beginning January 1, 2010, WWW Plan members were required to contribute one-third of the full contribution rate of 4.1 % and Waterloo Water Works paid the rest of the required contribution. As of January 1, 2011, WWW Plan members were required to contribute two-thirds of the full contribution rate of 4.3% and beginning January 1, 2012, WWW Plan members were required to contribute all of the mandatory contributions. The Waterloo Water Works Board of Trustees has approved Waterloo Water Works contributions to the Plan in excess of the amount determined annually by the actuary in an effort to eliminate over time the net pension liability as computed by the actuary. 66 Page 227 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 10. Retirement Systems (Continued) Net pension liabilities, pension expense and deferred outflows of resources and deferred inflows of resources related to pensions: At December 31, 2020, the Water Works' recognized pension expense of $98,041. At December 31, 2020, the Water Works' reported deferred outflows of resources and deferred inflows of resources related to pensions from the following sources: Deferred Deferred Outflows of Inflows of Resources Resources Differences between expected and actual experience $ $ (97,416) Changes of assumptions 157,616 - Net difference between projected and actual earnings on pension plan investments (919,464) Total deferred amounts related to pensions $ 157,616 $ (1,016,880) Amounts reported as deferred outflows of resources and deferred inflows or resources will be recognized in pension expense as follows: Years ending December 31: 2021 $ (188,104) 2022 (170,465) 2023 (363,734) 2024 (136,961) Total $ (859,264) Actuarial assumptions: The Waterloo Water Works' net pension liability was measured as of December 31, 2020, and the total pension liability used to calculate the net pension liability was determined by an actuarial valuation as of that date. The total pension liability in the December 31, 2020 was determined using the following actuarial assumptions, applied to all periods included in the measurement: Rate of inflation Rates of salary increases Long-term investment rate of return 2.50% per annum 3.00% per annum 7.00%, compounded annually, net of investment expenses. 67 Page 228 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 10. Retirement Systems (Continued) The actuarial assumptions used in the December 31, 2020 valuation were based on the results of an actuarial experience study for the period January 1, 2019 through December 31, 2019. In addition, mortality rates were based on 2020 IRS Combined Mortality Table as appropriate. The long-term expected rate of return on WWW Plan investments was determined using a building-block method in which expected future real rates of return (expected returns, net of pension plan investment expense and inflation) are developed for each major asset class. These expected future real rates of return are combined to produce the long-term expected rate of return by weighting the expected future real rates of return by the target asset allocation percentage and by adding expected inflation. Best estimates of arithmetic real rates of return for each major asset class included in the WWW Plan's target asset allocation as of December 31, 2020 are summarized in the following table: Long -Term Target Expected Real Allocation Rate of Return Asset Class: Cash and fixed income 28% 0.045% Equity large cap 56 4.50 Equity mid cap 9 4.70 Equity small cap 7 4.70 Real estate 3.75 Total 100% Discount rate: The discount rate used to measure the total pension liability was 7.00%. The projection of cash flows used to determine the discount rate assumed that WWW Plan member contributions will be made at the current contribution rate and that contributions will be made at rates equal to the differences between actuarially determined contribution rates and the member rate. Professional judgement on future contributions has been applied in those cases where contribution patterns deviate from the actuarially determined rates. Based on those assumptions the WWW Plan's fiduciary net position was projected to be available to make all projected future benefit payments of current plan members. Therefore, the long- term expected rate of return on pension plan investments was applied to all periods of projected benefit. Sensitivity of the net pension liability to changes in the discount rate: The following presents the net pension liability calculated using the discount rate of 7.00%, as well as what the net pension liability would be if it were calculated using a discount rate that is 1-percentage-point lower, or 1-percentage-point higher than the current rate: 1 % Decrease (6.00%) Discount Rate (7.00%) 1% Increase (8.00%) Net pension liability (asset) $ 1,488,064 $ 678,763 $ (21,923) 68 Page 229 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 10. Retirement Systems (Continued) Changes in Waterloo Water Works' net pension liability: Changes in the Waterloo Water Works' net pension liability for the year ended December 31, 2019 were as follows: Total Plan Net Pension Fiduciary Net Pension Liability Position Liability Balance, beginning of year $ 9,037,366 $ 7,319,079 $ 1,718,287 Changes for the year: Service cost 55,720 - 55,720 Interest 645,354 645,354 Difference between expected and actual experience (194,832) (194,832) Changes in assumptions 315,233 - 315,233 Contributions, employer - 591,000 (591,000) Contributions, member - 48,602 (48,602) Net investment income - 1,221,397 (1,221,397) Benefit payments including refunds of employee contributions (677,004) (677,004) - Balance, end of year $ 9,181,837 $ 8,503,074 $ 678,763 Payables to the Waterloo Water Works' Plan: All required Waterloo Water Works contributions and required employee contributions which had been withheld from employee wages were remitted to the WWW Plan by December 31, 2020. IPERS—Waterloo Water Works: Plan Description: IPERS membership is mandatory for employees of Waterloo Water Works, except for those covered by another retirement system. Employees of Waterloo Water Works are provided with pensions through a cost -sharing multiple -employer defined benefit pension plan administered by IPERS. IPERS issues a stand-alone financial report which is available to the public by mail at 7401 Register Drive, P.O. Box 9117, Des Moines, IA 50306-9117 or at www.ipers.orq. IPERS benefits are established under Iowa Code Chapter 97B and the administrative rules thereunder. Chapter 97B and the administrative rules are the official plan documents. The following brief description is provided for general information purposes only. Refer to the plan documents for more information. 69 Page 230 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 10. Retirement Systems (Continued) Pension benefits: A regular member may retire at normal retirement age and receive monthly benefits without an early -retirement reduction. Normal retirement age is age 65, any time after reaching age 62 with 20 or more years of covered employment, or when the member's years of service plus the member's age at the last birthday equals or exceeds 88, whichever comes first. (These qualifications must be met on the member's first month of entitlement to benefits.) Members cannot begin receiving retirement benefits before age 55. The formula used to calculate a regular member's monthly IPERS benefit includes: • A multiplier (based on years of service). • The member's highest five-year average salary. (For members with service before June 30, 2012, the highest of three-year average salary as of that date will be used if it is greater than the highest five- year average salary). If a member retires before normal retirement age, the member's monthly retirement benefit will be permanently reduced by an early -retirement reduction. The early -retirement reduction is calculated differently for service earned before and after July 1, 2012, the reduction is 0.50% for each month that the member receives benefits before age 65. Generally, once a member selects a benefit option, a monthly benefit is calculated and remains the same for the rest of the member's lifetime. However, to combat the effects of inflation, retirees who began receiving benefits prior to July 1, 1990 receive a guaranteed dividend with their regular November benefit payments. Disability and death benefits: A vested member who is awarded federal Social Security disability or Railroad Retirement disability benefits is eligible to claim IPERS benefits regardless of age. Disability benefits are not reduced for early retirement. If a member dies before retirement, the member's beneficiary will receive a lifetime annuity or a lump -sum payment equal to the present actuarial value of the member's accrued benefit or calculated with a set formula, whichever is greater. When a member dies after retirement, death benefits depend on the benefit option the member selected at retirement. Contributions: Contribution rates are established by IPERS following the annual actuarial valuation, which applies IPERS' Contribution Rate Funding Policy and Actuarial Amortization Method. Statute limits the amount rates can increase or decrease each year to one percentage point. IPERS' Contribution Rate Funding Policy requires that the actuarial contribution rate be determined using the "entry age normal" actuarial cost method and the actuarial assumptions and methods approved by the IPERS Investment Board. The actuarial contribution rate covers normal cost plus the unfunded actuarial liability payment based on a 30-year amortization period. The payment to amortize the unfunded actuarial liability is determined as a level percentage of payroll, based on the Actuarial Amortization Method adopted by the Investment Board. In fiscal year 2020, pursuant to the required rate, regular members contributed 6.29% of covered payroll and Waterloo Water Works contributed 9.44% of covered payroll for a total rate of 15.73%. 70 Page 231 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 10. Retirement Systems (Continued) The Waterloo Water Works' contributions to IPERS for the year ended December 31, 2020 were $153,186. As December 31, 2020, the Waterloo Water Works' liability for its proportionate share of the net pension liability totaled $1,220,674. The net pension liability was measured as of June 30, 2020, and the total pension liability used to calculate the net pension liability was determined by an actuarial valuation as of that date. The Water Works' proportion of the net pension liability was based on the Water Works' share of contributions to the pension plan relative to the contributions of all IPERS participating employers. At June 30, 2020, the Water Works' collective proportion was 0.017377%, which was an increase of 0.000940% from its proportion measured as of June 30, 2019. For the year ended December 31, 2020, the Water Works recognized pension expense of $71,365. At December 31, 2020, the Water Works reported deferred outflows of resources and deferred inflows of resources related to pensions from the following sources: Differences between expected and actual experience Changes of assumptions Net difference between projected and actual earnings on IPERS' investments Changes in proportion and differences between Water Works contributions and proportionate share of contributions Total deferred amounts to be recognized in pension expense in future periods Water Works contributions subsequent to the measurement date Total deferred amounts related to pensions Deferred Outflows of Resources Deferred Inflows of Resources $ 1,348 $ 62,657 68,622 98,547 (28,933) (18,034) 231,174 (46,967) 84,470 $ 315,644 $ (46,967) Deferred outflows of resources related to pensions of $84,470 represent the amount Waterloo Water Works contributed subsequent to the measurement date and will be recognized as a reduction of the net pension liability in the year ended December 31, 2021. Other amounts reported as deferred outflows of resources and deferred inflows of resources related to pensions will be recognized in pension expense as follows: Years ended December 31: 2021 2022 2023 2024 2025 There were no nonemployer contributing entities at IPERS. $ 47,203 46,862 34,462 49,723 5,957 $ 184,207 71 Page 232 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 10. Retirement Systems (Continued) Actuarial assumptions: The total pension liability in the June 30, 2020 actuarial valuation was determined using the following actuarial assumptions, applied to all periods included in the measurements: The actuarial assumptions used in the June 30, 2020 valuation were based on the results of actuarial experience study dated June 28, 2018. Rate of inflation 2.60% per annum (effective June 30, 2020) Rates of salary increases 3.25% to 16.25%, average, including inflation. (effective June 30, 2020) Rates vary by membership group. Long-term effective investment rate of return 7.00%, compounded annually, net of investment (effective June 30, 2020) expense, including inflation. Wage growth 3.25%, per annum, based on 2.60% (effective June 30, 2020) inflation and 0.65% real wage inflation. Mortality rates were based on the RP-2014 Employee and Healthy Annuitant Tables with MP-2017 generational adjustments. The long-term expected rate of return on IPERS' investments was determined using a building-block method in which best -estimate ranges of expected future real rates (expected returns, net of investment expense and inflation) are developed for each major asset class. These ranges are combined to produce the long-term expected rate of return by weighting the expected future real rates of return by the target asset allocation percentage and by adding expected inflation. The target allocation and best estimates of arithmetic real rates of return for each major asset class are summarized in the following table: Asset Class Asset Allocation Long -Term Expected Real Rate of Return Core -plus fixed income 27.0% 1.71 % Domestic equity 22.0 5.60 Global smart beta equity 3.0 5.82 International equity 15.0 6.08 Private equity 11.0 10.31 Private real assets 7.5 4.76 Public real assets 7.0 2.81 Public credit 3.5 3.32 Private credit 3.0 3.01 Cash 1.0 (0.21) 100.0% 72 Page 233 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 10. Retirement Systems (Continued) Discount rate: The discount rate used to measure the total pension liability was 7.0%. The projection of cash flows used to determine the discount rate assumed that employee contributions will be made at the contractually required rate and that contributions from Waterloo Water Works will be made at contractually required rates, actuarially determined. Based on those assumptions, the pension plan's fiduciary net position was projected to be available to make all projected future benefit payments of current active and inactive employees. Therefore, the long-term rate of return on pension plan investments was applied to all periods of projected benefit payments to determine the total pension liability. Sensitivity of the Waterloo Water Works' proportionate share of the net pension liability to changes in the discount rate: The following presents the Waterloo Water Works' proportionate share of the net pension liability calculated using the discount rate of 7.00%, as well as what the Waterloo Water Works' proportionate share of the net pension liability would be if it were calculated using a discount rate that is 1-percentage-point lower (6.00%) or 1-percentage-point higher (8.00%) than the current rate. Water Work's proportionate share of the net pension liability 1% Decrease (6.00%) Discount Rate (7.00%) 1% Increase (8.00%) $ 2,035,370 $ 1,220,674 $ 537,563 IPERS' Fiduciary net position: Detailed information about the IPERS' fiduciary net position is available in the separately issued IPERS financial report which is available on IPERS' website at www.ipers.orq. Payables to the pension plan: At December 31, 2020, Waterloo Water Works reported payables to IPERS of $18,515 for legally required Waterloo Water Works' contributions and $12,337 for legally required Waterloo Water Works' contributions which had been withheld from employee wages but not yet remitted to IPERS. Note 11. Deficit Fund Balances Funds with deficit balances as of June 30, 2021 were as follows: Nonmajor governmental: Special revenue: Grants Capital projects, Capital Improvements $ 1,353,868 5,480,868 The deficit of the above funds are expected to be eliminated through future transfers from other funds, grant proceeds or bond proceeds. 73 Page 234 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 12. Commitments Construction: The City is involved in construction of capital assets, mainly streets, riverfront improvements and Brownfields reconstruction. Much of the construction is partially funded through federal, state and local grants and donations. City participation in the programs is generally funded through proceeds of debt issues and local option taxes. As of June 30, 2021, the City was committed to approximately $42.2 million of construction contracts. Property tax rebates: The City has entered into a number of development agreements with various businesses located in City tax increment financing districts. The agreements generally offer rebates of portions of taxes paid for up to 10 years, depending on each individual agreement. The amount of the rebates are a percentage of the actual taxes paid by the business. Rebates are reported at the time property taxes are received. See Note 19 for additional information. Loan guarantee: The City has guaranteed a bank loan of Cedar Skyline Corporation d/b/a Main Street Waterloo, a not -for -profit corporation. Main Street Waterloo and the City are not part of the same reporting entity. In 1999, Main Street Waterloo entered into a loan agreement with a financial institution, which was amended in 2006, 2010, 2016 and 2021. The note matures monthly through August 17, 2025. When the loan was entered into, the City voted to extend a nonexchange financial guarantee on the Main Street Waterloo loan. In the event that Main Street Waterloo is unable to repay the loan, the City would be required to make the payment, with no requirements for Main Street Waterloo to repay the City if the City has to pay any amount on the loan. As of June 30, 2021, the loan balance was $172,630. Based on City management's assessment of the qualitative factors and historical data, the City has not recorded a liability for this nonexchange financial guarantee. Note 13. Other Postemployment Benefits Plan description: The City's defined benefit OPEB plan, a single -employer health care plan provides OPEB for all active and retired employees and their eligible dependents. Group insurance benefits are established under Iowa Code Chapter 509A.13. No assets are accumulated in a trust that meets the criteria in paragraph 4 of Statement 75. The plan does not issue a stand-alone financial report. Benefits provided: Individuals who are employed by the City are eligible to participate in the group health plan are eligible to continue healthcare benefits upon retirement. As required by state law, employees who retire from service with the City prior to age 65 are eligible for coverage in the plan. Police and fire employees must have completed four years of service, be age 55 and vested in the Municipal Fire and Police Retirement System. All other employees must have completed four years of service (seven years of service after July 1, 2012), be age 55 and be vested in IPERS to participate in the plan. Retirees are allowed to be covered by the plan until they are Medicare eligible at 65. Spouses of retirees are eligible to be covered on the plan for an additional eight ears or until they reach age 65. Contributions: The current funding policy of the City is to pay health claims as they occur. Contributions are required for both retiree and dependent coverage. Retirees are required to pay the current premium equivalent amounts less a contribution subsidy provided by the City for those employees hired prior to July 1, 1990. The contribution subsidy available to retirees and their eligible dependents is determined by years of service and the date of retirement. The subsidy is available until a retiree reaches age 65. Once the retiree reaches age 65, the dependent may continue coverage at a 100% subsidy, grading down 20% each year thereafter. This benefit is available only to those hired before July 1, 1990. The percentage of the monthly contribution that the City subsidizes is detailed in the table on the next page. 74 Page 235 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 13. Other Postemployment Benefits (Continued) Criteria Employer Subsidy Percentage Retire prior to September 1, 1990: All employees 100% Retire on or after September 1, 1990: Hired prior to July 1, 1990: 28+ continuous years of service 100 20-27 continuous years of service 80 15-19 continuous years of service 60 10-14 continuous years of service 40 < 10 continuous years of service - Hired on or after July 1, 1990: All employees - The current full premium equivalent amounts as of June 30, 2021 are shown below: Single Subscriber and spouse PPO Dental $ 615 $ 40 1,560 100 Disabled retirees follow a contribution schedule that is slightly different from regular retirees. Work related incidents allow disabled retirees and their dependents a 100% subsidy until age 65. Nonwork related incidents allow a 75% subsidy until age 65. Once the retiree reaches age 65, dependents of disabled retirees receive a 75% subsidy, grading down 20% each year thereafter. Employees covered by benefit terms: At June 30, 2020, the following employees were covered by the benefit terms: Inactive employees currently receiving benefits 100 Active employees, fully eligible for benefits 25 Active employees, not fully eligible for benefits 504 629 75 Page 236 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 13. Other Postemployment Benefits (Continued) Total OPEB liability: The City's total OPEB liability of $21,264,550 was measured as of June 30, 2021, and was determined by an actuarial valuation as of that date. Actuarial methods and assumptions: The total OPEB liability in the June 30, 2021 actuarial valuation was determined using the following actuarial assumptions and other inputs, applied to all periods included in the measurement, unless otherwise specified: Inflation Salary increases Discount rate Health care cost trend rates: Premedicare medical and Rx benefits Medicare benefits Stop loss fees Administrative fees Mortality rates 3.0% per annum 3.25% per annum 2.21% as of July 1, 2020 and 2.16% as of June 30, 2021 6.0% reduced 0.5% per annum to ultimate of 4.5% 5.0% reduced 0.5% per annum to ultimate of 4.5% 6.0% reduced 0.5% per annum to ultimate of 4.5% 4.5% reduced 0.5% per annum to ultimate of 4.5% PUB-2010 morality table with generational scale MP-2019 The discount rate was based on Bond Buyer 20-Bond GO index. The actuarial assumptions used in the June 30, 2021 valuation were based on the results of an actuarial experience study used in the MFPRSI Actuarial Valuation Report as of July 1, 2019 and IPERS Actuarial Valuation as of June 30, 2019. Changes in the total OPEB liability Balance as of June 30, 2020 Changes for the year: Service cost Interest Changes in assumptions or other inputs Contributions and payments made Net changes Balance as of June 30, 2021 Total OPEB Liability $ 22,031,599 735,571 479,230 183,252 (2,165,102) (767,049) $ 21,264,550 Sensitivity of the total OPEB liability to changes in the discount rate: The following presents the total OPEB liability of the City, as well as what the City's approximate total OPEB liability would be if it were calculated using a discount rate that is 1-percentage-point lower (1.16%) or 1-percentage-point higher (3.16%) than the current discount rate: 1% Decrease 1.21% Discount Rate 2.21% 1 % Increase 3.21 Total OPEB liability $ 23,402,000 $ 21,264,550 $ 19,420,000 76 Page 237 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 13. Other Postemployment Benefits (Continued) Sensitivity of the total OPEB liability to changes in the healthcare cost trend rates: The following presents the total OPEB liability of the City, as well as what the City's total OPEB liability would be if it were calculated using healthcare cost trend rates that are 1-percentage-point lower or 1-percentage-point higher than the current healthcare cost trend rates: 1% Decrease Total OPEB liability $ 19,913,000 Health Care Current Trend $ 21,264,550 1 % Increase $ 22,749,000 OPEB expense and deferred outflows of resources and deferred inflows of resources related to OPEB: For the year ended June 30, 2021, the City recognized OPEB benefit of $652,784. At June 30, 2021, the City reported deferred outflows of resources and deferred inflows of resources related to OPEB from the following source: Difference between actual and expected experience Changes of assumptions or other inputs Deferred Outflows Deferred Inflow of Resources of Resources $ 1,582,703 $ 793,196 (212,923) $ 2,375,899 $ (212,923) Amounts reported as the deferred outflows of resources and deferred inflows of resources related to OPEB will be recognized in OPEB expense over the average future service to retirement of plan participants as follows: Years ending June 30: 2022 $ 297,517 2023 297,517 2024 297,517 2025 297,517 2026 297,517 Thereafter 675,391 $ 2,162,976 Note 14. Employee Health Care Plan The City provides health care, including dental, vision and prescription coverages, to its employees and certain former employees through a self -funded health insurance plan. Administration is provided by contracted providers. The City accounts for the plan in the General Fund, City Clerk and Finance Department, Health/Life Insurance Activity. Other funds, departments and activities are assessed for costs based on current and former employees within the activity. General Fund costs of these activities are funded by an employee benefits levy in the Trust and Agency Fund. The City is allowed to levy amounts needed to provide benefits. The City purchases stop -loss insurance, $100,000 specific and 125% aggregate of expected claims. 77 Page 238 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 14. Employee Health Care Plan (Continued) The City's estimated unpaid claims as of June 30 and its needed reserves for claim fluctuation were determined by an actuarial study performed as of June 30. All outstanding claims are considered matured and expected to be paid in fiscal year 2021, with current available financial resources, and accordingly, a liability payable from restricted resources is reported within the General Fund. Changes and balances are as follows: Estimated unpaid claims, beginning of year Estimated claims incurred Claims payments Estimated unpaid claims, end of year 2021 2020 $ 929,908 11,607,771 (11,701,732) $ 1,050,406 10,560,167 (10,680,665) $ 835,947 $ 929,908 Note 15. Worker's Compensation Plan The City provides worker's compensation benefits through a self -funded plan. Administration is provided by a contracted provider. The City accounts for the plan in the General Fund, City Clerk and Finance Department, Self -Funded Worker's Compensation Activity. Costs are funded by an employee benefits levy in the Trust and Agency Fund. The City is allowed to levy amounts needed to provide benefits. The City's estimated unpaid claims as of June 30 are based on projected costs of future payments for injuries incurred prior to June 30, 2021, and is recorded as a liability in the government -wide statement of net position. $73,194 is considered matured and is recorded in the General Fund and governmental activities with accrued liabilities. Changes and balances are as follows: Estimated unpaid claims, beginning of year Estimated claims incurred Claims payments Estimated unpaid claims, end of year 2021 2020 $ 585,665 $ 1,504,831 (1,377,975) 550,508 977,761 (942,604) $ 712,521 $ 585,665 Note 16. Joint Ventures and Jointly Governed Organizations The City is a participating member of several organizations including the Black Hawk County Criminal Justice Information System (CJIS), the Consolidated Dispatch Center (Center), the Black Hawk County Solid Waste Management Commission (SWMC) and the Metropolitan Transit Authority (MET). In addition, the City pays its share of costs for CJIS, including debt service, pays its share of costs of the Center, pays landfill fees to SWMC and levies and collects property taxes from Black Hawk County and remits them to MET ($2,207,193 during the year ended June 30, 2021). Also, during the year ended June 30, 2021, the Sanitation Fund received an operating grant of $273,624 from SWMC. This grant was used to offset recycling costs. The Center's financial information is reported within the Black Hawk County annual financial report. CJIS, SWMC and MET issue their own annual reports. Reports are available on the Iowa Auditor of State's website http://auditor.iowa.gov/reports. The City has no equity position in any of the organizations. 78 Page 239 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 17. Industrial Development Revenue Bonds The City has issued a total of $160,401,000 of industrial development revenue bonds under the provisions of Chapter 419 of the Code of Iowa. The amount outstanding as of June 30, 2021 is not reported to the City by either the debtors or creditors. Therefore, outstanding balances are unknown. The bonds and related interest are payable solely from revenue of applicable projects. Bond principal and interest do not constitute liabilities of the City. Note 18. Risk Management The City is exposed to various risks of loss related to torts; theft, damage to and destruction of assets; errors and omissions; injuries to employees; and natural disasters. These risks are covered by the purchase of commercial insurance and self -funded worker's compensation. Settled claims from these risks have not exceeded commercial insurance coverage in any of the past three fiscal years. The City assumes the risks of loss of both mobile vehicles and equipment, except for certain pieces of equipment, such are fire and forestry equipment, with large per -unit costs which are insured against loss subject to deductibles. As of June 30, 2021, the City has assigned $1,884,359 of its General Fund, fund balance for insurable risks retained. Note 19. Tax Abatements GASB Statement No. 77 defines tax abatements as a reduction in tax revenues that results from an agreement between one or more governments and an individual or entity in which (a) one or more governments promise to forgo tax revenues to which they are otherwise entitled and (b) the individual or entity promises to take a specific action after the agreement that has been entered into that contributes to economic development or otherwise benefits the governments or the citizens of those governments. City tax abatements: The City provides tax abatements for urban renewal and economic development projects with tax increment financing as provided for in Chapters 15A and 403 of the Code of Iowa. For these types of projects, the City enters into agreements with developers which require the City, after developers meet the terms of the agreements, to rebate a portion of the property tax paid by the developers, to pay the developers an economic development grant or to pay the developers a predetermined dollar amount. No other commitments were made by the City as part of these agreements. For the year ended June 30, 2021, the City abated $2,480,959 of property tax under the urban renewal and economic development projects. 79 Page 240 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 20. Fund Balances GASB Statement No. 54, Fund Balance Reporting and Governmental Fund Type Definitions, establishes criteria for classifying fund balances into specifically defined classifications and clarifies definitions for governmental fund types. The details for the City's fund balances are as follows: Tax Trust and Increment Road Use Nonmajor Fund balances: General Agency Financing Tax Govemmental Total Nonspendable: Inventories $ 817,273 $ - $ - $ 281,977 $ - $ 1,099,250 Prepaids 80,883 - - 31,445 112,328 Total nonspendable 898,156 - 281,977 31,445 1,211,578 Restricted: Debt service - - 4,457,619 4,457,619 Self -funded health insurance 1,713,845 1,844,110 3,557,955 Tourism promotion 2,011,806 - 2,011,806 Public access television 228,668 228,668 Housing 65,949 5,006,610 5,072,559 Donor specified 1,006,109 - 1,006,109 Employee benefits - 664,976 664,976 Library - 482,339 482,339 Street and right-of-way maintenance 1,574 12,394,939 12,396,513 Improvements - - - 35,795,167 35,795,167 Total restricted 5,027,951 2,509,086 4,457,619 12,394,939 41,284,116 65,673,711 Assigned: Insurance 1,884,359 1,884,359 Other postemployment benefits 1,040,792 1,040,792 Improvements - 2,175,849 2,175,849 Other 1,048,718 - 669,915 93,661 1,812,294 Use of fund balance for future budget 3,897,505 - 3,897,505 Total assigned 7,871,374 - 669,915 2,269,510 10,810,799 Unassigned 12,736,746 - - (6,956,351) 5,780,395 Total fund balances $ 26,534,227 $ 2,509,086 $ 5,127,534 $ 12,676,916 $ 36,628,720 $ 83,476,483 80 Page 241 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 21. New GASB Statements and Pending Pronouncements As of June 30, 2021, the City adopted Governmental Accounting Standards Board (GASB) Statement No. 84, Fiduciary Activities. This Statement changed the City's previously reported agency fund to a custodial fund. As a result, a statement of changes in fiduciary net position was added to the basic financial statements for the year ending June 30, 2021 and the method of accounting for this fund was changed to full accrual. This City also adopted GASB Statement No. 98, which changed the name of the City's annual report from the Comprehensive Annual Financial Report to the Annual Comprehensive Financial Report (ACFR). The GASB has issued several statements not yet implemented by the City. The statements which might impact the City are as follows: • GASB Statement No. 87, Leases, issued June 2017, will be effective for the City beginning with its fiscal year ending June 30, 2022, with earlier adoption encouraged. Statement No. 87 establishes a single approach to accounting for and reporting leases by state and local governments. Under this statement, a government entity that is a lessee must recognize (1) a lease liability and (2) an intangible asset representing the lessee's right to use the leased asset. In addition, the City must report the (1) amortization expense for using the lease asset over the shorter of the term of the lease or the useful life of the underlying asset, (2) interest expense on the lease liability and (3) note disclosures about the lease. The Statement provides exceptions from the single -approach for short- term leases, financial purchases, leases of assets that are investments and certain regulated leases. This statement also addresses accounting for lease terminations and modifications, sale -leaseback transactions, non -lease components embedded in lease contracts (such as service agreements), and leases with related parties. • GASB Statement No. 91, Conduit Debt Obligations, will be effective for reporting periods beginning after December 15, 2021. The primary objectives of this Statement are to provide a single method of reporting conduit debt obligations by issuers and eliminate diversity in practice associated with (1) commitments extended by issuers, (2) arrangements associated with conduit debt obligations, and (3) related note disclosures. This Statement achieves those objectives by clarifying the existing definition of a conduit debt obligation; establishing that a conduit debt obligation is not a liability of the issuer; establishing standards for accounting and financial reporting of additional commitments and voluntary commitments extended by issuers and arrangements associated with conduit debt obligations; and improving required note disclosures. • GASB Statement No. 96, Subscription -Based Information Technology Arrangements, provides guidance on the accounting and financial reporting for subscription -based information technology arrangements (SBITAs) for government end users. This statement (1) defines an SBITA; (2) establishes that an SBITA results in a right -to -us subscription asset — an intangible asset — and a corresponding subscription liability; (3) provides the capitalization criteria for outlays other than subscription payments, including the implementation costs of an SBITA; and (4) requires note disclosure regarding an SBITA. This statement will be effective for the City with its year ending June 30, 2023. 81 Page 242 of 436 City of Waterloo, Iowa Notes to Basic Financial Statements Note 21. New GASB Statements and Pending Pronouncements (Continued) • GASB Statement No. 97, Certain Component Unit Criteria, and Accounting and Financial Reporting for Internal Revenue Code Section 457 Deferred Compensation Plans will result in more consistent financial reporting of defined contribution pension plans, defined contribution OPEB plans, and other employee benefit plans. This statement will also enhance the relevance, consistency and comparability of (1) the information related to Section 457 plans that meet the definition of a pension plan and the benefits provided through those plans and (2) investment information for all Section 457 plans. Another objective of this statement is to increase consistency and comparability related to the reporting of fiduciary component units in circumstances in which a potential component unit does not • have a governing board and the primary government performs the duties that a governing board typically would perform. This statement will be effective for the City with its year ended June 30, 2022. The City's management has not yet determined the effect these Statements will have on the City's financial statements, which may have a material effect on the financial statements. Note 22. Subsequent Events Subsequent to June 30, 2021, the City entered into a development agreement with Lost Island Themepark, Inc. for the development of the Lost Worlds Theme Park, including the City's commitment to make a grant to the company in the amount of $14 million and road improvements to Shualis Road. The agreement also requires the payment of tax rebates at 50% of certain property taxes paid for a period of 20 years to the developer. The company will transfer 56 acres of land to the City under the agreement. The City issued $14,200,000 taxable general obligation bonds January 4, 2022, at stated interest rates ranging from 2% to 2.6%, maturing over 20 years to fund the grant to the developer. 82 Page 243 of 436 City of Waterloo, Iowa Required Supplementary Information Schedule of Changes in the City's Total OPEB Liability and Related Ratios Last 10 Fiscal Years (Dollar amounts in thousands) 2021 2020 2019 2018 Total OPEB liability Service cost Interest Changes of assumptions or other inputs Benefit payments Net change in total OPEB liability Total OPEB liability —beginning Total OPEB liability —ending Covered payroll Total OPEB liability as a percentage of covered payroll $ 735,571 479,230 183,252 (2,165,102) (767,049) $ 719,666 698,071 2,428,145 (2,079,011) 22, 031, 599 $ 21,264,550 $ $ 697,815 $ 671,816 774,392 804,928 474,740 (379,447) (1,989,054) (1,835,828) 1,766,871 (42,107) (738,531) 20,264,728 20,306,835 21,045,366 22,031,599 $ 20,264,728 $ 20,306,835 $ 34,676,000 $ 61% 33,584,175 $ 32,673,000 $ 31,567,648 66% 62% Changes of assumptions: Changes of assumptions and other inputs reflect the effects of changes in the discount rate each period. The following are the discount rates used in each period: 2021 2020 2019 2018 2017 2.16% per annum 2.21 % per annum 3.50% per annum 3.87% per annum 3.58% per annum In 2018, amounts reflect a 0.5-percentage-point decrease in the health care cost trend rates from the prior year and adjustments to assumptions regarding spousal coverage to better reflect actual plan experience. In 2019, there was no changes to the benefit terms. Note: GASB Statement No. 75 requires 10 years of information to be presented in this table. However, until a full 10-year trend is compiled, the City will present information for those years for which information is available. 64% 83 Page 244 of 436 City of Waterloo, Iowa Required Supplementary Information Schedule of the City's Proportionate Share of the Net Pension Liability Iowa Public Employees' Retirement System 2021 2020 Measurement date June 30, 2020 June 30, 2019 City's proportion of the net pension liability 0.2383780% 0.2446470% City's proportionate share of the net pension liability $ 16,628,664 $ 14,261,854 City's covered payroll $ 18,786,254 $ 18,743,655 City's proportionate share of the net pension liability as a percentage of its covered payroll 88.52% 76.09% Plan fiduciary net position as a percentage of the total pension liability 82.90% 85.45% Note: GASB Statement No. 68 requires 10 years of information to be presented in this table. However, until a full 10-year trend is compiled, the City will present information for those years for which information is available. The amounts presented each year are as of the City's measurement date. See notes to required supplementary information. 84 Page 245 of 436 2019 2018 2017 2016 2015 June 30, 2018 June 30, 2017 June 30, 2016 June 30, 2015 June 30, 2014 0.2406008% 0.2379165% 0.2438592% 0.2452672% 0.2415504% $ 15,225,810 $ 15,848,247 $ 15,346,827 $ 12,117,384 $ 9,579,663 $ 18,074,184 $ 17,759,314 $ 17,523,333 $ 16,800,363 18816626 84.24% 89.24% 87.58% 72.13% 50.91% 83.62% 82.21 % 81.82% 85.19% 87.61% 85 Page 246 of 436 City of Waterloo, Iowa Required Supplementary Information Schedule of City Contributions Iowa Public Employees' Retirement System Contributions in Relation to Contributions Statutorily the Statutorily Contributions City's as a Percentage Required Required Deficiency Covered of Covered Contribution Contribution (Excess) Payroll Payroll Fiscal year ending: 2021 $ 1,792,019 $ 1,792,019 - $ 18,983,244 9.44% 2020 1,773,422 1,773,422 - 18,786,254 9.44 2019 1,769,401 1,769,401 18,743,655 9.44 2018 1,614,023 1,614,023 18,074,184 8.93 2017 1,585,908 1,585,908 17,759,314 8.93 2016 1,564,955 1,564,955 17,523,333 8.93 2015 1,500,510 1,500,510 - 16,800,363 8.93 2014 1,420,507 1,420,507 - 15,816,626 8.98 2013 1,358,920 1,358,920 N/A N/A 2012 1,250,399 1,250,399 N/A N/A N/A - information was not available Note: The amounts reported in this schedule are as of the City's fiscal year-end. See notes to required supplementary information. 86 Page 247 of 436 City of Waterloo, Iowa Notes to Required Supplementary Information—IPERS Pension Liability Year Ended June 30, 2021 Note 1. Changes of benefit terms There are no significant changes in benefit terms. Note 2. Changes of assumptions The 2018 valuation implemented the following refinements as a result of an experience study dated June 28, 2018: • Changed mortality assumptions to the RP-2014 mortality tables with mortality improvements modeled using Scale MP-2017. • Adjusted retirement rates. • Lowered disability rates. • Adjusted the probability of a vested Regular member electing to receive a deferred benefit. • Adjusted the merit component of the salary increase assumption. The 2017 valuation implemented the following refinements as a result of an experience study dated March 24, 2017: • Decreased the inflation assumption from 3.00% to 2.60%. • Decreased the assumed rate of interest on member accounts from 3.75% to 3.50% per year. • Decreased the discount rate from 7.50% to 7.00%. • Decreased the wage growth assumption from 4.00% to 3.25%. • Decreased the payroll growth assumption 4.00% to 3.25%. The 2014 valuation implemented the following refinements as a result of a quadrennial experience study: • Decreased the inflation assumption from 3.25% to 3.00%. • Decreased the assumed rate of interest on member accounts from 4.00% to 3.75% per year. • Adjusted male mortality rates for retirees in the Regular membership group. • Reduced retirement rates for sheriffs and deputies between the ages of 55 and 64. • Moved from an open 30-year amortization period to a closed 30-year amortization period for the UAL (unfunded actuarial liability) beginning June 30, 2014. Each year thereafter, changes in the UAL from plan experience will be amortized on a separate closed 20-year period. 87 Page 248 of 436 City of Waterloo, Iowa Required Supplementary Information Schedule of the City's Proportionate Share of the Net Pension Liability Municipal Fire and Police Retirement System of Iowa 2021 2020 Measurement date June 30, 2020 June 30, 2019 City's proportion of the net pension liability 5.471285% 5.582145% City's proportionate share of the net pension liability $ 43,638,986 $ 36,614,772 City's covered payroll $ 17,382,462 $ 16,897,902 City's proportionate share of the net pension liability as a percentage of its covered payroll 251.05% 216.68% Plan fiduciary net position as a percentage of the total pension liability 76.47% 79.94% Note: GASB Statement No. 68 requires ten years of information to be presented in this table. However, until a full 10-year trend is compiled, the City will present information for those years for which information is available. The amounts presented each year are as of the City's measurement date. See notes to required supplementary information. 88 Page 249 of 436 2019 2018 2017 2016 2015 June 30, 2018 June 30, 2017 June 30, 2016 June 30, 2015 June 30, 2014 5.600213% 5.703286% 5.688362% 5.724535% 5.720520% $ 33,343,863 $ 33,448,350 $ 46,723,287 $ 36,408,843 $ 26,777,406 $ 16,277,606 $ 16,060,279 $ 15,365,321 $ 15,012,366 $ 14,608,497 204.85% 208.27% 304.08% 242.53% 183.30% 81.07% 80.60% 78.20% 83.04% 86.27% 89 Page 250 of 436 City of Waterloo, Iowa Required Supplementary Information Schedule of City Contributions Municipal Fire and Police Retirement System of Iowa Contributions in Relation to Contributions Statutorily the Statutorily Contributions City's as a Percentage Required Required Deficiency Covered of Covered Contribution Contribution (Excess) Payroll Payroll Fiscal year ending: 2021 $ 4,528,153 $ 4,528,153 $ 17,890,764 25.31% 2020 4,243,059 4,243,059 17,382,462 24.41 2019 4,396,834 4,396,834 16,897,902 26.02 2018 4,180,091 4,180,091 16,277,606 25.68 2017 4,186,850 4,186,850 16,060,279 26.07 2016 4,280,766 4,280,766 15,365,321 27.86 2015 4,565,261 4,565,261 15,012,366 30.41 2014 4,418,650 4,418,650 14,608,497 30.25 2013 3,844,363 3,844,363 N/A N/A 2012 3,522,615 3,522,615 N/A N/A N/A - information was not available Note: The amounts reported in this schedule are as of the City's fiscal year-end. See notes to required supplementary information. 90 Page 251 of 436 City of Waterloo, Iowa Notes to Required Supplementary Information—MFPRSI Pension Liability Year Ended June 30, 2021 Note 1. Changes of Benefit Terms There were no significant changes of benefit terms. Note 2. Changes of Assumptions The 2018 valuation changed postretirement mortality rates were based on the RP-2014 Blue Collar Healthy Annuitant Table with males set forward zero years, females set forward two years and disabled individuals set forward three years (male only rates), with generational projection of future mortality improvement with 50% of Scale BB beginning in 2017. The 2017 valuation added five years projection to future mortality improvement scale BB. The 2016 valuation changed postretirement mortality rates to the RP-2000 Blue Collar Combined Healthy Mortality Table with males set -back two years, females set -forward one year and disabled individuals set - forward one year (male only rates), with no projection of future mortality improvement. The 2015 valuation phased in the 1994 Group Annuity Mortality Table for postretirement mortality. This resulted in a weighting of 1/12 of the 1971 Group Annuity Mortality Table and 11/12 of the 1994 Group Annuity Mortality Table. The 2014 valuation phased in the 1994 Group Annuity Mortality Table for postretirement mortality. This resulted in a weighting of 2/12 of the 1971 Group Annuity Mortality Table and 10/12 of the 1994 Group Annuity Mortality Table. 91 Page 252 of 436 City of Waterloo, Iowa Budgetary Comparison Schedule Budget and Actual (Modified Cash Basis) —All Governmental Funds and Proprietary Funds Required Supplementary Information Year Ended June 30, 2021 Budgeted Amounts Original Final Receipts and other financing sources: Receipts: Property taxes $ 42,422,199 $ 42,422,199 Tax increment financing 9,388,510 9,388,510 Other City taxes 18,277,691 20,398,441 Licenses and permits 1,434,585 1,434,585 Use of money and property 1,864,528 1,998,872 Intergovernmental 31,324,100 39,450,773 Charges for services 32,993,040 34,285,576 Special assessments 250,000 250,000 Miscellaneous 8,175,752 8,603,760 Total receipts 146,130,405 158,232,716 Other financing sources: Transfer from other funds Issuance of long-term debt Proceeds from sale of capital assets Total other financing sources Total receipts and other financing sources Disbursements and other financing uses: Governmental -type activities: Public safety Public works Health and social services Culture and recreation Community and economic development General government Debt service Capital projects Business -type activities Total disbursements Other financing uses, transfers to other funds Total disbursements and other financing uses Receipts and other financing sources over (under) disbursements and other financing uses Balances, beginning of year Balances, end of year See note to required supplementary information. 18,940,514 37,200,000 24,860,514 47, 060, 000 56,140,514 71,920,514 202,270,919 230,153,230 35,548,857 34,111,524 323,760 12,013,361 18,072,846 10,776,650 13,157,973 28,644,365 47,556,812 37,259,429 43, 639, 069 323,760 12, 237,173 22,619,040 11,432,986 22,737,973 34,641,834 49,456,812 200,206,148 234,348,076 18,940,514 24,860,514 219,146,662 259,208,590 (16,875,743) (29,055,360) 96,198,146 96,198,146 $ 79,322,403 $ 67,142,786 92 Page 253 of 436 Variance Actual Amounts With Final Budgetary Basis Budget $ 42,990,863 $ 568,664 10,101,233 712,723 20,360,825 (37,616) 1,415,152 (19,433) 1,607,671 (391,201) 42,743,701 3,292,928 32,809,348 (1,476,228) 215,170 (34,830) 9,641,481 1,037,721 161,885,444 3,652,728 19,853,415 39,237,899 341,462 (5,007,099) (7,822,101) 341,462 59,432,776 (12,487,738) 221,318,220 (8,835,010) 35,865,343 37,202,342 284,836 10,066,047 13,723,687 10,450,936 22,615,474 26,171,846 33,872,642 1,394,086 6,436,727 38,924 2,171,126 8,895,353 982,050 122,499 8,469,988 15,584,170 190,253,153 44,094,923 19,853,415 5,007,099 210,106,568 49,102,022 11,211,652 40,267,012 109,293,283 96,198,146 $ 120,504,935 $ 136,465,158 93 Page 254 of 436 City of Waterloo, Iowa Note to Required Supplementary Information —Budgetary Reporting Year Ended June 30, 2021 In accordance with the Code of Iowa, the City Council annually adopts a budget on a modified cash basis following required public notice and hearing for all funds. The annual budget may be amended during the year utilizing similar statutorily prescribed procedures. Formal and legal budgetary control is based upon 10 major classes of disbursements known as functions, not by fund or fund type. These 10 functions are: public safety, public works, health and social services, culture and recreation, community and economic development, general government, debt service, capital projects, business -type and nonprogram. Although the budget document presents function disbursements by fund type, the legal level of control is at the aggregated function level, not at the fund or fund type level. During the year, two budget amendments were adopted which increased budgeted expenditures by $40,061,928. The budget amendments are reflected in the final budgeted amount. The City uses the same modified cash basis of accounting for budgetary reporting as is used for its internal financial records. Under this basis, cash transactions are modified by certain receivables and payables and by certain noncash revenue and expenditures. In addition, many transactions which could be recorded in and reported by the Sanitary Sewer Enterprise Fund are recorded in and reported by governmental funds. 94 Page 255 of 436 City of Waterloo, Iowa Schedule of Comparison Funds Statements (GAAP Basis) to Budgetary (Modified Cash) Basis Required Supplementary Information Year Ended June 30, 2021 Governmental Fund Types GAAP Basis Actual Amounts Enterprise Fund Types GAAP Basis Actual Amounts Total Funds Revenue/Receipts: Property taxes and TIF revenue Other taxes Licenses and permits Use of money and property Intergovernmental Charges for fees and service Interfund charges for services Special assessments Miscellaneous Total revenue/receipts Expenditures and expenses/disbursements: Public safety Public works Health and social services Culture and recreation Community and economic development General government Debt service Capital projects Business -type activities Total expenditures and expenses/ disbursements Net Other financing sources (uses): Transfers in Transfers out Bond premium Proceeds from sale of capital assets Payment to escrow from refunding bonds Issuance of capital lease and other long-term debt Proceeds from insurance Issuance of refunding bonds Issuance of long-term debt Total other financing sources (uses) Change in fund balance/net position Balance, beginning of year Balance, end of year $ 52,877,346 $ 20,765,591 1,392,173 1,393,667 25,735,011 10,073,458 2,416,493 169,139 3,940,108 10,999 274,551 22,394,809 477,471 $ 52,877,346 20,765,591 1,392,173 1,404,666 26,009,562 32,468,267 2,416,493 169,139 4,417,579 118,762,986 23,157,830 141,920,816 35, 398, 811 28,042,204 286,771 10,310,829 14,554,888 10, 540, 061 12,512,748 34,953,743 17,409,413 35,398,811 28,042,204 286,771 10, 310, 829 14,554,888 10,540,061 12,512,748 34,953,743 17,409,413 146,600,055 17,409,413 164,009,468 (27,837,069) 5,748,417 (22,088,652) 13,925,382 (13,925,382) 557,496 336,362 (6,472,000) 5,120,418 1,986,893 6,360,000 13,790,000 13,925,382 (13,925,382) 557,496 336,362 (6,472,000) 5,120,418 1,986,893 6,360,000 13,790,000 21,679,169 21, 679,169 (6,157,900) 89,634,383 5,748,417 101,448,289 (409,483) 191,082,672 $ 83,476,483 $ 107,196,706 $ 190,673,189 95 Page 256 of 436 Property Tax Collected for and Budgetary Remitted Other GAAP Basis to MET, Grout Conversion Budgetary Exceptions and Water Works Adjustments Basis - $ 2,207,193 $ (1,992,443) $ 53,092,096 - - (404,766) 20,360,825 - - 22,979 1,415,152 - - 203,005 1,607,671 - - 16,734,139 42,743,701 - - 341,081 32,809,348 - - (2,416,493) - 46, 031 215,170 - - 5,223,902 9,641,481 2,207,193 17,757,435 161,885,444 466,532 35,865,343 2,207,193 6,952,945 37,202,342 (1,935) 284,836 (244,782) 10,066,047 (831,201) 13,723,687 (89,125) 10,450,936 10,102,726 22,615,474 (8,781,897) 26,171,846 16,463,229 33,872,642 2,207,193 24,036,492 190,253,153 (6,279,057) (28,367,709) - - 5,928,033 19,853,415 - - (5,928,033) (19,853,415) - - (557,496) - - - 5,100 341,462 - - 6,472,000 - (5,120,418) - - (1,986,893) - (6,360,000) - - - 25,447,899 39,237,899 17,900,192 39,579,361 11,621,135 11,211,652 (81,789,389) 109,293,283 $ $ (70,168,254) $ 120,504,935 96 Page 257 of 436 City of Waterloo, Iowa Required Supplementary Information Schedule of Employer Contributions for Waterloo Water Works Pension Plan Last Ten Fiscal Years 2020 2019 2018 2017 Actuarially determined contribution $ 587,599 $ 563,701 $ 529,242 $ 505,125 Contributions in relation to actuarially determined contribution 639,602 615,910 577,408 565,374 Contribution deficiency (excess) (52,003) (52,209) (48,166) (60,249) Covered payroll $ 810,194 $ 979,376 $ 943,430 $ 1,047,371 Contributions as a percentage of covered payroll 78.9% 62.9% 61.2% 54.0% 97 Page 258 of 436 2016 2015 2014 2013 2012 2011 $ 489,448 $ 475,911 $ 481,861 $ 480,199 $ 423,689 $ 383,404 550,161 (60,713) 540,043 (64,132) 570,419 (88,558) 538,658 (58,459) 473,114 (49,425) 445,212 (61,808) $ 1,004,723 $ 1,045,603 $ 1,064,651 $ 1,100,185 $ 1,105,893 $ 1,248,200 54.8% 51.6% 53.6% 49.0% 42.8% 35.7% 98 Page 259 of 436 City of Waterloo, Iowa Required Supplementary Information Schedule of Changes in Net Pension Liability and Related Ratios for Waterloo Water Works Pension Plan 2021 2020 2019 Total pension liability Service cost $ 55,720 $ 42,951 $ 46,090 Interest 645,354 672,982 665,421 Difference between expected and actual experience (194,832) (36,258) 76,594 Changes in assumptions 315,233 325,945 (72,427) Benefit payments including refunds (677,004) (675,155) (560,887) Change in total pension liability 144,471 330,465 154,791 Total pension liability, beginning of year 9,037,366 8,706,901 8,552,110 Total pension liability, end of year 9,181,837 9,037,366 8,706,901 Plan fiduciary net position Contributions, employer 591,000 563,701 529,242 Contributions, member 48,602 52,209 48,166 Net investment income 1,221,397 1,594,221 (466,923) Benefit payments including refunds (677,004) (675,155) (560,887) Change in plan fiduciary net position 1,183,995 1,534,976 (450,402) Plan fiduciary net position, beginning of year 7,319,079 5,784,103 6,234,505 Plan fiduciary net position, end of year 8,503,074 7,319,079 5,784,103 Net pension liability, end of year $ 678,763 $ 1,718,287 $ 2,922,798 Plan fiduciary net position as a % of total pension liability Covered payroll Net pension liability as a % of covered payroll 92.6% 81.0% 66.4% $ 744,456 $ 810,194 $ 979,376 91.2% 212.1 % 298.4% Additional years will be added going forward as information becomes available. 99 Page 260 of 436 2018 2017 2016 $ 45,849 $ 53,886 $ 53,008 640,457 616,847 607,558 (45,362) 164,103 (28,037) 225,356 13,141 12,600 (548,118) (541,494) (518,306) 318,182 8,233,928 306,483 7,927,445 126,823 7,800,622 8,552,110 8,233,928 7,927,445 507,287 58,087 821,539 (548,118) 489,448 60,713 281,674 (541,494) 481,000 59,043 (157,690) (518,306) 838,795 5,395,710 290,341 5,105,369 (135,953) 5,241,322 6,234,505 5,395,710 5,105,369 $ 2,317,605 $ 2,838,218 $ 2,822,076 72.9% 65.5% 64.4% $ 943,430 $ 1,047,371 $ 1,004,723 245.7% 271.0% 280.9% 100 Page 261 of 436 City of Waterloo, Iowa Notes to Required Supplementary Information for Waterloo Water Works Pension Plan For the Year Ended December 31, 2020 Note 1: Valuation Date: Actuarially determined contributions rates are calculated as of December 31 of the current fiscal year. Note 2: Methods and assumptions used to determine contribution rates. Actuarial cost method Amortization method Remaining amortization period Asset valuation method Inflation Annual pay increases Investment rate of return Retirement age Mortality rates Entry age cost method Level dollar 20 years Market value of assets 2.50% 3.00% 7.0% 100% at age 62 2020 Dataset mortality 101 Page 262 of 436 City of Waterloo, Iowa Required Supplementary Information IPERS Schedule of the Waterloo Water Works' Proportionate Share of the Net Pension Liability Measurement Date June 30, 2020 2019 Water Work's proportion of the net pension liability 0.017377% 0.016437% Water Work's total proportionate share of the net pension liability $ 1,220,674 $ 951,791 Water Work's covered payroll $ 1,267,605 $ 1,270,103 Water Work's proportionate share of the net pension liability as a percentage of its covered payroll 96% IPERS' net position as a percentage of the total pension liability Additional years will be added going forward as information becomes available. 75% 81.87% 85.45% 102 Page 263 of 436 2018 2017 2016 2015 2014 0.016820% 0.015549% 0.014805% 0.014220% 0.012797% $ 1,064,406 $ 1,035,776 $ 923,262 $ 706,956 $ 524,011 $ 1,251,971 $ 1,079,261 $ 1,018,040 $ 885,398 $ 791,254 85% 96% 91% 80% 61% 83.62% 82.21% 81.82% 85.19% 87.61% 103 Page 264 of 436 City of Waterloo, Iowa Required Supplementary Information IPERS Schedule of Waterloo Water Works Contributions 2020 2019 2018 2017 Statutorily required contribution $ 153,186 $ 119,662 $ 116,656 $ 111,801 Contributions in relation to the Statutorily required contribution (153,186) (119,662) (116,656) (111,801) Contribution deficiency (excess) $ $ $ $ - Water Work's covered payroll $ 1,622,730 $ 1,267,605 $ 1,270,103 $ 1,251,971 Contributions as a percentage of covered payroll 9.44% 9.44% 9.18% 8.93% 104 Page 265 of 436 2016 2015 2014 2013 2012 2011 $ 96,378 $ 90,911 $ 79,066 $ 70,659 $ 56,189 $ 43,676 (96,378) (90,911) (79,066) (70,659) (56,189) (43,676) $ $ $ $ - $ - $ $ 1,079,261 $ 1,018,040 $ 885,398 $ 791,254 $ 648,085 $ 541,214 8.93% 8.93% 8.93% 8.93% 8.67% 8.07% 105 Page 266 of 436 City of Waterloo, Iowa Schedule of Expenditures by Function and Department General Fund Year Ended June 30, 2021 Public safety function Mayor Blackhawk emergency management agency Contractual services $ 95,815 Total activity and department 95,815 Police department Police operations Compensation and benefits 13,317,179 Contractual services 1,098,821 Commodities 196,206 Capital outlay 3,964,965 Debt service 202,035 Total activity 18,779,206 Police computer services Contractual services Commodities Total activity 98,229 118,224 216,453 Police grants Compensation and benefits 556,742 Contractual services 10,375 Commodities 66,452 Capital outlay 33,470 Total activity 667,039 Law enforcement programs Compensation and benefits 46,499 Contractual services 431,755 Commodities 333,250 Total activity 811,504 Police tobacco enforcement Compensation and benefits Total activity Public safety administration Contractual services Total activity 3,612 3,612 5,000 5,000 Total Department 20,482,814 106 Page 267 of 436 City of Waterloo, Iowa Schedule of Revenues, Expenditures and Changes in Fund Balances (Continued) General Fund Year Ended June 30, 2021 Fire Department Fire protection Compensation and benefits 9,170,939 Contractual services 544,934 Commodities 96,820 Total activity 9,812,693 Fire ambulance Compensation and benefits 1,832,261 Contractual services 809,272 Commodities 180,173 Capital outlay 287,905 Total activity 3,109,611 Fire restricted programs Compensation and benefits 2,859 Commodities 8,925 Capital outlay 42,903 Total activity 54,687 Hazmat regional training center Compensation and benefits 143,258 Contractual services 22,150 Commodities 606 Total activity 166,014 Fire federal CDC grant Compensation and benefits Contractual services Total activity 107,474 21,826 129,300 Total Department 13,272,305 Building inspection department Building & housing safety Compensation and benefits 1,062,572 Contractual services 143,250 Commodities 42,076 Total activity and department 1,247,898 107 Page 268 of 436 City of Waterloo, Iowa Schedule of Expenditures by Function and Department (Continued) General Fund Year Ended June 30, 2021 Central Garage Fire - garage parts & service Compensation and benefits 93,172 Contractual services 5,112 Commodities 64,425 Total activity 162,709 Ambulance - Garage Parts & Services Commodities Total activity 24,440 24,440 Total Department 187,149 Public safety function totals Compensation and benefits 26,336,567 Contractual services 3,286,539 Commodities 1,131,597 Capital Outlay 4,329,243 Debt service 202,035 Function total $ 35,285,981 Public works function City engineer Sidewalk repair/construction Commodities $ 880 Capital outlay 331,756 Total activity and department 332,636 Traffic Operations Parking Maintenance Compensation and benefits Total activity and department 12,078 12,078 Central Garage Central Garage Compensation and benefits 815,264 Contractual services 19,783 Commodities 103,826 Total activity 938,873 Garage -motor pool service Commodities Total activity 519,369 519,369 Total Department 1,458,242 108 Page 269 of 436 City of Waterloo, Iowa Schedule of Expenditures by Function and Department (Continued) General Fund Year Ended June 30, 2021 Airport Commission Airport Administration Compensation and benefits 652,495 Contractual services 323,635 Commodities 70,313 Total activity 1,046,443 Airport Administration Contractual services Total activity 14,500 14,500 Total Department 1,060,943 Building Inspection Parking Operations Contractual services Commodities Total activity and department 307,529 29,480 337,009 Public works function totals Compensation and benefits 1,479,837 Contractual services 665,447 Commodities 723,868 Capital Outlay 331,756 Function Total $ 3,200,908 Health and social services function Human rights commission Human rights Compensation and benefits 244,048 Contractual services 10,705 Commodities 955 Total activity 255,708 EEOC Contract Compensation and benefits 10,000 Contractual services 17,179 Commodities 701 Capital outlay 3,183 Total activity 31,063 Total Department 286,771 Health and social services function totals Compensation and benefits 254,048 Contractual services 27,884 Commodities 1,656 Capital Outlay 3,183 Function Total $ 286,771 109 Page 270 of 436 City of Waterloo, Iowa Schedule of Expenditures by Function and Department (Continued) General Fund Year Ended June 30, 2021 Culture and recreation function Mayor Fairview cemetery association Contractual services $ 50,000 Total activity and department 50,000 Cultural/Arts Commission Youth Pavilion Compensation and benefits 306,606 Contractual services 37,745 Commodities 7,746 Total activity 352,097 Center for the arts Compensation and benefits 555,804 Contractual services 61,502 Commodities 31,117 Total activity 648,423 River Loop event facilities Compensation and benefits 126 Contractual services 9,356 Commodities 2,000 Total activity 11,482 Cultural/arts grants & projects Compensation and benefits Contractual services Total activity 14,980 57,982 72,962 Total department 1,084,964 Library Library services Compensation and benefits 1,354,618 Contractual services 156,331 Commodities 247,798 Total activity 1,758,747 Library Enrich Compensation and benefits Commodities Total activity 6,585 3,846 10,431 110 Page 271 of 436 City of Waterloo, Iowa Schedule of Expenditures by Function and Department (Continued) General Fund Year Ended June 30, 2021 Library Access Plus Commodities Total activity 2,985 2,985 Library grants & projects Contractual services 13,950 Commodities 11,717 Capital outlay 70,538 Total activity 96,205 Library gift & memorial Contractual services Commodities Total activity Iowa library services Commodities Total activity County library system Compensation and benefits Commodities Total activity County open access Contractual services Total activity 20,399 16,745 37,144 4,011 4,011 64,486 2,273 66,759 2,506 2,506 Total department 1,978,788 Leisure services Leisure services - parks Compensation and benefits 1,842,945 Contractual services 246,197 Commodities 188,569 Total activity 2,277,711 Leisure services projects Compensation and benefits 8,731 Contractual services 27,237 Commodities 39,292 Capital outlay 122,623 Total activity 197,883 Downtown area maintenance Compensation and benefits 300,766 Contractual services 41,532 Commodities 19,910 Total activity 362,208 111 Page 272 of 436 City of Waterloo, Iowa Schedule of Expenditures by Function and Department (Continued) General Fund Year Ended June 30, 2021 Golf courses Compensation and benefits 849,429 Contractual services 119,319 Commodities 131,702 Total activity 1,100,450 Golf course improvements Contractual services Total activity 679 679 SportsPlex Compensation and benefits 759,384 Contractual services 297,738 Commodities 136,983 Total activity 1,194,105 Sports & youth services Compensation and benefits 471,716 Contractual services 36,982 Commodities 107,629 Total activity 616,327 Young arena Compensation and benefits 466,382 Contractual services 191,089 Commodities 68,384 Total activity 725,855 Total department 6,475,218 Culture and recreation function totals Compensation and benefits 7,002,558 Contractual services 1,370,544 Commodities 1,022,707 Capital Outlay 193,161 Function total $ 9,588,970 112 Page 273 of 436 City of Waterloo, Iowa Schedule of Expenditures by Function and Department (Continued) General Fund Year Ended June 30, 2021 Community and economic development function Mayor Iowa Northland Council of Governments Contractual services $ 34,887 Total activity 34,887 Tourism promotion Contractual services Total activity Tourism promotion - discretionary Contractual services Total activity Waterloo Convention Center - operations Contractual services Commodities Total activity Waterloo Convention & Visitors Bureau Contractual services Total activity 66,767 66,767 13,619 13,619 790,221 34,400 824,621 493,279 493,279 Total department 1,433,173 Planning & zoning Planning & zoning Compensation and benefits 677,593 Contractual services 13,978 Commodities 3,209 Total activity 694,780 City property management Contractual services Total activity Economic development Compensation and benefits Total activity Special projects Capital outlay Total activity 107,400 107,400 108,371 108,371 137,500 137,500 Total department 1,048,051 113 Page 274 of 436 City of Waterloo, Iowa Schedule of Expenditures by Function and Department (Continued) General Fund Year Ended June 30, 2021 Building Inspections Five Sullivans Convention Center - maintenance Contractual services Total activity and department 6,308 6,308 Community and economic development totals Compensation and benefits 785,964 Contractual services 1,526,459 Commodities 37,609 Capital Outlay 137,500 Function total $ 2,487,532 General Government function Mayor Mayor's office Compensation and benefits $ 296,017 Contractual services 67,085 Commodities 1,218 Total activity 364,320 114 Page 275 of 436 City of Waterloo, Iowa Schedule of Expenditures by Function and Department (Continued) General Fund Year Ended June 30, 2021 Mayor Restricted Projects. Contractual services Commodities Total activity 34,484 3,132 37,616 Administrative SVCS/MIS Compensation and benefits 240,110 Contractual services 138,322 Commodities 46,712 Total activity 425,144 Communications Contractual services Total activity 2,391 2,391 Total department 829,471 City Council City Council Compensation and benefits Contractual services Total activity and department 74,313 3,160 77,473 City Clerk and Finance Electronic media Compensation and benefits 155,446 Contractual services 260 Commodities 5,489 Total activity 161,195 City Clerk & Finance Compensation and benefits 894,980 Contractual services 135,735 Commodities 119,775 Total activity 1,150,490 Liability insurance Compensation and benefits Contractual services Total activity Life/disability insurance Compensation and benefits Total activity 93,891 1,613,529 1,707,420 2,640 2,640 Self -funded health insurance Contractual services 3,721,561 Commodities 207 Total activity 3,721,768 Self funded workers Contractual services Total activity 1,423,516 1,423,516 115 Page 276 of 436 Schedule of Expenditures by Function and Department (Continued) General Fund Year Ended June 30, 2021 Printing Contractual services Total activity 11,857 11,857 Total department 8,178,886 City Attorney City Attorney Compensation and benefits 185,736 Contractual services 94,041 Commodities 6,615 Total activity and department 286,392 Human resources Employee assistance program Contractual services Total activity 13,338 13,338 Human resources Compensation and benefits 417,777 Contractual services 49,002 Commodities 2,132 Total activity 468,911 Safety and wellness Commodities Total activity 12,794 12,794 Total department 495,043 Building inspection Facilities maintenance Compensation and benefits 366,940 Contractual services 179,830 Commodities 37,048 Total activity 583,818 Facilities restricted project Commodities Total activity Veterans Memorial Hall Contractual services Total activity Total department 1,423 1,423 6,855 6,855 592,096 General government totals Compensation and benefits 2,727,850 Contractual services 7,494,966 Commodities 236,545 Function total $ 10,459,361 116 Page 277 of 436 City of Waterloo, Iowa Combining Balance Sheet Nonmajor Governmental Funds June 30, 2021 Special Revenue General Obligation Capital Projects Debt Service Total Assets Cash and cash equivalents $ 14,272,801 $ 26,959,765 $ 711,814 $ 41,944,380 Receivables: Customer accounts 14,407 - 14,407 Property taxes: Delinquent 9,500 100,468 109,968 Succeeding year 613,322 7,392,925 8,006,247 Accrued interest 9,562 60 3 9,625 Due from other governments: Federal 2,190,770 - 2,190,770 Iowa 4,906,487 - 4,906,487 Other 128,298 177,746 73,665 379,709 Inventories and prepaids 31,445 - 31,445 Restricted assets, cash and cash equivalents 3,354,399 256,090 3,610,489 Advances to other funds 21,423 - - 21,423 Total assets $ 25,552,414 $ 27,137,571 $ 8,534,965 $ 61,224,950 Liabilities, Deferred Inflows of Resources and Fund Balances Liabilities: Accounts payable $ 2,259,781 $ 1,125,527 $ 37,079 $ 3,422,387 Retainages payable 390,883 690,814 - 1,081,697 Accrued liabilities 130,133 - - 130,133 Due to other funds 1,745,846 5,258,835 7,004,681 Compensated absences 9,707 - 9,707 Payable from restricted assets 45,030 - 45,030 Unearned revenue 601,291 - 601,291 Total liabilities 5,182,671 7,075,176 37,079 12,294,926 Deferred inflows of resources: Unavailable revenue -property taxes Unavailable revenue -local option sales tax Unavailable revenue -intergovernmental and other Total deferred inflows of resources 622,822 2,105,523 1,901,820 177,746 7,493,393 8,116,215 2,105, 523 2,079,566 4,630,165 177,746 7,493,393 12,301,304 Fund Balances: Nonspendable 31,445 - 31,445 Restricted 14,847,766 25,431,857 1,004,493 41,284,116 Assigned 2,269,510 - 2,269,510 Unassigned (1,409,143) (5,547,208) - (6,956,351) Total fund balances 15,739,578 19,884,649 1,004,493 36,628,720 Total liabilities, deferred inflows of resources and fund balances $ 25,552,414 $ 27,137,571 $ 8,534,965 $ 61,224,950 117 Page 278 of 436 City of Waterloo, Iowa Combining Schedule of Revenues, Expenditures and Changes in Fund Balances Nonmajor Governmental Funds Year Ended June 30, 2021 Special Revenue Capital Projects Debt Service Total Revenues: Property taxes $ 642,334 $ - $ 7,375,359 $ 8,017,693 Other taxes 11,980,555 - 233,182 12,213,737 Investment income 22,014 16,557 7,259 45,830 Rent 190,114 - 44,000 234,114 Intergovernmental 12,415,809 - 12,415,809 Charges for services 331,113 - 331,113 Miscellaneous 2,322 1,600,263 214,969 1,817,554 Total revenues 25,584,261 1,616,820 7,874,769 35,075,850 Expenditures: Current: Public works 16,983,413 - 16,983,413 Culture and recreation 792,397 - 792,397 Community and economic development 8,084,155 757,500 8,841,655 General government 37,148 30,210 67,358 Debt service: Principal - 914,575 8,573,000 9,487,575 Interest expense - 245,899 2,337,239 2,583,138 Capital outlay 53,523 20,966,085 21,019,608 Total expenditures 25,950,636 22,914,269 10,910,239 59,775,144 Revenues over (under) expenditures (366,375) (21,297,449) (3,035,470) (24,699,294) Other financing sources (uses): Transfers in Transfers out Bond premium Payment to escrow from refunding bonds Issuance of refunding bonds Issuance of long-term debt Total other financing sources (uses) (99,820) 2,297,972 3,008,343 5,306,315 (99,820) 315,894 241,602 557,496 (6,472,000) (6,472,000) 6,360,000 6,360,000 13,790,000 - 13,790,000 (99,820) 16,403,866 3,137,945 19,441,991 Net change in fund balance (466,195) (4,893,583) 102,475 (5,257,303) Fund balance, beginning of year 16,205,773 24,778,232 902,018 41,886,023 Fund balance, end of year $ 15,739,578 $ 19,884,649 $ 1,004,493 $ 36,628,720 118 Page 279 of 436 City of Waterloo, Iowa Nonmajor Special Revenue Funds June 30, 2021 Special Revenue Funds account for the proceeds of specific revenue sources that are legally or contractually restricted for particular purposes. The proceeds are segregated into individual funds to ensure that expenditures are made exclusively for qualified purposes, as follows: Local Option Tax Fund: This fund is used to account for resources provided from a 1 % sales tax approved by the citizens of Waterloo which is restricted for the construction, reconstruction and repair of City streets. Library Tax Levy Fund: This fund is used to account for property taxes levied, as passed by local referendum, to be used to increase the hours of operation of the Waterloo Public Library. Community Development Block Grant Fund: This fund accounts for revenue received under the Community Development Block Grant federal entitlement. Housing Programs Fund: This fund is used to account for resources received to provide housing assistance, primarily Federal Section 8 and Ridgeway Towers. Grants Fund: This fund is used to account for resources received for various federal and Iowa funded projects which are not accounted for elsewhere and are restricted to specific programs. Federal Aviation Agency Projects Fund: This fund is used to account for resources from the Federal Aviation Agency and Passenger Facility Charges restricted for airport development. Iowa Reinvestment District Fund: This fund is used to account for resources received from the State of Iowa to reinvest sales tax monies to improve the quality of life for the City of Waterloo's citizens and substantially benefit the community, region and state. 119 Page 280 of 436 City of Waterloo, Iowa Combining Balance Sheet Nonmajor Special Revenue Funds June 30, 2021 Community Local Option Library Development Sales Tax Tax Levy Block Grant Assets Cash and cash equivalents $ 11,002,424 $ 595,506 $ 110,021 Receivables: Customer accounts Property taxes: Delinquent 9,500 - Succeeding year 613,322 - Accrued interest 45 3 9,501 Due from other governments: Federal - 309,600 Iowa 3,017,958 - - Other 121,538 6,760 - Inventories and prepaids - Restricted cash and cash equivalents - - Advances to other funds 13,598 7,825 Total assets $ 14,155,563 $ 1,232,916 $ 429,122 Liabilities, Deferred Inflows of Resources and Fund Balances (Deficit) Liabilities: Accounts payable $ 930,443 $ - $ 52,143 Retainages payable 235,929 - 7,524 Accrued liabilities 44,249 31,852 27,418 Due to other funds - 141,001 Compensated absences 2,242 3,627 Payable from restricted assets - - Unearned revenue - - Total liabilities 1,210,621 34,094 231,713 Deferred inflows of resources: Unavailable revenue - property taxes 622,822 - Unavailable revenue - local option sales tax 2,105,523 - - Unavailable revenue - intergovernmental - 8,646 Total deferred inflows of resources 2,105,523 622,822 8,646 Fund balances (deficit): Nonspendable - - Restricted 8,665,127 482,339 188,763 Assigned 2,174,292 93,661 - Unassigned - - - Total fund balances (deficit) 10,839,419 576,000 188,763 Total liabilities, deferred inflows of resources and fund balances (deficit) $ 14,155,563 $ 1,232,916 $ 429,122 120 Page 281 of 436 Special Revenue Housing Programs $ 2,525,759 $ 14,407 Grants Iowa Federal Aviation Reinvestment Agency Projects District Total $ $ 39,091 $ 14,272,801 14,407 - - 9,500 - - 613,322 13 - 9,562 788 20,431 1,859,951 1,829,107 12,403 31,445 - 2,953,553 55,275 345,571 47,019 2,190, 770 4,906,487 128,298 31,445 3,354,399 21,423 $ 5,525,965 $ 1,904,813 $ 2,217,925 $ 86,110 $ 25,552,414 75,626 $ 424,743 $ 58,637 26,614 - 661,274 3,838 45,030 336,802 264,489 776,826 $ 88,793 943,571 $ 2,259,781 390,883 130,133 1,745,846 9,707 45,030 601,291 487,910 1,409,143 1,809,190 5,182,671 1,849,538 12,403 31,233 622,822 2,105, 523 1,901,820 1,849,538 12,403 31,233 4,630,165 31,445 5,006,610 55,275 (1,409,143) 31,445 396,332 53,320 14, 847, 766 1,557 2,269,510 (1,409,143) 5,038,055 (1,353,868) 396,332 54,877 15,739,578 $ 5,525,965 $ 1,904,813 $ 2,217,925 $ 86,110 $ 25,552,414 121 Page 282 of 436 City of Waterloo, Iowa Combining Statement of Revenues, Expenditures and Changes in Fund Balances (Deficit) Nonmajor Special Revenue Funds Year Ended June 30, 2021 Community Local Option Library Development Sales Tax Tax Levy Block Grant Revenues: Property taxes Other taxes Investment income Rent Intergovernmental Charges for services Miscellaneous Total revenues $ $ 642,334 $ 11, 957, 710 22,845 19,883 915 25,722 2,153, 636 228,246 12,003,315 666,094 2,381,882 Expenditures: Current: Public works 12,586,712 - Culture and recreation 608,698 - Community and economic development - 2,128,209 General government - Capital outlay - - Total expenditures 12,586,712 608,698 2,128,209 Excess of revenues over expenditures (583,397) Other financing uses, transfers out Total other financing uses 57,396 253,673 Change in fund balances (deficit) (583,397) 57,396 253,673 Fund balances (deficit), beginning of year 11,422,816 518,604 (64,910) Fund balances (deficit), end of year $ 10,839,419 $ 576,000 $ 188,763 122 Page 283 of 436 Special Revenue Iowa Federal Aviation Reinvestment Housing Programs Grants Agency Projects District Total $ - $ $ - $ $ 642,334 - - 11,980,555 560 505 151 22,014 190,114 - 190,114 5,899,791 1,546,996 2,744,678 70,708 12,415,809 48,304 28,841 331,113 2,322 - 2,322 6,141,091 1,546,996 2,774,024 70,859 25,584,261 2,282,629 2,114,072 183,699 5,891,901 64,045 - 37,060 53,523 - 88 16,983,413 792,397 8,084,155 37,148 53,523 5,945,424 2,530,373 2,151,132 88 25,950,636 195,667 (983,377) 622,892 70,771 (366,375) (99,820) (99,820) (99,820) (99,820) 195,667 (983,377) 622,892 (29,049) (466,195) 4,842,388 (370,491) (226,560) 83,926 16,205,773 $ 5,038,055 $ (1,353,868) $ 396,332 $ 54,877 $ 15,739,578 123 Page 284 of 436 City of Waterloo, Iowa Capital Projects Funds June 30, 2021 Capital Projects Funds account for the City's financial resources used for the acquisition or construction of major nonproprietary capital facilities. The City of Waterloo has capital projects funds as follows: June 2016 GO Bonds Fund: This fund is used to account for proceeds from the 2016 general obligation bond sale until expended for the restricted purposes. June 2017 GO Bonds Fund: This fund is used to account for proceeds from the 2017 general obligation bond sale until expended for the restricted purposes. June 2018 GO Bonds Fund: This fund is used to account for proceeds from the 2018 general obligation bond sale until expended for the restricted purposes. June 2019 GO Bonds Fund: This fund is used to account for proceeds from the 2019 general obligation bond sale until expended for the restricted purposes. June 2020 GO Bonds Fund: This fund is used to account for proceeds from the 2020 general obligation bond sale until expended for the restricted purposes. Capital Improvements Funds: This fund is used to account for the use of resources on governmental capital projects not accounted for in other capital projects funds and are restricted for specific projects. 124 Page 285 of 436 City of Waterloo, Iowa Combining Balance Sheet Capital Projects Funds June 30, 2021 June 2017 GO Bonds June 2018 GO Bonds June 2019 GO Bonds Assets Cash and cash equivalents $ 584,704 $ 1,564,578 $ 4,933,338 Receivables, other - - Accrued interest 2 4 12 Total assets $ 584,706 $ 1,564,582 $ 4,933,350 Liabilities, Deferred Inflows of Resources and Fund Balances (Deficit) Liabilities: Accounts payable $ 23,789 $ 57,282 $ 158,336 Retainages payable 10,195 205,991 15,119 Due to other funds - - Total liabilities 33,984 263,273 173,455 Deferred inflows of resources, unavailable revenue —other Fund balances (deficit): Restricted Unassigned Total fund balances (deficit) Total liabilities, deferred inflows of resources and fund balances (deficit) 550,722 1,301,309 4,759,895 550,722 1,301,309 4,759,895 $ 584,706 $ 1,564,582 $ 4,933,350 125 Page 286 of 436 June 2020 June 2021 Capital GO Bonds GO Bonds Improvements Total $ 6,406,580 $ 13,404,225 $ 66,340 $ 26,959,765 - - 177,746 177,746 15 27 60 $ 6,406,595 $ 13,404,252 $ 244,086 $ 27,137,571 $ 253,715 $ 507,710 $ 124,695 $ 1,125,527 32,001 263,830 163,678 690,814 5,258,835 5,258,835 285,716 771,540 5,547,208 7,075,176 - - 177,746 177,746 6,120,879 12,632,712 66,340 25,431,857 - - (5,547,208) (5,547,208) 6,120,879 12,632,712 (5,480,868) 19,884,649 $ 6,406,595 $ 13,404,252 $ 244,086 $ 27,137,571 126 Page 287 of 436 City of Waterloo, Iowa Combining Statement of Revenues, Expenditures and Changes in Fund Balances (Deficit) Capital Projects Funds Year Ended June 30, 2021 June 2016 GO Bonds June 2017 GO Bonds June 2018 GO Bonds Revenues: Investment income $ 222 $ 904 $ 2,599 Miscellaneous Total revenues 222 904 2,599 Expenditures: Community and economic development - - General government 47 28 Debt service: Principal - - Interest expense 3,500 - Capital outlay 710,573 1,029,506 3,033,059 Total expenditures 710,573 1,033,053 3,033,087 Revenues under expenditures (710,351) Other financing sources: Transfers in Bond premium Issuance of long-term debt - - (1,032,149) (3,030,488) Total other financing sources - Net change in fund balances (deficit) (710,351) (1,032,149) (3,030,488) Fund balances (deficit), beginning of year 710,351 1,582,871 4,331,797 Fund balances (deficit), end of year $ $ 550,722 $ 1,301,309 127 Page 288 of 436 June 2019 GO Bonds June 2020 GO Bonds June 2021 Capital GO Bonds Improvements Total $ 5,371 $ 7,434 $ 27 $ $ 16,557 - - 1,600,263 1,600,263 5,371 7,434 27 1,600,263 1,616,820 - 757,500 - 757,500 78 230 75 29,752 30,210 - 16 2,849,552 6,264,218 2,849,630 7,021,964 - 914,575 914,575 156,958 85,425 245,899 1,316,176 5,763,001 20,966,085 1,473,209 6,792,753 22,914,269 (2,844,259) (7,014,530) (1,473,182) (5,192,490) (21,297,449) 2,297,972 315,894 13,790,000 2,297,972 315,894 13,790,000 14,105,894 2,297,972 16,403,866 (2,844,259) (7,014,530) 12,632,712 (2,894,518) (4,893,583) 7,604,154 13,135,409 (2,586,350) 24,778,232 $ 4,759,895 $ 6,120,879 $ 12,632,712 $ (5,480,868) $ 19,884,649 128 Page 289 of 436 City of Waterloo, Iowa Statistical Section This part of the City of Waterloo's comprehensive annual financial report presents detailed information as a context for understanding what the information in the financial statements, note disclosures, and required supplementary information says about the City's overall financial health. Contents Page Financial Trends These schedules contain trend information to help the reader understand how the City's financial performance and well-being have changed over time. Revenue Capacity These schedules contain information to help the reader assess the City's most significant local revenue source, the property tax. Debt Capacity These schedules present information to help the reader assess the affordability of the City's current levels of outstanding debt and the City's ability to issue additional debt in the future. Demographic and Economic Information These schedules offer demographic and economic indicators to help the reader understand the environment within which the City's financial activities take place. Operating Information These schedules contain service and infrastructure data to help the reader understand how the information in the City's financial report relates to the services the city provides and the activities it performs. Sources: Unless otherwise noted, the information in these schedules is derived from the annual comprehensive financial reports for the relevant year. 130 135 139 144 146 129 Page 290 of 436 Governmental activities Net investment in capital assets Restricted Unrestricted Total governmental activities net position Business -type activities Net investment in capital assets Restricted Unrestricted Total business -type activities net position Primary government Net investment in capital assets Restricted Unrestricted Total primary government net position City of Waterloo, Iowa Net Position by Component Last Ten Fiscal Years (accrual basis of accounting) 2012 $ 250,819,314 31,552,558 9,694,131 2013 2014 2015 $ 264,695,106 $ 273,871,470 $ 307,415,275 30,823,956 30,579,471 30,438,501 7,214,587 8,998,045 (31,681,588) $ 292,066,003 $ 302,733,649 $ 313,448,986 $ 306,172,188 $ 71,243,134 1,655,694 14,659,699 $ 74,508,694 $ 79,920,865 $ 78,270,214 1,383,659 1,310,099 727,235 14,202,857 11,445,832 11,638,646 $ 87,558,527 $ 90,095,210 $ 92,676,796 $ 90,636,095 $ 322,062,448 33,208,252 24,353,830 $ 339,203,800 $ 353,792,335 $ 385,685,489 32,207,615 31,889,570 31,165,736 21,417,444 20,443,877 (20,042,942) $ 379,624,530 $ 392,828,859 $ 406,125,782 $ 396,808,283 130 2016 2017 $ 316,701,068 $ 306,360,558 20,032,995 55,182,022 (23,683,497) (31,089,693) 2018 2019 $ 313,405,227 $ 320,748,412 52, 436, 491 53, 863, 633 (40,527,523) (43,479,555) $ 313,050,566 $ 330,452,887 $ 325,314,195 $ 331,132,490 $ 79,522,665 672,515 12,025,408 $ 79,180,253 $ 82,504,631 $ 81,369,121 672,515 672,515 47,826 14,478,547 9,375,653 14,702,034 $ 92,220,588 $ 94,331,315 $ 92,552,799 $ 96,118,981 $ 396,223,733 $ 385,540,811 20,705,510 55,854,537 (11,658,089) (16,611,146) $ 395,909,858 53,109,006 (31,151,870) $ 402,117,533 53,911,459 (28,777,521) $ 405,271,154 $ 424,784,202 $ 417,866,994 $ 427,251,471 2020 2021 $ 338,162,674 $ 357,396,168 44,923,907 39,925,625 (45,440,432) (46,515,207) $ 337,646,149 $ 350,806,586 $ 87,857,186 19,491 13,571,612 $ 101,448,289 $ 92,076,757 138,467 14,981,482 $ 107,196,706 $ 426,019,860 $ 449,472,925 44,943,398 40,064,092 (31,868,820) (31,533,725) $ 439,094,438 $ 458,003,292 Page 291 of 436 Expenses Governmental activities: Public safety Public works Health and social services Culture and recreation Community and economic development General government Interest on long-term debt Total governmental activities expenses Business -type activities: Sanitary sewer Sanitation Total business -type activities expenses Total primary government expenses Program Revenue Governmental activities: Charges for services: Public safety Public works Culture and recreation Other activities Operating grants and contributions Capital grants and contributions Total governmental activities program revenue Business -type activities: Charges for services: Sanitary sewer Sanitation Operating grants and contributions: Sanitary sewer Sanitation Capital grants and contributions: Sanitary sewer Sanitation Total business -type activities program revenue Total primary government program revenue Net (Expense)/Revenue Governmental activities Business -type activities Total primary government net expense City of Waterloo, Iowa Changes in Net Position Last Ten Fiscal Years (accrual basis of accounting) (Page 1 of 2) 2012 2013 2014 2015 $ 30,037,249 $ 31,913,280 $ 31,773,269 $ 25,988,767 23,297,561 24,938,888 28,911,525 29,570,277 278,589 299,282 368,173 325,607 10,515,120 10,491,266 11,315,704 11,676,287 16,138,333 14,129,616 12,910,299 13,190,672 4,219,355 3,714,993 2,749,672 4,869,696 2,459,710 2,680,614 2,349,054 2,208,744 86,945,917 88,167,939 90,377,696 87,830,050 9,730,465 10,033,041 3,680,500 3,640,314 2016 $ 34,120,160 29,670,192 295,088 11,950,688 13,753,669 5,247,593 2,048,517 97,085,907 2017 2018 2019 2020 2021 $ 33,735,948 $ 20,828,929 $ 33,071,755 $ 38,539,492 $ 39,844,040 35,579,527 34,150,050 27,415,746 27,453,883 31,393,797 381,203 369,832 279,470 265,757 281,594 15,012,599 12,667,184 12,573,777 11,297,723 11,878,940 12,860,289 17,417,572 11,593,102 11,778,352 12,518,489 10,421,434 10,174,531 9,049,085 9,792,001 10,644,609 2,175,284 2,385,499 2,452,792 2,413,402 2,212,316 110,166,284 97,993,597 96,435,727 101,540,610 108,773,785 9,811,929 12, 518, 569 14, 018, 836 13, 635, 403 3,215,663 3,612,307 3,921,263 13, 410, 965 13, 673, 355 13, 027, 592 16,130, 876 17, 940, 099 17, 686,181 $ 100,356,882 $ 101,841,294 $ 103,405,288 $ 103,960,926 $ 115,026,006 $ 127,852,465 4,050,778 4,166,465 $ 3,602,246 2,224,870 2,592,204 1,268,316 16,603,449 10,720,735 $ 3,683,489 $ 3,800,273 2,192,414 2,802,925 2,492,426 3,010,899 1,489,631 1,531,761 14,967,188 11,938,221 9,364,734 12,668,122 $ 4,018,731 2,498,057 3,361,891 1,667,019 11,335,064 39,116,737 37,011,820 34,189,882 35,752,201 61,997,499 $ 4,325,957 1,284,289 3,645,647 769,733 18,581,010 9,065,137 37,671,773 $ 4,231,224 2,474,497 3,538,243 1,574,497 13,138,910 35,704,168 13,107,645 12,254,389 12,287,197 12,110,438 4,196,226 4,963,445 5,272,312 17, 274,110 16, 450, 615 17, 250, 642 17, 382, 750 $ 115,267,707 $ 112,886,342 $ 118,791,252 $ 126,156,535 $ 4,410,854 $ 4,460,965 3,641,744 2,451,369 3,503,643 3,370,198 1,284,986 1,438,591 11,617,786 12,380,601 12,757,084 8,651,622 60,661,539 37,216,097 32,753,346 $ 7,036,405 2,337,247 3,213,303 1,351,116 12,158,925 7,151,415 $ 6,120,115 2,448,785 3,897,666 2,684,498 16,409,982 10,923,191 33, 248,411 42,484,237 13,147,754 12,285,502 12,845,301 12,661,602 14,277,752 15,235,503 13,208,176 14,802,101 16,657,811 16,797,429 3,572,238 3,615,787 3,609,500 3,585,270 3,650,271 3,820,281 3,738,070 3,747,590 5,044,236 5,835,299 54,041 - - 24,236 1,892 206,145 37,055 - 2,005 1,001 215,584 273,869 272,755 274,324 273,624 290,513 273,624 273,624 273,857 273,550 82,443 560 17,072,620 $ 54,084,440 13,585 16,188,743 16,727,556 16,545,432 19,475,315 $ 50,378,625 $ 52,479,757 $ 78,542,931 $ 57,147,088 1,271,776 192,977 145,656 310,250 356,837 204,889 19,745,419 17,402,581 19,133,565 22,334,746 23,112,168 $ 80,406,958 $ 54,618,678 $ 51,886,911 $ 55,583,157 $ 65,596,405 $ (49,934,097) $ (53,978,057) $ (54,625,495) $ (25,832,551) $ (59,414,134) $ (49,504,745) $ (60,777,500) $ (63,682,381) $ (68,292,199) $ (66,289,548) 3,661,655 2,515,388 3,699,964 414,556 1,535,216 2,059,238 128,471 2,682,950 5,084,104 5,729,418 $ (46,272,442) $ (51,462,669) $ (50,925,531) $ (25,417,995) $ (57,878,918) $ (47,445,507) $ (60,649,029) $ (60,999,431) $ (63,208,095) $ (60,560,130) 131 Page 292 of 436 General Revenue and Other Changes in Net Position Governmental activities: Taxes: Property taxes Other taxes Investment earnings Miscellaneous Gain on sale of assets Transfers Total governmental activities Business -type activities: Investment earnings Gain (loss) on sale of assets Transfers Total business -type activities Total primary government Changes in Net Position Governmental activities Business -type activities Total primary government City of Waterloo, Iowa Changes in Net Position Last Ten Fiscal Years (accrual basis of accounting) (Page 2 of 2) 2012 2013 $ 42,822,680 $ 45,536,650 14, 844, 322 15,142,297 54,485 45,578 3,315,471 3,925,918 (44,167) (4,740) 60,992,791 64, 645, 703 18,612 44,167 62,779 16,555 4,740 2014 2015 2016 2017 $ 44,585,915 $ 45,514,979 $ 46,327,997 $ 46,530,686 16, 745, 434 17, 471, 721 17, 554, 079 17, 260, 380 117,515 180,123 187,046 339,895 2,748,468 1,108,633 2,034,957 2,741,240 188,433 34,865 (2,035) - - 64,197,332 64,273,421 66,292,512 66,907,066 25,122 39,714 1,711 2,035 49,277 21,295 25,122 43,460 49,277 51,489 2018 $ 47,404,667 17,239,619 842,018 4,592,600 70,078,904 104,439 46,298 51,489 150,737 2019 $ 47,722,089 18,757,207 1,468,222 2,186,481 (633,323) 2020 $ 49,332,480 19,039,780 978,205 5,455,393 69,500,676 74,805,858 2021 $ 52,877,346 20,577,471 124,727 5,870,441 79,449,985 246,059 205,504 10,999 3,850 39,700 8,000 633,323 - - 883,232 245,204 18,999 $ 61,055,570 $ 64,666,998 $ 64,222,454 $ 64,316,881 $ 66,341,789 $ 66,958,555 $ 70,229,641 $ 70,383,908 $ 75,051,062 $ 79,468,984 $ 11,058,694 $ 10,667,646 $ 10,715,337 $ 38,440,870 $ 6,878,378 $ 17,402,321 3,724,434 2,536,683 2,581,586 458,016 1,584,493 2,110,727 $ 9,301,404 $ 5,818,295 $ 6,513,659 $ 13,160,437 279,208 3,566,182 5,329,308 5,748,417 $ 14,783,128 $ 13,204,329 $ 13,296,923 $ 38,898,886 $ 8,462,871 $ 19,513,048 $ 9,580,612 $ 9,384,477 $ 11,842,967 $ 18,908,854 132 Page 293 of 436 General Fund Nonspendable Restricted Committed Assigned Unassigned Total general fund All Other Governmental Funds Nonspendable Restricted Assigned Unassigned Total all other governmental funds GASB Statement No. 54, Fund Balance City of Waterloo, Iowa Fund Balances - Governmental Funds Last Ten Fiscal Years (modified accrual basis of accounting) 2012 2013 2014 $ 326,276 $ 322,077 $ 3,438,392 5,497,065 4,802,837 5,318,721 9,644,699 8,907,668 392,741 8,667,499 36,595 4,430,460 10,184,876 2015 2016 $ 323,781 $ 9,109, 347 2017 267,413 $ 197,324 10,390,434 8,565,653 4,848,307 5,007,033 5,410,593 10,224,959 9,836,132 9,546,862 $ 18,212,204 $ 20,045,531 $ 23,712,171 $ 24,506,394 $ 297,516 $ 233,192 42,286,946 42,907,706 2,332,997 2,370,221 (7,161,884) (4,608,778) $ 37,755,575 $ 40,902,341 466,165 28,709,385 80,148 (1,929,863) $ 298,880 38,887,421 2,396,279 (5,711,850) 27,325,835 $ $ 25,501,012 $ 23,720,432 $ 290,117 47,673,892 2,424,601 (4,495,025) $ 261,770 75,498,203 2,458,279 (3,347,626) 35,870,730 $ 45,893,585 $ 74,870,626 Reporting and Govemmental Fund Type Definitions, implemented in fiscal year 2011. 2018 $ 528,775 7,839,825 33,004 5,902,856 9,479,091 $ 23,783,551 2019 $ 392,145 6,384,873 154,511 5,465,413 10,277,115 $ 22,674,057 2020 $ 584,290 5,888,663 229,791 5,633,149 11,188,047 2021 $ 898,156 5,027,951 7,871, 374 12,736,746 $ 23,523,940 $ 26,534,227 131,211 $ 219,283 $ 140,959 66,401,834 73,478,029 66,733,675 2,549,694 2,763,872 2,910,389 (3,091,717) (3,681,465) (3,674,580) 65,991,022 $ 72,779,719 $ 66,110,443 313,422 60,645,760 2,939,425 (6,956,351) 56,942,256 133 Page 294 of 436 Revenue Property taxes Other taxes Licenses and permits Investment income Rent* Intergovernmental Charges for services* Interfund charges for service Special assessments Miscellaneous Total revenue Expenditures Current: Public safety Public works Health and social services Culture and recreation Community and economic development General government Debt service Principal Interest and fees Capital outlay Total expenditures Revenue over (under) expenditures Other financing sources (uses) Transfers in Transfers out Insurance proceeds Proceeds from sale of assets Refunding bonds issued Payment to refunded bond escrow agent Proceeds from debt issued Bond discounts and premiums Total other financing sources (uses) Net change in fund balances Debt service as a percentage of noncapital expenditures City of Waterloo, Iowa Changes in Fund Balances - Governmental Funds Last Ten Fiscal Years (modified accrual basis of accounting) 2012 $ 42,864,091 15,460,718 1,119,886 54,485 1,186,419 25,596,988 6,748,285 1,935,000 93,870 3,702,763 2013 2014 2015 $ 45,485,229 $ 44,623,905 $ 45,440,607 14,683,459 16, 946, 689 17, 599, 304 1,128,513 1,350,599 1,413, 739 45,578 117,515 183,938 1,191, 376 1,263,682 1,293,559 27,797,797 23,425,271 28,647,425 6,512,462 6,894,308 7,371,370 1,935,000 1,935,000 1,935,000 124,467 139,408 127,266 4,503,173 3,425,567 2,760,949 98,762,505 103,407,054 100,121,944 106, 773,157 2016 $ 46,259,411 17,309,079 1,491,131 187,047 1,235,525 26,670,622 8,142, 707 1,935,000 138,434 2,032,729 105,401,685 2017 $ 46,530,686 17,541,380 1,543, 716 339,895 1,257,433 43,647,665 8,025,850 2,185,000 133,943 1,765,900 2018 $ 47,404,667 17,239,619 1,364,662 842,018 1,219,786 20,141,757 8,088,333 2,255,000 176,382 3,249,040 122,971,468 101,981,264 2019 $ 47,720,396 18,764,207 1,454,547 1,468,222 1,273,336 24,374,718 7,923,398 2,180,000 201,637 2,776,159 108,136,620 2020 $ 48,086,079 18,227,575 1,466,645 978,205 1,350,265 19,595,972 10,018,667 2,180,000 126,258 3,689,350 2021 $ 52,877,346 20,765,591 1,392,173 124,727 1,268,940 25,735,011 10,073,458 2,416,493 169,139 3,940,108 105, 719, 016 118,762,986 29,272,717 30,517,147 30,865,364 30,588,630 31,380,988 30,518,380 30,733,487 32,108,023 34,004,492 35,398,811 25,565,737 26,286,055 29,009,814 34,515,685 26,664,570 19,526,031 22,895,182 14,212,521 22,136,849 28,042,204 346,952 370,275 365,847 407,060 375,769 379,958 365,193 276,922 270,460 286,771 9,396,914 9,134,554 9,835,758 10,633,238 10,837,983 10,616,332 10,580,629 10,353,767 9,906,832 10,310,829 13,794,104 13,555,391 12,966,402 11,783,311 13,483,447 12,265,460 10,508,576 11,442,804 12,583,363 14,554,888 4,956,104 3,980,405 2,468,932 5,459,817 5,671,640 10,042,300 8,894,390 8,483,284 9,627,947 10,540,061 8,623,207 8,708,554 8,886,944 9,659,890 11,314,503 9,698,561 11,336,261 10,379,792 14,523,780 9,879,128 2,536,705 2,377,108 2,300,105 2,023,366 2,169,997 2,268,663 2,514,761 2,502,968 2,661,551 2,633,620 14,140,916 9,646,195 14,033,868 11,855,746 12,835,209 19,625,850 23,921,255 23,189,451 25,658,879 34,953,743 108,633,356 104, 575,684 110, 733,034 116,926,743 114, 734,106 114,941,535 121, 749,734 112,949,532 131, 374,153 146,600,055 (9,870,851) (1,168,630) (10,611,090) (10,153,586) (9,332,421) 8,029,933 (19,768,470) (4,812,912) (25,655,137) (27,837,069) 14,206,860 12,765,878 11,006,208 10,276,970 14,882,427 11,857,853 13,154,342 11,910,365 14,897,791 13,925,382 (14,206,860) (12,765,878) (11,006,208) (10,276,970) (14,882,427) (11,857,853) (13,154,342) (11,910,365) (14,897,791) (13,925,382) 19,968 173,397 356,454 1,400 766,470 1,624,380 1,112,624 - 1,659,358 1,986,893 71,014 47,937 (6,168) 335,618 95,564 206,006 171,426 56,088 336,362 4,200,000 2,630,000 8,670,000 - 1,425,000 6,472,000 - (6,744,723) (8,806,014) - (2,040,000) - (6,472,000) 6,740,000 9,900,348 11,595,000 8,000,000 19,140,000 19,210,000 8,090,000 10,000,000 17,675,000 18,798,418 269,088 118,687 205,713 129,606 107,806 276,585 118,355 320,689 445,298 557,496 11,229,056 6,148,723 12,069,090 8,124,838 20,349,894 19,166,529 10,951,985 10,492,115 19,835,744 21,679,169 $ 1,358,205 $ 4,980,093 $ 1,458,000 $ (2,028,748) $ 11,017,473 $ 27,196,462 $ (8,816,485) $ 5,679,203 $ (5,819,393) $ (6,157,900) 11.8% 13.2% 12.3% 13.2% 13.2% 12.6% 14.2% 14.4% 16.3% 12.4% 134 Page 295 of 436 City of Waterloo, Iowa Assessed and Taxable Value of Property Last Ten Fiscal Years For Fiscal Less: Total Taxable Assessment Year Military Total Taxable Total Total Value as a Date Ended Residential Commercial Industrial TIF Other Tax -Exempt Assessed Direct Assessed Percentage of January 1, June 30, Property Property Property Property Property Property Value Tax Rate Value Assessed Value 2010 2012 1,166,201,221 781,318,790 100,090,080 150,383,839 111,996,683 7,253,351 2,302,737,262 18.53335 3,747,030,046 61.45% 2011 2013 1,251,445,651 813,065,056 121,443,090 179,551,015 111,367,841 6,985,742 2,469,886,911 18.20505 3,738,165,467 66.07% 2012 2014 1,316,533,993 800,057,810 122,324,860 183,333,664 111,068,231 6,742,623 2,526,575,935 17.49319 3,762,106,346 67.16% 2013 2015 1,303,730,888 717,175,119 112,118,499 207,637,570 112,027,732 6,558,362 2,446,131,446 17.95159 3,629,362,635 67.40% 2014 2016 1,347,497,993 662,021,833 105,004,150 214,993,747 110,527,435 6,267,608 2,433,777,550 17.76370 3,656,417,436 66.56% 2015 2017 1,383,126,415 620,075,361 104,318,361 229,899,157 151,573,034 6,008,327 2,482,984,001 17.60522 3,770,142,165 65.86% 2016 2018 1,426,734,942 626,685,915 102,735,087 230,753,488 141,987,418 5,774,986 2,523,121,864 17.60000 3,797,591,542 66.44% 2017 2019 1,400,102,962 614,016,517 101,985,208 263,287,703 158,466,327 5,436,059 2,532,422,658 17.45595 3,858,553,457 65.63% 2018 2020 1,447,591,365 654,112,386 102,437,652 267,969,299 153,414,284 4,932,861 2,620,592,125 17.54799 3,945,324,830 66.42% 2019 2021 1,439,257,464 648,885,677 105,155,528 284,405,439 145,359,250 4,675,374 2,618,387,984 18.44026 4,043,161,870 64.76% Source: Black Hawk County Auditor. Notes: (1) Does not include tax-exempt property. Tax rates are per $1,000 of assessed value. (2) Property tax on machinery and equipment was phased out during the period FYE2001 through FYE2003. (3) A new category for multi -residential property was created by the state beginning in FYE2017. These valules are included in the "Other Property" category (4) A rollback from assessed to taxable valuation was implemented for commerical and industrial property beinning in FYE2017. The facto was 5% for FYE2017 and 135 Page 296 of 436 City of Waterloo, Iowa Property Tax Rates Direct and Overlapping Governments Last Ten Fiscal Years Overlapping Rates City of Waterloo Black Hawk County Schools Total Total Total Direct & Fiscal Operating Debt Total City Operating Debt County Operating Debt School Overlapping Year Millage Service Millage Millage Service Millage Millage Service Millage Other Rates 2012 15.16068 3.37267 18.53335 5.92415 0.67322 6.59737 15.28141 1.00000 16.28141 1.28109 42.69322 2013 15.03346 3.17159 18.20505 5.59849 0.64144 6.23993 14.80265 1.00000 15.80265 1.33770 41.58533 2014 14.39276 3.10043 17.49319 5.39234 0.62882 6.02116 13.12135 2.60683 15.72818 1.36950 40.61203 2015 14.74920 3.20239 17.95159 5.52447 0.59472 6.11919 13.28631 2.68895 15.97526 1.35851 41.40455 2016 14.50433 3.25937 17.76370 5.43985 1.30832 6.74817 12.92607 2.69825 15.62432 1.34988 41.48607 2017 14.44418 3.16104 17.60522 5.48507 0.96070 6.44577 12.72660 2.67340 15.40000 1.33315 40.78414 2018 14.48927 3.11073 17.60000 5.60805 0.80702 6.41507 12.33034 2.65121 14.98155 1.33495 40.33157 2019 14.46767 2.98828 17.45595 5.96158 0.73145 6.69303 11.96864 2.60324 14.57188 1.36344 40.08430 2020 14.79204 2.75595 17.54799 5.72918 0.57445 6.30363 11.63832 2.56862 14.20694 1.43491 39.49347 2021 15.68435 2.75591 18.44026 5.94328 0.39297 6.33625 11.63405 2.57289 14.20694 1.47747 40.46092 Source: Black Hawk County Auditor. 136 Page 297 of 436 Employer MidAmerican Energy Deere and Company IOC Black Hawk County, Inc. Con Agra k/n/a Hunt Wesson, Inc. Ferguson Enterprises, Inc. FDP WTC LLC VGM Management, Inc. Tyson Fresh Meats (formerly IBP, Inc.) Bertch Cabinet Manufacturing, Inc. Walmart Crossroads Realty LLC Howard Allen Investments Qwest Corporation (formerly US West) Total City of Waterloo, Iowa Principal Taxpayers Current Year and Nine Years Ago 2021 Assessed Value 1/1/2019 Rank $ 78,315,653 1 50,559,222 2 48,954,195 3 31,500,000 4 18,636,903 5 16,711,938 6 16,594,492 7 15,992,295 8 14,318,676 9 12,011,454 10 $ 303,594,828 Source: Official Bond Statements prepared by Speer Financial, Inc. Percentage of Total Assessed Value 1.94% 1.25% 1.21% 0.78% 0.46% 0.41% 0.41% 0.40% 0.35% 0.30% 2012 Assessed Value 1 /1 /2010 Rank $ 133,305,953 1 28,300,210 4 73,670,230 2 26,580,220 5 24,732,360 6 17,306,720 7 15,607,970 8 39,530,390 3 15,590,980 9 13,138,639 10 7.51% $ 387,763,672 Percentage of Total Assessed Value 3.56% 0.76% 1.97% 0.71% 0.66% 0.46% 0 1.05% 0.42% 0.35% 10.36% 137 Page 298 of 436 City of Waterloo, Iowa Property Tax Levies and Collections Last Ten Fiscal Years Percent of Percent of Assessment Fiscal Year Current Current Tax Delinquent Total Total Tax Date Ended Total Tax Collections Tax Tax Collections January 1, June 30, Tax Levy Collections To Tax Levy Collections Collections To Tax Levy 2010 2012 38,703,447 38,469,916 99.40% 20,895 38,490,811 99.45% 2011 2013 40,620,062 40,275,404 99.15% 18,966 40,294,370 99.20% 2011 2013 40,620,062 40,275,404 99.15% 18,966 40,294,370 99.20% 2013 2015 39,200,603 38,901,557 99.24% (362,370) * 38,539,187 98.31% 2014 2016 38,480,720 38,405,051 99.80% (176,170) * 38,228,881 99.35% 2014 2016 38,480,720 38,405,051 99.80% (176,170) * 38,228,881 99.35% 2016 2018 39,613,829 39,602,704 99.97% 8,658 39,611,362 99.99% 2017 2019 38,984,631 38,980,335 99.99% 21,994 39,002,329 100.05% 2018 2020 40,639,192 40,122,621 98.73% 34,427 40,157,048 98.81% 2019 2021 42,422,199 42,700,728 100.66% 290,135 42,990,863 ^ 101.34% Source: Black Hawk County Auditor's office. Current year tax collections can exceed the total tax levy in certain instances, such as when property valuation adjustments are made after the tax levy certifications are completed. Information regarding changes to levies and the years that delinquent payments are attributable is not available to the City. ^ Due to the COVID-19 pandemic, the Governor of Iowa extended the due date for tax collections for the year ended June 30, 2020 to July 2020, resuling in higher delinquent tax collections for the year ended June 30, 2021. *A number of property valuation appeals for the valuation at the January 1, 2011 assessment date were settled during the fiscal years ended June 30, 2014, 2015 and 2016 which resulted in refunds owed for prior taxes paid on those properties. Black Hawk County netted those refunds from delinquent taxes paid to the City, resulting in negative delinquent tax collections. 138 Page 299 of 436 City of Waterloo, Iowa Ratios of Outstanding Debt by Type Last Ten Fiscal Years Governmental Activities Business -Type Activities General General Obligation General Total Percentage Fiscal Obligation Capital Loan Capital Other Obligation Revenue Capital Other Primary of Personal Per Year Bonds Notes Leases Debt Bonds Bonds Leases Debt Government Income* Capita* 2012 68,651,784 2,111,193 20,870,997 4,727,951 96,361,925 3.82% 1,411 2013 65,966,220 2,524,312 24,400,407 3,119,608 96,010,547 3.58% 1,404 2014 69,226,920 2,281,997 22,253,712 1,914,460 95,677,089 3.38% 1,399 2015 67,833,111 2,061,307 25,804,346 719,286 96,418,050 3.37% 1,409 2016 75,897,719 1,934,063 23,198,824 142,604 101,173,210 3.59% 1,479 2017 83,682,844 1,788,702 21,692,273 107,163,819 3.78% 1,566 2018 81,969,301 8,019,724 19,136,397 1,534,000 110,659,422 3.81% 1,598 2019 82,879,508 6,905,931 16,583,131 2,091,522 108,460,092 3.65% 1,586 2020 87,276,792 5,862,152 14,541,676 2,030,495 109,711,115 3.40% 1,604 2021 92,697,175 3,762,929 5,913,513 12,512,539 17,403,732 132,289,888 3.92% 1,934 Note: Details regarding the city's outstanding debt can be found in the notes to the financial statements. * Personal income and population data can be found in the Schedule of Demographic and Economic Statistics. These ratios are calculated using personal income and population for the prior calendar year. 139 Page 300 of 436 City of Waterloo, Iowa Ratios of General Bonded Debt Outstanding Last Ten Fiscal Years Percentage of General Total Assessed Fiscal Obligation Assessed Value Value Per Year Bonds of Property of Property Capita* 2012 89,522,781 3,747,030,046 2.39% 2013 90,366,627 3,738,165,467 2.42% 2014 91,480,632 3,762,106,346 2.43% 2015 93,637,457 3,629,362,635 2.58% 2016 99,096,543 3,656,417,436 2.71% 2017 105,375,117 3,770,142,165 2.79% 2018 101,105,698 3,797,591,542 2.66% 2019 99,462,639 3,858,553,457 2.58% 2020 101,818,468 3,945,324,830 2.58% 2021 105,209,714 4,043,161,870 2.60% 1,309 1,321 1,337 1,369 1,449 1,540 1,478 1,454 1,488 1,538 Note: Details regarding the city's outstanding debt can be found in the notes to the financial statements. * Population data can be found in the Schedule of Demographic and Economic Statistics. 140 Page 301 of 436 City of Waterloo, Iowa Direct and Overlapping Governmental Activities Debt As of June 30, 2021 Governmental Unit Estimated Estimated Percentage Share of Debt Applicable Overlapping Outstanding To City* Debt City of Waterloo direct debt $ 102,373,617 100.00% $ 102,373,617 Overlapping: Black Hawk County $ 22,350,000 42.99% 9,608,265 Hawkeye Community College Subtotal, overlapping debt Total direct and overlapping debt Source: Black Hawk County Auditor 11,560,000 $ 33,910,000 $ 136,283,617 24.30% 2,809,080 $ 12,417,345 $ 114,790,962 Note: Overlapping governments are those that coincide, at least in part, with the geographic boundaries of the city. This schedule estimates the portion of the outstanding debt of those overlapping governments that is borne by the residents and businesses of the City of Waterloo. This process recognizes that, when considering the city's ability to issue and repay long-term debt, the entire debt burden borne by the residents and businesses should be taken into account. However, this does not imply that every taxpayer is a resident, and therefore responsible for repaying the debt, of each overlapping government. *The percentage of overlapping debt applicable is estimated using net taxable property values. Applicable percentages were estimated by determining the portion of the County's net value that is within the government's boundaries and dividing it by the County's total value. Source: Black Hawk County Auditor 141 Page 302 of 436 City of Waterloo Legal Debt Margin Information Last Ten Fiscal Years 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Debt Limit $ 187,351,502 $ 186,908,273 $ 188,105,317 $ 181,167,349 $ 182,820,872 $ 188,507,108 $ 189,879,577 $ 192,927,673 $ 197,266,242 $ 202,158,094 Total net debt applicable to limit 91,633,974 92,890,939 93,762,629 95,698,764 101, 030, 606 107,163, 819 109,125,422 106, 368, 570 107, 680, 620 114,700,920 Legal debt margin $ 95,717,528 $ 94,017,334 $ 94,342,688 $ 85,468,585 $ 81,790,266 $ 81,343,289 $ 80,754,155 $ 86,559,103 $ 89,585,622 $ 87,457,174 Total net debt applicable to the limit as a percentage of debt limit 48.91% 49.70% 49.02% 49.44% Estimated actual valuation (assessed) as of January 1, 2019 Debt limit (5% of total estimated actual valuation) Debt applicable to debt limit: General obligation bonds Capital leases General obligation capital loan notes Total net debt applicable to limit 49.44% 56.85% 55.26% 55.13% 54.59% 56.74% Legal Debt Margin Calculation for Fiscal Year 2021: $ 4,043,161,870 202,158,094 105,024,478 5,913,513 3,762,929 114,700,920 Legal debt margin $ 87,457,174 Note: Under the State of Iowa Constitution, the city's outstanding general obligation debt should not exceed 5% of total assessed property value. 142 Page 303 of 436 City of Waterloo, Iowa Sewer Revenue Bond Coverage Last Ten Fiscal Years Less: Applicable Net Revenue Debt Fiscal Gross Operating Available for Service Year Revenue Expenses Debt Service Requirements Coverage 2012 13,217,083 6,450,294 6,766,789 1,655,847 4.0866 2013 12,312,670 6,803,784 5,508,886 1,659,883 3.3188 2014 12,863,347 8,069,660 4,793,687 1,259,403 3.8063 2015 12,716,670 9,894,071 2,822,599 1,233,703 2.2879 2016 14,261,375 11,319,925 2,941,450 592,413 4.9652 2017 15,229,015 11,307,231 3,921,784 144,200 29.2810 2018 13,362,514 9,263,755 4,098,759 66,469 61.6642 2019 15,003,350 8,433,566 6,569,784 193,738 33.9107 2020 16,835,257 8,462,090 8,373,167 230,600 36.3104 2021 16,811,009 8,563,164 8,247,845 505,522 16.3155 Note: Details regarding the city's outstanding debt can be found in the notes to the financial statements. Gross revenue includes both operating and non -operating revenue. Operating expenses do not include interest, depreciation or amortization of bond issue costs. 143 Page 304 of 436 City of Waterloo, Iowa Demographic and Economic Statistics Last Ten Calendar Years Per Capita Personal Personal Median Unemployment School Year Population' Income Income2 Age' Rate3 Enrollment4 2011 68,406 2,524,386,618 36,903 35.9 7.1% 10,103 2012 68,406 2,681,173,170 39,195 35.9 6.5% 10,239 2013 68,406 2,827,835,634 41,339 35.7 5.6% 10,483 2014 68,406 2,857,250,214 41,769 35.5 6.5% 10,611 2015 68,406 2,817,779,952 41,192 35.8 5.4% 10,445 2016 68,406 2,837,344,068 41,478 36.2 4.8% 10,357 2017 68,406 2,871,842,930 42,186 36.5 4.7% 10,401 2018 68,406 2,967,454,000 43,452 36.6 2.6% 10,297 2019 68,406 3,226,287,180 47,623 37.0 3.7% 10,380 2020 67,314 3,374,759,000 50,126 36.8 6.6% 10,196 N/A = Not available. Sources: 1 2000 and 2010 U.S. Census 2 U.S. Department of Commerce, Bureau of Economic Analysis 3 Iowa Workforce Development 4 Waterloo Community Schools 144 Page 305 of 436 Employer City of Waterloo, Iowa Principal Area Employers Current Year and Nine Years Ago 2021 2012 Percentage Percentage of Total City of Total City Employees Rank Employment Employees Rank Employment Deere & Company 5,600 1 17.18% 5,600 1 15.73% Tyson Fresh Meats 2,950 2 9.05% 2,500 3 7.02% Mercy One (formerly Wheaton Franciscan) 2,655 3 8.14% 2,680 2 7.53% Waterloo Community Schools 1,730 4 5.31% 1,560 6 4.38% University of Northern Iowa 1,650 5 5.06% 1,850 5 5.20% Unity Point Health (formerly Allen Hospital) 1,500 6 4.60% 2,080 4 5.84% Hy-Vee 1,200 7 3.68% 1,130 8 3.17% Target Regional Distribution 1,070 8 3.28% 850 9 2.39% VGM Group 1,055 9 3.24% Western Home Communities 960 10 2.94% -- -- -- Area Education Agency 267 1,150 7 3.23% GMAC Mortgage Corp. 805 10 2.26% Total 20,370 62.48% 20,205 56.75% Source: Official Bond Statements from Speer Financial, Inc. 145 Page 306 of 436 Function/Program City of Waterloo, Iowa Full -Time Equivalent City Government Employees by Function/Program Last Ten Fiscal Years 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Public Safety Police 138.0 131.0 130.0 130.0 130.0 130.0 129.0 129.0 129.0 127.0 Fire 112.5 109.5 108.5 106.5 109.5 107.5 104.5 108.5 106.5 106.0 Building Inspection 12.5 12.5 12.5 13.5 13.5 13.0 11.0 12.0 17.0 17.0 Public Works City Engineer 20.0 20.0 20.0 20.0 20.0 20.0 21.0 21.0 18.0 19.0 Traffic 12.0 15.0 16.0 16.0 14.0 15.0 14.0 15.0 15.5 15.5 Central Garage 9.0 9.0 10.0 10.0 9.0 9.0 9.0 7.0 8.0 9.0 Street 38.0 36.0 34.0 37.0 35.0 36.0 35.0 38.0 38.0 36.0 Airport 6.0 5.0 6.0 6.0 6.0 6.0 6.0 6.0 6.0 6.0 Health & Social Services Human Rights 3.0 3.0 3.0 3.0 3.0 3.0 3.0 3.0 3.0 3.0 Culture & Recreation Cultural & Arts 14.5 13.0 11.0 13.0 12.0 13.0 10.0 10.0 12.0 12.0 Library 24.5 25.0 25.0 24.5 24.0 23.5 22.5 22.0 22.0 21.0 Leisure Services 39.0 36.0 40.0 43.0 42.0 41.0 43.0 42.0 40.0 38.0 Community & Economic Development Community Planning & Development 24.0 22.0 23.0 23.0 22.0 21.0 22.0 22.0 19.0 18.0 General Government Mayor's Office Info Tech City Clerk & Finance City Attorney/Code Enforcement Human Resources Facilities Maintenance 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 2.0 1.0 1.0 1.0 2.0 4.0 5.0 4.0 5.0 5.0 13.0 14.0 14.0 12.0 12.0 9.0 10.0 10.0 10.0 10.0 1.5 1.5 1.5 1.5 6.0 6.0 6.0 6.0 6.0 6.0 3.0 3.0 3.0 3.0 3.0 4.0 4.0 4.0 4.0 4.0 3.0 3.0 4.0 4.0 4.0 4.0 5.0 4.0 4.0 4.0 Waste Management Services Sewer 35.0 33.9 41.0 39.0 40.0 39.0 36.0 38.0 38.0 38.0 Sanitation 14.0 17.1 13.0 17.0 13.0 13.0 13.0 11.0 13.0 14.0 Total 525.5 511.5 517.5 524.0 521.0 518.0 510.0 513.5 515.0 509.5 Source: City Human Resources Department records. 146 Page 307 of 436 City of Waterloo, Iowa Operating Indicators by Function/Program Last Ten Fiscal Years (Page 1 of 2) Function/Program 2013 2014 2015 2016 2017 2018 2019 2020 2021 Public Safety Police Traffic accidents 1,598 1,839 1,726 1,607 1,633 1,441 1,527 1,235 1,184 Cases 11,344 11,298 11,111 10,110 9,683 8,930 9,103 8,028 7,298 Citations 6,448 6,989 5,060 4,917 3,947 3,748 4,195 3,681 2,424 Calls for service 75,626 77,161 67,717 61,944 60,652 50,773 50,986 47,979 37,752 Total arrests 4,984 4,931 4,728 4,004 3,874 3,444 3,496 2,777 2,351 Fire Fire responses 4,622 5,011 5,129 5,232 5,638 5,542 5,623 5,233 5,301 Ambulance responses 6,997 6,729 6,830 6,650 7,036 8,720 9,180 8,956 9,833 Building Inspection Construction permits issued 8,682 9,969 10,327 10,620 9,704 8,483 7,124 7,011 7,062 Construction value of permits $ 91,192,766 $ 101,677,108 $ 100,224,478 $ 127,513,038 $ 108,699,337 $ 104,700,306 $ 142,264,758 $ 161,102,459 $ 140,629,305 Public Works Engineering Street reconstruction (miles) 3.08 3.15 1.59 2.61 3.35 3.08 3.30 2.81 2.50 Street resurfacing (miles) 14.05 12.21 18.63 12.53 0.64 1.66 2.60 3.34 2.10 Street Department Tons of salt used for streets 5,700.00 5,162.00 4,217.00 3,024.00 3,307.00 5,699.72 4,000.00 2,500.00 2,273.00 Man hours for road maintenance 67,345 66,650 67,320 79,357 66,924 68,644 38,485 47,104 30,452 Airport Commercial Enplanements 19,897 21,573 26,170 27,325 25,534 22,836 23,446 15,055 7,859 Aircraft take -offs and landings 20,589 19,109 19,550 21,037 18,585 18,943 20,072 19,006 19,946 Based aircraft 104 104 74 75 75 75 81 70 70 Health & Social Services Human Rights Civil Rights complaints New cases opened 106 64 66 50 57 49 58 41 31 Cases closed 59 43 100 50 69 72 85 68 47 Active cases at year-end 154 177 143 142 129 105 83 52 40 Culture & Recreation Leisure Services SportsPlex Members N/A 2,594 4,450 4,965 5,095 5,243 6,167 5,456 5,751 Young Arena facility usage Event Visitors 118,639 119,903 100,064 100,913 103,547 105,938 104,635 81,507 38,606 Recreational Visitors 174,780 186,384 189,121 189,586 183,749 180,545 167,900 124,700 40,099 Sports - youth programs 5,451 5,571 5,623 5,689 5,573 5,434 5,413 4,238 4,374 Sports - adult programs 1,588 1,598 1,617 1,543 1,497 1,412 1,384 954 1,112 Pool attendance @ 39,611 37,603 33,866 34,733 28,861 22,065 9,980 15,734 24,113 Golf rounds 81,218 75,737 74,891 76,137 69,989 60,640 52,076 56,192 74,449 Annual flowers grown for parks 23,304 - - - - - Public Library Total Circulation 405,341 422,204 470,786 446,467 365,656 299,035 295,877 500,974 146,010 Total Library Visits # 263,261.00 271,603.00 278,431.00 253,929.00 262,073.00 250,804.00 181,867.00 92,342.00 37,579.00 Waterloo Center for the Arts In House Visitors 125,958.00 118,970.00 128,140.00 122,334.00 157,628.00 189,153.00 191,675.00 120,000.00 48,500.00 Events, meetings, and programs 1,563.00 1,074.00 1,103.00 1,003.00 1,261.00 1,513.00 1,757.00 1,100.00 633.00 147 Page 308 of 436 City of Waterloo, Iowa Operating Indicators by Function/Program Last Ten Fiscal Years (Page 2 of 2) Function/Program 2013 2014 2015 2016 2017 2018 2019 2020 2021 Community & Economic Development Planning and Zoning Planning commission agenda items 72 91 100 86 63 70 59 47 73 CURA applications received ** 24 30 41 31 35 25 28 22 13 CURA improvements value $ 2,776,663 $ 11,368,905 $ 7,856,518 $ 13,451,612 $ 13,439,875 $ 3,793,731 $ 3,037,684 $ 5,367,551 $ 8,610,759 CLURA applications received*** 19 58 69 41 74 46 39 46 45 CLURA improvments value $ 4,385,349 $ 14,418,617 $ 15,057,131 $ 8,849,239 $ 17,426,350 $ 11,090,817 $ 11,533,082 $ 13,682,420 $ 14,222,172 Community Development Down payment assistance 10 3 4 8 7 3 Home buyer education - - - - - - - - Owner -occupied homes rehabilitated 31 42 26 24 24 25 33 31 35 Emergency repairs (including roofs) 49 37 33 34 32 21 25 30 39 Demolitions (residential & commercial) 18 21 - 13 1 2 - Housing Vouchers used 1,005 931 937 975 1,017 1,010 1,020 1,061 1,042 Public housing units 50 50 50 50 50 50 50 50 49 Family self sufficiency participants 47 36 31 34 28 26 23 20 21 Sewer Sewer system customers 25,393 26,102 25,584 Source: Various city departments * Statistics for Police Department are for the calendar year ending within the fiscal year shown. ** Consolidated Urban Revitalization Area. ***City Limits Urban Revitalization Area Started FY12 # Door counter was broken for several months, so not all visitors could be counted. @ One pool could not be opened in the spring of 2019 due to needed repairs 148 26,498 26,522 25,235 26,732 26,790 26,501 Page 309 of 436 Function/Program City of Waterloo, Iowa Capital Asset Statistics by Function/Program Last Ten Fiscal Years 2013 2014 2015 2016 2017 2018 2019 2020 2021 Public Safety Police Stations 1 1 1 1 1 1 1 1 1 Fire* Stations 7 7 7 7 7 7 7 7 7 Trucks and special vehicles 31 29 29 30 33 ** 35 31 31 31 Public Works Miles of streets - paved 364 364 364 360 360 361 362 363 363 Miles of streets - unpaved 72 72 72 68 68 68 68 73 73 Street lights 1,800 1,807 1,807 1,807 1,807 1,847 1,847 2,582 2,503 Traffic Signals 200 197 198 198 199 200 202 200 206 Airport runway lengths: Runway 12/30 8,400 8,400 8,400 8,400 8,400 8,400 8,400 8,400 8,400 Runway 18/36 6,002 6,002 6,002 6,002 6,002 6,002 6,002 6,002 6,002 Runway 6/24 5,403 5,403 5,403 5,403 5,403 5,403 5,403 CLOSED CLOSED Culture & Recreation City recreation areas 3 3 3 3 3 3 3 3 3 City parks 48 48 48 48 48 48 48 48 48 Golf courses 3 3 3 3 3 3 3 3 3 Swimming pools 2 2 2 2 2 2 2 2 2 Softball diamonds 23 23 23 23 20 20 20 20 20 Baseball diamonds 6 6 6 6 6 6 6 6 6 Baseball stadium 1 1 1 1 1 1 1 1 1 Softball complexes 2 2 2 2 2 2 2 2 2 Tennis courts 27 27 27 27 27 27 27 27 27 Ice arena 1 1 1 1 1 1 1 1 1 Soccer complex 1 1 1 1 1 1 1 1 1 Exposition plaza 1 1 1 1 1 1 1 1 1 Skatepark 1 1 1 1 1 1 1 1 1 Dog park 1 1 1 1 1 1 1 1 1 Amphitheater 1 1 1 1 1 1 1 1 1 Splash Park 1 1 1 1 1 1 1 1 1 SPORTSPLEX 0 0 1 1 1 1 1 1 1 Center for the Arts collection size 4,352 4,682 5,102 5,498 5,647 6,001 6,475 6,738 7,122 Library collection size ** 161,462 164,486 138,540 138,305 124,649 112,777 112,777 107,583 112,620 Sewer Miles of sanitary sewer 356 357 358 368 372 373 374 376 378 Source: Various city departments * Added boats ** Collection size increased due to providing additional electronic service 149 Page 310 of 436 CITY OF WATERLOO Council Communication Motion approving the request of Hawkeye Community College to burn approximately 25.6 acres of prairie grass and forbs, April 12, 2022 to May 10, 2022 from 8:00 a.m. to 6:00 p.m., located east of 1501 E. Orange Road. City Council Meeting: 4/4/2022 Prepared: Motion approving the request of Hawkeye Community College to burn SUBJECT: approximately 25.6 acres of prairie grass and forbs, April 12, 2022 to May 10 2022 from 8:00 a.m. to 6:00 p.m., located east of 1501 E. Orange Road. Submitted by: Submitted By: Brock Weliver, Fire Marshal Page 311 of 436 CITY OF WATERLOO Council Communication Motion to approve Change Order No. 1 with Arends Excavating, of Waterloo, Iowa, for a net increase of $21,301.40, in conjunction with the FY 2021 Leversee Road Lift Station, Contract No. 983, and authorizing the Mayor and City Clerk to execute said document. City Council Meeting: 4/4/2022 Prepared: 3/10/2022 ATTACHMENTS: Description ❑ Cont 983 _CO #1 SUBJECT: Submitted by: Recommended Action: Implementation, Accountability, and Communication: Type Backup Material Motion to approve Change Order No. 1 with Arends Excavating, of Waterloo, Iowa, for a net increase of $21,301.40, in conjunction with the FY 2021 Leversee Road Lift Station, Contract No. 983, and authorizing the Mayor and City Clerk to execute said document. Submitted By: Matt Schindel, Associate Engineer Approve change order. Page 312 of 436 March 9, 2022 Matt Schindel City of Waterloo 715 Mulberry Street Waterloo, TA 50703 Re: FY 2021 Leversee Road Lift Station Waterloo, Iowa City Contract No. 983 CGA PN 5623_1.06 Dear Matt: CGA ENGINEERS • LAND SURVEYORS Enclosed electronically for your review and processing is one (1) copy of Change Order #01 prepared on the City of Waterloo's standard form for the above referenced project. A full, summarized change order request has not been submitted by Arends Excavating at this time. CGA recommends executing the enclosed change order based on the below summary: • Add bollards around the generator: $10,044.02 • Add signage around the generator: $471.50 • Add fire extinguisher and signage: $633.08 • Change electrical panel to NEMA 12: $2,551.85 • Add additional conduit to separate circuits $5,664.46 Subtotal of changes is $19,364.91. A ten percent markup for the Prime Contractor has been added per SUDAS Standard Specifications Section 1090 Subsection 1.04 to reach a total of $21,301.40 as shown on the attached copy of Change Order #01. PIease return one (1) executed copy of the signed change order to our office for our file. Please contact CGA at your earliest convenience if you have any questions on the information provided. Sincerely, CLAPSADDLE-GARBER ASSOCIATES, IN do45,4_. Lary Koosmann, EI, LSI Project Manager Clapsaddle-Garber Associates, Inc. 16 East Main Street • Marshalltown, Iowa 50158 • Telephone 641-752-6701 • Fax 641-752-2849 Toll Free 800-542-7981 • www.cgaconsultants.com Page 313 of 436 CITY OF WATERLOO, IOWA CHANGE ORDER NO.1 PROJECT: FY 2021 Leversee Road Lift Station, CONTRACT NO. 983 Date Prepared: 11/1312021 AMOUNT: Increase $21,301.40 TO: Arends Excavating , Contractor You are hereby ordered to make the following changes from the plans and specifications or perform the following extra work on your contract dated 12/28/2020. A. Description of change to be made or extra work to be done: Add Item CO 1,1: Generator Bollards Add Item CO 1.2: Generator Signage Add Item CO 1.3: Fire Extinguisher and Signage Add Item CO 1.4: Change Panel Rating to Nema 12 Add Item CO 1.5: Additional Conduit to Separate Circuits B. Reason for ordering change or extra work: Fuel tank permitting requires additional items including bollards, signage and fire extinguisher. Panel schedule required correction. C. Settlement for cost of work to be made as follows: Add Item CO 1.1: Generator Bollards Add Item CO 1.2: Generator Signage Add Item CO 1,3: Fire Extinguisher and Signage Add Item CO 1.4: Change Panel Rating to Nema 12 Add Item CO 1.5: Additional Conduit to Separate Circuits CITY OF WATERLOO BY: Mayor Date ATTEST: City Clerk Date e — r'S Date Total Net Increase $21,301.40 C BY:. 17-2' Y� 4 TITLE: �� LH4 V� , Ayex-IL 12{ ONTRACTOR APPROVED: ity Engineer Date Page 314 of 436 CITY OF WATERLOO Council Communication Bonds. City Council Meeting: 4/4/2022 Prepared: SUBJECT: Bonds. Page 315 of 436 CITY OF WATERLOO Council Communication Taxable Sewer Revenue Capital Loan Notes - The issuance of not to exceed $14,200,000.00 Series 2022 (State of Iowa Revolving Fund Loan). City Council Meeting: 4/4/2022 Prepared: 3/8/2022 ATTACHMENTS: Description ❑ Council Comm Gatewells Hwy 63 CIPP IVA 2 ❑ Resolution SUBJECT: Submitted by: Recommended Action: Summary Statement: Data/Analysis and Strategies: Implementation, Accountability, and Communication: Type Backup Material Backup Material Motion to receive and file proof of publication of notice of public hearing on the authorization of one or more Loan Disbursement Agreements and the issuance of Notes to evidence the obligation of the City thereunder. HOLD HEARING - No comments on file. Motion to close hearing and receive and file oral and written comments. Resolution instituting proceedings to take additional action for the issuance of not to exceed $14,200,000.00 Taxable Sewer Revenue Capital Loan Notes, Series 2022. Submitted By: Michelle Weidner, Chief Financial Officer This loan provides permanent fmancing for a number of projects, including additional Sanitary Gatewells Phase 1, the US Highway 63 Interceptor Sewer Phase I and the next phase of the Cured In Place Pipe Lining Phase IVA 2 project. The cost of financing, including fees, will be 2% and the term will vary from 15 to 20 years. Please note that the hearing amount is being set higher than the actual amount expected to be issued at this time to provide flexibility for construction needs and to reduce future administrative costs. The issuance of Capital Loan Notes commits the City to future repayment. Repayment will be made from sewer user fees. Expenditure Required/Source of The principal amount plus interest will be required to be repaid in the future. Funds: Alternative: The City could choose not to sell the Capital Loan Notes. However, the expenses to be funded with these notes have already been incurred. Not issuing the notes would create financial stress on the Sewer Fund. The State of Iowa Sewer Revolving Loan fund requires that funds be spent prior to finalizing the loan. Page 316 of 436 CITY OF WATERLOO, IOWA FINANCE DEPARTMENT MICHELLE WEIDNER, CPA • Chief Financial Officer Mayor Council Communication QUENTIN City Council Meeting: March 21, 2022 HART Prepared: March 8, 2022 Dept. Head Signature: Michelle Weidner COUNCIL MEMBERS Number of Attachments: None JOHN CHILES Ward 1 JONATHAN GRIEDER Ward 2 NIA WILDER Ward 3 JEROME AMOS, JR. Ward 4 RAY FEUSS Ward 5 ROB NICHOLS At -Large DAVE BOESEN At -Large SUBJECT: Sewer Revolving Fund Loans Submitted by: Michelle Weidner, Chief Financial Officer Recommended City Council Action: Resolution setting date of public hearing as April 4, 2022 on the proposal to authorize a loan and disbursement agreement and the issuance of not to exceed $14,200,000 Taxable Sewer Revenue Capital Loan Notes and instruct City Clerk to publish said notice. April 2022 Summary Statement: Resolution setting date of public hearing as April 4, 2022 on the proposal to authorize a loan and disbursement agreement and the issuance of not to exceed $14,200,000 Taxable Sewer Revenue Capital Loan Notes and instruct City Clerk to publish said notice. Please note that the hearing amount indicated is being set higher than the actual amount we plan to borrow. These loans are done on a reimbursement basis. Periodic loan draws will be made after qualifying project expenses are paid. Expenditure Required: The principal amount plus interest will be required to be repaid in the future. Source of Funds: Repayment will be made from the Sewer fund, using sewer fees. Policy Issue: The issuance of capital loan notes commits the city to future repayment. Alternative: The City could choose not to sell the Capital Loan Notes. However, some of the contracts for the expenses to be funded with these notes have already been awarded. Not issuing the notes would create financial stress on the Sewer fund. The State of Iowa Clean Water Revolving Loan fund requires that funds be spent prior to finalizing the loans. Background: The City will use this loan to provide permanent financing for several projects, including, the construction of the Sanitary Sewer Gatewells Phase 1 project, the US Highway 63 South Interceptor Sewer Phase I project and additional phases of the Cured in Place Pipe Lining Project Phase IV A (2). WE'RE WORKING FOR YOU! An Equal Opportunity/Affirmative Action Employer Page 317 of 436 ITEMS TO INCLUDE ON AGENDA CITY OF WATERLOO, IOWA Not to Exceed $14,200,000 Taxable Sewer Revenue Capital Loan Notes (State of Iowa Revolving Fund Loan) • Public hearing on the authorization of one or more Loan and Disbursement Agreements and the issuance of Notes to evidence the obligation of the City thereunder. • Resolution instituting proceedings to take additional action. Page 318 of 436 April 4, 2022 The City Council of the City of Waterloo, State of Iowa, met in session, in the Council Chambers, City Hall, 715 Mulberry Street, Waterloo, Iowa, at .M., on the above date. There were present Mayor Quentin Hart, in the chair, and the following named Council Members: Absent: -2 Page 319 of 436 The Mayor announced that this was the time and place for the public hearing and meeting on the matter of the authorization of one or more Loan and Disbursement Agreements by and between the City and the Iowa Finance Authority, and the issuance to the Iowa Finance Authority of not to exceed $14,200,000 Taxable Sewer Revenue Capital Loan Notes to evidence the obligations of the City under said Loan and Disbursement Agreements, in order to provide funds to pay costs of acquisition, construction, reconstruction, extending, remodeling, improving, repairing and equipping all or part of the Municipal Sewer System, including those costs associated with Phase IV A2 of the Collection System Improvements CIPP project, Phase 1 of the US Highway 63 South Interceptor Sanitary Sewer Upgrade project, and Sanitary Sewer Gatewell Repairs, and that notice of the proposed action by the City Council to institute proceedings for the authorization of the Loan and Disbursement Agreements and the issuance of the Notes had been published pursuant to the provisions of Sections 384.24A and 384.83, as amended. The Mayor then asked the Clerk whether any written objections had been filed by any City resident or property owner to the proposal. The City Clerk advised the Mayor and the City Council that written objections had been filed. The Mayor then called for oral objections to the proposal and were made. Whereupon, the Mayor declared the time for receiving oral and written objections to be closed. (Attach here a summary of objections received or made, if any) -3 Page 320 of 436 The City Council then considered the proposed action and the extent of objections thereto. Whereupon, Council Member introduced and delivered to the Clerk the Resolution hereinafter set out entitled "RESOLUTION INSTITUTING PROCEEDINGS TO TAKE ADDITIONAL ACTION FOR THE AUTHORIZATION OF ONE OR MORE LOAN AND DISBURSEMENT AGREEMENTS AND THE ISSUANCE OF NOT TO EXCEED $14,200,000 SEWER REVENUE CAPITAL LOAN NOTES", and moved: ❑ that the Resolution be adopted. ❑ to ADJOURN and defer action on the Resolution and the proposal to institute proceedings to the meeting to be held at o'clock .M. on the day of , 2022, at this place. Council Member seconded the motion. The roll was called and the vote was, AYES: NAYS: Whereupon, the Mayor declared the measure duly adopted. RESOLUTION INSTITUTING PROCEEDINGS TO TAKE ADDITIONAL ACTION FOR THE AUTHORIZATION OF ONE OR MORE LOAN AND DISBURSEMENT AGREEMENTS AND THE ISSUANCE OF NOT TO EXCEED $14,200,000 SEWER REVENUE CAPITAL LOAN NOTES WHEREAS, pursuant to notice published as required by law, this Council has held a public meeting and hearing upon the proposal to institute proceedings for the authorization of one or more Loan and Disbursement Agreements by and between the City and the Iowa Finance Authority, and the issuance to the Iowa Finance Authority of not to exceed $14,200,000 Sewer Revenue Capital Loan Notes to evidence the obligations of the City under said Loan and Disbursement Agreements, for the purpose of paying costs of acquisition, construction, reconstruction, extending, remodeling, improving, repairing and equipping all or part of the Municipal Sewer System, including those costs associated with Phase IV A2 of the Collection System Improvements CIPP project, Phase 1 of the US Highway 63 South Interceptor Sanitary -4 Page 321 of 436 Sewer Upgrade project, and Sanitary Sewer Gatewell Repairs, and has considered the extent of objections received from residents or property owners as to said proposal and, accordingly the following action is now considered to be in the best interests of the City and residents thereof: NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, STATE OF IOWA: Section 1. That this Council does hereby institute proceedings and takes additional action for the authorization of one or more Loan and Disbursement Agreements by and between the City and the Iowa Finance Authority, and the issuance to the Iowa Finance Authority in the manner required by law of not to exceed $14,200,000 Sewer Revenue Capital Loan Notes for the foregoing purpose. Section 2. That this Council does hereby consent to the terms and conditions of the SRF Loan Program, which terms and conditions and the disclosures provided with respect thereto are hereby acknowledged, accepted and approved. Section 3. That the Clerk, with the assistance of the City Attorney and bond counsel, is hereby authorized and directed to proceed with the preparation of such documents and proceedings as shall be necessary to authorize the City's participation in the SRF Loan Program, to select a suitable date for final Council authorization of the required Loan and Disbursement Agreements and issuance of the Note to evidence the City's obligations thereunder, and to take such other actions as the Clerk shall deem necessary to permit the completion of a loan on a basis favorable to the City and acceptable to this Council. Section 4. This Resolution shall serve as a declaration of official intent under Treasury Regulation 1.150-2 and shall be maintained on file as a public record of such intent. It is reasonably expected that sewer fund moneys may be advanced from time to time for capital expenditures which are to be paid from the proceeds of the above loan agreements. The amounts so advanced shall be reimbursed from the proceeds of the Loan Agreements not later than eighteen months after the initial payment of the capital expenditures or eighteen months after the property is placed in service. Such advancements shall not exceed the loan amount authorized in this Resolution unless the same are for preliminary expenditures or unless another declaration of intention is adopted. -5 Page 322 of 436 PASSED AND APPROVED this 4th day of April, 2022. ATTEST: City Clerk Mayor -6 Page 323 of 436 STATE OF IOWA COUNTY OF BLACK HAWK CERTIFICATE ) ) SS ) I, the undersigned City Clerk of the City of Waterloo, State of Iowa, do hereby certify that attached is a true and complete copy of the portion of the records of the City showing proceedings of the Council, and the same is a true and complete copy of the action taken by the Council with respect to the matter at the meeting held on the date indicated in the attachment, which proceedings remain in full force and effect, and have not been amended or rescinded in any way; that meeting and all action thereat was duly and publicly held in accordance with a notice of meeting and tentative agenda, a copy of which was timely served on each member of the Council and posted on a bulletin board or other prominent place easily accessible to the public and clearly designated for that purpose at the principal office of the Council pursuant to the local rules of the Council and the provisions of Chapter 21, Code of Iowa, upon reasonable advance notice to the public and media at least twenty-four hours prior to the commencement of the meeting as required by law and with members of the public present in attendance; I further certify that the individuals named therein were on the date thereof duly and lawfully possessed of their respective City offices as indicated therein, that no Council vacancy existed except as may be stated in the proceedings, and that no controversy or litigation is pending, prayed or threatened involving the incorporation, organization, existence or boundaries of the City or the right of the individuals named therein as officers to their respective positions. WITNESS my hand and the seal of the Council hereto affixed this day of , 2022. (SEAL) 01943844-1\11310-143 City Clerk, City of Waterloo, State of Iowa Page 324 of 436 CITY OF WATERLOO Council Communication Sale and conveyance of City property located north of 501 Lakeside Street, in the amount of $1.00, to Union Development Holdings, LLC, including a Development Agreement for at least150 multi -family residential units. City Council Meeting: 4/4/2022 Prepared: 3/9/2022 ATTACHMENTS: Description ❑ Map of Site ❑ Application ❑ The Annex Group D Development Agreement D Presentation SUBJECT: Submitted by: Recommended Action: Summary Statement: Neighborhood Impact: Type Backup Material Backup Material Backup Material Backup Material Backup Material Motion to receive and file proof of publication of notice of public hearing. HOLD HEARING - No comments on file. Motion to close hearing and receive and file oral and written comments. Resolution authorizing the sale and conveyance of city owned property located north of 501 Lakeside Street, in the amount of $1.00 to Union Development Holdings, LLC, and authorizing the Mayor and City Clerk to execute said documents. Resolution approving a Development Agreement with Union Development Holdings, LLC for the construction of at least 150 new multi -family units, and authorizing the Mayor and City Clerk to execute said document. Resolution approving the request of Union Development Holdings, LLC, for tax exemptions on the construction of at least 150 new multi -family units proposed to be constructed with an estimated assessed value of $10,000,000.00, for property located north of 501 Lakeside Street, and located in the City Urban Revitalization Area (CURA). Submitted By: Noel Anderson, Community Planning and Development Director Approval Union Development Holdings is a residential developer that would be constructing at least 150 multi -family units on the property described. The land in question has been owned by the City of Waterloo since 2018 and is located adjacent to the North Crossing Development area along 4th Street. The Developer is planning to apply for state tax credits as a part of the project and the project would qualify for the local Consolidated Urban Revitalization Area (CURA) abatement program. The area in question is designated for residential development. Single family homes are located to the south and the development is located near the North Crossing development area. A day care and senior activity center will be Page 325 of 436 located between the development in question and the single family housing to the south. Data/Analysis and Strategies: Sale of Property Expenditure Required/Source ofup to $2,500 in Closing costs/ East Unified TIF Funds: Legal Descriptions: A part of Auditor's Parcel G, as recorded in Document #2008-10309, on file in the Black Hawk County Recorder's Office in Waterloo, Iowa, in the Northeast Quarter of the Southwest Quarter of Section 12, T89N, R13W of the Fifth P.M., Black Hawk County, City of Waterloo, being more particularly described as follows: Commencing at the Southwest Corner of said Quarter -Quarter Section; Thence North 0°56' 11" West, 659.05 feet along the West Line of said Quarter -Quarter Section; Thence North 89°38'37" East, 33.00 feet to the Point of Beginning, said point also being the Northwest Comer of said Auditor's Parcel G located on the East Right -of -Way Line of East 4th Street; Thence continuing North 89°38'37" East, 885.55 feet along the North Line of said Auditor's Parcel G; Thence South 0°54' 13" East, 292.68 feet; Thence South 55°04' 12" West, 236.62 feet; Thence South 0°53'47" East, 103.98 feet; Thence South 79°44'50" West, 378.06 feet; Thence South 89°38'50" West, 316.03 feet to the East Right -of -Way Line of East 4th Street; Thence North 0°56' 11" West, 595.90 feet along said East Right -of -Way Line to the Point of Beginning. Containing 10.78 Acres, Subject to any easements recorded or unrecorded and further subject to easements required as part of the pending subdivision infrastructure. Page 326 of 436 ST CROIX DR: E LOUISE^ST 0- ~ i 1-7 w r LAKESIDE ST.:- - - T = ��_� - -Z r KEYSTONE ST-.. Citij of Waterloo, Iowa Site #1 4th Street Page 327 of 436 For Office Use Only Date Received: 5J'Z_ 1 ZL Received by: �} yir { (iZ✓ Staff fo make a copy for applicant CONSOLIDATED URBAN REVITALIZATION AREA APPLICATION FOR PROPERTY TAX EXEMPTION FOR IMPROVEMENTS UNDER THE PROVISIONS OF THE CONSOLIDATED URBAN REVITALIZATION AREA PLAN ADOPTED BY THE CITY COUNCIL OF THE CITY OF WATERLOO. The Consolidated Urban Revitalization Area (CURA) allows property tax exemptions on improvements to property located within its boundaries that meet the following criteria: 1, At least a 10% improvement to the value of the residential properly. At least a 15% improvement to the value of commercial property if a building was previously on the site. If commercial property was previously vacant, all actual value added by the improvements is eligible for tax exemption. 2. Be located within the CURA boundaries (a map of which can be obtained from the City of Waterloo Community Planning & Development Department.) 3. This application must be filed with City prior to the la working day of February following the year when the improvements are completed to comply with the timeline of the State Code of Iowa, Section 404.4 unnumbered paragraph 2. However, a single application may be filed upon completion of an entire project requiring more than one year to construct or complete, providing prior approval has been granted by the City Council or County Board of Supervisors. Please fill out the following information for your application to be submitted to the City Council. union Development Holdings. LLG NAME: Margaret Lopez -mum, as agent efo: I he Annex vra"p ADDRESS: 409 Masaaehusetts Avenue Ste. 300 Indianapolis. IN 46204 EMAIL: TELEPIIONE: 847 828 4272 DATE: SIGNATURE: mbl u mQ th c a n nexg rp. c o m 3/9/2022 A. What is the Address of the property being improved? Site address to be determined. What is the Legal Description of the property? (May be available at County Recorder's Office on 2"d floor of the Courthouse)? A 10.78 acre portion of North Cmssinrr Third Addition in the East Half of the Southwest Quarter of Section 12, Township 89, Ranne 13 West of (he 5th P.M., City of Waterloo, Black Hawk County Iowa and more particularly described on the attached - parcel identified as Lot 1.See Attached legal Description. B. Indicate desired exemption schedule: (I or 2) 1. One Hundred Percent (100%) exemption for three years an the actual value added by improvements; 2. X A partial exemption on the actual value added by improvements according to the following schedule: a. b. c. First Year 80% Second Year 70% Third Year 60% d. e. f. Fourth Year------50% Fifth Year 40% Sixth Year -40% g. Seventh Year 30% h. Eighth Year 30% i, Ninth Year 20% j. Tenth Year20% C. What was the nature of the improvement(s)? The Annex Group plans to develop -180 affordable (60 % AM!) one, two, and three bedroom multi -family apadments along with surface parking, amenity space, landscaping and open space on parcel iden1lfied es Lot 1 (see attached). This is a pre -construction application. D. If this is not a single-family dwelling unit, which you own and reside in, will these improvements create a displacement of your tenants? Yes X No DO NOT Write Below this line — Office Use Only E. City of Waterloo Building and Inspections Department Information: Permit Number: TBD Date pennit was issued: TBD Total pennit(s) valuation: TBD F. What was the cost of the improvement? TBD G. Estimated or actual date of completion of these improvements? Fall of 2024 Note: The improvements to your home or business may not change the assessed value. Note: City Council approval does not guarantee tax exemptions. The application must be reviewed and approved by the Black Hawk County Assessor's Office for criteria eligibility. CITY OF WATERLOO OFFICE USE ONLY APPROVED DENIED DATED: RESOLUTION NO: BLACK HAWK COUNTY ASSESSOR OFFICE USE ONLY APPROVED DATED: DENIED T.J. Koenigsfeld Black Hawk County Assessor Page 328 of 436 Index Legend Prepared by Si Returned to: Isaiah M. Reeks, PLS 2I468 HRS, LLC - 2206 East Bremer Avenue, Waverly IA 50677 Proprietor: City Of Waterloo & North Crossing, LLC Requested By: City of Waterloo County: Black Hawk Se ctlo n (s)-Tewnsh l p• Ra n ge: 12-789 N- R t 3 W Aliquot Part(o): E 1/2 - SW I(4 Gty: Waterloo Subdly€sign: North Crossing Third Addition F7nat Plat North Crossing Third Addition in the E 1/2 - SW 1/4 of Section 12 - T89N - R13W, City of Waterloo, Black Hawk County, Iowa. Basis of bearing: The Coordinate Oasis for this survey and the subsequent 6aSie of bearing is the t State Piano Coordinate System North Zone {14011 Horizontal Control NAD83 (2007), Verb./ Contra/ NAVO68 (Geoid 03). Control was acquired by local/Wog Into the Black Hawk County GP5 Control System utilizing points 119, 122, 123, 133, 135 & 170 and projecting from the cross of 119-135 and 133-170. Srale factor 1.0000905140 applied. Pmfect10n Rola: Northing = 3,661,997.08' Eastlag = 5,240,996.83' Nobs: See Sheet 1 for Location Nap. See Sheet 2 for Section Contra. Sea Sheet 3 for Survey Details 8 legal Description. Mao Nat to Scale Map Courtesy of the lows Department of Transportation h,tp:/nannv.lowadoG gay/maps/ Property Pins to be set within 1 year of recording FB: Black Hawk 10, Pgs. 61-64 'Project Number; 2021-535 I Sheet: 3 I I IMP E AIRLINE HWY �� Hero%1=RE,cks EMINE 5urv_ ing New Hampton Waverly Clear Lake 641-344-2725 319-483-5137 641-231-6092 www.hrsurveying.com Survey Location 1 04 1'r LEGEND . = Section Comer Found O' = Set 5/0"0 Rebar w/YPC PIS 22468 • = Fd. 1/2"0 Reber w(6PC PIS 14809 • - Po. 1/2"0 Reber 0: = Fd. 3/4'0 Pinched Pipe = Fd. 1"0 Pinched Pipe = Survey Boundary one RPC,YPC,OPC,BPC = Red, Yellow, Orange, Blue Piesdc Cap (0.00') = Recorded Dimension [ hereby certify that [his land surveying document was prepared and the related survey work was performed by me or under my direct personal supervision and that I am a duly licensed [and Surveyor under the laws of the State of Iowa. the unadjusted error or closure does not exceed 1:10,000 for the subdivision boundary and does not exceed 1:5,000 for any Individual lot. CO-13.dwg, 11/ 3/2021 9:01:19 aM ry Control SystemsLwo1,61.ACK M 3 b 0 Isaiah M. Relcks License Number 22460 Data: J My license renewal date is December 31, 2021. Sheets covered by this seal: 1-3 Paae19 of 436 Final Plat North Crossing Third Addition in the E 1/2 - SW 1/4 of Section 12 - T89N - RI3W, City of Waterloo, Black Hawk County, Iowa. NW Comer NE 1/4-SW 1/4 Sect/on 12-89-13 Fd. 1'p Pinched Pipe Rec. Dec. 02018-18271 ti 89°5/'57" E 1331.92' 1/4 SecNar L'ne f . I l "I NE z 1 33.00• r ROW in Lot 1 Center of illikSecllon 12-89-13 1 y Fd. 1 "67 Pinched Pipe Rec, Dor. 02006.16029 North Crossing Third Addition Ni/ Comer SE 1/4-SW 1/4 N y ' Se84an 12-89-13 FL1/20Reber 1.4•'y _. — --. — Rec. OOc. y #2018-18272 R I W I cyt SW Comer SE 1/4-515, 1/4 5ectran 12-89-13 Fd. 113 Bmnae Survey7farker PL5 22468 Rec. Doc. /21147-1 R273 Lot 2 Lot 3 N 89°38'35" E 1331.07' T 1,4-1/4 Section tine outlot 3 Outlot 2 4 / 1 n I 0-1 5ect/un tine 1330.52' ti 09°17'12" E East Ronald Street l00' 0 100' 200' 400• NE Comer 5E 1/4-51-9 1/4 5er5on 12-89-13 Fd. 1/2"0 Reba, /YPC PM 14809 51/4 Corner Section 12-09.13 Fri. NAG Nail wv/51a1nless Steel Washer P1_5 16775 Rec. t708. #2021-6816 ScaEc - 1 inch = 200 ft. Ha" -ad - Ro.ort's 5 veyr99, 2206 Eesh r3 sner FNenr e, 1Ua j 87 .50677 Ph 3P 0 ,33- .7 'Project Number; 2021-535 I SIIEYj.:, try 1143 of 436 Final Plat North Crossing Third Addition in the E 1/2 " SW 1/4 of Section 12 - T89N R13W, City of Waterloo, Black Hawk County, Iowa. I, rI r 33.00' —I Raw `,1,114 '4 � I h I • 13 010 NIV Comer SE1/4-SW 1/-r I Section 12-89-13 1. ' Fd. 1/7'13 Reba"- Rec. onc. f - 71018-18272 1 33.00' N 89°38'37° E 0.00' Utl lty Easement Lag$! Yery 7008 Dd 7` 1 1s o• Scale - 1 Inch = 150 ft. 1032.27' -ti85.58^ Lot 1 Total Area: 10.78 Acres 1065.27' 31 m O° 6 ti I North Crossing Third Addition 555336. I Total Area: 30.21 Acres I--- 10.00' Otii ty Easement I 5 0"53'47" E a0.00' 103.93' -s I !egress -Egress Easement ___—__374__ 89 OD' : rv_. 589038'50" W I. MIo .__L 316.03' - 5 89°38'50'50" W 1 1 .—.—. 40.00' Orafiage — Easement I— 18.09' uuli fy 8 Bement 3,=), I 1 3 3 m ly'n I +n Fauna Monument 60.57 ry o. I EOM alWgM-dbwdYure _.s89°17'02" W_ 44959' I 1 1E East efA'9At50 'la1 Line £: 377. 5 89°145 T02" W 33.00' is - Lot 2 Total Areas 3.36 Acres 4.50' N 8439'06'13' E Lot 3 Total Area, 2.76 Acres m l N 89°30'35' E 1331.07' 1/4-1/4 SecIIQO fire 400 Outlot 3 Total Area: 5.96 Acres 328A1' 10.08' U88ty Easement L 25.01Y WHO Easement E.erptron 01ACa Sec. Doc. 02021-26598 i•� 391.55' - 902.37' 11 I9#gjog6,0 cif' oc- 33 FaF� O a.10 va" Ootlot 2 Total Area: 6.19 Acres 5 89.30'35" w "gGC� Y ‘6'i NE Comer 5E 1/4-SW 1/4 Sert1on 12-89-13 Fri. 1/1"0 Rehor w/YFC PIS 14809 29.03' Iry Lakeside Street 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 Niles Street „; I .31. 41 Legal Description: North Crossing Third Addition In the East Half of the Southwest Quarter of Section 12, Township 89 North, Range 13 West of the 51h P.M., City of Waterloo, Black Hawk County, Iowa, and more particularly described as follows: Beginning at the Northeast Corner of the Southeast Quarter of the Southwest Quarter of said Section; Thence South 00°52'27" East, 30.00 feet along the East Line of said Quarter -Quarter Section to the Northeast Corner of Hollingsworth Second Addition; Thence South 89°38'35" West, 529.03 feet along the North Line or said Addition to a Corner thereof; Thence South 00°53'47" East, 566.90 feet along the West Line of said Addition to the Easterly Extension of the North Line of said Addition; Thence South 89°17'02" West, 769.00 feet along said Easterly Extension and North Line thereof to the East Right -of -Way Line of East 4th Street; Thence North 00.53'47" West, 601.72 feet along said East Right -of -Way Line; Thence North 00°56'11" West, 659.05 feet along said East Right -of -Way Line to the Northwest Corner of Parcel G, as recorded in document #2008-10309, on file in the Black Hawk County Recorder's Office, Waterloo Iowa; Thence North 89°36'37" East, 1032.27 feet along the North Line of said Parcel G to a Corner thereof; Thence South 65°43'46" East, 294.10 feet along the North Line of said Parcel G to the Northeast Corner thereof; Thence South 00°54'13° East, 536.47 feet along the East Line of the Northeast Quarter of the Southwest Quarter of said Section to the Point of Beginning. Containing 30.21 Acrefsl.subiectto anv easements recorded or unrecorded. • WO\Caunry Centre! SystemsUWO\BtACK HAWKrBHCO-13BHC0-13.dsg, flu ttl -.gesxs s + er5 11:. Cast t eener Ave..., ula,ais 83 se877 Pn - g9r--. 87 Project Number: 2021-535 11 She�it }ApR7 �1 of 436 Annex Group Subject Property (Lot 1 of the Proposed North Crossing 3`1 Addition) A part of Auditor's Parcel G, as recorded in Document #2008-10309, on file in the Black Hawk County Recorder's Office in Waterloo, Iowa, in the Northeast Quarter of the Southwest Quarter of Section 12, T89N, R13W of the Fifth P.M., Black Hawk County, City of Waterloo, being more particularly described as follows: Commencing at the Southwest Corner of said Quarter -Quarter Section; Thence North 0°56'11" West, 659.05 feet along the West Line of said Quarter -Quarter Section; Thence North 89°38'37" East, 33.00 feet to the Point of Beginning, said point also being the Northwest Corner of said Auditor's Parcel G located on the East Right -of -Way Line of East 4th Street; Thence continuing North 89°38'37" East, 885.55 feet along the North Line of said Auditor's Parcel G; Thence South 0°54'13" East, 292.68 feet; Thence South 55°04'12" West, 236.62 feet; Thence South 0°53'47" East, 103.98 feet; Thence South 79°44'50" West, 378.06 feet; Thence South 89°38'50" West, 316.03 feet to the East Right -of -Way Line of East 4th Street; Thence North 0°56'11" West, 595.90 feet along said Last Right -of -Way Line to the Point of Beginning. Containing 10.78 Acres, Subject to any easements recorded or unrecorded and further subject to easements required as part of the pending subdivision infrastructure. Page 332 of 436 Page 333 of 436 RALSTON RD: MI NM 11/311, WE lila WM Mir IleTi WM MI MIN rur MKT MN WM NIL 'a• ST CROIX DR W DONALDST W, DALE ST;� ,ter I- -v~i 0 . lU -' w 1. i ill � E DALE,ST 9 114 z co E LOUISE ST I ANITA ST cW-�` I z I'1 O -I t- -1- -7w.- LAKESIDE ST., L - -1 T 1 ,,, 1 I , 1 I_ _. KEYSTONE ST 'I i . 1 SOW. or) E DONALD ST Citij of Waterloo, Iowa Site #1 4th Street Page 334 of 436 Preparer: Christopher S. Wendland, P.O. Box 596, Waterloo, Iowa 50704 (319) 234-5701 After recording, return to Community Planning & Development, 715 Mulberry Street, Waterloo, IA 50703. DEVELOPMENT AGREEMENT This Development Agreement (the "Agreement") is entered into as of , 2022, by and between Union Development Holdings, LLC ("Company"), and the City of Waterloo, Iowa ("City"). RECITALS A. City is the owner of real property on E. 4th Street identified as parcel no. 8913-12-326-003, a portion of which is legally described as set forth on Exhibit "A" attached hereto (the "Property"). Company desires to undertake a project on the Property and is willing and able to finance and construct a total of at least 150 multifamily units and related improvements thereon. B. City considers affordable housing development within the City a benefit to the community and is willing for the overall good and welfare of the community to provide financial incentives to encourage that goal. City believes that such development is in the vital and best interests of the City and in accordance with the public purposes and provisions of the applicable State and local laws and requirements under which the Projects (defined below) have been undertaken and are being assisted. AGREEMENT NOW, THEREFORE, in consideration of the mutual covenants set forth herein, the parties agree as follows: 1. Sale of Property; Title. Subject to the terms hereof, City shall convey the Property to Company for the sum of $1.00 (the "Purchase Price"). Conveyance shall be by quit claim deed, free and clear of all encumbrances arising by or through City except: (a) easements, servitudes, conditions and restrictions of record; (b) current and future real estate real property taxes and assessments subject to the agreements made herein; (c) general utility and right-of-way easements serving the Property; and (d) restrictions imposed by the City zoning ordinances and other applicable law. City shall have no duty to convey title to Company until Company has delivered to City 1 Page 335 of 436 reasonable and satisfactory proof of financial ability to undertake and carry on the Project (defined below), which may take the form of a lending commitment letter. Company may, at its own expense, obtain whatever form of title evidence it desires. If title is unmarketable or subject to matters not acceptable to Company, and if City does not remedy or remove such objectionable matters within twenty (20) days following written notice of such objections from Company, or such additional time as agreed by the parties, Company may terminate this Agreement without further obligation. City shall provide any title documents it has in its possession, including any abstracts, within ten (10) days of the date of this Agreement to assist in title review. 2. Delivery Date: The City shall deliver the Property to the Company by the latter of: a) the receipt of all applicable development and construction permits as required for the Company to begin Improvements (defined below), or b) upon completion of the anticipated on -site and off -site improvements by others per the Preliminary Plat for North Crossing Third Addition prepared by Robinson Engineering Company attached hereto as Exhibit B (the "Delivery Date"). 3. Improvements by Company. Company acknowledges that it has had a reasonable opportunity to inspect the Property and to conduct other due diligence related to the Project. Company agrees to accept the Property in its "AS IS" condition, without any warranty from City, expressed or implied, as to the condition of the Property, its marketability, or its fitness for any particular purpose. At its own cost Company shall clear all trees and shrubs necessary to undertake the Project (defined below), shall construct to a finished state at least 150 multifamily units, including installation of driveways and sidewalks, and be responsible for removal of all construction debris, proper leveling or shaping of groundscape, and grassing and/or landscaping (construction and finishing as so described are referred to collectively as the "Improvements"). The Improvements shall be constructed in accordance with the terms of this Agreement, all applicable City, state, and federal building codes and shall comply with all applicable City ordinances and other applicable law. Company shall submit specific plans, building designs and site plans for City review and approval before the commencement of construction and shall not substantially deviate from such plans, specifications or designs. Company will use its best efforts to 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 Improvements may be lawfully constructed. The Property, the Improvements, and all site preparation and development -related work to be undertaken and completed by Company under this Agreement are collectively referred to as the "Project". 4. Timeliness of Construction; Possibility of Reverter. The parties agree that Company's commitment to cause the Project to be undertaken and to construct the Improvements in a timely manner constitutes a material inducement for the City to extend the incentives provided for in this Agreement, and that without said commitment City would not have done so. Subject to Unavoidable Delays (defined below), Company having pursued and received a building permit, shall begin construction of the Improvements within 30 days of the Delivery Date. (the "Project Start Date"), and 2 Page 336 of 436 construction of Improvements must be Substantially Completed within 24 months of the Project Start Date (the "Project Completion Date"). For purposes of this Agreement, "Substantially Completed" means the date on which the Improvements have been completed to the extent necessary for the City to issue a certificate of occupancy relating thereto. If Company has not begun construction of the Improvements by the Project Start Date, City may terminate this Agreement as set forth in Section 14, and City shall have no further obligation hereunder with respect to such Project. If construction has not begun by the Project Start Date but the development of the Project is still imminent, the City Council may, but shall not be required to, grant an extension of the Project Completion Date. If construction has commenced within the required period or any extended period and is stopped and/or delayed as a result of an act of God, war, civil disturbance, court order, labor dispute, fire, or other cause beyond the reasonable control of Company (each of the foregoing is an "Unavoidable Delay"), then time lost as a result of Unavoidable Delays shall be added to extend the Project Completion Date by a number of days equal to the number of days lost as a result of Unavoidable Delays. If construction is not completed by the Project Completion Date or within the allowed period of extension, City may (i) grant an extension of the Project Completion Date, the granting of which extension will not be unreasonably withheld so long as Substantial Completion of construction is expected within a reasonable time period, or (ii) if Substantial Completion is not expected within a reasonable time period, terminate this Agreement as set forth in Section 14, title to the Property shall revert to the City, and City shall have no further obligation hereunder with respect to such Project nor any duty to compensate Company for any work or materials provided before the termination date or for the added value of improvements completed or partially completed. As promptly as possible, Company shall notify City in writing of the occurrence of any Unavoidable Delay and shall again notify City in writing when the Unavoidable Delay has ended. 5. Reverter of Title; Indemnity. In the event of any reverter of title, Company agrees that it shall, at its own expense, promptly execute all documents, including but not limited to a special warranty deed, or take such other actions as the City may reasonably request to effectuate said reverter and to deliver to City title to the Property that is free and clear of any lien, claim, charge, security interest, mortgage or encumbrance (collectively, "Liens") arising by or through Company. Company shall pay in full, so as to discharge or satisfy, all Liens on or against the Property. In connection with any reverter of title, Company shall not be entitled to a refund of the Purchase Price. Appointment of Attorney in Fact: If Company fails to deliver such documents, including but not limited to a special warranty deed, to City within sixty (60) days after written demand by City, then on Company's behalf and as its attorney -in -fact City shall be authorized, but not required, to execute the special warranty deed required by this Section, and for such limited purpose Company does hereby constitute and appoint City as its attorney -in -fact. A. Indemnification by Company. Company agrees that it shall indemnify City and hold it harmless with respect to any demand, claim, cause of action, damage, cost, expense, liability or injury made, suffered, or incurred as a result of 3 Page 337 of 436 Company's negligent act, error, omission, or willful misconduct in connection with the performance of any and all of its duties under this Agreement, or any Lien or Liens on or against the Property of any type or nature whatsoever that attaches to the Property by virtue of Company's ownership of same. If City files suit to enforce the terms of this Agreement and prevails in such suit, then Company shall be liable for all legal expenses, including but not limited to reasonable attorneys' fees, incurred by City. Company's duties of indemnity pursuant to this Section shall survive the expiration, termination or cancellation of this Agreement for any reason. 6. Utilities. Company will be responsible for extending water, sewer, telephone, telecommunications, electricity, gas and other utility services to any location on the Property and for payment of any associated connection fees. 7. Incentives. After the Improvements have been Substantially Completed, Company will be eligible for the following incentives: A. Partial Tax Exemption. Because the Property is located in a designated Consolidated Urban Revitalization Area (CURA), the Property is eligible for tax exemption consistent with and to the extent provided for in Iowa law and City ordinance, provided that Company meets all requirements to qualify for such exemption. 7. No Encumbrances; Limited Exception. Until completion of the Improvements, Company agrees that it shall not create, incur, or suffer to exist any Liens on the Property, other than such mortgage or mortgages as may be reasonably necessary to finance Company's completion of the Improvements and of which Company notifies City before Company executes any such mortgage. Company may not mortgage the Property or any part thereof for any purpose except in connection with financing of the Improvements. 8. No Assignment or Conveyance. Company agrees that it will not sell, convey, assign or otherwise transfer its interest in the Property prior to completion of the Project, whether in whole or in part, to any other person or entity without the prior written consent of City. Reasonable grounds for the City to withhold its consent shall include but are not limited to the inability of the proposed transferee to demonstrate to the City's satisfaction that it has the financial ability to observe all of the terms to be performed by Company under this Agreement. 9. Additional Covenants of Company. In addition to the other promises, covenants and agreements of Company as provided elsewhere in this Agreement, Company agrees as follows: A. Until the Improvements have been Substantially Completed, Company shall make such reports to City, in such detail and at such times as may be reasonably requested by City, as to the actual progress of Company with respect to construction of the Improvements. 4 Page 338 of 436 B. Company will comply with all applicable land development laws and City and county ordinances, and all laws, rules and regulations relating to its businesses. C. Company 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 Improvements. 10. Representations and Warranties of City. City hereby represents and warrants as follows: A. City is not prohibited from consummating the transaction contemplated in this Agreement by any law, regulation, agreement, instrument, restriction, order or judgment. B. Each person who executes and delivers this Agreement and all documents to be delivered hereunder is and shall be authorized to do so on behalf of City. 11. Representations and Warranties of Company. Company hereby represents and warrants as follows: A. It is duly organized, validly existing, and in good standing under the laws of the state of its organization and is duly qualified and in good standing under the laws of the State of Iowa. B. It has all requisite power and authority to own and operate its properties, to carry on its business as now conducted and as presently proposed to be conducted, and to enter into and perform its obligations under this Agreement. C. This Agreement has been duly and validly authorized, executed and delivered by Company and, assuming due authorization, execution and delivery by the other parties hereto, is in full force and effect and is a valid and legally binding instrument of Company that is enforceable in accordance with its terms, except as the same may be limited by bankruptcy, insolvency, reorganization or other laws relating to or affecting creditors' rights generally. D. The execution and delivery of this Agreement, the consummation of the transactions contemplated hereby, and the fulfillment of or compliance with the terms and conditions of this Agreement are not prevented by, limited by, in conflict with, or result in a violation or breach of, the terms, conditions or provisions of the articles of organization or operating agreement of Company or of any contractual restriction, evidence of indebtedness, agreement or instrument of whatever nature to which Company is now a party or by which it or its property is bound, nor do they constitute a default under any of the foregoing. 5 Page 339 of 436 E. There are no actions, suits or proceedings pending or threatened against or affecting Company in any court or before any arbitrator or before or by any governmental body in which there is a reasonable possibility of an adverse decision which could materially adversely affect the business (present or prospective), financial position, or results of operations of Company or which in any manner raises any questions affecting the validity of the Agreement or Company's ability to perform its obligations under this Agreement. 12. Indemnification and Releases. A. Company hereby releases City, its elected officials, officers, employees, and agents (collectively, the "indemnified parties") from, covenants and agrees that the indemnified parties shall not be liable for, and agrees to indemnify, defend and hold harmless the indemnified parties against, any loss or damage to property or any injury to or death of any person occurring at or about the Property or resulting from any defect in the Improvements caused by Company's negligent act, error, or omission during the performance of this Agreement . The indemnified parties shall not be liable for any damage or injury to the persons or property of Company or its directors, officers, employees, contractors or agents, or any other person who may be about the Property or the Improvements, due to any act of negligence or willful misconduct of any person, other than any act of negligence or willful misconduct on the part of any such indemnified party or its officers, employees or agents. B. Except for anygross negligence, error, omission, or any unlawful act of the indemnified parties, Company agrees to protect and defend the indemnified parties, now or forever, and further agrees to hold the indemnified parties harmless, from any claim, demand, suit, action or other proceedings or any type or nature whatsoever, by any person or entity whatsoever that arises from: (1) any violation of any term or condition of this Agreement (except with respect to any suit, action, demand or other proceeding brought by Company against the City to enforce its rights under this Agreement), or (2) Company's negligent act, error, omission, or willful misconduct in connection with construction, installation, ownership, and operation of the Improvements, or (3) otherwise as a result of or in connection with the Project C. The indemnification obligations under this Section shall include attorneys' fees and expenses incurred by any indemnified part. The provisions of this Section shall survive the expiration or termination of this Agreement. 13. Default. The following shall be "Events of Default" under this Agreement, and the term "Event of Default" shall mean any one or more of the following events that continues beyond any applicable cure periods: A. Failure by Company to cause the construction of the Improvements on the Property to be commenced and completed pursuant to the terms, conditions and limitations of this Agreement; 6 Page 340 of 436 B. Transfer by Company of any interest (either directly or indirectly) in the Improvements, the Property, or this Agreement, without the prior written consent of City, except as otherwise expressly provided in this Agreement; C. Failure by any party hereto to substantially observe or perform any covenant, condition, obligation or agreement on its part to be observed or performed under this Agreement; D. Company (1) files any petition in bankruptcy or for any reorganization, arrangement, composition, readjustment, liquidation, dissolution, or similar relief under the federal bankruptcy law or any similar state law; (2) makes an assignment for the benefit of its creditors; (3) admits in writing its inability to pay its debts generally as they become due; (4) is adjudicated a bankrupt or insolvent; or if a petition or answer proposing the adjudication of Company as a 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 ninety (90) days after the filing thereof; or a receiver, trustee or liquidator of Company, or part thereof, shall be appointed in any proceedings brought against Company and shall not be discharged within ninety (90) days after such appointment, or if Company shall consent to or acquiesce in such appointment; or (5) defaults under any mortgage applicable to a Project Site formerly owned by City. E. Any representation or warranty made by Company in this Agreement, or made by Company in any written statement or certificate furnished by Company pursuant to this Agreement, shall prove to have been incorrect, incomplete or misleading in any material respect on or as of the date of the issuance or making thereof. 14. Remedies. A. Default by Company. Whenever any Event of Default in respect of Company occurs and is continuing, the City may terminate this Agreement, in whole or in part. Before exercising such remedy, City shall give 60 days' written notice to Company of the Event of Default, provided that by the conclusion of such period the Event of Default shall not have been cured, or the Event of Default cannot reasonably be cured within 60 days and Company shall not have provided assurances reasonably satisfactory to the City that the Event of Default will be cured as soon as reasonably possible. Upon termination by City pursuant to this Section 14(A), City may exercise any and all remedies available at law, equity, contract or otherwise for recovery of any sums paid by City to Company before the date of termination. B. Default by City. Whenever any Event of Default in respect of City occurs and is continuing, Company may take such action against City to require it to specifically perform its obligations hereunder. Before exercising such 7 Page 341 of 436 remedy, Company shall give 60 days' written notice to City of the Event of Default, provided that by the conclusion of such period the Event of Default shall not have been cured, or if the Event of Default cannot reasonably be cured within 60 days and City shall not have provided assurances reasonably satisfactory to the Company that the Event of Default will be cured as soon as reasonably possible. In the event that specific performance is not available for any reason whatsoever, Company may exercise any and all remedies available at law, equity, contract or otherwise for City's default hereunder. C. Remedies under this Agreement shall be cumulative and in addition to any other right or remedy given under this Agreement or existing at law or in equity or by statute. Waiver as to any particular default, or delay or omission in exercising any right or power accruing upon any default, shall not be construed as a waiver of any other or any subsequent default and shall not impair any such right or power. 15. Materiality of Company's Promises, Covenants, Representations, and Warranties. Each and every promise, covenant, representation, and warranty set forth in this Agreement on the part of each party to be performed is a material term of this Agreement, and each and every such promise, covenant, representation, and warranty constitutes a material inducement for each party to enter this Agreement. Each party acknowledges that without such promises, covenants, representations, and warranties, the other party would not have entered this Agreement. 16. Performance by City. Company acknowledges and agrees that all of the obligations of City under this Agreement shall be subject to, and performed by City in accordance with, all applicable statutory, common law or constitutional provisions and procedures consistent with City's lawful authority. All covenants, stipulations, promises, agreements and obligations of City contained in this Agreement shall be deemed to be the covenants, stipulations, promises, agreements and obligations of City and not of any governing body member, officer, employee or agent of City in the individual capacity of such person. 17. No Third -Party Beneficiaries. No rights or privileges of any party hereto shall inure to the benefit of any contractor, subcontractor, material supplier, or any other person or entity, and no such contractor, subcontractor, material supplier, or other person or entity shall be deemed to be a third -party beneficiary of any of the provisions of this Agreement. 18. Notices. Any notice under this Agreement shall be in writing and shall be delivered in person, by overnight air courier service, by United States registered or certified mail, postage prepaid, or by facsimile (with an additional copy delivered by one of the foregoing means), and addressed: (a) if to City, at 715 Mulberry Street, Waterloo, Iowa 50703, fax number 319-291-4571, Attention: Mayor, with copies to the City Attorney and the Community Planning and Development Director. 8 Page 342 of 436 (b) if to Company, at 409 Massachusetts Avenue, Suite 300, Indianapolis, IN, 46204, Attention: Ryan Clark. Delivery of notice shall be deemed to occur (i) on the date of delivery when delivered in person, (ii) one (1) business day following deposit for overnight delivery to an overnight air courier service which guarantees next day delivery, (iii) three (3) business days following the date of deposit if mailed by United States registered or certified mail, postage prepaid, or (iv) when transmitted by facsimile so long as the sender obtains written electronic confirmation from the sending facsimile machine that such transmission was successful. A party may change the address for giving notice by any method set forth in this Section. 19. No Joint Venture. Nothing in this Agreement shall, or shall be deemed or construed to, create or constitute any joint venture, partnership, agency, employment, or any other relationship between the City and Company nor to create any liability for one party with respect to the liabilities or obligations of the other party or any other person. 20. Amendment, Modification, and Waiver. No amendment, modification, or waiver of any condition, provision, or term of this Agreement shall be valid or of any effect unless made in writing, signed by the party or parties to be bound or by the duly authorized representative of same, and specifying with particularity the extent and nature of the amendment, modification, or waiver. Any waiver by any party of any default by another party shall not affect or impair any rights arising from any subsequent default. 21. Severability; Reformation. Each provision, section, sentence, clause, phrase, and word of this Agreement is intended to be severable. If any portion of this Agreement shall be deemed invalid or unenforceable, whether in whole or in part, the offending provision or part thereof shall be deemed severed from this Agreement and the remaining provisions of this Agreement shall not be affected thereby and shall continue in full force and effect. If, for any reason, a court finds that any portion of this Agreement is invalid or unenforceable as written, but that by limiting such provision or portion thereof it would become valid and enforceable, then such provision or portion thereof shall be deemed to be written, and shall be construed and enforced, as so limited. 22. Captions. All captions, headings, or titles in the paragraphs or sections of this Agreement are inserted only as a matter of convenience and/or reference, and they shall in no way be construed as limiting, extending, or describing either the scope or intent of this Agreement or of any provisions hereof. 23. Binding Effect. This Agreement shall be binding and shall inure to the benefit of the parties and their respective successors, assigns, and legal representatives. 9 Page 343 of 436 24. Counterparts. This Agreement may be executed in one or more counterparts, each of which, including signed counterparts delivered by facsimile or other electronic means, shall be deemed an original and all of which, taken together, shall constitute one and the same instrument. 25. Entire Agreement. This Agreement, together with the exhibits attached hereto, if any, constitutes the entire agreement of the parties and supersedes all prior or contemporaneous negotiations, discussions, understandings, or agreements, whether oral or written, with respect to the subject matter hereof. 26. Time of Essence. Time is of the essence of this Agreement. IN WITNESS WHEREOF, the parties have executed this Development Agreement by their duly authorized representatives as of the date first set forth above. [signatures on next page] 10 Page 344 of 436 CITY OF WATERLOO, IOWA UNION DEVELOPMENT HOLDINGS, LLC By: By: Quentin M. Hart, Mayor Kyle Bach, CEO Attest: Kelley Felchle, City Clerk 11 Page 345 of 436 EXHIBIT "A" Property Description Annex Group Subject Property (Lot 1 of the Proposed North Crossing 3rd Addition) A part of Auditor's Parcel G, as recorded in Document #2008-10309, on file in the Black Hawk County Recorder's Office in Waterloo, Iowa, in the Northeast Quarter of the Southwest Quarter of Section 12, T89N, R13W of the Fifth P.M., Black Hawk County, City of Waterloo, being more particularly described as follows: Commencing at the Southwest Corner of said Quarter -Quarter Section; Thence North 0°56'11" West, 659.05 feet along the West Line of said Quarter -Quarter Section; Thence North 89°38'37" East, 33.00 feet to the Point of Beginning, said point also being the Northwest Corner of said Auditor's Parcel G located on the East Right -of -Way Line of East 4th Street; Thence continuing North 89°38'37" East, 885.55 feet along the North Line of said Auditor's Parcel G; Thence South 0°54'13" East, 292.68 feet; Thence South 55°04'12" West, 236.62 feet; Thence South 0°53'47" East, 103.98 feet; Thence South 79°44'50" West, 378.06 feet; Thence South 89°38'50" West, 316.03 feet to the East Right -of -Way Line of East 4th Street; Thence North 0°56'11" West, 595.90 feet along said East Right -of -Way Line to the Point of Beginning. Containing 10.78 Acres, Subject to any easements recorded or unrecorded and further subject to easements required as part of the pending subdivision infrastructure. Page 346 of 436 See attached. EXHIBIT "B" Preliminary Plat of North Crossing Addition 1 Page 347 of 436 WATERLOO BLACK HAWK COUNTY /111■■■1■■■■L ■■■■■■ �r�'` 1•I•MI1=11111111111w a■■■■■■■1111f STATE OF IOWA SHEET PP0.1 PP0.2 PP1.1 PP1.2 PP1.3 PP1.4 SHEET INDEX TITLE COVER SHEET SITE MAP NORTHWEST QUADRANT NORTHEAST QUADRANT SOUTHWEST QUADRANT SOUTHEAST QUADRANT LEGAL DESCRIPTION Part of the Southwest Quadrant of Section 12, Township 89 North, Range 13 West of the Fifth Prinipal Meridian more particularly described as follows: Commencing at the East Quarter Comer of said Section 12; Thence South 89° 58' 10" East, 100.01 feet; Thence South 00° 49' 42" East, 33.00 feet to the Point of Beginning, being the intersection of the East Right -of -Way line of US Highway 63 and South Right -of -Way line of Ralston Road; Thence South 89° 58' 10" East, 519.04 feet; Thence South 00° 55' 36" East, 259.74 feet; Thence South 89° 57' 15" East, 680.03 feet; Thence South 00° 56' 11" East, 108.55 feet; Thence North 89° 38' 37" East, 1,098.27 feet; Thence South 65° 43' 46" East, 294.10 feet; Thence South 00° 54' 09" East, 566.47 feet; Thence South 89° 38' 35" West, 529.03 feet; Thence South 00° 53' 47" East, 566.90 feet; Thence South 89° 17' 02" West, 835.00 feet; Thence South 00° 53' 47" East, 174.84 feet; Thence North 89° 55' 10" West, 628.27 feet; Thence North 00° 34' 01" West, 291.07 feet; Thence South 89° 06' 13" West, 117.51 feet; Thence 356.34 feet along a 230.00 foot radius curve concave northeasterly with a long chord bearing North 46° 30' 42 West, 321.76 feet; Thence North 46° 00' 04" West, 14.18 feet; Thence South 89° 09' 42" West, 53.17 feet; Thence North 00° 51' 00" West, 10.00 feet; Thence South 89° 09' 42" West, 163.92 feet; Thence South 00° 46' 10" East, 10.00 feet; Thence South 00° 49' 42" East, 138.59 feet; Thence South 89° 07' 36" West, 36.00 feet; Thence North 00° 49' 42" West, 68.98 feet; Thence North 14° 16' 28" East, 58.34 feet; Thence North 00° 49' 52" West, 274.51 feet; Thence North 06° 45' 49" East, 25.30 feet; Thence North 00° 21' 10" West, 382.22 feet; Thence North 02° 22' 02" East, 256.50 feet; Thence North 00° 49' 42" West, 362.25 feet to the Point of Beginning; Excepting that portion of land described in Warranty Deed recorded in Book 658, Page 762 in the Black Hawk County, Iowa Recorders Office Containing 71.91 Acres CURRENT ZONING WEST OF 4th STREET: C-2 & C-P EAST OF 4th STREET: R4-RP PROPOSED ZONING NO CHANGE AVERAGE LOT SIZE 2.36 ACRES (FIGURE EXCLUDES ALL TRACTS) PRELIMINARY PLAT FOR NORTH CROSSING THIRD ADDITION TO THE CITY OF WATERLOO, BLACK HAWK COUNTY, IOWA PN: 4301-21 11/24/2021 6RIN CI E Al 11 3 DONALD W DALE S Sr CROIX DR HEATH TT VOLD DR - PROJECT LOCATION MEMO EYSTO DONALD DALE ST USE ST 2 OVIS ST 14 MRK ST ANITA ER ST ITT LOCATION MAP WATERLOO, IOWA NTS kir Robinson Engineering Company Consulting Engineers 819 Second Street NE Independence, Iowa 50644 319-334-7211 DEVELOPER NOEL ANDERSON CITY OF WATERLOO 715 MULBERRY STREET WATERLOO, IOWA 50703 OWNERS CITY OF WATERLOO NORTH CROSSING, LLC CIVIL ENGINEER ROBINSON ENGINEERING 819 SECOND STREET NE INDEPENDENCE, IOWA 50644 319-334-7211 PROJECT CONTACT: ALEX BOWER ENGINEER: MONICA SMITH NOTES 1. THIS PRELIMINARY PLAT IS A CONCEPTUAL REPRESENTATION OF THE PROPOSED DEVELOPMENT. ANY FINAL PLAT AND RELATED IMPROVEMENTS REQUIRED BY THE DEVELOPMENT SHALL MEET THE REQUIREMENTS OF THE CITY OF WATERLOO 2. FINAL EASEMENT SIZING SHALL BE REVIEWED AT TIME OF FINAL PLATTING. SIZING SHOWN IS BASED ON ASSUMED DEPTH AND SIZES OF UTILITIES 3. TRACT D SHALL BE DEDICATED TO THE CITY OF WATERLOO FOR STORM WATER CONVEYANCE 4. TRACT B SHALL BE RETAINED FOR FUTURE DEVELOPMENT FOR LAND CONVEYANCE AND IS NOT PROPOSED AS A DEVELOPABLE PARCEL. 5. TRACTS A AND C SHALL BE USED FOR STORM WATER DETENTION/RETENTION AND OVERFLOW ROUTING. FINAL SIZING IS DEPENDENT ON AN APPROVED STORM WATER MANAGEMENT REPORT. 6. TRACT E SHALL BE DEDICATED TO THE CITY OF WATERLOO FOR PUBLIC RIGHT-OF-WAY 7. TRACTS F AND G ARE PROPOSED TO BE DEDICATED TO ADJACENT PROPERTY OWNER(S) TO EXPAND EXISTING PARCELS AND/OR VACATE EXISTING RIGHT-OF-WAY 8. APPROPRIATE BUFFERING SHALL APPLY PER CITY CODE RELATING TO PERMITTED USE OF DIFFERENT ZONING ADJACENT TO EACH OTHER. 9. ALL LOT FRONTAGE (INCLUDING DOUBLE FRONTAGE), SHALL HAVE A 10' PUBLIC UTILITY EASEMENT FROM THE PROPERTY LINE INTO THE LOT UNLESS NOTED AS GREATER ON THIS DOCUMENT. 10. STREET LIGHT LOCATIONS SHOWN ON THE PRELIMINARY PLAT ARE SUBJECT TO DESIGN. FINAL LOCATIONS WILL BE COORDINATED WITH THE CITY OF WATERLOO AND MIDAMERICAN ENERGY FOR THE TYPE OF LUMINARY SELECTED AT THE TIME OF FINAL PLATTING. INTERVALS SHOWN ON PLAT ASSUME AN EFFECTIVE ILLUMINATION OF 300'-400' 11. ALL UTILITY EASEMENT SHOWN ARE SUBJECT TO UTILITY APPROVAL AT TIME OF FINAL PLATTING. 12. CONSTRUCTION OF NORTH FRONT DRIVE AND IT'S ASSOCIATED SIDEWALKS, RIGHT-OF-WAY DEDICATIONS, AND STORM INFRASTRUCTURE IS SUBJECT TO APPROVAL OF IOWA DOT AND FURTHER SUBJECT TO THE NEEDS OF END USERS FOR EACH DEVELOPED LOT. PP0.1 11/24/2021 PRELIM \\c-Tr�""p01110j"'jn,,, Off\ ,M�°''o e\`; \CEN 15074 _ • .. ...... ''., ONAL 0\\`°\\` """" """" l r\T\\ I hereby certify that this Engineering document was prepared by me or under my direct personal supervision and that I am a duly Licensed Professional Engineer under the laws of the State of Iowa. MONICA M. SMITH LICENSE NO. 15074 Signature Date My renewal date is December 31, 2021 Pages or sheets covered by this seal: 'C' SHEETS Page 348 of 436 Z2 Go O J 0.935 ACRE(S) — 40711 SF -NORTH-ERN— 7 FRONT DRIVE LOT 19 1.742 ACRE(S) 75867 SF -1vlC-D WAY RALSTON ROAD LOT 16 0.973 ACRE(S) 42383 SF LOT 15 0 956 ACRE(S)— _ 41653 SF (-.. 0 V LOT 14 1.568 ACRE(S) Z 68318 SF 0 U LOT 12 2.436 ACRE(S) 106123 SF TRACT E _ 5.947 ACRE(S) 259051 SF LOT 8 2.747 ACRE(S) 119642 SF LOT 7 2.169 ACRE(S) 94489 SF TRACT D_ 0.859 ACRE(S) 37402 SF LOT 10 4.223 ACRE(S) 183947 SF LOT 11 2.501 ACRE(S) 108950 SF LOT 6 2.269 ACRE(S) 98823 SF LOT 4 2.151 ACRE(S) 93695 SF \ 'L S agP of 41R P1 LOT 2, 3.362 ACRE(S) 146464 SF • LOT 3 2.765 ACRE(S) 1 I439 SF VIRDEN CREEK PROJECT LOT 1 ' 10.771 ACRE(S) 469163 SF ' TRACT C. 5.965 ACRE(S),`' 259829 SF - LAKESIDE STREET r ■■ TRACT A 1.163 ACRE(S) 50662 SF o o co P A0 A r �Oo 2_� � zo G A w z NS 1. R,T FITT ���GSi1 Z2 _ -- 1---�A \,O i 3) q5 9 ✓ y1 � r50 .50 - 1 1 /24/2021 ZQ� PRELIM ` 2 uJ (71 z 0 1- 0 0 o Fo = w o H O gZ 0I-< ;G F- a m Z V 3 c Fo o2w Q i PP0.2 /\ " I\ 1 Al' /5 S 89°58'10" E 100.01'z M / w 3. 3 \ I F ,�1--877-- 8g2 ''?'C.9 m� LOT 17 rn-----< 876- - 0.975ACRE(S) �/. 42461 SF _ — r I\ / $g1- — / — S 89°10'18' W 222.14's" S S 89°58'10' E kr. LOT18 40711 SF 873 I� / / L // ; A 6 0I ��- — — — — - C Mom_ <S 89°10'18" W 222.91'_ NORTHERN FRONT s'' 13 EG12a9 �S S 0' 50' 100' _UE SR17 !— — SRPo ; - SUE w-- mow— w---w1,W- N�� 222.17'_�� AP1ti l \ I \ IM 11, m> \ O \ \ (\ \ \ \ \ \ (\ II ( \ \i ���v \ \ \ \vA\y \ A \//\6,,\\ I\1 \ .V I '\ S 89°38'50" W 237.62' \ ee�I\ 1\ M \ o \\ I I / \2 / 1 I .�pp 1/ o I \ ,\GF-7Sgo3 \ LOT 20 / I\ N r o ^ 1/ 0P k 0.807 ACRE(S) I z �I pay45G 135147 SF/ 1 11 / /"\ \_A 89°10'18" E 226.26' \ l \ \ '0 ., \\V \ A \\ � \ \ \\\\ \ \ \\\ \ I (0, \ vvv f 1/ 7 \ \ \ / '(1/\ v v VA\ )\ 1\ N 1 \ 1 \ LOT 19'\ 1.742 ACRE(S) \ \ 75867 SF \ \\ /\ \ \ \\ 8 c c UE—UF�_t/E—UE- = UE=UETUE R' UE IIEt UE CON RO► SRR SRN E UE 19.04' - 1W—� �w.� `Wi- i iw -1--- i _ � _T /— — ----z/ /1 C s _879_ — — 1 — \I h �(V v a$p( --" LOT 16 - - yl4 '033L — .876 - 0.973 ACRE(S) I I '�`. \ 1 / 42383 SF - — — (IIj '- \ \ 1 / / l 170'IROW N\ \ — / / s75 / / \ f I i I � \ \ � J / / / ` UE BURIED ELEC. CONTOUR l' �9 y ( \ / �G G GAS LINE 0 I ti \ \ \ v 11/ / / // / �� CONTOUR 5' // S 89°10'18" W 227.16' ✓ i 1 \ \ _ — / / / / e CURB STOP _ ▪ WATER VALVE \ \ — — — • / t HYDRANT I \ ` - — — _ i POWER POLE n \ \ =iii ` — \ \ \ \ \ — - ® STORM STRUC. e v — i m INTAKE i��l\Vj��ly �� \ �—_ — / / / ® SANITARY STRUC. �1°/i I \ — ___ ROAD SIGN — _ i S 89°5T1!TRACT D 3' SUEUE UE•UF�� UEUEUE bE--UE _ UE Cf1i \. W 1/1 o \ LOT 14 / of \ 1.568 ACRE(S) LV M, I 68318 SF >t , gI7 b I I \\ \ 1 II I zn \\ Z \li I \ v I \ (11 �/I^ 1 \ \ I o111 \\ \I Ce Y QU ^ I \\ \ S 89°10'18" W 227.98'1 \ o1' Z LEGEND EXISTING —$1. / I IIII I I;11; I III I / CO i — / 1 III / LOT 15,(�-/ 1 111 Iw / 0.956ACRE(S) 1 II1� � 41653SF 74 II /ip 01ti I 11110 / I \ / I \ 1_ S 89°10'18" W 227.47' -� 0 \ \ 77 / —ww— WATER PIPE BOUNDARY LOT LINE EASEMENT CENTERLINE —<SD STORM PIPE / / —< SAN — SAN. PIPE / —< —w— SAN. SERVICE /—�'—.'— WATERSERV. —�—..— / F0 COMM. LINE F0 Ou OVERHEAD ELEC. 0U PROPOSED —sD-- -< SAN — —Pm - -w—w- UE • • 14 ern / i / / /,- '/ I \ \ I \ I \ 1 I \ 70' ROW // ',1 /\ I I °' / / LOT 13 Nt\ / 1.228ACRE(S) `P I \ // 53507 SF I \ ii 10 o_ In _ -222-- 0.859 ACRE(S) _„,_ _,- 37402 SF-------�� ;_ g 8 nn°scas F ann On' -f -_�--_-_ ------------------------------___=T1S1iE 680.04'---- ------� ----------- -� __ _ n l ----- --- m ? 00 8j \J L I ^ 13 7 / I 1 I yJp�� i a9 \ I I \ I I I ---7-- I / / \ S 00°55'36" E 276.36' LOT 10 4.223 ACRE(S) 183947 SF 1/ 1 1 1 N 89°03'44" E \ r— Page 350 of 436 \ 338.99' \ 1 1 1 1 1 I\ I \ \ I �7, /v 1 \ LOT12 \ I w\ 2.436 ACRES) \ I o \ 106123 SF \ I N \ I I A v I _$ \ I \ I ur\ \I I \ I \ ;\ --—I-� —-+-— v 4 C0 \ N r 679.99' I / / 1 7- / a0 —_ \ 0 W 9$• 7 j eji (moo , 341.00' LOT 11 2.501 ACRE(S) 108950 SF N II / Oi 10 1n 1 NORTHWEST QUADRANT PPl .1 11/24/2021 PRELIM RALSSTO �, ROAD 11 31' B-B 11 f I 66' ROW (EXISTING) ``\\ 1 \1 \\\\\\\ \\\�\\1 VIRDEN CREEK PROJECT _ LEGEND EXISTING PROPOSED BOUNDARY LOT LINE - - - - EASEMENT CENTERLINE -<SD STORM PIPE —<so- -< SAN SAN. PIPE —< SAN - -Or - SAN. SERVICE -cm - -ww- WATER PIPE -ww- - = WATERSERV.-..+—..- Fo = COMM. LINE Fo- ou OVERHEAD ELEC. ou uE BURIED ELEC. uE c GAS LINE CONTOUR 1' - - CONTOUR 5' • CURB STOP • • WATER VALVE H HYDRANT t POWER POLE + ® STORM STRUC. 0 INTAKE ® SANITARY STRUC. • - ROAD SIGN - �1+ ------------- s�--- _ 6 _N 89°38'37" E 1032.27.� J II iY.l I 1 f ��� \ - - - 885.55'- - _ ,.I ..I Inn na � I as ��� ���,. �\�_ 00 / -875- r - �10' PUBLIC UTILITY EASEMENT-- \ \ �Q\ �6 - ' `� 875o 6. \O�G��G� \ /� 0��\ \ \ \ IIII \ �1� 9 _c 2g4 ��� ' Z V \ Pc1 �I v// / .. . O A 86 • 10 ,� \ Q A 975���y s - \ � \ V A \ \ \ - 871 Jo�I _ —L\ Q(a� / ����� \ \\ \ \ \ \ ( i e N N \ \ \ \I I III\ ` 1 r�� t \ \ \ \ ) / I / / 88D- - - ` \ \ m> do I I Iol I I h \ \ \ \ \ \ -a81 6 ` _\ \ \\ \ sus N III + I I M - - `� 870 - _ _�� < \ \ \\ \ \ \ \ \� �874 C \ yeti �\` - \\ \ , �s>ss�i �s\\ \ \ \ IIII I� �I`° \ \ \\ \ \\\ \ \\ \ \ \ \ \ \ \ ( aea \ - g82 8ja\ \\ \\ \ \ \ h I�11111\�I a /� - - - 'I \ \ \ \ \ \ _\_ �_� sa 1 \ cr. I li - _ - - �.-871� _ \ \ \ \ \ \ \ \ ,___-1„, \ \ \ \ \ \ \ N, 11111 0 _` _ 7I \ \\ \N� \ \\\\ \ \\\\\ \ \\\�__ _ a- 88g2�8q \\\\ \\\ \\ \ \ \ �lillll h o�/ // L��\\\ \ J / \N vvv VA \\ \ e/1l _J I/VAAAV AVA \ V /I1i , ------"(I _ vv� v�v Vv� \ \ �� \ \ \ \ v / �z / �v v //\VAA�VA\VA VA v I hill III\ \ �v� v1:771-: '�v�%� V --\----- B.7-V A \ \ ,�/ / _- i ice= ��-'/\\VA V A VA A \ III /V I V67 \ \ \ \ m / __�/ \\\ \ \\ \ \ III / \\I I \ \ \ \ \ ,��_, A V A V A\ m l l i %_��— v\v\ \ VA \ vv v a, III/ v A V AI \ / v/����\ A V A \\ \�,� LOT1, A\\\\\VCV A \V\VAVvVA VA\ AA,Bja�s '\ 1111I II�\�\\VIAVA/ ���v_/ --\VA >6>, lo469163SF(s)\VAVA \\��_ AV \\ _VAVA A,a,8j>s\� l/�l iiIw ��s \ 76,\ AA\i :N-72.,:i �'� /Ae>o A �- A \�V �,872�� ��e>y-8�ki% //lV CBI A /^\ 0\\/ / 0 - e� \ \\\V A gi�/> > / w//I J e \ �— \ V A \ a�88 \ \A -/ \ \\ �a \ \ T� use A A VA\\A \ � A V A 8sase���V �6ti \�>Y // I A s>�. A/ / /// /�o�q��-A J �, VA VA AA VAA \ \\ V A \ \ V A VA \ \ 8a� s v� �tia .�15� v� I \ \ /� ,� /� / / �m v \ \ V A VA VA VA V A ��� m1°u `v ' �'Gv i\i AA Vl l o i/i�// ' /IIv V A V A \ VA VAA\\\\ V �\ — l� l l l ��' l �� h1 col co i \ \ \ \ /j 55wgg9TRACT:): k 6�; \ I \ I % l l l ' es 1 \ \ \ \ \ \ \\ \\ \ \ \ �- //� 1.163 ACRES) y\i g6 \ I 8>S l I \ l l l l l / 872'� A V \ \ \ \ � � _, �- '� ��� � 6� �� 'ti vA �e> B a>s � J I r � 1 � l / l l% i I p \ \ \ A VA \ \VAA\ \ A\ \\ ��/%���_ ��s- o662sF�.� �,�o8js_ 8 �. v / �i �I I /i l l� l PI l 66' ROW (EXISTING) \ \ \ \\ ���� \� \��` L% ���/I L l�� �i_ 6� \\\�i$TyOC \ \\ \ / // / 1/ I I j I I �I 1 o 31'B-B \ \ A VA \ VA\ v� /���%�/�i — �� ������A�\� �6 y5 e� �� \ �� v v / / i I /I /I f�i 6 \ 1, l I/I /I + N \ \ /l / // /,/i 66 $� o\\BV \ \ .1.--' / / q I I o \ \ V A \ \A V V/ // / �� j % / 0 \� VA VBay V / / / // I I �I/I I/� I I o v A A A VA A \VA \ ��/� \ / _ _ �\�\ � �A\ �eB v vwv��' i — — I �� I � 1: I I I II I �� - / I 9e6 \ — w r I \ \ \ �� \i- ` _ 6T85 ACREB(S) f / / I I I I \ \ \ --) A \I I — A VA A\VA Vv A\_ A I IV A 11 O / V \ \ \ \ \\— �_l_67o�/4- �1 VI11A� \\�V�w� \ \ �����A_ -----/ 6942asF /i� / v \ v v vv v( 1\ co r _\. A i m \ \ - - +� A \� AA / W 1 871 I m1 ) �_�_--C\ \ o (II I \ ,I MI \\\��\\� \\\ \ / // // // f I I\ rye ppy �i I----- \ \ /, �- \ \ 1 \ \ \ / N I I I \ 1I I I� N� a7a- ��� \\\\�� ,`\ \ T /\ / i/ / / l ��'>�,�'� �•s i\I A ei v —� vv\ vv 5 m1 _ / _ I /__ . �� 06 m m� m `n a �n 9°38')11111k/I I / \\\\\ �\C \l R" 1 i �- I 40' INGRESS /EGRESS -EASEMENT OR DETEN-TTON AND D A E M �NANCE ..----- N LI " ��� mn ^ �I 80 0 I \ �\::__. sb22- // \ \\ ��\ $12NN \ \ �g1� ,��1 i� 7 k // /I� � 8.06' _ / 869 / \ CI I I a72 01^ \\ \� -�h�i �iz� 'II"' / / , / / e'_ 7- 20' STORM SEWER AND DRAINAGE, FA8EFAENT / / / S79°44.50" W 37 7L \l l ` ys7o I I I / m1� �� ` 5 \� / �� � //� j ----_-a,� f2R9 — 869, 1 'Page 861 of 4136 \ \ 1 , z / ' \ % I. 1 i .- ��� �i i�y0 C -- 0' 50' 100' ro co I ^ to 12 PARCEL 'A', NE -SW I 12-8913 NORTHEAST QUADRANT z 0 1_ 0 0 a O m 1- cc O ▪ 0I< z ▪ OJ V z d� Lu w,0 cc < 0 N Q LL, () cc z0- 3jo F M o 3 W W 0 7 1. dzd Ur- PP1.2 11/24/2021 PRELIM / S 89 09'42'�IIN I 20. 0' —<SD —< SAN — — — —w—W— FO pJQ' /II it �Q\g 1'5 1 LOT 20 , 1 I ,JI/1\,(1P,cy9.) 0.807 ACRE(S) 1 r '/ OF 4sG / 35147 SF 1 l Q` 3'� 7 j I LL y 8By 1 1 ) S 44144'34" W \moo �(I / I / II 14.20' * W-- /- I S 89°38'50" W 228.76' S 89°38'50" W 929.51' —.�—� N ��8 12 6B `_882 T =88 +8g01 I I \�I �f TRACT F \Nab°35'13 rov N 06j,a"d9C� 0.412 ACRE(S). —\ �� 25.3 —r\ `-- 17968 SF =��_� 222.14 1 =� N 89°38'25" E 227.14' N 00°49'20" W 48.35' 5.00' EX PARCEL 20.80' ' co 0 E 20' ROW ACQUISITION TBD 227.11' S 89°09'42" W 163.92' N 00°51'00" W 30' ROW "0.00' ACQUISITION TBD :TRACT G 0.100 ACRE(S) 44359 SF S 89°07'36" W 36.00' LEGEND EXISTING PROPOSED BOUNDARY LOT LINE EASEMENT CENTERLINE STORM PIPE SAN. PIPE SAN. SERVICE WATER PIPE WATER SERV. COMM. LINE 89-09-42'"W 58.17' '00'04"W \1 � fI —<SO —< SAN —w—w— F0 ou OVERHEAD ELEC. ou UE BURIED ELEC. UE c GAS LINE CONTOUR 1' — — — CONTOUR 5' o CURB STOP WATER VALVE HYDRANT POWER POLE 0' STORM STRUC. m INTAKE 0' SANITARY STRUC. ROAD SIGN • 14 0 0 70' ROW \ 40' B-B/ co 1,-- j co / \1 / / N 45°35'26'' W 14.08' / l \ I \I 218.48 co A o of a ! — W — Co ,70' ROW I' \ n co — r�-335.84 TR,CT E 5.94 '' CRE(S) — 0, 00 CO G�Cy ysl�' 1 44°24'45"W \ G v — —vim v vv / / 055�05 \ 8>S. \ / 0 ;A v--v _ -,-_'- VA, / o = �w .-,t, — _'� -- — 0'� — \`?'e V ,v, �� // v LOT 8 V 1 A / =40' B-� n\ \ \ 2.747 ACRE(S) 1 1 I\ 65'ROW \ \ \ 119642 SF '�\\ \ •/6 \\ \ l N \ o 'I \\\/� Os o' 11 \ \I\ \ \vvAAIIA A 11 vv \ \ 1 \ \ 1 \ 11 60' ROW \ \I nl3/\B \ — �S 889°38'50' W A 4 \1121/ I All AI �V— LOT 7 V \ 94489 SF - - 117 51' G�0 Og`O dC3?-4"� \\ \ co 100' Page 352 of 436 N i EATH STREET sw )---w 1 - v v 6/1 9,O \6'i9 \ \ 1 V A —\i`D— --F°— \ 344.24' a�--c-ate aLP \ 66' ROW (EXISTING) \ ly \ \ ; / \ \ �/ \ Ir \ 11� P�0�3\Ill > >-/ \ I Fe , �1 'i 87g F` c, e1 / 1 m , / r cCA`'— / Lr / 1/ 1 •_ —jam LOTS - / 31'B-B1 o 2.672 ACRE(S)I / f I �� I Ilm 116408 SF I/ 66' ROW (EXISTING) _ /I 1 /� M / — — I /I� _ I / I 1 a, I I I �1 1I I // I I / I 7-S N 89°06'13" E 744.01' 1 v-\ `�,0VIIV AI .)I11 IIIII 1 I �v1111�(III���e> ��11II lulll1// °P�� 111111I11�1 N /I / G �G I1114'•1+� II 11 �GRQySI I I I I 1 01 11 I 11\ �,00 \,0 III I 1111 1°IIIII I;GC \ 2.1 8OACRE(S)�II I I 1 I t/ I �)� 92266 SF 1 I I 11 1 I/ 1 111 EX. DETENTION TO h .4 \ 11� 11 1 111\v 1 \ II\\\\ 8jd. E RELOCATED TO REGIONAL BASIN,`ti �T I I/ I �� / I /I E11 1111 it 88°49'39" W 452.86'� I 1 I cro I I► 1 1 0o I II I / I II 1 1 / II 11 r III II �I 1 I/ I l 1 1 I II 1 / III / Il 1 1 11 1 I -- / 1 11 l I; /LOT 6 II ,/ / 1 4 '1 II 11 2.269 ACRE(S) L\ 1 / 1 I I 98823 SF I h\ . 1L 1 1 1 L I III 1 \� I , N \i 10 20> ' �W co 1, "9, c '1 `\ \I ��� M. t_ e6� I'm I _ �o1 454.993t-------- NO H C..KOSS I N _UML,,, 7 471 313 25' --_ y i' s 870/ / // \ / — --- / // / N_ i �- / /�g12. // — Z ,�i3 / / — _ 1I 3 a12 LOT 4, / — %� 93695SF / /'� — j 1g. / / a / 31' B-E Z / �,(p'/ /ST6 j� O /66' ROW (EXISTING) 2.151 ACRE(S) 81A / / / / �% �/ / % / �___— /- /_, ------ / --e�� -- /— f 313.30' N 89°55'10" W 628.0- G`ry 1' SOUTHWEST QUADRANT z 0 1- 0 0 Q 0 M 5 o 7- it 0 F 0 1 Ln z OJ " 5 z d� w,0 cc 0 Q3W Qcc N 0zo71 F o O jW W z0_M Qd 0R. PP1 .3 11/24/2021 PRELIM / 2.765 ACRE(S) 120439 SF — I P=-- aow \ I I, I I 865 l8 T867 \ B) _ L _869_ - OWN 0p2=2 1 \ cP 434.50' 4 \\``\\,, pl),1,`iiiIIII,1 '111'),\I',\\I'l \i,,,;pc°t ' \'1 /,,,, A \,\ 1 1,1-11,1, 1, 1 1r.--)11 I 1\ \ )1 11 \ \ \ 20.91' 1 1 . 1 l'\‘,:\ \\\\ \ i''' 1\ 11111111111111111111111 'l II 11 \ \\I \11!11(.21°11\iii ' il 111:111111\1111\1111 1 ------=7- 'hill ;'I 111-14111-1-11 1111 -.---- ---1 \\ \\ \\ \ . \/ \ __\ \ \ 1 ..) 11!\ \8 \11:111/2.3 \ 1./7%/Llf11111)/6.-"'1111/1// 2 \I \)111:1111'1\ ijill1)11 \IIIIIIIIIIIII \1111111111111 7 IT 1114) __ _i ____-,.___ 0\4\\\,\:\66:11 \ i::1 1 \ 7-1 opl:',/i iiiii):111/ 1 1 )).) i)1 863 -862-- \-- \,_*) \\\\\ \_ °Q1-:)_i_;____::_a//1/11/v1; 111 /j/ \I.J1 i I: _ — z5'-PuEsttc J1`FLI 9SEMFtT����� _ ig I II II Irn 131' B-B I / 66' ROW (EXISTING) ---- \ 87 ' \ > N \ \ \ \ \ •-�\— = ` �_L- s/`i% \-lj� s71 men ' �:,ti / \, \, \ ��\-�\\�\\\\�\\✓ �����%/z-%_��,' $ ' � $6•$6sy5°'B8 • / \ \ \ \ \ ✓ / y//// /77 \ \ \ \ \ /\�-- /,5.1/ //' —� AV A A \ V/ A VA \\ \ —) uJ 1,1 r I / \I j \ \ \ \\ \\ 7_=�-1--+_7 b7o� /� I)I, 0/ \\iJ l ci _ �� C�� I \ /N IiII �11I��o I ,"" �L" \ I \ \ ) _I i( a V io / 66 cc roo Si 9 38'S "IV� 4 II � / / m w m ^ '� 1180.0 11 — ` N BESl/ RESS` FMENT f-QaPc E�1�Q11AND RAINA/MAINTEN �I �' /� ^°� m ro m 11 j %\ I I I 20'STORI� WERANDDRAINAGEEASEMEN_V y� �. S7g°44'50"W 37806'_ ——8619� �� I 870�1 1\ I — —+ — — — -�:BTv 89 �_ _ _ 869 I \ I \ / \ \ \ l y z / ---- -- S89°38'50"W 316.03'----=88__86T,— --�o I \ \ 1------- -- --867-- so� —`; son --sue---� 07 , —� — 20' STORM SEWER AND RAINAGE EASEMENT\ N OF NP(E0..0 \\ / / \\ \ \ C1T / PARCE�'G' � . _.,--- \ / � — 1/4-1/4 SECTION LICE e�\ 1 I I lI lI l \ \ \ \ /�t \ \ \ 4 //// // /// — — _ \\ �}\\\ \ f l m l.1 , I \ \ \ \ \man a7a_ i/ // /////// / // G� \ I 1„01111\\� \ \ \ \ \ a'e�B's � 1 \ /�// / ///,//� /// \ _ I A\ OROS� y98 1\� I �;( \\�A VAA\ \VA \ \ \ \ i c9,., �4� 1 \ V / �� // // //�/ V \ / /1_//j /� i/ i N6R-C�O202" \� \o\\\\\\\\ \ /> \86a0 \\ �///////// / /r/ri/ _667 0 v v � � s, A VAA \\\ // //// / �, A v 1`?\:1:1\.-\\--:c.\\VE::\\'?°\‘\\1\\\\:\\\\,\\ vvv1—' / �� V�v�,�r I ��'I-�1/'`/ I V V/ �l II�IIIIv o A �II�1 III I— asa — — — — A \ 1\A\\�Vvo/\ TRACT C A V ��I 1 II hII )7 �IIV A 1 V A/5.965ACRE(S) IIh1Th�'5:1I11I�A\/'11AA V( / '-- _�259829SF 1 \ 'I I I I I1 \IIIII1�11—h � /1�\VA�� V�l 111�111.1�1�1�1�/ A\ AA VA�^ / �I�IIII I �t+ I a69 LOT2\1 m�\\�\\\\\\\\ L// \ II T(I11��I�i�ti'3.362ACRE(S)\\ \� \ \\ // I I�1 I loco I lasasasF \ / m� �1vAvv�v� A� /// VAA �LIII�IT II�I1I���I \ n m c / A NV A // n I I Mil 1 1� / �I 1 wVAA\mA AA /� _.A \ \ I I col I VA A " A \�\ \\ \ I PROPOSED STORM WATER �, I I I I I I ly I la• ---- \ A VA �I ���I III �� my \ AA V A yV A MANAGEMENT BASIN I I I I I I I �Iro I I o\\ \ \III I II I I I I I� Icol`� rn o \ \\\ y\ \\ IIIIr \,,,'_ j IIII,I yIr V I o\ I A\\ I A VAAVA�\mAAA IIIII��1 IIAIIIIII� hli�h II vv I I vvvI\ \�', ����vAv����\v IV�I�II�II� ���iIIIn1, 1,�,'IIti�I'IIIII'IIII'�,;! °���Ili�� I I / I I I V A� \\AAA VVA\ 1 1 \ \co I\ \V/ I i� �\ \� ti v 1y `���v�� vy yy , I 1 l \ i v ��vv���vvvv�v \ niao=na�az^F \. , \.AAAVAA�AVAA 1` / /v I v I I I \I \ I / / LOT 3 Ost — —870- 1 \ \I 1'31' B-B �\\-C' I '66' ROW (EXISTING) BOSS\N6 ma\ \ eV 00 LAKESIDE STREET I/ Vim\\VAA Y s vv TRACT B .71 / / r A /h 1 W .88s 8 �v v v iNNNN /1 1I I I CNN ,9 N A�°N 2 / / / �1/ /I /ICI II I I \ V\\8\ \ y AA 8a7 I Acp I ao N\\� /I /I 1 X I I 1\\ 6.185 ACRE(S) / / IA I I 1! \ I /\ A I A Csl co OD -873 Lu I/ / \ i� /'\ �S�`uu �T �-/ / /\i�j// g`L • e / m r $ 0 � / 858 / J /{ / / l _ _���� No 10' PUBLIC UTILITY EASEMENT 17. Ng 7,2 / 2.9 2.3 EXISTING OU UE LEGEND BOUNDARY LOT LINE EASEMENT CENTERLINE STORM PIPE SAN. PIPE SAN. SERVICE WATER PIPE WATER SERV. COMM. LINE OVERHEAD ELEC. — Ou BURIED ELEC. —UE GAS LINE CONTOUR 1' CONTOUR 5' CURB STOP WATER VALVE HYDRANT POWER POLE STORM STRUC. INTAKE SANITARY STRUC. ROAD SIGN FO • 0 • 0 co 41 o SOUTHEAST QUADRANT z 0 0 0 PP1 .4 11/24/2021 PRELIM union UNION AT NORTH CROSSING Waterloo, IA • i • • i s RflflFW® D- W = A 111:0i 0 CC I— c t �Aft,dismoiorlatlial Page 354 of 436 THE ANNEX GROUP' About US The Annex Groupe is an Indiana based multi -family housing developer, general contractor, and owner with a portfolio of communities valued at more than $500 million, CombEningthe career experience of its entire leadership team, The Annex Group has overseen more than 'I billion in single family, multi -family, mixed -use and other commercial projects including redevelopment and ground -up construction. Our developments create community and improve quality of life. We are proud that each of our developments to date has lived up to its purpose. Chief Executive Officer President 1 -YEARS OF EXPERIENCE Chief Strategy Officer General Counsel AFFORDABLE HOUSING FOCUSED Chief Financial Officer VP of Development OVER $1 BILLION IN PROJECTS VERTICALLY INTEGRATED ATED VP of Construction UNDERSERVED MARKET FOCUSED Senior Director of Development .,. INF ■I■ AflflEK EC REP Page 355 of 436 www.theannexgrp.conn PORTFOLIO CE Union at Oak Grove Howell, MI Affordable Honing Expected Delivery: October 2023 New Construction, Ground Up Development Status: Under Construction 220 units Union at the Loop Lawrence. KS Affordable Honing Expected Delivery: October 2022 New Construction, Ground Up Development Status: Under Construction 248 unite Union at Wiley Cedar Rapids, IA Afrordabie Housing Expected Delivery: October 2022 New Construction, Ground Up development Status: Under Construction 130 units The Annex of Bozeman Bozeman. MT Workforce Housing Expected Delivery: August 2022 New Construction. Ground Up Development Status: Under Construction 134 units Union at 16th Indianapolis, IN Atrordabte +lousing Expected Delivery: December 2021 New Construction. Ground Lip Development Status: Under Construction 159 units The Annex of Memphis Memphis, TN Student Housing Delivered: August 2021 New Construction, Ground Up Development Status: Operational 85 units f 203 beds Union at Crescent Blooimngton, IN fordable Fx Sing Delivered: August 2020 New Construction. Ground Up Development Status: Operational 146 units Public Private Partnership (P3) Monroe, LA. On -Campus 3-lousing University of Louisiana at Monroe Delivered: December 2020 New Construction. Ground Up Development Status: Developed 127 units 1372 beds The Annex of Ruston Ftu ston.. LA Student housing servingsttudent5 of Lo asiana Tech University New Construction, Ground Up Development Status: Under Construction L13units1324beds Union at Washington Kokomo. IN Affordable nousirtig Delivered: July 2020 New Construction, Ground Up Development Status: Operational 51 units The Annex of Oshkosh Oshkosh. 4 I Student housing serving students of University of W iscorrsan -Oshkosh Delivered: September 2018 New Construction. Ground Up Development Status: Operational 140 units i 31. beds The Annex of Terre Haute Terre Haute. IN Student !lousing s4nring students of Indiana State University Delivered: August 2018 New Construction, Ground Up Development Status: Operational 254 units 1403 beds www.theannexgrpecom Page 356 of 436 Company Accolades AflflEx • Iridium Housing Conferen e F.aSl ?5 Ea . v Indi�rl� Cnmpnnie3 To Watch • THE ANNEX OF KOKOMO AUWAROED BEST STUDENT HOUSING COMM U N I T' AT 2017 IAA PRODIGY AWARDS IN DIANAPO LIS, ltk = the one' or Kokomo. a sts.idient housing community 11 kci-14.otik Indiana, managed by L r marl. was aoiardet i5lesr Student Ploosing Corilrmorty in Indiana by ithelndiana Apan+r,enT Associalciffi s irkA!' 2017 Prodrgy Awards THE ANNEX OF KOKOMO RECEIVED 2017 BEST OF KOKOMO AWARD KOKOMO , IN - Arir1ex 0.1 KgkdnnO #•lay, been fox the .G] 7 ft of Y.OlcOrrlo Award 19 tie 5 dLtil1 HOLLSirig Cent r GaliegOry by Rhe Kolorrpip Award Prb jrarm PATTERN M;LL PRESENTED 2017 EXCELLENCE IN AFFORDABLE HOUS- ING AWARD INDIMAPOUSL IN • Patten MILL an artoodable housrnq corrwri unity lixxed. I Cor+nts vibe, IN, was awarded 2D17 Excellence in Attorciabl.e Housing at she wawa Hiusing INDIANAPOLIS BUSINESS JOURNAL UNVEILED ANNEX STUDENT LIVING AS FASTEST GROWING COMPANY FOR 2016 I?+II IANAPJLi5, IN - Anneg.15tiuderil Luring The Indianapolis &mines .} ,rrnay arnagliCed Annex Student Loring as she EaPles1 ' ri wing Cvrnparryr n irs $a5 avdierd5 ceperncflY INDIAf APOLIS BUSINESS JOURNAL NAMED ANNEX STUDENT LIVING AS TOP 10 rAsiEST-GROWING IN D IANAPOLIS BUSINESS IN 2015 IN D A1+iAPO; l5 IN - Aivi a Stoleni LIr,1-Ig rr1aM the top [en in the IrMdia 5 I3usirsess Journal:5 anntial ranking gf Tr*€ 25 fasrot-grgwsng privam cpmpar 5 in the Indianapolis area ANNEX $f UDE NT LIVING NAMED AN i N DIANA 'COMPANIES TQ WATCH' 2015 WINNER IN DIANAPOLI S, IN - Annex Student Luernig has been nand 'Companies to Watch by the Omc it Small Business and Entrepreneurship {OSRED • • • tb RW25 fib 1.0410114 A 1 ESC r,l 1 AI DL" EIES 110 CRELH I AF1-01413.011 HOLa5.IN Q, rommur lITii AT eQ.Z1 IAA. PR ❑ICY Akr:ARO5 i'vERIULAPCk 5 I N LiftEal rr3t Oft in AIL} J4641 NNI.MTV IZrr•r•r1W+Np rh Perlirr inpr mod E No. yri1L ■swot-y UI Tiro d_nal Vibe d rbFr Fio-A^9 {fir terming./ Th r+'f 1'4- . i i 1 WIN WWI ■ I IM.r ,% I. erahu T t4 F= UST STUDENT HOLJSI•NFZ DEvELOPME!T f IRM 1'45.14f kF* . IS. - *r.olEripiLE ybpps Irerirgip •So0 r.L lnr I I . rr•i 141•11vens IJd 1. b 'Po WIN W}1LJ} weal L L law MCI Xa rrr "i dal a Tire ANI 1K Of TEROE KA41TE AWARDED SITO NT_ L14IHG COMMUHIITp AT 2019 10 ODIC,Y AWARDS ■+61.0401 'Lk i w 1 r . Wei or Torre I I.r u to. a Sraarl! Makin! COrTYMaLPtry 19 Imrni II+ji.I .r • , w.64 ri rr 1 •4+id 1 viNPIreirra 3 %ICI N r+.off+' -C#i II++S i r I • r lbw the InElori~r I!'I r' J%jr71 W ie % Lh 4.19 Frodial ,I14airdt Tr1E ANNEX ON TENT-1 AWARDCD BUT STUDENT 1-101.5164 COM F1II'1I1-i AT Ma IAA P RO NCV A w:kR D i LJ,- h..iv - itokrta OP:Irwri. Muller.I HIF•Pg • t,TI F'.ly •r rfh7+ 'I r•b irr • i r 1a9 I L,r Unerring r+ring , mon agripted B 'Strdf' ll tia-q Conrynurik IIrr Il�r •''rPAELai 411 p*+ Itir Oleg xlasofr iululyqqa I.4 .ay +...Jrg T ANN FM OF TFPrF HAvTF AwAFIOED H#5T film 1 MAR TIr4ll pRoGRAm AND 0E5r LEASE. UP CommtiNay Al 2016 1M PRODIGY dw1LIk kA R iD• w T i r+ i TO I r I I i.j rr. 'u ti1K.r Fr! Ir,rij c.rerrtrm Ir I n Trwrr r trie Ira x1L rtil' i lid{■] bi arc' ner oe C c4'n1 Mrs !'r hdlAikiury P rl- +rrb Et";1 k ria• •I V ti.a rr r i • l el'hi trr I Pr r••I lw•1I , r1 ** • . i kl 2'4! 11' Arai INDLANAPOL15 BUSINIE5S XUI1 NAL AILED THE ANNEX GROUP AS Sc tNTI I -FASTEST GROW . coi PM& -FR 2017 HD:01.4.1P01. r 151 7I I r AN' l! X CADu rk ?brt I r a bl. t rr !r~ o,,a E r•rry.r- 1 Amin Ckna.r ra E,1 E■raa5 Ca Um IN Bryn! I• ■] M aI 2S &WIWI e ertmlnEirrip T1$ ANNEX Or IOICI• IUD HD AW D lilE5TCDVEIRA.L CURB APPEAL IN IAA MOO I IlWriiief16 1:111431.4INAri.1_.N T-P t•r a dart r.•r. a rk 1406iitq MIFTTrrdrily r E�rrnru %d amb mowed wed br , 3 rt. rsr i oat a.ti■Mdea Mit Olixol Curb Approdm f w ar i 1' ! i1 r I'cpsi•rrrie1 Asacc 441 •eal •t, MAI 22'1? Pr ci ANsmikli. www.theannexgrp.com Page 357 of 436 Union at North Crossing Waterloo, IA AflflE CC GOOD SHEPHERD i4tate: 6 Waterloo, IA rg .-Sr: Specialty Care 0 Ea4China • • p fikerffp €x+.pw,xkr adrrwr nr tK. t J/7 - sw s/4 or Swim17 - TR#+f • +R:I.r, CRyinoMh r alealed Mao* darti tom& www.theannexgrp.com Page 358 of 436 Site Features 'Ff 1'o tI 6 . ' ateyrlo*o, A, • cDoriaId�s, 8 Grocery •+ NrI • '.Grass Leaves LaVI utkiera46 1rch ofiihe•Gno Cedar;%alley 6ardiiovascu a • GentE Gates ParkATM.Putilieations Store • Master Developer (North Crossing, LLC) —30 acres • Rough graded, utilities stubbed, regional detention • Annex I City Development Agreement —10.78 acres • Zoning: • R-P, Planned Residence District • R-4, Multiple Residence District • Amenity rich location: • Near Transit • Restaurants, Grocery, Recreation • Healthcare • Employment Opportunities .I. .1. ;AflflEX • ▪ -, k • r Allen College nity pint Health IMP ilum .74)11 • • IN Donald. -UnityPoint Health: 3.1 Wn ityPh1i t eltf :Al tiwifFlos 0 'NIB Rals! oiwd Lighthouse • Lake!iiide St iE W D9IP St EtDOnald. EN f ap, A44 wwwitheannexgrp,corn Page 359 of 436 Preliminary Development Concept evelopment Propo 180 Units 011- 54 lbd 72 2bd 54 3bd Rent/Income 60% AMI Construction Start Q1 2023 Market Entry Construction Completion Q1 2024 Q4 2024 -A111.1 ,1.1171-1111a.--if[711:17111 WE 3 Elevation — example only, subject to change • CL Initial test fit, subject to change www.theannexgrp.com Page 360 of 436 AfFordable Need ■ 40% of Waterloo renters paying too much for housing, study shows The Courier Arnie Rivers Dec 21, 2021, Updated Jan 26, 2022 Waterloo - Poverty and unemployment are "relatively high" in Waterloo, with 1 in 6 homeowners and 2 of 5 renters paying more than 35% of their income for housing. Many low-income residents don't make enough money at their jobs to afford a median -priced home in the city, according to a recent study. Councilor Jonathan Grieder said he read the study "a couple of times," calling the issue "incredibly important." He said the study was "eye-opening" in terms of the disparities:16.7% of homeowners and 41.2% of renters were found to be paying more than 35% of their income toward mortgage or rent. "That is a very scary number when we think about retention rates of renters," he said. "This is a gauntlet being thrown down to do something about it. ... Housing is fundamental, and everyone should be able to afford a home." Councilor Dave Boesen agreed the numbers were concerning, but worried INRCOG was using old data. Brian Schoon, who presented the report on behalf of Phillips, noted numbers would be updated as more Census Bureau data comes out. Mayor Quentin Hart said affordable housing is one of the city's 203o Vision goals and is "definitely a priority. Within the next month or two, we will be coming before you with options for plans," he said. ...Waterloo had an average of 142 new housing units permitted annually, or around o.46 % of the city's total housing stock — below the 1 % considered an "optimal" housing market. $9M awarded to local housing trust funds; more than half -million to Cedar Valley The Courier Arnie Rivers Jan ,,,,;; More than $9 million will be awarded to 27 local housing trust funds around Iowa in 2022, the largest amount allocated by the Legislature since the State Housing Trust Fund was created in 2003, according to the Iowa Finance Authority... money going to between seven and 11 different agencies, each of which will work on "decent, safe and affordable housing for Iowans," according to the Iowa Finance Authority, which notes the program has granted $93 million statewide since 2003, benefiting more than 31,000 families... "The age of the units in our region, they're older,"Schoon said. "Just keeping up homes that are aging is a challenge." The $9 million this year is expected to help around 2,10o families. IFA Executive Director Debi Durham said in a release... "This funding increase will soon make a very real impact on Iowans and our communities." A flflEi CC www.theannexgrp,com Page 361 of 436 Addifional Project Details Union at North Crossing -Anticipated Timelin IFA Application Process ER - May - August 2022 Site Plan Amendment Site I Building Permit Completion Construction Start Construction Completion Community Served May - August 2022 December - February 2023 February 2023* September 2024 +300 Residents Community Investment $32MM - $38MM Community Amenities Clubhouse Fitness Center Pet Area Playground Outdoor Picnic Area ;AflflEx • LIU In -Unit Amenities Garbage Disposal LVT Flooring Washer/Dryers Balconies *Dependent upon permit receipt and Master Developer site delivery 202 ligible Income (Min/Ma 60% AMI 1 Bedroom / 1 Bath 2 Bedroom / 2 Bath 3 Bedroom / 2 Bath $28,594 $34,286 $39,634 $35,580 $40,020 $48,060 Elevation - example only, subject to change .thea n nexgrp.com Page 362 of 436 • I . mii m • 1 • 1120 1-innnEx: W www.theannexgrp.com 1 Mission: To create a positive impact with the people who live, work, and are involved in our communities. Page 363 of 436 CITY OF WATERLOO Council Communication Sale and conveyance of City property located at 615 Glenwood Street, in the amount of $5,000.00, to Bertha Johnson, including a development agreement for the rehabilitation of the home on the property. City Council Meeting: 4/4/2022 Prepared: 3/15/2022 ATTACHMENTS: Description ❑ Development Agreement - Bertha Johnson SUBJECT: Submitted by: Recommended Action: Summary Statement: Neighborhood Impact: Data/Analysis and Strategies: Expenditure Required/Source Funds: Legal Descriptions: Type Backup Material Motion to receive and file proof of publication of notice of public hearing. HOLD HEARING - No comments on file. Motion to close hearing and receive and file oral and written comments. Resolution authorizing the sale and conveyance of city owned property located at 615 Glenwood Street, in the amount of $5,000.00 to Bertha Johnson, and authorizing the Mayor and City Clerk to execute said documents. Resolution approving a Development Agreement with Bertha Johnson for the rehabilitation of the home located at 615 Glenwood Street, and authorizing the Mayor and City Clerk to execute said document. Submitted By: Noel Anderson, Community Planning and Development Director Approval The City of Waterloo acquired the home at 615 Glenwood Street via 657A in July of 2021. Bertha Johnson would like to purchase and rehabilitate the home. Rehabilitation of the home would largely benefit the neighborhood by bringing it to livable standards and also bring investment and occupants to a home that has been empty for a number of years. Sale of Property Upon completion and final inspection of the rehabilitation, the City of of Waterloo will refund the $5,000 purchase price and provide a $5,000 incentive in accordance with the City's infill housing policy, to be paid from nuisance abatement bonds. A part of the Southeast Quarter of Section 24, Township 89 North, Range 13 West of the Fifth Principal Meridian, in the City of Waterloo, in Black Hawk County, Iowa, bounded and described as follows: Commencing at the Southwest corner of Lot 11 in Hardy & Virden's Plat, Waterloo, Iowa, (now vacated); running thence East along the South line of said Lot to the Southwesterly line of the right of way of the Illinois Central Rail Road Page 364 of 436 Company; thence Northwesterly along the Southwesterly line of said right of way to the West line of said Lot 11; thence South along the West line of said Lot 11 to the point of beginning. Page 365 of 436 Preparer: Chrigtopher S Wendland, P.O. Box 596, Waterloo, Iowa 50704 (319) 234- 5701 After recording, return to Community Planning & Development, 715 Mulberry Street, Waterloo, IA 50703. DEVELOPMENT AGREEMENT This Development Agreement (the "Agreement") is entered into as of 2022, by and between Bertha M. Johnson ("Developer"), and the City of Waterloo, Iowa ("City"). RECITALS A. Developer is willing and able to finance and rehabilitate an existing property located at 615 Glenwood Street, Waterloo, Iowa (the "Property"), legally described as set forth on Exhibit "A" attached hereto. B. City considers economic development within the City a benefit to the community and is willing for the overall good and welfare of the community to provide financial incentives so as to encourage that goal. City believes that rehabilitation of the Property is in the best interests of the City and in accordance with the public purposes and provisions of the applicable State and local laws and requirements under which the project has been undertaken and is being assisted. AGREEMENT NOW, THEREFORE, in consideration of the mutual covenants set forth herein, the parties agree as follows: 1. Sale of Property; Title. Subject to the terms hereof, City shall convey the Property to Developer for the sum of $5,000.00 (the "Purchase Price"). Conveyance shall be by quit claim deed, free and clear of all encumbrances arising by or through City except: (a) easements, servitudes, conditions and restrictions of record; (b) current and future real estate real property taxes and assessments subject to the agreements made herein; (c) general utility and right-of-way easements serving the Property; and (d) restrictions imposed by the City zoning ordinances and other applicable law. City shall have no duty to convey title to Developer until Developer delivers to City Page 366 of 436 reasonable and satisfactory proof of financial ability to undertake and carry on tne Project (defined below), which may take the form of a lending commitment letter. Developer may, at its own expense, obtain whatever form of title evidence it desires. If title is unmarketable or subject to matters not acceptable to Developer, and if City does not remedy or remove such objectionable matters in timely fashion following written notice of such objections from Developer, Developer may terminate this Agreement. City shall provide any title documents it has in its possession, including any abstracts, to assist in title review. 2, Improvements by Developer. Developer acknowledges that it has had a reasonable opportunity to inspect the Property and to conduct other due diligence related to the Project. Developer agrees to accept the Property in its "AS IS" condition, without any warranty from City, expressed or implied, as to the condition of the Property, its marketability, or its fitness for any particular purpose. Developer shall rehabilitate the existing structures on the Property for single-family residential purposes and make other improvements to the buildings and grounds (collectively, the "Improvements"). The Improvements shall be constructed in accordance with the terms of this Agreement, all applicable City, state, and federal building codes and shall comply with all applicable City ordinances and other applicable law. Attached as Exhibit "B" are Developer's specific renovation plans and estimated project budget, Developer will use its best efforts to 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 Improvements may be lawfully constructed. The Property, the Improvements, and all other work to make the project site usable for Developer's purposes as contemplated by this Agreement are collectively referred to as the "Project". 3. Timeliness of Construction; Possibility of Reverter. The parties agree that Developer's commitment to cause the Project to be undertaken and to rehabilitate the Property in a timely manner constitutes a material inducement for the City to extend the development incentives provided for in this Agreement, including but not limited to its commitment to convey the Property to Developer, and that without said commitment City would not have done so. Subject to Unavoidable Delays (defined below), Developer must obtain a building permit and begin construction of the Improvements within four (4) months from the date of that it receives title to the Property from City (the "Project Start Date"), and Substantially Complete rehabilitation within twelve (12) months after the date of this Agreement (the "Project Completion Date"). For purposes of this Agreement, "Substantially Completed" means the date on which the rehabilitation Improvements have been completed to the extent necessary for the City to issue a certificate of occupancy relating thereto. If Developer has not begun Improvements before the Project Start Date, City may terminate this Agreement as set forth in Section 13, title to the Property shall revert to City, and City shall have no further obligation hereunder. If rehabilitation has not begun by the Project Start Date but the commencement of the Project is still Page 367 of 436 imminent, the City Council may, but shall not be required to, grant an extension or the Project Completion Date. If rehabilitation work has commenced within the required period or any extended period and is stopped and/or delayed as a result of an act of God, war, civil disturbance, court order, labor dispute, fire, or other cause beyond the reasonable control of Developer (each of the foregoing is an "Unavoidable Delay"), then time lost as a result of Unavoidable Delays shall be added to extend the Project Completion Date by a number of days equal to the number of days lost as a result of Unavoidable Delays, and thereafter if the Improvements are not completed within the allowed period of extension, City may terminate this Agreement as set forth in Section 13, title to the Property shall revert to City, and City shall have no further obligation hereunder. 4. Reverter of Title, Indemnity. in the event of any reverter of title, Developer agrees that it shall, at its own expense, promptly execute all documents, including but not limited to a special warranty deed, or take such other actions as the City may reasonably request to effectuate said reverter and to deliver to City title to the Property that is free and clear of any lien, claim, charge, security interest, mortgage or encumbrance (collectively, "Liens") arising by or through Developer. Developer shall pay in full, so as to discharge or satisfy, all Liens on or against the Property. In connection with any reverter of title, Developer shall not be entitled to a refund of the Purchase Price. Appointment of Attorney in Fact: If Developer fails to deliver such documents, including but not limited to a special warranty deed, to City within thirty (30) days after written demand by City, then City shall be authorized to execute, on Developer's behalf and as its attorney -in -fact, the special warranty deed required by this Section, and for such limited purpose Developer does hereby constitute and appoint City as its attorney -in -fact. Developer further agrees that it shall indemnify City and hold it harmless with respect to any demand, claim, cause of action, damage, cost, expense, liability or injury made, suffered, or incurred as a result of or in connection with the Project, or Developer's failure to carry on or complete same, or any Lien or Liens on or against the Property of any type or nature whatsoever that attaches to the Property by virtue of Developer's ownership of same. If City files suit to enforce the terms of this Agreement and prevails in such suit, then Developer shall be liable for all legal expenses, including but not limited to reasonable attorneys' fees, incurred by City. Developer's duties of indemnity pursuant to this Section shall survive the expiration, termination or cancellation of this Agreement for any reason. 3. Deed -Back Option. if Developer determines at any time that the Project is not economically feasible, such as by discovery of unanticipated structural problems or for other reasons as determined by Developer, then upon thirty (30) days' advance written notice to City Developer may deed the Property back to City on the terms set forth in Section 4, and thereafter neither party shall have any further obligation under this Agreement except as provided in Section 4. In connection with any reconveyance of title to City, Developer shall not be entitled to a refund of the Purchase Price or to reimbursement of any Project costs incurred or expended by Developer. Page 368 of 436 6. Utilities. Developer will be responsible for obtaining or extending water, sewer, telephone, electricity, gas and other utility services to any location on the Project Site and for payment of any associated connection fees and costs of usage after the date of conveyance from City. 7. additional City Incentives. In addition to the other incentives provided by City to Developer under this Agreement, City agrees to provide the following assistance to facilitate the Project: A. Purchase Price Refund. Within thirty (30) days after Developer has Substantially Completed the improvements and has obtain final inspection on ail permits obtained for the Project, City will refund the Purchase Price to Developer. B. Rehabilitation Grant. Concurrently with refund of the Purchase Price pursuant to paragraph A above, City will make a $5,000.00 rehabilitation grant to Developer. 8. No Encumbrances; Limited Exception. Until completion of the Improvements, Developer agrees that it shall not create, incur, or suffer to exist any Liens on the Property, other than such mortgage or mortgages as may be reasonably necessary to finance Developer's completion of the Improvements and of which Developer notifies City before Developer executes any such mortgage. Developer may not mortgage the Property or any part thereof for any purpose except in connection with financing of the Improvements. 9. No Assignment or Conveyance. Developer agrees that it will not sell, convey, assign or otherwise transfer its interest in the Property prior to completion of the Project, whether in whole or in part, to any other person or entity without the prior written consent of City. Reasonable grounds for the City to withhold its consent shall include but are not limited to the inability of the proposed transferee to demonstrate to the City's satisfaction that it has the financial ability to observe all of the terms to be performed by Developer under this Agreement. 10. Representations and Warranties of City. City hereby represents and warrants as follows: A. City is not prohibited from consummating the transaction contemplated in this Agreement by any law, regulation, agreement, instrument, restriction, order or judgment= u. Each person who executes and delivers this Agreement and all documents to be delivered hereunder is and shall be authorized to do so on behalf of City.. 11. Representations and Warranties of Developer. Developer hereby represents and warrants as follows: Page 369 of 436 A. This Agreernent has been duly and validly authorized, executeu and delivered by Developer and, assuming due authorization, execution and delivery by the other parties hereto, is in full force and effect and is a valid and legally binding instrument of Developer that is enforceable in accordance with its terms, except as the same may be limited by bankruptcy, insolvency, reorganization or other laws relating to or affecting creditors' rights generally. B. The execution and delivery of this Agreement, the consummation o, the transactions contemplated hereby, and the fulfillment of or compliance with the terms and conditions of this Agreement are not prevented by, limited by, in conflict with, or result in a violation or breach of, the terms, conditions or provisions of any contractual restriction, evidence of indebtedness, agreement or instrument of whatever nature to which Developer is now a party or by which it or its property is bound, nor do they constitute a default under any of the foregoing. There are no actions, suits or proceedings pending or threatened against or affecting Developer in any court or before any arbitrator or before or by any governmental body in which there is a reasonable possibility of an adverse decision which could materially adversely affect the business (present or prospective), financial position, or results of operations of Developer or which in any manner raises any questions affecting the validity of the Agreement or Developer's ability to perform its obligations under this Agreernent. 12. Default. The following shall be "Events of Default" under this Agreement, and the term "Event of Default" shall mean any one or more of the following events that continues beyond any applicable cure periods: A. Failure by Developer to cause the rehabilitation improvements to be commenced and completed pursuant to the terms, conditions and limitations of this Agreement; B. Transfer by Developer of any interest (either directly or indirectly) ire the Improvements, the Property, or this Agreement, without the prior written consent of City; C. Failure by any party hereto to substantially observe or perform any covenant, condition, obligation or agreement on its part to be observed or performed under this Agreement; D. Any representation or warranty made by Developer in this Agreement, or made by Developer in any written statement or certificate furnished by Developer pursuant to this Agreement, shall prove to have been incorrect, incomplete or misleading in any material respect on or as of the date of the issuance or making thereof. Page 370 of 436 E. Developer (1) files any petition in bankruptcy or tor any reorganization, arrangement, composition, readjustment, liquidation, dissolution, or similar relief under the federal bankruptcy law or any similar state law; (2) makes an assignment for the benefit of its creditors; (3) admits in writing its inability to pay its debts generally as they become due; (4) is adjudicated a bankrupt or insolvent; or if a petition or answer proposing the adjudication of Developer as a 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 ninety (90) days after the filing thereof; or a receiver, trustee or liquidator of Developer, or part thereof, shall be appointed in any proceedings brought against Developer and shall not be discharged within ninety (90) days after such appointment, or if Developer shall consent to or acquiesce in such appointment; or (5) defaults under any mortgage applicable to the Property. 13. Remedies. A. Default by Developer. Whenever any Event of Default in respect of Developer occurs and is continuing, the City may terminate this Agreement. Before exercising such remedy, City shall give 30 days' written notice to Developer of the Event of Default, provided that by the conclusion of such period the Event of Default shall not have been cured, or the Event of Default cannot reasonably be cured within 30 days and Developer shall not have provided assurances reasonably satisfactory to the City that the Event of Default will be cured as soon as reasonably possible. Upon termination, City may exercise any and all remedies available at law, equity, contract or otherwise for recovery of any sums paid by City to Developer before the date of termination or to recover ownership of the Property as set forth in this Agreement B. Default by City. Whenever any Event of Default in respect ot Developer occurs and is continuing, Developer may take such action against City to require it to specifically perform its obligations hereunder. Before exercising such remedy, Developer shall give 30 days' written notice to City of the Event of Default, provided that by the conclusion of such period the Event of Default shall not have been cured, or if the Event of Default cannot reasonably be cured within 30 days and City shall not have provided assurances reasonably satisfactory to the Developer that the Event of Default will be cured as soon as reasonably possible, C. Remedies under this Agreement shall be cumulative and in addition to any other right or remedy given under this Agreement or existing at law or in equity or by statute. Waiver as to any particular default, or delay or omission in exercising any right or power accruing upon any default, shall not be construed as a waiver of any other or any subsequent default and shall riot impair any such right or power. 6 Page 371 of 436 14. indemnification. Developer hereby releases City, its elected officials, officers, employees, and agents (collectively, the "indemnified parties") from, covenants and agrees that the indemnified parties shall not be liable for, and agrees to indemnify, defend and hold harmless the indemnified parties against, any loss or damage to property or any injury to or death of any person occurring at or about the Project site or resulting from any defect in the Improvements. The indemnified parties shall not be liable for any damage or injury to the persons or property of Developer or its directors, officers, employees, contractors or agents, or any other person who may be about the Project site or the Improvements, due to any act of negligence or willful misconduct of any person, other than any act of negligence or willful misconduct on the part of any such indemnified party or its officers, employees or agents. The provisions of this Section shall survive the expiration or termination of this Agreement. 15. Materiality of Developer's Promises, Covenants, Representations, and Warranties. Each and every promise, covenant, representation, and warranty set forth in this Agreement on the part of Developer to be performed is a material term of this Agreement, and each and every such promise, covenant, representation, arid warranty constitutes a material inducement for City to enter this Agreement. Developer acknowledges that without such promises, covenants, representations, and warranties, City would not have entered this Agreement. Upon breach of any promise or covenant, or in the event of the incorrectness or falsity of any representation or warranty, City rnay, at its sole option and in addition to any other right or remedy available to it, terminate this Agreement and declare it null and void. 16. Performance by City. Developer acknowledges and agrees that the obligations of City under this Agreement shall be subject to, and performed by City in accordance with, all applicable statutory, common law or constitutional provisions and procedures consistent with City's lawful authority. All covenants, stipulations, promises, agreements and obligations of City contained in this Agreement shall be deemed to be the covenants, stipulations, promises, agreements and obligations of City and not of any governing body member, officer, employee or agent of City in the individual capacity of such Derson. 17. No Third -Party Beneficiaries. No rights or privileges of any party hereto shall inure to the benefit of any contractor, subcontractor, material supplier, or any other person or entity, and no such contractor, subcontractor, material supplier, or other person or entity shall be deemed to be a third -party beneficiary of any of the provisions of this Agreement. 18, Notices. Any notice under this Agreement shall be in writing and shall be delivered in person, by overnight air courier service, by United States registered or certified mail, postage prepaid, or by facsimile (with an additional copy delivered by one of the foregoing means), and addressed: Page 372 of 436 (a) if to City, at 715 Mulberry Street, Waterloo, Iowa 50703, fax number 319-291-4571, Attention: Mayor, with copies to the City Attorney and the Community Planning and Development Director, if to Developer, at 521 Fowler Street, Waterloo, Iowa 50703. livery of notice shall be deemed to occur (i) on the date of delivery when deiivered in person, (ii) one (1) business day following deposit for overnight delivery to an overnight air courier service which guarantees next day delivery, (iii) three (3) business clays following the date of deposit it mailed by United States registered or certified mail, postage prepaid, or (iv) when transmitted by facsimile so long as the sender obtains written electronic confirmation from the sending facsimile machine that such transmission was successful. A party may change the address for giving notice by any method set forth in this Section, 15. No Joint Venture, Nothing in this Agreement shall, or shall be deemed or construed to, create or constitute any joint venture, partnership, agency, employment, or any other relationship between the City and Developer nor to create any liability for one party with respect to the liabilities or obligations of the other party or any other person, 20. Amendment, Modification, and Waiver. No amendment, modification, or waiver of any condition, provision, or term of this Agreement shall he valid or of any effect. unless made in writing, signed by the party or parties to be bound or by the duly authorized representative of same, and specifying with particularity the extent and nature of the amendment, modification, or waiver. Any waiver by any party of any default by another party shall not affect or impair any rights arising from any subsequent default, 21. Severability; Reformation. Each provision, section, sentence, clause, phrase, and word of this Agreement is intended to be severable. If any portion of this Agreement shall be deemed invalid or unenforceable, whether in whole or in part, the offending provision or part thereof shall be deemed severed from this Agreement and the remaining provisions of this Agreement shall not be affected thereby and shall continue in full force and effect. if, for any reason, a court finds that any portion of this Agreement is invalid or unenforceable as written, but that by limiting such provision or portion thereof it would become valid and enforceable, then such provision or portion thereof shall he deemed to be written, and shall be construed and enforced, as so limited. 22. Captions. All captions, headings, or titles in the paragraphs or sections of this Agreement are inserted only as a matter of convenience and/or reference, and they shall in no way be construed as limiting, extending, or describing either the scope or intent of this Agreement or of any provisions hereof, Page 373 of 436 23. Binding Effect. This Agreement shah be binning and shah inure to the benefit of the parties and their respective successors, assigns, and legal representatives. 24. Counterparts. This Agreement may be executed in one or more counterparts, each of which shall be deemed an original and all of which, taken together, shall constitute one and the same instrument, 25. Entire Agreement. This Agreement, together with the exhibits attached hereto, constitutes the entire agreement of the parties and supersedes all prior or contemporaneous negotiations, discussions, understandings, or agreements, whether oral or written, with respect to the subject matter hereof. 26. Time of Essence. Time is of the essence of this Agreement. iN WITNESS WHEREOF, the parties have executed this Development Agreement by their duly authorized representatives as of the date first set forth above. CITY OF WATERLOO, IOWA DEVELOPER Quentin M. Hart, Mayor Bertha M. Johnsqn Attest: Kelley Felchle, City Clerk Page 374 of 436 EXHIBIT "A" Legal Description of Property, : _y z e s_,t } S e r 2 o ar s i r 9 .� 1=, g 3 \i h s r .. i:�f.:�i� �r !� �-��3Utrr�.a� � �1C�a�C C}� ,� .. tlOri f r�, IZ.t3 t'33 :3p U 1-eo?�€€�, fly -sue �:� ,3<'sT �'T ?�� :E� -�r�h Principal Meridian, in the City of Waterloo, in Black Hawk County, Iowa, bounded and described as follows: Commencing at the Southwest corner of Lot 11 in Hardy & Virden's Plat, Waterloo, Iowa, (now vacated); running thence East along the South line of said Lot to the Southwesterly line of the right of way of the Illinois Central Rail Road Company; thence Northwesterly along the Southwesterly line of said right of way to the West line of said Lot 11; thence South along the West line of said Lot 11 to the point of beginning. Page 375 of 436 EXHIBIT "B" Project Plans and Budget See attached, Page 376 of 436 CITY OF WATERLOO Council Communication Resolution approving a Professional Services Agreement with AECOM of Waterloo, Iowa, in an amount not to exceed $134,900.00, for SRF coordination and construction related services, in conjunction with the FY 2023 Phase IVA3 CIPP Lining Project, Contract No. 1063, and authorizing the Mayor to execute said document. City Council Meeting: 4/4/2022 Prepared: 3/13/2022 ATTACHMENTS: Description Type ❑ AECOM Professional Service Agreement Backup Material u Memo to Mayor and Council Backup Material SUBJECT: Submitted by: Resolution approving a Professional Services Agreement with AECOM of Waterloo, Iowa, in an amount not to exceed $134,900.00, for SRF coordination and construction related services, in conjunction with the FY 2023 Phase IVA3 CIPP Lining Project, Contract No. 1063, and authorizing the Mayor to execute said document. Submitted By: Matt Hosford, Assistant Director and Collection Systems Superintendent Expenditure Required/Source of $134,900.00 SRF/Sewer Funds Funds: Page 377 of 436 AECOM AECOM 319-232-6531 tel 501 Sycamore Street 319-232-0271 fax Suite 222 Waterloo, Iowa 50703 www.aecom.com CITY OF WATERLOO, IOWA SANITARY SEWER IMPROVEMENTS FY 2023 PHASE IVA3 CIPP LINING PROJECT DESIGN AND CONSTRUCTION -RELATED SERVICES PROFESSIONAL SERVICE AGREEMENT This Agreement is made and entered by and between AECOM Technical Services, Inc., 501 Sycamore Street, Suite 222, Waterloo, Iowa, hereinafter referred to as "ATS" and City of Waterloo, 715 Mulberry Street, Waterloo, Iowa, hereinafter referred to as "CLIENT." IN CONSIDERATION of the covenants hereinafter set forth, the parties hereto mutually agree as follows: I. SCOPE OF SERVICES ATS shall perform professional Services (the "Services") in connection with CLIENT's facilities in accordance with the Scope of Services set forth in Exhibit A attached hereto. II. ATS'S RESPONSIBILITIES ATS shall, subject to the terms and provisions of this Agreement: (a) Appoint one or more individuals who shall be authorized to act on behalf of ATS and with whom CLIENT may consult at all reasonable times, and whose instructions, requests, and decisions will be binding upon ATS as to all matters pertaining to this Agreement and the performance of the parties hereunder. (b) Use all reasonable efforts to complete the Services within the time period mutually agreed upon, except for reasons beyond its control. (c) Perform the Services in accordance with generally accepted professional engineering standards in existence at the time of performance of the Services. If during the two- year period following the completion of Services, it is shown that there is an error in the Services solely as a result of ATS's failure to meet these standards, ATS shall re - perform such substandard Services as may be necessary to remedy such error at no cost to CLIENT. Since ATS has no control over local conditions, the cost of labor and materials, or over competitive bidding and market conditions, ATS does not guarantee the accuracy of any construction cost estimates as compared to contractor's bids or the actual cost to the CLIENT. ATS makes no other warranties either express or implied and the parties' rights, liabilities, responsibilities and remedies with respect to the quality of Services, including claims alleging negligence, breach of warranty and breach of contract, shall be exclusively those set forth herein. (d) ATS shall, if requested in writing by CLIENT, for the protection of CLIENT, require from all vendors and subcontractors from which ATS procures equipment, materials or services for the project, guarantees with respect to such equipment, materials and services. All such guarantees shall be made available to CLIENT to the full extent of Page 378 of 436 AECOM Page 2 the terms thereof. ATS's liability with respect to such equipment, and materials obtained from vendors or services from subcontractors, shall be limited to procuring guarantees from such vendors or subcontractors and rendering all reasonable assistance to CLIENT for the purpose of enforcing the same. (e) ATS will be providing estimates of costs to the CLIENT covering an extended period of time. ATS does not have control over any such costs, including, but not limited to, costs of labor, material, equipment or services furnished by others or over competitive bidding, marketing or negotiating conditions, or construction contractors' methods of determining their prices. Accordingly, it is acknowledged and understood that any estimates, projections or opinions of probable project costs provided herein by ATS are estimates only, made on the basis of ATS's experience and represent ATS's reasonable judgment as a qualified professional. ATS does not guaranty that proposals, bids or actual project costs will not vary from the opinions of probable costs prepared by ATS, and the CLIENT waives any and all claims that it may have against ATS as a result of any such variance. III. CLIENT'S RESPONSIBILITIES CLIENT shall at such times as may be required for the successful and expeditious completion of the Services; (a) Provide all criteria and information as to CLIENT's requirements; obtain all necessary approvals and permits required from all governmental authorities having jurisdiction over the project; and designate a person with authority to act on CLIENT's behalf on all matters concerning the Services. (b) Furnish to ATS all existing studies, reports and other available data pertinent to the Services, and obtain additional reports, data and services as may be required for the project. ATS shall be entitled to rely upon all such information, data and the results of such other services in performing its Services hereunder. IV. INDEMNIFICATION ATS agrees to indemnify and hold harmless CLIENT from and against any and all suits, actions, damages, loss, liability or costs (including, without limitation, reasonable attorneys' fees directly related thereto) for bodily injury or death of any person or damage to third party property if and to the extent arising from the negligent errors or omissions or willful misconduct of ATS during the performance of the Services hereunder. V. INSURANCE Commencing with the performance of the Services, and continuing until the earlier of acceptance of the Services or termination of this Agreement, ATS shall maintain standard insurance policies as follows: (a) Workers' Compensation and/or all other Social Insurance in accordance with the statutory requirements of the state having jurisdiction over ATS's employees who are engaged in the Services, with Employer's Liability not less than One Hundred Thousand Dollars ($100,000) each accident; Page 379 of 436 AECOM Page 3 (b) Commercial General Bodily Injury and Property Damage Liability and Automobile liability insurance including owned, non -owned, or hired, each in a combined single limit of One Million Dollars ($1,000,000) each occurrence for bodily injury and property damage liability. This policy includes Contractual Liability coverage. ATS agrees to name CLIENT as Additional Insured on this policy, but only to the extent of ATS's negligence under this Agreement and only to the extent of the insurance limits specified herein. (c) Professional Liability Insurance with limits of $1,000,000 per claim and in the aggregate covering ATS against all sums which ATS may become legally obligated to pay on account of any professional liability arising out of the performance of this Agreement. ATS agrees to provide CLIENT with certificates of insurance evidencing the above -described coverage prior to the start of Services hereunder and annually thereafter if required. ATS shall provide prompt notice to the CLIENT in the event of cancellation, material change, or non -renewal per standard ISO Acord Form wording and the policy provisions. VI. COMPENSATION AND TERMS OF PAYMENT Compensation for the services shall be on an hourly basis in accordance with the hourly fees and other direct expenses in effect at the time the services are performed. Total compensation is a not -to -exceed fee of One Hundred Thirty -Four Thousand Nine Hundred Dollars ($134,900.00). ATS may bill the Client monthly for services completed at the time of billing. CLIENT agrees to pay ATS the full amount of such invoice within thirty (30) days after receipt thereof. In the event CLIENT disputes any invoice item, CLIENT shall give ATS written notice of such disputed item within ten (10) days after receipt of invoice and shall pay to ATS the undisputed portion of the invoice according to the provisions hereof. CLIENT agrees to abide by any applicable statutory prompt pay provisions currently in effect. VII. TERMINATION CLIENT may, with or without cause, terminate the Services at any time upon fourteen (14) days written notice to ATS. The obligation to provide further Services under this Agreement may be terminated by either party upon fourteen (14) days' written notice in the event of substantial failure by the other party to perform in accordance with the terms hereof through no fault of the terminating party, providing such defaulting party has not cured such failure, or, in the event of a non -monetary default, commenced reasonable actions to cure such failure. In either case, ATS will be paid for all expenses incurred and Services rendered to the date of the termination in accordance with compensation terms of Article VI. VIII. OWNERSHIP OF DOCUMENTS (a) Sealed original drawings, specifications, final project specific calculations and other instruments of service which ATS prepares and delivers to CLIENT pursuant to this Agreement shall become the property of CLIENT when ATS has been compensated for Services rendered. CLIENT shall have the right to use such instruments of service solely for the purpose of the construction, operation and maintenance of the Facilities. Any other use or reuse of original or altered files shall be at CLIENT's sole risk without liability or legal exposure to ATS and CLIENT agrees to release, defend Page 380 of 436 AECOM Page 4 and hold ATS harmless from and against all claims or suits asserted against ATS in the event such documents are used for a purpose different than originally prepared even though such claims or suits may be based on allegations of negligence by ATS. Nothing contained in this paragraph shall be construed as limiting or depriving ATS of its rights to use its basic knowledge and skills to design or carry out other projects or work for itself or others, whether or not such other projects or work are similar to the work to be performed pursuant to this Agreement. (b) Any files delivered in electronic medium may not work on systems and software different than those with which they were originally produced and ATS makes no warranty as to the compatibility of these files with any other system or software. Because of the potential degradation of electronic medium over time, in the event of a conflict between the sealed original drawings and the electronic files, the sealed drawings will govern. IX. MEANS AND METHODS (a) ATS shall not have control or charge of and shall not be responsible for construction means, methods, techniques, sequences or procedures, or for safety measures and programs including enforcement of Federal and State safety requirements, in connection with construction work performed by CLIENT's construction contractors. Nor shall ATS be responsible for the supervision of CLIENT's construction contractors, subcontractors or of any of their employees, agents and representatives of such contractors; or for inspecting machinery, construction equipment and tools used and employed by contractors and subcontractors on CLIENT's construction projects and shall not have the right to stop or reject work without the thorough evaluation and approval of the CLIENT. In no event shall ATS be liable for the acts or omissions of CLIENT's construction contractors, subcontractors or any persons or entities performing any of the construction work, or for the failure of any of them to carry out construction work under contracts with CLIENT. (b) In order that ATS may be fully protected against such third -party claims, CLIENT agrees to obtain and maintain for the benefit of ATS the same indemnities and insurance benefits obtained for the protection of the CLIENT from any contractor or subcontractor working on the project and shall obtain from that contractor/subcontractor insurance certificates evidencing ATS as an additional named insured. X. INDEPENDENT CONTRACTOR ATS shall be an independent contractor with respect to the Services to be performed hereunder. Neither ATS nor its subcontractors, nor the employees of either, shall be deemed to be the servants, employees, or agents of CLIENT. XI. PRE-EXISTING CONDITIONS Anything herein to the contrary notwithstanding, title to, ownership of, legal responsibility and liability for any and all pre-existing contamination shall at all times remain with CLIENT. "Pre- existing contamination" is any hazardous or toxic substance present at the site or sites concerned which was not brought onto such site or sites by ATS. CLIENT agrees to release, defend, indemnify and hold ATS harmless from and against any and all liability which may in Page 381 of 436 AECOM Page 5 any manner arise in any way directly or indirectly caused by such pre-existing contamination except if such liability arises from ATS's sole negligence or willful misconduct. CLIENT shall, at CLIENT's sole expense and risk, arrange for handling, storage, transportation, treatment and delivery for disposal of pre-existing contamination. CLIENT shall be solely responsible for obtaining a disposal site for such material. CLIENT shall look to the disposal facility and/or transporter for any responsibility or liability arising from improper disposal or transportation of such waste. ATS shall not have or exert any control over CLIENT in CLIENT's obligations or responsibilities as a generator in the storage, transportation, treatment or disposal of any pre-existing contamination. CLIENT shall complete and execute any governmentally required forms relating to regulated activities including, but not limited to generation, storage, handling, treatment, transportation, or disposal of pre-existing contamination. In the event that ATS executes or completes any governmentally required forms relating to regulated activities including but not limited to storage, generation, treatment, transportation, handling or disposal of hazardous or toxic materials, ATS shall be and be deemed to have acted as CLIENT's agent. For ATS's services requiring drilling, boring, excavation or soils sampling, CLIENT shall approve selection of the contractors to perform such services, all site locations, and provide ATS with all necessary information regarding the presence of underground hazards, utilities, structures and conditions at the site. XII. LIMITATION OF LIABILITY CLIENT agrees that ATS's liability for the act, error or omission in its performance of services under this Agreement shall in no event exceed the amount of the total compensation received by ATS. It is intended by the parties to this Agreement that ATS's services in connection with the project anticipated herein shall not subject ATS's individual employees, officers, or directors to any personal legal exposure for the risks associated with this project. XIII. DISPUTE RESOLUTION If a dispute arises out of, or relates to, the breach of this Agreement and if the dispute cannot be settled through negotiation, then ATS and the CLIENT agree to submit the dispute to mediation. In the event ATS or the CLIENT desires to mediate any dispute, that party shall notify the other party in writing of the dispute desired to be mediated. If the parties are unable to resolve their differences within 10 days of the receipt of such notice, such dispute shall be submitted for mediation in accordance with the procedures and rules of the American Arbitration Association (or any successor organization) then in effect. The deadline for submitting the dispute to mediation can be changed if the parties mutually agree in writing to extend the time between receipt of notice and submission to mediation. The expenses of the mediator shall be shared 50 percent by ATS and 50 percent by the CLIENT. This requirement to seek mediation shall be a condition required before filing an action at law or in equity. However, prior to or during the negotiations or the mediation either party may initiate litigation that would otherwise be barred by a statute of limitations, and ATS may pursue any property liens or other rights it may have to obtain security for the payment of its invoices. XIV. MISCELLANEOUS (a) This Agreement constitutes the entire agreement between the parties hereto and supersedes any oral or written representations, understandings, proposals, or communications heretofore entered into by or on account of the parties and may not Page 382 of 436 AECOM Page 6 be changed, modified, or amended except in writing signed by the parties hereto. In the event of any conflict between this contract document and any of the exhibits hereto, the terms and provisions of this contract document shall control. In the event of any conflict among the exhibits, the exhibit of the latest date shall control. (b) This Agreement shall be governed by the laws of the State of Iowa. (c) ATS may subcontract any portion of the Services to a subcontractor approved by CLIENT. In no case shall CLIENT's approval of any subcontract relieve ATS of any of its obligations under this Agreement. (d) In no event shall either party be liable to the other for indirect or consequential damages, including, but not limited to, loss of use, loss of profit or interruption of business, whether arising in contract, tort (including negligence), statute, or strict liability. (e) In the event CLIENT uses a purchase order form to administer this Agreement, the use of such form shall be for convenience purposes only, and any typed provision in conflict with the terms of this Agreement and all preprinted terms and conditions contained in or on such forms shall be deemed stricken and null and void. (f) This Agreement gives no rights or benefits to anyone other than CLIENT and ATS and does not create any third -party beneficiaries to the Agreement. IN WITNESS WHEREOF, the parties hereto have executed this agreement on the day and year written below. APPROVED FOR CITY OF WATERLOO APPROVED FOR AECOM By: By: Printed Name: Title: Date: iste61 Quentin Hart Printed Name: Douglas W. Schindel, P.E Mayor Title: Associate Vice President Date: March 14, 2022 Page 383 of 436 CITY OF WATERLOO, IOWA SANITARY SEWER IMPROVEMENTS FY 2023 PHASE IVA3 CIPP LINING PROJECT DESIGN AND CONSTRUCTION -RELATED SERVICES EXHIBIT A I. Project Description This project consists of the Design, SRF Coordination, Bidding and Construction -Related Services of CIPP Phase IVA3 in SRF Service Area 19. II. Scope of Services The Scope of Services will encompass and include services, materials, equipment, personnel and supplies necessary to provide design and construction -related services for the project defined above. The Scope of Services is further defined by the following tasks: Design Services Task 1 - Kickoff Meeting. Conduct a project kickoff meeting with WPCF staff to review the project objectives and goals. Task 2 - CIPP Design. ATS will use the existing condition assessment information to design the CIPP work in SA 19 south of Rachael Street and Ravenwood Drive. The estimated construction cost for this work is approximately $930,000.00. Task 3 - Construction Plans and Project Manual. ATS will produce plans and project manual necessary to receive competitive bids to construct the project. Task 4 - Iowa DNR Wastewater Construction Permit Application. ATS will prepare an Iowa DNR Wastewater Construction Permit Application for the project. Task 5 - Estimate of Probable Costs. ATS will prepare an estimate of probable costs based on the contract documents. Task 6 - Distribution of Bid Documents. ATS will use QuestCDN to advertise and post the construction documents for Phase IVA3. ATS will send the advertisement for bids to the contractors that have previously acquired plans for Phases I, II, III, IVA and IVA2. Task 7 - Respond to Bidders Questions. Respond to questions that bidders may have regarding the project. Prepare addenda as needed for project. Task 8 - Attend Bid Opening. Attend bid opening, review bids, prepare bid tabulation and make recommendation to the City. Task 9 - Administration and Meetings. ATS will administer and coordinate project activities and liaise between the WPCF staff, ATS and regulatory agencies. Two meetings are anticipated with the WPCF staff specific to this project. Page 384 of 436 Task 10 - SRF Coordination. Prepare and Submit Post -Bid and Closeout SRF documents for Phase IVA3. • Post -Bid Documents including Bid Tabulation, Bid Recommendation, Notice of Award, Contractor SRF Bid Documents, Bonds, Insurance, Construction Contract and Notice to Proceed • Closeout Documents including Davis -Bacon Compliance Report, American Iron and Steel Self Certification, MBE-WBE Utilization and Certificate of Completion Construction -Related Services Task 11 - Construction -Related Services, Phase IVA3. The following tasks will be completed as part of the construction -related services during construction of the project: • Conduct a preconstruction conference attended by representatives of the Contractor, Client and affected utilities. • Review shop drawings and other submittals, as required of the Contractor by the contract documents, for conformance with the design concept of the project and compliance with the information given in the contract documents. • Answer design questions from the Client, Contractor, field staff and appropriate agencies. • Prepare monthly applications for payment based on information provided by field staff and Contractor and forward to the Client for execution with a recommendation for approval and payment. • Perform construction site visits by design personnel at appropriate stages of construction to review the quality of the work and to determine whether the work conforms to the contract documents. • Prepare and assist the Client and Contractor in processing contract change orders. • Provide periodic field observation during construction to review the work of the Contractor to determine if the work is proceeding and conforming in accordance with the contract documents. Staffing requirements may be adjusted during the project in relation to the level of construction activity. • Consider and evaluate Contractor's suggestions for modifications and report them with recommendations to the Client. • Participate in a review of the project with the Client and field staff near completion and prepare a list of items to be completed or corrected. • Participate in a field review of the completed project with the Client and field staff before a final application for payment is processed for the Contractor. • Maintain files for correspondence, reports of the job conferences, shop drawings and sample submissions, reproductions of original contract documents including addenda, change orders, field modifications, additional drawings issued subsequent to the execution of the contract, engineering clarifications and interpretations of the contract documents, progress reports and other project -related documents. Page 385 of 436 • Provide the Client with a copy of record drawings for the project based on the construction records of the field staff and the Contractor showing those changes made during construction considered significant. • Assist the Client with the final close-out documentation from the Contractor. L:\Secure_DCS\Administration\AGREE\PROF\WAT FY23 Ph IVA3 CIPP Design and CRS.doc Page 386 of 436 CITY OF WATERLOO, IOWA WASTE MANAGEMENT SERVICES DEPARTMENT 3505 Easton Ave. • Waterloo, IA 50703 • Phone (319) 291-4553 Date: March 14, 2022 To: Waterloo Mayor and City Council From: Matthew Hosford, P.E., Collection Systems Superintendent Re: Resolution Approving Professional Services Agreement with AECOM Technical Services, Inc., for Pipelining Phase IVA3 (Contract No. 1063) Background Discussion The Cured -in -Place (CIP) Pipelining Project Phase IVA3 is the annual continuation of the City's sanitary sewer lining and manhole rehabilitation program. This project addresses target areas identified as part of the Sanitary Sewer Master Plan which require repair and is a requirement of the consent decree. Specifically portions of Service Area 19 are included. The project includes cleaning, root removal, televising, CIP pipelining, lateral grouting, and manhole rehabilitation. AECOM will prepare the plans, specifications, and engineer's estimate of costs. This project is part of the approved Capital Improvements Program and is funded from the sewer fund through the State Revolving Fund (SRF) program. Recommended Action It is recommended that the City Council support the resolution to approve the Professional Services Agreement with AECOM in the amount of $134,900.00 Page 387 of 436 CITY OF WATERLOO Council Communication Resolution approving Amendment No. 1 to an Agreement with Stand Associates Inc., of Madison Wisconsin, originally executed April 17, 2019, to amend the Scope of Services and completion date, in conjunction with the Biogas Utilization Modifications Preliminary Design Project, and authorizing the Mayor to execute said document. City Council Meeting: 4/4/2022 Prepared: 3/17/2022 ATTACHMENTS: Description ❑ Memo to Mayor and Council ❑ Strand Amendment No. 1 ❑ Strand Associates Biogas Contract SUBJECT: Submitted by: Recommended Action: Type Backup Material Cover Memo Backup Material Resolution approving Amendment No. 1 to an Agreement with Stand Associates Inc., of Madison Wisconsin, originally executed April 17, 2019, to amend the Scope of Services and completion date, in conjunction with the Biogas Utilization Modifications Preliminary Design Project, and authorizing the Mayor to execute said document. Submitted By: Brian Bowman,Treatment Operations Supervisor Approve Amendment # 1 to Strand agreement for Biogas Utilization Modifications Preliminary Design. Page 388 of 436 Mayor QUENTIN HART COUNCIL MEMBERS JOHN CHILES Ward 1 JONATHAN GRIEDER Ward 2 NIA WILDER Ward 3 JEROME AMOS, JR. Ward 4 VACANT Ward 5 ROB NICHOLS At -Large DAVE BOESEN At -Large CITY OF WATERLOO, IOWA Waste Management Services 3505 Easton Ave. • Waterloo, IA 50702 • Phone (319) 291-4553 • Fax (319) 291-4523 March 17, 2022 Memo to Waterloo Mayor and Council RE: Amendment No. 1 to the April 17, 2019 Agreement for General Services for Biogas Utilization Modifications Preliminary Design Background Discussion: Amendment No.1 to the General Services, dated April 17, 2019, for the above -referenced project between the City and Strand Associates, Inc. is needed due to a change in the scope of services to be rendered to the City. Due to market conditions, previous endeavors for the City to construct the appropriate infrastructure to capture and condition the biogas into a pipeline quality natural gas were not fiscally feasible. Favorable markets conditions and interest from 3rd parties to partner with the City have led to a renewed interest. In order to proceed, however, additional study and data collection are needed prior to soliciting proposals from potential 3rd parties. Recommended Action: It is recommended approval of Amendment No. 1 to the April 17, 2019 Agreement for General Services for Biogas Utilization Modifications Preliminary Design. WE'RE WORKING FOR YOU! An Equal Opportunity/Affirmative Action Employer Page 389 of 436 heAl STRAND ASSOCIATES Strand Associates, Inc: March 10, 2022 City of Waterloo 715 Mulberry Street Waterloo, IA 50703 Attention: Mr. Brian M. Bowman, Treatment Operations Supervisor Re: Amendment No. 1 to the April 17. 2019, Agreement for General Services Biogas Utilization Modifications Preliminary Design This is Amendment No. 1 to the referenced Agreement. Under Scope of Services, REPLACE item No. 3 in its entirety with the following: "3. Prepare a preliminary engineering report that summarizes the anticipated facilities and projects to incorporate pipeline quality renewable natural gas production at the wastewater treatment plant and at the lagoon, as appropriate. The report will include a summary of available biogas data, preliminary site layout sketches. opinions of project cost, and opinions of potential revenue. Submit the draft report to OWNER for review." Under Schedule, CHANGE August 31, 2019, to "October 31, 2022." IN WITNESS WHEREOF the parties hereto have made and executed this Amendment. ENGINEER: STRAND ASSOCIATES, INC.1 OWNER: CITY OF WATERLOO �1 z Jo h . Bunker 'Date Quentin M. Hart Date Mayor Corporate Secretary FLAW ppp',ltM41)DocumrnisAgricrn ni,W11mvlaa,finofllAliiiagasLohzaponModPrclum ign:014AgrAmd-1400061duc, Page 390 of 436 eAl STRAND ASSOCIATES Strand Associates, Inc: March 10, 2022 City of Waterloo 715 Mulberry Street Waterloo, IA 50703 Attention: Mr. Brian M. Bowman, Treatment Operations Supervisor Re: Amendment No. 1 to the April 17, 2019. Agreement for General Services Biogas Utilization Modifications Preliminary Design This is Amendment No. 1 to the referenced Agreement. Under Scope of Services, REPLACE item No. 3 in its entirety with the following: "3. Prepare a preliminary engineering report that summarizes the anticipated facilities and projects to incorporate pipeline quality renewable natural gas production at the wastewater treatment plant and at the lagoon, as appropriate. The report will include a summary of available biogas data, preliminary site layout sketches. opinions of project cost, and opinions of potential revenue. Submit the draft report to OWNER for review." Under Schedule, CHANGE August 31, 2019, to "October 3 I, 2022." IN WITNESS WHEREOF the parties hereto have made and executed this Amendment. ENGINEER: STRAND ASSOCIATES, INC.* JosM. Bunker D.te Corporate Secretary OWNER: CITY OF WATERLOO Quentin M. Hart Mayor RAW pppiRMAD Doam,iL AJeemenuW14anion, Ct).afflAAHigfast'ehwa6onModl4dimDesf{,, 010 Agr Amd44b3006Idm Date Page 391 of 436 STRAND ASSOCIATES' Excellence in Engineering Since 1946 DATE: 3/15/22 Transmittal Letter COMPANY NAME: Waterloo Waste Management Services Strand Associates, Inc.® 910 West Wingra Drive Madison, WI 53715 (P) 608.251.4843 www.strand.com PROJECT NO, 4463.006 ATTENTION: Brian Bowman ADDRESS: 3505 Easton Avenue CITY/STATE/ZIP: Waterloo, IA 50702 RE: RNG Amendment WE ARE SENDING YOU: ® Change Order 0 Copy of Letter El Other ❑ Drawings ❑ Enclosed ❑ Samples ❑ Shop Drawings ❑ Specifications 111 Under Separate Cover Copies Date No. Description 2 3/2022 1 Amend #1 to the original contract ITEMS TRANSMITTED AS SHOWN: ® For approval ® For your use As requested El For review and comment El Other REMARKS: ❑ Approved as submitted ❑ Approved as noted ❑ Approved as noted —Resubmit ❑ Not Approved El Resubmit copies for approval ❑ Submit copies for distribution ❑ Additional Information Required ® For signature Brian - please return one fully executed copy for our files. Thank you! Copy to: File S rofed MgnrPgeemenls5rans anaidl 031522 door Arizona I Illinois j Indiana Iowa 1 Kentucky Ohio I Tennessee I Texas Page Wisconsin isc i Of 436 STRAND ASSOC{ATE6' Strand Associates, inc April 17, 2019 City of Waterloo 715 Mulberry Street Waterloo, IA 50703 Attention: Mr. Steve Hoambrecker, P.E. Re: Agreement for General Services Biogas Utilization Modifications Preliminary Design This is an Agreement between the City of Waterloo, Iowa, hereinafter referred to as OWNER, and Strand Associates, Inc.®, hereinafter referred to as ENGINEER, to provide engineering services (Services) for the Biogas Utilization Modifications Preliminary Design project. This Agreement shall be in accordance with the following elements. Scope of Services ENGINEER will provide the following Services to OWNER. 1. Attend a kickoff meeting with OWNER to discuss the following: a. Project scope, budget, and schedule b. Previous biogas studies prepared by ENGINEER c. Changes in future conditions from previous biogas studies d. Changes in biogas market conditions from previous biogas studies 2. Review previous ENGINEER -prepared biogas studies and update technological evaluations, opinions of probable capital and operations and maintenance costs for lagoon and wastewater treatment facility biogas utilization upgrades, and other applicable items. 3. Prepare approximately 10 to 15 percent design documents of potential upgrades to condition biogas to pipeline quality natural gas, including preliminary site drawings, equipment proposals, and opinions of probable construction cost in spreadsheet format. Submit draft documents for OWNER for review. 4. Attend one meeting with OWNER to review the draft documents. 5. Attend one City Council meeting to present the draft documents. Service Elements Not Included The following services are not included in this Agreement. If such services are required, they will be provided as noted. 1. Additional Site Visits and/or Meetings: Additional OWNER -required site visits or meetings will be provided through an amendment to this Agreement or through a separate agreement with OWNER. RAW:gjc\R.\MAD\Documents\Ageements\W\Waterloo, City of(IA)\SiogasUtilizationModPrelimDesign. 2019 \ Ag6.4463.006.docx Arizona I an, Indiana Ke .? a ky CIylo www.strand.com Page 393 of 436 cit City of Waterloo Page 2 April 17, 2019 2. Bidding- and Construction -Related Services: Bidding- and construction -related services for the project will require a separate agreement with OWNER. 3. Drawings and Specifications: Final design services including drawings and specifications, if provided by ENGINEER, will be provided through an amendment to this Agreement or through a separate agreement with OWNER. 4. Geotechnical Engineering: Geotechnical engineering information will be required and provided through OWNER and OWNER's geotechnical consultant. ENGINEER will assist OWNER with defining initial scope of geotechnical information that is required to allow OWNER to procure geotechnical engineering services. 5. Preparation for and/or Appearance in Litigation on Behalf of OWNER: This type of service by ENGINEER will be provided through a separate agreement with OWNER. 6. Revising Designs, Drawings, Specifications, and Documents: Any services required after these items have been previously approved by state or federal regulatory agencies, because of a change in project scope or where such revisions are necessary to comply with changed state and federal regulations that are put in force after Services have been partially completed, will be provided through an amendment to this Agreement. 7. Services Related to Buried Wastes and Contamination: Should buried solid, liquid, or potentially hazardous wastes or subsurface or soil contamination be uncovered at the site, follow-up investigations may be required to identify the nature and extent of such wastes or subsurface soil or groundwater contamination and to determine appropriate methods for managing of such wastes or contamination and for follow-up monitoring. Investigation, design, or construction -related services related to buried solid, liquid, or potentially hazardous wastes or soil or groundwater contamination will be provided through a separate agreement with OWNER. Compensation OWNER shall compensate ENGINEER for Services a lump sum of $80,000. Only sales taxes or other taxes on Services that are in effect at the time this Agreement is executed are included in the Compensation. If the tax laws are subsequently changed by legislation during the life of this Agreement, this Agreement will be adjusted to reflect the net change. The lump sum for the Services is based on wage scale/hourly billing rates, adjusted annually on July 1, that anticipates the Services will be completed as indicated. Should the completion time be extended, it may be cause for an adjustment in the lump sum that reflects any wage scale adjustments made. The lump sum will not be exceeded without prior notice to and agreement by OWNER but may be adjusted for time delays, time extensions, amendments, or changes in the Scope of Services. Any adjustments will be negotiated based on ENGINEER's increase or decrease in costs caused by delays, extensions, amendments, or changes. Schedule Services will begin upon execution of this Agreement, which is anticipated the week of April 22, 2019. Services are scheduled for completion on August 31, 2019. RAW: gjc\R:\MAD\Documents\Agreements\W\Waterloo, City of(IA)\niogasUtilizationModPrelimDesign.2019\Agr\4463.006.docx www.strand.com Page 394 of 436 City of Waterloo Page 3 April 17, 2019 Standard of Care The Standard of Care for all Services performed or furnished by ENGINEER under this Agreement will be the care and skill ordinarily used by members of ENGINEER's profession practicing under similar circumstances at the same time and in the same locality. ENGINEER makes no warranties, express or implied, under this Agreement or otherwise, in connection with ENGINEER's Services. OWNER's Responsibilities 1. Assist ENGINEER by placing at ENGINEER's disposal all available information pertinent to this project including previous reports, previous drawings and specifications, and any other data relative to the scope of this project. 2. Furnish to ENGINEER, as required by ENGINEER for performance of Services as part of this Agreement, data prepared by or services of others obtained or prepared by OWNER relative to the scope of this project, such as soil borings, probings and subsurface explorations, and laboratory tests and inspections of samples, all of which ENGINEER may rely upon in performing Services under this Agreement. 3. Provide access to the site as required for ENGINEER to perform Services under this Agreement. 4. Guarantee access to and make all provisions for ENGINEER to enter upon public and private lands as required for ENGINEER to perform Services under this Agreement. 5. Examine all reports, sketches, estimates, special provisions, drawings, and other documents presented by ENGINEER and render, in writing, decisions pertaining thereto within a reasonable time so as not to delay the performance of ENGINEER. 6. Provide all legal services as may be required for the development of this project. 7. Retain the services of a soils consultant to provide any necessary geotechnical evaluation and recommendations. 8. Pay all permit and plan review fees payable to regulatory agencies. Opinion of Probable Cost Any opinions of probable cost prepared by ENGINEER are supplied for general guidance of OWNER only. ENGINEER has no control over competitive bidding or market conditions and cannot guarantee the accuracy of such opinions as compared to contract bids or actual costs to OWNER. Changes 1. OWNER may make changes within the general scope of this Agreement in the Services to be performed. If such changes cause an increase or decrease in ENGINEER's cost or time required for performance of any Services under this Agreement, an equitable adjustment will be made and this Agreement will be modified in writing accordingly. 2. No services for which additional compensation will be charged by ENGINEER will be furnished without the written authorization of OWNER. The fee established herein will not be exceeded without agreement by OWNER but may be adjusted for time delays, time extensions, amendments, or changes in the Scope of Services. RAW:gjc\R:\MAD\Documents\Agreements \W\Waterloo, City of(IA)\BiogasUtilizationModPrelimDesign2019\Agr\4463 006.docx www.strand.com Page 395 of 436 City of Waterloo Page 4 April 17, 2019 3. If there is a modification of Iowa Department of Natural Resources requirements relating to the Services to be performed under this Agreement subsequent to the date of execution of this Agreement, the increased or decreased cost of performance of the Services provided for in this Agreement will be reflected in an appropriate modification of this Agreement. Extension of Services This Agreement may be extended for additional Services upon OWNER's authorization. Extension of Services will be provided for a lump sum or an hourly rate plus expenses. Payment OWNER shall make monthly payments to ENGINEER for Services performed in the preceding month based upon monthly invoices. Nonpayment 30 days after the date of receipt of invoice may, at ENGINEER's option, result in assessment of a 1 percent per month carrying charge on the unpaid balance. Nonpayment 45 days after the date of receipt of invoice may, at ENGINEER's option, result in suspension of Services upon five calendar days' notice to OWNER. ENGINEER will have no liability to OWNER, and OWNER agrees to make no claim for any delay or damage as a result of such suspension caused by any breach of this Agreement by OWNER. Upon receipt of payment in full of all outstanding sums due from OWNER, or curing of such other breach which caused ENGINEER to suspend Services, ENGINEER will resume Services and there will be an equitable adjustment to the remaining project schedule and compensation as a result of the suspension. Data Provided by Others ENGINEER is not responsible for the quality or accuracy of data nor for the methods used in the acquisition or development of any such data where such data is provided by or through OWNER, contractor, or others to ENGINEER and where ENGINEER's Services are to be based upon such data. Such data includes, but is not limited to, soil borings, groundwater data, chemical analyses, geotechnical testing, reports, calculations, designs, drawings, specifications, record drawings, contractor's marked -up drawings, and topographical surveys. Termination This Agreement may be terminated with cause in whole or in part in writing by either party subject to a two -week notice and the right of the party being terminated to meet and discuss the termination before the termination takes place. ENGINEER will be paid for all completed or obligated Services up to the date of termination. Third -Party Beneficiaries Nothing contained in this Agreement creates a contractual relationship with or a cause of action in favor of a third party against either OWNER or ENGINEER. ENGINEER' s Services under this Agreement are being performed solely for OWNER's benefit, and no other party or entity shall have any claim against ENGINEER because of this Agreement or the performance or nonperformance of Services hereunder. OWNER and ENGINEER agree to require a similar provision in all contracts with contractors, subcontractors, subconsultants, vendors, and other entities involved in this project to carry out the intent of this provision. RAW:gjc\R:\MAD\Documents\Agreements \W\Waterloo, City of(IA)\BiogasUtilizationModPrelimDesign.2019\Agr\4463 006.docx Nww.strand.com Page 396 of 436 City of Waterloo Page 5 April 17, 2019 Dispute Resolution Except as may be otherwise provided in this Agreement, all claims, counterclaims, disputes, and other matters in question between OWNER and ENGINEER arising out of or relating to this Agreement or the breach thereof will be decided first by mediation, if the parties mutually agree, or with a bench trial in a court of competent jurisdiction within the State of Iowa. Terms and Conditions The terms and conditions of this Agreement will apply to the Services defined in the Scope of Services. OWNER -supplied purchase order is for processing payment only; terms and conditions on the purchase order shall not apply to these Services. IN WITNESS WHEREOF the parties hereto have made and executed this Agreement. ENGINEER: OWNER: STRAND ASSOCIATES, INC.® CITY OF WATERLOO �? .. 5L/7 /i ti L td c Jo ph M. Bunker Corporate Secretary Date Quentin M. Hart Mayor RAW'.gjc\R:\MAD\Documents\Agreements \W\W aterloo, City of(IA)\BiogasUtilizationModPrelimDesign.2019Wgr\4463.006.docx 131, `l Date www.strand.com Page 397 of 436 CITY OF WATERLOO Council Communication Resolution approving Amendment No. 1 to a Professional Services Agreement with Clapsaddle-Garber Associates, Inc., of Cedar Falls, Iowa, originally approved January 19, 2021, in an amount not to exceed $54,000.00, for construction related services, in conjunction with the FY 2021 Leversee Road Lift Station Project, Contract No. 983, and authorizing the Mayor to execute said document. City Council Meeting: 4/4/2022 Prepared: 3/23/2022 ATTACHMENTS: Description Type ❑ Cont 983_CGA P SA Backup Material SUBJECT: Submitted by: Recommended Action: Summary Statement: Implementation, Accountability, and Communication: Resolution approving Amendment No. 1 to a Professional Services Agreement with Clapsaddle-Garber Associates, Inc., of Cedar Falls, Iowa, originally approved January 19, 2021, in an amount not to exceed $54,000.00, for construction related services, in conjunction with the FY 2021 Leversee Road Lift Station Project, Contract No. 983, and authorizing the Mayor to execute said document. Submitted By: Matt Schindel, Associate Engineer Approve Supplemental Agreement This supplemental agreement is to provide additional construction related services in order to complete the construction of the lift station. Expenditure Required/Source of The cost for this supplemental agreement will come from Liquidated Funds: Damages charged to the contractor for being beyond the completion date for the project. Page 398 of 436 Date: January 5, 2021 Client: City of Waterloo 715 Mulberry Street Waterloo, IA 50703 CGA ENGINEERS • LAND SURVEYORS Construction Phase Services Proposal for Waterloo Airport Industrial Park FY 2020 Leversee Road Lift Station City Contract No 983 Waterloo, Iowa Dear Mr. Knutson: Thank you for your continued consideration of CGA for your professional engineering and surveying needs. The following proposal is for Construction Related Services for the FY 2020 Leversee Road Lift Station City Contract No 983 project: Scope of Services Construction Phase Services CGA shall provide construction administration, surveying, observation and testing services for the construction phase of the project. The fee for Construction Phase Services is developed in part on the anticipated duration of the construction and approximately 15 hours per week on average of construction observation by an engineering technician and approximately 15 hours per week construction administration, observation, site visits, meetings and shop drawing reviews by an engineer, as well as approximations for the staking and testing services specific to the project. This portion of the services includes services during construction and are further defined to include the following tasks: A. Preconstruction Conference Preparation and Attendance B. Submittals Review C. Contractor Review D. Record Keeping E. Trench/Backfill Compaction Testing F. Collecting As -Constructed Utility Information G. On -site Construction Observation by a Field Representative (Note: The field representative is not authorized to issue instructions contrary to the plans and specifications, or to act as foreman for the project contractor, however, shall have the authority to reject work or materials until any questions at issue can be referred to and be decided by representatives of the City.) H. SWPPP Inspections I. Construction Survey J. Preparation and Recommendation of Monthly Pay Estimates K. Preparation of Change Orders, as necessary L. Provide periodic updates to City of Waterloo M. Meetings i. Meetings, both on -site and remote as needed, by the primary Engineer of Record. www.cgaconsultants.com CGA Page •1 Page 399 of 436 ii. Fourteen (14) on -site trips by the Mechanical/Electrical Engineer of Record shall be included in this proposal for the following: 1. Pre -construction meeting 2. Project kick-off meeting with Automatic Systems Company (ASC), the contractor, and the City to review the control system implementation plan, schedule and benchmarks. 3. Building site layout validation review 4. Underground conduit installation inspection 5. Generator installation, startup and commissioning 6. Generator load transfer and final operation testing 7. Interior building electrical systems installation layout review 8. Pump control system installation including floats, level controls, flow meter, cabling, etc. 9. Pump control system operational testing 10. SCADA system: review of latest pump station and plant control with ASC and the City; observation of initial system installation; and review of final system installation 11. Initial system inspection of completed project (create "punch list") 12. Final system inspection and approvals by the City. iii. Additional on -site meetings by the Mechanical/Electrical Engineer of Record shall be considered Additional Services. N. Perform Final Walk Through of Construction O. Project Close -Out P. Certification of Project Completion. Note: This certification will be prepared based on our observance of construction and, to the best of our abilities, determine the Contractor's compliance with the Contract Documents and deem unacceptable such work and material which do not comply with the specifications and plans. This clause shall not be construed to mean that the Engineer is guaranteeing the work of the Contractor. Q. Preparation of Digital and Paper As -Constructed Drawings. Fee The fee for the Scope of Services described above shall be as follows: Task Fee Type Task 1— Construction Phase Services for FY 2020 Leversee Road Lift Station City Contract No 983 $108,000 Not to Exceed Not to Exceed: The fee presented is the maximum amount to be invoiced for this phase. The task will be invoiced on a time and expense basis, per the hourly rate schedule and fees current at the time the service is performed. Schedule The schedule for the completion of the tasks presented shall be as follows: Tasks 1— Construction Phase Services: To be performed during construction Approximate construction length to be used as a basis of this agreement is approximately 27 Weeks, from anticipated start date of 12/21/2020 to the scheduled completion date of 7/1/2021. Due to winter work conditions, CGA does not expect the contractor to be working full time throughout this period, but has included it in the fee budget as a best approximation. www.cgaconsultants.com CGA Page • 2 Page 400 of 436 Please note that unless included in the Scope of Services any other items that may be needed for the completion of this project are not included. Standard Terms and Conditions PARTIES "ENGINEER" shall mean Clapsaddle-Garber Associates, Inc. "CLIENT" shall mean the person or entity executing this Agreement with "ENGINEER." STANDARD OF CARE Services provided by ENGINEER under this Agreement will be performed in a manner consistent with that degree of care and skill ordinarily exercised by members of the same profession currently practicing under similar circumstances on projects of similar size, complexity, and geographic location as that of the Project. ENGINEER PROVIDES NO WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED, WITH RESPECT TO ITS SERVICES. RIGHT OF ENTRY The CLIENT shall provide for complete and continuous access to the Project site in order for ENGINEER to timely perform its services and shall provide for entry for the employees, agents and subcontractors of ENGINEER and for all necessary equipment. While ENGINEER shall take reasonable precautions to minimize any damage to property, it is understood by the CLIENT that in the normal course of the project some damages may occur, the cost of correction of which is not a part of this Agreement. PAYMENT Unless otherwise provided herein, invoices will be prepared in accordance with ENGINEER's standard invoicing practices then in effect and will be submitted to CLIENT each month and at the completion of the work on the project. Invoices are due and payable upon receipt by the CLIENT. If the CLIENT does not make payment within thirty (30) days after the date the invoice was mailed to the CLIENT, then the amount(s) due ENGINEER shall bear interest due from the date of mailing at the lesser interest rate of 1.5% per month compounded or the maximum interest rate allowed by law. In the event that ENGINEER files or takes any action , or incurs any costs, for the collection of amounts due it from CLIENT, then ENGINEER shall be entitled to recover its entire cost for attorney fees and other collection expenses related to the collection of amounts due it under this Agreement. Any failure to comply with this term shall be grounds for a default termination. TERMINATION Either party may terminate this Agreement for convenience or for default by providing written notice to the other party. If the termination is for default, the non -terminating party may cure the default before the effective date of the termination and the termination for default will not be effective. The termination for convenience and for default, if the default is not cured, shall be effective seven (7) days after receipt of written notice by the non -terminating party. In the event that this Agreement is terminated for the convenience of either party or terminated by ENGINEER for the default of the CLIENT, then ENGINEER shall be paid for services performed to the termination effective date, including reimbursable expenses due, and termination expenses attributable to the termination. In the event the CLIENT terminates the Agreement for the default of ENGINEER and ENGINEER does not cure the default, then ENGINEER shall be paid for services performed to the termination notice date, including reimbursable expenses due, but shall not be paid for services performed after the termination notice date and shall not be paid termination expenses. Termination expenses shall include expenses reasonably incurred by ENGINEER in connection with the orderly termination of the Agreement or services, including, but not limited to, demobilization, reassignment of personnel, termination of subcontractors, subconsultants and other agents whose services were retained for the Project, associated overhead costs, lost profits, and all other expenses directly resulting from the termination. INFORMATION PROVIDED BY OTHERS ENGINEER shall indicate to the CLIENT the information needed for rendering of services hereunder. The CLIENT shall provide to ENGINEER such information, including electronic media, as is available to the CLIENT and the CLIENT's consultants and contractors. CLIENT hereby warrants the accuracy and completeness of the information provided by CLIENT to ENGINEER, and ENGINEER shall be entitled to rely upon the accuracy and completeness thereof. The CLIENT recognizes that it is difficult for ENGINEER to assure the accuracy, completeness and sufficiency of such CLIENT -furnished information, either because it is provided by others, or because of errors or omissions which may have occurred in assembling the information the CLIENT is providing. Accordingly, the CLIENT agrees, to the fullest extent permitted by law, to indemnify and hold ENGINEER Group harmless from and against any and all claims, liabilities, losses, costs and expenses (including, without limitation, reasonable attorneys' fees, experts' fees and any other legal costs), or any other costs, expenses or damages of any nature whatsoever (including, without limitation, damages to property, injuries or death to persons, fines, penalties) arising or allegedly arising from errors, omissions or inaccuracies in documents or other information provided by the CLIENT. UNDERGROUND UTILITIES Information for location of underground utilities may come from the CLIENT, third parties, and/or research performed by ENGINEER or its subcontractors. ENGINEER will use the standard of care defined in this Agreement in providing this service. The information that ENGINEER must rely on from various utilities and other records may be inaccurate or incomplete. Therefore, the CLIENT agrees, to the fullest extent permitted by law, to indemnify and hold harmless ENGINEER Group for any and all claims, liabilities, losses, costs and expenses (including, www.cgaconsultants.com CGA Page • 3 Page 401 of 436 without limitation, reasonable attorneys' fees, experts' fees and any other legal costs), or any other costs, expense or damages of any nature whatsoever arising out of the location of underground utilities provided or any information related to underground utilities provided to or by ENGINEER under this Agreement. CONTRACTOR MATTERS CLIENT agrees that ENGINEER shall not be responsible for the acts or omissions of the contractor or contractors, and their respective affiliated companies, officers, directors, equityholders, employees, agents, subcontractors, suppliers, or other persons or entities responsible for performing work on the Project (collectively, the "Contractor Group") that is not in conformance with the construction Contract Documents, if any, prepared by ENGINEER under this Agreement. ENGINEER shall not have responsibility for means, methods, techniques, sequences, and progress of construction of the Contractor Group. In addition, CLIENT agrees that ENGINEER is not responsible for safety at the project site and that safety during construction is for the CLIENT to address in the contract between the CLIENT and contractor. The ENGINEER shall not supervise, direct or have control over the Contractor's work, not have any responsibility for the Contractor's safety precautions or programs in connection with the Work. These rights and responsibilities are solely those of the Contractor in accordance with the Contract Documents. The ENGINEER shall not be responsible for any acts or omissions of the Contractor, subcontractor, any entity performing any portions of the Work, or any agents or employees of any of them. The ENGINEER does not guarantee the performance of the Contractor and shall not be responsible for the Contractor's failure to perform its Work in accordance with the Contract Documents or any applicable laws, codes, rules or regulations. JOBSITE SAFETY Neither the professional activities of the ENGINEER/Surveyor, nor the presence of the ENGINEER's/Surveyor's employees and subconsultants at a construction site, shall relieve the General Contractor and any other entity of their obligations, duties and responsibilities, including, but not limited to, construction means, methods, sequences, techniques, or procedures necessary for performing, superintending, or coordinating all portions of the work of construction in accordance with the Contract Documents and any health or safety precautions required by any regulatory agencies. The ENGINEER's/Surveyor's personnel have no authority to exercise any control over any construction contractor or other entity or their employees in connection with their work or any health or safety precautions. The Owner agrees that the General Contractor is solely responsible for jobsite safety. SHOP DRAWING REVIEW If, as part of this Agreement ENGINEER reviews and approves contractor submittals, such as shop drawings, product data, samples and other data, as required by ENGINEER, these reviews and approvals shall be only for the limited purpose of checking for conformance with the design concept and the information expressed in the contract documents. This review shall not include review of the accuracy or completeness of details, such as quantities, dimensions, weights or gauges, fabrication processes, construction means or methods, coordination of the work with other trades or construction safety precautions, all of which are the sole responsibility of the contractor. ENGINEER's review shall be conducted with reasonable promptness while allowing sufficient time in ENGINEER's judgment to permit adequate review. Review of a specific item shall not indicate that Engineer has reviewed the entire assembly of which the item is a component. Engineer shall not be responsible for any deviations from the contract documents not brought to the attention of Engineer in writing by the contractor. Engineer shall not be required to review partial submissions or those for which submissions of correlated items have not been received. OPINIONS OF PROBABLE COST If, as part of this Agreement ENGINEER is providing opinions of probable construction cost, the CLIENT understands that ENGINEER has no control over costs or the price of labor, equipment or materials, or over the contractor's method of pricing, and that ENGINEER's opinions of probable construction costs are to be made on the basis of ENGINEER's qualifications and experience. ENGINEER makes no warranty, expressed or implied, as to the accuracy of such opinions as compared to bid or actual costs. CONSTRUCTION OBSERVATION If, as part of this Agreement ENGINEER is providing construction observation services, ENGINEER shall visit the project at appropriate intervals during construction to become generally familiar with the progress and quality of the contractors' work and to determine if the work is proceeding in general accordance with the Contract Documents. Unless otherwise specified in the Agreement, the CLIENT has not retained ENGINEER to make detailed inspections or to provide exhaustive or continuous project review and observation services. ENGINEER does not guarantee the performance of, and CLIENT hereby agrees that ENGINEER shall have no responsibility for, the acts or omissions of the Contractor Group or any other person or entity furnishing materials or performing any work on the Project (other than ENGINEER and its subconsultants). ENGINEER shall advise the CLIENT if ENGINEER observes that the contractor is not performing in general conformance of Contract Documents. CLIENT shall determine if work of contractor should be stopped to resolve any problems. If the Owner desires more extensive project observation or fulltime project representation, the Owner shall request that such services be provided by the ENGINEER as Additional Services in accordance with the terms of this Agreement. OTHER SERVICES The CLIENT may direct ENGINEER to provide other services including, but not limited to, any additional services identified in ENGINEER's proposal. If ENGINEER agrees to provide these services, then the schedule shall be reasonably adjusted to allow ENGINEER to provide these services. Compensation for such services shall be at ENGINEER's Standard Hourly Fee Schedule in effect at the time the work is performed unless there is a written Amendment To Agreement that contains an alternative compensation provision. OWNERSHIP & REUSE OF INSTRUMENTS OF SERVICE www.cgaconsultants.com CGA Page • 4 Page 402 of 436 All drawings, reports, plans, specifications, field data and notes and other documents, including all documents on electronic media, prepared by ENGINEER as instruments of service (the "ENGINEER Deliverables") shall remain the property of ENGINEER and ENGINEER shall retain title in the ENGINEER Deliverables. ENGINEER grants to CLIENT a limited non-exclusive license to use the ENGINEER Deliverables for the construction and operation of the Project (the "Specified Purpose"). All other uses of the ENGINEER Deliverables by CLIENT Group are prohibited, including, without limitation, reuse of the ENGINEER Deliverables, use of the ENGINEER Deliverables for the expansion or modification of the Project, or for use on other projects. Except in connection with a Specified Purpose and then only to those persons or entities necessary, CLIENT shall not disclose, market or distribute ENGINEER Deliverables to third parties. The CLIENT agrees, to the fullest extent permitted by law, to defend, indemnify and hold ENGINEER Group harmless from any and all claims, liabilities, losses, costs and expenses (including, without limitation, reasonable attorneys' fees, experts' fees and any other legal costs), or any other costs, expenses or damages of any nature whatsoever arising out of, resulting from or in any way related to the use by CLIENT or any other person or entity of any ENGINEER Deliverable for any purpose other than the Specified Purpose. CERTIFICATE OF MERIT The Owner shall make no claim (whether directly, in the form of a third -party claim, or for indemnity) against the ENGINEER unless the Owner shall have first provided the ENGINEER with a written certification executed by an independent ENGINEER/Surveyor licensed in Iowa to practice in the same discipline as the ENGINEER/Surveyor specifying those acts or omissions which the certifier contends constitutes a violation of the standard of care expected of an ENGINEER/Surveyor performing professional services under similar circumstances and upon which the claim will be premised. Such certification shall be provided to the ENGINEER/Surveyor thirty (30) days prior to the presentation of, and shall be a precondition to any such claim or the institution of, any arbitration or judicial proceeding. DISPUTE RESOLUTION If a dispute arises between ENGINEER and CLIENT, the executives of the parties having authority to resolve the dispute shall meet within thirty (30) days of the notification of the dispute to resolve the dispute. If the dispute is not resolved within such thirty (30) day time period, CLIENT and ENGINEER agree to submit to non -binding mediation prior to the commencement of any litigation. Any costs incurred directly for a mediator, shall be shared equally between the parties involved in the mediation. EXCUSABLE EVENTS ENGINEER shall not be responsible for any event or circumstance that is beyond the reasonable control of ENGINEER that has a demonstrable and adverse effect on ENGINEER's ability to perform its obligations under this Agreement or ENGINEER's cost and expense of performing its obligations under this Agreement (an "Excusable Event"). When an Excusable Event occurs, the CLIENT agrees Engineer is not responsible for damages, nor shall ENGINEER be deemed to be in default of this Agreement, and ENGINEER shall be entitled to a change order to equitably adjust for ENGINEER's increased time and/or cost to perform its services due to the Excusable Event. LIMITATION OF LIABILITY; WAIVER OF CONSEQUENTIAL DAMAGES In recognition of the relative risks and benefits of the Project to both CLIENT and ENGINEER, the risks have been allocated such that CLIENT agrees, to the fullest extent of the law, to limit the liability of Engineer and its officers, directors, equityholders, employees, agents, subconsultants, and affiliated companies (collectively, the "ENGINEER Group") to the CLIENT and any person or entity claiming by or through the CLIENT, for any and all claims, damages, liabilities, losses, costs and expenses (including, without limitation, reasonable attorneys' fees, experts' fees and any other legal costs), or any other cost, expense or damage of any nature whatsoever resulting in any way related to the Project or Agreement from any cause or causes to an amount that shall not exceed the compensation received by ENGINEER under the agreement or fifty thousand dollars ($50,000), whichever is greater. The parties intend that this limitation of liability apply to any and all liability or cause of action, claim, theory of recovery, or remedy however alleged or arising, including negligence for professional acts, errors or omissions, strict liability, breach of contract, expressed or implied warranty, contribution, expressed indemnity, implied contractual indemnity, equitable indemnity, tort and all other claims. Except for the limitation of liability above, the CLIENT waives any claim or cause of action against the ENGINEER Group arising from or in connection with the performance of services for the Project or this Agreement. The ENGINEER Group shall not be liable to the CLIENT for consequential, special, exemplary, punitive, indirect or incidental losses or damages, including loss of use, loss of product, cost of capital, loss of goodwill, lost revenues or loss of profit, interruption of business, down time costs, loss of data, cost of cover, or governmental penalties or fines and CLIENT hereby releases the ENGINEER Group from any such liability. INDEMNIFICATION Subject to the limitation of liability above, ENGINEER agrees to the fullest extent permitted by law, to indemnify and hold harmless the CLIENT against all claims, damages, liabilities, losses or costs, including reasonable attorneys' fees and defense costs, or costs of any nature whatsoever to the extent caused by ENGINEER's negligent performance of service under this Agreement and that of its officers, directors, equityholders, and employees. The CLIENT agrees to the fullest extent permitted by law, to indemnify and hold harmless ENGINEER Group against all claims, damages, liabilities, losses, costs and expenses (including, without limitation, reasonable attorneys' fees, experts' fees and any other legal costs), or any other cost, expense or damage of any nature whatsoever to the extent caused by the acts or omissions of CLIENT and its affiliated companies, officers, directors, equityholders, employees, agents, contractors, subcontractors, engineers, designers, and consultants (other than ENGINEER) (collectively, the "CLIENT Group") in connection with this Project. www.cgaconsultants.com CGA Page • 5 Page 403 of 436 ASSIGNMENT Neither party to this Agreement shall transfer, sublet or assign any rights or delegate any duties under or interest in this Agreement (including but not limited to monies that are due or monies that may be due) without the prior written consent of the other party. Any such assignment or delegation not in accordance with the terms of this Agreement shall be null and void. SEVERABILITY, SURVIVAL AND WAIVER Any provision of this Agreement later held to be unenforceable for any reason shall be deemed void, and all remaining provisions shall continue in full force and effect. All obligations arising prior to the termination of this Agreement and all provisions of this Agreement allocating responsibility or liability between the CLIENT and ENGINEER shall survive the completion of the services hereunder and the termination of this Agreement. The failure of a party to insist upon strict compliance of any term hereof shall not constitute a waiver by that party of its rights to insist upon strict compliance at a subsequent date. GOVERNING LAW; JURISDICTION AND VENUE This Agreement and all matters arising under or in connection with this Agreement shall be governed by, construed and interpreted pursuant to the laws in the state of the locale of ENGINEER's address written in this Agreement without regard to conflicts of law principles. In any suit relating to this Agreement, CLIENT and EJNGINEER unconditionally and voluntarily consent to be subject to the exclusive jurisdiction of the state or federal courts sitting in Iowa and hereby waive any objections to venue lying therein. Each of the parties hereby consents to service of process anywhere in the world. EQUAL EMPLOYMENT OPPORTUNITY It is the policy of ENGINEER to provide equal employment opportunities for all. ENGINEER will not discriminate against any employee or applicant because of race, color, religion, sex, marital status, national origin, age, ancestry, veteran status, physical or mental handicap, unless related to performance of the job with or without accommodation. COMPLETE AGREEMENT This Agreement constitutes the entire and integrated agreement between the CLIENT and ENGINEER and supersedes all prior or contemporaneous negotiations, representations and agreements, whether oral or written. If the CLIENT issues a Purchase Order of which this Agreement becomes a part, the terms of this Agreement shall take precedence in the event of a conflict of terms. Any amendments, changes or alterations to this Agreement shall only be binding if reduced to writing and signed by both parties. SIGNATURES This Agreement may be executed in several counterparts, each of which when executed shall be deemed to be an original, but all together shall constitute but one and the same agreement. Original, facsimile, or electronic signatures by the parties are deemed acceptable for binding the parties to the Agreement. NOTICES All formal notices requests, demands, and other communications required under this Agreement shall be in writing and shall be hand delivered to the party or mailed by overnight registered or certified mail, postage prepaid, return receipt requested, to the address of the respective party set forth in this Agreement and to the attention of the respective person signing this Agreement on behalf of the party. The date of hand delivery or the date of mailing in accordance with the foregoing sentence shall be deemed to be the date of delivery of any such notice. Professional Services Agreement If you are in agreement with the proposal presented, please authorize the execution of this proposal as the Professional Services Agreement in the indicated position below. Please retain one copy for your files and return the other to this office. Electronic submittals are also acceptable. Please let me know if you have any questions. Please contact me at 641-752-6701, or adaters@cgaconsultants.com if you have any questions. Sincerely, CLAPSADDLE-GARBER ASSOCIATES, INC. a 6C fug 4Zr?i4z- Adam Daters, PE Matt Garber, PE/PLS Senior Project Manager President/CEO www.cgaconsultants.com CGA Page •6 Page 404 of 436 Professional Services Agreement Authorization Authorized By: Date: Title: www.cgaconsultants.com CGA Page • 7 Page 405 of 436 CITY OF WATERLOO Council Communication Resolution approving an Easement with MidAmerican Energy in conjunction with the construction of a roundabout at the intersection of East Shaulis Road and Hess Road and authorizing the Mayor and City Clerk to execute the same. City Council Meeting: 4/4/2022 Prepared: 3/24/2022 ATTACHMENTS: Description Type ❑ MidAmerican golf course Easement Cover Memo SUBJECT: Resolution approving an Easement with MidAmerican Energy in conjunction with the construction of a roundabout at the intersection of East Shaulis Road and Hess Road and authorizing the Mayor and City Clerk to execute the same. Submitted by: Submitted By: Martin Petersen, City Attorney Page 406 of 436 Prepared by and return to: Tyler Gartenberg 515-281-2334 MIDAMERICAN ENERGY ATTN: RIGHT-OF-WAY SERVICES PO BOX 657 DES MOINES, IA 50306-0657 MIDAMERICAN ENERGY COMPANY UNDERGROUND ELECTRIC EASEMENT Folder No. 108345-22 Work Req. No. DR2927811X Project No. D5A4X State of Iowa County of Black Hawk Section 14 Township 88 North Range 13 West of the 5th P.M. 1. For and in consideration of the sum of One and no/100---Dollar ($1.00), and other valuable consideration, in hand paid by MIDAMERICAN ENERGY COMPANY, an Iowa corporation, receipt of which is hereby acknowledged, the undersigned owner(s) City of Waterloo, as successor to the Waterloo Board of Park Commissioners, its successors and assigns ("Grantor"), does hereby grant to MIDAMERICAN ENERGY COMPANY, its successors and assigns ("Grantee"), a perpetual, non-exclusive easement to construct, reconstruct, operate, maintain, replace or remove underground conduits, wires and cables for the transmission and distribution of electric energy and for communication and electrical controls, including other reasonably necessary equipment incident thereto (collectively "Facilities") under and on the surface of the ground, through and across certain property described below, together with the right of ingress and egress to and from the same, and all the rights and privileges incident and necessary to the enjoyment of this easement ("Easement Area"). DESCRIPTION OF PROPERTY CONTAINING EASEMENT AREA: The Northeast Quarter of Section No. Fourteen (14), Township No. Eighty-eight (88) North, Range No. Thirteen (13) West of the Fifth (5th) Principal Meridian in Black Hawk County, Iowa, subject to legal highways and excepting the following described premises: Commencing at a point on the Easterly line of said Section Six Hundred Forty-five (645) feet South of the Northeasterly corner thereof; thence South along said East line a distance of Six Hundred Seventy-five (675) feet; thence Westerly parallel to the North line of said Section a distance of Seven Hundred Seventy-four and Four -tenths feet (774.4); thence North parallel to the said East line a distance of Six Hundred Seventy-five (675) feet; thence Easterly parallel to the Northerly line of said Section a distance of Seven Hundred Seventy-four and Four -tenths (774.4) feet to the point of beginning. EASEMENT AREA: An underground electric easement described as follows: Beginning at the northeast corner of the above described property, thence west along said north property line a distance of one thousand (1,000) feet, thence due south ten (10) feet, thence east parallel to the north property line a distance of one thousand (1,000) feet, thence north along the Page 407 of 436 east property line ten (10) feet to the point of beginning. 2. Additionally, Grantee shall have the right to remove from the Easement Area described above, any obstructions, including but not limited to, trees, plants, undergrowth, buildings, fences and structures that interfere with the proper operation and maintenance of said Facilities and equipment. 3. Grantor agrees that it will not construct or place any permanent or temporary buildings, structures, fences, trees, plants or other objects on the Easement Area described above or make any changes in ground elevation without written permission from Grantee indicating that said construction or ground elevation changes will not result in inadequate or excessive ground cover, or otherwise interfere with the Grantee's rights to operate and maintain its Facilities. 4. In consideration of such grant, Grantee agrees that it will repair or pay for any damage which may be caused to crops, fences, or other property, real or personal of the Grantor by the construction, reconstruction, maintenance, operation, replacement or removal of the Facilities (except for damage to property placed subsequent to the granting of this easement) that Grantee determines interferes with the operation and maintenance of the Facilities and associated equipment. The cutting, recutting, trimming and removal of trees, branches, saplings, brush or other vegetation on or adjacent to the Easement Area is expected and not considered damage to the Grantor. 5. Additionally, when Grantor provides or installs duct/conduit for said Facilities, this grant shall cover and include all Facilities installed as a part of the Easement Area. 6. Grantor certifies that it is not acting, directly or indirectly, for or on behalf of any person, group, entity or nation named by any Executive Order or the United States Treasury Department as a terrorist, "Specially Designated National and Blocked Person" or any other banned or blocked person, entity, nation or transaction pursuant to any law, order, rule or regulation that is enforced or administered by the Office of Foreign Assets Control; and are not engaged in this transaction, directly or indirectly, on behalf of, any such person, group, entity or nation. Grantor hereby agrees to defend, indemnify and hold harmless the Grantee from and against any and all claims, damages, losses, risks, liabilities and expenses (including attorney's fees and costs) arising from or related to any breach of the foregoing certification. 7. Each of the provisions of this easement shall be enforceable independently of any other provision of this easement and independent of any other claim or cause of action. In the event of any matter of dispute arising out of or related to this easement, it is agreed between the parties that the law of the jurisdiction and location where this easement is recorded (including statute of limitation provisions) will govern the interpretation, validity and effect of this easement without regard to the place of execution or place of performance thereof, or any conflicts of law provisions. TO THE FULLEST EXTENT PERMITTED BY LAW, EACH OF THE PARTIES HERETO WAIVES ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS EASEMENT. EACH PARTY FURTHER WAIVES ANY RIGHT TO CONSOLIDATE ANY ACTION IN WHICH A JURY TRIAL HAS BEEN WAIVED WITH ANY OTHER ACTION IN WHICH A JURY TRIAL CANNOT BE OR HAS NOT BEEN WAIVED. 8. Grantor hereby relinquishes all rights of dower, homestead and distributive share in and to the property and waives all rights of exemption as to any of the property. Grantor understands that homestead property is in many cases protected from the claims of creditors and exempt from judicial sale; and that by signing this easement, voluntarily gives up any right to this protection for this property with respect to claims based upon this easement. 9. Grantor warrants to Grantee that Grantor holds title to the Easement Area in fee simple and Grantor has good and lawful authority to grant the rights provided in this easement. Page 408 of 436 Dated this day of , 20_ City of Waterloo, as successor to the Waterloo Board of Park Commissioners By: Its: Print: ACKNOWLEDGMENT STATE OF ) ) ss COUNTY OF This record was acknowledged before me on , 20, by as of the City of Waterloo, as successor to the Waterloo Board of Park Commissioners. Signature of Notary Public Page 409 of 436 EXHIBIT "A" Legend Hammond Avenue - Subject Property Line & ROW - 10 Foot Wide Easement Area E. Shaulis Road x r cn 0 Q E. Shaulis Road 1,000' ----------------------- ...................................................................... ...................................................................... ...................................................................... ...................................................................... .................................................................. MIDAMERICAN ENERGY COMPANY Customer: Waterloo Board of Park Commissioners Folder No. 108345-22 Address: 1830 E Shaulis Road Scale: Not to Scale Date: 3/23/2022 City: Waterloo State: Iowa Sec 14, T 88, R 13 Nt Job Desc: Underground Electric Easement Paac 410 of 436 CITY OF WATERLOO Council Communication Resolution authorizing the issuance of not to exceed $3,500,000.00 General Obligation Bond Series 2022, and levying a tax for the payment thereof. City Council Meeting: 4/4/2022 Prepared: 3/31/2022 ATTACHMENTS: Description Type ❑ Resolution to Issue Bonds Backup Material SUBJECT: Submitted by: Recommended Action: Resolution authorizing the issuance of not to exceed $3,500,000.00 General Obligation Bond Series 2022, and levying a tax for the payment thereof. Submitted By: Michelle Weidner, Chief Financial Officer This resolution is required for the bond issue scheduled to be sold this spring. Page 411 of 436 ITEMS TO INCLUDE ON AGENDA CITY OF WATERLOO, IOWA General Obligation Bonds, Series 2022 • Resolution authorizing the issuance and levying a tax for the payment thereof. NOTICE MUST BE GIVEN PURSUANT TO IOWA CODE CHAPTER 21 AND THE LOCAL RULES OF THE CITY. Page 412 of 436 April 4, 2022 The City Council of the City of Waterloo, State of Iowa, met in the Council Chambers, City Hall, 715 Mulberry Street, Waterloo, Iowa, in session, at .M., on the above date. There were present Mayor Quentin Hart, in the chair, and the following named Council Members: Absent: Vacant: Page 413 of 436 Council Member introduced the following Resolution entitled "RESOLUTION AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATION BONDS, SERIES 2022, AND LEVYING A TAX FOR THE PAYMENT THEREOF", and moved that the same be adopted. Council Member seconded the motion to adopt. The roll was called and the vote was, AYES: NAYS: Whereupon, the Mayor declared the Resolution duly adopted as follows: RESOLUTION AUTHORIZING THE ISSUANCE OFGENERAL OBLIGATION BONDS, SERIES 2022, AND LEVYING A TAX FOR THE PAYMENT THEREOF WHEREAS, the City of Waterloo, State of Iowa ("Issuer"), is a municipal corporation, organized and existing under the Constitution and laws of the State of Iowa, and is not affected by any special legislation; and WHEREAS, the Issuer is in need of funds to pay costs of aiding in the planning, undertaking and carrying out of urban renewal projects under the authority of Chapter 403 and the Urban Renewal Plan for the Downtown Waterloo Urban Renewal and Redevelopment Area, such as those costs associated with the improvement, reconstruction, equipping and repair of the Waterloo Convention Center and surrounding plaza and pedestrian area; and WHEREAS, the City Council has taken such acts as are necessary to authorize issuance of the Bonds. NOW, THEREFORE, IT IS RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, STATE OF IOWA: Section 1. Authorization of the Issuance. General Obligation Bonds, Series 2022 shall be issued pursuant to the provisions of Iowa Code Section 384.25 for the purposes covered by the hearing. Section 2. Levy of Annual Tax. For the purpose of providing funds to pay the principal and interest as required under Chapter 76.2, there is levied for each future year the following direct annual tax upon all the taxable property in the City of Waterloo, State of Iowa, to wit: -2 Page 414 of 436 FISCAL YEAR (JULY 1 TO JUNE 30) AMOUNT YEAR OF COLLECTION $900,000 2022/2023 Principal and interest coming due at any time when the proceeds of the tax on hand are insufficient to pay the amount due shall be promptly paid when due from current funds available for that purpose and reimbursement must be made. Section 3. Amendment of Levy of Annual Tax. Based upon the terms of the future sale of the Bonds to be issued, this Council will file an amendment to this Resolution ("Amended Resolution") with the County Auditor. Section 4. Filing. A certified copy of this Resolution shall be filed with the County Auditor of County of Black Hawk, State of Iowa, who shall, pursuant to Iowa Code Section 76.2, levy, assess and collect the tax in the same manner as other taxes and, when collected, these taxes shall be used only for the purpose of paying principal and interest on the Bonds. PASSED AND APPROVED this 4th day of April, 2022. ATTEST: Kelley Felchle, City Clerk Quentin Hart, Mayor -3 Page 415 of 436 STATE OF IOWA COUNTY OF BLACK HAWK CERTIFICATE ) ) SS ) I, the undersigned City Clerk of the City of Waterloo, State of Iowa, do hereby certify that attached is a true and complete copy of the portion of the records of the City showing proceedings of the Council, and the same is a true and complete copy of the action taken by the Council with respect to the matter at the meeting held on the date indicated in the attachment, which proceedings remain in full force and effect, and have not been amended or rescinded in any way; that meeting and all action thereat was duly and publicly held in accordance with a notice of meeting and tentative agenda, a copy of which was timely served on each member of the Council and posted on a bulletin board or other prominent place easily accessible to the public and clearly designated for that purpose at the principal office of the Council pursuant to the local rules of the Council and the provisions of Chapter 21, Code of Iowa, upon reasonable advance notice to the public and media at least twenty-four hours prior to the commencement of the meeting as required by law and with members of the public present in attendance; I further certify that the individuals named therein were on the date thereof duly and lawfully possessed of their respective City offices as indicated therein, that no Council vacancy existed except as may be stated in the proceedings, and that no controversy or litigation is pending, prayed or threatened involving the incorporation, organization, existence or boundaries of the City or the right of the individuals named therein as officers to their respective positions. WITNESS my hand and the seal of the Council hereto affixed this day of , 2022. (SEAL) Kelley Felchle, City Clerk, City of Waterloo, State of Iowa Page 416 of 436 COUNTY AUDITOR'S CERTIFICATE I, , County Auditor of Black Hawk County, State of Iowa, hereby certify that on the day of , 2022 there was filed in my office the Resolution of the City Council of the City of Waterloo, State of Iowa, adopted on the 4th day of April, 2022, such Resolution levying a tax for the purpose of paying principal and interest on General Obligation Bonds, Series 2022, and authorizing the issuance of the Bonds. (COUNTY SEAL) County Auditor of Black Hawk County, State of Iowa 02010172-1\11310-149 Page 417 of 436 CITY OF WATERLOO Council Communication An ordinance amending the 2020 Traffic Code by adding Subsection (154b) Lost Island Water Park and Shaulis Road - Full Actuated Pushbutton Pedestrian Signal to Section 540 Obedience to Official Traffic - Control Devices. City Council Meeting: 4/4/2022 Prepared: 3/22/2022 ATTACHMENTS: Description ❑ Ordinance SUBJECT: Submitted by: Recommended Action: Summary Statement: Type Backup Material Motion to receive, file and consider for the first time an ordinance amending the 2020 Traffic Code by adding Subsection (154b) Lost Island Water Park and Shaulis Road - Full Actuated Pushbutton Pedestrian Signal to Section 540 Obedience to Official Traffic -Control Devices. Motion to suspend the rules. Motion to receive, file, consider and pass for the second and third times and adopt said ordinance. Submitted By: Sandie Greco, Traffic Operations Director Adopt Ordinance This signal is being installed to move traffic, pedestrians and bicyclists entering and exiting the Lost Island Water Park safely. Page 418 of 436 ORDINANCE NO. AN ORDINANCE AMENDING THE 2020 TRAFFIC CODE BY ADDING SUBSECTION (154b) LOST ISLAND WATER PARK AND SHAULIS ROAD — FULL ACTUATED PUSHBUTTON PEDESTRIAN SIGNAL TO SECTION 540, OBEDIENCE TO OFFICIAL TRAFFIC -CONTROL DEVICES, AS FOLLOWS: BE IT ORDAINED by the City Council of the City of Waterloo, Iowa: That Subsection (154b) is hereby added to Section 540, Obedience to Official Traffic -Control Devices, of the 2020 Traffic Code, as follows: (154b) Lost Island Water Park and ShauIis Road Full Actuated Pushbutton Ped. PASSED AND ADOPTED by the City Council this day of April, 2022, and approved by the Mayor this day of April, 2022. Quentin Hart, Mayor ATTEST: Kelley Felchle, City Clerk Page 419 of 436 CITY OF WATERLOO Council Communication An Ordinance amending the 2020 Traffic Code by adding Subsection (154c) Lost Island Theme Park and Shaulis Road - Full Actuated Pushbutton Pedestrian Signal to Section 540, Obedience to Official Traffic - Control Devices. City Council Meeting: 4/4/2022 Prepared: 3/22/2022 ATTACHMENTS: Description ❑ Ordinance SUBJECT: Submitted by: Recommended Action: Summary Statement: Type Backup Material Motion to receive, file and consider for the first time an Ordinance amending the 2020 Traffic Code by adding Subsection (154c) Lost Island Theme Park and Shaulis Road - Full Actuated Pushbutton Pedestrian Signal to Section 540, Obedience to Official Traffic -Control Devices. Motion to suspend the rules. Motion to receive, file, consider and pass for the second and third times and adopt said ordinance. Submitted By: Sandie Greco, Traffic Operations Director Adopt Ordinance The traffic signals are being installed for the safety of traffic, pedestrians and bicyclists entering and exiting the Lost World Theme Park on Shaulis Road. Page 420 of 436 ORDINANCE NO. AN ORDINANCE AMENDING THE 2020 TRAFFIC CODE BY ADDING SUBSECTION (154c) LOST ISLAND THEME PARK AND SHAULIS ROAD — FULL ACTUATED PUSHBUTTON PEDESTRIAN SIGNAL TO SECTION 540, OBEDIENCE TO OFFICIAL TRAFFIC -CONTROL DEVICES, AS FOLLOWS: BE IT ORDAINED by the City Council of the City of Waterloo, Iowa: That Subsection (154c) is hereby added to Section 540, Obedience to Official Traffic -Control Devices, of the 2020 Traffic Code, as follows: (154c) Lost Island Water Park and Shaulis Road Full Actuated Pushbutton Ped. PASSED AND ADOPTED by the City Council this day of April, 2022, and approved by the Mayor this day of April, 2022. Quentin Hart, Mayor ATTEST: Kelley Felchle, City Clerk Page 421 of 436 CITY OF WATERLOO Council Communication Hearing on Order Assessing Civil Penalty to Guddi Mart, 306 Byron Avenue, Waterloo, Iowa 50702, for sale of tobacco to minor violation -second offense. City Council Meeting: 4/4/2022 Prepared: 3/23/2022 ATTACHMENTS: Description Submitted by: Recommended Action: Summary Statement: Type Submitted By: Martin M. Petersen, City Attorney Hold hearing as business did not contact City of Waterloo in allotted time to acknowledge the tobacco violation-2nd offense and pay the $1,500.00 civil penalty, or choose to have their tobacco license suspended for 30 days. This is the second violation within 2 years. A second violation involves the business having the choice to pay $1,500.00 civil penalty, or suspend their permit for tobacco sales for 30 days. The business did not respond and the City Council is asked to make that decision. Page 422 of 436 CITY OF WATERLOO Council Communication Hearing on Order Assessing Civil Penalty to Ray's Supermarket, 1975 Franklin Street, Waterloo, Iowa 50703, for sale of tobacco to minor violation -first offense. City Council Meeting: 4/4/2022 Prepared: 3/23/2022 ATTACHMENTS: Description SUBJECT: Type Submitted by: Submitted By: Martin M. Petersen. City Attorney Recommended Action: Summary Statement: Council shall Order Ray's Supermarket, 1975 Franklin St., Waterloo, Iowa 50703, to immediately pay the requested civil penalty of $300.00 to the City of Waterloo for a tobacco violation to minor -first offense. If not complied with, City may revoke business tobacco license. Ray's Supermarket was contacted regarding tobacco violation of one of their employees. Documents were sent to the business with two options: (1) Acknowledge violation and pay a civil penalty of $300.00 to the City; or, show up at 5:30 p.m. on April 4, 2022 to address council members. Page 423 of 436 CITY OF WATERLOO Council Communication Executive Session on the purchase of real estate pursuant to Iowa Code Section 21.5(1)(j). City Council Meeting: 4/4/2022 Prepared: Submitted by: Submitted By: Page 424 of 436 CITY OF WATERLOO Council Communication Executive Session on the purchase of real estate pursuant to Iowa Code Section 21.5(1)(j). City Council Meeting: 4/4/2022 Prepared: Submitted by: Submitted By: Page 425 of 436 CITY OF WATERLOO Council Communication Executive Session on the purchase of real estate pursuant to Iowa Code Section 21.5(1)(j). City Council Meeting: 4/4/2022 Prepared: Submitted by: Submitted By: Page 426 of 436 CITY OF WATERLOO Council Communication February 2022 Community Development Board and Public Hearing minutes. City Council Meeting: 4/4/2022 Prepared: 3/16/2022 ATTACHMENTS: Description Type ❑ Board meeting minutes Backup Material SUBJECT: February 2022 Community Development Board and Public Hearing minutes. Submitted by: Submitted By: Rudy D. Jones, Community Development Director Recommended Action: approval Page 427 of 436 Community Development Meeting Minutes February 15, 2022 I. Call to order Cody Leistikow called to order the regular meeting of the Community Development Board via zoom at 4:00 p.m. on Tuesday, February 15, 2022. Leistikow asked for an approval of the agenda for February 15, 2022. It was moved by Hummel and seconded by Hansen to approve the agenda. Motion carried. II. Attendance: Present: Chairperson Cody Leistikow, Tina Hummel, Angela Weekley, Zach Hansen, Cam Campbell, and Felicia Carter Members Absent: Jenna Northey Also Present: Rudy D. Jones, Community Development Director; Anita Rousselow, Administrative Secretary; Angie Fordyce, Community Development Coordinator; Mindy Smith, Intake Specialist; Rob Nichols, Councilperson; Jerome Amos, Councilperson; Noel Anderson, CPD Director III. Approval of minutes from last meeting Leistikow asked for an approval of the minutes of the January meeting and the public hearing that was held on January 25, 2022.There was one correction to the minutes. It was moved by Hansen and seconded by Hummel to approve the minutes (after the correction) of the meeting on January 25, 2022. Motion carried. IV. Old Business: a) Staff Updates: Staff is gearing up for a busy spring which will include a roof replacement/ repair blitz for one-two dozen roofs. Code Enforcement has assisted staff in soliciting possible garage demolitions, This will help further clean up neighborhoods in the city. Staff also participates in training as much as time allows. b) COVID-19 Funding: Page 428 of 436 Round 1- Staff is running the rental assistance program internally and has processed several rent requests for tenants affected by Covid-19 or the ability to pay because of Covid-19. Round 2- The people's Clinic expansion is moving forward. At this time information about contractors has been given to IEDA to check for contractor eligibility. A pre -construction meeting will be held prior to construction as per IEDA regulation. Ground breaking is scheduled to start in early spring. Round 3-Contracts have been drawn up for North East Iowa Area Agency Aging Inc. for the Home Modification Program and Iowa Cafe Program. Contracts should be signed by the end of February and the programs should be up and running by March 1. V. New Business: a) Endorse Contracts January 2022: No contracts were signed in January. b) Neighborhood Services: No update. The Neighborhood Services report was not provided and the Coordinator was not present at the meeting VI. Discussion Items: a) Subcommittee report on Moratorium for Roof Repairs- A subcommittee met to discuss the moratorium that was placed on all loans for all emergencies on 4/21/21. It was decided that the moratorium will stay in place until December 31, 2022 and at that time will be reevaluated. With the ongoing pandemic and the continued increase of building supply costs ---- the subcommittee felt that the moratorium should continue. A motion was made by Hansen to continue the moratorium and Weekley seconded that motion. Motion carried. b) Subcommittee Report on Contractor Code of Conduct Draft- It was suggested that instead of calling this the Contractor Code of Conduct, it should be named Community Development and Partners Code of Conduct. The subcommittee felt that the document was very wordy and after discussion with staff about instances where the code of conduct had been used the subcommittee understood that it was necessary to spell out and detail items on the document. The evaluation of this document is ongoing. The hopes are that it will be ready by April of 2022. VII. VIH. Adjournment Leistikow asked for a motion to adjourn the meeting. A motion was made by Carter and seconded by Weekley. Motion carried. Meeting Adjourned. Minutes submitted and approved by board. Page 429 of 436 Community Development 2nd Public Hearing Meeting Minutes February 15, 2022 I. Call to order Cody Leistikow called to order the 2nd Public Hearing for the FY23 Annual Action Plan of the Community Development Board via zoom at 5:00 p.m. on Tuesday, February 15, 2022. Leistikow asked for an approval of the agenda for the public hearing for February 15, 2022. It was moved by Hansen and seconded by Hummel to approve thean e da. Motion carried. II. Attendance: Present: Chairperson Cody Leistikow, Tina Hummel, Zach Hansen, Angela Weekley, Felicia Carter, and Cam Campbell Members Absent: Jenna Northey Also Present: Rudy D. Jones, Community Development Director; Anita Rousselow, Administrative Secretary; Angie Fordyce, Community Development Coordinator; Mindy Smith, Intake Specialist; Jerome Amos, City Council; Rob Nichols, City Council; Noel Anderson, CPD Director III. Motion to Receive and File Affidavit A motion was made by Hansen to receive and place on file an affidavit for proof of publication for the Notice of the 2nd Public Hearing that was published on Sunday, February 1, 2022. Carter seconded that motion. Motion carried. IV. Motion to Open the Public Hearing Leistikow asked for a motion to open the public hearing. Hummel made a motion to open the public hearing and Hansen seconded that motion. Motion Carried. No one attended or spoke during the public hearing. V. Motion to Close the Public Hearing Leistikow asked for a motion to close the public hearing. Hansen made a motion to close the public hearing and Hummel seconded that motion. Motion Carried. Page 430 of 436 VI. Motion to authorize publication of 30-Day Comment period March 1 through March 31, 2022 and submit recommendations to the City Council for a Public Hearing on April 18, 2022 Leistikow asked for a motion to authorize publication of a 30-Day comment period March 1- March 31, 2022 and submit the recommendations to the City Council. Hansen made a motion and Weekley seconded that motion. Motion carried. VII. Motion to Adjourn Leistikow asked for a motion to adjourn. It was moved by Hummel and seconded by Carter to adjourn the meeting. Motion carried. Meeting Adjourned. Minutes submitted by: Minutes approved by: Board Page 431 of 436 CITY OF WATERLOO Council Communication Airport Board Meeting Minutes of January 26, 2022. City Council Meeting: 4/4/2022 Prepared: 3/17/2022 ATTACHMENTS: Description Type ❑ Airport Board Meeting Minutes of January 26, 2022 Backup Material SUBJECT: Airport Board Meeting Minutes of January 26, 2022. Submitted by: Submitted By: Page 432 of 436 MINUTES WATERLOO REGIONAL AIRPORT BOARD Wednesday, January 26, 2022 I. ROLL CALL Board Chair Arlene Humble called the meeting to order at 12:00 p.m. Board Members Present: Board Members Absent: City Officials Present: City Employees Present: Airport Staff Present: Other Attendees: Arlene Humble, Gwenne Berry, Scott Voigt, Doug Rathburn and David Deeds. Todd Holcomb and Cary Darrah. Councilmember Liaisons Ray Feuss and John Chiles. Noel Anderson and Adrienne Miller, Planning Dept. Keith Kaspari, Airport Director and Sheila Combs, Airport Bookkeeper. Doug Schindel and David Hughes, AECOM. II. AGENDA AS RECEIVED OR AMENDED Mrs. Berry moved to approve the agenda as received, seconded by Mr. Voigt. Ayes: 4. Motion carried. III. PUBLIC COMMENTS None. IV. REPORTS A. Airport Director Mr. Kaspari asked if there were any questions on his written report. Mr. Voigt asked how the farm bids for the next 3-year term compared to the what was being paid through 2021. Mr. Kaspari stated that the high bid was about $50/acre higher than was being paid previously. The only bid for hay was from the same bidder and at the same rate. Mr. Deeds asked what impact the upcoming projects in the CIP, especially the runway intersection project, planned for FY-26, would have on air operations. Mr. Kaspari stated that AECOM will work with FAA to come up with a construction safety and phasing plan to minimize the impacts and interruptions to air traffic operations. He also stated that on the runway intersection project, even though it is not a complete or full -depth reconstruction, will most likely require an extensive mill and overlay rehabilitation, so the bulk of the work may need to be completed at night, as only one of a few options to complete the project. 1 Page 433 of 436 B. Legislative Information & Updates Mr. Kaspari advised the Members of the correspondence sent by IPAA for a funding request to benefit all of the Iowa Airports. C. Misc. Monthly Airport Reports General discussion by Staff and the Board regarding expenses, passengers traveled during the month of December, etc. Moved by Mrs. Berry, seconded by Mr. Rathburn, that the monthly reports be received and filed. Ayes: 4. Motion carried. V. BOARD APPROVAL A. Approval of Minutes of the December 15, 2021 Regular Meeting. Mr. Rathburn moved that the minutes of the December 15, 2021 meeting be approved, seconded by Mr. Deeds. Ayes: 4. Motion carried. B. Motion to Receive and File December 2021 Expenses. Mrs. Humble asked why the Utilities expense was so low for December. Mrs. Combs stated that it was due to the timing of the bill and that there was no Council meeting or bills paid the week between Christmas and New Year's. Bills had to be turned in by December 13 to be paid at the December 20th meeting and those received after that date were paid in January, so the Utilities expense for January will be doubled. Mr. Deeds moved that the December 2021 expenses be received and filed, seconded by Mrs. Berry. Ayes: 4. Motion carried. C. C-1 - CY-2022 2023 — 2024 Hay Season Bids: Staff requesting Notice of Award to: Mr. Brad Feckers of Shell Rock, Iowa, with a bid of $52.50 per bale, based on a 1,500-pound bale of hay. No other bids were received. C-2 - CY-2022 2023 — 2024 Farming Season: 1,257.04 Acres: Staff requesting Notice of Award to: Apex Agriculture (Mr. Ben Gosse and Mr. Brett Flaherty) of Jesup, Iowa, with a bid of $330.00 per acre, or $414,823.20 per year. Total of four bids were received. Moved by Mr. Deeds, seconded by Mrs. Berry, that the Award of Bids be approved, as requested. Ayes: 4. Motion carried. 2 Page 434 of 436 D. General Discussion: Discussion with Airport Board on Staff Submittals for City of Waterloo CIP Requests from the Airport Department for FY's 2023 -- 2027. Previously discussed. E. General Discussion: Staff, Consulting Engineer and Board Discussion on the FAA Airport Capital Improvement Program (ACIP) for 2023 — 2027, and Long Range Needs Analysis. Mr. Deeds asked if Betsworth Dr. is on the city resurface list. Mr. Kaspari stated that it is on the list for this current year. Mr. Deeds requested that improved signage be added as part of that project. VI. OLD BUSINESS A. Update: USDOT Response on Waterloo's Community Recommendation for AA to Continue, via Docket NO: DOT-OST-2011-0132. Mr. Kaspari stated that he is pleased that the DOT has recommended the continuation of American Airlines service to Chicago (ORD), 13 flights per week, with the new 2- Year teini beginning on May 1, with two daily flights Sunday thru Friday; and, one daily flight on Saturday. VII. NEW BUSINESS A. FY-2022 Mid -Year Review ofthe Operating Budget for the Airport Department. Mrs. Combs reviewed the FY-22 operations budget. At Mid -Year, ALO has spent approximately 48% of our budgeted funds, with revenues at 44%, and over $100,000 higher than this time last year. It is good to see revenues starting to show an increase. B. General Discussion: Bi-Partisan Infrastructure Law (BIL) Infrastructure Investment and Jobs Act (ILIA) Mr. Kaspari stated that we have received an allocation of $1,015,240. Funds for this first allocation of BILIIIJA funds will likely be used toward pavement preservation on ALO's Primary Runway (12/30) and Taxiway Alpha West; and in future years, additional pavement rehabilitation, updates to the pavement management program, and other high priority airport projects. Mr. Deeds asked about millions in state funding that is being allocated to DSM for a new Airport Terminal replacement project, and whether the other commercial service airports in Iowa are likely to receive additional state funding. Mr. Kaspari replied that other airports are hopeful to receive additional funding for airport vertical infrastructure improvements statewide, but it is unknown what direction the Governor's office will proceed, if any, with an allocation of the $1.4B pandemic relief funds Iowa received, for airport infrastructure improvements. 3 Page 435 of 436 C. General Discussion: FY-2023 Operating Budget for the Airport Department. Mr. Kaspari stated that the FY-23 budget was submitted prior to the opening of the farm and hay bids. With the bids coming in higher than expected, we should have a buffer in the operations budget. D. General Discussion: Board Report on the January 24th Departure of i-Aero dba Swift Air for the Caesars Flight to Laughlin -Bullhead City, Arizona (IFP). Mr. Kaspari stated that approximately 57 passengers departed from ALO (of 91 total on board the aircraft). Unfortunately, the passenger boarding bridge was not operable due to the extreme cold, whereby the bridge was unable to elevate to the height of the door threshold of the 737. The next scheduled flight will be March 5, 2022, returning March 9th, with the April flight scheduled for April 14-18 — both flights to Laughlin (IFP). This will likely be followed by one in May. At that time, Caesars will probably reassess before scheduling additional flights. VIII. STAFF AND BOARD MEMBER COMMENT Mrs. Berry stated that she is happy about the Caesars charters but wondered if we could expand on that and offer other options, for example charters to NY for shows. Mr. Kaspari stated nothing like that is currently planned, yet would hope to see future destinations such as: Atlantic City, Reno, Tahoe, Biloxi and other cities within the Caesars list of cities. Mr. Deeds stated that the Air Service Working Group is always looking for these types of partnerships. Sun Country will begin partnering with Caesars beginning in March, whereby ALO will see Sun Country fly the April Charter, and would enjoy seeing additional frequencies with Sun Country to/from ALO in the future. IX. ADJOURNMENT Mrs. Berry moved the meeting be adjourned at 12:59 p.m., seconded by Mr. Deeds. Ayes: 4. Motion carried. Respectfully submitted, Arlene Humble, Chairperson 4 Page 436 of 436