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HomeMy Public PortalAboutTBP 2013-12-11 _ r Ap- C O L O R A D O 2014 Budget Overview and Budget Message Introduction This Overview and Budget Message is provided as part of the Town of Fraser 2014 Budget. Like most resort municipalities in Colorado, the recession has challenged our ability to continue to provide essential services given the dramatic revenue declines we have experienced. However, the organization was pre-positioned for the recession via the financial strategies that were adopted after experiencing similar declines beginning in 2004 (after City Market opened in Granby) and has continued to perform well during the recession. Despite reduced revenues, increased levels of service, and significant capital projects; fund balance and reserves have been increased in the General Fund, the Water Fund, the Wastewater Fund, and the Capital Equipment Replacement Fund. Mayor Smith and the Board of Trustees have expressed a strong commitment to ensuring the fiscal sustainability of the organization. During the September and October of 2013, the entire Town Board met as the Budget Committee evaluating proposed expenditures, revenue trends, and the long term fiscal sustainability of the organization as we worked on the preliminary 2014 Budget. The 2014 Budget does include some deficit spending (defined as expenditures that exceed 2014 new revenues), but in 2012 the Town Board established a goal that such spending should not be relied on for operational purposes, and should only be considered for capital projects or emergency expenditures. This remains a foundation of our 2014 Budget. In general, the 2014 Budget is very similar to the 2013 Budget except for the following: • It provides for minor increased costs and expenditures across all Funds. • With the exception of water and sewer service fees, revenue projections are conservative and do not anticipate significant increases. • A $2,000,000 expenditure is proposed in the Capital Asset Fund for the Fraser US 40 Improvement Project (between Kings Crossing and the Fire Station). This expenditure would be matched by revenues from Grand Park, Rendezvous, and the Colorado Department of Transportation. • In 2013 voters overturned Town Board action approving an annexation agreement for Byers Peak Ranch. Despite disagreement regarding the merits and problems with the annexation, the Town of Fraser is lacking critical water infrastructure in the form of augmentation storage facilities. While further deliberations are necessary to redefine a course of action, the Water Fund is positioned to facilitate work on this matter. The Town Board has identified this as the top priority for 2014. • The Wastewater Fund is positioned to continue our efforts to identify and address sources of infiltration into the collections system. The Town Board identifies this as priority work given the potential for significant state required capital projects in the near future absent resolution of our major sources of infiltration. • The General Fund includes several new initiatives as outlined below. Page 1 of 15 In addition to the baseline services provided for in the 2014 Budget, the Town Board has proposed several new, restructured, and/or expanded initiatives. These include: General Fund. $95,000 for economic development programs; proposed programs include economic development planning, market analysis studies, streetscape enhancements, and an expanded business enhancement grant program (these will be subject to further Town Board programming and authorizations in 2014); $20,000 for environmental sustainability planning; this initiative begins with a comprehensive look at solid management programs, issues, and opportunities and is proposed to also include discussions on other matters that may provide more efficient operations that are also more environmentally sustainable (such as streetlight retrofits); $20,000 for community visioning; this program will build on recent efforts such as the Community Revitalization Program and the Chamber Branding Program with the intent of further defining our community character, strengths, and weaknesses; $100,000 for matching funds for an open space project (which would leverage additional grant funding toward a project up to $400,000); the specific project will be selected from a variety of proposed projects in 2014; $40,000 for enhanced digital records management; Additionally, the Town Board hopes to add a new community event in 2014. Capital Asset Fund $2,250,000 for the Fraser US Hwy 40 Enhancement project (signalization and capacity improvements at the south end of town which would be funded by Grand Park, Rendezvous, and CDOT); The 2013 fund balance in this Fund is being transferred into reserve in the General Fund such the Fund can be used for financial management of this significant project such that efficient and transparent accounting can be provided to all project partners. Water Fund $100,000 to initiative project planning for the Fraser Firming Project (augmentation storage facilities for the "North System/Blue Zone"); The initial phase of this work in 2014 will be alternative analysis and defining the scope and scale of the proposed project. It is expected that additional funding will be necessary before the implementation/construction phase (which will require additional funding in future years); this infrastructure project is necessary for sustainable water service to the North System/Blue Zone (whereas Rendezvous and Grand Park have constructed and financed such facilities for their developments pursuant to the requirements of those Annexation Agreements), accordingly the Town Board has established an additional fee Page 2of15 (the Fraser Firming Fee) which will be assessed to properties outside Rendezvous and Grand Park for this purpose; any revenues resulting from this fee not expensed in 2014 will be reserved for specifically for this project in future years; In addition to routine operations and maintenance, and capital projects, the Town Board is seeking to address insufficient reserves in the Fund which have resulted from years of water rates that were kept low via use of General Fund subsidies and use of Plant Investment Fees for operations (rather than being set aside for future capital projects). Accordingly, the Town Board has implemented an 8% base rate service fee increase. Wastewater Fund While the Wastewater Fund has much more substantial reserves than the Water Fund, it too faces significant financial liabilities in near term future including expansion of the capacity at the Wastewater Treatment Plant and additional treatment processes requiring significant capital expenditures. Infiltration of groundwater into the collection system poses a significant problem for treatment plant operations and compliance with our permit conditions, the most significant sources of this infiltration are manholes in need of repair and private service line deficiencies. In addition to routine operations and maintenance, and capital projects, the Town Board is seeking to enhance reserves and provide funds to continue progress toward addressing infiltration in the collections system, thus the Town Board has implemented an 8% base rate service fee increase. The baseline services provided for in the 2014 budget include: Public Works, including maintenance of streets, trails, and parks; Water production and distribution to Fraser residents and guests; Wastewater collections; Operation of the Upper Fraser Valley Wastewater Treatment Facility on behalf of the Town of Fraser, Winter Park Ranch Water and Sanitation District, and Grand County Water and Sanitation District #1; Administrative services including financial and records management, and general municipal administration; Community Development, including planning review of new development, long range strategic planning, and other planning and building services; and Provision of Law Enforcement (including municipal court and animal control) and Building Inspection Services via intergovernmental agreements with the Town of Winter Park. Page 3of15 Budget Process The budgeting process is continuous throughout the year, as we continually monitor revenues and expenses against the current adopted budget. Budget development for the following year begins mid-year in the offices of the Town Manager and Finance Director as trends are identified and work plans for the current year are evaluated. Around this time budget requests and proposals for the following year start to be identified and are submitted by department heads, the Town Board, and other outside entities. Formal discussions with the Town Board are typically initiated in August. The Town Board appoints a Budget Committee, which acts as a sub-committee of the Town Board to begin preparing the preliminary budget. In 2013 the entire Town Board participated in Budget Committee meetings. These are public meetings and are posted accordingly. In 2014, the Budget Committee met on August 201h and October 8th While only one public hearing is required, the Town of Fraser hosts three public hearings to ensure that the community has ample opportunity to engage in this process. In 2013, the Town Board conducted four hearings (November 6th, November 20th, December 4th, and December 11 th) Despite discussing the budget during numerous public meetings and encouraging the community to attend these meetings, turnout at these meetings is typically minimal. The lack of public participation is always disappointing as we believe the Town Budget is one of the most important matters considered by the Town Board that directly affects every resident, guest, business, and property owner within the community. Nonetheless, we are proud of the dedication and effort committed to this document on behalf of the community and its future. Page 4 of 15 Budget Basis The 2014 budget is presented and submitted in accordance with the laws of the State of Colorado and has been prepared using the Modified Accrual basis of accounting. Under this method, the focus is on current financial resource measurement whereby revenues are recognized when they become both measurable and available (except for unmarred interest on long-term debt which is recognized when due). Measurable means the amount of the transaction that can be determined and available means collectible within the current period or soon enough thereafter to be used to pay liabilities of the current period. The budgets for the enterprise funds are prepared using the accrual basis of accounting, meaning that revenues and expenses are recognized when they are earned or incurred. Funds The Town's Budget includes the following funds: the General Fund, Conservation Trust Fund. Debt Service Fund, the Capital Asset Fund. Capital Equipment Replacement Fund, the Petersen Trust Fund, the FREP Fund, the Water Fund, the Wastewater Fund, the Joint Facilities Fund O&M, and the Joint Facilities Fund CRR. 2014 Projected Revenues - By Funds including Transfers & Carryover Funds Joint Facilities Fund O&M Debt Service Wastewater Fund 8.05% Fund 21.93% 2.17% Water Fund Joint Facilities Fund 8.35% -CRR 15.82% j� Capital Asset Fund 14.76% General Fund 26.79% Capital Equip Replacement Fund 3.51% Conservation Trust Fund 0.04% Total 2014 Revenue $15,246,965 Page 5 of 15 As provided by the 2014 Budget, General Fund expenditures total $2,669,579 with $2,147,700 new revenues. These expenditure continue to provide all baseline health, safety and welfare services required by the Statutes and as directed by the Town Board. The proposed budget includes lease/purchase agreements as outlined in the attached supplemental lease/purchase information. The conservative revenue and expenditure projections provided within the 2014 Budget position the Town to remain fiscally sound through the near term despite economic conditions. Staff and the Budget Committee expect to continue to monitor revenues and are prepared to reconvene throughout 2014 as needed. It is the policy of the Town Board to avoid the use of reserves for operating expenses. The General Fund is reliant upon Sales Tax Revenues, as such economic development initiatives are of critical importance to the viability of the general services provided by the Town of Fraser. During times of significant new development, Use Tax Revenues can be significant, yet these one-time revenues cannot be relied upon for operations (they have been used to build reserves and for capital projects). While many Fraser property owners grumble when they receive their property tax bill, it is important to look at the breakdown of taxes. Of the total tax bill for a Fraser property owner, only 8.290 Mills are due to the Town of Fraser. General Fund Revenue $3,500,000 $3,000,000 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 — 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Sales Tax I Use Tax LJ Property Tax U Other Revenues Page 6 of 15 2014 Projected General Fund Revenues Charges for Licenses & Services Permits 0.23% 1.61% Other Taxes 2.52% Use Tax ` 4.67% Sales Tax �, Miscellaneous 77.01% Property Tax 4.50% 9.46% Between 1999 and 2003 General Fund Expenditures were markedly higher as a result of the Street Pavement Project. After completion of this project overall expenditures decreased, yet expenditures remained on an increasing trend as development was booming and the Town was growing and adding programs/services. In 2007/2008 expenditures peaked and thereafter the Budget message was "Shave everywhere you can, but don't panic, we've prepared for this and will weather the downturn with reserves we've built a result of new development." The slow recovery was met with efforts in 2011 and 2012 to improve our local business environment via special projects and programs. During 2014, the Town will continue with these efforts, but under much more conservative fiscal allocations. General Fund Expenditures $3,000,000 — $2,500,000 $2,000,000 $1,500,000 0 $1,000,000 $500,000 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Page 7of15 FELSBURG HOLT&ULLEVIG US 40/Ist Street Intersection-Long Term Future Conceptual Plan 1 December 21,2012 The Capital Asset Fund was created to provide for capital expenditures related to the Towns property assets including parks, buildings, and streets. In 2014, this Fund will be used for financial management of the Fraser US 40 Improvement Project. This project includes signalization and capacity improvements between Kings Crossing and the Fire Station as outlined on the conceptual plan above. The $2,000,000 project will be funded by Grand Park, Rendezvous, and the Colorado Department of Transportation. The Town of Fraser will manage the construction project. The FREP Fund (Fraser River Enhancement ° Project) was established for the administration - •_ of this complex project. Accurate tracking for project partners and to ensure reimbursement of grant expenses from Great Outdoors Colorado was important and provided by this fund. No new revenues or expenses are proposed within this fund, this fund is currently inactive. The Debt Service Fund tracks all revenues and expenditures related to Fraser's long- term debt, all of which paid for capital improvements throughout Town. New revenues in the fund are $330,623. Planned expenditures are $330,623 which leaves an estimated fund balance of$0. Page 8 of 15 New revenues in the Water Fund in 2014 are $835,280. Proposed expenditures for 2014 total $1,273,628. Despite fiscal challenges faced by both the Water and Wastewater funds, the Town Board elected to keep rates flat in 2012 due to concern with ratepayers financial strength. It was with regret that the Town Board increased customer's water/sewer bill by 8% in 2014, but given the challenges our utility faces and the many years of deferred maintenance, rate increases are an unfortunate inevitability. Utility Rate History $160 $140 $120 $100 $80 ♦ Water $60 Sewer $40 $20 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Local Area Residential Utility Rates $250.00 — $200.00 — $150.00 c 0 $100.00 a� 0_ 0 $50.00 CO Grand County#1 Winter Park Ranch Tabernash Town of Fraser Meadows Water Rate a Sewer Rate Rates based on a $300,000 Single Family Home with water usage of 4,000 gallons per month Page 9of15 The Wastewater Fund provides for revenues and expenditures related to collection and treatment of wastewater. New revenues are $719,056 with proposed 2014 expenditures of $725,493. The Petersen Trust Fund was established to administer $50,000 provided to the Town of Fraser by the Estate of Larry Petersen. Those funds have been dedicated to restoration of an historic fire engine (funded), flag poles at the ball fields (complete), dugouts at the Aksel Nielson Ball field (completed in 2006), improvements at the Historic Church (completed in 2007) and a trail extension to connect a regional trail into Town (completed in 2012). In 2012 this fund was fully expended. Larry Petersen Bequest ($50,000) Project Funding $30.000 $25,968 $25.000 $20.000 $15.000 $11,600 $10.000 $6,411 $5.000 $3,000 $3.351 EGFPD Historic Fire Fraser Ballfields Axel Nielsen Fraser Historic Petersen Bridge Truck Ballfields-dugouts Church/Community Center These funds were leveraged against additinal Town of Fraser. Fire District.FVMRD. Grand County, and HTA expenditures and in-kind services resulting in well over$150.000 in actual expenditures, and over$200.000 in improvements As a result of our work with the Joint Facilities Fund in 2010, we have established two additional new funds, the Joint Facilities Fund — O&M and the Joint Facilities Fund — CRR. These funds replace the Joint Facility Fund and allow the Town (acting as Manager of the Joint Facilities, operating the Upper Fraser Valley Wastewater Treatment Facility on behalf of the members of the Joint Facilities Agreement) to account for the revenues and expenditures in a manner that provides for effective tracking and cost sharing among the members. Revenues in the Joint Facilities Fund O&M for 2014 are projected at $1,010,525 with expenditures of$816,009. Revenues in the Joint Facilities Fund CRR are projected at $2,411,684 with expenditures of$532,000. Page 10 of 15 2014 Projected Expenditures - By Category All Funds Capital Expenditures 45.61% Salaries & Benefits 16.86% Local Government Shared Services 10.92% Utilities 1.41% Outside J Misc Operating Debt Services J Property Professional Expenditures 4.97% Management Services 6.09% Operating Materials 2.78% 8.39% 2.96% Total Expenditures $8,754,175 All Funds, includes carryover balances and transfers The Town of Fraser is dedicated to providing a high level of service to its customers in the most efficient, economical, and effective manner. Unlike many service providers, while our labor costs may seem high they do not encumber the majority of our expenditures and we are able to provide a higher level of service than comparable organizations. Page 11 of 15 2014 Budget Expendures - by Town Program Public Safety $412,080 Admin/General $740,491 Streets $527,438 General PW $306,965 Wastewater�. $989,493 Snow Mgmt $277,445 Water $1,218,053 Open Space/Gardens/Parks Trails $260,315 Economic Development $148,945 Public Transportation Special Events $50,000 $50,000 Page 12 of 15 Acknowledgements We thank all those who have been engaged in this process and those who will engage in 2014. Town Staff has worked hard to prepare a thorough budget document and will continue to work diligently toward a better future for the community. The dedication, commitment, and efforts of the entire Town Board throughout this effort are unprecedented. On behalf of the community, we express our thanks for all these efforts. Page 13 of 15 Supplemental Lease/Purchase Information (Required by C.R.S. 29-1-103 (d) (II)) General Fund FroDo Property Year Principal Interest Total 2014 - 2018 $106,294 $85,575 $191,869 2019 - 2023 $135,403 $56,466 $191,869 2024 - 2028 $153,298 $19,386 $172,684 Capital Equipment Replacement Fund Street Sweeper Year Principal Interest Purchase Price 2014 $40,938.26 $4,479.61 $130,319.30 2015 $42,014.94 $3,402.93 $87,846.65 2016 $43,119.93 $2,297.94 $44,414.11 2017 $44,254.00 $1,163.87 $0 Page 14 of 15 FRASER BOARD OF TRUSTEES MINUTES DATE: Wednesday, December 4, 2013 MEETING: Board of Trustees Regular Meeting PLACE: Fraser Town Hall Board Room PRESENT Board: Mayor Peggy Smith; Mayor Pro-Tem Steve Sumrall; Trustees; Philip Naill, Eileen Waldow, Vesta Shapiro, Cheri Sanders and Adam Cwiklin Staff: Town Manager Jeff Durbin; Town Clerk, Lu Berger; Finance Manager Nat Havens; Town Planner, Catherine Trotter; Police Chief, Glen Trainor, Others: See attached list Mayor Smith called the meeting to order at 7:15 p.m. 1. Workshop: 2014 Budget 2. Regular Meeting: Roll Call 3. Approval of Agenda: Trustee Shapiro moved, and Trustee Cwiklin seconded the motion to approve the Agenda. Motion carried: 7-0. 4. Consent Agenda: a) Minutes — November 20, 2013 Trustee Naill moved, and Trustee Shapiro seconded the motion to approve the consent agenda. Motion carried: 7-0. 5. Open Forum: Melanie Zwick stated she would like to see more information included in the minutes. 6. Updates: 7. Public Hearings: a) 2014 Budget Trustee Cwiklin moved, and Trustee Waldow seconded the motion to open the public hearing on Motion carried: 7-0. This was the third public hearing held by the Board. Page 2 of 2 Melanie Zwick had questions regarding what certain accounts fund and why some budget line items are increased. Jane Mather requested additional information and recommended the Board include the reasons for rate increases in the Budget Message. She also suggested that reserves should be used in lieu of rate increases. The Trustees discussed at length a potential increase in water and wastewater fees. A decision to raise the fees in both water and wastewater by 8% and add an additional fee to the water users in the North Zone to be used for the water firming project. Trustee Shapiro moved, and Trustee Naill seconded the motion to continue the public hearing on. Motion carried: 7-0. 8. Executive Session; Town Manager Evaluation: For discussion of a personnel matter under C.R.S. Section 24-6-402(4)(f)(1) and not involving any specific employees who have requested discussion of the matter in open session and to include TM Durbin. Trustee Sumrall moved, and Trustee Naill seconded the motion to enter into executive session. Motion carried: 7-0. Enter: 8:10 Exit: 11:15 Trustee Sumrall moved, and Trustee Shapiro seconded the motion to exit executive session. Motion carried: 7-0. Trustee Shapiro moved, and Trustee Waldow seconded the motion to appoint Jeffrey Durbin Town Manager in 2013 and authorize the Mayor to execute a contract. Motion carried: 7-0. 9. Community Reports: 10. Other Business: Trustee Cwiklin moved, and Trustee Sumrall seconded the motion to adjourn. Motion carried: 7-0. Meeting adjourned at 11:16 p.m. Lu Berger, Town Clerk TOWN OF FRASER RESOLUTION NO. 2013-12-01 A RESOLUTION AUTHORIZING ENTERING INTO A CONTRACT WITH FIRST TRANSIT, INC. FOR TRANSPORTATION SERVICES BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF FRASER, COLORADO THAT: 1. The Town Manager is hereby authorized to execute a contract with First Transit, Inc. for transportation services with a term to expire April 20, 2014. DULY MOVED, SECONDED, AND ADOPTED THIS 11th DAY OF DECEMBER, 2013. Votes in favor: _ BOARD OF TRUSTEES OF THE Votes opposed: _ TOWN OF FRASER, COLORADO Absent: _ Abstained: _ BY: Mayor ATTEST: (S E A L) Town Clerk TRANSPORTATION SERVICES AGREEMENT Town of Fraser This Agreement, entered into this 1st day of November 2013, by and between the Town of Fraser, Colorado, whose address for notices is Post Office Box 120, Fraser, Colorado 80442 ("Customer"), and First Transit, Inc., a Delaware corporation,whose address for notices is PO Box 166, Winter Park, CO 80482,ATTN.: Operations Manager("First Transit"). SECTION 1. SERVICES AND TERM 1.1 First Transit hereby agrees to provide transportation services as described in Exhibit A during the terms of this Agreement. All such services provided by First Transit shall comply with and be in accord with all requirements of any applicable municipal,state,and federal laws,ordinances,rules and regulations and the terms and conditions of this Agreement. 1.2 This Agreement shall commence and take effect on November 13, 2013, and end on or about April 20, 2014. The Agreement may be extended by mutual written approval by both parties. SECTION 2. ROUTES AND SCHEDULES 2.1 The schedules, routes and stops for the shuttle service as well as the period of time that the service will operate,shall be determined by the Customer and First Transit through mutual written agreement prior to the commencement of the ski season and may thereafter be revised from time to time through their prior written agreement. The schedules,routes and stops shall be established to provide service to the Town of Fraser and surrounding properties and attractions. SECTION 3. INSURANCE 3.1 First Transit agrees to maintain in full force and effect during the term of this Agreement,insurance policies providing the following minimum coverage amounts: a. Worker's Compensation- statutory required level b. Automobile liability- $15,000,000. (Combined Single Limit) The Customer shall be named as an additional insured and such coverage shall be evidenced by a certificate of insurance. SECTION 4. DISCLAIMER OF AGENCY AND INDEMNIFICATION 4.1 First Transit acknowledges that it is an independent contractor,and as such,is not and shall not be construed to be an agent or employee of Customer. First Transit further agrees to indemnify,hold harmless and defend Customer from and against any and all liability for loss, damage or expense which Customer suffers or for which Customer is held liable by reason of injury,including death,to any person or damage to any property arising out of First Transit's negligent or willful act or omissions in performing this Agreement.Nothing in this indemnity shall require First Transit to indemnify,hold harmless and defend Customer from any liability for loss, damage or expense that arises out of any negligence, willful acts or omissions of Customer, its agents, servants or employees. SECTION 5. VEHICLES 5.1 All vehicles shall be maintained in good repair and working order,and in a clean and sanitary condition. All vehicles shall be adequately heated and ventilated and shall be equipped with a first-aid kit,one bus will be equipped with an "ADA" lift. SECTION 6. CHARGES 6.1 The schedule of charges for the transportation services described in Exhibit A, are set forth in Exhibit B. 6.2 Any extra work performed during the holiday season(Thanksgiving,Christmas Week,New Year Eve,MLK Day,Presidents weekend and Spring Break)periods will be billed separate from the contract on a monthly basis. 6.3 The payment schedule based upon the anticipated service level of 1033.5 hours shall be as follows: Base Service January 1, 2014 $10,400.00 February 1, 2014 $10,400.00 March 1, 2014 $10,400.00 April 1, 2014 $10,400.00 April 22, 2014 $10,400.00 TOTAL $ 52,000.00 SECTION 7. MISCELLANEOUS PROVISIONS 7.1 Force Maieure. First Transit will incur no liability to Customer for failure to perform any obligation under this Agreement if prevented by a national emergency, wars, riots, fires, labor disputes, strikes, loss of transportation facility, federal, state or local laws, rules, regulations, shortages (local or national), or fuel allocation programs, or any other cause beyond First Transit's control whether existing now or hereafter. 7.2 Notices.All notices required or permitted by this Agreement shall be in writing and sent to the appropriate address shown on page 1 hereof or to such other address as either parry may be furnished to the other in writing. Such notices shall be either deposited,postage prepaid,in the registered or certified United States mail, return receipt requested, or sent prepaid via air courier service and shall be effective upon receipt. 7.3 Modification. No waivers, alterations, or modifications of this Agreement or any agreement in connection with it shall be valid unless in writing and duly executed by both First Transit and Customer or to such other address as either party may be furnished to the other in writing: First Transit, PO Box 166, Winter Park, CO 80482, ATTN.: Operations Manager with a copy to General Counsel, First Group America, 600 Vine Street, Suite 1400, Cincinnati, Ohio 45202. 7.4 Entire Agreement. This Agreement,including the Exhibits,constitutes the entire agreement between the parties and will supersede all previous negotiations and commitments whether written or oral. 7.5 Savings Clause. The form of this Agreement is intended for general use in the United States of America and in the event that any of the terms and provisions are in violation of any Federal, State or Local law shall be of no force and effect to the extent of such violation or prohibition, without invaliding the remaining terms and provisions of this Agreement. IN WITNESS WHEREOF,Customer and First Transit have caused this Agreement to be executed by their duly authorized representatives as of the day and year first above written. Witnessed: TOWN OF FRASER, a Colorado Municipal Corporation By: Title: Date: Attest: First Transit, Inc. By: Title: Region Vice President Date: EXHIBIT 'A' TO TRANSPORTATION SERVICES AGREEMENT Dated November 1, 2013 between the Town of Fraser(Customer), and First Transit, Inc. DESCRIPTION OF SERVICES First Transit will furnish transportation services for the guests and residents of the Meadow Ridge/Fraser area as desired by Customer. The defined service area shall be the existing, Meadow Ridge Purple to be known as the Meadow Ridge Express and night Purple routes as the Meadow Ridge night line and all areas within three-fourths(3/4)of a mile on either side of the route. Such service will be performed with the authority of the Town of Fraser and in accordance with the laws and regulations of the United States Department of Transportation, the State of Colorado and all political subdivisions thereof. In order to provide the subject service,First Transit will provide and furnish all proposed regular service and spare buses,drivers,management, administration, insurance, maintenance, fuel and payment of all applicable taxes and fees. In connection with its provision of transportation of services of the kind desired by the Customer,First Transit shall provide an adequate number of buses to perform the agreed upon routes with one bus being Lift Equipped. First Transit will run the white transit or school type bus for the operation of routes and schedules as mutually agreed upon by Customer and First Transit. One additional bus to service a route to be split with the Town of Winter Park will be provided also. Additional buses will be provided during holiday and busy seasons as directed by the Customer. All buses shall be equipped with such safety appliances and features as are required by the Colorado Public Utilities Commission, as well as with two-way radios which are compatible with, and of the same frequency as Channel transportation prim of the Winter Park Recreational Association's radio communication system. EXHIBIT 'B' TO TRANSPORTATION SERVICES AGREEMENT Dated November 13, 2013 between the Town of Fraser(Customer), and First Transit Inc. RATES The day/night shuttle transportation service shall be provided to the Town at the following rate: Flat rate charge per month listed in section 6.3: minimum of 1033.5 hours per season. TOWN OF FRASER RESOLUTION NO. 2013-12-02 A RESOLUTION ENTERING INTO A CONTRACT WITH NORTHWEST COLORADO COUNCIL OF GOVERNMENTS (NWCCOG) FOR GIS SERVICES BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF FRASER, COLORADO THAT: 1. That the Town Manager is hereby authorized to execute contract with Northwest Colorado Council of Governments (NWCCOG) for GIS Services with a term to expire December 31, 2014. DULY MOVED, SECONDED, AND ADOPTED THIS 11th DAY OF DECEMBER, 2013. Votes in favor: _ BOARD OF TRUSTEES OF THE Votes opposed: _ TOWN OF FRASER, COLORADO Absent: _ Abstained: BY: Mayor ATTEST: (S E A L) Town Clerk TOWN OF FRASER RESOLUTION NO. 2013-12-03 A RESOLUTION ENTERING INTO A CONTRACT WITH DOUBLE DIAMOND DATA, LLC. FOR COMPUTER SUPPORT BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF FRASER, COLORADO THAT: 1. That the Town Manager is hereby authorized to execute a contract with Double Diamond Data, LLC. for computer support with a term to expire December 31, 2014. DULY MOVED, SECONDED, AND ADOPTED THIS 11th DAY OF DECEMBER, 2013. Votes in favor: _ BOARD OF TRUSTEES OF THE Votes opposed: _ TOWN OF FRASER, COLORADO Absent: _ Abstained: BY: Mayor ATTEST: (S E A L) Town Clerk TOWN OF FRASER RESOLUTION NO. 2013-12-04 A RESOLUTION ENTERING INTO A CONTRACT WITH JRS ENGINEERING CONSULTANT, LLC. FOR ENGINEERING SERVICES BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF FRASER, COLORADO THAT: 1. That the Town Manager is hereby authorized to execute a contract with JRS Engineering Consultant LLC. for engineering services with a term to expire December 31, 2014. DULY MOVED, SECONDED, AND ADOPTED THIS 11th DAY OF DECEMBER, 2013. Votes in favor: _ BOARD OF TRUSTEES OF THE Votes opposed: _ TOWN OF FRASER, COLORADO Absent: _ Abstained: BY: Mayor ATTEST: (S E A L) Town Clerk TOWN OF FRASER RESOLUTION NO. 2013-12-05 A RESOLUTION ENTERING INTO A CONTRACT WITH McLAUGHLIN WATER ENGINEERS LTD. FOR ENGINEERING SERVICES BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF FRASER, COLORADO THAT: 1. That the Town Manager is hereby authorized to execute a contract with McLaughlin Water Engineers for engineering services with a term to expire December 31, 2014. DULY MOVED, SECONDED, AND ADOPTED THIS 11th DAY OF DECEMBER, 2013. Votes in favor: _ BOARD OF TRUSTEES OF THE Votes opposed: _ TOWN OF FRASER, COLORADO Absent: Abstained: _ BY: Mayor ATTEST: (S E A L) Town Clerk TOWN OF FRASER RESOLUTION NO. 2013-12-06 A RESOLUTION ENTERING INTO A CONTRACT WITH BROWN AND CALDWELL ENGINEERS FOR ENGINEERING SERVICES BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF FRASER, COLORADO THAT: 1. That the Town Manager is hereby authorized to execute a contract with Brown And Caldwell Engineers for engineering services with a term to expire December 31, 2014. DULY MOVED, SECONDED, AND ADOPTED THIS 11th DAY OF DECEMBER, 2013. Votes in favor: _ BOARD OF TRUSTEES OF THE Votes opposed: _ TOWN OF FRASER, COLORADO Absent: Abstained: _ BY: Mayor ATTEST: (S E A L) Town Clerk TOWN OF FRASER RESOLUTION NO. 2013-12-07 A RESOLUTION APPROVING A LEASE AGREEMENT WITH DALE BOOTH FOR THE PROPERTY LOCATED AT 105 FRASER AVENUE IN FRASER. NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF FRASER, COLORADO THAT: 1. That the Town Board of Fraser, Colorado hereby approves the attached lease agreement and authorizes the Town Manager to execute the lease agreement. 2. All documents must be executed within sixty days of the date of this Resolution or this approval shall no longer be effective. DULY MOVED, SECONDED, AND ADOPTED THIS 11th DAY OF DECEMBER, 2013. Votes in favor: _ BOARD OF TRUSTEES OF THE Votes opposed: _ TOWN OF FRASER, COLORADO Absent: _ Abstained: _ BY: Mayor ATTEST: (S E A L) Town Clerk TOWN OF FRASER RESOLUTION NO. 2013-12-08 A RESOLUTION APPROVING A LEASE AGREEMENT WITH FRASER VALLEY METROPOLITAN RECREATION DISTRICT FOR THE PROPERTY LOCATED AT 117 EISENHOWER IN FRASER. NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF FRASER, COLORADO THAT: 1. That the Town Board of Fraser, Colorado hereby approves the attached lease agreement and authorizes the Town Manager to execute the lease agreement. 2. All documents must be executed within sixty days of the date of this Resolution or this approval shall no longer be effective. DULY MOVED, SECONDED, AND ADOPTED THIS 11th DAY OF DECEMBER, 2013. Votes in favor: _ BOARD OF TRUSTEES OF THE Votes opposed: _ TOWN OF FRASER, COLORADO Absent: _ Abstained: _ BY: Mayor ATTEST: (S E A L) Town Clerk LEASE Historic Church and Program Building Lessor: The Town of Fraser Board of Trustees 153 Fraser Avenue P.O. Box 370 Fraser, Colorado 80442 Referred to as the "Town" or "Fraser" throughout this document. Lessee: Fraser Valley Metropolitan Recreation District P.O. Box 3348 Winter Park, CO 80482 726-8968 Referred to as FVMRD or "tenant" throughout this document. Premise: This lease provides for the exclusive use of that portion of the building located at 117 Eisenhower Ave commonly referred to as the modular addition. Collectively, the premise description is referred to as "the facility" or "the premise" in this document. Uses: FVMRD activities and classes. Terms: The initial term of the Lease commences January 1, 2014 and shall terminate on December 31, 2014. No Lease shall be valid for more than one (1) year unless approved by Town Ordinance. Rent of$0 monthly in accordance with the terms of the Intergovernmental Agreement between the Town of Fraser and the Fraser Valley Metropolitan Recreation District. This rent will be evaluated annually concurrent with annual updates to the Intergovernmental Agreement. FVMRD shall be responsible for its proportionate share of utility and cleaning costs for the building. Provisions: FVMRD shall be responsible for all damages to the facility and/or persons that are the result of FVMRD sponsored programs. Failure to keep the facility in a clean, orderly, and safe fashion may result in the Town initiating corrective actions (cleaning, repair, etc.) that will be charged against the lessee's damage deposit. Fraser shall be responsible for replacement or repair of all permanent fixtures in the building, including electrical, heating, landscaping, the roof structure, and plumbing. IN CONSIDERATION of the mutual promises contained herein and of the rents and other payments to be made by Tenant to the Town of Fraser, the parties hereto agree as follows: 1. The Town of Fraser hereby specifically states that this Lease is in the best interests of the municipality and this Lease is being made pursuant to the provisions of Title 31-15-713, Colorado Revised Statutes, 1973, as amended, and is subject to the provisions contained therein. 2. The Town of Fraser, by and through its Board of Trustees, hereby leases to designated Tenant the premises (being a certain described area located in the building on Lots 26 and 27, Block 8 First Addition to the Town of Fraser, County of Grand, State of Colorado), on the terms, conditions and provisions contained herein. 3. Subsequent to the initial term of the Lease as set forth herein, if Tenant shall remain in possession of the premises, without a written agreement for any extension, then such holding over shall be deemed and taken to be a holding upon a tenancy at will at a rental amount as herein provided, payable in advance on the same day of each month as herein provided, all other terms and conditions of this Lease remaining the same. Such tenancy at will may be terminated by either party having given five (5) days notice in writing of such termination notwithstanding that neither party may be in violation of any terms, provisions, conditions or rent payments provided herein. 5. Town's Warranties. A. Town warrants peaceful possession and uses set forth herein unto the Tenant of the premises. B. Town shall provide and pay for water, sewer, trash removal and snow plowing. C. Town shall make all repairs it deems necessary to the roof, structural portion of the building, exterior walls, parking lots, hallways, plumbing, electrical and heating systems, and other repairs not caused by Tenant's acts nor the acts of any of Tenant's guests, invitees, customers, employees or associates. 6. Tenant's Obligations. A. Tenant shall pay all rents provided for herein when due. B. Tenant has full legal right to enter into this Lease and to make the rental payments provided for in this Lease. C. Unless Tenant is specifically described as a corporation in this Lease, then the individuals signing hereby agree to be personally obligated under this Lease. Town shall not object to substitution of individuals, if Tenant is not a corporation, so as to release the original persons from individual liability as described herein. D. Not to sublease nor allow any other persons or organizations to use the premises, either temporarily or permanently. E. To hold Town harmless and free of any liability resulting from any personal injury or property damage which may result from any failure of plumbing, sewers, water line, theft of any of Tenant's property or valuable papers, damages caused by other Tenants or their guests, invitees, employees, associates or customers. F. To immediately repair or replace, without cost to Town, any damages caused by any of Tenant's guest, customers, invitees, employees, associates or others on the property, in the building or at the premises because of Tenant' use of the premises. G. To order no repairs or improvements to the expense of Fraser without first obtaining approval from the Town for any such repairs, replacements, improvements or alterations (including painting, wallpapering, carpeting, laying linoleum, installing curtain rods and curtains, drapery rods or drapes). All repairs and remodeling shall be to Town standards and approved by the Town. H. At the expiration and termination of this Lease, to surrender and deliver up said premises in as good order and condition as when the same were entered upon, ordinary wear and tear excepted. I. To use said premises for no purpose prohibited by the laws of the United States, State of Colorado, and the ordinances and regulations of the Town of Fraser. J. To neither permit nor suffer any disorderly conduct, noise, odors or nuisance whatsoever about said premises having a tendency to annoy or disturb any persons occupying adjacent premises. K. To neither permit nor suffer said premises, or the walls or floors thereof, to be endangered by overloading. L. No safe or article, the weight of which may constitute a hazard or danger to the building or its equipment, shall be moved onto the premises. M. Water closets, showers, sinks, tubs, and other water fixtures shall not be used for any purpose other than that for which the same are normally intended, and any damage resulting to the same from misuse on the part of the Tenant, its agents, employees, guests or invitees, shall be paid for by the Tenant. The tenant, its agents, employees, guests, or invitees shall not waste water by tying back or wedging the faucets, or in any other manner, except where posted to prevent freezing. N. To permit Town, or its designated agents, at any time, to enter upon and go through and view said premises. O. Not to use, store, carry or allow on the premises any oil, gas, inflammable liquids or other hazardous articles, nor any goods or do anything in or about said premises which will in any way tend to increase the insurance rates on said building. P. To pay all sales taxes, personal property taxes and all other taxes levied on the property or business of Tenants that are due from time to time. Q. To surrender and deliver up the possession of said premises promptly at the termination or expiration of this Lease. R. Not to mark upon, paint signs upon, cut, drill into, drive or use pneumatic or explosive devises to drive nails or screws into, or in any way deface the walls, ceilings, partitions or floors of the premises or property, including common areas of the building; and any defacement, damage or injury caused by the Tenant, guests, agents, employees or trespassers shall be paid for by Tenant. This clause shall not restrict Tenant from installing reasonable shelves or wall hangings required as ancillary to any lawful business of Tenant to the extent that such markings are reasonable and necessary. S. Not use any public or Town telephone for regular business usage nor for leaving of any messages for Tenant. If Tenant desires installation of its own telephone, such expense, including installation and regular charges, shall be paid by Tenant. T. Town will not be carrying insurance for, nor will it be responsible for, any loss, theft, damage, destruction or misuse of any of Tenant's personal property. U. Tenant shall carry its own insurance and indemnify the Town pursuant to C.R.S. 24- 10, as well as listing the Town as an "additionally insured" party on Tenant's policy. A certificate of insurance showing the same shall be provided to the Town upon signing this lease. V. To comply with any additional Rules and Regulations that the Town may adopt to facilitate the public safety, health and welfare in the management of said Community Building. W. Tenant shall make reasonable cleaning and organizing of the area as a courtesy to those who will also use the building. X. General janitorial maintenance of floors, walls, windows and doors in the building areas utilized by FVMRD shall be provided by FVMRD. Y. Tenant shall allow use of facility by Town as needed for meeting space and as long as the Town's use does not conflict with FVMRD scheduling. 7. Building Security Fraser and FVMRD recognize their responsibility and the importance of providing a safe, secure environment for their respective programs and missions. To this end, keeping the building safe and secure is a mutual goal of both parties and each agree to the following: A. FVMRD shall not install any different or additional locks on any doors or windows without first obtaining written consent of Town and delivery to the Town of a key for each such different of additional locks. The Town will not access the property without first providing reasonable notice, if possible. 8. Signs. Tenant shall be allowed to install appropriate signage to identify the location of Tenant's premises. However, such sign, and any exterior sign that the Town might permit, shall comply with Sign Ordinance and be approved by the Town prior to installation. Such approval may be withdrawn at a later date in order to make uniform the size, style, design, lettering or content of any signs that all Tenants in the building will be permitted to utilize. 9. Parking. A. Tenant, together with Tenant's employees, guests, and agents, may use the parking areas provided adjacent to the building. However, if town designates certain areas for other uses or for parking by town, Tenant or other Tenants, then Tenant hereby agrees to comply with such designation. B. No cars, trucks, materials or other articles or vehicles, shall be parked or stored on the property unless the Tenant is physically present in the building. No parking shall be permitted overnight nor on weekends. No Tenant shall store any equipment or other articles on any part of the property except for the designated premises. 9. Advertising. If Tenant does any advertising, then the Tenant shall designate the location of its premises as being in the Fraser Municipal Complex. 10. Assignment. A. Tenant shall not assign or transfer this Lease, or any part thereof. B. Tenant shall not sublease the premises or any part thereof. 11. Mechanics' Liens. Tenant shall not do or suffer anything to be done whereby the premises or any part of the property described in this Lease may be encumbered by a mechanic's or similar lien; and if, whenever, and as often as any mechanic's or any similar lien is created against the said premises or property, purporting to be for or on account of labor done or materials or services furnished in connection with any work in or about the premises or property, done by, for or under the authority of the Tenant, or anyone claiming by, through or under him, Tenant shall discharge the same and cause it to be released of record within ten (10) days after the date of filing. 12. Default and Attorney's Fees. A. If Tenant be in default of any provision or obligation contained herein, and such default is not corrected within five (5) days after receipt of written notice of default from Town at the address set forth herein, then Town shall have the right to terminate this Lease. Such termination shall be effectuated by Town sending a Notice to Vacate to Tenant at the address set forth herein, which termination shall be effective three (3) days after mailing of such Notice to Vacate. Upon such termination, Town may retake possession of the premises, change locks and retain possession of any of Tenant's personal property pursuant to its lien rights described herein. No such termination shall prevent Town from pursuing any legal remedies for collection of any sums due from Tenant under any provisions of this Lease. B. If any sums of money are due to Town or if Town is obligated to pay any debts of Tenant, then Town shall have a lien on any personal property of Tenant located on such premises, whether or not this Lease has been terminated. In such case, Town shall have the right to retain exclusive possession of the personal property and to sell the same at public auction after sixty (60) days subsequent to date of possession, if such sums due from Tenant are not paid within sixty (60) days. C. Tenant shall pay all reasonable attorney's fees and court costs of Town if Town hires an attorney on account of breach by Tenant of any terms of this Lease, whether or not this Lease is terminated as a result of such breach, or if Town institutes litigation against Tenant for unlawful detainer, or if Town is made a party to any litigation instituted by a third person, relating to these premises leased to Tenant, wherein Town is not at fault. Such reasonable attorney's fees and costs incurred by Tenant shall be paid by Tenant whether or not any such litigation is prosecuted to judgment or is settled. Dated: December 12, 2013. TOWN OF FRASER A Municipal Corporation By: Jeffrey L. Durbin, Town Manager ATTEST: By: Lu Berger, Town Clerk TENANT By: Scott Ledin, Director of Parks and Recreation STATE OF COLORADO ) ss. COUNTY OF GRAND ) Subscribed and sworn to (affirmed) before me this day of 2013, by Notary Public My commission expires: [SEAL ] TOWN OF FRASER RESOLUTION NO. 2013-12-09 A RESOLUTION APPROVING A LICENSE AGREEMENT WHICH PERMITS AN OFF- PREMISE SIGN, WITH CONDITIONS, WITH THE OWNERS OF SHARKY'S EATERY, LOCATED AT 221 DOC SUSIE AVENUE IN FRASER. NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF FRASER, COLORADO THAT: 1. That the Town Board of Fraser, Colorado hereby approves the attached license agreement and authorizes the Town Manager to execute the license agreement. 2. All documents must be executed within sixty days of the date of this Resolution or this approval shall no longer be effective. READ, PASSED AND ADOPTED BY THE BOARD OF TRUSTEES THIS 11th DAY OF DECEMBER, 2013. Votes in favor: _ BOARD OF TRUSTEES OF THE Votes opposed: _ TOWN OF FRASER, COLORADO Absent: _ Abstained: _ BY: Mayor ATTEST: (S E A L) Town Clerk C OIL OR A I] O LICENSE AGREEMENT THIS LICENSE AGREEMENT ("Agreement") is made and entered into on December 12, 2013, by and between THE TOWN OF FRASER, COLORADO, a municipal corporation of the State of Colorado (the "TOWN") and Kaydee Fisher and Veronica Callinan, owners of Sharky's Eatery ("LICENSEE"), located at 221 Doc Susie Avenue in Fraser. This agreement is effective upon execution of the LICENSEE and following execution by the Mayor of the Town of Fraser on the date indicated below. ARTICLE 1.0— RECITALS AND PURPOSE. 1_1 The TOWN is the owner of certain property, commonly known as the Mustang property; more legally described as Lots 17-19, Block 5, Town of Eastom AKA Town of Fraser ("TOWN property"). 1.2 LICENSEE has requested permission to place an off-premises sign on said TOWN property. 1.3 In accordance with the Fraser Municipal Code Section 16-10-330, "Off- premises signs may be permitted if the business street frontage is not on US 40. Property owner permission is required and off-premises signs must be approved by the Board of Trustees on a case-by-case basis." 1_4 The TOWN is willing to grant a revocable license to the LICENSEE under the terms and conditions as hereinafter specified in this Agreement. ARTICLE 2.0 —TERMS AND CONDITIONS. In consideration of the TOWN'S agreement to permit the LICENSEE to place an off-premises sign upon the TOWN'S property, and in consideration of the Fraser Municipal Code, TOWN and LICENSEE agree as follows: 2_1 TOWN hereby grants to the LICENSEE a revocable license to place an off-premises sign on said TOWN property with such limitations as are set forth herein, including, but not limited to: a. The one sign allowed by this Agreement shall be constructed, installed, placed, kept and repaired at LICENSEE'S sole expense and LICENSEE agrees to maintain said sign in good repair during the period of this Agreement. In addition, the location of the one sign shall conform to the attached site plan on Exhibit A. The sign shall be centered between the back of the bus stop sign post and edge of parking lot asphalt. Town of Fraser PO Box 370,Fraser,CO 80442 office 970-726-5491 fax 970-726-5518 www.frasercolorado.com b. LICENSEE understands and agrees that the TOWN shall not be liable or responsible for any costs related to any damage, maintenance, repair, or removal of the one sign pursuant to this Agreement. C. LICENSEE shall apply for a sign permit and pay the applicable fee. d. LICENSEE shall remove the existing freestanding "restaurant" sign within 45 days of execution of this AGREEMENT. 2_2 The license as granted in paragraph 2.1 above shall continue from the date of this Agreement to the time that this Agreement is terminated. The TOWN may terminate this Agreement at any time by giving forty-eight (48) hours notice in advance of the effective date of termination and specifying the date of termination therein and, in the event the TOWN exercises said right to terminate, LICENSEE expressly agrees to remove the sign from the TOWN'S property by the effective date of termination and return such property to its original condition as promptly thereafter as is reasonably possible. This license shall automatically renew each calendar year unless there is a change in ownership. 2_3 LICENSEE expressly agrees to indemnify and hold harmless the TOWN and any of its officers or employees from any and all claims, damages, liability, or court awards, including costs and attorney's fees that are or may be awarded as a result of any loss, injury or damage sustained or claimed to have been sustained by anyone, including, but not limited to, any person, firm, partnership, or corporation, in connection with, arising out of, or relating to the issuance of this license. 2.4 LICENSEE agrees to name the TOWN as an additional insured on their insurance policy and provide written verification of same to the TOWN. 2_5 The TOWN does not waive, nor shall anything herein be construed as a waiver of, any of the rights, privileges, or immunities granted to it under the Colorado Governmental Immunity Act, Section 24-10-101 et seg., C.R.S., as amended. 2_6 LICENSEE agrees to repair and reconstruct any damage to the TOWN"S property prior to or immediately upon termination of this Agreement for any reason and return such property to its original condition at the expense of LICENSEE and at no expense to the TOWN. ARTICLE 3.0—ASSIGNMENT. This Agreement shall not be assigned by LICENSEE without the prior written consent of the TOWN which may withhold its consent for any reason. ARTICLE 4.0— EXHIBITS. All exhibits referred to in this Agreement are, by reference, incorporated herein for all purposes. Town of Fraser PO Box 370,Fraser,CO 80442 office 970-726-5491 fax 970-726-5518 www.frasercolorado.com ARTICLE 5.0 — INTEGRATION AND AMENDMENT. This Agreement represents the entire Agreement between the parties and there are no oral or collateral agreements or understandings. This Agreement may be amended only by an instrument in writing signed by the parties. If any other provision of this Agreement is held invalid or unenforceable, no other provision shall be affected by such holding, and all of the remaining provisions of this Agreement shall continue in full force and effect. ARTICLE 6.0 — NO THIRD PARTY BENEFICIARIES. It is expressly understood and agreed that enforcement of the terms and conditions of this Agreement , and all rights of action relating to such enforcement, shall be strictly reserved to the TOWN and the LICENSEE, and nothing contained in this Agreement shall give or allow any such claim or right of action by any third party on such Agreement. TOWN OF FRASER A Municipal Corporation By: Jeffrey L. Durbin, Town Manager ATTEST: By: Lu Berger, Town Clerk LICENSEE By: Veronica Gould By: Kaydee Fisher STATE OF COLORADO ) ss. COUNTY OF GRAND ) Subscribed and sworn to (affirmed) before me this day of 2013, by & Notary Public My commission expires: [ SEAL ] Town of Fraser PO Box 370,Fraser,CO 80442 office 970-726-5491 fax 970-726-5518 www.frasercolorado.com s o � °v of -r�r 1 i M LPa I i �UA •® i t VII 3K-S tv ,� � a � � TOWN OF FRASER RESOLUTION NO. 2013-12-10 A RESOLUTION APPROVING A REVOCABLE LICENSE AGREEMENT WITH RENDEZVOUS COLORADO, LLC. PERMITING 2 SHEDS OWNED BY RENDEZVOUS COLORADO, LLC. TO REMAIN ON TOWN PROPERTY AND ALLOWING THE TOWN TO CONDUCT RANDOM INSPECTIONS OF THE CONTENT OF THE SHEDS NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF FRASER, COLORADO THAT: 1. That the Town Board of Fraser, Colorado hereby approves the attached license agreement and authorizes the Town Manager to execute the license agreement. 2. All documents must be executed within sixty days of the date of this Resolution or this approval shall no longer be effective. READ, PASSED ON ROLL CALL VOTE, AND ADOPTED BY THE BOARD OF TRUSTEES THIS 11th DAY OF DECEMBER, 2013. Votes in favor: _ BOARD OF TRUSTEES OF THE Votes opposed: _ TOWN OF FRASER, COLORADO Absent: _ Abstained: _ BY: Mayor ATTEST: (S E A L) Town Clerk X � - C O L O R A D O LICENSE AGREEMENT THIS LICENSE AGREEMENT ("Agreement") is made and entered into on December 12, 2013, by and between THE TOWN OF FRASER, COLORADO, a municipal corporation, P.O. Box 370, Fraser, CO. 80442 (the "TOWN") and Rendezvous Colorado, LLC, P.O. Box 149, Winter Park, CO. 80482 ("LICENSEE"). This agreement is effective upon execution of the LICENSEE and following execution by the Manager of the Town of Fraser on the date indicated below. ARTICLE 1.0— RECITALS AND PURPOSE. 1_1 The TOWN is the owner of a certain 15,989 square foot parcel of property known as Well Site No.5 and legally described in Exhibit A ("TOWN property"). 1_2 LICENSEE has inadvertently erected 2 (two) storage sheds with concrete pads on said TOWN property. 1_3 LICENSEE has requested, and the Town has agreed to grant a revocable license to the LICENSEE under the terms and conditions as hereinafter specified in this Agreement. ARTICLE 2.0 —TERMS AND CONDITIONS. In consideration of the TOWN'S agreement to permit the LICENSEE to leave the two (2) existing storage sheds with concrete pads on said TOWN property, TOWN and LICENSEE agree as follows: 2.1 TOWN hereby grants to the LICENSEE a revocable license to leave in place the two (2) existing storage sheds with concrete pads on said TOWN property with such limitations as are set forth herein, including, but not limited to: a. LICENSEE shall perform best management practices so as not to engage in any activity which creates a foreseeable risk of damage or injury to the Town's drinking water supply as outlined in the Town of Fraser Municipal Code, Article 3; Water Supply Protection District, Sections 13-3-10 through 13-3-90. b. The maintenance and repair of the 2 (two) existing storage sheds allowed by this Agreement shall be at LICENSEE'S sole expense and LICENSEE agrees to maintain said storage sheds in good repair during the period of this Agreement. In addition, the location of the two (2) storage sheds shall remain in the existing locations as depicted on the attached Exhibit B. Town of Fraser PO Box 370,Fraser,CO 80442 office 970-726-5491 fax 970-726-5518 www.frasercolorado.com C. LICENSEE understands and agrees that the TOWN shall not be liable or responsible for any costs related to any damage, maintenance and/or repair of the two (2) storage sheds pursuant to this Agreement. 2_2 The license as granted in paragraph 2.1 above shall continue from the date of this Agreement to the time that this Agreement is terminated. The TOWN may terminate this Agreement at any time by giving thirty (30) days written notice in advance of the effective date of termination and specifying the date of termination therein and, in the event the TOWN exercises said right to terminate, LICENSEE expressly agrees to remove the storage sheds from the TOWN'S property by the effective date of termination and return such property to its original condition as promptly thereafter as is reasonably possible. This license shall automatically renew each calendar year unless there is a change in ownership. 2_3 LICENSEE expressly agrees to indemnify and hold harmless the TOWN and any of its officers or employees from any and all claims, damages, liability, or court awards, including costs and attorney's fees that are or may be awarded as a result of any loss, injury or damage sustained or claimed to have been sustained by anyone, including, but not limited to, any person, firm, partnership, or corporation, in connection with, arising out of, or relating to the issuance of this license. 2.4 LICENSEE agrees to name the TOWN as an additional insured on their insurance policy and provide written verification of same to the TOWN. 2_5 The TOWN does not waive, nor shall anything herein be construed as a waiver of, any of the rights, privileges, or immunities granted to it under the Colorado Governmental Immunity Act, Section 24-10-101 et seg., C.R.S., as amended. 2_6 LICENSEE agrees to repair and reconstruct any damage to the TOWN"S property prior to or immediately upon termination of this Agreement for any reason and return such property to its original condition at the expense of LICENSEE and at no expense to the TOWN. ARTICLE 3.0—ASSIGNMENT. This Agreement shall not be assigned by LICENSEE without the prior written consent of the TOWN which may withhold its consent for any reason. ARTICLE 4.0— EXHIBITS. All exhibits referred to in this Agreement are, by reference, incorporated herein for all purposes. ARTICLE 5.0 — INTEGRATION AND AMENDMENT. This Agreement represents the entire Agreement between the parties and there are no oral or collateral agreements or understandings. This Agreement may be amended only by an instrument in writing signed by the parties. If any other provision of this Agreement is held invalid or Town of Fraser PO Box 370,Fraser,CO 80442 office 970-726-5491 fax 970-726-5518 www.frasercolorado.com unenforceable, no other provision shall be affected by such holding, and all of the remaining provisions of this Agreement shall continue in full force and effect. ARTICLE 6.0 — NO THIRD PARTY BENEFICIARIES. It is expressly understood and agreed that enforcement of the terms and conditions of this Agreement , and all rights of action relating to such enforcement, shall be strictly reserved to the TOWN and the LICENSEE, and nothing contained in this Agreement shall give or allow any such claim or right of action by any third party on such Agreement. TOWN OF FRASER A Municipal Corporation By: Jeffrey L. Durbin, Town Manager ATTEST: By: Lu Berger, Town Clerk LICENSEE By: Terry Stanford, Rendezvous Colorado, LLC. STATE OF COLORADO ) ss. COUNTY OF GRAND ) Subscribed and sworn to (affirmed) before me this day of 2013, by Notary Public My commission expires: [ SEAL ] Town of Fraser PO Box 370,Fraser,CO 80442 office 970-726-5491 fax 970-726-5518 www.frasercolorado.com TOWN OF FRASER RESOLUTION NO. 2013-12-11 A RESOLUTION AUTHORIZING THE TOWN MANAGER TO LEASE AGREEMENT THE PROPERTY LOCATED AT 200 EISENHOWER IN FRASER. NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF FRASER, COLORADO THAT: 1. That the Town Board of Fraser, Colorado hereby authorizes the Town Manager to execute a lease agreement for 200 Eisenhower contingent on payment of any outstanding fees. DULY MOVED, SECONDED, AND ADOPTED THIS 11th DAY OF DECEMBER, 2013. Votes in favor: _ BOARD OF TRUSTEES OF THE Votes opposed: _ TOWN OF FRASER, COLORADO Absent: _ Abstained: _ BY: Mayor ATTEST: (S E A L) Town Clerk LEASE AGREEMENT THIS AGREEMENT is made and entered into December 12, 2013, by and between THE TOWN OF FRASER, COLORADO, a municipal corporation of the State of Colorado ("Landlord"), and Ilizabeth Adelman ("Tenant"). ARTICLE 1.0 - RECITALS AND PURPOSE 1_1 Landlord is the owner of the building located at 200 Eisenhower, situated in the Town of Fraser, County of Grand, State of Colorado. 1_2 Tenant desires to lease the property in order to operate a service business. 1.3 Landlord has determined that the property is not currently needed for the Landlord's purposes, and that the leasing of said premises to Tenant would serve a valid public purpose by putting a vacant property into productive use and contributing to the local economy. 1_4 Landlord and Tenant desire to confirm their understanding and agreement concerning said lease, all as more fully provided herein below. NOW THEREFORE, in consideration of the premises and the mutual promises and covenants set forth herein, the parties agree as follows: ARTICLE 2.0 - DEMISE 2.1 For and in consideration of the performance of the covenants and agreements herein contained to be kept and performed by Tenant, Landlord hereby leases to Tenant and Tenant hereby leases from Landlord the 200 Eisenhower, subject to all land use and building and zoning codes, resolutions and regulations; and subject to all reservations, exceptions, restrictions, covenants and easements of record or visible. 2_2 During the term of this lease, Tenant shall also have the right to use the parking area adjacent thereto. 2_3 Tenant agrees to accept the facility "as is"; and Landlord makes no warranty or representation, express or implied, with respect to the merchantability, condition, quality, design, operation, fitness for a particular purpose, or workmanship of the property, in any respect whatsoever. ARTICLE 3.0 - TERM 3_1 The term of this Lease shall commence January 1, 2014 ending at midnight on December 31, 2014. 3_2 This Lease may be renewed or extended for an additional term upon mutual agreement of the parties and upon such terms and conditions as may then be agreed upon. Any such renewal or extension of this Lease shall be evidenced only by a writing signed by both Landlord and Tenant. ARTICLE 4.0 - RENT/SERVICES; SECURITY DEPOSIT 4_1 Rental for the full Term of$4,500 along with water and sewer service fees of$1,219, shall be paid in monthly installment of$476.58 payable in advance, on or before twelve o'clock noon on the first day of each calendar month during the term of this Lease at the office of the Landlord at 153 Fraser Avenue, Fraser, Colorado, without notice ("Rent"). The first payment shall be due January 1, 2014. 4.2 Tenant shall provide a security deposit in the amount of$750 as condition of this lease. ARTICLE 5.0 - USE OF PREMISES; RESERVATIONS BY LANDLORD 5_1 Tenant may occupy and use the property for the operation of a Hair Salon and related activities. No other uses shall be permitted without the written consent of Landlord. 5.2 Landlord reserves the right to enter upon the property at any reasonable time to inspect the premises, to show them to prospective purchasers or tenants, or for any other purpose deemed appropriate by Landlord, so long as the exercise of such right of entry does not unreasonably interfere with Tenant's use of the property. ARTICLE 6.0 - PROTECTION OF PROPERTY, ALTERATIONS, MAINTENANCE AND UTILITIES 6_1 Tenant covenants and agrees: 6.1.1 Not to commit or permit the commission by others of any waste upon the premises; and 6.1.2 Not to remove or allow any other person to remove any improvements or fixtures of any kind without Landlord's prior written consent. 6.2 Tenant may install improvements upon the property only upon written consent of the Landlord. At the time of execution of the lease, Landlord approves the following improvements: installation of a rustic wood/rubber floor, a new window in the north wall, a new south door, a storm door on the north door, an in-floor sink, and a front porch light and indoor track lighting. Before commencing any additional improvements, Tenant shall submit the plans for any alterations, showing the design proposed, and Landlord's written approval of such plans shall be required before Tenant proceeds with the proposed alterations. Landlord agrees not to unreasonably withhold approval of such plans, but may require reasonable changes therein. As a condition of approval of such plans, Landlord may require Tenant to post a security deposit, in such amount as may be deemed appropriate by Landlord, to secure Tenant's obligation to remove any such partitions or other alterations and restoration of the premises upon termination of this Lease. Such security deposit shall be in addition to any other deposit required from Tenant pursuant to this Lease. -2- 6_3 Subject to Landlord's written approval, Tenant may erect appropriate signs to advertise its business; provided that any such signage must comply with the Fraser Sign Code. Prior to installation, Tenant shall submit the proposed sign design, including layout, materials and location, for Landlord's approval along with an appropriate Sign Permit Application, and Landlord shall respond in writing within 30 days. 6_4 Except as provided in Sections 6.2 and 6.3, Tenant shall not make any other material alterations or improvements to the property without Landlord's prior written consent. Any permanent improvements made to the property by Tenant during the lease term, except for movable trade fixtures installed by Tenant, shall be deemed a part of the real estate and, at the election of the Landlord, shall remain a part of the property at the expiration or termination of this Lease. If requested by Landlord following the expiration or termination of this Lease, Tenant shall promptly remove any improvements installed by Tenant and shall restore the Property to the condition it was in upon the commencement of this Lease. Tenant shall remove all of Tenant's personal property and any movable trade fixtures installed by Tenant at the expiration or termination of this Lease and shall promptly repair any damage caused by such removal. Tenant shall promptly pay for any work done or materials furnished on or about the property at Tenant's instance and shall indemnify Landlord from and against any claims relating to such work. 6_5 Landlord shall be responsible for the following maintenance and utilities, at Landlord's expense, except for any maintenance or repair required due to misuse or negligence by Tenant or its employees, which shall be the responsibility of Tenant: 6.5.1 Exterior building maintenance, including painting or staining, and any structural repairs, as deemed necessary by Landlord; 6.5.2 Any necessary maintenance and repair of the water and sewer service lines to the Property. This does not include frozen or obstructed service lines resulting from Tenant's use of the property. 6_6 Tenant shall be responsible for payment of all utility services to the property and for providing all maintenance and repairs necessary to keep the facility and all fixtures and improvements therein in a condition as good as at the time Tenant took possession, ordinary wear and tear excepted. This obligation includes necessary maintenance and repairs of utility systems, such as heating and plumbing fixtures. ARTICLE 7.0 - TAXES, INSURANCE AND INDEMNIFICATION 7_1 Tenant shall pay any and all personal property, sales, use, withholding and other taxes with respect to Tenant's personal property and its operations at the property. 7_2 Landlord may, at its option and expense, maintain general hazard insurance upon the property during the lease term. Tenant understands that any such insurance maintained by Landlord will not cover any of Tenant's equipment, trade fixtures or other personal property on the premises or any interruption of Tenant's business; and in the event Tenant desires such insurance coverage, it shall obtain it at its own expense. -3- 7.3 Tenant agrees to indemnify and hold harmless Landlord, its officers, employees, insurers and/or self-insurance pools, from and against all liabilities, losses, claims, demands, damages and expenses, including reasonable attorney fees, incurred or suffered by Landlord as a result of: (a) failure by Tenant to perform any covenant required to be performed by Tenant hereunder; (b) any accident, injury, or damage caused by, resulting from, arising out of or in any manner connected with the use of the property; and (c) failure by Tenant to comply with any requirement of any governmental authority. 7_4 Tenant agrees to obtain and keep in force, at Tenant's expense, during the entire term of this Lease, such liability insurance as will fully protect Tenant from claims under Worker's Compensation and other employee benefit laws for bodily injury and death and for property damage that may arise out of Tenant's operations in the property. Tenant shall also maintain, at its expense, a policy of comprehensive general public liability and property damage insurance, providing coverage of both Tenant and Landlord for claims for damages for bodily injury, including wrongful death, as well as claims for property damages, which may arise from the ownership, maintenance, use or operation of the property, whether or not the foregoing described uses and activities be by Tenant or by anyone directly or indirectly employed by Tenant. Such insurance shall be maintained in amounts of not less than $150,000.00 for injury to one person in any single occurrence and not less than $600,000.00 for injury to two or more persons in any single occurrence, or such larger amounts as correspond with the recovery limits applicable to governmental entities under C.R.S. 24-10-114(1) as the same may be from time to time amended. The policy shall be endorsed to include Landlord as an additional insured and to provide that the coverage afforded under the policy shall not be canceled, terminated or materially changed until at least thirty (30) days prior written notice has been give to Landlord. Such coverage shall be primary insurance, and any insurance carried by Landlord or carried or provided through any insurance pool to which Landlord belongs shall be excess and not contributory insurance to that provided by Tenant. Upon Landlord's request, Tenant shall promptly furnish Landlord with a certificate of insurance evidencing the insurance coverage required by this Paragraph. 7_5 Failure on the part of Tenant to procure and maintain policies providing the required insurance coverage, conditions, and minimum limits provided in this Article shall constitute a material breach of this Agreement, for which Landlord may immediately terminate this Agreement, or at its discretion, Landlord may procure or renew any such policy or any extended reporting period thereto and may pay any and all premiums in connection therewith, and all sums so paid by Landlord shall be repaid by Tenant upon demand. 7_6 Landlord and Tenant understand and agree that Landlord is relying on, and does not waive or intend to waive by any provision of this Agreement, the monetary limitations or any other rights, immunities, and protections provided by the Colorado Governmental Immunity Act, C.R.S. 24-10-101 et seq., as from time to time amended, or otherwise available to Landlord, its officers, or its employees. ARTICLE 8.0 - ASSIGNMENT OR SUBLETTING 8.1 Tenant shall not assign its interests under this Lease nor sublet the property, in whole or in part, without first obtaining Landlord's express written consent in each instance. In the event of any permitted assignment or subletting hereunder, Tenant shall remain liable to Landlord for the performance of all terms, covenants and provisions of this Lease, unless Tenant is released in writing by Landlord. -4- ARTICLE 9.0 - DEFAULT BY TENANT; REMEDIES 9_1 Time is of the essence of this Lease with respect to the performance by Tenant of its obligations hereunder. If Tenant shall default in the performance of any of its obligations under this Lease, Landlord may give written notice of such default to Tenant. If the default is not cured within ten (10) days after such written notice is given, Landlord may elect to terminate this Lease by giving a further written notice of such termination to Tenant. If such further notice is given, this Lease shall terminate on the date fixed in such notice as completely as if that were the date herein definitely fixed for expiration of the term of this Lease, and Tenant shall then surrender the Leased Property to Landlord. 9_2 No remedy conferred upon or reserved to Landlord shall exclude any other remedy herein or by law provided, but each shall be cumulative and in addition to every other remedy given hereunder or now or hereafter existing at law, in equity or by statute. 9.3 In the event of any litigation or arbitration arising out of or relating to this Lease, the Court shall award to the prevailing party all reasonable costs and expenses thereof, including attorney fees. ARTICLE 10.0 - NOTICE 10.1 Except as otherwise expressly provided herein, all notices required or permitted under this Lease shall be in writing and shall be delivered in person or sent by United States certified mail, return receipt requested. If sent by mail, a notice shall be deemed to have been properly given when deposited in any post office, branch post office, or mail depository regularly maintained by the United States Postal Service and sent by certified mail, return receipt requested, with postage thereon pre-paid, addressed as follows: To Landlord: Town of Fraser P.O. Box 370 Fraser, CO 80442 To Tenant: or addressed to each respective party at such other address as such party may hereafter furnish to the other party in writing. ARTICLE 11.0 - MISCELLANEOUS PROVISIONS 11.1 This Lease shall be construed under and shall be governed by the laws of the State of Colorado, the state courts of which shall have exclusive jurisdiction over any court action arising therefrom. 11.2 This Lease embodies the entire agreement and understanding between the parties relating to the subject matter hereof and may not be altered or amended except by writing signed by Landlord and Tenant and specifically referring hereto. 11.3 Except as otherwise expressly provided herein, this Lease and the rights and duties of Landlord and Tenant hereunder shall be binding upon and shall inure to the benefit of their respective successors and permitted assigns. -5- IN WITNESS WHEREOF, the parties have hereunto subscribed their signatures, effective the date first above mentioned. LANDLORD TOWN OF FRASER, COLORADO Jeffrey L. Durbin Town Manager ATTEST: Lu Berger, Town Clerk TENANT Ilizabeth Adelman STATE OF COLORADO ) ss. COUNTY OF GRAND ) Subscribed and sworn to (affirmed) before me this day of 2013, by Notary Public My commission expires: [SEAL ] -6- TOWN OF FRASER RESOLUTION NO. 2013-12-12 RENEWING THE TOWN OF FRASER'S THREE MILE PLAN, AS RECOMMENDED BY THE FRASER PLANNING COMMISSION AND AS AUTHORIZED AND REQUIRED BY COLORADO REVISED STATUTES WHEREAS, the Town of Fraser is required by C.R.S. 31-12-105(1)(e) to have in place a plan that is updated annually to apply to all territory within the boundaries of the Town of Fraser and to those areas outside the Town as provided by C.R.S. 31-12-105(1)(e); WHEREAS, the Three Mile Plan is incorporated within the Town of Fraser Comprehensive Plan; WHEREAS, areas within the Three Mile Planning Area have been considered regarding general land description, land use, utilities, transportation, community services, open space, parks, and recreational amenities; and WHEREAS, the Fraser Planning Commission extensively reviewed the Three Mile Plan as included within the 2010 Comprehensive Plan and recommends no changes at this time and recommends its adoption for the health, safety, and welfare of current and future residents of the Town of Fraser. NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF FRASER, COLORADO THAT the Three Mile Plan as approved by the Fraser Planning Commission be updated as included within the 2010 Town of Fraser Comprehensive Plan. DULY MOVED, SECONDED, AND ADOPTED THIS 11th DAY OF DECEMBER, 2013. Votes in favor: _ BOARD OF TRUSTEES OF THE Votes opposed: _ TOWN OF FRASER, COLORADO Absent: _ Abstained: _ BY: Mayor ATTEST: (S E A L) Town Clerk TOWN OF FRASER RESOLUTION NO. 2013-12-13 APPROVING 2014 LAW ENFORCEMENT BUDGET WHEREAS, the Towns of Fraser and Winter Park established a joint Fraser/Winter Park Police Department by intergovernmental agreement as amended on September 20, 2006; and WHEREAS, The Police Chief has submitted a proposed budget to said governing body for its consideration; and WHEREAS, the proposed budget remains in balance, as required by law; and WHEREAS, Fraser shall pay its apportioned share of the annual budget on a monthly basis to Winter Park. WHEREAS, Winter Park shall provide Fraser with an accounting of all expenditures for the prior year no later than March 151. Winter Park shall provide Actual expenditures versus budgeted expenditures shall be reconciled by adjusting Fraser's monthly payments for the remainder of that year. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF FRASER, COLORADO THAT: 1. The attached 2014 budget for the Fraser/WP Police Department is approved. DULY MOVED, SECONDED, AND ADOPTED THIS 11th DAY OF DECEMBER, 2013. Votes in favor: _ BOARD OF TRUSTEES OF THE Votes opposed: _ TOWN OF FRASER, COLORADO Absent: _ Abstained: _ BY: Mayor ATTEST: (S E A L) Town Clerk 0 O tp W O W d' 3(3 O 4(7 O C7 4 Q A c'7 Cl 0 M to M o h CD 4} O w (D C C . I . l(i r N (n oo h C y r D) ") O co (ry U1 N M r M w 0 � N LO co N (D N N h N 't3 CD r � N � LL, W 69- (A• 64 Q) 64 (r7 6% V). to 4 O M (D 47 7 V MS') O (q Q C) 0 0 Q ° C7 5— N rn h C M C] r- , L() O I N N (C V (4 C N ti N � C.o Os•0 M O - f` r — E '�Y h M (0 N N M r (9 W 64 &3 6y u9 #} bt 4fl 4R, h 0 a (M7 (NU O 0 M h O 10 © O O O V' C] ((7 i ' O q k D7 N � (fl ' C 1s w Go N V O 6 N h CO r 0) CMi � V c0 GV (D N N N Q 'a r Y N � m 64 lA M 1R 1% (11), ffl 4a C] C7 CJ (n (t1 N M M N M d 47 ❑ O C5 O 47 Oo r+ e�••� (D V h N co r- ry cc cc O N (D M e` tll N (YS V (C N N in r M (D Z co -co ifs (7 to iz M O co w V h N (O N r U N i, — N y W Z64 +R 6p3 69 v> 64 69 (fl O O O (C\r ro W h CD 00 W C] C] C L u� O N u] cr (D O Lo U of co M ai (D N to (n r P- M V N V h N M N N M co N p � r N � 07 z M 1f! 6a IfT &3 t% 64 ER M h It (D CD r i Cl Lr r rn C MU"' 'I h (D (gyp o C6 xr "�t V N U') M M W IF N N s C7V' N V (hD in CQ r N CO co Ln J CD Y r N a 64 ur v3 vs 49 1» 64 69 N C ! U C E . a m W y i6 2M m Cr y y ca a m , 0 E G y Q} rA _ a'�+ J '6 U 'N N N in 3 W C 3 U Q a m 7 N N � y N LL y ` C, C (o C C W LL ❑ (D 'C3 d y N €JS rn N C 7, O. d {15 3 C CO N O N Itz> 0 .0 � � �' � N (� s. � Y N � � U? N (� � m •E M 1L. N ~o N L it cn U o(f w p .(_v m .— »6 c o >= c c rn [3' a sz C x (u m c L sZ o c = m U y C N lU 7 3 N N C m x W U TOWN OF FRASER RESOLUTION NO. 2013-12-14 APPROVING 2014 BUILDING DEPARTMENT BUDGET WHEREAS, the Towns of Fraser and Winter Park established a joint Winter Park/Fraser Building Department by intergovernmental agreement on December 20, 2006; and WHEREAS, The Building Department has submitted a proposed budget to said governing body for its consideration; and WHEREAS, the proposed budget remains in balance, as required by law; and NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF FRASER, COLORADO THAT: 1. The attached 2014 budget for the Winter Park/Fraser Building Department is approved. DULY MOVED, SECONDED, AND ADOPTED THIS 11th DAY OF DECEMBER, 2013. Votes in favor: _ BOARD OF TRUSTEES OF THE Votes opposed: _ TOWN OF FRASER, COLORADO Absent: _ Abstained: _ BY: Mayor ATTEST: (S E A L) Town Clerk ro coo LO ccoo a, � w r- m °o rri o 0 0 0 0 0 41-� D Cfl ' N ' I"F (0 co O N N to N � p N N 6f3 4fl to 44 6q 47 ff} rr co M Co m m p M p O d O O s i L : r i s i N 07 V N co N r N i r co ,W tr3 N I- t--: (D L6 W Iz ED tC - I^• C4 CO N N _ F: N r N O CSI N W (� 44 4R Eiy 4. 6`3' w 69 LO ti N M 6Ni M w Cn Ghi p CJ O O i r ,,cy O 00 (o uj N to N C4 r- N h (4 (4 N Y� CD OV Y N N � �Q Efl 49' 4!3 49 473 69 4A ff3 fA CD G i r r r i v i � c cc Crl c7 1� N ,.� 1 N cO CQ LO N W) m N e N N y ® w z ffir 69 463 49 44 63 4Pr V3 u1 N co N U) OD OS N O 0 0 p f/1 i i i i i r Q) l0 cl Imo- Lc ' M Q r Lc) iQ u N co Ur 6] N N _ O 3 N LL w 4i3 64 EH 44 49 4H fo 6> It i r i o i n M C r M ` — ' M Z N � r � ❑ C U J_ 69 v3 64 40 4} 6% 69. 47? co � o � E � 0' U) N CO ui Q fO 'w a] U q N Q1 l v m LL. c) of W a=i m CD (D a U) ° 0 v w C7 m €i m 'a m f ai S o In a O R r� N Q is N o � +� a N O ° C m r� a m sue. n m U oZS w p i ay m � � O C c t m o_ c cu e w L c m c m as 5 5 m o c 0) U ii n O H a cn cn n V) U O U #— m W ac w u COLORADO STATE BUDGET REPORT TOWN OF FRASER 2011 2012 2013 2013 2013 2014 Prior Year 2 Prior Year Current Year Current Year Current Year Adopted Actual Actuals Budget Revised Budget Year-Ent Est. Budget GENERALFUND REVENUE TAXES 10-31-100 General Fund Property Tax 268,530 217,361 218,500 218,500 218,500 195,000 10-31-200 Specific Ownership Tax 9,277 9,186 8,000 8,000 9,500 8,500 10-31-300 Motor Vehicle Tax 4,412 4,477 4,000 4,000 4,200 4,200 10-31-400 Town Sales Tax 1,544,863 1,590,245 1,600,000 1,600,000 1,628,500 1,650,000 10-31-410 Use Tax-Building Materials 80,936 28,658 40,000 40,000 129,250 55,000 10-31-420 Use Tax-Motor Vehicle Sales 42,064 51,809 35,000 35,000 59,000 45,000 10-31-430 State Cigarette Tax 4,828 5,081 4,500 4,500 4,500 5,000 10-31-800 Franchise Fees 45,832 49,521 40,000 40,000 49,000 49,000 Sub-Total 2,000,742 1,956,338 1,950,000 1,950,000 2,102,450 2,011,700 LICENSES&PERMITS 10-32-100 Business License Fees 8,520 10,980 10,500 10,500 13,600 12,000 10-32-110 Regulated Industry Fees/Taxes 5,254 2,678 2,000 2,000 17,500 22,500 Sub-Total 13,774 13,658 12,500 12,500 31,100 34,500 INTERGOVERNMENTAL 10-33-100 Grants 0 0 0 0 12,922 0 Sub-Total 0 0 0 0 12,922 0 CHARGES FOR SERVICES 10-34-100 Annexation Fees 0 50 1,000 1,000 10,000 1,000 10-34-110 Zoning Fees 22,171 700 1,500 1,500 0 1,500 10-34-120 Subdivision Fees 900 2,350 1,500 1,500 1,300 1,500 10-34-130 Miscellaneous Planning Fees 900 2,147 1,000 1,000 1,100 1,000 10-34-150 Affordable Housing Impact Fee 0 0 0 0 0 0 10-34-740 Fees in Lieu of Park Land 0 0 0 0 0 0 10-34-750 WTHP Revenue 0 0 0 0 0 0 Sub-Total 23,971 5,247 5,000 5,000 12,400 5,000 FINES&FORFEITURES 10-35-100 Court Fines 0 0 0 0 0 0 10-35-200 Police Dept.Sur-Charge 0 0 0 0 0 0 Sub-Total 0 0 0 0 0 0 MISCELLANEOUS REVENUE 10-36-100 Interest Earnings 3,459 6,250 5,500 5,500 3,200 3,500 10-36-300 Rental Income 12,250 9,025 9,000 9,000 8,300 8,000 10-36-500 Sale of General Fixed Assets 0 0 0 0 16,825 0 10-36-600 Reimbursable-Mustang 0 0 0 0 0 0 10-36-610 Reimbursable-Prof Services 53,788 160,605 25,000 264,000 264,000 50,000 10-36-620 Reimbursable-Night Shuttle 0 0 0 0 0 0 10-36-900 Miscellaneous Revenue 39,565 47,424 35,000 35,000 30,000 35,000 Sub-Total 109,063 223,304 74,500 313,500 322,325 96,500 SPECIAL ASSESSMENTS 10-37-100 Byers Vista SID 0 0 0 0 0 Sub-Total 0 0 0 0 0 0 OTHER SOURCES AND TRANSFERS 10-39,100 Bond Proceeds 0 0 0 0 Mb 0 10-39,900 Transfers in from Other Funds 28,164 15,337 21,500 21,500 21,500 0 10-39,999 Carryover Balance 2,228,062 2,139,299 1,718,462 1,718,462 1,861,551 1,937,333 Sub-Total 2,256,226 2,154,636 1,739,962 1,739,962 1,883,051 1,937,333 GENERAL FUND TOTAL REVENUE 4,403,776 4,353,184 3,781,962 4,020,962 4,364,248 4,085,033 EXPENDITURES TOWN BOARD 10-41-110 Salaries 20,470 15,060 26,000 26,000 21,000 26,000 10-41-220 FICA Tax 1,566 1,152 1,989 1,989 1,607 1,989 10-41-280 Training Programs 880 1,687 2,000 2,000 500 2,000 10-41-290 Travel,Meals and Lodging 1,547 941 3,000 3,000 4,000 5,000 10-41-295 Meals and Entertainment 7,133 5,661 6,000 6,000 8,000 8,000 10-41-690 Miscellaneous Expense 2,391 2,818 3,000 3,000 3,000 3,000 10-41-860 Grants and Aid to Agencies 0 0 0 0 1,050 0 10-41-861 Intergovernmental Agreements 9,000 15,000 14,500 14,500 9,000 19,000 10-41-862 FraserNNinter Park Police Dept 378,336 372,060 404,000 404,000 405,000 412,080 10-41-863 Street Lighting and Signals 13,468 13,843 15,000 15,000 14,000 14,500 10-41-864 Special Events 10,000 10,000 30,000 30,000 30,000 20,000 10-41-865 Grand County Dispatch 0 0 0 0 0 0 10-41-866 Wood Stove Rebates 0 0 0 0 0 0 10-41-867 Chamber of Commerce-IGA 81,444 95,755 53,280 53,280 54,229 54,945 10-41-868 Winter Shuttle-IGA 37,926 50,000 50,000 50,000 50,000 52,000 10-41-869 Summer Shuttle-IGA 0 0 0 0 0 0 10-41-870 Business Dist StreetScape 693 1,226 0 0 10,000 5,000 10-41-871 Business Enhancement Programs 4,941 10,092 10,000 10,000 2,000 90,000 10-41-872 Improvement Awards-Business 0 50 0 0 0 0 Sub-Total 569,794 595,345 618,769 618,769 613,386 713,514 ADMINISTRATION 10-45-110 Salaries 199,596 204,605 202,250 202,250 200,000 209,116 10-45-210 Health Insurance 32,041 33,853 40,000 40,000 35,000 36,378 10-45-220 FICA Tax 14,161 14,630 15,472 15,472 15,300 15,997 10-45-230 Retirement 7,844 8,037 8,090 8,090 8,000 8,365 10-45-250 Unemployment Tax 599 614 607 607 600 627 10-45-260 Workers Comp Claims 0 0 0 0 0 0 COLORADO STATE BUDGET REPORT TOWN OF FRASER 2011 2012 2013 2013 2013 2014 Prior Year 2 Prior Year Current Year Current Year Current Year Adopted Actual Actuals Budget Revised Budget Year-Ent Est. Budget 10-45-280 Training Programs 635 1,260 2,000 2,000 2,500 2,500 10-45-290 Travel,Meals and Lodging 57 4,010 2,000 2,000 4,500 3,000 10-45-295 Meals and Entertainment 2,148 2,991 3,000 3,000 3,000 3,500 10-45-305 Municipal Court Judge 0 0 0 0 0 0 10-45-310 Legal Fees 128,003 78,189 35,000 35,000 50,000 50,000 10-45-320 Audit Fees 14,370 14,900 15,496 15,496 11,235 12,184 10-45-330 Engineering Fees 11,625 6,449 5,000 5,000 2,000 5,000 10-45-360 Computers-Networks and Support 24,866 23,891 25,000 25,000 25,000 45,000 10-45-370 Other Professional Services 16,201 25,777 40,000 40,000 20,000 105,000 10-45-375 Reimbursable Prof Services 37,005 160,605 25,000 240,000 240,000 50,000 10-45-380 Janitorial Services 8,471 8,548 15,000 15,000 10,000 15,000 10-45-385 Treasurer's Fees 5,372 4,347 6,555 6,555 6,555 5,850 10-45-390 Abatement Fees 0 0 0 0 0 0 10-45-395 Recording Fees 0 0 1,000 1,000 500 1,000 10-45-410 Bank Charges 572 586 800 800 590 800 10-45-420 Elections 0 1,094 2,500 2,500 2,500 5,000 10-45-430 Insurance-All Departments 34,898 38,319 40,000 40,000 48,500 50,000 10-45-440 Advertising 954 2,077 1,500 1,500 2,500 2,500 10-45-490 Professional Memberships 5,848 6,000 7,000 7,000 7,000 7,000 10-45-500 Operating Supplies 10,608 8,250 12,000 12,000 12,000 12,000 10-45-510 Equipment Purchase and Repair 790 8,061 10,000 10,000 5,000 15,000 10-45-550 Postage 1,486 1,847 1,500 1,500 1,100 1,500 10-45-560 Utilities-Telephone 5,271 5,807 6,000 6,000 6,000 6,060 10-45-561 Utilities-Natural Gas 3,766 3,162 5,500 5,500 4,000 5,700 10-45-562 Utilities-Electricity 5,489 5,641 6,500 6,500 6,000 6,700 10-45-569 Utilities-Trash Removal 1,139 1,386 2,000 2,000 1,800 1,500 10-45-670 Prop Mgmt-117 Eisenhower Dr 13,173 10,349 10,000 10,000 10,000 12,000 10-45-671 Prop Mgmt-105 Fraser Ave 2,900 42 500 500 500 500 10-45-672 PropMgmt- 0 0 0 0 0 0 10-45-673 Prop Mgmt-153 Fraser Ave 5,265 7,813 6,000 6,000 6,000 23,000 10-45-674 Prop Mgmt-200 Eisenhower Dr 1,521 28 500 500 500 500 10-45-675 Prop Mgmt-216 Eisenhower Dr 0 0 0 0 0 0 10-45-676 Prop Mgmt-400 Doc Susie Ave 466 1,401 500 500 1,500 2,500 10-45-690 Miscellaneous Expense 6,016 7,621 7,500 7,500 12,000 7,500 10-45-695 Bad Debt Write-Off 0 0 0 0 0 0 10-45-730 Capital Projects 0 0 0 0 0 0 10-45-740 Capital Purchases 0 0 0 0 0 0 10-45-810 Lease/Purchase-Principal 50,456 17,475 18,343 18,343 18,342 19,252 10-45-820 Lease/Purchase-Interest 23,151 20,898 20,032 20,032 20,032 19,122 Sub-Total 676,763 740,563 600,145 815,145 800,054 766,652 PUBLIC WORKS 10-60-110 Salaries 286,840 348,141 360,000 360,000 350,000 372,252 10-60-210 Health Insurance 51,406 63,336 69,500 69,500 68,540 80,054 10-60-220 FICA Tax 20,579 25,124 27,540 27,540 26,775 28,477 10-60-230 Retirement 10,681 10,501 14,400 14,400 14,000 14,890 10-60-250 Unemployment Tax 860 1,044 1,080 1,080 1,050 1,117 10-60-260 Workers Comp Claims 0 1,045 0 0 500 0 10-60-280 Training Programs 952 1,192 1,000 1,000 400 1,000 10-60-290 Travel,Meals and Lodging 131 228 1,000 1,000 400 1,000 10-60-295 Meals and Entertainment 550 493 500 500 500 500 10-60-330 Engineering Fees 33,808 33,073 10,000 10,000 13,500 60,000 10-60-360 Computer Network Support 0 634 1,500 1,500 500 1,500 10-60-370 Other Professional Services 0 21,149 2,500 2,500 2,500 2,500 10-60-380 Janitorial Services 0 0 0 0 0 0 10-60-470 Contract Grounds Maintenance 0 0 0 0 0 0 10-60-475 Contract Snow Removal 2,840 0 0 0 0 0 10-60-480 Equipment Rental 886 1,072 2,500 2,500 500 2,500 10-60-490 Professional Memberships 240 100 250 250 250 250 10-60-500 Operating Supplies 71,178 63,460 60,000 60,000 65,000 70,000 10-60-506 Plants/Planter Supplies 6,974 13,789 10,000 10,000 10,000 10,000 10-60-510 Equipment Purchase and Repair 35,072 29,289 30,000 30,000 30,000 30,000 10-60-560 Utilities-Telephone 1,573 2,360 2,500 2,500 2,500 2,700 10-60-561 Utilities-Natural Gas 4,496 3,607 5,500 5,500 4,500 6,000 10-60-562 Utilities-Electricity 1,841 1,734 2,500 2,500 2,200 2,500 10-60-569 Utilities-Trash Removal 836 920 2,000 2,000 1,500 2,100 10-60-670 Prop Mgmt-125 Fraser Ave 1,986 2,546 2,500 2,500 2,500 2,500 10-60-671 Prop Mgmt-Clayton Ct Parcel 0 0 0 0 0 0 10-60-672 Prop Mgmt-Elk Crk Wetlands 0 0 0 0 0 0 10-60-673 PropMgmt-Fraser River Trail 1,864 25,629 5,000 5,000 5,500 5,000 10-60-674 Prop Mgmt-Hwy 40 Pedestrian 0 15,337 0 0 0 5,000 10-60-675 Prop Mgmt-Koppers Park 0 0 0 0 0 0 10-60-676 Prop Mgmt-Old SchlHouse Pk 188 481 500 500 700 500 10-60-677 Prop Mgmt-Planning Area 28 0 0 0 0 0 0 10-60-678 Prop Mgmt-Walk Thru Hist Prk 0 0 0 0 0 0 10-60-679 Prop Mgmt-School Bus Garage 5,159 2,934 6,000 6,000 4,000 6,500 10-60-680 Prop Mgmt-Gardner Shed 40 0 0 0 0 0 10-60-681 Prop Mgmt-Cozens Ranch Park 3,548 3,517 5,000 5,000 9,000 105,000 10-60-682 PropMgmt-Amtrak Station 0 27 0 0 150 0 10-60-683 Prop Mgmt-Ptarmigan OS 360 0 0 0 200 0 10-60-684 PropMgmt-FRODO 0 0 21,500 21,500 2,500 10,000 10-60-685 Mountain Man Park 0 0 0 0 200 500 10-60-686 Goranson Station 0 0 0 0 30,000 15,000 10-60-690 Miscellaneous Expense 2,950 1,321 1,000 1,000 1,000 1,200 10-60-695 Fraser Mustang 0 0 0 0 0 0 COLORADO STATE BUDGET REPORT TOWN OF FRASER 2011 2012 2013 2013 2013 2014 Prior Year 2 Prior Year Current Year Current Year Current Year Adopted Actual Actuals Budget Revised Budget Year-Ent Est. Budget 10.60.725 Street Improvements 27,879 65,726 25,000 25,000 28,000 75,000 10.60.730 Capital Projects 0 0 0 0 0 0 10.60.740 Capital Purchases 0 IL 0 0 0 0 0 Sub-Total 575,717 739,809 670,770 670,770 678,865 915,540 Outdoor Activity Center 10-65-110 Salaries 6,072 0 0 0 0 0 10-65-210 Health Insurance 0 0 0 0 0 0 10-65-220 FICA Tax 0 0 0 0 0 0 10-65-230 Retirement 0 0 0 0 0 0 10-65-250 Unemployment Tax 0 0 0 0 0 0 10-65-260 Workers Comp Claims 0 0 0 0 0 0 10-65-280 Training Programs 0 0 0 0 0 0 10-65-290 Travel,Meals and Lodging 0 0 0 0 0 0 10-65-295 Meals and Entertainment 0 0 0 0 0 0 10-65-370 Other Professional Services 362 615 10,000 10,000 0 10,000 10-65-380 Janitorial Services 2,463 5,373 5,500 5,500 5,500 5,500 10-65-490 Professional Memberships 0 0 0 0 0 0 10-65-500 Operating Supplies 13 0 0 0 0 0 10-65-510 Equipment Purchase and Repair 0 0 0 0 0 0 10-65-560 Utilities-Telephone 483 534 500 500 500 500 10-65-561 Utilities-Natural Gas 507 1,113 1,500 1,500 1,500 1,500 10-65-562 Utilities-Electricity 594 1,064 1,000 1,000 1,000 1,000 10-65-665 WTHP Expenses 0 0 0 0 1,000 0 10-65-670 Prop Mgmt-120 Zerex 2,185 755 0 0 2,500 8,000 10-65-690 Miscellaneous Expense 0 25 0 0 0 0 10-65-730 Capital Projects 0 0 0 0 0 0 10-65-740 Capital Purchases 0 0 0 0 0 0 Sub-Total 12,678 9,479 18,500 18,500 12,000 26,500 TRANSFERS 10-90-920 Transfer to CERF-Police Dept 0 36,190 0 0 0 0 10-90-930 Transfer to CERF-PublicWorks 50,000 50,000 0 0 0 0 10-90-935 Transfer to CAF 100,000 75,000 75,000 75,000 75,000 0 10-90-940 Transfer to Debt Service Fund 246,153 247,250 247,610 247,610 247,610 247,373 10-90-950 Transfer to Water Fund 0 0 0 0 0 0 10-90-960 Transfer to FREP 28,164 0 0 0 0 0 10-90-970 Transfer to Long Term Savings 0 0 0 0 0 0 10-90-980 Transfer to Petersen Trust 0 0 0 0 0 0 10-90-995 Salaries Clearing 0 0 0 0 0 0 10-90-996 FICA Tax Clearing 0 0 0 0 0 10-90-997 Unemployment Tax Clearing 0 0 0 0 Sub-Total 424,317 408,440 322,610 322,610 322,610 247,373 FISCAL AGENT 10-95-110 Salaries 0 0 0 0 0 10-95-210 Health Insurance 0 0 0 w7r 0 0 10-95-220 FICA Tax 0 0 0 0 0 10-95-230 Retirement 0 0 0 0 0 0 10-95-250 Unemployment Tax 0 0 0 0 0 0 10-95-260 Workers Comp Claims - 0 0 N 0 0 0 N 0 Sub-Total 0 0 0 0 0 0 GENERAL FUND EXPENDITURE TOTALS 2,259,269 2,493,632 2,230,794 2,445,794 2,426,915 2,669,579 GENERAL FUND REVENUE TOTALS 4,403,776 4,353,184 3,781,962 4,020,962 4,364,248 4,085,033 GENERAL FUND EXPENDITURE TOTALS 2,259,269 2,493,632 2,230,794 2,445,794 2,426,915 2,669,579 GENERAL FUND REVENUE OVER EXPENDITURES 2,144,507 1,859,552 1,551,168 1,575,168 1,937,333 1,415,454 CONSERVATION TRUST FUND REVENUE 20-30-100 Cons Trust(Lottery)Proceeds 4,682 6,111 6,000 6,000 6,000 6,100 20-30-800 Interest Earnings 50 58 60 60 25 10 20-30-999 Carryover Balance 48,477 25,046 15,669 15,669 15,877 402 Sub-Total 53,209 31,215 21,729 21,729 21,902 6,512 EXPENDITURES 20-40-410 Bank Charges 0 0 0 0 0 0 20-40-650 Cons Trust Program Expenses 0 0 0 0 0 0 20-40-910 Transfer to General Fund 28,164 15,337 21,500 21,500 21,500 0 20-40-920 Transfer to Other Funds 0 0 0 0 0 0 Sub-Total 28,164 15,337 21,500 21,500 21,500 0 CTF REVENUES OVER EXPENDITURES 25,045 15,878 229 229 402 6,512 COLORADO STATE BUDGET REPORT TOWN OF FRASER 2011 2012 2013 2013 2013 2014 Prior Year 2 Prior Year Current Year Current Year Current Year Adopted Actual Actuals Budget Revised Budget Year-Ent Est. Budget CAPITAL EQUIP REPLACEMENT FUND REVENUES 30-30-100 Hwy Use Tax Proceeds 45,566 45,108 44,152 44,152 44,152 44,594 30-30-500 Sale of CERF Assets 0 0 0 0 0 0 30-30-800 Interest Earnings 337 1,069 300 300 595 300 30-30-900 Transfer from G/F-PoliceDept 0 36,190 0 0 0 0 30-30-910 Transfer from G/F-PublicWork 50,000 50,000 0 0 0 0 30-30-920 Transfer from Utility Funds 20,000 20,000 20,000 20,000 20,000 20,000 30-30-999 Carryover Balance 295,849 411,752 525,548 525,548 527,931 470,019 Sub-Total 411,752 564,119 590,000 590,000 592,678 534,913 EXPENDITURES 30-40-745 Public Safety Fleet Purchase 0 36,188 40,000 40,000 40,041 0 30-40-750 Regular Fleet Purchase 0 0 40,000 40,000 0 0 30-40-755 Heavy Equipment Purchase 0 0 150,000 150,000 37,200 50,000 30-40-810 Lease/Purchase-Principal 0 0 0 0 45,418 40,938 30-40-820 Lease/Purchase-Interest 0 0 0 0 0 4,480 30-40-910 Transfer to General Fund i 0 0 0 0 0 Sub-Total 0 36,188 230,000 230,000 122,659 95,418 CERF REVENUES OVER EXPENDITURES 411,752 527,931 360,000 360,000 470,019 439,495 CAPITAL ASSET FUND REVENUE 32-30-100 Reserved for Future Use 0 0 0 0 0 2,250,000 32-30-500 Sale of Capital Assets 0 0 0 0 0 0 32-30-800 Interest Earnings 138 290 425 425 170 5 32-30-910 Transfer in from General Fund 100,000 75,000 75,000 75,000 75,000 0 32-30-940 Transfer in from DSF 0 175,000 175,000 175,000 175,000 0 32-30-950 Transfer in from Water Fund 0 0 0 0 0 0 32-30-999 Carryover Fund Balance 150,586 59,300 40,900 40,900 40,066 0 Sub-Total 250,724 309,590 291,325 291,325 290,236 2,250,005 EXPENDITURES 32-40-810 Capital Proj-Streets Existing 191,424 269,524 250,000 250,000 215,000 0 32-40-815 Capital Proj-Streets New 0 0 0 0 0 2,250,000 32-40-820 Capital Proj-Buildings Exist 0 0 0 0 0 0 32-40-825 Capital Proj-Buildings New 0 0 0 0 0 0 32-40-830 Capital Proj-Parks/OS Exist 0 0 0 0 0 0 32-40-835 Capital Proj-Parks/OS New 0 0 0 0 0 0 32-40-900 Transfer to General Fund 0 0 0 0 0 0 32-40-910 Transfer to CAF Res-Streets 0 0 0 41,325 75,236 0 32-40-920 Transfer to CAF Res-Bldgs 0 0 0 0 0 0 32-40-930 Transfer to CAF Res-Parks/OS 0 0 0 0 0 0 Sub-Total 191,424 269,524 250,000 291,325 290,236 2,250,000 CAF REVENUES OVER EXPENDITURES 59,300 40,066 41,325 0 0 5 FREPFUND REVENUE 35-30-100 Grants and Awards 0 0 0 0 0 0 35-30-110 In-Kind Services 0 0 0 0 0 0 35-30-120 Miscellaneous Revenue 0 0 0 0 0 0 35-30-130 Interest Income 0 0 0 0 0 0 35-30-910 Transfer in from General Fund 28,164 0 0 0 0 0 35-30-999 Carryover Balance 0 0 0 0 0 0 Sub-Total 28,164 0 0 0 0 0 EXPENDITURES PROJECT WIDE EXPENSES 35.40.310 Threat/Endagered Species Study 0 0 0 0 0 0 35.40.315 Fisheries Special Analysis 0 0 0 0 0 0 35.40.320 Aquatic Habitat Permitting 0 0 0 0 0 0 35.40.900 Transfer to TOF G/F 0 0 0 0 0 0 Sub-Total 0 0 0 0 0 0 TOWN OF FRASER EXPENSES 35-50-410 Aquatic Habitat Enhancements 0 0 0 0 0 0 35-50-420 Borearroad Habitat Restoration 0 0 0 0 0 0 35-50-430 Waterfowl Nesting Improvements 0 0 0 0 0 0 35-50-440 FM/P Trail Link Construction 28,164 0 0 0 0 0 35-50-450 Lions Fish Ponds Improvements 0 0 0 0 0 0 35-50-460 Educational Signage 0 0 0 0 0 0 COLORADO STATE BUDGET REPORT TOWN OF FRASER 2011 2012 2013 2013 2013 2014 Prior Year 2 Prior Year Current Year Current Year Current Year Adopted Actual Actuals Budget Revised Budget Year-Ent Est. Budget 35-50-470 Picnic Areas-Fraser RiverTrail M 0 0 0 0 0 Sub-Total 28,164 0 0 0 0 0 TOWN OF WINTER PARK EXPENSES 35-60-410 Aquatic Habitat Enhancements 0 0 0 0 0 0 35-60-420 Borearroad Habitat Restoration 0 0 0 0 0 0 35-60-430 Waterfowl Nesting Improvements 0 0 0 0 0 0 35-60-440 FNNP Trail Link Construction 0 0 0 0 0 0 35-60-450 Vasquez Trail Construction 0 0 0 0 0 0 35-60-460 Educational Signage 0 0 0 0 0 0 35-60-470 Picnic Areas-Fraser RiverTrail 0 0 0 0 0 0 Sub-Total 0 0 0 0 0 0 FREP FUND REVENUES 28,164 0 0 0 0 0 FREP FUND EXPENDITURES 28,164 0 0 0 0 0 FREP FUND REVENUES OVER EXPENDITURS 0 0 0 0 0 0 DEBT SERVICE FUND REVENUE 40-30-100 Property Tax 80,122 80,187 80,000 80,000 80,000 80,000 40-30-200 Specific Ownership Tax 2,778 3,389 3,000 4,000 3,100 3,000 40-30-500 Bond Proceeds 0 0 0 0 0 0 40-30-800 Interest Earnings 681 1,453 250 1,000 600 250 40-30-910 Transfer in from General Fund 246,153 247,250 247,610 247,610 247,610 247,373 40-30-990 Transfer in from DSF Reserves 0 175,000 175,000 175,000 175,000 0 40-30-999 Carryover Balance 0 0 0 0 0 0 Sub-Total 329,734 507,279 505,860 507,610 506,310 330,623 EXPENDITURES 40-40-385 Treasurer's Fees GO Bond 1,603 1,604 2,000 2,000 2,000 2,000 40-40-390 Abatements-GO Bond 0 0 0 0 0 0 40-40-500 Cost of Issuance 0 0 0 0 0 0 40-40-550 Underwriters Discount 0 0 0 0 0 0 40-40-810 Bond Principal-02 S&U Issue 25,000 20,000 25,000 25,000 25,000 25,000 40-40-811 Bond Principal-98 GO Issue 35,000 40,000 40,000 40,000 40,000 40,000 40-40-812 Bond Principal-98 S&U Issue 140,000 155,000 160,000 160,000 160,000 170,000 40-40-820 Bond Interest-02 S&U Issue 10,588 9,476 8,338 8,338 8,338 7,013 40-40-821 Bond Interest-98 GO Issue 15,856 13,975 11,826 11,826 11,826 9,676 40-40-822 Bond Interest-98 S&U Issue 70,565 62,775 54,270 54,270 54,270 45,360 40-40-850 Bond Agent Fees 1,342 1,342 2,500 2,500 600 2,500 40-40-910 Transfer to DSF Reserves 0 0 26,926 28,676 29,276 29,074 40-40-920 Transfer to Other Funds 0 175,000 175,000 175,000 175,000 0 Sub-Total 299,954 479,172 505,860 507,610 506,310 330,623 DEBT SERVICE REVENUES 329,734 507,279 505,860 507,610 506,310 330,623 DEBT SERVICE EXPENDITURES 299,954 479,172 505,860 507,610 506,310 330,623 DEBT SERVICE REVENUES OVER EXPENDITURES 29,780 28,107 0 0 0 0 WATER FUND REVENUES TAXES 50-31-100 Property Tax 50-31-200 Fraser Firming Revenue 0 0 IF 0 0 0 100,000 Sub-Total 0 0 0 0 0 100,000 LICENSES&PERMITS 50-32-100 Excavation Permit Fees 550 550 200 200 550 200 Sub-Total 550 550 200 200 550 200 CHARGES FOR SERVICES 50-34-100 Customer Service Charges 606,452 612,704 643,364 643,364 667,000 722,080 50-34-150 Penalties&Interest 7,259 9,320 1,000 1,000 5,850 1,000 50-34-200 Plant Investment Fees 0 0 8,000 8,000 6,000 8,000 50-34-300 Water Meter Sales 6,292 2,980 500 500 16,835 500 Sub-Total 620,003 625,004 652,864 652,864 695,685 731,580 MISCELLANEOUS REVENUE 50.36.100 Interest Earnings �4 1,378 1,000 1,000 810 50.36.900 Miscellaneous Revenue 6 3,168 2,500 2,500 11,600 Sub-Total 4,870 4,546 3,500 3,500 12,410 3,500 OTHER SOURCES&TRANSFERS 50-39-100 Debt Service Proceeds 0 0 0 0 0 50-39-200 Grants and Aid from Agencies 0 0 0 0 0 50-39-910 Transfer in from General Fund 0 0 0 0 50-39-999 Carryover Balance 427,418 415,243 337,393 337,393 Sub-Total 427,418 415,243 337,393 337,393 422,680 438,348 WATER FUND TOTAL REVENUE 1,052,841 1,045,343 993,957 993,957 1,131,325 1,273,628 COLORADO STATE BUDGET REPORT TOWN OF FRASER 2011 2012 2013 2013 2013 2014 Prior Year 2 Prior Year Current Year Current Year Current Year Adopted Actual Actuals Budget Revised Budget Year-Ent Est. Budget EXPENDITURES 50-40-110 Salaries 193,041 166,060 165,000 165,000 165,000 173,250 50-40-210 Health Insurance 35,796 28,762 30,000 30,000 29,500 33,600 50-40-220 FICA Tax 13,535 11,731 11,000 11,000 12,623 13,254 50-40-230 Retirement 7,619 5,946 6,600 6,600 6,600 6,930 50-40-250 Unemployment Tax 577 494 495 495 495 520 50-40-260 Workers Comp Claims 0 0 0 0 0 0 50-40-280 Training Programs 842 611 3,000 3,000 2,000 3,000 50-40-290 Travel,Meals and Lodging 1,017 74 3,000 3,000 2,000 3,000 50-40-295 Meals and Entertainment 306 1,867 2,000 2,000 2,000 2,000 50-40-300 Administrative Reimbursement 0 0 0 0 0 0 50-40-310 Legal Fees 73,543 74,401 35,000 35,000 35,000 85,000 50-40-330 Engineering Fees 19,865 2,245 20,000 20,000 10,000 60,000 50-40-360 Computers-Networks and Support 3,711 3,670 10,000 10,000 10,000 10,000 50-40-370 Other Professional Services 234 910 5,000 5,000 1,500 5,000 50-40-385 Treasurer's Fees 0 0 0 0 0 0 50-40-390 Abatements 0 0 0 0 0 0 50-40-410 Bank Charges 16 0 0 0 0 0 50-40-430 Insurance 15,860 16,116 20,000 20,000 20,260 25,000 50-40-440 Advertising 0 154 500 500 500 500 50-40-460 System Repair and Maint-Prod 1,019 11,395 35,000 35,000 32,000 70,000 50-40-465 System Repair and Maint-Dist 8,315 39,343 30,000 30,000 15,000 45,000 50-40-490 Professional Memberships 6,725 5,070 8,000 8,000 7,000 8,000 50-40-500 Operating Supplies-Production 10,743 11,963 25,000 25,000 20,000 25,000 50-40-505 Operating Supplies-Distrib 11,576 3,077 20,000 20,000 28,000 25,000 50-40-510 Equipment Purchase and Repair 86 938 5,000 5,000 1,000 12,000 50-40-520 Testing 2,486 1,318 3,000 3,000 4,000 5,000 50-40-550 Postage&Billing Supplies 1,292 1,530 3,500 3,500 2,000 3,500 50-40-560 Utilities-Telephone 2,790 3,039 3,500 3,500 3,500 3,500 50-40-562 Utilities-Electricity 35,742 34,329 50,000 50,000 40,000 50,000 50-40-670 Prop Mgmt-Fraser WTP 388 0 2,000 2,000 5,000 5,000 50-40-680 Prop Mgmt-Maryvale WTP 0 549 10,000 10,000 5,000 5,000 50-40-685 Prop Mgmt-St.Louis Headgate 7,135 0 0 0 0 50-40-690 Miscellaneous Expense 1,296 125 2,000 2,000 2,000 2,000 50-40-695 Bad Debt Write Off 0 0 0 0 0 0 50-40-715 Water Rights-Diversion&Dev 21,578 7,628 260,000 260,000 30,000 35,000 50-40-730 Capital Projects 0 0 91,000 91,000 91,000 160,000 50-40-740 Capital Purchases 0 0 0 0 0 0 50-40-760 Fraser Firming-Capital Projects 0 0 0 0 0 100,000 50-40-770 PIF-Capital Purchases 0 0 0 0 0 0 50-40-780 Capitalized Assets-Audit 0 0 0 0 0 0 50-40-790 Depreciation 0 0 0 0 0 0 50-40-810 Debt Service-Principal 0 0 0 0 0 0 50-40-820 Debt Service-Interest 0 0 0 0 0 0 50-40-850 Debt Service-Agent Fees 0 0 0 0 0 0 50-40-910 Transfer to General Fund 0 0 0 0 0 0 50-40-930 Transfer toCERF 10,000 10,000 10,000 10,000 10,000 10,000 50-40-970 Transfer to O&M Reserves 100,000 60,000 100,000 100,000 100,000 100,000 50-40-980 Transfer to Metro Districts 0 0 0 0 0 0 50-40-990 Transfer to Wastewater Fund 0 0 = _ Sub-Total 579,998 510,480 969,595 969,595 692,978 1,085,053 WATER FUND REVENUES 1,052,841 1,045,343 993,957 993,957 1,131,325 1,273,628 WATER FUND EXPENDITURES 579,998 510,480 969,595 969,595 692,978 1,085,053 WATER FUND REVENUES OVER EXPENDITURES 472,843 534,863 24,362 24,362 438,347 188,575 WASTEWATER FUND REVENUES TAXES Property Tax 0 Specific Ownership Tax 0 IMPEP Sub-Total 0 0 0 0 0 0 LICENSES&PERMITS 55-32-100 Excavation Permit Fees 0 0 0 0 0 0 Sub-Total 0 0 0 0 0 0 CHARGES FOR SERVICES 55-34-100 Customer Service Charges 605,215 606,258 616,580 616,580 616,800 679,056 55-34-150 Penalties&Interest 2,426 3,110 1,000 1,000 2,650 1,000 55-34-200 Plant Investment Fees 67,500 15,700 7,500 7,500 179,000 7,500 55-34-999 Contributed Assets 0 0 0 0 0 0 Sub-Total 675,141 625,068 625,080 625,080 798,450 687,556 MISCELLANEOUS REVENUE 55.36.100 Interest Earnings 9,136 4,825 2,000 2,000 2,750 2,500 55.36.500 JFF Management Fee 28,422 28,422 28,420 28,420 28,420 29,000 55.36.900 Miscellaneous Revenue 21,098 0 1,500 1,500 0 0 Sub-Total 58,656 33,247 31,920 31,920 31,170 31,500 COLORADO STATE BUDGET REPORT TOWN OF FRASER 2011 2012 2013 2013 2013 2014 Prior Year 2 Prior Year Current Year Current Year Current Year Adopted Actual Actuals Budget Revised Budget Year-Ent Est. Budget OTHER SOURCES&TRANSFERS 55-39-100 Debt Service Proceeds 0 0 0 0 0 0 55-39-200 Grants and Aid from Agencies 0 0 0 0 0 0 55-39-910 Transfer in from General Fund 0 0 0 0 0 0 55-39-999 Carryover Balance 2,090,105 2,156,033 2,092,733 2,092,733 2,373,791 2,624,986 Sub-Total 2,090,105 2,156,033 2,092,733 2,092,733 2,373,791 2,624,986 WASTEWATER FUND TOTAL REVENUE 2,823,901 2,814,348 2,749,733 2,749,733 3,203,411 3,344,042 EXPENDITURES 55-40-110 Salaries 163,322 161,236 170,000 170'000 170,000 178,500 55-40-210 Health Insurance 25,928 23,995 25,500 25,500 25,900 28,560 55-40-220 FICA Tax 11,627 11,871 12,500 12,500 13,005 13,655 55-40-230 Retirement 6,324 5,768 6,500 6,500 6,500 7,140 55-40-250 Unemployment Tax 483 483 510 510 510 536 55-40-260 Workers Comp Claims 0 0 0 0 0 0 55-40-280 Training Programs 229 60 2,000 2,000 1,000 2,000 55-40-290 Travel,Meals and Lodging 93 22 2,000 2,000 1,000 2,000 55-40-295 Meals and Entertainment 65 498 500 500 500 1,000 55-40-310 Legal Fees 2,180 0 5,000 5,000 0 5,000 55-40-330 Engineering Fees 2,760 4,093 10,000 10,000 3,000 10,000 55-40-360 Computers-Networks and Support 2,259 2,145 6,000 6,000 5,000 6,000 55-40-370 Other Professional Services 2,095 4,018 10,000 10,000 1,000 10,000 55-40-410 Bank Charges 0 0 100 100 0 100 55-40-430 Insurance 4,014 3,892 5,500 5,500 5,410 6,000 55-40-440 Advertising 0 0 500 500 0 500 55-40-460 System Repair and Maint-Collec 22,055 31,899 60,000 60,000 40,000 160,000 55-40-490 Professional Memberships 4,646 5,410 6,000 6,000 5,600 6,000 55-40-500 Operating Supplies-Collections 972 239 5,000 5,000 2,500 5,000 55-40-510 Equipment Purchase and Repair 55 0 2,500 2,500 1,500 2,500 55-40-520 Testing 700 230 1,000 1,000 500 1,000 55-40-550 Postage&Billing Supplies 1,292 1,324 2,500 2,500 2,000 2,500 55-40-560 Utilities-Telephone 267 268 500 500 500 500 55-40-650 WWTreatmentCharges/JFOC 127,991 142,724 188,000 188,000 145,000 204,002 55-40-660 JFF CapRepl Reserve 23 0 0 0 0 0 55-40-670 JFF O&M Reserve 0 0 0 0 0 0 55-40-690 Miscellaneous Expense 212 125 3,000 3,000 3,000 3,000 55-40-695 Bad Debt Write Off 0 0 0 0 0 0 55-40-730 Capital Projects 148,338 0 135,000 135,000 135,000 60,000 55-40-740 Capital Purchases 0 0 0 0 0 0 55-40-760 PIF-Capital Projects 4,406 0 0 0 0 0 55-40-770 PIF-Capital Purchases 0 0 0 0 0 0 55-40-780 Capitalized Assets-Audit 0 0 0 0 0 0 55-40-790 Depreciation 0 0 0 0 0 0 55-40-810 Debt Service-Principal 0 0 0 0 0 0 55-40-820 Debt Service-Interest 0 0 0 0 0 0 55-40-850 Debt Service-Agent Fees 0 0 0 0 0 0 55-40-910 Transfer to General Fund 0 0 0 0 0 0 55-40-930 Transfer toCERF 10,000 10,000 10,000 10,000 10,000 10,000 55-40-970 Transfer to O&M Reserves 0 0 0 0 0 0 55-40-990 Transfer to Water Fund 0 0 0 0 0 0 Sub-Total 542,336 410,300 670,110 670,110 578,425 725,493 WASTEWATER FUND REVENUES 2,823,901 2,814,348 2,749,733 2,749,733 3,203,411 3,344,042 WASTEWATER FUND EXPENDITURES 542,336 410,300 670,110 670,110 578,425 725,493 WASTEWATER FUND REVENUES OVER EXPENDITURES 2,281,565 2,404,048 2,079,623 2,079,623 2,624,986 2,618,549 PETERSEN TRUST REVENUE 70-30-100 Petersen Trust+Leverage 0 4,409 0 0 0 0 70-30-800 Interest Earnings 20 20 0 0 0 0 70-30-910 Transfer in from General Fund 0 0 0 0 0 0 70-30-920 Transfer in from Other Funds 0 15,337 0 0 0 0 70-30-999 Carryover Balance 17,752 11,582 0 0 0 0 Sub-Total 17,772 31,348 0 0 0 0 EXPENDITURES 70.40.410 Bank Charges 0 0 0 0 0 0 70.40.650 Petersen Trust Exp-Flag Pole 0 0 0 0 0 0 70.40.660 Petersen Trust Exp-Dugouts 0 0 0 0 0 0 70.40.670 Petersen Trust Exp-Trail 6,190 31,348 0 0 0 0 70-40-680 Petersen Trust Exp-OldChurch 0 0 0 0 0 0 70.40.910 Transfer to General Fund 0 0 A 0 0 0 0 Sub-Total 6,190 31,348 0 0 0 0 PETERSEN TRUST REVENUES 17,772 31,348 0 0 0 0 PETERSEN TRUST EXPENDITURES 6,190 31,348 0 0 0 0 PETERSEN TRUST REVENUES OVER EXPENDITURES 11,582 0 0 0 0 0 COLORADO STATE BUDGET REPORT TOWN OF FRASER 2011 2012 2013 2013 2013 2014 Prior Year 2 Prior Year Current Year Current Year Current Year Adopted Actual Actuals Budget Revised Budget Year-Ent Est. Budget JOINT FACILITIES FUND GENERALFUND REVENUE MEMBER REIMBURSEMENTS 40-30-100 Interest-O&M Accounts 970 486 600 600 410 400 40-30-200 O&M Reimbursement-WPR 151,044 167,349 216,742 216,742 203,122 235,827 40-30-205 Capital Reimbursement-WPR 20 0 0 0 0 0 40-30-210 O&M Reimbursement-GC#1 239,551 265,543 345,737 345,737 324,012 376,180 40-30-215 Capital Reimbursement-GC#1 25 0 0 0 0 0 40-30-220 O&M Reimbursement-TOF 129,906 145,085 187,493 187,493 175,712 204,002 40-30-225 Capital Reimbursement-TOF 23 0 0 0 0 0 40-30-230 Study Reimbursement-WP 1,915 2,361 0 0 0 0 40-30-235 Study Reimbursement-Granby 1,915 2,361 0 0 0 0 40-30-500 Sale of General Fixed Assets 0 0 0 0 0 0 40-30-800 Interest-Cap Res Accounts 23,907 0 0 0 0 0 40-30-900 Miscellaneous Revenue 3,385 2,037 0 0 2,380 2,000 Sub-Total 552,661 585,222 750,572 750,572 705,636 818,409 OTHER SOURCES AND TRANSFERS 40.30.930 Transfer In From Cap Project 0 0 0 0 0 0 40.30.980 Capitalized Reimbursements 0 0 0 0 0 0 40.30.999 Carryover Balance 214,150 218,019 247,362 247,362 189,326 192,116 Sub-Total 214,150 218,019 247,362 247,362 189,326 192,116 JFF GENERAL FUND TOTAL REVENUE 766,811 803,241 997,934 997,934 894,962 1,010,525 PLANT EXPENDITURES 40-85-110 Salaries 141,980 161,551 181,440 181,440 170,000 192,326 40-85-210 Health Insurance 24,949 32,082 45,000 45,000 36,500 50,400 40-85-220 FICA Tax 10,379 11,596 13,880 13,880 13,005 14,713 40-85-230 Retirement 5,679 4,906 7,258 7,258 6,800 7,693 40-85-250 Unemployment Tax 426 485 544 544 510 577 40-85-260 Workers Comp Claims 0 180 0 0 0 0 40-85-280 Training Programs 1,299 653 3,000 3,000 2,000 3,000 40-85-290 Travel-Meals and Lodging 442 576 2,500 2,500 2,000 2,500 40-85-295 Meals-Local Business 0 15 200 200 200 200 40-85-310 Legal Fees 4,222 154 5,000 5,000 2,500 5,000 40-85-320 Audit Fee 3,800 3,900 5,000 5,000 3,981 5,000 40-85-330 Engineering Fees 2,667 4,043 15,000 15,000 15,000 15,000 40-85-340 Financial Services 0 0 0 0 0 0 40-85-350 Sludge Removal 40,672 22,267 65,000 65,000 58,000 65,000 40-85-370 Professional Services 4,317 2,784 20,000 20,000 10,000 20,000 40-85-375 Reimbursable Prof Services 13,831 6,015 1,000 1,000 1,000 1,000 40-85-410 Bank Charges 0 0 100 100 0 100 40-85-430 Insurance-Plant 30,535 24,588 32,000 32,000 30,150 35,000 40-85-440 Advertising 662 90 50 50 500 500 40-85-460 Plant Maintenance and Repair 12,501 26,956 40,000 40,000 35,000 40,000 40-85-475 Grounds Maintenance 0 1,078 2,000 2,000 1,000 2,000 40-85-480 Equipment Rental 0 0 500 500 500 500 40-85-490 Professional Memberships 72 72 500 500 500 500 40-85-500 Operating Supplies 3,323 5,198 20,000 20,000 10,000 20,000 40-85-506 Operating Supplies-Chemicals 69,439 74,082 85,000 85,000 82,000 85,000 40-85-510 Equipment Purchase and Repair 4,638 9,188 20,000 20,000 20,000 20,000 40-85-520 Testing 35,438 41,004 55,000 55,000 50,000 55,000 40-85-525 Permits 3,494 8,811 10,000 10,000 5,000 10,000 40-85-550 Postage 0 0 0 0 0 0 40-85-560 Utilities-Telephone 2,360 2,750 5,500 5,500 3,500 5,500 40-85-562 Utilities-Electricity 94,786 124,444 95,000 95,000 125,000 140,000 40-85-565 Utilities-Natural Gas 4,648 3,417 6,000 6,000 6,000 6,000 40-85-567 Utilities-Plant Generator 1,000 1,802 2,500 2,500 2,200 2,500 40-85-569 Utilities-Trash Removal 1,674 1,618 3,500 3,500 2,500 3,500 40-85-650 Vehicle Expenses 4,418 5,504 6,500 6,500 6,500 6,500 40-85-690 Miscellaneous Expense 680 891 1,000 1,000 1,000 1,000 40-85-730 Capital Projects 68 0 0 0 0 0 40-85-740 Capital Purchases 0 0 0 0 0 0 40-85-750 Contingency 0 0 0 0 0 0 40-85-810 Lease/Purchase-Principal 0 0 0 0 0 0 40-85-820 Lease/Purchase-Interest 0 0 0 0 0 0 40-85-930 Capital Reserve Projects 0 0 0 0 0 0 Sub-Total 524,399 582,699 749,972 749,972 702,846 816,009 COLORADO STATE BUDGET REPORT TOWN OF FRASER 2011 2012 2013 2013 2013 2014 Prior Year 2 Prior Year Current Year Current Year Current Year Adopted Actual Actuals Budget Revised Budget Year-Ent Est. Budget Joint Facilities Fund Revenues 766,811 803,241 997,934 997,934 894,962 1,010,525 Joint Facilities Fund Expenditures 524,399 582,699 749,972 749,972 702,846 816,009 Joint Facilities Fund Revenues over Expenditure 242,412 220,542 247,962 247,962 192,116 194,516 JOINT FACILITIES FUND-CRR REVENUES 47-30-100 Interest Income-CRR Accounts 25,343 20,000 20,000 17,500 15,000 47-30-110 Interest Income-CIP Accounts 0 0 0 0 0 47-30-210 CRR Reimbursable-WPR 0 0 0 0 0 47-30-215 CIP Reimbursable-WPR 0 0 0 0 0 47-30-220 CRR Reimbursable-GC#1 0 0 0 0 0 47-30-225 CIP Reimbursable-GC#1 0 0 0 0 0 47-30-230 CRR Reimburseable-TOF 0 0 0 0 0 47-30-235 CIP Reimbursable-TOF 0 0 0 0 0 47-30-800 Sale of JFF Fixed Assets 0 0 0 0 0 47-30-900 Miscellaneous Revenue 0 0 0 0 0 47-30-990 CRR Carryover Balance 2,612,245 2,447,244 2,447,244 2,598,184 2,396,684 47-30-999 CIP Carryover Balance 0 0 0 0 0 Sub-total 2,637,588 2,467,244 2,467,244 2,615,684 2,411,684 EXPENDITURES Capital Replacement Reserve Projects 47-60-370 Engineering,Legal and Other Prof.Services 76 0 0 0 0 47-60-730 CRR Projects 10,777 34,000 34,000 9,000 248,000 Sub-total 10,853 34,000 34,000 9,000 248,000 Capital Improvement Projects 47.65.370 Engineering,Legal and Other Prof.Services 15,608 0 0 0 0 47.65.730 CIP Projects 7,378 320,000 320,000 205,000 134,000 Sub-total 22,986 320,000 320,000 205,000 134,000 Capital Purchases 47.69.740 Capital Purchases 5,565 25,000 25,000 5,000 150,000 Sub-total 5,565 25,000 25,000 5,000 150,000 JFF-CRR TOTAL EXPENDITURES 39,404 379,000 379,000 219,000 532,000 Joint Facilites Fund CRR Revenues 2,637,588 2,467,244 2,467,244 2,615,684 2,411,684 Joint Facilites Fund CRR Expenditures 39,404 379,000 379,000 219,000 532,000 Joint Facilites Fund CRR Revenues over Expenditures 2,598,184 2,088,244 2,088,244 2,396,684 1,879,684 TOWN OF FRASER RESOLUTION NO. 2013-12-15 SUMMARIZING EXPENDITURES AND REVENUES FOR EACH FUND AND ADOPTING THE BUDGET FOR THE TOWN OF FRASER, COLORADO FOR THE CALENDAR AND FISCAL YEAR 2014 WHEREAS, The Board of Trustees of the Town of Fraser has appointed the Town Manager to prepare and submit a proposed budget to said governing body at the proper time; WHEREAS, the Town Manager has submitted a proposed budget to said governing body for its consideration; WHEREAS, upon due notice and published in accordance with Colorado Statutes, the budget was available at the Fraser Town Hall and a public hearing was held on Nov. 6; Nov. 20, December 4, and December 11, 2013 giving interested taxpayers the opportunity to file or register any objections to said budget; and WHEREAS, the proposed budget remains in balance, as required by law. NOW THEREFORE, BE IT RESOLVED by the Board of Trustees of the Town of Fraser, Colorado: SECTION 1. That expenditures for each fund are set as follows: General Fund $ 2,669,579 Conservation Trust Fund $ 0 Capital Equipment Replacement Fund $ 95,418 Capital Asset Fund $ 2,250,000 FREP Fund (a Special Revenue Fund) $ 0 Debt Service Fund $ 330,623 Water Fund $ 1,035,053 Wastewater Fund $ 725,493 Joint Facilities Fund - O&M $ 816,009 Joint Facilities Fund - CRR $ 532,000 SECTION 2. That revenues for each fund are estimated as follows: General Fund $ 4,085,033 Conservation Trust Fund $ 6,512 Capital Equipment Replacement Fund $ 534,913 Capital Asset Fund $ 2,250,000 FREP Fund (a Special Revenue Fund) $ 0 Debt Service Fund $ 330,623 Water Fund $ 1,223,628 Wastewater Fund $ 3,344,042 Joint Facilities Fund - O&M $ 1,010,525 Joint Facilities Fund - CRR $ 2,411,684 SECTION 3. Any and all year-end fund balances shall be considered a "reserve increase" and therefore part of the 2013 fiscal year spending, within the meaning of article X, section 20(2)(e) of the Colorado Constitution. That the Budget, as submitted, amended and herein above submitted by fund, hereby is adopted and approved as the Budget for the Town of Fraser for the calendar and fiscal year 2013. That said Budget is hereby approved and made part of the public records of the Town. DULY MOVED, SECONDED, AND ADOPTED THIS 11th DAY OF DECEMBER, 2013. Votes in favor: _ BOARD OF TRUSTEES OF THE Votes opposed: _ TOWN OF FRASER, COLORADO Absent: _ Abstained: _ BY: Mayor ATTEST: (S E A L) Town Clerk County Tax Entity Code DOLA LG1D/SID CERTIFICATION OF TAX LEVIES for NON-SCHOOL Governments TO: County Commissioners' of Grand County , Colorado. On behalf of the Town of Fraser , (taxing entity)a the Board of Trustees (governing body)B of the Town of Fraser (local government)c Hereby officially certifies the following mills to be levied against the taxing entity's GROSS $ 33,285,020 assessed valuation of: (GROSSD assessed valuation,Line 2 of the Certification of Valuation Form DLG 57E) Note: If the assessor certified a NET assessed valuation (AV)different than the GROSS AV due to a Tax Increment Financing(TIF)AreaF the tax levies must be $ 33,285,020 calculated using the NET AV. The taxing entity's total (NETG assessed valuation,Line 4 of the Certification of Valuation Form DLG 57) property tax revenue will be derived from the mill levy multiplied against the NET assessed valuation of: Submitted: 12112113 for budget/fiscal year 2014 (not later than Dec.15) (mm/dd/yyyy) (yyyy) PURPOSE(see end notes for definitions and examples) LEVY REVENUE 1. General Operating Expenses' 5.886 mills $ 195,916 2. <NEnus>Temporary General Property Tax Credit/ Temporary Mill Levy Rate Reduction' < 0 > mills $ < 0 > SUBTOTAL FOR GENERAL OPERATING: 5.886 mills $ 195,916 3. General Obligation Bonds and Interest) 2.404 mills $ 80,000 4. Contractual Obligations' 0 mills $ 0 5. Capital Expenditures'' 0 mills $ 0 6. Refunds/Abatements' 0.0 mills $ 7. Other' (specify): 0 mills $ 0 0 mills $ 0 TOTAL: [r . Imills Sum o f General Operating L 8290 275 916 L Subtotal and Lines 3 to 7 J , Contact person: Daytime (print) Jeffrey Durbin phone: ( 970 ) 726-5491 Signed: Title: Town Manager Include one copy of this tax entity's completed form when filing the local government's budget by January 31st,per 29-1-113 C.R.S.,with the Division of Local Government(DLG),Room 521, 1313 Sherman Street,Deaver, CO 80203. Questions? Call DLG at(303)866-2156 'If the taxing entity's boundaries include more than one county,you must certify the levies to each county. Use a separate form for each county and certify the same levies uniformly to each county per Article X,Section 3 of the Colorado Constitution. 2 Levies must be rounded to three decimal places and revenue must be calculated from the total NET assessed valuation(Line 4 of Form DLG57 on the County Assessor's final certification of valuation). Form DLG 70(rev 7/08) Page 1 of 4 CERTIFICATION OF TAX LEVIES, continued THIS SECTION APPLIES TO TITLE 32,ARTICLE 1 SPECIAL DISTRICTS THAT LEVY TAXES FOR PAYMENT OF GENERAL OBLIGATION DEBT (32-1-1603 C.R.S.). Taxing entities that are Special Districts or Subdistricts of Special Districts must certify separate mill levies and revenues to the Board of County Commissioners, one each for the funding requirements of each debt(32-1-1603, C.R.S.) Use additional pages as necessary. The Special District's or Subdistrict's total levies for general obligation bonds and total levies for contractual obligations should be recorded on Page 1, Lines 3 and 4 respectively. CERTIFY A SEPARATE MILL LEVY FOR EACH BOND OR CONTRACT: BONDS': 1. Purpose of Issue: Series: Date of Issue: Coupon Rate: Maturity Date: Levy: Revenue: 2. Purpose of Issue: Series: Date of Issue: Coupon Rate: Maturity Date: Levy: Revenue: CONTRACTS': 3. Purpose of Contract: Title: Date: Principal Amount: Maturity Date: Levy: Revenue: 4. Purpose of Contract: Title: Date: Principal Amount: Maturity Date: Levy: Revenue: Use multiple copies of this page as necessary to separately report all bond and contractual obligations per 32-1-1603,C.R.S. Form DLG 70(rev 7/08) Page 2 of 4 Notes: A Taxing Entity—A jurisdiction authorized by law to impose ad valorem property taxes on taxable property located within its territorial limits(please see notes B, C,and H below). For purposes of the DLG 70 only,a taxing entity is also a geographic area formerly located within a taxing entity's boundaries for which the county assessor certifies a valuation for assessment and which is responsible for payment of its share until retirement of financial obligations incurred by the taxing entity when the area was part of the taxing entity. For example: an area of excluded property formerly within a special district with outstanding general obligation debt at the time of the exclusion or the area located within the former boundaries of a dissolved district whose outstanding general obligation debt service is administered by another local government. B Governing Body—The board of county commissioners,the city council,the board of trustees,the board of directors,or the board of any other entity that is responsible for the certification of the taxing entity's mill levy. For example: the board of county commissioners is the governing board ex officio of a county public improvement district(PID);the board of a water and sanitation district constitutes ex officio the board of directors of the water subdistrict. c Local Government-For purposes of this line on Page lof the DLG 70,the local government is the political subdivision under whose authority and within whose boundaries the taxing entity was created. The local government is authorized to levy property taxes on behalf of the taxing entity. For example,for the purposes of this form: 1. a municipality is both the local government and the taxing entity when levying its own levy for its entire jurisdiction; 2. a city is the local government when levying a tax on behalf of a business improvement district(BID) taxing entity which it created and whose city council is the BID board; 3. a fire district is the local government if it created a subdistrict,the taxing entity,on whose behalf the fire district levies property taxes. 4. a town is the local government when it provides the service for a dissolved water district and the town board serves as the board of a dissolved water district,the taxing entity,for the purpose of certifying a levy for the annual debt service on outstanding obligations. D GROSS Assessed Value-There will be a difference between gross assessed valuation and net assessed valuation reported by the county assessor only if there is a"tax increment financing"entity(see below), such as a downtown development authority or an urban renewal authority,within the boundaries of the taxing entity. The board of county commissioners certifies each taxing entity's total mills upon the taxing entity's Gross Assessed Value found on Line 2 of Form DLG 57. E Certification of Valuation by County Assessor,Form DLG 57-The county assessor(s)uses this form(or one similar)to provide valuation for assessment information to a taxing entity. The county assessor must provide this certification no later than August 25"'each year and may amend it,one time,prior to December I&. E TIF Area—A downtown development authority(DDA)or urban renewal authority(URA),may form plan areas that use "tax increment financing"to derive revenue from increases in assessed valuation(gross minus net, Form DLG 57 Line 3)attributed to the activities/improvements within the plan area. The DDA or URA receives the differential revenue of each overlapping taxing entity's mill levy applied against the taxing entity's gross assessed value after subtracting the taxing entity's revenues derived from its mill levy applied against the net assessed value. G NET Assessed Value—The total taxable assessed valuation from which the taxing entity will derive revenues for its uses. It is found on Line 4 of Form DLG 57. H General Operating Expenses(DLG 70 Page 1 Line 1)--The levy and accompanying revenue reported on Line 1 is for general operations and includes,in aggregate,all levies for and revenues raised by a taxing entity for purposes not lawfully exempted and detailed in Lines 3 through 7 on Page 1 of the DLG 70. For example: a fire pension levy is included in general operating expenses,unless the pension is voter-approved,if voter-approved, use Line 7(Other). Form DLG 70(rev 7/08) Page 3 of 4 'Temporary Tax Credit for Operations (DLG 70 Page 1 Line 2)—The Temporary General Property Tax Credit/Temporary Mill Levy Rate Reduction of 39-1-111.5,C.R.S.may be applied to the taxing entity's levy for general operations to effect refunds. Temporary Tax Credits(TTCs)are not necessary for other types of levies (non-general operations)certified on this form because these levies are adjusted from year to year as specified by the provisions of any contract or schedule of payments established for the payment of any obligation incurred by the taxing entity per 29-1-301(1.7),C.R.S.,or they are certified as authorized at election per 29-1-302(2)(b), C.R.S. J General Obligation Bonds and Interest(DLG 70 Page 1 Line 3)--Enter on this line the total levy required to pay the annual debt service of all general obligation bonds. Per 29-1-301(1.7)C.R.S.,the amount of revenue levied for this purpose cannot be greater than the amount of revenue required for such purpose as specified by the provisions of any contract or schedule of payments. Title 32,Article 1 Special districts and subdistricts must complete Page 2 of the DLG 70. K Contractual Obligation (DLG 70 Page 1 Line 4)--If repayment of a contractual obligation with property tax has been approved at election and it is not a general obligation bond(shown on Line 3),the mill levy is entered on this line. Per 29-1-301(1.7)C.R.S.,the amount of revenue levied for this purpose cannot be greater than the amount of revenue required for such purpose as specified by the provisions of any contract or schedule of payments. L Capital Expenditures(DLG 70 Page 1 Line S)—These revenues are not subject to the statutory property tax revenue limit if they are approved by counties and municipalities through public hearings pursuant to 29-1- 301(1.2)C.R.S. and for special districts through approval from the Division of Local Government pursuant to 29- 1-302(1.5)C.R.S. or for any taxing entity if approved at election. Only levies approved by these methods should be entered on Line 5. M Refunds/Abatements(DLG 70 Page 1 Line 6)—The county assessor reports on the Certification of Valuation (DLG 57 Line 11)the amount of revenue from property tax that the local government did not receive in the prior year because taxpayers were given refunds for taxes they had paid or they were given abatements for taxes originally charged to them due to errors made in their property valuation. The local government was due the tax revenue and would have collected it through an adjusted mill levy if the valuation errors had not occurred. Since the government was due the revenue,it may levy,in the subsequent year,a mill to collect the refund/abatement revenue. An abatement/refund mill levy may generate revenues up to,but not exceeding,the refund/abatement amount from Form DLG 57 Line 11. 1. Please Note: If the taxing entiby is in more than one county, as with all levies,the abatement levy must be uniform throughout the entity's boundaries and certified the same to each county. To calculate the abatement/refund levy for a taxing entity that is located in more than one county, first total the abatement/refund amounts reported by each county assessor,then divide by the taxing entity's total net assessed value,then multiply by 1,000 and round down to the nearest three decimals to prevent levying for more revenue than was abated/refunded. This results in an abatement/refund mill levy that will be uniformly certified to all of the counties in which the taxing entity is located even though the abatement/refund did not occur in all the counties. N Other (DLG 70 Page 1 Line 7)—Report other levies and revenue not subject to 29-1-301 C.R.S.that were not reported above. For example: a levy for the purposes of television relay or translator facilities as specified in sections 29-7-101,29-7-102,and 29-7-105 and 32-1-1005 (1)(a),C.R.S.; a voter-approved fire pension levy;a levy for special purposes such as developmental disabilities,open space,etc. Form DLG 70(rev 7/08) Page 4 of 4 TOWN OF FRASER RESOLUTION NO. 2013-12-16 LEVYING PROPERTY TAXES FOR THE YEAR 2013 TO HELP DEFRAY THE COSTS OF GOVERNMENT FOR FRASER, COLORADO, FOR THE BUDGET YEAR 2014 WHEREAS, the Board of Trustees of the Town of Fraser has adopted the annual budget in accordance with all Local Government Laws, on December 11, 2013; and WHEREAS, the 2013 final valuation for Fraser, as certified by the County Assessor on November 26, 2013, is $ 33,285,020. NOW, THEREFORE, BE IT RESOLVED by the Board of Trustees of the Town of Fraser, Colorado: SECTION 1. That for the purpose of meeting all general operation expenses of the Town during the 2014 Budget year, there is hereby levied a tax of 5.886 mills upon each and every dollar of valuation for assessment of all properties within the Town of Fraser for the year 2013. Based upon the November 26, 2013 final assessed valuation certification as provided by the County Assessor, this would result in an amount of $ 195,916. SECTION 2. That for the purpose of meeting all general obligation bond debt of the Town during the 2014 Budget year, there is hereby levied a tax in an amount appropriate to raise $ 80,000, currently 2.404 mills, based upon the November 26, 2013 final assessed valuation certification as provided by the County Assessor, upon each and every dollar of valuation for assessment of all properties within the Town of Fraser for the year 2013. SECTION 3. That the Town Clerk is hereby authorized and directed to immediately certify to the County Commissioners of the County of Grand, the mill levies for the Town of Fraser as herein above described and fixed. DULY MOVED, SECONDED, AND ADOPTED THIS 11th DAY OF DECEMBER, 2013. Votes in favor: _ BOARD OF TRUSTEES OF THE Votes opposed: _ TOWN OF FRASER, COLORADO Absent: _ Abstained: _ BY: Mayor ATTEST: (S E A L) Town Clerk TOWN OF FRASER RESOLUTION NO. 2013-12-17 APPROPRIATING SUMS OF MONEY TO VARIOUS FUNDS AND SPENDING AGENCIES, IN THE AMOUNT AND FOR THE PURPOSE AS SET FORTH BELOW, FOR THE TOWN OF FRASER, COLORADO FOR THE BUDGET YEAR 2013 WHEREAS, the Board of Trustees of the Town of Fraser has adopted the annual budget in accordance with Colorado's Revised Statutes on December 11, 2013; WHEREAS, the Board of Trustees has made provisions therein for the revenues in an equal amount or greater than the total expenditures as set forth in said budget; and WHEREAS, it is not only required by law, but necessary to appropriate the revenues provided in the budget to and for the purposes described below, so as not to impair the operations of the Town of Fraser, Colorado. NOW, THEREFORE, BE IT RESOLVED by the Board of Trustees of the Town of Fraser, Colorado as follows: SECTION 1. The following sums of money are appropriated from the revenues provided of each fund, for the purposes stated: General Fund $ 2,669,579 Conservation Trust Fund $ 0 Capital Equipment Replacement Fund $ 95,418 Capital Asset Fund $ 2,250,000 FREP Fund (a Special Revenue Fund) $ 0 Debt Service Fund $ 330,623 Water Fund $ 1,035,053 Wastewater Fund $ 725,493 Joint Facilities Fund - O&M $ 816,009 Joint Facilities Fund - CRR $ 532,000 SECTION 2. Any and all year-end fund balances shall be considered a "reserve increase" and therefore part of the 2014 fiscal year spending, within the meaning of article X, section 20(2)(e) of the Colorado Constitution. DULY MOVED, SECONDED, AND ADOPTED THIS 11th DAY OF DECEMBER, 2013. Votes in favor: _ BOARD OF TRUSTEES OF THE Votes opposed: _ TOWN OF FRASER, COLORADO Absent: _ Abstained: _ BY: Mayor ATTEST: (S E A L) Town Clerk TOWN OF FRASER RESOLUTION NO. 2013-12-18 ADOPTING FEES FOR WATER AND SEWER SERVICE IN THE TOWN OF FRASER, COLORADO WHEREAS, pursuant to the Town Code, the Board of Trustees may adjust fees as necessary for the operation of municipal services; WHEREAS, the Town of Fraser last raised water and sewer rates January 1, 2012; WHEREAS, costs associated with utilities and equipment necessary to operate and maintain the systems continue to increase. WHEREAS, the Town Board recognizes the financial challenges faced by our customers NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF FRASER, COLORADO THAT the 2014 rates shall be increased and the following rates are effective January 1, 2013 1. Rates for water service shall include a base rate and a consumption rate as follows: a. The Water Base Rate shall be $135.50 per quarter per Single Family Equivalent (SFE), billed quarterly. b. The Water Consumption Rate shall be: 1. Tier 1 - $1.50 per 1,000 gallons 2. Tier 2 - $1.50 per 1,000 gallons 3. Tier 3 - $1.50 per 1,000 gallons 2. The Water Base Rate for a Water Using Unit with un-metered water service shall be determined by using the water service line size in lieu of the water meter size. The Water Consumption Rate for a Water Using Unit with un-metered water service shall be $250.00 per SFE per quarter. 3. Fraser Firming Fee for North/Blue Service Area $14.12 per Single Family Equivalent (SFE), billed quarterly. 4. Rates for Sewer Service shall be $141.00 per quarter per Single Family Equivalent (SFE), billed quarterly. 5. Tampering with a water meter shall be subject to the General Penalty provisions of the Town Code Section 1-4-10 (up to $1,000 per violation). 6. On and off charges pursuant to Section 13-2-260 shall be $50.00 7. A property owner that requests a water meter calibration certification will be responsible for all costs associated with the calibration unless the meter is determined to be faulty. 8. Bulk Water Permit water rates shall be $10.00 per 1,000 gallons. DULY MOVED, SECONDED, AND ADOPTED THIS 11th DAY OF DECEMBER, 2013. Votes in favor: _ BOARD OF TRUSTEES OF THE Votes opposed: _ TOWN OF FRASER, COLORADO Absent: _ Abstained: _ BY: Mayor ATTEST: (S E A L) Town Clerk TOWN OF FRASER RESOLUTION NO. 2013-12-19 ADOPTING AN AMENDED BUDGET FOR THE TOWN OF FRASER, COLORADO FOR THE CALENDAR AND FISCAL YEAR 2013 WHEREAS, the Byers Peak Ranch negotiations resulted in reimbursable professional services in excess of anticipated expenditures; and WHEREAS, these expenditures were reimbursed by Byers Peak Properties resulting in unbudgeted revenues; and WHEREAS, these unbudgeted expenditures require an amendment to the 2013 Budget. NOW THEREFORE, BE IT RESOLVED by the Board of Trustees of the Town of Fraser, Colorado: That the 2013 Amended Budget, as submitted, and herein above submitted by fund, hereby is adopted and approved as the Budget for the Town of Fraser for the calendar and fiscal year 2013. That said Budget is hereby approved and made part of the public records of the Town. DULY MOVED, SECONDED, AND ADOPTED THIS 11th DAY OF DECEMBER, 2013. Votes in favor: _ BOARD OF TRUSTEES OF THE Votes opposed: _ TOWN OF FRASER, COLORADO Absent: _ Abstained: _ BY: Mayor ATTEST: (S E A L) Town Clerk 2014 Budget Overview and Budget Message Introduction This Overview and Budget Message is provided as part of the Town of Fraser 2014 Budget. Like most resort municipalities in Colorado, the recession has challenged our ability to continue to provide essential services given the dramatic revenue declines we have experienced. However, the organization was pre - positioned for the recession via the financial strategies that were adopted after experiencing similar declines beginning in 2004 (after City Market opened in Granby) and has continued to perform well during the recession. Despite reduced revenues, increased levels of service, and significant capital projects; fund balance and reserves have been increased in the General Fund, the Water Fund, the Wastewater Fund, and the Capital Equipment Replacement Fund. Mayor Smith and the Board of Trustees have expressed a strong commitment to ensuring the fiscal sustainability of the organization. During September and October of 2013, the entire Town Board met as the Budget Committee evaluating proposed expenditures, revenue trends, and the long term fiscal sustainability of the organization as we worked on the preliminary 2014 Budget. The 2014 Budget does include some deficit spending (defined as expenditures that exceed 2014 new revenues), but in 2012 the Town Board established a goal that such spending should not be relied on for operational purposes, and should only be considered for capital projects or emergency expenditures. This remains a foundation of our 2014 Budget. In general, the 2014 Budget is very similar to the 2013 Budget except for the following: • It provides for minor increased costs and expenditures across all Funds. • With the exception of water and sewer service fees, revenue projections are conservative and do not anticipate significant increases. • A $2,250,000 expenditure is proposed in the Capital Asset Fund for the Fraser US 40 Improvement Project (between Kings Crossing and the Fire Station). Grand Park, Rendezvous, and the Colorado Department of Transportation will provide the funding for this project. • In 2013 voters overturned Town Board action approving an annexation agreement for Byers Peak Ranch. Despite disagreement regarding the merits and problems with the annexation, the Town of Fraser is lacking critical water infrastructure in the form of augmentation storage facilities. While further deliberations are necessary to redefine a course of action, the Water Fund is positioned to facilitate work on this matter. The Town Board has identified this as the top priority for 2014. • The Wastewater Fund is positioned to continue our efforts to identify and address sources of infiltration into the collections system. The Town Board identifies this as priority work given the potential for significant state required capital projects in the near future absent resolution of our major sources of infiltration. • The General Fund includes several new initiatives as outlined below. Page 1 of 15 In addition to the baseline services provided for in the 2014 Budget, the Town Board has proposed several new, restructured, and /or expanded initiatives. These include: General Fund: $95,000 for economic development programs; proposed programs include economic development planning, market analysis studies, streetscape enhancements, and an expanded business enhancement grant program (these will be subject to further Town Board programming and authorizations in 2014); $20,000 for environmental sustainability planning; this initiative begins with a comprehensive look at solid waste management programs (including trash collection, recycling, and plastic bags), issues, and opportunities and is proposed to also include discussions on other matters that may provide more efficient operations that are also more environmentally sustainable (such as streetlight retrofits); $20,000 for community visioning; this program will build on recent efforts such as the Community Revitalization Program and the Chamber Branding Program with the intent of further defining our community character, strengths, and weaknesses; $100,000 for matching funds for an open space project (which would leverage additional grant funding toward project expenditures up to $400,000); the specific project will be selected from a variety of proposed projects in 2014; $40,000 for enhanced digital records management; Additionally, the Town Board hopes to add a new community event in 2014. Capital Asset Fund $2,250,000 for the Fraser US Hwy 40 Enhancement project (signalization and capacity improvements at the south end of town which would be funded by Grand Park, Rendezvous, and CDOT); the 2013 fund balance in this Fund is being transferred into reserve in the CAF for future street projects. This action allows the CAF to be used as the financial management tool for this significant project such that efficient and transparent accounting can be provided to all project partners. Water Fund $100,000 to initiate project planning for the Fraser Firming Project (augmentation storage facilities for the "North System /Blue Zone "); the initial phase of this work in 2014 will be alternative analysis and defining the scope and scale of the proposed project. It is expected that additional funding will be necessary before the implementation /construction phase (which will require additional funding in future years); this infrastructure project is necessary for sustainable water service to the North System /Blue Zone (whereas Rendezvous and Grand Park have constructed and financed such facilities for their developments pursuant to the requirements of those Page 2 of 15 Annexation Agreements), accordingly the Town Board has established an additional fee (the Fraser Firming Fee) which will be assessed to properties outside Rendezvous and Grand Park for this purpose; any revenues resulting from this fee not expensed in 2014 will be reserved specifically for this project in future years; or a potential customer credit. In addition to routine operations and maintenance, and capital projects, the Town Board is seeking to address insufficient reserves in the Fund which have resulted from years of water rates that were kept low via use of General Fund subsidies and use of Plant Investment Fees for operations (rather than being set aside for future capital projects). Accordingly, the Town Board has implemented an 8% base rate service fee increase. Wastewater Fund While the Wastewater Fund has much more substantial reserves than the Water Fund, it too faces significant financial liabilities in the near term including expansion of the capacity at the Wastewater Treatment Plant and additional treatment processes requiring significant capital expenditures. Infiltration of groundwater into the collection system poses a significant problem for treatment plant operations and compliance with our permit conditions, the most significant sources of this infiltration are manholes in need of repair and private service line deficiencies. In addition to routine operations and maintenance, and capital projects, the Town Board is seeking to enhance reserves and provide funds to continue progress toward addressing infiltration in the collections system, thus the Town Board has implemented an 8% base rate service fee increase. The baseline services provided for in the 2014 budget include: Public Works, including maintenance of streets, trails, and parks; Water production and distribution to Fraser residents and guests; Wastewater collections and treatment; Operation of the Upper Fraser Valley Wastewater Treatment Facility on behalf of the Town of Fraser, Winter Park Ranch Water and Sanitation District, and Grand County Water and Sanitation District #1; Administrative services including financial and records management, and general municipal administration; Community Development, including planning review of new development, long range strategic planning, and other planning and building services; and Provision of Law Enforcement (including municipal court and animal control) and Building Inspection Services via intergovernmental agreements with the Town of Winter Park. Page 3 of 15 Budget Process The budgeting process is continuous throughout the year, as we continually monitor revenues and expenses against the current adopted budget. Budget development for the following year begins mid -year in the offices of the Town Manager and Finance Director as trends are identified and work plans for the current year are evaluated. Around this time budget requests and proposals for the following year start to be identified and are submitted by department heads, the Town Board, and other outside entities. Formal discussions with the Town Board are typically initiated in August. The Town Board appoints a Budget Committee, which acts as a sub - committee of the Town Board to begin preparing the preliminary budget. In 2013 the entire Town Board participated in Budget Committee meetings. These are public meetings and are posted accordingly. In 2014, the Budget Committee met on August 20th and October 8th While only one public hearing is required, the Town of Fraser hosts three public hearings to ensure that the community has ample opportunity to engage in this process. In 2013, the Town Board conducted four hearings (November 6th, November 20th, December 4th, and December 11th) Despite discussing the budget during numerous public meetings and encouraging the community to attend these meetings, turnout at these meetings is typically minimal. The lack of public participation is always disappointing as we believe the Town Budget is one of the most important matters considered by the Town Board that directly affects every resident, guest, business, and property owner within the community. Nonetheless, we are proud of the dedication and effort committed to this document on behalf of the community and its future. Page 4 of 15 Budget Basis The 2014 budget is presented and submitted in accordance with the laws of the State of Colorado and has been prepared using the Modified Accrual basis of accounting. Under this method, the focus is on current financial resource measurement whereby revenues are recognized when they become both measurable and available (except for unmarred interest on long -term debt which is recognized when due). Measurable means the amount of the transaction that can be determined and available means collectible within the current period or soon enough thereafter to be used to pay liabilities of the current period. The budgets for the enterprise funds are prepared using the accrual basis of accounting, meaning that revenues and expenses are recognized when they are earned or incurred. Funds The Town's Budget includes the following funds: the General Fund, Conservation Trust Fund. Debt Service Fund, the Capital Asset Fund. Capital Equipment Replacement Fund, the Petersen Trust Fund, the FREP Fund, the Water Fund, the Wastewater Fund, the Joint Facilities Fund O &M, and the Joint Facilities Fund CRR. 2014 Projected Revenues - By Funds (excluding transfers & carryover funds) Debt Service Fund 1.20% Capital Equip Replacement Fund 0.65% Conservation Trust Fund 0.09% General Fund 31.04% Wastewater Fund 10.39% Joint Facilities Fund - O&M 05% Joint Facilities Fund - CRR 0.22% Total 2014 Revenue $6,919,704 (excluding transfers and carryovers) Page 5 of 15 As provided by the 2014 Budget, General Fund expenditures total $2,669,579 with $2,147,700 new revenues. These expenditure continue to provide all baseline health, safety and welfare services required by the Statutes and as directed by the Town Board. The proposed budget includes lease /purchase agreements as outlined in the attached supplemental lease /purchase information. The conservative revenue and expenditure projections provided within the 2014 Budget position the Town to remain fiscally sound through the near term despite economic conditions. Staff and the Budget Committee expect to continue to monitor revenues and are prepared to reconvene throughout 2014 as needed. It is the policy of the Town Board to avoid the use of reserves for operating expenses. The General Fund is reliant upon Sales Tax Revenues, as such economic development initiatives are of critical importance to the viability of the general services provided by the Town of Fraser. During times of significant new development, Use Tax Revenues can be significant, yet these one -time revenues cannot be relied upon for operations (they have been used to build reserves and for capital projects). While many Fraser property owners grumble when they receive their property tax bill, it is important to look at the breakdown of taxes. Of the total tax bill for a Fraser property owner, only 8.290 Mills are due to the Town of Fraser. $3,500,000 $3,000,000 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $- General Fund Revenue 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 J Sales Tax u Use Tax 11 Property Tax o Other Revenues Page 6 of 15 2014 Projected General Fund Revenues Charges for Licenses & Services Permits 0.23% 1.61% Other Taxes 2.52% Use Tax Property Tax 9.46% 4.67% Miscellaneous 4.50% Between 1999 and 2003 General Fund Expenditures were markedly higher as a result of the Street Pavement Project. After completion of this project overall expenditures decreased, yet expenditures remained on an increasing trend as development was booming and the Town was growing and adding programs /services. In 2007/2008 expenditures peaked and thereafter the Budget message was "Shave everywhere you can, but don't panic, we've prepared for this and will weather the downturn with reserves we've built as a result of new development." The slow recovery was met with efforts in 2011 and 2012 to improve our local business environment via special projects and programs. During 2014, the Town will continue with these efforts, but under much more conservative fiscal allocations. $3,000,000 — $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $- General Fund Expenditures 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Page 7 of 15 p FELSBURG HOLT & ULLEVIG US 40/ 1st Street Intersection- Long Term Future Conceptual Plan The Capital Asset Fund was created to provide for capital expenditures related to the Towns property assets including parks, buildings, and streets. In 2014, this Fund will be used for financial management of the Fraser US 40 Improvement Project. This project includes signalization and capacity improvements between Kings Crossing and the Fire Station as outlined on the conceptual plan above. The $2,250,000 project will be funded by Grand Park, Rendezvous, and the Colorado Department of Transportation. The Town of Fraser will manage the construction project. The FREP Fund (Fraser River Enhancement Project) was established for the administration of this complex project. Accurate tracking for project partners and to ensure reimbursement of grant expenses from Great Outdoors Colorado was important and provided by this fund. No new revenues or expenses are proposed within this fund, this fund is currently inactive. The Debt Service Fund tracks all revenues and expenditures related to Fraser's long- term debt, all of which paid for capital improvements throughout Town. New revenues in the fund are $330,623. Planned expenditures are $330,623 which leaves an estimated fund balance of $0. Page 8 of 15 New revenues in the Water Fund in 2014 are $1,273,628 (including carry forward balance). Proposed expenditures for 2014 total $1,085,053. Despite fiscal challenges faced by both the Water and Wastewater funds, the Town Board elected to keep rates flat in 2012 due to concern with ratepayers financial strength. It was with regret that the Town Board increased customer's water /sewer bill by 8% in 2014, but given the challenges our utilities face and the many years of deferred maintenance, rate increases are an unfortunate inevitability. Rate per Month $160 $140 $120 $100 $80 $60 $40 $20 $- Utility Rate History • $250.00 $200.00 $150.00 $100.00 $50.00 $- 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 • Water Local Area Residential Utility Rates Grand County #1 Sewer Winter Park Ranch Tabernash Meadows Town of Fraser 1 Water Rate a Sewer Rate Property Tax Mill Levy Rates based on a $300,000 Single Family Home with water usage of 4,000 gallons per month Page 9 of 15 The Wastewater Fund provides for revenues and expenditures related to collection and treatment of wastewater. New revenues are $719,056 with proposed 2014 expenditures of $725,493. The Petersen Trust Fund was established to administer $50,000 provided to the Town of Fraser by the Estate of Larry Petersen. Those funds have been dedicated to restoration of an historic fire engine (funded), flag poles at the ball fields (complete), dugouts at the Aksel Nielson Ball field (completed in 2006), improvements at the Historic Church (completed in 2007) and a trail extension to connect a regional trail into Town (completed in 2012). In 2012 this fund was fully expended. $30,000 $25,000 - $20,000 - $15,000 - $10,000 - $5,000 - Larry Petersen Bequest ($50,000) Project Funding $6,411 $3,000 $3,351 $25,965 $11 600 EGFPD Historic Fire Fraser Balfields Axel Nielsen Fraser Historic Petersen Bridge Truck Ballfields - dugouts Church/Community Center These funds were leveraged against additinal Town of Fraser, Fire District, FVMRD, Grand County, and HTA expenditures and in -kind services resulting in well over $150,000 in actual expenditures, and over $200,000 in improvements As a result of our work with the Joint Facilities Fund in 2010, we have established two additional funds, the Joint Facilities Fund — O &M and the Joint Facilities Fund — CRR. These funds replace the Joint Facility Fund and allow the Town (acting as Manager of the Joint Facilities, operating the Upper Fraser Valley Wastewater Treatment Facility on behalf of the members of the Joint Facilities Agreement) to account for the revenues and expenditures in a manner that provides for effective tracking and cost sharing among the members. Revenues in the Joint Facilities Fund O &M for 2014 are projected at $1,010,525 with expenditures of $816,009. Revenues in the Joint Facilities Fund CRR are projected at $2,411,684 with expenditures of $532,000. Page 10 of 15 2014 Projected Expenditures - By Category All Funds Capital Expenditures 45.61% Salaries & Benefits 16.86% Local Government Shared Services 10.92% Outside _/ Professional Services 8.39% Misc Operating Expenditures 6.09% Debt Services J 4.97% Operating Materials 2.96% Total Expenditures $8,504,175 All Funds, includes carryover balances and transfers Property Management 2.78% The Town of Fraser is dedicated to providing a high level of service to its customers in the most efficient, economical, and effective manner. Unlike many service providers, while our labor costs may seem high they do not encumber the majority of our expenditures and we are able to provide a higher level of service than comparable organizations. Page 11 of 15 2014 Budget Expendures - by Town Program Public Safety $412,080 Streets $527,438 Admin /General $740,491 General PW $306,965 Snow Mgmt $277,445 Wastewater $989,493 Water $1,218,053 Open Space /Gardens /Park Trails $260,315 Economic Development $148,945 Public Transportation $50,000 Special Events $50,000 Page 12 of 15 Acknowledgements We thank all those who have been engaged in this process and those who will engage in 2014. Town Staff has worked hard to prepare a thorough budget document and will continue to work diligently toward a better future for the community. The dedication, commitment, and efforts of the entire Town Board throughout this effort are unprecedented. On behalf of the community, we express our thanks for all these efforts. Supplemental Lease /Purchase Information (Required by C.R.S. 29 -1 -103 (d) (11)) Page 13 of 15 General Fund FroDo Property Year Principal Interest Total 2014 - 2018 $106,294 $85,575 $191,869 2019 - 2023 $135,403 $56,466 $191,869 2024 - 2028 $153,298 $19,386 $172,684 Capital Equipment Replacement Fund Street Sweeper Year Principal Interest Purchase Price 2014 $40,938.26 $4,479.61 $130,319.30 2015 $42,014.94 $3,402.93 $87,846.65 2016 $43,119.93 $2,297.94 $44,414.11 2017 $44,254.00 $1,163.87 $0 Page 14 of 15 ► m i • m • o ► r • s r ► • r ► ® r • ® ® • r r i • • E ® i s ► ► ► cr m m r i • • • • ► ► • 0 • • ► • ► 1 e s r t r s • t e, rs 1 ' i a k v v 1 • " • • • Y ■• � t } ► �n � 4 fi IL 5