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Home My Public Portal AboutTBP 2021-02-03Board of Trustees Regular Meeting Agenda Fraser Town Hall, 153 Fraser Avenue and Virtually Wednesday February 3, 2021 6:30 PM - 9:00 PM Members of the Board may have dinner together @ 6:00 p.m. NOTE: Times are approximate and agenda subject to change Due to COVID -19 social distancing requirements the Fraser Board Room will only allow for participation of 4 people (not including Board and Staff). People with items scheduled on the agenda will be admitted before any public, not on the agenda, until capacity is reached. All others will have the opportunity to digitally attend the meeting with the information provided below. Virtual Meeting Information https://us02web.zoom.us/j/87558604375 Meeting ID: 875 5860 4375 Phone 1 -669 -900 -9128 Roll Call Approval Of Agenda Executive Session For a conference with the Water Attorney for the purpose of receiving legal advice on specific legal questions under C.R.S. Section 24 -6 -402(4)(b). For the purpose of determining positions relative to matters that may be subject to negotiations, developing strategy for negotiations, and/or instructing negotiators, under C.R.S. Section 24 -6 -402(4)(e). Regarding Project P. Consent Agenda Minutes January 20, 2021 TBM 2021 -01 -20.Pdf Resolution 2021 -02 -01 Approving 4E Conveyance 4E Conveyance TB Briefing January 27, 2021.Pdf Resolution 2021 -02 -01 Approving 4E Conveyance.pdf Rendezvous Colorado To Town Of Fraser Special Warranty Deed For East Mountain Tract 4E -Remaining Property (00517441 -2x9F71D) 1.Pdf Resolution 2010 -10 -02.Pdf Resolution 2015 -10 -04.Pdf Discussion And Possible Action Regarding Cornerstone Attainable Housing Audit Housing Audit TB Briefing January 27, 2021.Pdf 2020 Cornerstone Attainable Housing Plan Audit.pdf Resolution 2007 -06 -02.Pdf United Business Bank Update Approved Signers Resolution 2015 -03 -02.Pdf Open Forum a) Business not on the agenda (If you would like to request time on the agenda please contact the Town Clerk, Antoinette McVeigh at 970 -726 -5491 ext. 201) Updates Financials TOF 10 - October 2020 Financial Statements.pdf TOF 11 - November 2020 Financial Statements.pdf Committee Minutes EDACM 2020 -10 -27.Pdf PAC 11_20_20.Pdf PAC 1_15_21.Pdf Adjourn UPCOMING MEETING WED. FEBRUARY 17, 2021 BOARD OF TRUSTEES 1.6:30 P.M. 2. 3. 4. a. Documents: b. Documents: 5. a. Documents: b. Documents: 6. 7. a. Documents: b. Documents: 8. Board Staff Direct : Define the service, product or value to be delivered Lead : Future focused planning Protect : Establish the operational boundaries to be respected by Staff and monitored by the Board Manage : Now focused policy and procedural guidance to ensure on time, on budget, and on target service delivery Enable : Advocacy, resource development, and role discipline Accomplish : Ensure the work defined by the direction of the Board of Trustees is accomplished Board of TrusteesRegular Meeting AgendaFraser Town Hall, 153 Fraser Avenue and VirtuallyWednesday February 3, 20216:30 PM - 9:00 PMMembers of the Board may have dinner together @ 6:00 p.m. NOTE: Times are approximate and agenda subject to change Due to COVID -19 social distancing requirements the Fraser Board Room will only allow for participation of 4 people (not including Board and Staff). People with items scheduled on the agenda will be admitted before any public, not on the agenda, until capacity is reached. All others will have the opportunity to digitally attend the meeting with the information provided below.Virtual Meeting Information https://us02web.zoom.us/j/87558604375 Meeting ID: 875 5860 4375 Phone 1 -669 -900 -9128Roll CallApproval Of AgendaExecutive Session For a conference with the Water Attorney for the purpose of receiving legal advice on specific legal questions under C.R.S. Section 24 -6 -402(4)(b). For the purpose of determining positions relative to matters that may be subject to negotiations, developing strategy for negotiations, and/or instructing negotiators, under C.R.S. Section 24 -6 -402(4)(e). Regarding Project P.Consent AgendaMinutes January 20, 2021TBM 2021 -01 -20.PdfResolution 2021 -02 -01 Approving 4E Conveyance 4E Conveyance TB Briefing January 27, 2021.Pdf Resolution 2021 -02 -01 Approving 4E Conveyance.pdf Rendezvous Colorado To Town Of Fraser Special Warranty Deed For East Mountain Tract 4E -Remaining Property (00517441 -2x9F71D) 1.Pdf Resolution 2010 -10 -02.Pdf Resolution 2015 -10 -04.Pdf Discussion And Possible Action Regarding Cornerstone Attainable Housing Audit Housing Audit TB Briefing January 27, 2021.Pdf 2020 Cornerstone Attainable Housing Plan Audit.pdf Resolution 2007 -06 -02.Pdf United Business Bank Update Approved Signers Resolution 2015 -03 -02.Pdf Open Forum a) Business not on the agenda (If you would like to request time on the agenda please contact the Town Clerk, Antoinette McVeigh at 970 -726 -5491 ext. 201) Updates Financials TOF 10 - October 2020 Financial Statements.pdf TOF 11 - November 2020 Financial Statements.pdf Committee Minutes EDACM 2020 -10 -27.Pdf PAC 11_20_20.Pdf PAC 1_15_21.Pdf Adjourn UPCOMING MEETING WED. FEBRUARY 17, 2021 BOARD OF TRUSTEES 1.6:30 P.M.2.3.4.a.Documents:b.Documents: 5. a. Documents: b. Documents: 6. 7. a. Documents: b. Documents: 8. Board Staff Direct : Define the service, product or value to be delivered Lead : Future focused planning Protect : Establish the operational boundaries to be respected by Staff and monitored by the Board Manage : Now focused policy and procedural guidance to ensure on time, on budget, and on target service delivery Enable : Advocacy, resource development, and role discipline Accomplish : Ensure the work defined by the direction of the Board of Trustees is accomplished Board of TrusteesRegular Meeting AgendaFraser Town Hall, 153 Fraser Avenue and VirtuallyWednesday February 3, 20216:30 PM - 9:00 PMMembers of the Board may have dinner together @ 6:00 p.m. NOTE: Times are approximate and agenda subject to change Due to COVID -19 social distancing requirements the Fraser Board Room will only allow for participation of 4 people (not including Board and Staff). People with items scheduled on the agenda will be admitted before any public, not on the agenda, until capacity is reached. All others will have the opportunity to digitally attend the meeting with the information provided below.Virtual Meeting Information https://us02web.zoom.us/j/87558604375 Meeting ID: 875 5860 4375 Phone 1 -669 -900 -9128Roll CallApproval Of AgendaExecutive Session For a conference with the Water Attorney for the purpose of receiving legal advice on specific legal questions under C.R.S. Section 24 -6 -402(4)(b). For the purpose of determining positions relative to matters that may be subject to negotiations, developing strategy for negotiations, and/or instructing negotiators, under C.R.S. Section 24 -6 -402(4)(e). Regarding Project P.Consent AgendaMinutes January 20, 2021TBM 2021 -01 -20.PdfResolution 2021 -02 -01 Approving 4E Conveyance 4E Conveyance TB Briefing January 27, 2021.PdfResolution 2021 -02 -01 Approving 4E Conveyance.pdfRendezvous Colorado To Town Of Fraser Special Warranty Deed For East Mountain Tract 4E -Remaining Property (00517441 -2x9F71D) 1.PdfResolution 2010 -10 -02.PdfResolution 2015 -10 -04.PdfDiscussion And Possible Action RegardingCornerstone Attainable Housing AuditHousing Audit TB Briefing January 27, 2021.Pdf2020 Cornerstone Attainable Housing Plan Audit.pdfResolution 2007 -06 -02.PdfUnited Business Bank Update Approved SignersResolution 2015 -03 -02.PdfOpen Foruma) Business not on the agenda(If you would like to request time on the agenda please contact the Town Clerk, Antoinette McVeigh at 970 -726 -5491 ext. 201)UpdatesFinancialsTOF 10 - October 2020 Financial Statements.pdfTOF 11 - November 2020 Financial Statements.pdfCommittee Minutes EDACM 2020 -10 -27.PdfPAC 11_20_20.PdfPAC 1_15_21.PdfAdjournUPCOMING MEETINGWED. FEBRUARY 17, 2021 BOARD OF TRUSTEES1.6:30 P.M.2.3.4.a.Documents:b.Documents:5.a.Documents:b.Documents:6.7.a.Documents:b.Documents:8.Board Staff Direct : Define the service, product or value to be delivered Lead : Future focused planning Protect : Establish the operational boundaries to be respected by Staff and monitored by the Board Manage : Now focused policy and procedural guidance to ensure on time, on budget, and on target service delivery Enable : Advocacy, resource development, and role discipline Accomplish : Ensure the work defined by the direction of the Board of Trustees is accomplished FRASER BOARD OF TRUSTEES MINUTES DATE:January 20, 2021 MEETING:Board of Trustees Regular Meeting PLACE:Fraser Town Hall Board Room and Virtually PRESENT Board:Mayor Philip Vandernail; Mayor Pro-Tem Eileen Waldow; Trustees; Andy Miller, Brian Cerkvenik, Katie Soles, Parnell Quinn and Ryan Barwick Staff:Interim Town Manager Wesley LaVanchy; Town Clerk, Antoinette McVeigh; Town Planner Catherine Trotter; Marketing and Economic Development Manager, Sarah Wieck; Finance Manager, Beth Williams; Public Works Director Russell Pennington; Assistant Town Manager Michael Brack; Police Chief, Glen Trainor Others:N/A Mayor Vandernail called the meeting to order at 6:02 p.m. 1.Rollcall: Mayor Philip Vandernail; Mayor Pro-Tem Eileen Waldow; Trustees; Andy Miller, Brian Cerkvenik, Katie Soles, Parnell Quinn and Ryan Barwick 2.Approval of Agenda: Trustee Soles moved, and Trustee Waldow seconded the motion to approve the agenda. Motion carried: 7-0. 3.Executive Session: For a conference with the Water Attorney for the purpose of receiving legal advice on specific legal questions under C.R.S. Section 24-6-402(4)(b). For the purpose of determining positions relative to matters that may be subject to negotiations, developing strategy for negotiations, and/or instructing negotiators, under C.R.S. Section 24-6- 402(4)(e). Regarding Project P. Including Interim Town Manager Wesley LaVanchy, Plant Superintendent Joe Fuqua, Public Works Director Russell Pennington, Finance Manager Beth Williams, Town Attorney Rod McGowan, Water Attorney Gene Riordan and Jim McLaughlin from Merrick Trustee Cerkvenik moved, and Trustee Soles seconded the motion to open the Executive Session at 6:03 p.m. Motion carried: 7-0. Trustee Soles moved, and Trustee Cerkvenik seconded the motion to close the Executive Session at 7:10 p.m. Motion carried: 7-0. Attorney’s Opinion Required by C.R.S. 24-6-402(2)(d.5)(II)(B). Page 2 of 3 As the attorney representing the Town of Fraser, I am of the opinion that the entire executive session, which was not recorded, constituted a privileged attorney-client communication. _______________________________ Rod McGowan, Town Attorney 4.Executive Session: For a conference with the Town Attorney for the purpose of receiving legal advice on specific legal questions under C.R.S. Section 24-6-402(4)(b), and for the purpose of determining positions relative to matters that may be subject to negotiations, developing strategy for negotiations, and/or instructing negotiators, under C.R.S. Section 24-6- 402(4)(e), regarding development matters. Including Interim Town Manager Wesley LaVanchy, Town Planner Catherine Trotter and Town Attorney Rod McGowan Trustee Cerkvenik moved, and Trustee Soles seconded the motion to open the Executive Session at 7:11 p.m. Motion carried: 7-0. Trustee Soles moved, and Trustee Cerkvenik seconded the motion to close the Executive Session at 8:11 p.m. Motion carried: 7-0. Attorney’s Opinion Required by C.R.S. 24-6-402(2)(d.5)(II)(B). As the attorney representing the Town of Fraser, I am of the opinion that the entire executive session, which was not recorded, constituted a privileged attorney-client communication. _______________________________ Rod McGowan, Town Attorney 5.Executive Session: For a conference with the Town Attorney for the purpose of receiving legal advice on specific legal questions under C.R.S. Section 24-6-402(4)(b), and for the purpose of determining positions relative to matters that may be subject to negotiations, developing strategy for negotiations, and/or instructing negotiators, under C.R.S. Section 24-6- 402(4)(e), regarding real estate matters. Including Interim Town Manager Wesley LaVanchy and Town Attorney Rod McGowan, Town Clerk Antoinette McVeigh and Finance Manager Beth Williams Trustee Cerkvenik moved, and Trustee Quinn seconded the motion to open the Executive Session at 8:13 p.m. Motion carried: 7-0. Trustee Soles moved, and Trustee Quinn seconded the motion to close the Executive Session at 8:25 p.m. Motion carried: 7-0. Attorney’s Opinion Required by C.R.S. 24-6-402(2)(d.5)(II)(B). As the attorney representing the Town of Fraser, I am of the opinion that the entire executive session, which was not recorded, constituted a privileged attorney-client communication. _______________________________ Rod McGowan, Town Attorney Page 3 of 3 6. Consent Agenda: a)Minutes December 09, 2020 b)Minutes December 15, 2020 c)Resolution 2021-01-01 Official Posting Location d)Resolution 2021-01-02 Surety Reduction East Mountain Filing 11 Trustee Barwick moved, and Trustee Waldow seconded the motion to approve the consent agenda. Motion carried: 7-0. 7.Discussion And Possible Action Regarding: a)Cure of Default of Annexation Agreement for Rendezvous West Mountain Trustee Soles moved, and Trustee Cerkvenik seconded the motion to table the discussion and possible action to a future meeting. Motion carried: 7-0. b)Resolution 2020-01-03 Memorandum of Understanding with Mountain Family Center Drop Hunger Trustee Waldow moved, and Trustee Quinn seconded the motion to approve Resolution 2020-01-03 Memorandum of Understanding with Mountain Family Center Drop Hunger. Motion carried: 7-0 c)Resolution 2021-01-04 Approving Purchase Agreement, Young Trustee Waldow moved, and Trustee Barwick seconded the motion to approve Resolution 2021-01-04 Approving Purchase Agreement, Young. Motion carried: 7-0 Town Attorney Rod McGowan was excused. 7. Open Forum: a) Business not on the agenda 8.Updates: Mayor Vandernail resigned from the Transit Advisory Committee and the Economic Development Advisory Committee. Trustee Cerkvenik has been appointed to the Transit Advisory Committee. Applications for the Economic Development Advisory Committee are being accepted. 9.Adjourn: Trustee Soles moved, and Trustee Miller seconded the motion to adjourn. Motion carried: 7-0. Meeting adjourned at 8:40 p.m. _____________________________ Antoinette McVeigh, Town Clerk Town of Fraser PO Box 370, Fraser, CO 80442 office 970-726-5491 fax 970-726-5518 www.frasercolorado.com MEMO TO:Mayor Vandernail and the Board of Trustees FROM:Catherine E. Trotter, AICP, Town Planner DATE:January 27, 2021 SUBJECT:Staff Briefing on Dedication of 4E Open Space MATTER BEFORE BOARD: Resolution accepting the 4E conveyance of real property to the Town of Fraser. ACTION REQUESTED: Approval of Resolution 2021-02-01. BACKGROUND: S e c t i o n 1 0 . 1 0 o f t h e A m e n d e d a n d R e s t a t e d A n n e x a t i o n A g r e e m e n t f o r t h e R e n d e z v o u s P r o p e r t y r e c o r d e d a t R e c e p t i o n # 2 0 0 3 - 0 1 6 7 3 3 d a t e d 1 2 / 3 0 / 2 0 0 3 s t a t e d t h a t t h e “ D e v e l o p e r a g r e e s t o d e d i c a t e o r c o n v e y t o F r a s e r t h e o p e n s p a c e p a r c e l d e s i g n a t e d a s P l a n n i n g A r e a 4 E o n t h e 2 0 0 3 P D D , f o r p u b l i c u s e . ” R e n d e z v o u s r e q u e s t e d t w o e x t e n s i o n s o f t h e t i m e l i n e f o r d e d i c a t i n g o r c o n v e y i n g t h e r e m a i n d e r o f t h e 4 E O p e n S p a c e t o t h e T o w n o f F r a s e r . P l e a s e r e v i e w R e s o l u t i o n 2 0 1 0 - 1 0 - 0 2 a n d a t t a c h e d S e c o n d A m e n d m e n t t o A n n e x a t i o n A g r e e m e n t f o r R e n d e z v o u s E a s t M o u n t a i n a n d R e s o l u t i o n 2 0 1 5 - 1 0 - 0 4 a n d a t t a c h e d T h i r d A m e n d m e n t t o A n n e x a t i o n A g r e e m e n t f o r R e n d e z v o u s E a s t M o u n t a i n . I n c l u d e d i n t h e T o w n B o a r d p a c k e t i s R e s o l u t i o n 2 0 2 1 - 0 2 - 0 1 a c c e p t i n g t h e c o n v e y a n c e o f r e a l p r o p e r t y t o t h e T o w n o f F r a s e r , C o l o r a d o . T h e c o n v e y a n c e i s i n t h e f o r m o f a S p e c i a l W a r r a n t y D e e d a l s o i n c l u d e d i n t h e p a c k e t . ALTERNATIVES: 1.Do nothing. 2.Approve Resolution 2021-02-01 accepting the conveyance of real property AKA 4E open space, to the Town of Fraser for public use pursuant to the Amended and Restated Annextaion Agreement for the Rendezvous Property. STAFF RECOMMENDATION: Staff is recommending approval of Resolution 2021-02-01. Please contact me with questions/concerns. ctrotter@town.fraser.co.us -1- TOWN OF FRASER BOARD OF TRUSTEES Resolution No. 2021-02-01 A RESOLUTION ACCEPTING THE CONVEYANCE OF REAL PROPERTY TO THE TOWN OF FRASER. WHEREAS, Rendezvous Colorado, LLC has tendered a Special Warranty Deed for the conveyance of certain real property to the Town of Fraser, generally referred to as the Tract 4E Remaining Property; and WHEREAS, such conveyance is tendered pursuant to the provisions of the Amended and Restated Annexation Agreement for the Rendezvous Property recorded at Reception No. 2003-0167333 of the Grand County, Colorado records, as amended, WHEREAS, the tendered conveyance does not require approval of any subdivision plat or exemption, because a conveyance of real property to the Town does not constitute a "subdivision" under the Town's subdivision regulations; and WHEREAS, the Board of Trustees finds and determines that it is in the best interests of the Town to accept such tendered conveyance. NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF FRASER, COLORADO, AS FOLLOWS: 1.That the Board of Trustees hereby accepts the conveyance of said real property, as more fully described in the Special Warranty Deed tendered by Rendezvous Colorado, LLC. 2.That the proper officers of the Town are hereby authorized and directed to record said Special Warranty Deed in the office of the Clerk and Recorder of Grand County, Colorado. READ, PASSED ON ROLL CALL VOTE, AND ADOPTED BY THE BOARD OF TRUSTEES THIS _____ day of __________________________, 2021. Votes in favor: ___BOARD OF TRUSTEES OF THE Votes opposed: ___TOWN OF FRASER, COLORADO Absent: ___ Abstained: ___BY:_____________________________ Philip Vandernail, Mayor ATTEST: ( S E A L ) _______________________________ Antoinette, McVeigh, Town Clerk {00517441 / 2 }A-1 EXHIBIT A TRACT 4E-12, TRACT 4E-13, & TRACT 4E-14 ACCORDING TO THE FINAL PLAT OF EAST MOUNTAIN FILING 6, RECORDED AT RECEPTION NO. 2006-003905. TOGETHER WITH: (PARCEL 1) THAT PORTION OF TRACT 4E BOUNDED ON THE SOUTH AND WEST BY EAST MOUNTAIN FILING 2 AND RENDEZVOUS ROAD ACCORDING TO THE FINAL PLAT OF EAST MOUNTAIN FILING 2, RECORDED AT RECEPTION NO. 2002-004557 AND BOUNDED ON THE NORTH AND WEST BY EAST MOUNTAIN-FILING 1 ACCORDING TO THE FINAL PLAT RECORDED AT RECEPTION NO. 2001002997 AND BOUNDED ON THE EAST BY LOT 1, BLOCK 1 ACCORDING TO THE SUBDIVISION EXEMPTION PLAT, MARYVALE PLANNING AREA NO. 6 RECORDED AT RECEPTION NO. 97002393. TOGETHER WITH: (PARCEL 2) THAT PORTION OF TRACT 4E BOUNDED ON THE NORTH, SOUTH, EAST & WEST BY EAST MOUNTAIN FILING 2 AND RENDEZVOUS ROAD ACCORDING TO THE FINAL PLAT OF EAST MOUNTAIN FILING 2, RECORDED AT RECEPTION NO. 2002-004557 AND BOUNDED ON THE NORTH BY EAST MOUNTAIN FILING 1 ACCORDING TO THE FINAL PLAT RECORDED AT RECEPTION NO. 2001002997 AND BOUNDED ON THE WEST BY PIONEER TRAIL AS DESCRIBED IN SPECIAL WARRANTY DEED RECORDED AT RECEPTION NO. 2003-007557 AND BOUNDED ON THE SOUTH BY EAST MOUNTAIN FILING 4 ACCORDING TO THE FINAL PLAT RECORDED AT RECEPTION NO. 2005-011081. TOGETHER WITH: (PARCEL 3) THAT PORTION OF TRACT 4E BOUNDED ON THE NORTH, EAST & WEST BY EAST MOUNTAIN FILING 4 AND DISCOVERY LANE ACCORDING TO THE FINAL PLAT OF EAST MOUNTAIN FILING 4, RECORDED AT RECEPTION NO. 2005-011081 AND BOUNDED ON THE SOUTH BY RENDEZVOUS ROAD ACCORDING TO THE FINAL PLAT OF EAST MOUNTAIN FILING 2, RECORDED AT RECEPTION NO. 2002-004557. TOGETHER WITH: (PARCEL 4) THAT PORTION OF TRACT 4E BOUNDED ON THE NORTH BY TOWN OF FRASER "LINEAR PARK" DESCRIBED IN SPECIAL WARRANTY DEED RECORDED AT RECEPTION NO. 2001003017 AND BOUNDED ON THE EAST BY RENDEZVOUS ROAD AS DESCRIBED IN SPECIAL WARRANTY DEED RECORDED AT RECEPTION NO. 2003-007557 AND TOWN OF FRASER PARCELS DESCRIBED IN SPECIAL WARRANTY DEEDS RECORDED AT RECEPTION NO. 2002- 005294 & RECEPTION NO. 2002-005295 AND EAST MOUNTAIN FILING 9 ACCORDING TO THE FINAL PLAT OF EAST MOUNTAIN FILING 9 RECORDED AT RECEPTION NO. 2015006351 AND BOUNDED ON THE SOUTH BY THE NORTH LINE OF HI COUNTRY HAUS PLANNED UNIT DEVELOPMENT RECORDED AT RECEPTION NO. 125878 AND THE NORTH LINE OF THAT PARCEL OWNED BY GRAND COUNTY WATER AND SANITATION DISTRICT NO. 1 RECORDED AT BOOK 151, PAGE 392 AND BOUNDED ON THE WEST BY TOWN OF FRASER PARCEL DESCRIBED IN SPECIAL WARRANTY DEED RECORDED AT RECEPTION NO. 2001003017 AND RENDEZVOUS COLORADO, LLC PARCEL DESCRIBED IN SPECIAL WARRANTY DEED RECORDED AT RECEPTION NO. 99008336. TOGETHER WITH: (PARCEL 5) THAT PORTION OF TRACT 4E BOUNDED ON THE NORTH BY LOT 5 SAFEWAY-FRASER MARKETPLACE ACCORDING TO THE PLAT RECORDED AT RECEPTION NO. 98006151 AND SPRUCERIDGE TOWNHOMES AT WINTER PARK RANCH ACCORDING TO THE PLAT RECORDED AT RECEPTION NO. 2000004707 AND WINTER PARK RANCH CONDOMINIUMS NO.1 ACCORDING TO THE PLAT RECORDED AT RECEPTION NO. 186728 AND THE REPLAT OF WINTER PARK RANCH 2ND FILING ACCORDING TO THE PLAT RECORDED AT RECEPTION NO. 103582 AND WINTER PARK RANCH 3RD FILING ACCORDING TO THE PLAT RECORDED AT RECEPTION NO. 106135 AND BOUNDED ON THE EAST BY EAST MOUNTAIN FILING NO. 1 ACCORDING TO THE FINAL PLAT RECORDED AT RECEPTION NO. 2001002997 AND BOUNDED {00517441 / 2 }A-2 ON THE SOUTHEAST BY EAST MOUNTAIN FILING NO. 11 ACCORDING TO THE PLAT RECORDED AT RECEPTION NO. 2019003497 AND BOUNDED ON SOUTHWEST BY ARCHDIOCESE OF DENVER ACCORDING TO THE PLAT OF AMENDED SUBDIVISION EXEMPTION MARYVALE PLANNING AREA NO.13 RECORDED AT RECEPTION NO. 2002004558 AND EAST MOUNTAIN FILING 12 ACCORDING TO THE PLAT RECORDED AT RECEPTION NO. 2020011316 AND TOWN OF FRASER "LINEAR PARK" DESCRIBED IN SPECIAL WARRANTY DEED RECORDED AT RECEPTION NO. 2001003017. SAID LEGAL DESCRIPTION WAS CREATED BY: TIM SHENK, LAND SURVEYING, INC. P.O. BOX 1670 GRANBY, CO 80446 (970) 887-1046 86 6 8 EAST MOUNTAIN FILING #1REC. NO. 2001-002997EAST MOUNTAIN FILING #2REC. NO. 2002-004557EAST MOUNTAINFILING #4REC. NO. 2005-011081EAST MOUNTAIN FILING #6REC. NO. 2006-003905EAST MOUNTAIN FILING #9REC. NO. 2015-006351EAST MOUNTAINFILING #11REC. NO. 2019-003497EAST MOUNTAIN FILING #1REC. NO. 2001-002997EAST MOUNTAIN FILING #1REC. NO. 2001-002997EAST MOUNTAIN FILING #1REC. NO. 2001-002997EAST MOUNTAIN FILING #1REC. NO. 2001-002997EAST MOUNTAIN FILING #1REC. NO. 2001-002997EAST MOUNTAIN FILING #2REC. NO. 2002-004557EAST MOUNTAINFILING #2REC. NO. 2002-004557SSSSSSSS SS SSSSS SSS S S SS SS SSSSS SS S S SSSS S S SS SS S S S SSSS S SSS SSSSSSSSSSSSSSSSS SS SSSSSSSS S SSSSSSSSSSSS S SS SSSSSS S SS S SSS SSSSSSS SS SWINTER PARK RANCH 3RD FILINGREC. NO. 106135ARCHDIOCESE OF DENVERAMENDED SUBDIVISION EXEMPTIONMARYVALE PLANNING AREA #13REC. NO. 2002-004558THE REPLAT OF WINTER PARKRANCH 2ND FILINGREC. NO. 103582WINTER PARK RANCH CONDO #1REC. NO. 186728SPRUCERIDGE TOWNHOMESAT WINTER PARK RANCHREC. NO. 2000-004707LOT 5SAFEWAY-FRASER MARKETPLACEREC. NO. 98006151TOWN OF FRASER"LINEAR PARK"SWD REC. NO. 2001-003017EAST MOUNTAINFILING #4REC. NO. 2005-011081TRACT 4E-14REMAINING PROPERTYTRACT 4E-13REMAININGPROPERTYTRACT4E-12REMAININGPROPERTYRENDEZVOUS ROADRENDEZVOUS ROADEAST MOUNTAIN FILING #12REC. NO. 2020-011316PI O N E E R T R A I LPIONEER TRAILRENDEZVOUS ROADTRACT 4E - REMAINING PROPERTY(PARCEL #1)TRACT 4E - REMAINING PROPERTY(PARCEL #2)PIONEER TRAILPIONEER TRAILPI O N E E R T R A I L PIONEER TRAILDISCOVERY LANETRACT 4E -REMAINING PROPERTY(PARCEL #4)TRACT 4E - REMAINING PROPERTY(PARCEL #5)RENDEZVOUS ROADTOWN OF FRASERSWD REC. NO. 2002-005294TOWN OF FRASERSWD REC. NO. 2002-005295RENDEZVOUS ROADGRAND COUNTY WATERAND SANITATIONDISTRICT #1BOOK 151, PAGE 392TOWN OF FRASERSWD REC. NO. 2001-003017RENDEZVOUSCOLORADO L.L.C.SWD REC. NO. 99008336NORTH LINE OF HI COUNTRY HAUSPLANNED UNIT DEVELOPMENTREC. NO. 125878TOWN OF FRASER"LINEAR PARK"SWD REC. NO. 2001-003017TOWN OF FRASER"LINEAR PARK"SWD REC. NO. 2001-003017EAST MOUNTAINFILING #6REC. NO.2006-003905FRIENDSHIP DRIVEFRIENDSHIPDRIVEEAST MOUNTAIN FILING #1REC. NO. 2001-002997LOT 1, BLOCK 1MARYVALE PLANNING AREA #6REC. NO. 97002393TRACT 4E - REMAINING PROPERTY(PARCEL #3)TRACT 4E - REMAINING PROPERTY(PARCEL #5)U.S. HIGHWAY 40CAMPFIRE LAN E EXHIBIT ATRACT 4E-REMAINING PROPERTYPORTIONS OF SECTIONS 20, 21, & 28TOWNSHIP 1 SOUTH, RANGE 75 WEST OF THE 6TH PRINCIPAL MERIDIANTOWN OF FRASER, GRAND COUNTY, COLORADO(GRAPHICAL DEPICTION)0300600EXHIBIT ATRACT 4E-REMAINING PROPERTYS20, 21, 28, T1S, R75W, 6TH PMTOWN OF FRASERGRAND COUNTY, COLORADO(GRAPHICAL DEPICTION)1/26/2021 {00517441 / 2 }B-1 EXHIBIT B ANY RIGHTS OR INTERESTS OF THIRD PARTIES WHICH EXIST OR ARE CLAIMED TO EXIST IN AND OVER THE PRESENT AND PAST BED, BANKS OR WATERS OF FRASER RIVER. RIGHT OF PROPRIETOR OF A VEIN OR LODE TO EXTRACT AND REMOVE HIS ORE THEREFROM SHOULD THE SAME BE FOUND TO PENETRATE OR INTERSECT THE PREMISES AS RESERVED IN UNITED STATES PATENTS RECORDED APRIL 10, 1882, IN BOOK 1 AT PAGE 592; AUGUST 1, 1887 IN BOOK 4 AT PAGE 502; AND JUNE 27, 1892 IN BOOK 13 AT PAGE 295. RIGHT OF WAY FOR DITCHES OR CANALS CONSTRUCTED BY THE AUTHORITY OF THE UNITED STATES AS RESERVED IN UNITED STATES PATENTS RECORDED JUNE 27, 1892, IN BOOK 13 AT PAGE 295; MAY 3, 1922 IN BOOK 53 AT PAGE 537; AND JUNE 1, 1925 IN BOOK 53 AT PAGE 610. AN EASEMENT AND RIGHT-OF-WAY FOR ROAD PURPOSES AS RESERVED UNTO WILLIAM Z. COZENS, MARY E. COZENS AND SARAH A. COZENS IN THE DEED RECORDED JULY 27, 1905 IN BOOK 22 AT PAGE 338. NOTE: SPECIFIC LOCATION OF SAID EASEMENT IS NOT DESCRIBED. ANY TAX, LIEN, FEE, OR ASSESSMENT BY REASON OF INCLUSION OF SUBJECT PROPERTY IN THE EAST GRAND COUNTY FIRE PROTECTION DISTRICT, AS EVIDENCED BY INSTRUMENT RECORDED JANUARY 28, 1971, IN BOOK 176 AT PAGE 17A. RIGHT OF WAY EASEMENT FOR COMMUNICATION AND OTHER FACILITIES, AND INCIDENTAL PURPOSES, AS GRANTED TO THE MOUNTAIN STATES TELEPHONE AND TELEGRAPH COMPANY IN INSTRUMENT RECORDED MAY 23, 1974 IN BOOK 207 AT PAGE 621. RIGHT OF WAY EASEMENT FOR ELECTRIC TRANSMISSION AND DISTRIBUTION LINE AND SYSTEM, AND INCIDENTAL PURPOSES, AS GRANTED TO MOUNTAIN PARKS ELECTRIC COMPANY IN INSTRUMENT RECORDED NOVEMBER 18, 1953, IN BOOK 107 AT PAGE 1. EASEMENT GRANTED TO GRAND COUNTY WATER AND SANITATION DISTRICT NO. 1, FOR SEWER PIPELINE, AND INCIDENTAL PURPOSES, BY INSTRUMENT RECORDED JUNE 19, 1974, IN BOOK 208 AT PAGE 423. ANY TAX, LIEN, FEE, OR ASSESSMENT BY REASON OF INCLUSION OF SUBJECT PROPERTY IN THE MIDDLE PARK SOIL CONSERVATION DISTRICT, AS EVIDENCED BY INSTRUMENTS RECORDED AUGUST 15, 1966, IN BOOK 154 AT PAGE 138 AND APRIL 5, 1968 IN BOOK 160 AT PAGE 231. TERMS, CONDITIONS, PROVISIONS, BURDENS AND OBLIGATIONS AS SET FORTH IN ANNEXATION AGREEMENT RECORDED OCTOBER 21, 1986 IN BOOK 405 AT PAGE 734. ASSIGNMENT AND ASSUMPTION OF ANNEXATION AGREEMENT RECORDED APRIL 6, 1994 UNDER RECEPTION NO. 94003904. TERMS, CONDITIONS, PROVISIONS, BURDENS AND OBLIGATIONS AS SET FORTH IN TOWN OF FRASER PLANNED DEVELOPMENT DISTRICT NO. 1 MAP RECORDED OCTOBER 21, 1986 UNDER RECEPTION NO. 1986-249096 AND AMENDMENTS THERETO RECORDED MARCH 27, 1997 UNDER RECEPTION NO. 97002391 AND 97002392. EASEMENT GRANTED TO PUBLIC SERVICE COMPANY OF COLORADO, FOR UTILITY LINES, AND INCIDENTAL PURPOSES, BY INSTRUMENT RECORDED DECEMBER 18, 1989, IN BOOK 458 AT PAGE 267. TERMS, CONDITIONS, PROVISIONS, BURDENS AND OBLIGATIONS AS SET FORTH IN ASSIGNMENT AND ASSUMPTION OF CONVEYANCE AGREEMENT RECORDED APRIL 06, 1994 UNDER RECEPTION NO. 94003903. TERMS, CONDITIONS, PROVISIONS, BURDENS AND OBLIGATIONS AS SET FORTH IN ASSIGNMENT AND ASSUMPTION OF ANNEXATION AGREEMENT RECORDED APRIL 06, 1994 UNDER RECEPTION NO. 94003904. TERMS, CONDITIONS, PROVISIONS, BURDENS AND OBLIGATIONS AS SET FORTH IN ASSIGNMENT AND ASSUMPTION OF AUGMENTATION PLAN RECORDED APRIL 06, 1994 UNDER RECEPTION NO. 94003905. TERMS, CONDITIONS, PROVISIONS, BURDENS AND OBLIGATIONS AS SET FORTH IN {00517441 / 2 }B-2 TOWN OF FRASER MASTER PATHWAY PLAN RECORDED APRIL 11, 1995 UNDER RECEPTION NO. 95002711. EASEMENT GRANTED TO THE TOWN OF FRASER, COLORADO, ACTING BY AND THROUGH ITS BOARD OF TRUSTEES, FOR PUBLIC RECREATIONAL USE AND WETLANDS MITIGATION, AND INCIDENTAL PURPOSES, BY INSTRUMENT RECORDED NOVEMBER 25, 1996, UNDER RECEPTION NO. 96010400. EASEMENT GRANTED TO THE ARCHDIOCESE OF DENVER, FOR INGRES AND EGRESS, AND INCIDENTAL PURPOSES, BY INSTRUMENT RECORDED MARCH 19, 1998, UNDER RECEPTION NO. 98002407. ANY TAX, LIEN, FEE, OR ASSESSMENT BY REASON OF INCLUSION OF SUBJECT PROPERTY IN THE MARYVALE RESIDENTIAL METROPOLITAN DISTRICT, AS EVIDENCED BY INSTRUMENT RECORDED MAY 06, 1998, UNDER RECEPTION NO. 98005006. NOTE: PUBLIC DISCLOSURE STATEMENT RECORDED OCTOBER 1, 2014 UNDER RECEPTION NO. 2014006484. TERMS, CONDITIONS, PROVISIONS, BURDENS AND OBLIGATIONS AS SET FORTH IN ORDINANCE NO. 238 AND AMENDED AND SUPPLEMENTED ANNEXATION AGREEMENT RECORDED JUNE 09, 1998 UNDER RECEPTION NO. 98006150. TERMS, CONDITIONS, PROVISIONS, BURDENS AND OBLIGATIONS AS SET FORTH IN MAP OF MARYVALE VILLAGE PLANNED DEVELOPMENT DISTRICT RECORDED JUNE 09, 1998 UNDER RECEPTION NO. 98006162. RESTRICTIVE COVENANTS, WHICH DO NOT CONTAIN A FORFEITURE OR REVERTER CLAUSE, BUT OMITTING ANY COVENANTS OR RESTRICTIONS, IF ANY, BASED UPON RACE, COLOR, RELIGION, SEX, SEXUAL ORIENTATION, FAMILIAL STATUS, MARITAL STATUS, DISABILITY, HANDICAP, NATIONAL ORIGIN,ANCESTRY, OR SOURCE OF INCOME, AS SET FORTH IN APPLICABLE STATE OR FEDERAL LAWS, EXCEPT TO THE EXTENT THAT SAID COVENANT OR RESTRICTION IS PERMITTED BY APPLICABLE LAW, AS CONTAINED IN INSTRUMENT RECORDED AUGUST 09, 1999, UNDER RECEPTION NO. 99008348. TERMS, CONDITIONS, PROVISIONS, BURDENS AND OBLIGATIONS AS SET FORTH IN PRE-INCLUSION AGREEMENT RECORDED MAY 18, 2000 UNDER RECEPTION NO. 2000- 004521. EASEMENT GRANTED TO THE TOWN OF FRASER, FOR UNDERGROUND UTILITY LINES, AND INCIDENTAL PURPOSES, BY INSTRUMENT RECORDED APRIL 02, 2001, UNDER RECEPTION NO. 2001-003001 AND RECORDED AUGUST 28, 2001 UNDER RECEPTION NO. 2001-008470. TERMS, CONDITIONS, PROVISIONS, BURDENS AND OBLIGATIONS AS SET FORTH IN SUPPLEMENTAL AGREEMENT RELATING TO WATER PLANT INVESTMENT FEES RECORDED APRIL 02, 2001 UNDER RECEPTION NO. 2001-003002. RESTRICTIVE COVENANTS, WHICH DO NOT CONTAIN A FORFEITURE OR REVERTER CLAUSE, BUT OMITTING ANY COVENANTS OR RESTRICTIONS, IF ANY, BASED UPON RACE, COLOR, RELIGION, SEX, SEXUAL ORIENTATION, FAMILIAL STATUS, MARITAL STATUS, DISABILITY, HANDICAP, NATIONAL ORIGIN, ANCESTRY, OR SOURCE OF INCOME, AS SET FORTH IN APPLICABLE STATE OR FEDERAL LAWS, EXCEPT TO THE EXTENT THAT SAID COVENANT OR RESTRICTION IS PERMITTED BY APPLICABLE LAW, AS CONTAINED IN INSTRUMENT RECORDED NOVEMBER 2, 2001, UNDER RECEPTION NO. 2001-011085. TERMS, CONDITIONS, PROVISIONS, BURDENS, OBLIGATIONS AND EASEMENTS AS SET FORTH AND GRANTED IN OFFSITE EASEMENT AGREEMENT RECORDED FEBRUARY 22, 2002 UNDER RECEPTION NO. 2002-002025. EASEMENTS, CONDITIONS, COVENANTS,RESTRICTIONS, RESERVATIONS AND NOTES ON THE MAP OF EAST MOUNTAIN FNAL PLANNED DEVELOPMENT PLAN RECORDED MAY 02, 2002 UNDER RECEPTION NO. 2002-004556 AND AMENDED FINAL PLANNED DEVELOPMENT PLAN -EAST MOUNTAIN RECORDED OCTOBER 15, 2004 UNDER RECEPTION NO. 2004-012252. EASEMENT GRANTED TO THE TOWN OF FRASER, FOR ACCESS, UTILITIES AND SNOW STORAGE, AND INCIDENTAL PURPOSES, BY INSTRUMENT RECORDED JANUARY 16, 2003, UNDER RECEPTION NO. 2003-000789. {00517441 / 2 }B-3 TERMS, CONDITIONS, PROVISIONS, BURDENS AND OBLIGATIONS AS SET FORTH IN ANNEXATION AGREEMENT RECORDED DECEMBER 30, 2003 UNDER RECEPTION NO. 2003-016733 AND AMENDMENT THERETO RECORDED NOVEMBER 8, 2005 UNDER RECEPTION NO. 2005-012708 AND AMENDMENT RECORDED NOVEMBER 1, 2006 UNDER RECEPTION NO. 2006-011630. TERMS, CONDITIONS, PROVISIONS, BURDENS AND OBLIGATIONS AS SET FORTH IN TOWN OF FRASER ZONING ORDINANCE NO. 285, SERIES 2003, RECORDED DECEMBER 30, 2003 UNDER RECEPTION NO. 2003-016734 AS AMENDED BY ORDINANCE NO. 289, SERIES 2004, RECORDED JANUARY 29, 2004 UNDER RECEPTION NO. 2004-001050. EASEMENTS, CONDITIONS, COVENANTS, RESTRICTIONS, RESERVATIONS AND NOTES ON THE MAP OF THE RENDEZVOUS PLANNED DEVELOPMENT DISTRICT PLAN RECORDED DECEMBER 30,2003 UNDER RECEPTION NO. 2003-016735 AND AS AMENDED IN INSTRUMENT RECORDED APRIL 26, 2006 UNDER RECEPTION NO. 2006-003904. TERMS, CONDITIONS, PROVISIONS, BURDENS, OBLIGATIONS AND EASEMENTS AS SET FORTH AND GRANTED IN TRAIL EASEMENT AGREEMENT RECORDED APRIL 07, 2004 UNDER RECEPTION NO. 2004-004054. EASEMENT GRANTED TO THE TOWN OF FRASER, FOR UTILITIES, AND INCIDENTAL PURPOSES, BY INSTRUMENT RECORDED APRIL 07, 2004, UNDER RECEPTION NO. 2004- 004055. TERMS, CONDITIONS, PROVISIONS, BURDENS, OBLIGATIONS AND EASEMENTS AS SET FORTH AND GRANTED IN OFFSITE SEWER LINE EASEMENT AGREEMENT RECORDED JULY 21, 2004 UNDER RECEPTION NO. 2004-008706. EASEMENT GRANTED TO FRASER SANITATION DISTRICT, FOR SEWER PIPELINE AND APPURTENANCES, AND INCIDENTAL PURPOSES, BY INSTRUMENT RECORDED JULY 21, 2004, UNDER RECEPTION NO. 2004-008707. TERMS, CONDITIONS, PROVISIONS, BURDENS AND OBLIGATIONS AS SET FORTH IN AGREEMENT RECORDED SEPTEMBER 07, 2005 UNDER RECEPTION NO. 2005-009739. EASEMENT GRANTED TO THE TOWN OF FRASER, FOR UNDERGROUND UTILITY LINES, AND INCIDENTAL PURPOSES, BY INSTRUMENT RECORDED OCTOBER 05, 2005, UNDER RECEPTION NO. 2005-011084. EASEMENTS, CONDITIONS, COVENANTS, RESTRICTIONS, RESERVATIONS AND NOTES ON THE PLAT OF AMENDED FINAL PLANNED DEVELOPMENT PLAN EAST MOUNTAIN SECOND AMENDMENT A PORTION OF PLANNING AREA 6E RECORDED APRIL 26, 2006 UNDER RECEPTION NO. 2006-003904. EASEMENTS, CONDITIONS, COVENANTS, RESTRICTIONS, RESERVATIONS AND NOTES ON THE PLAT OF EAST MOUNTAIN -FILING 6 RECORDED APRIL 26, 2006 UNDER RECEPTION NO. 2006-003905. TERMS, CONDITIONS, PROVISIONS, BURDENS AND OBLIGATIONS AS SET FORTH IN SUBDIVISION IMPROVEMENTS AGREEMENT RECORDED APRIL 26, 2006 UNDER RECEPTION NO. 2006-003906. TERMS, CONDITIONS, PROVISIONS, BURDENS AND OBLIGATIONS AS SET FORTH IN RECIPROCAL EMERGENCY ACCESS EASEMENT AGREEMENT RECORDED JUNE 29, 2006 UNDER RECEPTION NO. 2006-006527. TERMS, CONDITIONS, PROVISIONS, BURDENS AND OBLIGATIONS AS SET FORTH IN RENDEZVOUS COLORADO LLC MASTER SIGN PLAN RECORDED SEPTEMBER 29, 2006 UNDER RECEPTION NO. 2006-010227. EASEMENT GRANTED TO FRASER SANITATION DISTRICT, FOR SEWER LINE, AND INCIDENTAL PURPOSES, BY INSTRUMENT RECORDED MARCH 05, 2009, UNDER RECEPTION NO. 2009001973. {00517441 / 2 }B-4 EASEMENT GRANTED TO MOUNTAIN PARKS ELECTRIC, INC., FOR UNDERGROUND POWER LINES AND VAULT, AND INCIDENTAL PURPOSES, BY INSTRUMENT RECORDED MAY 04, 2009, UNDER RECEPTION NO. 2009003936. EASEMENT GRANTED TO THE TOWN OF FRASER, FOR UTILITIES AND DRAINAGE, AND INCIDENTAL PURPOSES, BY INSTRUMENT RECORDED SEPTEMBER 08, 2015, UNDER RECEPTION NO. 2015006349. TERMS, CONDITIONS, PROVISIONS, BURDENS, OBLIGATIONS AND EASEMENTS AS SET FORTH AND GRANTED IN GRANT OF EASEMENT AND AUGMENTATION POND JOINT OPERATIONS AGREEMENT RECORDED SEPTEMBER 08, 2015 UNDER RECEPTION NO. 2015006354. TERMS, CONDITIONS, PROVISIONS, BURDENS, OBLIGATIONS AND EASEMENTS AS SET FORTH AND GRANTED IN GRANT OF EASEMENT AND AUGMENTATION POND JOINT OPERATIONS AGREEMENT RECORDED DECEMBER 29, 2015 UNDER RECEPTION NO. 2015009602. Votes in favor: Votes opposed: Absent: Abstained: TOWNOFFRASER RESOLUTION NO. 2010 -10 -02 A RESOLUTION APPROVING A MINOR AMENDMENT TO THE RENDEZVOUS PLANNED DEVELOPMENT DISTRICT ANDANNEXATION AGREEMENT AMENDMENT REGARDING THE DEADLINE FOR DEDICATION OF 4E OPEN SPACE AND CONSTRUCTION OF SECONDARY ACCESS AND AUTHORIZING EXECUTION OF THE AGREEMENT BEITRESOLVED BYTHEBOARDOFTRUSTEES OFTHETOWNOFFRASER, COLORADO THAT: 1. The Town Board of Fraser, Colorado hereby approves the Minor Amendment to the Rendezvous Planned Development District and the attached Annexation Agreement Amendment forRendezvous and authorizes the Mayor toexecute the agreement. 2. All documents must be executed within ninety (90) days ofthe date ofthis Resolution or thisapproval shall nolonger beeffective. DULY MOVED, SECONDED AND ADOPTED THIS 6DAY OF OCTOBER, 2010. BOARD TRUSTEES OF THE TOWNOFFRASER, COLORADO BY.' Mayor ATTEST: C cep Town Clerk U SECOND AMENDMENT TO ANNEXATION AGREEMENT FOR RENDEZVOUS EAST MOUNTAIN THIS SECOND AMENDMENT TO ANNEXATION AGREEMENT FOR RENDEZVOUS EAST MOUNTAIN (this "Amendment") is made as of a. nber- (0, 2010, by and between RENDEZVOUS COLORADO, LLC, a Colorado limited liability company Rendezvous"), and the TOWN OF FRASER, a municipal corporation of the State of Colorado Fraser"). RECITALS: This Amendment is made with reference to the following facts: A. Rendezvous and Fraser are parties to that certain Amended and Restated Annexa- tion Agreement dated as of June 4, 2003, and recorded in the Grand County, Colorado, real property records on December 30, 2003, at Reception No. 2003-016733; as amended by the First Amendment to Annexation Agreement dated as of November 2, 2005, and recorded Novem- ber 8, 2005, at Reception No. 2005-012708; and as further amended by Amendment to Annexa- tion Agreement for Rendezvous East Mountain (Amendment 2006-RZ1) dated as of January 1, 2006, and recorded November 1, 2006, at Reception No. 2006-011630 (collectively, the "An- nexation Agreement"). Capitalized terms used in this Amendment have the meanings ascribed to them in the Annexation Agreement. B. Rendezvous is the Developer of the real property referred to as Rendezvous East Mountain, as more particularly described in Exhibit A attached hereto and incorporated herein by this reference. C. Section 17.9 of the Annexation Agreement, as amended, provides that modifica- tions to the Annexation Agreement that directly and specifically affect only Rendezvous East Mountain may be agreed to in writing and signed by Fraser and Rendezvous or its designated successor Developer. D. Pursuant to Section 10.10 of the Annexation Agreement, the Developer agreed to dedicate or convey to Fraser the open space parcel designated as Planning Area 4E on the 2003 PDD, which is located within Rendezvous East Mountain, with such dedication or conveyance to be completed upon the occurrence of certain events and in any case by October 31, 2010. A por- tion of said Planning Area 4E, described as Tracts 4E-1, 4E-2, 4E-3, 4E-4, 4E-5, 4E-6, 4E-7, 4E- 8, 4E-9, 4E-10 and 4E-11, East Mountain-Filing 1 (the "4E-Conveyed Property"), has been pre- viously conveyed to Fraser; but the remainder of said Planning Area 4E (the "4E-Remainder Property") has not yet been dedicated or conveyed. E. Rendezvous, as the owner of the property encompassed by said 4E-Remainder Property, has requested an extension of the timeline for dedicating or conveying said property to Fraser and has also requested an extension of the timeline for constructing an emergency access to the development; and Fraser is willing to agree to such an extensions upon the terms and con- ditions provided in this Amendment. AGREEMENT NOW, THEREFORE, in consideration of the premises and the mutual covenants and agreements of Fraser and Rendezvous, as more particularly set forth herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Fras- er and Rendezvous covenant and agree as follows: 1. Access Extension. With respect to Rendezvous East Mountain only, Section 9.2 of the Annexation Agreement is modified by extending the ultimate deadline for construction of the emergency-only access, as referenced in subsection 3), from October 31, 2010 to October 31, 2015. All other provisions of said Section 9.2 shall remain unchanged. 2. Dedication Extension. With respect to Rendezvous East Mountain only, Section 10.10 of the Annexation Agreement is modified by extending the ultimate deadline for the dedi- cation or conveyance of Planning Area 4E to Fraser, from October 31, 2010 to October 31, 2015, subject to the conditions set forth herein below. All other provisions of said Section 10.10 shall remain unchanged. 3.Maintenance. In consideration of such extensions, Rendezvous agrees that, until such time as all of Planning Area 4E is dedicated or conveyed to Fraser pursuant to the Annexa- tion Agreement, Rendezvous shall maintain said property, including the 4E-Remainder Property and the 4E-Conveyed Properties, at Rendezvous' expense, in accordance with the existing ap- proved forest agricultural plan applicable to Rendezvous East Mountain and any subsequent amendments thereto. All such maintenance shall be performed in a good and workmanlike man- ner. Fraser grants permission to Rendezvous to enter upon the 4E-Conveyed Property for pur- poses of performing such maintenance. 4.Extension Fee. In further consideration of the extension granted pursuant to Para- graph 2 of this Amendment, Rendezvous agrees to pay to Fraser a fee (the "Extension Fee") pay- able on or before July 15 of each year through 2015. The amount of each subsequent payment shall be agreed upon in writing prior to the due date of such payment. 5.Termination of Dedication Extension. If the parties fail to reach agreement re- garding the amount of any Extension Fee payment, or if Rendezvous fails to make any payment when due, then either party may elect to terminate the extension granted pursuant to Paragraph 2 hereof by giving written notice of such termination to the other. If such extension is terminated, Rendezvous shall thereupon complete the dedication or conveyance of the 4E-Remainder Prop- erty to Fraser in accordance with the provisions of the Annexation Agreement, within sixty (60) days after such notice is given. The termination of the extension and completion of the dedica- tion or conveyance of Planning Area 4E in accordance with this paragraph shall operate to re- lease Rendezvous from any further maintenance obligations under Paragraph 3 and from any fur- ther Extension Fees pursuant to this paragraph or Paragraph 4 above, but it shall not relieve Rendezvous from any obligations or liabilities incurred prior to the date of such termination and the transfer of such property, including without limitation, any previously agreed upon Extension Fees. 2 - 6. Effect of Amendment. Except as expressly modified by this Amendment, the An- nexation Agreement is unmodified, and is hereby ratified and affirmed, and will remain in full force and effect in accordance with its terms. 7. Governing Law. This Amendment will be governed by and construed in accor- dance with the laws of the State of Colorado. 8. Counterparts. This Amendment may be executed in one or more counterparts, each of which will be deemed to be an original, and all such counterparts taken together will constitute one and the same instrument. IN WITNESS WHEREOF, Fraser and Rendezvous have executed this Amendment as of the day and year first set forth above. DEVELOPER: RENDEZVOUS COLORADO, LLC, a Colorado limited liability company (as to Rendezvous East Mountain) By: KOELBEL AND COMPANY, a Colorado corporation, Manager By W Walter A. lGelbel, Jr., President STATE OF COLORADO ) ss: COUNTY OF The foregoing instrument was acknowledged before me this day of r- 2010, by Walter A. Koelbel, Jr. as President of Koelbel and Company, a Colora- do corporation, Manager of Rendezvous Colorado LLC, a Colorado limited liability company. Witness my hand and official seal. My Commission expires: SUZANNE K HOBBS Notar blic Notary Public State of Colorado 3 - FRASER: TOWN OF FRASER, a municipal corporation of the State of Colorado By Name: F re r e®® K Title: STATE OF COLORADO ) LU F k- , ss: COUNTY OF GRAND s The foregoing instrument was acknowledged befol*Z" e this day of 2010, by r arm Cc,p K as C Y- r of the Town of Fraser, a municipal corporation of the State of Colorado. Witness my hand and official seal. My Commission expires: 1 LI - O 1 Notary Public 0 4 - TOWN OF FRASER RESOLUTION NO. 2015-10-04 A RESOLUTION APPROVING A MINOR AMENDMENT TO THE RENDEZVOUS ANNEXATION AGREEMENT AMENDMENT REGARDING THE DEADLINE FOR DEDICATION OF 4E OPEN SPACE AND AUTHORIZING EXECUTION OF THE AGREEMENT BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF FRASER, COLORADO THAT: 1. The Town Board of Fraser, Colorado hereby approves the Minor Amendment to the attached Annexation Agreement Amendment for Rendezvous and authorizes the Mayor to execute the agreement. 2. All documents must be executed within ninety (90) days of the date of this Resolution or this approval shall no longer be effective. DULY MOVED, SECONDED AND ADOPTED THIS 4th DAY OF NOVEMBER, 2015. Votes in favor: LT BOARD TRUSTEES OF THE Votes opposed: I TOWN OF FRASER, COLORADO Absent: Abstained: BY: f-k,, J SOF F Mayo (I ATTEST: SE cc &Ac Town Clerk cOCORAOO RECEPTION#: 2016001820, 03/17/2016 at 09:22:33 AM, 1 OF 4, R $26.00, Additional Names Fee: Doc Code:AGR, Sara L. Rosene, Grand County Clerk and Recorder, Colorado EXHIBITS REFERRED TO ON THIS INSTRUMENT WERE NOT ATTACHED WHEN THE DOCUMENT WAS RECEIVED FOR RECORDING. ITIS ACCEPTED FOR RECORDING AS THE PARTY TENDERING SAME APPARENTLY CONSIDERS IT TO BE SUFFICIENT FOR HIS PURPOSES, THIRD AMENDMENT TO ANNEXATION AGREEMENT FOR RENDEZVOUS EAST MOUNTAIN THIS THIRD AMENDMENT TO ANNEXATION AGREEMENT FOR RENDEZVOUS EAST MOUNTAIN (this "Amendment") is made as of October 2015, by and between RENDEZVOUS COLORADO, LLC, a Colorado limited liability company ("Rendezvous") and the TOWN OF FRASER, a municipal corporation of the State of Colorado ("Fraser"). RECITALS: This Amendment is made with reference to the following facts: A. Rendezvous and Fraser are parties to that certain Amended and Restated Annexation Agreement dated as of June 4, 2003, and recorded in the Grand County, Colorado, real property records on December 30, 2003, at Reception No. 2003 016733; as amended by the First Amendment to Annexation Agreement dated as of November 2, 2005, and recorded November 8, 2005, at Reception No. 2005- 012708; as further amended by Amendment to Annexation Agreement for Rendezvous East Mountain (Amendment 2006-RZ1) dated as of January 1, 2006, and recorded November 1, 2006, at Reception No. 2006 011630, and as further amended by Second Amendment to Annexation Agreement for Rendezvous East Mountain dated as of October 6, 2010, and recorded , 2010 at Reception No. (collectively, the "Annexation Agreement"). Capitalized terms used in this Amendment have the meanings ascribed to them in the Annexation Agreement. B. Rendezvous is the Developer of the real property referred to as Rendezvous East Mountain, as more particularly described in Exhibit A attached hereto and incorporated herein by this reference. C. Section 17.9 of the Annexation Agreement, as amended, provides that modifications to the Annexation Agreement that directly and specifically affect only Rendezvous East Mountain may be agreed to in writing and signed by Fraser and Rendezvous or its designated successor Developer. D. Pursuant to Section 10.10 of the Annexation Agreement, the Developer agreed to dedicate or convey to Fraser the open space parcel designated as Planning Area 4E on the. 2003 PDD, which is located within Rendezvous East Mountain, with such dedication or conveyance to be completed upon the occurrence of certain events and in any case by October 31, 2010. A portion of said Planning Area 4E, described as Tracts 4E -1, 4E -2, 4E -3, 4E -4, 4E 5, 4E -6, 4E -7, 4E-8, 4E -9, 4E -10 and 4E -11, East Mountain Filing 1 (the "4E -Conveyed Property") has been previously conveyed to Fraser, but the remainder of said Planning Area 4E the "4E -Remainder Property') has not yet been dedicated or conveyed. E. Rendezvous, as the owner of the property encompassed by said 4E -Remainder Property, has requested an extension of the timeline for dedicating or conveying said property to Fraser, and Fraser is willing to agree to such an extension upon the terms and conditions provided in this Amendment. RECEPTION#: 2016001820, 03/17/2016 at 09:22:33 AM, 2 OF 4 Doc Code:AGR,Sara L. Rosene, Grand County Clerk and Recorder, Colorado AGREEMENT NOW, THEREFORE, in consideration of the premises and the mutual covenants and agreements of Fraser and Rendezvous, as more particularly set forth herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Fraser and Rendezvous covenant and agree as follows: 1. Dedication Extension. With respect to Rendezvous East Mountain only, Section 10.10 of the Annexation Agreement is modified by extending the ultimate deadline for the dedication or conveyance of the 4E -Remainder Property to Fraser, from October 31, 2015 to October 31, 2020 (the "Extension Period"), subject to all of the conditions to the previous extension of the ultimate deadline for the dedication or conveyance of the same set forth in the Second Amendment to Rendezvous East Mountain (the "Second Amendment'), except that the Extension Fee described in Paragraph 2 of the Second Amendment payable on or before July 15 of each year shall continue through and including 2020. All other provisions of said Section 10.10 shall remain unchanged. During the Extension Period, Rendezvous shall continue to maintain the 4E -Remainder Property open space including trails upkeep. The trails will remain open for the public's use during the Extension Period. 2. Effect of Amendment. Except as expressly modified by this Amendment, the Annexation Agreement is unmodified, and is hereby ratified and affirmed, and will remain in full force and effect in accordance with its terms. 3. Governino Law. This Amendment will be governed by and construed in accordance with the laws of the State of Colorado. 4. Counterparts, This Amendment may be executed in one or more counterparts, each of which will be deemed to be an original, and all such counterparts taken together will constitute one and the same instrument. Signatures appear on foHowing pages] RECEPTION#: 2016001820, 03/17/2016 at 09:22:33 AM, 3 OF 4 Doc Code:AGR,Sara L. Rosene, Grand County Clerk and Recorder, Colorado IN WITNESS WHEREOF, Fraser and Rendezvous have executed this Amendment as of the day and year first set forth above. DEVELOPER: RENDEZVOUS COLORADO, LLC, a Colorado limited liability company (as to Rendezvous East Mountain) By: KOELBEL AND COMPANY, a Colorado Corporation, Manager STATE OF COLORADO ) ss: COUNTY OF Denver ) mak, The foregoing instrument was acknowledged before me this day of -Q 1, by Walter A. Koelbel, Jr. as President of Koelbel and Company, a Colorado corporation, Manager of Rendezvous Colorado LLC, a Colorado limited liability company. —' Witness my hand and official seal. My Commission expires: SUZANNE K. HOBBS NOTARY PUBLIC Notary Public STATE OF COLORADO NOTARY ID 20004026902 MY COMMISSION EXPIRES SEPT. 12, 201e RECEPTION#: 2016001820, 03/17/2016 at 09:22:33 AM, 4 OF 4 Doc Code:AGR, Sara L. Rosene, Grand County Clerk and Recorder, Colorado 0 OF p%, 0 SEAL QNk01RiA00- STATE OF COLORADO ss: COUNTY OF FRASER: TOWN OF FRASER, a municipal corporation of the State f plorado By )i Name Title rrNcjA.,v- j 201( 1j, The foregoing instrument was acknowledged before me this of b -NpyJ as roa,, -tiro Ie v.. of the Town of Fraser, a municipal corporation of the State of Coloradd. Witness my hand and official seal. xpires: Notary Public Town of Fraser PO Box 370, Fraser, CO 80442 office 970-726-5491 fax 970-726-5518 www.frasercolorado.com MEMO TO:Mayor Vandernail and the Board of Trustees FROM:Wesley LaVanchy, Interim Town Manager DATE:January 28, 2021 SUBJECT:Staff Briefing on 2020 Cornerstone Housing Plan Audit MATTER BEFORE BOARD: 2 0 2 0 C o r n e r s t o n e A t t a i n a b l e H o u s i n g P l a n A u d i t . ACTION REQUESTED: None. BACKGROUND: S e c t i o n 4 . 7 o f t h e A m e n d e d a n d R e s t a t e d A n n e x a t i o n A g r e e m e n t f o r t h e R e n d e z v o u s P r o p e r t y r e c o r d e d a t R e c e p t i o n # 2 0 0 3 - 0 1 6 7 3 3 d a t e d 1 2 / 3 0 / 2 0 0 3 s t a t e d t h a t t h e “ D e v e l o p e r a g r e e s t h a t n o t l e s s t h a n 1 4 4 A t t a i n a b l e H o u s i n g U n i t s w i l l b e p r o v i d e d w i t h i n t h e T o w n o f F r a s e r , o r e q u i v a l e n t p r o v i s i o n s m a d e a s m a y b e a p p r o v e d b y F r a s e r . A n A t t a i n a b l e H o u s i n g P l a n s e t t i n g f o r t h t h e p r o p o s e d m e a s u r e s t o i m p l e m e n t t h e r e q u i r e m e n t s o f t h i s S e c t i o n s h a l l b e p r e p a r e d b y D e v e l o p e r a n d s u b m i t t e d t o F r a s e r o n o r b e f o r e O c t o b e r 3 1 , 2 0 0 4 a n d s h a l l b e a p p r o v e d b y F r a s e r . ” I n c l u d e d i n t h e T o w n B o a r d p a c k e t i s R e s o l u t i o n 2 0 0 7 - 0 6 - 0 2 a p p r o v i n g C o r n e r s t o n e ’ s A t t a i n a b l e H o u s i n g P l a n w i t h t h e P l a n a t t a c h e d . S e c t i o n 2 . 1 – 7 o f t h e P l a n , e n t i t l e d A d m i n i s t r a t i o n s u g g e s t s t h a t a n a n n u a l a u d i t w i l l b e p r o v i d e d t o t h e T o w n b y C o r n e r s t o n e o n o r b e f o r e O c t o b e r 3 1 o f e a c h y e a r . I n c l u d e d i n t h e T o w n B o a r d p a c k e t i s t h e 2 0 2 0 C o r n e r s t o n e A t t a i n a b l e H o u s i n g P l a n A u d i t . Please contact me with questions/concerns. ctrotter@town.fraser.co.us CORNERSTONE ATTAINABLE HOUSING PLAN AUDIT December 2020 Page 1 INTRODUCTION & BACKGROUND This Attainable Housing Audit was produced by Cornerstone Winter Park Holdings, LLC (“Cornerstone”) in accordance with the Attainable Housing Plan approved by the Town of Fraser (“Fraser”) utilizing data from the October 2019 report provided by Fraser and estimating new home construction since that time pertaining to development in Rendezvous and Grand Park. This report will be updated once year end home construction numbers are available. Cornerstone provided Fraser with an Attainable Housing Plan as specified in the Annexation Agreement that was approved by the Town of Fraser Board of Trustees on April 20, 2005 pursuant to the Town of Fraser Resolution No. 06-02-07 adopted on June 20, 2007 (“Cornerstone Attainable Housing Plan”) attached hereto as Exhibit A. The Cornerstone Attainable Housing Plan sets forth the manner in which Fraser and Cornerstone shall work together to provide 144 Attainable Housing Units. The schedule shown in Figure 1 below establishes the proportionality of 144 attainable units relative to the entitlements. Lodging Units and Commercial Square Footage Entitlements were converted to a common single-family equivalency utilizing the Meurer & Associates water master plan for the project to arrive at an overall single-family unit equivalency for the Annexation Agreement entitlements to derive the ratio of Attainable Units to non-attainable units of .0348:1. Page 2 Figure 1 CORNERSTONE ATTAINABLE HOUSING PLAN UNIT PROPORTIONALITY CALCULATION GRAND PARK Planning Area Avg. Density Approx. Acres % Total Area detached attached Lodging Units Commercial Sq. Ft. 1Wa 6.8 33.6 2.4%230 300 150,000 1Wb 9.3 4.3 0.3%40 2W 10.0 25.1 1.8%250 278 100,000 3Wa 9.8 11.2 0.8%110 3Wb 14.8 5.4 0.4%80 3Wc 5.1 11.7 0.8%60 30,000 4W 11.8 8.5 0.6%100 65,800 5W 5.9 16.9 1.2%100 6W 0.0 4.0 0.3%public site 7W 3.0 88.8 6.4%45 225 8W 2.8 50.1 3.6%63 75 9W 3.4 45.5 3.3%153 200 20,000 10W 2.8 42.6 3.1%118 350 30,000 11W 3.5 9.7 0.7%10 24 150 12W 5.9 15.6 1.1%92 13W 1.6 31.1 2.2%50 14W 2.4 49.6 3.6%117 15W*0.5 26.1 1.9%12 16W*0.9 102.5 7.4%90 17W*0.6 120.0 8.7%72 18Wa 0.6 23.2 1.7%14 18Wb 1.1 42.1 3.0%47 19W 5.0 35.9 2.6%86 93 20W 4.6 12.5 0.9%57 21W 2.1 23.6 1.7%50 22W 1.0 80.1 5.8%80 subtotal 2.8 919.7 66.3%686 1857 23W (golf / os)466.8 33.7% TOTAL 1386.5 100.0%1278 395,800 RENDEZVOUS Planning Area Avg. Density Approx. Acres % Total Area detached attached Lodging Units Commercial Sq. Ft. East Mountain Filing 1 0.8 129.5 29.2%110 4E 136.95 30.9% East Mountain- Filing 2 (6E)3.6 44.9 10.1%131 32 7E 4.1 22.6 5.1%41 52 9E 8.0 19.9 4.5%160 11E 6.3 9.6 2.2%60 12E 5.9 9.75 2.2%58 29,200 13E 14.0 4.3 1.0%60 130 15,000 14E 16.0 5.0 1.1%80 20,000 Linear Park 60.3 13.6% Cozens Museum 0.5 0.1% SUBTOTAL 342 442 TOTAL 443.3 100.0%130 64,200 Combined Density Totals 1,830 1,408 460,000 Single Family Equivalent of commercial and lodging unit entitlements 352 460 Residential Entitlements 3,327 Lodging Unit Equivalent (.25 per lodge unit)352 Calculated Using Meurer Master Plan EQRs per unit Commercial Equivalent (1 per 1,000 s.f)460 Calculated Using Meurer Master Plan EQRs per unit Units for Proportional Attainable Dev.4,139 Attainable Units 144 Attainable Unit proportionality 0.0348 per unit developed 3,327 Residential 2543 Residential 784 The Certificate of Occupancy issuance and building permit issuance data for development completed and under construction to date at Grand Park as well as Rendezvous estimated home completion was incorporated in the schedule shown in Figure 2 below. This schedule establishes the Attainable Units which are in proportion to the developed units Page 3 utilizing the ratio derived by the schedule in Figure 1 of 0.0348:1. Figure 2 This schedule indicates 18.98 Attainable Units at year end 2020 meet the proportionality provisions of the Cornerstone Attainable Housing Plan. This is based on completed construction and building permit issuance for homes under construction in Grand Park. The unit count for Rendezvous is estimated based on 2019 numbers increased by 10%. Actual year end 2020 Certificate of Occupancy data will be obtained from Fraser and the exact unit count in the schedule above can be updated. Grand Park exceeds the Attainable Units proportionality by providing rental units to residents living and working in the Fraser Valley meeting the Cornerstone Attainable Housing Plan requirements. An additional seven Attainable Housing lots with final plat approval pending are located on a portion of the adjacent Meyer Lot 2 parcel. Figure 3 below includes a schedule that calculates Attainable Housing Units Provided by Grand Park in accordance with the Cornerstone Attainable Housing Plan in 2020. Figure 3 Page 4 More specific details of the provided Attainable Housing Units are included below: 1. Duplex located at 105 Carriage Road, Fraser, Colorado –5 bedrooms and 3.5 baths in 4,188 s.f. of space. The combined heated living area of the two units is 2,680 s.f. This rental duplex building qualifies as 5.36 units. 2. Condo at Winter Sage 207, Granby, Colorado – 2 bedroom 2 baths in 1096 s.f. Lease expired June 30, 2020, units prorated. This rental condo qualifies as 1.10 units. 3. Condo at Winter Sage 208, Granby, Colorado – 3 bedroom 2 baths in 1,107 s.f. Lease expired June 30, 2020. This rental condo qualifies as 1.11 units. Lease expired June 30, 2020, units prorated. 4. Condo at Winter Sage 108, Granby, Colorado – 3 bedroom 2 baths in 1,107 s.f. Lease expired July 31, 2020, units prorated This rental condo qualifies as 1.29 units. 5. 5 Deed restricted single family lots designated as Attainable Housing lots in the Elk Creek Filing 3 subdivision. The Attainable Housing Units equivalency for these 5 single family vacant lots equals 7.5 units pursuant to the Cornerstone Attainable Housing Plan. 6. Deed restricted single family lots designated as Attainable Housing lots on a portion of Meyer lot 2 subdivision pending final plat approval. The Attainable Housing Units equivalency for these 6 single family vacant lots equals 9 units pursuant to the Cornerstone Attainable Housing Plan. 7. 337 Elk Ranch Rd, Fraser, Colorado – 4 bedroom 4 baths in 2,439 heated livable square footage. This rental home qualifies as 4.88 units. 8. 341 Elk Ranch Rd, Fraser, Colorado – 4 bedroom 4 baths in 2,439 heated livable square footage. This rental home qualifies as 4.88 units. 9. 347 Elk Ranch Rd, Fraser, Colorado – 4 bedroom 4 baths in 2,439 heated livable square footage. This rental home qualifies as 4.88 units. 10. 601 S Zerex St, Fraser, Colorado Apartment 1 – 2 bedroom 2 baths in 1,116 heated livable square footage. This rental apartment qualifies as 2.23 units, but was completed in March of 2020 and prorated to 1.674 units for 2020. 11. 601 S Zerex St, Fraser, Colorado Apartment 2 – 2 bedroom 2 baths in 786 heated livable square footage. This rental apartment qualifies as 1.74 units, but was completed in March of 2020 and prorated to 1.30 units for 2020. Cornerstone has been working diligently to design and evaluate various attainable housing concepts. Including the following: 1. 60 Unit Deed Restricted apartment housing projects; 2. Twelve additional homes to be located in Elk Creek Filing 3 and a portion of Meyer Lot 2 on deed restricted lots; and 3. A 204 unit HUD apartment complex on planning area 2W. All of these projects are in various design development and financial evaluation stages. It is important to note the current business plan for Grand Park involves producing homes that work well for the second homeowner but also accommodate the full-time resident. The development program at Grand Park is one that melds full-time residents with second home residents seamlessly due to the development plans, product designs, and price points. This makes for vibrant, fun, social neighborhoods that also help to increase economic development activity in the area. Page 5 Today, there are more full-time families leaving in Grand Park than any other time in the past. While these are not qualified units under the Attainable Housing Plan, it is supportive of the fact Grand Park is a community comprised of both full time and second home residents. It is the intention that Grand Park continue to grow this trend for the foreseeable future. The Cornerstone Attainable Housing Plan specifically provides that sufficient demand for housing must exist prior to commencing development. Cornerstone’s design work and ongoing evaluation of various projects is indicative of its commitment to finding a product and project that has sufficient demand to justify commencing development. The Cornerstone Attainable Housing Plan also provides Fraser will consider incentive programs, modified development standards, and other regulatory approaches to facilitate attainable housing costs, in addition to assisting with the involvement of other jurisdictions. Cornerstone’s Attainable Housing mission is acknowledging the societal responsibility for fostering housing affordability, to create an environment that preserves and produces affordable homes for all residents, and to develop resources to fill the void between production costs and housing consumers’ abilities to pay. Cornerstone appreciates the vocal encouragement Fraser provides for the development of attainable housing; however, more action is needed by Fraser to address its regulations, permitting costs, and utility costs that are barriers to affordable home construction. Actions speak louder than words and while there has been a lot of talk about affordable housing by many of Fraser’s board members, there has been no actual housing created by the Town of Fraser. Fraser’s cooperation, input, ideas, and assistance are needed in order to achieve success with Cornerstone’s Attainable Housing mission which will in turn help to foster economic and business development in our community. I TOWN OF FRASER RESOLUTION NO. 06-02-07 A RESOLUTION APPROVING CORNERSTONE'S ATTAINABLE HOUSING PLAN. WHEREAS, the Cornerstone Attainable Housing Plan is submitted in accordance with section 4.7 of the annexation agreement to fulfill the requirement of the agreement, which calls for the provision of 144 attainable housing units. WHEREAS, on April 20, 2005 the Fraser Board of Trustees approved Cornerstone's Attainable Housing Plan (Exhibit "A") as required by the Amended and Restated Annexation Agreement for the Rendezvous Property, dated June 4,2003. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF FRASER, COLORADO, THAT ON APRIL 20,2005 (ATTACHED AS EXHIBIT A) FRASER APPROVED CORNERSTONE'S ATTAINABLE HOUSING PLAN PURSUANT TO SECTION 4.7 OF THE ANNEXATION AGREEMENT. DULY MOVED, SECONDED, AND ADOPTED THIS 20th DAY JUNE OF 2007. TOWN OF FRASER MBy: Fran Cook, Mayor G:\users\Board\Resolutions\2007\06-02-07 GPattainable housing.DOC il CORNERSTONE Attainable Housing Plan April 20, 2005 I Cornerstone Attainable Housing Plan 1.0 Summary This report presents the Attainable (Work Force) Housing Plan as required by the Amended and Restated Annexation Agreement for the Rendezvous Property, dated June 4, 2003. It is submitted in accordance with section 4.7 of the annexation agreement to fulfill the requirements of the agreement, which call for the provision of 144 attainable housing units, In preparing the Work Force Housing Plan, Cornerstone Winter Park Holdings, LLC ("Cornerstone") reviewed the Town of Fraser's current housing needs and Grand County market conditions with the assistance of RRC Associates. RRC's experience with attainable housing in Colorado and its familiarity with Grand County's population and demographic trends include assisting in the preparation of the Grand County Housing Needs Assessment conducted in 2000/2001. The preparation of the Cornerstone Plan included analysis of the Grand County Housing Needs Assessment (2001), 2000 Census information, Grand County Assessor records and current MLS listings; and meeting with representatives of the Grand County Housing Authority, the Fraser Work Force Housing Committee, and the Town of Fraser 2.0 Cornerstone Attainable Housing Plan The plan is based on the current Town requirement, and it is understood that Cornerstone and Rendezvous are not subject to other, future changes in regulations of the Town or extra- jurisdictions in the form of levy's, impact fees, or other controls that could impact their properties. It is understood that sufficient demand for the housing must exist prior to commencing development and that the plan may be revised upon agreement of the Town of Fraser and Cornerstone. 2.1 Plan Definitions and Elements The Housing Plan is based on the following definitions, standards and definitions: 1. Inclusionary Housing Definition. This plan is designed to address the workforce housing need related to the Cornerstone and Rendezvous properties as identified in the Rendezvous PDD, approved June 2003. Cornerstone is responsible for fulfilling the requirement for both properties by providing attainable housing on the Cornerstone property, or on sites identified by Cornerstone within the Fraser Valley. This allows for a tie between development on the Cornerstone property and the provision of work force housing. 2. Attainable Housing Definition. Based on the definition in Section 2.1.2 of the 2003 Amended and Restated Annexation Agreement, attainable housing is defined as "dwelling units or their equivalent intended to be purchased and/or rented by Fraser Valley residents that meet certain asset, income and employment guidelines". 3. Resident Criteria. The housing is intended for the permanent work force employed in the Fraser Valley, and the occupant must meet the following guidelines: a) Primary home b) May not own other developed residential property in Grand County c) Attend home-buyer's class d) Housing and qualified improvements appreciation will be deed restricted e) Work in Fraser Valley eight months/year 1 c;t.,t~;ii;j~;' It/!. .. Cornerstone Attainable Housing Plan 4. Incentives. As the cost of providing attainable housing is impacted by development standards and development fees, the Town of Fraser agrees to consider incentive programs, modified development standards, and other regulatory approaches to facilitate attainable housing costs. Town of Fraser also agrees to assist Cornerstone with the involvement of other jurisdictions. 5. Partnerships and Flexibility. Cornerstone may seek partnerships with public and private sector entities to develop work force housing. 6. Equivalency Standards. The residential equivalency for attainable housing will be accounted for as follows: Housing Type Accessory Unit (450sf) Single family lot Single family dwelling unit: 750sf or less Single family dwelling unit: greater than 750sf Multi-family Rental unit Multi-family ownership unit: 500sf or less Multi-family ownership unit: greater than 500sf Equivalency 1 unit 1.5 units 1.5 units 1.5 units + .002 unit/sf over 750sf 1.0 unit 1.0 unit 1.0 units + .002 unit/sf over 500sf 7. Administration. The Grand County Housing Authority will review resident qualification and administer the deed restriction programs. An annual audit will be provided to the Town by Cornerstone on or before October 31 of each year. Development Proposal - Elk Creek Neighborhood Cornerstone proposes to develop an initial attainable housing project in a traditional neighborhood with an integrated plan of attainable and market priced housing consisting of single family and multi-family residential, The proposed project is located along Elk Creek near Count Road 72 immediately adjacent to the existing developed portion of the Town of Fraser. Within walking distance of existing commercial and transportation services the neighborhood is designed with a traditional layout of single-family detached lots and multi-family housing reflecting the pattern of 'old' Fraser. This pattern will help foster 'connectivity' and a sense of neighborliness along Elk Creek with convenient roadway and trail access. Architectural guidelines will provide a simple but consistent framework promoting a 'mountain meadow' cottage character emphasizing porches; setback and detached garages; gabled roof forms with dormers; and a palette of traditional materials and colors. The plan as proposed contains a minimum of 15 attainable multi-family (town home and/or apartment) residences and 34 attainable single-family lots - which can be provided as lots for owner constructed; builder constructed and developer constructed residences. Development of the Elk Creek neighborhood would commence upon reservation/contracting 50% of the affordable housing and/or land product. 2 TOWN OF FRASER RESOLUTION NO. 2015-03-02 A RESOLUTION DIRECTING TO TOWN MANAGER TO AMEND SIGNATURE AUTHORIZATIONS FOR TOWN BANK ACCOUNTS BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF FRASER, COLORADO THAT: 1. That the Town Manager is hereby authorized to establish signature authorizations for the Town Manager, Mayor, Mayor Pro Tern and Town Clerk on all of the Town bank accounts. 2. Town Manager is authorized and directed to keep all banking signature authorizations current. 3. The Town Manager is further authorized to assign full banking access, except signature authorization, to Town personnel as determined by job duties and responsibilities. READ, PASSED ON ROLL CALL VOTE, AND ADOPTED BY THE BOARD OF TRUSTEES THIS 6th DAY OF MAY, 2015. Votes in favor: 7 BOARD OF TRUSTEES OF THE Votes opposed: tO TOWN F RASER, COLORADO Absent: Abstained: BY: Mayo) 0, 0 OFFA ATTEST: SEA ) SEAL Ct 60.4c14,04_ Town Clerk col.ORACP TOWN OF FRASER COMBINED CASH INVESTMENT OCTOBER 31, 2020 COMBINED CASH ACCOUNTS 01-10200 GENERAL CHECKING #878-000884 456,583.52 01-10215 XPRESS DEPOSIT ACCOUNT 61,207.74 01-10220 GENERAL CO-01-0160-8001 12,363,131.24 TOTAL COMBINED CASH 12,880,922.50 01-10100 CASH ALLOCATED TO OTHER FUNDS ( 12,880,922.50) TOTAL UNALLOCATED CASH .00 CASH ALLOCATION RECONCILIATION 10 ALLOCATION TO GENERAL FUND 5,947,767.79 12 ALLOCATION TO RESTRICTED REVENUE FUND 284,250.01 20 ALLOCATION TO CONSERVATION TRUST FUND 18,852.29 30 ALLOCATION TO CAPITAL EQUIP REPLACEMENT FUND 138,463.97 32 ALLOCATION TO CAPITAL ASSET FUND ( 327,367.79) 35 ALLOCATION TO CROS FUND 212,946.61 40 ALLOCATION TO DEBT SERVICE FUND 35,512.63 50 ALLOCATION TO WATER FUND 1,728,689.94 55 ALLOCATION TO WASTEWATER FUND 4,841,807.05 TOTAL ALLOCATIONS TO OTHER FUNDS 12,880,922.50 ALLOCATION FROM COMBINED CASH FUND - 01-10100 ( 12,880,922.50) ZERO PROOF IF ALLOCATIONS BALANCE .00 TOWN OF FRASER BALANCE SHEET OCTOBER 31, 2020 GENERAL FUND ASSETS 10-10100 CASH - COMBINED FUND 5,947,767.79 10-11100 PROPERTY TAXES RECEIVABLE 335,040.00 10-11550 ACCTS REC - BILLINGS 148,437.27 10-11560 ACCTS REC - BUSINESS LIC 2,480.00 TOTAL ASSETS 6,433,725.06 LIABILITIES AND EQUITY LIABILITIES 10-20200 ACCOUNTS PAYABLE TRADE 370,201.27 10-20800 DUE TO CREATIVE ARTS CENTER 5,070.45 10-21000 ACCRUED WAGES 49,916.43 10-21710 FWT/FICA PAYABLE 17,362.11 10-21720 SALES TAX PAYABLE 567.64 10-21730 STATE WITHHOLDING PAYABLE 7,247.00 10-21740 UNEMPLOYMENT TAXES PAYABLE 621.26 10-21750 RETIREMENT PLAN PAYABLE 5,778.14 10-21755 457 DEFERRED COMP PAYABLE 3,908.47 10-21760 HEALTH INSURANCE PAYABLE ( 4,100.39) 10-21773 DEPENDENT CARE PAYABLE 3,342.66 10-21775 FLEX HEALTH PLAN PAYABLE 4,923.79 10-21780 GARNISHMENTS PAYABLE 517.56 10-21900 ECONOMIC INCENTIVE FEE REBATE 45,038.00 10-22100 WAIVED COMPENSATION 500.00 10-22210 DEFERRED TAXES 335,040.00 10-22920 SUBDIVISION IMP SECURITY DEP 102,369.01 10-22950 RENTAL PROPERTY DEPOSITS HELD 500.00 TOTAL LIABILITIES 948,803.40 FUND EQUITY 10-27000 GF COMMITTED RESERVE BALANCE 1,000,000.00 10-27050 GF STRATEGIC RESERVES 1,100,000.00 10-27100 GF RESTRICTED RESERVE BALANCE 258,615.20 UNAPPROPRIATED FUND BALANCE: REVENUE OVER EXPENDITURES - YTD 3,126,306.46 BALANCE - CURRENT DATE 3,126,306.46 TOTAL FUND EQUITY 5,484,921.66 TOTAL LIABILITIES AND EQUITY 6,433,725.06 TOWN OF FRASER REVENUES WITH COMPARISON TO BUDGET FOR THE 10 MONTHS ENDING OCTOBER 31, 2020 GENERAL FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT TAXES 10-31-100 GENERAL FUND PROPERTY TAX 234.12 333,099.85 325,000.00 ( 8,099.85)102.5 10-31-200 SPECIFIC OWNERSHIP TAX 149.65 16,277.17 12,000.00 ( 4,277.17)135.6 10-31-300 MOTOR VEHICLE TAX .00 .00 4,500.00 4,500.00 .0 10-31-400 TOWN SALES TAX 365,188.79 2,302,026.60 2,750,000.00 447,973.40 83.7 10-31-410 USE TAX - BUILDING MATERIALS 17,218.23 151,816.96 100,000.00 ( 51,816.96)151.8 10-31-420 USE TAX - MOTOR VEHICLE SALES 32,217.73 104,668.59 65,000.00 ( 39,668.59)161.0 10-31-430 STATE CIGARETTE TAX 509.60 3,578.66 3,200.00 ( 378.66)111.8 10-31-800 FRANCHISE FEES .00 34,847.10 55,000.00 20,152.90 63.4 TOTAL TAXES 415,518.12 2,946,314.93 3,314,700.00 368,385.07 88.9 LICENSES & PERMITS 10-32-100 BUSINESS LICENSE FEES 200.00 15,283.00 15,000.00 ( 283.00)101.9 10-32-110 REGULATED INDUSTRY FEES/TAXES 25,217.62 168,363.41 120,000.00 ( 48,363.41)140.3 TOTAL LICENSES & PERMITS 25,417.62 183,646.41 135,000.00 ( 48,646.41)136.0 INTERGOVERNMENTAL 10-33-100 GRANTS .00 414,210.84 300,000.00 ( 114,210.84)138.1 TOTAL INTERGOVERNMENTAL .00 414,210.84 300,000.00 ( 114,210.84)138.1 CHARGES FOR SERVICES 10-34-100 ANNEXATION FEES .00 .00 1,000.00 1,000.00 .0 10-34-110 ZONING FEES .00 .00 1,500.00 1,500.00 .0 10-34-120 SUBDIVISION FEES .00 5,450.00 1,500.00 ( 3,950.00)363.3 10-34-130 MISCELLANEOUS PLANNING FEES .00 80.00 1,000.00 920.00 8.0 10-34-300 PAYT 6,410.30 61,219.99 35,000.00 ( 26,219.99)174.9 TOTAL CHARGES FOR SERVICES 6,410.30 66,749.99 40,000.00 ( 26,749.99)166.9 MISCELLANEOUS REVENUE 10-36-100 INTEREST EARNINGS 844.13 31,107.44 50,000.00 18,892.56 62.2 10-36-300 RENTAL INCOME 825.00 8,735.00 15,500.00 6,765.00 56.4 10-36-600 COMMUNITY HOUSING 2,550.00 13,350.00 15,000.00 1,650.00 89.0 10-36-610 REIMBURSABLE - PROF SERVICES 139,530.31 174,235.77 50,000.00 ( 124,235.77)348.5 10-36-630 DISPOSABLE BAG FEES .00 18,477.60 10,000.00 ( 8,477.60)184.8 10-36-900 MISCELLANEOUS REVENUE 185,176.80 238,765.03 30,500.00 ( 208,265.03)782.8 TOTAL MISCELLANEOUS REVENUE 328,926.24 484,670.84 171,000.00 ( 313,670.84)283.4 TOWN OF FRASER REVENUES WITH COMPARISON TO BUDGET FOR THE 10 MONTHS ENDING OCTOBER 31, 2020 GENERAL FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT OTHER SOURCES & TRANSFERS 10-39-920 TRANSFER IN FROM GF RESERVES .00 .00 6,379.00 6,379.00 .0 10-39-999 UNASSIGNED FUND BALANCE .00 2,055,682.99 1,661,735.82 ( 393,947.17)123.7 TOTAL OTHER SOURCES & TRANSFERS .00 2,055,682.99 1,668,114.82 ( 387,568.17)123.2 TOTAL FUND REVENUE 776,272.28 6,151,276.00 5,628,814.82 ( 522,461.18)109.3 TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 10 MONTHS ENDING OCTOBER 31, 2020 GENERAL FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT TOWN BOARD 10-41-110 SALARIES .00 27,645.00 30,000.00 2,355.00 92.2 10-41-220 FICA TAX .00 1,654.04 3,825.00 2,170.96 43.2 10-41-280 TRAINING PROGRAMS .00 110.00 6,000.00 5,890.00 1.8 10-41-290 TRAVEL, MEALS AND LODGING .00 1,478.02 5,500.00 4,021.98 26.9 10-41-295 MEALS AND ENTERTAINMENT 755.01 3,943.18 10,000.00 6,056.82 39.4 10-41-690 MISCELLANEOUS EXPENSE 225.24 7,935.24 10,500.00 2,564.76 75.6 10-41-860 GRANTS AND AID TO AGENCIES .00 .00 5,000.00 5,000.00 .0 10-41-861 INTERGOVERNMENTAL AGREEMENTS 4,500.00 4,500.00 5,000.00 500.00 90.0 10-41-862 FRASER/WINTER PARK POLICE DEPT 37,827.00 513,891.00 635,000.00 121,109.00 80.9 10-41-863 STREET LIGHTING AND SIGNALS 1,288.15 11,387.98 22,750.00 11,362.02 50.1 10-41-864 SPECIAL EVENTS .00 13,857.34 15,000.00 1,142.66 92.4 10-41-870 BUSINESS DIST STREETSCAPE .00 4,800.00 5,000.00 200.00 96.0 10-41-871 BUSINESS ENHANCEMENT PROGRAMS 3,520.06 115,814.74 82,500.00 ( 33,314.74)140.4 10-41-872 SUSTAINABILITY 3,423.39 4,949.91 15,000.00 10,050.09 33.0 10-41-873 RECYCLE FACILITY 5,093.97 55,879.17 50,000.00 ( 5,879.17)111.8 10-41-874 COMMUNITY HOUSING .00 50,000.00 500,000.00 450,000.00 10.0 10-41-875 MARKETING 1,837.46 5,956.61 25,000.00 19,043.39 23.8 TOTAL TOWN BOARD 58,470.28 823,802.23 1,426,075.00 602,272.77 57.8 TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 10 MONTHS ENDING OCTOBER 31, 2020 GENERAL FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT ADMINISTRATION 10-45-110 SALARIES 44,250.95 291,250.66 365,000.00 73,749.34 79.8 10-45-210 HEALTH INSURANCE 11,826.40 63,779.66 85,000.00 21,220.34 75.0 10-45-220 FICA TAX 3,201.50 20,865.78 28,000.00 7,134.22 74.5 10-45-230 RETIREMENT 2,385.99 13,424.13 20,000.00 6,575.87 67.1 10-45-250 UNEMPLOYMENT TAX 133.83 879.20 1,094.00 214.80 80.4 10-45-280 TRAINING PROGRAMS 58.48 7,126.38 8,000.00 873.62 89.1 10-45-290 TRAVEL, MEALS AND LODGING .00 1,556.10 10,000.00 8,443.90 15.6 10-45-295 MEALS AND ENTERTAINMENT 39.87 2,621.06 6,000.00 3,378.94 43.7 10-45-310 LEGAL FEES 20,800.63 72,573.93 50,000.00 ( 22,573.93)145.2 10-45-320 AUDIT FEES .00 20,604.00 18,200.00 ( 2,404.00)113.2 10-45-330 ENGINEERING FEES .00 .00 3,500.00 3,500.00 .0 10-45-360 COMPUTERS-NETWORKS AND SUPPORT 2,189.82 43,308.88 90,000.00 46,691.12 48.1 10-45-370 OTHER PROFESSIONAL SERVICES 2,570.00 32,177.12 50,000.00 17,822.88 64.4 10-45-375 REIMBURSABLE PROF SERVICES 9,857.25 16,381.59 50,000.00 33,618.41 32.8 10-45-380 JANITORIAL SERVICES 897.60 9,893.97 15,918.12 6,024.15 62.2 10-45-385 TREASURER'S FEES 4.68 6,661.96 7,725.00 1,063.04 86.2 10-45-395 RECORDING FEES .00 1,000.00 1,500.00 500.00 66.7 10-45-410 BANK CHARGES 360.22 6,496.18 1,200.00 ( 5,296.18)541.4 10-45-420 ELECTIONS 44.48 44.48 5,000.00 4,955.52 .9 10-45-430 INSURANCE - ALL DEPARTMENTS 838.32 105,092.55 75,000.00 ( 30,092.55)140.1 10-45-440 ADVERTISING 780.00 2,731.03 2,500.00 ( 231.03)109.2 10-45-490 PROFESSIONAL MEMBERSHIPS .00 10,786.70 8,500.00 ( 2,286.70)126.9 10-45-500 OPERATING SUPPLIES 783.59 9,080.97 15,435.00 6,354.03 58.8 10-45-510 EQUIPMENT PURCHASE AND REPAIR .00 4,249.77 10,000.00 5,750.23 42.5 10-45-550 POSTAGE .00 1,984.57 2,500.00 515.43 79.4 10-45-560 UTILITIES -TELEPHONE 895.30 7,144.57 8,670.85 1,526.28 82.4 10-45-561 UTILITIES - NATURAL GAS 170.04 2,108.43 6,400.00 4,291.57 32.9 10-45-562 UTILITIES - ELECTRICITY 457.01 4,837.47 6,400.00 1,562.53 75.6 10-45-569 UTILITIES - TRASH REMOVAL .00 .00 2,500.00 2,500.00 .0 10-45-670 PROP MGMT - 107 EISENHOWER DR 931.43 9,688.78 25,000.00 15,311.22 38.8 10-45-671 PROP MGMT - 105 FRASER AVE .00 825.70 500.00 ( 325.70)165.1 10-45-673 PROP MGMT - 153 FRASER AVE 26,462.91 36,999.07 60,000.00 23,000.93 61.7 10-45-674 PROP MGMT - 200 EISENHOWER DR .00 1,035.44 500.00 ( 535.44)207.1 10-45-690 MISCELLANEOUS EXPENSE 2,662.03 17,581.43 12,000.00 ( 5,581.43)146.5 10-45-695 BAD DEBT WRITE-OFF .00 540.00 .00 ( 540.00).0 TOTAL ADMINISTRATION 132,602.33 825,331.56 1,052,042.97 226,711.41 78.5 TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 10 MONTHS ENDING OCTOBER 31, 2020 GENERAL FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT PUBLIC WORKS 10-60-110 SALARIES 72,195.75 571,557.57 735,000.00 163,442.43 77.8 10-60-210 HEALTH INSURANCE 26,909.49 148,478.86 201,000.00 52,521.14 73.9 10-60-220 FICA TAX 5,061.02 40,094.24 57,000.00 16,905.76 70.3 10-60-230 RETIREMENT 2,791.98 22,472.90 33,000.00 10,527.10 68.1 10-60-250 UNEMPLOYMENT TAX 218.51 1,725.49 2,200.00 474.51 78.4 10-60-280 TRAINING PROGRAMS .00 7,509.65 2,500.00 ( 5,009.65)300.4 10-60-290 TRAVEL, MEALS AND LODGING .00 391.04 2,500.00 2,108.96 15.6 10-60-295 MEALS AND ENTERTAINMENT 73.78 665.03 1,500.00 834.97 44.3 10-60-330 ENGINEERING FEES .00 73,998.26 30,000.00 ( 43,998.26)246.7 10-60-360 COMPUTER NETWORK SUPPORT 468.12 26,204.36 33,075.00 6,870.64 79.2 10-60-370 OTHER PROFESSIONAL SERVICES 474.75 7,865.74 90,000.00 82,134.26 8.7 10-60-480 EQUIPMENT RENTAL 137.00 1,403.00 2,500.00 1,097.00 56.1 10-60-490 PROFESSIONAL MEMBERSHIPS .00 786.00 1,000.00 214.00 78.6 10-60-500 OPERATING SUPPLIES 11,702.60 76,029.82 90,000.00 13,970.18 84.5 10-60-506 PLANTS/PLANTER SUPPLIES 833.20 27,133.31 120,000.00 92,866.69 22.6 10-60-510 EQUIPMENT PURCHASE AND REPAIR 6,673.33 73,813.76 55,000.00 ( 18,813.76)134.2 10-60-560 UTILITIES - TELEPHONE 715.36 3,851.26 3,121.20 ( 730.06)123.4 10-60-561 UTILITIES - NATURAL GAS 156.01 2,882.83 7,000.00 4,117.17 41.2 10-60-562 UTILITIES - ELECTRICITY .00 .00 3,500.00 3,500.00 .0 10-60-670 PROP MGMT - 125 FRASER AVE 142.52 4,154.71 60,000.00 55,845.29 6.9 10-60-673 PROP MGMT - FRASER RIVER TRAIL 977.67 2,526.00 10,000.00 7,474.00 25.3 10-60-674 PROP MGMT - HWY 40 PEDESTRIAN .00 295.00 6,000.00 5,705.00 4.9 10-60-675 PROP MGMT - KOPPERS PARK .00 .00 1,500.00 1,500.00 .0 10-60-676 PROP MGMT - OLD SCHLHOUSE PK .00 432.59 5,000.00 4,567.41 8.7 10-60-678 PROP MGMT - OUTDOORACTIVITYCTR 17.53 643.57 .00 ( 643.57).0 10-60-679 PROP MGMT - SCHOOL BUS GARAGE 320.23 4,836.50 5,000.00 163.50 96.7 10-60-681 PROP MGMT - COZENS RANCH PARK 2,778.07 16,691.76 15,000.00 ( 1,691.76)111.3 10-60-682 PROP MGMT - AMTRAK STATION .00 2,079.00 .00 ( 2,079.00).0 10-60-684 PROP MGMT - FRODO .00 .00 5,000.00 5,000.00 .0 10-60-685 PROP MGMT - MTN MAN PARK .00 640.05 500.00 ( 140.05)128.0 10-60-686 GORANSON STATION .00 126.68 500.00 373.32 25.3 10-60-687 PROP MGMT - 6 W .00 321.10 5,000.00 4,678.90 6.4 10-60-690 MISCELLANEOUS EXPENSE 390.00 5,401.39 8,000.00 2,598.61 67.5 10-60-740 ART IN PUBLIC PLACES 1,379.39 28,535.77 60,000.00 31,464.23 47.6 TOTAL PUBLIC WORKS 134,416.31 1,153,547.24 1,651,396.20 497,848.96 69.9 120 ZEREX AVENUE 10-65-380 JANITORIAL SERVICES 1,395.00 11,474.89 6,367.25 ( 5,107.64)180.2 10-65-561 UTILITIES - NATURAL GAS 69.02 773.88 1,236.36 462.48 62.6 10-65-562 UTILITIES - ELECTRICITY 100.07 877.19 1,236.36 359.17 71.0 10-65-670 PROP MGMT - 120 ZEREX .00 .00 5,000.00 5,000.00 .0 TOTAL 120 ZEREX AVENUE 1,564.09 13,125.96 13,839.97 714.01 94.8 TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 10 MONTHS ENDING OCTOBER 31, 2020 GENERAL FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT TRANSFERS 10-90-920 TRANSFER TO CERF - POLICE DEPT .00 .00 60,000.00 60,000.00 .0 10-90-930 TRANSFER TO CERF - PUBLICWORKS .00 .00 50,000.00 50,000.00 .0 10-90-935 TRANSFER TO CAF .00 200,000.00 550,000.00 350,000.00 36.4 10-90-960 TRANSFER TO CROS .00 .00 326,379.00 326,379.00 .0 10-90-970 TRANSFER TO COMMITTED RESERVES .00 .00 45,636.00 45,636.00 .0 TOTAL TRANSFERS .00 200,000.00 1,032,015.00 832,015.00 19.4 FISCAL AGENT 10-95-110 SALARIES 7,058.03 8,038.51 .00 ( 8,038.51).0 10-95-210 HEALTH INSURANCE 4,350.20 .00 .00 .00 .0 10-95-220 FICA TAX 494.01 565.73 .00 ( 565.73).0 10-95-230 RETIREMENT 358.10 397.33 .00 ( 397.33).0 10-95-250 UNEMPLOYMENT TAX 21.72 24.52 .00 ( 24.52).0 10-95-560 TELEPHONE 43.00 .00 .00 .00 .0 10-95-690 MISC. PAYROLL EXPENSE 136.46 136.46 .00 ( 136.46).0 TOTAL FISCAL AGENT 12,461.52 9,162.55 .00 ( 9,162.55).0 TOTAL FUND EXPENDITURES 339,514.53 3,024,969.54 5,175,369.14 2,150,399.60 58.5 NET REVENUE OVER EXPENDITURES 436,757.75 3,126,306.46 453,445.68 ( 2,672,860.78)689.5 TOWN OF FRASER BALANCE SHEET OCTOBER 31, 2020 RESTRICTED REVENUE FUND ASSETS 12-10100 CASH COMBINED FUND 284,250.01 12-11550 ACCOUNTS RECEIVABLE - BILLINGS 11,000.00 TOTAL ASSETS 295,250.01 LIABILITIES AND EQUITY FUND EQUITY UNAPPROPRIATED FUND BALANCE: REVENUE OVER EXPENDITURES - YTD 295,250.01 BALANCE - CURRENT DATE 295,250.01 TOTAL FUND EQUITY 295,250.01 TOTAL LIABILITIES AND EQUITY 295,250.01 TOWN OF FRASER REVENUES WITH COMPARISON TO BUDGET FOR THE 10 MONTHS ENDING OCTOBER 31, 2020 RESTRICTED REVENUE FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT TAXES 12-31-100 RESTRICTED 1% GF SALES TAX 91,297.20 575,506.64 687,500.00 111,993.36 83.7 12-31-800 INTEREST INCOME 47.02 1,185.95 309.09 ( 876.86)383.7 TOTAL TAXES 91,344.22 576,692.59 687,809.09 111,116.50 83.8 INTERGOVENMENTAL 12-33-100 GRANTS & AID TO AGENCIES 11,000.00 11,000.00 .00 ( 11,000.00).0 TOTAL INTERGOVENMENTAL 11,000.00 11,000.00 .00 ( 11,000.00).0 OTHER SOURCES 12-39-999 UNASSIGNED FUND BALANCE .00 158,331.50 35,240.43 ( 123,091.07)449.3 TOTAL OTHER SOURCES .00 158,331.50 35,240.43 ( 123,091.07)449.3 TOTAL FUND REVENUE 102,344.22 746,024.09 723,049.52 ( 22,974.57)103.2 TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 10 MONTHS ENDING OCTOBER 31, 2020 RESTRICTED REVENUE FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT EXPENDITURES 12-40-610 TRANSPORTATION O&M 116,444.24 399,249.16 660,000.00 260,750.84 60.5 12-40-710 TRAILS O&M 445.20 16,524.92 20,000.00 3,475.08 82.6 12-40-715 TRAILS - CAPITAL EXPENDITURES .00 35,000.00 35,000.00 .00 100.0 TOTAL EXPENDITURES 116,889.44 450,774.08 715,000.00 264,225.92 63.1 TOTAL FUND EXPENDITURES 116,889.44 450,774.08 715,000.00 264,225.92 63.1 NET REVENUE OVER EXPENDITURES ( 14,545.22)295,250.01 8,049.52 ( 287,200.49)3667.9 TOWN OF FRASER BALANCE SHEET OCTOBER 31, 2020 CONSERVATION TRUST FUND ASSETS 20-10100 CASH - COMBINED FUND 18,852.29 TOTAL ASSETS 18,852.29 LIABILITIES AND EQUITY FUND EQUITY UNAPPROPRIATED FUND BALANCE: REVENUE OVER EXPENDITURES - YTD 18,852.29 BALANCE - CURRENT DATE 18,852.29 TOTAL FUND EQUITY 18,852.29 TOTAL LIABILITIES AND EQUITY 18,852.29 TOWN OF FRASER REVENUES WITH COMPARISON TO BUDGET FOR THE 10 MONTHS ENDING OCTOBER 31, 2020 CONSERVATION TRUST FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT REVENUE 20-30-100 CONS TRUST (LOTTERY) PROCEEDS .00 4,987.21 6,800.00 1,812.79 73.3 20-30-800 INTEREST EARNINGS 2.86 102.76 75.00 ( 27.76)137.0 20-30-999 UNASSIGNED FUND BALANCE .00 13,762.32 13,858.29 95.97 99.3 TOTAL REVENUE 2.86 18,852.29 20,733.29 1,881.00 90.9 TOTAL FUND REVENUE 2.86 18,852.29 20,733.29 1,881.00 90.9 TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 10 MONTHS ENDING OCTOBER 31, 2020 CONSERVATION TRUST FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT EXPENDITURES 20-40-920 TRANSFER TO OTHER FUNDS .00 .00 10,000.00 10,000.00 .0 TOTAL EXPENDITURES .00 .00 10,000.00 10,000.00 .0 TOTAL FUND EXPENDITURES .00 .00 10,000.00 10,000.00 .0 NET REVENUE OVER EXPENDITURES 2.86 18,852.29 10,733.29 ( 8,119.00)175.6 TOWN OF FRASER BALANCE SHEET OCTOBER 31, 2020 CAPITAL EQUIP REPLACEMENT FUND ASSETS 30-10100 CASH - COMBINED FUND 138,463.97 TOTAL ASSETS 138,463.97 LIABILITIES AND EQUITY FUND EQUITY UNAPPROPRIATED FUND BALANCE: REVENUE OVER EXPENDITURES - YTD 138,463.97 BALANCE - CURRENT DATE 138,463.97 TOTAL FUND EQUITY 138,463.97 TOTAL LIABILITIES AND EQUITY 138,463.97 TOWN OF FRASER REVENUES WITH COMPARISON TO BUDGET FOR THE 10 MONTHS ENDING OCTOBER 31, 2020 CAPITAL EQUIP REPLACEMENT FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT REVENUE 30-30-100 HWY USE TAX PROCEEDS 4,450.70 34,962.57 47,393.85 12,431.28 73.8 30-30-800 INTEREST EARNINGS 30.49 2,140.76 2,500.00 359.24 85.6 30-30-900 TRANSFER FROM G/F - POLICEDEPT .00 .00 60,000.00 60,000.00 .0 30-30-910 TRANSFER FROM G/F - PUBLICWORK .00 .00 50,000.00 50,000.00 .0 30-30-920 TRANSFER FROM UTILITY FUNDS .00 .00 60,000.00 60,000.00 .0 30-30-999 UNASSIGNED FUND BALANCE .00 274,945.54 248,300.14 ( 26,645.40)110.7 TOTAL REVENUE 4,481.19 312,048.87 468,193.99 156,145.12 66.7 TOTAL FUND REVENUE 4,481.19 312,048.87 468,193.99 156,145.12 66.7 TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 10 MONTHS ENDING OCTOBER 31, 2020 CAPITAL EQUIP REPLACEMENT FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT EXPENDITURES 30-40-745 PUBLIC SAFETY FLEET PURCHASE 57,731.35 57,731.35 60,000.00 2,268.65 96.2 30-40-750 REGULAR FLEET PURCHASE 6,658.00 6,658.00 .00 ( 6,658.00).0 30-40-755 HEAVY EQUIPMENT PURCHASE .00 7,753.85 200,000.00 192,246.15 3.9 30-40-810 LEASE/PURCHASE - PRINCIPAL 2,257.74 87,715.91 100,000.00 12,284.09 87.7 30-40-820 LEASE/PURCHASE - INTEREST 269.61 13,725.79 5,000.00 ( 8,725.79)274.5 TOTAL EXPENDITURES 66,916.70 173,584.90 365,000.00 191,415.10 47.6 TOTAL FUND EXPENDITURES 66,916.70 173,584.90 365,000.00 191,415.10 47.6 NET REVENUE OVER EXPENDITURES ( 62,435.51)138,463.97 103,193.99 ( 35,269.98)134.2 TOWN OF FRASER BALANCE SHEET OCTOBER 31, 2020 CAPITAL ASSET FUND ASSETS 32-10100 CASH - COMBINED FUND ( 327,367.79) TOTAL ASSETS ( 327,367.79) LIABILITIES AND EQUITY FUND EQUITY UNAPPROPRIATED FUND BALANCE: 32-29800 FUND BALANCE - BEGINNING OF YR ( 276,568.37) REVENUE OVER EXPENDITURES - YTD ( 50,799.42) BALANCE - CURRENT DATE ( 327,367.79) TOTAL FUND EQUITY ( 327,367.79) TOTAL LIABILITIES AND EQUITY ( 327,367.79) TOWN OF FRASER REVENUES WITH COMPARISON TO BUDGET FOR THE 10 MONTHS ENDING OCTOBER 31, 2020 CAPITAL ASSET FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT CAPITAL ASSET REVENUE 32-30-100 RESERVED FOR FUTURE USE .00 .00 300,000.00 300,000.00 .0 32-30-800 INTEREST EARNINGS ( 44.81)( 619.70).00 619.70 .0 32-30-910 TRANSFER IN FROM GENERAL FUND .00 200,000.00 550,000.00 350,000.00 36.4 32-30-999 UNASSIGNED FUND BALANCE .00 299,057.82 521,042.52 221,984.70 57.4 TOTAL CAPITAL ASSET REVENUE ( 44.81)498,438.12 1,371,042.52 872,604.40 36.4 TOTAL FUND REVENUE ( 44.81)498,438.12 1,371,042.52 872,604.40 36.4 TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 10 MONTHS ENDING OCTOBER 31, 2020 CAPITAL ASSET FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT CAPITAL ASSET EXPENDITURES 32-40-810 CAPITAL PROJ- STREETS EXISTING 30,563.79 549,237.54 1,000,000.00 450,762.46 54.9 TOTAL CAPITAL ASSET EXPENDITURES 30,563.79 549,237.54 1,000,000.00 450,762.46 54.9 TOTAL FUND EXPENDITURES 30,563.79 549,237.54 1,000,000.00 450,762.46 54.9 NET REVENUE OVER EXPENDITURES ( 30,608.60)( 50,799.42)371,042.52 421,841.94 ( 13.7) TOWN OF FRASER BALANCE SHEET OCTOBER 31, 2020 CROS FUND ASSETS 35-10100 CASH COMBINED FUND 212,946.61 TOTAL ASSETS 212,946.61 LIABILITIES AND EQUITY FUND EQUITY UNAPPROPRIATED FUND BALANCE: REVENUE OVER EXPENDITURES - YTD 212,946.61 BALANCE - CURRENT DATE 212,946.61 TOTAL FUND EQUITY 212,946.61 TOTAL LIABILITIES AND EQUITY 212,946.61 TOWN OF FRASER REVENUES WITH COMPARISON TO BUDGET FOR THE 10 MONTHS ENDING OCTOBER 31, 2020 CROS FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT INTERGOVERNMENTAL - REVENUE 35-30-100 GRANTS AND AWARDS .00 .00 735,000.00 735,000.00 .0 35-30-130 INTEREST INCOME 32.31 1,483.82 .00 ( 1,483.82).0 35-30-910 TRANSFER IN FROM GENERAL FUND .00 .00 326,379.00 326,379.00 .0 35-30-920 TRANSFER IN FROM CTF .00 .00 10,000.00 10,000.00 .0 35-30-999 CARRYOVER BALANCE .00 212,232.79 213,021.00 788.21 99.6 TOTAL INTERGOVERNMENTAL - REVENUE 32.31 213,716.61 1,284,400.00 1,070,683.39 16.6 TOTAL FUND REVENUE 32.31 213,716.61 1,284,400.00 1,070,683.39 16.6 TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 10 MONTHS ENDING OCTOBER 31, 2020 CROS FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT PROJECT WIDE SCOPE - EXPENSES 35-40-320 LANDSCAPE .00 .00 60,000.00 60,000.00 .0 35-40-330 PLAYGROUND .00 .00 600,000.00 600,000.00 .0 35-40-335 RESTROOMS .00 770.00 600,000.00 599,230.00 .1 TOTAL PROJECT WIDE SCOPE - EXPENSES .00 770.00 1,260,000.00 1,259,230.00 .1 TOTAL FUND EXPENDITURES .00 770.00 1,260,000.00 1,259,230.00 .1 NET REVENUE OVER EXPENDITURES 32.31 212,946.61 24,400.00 ( 188,546.61)872.7 TOWN OF FRASER BALANCE SHEET OCTOBER 31, 2020 DEBT SERVICE FUND ASSETS 40-10100 CASH - COMBINED FUND 35,512.63 TOTAL ASSETS 35,512.63 LIABILITIES AND EQUITY FUND EQUITY 40-27100 DSF COMMITTED RESERVE BALANCE 33,693.16 UNAPPROPRIATED FUND BALANCE: REVENUE OVER EXPENDITURES - YTD 1,819.47 BALANCE - CURRENT DATE 1,819.47 TOTAL FUND EQUITY 35,512.63 TOTAL LIABILITIES AND EQUITY 35,512.63 TOWN OF FRASER REVENUES WITH COMPARISON TO BUDGET FOR THE 10 MONTHS ENDING OCTOBER 31, 2020 DEBT SERVICE FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT REVENUE 40-30-800 INTEREST EARNINGS 5.39 246.94 1,000.00 753.06 24.7 40-30-999 CARRYOVER BALANCE .00 1,572.53 1,773.00 200.47 88.7 TOTAL REVENUE 5.39 1,819.47 2,773.00 953.53 65.6 TOTAL FUND REVENUE 5.39 1,819.47 2,773.00 953.53 65.6 NET REVENUE OVER EXPENDITURES 5.39 1,819.47 2,773.00 953.53 65.6 TOWN OF FRASER BALANCE SHEET OCTOBER 31, 2020 WATER FUND ASSETS 50-10100 CASH - COMBINED FUND 1,728,689.94 50-10290 CASH W/TREASURER - COLLECTIONS 1,660.84 50-11500 A/R CUSTOMER SERVICE CHARGES 33,373.98 50-11560 A/R - DEFERRED PIF 279,766.67 50-16100 LAND 100,000.00 50-16200 BUILDINGS 3,040,174.49 50-16203 WELLS SYSTEM 890,619.74 50-16212 WATER DISTRIBUTION/STORAGE 10,159,161.12 50-16213 WELLS 1,083,397.93 50-16400 EQUIPMENT 353,994.02 50-16500 WATER RIGHTS 645,085.86 50-17900 ACCUMULATED DEPRECIATION ( 261,312.67) 50-17901 ACCUMULATED DEPR - BLDGS& IMPR ( 1,282,671.00) 50-17902 ACCUMULATED DEPR - SYSTEM&IMPR ( 4,821,135.00) TOTAL ASSETS 11,950,805.92 LIABILITIES AND EQUITY LIABILITIES 50-20775 DUE TO RENDEZVOUS - TAPS 136,189.26 50-20776 DUE TO GRAND PARK - TAPS 215,600.00 50-21100 ACCRUED PTO AND BENEFITS 9,181.00 50-22910 ROAD CUT SURITY FEES 34,337.00 50-22920 BULK WATER SECURITY DEP 18,200.00 TOTAL LIABILITIES 413,507.26 FUND EQUITY 50-27000 WF COMMITTED RESERVE BALANCE 500,000.00 50-27050 WF STRATEGIC RESERVES 155,525.00 UNAPPROPRIATED FUND BALANCE: 50-29800 RETAINED EARNINGS 9,969,182.69 REVENUE OVER EXPENDITURES - YTD 912,590.97 BALANCE - CURRENT DATE 10,881,773.66 TOTAL FUND EQUITY 11,537,298.66 TOTAL LIABILITIES AND EQUITY 11,950,805.92 TOWN OF FRASER REVENUES WITH COMPARISON TO BUDGET FOR THE 10 MONTHS ENDING OCTOBER 31, 2020 WATER FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT LICENSES & PERMITS 50-32-100 EXCAVATION PERMIT FEES .00 2,200.00 275.00 ( 1,925.00)800.0 TOTAL LICENSES & PERMITS .00 2,200.00 275.00 ( 1,925.00)800.0 CHARGES FOR SERVICES 50-34-100 CUSTOMER SERVICE CHARGES 580.75 808,091.68 1,025,000.00 216,908.32 78.8 50-34-150 PENALTIES & INTEREST 1,261.71 4,447.32 1,000.00 ( 3,447.32)444.7 50-34-200 PLANT INVESTMENT FEES .00 30,800.00 7,700.00 ( 23,100.00)400.0 50-34-300 WATER METER SALES 1,890.00 30,194.02 50,000.00 19,805.98 60.4 TOTAL CHARGES FOR SERVICES 3,732.46 873,533.02 1,083,700.00 210,166.98 80.6 MISCELLANEOUS REVENUE 50-36-100 INTEREST EARNINGS 237.17 8,966.56 6,000.00 ( 2,966.56)149.4 50-36-900 MISCELLANEOUS REVENUE 275.00 3,268.70 2,500.00 ( 768.70)130.8 TOTAL MISCELLANEOUS REVENUE 512.17 12,235.26 8,500.00 ( 3,735.26)143.9 OTHER SOURCES & TRANSFERS 50-39-999 UNASSIGNED FUND BALANCE .00 654,679.50 863,280.71 208,601.21 75.8 TOTAL OTHER SOURCES & TRANSFERS .00 654,679.50 863,280.71 208,601.21 75.8 TOTAL FUND REVENUE 4,244.63 1,542,647.78 1,955,755.71 413,107.93 78.9 TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 10 MONTHS ENDING OCTOBER 31, 2020 WATER FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT EXPENDITURES 50-40-110 SALARIES 32,360.30 237,398.42 300,000.00 62,601.58 79.1 50-40-210 HEALTH INSURANCE 10,138.03 56,206.97 75,000.00 18,793.03 74.9 50-40-220 FICA TAX 2,310.82 16,873.60 23,000.00 6,126.40 73.4 50-40-230 RETIREMENT 1,871.06 12,086.08 15,000.00 2,913.92 80.6 50-40-250 UNEMPLOYMENT TAX 97.86 714.14 1,000.00 285.86 71.4 50-40-280 TRAINING PROGRAMS .00 2,568.75 3,500.00 931.25 73.4 50-40-290 TRAVEL, MEALS AND LODGING .00 295.31 3,500.00 3,204.69 8.4 50-40-295 MEALS AND ENTERTAINMENT .00 6.00 2,000.00 1,994.00 .3 50-40-310 LEGAL FEES 9,437.50 64,040.33 65,000.00 959.67 98.5 50-40-330 ENGINEERING FEES 3,573.00 35,353.10 80,000.00 44,646.90 44.2 50-40-360 COMPUTERS-NETWORKS AND SUPPORT 819.19 10,449.91 7,000.00 ( 3,449.91)149.3 50-40-370 OTHER PROFESSIONAL SERVICES 773.00 7,727.66 60,000.00 52,272.34 12.9 50-40-430 INSURANCE .00 .00 27,000.00 27,000.00 .0 50-40-440 ADVERTISING .00 .00 500.00 500.00 .0 50-40-460 SYSTEM REPAIR AND MAINT - PROD 16,618.87 31,234.51 160,000.00 128,765.49 19.5 50-40-465 SYSTEM REPAIR AND MAINT - DIST 12,167.50 21,136.94 265,000.00 243,863.06 8.0 50-40-490 PROFESSIONAL MEMBERSHIPS .00 5,813.75 9,500.00 3,686.25 61.2 50-40-500 OPERATING SUPPLIES-PRODUCTION 405.73 11,991.52 25,000.00 13,008.48 48.0 50-40-505 OPERATING SUPPLIES-DISTRIB 9,890.82 38,550.68 80,000.00 41,449.32 48.2 50-40-510 EQUIPMENT PURCHASE AND REPAIR 32.32 32.32 30,000.00 29,967.68 .1 50-40-520 TESTING 515.00 15,966.05 10,000.00 ( 5,966.05)159.7 50-40-550 POSTAGE & BILLING SUPPLIES .00 1,632.95 3,000.00 1,367.05 54.4 50-40-560 UTILITIES - TELEPHONE 1,018.91 9,499.35 4,750.00 ( 4,749.35)200.0 50-40-562 UTILITIES - ELECTRICITY 3,008.94 30,365.25 50,000.00 19,634.75 60.7 50-40-670 PROP MGMT - FRASER WTP 75.00 1,081.80 60,000.00 58,918.20 1.8 50-40-680 PROP MGMT - MARYVALE WTP .00 8,927.10 8,000.00 ( 927.10)111.6 50-40-690 MISCELLANEOUS EXPENSE 656.96 1,028.71 3,000.00 1,971.29 34.3 50-40-715 WATER RIGHTS - DIVERSION & DEV 146.61 9,075.61 45,000.00 35,924.39 20.2 50-40-730 CAPITAL PROJECTS .00 .00 500,000.00 500,000.00 .0 50-40-930 TRANSFER TO CERF .00 .00 30,000.00 30,000.00 .0 50-40-980 TRANSFER TO STRATEGIC RESERVES .00 .00 7,700.00 7,700.00 .0 TOTAL EXPENDITURES 105,917.42 630,056.81 1,953,450.00 1,323,393.19 32.3 TOTAL FUND EXPENDITURES 105,917.42 630,056.81 1,953,450.00 1,323,393.19 32.3 NET REVENUE OVER EXPENDITURES ( 101,672.79)912,590.97 2,305.71 ( 910,285.26)39579. TOWN OF FRASER BALANCE SHEET OCTOBER 31, 2020 WASTEWATER FUND ASSETS 55-10100 CASH - COMBINED FUND 4,841,807.05 55-10290 CASH W/TREASURER - COLLECTIONS 1,179.56 55-11500 A/R CUSTOMER SERVICE CHARGES 23,925.39 55-11560 A/R - DEFERRED PIF 272,500.00 55-11900 MISCELLANEOUS RECEIVABLES 9,422.30 55-15950 CAP REPL RES HELD W/JFOC 1,697,315.60 55-15955 O&M RESERVE HELD W/JFOC 51,247.22 55-16100 LAND 144,320.40 55-16200 SEWER TREATMENT PLANT 3,345,648.89 55-16210 METER BUILDING & IMPROVEMENTS 8,056.39 55-16220 SEWER COLLECTION SYSTEM 11,179,204.75 55-16250 CONSOLIDATED COLLECTION SYSTEM 279,069.00 55-16400 EQUIPMENT 108,789.16 55-16450 CONSTRUCTION IN PROGRESS 1,127,174.00 55-17900 ACCUMULATED DEPRECIATION ( 1,309,622.64) 55-17901 ACCUMU DEPR - BLDG IMPROVE ( 8,073.00) 55-17905 ACCUM DEPR - PLANT/JFOC ( 66,278.24) 55-17910 ACCUM DEPR - SEWER COLLECT-FSD ( 5,316,438.89) 55-17915 ACCUM DEPR-EQUIPMENT ( 81,295.17) TOTAL ASSETS 16,307,951.77 LIABILITIES AND EQUITY LIABILITIES 55-20210 ACCRUED A/P - AUDIT 7,174.21 55-21100 ACCRUED PTO AND BENEFITS 12,814.00 TOTAL LIABILITIES 19,988.21 FUND EQUITY 55-27000 WWF COMMITTED RESERVE BAL-O&M 500,000.00 55-27010 WWF COMMITTED RESERVE BAL-CAP 221,000.00 55-27020 WWF COMMITTED RESERVE BAL-JFF 330,000.00 55-27030 WWF COMMITTED RESERVE - PLANT 900,000.00 55-27050 WWF STRATEGIC RESERVES 1,255,000.00 UNAPPROPRIATED FUND BALANCE: 55-29800 RETAINED EARNINGS 8,063,035.52 55-29810 RETAINED EARNINGS - UNRESTRICT 59,753.00 55-29820 RETAINED EARNINGS - RESTRICTED 701,475.11 REVENUE OVER EXPENDITURES - YTD 4,257,699.93 BALANCE - CURRENT DATE 13,081,963.56 TOTAL FUND EQUITY 16,287,963.56 TOTAL LIABILITIES AND EQUITY 16,307,951.77 TOWN OF FRASER REVENUES WITH COMPARISON TO BUDGET FOR THE 10 MONTHS ENDING OCTOBER 31, 2020 WASTEWATER FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT CHARGES FOR SERVICES 55-34-100 CUSTOMER SERVICE CHARGES 276.37 642,030.91 895,000.00 252,969.09 71.7 55-34-150 PENALTIES & INTEREST 1,145.30 4,077.93 1,000.00 ( 3,077.93)407.8 55-34-200 PLANT INVESTMENT FEES 15,000.00 165,000.00 300,000.00 135,000.00 55.0 TOTAL CHARGES FOR SERVICES 16,421.67 811,108.84 1,196,000.00 384,891.16 67.8 MISCELLANEOUS REVENUE 55-36-100 INTEREST EARNINGS 720.36 36,723.82 18,500.00 ( 18,223.82)198.5 55-36-500 JFF MANAGEMENT FEE .00 21,750.00 29,000.00 7,250.00 75.0 TOTAL MISCELLANEOUS REVENUE 720.36 58,473.82 47,500.00 ( 10,973.82)123.1 OTHER SOURCES & TRANSFERS 55-39-920 TRANSFER IN FROM JFF PLANT REQ .00 200,000.00 200,000.00 .00 100.0 55-39-999 UNASSIGNED FUND BALANCE .00 4,867,989.33 1,389,000.88 ( 3,478,988.45)350.5 TOTAL OTHER SOURCES & TRANSFERS .00 5,067,989.33 1,589,000.88 ( 3,478,988.45)318.9 TOTAL FUND REVENUE 17,142.03 5,937,571.99 2,832,500.88 ( 3,105,071.11)209.6 TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 10 MONTHS ENDING OCTOBER 31, 2020 WASTEWATER FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT EXPENDITURES 55-40-110 SALARIES 31,964.50 237,628.38 310,000.00 72,371.62 76.7 55-40-210 HEALTH INSURANCE 9,749.88 56,106.79 77,000.00 20,893.21 72.9 55-40-220 FICA TAX 2,287.73 16,935.20 25,000.00 8,064.80 67.7 55-40-230 RETIREMENT 1,838.27 11,396.23 17,000.00 5,603.77 67.0 55-40-250 UNEMPLOYMENT TAX 96.74 714.87 1,000.00 285.13 71.5 55-40-280 TRAINING PROGRAMS .00 700.00 3,000.00 2,300.00 23.3 55-40-290 TRAVEL, MEALS AND LODGING .00 .00 3,000.00 3,000.00 .0 55-40-295 MEALS AND ENTERTAINMENT .00 .00 2,000.00 2,000.00 .0 55-40-310 LEGAL FEES .00 .00 5,000.00 5,000.00 .0 55-40-330 ENGINEERING FEES 47,075.50 51,720.50 80,000.00 28,279.50 64.7 55-40-360 COMPUTERS-NETWORKS AND SUPPORT 819.19 7,726.84 7,000.00 ( 726.84)110.4 55-40-370 OTHER PROFESSIONAL SERVICES 773.00 7,691.68 15,000.00 7,308.32 51.3 55-40-410 BANK CHARGES .00 .00 100.00 100.00 .0 55-40-430 INSURANCE .00 .00 7,000.00 7,000.00 .0 55-40-440 ADVERTISING .00 .00 500.00 500.00 .0 55-40-460 SYSTEM REPAIR AND MAINT-COLLEC .00 66,306.93 150,000.00 83,693.07 44.2 55-40-490 PROFESSIONAL MEMBERSHIPS .00 5,251.75 6,000.00 748.25 87.5 55-40-500 OPERATING SUPPLIES-COLLECTIONS .00 697.60 5,500.00 4,802.40 12.7 55-40-510 EQUIPMENT PURCHASE AND REPAIR 32.32 38.63 50,000.00 49,961.37 .1 55-40-520 TESTING .00 .00 1,000.00 1,000.00 .0 55-40-550 POSTAGE & BILLING SUPPLIES .00 1,632.96 2,500.00 867.04 65.3 55-40-560 UTILITIES - TELEPHONE 345.01 2,577.76 2,000.00 ( 577.76)128.9 55-40-650 WW TREATMENT CHARGES/JFOC 15,917.51 179,862.65 273,704.00 93,841.35 65.7 55-40-660 JFF CAPREPL RESERVE .00 982,034.00 982,034.00 .00 100.0 55-40-690 MISCELLANEOUS EXPENSE 555.50 849.29 3,000.00 2,150.71 28.3 55-40-730 CAPITAL PROJECTS .00 .00 250,000.00 250,000.00 .0 55-40-930 TRANSFER TO CERF .00 .00 30,000.00 30,000.00 .0 55-40-970 TRANSFER TO RESERVES .00 50,000.00 50,000.00 .00 100.0 TOTAL EXPENDITURES 111,455.15 1,679,872.06 2,358,338.00 678,465.94 71.2 TOTAL FUND EXPENDITURES 111,455.15 1,679,872.06 2,358,338.00 678,465.94 71.2 NET REVENUE OVER EXPENDITURES ( 94,313.12)4,257,699.93 474,162.88 ( 3,783,537.05)897.9 TOWN OF FRASER BALANCE SHEET OCTOBER 31, 2020 GENERAL FIXED ASSETS ASSETS 91-16100 LAND 730,630.35 91-16200 ADMINISTRATION BUILDING 208,379.39 91-16203 MAINTENANCE BUILDING 57,722.51 91-16208 HOUSE - 400 DOC SUSIE AVE 54,839.27 91-16209 VISITOR CENTER 183,895.00 91-16211 BUSBARN & 105 FRASER AVE HOUSE 100,000.00 91-16250 CHURCH 267,000.00 91-16306 PARKS 367,800.08 91-16311 STREET IMPROVEMENTS 3,439,840.00 91-16312 HIGHWAY 40 PATH 8,872.00 91-16490 EQUIPMENT - OTHER 872,015.00 91-16500 OFFICE EQUIPMENT 57,261.75 91-17900 ACCUMULATED DEPRECIATION ( 2,260,048.61) TOTAL ASSETS 4,088,206.74 LIABILITIES AND EQUITY FUND EQUITY UNAPPROPRIATED FUND BALANCE: 91-29800 INVESTMENT IN FIXED ASSETS 4,088,206.74 BALANCE - CURRENT DATE 4,088,206.74 TOTAL FUND EQUITY 4,088,206.74 TOTAL LIABILITIES AND EQUITY 4,088,206.74 TOWN OF FRASER COMBINED CASH INVESTMENT NOVEMBER 30, 2020 COMBINED CASH ACCOUNTS 01-10200 GENERAL CHECKING #878-000884 371,180.46 01-10215 XPRESS DEPOSIT ACCOUNT 16,739.66 01-10220 GENERAL CO-01-0160-8001 12,694,212.34 TOTAL COMBINED CASH 13,082,132.46 01-10100 CASH ALLOCATED TO OTHER FUNDS ( 13,082,132.46) TOTAL UNALLOCATED CASH .00 CASH ALLOCATION RECONCILIATION 10 ALLOCATION TO GENERAL FUND 5,925,340.38 12 ALLOCATION TO RESTRICTED REVENUE FUND 387,336.28 20 ALLOCATION TO CONSERVATION TRUST FUND 18,854.37 30 ALLOCATION TO CAPITAL EQUIP REPLACEMENT FUND 140,262.54 32 ALLOCATION TO CAPITAL ASSET FUND ( 336,289.05) 35 ALLOCATION TO CROS FUND 212,970.08 40 ALLOCATION TO DEBT SERVICE FUND 35,516.54 50 ALLOCATION TO WATER FUND 1,798,158.74 55 ALLOCATION TO WASTEWATER FUND 4,899,982.58 TOTAL ALLOCATIONS TO OTHER FUNDS 13,082,132.46 ALLOCATION FROM COMBINED CASH FUND - 01-10100 ( 13,082,132.46) ZERO PROOF IF ALLOCATIONS BALANCE .00 TOWN OF FRASER BALANCE SHEET NOVEMBER 30, 2020 GENERAL FUND ASSETS 10-10100 CASH - COMBINED FUND 5,925,340.38 10-11100 PROPERTY TAXES RECEIVABLE 335,040.00 10-11550 ACCTS REC - BILLINGS 183,126.33 10-11560 ACCTS REC - BUSINESS LIC 1,960.00 TOTAL ASSETS 6,445,466.71 LIABILITIES AND EQUITY LIABILITIES 10-20200 ACCOUNTS PAYABLE TRADE 96,470.53 10-20800 DUE TO CREATIVE ARTS CENTER 5,070.45 10-21000 ACCRUED WAGES 45,076.23 10-21710 FWT/FICA PAYABLE 14,736.20 10-21720 SALES TAX PAYABLE 567.64 10-21730 STATE WITHHOLDING PAYABLE 7,155.00 10-21740 UNEMPLOYMENT TAXES PAYABLE 1,007.19 10-21750 RETIREMENT PLAN PAYABLE 4,981.12 10-21755 457 DEFERRED COMP PAYABLE 2,425.23 10-21760 HEALTH INSURANCE PAYABLE ( 4,861.55) 10-21773 DEPENDENT CARE PAYABLE 3,642.70 10-21775 FLEX HEALTH PLAN PAYABLE 5,056.19 10-21780 GARNISHMENTS PAYABLE 591.41 10-21900 ECONOMIC INCENTIVE FEE REBATE 45,038.00 10-22100 WAIVED COMPENSATION 500.00 10-22210 DEFERRED TAXES 335,040.00 10-22920 SUBDIVISION IMP SECURITY DEP 102,369.01 10-22950 RENTAL PROPERTY DEPOSITS HELD 500.00 TOTAL LIABILITIES 665,365.35 FUND EQUITY 10-27000 GF COMMITTED RESERVE BALANCE 1,000,000.00 10-27050 GF STRATEGIC RESERVES 1,100,000.00 10-27100 GF RESTRICTED RESERVE BALANCE 258,615.20 UNAPPROPRIATED FUND BALANCE: REVENUE OVER EXPENDITURES - YTD 3,421,486.16 BALANCE - CURRENT DATE 3,421,486.16 TOTAL FUND EQUITY 5,780,101.36 TOTAL LIABILITIES AND EQUITY 6,445,466.71 TOWN OF FRASER REVENUES WITH COMPARISON TO BUDGET FOR THE 11 MONTHS ENDING NOVEMBER 30, 2020 GENERAL FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT TAXES 10-31-100 GENERAL FUND PROPERTY TAX 248.32 333,348.17 325,000.00 ( 8,348.17)102.6 10-31-200 SPECIFIC OWNERSHIP TAX 3,992.84 20,270.01 12,000.00 ( 8,270.01)168.9 10-31-300 MOTOR VEHICLE TAX .00 .00 4,500.00 4,500.00 .0 10-31-400 TOWN SALES TAX 412,219.76 2,714,246.36 2,750,000.00 35,753.64 98.7 10-31-410 USE TAX - BUILDING MATERIALS 8,705.38 160,522.34 100,000.00 ( 60,522.34)160.5 10-31-420 USE TAX - MOTOR VEHICLE SALES 21,600.82 126,269.41 65,000.00 ( 61,269.41)194.3 10-31-430 STATE CIGARETTE TAX 473.79 4,052.45 3,200.00 ( 852.45)126.6 10-31-800 FRANCHISE FEES 12,084.23 46,931.33 55,000.00 8,068.67 85.3 TOTAL TAXES 459,325.14 3,405,640.07 3,314,700.00 ( 90,940.07)102.7 LICENSES & PERMITS 10-32-100 BUSINESS LICENSE FEES 260.00 15,543.00 15,000.00 ( 543.00)103.6 10-32-110 REGULATED INDUSTRY FEES/TAXES 20,994.11 189,357.52 120,000.00 ( 69,357.52)157.8 TOTAL LICENSES & PERMITS 21,254.11 204,900.52 135,000.00 ( 69,900.52)151.8 INTERGOVERNMENTAL 10-33-100 GRANTS .00 414,210.84 300,000.00 ( 114,210.84)138.1 TOTAL INTERGOVERNMENTAL .00 414,210.84 300,000.00 ( 114,210.84)138.1 CHARGES FOR SERVICES 10-34-100 ANNEXATION FEES .00 .00 1,000.00 1,000.00 .0 10-34-110 ZONING FEES .00 .00 1,500.00 1,500.00 .0 10-34-120 SUBDIVISION FEES .00 5,450.00 1,500.00 ( 3,950.00)363.3 10-34-130 MISCELLANEOUS PLANNING FEES .00 80.00 1,000.00 920.00 8.0 10-34-300 PAYT 8,003.00 69,222.99 35,000.00 ( 34,222.99)197.8 TOTAL CHARGES FOR SERVICES 8,003.00 74,752.99 40,000.00 ( 34,752.99)186.9 MISCELLANEOUS REVENUE 10-36-100 INTEREST EARNINGS 658.71 31,766.15 50,000.00 18,233.85 63.5 10-36-300 RENTAL INCOME 825.00 9,560.00 15,500.00 5,940.00 61.7 10-36-600 COMMUNITY HOUSING 1,650.00 15,000.00 15,000.00 .00 100.0 10-36-610 REIMBURSABLE - PROF SERVICES 2,081.88 176,317.65 50,000.00 ( 126,317.65)352.6 10-36-630 DISPOSABLE BAG FEES .00 18,477.60 10,000.00 ( 8,477.60)184.8 10-36-900 MISCELLANEOUS REVENUE 13,374.97 252,140.00 30,500.00 ( 221,640.00)826.7 TOTAL MISCELLANEOUS REVENUE 18,590.56 503,261.40 171,000.00 ( 332,261.40)294.3 TOWN OF FRASER REVENUES WITH COMPARISON TO BUDGET FOR THE 11 MONTHS ENDING NOVEMBER 30, 2020 GENERAL FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT OTHER SOURCES & TRANSFERS 10-39-920 TRANSFER IN FROM GF RESERVES .00 .00 6,379.00 6,379.00 .0 10-39-999 UNASSIGNED FUND BALANCE .00 2,055,682.99 1,661,735.82 ( 393,947.17)123.7 TOTAL OTHER SOURCES & TRANSFERS .00 2,055,682.99 1,668,114.82 ( 387,568.17)123.2 TOTAL FUND REVENUE 507,172.81 6,658,448.81 5,628,814.82 ( 1,029,633.99)118.3 TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 11 MONTHS ENDING NOVEMBER 30, 2020 GENERAL FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT TOWN BOARD 10-41-110 SALARIES .00 27,645.00 30,000.00 2,355.00 92.2 10-41-220 FICA TAX .00 1,654.04 3,825.00 2,170.96 43.2 10-41-280 TRAINING PROGRAMS .00 110.00 6,000.00 5,890.00 1.8 10-41-290 TRAVEL, MEALS AND LODGING .00 1,478.02 5,500.00 4,021.98 26.9 10-41-295 MEALS AND ENTERTAINMENT 439.59 4,382.77 10,000.00 5,617.23 43.8 10-41-690 MISCELLANEOUS EXPENSE .00 7,935.24 10,500.00 2,564.76 75.6 10-41-860 GRANTS AND AID TO AGENCIES .00 .00 5,000.00 5,000.00 .0 10-41-861 INTERGOVERNMENTAL AGREEMENTS .00 4,500.00 5,000.00 500.00 90.0 10-41-862 FRASER/WINTER PARK POLICE DEPT 52,896.00 566,787.00 635,000.00 68,213.00 89.3 10-41-863 STREET LIGHTING AND SIGNALS 1,280.00 12,667.98 22,750.00 10,082.02 55.7 10-41-864 SPECIAL EVENTS .00 13,857.34 15,000.00 1,142.66 92.4 10-41-870 BUSINESS DIST STREETSCAPE .00 4,800.00 5,000.00 200.00 96.0 10-41-871 BUSINESS ENHANCEMENT PROGRAMS 3,612.86 119,427.60 82,500.00 ( 36,927.60)144.8 10-41-872 SUSTAINABILITY 5.00 4,954.91 15,000.00 10,045.09 33.0 10-41-873 RECYCLE FACILITY 4,817.52 60,696.69 50,000.00 ( 10,696.69)121.4 10-41-874 COMMUNITY HOUSING .00 50,000.00 500,000.00 450,000.00 10.0 10-41-875 MARKETING 2,406.68 8,363.29 25,000.00 16,636.71 33.5 TOTAL TOWN BOARD 65,457.65 889,259.88 1,426,075.00 536,815.12 62.4 TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 11 MONTHS ENDING NOVEMBER 30, 2020 GENERAL FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT ADMINISTRATION 10-45-110 SALARIES 25,914.64 317,165.30 365,000.00 47,834.70 86.9 10-45-210 HEALTH INSURANCE 5,913.20 69,692.86 85,000.00 15,307.14 82.0 10-45-220 FICA TAX 1,855.61 22,721.39 28,000.00 5,278.61 81.2 10-45-230 RETIREMENT 1,355.29 14,779.42 20,000.00 5,220.58 73.9 10-45-250 UNEMPLOYMENT TAX 78.30 957.50 1,094.00 136.50 87.5 10-45-280 TRAINING PROGRAMS .00 7,126.38 8,000.00 873.62 89.1 10-45-290 TRAVEL, MEALS AND LODGING .00 1,556.10 10,000.00 8,443.90 15.6 10-45-295 MEALS AND ENTERTAINMENT 45.03 2,666.09 6,000.00 3,333.91 44.4 10-45-310 LEGAL FEES 7,892.02 80,465.95 50,000.00 ( 30,465.95)160.9 10-45-320 AUDIT FEES .00 20,604.00 18,200.00 ( 2,404.00)113.2 10-45-330 ENGINEERING FEES .00 .00 3,500.00 3,500.00 .0 10-45-360 COMPUTERS-NETWORKS AND SUPPORT 10,400.01 53,708.89 90,000.00 36,291.11 59.7 10-45-370 OTHER PROFESSIONAL SERVICES 2,400.00 34,577.12 50,000.00 15,422.88 69.2 10-45-375 REIMBURSABLE PROF SERVICES 292.22 16,673.81 50,000.00 33,326.19 33.4 10-45-380 JANITORIAL SERVICES 1,122.00 11,015.97 15,918.12 4,902.15 69.2 10-45-385 TREASURER'S FEES 4.97 6,666.93 7,725.00 1,058.07 86.3 10-45-395 RECORDING FEES .00 1,000.00 1,500.00 500.00 66.7 10-45-410 BANK CHARGES 1,411.50 7,907.68 1,200.00 ( 6,707.68)659.0 10-45-420 ELECTIONS .00 44.48 5,000.00 4,955.52 .9 10-45-430 INSURANCE - ALL DEPARTMENTS ( 23,560.74)81,531.81 75,000.00 ( 6,531.81)108.7 10-45-440 ADVERTISING 32.71 2,763.74 2,500.00 ( 263.74)110.6 10-45-490 PROFESSIONAL MEMBERSHIPS .00 10,786.70 8,500.00 ( 2,286.70)126.9 10-45-500 OPERATING SUPPLIES 1,353.61 10,434.58 15,435.00 5,000.42 67.6 10-45-510 EQUIPMENT PURCHASE AND REPAIR .00 4,249.77 10,000.00 5,750.23 42.5 10-45-550 POSTAGE 170.97 2,155.54 2,500.00 344.46 86.2 10-45-560 UTILITIES -TELEPHONE 222.05 7,366.62 8,670.85 1,304.23 85.0 10-45-561 UTILITIES - NATURAL GAS 249.39 2,357.82 6,400.00 4,042.18 36.8 10-45-562 UTILITIES - ELECTRICITY 596.52 5,433.99 6,400.00 966.01 84.9 10-45-569 UTILITIES - TRASH REMOVAL .00 .00 2,500.00 2,500.00 .0 10-45-670 PROP MGMT - 107 EISENHOWER DR 890.09 10,578.87 25,000.00 14,421.13 42.3 10-45-671 PROP MGMT - 105 FRASER AVE .00 825.70 500.00 ( 325.70)165.1 10-45-673 PROP MGMT - 153 FRASER AVE 20,048.13 57,047.20 60,000.00 2,952.80 95.1 10-45-674 PROP MGMT - 200 EISENHOWER DR .00 1,035.44 500.00 ( 535.44)207.1 10-45-690 MISCELLANEOUS EXPENSE 3,174.31 20,755.74 12,000.00 ( 8,755.74)173.0 10-45-695 BAD DEBT WRITE-OFF .00 540.00 .00 ( 540.00).0 TOTAL ADMINISTRATION 61,861.83 887,193.39 1,052,042.97 164,849.58 84.3 TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 11 MONTHS ENDING NOVEMBER 30, 2020 GENERAL FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT PUBLIC WORKS 10-60-110 SALARIES 43,401.53 614,959.10 735,000.00 120,040.90 83.7 10-60-210 HEALTH INSURANCE 13,478.19 161,957.05 201,000.00 39,042.95 80.6 10-60-220 FICA TAX 3,049.79 43,144.03 57,000.00 13,855.97 75.7 10-60-230 RETIREMENT 1,899.59 24,372.49 33,000.00 8,627.51 73.9 10-60-250 UNEMPLOYMENT TAX 133.01 1,858.50 2,200.00 341.50 84.5 10-60-280 TRAINING PROGRAMS .00 7,509.65 2,500.00 ( 5,009.65)300.4 10-60-290 TRAVEL, MEALS AND LODGING .00 391.04 2,500.00 2,108.96 15.6 10-60-295 MEALS AND ENTERTAINMENT 52.35 717.38 1,500.00 782.62 47.8 10-60-330 ENGINEERING FEES 14,682.50 88,680.76 30,000.00 ( 58,680.76)295.6 10-60-360 COMPUTER NETWORK SUPPORT 466.65 26,671.01 33,075.00 6,403.99 80.6 10-60-370 OTHER PROFESSIONAL SERVICES 390.02 8,255.76 90,000.00 81,744.24 9.2 10-60-480 EQUIPMENT RENTAL .00 1,403.00 2,500.00 1,097.00 56.1 10-60-490 PROFESSIONAL MEMBERSHIPS .00 786.00 1,000.00 214.00 78.6 10-60-500 OPERATING SUPPLIES 3,872.53 79,902.35 90,000.00 10,097.65 88.8 10-60-506 PLANTS/PLANTER SUPPLIES 145.50 27,278.81 120,000.00 92,721.19 22.7 10-60-510 EQUIPMENT PURCHASE AND REPAIR 7,140.23 80,953.99 55,000.00 ( 25,953.99)147.2 10-60-560 UTILITIES - TELEPHONE 349.31 4,200.57 3,121.20 ( 1,079.37)134.6 10-60-561 UTILITIES - NATURAL GAS 373.08 3,255.91 7,000.00 3,744.09 46.5 10-60-562 UTILITIES - ELECTRICITY .00 .00 3,500.00 3,500.00 .0 10-60-670 PROP MGMT - 125 FRASER AVE 60.05 4,214.76 60,000.00 55,785.24 7.0 10-60-673 PROP MGMT - FRASER RIVER TRAIL .00 2,526.00 10,000.00 7,474.00 25.3 10-60-674 PROP MGMT - HWY 40 PEDESTRIAN .00 295.00 6,000.00 5,705.00 4.9 10-60-675 PROP MGMT - KOPPERS PARK .00 .00 1,500.00 1,500.00 .0 10-60-676 PROP MGMT - OLD SCHLHOUSE PK .00 432.59 5,000.00 4,567.41 8.7 10-60-678 PROP MGMT - OUTDOORACTIVITYCTR 273.34 916.91 .00 ( 916.91).0 10-60-679 PROP MGMT - SCHOOL BUS GARAGE 480.28 5,316.78 5,000.00 ( 316.78)106.3 10-60-681 PROP MGMT - COZENS RANCH PARK 1,350.00 18,041.76 15,000.00 ( 3,041.76)120.3 10-60-682 PROP MGMT - AMTRAK STATION 120.00 2,199.00 .00 ( 2,199.00).0 10-60-684 PROP MGMT - FRODO .00 .00 5,000.00 5,000.00 .0 10-60-685 PROP MGMT - MTN MAN PARK .00 640.05 500.00 ( 140.05)128.0 10-60-686 GORANSON STATION .00 126.68 500.00 373.32 25.3 10-60-687 PROP MGMT - 6 W .00 321.10 5,000.00 4,678.90 6.4 10-60-690 MISCELLANEOUS EXPENSE 893.66 6,295.05 8,000.00 1,704.95 78.7 10-60-740 ART IN PUBLIC PLACES .00 28,535.77 60,000.00 31,464.23 47.6 TOTAL PUBLIC WORKS 92,611.61 1,246,158.85 1,651,396.20 405,237.35 75.5 120 ZEREX AVENUE 10-65-380 JANITORIAL SERVICES 315.00 11,789.89 6,367.25 ( 5,422.64)185.2 10-65-561 UTILITIES - NATURAL GAS 90.57 864.45 1,236.36 371.91 69.9 10-65-562 UTILITIES - ELECTRICITY .00 877.19 1,236.36 359.17 71.0 10-65-670 PROP MGMT - 120 ZEREX .00 .00 5,000.00 5,000.00 .0 TOTAL 120 ZEREX AVENUE 405.57 13,531.53 13,839.97 308.44 97.8 TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 11 MONTHS ENDING NOVEMBER 30, 2020 GENERAL FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT TRANSFERS 10-90-920 TRANSFER TO CERF - POLICE DEPT .00 .00 60,000.00 60,000.00 .0 10-90-930 TRANSFER TO CERF - PUBLICWORKS .00 .00 50,000.00 50,000.00 .0 10-90-935 TRANSFER TO CAF .00 200,000.00 550,000.00 350,000.00 36.4 10-90-960 TRANSFER TO CROS .00 .00 326,379.00 326,379.00 .0 10-90-970 TRANSFER TO COMMITTED RESERVES .00 .00 45,636.00 45,636.00 .0 TOTAL TRANSFERS .00 200,000.00 1,032,015.00 832,015.00 19.4 FISCAL AGENT 10-95-110 SALARIES ( 7,306.93)731.58 .00 ( 731.58).0 10-95-220 FICA TAX ( 509.77)55.96 .00 ( 55.96).0 10-95-230 RETIREMENT ( 368.06)29.27 .00 ( 29.27).0 10-95-250 UNEMPLOYMENT TAX ( 22.33)2.19 .00 ( 2.19).0 10-95-690 MISC. PAYROLL EXPENSE ( 136.46).00 .00 .00 .0 TOTAL FISCAL AGENT ( 8,343.55)819.00 .00 ( 819.00).0 TOTAL FUND EXPENDITURES 211,993.11 3,236,962.65 5,175,369.14 1,938,406.49 62.6 NET REVENUE OVER EXPENDITURES 295,179.70 3,421,486.16 453,445.68 ( 2,968,040.48)754.6 TOWN OF FRASER BALANCE SHEET NOVEMBER 30, 2020 RESTRICTED REVENUE FUND ASSETS 12-10100 CASH COMBINED FUND 387,336.28 12-11550 ACCOUNTS RECEIVABLE - BILLINGS 11,000.00 TOTAL ASSETS 398,336.28 LIABILITIES AND EQUITY FUND EQUITY UNAPPROPRIATED FUND BALANCE: REVENUE OVER EXPENDITURES - YTD 398,336.28 BALANCE - CURRENT DATE 398,336.28 TOTAL FUND EQUITY 398,336.28 TOTAL LIABILITIES AND EQUITY 398,336.28 TOWN OF FRASER REVENUES WITH COMPARISON TO BUDGET FOR THE 11 MONTHS ENDING NOVEMBER 30, 2020 RESTRICTED REVENUE FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT TAXES 12-31-100 RESTRICTED 1% GF SALES TAX 103,054.94 678,561.58 687,500.00 8,938.42 98.7 12-31-800 INTEREST INCOME 31.33 1,217.28 309.09 ( 908.19)393.8 TOTAL TAXES 103,086.27 679,778.86 687,809.09 8,030.23 98.8 INTERGOVENMENTAL 12-33-100 GRANTS & AID TO AGENCIES .00 11,000.00 .00 ( 11,000.00).0 TOTAL INTERGOVENMENTAL .00 11,000.00 .00 ( 11,000.00).0 OTHER SOURCES 12-39-999 UNASSIGNED FUND BALANCE .00 158,331.50 35,240.43 ( 123,091.07)449.3 TOTAL OTHER SOURCES .00 158,331.50 35,240.43 ( 123,091.07)449.3 TOTAL FUND REVENUE 103,086.27 849,110.36 723,049.52 ( 126,060.84)117.4 TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 11 MONTHS ENDING NOVEMBER 30, 2020 RESTRICTED REVENUE FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT EXPENDITURES 12-40-610 TRANSPORTATION O&M .00 399,249.16 660,000.00 260,750.84 60.5 12-40-710 TRAILS O&M .00 16,524.92 20,000.00 3,475.08 82.6 12-40-715 TRAILS - CAPITAL EXPENDITURES .00 35,000.00 35,000.00 .00 100.0 TOTAL EXPENDITURES .00 450,774.08 715,000.00 264,225.92 63.1 TOTAL FUND EXPENDITURES .00 450,774.08 715,000.00 264,225.92 63.1 NET REVENUE OVER EXPENDITURES 103,086.27 398,336.28 8,049.52 ( 390,286.76)4948.6 TOWN OF FRASER BALANCE SHEET NOVEMBER 30, 2020 CONSERVATION TRUST FUND ASSETS 20-10100 CASH - COMBINED FUND 18,854.37 TOTAL ASSETS 18,854.37 LIABILITIES AND EQUITY FUND EQUITY UNAPPROPRIATED FUND BALANCE: REVENUE OVER EXPENDITURES - YTD 18,854.37 BALANCE - CURRENT DATE 18,854.37 TOTAL FUND EQUITY 18,854.37 TOTAL LIABILITIES AND EQUITY 18,854.37 TOWN OF FRASER REVENUES WITH COMPARISON TO BUDGET FOR THE 11 MONTHS ENDING NOVEMBER 30, 2020 CONSERVATION TRUST FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT REVENUE 20-30-100 CONS TRUST (LOTTERY) PROCEEDS .00 4,987.21 6,800.00 1,812.79 73.3 20-30-800 INTEREST EARNINGS 2.08 104.84 75.00 ( 29.84)139.8 20-30-999 UNASSIGNED FUND BALANCE .00 13,762.32 13,858.29 95.97 99.3 TOTAL REVENUE 2.08 18,854.37 20,733.29 1,878.92 90.9 TOTAL FUND REVENUE 2.08 18,854.37 20,733.29 1,878.92 90.9 TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 11 MONTHS ENDING NOVEMBER 30, 2020 CONSERVATION TRUST FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT EXPENDITURES 20-40-920 TRANSFER TO OTHER FUNDS .00 .00 10,000.00 10,000.00 .0 TOTAL EXPENDITURES .00 .00 10,000.00 10,000.00 .0 TOTAL FUND EXPENDITURES .00 .00 10,000.00 10,000.00 .0 NET REVENUE OVER EXPENDITURES 2.08 18,854.37 10,733.29 ( 8,121.08)175.7 TOWN OF FRASER BALANCE SHEET NOVEMBER 30, 2020 CAPITAL EQUIP REPLACEMENT FUND ASSETS 30-10100 CASH - COMBINED FUND 140,262.54 TOTAL ASSETS 140,262.54 LIABILITIES AND EQUITY FUND EQUITY UNAPPROPRIATED FUND BALANCE: REVENUE OVER EXPENDITURES - YTD 140,262.54 BALANCE - CURRENT DATE 140,262.54 TOTAL FUND EQUITY 140,262.54 TOTAL LIABILITIES AND EQUITY 140,262.54 TOWN OF FRASER REVENUES WITH COMPARISON TO BUDGET FOR THE 11 MONTHS ENDING NOVEMBER 30, 2020 CAPITAL EQUIP REPLACEMENT FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT REVENUE 30-30-100 HWY USE TAX PROCEEDS 4,310.66 39,273.23 47,393.85 8,120.62 82.9 30-30-800 INTEREST EARNINGS 15.26 2,156.02 2,500.00 343.98 86.2 30-30-900 TRANSFER FROM G/F - POLICEDEPT .00 .00 60,000.00 60,000.00 .0 30-30-910 TRANSFER FROM G/F - PUBLICWORK .00 .00 50,000.00 50,000.00 .0 30-30-920 TRANSFER FROM UTILITY FUNDS .00 .00 60,000.00 60,000.00 .0 30-30-999 UNASSIGNED FUND BALANCE .00 274,945.54 248,300.14 ( 26,645.40)110.7 TOTAL REVENUE 4,325.92 316,374.79 468,193.99 151,819.20 67.6 TOTAL FUND REVENUE 4,325.92 316,374.79 468,193.99 151,819.20 67.6 TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 11 MONTHS ENDING NOVEMBER 30, 2020 CAPITAL EQUIP REPLACEMENT FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT EXPENDITURES 30-40-745 PUBLIC SAFETY FLEET PURCHASE .00 57,731.35 60,000.00 2,268.65 96.2 30-40-750 REGULAR FLEET PURCHASE .00 6,658.00 .00 ( 6,658.00).0 30-40-755 HEAVY EQUIPMENT PURCHASE .00 7,753.85 200,000.00 192,246.15 3.9 30-40-810 LEASE/PURCHASE - PRINCIPAL 2,268.82 89,984.73 100,000.00 10,015.27 90.0 30-40-820 LEASE/PURCHASE - INTEREST 258.53 13,984.32 5,000.00 ( 8,984.32)279.7 TOTAL EXPENDITURES 2,527.35 176,112.25 365,000.00 188,887.75 48.3 TOTAL FUND EXPENDITURES 2,527.35 176,112.25 365,000.00 188,887.75 48.3 NET REVENUE OVER EXPENDITURES 1,798.57 140,262.54 103,193.99 ( 37,068.55)135.9 TOWN OF FRASER BALANCE SHEET NOVEMBER 30, 2020 CAPITAL ASSET FUND ASSETS 32-10100 CASH - COMBINED FUND ( 336,289.05) TOTAL ASSETS ( 336,289.05) LIABILITIES AND EQUITY FUND EQUITY UNAPPROPRIATED FUND BALANCE: 32-29800 FUND BALANCE - BEGINNING OF YR ( 276,568.37) REVENUE OVER EXPENDITURES - YTD ( 59,720.68) BALANCE - CURRENT DATE ( 336,289.05) TOTAL FUND EQUITY ( 336,289.05) TOTAL LIABILITIES AND EQUITY ( 336,289.05) TOWN OF FRASER REVENUES WITH COMPARISON TO BUDGET FOR THE 11 MONTHS ENDING NOVEMBER 30, 2020 CAPITAL ASSET FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT CAPITAL ASSET REVENUE 32-30-100 RESERVED FOR FUTURE USE .00 .00 300,000.00 300,000.00 .0 32-30-800 INTEREST EARNINGS ( 36.07)( 655.77).00 655.77 .0 32-30-910 TRANSFER IN FROM GENERAL FUND .00 200,000.00 550,000.00 350,000.00 36.4 32-30-999 UNASSIGNED FUND BALANCE .00 299,057.82 521,042.52 221,984.70 57.4 TOTAL CAPITAL ASSET REVENUE ( 36.07)498,402.05 1,371,042.52 872,640.47 36.4 TOTAL FUND REVENUE ( 36.07)498,402.05 1,371,042.52 872,640.47 36.4 TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 11 MONTHS ENDING NOVEMBER 30, 2020 CAPITAL ASSET FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT CAPITAL ASSET EXPENDITURES 32-40-810 CAPITAL PROJ- STREETS EXISTING 8,885.19 558,122.73 1,000,000.00 441,877.27 55.8 TOTAL CAPITAL ASSET EXPENDITURES 8,885.19 558,122.73 1,000,000.00 441,877.27 55.8 TOTAL FUND EXPENDITURES 8,885.19 558,122.73 1,000,000.00 441,877.27 55.8 NET REVENUE OVER EXPENDITURES ( 8,921.26)( 59,720.68)371,042.52 430,763.20 ( 16.1) TOWN OF FRASER BALANCE SHEET NOVEMBER 30, 2020 CROS FUND ASSETS 35-10100 CASH COMBINED FUND 212,970.08 TOTAL ASSETS 212,970.08 LIABILITIES AND EQUITY FUND EQUITY UNAPPROPRIATED FUND BALANCE: REVENUE OVER EXPENDITURES - YTD 212,970.08 BALANCE - CURRENT DATE 212,970.08 TOTAL FUND EQUITY 212,970.08 TOTAL LIABILITIES AND EQUITY 212,970.08 TOWN OF FRASER REVENUES WITH COMPARISON TO BUDGET FOR THE 11 MONTHS ENDING NOVEMBER 30, 2020 CROS FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT INTERGOVERNMENTAL - REVENUE 35-30-100 GRANTS AND AWARDS .00 .00 735,000.00 735,000.00 .0 35-30-130 INTEREST INCOME 23.47 1,507.29 .00 ( 1,507.29).0 35-30-910 TRANSFER IN FROM GENERAL FUND .00 .00 326,379.00 326,379.00 .0 35-30-920 TRANSFER IN FROM CTF .00 .00 10,000.00 10,000.00 .0 35-30-999 CARRYOVER BALANCE .00 212,232.79 213,021.00 788.21 99.6 TOTAL INTERGOVERNMENTAL - REVENUE 23.47 213,740.08 1,284,400.00 1,070,659.92 16.6 TOTAL FUND REVENUE 23.47 213,740.08 1,284,400.00 1,070,659.92 16.6 TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 11 MONTHS ENDING NOVEMBER 30, 2020 CROS FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT PROJECT WIDE SCOPE - EXPENSES 35-40-320 LANDSCAPE .00 .00 60,000.00 60,000.00 .0 35-40-330 PLAYGROUND .00 .00 600,000.00 600,000.00 .0 35-40-335 RESTROOMS .00 770.00 600,000.00 599,230.00 .1 TOTAL PROJECT WIDE SCOPE - EXPENSES .00 770.00 1,260,000.00 1,259,230.00 .1 TOTAL FUND EXPENDITURES .00 770.00 1,260,000.00 1,259,230.00 .1 NET REVENUE OVER EXPENDITURES 23.47 212,970.08 24,400.00 ( 188,570.08)872.8 TOWN OF FRASER BALANCE SHEET NOVEMBER 30, 2020 DEBT SERVICE FUND ASSETS 40-10100 CASH - COMBINED FUND 35,516.54 TOTAL ASSETS 35,516.54 LIABILITIES AND EQUITY FUND EQUITY 40-27100 DSF COMMITTED RESERVE BALANCE 33,693.16 UNAPPROPRIATED FUND BALANCE: REVENUE OVER EXPENDITURES - YTD 1,823.38 BALANCE - CURRENT DATE 1,823.38 TOTAL FUND EQUITY 35,516.54 TOTAL LIABILITIES AND EQUITY 35,516.54 TOWN OF FRASER REVENUES WITH COMPARISON TO BUDGET FOR THE 11 MONTHS ENDING NOVEMBER 30, 2020 DEBT SERVICE FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT REVENUE 40-30-800 INTEREST EARNINGS 3.91 250.85 1,000.00 749.15 25.1 40-30-999 CARRYOVER BALANCE .00 1,572.53 1,773.00 200.47 88.7 TOTAL REVENUE 3.91 1,823.38 2,773.00 949.62 65.8 TOTAL FUND REVENUE 3.91 1,823.38 2,773.00 949.62 65.8 NET REVENUE OVER EXPENDITURES 3.91 1,823.38 2,773.00 949.62 65.8 TOWN OF FRASER BALANCE SHEET NOVEMBER 30, 2020 WATER FUND ASSETS 50-10100 CASH - COMBINED FUND 1,798,158.74 50-10290 CASH W/TREASURER - COLLECTIONS 1,660.84 50-11500 A/R CUSTOMER SERVICE CHARGES 6,161.48 50-11560 A/R - DEFERRED PIF 187,366.67 50-16100 LAND 100,000.00 50-16200 BUILDINGS 3,040,174.49 50-16203 WELLS SYSTEM 890,619.74 50-16212 WATER DISTRIBUTION/STORAGE 10,159,161.12 50-16213 WELLS 1,083,397.93 50-16400 EQUIPMENT 353,994.02 50-16500 WATER RIGHTS 645,085.86 50-17900 ACCUMULATED DEPRECIATION ( 261,312.67) 50-17901 ACCUMULATED DEPR - BLDGS& IMPR ( 1,282,671.00) 50-17902 ACCUMULATED DEPR - SYSTEM&IMPR ( 4,821,135.00) TOTAL ASSETS 11,900,662.22 LIABILITIES AND EQUITY LIABILITIES 50-20775 DUE TO RENDEZVOUS - TAPS 143,889.26 50-20776 DUE TO GRAND PARK - TAPS 215,600.00 50-21100 ACCRUED PTO AND BENEFITS 9,181.00 50-22910 ROAD CUT SURITY FEES 34,337.00 50-22920 BULK WATER SECURITY DEP 18,200.00 TOTAL LIABILITIES 421,207.26 FUND EQUITY 50-27000 WF COMMITTED RESERVE BALANCE 500,000.00 50-27050 WF STRATEGIC RESERVES 155,525.00 UNAPPROPRIATED FUND BALANCE: 50-29800 RETAINED EARNINGS 9,969,182.69 REVENUE OVER EXPENDITURES - YTD 854,747.27 BALANCE - CURRENT DATE 10,823,929.96 TOTAL FUND EQUITY 11,479,454.96 TOTAL LIABILITIES AND EQUITY 11,900,662.22 TOWN OF FRASER REVENUES WITH COMPARISON TO BUDGET FOR THE 11 MONTHS ENDING NOVEMBER 30, 2020 WATER FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT LICENSES & PERMITS 50-32-100 EXCAVATION PERMIT FEES 50.00 2,250.00 275.00 ( 1,975.00)818.2 TOTAL LICENSES & PERMITS 50.00 2,250.00 275.00 ( 1,975.00)818.2 CHARGES FOR SERVICES 50-34-100 CUSTOMER SERVICE CHARGES 703.29 808,794.97 1,025,000.00 216,205.03 78.9 50-34-150 PENALTIES & INTEREST ( 298.64)4,148.68 1,000.00 ( 3,148.68)414.9 50-34-200 PLANT INVESTMENT FEES .00 30,800.00 7,700.00 ( 23,100.00)400.0 50-34-300 WATER METER SALES 945.00 31,139.02 50,000.00 18,860.98 62.3 TOTAL CHARGES FOR SERVICES 1,349.65 874,882.67 1,083,700.00 208,817.33 80.7 MISCELLANEOUS REVENUE 50-36-100 INTEREST EARNINGS 190.54 9,157.10 6,000.00 ( 3,157.10)152.6 50-36-900 MISCELLANEOUS REVENUE 375.00 3,643.70 2,500.00 ( 1,143.70)145.8 TOTAL MISCELLANEOUS REVENUE 565.54 12,800.80 8,500.00 ( 4,300.80)150.6 OTHER SOURCES & TRANSFERS 50-39-999 UNASSIGNED FUND BALANCE .00 654,679.50 863,280.71 208,601.21 75.8 TOTAL OTHER SOURCES & TRANSFERS .00 654,679.50 863,280.71 208,601.21 75.8 TOTAL FUND REVENUE 1,965.19 1,544,612.97 1,955,755.71 411,142.74 79.0 TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 11 MONTHS ENDING NOVEMBER 30, 2020 WATER FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT EXPENDITURES 50-40-110 SALARIES 20,195.37 257,593.79 300,000.00 42,406.21 85.9 50-40-210 HEALTH INSURANCE 5,046.80 61,253.77 75,000.00 13,746.23 81.7 50-40-220 FICA TAX 1,444.48 18,318.08 23,000.00 4,681.92 79.6 50-40-230 RETIREMENT 1,133.68 13,219.76 15,000.00 1,780.24 88.1 50-40-250 UNEMPLOYMENT TAX 61.46 775.60 1,000.00 224.40 77.6 50-40-280 TRAINING PROGRAMS 315.00 2,883.75 3,500.00 616.25 82.4 50-40-290 TRAVEL, MEALS AND LODGING .00 295.31 3,500.00 3,204.69 8.4 50-40-295 MEALS AND ENTERTAINMENT .00 6.00 2,000.00 1,994.00 .3 50-40-310 LEGAL FEES 7,487.50 71,527.83 65,000.00 ( 6,527.83)110.0 50-40-330 ENGINEERING FEES 3,877.50 39,230.60 80,000.00 40,769.40 49.0 50-40-360 COMPUTERS-NETWORKS AND SUPPORT 823.47 11,273.38 7,000.00 ( 4,273.38)161.1 50-40-370 OTHER PROFESSIONAL SERVICES 464.43 8,192.09 60,000.00 51,807.91 13.7 50-40-430 INSURANCE 14,421.94 14,421.94 27,000.00 12,578.06 53.4 50-40-440 ADVERTISING .00 .00 500.00 500.00 .0 50-40-460 SYSTEM REPAIR AND MAINT - PROD .00 31,234.51 160,000.00 128,765.49 19.5 50-40-465 SYSTEM REPAIR AND MAINT - DIST .00 21,136.94 265,000.00 243,863.06 8.0 50-40-490 PROFESSIONAL MEMBERSHIPS .00 5,813.75 9,500.00 3,686.25 61.2 50-40-500 OPERATING SUPPLIES-PRODUCTION 1,960.42 13,951.94 25,000.00 11,048.06 55.8 50-40-505 OPERATING SUPPLIES-DISTRIB .00 38,550.68 80,000.00 41,449.32 48.2 50-40-510 EQUIPMENT PURCHASE AND REPAIR .00 32.32 30,000.00 29,967.68 .1 50-40-520 TESTING 2,004.09 17,970.14 10,000.00 ( 7,970.14)179.7 50-40-550 POSTAGE & BILLING SUPPLIES 16.30 1,649.25 3,000.00 1,350.75 55.0 50-40-560 UTILITIES - TELEPHONE 220.79 9,720.14 4,750.00 ( 4,970.14)204.6 50-40-562 UTILITIES - ELECTRICITY .00 30,365.25 50,000.00 19,634.75 60.7 50-40-670 PROP MGMT - FRASER WTP .00 1,081.80 60,000.00 58,918.20 1.8 50-40-680 PROP MGMT - MARYVALE WTP .00 8,927.10 8,000.00 ( 927.10)111.6 50-40-690 MISCELLANEOUS EXPENSE 163.85 1,192.56 3,000.00 1,807.44 39.8 50-40-715 WATER RIGHTS - DIVERSION & DEV 171.81 9,247.42 45,000.00 35,752.58 20.6 50-40-730 CAPITAL PROJECTS .00 .00 500,000.00 500,000.00 .0 50-40-930 TRANSFER TO CERF .00 .00 30,000.00 30,000.00 .0 50-40-980 TRANSFER TO STRATEGIC RESERVES .00 .00 7,700.00 7,700.00 .0 TOTAL EXPENDITURES 59,808.89 689,865.70 1,953,450.00 1,263,584.30 35.3 TOTAL FUND EXPENDITURES 59,808.89 689,865.70 1,953,450.00 1,263,584.30 35.3 NET REVENUE OVER EXPENDITURES ( 57,843.70)854,747.27 2,305.71 ( 852,441.56)37070. TOWN OF FRASER BALANCE SHEET NOVEMBER 30, 2020 WASTEWATER FUND ASSETS 55-10100 CASH - COMBINED FUND 4,899,982.58 55-10290 CASH W/TREASURER - COLLECTIONS 1,179.56 55-11500 A/R CUSTOMER SERVICE CHARGES 6,653.55 55-11560 A/R - DEFERRED PIF 182,500.00 55-11900 MISCELLANEOUS RECEIVABLES 9,422.30 55-15950 CAP REPL RES HELD W/JFOC 1,697,315.60 55-15955 O&M RESERVE HELD W/JFOC 51,247.22 55-16100 LAND 144,320.40 55-16200 SEWER TREATMENT PLANT 3,345,648.89 55-16210 METER BUILDING & IMPROVEMENTS 8,056.39 55-16220 SEWER COLLECTION SYSTEM 11,179,204.75 55-16250 CONSOLIDATED COLLECTION SYSTEM 279,069.00 55-16400 EQUIPMENT 108,789.16 55-16450 CONSTRUCTION IN PROGRESS 1,127,174.00 55-17900 ACCUMULATED DEPRECIATION ( 1,309,622.64) 55-17901 ACCUMU DEPR - BLDG IMPROVE ( 8,073.00) 55-17905 ACCUM DEPR - PLANT/JFOC ( 66,278.24) 55-17910 ACCUM DEPR - SEWER COLLECT-FSD ( 5,316,438.89) 55-17915 ACCUM DEPR-EQUIPMENT ( 81,295.17) TOTAL ASSETS 16,258,855.46 LIABILITIES AND EQUITY LIABILITIES 55-20210 ACCRUED A/P - AUDIT 7,174.21 55-21100 ACCRUED PTO AND BENEFITS 12,814.00 TOTAL LIABILITIES 19,988.21 FUND EQUITY 55-27000 WWF COMMITTED RESERVE BAL-O&M 500,000.00 55-27010 WWF COMMITTED RESERVE BAL-CAP 221,000.00 55-27020 WWF COMMITTED RESERVE BAL-JFF 330,000.00 55-27030 WWF COMMITTED RESERVE - PLANT 900,000.00 55-27050 WWF STRATEGIC RESERVES 1,255,000.00 UNAPPROPRIATED FUND BALANCE: 55-29800 RETAINED EARNINGS 8,063,035.52 55-29810 RETAINED EARNINGS - UNRESTRICT 59,753.00 55-29820 RETAINED EARNINGS - RESTRICTED 701,475.11 REVENUE OVER EXPENDITURES - YTD 4,208,603.62 BALANCE - CURRENT DATE 13,032,867.25 TOTAL FUND EQUITY 16,238,867.25 TOTAL LIABILITIES AND EQUITY 16,258,855.46 TOWN OF FRASER REVENUES WITH COMPARISON TO BUDGET FOR THE 11 MONTHS ENDING NOVEMBER 30, 2020 WASTEWATER FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT CHARGES FOR SERVICES 55-34-100 CUSTOMER SERVICE CHARGES 426.76 642,457.67 895,000.00 252,542.33 71.8 55-34-150 PENALTIES & INTEREST ( 309.59)3,768.34 1,000.00 ( 2,768.34)376.8 55-34-200 PLANT INVESTMENT FEES 7,500.00 172,500.00 300,000.00 127,500.00 57.5 TOTAL CHARGES FOR SERVICES 7,617.17 818,726.01 1,196,000.00 377,273.99 68.5 MISCELLANEOUS REVENUE 55-36-100 INTEREST EARNINGS 533.67 37,257.49 18,500.00 ( 18,757.49)201.4 55-36-500 JFF MANAGEMENT FEE .00 21,750.00 29,000.00 7,250.00 75.0 TOTAL MISCELLANEOUS REVENUE 533.67 59,007.49 47,500.00 ( 11,507.49)124.2 OTHER SOURCES & TRANSFERS 55-39-920 TRANSFER IN FROM JFF PLANT REQ .00 200,000.00 200,000.00 .00 100.0 55-39-999 UNASSIGNED FUND BALANCE .00 4,867,989.33 1,389,000.88 ( 3,478,988.45)350.5 TOTAL OTHER SOURCES & TRANSFERS .00 5,067,989.33 1,589,000.88 ( 3,478,988.45)318.9 TOTAL FUND REVENUE 8,150.84 5,945,722.83 2,832,500.88 ( 3,113,221.95)209.9 TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 11 MONTHS ENDING NOVEMBER 30, 2020 WASTEWATER FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT EXPENDITURES 55-40-110 SALARIES 20,146.42 257,774.80 310,000.00 52,225.20 83.2 55-40-210 HEALTH INSURANCE 4,873.71 60,980.50 77,000.00 16,019.50 79.2 55-40-220 FICA TAX 1,444.52 18,379.72 25,000.00 6,620.28 73.5 55-40-230 RETIREMENT 1,104.52 12,500.75 17,000.00 4,499.25 73.5 55-40-250 UNEMPLOYMENT TAX 61.30 776.17 1,000.00 223.83 77.6 55-40-280 TRAINING PROGRAMS .00 700.00 3,000.00 2,300.00 23.3 55-40-290 TRAVEL, MEALS AND LODGING .00 .00 3,000.00 3,000.00 .0 55-40-295 MEALS AND ENTERTAINMENT .00 .00 2,000.00 2,000.00 .0 55-40-310 LEGAL FEES .00 .00 5,000.00 5,000.00 .0 55-40-330 ENGINEERING FEES .00 51,720.50 80,000.00 28,279.50 64.7 55-40-360 COMPUTERS-NETWORKS AND SUPPORT 593.32 8,320.16 7,000.00 ( 1,320.16)118.9 55-40-370 OTHER PROFESSIONAL SERVICES 464.42 8,156.10 15,000.00 6,843.90 54.4 55-40-410 BANK CHARGES .00 .00 100.00 100.00 .0 55-40-430 INSURANCE 9,026.98 9,026.98 7,000.00 ( 2,026.98)129.0 55-40-440 ADVERTISING .00 .00 500.00 500.00 .0 55-40-460 SYSTEM REPAIR AND MAINT-COLLEC .00 66,306.93 150,000.00 83,693.07 44.2 55-40-490 PROFESSIONAL MEMBERSHIPS .00 5,251.75 6,000.00 748.25 87.5 55-40-500 OPERATING SUPPLIES-COLLECTIONS .00 697.60 5,500.00 4,802.40 12.7 55-40-510 EQUIPMENT PURCHASE AND REPAIR .00 38.63 50,000.00 49,961.37 .1 55-40-520 TESTING .00 .00 1,000.00 1,000.00 .0 55-40-550 POSTAGE & BILLING SUPPLIES 16.30 1,649.26 2,500.00 850.74 66.0 55-40-560 UTILITIES - TELEPHONE 459.54 3,037.30 2,000.00 ( 1,037.30)151.9 55-40-650 WW TREATMENT CHARGES/JFOC 18,892.27 198,754.92 273,704.00 74,949.08 72.6 55-40-660 JFF CAPREPL RESERVE .00 982,034.00 982,034.00 .00 100.0 55-40-690 MISCELLANEOUS EXPENSE 163.85 1,013.14 3,000.00 1,986.86 33.8 55-40-730 CAPITAL PROJECTS .00 .00 250,000.00 250,000.00 .0 55-40-930 TRANSFER TO CERF .00 .00 30,000.00 30,000.00 .0 55-40-970 TRANSFER TO RESERVES .00 50,000.00 50,000.00 .00 100.0 TOTAL EXPENDITURES 57,247.15 1,737,119.21 2,358,338.00 621,218.79 73.7 TOTAL FUND EXPENDITURES 57,247.15 1,737,119.21 2,358,338.00 621,218.79 73.7 NET REVENUE OVER EXPENDITURES ( 49,096.31)4,208,603.62 474,162.88 ( 3,734,440.74)887.6 TOWN OF FRASER BALANCE SHEET NOVEMBER 30, 2020 GENERAL FIXED ASSETS ASSETS 91-16100 LAND 730,630.35 91-16200 ADMINISTRATION BUILDING 208,379.39 91-16203 MAINTENANCE BUILDING 57,722.51 91-16208 HOUSE - 400 DOC SUSIE AVE 54,839.27 91-16209 VISITOR CENTER 183,895.00 91-16211 BUSBARN & 105 FRASER AVE HOUSE 100,000.00 91-16250 CHURCH 267,000.00 91-16306 PARKS 367,800.08 91-16311 STREET IMPROVEMENTS 3,439,840.00 91-16312 HIGHWAY 40 PATH 8,872.00 91-16490 EQUIPMENT - OTHER 872,015.00 91-16500 OFFICE EQUIPMENT 57,261.75 91-17900 ACCUMULATED DEPRECIATION ( 2,260,048.61) TOTAL ASSETS 4,088,206.74 LIABILITIES AND EQUITY FUND EQUITY UNAPPROPRIATED FUND BALANCE: 91-29800 INVESTMENT IN FIXED ASSETS 4,088,206.74 BALANCE - CURRENT DATE 4,088,206.74 TOTAL FUND EQUITY 4,088,206.74 TOTAL LIABILITIES AND EQUITY 4,088,206.74 ECONOMIC DEVELOPMENT ADVISORY COMMITEE MINUTES DATE:Tuesday, October 27th 2020 MEETING:Economic Development Committee Meeting PLACE:Fraser Town Hall Board Room PRESENT Board:Barry Young, Deb Buhayar, Brian Nicolas, Tara Rose, Paula Stewart Staff:Marketing and Economic Development Manager, Sarah Wieck 1.Regular Meeting: Roll Call Barry called the meeting to order at 9:10 a.m. 2.Approval of Agenda: Philip Vandernail moved, and Deb Buhayar seconded the motion to approve the Agenda. Motion carried: 4-0. 3. Consent Agenda: a)Minutes – August 25th 2020 Deb Buhayar moved, and Tara Rose seconded the motion to remove the minutes of August 25, 2020 and they will be on the next agenda. Motion carried: 4-0. 4.Discussion a)Tourism Website a.Totally different b.Stick with civic plus c.Move forward d.Explorefrasercolorado.com b)Webcam Proposal a.Distillery 678-907-3702 b.Professional building c.Top of Fishers bar c)Business Enhancement Grant Page 2 of 2 Tara Rose Moved to open executive session, Barry seconded the motion Carried 4-0 5.Executive Session: To discuss the purchase, acquisition, lease, transfer, or sale of real, personal, or other property interest under C.R.S. Section 24-6-402(4)(a). Fraser Deed Restriction Program 6.Open Forum: 7.Other Business: 8. Future Agenda Items Deb Buhayar moved, and Tara Rose seconded the motion to adjourn. Motion carried: 4-0. Meeting adjourned at 10:33 a.m. PUBLIC ARTS COMMITEE MINUTES DATE:Friday, November 20th 2020 MEETING:Public Arts Committee Regular Meeting PLACE:Fraser Town Hall Board Room PRESENT Board: Steve Fitzgerald, Eric Vandernail, Lisa Baird, Tara Rose, Callie McDermott, Deb Knutson *Eric came in at 9:45am Staff:Marketing and Economic Development Manager, Sarah Wieck; Finance Manager, Beth Williams; Town Manager, Jeff Durbin 1.Regular Meeting: Roll Call called the meeting to order at 9:02 a.m. 2.Approval of Agenda: Callie moved, and Lisa seconded the motion to approve the Agenda. Motion carried: 5 -0. 3. Consent Agenda: Minutes – October 16th, 2020 Callie moved, and Lisa seconded the motion to approve the consent agenda. Motion carried: 5-0. 4.Discussion a.Budget Update b.2021 Sculpture Program a.Callie to forward Karl Yarbourough info to Sarah b.Call for artists for 2021 c.LPE Winter Festival a.2021/2022 d.Mural Festival Planning e.Zephyr Chairs Maintenance a.Lisa will reach out to artists of the chairs that need repair f.Streetscape Concepts a.LPE more classic Page 2 of 2 b.Fraser River concept 5.Open Forum: 6.Other Business: 7.Future Agenda Items: a.First Friday for summer 2021 a.June, July August, September b.What day b.Sculpture program 2021 follow up c.Oktoberfest enhancement d.Day of The Dead e.Street scape concepts a.LPE more classic b.Fraser River concept f.Mural fest planning a.Dates b.Kick off event and wrap up event c.Chair person for Mural Festival? d.Friday, Saturday and Sunday August 6th-8th e.Roles for Mural Festival 2021 i.Lisa Communications g.Snow Blade painting during Mural Festival h.Year round lighting or light installations? Meeting Adjourned: Steve moved, and Eric seconded the motion to adjourn. Motion carried: 6-0. Meeting adjourned at 10:30 a.m. PUBLIC ARTS COMMITEE MINUTES DATE: Friday, January 15th 2021 MEETING: Public Arts Committee Regular Meeting PLACE: Fraser Town Hall Board Room PRESENT Board: Steve Fitzgerald, Eric Vandernail, Lisa Baird, Tara Rose, Callie McDermott, Deb Knutson, Eric Vandernail, Jerilyn Suster Staff: Marketing and Economic Development Manager, Sarah Wieck; Town Clerk, Antoinette McVeigh 1. Regular Meeting: Roll Call called the meeting to order at 9:00 a.m. 2. Approval of Agenda: Callie moved, and Lisa seconded the motion to approve the Agenda. Motion carried: 7 -0. 3. Consent Agenda: Minutes – December 11th, 2020 Callie moved, and Lisa seconded the motion to approve the consent agenda. Motion carried: 7-0. 4. Discussion a. Entertainment District b. Budget Worksheet c. Main Street Program d. Tourism Website 5. Open Forum: 6. Other Business: a. Church Trailer b. Sculpture Update 7. Future Agenda Items: Page 2 of 2 a. PAC Summer project b. Properties for Mural Fest Commission c. RFP for architect d. Oktoberfest – Invite FRBC e. Colorado Main Street – Gail Langley Meeting Adjourned: Callie moved, and Eric seconded the motion to adjourn. Motion carried: 7-0. Meeting adjourned at 10:30 a.m.