Loading...
HomeMy Public PortalAboutTBP 2011-03-02 BOARD OF TRUSTEES REGULAR MEETING AGENDA WEDNESDAY,MARCH 2,2011 FRASER TOWN HALL Members of the Board may have dinner together @ 5:30 p.m. -Fraser Town Hall 1.Workshop– 6:00School fiscal crisis 2. Regular Meeting - 7:00Roll Call 3.Approval of Agenda 4.Consent Agenda a)Minutes –February 16, 2011 5.Open Forum a)Business not on the agenda 6.Updates a)Municipal Judge Georgia NoriyukI b)Winter Park/Fraser Valley Chamber of Commerce –Catherine Ross 7.Public Hearing 8.Discussion and Possible Action Regarding a)School District Funding Letter of Intent b)Economic Development c)Resolution 2011-03-01Confirming 448 Cranmer is not within the Fraser Town Boundaries d)Medical Marijuana Distance Requirements 9.Action Items 10.Community Reports 11.Staff Reports 12.Other Business Upcoming Meetings: Wed.March 16, 2011Board of Trustees Wed.March 23,2011Planning Commission PostedFebruary 24,2011 Lu Berger Ô« Þ»®¹»®ô ̱©² Ý´»®µ Town Board Briefing March 2, 2011 Note that the Town Board will have a workshop discussion regarding the School Fiscal Crisis between 6:00pm and 7:pm. The regular meeting will start at 7:00pm. Our Municipal Judge Georgia Noriyuki will visit with the Town Board briefly to update the Board on how our court has been functioning and to address any questions/concerns. We’ll hear a monthly update from the Chamber of Commerce as proposed during our joint meeting with the Chamber and Winter Park. We initiated some discussion last meeting regarding economic development initiatives, and propose additional discussion on this topic. Resolution 2011-03-01 is intended to clarify the status of 448 Cranmer. The Town of Fraser adopted ordinances that would haveannexed the property in 1988. However, for some reason never followed up with the steps necessary to effect the annexation. The property has never paid any Town of Fraser property taxes or use taxes, and all building permits have been issued exclusivelyby Grand County. As we look at the property today, it would not be a logical annexation. Thus, we propose adoption of this resolution to confirm that the property is not in the Town of Fraser. Enclosed for your consideration is a draft letter of intentregarding the Town of Fraser contribution to the 2011/2012 School District funding. Finally, we’ll have mapping available at the meeting for discussion of the distance requirements as they relate to Medical Marijuana Centers. As always, feel free to contact me if you have any questions or need any additional information. Town of Fraser PO Box 370, Fraser, CO 80442 office 970-726-5491fax 970-726-5518 www.frasercolorado.com FRASER BOARD OF TRUSTEES MINUTES DATE: Wednesday,February 16, 2011 MEETING: Board of Trustees Regular Meeting PLACE: Fraser Town Hall Board Room PRESENT Board: Mayor Fran Cook; Mayor Pro-Tem Steve Sumrall; Trustees: Peggy Smith, David Pratt, Scotty Brent, Joyce Burford and Eric Hoyhtya Staff: Town Manager Jeff Durbin;Town Clerk, Lu Berger; Finance Manager Nat Havens;Public Works Director Allen Nordin;Police Chief, Glen Trainor Others: See attached list Mayor Cook called the meeting to order at 6:06 p.m. 1.Regular Meeting: Roll Call 2.Approval of Agenda: motion Trustee Sumrall moved, and Trustee Burford seconded the to approve the Motion carried: 6-0. Agenda. 3.Consent Agenda: a)Minutes –February 2, 2011 b)Resolution 2011-02-02 Rendezvous Outfall Line motion Trustee Smith moved, and Trustee Sumrall seconded the to approve the Motion carried: 6-0. consent agenda. 4.Executive Session: 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) and for a conference with Special Counsel for the purpose of receiving legal advice on specific legal questions under C.R.S. Section 24-6-402(4)(b); regarding the status of water filings involving the Town’s Enter: 6:08p.m. water rights. motion Trustee Burford moved, and TrusteeSumrallseconded the to openthe Executive Session 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) and for a conference withSpecial Counsel for the purpose of receiving legal advice on specific legal questions under C.R.S. Section 24-6-402(4)(b); regarding the status of water filings involving the Town’s Motion water rights and to include TM Durbin, PWD Nordin, TC Berger, SC Thorne. carried:6-0. Page 2of 3 Trustee Hoyhtyaarrived 6:12 p.m. motion Trustee Hoyhtya moved, and TrusteeShapiroseconded the to close the Executive Session 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) and for a conference with Special Counsel for the purpose of receiving legal advice on specific legal questions under C.R.S. Section 24-6-402(4)(b); regarding the status of water filings involving the Town’s Motion carried:7-0.Exit:6:34p.m. water rights. Attorney’s Opinion Required by C.R.S. 24-6-402(2)(d.5)(II)(B). As the Special Counsel 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. Chris Thorne, Special Counsel 5.Open Forum: 6.Updates: 7.Public Hearings: 8.Discussion and Possible Action Regarding: a)School Funding Crisis Mayor Cook briefed the Board on the current proposals being discussed County wide regarding the funding crisis in the school district for the 2011-2012 school year and long- term funding. Ron Nelson of the Grand Foundation spoke to the Board on the proposals and recommended the Board check out www.steamboateducationfund.orgto see the way the Town of Steamboat has contributed to the funding of the Steamboat School District. Trustee Sumrall expressed his concerns with the funding proposals. Tom Sifers East Grand School Board President addressed the Boards questions and concerns. The Board directedstaff to explore a $50,000 letter of intent. b)Economic Development TM Durbin suggestedthe Board discuss creative opportunities toward promoting economic development within the Town of Fraser. Clark Lipscomb addressed the Board on the possibility ofcreating an urban renewal authority to promote business growth.The possibility of Fraser becoming a Home Rule Communitywas discussed. Page 3of 3 Mr.Lipscomb also briefed the Board on the possible creation of a health service district in Grand Park and Byers Peak Ranch. 9.Action Items: 10.CommunityReports: 11.Staff Reports: Town Clerk - None Finance Manager – Audit next week. Town Planner - None Public Works Director - None Town Manager – Naked Aspen Chamber Mixer on Thursday. New Water Rights engineerhas been hired by the Town. Community garden out by the ball fields will be going in,they have asked for our support. MMC moratorium has been extended for another year. Plant Superintendent - None Police Chief – New officer half way thru training. 12.Other Business: motionMotion Trustee Burford moved, and Trustee Brent seconded the to adjourn. carried:7-0. Meeting adjourned at 9:08 p.m. Lu Berger, Town Clerk East Grand School District Attn: Board of Directors Dear Board of Directors: I am writing to confirm that the Town of FraserBoard of Trustees has committed a donation in the amount of$50,000 towards the effort to raise $500,000 in matching funds forthe 2011/2012 school yearin order to allow the community time to pursue additional revenue sources. The Town of Fraser is currently deficit spending in order to maintain levels of service during these challenging economic times;however, the Town Board believes thatschools are an integral part of our community and local economy, and that the voters of the county should have the opportunity to find and to consider funding solutions prior to any school closures. This contribution is condition upon the following: 1.This contribution will only be used tooffset all of the budget cuts identified by the District Accountability Committee in their recommendations for the 2011/2012 school year, specifically the potential closing of Grand Lake Elementary and Fraser Valley Elementaryduring, but also including the potential closure of East Grand Middle School. 2.Additional cost-saving measures identified by the DACand School Board are expected in order to close the immediate funding gap in 2011/2012. 3.This contribution will payable after January 1, 2012 (this requires appropriations in the 2012 Budget). These funds will not be allocated to school funding should an additional revenue source be acquired by the School District prior to January 1, 2012. 4.The Town willcomply with all state and federal requirements in gifting these funds to the School District. 5.The Town of Fraser expects additional contributions from the community. The Town of Fraser Board of Trustees is committed to supporting quality education, and despite the fiscal challenge this contribution presents to Town of Fraser fiscal planning, we look forward to working with the entire community to address the fiscal challenges facing our School District. Sincerely, Fran Cook Mayor COLORADO: TOWN OF FRASER ORDINANCE NO. AN ORDINANCE PROVIDING FOR THE ANNEXATION OF TERPTTORY TO THE TOWN OF FRASER AND ZONING SUCH ANNEXED PROPERTY, AND AMENDING THE OFFICIAL ZONING MAP OF THE TOWN OF FRASER. BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE TOWN OF FRASER Section 1, Annexation, Subsection A. That the owner of One Hundred percent (1001) of the hereinafter described property have filed with the Board. of TrusteeF of the Town of Fraser, Colorado, a Petition for Annexation of said property to the Town of Fraser, Colorado. Subsection B. That the property to be annexed is described as follows, to wit: South of Lot 17, Block 1, Replat of Winter Park Ranch, Second Filing, also known as a Portion of the Ridge at Meadow Ridge, according to the Map filed for record September 23, 1977 as Reception No, 149967; Together with all roads and alleys contiguous there Subsection C. That the said property is eligible for annexa- tion as provided in the Municipal. Annexation Act of 1965". Subsection D. That the hereinahove described property be and the same is hereby annexed to the Town of Fraser, Colorado, and the corporate limits of said Town are hereby extended to encompass said property. Section 2, Zoning. WHEREAS, the property described above is by this Ordinance annexed to the Town. of Fraser, Colorado; and, WHEREAS, pursuant to Section 31-12-115, CR,5, as amended, it is necessary to zone said property; and, hereby amended by zoning the following property WHEREAS, a public hearing was held by the Board of Trustees of the Town of Fraser pursuant to Notice of said public hearing properly published, as required by Section 31-23-304, C.R.S. as amended.; and, WHEREAS, it appearing to the Board of Trustees that it would be in the best interests of the Town of Fraser to zone this property as in this Ordinance provided. Subsection A. The official zoning map of t1e •o of Fraser is South i of Lot 17, Block 1, Replat of Winter Park Ranch, Second. Filing, also known as a. Portion of the Ridge at Meadow Ridge, according to the Map filed for record September 23, 1.977 as Reception No, 149967; Together with all roads and alleys contiguous thereto. With the condition and restriction that no conditional uses as described in the Fraser Zoning Ordinance be allowed, that the property not be used for hotel, motel, lodge or boarding houses except that time-share and interval ownership shall be allowed, and nightly, weekly or longer term rentals shall he allowed_ Further, the owner of subject property shall execute a Perpetual Restrictive Covenant in conformance with these conditions, which Covenant shall be recorded. in the Grand County Records. ATTEST; Irt READ PASSED, ADOPTED AND ORDERED PUBLISHED this JO day of g- 1988. Virg 1a Winter, Town Clerk (S E A LI Published in the W inter Park Manifest the 1988. TOWN OF FRASER By -1111ke.:, Marianne Klanuke, Mayor Pro Tem day of WITNESSETH: PERPETUAL RESTRICTIVE COVENANT WHEREAS, the undersigned is the owner of Lot 17, Block. I, Replat ot Winter Park. Ranch Second Piling, County of Crand, State of Colorado; and WHEREAS, tae undersigned desires to restrict the use of the referenced property by covenant running with. the land in consideration of said. property being, zoned. A- Accommodations by the Town. of Fraser. NOW THEREFORE, the undersigned hereby covenants and agrees with the Town of Fraser and for the benefit of any person or entity who has the right to enforce the Zoning Ordinances of the Town of Fraser, which covenant shall run with the land into per- petuity, that until the property is re-zoned in accordance with app(icable lams and Town Ordinances to utilize the referenced property for only those. uses as are. cur- rently permitted in the A-Accommodations ZOne category of the Erased Zoning Ordinan- ces, with, the exception that the Property shall not he used. for any conditional use described in sai.d. Fraser Zoning Ordinance. A manaument offiae for such rentals shall. he allawed. STATE OF COLORADO) SS COUNTY OF GRAND 1988 by Scott Bradley. Witness my hand and official seal, My Commi s s inn expires r1r) cm_ kt 4 4 (SEAL) Notary Pub.ric STATE OF COLORADO) SS COUNTY OF GRAND 9 1 A 1, fr.‹ 1988 The foregoing was acknowledged before me tills L5n day of 0, My Commission espirea;__ LIENROLDER APPROVAL Co tt Bradley The undersigned has a lien 011 said Lot 17 and approves the Restrictions described in this Covenant. DATED: 6V V1 :0.YG K 1, 1988 Grand National Bank of Colorado o The foregoing was acknowledged before me this Mo s day of 0,orciami_ 1988 by of Grand National Bank of Colorado, Dennis S. Lightfoot as President. Witness my hand and official. seal. 3' 1 r Dennis S. Lightfoot, President, --P 9 Notary Public Lot 17, Block 1 Replat of Winter Park Ranch Second Filing THIS AGREEMENT is between the Town of Fraser, Colorado, acting by and through its Board of Trustees ("FRASER") and the OWNER as described on the signature page. The OWNER. owns a tract of land ("PROPERTY") adjacent to FRASER as described on the attached Exhibit. "A.", and OWNER desires to annex said. PROPERTY to FRASER and have it zoned according to law, FRASER and OWNER are willing to make certain commitments to the other as provided in this Agreement. IN CONSIDERATION OF THE PREMISES, the mutual. commitments, covenants and agreements herein contained, and for other good and valuable consideration, the receipt and adequacy of which is hereby irrevocably acknowledged, the parties agree as follows: 1. SHBMITTALS ANNEXATION AND ZONING. The OWNER shall submit to FRASER Annexation Petitions, boundary line maps of PROPERTY, current. title insurance policy or commitment, and written request for zoning designation of PROPERTY, all in accordance with applicable law 2. SUBMITTAL SUBDIVISION. OWNER is not now requesting the subdividing of property by FRASER. OWNET shall at such time as he desires to subdivide, comply with all Ordinances and Regulations applicable. thereto, except as may be excepted by Town. 3 FEES. PRE-ANNEXATION CONTRACT a) OWNER agrees to pay One. Hundred Percent (100%) of any costs o..1 FRASER in processing the Annexation and Zoning. Any annexation or zoning fees prepaid by OWNER shall be credited to sums due from OWNER, for his share of the fees. Expenses relater hereto include FRASER's attorneys, planners, engineers, publica- tion costs, mailing costs, surveys and other document prepara- tion, and any other out-of-pocket costs of FRASER directly relat- ed to said matters of annexation and zoning. No off-set or credit. shall be given OWNER. for subdivision or park fees charged under FRASER Subdivision Regulations. Said fees shall be paid. by OWNER. either when billed to the OWNER or as provided herein- Failure to pay said fees when due shall allow FRASER to cease all review of any pending matters including annexation, zoning, sub- division, building permits, or other matters. Unpaid fees shall accrue interest at eighteen. percent (18%) per annum, and OWNER shall pay all of FPASER's costs of collection including attor- neys' fees. Said fees shall be due even if said annexation, zoning or subdivision, if application be. made ter same, is de- nied, rejected, modified, conditionally approved or approved without conditions. b) Regarding School Fees required in the Subdivision Regulations, the OWNER has previously paid the required school fees to Grand. County and thus none are or will be due for OWNER's intended subdivision of PROPERTY into eighteen (18) residential two-bedroom condominium. units. 4 ZONING. a) Nothing contained herein. shall obligate FRASER to zone property to any specific classification or to any extent. Such determination shall be made only upon proper hearing of Rev. 1/11/88 evidence and decision made by the Board of Trustses. However, OWNER. may withdraw his Petition for Annexati on. prior to adoption by FRASER of the Ordinance zoning and annexing PROPERTY. FRASER agrees to take final action with regard to zoning' at the same time and simultaneously with the final action 11 takes on annexa- tion of PROPERTY. bl If PROPERTY is zoned other than Residential use exclusively, then such. zoning designation may be restricted to residential use in accordance with the Perpetual Restrictive Covenant, dated January 4, 1983, attached to Grand County Resolu- tion No. 1983-1-7. For example, if PROPERTY is zoned. "A-Accom- modations", then there shall be adopted a condition that, notwith- standing such zoning, the following uses shall not be permitted.: The conditional uses as described :n the Fraser Zoning Ordinance. A management office for rentals shall be allowed. OWNER agrees to execute a new Perpetual Rsstrictive Covenant that shall also be recorded in the. Grand County Records and shall run with the land. 5 COMPLIANCE WITH ORDINANCES AND REGULATIONS. Except as may be provided herein, OWNER. agrees to comply with all ordinances, regulations, statutes and rules. in effect at the time of annexation and that may be adopted or changed from time. to time in the future. Nothing herein. shall exempt PROPERTY (except as provided herein) from any of FRASER 's Ordinances, Regulations and Rules to which the. PROPER- TY' would otherwise. be subject- Rev. 1/11/88 6. WATER AND SEWER. a) PROPERTY' is now located within the Winter Park West Water and. Sanitation. District and ibis to obtain. all water and sewer needs from. said District. FRASER. shall not be obliga t- ed to supply any water or water related. services, including fire protection needs, to PROPERTY. Further, FRASER. shall not be obligated to supply any sewer needs to the PROPERTY. b) If, for any reason, the parties agree in the future that. FRASER may provide water or sewer services, or both, to the PROPERTY, OWNER agrees that FRASER shall not be required to install any water or sewer facilities, lines, lift stations, pumps or any other facilities that OWNER may need in order to utilize the water or sewer services then made available to him by FRASER. OWNER. shell pay for all such costs including plant investment (tap) fees and all charges than applicable. 7. EASEMENTS- OWNER agrees to provide. to FRASER, or FRASER 's assigns, such roads, highways, pedestrian, utility and other easements across PROPERTY as needed by such users, without compen- sation paid to OWNER- FRASER shall. de1 ermine. such need. which shell not materially interfere with OWNER's use of PROPERTY. Cranmer Avenue is not being annexed to the Town of Fraser. OWNER understands that the Town has no responsibility to maintain or plow Cranmer Avenue. 8. DRAINAGE, SNOW STORAGE AND LANDSCAPING. OWNER shall submit and perform construction of drainage, snow storage and land- scaping' plans for PROPERTY, using design materials similar to adjacent condominium. projects. 9. COVENANT ON LAND. This Agreement. shall be recorded in the Grand County Clerk and Recorder's Office and shall be a burden on and benefit. to the PROPERTY (and all improvements thereon), and shall be an obligation of. FRASER and. all OWNERS, successors, heirs and per- sonal representatives of OWNER, but not of any lienholders approving' this Agreement who acquire ownership of all or part of subject proper- ty. 10. ENTIRE AGREEMENT. This Agreement contains all obliga- tions of the parties except for such obligations as provided in the Annexation and Zoning Ordinance. This AgreeMent shall supersede all previous representations and communications, verbal or written, be- tween the parties. This Agreement shall not be modified. ox revoked. except in writing and signed by the parties or FRASER and the then. OWNER. of the PROPERTY. 11. VESTED RIGHTS. Notwithstanding that the. within Annexa- tion and Zoning of the subject property will not create vested prop- erty rights pursuant, to Ordinance No 168 of the Town. of Fraser, Colorado, and pursuant. to C.R.S., §24-68-101, et seg., as amended, the parties to this Pre—Annexation Contract agree that for a period of three (3) year subsequent to the date of the passage of the initial Ordinance first zoning the subject propexty, that no change In any of the Towns zoning ordinances, zoning regulations, subdivisions ordi- nances or subdivis;ion regulations shall 1r applicable to the subject property to the extent that such changes axe more restrictive or limiting as compared to those in effect at the date, of passage of the initial Ordinance first zoning property IN WITNESS WHEREOF, the parties have executed this Agreement the day and year noted below. OWNER Rev. 1/11/88 Lt 13r all) ey STATE 01' COLORADO ss: COUNTY OF GRAND (SEAL) BY: F:ASER DATED: 1988 DATED: r 1988 12 THE BOA OF TRUSTEES OF THE TOWN OF FRASER, COLORADO kII\J Marianne Klanclee, Mayor Pro Tem PaTEST: VirqJini a 11101 er, Town Clerk (SEAL) The foregoing instrument was subscribed and sworn. to before me this j 3 day of j 1986, by J. Scott Bradley. WITNESS my hand and official seal. My commission. expires: J Notary Public STATE OF COLORADO ss: COUNTY OF GRAND P r 0 K E xn II le t1 s ....,,p day of a k 1,..t.,E.:„... 1988, by m a r j... 471 firle 1., all C k- e I'lay r e, The foregcinf -1 was subscribed and sworn. to before and, Virginia Winter as TIK: Town netlic of the Town, of Fraser, Colorado. WITNESS my hand and official seal. My commission. expires: (SEAL) DATED: STATE OF COLORADO ss: COUNTY OF GRAND (SEAL) Rev. 1/11/88 LIENSELDEK APPROVAL WITNESS my hand. and official seal. My commission expires: 6-31-M Notary Pub tc The undersigned has a lien an subject property and consents to the contemplated annexation on t1 condition, that the undexsigned is not personally obligated 10 any mattes contained hercin, except, if it acquires ownership of subject property, to comply with Eraser's Ordinances and Regulations of a general nature to the. same extent. as any other propei ty owner in Fraser is required to comply. 1988, GRAND NATIONAL BANK 08 COLORADO BY: Dennis S. Lightto t, PresireTIT The foregoing instrument wms subscribed and sworn to before me this ,D1:::Ph day of ,Thx),)n.“: 1988, by Dennis S. Lightfoot, as President of Grand National Bank 01 Colorado. tL Notary Public Rev, 1/11/88 5 EXBIBIT "A." South of Lot 17, Block. 1, Replat of Winter Park Ranch Second. Filing, also known as a Portion of the Ridge at Meadow Ridge according to the Map filed for record. September 23, 1977 as Reception No. 149967, North of Lot 17, Block 1, Replat of Winter Park. Ranch Second Filing, also known as a. Portion of the Ridge at Meadow Ridge according to the Map filed. for record September 23, 1977 as Reception No. 149967, TOWN OF FRASER ORDINANCE NO. 1 i AN ORDINANCE PROVIDING, FOR THE ANNEXATION OF TERRITORY TO THE TOWN OF FRAfiER AND ZONING SUCN, ANNEXED PROPERTY, AND AMENDING THE OFFICIAL ZONING MAP OF THE TOWN OF FRASER- COLORADO: BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE TOWN OF FRASER Section. 1. Annexation. Subsection. A. That the owner of One Hundred percent. (1 O0%) of the hereinafter described. property have filed with the Board of Trustees of the Town of Fraser, Colorado, a Petition for Annexation of said property to the Town of Fraser, Colorado. Subsection B. That the property to be annexed. is described as follows, to wit: North of Lot 17, Block 1, Replat of Winter Park Ranch, Second. Filing, also known as a Portion of the Ridge at Meadow Ridge, according to the Map filed for record September 23, 1977 as Reception No. 149967; Together with all roads and alleys contiguous thereto. Subsection C. That the said property is eligible for annexa- tion as provided in "the Municipal Annexation Act of 1965". Subsection. D. That the hexeinabove described property be and the same is hereby annexed to the Town. of Fraser, Colorado, and the corporate limits of said Town are hereby extended to encompass said property. Section 2, Zoning. WHEREAS, the property described above is by this Ordinance annexed to the Town of Fraser, Colorado; and, WHEREAS, pursuant to Section 31-12-115, C.R.S. as amended, it is necessary to zone said property; and, WHEREAS, a public hearing was held by the Board of Trustees of the Town. of Fraser pursuant to Notice of said public hearing properly published, as required by Section 31-23-304, C.R.S. as amended; and, WHEREAS, it appearing to the Board. of Trustees that it would be in the best interests of the Town of Fraser to zone this property as in this Ordinance provided. Subsection. A. The official zoning map of the Town ofFrasex is hereby amended by zoning the following property North of Lot 17, Block 1, Replat of Winter Park Ranch, Second Filing, also known as a Portion of the Ridge at Meadow Ridge, according to the Map filed for record September 23, 1977 as Reception. No. 149967; Together with all roads and alleys contiguous thereto. With the condition and restriction that no conditional uses as described. in the Fraser Zoning Ordinance be allowed, that the property not be used for hotel, motel, lodge or boarding houses except that time-share and interval ownership shall be allowed, and nightly, weekly or longer term rentals shall be allowed- Further, the owner of subject property shall execute a Perpetual Restrictive Covenant in conformance with these conditions, which Covenant shall be recorded. in the Grand County Records. ATTEST READ PASSED, ADOPTED AND ORDERED PUBLISHED this 19B8. (5 E A :1_,) TOWN OF FRASER Published in the Lnter Park. Manifest th the day of 1988. re. day of By L1 Marianne Klaneko, Mayor Pro Tem TOWN OF FRASER RESOLUTION NO.2011-03-01 A RESOLUTIONCONFIRMING THAT 448 CRANMER IS NOT LOCATED WITHIN THE CORPORATE LIMITS OF THE TOWN OF FRASER WHEREAS, the Town of Fraser Adopted Ordinances 169 and 170 in 1988 providing for the annexation of 448 Cranmer, and WHEREAS, the Town of Fraser did not effect the annexation as required by State Statute, and WHEREAS, no property or use taxes have ever been paid by said property to the Town of Fraser nor has the Town ever issued any permits related to said property. THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF FRASER, COLORADO THAT: 1.The Town Board of Fraser, Colorado herebyconfirms that the property known as 448 Cranmer is not located within the corporate limits of the Town of Fraser. nd DULY MOVED, SECONDED AND ADOPTED THIS 2DAYOFMARCH, 2011. BOARD TRUSTEES OF THE TOWN OF FRASER, COLORADO BY: Mayor ATTEST: (S E A L) Town Clerk Clerk’s Update March 2, 2011 I have received the Fraser Quikstop and Rocky Mountain Moonshine’s liquor license renewals for 2011. They have been forwarded onto the State. I have received an inquiry on a possible new liquor license in Fraser. When I receive an application it will be brought to the Local Licensing Authority for approval. As always, feel free to contact me if you have any questions or need any additional information. COMBINED CASH ACCOUNTS 01 -10200 GENERAL CHECKING #878 000884 01 -10220 GENERAL CO -01- 0160 -8001 TOTAL COMBINED CASH 01 -10100 CASH ALLOCATED TO OTHER FUNDS CASH ALLOCATION RECONCILIATION 10 ALLOCATION TO GENERAL FUND 20 ALLOCATION TO CONSERVATION TRUST FUND 30 ALLOCATION TO CAPITAL EQUIP REPLACEMENT FUND 32 ALLOCATION TO CAPITAL ASSET FUND 40 ALLOCATION TO DEBT SERVICE FUND 50 ALLOCATION TO WATER FUND 55 ALLOCATION TO WASTEWATER FUND 70 ALLOCATION TO PETERSEN TRUST TOTAL ALLOCATIONS TO OTHER FUNDS ALLOCATION FROM COMBINED CASH FUND 01 -10100 FOR ADMINISTRATION USE ONLY TOWN OF FRASER COMBINED CASH INVESTMENT JANUARY 31, 2011 75,772.67 6,606,981.04 6,682,753.71 6,682,753.71) TOTAL UNALLOCATED CASH .00 2,997,648.09 48,484.04 295,892.41 150,608.02 679,457.20 419,320.69 2,073,588.34 17, 754.92 6,682,753.71 6,682,753.71) ZERO PROOF IF ALLOCATIONS BALANCE .00 8 OF THE FISCAL YEAR HAS ELAPSED 02/15/2011 01:03PM PAGE: 1 ASSETS 10 -10100 CASH COMBINED FUND 10 -11100 PROPERTY TAXES RECEIVABLE 10 -11110 SALES TAXES RECEIVABLE 10 -11190 OTHER TAXES RECEIVABLE 10 -11550 ACCTS REC BILLINGS LIABILITIES AND EQUITY LIABILITIES FUND EQUITY TOWN OF FRASER BALANCE SHEET JANUARY 31, 2011 GENERAL FUND UNAPPROPRIATED FUND BALANCE: 10 -29800 FUND BALANCE BEGINNING OF YR 2,266,033.30 REVENUE OVER EXPENDITURES YTD 94,195.42) BALANCE CURRENT DATE TOTAL FUND EQUITY TOTAL LIABILITIES AND EQUITY FOR ADMINISTRATION USE ONLY 2,997,648.09 268,139.00 183,171.20 9,255.77 67,220.63 TOTAL ASSETS 3,525,434.69 10 -20200 ACCOUNTS PAYABLE TRADE 8,176.94 10 -21730 STATE WITHHOLDING PAYABLE 2,385.00 10 -21740 UNEMPLOYMENT TAXES PAYABLE 133.31 10 -21760 HEALTH INSURANCE PAYABLE 1,025.12 10 -21773 DEPENDENT CARE PAYABLE 1,746.25) 10 -21775 FLEX HEALTH PLAN PAYABLE 9,400.78 10 -22210 DEFERRED TAXES 268,139.35 10 -22920 SUBDIVISION IMP SECURITY DEP 79,277.56 10 -22930 DRIVEWAY PERMIT SURETY 3,000.00 10 -22940 PRE ANNEXATION DEPOSIT BPR 10,000.00 TOTAL LIABILITIES 379,791.81 10 -27000 RESFUND BAL SAVINGS 750,000.00 10 -27100 RESTRICTED FUND BALANCE 223,805.00 2,171,837.88 3,145,642.88 3,525,434.69 8 OF THE FISCAL YEAR HAS ELAPSED 02/15/2011 01:03PM PAGE: 2 TAXES TOWN OF FRASER REVENUES WITH COMPARISON TO BUDGET FOR THE 1 MONTHS ENDING JANUARY 31, 2011 GENERAL FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT 10 -31 -100 GENERAL FUND PROPERTY TAX .00 .00 250,000.00 250,000.00 .0 10 -31 -200 SPECIFIC OWNERSHIP TAX .00 .00 8,000.00 8,000.00 .0 10 -31 -300 MOTOR VEHICLE TAX .00 .00 4,000.00 4,000.00 .0 10 -31 -400 TOWN SALES TAX .00 .00 1,550,000.00 1,550,000.00 .0 10 -31 -410 USE TAX- BUILDING MATERIALS 12.00 12.00 15,000.00 14,988.00 .1 10 -31 -420 USE TAX MOTOR VEHICLE SALES .00 .00 20,000.00 20,000.00 .0 10 -31 -430 STATE CIGARETTE TAX .00 .00 6,500.00 6,500.00 .0 10 -31 -800 FRANCHISE FEES .00 .00 40,000.00 40,000.00 .0 TOTAL TAXES LICENSES PERMITS 10 -32 -100 BUSINESS LICENSE FEES 10 -32 -110 LIQUOR LICENSE FEES TOTAL LICENSES PERMITS 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 900.00 900.00 1,500.00 600.00 60.0 10 -34 -130 MISCELLANEOUS PLANNING FEES .00 .00 1,000.00 1,000.00 .0 TOTAL CHARGES FOR SERVICES 900.00 900.00 5,000.00 4,100.00 18.0 MISCELLANEOUS REVENUE 10 -36 -100 INTEREST EARNINGS 10 -36 -300 RENTAL INCOME 10 -36 -610 REIMBURSABLE PROF SERVICES 10 -36 -900 MISCELLANEOUS REVENUE OTHER SOURCES TRANSFERS 10 -39 -900 TRANSFERS IN FROM OTHER FUNDS 10 -39 -999 CARRYOVER BALANCE TOTAL OTHER SOURCES TRANSFERS TOTAL FUND REVENUE FOR ADMINISTRATION USE ONLY 12.00 12.00 1,893,500.00 1,893,488.00 .0 40.00 40.00 13,000.00 12,960.00 .3 472.50 472.50 1,500.00 1,027.50 31.5 512.50 512.50 14,500.00 13,987.50 3.5 436.22 1,485.00 1,556.13 1,930.50 TOTAL MISCELLANEOUS REVENUE 5,407.85 436.22 1,485.00 1,556.13 1,930.50 8,000.00 9,000.00 75,000.00 35,000.00 5,407.85 127,000.00 7,563.78 5.5 7,515.00 16.5 73,443.87 2.1 33,069.50 5.5 121,592.15 4.3 .00 .00 50,000.00 50,000.00 .0 .00 .00 2,167,405.00 2,167,405.00 .0 .00 .00 2,217,405.00 2,217,405.00 .0 6,832.35 6,832.35 4,257,405.00 4,250,572.65 .2 8 OF THE FISCAL YEAR HAS ELAPSED 02/15/2011 01:03PM PAGE: 3 TOWN BOARD FOR ADMINISTRATION USE ONLY TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 1 MONTHS ENDING JANUARY 31, 2011 GENERAL FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT 10 -41 -110 SALARIES 500.00 500.00 26,000.00 25,500.00 1.9 10 -41 -220 FICA TAX 38.25 38.25 1,989.00 1,950.75 1.9 10 -41 -280 TRAINING PROGRAMS .00 .00 2,000.00 2,000.00 .0 10 -41 -290 TRAVEL, MEALS AND LODGING .00 .00 3,000.00 3,000.00 .0 10 -41 -295 MEALS AND ENTERTAINMENT .00 .00 6,000.00 6,000.00 .0 10 -41 -690 MISCELLANEOUS EXPENSE .00 .00 2,500.00 2,500.00 .0 10 -41 -860 GRANTS AND AID TO AGENCIES .00 .00 2,500.00 2,500.00 .0 10 -41 -861 INTERGOVERNMENTAL AGREEMENTS .00 .00 15,000.00 15,000.00 .0 10 -41 -862 FRASER/WINTER PARK POLICE DEPT .00 .00 375,000.00 375,000.00 .0 10 -41 -863 STREET LIGHTING AND SIGNALS .00 .00 18,000.00 18,000.00 .0 10 -41 -864 SPECIAL EVENTS .00 .00 10,000.00 10,000.00 .0 10 -41 -866 WOOD STOVE REBATES .00 .00 1,000.00 1,000.00 .0 10 -41 -867 CHAMBER OF COMMERCE IGA .00 .00 51,615.00 51,615.00 .0 10 -41 -868 WINTER SHUTTLE IGA .00 .00 48,000.00 48,000.00 .0 10 -41 -870 BUSINESS DIST STREETSCAPE 415.00 415.00 .00 415.00) .0 10 -41 -871 BUSINESS ENHANCEMENT PROGRAMS 1,904.00 1,904.00 15,000.00 13,096.00 12.7 TOTAL TOWN BOARD 2,857.25 2,857.25 577,604.00 574,746.75 .5 8 OF THE FISCAL YEAR HAS ELAPSED 02/15/2011 01:03PM PAGE: 4 ADMINISTRATION TOTAL ADMINISTRATION FOR ADMINISTRATION USE ONLY TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 1 MONTHS ENDING JANUARY 31, 2011 GENERAL FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT 10 -45 -110 SALARIES 14,579.00 14,579.00 215,250.00 200,671.00 6.8 10 -45 -210 HEALTH INSURANCE 2,557.81 2,557.81 40,482.00 37,924.19 6.3 10 -45 -220 FICA TAX 1,030.84 1,030.84 16,467.00 15,436.16 6.3 10 -45 -230 RETIREMENT 572.38 572.38 8,610.00 8,037.62 6.7 10 -45 -250 UNEMPLOYMENT TAX 43.72 43.72 646.00 602.28 6.8 10 -45 -280 TRAINING PROGRAMS 225.00 225.00 4,000.00 3,775.00 5.6 10 -45 -290 TRAVEL, MEALS AND LODGING .00 .00 4,000.00 4,000.00 .0 10 -45 -295 MEALS AND ENTERTAINMENT 125.11 125.11 3,000.00 2,874.89 4.2 10 -45 -310 LEGAL FEES .00 .00 50,000.00 50,000.00 .0 10 -45 -320 AUDIT FEES .00 .00 18,000.00 18,000.00 .0 10 -45 -330 ENGINEERING FEES .00 .00 5,000.00 5,000.00 .0 10 -45 -360 COMPUTERS NETWORKS AND SUPPORT 3,024.84 3,024.84 30,000.00 26,975.16 10.1 10 -45 -370 OTHER PROFESSIONAL SERVICES .00 .00 40,000.00 40,000.00 .0 10 -45 -375 REIMBURSABLE PROF SERVICES .00 .00 75,000.00 75,000.00 .0 10 -45 -380 JANITORIAL SERVICES .00 .00 13,125.00 13,125.00 .0 10 -45 -385 TREASURERS FEES .00 .00 7,500.00 7,500.00 .0 10 -45 -395 RECORDING FEES .00 .00 1,000.00 1,000.00 .0 10 -45 -410 BANK CHARGES 36.60 36.60 600.00 563.40 6.1 10 -45 -420 ELECTIONS .00 .00 2,500.00 2,500.00 .0 10 -45 -430 INSURANCE -ALL DEPARTMENTS 21,148.63 21,148.63 48,000.00 26,851.37 44.1 10 -45 -440 ADVERTISING .00 .00 1,500.00 1,500.00 .0 10 -45 -490 PROFESSIONAL MEMBERSHIPS 3,703.00 3,703.00 7,500.00 3,797.00 49.4 10 -45 -500 OPERATING SUPPLIES 489.43 489.43 16,000.00 15,510.57 3.1 10 -45 -510 EQUIPMENT PURCHASE AND REPAIR .00 .00 20,000.00 20,000.00 .0 10 -45 -550 POSTAGE 200.00 200.00 3,000.00 2,800.00 6.7 10 -45 -560 UTILITIES TELEPHONE 422.22 422.22 8,500.00 8,077.78 5.0 10 -45 -561 UTILITIES NATURAL GAS 573.48 573.48 6,200.00 5,626.52 9.3 10 -45 -562 UTILITIES ELECTRICITY .00 .00 7,000.00 7,000.00 .0 10 -45 -569 UTILITIES TRASH REMOVAL 50.00 50.00 2,000.00 1,950.00 2.5 10 -45 -670 PROP MGMT 117 EISENHOWER DR 859.17 859.17 25,000.00 24,140.83 3.4 10 -45 -671 PROP MGMT 105 FRASER AVE .00 .00 1,000.00 1,000.00 .0 10 -45 -673 PROP MGMT 153 FRASER AVE .00 .00 12,000.00 12,000.00 .0 10 -45 -674 PROP MGMT 200 EISENHOWER DR 331.50 331.50 2,000.00 1,668.50 16.6 10 -45 -676 PROP MGMT 400 DOC SUSIE AVE .00 .00 1,000.00 1,000.00 .0 10 -45 -690 MISCELLANEOUS EXPENSE .00 .00 5,000.00 5,000.00 .0 10 -45 -810 LEASE /PURCHASE PRINCIPAL 16,669.81 16,669.81 50,455.00 33,785.19 33.0 10 -45 -820 LEASE /PURCHASE INTEREST 946.58 946.58 23,150.00 22,203.42 4.1 67,589.12 67,589.12 774,485.00 706,895.88 8.7 8 OF THE FISCAL YEAR HAS ELAPSED 02/15/2011 01:04PM PAGE: 5 PUBLIC WORKS TOTAL PUBLIC WORKS WALK THROUGH HISTORY PARK 10 -65 -560 UTILITIES TELEPHONE 10 -65 -670 PROP MGMT 120 ZEREX TOTAL WALK THROUGH HISTORY PARK FOR ADMINISTRATION USE ONLY TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 1 MONTHS ENDING JANUARY 31, 2011 GENERAL FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT 10 -60 -110 SALARIES 20,649.40 20,649.40 346,500.00 325,850.60 6.0 10 -60 -210 HEALTH INSURANCE 4,101.25 4,101.25 60,000.00 55,898.75 6.8 10 -60 -220 FICA TAX 1,476.51 1,476.51 26,507.00 25,030.49 5.6 10 -60 -230 RETIREMENT 825.98 825.98 13,860.00 13,034.02 6.0 10 -60 -250 UNEMPLOYMENT TAX 61.94 61.94 1,040.00 978.06 6.0 10 -60 -280 TRAINING PROGRAMS 3.72 3.72 2,000.00 1,996.28 .2 10 -60 -290 TRAVEL, MEALS AND LODGING .00 .00 2,000.00 2,000.00 .0 10 -60 -295 MEALS AND ENTERTAINMENT .00 .00 500.00 500.00 .0 10 -60 -330 ENGINEERING FEES .00 .00 20,000.00 20,000.00 .0 10 -60 -370 OTHER PROFESSIONAL SERVICES 247.00 247.00 2,500.00 2,253.00 9.9 10 -60 -480 EQUIPMENT RENTAL .00 .00 5,000.00 5,000.00 .0 10 -60 -490 PROFESSIONAL MEMBERSHIPS .00 .00 500.00 500.00 .0 10 -60 -500 OPERATING SUPPLIES 3.35 3.35 65,000.00 64,996.65 .0 10 -60 -506 PLANTS /PLANTER SUPPLIES .00 .00 10,000.00 10,000.00 .0 10 -60 -510 EQUIPMENT PURCHASE AND REPAIR 1,747.63 1,747.63 40,000.00 38,252.37 4.4 10 -60 -560 UTILITIES TELEPHONE 144.48 144.48 3,000.00 2,855.52 4.8 10 -60 -561 UTILITIES NATURAL GAS 826.34 826.34 7,500.00 6,673.66 11.0 10 -60 -562 UTILITIES ELECTRICITY .00 .00 3,500.00 3,500.00 .0 10 -60 -569 UTILITIES TRASH REMOVAL .00 .00 2,500.00 2,500.00 .0 10 -60 -670 PROP MGMT 125 FRASER AVE .00 .00 5,000.00 5,000.00 .0 10 -60 -673 PROP MGMT FRASER RIVER TRAIL .00 .00 35,000.00 35,000.00 .0 10 -60 -674 PROP MGMT HWY 40 PEDESTRIAN .00 .00 5,000.00 5,000.00 .0 10 -60 -676 PROP MGMT OLD SCHLHOUSE PK .00 .00 500.00 500.00 .0 10 -60 -678 PROP MGMT WALK THRU HIST PRK .00 .00 5,000.00 5,000.00 .0 10 -60 -679 PROP MGMT SCHOOL BUS GARAGE 429.88 429.88 8,000.00 7,570.12 5.4 10 -60 -681 PROP MGMT COZENS RANCH PARK .00 .00 10,000.00 10,000.00 .0 10 -60 -682 PROP MGMT AMTRAK STATION .00 .00 1,500.00 1,500.00 .0 10 -60 -683 PROP MGMT PTARMIGAN OS .00 .00 1,500.00 1,500.00 .0 10 -60 -684 PROP MGMT FRODO .00 .00 2,500.00 2,500.00 .0 10 -60 -690 MISCELLANEOUS EXPENSE .00 .00 5,000.00 5,000.00 .0 10 -60 -725 STREET IMPROVEMENTS .00 .00 10,000.00 10,000.00 .0 30,517.48 30,517.48 700,907.00 670,389.52 4.4 40.10 40.10 1,000.00 959.90 4.0 .00 .00 2,000.00 2,000.00 .0 40.10 40.10 3,000.00 2,959.90 1.3 8 OF THE FISCAL YEAR HAS ELAPSED 02/15/2011 01:04PM PAGE: 6 TRANSFERS TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 1 MONTHS ENDING JANUARY 31, 2011 GENERAL FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT 10 -90 -920 TRANSFER TO CERF POLICE DEPT .00 .00 35,000.00 35,000.00 .0 10 -90 -930 TRANSFER TO CERF PUBLICWORKS .00 .00 50,000.00 50,000.00 .0 10 -90 -935 TRANSFER TO CAF .00 .00 100,000.00 100,000.00 .0 10 -90 -940 TRANSFER TO DEBT SERVICE FUND .00 .00 247,250.00 247,250.00 .0 10 -90 -950 TRANSFER TO WATER FUND .00 .00 23,000.00 23,000.00 .0 10 -90 -960 TRANSFER TO FREP .00 .00 50,000.00 50,000.00 .0 TOTAL TRANSFERS FISCAL AGENT 10 -95 -110 SALARIES 10 -95 -220 FICA TAX 10 -95 -230 RETIREMENT 10 -95 -250 UNEMPLOYMENT TAX TOTAL FISCAL AGENT TOTAL FUND EXPENDITURES NET REVENUE OVER EXPENDITURES FOR ADMINISTRATION USE ONLY 101,027.77 .00 .00 505,250.00 505,250.00 .0 19.99 19.99 .00 19.99) .0 3.24) 3.24) .00 3.24 .0 .80 .80 .00 .80) .0 6.27 6.27 .00 6.27) .0 23.82 23.82 .00 23.82) .0 94,195.42) 94,195.42) 101,027.77 2,561,246.00 2,460,218.23 3.9 1,696,159.00 1,790,354.42 5.6) 8 OF THE FISCAL YEAR HAS ELAPSED 02/15/2011 01:04PM PAGE: 7 ASSETS 20 -10100 CASH COMBINED FUND 48,484.04 TOTAL ASSETS 48,484.04 LIABILITIES AND EQUITY FUND EQUITY UNAPPROPRIATED FUND BALANCE: 20 -29800 FUND BALANCE BEGINNING OF YR REVENUE OVER EXPENDITURES YTD BALANCE CURRENT DATE TOTAL FUND EQUITY TOTAL LIABILITIES AND EQUITY FOR ADMINISTRATION USE ONLY TOWN OF FRASER BALANCE SHEET JANUARY 31, 2011 CONSERVATION TRUST FUND 48,477.36 6.68 48,484.04 48,484.04 48,484.04 8 OF THE FISCAL YEAR HAS ELAPSED 02/15/2011 01:04PM PAGE: 8 REVENUE FOR ADMINISTRATION USE ONLY TOWN OF FRASER REVENUES WITH COMPARISON TO BUDGET FOR THE 1 MONTHS ENDING JANUARY 31, 2011 CONSERVATION TRUST FUND 20 -30 -100 CONS TRUST (LOTTERY) PROCEEDS .00 .00 5,900.00 5,900.00 .0 20 -30 -800 INTEREST EARNINGS 6.68 6.68 60.00 53.32 11.1 20 -30 -999 CARRYOVER BALANCE .00 .00 49,388.00 49,388.00 .0 TOTAL REVENUE 6.68 TOTAL FUND REVENUE 6.68 PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT 6.68 55,348.00 55,341.32 .0 6.68 55,348.00 55,341.32 .0 8 OF THE FISCAL YEAR HAS ELAPSED 02/15/2011 01:04PM PAGE: 9 EXPENDITURES 20 -40 -910 TRANSFER TO GENERAL FUND TOTAL EXPENDITURES TOTAL FUND EXPENDITURES FOR ADMINISTRATION USE ONLY TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 1 MONTHS ENDING JANUARY 31, 2011 CONSERVATION TRUST FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT .00 .00 NET REVENUE OVER EXPENDITURES 6.68 .00 50,000.00 50,000.00 .0 .00 50,000.00 50,000.00 .0 .00 .00 50,000.00 50,000.00 .0 6.68 5,348.00 5,341.32 .1 8 OF THE FISCAL YEAR HAS ELAPSED 02/15/2011 01:04PM PAGE: 10 ASSETS 30 -10100 CASH COMBINED FUND 295,892.41 TOTAL ASSETS 295,892.41 LIABILITIES AND EQUITY FUND EQUITY UNAPPROPRIATED FUND BALANCE: 30 -29800 FUND BALANCE BEGINNING OF YR REVENUE OVER EXPENDITURES YTD BALANCE CURRENT DATE TOTAL FUND EQUITY TOTAL LIABILITIES AND EQUITY FOR ADMINISTRATION USE ONLY TOWN OF FRASER BALANCE SHEET JANUARY 31, 2011 CAPITAL EQUIP REPLACEMENT FUND 295,849.48 42.93 295,892.41 295,892.41 295,892.41 8 OF THE FISCAL YEAR HAS ELAPSED 02/15/2011 01:04PM PAGE: 11 REVENUE TOTAL FUND REVENUE FOR ADMINISTRATION USE ONLY TOWN OF FRASER REVENUES WITH COMPARISON TO BUDGET FOR THE 1 MONTHS ENDING JANUARY 31, 2011 CAPITAL EQUIP REPLACEMENT FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT 30 -30 -100 HWY USE TAX PROCEEDS .00 .00 42,420.00 42,420.00 .0 30 -30 -800 INTEREST EARNINGS 42.93 42.93 550.00 507.07 7.8 30 -30 -900 TRANSFER FROM G/F POLICEDEPT .00 .00 35,000.00 35,000.00 .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 20,000.00 20,000.00 .0 30 -30 -999 CARRYOVER BALANCE .00 .00 292,518.00 292,518.00 .0 TOTAL REVENUE 42.93 42.93 440,488.00 440,445.07 .0 42.93 42.93 440,488.00 440,445.07 .0 8 OF THE FISCAL YEAR HAS ELAPSED 02/15/2011 01:04PM PAGE: 12 EXPENDITURES TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 1 MONTHS ENDING JANUARY 31, 2011 CAPITAL EQUIP REPLACEMENT FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT 30 -40 -745 PUBLIC SAFETY FLEET PURCHASE .00 .00 35,000.00 35,000.00 .0 30 -40 -750 REGULAR FLEET PURCHASE .00 .00 15,000.00 15,000.00 .0 30 -40 -755 HEAVY EQUIPMENT PURCHASE .00 .00 15,000.00 15,000.00 .0 TOTAL EXPENDITURES .00 .00 65,000.00 65,000.00 .0 TOTAL FUND EXPENDITURES .00 .00 65,000.00 65,000.00 .0 NET REVENUE OVER EXPENDITURES 42.93 42.93 375,488.00 375,445.07 .0 FOR ADMINISTRATION USE ONLY 8 OF THE FISCAL YEAR HAS ELAPSED 02/15/2011 01:04PM PAGE: 13 ASSETS 32 -10100 CASH COMBINED FUND 150,608.02 TOTAL ASSETS 150,608.02 LIABILITIES AND EQUITY FUND EQUITY UNAPPROPRIATED FUND BALANCE: 32 -29800 FUND BALANCE BEGINNING OF YR REVENUE OVER EXPENDITURES YTD BALANCE CURRENT DATE TOTAL FUND EQUITY TOTAL LIABILITIES AND EQUITY FOR ADMINISTRATION USE ONLY TOWN OF FRASER BALANCE SHEET JANUARY 31, 2011 CAPITAL ASSET FUND 150,586.08 21.94 150,608.02 150,608.02 150,608.02 8 OF THE FISCAL YEAR HAS ELAPSED 02/15/2011 01:04PM PAGE: 14 CAPITAL ASSET REVENUE TOWN OF FRASER REVENUES WITH COMPARISON TO BUDGET FOR THE 1 MONTHS ENDING JANUARY 31, 2011 CAPITAL ASSET FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT 32 -30 -800 INTEREST EARNINGS 21.94 21.94 375.00 353.06 5.9 32 -30 -910 TRANSFER IN FROM GENERAL FUND .00 .00 100,000.00 100,000.00 .0 32 -30 -999 CARRYOVER FUND BALANCE .00 .00 150,575.00 150,575.00 .0 TOTAL CAPITAL ASSET REVENUE 21.94 21.94 250,950.00 250,928.06 .0 TOTAL FUND REVENUE 21.94 21.94 250,950.00 250,928.06 .0 FOR ADMINISTRATION USE ONLY 8 OF THE FISCAL YEAR HAS ELAPSED 02/15/2011 01:04PM PAGE: 15 CAPITAL ASSET EXPENDITURES 32 -40 -810 CAPITAL PROJ- STREETS EXISTING TOTAL CAPITAL ASSET EXPENDITURES TOTAL FUND EXPENDITURES NET REVENUE OVER EXPENDITURES FOR ADMINISTRATION USE ONLY TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 1 MONTHS ENDING JANUARY 31, 2011 CAPITAL ASSET FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT .00 .00 .00 250,000.00 250,000.00 .0 .00 250,000.00 250,000.00 .0 .00 .00 250,000.00 250,000.00 .0 21.94 21.94 950.00 928.06 2.3 8 OF THE FISCAL YEAR HAS ELAPSED 02/15/2011 01:04PM PAGE: 16 INTERGOVERNMENTAL REVENUE 35 -30 -100 GRANTS AND AWARDS 35 -30 -910 TRANSFER IN FROM GENERAL FUND TOTAL INTERGOVERNMENTAL REVENUE TOTAL FUND REVENUE FOR ADMINISTRATION USE ONLY TOWN OF FRASER REVENUES WITH COMPARISON TO BUDGET FOR THE 1 MONTHS ENDING JANUARY 31, 2011 FREP FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT .00 .00 610,000.00 610,000.00 .0 .00 .00 50,000.00 50,000.00 .0 .00 .00 660,000.00 660,000.00 .0 .00 .00 660,000.00 660,000.00 .0 8 OF THE FISCAL YEAR HAS ELAPSED 02/15/2011 01:04PM PAGE: 17 TOWN OF FRASER EXPENSES TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 1 MONTHS ENDING JANUARY 31, 2011 FREP FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT 35 -50 -440 F/WP TRAIL LINK CONSTRUCTION .00 .00 260,000.00 260,000.00 .0 35 -50 -450 LIONS FISH PONDS IMPROVEMENTS .00 .00 400,000.00 400,000.00 .0 TOTAL TOWN OF FRASER EXPENSES .00 .00 660,000.00 660,000.00 .0 TOTAL FUND EXPENDITURES .00 .00 660,000.00 660,000.00 .0 NET REVENUE OVER EXPENDITURES .00 .00 .00 .00 .0 FOR ADMINISTRATION USE ONLY 8 OF THE FISCAL YEAR HAS ELAPSED 02/15/2011 01:04PM PAGE: 18 ASSETS TOWN OF FRASER BALANCE SHEET JANUARY 31, 2011 DEBT SERVICE FUND 40 -10100 CASH COMBINED FUND 679,457.20 40 -11100 PROPERTY TAXES RECEIVABLE 80,000.00 TOTAL ASSETS 759,457.20 LIABILITIES AND EQUITY LIABILITIES 40 -22210 DEFERRED PROPERTY TAXES TOTAL LIABILITIES FUND EQUITY 80,000.00 40 -27000 RESFUND BAL -1 YEARS PAYMENT 300,000.00 40 -27100 RESTRICTED FUND BALANCE 379,358.00 UNAPPROPRIATED FUND BALANCE: REVENUE OVER EXPENDITURES YTD 99.20 BALANCE CURRENT DATE TOTAL FUND EQUITY TOTAL LIABILITIES AND EQUITY FOR ADMINISTRATION USE ONLY 99.20 80,000.00 679,457.20 759,457.20 8 OF THE FISCAL YEAR HAS ELAPSED 02/15/2011 01:04PM PAGE: 19 REVENUE TOWN OF FRASER REVENUES WITH COMPARISON TO BUDGET FOR THE 1 MONTHS ENDING JANUARY 31, 2011 DEBT SERVICE FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT 40 -30 -100 PROPERTY TAX .00 .00 80,000.00 80,000.00 .0 40 -30 -200 SPECIFIC OWNERSHIP TAX .00 .00 4,000.00 4,000.00 .0 40 -30 -800 INTEREST EARNINGS 99.20 99.20 3,500.00 3,400.80 2.8 40 -30 -910 TRANSFER IN FROM GENERAL FUND .00 .00 247,250.00 247,250.00 .0 TOTAL REVENUE 99.20 99.20 334,750.00 334,650.80 .0 TOTAL FUND REVENUE 99.20 99.20 334,750.00 334,650.80 .0 FOR ADMINISTRATION USE ONLY 8 OF THE FISCAL YEAR HAS ELAPSED 02/15/2011 01:04PM PAGE: 20 EXPENDITURES TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 1 MONTHS ENDING JANUARY 31, 2011 DEBT SERVICE FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT 40 -40 -385 TREASURER'S FEES GO BOND .00 .00 2,000.00 2,000.00 .0 40 -40 -810 BOND PRINCIPAL 02 S &U ISSUE .00 .00 25,000.00 25,000.00 .0 40 -40 -811 BOND PRINCIPAL 98 GO ISSUE .00 .00 35,000.00 35,000.00 .0 40 -40 -812 BOND PRINCIPAL 98 S &U ISSUE .00 .00 140,000.00 140,000.00 .0 40 -40 -820 BOND INTEREST 02 S &U ISSUE .00 .00 15,856.00 15,856.00 .0 40 -40 -821 BOND INTEREST 98 GO ISSUE .00 .00 13,976.00 13,976.00 .0 40 -40 -822 BOND INTEREST 98 S &U ISSUE .00 .00 70,565.00 70,565.00 .0 40 -40 -850 BOND AGENT FEES .00 .00 2,500.00 2,500.00 .0 40 -40 -910 TRANSFER TO DSF RESERVES .00 .00 29,853.00 29,853.00 .0 TOTAL EXPENDITURES .00 .00 334,750.00 334,750.00 .0 TOTAL FUND EXPENDITURES .00 .00 334,750.00 334,750.00 .0 NET REVENUE OVER EXPENDITURES 99.20 99.20 .00 99.20) .0 FOR ADMINISTRATION USE ONLY 8 OF THE FISCAL YEAR HAS ELAPSED 02/15/2011 01:04PM PAGE: 21 ASSETS LIABILITIES AND EQUITY LIABILITIES 50 -20820 DUE TO WASTEWATER FUND 50 -21100 ACCRUED PTO AND BENEFITS 50 -22910 ROAD CUT SURITY FEES 50 -22920 BULK WATER SECURITY DEP FUND EQUITY BALANCE CURRENT DATE TOTAL FUND EQUITY TOTAL LIABILITIES AND EQUITY FOR ADMINISTRATION USE ONLY TOWN OF FRASER BALANCE SHEET JANUARY 31, 2011 WATER FUND 50 -10100 CASH COMBINED FUND 419,320.69 50 -11500 A/R CUSTOMER SERVICE CHARGES 22,326.46 50 -11540 A/R AUDIT 38,344.00 50 -11550 A/R BILLINGS 10,600.00 50 -11600 A/R FOX RUN -GRAND CO HOUSING 31,800.00 50 -16100 LAND 100,000.00 50 -16200 BUILDINGS 2,915,858.49 50 -16203 WELLS SYSTEM 768,371.74 50 -16212 WATER DISTRIBUTION /STORAGE 8,699,733.82 50 -16213 WELLS 1,063,119.43 50 -16400 EQUIPMENT 56,470.02 50 -16500 WATER RIGHTS 19,775.86 50 -17900 ACCUMULATED DEPRECIATION 2,340,672.67) TOTAL ASSETS 11,805,047.84 1,317.21 10,876.38 22,439.50 3,500.00 TOTAL LIABILITIES 38,133.09 50 -27000 RESFUND BAL 0 M 100,000.00 UNAPPROPRIATED FUND BALANCE: 50 -29800 RETAINED EARNINGS 11,688,081.34 REVENUE OVER EXPENDITURES -YTD 21,166.59) 11,666,914.75 11,766,914.75 11,805,047.84 8 OF THE FISCAL YEAR HAS ELAPSED 02/15/2011 01:04PM PAGE: 22 LICENSES PERMITS 50 -32 -100 EXCAVATION PERMIT FEES .00 .00 200.00 200.00 .0 TOTAL LICENSES PERMITS .00 .00 200.00 200.00 .0 CHARGES FOR SERVICES 50 -34 -100 CUSTOMER SERVICE CHARGES .00 .00 604,359.00 604,359.00 .0 50 -34 -150 PENALTIES INTEREST 875.50 875.50 1,000.00 124.50 87.6 50 -34 -200 PLANT INVESTMENT FEES .00 .00 8,000.00 8,000.00 .0 50 -34 -300 WATER METER SALES .00 .00 1,000.00 1,000.00 .0 TOTAL CHARGES FOR SERVICES 875.50 875.50 614,359.00 613,483.50 .1 MISCELLANEOUS REVENUE 50 -36 -100 INTEREST EARNINGS 45.79 45.79 1,000.00 954.21 4.6 50 -36 -900 MISCELLANEOUS REVENUE 70.00 70.00 5,000.00 4,930.00 1.4 TOTAL MISCELLANEOUS REVENUE 115.79 115.79 6,000.00 5,884.21 1.9 OTHER SOURCES TRANSFERS FOR ADMINISTRATION USE ONLY TOWN OF FRASER REVENUES WITH COMPARISON TO BUDGET FOR THE 1 MONTHS ENDING JANUARY 31, 2011 WATER FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT 50 -39 -999 CARRYOVER BALANCE .00 .00 299,665.00 299,665.00 .0 TOTAL OTHER SOURCES TRANSFERS .00 .00 299,665.00 299,665.00 .0 TOTAL FUND REVENUE 991.29 991.29 920,224.00 919,232.71 .1 8 OF THE FISCAL YEAR HAS ELAPSED 02/15/2011 01:04PM PAGE: 23 EXPENDITURES TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 1 MONTHS ENDING JANUARY 31, 2011 WATER FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT 50 -40 -110 SALARIES 14,632.59 14,632.59 199,500.00 184,867.41 7.3 50 -40 -210 HEALTH INSURANCE 2,849.98 2,849.98 44,800.00 41,950.02 6.4 50 -40 -220 FICA TAX 1,023.89 1,023.89 15,262.00 14,238.11 6.7 50 -40 -230 RETIREMENT 582.08 582.08 7,980.00 7,397.92 7.3 50 -40 -250 UNEMPLOYMENT TAX 43.94 43.94 599.00 555.06 7.3 50 -40 -280 TRAINING PROGRAMS 400.00 400.00 3,000.00 2,600.00 13.3 50 -40 -290 TRAVEL, MEALS AND LODGING .00 .00 3,000.00 3,000.00 .0 50 -40 -295 MEALS AND ENTERTAINMENT 10.11 10.11 2,000.00 1,989.89 .5 50 -40 -310 LEGAL FEES .00 .00 35,000.00 35,000.00 .0 50 -40 -330 ENGINEERING FEES .00 .00 40,000.00 40,000.00 .0 50 -40 -360 COMPUTERS NETWORKS AND SUPPORT 562.33 562.33 15,000.00 14,437.67 3.8 50 -40 -370 OTHER PROFESSIONAL SERVICES .00 .00 15,000.00 15,000.00 .0 50 -40 -430 INSURANCE .00 .00 20,000.00 20,000.00 .0 50 -40 -440 ADVERTISING .00 .00 500.00 500.00 .0 50 -40 -460 SYSTEM REPAIR AND MAINT PROD .00 .00 30,000.00 30,000.00 .0 50 -40 -465 SYSTEM REPAIR AND MAINT DIST .00 .00 30,000.00 30,000.00 .0 50 -40 -490 PROFESSIONAL MEMBERSHIPS 1,550.00 1,550.00 8,000.00 6,450.00 19.4 50 -40 -500 OPERATING SUPPLIES PRODUCTION .00 .00 30,000.00 30,000.00 .0 50 -40 -505 OPERATING SUPPLIES DISTRIB .00 .00 25,000.00 25,000.00 .0 50 -40 -510 EQUIPMENT PURCHASE AND REPAIR .00 .00 5,000.00 5,000.00 .0 50 -40 -520 TESTING .00 .00 3,000.00 3,000.00 .0 50 -40 -550 POSTAGE BILLING SUPPLIES 282.33 282.33 3,500.00 3,217.67 8.1 50 -40 -560 UTILITIES TELEPHONE 220.63 220.63 5,500.00 5,279.37 4.0 50 -40 -562 UTILITIES ELECTRICITY .00 .00 45,000.00 45,000.00 .0 50 -40 -670 PROP MGMT FRASER WTP .00 .00 6,000.00 6,000.00 .0 50 -40 -680 PROP MGMT MARYVALE WTP .00 .00 6,000.00 6,000.00 .0 50 -40 -690 MISCELLANEOUS EXPENSE .00 .00 1,000.00 1,000.00 .0 50 -40 -715 WATER RIGHTS DIVERSION DEV .00 .00 35,000.00 35,000.00 .0 50 -40 -730 CAPITAL PROJECTS .00 .00 100,000.00 100,000.00 .0 50 -40 -930 TRANSFER TO CERF .00 .00 10,000.00 10,000.00 .0 50 -40 -970 TRANSFER TO O &M RESERVES .00 .00 100,000.00 100,000.00 .0 TOTAL EXPENDITURES 22,157.88 22,157.88 844,641.00 822,483.12 2.6 TOTAL FUND EXPENDITURES 22,157.88 22,157.88 844,641.00 822,483.12 2.6 NET REVENUE OVER EXPENDITURES 21,166.59) 21,166.59) 75,583.00 96,749.59 28.0) FOR ADMINISTRATION USE ONLY 8 OF THE FISCAL YEAR HAS ELAPSED 02/15/2011 01:04PM PAGE: 24 ASSETS LIABILITIES AND EQUITY LIABILITIES FUND EQUITY BALANCE CURRENT DATE TOTAL FUND EQUITY TOTAL LIABILITIES AND EQUITY FOR ADMINISTRATION USE ONLY TOWN OF FRASER BALANCE SHEET JANUARY 31, 2011 WASTEWATER FUND 55 -10100 CASH COMBINED FUND 2,073,588.34 55 -10290 CASH WITH TREASURER 202.09 55 -11500 A/R CUSTOMER SERVICE CHARGES 21,532.85 55 -11900 MISCELLANEOUS RECEIVABLES 1,660.83 55 -13010 DUE FROM GENERAL FUND 6,034.00 55 -13050 DUE FROM WATER FUND 1,317.21 55 -13090 DUE FROM JFOC 4,201.44 55 -16100 LAND 144,320.40 55 -16200 SEWER TREATMENT PLANT 3,185,789.16 55 -16210 METER BUILDING IMPROVEMENTS 8,056.39 55 -16220 SEWER COLLECTION SYSTEM 10,032,670.80 55 -16250 CONSOLIDATED COLLECTION SYSTEM 279,069.00 55 -16400 EQUIPMENT 71,492.50 55 -17900 ACCUMULATED DEPRECIATION 474,498.72) 55 -17905 ACCUM DEPR PLANT /JFOC 31,394.44) 55 -17910 ACCUM DEPR SEWER COLLECT -FSD 1,901,999.35) 55 -17915 ACCUM DEPR- EQUIPMENT 67,691.81) TOTAL ASSETS 13,354,350.69 55 -20210 ACCRUED A/P AUDIT 3,767.50 55 -20810 DUE TO GENERAL FUND 4,000.00 TOTAL LIABILITIES 7,767.50 UNAPPROPRIATED FUND BALANCE: 55 -29800 RETAINED EARNINGS 13,361,640.66 REVENUE OVER EXPENDITURES YTD 15,057.47) 13,346,583.19 13,346,583.19 13,354,350.69 8 OF THE FISCAL YEAR HAS ELAPSED 02/15/2011 01:04PM PAGE: 25 CHARGES FOR SERVICES 55 -34 -100 CUSTOMER SERVICE CHARGES .00 .00 606,532.00 606,532.00 .0 55 -34 -150 PENALTIES INTEREST 858.95 858.95 1,000.00 141.05 85.9 55 -34 -200 PLANT INVESTMENT FEES .00 .00 15,000.00 15,000.00 .0 TOTAL CHARGES FOR SERVICES 858.95 MISCELLANEOUS REVENUE 55 -36 -100 INTEREST EARNINGS 303.33 303.33 4,000.00 3,696.67 7.6 55 -36 -500 JFOC MANAGEMENT FEE .00 .00 28,420.00 28,420.00 .0 55 -36 -900 MISCELLANEOUS REVENUE .00 .00 1,500.00 1,500.00 .0 TOTAL MISCELLANEOUS REVENUE 303.33 303.33 33,920.00 33,616.67 .9 OTHER SOURCES TRANSFERS TOWN OF FRASER REVENUES WITH COMPARISON TO BUDGET FOR THE 1 MONTHS ENDING JANUARY 31, 2011 WASTEWATER FUND 55 -39 -999 CARRYOVER BALANCE .00 .00 2,059,409.00 2,059,409.00 .0 TOTAL OTHER SOURCES TRANSFERS .00 .00 2,059,409.00 2,059,409.00 .0 TOTAL FUND REVENUE 1,162.28 FOR ADMINISTRATION USE ONLY PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT 858.95 622,532.00 621,673.05 .1 1,162.28 2,715,861.00 2,714,698.72 .0 8 OF THE FISCAL YEAR HAS ELAPSED 02/15/2011 01:04PM PAGE: 26 EXPENDITURES TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 1 MONTHS ENDING JANUARY 31, 2011 WASTEWATER FUND PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT 55 -40 -110 SALARIES 11,842.94 11,842.94 178,500.00 166,657.06 6.6 55 -40 -210 HEALTH INSURANCE 2,063.05 2,063.05 30,240.00 28,176.95 6.8 55 -40 -220 FICA TAX 845.16 845.16 13,655.00 12,809.84 6.2 55 -40 -230 RETIREMENT 466.18 466.18 7,140.00 6,673.82 6.5 55 -40 -250 UNEMPLOYMENT TAX 35.50 35.50 536.00 500.50 6.6 55 -40 -280 TRAINING PROGRAMS .00 .00 2,000.00 2,000.00 .0 55 -40 -290 TRAVEL, MEALS AND LODGING .00 .00 2,000.00 2,000.00 .0 55 -40 -295 MEALS AND ENTERTAINMENT 10.10 10.10 500.00 489.90 2.0 55 -40 -310 LEGAL FEES .00 .00 10,000.00 10,000.00 .0 55 -40 -330 ENGINEERING FEES .00 .00 20,000.00 20,000.00 .0 55 -40 -360 COMPUTERS NETWORKS AND SUPPORT 562.33 562.33 5,000.00 4,437.67 11.3 55 -40 -370 OTHER PROFESSIONAL SERVICES .00 .00 10,000.00 10,000.00 .0 55 -40 -410 BANK CHARGES .00 .00 100.00 100.00 .0 55 -40 -430 INSURANCE .00 .00 5,500.00 5,500.00 .0 55 -40 -440 ADVERTISING .00 .00 1,000.00 1,000.00 .0 55 -40 -460 SYSTEM REPAIR AND MAINT COLLEC .00 .00 20,000.00 20,000.00 .0 55 -40 -490 PROFESSIONAL MEMBERSHIPS 90.00 90.00 6,100.00 6,010.00 1.5 55 -40 -500 OPERATING SUPPLIES COLLECTIONS .00 .00 5,000.00 5,000.00 .0 55 -40 -510 EQUIPMENT PURCHASE AND REPAIR .00 .00 5,500.00 5,500.00 .0 55 -40 -520 TESTING .00 .00 1,000.00 1,000.00 .0 55 -40 -550 POSTAGE BILLING SUPPLIES 282.33 282.33 2,500.00 2,217.67 11.3 55 -40 -560 UTILITIES TELEPHONE 22.16 22.16 1,500.00 1,477.84 1.5 55 -40 -650 WW TREATMENT CHARGES /JFOC .00 .00 296,372.00 296,372.00 .0 55 -40 -660 JFOC CAPREPL RESERVE .00 .00 122,652.00 122,652.00 .0 55 -40 -690 MISCELLANEOUS EXPENSE .00 .00 3,000.00 3,000.00 .0 55 -40 -730 CAPITAL PROJECTS .00 .00 330,000.00 330,000.00 .0 55 -40 -930 TRANSFER TO CERF .00 .00 10,000.00 10,000.00 .0 TOTAL EXPENDITURES 16,219.75 16,219.75 1,089,795.00 1,073,575.25 1.5 TOTAL FUND EXPENDITURES 16,219.75 16,219.75 1,089,795.00 1,073,575.25 1.5 NET REVENUE OVER EXPENDITURES 15,057.47) 15,057.47) 1,626,066.00 1,641,123.47 .9) FOR ADMINISTRATION USE ONLY 8 OF THE FISCAL YEAR HAS ELAPSED 02/15/2011 01:04PM PAGE: 27 ASSETS 70 -10100 CASH COMBINED FUND 17,754.92 TOTAL ASSETS 17,754.92 LIABILITIES AND EQUITY FUND EQUITY UNAPPROPRIATED FUND BALANCE: 70 -29800 FUND BALANCE BEGINNING OF YR REVENUE OVER EXPENDITURES YTD BALANCE CURRENT DATE TOTAL FUND EQUITY TOTAL LIABILITIES AND EQUITY FOR ADMINISTRATION USE ONLY TOWN OF FRASER BALANCE SHEET JANUARY 31, 2011 PETERSEN TRUST 17, 752.06 2.86 17, 754.92 17, 754.92 17, 754.92 8 OF THE FISCAL YEAR HAS ELAPSED 02/15/2011 01:04PM PAGE: 28 REVENUE 70 -30 -800 INTEREST EARNINGS 70 -30 -999 CARRYOVER BALANCE TOTAL REVENUE TOTAL FUND REVENUE FOR ADMINISTRATION USE ONLY TOWN OF FRASER REVENUES WITH COMPARISON TO BUDGET FOR THE 1 MONTHS ENDING JANUARY 31, 2011 PETERSEN TRUST PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT 2.86 2.86 .00 2.86) .0 .00 .00 17,785.00 17,785.00 .0 2.86 2.86 17,785.00 17,782.14 .0 2.86 2.86 17,785.00 17,782.14 .0 8 OF THE FISCAL YEAR HAS ELAPSED 02/15/2011 01:04PM PAGE: 29 EXPENDITURES 70 -40 -670 PETERSEN TRUST EXP TRAIL TOTAL EXPENDITURES TOTAL FUND EXPENDITURES FOR ADMINISTRATION USE ONLY TOWN OF FRASER EXPENDITURES WITH COMPARISON TO BUDGET FOR THE 1 MONTHS ENDING JANUARY 31, 2011 PETERSEN TRUST PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT .00 .00 NET REVENUE OVER EXPENDITURES 2.86 .00 17,785.00 17,785.00 .0 .00 17,785.00 17,785.00 .0 .00 .00 17,785.00 17,785.00 .0 2.86 .00 2.86) .0 8 OF THE FISCAL YEAR HAS ELAPSED 02/15/2011 01:04PM PAGE: 30 ASSETS LIABILITIES AND EQUITY FUND EQUITY FOR ADMINISTRATION USE ONLY TOWN OF FRASER BALANCE SHEET JANUARY 31, 2011 GENERAL FIXED 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 UNAPPROPRIATED FUND BALANCE: 91 -29800 INVESTMENT IN FIXED ASSETS 4,088,206.74 BALANCE CURRENT DATE TOTAL FUND EQUITY TOTAL LIABILITIES AND EQUITY 4,088,206.74 4,088,206.74 4,088,206.74 8 OF THE FISCAL YEAR HAS ELAPSED 02/15/2011 01:04PM PAGE: 31 ASSETS LIABILITIES AND EQUITY LIABILITIES 95 -25050 2002 SERIAL BONDS 95 -25060 1998 REVENUE REFUNDING BONDS 95 -25070 1998 GENERAL OBLIGATION BONDS 95 -25200 ACCRUED COMPENSATED ABSENCES 95 -25500 CAPITAL LEASES KOMATSU LOADER FOR ADMINISTRATION USE ONLY TOWN OF FRASER BALANCE SHEET JANUARY 31, 2011 GENERAL LONG -TERM DEBT 95 -18100 AMOUNT TO BE PROVIDED 3,131,161.31 TOTAL ASSETS 3,131,161.31 360,000.00 2,035,000.00 475,000.00 15,677.17 245,484.14 TOTAL LIABILITIES 3,131,161.31 TOTAL LIABILITIES AND EQUITY 3,131,161.31 8 OF THE FISCAL YEAR HAS ELAPSED 02/15/2011 01:04PM PAGE: 32  PUBLIC WORKS BRIEFING (As of 2/25 for 3/2/2011 meeting) WATER~ Continue cross training PW staff to read water meters. Combining of two separate water system ID numbers was submitted to the CDPHE on December 2, 2010. Update: Still nothing new to report! Continue with implementation of SEMS program. Making progress with the development of our backflow prevention program. SANITARY SEWER~ Cure-In-Place-Pipe (CIPP) Slip lining project: On hold until spring weather is favorable! STREETS~ FVI - GP Drainage Issue: Update: Nada Continuing to haul in-town snow storage piles to off-site storage areas. PW has temporarily switched how they receive our Utility Locate tickets (UNCC) to an email based application. Pending the outcome of this method, we will most likely permanently switch to a web based Ticket Management System (WebTMS). Working with GP on filing 2 plat language re: sign & maintenance easements; snow maintenance agreement. Making some good progress. STREETSCAPES~ DEVELOPMENT~ Continue with construction and utility standards updates and consolidation of documents and drawings. Questions or Concerns? Email me: anordin@town.fraser.co.us Town of Fraser PO Box 370, Fraser, CO 80442 office 970-726-5491 fax 970-726-5518 www.frasercolorado.com