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City Council Packet 2011 10-11-11 ,LSD w a � _ United City of Yorkville 800 Game Farm Road EST. _._._.., 1�3s Yorkville Illinois 60560 �e \ ~- Telephone: 630-553-4350 Fax: 630-553-7575 AGENDA CITY COUNCIL MEETING CITY COUNCIL CHAMBERS 7:00 p.m. Tuesday, October 11, 2011 Call to Order: Pledge of Allegiance: Roll Call by Clerk: WARD I WARD II WARD III WARD IV George Gilson,Jr. Jackie Milschewski Marty Munns Rose Ann Spears Carlo Colosimo Larry Kot Chris Funkhouser Diane Teeling Establishment of Quorum: Amendments to Agenda: Presentations: 1. Comprehensive Annual Financial Report for Fiscal Year End 2011 Public Hearings: Citizen Comments: Consent Agenda: 1. CC 2011-113 Bills for Payment- $389,014.26 2. EDC 2011-39 BKFD Intergovernmental Agreement Amendment a. Ordinance Approving an Amendment to the Intergovernmental Agreement Between the United City of Yorkville and the Bristol-Kendall Fire Protection District—authorize Mayor and City Clerk to execute b. Ordinance Amending the Fire Code Providing for Operational Permits and False Alarm Fees— authorize Mayor and City Clerk to execute 3. PS 2011-30 Request to Dispose of Vehicles—authorize Police Department to dispose of 13 inoperable department and seized vehicles 4. PS 2011-31 Resolution Authorizing a Fireworks Display—authorize Mayor and City Clerk to execute Minutes for Approval: 1. CC 2011-114 Minutes of the City Council—September 13, 2011 2. CC 2011-115 Minutes of the City Council—September 27, 2011 3. CC 2011-116 Minutes of the Special City Council— September 27, 2011 City Council Meeting Agenda October 11, 2011 Page 2 Mayor's Report: 1. CC 2011-110 KenCom Agreement Public Works Committee Report: Economic Development Committee Report: Public Safety Committee Report: 1. PS 2011-29 Ordinance Prohibiting the Sale, Possession, or use of Synthetic Cannabis and Other Synthetic Alternative Drugs Administration Committee Report: 1. CC 2011-104 Ordinance Authorizing and Providing for the Issue of$11,140,000 General Obligation Refunding Bonds (Alternate Revenue Source), Series 2011 Park Board: Plan Commission: Zoning Board of Appeals: City Council Report: City Clerk's Report: City Treasurer's Report: Community and Liaison Report: Staff Report: Additional Business: Executive Session: 1. For collective negotiating matters between the public body and its employees or their representatives, or deliberations concerning salary schedules for one or more classes of employees. 2. The purchase or lease of real property for use of the public body. 3. For litigation, when an action against, affecting, or on behalf of the particular public body has been filed and is pending before a court or administrative tribunal, or when the public body finds that an action is probable or imminent, in which case the basis for the finding shall be recorded and entered into the minutes of the closed meeting. Adjournment: City Council Meeting Agenda October 11, 2011 Page 3 COMMITTEES, MEMBERS AND RESPONSIBILITIES I----------------------------------------------------------------------------------------------------------------------------------------------------------------------i PUBLIC WORKS: October 18, 2011 -6:_30_p.m.- City Hall Conference Room, -------------------- ----------- __y ------------------------------------------------------------- Committee Departments Liaisons Chairman: Alderman Gilson Public Works Park Board Committee: Alderman Teeling Engineering YBSD Committee: Alderman Kot Parks and Recreation Committee: Alderman Milsehewski F----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- !ECONOMIC DEVELOPMENT: November 1, 2011 -6:30 i i _p.m.-City Hall Conference Room! ------------------------------------------------------------------------------------------------ ---- --- - wz------=z------------- ------------ --------------- Committee Departments Liaisons Chairman: Alderman Munns Community Development Plan Commission Committee: Alderman Funkhouser Building Safety and Zoning Yorkville Econ. Dev. Corp. Committee: Alderman Milschewski Kendall Co. Plan Commission Committee: Alderman Teeling F-----------------------------------------------------------------------------------------------------------------------------------------------------------------------I PUBLIC SAFETY: November 3, 2011 -6:30 p.m.- City Hall Conference Room! ---------------------------------------------- -------------- --------------------------------------------------------------- Committee Departments Liaisons Chairman: Alderman Colosimo Police Human Resource Comm. Committee: Alderman Spears School District Committee: Alderman Kot Committee: Alderman Funkhouser F .----------------------------------------------------------------------------------------------------------------------------------------------------------------------.--.-------------------------------------------------------.------------------- ADMINISTRATION: October 20, 2011 -6:30 p.m-City Hall Conference Room;l Committee D ep a r tments - ------ Li-aiso-ns-------------------------------------------- Chairman: Alderman Spears Finance Library Committee: Alderman Gilson Administration Committee: Alderman Colosimo Committee: Alderman Munns UNITED CITY OF YORKVILLE WORKSHEET CITY COUNCIL Tuesday, October 11, 2011 7:00 PM CITY COUNCIL CHAMBERS ---------------------------------------------------------------------------------------------------------------------------------------- AMENDMENTS TO AGENDA: ---------------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------------- PRESENTATIONS: ----------------------------------------------------------------------------------------------------------------------------------------- 1. Comprehensive Annual Financial Report for Fiscal Year End 2011 ----------------------------------------------------------------------------------------------------------------------------------------- CITIZEN COMMENTS: ----------------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------------- CONSENT AGENDA: ----------------------------------------------------------------------------------------------------------------------------------------- 1. CC 2011-113 Bills for Payment- $389,014.26 ❑ Approved: Y N ❑ Subject to ❑ Removed ❑ Notes ----------------------------------------------------------------------------------------------------------------------------------------- 2. EDC 2011-39 BKFD Intergovernmental Agreement Amendment a. Ordinance Approving an Amendment to the Intergovernmental Agreement Between the United City of Yorkville and the Bristol-Kendall Fire Protection District ❑ Approved: Y N ❑ Subject to ❑ Removed b. Ordinance Amending the Fire Code Providing for Operational Permits and False Alarm Fees ❑ Approved: Y N ❑ Subject to ❑ Removed ❑ Notes ----------------------------------------------------------------------------------------------------------------------------------------- 3. PS 2011-30 Request to Dispose of Vehicles ❑ Approved: Y N ❑ Subject to ❑ Removed ❑ Notes ----------------------------------------------------------------------------------------------------------------------------------------- 4. PS 2011-31 Resolution Authorizing a Fireworks Display ❑ Approved: Y N ❑ Subject to ❑ Removed ❑ Notes ----------------------------------------------------------------------------------------------------------------------------------------- MINUTES FOR APPROVAL: ----------------------------------------------------------------------------------------------------------------------------------------- 1. CC 2011-114 Minutes of the City Council— September 13, 2011 ❑ Approved: Y N ❑ Subject to ❑ Removed ❑ Notes ----------------------------------------------------------------------------------------------------------------------------------------- 2. CC 2011-115 Minutes of the City Council— September 27, 2011 ❑ Approved: Y N ❑ Subject to ❑ Removed ❑ Notes ----------------------------------------------------------------------------------------------------------------------------------------- 3. CC 2011-116 Minutes of the Special City Council—September 27, 2011 ❑ Approved: Y N ❑ Subject to ❑ Removed ❑ Notes ----------------------------------------------------------------------------------------------------------------------------------------- MAYOR'S REPORT: ----------------------------------------------------------------------------------------------------------------------------------------- 1. CC 2011-110 KenCom Agreement ❑ Approved: Y N ❑ Subject to ❑ Bring back to Committee/future meeting ❑ Informational Item ❑ Notes ----------------------------------------------------------------------------------------------------------------------------------------- PUBLIC SAFETY COMMITTEE REPORT: ----------------------------------------------------------------------------------------------------------------------------------------- 1. PS 2011-29 Ordinance Prohibiting the Sale, Possession, or Use of Synthetic Cannabis and Other Synthetic Alternative Drugs ❑ Approved: Y N ❑ Subject to ❑ Removed ❑ Bring back to Committee/future meeting ❑ Informational Item ❑ Notes ----------------------------------------------------------------------------------------------------------------------------------------- ADMINISTRATION COMMITTEE REPORT: ----------------------------------------------------------------------------------------------------------------------------------------- 1. CC 2011-104 Ordinance Authorizing and Providing for the Issue of$11,140,000 General Obligation Refunding Bonds (Alternate Revenue Source), Series 2011 ❑ Approved: Y N ❑ Subject to ❑ Removed ❑ Bring back to Committee/future meeting ❑ Informational Item ❑ Notes ----------------------------------------------------------------------------------------------------------------------------------------- REPORTS: ----------------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------------- ADDITIONAL BUSINESS: ----------------------------------------------------------------------------------------------------------------------------------------- ,��D C1 I, Reviewed By: Agenda Item Number l Lega ❑ Presentation#1 T. leas �> Finance ES ■ Engineer ❑ Tracking Number 0 City Administrator ■ �0 Consultant ❑ � m Kentlal County i <4 ❑ E ��'� Agenda Item Summary Memo Title: Comprehensive Annual Financial Report for Fiscal Year End 2011 Meeting and Date: City Council 10/11/11 Synopsis: 2011 Audit Report Council Action Previously Taken: Date of Action: Action Taken: Item Number: Type of Vote Required: Council Action Requested: Submitted by: Rob Fredrickson Finance Name Department Agenda Item Notes: 2011 COMPREHENSIVE ANNUAL FINANCIAL REPORT viii V I I II li 11 1 i • S i of Kendall County For The Fiscal Year Ended April 30, 2011 United City of Yorkville 800 Game Farm Road Yorkville, Illinois 60560 UNITED CITY OF YORKVILLE,ILLINOIS COMPREHENSIVE ANNUAL FINANCIAL REPORT FOR THE FISCAL YEAR ENDED APRIL 30,2011 Prepared by Finance Department Rob Fredrickson,Director of Finance UNITED CITY OF YORKVILLE,ILLINIOS Table of Contents PAGE INTRODUCTORY SECTION Principal Officials i Organization Chart ii Letter of Transmittal iii-vii FINANCIAL SECTION INDEPENDENT AUDITOR'S REPORT 1 MANAGEMENT'S DISCUSSION AND ANALYSIS 2-12 BASIC FINANCIAL STATEMENTS Government-Wide Financial Statements Statement of Net Assets 13-14 Statement of Activities 15-16 Fund Financial Statements Balance Sheet-Governmental Funds 17 Reconciliation of Balance Sheet of Governmental Funds to the Statement of Net Assets 18 Statement of Revenues,Expenditures,and Changes in Fund Balances-Governmental Funds 19 Reconciliation of Statement of Revenues,Expenditures,and Changes in Fund Balances of Governmental Funds to the Statement of Activities 20 Statement of Revenues,Expenditures,and Changes in Fund Balance-Budget and Actual-General Fund 21 Statement of Revenues,Expenditures,and Changes in Fund Balance-Budget and Actual-Library Fund 22-24 Statement of Net Assets-Proprietary Funds 25-26 Statement of Revenues,Expenses,and Changes in Fund Net Assets-Proprietary Funds 27 Statement of Cash Flows-Proprietary Funds 28 Statement of Fiduciary Net Assets 29 UNITED CITY OF YORKVILLE,ILLINIOS Table of Contents PAGE FINANCIAL SECTION BASIC FINANCIAL STATEMENTS(CONT.) Statement of Changes in Fiduciary Net Assets 30 Notes to the Financial Statements 31-60 REQUIRED SUPPLEMENTARY INFORMATION Schedules of Funding Progress and Employer Contributions Illinois Municipal Retirement Fund 61 Police Pension Fund 62 COMBINING AND INDIVIDUAL STATEMENTS AND SCHEDULES GOVERNMENTAL FUND TYPES GENERAL FUND Schedule of Revenues-Budget and Actual 63-64 Schedule of Expenditures-Budget and Actual 65-71 NONMAJOR GOVERNMENTAL FUNDS Combining Balance Sheet-Nonmajor Governmental Funds 72 Combining Statement of Revenues,Expenditures,and Changes in Fund Balances-Nonmajor Governmental Funds 73 NONMAJOR SPECIAL REVENUE FUNDS Combining Balance Sheet 74-75 Combining Statement of Revenues,Expenditures,and Changes in Fund Balances 76-77 Fox Hill Special Service Area Fund Schedule of Revenues,Expenditures,and Changes in Fund Balance-Budget and Actual 78 UNITED CITY OF YORKVILLE,ILLINIOS Table of Contents PAGE FINANCIAL SECTION COMBINING AND INDIVIDUAL STATEMENTS AND SCHEDULES(CONT.) GOVERNMENTAL FUND TYPES(CONT.) SPECIAL REVENUE FUNDS(CONT.) Sunflower Special Service Area Fund Schedule of Revenues,Expenditures and Changes in Fund Balance-Budget and Actual 79 Motor Fuel Tax Fund Schedule of Revenues,Expenditures,and Changes in Fund Balance-Budget and Actual 80 Land Cash Fund Schedule of Revenues,Expenditures,and Changes in Fund Balance-Budget and Actual 81 Park and Recreation Fund Schedule of Revenues,Expenditures,and Changes in Fund Balance-Budget and Actual 82-84 Fox Industrial TIF Fund Schedule of Revenues,Expenditures,and Changes in Fund Balance-Budget and Actual 85 Countryside TIF Fund Schedule of Revenues,Expenditures,and Changes in Fund Balance-Budget and Actual 86 Downtown TIE Fund Schedule of Revenues,Expenditures,and Changes in Fund Balance-Budget and Actual 87 UNITED CITY OF YORKVILLE,ILLINIOS Table of Contents PAGE FINANCIAL SECTION COMBINING AND INDIVIDUAL STATEMENTS AND SCHEDULES(CONT.) GOVERNMENTAL FUND TYPES(CONT.) NONMAJOR DEBT SERVICE FUND Debt Service Fund Schedule of Revenues,Expenditures,and Changes in Fund Balance-Budget and Actual 88 NONMAJOR CAPITAL PROJECTS FUNDS Combining Balance Sheet 89-90 Combining Statement of Revenues,Expenditures,and Changes in Fund Balances 91-92 Municipal Building Fund Schedule of Revenues,Expenditures,and Changes in Fund Balance-Budget and Actual 93 Police Capital Fund Schedule of Revenues,Expenditures,and Changes in Fund Balance-Budget and Actual 94 Public Works Capital Fund Schedule of Revenues,Expenditures,and Changes in Fund Balance-Budget and Actual 95 Parks and Recreation Capital Fund Schedule of Revenues,Expenditures,and Changes in Fund Balance-Budget and Actual 96 Citywide Capital Fund Schedule of Revenues,Expenditures,and Changes in Fund Balance-Budget and Actual 97 UNITED CITY OF YORKVILLE,ILLINIOS Table of Contents PAGE FINANCIAL SECTION COMBINING AND INDIVIDUAL STATEMENTS AND SCHEDULES(CONT.) PROPRIETARY FUND TYPES ENTERPRISE FUNDS Sewer Fund Schedule of Revenues,Expenses,and Changes in Net Assets-Budget and Actual 98 Water Fund Schedule of Revenues,Expenses,and Changes in Net Assets-Budget and Actual 99 Recreation Center Fund Schedule of Revenues,Expenses,and Changes in Net Assets-Budget and Actual 100 FIDUCIARY FUND TYPE Agency Funds Schedule of Changes in Assets and Liabilities 101 SUPPLEMENTAL INFORMATION Fox Industrial TIF Fund Long-Term Debt Requirements Alternate Revenue Source Bonds 2002 102 Countryside TIF Fund Long-Term Debt Requirements Alternate Revenue Source Bonds 2005 103 Public Works Capital Fund—Adjustable Rate Note Note—Betzwiser Development,LLC 104 UNITED CITY OF YORKVILLE,ILLINIOS Table of Contents PAGE FINANCIAL SECTION SUPPLEMENTAL INFORMATION(CONT.) Debt Service Fund Long-Term Debt Requirements Total Debt Service Fund—Outstanding Debt— Fiscal Years 2012-2023 105 Series 2004C Debt Certificates 106 Alternate Revenue Source Bonds 2005A 107 Library Fund Long-Term Debt Requirements Total Library Fund Service Fund—Outstanding Debt— Fiscal Years 2012-2025 108 General Obligation Bonds 2005B 109 General Obligation Bonds 2006 110 Sewer Fund Long-Term Debt Requirements Total Sewer Fund Service Fund—Outstanding Debt— Fiscal Years 2012-2023 111 Alternate Revenue Source Bond Series 2004B 112 Alternate Revenue Source Bond Series 2005D 113 Alternate Revenue Source Bond Series 2008 Refunding 114 Series 2003 Illinois Rural Bond Bank Debt Certificates 115 Series 2004A Debt Certificates 116 IEPA.Loan L17—013000 117 IEPA.Loan L17—115300 118 Water Fund Long-Term Debt Requirements Total Water Fund—Outstanding Debt— Fiscal Years 2012-2023 119 Alternate Revenue Source Bond Series 2005C 120 Alternate Revenue Source Bond Series 2007A Refunding 121 Series 2002 Capital Appreciation Debt Certificates 122 Series 2003 Debt Certificates 123 Series 2006A Refunding Debt Certificates 124 Developer Commitment—Grande Reserve Court Order 125 UNITED CITY OF YORKVILLE,ILLINIOS Table of Contents PAGE STATISTICAL SECTION(UNAUDITED) Financial Trends Net Assets by Component 126-127 Changes in Net Assets 128-131 Fund Balances of Governmental Funds 132-133 Changes in Fund Balances of Governmental Funds 134-135 Revenue Capacity Assessed Value and Actual Value of Taxable Property 136-137 Property Tax Rates-Direct and Overlapping 138-139 Principal Property Taxpayers 140 Property Tax Levies and Collections 141 Estimate of Taxable Sales by Category 142-143 Direct and Overlapping Sales Tax Rates 144 Pledged Revenue Coverage—Governmental Activities 145 Pledged Revenue Coverage—Business-Type Activities 146 Debt Capacity Ratio of Outstanding Debt by Type 147-148 Ratio of General Bonded Debt Outstanding 149 Direct and Overlapping Governmental Activities Debt 150 Schedule of Legal Debt Margin 151-152 Demographic and Economic Statistics Demographic and Economic Statistics 153 Top Ten Principal Employers 154 Operating Information Full-Time and Part-Time Employees by Function/Program 155-156 Operating Indicators by Program/Function 157-158 Capital Asset Statistics by Function/Program 159-160 Water Sold by Type of Customer 161-162 INTRODUCTORY SECTION UNITED CITY OF YORKVILLE, ILLINOIS Principal Officials Fiscal Year Ended April 30, 2011 LEGISLATIVE Mayor: Valerie Burd Treasurer: William Powell City Clerk: Jackie Milschewski Ward 1: Wally Werderich,Alderman Ward 1: George Gilson, Jr.,Alderman Ward 2: Arden Joe Plocher,Alderman Ward 2: Gary Golinski,Alderman Ward 3: Marty Munns,Alderman Ward 3: Robyn Sutcliff,Alderman Ward 4: Rose Spears,Alderman Ward 4: Diane Teeling,Alderman ADMINISTRATIVE City Administrator: Bart Olson Director of Finance: Rob Fredrickson Director of Public Works: Eric Dhuse Chief of Police: Rich Hart City Engineer: Joe Wywrot Director of Community Development: Krysti Barksdale-Noble Library Director: Michelle Pfister i UNITED CITY OF YORKVILLE,ILLINIOS Organization Chart Citizens City Treasurer Mayor& City Clerk City Council City Attorney Chief of Police City Park Board Director of Parks Library Board Library Director [Deputy Clerk Administrator & Recreation Police Administration Parks Library Department Department Department Department Community Development Recreation Department Department Engineering Department IdFinance Department Public Works Department 11 United City of Yorkville County Seat of Kendall County EST. 'a36 800 Game Farm Road �` cn Yorkville Illinois 60560 o ;p Telephone: 630-553-4350 September 29, 2011 The Honorable Gary J. Golinski,Mayor Members of the City Council Citizens of Yorkville,Illinois The Comprehensive Annual Financial Report (CAFR) of the UNITED CITY OF YORKVILLE, ILLINOIS for the Fiscal Year ended April 30, 2011, is hereby submitted. The submittal of this report complies with Illinois state law which requires that the City issue a report on its financial position and activity presented in conformance with generally accepted accounting principles (GAAP) and audited in accordance with generally accepted auditing standards (GARS) by an independent firm of certified public accountants. For the year ended April 30, 2011, the licensed certified public accounting firm of Wolf& Company LLP, has issued an unqualified ("clean") opinion on the United City of Yorkville financial statements. The independent auditor's report can be found at the front of the financial section of this report. Responsibility for both the accuracy of the data and the completeness and fairness of the presentation, including all disclosures,rests with management. We believe the data,as presented,is accurate in all material respects;that it is presented in a manner designed to fairly set forth the financial position of the United City of Yorkville. The results of operations as measured by the financial activity of its various funds; and all disclosures necessary to enable the reader to gain a reasonable understanding of the City's financial affairs have been included. This report includes all funds of the City(primary government),as well as its component units,the Yorkville Public Library (blended) and Yorkville Police Pension Fund (blended). Component units are autonomous entities for which the primary government is financially accountable. Generally accepted accounting principles require that management provide a narrative introduction,overview and analysis to accompany the basic financial statements in the form of Management's Discussion and Analysis (MD&A). This transmittal letter is designed to complement the MD&A and should be read in conjunction with it. The City's MD&A can be found immediately following the report of the independent auditors. Profile of the United City of Yorkville Yorkville was first settled in 1833 and has been the county seat of Kendall County since 1859. The Village of Yorkville was incorporated in 1874, with a population of approximately 500 people. At that time the Village of Yorkville only encompassed land on the south side of the Fox River; another village, called Bristol,was located directly across from Yorkville on the north side of the river. In 1957 the two villages iii merged, via referendum, to form the United City of Yorkville. The City, a non-home rule community as defined by the Illinois Constitution, covers approximately 22 square miles with a 2010 census population of 16,921 residents. The City is located in central Kendall County, about 45 miles southwest of Chicago, Illinois. The City operates under a Mayor/Council form of government, as defined in Illinois state statutes. The legislative authority of the City is vested in an eight-member council, each elected from their respective wards to overlapping four year terms. The Mayor, City Treasurer and City Clerk are elected at large. The Mayor appoints,with Council consent,a City Administrator to manage the day-to-day operations of the City. The City provides a full range of municipal services with 73 full-time, and 82 part-time persons working in public safety, public works, planning and zoning, parks and recreation, library services and general administration. The City maintains approximately 60 miles of streets and over 250 acres of park and green space. The City operates its own water distribution system with sewage treatment provided by the Yorkville Bristol Sanitation District. The Yorkville Public Library is operated under an appointed board, which is separate from the City Council. Library Board positions are appointed by the Mayor and expire on a rotating basis. Library operations are administered by the Library Board; however, the City is required by state statute to include within its property tax levy and budget, the Library's requests. The Library does not have authority to issue debt, and must do so through the City. Thus,the Library is a component unit of the City. Accounting System and Budgetary Control Management of the United City of Yorkville is responsible for establishing and maintaining an internal control structure. The internal control structure is designed to ensure that the assets of the City are protected from loss,theft or misuse and to ensure that adequate accounting data is compiled to allow for the preparation of financial statements in conformity with generally accepted accounting principles. This structure is designed to provide reasonable, but not absolute, assurance that these objectives are met. The concept of reasonable assurance recognizes that: (1) the cost of a control should not exceed the benefits likely to be derived;and(2)the valuation of costs and benefits requires estimates and judgments by management. In addition, the United City of Yorkville maintains budgetary controls. The objective of these budgetary controls is to ensure compliance with legal provisions embodied in the annual appropriated budget approved by the City's governing body. Activities of the General Fund, special revenue funds, capital project funds, debt service funds and enterprise funds are included in the annual appropriated budget. Project-length financial plans are adopted for the capital projects funds. The level of budgetary control (that is, the level at which expenditures cannot legally exceed the appropriated amount) is established at the departmental level within the General Fund and at the fund level for all other budgeted funds. Local Economy Yorkville is home to several large manufacturers and retailers including Wrigley Manufacturing Co., Newlywed Foods, Jewel/Osco, Target, Kohl's, Dick's Sporting Goods and Menards. It is also home to Raging Waves, Illinois largest water park. The City, along with the Yorkville Economic Development Corporation(YEDC), a quasi-public private/public partnership partially funded by the City, continue to work on attracting commercial and retail business to locate within the United City of Yorkville. iv Driven by the housing boom that occurred over the first decade of the new millennium,the City's population has increased substantially over the last ten years, going from 6,189 residents in 2000 to 16,921 in 2010. However, the global recession that began in December 2007 has continued to adversely affect the City's economic condition in recent years. Particularly hard hit has been the local housing market, as indicated by the high number of foreclosures within the City over the past year. The housing slowdown has also resulted in significant declines in water and sewer connection fee revenues,which the City had pledged to cover debt service associated with various public infrastructure expansions and improvements. As a result of this,in the fall of 2010 City Council made the difficult decision to not abate several of these debt service payments, which resulted in their addition to the property tax rolls. Despite the economic challenges that occurred in fiscal year 2011, the City has experienced gains in certain revenue streams which may indicate the beginnings of economic recovery. Most major tax categories posted year-over-year gains. Sales tax was particularly robust, increasing by 5% over the previous year's amount. License and permit fees have also increased slightly in the current fiscal year, which seems to suggest that there is a fair amount of building and development taking place within the City despite the economic slowdown. Management remains cautious, yet optimistic about the state of the aggregate economy. While there are signs of recovery, there are other indicators such as a lagging housing market and high unemployment,which suggest otherwise. Long-Term Financial Planning The City had been updating a five year capital plan on an annual basis as a means to identify future capital expenditures. Beginning in the new fiscal year,management will develop a five year financial forecast for all budgeted funds. This forecast will serve as the basis for indentifying not only future capital needs,but future operational and personnel requirements as well. Revenue and expenditure trends will be evaluated and prioritized based on the goals set forth by the City Council. It is the intent of management that this five year financial forecast will serve as the foundation for each year's corresponding budget document. Major Initiatives The fiscal year ended April 30,2011 saw two major initiatives come to fruition,as identified below: • Through the use of state grant proceeds,the City was able to acquire the old Kendall County jail and a parking lot in the downtown area. The City plans on transforming the old jail into a"living history museum"as well as enhancing access to the downtown area with increased parking space. • The downtown whitewater park was opened, featuring a 1,200 foot series of artificial rapids. The whitewater park was built in conjunction with the remediation of the Glenn D. Palmer dam, with funding provided by the Illinois Department of Natural Resources. It is the only whitewater park within six hours of the City and is expected to be a major draw for tourists and whitewater enthusiasts alike. All other major projects were postponed in fiscal year 2011 due to the economy and current year budget concerns. However, looking forward into the next fiscal year, the City has several capital projects planned including reconstruction of the River Road bridge and public infrastructure improvements relating to an expansion of Illinois Route 47. v Relevant Financial Policies In order to insure that the City continues to meet its immediate and long-term service goals, several financial policies and procedures have been implemented by management. Some of the more prescient policies include the following: • Issue a Comprehensive Annual Financial Report (CAFR) within 180 days of the end of each fiscal year that complies with generally accepted accounting principles. • Monthly revenue, expenditure and cash balance reporting for all funds. In addition, periodic financials are prepared for the General Gund with year ending projections of revenues and expenditures. These financial reports ensure that the City Council is made aware of any variances from the appropriated budget. • An investment policy which invests public funds in a manner which protects principal, maximizes return for a given level of risk,and meets the daily cash flow needs of the City. • A capitalization policy which establishes the capitalization thresholds and estimated useful lives of fixed assets. • A purchasing policy to ensure that goods and services are obtained in a timely manner at the lowest possible cost. Pension Trust Funds and Post Employment Benefits Two pension plans are established by State Statute,which cover City employees. The benefits and funding of each plan are determined by state statute, and each plan provides retirement, disability and death benefits for participants. The Police Pension Fund is funded through an annual property tax levy, employee contributions and investment earnings. The Illinois Municipal Retirement Fund(IMRF)pension plan covers civilian full-time employees. Funding for IMRF is made through contributions from the employer (actuarially determined annually by the IMRF) and employees of the City (established at 4.5% of total compensation). Employees covered under both pension plans also contribute to Social Security (4.2% of salary capped annually) and Medicare(1.45%of total compensation). The notes to the financial statement provide more information pertaining to employee pensions. The City also provides post-retirement health care benefits for retirees and their dependents. Since the City does not contribute towards the cost of the retiree's health insurance, the City is reporting on the implicit liability that is created when the retiree (by state statute) is charged the group rate for the insurance as opposed to the true rate that would have been charged based on risk. vi Acknowledgments The preparation of the comprehensive annual financial report would not have been possible without the dedicated services of the City department heads and staff. The entire finance department staff is extended a special appreciation for all of their assistance in the completion of the annual audit. Additionally, we would like to acknowledge the Mayor and City Council for their leadership and support in planning and conducting the financial operations of the City, which has made preparation of this report possible. Respectfully submitted, Bart Olson Rob Fredrickson City Administrator Director of Finance vii FINANCIAL SECTION INDEPENDENT AUDITOR'S REPORT Wolf Company LLP Nt✓ C ertif d Pith[c Accouniante A Wolf Financial Group Member INDEPENDENT AUDITOR'S REPORT To the Honorable Mayor Members of the City Council United City of Yorkville,Illinois We have audited the accompanying financial statements of the governmental activities, business-type activities, each major fund, budgetary comparison information for the General and Library Funds, and the aggregate remaining fund information for United City of Yorkville, Illinois, as of and for the year ended April 30, 2011, which collectively comprise the City's basic financial statements as listed in the table of contents. These basic financial statements are the responsibility of the management of United City of Yorkville, Illinois. Our responsibility is to express opinions on these basic financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the basic financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinions. In our opinion,the financial statements referred to above present fairly,in all material respects,the respective financial position of the governmental activities,the business-type activities,each major fund,and the aggregate remaining fund information of the United City of Yorkville,Illinois,at April 30,2011,and the respective changes in financial position and cash flows,where applicable,thereof, and the respective budgetary comparison of the General and Library Funds for the year then ended,in conformity with accounting principles generally accepted in the United States of America. Our audit was made for the purpose of forming opinions on the basic financial statements taken as a whole. The accompanying information identified in the table of contents as combining and individual fund statements, schedules and supplemental data is presented for purposes of additional analysis and is not a required part of the basic financial statements. Such information has been subjected to the auditing procedures applied in the audit of the basic financial statements and,in our opinion,is fairly stated in all material respects,in relation to the basic financial statements taken as a whole. The Management's Discussion and Analysis and the Required Supplementary Information, as listed in the table of contents are not a required part of the basic financial statements but is supplementary information required by the accounting principles generally accepted in the United States of America. We have applied certain limited procedures which consisted principally of inquiries of management regarding the methods of measurement and presentation of the supplementary information. However,we did not audit the information and express no opinion on it. The introductory section and the statistical section listed in the table of contents were not audited by us and, accordingly,we do not express an opinion thereon. Oakbrook Terrace,Illinois September 29,2011 1901 S.Meyers Road, Suite 500 + Oakbrook Terrace, Illinois 60181-5209 630.545.4500 main A 630.574.7$18 fun A www.wolfcpa.com MANAGEMENT'S DISCUSSION AND ANALYSIS UNITED CITY OF YORKVILLE,ILLINOIS MANAGEMENT'S DISCUSSION AND ANALYSIS April 30, 2011 As management of the United City of Yorkville ("City"), we offer readers of the City's financial statements this narrative overview and analysis of the financial activities of the City for the fiscal year ended April 30, 2011. Since the Management's Discussion and Analysis("MD&A")is designed to focus on the current year's activities, resulting changes and currently known facts, it should be read in conjunction with the Letter of Transmittal on pages iii through vii and the City's financial statements(beginning on page 13). Financial Highlights • The assets of the United City of Yorkville exceeded its liabilities at the close of the fiscal year by $97,142,129(net assets). Of this amount, $2,736,585 is restricted for capital improvements, $863,443 is restricted for debt service, and$94,761,393 is invested in capital assets net of related debt, leaving a negative unrestricted net asset balance of$1,219,242. • The City's total net assets increased by$764,479 (1.0%) during the fiscal year ended April 30, 2011. Governmental activities net assets increased by $766,745 and the business-type activities net assets decreased by$2,266. • As of the close of the current fiscal year, the United City of Yorkville's' governmental funds reported combined ending fund balances of$3,294,146,an increase of$526,453 from the previous fiscal year. • At the close of the current fiscal year, the City's General Fund reported an ending fund balance of negative$271,900, an increase of$221,039 in comparison with the prior year. Overview of the Financial Statements This discussion and analysis is intended to serve as an introduction to the City's basic financial statements. The City'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. The governmental-wide statements are divided between governmental activities and business-type activities, with the public library presented as a blended component unit. The perspective of the fund financial statements presents financial information for individual funds established by the City for specific purposes. They are categorized into three distinct groups: governmental, proprietary and fiduciary. This report also contains other supplementary information in addition to the basic financial statements. Government-Wide Financial Statements The government-wide financial statements are designed to provide readers with a broad overview of the City's finances, in a manner similar to a private-sector business. The Statement of Net Assets presents information on all of the City's assets and liabilities,with the difference between the two reported as net assets. Over time increases or decreases in net assets may serve as a useful indicator of whether the financial position of the City is improving or deteriorating. The Statement of Activities presents information showing how the City's net assets changed during the most recent fiscal year. All changes in net assets 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 fixture fiscal periods. 2 UNITED CITY OF YORKVILLE,ILLINOIS MANAGEMENT'S DISCUSSION AND ANALYSIS (CONT.) April 30,2011 Both of the government-wide financial statements distinguish functions of the City 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 include general government (legislative, administration, finance),public safety(police), community development,public works (street operations,health& sanitation), and culture and recreation (parks & recreation). Property taxes, shared state taxes and local utility taxes finance the majority of these services. Business-type activities reflect private sector type operations,where the fee for service typically covers all or most of the cost of operations, including depreciation. The business-type activities of the City include water, sewer and recreation center management. The government-wide financial statements may be found on pages 13 through 16 of 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 uses fund accounting to ensure and demonstrate compliance with finance-related legal requirements. All of the funds of the United City of Yorkville 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. 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 City'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 maintains sixteen 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 and Library Fund, both of which are considered to be major funds. Information from the City's other fourteen governmental funds are combined into a single column presentation. Individual fund information for these nonmajor governmental funds is provided elsewhere in the report. The United City of Yorkville adopts an annual budget for both its General Fund and Library Fund. A budgetary comparison statement has been provided for both funds to demonstrate compliance with this budget. The basic governmental fund financial statements may be found on pages 17 through 24 of this report. 3 UNITED CITY OF YORKVILLE,ILLINOIS MANAGEMENT'S DISCUSSION AND ANALYSIS (CONT.) April 30,2011 Proprietary Funds The City maintains one type of proprietary fund (enterprise funds). Enterprise funds are used to report the same functions presented as business-type activities in the government-wide financial statements. The City uses enterprise funds to account for its water, sewer and recreation center operations. 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 Water Fund(major fund), the Sewer Fund(major fund)and the Recreation Center Fund The basic proprietary fund financial statements may be found on pages 25 through 28 of this report. Fiduciary Funds Fiduciary funds are used to account for resources held for the benefit of parties outside the City. Fiduciary funds are not reflected in the government-wide financial statements because the resources of those funds are not available to support the City's operations. The City maintains one fiduciary trust fund;the Police Pension Fund and two agency funds; one for fees held for other governmental agencies and one for developer deposits. The accounting used for fiduciary funds is similar to that used by proprietary funds. The basic fiduciary fund financial statements may be found on pages 29 and 30 of this report. Notes to the Financial Statements The notes provide additional information that is essential to a full understanding of the information provided in the government-wide and fund financial statements. The notes to the financial statements may be found on pages 31 through 60 of this report. Other Information In addition to the basic financial statements, this report also includes certain required supplementary information related to budgetary information and the City's progress in funding its obligation to provide pension benefits to its employees. Required nonmajor fund information can be found following the required supplementary information. Required supplementary information may be found on pages 61 and 62 of this report. The combing statements referred to earlier in connection with nonmajor governmental funds are presented immediately following the required supplementary information on pensions. Combining and individual fund statements and schedules may be found on pages 63 through 101 of this report. 4 UNITED CITY OF YORKVILLE,ILLINOIS MANAGEMENT'S DISCUSSION AND ANALYSIS (CONT.) April 30,2011 GOVERNMENT-WIDE FINANCIAL ANALYSIS Statement of Net Assets The following chart reflects the condensed Statement of Net Assets(in millions): Total Governmental Business-Type Primary Activities Activities Government 2011 2010 2011 2010 2011 2010 Assets: Current Assets $ 9.4 $ 7.9 $ 4.9 $ 3.0 $ 14.3 $ 10.9 Capital and Other Assets 74.4 74.4 66.1 67.2 140.5 141.6 Total Assets 83.8 82.3 71.0 70.2 154.8 152.5 Liabilities: Current Liabilities 5.9 4.6 2.3 0.4 8.3 5.0 Long-term Liabilities 16.9 17.4 32.6 33.7 49.4 51.1 Total Liabilities 22.8 22.0 34.9 34.1 57.7 56.1 Net Assets: Invested in Capital Assets,Net 61.6 61.0 33.2 32.9 94.8 93.9 Restricted 3.3 3.4 0.3 0.2 3.6 3.6 Unrestricted (3.8) (4.1) 2.6 2.9 (1.2) (1.2) Total Net Assets $ 61.1 $ 60.3 $ 36.1 $ 36.0 $ 97.2 $ 96.3 The largest portion of the United City of Yorkville's net assets, or 98%reflects its investment in capital assets (e.g., land, infrastructure, buildings, machinery and equipment), less any related debt used to acquire or construct those assets that is still outstanding. The United City of Yorkville uses its capital assets to provide services to citizens; consequently,these assets are not available for future spending. Although the United City of Yorkville'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. An additional portion of the United City of Yorkville's net assets, or 4%,represents resources that are subject to external restrictions on how they may be used. Of the total restricted net assets, 76% is for the completion of capital improvements,with the remaining 24%reserved for future debt service payments. At the end of the current fiscal year, the United City of Yorkville is able to report positive net assets for the government as a whole, as well as for its separate governmental and business-type activities. The same situation held true for the prior year. Additional information on the Statement of Net Assets may be found on pages 13 and 14 of this report. 5 UNITED CITY OF YORKVILLE,ILLINOIS MANAGEMENT'S DISCUSSION AND ANALYSIS (CONT.) April 30,2011 Changes in Net Assets The fiscal year 2011 activities of the United City of Yorkville caused total net assets to increase by $764,479 (governmental activities increased by $766,745 and business-type activities decreased by $2,266). Total net assets at the end of the current fiscal year are $97,142,129. The following table reflects the condensed Statement of Activities(in millions)of the current fiscal year with comparative data of the prior fiscal year: Total Governmental Business-Type Primary Activities Activities Government 2011 2010 2011 2010 2011 2010 REVENUES Program Revenues: Charges for Services $ 2.2 $ 2.2 $ 4.6 $ 4.4 $ 6.8 $ 6.6 Operating Grants/Contributions 0.8 0.6 0.8 0.6 Capital Grants/Contributions 1.6 10.7 0.2 14.5 1.8 25.2 General Revenues: Property Taxes 4.3 4.1 4.3 4.1 Other Taxes 6.3 5.9 6.3 5.9 Other 0.8 0.9 0.8 0.9 Transfer In 0.2 0.1 0.2 0.1 Total Revenues 16.2 24.5 4.8 18.9 21.0 43.4 EXPENSES General Government 4.8 4.4 4.8 4.4 Public Safety 3.2 3.7 3.2 3.7 Community Development 0.4 0.4 0.4 0.4 Public Works 3.4 3.1 3.4 3.1 Library 1.2 1.1 1.2 1.1 Culture&Recreation 1.6 2.2 1.6 2.2 Interest on Long-Term Debt 0.7 0.7 0.7 0.7 Water 2.4 2.4 2.4 2.4 Sewer 1.6 1.6 1.6 1.6 Recreation Center 0.7 0.6 0.7 0.6 Transfer Out 0.2 0.1 0.2 0.1 Special Item-Bad Debt 1.0 - 1.0 Total Expenses 15.3 16.6 4.9 4.7 20.2 21.3 Change in Net Assets 0.9 7.9 (0.1) 14.2 0.8 22.1 Beginning Net Assets 60.3 52.4 36.1 21.8 96.4 74.2 Ending Net Assets $ 61.2 $ 60.3 $ 36.0 $ 36.0 $ 97.2 $ 96.3 6 UNITED CITY OF YORKVILLE,ILLINOIS MANAGEMENT'S DISCUSSION AND ANALYSIS (CONT.) April 30,2011 Governmental Activities Revenues Governmental Activities - Revenues by Function Other Revenues Other Taxes Sales Tax Property Taxes Capital Grants&Contributions go Operating Grants&Contributions Charges for Service 2,000 4,000 6,000 8,000 10,000 12,000 ■FY2011 ■FY2010 Total governmental activities revenue for the current year was $16,166,319, compared to $24,549,646 in previous fiscal year, a decrease of 34%. However, as indicated by the chart above, the reduction in capital grants and contribution(in the form of developer donations) is the primary reason for the sharp year-over-year decline in governmental revenues. In 2011 the City accepted$1.5 million in developer donations,compared to $10.7 million in 2010, which accounts for the large revenue variance between fiscal years. Excluding developer donations, total governmental activities revenue for the current fiscal year was $14,634,252, compared to$13,899,049 in the prior fiscal year,an increase of$735,203 (5%). Property taxes, the City's largest single revenue source (26% of total revenues) totaled $4.3 million in fiscal year 2011. Despite a slow housing market and high foreclosure rates,the City was still able to collect 99.70% of what was levied. In addition,most other tax categories posted year over years gains as well, indicating that the local economy may be beginning to stabilize. Sales tax increased by 5%, and other taxes, consisting primarily of income and utility taxes increased by$236,954(7%)over prior year amounts. However, it should be noted that the State of Illinois continues to be three to five months in arrears with its remittance of income tax. Expenses Governmental Activities - Expenses by Function Interest on Long-Term Debt Unallocated Bad Debt Adjustment i Culture&Recreation Library Public Works ■FY2011 Community Development ■FY 2010 Public Safety I General Government 1,000 2,000 3,000 4,000 5,000 7 UNITED CITY OF YORKVILLE,ILLINOIS MANAGEMENT'S DISCUSSION AND ANALYSIS (CONT.) April 30,2011 At first glance, year-over-year comparisons indicate that total governmental activities expenses decreased by $1,256,939. However, this is not entirely accurate, as approximately $1 million of this decrease is directly related to a one-time write off of bad debt expense that occurred in fiscal year 2010. After excluding bad debt from the previous year's expense totals, current year governmental activities expenses decreased by$240,807 (1.5%). This adjusted decrease in governmental activities expenses is reflective of the cost cutting measures implemented across City departments,as well as work force reductions and the elimination of vacant positions. Business-Type Activities The vast majority of business-type activities revenue is generated from fees for services relating to the City's recreation center and water and sewer utilities. Charges for service totaled $4,640,374 in fiscal year 2011, which represents an increase of$190,644 over the prior year's amounts. As noted on the Change in Net Assets schedule on page 6,year-over-year revenue comparisons indicate that total business-type revenues declined by approximately$14 million. However, as was the case with governmental activities revenue, capital grants and contributions (in the form of developer donations) were significantly less in the current fiscal year, which explains the aforementioned revenue variance. Excluding developer donations,business-type revenues totaled $4,468,867 for fiscal year 2011,which represents a 3%increase over last fiscal year's amounts. At the end of fiscal year 2011,business-type activities marginally decreased the City's net assets by$2,266. FINANCIAL ANALYSIS OF THE GOVERNMENT'S FUNDS Governmental Funds - The focus of the United City of Yorkville's governmental funds is to provide information on near-term inflows, outflows, and balances of spendable resources. Such information is useful in assessing the United City of Yorkville's financing requirements. In particular,unreserved 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 United City of Yorkville's governmental funds reported combined ending fund balances of$3,294,146, an increase of$526,453 in comparison with the prior year. This amount is comprised of reserved fund balance in the amount of$3,460,432 and unreserved fund balance in the amount of negative $166,286. Reserved fund balance is not available for new spending because it has already been reserved for prepaid items,debt service or capital project commitments. The Library Fund, fund balance decreased by $253,666 during the current fiscal year to $317,336, with the majority of its fund balance consisting of building development fees. The City's other nonmajor governmental funds (consisting of eight special revenue funds, five capital project funds and one debt service fund), had a combined fund balance of$3,248,710,an increase of$559,080 over the prior fiscal year. 8 UNITED CITY OF YORKVILLE,ILLINOIS MANAGEMENT'S DISCUSSION AND ANALYSIS (CONT.) April 30,2011 General Fund General Fund Budgetary Highlights FY 2011 Original Variance and Final from Budget Percent Budget Actual Over(Under) Variance Revenues $ 11,097,668 $ 11,282,615 $ 184,947 102% Expenditures 9,708,186 9,780,155 71,969 101% Excess of Revenues over Expenditures 1,389,482 1,502,460 112,978 108% Other Financing Sources(Uses) (1,333,437) (1,281,421) 52,016 96% Net Change in Fund Balance 56,045 221,039 164,994 Fund Balance-Beginning of Year (492,939) (492,939) - Fund Balance-End of Year $ (436,894) $ (271,900) $ 164,994 The General Fund is the City's primary operating fund and the largest source of funding for the day-to-day activities of its various departments. As indicated in the table above, an actual surplus of$221,039 increased General Fund, fund balance from a negative $492,939 at the beginning of the year, to a negative $271,900 at the end of fiscal year 2011. This reduction in negative fund balance is directly attributable to higher than anticipated tax revenues, as well as a conscious effort by management and the City Council to control costs and monitor revenues. Expenditures relating to public safety and community development were all under budgeted amounts. General government expenditures exceeded budgeted amounts by$404,724, due to higher than expected costs relating tax rebates, bad debt expense, severance payouts and unemployment and health insurance. Additional information may be found beginning on page 63 of this report. Proprietary Funds—The United City of Yorkville's proprietary funds provide the same type of information found in the government-wide financial statements,but in greater detail. Net assets for the Water Fund totaled$19,519,380 at the end of fiscal year 2011, an increase of$210,741 from the previous fiscal year. A portion of this increase is attributable to the implementation of a water infrastructure fee,which has provided the fund with an additional revenue stream that was needed to bridge the gap left by declining connection fee revenue. Net assets in the Sewer Fund decreased by $144,809 in fiscal year 2011,resulting in an ending balance of$16,738,281. 9 UNITED CITY OF YORKVILLE,ILLINOIS MANAGEMENT'S DISCUSSION AND ANALYSIS (CONT.) April 30,2011 CAPITAL ASSET AND DEBT ADMINISTRATION Capital Assets — The United City of Yorkville's investment in capital assets for its governmental and business-type activities as of April 30, 2011 totaled $128,694,314 (net of accumulated depreciation.) Investments in capital assets include land, land improvements, construction in progress (CIP), infrastructure (roadway improvements, sanitary sewer lines, storm sewers and water lines), buildings, equipment and vehicles. The following table summarizes the changes in the City's capital assets for governmental and business-type activities. Capital Assets Change in Capital Assets (in millions) Net Balance Additions/ Balance Governmental Activities May 1,2010 Deletions April 30,2011 Non-Depreciable Assets: Land/Construction in Progress $ 30.1 $ 0.2 30.3 Depreciable Capital Assets: Infrastructure 37.9 1.5 39.4 Buildings 14.5 0.1 14.6 Equipment 5.5 0.1 5.6 Vehicles/Fumiture/Fixtures 2.6 2.6 Accumulated Depreciation on Capital Assets (16.2) (1.9) (18.1) Total Capital Assets,Net $ 74.4 $ - $ 74.4 Total net capital assets for the City's governmental activities marginally decreased in fiscal year 2011 by approximately$17,000,as capital asset additions were roughly equivalent to the depreciation expense incurred for the period. During the fiscal year, depreciation expense was charged to the following functions: General Government($71,443), Public Safety ($98,046), Public Works ($1,248,466), Library($179,525), Community Development($3,976)and Culture and Recreation($415,458). 10 UNITED CITY OF YORKVILLE,ILLINOIS MANAGEMENT'S DISCUSSION AND ANALYSIS (CONT.) April 30,2011 Capital Assets Change in Capital Assets (in millions) Net Balance Additions/ Balance Business-Type Activities May 1,2010 Deletions April 30,2011 Non-Depreciable Assets: Land/Construction in Progress $ 1.4 $ $ 1.4 Depreciable Capital Assets: Infrastructure 42.1 0.2 42.3 Equipment 18.9 18.9 Accumulated Depreciation on Capital Assets (7.1) (1.2) (8.3) Total Capital Assets,Net $ 55.3 $ (1.0) $ 54.3 Fixed asset additions for the year totaled $241,344 and were comprised solely of developer donations in the form of water, sanitary and storm sewer infrastructure. The City itself did not engage in any material capital projects during fiscal year 2011. During the fiscal year, depreciation expense of$777,189 and $427,322 was charged to the Water and Sewer Fund functional expense categories,respectively. For more detailed information related to capital assets, see Note 4 to the financial statements, beginning on page 42. Debt Administration As of April 30, 2011, the United City of Yorkville had total debt outstanding of$46,060,963 (excluding other liabilities), comprised of general obligation and alternative revenue source bonds, debt certificates, and loans payable. This amount is partially comprised of ten alternative revenue bonds which pledge income, sales, motor fuel, utility and incremental property taxes, and water/sewer revenues. In addition, these bonds can be reverted to the property tax rolls should the alternative revenue source prove to be inadequate. Governmental Business-Type Activities Activities Total General Obligation&Alternative Revenue Source Bonds $ 14,715,000 $ 18,605,000 $ 33,320,000 Debt Certificates 190,000 9,064,112 9,254,112 Loans Payable 1,002,969 2,483,882 3,486,851 $ 15,907,969 $ 30,152,994 $ 46,060,963 For more detailed information related to long-term debt, see Note 5 to the financial statements, beginning on page 44. 11 UNITED CITY OF YORKVILLE,ILLINOIS MANAGEMENT'S DISCUSSION AND ANALYSIS (CONT.) April 30,2011 ECONOMIC FACTORS AND NEXT YEAR'S BUDGET Fiscal year 2011 ended better than forecasted for the United City of Yorkville when comparing actual to budgeted numbers. Despite decreased revenues for licenses, permits and fees (which tend to move in kind with the aggregate housing market), the City's other major revenue categories have, thus far, shown signs of economic resiliency. However, even with these positive revenue trends,the City had to make some arduous decisions in fiscal year 2011 regarding expenditure reductions, including the elimination of nine full-time positions. In addition, in the fall of 2011 the City found itself in a tenuous cash flow situation, questioning how it would meet several debt service requirements in the upcoming fiscal year. After much deliberation,the City Council made the difficult decision to not abate several of these debt service payments, which resulted in approximately $2.2 million being added to the City's property tax levy. As the City moved forward into fiscal year 2012, it implemented several initiatives aimed at mitigating some of the challenges faced in the previous fiscal year. A non-home rule sales tax, which was passed via referendum in April 2011, will be implemented beginning January 1, 2012 at a rate of 1%. Preliminary estimates expect the tax to annually generate $1.5 million. The City is also currently in the process of refinancing two of its sewer bonds. This refinancing, which is expected to be finalized in the fall of 2011, will help ease the City's cash flow constraints by making debt service payments more manageable. It will also allow for the systematic reduction of the amount of debt service that is included on the property tax levy over the course of the next several fiscal years. Revenue generated by the non-home rule sales tax will be pledged to cover the annual debt service amounts of the new bond issue, and any excess amounts will be used to finance roadway improvements. Due to an uncertain economic outlook, when preparing the fiscal year 2012 budget, the City continued its practice of conservatively projecting revenues, while looking for ways to reduce expenditures. Salary expenditures for both union and non-union personnel were kept frozen at fiscal year 2009 levels, and four additional positions were eliminated early in the fiscal year. The City does plan to proceed with several capital projects in fiscal year 2012 including the reconstruction of the River Road Bridge; sewer and water infrastructure and roadway improvements on Route 47; construction of Raintree Park B; and construction of new sidewalks in conjunction with the state's "Safe Route to School" program. All of these projects will either be partially of fully funded by state grants or reimbursements. One of the preeminent goals of the fiscal year 2012 budget was to eliminate the negative fund balance position of the City's General Fund, currently at negative $271,900. As the new fiscal year progresses, the City will continue to pragmatically assess revenues and expenditures to ensure that the necessary surplus is attained in order to eliminate this negative fund balance position. REQUESTS FOR INFORMATION This financial report is designed to provide our citizens, customers, investors and creditors with a general overview of the City's finances. Questions concerning this report or requests for additional financial information should be directed to the Director of Finance, United City of Yorkville, 800 Game Farm Road, Yorkville,Illinois 60560. 12 BASIC FINANCIAL STATEMENTS UNITED CITY OF YORKVILLE,ILLINOIS Statement of Net Assets April 30,2011 Governmental Business-Type Activities Activities Total ASSETS Current Assets Cash and Cash Equivalents $ 4,379,393 4,379,393 Receivables Property Taxes Receivable 4,469,943 1,888,556 6,358,499 Intergovernmental Receivables 1,923,851 1,923,851 Accounts Receivable 494,959 462,108 957,067 Utility Taxes Receivable 239,106 239,106 Internal Balances (2,219,599) 2,219,599 Prepaid Items 145,404 303,000 448,404 Total Current Assets 9,433,057 4,873,263 14,306,320 Capital Assets(Net of Accumulated Depreciation) Land,Land Improvements and Construction in Progress 30,274,710 1,442,971 31,717,681 Infrastructure 28,580,530 38,318,432 66,898,962 Building and Improvements 12,486,849 12,486,849 Equipment and Vehicles 3,055,284 14,535,538 17,590,822 Total Capital Assets 74,397,373 54,296,941 128,694,314 Other Assets Assets Held for Others 11,091,000 11,091,000 Deferred Charges 50,180 697,322 747,502 Total Other Assets 50,180 11,788,322 11,838,502 Total Assets 83,880,610 70,958,526 154,839,136 See accompanying Notes to the Financial Statements. 13 Governmental Business-Type Activities Activities Total LIABILITIES Current Liabilities Accounts Payable 689,702 85,353 775,055 Retainage Payable 3,201 3,201 Accrued Payroll 99,928 18,539 118,467 Interest Payable 218,758 335,151 553,909 Unearned Revenue 4,514,986 1,890,906 6,405,892 Other 417,495 417,495 Total Current Liabilities 5,944,070 2,329,949 8,274,019 Noncurrent Liabilities Long-term Obligations Due Within One Year Bonds Payable 790,000 1,260,000 2,050,000 Debt Certificates Payable 95,000 620,000 715,000 IEPA Loans Payable 208,563 208,563 Notes Payable 153,254 153,254 Compensated Absences 242,538 46,710 289,248 Other Liabilities 275,868 275,868 Long-term Obligations Due in More Than One Year Bonds Payable 13,925,000 17,345,000 31,270,000 Debt Certificates Payable 95,000 8,444,112 8,539,112 IEPA Loans Payable 2,275,319 2,275,319 Notes Payable 849,715 849,715 Compensated Absences 299,148 71,339 370,487 Net Pension Obligation 398,325 398,325 Other Post-employment Benefits 7,007 7,007 Other Liabilities 2,021,090 2,021,090 Total Noncurrent Liabilities 16,854,987 32,568,001 49,422,988 Total Liabilities 22,799,057 34,897,950 57,697,007 NET ASSETS Invested in Capital Assets,Net of Related Debt 61,594,404 33,166,989 94,761,393 Restricted for Capital Improvements 2,736,585 2,736,585 Debt Service 578,443 285,000 863,443 Unrestricted (3,827,879) 2,608,587 (1,219,292) Total Net Assets $ 61,081,553 36,060,576 97,142,129 14 UNITED CITY OF YORKVILLE,ILLINOIS Statement of Activities For the Year Ended April 30,2011 Program Revenues Operating Capital Charges for Grants and Grants and Functions/Pro rg ams Expenses Service Contributions Contributions Primary Government Governmental Activities General Government $ 4,757,527 1,840,958 53,537 64,000 Public Safety 3,287,448 Community Development 394,687 Public Works 3,420,923 674,767 1,532,067 Library 1,170,275 48,983 17,193 Culture and Recreation 1,645,468 342,311 85,270 Interest on Long-Term Debt 723,246 Total Governmental Activities 15,399,574 2,232,252 830,767 1,596,067 Business-Type Activities Sewer 1,628,159 1,476,558 171,170 Water 2,396,100 2,543,796 70,174 Recreation Center 688,218 620,020 Total Business-Type Activities 4,712,477 4,640,374 - 241,344 Total Primary Government $ 20,112,051 6,872,626 830,767 1,837,411 General Revenues Property Taxes Sales Taxes Income Taxes Utility Tax Other Taxes Total Taxes Investment Earnings Miscellaneous Transfers Total General Revenues and Transfers Change in Net Assets Net Assets-Beginning Net Assets-Ending See accompanying Notes to the Financial Statements. 15 Net(Expense)Revenue and Changes in Net Assets Governmental Business-Type Activities Activities Total (2,799,032) (2,799,032) (3,287,448) (3,287,448) (394,687) (394,687) (1,214,089) (1,214,089) (1,104,099) (1,104,099) (1,217,887) (1,217,887) (723,246) (723,246) (10,740,488) - (10,740,488) 19,569 19,569 217,870 217,870 (68,198) (68,198) - 169,241 169,241 (10,740,488) 169,241 (10,571,247) 4,281,902 4,281,902 2,577,651 2,577,651 1,306,325 1,306,325 1,614,294 1,614,294 780,863 780,863 10,561,035 - 10,561,035 6,762 3,401 10,163 764,528 764,528 174,908 (174,908) 11,507,233 (171,507) 11,335,726 766,745 (2,266) 764,479 60,314,808 36,062,842 96,377,650 61,081,553 36,060,576 97,142,129 16 UNITED CITY OF YORKVILLE,ILLINOIS Governmental Funds Balance Sheet April 30,2011 Nonmajor Total General Library Governmental Governmental Fund Fund Funds Funds Assets Cash and Cash Equivalents $ 349,841 4,029,552 4,379,393 Receivables Property Taxes Receivable 2,749,964 1,395,800 324,179 4,469,943 Intergovernmental Receivables 1,576,444 347,407 1,923,851 Accounts Receivable 488,780 755 5,424 494,959 Utility Taxes Receivable 239,106 239,106 Interfund Receivables 100,000 585,713 685,713 Prepaid Items 136,917 8,487 145,404 Total Assets $ 5,291,211 1,746,396 5,300,762 12,338,369 Liabilities Accounts Payable $ 531,957 23,229 134,516 689,702 Retainage Payable 3,201 3,201 Accrued Payroll 75,382 10,031 14,515 99,928 Deferred Revenue 3,180,412 1,395,800 352,373 4,928,585 Other Liabilities 198,074 219,421 417,495 Interfund Payables 1,577,286 1,328,026 2,905,312 Total Liabilities 5,563,111 1,429,060 2,052,052 9,044,223 Fund Balances Reserved for Prepaid Items 136,917 8,487 145,404 Capital Purposes 2,736,585 2,736,585 Debt Service 578,443 578,443 Unreserved,Undesignated Reported In General Fund (408,817) (408,817) Special Revenue Funds 317,336 511,567 828,903 Capital Project Funds (586,372) (586,372) Total Fund Balances (271,900) 317,336 3,248,710 3,294,146 Total Liabilities and Fund Balances $ 5,291,211 1,746,396 5,300,762 12,338,369 See accompanying Notes to the Financial Statements. 17 UNITED CITY OF YORKVILLE,ILLINOIS Reconciliation of the Balance Sheet of Governmental Funds to the Statement of Net Assets April 30,2011 Total Fund Balances-Governmental Funds $ 3,294,146 Amounts reported for governmental activities in the Statement of Net Assets are different because: Capital assets used in governmental activities are not financial resources and, therefore,are not reported in the funds. 74,397,373 Costs related to the issuance of long-term debt are recorded as expenditures when incurred in the governmental funds,but are amortized over the life of the debt issue in the Statement of Net Assets. 50,180 Revenues in the Statement of Activities which do not provide current financial resources are deferred in the fund financial statements. 413,599 Long-term liabilities are not due and payable in the current period and,therefore, are not reported in the funds. (15,907,969) Interest on long-term liabilities is shown as an expenditure when paid by the funds,but accrued in the Statement of Net Assets. (218,758) Compensated absences,net pension obligation,other post-employment benefits,and other obligations that do not consume current financial resources are not reported in the funds,but are accrued in the Statement of Net Assets. (947,018) Net Assets of Governmental Activities $ 61,081,553 See accompanying Notes to the Financial Statements. 18 UNITED CITY OF YORKVILLE,ILLINOIS Governmental Funds Statement of Revenues,Expenditures, and Changes in Fund Balances For the Year Ended April 30,2011 Nonmajor Total General Library Governmental Governmental Fund Fund Funds Funds Revenues Property Taxes $ 2,521,570 1,252,191 343,845 4,117,606 Township Road and Bridge Taxes 164,296 164,296 Sales Tax 2,569,233 2,569,233 Income Tax 1,315,321 1,315,321 Intergovernmental 523,767 523,767 Utility Tax 873,999 873,999 Other Taxes 1,521,787 7,217 1,529,004 Charges for Services 1,298,042 220,962 1,519,004 Licenses,Permits and Fees 241,752 34,822 209,690 486,264 Fines and Forfeits 201,236 14,161 12,612 228,009 Investment Income 1,760 694 4,308 6,762 Grants 53,537 17,193 569,940 640,670 Contributions 2,784 1,883 7,544 12,211 Other Revenue 517,298 5,885 228,109 751,292 Total Revenues 11,282,615 1,334,046 2,120,777 14,737,438 Expenditures Current General Government 4,713,073 11,247 4,724,320 Public Safety 2,883,253 3,060 2,886,313 Community Development 395,291 395,291 Public Works 1,788,538 249,920 2,038,458 Library 975,587 975,587 Culture and Recreation 1,360,244 1,360,244 Total Current Expenditures 9,780,155 975,587 1,624,471 12,380,213 Capital Outlays 6,200 369,830 376,030 Debt Service Principal 225,000 671,544 896,544 Interest and Fees 380,925 352,181 733,106 Total Debt Service Expenditures - 605,925 1,023,725 1,629,650 Total Expenditures 9,780,155 1,587,712 3,018,026 14,385,893 Excess(Deficiency)of Revenues Over Expenditures 1,502,460 (253,666) (897,249) 351,545 Other Financing Sources(Uses) Transfers In 235,357 1,612,778 1,848,135 Transfers Out (1,516,778) (156,449) (1,673,227) Total Other Financing Sources(Uses) (1,281,421) - 1,456,329 174,908 Net Change in Fund Balances 221,039 (253,666) 559,080 526,453 Fund Balances at Beginning of Year (492,939) 571,002 2,689,630 2,767,693 Fund Balances at End of Year S (271,900) 317,336 3,248,710 3,294,146 See accompanying Notes to the Financial Statements. 19 UNITED CITY OF YORKVILLE,ILLINOIS Reconciliation of the Statement of Revenues,Expenditures,and Changes in Fund Balances of Governmental Funds to the Statement of Activities For the Year Ended April 30,2011 Net Change in Fund Balances-Total Governmental Funds $ 526,453 Amounts reported for governmental activities in the Statement of Activities are different because: Governmental funds report capital outlays as expenditures. However,in the Statement of Activities the cost of those assets is allocated over their estimated useful lives and reported as depreciation expense. This is the amount by which depreciation($2,016,914) and disposals($1,582)exceeded capital outlays($467,746)plus contributions($1,532,067) in the current period. (18,683) The issuance of long-term debt provides current financial resources to governmental funds,while the repayment of the principal of long-term debt consumes the current financial resources of governmental funds. Neither transaction,however,has no effect on net assets. This amount represents principal reductions during the year. 896,544 Interest on long-term debt is shown as a fund expenditure when paid,but is accrued in the Statement of Activities. 9,860 Costs related to the issuance of debt were reported as changes in current financial resources in the governmental funds;however,these amounts are deferred and amortized in the Statement of Activities. This is the amount of current year amortization expense. (7,880) Revenues in the Statement of Activities that do not provide current financial resources are not reported in the fund financial statements. This is the net change of revenues deferred/recognized during the year. (278,094) Change in compensated absences,net pension obligation,other post-employment benefits,and other obligations that do not consume current financial resources are not recorded as an expenditure in the fund statements,but are reported in the Statement of Activities. (361,455) Change in Net Assets of Governmental Activities $ 766,745 See accompanying Notes to the Financial Statements. 20 UNITED CITY OF YORKVILLE,ILLINOIS General Fund Statement of Revenues,Expenditures,and Changes in Fund Balance-Budget and Actual For the Year Ended April 30,2011 Original and Variance from Final Budget Budget Actual Over(Under) Revenues Property Taxes $ 2,450,000 2,521,570 71,570 Township Road and Bridge Taxes 160,000 164,296 4,296 Sales Tax 2,440,000 2,569,233 129,233 Income Tax 1,300,000 1,315,321 15,321 Utility Tax 961,000 873,999 (87,001) Other Taxes 1,496,412 1,521,787 25,375 Charges for Services 1,171,503 1,298,042 126,539 Licenses,Permits and Fees 322,670 241,752 (80,918) Fines and Forfeits 382,550 201,236 (181,314) Investment Income 3,000 1,760 (1,240) Grants 1,803 53,537 51,734 Contributions 2,020 2,784 764 Other Revenue 406,710 517,298 110,588 Total Revenues 11,097,668 11,282,615 184,947 Expenditures Current General Government 4,308,349 4,713,073 404,724 Public Safety 3,190,934 2,883,253 (307,681) CommunityDevelopmcnt 446,179 395,291 (50,888) Public Works 1,762,724 1,788,538 25,814 Total Expenditures 9,708,186 9,780,155 71,969 Excess of Revenues over Expenditures 1,389,482 1,502,460 112,978 Other Financing Sources(Uses) Transfers In 335,357 235,357 (100,000) Transfers Out (1,668,794) (1,516,778) 152,016 Total Other Financing Sources(Uses) (1,333,437) (1,281,421) 52,016 Net Change in Fund Balance 56,045 221,039 164,994 Fund Balance at Beginning of Year (492,939) (492,939) Fund Balance at End of Year $ (436,894) (271,900) 164,994 See accompanying Notes to the Financial Statements. 21 UNITED CITY OF YORKVILLE,ILLINOIS Library Fund Statement of Revenues,Expenditures,and Changes in Fund Balance-Budget and Actual For the Year Ended April 30,2011 Original and Variance from Final Budget Budget Actual Over(Under) Revenues Property Taxes $ 1,255,924 1,252,191 (3,733) Other Taxes Personal Property Replacement Taxes 5,000 7,217 2,217 Licenses,Permits and Fees Fees for Programs 36 36 Development Fees-Building 20,000 8,825 (11,175) Development Fees-Books 20,000 8,825 (11,175) Copy Fees 3,000 3,339 339 Library Subscription Cards 15,000 13,742 (1,258) Exam Proctoring Fees 55 55 Total Licenses,Permits and Fees 58,000 34,822 (23,178) Fines 9,000 14,161 5,161 Investment Income 10,000 694 (9,306) Contributions 3,000 1,883 (1,117) Grants 17,500 17,193 (307) Other Revenue Rental Income 1,000 5,585 4,585 Sale of Books 500 300 (200) Total Other Revenue 1,500 5,885 4,385 Total Revenues 1,359,924 1,334,046 (25,878) Expenditures Current Library Salaries-Employees 650,000 501,353 (148,647) Group Health Insurance 70,000 76,487 6,487 Group Life Insurance 2,000 1,200 (800) Dental and Vision Assistance 6,000 6,159 159 Bonding 5,000 3,222 (1,778) Attorney 10,000 4,175 (5,825) Contract Services 40,000 28,602 (11,398) See accompanying Notes to the Financial Statements. 22 (Cont.) UNITED CITY OF YORKVILLE,ILLINOIS Library Fund Statement of Revenues,Expenditures,and Changes in Fund Balance-Budget and Actual(Cont.) For the Year Ended April 30,2011 Original and Variance from Final Budget Budget Actual Over(Under) Expenditures(Cont.) Current(Cont.) Library(Cont.) Maintenance-Bldg/Janitorial 30,000 22,188 (7,812) Maintenance-Office Equipment 20,000 2,180 (17,820) Maintenance-Photocopier 15,000 1,007 (13,993) Electricity/Gas 48,000 11,484 (36,516) Telephone 8,000 9,055 1,055 Database 15,000 3,888 (11,112) Subscriptions 15,000 7,402 (7,598) Training and Conferences 5,000 949 (4,051) Public Relations 2,000 112 (1,888) Employee Recognition 4,000 93 (3,907) Contingencies 144,561 6,705 (137,856) Library Supplies 15,000 3,736 (11,264) Custodial Supplies 20,000 6,995 (13,005) Office Supplies 15,000 5,049 (9,951) Postage and Shipping 2,500 2,104 (396) Publishing and Advertising 2,000 130 (1,870) Mileage 1,000 593 (407) Videos 25,000 7,715 (17,285) Library Programming 20,000 8,172 (11,828) Library Board Expenses 2,000 (2,000) Books-Adult 50,000 30,312 (19,688) Books-Juvenile 50,000 40,713 (9,287) Books-Audio 30,000 9,526 (20,474) Books-Reference 35,000 11,394 (23,606) Books-Development Fee 20,000 9,343 (10,657) Memorials/Gifts 3,000 1,622 (1,378) Bldg-Development Fees 20,000 33,423 13,423 CD's/Music 15,000 2,122 (12,878) Meeting Room 1,000 800 (200) IMRF Participants 22,000 21,607 (393) Social Security/Medicare 55,000 37,766 (17,234) Computer Equipment&Software 20,000 7,637 (12,363) Automation 40,000 48,567 8,567 Total Current Expenditures 1,553,061 975,587 (577,474) See accompanying Notes to the Financial Statements. 23 UNITED CITY OF YORKVILLE,ILLINOIS Library Fund Statement of Revenues,Expenditures,and Changes in Fund Balance-Budget and Actual(Cont.) For the Year Ended April 30,2011 Original and Variance from Final Budget Budget Actual Over(Under) Expenditures(Cont.) Capital Outlay Building Expansion 6,200 6,200 Debt Service Principal 225,000 225,000 Interest 380,925 380,925 Total Debt Service 605,925 605,925 - Total Expenditures 2,158,986 1,587,712 (571,274) Net Change in Fund Balance (799,062) (253,666) 545,396 Fund Balance at Beginning of Year 571,002 571,002 Fund Balance at End of Year $ (228,060) 317,336 545,396 See accompanying Notes to the Financial Statements. 24 UNITED CITY OF YORKVILLE,ILLINOIS Proprietary Funds Statement of Net Assets April 30,2011 Nonmajor Recreation Sewer Water Center Fund Fund Fund Total Assets Current Assets Receivables Property Taxes Receivable $ 1,754,690 133,866 1,888,556 Accounts,Net of Allowance 122,455 339,653 462,108 Interfund Receivables 2,281,063 137,277 2,418,340 Prepaid Items 285,000 18,000 303,000 Total Current Assets 4,158,208 895,796 18,000 5,072,004 Noncurrent Assets Capital Assets not being Depreciated 1,442,971 1,442,971 Capital Assets being Depreciated,Net 21,607,754 31,246,216 52,853,970 Total Noncurrent Assets 21,607,754 32,689,187 - 54,296,941 Other Assets Assets Held for Others 11,091,000 11,091,000 Deferred Charges 84,395 612,927 697,322 Total Other Assets 11,175,395 612,927 11,788,322 Total Assets 36,941,357 34,197,910 18,000 71,157,267 See accompanying Notes to the Financial Statements. 25 Nonmajor Recreation Sewer Water Center Fund Fund Fund Total Liabilities Current Liabilities Accounts Payable 20,173 58,373 6,807 85,353 Accrued Payroll 5,514 7,836 5,189 18,539 Interest Payable 227,581 107,570 335,151 Interfund Payable 198,741 198,741 Unearned Revenue 1,754,690 133,866 2,350 1,890,906 Current Portion of Long-Term Debt Bonds Payable 1,160,000 100,000 1,260,000 Debt Certificates Payable 265,000 355,000 620,000 IEPA Loans Payable 122,963 85,600 208,563 Compensated Absences 17,074 27,638 1,998 46,710 Other Liabilities 275,868 275,868 Total Current Liabilities 3,572,995 1,151,751 215,085 4,939,831 Noncurrent Liabilities Bonds Payable 12,840,000 4,505,000 17,345,000 Debt Certificates Payable 1,905,000 6,539,112 8,444,112 IEPA Loans Payable 762,455 1,512,864 2,275,319 Compensated Absences 24,180 47,159 71,339 Other Liabilities 1,098,446 922,644 2,021,090 Total Noncurrent Liabilities 16,630,081 13,526,779 - 30,156,860 Total Liabilities 20,203,076 14,678,530 215,085 35,096,691 Net Assets Invested in Capital Assets-Net of Related Debt 14,773,893 18,393,096 33,166,989 Restricted for Debt Service 285,000 285,000 Unrestricted 1,964,388 841,284 (197,085) 2,608,587 Total Net Assets $ 16,738,281 19,519,380 (197,085) 36,060,576 26 UNITED CITY OF YORKVILLE,ILLINOIS Proprietary Funds Statement of Revenues,Expenses,and Changes in Fund Net Assets For the Year Ended April 30,2011 Nonmajor Recreation Sewer Water Center Fund Fund Fund Total Operating Revenues Charges for Services $ 731,743 1,753,713 608,154 3,093,610 Other Revenue 4,815 8,755 11,866 25,436 Total Operating Revenues 736,558 1,762,468 620,020 3,119,046 Operating Expenses Operations 405,241 1,095,220 688,218 2,188,679 Depreciation 427,322 777,189 1,204,511 Total Operating Expenses 832,563 1,872,409 688,218 3,393,190 Operating Loss (96,005) (109,941) (68,198) (274,144) Nonoperating Revenues(Expenses) Connection Fees 740,000 96,140 836,140 Recapture Fees 685,188 685,188 Investment Income 1,517 1,884 3,401 Amortization Expense (28,103) (91,873) (119,976) Interest Expense (767,493) (431,818) (1,199,311) Total Nonoperating Revenues(Expenses) (54,079) 259,521 - 205,442 Income(Loss)before Contributions and Transfers (150,084) 149,580 (68,198) (68,702) Contributions and Transfers Contributions-Capital Assets 171,170 70,174 241,344 Transfers In 82,850 82,850 Transfers Out (165,895) (91,863) (257,758) Total Contributions and Transfers 5,275 61,161 - 66,436 Change in Net Assets (144,809) 210,741 (68,198) (2,266) Net Assets at Beginning of Year 16,883,090 19,308,639 (128,887) 36,062,842 Net Assets at End of Year $16,738,281 19,519,380 (197,085) 36,060,576 See accompanying Notes to the Financial Statements. 27 UNITED CITY OF YORKVILLE,ILLINOIS Proprietary Funds Statement of Cash Flows For the Year Ended April 30,2011 Nonmajor Recreation Sewer Water Center Fund Fund Fund Total Cash Flows from Operating Activities Cash Received From Customers $ 737,649 1,495,417 620,020 2,853,086 Cash Payments For Goods and Services (140,585) (801,461) (464,849) (1,406,895) Cash Payments To Employees (238,552) (209,108) (222,423) (670,083) Net Cash Provided(Used)by Operating Activities 358,512 484,848 (67,252) 776,108 Cash Flows from Noncapital Financing Activities Interfund Activity,Net 344,459 (148,730) 67,252 262,981 Transfers In 82,850 82,850 Transfers Out (165,895) (91,863) (257,758) Net Cash Provided(Used)by Noncapital Financing Activities 178,564 (157,743) 67,252 88,073 Cash Flows from Capital and Related Financing Activities Connection and Recapture Fees 740,000 781,328 1,521,328 Principal Paid on Capital Debt (555,461) (739,365) (1,294,826) Interest Paid on Capital Debt (723,132) (370,952) (1,094,084) Net Cash Used by Capital and Related Financing Activities (538,593) (328,989) - (867,582) Cash Flows Provided by Investing Activities Investment Income 1,517 1,884 3,401 Net Increase in Cash and Cash Equivalents - - - - Cash and Cash Equivalents at Beginning of Year Cash and Cash Equivalents at End of Year $ - - Reconciliation of Operating Loss to Net Cash Provided(Used)by Operating Activities Operating Loss $ (96,005) (109,941) (68,198) (274,144) Adjustments to Reconcile Operating Loss to Net Cash Provided(Used)by Operating Activities Depreciation 427,322 777,189 1,204,511 Changes in Assets and Liabilities: Accounts and Other Receivables 1,091 (267,051) (265,960) Prepaid Items (70,000) (500) (70,500) Accounts Payable 6,598 (4,437) (1,909) 252 Accruals and Other Liabilities 19,506 159,088 3,355 181,949 Net Cash Provided(Used)by Operating Activities $ 358,512 484,848 (67,252) 776,108 Non-cash Transactions Developer Contributions of Systems $ 171,170 70,174 241,344 See accompanying Notes to the Financial Statements. 28 UNITED CITY OF YORKVILLE,ILLINOIS Trust and Agency Funds Statement of Fiduciary Net Assets April 30,2011 Pension Agency Trust Fund Funds Assets Cash and Cash Equivalents $ 90,913 594,176 Investments U.S.Treasury Securities 1,138,322 U.S.Agency Securities 1,036,120 Mutual Funds 1,930,868 Receivables Interest Receivable 20,692 Accounts Receivable 546,103 Total Assets 4,216,915 1,140,279 Liabilities Accounts Payable 634,272 Due to Other Governments 506,007 Other Liabilities 60 Total Liabilities 60 1,140,279 Net Assets Held for Employees'Pension Benefits $ 4,216,855 - See accompanying Notes to the Financial Statements. 29 UNITED CITY OF YORKVILLE,ILLINOIS Pension Trust-Police Pension Trust Fund Statement of Changes in Fiduciary Net Assets For the Year Ended April 30,2011 Additions Contributions Employer $ 336,075 Plan Members 177,483 Total Contributions 513,558 Investment Income Net Increase in Fair Value of Investments 306,328 Dividend Income 26,049 Interest Income 89,752 Less Investment Expense (12,866) Net Investment Income 409,263 Total Additions 922,821 Deductions Benefit Payments 334,754 Legal Expenses 2,700 Administrative Expenses 11,866 Total Deductions 349,320 Change in Net Assets 573,501 Net Assets-Beginning of Year 3,643,354 Net Assets-End of Year $ 4,216,855 See accompanying Notes to the Financial Statements. 30 UNITED CITY OF YORKVILLE,ILLINOIS Notes to the Financial Statements April 30,2011 1. Summary of Significant Accounting Policies The United City of Yorkville(City)is an Illinois unit of local government. The financial statements include all functions,programs and activities under control of the City Council. The City's major operations include public safety, public works, library, culture and recreation, community development, water and sewer services, and general administration. The City Council has oversight responsibility for the City, the Public Library and the Park and Recreation Board. Oversight responsibility includes designation of management and all other control over operations of these entities. The financial statements of the City have been prepared in accordance with accounting principles generally accepted in the United States of America (GAAP) as applicable to governments, as promulgated by the Governmental Accounting Standards Board (GASB). The following is a summary of the significant accounting policies: A. Reporting Entity The City of Yorkville has adopted the provision of Government Accounting Standards Board(GASB) Statement No. 14, The Financial Reporting Entity, and Statement No. 39, Determining Whether Certain Organizations are Component Units, under which the financial statements include all the organizations, activities, functions and component units for which the City is financially accountable. Financial accountability is defined as the appointment of a voting majority of the component unit's board,and either(1)the City's ability to impose its will over the component unit, or(2)the possibility that the component unit will provide a financial benefit to or impose a financial burden on the City. Included within the reporting entity as part of the primary government: City of Yorkville Public Library The Board of the City of Yorkville Public Library is appointed by the City's Mayor and approved by the City Council. Although the Library Board has taxing authority, its levy request must be included with the City's overall tax levy and is not considered legally separate from the City. City of Yorkville Park and Recreation Board The City of Yorkville Park and Recreation Board is appointed by the City's Mayor and approved by the City Council and is not considered legally separate from the City. Police Pension Fund The City established a Police Pension Fund during fiscal year 2002,in accordance with State Statutes which require such a fund for municipalities with populations in excess of 5,000. Credits which were previously earned by police employees in the IMRF plan were transferred to the fund. The Police Pension Employees Retirement System (PPERS) functions for the benefit of these employees and is governed by a five member pension board. Two members are appointed by the Mayor,one is elected from pension beneficiaries and two are elected from active police employees. The City and PPERS participants are obligated to fund all PPERS costs based upon actuarial valuations. The City's contribution will be funded through an annual property tax levy. The State of Illinois is authorized to establish benefit levels and the City is authorized to approve the actuarial assumptions used in the determination of contribution levels. Although it is legally separate from the City, the PPERS is reported as if it were part of the City because its sole purpose is to provide retirement benefits for the City's police employees. The PPERS is reported as a pension trust fund. 31 UNITED CITY OF YORKVILLE,ILLINOIS Notes to the Financial Statements April 30,2011 1. Summary of Significant Accounting Policies(Cont.) B. Basis of Presentation The City's basic financial statements consist of government-wide statements, including a statement of net assets and a statement of activities, and fund financial statements which provide a more detailed level of financial information. Fund accounting segregates funds according to their intended purpose, and is used to aid Management in demonstrating compliance with finance-related legal and contractual provisions. The government-wide focus is more on the sustainability of the City as an entity and the change in aggregate financial position resulting from activities of the fiscal period. Government-wide Financial Statements The statement of net assets and the statement of activities display information about the City as a whole. In the government-wide statement of net assets, both the governmental and business-type activities columns are presented on a consolidated basis by column. These statements include the financial activities of the primary government, except for fiduciary activities. The effect of interfund activity has been removed from these statements. Governmental activities, which normally are supported by taxes and intergovernmental revenues, are reported separately from business-type activities,which rely to a significant extent on fees and charges for support. The government-wide statement of activities reflects both the direct expenses and net cost of each function of the City's governmental activities and business-type activities. Direct expenses are those that are clearly identifiable with a specific function. Program revenues include charges paid by the recipient for the goods or services offered by the program, grants and contributions that are restricted to meeting the operational or capital requirements of a particular program, and interest earned on grants that is required to be used to support a particular program. For identifying the function to which program revenue pertains, the determining factor for charges for service is which function generates the revenue. For grants and contributions, the determining factor is the function to which the revenues are restricted. Revenues, which are not classified as program revenues, are presented as general revenues of the City,with certain limited exceptions. The comparison of direct expenses with program revenues identifies the extent to which each government function or business segment is self-financing or draws from the general revenues of the City. Fund Financial Statements The financial transactions of the City are recorded in individual funds. A fund is defined as a fiscal and accounting entity with a self-balancing set of accounts that comprise its assets, liabilities, fund equity, revenues, and expenditures or expenses, as appropriate. Separate statements for each fund category—governmental,proprietary, and fiduciary—are presented. The emphasis of fund financial statements is on major governmental and enterprise funds,each displayed in a separate column. All remaining governmental and enterprise funds are aggregated and presented as nonmajor funds. The City reports the following major governmental funds: The General Fund is the general operating fund of the City. It is used to account for all financial resources,except those required to be accounted for in another fund. The Library Fund is used to record activity relating to the Yorkville Public Library. 32 UNITED CITY OF YORKVILLE,ILLINOIS Notes to the Financial Statements April 30,2011 1. Summary of Significant Accounting Policies(Cont.) B. Basis of Presentation(Cont.) Fund Financial Statements(Cont.) Enterprise Funds are used to account for operations (a) that are financed and operated in a manner similar to private business enterprises — 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 revenues earned, expenses incurred and/or net income is appropriate for capital maintenance, public policy, management control, accountability or other purposes. The City reports the following major enterprise funds: Sewer Fund—This fund accounts for the operation and sewer infrastructure maintenance of the City-owned sewer system, as well as the construction of new sewer systems within the City limits. Revenues are generated through user maintenance fees. Water Fund—This fund accounts for the operation and maintenance of the City-owned water distribution system and construction of new water systems. Revenues are generated through charges to users based on water consumption. Additionally,the City also reports a pension trust fund and two agency funds. The pension trust fund accounts for the activities of the City's public safety employees' (police) retirement system, which accumulates resources for pension benefit payments to qualified public safety employees. The agency funds reported by the City represent funds that are custodial in nature and do not involve measurement of results of operations. Neither of these fund types is included in the government-wide statement of net assets or statement of activities. C. Measurement Focus and Basis of Accounting The government-wide financial statements, as well as the proprietary and fiduciary fund financial statements, are reported using the economic resources measurement focus and the accrual basis of accounting. The economic resources measurement focus means all assets and liabilities (whether current or noncurrent) are included on the balance sheet and the operating statements present increases (revenues) and decreases (expenses) in total net assets. Under the accrual basis of accounting, revenues are recognized when earned and measurable, and expenses are recognized as incurred,regardless of the timing of related cash flows. Governmental fund financial statements are reported using the current financial resources measurement focus and the modified accrual basis of accounting. Revenues are recognized as soon as they are both measurable and available. Revenues are considered to be available when they are collectible within the current period or soon enough thereafter to pay liabilities of the current period. For this purpose the City considers revenues to be available if they are collected within sixty (60) days of the end of the current fiscal period. Due to the State of Illinois' fiscal difficulties and the resulting delay in distributing receipts to local municipalities, the 60 day availability period for state income taxes was extended in the accompanying financial statements in order to record 12 months worth of tax collections. Revenues accrued at the end of the year include charges for services, 33 UNITED CITY OF YORKVILLE,ILLINOIS Notes to the Financial Statements April 30,2011 1. Summary of Significant Accounting Policies(Cont.) C. Measurement Focus and Basis of Accounting(Cont.) licenses and permits, fines and forfeits, intergovernmental revenues, investment earnings, property taxes, sales taxes,income taxes, and other State-shared taxes. All other revenue items are considered to be measurable and available only when cash is received by the government. Nonexchange transactions, in which the City receives value without directly giving equal value in return, include taxes, grants, and donations. Expenditures generally are recorded when a liability is incurred, as under accrual accounting. However, debt service expenditures, as well as expenditures related to compensated absences and claims and judgments,are recorded only when payment is due. Differences occur from the manner in which the governmental activities within the government-wide financial statements are prepared due to the inclusion of capital asset and long-term debt activity. Governmental fund financial statements,therefore, include a reconciliation with brief explanations to better identify the relationship between the government-wide statements and the statements for governmental funds. Private-sector standards of accounting and financial reporting issued prior to December 1, 1989, generally are followed in both the government-wide and proprietary fund financial statements to the extent that those standards do not conflict with or contradict guidance of the Governmental Accounting Standards Board. Proprietary funds separate all activity into two categories: operating and non-operating revenues and expenses. Operating revenues and expenses result from providing services and producing and delivering goods. Non-operating revenues and expenses include capital and non-capital financing activities and investing activities. Proprietary fund operating revenues, such as charges for services, result from exchange transactions associated with the principal activity of the fund. Exchange transactions are those in which each party receives and gives up essentially equal values. Non-operating revenues, such as subsidies and investment earnings,result from nonexchange transactions or ancillary activities. D. Budgets and Budgetary Accounting Budgets are adopted on a basis consistent with accounting principles generally accepted in the United States of America (GAAP), except for capital acquisitions and depreciation expense in proprietary funds. Annual budgets are adopted for all funds. All annual appropriations lapse at fiscal year end. The City follows these procedures in establishing the budgetary data reflected in the financial statements: 1) Prior to May 1,the Mayor submits to the City Council the proposed budget for the fiscal year commencing the following May 1. The operating budget includes proposed expenditures and the means of financing them. 2) Public hearings are conducted at the City Offices to obtain taxpayer comments. 3) Prior to May 1,the budget is legally adopted by a vote of the City Council through passage of an ordinance. 34 UNITED CITY OF YORKVILLE,ILLINOIS Notes to the Financial Statements April 30,2011 1. Summary of Significant Accounting Policies(Cont.) D. Budgets and Budgetary Accounting(Cont.) The budget officer is authorized to transfer budgeted amounts between departments within any fund; however, any revisions that alter the total expenditures of any fund must be approved by the City Council. E. Capital Assets Capital assets,which include property,plant,equipment,and infrastructure assets(e.g.,roads,bridges and similar items), are reported in the applicable governmental or business-type activities columns in the government-wide financial statements. Capital assets are defined by the City as assets with an initial, individual cost above a set dollar threshold based on the asset type (see chart below). All capital assets are valued at historical cost or estimated historical cost if actual historical cost is not available. Donated capital assets are recorded at estimated fair market 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 lives are not capitalized. All reported capital assets except land and construction in progress are depreciated. Depreciation on all assets is provided on the straight-line basis over the following estimated useful lives: Estimated Capitalization Useful Threshold Lives Land $ 25,000 N/A Land Improvements 20,000 N/A Site Improvements 20,000 3 -50 years Buildings 50,000 10-50 years Building Improvements 25,000 10-20 years Vehicles,Machinery and Equipment 5,000 3- 10 years Software 25,000 2-7 years Infrastructure-Street Network 50,000 30-40 years Infrastructure-Water Network 75,000 20-75 years Infrastructure-Sanitary Network 75,000 25-60 years Infrastructure-Storm Sewer 50,000 20-60 years F. Investments Investments are recorded at fair value. Fair value for the investment in the Illinois Funds Money Market is the same as the value of the pool shares. State statute requires the State Treasurer's Illinois Funds Money Market to comply with the Illinois Public Funds Investment Act. G. Allowance for Uncollectible Taxes No provision for uncollectible taxes on the current year's levy has been provided,based on the City's collection experience. The City's policy is to write off uncollected taxes receivable of prior years. 35 UNITED CITY OF YORKVILLE,ILLINOIS Notes to the Financial Statements April 30,2011 1. Summary of Significant Accounting Policies(Cont.) H. Estimates Management uses estimates and assumptions in preparing financial statements. Those estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenues and expenditures. Actual results could differ from those estimates. I. Property Tax Revenue Recognition Property taxes (2010 levy) were levied in November of 2010 by passage of a Tax Levy Ordinance. 2010 taxes attach as an enforceable lien on January 1, 2011. Tax bills are prepared by Kendall County and issued on or about February 1, 2011. They are payable in two installments on or about July 1, 2011 and on or about September 1, 2011. The County collects and distributes such taxes to the taxing authorities within the County. Property tax revenues are recognized when they become both measurable and available. Property tax revenue recorded during the current fiscal year primarily represents receipts of the 2009 tax levy. Substantially all property taxes recorded as receivable by the City as April 30, 2011 are anticipated to be received by November 1, 2011. As these taxes are levied to fund operations for the 2011-2012 fiscal year,the revenue has been deferred at April 30, 2011 for both fund and government-wide reporting. J. Deferred Revenue Deferred revenues arise when potential revenue does not meet both the measurable and available criteria. Deferred revenues also arise when resources are received prior to the government having a legal claim to them. In a subsequent period when both recognition criteria are met, or when the government has a legal claim to the resources,the liability is removed and the revenue recognized. K. Interfund Receivables and Payables Activity between funds that are representative of lending/borrowing arrangements outstanding at the end of the fiscal year are referred to as either"Interfund Payables/Receivables" for the current portion of interfund loans or "Advances to/from Other Funds" for the noncurrent portion of interfund loans. Any residual balances outstanding between the governmental activities and business-type activities are reported in the government-wide financial statements as "Internal Balances." Noncurrent advances between funds, if any, as reported in the fund financial statements, are offset by a fund balance reserve account in applicable governmental funds to indicate that they are not available for appropriation and are not expendable available financial resources. L. Compensated Absences Vested or accumulated vacation leave that is expected to be liquidated with expendable available financial resources is reported as an expenditure and fund liability of the governmental fund that will pay it. The government-wide financial statements record unused vacation leave as expenses and liabilities when earned by employees. Vested or accumulated vacation leave of proprietary funds is recorded as an expense and liability of those funds as the benefits accrue to employees. In addition, an accrual for sick time has been made in long-term liabilities for eligible employees. The City's policy allows employees who have been employed by the City for ten years or more to receive payment for 50%of their unused accumulated sick time at retirement. 36 UNITED CITY OF YORKVILLE,ILLINOIS Notes to the Financial Statements April 30,2011 1. Summary of Significant Accounting Policies(Cont.) M. Long-Term Debt In the government-wide financial statements and in the proprietary funds financial statements, long-term obligations are reported as liabilities in the applicable governmental activities, business- type activities and proprietary fund type financial statements. Bonds payable are reported at face value. Net bond premiums, discounts, and/or issuance costs are reported as deferred charges and amortized over the term of the related debt. In the fund financial statements,governmental fund types recognize bond premiums and discounts,as well as bond issuance costs, during the current period. The face amount of debt issued is reported as other financing sources. Premiums received on debt issuances are reported as other financing sources while discounts on debt issuances are reported as other financing uses. Issuance costs are reported as debt service expenditures. N. Fund Equity/Net Assets In the fund financial statements, governmental funds report reservations of fund balance for amounts that are not available for appropriation or are legally restricted by outside parties for use for a specific purpose. Designations of fund balance represent tentative management plans that are subject to change. Net assets represent the difference between assets and liabilities. Net assets invested in capital assets, net of related debt consist of capital assets, net of accumulated depreciation, reduced by the outstanding balances of any borrowing used for the acquisition or construction of improvements of those assets. Net assets are 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,laws,or regulations of other governments. When an expenditure/expense is incurred for purposes for which both restricted and unrestricted resources are available, it is the City's policy to apply restricted resources first, then unrestricted resources as needed. O. Assets Held for Others In June of 2004,the City entered into an intergovernmental agreement with Yorkville-Bristol Sanitary District for design and construction of the Rob Roy Creek Interceptor. At the date of completion,the Yorkville-Bristol Sanitary District owns and maintains the Interceptor. All costs associated with the construction of the infrastructure asset are recorded as Assets Held for Others in the City's financial statements. As of April 30, 2011, the balance of this project was $11,091,000 reported in the Sewer Fund. In connection with this project, the City issued a General Obligation Bonds, Series 2005D in fiscal year 2006 for $11,300,000. At April 30, 2011, the outstanding balance is $11,320,000, including$2,020,000 in Series 2008 refunding bonds. See Note 5 for more information on this long- term debt issue. 37 UNITED CITY OF YORKVILLE,ILLINOIS Notes to the Financial Statements April 30,2011 1. Summary of Significant Accounting Policies(Cont.) P. Statement of Cash Flows For purpose of the statement of cash flows, the City considers all highly liquid investments with an original maturity of three months or less when purchased to be cash equivalents. "Cash and cash equivalents" includes cash on hand,savings accounts and checking accounts. Q. Bad Debt Policy The City has adopted a bad debt policy in which an outstanding debt is to be written off when it has fulfilled one of the following criteria: 1) the debtor has been turned over to the collection agency to attempt to collect on the debt owed; 2) the debt is overdue greater than one year; 3) efforts made to collect the outstanding debt have been exhausted. 2. Legal Compliance and Accountability The following funds report deficit fund equity: Deficit General Fund $ (271,900) Nonmajor Special Revenue Fund Land Cash (388,625) Nonmajor Capital Projects Fund Municipal Building (587,024) Nonmajor Proprietary Fund Recreation Center (197,085) The following funds report an excess of actual expenditures over budget: Excess General Fund $ 71,969 Nonmajor Special Revenue Funds Fox Hill SSA 720 Fox Industrial TIF 1,489 Countryside TIF 622 Downtown TIF 396 38 UNITED CITY OF YORKVILLE,ILLINOIS Notes to the Financial Statements April 30,2011 3. Deposits and Investments A. Cash The carrying amount of cash, excluding the Pension Trust Fund, was $3,352,770 at April 30, 2011, while the bank balances were $3,785,652. Cash on hand of$1,010 has been excluded from these amounts. All deposits, per the City's policy below, are required to be either insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000, or collateralized with securities of the U.S. Government, or with letters of credit issued by the Federal Home Loan Bank held in the City's name by financial institutions acting as the City's agent. At April 30,2011, the entire balance was insured or collateralized. At April 30, 2011, the Pension Trust Fund's carrying amount of cash was $90,913 and the bank balances were$92,564. The entire balance was covered under FDIC insurance as of April 30,2011. B. Investments(excluding Pension Trust Fund) The investments which the City may purchase are limited to the following: savings,checking,money market accounts, certificate of deposits, and the Illinois Funds Money Market Fund and Prime Fund. Any other type of investment will require City Council approval. All investments shall be as authorized in the Illinois Compiled Statutes regarding the investment of public funds. As of April 30, 2011,the City held$1,619,789 in the Illinois Money Market Fund. This investment is not subject to risk categorization,as the fund provides perfected collateral for the entire balance. Interest Rate Risk. The City's policy states that a variety of financial instruments and maturities, properly balanced, will help to insure liquidity and reduce risk or interest rate volatility and loss of principal. The policy does not state specific limits in investment maturities as a means of managing its exposure to fair value losses arising from increasing interest rates. Credit Risk. Investments shall be made with judgment and care,under circumstances then prevailing, which persons of prudence, discretion, and intelligence exercise in management of their own affairs, not for speculation,but for investment, considering the safety of their capital, as well as the probable income to be derived. The standard of prudence to be used by investment officials shall be the `prudent person' standard and shall be applied in the context of managing an overall portfolio. Custodial Credit Risk, For deposits and investments, custodial credit risk is the risk that, in the event of the failure of the counterparty, the City will not be able to recover the value of its investments or collateral securities that are in the possession of an outside party. The City's investment policy requires that all amounts in excess of any insurance limits be collateralized by approved securities or surety bonds issued by top-rated insurers,having a value of at least 110% of the deposits. Collateral is required as security whenever deposits exceed the insurance limits of the FDIC. Repurchase agreements must also be collateralized in the amount of 105% of market value of principal and accrued interest. Collateral shall be held at an independent, third party institution in the name of the City. The third party institution shall comply with all qualifications and requirements as set forth in the Illinois Complied Statutes 30 ILCS 235/6. Concentration of Credit Risk. The City's policy states that a variety of financial instruments and maturities, properly balanced, will help to insure liquidity and reduce risk or interest rate volatility and loss of principal. Diversifying instruments and maturities will avoid incurring unreasonable risks in the investment portfolio regarding specific security types, issuers or individual financial institutions. The City shall diversify to the best of its ability based on the type of funds invested and the cash flow needs of those funds. The City places no limit on the amount the City may invest in any one issuer. 39 UNITED CITY OF YORKVILLE,ILLINOIS Notes to the Financial Statements April 30,2011 3. Deposits and Investments(Cont.) C. Police Pension Investments The Pension Trust Fund is authorized to invest in investments permitted under Section 3-13 5 of the Illinois Police Pension Code (40 ILCS 511-101), which includes the following: (1) interest-bearing bonds or tax anticipation warrants of the United States, of the State of Illinois, or of any county, township or Municipal Corporation of the State of Illinois; (2) insured withdrawable capital accounts of State chartered savings and loan associations; (3)insured withdrawable capital accounts of federal chartered savings and loan associations if the withdrawable capital accounts are insured by the Federal Savings and Loan Insurance Corporation; (4)insured investments in credit union; (5) savings accounts or certificates of deposit of national or state banks; (6) securities described in Section 1-113 of the Illinois Code; (7) contracts and agreements supplemental thereto providing for investments in the general account of a life insurance company authorized to do business in the State of Illinois; (8) separate accounts of a life insurance company authorized to do business in Illinois, comprised of common or preferred stocks, bonds, or money market instruments; (9) Federal National Mortgage Association (FNMA) and Student Loan Marketing Association (SLMA); and (10) direct obligations of the State of Israel. The Pension Trust Fund's primary objective in dealing with investments is safety, liquidity, and return on investments. Safety is the foremost objective and investments shall be undertaken in a manner that seeks to insure the preservation of the capital. The investment portfolio shall remain sufficiently liquid to enable the Fund to meet all operating requirements that might be reasonably anticipated. Assets will be invested to achieve attractive real rates of return. The following schedule reports the fair values and maturities for Pension Trust Fund's investments at April 30,2011: Investment Maturities Fair Less Than 1 to 5 6 to 10 More Than Investment Type Value One Year Years Years 10 Years Fixed Income Securities U.S.Treasuries $ 1,138,322 382,607 416,916 338,799 Federal Home Loan Mortgages 100,831 100,831 Federal Farm Credit Bank 107,108 10,708 Federal National Mortgage Association 779,052 496,398 92,178 190,476 Government National Mortgage Association 49,129 49,129 Total Fixed Income Securities 2,174,442 382,607 1,024,853 430,977 239,605 Mutual Funds 1,930,868 Total Investments $ 4,105,310 40 UNITED CITY OF YORKVILLE,ILLINOIS Notes to the Financial Statements April 30,2011 3. Deposits and Investments(Cont.) C. Police Pension Investments(Cont.) Interest Rate Risk. The Pension Trust Fund's investment policy states that no more than 5% of plan assets shall be invested in illiquid, long-term investments. Such investments may include certificates of deposits and guaranteed insurance contracts. Any other plan holding which would have a noticeable impact on market price in whole or in part is also defined as illiquid. Credit Risk. Credit risk is the risk that an issuer or other counterparty to an investment will not fulfill its obligations. The Pension Trust Fund helps limit its exposure to credit risk by primarily investing in securities issued by the United States Government and/or its agencies that are implicitly guaranteed by the United States Government. The investments in the securities of the United States Government agencies were all rated Triple A by Standard & Poor's and by Moody's Investor Services. The Pension Trust Fund's policy prescribe to the"prudent person"rule which states,"Investments shall be made with judgment and care, under circumstances then prevailing, which persons of prudence, discretion and intelligence exercise in the management of their own affairs, not for speculation, but for investment, considering the primary objective of safety as well as the second objective of the attainment of market rates of return." Custodial Credit Risk. For an investment, custodial credit risk is the risk that, in the event of the failure of the counterparty, the Pension Trust Fund will not be able to recover the value of its investments or collateral securities that are in the possession of an outside party. The Pension Trust Fund's investment policy does not state specific collateral requirements. Concentration of Credit Risk. There is a risk of loss attributed to the magnitude of the Fund's investment in a single issuer. The Fund does not have a formal policy with regards to concentration risk for investments. As of April 30, 2011, the Pension Trust Fund had no securities or equities with over 5% of net plan assets invested. Although U.S. agency investments represent a large portion of the portfolio, the investments are diversified by maturity dates and are backed by the issuing organization. 41 UNITED CITY OF YORKVILLE,ILLINOIS Notes to the Financial Statements April 30,2011 4. Capital Assets Governmental Activities Balance, Balance, May 1 April 30, 2010 Additions Deletions 2011 Capital Assets Not Being Depreciated Land $ 29,835,610 97,569 29,933,179 Construction in Progress 213,719 127,812 341,531 30,049,329 225,381 - 30,274,710 Capital Assets Being Depreciated Buildings 14,509,556 64,000 14,573,556 Equipment 5,549,366 130,626 5,679,992 Vehicles 2,602,327 47,739 (101,982) 2,548,084 Infrastructure 37,970,026 1,532,067 39,502,093 60,631,275 1,774,432 (101,982) 62,303,725 Less Accumulated Depreciation For Buildings 1,795,876 290,831 2,086,707 Equipment 2,474,808 443,423 2,918,231 Vehicles 2,074,831 280,130 (100,400) 2,254,561 Infrastructure 9,919,033 1,002,530 10,921,563 16,264,548 2,016,914 (100,400) 18,181,062 Total Capital Assets Being Depreciated,Net 44,366,727 (242,482) (1,582) 44,122,663 Governmental Activities Capital Assets,Net $ 74,416,056 (17,101) (1,582) 74,397,373 Depreciation expense of $2,016,914 was charged to the governmental activities functional expense categories as follows: Governmental Activities Depreciation General Government $ 71,443 Public Safety 98,046 Public Works 1,248,466 Library 179,525 Community Development 3,976 Culture and Recreation 415,458 $ 2,016,914 42 UNITED CITY OF YORKVILLE,ILLINOIS Notes to the Financial Statements April 30,2011 4. Capital Assets(Cont.) Business-Type Activities Balance, Balance, May 1 April 30, 2010 Additions Deletions 2011 Capital Assets Not Being Depreciated Land $ 615,376 615,376 Construction in Progress 827,595 827,595 1,442,971 - - 1,442,971 Capital Assets Being Depreciated Equipment 18,891,299 18,891,299 Infrastructure 42,037,702 241,344 42,279,046 60,929,001 241,344 - 61,170,345 Less Accumulated Depreciation For Equipment 3,923,026 432,103 4,355,129 Infrastructure 3,188,838 772,408 3,961,246 7,111,864 1,204,511 - 8,316,375 Total Capital Assets Being Depreciated,Net 53,817,137 (963,167) - 52,853,970 Business Type Activities Capital Assets,Net $ 55,260,108 (963,167) - 54,296,941 Depreciation expense of$777,189 and$427,322 was charged to the Water and Sewer Funds and functional expense categories,respectively. 43 UNITED CITY OF YORKVILLE,ILLINOIS Notes to the Financial Statements April 30,2011 5. Long-Term Debt Debt service payments are paid from the Debt Service, Library, Fox Industrial TIF, Countryside TIF,Public Works Capital, and Citywide Capital Funds for governmental activities and from the Water and Sewer Funds for business-type activities. The following is a summary of changes in the long-term debt of the City for the year ended April 30,2011: a. At April 30,2011,long-term liabilities are as follows: Beginning Ending Due Within Issue Balance Increases Retirements Balance One Year Governmental Activities: 2002 General Obligation and Alternative Revenue Source Bonds,$625,000 original issue, due in annual installments of $50,000 to$75,000 through 2013;interest at 3.00% to 4.75%. Payable from incremental property tax revenues in the Fox Industrial TIF (Special Revenue) Fund. $ 215,000 70,000 145,000 70,000 2004C Debt Certificate, $650,000 original issue, due in annual installments of $50,000 to$95,000 through 2013;interest at 3.80% to 5.00%. Payable from sales and utility tax revenues in Debt Service Fund. 285,000 95,000 190,000 95,000 2005 General Obligation and Alternative Revenue Source Bonds, $3,525,000 original issue, due in annual installments of $165,000 to $300,000 through 2025; interest at 3.50%to 4.35%. Payable from incremental property tax revenues in the Countryside TIF(Special Revenue)Fund. 3,360,000 170,000 3,190,000 175,000 2005A General Obligation and Alternative Revenue Source Bonds, $3,825,000 original issue, due in annual installments of $30,000 to $335,000 through 2023; interest at 4.00% to 4.375%. Payable from Debt Service Fund. 3,290,000 185,000 3,105,000 195,000 2005B General Obligation and Alternative Revenue Source Bonds, $7,250,000 original issue, due in annual installments of $25,000 to $760,000 through 2025; interest at 4.00%to 4.75%. Payable from the Library Fund and secured by property tax revenues. 7,200,000 75,000 7,125,000 175,000 44 UNITED CITY OF YORKVILLE,ILLINOIS Notes to the Financial Statements April 30,2011 5. Long-Term Debt(Cont.) a. At April 30,2011,long-term liabilities are as follows: Beginning Ending Due Within Issue Balance Increases Retirements Balance One Year Governmental Activities(cont.): 2006 General Obligation and Alternative Revenue Source Bonds, $1,500,000 original issue, due in annual installments of $50,000 to $100,000 through 2025; interest at 4.75%to 4.80%. Payable from the Library Fund and secured by property tax revenue. 1,300,000 150,000 1,150,000 175,000 Canover Sewer Recapture, $1,890 owed to John Conover as reimbursement for sewer extensions. The loan is due in FY 2023. 1,890 1,890 Land Purchase Agreement, non-interest bearing agreement to purchase three parcels of land in December 2007 at $550,000 over a five year period. Paid from Citywide Capital Fund. 250,000 125,000 125,000 125,000 Adjustable Rate Note,in July 2008,the City agreed to purchase land at $1,251,900 with an initial cash payment of$314,400 and the remaining $937,500 to be financed by the seller at an initial interest rate of 6.26% to through 2013 at which point the rate adjusts every five years based on five-year Treasury Bonds. Paid from Public Works Capital Fund. The note expires in 2029. The City is making monthly payments of$6,858. 902,623 26,544 876,079 28,254 Compensated Absences 386,947 154,739 541,686 242,538 Net Pension Obligation 133,940 264,385 398,325 Other Post-Employment Benefits 4,676 2,331 7,007 Accrued Claims 60,000 60,000 Total Governmental Activities Long-Term Liabilities $17,390,076 421,455 956,544 16,854,987 1,280,792 Compensated Absences, the Net Pension Obligation, and Other Post-Employment Benefits will be liquidated with General Fund resources. 45 UNITED CITY OF YORKVILLE,ILLINOIS Notes to the Financial Statements April 30,2011 5. Long-Term Debt(Cont.) a. At April 30,2011,long-term liabilities are as follows: Beginning Ending Due Within Issue Balance Increases Retirements Balance One Year Business-Type Activities: 2004B General Obligation and Alternative Revenue Source Bonds, $3,500,000 original issue,due in annual installments of$120,000 to $455,000 through 2019; interest at 2.50%to 4.00%.Payable from sewer connection fees. $2,835,000 155,000 2,680,000 160,000 2005C General Obligation and Alternative Revenue Source Bonds, $2,000,000 original issue,due in annual installments of $35,000 to $150,000 through 2025; interest at 3.50% to 5.50%. Payable from water and sewer revenues. 1,730,000 85,000 1,645,000 90,000 2005D General Obligation and Alternative Revenue Source Bonds, $11,300,000 original issue, due in annual installments of $1,000,000 to $3,000,000 through 2016; interest at 4.15%. Principal and interest payments for this bond shall be paid from sewer connections fees, infrastructure participation fees, and, if those sources are not sufficient,property taxes. 9,300,000 9,300,000 1,000,000 2007A Refunding General Obligation and Alternative Revenue Source Bonds, $3,020,000 original issue, due in annual installments of $10,000 to $750,000 through 2022; interest at 4.00%to 4.25%. Payable from Water Fund revenues. 2,970,000 10,000 2,960,000 10,000 2008 Refunding Alternative Revenue Source Bonds, $2,020,000 original issue, due in annual installments of$985,000 to $1,035,000 through 2018; interest at 5.25.%. Payable from sewer connection fees and, if those are not sufficient, property taxes. 2,020,000 2,020,000 46 UNITED CITY OF YORKVILLE,ILLINOIS Notes to the Financial Statements April 30,2011 5. Long-Term Debt(Cont.) a. At April 30,2011,long-term liabilities are as follows: Beginning Ending Due Within Issue Balance Increases Retirements Balance One Year Business-Type Activities(cont.): 2002 Capital Appreciation Debt Certificates, $2,899,365 original issue, due in annual installments of$35,000 to $365,000 through 2013; interest accretes at 2.50% to 4.50%. Payable from Water Fund revenues. 821,912 27,200 215,000 634,112 285,000 2003 Illinois Rural Bond Bank Debt Certificates, $2,035,000 original issue, due in annual installments of$80,000 to $155,000 through 2023; interest at 1.60% to 5.20%. Payable from Sewer Fund revenues. 1,545,000 90,000 1,455,000 95,000 2003 Debt Certificates, $4,800,000 original issue, $4,000,000 refunded in 2007. Remaining $800,000 is due in annual installments of $100,000 to $300,000 through 2019; interest at 3.80%to 4.35%. Payable from Water Fund revenues. 800,000 800,000 2004A Debt Certificates, $1,600,000 original issue, due in annual installments of $135,000 to $190,000 through 2015; interest at 1.40%to 3.60%. Payable from Sewer Fund revenues. 875,000 160,000 715,000 170,000 2006A Refunding Debt Certificates, $5,555,000 original issue, due in annual installments of $5,000 to $850,000 through 2023;interest at 4.00%to 4.20%. Payable from Water Fund revenues. 5,530,000 70,000 5,460,000 70,000 IEPA Loan L17-013000, $549,081 original issue, due in semi-annual installments of $7,478 to $19,147 through 2013; interest at 3.58%. Payable from Sewer Fund revenues. 109,950 35,358 74,592 36,634 47 UNITED CITY OF YORKVILLE,ILLINOIS Notes to the Financial Statements April 30,2011 5. Long-Term Debt(Cont.) a. At April 30,2011,long-term liabilities are as follows: Beginning Ending Due Within Issue Balance Increases Retirements Balance One Year Business-Type Activities(cont.): IEPA Loan L17-115300, $1,656,809 original issue, due in semi-annual installments of $37,166 to $52,832 through 2020;interest at 2.625%.Payable from Sewer Fund revenues. 894,930 84,107 810,823 86,329 IEPA Loan L17-1156300, $1,886,000 original issue, due in semi-annual installments of $28,263 to $61,744 through 2027; interest at 2.50%. Payable from Water Fund revenues. 1,681,967 83,500 1,598,467 85,600 Compensated Absences 72,617 45,432 118,049 46,710 Other Commitments(See Note 6.B.) 2,523,422 80,397 306,861 2,296,958 275,868 Total Business-Type Activities Long-Term Liabilities $33,709,798 153,029 1,294,826 32,568,001 2,411,141 Compensated Absences will be liquidated with Water and Sewer Fund resources. b. Debt Service Requirements to Maturity- The annual requirements to amortize all City debt(excluding the Land Purchase Agreement and Other Commitments)outstanding as of April 30,2011 are as follows: Fiscal Year Governmental Activities April 30, Principal Interest Total 2012 $ 913,254 700,686 1,613,940 2013 1,025,074 661,784 1,686,858 2014 867,012 617,963 1,484,975 2015 904,074 581,934 1,486,008 2016 956,270 544,564 1,500,834 2017-2021 5,669,560 2,070,740 7,740,300 2022-2026 5,250,009 665,501 5,915,510 2027-2029 195,825 16,663 212,488 $ 15,781,078 5,859,835 21,640,913 48 UNITED CITY OF YORKVILLE,ILLINOIS Notes to the Financial Statements April 30,2011 5. Long-Term Debt(Cont.) b. Debt Service Requirements to Maturity(cont.)- Fiscal Year Business-Type Activities April 30, Principal Interest Total 2012 $ 2,088,564 1,090,557 3,179,121 2013 3,063,433 1,125,210 4,188,643 2014 3,055,913 1,035,928 4,091,841 2015 3,490,579 915,883 4,406,462 2016 4,350,366 778,024 5,128,390 2017-2021 10,465,373 2,026,532 12,491,905 2022-2026 3,577,023 280,410 3,857,433 2027 61,744 772 62,516 Total $ 30,152,995 7,253,316 37,406,311 6. Commitments and Contingencies A. Litigation The City is a defendant in various lawsuits arising in the normal course of business. In the aggregate, the remaining claims seek monetary damages in significant amounts. The outcome of these lawsuits is not presently determinable and has not been accrued in the accompanying financial statements. B. Agreements with Developers—Water and Sewer Under an agreement entered into in the fiscal year ending April 2003, the City and developer of the Windett Ridge subdivision agreed upon an advance of up to $170,000 for sanitary sewer system improvements. The City is required to repay the advance to the developer within a ten-year period of receipt of the loan. Under an amendment to the agreement signed in fiscal year ending April 2005, the City and the developer agreed to reduce the balance by the amount of outstanding lot fees due the City. Per the amendment, the new loan amount is $114,600, which is due to the developer by October 21, 2013. This loan is recorded in the Sewer Fund and is to be paid with general sewer connection fees. In December of 2002, the City entered into an agreement with the developer of the Raintree Village subdivision to reimburse the costs of sanitary sewer over-sizing within the development. The amount of eligible expenses to be reimbursed by the City totals $1,154,718, of which$874,003 has been paid through April 30, 2011. The remaining balance, $280,715, is subject to interest based on the twelve month LIBOR. Annual sewer charges assessed on the residents of the subdivision are earmarked to repay this obligation. The related sanitary sewer infrastructure was accepted by the City as an asset in December of 2007. This amount is recorded in the Sewer Fund. 49 UNITED CITY OF YORKVILLE,ILLINOIS Notes to the Financial Statements April 30,2011 6. Commitments and Contingencies(Cont.) B. Agreements with Developers—Water and Sewer(Cont.) Under a planned unit development agreement entered into in June of 2003, the City agreed to reimburse the developer of the Grand Reserve subdivision for regional water improvements required to support the subdivision and the surrounding area. In May of 2009,the two parties agreed upon the repayment of$827,596 of eligible costs due in thirty-six monthly installments of$22,989 beginning December 2009. As of April 30,2011,the City has repaid$390,809, leaving a balance of$436,787. Water connection fees generated within the specific water pressure zone have been earmarked to repay the developer. As of April 30, 2011, the City had not accepted the water infrastructure assets from the developer. This liability is recorded in the Water Fund. In August of 2003, the City entered into a reimbursement agreement with the developer of the Fox Hill subdivision. The agreement allows for the reimbursement of eligible costs associated with the construction and over-sizing of water and sewer infrastructure lines within the area. Eligible costs are to be paid to the developer within 20 years of the agreement. This agreement was amended in April 2006 to include additional costs. Total eligible costs as of April 30, 2011 are $807,847, which accrues compounded interest of 5% annually. Interest for a portion of eligible costs was computed back to January 1, 1995. Total interest to date is $657,009. The amount recorded as a liability, including interest, as of April 30, 2010 is $1,464,856. 52% of this amount is recorded in the Water Fund;the remaining 48%of this amount is recorded in the Sewer Fund. C. Agreements with Developers—Governmental Activities Under a Development/Economic Initiative Agreement entered into in March of 2001,the City agreed to reimburse eligible costs associated with a development located at Route 47 and Route 34. Eligible costs of $2,074,833 and accrued interest at 5% are to be reimbursed from 50% of the sales tax generated in the development,limited to a period of eighteen years. Through April 30, 2011,the City has reimbursed$1,405,736,including$145,776 in the current year. All payments have been recorded as an expenditure of the General Fund. Under a Development and Annexation Agreement entered into in July of 2001, amended in October of 2001, the City agreed to reimburse eligible costs associated with a development located at Route 47 and Kennedy Road. Eligible costs of$8,639,334 are to be reimbursed from 50% of the sales tax generated in the development, limited to a period of ten years. Through April 30, 2011,the City has reimbursed $1,247,353, including $142,911 in the current year. All payments have been recorded as an expenditure of the General Fund. Under a Development/Economic Initiative Agreement entered into in June of 2002,the City agreed to reimburse eligible costs associated with a development located at Route 34 and Cannonball Trail. Eligible costs of $100,000 are to be reimbursed from 50% of the sales tax generated in the development, limited to a period of fifteen years. Through April 30, 2011, the City has reimbursed $87,450, including $18,166 in the current year. All payments have been recorded as an expenditure of the General Fund. 50 UNITED CITY OF YORKVILLE,ILLINOIS Notes to the Financial Statements April 30,2011 6. Commitments and Contingencies(Cont.) C. Agreements with Developers—Governmental Activities(Cont.) Under a Development/Economic Initiative Agreement entered into in February of 2005, the City agreed to reimburse eligible costs associated with a development located at Route 47 and Wheaton Avenue. Eligible costs of$1,107,923 and accrued interest at 5% are to be reimbursed from 50% of the sales tax generated in the development, limited to a period of ten years. Through April 30, 2011, the City has reimbursed $707,023, including $119,496 in the current year. All payments have been recorded as an expenditure of the General Fund. The City entered into an Annexation Agreement in April of 2006 related to a development located at Route 47 between Base Line Road and Corneils Road. Under the agreement, the City agreed to rebate 55%of City Admissions Taxes collected to offset the cost of improvements associated with the development, limited to a period of ten years. In the year ended April 30,2011,the City reimbursed $99,959. Payments are recorded as an expenditure of the General Fund. The agreement was amended in August of 2011 to rebate 100%of admissions tax received by the City from the developer for a period of ten years,and the admissions tax rate was decreased from 5%to 2.75%. Under a Development/Economic Initiative Agreement entered into in January of 2007, the City agreed to reimburse eligible costs associated with a development located at Route 47 and Corneils Road. Eligible costs of$287,392 are to be reimbursed from 50% of the sales tax generated in the development, limited to a period of twenty years. Through April 30, 2011, the City has reimbursed $23,404, including $272 in the current year. All payments have been recorded as an expenditure of the General Fund. In June of 2007, the City entered into a Development Agreement to create a business district in the area around Route 34 and Cannonball Trail. Under the Agreement, 50%of the sales tax and 100%of the business district tax generated in the district are remitted by the City to an escrow agent to pay the debt service on the 2007 Series Revenue Bonds. The Bonds are secured solely by the pledged revenues and are not obligations of the City and are therefore not recorded on the City's books. All payments have been recorded as an expenditure of the General Fund. Expenditures in the current year were$437,172 for sales taxes and$283,777 in business district taxes. In February of 2011, the City amended a Development/Economic Initiative Agreement dated April 2007. Under the original agreement, the City agreed to reimburse 20% of eligible costs associated with a development located at Route 47 and Fountainview Drive from 50%of the sales tax generated in the development,limited to a period of twenty years. Under the amended agreement, the City will hold the sales tax rebates in an escrow account until certain land improvements have been completed. Through April 30,2011,no sales tax has been collected and no payments have been made. 51 UNITED CITY OF YORKVILLE,ILLINOIS Notes to the Financial Statements April 30,2011 7. Transfers The following transfers were made during the fiscal year between funds within the City: Transfers Transfers In Out General Nonmajor Governmental $ 60,449 1,516,778 Sewer 83,045 Water 91,863 Total General 235,357 1,516,778 Nonmaj or Governmental General 1,516,778 60,449 Nonmajor Governmental 96,000 96,000 Total Nonmajor Governmental 1,612,778 156,449 Sewer General 83,045 Water 82,850 Total Sewer - 165,895 Water General 91,863 Sewer 82,850 Total Water 82,850 91,863 Total $ 1,930,985 1,930,985 Purposes of significant transfers are as follows: • $951,890 transferred from General Fund to Parks & Recreation Fund (nonmajor) to supplement the operations of the City of Yorkville Park and Recreation activities. • $429,404 transferred from General Fund to Debt Service Fund(nonmajor)to cover bond principal and interest payments for governmental activities long-term debt. • $135,484 transferred from General Fund to Citywide Capital Fund(nonmajor)to cover an installment payment on long-term debt and for sidewalk replacement. 52 UNITED CITY OF YORKVILLE,ILLINOIS Notes to the Financial Statements April 30,2011 8. Interfund Receivables and Payables Interfund receivables and payables as of April 30,2011 are summarized below: Due From Due to Other Funds Other Funds General Water $ 137,277 Sewer 854,296 Nonmajor Governmental 100,000 585,713 Total General 100,000 1,577,286 Nonmaj or Governmental General 585,713 100,000 Sewer 1,228,026 Total Nonmajor Governmental 585,713 1,328,026 Sewer General 854,296 Nonmajor Governmental 1,228,026 Nonmajor Enterprise 198,741 Total Sewer 2,281,063 - Water General 137,277 Nonmajor Enterprise Sewer 198,741 $ 3,104,053 3,104,053 Purposes of significant interfund receivables and payables are as follows: • $1,577,286 due from the General Fund to the Parks and Recreation Capital Fund(nonmajor), the Parks and Recreation Fund (nonmajor), the Water Fund, and the Sewer Fund representing cash borrowings which occurred during the year. • $587,024 due from the Municipal Building Fund (nonmajor) to the Sewer Fund representing cash borrowings which occurred during the year. • $641,002 due from the Land Cash Fund (nonmajor) to the Sewer Fund representing cash borrowings which occurred during the year. • $198,741 due from Recreation Center Fund (nonmajor) to the Sewer Fund representing cash borrowings which occurred during the year. • $100,000 due from the Parks and Recreation Fund (nonmajor) to the General Fund representing cash borrowings which occurred during the year. 53 UNITED CITY OF YORKVILLE,ILLINOIS Notes to the Financial Statements April 30,2011 9. Defined Pension Benefit Plans A. Illinois Municipal Retirement Fund Plan Description The City's defined benefit pension plan, Illinois Municipal Retirement (IMRF) provides retirement, disability, annual cost-of-living adjustments and death benefits to plan members and beneficiaries. IMRF is an agent multiple-employer pension plan that acts as a common investment and administrative agent for local governments and school districts in Illinois. The Illinois Pension Code establishes the benefit provisions of the plan that can only be amended by the Illinois General Assembly. IMRF issues a publicly available financial report that includes financial statements and required supplementary information. That report may be obtained by writing to the Illinois Municipal Retirement Fund,2211 York Road,Suite 500,Oak Brook,Illinois 60523,or on-line at www.imrforg. Funding Policy Employees participating in IMRF are required to contribute 4.50% of their annual covered salary. State statutes require employers to contribute the amount necessary, in addition to member contributions, to finance the retirement coverage of its own employees. The employer rate for calendar year 2010 was 9.13% of payroll. The City also contributes for disability benefits, death benefits and supplemental retirement benefits, all of which are pooled at the IMRF level. The employer contribution requirements are established and may be amended by the IMRF Board of Trustees,except for the supplemental retirement benefit rate which is set by State statute. Annual Pension Cost For December 31, 2010, the City's actual contributions were $295,402. The annual required contribution for calendar year 2010 was $310,933. The required contribution was determined as part of the December 31,2008 actuarial valuation using the entry age actuarial cost method. The actuarial assumptions included (a) 7.50% investment rate of return (net of administrative expenses); (b) projected salary increases of 4.00% a year attributable to inflation; (c) additional projected salary increases ranging from 0.4% to 10.0% per year depending on age and service, attributable to seniority/merit; and (d) post-retirement benefit increases of 3% annually. The actuarial value of IMRF assets was determined using techniques that smooth the effects of short-term volatility in the market value of investments over a five-year period with a 20% corridor between the actuarial and market value of assets. The City's unfunded actuarial accrued liability is being amortized as a level percentage of projected payroll on an open 30 year basis. Funded Status and Funding Progress As of December 31, 2010, the most recent actuarial valuation date, the Regular plan was 86.36% funded. The actuarial accrued liability for benefits was $5,408,655 and the actuarial value of assets was $4,671,071, resulting in an underfunded actuarial accrued liability (UAAL) of$737,584. The covered payroll (annual payroll of active employees covered by the plan) was $3,235,515 and the ratio of UAAL to the covered payroll was 23.00%. 54 UNITED CITY OF YORKVILLE,ILLINOIS Notes to the Financial Statements April 30,2011 9. Defined Pension Benefit Plans(Cont.) A. Illinois Municipal Retirement Fund(Cont.) Funded Status and Funding Progress (Cont.) The schedule of funding progress, presented as Required Supplementary Information following the Notes to the Financial Statements, presents multi-year trend information about whether the actuarial value of plan assets is increasing or decreasing over time relative to the actuarial accrued liability of benefits. B. Police Pension Plan Description: Police sworn personnel are covered by the Police Pension Fund, which is a defined benefit single- employer pension plan. Although this is a single-employer pension plan, the defined benefits and employee and employer contributions levels are governed by Illinois Compiled Statutes (40 ILCS 5/3)and may be amended only by the Illinois legislature. The City accounts for the plan as a pension trust fund. At April 30,2011,the Police Pension Fund membership consisted of Retirees and Beneficiaries Currently Receiving Benefits and Terminated Employees Entitled to Benefits but Not Yet Receiving Them 4 Current Employees Vested 12 Nonvested 14 Total 30 The following is a summary of the Police Pension Fund as provided for in Illinois Compiled Statutes. The Police Pension Fund provides retirement benefits as well as death and disability benefits. Employees attaining the age of 50 or more with 20 or more years of creditable service are entitled to receive an annual retirement benefit of one-half of the salary attached to the rank held on the last day of service, or for one year prior to the last day, whichever is greater. The pension shall be increased by 2.5%of such salary for each additional year of service over 20 years up to 30 years to a maximum of 75%of such salary. Employees with at least 8 years but less than 20 years of credited service may retire at or after age 60 and receive a reduced benefit. The monthly pension of a police officer who retired with 20 or more years of service after January 1, 1977, shall be increased annually, following the first anniversary date of retirement and be paid upon reaching the age of at least 55 years, by 3% of the original pension and 3% simple interest annually thereafter. 55 UNITED CITY OF YORKVILLE,ILLINOIS Notes to the Financial Statements April 30,2011 9. Defined Pension Benefit Plans(Cont.) B. Police Pension(Cont.) Summary of Significant Accounting Policies and Plan Asset Matters Basis of Accounting — The financial statements are prepared using the accrual basis of accounting. Employee contributions are recognized as additions in the period in which employee services are performed. Method Used to Value Investments—Investments are reported at fair value. Short-term investments are reported at cost, which approximates fair value. Investment income is recognized when earned. Gains and losses on sales and exchanges of fixed-income securities are recognized on the transaction date. Contributions Covered employees are required to contribute 9.91% of their base salary to the Police Pension Fund. If an employee leaves covered employment with less than 20 years of service,accumulated employee contributions may be refunded without accumulated interest. The City is required to contribute the remaining amounts necessary to finance the plan as actuarially determined by an enrolled actuary at the Illinois Department of Insurance. Future administrative costs are expected to be financed through investment earnings. Funded Status and Funding Progress As of May 1, 2011, the most recent actuarial valuation date, the plan was 40.6% funded. The actuarial accrued liability for benefits was $10,393,520 and the actuarial value of assets was $4,216,855, resulting in an underfunded actuarial accrued liability (UAAL) of $6,176,665. The covered payroll (annual payroll of active employees covered by the plan) was $1,890,046 and the ratio of UAAL to the covered payroll was 326.8%. The schedule of funding progress, presented as Required Supplementary Information following the Notes to the Financial Statements, presents multi-year trend information about whether the actuarial value of plan assets is increasing or decreasing over time relative to the actuarial accrued liability of benefits. 56 UNITED CITY OF YORKVILLE,ILLINOIS Notes to the Financial Statements April 30,2011 9. Defined Pension Benefit Plans(Cont.) C. Annual Pension Costs The net pension obligation is the cumulative difference between the APC and the contributions actually made. Employer annual pension costs (APC), actual contributions and the net pension obligation(NPO)are as follows: Illinois Illinois Calendar Municipal Fiscal Police Year Retirement Year Pension Annual Pension Cost(APC) 2008 $ 287,422 2009 383,502 2009 302,036 2010 434,228 2010 310,933 2011 489,523 Actual Contribution 2008 287,422 2009 297,328 2009 302,036 2010 323,291 2010 295,402 2011 336,075 Percentage of APC 2008 100% 2009 77.5% Contributed 2009 100% 2010 74.5% 2010 95% 2011 68.7% Net Pension Obligation 2008 2009 133,940 2009 2010 244,877 2010 15,531 2011 398,325 The net pension obligation has been calculated as follows: Illinois Municipal Police Retirement Pension Total Annual Required Contribution $ 310,933 481,207 792,140 Interest on Net Pension Obligation 18,366 18,366 Adjustment to Annual Required Contribution (10,050) (10,050) Annual Pension Cost 310,933 489,523 800,456 Contribution Made 295,402 336,075 631,477 Increase in Net Pension Obligation 15,531 153,448 168,979 Net Pension Obligation,Beginning of Year 244,877 244,877 Net Pension Obligation,End of Year $ 15,531 398,325 413,856 57 UNITED CITY OF YORKVILLE,ILLINOIS Notes to the Financial Statements April 30,2011 10. Other Post-Employment Benefits Plan Description In addition to the pension benefits described in Note 9, the City provides limited health care insurance coverage for its eligible retired employees. The benefits, benefit levels, employee contributions and employer contributions are governed by the City and can be amended by the City under its personnel manual and union contracts. To be eligible, employees must be enrolled in the City's healthcare plan at time of retirement, and receive a pension from either the IMRF or the Police Pension Fund. The City provides an explicit premium subsidy to certain retirees who meet eligibility conditions, and healthcare access to other retired members provided the member pays 100%of the blended premium. All healthcare benefits are provided through the City's health insurance plan. The benefit levels are similar to those afforded to active employees. Benefits include general in-patient and out-patient medical services, vision care, dental care and prescriptions. Upon a retired participant reaching the age of 65, Medicare becomes the primary insurer and the City's plan becomes secondary. Membership At April 30,2011,membership consisted of: Retirees and Beneficiaries Currently Receiving Benefits 6 Active Vested Employees 23 Active Nonvested Employees 50 Total 79 Funding Policy The City negotiates the contribution percentages between the City and employees through union contracts and personnel policy. Retired employees contribute 100%of the actuarially determined premium to the plan. For the fiscal year ended April 30,2011,the City contributed$1,814. Annual OPEB Costs and Net OPEB Obligation The City had an actuarial valuation performed for the plan as of April 30, 2009 to determine the funded status of the plan as of that date, as well as the employer's annual required contribution(ARC) for the fiscal years ended April 30, 2011 and 2010. The City's annual OPEB cost(expense) of$4,145 was equal to ARC for the fiscal year. The City's annual OPEB cost, the percentage of annual OPEB cost contributed to the plan,and the net OPEB obligation for 2009 and 2010 was as follows: Percentage Annual of Annual Net Fiscal OPEB Employer OPEB Cost OPEB Year End Cost Contributions Contributions Obligation April 30,2011 $ 4,145 1,814 43.76% 7,007 April 30,2010 4,145 1,814 43.76% 4,676 April 30,2009 4,159 1,814 43.62% 2,345 58 UNITED CITY OF YORKVILLE,ILLINOIS Notes to the Financial Statements April 30,2011 10. Other Post-Employment Benefits(Cont.) Annual OPEB Costs and Net OPEB Obligation (Cont.) The Net OPEB Obligation at April 30,2011 was calculated as follows: Annual Required Contribution $ 4,159 Interest on Net OPEB Obligation 238 Adjustment to Annual Required Contribution (252) Total OPEB Cost 4,145 Contributions Made 1,814 Increase in Net OPEB Obligation 2,331 Net OPEB Obligation,Beginning of Year 4,676 Net OPEB Obligation,End of Year $ 7,007 The funded status of the plan as of April 30,2009 was as follows: Actuarial Accrued Liability(AAL) $ 46,747 Actuarial Value of Plan Assets Unfunded Actuarial Accrued Liability(UAAL) 46,747 Funded Ratio(Actuarial Value of Plan Assets/AAL) 0.00% Covered Payroll(Active Plan Members) 6,299,956 UAAL as a Percentage of Covered Payroll 0.74% Actuarial Methods and Assumptions Projections of benefits for financial reporting purposes are based on the substantive plan (the plan as understood by the employer and plan members) and include the types of benefits provided at the time of valuation and the historical pattern of sharing of benefit costs between the employer and plan members to that point. The actuarial methods and assumptions used include techniques that are designed to reduce the effects of short-term volatility in actuarial accrued liabilities and the actuarial value of assets, consistent with the long-term perspective of the calculations. In the April 30, 2009 actuarial valuation, the entry age normal cost method was applied. The actuarial assumptions included an investment rate of return of 5%, initial healthcare inflation rate of 8%, projected salary increases of 5%,and a level-percentage-of-payroll over a 30-year open amortization period. 59 UNITED CITY OF YORKVILLE,ILLINOIS Notes to the Financial Statements April 30,2011 11. Risk Management The City is exposed to various risks of loss related to torts; theft of, damage to, and destruction of assets; errors and omissions; injuries to employees; and natural disasters. These risks are covered by commercial insurance purchased from independent third parties. The City also purchased its employee health and accident insurance from commercial carriers. Settled claims from these risks have not exceeded commercial insurance coverage for the past three years. There were no significant reductions in insurance coverage during the fiscal year ended April 30,2011. 12. Subsequent Events In June 2011, the City approved a I%Non-Home Rule Retailers' Occupation Tax and a I%Non-Home Rule Service Occupation Tax. The tax is effective January 1,2012 and is pledged for debt service. On August 5,2011,Standard&Poor's lowered their long-term credit rating on U.S.debt to AA+from AAA and affirmed the A-1+ short-term rating and removed both the short-and long-term ratings from CreditWatch negative. Further,ratings for other lenders backed by the federal government were lowered one step from AAA to AA+reflecting the companies direct reliance of the U.S.government. The City plans to issue General Obligation Refunding Bonds(Alternative Revenue Source), Series 2011 in the amount$10,845,000 to be payable from the 1%Non-Home Rule Retailers' Occupation Tax and 1%Non-Home Rule Service Occupation Tax, and if necessary, property taxes. Upon issuance, the Bonds would refund the Series 2008 Refunding Bonds and a portion of the 2005D General Obligation and Alternative Source Bonds. The Bonds are expected to be due in annual installments of$500,000 to$995,000 through 2025. The offering is in draft form and is expected to occur on October 26,2011. 60 REQUIRED SUPPLEMENTARY INFORMATION (UNAUDITED) UNITED CITY OF YORKVILLE,ILLINOIS Required Supplementary Information Illinois Municipal Retirement Fund April 30,2011 Schedule of Funding Progress Actuarial Unfunded UAAL as a Actuarial Accrued (Overfunded) Percentage Actuarial Value of Liabilities(AAL) AAL Funded Covered of Covered Valuation Assets Entry Age (UAAL) Ratio Payroll Payroll Date (a) (b) (b-a) (a/b) (c) (b-a)/c 12/31/2010 $ 4,671,071 5,408,655 737,584 86.36 % 3,235,515 22.80 % 12/31/2009 4,322,149 5,008,192 686,043 86.30 3,638,986 18.85 12/31/2008 4,165,811 4,949,634 783,823 84.16 3,694,367 21.22 12/31/2007 4,137,504 4,104,243 (33,261) 100.81 3,271,273 (1.02) 12/31/2006 3,574,710 3,290,143 (284,567) 108.65 2,565,402 (11.09) 12/31/2005 3,213,956 2,925,186 (288,770) 109.87 2,151,352 (13.42) On a market value basis,the actuarial value of assets as of December 31,2010 is$5,019,299. On a market basis,the funded ratio would be 92.80%. Schedule of Employer Contributions Actuarial Annual Valuation Employer Required Percent Date Contributions Contributions Contributed 12/31/2010 $ 310,933 295,402 95.0 % 12/31/2009 302,036 302,036 100.0 12/31/2008 287,422 287,422 100.0 12/31/2007 248,944 248,944 100.0 12/31/2006 202,667 202,667 100.0 12/31/2005 175,120 175,120 100.0 61 UNITED CITY OF YORKVILLE,ILLINOIS Required Supplementary Information Police Pension Fund April 30,2011 Schedule of Funding Progress Actuarial Unfunded UAAL as a Actuarial Accrued (Overfunded) Percentage Actuarial Value of Liabilities(AAL) AAL Funded Covered of Covered Valuation Assets Entry Age (UAAL) Ratio Payroll Payroll Date (a) (b) (b-a) (a/b) (c) (b-a)/c 4/30/2011 $ 4,216,855 10,393,520 6,176,665 40.57 % 1,890,046 326.8 % 4/30/2010 3,643,355 9,509,795 5,866,440 38.31 1,819,957 322.3 4/30/2009 2,759,119 8,272,076 5,512,957 33.35 1,926,125 286.2 4/30/2008 2,631,594 7,382,023 4,750,429 35.65 1,789,042 265.5 4/30/2007 2,156,872 5,728,722 3,571,850 37.65 1,573,832 227.0 4/30/2006 1,583,047 5,031,506 3,448,459 31.46 1,296,753 265.9 Schedule of Employer Contributions Actuarial Annual Valuation Employer Required Percent Date Contributions Contributions Contributed 4/30/2011 $ 336,075 481,207 69.8 % 4/30/2010 323,291 429,562 75.3 4/30/2009 297,328 383,502 77.5 4/30/2008 275,144 339,071 81.1 4/30/2007 248,988 231,991 107.3 4/30/2006 231,124 231,960 99.6 62 COMBINING,INDIVIDUAL FUND,AND CAPITAL ASSET FINANCIAL STATEMENTS AND SCHEDULES GOVERNMENTAL FUND TYPES GENERAL FUND (Major Fund) The General Fund is used to account for resources traditionally associated with governments which are not required to be accounted for in another fund. UNITED CITY OF YORKVILLE,ILLINOIS General Fund Schedule of Revenues- Budget and Actual For the Year Ended April 30,2011 Original and Variance from Final Budget Budget Actual Over(Under) Taxes Property Taxes $ 2,450,000 2,521,570 71,570 Township Road and Bridge Taxes 160,000 164,296 4,296 Sales Tax 2,440,000 2,569,233 129,233 Municipal Utility Tax 961,000 873,999 (87,001) Cable TV Franchise Taxes 190,000 228,452 38,452 Telephone Franchise Taxes 600,000 514,189 (85,811) Hotel Tax 20,000 38,198 18,198 Admissions and Amusement Tax 275,928 182,063 (93,865) Auto Rental Tax 3,421 8,298 4,877 Business District Tax 150,000 289,015 139,015 Parimutuel Taxes 5,131 5,131 Total Taxes 7,250,349 7,394,444 144,095 Intergovernmental Income Tax 1,300,000 1,315,321 15,321 Personal Property Replacement Taxes 20,000 16,394 (3,606) State Use Tax 237,063 240,047 2,984 Grants 1,803 53,537 51,734 Total Intergovernmental 1,558,866 1,625,299 66,433 Charges for Services Garbage Surcharge 1,050,000 1,177,995 127,995 Collection Fees-Sanitary District 121,503 116,087 (5,416) Mowing Income 3,960 3,960 Total Charges for Services 1,171,503 1,298,042 126,539 Licenses,Permits and Fees Development Fees 80,000 73,350 (6,650) Liquor Licenses 30,000 38,903 8,903 Other Licenses 4,500 2,670 (1,830) Building Permits 205,000 126,829 (78,171) Filing Fees 3,000 (3,000) Zoning Variance Fees 170 (170) Total Licenses,Permits and Fees 322,670 241,752 (80,918) (Cont.) 63 UNITED CITY OF YORKVILLE,ILLINOIS General Fund Schedule of Revenues- Budget and Actual(Cont.) For the Year Ended April 30,2011 Original and Variance from Final Budget Budget Actual Over(Under) Fines and Forfeits Fines 151,275 95,289 (55,986) Administrative Adjudication 50,000 25,457 (24,543) Police Tows 181,275 80,490 (100,785) Total Fines and Forfeits 382,550 201,236 (181,314) Investment Income 3,000 1,760 (1,240) Other Revenues Reimbursements Legal 150,000 46,951 (103,049) Library 40,582 (40,582) Insurance 35,711 35,711 Health Insurance 168,318 254,493 86,175 Other 23,225 147,438 124,213 Donations 2,020 2,784 764 Miscellaneous Income 24,585 32,705 8,120 Total Other Revenues 408,730 520,082 111,352 Total Revenues $ 11,097,668 11,282,615 184,947 64 UNITED CITY OF YORKVILLE,ILLINOIS General Fund Schedule of Expenditures- Budget and Actual For the Year Ended April 30,2011 Original and Variance from Final Budget Budget Actual Over(Under) General Government Administration Salaries-Mayor $ 11,310 10,700 (610) Salaries-City Clerk 8,980 9,305 325 Salaries-City Treasurer 6,500 6,105 (395) Salaries-Alderman 50,320 52,455 2,135 Salaries-Liquor Commissioner 1,000 1,167 167 Salaries-Administrative 202,242 239,314 37,072 Salaries-Overtime 575 223 (352) Legal Services 65,000 59,394 (5,606) Litigation Council 130,000 117,960 (12,040) Corporate Council 90,000 87,544 (2,456) Codification 8,000 4,159 (3,841) Contractual Services 8,000 6,594 (1,406) Cable Consortium Fee 50,000 75,262 25,262 Office Cleaning 14,400 13,124 (1,276) Maintenance-Office Equipment 100 (100) Telephone 20,000 11,315 (8,685) Cellular Telephone 1,200 1,205 5 Telephone Systems Maintenance 3,000 2,945 (55) Dues 12,450 11,533 (917) Illinois Municipal League Dues 1,200 1,179 (21) Subscriptions 100 160 60 Travel Expenses 1,000 790 (210) Public Relations 150 55 (95) Kendall County Paratransit 30,000 27,553 (2,447) Senior Service Funding 5,000 (5,000) Contingencies 10,000 75,000 65,000 Office Supplies 8,000 4,251 (3,749) Operating Supplies 7,000 4,461 (2,539) Postage and Shipping 14,000 8,055 (5,945) Printing and Copying 6,750 8,081 1,331 Publishing and Advertising 2,000 655 (1,345) IMRF Participants 27,153 26,574 (579) Social Security and Medicare 26,463 22,375 (4,088) Computer Equipment and Software 850 1,944 1,094 Office Equipment 608 608 Natural Gas 31,000 21,735 (9,265) Total Administration 853,743 913,780 60,037 (Cont.) 65 UNITED CITY OF YORKVILLE,ILLINOIS General Fund Schedule of Expenditures- Budget and Actual(Cont.) For the Year Ended April 30,2011 Variance from Original Budget Budget Actual Over(Under) General Government(Cont.) Finance Salaries-Finance 259,690 201,586 (58,104) Benefits-Unemployment Comp.Tax 38,000 77,786 39,786 Benefits-Health Insurance 1,156,090 1,185,928 29,838 Benefits-Group Life Insurance 28,240 24,060 (4,180) Benefits-DentalNision Asst 100,880 99,350 (1,530) Audit Fees and Expenses 57,700 43,500 (14,200) Employee Assistance 4,000 2,425 (1,575) Insurance-Liability and Property 344,129 325,906 (18,223) Contractual Services 28,000 18,803 (9,197) Maintenance-Office Equipment 1,800 838 (962) Maintenance-Computers 500 (500) Maintenance-Photocopiers 27,000 18,028 (8,972) Accounting System Service Fee 15,000 10,728 (4,272) Cellular Telephone 1,010 633 (377) Dues 1,600 750 (850) Subscriptions/Books 250 152 (98) Office Supplies 2,000 488 (1,512) Operating Supplies 3,500 1,032 (2,468) Postage&Shipping 2,500 474 (2,026) Printing&Copying 1,000 (1,000) Marketing-Hotel Tax 20,000 33,255 13,255 IMRF Participants 25,190 18,759 (6,431) Social Security&Medicare 29,070 15,326 (13,744) Computer Equipment&Software 5,000 1,761 (3,239) Office Equipment 250 (250) City Tax Rebate 1,050 812 (238) Sales Tax Rebates 620,000 863,793 243,793 Business District Rebate 150,000 283,777 133,777 Amusement Tax Rebate 63,000 99,959 36,959 Bad Debt Expense 91,278 91,278 Total Finance 2,986,449 3,421,187 434,738 Community Relations Salaries-Employees 63,750 63,359 (391) Contractual Services 4,800 3,475 (1,325) Cellular Telephone 540 279 (261) Subscriptions/Books 100 (100) (Cont.) 66 UNITED CITY OF YORKVILLE,ILLINOIS General Fund Schedule of Expenditures- Budget and Actual(Cont.) For the Year Ended April 30,2011 Variance from Original Budget Budget Actual Over(Under) General Government(Cont.) Community Relations(Cont.) Public Relations 1,750 (1,750) Office Supplies 750 130 (620) Postage&Shipping 3,500 1,630 (1,870) Printing&Copying 1,000 (1,000) Publishing&Advertising 7,500 5,977 (1,523) IMRF Participants 6,184 4,004 (2,180) Social Security&Medicare 4,877 3,935 (942) Community Events 6,000 526 (5,474) Holiday Under the Stars 9,585 (9,585) Total Community Relations 110,336 83,315 (27,021) Engineering Salaries-Employees 263,233 235,552 (27,681) Salaries-Overtime 500 87 (413) Contractual Services 30,000 4,578 (25,422) Fees 2,550 1,000 (1,550) Maintenance-Vehicles 1,500 1,303 (197) Maintenance-Office Equip 500 (500) Maintenance-Computers 500 (500) Wearing Apparel 100 (100) Cellular Telephone 3,000 1,340 (1,660) Dues 1,000 428 (572) Books and Publications 130 126 (4) Engineering Supplies 2,000 928 (1,072) Office Supplies 1,250 1,006 (244) Postage and Shipping 500 257 (243) Printing and Copying 1,500 1,116 (384) IMRF Participants 25,582 21,727 (3,855) Social Security and Medicare 20,176 17,409 (2,767) Computer Equipment and Software 3,300 2,627 (673) Office Equipment 500 (500) Energy and Recycling Grant 5,307 5,307 Total Engineering 357,821 294,791 (63,030) Total General Government 4,308,349 4,713,073 404,724 (Cont.) 67 UNITED CITY OF YORKVILLE,ILLINOIS General Fund Schedule of Expenditures- Budget and Actual(Cont.) For the Year Ended April 30,2011 Variance from Original Budget Budget Actual Over(Under) Public Safety Police Department Salaries-Employees 1,316,326 1,167,964 (148,362) Salaries-Lieutenant/Sergeant 673,166 660,249 (12,917) Salaries-Crossing Guard 25,000 17,381 (7,619) Salaries-Police Clerks 212,386 156,502 (55,884) Salaries-Part Time 39,000 30,604 (8,396) Salaries-Overtime 60,000 61,250 1,250 Cadet Program 13,500 12,045 (1,455) Salaries-Grant Reimbursement 21,337 21,337 Police Special Detail 4,432 4,432 Legal Services 20,000 (20,000) Contractual Services 722 722 Maintenance-Equipment 9,750 6,286 (3,464) Maintenance-Vehicles 47,000 43,648 (3,352) Maintenance-Computers 2,500 272 (2,228) Maintenance-K-9 1,000 11 (989) Weather Warning Siren Maintenance 4,000 3,513 (487) Wearing Apparel 10,000 10,586 586 Cops Grant -Vests 4,200 5,460 1,260 Kendall County Probation 3,000 2,683 (317) Telephone 21,500 9,499 (12,001) Cellular Telephone 17,920 12,644 (5,276) MTD-Alerts Fee 5,150 6,660 1,510 New World Live Scan 15,000 10,281 (4,719) Admin Adjudication Contractual 15,000 16,863 1,863 Dues 1,000 1,115 115 Subscriptions 350 (350) Training and Conference 8,025 8,554 529 Travel Expenses 6,575 1,873 (4,702) Community Relations 500 391 (109) Police Commission 7,000 3,677 (3,323) Tuition Reimbursement 2,800 1,808 (992) Gun Range Fees 500 (500) Special Response Team Fee 3,500 3,500 Neighborhood Watch 1,500 (1,500) Citizens Police Academy 1,839 (1,839) Compliance Checks 500 (500) (Cont.) 68 UNITED CITY OF YORKVILLE,ILLINOIS General Fund Schedule of Expenditures- Budget and Actual(Cont.) For the Year Ended April 30,2011 Variance from Original Budget Budget Actual Over(Under) Public Safety(Cont.) Police Department(Cont.) Dare Program 3,000 2,629 (3'71) Supplies-Grant Reimbursement 106 106 Office Supplies 3,000 2,933 (67) Evidence Tech Supplies 1,000 995 (5) Operating Supplies 8,500 6,066 (2,434) Postage and Shipping 3,000 986 (2,014) Printing and Copying 4,500 2,923 (1,577) Publishing and Advertising 100 86 (14) Gasoline 80,000 70,080 (9,920) Ammunition 2,000 1,995 (5) Admin Adjudication Operating 1,000 (1,000) IMRF Participants 24,385 14,455 (9,930) Social Security and Medicare 178,962 157,082 (21,880) Police Pension 325,000 336,075 11,075 Computer Equipment and Software 7,000 5,032 (1,968) Total Public Safety 3,190,934 2,883,253 (307,681) Community Development Building and Zoning Employee Salaries 287,132 269,607 (17,525) Legal Services 8,000 1,777 (6,223) Inspections 25,000 17,387 (7,613) Contractual Services 13,000 1,738 (11,262) Economic Development 45,000 45,000 Cellular Telephone 1,500 1,318 (182) Dues 1,500 1,016 (484) Training and Conferences 200 115 (85) Office Supplies 500 469 (31) Operating Supplies 3,500 712 (2,788) Postage and Shipping 1,000 230 (770) Printing and Copying 1,300 1,062 (238) Publishing and Advertising 150 87 (63) Books and Maps 500 493 (7) IMRF Participants 27,851 24,175 (3,676) Social Security and Medicare 21,966 19,586 (2,380) (Cont.) 69 UNITED CITY OF YORKVILLE,ILLINOIS General Fund Schedule of Expenditures- Budget and Actual(Cont.) For the Year Ended April 30,2011 Variance from Original Budget Budget Actual Over(Under) Community Development(Cont.) Building and Zoning(Cont.) Computer Equipment and Software 7,955 2,171 (5,784) Office Equipment 125 (125) Full Circle Grant 8,348 8,348 Total Community Development 446,179 395,291 (50,888) Public Works Streets Operations Salaries-Employee 243,472 285,143 41,671 Salaries-Overtime 28,000 10,784 (17,216) Inspections and Licenses 700 470 (230) Contractual Services 1,000 695 (305) Maintenance-Equipment 10,000 9,226 (774) Maintenance-Vehicles 25,000 22,110 (2,890) Maintenance-Traffic Signals 15,000 36,568 21,568 Maintenance-Street Lights 9,000 25,011 16,011 Maintenance-Property 30,000 13,672 (16,328) Maintenance-Storm Sewer 5,000 5,473 473 Wearing Apparel 4,200 2,386 (1,814) Rental-Equipment 1,000 176 (824) Electricity 75,000 89,784 14,784 Cellular Telephone 4,020 2,053 (1,967) Training and Conferences 2,000 180 (1,820) Operating Supplies 10,000 3,375 (6,625) Gasoline 32,000 29,350 (2,650) Hand Tools 1,000 1,380 380 Gravel 1,500 427 (1,073) IMRF Participants 26,332 27,424 1,092 Social Security and Medicare 20,768 22,091 1,323 Hanging Baskets 2,000 2,048 48 Mosquito Control 15,000 6,500 (8,500) Safety Equipment 500 516 16 In Town Road Program 40,232 (40,232) Tree and Stump Removal 10,000 8,300 (1,700) Sidewalk Construction 4,000 1,225 (2,775) Total Streets Operations 616,724 606,367 (10,357) (Cont.) 70 UNITED CITY OF YORKVILLE,ILLINOIS General Fund Schedule of Expenditures- Budget and Actual(Cont.) For the Year Ended April 30,2011 Variance from Original Budget Budget Actual Over(Under) Public Works(Cont.) Health and Sanitation Garbage Services 1,140,000 1,177,611 37,611 Leaf Pickup 6,000 4,560 (1,440) Total Health and Sanitation 1,146,000 1,182,171 36,171 Total Public Works 1,762,724 1,788,538 25,814 Total Expenditures $ 9,708,186 9,780,155 71,969 71 NONMAJOR GOVERNMENTAL FUNDS- COMBINING STATEMENTS UNITED CITY OF YORKVILLE,ILLINOIS Combining Balance Sheet Nonmajor Governmental Funds April 30,2011 Total Special Debt Capital Nonmajor Revenue Service Projects Governmental Funds Fund Funds Funds ASSETS Assets Cash and Equivalents $3,649,011 8,653 371,888 4,029,552 Receivables: Property Taxes Receivable 324,179 324,179 Intergovernmental Receivables 347,407 347,407 Accounts Receivable 2,975 2,449 5,424 Interfund Receivables 389,961 195,752 585,713 Prepaid Items 1,629 6,858 8,487 Total Assets $4,390,983 332,832 576,947 5,300,762 LIABILITIES AND FUND BALANCES Liabilities Accounts Payable $ 127,391 7,125 134,516 Retainage Payable 3,201 3,201 Accrued Payroll 14,515 14,515 Deferred Revenue 28,194 324,179 352,373 Other Liabilities 5,384 214,037 219,421 Interfund Payables 741,002 587,024 1,328,026 Total Liabilities 919,687 324,179 808,186 2,052,052 Fund Balances Reserved for Prepaids 1,629 6,858 8,487 Capital Purposes 2,388,310 348,275 2,736,585 Debt Service 569,790 8,653 578,443 Unreserved Special Revenue Funds 511,567 511,567 Capital Projects Funds (586,372) (586,372) Total Fund Balances 3,471,296 8,653 (231,239) 3,248,710 Total Liabilities and Fund Balances $4,390,983 332,832 576,947 5,300,762 72 UNITED CITY OF YORKVILLE,ILLINOIS Combining Statement of Revenues,Expenditures, and Changes in Fund Balances Nonmajor Governmental Funds For the Year Ended April 30,2011 Total Special Debt Capital Nonmajor Revenue Service Projects Governmental Funds Fund Funds Funds Revenues Property Taxes $ 343,845 343,845 Intergovernmental 523,767 523,767 Licenses,Permits and Fees 119,699 1,025 88,966 209,690 Fines and Forfeits 12,612 12,612 Charges for Services 220,962 220,962 Investment Income 4,289 19 4,308 Contributions 7,445 99 7,544 Grants 505,940 64,000 569,940 Other Revenue 198,329 29,780 228,109 Total Revenues 1,924,276 1,025 195,476 2,120,777 Expenditures Current General Government 5,507 5,740 11,247 Public Safety 3,060 3,060 Public Works 249,871 49 249,920 Culture and Recreation 1,360,244 1,360,244 Total Current Expenditures 1,615,622 - 8,849 1,624,471 Capital Outlays 118,934 250,896 369,830 Debt Service Principal 240,000 280,000 151,544 671,544 Interest and Fees 147,026 149,404 55,751 352,181 Total Debt Service 387,026 429,404 207,295 1,023,725 Total Expenditures 2,121,582 429,404 467,040 3,018,026 Excess(Deficiency)of Revenues over Expenditures (197,306) (428,379) (271,564) (897,249) Other Financing Sources(Uses) Transfers In 951,890 429,404 231,484 1,612,778 Transfers Out (156,449) (156,449) Total Other Financing Sources(Uses) 795,441 429,404 231,484 1,456,329 Net Change in Fund Balances 598,135 1,025 (40,080) 559,080 Fund Balance at Beginning of Year 2,873,161 7,628 (191,159) 2,689,630 Fund Balance at End of Year $3,471,296 8,653 (231,239) 3,248,710 73 NONMAJOR SPECIAL REVENUE FUNDS Special Revenue Funds are used to account for specific revenues that are restricted to expenditures for particular purposes. The Fox Hill SSA Fund is used to account for the revenues and expenditures associated with the maintenance of the common areas of the Fox Hill Estates subdivision. The Sunflower SSA Fund is used to account for the revenues and expenditures associated with the maintenance of the common areas of the Sunflower Estates subdivision. The Motor Fuel Tax Fund is used to account for allotments of motor fuel taxes from the State of Illinois made on per capita basis. These taxes are to be used to construct and maintain streets, traffic signals and signs. The Land Cash Fund is used to account for revenues and expenditures associated with the construction of park facilities. The Parks and Recreation Fund is used to account for revenues and expenditures associated with Yorkville's Parks and Recreation departments. The Fox Industrial TIF Fund is used to account for the accumulation of monies for the payment of the 2002 General Obligation Bond Series. These bonds were issued to finance capital improvements in the Fox Industrial Park Area. The Countryside TIF Fund is used to account for the accumulation of monies for the payment of the 2005 General Obligation Bond Series. These bonds were issued to finance future retail development at Countryside Center. The Downtown TIF Fund is used to account for the revenues and expenditures associated with the development activities of the downtown area. UNITED CITY OF YORKVILLE,ILLINOIS Nonmajor Special Revenue Funds Combining Balance Sheet April 30,2011 Fox Motor Hill Sunflower Fuel Land Parks& SSA SSA Tax Cash Recreation Fund Fund Fund Fund Fund ASSETS Assets Cash and Equivalents $ 18,249 12,442 660,220 Receivables: Intergovernmental Receivables 34,752 312,655 Accounts Receivable 2,975 Interfund Receivables 389,961 Prepaid Items 1,629 Total Assets $ 18,249 12,442 694,972 312,655 394,565 LIABILITIES AND FUND BALANCES Liabilities Accounts Payable $ 307 520 54,573 56,974 15,017 Retainage Payable 3,201 Accrued Payroll 14,515 Deferred Revenue 28,194 Other Liabilities 103 5,281 Interfund Payables 641,002 100,000 Total Liabilities 307 520 54,573 701,280 163,007 Fund Balances Reserved for Prepaids 1,629 Capital Purposes Debt Service Unreserved Special Revenue Funds 17,942 11,922 640,399 (388,625) 229,929 Total Fund Balances 17,942 11,922 640,399 (388,625) 231,558 Total Liabilities and Fund Balances $ 18,249 12,442 694,972 312,655 394,565 74 Total Nomnajor Fox Countryside Downtown Special Industrial TIF TIF TIF Revenue Fund Fund Fund Funds 569,790 2,178,550 209,760 3,649,011 347,407 2,975 389,961 1,629 569,790 2,178,550 209,760 4,390,983 127,391 3,201 14,515 28,194 5,384 741,002 - - - 919,687 1,629 2,178,550 209,760 2,388,310 569,790 569,790 511,567 569,790 2,178,550 209,760 3,471,296 569,790 2,178,550 209,760 4,390,983 75 UNITED CITY OF YORKVILLE,ILLINOIS Nonmajor Special Revenue Funds Combining Statement of Revenues,Expenditures, and Changes in Fund Balances For the Year Ended April 30,2011 Fox Motor Hill Sunflower Fuel Land Parks& SSA SSA Tax Cash Recreation Fund Fund Fund Fund Fund Revenues Property Taxes $ 19,894 13,871 Intergovernmental 523,767 Licenses,Permits and Fees 119,699 Charges for Services 220,962 Investment Income 839 300 Contributions 7,445 Grants 151,000 354,940 Other Revenue 11,665 186,664 Total Revenues 19,894 13,871 687,271 474,639 415,371 Expenditures Current General Government Public Works 4,178 8,137 237,556 Culture and Recreation 199,390 1,160,854 Total Current Expenditures 4,178 8,137 237,556 199,390 1,160,854 Capital Outlays 118,934 Debt Service Principal Interest and Fees Total Debt Service - - - - - Total Expenditures 4,178 8,137 356,490 199,390 1,160,854 Excess(Deficiency)of Revenues over Expenditures 15,716 5,734 330,781 275,249 (745,483) Other Financing Sources(Uses) Transfers In 951,890 Transfers Out (96,000) (60,449) Total Other Financing Sources(Uses) - - (96,000) (60,449) 951,890 Net Change in Fund Balances 15,716 5,734 234,781 214,800 206,407 Fund Balance at Beginning of Year 2,226 6,188 405,618 (603,425) 25,151 Fund Balance at End of Year $ 17,942 11,922 640,399 (388,625) 231,558 76 Total Nonmajor Fox Countryside Downtown Special Industrial TIF TIF TIF Revenue Fund Fund Fund Funds 228,346 6,372 75,362 343,845 523,767 119,699 220,962 15 3,135 4,289 7,445 505,940 198,329 228,361 9,507 75,362 1,924,276 1,989 1,622 1,896 5,507 249,871 1,360,244 1,989 1,622 1,896 1,615,622 118,934 70,000 170,000 240,000 9,933 137,093 147,026 79,933 307,093 - 387,026 81,922 308,715 1,896 2,121,582 146,439 (299,208) 73,466 (197,306) 951,890 (156,449) - - - 795,441 146,439 (299,208) 73,466 598,135 423,351 2,477,758 136,294 2,873,161 569,790 2,178,550 209,760 3,471,296 77 UNITED CITY OF YORKVILLE,ILLINOIS Fox Hill Special Service Area Fund Schedule of Revenues,Expenditures and Changes in Fund Balance-Budget and Actual For the Year Ended April 30,2011 Original and Variance from Final Budget Budget Actual Over(Under) Revenues Fox Hill Property Tax Levy $ 19,463 19,894 431 Expenditures Public Works Common Grounds Maintenance 3,458 4,178 720 Net Change in Fund Balance 16,005 15,716 (289) Fund Balance at Beginning of Year 2,226 2,226 Fund Balance at End of Year $ 18,231 17,942 (289) 78 UNITED CITY OF YORKVILLE,ILLINOIS Sunflower Special Service Area Fund Schedule of Revenues,Expenditures and Changes in Fund Balance-Budget and Actual For the Year Ended April 30,2011 Original and Variance from Final Budget Budget Actual Over(Under) Revenues Sunflower Property Tax Levy $ 13,112 13,871 759 Expenditures Public Works Common Grounds Maintenance 8,253 8,137 (116) Net Change in Fund Balance 4,859 5,734 875 Fund Balance at Beginning of Year 6,188 6,188 Fund Balance at End of Year $ 11,047 11,922 875 79 UNITED CITY OF YORKVILLE,ILLINOIS Motor Fuel Tax Fund Schedule of Revenues,Expenditures and Changes in Fund Balance-Budget and Actual For the Year Ended April 30,2011 Original and Variance from Final Budget Budget Actual Over(Under) Revenues Intergovernmental $ 355,000 523,767 168,767 Investment Income 1,000 839 (161) Grant Revenue 151,000 151,000 Other Revenue 11,665 11,665 Total Revenues 356,000 687,271 331,271 Expenditures Public Works Contractual Services 33,516 33,516 Supplies 295,600 204,040 (91,560) Capital Outlay Streets and Alleys 180,000 118,934 (61,066) Total Expenditures 475,600 356,490 (119,110) Excess(Deficiency)of Revenues over Expenditures (119,600) 330,781 450,381 Other Financing Uses Transfers Out (96,000) (96,000) Net Change in Fund Balance (119,600) 234,781 354,381 Fund Balance at Beginning of Year 405,618 405,618 Fund Balance at End of Year $ 286,018 640,399 354,381 80 UNITED CITY OF YORKVILLE,ILLINOIS Land Cash Fund Schedule of Revenues,Expenditures and Changes in Fund Balance-Budget and Actual For the Year Ended April 30,2011 Original and Variance from Final Budget Budget Actual Over(Under) Revenues Licenses,Permits and Fees Autumn Creek $ 22,000 18,460 (3,540) Bristol Bay Land Cash 100,000 100,000 Blackberry Woods 568 568 Caledonia 38,000 (38,000) River's Edge 671 671 Total Licenses,Permits and Fees 60,000 119,699 59,699 Grants Whispering Meadows 323,000 312,655 (10,345) Wheaton Woods 30,000 42,285 12,285 Total Grants 353,000 354,940 1,940 Total Revenues 413,000 474,639 61,639 Expenditures Culture and Recreation Wheaton Woods Nature Trail 2,133 2,133 Raintree Village 495,000 88,175 (406,825) Bristol Bay Park 100,000 85,062 (14,938) Brisol Bay Regional Park 14,020 14,020 Mosier Holding Costs 10,000 10,000 Total Expenditures 605,000 199,390 (405,610) Excess(Deficiency)of Revenues over Expenditures (192,000) 275,249 467,249 Other Financing Uses Transfers Out (60,449) (60,449) Net Change in Fund Balance (252,449) 214,800 467,249 Fund Balance at Beginning of Year (603,425) (603,425) Fund Balance at End of Year $ (855,874) (388,625) 467,249 81 UNITED CITY OF YORKVILLE,ILLINOIS Parks and Recreation Fund Schedule of Revenues,Expenditures and Changes in Fund Balance-Budget and Actual For the Year Ended April 30,2011 Original and Variance from Final Budget Budget Actual Over(Under) Revenues Charges for Services Fees for Programs $ 225,000 189,890 (35,110) Concessions 30,000 31,072 1,072 Total Charges for Services 255,000 220,962 (34,038) Investment Income 500 300 (200) Contributions Donations 14,000 6,745 (7,255) Tree Donations 600 700 100 Total Contributions 14,600 7,445 (7,155) Grants Youth Services Grant 500 (500) Other Revenue Rental Income 15,000 22,471 7,471 Golf Outing Revenue 9,000 (9,000) Retail Revenue 3,500 (3,500) Hometown Days Revenue 130,000 137,142 7,142 Insurance Reimbursements 7,329 7,329 Miscellaneous Income 19,722 19,722 Total Other Revenue 157,500 186,664 29,164 Total Revenues 428,100 415,371 (12,729) Expenditures Culture and Recreation Park Operations Salaries-Employees 350,026 355,091 5,065 Salaries-Part-Time 17,000 15,969 (1,031) Salaries-Overtime 4,000 439 (3,561) Park Contractual 2,000 3,323 1,323 Maintenance-Equipment 14,000 17,143 3,143 Maintenance-Parks 34,000 27,088 (6,912) Wearing Apparel 4,100 4,031 (69) Rental Equipment 2,500 188 (2,312) Cellular Telephone 4,200 1,802 (2,398) (Cont.) 82 UNITED CITY OF YORKVILLE,ILLINOIS Parks and Recreation Fund Schedule of Revenues,Expenditures and Changes in Fund Balance-Budget and Actual(Cont.) For the Year Ended April 30,2011 Original and Variance from Final Budget Budget Actual Over(Under) Expenditures(Cont.) Culture and Recreation(Cont.) Park Operations(Cont.) Legal 4,000 1,749 (2,251) Training and Conferences 1,500 309 (1,191) Office Supplies 300 152 (148) Operating Supplies 20,000 10,400 (9,600) Hand Tools 1,750 1,785 35 Christmas Decorations 1,000 359 (641) Public Decoration 500 (500) IMRF Participants 33,953 32,914 (1,039) Social Security/Medicare 28,383 27,503 (880) Computer Equipment and Software 500 (500) Office Equipment 500 (500) Flowers/Trees 500 473 (27) Total Park Operations 524,712 500,718 (23,994) Recreation Operations Salaries-Employee 368,532 248,541 (119,991) Salaries-Concession 10,000 9,021 (979) Salaries-Pre-School 20,000 23,085 3,085 Salaries-Part time 22,080 12,708 (9,372) Salaries-Overtime 300 (300) Salaries-Instructor Contractual 16,000 22,657 6,657 Salaries-Recording Secretary 3,000 (3,000) Contractual Services 50,000 49,076 (924) Maintenance Supplies 2,000 412 (1,588) Maintenance-Vehicles 1,000 1,387 387 Maintenance-Office Equipment 3,500 2,459 (1,041) Youth Services Grant Expenses 500 (500) Electricity 22,000 21,229 (771) Telephone/Internet 1,300 3,556 2,256 Cellular Telephone 3,000 1,961 (1,039) Portable Toilets 4,500 3,750 (750) Publishing/Advertising 27,000 27,872 872 Books/Publications 100 (100) Dues 1,500 482 (1,018) (Cont.) 83 UNITED CITY OF YORKVILLE,ILLINOIS Parks and Recreation Fund Schedule of Revenues,Expenditures and Changes in Fund Balance-Budget and Actual(Cont.) For the Year Ended April 30,2011 Original and Variance from Final Budget Budget Actual Over(Under) Expenditures(Cont.) Culture and Recreation(Cont.) Recreation Operations(Cont.) Training and Conferences 500 680 180 Office Supplies 3,000 2,466 (534) Program Supplies 53,600 47,154 (6,446) Operating Supplies 1,000 388 (612) Recreation Equipment 2,000 283 (1,717) Postage and Shipping 8,000 7,006 (994) Gasoline 3,000 1,626 (1,374) Mileage 300 (300) Golf Outing Expenses 6,000 (6,000) Concessions 18,000 17,834 (166) Hometown Days Expenses 100,000 99,903 (97) Scholarships 1,000 221 (779) Program Refund 7,000 3,082 (3,918) IMRF Participants 41,537 24,798 (16,739) Social Security/Medicare 30,351 23,899 (6,452) Computer Equipment&Software 2,600 2,600 Miscellaneous Retail 3,000 (3,000) Total Recreation Operations 837,200 660,136 (177,064) Total Expenditures 1,361,912 1,160,854 (201,058) Excess(Deficiency)of Revenues over Expenditures (933,812) (745,483) 188,329 Other Financing Sources(Uses) Transfers In 951,890 951,890 Net Change in Fund Balance 18,078 206,407 188,329 Fund Balance at Beginning of Year 25,151 25,151 Fund Balance at End of Year $ 43,229 231,558 188,329 84 UNITED CITY OF YORKVILLE,ILLINOIS Fox Industrial TIF Fund Schedule of Revenues,Expenditures and Changes in Fund Balance-Budget and Actual For the Year Ended April 30,2011 Original and Variance from Final Budget Budget Actual Over(Under) Revenues Property Taxes $ 216,677 228,346 11,669 Investment Income 50 15 (35) Total Revenues 216,727 228,361 11,634 Expenditures General Government Administration Fees 500 1,989 1,489 Debt Service Principal 70,000 70,000 Interest 9,933 9,933 Total Debt Service 79,933 79,933 - Total Expenditures 80,433 81,922 1,489 Net Change in Fund Balance 136,294 146,439 10,145 Fund Balance at Beginning of Year 423,351 423,351 Fund Balance at End of Year $ 559,645 569,790 10,145 85 UNITED CITY OF YORKVILLE,ILLINOIS Countryside TIF Fund Schedule of Revenues,Expenditures,and Changes in Fund Balance-Budget and Actual For the Year Ended April 30,2011 Original and Variance from Final Budget Budget Actual Over(Under) Revenues Property Taxes $ 6,250 6,372 122 Investment Income 6,104 3,135 (2,969) Total Revenues 12,354 9,507 (2,847) Expenditures General Government Administrative Fees 1,000 1,622 622 Debt Service Principal 170,000 170,000 Interest 137,093 137,093 Total Expenditures 308,093 308,715 622 Net Change in Fund Balance (295,739) (299,208) (3,469) Fund Balance at Beginning of Year 2,477,758 2,477,758 Fund Balance at End of Year $ 2,182,019 2,178,550 (3,469) 86 UNITED CITY OF YORKVILLE,ILLINOIS Downtown TIF Fund Schedule of Revenues,Expenditures,and Changes in Fund Balance-Budget and Actual For the Year Ended April 30,2011 Original and Variance from Final Budget Budget Actual Over(Under) Revenues Property Taxes $ 88,550 75,362 (13,188) Expenditures General Government Administrative Fees 1,500 1,896 396 Net Change in Fund Balance 87,050 73,466 (13,584) Fund Balance at Beginning of Year 136,294 136,294 Fund Balance at End of Year $ 223,344 209,760 (13,584) 87 NONMAJOR DEBT SERVICE FUND The Debt Service Fund is used to account for the accumulation of resources for, and the payment of, principal, interest and related costs of the Series 2004C and 2005A General Obligation Bonds. These bonds were issued to finance roadway improvements. UNITED CITY OF YORKVILLE,ILLINOIS Schedule of Revenues,Expenditures and Changes in Fund Balance-Budget and Actual Debt Service Fund For the Year Ended April 30,2011 Original and Variance from Final Budget Budget Actual Over(Under) Revenues Licenses,Permits and Fees $ 1,025 1,025 Expenditures Debt Service Principal 280,000 280,000 Interest 149,404 149,404 Total Expenditures 429,404 429,404 - Excess(Deficiency)of Revenues over Expenditures (429,404) (428,379) 1,025 Other Financing Sources Transfers In 429,404 429,404 Net Change in Fund Balance - 1,025 1,025 Fund Balance at Beginning of Year 7,628 7,628 Fund Balance at End of Year $ 7,628 8,653 1,025 88 NONMAJOR CAPITAL PROJECTS FUNDS Capital Projects Funds are used to account for financial resources to be used for the acquisition or construction of major capital facilities. The Municipal Building Fund is used to account for financial resources accumulated to finance capital improvements to City buildings. The Police Capital Fund is used to account for financial resources accumulated to purchase public safety vehicles and equipment. The Public Works Capital Fund is used to account for financial resources accumulated to purchase vehicles,equipment and other capital assets for use in the Public Works department. The Parks and Recreation Capital Fund is used to account for financial resources accumulated for land improvements and to purchase equipment used for the maintenance of this improved park land and open space. The Citywide Capital Fund is used to account for the financial resources accumulated for maintenance of public infrastructure,and to fund new capital improvements that benefit the public. UNITED CITY OF YORKVILLE,ILLINOIS Nonmajor Capital Projects Funds Combining Balance Sheet April 30,2011 Municipal Police Public Works Building Capital Capital Fund Fund Fund ASSETS Assets Cash and Equivalents $ 195,154 101,885 Receivables: Accounts Receivable 2,449 Interfund Receivables Prepaid Items 6,858 Total Assets $ - 197,603 108,743 LIABILITIES AND FUND BALANCES Liabilities Accounts Payable $ 2,656 Other Liabilities Interfund Payables 587,024 Total Liabilities 587,024 2,656 - Fund Balances Reserved for Prepaids 6,858 Capital Purposes 194,947 101,885 Unreserved Capital Projects Funds (587,024) Total Fund Balances (587,024) 194,947 108,743 Total Liabilities and Fund Balances $ - 197,603 108,743 89 Total Parks and Nonmajor Recreation Citywide Capital Capital Capital Projects Fund Fund Funds 13,976 60,873 371,888 2,449 195,752 195,752 6,858 209,728 60,873 576,947 4,469 7,125 158,285 55,752 214,037 587,024 158,285 60,221 808,186 6,858 51,443 348,275 652 (586,372) 51,443 652 (231,239) 209,728 60,873 576,947 90 UNITED CITY OF YORKVILLE,ILLINOIS Nonmajor Capital Projects Funds Combining Statement of Revenues,Expenditures, and Changes in Fund Balances For the Year Ended April 30,2011 Municipal Police Public Works Building Capital Capital Fund Fund Fund Revenues Licenses,Permits and Fees $ 20,700 16,416 25,100 Fines and Forfeits 12,612 Investment Income Contributions Grants Other Revenue 8,900 12,180 Total Revenues 20,700 37,928 37,280 Expenditures Current General Government Public Safety 3,060 Public Works 49 Total Current Expenditures - 3,060 49 Capital Outlays 50,205 4,000 Debt Service Principal 26,544 Interest and Fees 55,751 Total Debt Service - - 82,295 Total Expenditures - 53,265 86,344 Excess(Deficiency)of Revenues over Expenditures 20,700 (15,337) (49,064) Other Financing Sources Transfers In Net Change in Fund Balances 20,700 (15,337) (49,064) Fund Balance at Beginning of Year (607,724) 210,284 157,807 Fund Balance at End of Year $ (587,024) 194,947 108,743 91 Total Parks and Nonmajor Recreation Citywide Capital Capital Capital Projects Fund Fund Funds 1,650 25,100 88,966 12,612 19 19 99 99 64,000 64,000 7,500 1,200 29,780 9,249 90,319 195,476 5,740 5,740 3,060 49 - 5,740 8,849 24,658 172,033 250,896 125,000 151,544 55,751 - 125,000 207,295 24,658 302,773 467,040 (15,409) (212,454) (271,564) 231,484 231,484 (15,409) 19,030 (40,080) 66,852 (18,378) (191,159) 51,443 652 (231,239) 92 UNITED CITY OF YORKVILLE,ILLINOIS Municipal Building Fund Schedule of Revenues,Expenditures and Changes in Fund Balance-Budget and Actual For the Year Ended April 30,2011 Original and Variance from Final Budget Budget Actual Over(Under) Revenues Licenses,Permits and Fees $ 55,000 20,700 (34,300) Net Change in Fund Balance 55,000 20,700 (34,300) Fund Balance at Beginning of Year (607,724) (607,724) Fund Balance at End of Year $ (552,724) (587,024) (34,300) 93 UNITED CITY OF YORKVILLE,ILLINOIS Police Capital Fund Schedule of Revenues,Expenditures and Changes in Fund Balance-Budget and Actual For the Year Ended April 30,2011 Original and Variance from Final Budget Budget Actual Over(Under) Revenues Licenses,Permits and Fees Development Fees $ 31,000 16,416 (14,584) Fines and Forfeits DUI Fines 6,462 6,462 Electronic Citations 122 122 Impound Fees 5,000 6,028 1,028 Other Revenue 1,000 8,900 7,900 Total Revenues 37,000 37,928 928 Expenditures Public Safety Contractual Services 1,500 3,060 1,560 Capital Outlay Police Equipment Equipment 40,000 1,462 (38,538) K-9 Equipment 2,500 (2,500) Vehicles 40,000 42,310 2,310 Car Build Out 20,000 6,433 (13,567) Total Expenditures 104,000 53,265 (50,735) Excess(Deficiency)of Revenues over Expenditures (67,000) (15,337) 51,663 Other Financing Sources Transfers In 25,000 (25,000) Net Change in Fund Balance (42,000) (15,337) 26,663 Fund Balance at Beginning of Year 210,284 210,284 Fund Balance at End of Year $ 168,284 194,947 26,663 94 UNITED CITY OF YORKVILLE,ILLINOIS Public Works Capital Fund Schedule of Revenues,Expenditures and Changes in Fund Balance-Budget and Actual For the Year Ended April 30,2011 Original and Variance from Final Budget Budget Actual Over(Under) Revenues Licenses,Permits and Fees Development Fees $ 35,000 25,100 (9,900) Other Revenue 12,180 12,180 Total Revenue 35,000 37,280 2,280 Expenditures Public Works Contractual Services 49 49 Supplies 5,000 (5,000) Capital Outlay Public Works Equipment Vehicles 46,000 (46,000) Skidsteer Upgrade 4,000 4,000 Debt Service Public Works Building 84,000 82,295 (1,705) Total Expenditures 139,000 86,344 (52,656) Net Change in Fund Balance (104,000) (49,064) 54,936 Fund Balance at Beginning of Year 157,807 157,807 Fund Balance at End of Year $ 53,807 108,743 54,936 95 UNITED CITY OF YORKVILLE,ILLINOIS Parks and Recreation Capital Fund Schedule of Revenues,Expenditures and Changes in Fund Balance-Budget and Actual For the Year Ended April 30,2011 Original and Variance from Final Budget Budget Actual Over(Under) Revenues Parks Capital Fee $ 2,500 1,650 (850) Investment Income 99 99 Other Revenue 15,000 7,500 (7,500) Total Revenues 17,500 9,249 (8,251) Expenditures Capital Outlay Park Equipment Raintree Park 158,135 9,002 (149,133) Baseball Field Construction 15,000 15,656 656 Total Expenditures 173,135 24,658 (148,477) Net Change in Fund Balance (155,635) (15,409) 140,226 Fund Balance at Beginning of Year 66,852 66,852 Fund Balance at End of Year $ (88,783) 51,443 140,226 96 UNITED CITY OF YORKVILLE,ILLINOIS Citywide Capital Fund Schedule of Revenues,Expenditures and Changes in Fund Balance-Budget and Actual For the Year Ended April 30,2011 Original and Variance from Final Budget Budget Actual Over(Under) Revenues Licenses,Permits and Fees Engineering Capital Fee $ 4,000 3,100 (900) Road Contribution Fee 24,000 22,000 (2,000) Investment Income 19 19 Grants 231,000 64,000 (167,000) Other Revenue 1,200 1,200 Total Revenues 259,000 90,319 (168,681) Expenditures General Government Contractual Services 5,740 5,740 Capital Outlay Vehicles 4,000 (4,000) Sidewalk Replacement 37,500 10,484 (27,016) Parkway Tree Planting 25,000 (25,000) Sidewalk Replacement Riverfront 50,000 (50,000) Safe Routes to School 46,200 (46,200) Safe Routes to School(Construction) 184,800 (184,800) Town Square Park 25,000 (25,000) Faxon Road Row 85,000 (85,000) Old Jail 161,549 161,549 Debt Service Ron Clark Property Purchase Note 125,000 125,000 Total Expenditures 582,500 302,773 (279,727) Excess(Deficiency)of Revenues over Expenditures (323,500) (212,454) 111,046 Other Financing Sources Transfers In 162,500 231,484 68,984 Net Change in Fund Balance (161,000) 19,030 180,030 Fund Balance at Beginning of Year (18,378) (18,378) Fund Balance at End of Year $ (179,378) 652 180,030 97 PROPRIETARY FUND TYPE ENTERPRISE FUNDS Enterprise Funds are established to account for the financing of self-supporting activities of governmental units which render services to the general public on a user charge basis. Enterprise Funds are maintained on the accrual basis of accounting. The Sewer Fund (major fund) is used to account for the operation and sewer infrastructure maintenance of the City-owned sewer system, as well as the construction of new sewer systems within City limits. Revenues are generated through a user maintenance fee. The Water Fund(major fund)is used to account for the operation and infrastructure maintenance of the City-owned water distribution system and construction of new water systems. Revenues are generated through charges to users based on water consumption. The Recreation Center Fund is used to account for the revenues and expenses of the recreation center which is operated by the Parks and Recreation department. Revenues are generated through user fees. UNITED CITY OF YORKVILLE,ILLINOIS Sewer Fund Schedule of Revenues,Expenses and Changes in Net Assets-Budget and Actual For the Year Ended April 30,2011 Original and Variance from Final Budget Budget Actual Over(Under) Operating Revenues Charges for Services $ 580,000 731,743 151,743 Other Revenue 4,815 4,815 Total Revenues 580,000 736,558 156,558 Operating Expenses Operations 426,575 405,241 (21,334) Depreciation 427,322 427,322 Total Operating Expenses 426,575 832,563 405,988 Operating Income(Loss) 153,425 (96,005) (249,430) Nonoperating Revenues(Expenses) Connection Fees 300,000 740,000 440,000 Investment Income 1,800 1,517 (283) Amortization Expense (28,103) (28,103) Interest Expense (1,510,813) (767,493) 743,320 Total Nonoperating Revenues(Expenses) (1,209,013) (54,079) 1,154,934 Income(Loss)before Contributions and Transfers (1,055,588) (150,084) 905,504 Contributions and Transfers Contributions-Capital Assets 171,170 171,170 Transfers Out (83,045) (165,895) (82,850) Total Contributions and Transfers (83,045) 5,275 88,320 Change in Net Assets (1,138,633) (144,809) 993,824 Net Assets at Beginning of Year 16,883,090 16,883,090 Net Assets at End of Year $ 15,744,457 16,738,281 993,824 98 UNITED CITY OF YORKVILLE,ILLINOIS Water Fund Schedule of Revenues,Expenses and Changes in Net Assets-Budget and Actual For the Year Ended April 30,2011 Original and Variance from Final Budget Budget Actual Over(Under) Operating Revenues Charges for Services $ 1,349,250 1,753,713 404,463 Other Revenue 8,755 8,755 Total Revenues 1,349,250 1,762,468 413,218 Operating Expenses Operations 1,173,757 1,095,220 (78,537) Improvements 271,856 (271,856) Depreciation 777,189 777,189 Total Expenses 1,445,613 1,872,409 426,796 Operating Loss (96,363) (109,941) (13,578) Nonoperating Revenues(Expenses) Connection Fees 190,000 96,140 (93,860) Improvement Expansion Fee 580,104 685,188 105,084 Investment Income 3,000 1,884 (1,116) Amortization Expense (91,873) (91,873) Interest Expense (585,201) (431,818) 153,383 Total Nonoperating Revenues(Expenses) 187,903 259,521 71,618 Income before Contributions and Transfers 91,540 149,580 58,040 Contributions and Transfers Contributions-Capital Assets 70,174 70,174 Transfers In 82,850 82,850 Transfers Out (91,863) (91,863) Total Contributions and Transfers (91,863) 61,161 153,024 Change in Net Assets (323) 210,741 211,064 Net Assets at Beginning of Year 19,308,639 19,308,639 Net Assets at End of Year $ 19,308,316 19,519,380 211,064 99 UNITED CITY OF YORKVILLE,ILLINOIS Recreation Center Fund Schedule of Revenues,Expenses and Changes in Net Assets-Budget and Actual For the Year Ended April 30,2011 Original and Variance from Final Budget Budget Actual Over(Under) Operating Revenues Charges for Services $ 603,000 608,154 5,154 Other Revenue 5,700 11,866 6,166 Total Revenues 608,700 620,020 11,320 Operating Expenses Operations 675,001 688,218 13,217 Change in Net Assets (66,301) (68,198) (1,897) Net Assets at Beginning of Year (128,887) (128,887) Net Assets at End of Year $ (195,188) (197,085) (1,897) 100 AGENCY FUNDS Agency Funds are established to administer resources received and held by the City as the trustee. Use of these funds facilitates the discharge of responsibilities placed upon the governmental unit by virtue of law or other similar authority. The Developer Deposit Fund is used to account for developer deposits that are used to reimburse the City for all expenses incurred as a result of processing developer applications and requests. The Escrow Deposit Fund is used to account for various funds collected on behalf of other governmental agencies. UNITED CITY OF YORKVILLE,ILLINOIS Agency Funds Schedule of Changes in Assets and Liabilities Year Ended April 30,2011 Balances Balances May 1 Additions Deductions April 30 Developer Escrow Agency Fund Assets Cash and Equivalents $ 120,216 117,233 82,918 154,531 Liabilities Accounts Payable $ 9,124 8,153 971 Other Liabilities 111,092 117,233 74,765 153,560 Total Liabilities $ 120,216 117,233 82,918 154,531 Escrow Deposit Agency Fund Assets Cash and Equivalents $ 457,142 9,246,304 9,263,801 439,645 Accounts Receivble 530,993 8,500,665 8,485,555 546,103 Total Assets $ 988,135 17,746,969 17,749,356 985,748 Liabilities Accounts Payable $ 20,531 459,210 479,741 Other Liabilities 967,604 17,287,759 17,749,356 506,007 Total Liabilities $ 988,135 17,746,969 17,749,356 985,748 Total Agency Funds Assets Cash and Equivalents $ 577,358 9,363,537 9,346,719 594,176 Accounts Receivble 530,993 8,500,665 8,485,555 546,103 Total Assets $ 1,108,351 17,864,202 17,832,274 1,140,279 Liabilities Accounts Payable $ 140,747 576,443 82,918 634,272 Other Liabilities 967,604 17,287,759 17,749,356 506,007 Total Liabilities $ 1,108,351 17,864,202 17,832,274 1,140,279 101 SUPPLEMENTAL INFORMATION UNITED CITY OF YORKVILLE,ILLINOIS Fox Industrial TIF Fund Long-Term Debt Requirements Alternate Revenue Source Bonds 2002 April 30,2011 Date of Maturity December 1,2012 Authorized Issue $625,000 Interest Rates 3.00%-4.75% Interest Dates June 1st and December 1st Principal Maturity Dates December 1st Payable at BNY Midwest Trust Company Purpose Fox Industrial TIF CURRENT AND FUTURE PRINCIPAL AND INTEREST REQUIREMENTS Debt Service Requirements Interest Due on Fiscal Year Principal Interest Totals June 1 Amount Dec. 1 Amount 2011 -2012 $ 70,000 6,783 76,783 2011 3,392 2011 3,392 2012-2013 75,000 3,563 78,563 2012 1,782 2012 1,782 S 145,000 10,346 155,346 5,173 5,173 102 UNITED CITY OF YORKVILLE,ILLINOIS Countryside TIF Fund Long-Term Debt Requirements Alternate Revenue Source Bonds 2005 April 30,2011 Date of Maturity December 1,2024 Authorized Issue $3,525,000 Interest Rates 3.50%-4.35% Interest Dates June 1st and December 1st Principal Maturity Dates December 1st Payable at BNY Midwest Trust Company Purpose Countryside TIF CURRENT AND FUTURE PRINCIPAL AND INTEREST REQUIREMENTS Debt Service Requirements Interest Due on Fiscal Year Principal Interest Totals June 1 Amount Dec. 1 Amount 2011 -2012 $ 175,000 131,143 306,143 2011 65,572 2011 65,572 2012-2013 180,000 124,668 304,668 2012 62,334 2012 62,334 2013-2014 185,000 117,738 302,738 2013 58,869 2013 58,869 2014-2015 195,000 110,523 305,523 2014 55,261 2014 55,261 2015-2016 200,000 102,723 302,723 2015 51,361 2015 51,361 2016-2017 210,000 94,723 304,723 2016 47,361 2016 47,361 2017-2018 220,000 86,323 306,323 2017 43,161 2017 43,161 2018-2019 225,000 77,523 302,523 2018 38,761 2018 38,761 2019-2020 235,000 68,073 303,073 2019 34,036 2019 34,036 2020-2021 245,000 58,203 303,203 2020 29,101 2020 29,101 2021 -2022 260,000 47,913 307,913 2021 23,956 2021 23,956 2022-2023 275,000 36,993 311,993 2022 18,496 2022 18,496 2023-2024 285,000 25,305 310,305 2023 12,653 2023 12,653 2024-2025 300,000 13,050 313,050 2024 6,525 2024 6,525 $ 3,190,000 1,094,897 4,284,897 547,448 547,448 103 UNITED CITY OF YORKVILLE,ILLINOIS Public Works Capital Fund Long-Term Debt Requirements Adjustable Rate Note-Betzwiser Development,LLC April 30,2011 Date of Maturity October 1,2028 Authorized Issue $937,500 Interest Rates Variable^ -Recalculated every 60 months at 5yr T-Bill rate plus 3% Interest Dates Monthly Principal Maturity Dates Monthly Payable at Betzwiser Development,LLC Purpose Purchase of building&land at 185 Wolf Street CURRENT AND FUTURE PRINCIPAL AND INTEREST REQUIREMENTS Debt Service Requirements(Annualized) Fiscal Year Principal Interest Totals 2011 -2012 $ 28,254 54,041 82,295 2012-2013 30,074 52,221 82,295 2013 -2014 * 32,012 50,283 82,295 2014-2015 34,074 48,221 82,295 2015-2016 36,270 46,025 82,295 2016-2017 38,606 43,689 82,295 2017-2018 41,094 41,201 82,295 2018-2019 * 43,741 38,554 82,295 2019-2020 46,560 35,735 82,295 2020-2021 49,559 32,736 82,295 2021 -2022 52,752 29,543 82,295 2022-2023 56,151 26,144 82,295 2023 -2024 * 59,769 22,526 82,295 2024-2025 63,619 18,676 82,295 2025-2026 67,718 14,577 82,295 2026-2027 72,081 10,214 82,295 2027-2028 76,725 5,570 82,295 2028-2029 47,018 880 47,898 $ 876,079 570,835 1,446,913 * Denotes interest rate recalculation on October 1st 2013,2018 and 2023 ^ Interest rate is currently at 6.26% 104 UNITED CITY OF YORKVILLE,ILLINOIS Debt Service Fund Long-Term Debt Requirements TOTAL DEBT SERVICE FUND-OUTSTANDING DEBT Fiscal Years 2012-2023 CURRENT AND FUTURE PRINCIPAL AND INTEREST REQUIREMENTS Debt Service Requirements Fiscal Year Principal Interest Totals 2011 -2012 $ 290,000 137,919 427,919 2012-2013 300,000 125,844 425,844 2013-2014 215,000 113,179 328,179 2014-2015 225,000 104,579 329,579 2015-2016 235,000 95,579 330,579 2016-2017 250,000 86,179 336,179 2017-2018 260,000 76,179 336,179 2018-2019 275,000 65,519 340,519 2019-2020 290,000 54,106 344,106 2020-2021 300,000 41,781 341,781 2021 -2022 320,000 28,656 348,656 2022-2023 335,000 14,656 349,656 $ 3,295,000 944,176 4,239,176 105 UNITED CITY OF YORKVILLE,ILLINOIS Debt Service Fund Long-Term Debt Requirements Series 2004C Debt Certificates April 30,2011 Date of Maturity December 30,2012 Authorized Issue $650,000 Interest Rates 3.80%-5.00% Interest Dates June 30th and December 30th Principal Maturity Dates December 30th Payable at The Bank of New York Trust Company Purpose Road Improvement Program CURRENT AND FUTURE PRINCIPAL AND INTEREST REQUIREMENTS Debt Service Requirements Interest Due on Fiscal Year Principal Interest Totals June 30 Amount Dec. 30 Amount 2011 -2012 $ 95,000 8,740 103,740 2011 4,370 2011 4,370 2012-2013 95,000 4,465 99,465 2012 2,233 2012 2,233 $ 190,000 13,205 203,205 6,603 6,603 106 UNITED CITY OF YORKVILLE,ILLINOIS Debt Service Fund Long-Term Debt Requirements Alternate Revenue Source Bonds 2005A April 30,2011 Date of Maturity December 30,2022 Authorized Issue $3,825,000 Interest Rates 4.00%-4.375% Interest Dates June 30th and December 30th Principal Maturity Dates December 30th Payable at BNY Midwest Trust Company Purpose In-Town Road Program Phase I CURRENT AND FUTURE PRINCIPAL AND INTEREST REQUIREMENTS Debt Service Requirements Interest Due on Fiscal Year Principal Interest Totals June 30 Amount Dec.30 Amount 2011 -2012 $ 195,000 129,179 324,179 2011 64,589 2011 64,589 2012-2013 205,000 121,379 326,379 2012 60,690 2012 60,690 2013-2014 215,000 113,179 328,179 2013 56,590 2013 56,590 2014-2015 225,000 104,579 329,579 2014 52,289 2014 52,289 2015-2016 235,000 95,579 330,579 2015 47,789 2015 47,789 2016-2017 250,000 86,179 336,179 2016 43,089 2016 43,089 2017-2018 260,000 76,179 336,179 2017 38,089 2017 38,089 2018-2019 275,000 65,519 340,519 2018 32,759 2018 32,759 2019-2020 290,000 54,106 344,106 2019 27,053 2019 27,053 2020-2021 300,000 41,781 341,781 2020 20,891 2020 20,891 2021 -2022 320,000 28,656 348,656 2021 14,328 2021 14,328 2022-2023 335,000 14,656 349,656 2022 7,328 2022 7,328 $ 3,105,000 930,971 4,035,971 465,485 465,485 107 UNITED CITY OF YORKVILLE,ILLINOIS Library Debt Service Fund Long-Term Debt Requirements TOTAL LIBRARY FUND-OUTSTANDING DEBT Fiscal Years 2012-2025 CURRENT AND FUTURE PRINCIPAL AND INTEREST REQUIREMENTS Debt Service Requirements Fiscal Year Principal Interest Totals 2011 -2012 $ 350,000 370,800 720,800 2012-2013 440,000 355,488 795,488 2013-2014 435,000 336,763 771,763 2014-2015 450,000 318,613 768,613 2015-2016 485,000 300,238 785,238 2016-2017 510,000 280,463 790,463 2017-2018 535,000 259,688 794,688 2018-2019 590,000 237,913 827,913 2019-2020 625,000 210,563 835,563 2020-2021 680,000 181,594 861,594 2021 -2022 725,000 150,050 875,050 2022-2023 765,000 116,425 881,425 2023-2024 825,000 80,088 905,088 2024-2025 860,000 40,900 900,900 $ 8,275,000 3,239,582 11,514,582 108 UNITED CITY OF YORKVILLE,ILLINOIS Library Debt Service Fund Long-Term Debt Requirements General Obligation Bonds 2005B April 30,2011 Date of Maturity December 30,2024 Authorized Issue $7,250,000 Interest Rates 4.00%-4.75% Interest Dates June 30th and December 30th Principal Maturity Dates December 30th Payable at BNY Midwest Trust Company Purpose Library Expansion CURRENT AND FUTURE PRINCIPAL AND INTEREST REQUIREMENTS Debt Service Requirements Interest Due on Fiscal Year Principal Interest Totals June 30 Amount Dec. 30 Amount 2011 -2012 $ 175,000 316,125 491,125 2011 158,063 2011 158,063 2012-2013 290,000 309,125 599,125 2012 154,563 2012 154,563 2013-2014 335,000 297,525 632,525 2013 148,763 2013 148,763 2014-2015 400,000 284,125 684,125 2014 142,063 2014 142,063 2015-2016 435,000 268,125 703,125 2015 134,063 2015 134,063 2016-2017 460,000 250,725 710,725 2016 125,363 2016 125,363 2017-2018 485,000 232,325 717,325 2017 116,163 2017 116,163 2018-2019 540,000 212,925 752,925 2018 106,463 2018 106,463 2019-2020 575,000 187,950 762,950 2019 93,975 2019 93,975 2020-2021 605,000 161,356 766,356 2020 80,678 2020 80,678 2021 -2022 650,000 133,375 783,375 2021 66,688 2021 66,688 2022-2023 690,000 103,313 793,313 2022 51,656 2022 51,656 2023-2024 725,000 70,538 795,538 2023 35,269 2023 35,269 2024-2025 760,000 36,100 796,100 2024 18,050 2024 18,050 $ 7,125,000 2,863,631 9,988,631 1,431,816 1,431,816 109 UNITED CITY OF YORKVILLE,ILLINOIS Library Debt Service Fund Long-Term Debt Requirements General Obligation Bonds 2006 April 30,2011 Date of Maturity December 30,2024 Authorized Issue $1,500,000 Interest Rates 4.75%-4.80% Interest Dates June 30th and December 30th Principal Maturity Dates December 30th Payable at BNY Midwest Trust Company Purpose Library Expansion CURRENT AND FUTURE PRINCIPAL AND INTEREST REQUIREMENTS Debt Service Requirements Interest Due on Fiscal Year Principal Interest Totals June 30th Amount Dec 30th Amount 2011 -2012 $ 175,000 54,675 229,675 2011 27,338 2011 27,338 2012-2013 150,000 46,363 196,363 2012 23,182 2012 23,182 2013-2014 100,000 39,238 139,238 2013 19,619 2013 19,619 2014-2015 50,000 34,488 84,488 2014 17,244 2014 17,244 2015-2016 50,000 32,113 82,113 2015 16,056 2015 16,056 2016-2017 50,000 29,738 79,738 2016 14,869 2016 14,869 2017-2018 50,000 27,363 77,363 2017 13,681 2017 13,681 2018-2019 50,000 24,988 74,988 2018 12,494 2018 12,494 2019-2020 50,000 22,613 72,613 2019 11,306 2019 11,306 2020-2021 75,000 20,238 95,238 2020 10,119 2020 10,119 2021 -2022 75,000 16,675 91,675 2021 8,338 2021 8,338 2022-2023 75,000 13,113 88,113 2022 6,556 2022 6,556 2023-2024 100,000 9,550 109,550 2023 4,775 2023 4,775 2024-2025 100,000 4,800 104,800 2024 2,400 2024 2,400 $ 1,150,000 375,951 1,525,951 187,976 187,976 110 UNITED CITY OF YORKVILLE,ILLINOIS Sewer Fund Long-Term Debt Requirements TOTAL SEWER FUND-OUTSTANDING DEBT Fiscal Years 2012-2023 CURRENT AND FUTURE PRINCIPAL AND INTEREST REQUIREMENTS Debt Service Requirements Fiscal Year Principal Interest Totals 2011 -2012 $ 1,547,964 711,992 2,259,956 2012-2013 2,171,568 652,838 2,824,406 2013-2014 2,350,952 568,087 2,919,038 2014-2015 2,763,355 474,723 3,238,078 2015-2016 3,600,821 364,514 3,965,336 2016-2017 1,608,353 218,542 1,826,896 2017-2018 1,690,952 140,399 1,831,351 2018-2019 688,619 57,864 746,483 2019-2020 183,830 30,361 214,191 2020-2021 140,000 22,850 162,850 2021 -2022 150,000 15,710 165,710 2022-2023 155,000 8,060 163,060 $ 17,051,415 3,265,941 20,317,355 111 UNITED CITY OF YORKVILLE,ILLINOIS Sewer Fund Long-Term Debt Requirements Alternate Revenue Source Bond Series 2004B Outstanding at April 30,2011 Date of Maturity December 30,2018 Authorized Issue $3,500,000 Interest Rates 2.50%-4.00% Interest Dates June 30th and December 30th Principal Maturity Dates December 30th Payable at BNY Midwest Trust Company Purpose Provide Sanitary Sewer to Autumn Creek Subdivision CURRENT AND FUTURE PRINCIPAL AND INTEREST REQUIREMENTS Debt Service Requirements Interest Due on Fiscal Year Principal Interest Totals June 30 Amount Dec.30 Amount 2011 -2012 $ 160,000 98,650 258,650 2011 49,325 2011 49,325 2012-2013 170,000 93,850 263,850 2012 46,925 2012 46,925 2013-2014 280,000 88,750 368,750 2013 44,375 2013 44,375 2014-2015 375,000 78,950 453,950 2014 39,475 2014 39,475 2015-2016 395,000 65,825 460,825 2015 32,913 2015 32,913 2016-2017 410,000 52,000 462,000 2016 26,000 2016 26,000 2017-2018 435,000 35,600 470,600 2017 17,800 2017 17,800 2018-2019 455,000 18,200 473,200 2018 9,100 2018 9,100 $ 2,680,000 531,825 3,211,825 265,913 265,913 112 UNITED CITY OF YORKVILLE,ILLINOIS Sewer Fund Long-Tenn Debt Requirements Alternate Revenue Source Bond Series 2005D Outstanding at April 30,2011 Date of Maturity December 30,2015 Authorized Issue $11,300,000 Interest Rate 4.150% Interest Dates June 30th and December 30th Principal Maturity Dates December 30th Payable at BNY Midwest Trust Company Purpose Construct Rob Roy Sewer Interceptor CURRENT AND FUTURE PRINCIPAL AND INTEREST REQUIREMENTS Debt Service Requirements Interest Due on Fiscal Year Principal Interest Totals June 30 Amount Dec.30 Amount 2011 -2012 $ 1,000,000 385,950 1,385,950 2011 192,975 2011 192,975 2012-2013 1,600,000 344,450 1,944,450 2012 172,225 2012 172,225 2013-2014 1,700,000 278,050 1,978,050 2013 139,025 2013 139,025 2014-2015 2,000,000 207,500 2,207,500 2014 103,750 2014 103,750 2015-2016 3,000,000 124,500 3,124,500 2015 62,250 2015 62,250 $ 9,300,000 1,340,450 10,640,450 670,225 670,225 113 UNITED CITY OF YORKVILLE,ILLINOIS Sewer Fund Long-Term Debt Requirements Alternate Revenue Source Bond Series 2008 Refunding Outstanding at April 30,2011 Date of Maturity December 30,2017 Authorized Issue $2,020,000 Interest Rate 5.250% Interest Dates June 30th and December 30th Principal Maturity Dates December 30th Payable at The Bank of New York Trust Company Purpose Refunded a portion of the ARS Series 2005D CURRENT AND FUTURE PRINCIPAL AND INTEREST REQUIREMENTS Debt Service Requirements Interest Due on Fiscal Year Principal Interest Totals June 30 Amount Dec. 30 Amount 2011 -2012 $ 110,090 110,090 2011 55,045 2011 55,045 2012-2013 110,090 110,090 2012 55,045 2012 55,045 2013-2014 110,090 110,090 2013 55,045 2013 55,045 2014-2015 110,090 110,090 2014 55,045 2014 55,045 2015-2016 110,090 110,090 2015 55,045 2015 55,045 2016-2017 985,000 110,090 1,095,090 2016 55,045 2016 55,045 2017-2018 1,035,000 56,408 1,091,408 2017 28,204 2017 28,204 $ 2,020,000 716,948 2,736,948 358,474 358,474 114 UNITED CITY OF YORKVILLE,ILLINOIS Sewer Fund Long-Term Debt Requirements Series 2003 Illinois Rural Bond Bank Debt Certificates Outstanding at April 30,2011 Date of Maturity February 1,2023 Authorized Issue $2,035,000 Interest Rates 1.60%-5.20% Interest Dates August 1 st and February 1 st Principal Maturity Dates February 1 st Payable at US Bank National Association Purpose Construction of Bruell Street Lift Station CURRENT AND FUTURE PRINCIPAL AND INTEREST REQUIREMENTS Debt Service Requirements Interest Due on Fiscal Year Principal Interest Totals Aug. 1 Amount Feb. 1 Amount 2011 -2012 $ 95,000 70,143 165,143 2011 35,071 2012 35,071 2012-2013 100,000 66,248 166,248 2012 33,124 2013 33,124 2013-2014 100,000 62,048 162,048 2013 31,024 2014 31,024 2014-2015 105,000 57,648 162,648 2014 28,824 2015 28,824 2015-2016 110,000 52,870 162,870 2015 26,435 2016 26,435 2016-2017 115,000 47,755 162,755 2016 23,878 2017 23,878 2017-2018 120,000 42,293 162,293 2017 21,146 2018 21,146 2018-2019 130,000 36,233 166,233 2018 18,116 2019 18,116 2019-2020 135,000 29,668 164,668 2019 14,834 2020 14,834 2020-2021 140,000 22,850 162,850 2020 11,425 2021 11,425 2021 -2022 150,000 15,710 165,710 2021 7,855 2022 7,855 2022-2023 155,000 8,060 163,060 2022 4,030 2023 4,030 $ 1,455,000 511,523 1,966,523 255,761 255,761 115 UNITED CITY OF YORKVILLE,ILLINOIS Sewer Fund Long-Term Debt Requirements Series 2004A Debt Certificates Outstanding at April 30,2011 Date of Maturity December 30,2014 Authorized Issue $1,600,000 Interest Rates 1.40%-3.60% Interest Dates June 30th and December 30th Principal Maturity Dates December 30th Payable at BNY Midwest Trust Company Purpose Provide Sewer Access to Windett Ridge,Raintree Village&other Subdivisions CURRENT AND FUTURE PRINCIPAL AND INTEREST REQUIREMENTS Debt Service Requirements Interest Due on Fiscal Year Principal Interest Totals June 30 Amount Dec.30 Amount 2011 -2012 $ 170,000 24,093 194,093 2011 12,047 2011 12,047 2012-2013 175,000 18,738 193,738 2012 9,369 2012 9,369 2013-2014 180,000 13,050 193,050 2013 6,525 2013 6,525 2014-2015 190,000 6,840 196,840 2014 3,420 2014 3,420 S 715.000 62,721 777,721 31,361 31,361 116 UNITED CITY OF YORKVILLE,ILLINOIS Sewer Fund Long-Term Debt Requirements IEPA Loan L17-013000 Outstanding at April 30,2011 Date of Maturity January 25,2013 Authorized Issue $549,081 Interest Rate 3.580% Interest Dates July 25th and January 25th Principal Maturity Dates July 25th and January 25th Payable at Illinois Environmental Protection Agency Purpose Constructed Siphon across River to assist Sanitary Sewer Construction CURRENT AND FUTURE PRINCIPAL AND INTEREST REQUIREMENTS Debt Service Requirements Interest Due on Fiscal Year Principal Interest Totals July 25 Amount Jan.25 Amount 2011 -2012 $ 36,635 2,345 38,980 2011 1,335 2012 1,010 2012-2013 37,958 1,022 38,980 2012 679 2013 343 $ 74,592 3,368 77,960 2,015 1,353 117 UNITED CITY OF YORKVILLE,ILLINOIS Sewer Fund Long-Term Debt Requirements IEPA Loan L17- 115300 Outstanding at April 30,2011 Date of Maturity September 6,2019 Authorized Issue $1,656,809 Interest Rate 2.625% Interest Dates September 6th and March 6th Principal Maturity Dates September 6th and March 6th Payable at Illinois Environmental Protection Agency Purpose Constructed Sewer Main and 1999 SSES(Sewer Repair&Rehab) CURRENT AND FUTURE PRINCIPAL AND INTEREST REQUIREMENTS Debt Service Requirements Interest Due on Fiscal Year Principal Interest Totals Sept.6 Amount Mach 6 Amount 2011 -2012 $ 86,329 20,721 107,051 2011 10,642 2012 10,079 2012-2013 88,610 18,440 107,051 2012 9,509 2013 8,931 2013-2014 90,952 16,099 107,051 2013 8,346 2014 7,753 2014-2015 93,355 13,696 107,051 2014 7,152 2015 6,544 2015-2016 95,821 11,229 107,051 2015 5,927 2016 5,302 2016-2017 98,353 8,697 107,051 2016 4,669 2017 4,028 2017-2018 100,952 6,099 107,051 2017 3,378 2018 2,720 2018-2019 103,619 3,431 107,051 2018 2,053 2019 1,378 2019-2020 52,830 693 53,523 2019 693 2020 - $ 810,823 99,106 909,929 52,371 46,736 118 UNITED CITY OF YORKVILLE,ILLINOIS Water Fund Long-Term Debt Requirements TOTAL WATER FUND-OUTSTANDING DEBT Fiscal Years 2012-2027 CURRENT AND FUTURE PRINCIPAL AND INTEREST REQUIREMENTS Debt Service Requirements Fiscal Year Principal Interest Totals 2011 -2012 $ 816,468 362,677 1,179,145 2012-2013 1,068,677 488,261 1,556,938 2013-2014 704,961 467,841 1,172,802 2014-2015 727,224 441,160 1,168,384 2015-2016 749,544 413,510 1,163,054 2016-2017 781,923 384,901 1,166,824 2017-2018 799,361 354,876 1,154,236 2018-2019 1,031,860 324,089 1,355,949 2019-2020 1,754,423 283,239 2,037,661 2020-2021 1,782,050 209,412 1,991,461 2021 -2022 1,359,743 134,331 1,494,074 2022-2023 1,257,503 77,246 1,334,749 2023-2024 265,333 26,197 291,530 2024-2025 268,235 15,045 283,280 2025-2026 121,209 3,821 125,030 2026-2027 61,744 772 62,515 $13,550,257 3,987,377 17,537,634 119 UNITED CITY OF YORKVILLE,ILLINOIS Water Fund Long-Term Debt Requirements Alternate Revenue Source Bond Series 2005C Outstanding at April 30,2011 Date of Maturity December 30,2024 Authorized Issue $2,000,000 Interest Rates 3.50%-5.50% Interest Dates June 30th and December 30th Principal Maturity Dates December 30th Payable at BNY Midwest Trust Company Purpose Improvements to Water Distribution System-Mill St., Van Emmon Rd CURRENT AND FUTURE PRINCIPAL AND INTEREST REQUIREMENTS Debt Service Requirements Interest Due on Fiscal Year Principal Interest Totals June 30 Amount Dec.30 Amount 2011 -2012 $ 90,000 77,725 167,725 2011 38,863 2011 38,863 2012-2013 90,000 74,575 164,575 2012 37,288 2012 37,288 2013-2014 95,000 70,975 165,975 2013 35,488 2013 35,488 2014-2015 100,000 67,175 167,175 2014 33,588 2014 33,588 2015-2016 105,000 63,175 168,175 2015 31,588 2015 31,588 2016-2017 110,000 58,975 168,975 2016 29,488 2016 29,488 2017-2018 110,000 54,575 164,575 2017 27,288 2017 27,288 2018-2019 120,000 50,175 170,175 2018 25,088 2018 25,088 2019-2020 120,000 45,375 165,375 2019 22,688 2019 22,688 2020-2021 130,000 38,775 168,775 2020 19,388 2020 19,388 2021 -2022 135,000 31,625 166,625 2021 15,813 2021 15,813 2022-2023 140,000 24,200 164,200 2022 12,100 2022 12,100 2023-2024 150,000 16,500 166,500 2023 8,250 2023 8,250 2024-2025 150,000 8,250 158,250 2024 4,125 2024 4,125 $ 1,645,000 682,075 2,327,075 341,038 341,038 *The Sewer Fund has reimbursed the Water Fund for one-half the cost of debt service in the form of interfund transfers in fiscal years 2010 and 2011. 120 UNITED CITY OF YORKVILLE,ILLINOIS Water Fund Long-Term Debt Requirements Alternate Revenue Source Bond Series 2007A Refunding Outstanding at April 30,2011 Date of Maturity December 30,2022 Authorized Issue $3,020,000 Interest Rates 4.0%-4.25% Interest Dates June 30th and December 30th Principal Maturity Dates December 30th Payable at The Bank of New York Trust Company Purpose Refunded a portion of the 2003 Debt Certificates CURRENT AND FUTURE PRINCIPAL AND INTEREST REQUIREMENTS Debt Service Requirements Interest Due on Fiscal Year Principal Interest Totals June 30 Amount Dec. 30 Amount 2011 -2012 $ 10,000 123,866 133,866 2011 61,933 2011 61,933 2012-2013 10,000 123,454 133,454 2012 61,727 2012 61,727 2013-2014 15,000 123,041 138,041 2013 61,521 2013 61,521 2014-2015 15,000 122,423 137,423 2014 61,211 2014 61,211 2015-2016 15,000 121,793 136,793 2015 60,896 2015 60,896 2016-2017 15,000 121,163 136,163 2016 60,581 2016 60,581 2017-2018 15,000 120,525 135,525 2017 60,263 2017 60,263 2018-2019 15,000 119,888 134,888 2018 59,944 2018 59,944 2019-2020 680,000 119,250 799,250 2019 59,625 2019 59,625 2020-2021 695,000 90,350 785,350 2020 45,175 2020 45,175 2021 -2022 725,000 60,813 785,813 2021 30,406 2021 30,406 2022-2023 750,000 30,000 780,000 2022 15,000 2022 15,000 $ 2,960,000 1,276,564 4,236,564 638,282 638,282 121 UNITED CITY OF YORKVILLE,ILLINOIS Water Fund Long-Term Debt Requirements Series 2002 Capital Appreciation Debt Certificates Outstanding at April 30,2011 Date of Maturity May 1,2012 Authorized Issue $2,899,365 Interest Rates 2.50%-4.50% Interest Dates Interest is Accreted Principal Maturity Dates May 1 st Payable at The Bank of New York Trust Company Project North Water Tower CURRENT AND FUTURE PRINCIPAL AND INTEREST REQUIREMENTS Interest Accretes*to Debt Service Requirements Principal on May 1 Accreted Accretion Fiscal Year Principal Interest* Totals May 1 Amount 2011 -2012 $ 285,000 15,888 285,000 2011 15,888 2012-2013 365,000 365,000 $ 650,000 15,888 650,000 15,888 Accreted Value at April 30,2011 $ 634,112 Fiscal Year 2011 -2012 Principal Payment (285,000) Fiscal Year 2011 -2012 Interest Accretion 15,888 Fiscal Year 2011 -2012 Ending Balance 365,000 Fiscal Year 2012-2013 Principal Payment (365,000) Fiscal Year 2012-2013 Ending Balance $ - *Interest is not paid but rather accretes(accrues)to principal on May 1st. 122 UNITED CITY OF YORKVILLE,ILLINOIS Water Fund Long-Term Debt Requirements Series 2003 Debt Certificates Outstanding at April 30,2011 Date of Maturity December 15,2018 Authorized Issue $4,800,000 Interest Rates 3.80%-4.35% Interest Dates June 15th and December 15th Principal Maturity Dates December 15th Payable at BNY Midwest Trust Company Purpose Radium Compliance CURRENT AND FUTURE PRINCIPAL AND INTEREST REQUIREMENTS Debt Service Requirements Interest Due on Fiscal Year Principal Interest Totals June 15 Amount Dec. 15 Amount 2011 -2012 $ 33,150 33,150 2011 16,575 2011 16,575 2012-2013 33,150 33,150 2012 16,575 2012 16,575 2013-2014 100,000 33,150 133,150 2013 16,575 2013 16,575 2014-2015 100,000 29,350 129,350 2014 14,675 2014 14,675 2015-2016 100,000 25,450 125,450 2015 12,725 2015 12,725 2016-2017 100,000 21,450 121,450 2016 10,725 2016 10,725 2017-2018 100,000 17,300 117,300 2017 8,650 2017 8,650 2018-2019 300,000 13,050 313,050 2018 6,525 2018 6,525 $ 800,000 206,050 1,006,050 103,025 103,025 123 UNITED CITY OF YORKVILLE,ILLINOIS Water Fund Long-Term Debt Requirements Series 2006A Refunding Debt Certificates Outstanding at April 30,2011 Date of Maturity December 30,2022 Authorized Issue $5,555,000 Interest Rates 4.00%-4.20% Interest Dates June 30th and December 30th Principal Maturity Dates December 30th Payable at The Bank of New York Trust Company Purpose Refunded Portions of 2002 Capital Appreciation,2002A and and 2003 Debt Certificates CURRENT AND FUTURE PRINCIPAL AND INTEREST REQUIREMENTS Debt Service Requirements Interest Due on Fiscal Year Principal Interest Totals June 30 Amount Dec.30 Amount 2011 -2012 $ 70,000 88,506 158,506 2011 44,253 2011 44,253 2012-2013 355,000 219,806 574,806 2012 109,903 2012 109,903 2013-2014 405,000 205,606 610,606 2013 102,803 2013 102,803 2014-2015 420,000 189,406 609,406 2014 94,703 2014 94,703 2015-2016 435,000 172,606 607,606 2015 86,303 2015 86,303 2016-2017 460,000 155,206 615,206 2016 77,603 2016 77,603 2017-2018 475,000 136,806 611,806 2017 68,403 2017 68,403 2018-2019 495,000 117,806 612,806 2018 58,903 2018 58,903 2019-2020 850,000 98,006 948,006 2019 49,003 2019 49,003 2020-2021 850,000 62,306 912,306 2020 31,153 2020 31,153 2021 -2022 390,000 26,606 416,606 2021 13,303 2021 13,303 2022-2023 255,000 10,519 265,519 2022 5,260 2022 5,260 $ 5,460,000 1,483,187 6,943,187 741,594 741,594 124 UNITED CITY OF YORKVILLE,ILLINOIS Water Fund Developer Commitment Grande Reserve Court Order Outstanding at April 30,2011 Monthly Payment $22,989 Months Remaining 19 Payable to RI Waterman Properties Purpose Rebate of Fees CURRENT AND FUTURE PRINCIPAL AND INTEREST REQUIREMENTS Debt Service Requirements Interest Due on Fiscal Year Principal Interest Totals June 30 Amount Dec. 30 Amount 2011 -2012 $ 275,868 275,868 2011 2011 2012-2013 160,923 160,923 2012 2012 $ 436,791 - 436,791 - 125 STATISTICAL SECTION (Unaudited) UNITED CITY OF YORKVILLE,ILLINOIS Statistical Section This section of the United City of Yorkville's Comprehensive Annual Financial Report presents detailed information as a basis for understanding what the information in the financial statements, note disclosures, and required supplementary information says about the City's overall economic condition. Contents Page Financial Trends These schedules contain trend information to help the reader understand how the City's 126-135 financial performance has changed over time. Revenue Capacity These schedules contain information to help the reader assess the City's most significant 136-146 local revenue sources. Debt Capacity These schedules contain information to help the reader surmise the affordability of the 147-152 City's current levels of outstanding debt and the City's ability to issue additional debt. Demographic and Economic Information These schedules offer demographic and economic indicators to help reader understanding 153-154 of 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 156-162 the information in the City financial report relates to the services the City provides and the activities it performs. FINANCIAL TRENDS UNITED CITY OF YORKVILLE,ILLINOIS Net Assets by Component Last Seven Fiscal Years 2005 2006 2007 Governmental Activities Invested in Capital Assets,Net of Related Debt $ 47,690,975 48,066,205 51,904,378 Restricted 4,487,837 11,373,193 6,819,743 Unrestricted (1,038,834) (6,407,838) (4,161,179) Total Governmental Activities Net Assets $ 51,139,978 53,031,560 54,562,942 Business-Type Activities Invested in Capital Assets,Net of Related Debt $ 12,512,021 15,492,504 14,990,516 Restricted 3,155,589 3,314,989 5,387,523 Unrestricted (3,145,190) (825,405) (623,092) Total Business-Type Activities Net Assets $ 12,522,420 17,982,088 19,754,947 Primary Government Invested in Capital Assets,Net of Related Debt $ 60,202,996 63,558,709 66,894,894 Restricted 7,643,426 14,688,182 12,207,266 Unrestricted (4,184,024) (7,233,243) (4,784,271) Total Primary Government Net Assets $ 63,662,398 71,013,648 74,317,889 Note: The City adopted GASB Statement 34 in the fiscal year ended April 30,2005. Data Source Audited Financial Statements 126 2008 2009 2010 2011 53,202,922 51,529,648 60,971,543 61,594,404 3,630,544 3,107,371 3,468,150 3,315,028 (658,755) (2,038,061) (4,124,885) (3,827,879) 56,174,711 52,598,958 60,314,808 61,081,553 15,924,390 18,676,309 32,942,926 33,166,989 4,898,626 215,000 285,000 175,008 3,212,121 2,904,916 2,608,587 20,998,024 21,888,430 36,062,842 36,060,576 69,127,312 70,205,957 93,914,469 94,761,393 8,529,170 3,107,371 3,683,150 3,600,028 (483,747) 1,174,060 (1,219,969) (1,219,292) 77,172,735 74,487,388 96,377,650 97,142,129 127 UNITED CITY OF YORKVILLE,ILLINOIS Changes in Net Assets Last Seven Fiscal Years Fiscal Year 2005 2006 2007 Expenses Governmental Activities General Government $ 2,290,696 4,706,185 4,871,741 Public Safety 2,173,457 2,357,913 2,761,019 Community Development 702 7,045 502,434 Public Works 3,633,163 3,585,374 4,139,483 Library 404,863 485,566 757,256 Culture and Recreation 1,527,803 2,036,521 2,112,376 Unallocated Bad Debt Adjustment Interest and Long-term Debt 193,838 656,664 958,673 Total Government Activities Expenses 10,224,522 13,835,268 16,102,982 Business-Type Activities Water 2,327,986 2,611,383 2,975,674 Sewer 6,425,836 1,200,778 1,242,655 Recreation Center Total Business-Type Activities Expenses 8,753,822 3,812,161 4,218,329 Total Primary Government Expenses $ 18,978,344 17,647,429 20,321,311 Program Revenues Governmental Activities Charges for Services General Government $ 995,121 1,442,176 1,808,797 Public Safety 68,978 76,534 Public Works 188,000 208,455 Library 17,121 17,507 19,616 Culture and Recreation 521,267 534,018 578,148 Operating Grants and Contributions 324,958 360,026 41,925 Capital Grants and Contributions 7,501,077 1,296,050 3,940,737 Total Governmental Activities Program Revenues 9,616,522 3,934,766 6,389,223 Business-Type Activities Charges for Services Water 1,892,465 3,118,433 3,097,565 Sewer 2,067,065 3,055,326 3,477,706 Recreation Operating Grants and Contributions Capital Grants and Contributions 6,755,200 1,111,679 2,085,002 Total Business-Type Activities Program Revenues 10,714,730 7,285,438 8,660,273 Total Primary Government Program Revenues $ 20,331,252 11,220,204 15,049,496 Net(Expense)Revenue Governmental Activities $ (608,000) (9,900,502) (9,713,759) Business-Type Activities 1,960,908 3,473,277 4,441,944 Total Primary Government Net(Expense)Revenue $ 1,352,908 (6,427,225) (5,271,815) 128 2008 2009 2010 2011 5,688,953 5,513,569 4,367,204 4,757,527 3,233,955 3,099,998 3,665,295 3,287,448 553,220 502,929 447,491 394,687 3,511,697 3,024,306 3,082,318 3,420,923 955,385 1,044,318 1,103,649 1,170,275 2,157,818 2,155,995 2,217,232 1,645,468 1,016,132 723,618 741,303 757,192 723,246 16,824,646 16,082,418 16,656,513 15,399,574 3,036,973 3,332,313 2,416,462 2,396,100 1,177,924 1,322,270 1,569,785 1,628,159 675,617 634,346 688,218 4,214,897 5,330,200 4,620,593 4,712,477 21,039,543 21,412,618 21,277,106 20,112,051 1,775,663 1,723,173 1,795,244 1,840,958 29,018 27,045 427,842 61,096 48,983 376,857 388,913 342,311 778,342 19,664 629,822 830,767 1,909,670 922,409 10,650,597 1,596,067 4,867,577 3,122,106 13,525,672 4,659,086 1,920,029 1,742,057 1,875,826 2,543,796 855,334 789,781 1,991,015 1,476,558 497,992 582,889 620,020 1,895,447 343,578 14,473,957 241,344 4,670,810 3,373,408 18,923,687 4,881,718 9,538,387 6,495,514 32,449,359 9,540,804 (11,957,069) (12,960,312) (3,130,841) (10,740,488) 455,913 (1,956,792) 14,303,094 169,241 (11,501,156) (14,917,104) 11,172,253 (10,571,247) (Cont.) 129 UNITED CITY OF YORKVILLE,ILLINOIS Changes in Net Assets(Cont.) Last Seven Fiscal Years Fiscal Year 2005 2006 2007 General Revenues and Other Changes in Net Assets Governmental Activities Taxes Property $ 1,711,861 2,258,419 1,950,798 Sales 2,285,995 2,586,288 2,647,678 Income 612,425 679,842 1,040,678 Utility 335,081 403,657 1,288,406 Other 848,331 956,982 480,941 Development Fees 2,640,061 3,296,849 2,646,071 Investment Earnings 58,700 446,871 448,746 Miscellaneous 139,675 279,931 210,040 Gain(Loss)on Sale of Fixed Assets 4,510 29,232 Transfers 740,498 405,419 2,754,737 Total Governmental Activities 9,377,137 11,343,490 13,468,095 Business-Type Activities Investment Earnings 172,084 365,278 352,654 Connection Fees Miscellaneous 153,744 Transfers (740,498) (405,419) (2,754,737) Total Business-Type Activities (568,414) (40,141) (2,248,339) Total Primary Government 8,808,723 11,303,349 11,219,756 Change in Net Assets Governmental Activities 8,769,137 1,442,988 3,754,336 Business-Type Activities 1,392,494 3,433,136 2,193,605 Total Primary Government Change in Net Assets $ 10,161,631 4,876,124 5,947,941 Note: The City adopted GASB Statement 34 in the fiscal year ended April 30,2005. Data Source Audited Financial Statements 130 2008 2009 2010 2011 3,644,499 3,670,632 4,087,698 4,281,902 2,507,664 2,474,549 2,480,213 2,577,651 1,053,292 1,124,204 1,280,519 1,306,325 1,612,834 1,630,188 1,542,649 1,614,294 534,601 861,936 641,360 780,863 2,447,936 454,822 320,046 74,761 73,327 6,762 1,076,159 1,336,958 783,999 764,528 540,525 (2,243,491) 134,209 174,908 13,737,556 9,384,559 11,023,974 11,507,233 230,212 52,314 5,527 3,401 1,670,495 549,578 124,400 1,815 (540,525) 2,243,491 (134,209) (174,908) 1,484,582 2,847,198 (128,682) (171,507) 15,222,138 12,231,757 10,895,292 11,335,726 1,780,487 (3,575,753) 7,893,133 766,745 1,940,495 890,406 14,174,412 (2,266) 3,720,982 (2,685,347) 22,067,545 764,479 131 UNITED CITY OF YORKVILLE,ILLINOIS Fund Balances of Governmental Funds Last Ten Fiscal Years 2002 2003 2004 2005 General Fund $ 610,254 69,469 75,387 675,711 Reserved 1,142,956 954,203 1,367,915 1,466,917 Unreserved Total General Fund $ 1,753,210 1,023,672 1,443,302 2,142,628 All Other Governmental Funds Reserved $ 988 13,124,008 4,434,238 Unreserved,Reported In Special Revenue Funds 1,139,874 1,279,434 1,105,776 934,163 Debt Service Funds 6,401 8,443 15,540 13,918 Capital Project Funds 785,599 3,134,304 (380,747) (250,268) Total All Other Governmental Funds $ 1,931,874 4,423,169 13,864,577 5,132,051 Total Fund Balance All Governmental Funds $ 3,685,084 5,446,841 15,307,879 7,274,679 Data Source Audited Financial Statements 132 2006 2007 2008 2009 2010 2011 2,862,016 2,476,718 287,036 164,587 39,497 136,917 2,947,136 2,841,106 2,665,300 1,230,953 (532,436) (408,817) 5,809,152 5,317,824 2,952,336 1,395,540 (492,939) (271,900) 9,029,130 4,460,492 3,630,544 3,505,069 3,482,941 3,323,515 1,492,566 444,906 1,128,049 642,298 403,793 828,903 (9,494) (100,567) (237,259) (208,136) (276,107) (514,524) (560,274) (626,102) (586,372) 10,304,066 4,528,724 4,006,810 3,587,093 3,260,632 3,566,046 16,113,218 9,846,548 6,959,146 4,982,633 2,767,693 3,294,146 133 UNITED CITY OF YORKVILLE,ILLINOIS Changes in Fund Balances of Governmental Funds Last Ten Fiscal Years 2002 2003 2004 2005 Revenues Taxes $ 3,106,041 3,710,993 4,418,699 5,101,695 Intergovernmental 715,010 671,778 921,793 1,078,383 Licenses,Permits and Fees 2,508,463 2,785,476 7,198,174 4,305,072 Charges for Services 107,011 125,857 237,580 Fines and Forfeits 86,698 76,403 74,045 72,613 Investment Income 45,953 54,783 79,608 54,812 Miscellaneous 227,710 257,782 388,343 192,538 Total Revenues 6,796,886 7,683,072 13,318,242 10,805,113 Expenditures General Government 1,911,297 2,392,037 3,909,449 3,303,080 Public Safety 1,170,155 1,368,970 1,754,666 1,960,107 Community Development 64,198 Public Works 1,516,745 2,859,856 6,126,981 3,247,086 Library 395,944 Culture and Recreation 554,491 903,282 1,120,823 1,439,335 Capital Outlay 219,826 305,614 798,183 712,060 Debt Service Cost of Issuance Principal 537,661 429,894 643,337 285,701 Interest 158,615 164,500 190,475 154,865 Total Governmental Activities Program Expenditures 6,068,790 8,424,153 14,543,914 11,562,376 Net(Expenditure)Revenue Governmental Activities 728,096 (741,081) (1,225,672) (757,263) Other Financing Sources(Uses) Sale of Fixed Assets 140,410 4,510 Proceeds from Issuance of Debt 704,000 4,292,365 11,981,000 4,175,000 Accrued Interest on Sale of Bonds 9,732 3,888 Bond Premium/(Discount) 80,400 (21,679) Payment to Escrow Agent (1,240,011) Transfers In 1,858,545 2,401,002 2,341,022 3,006,973 Transfers(Out) (1,658,065) (2,424,027) (3,458,630) (2,266,475) Total Other Financing Sources(Uses) 904,480 3,029,329 11,093,934 4,902,217 Special Item Adjustment for Bad Debts Net Changes in Fund Balance $ 1,632,576 2,288,248 9,868,262 4,144,954 Debt Service as a Percentage of Non-Capital Expenditures 13.5% 7.9% 6.5% 4.2% Note: Includes General,Special Revenue,Debt Service and Capital Project Funds. *-Modified accrual basis of accounting. Data Source Audited Financial Statements 134 2006 2007 2008 2009 2010 2011 6,165,165 6,100,171 7,966,070 8,350,100 8,694,985 9,254,138 1,178,918 1,610,978 2,164,579 1,350,083 1,910,171 2,479,758 5,449,815 4,958,458 4,508,936 2,476,691 894,871 486,264 1,252,904 1,519,004 80,534 94,174 118,565 139,875 166,078 228,009 446,871 448,746 320,046 74,761 73,327 6,762 298,499 438,340 989,443 1,344,427 676,539 763,503 13,619,802 13,650,867 16,067,639 13,735,937 13,668,875 14,73 7,43 8 4,488,151 5,000,288 5,652,456 5,065,127 4,590,261 4,724,320 2,165,111 2,589,749 3,015,178 3,160,730 3,260,256 2,886,313 7,870 303 553,220 502,929 423,835 395,291 3,715,663 2,602,247 4,473,822 1,752,822 1,976,664 2,038,458 2,929,556 560,248 797,388 828,294 915,195 975,587 2,101,502 1,923,584 2,231,553 2,035,413 1,532,422 1,360,244 535,107 7,943,295 1,654,695 2,199,602 242,005 376,030 14,150 281,434 205,000 345,000 559,940 849,937 896,544 235,875 958,673 768,817 749,703 764,364 733,106 16,460,269 21,797,537 19,492,129 16,854,560 14,554,939 14,385,893 (2,840,467) (8,146,670) (3,424,490) (3,118,623) (886,064) 351,545 34,114 86,716 9,081 11,075,000 1,500,000 937,500 28,667 93,341 (925,000) 2,337,829 3,602,435 2,803,008 2,924,616 2,046,452 1,848,135 (1,932,410) (2,297,435) (2,262,483) (2,729,087) (1,912,243) (1,673,227) 11,636,541 1,880,000 627,241 1,142,110 134,209 174,908 (1,016,132) 8,796,074 (6,266,670) (2,797,249) (1,976,513) (1,767,987) 526,453 3.4% 9.2% 6.7% 9.8% 12.7% 13.2% 135 REVENUE CAPACITY UNITED CITY OF YORKVILLE,ILLINOIS Assessed Value and Actual Value of Taxable Property Last Ten Tax Levy Years Total Taxable Levy Residential Commercial Industrial Farm Railroad Assessed Year Property Property Property Property Property Value 2001 $ 98,447,222 30,717,614 5,346,347 815,985 10,966 135,338,134 2002 117,982,027 40,475,041 5,587,748 700,520 12,718 164,758,054 2003 147,660,675 46,944,380 5,569,563 1,128,633 18,084 201,321,335 2004 176,051,368 55,516,668 5,809,502 961,557 17,382 238,356,477 2005 228,416,554 68,704,340 6,781,706 1,672,887 17,425 305,592,912 2006 316,602,897 71,761,771 8,068,081 2,384,569 17,328 398,834,646 2007 399,859,224 98,576,640 8,541,508 2,643,309 17,328 509,638,009 2008 440,037,839 117,707,447 6,914,772 2,562,106 17,328 567,239,492 2009 444,422,818 124,381,958 6,921,977 2,524,355 17,328 578,268,436 2010 407,528,709 122,304,406 6,820,310 2,398,027 17,328 539,068,780 Note: Property is assessed at 33%of actual value. Data Source Office of the Kendall County Clerk 136 Ratio of Estimated Total Assessed Actual Value to Taxable Total Estimated Value Actual Value 406,014,402 33.33% 494,274,162 33.33% 603,964,005 33.33% 715,069,431 33.33% 916,778,736 33.33% 1,196,503,938 33.33% 1,528,914,027 33.33% 1,701,718,476 33.33% 1,734,805,308 33.33% 1,617,206,340 33.33% 137 UNITED CITY OF YORKVILLE,ILLINOIS Property Tax Rates-Direct and Overlapping* Last Ten Tax Levy Years 2001 2002 2003 2004 City Direct Rates Corporate $ 0.2205 0.1990 0.1012 0.0239 Bonds and Interest IMRF 0.0481 0.0480 0.0612 0.0796 Police Protection 0.0750 0.0713 0.0750 0.0750 Police Pension 0.1302 0.1083 0.1028 0.0973 Garbage 0.1211 0.1151 0.1228 0.1332 Audit 0.0119 0.0113 0.0098 0.0062 Liability Insurance 0.0520 0.0613 0.0562 0.0525 Social Security 0.0970 0.0982 0.1000 0.1069 School Crossing Guard 0.0035 0.0034 0.0047 0.0042 Unemployment Insurance 0.0093 0.0089 0.0058 0.0038 Total City Rate $ 0.7686 0.7248 0.6395 0.5826 Overlapping Rates(1) Kendall County $ 0.7433 0.6920 0.6481 0.6194 Kendall County Forest Preserve 0.0243 0.0219 0.0403 0.0369 Bristol Township 0.4436 0.4253 0.3886 0.3800 Bristol-Kendall Fire District 0.4450 0.4231 0.4011 0.5940 Yorkville-Bristol Sanitary District 0.0711 0.0631 0.0547 0.0486 Yorkville Community Unit School District#115 4.7168 4.4780 4.2383 4.0829 Waubonsee Community College District#516 0.4239 0.4043 0.4105 0.4104 Yorkville Public Library 0.1600 0.1426 0.1500 0.1500 Total $ 7.7966 7.3751 6.9711 6.9048 Notes: (1) Representative tax rates for other government units are from Bristol Township. *Property tax rates are per$100 of assessed valuation Data Source Office of the Kendall County Clerk 138 2005 2006 2007 2008 2009 2010 0.0120 0.0142 0.0564 0.1329 0.1138 0.1472 0.4105 0.0617 0.0725 0.0968 0.0724 0.0778 0.0804 0.0750 0.0788 0.0699 0.0550 0.0584 0.0620 0.0819 0.0690 0.0589 0.0573 0.0583 0.0670 0.1220 0.0524 0.0077 0.0081 0.0070 0.0073 0.0095 0.0098 0.0390 0.0404 0.0391 0.0387 0.0583 0.0615 0.1048 0.1084 0.0771 0.0541 0.0528 0.0546 0.0062 0.0065 0.0047 0.0043 0.0042 0.0044 0.0033 0.0044 0.0065 0.0047 0.0043 0.0045 0.5136 0.4547 0.4164 0.4267 0.4374 0.9020 0.6156 0.5925 0.5595 0.5724 0.5734 0.6396 0.0335 0.0299 0.1292 0.0966 0.0944 0.1041 0.3500 0.3122 0.2906 0.2921 0.2963 0.3246 0.5468 0.5484 0.5738 0.5896 0.6007 0.6734 0.0385 0.0339 0.0291 4.3156 4.4474 4.4474 4.5923 4.6973 5.2767 0.3968 0.4005 0.3924 0.3990 0.4037 0.4115 0.1500 0.3697 0.2210 0.2099 0.2172 0.2589 6.9604 7.1892 7.0594 7.1786 7.3204 8.5908 139 UNITED CITY OF YORKVILLE,ILLINOIS Principal Property Taxpayers Current Fiscal Year and Nine Years Ago 2010 Levy Year 2001 Levy Year Percentage Percentage of Total City of Total City 2010 Taxable 2001 Taxable Assessed Assessed Assessed Assessed Taxpayer Value Rank Value Value Rank Value Menard,Inc $ 9,778,273 1 1.81% Cannonball LLC 5,627,929 2 1.04% Yorkville Shopping Center 4,917,260 3 0.91% Target Corporation 4,827,150 4 0.90% Few Acquisitions,LLC 3,877,880 5 0.72% Wrigley Manufacturing Co.,LLC 3,860,000 6 0.72% Cest La Vie Inc. 2,552,297 7 0.47% Home Depot USA Inc. 2,496,000 8 0.46% Quality Properties Asset Mgmt Co. 2,458,279 9 0.46% Prime Yorkville LLC 2,457,540 10 0.46% Amurol Confections 4,106,000 1 3.03% First National Bank of DeKalb Trust 3,309,064 2 2.45% Wesley Property Corporation 1,371,300 3 1.01% American National Bank&Trust of Chicago 1,184,547 4 0.88% Bank of Ravenswood 1,046,700 5 0.77% T&D Metal Products Co. 887,560 6 0.66% Yorkville National Bank 755,038 7 0.56% Landmark Center LLP 592,851 8 0.44% Walker Custom Homes,Inc. 584,997 9 0.43% York Meadows,LLP 566,900 10 0.42% Total $42,852,608 7.95% $14,404,957 10.64% Data Source Office of the Kendall County Clerk 140 UNITED CITY OF YORKVILLE,ILLINOIS Property Tax Levies and Collections Last Ten Tax Levy Years Fiscal Year Tax Total Tax Collections** Ended Levy Levy Percentage April 30 Year Extension Amount of Levy 2003 2001 $ 1,255,485 1,251,975 99.72% 2004 2002 1,429,114 1,424,626 99.69% 2005 2003 1,589,368 1,587,197 99.86% 2006 2004 1,388,670 1,386,431 99.84% 2007 2005 1,569,528 1,565,055 99.72% 2008 2006 1,939,792 1,941,066 100.07% 2009 2007 2,122,133 2,101,984 99.05% 2010 2008 2,420,411 2,407,483 99.47% 2011 2009 2,529,057 2,521,570 99.70% 2012 2010* 4,862,185 Note: Property in the City is reassessed each year. Property is assessed at 33%of actual value. * The 2010 tax levy extended amount includes bonds and interest in the amount of$2,212,770 that were previously abated. ** Includes property taxes collected in the current year that may be attributable to prior years. These collections,if any, are immaterial as 99%or greater of the current year's tax levy has historically been collected during the respective fiscal year. Additionally,information to associate any non-current tax collections to a specific tax levy year is not readily available. Amount excludes levies for Special Service Areas,TIF Districts,Library and Road and Bridge taxes. Data Source Office of the Kendall County Treasurer 141 UNITED CITY OF YORKVILLE,ILLINOIS Estimate of Taxable Sales by Category Last Ten Fiscal Years 2001 2002 2003 2004 2005 General Merchandise $ Food 105,258 208,251 306,587 358,048 353,518 Drinking and Eating Places 89,454 101,681 122,500 148,652 171,582 Apparel 1 Furniture&H.H.&Radio 21,268 24,870 31,809 38,194 44,865 Lumber,Building Hardware 529,406 565,386 893,191 1,131,354 1,288,827 Automobile and Filling Stations 118,763 117,991 107,890 78,129 82,376 Drugs and Miscellaneous Retail 43,786 124,953 171,648 188,871 219,702 Agriculture and All Others 97,775 216,568 128,800 158,624 199,207 Manufacturers 23,481 31,065 40,198 56,306 109,375 TOTAL $ 1,029,191 1,394,595 1,812,913 2,169,045 2,479,311 City Direct Sales Tax Rate 1.00% 1.00% 1.00% 1.00% 1.00% Data available for calendar year only. 1 Data by category is not available from the State of Illinois for categories with less than four taxpayers. However,they are included in the totals. Per the State of Illinois,there must not have been four taxpayers during the year 2001 through 2006. Data Source Illinois Department of Revenue-Local Tax Allocation Division 142 2006 2007 2008 2009 2010 51,257 276,566 449,732 508,825 376,442 390,544 326,495 276,477 258,675 203,071 214,845 230,623 236,676 248,772 4,228 19,792 52,413 58,032 44,882 43,654 26,443 15,300 21,282 556,171 854,375 715,491 347,804 359,245 109,129 109,474 143,432 164,330 187,309 969,694 522,118 347,137 372,802 562,570 274,340 284,907 250,300 175,964 53,410 124,549 111,043 167,006 302,537 323,334 2,662,379 2,586,447 2,503,286 2,394,036 2,581,452 1.00% 1.00% 1.00% 1.00% 1.00% 143 UNITED CITY OF YORKVILLE,ILLINOIS Direct and Overlapping Sales Tax Rates Last Ten Fiscal Years Local County Total Fiscal State Sales Tax County Public Sales Tax Year Sales Tax to City Sales Tax Safety Rate 2002 5.00% 1.00% 0.25% 0.50% 6.75% 2003 5.00% 1.00% 0.25% 0.50% 6.75% 2004 5.00% 1.00% 0.25% 0.50% 6.75% 2005 5.00% 1.00% 0.25% 0.50% 6.75% 2006 5.00% 1.00% 0.25% 0.50% 6.75% 2007 5.00% 1.00% 0.25% 0.50% 6.75% 2008 5.00% 1.00% 0.25% 1.00% 7.25% 2009 5.00% 1.00% 0.25% 1.00% 7.25% 2010 5.00% 1.00% 0.25% 1.00% 7.25% 2011 5.00% 1.00% 0.25% 1.00% 7.25% Data Source Illinois Department of Revenue 144 UNITED CITY OF YORKVILLE,ILLINOIS Pledged Revenue Coverage Governmental Activities Last Ten Fiscal Years Incremental Municipal Motor Municipal Net Fiscal Property Utility Fuel Sales Available Debt Service Year Tax Tax Tax Tax Revenue Principal Interest Coverage 2002 $ 2003 10,599 183,908 194,507 18,341 10.60 2004 30,661 199,973 230,634 50,000 25,793 3.04 2005 34,089 266,318 300,407 55,000 24,293 3.79 2006 70,997 266,560 2,548,784 2,886,341 55,000 124,045 16.12 2007 130,078 463,480 291,666 2,676,261 3,561,485 90,000 426,142 6.90 2008 177,205 549,535 328,650 2,506,434 3,561,824 220,000 317,662 6.62 2009 215,853 572,959 307,882 2,500,285 3,596,979 235,000 308,801 6.61 2010 222,927 833,669 434,263 2,446,099 3,936,958 405,000 299,239 5.59 2011 234,718 605,833 425,971 2,569,233 3,835,755 425,000 283,604 5.41 Note: Details regarding the City's outstanding debt can be found in the Notes to the Financial Statements. Series 2002 Bonds are payable from Motor Fuel Taxes and incremental taxes,if any,from the Fox Industrial Park Area of the City;the Series 2005 Bonds are payable from revenues from Sales Taxes:and the Series 2005A Bonds are payable from Utility Taxes. 145 UNITED CITY OF YORKVILLE,ILLINOIS Pledged Revenue Coverage Business-Type Activities Last Ten Fiscal Years Water and Less State Net Fiscal Sewer Operating Income Available Debt Service Year Revenues Expense Tax Revenue Principal Interest Coverage 2002 $ 2003 2004 2005 2,665,740 2,871,680 612,425 406,485 100,196 4.06 2006 3,164,479 2,549,953 679,842 1,294,368 120,000 150,437 4.79 2007 6,575,271 2,153,720 1,040,678 5,462,229 160,000 207,788 14.85 2008 4,474,258 1,712,150 1,053,292 3,815,400 240,000 777,258 3.75 2009 3,083,231 1,800,494 1,004,980 2,287,717 230,000 791,454 2.24 2010 3,866,841 1,489,176 1,277,889 3,655,554 235,000 813,634 3.49 2011 4,020,354 1,500,461 1,315,321 3,835,214 250,000 804,306 3.64 Note: Details regarding the City's outstanding debt can be found in the Notes to the Financial Statements. Water and Sewer revenues consist of recapture fees,connection fees and operating revenues. Operating expenses do not include capital,interest, depreciation or amortization expenses. Series 2004B,2005C and 2007A Bonds are payable from revenues from the Water and Sewer Funds and State Income Taxes;and the Series 2005D and 2008 Bonds are payable from connection and recapture fees. 146 DEBT CAPACITY UNITED CITY OF YORKVILLE,ILLINOIS Ratio of Outstanding Debt by Type Last Ten Fiscal Years Governmental Activities Business-Type Activities General General Obligation and Obligation and Alternative Alternative Fiscal Revenue Source Debt Loans Other Revenue Source Debt Loans Other Year Bonds Certificates Payable* Commitments Bonds Certificates Payable Commitments 2002 ** $ 2003 ** 2004 *** 575,000 1,235,000 1,758,762 3,500,000 11,571,859 2005 4,045,000 1,835,000 1,578,061 3,500,000 11,617,428 2006 15,065,000 1,735,000 1,451,627 16,680,000 11,534,594 2007 16,475,000 695,000 1,890 105,000 19,540,000 10,423,461 2,752,666 1,319,742 2008 16,255,000 570,000 451,890 105,000 19,300,000 10,198,112 3,062,837 3,114,694 2009 15,945,000 430,000 1,279,450 105,000 19,070,000 9,932,125 2,884,366 2,670,505 2010 15,365,000 285,000 1,154,513 18,855,000 9,571,912 2,686,846 2,523,422 2011 14,715,000 190,000 126,890 18,605,000 9,064,112 2,483,882 2,296,958 Note: Details regarding the City's outstanding debt can be found in the notes to the financial statements. * IEPA Loan L17-013000 and L17-115300 were reported as Governmental Activities prior to fiscal year 2007. ** Prior to the implementation of GASB 34. ***Fiscal Year 2004 was restated when GASB 34 was implemented in Fiscal Year 2005. (1)See the Schedule of Demographic and Economic Statistics for personal income and population data. N/A-Information not available Data Source Audited Financial Statements 147 Total Percentage Primary of Personal Per Government Income(1) Capita(1) 4,439,993 1.33% $ 717 7,158,783 2.09% 1,157 18,640,621 5.20% 3,012 22,575,489 6.01% 3,648 46,466,221 11.54% 7,508 51,312,759 12.09% 8,291 53,057,533 12.09% 3,151 52,316,446 12.30% 3,107 50,441,693 N/A 2,981 47,481,842 N/A 2,806 148 UNITED CITY OF YORKVILLE,ILLINOIS Ratio of General Bonded Debt Outstanding Last Ten Fiscal Years General Percentage of Obligation and Actual Taxable Fiscal Alternative Source Value of Per Year Bonds Property(1) Capita(2) 2002 $ 625,000 0.46% 100.99 2003 625,000 0.38% 100.99 2004 4,075,000 2.02% 658.43 2005 7,545,000 3.17% 1,219.10 2006 31,745,000 10.39% 5,129.26 2007 36,015,000 9.03% 5,819.20 2008 35,555,000 6.98% 2,111.59 2009 35,015,000 6.17% 2,079.52 2010 34,220,000 5.92% 2,022.34 2011 33,320,000 6.18% 1,969.15 Note: Details regarding the City's outstanding debt can be found in the Notes to the Financial Statements. (1) See the Schedule of Assessed Value and Actual Value of Taxable Property for property value data. (2) See the Schedule of Demographic and Economic Statistics for personal income and population data. Data Source Audited Financial Statements 149 UNITED CITY OF YORKVILLE,ILLINOIS Direct and Overlapping Governmental Activities Debt April 30,2011 (2) Percentage (1) of Debt (3) Gross Applicable to Government's Governmental Unit Bonded Debt Government Share of Debt Direct-United City of Yorkville $ 33,320,000 100.00% 33,320,000 Overlapping: County of Kendall(4) 5,735,000 16.99% 974,377 Forest Preserve District of Kendall County 49,090,000 16.99% 8,340,391 Yorkville Community Unit School District#115 89,475,170 58.50% 52,342,974 Waubonsee Community College District#516 64,683,551 5.47% 3,538,190 Plano Community Unit School District#88 25,510,762 0.28% 71,430 Newark Community Consolidated School District#66 1,240,000 0.28% 3,472 Other(3) 235,734,483 65,270,834 Total $ 269,054,483 98,590,834 Notes: (1) As of April 21,2011. (2) Percentages are based on 2010 EAVs,the latest available. (3) The United City of Yorkville Special Service Areas have$66,937,000 in outstanding debt which is expected to be paid from other sources other than City revenues. (4) Includes Public Building Commission. Data Source Kendall County Clerk 150 UNITED CITY OF YORKVILLE,ILLINOIS Schedule of Legal Debt Margin Last Ten Fiscal Years Legal Debt Margin Calculation for Fiscal Year 2011 Equalized Assessed Valuation-2010 Levy $ 539,068,780 Legal Debt Limit-8.625%of Equalized Assessed Valuation 46,494,682 Amount of Debt Applicable to Limit: Series 2005B $ 7,125,000 Series 2006 1,150,000 Series 2004C 190,000 Series 2002 Capital Appreciation 634,112 Series 2003-IRBB 1,455,000 Series 2003 800,000 Series 2004A 715,000 Series 2006A 5,460,000 Total Applicable Debt 17,529,112 Legal Debt Margin $ 28,965,570 Fiscal Year 2002 2003 2004 2005 Debt Limit $ 11,672,914 14,210,382 17,363,965 20,558,246 Total Net Debt Applicable to Limit 4,272,684 12,806,859 13,452,428 Legal Debt Margin 11,672,914 9,937,698 4,557,106 7,105,818 Total Net Debt Applicable to the Limit as a Percentage of Debt Limit 0.0% 30.1% 73.8% 65.4% Data Source Audited Financial Statements 151 2006 2007 2008 2009 2010 2011 26,357,389 34,399,488 43,956,278 48,924,406 49,875,653 46,494,682 20,519,594 19,868,461 19,518,112 19,037,125 18,356,912 17,529,112 5,837,795 14,531,027 24,438,166 29,887,281 31,518,741 28,965,570 77.9% 57.8% 44.4% 38.9% 36.8% 37.7% 152 DEMOGRAPHIC AND ECONOMIC INFORMATION UNITED CITY OF YORKVILLE,ILLINOIS Demographic and Economic Statistics Last Ten Calendar Years (4) Per (4) Capita (2) (3) (1) Personal Personal Median School Unemployment Year Population Income Income Age(1) Enrollment Rate 2001 6,189 $ 328,417 35,727 35.8 2,293 4.2% 2002 6,189 334,794 36,213 35.8 2,450 5.5% 2003 6,189 341,829 36,811 35.8 2,615 5.7% 2004 6,189 358,600 38,427 35.8 2,864 5.3% 2005 6,189 375,515 40,110 35.8 3,172 5.0% 2006 6,189 402,539 42,828 35.8 3,561 3.8% 2007 6,189 424,523 44,914 35.8 4,270 4.3% 2008 16,838 438,902 46,124 35.8 4,774 5.8% 2009 16,838 425,178 44,379 35.8 5,105 9.9% 2010 16,921 N/A N/A 35.8 5,283 9.8% N/A-Information not available Data Source (1) U.S.Census (2) Data provided by School District Administrative Offices (3) Illinois Dept of Employment Security,Economic Information and Analysis (4) U.S.Bureau of Economic Analysis-Chicago-Naperville-Joliet Metropolitan Statistical Area (amounts expressed in thousands) 153 UNITED CITY OF YORKVILLE,ILLINOIS Top Ten Principal Employers Current Year and Eight Years Ago April 30,2011 2010 2002 Percentage Percentage Total City Total City Employer Employees Rank Employment Employees Rank Employment Raging Waves(Seasonal) 450 1 2.7% Wrigley Manufacturing Co. 335 2 2.0% 500 1 8.1% Super Target 180 3 1.1% Menards Mega Store 140 4 0.8% Jewel/Osco 130 5 0.8% Newlywed Foods 130 6 0.8% 115 3 1.9% Kohl's 115 7 0.7% Hillside Health Care Center 90 8 0.5% Home Depot 85 9 0.5% ProBuild 65 10 0.4% Wheatland Title 65 10 0.4% The Remline Co. 175 2 2.8% Wayne Circuits,Inc. 100 4 1.6% Brenart Eye Clinic 50 5 0.8% Cascade Water Works Mfg.Co. 40 6 0.6% C.J.Insulation,Inc. 40 6 0.6% Silica Sand Transport,Inc. 30 7 0.5% The Fox Valley Shopping News 30 7 0.5% Bristol Equipment Co. 25 8 0.4% Total 1,785 10.5% 1,105 17.9% Data Source Yorkville Economic Development Corporation 2002 Illinois Manufacturers Directory 154 OPERATTING, UNITED CITY OF YORKVILLE,ILLINOIS Full-Time and Part-Time Employees by Function/Program-Last Ten Fiscal Years April 30,2011 Function/Program 2002 2003 2004 2005 2006 Full-Time General Government: Administration 4 7 8 12 13 Finance N/A N/A N/A N/A N/A Community Relations N/A N/A N/A N/A N/A Engineering 2 3 4 5 5 Community Development N/A N/A N/A N/A N/A Public Safety: Police Officers 15 17 21 23 24 Civilians 2 2 2 3 3 Public Works: Streets 2 3 4 4 5 Water 4 5 5 6 6 Sewer 1 1 1 2 4 Culture&Recreation: Parks 2 2 2 9 7 Recreation 3 4 5 6 6 Library: 2 3 3 3 4 Part-Time General Government: Administration 2 4 1 3 1 Finance N/A N/A N/A N/A N/A Community Relations N/A N/A N/A N/A N/A Engineering 1 Community Development N/A N/A N/A N/A N/A Public Safety: Police Officers 2 4 1 5 3 Civilians 3 3 3 3 4 Public Works: Water 1 Culture&Recreation: Parks 3 4 4 6 6 Recreation 6 6 7 11 18 Library: 7 13 11 11 12 N/A-Information not available Data Source City Human Resource Department 155 2007 2008 2009 2010 2011 15 9 7 5 4 N/A 6 5 4 3 N/A N/A 1 1 5 6 7 4 3 4 6 5 4 3 28 29 30 27 25 4 5 5 5 3 5 5 5 6 5 7 7 7 7 7 4 4 3 4 3 9 9 9 8 8 7 7 7 6 4 4 4 5 5 5 2 1 N/A N/A N/A 1 1 1 1 3 2 2 3 7 7 7 6 6 5 5 1 2 2 27 33 29 38 40 31 35 33 33 30 156 UNITED CITY OF YORKVILLE,ILLINOIS Operating Indicators by Function/Program-Last Ten Fiscal Years April 30,2011 Function/Program 2002 2003 2004 2005 2006 Police Arrests made 1,140 1,253 1,168 1,308 1,536 Parking violations N/A N/A N/A N/A N/A Traffic violations 5,172 5,471 5,692 6,960 2,848 Reports taken 1,593 1,648 2,251 2,598 3,006 Calls for service 9,734 9,947 10,616 11,000 13,435 Community Development Permits issued 780 951 1,089 1,571 1,395 Public Works Street resurfacing(miles) 6.12 2.70 3.84 2.92 Snow and ice control(tons of salt) N/A N/A N/A N/A N/A Pothole repairs(tons of asphalt) N/A N/A N/A N/A N/A Water Number of accounts N/A 2,950 3,336 3,766 4,376 Total annual consumption(cubic feet) N/A 42,338,819 45,544,483 56,166,633 59,803,097 Average daily consumption(cubic feet) N/A 115,997 124,779 153,881 163,844 *Police information is presented on a calendar year basis-operating indicators for 2011 are thru June. N/A-Information not available Data Source Various City Departments 157 2007 2008 2009 2010 2011 1,506 1,891 1,732 657 254 N/A N/A N/A 845 324 * 6,610 9,571 10,891 4,436 1,906 * 3,290 3,479 3,302 2,798 1,180 * 15,031 17,523 18,614 13,533 5,913 * 1,420 1,173 725 593 570 2.99 991.48 2,448.75 2,274.78 2,213.00 1,900.03 19.87 325.21 52.180 246.05 226.96 5,129 5,669 5,862 5,969 6,051 68,706,042 68,681,592 70,017,839 67,141,121 66,093,601 188,236 188,169 191,830 183,948 181,078 158 UNITED CITY OF YORKVILLE,ILLINOIS Capital Asset Statistics by Function/Program-Last Ten Fiscal Years April 30,2011 2002 2003 2004 2005 2006 Function/Program Police Station 1.00 1.00 1.00 1.00 1.00 Patrol units N/A N/A N/A N/A N/A Public Works Streets(miles) 31.78 33.71 36.28 36.28 36.28 Traffic signals 12.00 16.00 16.00 17.00 17.00 Water Water mains(miles) 29.05 29.05 29.05 29.05 38.80 Fire hydrants 802 813 852 852 906 Sewer Sanitary sewer(miles) 31.68 32.38 33.36 34.21 34.88 Lift stations 2.00 2.00 2.00 3.00 3.00 Storm sewers(miles) 25.77 31.56 35.53 36.54 40.72 Data Source Various City departments 159 2007 2008 2009 2010 2011 1.00 1.00 1.00 1.00 1.00 N/A N/A N/A 23.00 24.00 41.56 44.29 45.49 56.00 59.56 19.00 27.00 29.00 29.00 29.00 41.56 46.64 47.37 58.85 59.88 929 989 1,001 1,188 1,207 37.88 42.71 43.01 53.43 54.25 4.00 5.00 5.00 7.00 7.00 48.17 54.71 55.65 68.90 69.63 160 United City of Yorkville,Illinois Water Sold by Type of Customer-Last Ten Fiscal Years April 30,2011 (In Cubic Feet) Fiscal Year 2002 2003 2004 2005 Type of Customer Residential/Multi-Family N/A 32,266,912 35,623,501 46,072,402 Commercial N/A 7,015,658 6,416,501 6,419,339 Industrial N/A 1,665,285 1,831,120 2,021,732 School/Government N/A 1,390,964 1,673,361 1,653,160 Total - 42,338,819 45,544,483 56,166,633 Water rate per 100 cubic feet $2.17 $2.17 $2.17 $2.17 Water Infrastructure Fee(Bi-Monthly) Sewer Maintenance Fee(Bi-monthly) $18.00 $18.00 $18.00 $18.00 N/A-Information not available Data Source United City of Yorkville Water Department 161 2006 2007 2008 2009 2010 2011 49,522,107 57,594,069 57,579,419 57,442,439 54,957,869 53,192,101 6,575,643 7,344,750 7,344,350 8,453,300 7,636,451 8,340,150 2,070,672 1,905,150 1,904,950 1,961,750 1,967,801 2,338,550 1,634,675 1,862,073 1,852,873 2,160,350 2,579,000 2,222,800 59,803,097 68,706,042 68,681,592 70,017,839 67,141,121 66,093,601 $2.17 $2.17 $2.17 $2.17 $2.17 $2.28 $16.50 $18.00 $18.00 $18.00 $18.00 $18.00 $18.00 162 0 C/".y Reviewed By: Agenda Item Number Jam - 0� Legal ❑ CA#1 EST._ 1636 Finance e Engineer ❑ City Administrator El Tracking Number Public Works ❑ ❑ CC 2011-113 �� KeibeliGwnry .�S Agenda Item Summary Memo Title: Bill Payments - $389,014.26 Meeting and Date: City Council 10/11/11 Synopsis: Approval of bill payments. Council Action Previously Taken: Date of Action: Action Taken: Item Number: Type of Vote Required: Majority Council Action Requested: Approval Submitted by: Amy Simmons Finance Name Department Agenda Item Notes: DATE: 10/05/11 UNITED CITY OF YORKVILLE PAGE: TIME: 10:34:53 CHECK REGISTER PRG ID: AP215000.WOW CHECK DATE: 10/11/11 CHECK # VENDOR # INVOICE INVOICE ITEM NUMBER DATE # DESCRIPTION ACCOUNT # ITEM AMT ---------------------------------------------------------------------------------------------------------------------------------- 512013 AACVB AURORA AREA CONVENTION 083111-HAMPTON 09/20/11 01 ADMIN SERVICES-HAMPTON INN 01-640-54-00-5481 3, 169.88 02 HOTEL TAX FOR AUGUST 2011 ** COMMENT ** INVOICE TOTAL: 3, 169.88 * 083111-SUPER 09/20/11 01 ADMIN SERVICES-SUPER 8 MOTEL 01-640-54-00-5481 1, 319.00 02 TAX FOR AUGUST 2011 ** COMMENT ** INVOICE TOTAL: 1, 319.00 093111-ALL 09/23/11 01 ADMIN SERVICES-ALL SEASONS 01-640-54-00-5481 27.54 02 HOTEL TAX FOR AUGUST 2011 ** COMMENT ** INVOICE TOTAL: 27.54 * CHECK TOTAL: 4, 516. 512014 ARAMARK ARAMARK UNIFORM SERVICES 610-7199028 09/06/11 01 STREETS-UNIFORMS 01-410-56-00-5600 31.69 02 WATER OP-UNIFORMS 51-510-56-00-5600 31.69 03 SEWER OP-UNIFORMS 52-520-56-00-5600 31.69 INVOICE TOTAL: 95.07 * 610-7208706 09/13/11 01 STREETS-UNIFORMS 01-410-56-00-5600 30.95 02 WATER OP-UNIFORMS 51-510-56-00-5600 30.95 03 SEWER OP-UNIFORMS 52-520-56-00-5600 30.95 INVOICE TOTAL: 92.85 * 610-7218110 09/20/11 01 STREETS-UNIFORMS 01-410-56-00-5600 29.84 02 WATER OP-UNIFORMS 51-510-56-00-5600 29.84 03 SEWER OP-UNIFORMS 52-520-56-00-5600 29.85 INVOICE TOTAL: 89.53 * CHECK TOTAL: 277.9 512015 ATTINTER AT&T INTERNET SERVICES DATE: 10/05/11 UNITED CITY OF YORKVILLE PAGE: TIME: 10:34:53 CHECK REGISTER PRG ID: AP215000.WOW CHECK DATE: 10/11/11 CHECK # VENDOR # INVOICE INVOICE ITEM NUMBER DATE # DESCRIPTION ACCOUNT # ITEM AMT -------------------------------------------------------------------------------------------------------------------- 512015 ATTINTER AT&T INTERNET SERVICES 842804266-8-0711 07/09/11 01 ADMIN-REMAINDER OF JULY 01-110-54-00-5440 122.07 02 INVOICE, INVOICE WAS PAID AT ** COMMENT ** 03 THE OLD RATE ** COMMENT ** INVOICE TOTAL: 122.07 * 842804266-8-0911 09/09/11 01 ADMIN-T. 1 SERVICE - SEPT. 2011 01-110-54-00-5440 584.89 INVOICE TOTAL: 584.89 * CHECK TOTAL: 706 .' 512016 B&FTECH B&F TECHNICAL CODE SERVICES 33655 08/31/11 01 COMM/DEV-AUGUST 2011 01-220-54-00-5459 5,645.00 02 INSPECTIONS ** COMMENT ** INVOICE TOTAL: 5,645.00 CHECK TOTAL: 5, 645.( 512017 BANCAMER BANC OF AMERICA LEASING 011978929-C 09/22/11 01 FINANCE-COPIER LEASE 01-120-54-00-5485 279.50 02 ADMIN-COPIER LEASE 01-110-54-00-5485 143.00 03 COMM/DEV-COPIER LEASE 01-220-54-00-5485 136 .50 04 POLICE-COPIER LEASE 01-120-54-00-5485 277.00 05 WATER OP-COPIER LEASE 51-510-54-00-5485 33.00 06 SEWER OP-COPIER LEASE 52-520-54-00-5485 33.00 07 STREETS-COPIER LEASE 01-410-54-00-5485 33.00 INVOICE TOTAL: 935.00 CHECK TOTAL: 935.0 512018 BNYCORP THE BANK OF NEW YORK 252-1577142 09/15/11 01 WATER OP-YRKVILLE05C 2005 C 51-510-54-00-5462 374.50 -p- DATE: 10/05/11 UNITED CITY OF YORKVILLE PAGE: TIME: 10:34:53 CHECK REGISTER PRG ID: AP215000.WOW CHECK DATE: 10/11/11 CHECK # VENDOR # INVOICE INVOICE ITEM NUMBER DATE # DESCRIPTION ACCOUNT # ITEM AMT ---------------------------------------------------------------------------------------------------------------------------------- 512018 BNYCORP THE BANK OF NEW YORK 252-1577142 09/15/11 02 PAYING AGENT FEES ** COMMENT ** INVOICE TOTAL: 374.50 * CHECK TOTAL: 374•.' 512019 BPAMOCO BP AMOCO OIL COMPANY 31478594-PD 09/24/11 01 POLICE-GASOLINE 01-210-56-00-5695 197.92 INVOICE TOTAL: 197.92 * CHECK TOTAL: 197.E 512020 BPAMOCO BP AMOCO OIL COMPANY 31478595-PW 09/24/11 01 STREETS-GASOLINE 01-410-56-00-5695 470.22 02 WATER OP-GASOLINE 51-510-56-00-5695 470.20 03 SEWER OP-GASOLINE 52-520-56-00-5695 470.20 INVOICE TOTAL: 1, 410.62 * CHECK TOTAL: 1, 410.6 512021 BRENNTAG BRENNTAG MID-SOUTH, INC. BMS077106 08/31/11 01 WATER OP-CHEMICALS 51-510-56-00-5638 1, 650.00 INVOICE TOTAL: 1,650.00 BMS825247 09/22/11 01 WATER OP-CHEMICALS 51-510-56-00-5638 1, 207.00 INVOICE TOTAL: 1,207.00 BMS825250 09/22/11 01 WATER OP-CHEMICALS 51-510-56-00-5638 983.50 INVOICE TOTAL: 983.50 * BMS884391 09/01/11 01 WATER OP-DRUM RETURN CREDIT 51-510-56-00-5638 -550.00 INVOICE TOTAL: -550.00 * CHECK TOTAL: 3, 290.5 -3- DATE: 10/05/11 UNITED CITY OF YORKVILLE PAGE: TIME: 10:34:53 CHECK REGISTER PRG ID: AP215000.WOW CHECK DATE: 10/11/11 CHECK # VENDOR # INVOICE INVOICE ITEM NUMBER DATE # DESCRIPTION ACCOUNT # ITEM AMT ---------------------------------------------------------------------------------------------------------------------------------- 512022 CALLONE UNITED COMMUNICATION SYSTEMS 1010-7980-0000-0911C 09/15/11 01 ADMIN-MONTHLY CHARGES 01-110-54-00-5440 186 . 44 02 ADMIN-CITY HALL NORTEL 01-110-54-00-5440 277.81 03 POLICE-CITY HALL NORTEL 01-210-54-00-5440 277.81 04 WATER OP-CITY HALL NORTEL 51-510-54-00-5440 277.82 05 POLICE-MONTHLY CHARGES 01-210-54-00-5440 1, 651.53 06 POLICE-CITY HALL FIRE 01-210-54-00-5440 44.60 07 ADMIN-CITY HALL FIRE 01-110-54-00-5440 44.60 08 WATER OP-MONTHLY CHARGES 51-510-54-00-5440 954.20 INVOICE TOTAL: 3, 714.81 * CHECK TOTAL: 3, 714.E 512023 CARGILL CARGILL, INC 2900125643 09/07/11 01 WATER OP-BULK ROCK SALT 51-510-56-00-5638 2, 749.51 INVOICE TOTAL: 2, 749.51 2900134094 09/12/11 01 WATER OP-BULK ROCK SALT 51-510-56-00-5638 2, 723.55 INVOICE TOTAL: 2, 723.55 * 2900134117 09/13/11 01 WATER OP-BULK ROCK SALT 51-510-56-00-5638 2, 722. 46 INVOICE TOTAL: 2, 722.46 * CHECK TOTAL: 8, 195•`_ 512024 CDWG CDW GOVERNMENT INC. ZMQ3217 08/31/11 01 ADMIN SERVER-WINDOWS SERVER 01-640-54-00-5462 1, 748.55 INVOICE TOTAL: 1, 748.55 * ZMQ3220 08/31/11 01 ADMIN SERVICES-WINDOWS SERVER 01-640-54-00-5462 1, 177.62 INVOICE TOTAL: 1, 177.62 ZMQ3277 08/31/11 01 ADMIN SERVICES-WINDOWS SERVER 01-640-54-00-5462 2, 276 .01 INVOICE TOTAL: 2, 276.01 CHECK TOTAL: 5,202 .1 _d_ DATE: 10/05/11 UNITED CITY OF YORKVILLE PAGE: TIME: 10:34:53 CHECK REGISTER PRG ID: AP215000.WOW CHECK DATE: 10/11/11 CHECK # VENDOR # INVOICE INVOICE ITEM NUMBER DATE # DESCRIPTION ACCOUNT # ITEM AMT ---------------------------------------------------------------------------------------------------------------------------------- 512025 COLLINS COLLINS FARMS 092511 09/25/11 01 LAND CASH-DISKING AND FIELD 72-720-60-00-6036 700.00 02 CULTIVATING RAIN TREE PARK ** COMMENT ** INVOICE TOTAL: 700.00 * CHECK TOTAL: 700. 512026 COMED COMMONWEALTH EDISON 4329092028-0811 09/20/11 01 STREETS-LIGHTS 01-410-54-00-5480 982.09 INVOICE TOTAL: 982.09 * 6963019021-0811 09/13/11 01 STREETS-LIGHTS 01-410-54-00-5480 11.06 INVOICE TOTAL: 11 .06 * CHECK TOTAL: 993. 512027 DAVEAUTO DAVID L CHELSEN 18438 09/15/11 01 POLICE-BATTERY 01-210-54-00-5495 134 .00 INVOICE TOTAL: 134.00 * 18441 09/16/11 01 POLICE-SQUAD REPAIR 01-210-54-00-5495 965.00 INVOICE TOTAL: 965.00 * CHECK TOTAL: 1, 099.1 512028 DEKANE DEKANE EQUIPMENT CORP. IA04602 09/21/11 01 STREETS-BRAKE SWITCH 01-410-56-00-5640 6.00 INVOICE TOTAL: 6 .00 * IA04606 09/21/11 01 STREETS-SOLENOID 01-410-56-00-5640 155.05 INVOICE TOTAL: 155.05 * CHECK TOTAL: 161.( -5- DATE: 10/05/11 UNITED CITY OF YORKVILLE PAGE: TIME: 10:34: 53 CHECK REGISTER PRG ID: AP215000.WOW CHECK DATE: 10/11/11 CHECK # VENDOR # INVOICE INVOICE ITEM NUMBER DATE # DESCRIPTION ACCOUNT # ITEM AMT ----------------------------------------------------------------------------------------------------- 512029 DEPO DEPO COURT REPORTING SVC, INC 15124 09/20/11 01 POLICE-09/14/11 ADMIN HEARING 01-210-54-00-5467 175.00 INVOICE TOTAL: 175.00 * CHECK TOTAL: 175. 512030 EXELON EXELON ENERGY 200307000130 09/24/11 01 WATER OP-LIGHTS 51-510-54-00-5480 2, 929.66 INVOICE TOTAL: 2, 929.66 * CHECK TOTAL: 2,929• 512031 FREDRICR ROB FREDRICKSON 100111 10/01/11 01 FINANCE-MOBILE EMAIL 01-120-54-00-5440 45.00 02 REIMBURSEMENT FOR SEPT. 2011 ** COMMENT ** INVOICE TOTAL: 45.00 CHECK TOTAL: 45. 512032 GARDKOCH GARDINER KOCH & WEISBERG H-1847C-79022 09/09/11 01 ADMIN SERVICES-GENERAL LEGAL 01-640-54-00-5461 296 .00 02 MATTERS ** COMMENT ** INVOICE TOTAL: 296 .00 H-1961C-79021 09/09/11 01 ADMIN SERVICES-KENDALL 01-640-54-00-5461 795.50 02 MARKET PLACE LEGAL MATTERS ** COMMENT ** INVOICE TOTAL: 795.50 H-1974C-79018 09/08/11 01 ADMIN SERVICES-IEPA MATTERS 01-640-54-00-5461 18.50 INVOICE TOTAL: 18.50 H-2013C-79023 09/09/11 01 ADMIN SERVICES-HAMMAN FEES 01-640-54-00-5461 92 .50 -r- DATE: 10/05/11 UNITED CITY OF YORKVILLE PAGE: TIME: 10:34:53 CHECK REGISTER PRG ID: AP215000.WOW CHECK DATE: 10/11/11 CHECK # VENDOR # INVOICE INVOICE ITEM NUMBER DATE # DESCRIPTION ACCOUNT # ITEM AMT ---------------------------------------------------------------------------------------------------------------------------------- 512032 GARDKOCH GARDINER KOCH & WEISBERG H-2013C-79023 09/09/11 02 MATTERS ** COMMENT ** INVOICE TOTAL: 92.50 * H-2644C-79019 09/09/11 01 ADMIN SERVICES-KENCOMM MATTERS 01-640-54-00-5461 2, 236.88 INVOICE TOTAL: 2,236 .88 CHECK TOTAL: 3, 439. 512033 GODWINL LISA GODWIN 092011 09/26/11 01 ADMIN-09/20/11 MEETING MINUTES 01-110-54-00-5462 96.46 INVOICE TOTAL: 96 .46 * 092111 09/26/11 01 ADMIN-09/21/11 CULTURAL 01-110-54-00-5462 35.00 02 COMMISSION MEETING MINUTES ** COMMENT ** INVOICE TOTAL: 35.00 * CHECK TOTAL: 131. 512034 GOLINSKI GARY GOLINSKI 100111 10/01/11 01 ADMIN-MOBILE EMAIL 01-110-54-00-5440 45.00 02 REIMBURSEMENT FOR SEPT. 2011 ** COMMENT ** INVOICE TOTAL: 45.00 * 2011IML 09/18/11 01 ADMIN-MAYOR'S LODGING FOR 2011 01-110-54-00-5415 723 .57 02 IML CONFERENCE ** COMMENT ** INVOICE TOTAL: 723.57 * CHECK TOTAL: 768.' 512035 GRAINCO GRAINCO FS., INC. 123111 08/17/11 01 STREETS-RAZOR PRO 01-410-56-00-5620 53 .05 INVOICE TOTAL: 53.05 * -7- DATE: 10/05/11 UNITED CITY OF YORKVILLE PAGE: TIME: 10:34:53 CHECK REGISTER PRG ID: AP215000.WOW CHECK DATE: 10/11/11 CHECK # VENDOR # INVOICE INVOICE ITEM NUMBER DATE # DESCRIPTION ACCOUNT # ITEM AMT ---------------------------------------------------------------------------------------------------------------------------------- 512035 GRAINCO GRAINCO FS_, INC. 123221 08/19/11 01 STREETS-RAZOR PRO 01-410-56-00-5620 53 .05 INVOICE TOTAL: 53.05 * CHECK TOTAL: 106 . 512036 GROUND GROUND EFFECTS INC. 245426 09/16/11 01 LAND CASH-STRAW, FABRIC PINS 72-720-60-00-6036 542. 70 INVOICE TOTAL: 542.70 * 245606 09/20/11 01 LAND CASH-SOD 72-720-60-00-6036 76 .90 INVOICE TOTAL: 76 .90 * 245626 09/20/11 01 LAND CASH-STRAW BLANKET 72-720-60-00-6036 46 .80 INVOICE TOTAL: 46 .80 * CHECK TOTAL: 666 ., 512037 HACH HACH COMPANY 7414654 09/12/11 01 WATER OP-CHEMICALS 51-510-56-00-5638 439.95 INVOICE TOTAL: 439.95 * CHECK TOTAL: 439 .1 512038 HDSUPPLY HD SUPPLY WATERWORKS, LTD. 3665333 09/16/11 01 WATER OP-METER, COUPLINGS 51-510-56-00-5664 435.65 INVOICE TOTAL: 435.65 * CHECK TOTAL: 435.6 512039 HOMEDEPO HOME DEPOT 1015566 09/01/11 01 COMM/DEV-PRO CALCULATOR 01-220-56-00-5620 49. 78 INVOICE TOTAL: 49. 78 * -R- DATE: 10/05/11 UNITED CITY OF YORKVILLE PAGE: TIME: 10:34:53 CHECK REGISTER PRG ID: AP215000.WOW CHECK DATE: 10/11/11 CHECK # VENDOR # INVOICE INVOICE ITEM NUMBER DATE # DESCRIPTION ACCOUNT # ITEM AMT ---------------------------------------------------------------------------------------------------------------------------------- 512039 HOMEDEPO HOME DEPOT 3010808 07/01/11 01 STREETS-FILTERS 01-410-56-00-5656 42. 14 INVOICE TOTAL: 42. 14 * 3013777 08/10/11 01 STREETS-FUSES 01-410-56-00-5620 18.97 INVOICE TOTAL: 18.97 * 3141222 08/10/11 01 STREETS-FILTERS 01-410-56-00-5656 11 .67 INVOICE TOTAL: 11.67 * 3141224 08/10/11 01 STREETS-FILTERS 01-410-56-00-5640 85.68 INVOICE TOTAL: 85.68 * 5010652 06/29/11 01 STREETS-HS BLADE 01-410-56-00-5656 3.19 INVOICE TOTAL: 3.19 * 6010556 06/28/11 01 STREETS-TOGGLE 13OLTS 01-410-56-00-5656 37.28 INVOICE TOTAL: 37.28 * 6010586 06/28/11 01 STREETS-TOGGLE 13OLT 01-410-56-00-5656 1.98 INVOICE TOTAL: 1.98 * CHECK TOTAL: 250.E 512040 ILPD4778 ILLINOIS STATE POLICE 092611-CITY 09/26/11 01 ADMIN-BACKGROUND CHECK 01-110-54-00-5462 34.25 INVOICE TOTAL: 34.25 * CHECK TOTAL: 34 .2 512041 ILPD4811 ILLINOIS STATE POLICE 092611-CITY 09/26/11 01 POLICE-BACKGROUND CHECK 01-210-54-00-5462 34.25 02 ADMIN-BACKGROUND CHECK 01-110-54-00-5462 34.25 -Q- DATE: 10/05/11 UNITED CITY OF YORKVILLE PAGE: TIME: 10:34:53 CHECK REGISTER PRG ID: AP215O00.WOW CHECK DATE: 10/11/11 CHECK # VENDOR # INVOICE INVOICE ITEM NUMBER DATE # DESCRIPTION ACCOUNT # ITEM AMT ---------------------------------------------------------------------------------------------------------------------------------- 512041 ILPD4811 ILLINOIS STATE POLICE 092611-CITY 09/26/11 03 COMM/DEV-BACKGROUND CHECKS 01-220-54-00-5462 68.50 INVOICE TOTAL: 137.00 CHECK TOTAL: 137. 512042 ILPSAN ILLINOIS PUBLIC SAFETY AGENCY 035085 10/01/11 01 POLICE-BILLING CHARGE FOR 01-210-54-00-5484 3, 330.00 02 01/01/2012 - 06/30/2012 ** COMMENT ** INVOICE TOTAL: 3,330.00 CHECK TOTAL: 3, 330. 512043 ILTRKRNT ILLINOIS TRUCK & EQUIP RENTAL 10031136 09/22/11 01 LAND CASH-DOZER RENTAL 72-720-60-00-6036 2, 600.00 02 STREETS-DOZER RENTAL PICK UP 01-410-56-00-5620 250.00 03 CHARGE ** COMMENT ** INVOICE TOTAL: 2, 850.00 CHECK TOTAL: 2, 850. 512044 INTEGRYS INTEGRYS ENERGY SERVICES, INC 17974469-1 09/02/11 01 WATER OP-2702 MILL RD 51-510-54-00-5480 2, 074 .89 INVOICE TOTAL: 2, 074.89 CHECK TOTAL: 2, 074• 512045 ITRON ITRON 210361 09/11/11 01 WATER OP-OCTOBER HOSTING 51-510-54-00-5462 438.69 02 SERVICES ** COMMENT ** INVOICE TOTAL: 438.69 CHECK TOTAL: 438 • DATE: 10/05/11 UNITED CITY OF YORKVILLE PAGE: TIME: 10:34:53 CHECK REGISTER PRG ID: AP215000.WOW CHECK DATE: 10/11/11 CHECK # VENDOR # INVOICE INVOICE ITEM NUMBER DATE # DESCRIPTION ACCOUNT # ITEM AMT ---------------------------------------------------------------------------------------------------------------------------------- 512046 JUSTSAFE JUST SAFETY, LTD 15052 09/20/11 01 ADMIN-FIRST AID SUPPLIES 01-110-56-00-5610 45.20 INVOICE TOTAL: 45.20 * CHECK TOTAL: 45• 512047 KCACP KENDALL COUNTY ASSOCIATION 396691/96 09/27/11 01 POLICE-CHIEF°S MEETING LUNCH 01-210-54-00-5415 60.00 INVOICE TOTAL: 60.00 * CHECK TOTAL: 60. 512048 KCCONC KENDALL COUNTY CONCRETE 28175 09/12/11 01 STREETS-CONCRETE 01-410-56-00-5640 79.50 INVOICE TOTAL: 79.50 CHECK TOTAL: 79.! 512049 KENDTREA KENDALL COUNTY TREASURER YPD0711 09/12/11 01 POLICE-COST SHARING AGREEMENT 01-210-54-00-5469 8, 949.15 02 % FOR ANNUAL SOFTWARE ** COMMENT ** 03 MAINTENANCE ** COMMENT ** INVOICE TOTAL: 8, 949.15 CHECK TOTAL: 8, 949. : 512050 KENPRINT ANNETTE M. POWELL 18561-CITY 09/19/11 01 FINANCE-GF AP CHECKS 01-120-56-00-5610 97.60 INVOICE TOTAL: 97.60 * 18563 09/20/11 01 POLICE-500 BUSINESS CARDS 01-210-54-00-5430 44.00 INVOICE TOTAL: 44.00 * CHECK TOTAL: 141 .6 DATE: 10/05/11 UNITED CITY OF YORKVILLE PAGE: TIME: 10:34:53 CHECK REGISTER PRG ID: AP215000.WOW CHECK DATE: 10/11/11 CHECK # VENDOR # INVOICE INVOICE ITEM NUMBER DATE # DESCRIPTION ACCOUNT # ITEM AMT ------------------------------------------------------------------------------------------------------ 512051 LANEMUCH LANER, MUCHIN, DOMBROW, BECKER 384184 09/01/11 01 ADMIN SERVICES-AUGUST GENERAL 01-640-54-00-5463 270.00 02 EMPLOYMENT LEGAL MATTERS ** COMMENT ** INVOICE TOTAL: 270.00 CHECK TOTAL: 270• 512052 MARINEBI ARCH CHEMICALS, INC 51665641 09/09/11 01 SUNFLOWER SSA-AUGUST POND 12-112-54-00-5495 789 .00 02 TREATMENT ** COMMENT ** INVOICE TOTAL: 789.00 CHECK TOTAL: 789' 512053 MENLAND MENARDS - YORKVILLE 15797 09/07/11 01 WATER OP-BATTERIES 51-510-56-00-5620 14.85 INVOICE TOTAL: 14 .85 * 18904 09/19/11 01 WATER OP-TUBECUTTER, TOILET 51-510-56-00-5638 13 .26 02 SUPPLY, COMPRESSION SLEEVE ** COMMENT ** INVOICE TOTAL: 13.26 * 19058 09/20/11 01 WATER OP-TOILET SUPPLY 51-510-56-00-5638 3 . 16 INVOICE TOTAL: 3 . 16 * 19326 09/21/11 01 WATER OP-CAR WASH, CORD, 51-510-56-00-5638 13.26 02 TOILET CLEANER ** COMMENT ** INVOICE TOTAL: 13.26 * 19784 09/23/11 01 WATER OP-BATTERIES 51-510-56-00-5620 17.21 INVOICE TOTAL: 17.21 * CHECK TOTAL: 61 . DATE: 10/05/11 UNITED CITY OF YORKVILLE PAGE: TIME: 10:34:53 CHECK REGISTER PRG ID: AP215000.WOW CHECK DATE: 10/11/11 CHECK # VENDOR # INVOICE INVOICE ITEM NUMBER DATE # DESCRIPTION ACCOUNT # ITEM AMT ---------------------------------------------------------------------------------------------------------------------------------- 512054 METIND METROPOLITAN INDUSTRIES, INC. 0000250747 09/12/11 01 SEWER OP-BRUELL LIFT STATION 52-520-56-00-5613 7, 227.00 02 PUMP REPAIR ** COMMENT ** INVOICE TOTAL: 7, 227.00 CHECK TOTAL: 7,227. 512055 METLIFE METLIFE SMALL BUSINESS CENTER 091911 09/19/11 01 ADMIN SERVICES-OCTOBER LIFE 01-640-52-00-5222 1, 166.06 02 INSURANCE ** COMMENT ** INVOICE TOTAL: 1, 166 .06 CHECK TOTAL: 1, 166. 512056 MJELECT MJ ELECTRICAL SUPPLY, INC. 1124288-00 09/15/11 01 STREETS-PHOTOCONTROL 01-410-56-00-5640 150.00 INVOICE TOTAL: 150.00 * 1124313-00 09/15/11 01 STREETS-BULBS, TAPE 01-410-56-00-5640 99.80 INVOICE TOTAL: 99.80 * 1124313-01 09/22/11 01 STREETS-LENS 01-410-56-00-5640 196 .00 INVOICE TOTAL: 196.00 * 1124315-01 09/19/11 01 SEWER OP-HOT START HEATER 52-520-56-00-5640 129.00 INVOICE TOTAL: 129.00 * 1124358-01 09/20/11 01 WATER OP-BATTERIES 51-510-56-00-5638 45.00 INVOICE TOTAL: 45.00 * 1124413-01 09/21/11 01 WATER OP-BATTERIES 51-510-56-00-5638 45.00 INVOICE TOTAL: 45.00 * CHECK TOTAL: 664 .8 DATE: 10/05/11 UNITED CITY OF YORKVILLE PAGE: TIME: 10:34:53 CHECK REGISTER PRG ID: AP215000.WOW CHECK DATE: 10/11/11 CHECK # VENDOR # INVOICE INVOICE ITEM NUMBER DATE # DESCRIPTION ACCOUNT # ITEM AMT ---------------------------------------------------------------------------------------------------------------------------------- 512057 MOONBEAM DIANE GIANNELLI OAKLEY 080911 08/09/11 01 ADMIN-AUGUST 9 CC MEETING 01-110-54-00-5462 50.00 02 VIDEO SERVICES ** COMMENT ** INVOICE TOTAL: 50.00 * 137 07/26/11 01 ADMIN-JULY 26 CC MEETING 01-110-54-00-5462 50.00 02 VIDEO SERVICES ** COMMENT ** INVOICE TOTAL: 50.00 * 139 08/23/11 01 ADMIN-AUGUST 23 CC MEETING 01-110-54-00-5462 50.00 02 VIDEO SERVICES ** COMMENT ** INVOICE TOTAL: 50.00 * 140 09/13/11 01 ADMIN-09/13/11 CC MEETING 01-110-54-00-5462 50.00 02 VIDEO SERVICES ** COMMENT ** INVOICE TOTAL: 50.00 * CHECK TOTAL: 200. 512058 NEXTEL NEXTEL COMMUNICATIONS 837900513-115 09/21/11 01 COMM/DEV-MONTHLY CHARGES 01-220-54-00-5440 147. 15 02 COMM/DEV-REPL. LG OPTIMUS & 01-220-54-00-5440 39.98 03 HOLSTER ** COMMENT ** 04 POLICE-MONTHLY CHARGES 01-210-54-00-5440 825.27 05 SEWER OP-MONTHLY CHARGES 52-520-54-00-5440 125.17 06 WATER OP-MONTHLY CHARGES 51-510-54-00-5440 192.68 07 STREETS-MONTHLY CHARGES 01-410-54-00-5440 192.34 INVOICE TOTAL: 1, 522.59 * CHECK TOTAL: 1, 522. 512059 NICOR NICOR GAS 07-72-09-0117 7-0911 09/22/11 01 ADMIN-1301 CAROLYN CT 01-110-54-00-5480 29.21 INVOICE TOTAL: 29.21 * CHECK TOTAL: 29•• _1d_ DATE: 10/05/11 UNITED CITY OF YORKVILLE PAGE: TIME: 10:34:53 CHECK REGISTER PRG ID: AP215000.WOW CHECK DATE: 10/11/11 CHECK # VENDOR # INVOICE INVOICE ITEM NUMBER DATE # DESCRIPTION ACCOUNT # ITEM AMT ---------------------------------------------------------------------------------------------------------------------------------- 512060 OFFWORK OFFICE WORKS 195587 09/14/11 01 ADMIN-RECEIPT TAPES 01-110-56-00-5610 20.76 INVOICE TOTAL: 20.76 * 195675 09/16/11 01 COM/DEV-BUSINESS CARD FILE 01-220-56-00-5610 16 .82 INVOICE TOTAL: 16.82 * CHECK TOTAL: 37.! 512061 OHERROND RAY O'HERRON COMPANY, INC. 0042674-IN 09/22/11 01 POLICE-SHOES, HOLSTER, SHIRTS, 01-210-56-00-5600 1, 186 . 71 02 PANTS, GLOVES, NAMEPLATE, STAR ** COMMENT ** INVOICE TOTAL: 1, 186 .71 CHECK TOTAL: 1, 186 .7. 512062 OLSONB BART OLSON 100111 10/01/11 01 ADMIN-MOBILE EMAIL 01-110-54-00-5440 45.00 02 REIMBURSEMENT FOR SEPT. 2011 ** COMMENT ** INVOICE TOTAL: 45.00 2011ICMA 09/26/11 01 ADMIN-LODGING FOR ICMA 01-110-54-00-5415 841 .84 02 CONFERENCE IN MILWAUKEE ** COMMENT ** INVOICE TOTAL: 841.84 CHECK TOTAL: 886 .8 512063 PHILSTOP PHIL'S TOP SOIL, INC. 26455 09/10/11 01 WATER OP-DIRT 51-510-56-00-5620 60.00 INVOICE TOTAL: 60.00 CHECK TOTAL: 60.0 DATE: 10/05/11 UNITED CITY OF YORKVILLE PAGE: TIME: 10:34:53 CHECK REGISTER PRG ID: AP215000.WOW CHECK DATE: 10/11/11 CHECK # VENDOR # INVOICE INVOICE ITEM NUMBER DATE # DESCRIPTION ACCOUNT # ITEM AMT ----------------------------------------------------------------------------------- 512064 PUBSAFDI PUBLIC SAFETY DIRECT, INC 22305 09/12/11 01 POLICE-PULLED HIGHBAND RADIO 01-210-54-00-5495 95.00 02 FOR REPAIR ** COMMENT ** INVOICE TOTAL: 95.00 CHECK TOTAL: 95. 512065 R0000474 NEIL BORNEMAN 091911 09/19/11 01 ADMIN SERVICES-REFUND OF 01-640-54-00-5491 1, 531 .80 02 LIBRARY AND CITY PORTION OF ** COMMENT ** 03 TAXES PER ORDINANCE 2006-105 ** COMMENT ** INVOICE TOTAL: 1, 531 .80 CHECK TOTAL: 1, 531. 512066 R0000594 BRIAN BETZWISER 110111 10/01/11 01 PW CAPITAL-185 WOLF STREET 21-211-92-00-8050 4, 497.67 02 INTEREST PAYMENT ** COMMENT ** 03 PW CAPITAL-185 WOLF STREET 21-211-92-00-8000 2, 360.25 04 PRINCIPAL PAYMENT ** COMMENT ** INVOICE TOTAL: 6, 857.92 CHECK TOTAL: 6, 857. 512067 R0000968 OLD SECOND NATIONAL BANK 092111 09/21/11 01 ADMIN-REFUND OF SECURITY 01-000-24-00-2415 975.00 02 GUARANTEE FOR 308 RYAN DR. ** COMMENT ** INVOICE TOTAL: 975.00 CHECK TOTAL: 975', 512068 R0000969 ROBERT SWANBUM -16- DATE: 10/05/11 UNITED CITY OF YORKVILLE PAGE: TIME: 10:34:53 CHECK REGISTER PRG ID: AP215000.WOW CHECK DATE: 10/11/11 CHECK # VENDOR # INVOICE INVOICE ITEM NUMBER DATE # DESCRIPTION ACCOUNT # ITEM AMT ---------------------------------------------------------------------------------------------------------------------------------- 512068 R0000969 ROBERT SWANBUM 424631 09/12/11 01 ADMIN-OLD COUNTY JAIL WINDOWS 01-000-24-00-2428 395.00 INVOICE TOTAL: 395.00 CHECK TOTAL: 395. 512069 R0000970 LORI & PAUL JAMES 092811 09/28/11 01 ADMIN-REFUND ENGINEERING 01-000-24-00-2415 3, 000.00 02 DEPOSIT FOR 318 ILLINI DR ** COMMENT ** INVOICE TOTAL: 3, 000.00 CHECK TOTAL: 3, 000.1 512070 RIVRVIEW RIVERVIEW FORD 103725 08/15/11 01 STREETS-ROTORS, SEAL, BRAKE 01-410-54-00-5495 659.52 02 KIT ** COMMENT ** INVOICE TOTAL: 659.52 * 104176 09/26/11 01 STREETS-BRAKES & ROTOR REPAIR 01-410-54-00-5495 463.56 INVOICE TOTAL: 463.56 * CHECK TOTAL: 1, 123 .( 512071 RUSH RUSH-COPLEY MEDICAL CENTER 090611 09/06/11 01 POLICE-EMERGENCY ROOM VISIT 01-210-54-00-5462 75.00 INVOICE TOTAL: 75.00 * CHECK TOTAL: 75•C 512072 RUSITYORK RUSH-COPLEY HEALTHCARE 090911-C 09/09/11 01 COMM/DEV-PRE-EMPLOYMENT 01-220-54-00-5462 25.00 -17- DATE: 10/05/11 UNITED CITY OF YORKVILLE PAGE: TIME: 10:34:53 CHECK REGISTER PRG ID: AP215000.WOW CHECK DATE: 10/11/11 CHECK # VENDOR # INVOICE INVOICE ITEM NUMBER DATE # DESCRIPTION ACCOUNT # ITEM AMT ---------------------------------------------------------------------------------------------------------------------------------- 512072 RUSITYORK RUSH-COPLEY HEALTHCARE 090911-C 09/09/11 02 DRUG SCREENING ** COMMENT ** INVOICE TOTAL: 25.00 * 4558 09/09/11 01 POLICE-PRE-EMPLOYMENT PHYSICAL 01-210-54-00-5411 266 .00 INVOICE TOTAL: 266 .00 * CHECK TOTAL: 291 . 512073 SECGROUP SEC GROUP, INC. 14 05/02/11 01 MFT-GAME FARM ROAD - PHASE II 15-155-60-00-6073 17, 185.69 INVOICE TOTAL: 17, 185.69 * CHECK TOTAL: 17, 185 . 512074 SERVMASC SERVICEMASTER COMM. CLEANING 153651 09/15/11 01 ADMIN-MONTHLY CITY OFFICE 01-110-54-00-5488 1, 196.00 02 CLEANING ** COMMENT ** INVOICE TOTAL: 1, 196 .00 * CHECK TOTAL: 1, 196 . 512075 SHELL SHELL OIL CO. 065356230109-PD 09/12/11 01 POLICE-GASOLINE 01-210-56-00-5695 6, 170.28 INVOICE TOTAL: 6, 170.28 * CHECK TOTAL: 6, 170.: 512076 SHREDIT SHRED-IT 021436882 09/21/11 01 ADMIN-SHREDDING SERVICES 01-110-54-00-5462 90.96 INVOICE TOTAL: 90.96 CHECK TOTAL: 90.`. -18- DATE: 10/05/11 UNITED CITY OF YORKVILLE PAGE: TIME: 10:34:53 CHECK REGISTER PRG ID: AP215000.WOW CHECK DATE: 10/11/11 CHECK # VENDOR # INVOICE INVOICE ITEM NUMBER DATE # DESCRIPTION ACCOUNT # ITEM AMT 512077 SOFTWARE SOFTWARE PERFORMANCE 410605 07/29/11 01 ADMIN SERVICES-REMOTE 01-640-54-00-5462 699.00 02 MONITORING CONTRACT FOR ** COMMENT ** 03 EXCHANGE SERVER FOR ** COMMENT ** 04 08/01/2011 - 07/31/12 ** COMMENT ** INVOICE TOTAL: 699.00 * 410635 08/25/11 01 ADMIN SERVICES-CONTRACTED 01-640-54-00-5462 5, 999.00 02 SUPPORT TIME FOR 09/01/11 - ** COMMENT ** 03 08/31/2012 ** COMMENT ** INVOICE TOTAL: 5, 999.00 * 410661 09/14/11 01 POLICE-ON SITE TRAVEL TIME 01-210-54-00-5415 25.00 INVOICE TOTAL: 25.00 * 410664 09/19/11 01 ADMIN SERVICES-SERVER UPGRADE 01-640-54-00-5462 19, 229.89 INVOICE TOTAL: 19, 229.89 * 410665 09/19/11 01 ADMIN SERVICES-4 THINKCENTER 01-640-54-00-5462 1,916 .00 02 STATIONS WITH WARRANTY ** COMMENT ** INVOICE TOTAL: 1, 916.00 * 410671 09/22/11 01 ADMIN SERVICES-3 PORT SWITCHES 01-640-54-00-5462 897.00 INVOICE TOTAL: 897.00 * CHECK TOTAL: 28, 765 .8 512078 STREICH STREICHERS CM251539 09/06/11 01 POLICE-RETURNED MERCHANDISE 01-210-56-00-5600 -59.98 02 CREDIT ** COMMENT ** INVOICE TOTAL: -59.98 * I860452 08/19/11 01 POLICE-VEST WITH CARRIER 01-210-56-00-5600 610.00 INVOICE TOTAL: 610.00 * IQ DATE: 10/05/11 UNITED CITY OF YORKVILLE PAGE: TIME: 10:34:53 CHECK REGISTER PRG ID: AP215000.WOW CHECK DATE: 10/11/11 CHECK # VENDOR # INVOICE INVOICE ITEM NUMBER DATE # DESCRIPTION ACCOUNT # ITEM AMT ---------------------------------------------------------------------------------------------------------------------------------- 512078 STREICH STREICHERS I863215 08/30/11 01 POLICE-SHIRTS 01-210-56-00-5600 65.98 INVOICE TOTAL: 65.98 * I866350 09/13/11 01 POLICE-BOOTS 01-210-56-00-5600 158 .00 INVOICE TOTAL: 158.00 * I867131 09/16/11 01 POLICE-HOLSTER 01-210-56-00-5600 45.00 INVOICE TOTAL: 45.00 * CHECK TOTAL: 819 . 512079 TKBASSOC TKB ASSOCIATES, INC. 9227 09/19/11 01 ADMIN SERVICES-LASER FICHE, 01-640-54-00-5462 5, 613.00 02 SCANNERS ** COMMENT ** INVOICE TOTAL: 5, 613.00 * 9238 09/23/11 01 ADMIN SERVICES-REMOTE 01-640-54-00-5462 300.00 02 LASER FICHE INSTALLATION ** COMMENT ** INVOICE TOTAL: 300.00 * CHECK TOTAL: 5, 913 . 512080 TUFFY KRIBBS AUTOMOTIVE, INC 25086 09/15/11 01 POLICE-BATTERY 01-210-54-00-5495 133. 75 INVOICE TOTAL: 133 . 75 * 25186 09/21/11 01 POLICE-OIL CHANGE 01-210-54-00-5495 20. 76 INVOICE TOTAL: 20. 76 * 25194 09/21/11 01 POLICE-STUD AND LUG NUT, TIRE 01-210-54-00-5495 66 .28 02 BALANCING AND MOUNTING ** COMMENT ** INVOICE TOTAL: 66.28 * CHECK TOTAL: 220• -9n- DATE: 10/05/11 UNITED CITY OF YORKVILLE PAGE: TIME: 10:34:53 CHECK REGISTER PRG ID: AP215000.WOW CHECK DATE: 10/11/11 CHECK # VENDOR # INVOICE INVOICE ITEM NUMBER DATE # DESCRIPTION ACCOUNT # ITEM AMT 512081 UPS UNITED PARCEL SERVICE 00004296X2371 09/10/11 01 POLICE-1 PKG. TO STREICHERS 01-210-54-00-5452 46 . 78 INVOICE TOTAL: 46.78 * 00004296X2381 09/17/11 01 ADMIN-1 PKG. TO KFO 01-110-54-00-5452 53 .47 02 WATER OP-1 PKG. TO SPARLING 51-510-54-00-5452 22.73 03 INSTRUMENTS ** COMMENT ** INVOICE TOTAL: 76. 20 * 00004296X2391 09/24/11 01 WATER 02-1 PKG. TO ILETSB 51-510-54-00-5452 43.00 INVOICE TOTAL: 43 .00 * CHECK TOTAL: 165. 512082 VISA VISA 092611-CITY 09/29/11 01 WATER OP-REPAIR PARTS 51-510-56-00-5638 116 .37 02 ADMIN-IML CONFERENCE 01-110-54-00-5412 620.00 03 REGISTRATION FOR 3 PEOPLE ** COMMENT ** 04 ADMIN SERVICES-GOV/EDU 01-640-54-00-5462 630.00 05 SUBSCRIPTION RENEWAL ** COMMENT ** 06 ADMIN-GOV/EDU SUBSCRIPTION 01-000-14-00-1400 630.00 07 RENEWAL ** COMMENT ** 08 FINANCE-REOCCURRING WEB FEES 01-120-54-00-5462 45. 77 09 COMM/DEV-LABELS 01-220-56-00-5610 50.24 10 COMM/DEV-APA CONFERENCE 01-220-54-00-5412 300.00 11 REGISTRATION ** COMMENT ** 12 WATER OP-APWA CONFERENCE MEALS 51-510-54-00-5415 277. 79 13 AND LODGING FOR 1. PERSON ** COMMENT ** 14 WATER OP-GASOLINE; 51-510-56-00-5695 54 .00 15 COMM/DEV-INTERNATIONAL CODE 01-220-54-00-5412 180.00 16 COUNCIL CERTIFICATION ** COMMENT ** 17 WATER OP-LOCATOR REPAIR 51-510-56-00-5620 160.00 18 STREETS-MONTHLY CABLE 01-410-54-00-5462 19.99 19 WATER OP-MONTHY CABLE 51-510-54-00-5462 19.98 _91_ DATE: 10/05/11 UNITED CITY OF YORKVILLE PAGE: TIME: 10:34 :53 CHECK REGISTER PRG ID: AP215000.WOW CHECK DATE: 10/11/11 CHECK # VENDOR # INVOICE INVOICE ITEM NUMBER DATE # DESCRIPTION ACCOUNT # ITEM AMT -------------------------------------------------------------------------------------------------------------------------- 512082 VISA `VISA 092611-CITY 09/29/11 20 SEWER OP-MONTHLY CABLE 52-520-54-00-5462 19 .98 21 COMM/DEV-CODE BOOKS 01-220-56-00-5645 229.40 INVOICE TOTAL: 3, 353.52 * CHECK TOTAL: 3, 353. 512083 VISA VISA 092611-PD 09/26/11 01 POLICE-USB PRINTER ADAPTER 01-210-56-00-5635 69 .69 INVOICE TOTAL: 69.69 * CHECK TOTAL: 69. 512084 WARDC TINA C WARD 083111 09/26/11 01 FINANCE- ACCOUNTING AND 01-120-54-00-5462 1, 080.00 02 CONSULTING SERVICES FOR MAY ** COMMENT ** 03 AND JUNE ** COMMENT ** INVOICE TOTAL: 1, 080.00 * CHECK TOTAL: 1, 080. 512085 WAREHOUS WAREHOUSE DIRECT 1277901-0 09/21/11 01 ADMIN-TAPE 01-110-56-00-5610 15.29 INVOICE TOTAL: 15.29 * 1279454-0 09/26/11 01 FINANCE-TONER 01-120-56-00-5610 163 .53 INVOICE TOTAL: 163.53 * CHECK TOTAL: 178• 512086 WATERPRO RI WATERMAN PROPERTIES 101811-23 10/01/11 01 WATER OP-GRANDE RESERVE COURT 51-510 75-00-7502 22, 988.77 -22- DATE: 10/05/11 UNITED CITY OF YORKVILLE PAGE: TIME: 10:34:53 CHECK REGISTER PRG ID: AP215000.WOW CHECK DATE: 10/11/11 CHECK # VENDOR # INVOICE INVOICE ITEM NUMBER DATE # DESCRIPTION ACCOUNT # ITEM AMT ---------------------------------------------------------------------------------------------------------------------------------- 512086 WATERPRO RI WATERMAN PROPERTIES 101811-23 10/01/11 02 ORDERED PAYMENT #23 ** COMMENT ** INVOICE TOTAL: 22, 988. 77 CHECK TOTAL: 22, 988. 512087 WIREWIZ WIRE WIZARD OF ILLINOIS, INC 12214 09/07/11 01 WATER OP-REPLACED WATER 51-510-56-00-5638 300.00 02 DAMAGED CONTROL PANEL CIRCUIT ** COMMENT ** 03 BOARD ** COMMENT ** INVOICE TOTAL: 300.00 CHECK TOTAL: 300. 512088 WOLFCOMP WOLF & COMPANY 94495 09/23/11 01 FINANCE-FOURTH PROGRESS 01-120-54-00-5414 11, 000.00 02 BILLING FOR AUDIT FOR 04/30/11 ** COMMENT ** INVOICE TOTAL: 11, 000.00 CHECK TOTAL: 11, 000. 512089 YORKCLER YORKVILLE CLERK'S ACCOUNT 148519 09/26/11 01 COMM/DEV-MEMORANDUM OF 01-220-54-00-5466 101.00 02 UNDERSTANDING, ORDINANCE ** COMMENT ** 03 SAFE ROUTE TO SCHOOL EASEMENTS 23-230-60-00-6092 155.00 INVOICE TOTAL: 256 .00 CHECK TOTAL: 256 .( 512090 YORKSELF YORKVILLE SELF STORAGE, INC 092311-45 09/23/11 01 POLICE-STORAGE 01-210-54-00-5485 75.00 INVOICE TOTAL: 75.00 CHECK TOTAL: 75.( DATE: 10/05/11 UNITED CITY OF YORKVILLE PAGE: TIME: 10:34:53 CHECK REGISTER PRG ID: AP215000.WOW CHECK DATE: 10/11/11 CHECK # VENDOR # INVOICE INVOICE ITEM NUMBER DATE # DESCRIPTION ACCOUNT # ITEM AMT ------------------------------------------------------------------------------------------------------- 512091 YOUNGM MARLYS J. YOUNG 090111 09/29/11 01 ADMIN-SEPT. 1 PSC MEETING 01-110-54-00-5462 56 .63 02 MINUTES ** COMMENT ** INVOICE TOTAL: 56 .63 * 090611 09/28/11 01 ADMIN-SEPT. 6 MEETING MINUTES 01-110-54-00-5462 85.00 INVOICE TOTAL: 85.00 * CHECK TOTAL: 141 . TOTAL AMOUNT PAID: 193, 364. _7d_ UNITED CITY OF YORKVILLE PAYROLL SUMMARY 9/24/2011 REGULAR OVERTIME TOTAL IMRF FICA TOTALS ADMINISTRATION $ 9,049.75 $ - $ 9,049.75 $ 860.64 $ 656.27 $ 10,566.66 FINANCE 6,406.14 - 6,406.14 609.23 487.09 7,502.46 POLICE 69,333.57 2,258.62 71,592.19 429.84 5,351.16 77,373.19 COMMUNITY DEV. 7,864.80 - 7,864.80 660.45 594.01 9,119.26 STREETS 10,637.98 - 10,637.98 1,011.67 806.85 12,456.50 WATER 11,168.55 418.42 11,586.97 1,101.93 873.02 13,561.92 SEWER 7,129.15 - 7,129.15 677.97 536.56 8,343.68 PARKS 14,649.03 - 14,649.03 1,393.11 1,114.93 17,157.07 RECREATION 9,597.03 - 9,597.03 830.92 716.67 11,144.62 REC. CENTER 8,253.88 - 8,253.88 346.51 631.49 9,231.88 LIBRARY 17,002.27 - 17,002.27 889.50 1,300.68 19,192.45 TOTALS $ 171,092.15 $ 2,677.04 $ 173,769.19 $ 8,811.77 $ 13,068.73 $ 195,649.69 TOTAL PAYROLL $ 195,649.69 _7F_ UNITED CITY OF YORKVILLE CITY COUNCIL Tuesday, October 11 , 2011 PAYROLL DATE BI-WEEKLY 9/24/2011 $195,649.69 ACCOUNTS PAYABLE BILLS LIST 10/11/2011 $193,364.57 TOTAL DISBURSEMENTS $389,014,26 _,r_ S'O'D C/ry Reviewed By: Agenda Item Number J Legal ❑ CA#2 EST �, 1836 Finance El 11 Engineer ❑ Tracking Number (�\ — F1 City Administrator Public Works E]K o ® EDC 2011-39 4. E El Agenda Item Summary Memo Title: Amendment to Intergovernmental Agreement between City and BKFD Meeting and Date: City Council/ October 11, 2011 Synopsis: Council Action Previously Taken: Date of Action: Action Taken: Item Number: Type of Vote Required: Council Action Requested: Submitted by: Krysti Barksdale-Noble, AICP Community Development Name Department Agenda Item Notes: fD C'r�- Memorandum 0 To: Economic Development Committee 4-finr + EST. From: Krysti J. Barksdale-Noble, Community Development Director 1 X836 guy CC: Bart Olson, City Administrator Jeremy Canavan,Fire Marshal BKFD Date: September 30, 2011 Subject: Amendment to the BKFD & COY Intergovernmental Agreement Background &Request: In March 2010, the City of Yorkville and the Bristol Kendall Fire Department (BKFD) entered into an intergovernmental agreement which authorized BUD to provide plan review and inspection services within Yorkville to ensure compliance with the City's adopted fire code standards (refer to attached Ord. 2010-12). Included within that agreement was a fee schedule which set forth the types and rates BKFD could charge for its services. Since that time, the City Council updated its fire code standards by adopting the 2009 edition of the International Fire Code(IFC),with amendments, in July 2011. The approved amendments to the 2009 IFC included provisions for the Bristol Kendall Fire Department to issue "Operational Pen-nits" and collect "False Alarm Fees". Therefore, Staff is seeking to amend the fee schedule of the current intergovernmental agreement to reflect the recently adopted IFC regulations. Proposed Amendments: Operational Permits: In Section 105.6 of the adopted 2009 IFC, the Fire Code Official is authorized to issue the following operational permits: a. Amusement buildings. An operational permit is required to operate a special amusement building. b. Cutting and welding. An operational permit is required to conduct cutting or welding operations within the Jurisdiction. c. Open flames and candles.An operational permit is required to use open flames or candles in connection with assembly areas,dining areas of restaurants or drinking establishments. d. Places of assembly.An operational pen-nit is required to operate a place of assembly. e. Laboratory/research facility. An operational permit is required to operate any laboratory or research facility which conducts testing or experimentation. f. Child Care (home occupation). An operational pen-nit is required to operate a child care facility as a"home occupation"for 6 or more children that are cared for at any one time. The operational permit shall not include provisions for pennanent residence or overnight accommodations. All local and state laws shall be adhered to in conjunction with the registration and licensing requirements of the Department of Children and Family Services (DCFS). The purpose of an "operational permit" is two-fold. First, it establishes specific regulations applicable to the operation occurring within a structure; and secondly, it allows the fire department to keep a record of locations with potential increased incident of fire or where special care during a fire call is needed. This goes beyond the standard building permit, as it pertains to the specific activity occurring within the structure and not just the use of the structure. 1 The proposed fee for an operational permit shall be $25.00 per permit and all fees collected will be paid to BKFD in accordance with paragraph 3 of the provisions in the intergovernmental agreement. All operational permits will be kept on file with the Fire Code Official. False Alarm Fees: The adopted 2009 IFC also provided a mechanism for the fire department to collect fees for repeated false alarm from fire protection systems which are intentional or due to negligence and not associated with an actual emergency or natural disaster. The graduated schedule of fees for verified false alarms is as follows: 1. No fee shall be assessed for the first three (3) false fire alarms at the same premises responded to by the Bristol Kendall Fire Protection District within the same calendar year. 2. The third(3`d) false alann within the same calendar year: a warning letter will be issued. 3. The fourth (01) false alarm within the same calendar year: a fee of$300.00 is assessed. 4. The fifth(5"') false alarm within the same calendar year: a fee of$350.00 is assessed. 5. The sixth (0'') or greater fire alarm within the same calendar year: a fee of $400.00 is assessed. The false alann fees will double after the sixth within the same calendar year (example: seventh false alarm within the same calendar year $800.00, eighth false alarm within the same calendar year$1,600.00, etc...) 6. If the false alarm is given intentionally, then an additional fee of$500.00 shall be added to the fees listed above. Staff Recommendation: Staff is supportive of the proposed amendment to "Exhibit A - Bristol Kendall Fire Protection District Fee Schedule" of the intergovernmental agreement, as it is consistent with the recently adopted building code update. For your convenience, in addition to the current intergovernmental agreement, attached are copies of the recently adopted building code update (Ord. 2011-32) and the proposed amended fee schedule which incorporates the above new fees. Should the EDC be favorable of the proposed amendment, the request and draft ordinance amendment will be presented to the City Council for final vote at an upcoming meeting. 2 Ordinance No. 201 0-X AN ORDINANCE OF THE UNITED CITY OF YORKVILLE,KENDALL COUNTY,ILLINOIS, APPROVING AN INTERGOVERNMENTAL AGREEMENT BETWEEN THE UNITED CITY OF YORKVILLE AND THE BRISTOL-KENDALL FIRE PROTECTION DISTRICT WHEREAS, the United City of Yorkville, Kendall County, Illinois (the "City"), is a duly created, organized, and validly existing municipality of the State of Illinois under the 1970 Illinois Constitution and the laws of the State of Illinois, including particularly the Illinois Municipal Code, as from time to time amended (the "Municipal Code") (65 ILCS 5/65-1-1-2, et. seq.); and, WHEREAS, the Bristol-Kendall Fire Protection District (the "District") and the City are "public agencies" within the meaning of the Illinois Intergovernmental Cooperation Act (5 ILCS 220/1, et seq.); and, WHEREAS, the District and the City are "units of local government" within the context of Section 10, Article VII, of the Illinois Constitution of 1970; and, WHEREAS, the District and the City are authorized to contract with each other to obtain or share services, or exercise, combine, or transfer any power or function in any manner not prohibited by law or by ordinance; and, WHEREAS, the City desires to have the District undertake inspection services to ensure compliance with fire code standards. NOW, THEREFORE, BE IT ORDAINED, by the Mayor and City Council of the United City of Yorkville, Kendall County, Illinois, as follows: Section 1. The Corporate Authorities of the United City of Yorkville hereby find as facts all of the recitals in the preamble of this Ordinance, as well as the preambles contained in the Intergovernmental Agreement. Section 2. That the Intergovernmental Agreement between the United City of Yorkville and the Bristol-Kendall Fire Protection District, a copy of which is attached hereto and incorporated herein, is hereby approved. Section 3. That the Mayor and City Clerk are hereby given the authority to execute and deliver said Intergovernmental Agreement. Section 4. That the officials, officers, and employees of the City are hereby authorized to take such farther actions as are necessary to carry out the intent and purpose of this Ordinance and Agreement. 1 Section S. This Ordinance shall be in full force and effect upon passage, approval, and publication as provided by law. Passed by the City Council of the United City of Yorkville,Kendall County, Illinois this Oe" day of N�p.�.o , A.D. 2010. CA7 CLERK ROBYN SUTCLIFF DIANE TEELING —" ARDEN JOE PLOCHER� WALLY WERDERICH GARY GOLINSKI `-' MARTY MUNNS ROSE SPEARS GEORGE GILSON, JR. Approved by me, as Mayor of the United City of Yorkville,Kendall County, Illinois, this day of M-ARC4 , A.D. 2010. /in b4xt:'-�QB L'tj MAYOR 2 INTERGOVERNMENTAL AGREEMENT FOR FIRE PREVENTION CODE ENFORCEMENT THIS AGREEMENT made and entered into as of M jq n c h j ) 2010, by and between the United City of Yorkville, an Illinois municipal corporation (the "City") and the Bristol-Kendall Fire Protection District, a body corporate and politic (the "District"). WITNESSETH: WHEREAS, Article VII, Section 10 of the Illinois Constitution of 1970 authorizes units of local government to obtain or share services and to exercise, combine or transfer any power or function, in any manner not prohibited by law or ordinances; and, WHEREAS, the Intergovernmental Cooperation Act, 5 ILCS 220/3, provides that any power or powers, privileges, functions, or authority exercised or which may be exercised by a public agency may be exercised, combined, transferred and enjoyed jointly with any other public agency of the State except where specifically and expressly prohibited by law; and, WHEREAS, the City has approached the District to undertake inspection services to ensure compliance with fire code standards; and WHEREAS, the City has adopted a Fire Prevention Code in order to permit the District to apply its standards within the boundaries of the City as hereinafter set forth; and, WHEREAS, the District employs personnel who are able to perform the inspection services necessary to enforce the Fire Prevention Code and review services to ensure compliance with said Fire Prevention Code; and, WHEREAS, the City desires to have the District perform such inspection services as are necessary for the proper enforcement of the Fire Prevention Code as hereinafter provided and to provide review services; and, 1 WHEREAS, the City has previously instituted an administrative adjudication process for the enforcement of local ordinances and codes; and, WHEREAS, the District and City desire to work together to ensure compliance with fire codes and building codes that are parallel to national standards. NOW, THEREFORE, in consideration of the foregoing recitals and of the covenants and conditions hereinafter contained, the adequacy and sufficiency of which the parties hereto hereby acknowledged, the parties hereto mutually agree as follows: 1. The District shall conduct such inspections as the District deems necessary to enforce the provisions of the City's Fire Prevention Code, and any and all amendments or revisions thereto, within the common boundaries of the District and the City. The District shall report the results of these inspections to the City in writing. 2. The District shall, upon the request of the City, perform plan review services in addition to such inspection services and provide all equipment that may be necessary for provisions of review services and the performance of such inspections and the proper enforcement of the City's Fire Prevention Code, within the common boundaries of the District and the City. 3. It is expressly agreed by the Parties hereto that the inspection and review services provided for in this Agreement shall be made at no cost to the City; however, any fees collected by the District in connection with its inspection and/or review services from property owners shall benefit the District. A copy of the inspection and review services fee schedule as attached hereto as Exhibit A to this Agreement. 4. The City shall make available to the District all available plans, specifications, and such other data and information in the possession of the City as may be necessary for 2 the performance of the District's inspection services or review services under this Agreement. 5. The Fire District shall make available to the City all available written reports, reviews, and such other data and information in the possession of the Fire District leading to the performance of the City's inspection services or review services. 6. The City shall be responsible for the prosecution of any and all citations of the Fire Prevention Code and Building Code (as applicable). The District agrees to provide assistance and testimony when necessary in any court cases prosecuted by the City. The Parties agree to split the revenues of any fines collected through the City's administrative adjudication process; 75% City portion and 25% District portion. 7. The City shall make reasonable arrangements with the District to assist the District in the performance of the plan review and inspection services provided herein. The number of inspections required at any time, the inspection assignments and the shifts to be worked shall be determined by the District. 8. Either party may terminate this Agreement at any time effective at the end of any calendar month, provided, however, that the party desiring to terminate this Agreement shall give sixty (60) days prior written notice to the other party specifying the end of the month on which the termination is to be effective. 9. This Agreement shall be effective upon the last date of execution of the Agreement by the final party hereto. 10. The District agrees to hold harmless, indemnify and defend the City from any and all claims, demands, liabilities and suits in law or in equity that may arise from or out of the District's performance under this Agreement. The City agrees to hold harmless, 3 indemnify and defend the District from any and all claims, demands, liabilities and suits in law or in equity that may arise from or out of the City's performance under this Agreement. 11. This Agreement shall be binding upon and inure to the benefit of any successor governmental legal entity that may assume and perform the duties of either party hereto. Notwithstanding the foregoing, this Agreement shall not be assigned by either party hereto without the prior written consent of the other party to this Agreement. 12. The invalidity of any provisions of this Agreement shall not impair the validity of any other provisions. If any provision of this Agreement is determined by a court of competent jurisdiction to be unenforceable, that provision shall be deemed severed from this Agreement or as otherwise modified by the court. 13. This Agreement sets forth the entire understanding of the parties, and may only be amended,modified or terminated by a written instrument signed by the parties. 14. This Agreement shall be interpreted and construed in accordance with the laws of the State of Illinois. 15. All notices hereunder shall be in writing and must be served either personally or by registered or certified mail to: a. the City: United City of Yorkville 800 Game Farm Road Yorkville, Illinois 60560 Attention: City Administrator b. the District: Bristol-Kendall Fire Protection District 103 East Beaver Street Yorkville, Illinois 60560 Attention: Fire Chief 4 c. To such other person or place which either party hereto by its prior written notice shall designate for notice to it from the other party hereto. 16. This Agreement is executed in multiple counterparts, each of which shall be deemed to be and shall constitute one and the same instrument. IN WITNESS WHEREOF, the parties hereto have caused this Intergovernmental Agreement to be executed by their duly authorized officers on the above date at Yorkville, Illinois. United City of Yorkville, an Illinois municipal corporation By: Mayor Attest: Bristol-Kendall Fire Protection District By: ZeL President Attest: 4 Secretary 5 "EXHIBIT A" Bristol Kendall Fire Protection District Fee Schedule 1. Reviews by outside agency/consultant: To the extent that the District needs to utilize the services of an outside agency/consultant, the applicant shall pay all fees charged by the outside agency/consultant, and shall pay the District an additional administrative fee equal to 15% of the outside agency/consultant fee. 2. Fire Alarm Systems Review Fee: Any applicant for a building or structure having (or required to have) a fire alarm system shall pay to the District the following fee, in addition to the other fees set forth herein, for performing fire alarm system plan reviews and inspections: a. A fee of$250.00 shall be paid for the plan approval and necessary inspection of a fire alarm system. This includes 1 re-review and 2 acceptance tests. b. A fee of 50% of the fire alarm review shall be paid for each additional set of revised fire alarm drawings. c. A fee of$100.00 shall be paid for the review of a fire alarm system in occupancies where the fire alarm system requires changes due to alterations or a change of occupant. This includes 1 inspection. 3. Fire Sprinkler Systems Review Fees: Any applicant for a building or structure having (or required to have) a fire sprinkler system shall pay to the district the following fees,in addition to the other fees set forth herein, for performing fire sprinkler system plan reviews and inspections: a. A fee of$300.00 shall be paid for the plan approval and necessary inspection of a fire sprinkler system. This includes 1 re-review and 3 acceptance tests. b. A fee of 50% of the sprinkler review fee shall be paid for each additional set of revised sprinkler drawings. c. A fee of$50.00 shall be paid for witnessing of the underground flushing for the sprinkler system. d. A fee of$100.00 shall be paid for the review of a sprinkler system in occupancies where the sprinkler system requires changes due to alterations or a change of occupant. This includes 1 inspection. 6 4. Standpipe System Review Fee: Any applicant for a building or structure having (or required to have) a standpipe system shall pay to the District the following fees, in addition to the other fees set for herein, for performing standpipe system plan review and inspections: a. A fee of$100.00 shall be paid for the plan approval and inspection of a standpipe system. This includes 1 re-review and 1 inspection. b. A fee of$50.00 shall be paid for each additional standpipe riser. This includes 1 re- review and 1 inspection. c. A fee of 50% of the standpipe review fee shall be paid for each additional set of revised standpipe drawings. d. A fee of$100.00 shall be paid for the review of a standpipe system in occupancies where the standpipe system requires changes due to alterations or a change of occupant. This includes 1 inspection. 5. Fire Pump Review Fee: Any applicant for a building or structure having(or required to have) a fire pump shall pay to the District the following fees, in addition to the other fees set forth herein, for performing fire pump plan review and inspections: a. A fee of$100.00 shall be paid for the plan approval and inspection of afire pump. This includes 1 re-review and 1 inspection. b. A fee of 50% of the standpipe review fee shall be paid for each additional set of revised fire pump drawings. 6. Alternate Extinguishing System Review Fee: Any applicant for a building or structure having (or required to have) an alternate extinguishing system shall pay to the District the following fees, in addition to other fees set forth herein, for performing alternate extinguishing system plan review and inspections: a. A fee of$200.00 shall be paid for the plan approval and inspection of a foam, dry chemical, or other alternate extinguishing system. This includes 1 re-review and 1 inspection. b. A fee of$150.00 shall be paid for the plan approval and inspection of a carbon dioxide extinguishing system up to 35 pounds and $2.00 for each additional pound over 35 pounds. This includes 1 re-review and 1 inspection. c. A fee of 50% of the alternate extinguishing system review fee shall be paid for each additional set of revised alternate extinguishing drawings. 7 d. A fee of$100.00 shall be paid for the review of sprinkler system in occupancies where the sprinkler system requires changes due to alterations or a change of occupant. This includes 1 inspection. e. A fee of$35.00 shall be paid to witness the test if occupant does not keep inspection tag current. 7. Site Plan Review Fee: A site plan is defined as a document that describes how a parcel of land is to be improved. It includes the outlines of all structures and site improvements, such as driveways,parking lots, landscaping and utility connections. Any applicant shall pay to the District the following fees, in addition to the other fees set forth herein, for performing site plan review: a. A fee of$50.00 per hour with a minimum of 1 hour. Includes 1 re-review. b. A fee of 50% of the site plan review fee shall be paid for each additional set of revised site plan drawings. 8 Ordinance No. 2011--AR AN ORDINANCE OF THE UNITED CITY OF YORKVILLE,KENDALL COUNTY, ILLINOIS, ADOPTING BY REFERENCE CERTAIN BUILDING, MECHANICAL, PLUMBING, ENERGY CONSERVATION, FIRE, FUEL GAS, PROPERTY MAINTENANCE, RESIDENTIAL AND EXISTING BUILDING CODES REGULATING AND GOVERNING THE CONSTRUCTION, CONDITIONS AND MAINTENANCE OF ALL PROPERTY, BUILDINGS AND STRUCTURES IN THE CITY WHEREAS, the United City of Yorkville (the "City") is a duly organized and validly existing non home-rule municipality created in accordance with the Constitution of the State of Illinois of 1970 and the laws of the State; and, WHEREAS, pursuant to Section 5/1-3-2 of the Illinois Municipal Code (65 ILCS 5/1-3-2) the City may adopt by reference compilations of rules and regulations for the construction, alteration and maintenance of all property,buildings and structures in the City; and WHEREAS, three copies of the each code to be adopted were filed in the office of the City Clerk and kept available for public use, inspection and examination for a period of 30 days before the adoption of this ordinance; and WHEREAS, the City pursuant to Section 55 of the Illinois Building Commission Act (20 ILCS 3918/55) has given notice of the intended adoption of these codes to the Division of Building Codes and Regulations of the Capital Development Board more than 30 days before the adoption of this ordinance. NOW, THEREFORE, BE IT ORDAINED by the City Council of the United City of Yorkville, Kendall County, Illinois, as follows: Section I. That Title 8, Chapter 2, Section 8-2-1 of the Yorkville City Code, as amended, be and is hereby amended to read as follows: 8-2-1 BUILDING CODE A. Adopted. The regulations of the 2009 Edition of the International Building Code, as recommended and published by the International Code Council, Inc., published in pamphlet form, are adopted as the regulations governing the constructions, alteration, movement, enlargement, replacement, repair, equipment, use and occupancy, location, maintenance, removal and demolition of every building or structure or any appurtenances connected or attached to such buildings or structures with such amendments as are hereafter set forth in this Section. B. Building Code Amendments. 1. Section 101.1 shall be amended to insert the name of jurisdiction — "United City of Yorkville" 2. Section 105.2 work exempt from permit shall be amended to read, in part, as follows: Building: I. One-story detached accessory structures used as tool and storage sheds, playhouses and similar uses, provided the floor area does not exceed 100 square feet (9.29 m2). 2. Decorative, temporary, or similar type fences not over 4 feet (1829 mm) high. 3. Section 1612.3 Establishment of flood hazard areas, shall be amended by inserting "Kendall County" as the name of jurisdiction and to insert the Flood Insurance Rate Map effective date of"February 4, 2009." 4. Section 2901.1 Scope, shall be amended to read as follows: The provisions of this chapter, the Illinois State Plumbing Code and the International Plumbing Code shall govern the erection, installation, alteration, repairs, relocation, replacement, addition to, use or maintenance of plumbing equipment and systems. Plumbing systems and equipment shall be constructed, installed and maintained in accordance with the International Plumbing Code and the Illinois State Plumbing Code. 5. Section 3002.4 Elevator car, is amended to read as follows: Where elevators are provided in buildings two or more stories above, or two or more stories below grade plane, at least one elevator shall be provided for fire department emergency access to all floors. The elevator car shall be of such a size and arrangement to accommodate an ambulance stretcher 24 inches by 84 inches (610 mm by 2134 mm) with not less than 5-inch (127 mm) radius corners, in the horizontal, open position and shall be identified by the international symbol for emergency medical services (star of life). The symbol shall not be less than 3 inches (76 mm) high and shall be placed inside on both sides of the hoist way door frame. The inside hand rail shall be set at the maximum thirty six (36") inch height allowed under ADA standards to better accommodate the ambulance stretcher. The cab size is to be a minimum five (5') foot by seven (7') foot platform and minimum 2500 lb capacity with a 42" side slide door. Exception: Single-family homes. Section 2. That Title 8, Chapter 2, Section 8-2-3 of the Yorkville City Code, as amended,be and is hereby amended to read as follows: 8-2-3 MECHANICAL CODE A. Adopted. The regulations of the 2009 edition of the International Mechanical Code, as recommended and published by the International Code Council, Inc., published in pamphlet form, are adopted as the regulations governing the design, construction, quality of materials, erection, installation, alteration, repair, locations, relocation, replacement, additions to, use or maintenance of mechanical systems in the City with such amendments as are hereafter set forth in this Section. B. Mechanical Code amendments. (1) The following subsection shall be added to Section 901: 901.5 Any penetration of the firebox area made by a gas pipe shall be sealed by mortar caulk or other method approved by the Building Code Official. 2 (2) Appendix A. Combustion Air Openings and Chimney Connector Pass-Through shall be adopted, Section 3. That Title 8, Chapter 2, Section 8-2-4 of the Yorkville City Code, as amended, be and is hereby amended to read as follows: 8-2-4 PLUMBING CODE and ILLINOIS PLUMBING CODE A. Adopted (1) The regulations of the 2009 edition of the International Plumbing Code, as recommended and published by the International Code Council, Inc., published in pamphlet form, are adopted as the regulations governing the design and installation of plumbing systems in the City with such amendments as are hereinafter set forth in this Section. (2) The Illinois Plumbing Code, as amended, published by the Illinois Department of Public Health, is adopted and incorporated by reference as the rules and regulations for the installation, repair and alteration of plumbing, private water supply systems, private storms drainage systems and private sewage disposal systems. (3) The Illinois Plumbing Code shall impose the minimum standards applicable but when the International Plumbing Code imposes a more restrictive standard than that standard shall apply. B. International Plumbing Code Amendments 1. Subsection 305.6.1 Frost protection depths, shall be amended to read as follows: 305.6.1 Water service piping shall be installed below the recorded frost penetration but not less than five and one-half(5.5) feet below grade. In climates with freezing temperatures, plumbing piping in exterior building walls or areas subject to freezing temperatures shall be protected against freezing by insulation or heat or both. Water service piping shall be installed not less than five and one-half(5.5) feet below grade to top of pipe. 305.6.2 Sewer depth: Building sewers that connect to public or private sewage disposal systems shall be a minimum of forty-two (42) inches below finished grade. Measurement shall be taken from top of pipe. 2. Table 403.1 shall be deleted and replaced as follows: Minimum Number of Plumbing Fixtures shall be as prescribed in Section 890 Appendix A of the current Illinois Plumbing Code. 3. Section 403.2 shall be deleted in its entirety and replaced as follows: Separate facilities. Where plumbing fixtures are required, separate facilities shall be provided for each sex. Exceptions: 1. Separate facilities shall not be required for dwelling units and sleeping units, 2. Separate facilities shall not be required in structures or tenant spaces with a total occupant load, including both employees and customers, of 15 or less. 3. Separate facilities shall not be required in mercantile occupancies in which the maximum occupant load is 50 or less. 3 4. Subsection 603.1 shall be amended to read as follows: Size of water service pipe: The water service pipe shall be sized to supply water to the structure in the quantities and at the pressure required in this Code. For any new water service, the minimum diameter of water service pipe shall be one (1.0) inch or in accordance with Title 7, Chapter 5: Water Use and Service of the City Code. 5. Section 603.2 shall be amended as follows: Separation of water service and building sewer: Water service pipe and the building shall be separated by 10 feet of undisturbed or compacted earth. Section 603.2 Exceptions, shall be deleted in its entirety. 6. Subsection 603.2.1 shall be amended to read as follows: Water service near sources of pollution: Potable water service pipes shall not be located in, under, or above cesspools, septic tanks, septic tank drainage fields, seepage pits, or gasoline storage tanks. Refer to requirements of Section 605.1 regarding soil and groundwater conditions. Where the water service pipe must cross the sewer, the bottom of the water service, within ten (10) feet of the point of crossing, shall be at least eighteen (18) inches above the top of the sewer. Water service pipe shall be at least ten (10) feet away from all gasoline storage tanks or piping. 7. The following tables shall be deleted in their entirety and shall be replaced with "All Approved Standards and Materials for water service pipe shall be as prescribed in Section 890 Appendix A of the current Illinois Plumbing Code": Table 605.3 Water Service Pipe Table 605.4 Water Distribution Pipe Table 605.5 Pipe Fittings Table 702.1 Above-ground Drainage and Vent Pipe Table 702.2 Underground Building Drainage and Vent Pipe Table 702.3 Building Sewer Pipe Table 702.4 Pipe Fittings Table 1102.4 Building Storm Sewer Pipe Table 1102.5 Subsoil Drain Pipe Table 1102.7 Pipe Fittings 8. The following subsection shall be added to Section 1113: 1113.1.5 Required sump pit discharge piping: All sump pump discharges shall be in conformance with one of the following: 1) Discharge to the public storm sewer may occur at any time in conformance with the United City of Yorkville's Standard Specifications for Improvements, or 2) Discharge to grade, when not prohibited above, may be permitted provided that the sump pumps do not discharge directly onto any street, sidewalk, bike path, or in any manner that will cause icing, flooding or a nuisance. 1113.2 Sump pit required: Crawl spaces under buildings used for human habitation shall be provided with a sump pit in accordance with Section 1113. When both a basement and 4 crawl space are provided under a building used for human habitation, only the basement must be provided with a sump pit. When a basement exists without a sump pit and a crawl space is being constructed immediately adjacent thereto, the crawl space shall not require a sump pit. Section 4. That Title 8, Chapter 2, Section 8-2-5 of the Yorkville City Code, as amended, be and is hereby amended to read as follows: 8-2-5 ILLINOIS ENERGY CONSERVATION CODE The Illinois Energy Conservation Code, as amended and published by the Capital Development Board pursuant to the Capital Development Board Act (20 ILCS 3105/10.09-5) in Title 71, Chapter 1, Subchapter d, Part 600 of the Illinois Administrative Code is adopted as the City's Energy Conservation Code to regulate energy efficient buildings standards for new construction, addition, alteration, renovation or repair. The City's Energy Conservation Code shall include the 2009 Edition of the International Energy Conservation Code, as recommended and published by the International Code Council, Inc., and the American Society of Heating, Refrigeration and Air-conditioning Engineers (ASHRAE) Standard 90.1. Section 5. That Title 8, Chapter 2, Section 8-2-6 of the Yorkville City Code, as amended, be and is hereby amended to read as follows: 8-2-6 FIRE CODE A. Adopted. The regulations of the 2009 Edition of the International Fire Code, as recommended and published by the International Code Council, Inc., published in pamphlet form, are adopted as the regulations governing the safeguarding of life and property from fire and explosion hazards arising from the storage, handling and use of hazardous substances, materials and devices, and from conditions hazardous to life or property in the occupancy of buildings and premises in the City with such amendments as hereafter set forth in this Section. B. Fire Code Amendments 1. Section 101.1 Title, shall be amended to insert the name of jurisdiction — "United City of Yorkville" 2. Section 103.1 General, shall be amended to read as follows: In accordance with the provisions set forth in the current inter-governmental agreement with the Bristol-Kendall Fire Protection District, the department of fire prevention is established within the jurisdiction under the direction of the Fire Code Official. The function of the department shall be the implementation, administration and enforcement of the provisions of this Code. 3. Section 103.2 Appointment, shall be amended to read as follows: The Fire Marshal of the Bristol-Kendall Fire Protection District shall be the Fire Code Official as appointed by the Fire Chief. The Fire Chief shall appoint personnel of the Bristol-Kendall Fire Protection District to assist in enforcing this Code. Such appointments shall include, but not be limited to a Fire Marshal, and as many inspectors, investigators, and public safety educators as may be needed. For the purposes of this Code, the Fire Marshal is the same as the Fire Code Official. 5 4. Section 104.8 Modifications, shall be amended to include the following: A signed copy of the Fire Chief's decision shall be kept in the permit file and furnished to the permit applicant. 5. Section 105.1.1 Permits Required, shall be amended to read as follows: Permits required by this Code shall be obtained from the Fire Code Official. Permit and plan review fees, if any, shall be paid in accordance with the current inter-governmental agreement prior to issuance of the permit. Permits shall be kept on the premises designated therein at all times and shall be readily available for inspection by the Fire Code Official. 6. Section 105.4.1 Submittals, shall be amended to read as follows: Construction documents and supporting data shall be sealed with a"NICET III" or higher certification and submitted for review and approval by the Fire Code Official. A minimum of two sets of plans and specifications shall be included in the submittal along with two copies of an approved electronic file. Upon approval by the Fire Code Official, one set of approved plans and specifications shall be provided to the United City of Yorkville Community Development Department. 7. Section 105.6 Required operational permits, shall be amended to read as follows: The Fire Code Official is authorized to issue operational permits for the operations set forth in sections 105.6.1 through 105.6.46. Any fees associated with the issuance of an operational permit shall be paid in accordance with the approved fee schedule in the current inter-governmental agreement with the Bristol-Kendall Fire Protection District. All operational permits shall be kept on file with the Fire Code Official. 8. Section 105.6.2 Amusement buildings, shall be deleted in its entirety and replaced with the following: Amusement buildings. An operational permit it is required to operate a special amusement building. 9. Section 105.6.11 Cutting and welding, shall be deleted in its entirety and replace with the following: Cutting and welding. An operational permit is required to conduct cutting or welding operations within the Jurisdiction. 10. Section 105.6.30 Open burning, shall be amended to read as follows: All open burning shall comply with Section 4-1-1 of this Code providing for the regulation of open burning. 11. Section 105.6.32 Open flames and candles, shall be deleted in its entirety and replaced with the following: Open flames and candles. An operational permit is required to use open flames or candles in connection with assembly areas, dining areas of restaurants or drinking establishments. 12. Section 105.6.34 Places of assembly, shall be deleted in its entirety and replaced with the following: 6 Places of assembly. An operational permit is required to operate a place of assembly. 13. Section 105.6.47 Laboratory/research facility, shall be added as follows: An operational permit is required to operate any laboratory or research facility which conducts testing or experimentation. 14. Section 105.6.48 Child Care (home occupation), shall be added as follows: An operational permit is required to operate a child care facility as a "home occupation" for 6 or more children that are cared for at any one time. The operational permit shall not include provisions for permanent residence or overnight accommodations. All local and state laws shall be adhered to in conjunction with the registration and licensing requirements of the Department of Children and Family Services (DCFS). 15. Section 109.3 Violations, shall be amended to read as follows: Persons who violate a provision of this Code or fail to comply with any of the requirements thereof or who erects, installs, alters, repairs, or performs work in violation of the approved construction documents or directive of the Fire Code Official, or of a permit or certificate used under provisions of this Code, shall be subject to a penalty according to this Code. The maximum fine shall not exceed seven hundred and fifty dollars ($750) per offense, unless stated. Each day that a violation continues after due notice shall be deemed a separate offense. 16. Section 109.3.2 False Alarm, shall be added to read as follows: An alarm signal given needlessly, which indicates the existence of any emergency situation; when in fact, no such emergency exists, shall constitute a false alarm and shall be subject to penalty as prescribed in the schedule of fees set forth in the current inter- governmental agreement. A false alarm shall include any alarm signal generated by any fire protection system by whatever means,but shall not include alarms resulting from any of the following causes: 1. A fire causing structural damage to the protected premises - verified by the fire district. 2. A tornado or hurricane winds causing structural damage to the protected premises — verified by the fire district. 3. Flooding to the protected premises due to overflow of natural drainage — verified by the fire district. 4. Telephone line malfunction verified to the fire district by an authorized telephone company supervisor within seven days of the occurrence. 5. Electrical service interruption verified to the fire district by the local power company within seven days of the occurrence. 6. Plumbing or electrical malfunctions unrelated to the fire protection system — verified by the fire district. 17. Section 109.3.3 False Alarm, schedule of fees, shall be added as follows: Fees assessed for the improper use of a fire alarm system shall be subject to the schedule of fees in accordance with the current inter-governmental agreement with the Bristol- Kendall Fire Protection District. These fees shall be collected by the Bristol-Kendall Fire Protection District and reported to the United City of Yorkville. As new fees are created 7 or old fees are changed, the schedule of fees associated with the inter-governmental agreement shall be reviewed and approved by the United City of Yorkville. 18. Section 111.4 Failure to comply, shall be amended to read as follows: Any person, who continues to work after having been served with a "stop work order," except such work as that person is directed to perform to remove a violation or unsafe condition, shall be subject to a penalty as prescribed by this Code. Each and every day a person continues to work shall constitute a separate offense and shall be subject to fines not to exceed seven hundred and fifty($750) dollars per offense. 19. Section 113.2 Schedule of permit fees, shall be amended to read as follows: A fee for each permit shall be paid (as required) in accordance with the fee schedule as established by the applicable governing authority and the current inter-governmental agreement with the Bristol-Kendall Fire Protection District. As new fees are created or old fees are changed, the schedule of fees associated with the inter-governmental agreement shall be reviewed and approved by the United City of Yorkville. 20. Section 202 General Definitions, shall be amended to include the following definition: Fire Alarm User — the owner of the property from which the false alarm originates, including but not limited to, any individual, partnership, corporation, organization or other entity occupying the property with the permission of the owner. 21. Section 505.3 Lightweight construction, shall be added to read as follows: Buildings erected using lightweight construction systems to include: Wooden I-beams, wood trusses, metal trusses, or any combination thereof, shall provide signage identifying the structural system used on the exterior of the building as approved by the Fire Marshal. 22. Section 505.3.1 Emblem required, shall be added to read as follows: An all-weather emblem identifying lightweight truss construction shall be provided, located and designed as follows: (a) Emblem shall be provided by the property owner. (b) Emblem shall be located within 6" inches of the fire department key box or fire department connection or at the discretion of the Fire Marshal. (c) The truss emblem shall be a sign consisting of an isosceles triangle not less than 10 inches by 6 inches vertical made of reflective material with a white background and red lettering containing the following: type of construction (type I, Il, III, IV, V), the letter(s) "F" to signify a building or structure having a floor with truss construction; "R"to signify a building or structure having a roof with truss construction: or"FR"to signify a building or structure having both floor and roof with truss construction. Exception: Single family homes. 23. Section 507.5.1.1 Hydrant spacing, shall be added to read: A fire hydrant shall not be more than 100 feet travel distance from the fire department connection that it serves, unless approved by the Fire Chief. 24. Section 507.5.7 Hydrant Marking, shall be added to read as follows: On all private parking areas of multiple-family residential, commercial and industrial uses, a "No Parking...Fire Hydrant" sign shall be placed in a conspicuous location to identify the restricted parking area. In addition to the required sign, the curb or pavement 8 (only when a curb is not present) directly in front of the fire hydrant, shall be painted Yellow with an approved material. The designated area shall be 15 feet (7.5 feet on each side of the fire hydrant) in total length. 25. Section 901.6.2 Records, shall be amended to read as follows: The most recent records of all system inspections, tests, and maintenance required shall be maintained on premises and a copy shall be forward to the Fire Prevention Bureau via e-mail,mail, or fax within 14 days after completion of inspection. 26. Section 903.7 Commercial multi-tenant occupancies, shall be amended to add the following: All sprinklered multi-tenant occupancies hereafter constructed shall have an isolation control valve and water flow switch installed for each tenant space. 27. Section 907.1.2 Fire alarm shop drawings shall be amended to add the following: (a) All fire alarm systems shall be of the addressable type. (b) All multi-tenant occupancies shall be provided with a weather proof amber strobe light at the entrance of the tenant space that activate upon an alarm condition in that tenant space. 27. Section 903.2.1.1 Group A-1, shall be amended to add the following: An automatic sprinkler system shall be provided for Group A-1 occupancies when the fire area exceeds 5,000 square feet. 28. Section 903.2.1.2 Group A-2, shall be amended to add the following: An automatic sprinkler system shall be provided for Group A-2 occupancies when the fire area exceeds 5,000 square feet. 29. Section 903.2.1.3 Group A-3, shall be amended to add the following: An automatic sprinkler system shall be provided for Group A-3 occupancies when the fire area exceeds 5,000 square feet. 30. Section 903.2.1.4 Group A-4, shall be amended to add the following: An automatic sprinkler system shall be provided for Group A-4 occupancies when the fire area exceeds 5,000 square feet. 31. Section 903.2.2 Group B ambulatory health care facilities, shall be amended to read as follows: Section 903.2.2 Group B. An automatic sprinkler system shall be provided throughout all Group B occupancies when the fire area exceeds 5,000 square feet. An automatic sprinkler system shall be provided for all "Group B ambulatory health care facilities." 32. Section 903.2.3 Group E, shall be amended to add the following: An automatic sprinkler system shall be provided throughout all Group E occupancies when the fire area exceeds 5,000 square feet. 33. Section 903.2.7 Group M, shall be amended to add the following: An automatic sprinkler system shall be provided throughout all Group M occupancies when the fire area exceeds 10,000 square feet or the fire area is located more than three stories above the grade plane. 34. Section 903.2.8 Group R, shall be amended to add the following: 9 An automatic sprinkler system shall be required throughout Groups R-1, R-2, and R-4 occupancies. An automatic sprinkler system shall be required throughout Group R-3 occupancies, with the following exceptions: 1. Adult care facilities that provide accommodations for five or fewer persons of any age for less than 24 hours. 2. Child care facilities that provide accommodations for five or fewer persons of any age for less than 24 hours. 3. Single-family detached homes shall be required to follow Section R313 of the 2009 International Residential Code (IRC), as amended. 35. Section 903.3.5 Water Supplies, shall be amended to read as follows: Water supplies for automatic sprinkler systems shall comply with this section and the standards referenced in Section 903.3.1. The potable water supply shall be protected against backflow in accordance with the requirements of this section and the Illinois Plumbing Code. 36. Section 905.3.1 Height, shall be amended to read as follows: An approved standpipe system shall be installed in all buildings three (3) stories or more in height in each stairwell at each level. Standpipe systems shall be installed in all buildings where any portion of the building floor area is more than 200 feet travel distance from the nearest point of the fire department vehicle access. 37. Section 907.1.3 Equipment, shall be amended to add the following: 1. Location of the annunciator panel shall be approved by the Fire Code Official. 2. An annunciator panel or the main fire panel shall be placed near the fire sprinkler main riser. 3. A red strobe light shall be installed by the annunciator panel or above the closest entrance to the fire alarm control panel as approved by the Fire Code Official 4. The annunciator panel shall indicate and have all of the functions of the fire alarm panel. 5. The annunciator shall be properly marked to show each zone. 6. A detailed floor plan illustrating each zone shall be provided on each fire alarm control panel and located adjacent to each annunciator panel. 38. Section 907.2.1 Group A, shall be amended to read, in part, as follows: A manual fire alarm system that activates the occupant notification system in accordance with Section 907.5 shall be installed in Group A occupancies having an occupant load of 100 or more. Portions of Group E occupancies occupied for assembly purposes shall be provided with a fire alarm system as required for the Group E occupancy. 39. Section 907.2.2 Group B, shall be amended to read, in part, as follows: A manual fire alarm system shall be installed in Group B occupancies where one of the following conditions exists: 1. The combined Group B occupant load of all floors is 250 or more, or 10 2. The Group B occupant load is more than 100 persons above or below the lowest level of exit discharge, or 3. The Group B fire area contains a Group B ambulatory health care facility. 40. Section 907.2.4 Group F, shall be amended to read, in part, as follows: A manual fire alarm system that activates the occupant notification system in accordance with Section 907.5 shall be installed in Group F occupancies where both of the following conditions exist: 1. The Group F occupancy is two or more stories in height; and 2. The Group F occupancy has a combined occupant load of 250 or more above or below the lowest level of exit discharge. 41. Section 907.2.5 Group H, shall be amended to read as follows: A complete fire alarm system shall be installed in all group H occupancies. Any listed special detection devices approved for the specific hazard shall be approved by the Fire Marshal, such detection devices shall be connected to the fire alarm. 42. Section 907.2.7 Group M, shall be amended to read as follows: A manual fire alarm system that activates the occupant notification system in accordance with Section 907.5 shall be installed in Group M occupancies where one of the following conditions exists: 1. The combined Group M occupant load of all floors is 250 or more persons. 2. The Group M occupant load is more than 100 persons above or below the lowest level of exit discharge. 43. Section 907.2.11.5 Group S, a new section shall be added to read as follows: A complete fire alarm system shall be installed in all Group S occupancies or as otherwise approved by the Fire Marshal. 44. Section 912.5 Backflow Protection, shall be amended to read as follows: The potable water supply to automatic sprinkler and standpipe systems shall be protected against backflow as required by the Illinois Plumbing Code. 45. Section 912.1 Installation, shall be amended to read as follows: Fire department connections shall be installed in accordance with the NFPA standard applicable to the system design and shall comply with Sections 912.2 through 912.6. The fire department connection shall be an approved five inch (5") connection with a thirty (30) degree down turn. A white strobe light shall be placed above the fire department connection and the white strobe light shall indicate on water flow only. A two and one- half inch (2 %") NST single fire department connection shall be acceptable where piped to a three inch (3") or smaller riser. 46. Section 3301.1.6 Storage of Fire and Explosive Hazards, shall be added as follows: The storage of fire and explosive hazards such as: detonable materials, hazardous solids, liquids, and gases shall comply with the Performance Standards established in the City's Zoning Ordinance, as amended from time to time. 11 47. Appendix D — Figure D103.1 Dead-End Fire Apparatus Access Road Turnaround, shall be amended to read as follows: 96' Diameter Cul-de-sac as illustrated shall be amended to a minimum of 130 ft. ROW diameter and 100 ft. pavement diameter,per the City's Subdivision Control Ordinance. Section 6. That Title 8, Chapter 2, Section 8-2-7 of the Yorkville City Code, as amended, be and is hereby amended to read as follows: 8-2-7 FUEL GAS CODE A. Adopted. The regulations of the 2009 Edition of the International Building Code, as recommended and published by the International Code Council, Inc., published in pamphlet form, are adopted as the regulations governing fuel gas systems and gas- fired appliances in the City with such amendments as are hereafter set forth in this Section. B. Fuel Gas Code Amendments (1) Section 502.6 shall be amended by adding the following: B Vent Support shall be provided at a minimum of every five (5) feet with no screw penetrations unless specifically permitted by the vent manufacturer. Section 7. That Title 8, Chapter 2, Section 8-2-8 of the Yorkville City Code, as amended, be and is hereby amended to read as follows: 8-2-8 RESIDENTIAL CODE A. Adopted. The regulations of the 2009 Edition of the International Residential Code, as recommended and published by the International Code Council, Inc.,published in pamphlet form, are adopted as the regulations governing the construction, alteration, movement, enlargement, replacement, repair, equipment, location, removal and demolition of detached one-and two-family dwellings and multiple single-family dwellings not more than three stories in height with separate means of egress in the City with such amendments as are hereafter set forth in this Section. B. Residential Code Amendments 1. Section R101.1 Title, shall be amended to insert the name of jurisdiction — "United City of Yorkville". 2. Section R105.2 Work exempt from permit, shall be amended to read as follows: Building: Delete items 1, 5, and 10 as these items shall require permitting. 3. Table R301.2(1) Climatic and Geographic Design Criteria, shall be completed with the following insertions. GroundSnow Load.................................................................................................. 25 lbs/sq.ft. WindDesign (Speed)..................................................................................................... 90 mph 12 Wind Design (Topographic effects).................... Seismic Design Category.................................. .................................................................. NO ............................................. B Subject to Damage from (Weathering)................................................... ............. ........ Severe Subject to Damage from (Frost line depth)................. 42"below grade .................................. ... Subject to Damage from (Termite)............................................................... Moderate to Heavy . Winter Design Temperature............................... ............................... .................................... -5 degrees F Ice Barrier Underlayment Required.................................................................................... YES Flood Hazards................................................................................... Refer to local designations Air Freezing Index........................................... MeanAnnual ........................................................... .... 2000 Temperature.................................................................. .... 48 degrees F 4. Section R302.5.1 Opening protection, shall be amended to add self-closing devices for all required fire rated doors. 5. Section R310.4 Bars, grilles, covers and screens, shall be amended to require safety covers capable of supporting at least 250 pounds of load. 6. Section R313.1 Townhouse automatic fire sprinkler systems, shall be amended to read as follows: Section R313.1 Townhouse and duplex automatic fire sprinkler systems. An automatic residential fire sprinkler system shall be installed in townhouses and duplexes. 7. Section R313.2 One- and two-family dwellings automatic fire system, shall apply only to newly constructed one and two-family dwellings that are more than 3,500 square feet in area. 8. Chapter 11 Energy Efficiency. Shall be amended to read as follows: Compliance shall be determined by the current IECC adopted in 8-2-5. 9. Section P2501.1 Scope, shall be amended adding the following: All plumbing work shall conform to the current edition of the State of Illinois Plumbing Code, the provisions of this Residential Code, and the currently amended edition of the International Plumbing Code; whichever is more restrictive. 10. Appendices to be included with the adoption of this Residential Code shall include: Appendix A, B, C, E, F, G, H, J, M, O 11. Section R105.2 Work Exempt from permit, shall be amended to read as follows: Building: 1. One-story detached accessory structures used as tool and storage sheds, playhouses and similar uses, provided the floor area does not exceed 100 square feet (9.29 m). 2. Decorative, temporary, or similar type fences not over 4 feet (1829 mm) high. 3. Retaining walls that are not over 4 feet (1219 mm) in height measured from the bottom of the footing to the top of the wall, unless supporting a surcharge. 4. Water tanks supported directly upon grade if the capacity does not exceed 5,000 gallons (18,927L) and the ratio of height to diameter or width does not exceed 2 to 1. 5. Painting, papering, tiling, carpeting, cabinets, counter tops, and similar finish work. 13 6. Prefabricated swimming pools that are less than 24 inches (610 mm) deep. 7. Swings and other playground equipment, 8. Window awnings supported by an exterior wall which do not project more than 54 inches (13 72 mm) from the exterior wall and do not require additional support. 12. Section R202, Definitions, shall be amended to add the following definition: Fence. A permanent enclosure or barrier, such as wooden posts, wire, iron, or any other allowable material erected for the purpose of providing a boundary or as a means of protection, or to prevent uncontrolled access, or for privacy screening or confinement, or for decorative purposes (such as an ornamental gate). Materials used to contain or separate a garden area, an earthen stockpile, a storm water basin, or any other similar temporary use shall not be classified as a fence. Section 8. That Title 8, Chapter 2, Section 8-2-9 of the Yorkville City Code, as amended, be and is hereby amended to read as follows: 8-2-9 PROPERTY MAINTENANCE CODE A. Adopted. The regulations of the 2009 Edition of the International Property Maintenance Code, as recommended and published by the International Code Council, Inc., published in pamphlet form, are adopted as the regulations governing the conditions and maintenance of all property, buildings and structures; by providing the standards for supplied utilities and facilities and other physical things and conditions essential to ensure that structures are safe, sanitary and fit for occupation and use; and the condemnation of buildings and structures unfit for human occupancy and use, and the demolition of such existing structures in the City with such amendments as are hereafter set forth in this Section. B. Property Maintenance Code Amendments (1) The following subsections shall be added to Section 302.2 Grading and Drainage: 302.2.1 Individual Earthen Stockpiles. Stockpiles of earthen materials in excess of two (2) feet above grade located on a single vacant lot that causes a nuisance, with the exception of City approved landscaped berms, shall be flattened and maintained per City Ordinance. 302.2.2 Developer Community Earthen Stockpiles. Upon substantial completion of mass grading, stockpiles of earthen material in excess of ten (10) feet above grade located on a vacant lot will require a six (6) foot temporary galvanized chain link fence. (2) Section 302.4 Weeds, shall be amended to add the language as follows: Exception: City approved native prairie planting areas are exempt from the maximum height requirement. (3)Section 602.2 Residential Occupancies, shall be amended to delete the following exception, Exception: In areas where the average monthly temperature is above 30°F (-I DC), a minimum temperature of 65°F (18°C) shall be maintained. Section 9. That Title 8, Chapter 2, Section 8-2-10, of the Yorkville City Code, as amended, be and is hereby added to read as follows: 14 8-2-10 EXISTING BUILDING CODE A. Adopted. The regulations of the 2009 Edition of the International Existing Building Code, as recommended and published by the International Code Council, Inc., published in pamphlet form, are adopted as the regulations governing the repair, alteration, change of occupancy, addition and relocation of existing buildings, including historic buildings, in the City with such amendments as are hereafter set forth in this Section. B. Existing Building Code Amendments (Reserved) Section 11. That Title 8, Chapter 1, Section 8-1-3A, of the Yorkville City Code, as amended,be and is hereby amended to read as follows: 8-1-3A. No person shall commence construction work pursuant to a City permit more than six (6) months after issuance of that building permit, or fail to complete the work authorized under that permit and obtain final approval from the City inspector within twelve (12) months after issuance of that permit or the date of extension. Section 12. This Ordinance shall be in full force and effect upon its passage, approval, and publication as provided by law. Passed by the City Council of the United City of Yorkville, Kendall County, Illinois this a(p day of j U Ly , A.D. 2011. CITY CLERK ROSE ANN SPEARS Y1 DIANE TEELING GEORGE GILSON JR. _ JACKIE MILSCHEWSKI T CARLO COLOSIMO V— MARTY MUNNS CHRIS FUNKHOUSER LARRY KOT Ap oved by me, as Mayor of the United City of Yorkville, Kendall County, Illinois, this day of 2011. r MA 15 Ordinance No. 2011- AN ORDINANCE OF THE UNITED CITY OF YORKVILLE, KENDALL COUNTY, ILLINOIS,APPROVING AN AMENDMENT TO THE INTERGOVERNMENTAL AGREEMENT WITH THE BRISTOL-KENDALL FIRE PROTECTION DISTRICT WHEREAS, the United City of Yorkville (the "City") is a duly organized and validly existing non home-rule municipality created in accordance with the Constitution of the State of Illinois of 1970 and the laws of the State; and, WHEREAS, pursuant to Ordinance 2010-12 adopted March 9, 2010, the City entered into an Intergovernmental Agreement For Fire Prevention Code Enforcement (the "Agreement") with the Bristol-Kendal Fire Protection District (the "District"); and, WHEREAS, the City and District desire to amend the Agreement to include an amended Exhibit A to the Agreement to include Operational Permit Fees and False Alarm Fees. NOW, THEREFORE, BE IT ORDAINED by the City Council of the United City of Yorkville, Kendall County, Illinois, as follows: Section 1. That the amended Intergovernmental Agreement For Fire Prevention Code Enforcement with the revised Exhibit A, attached hereto and made a part hereof by reference, is hereby approved, and Gary J. Golinski, Mayor, and Beth Warren, City Clerk, be and are hereby authorized to execute said amended Agreement with the revised Exhibit A on behalf of the United City of Yorkville. Section 2. This Ordinance shall be in full force and effect upon its passage, approval, and publication as provided by law. Passed by the City Council of the United City of Yorkville, Kendall County, Illinois this day of , A.D. 2011. CITY CLERK 1 ROSE ANN SPEARS DIANE TEELING GEORGE GILSON JR. JACKIE MILSCHEWSKI CARLO COLOSIMO MARTY MUNNS CHRIS FUNKHOUSER LARRY KOT Approved by me, as Mayor of the United City of Yorkville, Kendall County, Illinois, this day of 2011. MAYOR 2 "EXHIBIT A" Bristol Kendall Fire Protection District Fee Schedule 1. Reviews by outside agency/consultant: To the extent that the District needs to utilize the services of an outside agency/consultant, the applicant shall pay all fees charged by the outside agency/consultant, and shall pay the District an additional administrative fee equal to 15% of the outside agency/consultant fee. 2. Fire Alarm Systems Review Fee: Any applicant for a building or structure having (or required to have) a fire alarm system shall pay to the District the following fee, in addition to the other fees set forth herein, for performing fire alarm system plan reviews and inspections: a. A fee of$250.00 shall be paid for the plan approval and necessary inspection of a fire alarm system. This includes one (1) re-review and two (2) acceptance tests. b. A fee of 50% of the fire alarm review shall be paid for each additional set of revised fire alarm drawings. c. A fee of$100.00 shall be paid for the review of a fire alarm system in occupancies where the fire alarm system requires changes due to alterations or a change of occupant. This includes one (1) inspection. 3. Fire Sprinkler Systems Review Fees: Any applicant for a building or structure having (or required to have) a fire sprinkler system shall pay to the district the following fees, in addition to the other fees set forth herein, for performing fire sprinkler system plan reviews and inspections: a. A fee of$300.00 shall be paid for the plan approval and necessary inspection of a fire sprinkler system. This includes one (1) re-review and three (3) acceptance tests. b. A fee of 50% of the sprinkler review fee shall be paid for each additional set of revised sprinkler drawings. 3 c. A fee of$50.00 shall be paid for witnessing of the underground flushing for the sprinkler system. d. A fee of$1 00.00 shall be paid for the review of a sprinkler system in occupancies where the sprinkler system requires changes due to alterations or a change of occupant. This includes one (1) inspection. 4. Standpipe System Review Fee: Any applicant for a building or structure having (or required to have) a standpipe system shall pay to the District the following fees, in addition to the other fees set for herein, for performing standpipe system plan review and inspections: a. A fee of$1 00.00 shall be paid for the plan approval and inspection of a standpipe system. This includes one (1) re-review and one (1) inspection. b. A fee of$50.00 shall be paid for each additional standpipe riser. This includes one (1) re-review and one (1) inspection. c. A fee of 50% of the standpipe review fee shall be paid for each additional set of revised standpipe drawings. d. A fee of$100.00 shall be paid for the review of a standpipe system in occupancies where the standpipe system requires changes due to alterations or a change of occupant. This includes one (1) inspection, 5. Fire Pump Review Fee: Any applicant for a building or structure having (or required to have) a fire pump shall pay to the District the following fees, in addition to the other fees set forth herein, for performing fire pump plan review and inspections: a. A fee of$100.00 shall be paid for the plan approval and inspection of a fire pump. This includes one (1) re-review and one (1) inspection. b. A fee of 50% of the standpipe review fee shall be paid for each additional set of revised fire pump drawings. 4 6. Alternate Extinguishing System Review Fee: Any applicant for a building or structure having (or required to have) an alternate extinguishing system shall pay to the District the following fees, in addition to other fees set forth herein, for performing alternate extinguishing system plan review and inspections: a. A fee of$200.00 shall be paid for the plan approval and inspection of a foam, dry chemical, or other alternate extinguishing system. This includes one (1) re-review and one (1) inspection. b. A fee of$150.00 shall be paid for the plan approval and inspection of a carbon dioxide extinguishing system up to 35 pounds and $2.00 for each additional pound over 35 pounds. This includes one (1) re-review and one (1) inspection. c. A fee of 50% of the alternate extinguishing system review fee shall be paid for each additional set of revised alternate extinguishing drawings. d. A fee of$100.00 shall be paid for the review of sprinkler system in occupancies where the sprinkler system requires changes due to alterations or a change of occupant. This includes one (1) inspection. e. A fee of$35.00 shall be paid to witness the test if occupant does not keep inspection tag current. 7. Site Plan Review Fee: A site plan is defined as a document that describes how a parcel of land is to be improved. It includes the outlines of all structures and site improvements, such as driveways, parking lots, landscaping and utility connections. Any applicant shall pay to the District the following fees, in addition to the other fees set forth herein, for performing site plan review: a. A fee of$50.00 per hour with a minimum of one (1) hour. Includes one (1) re-review. b. A fee of 50% of the site plan review fee shall be paid for each additional set of revised site plan drawings. 5 8. Operational Permit Fee: The Fire Code Official is authorized to issue operational permits for the operations set forth in sections 105.6.1 through 105.6.46 of the Fire Prevention Code. All operational permits shall be kept on file with the Fire Code Official. A fee of$25.00 shall be paid for the issuance of any of the following operational permits: a. Amusement buildings. An operational permit is required to operate a special amusement building. b. Cutting and welding. An operational permit is required to conduct cutting or welding operations within the Jurisdiction. c. Open flames and candles. An operational permit is required to use open flames or candles in connection with assembly areas, dining areas of restaurants or drinking establishments. d. Places of assembly. An operational permit is required to operate a place of assembly. e. Laboratory/research facility. An operational permit is required to operate any laboratory or research facility which conducts testing or experimentation. f. Child Care (home occupation). An operational permit is required to operate a child care facility as a"home occupation" for 6 or more children that are cared for at any one time. The operational permit shall not include provisions for permanent residence or overnight accommodations. All local and state laws shall be adhered to in conjunction with the registration and licensing requirements of the Department of Children and Family Services (DCFS). 9. False Alarms. An alarm signal given needlessly, which indicates the existence of any emergency situation; when in fact, no such emergency exists, shall constitute a false alarm and shall be subject to penalty as prescribed in the schedule of fees set forth in the current inter-governmental agreement. These fees shall be collected by the Bristol-Kendall Fire Protection District and reported to the United City of Yorkville. a. A false alarm shall include any alarm signal generated by any fire protection system by whatever means, but shall not include alarms resulting from any of the following causes: 1. A fire causing structural damage to the protected premises - verified by the fire district. 6 2. A tornado or hurricane winds causing structural damage to the protected premises—verified by the fire district. 3. Flooding to the protected premises due to overflow of natural drainage—verified by the fire district. 4. Telephone line malfunction verified to the fire district by an authorized telephone company supervisor within seven days of the occurrence. 5. Electrical service interruption verified to the fire district by the local power company within seven days of the occurrence. 6. Plumbing or electrical malfunctions unrelated to the fire protection system—verified by the fire district. b. Fire Alarm User. A Fire Alarm User is defined as the owner of the property from which the false alarm originates, including but not limited to, any individual, partnership, corporation, organization or other entity occupying the property with the permission of the owner. c. False Alarm Charges. A Fire Alarm User shall have a fee applied for each fire alarm if such false alarm is: 1. Given intentionally or negligently. 2. Due to or caused by improper installation, design or use or due to lack of required maintenance. 3. Resulting from any test, repair, alteration or addition to the fire protection system without prior notification thereof to the Bristol Kendall Fire Protection District. d. False Alarm Fees. The schedule of fees for false fire alarms shall be as follows: 1. No fee shall be assessed for the first three (3) false fire alarms at the same premises responded to by the Bristol Kendall Fire Protection District within the same calendar year. 2. The third (3`a) false alarm within the same calendar year: a warning letter will be issued. 3. The fourth (4`) false alarm within the same calendar year: a fee of$300.00 is assessed. 4. The fifth (5t') false alarm within the same calendar year: a fee of$350.00 is assessed. 5. The sixth (6t') or greater fire alarm within the same calendar year: a fee of $400.00 is assessed. The false alarm fees will double after the sixth within the same calendar year (example: seventh false alarm within the same calendar year $800.00, eighth false alarm within the same calendar year $1,600.00, etc...) 7 6. If the false alarm is given intentionally, then an additional fee of$500.00 shall be added to the fees listed above. e. Out-of-Service Alarm. If a fire alarm system gives two (2) or more false fire alarms within a twelve (12) hour period, the Bristol Kendall Fire Protection District reserves the right to place the fire alarm system out-of-service and require a"fire watch" at its discretion. 8 Ordinance No. 2011- AN ORDINANCE OF THE UNITED CITY OF YORKVILLE, KENDALL COUNTY, ILLINOIS, AMENDING THE FIRE CODE PROVIDING FOR OPERATIONAL PERMITS AND FALSE ALARM FEES WHEREAS, the United City of Yorkville (the "City") is a duly organized and validly existing non home-rule municipality created in accordance with the Constitution of the State of Illinois of 1970 and the laws of the State; and, WHEREAS, pursuant to Ordinance No. 2011-32, adopted July 26, 2011, the City adopted its Fire Code; and WHEREAS, the City desires to amended the Fire Code by adding operational permit and fees and regulations and fees for false fire alarms; and WHEREAS, the City and the Bristol Kendall Fire Protection District have entered into an Intergovernmental Agreement that will control the application and fees for operational permits and false fire alarms. NOW, THEREFORE, BE IT ORDAINED by the City Council of the United City of Yorkville, Kendall County, Illinois, as follows: Section 1. That Title 8, Chapter 2, Section 8-2-6B.7 of the Yorkville City Code, as amended, be and is hereby amended to read as follows: "7. Section 105.6 Required operation permits shall be amended to read as follows: Operational Permit Fee: The Fire Code Official is authorized to issue operational permits for the operations set forth in sections 105.6.1 through 105.6.46 of the Fire Prevention Code. All operational permits shall be kept on file with the Fire Code Official. A fee of$25.00 shall be paid for the issuance of an operational permit." Section 2. That Title 8, Chapter 2, Section 8-2-613.17 of the Yorkville City Code, as amended, be and is hereby amended to read as follows: "17. Section 109.3.3 False alarm charges, false alarm fees and out-of-service alarm shall be added as follows: a. False Alarm Charges. A Fire Alarm User shall have a fee applied for each fire alarm if such false alarm is: (1) Given intentionally or negligently. 1 (2) Due to or caused by improper installation, design or use or due to lack of required maintenance. (3) Resulting from any test, repair, alteration or addition to the fire protection system without prior notification thereof to the Bristol Kendall Fire Protection District. b. False Alarm Fees. The schedule of fees for false fire alarms shall be as follows: (1) No fee shall be assessed for the first three (3) false fire alarms at the same premises responded to by the Bristol Kendall Fire Protection District within the same calendar year. (2) The third (3rd) false alarm within the same calendar year: a warning letter will be issued. (3) The fourth (4"') false alarm within the same calendar year: a fee of$300.00 is assessed. (4) The fifth (5d) false alarm within the same calendar year: a fee of$350.00 is assessed. (5) The sixth (6th) or greater fire alarm within the same calendar year: a fee of $400.00 is assessed. The false alarm fees will double after the sixth within the same calendar year (example: seventh false alarm within the same calendar year $800.00, eighth false alarm within the same calendar year$1,600.00) (6) If the false alarm is given intentionally, then an additional fee of$500.00 shall be added to the fees listed above. c. Out-of-Service Alarm. If a fire alarm system gives two (2) or more false fire alarms within a twelve (12) hour period, the Fire Code Official may place the fire alarm system out-of-service and require a fire watch." Section 3. This Ordinance shall be in full force and effect upon its passage, approval, and publication as provided by law. Passed by the City Council of the United City of Yorkville, Kendall County, Illinois this day of , A.D. 2011. CITY CLERK 2 ROSE ANN SPEARS DIANE TEELING GEORGE GILSON JR. JACKIE MILSCHEWSKI CARLO COLOSIMO MARTY MUNNS CHRIS FUNKHOUSER LARRY KOT Approved by me, as Mayor of the United City of Yorkville, Kendall County, Illinois, this day of 2011. MAYOR 3 Reviewed By: Agenda Item Number d J� �"- 0 Legal El CA#3 EST. ' _ 1836 Finance ❑ Engineer ❑ Tracking Number O co City Administrator ❑ +` x t? Consultant ❑ PS 2011-30 kE ,`ti. Chief of Police Agenda Item Summary Memo Title: Request to Dispose of Vehicles Meeting and Date: City Council/ October 11, 2011 Synopsis: Police Department requesting to dispose inoperable department and seized vehicles. Council Action Previously Taken: Date of Action: Action Taken: Item Number: Type of Vote Required: Council Action Requested: Submitted by: Chief Richard Hart Police Name Department Agenda Item Notes: a y Yorkville Police Department Memorandum a 804 Game Farm Road K Yorkville, Illinois 60560 i Telephone: 630-553-4340 L `° Fax: 630-553-1141 w� YE Date: September 29, 2011 To: Chief Richard Hart#101 From: DC Larry Hilt#103 Reference: Request to Dispose Vehicles Chief, The following is a request to dispose/sell vehicles. These vehicles are either department vehicles that are no longer operable, or seized vehicles that cannot be used as department vehicles. # Description Last 4 of VIN Comments M12 1999 Ford Expecition 0930 Multiple issues/high mileage M22 2007 Ford Crown Vic 2141 Transmission problems/high mileage M23 2007 Ford Crown Vic 2142 Multiple issues/high mileage M26 2000 Chevy Pickup 2387 Former Article 36/No longer used by staff M27 2001 Ford Focus 3709 Former Article 36/Inoperable M28 1997 Cadillac DeVille 8741 Former Article 36/Inoperable Art 36 1995 Honda Accord LX 8082 Junk vehicle / Cannot be used by department Art 36 2000 Ford Taurus SE 8574 Junk vehicle / Cannot be used by department Art 36 2001 Saturn L200 0772 Junk vehicle / Cannot be used by department Art 36 1997 Ford Thunderbird 1578 Junk vehicle /Cannot be used by department Art 36 1997 Dodge Intrepid 0543 Junk vehicle / Cannot be used by department Art 36 1984 Ford Bronco 0310 Junk vehicle/ Cannot be used by department Art 36 2002 Lincoln LS 5308 Junk vehicle/Cannot be used by department Respectfully submitted, P- C - X ?4W DC Larry Hilt#103 `A, 0 C/,*.y Reviewed By: Agenda Item Number p � Legal ❑ CA#4 EST. `� 1836 Finance El Engineer ❑ Tracking Number City Administrator ■ °°m tea' s Consultant ❑ K PS 2011-31 asai Comity 1-1I E `ya,® ❑ Agenda Item Summary Memo Title: Request for Fireworks Display Permit Meeting and Date: City Council 10/11/11 Synopsis: Request for Fireworks Display Permit. Council Action Previously Taken: Date of Action: Action Taken: Item Number: Type of Vote Required: Council Action Requested: Submitted by: Bart Olson Administration Name Department Agenda Item Notes: The city received a request for a fireworks display permit. Per section 5-3-11 of the city code, "pursuant to a resolution, the Mayor and City Council may issue a permit for the discharge of such fireworks and for pyrotechnical displays". 5 1-r1 - T7TDV1 Tnnv 0. A. Definitions: CONSUMER FIREWORKS: Those fireworks that must comply with the construction, chemical composition, and labeling regulations of the U.S. consumer products safety commission, as set forth in 16 CFR parts 1500 and 1507, and classified as fireworks UN0336 or UN0337 by the United States department of transportation under 49 CFR 172.101. "Consumer fireworks" shall not include snake or glowworm pellets; smoke devices; trick noisemakers known as "party poppers", "booby traps", "snappers", "trick matches", "cigarette loads", and "auto burglar alarms"; sparklers, toy pistols, toy canes, toy guns, or other devices in which paper or plastic caps containing twenty-five hundredths (25/,00) grain or less of explosive compound are used, provided they are so constructed that the hand cannot come in contact with the cap when in place for the explosion; and toy pistol paper or plastic caps that contain less than twenty hundredths (20/100) grain of explosive mixture. DISPLAY FIREWORKS: 1.3G or special effects fireworks or as further defined in the pyrotechnic distributor and operator licensing act3. 1.3G FIREWORKS: Those fireworks used for professional outdoor displays and classified as fireworks UN0333, UN0334, or UN0335 by the United States department of transportation under 49 CFR 172.101. B. Fireworks Prohibited: It shall be unlawful for any person to sell,keep, expose for sale, loan or give away any 1.3G fireworks, consumer fireworks, or display fireworks, anywhere in the city. C. Possession Of Fireworks: It shall be unlawful for any person to possess or to discharge anywhere in the city any 1.3G fireworks, consumer fireworks, or display fireworks; provided, however, that pursuant to a resolution the mayor and city council may issue a permit for the discharge of such fireworks and for pyrotechnical displays. D. Permitted Fireworks: The sale and use of snake or glowworm pellets; smoke devices; trick noisemakers known as "party poppers", "booby traps", "snappers", "trick matches", "cigarette loads", and "auto burglar alarms"; sparklers, toy pistols, toy canes, toy guns, or other devices in which paper or plastic caps containing twenty-five hundredths (25/,00) grain or less of explosive compound are used, provided they are so constructed that the hand cannot come in contact with the cap when in place for the explosion; and toy pistol paper or plastic caps that contain less than twenty hundredths (20/100) grain of explosive mixture, shall be permitted at all times. (Ord. 2009- 19, 4-14-2009) Resolution No. 2011- RESOLUTION AUTHORIZING A FIREWORKS DISPLAY Whereas, the Section 5-3-11C of the United City of Yorkville Municipal Code of Ordinances requires that any person or entity wishing to display fireworks must first be issued a permit by the Mayor and City Council prior to said display, and; Whereas, the Yorkville High School has requested that a permit be issued for a fireworks display on Friday, October, 14, 2011 in celebration of their Homecoming festivities. NOW, THEREFORE, BE IT RESOLVED, by the Mayor and City Council of the United City of Yorkville, Kendall County, Illinois, as follows: Section 1. That Yorkville High School is authorized to hold a fireworks display on the evening of Friday, October 14, 2011, near the Yorkville High School football field. Section 2. It shall be the responsibility of Yorkville High School to ensure the safety of spectators and surrounding property during the fireworks display. Section 3. This Resolution shall be in full force and effect upon its passage and approval as provided by law. Passed by the City Council of the United City of Yorkville, Kendall County, Illinois this day of , A.D. 2011. CITY CLERK ROSE ANN SPEARS DIANE TEELING GEORGE GILSON JR. JACKIE MILSCHEWSKI CARLO COLOSIMO MARTY MUNNS CHRIS FUNKHOUSER LARRY KOT Approved by me, as Mayor of the United City of Yorkville, Kendall County, Illinois, this day of 2011. MAYOR Reviewed By: Agenda Item Number a, O = '0 Legal ❑ Minutes #1 XO OA EST. Z. 1636 Finance ❑ Engineer El Tracking Number 0 ` 00 City Administrator F1 p0 Consultant ❑ CC 2011-114 8L Kmdsl County Agenda Item Summary Memo Title: Minutes of the City Council—September 13, 2011 Meeting and Date: City Council 10/11/11 Synopsis: Approval of minutes. Council Action Previously Taken: Date of Action: Action Taken: Item Number: Type of Vote Required: Majority Council Action Requested: Approval Submitted by: City Clerk Warren Name Department Agenda Item Notes: DRAFT MINUTES OF THE REGULAR MEETING OF THE CITY COUNCIL OF THE UNITED CITY OF YORKVILLE,KENDALL COUNTY,ILLINOIS, HELD IN THE CITY COUNCIL CHAMBERS 800 GAME FARM ROAD ON TUESDAY SEPTEMBER 13,2011 Mayor Golinski called the meeting to order at 7:00 p.m.and led the Council in the Pledge of Allegiance. ROLL CALL City Clerk Warren called the roll. Ward I Gilson Present (phone) Colosimo Present Ward II Milschewski Present Kot Present Ward III Munns Present Funkhouser Present Ward IV Spears Present Teeling Present Also present: City Clerk Warren,City Treasurer Powell,City Attorney Orr,City Administrator Olson, Police Chief Hart,Deputy Chief of Police Hilt,Public Works Director Dhuse,Finance Director Fredrickson,EEI Engineer Sanderson,Community Development Director Barksdale-Noble,and Director of Park and Recreation Schraw QUORUM A quorum was established. Mayor Golinski stated that Alderman Gilson is calling in for the meeting. AMENDMENTS TO THE AGENDA None. PRESENTATIONS Presentation of Checks to Kendall County PADS and Meals on Wheels Mayor Golinski stated this was a competition that the City Council was challenged to by the Park Board to see who could garner the largest number of tips in the beverage tent on Friday evening of Hometown Days.The City Council was victorious but agreed to split the profits to the two worthy charities. Southwest Fox Valley Cable Television Consortium Presentation by Mike Rennals Mayor Golinski requested that Mr.Rennals give an overview.The Southwest Fox Valley Cable Television Consortium has trained 172 community members of Yorkville,Plano,Sandwich,and North Aurora and has provided training to learn to create programming for and about their community.The community members are provided with a channel to put the programming they produced on the air.This was initially through cable television.Southwest Fox Valley Cable Television began on cable channel 17. Currently there are two channels,17 for public access programming and 10 for other government programming.Also on AT&T channel 99 and streamlining on the Internet.The cable channel covers City Council meetings and many other programming events.The City Council meetings of Yorkville are being aired six days a week.Southwest Fox Valley Cable Television Consortium is funded through the cable subscribers.The studio is located at Waubonsee Community College. PUBLIC HEARINGS None. CITIZEN COMMENTS Jesus Alaniz,Colonial Parkway,gave a citizens report on the day that Sherriff Joe Arpaio came in from Arizona.There were many negative reports on the intemet and radio.Mr.Alaniz stated that he was with Sheriff Arpaio from the time he arrived to the time he left and they talked quite a bit.During that time Sheriff Arpaio was very kind and respectful to him.He believes the press did an extremely poor job of covering the story and facts.Mr.Alaniz made comments referring to Rahm Emanuel and Dick Durbin's willingness to speak with only members of the press.In the United States Constitution,the first words are,our Congress shall make no law as to determine who the press is,yet that is exactly what Dick Durbin did.There is a difference between the press who handles the First Amendment and the citizens who exercise their Second Amendment rights.The people with the Second Amendment rights recognize that there is a responsibility that goes with that right.The people of the press,who call themselves The Minutes of the Regular Meeting of the City Council—September 13,2011—Page 2 of 7 professional,exercise no responsibility.Mr.Alaniz believes that our city was unfairly and unjustly given a black eye by an irresponsible press. CONSENT AGENDA 1. Bills for Payment-$548,717.43(CC 2011-101) 2. Police Reports for July-August 2011 (PS 2011-24) 3. Ordinance 201146 Amending the Code of Ordinances Regulating On Street Parking(Prairie Grass Lane)—authorize Mayor and City Clerk to execute(PS 2011-26) Mayor Golinski entertained a motion to approve the consent agenda as presented. So moved by Alderman Kot;seconded by Alderman Spears. Motion approved by a roll call vote. Ayes-8 Nays-0 Colosimo-aye,Milschewski-aye,Spears-aye,Munns-aye, Funkhouser-aye,Gilson-aye,Teeling-aye,Kot-aye MINUTES FOR APPROVAL 1. Minutes of the City Council—August 9,2011 (CC 2011-102) 2. Minutes of the City Council—August 23,2011 (CC 2011-103) Mayor Golinski entertained a motion to approve the minutes of the City Council for August 9,2011 August 23,2011.So moved by Alderman Spears;seconded by Alderman Colosimo. Changes to August 23,2011 City Council Minutes:Alderman Spears stated on page 5 under Community Liaison Report,2nd paragraph should state Area Agency Board.Last sentence on that page should state served 10 million meals.Mayor Golinski stated on page 6,P paragraph Hultgren was misspelled. Alderman Milschewski said on page 6,Additional Business under Hotel Tax she stated that she asked if there was a way the City Council could get an update as to what has been paid to the Tourism Bureau since January.Also,she stated under Game Farm Road,she asked when the patching would begin. Amended minutes approved unanimously by a viva voce vote. REPORTS MAYOR'S REPORT Mayor Golinski stated he wanted to read a proclamation from the Daughters of the American Revolution. See attached Proclamation. Intergovernmental Agreement for the Reconstruction of Illinois Route 47 (CC 2011-97) Mayor Golinski entertained a motion to approve an ordinance approving an intergovernmental agreement between the United City of Yorkville and the State of Illinois Department of Transportation for the reconstruction of Illinois Route 47 and authorize the Mayor and City Clerk to execute.So moved by Alderman Kot;seconded by Alderman Munns. City Administrator Olson presented a PowerPoint presentation on the Route 47 expansion overview.This overview included streetlights,traffic signal upgrades,downtown changes,changes to intersections, crosswalks,sidewalks and paths,storm water,new medians,and other facts having to deal with a Route 47 expansion.See attached PowerPoint presentation. Mayor Golinski asked for comments or questions on the motion,agreement,or city administrator Olson's presentation.Alderman Gilson had several questions for City Administrator Olson on the following issues which are easements,the difference between a side walk and carriage walk.He wanted to know who was responsible for maintaining and repairing the replacement of the outfalls,and if they will be tested for water quality.He also wanted to know if the outfalls were recently added.He had questions about the power poles being buried and the city passing along the electric bills.Alderman Gilson's last question was on outsourcing and the overall cost of outsourcing.City Administrator Olson answered his questions with the help of Public Works Director Dhuse. Alderman Teeling had a question about the people on site supervising water,storm sewer,and sanitary sewer relocations and construction.She believes there will be other parts to this project that will need supervision by the city.She said it seems that there may be additional costs for the city due to extra engineering work needed for the project.City Administrator Olson stated there should not be any other work needed to be supervised.He stated the city is paying IDOT to essentially engineer and build the project.Alderman Teeling questioned City Administrator Olson that in the absence of a city engineer will additional work be needed to be performed by the cities outside engineering group.City Administrator The Minutes of the Regular Meeting of the City Council—September 13 2011—Page 3 of 7 Olson stated no,it will be rolled into the existing contract.This will be done up to a cap,and anything over and above that will be extra.City Administrator Olson stated that he is anticipating over$100,000 in billable staff time over three fiscal years. City Attorney Orr stated that it is her understanding,having read the documentation that if the city adopts the agreement then the city has to adopt all of the ordinances conveying the rights and easements etc.So she suggested that the motion be a motion for the agreement and all of the ordinances itemized as ABC and D on our agenda because we cannot adopt one without the other.City Attorney Orr stated the council needs a motion to have all motions in one vote.Mayor Golinski stated that the council has already made a motion,so City Attorney Orr said the previous motion needs to be withdrawn and the council needs to make a new motion. Alderman Colosimo wanted to clarify that Yorkville does have a city engineer and that is EEI. Alderman Spears asked City Administrator Olson if he stated that it would cost$100,000 over a three- year span,or it would be$33,000 per year.Clearly that would be less than what the city was paying our engineering department.City Administrator Olson stated correct.Alderman Funkhouser stated that Public Works Director Dhuse said that the replacement of the storm sewer would be for an 8 foot section but on number 17 of the agreement states that the storm sewer repair is a 12 foot section.Public Works Director Dhuse stated that is correct and he apologized. Alderman Kot asked how this pavement compares to when Countryside Parkway was extended a few years back.Public Works Director Dhuse stated it is at least as strong as Countryside Parkway if not stronger. Mayor Golinski stated that the previous motion was rescinded. Ordinance 2011-47 Intergovernmental Agreement for the Reconstruction of Illinois Route 47 (CC 2011-97) Mayor Golinski entertained a motion to approve an ordinance approving an intergovernmental agreement between the United City of Yorkville and the state of Illinois Department of Transportation for the reconstruction of Illinois Route 47 and that includes the following ordinances and resolutions and authorize the Mayor and City Clerk to execute.So moved by Alderman Funkhouser;seconded by Alderman Milschewski. Ordinance 2011-48 Regarding Access Drive Roadway Location Near the Intersection of US 34 and Illinois 47 to be Transferred from the State of Illinois to the Jurisdiction of the United City of Yorkville Resolution 2011-21 Appropriating Funds for the Reconstruction of Illinois 47 (Bridge Street)from just North of Illinois 71 to just North of Carpenter Street Ordinance 201149 Regulating Parking on Illinois 47(Bridge Street) and US 34(Veterans Parkway) Ordinance 2011-50 Regulating Encroachment on Public Right of Way Mayor Golinski asked for any comments or questions on the amended motion that incorporates all of the ordinances and resolutions. Motion approved by a roll call vote. Ayes-8 Nays-0 Spears-aye,Colosimo-aye,Funkhouser-aye,Milschewski-aye, Teeling-aye,Gilson-aye,Kot-aye,Munns-aye PUBLIC WORKS COMMITTEE REPORT No Report. ECONOMIC DEVELOPMENT COMMITTEE REPORT Annexation of Certain Properties Pursuant to Section 7-1-13 of the Illinois Municipal Code (EDC 2011-36) A motion was made by Alderman Munns to authorize city staff to begin the public notice process to various property owners and government bodies pursuant to 7—1-13 of Illinois municipal code;seconded by Alderman Kot. Alderman Munns stated this was brought forward from the EDC with unanimous consent to bring it to the City Council.This is an informational issue to be discussed so that city staff can begin the process.No vote is needed.Alderman Gilson asked if it is the City's intent to forcefully add,without the consent or agreement of the owners,these properties.City Administrator Olson stated that the agenda item is to begin the process. The Minutes of the Reeular Meeting of the City Council—September 13,2011—Page 4 of 7 Alderman Gilson's personal conviction is to not support anything to do with forced annexation.Alderman Kot stated there are businesses on Route 34 that are not part of the City of Yorkville and therefore the city is not getting any taxes.The city is losing out on approximately$25,000 a year that they could use.He is surprised at the number of residences that were part of this plan.He believes this is something the city should pursue.The money would be a welcome addition.Alderman Spears would compare this to eminent domain. The City would be getting extra taxes from the businesses but originally when they bought their properties they had no desire to be annexed.She believes it is inappropriate for the City to forcefully annex the properties in question.Alderman Colosimo stated he does not have an objection to sending out the notices for it gives residents an opportunity to come in and be heard.Some residents might prefer to be annexed and receive city services.He would like to hear what the residents have to say.Alderman Munns wanted to clarify that the committee never realized how many residences were included in this situation,but the businesses that are sitting on Route 34 are taking advantage of services that Yorkville provides.Yorkville has much to gain by determining the number of residences that would be affected.City Administrator Olson stated there is not a provision in the code that would allow the city to exempt certain parcels from the entire territories wholly contained,so there is no discretion that the City has in exempting certain parcels within an entire cloud.City Attorney Orr stated the City Council discussed the idea that it has to be less than 60 acres, it has to be continuous,and it has to be wholly bounded.Alderman Munns would like to receive input from citizens.Alderman Funkhouser is not necessarily in favor of forced annexation,but Yorkville does provide city services and there are businesses that have taken advantage of these services.He does not have a problem with starting this process.Alderman Teeling asked if the city would have to hold a public hearing for this issue.City Attorney Off stated yes.Alderman Spears stated that it is mainly lease costs that the council is addressing at this time and the businesses on Route 34.Alderman Gilson would like some way for the City to remove the possibility of forced annexation and start the process of notices being sent out without forcing annexation.Alderman Teeling said there are many different property owners and the City would have to have consent from all of them.This is a way to provide citizens with an opportunity to express their opinions. Alderman Gilson wants to know from City Attorney Orr if there is a way to begin the process without forced annexation being on the table.City Attorney Orr stated this process is the best way to start the proceedings so that everyone jointly knows simultaneously that the city is doing this not against one property or another but as a part of planning.The public hearing and the notices will absolutely begin a talking process.After hearing what City Attorney Off stated,Alderman Gilson said he would feel more comfortable to go ahead and make a motion.Alderman Gilson made a motion to remove the potential of forced annexation from this process and to start the process of discussion for potential annexation discussion amongst all property owners without the potential of forced annexation.City Attorney Orr stated that is not an amendment to the motion on the table.It is a whole new motion.City Administrator Olson stated the best way to accomplish what Alderman Gilson is looking for would be a no vote on the original motion.City Attorney Orr stated that is correct.If the motion fails,Alderman Gilson might want to request that his motion is on the next agenda. Alderman Milschewski and Alderman Funkhouser pointed out that we may never get to the point of voting on annexation.This is just a way to hold a public hearing so the businesses and residents can voice their feelings. Roll call on a no vote to the original make by Alderman Munns to authorize city staff to begin the public notice process to various property owners and government bodies pursuant to 7—1—13 of Illinois municipal code;seconded by Alderman Kot. Motion approved by a roll call vote. Ayes-6 Nays-2 Gilson-nay,Kot-aye,Munns-aye,Spears-nay, Colosimo-aye,Funkhouser-aye,Milschewski-aye,Teeling-aye PUBLIC SAFETY COMMITTEE REPORT Weather Warning Sirens (PS 2011-16) A motion was made by Alderman Colosimo to authorize the purchase and installation of 3 American signal T—128 AC/DC outdoor warning sirens from Fulton technologies in an amount not to exceed $52,500;seconded by Alderman Kot. Alderman Colosimo stated several residences have voiced concerns for they were unable to hear the tornado sirens.A survey was done of the City of Yorkville and there are three dead zones for this municipality that has week tornado siren coverage.Those areas are Bristol Bay,Autumn Creek,and Country Hills and Raintree.The city has almost$100,000 designated in a fund that is to be used for tornado sirens.Alderman Colosimo asked the City Council to support this for it is a public safety issue. Alderman Gilson agreed that this is needs to be done.He wanted to know how the city decides where the location would be to install the sirens.Police Chief Hart stated typically the locations are on public property.It will either be at the middle school or the water tower.Alderman Milschewski asked about lightning sirens at parks.Chief Police Hart stated that there is one at City Hall and one at the Riverfront Park.The city has no funding for further lightning detectors for they are very expensive.City Administrator Olson stated that the Park Board has talked about buying mobile lightning detectors. The Minutes of the Regular Meeting of the City Council—September 13 2011—Page 5 of 7 Motion approved by a roll call vote. Ayes-8 Nays-0 Kot-aye,Munns-aye,Spears-aye,Colosimo-aye, Funkhouser-aye,Milschewski-aye,Teeling-aye,Gilson-aye ADMINISTRATION COMMITTEE REPORT Bond Refinancing—Discussion (CC 2011-104) City Administrator Olson stated the packet that is in the agenda is the final bond ordinance that will be in front of the city Council in the next two weeks on September 27 meeting.This was given to the City Council two weeks in advance so the Council could review it and if the Council had any questions for City Administrator Olson he would be happy to answer them. PARK BOARD 2011 Playful City USA Award (CC 2011-105) Director of Park and Recreation Schraw stated that Yorkville had received a Playful City USA award. Playful City USA has a website but it is used as a way to publicize our parks in Yorkville.This award is a way to show that Yorkville cares about parks and play.Yorkville is one of only three cities in Illinois and one of only 151 cities nationwide.Alderman Teeling stated that one of the parks in Yorkville had some damage and a resident called back to state the damage was taken care of immediately. PLAN COMMISSION No report. ZONING BOARD OF APPEALS No report. CITY COUNCIL REPORT No report. CITY CLERK'S REPORT No report. CITY TREASURER'S REPORT No report. COMMUNITY&LIAISON REPORT No report. STAFF REPORT Code Official Intern City administrator Olson stated that the city did hire a code official intern last week. Building Department Meet and Greet (CC 2011-106) Community Development Director Barksdale-Noble stated there would be a meet and greet on September 20 at 8 AM,with the new building code official,Mark Hardin.This gives him the opportunity to introduce himself to the local developers and builders to explain the new code changes.Later in the year he will be doing a seminar on certain sections of the code that may require additional insight from his perspective and getting insight from builders on the changes and how they are adapting to those changes. Playground Ribbon cutting On September 21,2011 from 4:30 PM to 6:30 PM,there is going to be a playground ribbon-cutting at Raintree Village.This is our new Castle theme park.There will be hot dogs,chips,and a drink on sale for $1.50 just to cover the cost. Open House There is a Rec Center Open House on Saturday,September 25 from 8 to 12.There is a special from Friday to Sunday where there will be no registration fee for new members. Property Code Violation Alderman Spears asked Community Development Director Barksdale-Noble if the City Council should still direct the city's property code violations to her at this time?Community Development Director Barksdale-Noble stated that would be fine and she will forward them on to Mr.Hardin. The Minutes of the Regular Meeting of the City Council—September 13,2011—Page 6 of 7 Patriot Walk Mayor Golinski stated that last Sunday was Yorkville's Patriot Walk.There was a great turnout with about 200 people.Mayor Golinski spoke at this event. Director of the Aurora Area Convention and Visitors Bureau Mayor Golinski stated he had lunch with the new Director of the Aurora Area Convention and Visitors Bureau.The director had only been on the job for 10 days when Mayor Golinski spoke to him.When the director gets his bearings he will come to the City Council meeting and present to the Council and open it up to questions.Sometime in the next few weeks he will be into the City Council meeting. EXECUTIVE SESSION Mayor Golinski entertained a motion to go into Executive Session for the purpose of: 1. For collective negotiating matters between the public body and its employees or their representatives,or deliberations concerning salary schedules for one or more classes of employees. 2. The purchase or lease of real property for use of the public body. 3. For litigation, when an action against, affecting, or on behalf of the particular public body has been filed and is pending before a court or administrative tribunal,or when the public body finds that an action is probable or imminent, in which case the basis for the finding shall be recorded and entered into the minutes of the closed meeting. So moved by Alderman Kot; seconded by Alderman Spears. Motion approved by a roll call vote. Ayes-8 Nays-0 Spears-aye,Milschewski-aye,Colosimo-aye,Kot-aye, Teeling-aye,Gilson-aye,Funkhouser-aye,Munns-aye The City Council entered Executive Session at 8:48 p.m. The City Council returned to regular session at 9:24 p.m. MAYOR'S REPORT-(cont'd): Resolution 2011-22 Approving the Intergovernmental Agreement Creating Kendall County Emergency Phone Service and Communication Board Dated November 18,2010 with Change in Amount of Contribution of Kendall County (CC 2011-107) Mayor Golinski entertained a motion to approve a resolution approving the intergovernmental agreement creating Kendall County emergency phone service and communication board dated November 18,2010 with change in amount of contribution of Kendall County and authorize the Mayor and City Clerk to execute.So moved by Alderman Spears;seconded by Alderman Munns. Alderman Colosimo made a motion to amend the resolution.He would move to amend the whereas section and the resolution section in the spirit of compromise with our friends over on Fox Street to change the 1.775 million where it appears in both places in the motion to$1,829,752.So moved by Alderman Munns;seconded by Alderman Funkhouser. City Attorney Orr stated this is on the amendment first. Motion approved by a roll call vote. Ayes-8 Nays-0 Colosimo-aye,Funkhouser-aye,Milschewski-aye,Teeling-aye, Gilson-aye,Kot-aye,Munns-aye,Spears-aye Roll call on the Main Amended Motion Motion approved by a roll call vote. Ayes-8 Nays-0 Gilson-aye,Kot-aye,Munns-aye,Spears-aye, Colosimo-aye,Funkhouser-aye,Milschewski-aye,Teeling-aye Resolution 2011-23 Approving a Settlement Agreement (CC 2011-108) Mayor Golinski entertained a motion to approve a resolution approving a settlement agreement and mutual release between the United City of Yorkville and Huss and authorize the Mayor and City Clerk to execute.So moved by Alderman Kot;seconded by Alderman Milschewski. Motion approved by a roll call vote. Ayes-8 Nays-0 Funkhouser-aye,Milschewski-aye,Teeling-aye,Gilson-aye, Kot-aye,Munns-aye,Spears-aye,Colosimo-aye The Minutes of the Regular Meeting of the City Council—September 13 2011—Page 7 of 7 ADDITIONAL BUSINESS IML Conference Alderman Teeling stated that the IML Conference is this week and asked who was attending from the City Council.She cannot attend.Mayor Golinski is attending.Alderman Munns is attending on Friday. City Attorney Orr is speaking at the conference. Annexation Alderman Spears would like the city to look into working with the county in order to put lien maintenance and property maintenance for county residents.The City of Yorkville has a 1 and'/x mile agreement with the County to annex property.If people are living within 1 and%miles from city limits then maybe they should abide by Yorkville's ordinances.Alderman Spears believes in the fall Yorkville will have an issue,once again,with the county residents burning leaves.Yorkville has county residents living directly across the street from city residents and they are permitted to burn leaves.City Attorney Orr stated that the county has regulations that permit the burning of leaves.Alderman Spears stated that city residents even have zoning members come out and try to speak to county residents.Alderman Spears can see it happening again.Mayor Golinski stated the City Council can explore this issue. Developers Alderman Funkhouser stated recently the city had an issue with one of the hearing officer's fine against one of the developers.The fine was looking at$57,200 which was in lieu of the staff recommended $146,000.The developer came to the city with a proposal that asked the city to consider releasing some funds that were due to them but asked if they could be released early.This would allow the developers to maintain their property and come into compliance.The committee denied the request which now is going to add to the compounding problem.As this development continues to be noncompliance,the residents, who were clearly upset when they came into the Public Works Committee,and now they're going to be even more upset for this will be a continued problem with their maintenance.Alderman Funkhouser is not trying to be sympathetic to developers,nor does he want the city staff or Council to be apathetic to our standards.Alderman Funkhouser wants the city staff and city Council to look into the best interest of the city.He understands that the Alderman have a commitment to their constituents.This is an opportunity that the city had to possibly work out a problem.Alderman Funkhouser feels that the city may have failed a little bit on this in terms of following through on potential opportunities to take care of some residents complaints.He wanted to bring this issue up in order to get it resolved now,since the city has a development that is going to be in noncompliance next year.Alderman Gilson added the problem with Alderman Funkhouser's statement is simple,the alderman are 100%accountable for their constituents. Our constituents showed up and had a clear direction.They stated a clear direction as to how they wanted their Alderman to handle this issue.You need to report your constituents and do exactly what they have asked you to do.Alderman Gilson wanted to make sure that there were two sides of that statement on the record. ADJOURNMENT Mayor Golinski entertained a motion to adjourn the meeting. So moved by Alderman Milschewski; seconded by Alderman Spears. Adjournment of the meeting was unanimously approved by a viva voce vote. Meeting adjourned at 9:35 p.m. Minutes submitted by: Beth Warren, City Clerk,City of Yorkville,Illinois Reviewed By: Agenda Item Number J� Q Legal ❑ Minutes #2 EST. '►� .�� 1836 Finance ❑ -� Engineer El 1 _ Tracking Number 0 1 . V City Administrator ❑ c—"!° Consultant El'�a„ry ` CC 2011-115 <C E �. ❑ Agenda Item Summary Memo Title: Minutes of the City Council—September 27, 2011 Meeting and Date: City Council 10/11/11 Synopsis: Approval of minutes. Council Action Previously Taken: Date of Action: Action Taken: Item Number: Type of Vote Required: Majority Council Action Requested: Approval Submitted by: Deputy Clerk Pickering Name Department Agenda Item Notes: DRAFT MINUTES OF THE REGULAR MEETING OF THE CITY COUNCIL OF THE UNITED CITY OF YORKVILLE,KENDALL COUNTY ILLINOIS HELD IN THE CITY COUNCIL CHAMBERS, 800 GAME FARM ROAD ON TUESDAY,SEPTEMBER 27,2011 Mayor Golinski called the meeting to order at 7:00 p.m.and led the Council in the Pledge of Allegiance. ROLL CALL Deputy City Clerk Pickering called the roll. Ward I Gilson Present Colosimo Present Ward II Milschewski Present Kot Present Ward III Munns Present Funkhouser Present Ward IV Spears Present Teeling Present Also present: Deputy City Clerk Pickering,City Treasurer Powell,City Attorney Orr,City Administrator Olson,Chief of Police Hart,Deputy Chief Hilt,Public Works Director Dhuse,Finance Director Fredrickson,Community Development Director Barksdale-Noble,EEI Engineer Freeman,Interim Director of Parks and Recreation Schraw,Superintendent of Parks Sleezer,and Superintendent of Recreation Evans. QUORUM A quorum was established. AMENDMENTS TO THE AGENDA Mayor Golinski requested that Mayor#1—KenCom Agreement(CC 2011-110)be moved to after the executive session. Amendments approved unanimously by a viva voce vote. PRESENTATIONS None. PUBLIC HEARINGS None. CITIZEN COMMENTS None. CONSENT AGENDA 1. Bills for Payment-$796,018.59(CC 2011-109) 2. Treasurer's Report for August 2011 (ADM 2011146) 3. Ordinance 2011-51—Amending the Traffic Schedule and Index(Van Emmon and Mill Street)- authorize Mayor and City Clerk to execute(PW 2011-58) 4. Kendall Marketplace Improvement Bid Results-award contract to Wilkinson Excavating in an amount not to exceed$87,041.50(PW 2011-31) Mayor Golinski entertained a motion to approve the consent agenda. So moved by Alderman Spears; seconded by Alderman Kot. Motion approved by a roll call vote. Ayes-8 Nays-0 Colosimo-aye,Milschewski-aye,Spears-aye,Munns-aye, Funkhouser-aye,Gilson-aye,Teeling-aye,Kot-aye MINUTES FOR APPROVAL None. REPORTS PUBLIC WORKS COMMITTEE REPORT No Report. ECONOMIC DEVELOPMENT COMMITTEE REPORT No Report. The Minutes of the Regular Meeting of the City Council—September 27,2011—Page 2 of 4 PUBLIC SAFETY COMMITTEE REPORT No Report. ADMINISTRATION COMMITTEE REPORT Fiscal Year 2011 Budget Report (ADM 2011-48) Alderman Spears said that the Fiscal Year 2011 Budget Report was provided to the Administration Committee. She asked if anyone had any questions or comments regarding the budget report. Administrator Olson commented that the budget report was being provided to the City Council as an informational item. He said that the budget report includes preliminary audit figures and that the audit is expected to be completed within the next week or two. PARK BOARD Raintree Park B Tennis Courts- Collman Naming Request (CC 2011-111) Mayor Golinski entertained a motion to approve the naming of Raintree Park B tennis courts to"Collman Courts". So moved by Alderman Spears;seconded by Alderman Funkhouser. Interim Director of Parks and Recreation Schraw said that naming a park feature after Mr.Jeff Collman, who passed away in the September 11 attacks,had been talked about for a few years. She explained that staff had contacted Mr.Collman's father about naming a park feature after his son. Director Schraw said that Mr.Collman's father and mother both felt that naming tennis courts after their son would be appropriate as their son had liked tennis. Director Schraw further noted that the Park Board fully supported this request. Motion approved by a roll call vote. Ayes-8 Nays-0 Funkhouser-aye,Kot-aye,Colosimo-aye,Spears-aye, Munns-aye,Milschewski-aye,Gilson-aye,Teeling-aye PLAN COMMISSION No report. ZONING BOARD OF APPEALS No report. LIBRARY BOARD Ordinance 2011-52 Approving the Revision of the 2011-2012 Fiscal Year Budget Regarding the General Fund,the Library Operations Fund, and the Library Development Fee Fund (CC 2011-112) Alderman Colosimo explained that the library board currently had$332,500 in a fund that is very restricted in what the money can be used for. In order to help the library free up some funds so that the library can make some needed repairs,it is proposed that the library would transfer$332,500 to the city's general fund and then the city would transfer the same amount of money back to the library. This transfer would then allow the library to use the$322,500 to make needed repairs such as painting,scraping,and gutter work,or to purchase books or technology upgrades. Alderman Teeling questioned what the city would use the money for. Alderman Colosimo explained that the money that the library was transferring to the city would be used to pay for costs associated with the upcoming improvements to Game Farm Road. Alderman Colosimo further explained that the city would be transferring the same amount of money back to the library so that ultimately,the library is not losing any money;the use of this money for the library is being changed from having a restricted use to having a non-restricted use. Administrator Olson stated that this is not a loan;it is a dollar for dollar transfer. Alderman Gilson wanted to know if there were any legal ramifications to approving this transfer. Attorney Orr responded that there are no issues with the City Council approving this transfer as the library is part of the city. Mayor Golinski entertained a motion to approve an ordinance approving the revision of the 2011-2012 fiscal year budget for the United City of Yorkville regarding the general fund,the library operations fund, and the library development fee fund,subject to the Library Board approving the revision of the library operations fund and the library development fee fund and authorize the Mayor and City Clerk to execute. So moved by Alderman Colosimo;seconded by Alderman Spears. Motion approved by a roll call vote. Ayes-7 Nays-1 Kot-aye,Colosimo-aye,Spears-aye,Munns-aye, Milschewski-aye,Gilson-aye,Teeling-nay,Funkhouser-aye The Minutes of the Regular Meeting of the City Council—September 27 2011—Page 3 of 4 CITY COUNCIL REPORT No report. CITY CLERK'S REPORT No report. CITY TREASURER'S REPORT No report. COMMUNITY&LIAISON REPORT No report. STAFF REPORT Halloween Trick or Treat Hours Chief of Police Hart announced that Halloween Trick or Treat hours would take place on Monday, October 315`from 4:00 p.m.until 7:00 p.m. ADDITIONAL BUSINESS Reconsideration of Annexation of Certain Properties (EDC 2011-36) Alderman Teeling said that she wanted to make a motion for a vote to reconsider an item that was voted on at the last meeting—EDC 2011-36—annexation of certain properties pursuant to section 7-1-13 of the Illinois Municipal Code. Alderman Teeling said that after she got home and started thinking about her vote,she didn't feel comfortable about her vote. Alderman Teeling said that she feels that it is wrong to force annex any business. She feels that it would be better to take Alderman Gilson's suggestion and simply contact the businesses in the area to see if this is something that the businesses would like to do. Motion seconded by Alderman Gilson. Alderman Colosimo clarified that at the last council meeting,the City Council did not vote to force annex anyone. He said that the City Council voted on whether they should send out notices to receive feedback from the public as to whether the city should force annex. Alderman Colosimo feels that the City Council will be setting a bad precedent if they start voting on items and then change their mind at a later time and then want to re-vote on the items that they have previously voted on. Alderman Colosimo said that the City Council receives meeting packets before city meetings take place;therefore,they should be prepared to vote accordingly when they get to the meeting. Mayor Golinski said that he had talked to one business owner already and he had instructed staff not to send out any notices yet. Alderman Gilson was concerned that even if the notices haven't been sent out yet,the council has started a process that could potentially lead to forced annexation.Alderman Gilson said that at the last meeting he had asked if the city could just start by talking to the property owners. He hopes that everyone will reconsider this item. City Administrator Olson explained that the motion to reconsider is a yes or no vote to place this item on the next agenda for reconsideration. Alderman Spears said that she was against the reconsideration as she feels that the City Council is supposed to know what they are voting on when they come to meetings. Alderman Teeling said that Mayor Golinski commented that they are holding off on sending notices;however,the City Council and the Mayor already have authority to start the proceedings on this. Alderman Teeling feels it's important to at least ask for a vote to reconsider. Alderman Colosimo said that just because the council has started the process,it does not commit them to force annex any property. Attorney Orr explained that the next step in the process is to set a public hearing date and after the public hearing then the council would vote on the annexation. Alderman Kot wanted clarification that the staff and legal recommendation at the last meeting was that the formal public hearing process was the best way to handle this instead of just directing staff to call and talk to each property owner. Attorney Orr stated that the formal public hearing process was the most appropriate way to handle this as there are specific reasons that these property owners have not annexed into the city. Attorney Orr said that a formal public hearing process will allow all of the City Council to understand equally why these property owners have not annexed. Based on her experience,if the City Council decides on a less formal process,such as contacting property owners individually,Attorney Orr doesn't think the City Council will get the information they need to make a decision. Mayor Golinski reminded the City Council that a positive vote would mean that they are voting for reconsidering and a nay vote would mean that they are voting against reconsidering. Motion to reconsider defeated by a roll call vote. Ayes-2 Nays-6 Colosimo-nay,Spears-nay,Munns-nay,Milschewski-nay, Gilson-aye,Teeling-aye,Funkhouser-nay,Kot-nay REC Center Presentation City Administrator Olson said that staff had prepared a brief presentation on REC Center operations, which they would be presenting after the executive session. The Minutes of the Regular Meeting of the City Council—September 27,2011—Page 4 of 4 EXECUTIVE SESSION Mayor Golinski entertained a motion to adjourn into Executive Session for the purposes of: 1. For collective negotiating matters between the public body and its employees or their representatives, or deliberations concerning salary schedules for one or more classes of employees. 2. For litigation, when an action against, affecting, or on behalf of the particular public body has been filed and is pending before a court or administrative tribunal,or when the public body finds that an action is probable or imminent, in which case the basis for the finding shall be recorded and entered into the minutes of the closed meeting. So moved by Alderman Colosimo;seconded by Alderman Funkhouser. Motion approved by a roll call vote. Ayes-8 Nays-0 Spears-aye,Milschewski-aye,Colosimo-aye,Kot-aye, Teeling-aye,Gilson-aye,Funkhouser-aye,Munns-aye The City Council entered executive session at 7:31 p.m. The City Council returned to regular session at 8:13 p.m. MAYOR'S REPORT Resolution Approving the Intergovernmental Agreement Creating Kendall County Emergency Phone Service and Communication Board dated November 18,2010 (CC 2011-110) Mayor Golinski entertained a motion to approve a resolution approving the intergovernmental agreement creating Kendall County emergency phone service and communication board dated November 18,2010 with change in amount of contribution of Kendall County and authorize the Mayor and City Clerk to execute. So moved by Alderman Spears;seconded by Alderman Gilson. Mayor Golinski asked if anyone had any comments or questions. Alderman Munns made a motion to table this item to the next City Council meeting;seconded by Alderman Kot. Motion to table approved by a roll call vote. Ayes-8 Nays-0 Spears-aye,Munns-aye,Milschewski-aye,Gilson-aye, Teeling-aye,Funkhouser-aye,Kot-aye,Colosimo-aye ADDITIONAL BUSINESS—Continued REC Center Presentation Interim Director of Parks and Recreation Schraw and Superintendent of Recreation Evans gave a PowerPoint presentation on the REC Center(see attached). ADJOURNMENT Mayor Golinski entertained a motion to adjourn the meeting. So moved by Alderman Milschewski; seconded by Alderman Kot. Motion to adjourn approved by a roll call vote. Ayes-8 Nays-0 Spears-aye,Milschewski-aye,Colosimo-aye,Kot-aye, Teeling-aye,Gilson-aye,Funkhouser-aye,Munns-aye Meeting adjourned at 8:25 p.m. Minutes submitted by: Lisa Pickering, Deputy City Clerk,City of Yorkville,Illinois 0 CO. Reviewed By: Agenda Item Number a1 O Legal ❑ Minutes #3 ,; Finance ❑ EST. 1836 J°� Engineer ❑ Tracking Number r7 City Administrator ❑ Consultant ❑ KenJaNCounry ® CC 2011-116 Agenda Item Summary Memo Title: Minutes of the Special City Council— September 27, 2011 Meeting and Date: City Council 10/11/11 Synopsis: Approval of minutes. Council Action Previously Taken: Date of Action: Action Taken: Item Number: Type of Vote Required: Majority Council Action Requested: Approval Submitted by: Deputy Clerk Pickering Name Department Agenda Item Notes: DRAFT SPECIAL CITY COUNCIL MEETING MINUTES OF THE JOINT MEETING OF THE CITY COUNCIL AND THE PARK BOARD HELD IN THE CITY COUNCIL CHAMBERS 800 GAME FARM ROAD ON TUESDAY,SEPTEMBER 27,2011 Mayor Golinski called the meeting to order at 8:26 p.m. ROLL CALL City Council present: Park Board members present: Mayor Golinski Ken Koch Alderman Gilson Debbie Horaz Alderman Colosimo Kelly Sedgwick Alderman Milschewski Seaver Tarulis Alderman Kot Amy Cesich Alderman Munns Mark Dilday Alderman Funkhouser Alderman Spears Alderman Teeling Also present: Deputy City Clerk Pickering,City Attorney Orr,City Administrator Olson,Interim Director of Parks and Recreation Schraw,Superintendent of Parks Sleezer,and Superintendent of Recreation Evans. QUORUM A quorum was established. CITIZEN COMMENTS None. EXECUTIVE SESSION Mayor Golinski entertained a motion to adjourn into Executive Session for the purchase or lease of real property for use of the public body. So moved by Alderman Kot;seconded by Alderman Milschewski. Motion approved by a roll call vote. City Council Ayes-8 Nays-0 Spears-aye,Milschewski-aye,Colosimo-aye,Kot-aye, Teeling-aye,Gilson-aye,Funkhouser-aye,Munns-aye Park Board Ayes-6 Nays-0 Koch-aye,Horaz-aye,Sedgwick-aye,Tarulis-aye, Cesich-aye,Dilday-aye The City Council and Park Board entered executive session at 8:28 p.m. The City Council and Park Board returned to regular session at 9:39 p.m. ADJOURNMENT Mayor Golinski entertained a motion to adjourn the meeting. So moved by Alderman Colosimo; seconded by Alderman Funkhouser. Adjournment of the meeting was unanimously approved by a viva voce vote. Meeting adjourned at 9:40 p.m. Minutes submitted by: Lisa Pickering, Deputy City Clerk,City of Yorkville,Illinois 0 CI,- Reviewed By: Agenda Item Number 2 A O J "` A Legal ❑ Mayor#1 ME , 1836 Finance ❑ Engineer ❑ Tracking Number City Administrator ❑ 0 41 �0 Consultant ❑❑ CC 2011-110 `CE �Y Agenda Item Summary Memo Title: KenCom Intergovernmental Agreement Meeting and Date: City Council— 10/11/11 Synopsis: Council Action Previously Taken: Date of Action: CC 9/13/11 Action Taken: Amend county cost to $1,829,752 Item Number: CC 2011-107 Type of Vote Required: Council Action Requested: Submitted by: Mayor Golinski Name Department Agenda Item Notes: Resolution No. 2011- A RESOLUTION OF THE UNITED CITY OF YORKVILLE,KENDALL COUNTY,ILLINOIS APPROVING THE INTERGOVERNMENTAL AGREEMENT CREATING KENDALL COUNTY EMERGENCY PHONE SERVICE AND COMMUNICATION BOARD DATED NOVEMBER 18, 2010 WITH CHANGE IN AMOUNT OF CONTRIBUTION OF KENDALL COUNTY WHEREAS, the County of Kendall, the Kendall County Sheriffs office, the Village of Newark, Lisbon-Seward Fire Protection District, Newark Fire Protection District, Little Rock- Fox Fire Protection District, Bristol-Kendall Fire Protection District and Oswego Fire Protection District approved and executed the Intergovernmental Agreement Creating Kendall County Emergency Phone Service and Communication Board dated November 18, 2010 (the "Agreement"); and, WHEREAS, the United City of Yorkville, Kendall County, Illinois, is desirous of approving the Agreement on the condition that the amount stated in Exhibit 1, Exhibit A, and Exhibit B as the annual contribution of Kendall County is replaced with $1.775 million. NOW, THEREFORE, BE IT RESOLVED by the Mayor and City Council of the United City of Yorkville, Kendall County, Illinois, that the Intergovernmental Agreement Creating Kendall County Emergency Phone Service and Communication Board dated November 18, 2010, is hereby approved on the condition that the amount stated of $ 1.6395 million in Exhibitl, Exhibit A and Exhibit B as the annual contribution of Kendall County is replaced with $1.775 million. Dated this day of October, 2011. Passed by the City Council of the United City of Yorkville, Kendall County, Illinois, this day of , A.D. 2011. CHRIS FUNKHOUSER GEORGE T. GILSON, JR. CARLO COLOSIMO DIANE TEELING JACKIE MILSCHEWSKI MARTY MUNNS ROSE SPEARS LARRY KOT Mayor Attest: City Clerk 2 INTERGOVERNMENTAL AGREEMENT CREATING ICEN.DALL COUNTY EMERGENCY PHONE SERVICE AN'D COMMUNICATIONS BOARD November 18,2010 WHEREAS,the%,oters of Kendall County have approved the development of an Enhanced 9-1-1 (E-9-1-1)Emergency Telephone Senice,and; WHEREAS,the County of Kendall,Kendall County Sheriffs office,as well as each unit of local government therein dealing with emergency gavices,viz. The County of Kendall,the City of Plano,dw United City of Yorkville,the Village of Oswego,the Village of Newark, Lisban-Sewerd Fire 1'mwdon District,Newark Fire protection District,Little Rock-Pox Finn Protection District,Bristol.Kca ll Fire Pmu ction District and Oswego Fire Protection District, have an interest in the creation and operation of a coommunicatlons system to dispatch and communicate regarding the usual and customary functions of said bodies dealing with police, fire and emergency medical servim(EMS)functions arrd; WHEREAS,the County of Kendall is willing to wide the physical location for such system and all of the participaxift units of local goverameat will provide the costs of operations anal provide operations nectssary threriefore in excess of that providod by the telephone surcharge imposed upon the users within the County as outlined in Exhibit 1 attached,and; WHEERFAS,To the entrant omitted under 501LCS 750,the Emergency Telephone SYSUM Act,the KenCorn ExecWve Board shall direct the disbursement of all 9-1-1 su+eharP fps collected. IT 19 HEREBY AGREED AS FOLLOWS: 1. That the County of KavWl shell appoint a board, hereinafter called the KenCom Executive Board to perform,the following functions: Par 3 of 9 a. Create and operate an Enhanced 9-1-1 Emergency Telephone System as provided by 5011.CS 750,the Emergency Telephone Systems Act. b. operate a conventional dispatch system for police,fire and EMS services. c. Employ such persons necessary to effectuate the above. d. Determine fro9m time to time the surcharge sate to be charged and recammend any changes thereto to the County Board. 2. That the board to be appointed shall consist of twelve members who shall have the following qualifications: a. All members shall!rave the ability or experience to administer the E-9-1-1 Service,under the Statute. b. One member shall be the Shedff of Kendall County' The Alternate for the Sheriff shalt be the Chief Deputy.The aI%IW a will serve in the absem of the Sheriff. c. One member and one elterrrate shall be appointed by the Chairman of the County Board with rite advice and conse:tt of the County ward and shall be a County Board Member.The altemate will serve in the absence of the primary member d. Ne member and one alternate from euh of the form mvnicipaUtles of the City of Pkno,the United City of Yorkville,the Village of Oswego,and the Village of Newark shall be abetted by tlt+c CityNWAV Mayorfteddent; and approved by the Chairman of t8e County Board with the advice and consent of the County Board. The Chairman of the County Board shall eve such persons and altanu to a from the respective murticWditxS as designawd by the gym'or Village p4*2 ar 9 President,and shall be Alderman,Trustees,Mayors or Village Presidents.The alternates will serve in the absence of the primary member. e. one member and one alternate from each of the five Fire Protection Districts of Lisbon-Seward,'Ne'%Wk,Little Rock-Fox,Bristol-Ken""and Oswego shall be appointed by the president of the Fire Protections District with the advice and consent of the Fire Protection District Board of Trustees and approved by the Chairman of the County Board with the advise and consent of the County Board. The primary I<ire Protection District mmber shall be a Trustee of the rtspertWe Fine Protection DISUict._ The alternates will serve in the absences of the primary.member.Alto OM shell be a trustee or chief officer of the respective Fire Protection District- f One member shall be a ba At-barge who is a registered vow of Kendall County who shall be appointed by rite Ch IMM of the County Board with the advice and consent of the County Baud. g. Only one person froth each governmental qmq and the member-at-large represented by this agent may cast a vote.AID MAY Only vote in the absence of the raanbm appointed to the y-mCom Executive Board.Vhen the member is present,the alterrrafe MAY not vote nor may tbey constitute a tnennber for purpm of dtUmmination of a quorum- 3. All actions taken by the�m Executive Board will follow proccdurres establisbed in Roberts K.ules of Order,exert that it veto of away action may ooccu as follows: a. By the Member representing the County Board b. By two of the four members reW esenting the four cities and villages. PW 3 d 9 C. By three of the five members representing the Fire Protection Districts. It is fur%eI agreed,however,that any veto exercised hereunder mAY be overridden by an affirmation vote of eight{8}meshes of the KenCom Executive Board. 4. That in design of the E9-1-1 System,a backup or secondary Public Safety Answering Paint(PSAP)is necessary- Th+e parties hereto agree that such PSAP shall be designed within the constraints of the primary 9-1-1 telephone service provider for Kendall County S. in design oftht E•9-1-1 System,the patties agm,within design constraints of the primary 9-1.1 telephone service ptavider for Kendall County,all lines cstming from the ttspeetive four cities Saul viler to the Central PSAP,including all future atMXations to said cities and villages"be grouped tO Pit exclusion from the System if in the fUUM arty of said cities or Allag"should choose to operate itWpendtnt of the courgwide systems. 6. That each of the t adeipalitie s or&C protection districts hereto may,by giving 1,460 days notice to the Chairam of the County Board,withdraw from Kei COm providing that campliaace be made with 83 Illinois AdInitiistcative Cade,Part 725. Said notice shalt be in writing and signed by tine President of the Fite pMteection District or the Mayor or village President of the municipality- 7. itrfembers of*e KMCam Executive Board may only be moved by the Chairmn of the Couuity Board with the advice and consent of the R 858 or 'tlillage Prasident of a city or village,or President of the Board of Trustees of die' Fire Protection District who appointed the member to the Bow. The�stries do fittther agree dW upon rOquftt by the Mayor,Village President,or ft p4or 9 Fire Protection District President,any such respective member will be removed.Any vacancy on the KenCom Executive Board must be filled within 90 days,or the County Hoard Chaimian%'III appoint a member from that unit Of total g0vemrne nt who meets the same qualifications as set forth above. S. That the y enCotm Executive Board as app0inted hereunda shall meet and organize in accordance organization the rules of organion in Robert"s Rules of Order including but not limited to the elextion of s President,Settetarl+and such other officers as the Board may dean from time to time necessary. It is expressly agreed,however,that all me rmbtrs of the KenCom Executive;Bored as heminabctve Structured spoil be eligible for the office of President exccpt for the Sheriff of Kendall County. 9. That the parties expressly acknowledge*at prWocols may differ for dispatch betrwem twits of local govermmmt and the County Shn iffl s office. it is the intent of this went that central dispatch shall accommodate the individual needs of all parties to this Agr+em nt to the extent standardization requirements of the Illinois Commerce Commission permit. 10.Upon creation of this KenCOm Executive Board them is simultaneously created an Operations Board hereafter refer to as apeja6ons Board. The purpose of the Operations Board is to coordinate,Momitor No oversee the actual operation of all communications ender the jurisdiction of the KenCom Executive Board subject only to policy being eMbfidied by IfienCOra Exceud"Board.Mle members of the dons Board sbatl be ermined from time to time by the twits of local gone rtunent who am sipatorie s to this Asmu mt,or as Waved by the Executive Board•The moons Board shall contain repprentatives fr+ n PW S at 9 each unit of local govenunent. Such members shall be persons who work on a day to day basis%%ith the usem of the E-9-i-1 system. Such membership of the operations Board is allocated as follows: Na;:a often.,oft nail Curve tneM N9MhK AMMben Kendall County Sheriffs Office 1 United City of Yorkville 1 Village of Newark 1 City of Plano 1 Village ofOswcgv 1 Lisbon-Srward lire Protection District 1 Newark lire Protection District i Little Rock-lox put Protection District t Oswego lure Protection District 1 Bristol-Kendall lire Prvtet6411 District 1 Appointment as a comber or alter to the KenCom Operations hoard shall be amde by the units of local gover matt being served by KenCont,and approved by the KenCom Executive Board. The statutory responsibility of the Emergent!'TclepYrarn Systems Board(bTSB) shall,upon ratification of this latent by all participating units of local govet=►rnent, be assumed by dw KenCm Executive Boated.Th+ereafler,the KMCom ExecLove Board shell delegate to the operations Board the yesponsibility of the planting,design and operation of the IA q.I_1 Win. It is the itu ration of this Agreement than the KenCom Executive Bond shall continue to operate as the fiscal and policy oversight Board for the E- -I-# rystem. tie b or 9 As part of the ftscat responsibility of the KenCom Executive Board,a 9-1-1 surcharge budget shall be prepared and approved by the Board. To Kencom Operations board shall review and authorize payment of bills as they bt=n:e due.on a monody basis,as tong as they area part of the approved budget. At the quarterly meeting of the KenCom Executive Board,a report will be presented by the Bow's appointed Treasurer, listing all bills paid for their review and approval. 'The parties'hmto further expressly agft that the Director of Cava MutucatiOns shall be Wected by the KenCom Executive Hoard acid that fnsc al and polio'jurisdiction shall be executed by the KenCom Executive Board. It is further agreed that the: employed 13iractar of Communications shad not be lm appointed memb�a of the Ker+Com Executive Board. 11.Any unit Of 1001 governiT"t heteundm tixay beteaft choose to operate dispatch locally providing all 1r-9-1-1 disFateh shalt continue under the auspices avid open on of KenCom. 12.That the parties hereto agree gear this Agreement sluitl be reviewed annually from the date that this went is signed by all parties- 13.No carn�ons shall be paid to any member of the KtnCoin Executive Board for official duties as a member of the KenCom Executive Board. 14.The KetMI County Emergmy pliom S Mee and Communications Board shall comply with wd be subject to the€?pry►M Act and tic Fpm of lnifornn260n Acct. Tlse Exectuive Boatd shall meet quarterly and shall comply with the statutes of tht State of Illinois regarding meetings. This agreement shall be such to all Vim'AV eMents and all prior Agrec�are hereby nullified and repealed. pale 7 of 9 IS.If any provision of this Agreement is held to be invalid,that provision shall be stricken from this Agreement and the remain+ng pro%'sions shall continue in(till force and effect to the fullest extent possible. Adopted this day of County of Kendall By: Attest; Adopted this _day of ' Kendall Coutty Sheriffs MCC By: Attest' Adopted this r _-.._day of City of Piano By: Attest: Adopted this deny of United City of Yot"lle By: Attest: - Adopted this �day of Village ofhiews* By: Attest: Adopted this day of village of Oswego By: ---- Attest: Adopted this _ day of Lisbon-Seward Fire Protection District By: Attest: Adapted this . day of t Newark AM Protraction District By: Attest: Adopted this_.day of ' Little Rock Fax Fire Protection District By: Attest: Adopted lbs day of Bxistol•Kl Fire pion District By. Attest: Adopted this_ day of Oswego Fire Protection District By: Ate: Pape o of 9 EXHIBIT ] 1.i uut the County of Kendall shall pay the sure of 1.6395 million dollars each year to,wards the Coss of Ken Corn dispatching services. 2. That all Costs as provided herein(are described in the Bch with a ha1a o the of that provided for in paragraph one(1 1 be divided in threethe average of the at system allocasing the shared cast PV rtiorly based p CAD ticket count calls made by the jurisdiction Of the participatic$a& es' e of the CAD ticket count rdz 1 be made based upon the July 3.That the three year avcrag based 1°to June 30*dates for each respective year and the ensuing Year averaging ailo io qt y 1�,of upon the average CAD ticket count calls made for the thme each respective year beginning on July 1,2010- 4,That Cenci an the l't day of Miry 2011 the County of K.end'all as one of theirs flue agencies will and a its amual contribution in the amount It 1�day of Mg 2411,each off`the same marts a ell the agencies).Also ctserag p ip g agencies,tnchomg sloe Kendall County Shy"s office,s6s11 pay its eve e°` as defused in Exhibit 1b)fos tl a of operation in excus Of t1t+e 1.b395 mt'11ic�n "Prcrrema$ { a e CAD ticket COW calls as above dt�trnbed-Each of the dollars based the three y verag to fill on iwlaY la or e4 y allocated over the obligadons of the respective agencies my be paid ensuing,Months oar to the next yearly maraud contribution,obligation. Providing however that the vile of Oswego,the,City of Yorkville and the City of Plano will pay no&iU9 the first year care on Dv0cWbe9 1,2011 and in the two(2)years t December 1,2412 and Dems1aa 1,2013,shall pay�following stuns on namely Seven Thousand($37,000.00)Dollars;Yorkville luiay 1"of the applicable year:� 000.00)Donets•"lam the Twenty Two Thousand($22,000.003:1'x°Sixes( as the other pardeipating agencies based fmcgoing MvnielpaUties shall pay in the some manner upon their calcrrtated share. o regard to any budget defrcicMies for the two( V� amount balm December 1,2012 and Dererrtbet 1,2"013,the ETSB will pay the budget up to the sum of(►w Hundred Fifty Thousand(S15t1,Ot10.00)Dollars per Yew- 5. on or before Plovembar l st of each yen'herea ,the Ken Carr►Executive�+ flue Ken Cam disp smvie bad for the next ftsW year� be have adopted herein of*e t ofbudgdary and shall notify each of ft 1066 p �fiscal Year beginning May 1"of the divided a the p�cipatilig agendas for the following Year. '=--^vH1131T A D eflntoon -Cost" of KENCOM OPGmtion AOWSIS L� gdptlm PlMO+tN>;.t. 84.50 01024M4101 ohmw 83 o 0102-M4105 AOWW t 13kOcW 134,522 002.08i02 NA + 735,WD 0102.038103 ow 103.71 010E-03"10ti ovar"o 44.8 0102-03"110 md"P" 01024"14 �•Trw � Tait l Psmwow 1,171,578 ggemoW FAW EFKA' U*r%*to WWWS .Im.ftrA#'Ift KOM" COUOV IkW f +Us**W KOWO CaUM lied cm dy►tM {0 tierda rtl*3 � 2 01023 p�rµemb�p� 788 01024 C<�� 2AB g10243"m Tromv 5.7w 1 itwiattta" 0102-G 8 01024"10 ub Wn' 1. 01024*mr TOAPWW 0102 smvle PAN" 48,387 01824354" 0102 1 RWp t IM" 04024354100 �-*W aay �r e� Tats!Cams"d COWAC 1'537 010243s4w OMM Sam 220 01024WMI P~ in -0 0102 N 2AG1 1401 011k� 4 tl1 Tow 1.t339.� powR Tate# Percentages Cost OWSOM over S1.095 Mluticn The following is the fomula for how Coat ova SUMS trillion dollars am to be allows d 8 OW particigatinll agme es• If erne or more of the Aipcit s lilted is fret of tlsis agf + their share of Cant shell bo portioMy alla►catrd n tttea prrticipating alias. Cosa over S 1.6395 million deltas shell be atta*ed 15%to Fire SmVice WAdc$ 85Y.to Forke Savice SOM60S Within the Fire Sc+r CC sgecwiM Cast alloee W'a a*Fitt SWjmSWrY4Wlb9 Pm rated to tub Fire G8MCYbaW on that ABWMrs PO'cod of the toter Firs Savke CA' ticket tort m"&for a 3 yrsar avaage July 1.1 of emtt eve ym beja&g on July 1,2410' `[ho scene m *0 be toed for the patitx 5exviae�. Co. Reviewed By: Agenda Item Number J� 0'o Legal PS #1 M. _ 1836 Finance ❑ Engineer ❑ Tracking Number City Administrator ❑ 9 �`=0 Chief of Police PS 2011-29 <LE Agenda Item Summary Memo Title: Ordinance Prohibiting Sale/Possession of Synthetic Cannabis and Other Synthetic Drugs Meeting and Date: City Council/October 11, 211 Synopsis: This ordinance would ban the sale and possession of synthetic cannabis and other synthetic alternative drugs. Council Action Previously Taken: Date of Action: Action Taken: Item Number: Type of Vote Required: Council Action Requested: Submitted by: Rich Hart, Chief of Police Police Department Name Department Agenda Item Notes: Ordinance No. 2011- AN ORDINANCE OF THE UNITED CITY OF YORKVILLE,KENDALL COUNTY, ILLINOIS, REGARDING THE PROHIBITION OF THE SALE, POSSESSION OR USE OF SYNTHETIC CANNABIS AND OTHER SYNTHETIC ALTERNATIVE DRUGS WHEREAS, the United City of Yorkville (the "City") is a duly organized and validly existing non home-rule municipality created in accordance with the Constitution of the State of Illinois of 1970 and the laws of the State; and, WHEREAS, the City has encountered products being sold at commercial businesses within its corporate boundaries containing compounds originally designed as synthetic alternatives (i.e., synthetic cannabinoids, synthetic stimulants and/or synthetic psychedelic/hallucinogens) to prohibited controlled substances such as tetrahydrocannibol (THC), cathinone, methcathinone, MDMA and MDEA; and WHEREAS, the City finds that products containing such synthetic alternatives may be purchased for recreational use currently as an alternative to otherwise regulated controlled substances banned at the Federal and State levels; and WHEREAS, the City finds that products containing synthetic cannabinoids, synthetic stimulants and synthetic psychedelic/hallucinogens are particularly attractive to children and young adults due to their availability in small packages at neighborhood stores at minimal costs, as well as due to the names being given to these substances which are intended to appeal to children and young adults; and WHEREAS, the Drug Enforcement Administration ("DEA") has determined that the consumption of synthetic cannabinoids can have adverse health effects such as agitation, anxiety, nausea, vomiting, tachycardia, elevated blood pressure, tremors, seizures, hallucinations, paranoid behavior and non-responsiveness; and WHEREAS, the DEA has determined that consumption of synthetic stimulants affect alertness, and have been linked to severe psychotic episodes, increased heart rates, panic attacks, and hallucinations; and WHEREAS, the American Association of Poison Control Centers has reported 2,700 synthetic cannabinoid-related calls to poison control centers in 49 different states; and WHEREAS, the City is also aware of fatal overdoses in other Illinois communities and in other States, which are believed to have resulted from the users' consumption of synthetic stimulants, cannabinoids or psychedelic/hallucinogens; and WHEREAS, the City deems it necessary and desirable to prohibit the sale, delivery, possession and use of products containing synthetic cannabinoids, synthetic stimulants and synthetic psychedelic/hallucinogens in order to protect the public health, safety and welfare of the citizens of the City. NOW, THEREFORE, BE IT ORDAINED by the City Council of the United City of Yorkville, Kendall County, Illinois, as follows: Section One: That the recitals set forth in the preamble are incorporated herein by reference the same as if they were set forth herein verbatim and they are adopted as the findings of the City Council of the United City of Yorkville. Section Two: That Title 5, Chapter 3 of the Yorkville City Code, as amended, be and is hereby amended by adding Section 5-3-12 to read as follows: "5-3-12: Synthetic Alternative Drugs. A. Definitions. For purposes of this section, the following definitions shall apply unless the context clearly indicates or requires different meaning: (1) A product containing a synthetic alternative drug means any product containing a synthetic cannabinoid, stimulant or psychedelic/hallucinogen, as those terms are defined herein such as, but not limited to, the examples of brand names or identifiers listed in subsections two, three and four. (2) Synthetic cannabinoid means any laboratory-created compound that functions similar to the active ingredient in marijuana, tetrahydrocannabinol (THC), including, but not limited to, any quantity of a natural or synthetic material, compound, mixture, preparation, substance and their analog (including isomers, esters, ethers, salts, and salts of isomers) containing a cannabinoid receptor agonist, such as: • JWH-007 (1-pentyl-2-methyl-3-(1-naphthoyl)indole) • JWH-015 ((2-Methyl-l-propyl-lH-indol-3-yl)-1-naphthalenylmethanone) • JWH-018 (1-pentyl-3-(1-naphthoyl)indole) • JWH-019 (1-hexyl-3-(naphthalen-l-oyl)indole) • JWH-073 (naphthalen-1-yl-(1-butylindol-3-yl)methanone) • JWH-081 (4-methoxynaphthalen-1-yl-(1-pentylindol-3-yl)methanone) • JWH-098 (4-methoxynaphthalen-l-yl-(1-pentyl-2-methylindol-3-yl)methanone) • JWH-122 (1-Pentyl-3-(4-methyl-l-naphthoyl)indole) • JWH-164 (7-methoxynaphthalen-1-yl-(1-pentylindol-3-yl)methanone • JWH-200 (1-(2-morpholin-4-ylethyl)indol-3-yl)-naphthalen-1-ylmethanone) • JWH-203 (2-(2-chlorophenyl)-1-(1-pentylindol-3-yl)ethanone • JWH-210 (4-ethylnaphthalen-1-yl-(1-pentylindol-3-yl)methanone • JWH-250 (1-pentyl-3-(2-methoxyphenylacetyl)indole) • JWH-251 (1-pentyl-3-(2-methylphenylacetyl)indole) • JWH-398 (1-pentyl-3-(4-chloro-l-naphthoyl)indole) 2 • HU-210 ((6aR,lOaR)-9-(Hydroxymethyl)-6,6-dimethyl-3-(2-methyloctan-2-yl)- 6a,7,10,10a-tetrahydrobenzo [c]chromen-1-ol) • HU-211 ((6aS,lOaS)-9-(Hydroxymethyl)-6,6-dimethyl-3-(2-methyloctan-2-yl)- 6a,7,10,10a-tetrahydrobenzo [c]chromen-1-ol) • HU-308 ([(1R,2R,5R)-2-[2,6-dimethoxy-4-(2-methyloctan-2-yl)phenyl]-7,7- dimethyl-4-bicyclo[3.1.1]hept-3-enyl] methanol) • HU-331 ((3-hydroxy-2-[(1R,6R)-3-methyl-6-(1-methylethenyl)-2-cyclohexen-l-yl]- 5-pentyl-2,5-cyclohexadiene-l,4-dione) • CP 55,940 (2-[(1R,2R,5R)-5-hydroxy-2-(3-hydroxypropyl) cyclohexyl]- 5-(2- methyloctan-2-yl)phenol) • CP 47,497 (2-[(IR,3S)-3-hydroxycyclohexyl]- 5- (2-methyloctan-2-yl)phenol) and its homologues • WIN 55,212-2 ((R)-(+)-[2,3-Dihydro-5-methyl-3-(4-morpholinylmethyl)pyrrolo [1,2,3-de)-1,4-benzoxazin-6-yl]-1-nepthalenylmethanone) • RCS-4 ((4-methoxyphenyl)(1-pentyl-lH-indol-3-yl)methanone) • RCS-8 (1-(1-(2-cyclohexylethyl)-1H-indol-3-yl)-2-(2-methoxyphenyl)ethanone) Street names for synthetic cannabinoids may include,but are not limited to, the following: • K2 Ultra Incense • K2 Thai Dream • K2 Summit • K2 Blonde • K2 Solid Sex • K2 Sky • K2 Huckleberry • K2 Citron • K2 Pink • K2 Pineapple • K2 Standard • K2 Ultra • Spice • Kronic Skunk Blend • Wickedspice • Formula 420 • Quick Fix Plus • Cloud Nine Incense • Smoke Buddy • Triad Blue Label 1 • Purple Haze Max • Flying Buddha Nirvana • Flying Buddha Rubia • Flying Buddha Royal • Flying Buddha Zen 3 • Flying Buddha Rose • Flying Buddha Aqua • Flying Buddha Golden • Black Mamba Strawberry • Black Mamba Tangerine • Black Mamba Vanilla (3) Synthetic stimulant means any compound that mimics the effects of any federally controlled Schedule I substance such as cathinone, methcathinone, MDMA and MDEA, including, but not limited to, any quantity of a natural or synthetic material, compound, mixture, preparation, substance and their analog (including salts, isomers, and salts of isomers) containing substances which have a stimulant effect on the central nervous system, such as: • 3-Fluoromethcathinone • 4-Fluoromethcathinone(other name: flephedrone) • 3,4-Methylenedioxymethcathinone (other name: methylone, MDMC) • 3,4-Methylenedioxypyrovalerone (other name: MDPV) • 4-Methylmethcathinon (other names: mephedrone, 4-MMC) • 4-Methoxymethcathinone (other names: methedrone, bk-PMMA, PMMC) • 4-Ethylmethcathinone (other name: 4-EMC) • Ethcathinone • Beta-keto-N-methylbenzodioxyolylpropylamine (other names: butylone, bk- MBDB) • Napthylpyrovalerone (other names: naphyrone,NRG-1) • N,N-dimethylcathinone (other name: metamfepramone) • Alpha-pyrrolidinopropiophenone (other name: alpha-PPP) • 4-methoxy-alpha-pyrrolidinopropiophenone(other name: MOPPP) • 3,4-methylenedioxy-alpha-pyrrolidinopropiophenone (other name: MDPPP) • Alpha-pyrrolidinovalerophenone (other name: alpha-PVP) • 6,7-kihydro-5H-indeno(5,6-d)-1,3-dioxal-6-amine) (other name: MDAI) • Any compound that is structurally derived from 2-amino-l-phenyl-l-propanone by modification or substitution in any of the following ways: • in the phenyl ring to any extent with alkyl, alkoxy, alkylenedioxy, haloalkyl, or halide substituents, whether or not further substituted in the phenyl ring by one or more other univalent substituents; • at the 3-position with an alkyl substituent; • at the nitrogen atom with alkyl, dialkyl,benzyl, or methoxybenzyl groups; • or by inclusion of the nitrogen atom in a cyclic structure. Street names for synthetic stimulants may include, but are not limited to, the following: • Bliss • Blue Silk • Cloud Nine 4 • Drone • Energy-1 • Ivory Wave • Lunar Wave • Meow Meow • Ocean Burst • Pure Ivory • Purple Wave • Red Dove • Snow Leopard • Stardust • Vanilla Sky • White Dove • White Knight • White Lightening (4) Synthetic psychedelic/hallucinogen means any compound that mimics the effectsof any federally controlled Schedule I substance, including but not limited to, any quantity of a natural or synthetic material, compound, mixture, preparation, substance and their analog (including salts, isomers, esters, ethers and salts of isomers) containing substances which have a psychedelic/hallucinogenic effect on the central nervous system and/or brain, such as: • 2-(2,5-Dimethoxy-4-ethylphenyl)ethanamine (2C-E); • 2-(2,5-dimethoxy-4-methylphenyl)ethanamine (2C-D); • 2-(4-Chloro-2,5-dimethoxyphenyl)ethanamine (2C-C); • 2-(4-Iodo-2,5-dimethoxyphenyl)ethanamine (2C-I); • 2-(4-(Ethylthio)-2,5-dimethoxyphenyl)ethanamine (2C-T-2); • 2-(4-(Isopropylthio)-2,5-dimethoxyphenyl)ethanamine (2C-T-4); • 2-(2,5-Dimethoxyphenyl)ethanamine (2C-H); • 2-(2,5-Dimethoxy-4-nitro-phenyl)ethanamine(2C-N); • 2-(2,5-Dimethoxy-4-(n)-propylphenyl)ethanamine (2C-P). Street names for synthetic psychedelic/hallucinogens may include, but are not limited to, the following: • Maria Pastoria • Sally-D • Salvia B. Sale or Delivery. It shall be unlawful for any person to sell, offer for sale or deliver any product containing a synthetic cannabinoid, stimulant or psychedelic/hallucinogen. C. Possession. It shall be unlawful for any person to knowingly possess a product containing a synthetic cannabinoid, stimulant or psychedelic/hallucinogen. 5 D. Use. It shall be unlawful for any person to be under the influence of a synthetic cannabinoid, stimulant or psychedelic/hallucinogen. E. Penalties. The first time within a 12 month period any person is found to be in violation of this Section shall receive a written notice of violation and a minimum fine of five hundred dollars ($500). Subsequent violations within a 12 month period shall be punished by a minimum fine of seven hundred fifty dollars ($750) and the revocation of a tobacco and/or liquor license, if any, for a minimum of one (1) business day. Each violation of this section, or everyday a violation continues to exist, shall constitute a new and separate violation. Section Three: That this Ordinance shall be in full force and effect upon its passage, approval, and publication as provided by law. Section Four: That all ordinances or parts of ordinances thereof in conflict herewith are hereby repealed to the extent of any such conflict. Section Five: That any Section or provision of this ordinance that is construed to be invalid or void shall not affect the remaining sections or provisions which shall remain in full force and effect thereafter. Passed by the City Council of the United City of Yorkville, Kendall County, Illinois this day of , A.D. 2011. CITY CLERK ROSE ANN SPEARS DIANE TEELING GEORGE GILSON JR. JACKIE MILSCHEWSKI CARLO COLOSIMO MARTY MUNNS CHRIS FUNKHOUSER LARRY KOT Approved by me, as Mayor of the United City of Yorkville, Kendall County, Illinois, this day of 2011. MAYOR 6 �<0 D CO. Reviewed By: Agenda Item Number O Legal ❑ ADM#1 Finance EST.;�, ,,_ iris Engineer El Tracking Number e try City Administrator O� Consultant ❑ CC 2011-104 �o ,Y Agenda Item Summary Memo Title: Bond Refinancing Ordinance Meeting and Date: City Council 10/11/11 Synopsis: See attached memo. Council Action Previously Taken: Date of Action: Action Taken: Item Number: Type of Vote Required: Majority Council Action Requested: Approval Submitted by: Rob Fredrickson Finance Name Department Agenda Item Notes: C/. Memorandum f `§ To: Mayor& City Council EST. 1836 From: Rob Fredrickson, Finance Director O< ' f.7 Date: September 7, 2011 � 5� eqq Subject: Bond Issuance Ordinance Ner.m COnty @,eII <CE �>'�• Tonight you are being asked to approve an ordinance authorizing the issuance of the 2011 General Obligation Refunding Bonds, which is the final step of the bond issuance process. The proceeds from this bond, in the amount of$11,140,000, will be used to refund the 2005D (Rob Roy) and 2008 Refunding Bonds. The bonds will mature on December 30, 2025 and have a stated interest rate of 4.28%. Regarding the City's recent debt downgrade by Standard & Poor's, the only real impact associated with the downgrade is the requirement for bond insurance, which will add approximately$145,000 to the issuance cost. However, it is the recommendation of staff that the City proceed with the bond refunding, as interest rates remain historically low. In addition, the refunding will allow the City to ease cash flow constraints allowing for the systematic reduction of debt service being included on the property tax rolls. MINUTES of a regular public meeting of the City Council of the United City of Yorkville, Kendall County, Illinois, held in the City Council Chambers of the City Building, located at 800 Game Farm Road, in said City at 7:00 o'clock P.M., on the 11th day of October, 2011. The Mayor called the meeting to order and directed the City Clerk to call the roll. Upon roll call, the following answered present: Gary J. Golinski, the Mayor, and the following Aldermen at said location answered present: The following were absent: The Mayor announced that in order to finance the necessary improvements to the waterworks and sewerage system of the City, it would be necessary for the City to issue alternate bonds and that the City Council would consider the adoption of an ordinance authorizing the issuance of such bonds. The Mayor announced that the City Council would next consider the adoption of an ordinance entitled: AN ORDINANCE authorizing and providing for the issue of $11,140,000 General Obligation Refunding Bonds (Alternate Revenue Source), Series 2011, of the United City of Yorkville, Kendall County, Illinois, for the purpose of refunding the City's General Obligation Bonds (Alternate Revenue Source), Series 2005D and General Obligation Refunding Bonds (Alternate Revenue Source), Series 2008, prescribing all the details of said bonds, and providing for the collection and segregation of revenues sufficient to pay such bonds. CH12_2665111.5 Alderman moved that the ordinance as presented and read by title by the Clerk be adopted. Alderman seconded the motion. A City Council discussion of the matter followed. gave a public recital of the nature of the matter, which included statements (1) that the ordinance provides for the issuance of alternate bonds for the purpose of paying the costs of refunding all of the City's General Obligation Bonds (Alternate Revenue Source), Series 2005D and General Obligation Refunding Bonds (Alternate Revenue Source), Series 2008, (2) that the bonds are issuable without referendum pursuant to the Local Government Debt Reform Act, as amended, (3) that the ordinance provides for the bonds to be paid by certain sales taxes and other available revenues, but there is also a back-up levy of property taxes to pay the bonds, and (4) that the ordinance provides many details for the bonds, including tax-exempt status covenants, provision for terms and form of the bonds, and appropriations. After the full and complete discussion thereof, the Mayor directed that the roll be called for a vote upon the motion to adopt the ordinance as read by title. Upon the roll being called, the following Aldermen voted AYE: NAY: ABSENT: ABSTAIN: 2 CH12_2665111.5 Whereupon the Mayor declared the motion carried and the ordinance adopted, and henceforth did sign the same in open meeting and did direct the City Clerk to record the same in full in the records of the City Council of the City. Other business not pertinent to the adoption of said ordinance was duly transacted at said meeting. Upon motion duly made and seconded, the meeting was adjourned. City Clerk 3 CH12_2665111.5 ORDINANCE NUMBER 2011- AN ORDINANCE authorizing and providing for the issue of $11,140,000 General Obligation Refunding Bonds (Alternate Revenue Source), Series 2011, of the United City of Yorkville, Kendall County, Illinois, for the purpose of refunding the City's General Obligation Bonds (Alternate Revenue Source), Series 2005D and General Obligation Refunding Bonds (Alternate Revenue Source), Series 2008, prescribing all the details of said bonds, and providing for the collection and segregation of revenues sufficient to pay such bonds. Adopted by the City Council of said City on the 11 th day of October, 2011. CH12_2665111.5 TABLE OF CONTENTS SECTION HEADING PAGE Preambles........................................................................................................................................ 1 Section1. Definitions................................................................................................... 5 Section 2. Incorporation of Preambles......................................................................... 8 Section 3. Determination to Issue Bonds..................................................................... 8 Section 4. Determination of Useful Life...................................................................... 8 Section5. Bond Details................................................................................................ 8 Section 6. Registration of Bonds; Persons Treated as Owners.................................. 10 Section7. Redemption............................................................................................... 12 Section 8. Redemption Procedure.............................................................................. 13 Section9. Form of Bond............................................................................................ 16 Section 10. Treatment of Bonds as Debt. .................................................................... 30 Section 11. Creation of Sales Tax Revenue Fund........................................................ 30 Section12. Flow of Funds. ..........................................................................................30 Section 13. Account Excesses......................................................................................32 Section14. Sale of Bonds............................................................................................ 32 Section 15. Pledged Taxes; Tax Levy.......................................................................... 33 Section 16. Filing with County Clerk. ......................................................................... 34 Section 17. Abatement of Pledged Taxes. ................................................................... 34 Section 18. Pledged Revenues; General Covenants. ...................................................35 Section 19. Additional Bonds and Subordinate Bonds................................................37 Section 20. Bonds No Longer Outstanding. ................................................................ 38 Section 21. Provisions a Contract................................................................................ 38 Section 22. Use of Proceeds......................................................................................... 38 i CH12_2665111.5 Section 23. Call of the Refunded Bonds...................................................................... 39 Section 24. No Continuing Disclosure Undertaking....................................................39 Section 25. General Tax Covenants.............................................................................40 Section 26. Registered Form........................................................................................40 Section 27. Pertaining to the Bond Registrar...............................................................41 Section 28. Defeasance. ...............................................................................................42 Section 29. Municipal Bond Insurance........................................................................43 Section 30. Superseder and Effective Date..................................................................43 ii CH12_2665111.5 ORDINANCE No. 2011- AN ORDINANCE authorizing and providing for the issue of $11,140,000 General Obligation Refunding Bonds (Alternate Revenue Source), Series 2011, of the United City of Yorkville, Kendall County, Illinois, for the purpose of refunding the City's General Obligation Bonds (Alternate Revenue Source), Series 2005D and General Obligation Refunding Bonds (Alternate Revenue Source), Series 2008, prescribing all the details of said bonds, and providing for the collection and segregation of revenues sufficient to pay such bonds. WHEREAS, the United City of Yorkville, Kendall County, Illinois (the "City"), is a duly organized and existing municipality created under the provisions of the laws of the State of Illinois, is now operating under the provisions of the Illinois Municipal Code, as supplemented and amended (the "Municipal Code"), and has owned and operated a combined waterworks and sewerage system (the "System") in accordance with the provisions of Division 139 of Article 11 of the Municipal Code; and WHEREAS, the City Council of the City(the"Corporate Authorities")has determined that it is advisable, necessary and in the best interests of City to refund the outstanding principal amount of the City's General Obligation Bonds (Alternate Revenue Source), Series 2005D and the City's General Obligation Refunding Bonds (Alternate Revenue Source), Series 2008 (collectively, the "Refunded Bonds" or the "Prior Bonds") the proceeds of which Bonds were used to finance improvements to the System; and WHEREAS, the Refunded Bonds are presently outstanding and unpaid and are binding and subsisting legal obligations of the City; and WHEREAS, the cost of refunding the Refunded Bonds (the "Refunding") including legal, financial, bond discount, placement fee, printing and publication costs and other expenses is an CH12_2665111.5 amount not to exceed $12,000,000 and there are insufficient funds on hand and lawfully available to pay all of such costs; and WHEREAS, pursuant to and in accordance with the provisions of the Municipal Code, the City is authorized to issue (without either a front-door and back-door referendum) its waterworks and sewerage revenue bonds for the purpose of providing funds to pay the costs of the Refunding (the "Revenue Bonds"); and WHEREAS, as provided in Section 15 of the Local Government Debt Reform Act of the State of Illinois, as supplemented and amended (the "Act"), whenever revenue bonds have been authorized to be issued pursuant to the Municipal Code, the City may issue its general obligation bonds in lieu of such revenue bonds as authorized, and such general obligation bonds may be referred to as "alternate bonds"; and WHEREAS, for the purpose of providing funds to pay the costs of the Refunding and in accordance with the provisions of the Act, the Corporate Authorities, on the 9th day of August, 2011, adopted Ordinance No. 2011-43 (the "Authorizing Ordinance"), authorizing the issuance of General Obligation Refunding Bonds (Alternate Revenue Source), as provided in the Act, in an amount not to exceed $12,000,000 (the"Alternate Bonds"); and WHEREAS, on the 11th day of August, 2011, the Authorizing Ordinance, together with a separate notice in statutory form, was published in the Kendall County Record, the same being a newspaper of general circulation in the City, and an affidavit evidencing the publication of the Authorizing Ordinance and said notice have heretofore been presented to the Corporate Authorities and made a part of the permanent records of the City; and WHEREAS, more than thirty (30) days have expired since the date of publication of the Authorizing Ordinance and said notice, and no petitions with the requisite number of valid 2 CH 12_2665111.5 signatures thereon have been filed with the City Clerk requesting that the question of the issuance of the Alternate Bonds be submitted to referendum; and WHEREAS, the Refunding constitutes a lawful corporate purpose within the meaning of the Act; and WHEREAS, the Corporate Authorities are now authorized to issue the Alternate Bonds in an aggregate principal amount of$11,140,000, in accordance with the provisions of the Act, and the Corporate Authorities hereby determine that it is necessary and desirable that there be issued at this time $11,140,000 of the Alternate Bonds so authorized; and WHEREAS, the Alternate Bonds to be issued will be payable from the Pledged Revenues and the Pledged Taxes,both as hereinafter defined; and WHEREAS, pursuant to the Act, the Corporate Authorities must determine that the Revenues (as hereinafter defined) will be sufficient to provide or pay in each year to final maturity of the Alternate Bonds all of the following: (1) costs of operation and maintenance of the utility or enterprise, but not including depreciation, (2) debt service on all outstanding revenue bonds payable from the Revenues, (3) all amounts required to meet any fund or account requirements with respect to such outstanding revenue bonds, (4) other contractual or tort liability obligations, if any, payable from such Revenues and (5) in each year an amount not less than 1.25 times debt service of the Alternate Bonds proposed to be issued, and all outstanding alternate bonds payable from such Revenues previously issued and outstanding; and WHEREAS, the City has not previously pledged the Revenues to the payment of any bonds or other indebtedness of the City; and WHEREAS, such determination of the sufficiency of the Revenues are supported by the report dated the date hereof(the "Report") of Speer Financial, Inc., Chicago, Illinois ("Speer"), 3 CH12_2665111.5 which Report has been presented to and accepted by the Corporate Authorities and is now on file with the City Clerk; and WHEREAS, pursuant to and in accordance with the provisions of the Bond Issue Notification Act of the State of Illinois, the Mayor of the City (the "Mayor"), called a public hearing (the "Hearing") for the 23rd day of August, 2011, concerning the intent of the Corporate Authorities to sell not to exceed $12,000,000 General Obligation Refunding Bonds (Alternate Revenue Source); and WHEREAS, notice of the Hearing was given (i) by publication at least once not less than seven (7) nor more than thirty (30) days before the date of the Hearing in the Kendall County Record, the same being a newspaper of general circulation in the City, and (ii)by posting at least 48 hours before the Hearing a copy of said notice at the principal office of the Corporate Authorities; and WHEREAS, the Hearing was held on the 23rd day of August, 2011, and at the Hearing, the Corporate Authorities explained the reasons for the proposed bond issue and permitted persons desiring to be heard an opportunity to present written or oral testimony within reasonable time limits; and WHEREAS, the Hearing was finally adjourned on the 23rd day of August, 2011, and not less than seven (7) days have passed since the final adjournment of the Hearing; and WHEREAS, the Property Tax Extension Limitation Law of the State of Illinois, as amended by Public Act 89-385 (the "Tax Limitation Law"), imposes certain limitations on the "aggregate extension" of certain property taxes levied by the City,but provides that the definition of"aggregate extension" contained in Section 18-185 of the Tax Limitation Law does not include "extensions . . . payments of principal and interest on bonds issued under Section 15 of the Local Government Debt Reform Act;" and 4 CH12_2665111.5 WHEREAS, the County Clerk of Kendall County, Illinois (the "County Clerk"), is therefore authorized to extend and collect said direct annual ad valorem tax so levied for the payment of the Alternate Bonds for the Project without limitation as to rate or amount; Now, THEREFORE, BE IT ORDAINED by the City Council of the United City of Yorkville, Kendall County, Illinois, as follows: Section 1. Definitions. The following words and terms used in this Ordinance shall have the following meanings unless the context or use clearly indicates another or different meaning is intended: "Act" means the Local Government Debt Reform Act of the State of Illinois, as supplemented and amended. "Additional Bonds" means any alternate bonds issued in the future in accordance with the provisions of the Act on a parity with and sharing ratably and equally in the Pledged Revenues with the Bonds. "Alternate Bond and Interest Account (2011)" means the Alternate Bond and Interest Account (2011) established hereunder and further described by Section 12 of this Ordinance. "Authorized Officer" means any of the Mayor, Treasurer, Finance Director and City Clerk of the City. "Bond" or "Bonds" means one or more, as applicable, of the General Obligation Refunding Bonds (Alternate Revenue Source), Series 2011, authorized to be issued by this Ordinance. "Bond Fund" means the Alternate Bond Fund (2011) established hereunder and further described by Section 16 of this Ordinance. "Bond Register" means the books of the City kept by the Bond Registrar to evidence the registration and transfer of the Bonds. 5 CH 12_2665111.5 "Bond Registrar"means The Bank of New York Mellon Trust Company, N.A., Chicago, Illinois, or any successor thereto or designated hereunder, in its capacity as bond registrar hereunder. "City"means the United City of Yorkville, Kendall County, Illinois. "City Clerk"means the City Clerk of the City. "Code"means the Internal Revenue Code of 1986, as amended. "Corporate Authorities"means the City Council of the City. "Expense Fund" means the fund established hereunder and further described by Section 22 of this Ordinance. "Fiscal Year" means a twelve-month period beginning May 1 of the calendar year and ending on the next succeeding April 30. "Mayor"means the Mayor of the City. "Municipal Code"means the Illinois Municipal Code, as supplemented and amended. "Ordinance" means this ordinance as originally adopted and as the same may from time to time be amended or supplemented. "Outstanding Bonds" means the Bonds and any Additional Bonds which are outstanding and unpaid;provided, however, such term shall not include Bonds or Additional Bonds (i) which have matured and for which moneys are on deposit with proper paying agents, or are otherwise properly available, sufficient to pay all principal and interest thereof, or (ii) the provision for payment of which has been made by the City by the deposit in an irrevocable trust or escrow of funds or direct, full faith and credit obligations of the United States of America or obligations guaranteed by the United States of America, the principal and interest of which will be sufficient to pay at maturity or as called for redemption all the principal of and interest and applicable premium on such Bonds or Additional Bonds. 6 CH12_2665111.5 "Paying Agent" means The Bank of New York Mellon Trust Company, N.A., Chicago, Illinois, or any successor thereto or designated hereunder, in its capacity as paying agent hereunder. "Pledged Moneys"means, collectively, Pledged Revenues and Pledged Taxes as both are defined herein. "Pledged Revenues" means (i) those Revenues on deposit in the Alternate Bond and Interest Account (2011) of the Revenue Fund, and (ii) such other funds of the City as may be necessary and on hand from time to time and lawfully available for such purpose. "Pledged Taxes" means the ad valorem taxes levied against all of the taxable property in the City without limitation as to rate or amount, pledged hereunder by the City as security for the Bonds. "Prior Bonds"has the meaning set forth in the preambles. "Prior Ordinances"means the 2005D Ordinance and the 2008 Ordinance. "Refunding"has the meaning set forth in the preambles. "Revenue Fund" means the Sales Tax Revenue Fund created and established pursuant to Section 11 of this Ordinance. "Revenues" means distributions of sales taxes imposed by the City and collected by the State of Illinois pursuant to Sections 8-11-1.3 and 8-11-1.4 of the Illinois Municipal Code consisting of the Non-Home Rule Municipal Retailers Occupation Tax and Non-Home Rule Municipal Service Occupation Tax. "Surplus Account" means the Surplus Account created and established pursuant to Section 12 of this Ordinance. "System"has the meaning set forth in the preambles. 7 CH12_2665111.5 "Tax Agreement" means the Tax Certificate and Agreement of the City dated the date of issuance of the Bonds. "Treasurer"means the Treasurer of the City. "2005D Ordinance" means Ordinance Number 2005-88 adopted by the Corporate Authorities of the City on October 25, 2005 and the Bond Order executed pursuant thereto. "2008 Ordinance"means the Ordinance adopted by the Corporate Authorities of the City on December 22, 2008 authorizing the issuance of the City's General Obligation Refunding Bonds (Alternate Revenue Source), Series 2008. Section 2. Incorporation of Preambles. The Corporate Authorities hereby find that all of the recitals contained in the preambles to this Ordinance are full, true and correct and do incorporate them into this Ordinance by this reference. The Report is hereby accepted and approved by the Corporate Authorities, and it is hereby found and determined that Speer is a feasibility analyst having a national reputation for expertise in such matters as the Report. Section 3. Determination to Issue Bonds. It is necessary and in the best interests of the City to undertake the Refunding for the public health, safety and welfare, in accordance with the estimate of costs, as described, and in accordance with the provisions of the Municipal Code and the Act. Section 4. Determination of Useful Life. The Corporate Authorities do hereby determine the period of usefulness of the System to be not less than 25 years from the date hereof. Section 5. Bond Details. For the purpose of paying the cost of the Refunding, there shall be issued and sold the Bonds in the aggregate principal amount of$11,140,000. The Bonds shall each be designated "General Obligation Refunding Bond (Alternate Revenue Source), Series 2011", shall be dated the date of issuance thereof, and shall also bear the date of 8 CH 12_2665111.5 authentication, shall be in fully registered form, shall be in minimum denominations of$100,000 each or authorized integral multiples of$5,000 in excess thereof. The Bonds shall be issued as a term Bond, shall be numbered R-1, and shall become due and payable on December 30, 2025 in the principal amount of$11,140,000 and bearing interest at the rate or 4.280%per annum. The Bonds shall bear interest from their date or from the most recent interest payment date to which interest has been paid or duly provided for, until the principal amount of the Bonds is paid, such interest (computed upon the basis of a 360-day year of twelve 30-day months)being payable on the June 30 and December 30 of each year, commencing on December 30, 2011. Principal (and premium, if any) upon redemption and interest on each Bond shall be paid by check or draft of the Paying Agent, in lawful money of the United States of America, to the person in whose name such Bond is registered (the "Registered Owner") at the close of business on the 15th day of the month of the interest payment date or 15 days preceding any redemption date of Bonds on other than the 30th day of the month (the "Record Date"); provided that payment of interest on any Bond shall be made to the Registered Owner of$1,000,000 or more in aggregate principal amount of Bonds as of the close of business of the Paying Agent on the Record Date by wire transfer to such Registered Owner on such interest payment date upon written notice from such Registered Owner containing the wire transfer address within the United States of America to which the Registered Owner wishes to have such wire directed which notice is received not later than the Business Day preceding such Record Date. The principal of the Bonds payable at maturity shall be payable in lawful money of the United States of America upon presentation thereof at the principal corporate trust office of the Paying Agent in Chicago, Illinois, or at a successor Paying Agent address. The Bonds shall be signed by the manual or facsimile signature of the Mayor, and shall be attested by the manual or facsimile signature of the City Clerk, and the corporate seal of the 9 CH12_2665111.5 City shall be affixed thereto or printed thereon, and in case any officer whose signature shall appear on any Bond shall cease to be such officer before the delivery of such Bond, such signature shall nevertheless be valid and sufficient for all purposes, the same as if such officer had remained in office until delivery. All Bonds shall have thereon a certificate of authentication substantially in the form hereinafter set forth duly executed by the Bond Registrar as authenticating agent of the City for this issue and showing the date of authentication. No Bond shall be valid or obligatory for any purpose or be entitled to any security or benefit under this Ordinance unless and until such certificate of authentication shall have been duly executed by the Bond Registrar by manual signature, and such certificate of authentication upon any such Bond shall be conclusive evidence that such Bond has been authenticated and delivered under this Ordinance. The certificate of authentication on any Bond shall be deemed to have been executed by the Bond Registrar if signed by an authorized officer of the Bond Registrar, but it shall not be necessary that the same officer sign the certificate of authentication on all of the Bonds issued hereunder. Section 6. Registration of Bonds; Persons Treated as Owners. The City shall cause books for the registration and for the transfer of the Bonds as provided in this Ordinance to be kept at the principal corporate trust office of the Bond Registrar, which is hereby constituted and appointed the registrar of the City for this issue. The City is authorized to prepare, and the Bond Registrar shall keep custody of, multiple Bond blanks executed by the City for use in the transfer and exchange of Bonds. Each Bond shall be transferable or exchangeable in accordance with its terms, only upon the books of the City kept for that purpose at the principal office of the Bond Registrar by the registered owner in person, or by its attorney duly authorized in writing, upon surrender of such Bond together with a written instrument of transfer or exchange satisfactory to the Bond 10 CH12_2665111.5 Registrar duly executed by the registered owner, or its attorney duly authorized in writing; provided however that unless waived in writing by the City, no Bond shall be transferred upon the books required to be kept by the Registrar, to any person prior to receipt by the Registrar and the City of an investor letter in the form and substance satisfactory to the City duly executed and delivered by the transferee of such Bond. Upon surrender for transfer of any Bond at the principal corporate trust office of the Bond Registrar upon satisfaction of the conditions set forth above, duly endorsed by, or accompanied by a written instrument or instruments of transfer in form satisfactory to the Bond Registrar and duly executed by the registered owner or his attorney duly authorized in writing, the City shall execute and the Bond Registrar shall authenticate, date and deliver in the name of the transferee or transferees a new fully registered Bond or Bonds of the same maturity of authorized denominations, for a like aggregate principal amount. Any fully registered Bond or Bonds may be exchanged at said office of the Bond Registrar for a like aggregate principal amount of Bond or Bonds of the same maturity of other authorized denominations. The execution by the City of any fully registered Bond shall constitute full and due authorization of such Bond and the Bond Registrar shall thereby be authorized to authenticate, date and deliver such Bond; provided, however, the principal amount of outstanding Bonds of each maturity authenticated by the Bond Registrar shall not exceed the authorized principal amount of Bonds for such maturity less previous retirements. The Bond Registrar shall not be required to transfer or exchange any Bond during the period from the close of business on the 15th day of the calendar month of an interest payment date on the Bonds or during the period of 15 days preceding the giving of notice of redemption of Bonds or to transfer or exchange any Bond all or a portion of which has been called for redemption. 11 CH12_2665111.5 The person in whose name any Bond shall be registered shall be deemed and regarded as the absolute owner thereof for all purposes, and payment of the principal of or interest on any Bond shall be made only to or upon the order of the registered owner thereof or his legal representative. All such payments shall be valid and effectual to satisfy and discharge the liability upon such Bond to the extent of the sum or sums so paid. No service charge shall be made for any transfer or exchange of Bonds, but the City or the Bond Registrar may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any transfer or exchange of Bonds, except in the case of the issuance of a Bond or Bonds for the unredeemed portion of a Bond surrendered for redemption. Section 7. Redemption. (a) Optional Redemption. The Bonds shall be subject to redemption prior to maturity at the option of the City, in whole or in part, and if in part in minimum denominations of$5,000 and increments of $5,000 in excess thereof, on any date on or after December 30, 2020 at a redemption price (expressed as a percentage of the principal amount of the Bonds to be redeemed) as set forth below, plus accrued and unpaid interest to the date of redemption as follows: REDEMPTION DATES REDEMPTION PRICES December 30, 2020 through December 29, 2021 101% December 30, 2021 and thereafter 100% After any such redemption the bonds shall remain in a minimum denomination of not less than $100,000. Any optional redemption of the Bonds in part shall be applied to reduce the amount of Bonds required to be redeemed by mandatory sinking fund redemption as described below in such order as the City may determine. 12 CH 12_2665111.5 (b) Mandatory Sinking Fund Redemption. The Bonds shall be subject to mandatory sinking fund redemption and payment at maturity, in accordance with the provisions set forth below, at a redemption price of 100% of the principal amount to be redeemed plus accrued interest, without premium on December 30 of the years and in the amounts set forth below: YEAR PRINCIPAL AMOUNT 2013 $ 660,000 2014 685,000 2015 715,000 2016 745,000 2017 780,000 2018 810,000 2019 845,000 2020 885,000 2021 920,000 2022 960,000 2023 1,000,000 2024 1,045,000 2025 1,090,000 The principal amounts of Bonds to be mandatorily redeemed, if any, in each year may be reduced through the earlier optional redemption thereof, with any partial optional redemptions of such Bonds credited against future mandatory redemption requirements in such order of the mandatory redemption dates as the City may determine. In addition, on or prior to the 60th day preceding any mandatory redemption date, the Bond Registrar may, and if directed by the Corporate Authorities shall, purchase Bonds required to be retired on such mandatory redemption date. Any such Bonds so purchased shall be cancelled and the principal amount thereof shall be credited against the mandatory redemption required on such next mandatory redemption date. Section 8. Redemption Procedure. The City shall, at least 45 days prior to the redemption date (unless a shorter time period shall be satisfactory to the Bond Registrar), notify the Bond Registrar of such redemption date and of the maturities and principal amounts of Bonds 13 CH12_2665111.5 to be redeemed. For purposes of any redemption of less than all of the Bonds of a single maturity, the particular Bonds or portions of Bonds to be redeemed shall be selected by lot not more than 60 days prior to the redemption date by the Bond Registrar for the Bonds of such maturity by such method of lottery as the Bond Registrar shall deem fair and appropriate. The Bond Registrar shall promptly notify the City in writing of the Bonds or portions of Bonds selected for redemption and, in the case of any Bond selected for partial redemption, the principal amount thereof to be redeemed. Unless waived by the registered owner of Bonds to be redeemed, official notice of any such redemption shall be given by the Bond Registrar on behalf of the City by mailing the redemption notice by first class mail not less than 30 days and not more than 60 days prior to the date fixed for redemption to each registered owner of the Bond or Bonds to be redeemed at the address shown on the Bond Register or at such other address as is furnished in writing by such registered owner to the Bond Registrar. Unless moneys sufficient to pay the redemption price of the Bonds to be redeemed are received by the Bond Registrar prior to the giving of such notice of redemption, such notice may, at the option of the City, state that said redemption will be conditional upon the receipt of such moneys by the Bond Registrar on or prior to the date fixed for redemption. If such moneys are not received, such notice will be of no force and effect, the City will not redeem such Bonds, and the Bond Registrar will give notice, in the same manner in which the notice of redemption has been given, that such moneys were not so received and that such Bonds will not be redeemed. Otherwise, prior to any redemption date, the City will deposit with the Bond Registrar an amount of money sufficient to pay the redemption price of all the Bonds or portions of Bonds which are to be redeemed on the date. All official notices of redemption shall include the full name of the Bonds and at least the information as follows: 14 CH 12_2665111.5 (a) the redemption date; (b) the redemption price; (c) if less than all of the outstanding Bonds of a particular maturity are to be redeemed, the identification (and, in the case of partial redemption of Bonds within such maturity, the respective principal amounts) of the Bonds to be redeemed; and (d) a statement that on the redemption date the redemption price will become due and payable upon each such Bond or portion thereof called for redemption and that interest thereon shall cease to accrue from and after said date. On or prior to any redemption date, the City shall deposit with the Paying Agent an amount of money sufficient to pay the redemption price of all the Bonds or portions of Bonds which are to be redeemed on that date. Subject to the provisions for a conditional notice of redemption described above, official notice of redemption having been given as aforesaid, the Bonds or portions of Bonds so to be redeemed shall, on the redemption date, become due and payable at the redemption price therein specified, and from and after such date (unless the City shall default in the payment of the redemption price), such Bonds or portions of Bonds shall cease to bear interest. Neither the failure to mail such redemption notice, nor any defect in any notice so mailed, to any particular registered owner of a Bond, shall affect the sufficiency of such notice with respect to other registered owners. Notice having been properly given, failure of a registered owner of a Bond to receive such notice shall not be deemed to invalidate, limit or delay the effect of the notice or redemption action described in the notice. Such notice may be waived in writing by a registered owner of a Bond entitled to receive such notice, either before or after the event, and such waiver shall be the equivalent of such notice. Waivers of notice by registered owners shall be filed with 15 CH12_2665111.5 the Bond Registrar,but such filing shall not be a condition precedent to the validity of any action taken in reliance upon such waiver. Bonds to be redeemed shall be paid by the Paying Agent at the redemption price. The procedure for the payment of interest and principal due as part of the redemption price shall be as provided in Section 5 for payment of principal at redemption and interest otherwise due. The Paying Agent shall maintain a schedule of all payments of principal and premium on the Bonds and shall make a notation in such schedule upon each payment of principal and premium of the Bonds whether at maturity or upon optional or mandatory redemption. In the event of any discrepancy between the principal amount of the Bonds as set forth in the Bond and as set forth in such schedule, the schedule shall be conclusive, absent manifest error. If any Bond or portion of a Bond called for redemption shall not be so paid, the principal shall, until paid or duly provided for, bear interest from the redemption date at the rate borne by the Bond or portion of Bond so called for redemption. Section 9. Form of Bond. The Bonds shall be prepared in substantially the following form; provided, however, that if the text of any Bond is to be printed in its entirety on the front side of any Bond, then paragraph [2] and the legend, "See Reverse Side for Additional Provisions", shall be omitted and paragraphs [6] through [16] shall be inserted immediately after paragraph [1]: 16 CH12_2665111.5 (FORM OF BOND-FRONT SIDE) REGISTERED REGISTERED No: R-1 $11,140,000 [NEITHER THIS BOND NOR ANY INTEREST HEREIN MAY BE TRANSFERRED OR CONVEYED EXCEPT IN ACCORDANCE WITH THE TERMS AND PROVISIONS OF THE BOND ORDINANCE REFERRED TO HEREIN] UNITED STATES OF AMERICA STATE OF ILLINOIS COUNTY OF KENDALL UNITED CITY OF YORKVILLE GENERAL OBLIGATION REFUNDING BOND (ALTERNATIVE REVENUE SOURCE) SERIES 2011 See Reverse Side for Additional Provisions Interest Maturity Dated Rate: 4.280% Date: December 30, 2025 Date: October 26, 2011 Registered Owner: Capital One Public Funding, LLC Principal Amount: Eleven Million One Hundred Forty Thousand Dollars [1] KNOW ALL PERSONS BY THESE PRESENTS, that the United City of Yorkville, Kendall County, Illinois (the "City"), hereby acknowledges itself to owe and for value received promises to pay to the Registered Owner identified above, or registered assigns as hereinafter provided, on the Maturity Date identified above, the Principal Amount identified above and to pay interest (computed on the basis of a 360-day year of twelve 30-day months) on such Principal Amount from the date of this Bond or from the most recent interest payment date to which interest has been paid or duly provided for at the Interest Rate per annum set forth above on June 30 and December 30 of each year, commencing December 30, 2011, until said Principal Amount is paid. The principal of this Bond at maturity is payable in lawful money of the United States of America at the principal corporate trust office of The Bank of New York Mellon Trust 17 CH12_2665111.5 Company, N.A., Chicago, Illinois, as paying agent (the "Paying Agent"). Payment of the installments of interest and principal and premium, if any,upon redemption of the Bonds shall be made to the Registered Owner hereof as shown on the registration books of the City maintained by The Bank of New York Mellon Trust Company, N.A., Chicago, Illinois, as bond registrar(the "Bond Registrar"), at the close of business on the 15th day of the month of each interest payment date or 15 days preceding any redemption date of Bonds (the "Record Date") and shall be paid by check or draft of the Paying Agent, payable in lawful money of the United States of America, mailed to the address of such Registered Owner as it appears on such registration books or at such other address furnished in writing by such Registered Owner to the Bond Registrar"); provided that payment of interest on any Bond shall be made to the Registered Owner of $1,000,000 or more in aggregate principal amount of Bonds as of the close of business of the Paying Agent on the Record Date by wire transfer to such Registered Owner on such interest payment date upon written notice from such Registered Owner containing the wire transfer address within the United States of America to which the Registered Owner wishes to have such wire directed which notice is received not later than the Business Day preceding such Record Date. [2] Reference is hereby made to the further provisions of this Bond set forth on the reverse hereof and such further provisions shall for all purposes have the same effect as if set forth at this place. [3] It is hereby certified and recited that all acts, conditions and things required to be done precedent to and in the issuance of this Bond have been done and have happened and have been performed in regular and due form of law; that the indebtedness of the City, including the issue of Bonds of which this is one, does not exceed any limitation imposed by law; that provision has been made for the collection of the Pledged Revenues, the levy and collection of 18 CH12_2665111.5 the Pledged Taxes and the segregation of the Pledged Moneys to pay the interest hereon as it falls due and also to pay and discharge the principal hereof at maturity; and that the City hereby covenants and agrees that it will properly account for the Pledged Moneys and will comply with all the covenants of and maintain the funds and accounts as provided by the Bond Ordinance. [4] This Bond shall not be valid or become obligatory for any purpose until the certificate of authentication hereon shall have been signed by the Bond Registrar. [5] IN WITNESS WHEREOF, said United City of Yorkville, Kendall County, Illinois,by its City Council, has caused this Bond to be signed by the manual or duly authorized facsimile signature of its Mayor and attested by the manual or duly authorized facsimile signature of its City Clerk, and its corporate seal to be affixed hereto or printed hereon, all as of the Dated Date identified above. Mayor [SEAL] ATTEST: City Clerk Date of Authentication: , 19 CH 12_2665111.5 CERTIFICATE Bond Registrar and Paying Agent: OF The Bank of New York Mellon Trust AUTHENTICATION Company,N.A., Chicago, IL This Bond is one of the Bonds described in the within-mentioned Ordinance and is one of the General Obligation Refunding Bonds (Alternate Revenue Source), Series 2011, of the United City of Yorkville, Kendall County, Illinois. The Bank of New York Mellon Trust Company,N.A., as Bond Registrar By Authorized Officer 20 CH12_2665111.5 STATEMENT OF INSURANCE Assured Guaranty Municipal Corp. ("AGM"), New York, New York, has delivered its municipal bond insurance policy (the "Policy") with respect to the scheduled payments due of principal of and interest on this Bond to The Bank of New York Mellon Trusi Company, N.A., Chicago, Illinois, or its successor, as paying agent for the Bonds (the "Paying Agent"). Said Policy is on file and available for inspection at the principal office of the Paying Agent and a copy thereof may be obtained from AGM or the Paying Agent. All payments required to be made under the Policy shall be made in accordance with the provisions thereof. The owner of this Bond acknowledges and consents to the subrogation rights of AGM as more fully set forth in the Policy. 21 CH12_2665111.5 [Form of Bond - Reverse Side] UNITED CITY OF YORKVILLE KENDALL COUNTY,ILLINOIS GENERAL OBLIGATION REFUNDING BOND (ALTERNATE REVENUE SOURCE) SERIES 2011 [6] This bond and the bonds of the series of which it forms a part ("Bond" and "Bonds" respectively) are part of an issue of Eleven Million One Hundred Forty Thousand Dollars ($11,140,000) of like date and tenor. The Bonds are issued pursuant to the Local Government Debt Reform Act (the "Act") and Division 139 of Article 11 of the Illinois Municipal Code (the "Municipal Code"), all as supplemented and amended, for the purpose of financing the costs of refunding the City's General Obligation Bonds (Alternate Revenue Source), Series 2005D (the "2005D Bonds") and the City's General Obligation Refunding Bonds (Alternate Revenue Source) Series 2008 (the "2008 Bonds" and together with the 2005D Bonds, the "Prior Bonds"). The Bonds are issued pursuant to an authorizing ordinance passed by the City Council of the City (the "Corporate Authorities") on the 9th day of August, 2011, and by a bond ordinance passed by the Corporate Authorities on the 11th day of October, 2011 (the"Bond Ordinance"), to which reference is hereby expressly made for further definitions and terms and to all the provisions of which the Registered Owner by the acceptance of this Bond assents. [7] Under the Municipal Code and the Bond Ordinance, the Revenues, as defined in the Bond Ordinance shall be deposited into the Sales Tax Revenue Fund of the City and transferred to the Alternate Bond and Interest Account (2011) in amounts sufficient to pay debt service owed on the Bonds, which Account shall be used only and has been pledged for paying the principal of and interest and redemption premiums owed on the Bonds. The City may issue future revenue bonds payable from the Revenues, which bonds may be issued on a parity with 22 CH12_2665111.5 the Bonds, pursuant to the terms of the Bond Ordinance provided provisions of the Act have been satisfied. [8] The Bonds are payable from (a) (i) Revenues deposited to the credit of the Alternate Bond and Interest Account (2011) within the Sales Tax Revenue Fund (the "Pledged Revenues"), and (ii) such other funds of the City as may be necessary and on hand from time to time and lawfully available for such purpose and (b) ad valorem taxes levied against all of the taxable property in the City without limitation as to rate or amount (the "Pledged Taxes") (the Pledged Revenues and the Pledged Taxes being collectively called the "Pledged Moneys"), all in accordance with the provisions of the Act and the Municipal Code. For the prompt payment of this Bond, both principal and interest at maturity, the full faith, credit and resources of the City are hereby irrevocably pledged. "Revenues" to be deposited into the Sales Tax Revenue Fund consist of distributions of sales taxes imposed by the City and collected by the State of Illinois pursuant to Sections 8-11- 1.3 and 8-11-1.4 of the Illinois Municipal Code consisting of the Non-Home Rule Municipal Retailers Occupation Tax and Non-Home Rule Municipal Service Occupation Tax. [9] Under the Act and the Bond Ordinance, the Pledged Revenues shall be deposited into and segregated in the Alternate Bond and Interest Account (2011) of the Revenue Fund, and the Pledged Taxes shall be deposited into and segregated in the Alternate Bond Fund (2011), each as created by the Bond Ordinance. Moneys on deposit in said Account and said Fund shall be used first and are pledged for paying the principal of and interest on the Bonds and then for any further purposes as provided by the terms of the Bond Ordinance. [10] This Bond does not constitute an indebtedness of the City within the meaning of any constitutional or statutory provision or limitation, unless the Pledged Taxes shall have been extended pursuant to the general obligation, full faith and credit promise supporting the Bonds, 23 CH 12_2665111.5 in which case the amount of the Bonds then outstanding shall be included in the computation of indebtedness of the City for purposes of all statutory provisions or limitations until such time as an audit of the City shows that the Bonds have been paid from the Pledged Revenues for a complete Fiscal Year. [11] The outstanding Bonds are co-equal as to the lien on the Pledged Revenues for their payment and share ratably, without any preference, priority, or distinction, the one over the other, as to the source of or method of payment from the Pledged Revenues. [12] This Bond is transferable by the Registered Owner hereof in person or by his attorney duly authorized in writing at the principal corporate trust office of the Bond Registrar in Chicago, Illinois, but only in the manner, subject to the limitations and upon payment of the charges provided in the Bond Ordinance, and upon surrender and cancellation of this Bond. Upon such transfer a new Bond or Bonds of authorized denominations of the same maturity and for the same aggregate principal amount will be issued to the transferee in exchange therefor. [13] Notwithstanding any other provision herein, it shall be a condition to any transfer or exchange of Bonds that a new investor's letter in form and substance satisfactory to the City be issued by any subsequent purchaser or transferee of the Bonds and substantially in the form of the investor's letter delivered to the City at the time of issuance of the Bonds. [14] The Bonds are issued in fully registered form in the minimum denominations of $100,000 or authorized integral multiples of $5,000 in excess thereof. This Bond may be exchanged at the principal corporate trust office of the Bond Registrar for a like aggregate principal amount of Bonds of the same maturity of other authorized denominations, upon the terms set forth in the Bond Ordinance. The Bond Registrar shall not be required to transfer or exchange any Bond during the period beginning at the close of business on the 15th day of the month of any interest payment date on such Bond or during the period of 15 days preceding the 24 CH12_2665111.5 giving of notice of redemption of Bonds or to transfer or exchange any Bond all or a portion of which has been called for redemption. [15] The Bonds are subject to redemption prior to maturity at the option of the City, in whole or in part, and if in part in minimum denominations of$5,000 and increments of$5,000 in excess thereof, on any date on or after December 30, 2020 at a redemption price (expressed as a percentage of the principal amount of the Bonds to be redeemed) as set forth below, plus accrued and unpaid interest to the date of redemption. REDEMPTION DATES REDEMPTION PRICES December 30, 2020 through December 29, 2021 101% December 30, 2021 and thereafter 100% Any optional redemption of the Bonds in part shall be applied to reduce the amount of Bonds required to be redeemed by mandatory sinking fund redemption as described below in such order, as elected by the City. The Bonds are also subject to mandatory sinking fund redemption and payment at maturity at a redemption price of 100% of the principal amount to be redeemed plus accrued interest, without premium, on December 30 of the year and in the amount set forth below: YEAR PRINCIPAL AMOUNT 2013 $ 660,000 2014 685,000 2015 715,000 2016 745,000 2017 780,000 2018 810,000 2019 845,000 2020 885,000 2021 920,000 2022 960,000 2023 1,000,000 2024 1,045,000 2025 1,090,000 25 CH12_2665111.5 The Paying Agent shall maintain a schedule of all payments of principal of and premium on the Bonds and shall make a notation in such schedule upon each payment of principal and premium of the Bonds whether at maturity or upon optional or mandatory redemption. The initial payment schedule for the Bonds, which includes the amount of interest payable on the Bonds on each interest payment date and the mandatory sinking fund requirements described above, is attached hereto as Schedule I. Upon any optional redemption of the Bonds, the Paying Agent shall mail to the registered owner of the Bonds and the City a revised payment schedule reflecting the reduction in payments owed on the Bonds after giving effect to such redemption. In the event of any discrepancy between the principal amount of the Bonds as set forth in this Bond and as set forth in such schedule, the schedule shall be conclusive, absent manifest error. The principal amounts of Bonds to be redeemed, if any, in each year may be reduced through the earlier optional redemption thereof, with any partial optional redemptions of such Bonds credited against future mandatory redemption requirements in such order of the mandatory redemption dates as the City may determine. In addition, on or prior to the 60th day preceding any mandatory redemption date, the Bond Registrar may, and if directed by the Corporate Authorities shall, purchase Bonds required to be retired on such mandatory redemption date. Any such Bonds so purchased shall be cancelled and the principal amount thereof shall be credited against the mandatory redemption required on such next mandatory redemption date. [16] Notice of any such redemption shall be given by the Bond Registrar on behalf of the City as provided in the Bond Ordinance. [17] The City, the Paying Agent and the Bond Registrar may deem and treat the Registered Owner hereof as the absolute owner hereof for the purpose of receiving payment of or 26 CH 12_2665111.5 on account of principal hereof and interest due hereon and for all other purposes and neither the City, the Paying Agent nor the Bond Registrar shall be affected by any notice to the contrary. 27 CH 12_2665111.5 ASSIGNMENT FOR VALUE RECEIVED, the undersigned sells, assigns and transfers unto [Here insert identifying number such as TID, SSN, or other] (Name and Address of Assignee) the within Bond and does hereby irrevocably constitute and appoint as attorney to transfer the said Bond on the books kept for registration thereof with full power of substitution in the premises. Dated: Signature guaranteed: NOTICE: The signature to this transfer and assignment must correspond with the name of the Registered Owner as it appears upon the face of the within Bond in every particular, without alteration or enlargement or any change whatever. 28 CH12_2665111.5 SCHEDULEI DEBT SERVICE SCHEDULE 29 CH12_2665111.5 Section 10. Treatment of Bonds as Debt. The Bonds shall be payable from the Pledged Moneys and shall not constitute an indebtedness of the City within the meaning of any constitutional or statutory limitation, unless the Pledged Taxes shall have been extended pursuant to the general obligation, full faith and credit promise supporting the Bonds, as set forth in Section 15 hereof, in which case the amount of the Bonds then Outstanding shall be included in the computation of indebtedness of the City for purposes of all statutory provisions or limitations until such time as an audit of the City shows that the Bonds have been paid from the Pledged Revenues for a complete Fiscal Year, in accordance with the Act. Section 11. Creation of Sales Tax Revenue Fund. All of the Revenues shall be set aside as collected and be deposited in a separate fund and in an account in a bank to be designated by the Corporate Authorities, which fund is hereby created and is designated as the "Sales Tax Revenue Fund" (the "Revenue Fund") of the City. The Revenues shall be immediately deposited upon receipt by the City into the Revenue Fund. Section 12. Flow of Funds. There shall be and there are hereby created two separate accounts in the Revenue Fund to be known as the Alternate Bond and Interest Account (2011) and the Surplus Account, and to which there shall be credited on or before the first day of each month by the financial officer of the City, without any further official action or direction, in the order in which said accounts are hereinafter mentioned, all moneys held in the Revenue Fund, in accordance with the following provisions: (a) Alternate Bond and Interest Account (2011). All moneys in the Revenue Fund shall be credited first to a separate and segregated account hereby created and designated the "Alternate Bond and Interest Account (2011)" of the Revenue Fund (the "Alternate Bond and Interest Account (2011)"), as follows. There shall be paid into the Alternate Bond and Interest Account (2011) in each month the amount of the interest becoming due on the next succeeding 30 CH12_2665111.5 interest payment date on all Outstanding Bonds and the amount of the principal becoming due on the next succeeding principal maturity date or mandatory sinking fund redemption date of all Outstanding Bonds until there shall have been accumulated in the Alternate Bond and Interest Account (2011) on or before the month preceding such payment date of interest or principal, an amount sufficient to pay such principal or interest, or both, of all Outstanding Bonds on such next succeeding payment date. All moneys in said Account shall be used only for the purpose of paying interest on and principal of Bonds and any Additional Bonds. (b) Surplus Account. Any funds remaining in the Revenue Fund after making the aforesaid deposits to the credit of the Alternate Bond and Interest Account (2011), shall be transferred to a separate and segregated account hereby created and designated the "Surplus Account" of the Revenue Fund (the "Surplus Account"). Amounts in the Surplus Account shall be used, first, to make up any subsequent deficiencies in the Alternate Bond and Interest Account (2011); and then, for the remainder of all surplus Revenues, at the discretion of the Corporate Authorities, for one or more of the following purposes without any priority among them: 1. For the purpose of calling and redeeming Outstanding Bonds payable from the Revenues which are callable at the time; or 2. For the purpose of purchasing Outstanding Bonds payable from the Revenues. (c) After there has been accumulated in the Surplus Account an amount equal to 100% of the principal of and interest to accrue on the Outstanding Bonds for the next succeeding Bond Year (June 30 and December 30), any remaining Revenues, may be released at the discretion of the Corporate Authorities and used for any lawful public purpose. 31 CH12_2665111.5 (d) Money to the credit of the Revenue Fund (as hereinafter defined) may be invested pursuant to any authorization granted to municipal corporations by Illinois statute or court decision. Section 13. Account Excesses. Any amounts to the credit of the accounts created by this Ordinance in excess of the then current requirements therefor may be transferred at any time by the Corporate Authorities to such other account or accounts of the Revenue Fund as it may in its sole discretion designate. Section 14. Sale of Bonds. The Bonds hereby authorized shall be executed as in this Ordinance provided as soon after the passage hereof as may be directed by the Authorized Officer, and thereupon be deposited with the City Treasurer, and be by said Treasurer delivered to Capital One Public Funding, LLC, the purchaser thereof (the "Purchaser"), upon receipt of the purchase price therefore, the same being $11,140,000; the contract for the sale of the Bonds heretofore entered into (the "Purchase Contract") is in all respects ratified, approved and confirmed, it being hereby found and determined that the Bonds have been sold at such price and bear interest at such rates that neither the true interest cost (yield) not the net interest rate received upon such sale exceed the maximum rate otherwise authorized by Illinois law and that the Purchase Contract is in the best interests of the City and that no person holding any office of the City, either by election or appointment, is in any manner financially interested directly in his own name or indirectly in the name of any other person, association, trust or corporation, in the Purchase Contract. The officers of the City are hereby authorized to take any actions as may be required on the part of the City to consummate the transactions contemplated by this Ordinance and the Bonds. 32 CH12_2665111.5 There is hereby authorized the payment of a placement fee to William Blair & Co. in the amount of$89,120 for placing the Bonds with the Purchaser. Section 15. Pledged Taxes; Tax Levy. For the purpose of providing additional funds to pay the principal of and interest on the Bonds, and as provided in Section 15 of the Act, there is hereby levied upon all of the taxable property within the City, in the years for which any of the Bonds are Outstanding, a direct annual tax in amounts sufficient for that purpose, and there shall be levied upon all of the taxable property in the City the following direct annual taxes (the "Pledged Taxes"): FOR THE YEAR A TAX SUFFICIENT TO PRODUCE THE SUM OF: 2012 $1,136,792 For principal and interest due June 30, 2013 and December 30, 2013 2013 $1,133,544 2014 $1,134,226 2015 $1,133,624 2016 $1,136,738 2017 $1,133,354 2018 $1,133,686 2019 $1,137,520 2020 $1,134,642 2021 $1,135,266 2022 $1,134,178 2023 $1,136,378 2024 $1,136,652 These taxes shall be in addition to and in excess of all other taxes levied by the City. Following any extension of Pledged Taxes, interest or principal coming due at any time when there are insufficient funds on hand from the Pledged Taxes to pay the same shall be paid promptly when due from current funds on hand in advance of the collection of the Pledged Taxes herein levied; and when the Pledged Taxes shall have been collected, reimbursement shall be made to said funds in the amount so advanced. The City covenants and agrees with the purchasers and the owners of the Bonds that so long as any of the Bonds remain outstanding, the City will take no action or fail to take any 33 CH12_2665111.5 action which in any way would adversely affect the ability of the City to collect the Pledged Revenues or to levy and collect the Pledged Taxes. The City and its officers will comply with all present and future applicable laws in order to assure that the Pledged Revenues will be available and that the Pledged Taxes will be levied, extended and collected as provided herein and deposited in the Bond Fund. Section 16. Filing with County Clerk. After this Ordinance becomes effective, a copy hereof, certified by the City Clerk, shall be filed with the County Clerk. The County Clerk shall in and for each of the years required ascertain the rate percent required to produce the aggregate Pledged Taxes provided to be levied in each of said years; and the County Clerk shall extend the same for collection on the tax books in connection with other taxes levied in said years in and by the City for general corporate purposes of the City; and the County Clerk, or other appropriate officer or designee, shall remit the Pledged Taxes for deposit to the credit of a special fund to be designated the "Alternate Bond Fund (2011)" (the "Bond Fund"), and in said years the Pledged Taxes shall be levied and collected by and for and on behalf of the City in like manner as taxes for general municipal purposes of the City for said years are levied and collected, and in addition to and in excess of all other taxes. The Pledged Taxes are hereby irrevocably pledged to and shall be used only for the purpose of paying principal of and interest on the Bonds. It is hereby expressly provided that in the event there shall be moneys both to the credit of the Alternate Bond and Interest Account (2011) and the Bond Fund, the Bond Fund shall be fully depleted before moneys to the credit of the Alternate Bond and Interest Account (2011) shall be used to pay principal of and interest on the Bonds. Section 17. Abatement of Pledged Taxes. Whenever the Pledged Revenues shall have been determined by the Corporate Authorities to provide in any calendar year an amount not less than 1.00 times debt service of all Outstanding Bonds in the next succeeding Bond Year (June 30 34 CH12_2665111.5 and December 30), the Treasurer or Finance Director shall, prior to the time the Pledged Taxes levied in such calendar year are extended, direct the abatement of the Pledged Taxes for such Bond Year, and proper notification of such abatement shall be filed with the County Clerk in a timely manner to effect such abatement. The City covenants and agrees that it will not direct the County Clerk to abate any other taxes levied for general corporate purposes in a calendar year until sufficient Pledged Revenues have been deposited in the Alternate Bond and Interest Account (2011) and the abatement of the Pledged Taxes for such calendar year has been filed with the County Clerk. Section 18. Pledged Revenues; General Covenants. The City covenants and agrees with the registered owners of the Bonds that, so long as any Bonds remain Outstanding: A. The City hereby pledges the Pledged Revenues to the payment of the Bonds, and the Corporate Authorities covenant and agree to provide for, collect and apply the Pledged Revenues to the payment of the Bonds and the provision of not less than an additional .25 times debt service, all in accordance with Section 15 of the Act. The determination of the sufficiency of the Pledged Revenues pursuant to this subsection (A) shall be supported by reference to the annual audit of the City and acceptance of said Audit by the Corporate Authorities shall be conclusive evidence that the conditions of Section 15 of the Act have been met. B. The City will punctually pay or cause to be paid from the Alternate Bond and Interest Account (2011) and from the Bond Fund the principal of and the interest on the Bonds in strict conformity with the terms of the Bonds and this Ordinance, and it will faithfully observe and perform all of the conditions, covenants and requirements thereof and hereof. C. The City will pay and discharge, or cause to be paid and discharged, from the Alternate Bond and Interest Account (2011) and the Bond Fund any and all lawful claims which, if unpaid, might become a lien or charge upon the Pledged Moneys, or any part thereof, or upon 35 CH12_2665111.5 any funds in the hands of the Paying Agent, or which might impair the security of the Bonds. Nothing herein contained shall require the City to make any such payment so long as the City in good faith shall contest the validity of said claims. D. The City will keep, or cause to be kept, proper books of record and accounts, separate from all other records and accounts of the City, in which complete and correct entries shall be made of all transactions relating to the Project financed with the Prior Bonds, the Pledged Moneys, the Alternate Bond and Interest Account (2011) and the Bond Fund. Such books of record and accounts shall at all times during business hours be subject to the inspection of the registered owners of not less than ten per cent (10%) of the principal amount of the Outstanding Bonds or their representatives authorized in writing. E. The City will preserve and protect the security of the Bonds and the rights of the registered owners of the Bonds, and will warrant and defend their rights against all claims and demands of all persons. From and after the sale and delivery of any of the Bonds by the City, the Bonds shall be incontestable by the City. F. The City will adopt, make, execute and deliver any and all such further ordinances, resolutions, instruments and assurances as may be reasonably necessary or proper to carry out the intention of, or to facilitate the performance of, this Ordinance, and for the better assuring and confirming unto the registered owners of the Bonds of the rights and benefits provided in this Ordinance. G. As long as any Bonds are Outstanding, the City will continue to deposit the Revenues to the Revenue Fund and the Pledged Revenues to the Alternate Bond and Interest Account (2011) and, if applicable, the Pledged Taxes to the Bond Fund. The City covenants and agrees with the purchaser of the Bonds and with the registered owners thereof that so long as any Bonds remain Outstanding, the City will take no action or fail to take any action which in any 36 CH12_2665111.5 way would adversely affect the ability of the City to collect the Pledged Taxes and to collect and to segregate the Pledged Moneys. The City and its officers will comply with all present and future applicable laws in order to assure that the Pledged Taxes can be extended and that the Pledged Revenues and the Pledged Taxes may be collected and deposited to the Alternate Bond and Interest Account (2011) and the Bond Fund, respectively, as provided herein. H. Once issued, the Bonds shall be and forever remain until paid or defeased the general obligation of the City, for the payment of which its full faith and credit are pledged, and shall be payable, in addition to the Pledged Revenues, from the levy of the Pledged Taxes as provided in the Act. I. Within six months following the close of each Fiscal Year, the City will cause the accounts created hereunder to be audited by independent certified public accountants in accordance with appropriate audit standards. Said audit will be available for inspection by the registered owners of any of the Bonds. Section 19. Additional Bonds and Subordinate Bonds. The City reserves the right to issue Additional Bonds from time to time payable from the Pledged Revenues, and any such Additional Bonds shall share ratably and equally in the Pledged Revenues with the Bonds; provided, however, that no Additional Bonds shall be issued except in accordance with the provisions of the Act as the Act is written at this time and demonstrating that the coverage required under the Act for the issuance of alternate bonds payable from the Revenues shall have been met for all Outstanding Bonds. The City also reserves the right to issue revenue bonds from time to time payable from the Revenues that are subordinate to the Bonds or Additional Bonds and are payable from the money remaining in the Surplus Account created hereunder after making required deposits into 37 CH12_2665111.5 the Alternate Bond and Interest Account (2011), and after setting aside the amounts required pursuant to Section 12(c) of this Ordinance. Section 20. Bonds No Longer Outstanding. Bonds which are no longer Outstanding Bonds as defined in this Ordinance shall cease to have any lien on or right to receive or be paid from Pledged Revenues or Pledged Taxes and shall no longer have the benefits of any covenant for the registered owners of Outstanding Bonds as set forth herein as such relates to lien and security of the Bonds in the Pledged Revenues or Pledged Taxes. Section 21. Provisions a Contract. The provisions of this Ordinance shall constitute a contract between the City and the owners of the Outstanding Bonds and no changes, additions, or alterations of any kind shall be made hereto, except as herein provided, so long as there are any Outstanding Bonds. Section 22. Use of Proceeds. The proceeds derived from the sale of the Bonds shall be used as follows: A. Proceeds in the amount of $561,555.02 shall be credited to the Alternate Bond and Interest Account (2011) and applied to pay interest due on the Bonds through December 30, 2012. B. The City shall allocate from the Bond proceeds the sum necessary for (i) payment of any municipal bond insurance premium required to be paid to the bond insurer insuring the Bonds (the "Bond Insurer") which shall be remitted directly to the Bond Insurer, and (ii) expenses incurred in the issuance of the Bonds which shall be deposited into a separate fund, hereby created, designated the "Expense Fund," (the "Expense Fund") to be maintained by the Treasurer and disbursed to pay costs and expenses of issuance of Bonds. Disbursements from such fund shall be made from time to time upon the direction of the Treasurer and such disbursements are hereby authorized. Any excess in said fund shall be deposited into the 38 CH12_2665111.5 Alternate Bond and Interest Account (2011) after six months from the date of issuance of the Bonds, and any deficiencies in the Expense Fund shall be paid by disbursement from the Alternate Bond and Interest Account (2011). C. The balance of the principal proceeds derived from the sale of the Bonds, together with such moneys on deposit in the Bond Funds created pursuant to the Prior Ordinances and as may be required by bond counsel, shall be used to provide for the Refunding and applied to pay the redemption price of the Refunded Bonds on December 30, 2011, by paying such amount to the paying agent for the Refunded Bonds. The Authorized Officers are hereby authorized to enter into an escrow agreement with the paying agent for the Prior Bonds to provide for the Refunding. Section 23. Call of the Refunded Bonds. In accordance with the redemption provisions of the Prior Ordinances, the City by the Corporate Authorities does hereby make provision for the payment of and does hereby call (subject only to the delivery of the Bonds) the Refunded Bonds for redemption and payment prior to maturity on the date of issuance of the Bonds. Notwithstanding the provisions of the Prior Ordinances the holder of the Prior Bonds has agreed to the redemption of the Prior Bonds on the date of issuance of the Bonds at a redemption price of 100% of the principal amount of the Prior Bonds, plus accrued interest to the date of redemption. Section 24. No Continuing Disclosure Undertaking. As the Bonds are being issued in authorized denominations of $100,000 and integral multiples of $5,000 in excess thereof and were offered to a limited number of sophisticated investors the Bonds are exempt from the continuing disclosure requirements of Rule 15c 2-12 adopted by the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended. 39 CH 12_2665111.5 Section 25. General Tax Covenants. The City hereby covenants that it will not take any action, omit to take any action, or permit the taking or omission of any action, within its control (including, without limitation, making or permitting any use of the proceeds of the Bonds) if taking, permitting, or omitting to take such action would cause any of the Bonds to be an arbitrage bond or a private activity bond within the meaning of the Code or would otherwise cause the interest on the Bonds to be included in the gross income of the recipients thereof for federal income tax purposes. The City acknowledges that, in the event of an examination by the Internal Revenue Service of the exemption from Federal income taxation for interest paid on the Bonds, under present rules, the City is treated as the "taxpayer" in such examination and agrees that it will respond in a commercially reasonable manner to any inquiries from the Internal Revenue Service in connection with such an examination. In furtherance of the foregoing provisions,but without limiting their generality, the City agrees: (a) through its officers, to make such further specific covenants, representations as shall be truthful, and assurances as may be necessary or advisable; (b) to comply with all representations, covenants, and assurances contained in Bonds or agreements as may be prepared by counsel approving the Bonds; (c) to consult with such counsel and to comply with such advice as may be given; (d) to file such forms, statements, and supporting documents as may be required and in a timely manner; and (e) if deemed necessary or advisable by its officers, to employ and pay fiscal agents, financial advisors, attorneys, and other persons to assist the City in such compliance. Section 26. Registered Form. The City recognizes that Section 149 of the Code requires the Bonds to be issued and to remain in fully registered form in order for the interest thereon to be and remain tax-exempt. In this connection, the City agrees that it will not take any action to permit the Bonds to be issued in, or converted into,bearer or coupon form. 40 CH12_2665111.5 Section 27. Pertaining to the Bond Registrar. If requested by the Bond Registrar, any officer of the City is authorized to execute a standard form of agreement between the City and the Bond Registrar with respect to the obligations and duties of the Bond Registrar under this Ordinance. In addition to the terms of such agreement and subject to modification thereby, the Bond Registrar by acceptance of duties under this Ordinance agrees (a) to act as registrar, paying agent, authenticating agent, and transfer agent as provided herein; (b) to maintain a list of Bondholders as set forth herein and to furnish such list to the City upon request, but otherwise to keep such list confidential to the extent permitted by law; (c) to cancel and/or destroy Bonds which have been paid at maturity or submitted for exchange or transfer; (d) to furnish the City at least annually a certificate with respect to Bonds cancelled and/or destroyed; and (e) to furnish the City at least annually an audit confirmation of Bonds paid, Bonds outstanding and payments made with respect to interest on the Bonds. The City covenants with respect to the Bond Registrar, and the Bond Registrar further covenants and agrees as follows: A. The City shall at all times retain a Bond Registrar with respect to the Bonds; it will maintain at the designated office(s) of such Bond Registrar a place or places where Bonds may be presented for payment, registration, transfer, or exchange; and it will require that the Bond Registrar properly maintain the Bond Register and perform the other duties and obligations imposed upon it by this Ordinance in a manner consistent with the standards, customs, and practices of the municipal securities industry. B. The Bond Registrar shall signify its acceptance of the duties and obligations imposed upon it by this Ordinance by executing the certificate of authentication on any Bond, and by such execution the Bond Registrar shall be deemed to have certified to the City that it has all requisite power to accept and has accepted such duties and obligations not only with respect to the Bond so authenticated but with respect to all the Bonds. Any Bond Registrar shall be the 41 CH 12_2665111.5 agent of the City and shall not be liable in connection with the performance of its duties except for its own negligence or willful wrongdoing. Any Bond Registrar shall, however, be responsible for any representation in its certificate of authentication on Bonds. C. The City may remove the Bond Registrar at any time. In case at any time the Bond Registrar shall resign, shall be removed, shall become incapable of acting, or shall be adjudicated a bankrupt or insolvent, or if a receiver, liquidator, or conservator of the Bond Registrar or of the property thereof shall be appointed, or if any public officer shall take charge or control of the Bond Registrar or of the property or affairs thereof, the City covenants and agrees that it will thereupon appoint a successor Bond Registrar. The City shall give notice of any such appointment made by it to each registered owner of any Bond within twenty days after such appointment in the same manner. Any Bond Registrar appointed under the provisions of this Section shall be a bank, trust company, or national banking association maintaining its principal corporate trust office in Illinois and having capital and surplus and undivided profits in excess of $100,000,000. The City Clerk is hereby directed to file a certified copy of this Ordinance with the Bond Registrar. Section 28. Defeasance. Any Bond or Bonds which (a) are paid and cancelled, (b) which have matured and for which sufficient sums been deposited with the Bond Registrar to pay all principal and interest due thereon, or (c) for which sufficient United States of America dollars and direct United States Treasury obligations have been deposited with the Bond Registrar or similar institution to pay, taking into account investment earnings on such obligations, all principal of and interest on (and redemption premium, if any, on) such Bond or Bonds when due at maturity or as called for redemption, if applicable, pursuant to an irrevocable escrow or trust agreement, shall cease to have any lien on or right to receive or be paid from the bond moneys hereunder and shall no longer have the benefits of any covenant for the registered 42 CH12_2665111.5 owners of outstanding Bonds as set forth herein as such relates to lien and security of the outstanding Bonds. All covenants relative to the tax-exempt status of the Bonds; and payment, registration, transfer, and exchange; are expressly continued for all Bonds whether outstanding Bonds or not. Section 29. Municipal Bond Insurance. In the event the payment of principal and interest on the Bonds is insured pursuant to a municipal bond insurance policy (the "Municipal Bond Insurance Policy") issued by the issuer of any municipal bond or financial guaranty insurance policy, and as long as such Municipal Bond Insurance Policy shall be in full force and effect, the City and the Bond Registrar agree to comply with such usual and reasonable provisions regarding presentment and payment of the Bonds, subrogation of the rights of the Bondholders to said Insurer when holding Bonds, amendment hereof, or other terms, as approved by the Corporate Authorities on advice of counsel, their approval to constitute full and complete acceptance by the City of such terms and provisions under authority of this section. Section 30. Superseder and Effective Date. All ordinances, resolutions, and orders, or parts thereof, in conflict herewith, are to the extent of such conflict hereby superseded; and this Ordinance shall be in full force and effect upon its passage and approval as provided by law. 43 CH 12_2665111.5 ADOPTED by the Corporate Authorities on the day of October, 2011, pursuant to a roll call vote as follows: GEORGE GILSON,JR. MARTY MUNNS CARLO COLOSIMO CHRIS FUNKHOUSER LARRY KOT DIANE TEELING JACQUELYN MILSCHEWSKI ROSE ANN SPEARS APPROVED by me, as Mayor of the United City of Yorkville, Kendall County, Illinois, the day of October, 2011. MAYOR PASSED by the City Council of the United City of Yorkville, Kendall County, Illinois, the day of October, 2011. Attest: CITY CLERK 44 CH12_2665111.5 STATE OF ILLINOIS ) ) SS COUNTY OF KENDALL ) CERTIFICATION OF ORDINANCE AND MINUTES I, the undersigned, do hereby certify that I am the duly qualified and acting City Clerk of the United City of Yorkville, Kendall County, Illinois (the "City"), and as such officer I am the keeper of the books, records, files, and journal of proceedings of the City and of the City Council (the"Corporate Authorities") thereof. I do further certify that the foregoing constitutes a full, true and complete transcript of the minutes of the legally convened regular meeting of the Corporate Authorities held on the 11th day of October, 2011, insofar as same relates to the adoption of an ordinance numbered and entitled: ORDINANCE NUMBER AN ORDINANCE authorizing and providing for the issue of $11,140,000 General Obligation Refunding Bonds (Alternate Revenue Source), Series 2011, of the United City of Yorkville, Kendall County, Illinois, for the purpose of refunding the City's General Obligation Bonds (Alternate Revenue Source), Series 2005D and General Obligation Refunding Bonds (Alternate Revenue Source), Series 2008, prescribing all the details of said bonds, and providing for the collection and segregation of revenues sufficient to pay such bonds. a true, correct and complete copy of which said ordinance as adopted at said meeting appears in the foregoing transcript of the minutes of said meeting. I do further certify that the deliberations of the Corporate Authorities on the adoption of the Ordinance were taken openly; that the vote on the adoption of the Ordinance was taken openly; that the Meeting was held at a specified time and place convenient to the public; that notice of said Meeting was duly given to all newspapers, radio or television stations, and other CH12_2665111.5 news media requesting such notice, that an agenda for said Meeting was posted at the location where said Meeting was held and at the principal office of the Corporate Authorities by at least p.m. on 2011; a true, correct and complete copy of the agenda is attached hereto as Exhibit A; that the Meeting was called and held in strict compliance with the provisions of the Open Meetings Act of the State of Illinois, as amended, and the Illinois Municipal Code, as amended, and that the Corporate Authorities have complied with all of the provisions of said Act and said Code and with all of the procedural rules of the Corporate Authorities in the adoption of the Ordinance. IN WITNESS WHEREOF, I hereunto affix my official signature and the seal of the City this day of 72011. City Clerk (SEAL) [Attach Agenda hereto as Exhibit A] 2 CH 12_2665111.5