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HomeMy WebLinkAbout2017_11_28 CC PKTCity Council City of Brookings Meeting Agenda Brookings City Council Brookings City & County Government Center 520 3rd St., Suite 230 Brookings, SD 57006 Phone: (605) 692-6281 Fax: (605) 692-6907 "We are an inclusive, diverse, connected community that fuels the creative class, embraces sustainability and pursues a complete lifestyle. We are committed to building a bright future through dedication, generosity and authenticity. Bring your dreams!" Council Chambers5:30 PMTuesday, November 28, 2017 The City of Brookings is committed to providing a high quality of life for its citizens and fostering a diverse economic base through innovative thinking, strategic planning, and proactive, fiscally responsible municipal management. 5:30 PM EXECUTIVE SESSION Location: Executive Session Room, Room 312 ID 2017-0664 Executive Session, pursuant to SDCL 1-25-2, for purposes of discussing marketing or pricing strategies by a board or commission of a business owned by the state or any of its political subdivisions, when public discussion may be harmful to the competitive position of the business. Action: Motion to Enter into Executive Session, Voice Vote Action: Motion to Exit Executive Session, Voice Vote 6:00 PM REGULAR MEETING Location: Chambers, Room 310 1. Call to Order / Pledge of Allegiance. 2. Record of Council Attendance. 3. Consent Agenda: Action: Motion to Approve, Request Public Comment, Roll Call Matters appearing on the Consent Agenda are expected to be non-controversial and will be acted upon by the Council at one time, without discussion, unless a member of the Council or City Manager requests an opportunity to address any given item. Items Page 1 City of Brookings November 28, 2017City Council Meeting Agenda removed from the Consent Agenda will be discussed at the beginning of the formal items. Approval by the Council of the Consent Agenda items means that the recommendation of the City Manager is approved along with the terms and conditions described in the agenda supporting documentation. 3.A. Action to approve the agenda. 3.B.ID 2017-0668 Action to approve the October 24, 2017 City Council Minutes. 10/24/2017 MinutesAttachments: 3.C.ID 2017-0595 Action on annual Liquor and Wine Alcohol License Renewals for 2018. 3.D.RES 17-084 Action on Resolution 17-084, a Resolution authorizing the City Manager to sign a SD Farm Wine Operating Agreement 5-year renewal for the Blizzard, LLC, Chris Canavati & Mitri Canavati, owners, 924 32nd Ave., legal description: Blocks 6 and 7, Wiese Addition. Resolution Operating Agreement Attachments: 3.E.RES 17-106 Action on Resolution 17-106, a Resolution declaring furniture and computers as surplus property (Public Library). ResolutionAttachments: 3.F.RES 17-099 Action on Resolution 17-099, a Resolution declaring a 973 Track Machine as Surplus Property (Landfill/Solid Waste Dept.). ResolutionAttachments: 3.G.RES 17-098 Action on Resolution 17-098, a Resolution awarding the contract for the purchase of one new Track Machine for the Landfill through the National Joint Powers Alliance. ResolutionAttachments: 3.H.RES 17-097 Action on Resolution 17-097, a Resolution awarding the contract for the purchase of a new Vacuum Truck for Solid Waste Collection through the National Joint Powers Alliance. ResolutionAttachments: 3.I.RES 17-109 Action on Resolution 17-109, a Resolution amending the Building Permit Fee for Certain Building Projects. Resolution - clean copy Resolution 87-05 - marked copy Attachments: 3.J.RES 17-110 Action on Resolution 17-110, a Resolution Fixing Time and Place for Hearing Upon the Assessment Roll for the 2017 Assessment of the 2014-02STA Main Avenue South and 26th Street South Reassessment. ResolutionAttachments: Page 2 City of Brookings November 28, 2017City Council Meeting Agenda 3.K.RES 17-108 Action on Resolution 17-108, a Resolution Authorizing Change Order No. 1 (Final) for 2017-01SWR Concrete Maintenance Project; Clark Drew Construction, Inc. ResolutionAttachments: 3.L.RES 17-107 Action on Resolution 17-107, a Resolution awarding the contract for the purchase of two (2) New 2018 Pick-ups, a Chevrolet Silverado ¾ Ton 4x4 Extended Cab Short Box and a Chevrolet Silverado 4x4 Crew Cab for the Parks, Recreation & Forestry Dept. (Parks) through the SD State Bid Contract. ResolutionAttachments: 3.M.RES 17-111 Action on Resolution 17-111, a Resolution awarding the contract for the purchase of one New John Deere 624K Loader for the City of Brookings Street Department through Admin Minnesota. ResolutionAttachments: 3.N.ID 2017-0698 Action on a Preliminary Plat for Block 3 and Lots 1-10, Block 4, D and D Addition, a portion of 7th Avenue South, and a portion of 15th Street South. Planning Commission Minutes 11-07-2017 Hearing Notice Preliminary Plat Area Map Attachments: 4. Items removed from Consent Agenda. Action: Motion to Approve, Request Public Comment, Roll Call 5. Open Forum/Presentations/Reports: 5.A. Open Forum. At this time, any member of the public may request time on the agenda for an item not listed. Items are typically scheduled for the end of the meeting; however, very brief announcements or invitations will be allowed at this time. 5.B. SDSU Student Association Report. 5.C.ID 2017-0671 Brookings Municipal Utilities Financial Report. PresentationAttachments: 5.D.ID 2017-0701 Informational presentation pertaining to Transitional Housing. 6. Contracts/Change Orders: 6.A.RES 17-102 Action on Resolution 17-102, a Resolution authorizing Change Orders No. Page 3 City of Brookings November 28, 2017City Council Meeting Agenda 1 and No. 2 (Final) for the Brookings Arts Council Renovation (Carnegie Building) Project; Visions Construction Group of Tea, SD. Resolution Change Order Detail Attachments: Motion: Action to Approve, Request Public Comment, Roll Call 6.B.RES 17-101 Action on Resolution 17-101, a Resolution awarding a contract for the construction of a new Sexauer Park Restroom Facility. ResolutionAttachments: Motion: Action to Approve, Request Public Comment, Roll Call 6.C.RES 17-105 Action on Resolution 17-105, a Resolution Authorizing Change Order No. 1 (Final) for 2017-08STI Street Maintenance & Overlay Project; Bowes Construction, Inc. ResolutionAttachments: Motion: Action to Approve, Request Public Comment, Roll Call 7. Ordinance First Readings: No vote is taken on the first reading of an Ordinance. The title of the Ordinance is read and the date for the public hearing is announced. 7.A.ORD 17-025 Introduction and First Reading on Ordinance 17-025, an Ordinance revising Division 3 of Chapter 82 of the Code of Ordinances of the City of Brookings and Pertaining to Speed Zones in the City of Brookings, South Dakota. Second Reading: December 12, 2017. Ordinance - clean copy Ordinance - marked copy TSC Minutes 9/10/2015 Attachments: 7.B.ORD 17-026 Introduction and First Reading on Ordinance 17-026, an Ordinance amending Section 94-398 of the Zoning Ordinance, pertaining to fences, walls, and hedges. Public Hearing: December 12, 2017. Ordinance - clean copy Ordinance - marked copy Planning Commission Minutes 9/5/2017, 10/3/2017, 11/7/2017 Hearing Notice Comparison Chart Attachments: 7.C.ORD 17-027 Introduction and First Reading on Ordinance 17-027, an Ordinance amending Section 42-102 of the Code of Ordinances of the City of Brookings, SD and pertaining to Transfers to the Brookings Health System Investment Authority. Second Reading: December 12, 2017. OrdinanceAttachments: Page 4 City of Brookings November 28, 2017City Council Meeting Agenda 7.D.ORD 17-028 Introduction and First Reading on Ordinance 17-028, an Ordinance amending Chapter 2, Article V, Division 4 pertaining to appointments to the Swiftel Center Advisory Board. Second Reading: December 12, 2017. Ordinance - clean copy Ordinance - marked copy Attachments: 7.E.ORD 17-029 Introduction and First Reading on Ordinance 17-029, an Ordinance amending Chapter 22 of the Code of Ordinances of the City of Brookings and providing Procedures for the Licensing of Residential Contractors in the City of Brookings, SD. Second Reading: December 12, 2017. Ordinance Chart Attachments: 7.F.ORD 17-030 Introduction and First Reading on Ordinance 17-030, an Ordinance authorizing Supplemental Appropriation #3 to the 2017 Budget. Second Reading: December 12, 2017. OrdinanceAttachments: 8. Public Hearings and Second Readings: 8.A.ORD 17-024 Public Hearing and Action on Ordinance 17-024, an Ordinance rezoning Lot 1A of Lot 1, Block 1, Except the North 41 feet thereof, Mayland’s First Addition, also known as 520 22nd Avenue, from a Business B-4 Highway District to a Business B-2 District. Ordinance Notice 10-03-2017 Planning Commission Minutes Zoning Area Map Rezoning Map Attachments: Action: Open & Close Public Hearing, Motion to Approve, Roll Call Legislative History 10/24/17 City Council read into the record 8.B.ID 2017-0716 Public Hearing with respect to South Dakota State University Projects and the Issuance of Bonds under South Dakota Codified Laws Chapter 9-54, as Amended. Legal NoticeAttachments: Action: Open & Close Public Hearing 9. Other Business: 9.A.RES 17-104 Action on Resolution 17-104, a Resolution of the City of Brookings, South Dakota, authorizing the Issuance of its Economic Development Revenue Page 5 City of Brookings November 28, 2017City Council Meeting Agenda Bonds (South Dakota State University Foundation Project), Series 2017, in an Original Aggregate Principal Amount not to exceed $9,700,000, for the purpose of providing funds to be loaned to South Dakota State University Foundation, a South Dakota Nonprofit Corporation, for the purpose of Financing Improvements to the Campus of South Dakota State University; approving the form of and authorizing the execution and delivery of a Loan and Security Agreement and a Tax Regulatory Agreement; approving the form of and authorizing the execution and delivery of the Bonds and certain related documents; making certain Findings and Determinations with respect to the Bonds; and providing for the Rights and Remedies of the Holders of the Bonds. Resolution Loan & Security Agreement SDSU - Bond SDSU - Foundation Promissory Note Legal Notice Attachments: Action: Motion to Approve, Roll Call 10. City Council member introduction of topics for future discussion. Any Council Member may request discussion of any issue at a future meeting only. Items cannot be added for action at this meeting. A motion and second is required stating the issue, requested outcome, and time. A majority vote is required. 11. Adjourn. Brookings City Council: Keith Corbett, Mayor, Mary Kidwiler, Deputy Mayor & Council Member Council Members Patty Bacon, Dan Hansen, Ope Niemeyer, Holly Tilton Byrne, and Nick Wendell Council Staff: Jeffrey W. Weldon, City Manager Steven Britzman, City Attorney Shari Thornes, City Clerk View the City Council Meeting Live on the City Government Access Channel 9. Rebroadcast Schedule: Wednesday 1:00pm/Thursday 7:00pm/Friday 9:00pm/Saturday 1:00pm The complete City Council agenda packet is available on the city website: www.cityofbrookings.org Assisted Listening Systems (ALS) are available upon request. Please contact Shari Thornes, Brookings City Clerk, at (605)692-6281 or sthornes@cityofbrookings.org. If you require additional assistance, alternative formats, and/or accessible locations consistent with the Americans with Disabilities Act, please contact Shari Thornes, City ADA Coordinator, at (605)692-6281 at least three working days prior to the meeting. Page 6 City of Brookings City of Brookings Staff Report Brookings City & County Government Center, 520 Third Street Brookings, SD 57006 (605) 692-6281 phone (605) 692-6907 fax File #:ID 2017-0664,Version:1 Executive Session, pursuant to SDCL 1-25-2, for purposes of discussing marketing or pricing strategies by a board or commission of a business owned by the state or any of its political subdivisions, when public discussion may be harmful to the competitive position of the business. 1-25-2. Executive or closed meetings--Purposes--Authorization--Misdemeanor. Executive or closed meetings may be held for the sole purposes of: 1) Discussing the qualifications, competence, performance, character or fitness of any public officer or employee or prospective public officer or employee. The term “employee” does not include any independent contractor; 2) Discussing the expulsion, suspension, discipline, assignment of or the educational program of a student; 3) Consulting with legal counsel or reviewing communications from legal counsel about proposed or pending litigation or contractual matters; 4) Preparing for contract negotiations or negotiating with employees or employee representatives; 5) Discussing marketing or pricing strategies by a board or commission of a business owned by the state or any of its political subdivisions, when public discussion may be harmful to the competitive position of the business. However, any official action concerning such matters shall be made at an open official meeting. An executive or closed meeting shall be held only upon a majority vote of the members of such body present and voting, and discussion during the closed meeting is restricted to the purpose specified in the closure motion. Nothing in § 1-25-1 or this section may be construed to prevent an executive or closed meeting if the federal or state Constitution or the federal or state statutes require or permit it. A violation of this section is a Class 2 misdemeanor. Source: SL 1965, ch 269; SL 1980, ch 24, § 10; SL 1987, ch 22, § 1. City of Brookings Printed on 11/21/2017Page 1 of 1 powered by Legistar™ City of Brookings Staff Report Brookings City & County Government Center, 520 Third Street Brookings, SD 57006 (605) 692-6281 phone (605) 692-6907 fax File #:ID 2017-0668,Version:1 Action to approve the October 24, 2017 City Council Minutes. Attachments: 10/24/2017 Minutes City of Brookings Printed on 11/17/2017Page 1 of 1 powered by Legistar™ Brookings City Council October 24, 2017 (unapproved) The Brookings City Council held a meeting on Tuesday, October 24, 2017 at 5:00 p.m., at City Hall with the following City Council members present: Mayor Keith Corbett, Council Members Mary Kidwiler, Dan Hansen, Holly Tilton Byrne, Nick Wendell, Patty Bacon, and Ope Niemeyer. City Manager Jeff Weldon, City Attorney Steve Britzman, and Deputy City Clerk Bonnie Foster were also present. 5:00 PM Study Session. Council Member Bacon, Brookings Affordable Housing Task Force Chair, presented the Affordable Housing Task Report to the City Council and public. (Council Member Hansen arrived at 5:35 p.m.) 6:00 PM Regular Meeting Consent Agenda. A motion was made by Council Member Hansen, seconded by Council Member Kidwiler, to approve the Consent Agenda. The motion carried by the following vote: Yes: 7 - Corbett, Niemeyer, Hansen, Kidwiler, Bacon, Wendell, and Tilton Byrne. A. Action to approve the agenda. B. Action to approve the October 10, 2017 City Council Minutes. C. Action on Resolution 17-083, a Resolution authorizing the City Manager to sign a Liquor Operating Agreement 5-year renewal for Park Hospitality, Inc., Lance Park, owner, 2500 6th Street, legal description: Lot X-1 and all of Lot 1, excluding west 20' thereof; Lot F excluding north 60', and all Lot G of Lot 2, all in Block 1, Holibrook Addition. Resolution 17-083 - Park Hospitality, Inc. Liquor Operating Agreement Renewal Be It Resolved by the City of Brookings, South Dakota, that the City Council hereby approves a Lease Renewal Agreement for the Liquor Operating Management Agreement between the City of Brookings and Park Hospitality, Inc., Lance Park, owner, for the purpose of a liquor manager to operate the On-Sale Establishment or business for and on behalf of the City of Brookings at 2500 6 th Street. Be It Further Resolved that the City Manager be authorized to execute the Agreement on behalf of the City, which shall be for the remaining 5-years of the 10-year agreement. D. Action on Resolution 17-093, a Resolution declaring Parks & Forestry equipment as surplus property. Resolution 17-093 - Declaring Parks & Forestry Equipment as Surplus Property Whereas, the City of Brookings is the owner of the following described equipment formerly used at the City of Brookings Parks, Recreation & Forestry Department: One (1) 1992 Ford F700 Truck with Hoist, VIN # 1FDPF70J2NVA18486, One (1) 1973 Chevrolet 1 Ton 4x4 Flat Bed, VIN # CKY233J172446, One (1) 1988 GMC 3 Ton Truck with Hoist, VIN # 1GDL7D1B7JV505002, One (1) 1967 Homemade Low Bed Trailer, Serial # 247553, and One (1) Early 1990’s Ditch Witch Walk Behind Trencher. Whereas, in the best financial interest, it is the desire of the City of Brookings to sell same as surplus property; and Whereas, the City Manager hereby authorized to sell said surplus property. Now, Therefore, Be It Resolved by the governing body of the City of Brookings, SD, that this property be declared surplus property according to SDCL Chapter 6-13. 3.E. Action on Resolution 17-095, a Resolution authorizing Change Order No. 1 (Final) For Brookings Runway 17/35 Improvements, AIP #3-46-0005-029-2017; Midland Contracting, Inc. Resolution 17-095 - A Resolution Authorizing Change Order No. 1 (CCO#1 Final) for Brookings Runway 17/35 Improvements, AIP #3-46-0005-029-2017; Midland Contracting, Inc. Be It Resolved by the City Council that the following change order be allowed for Brookings Runway 17/35 Improvements, AIP #3-46-0005-029-2017, Construction Change Order Number 1 (Final): Adjust bid quantities for rip rap work, raising taxiway lights, and hauling excess millings for a total decrease of $40,158.65 and extend the contract final completion date by 15 working days for the additional work to close out the project. 3.F. Action on Resolution 17-094, a Resolution authorizing the placement of 4- Way Stop Signs at the Intersection of 22nd Avenue South and 32nd Street South. Resolution 17-094 - A Resolution authorizing the placement of 4-Way Stop Signs at the Intersection of 22 nd Avenue South and 32nd Street South Whereas, Section 82-373 of the Revised Ordinance of the City of Brookings, provides for approval by the City Council for placement of stop signs in locations other than along through streets; and Whereas, representatives from the City of Brookings and from Brookings County have agreed that placement of 4-way stop signs at the intersection of 22nd Avenue South and 32nd Street South would benefit the general welfare and safety of the citizens of Brookings. Now, Therefore, Be It Resolved that the City Council concurs in the recommendation of the Traffic Safety Committee and approves the placement of 4-way stop signs at the intersection of 22nd Avenue South and 32nd Street South. 3.G. Action on Resolution 17-100, a Resolution of the City of Brookings, South Dakota, calling for a Public Hearing in connection with a Proposal for the issuance of its Economic Development Revenue Bonds (South Dakota State University Foundation Project), Series 2017, in an original Aggregate Principal Amount not to exceed $9,700,000 for the purpose of providing Funds to be loaned to South Dakota State University Foundation, a South Dakota Nonprofit Corporation, for the purpose of Financing Improvements to the Campus of South Dakota State University. Resolution 17-100 - A Resolution of the City of Brookings, South Dakota, calling for a Public Hearing in connection with a Proposal for the issuance of its Economic Development Revenue Bonds (South Dakota State University Foundation Project), Series 2017, in an original Aggregate Principal Amount not to exceed $9,700,000 for the purpose of providing Funds to be loaned to South Dakota State University Foundation, a South Dakota Nonprofit Corporation, for the purpose of Financing Improvements to the Campus of South Dakota State University Whereas, the City of Brookings, South Dakota (the “City”) is authorized by South Dakota Codified Laws, Chapter 9-54, as amended (the “Act”), to promote the general economic welfare by the provision of necessary economic development facilities; Whereas, at the request of South Dakota State University Foundation, a South Dakota nonprofit corporation (the “Corporation”), the City is willing to consider the proposed issuance of economic development revenue bonds in a principal amount not to exceed $9,700,000 (the “Bonds”), pursuant to the Act in order to finance projects on behalf of South Dakota State University Foundation, a South Dakota nonprofit corporation (the “Corporation”), which supports the educational mission of South Dakota State University (the “University”) in Brookings, South Dakota; Whereas, if the Bonds are issued, the Corporation proposes to apply the proceeds of the Bonds to finance a project (the “Series 2017 Project”) which would consist generally of the following: I.A major expansion and remodeling of the South Dakota State University Performing Arts Center, including construction, equipping and furnishing of such facility; and II.The construction, equipping and furnishing of a practice gym facility adjacent to the Stanley Marshall HPER academic and athletic facility; Whereas, the 2017 Project facilities will be owned, managed, and operated by South Dakota State University; Whereas, the 2017 Project will be located on the campus of South Dakota State University (which is the owner of the land), the street address of which is Administration Ln, Brookings, South Dakota, and on certain adjacent land, all of which is generally described as bounded on the North by SD Bypass 14, on the East by 22nd Avenue, on the South by 8th Street, and on the West by Medary Avenue, all within the City of Brookings, South Dakota; Whereas, the Internal Revenue code of 1986, as amended, requires that, as a condition to the Bonds being issued as tax exempt bonds, a public hearing is required with advance public notice provided to the public in substantially the form of the attached Exhibit A; Now, Therefore, Be It Ordained by the City of Brookings South Dakota, that: A public hearing shall be set concerning the issuance of the Bonds and the Series 2017 Project, such hearing to occur on November 28, 2017 at 6:00 p.m. at the Brookings City & County Government Center, Room 310 (Chambers), Brookings, South Dakota. The City Clerk is hereby instructed to publish a notice of public hearing in substantially the form of the attached Exhibit A in The Brookings Register, a newspaper of general circulation in the City of Brookings at least 14 days prior to the date of the public hearing. Resolution 17-096. A motion was made by Council Member Niemeyer, seconded by Council Member Hansen, that Resolution 17-096, a Resolution awarding Bids on 2017- 11STI, Airport Taxilane Project, be approved. The motion carried by the following vote: Yes: 7 - Corbett, Niemeyer, Hansen, Kidwiler, Bacon, Wendell, and Tilton Byrne. Resolution 17-096 - Resolution Awarding Bids on Project 2017-11STI Airport Taxilane Project Whereas, the City of Brookings opened bids for the 2017-11STI Airport Taxilane Project on Tuesday, October 17, 2017 at 1:30 pm at the Brookings City & County Government Center; and Whereas, the City of Brookings has received the following bid for the 2017-11STI Airport Taxilane Project: Bowes Construction, Inc.: Base Bid - $33,585.38, Alternate 1 - $22,774.00, Total Base Bid + Alternate - $56,359.38. Now Therefore, Be It Resolved that the low Base Bid of $33,585.38 and Alternate 1 of $22,774.00 for the total amount of $56,359.38 from Bowes Construction, Inc. be accepted. FIRST READING - Ordinance 17-024. Introduction and first reading was held on Ordinance 17-024, an Ordinance rezoning Lot 1A of Lot 1, Block 1, except the North 41 feet thereof, Mayland’s First Addition, also known as 520 22nd Avenue, from a Business B-4 Highway District to a Business B-2 District. Public Hearing: November 28, 2017. Resolution 17-091. A public hearing was held on Resolution 17-091, a Resolution approving a Special Assessment for uncollected Weed Removal fees. A motion was made by Council Member Hansen, seconded by Council Member Kidwiler, that Resolution 17-091 be approved. The motion carried by the following vote: Yes: 7 - Corbett, Niemeyer, Hansen, Kidwiler, Bacon, Wendell, and Tilton Byrne. Resolution 17-091 - Levy Assessment for Weed Removal Whereas, the City Manager has submitted to the City Council Special Assessments against the owner and legal description listed below as hereinafter set out for Weed Removal fees. Be It Resolved by the City Council of the City of Brookings, South Dakota, these fees be assessed, in accordance with South Dakota Codified Law 9-32-12 as follows: Brad Winker, 909 1st Ave., weed eating fee in the amount of $645.00. Introduction of Topics for Future Discussion. A motion was made by Council Member Niemeyer, seconded by Council Member Tilton Byrne, to task staff and the Affordable Housing Task Force, to figure out how to implement funding for programs suggested in their Report. The motion carried by the following vote: Yes: 7 - Corbett, Niemeyer, Hansen, Kidwiler, Bacon, Wendell, and Tilton Byrne. Adjourn. A motion was made by Council Member Hansen, seconded by Council Member Niemeyer, to adjourn the meeting at 6:15 p.m. The motion carried by a unanimous vote. CITY OF BROOKINGS Keith W. Corbett, Mayor ATTEST: Shari Thornes, City Clerk City of Brookings Staff Report Brookings City & County Government Center, 520 Third Street Brookings, SD 57006 (605) 692-6281 phone (605) 692-6907 fax File #:ID 2017-0595,Version:1 Action on annual Liquor and Wine Alcohol License Renewals for 2018. Summary: Enclosed for City Council review and action are the Annual Liquor and Wine License renewals for 2018. All required documentation has been submitted. Liquor (Off-Sale): 1.Brookings Municipal Liquor Store, 780 22nd Ave. So. Liquor (On-Sale): 1.The Lodge, 2515 E. 6th St. (CL) 2.Park Hospitality, Inc., 2500 6th St. (CL) 3.Applebee’s / Porter Apple Co. B Inc., 3001 LeFevre Dr. 4.Buffalo Wild Wings Bar & Grill / W&P of Brookings, LLC, 1801 6 th St. 5.CRAFT / Midwest Fresh Concepts, LLC, 610 Medary Ave. 6.Cubby’s Sports Bar & Grill / GDT Inc., 307 Main Ave. 7.Danny’s / David Olson Inc., 703 Main Ave. So. 8.Elks Brookings Lodge #1490, 516 4th St. 9.Jim’s Tap / Urquhart Ent., Inc., 309 Main Ave. 10.9 Bar Nightclub / Nine Inc., 303 Main Ave. 11.Old Market Eatery / The Lee Group, 424 5th St. 12.Pheasant Restaurant & Lounge / RGO, Inc., 726 Main Ave. So. 13.Pints & Quarts / B&L Sullivan, Inc., 313 Main Ave. 14.Prairie Lanes Inc., 722 Western Ave. 15.The Ram / Ram & O’Hare’s Ent., LLC, 327 Main Ave. 16.Ray’s Corner / Fergen Enterprises Inc., 401 Main Ave. 17.Skinner’s Pub Inc., 300 Main Ave. 18.Sully’s Irish Pub/B&L Sullivan Inc., 421 Main Ave. 19.VFW GEO Dokken Post 2118, 520 Main Ave. 20.The Wild Hare / Wonder, Inc., 303 3rd St. Restaurant (On-Sale): 1.Whiskey Creek Wood Fire Grill / Brookings Steak Co. LLC, 621 32nd Ave. Wine (On-Off Sale): 1.Brookings Municipal Liquor Store, 780 22nd Ave. So. 2.Cenex Zip Trip #63 / CHS, Inc., 1005 6th St. 3.Cenex Zip Trip #64 / CHS, Inc., 3045 LeFevre Dr. 4.Children’s Museum of South Dakota, 521 4th St. 5.The Depot / ERL, LLC, 919 20th St. So. 6.Deuces Casino, Commonwealth Gaming & Holdings Co., 223 6th St. 7.Guadalajara Mexican Restaurant, 1715 6th St., Suite F 8.Hy-Vee Food Store / Hy-Vee, Inc., 700 22nd Ave. So. 9.KRAVE, Inc., 1040 22nd Ave. So. City of Brookings Printed on 11/21/2017Page 1 of 2 powered by Legistar™ File #:ID 2017-0595,Version:1 10.Mama Mia / Mad Jacks Inc., 1300 Main Ave. So. 11.McCrory Gardens Visitors Center, 6th St. & 22nd Ave. 12.New Sake, Inc., 724 22nd Ave. So. 13.Old Sanctuary / Old Sanctuary Assoc., LLC, 928 4th St. 14.Pheasant Restaurant & Lounge / RGO, Inc., 726 Main Ave. So. 15.Schoon’s Pump N’ Pak So. / Schoon Properties, Inc., 1205 Main Ave. So. 16.Skinner’s Pub Inc., 300 Main Ave. 17.Swiftel Center, 824 32nd Ave. 18.Wal-Mart Supercenter #1538 / Wal-Mart Stores, Inc., 2233 6 th St. 19.Wooden Legs Brewing Co., 309 5th St., Suite 100 Recommendation: Staff recommends approval. City of Brookings Printed on 11/21/2017Page 2 of 2 powered by Legistar™ City of Brookings Staff Report Brookings City & County Government Center, 520 Third Street Brookings, SD 57006 (605) 692-6281 phone (605) 692-6907 fax File #:RES 17-084,Version:1 Action on Resolution 17-084, a Resolution authorizing the City Manager to sign a SD Farm Wine Operating Agreement 5-year renewal for the Blizzard, LLC, Chris Canavati & Mitri Canavati, owners, 924 32nd Ave., legal description: Blocks 6 and 7, Wiese Addition. Summary: The City of Brookings enters into a SD Farm Wine Operating Agreements for 10-year increments. The Operating Agreement for The Blizzard, LLC, located at 924 32nd Ave., is at the 5-year renewal point. This Resolution would allow the City Manager to enter into the remaining 5-years of the 10- year agreement. Recommendation: Staff recommends approval. Attachments: Resolution Operating Agreement City of Brookings Printed on 11/17/2017Page 1 of 1 powered by Legistar™ Resolution 17-084 The Blizzard, LLC SD Farm Wine Operating Agreement Renewal Be It Resolved by the City of Brookings, South Dakota, that the City Council hereby approves a Lease Renewal Agreement for the SD Farm Wine Operating Management Agreement between the City of Brookings and The Blizzard, LLC, Chris Canavati & Mitri Canavati, owners, for the purpose of a liquor manager to operate the On-Sale Establishment or business for and on behalf of the City of Brookings at 924 32nd Ave. Be It Further Resolved that the City Manager be authorized to execute the Agreement on behalf of the City, which shall be for the remaining 5-years of the 10-year agreement. Passed and approved this 28th day of November, 2017. CITY OF BROOKINGS Keith W. Corbett, Mayor ATTEST: Shari Thornes, City Clerk SD FARM WINE OPERATING AGREEMENT The Blizzard, LLC THIS AGREEMENT made and entered into by and between the CITY OF BROOKINGS, a municipal corporation of the State of South Dakota, hereinafter referred to as the “City” and the Blizzard, LLC, Chris Canavati & Mitri Canavati, owners, hereinafter referred to as “Manager.” WITNESSETH; WHEREAS, the City has been issued an on-sale alcoholic beverage license and is engaged in the sale of alcoholic beverages, and WHEREAS, the City desires to enter into an Operating Agreement on a limited basis with the Manager for the purpose of operating an on-sale establishment or business for and on behalf of the City pursuant to law, and WHEREAS, the Manager has offered to have facilities in which to operate said on-sale establishment solely upon the premises hereinafter described. NOW, THEREFORE IT IS MUTUALLY AGREED AS FOLLOWS: I. This Agreement is made and entered into on a limited basis between the parties hereto to allow the Manager to operate a retail on-sale premises, pursuant to and in accordance with all of the terms and conditions of this Agreement in accordance with all State laws and City Ordinances now in effect and as may be enacted in the future. II. The Manager shall be individually responsible for all operating expenses of said on-sale establishment, including but not limited to utilities, taxes, insurance, and license fees, if any. The Manager shall furnish all equipment and fixtures necessary to operate the establishment. III. The on-sale establishment shall be located upon real estate in the City of Brookings, South Dakota, described as: Blocks 6 and 7, Wiese Addition. IV. The Manager shall dispense only alcoholic beverages supplied by the Municipal Off- Sale establishment. V. This Agreement shall be in full force and effect for the remaining five (5) years of the ten (10) year agreement, subject to the approval of the governing body of the City of Brookings. VI. Either the Manager or the City may terminate this Agreement without cause upon ninety (90) days written notice served by either party upon the other. The City reserves the right to immediately suspend or revoke this Agreement without ninety (90) days written notice for alcohol related violations in accordance with the provisions of Resolution No. 25-88 or any amendments thereto or for any late payments for alcoholic beverages supplied by the Municipal Off-Sale Establishment to be sold on the premises of Manager. VII. The Manager shall receive as full compensation for its services rendered, the net profit from the on-sale establishment under its management, and the sole profit to be derived by the City shall be the markup hereinafter set forth on alcoholic beverages furnished by the municipality to the Manager for the purposes of resale on the premises as above described. VIII. The Manager shall pay to the City for all alcoholic beverages sold by the City to the Manager for resale on the above-described premises, the actual cost of distilled spirits and wine supplied by the City, plus eleven percent (11%) in excess of such cost; the Manager shall pay to the City for all malt beverages sold by the City to the Manager for resale on the above-described premises, the actual cost of malt beverages, plus ten percent (10%) in excess of such cost. The actual cost shall include cost price and transportation charges. The markup percentages provided in this Agreement are subject to change by the City of Brookings. In the event markup percentages are changed by Ordinance, then the markup percentages provided by City Ordinance shall supercede the markup percentages provided herein. The Manager further agrees that if either of the markup percentages shall be increased at any time by the City, the Manager shall pay the markup as so increased. IX. A complete and detailed record shall be maintained by the City of all alcoholic beverages supplied to the on-sale Manager and such alcoholic beverages so supplied shall be evidenced by pre-numbered invoices prepared in triplicate showing the date, quality, brand, size, and actual cost of such item, and such invoice shall bear the signature of the authorized representative of the on-sale Manager or its authorized representative. One copy thereof shall be retained by the Municipal off-sale establishment, one copy shall be retained by the on-sale establishment, and one copy shall be filed with the City Clerk. All copies shall be kept as permanent records and made available for reference and audit purposes. The Manager also agrees to maintain a complete record of all alcoholic beverages received from the City. X. In consideration of the covenants herein contained, the Manager agrees to pay the CITY OF BROOKINGS, One Thousand Five Hundred, and no/100 Dollars ($1,500.00), constituting the Annual License Fee on or by the 1st day of November of each year thereafter as long as this agreement shall remain in force and effect. The payment of the Annual Renewal License Fee will not extend the term of this Operating Agreement beyond the term provided therein. The Manager further agrees that if the annual fee shall be increased at any time by the legislature, the Manager shall pay the amount of any such increase. XI. The Manager agrees to keep the premises in a neat, clean and attractive appearance, and Manager further agrees to operate said on-sale establishment only on such days and at such hours as permitted by state law and city ordinances. XII. The Manager shall have the right to return, at any time, alcoholic beverages received from the City and to receive in return any deposit made for such alcoholic beverages; in the event of termination of the business, all unused alcoholic beverages, which may be resold without discount may be returned to the City and the Manager shall be reimbursed for the of such alcoholic beverages. XIII. The Manager agrees to abide by the credit policies of the City and acknowledges, by execution of this Agreement, receipt of a copy of the credit policies of the City. The City reserves the right to change or terminate its credit policies at any time, but shall be required to provide written notice to Manager prior to the effective date of the change or termination date of the credit policies. XIV. The Manager agrees to furnish the City upon demand, evidence of payment of the following: A. All salaries of on-sale employees; B. Social Security and withholding taxes on said employees; C. Worker’s Compensation insurance premiums covering said employees; D. Unemployment taxes on the payrolls of said employees; E. General liability insurance protecting both the City and the Manager against claims for injury or damages to persons or property, said policy to have general liability limits of at least Five Hundred Thousand Dollars ($500,000.00) single limit, and One Million Dollars ($1,000,000.00) aggregate, and a limitation of Fifty Thousand Dollars ($50,000.00) for damage to property. The general liability insurance limits are subject to change and Manager agrees to change limits of insurance if required by the City; F. Rent and utility bills; and G. Any and all miscellaneous expenses, including taxes. XV. The Manager agrees to observe all Federal and State laws and ordinances of the City of Brookings. XVI. The City covenants and agrees to furnish the on-sale license to Manager pursuant to the terms and conditions of this Operating Agreement and the terms and conditions of the on-sale license. XVII. The City has the right to make inspections and investigations of the premises during the hours of operation, and make audits and examinations of the records of the Manager relating to the on-sale establishment. XVIII. It is further specifically understood and agreed that the waiver of the rights of the City under this Agreement shall not constitute a continuous waiver, and any violation or breach of the terms of this Agreement by the Manager shall constitute a separate and distinct offense and grounds for immediate termination and revocation of this Agreement. XIX. This agreement shall not be assignable to another person or location without the written consent of the City. IN WITNESS WHEREOF, the parties hereto have executed this Agreement which is effective this 28th day of November, 2017. CITY OF BROOKINGS, South Dakota A Municipal Corporation By: ATTEST:Jeffrey W. Weldon, City Manager Shari Thornes, City Clerk MANAGER By: By: City of Brookings Staff Report Brookings City & County Government Center, 520 Third Street Brookings, SD 57006 (605) 692-6281 phone (605) 692-6907 fax File #:RES 17-106,Version:1 Action on Resolution 17-106, a Resolution declaring furniture and computers as surplus property (Public Library). Summary: The City of Brookings is the owner of the following described equipment formerly used in the Library: ·Eight (8) - children’s benches measuring 72x11x15 in red, blue, yellow and green, ·Five (5) - wooden green-topped study carrels ·One (1) - wooden desk ·Four (4) - brown tables ·One (1) - green-topped wooden table ·One (1) - small grey filing cabinet ·One (1) - brown, wooden double study carrel · Twenty-three (23) - wooden chairs ·One (1) -computer chair ·One (1) -Computer cart ·One (1) -Metal Desk ·One (1) - 2008 -PC -HP Compaq dc7900 Convertible Minitower ·One (1) --2009 - PC - HP Compaq dc7900 Convertible Minitower ·Two (2) -2010 -Laptop -HP Compaq 8000 Elite CMT (dead) ·One (1) - 2010 -PC -Dell Latitude d620 Notebook (dead) ·One (1) -2011 -Laptop - Toshiba NB505-N508BL ·One (1) -2009 -Laptop -Compaq Cq60-211DX (dead) ·One (1) -2007 -PC -Gateway E4610D (dead) ·One (1) -2009 -PC -HP Compaq Convertible dc7900 ·One (1) -2009 -Printer -Kyocera FC-C5200DN ·One (1) -2005 -Printer -HP Deskjet 4100N ·One (1) -2005 -Printer -H P Deskjet 3845 ·One (1) -2007 -Printer -HP Deskjest 4100N ·One (1) -2008 -Printer -Epson PSC Photo RX680 ·Seven (7) - Gateway Monitors (6 working, one dead) ·One (1) -NEC Monitor (Dead) ·One (1) -ViewSonic Monitor (Dead) ·One (1) -Backup Power Supply -APC (Dead) ·One (1) -Epson Perfection 2400 Scanner ·One (1) -IBM Wheel Writer 3 Typwriter Background: The Library will surplus furniture, computers, and printers. The surplus furniture and computers are City of Brookings Printed on 11/21/2017Page 1 of 2 powered by Legistar™ File #:RES 17-106,Version:1 no longer needed by the library or have been replaced. The Library plans to sell the surplus property on the Public Surplus website. Fiscal Impact: The City will receive the sale value of the surplus property. Council action is required to declare these items surplus. This equipment is being declared surplus property according to SDCL Chapter 6-13. Recommendation: Staff recommends approval. Attachments: Resolution City of Brookings Printed on 11/21/2017Page 2 of 2 powered by Legistar™ Resolution 17-106 Declaring Furniture and Computers as Surplus Property (Public Library) Whereas, the City of Brookings is the owner of the following described equipment formerly used at the City of Brookings Public Library: Eight (8) – children’s benches measuring 72x11x15 in red, blue, yellow and green, Five (5) – wooden, green-topped study carrels One (1) – wooden desk Four (4) – wooden brown-topped tables One (1) – wooden green-topped table One (1) – small grey filing cabinet One (1) – wooden brown double study carrel Twenty-three (23) – wooden chairs One (1) –computer chair One (1) –Computer cart One (1) –Metal Desk One (1) – 2008 -PC -HP Compaq dc7900 Convertible Minitower One (1) -2009 - PC - HP Compaq dc7900 Convertible Minitower Two (2) -2010 –Laptop –HP Compaq 8000 Elite CMT (dead) One (1) – 2010 –PC –Dell Latitude d620 Notebook (dead) One (1) -2011 –Laptop - Toshiba NB505-N508BL One (1) -2009 –Laptop –Compaq Cq60-211DX (dead) One (1) -2007 –PC –Gateway E4610D (dead) One (1) -2009 –PC –HP Compaq Convertible dc7900 One (1) -2009 –Printer –Kyocera FC-C5200DN One (1) -2005 –Printer –HP Deskjet 4100N One (1) -2005 –Printer –H P Deskjet 3845 One (1) -2007 –Printer –HP Deskjet 4100N One (1) -2008 –Printer –Epson PSC Photo RX680 Seven (7) – Gateway Monitors (6 working, one dead) One (1) –NEC Monitor (Dead) One (1) –View Sonic Monitor (Dead) One (1) –Backup Power Supply –APC (Dead) One (1) –Epson Perfection 2400 Scanner One (1) –IBM Wheel Writer 3 Typewriter Whereas, in the best financial interest, it is the desire of the City of Brookings to sell same as surplus property; and Whereas, the City Manager hereby authorized to sell said surplus property. Now, Therefore, Be It Resolved by the governing body of the City of Brookings, South Dakota, that this property be declared surplus property according to SDCL Chapter 6-13. Passed and approved this 28th day of November, 2017. CITY OF BROOKINGS _______________________ Keith W. Corbett, Mayor ATTEST: ___________________________ Shari Thornes, City Clerk City of Brookings Staff Report Brookings City & County Government Center, 520 Third Street Brookings, SD 57006 (605) 692-6281 phone (605) 692-6907 fax File #:RES 17-099,Version:2 Action on Resolution 17-099, a Resolution declaring a 973 Track Machine as Surplus Property (Landfill/Solid Waste Dept.). Summary: The 973 Track Machine is used daily for many different functions at the landfill. Background: The Track Machine was purchased in 2011 and has over 13,000 hours on it. The machine was used an additional two years. Fiscal Impact: The appraised value of the machine is $50,000.00 Recommendation: Staff recommends approval. Attachments: Resolution City of Brookings Printed on 11/21/2017Page 1 of 1 powered by Legistar™ Resolution 17-099 Declaring a 973 Track Machine as Surplus Property (Landfill/Solid Waste Dept.). Whereas, the City of Brookings is the owner of the following described equipment formerly used by the City of Brookings Landfill Department: One (1) 2011 973 Track Machine Serial#LCP00214. Whereas, in the best financial interest, it is the desire of the City of Brookings to sell same as surplus property; and Whereas, the City Manager is hereby authorized to sell said surplus property. Now, Therefore, Be It Resolved by the governing body of the City of Brookings, SD, that this property be declared surplus property according to SDCL Chapter 6-13. Passed and approved this 28th day of November, 2017. CITY OF BROOKINGS ___________________ Keith W. Corbett, Mayor ATTEST: _____________________ Shari Thornes, City Clerk City of Brookings Staff Report Brookings City & County Government Center, 520 Third Street Brookings, SD 57006 (605) 692-6281 phone (605) 692-6907 fax File #:RES 17-098,Version:1 Action on Resolution 17-098, a Resolution awarding the contract for the purchase of one new Track Machine for the Landfill through the National Joint Powers Alliance. The Landfill has received a quote for one new John Deere 850K Track Machine from RDO Equipment Company through the National Joint Powers Alliance for $356,754.70. Background: The current 973 Track Machine was purchased in 2011 and is on a five-year replacement plan based on the Capital Improvement Plan. The landfill was able to operate the machine an additional two years. Fiscal Impact: The Capital Improvement amount set aside for 2018 to replace the track machine is $400,000.00. The purchase price on the new machine will be $356,754.70 for a savings of $43,245.30. Recommendation: Staff recommends approval. Attachments: Resolution City of Brookings Printed on 11/21/2017Page 1 of 1 powered by Legistar™ Resolution 17-098 Resolution awarding the contract for the purchase of one new Track Machine for the Landfill through the National Joint Powers Alliance Whereas, the City of Brookings Regional Landfill will purchase a John Deere 850K Track Machine from RDO Equipment Company through the National Joint Powers Alliance; and Whereas, the City of Brookings will purchase from RDO Equipment Company, Sioux Falls, SD one John Deere 850K Track machine for $356,754.74; and Whereas, this John Deere 850K Track Machine will replace a 2011 973D Track Machine with delivery and payment made after January 1, 2018; and Whereas, the capital budget for the purchase of one Track Machine is $400,000.00. Now, Therefore, Be It Resolved that the contract from RDO Equipment Company for $356,754.74 be accepted. Passed and approved this 28th day of November, 2017. CITY OF BROOKINGS ____________________ Keith W. Corbett, Mayor ATTEST: _____________________ Shari Thornes, City Clerk City of Brookings Staff Report Brookings City & County Government Center, 520 Third Street Brookings, SD 57006 (605) 692-6281 phone (605) 692-6907 fax File #:RES 17-097,Version:1 Action on Resolution 17-097, a Resolution awarding the contract for the purchase of a new Vacuum Truck for Solid Waste Collection through the National Joint Powers Alliance. Summary: The Solid Waste Collection Department received a quote for a new Vacuum Truck from Sanitation Products through the National Joint Powers Alliance for $187,630.00. Background: This Vacuum Truck will be used by three City Departments: Street Dept., Solid Waste Collection, and the Regional Landfill. Fiscal Impact: The Vacuum Truck will be purchased out of the Solid Waste Collection Capital Improvement Fund. The amount budgeted is $210,000.00 and the cost is $187,630.00 for a savings of $22,370.00. Recommendation: Staff recommends approval. Attachments: Resolution City of Brookings Printed on 11/21/2017Page 1 of 1 powered by Legistar™ Resolution 17-097 Resolution awarding the contract for the purchase of a new Vacuum Truck for Solid Waste Collection through the National Joint Powers Alliance. Whereas, the City of Brookings Solid Waste Collection will purchase an Automated Vacuum Truck from Sanitation Products, Inc. through the National Joint Powers Alliance; and Whereas, the City of Brookings will purchase from Sanitation Products, Inc. of Sioux Falls, South Dakota one Automated Vacuum Truck in the amount of $187,630.00; and Whereas, the Automated Vacuum Truck will be delivered and payment made after January 1, 2018; and Whereas, the Capital Budget for the purchase of one Automated Vacuum Truck is $210,000.00. Now, Therefore, Be It Resolved that the contract from Sanitation Products, Inc. for $187,630.00 be accepted. Passed and approved this 28th day of November, 2017. CITY OF BROOKINGS ________________________________ Keith W. Corbett, Mayor ATTEST: _________________________ Shari Thornes, City Clerk City of Brookings Staff Report Brookings City & County Government Center, 520 Third Street Brookings, SD 57006 (605) 692-6281 phone (605) 692-6907 fax File #:RES 17-109,Version:1 Action on Resolution 17-109, a Resolution amending the Building Permit Fee for Certain Building Projects. Summary: This resolution will authorize that the Building Permit Fees and Moving Fees be waived for Interlakes Community Action, Inc. and Habitat for Humanity. Background: The Brookings City Council previously adopted Resolution 87-05 on October 25, 2005, which waived the Building Permit Fee for new home construction for Interlakes Community Action, Inc. and Habitat for Humanity. Habitat for Humanity recently inquired with engineering staff if moving permits and other building permits, such as for remodeling, were also exempt from the fee. The current wording of the resolution refers only to new home construction. The City of Brookings has been supportive of affordable housing projects and this resolution will clarify that moving permits and all building permits will be waived for Interlakes Community Action, Inc. and Habitat for Humanity. Both groups will continue to apply for the proper permits as they have in the past. Fiscal Impact: The City’s revenue will be reduced slightly due to waiving the fees. Recommendation: Staff recommends approval. Attachments: Resolution - clean copy Resolution - marked copy City of Brookings Printed on 11/21/2017Page 1 of 1 powered by Legistar™ Resolution 17-109 A Resolution Amending the Building Permit Fee for Certain Building Projects Whereas, the City is desirous in assisting Interlakes Community Action, Inc. and Habitat for Humanity with construction of affordable housing within the City of Brookings; and Whereas, Interlakes Community Action, Inc. and Habitat for Humanity have undertaken several affordable housing projects to serve the residents of the City of Brookings. Now, Therefore, Be It Resolved that the Building Permit Fees and Moving Fees be waived for Interlakes Community Action, Inc. and Habitat for Humanity. This Resolution will rescind Resolution 87-05 adopted on October 25, 2005. Passed and approved this 28th day of November, 2017. CITY OF BROOKINGS _________________________ Keith W. Corbett, Mayor ATTEST: _____________________________ Shari Thornes, City Clerk Resolution No. 87-05 17-109 A Resolution Amending the Building Permit Fee for Certain Building Projects Whereas, the City is desirous in assisting Interlakes Community Action, Inc. and Habitat for Humanity with construction of building affordable housing within the City of Brookings; and Whereas, Interlakes Community Action, Inc. and Habitat For Humanity have undertaken several affordable housing projects to serve the residents of the City of Brookings. Now, Therefore, Be It Resolved that the Building Permit Fees and Moving Fees be waived for new home construction for Interlakes Community Action, Inc. and Habitat for Humanity. This resolution will rescind Resolution 87-05 adopted on October 25, 2005. Passed and approved this 25th 28th day of October, 2005 November, 2017. CITY OF BROOKINGS ______________________________ Scott D. Munsterman Keith Corbett, Mayor ATTEST: ______________________________ Shari Thornes, City Clerk City of Brookings Staff Report Brookings City & County Government Center, 520 Third Street Brookings, SD 57006 (605) 692-6281 phone (605) 692-6907 fax File #:RES 17-110,Version:1 Action on Resolution 17-110, a Resolution Fixing Time and Place for Hearing Upon the Assessment Roll for the 2017 Assessment of the 2014-02STA Main Avenue South and 26th Street South Reassessment. Summary: The Resolution will set the date and time for a public hearing on the 2014-02STA Assessment costs for the Main Avenue South and 26th Street South Reassessment. Background: The Resolution fixes the date and time for the 2017 Assessment of the 2014-02STA Main Avenue South and 26th Street South Reassessment costs, which will be held on Tuesday, December 12, 2017. The City will publish the notice of the public hearing and mail a copy of the notice as outlined in the Resolution. The City has been working with property owners on the assessments for this project. This is a procedural step in the process to reassess and levy the costs for the 2014-02STA Main Avenue South and 26th Street South Project. Recommendation: Staff recommends approval. Attachments: Resolution City of Brookings Printed on 11/21/2017Page 1 of 1 powered by Legistar™ Resolution 17-110 Resolution Fixing Time and Place for Hearing Upon the Assessment Roll for the 2017 Assessment of the 2014-02STA Main Avenue South and 26 th Street South Reassessment Be It Resolved, by the City Council of the City of Brookings, South Dakota, as follows: 1. The Assessment Roll for the 2017 Assessment of the 2014-02STA Main Avenue South and 26th Street South Reassessment having been filed in the office of the City Clerk on the 20th day of November, 2017 and the City Council shall meet in the Chambers, Brookings City & County Government Center, in said City on Tuesday, the 12th day of December, 2017, at 6:00 P.M. 2. The City Engineer is authorized and directed to prepare a notice describing, in general terms, the 2017 Assessment of the 2014-02STA Main Avenue South and 26 th Street South Reassessment, the date of filing the Assessment Roll, the time and place of hearing thereon, stating that the Assessment Roll will be open for public inspection at the office of the City Engineer and referring to the Assessment Roll for further particulars. 3. The City Clerk is authorized and directed to publish said notice in the official newspaper not less than 10 nor more than 20 days before the date set for hearing and to mail a copy thereof, by first class mail addressed to the owner or owners of any property to be assessed at his, her, or their last mailing address as shown by the records of the Director of Equalization not less than 10 nor more than 20 days before the date set for said hearing. Passed and approved this 28th day of November, 2017. CITY OF BROOKINGS ____________________________ Keith W. Corbett, Mayor ATTEST: _____________________________ Shari Thornes, City Clerk City of Brookings Staff Report Brookings City & County Government Center, 520 Third Street Brookings, SD 57006 (605) 692-6281 phone (605) 692-6907 fax File #:RES 17-108,Version:1 Action on Resolution 17-108, a Resolution Authorizing Change Order No. 1 (Final) for 2017-01SWR Concrete Maintenance Project; Clark Drew Construction, Inc. Summary: The resolution will approve the final Change Order for 2017-01SWR, Concrete Maintenance Project with Clark Drew Construction, Inc. to adjust bid quantities to as-constructed quantities and for additional storm sewer work for a total decrease of $119,252.69 to close-out the project. Background: This project is the Annual Concrete Project and entails construction of miscellaneous concrete work including curb and gutter repair, fillets, valley gutters, curb ramps, and sidewalk along vacant property. This project also includes homeowner trip hazards that weren’t repaired in the 2016 sidewalk area which is east of Medary Avenue South and between 6th Street and Orchard Drive and property owners in the 2017 sidewalk area who volunteered to be in the project, which is north of 6 th Street and east of Medary Avenue. The project is completed and is ready to be closed out. This Change Order adjusts the bid quantities to as-constructed quantities and for additional storm sewer work for a total decrease of $119,252.69 to close out the project. The decrease in cost was due to less sidewalk work from property owners who completed their own work, postponing ramp and driveway work that was near the High School, and postponing valley gutters in high traffic areas that were not completed during the summer while traffic was lower. The work that was postponed will be added to the 2018 concrete project. A summary is as follows: Original Contract Price:$326,838.60 Increase from Previously Approved Change Order:$0.00 Contract Price Prior to this Change Order:$326,838.60 Decrease of this Change Order (No. 1 Final):$119,252.69 Contract Price incorporating this Change Order:$207,585.91 Fiscal Impact: The contract will be decreased by $119,252.69 to close out the project. Recommendation: Staff recommends approval. Attachments: Resolution City of Brookings Printed on 11/21/2017Page 1 of 1 powered by Legistar™ Resolution 17-108 Resolution Authorizing Change Order No. 1, Final, for 2017-01SWR, Concrete Maintenance Project; Clark Drew Construction, Inc. Be It Resolved by the City Council that the following Change Order be allowed for 2017- 01SWR, Concrete Maintenance Project: Construction Change Order Number 1 (Final): Adjust plan quantities to as- constructed quantities and for additional storm sewer work for a total decrease of $119,252.69 to close out the project. Passed and approved this 28th day of November, 2017. CITY OF BROOKINGS ________________________________ Keith W. Corbett, Mayor ATTEST: _________________________ Shari Thornes, City Clerk City of Brookings Staff Report Brookings City & County Government Center, 520 Third Street Brookings, SD 57006 (605) 692-6281 phone (605) 692-6907 fax File #:RES 17-107,Version:1 Action on Resolution 17-107, a Resolution awarding the contract for the purchase of two (2) New 2018 Pick-ups, a Chevrolet Silverado ¾ Ton 4x4 Extended Cab Short Box and a Chevrolet Silverado 4x4 Crew Cab for the Parks, Recreation & Forestry Dept. (Parks) through the SD State Bid Contract. Summary: Council approval is requested for the purchase of two pick-ups, an extended cab 4x4 and a crew cab 4x4 as listed in the 2018 CIP. Multiple bids were solicited through the SD State Contracting Service and the low bid was received from Beck Motors, Inc. Fiscal Impact: Purchase price of the vehicles is $58,784.00. Budgeted CIP amount was $64,000. Recommendation: Staff recommends approval. Attachments: Resolution City of Brookings Printed on 11/21/2017Page 1 of 1 powered by Legistar™ Resolution 17-107 Resolution awarding the contract for the purchase of two (2) New 2018 Pick-ups, a Chevrolet Silverado ¾ Ton 4x4 Extended Cab Short Box and a Chevrolet Silverado 4x4 Crew Cab for the Parks, Recreation & Forestry Dept. (Parks) through the SD State Bid Contract. Whereas, the City of Brookings Parks, Recreation & Forestry Dept. has sought and received the following quote for two new 2018 pick-ups from the Beck Motors, Inc. State Bid Contract #17144 Item #15 and Item #33: Company State Bid Amount Beck Motors, Inc.Item #15 $28,832.00 Item #33 $29,952.00 Total:$58,784.00 and; Whereas, the two new 2018 Pick-ups, a Chevrolet Silverado ¾ Ton 4x4 Extended Cab Short Box and a Chevrolet Silverado 4x4 Crew Cab, will be delivered and payment made after January 1, 2018; and Whereas, the Capital Budget for the purchase is $64,000. Now Therefore, Be It Resolved that the contract from Beck Motors, Inc. in the amount of $58,784.00 be accepted. Passed and approved this 28th day of November, 2017. CITY OF BROOKINGS ________________________________ Keith W. Corbett, Mayor ATTEST: _________________________ Shari Thornes, City Clerk City of Brookings Staff Report Brookings City & County Government Center, 520 Third Street Brookings, SD 57006 (605) 692-6281 phone (605) 692-6907 fax File #:RES 17-111,Version:1 Action on Resolution 17-111, a Resolution awarding the contract for the purchase of one New John Deere 624K Loader for the City of Brookings Street Department through Admin Minnesota. Summary: The City of Brookings Street Department sought and received the following quote for one new 2018 John Deere 624K loader from RDO Equipment Co. through a Minnesota State Bidding Authority called Admin Minnesota. RDO Equipment is shown as a qualified low bidder for articulating wheel loaders and related accessories. This equipment purchase is part of the 2018 Capital Improvement Equipment Budget, and will be received on or after January 1, 2018. Background: Due to Brookings’s impressive growth, the City Street Department will be increasing the fleet of loaders from three to four with this 2018 Capital Improvement purchase. The addition of an extra loader will prove vital in providing our Brookings residents a high level of street maintenance and snow removal operations. Fiscal Impact: The capital for the expenditure of one 2018 John Deere 624K Loader is $182,664.25. The 2018 budgeted amount is $190,000.00, for a savings of $7,335.75. Recommendation: Staff recommends approval. Attachments: Resolution City of Brookings Printed on 11/21/2017Page 1 of 1 powered by Legistar™ Resolution 17-111 Resolution Awarding a Contract for the purchase of one New John Deere 624K Loader for the City of Brookings Street Department through Admin Minnesota. Whereas, the City of Brookings Street Department requests action to purchase a new 2018 John Deere 624K Loader from, RDO Equipment; and Whereas, the RDO Equipment is Contract No. 115215 for an Articulating Wheel Loader and related accessories from Admin Minnesota Contract Release: L-331(5), a Minnesota State Bid provider; and Whereas, the City of Brookings will purchase from RDO Equipment, one 2018 John Deere 624K Loader in the amount of $182,664.25; and Whereas, the Capital Budget for the purchase of one John Deere 624K Loader is $190,000. Whereas, the 2018 John Deere 624K Loader will be delivered and payment made after January 1, 2018; and Now, Therefore, Be It Resolved, that the Contract from RDO Equipment for $182,664.25 be accepted. Passed and approved this 28th day of November, 2017. CITY OF BROOKINGS, SD __________________________ Keith W. Corbett, Mayor ATTEST: ___________________________ Shari Thornes, City Clerk City of Brookings Staff Report Brookings City & County Government Center, 520 Third Street Brookings, SD 57006 (605) 692-6281 phone (605) 692-6907 fax File #:ID 2017-0698,Version:1 Action on a Preliminary Plat for Block 3 and Lots 1-10, Block 4, D and D Addition, a portion of 7 th Avenue South, and a portion of 15th Street South. Summary: The City of Brookings is seeking Preliminary Plat approval of ten (10) residential lots and a tract of land for future storm water improvements. The plat also shows right-of-way for a portion of 7 th Avenue South and a portion of 15th Street South. Background: The property is owned by the City of Brooking and zoned R-3. Block 3 will remain as a large tract as it will be used for public drainage improvements. The City plans to construct portions of both 7 th Avenue South and 15th Street South to connect to the existing street network as described by the 2011 Brookings Area Master Transportation Plan. The lots are shown on the Preliminary Plat to establish a baseline density showing how the property might be developed in the future. The City plans to work with non-profit groups to create affordable housing units in this area. Findings of Fact: The Preliminary Plat meets the requirements of the Subdivision Regulations and Zoning Ordinance. City Engineer’s Comments: A detention pond on the northwest corner of 7th Avenue South and 15th Street South is being incorporated into the street construction plans and there are no additional drainage requirements for this plat. Planning Commission Recommendation: The Planning Commission 9-0 to recommend approval of the Preliminary Plat. Attachments: Planning Commission Minutes 11-07-2017 Hearing Notice Preliminary Plat Area Map City of Brookings Printed on 11/21/2017Page 1 of 1 powered by Legistar™ Planning Commission Brookings, South Dakota November 7, 2017 OFFICIAL MINUTES Chairperson Al Heuton called the regular meeting of the City Planning Commission to order on Tuesday, November 7, 2017, at 5:30 PM in the Chambers Room #310 on the third floor of the City & County Government Center. Members present were Tanner Aiken, James Drew, Greg Fargen, Alan Gregg, Alan Johnson, Lee Ann Pierce, Kristi Tornquist, Eric Rasmussen and Heuton. Also present were Community Development Director Mike Struck, City Engineer Jackie Lanning, David Jones, Joshua Westwick, and others. Item #4a – The City of Brookings has submitted a preliminary plat of Block 3 and Lots 1, 2, 3, 4 5, 6, 7, 8, 9, and 10, Block 4, in D and D Addition, a Portion of 7th Avenue South and a Portion of 15th Street South. (Gregg/Pierce) Motion to approve the preliminary plat. (Rasmussen/Pierce) Amendment to the original motion to eliminate the right-of-way of 7th Avenue South north of 15th Street South. Rasmussen voted aye. All others voted no. MOTION FAILED. Original motion to approve the preliminary plat was voted on. All present voted aye. MOTION CARRIED. OFFICIAL SUMMARY Item #4a – This is a preliminary plat of ten residential lots and a tract of land for drainage facilities. The plat also shows rights-of-way for a portion of 7th Avenue South and a portion of 15th Street South. Block 3 on the north side will remain owned by the City of Brookings for the drainage facilities. Rasmussen asked what the long term plan is for the north end of 7th Avenue South? Because of a small community park and the dog park along the proposed 7th Avenue South section, he feels that 7 th Avenue South should stop at 15th Street South. He is concerned for the safety of citizens if this street continues through. Additionally, he is concerned about the bike path that will have to cross 7th Avenue South. Struck explained that 7th Avenue South is part of the Major Street Plan as this street would connect for a direct route to Medary Elementary School. The City has planned, for several years, to have 7th Avenue South connect and run all the way through from north to south. The plan is for 15th Street South to connect from Main Avenue east to 17th Avenue South. Struck stated that the Comprehensive Plan would have to be amended for the Major Street Plan if the Planning Commission votes not to warrant the extension of 7th Avenue South. Struck also explained that the land north of Block 3 is privately owned and the landowners plan to develop this for business opportunities. Pierce asked exactly what the plans are for the drainage facilities? Struck stated that the city is considering implementing a drainage pond in this area. Currently the water flows on the south side of Midwest Glass through the trees along the bike trail and a pond would be able to control the flow of this drainage. Fargen asked what the plan was for the construction of 15th Street South? Struck stated the street and utility extension would connect to the existing portion of 15th Street South near the mobile home park. If you require assistance,alternative formats and/or accessible locations consistent with the Americans with Disabilities Act, please contact the City ADA Coordinator at 692-6281 at least 48 hours prior to the meeting. NOTICE OF HEARING ON A PRELIMINARY PLAT NOTICE IS HEREBY GIVEN That the City of Brookings has submitted a preliminary plat of the following described real estate situated in the City of Brookings in Brookings County, South Dakota, to wit: Block 3 and Lots 1, 2, 3, 4, 5, 6, 7, 8, 9, and 10, Block 4, D and D Addition, a Portion of 7th Avenue South and a Portion of 15th Street South NOTICE IS FURTHER GIVEN That said request will be acted on by the City Planning Commission at 5:30 PM on Tuesday, November 7, 2017, in the Chambers Room on the third floor of the Brookings City and County Government Center at 520 Third Street, Brookings, South Dakota. Any action taken by the City Planning Commission is a recommendation to the City Council. Any person interested may appear and be heard in this matter. ____________________________ Staci Bungard City Planner B rook ings County, SD Area Map 207 ft Overvi ew Legend Br ookings City Limits City L imits City Zoning A AP B-1 B-2 B-2A B-3 B-4 B-5 I-1 I-1R I-2 JJ-A JJ-B3 JJ-I1 JJ-I1R JJ-R1A JJ-R1B JJ-R3A PDD R-1 R-1A R-1B R-1C R-2 R-3 R-3A RB-4 RMH T ow nship Boundar y Sections Parcels Roa ds Developed by The Schneider Corporation Par cel ID 409601105035400 Sec/T wp/Rng 35-110-50 Pr oper ty Address Alter na te ID n/a Class G Acr ea ge n/a O w ner Addr ess BRO O KINGS C ITY P O BOX 270 BRO O KINGS SD 57006 Distr ict 4001 - BROOKINGS/BROOKINGS SC H Br ief T ax Descr iption O UTLOTS, OL A EXC . LOT H2 & EXC . D & D ADDN OF SE 1/4 IN SEC 35-110-50, 8.51 AC (Note: Not to be used on leg a l documents) Date created: 10/25/2017 Last Data Uploa ded: 10/25/2017 1:47:55 AM  City of Brookings Staff Report Brookings City & County Government Center, 520 Third Street Brookings, SD 57006 (605) 692-6281 phone (605) 692-6907 fax File #:ID 2017-0671,Version:1 Brookings Municipal Utilities Financial Report. Summary: Presentation by Steve Meyer, General Manager, and Laura Julius, Finance & Account Manager. Attachments: Presentation City of Brookings Printed on 11/17/2017Page 1 of 1 powered by Legistar™ QUARTERLY FINANCIAL PRESENTATION BMU / SWIFTEL COMMUNICATIONS November 28, 2017 Combining Balance Sheet December 31, 2014, 2015, 2016 & September 30, 2017 Reported in Millions (0,000,000) Total Funds 2014 Total Funds 2015 Total Funds 2016 Total Funds 9/30/17 Assets:$62.5 $71.7 $73.6 $77.2 Fixed Assets: Cost $193.2 $203.0 $205.7 $212.4 Accumulated Depr.($92.1)($96.0)($95.9)($100.7) Total Fixed Assets $101.1 $107.0 $109.8 $111.7 Total Assets $163.6 $178.7 $183.4 $188.9 Liabilities:$54.9 $58.2 $55.1 $56.2 Equity:$108.7 $120.5 $128.3 $132.7 Total Liabilities & Equity $163.6 $178.7 $183.4 $188.9 BMU Balance Sheets by Fund September 30, 2017 Reported in Millions (0,000,000) Electric Fund Telephone Fund Wastewater Fund Water Fund Total Funds Assets:$18.7 $30.6 $12.5 $15.4 $77.2 Fixed Assets: Cost $54.9 $85.7 $54.2 $17.6 $212.4 Accumulated Depr.($20.0)($60.8)($12.6)($7.3)($100.7) Total Fixed Assets $34.9 $24.9 $41.6 $10.3 $111.7 Total Assets $53.6 $55.5 $54.1 $25.7 $188.9 Liabilities:$10.4 $15.5 $29.7 $0.6 $56.2 Equity:$43.2 $40.0 $24.4 $25.1 $132.7 Total Liabilities & Equity $53.6 $55.5 $54.1 $25.7 $188.9 Combined Statement of Revenue and Expenses December 31, 2014, 2015, 2016 & Budget 2017 Reported in Millions (0,000,000) Total Funds 2014 Total Funds 2015 Total Funds 2016 Total Funds Budget 2017 Total Revenue:$73.3 $72.6 $72.2 $72.6 Total Expenses:($61.6)($61.3)($62.3)($66.1) Income Before Operating Transfers $11.7 $11.3 $9.9 $6.5 General Fund Transfer:($2.1)($2.1)($2.2)($2.3) Net Income $9.6 $9.2 $7.7 $4.2 Combined Statement of Revenue and Expenses September 30, 2014, 2015, 2016 & 2017 Reported in Millions (0,000,000) Total Funds 9/30/14 Total Funds 9/30/15 Total Funds 9/30/16 Total Funds 9/30/17 Total Revenue:$52.9 $54.4 $53.5 $53.2 Total Expenses:($45.7)($46.2)($45.8)($47.1) Income Before Operating Transfers $7.2 $8.2 $7.7 $6.1 General Fund Transfer:($1.5)($1.6)($1.6)($1.7) Net Income $5.7 $6.6 $6.1 $4.4 BMU Statement of Revenue and Expenses September 30, 2017 Reported in Millions (0,000,000) Electric Fund Telephone Fund Wastewater Fund Water Fund Total Funds Total Revenue:$21.6 $23.4 $3.9 $4.3 $53.2 Total Expenses:($18.8)($22.4)($3.5)($2.4)($47.1) Income Before Operating Transfers $2.8 $1.0 $0.4 $1.9 $6.1 General Fund Transfer:($1.6)($0.1)$0.0 $0.0 ($1.7) Net Income $1.2 $0.9 $0.4 $1.9 $4.4 BMU Statement of Revenue and Expenses Reported in Millions (0,000,000) Actual YTD 9/30/17 Budget YTD 9/30/17 Annual Budget 2017 Total Revenue:$53.2 $54.1 $72.6 Total Expenses:($47.1)($49.6)($66.1) Income Before Operating Transfers $6.1 $4.5 $6.5 General Fund Transfer:($1.7)($1.7)($2.3) Net Income $4.4 $2.8 $4.2 $0 $5,000,000 $10,000,000 $15,000,000 $20,000,000 $25,000,000 $30,000,000 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 3Q2017 2017 Budget Capital Expenditures -Total Funds Questions City of Brookings Staff Report Brookings City & County Government Center, 520 Third Street Brookings, SD 57006 (605) 692-6281 phone (605) 692-6907 fax File #:ID 2017-0701,Version:1 Informational presentation pertaining to Transitional Housing. Summary: Mr. Craig Pahl, Chair of the Brookings Empowerment Project, would like to present information to the City Council pertaining to an opportunity for transitional housing for certain clients as part of a return- to-work program. Recommendation: Only informational at this time. City of Brookings Printed on 11/21/2017Page 1 of 1 powered by Legistar™ City of Brookings Staff Report Brookings City & County Government Center, 520 Third Street Brookings, SD 57006 (605) 692-6281 phone (605) 692-6907 fax File #:RES 17-102,Version:1 Action on Resolution 17-102, a Resolution authorizing Change Orders No. 1 and No. 2 (Final) for the Brookings Arts Council Renovation (Carnegie Building) Project; Visions Construction Group of Tea, SD. Summary: The 101-year-old Carnegie building, home of the Brookings Arts Council, also known as the Community Cultural Center for more 40 years, has received much-needed upgrades. The contractor embarked on a mechanical (HVAC) and electrical system overhaul. The building was outfitted with a roof-top ground-mounted HVAC unit and new electrical service to support the growing needs of the Arts Council. A new ADA compliant bathroom was constructed to accommodate the needs of all patrons. Hardwood flooring (main gallery) and various other finishes completed the renovation work for this project. Background: The building’s HVAC and mechanical systems were deteriorated and no longer met Building Code. The need to replace additional items was an inevitable reality. The Architect had originally budgeted a $45,000 contingency to cover unforeseen expenses to the old building. The City had originally planned to upgrade the mechanical and electrical systems in 2016 before the winter months, but later decided to propose a full-scale project to rehabilitate the historic building. The original budget to replace the mechanical and electrical systems was $100,000 to be funded from the Parks Division Budget as a capital improvement. Some of the $100,000 budget was used to commission JLG Architects and their expertise to design and conceptualize a rehabilitation project for this facility. After commissioning JLG Architects, $69,253.80 of Parks Division Capital Improvements Funds were left in the account. This remainder was rolled over to year 2017 to supplement the rehabilitation project for this facility. The new budgeted contingency for this project was $114,253.80. The project had unforeseen challenges. Change Orders No. 1 and 2 (final) were necessary to accommodate unforeseen challenges. Please see attached document labeled “Change Order Detail” for a breakout of costs associated with Change Orders No. 1 and 2. Originally, the total construction budget for the project was $416,395 with a $45,000 contingency. Adding an additional $69,253.80 to the construction budget increased the City’s ability to finance unforeseen items. The City was able to complete the project just under the $530,648.80 budget at $516,752.67. Fiscal Impact: This project came under budget by $13,896.13. A generous donor has committed to 2/3 of total funding for the project, which was estimated at City of Brookings Printed on 11/17/2017Page 1 of 2 powered by Legistar™ File #:RES 17-102,Version:1 approximately $481,000. The City has budgeted $175,000 for the City’s share of the project. The City plans on meeting with the donor to discuss the final construction budget and costs so the final construction budget is utilized in the cost share formula. Recommendation: Staff recommends approval. Attachments: Resolution Change Order Detail City of Brookings Printed on 11/17/2017Page 2 of 2 powered by Legistar™ Resolution 17-102 A Resolution authorizing Change Orders No. 1 and No. 2 (Final) for the Brookings Arts Council Renovation (Carnegie Building) Project; Visions Construction Group of Tea, SD Be It Resolved by the City Council that the following Change Order be allowed for Brookings Arts Council’s Renovation, Construction Change Order Numbers No. 1 and No.2 (Final): Adjust scope of work to eliminate VCT in the basement, add sheet vinyl, replace ice/watershield on roof, add exterior lighting, and incorporate kitchen and second bathroom renovation for a total savings of $13,896.13 to close out the project. Passed and approved this 28th day of November, 2017. CITY OF BROOKINGS _________________________ Keith W. Corbett, Mayor ATTEST: ____________________________ Shari Thornes, City Clerk Change order 1 was comprised of the following ($111,741.10): Description of Work Amount Window case work, labor, and material (North Windows discovered) $12,881.27 Plaster patching (Budgeted at $33.00/sq.ft.) Attic Insulation (not budgeted) Wood stairs (originally budgeted for carpet) Add basement Concrete floor and landing (Not budgeted, necessary to level floor) Seal concrete floor (Originally planned for a VCT flooring) $1,851.53 Misc. electrical Plaster patching (Budgeted at $33.00/sq.ft.) Exhaust fan relocation (Basement bathroom) Kitchen renovation (Not originally budgeted) Replacement of roof including copper gutters, downspouts, underlayment (rain, snow, and ice shield), and clay tile (Unanticipated repair) $97,008.53 Change order No. 2 (final) was comprised of the following ($7,769.20) Description of Work Amount Existing toilet room updates (Budgeted for ADA bathroom, but left out other bathroom. Upgraded lighting and fixtures, and added paint) $7,769.20 Exterior lighting (Upgraded north, east, and south lighting to LED) Kitchen refrigerator and water line (Added a new refrigerator to support water line for existing cappuccino machine) City of Brookings Staff Report Brookings City & County Government Center, 520 Third Street Brookings, SD 57006 (605) 692-6281 phone (605) 692-6907 fax File #:RES 17-101,Version:1 Action on Resolution 17-101, a Resolution awarding a contract for the construction of a new Sexauer Park Restroom Facility. Summary: On November 7, 2017, a bid opening was held for the construction of a new Sexauer Park Restroom Facility. Background: The current restroom and shower facility constructed in 1982 is in need of replacement. The current restroom is not ADA compliant, and because of its age, the fixtures, plumbing, and roof system is deteriorating. Sexauer Park is the only park in Brookings where camping is allowed. The campground contains 18 paved pads suitable for trailers, RVs, campers and similar vehicles. Additionally, there is a large grass site available for tents. The east portion of Sexauer Park consists of a playground, sand volleyball courts and a multi-purpose open green space area. The project includes removing the existing restroom and shower facility and replacing it with a new comfort station facility. The current facility includes a women and men’s restroom and a utility room. The women’s restroom consists of three toilet stalls, a sink and one shower. The men’s restroom consists of one urinal, two toilet stalls, a sink and one shower. The new proposed restroom will be located in the same location as the current facility. The facility will consist of four separate unisex restrooms. The restrooms would be ADA compliant and each will include a toilet and sink. In addition, two of the four restrooms will have a shower. The floor plan will provide additional privacy and be an efficient dual-use facility for the campground users as well as the park patrons. A final project completion date will be mid-June 2018. Staff recommends constructing the Sexauer Park Restroom Facility in 2017/2018 at the bid price of $208,000.00. Clark Drew Construction, Inc. was the low bidder. Two bids were received for the project. Fiscal Impact: ·Architect/Engineer Professional Services:$30,578.22 ·Construction Restroom Facility bid price:$208,000.00 Total:$238,578.22 Capital Improvement Plan 2017 CIP City Council supported budget of $283,753 for professional design services and for construction of a new Restroom Facility at Sexauer Park. Recommendation: Staff recommends approval. City of Brookings Printed on 11/17/2017Page 1 of 2 powered by Legistar™ File #:RES 17-101,Version:1 Attachments: Resolution City of Brookings Printed on 11/17/2017Page 2 of 2 powered by Legistar™ Resolution 17-101 Resolution Awarding a Contract for the Construction of a new Sexauer Park Restroom Facility Whereas, the City of Brookings held a bid letting at 1:30 p.m. on Tuesday, November 7, 2017; and Whereas, the City of Brookings has received the following bids for the construction of a new Sexauer Park Restroom Facility: Company Bid Amount Clark Drew Construction, Inc.$208,000.00 Visions Construction Group, Inc.$222,800.00 Now, Therefore, Be It Resolved that the low bid from Clark Drew Construction, Inc. in the amount of $208,000.00 be accepted. Passed and approved this 28th day of November, 2017. CITY OF BROOKINGS ______________________________ Keith W. Corbett, Mayor ATTEST: _________________________ Shari Thornes, City Clerk City of Brookings Staff Report Brookings City & County Government Center, 520 Third Street Brookings, SD 57006 (605) 692-6281 phone (605) 692-6907 fax File #:RES 17-105,Version:1 Action on Resolution 17-105, a Resolution Authorizing Change Order No. 1 (Final) for 2017-08STI Street Maintenance & Overlay Project; Bowes Construction, Inc. Summary: The Resolution will approve the Final Change Order for 2017-08STI Street Maintenance & Overlay Project with Bowes Construction, Inc. to adjust bid quantities to as-constructed quantities and for additional storm sewer work at the airport for a total increase of $7,011.66 to close out the project. Background: This project was the Annual Street Maintenance Project, which includes asphalt milling, digouts, and overlays on various streets in Brookings in need of repair. The areas that were repaired this year included: ·Alley Paving from 1st Street So. to 2nd Street So. between 5th Avenue So. and 6th Avenue So. This is an Assessment Project to pave the alley that was approved by the City Council. The assessment cost will be based on the actual construction costs and the assessment steps will proceed after this Change Order is approved. ·David Cove, north of Martin Boulevard: milling and asphalt overlay. ·Onaka Trail, south of 8th Street So.: digouts, milling, and asphalt overlay. ·Crystal Ridge Road between Indian Hills Road and Trail Ridge Road: digouts, milling, and asphalt overlay. ·Bike Trail: asphalt overlay on the Bike Trail along 22nd Avenue and along 8th Street So., west of Main Avenue So. ·Brookings Regional Airport: digouts and asphalt overlay in the hangar area on the east side of the Airport. The project is completed and is ready to be closed-out. This Change Order will adjust the bid quantities to as-constructed quantities and for an additional storm sewer drain at the Airport for a total increase of $7,011.66 to close-out the project. The increase in cost for the project was primarily due to the final asphalt quantity being slightly higher than the bid quantity. The cost increase is within the budgeted amount and does not require a Budget Amendment. The following is a summary of the contract: Original Contract Price:$384,690.00 Increase from Previously Approved Change Orders:$0.00 Contract Price Prior to this Change Order:$384,690.00 Increase of this Change Order (No. 1 Final):$7,011.66 Contract Price incorporating this Change Order:$391,701.66 Fiscal Impact: The contract will be increased by $7,011.66 to close out the project. City of Brookings Printed on 11/21/2017Page 1 of 2 powered by Legistar™ File #:RES 17-105,Version:1 Recommendation: Staff recommends approval. Attachments: Resolution City of Brookings Printed on 11/21/2017Page 2 of 2 powered by Legistar™ Resolution 17-105 Resolution Authorizing Change Order No. 1, Final, for 2017-08STI Street Maintenance and Overlay Project; Bowes Construction, Inc. Be It Resolved by the City Council that the following Change Order be allowed for 2017- 08STI, Street Maintenance and Overlay Project: Construction Change Order Number 1 (Final): Adjust plan quantities to as- constructed quantities and for additional storm sewer work at the airport for a total increase of $7,011.66 to close out the project. Passed and approved this 28th day of November, 2017. CITY OF BROOKINGS ________________________________ Keith W. Corbett, Mayor ATTEST: _________________________ Shari Thornes, City Clerk City of Brookings Staff Report Brookings City & County Government Center, 520 Third Street Brookings, SD 57006 (605) 692-6281 phone (605) 692-6907 fax File #:ORD 17-025,Version:1 Introduction and First Reading on Ordinance 17-025, an Ordinance revising Division 3 of Chapter 82 of the Code of Ordinances of the City of Brookings and Pertaining to Speed Zones in the City of Brookings, South Dakota. Second Reading: December 12, 2017. Summary: This Ordinance will revise the Brookings City Ordinance for speed limits on 6th Street to be the same as the speed limits adopted by the State of South Dakota and for speed limit changes on 20 th Street South between Main Avenue South and Western Avenue South. Background: The State of South Dakota recently adopted new speed limits for 6th Street, which is a state highway. The new speed limit for 6th Street was changed to be 35 miles per hour from 370 feet east of 17th Avenue to the east City limits of Brookings. The City staff also found that the City Ordinance had not been updated to reflect a new speed limit on 20th Street South between Main Avenue South and Western Avenue South. The Traffic Safety Committee recommended at their September 10, 2015 meeting to change the speed limit on 20th Street South between Main Avenue South and Western Avenue to 25 mph, and the minutes are attached. The City Ordinance will reflect the new speed limits on 6th Street, east of 17th Avenue and on 20th Street South between Main Avenue South and Western Avenue South. Fiscal Impact: None. Attachments: Ordinance - clean version Ordinance - marked version Traffic Safety Minutes 9/10/2015 City of Brookings Printed on 11/21/2017Page 1 of 1 powered by Legistar™ Ordinance 17-025 An Ordinance Revising Division 3 of Chapter 82 of the Code of Ordinances of the City of Brookings and Pertaining to Speed Zones in the City of Brookings, South Dakota. Be It Ordained by the City of Brookings that Section 305 of Division 3 of Chapter 82 of the Code of Ordinances of the City of Brookings be amended to read as follows: Sec. 82-305. Speed zones. (d) The following speed limits are established for the streets and portions of streets enumerated as follows: Street Extent Speed Main Avenue South From 175 feet south of 1 st Street South to 3,960 feet south of 20th Street South 35 Medary Avenue From 325 feet north of North Campus Drive to US Highway 14 Bypass 35 From US Highway 14 Bypass to the north city limits 45 Medary Avenue South From 70 feet south of 16th Street South to the south city limits 35 22nd Avenue From US Highway 14 Bypass to the south city limits 35 8th Street South From the west city limits to 22nd Avenue South 35 20th Street South From Main Avenue South to 22nd Avenue South 35 34th Avenue From US Highway 14 to US Highway 14 Bypass 35 34th Avenue From US Highway 14 to the south city limits 35 US Highway 14 From the west city limits southeasterly to a point 55 1,560 feet northwesterly of the intersection of US Highway 14 and Western Avenue From 1,560 feet northwesterly of Western Avenue to 100 feet northwesterly of Western Avenue 40 From 100 feet Northwesterly of Western Avenue To 370 feet east of 17th Avenue 30 From 370 feet east of 17 th Avenue to the east city limits 35 US Highway 14 Bypass From the west city limits to the east city limits 55 West 2nd Street South From Western Avenue to Division Avenue 35 Western Avenue From West 2nd Street South to north city limits 35 Western Avenue South From West 8th Street South to south city limits 35 West 20th Street South From Main Avenue South to Western Avenue South 25 From Western Avenue South to west city limits 35 II. Any or all ordinances in conflict herewith are hereby repealed. First Reading:November 28, 2017 Second Reading and Adoption: Published: CITY OF BROOKINGS, SD Keith W. Corbett, Mayor ATTEST: Shari Thornes, City Clerk Ordinance 17-025 An Ordinance Revising Division 3 of Chapter 82 of the Code of Ordinances of the City of Brookings and Pertaining to Speed Zones in the City of Brookings, South Dakota. Be It Ordained by the City of Brookings that Section 305 of Division 3 of Chapter 82 of the Code of Ordinances of the City of Brookings be amended to read as follows: Sec. 82-305. Speed zones. (d) The following speed limits are established for the streets and portions of streets enumerated as follows: Street Extent Speed Main Avenue South From 175 feet south of 1 st Street South to 3,960 feet south of 20th Street South 35 Medary Avenue From 325 feet north of North Campus Drive to US Highway 14 Bypass 35 From US Highway 14 Bypass to the north city limits 45 Medary Avenue South From 70 feet south of 16th Street South to the south city limits 35 22nd Avenue From US Highway 14 Bypass to the south city limits 35 8th Street South From the west city limits to 22nd Avenue South 35 20th Street South From Main Avenue South to 22nd Avenue South 35 34th Avenue From US Highway 14 to US Highway 14 Bypass 35 34th Avenue From US Highway 14 to the south city limits 35 US Highway 14 From the west city limits southeasterly to a point 55 1,560 feet northwesterly of the intersection of US Highway 14 and Western Avenue From 1,560 feet northwesterly of Western Avenue to 100 feet northwesterly of Western Avenue 40 From 100 feet Northwesterly of Western Avenue To 370 feet east of 17th Avenue 30 From 370 feet east of 17 th Avenue to 428 feet west of Lefevre Drive to the east city limits 35 From 428 feet west of Lefevre Drive to the east city limits 45 US Highway 14 Bypass From the west city limits to the east city limits 55 West 2nd Street South From Western Avenue to Division Avenue 35 Western Avenue From West 2nd Street South to north city limits 35 Western Avenue South From West 8th Street South to south city limits 35 West 20th Street South From Main Avenue South to west city limits Western Avenue South 3525 From Western Avenue South to west city limits 35 II. Any or all ordinances in conflict herewith are hereby repealed. First Reading:November 28, 2017 Second Reading and Adoption: Published: CITY OF BROOKINGS, SD Keith W. Corbett, Mayor ATTEST: Shari Thornes, City Clerk BROOKINGS TRAFFIC SAFETY COMMITTEE City & County Government Center Thursday, September 10, 2015 12:10 p.m. The Brookings Traffic Safety Committee held its monthly meeting on Thursday, September 10, 2015, at 12:10pm in the City & County Government Center Suite 230, Room 241. Members Present:Carol Rettkowski, Tony Sonnenburg, John Howard, Skip Webster, Brian Lueders, Becky Schmieding, Shayn Damm, James Weiss, Jeff Miller, and Jackie Lanning. Members Absent:Gary Gramm, Gregg Jorgenson, Tim Heaton, and Pete Kirchhevel. Others Present: Matt Bartley Call to Order: Howard called the meeting to order. Webster/Schmieding made a motion to approve the minutes from the August 13, 2015 meeting. All present voted aye. Motion passed. Additions to Agenda: None Old Business: Discussion on the speed limit on 20th Street South between Western Avenue South and Main Avenue South Lanning stated last month the committee decided to monitor this area after the new school opened to watch the traffic patterns. Miller stated he has not seen any foot traffic crossing 20th Street South; however he saw a lot of vehicle traffic going both ways on the road. He stated after the development was finished, he believed there would be more pedestrian traffic. Vehicles driving easterly on 20th Street South have limited visibility over the hill and the speed limit is currently 35 mph. Miller would like the speed limit to be lowered to 25 mph especially with visibility over the hill. Webster agreed and stated the speed limit is 55 mph west of Western Avenue and that vehicles traveling east on 20 th Street South are traveling at a high speed. Schmieding asked if a 4-way stop sign at Western Avenue and 20th Street South would be a better option. Miller said in the future the stop signs may be an option. Lanning stated the City would need to conduct a traffic study to see if the intersection would warrant a 4-way stop sign. Schmieding asked when 20th Street South is widened in 2017 if there would be pedestrians crossing the road. She stated if the east end of 20 th Street South is 35 mph, then making a section of the road 25 mph seemed inconsistent. Rettkowski stated she drove the area and would like to see signs installed warning of the reduced speeds. Webster/ Rettkowski made a motion to reduce the speed limit to 25 mph on 20th Street South between Western Avenue South and Main Avenue South. 7 members voted aye, 2 members voted no. Motion passed. New Business: Member Reports: Lanning received a request to look at parking on 13th Avenue between 5th Street and 7th Street which will be on next month’s agenda. Lanning received a request to have DOT to conduct a traffic study at 13th Avenue and 6th Street to see if a signal is needed at that intersection or if the 12th Avenue signal could be moved. Weiss asked if the 3-way stop sign can be removed due to the construction being completed on 12th Avenue and 8th Street. The next meeting will be October 8, 2015. Meeting adjourned. Submitted by: Chris Larson City of Brookings Staff Report Brookings City & County Government Center, 520 Third Street Brookings, SD 57006 (605) 692-6281 phone (605) 692-6907 fax File #:ORD 17-026,Version:1 Introduction and First Reading on Ordinance 17-026, an Ordinance amending Section 94-398 of the Zoning Ordinance, pertaining to fences, walls, and hedges. Public Hearing: December 12, 2017. Summary: Staff has prepared an Ordinance Amendment to the fences, walls, and hedges section of the Zoning Ordinance. Background: Currently, the Ordinance prohibits any fence, wall, or hedge above 30 inches in the front yard. A fence with a horizontal rail design that is 70 percent open may be up to 42 inches in height. The front yard includes all the yard area between the front of the residence and the front property line. In an effort to work with property owners, staff is proposing an amendment that will allow fences, hedges, and walls in the front yard to be maximum height of 4 feet. Any fence, wall, or hedge shall not be over 30 inches in height in the sight distance triangle, unless the design is at least 70 percent open for fences. The Planning Commission tabled the item on September 5, 2017 and again on October 3, 2017. Planning Commission Recommendation: The Planning Commission voted 8-1 to recommend approval of the ordinance amendment on November 7, 2017. Attachments: Ordinance - Clean Copy Ordinance - Marked Copy Planning Commission Minutes 9/5/2017, 10/3/2017, 11/7/2017 Hearing Notice Comparison Chart City of Brookings Printed on 11/21/2017Page 1 of 1 powered by Legistar™ Page 1 Ordinance 17-026 An ordinance amending the Zoning Ordinance of the City of Brookings and pertaining to fences, walls, and hedges for the purpose of administration of the Zoning Ordinance Be It Ordained by the Council of the City of Brookings, State of South Dakota: that Chapter 94, Zoning, Section 94-394, Subsection (a) and (b) shall be amended as follows: I. Sec. 94-398. - Fences, walls, hedges (a)Regulations generally.Regulations regarding fences, walls, and hedges are as follows: In all residential districts and on lots used principally for residential purposes in any business or industrial district, privacy fencing utilizing solid board or other similarly designed fences, walls and hedges shall not exceed 48 inches in height when located between the front lot line and the principal building. Fences and walls on any other part of a lot may not exceed six feet in height when located within the minimum required setback area. The height of such walls and fences shall be determined by measurement from the ground level at the lowest grade within three feet of either side of such fence or wall. (1) Fences, walls, and hedges, shall be a maximum of 30 inches in height in the sight triangle as referenced in Section 94-407. (2) Fences with a design that results in 70 percent or more of open space from the grade to the top may be permitted in the required site triangle. (b)Exceptions. (1) Fences, walls and hedges up to six feet in height may be placed in a front yard opposite the street address of a lot abutting an arterial street where: a. The lot is a double frontage lot; and b. The lot is not adjacent to an alley which accesses onto the arterial street; and c.The lot is not a corner lot; and d. No driveways exit onto the arterial street; and e. The fence, wall or hedge is set back four or more feet from the front property line. (2) Fences, walls and hedges up to six feet in height may be placed in a front yard opposite the street address of a lot abutting a local or collector street where: a. The lot is a double frontage lot; and b. The fence, wall or hedge meets the minimum required setback of the district the lot is located in. (c) In all business districts, fences up to eight feet in height may be erected within 20 feet of any front property line and up to any side or rear property line. Exception: Fences shall not be erected between a lot line and any areas required to be landscaped. This provision shall not prohibit the screening of outdoor storage of materials and inventory as required by other sections of this chapter. Amend Section 94-1. Definitions. Page 2 Hedges: a fence or boundary formed by a dense row of shrubs, bushes, or low lying trees. II. Any or all ordinances in conflict herewith are hereby repealed. First Reading:November 28, 2017 Public Hearing and Adoption: Published: CITY OF BROOKINGS, SD _________________________ Keith W. Corbett, Mayor ATTEST: ________________________ Shari Thornes, City Clerk Page 1 Ordinance 17-026 An ordinance amending the Zoning Ordinance of the City of Brookings and pertaining to fences, walls, and hedges for the purpose of administration of the Zoning Ordinance Be It Ordained by the Council of the City of Brookings, State of South Dakota: that Chapter 94, Zoning, Section 94-394, Subsection (a) and (b) shall be amended as follows: I. Sec. 94-398. - Fences, walls, hedges (a)Regulations generally.Regulations regarding fences, walls, and hedges are as follows: In all residential districts and on lots used principally for residential purposes in any business or industrial district, privacy fencing utilizing solid board or other similarly designed fences, walls and hedges shall not exceed 48 inches 30 inches in height when located between the front lot line and the principal building. Fences with a horizontal rail design that results in 70 percent or more of open space from grade to the top of the top rail may extend 42 inches above the adjacent grade measured from grade to the top of the top horizontal rail. Fences and walls on any other part of a lot may not exceed six feet in height when located within the minimum required setback area. The height of such walls and fences shall be determined by measurement from the ground level at the lowest grade within three feet of either side of such fence or wall. (1)Fences, walls, and hedges, shall be a maximum of 30 inches in height in the sight triangle as referenced in Section 94-407. (2)Fences with a design that results in 70 percent or more of open space from the grade to the top may be permitted in the required site triangle. (b)Exceptions. (1) Fences, walls and hedges up to six feet in height may be placed in a front yard opposite the street address of a lot abutting an arterial street where: a. The lot is a double frontage lot; and b. The lot is not adjacent to an alley which accesses onto the arterial street; and c.The lot is not a corner lot; and d. No driveways exit onto the arterial street; and e. The fence, wall or hedge is set back four or more feet from the front property line. (2) Fences, walls and hedges up to six feet in height may be placed in a front yard opposite the street address of a lot abutting a local or collector street where: a. The lot is a double frontage lot; and b. The fence, wall or hedge meets the minimum required setback of the district the lot is located in. (c) In all business districts, fences up to eight feet in height may be erected within 20 feet of any front property line and up to any side or rear property line. Exception: Fences shall not be erected between a lot line and any areas required to be landscaped. This Page 2 provision shall not prohibit the screening of outdoor storage of materials and inventory as required by other sections of this chapter. Amend Section 94-1. Definitions. Hedges: a fence or boundary formed by a dense row of shrubs, bushes, or low lying trees. II. Any and all ordinances in conflict herewith are hereby repealed. First Reading:November 28, 2017 Public Hearing and Adoption:December 12, 2017 Published: CITY OF BROOKINGS, SD ________________________ Keith W. Corbett, Mayor ATTEST: ________________________ Shari Thornes, City Clerk Planning Commission Brookings, South Dakota September 5th, 2017 OFFICIAL MINUTES Chairperson Al Heuton called the regular meeting of the City Planning Commission to order on Tuesday, September 5, 2017, at 5:30 PM in the Chambers Room #310 on the third floor of the City & County Government Center. Members present were Tanner Aiken, James Drew, Alan Gregg, Alan Johnson, Lee Ann Pierce, Kristi Tornquist, Eric Rasmussen and Heuton. Absent was Greg Fargen. Also present were City Planner Staci Bungard, Community Development Director Mike Struck, City Engineer Jackie Lanning, Mike McClemans, John Mills, Donald Denure, David Jones, Rick Ribstein, Larry Fjeldos, Kelan Bludorn, Mary and Orren Erickson, Kathy Larson, John Kratochvil, Tom Becker, Shawn Weber, Josh Westwick, Stacy Davis, Jolane Tomhave, and others. Item #8c – The City of Brookings has submitted ordinance amendments to Section 94-398 pertaining to Fences, Walls, and Hedges. (Tornquist/Aiken) Motion to approve the ordinance amendments. (Gregg/Rasmussen) Motion to table. All present voted aye. MOTION CARRIED. OFFICIAL SUMMARY Item #8c –Staff has reviewed the current ordinance and is proposing amendments to the ordinance to try to balance neighborhood privacy needs with safety concerns keeping a clear sight distance triangle. Currently fences, walls and hedges can only be 30 inches in height in the front yard. Unless it is a slotted fence that is 70 percent open, then the height restriction is 42 inches in the front yard. Staff is proposing an amendment to allow fences, walls and hedges to be a maximum height of 4 feet in the front yard. However in the sight distance triangle, the fence, wall or hedge will need to be 30 inches or less unless it is 70 percent open then it may be up to 42 inches in height. Heuton clarified that the site triangle includes the right-of-way intersections and the alley. Josh Westwick, 502 9th Avenue, received a letter from the City regarding the height of his hedge. He purchased this house a year ago and had/has never heard of this issue until recently. He feels that the amendments to the site triangle ordinance should itself take care of the safety issue. Westwick has spoken with several residents in Brookings they were never aware of the ordinance or they had not yet been contacted by the City that they needed to take care of the hedge in their yard. Westwick is in favor of an amendment to this ordinance. However, he feels that the amendment being proposed for Section 94-407, Intersection Safety Zones, addresses the safety issues that City Staff are concerned about. He also feels that the word “hedges” should be removed entirely from Section 94-397 upon the approval of the amendments to the site triangle ordinance Section 94-407. Westwick feels that if a resident abides to the site triangle ordinance, then the hedge height in a front yard becomes irrelevant and should not be a concern to the city unless the hedge is hanging over the sidewalk. And if a height needs to be attached to the ordinance, then he feels that the height should be 72 inches. Westwick feels the current ordinance and even the proposed amendments have a negative impact on his quality of life. He also feels that the lowering of the hedges will have a negative impact on his residence. Westwick feels that there are benefits to hedges. They provide greenery, oxygen, privacy, they reduce noise and provide habitat for birds and other species. Hedges also provide charm and character to properties in the historic districts. Westwick was told by city staff that the current ordinance mandates that homeowners are not allowed to have plants, shrubs or bushes that are more than 30 inches in height in front of the house line, regardless if it is a hedge or not. He asked if this is currently included in the hedge ordinance. Struck stated that vegetation of fences, walls and hedges pertains to only the front yard. So if you have landscaping materials, such as taller plants or grasses, they are not considered a hedge. Westwick asked if a standalone bush was considered part of a hedge. Struck stated that they look at the continuous vegetation that could create a solid structure. Westwick wondered if homeowners are allowed to plant gardens in their front yards, and if so, is this attached to the hedge ordinance. Struck stated that they are allowed at this time as long as it doesn’t fit under the definition of a hedge. Westwick questioned what the definition of a low lying tree was. Struck explained that if someone were to plant evergreens at a distance that could grow together, this would be considered a hedge. Westwick feels that the hedges on his property are not a safety concern and he shouldn’t be required to lower his hedges, other than those that are in the site distance triangle. Heuton asked if there would be a ‘grandfathering’ process with this. Struck explained that the City will not be going through a grandfathering process as it would be nearly impossible to keep track of this. Drew asked Westwick what he thinks would be a good height for hedges. Westwick feels that 48 inches is too low and that 72 inches would be a good height in areas of the yard that do not affect the safety of others. Jolane Tomhave also received a letter from the City. She appreciates the safety side of the ordinance at the site triangles and near the driveways. She hadn’t thought about the safety side of it and she appreciates that the city brought this to her attention. She has trimmed the hedges on her property in the site areas but doesn’t agree with the ordinance for the remaining hedges. Staci Davis, 510 9th Ave, explained that they have a hedge that goes along an alley way between her house and the alley. When they purchased the house 4 years ago, they weren’t aware of this ordinance. Since they purchased their property, they have trimmed and lowered the hedge, but she doesn’t agree with a height restriction to hedges unless it is in the site triangle. Tomhave stated that there are benefits to having greenery. The greenery does provide as a buffer from sound and dust. But also provides a habitat for birds. She would like to know what the benefits to cutting down the hedges would be. She would like to see that the hedges remain taller, other than in the safety areas. Heuton has always been concerned that fences, walls, and hedges have always been lumped together. Tornquist wonders why the ordinance doesn’t state anything regarding hedges hanging over the sidewalk. Struck explained that this is enforced in a different ordinance. Pierce is empathetic to the vegetation concerns, but the safety concerns are a bigger issue to her. Drew asked where the City Staff came up with the 48 inches height. Struck explained that City staff completed research on other cities to see what they were using. Struck also noted that some best practice examples noted that the lower height was a benefit to neighbors as they could see into their neighbors yard and notice if things were out of the ordinary. He also noted that hedges should not be removed from the ordinance. Hedges can become a bigger barrier than a fence or wall. Bungard stated that the 48 inch rule in the front yard is a pretty common height nationwide. Pierce commented that the ordinance, the way it is written, could be interpreted differently. Aiken is concerned about the properties that may have a deep, front yard. These hedges may not be a safety concern on these lots, and these people may have to remove a large amount of their hedge and it wouldn’t be necessary. Tornquist asked how tall a fence or hedge could be if it wasn’t in the front yard. Bungard explained that as long as the fence or hedge is not in the setback area, then it can be at any height that the property owner would like. Planning Commission Brookings, South Dakota October 3, 2017 OFFICIAL MINUTES Chairperson Al Heuton called the regular meeting of the City Planning Commission to order on Tuesday, October 3, 2017, at 5:30 PM in the Chambers Room #310 on the third floor of the City & County Government Center. Members present were Tanner Aiken, James Drew, Greg Fargen, Alan Gregg, Lee Ann Pierce, Kristi Tornquist, Eric Rasmussen and Heuton. Absent was Alan Johnson. Also present were City Planner Staci Bungard, City Engineer Jackie Lanning, Ryan McKnight, Jeremy Scott, Blake Hoffman, Nacasius Ujah, Matt Anderson, Jordan McCaskill, Joseph Mohr, Tanner Nelson, Jacob Rohlik, Ryan Schiller, Joshua Westwick, Jolynn Tomhave, and others. Item #6a - The City of Brookings has submitted ordinance amendments to Section 94-398 pertaining to Landscaping. (Gregg/Aiken) Motion to remove from the table. All in favor. (Aiken/Fargen) Motion to approve the amendments. (Rasmussen/Tornquist) Motion to table. All present voted aye. MOTION CARRIED. OFFICIAL SUMMARY Item #6b –Bungard explained that these amendments pertain to Fences, Walls and Hedges in the front yard. Currently there is a 30 inch height maximum in the front yard and the amendment would increase the height to 48 inches. Additionally, horizontal rail design language would be removed from this ordinance. So long as these fences, walls, or hedges do not get into the sight triangle. And fences with a design that would results in 70% or more opening from the grade to the top would be allowed in the sight triangle. Anything within the sight triangle would have a height maximum of 30 inches. Heuton read a letter from Kelly Chromey, a city resident, asking the Planning Commission to consider increasing the height of hedges to 72 inches. She feels that hedges are aesthetically pleasing and provide refuge from wind and rain for wildlife. Hedges also play an important role in minimizing soil loss, regulating water supply and reducing pollution. Chromey feels that the hedges also prevent pedestrians from encroaching upon people’s property. And they provide privacy to property owners. Heuton read a letter from Blake Erickson who is a lifelong resident of Brookings. Erickson feels that the height of the hedges should be increased to 72 inches. He is a runner and has always enjoyed the hedges and doesn’t feel that the hedges are a safety concern. Erickson feels that there are other places in town that have equipment parked along their property lines and at intersections that obstructs the view for pedestrians. Erickson does agree that the hedges in the sight triangles should be cut to the 30 inches for safety reasons. Tornquist read a letter from Jolynn and Thomas Tomhave. The Tomhave’s appreciate that the commission is considering an increase in the height of hedges, with the exception to the sight lines. Tomhave’s feel that the hedges provide a much needed barrier from downtown foot traffic, shade, lush habitat for birds and other species, and beauty to neighborhoods. Tornquist read letter from Rebecca Kuehl Hybbert who would also like to see the hedge height be increased to 72 inches. She feels that the higher hedges will help preserve their properties. Tornquist also read a letter from Karla Hunter who is in support of the increase to 72 inches for hedges, as long as street and sidewalk traffic safety is taken in to consideration. 3 reasons that she feels the height should be increased are: 1. Privacy 2. Individuality of expression and citizen’s rights 3. Greenery is beautiful and provides for biodiversity for mammals and plentiful greener. Josh Westwick, 502 9th Ave – He recalls at the end of a previous meeting that City Staff indicated that if the motion to amend the ordinance amendment, then a discussion could be held to discuss removing hedges from this ordinance. However, the agenda item tonight does not reflect any changes from the previous meeting. He is requesting that the commission again table this item and consider removing the hedges. Westwick feels that hedges of 72 inches should be allowed on private property for the following reasons: Hedges provide residential privacy. Hedges reduce noise. Westwick noted that there is heavy foot traffic by his house during some nights and weekends and the hedges absorb some of the noise. Hedges provide safety and security. Westwick has a garden area that is susceptible to vandalism, theft and damage, however he feels that hedges help keep people on the sidewalk and off of personal property. Hedges provide charm, character and are aesthetically pleasing. Josh feels that Brookings shouldn’t try to be like everybody else and change the ordinance to 48 inches, reduction and removal of hedges will negatively affect the beauty of Brookings. Hedges serve as a natural habitat for birds butterflies and other species. Hedges have not proven to be a serious safety concern if not located within the safety zones. Westwick recalled city staff commenting that they haven’t received complaints regarding hedge heights outside of the safety zones. Westwick feels that if citizen’s haven’t complained about the hedge height for years, then residents aren’t concerned if the hedges are 72 inches tall. Reducing the hedge height will impact curb appeal and decrease property values. This is unfair and is an injustice to him and others with hedges on their properties. Westwick found that the American Planners Association stated that if communities are considering prohibiting or restricting fences, they need to also look at the benefits and positive values of hedges and fences. Additionally, he has found that there are other cities that allow for different regulations for fences and hedges. And if the fences and hedges can be separate in other cities, then they should be able to be separated here also. He would like the commission to keep the property owners in mind when making a decision on this ordinance. Westwick would like to ask that the commission consider an alternative definition to hedge in the ordinance. Similar details to another city could help define this. Jolynn Tomhave stated that they have cut down 45 feet of hedge and they wouldn’t want to cut down anymore. She feels that a 72 inch hedge height should be allowed. She left the previous Planning Commission meeting thinking that there was new thought and new movement toward a 72 inch hedge other than in the safety zones. Pierce feels that Fences, Walls and Hedges being in the same ordinance is a concern. She isn’t in favor of fences and walls being taller. But a taller hedge does have benefits and they are aesthetically pleasing. Fargen wondered if they could remain in one ordinance, but break out the items. Drew feels that a clear definition of “hedge” and “fence” needs to be made. Heuton doesn’t have an issue with a 72 inch hedge or bush in the front yard. But walls or fences are a concern to him at 72 inches in height. Aiken also agrees that a 72 inch high hedge, as long as it doesn’t affect the safety of anyone, isn’t a concern. But a clear definition of what a hedge is would be beneficial. Pierce feels that fences and walls could be left at the 30 inch height maximum. Bungard stated that she has heard concerns from citizen’s that 30 or 36 inches for fences and walls isn’t high enough and that 48 inches should be allowed. Gregg and Heuton feel that 48 inches is a good height. Planning Commission Brookings, South Dakota November 7, 2017 OFFICIAL MINUTES Chairperson Al Heuton called the regular meeting of the City Planning Commission to order on Tuesday, November 7, 2017, at 5:30 PM in the Chambers Room #310 on the third floor of the City & County Government Center. Members present were Tanner Aiken, James Drew, Greg Fargen, Alan Gregg, Alan Johnson, Lee Ann Pierce, Kristi Tornquist, Eric Rasmussen and Heuton. Also present were Community Development Director Mike Struck, City Engineer Jackie Lanning, David Jones, Joshua Westwick, and others. Item #5c – The City of Brookings has submitted ordinance amendments to Section 94-398 pertaining to Fences, Walls, and Hedges. (Rasmussen/Drew) Motion to remove from the table. (Rasmussen/Drew) Motion to approve the ordinance amendments. Heuton voted no. All others voted yes. MOTION CARRIED. OFFICIAL SUMMARY Item #5c –Heuton received a letter in favor of the 6 foot hedge. Josh Westwick spoke in favor of the 48 inch hedge height. He recognizes that the 48 inch height can be sufficient. He would like the Commission to approve the 48 inches and not keep it at 30 inches. He also would like the Commission to better define the hedge definition. Rasmussen called the question and there was no further discussion. If you require assistance, alternative formats and/or accessible locations consistent with the Americans with Disabilities Act, please contact the City ADA Coordinator at 692-6281 at least 48 hours prior to the meeting. Published ______ time(s) at an approximate cost of $ _____________. NOTICE OF HEARING UPON A CHANGE IN ZONE REGULATIONS NOTICE IS HEREBY GIVEN That the City of Brookings has submitted ordinance amendments to Section 94-398, pertaining to Fences, Walls, and Hedges. NOTICE IS FURTHER GIVEN That said request will be acted on by the City Planning Commission at 5:30 PM on Tuesday, September 5, 2017, in the Chambers Room on the third floor of the Brookings City and County Government Center at 520 Third Street, Brookings, South Dakota. Any action taken by the City Planning Commission is a recommendation to the City Council. Any person interested may appear and be heard in this matter. Dated this 25th day of August, 2017. ____________________________ Staci Bungard City Planner Municipality Regulations for Fences, Walls, Hedges Sioux Falls 4’ fence in front yard;no more than 30% solid design if within 30’ from intersection along property lines Aberdeen 3’ for hedges within 50’ of intersection at curbline & 3’ for solid fence within 35’ of intersection and 15’ for driveway at property lines Rapid City 4’ for fences in front yard; fences and hedges not more than 2.5’in sight triangle Brandon 4’ fence in front yard Huron 4’ fence in front yard; no fence or plant material taller than 1’ in sight triangle (12’ for streets/alleys & 8’ for driveways); Hedges in boulevard /parking areas not more than 30” measured from street gutter level Pierre 48” fence in front yard; fences, walls and hedges at 30” in sight triangle (25’ for streets and 15’ for intersection of street and alley measured at property line) Yankton 3’ for fences, walls, structure, planting of foliage with sight triangle (30’ from curbline of intersecting streets) Mankato, MN 4’ fence in front yard; fences, walls, shrubbery, or any visual obstruction shall not be over 30” in sight triangle as measured 25’ from right-of-way line Madison, WI 4’ for fences in front yard; nothing between 30”and 10’ in sight triangle (25’ for streets and 10’ for alleys and driveways measured at property line); Fences 66% open are exempt City of Brookings Staff Report Brookings City & County Government Center, 520 Third Street Brookings, SD 57006 (605) 692-6281 phone (605) 692-6907 fax File #:ORD 17-027,Version:1 Introduction and First Reading on Ordinance 17-027, an Ordinance amending Section 42-102 of the Code of Ordinances of the City of Brookings, SD and pertaining to Transfers to the Brookings Health System Investment Authority. Second Reading: December 12, 2017. Summary: Brookings Health System (BHS) is requesting a change in the City Investment Policy whereby a newly-created board comprising of existing BHS board members and the CEO, be authorized to exclusively invest BHS Funds. Currently, all city funds are aggregated to include City, BMU, and BHS and invested by the City Finance Director; usually on a competitive placement process. Even with this process, BHS and BMU have always had access to their funds to meet their cash flow or expenditure needs. Background: State Law places restrictions on the Investment Authority of Public Funds whereby such investment options are generally more conservative. As a municipal hospital, BHS is currently subject to such restrictions. This enabling authorization would allow BHS, with City approval, to establish an Investment Board, specifically a non-profit corporation, to make investments outside these state restrictions. BHS believes such restrictions impedes their ability to leverage investment opportunities often associated with non-public hospitals. Attachments: Ordinance City of Brookings Printed on 11/21/2017Page 1 of 1 powered by Legistar™ Ordinance 17-027 An Ordinance Amending Section 42-102 of the Code of Ordinances of the City of Brookings, South Dakota and pertaining to transfers to the Brookings Health System Investment Authority Be It Ordained and Enacted by the Council of the City of Brookings, State of South Dakota, as follows: I. Section 1. That Section 42-102 of the Code of Ordinances of the City of Brookings be amended in its entirety to read as follows: Section 42-102. Payment of warrants and transfers. All expenditures of the Brookings Health System shall be approved by the board of trustees, and warrants for payment of such expenditures shall be drawn on the Brookings Health System funds. All transfers of funds or revenues not needed for current operations derived from the operation of the Brookings Health System to the Brookings Health System Investment Authority shall be approved by the board of trustees, and such transfers shall be drawn on the Brookings Health System funds. II. Any or all ordinances in conflict herewith are hereby repealed. First Reading:November 28, 2017 Second Reading:December 12, 2017 Published: CITY OF BROOKINGS, SD Keith W. Corbett, Mayor ATTEST: Shari Thornes, City Clerk City of Brookings Staff Report Brookings City & County Government Center, 520 Third Street Brookings, SD 57006 (605) 692-6281 phone (605) 692-6907 fax File #:ORD 17-028,Version:1 Introduction and First Reading on Ordinance 17-028, an Ordinance amending Chapter 2, Article V, Division 4 pertaining to appointments to the Swiftel Center Advisory Board. Second Reading: December 12, 2017. Summary: Brookings County has approached the City of Brookings and inquired about a change in the appointment process for membership of the Swiftel Center Advisory Board. The current appointment process provides for two appointees by the County Board because of the County-owned County Resource Center (CRC) being attached to the Swiftel Center and an Intergovernmental Operating Agreement. Now that the City has acquired ownership of the CRC, the County Board does not believe this appointment process is still necessary. As such, attached is an Ordinance modifying the appointment process to delete the appointments made by the County and have them made by the City. One such appointment expires the end of 2017 and the second expires the end of 2018. It is recommended to have the City appoint the expiring 2017 member and let the expiring 2018 member continue to serve out the current term since that appointment pre-dates this amendment. Fiscal Impact: None Attachments: Ordinance - clean copy Ordinance - marked copy City of Brookings Printed on 11/21/2017Page 1 of 1 powered by Legistar™ Ordinance 17-028 An Ordinance Amending Division 4 of Chapter 2 of the Ordinances of the City of Brookings and Pertaining to the Swiftel Center Advisory Committee Be It Ordained and Enacted by the Council of the City of Brookings, State of South Dakota, as follows: I. That Sections 2-180 through 2-187 of the Ordinances of the City of Brookings be amended to read as follows: Sec. 2-180. - Established. The city has established a Swiftel Center Advisory Committee to act in an advisory capacity to the city council concerning the Swiftel Center. Sec. 2-181. - Composition, appointment and initial terms. The Swiftel Center Advisory Committee shall be composed of seven members selected as follows: six persons shall be appointed by the mayor with advice and consent of the city council, one of whom shall be affiliated with South Dakota State University; and one person shall be appointed by the mayor with the advice and consent of the city council based upon the recommendation of the Brookings Area Chamber of Commerce Board of Directors. In addition, a member of the city council of the City of Brookings may be appointed as a non-voting liaison to the Swiftel Center Advisory Committee. Sec. 2-182. - Compensation; terms, vacancies. (a) All members shall serve for terms of three years without compensation. (b) If a member resigns or is disqualified prior to the end of their term, the mayor, with the advice and consent of the city council or Brookings Area Chamber of Commerce, as the case may be, shall appoint a new member to complete the resigning or disqualified member's term. (c) If a member is absent more than 50 percent of the meetings annually without authorization of the committee, they shall automatically be disqualified from serving on the committee and a replacement shall be appointed. Sec. 2-183. - Quorum, action. A majority of the members of the Swiftel Center Advisory Committee shall constitute a quorum, and all official action of the Swiftel Center Advisory Committee shall be approved by a majority of members of the Swiftel Center Advisory Committee. Sec. 2-184. - Meetings. The Swiftel Center Advisory Committee shall set and hold meetings at a time and place as designated by the Swiftel Center Advisory Committee. All meetings shall be open to the public and shall comply with City open meetings policies. Notice of all meetings shall comply with all State and City open meeting requirements and said notice shall not be less than 72 hours before a meeting. The chair may call for a special meeting or may cancel a meeting due to lack of business or quorum. Sec. 2-185. - Officers. The Swiftel Center Advisory Committee shall annually elect from its members a chairperson and vice-chairperson, each of whom shall hold their office respectively for one year and until their successors have been elected. Sec. 2-186. - Duties of the chairperson. The chairperson shall preside over all meetings and, as appropriate, make committee or special assignment appointments. The chairperson shall be kept advised of the general affairs of the Swiftel Center and monitor the implementation of resolutions and policies with appropriate procedures. The chairperson shall have the other usual powers and duties customarily vested in the office of chairperson and shall perform such duties as may be assigned by the committee. Sec. 2-187. - General authority. The committee shall act only in an advisory capacity to the city council, however it shall, in particular, advise the city concerning marketing, operational issues and management of the Swiftel Center, and in particular, shall advise and assist the city in the performance of contracts between the City of Brookings and the firm managing the Swiftel Center. Secs. 2-188-2-195. - Reserved. II. Any or all ordinances in conflict herewith are hereby repealed. First Reading:November 28, 2017 Second Reading and Adoption:December 12, 2017 Published: CITY OF BROOKINGS, SD Keith W. Corbett, Mayor ATTEST: Shari Thornes, City Clerk Ordinance 17-028 An Ordinance Amending Division 4 of Chapter 2 of the Ordinances of the City of Brookings and Pertaining to the Swiftel Center Advisory Committee Be It Ordained and Enacted by the Council of the City of Brookings, State of South Dakota, as follows: I. That Sections 2-180 through 2-187 of the Ordinances of the City of Brookings be amended to read as follows: Sec. 2-180. - Established. The city has established a Swiftel Center Advisory Committee to act in an advisory capacity to the city council concerning the Swiftel Center. Sec. 2-181. - Composition, appointment and initial terms. The Swiftel Center Advisory Committee shall be composed of seven members selected as follows: six four persons shall be appointed by the mayor with advice and consent of the city council, one of whom shall be affiliated with South Dakota State University; two persons shall be appointed by the Brookings County Commission; and one person shall be appointed by the mayor with the advice and consent of the city council based upon the recommendation of the Brookings Area Chamber of Commerce Board of Directors. In addition, a member of the city council of the City of Brookings and the Brookings County Commission may each appoint a representative may be appointed as a non- voting liaison to the Swiftel Center Advisory Committee. Sec. 2-182. - Compensation; terms, vacancies. (a) All members shall serve for terms of three years without compensation. (b) If a member resigns or is disqualified prior to the end of their term, the mayor, with the advice and consent of the city council or the county commission or Brookings Area Chamber of Commerce, as the case may be, shall appoint a new member to complete the resigning or disqualified member's term. (c) If a member is absent more than 50 percent of the meetings annually without authorization of the committee, they shall automatically be disqualified from serving on the committee and a replacement shall be appointed. Sec. 2-183. - Quorum, action. A majority of the members of the Swiftel Center Advisory Committee shall constitute a quorum, and all official action of the Swiftel Center Advisory Committee shall be approved by a majority of members of the Swiftel Center Advisory Committee. Sec. 2-184. - Meetings. The Swiftel Center Advisory Committee shall set and hold meetings at a time and place as designated by the Swiftel Center Advisory Committee. Special meetings may be called at any time by the chairperson or by a majority of the Swiftel Center Advisory Committee by giving 24 hours advance notice to the public and other members of the Committee. Notice of a special meeting shall be given a minimum of 24 hours prior to meeting time, if possible, and shall state the reason for requesting the special meeting. Only business stated as the reason for calling a special meeting may be transacted. All meetings shall be open to the public and shall comply with City open meetings policies. Notice of all meetings shall comply with all State and City open meeting requirements and said notice shall not be less than 72 hours before a meeting. The chair may call for a special meeting or may cancel a meeting due to lack of business or quorum. Sec. 2-185. - Officers. The Swiftel Center Advisory Committee shall annually elect from its members a chairperson and vice-chairperson, each of whom shall hold their office respectively for one year and until their successors have been elected. Sec. 2-186. - Duties of the chairperson. The chairperson shall preside over all meetings and, as appropriate, make committee or special assignment appointments. The chairperson shall be kept advised of the general affairs of the Swiftel Center and monitor the implementation of resolutions and policies with appropriate procedures. The chairperson shall have the other usual powers and duties customarily vested in the office of chairperson and shall perform such duties as may be assigned by the committee. Sec. 2-187. - General authority. The committee shall act only in an advisory capacity to the city council, however it shall, in particular, advise the city concerning marketing, operational issues and management of the Swiftel Center, and in particular, shall advise and assist the city in the performance of contracts between the City of Brookings and County of Brookings, and between the City of Brookings and the firm managing the Swiftel Center and which concern the Swiftel Center. Secs. 2-188-2-195. - Reserved. II. Any or all ordinances in conflict herewith are hereby repealed. First Reading:November 28, 2017 Second Reading and Adoption:December 12, 2017 Published: CITY OF BROOKINGS, SD Keith w. Corbett, Mayor ATTEST: Shari Thornes, City Clerk City of Brookings Staff Report Brookings City & County Government Center, 520 Third Street Brookings, SD 57006 (605) 692-6281 phone (605) 692-6907 fax File #:ORD 17-029,Version:1 Introduction and First Reading on Ordinance 17-029, an Ordinance amending Chapter 22 of the Code of Ordinances of the City of Brookings and providing Procedures for the Licensing of Residential Contractors in the City of Brookings, SD. Second Reading: December 12, 2017. Summary: The City Engineering Department is initiating a Residential Contractor’s License requirement for contractors who perform residential construction in the Brookings City Limits and the Joint- Jurisdictional area. The attached Ordinance 17-029 amends Chapter 22 and describes the specific requirements of the program, which would go into effect in January 2018 if adopted. Background: Representatives of the Brookings Regional Builders Association approached City Engineering staff to discuss their support of a possible residential contractor license program. City staff researched the larger municipalities in South Dakota and found many of them had a contractors licensing program in place (see attached chart). City staff is in support of the residential contractor’s license, which will have a positive impact on the City’s ISO rating (Insurance Service Office) for insurance rates, it will ensure that all contractors working in the City and Joint Jurisdictional Area will have liability insurance and workers compensation insurance, and will create a line of communication between the City and local contractors. Staff and the City Attorney drafted a draft ordinance for contractor’s to review. The residential contractors who have had permits with the City of Brookings were invited to a contractor’s round table meeting which was held on Thursday, November 16, 2017, and a draft ordinance was included with the mailing. There was a good discussion about the program with City staff and 14 local residential contracting firms in attendance. Staff incorporated modifications and clarifications into the ordinance based on the comments from the contractors. The Residential Contractor’s License is summarized as follows: A Residential Contractor’s License is required for any residential builder contracting work performed in the City’s jurisdiction that also requires a building permit. This work includes, but is not limited to, concrete work, masonry, carpentry, all building trade contracting including roofing, remodeling, siding, rough framing; all phases of new construction, alteration, additions; and repair or demolition of structures. Contractors who perform work that does not require a building permit would not need a residential contractor’s license, such as sheet rock, painting, flooring, etc. The following are exempt from the licensing requirements: a.Employees of a person licensed in accordance with this chapter when they are under City of Brookings Printed on 11/21/2017Page 1 of 2 powered by Legistar™ File #:ORD 17-029,Version:1 the direction and control of a person or company who holds a residential Contractor’s license issued by the City. b.Persons engaged in the following construction trades: mechanical, plumbing, and electrical, when that person is performing work consistent with that building trade and applicable City or State license. c.A dwelling owner for work to be done on their property which he or she occupies as his or her own home, or will occupy as his or her own home, and when the property owner is acting as his or her own contractor. A dwelling owner may not build more than one (1) single family dwelling in a three (3) year period without obtaining a contractor’s license, unless they occupy the dwelling, a minimum of one (1) year after the final inspection is approved. d.A landlord for work to be done on his or her property when the landlord is acting as his or her own contractor. e.A residential developer for work to be done on their property when the residential developer has hired licensed contractors to complete all permitted work. Contractors will be required to supply Liability Insurance for a minimum amount of five hundred thousand dollars ($500,000) for each occurrence, worker’s compensation insurance on their employees if applicable, and proof of their South Dakota excise tax number. Staff is also proposing to provide a reference manual, titled: “DeWalt Residential Construction Codes” to all residential contractors applying for the license. The manual is a helpful guide for residential construction code requirements and provides an educational component for the program, and will be provided in the year that code changes are adopted. Staff will also perform educational meetings for the contractors, but the ordinance does not make the educational meetings mandatory. The attached Ordinance describes the specifics about the licensing program. Fiscal Impact: The Engineering Department will receive revenue from the license fees, which will offset education, reference materials, mailings, and staff time. Recommendation: Staff recommends approval. Attachments: Ordinance Chart City of Brookings Printed on 11/21/2017Page 2 of 2 powered by Legistar™ Ordinance 17-029 AN ORDINANCE AMENDING CHAPTER 22 OF THE CODE OF ORDINANCES OF THE CITY OF BROOKINGS AND PROVIDING PROCEDURES FOR THE LICENSING OF RESIDENTIAL CONTRACTORS IN THE CITY OF BROOKINGS. BE IT ORDAINED by the City of Brookings that Chapter 22 of the Code of Ordinances of the City of Brookings be amended to include the following article: I. Article VIII. Residential Contractor’s License Section 22-520. – Definitions. The following words, terms and phrases, when used in this Article VIII, shall be defined, except where the context clearly indicates a different meaning, as follows: City: The City of Brookings, South Dakota. Employee:a person whose compensation for construction work is reported by the employer on an Internal Revenue Service W-2 Form, and who is also otherwise considered an employee under South Dakota law. Residential Building Contracting:the enlargement, alteration, repair, improvement, conversion or new construction of any 1 or 2 family dwelling, or any accessory structure associated with a 1 or 2 family dwelling. Residential Building Contractor:a sole proprietorship, partnership, firm, limited liability company or corporation which, for compensation, undertakes or offers to undertake residential building contracting. Section 22-521: License Required 1. It is unlawful for any person or persons representing or operating as a sole proprietorship, partnership, firm, limited liability company or corporation, to conduct, carry on or engage in the business of residential contracting work or acting in the capacity of a residential contractor without having first been issued a valid residential contractor’s license by the city. For the purposes of this section, any residential building contracting work performed within the licensing jurisdiction of the City that requires a building permit would also require a residential contractor’s license. This work includes, but is not limited to concrete work, masonry, carpentry, all building trade contracting including roofing, remodeling, siding, rough framing; all phases of new construction, alteration, additions; repair or demolition of structures; and excluding those activities exempted by the following section. 2. The following are exempt from the licensing requirements: a. Employees of a person licensed in accordance with this chapter when they are under the direction and control of a person or company who holds a residential contractor’s license issued by the City. b. Persons engaged in the following construction trades: mechanical, plumbing and electrical, when that person is performing work consistent with that building trade and applicable City or State license. c. A dwelling owner for work to be done on their property which they occupy as their own home or will occupy as his or her own home and when the property owner is acting as their own contractor. A dwelling owner may not build more than one (1) single family dwelling in a three (3) year period without obtaining a residential contractor’s license, unless they occupy the dwelling a minimum period of one (1) year after the final inspection is approved. d. A landlord for work to be done on the landlord’s property when the landlord is acting as their own contractor. e. A residential developer for work to be done on their property when the residential developer has hired licensed contractors to complete all permitted work. Section 22-522: License Application Procedure A residential contractor license shall be issued to every proprietorship, partnership, firm, limited liability company or corporation who makes application for the license, pays the required application fee and meets the requirements as stated in this chapter. The office of the City Clerk is authorized to issue a residential contractor’s license provided the provisions of this chapter are satisfied. The City Clerk may refer any licensing issues to the City Manager for review prior to approval or rejection. (a)Person or persons responsible for license. Each residential contractor license issued to a sole proprietorship, partnership, firm, limited liability company or corporation shall be the responsibility of the owner or manager of the sole proprietorship, partnership, firm, limited liability company or corporation. (b)License use restricted. No licensed residential building contractor shall knowingly allow their name to be used by any other person directly or indirectly, either to obtain a residential contractor license or to perform residential building contracting which is not conducted by the licensed residential contractor or under the supervision of the licensed residential contractor. (c)License term renewal. All licenses issued under the provisions of this chapter shall expire on December 31 of every year. (d)Liability Insurance. Liability insurance shall be required of every residential contractor. Every applicant for a residential contractor’s license shall present to the Building Services Administrator for their review a valid certificate of insurance at the time of application. It shall be the duty of every residential contractor to continually maintain valid liability insurance. The minimum required general liability insurance shall be Five Hundred Thousand Dollars ($500,000) for each occurrence. (e)Worker’s compensation insurance. In accordance with South Dakota State law, proof of worker’s compensation insurance shall be verified prior to issuance of a residential contractor’s license. (f)Proof of excise tax number. Applicants for a residential contractor’s license shall be required to supply their excise tax number. Section 22-523: Fees The initial fee, as well as the annual renewal fee for a residential contractor’s license shall be established by resolution of the City Council. All licenses shall be effective when issued and shall terminate December 31st in the year for which issued. The license fee charged shall be paid on the basis of a full year. However, if the license is not renewed prior to the expiration date and the contractor has a job in progress, the license fee will be double the fee established by resolution of the City Council. Section 22-524: Enforcement 1. Any person who commences any residential building work for which a permit is required by this code without first having obtained a license shall, if subsequently permitted to obtain a permit, pay an additional license fee as established by the City Council. This provision shall not, however, apply to emergency work when it is proven to the satisfaction of the City Clerk that the work was urgently necessary and that it was not practical to obtain a license before the commencement of the work. 2. The City of Brookings may suspend, revoke, refuse to issue or renew a license in the following events: a) In its discretion, it is in the public interest; and b) Based upon substantial evidence, the applicant or licensee: c) Has filed an application for a license that is incomplete in any material respect or contains false or misleading statements; or d) Has engaged in any fraudulent, deceptive or dishonest act or practice; or e) Has violated any applicable provisions of the building codes, city ordinances, rule or regulation or State law. f) Fails to file with the City the required certificates of insurance or hold a valid certificate of insurance. Section 22-525: Notice of Violation 1. The building official may suspend or revoke any license if obtained through nondisclosure, misstatement or misrepresentation of a material fact or if a licensee violates any of the provisions of this article. 2. Before a license may be suspended or revoked, the licensee shall receive notice in writing enumerating the charges against it and shall be entitled to a hearing by the Board of Appeals. 3. Should any licensee or applicant for a license under this chapter be aggrieved by the action of the building official, they may, within ten (10) days of the decision, appeal such decision by filing a written request for such appeal with the City Manager for review by the Board of Appeals. Upon review, the Board of Appeals may affirm, modify or reverse the action of the building official and may order for good cause the issuance of a license. The decision of the Board of Appeals shall be based upon the evidence produced at the hearing. A person whose license has been revoked shall not be permitted to apply until one year after the date of revocation. 4. A licensed contractor who is the subject of an investigation shall cooperate fully with the City in its investigations. Cooperation includes, but is not limited to: (a)Responding fully and promptly to questions; (b)Providing copies of records relative to the matter under investigation; and (c)Appearing at conferences or hearings as scheduled. Section 22-526 – 22-535: Reserved II. Any or all ordinances in conflict herewith are hereby repealed. FIRST READING: SECOND READING: PUBLISHED: CITY OF BROOKINGS _______________________________ Keith Corbett, Mayor ATTEST: __________________________________ Shari Thornes, City Clerk Website Res Comm Plumbing Electrical HVAC Building Plumbing Electrical HVAC Sioux Falls 171,544 x x x x x x x x x *Testing Rapid City 73,569 x x x x x x x x x *Testing Aberdeen 28,102 x x x x x x x *Testing Brookings 23,657 x x Watertown 22,073 x x x Mitchell 15,669 x x x Yankton 14,557 x x x x Pierre 14,002 x x x x x x x Huron 13,313 x Spearfish 11,283 x x x x x x x Vermillion 10,844 x x Brandon 9,701 x x x x Key: requires residential licensing Fees: Sioux Falls varies according to license type Rapid City varies according to license type Aberdeen $150 initial fee with $100 renewal fee every 3 years. All other license are renewed every year (sewer, sidewalk, sign) Watertown $60/year Pierre $125/year Spearfish $75/year Brandon $100/year testing Fee $75 Building Contractor Mechanical, Electrical, Plumbing SD Municipalities that Require City Licensing Required Permits City of Brookings Staff Report Brookings City & County Government Center, 520 Third Street Brookings, SD 57006 (605) 692-6281 phone (605) 692-6907 fax File #:ORD 17-030,Version:1 Introduction and First Reading on Ordinance 17-030, an Ordinance authorizing Supplemental Appropriation #3 to the 2017 Budget. Second Reading: December 12, 2017. Summary: This ordinance will amend the 2017 Budget. Background: General Fund amendments include recognizing unanticipated grants and donations, purchases made with grant and donation revenue, adjustments due to change in personal, adjustments to reflect savings on various projects, and adjustments to line items for Aquatic Center expenditures and Ice arena utilities. 75% Sales and Use Tax amendments include recognizing receipt of STP grant funds, an increase of transfer in of TIF 6&7 Debt Service Fund revenue in repayment of City funds used for projects. In addition, the amendment includes the first payment of the PAC2 loan and authorization of spending funds transferred from the general fund in a previous amendment to be used to the Carnegie remodel. 3rd B Sales Tax amendment allows for funds to be spent to begin the remodel of the Community Resource Center purchased in 2017. Will be using existing cash for project. TIF #6 (Digester) and #7 (S. Main) Debt Service Fund amendments authorize transferring accumulated funds to 75% Sales and Use tax as repayment for funds used in the projects. In addition, it includes funds to be transferred from TIF #6 Digester Debt Service to Digester Capital project fund to complete payments of the project. Digester Capital Project fund amendment allows funds to pay the final costs of the project. Street Shop Capital project amendments allow closing of the fund and transferring remaining cash back to 75% Sales and Use Tax. Airport fund amendments recognize additional grant and reimbursed revenue in addition to adjusting expense for change in staff and Council approval to use $100,000 budgeted in 2018 for design to be completed in 2017 Fiscal Impact: · General Fund: Increase in revenue of $49,030 and decrease in expenditure of $53,909 · 75%Sales and use Tax: Increase in revenue of $1,326,505 and increase in expenditure of $144,546. ·3rd B Sales Tax - increase in expenditure of $20,000. ·TIF #6 Debt Service - Digester: Increase in expenditures $276,000 City of Brookings Printed on 11/21/2017Page 1 of 2 powered by Legistar™ File #:ORD 17-030,Version:1 ·TIF #7 Debt Service - S. Main - Increase in expenditures $40,000 ·Bel Digester Capital Project - Increase in revenue and expenditures of $76,000 ·Street Shop Capital Project - Increase in expenditures of $35,117 ·Airport: Increase in revenue $532,400, increase in expenses $109,610 Attachments: Ordinance City of Brookings Printed on 11/21/2017Page 2 of 2 powered by Legistar™ ORDINANCE NO. 17-030 An Ordinance Authorizing Supplemental Appropriation #3 To The 2017 Budget Be It Ordained by the City of Brookings, South Dakota: WHEREAS STATE LAW (SDCL 9-21-7) AND THE CITY CHARTER (4.06 (a) permit supplemental appropriations provided there are sufficient funds and revenues available to pay the appropriation when it becomes due, Now, Therefore, Be It Resolved by the City Council that the City Manager be authorized to make the following budget adjustments to the 2017 budget: Change Increase General Fund (Decrease) Reason 101-421-4-334-09 Grants 21,650.00 Money received from BHS for 11 AED's for patrol vehicles 101-421-4-446-10 Donations 6,565.00 Safety Town received donation for new trailer 101-455-4-334-10 Grants 20,815.00 Money received from Larson grant Total Change in General Fund Revenues 49,030.00 General Fund Expenditures 101-418-5-422-03 Consulting/Engineering (80,000.00) Actual cost for comp plan less than budgeted 101-419-5-101-00 Regular Pay 4,000.00 Adjusted due to change in personnel 101-419-5-101-01 Temporary Pay (9,500.00) Adjusted due to change in personnel 101-419-5-421-00 Insurance (3,450.00) Adjusted due to change in personnel 101-419-5-425-02 Maintenance Motor Vehicles 2,500.00 Add topper and flashing lights to replacement pickup 101-419-5-427-01 Travel and Lodging 2,000.00 Send new employees to additional training 101-419-5-427-02 Registration & Training 1,000.00 Send new employees to additional training 101-419-5-920-00 Furniture & Equipment 4,005.00 To reflect actual cost of map conversion proj with BMU 101-419-5-930-00 Machinery & Auto Equipment 700.00 Adjust to actual expense of replacement pickup 101-421-5-856-21 Safety Town 4,300.00 To reflect cost of new safety town trailer 101-421-5-950-01 Other Capital 22,667.00 Money received from BHS for 11 AED's for patrol vehicles 101-449-5-426-15 Chemicals 32,000.00 To reflect the actual cost of chemicals with new system 101-449-5-911-00 Buildings & Structure (32,000.00) To reflect savings from the pool painting project 101-452-5-425-04 Maintenance Equipment 4,600.00 Unexpected repair for Tractor 101-452-5-999-47 Capital Special Projects (44,546.00) Move funds budgeted for Carnegie project to fund 213 101-453-5-426-03 General Supplies 5,000.00 Adjust for additional glycol 101-453-5-428-02 Electric & Water 20,000.00 To reflect the actual cost of utilities 101-453-5-428-03 Heat (8,000.00) To reflect the actual cost of utilities 101-455-5-367-01 Grant expense 20,815.00 To reflect Larson grant expenditures Total change in GF Expenditures (53,909.00) 75% Sales & Use Tax 213-000-4-334-02 STP Grant 1,051,388.00 To reflect receipt of Surface Transportation Grant funds 213-000-6-700-03 Transfer in TIF Rev 240,000.00 Transfer accumulated TIF 6 & 7 tax revenue 213-000-6-700-17 Transfer In 35,117.00 Transfer in from Street Shop project to close out fund Total Change in 75% Sales Tax Revenue 1,326,505.00 213-000-5-856-81 SDSU PACII 100,000.00 To record 2017 payment on loan 213-000-5-999-47 Special Projects 44,546.00 Carnegie funds transferred from 101 Total change in 75% tax Expenditures 144,546.00 3rd B Sales Tax 284-000-5-999-47 Special Project (CRC Remodel) 20,000.00 To budget for remodel of County Resource Center purchased in 17 Total change in 3rd Penny Sales Tax Expenditures 20,000.00 TIF#6 Debt Service Digester 319-000-7-899-17 Transfer out Digester 76,000.00 Transfer accumulated funds to complete project 319-000-7-899-20 transfer Out 75% S&U 200,000.00 Transfer accumulated TIF revenue to repay funding from 213 Total change in TIF # 6 Expenditures 276,000.00 TIF#7 Debt Service S. Main 320-000-7-899-20 transfer Out 75% S&U 40,000.00 Transfer accumulated TIF revenue to repay funding from 213 Total change in TIF # 6 Expenditures 40,000.00 Bel Digester Capital Project TIF #6 522-000-6-700-00 Transfer in Debt Service 76,000.00 Transfer in funds to complete project Total Change in Revenue 76,000.00 522-000-5-422-03 Project Expense 76,000.00 Budget funds to complete project Total Change in Expenditure 76,000.00 Street Shop Capital Project Fund 530-000-7-899-05 Transfer out 35,117.00 Transfer out remaining funds back to 213 to close project fund Total Change in Expenditure 35,117.00 Airport Fund 606-000-4-334-09 Grants 146,260.00 Grant money received to close out projects 606-000-4-441-08 Reimbursed Expense 362,560.00 Reimbursement from FAA for Navaid project 606-000-4-848-12 Rentals 11,340.00 Reflect actual revenue 606-000-4-861-09 Miscellaneous 12,240.00 Reflect actual revenue Total Change in Revenue 532,400.00 606-000-5-123-00 Group Insurance 4,390.00 Change in airport staff 606-000-5-427-01 Travel & Lodging 1,500.00 Training for new staff 606-000-5-427-02 Registration & Training 1,000.00 Training for new staff 606-000-5-930-00 Machinery & Auto 2,720.00 Actual cost of cat purchase and paint striper 606-000-5-970-00 Runway Improvements 100,000.00 Council approved spending part of 2018 Bud on design in 2017 Total Change in Expenses 109,610.00 All Ordinances or parts of Ordinances in conflict herewith are hereby repealed. First Reading: November 28, 2017 Second Reading: December 12, 2017 Published: CITY OF BROOKINGS _________________________ Keith Corbett, Mayor ATTEST ____________________________ Shari Thornes, City Clerk City of Brookings Staff Report Brookings City & County Government Center, 520 Third Street Brookings, SD 57006 (605) 692-6281 phone (605) 692-6907 fax File #:ORD 17-024,Version:2 Public Hearing and Action on Ordinance 17-024, an Ordinance rezoning Lot 1A of Lot 1, Block 1, Except the North 41 feet thereof, Mayland’s First Addition, also known as 520 22nd Avenue, from a Business B-4 Highway District to a Business B-2 District. Summary: The applicant is requesting to rezone a parcel of land for any future development improvements or to fully reconstruct the building. Background: The property is located at the northeast corner of 22nd Avenue and Minnesota Drive. Dairy Queen currently occupies the 27,322 square foot parcel. The property is nonconforming in the B-4 District as the lot area does not meet the 40,000 square foot minimum and the building does not meet the setbacks. The lot and existing building location will meet the size and setback requirements in the B- 2 District. The area contains a mix of commercial uses. The B-4 District is intended for larger lot commercial development primarily along 6th Street near the Interstate and near the Highway 14 Bypass. The B-2 District is designed to provide a variety of commercial uses that are less intensive than some uses allowed in the B-4 District. Findings of Fact: 1. The Comprehensive Plan is used for guidance when reviewing a rezoning request. The Comprehensive Plan provides the following guidance: a.The area is shown for business/commercial uses. b.Generally supports rezoning to bring parcels into zoning conformance where appropriate. Planning Commission Recommendation: The Planning Commission voted 8-0 to recommend approval of the rezoning request. Attachments: Ordinance Notice 10-3-2017 Planning Commission Minutes Zoning Area Map Rezoning Map City of Brookings Printed on 11/17/2017Page 1 of 1 powered by Legistar™ Ordinance 17-024 An Ordinance to change the Zoning within the City of Brookings Be It Ordained by the City of Brookings, SD: Section 1. That the real estate situated in the City of Brookings, County of Brookings, State of South Dakota, described as follows, to-wit: Lot 1A of Lot 1, Block 1, Except the North 41 feet thereof, Mayland’s First Addition, also known as 520 22nd Avenue, be and the same is hereby reclassified from a Business B-4 Highway District to a Business B-2 District. In accordance with Section 94-7 of Article I of Ordinance 17-13 of the Code of Ordinances of Brookings, South Dakota, as said districts are more fully set forth and described in Articles III and IV, Chapter 94 of Ordinance No. 17-13 of the City of Brookings, South Dakota. Section 2. The permitted use of the property heretofore described be and the same is hereby altered and changed in accordance herewith pursuant to said Ordinance No. 17-13 of the City of Brookings, South Dakota. Section 3. All sections and ordinances in conflict herewith are hereby repealed. First Reading:October 24, 2017 Second Reading and Adoption:November 28, 2017 Published:December 1, 2017 CITY OF BROOKINGS ________________________ Keith W. Corbett, Mayor ATTEST: _________________________ Shari Thornes, City Clerk If you require assistance, alternative formats and/or accessible locations consistent with the Americans with Disabilities Act, please contact the City ADA Coordinator at 692-6281 at least 48 hours prior to the meeting. Published ______ time(s) at an approximate cost of $ _____________. NOTICE OF HEARING UPON PETITION TO REZONE NOTICE IS HEREBY GIVEN That Frauenshuh Hospitality Group of Minnesota, LLC submitted a petition to rezone the following described real estate in the City of Brookings and Brookings County, South Dakota: Lot 1A of Lot 1, Block 1, Except the North 41 feet thereof, Mayland’s First Addition, also known as 520 22nd Avenue, from a Business B-4 Highway District to a Business B-2 District. NOTICE IS FURTHER GIVEN That said request will be acted on by the City Planning Commission at 5:30 PM on October 3, 2017, in the Chambers Room on the third floor of the Brookings City & County Government Center at 520 Third Street, Brookings, South Dakota. Any action taken by the City Planning Commission is a recommendation to the City Council. Any person interested may appear and be heard in this matter. Dated this 22nd day of September, 2017. ____________________________ Staci Bungard City Planner Planning Commission Brookings, South Dakota October 3, 2017 OFFICIAL MINUTES Chairperson Al Heuton called the regular meeting of the City Planning Commission to order on Tuesday, October 3, 2017, at 5:30 PM in the Chambers Room #310 on the third floor of the City & County Government Center. Members present were Tanner Aiken, James Drew, Greg Fargen, Alan Gregg, Lee Ann Pierce, Kristi Tornquist, Eric Rasmussen and Heuton. Absent was Alan Johnson. Also present were City Planner Staci Bungard, City Engineer Jackie Lanning, Ryan McKnight, Jeremy Scott, Blake Hoffman, Nacasius Ujah, Matt Anderson, Jordan McCaskill, Joseph Mohr, Tanner Nelson, Jacob Rohlik, and others. Item #5b -Frauenshuh Hospitality Group of Minnesota LLC has submitted a petition to rezone Lot 1A of Lot 1, Block 1, Except the North 41 feet thereof, Mayland’s First Addition, also known as 520 22nd Avenue, from a Business B-4 Highway District to a Business B-2 District. (Aiken/Fargen) Motion to approve the rezone request. All present voted aye. MOTION CARRIED. OFFICIAL SUMMARY Item #5b –This rezone request is for future development improvements. Dairy Queen currently occupies this parcel. The property is nonconforming in the B-4 District and the building does not meet the required setbacks in the B-4 District but does in the B-2 District. The B-4 District is intended for larger lot uses specifially along the 6th Street near the interstate. Where the B-2 District was designed to provide a variety of commercial uses which were less intensive uses than in the B-4 District. Ryan Schiller, Director of Operations for Fishback Financial Corporation wonders the reasoning for this request. Bungard explained that at this point, they are not able to complete improvements to their property. However if the rezone request is approved, they would be able to improve this. Fargen asked for the differences between the B-2 and B-2A Districts. Bungard explained that B-2A is directed more towards office uses and restaurants could also be there. However, the signage requirements would restrict them from being in a B-2A District. 20TH AVE22ND AVEM I N N D R H W Y 1 4 E FUS H W Y 1 4 H W Y 1 4 W F U S H W Y 1 4 EUS H W Y 1 4 W 21ST AVESTATE S T I O WA S T S U N R I S E R I D G E R D 3 R D S T K A N S A S D R A B-4 R-1B B-2A R-1B B-4 B-2A I-1R R-1B B-4 R-3 B-4 R-3 B-2A B-4 B-4B-4 B-4B-4 B-4B-4 B-4 B-4 B-4 R-3 B-4 B-2A B-4 R-1B B-2A B-4 B-4 R-3 R-1B R-1B R-3 R-1B R-1B B-4 R-1B R-1B R-1B R-1B R-1B R-3 B-4 R-1B R-1B R-1BR-1B R-1B R-1B R-1B R-1B R-1B R-1B R-1B B-2A R-1B R-1B R-1B R-1B R-1B R-1B R-1B R-1B R-1B R-1B R-1BR-1B R-1B R-1B R-1B R-1B R-1B R-1B R-1B R-1B R-1B R-1B R-1B R-1B R-1B R-1B R-1B R-1B R-1B R-1B R-1B R-1B R-1B R-1B R-1B R-1B R-1B R-1B R-1B R-1B R-1B R-1B R-1B R-1B R-1B B-4 R-1B Dairy Que en - Zoning Area Map . M I N N D R22ND AVEDairy Queen - Rezoning Map . City of Brookings Staff Report Brookings City & County Government Center, 520 Third Street Brookings, SD 57006 (605) 692-6281 phone (605) 692-6907 fax File #:ID 2017-0716,Version:1 Public Hearing with respect to South Dakota State University Projects and the Issuance of Bonds under South Dakota Codified Laws Chapter 9-54, as Amended. Summary: This is a public hearing on the proposal to issue Revenue Bonds in a principal amount not to exceed $9,700,000 (the “Bonds”), pursuant to South Dakota Codified Laws, Chapter 9-54, as amended (the “Act”), in order to finance projects on behalf of South Dakota State University Foundation, a South Dakota nonprofit corporation (the “Corporation”), which supports the educational mission of South Dakota State University (the “University”) in Brookings, South Dakota. Attachments: Legal Notice City of Brookings Printed on 11/21/2017Page 1 of 1 powered by Legistar™ @BCL@400EA39E.DOCX CITY OF BROOKINGS,SOUTH DAKOTA NOTICE OF PUBLIC HEARING WITH RESPECT TO SOUTH DAKOTA STATE UNIVERSITY PROJECTS AND THE ISSUANCE OF BONDS UNDER SOUTH DAKOTA CODIFIED LAWS CHAPTER 9-54,AS AMENDED NOTICE IS HEREBY GIVEN that the City Council of the City of Brookings, South Dakota (the “City”) will meet on November 28, 2017, at 6 p.m. at the Brookings City & County Government Center, Room 310 (Chambers), Brookings, South Dakota, for the purpose of conducting a public hearing on the proposal to issue revenue bonds in a principal amount not to exceed $9,700,000 (the “Bonds”), pursuant to South Dakota Codified Laws, Chapter 9-54, as amended (the “Act”), in order to finance projects on behalf of South Dakota State University Foundation, a South Dakota nonprofit corporation (the “Corporation”), which supports the educational mission of South Dakota State University (the “University”) in Brookings, South Dakota. Proceeds derived from the sale of the Bonds will be lent to the Corporation and will be used together with other available funds of the Corporation (i) to finance costs associated with the projects described below (the “2017 Project”), and (ii) to pay certain costs of issuing the Bonds. The 2017 Project includes two structures located on the campus of South Dakota State University (which is the owner of the land), the street address of which is Administration Ln, Brookings, South Dakota, and on certain adjacent land, all of which is generally described as bounded on the North by SD Bypass 14, on the East by 22nd Avenue, on the South by 8th Street, and on the West by Medary Avenue, all within the City of Brookings, South Dakota. The 2017 Project is currently expected to consist generally of the following: (i)A major expansion and remodeling of the South Dakota State University Performing Arts Center, including construction, equipping and furnishing of such facility; and (ii)The construction, equipping and furnishing of a practice gym facility adjacent to the Stanley Marshall HPER academic and athletic facility. All of the 2017 Project facilities will be owned, managed, and operated by South Dakota State University. Following the public hearing, the City Council of the City will consider the adoption of a resolution approving the issuance of the Bonds in an aggregate principal amount not expected to exceed $9,700,000. The Bonds will be limited obligations of the City, payable solely from revenues and other properties of the Corporation pledged to the payment thereof. The Bonds will not be general or moral obligations of the City, and will not be secured by, or payable from, any assets, revenues, or other property of the City, and will not be secured by or payable from any revenues derived from any application of the taxing powers of the City. This Notice is required by the Internal Revenue Code of 1986, as amended. At the time and place set for the public hearing, residents, taxpayers, and other interested persons will be given the opportunity to express their views, both orally and in writing, on the proposed 2017 Project, the Bonds and on the location and nature of the 2017 Project. Written comments may also be - 2 - 131843394.4 submitted to the Finance Director, City Hall, 520 3rd Street, Suite 230, P.O. Box 270, Brookings, South Dakota, 57006, or at scostello@cityofbrookings.org. Additional information may be obtained from the City at the preceding address. Date: October 24, 2017 By ________________________ Shari Thornes, City Clerk City of Brookings Staff Report Brookings City & County Government Center, 520 Third Street Brookings, SD 57006 (605) 692-6281 phone (605) 692-6907 fax File #:RES 17-104,Version:1 Action on Resolution 17-104, a Resolution of the City of Brookings, South Dakota, authorizing the Issuance of its Economic Development Revenue Bonds (South Dakota State University Foundation Project), Series 2017, in an Original Aggregate Principal Amount not to exceed $9,700,000, for the purpose of providing funds to be loaned to South Dakota State University Foundation, a South Dakota Nonprofit Corporation, for the purpose of Financing Improvements to the Campus of South Dakota State University; approving the form of and authorizing the execution and delivery of a Loan and Security Agreement and a Tax Regulatory Agreement; approving the form of and authorizing the execution and delivery of the Bonds and certain related documents; making certain Findings and Determinations with respect to the Bonds; and providing for the Rights and Remedies of the Holders of the Bonds. Summary: The City Council previously gave preliminary approval to serve as a conduit financing entity for the SDSU Foundation to assist with their loan in an amount not to exceed $10 million for purposes of financing certain building projects for SDSU. This specific issuance is for the Phase II Expansion of the Performing Arts Center and the future renovation of Frost Arena/HPER Center in an aggregate amount not to exceed $9.7 million. Conduit Financing is a common mechanism whereby non-profit entities can access unencumbered bonding capacity of a public entity to achieve favorable financing terms for capital debt. In essence, the City of Brookings would be a ‘pass-through’, or ‘conduit’ disburser of funds from the private lenders to the SDSU Foundation. Since the City had no major debt issuances in 2017, we have the excess capacity that we can allow a qualifying entity to otherwise use through this conduit process. The important consideration here is that the City of Brookings has no legal, moral, or general obligation for the payments or this debt. What’s more, this debt issuance does not have any impact on the City’s Bond Rating or our credit worthiness. Finally, it does not impact our ability to issue any debt in 2018. If the City incurs any expenses associated with this debt issuance, they are reimbursable by the Foundation. Brookings County has previously done this for the SDSU Foundation but lacked the bonding capacity for 2017. The City has done this similarly for the Boys and Girls Club and a housing project associated with Low Income Housing Tax Credits in the past. Attachments: Resolution Loan Agreement SDSU - Bond SDSU - Foundation Promissory Note Legal Notice City of Brookings Printed on 11/21/2017Page 1 of 1 powered by Legistar™ 1 137362772.5 Date Adopted: Date Published: Effective Date: Resolution 17-104 A Resolution of the City of Brookings, South Dakota, authorizing the Issuance of its Economic Development Revenue Bonds (South Dakota State University Foundation Project), Series 2017, in an Original Aggregate Principal Amount not to exceed $9,700,000, for the purpose of providing funds to be loaned to South Dakota State University Foundation, a South Dakota Nonprofit Corporation, for the purpose of Financing Improvements to the Campus of South Dakota State University; approving the form of and authorizing the execution and delivery of a Loan and Security Agreement and a Tax Regulatory Agreement; approving the form of and authorizing the execution and delivery of the Bonds and certain related documents; making certain Findings and Determinations with respect to the Bonds; and providing for the Rights and Remedies of the Holders of the Bonds. Whereas, the City of Brookings, South Dakota (the “City”) is authorized by South Dakota Codified Laws, Chapter 9-54, as amended (the “Act”), to promote the general economic welfare and prosperity of the State by financing the provision of necessary economic development facilities, including promotion and advancement of postsecondary education; and Whereas, the South Dakota State University Foundation, a South Dakota nonprofit corporation (the “Foundation”) has requested the assistance of the City in connection with paying certain costs of improvements to the Campus of South Dakota State University, which would consist generally of the following (collectively, the “Project”): (i) A major expansion and remodeling of the South Dakota State University Performing Arts Center, including construction, equipping and furnishing of such facility; and (ii) The construction, equipping and furnishing of a practice gym facility adjacent to the Stanley Marshall HPER academic and athletic facility; Whereas, specifically, the Foundation has requested that the City issue its Economic Development Revenue Bonds (South Dakota State University Foundation Project), Series 2017 (the “Bonds”), in one or more series in the original aggregate principal amount not to exceed $9,700,000 to finance costs of the Project in accordance with the terms of a Loan and Security Agreement (the “Loan and Security Agreement”) to be entered into by and among the City, the Foundation and one or more of the Purchasers (defined below) pursuant to which the proceeds derived from the sale of the Bonds will be loaned to the Foundation (the “Loan”); and 2 137362772.5 Whereas, the Foundation has advised the City that First Premier Bank (“First Premier”) and First Bank & Trust (“First Bank & Trust” and, together with First Premier and any successor holders of any of the Bonds, the “Purchasers”) have agreed to purchase the Bonds; Now, Therefore, Be It Resolved by the City of Brookings South Dakota, that: Section 1. The City finds that it is appropriate to finance costs of the Project in order to promote and advance postsecondary education and that the issuance, sale, and delivery of the Bonds are consistent with the purposes of the Act. Section 2. For the purposes of funding costs of the Project and paying the costs of issuing the Bonds, there are hereby authorized the issuance, sale, and delivery of the Economic Development Revenue Bonds (South Dakota State University Foundation Project), Series 2017 (the “Bonds”) in the aggregate principal amount not to exceed $9,700,000, and such Bonds shall be issued in such principal amounts, shall be numbered, shall be dated, shall mature, shall be subject to redemption prior to maturity, and shall be in such form and have such other details and provisions as are prescribed in the Loan and Security Agreement, substantially in the form now on file with the City. The Bonds shall bear interest at the rates specified in the Loan and Security Agreement. The form of Bonds is approved in substantially the form on file with the City Clerk, subject to such changes not inconsistent with this Resolution and applicable law that are approved by the Mayor and Finance Director. The issuance and delivery of the Bonds shall be conclusive evidence that the Mayor and Finance Director have approved all provisions of the Bonds as issued and any changes to the form of the Bonds on file with the City on the date hereof. Section 3.The Bonds shall be special obligations of the City payable solely from the revenues and other funds pledged pursuant to the Loan and Security Agreement. The Mayor, Finance Director and City Clerk and other officers of the City (the “City Officials”) are hereby authorized and directed to enter into, execute, and deliver the Loan and Security Agreement, and are hereby authorized and directed to execute and deliver the Bonds in accordance with the terms of the Loan and Security Agreement, and it is hereby provided that the Loan and Security Agreement shall provide the terms and conditions, covenants, rights, obligations, duties, and agreements of the Purchasers, the City, and the Foundation, as set forth therein. All the provisions of the Loan and Security Agreement, when executed as authorized herein, shall be deemed to be a part of this Resolution as fully and to the same extent as if incorporated verbatim herein and shall be in full force and effect from the date of execution and delivery of the Loan and Security Agreement. The Loan and Security Agreement shall be substantially in the form now on file with the City, with such necessary and appropriate variations, omissions, and insertions as do not materially change the substance thereof, or as the Mayor and Finance Director, in their discretion, shall determine, and the execution and delivery thereof by the City Officials shall be conclusive evidence of such determination. 3 137362772.5 Section 4.The City Officials are hereby authorized and directed to enter into, execute, and deliver the Loan and Security Agreement, providing for the loan of the proceeds derived from the sale of the Bonds to the Foundation. Section 5. First Premier, as the Depository (“Depository”) is hereby appointed the custodian of the funds and accounts created under the Loan and Security Agreement and the authenticating agent, paying agent, and registrar with respect to the Bonds. Section 6. The City hereby approves the execution and delivery by the Foundation of: (i) a Tax Regulatory Agreement among the City, the Foundation and the Depository (the “Tax Regulatory Agreement”), and (ii) all other documents, instruments, and security of any nature provided by the Foundation to the City, or to the Purchasers. Section 7. The City Officials are hereby authorized to execute and deliver, on behalf of the City, the Tax Regulatory Agreement and such other certificates, instruments, and other documents as are necessary, customary, or appropriate in connection with the issuance, sale, and delivery of the Bonds, or are necessary to establish the validity or enforceability of the Bonds, or are required by bond counsel to establish the validity or enforceability of the Bonds or the exclusion from gross income of interest on the Bonds for purposes of federal income taxation and State of South Dakota taxation (including a certificate as to the status of the Bonds as not being “arbitrage bonds,” an Information Return for Tax-Exempt Private Activity Bond Issues, Form 8038), and any UCC-1 financing statements. Section 8. The City expects that the City (together with any subsidiary entities under the control of the City and any entities that issue obligations on behalf of the City) will not issue tax-exempt obligations in calendar year 2017 which, along with the Bonds, would aggregate more than $10,000,000. Accordingly, the Bonds are hereby designated as “qualified tax-exempt obligations” within the meaning of Section 265(b)(3)(B) of the Code. Section 9. All covenants, stipulations, obligations, and agreements of the City contained in this Resolution and the aforementioned certificates, instruments, and documents shall be deemed to be the covenants, stipulations, obligations, and agreements of the City to the full extent authorized or permitted by law, and all such covenants, stipulations, obligations, and agreements shall be binding upon the City. No covenant, stipulation, obligation, or agreement herein contained or contained in the aforementioned certificates, instruments, or documents shall be deemed to be a covenant, stipulation, obligation, or agreement of any member of the City Council of the City, or any officer, agent, or employee of the City in that person’s individual capacity, and neither the City Council of the City nor any officer or employee executing the Bonds shall be liable personally on the Bonds or be subject to any personal liability or accountability by reason of the issuance thereof. 4 137362772.5 No provision, covenant, or agreement contained in the aforementioned certificates, instruments, or documents, or in the Bonds, or in any other document related to the Bonds, and no obligation therein or herein imposed upon the City or the breach thereof, shall constitute or give rise to any pecuniary liability of the City or any charge upon its general credit or taxing powers. The Bonds shall never constitute an indebtedness of the City within the meaning of any provision or limitation of the South Dakota Constitution or statutes, or the City Charter and shall not constitute or give rise to any pecuniary liability of the City or any charge upon its general credit or taxing powers. In making the agreements, provisions, covenants, and representations set forth in such documents, the City has not obligated itself to pay or remit any funds or revenues, other than funds and revenues derived from the Loan and Security Agreement which are to be applied to the payment of the Bonds, as provided therein and in the Loan and Security Agreement. Section 10. Except as herein otherwise expressly provided, nothing in this Resolution or in the aforementioned documents, expressed or implied, is intended or shall be construed to confer upon any person or firm or corporation, other than the City or any owner of the Bonds issued under the provisions of this Resolution any right, remedy, or claim, legal or equitable, under and by reason of this Resolution or any provision hereof, this Resolution, the aforementioned documents, and all of their provisions being intended to be and being for the sole and exclusive benefit of the City and any owner from time to time of the Bonds issued under the provisions of this Resolution. Section 11.In case any one or more of the provisions of this Resolution, or of the aforementioned documents, or of the Bonds issued hereunder shall for any reason be held to be illegal or invalid, such illegality or invalidity shall not affect any other provision of this Resolution, or of the aforementioned documents, or of the Bonds, but this Resolution, the aforementioned documents, and the Bonds shall be construed and endorsed as if such illegal or invalid provision had not been contained therein. All of the aforementioned documents are on file in the office of the Finance Director and are available for inspection by any interested party. Section 12. The Bonds, when executed and delivered, shall contain a recital that they are issued pursuant to the Act, and such recital shall be conclusive evidence of the validity of the Bonds and the regularity of the issuance thereof and that all acts, conditions, and things required by the laws of the State relating to the adoption of this Resolution, to the issuance of the Bonds, and to the execution of the aforementioned documents to happen, exist, and be performed precedent to and in the enactment of this Resolution, and precedent to issuance of the Bonds, and precedent to the execution of the aforementioned documents have happened, exist, and have been performed as so required by law. Section 13.The City Officials are hereby authorized to do all acts and things required of them by or in connection with this Resolution, the aforementioned certificates, instruments, or documents, and the Bonds for the full, punctual, and 5 137362772.5 complete performance of all the terms, covenants, and agreements contained in the Bonds, the aforementioned certificates, instruments, and documents, and this Resolution. In the event that for any reason any City Official is unable to carry out the execution of any of the documents or other acts provided herein, any person delegated the authority to act on behalf of such City Official is hereby authorized to act in the capacity of such City Official and undertake such execution or acts on behalf of the City with full force and effect, which executions or acts shall be valid and binding on the City. If the person whose signature appears on any of the foregoing certificates, instruments, or documents shall cease to be a City Official before the date of issuance of the Bonds such signature shall, nevertheless, be valid and sufficient for all purposes. Section 14. The City shall publish this Resolution after its passage. The City shall not issue the Bonds authorized hereunder if within twenty (20) days after publication of this Resolution there shall be filed with the City a petition requesting a referendum in the form required by, and signed by the requisite number of voters as provided in, Section 9-20-6 of the South Dakota Codified Laws, in which event, this Resolution shall not become operative and the City shall not issue the Bonds unless and until the requirements of Section 9-20-5 of the South Dakota Codified Laws are satisfied. In addition, the Bonds shall not be issued until after (a) a public hearing is held as provided by Section 147(f) of the Internal Revenue Code of 1986, as amended (the “Code”) and (b) the issuance of the Bonds is approved following such public hearing by the applicable elected representative of the City as provided by Section 147(f)(2) of the Code. Section 15. All prior resolutions or Resolutions which conflict with the provisions of this Resolution are hereby repealed to the extent of such conflict. Passed and Approved this 28th day of November, 2017. CITY OF BROOKINGS Keith W. Corbett, Mayor ATTEST: Shari Thornes, City Clerk 1 137616899.1 LOAN AND SECURITY AGREEMENT This Loan and Security Agreement (the “Loan Agreement”) dated as of the ____ day of December, 2017, by and among CITY OF BROOKINGS, SOUTH DAKOTA, a body politic and corporate (the “City”), SOUTH DAKOTA STATE UNIVERSITY FOUNDATION, a South Dakota non- profit corporation (the “Foundation”), FIRST PREMIER BANK (“First Premier”), and FIRST BANK & TRUST (“First Bank & Trust”). Capitalized terms not otherwise defined in the text hereof have the meanings assigned to them in Article I hereof. WHEREAS, the Act authorizes and empowers cities of the State of South Dakota to issue and sell revenue bonds and lend the proceeds thereof to a person or corporation for the purpose of financing or refinancing projects authorized thereby; and WHEREAS, the Foundation has undertaken economic development projects authorized by the Act in the City (as further described on Exhibit A hereto); and WHEREAS, the City proposes to issue and sell its City of Brookings Economic Development Revenue Bond, Series 2017 (South Dakota State University Foundation Project) and to make a loan of the proceeds thereof to the Foundation under this Loan Agreement and pursuant to the Act in order to finance costs of the Project. NOW, THEREFORE, in consideration of the mutual agreements and covenants hereinafter contained, the parties hereto covenant and agree as follows: RECITALS ARTICLE I INTERPRETATION OF THIS LOAN AGREEMENT Section 1.1 Terms Defined. As used in this Loan Agreement, the following terms shall have the following respective meanings: “Accountant” means an independent certified public accountant or firm of certified public accountants selected by the Foundation. “Act” means Chapter 9-54 of the South Dakota Codified Laws (“SDCL”), as the same may be amended from time to time. “Bond Counsel” means Perkins Coie, LLP. “Bond Fund” means the fund to be held and administered as provided in Section 3.5, that shall be used to achieve a proper matching of revenues from the Note with the payments due on the Bonds. “Bondholder” means the registered owner of any Bonds. “Bonds” means the term as defined in Section 2.1. 2 137616899.1 “Business Day” means any day on which the City is not required or authorized to remain closed. “City” means the City of Brookings, South Dakota. “Closing Date” means December __, 2017. “Code” means the Internal Revenue Code of 1986, as amended, and the applicable regulations proposed or promulgated thereunder. “Default” means an event or condition, the occurrence of which would, with the lapse of time or the giving of notice, or both, become an Event of Default. “Default Rate” means a rate of interest that is 300 basis points higher than the interest rate in effect as to the Bonds immediately prior to the occurrence of the Event of Default. “Depository” shall be a state or federally chartered bank located in South Dakota which is mutually approved by the Purchasers, the City and the Foundation. The initial Depository shall be First Premier. “Determination of Loss of Section 265(b)(3) Qualification” means receipt by the Foundation of a written notice to the effect that (a) there has occurred a determination by the Internal Revenue Service or a court of competent jurisdiction that any Bond does not constitute “qualified tax-exempt obligations” within the meaning of Section 265(b)(3) of the Code, (b) Bond Counsel has stated in writing that it is unable to confirm that the Bond constitutes “qualified tax exempt obligations” within the meaning of Section 265(b)(3) of the Code, or (c) there has been a determination by legal counsel who has been jointly selected by the Purchasers and Foundation that such Bond does not constitute “qualified tax-exempt obligations” within the meaning of Section 265(b)(3) of the Code. Notwithstanding the foregoing, a “Determination of Loss of Section 265(b)(3) Qualification” shall not be deemed to have occurred if such Bond no longer qualifies as a “qualified tax-exempt obligation” because the Bondholder is not eligible to claim such benefit under the Code. “Determination of Taxability” means a determination that interest accrued or paid on any Bonds is included in gross income for federal income tax purposes, which determination shall be deemed to have been made upon the occurrence of the first to occur of the following: (a) the date on which any Bondholder is advised in writing by the Commissioner or any District Director of the Internal Revenue Service that, as a consequence of an action, or a failure to act, by the City or the Foundation, the interest on the Bonds is included in gross income for federal tax purposes; (b) the date on which the City or the Foundation receives notice from a Bondholder that the Bondholder has been advised (i) in writing that the Internal Revenue Service has issued a statutory notice of deficiency or similar notice to such Bondholder which asserts, in effect, that the interest on the Bonds received by such Bondholder is included in the gross income of such Bondholder for federal income tax purposes, as a result of an action, or failure to act, by the City or the Foundation or (ii) by an opinion of independent counsel (approved by the 3 137616899.1 City and the Foundation) received by the Bondholder which concludes, in effect, that interest on the Bonds is included in gross income for federal income tax purposes as a result of an action, or failure to act, by the City or the Borrower; (c) the day on which the City is advised in writing by the Commissioner or any District Director of the Internal Revenue Service that there has been issued a public or private ruling of the Internal Revenue Service that the interest on the Bonds is included in gross income for federal income tax purposes as a result of an action, or failure to act, by the City or the Foundation; or (d) the day on which the City is advised in writing by counsel to the Bondholder that a final determination, from which no further right of appeal exists, has been made by a court of competent jurisdiction in the United States of America in a proceeding with respect to which the City and the Foundation have been given written notice and an opportunity to participate and defend that the interest on the Bonds is included in gross income for federal income tax purposes as a result of an action, or failure to act, by the City or the Foundation; provided, in any event, that no Determination of Taxability shall arise from the interest on the Bonds being included (1) in income for purposes of calculating alternative minimum taxable income of any person or corporation pursuant to Section 55 of the Code, (2) in earnings and profits of branches of foreign corporations for purposes of calculating the “branch profits tax,” (3) within gross income to certain recipients of social security benefits, and (4) as passive investment income to certain subchapter S corporations which have subchapter C earnings and profits; provided, further, that no such Determination of Taxability shall be deemed to have occurred until the expiration or waiver of all periods for appeal; and, provided further, that in the event the Determination of Taxability is contested by the Foundation in the name of any Bondholder, then all final decisions regarding such contest shall be made by the Bondholder and shall be binding on the Foundation, provided, however, that if the Bondholder at any time refuses to permit the Foundation to contest the Determination of Taxability then the interest on the Bonds shall not be deemed to be taxable within the meaning of this definition. “Disbursement” means a disbursement from the Project Fund pursuant to Section 3.2 of this Agreement. “Disbursement Request” means a request by the Foundation for an Advance substantially in the form of Exhibit B attached hereto and submitted and approved as provided in Section 3.2. “Event of Default” means with respect to this Loan Agreement, any Event of Default as described in Section 12 hereof. “Event of Loss of Section 265(b)(3) Qualification” means the occurrence of the circumstances upon which the Determination of Loss of Section 265(b)(3) Qualification is predicated. “Event of Taxability” means the occurrence of the circumstances upon which the Determination of Taxability shall have been predicated which results in the interest payable on any Bond becoming includible in the gross income of the holders of such 4 137616899.1 Bond and such event shall be deemed to have occurred on the first date on which interest payable on the Bond is subject to inclusion in federally taxable income. “Facility” means each of the buildings constructed or improved as part of the Project, as set forth on Exhibit A. “Final Maturity Date” means December 31, 2025. “Fiscal Year” means the 12-month period ending on December 31st of each year, or such other 12-month period set forth in a certificate of the Foundation signed by a Foundation Representative provided to the City and the Purchasers specifying the fiscal year of the Foundation for accounting purposes. “Foundation” means South Dakota State University Foundation, a South Dakota non-profit corporation, and its permitted successors and assigns. “Foundation Representative” means the President, Chief Financial Officer or other individual who has been duly authorized by the Board of Governors on behalf of the Foundation to sign Disbursement Requests for the disbursement of moneys held in the Bond Fund or to sign other certificates to be furnished hereunder from time to time to the City, the Purchasers or the Purchasers. “Fund” means the Bond Fund, the Rebate Fund and the Project Fund, as each term is defined in Article III. “GAAP” means generally accepted accounting principles set forth in the opinions and pronouncements of the Accounting Principles Board of the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board or in such other statements by such other Person as may be approved by a significant segment of the accounting profession, which are applicable to the circumstances as of the date of determination. “Government Securities” means direct noncallable obligations of, or obligations the timely payment of the principal of and interest on which are unconditionally guaranteed by, the United States of America. “Inclusion Period” means, for any Bonds, the period beginning on the date of an Event of Taxability and ending on the date of the Determination of Taxability, or if the Bonds were outstanding on the date of the Event of Taxability but were paid or redeemed prior to the Determination of Taxability, the period ending on the date such Bonds were paid or redeemed. “Investment Securities” means any of the following securities, if and to the extent the same are at the time legal for investment of the City’s funds and permissible investments under the Code: (i)Government Securities; 5 137616899.1 (ii)certificates of deposit, whether negotiable or nonnegotiable, issued by any bank or trust company organized under the laws of any state of the United States of America or any national banking association (including the Purchasers); (iii)such other investments as are authorized by SDCL 4-5-6, as the same may be amended from time to time. “Loan” means the aggregate of $9,700,000.00 advanced from the City to the Foundation made hereunder as described in Section 2.2. “Loan Documents” means this Loan Agreement, the Tax Exemption Agreement, the Note, the Bonds and any other document executed in connection with, or that is related to the transactions contemplated by, the foregoing as the same may be supplemented or otherwise amended from time to time. “Loan Payments” shall have the meaning set forth in Section 2.4. “Maximum Principal Amount” shall be the maximum amount of Advances to be made by a Purchaser of a Bond as set forth at the top of the face page of the Bond. “Note” shall mean the promissory note issued by the Foundation to the City at the closing in the principal amount of $9,700,000.00. “Participant” means the term as defined in Section 5. “Permitted Investments” means investments in (i) Government Securities; (ii) bonds, debentures, notes or other evidences of indebtedness issued by any of the following: Federal Home Loan Banks; Federal Home Loan Mortgage Foundation (including participation certificates); and Federal Financing Bank; (iii) certificates of deposit or time deposits constituting direct obligations of any bank (including the Purchasers) which is a “qualified public depository” or any savings and loan association which is a “savings and loan depository” under the Public Deposit Insurance Act pursuant to Chapter 4-6A of the South Dakota Codified Laws and which obligations are fully insured as to principal by the Federal Deposit Insurance Foundation or its successors, or, if not so insured, which obligations are either fully collateralized with Government Securities or are in such institutions which are rated in either of the two highest categories established by Moody’s Investors Service, Inc. and Standard & Poor’s Ratings Group, or, if a sufficient volume of such certificates is not available at competitive interest rates, then in direct obligations of United States banks and savings institutions that are rated in one of the highest two categories by Moody’s Investors Service, Inc. and Standard & Poor’s Ratings Group; (iv) certificates of deposit, time deposits, or demand deposits of the Purchasers so long as the Purchasers is a “well capitalized institution” as defined in Regulation F of the Board of Governors of the Federal Reserve System (12 C.F.R. 206); (v) short term discount obligations of the Federal National Mortgage Association; (vi) money market funds which invest in Government Securities permitted by clause (i) of this definition and which are rated “aaa” by Moody’s Investor Service Inc.; or (vii) such other investments as are authorized by SDCL 4-5-6. Investments in any Permitted Investment listed above may be made either 6 137616899.1 directly or indirectly or in the form of securities of, or other interests in, an investment company registered under the Federal Investment Foundation Act of 1940, whose shares are registered under the Federal Securities Act of 1933 and whose investments are limited solely to any or all of the Permitted Investments enumerated above. Any Government Security collateralizing investments made pursuant to (iii) above must be held by a trustee (who shall not be the provider of the collateral), or any Federal Reserve Bank or depositary as custodian for the institution issuing such deposits and such trustee shall have a perfected first lien in the Government Securities serving as collateral, and which collateral is free from all third party liens. The Purchasers, so long as it is a depository of funds hereunder pursuant to clause (iv) above, will provide to the Foundation not less than quarterly, a signed statement to the effect that it is in compliance with the requirements of (iii) above and attaching to such statement such supporting financial statements and information as is necessary to evidence such compliance. “Person” means an individual, partnership, joint venture, corporation, limited liability company, trust, unincorporated organization or foundation, and a government or agency or political subdivision thereof. “Pledged Property” means the Pledges pledged by the Foundation in support of the repayment of the Bonds, together with all proceeds, accessions, additions, replacements and substitutions thereof. “Pledge Year” means the annual period which begins on December [16] of a year and ends on December [15] of the next year; provided that the first Pledge Year shall be deemed to commence on the date of this Agreement and shall end on December [15], 2018.1 “Pledges” means gifts, contributions, bequests, donations and any other funds pledged to the Foundation for the purpose of paying for costs associated with the Projects and held in temporary restricted accounts (the “Project Pledge Accounts”), and, for purposes of the UCC, includes all deposit, savings or other accounts in which the Project Pledge Accounts are held in any financial institution, all cash in such accounts and the proceeds thereof. “Prepayment Date” means each Business Day on which a prepayment permitted under Section 2.6 is to be made. “Project” means, collectively, the Projects described on Exhibit A. “Project Fund” means the fund to be held and administered by the Purchasers pursuant to Section 3.2. “Project Site” means all of the real estate described in Exhibit A attached hereto and by this reference made a part hereof. 1 To be discussed – the purpose of this defined term is to allow time for the measurement of pledge receipts in a given year so that the annual principal payment can be made on a timely basis on the following December 31st. 7 137616899.1 “Purchasers” means FIRST PREMIER BANK and FIRST BANK & TRUST and their respective successors and assigns, or in the event any Purchaser no longer holds any Bonds, then each reference to such Purchaser shall be deemed to be a reference to “Bondholders” as the context may so require. “Rebate Fund” means the fund to be held and administered by the Purchasers pursuant to Section 3.4. “Secured Obligations” means, as to the Foundation, (a) all obligations of the Foundation under the Note, including the principal thereof, accrued interest thereon and other amounts due to the holder thereof pursuant to this Loan Agreement and the other Loan Documents, and (b) all renewals or extensions thereof, from time to time. “Security” shall have the same meaning as in Section 2(1) of the Securities Act. “Securities Act” shall mean the Securities Act of 1933, as amended, and the regulations promulgated thereunder. “Sinking Fund Installment” for each Pledge Year shall mean the greater of: (a) the amount of Pledges received by the Foundation with respect to the Pledged Property during such Pledge Year less the amount of the June 30 interest payment for such year and (b) the amount which, if paid as principal of the Bonds on the next December 30, would cause the remaining outstanding principal amount of the Bonds to be less than the remaining uncollected Pledged Property. “Taxable Bonds” means any Bonds upon which tax is payable on the interest on or after the Determination of Taxability has occurred, whether or not such Bonds have been redeemed or have matured on or after the date of the Determination of Taxability. “Tax Exemption Agreement” means the Tax Exemption Agreement dated as of even date herewith, between the City and the Foundation. “Uniform Commercial Code” means the Uniform Commercial Code, Title 57A, as in effect from time to time in the State of South Dakota. Section 1.2 Accounting Principles. Where the character or amount of any asset or liability or item of income or expense is required to be determined or any consolidation or other accounting computation is required to be made for the purposes of this Loan Agreement, this shall be done in accordance with GAAP at the time in effect. Section 1.3 Rules of Interpretation. (a)Where the character or amount of any asset or liability or item of income or expense is required to be determined or any consolidation or other accounting 8 137616899.1 computation is required to be made for the purposes of any Loan Document, this shall be done in accordance with GAAP at the time in effect. (b)The words “herein,” “hereof” and “hereunder” and other similar words refer to this Loan Agreement as a whole and not to any particular Article, Section or other subdivision. (c)The words “including” shall be deemed to mean “including without limitation” unless the context clearly indicates otherwise. (d)Any pronouns used in this Loan Agreement shall include both the singular and the plural and cover both genders. (e)Any terms not defined in this Loan Agreement but which are defined in any Loan Document shall have the same meaning in this Loan Agreement as are given to them in the applicable Loan Document. (f)The captions or headings herein are for convenience only and in no way define, limit or describe the scope or intent, or control or affect the meaning or construction, of any provisions or sections hereof. (g)Any references to Section numbers are to Sections of this Loan Agreement unless stated otherwise. Section 1.4 Directly or Indirectly. Where any provision in this Loan Agreement refers to action to be taken by any Person, or which such Person is prohibited from taking, such provision shall be applicable whether such action is taken directly or indirectly by such Person. Section 1.5 Governing Law. This Loan Agreement and the other Loan Documents shall be governed by and construed in accordance with South Dakota law. ARTICLE II COMMITMENTS FOR THE LOAN AND CLOSING Section 2.1 Borrowing by the City and Description of Bond. On the Closing Date, the Purchasers have agreed to purchase and the City has agreed to issue and sell its Economic Development Revenue Bond, Series 2017 (South Dakota State University Foundation Project) (the “Bonds”), in the principal amount of $9,700,000.00 as follows: (a)First Premier shall make Advances on the Bonds up to a Maximum Principal Amount of $6,062,500.00, and (b)First Bank and Trust shall make Advances on the Bonds in a Maximum Principal Amount $3,637,500.00. 9 137616899.1 Such Advances shall be made by the Purchasers on a pro rata basis with First Premier making Advances in 62.5% of each Advance and First Bank and Trust making Advances in 37.5% of each Advance. The obligation to make any Advance is several, not joint. To evidence such Advance, (1) First Premier will be issued a single registered Bond on the Closing Date registered in its name with a stated Maximum Principal Amount of $6,062,500.00 and showing an initial Advance as of the Closing Date of $[31,250]2 and will be issued a single registered Bond on the Closing Date registered in its name with a stated Maximum Principal Amount of $3,637,500.00 and showing an initial Advance as of the Closing Date of $[18,750]. The Bonds shall be issuable in the form of a single fully registered bond to each Purchaser, without coupons, and numbered R-1 upwards. Section 2.2 Borrowing by the Foundation and Description of Note. Subject to all the terms and conditions hereof and on the basis of the representations and warranties hereinafter set forth and subject to the closing of concurrent borrowings by the City from the Purchasers pursuant to Section 2.1, the City agrees to lend to the Foundation, and the Foundation agrees to borrow from the City up to $9,700,000.00, to be evidenced by the Note. Section 2.3 Interest Rate. Interest shall accrue on the unpaid principal balance of the Notes and the Bonds from the date of the execution and delivery thereof until such obligations have been fully and finally satisfied, at a fixed interest rate per annum equal to 3.15%, calculated on the basis of a calendar year with 360 days. Section 2.4 Repayment of the Loan. (a)The City will cause the principal of and interest on the Bonds to be paid solely from the sources provided herein, namely the Pledges and other revenues pledged by the Foundation to the City and other payments, if any, made to the City on the Notes. (b)The Foundation covenants and agrees with the Purchasers, that it shall, with respect to the Note, make payments of principal and interest thereon at the times and in the amounts which will allow the City to pay principal and interest on the Bonds as and when due. Such payments by the Foundation shall be made to the Depository which shall record receipt of such payment as a credit to the Bond Fund and then, in turn, the Depository shall remit payments on the Bonds from the Bond Fund to the Purchaser on a pro rata basis. Each Loan Payment shall at all times be sufficient to pay the total amount of interest and principal (whether at scheduled maturity, by acceleration, or by redemption as provided herein) and premium, if any, payable on the payment date that such Loan Payment is due. (c)The Bonds require that interest be paid semiannually on each June 30 and December 31 commencing on June 30, 2018. In addition, the Bonds require the payment of a Sinking Fund Installment on each December 31 commencing December 31, 2018. The remaining outstanding principal, accrued and unpaid interest and all other amounts payable shall be due and payable on the Final Maturity Date. 2 Tax law will require that a minimum of $50,000 be advanced as of the initial closing date. The amounts specified above constitute 62.5% and 37.5% of $50,000. 10 137616899.1 (d)In addition, the Foundation covenants and agrees to immediately pay to each of the Purchasers, upon written request by the Purchasers, such sums as are necessary to satisfy any and all obligations, including, but not limited to, additional interest, penalties and costs incurred by the parties due to an Event of Taxability or an Event of Loss of Section 265(b)(3) Qualification. The Foundation’s obligations under this Section 2.4 (d) shall survive the defeasance, redemption, or final payment of the Bond. Section 2.5 Additional Payments. The Foundation shall pay as additional payments the following amounts: (a)All fees, charges and expenses, including legal counsel fees incurred by Purchasers in connection with the closing of the transactions contemplated by this Agreement. (b)An amount sufficient to reimburse the City for all expenses reasonably incurred by the City and its counsel hereunder and in connection with the performance of its obligations under this Loan Agreement. (c)All expenses incurred in connection with the enforcement of any rights under this Loan Agreement by the City or the Purchasers. (d)All other payments of whatever nature which the Foundation has agreed to pay or assume under the provisions of this Loan Agreement. Section 2.6 Prepayments. (a)Prepayments. The Bonds and the Notes may be prepaid in full, in whole or in part, without penalty. In addition, the principal of the Bonds shall be prepaid in an amount equal to the Sinking Fund Installment each year commencing on December 31, 2018. All such payments shall be applied pro rata to the individual Bonds then outstanding. (b)Procedure. If the Foundation wants to prepay the Bonds, the Foundation shall notify the City, the Purchasers and the Purchasers of its prepayment request, which notice shall specify the principal amount of the Bonds to be prepaid and the proposed Prepayment Date. Such notice from the Foundation must be given at least thirty (30) days prior to the proposed Prepayment Date. The Purchasers shall apply all prepayments to the principal installments in the inverse order of their maturities. Section 2.7 Security. Amounts owing pursuant to the Notes shall be secured by a security interest in the Pledged Property as provided in Section 11.1, together with a negative pledge as provided in Section 8.3. Section 2.8 The Closing. The closing of the issuance and sale of the Bonds and the Loan to be granted by the City to the Foundation shall be held on the Closing Date at the offices of Bond Counsel, or at such other time or place as may be mutually agreed upon by the parties. 11 137616899.1 Section 2.9 Limited Obligations; Non-Liability of City. (a)The Bonds authorized and issued hereunder and the payments to be made by the City thereon are not a general obligation of the City but are a limited obligation of the City payable solely from the payments by the Foundation on the Notes. (b)The Bonds do not constitute a pledge of the full faith and credit of the City. The issuance of the Bonds under the provisions of the Act does not, directly or indirectly, or contingently, obligate the City to levy any form of taxation for the payment thereof or to make any appropriation for its payment and such Bonds and interest thereon does not now and shall never constitute a debt of the City within the meaning of the Constitution or the Statutes of South Dakota and does not now and shall never constitute a charge against the credit or taxing power of the City or of the State of South Dakota or any political subdivision thereof. (c)Anything in this Loan Agreement or the Bonds to the contrary notwithstanding, no recourse shall be had for the payment of the principal of or interest on the Bonds or for any claim based thereon or otherwise in respect thereof or based on or in respect of this Loan Agreement against the City; it being expressly understood that the Bonds and all obligations of the City under this Loan Agreement and the Bonds are solely nonrecourse obligations as to the City and that all such liability of the City is and is to be, by the acceptance of this Loan Agreement and the Bonds by the Purchasers, expressly waived and released as a condition of, and as consideration for, the execution and delivery of this Loan Agreement and the Bonds; provided however, that nothing contained herein or in the Bonds shall constitute a waiver of any indebtedness evidenced by this Loan Agreement or the Bonds or shall be taken to prevent the enforcement by way of specific performance or recourse to the security interest in the Pledged Property or any part thereof, for all liabilities, obligations and undertakings of the Foundation contained in this Loan Agreement or in the Note. (d)The Foundation hereby acknowledges and agrees that the City shall not be liable to the Foundation, and hereby releases and discharges the City from any liability, for any and all losses, costs, expenses (including attorneys’ fees), damages, judgments, claims and causes of action, paid, incurred or sustained by the Foundation as a result of or relating to any action, or failure or refusal to act, on the part of the Purchasers with respect to this Loan Agreement or the documents and transactions related hereto or contemplated hereby, including, without limitation, the exercise by the Purchasers of any of its rights or remedies pursuant to the Loan Agreement or any collateral security documents. Nothing contained herein shall be deemed as a release by the Foundation of the Purchasers for any liabilities referred to herein. (e)Nothing contained in this Loan Agreement or the Notes shall be interpreted as creating any obligation on the part of the City to purchase any additional Notes or other obligation of the Foundation, it being the intent hereof to reserve to the City full and complete discretion to decline to make such loans in the performance of its duties under the Act. 12 137616899.1 Section 2.10 Advances; Deposit of Funds. The proceeds received by the City upon each Advance shall be deposited in the Project Fund and promptly advanced to the Foundation as an advance of the Loan for purposes of paying the Project Costs. Each Advance shall be made by the Depository with the funds collected from the Purchasers upon receipt and approval by the Depository of a Disbursement Request from the Foundation. ARTICLE III FUNDS AND ACCOUNTS CUSTODY AND APPLICATION OF BONDS PROCEEDS Section 3.1 Creation of Funds and Accounts. The Depository shall establish, maintain and have custody of the following special funds: (i) the Project Fund; (ii) the Bond Fund; and (iii) Rebate Fund, if applicable. Section 3.2 The Project Fund. The Project Fund shall be held and administered by the Depository as follows: (a)Deposits to the Project Fund. The following funds shall be paid over to and deposited by the Depository into the Project Fund, upon receipt of a Disbursement Request: (1)Amounts deposited pursuant to Section 2.10. (2)Earnings accrued on the investment of moneys in the Project Fund shall be deposited to the Project Fund and used to pay costs of the Project. (3)The Net Proceeds of casualty insurance, title insurance or condemnation awards required to be deposited into the Project Fund pursuant to the Loan Agreement. (4)All amounts collected under any performance and labor and material payment bond and any and all payments from any contractors or other suppliers by way of breach of contract, refunds or adjustments required to be deposited into the Project Fund pursuant to the Loan Agreement. (5)Except as otherwise provided herein or in the Loan Agreement, any other money received by or to be paid to the Purchasers from any other source for the purchase and construction of the Project, when accompanied by directions from the Foundation that such moneys are to be deposited into the Project Fund. (b)Disbursements from the Project Fund. Disbursements from the Project Fund shall be made as follows: (1)Advances on the Bonds shall be made and deposited into the Project Fund as provided in Section 2.10 and the proceeds thereof shall be immediately disbursed by the Depository to the Foundation or as otherwise may 13 137616899.1 be directed by the Foundation, whichever is applicable, for the payment of Project Costs upon receipt of Disbursement Requests in the form of Exhibit B attached hereto, signed by the Foundation Representative and satisfaction of each of the conditions precedent set forth in Section 6.2. Disbursements shall take the form of moneys to cover construction draws or fixture purchases or reimbursement for capital expenditures previously made, provided that the capital expenditures are eligible for reimbursement under the Code. (2)Each payment request shall be approved by the Depository within ten (10) Business Days following receipt of a properly completed and supported Disbursement Request. Upon approval, the Depository shall request Advances from the Purchasers and upon receipt will disburse moneys from the Project Fund to the Foundation. (3)Using attached Schedule A to this Agreement, the Depository shall keep and maintain adequate records pertaining to the Project Fund and all disbursements therefrom, and after it has provided a certificate of payment of all costs filed as provided in subsection (c) below, the Depository shall file a statement of receipts and disbursements with respect thereto with the City and the Foundation. (c)Disposition Upon Completion of the Project. Upon the earlier of (a) expending all funds in the Project Fund, or (b) completion of the Project, payment of all costs and expenses incident thereto utilizing the Bond Proceeds shall be evidenced by filing with the Depository a certificate signed by the Foundation Representative stating that the Project has been fully completed. Section 3.3 Cost of Issuance. All costs incurred in connection with the issuance of the Bonds shall be paid by the Foundation. Section 3.4 Rebate Fund. The Depository shall establish and maintain a separate fund to be known as the “Rebate Fund,” which shall be continuously held, invested, expended and accounted for in accordance with the provisions of the Tax Exemption Agreement; provided, however, that the Rebate Fund need not be maintained if the Foundation and the Purchasers shall have received an opinion of Bond Counsel to the effect that failure to maintain the Rebate Fund shall not adversely effect the exclusion of interest on the Bonds from the federal gross income of the owners thereof. In maintaining the Rebate Fund, the Depository will keep and retain the records described in the Tax Exemption Agreement to the extent such records relate to the Funds held by the Depository, and the Depository will take such further action as the Foundation may direct in order to comply with the rebate requirements contained in Section 148(f) of the Code. Anything contained in this Loan Agreement to the contrary notwithstanding (i) the Rebate Fund shall not be considered part of the funds pledged under this Loan Agreement, and (ii) the Depository shall be permitted to transfer moneys on deposit in the Project Fund created 14 137616899.1 by this Loan Agreement to the Rebate Fund in accordance with the provisions of the Tax Exemption Agreement. Section 3.5 Bond Fund. The Depository shall establish and maintain, so long as the Bonds are outstanding, a separate fund to be designated the “Bond Fund.” The Depository shall deposit all payments made by the Foundation pursuant to Section 2.4 hereof for payment of the principal of and interest on the Note, accrued interest, if any, or premium, if any, and all other moneys required to be deposited in the Bond Fund pursuant to any provision of this Loan Agreement, including any funds received from prepayment of the Notes. The Depository shall make disbursements from the Bond Fund pro rata to each Purchaser to satisfy the City’s obligations under the Bonds. The Depository shall record each such payment of principal on the attached Schedule B and shall also maintain ledger entries of each payment of interest on the Bonds. Moneys in the Bond Fund shall be expended solely for the payment of the principal of, premium or Prepayment Fee, if any, and interest on the Bonds as the same mature and become due or upon the redemption thereof prior to maturity. On each anniversary date of the Closing Date, if any amounts remain in the Bond Fund, such amounts shall be applied to the outstanding principal amount of the Bonds, provided that the Purchasers shall first carryover an amount not to exceed the greater of: (i) the earnings on the Bond Fund for the immediately preceding bond year; or (ii) one-twelfth of the principal and interest payments on the Bonds for the immediately preceding bond year. The City hereby authorizes and directs the Depository to withdraw sufficient funds from the Bond Fund to pay Purchasers the principal of, premium, if any, and interest on the Bonds as the same become due and payable, including, without limitation, any prepayment thereof. After payment in full of the principal of, premium, if any, and interest on the Bonds (or provision has been made for the payment thereof as provided in this Loan Agreement), and the fees, charges and expenses of the Purchasers and any other amounts required to be paid under this Loan Agreement, any amounts remaining in the Bond Fund shall be paid to the Foundation. Section 3.6 Mandatory Conversion In the Event of a Determination of Taxability. (a)The Bonds and Note are subject to mandatory conversion to Taxable Bonds in the event of a Determination of Taxability. In any such case, the Foundation shall, within sixty (60) days after the occurrence of the Determination of Taxability pay all expenses of the City and the Purchasers accrued and to accrue due to said Determination of Taxability. (b)From and after the date of the Determination of Taxability, the Bonds and the Notes shall bear interest at the Default Rate. (c)After the date of the occurrence of a Determination of Taxability, the loan payments pursuant to the Notes and the Bonds shall be recomputed to fully amortize the then existing principal balance, with interest at the Default Rate over the then remaining term of the Loan; subject, however, to interest rate adjustments as set forth in Section 2.3. It is also understood that should a Determination of Taxability occur, the prepayment and 15 137616899.1 indemnity provisions shall be amended to reflect the impact of the Default Rate as opposed to the tax exempt interest rate. Section 3.7 Additional Interest and Tax Indemnification. (a)All monies paid by the Foundation to the Purchasers pursuant to Section 2.4 of this Agreement shall be held in the Bond Fund and shall be invested as provided in Section 4.2 hereof. Except as to the extent provided in §1.148-3 of the arbitrage regulations, all earnings on the investment of said moneys shall be retained in the Bond Fund and applied to payments on the Bonds. (b)Before making any payments hereunder to the Bondholder of Taxable Bonds, the Purchasers will mail notice of the availability of these payments payable thereunder to each such Bondholder at its address shown on the registration books of the Purchasers. (c)Upon furnishing proof satisfactory to the Purchasers that it was a Bondholder of Bonds for any portion of the Inclusion Period, any such Bondholder shall be paid from the Bond Fund, as additional interest, an amount equal to the positive difference between (1) interest at the Default Rate in effect during the Inclusion Period calculated on the principal amount of such Taxable Bonds for the period that such Person owed such Taxable Bonds during the Inclusion Period, and (2) the amount of interest actually paid on such Taxable Bonds to such owner during such period. (d)No Bondholder of any Taxable Bonds may assign its rights to payment under (c) above. All amounts payable under (c) above shall be paid only to the Person holding such Bonds during the Inclusion Period or any portion thereof. Section 3.8 Access to Records. Upon request of the Foundation, the Depository shall provide the Foundation and its designated attorneys, accountants and representatives, access to all records, documents, notes, memoranda and materials (whether in written, electronic or other format) relating to the Project Fund, Bond Fund and Rebate Fund, including the right to make copies or extracts thereof. ARTICLE IV SECURITY FOR DEPOSITS AND INVESTMENT OF FUNDS Section 4.1 Investment of Moneys. (a)Moneys held in the Funds shall be invested in Permitted Investments as provided in the Tax Exemption Agreement and the Letter of Instructions. Such moneys shall be separately invested and reinvested by the Foundation (and at the Foundation’s direction) in Investment Securities which mature or are subject to redemption by the holder prior to the date such funds will be needed; provided, however, that such moneys shall not be invested in such manner as will violate the provisions of the Letter of Instructions or the Code. Any such Investment Securities shall be held by or under the control of the Depository and shall be deemed at all times a part of the Fund in which 16 137616899.1 such moneys are originally held, and the interest accruing thereon and any profit realized from such Investment Securities shall be credited to and accumulated in such Fund, and any loss resulting from such Investment Securities shall be charged to such Fund. (b)The Depository may make any and all investments permitted by the provisions of this Section 4.1 through its own bond department or short-term investment department. Section 4.2 Record Keeping. The Depository shall send to the Foundation statements or other records, in the ordinary course of business of the Purchasers, reflecting investments made by the Purchasers pursuant to this Article. The Foundation shall maintain such records, and permit the Depository with access to and copies of such records and statements, so long as the Bonds are outstanding, and for a period of at least six (6) years after the payment of all of the outstanding Bonds. Section 4.3 Tax Covenants. The Depository agrees, upon receipt of a written letter or opinion of Bond Counsel which sets forth such requirements, to comply with any statute, regulation or ruling that may apply to it as Depository hereunder and which relates to reporting requirements necessary to preserve the exclusion from federal gross income of the interest on the Bonds. The Depository further agrees to comply with the requirements of any statute, regulation or ruling relating to the preservation of the exclusion of interest on the Bonds from gross income for federal income tax purposes. ARTICLE V WARRANTIES AND REPRESENTATIONS Section 5.1 Foundation Warranties and Representations. The Foundation warrants and represents to the City and the Purchasers that: (a)Foundation Organization and Authority. The Foundation (1)is a corporation duly organized, validly existing and in good standing under the laws of the State of South Dakota as a non-profit corporation, (2)has all requisite corporate power and authority and all necessary licenses and permits to carry on its activities as now conducted and as presently proposed to be conducted, and (3)has been organized exclusively for charitable purposes and no part of its net earnings inures to the benefit of any person, private stockholder or individual within the meaning of Section 3(a)(4) of the Securities Act of 1933, as amended. (b)Pending Litigation. There are no proceedings pending, or to the knowledge of the Foundation threatened, against or affecting the Foundation in any court or before any governmental authority or arbitration board or tribunal which, if adversely determined, would materially and adversely affect the Foundation or the Project, 17 137616899.1 prospects or condition (financial or otherwise) of the Foundation, or the ability of the Foundation to perform its obligations under this Loan Agreement. The Foundation is not in default with respect to any order of any court, governmental authority or arbitration board or tribunal. (c)Borrowing Legal and Authorized. The consummation of the transactions provided for in this Loan Agreement and compliance by the Foundation with the provisions of this Loan Agreement, Tax Exemption Agreement and the Note: (1)are within the corporate powers and have been duly authorized by all necessary corporate action on the part of the Foundation; and (2)will not result in any breach of any of the terms, conditions or provisions of, or constitute a default under, or result in the creation or imposition of any lien, charge or encumbrance upon any real or personal property of the Foundation pursuant to any indenture, loan agreement or other instrument (other than this Loan Agreement) to which the Foundation is a party or by which the Foundation may be bound, nor will such action result in any violation of the provisions of the Articles of Incorporation or Bylaws of the Foundation. (d)No Defaults. No event has occurred and no condition exists which would constitute an Event of Default. The Foundation is not in violation in any material respect, and has not received notice of any claimed violation, of any term of any agreements, charter instrument, by-law or other instrument to which it is a party or by which it may be bound. (e)Use of Proceeds of the Bonds. The Foundation will apply the proceeds of the Loan from the City solely for the purpose of providing funds to finance the costs of the Project and to reimburse for costs already incurred with respect to such Project. All of such costs constitute “costs” of a “project” as defined in the Act. The Foundation will not use any of the proceeds of the Note in any manner that would cause the Bonds to be “arbitrage bonds” within the meaning of Section 148 of the Code. (f)Compliance with Law. To the knowledge of the Foundation, the Foundation is in compliance with all laws, ordinances, governmental rules and regulations to which it is subject. (g)The Project. The average maturity of the Bonds does not exceed one hundred twenty percent (120%) of the reasonably expected economic life of the Project. (h)Validity of the Note. The Note, when issued, delivered and paid for as herein provided, will have been duly authorized and issued and will constitute valid and binding obligations of the Foundation enforceable against it in accordance with its terms and entitled to the benefits and security of this Loan Agreement, subject to any applicable bankruptcy, reorganization, insolvency, moratorium or other law affecting the enforcement of creditors’ rights and applicable principles of equity if equitable remedies are sought. 18 137616899.1 (i)Nature of Project. The Project consists, and at all times will consist, of land or property of a character subject to the allowance for depreciation provided in Section 187 of the Code. To the best of the Foundation’s knowledge and belief, no member of the governing body of the City or other officer or employee of the City is directly or indirectly interested in this Agreement, the Bonds, the Project or any contract, agreement or job hereby contemplated to be entered into or undertaken. (j)Tax-exempt Status. The Foundation is an organization described in Section 501(c)(3) of the Code, exempt from the payment of federal income taxes under Section 501(a) of the Code, and no revenues derived from any portion of the facilities financed with the proceeds of the Bonds shall be derived from a “private business (non- Section 501(c)(3)) use” within the meaning of Section 145 and related Sections, including Section 141, of the Internal Revenue Code, or constitute “unrelated business income,” within the meaning of Section 513(a) of the Code, except as specifically may be contemplated by Section 145(a) of the Code in amounts that would not require the interest on the Bond to become includible in gross income, for purposes of Federal income taxation. Specifically, the Foundation certifies, represents and covenants that the amount of space in the facilities financed with the proceeds of the Bonds (determined by fair market value and square footage) to be used in any “private business use” (non- Section 501(c)(3) use), within the meaning of Section 145(a)(2) and 141(b) of the Code, together with the amount of space in the facilities financed with the Bond to be used in any unrelated trade or business of the Foundation within the meaning of Section 511 of the Code, shall not exceed, in the aggregate, an amount equal to three percent (3%) of the total space in the facilities (as so determined) financed with the proceeds of the Bonds. (k)Collateral and Related Matters. The Foundation is the sole legal and equitable owner of the Pledged Property, having good, merchantable and insurable title or rights thereto free and clear of any and all liens or encumbrances. Section 5.2 City Warranties and Representations. The City warrants and represents to the Purchasers that the City: (a)Organization and Corporate Power. (1)is a validly created and existing body politic and corporate of the State of South Dakota, and (2)has all requisite power and authority under the laws of the State of South Dakota, including particularly the Act, to issue the Bonds for the purpose for which they are issued, to loan the proceeds thereof to the Foundation as evidenced by the Note, to enter into this Loan Agreement and the Tax Exemption Agreement and to pledge and collaterally assign the Note to the Purchasers under and pursuant to the provisions of this Loan Agreement as security for the payment of the principal of and interest on the Bonds. 19 137616899.1 (b)Legality of Transaction. The sale of the Bonds by the City and compliance by the City with all of the provisions of this Loan Agreement, the Bonds and the Loan Documents: (1)are within the powers of the City, and (2)are legal and will not conflict with, result in any breach by the City of any of the provisions of, or constitute a default under, any existing law, court or administrative regulations, decree or order or any agreement, indenture, mortgage, lease or other instrument to which the City is a party or by which it may be bound. (c)Pending Litigation. There are no proceedings pending or, to the knowledge of the City, threatened against or affecting the City in any court or before any governmental authority or arbitration board or tribunal which involve the possibility of an unfavorable decision, ruling or finding which would materially and adversely affect (1) the transactions contemplated hereby or the validity of the Bonds, this Loan Agreement, the other Loan Documents or any agreement or instrument to which the City is a party and which is used or contemplated for use in the consummation of the transactions contemplated hereby, or (2) the Federal tax exempt status of the interest on the Bonds. (d)Authorization of Transaction. The City has duly authorized: (1) the borrowing by the City to be evidenced by the Bonds upon the terms set forth herein; (2) the Loan of the proceeds of the Bonds to the Foundation; (3) the pledging and assigning by the City pursuant to the provisions of this Loan Agreement of the Note for the benefit and security of the Bonds; (4) the execution, delivery and receipt of the Bonds, the Loan Documents and any and all such other agreements and documents as may be required to be executed, delivered and received by the City in order to carry out, give effect to and consummate the transactions contemplated hereby; and (5) the effectuation and consummation of the transactions contemplated by the Loan Documents. (e)Validity of the Bonds. The Bonds, when issued, delivered and paid for as herein provided, will have been duly authorized and issued and will constitute valid and binding obligations of the City enforceable in accordance with their terms and entitled to the benefits and security of this Loan Agreement (subject to the limitations referred to in Section 2.9 and subject to any applicable bankruptcy, reorganization, insolvency, moratorium or other law affecting the enforcement of creditors’ rights generally or state agencies, municipalities or authorities, such as the City, from time to time in effect) and subject to applicable principles of equity if equitable remedies are sought. (f)Use of Proceeds. The City will apply the proceeds from the sale of the Bonds to the Loan to the Foundation under and pursuant to this Loan Agreement which the Foundation represents and warrants will be used to finance the costs of the Project. So long as the Bonds remain outstanding, and except as may be authorized by this Loan Agreement, the City will not issue or sell any bonds, Notes or other obligations, other than the Bonds sold hereunder, the interest or principal of which will be payable from payments upon the Note and other amounts payable by the Foundation to the City under 20 137616899.1 this Loan Agreement or which shall be secured by any pledge or assignment or other lien upon the Note. Section 5.3 Representations of the Purchasers. Each of the Purchasers represents to the City and the Foundation that it is acquiring the Bonds to be acquired by it for its own account in the ordinary course of its commercial banking business with its general corporate assets and not with the assets of any separate account in which any employee benefit plan has any interest, and with no present intention of distributing or reselling the Bonds to be acquired by it or any part hereof, provided that the Purchasers may grant participation in the Bonds to be acquired by it to any bank, savings institution, trust company or other participant (a “Participant”) so long as such participation is registered through a book entry system maintained by the Purchasers, as agent for the City for purposes of Section 149 of the Code. Each of the Purchasers, by its grant of a participation to any Participant, shall be deemed to have represented to the City and the Foundation that the Participant acquired its participation for its own account for investment with its general corporate assets and not with the assets of any separate account in which any employee benefit plan has any interest and with no present intention of distributing or reselling the same. It is understood that this representation is made without prejudice, however, to the right of the Purchasers and any participant at all times to sell or otherwise dispose of all of the Bonds to be acquired by them under a registration statement under the Securities Act and under applicable state securities laws, or under an exemption from registration available under the Securities Act or such laws. Each of the Purchasers represents to the City and the Foundation that it has received, and each Participant acquiring a participation in the Bonds will have received, all information the Purchasers or, as the case may be, the Participant deems necessary to evaluate and make an informed investment decision with respect to its purchase of the Bonds or, as the case may be, a participation in the Bonds, and that no Purchaser has relied and no Participant acquiring a participation in the Bonds will have relied upon the City for any information or data with respect to the Foundation, its condition, financial or otherwise, or the Project. ARTICLE VI CLOSING CONDITIONS; CONDITIONS TO DISBURSEMENTS Section 6.1 Initial Disbursements; Closing. The obligation of the City to make the Loan to the Foundation provided for in Section 2.1 and the obligation of the Purchasers to purchase the Bonds from the City provided for in Section 2.1 shall be subject to the following conditions precedent: (a)Foundation Closing Certificate. The warranties and representations contained in Section 5.1 shall (except as affected by the transactions contemplated by this Loan Agreement) be true in all material respects on the Closing Date, and the Foundation shall have provided a certificate in form and substance satisfactory to the Purchasers and the City, which certificate shall be dated as of the Closing Date and be signed by the President of the Foundation. (b)City Closing Bond Certificate. The warranties and representations contained in Section 5.2 shall (except as affected by the transactions contemplated by this 21 137616899.1 Loan Agreement) be true in all material respects on the Closing Date and the City shall have provided a certificate in form and substance satisfactory to the Purchasers and Bond Counsel shall have received a certificate from the Foundation to establish that the Bonds are not “arbitrage bonds” within the meaning of Section 148 of the Code, which certificate shall be dated as of the Closing Date and be signed by an official of the City responsible with others for the issuance of the Bonds. (c)Tax Agreement. The Foundation, City and Depository shall execute and deliver the Tax Agreement. (d)Opinions of Counsel. The City and the Purchasers shall have received the closing opinions of counsel for the City Attorney, counsel to the Foundation, and Bond Counsel, dated in each case as of the Closing Date, which opinions are acceptable to the City and the Purchasers. (e)Other Documents. On or before the issuance of the Bonds, the Purchasers shall have received any other documents reasonably requested by the Purchasers to be delivered on the Closing Date. (f)Proceedings Satisfactory. All proceedings taken in connection with the borrowings by the Foundation, the issuance of the Note and the issuance and sale of the Bonds and all documents and papers relating thereto shall be satisfactory to the City, the Purchasers and their respective counsel. (g)No Material Adverse Change. There shall not have occurred any change, which in the sole judgment of the Purchasers is materially adverse, in the condition (financial or otherwise) or operations of the Foundation or in the Project or the prospects for the timely and satisfactory completion of the construction of the Improvements and operation of the Project. Section 6.2 Subsequent Disbursements. The obligation of the Depository to make each Disbursement (including the initial Disbursement) from the Project Fund is subject to the following conditions precedent: (a)No Event of Default shall have occurred and be continuing or will exist upon the making of such Disbursement; (b)The representations and warranties contained in this Agreement shall be true and correct with the same force and effect as if made on the date of such Disbursement; (c)The Foundation shall have submitted a Disbursement Request; (d)There shall not have occurred any change, which in the sole judgment of the Purchasers is materially adverse, in the condition (financial or otherwise) or operations of the Foundation or in the Project or the prospects for the timely and satisfactory completion of the construction of the Improvements and operation of the Project; and 22 137616899.1 (e)Such other additional documents as may be requested by the Purchasers. ARTICLE VII FOUNDATION’S AFFIRMATIVE COVENANTS The Foundation covenants that on and after the date of issue of the Bonds and the Note, so long as the Bonds and Note are outstanding, and so long as the Purchasers remains committed to extend credit to the Foundation pursuant hereto, or any liabilities (whether direct or contingent, liquidated or un-liquidated) of Foundation to Purchasers under any of the Loan Documents remain outstanding, and until payment in full of all obligations of the Foundation subject hereto, the Foundation shall: Section 7.1 Payment of Taxes and Claims. Pay, before they become delinquent all taxes, assessments and governmental charges or levies imposed upon it or any of its real property. Section 7.2 Financial Records. Keep true books of record and accounts in which full and correct entries will be made of all of its business transactions all in accordance with GAAP. Section 7.3 Foundation Existence and Rights. Do, or cause to be done, all things necessary to preserve and keep in full force and effect its existence, rights and franchises, except as otherwise permitted by this Agreement. Section 7.4 Compliance With Law. Comply with all laws, ordinances, governmental rules and regulations to which it is subject and will obtain any licenses, permits, franchises or other governmental authorizations necessary to the conduct of its activities, which violations or failure to obtain might materially adversely affect the condition (financial or otherwise) of the Foundation. Section 7.5 Payment of Note and Maintenance of Office. Punctually pay or cause to be paid the principal and interest to become due in respect of the Note according to the terms thereof and will maintain an office in the State of South Dakota where notices, presentations and demands in respect of this Loan Agreement or the Note may be made upon it. Section 7.6 Indemnification of City and Purchasers. Shall indemnify and save the City and the Purchasers harmless against any loss, liability or expense, including reasonable attorneys’ fees, resulting from all claims by or on behalf of any Person, firm or Foundation arising from the conduct or management of, or from any work or thing done on, the Project during the term of the loan, and against and from all claims arising during the term of the loan from (a) any condition of the Project caused by the Foundation, (b) any breach or default on the part of the Foundation in the performance of any of its obligations under this Loan Agreement, (c) any contract entered into in connection with the acquisition, construction and installation of the Project, (d) any act of negligence or misconduct of the Foundation or of any of its agents, contractors, servants, employees or licensees, and (e) any act of negligence or misconduct of any assignee or lessee of the Foundation, or of any agents, contractors, servants, employees or licensees of any assignee or lessee of the Foundation. Foundation. The Foundation shall indemnify and save the City and the Purchasers harmless from and against all costs and expenses 23 137616899.1 incurred in or in connection with any action or proceeding brought thereon, and upon notice from the City or the Purchasers, the Foundation shall defend them or either of them in any such action or proceeding. Nothing contained herein shall be deemed as an indemnification by the Foundation or Purchasers for any act on said Purchasers or Purchasers’ part which is the cause or creation of the liability. In the event the issuance of the Bonds shall be deemed by a court of competent jurisdiction to be invalid or unconstitutional, the result of which is to render this Loan Agreement and any other corresponding agreements or collateral documents executed in furtherance of the Agreement and the underlying Bonds issue either void or voidable, the parties agree that City shall have no obligation or liability to Foundation or Purchasers for any loss or damage, whether direct or indirect, incurred as a result of such ruling. It is specifically agreed and understood by and amongst the parties that Foundation and Purchasers assume all risk and liability of whatever nature in that regard. To the extent that this provision may be deemed to be in conflict with any other provision of Agreement or any other corresponding agreement or collateral document, this provision shall be deemed controlling. Section 7.7 Financial and Other Information Reporting. Shall deliver to each of the Purchasers: (a)as soon as available and in any event on or before ________ of each Fiscal Year, the Foundation’s annual audited financial statements prepared by a certified public accountant in form and manner acceptable to Purchasers; (b)contemporaneous with each annual financial statement of the Foundation required hereby, the Foundation shall submit to the Purchasers and the Purchasers a certificate of the president, chief financial officer or other officer or representative of the Foundation satisfactory to the Purchasers, that the financial statements are accurate and that there exists no Event of Default nor any condition, at or event which with the giving of notice or the passage of time or both would constitute an Event of Default; (c)as soon as available and in any event within forty-five days of the end of each quarter, the financial statements for the Foundation, prepared by the Foundation together with a certification as to (1) the amount of Pledges received to date in the Pledge year and (2) the outstanding uncollected Pledges that the Foundation reasonably anticipates will be received for the current Pledge Year and each succeeding Pledge Year through and including the Pledge Year that ends on December [15], 2025; and (d)from time to time such additional information regarding the financial position, results of operations, business or prospects of the Foundation as the City or Purchasers may reasonably request Section 7.8 Pledges Covenant.The Foundation covenants and agrees that so long as any Bonds remain outstanding, it shall cause the aggregate amount of Pledges to exceed the outstanding principal amount of the Bonds. Section 7.9 Compliance With Other Agreements. Comply with and avoid any default under or with respect to any agreement relating to any of its facilities, including the 24 137616899.1 Project, which default would materially and adversely affect the Project or the condition (financial or otherwise) of the Foundation. Section 7.10 Prepayment for Compliance With Maturity Limitations. Prepay the Note to the extent necessary, in the opinion of Bond Counsel (which counsel and opinion, including without limitation the scope, form, substance and other aspects thereof, are acceptable to the Purchasers), to cause the average maturity of the Bonds to be no more than 120% of the average reasonably expected economic life of the facilities being financed with the proceeds of the Bonds, if upon completion of the Project any recalculation of the average reasonably expected economic life of the Project demonstrates that the average maturity of the Bonds exceeds 120% of the average reasonably expected economic life of the Project. Section 7.11 Ownership and Operation of the Facilities. The Foundation shall immediately notify the Purchasers in the event that the Facilities are no longer owned and operated by the Board of Regents of the South Dakota State University or if the Facilities are used by any Person for a “private business use” within the meaning of the Code. The Foundation acknowledges, recognizes and agrees that in the event the Facilities are no longer owned and operated by the Board of Regents, or if the Facilities are used by any Person for a “private business use”, then the Bonds may, upon the opinion of Bond Counsel, be automatically converted to Taxable Bonds and shall bear interest at the Default Rate. Section 7.12 Tax Covenants. The Foundation hereby acknowledges and confirms its obligations under Section 148 of the Internal Revenue Code of 1986, as amended, and regulations thereunder. Specifically, the Foundation agrees to comply with the rebate requirements imposed under Section 148(f) and pertinent regulations, including the requirement to make annual (or other periodic) calculations of the amount subject to rebate thereunder, and to maintain records of such determinations until six years after the retirement of the Bond, and the requirement to make in the minimum amounts required, all required rebate payments to the United States not later than sixty (60) days after each installment computation date, to and until the date which is sixty (60) days after the final computation date, when one hundred percent (100%) of such rebate payments due and owning shall be payable in full. Any expenses incurred in connection with the making of rebate computations shall be borne by the Foundation. If the Foundation shall fail to pay the full amount of any rebate required to be paid by the Foundation when such deposit is due, the City or the Purchasers may make payment to the United States, and such payment shall be an advance under this Loan Agreement. In construing the Foundation’s obligations hereunder, all terms used in this paragraph (a) shall have the meanings provided in Section 148(f) and regulations thereunder. The Foundation agrees to make all required rebate payments to the United States, as and when required, and such payments shall constitute additional Loan Payments under Section 2.3 hereof. ARTICLE VIII FOUNDATION’S NEGATIVE COVENANTS The Foundation covenants that on and after the date of issue of the Bonds and the Note, so long as the Bonds and Note are outstanding, and so long as the Purchasers remains committed to extend credit to the Foundation pursuant hereto, or any liabilities (whether direct or 25 137616899.1 contingent, liquidated or un-liquidated) of Foundation to Purchasers under any of the Loan Documents remain outstanding, and until payment in full of all obligations of the Foundation subject hereto, the Foundation shall not, without the prior written consent of the Purchasers, which will not be unreasonably withheld: Section 8.1 Arbitrage. Take any action or fail to take any action with respect to the investment of the proceeds of any Bonds or the Note, with respect to the payments derived from the Bonds or Note or hereunder or with respect to the purchase of other City obligations which may result in constituting the Bonds as “arbitrage bonds” within the meaning of such term as used in Section 148 of the Code. Section 8.2 Negative Pledge. Transfer, convey, grant a security interest or other encumbrance or otherwise pledge the Pledged Property to any other Person, other than the pledge and assignments permitted by Article XI. ARTICLE IX COUNTY COVENANTS The City covenants that on and after the date of issue of the Bonds and the Note, so long as the Bonds and Note are outstanding, and so long as the Purchasers remains committed to extend credit to the Foundation pursuant hereto, or any liabilities (whether direct or contingent, liquidated or un-liquidated) of Foundation to Purchasers under any of the Loan Documents remain outstanding, and until payment in full of all obligations of the Foundation subject hereto: Section 9.1 Payment of Bonds. Subject to the limited source of payment hereinafter referred to, the City will punctually pay or cause to be paid the principal and interest to become due in respect of the Bonds according to the terms thereof. The principal and interest on the Bonds is payable solely from payments by the Foundation upon the Note and under this Loan Agreement and the Pledged Property. The Note is hereby pledged and deposited with the Purchasers pursuant to this Loan Agreement. Section 9.2 City’s Duties. The City covenants and agrees to perform, abide by and to be governed and restricted by each and all of the terms, provisions, restrictions, covenants and agreements of the City set forth in this Loan Agreement and the Bonds and in each and every supplement hereto and thereto or amendment hereof or thereof which may at any time or from time to time be executed and delivered by the parties hereto or thereto, as the case may be, or their successors and assigns. Section 9.3 Warranty of Title. The City has full right, power and authority to pledge and collaterally assign the Note to the Purchasers for the uses and purposes set forth in this Loan Agreement. Section 9.4 Further Assurances. The City will execute, acknowledge and deliver all and every further act, deed, conveyance, transfer and assurance necessary or proper for the better assuring of the pledge and assignment to the Purchasers of the Note. The Foundation agrees to pay all expenses incurred by the City in connection with the performance by the City of its agreements under this Loan Agreement. 26 137616899.1 Section 9.5 Arbitrage. The City will not take any action or fail to take any action with respect to the investment of the proceeds of the Bonds or with respect to the payments derived from the Note or hereunder which may result in constituting the Bonds “arbitrage bonds” within the meaning of such term as used in Section 148 of the Code. Section 9.6 Code Covenants. The City expect that the City (together with any subsidiary entities under the control of the City and any entities that issue obligations on behalf of the City) will not issue tax-exempt obligations in calendar year 2017 which, along with the Bonds, would aggregate more than $10,000,000. Accordingly, the Bonds are hereby designated as “qualified tax-exempt obligations” within the meaning of Section 265(b)(3)(B) of the Code. The City agrees to comply with all provisions of the Code which, if not complied with by the City, would cause the interest on the Bonds to become subject to federal income taxation. In furtherance of the foregoing provisions, but without limitation, the City agrees: (a) through the officers of the City, to make such further specific covenants, representations as shall be truthful, and assurances as may be necessary or advisable; and (b) to comply with all representations, covenants and assurances contained in the Tax Exemption Agreement. Section 9.7 No Warranty of Condition or Suitability by the City; Exculpation and Indemnification. The City makes no warranty, either express or implied, as to the condition of the Project or that it will be suitable for the Foundation’s purposes or needs. ARTICLE X DEFEASANCE AND PAYMENT Section 10.1 Defeasance. Subject to Section 13.8, if the Foundation shall pay and discharge with funds or provide, in a manner satisfactory to the City, for the payment and discharge of the whole amount of the principal of, premium, if any, and interest on the Note at any time outstanding, and shall pay or cause to be paid all other sums payable hereunder, or shall make arrangements satisfactory to the City for such payment and discharge; then and in that case all Pledged Property, rights and interest conveyed or assigned or pledged shall revert to the Foundation, and the estate, right, title and interest of the City therein shall thereupon cease, terminate and become void; and this Loan Agreement, and the covenants (excluding the covenant in Section 2.4 (c)) of the Foundation contained herein, shall be discharged and the City in such case on demand of the Foundation and at its cost and expense, shall execute and deliver to the Foundation a proper instrument or proper instruments acknowledging the satisfaction and termination of this Loan Agreement, and shall convey, assign and transfer or cause to be conveyed, assigned or transferred, and shall deliver or cause to be delivered to the Foundation, all Pledged Property, including money then held by the City other than money deposited with the Purchasers for the payment of the principal and premium, if any, or interest on the Note together with the Note marked paid or canceled. ARTICLE XI SECURITY AGREEMENT AND RELATED OBLIGATIONS Section 11.1 Granting Clause - Foundation. In consideration of the purchase and acceptance of the Note and the loan of the funds evidenced thereby, and the purchase of the 27 137616899.1 Bonds by the Purchasers and of other good and valuable consideration, the receipt of which is hereby acknowledged, and in order to secure the payment and performance of the Note and the other covenants of the Foundation hereunder and under the other Loan Documents, the Foundation does hereby pledge, assign and grant a security interest to the City and its successors and assigns forever, in all of the Pledged Property. Section 11.2 Granting Clause - City. In consideration of the purchase of the Bonds by the Purchasers and of other good and valuable consideration, the receipt of which is hereby acknowledged and in order to secure the payment of the Bonds and all other amounts that may be due and owing in respect thereof, the City hereby does grant, pledge and collaterally assign to the Purchasers a security interest in and to all of the City’s right, title and interest in and to the following described property: (i) all of the City’s right, title and interest in the Note, including all payments, revenues and receipts derived by the City from the Foundation with respect to the Project; (ii) all of the City’s right, title and interest in the Pledged Property, and (iii) all moneys and securities from time to time held by or on behalf of the City under this Loan Agreement, and any other real and personal property of every kind and nature from time to time delivered, pledged, assigned or conveyed by the Foundation as security for the performance of its obligations hereunder and under the Note (collectively referred to herein as the “Assigned Collateral”). Section 11.3 Authorization. The Foundation hereby authorizes the City and the Purchasers to file a financing statement with the Secretary of State to perfect the security interest in the Pledged Property granted pursuant to this Loan Agreement, without its signature thereon, and to take such further actions as may be necessary or appropriate with respect thereto, including filing continuation statements or amendments to any financing statement. The Foundation agrees that, upon the reasonable request of the Purchasers, and to execute and deliver control agreements in form(s) acceptable to the Purchasers with respect to any deposit accounts maintained at financial institutions other than the Purchasers. Section 11.4 Change in Jurisdiction. The Foundation shall not change its name or change its jurisdiction of organization, whether by reincorporation or otherwise, without at least sixty (60) days prior written notice to the City and the Purchasers, or the Foundation’s Internal Revenue Service tax identification number, and in connection therewith shall take such action as the Purchasers may request to maintain its perfection in the Collateral. Foundation’s Internal Revenue Service tax identification number is 46-0273801. ARTICLE XII EVENTS OF DEFAULT Section 12.1 Nature of Events. An “Event of Default” shall exist if any of the following occurs and is continuing; (a)Principal and Interest Payment on Note. The Foundation fails to make the payment of principal of or interest on the Note on or before the date such payment is due; or 28 137616899.1 (b)Covenant Defaults. The Foundation fails to comply with any other provision of this Loan Agreement or any other Loan Document and such failure continues for more than thirty (30) days after written notice thereof to the Foundation by the City or the Purchasers; or (c)Warranties or Representations of Foundation. Any warranty, representation or other statement by or on behalf of the Foundation contained in this Loan Agreement, any other Loan Document or in any instrument furnished in compliance with or referred to therein is false or misleading, when made, in any material respect, and shall not be remedied by the Foundation within thirty (30) days after notice thereof from Purchasers or the City to the Foundation; or (d)Involuntary Bankruptcy Proceedings Against Foundation. A receiver, liquidator or trustee of the Foundation or of any of its real or personal property is appointed by court order and such order remains in effect for more than sixty (60) days; or the Foundation is adjudicated bankrupt or insolvent; or any of its real or personal property is sequestered by court order and such order remains in effect for more than sixty (60) days; or a petition is filed against the Foundation under any bankruptcy, reorganization, arrangement, insolvency, readjustment of debt, dissolution or liquidation law of any jurisdiction, whether now or hereafter in effect, and is not dismissed within sixty (60) days after such filing; or (e)Voluntary Petitions by Foundation. The Foundation files a petition in voluntary bankruptcy or seeks relief under any provision of any bankruptcy, reorganization, arrangement, insolvency, readjustment of debt, dissolution or liquidation law of any jurisdiction, whether now or hereafter in effect, or consents to the filing of any petition against it under such law; or (f)Assignments by Foundation for Benefit of Creditors, etc. The Foundation makes an assignment for the benefit of its creditors or admits in writing its inability to pay its debts generally as they become due, or consents to the appointment of a receiver, trustee or liquidator of the Foundation, or of all or any part of its real or personal property; or Section 12.2 Remedies on Default. If an Event of Default has occurred, the Purchasers shall have the following rights and remedies: (a)Acceleration of Note and Bonds. When any Event of Default has occurred and is continuing, the Purchasers may call said Bonds after giving written notice to the City of its intent to do so, by notice in writing sent by registered mail to the Foundation, declare the principal of and any accrued interest on the Note and Bonds to be immediately due and payable without further demand, presentment, protest or notice of any kind; and thereupon the Note and Bonds, including both principal and accrued interest, shall become immediately due and payable, and the Foundation agrees to pay the entire principal of and interest accrued on the Note and the Bonds, and the Foundation agrees to pay to the City and the owners of the Bonds all reasonable and necessary costs and expenses, including attorneys’ fees, incurred by them in the collection of the Note 29 137616899.1 and Bonds. Notwithstanding the foregoing, upon the occurrence of an Event of Default described in Section 12.1(d) or Section 12.1(e), the Bonds shall become automatically, without notice or any other action by the Purchasers or the Bondholders, immediately due and payable. (b)Other Action. In the event the Foundation does not promptly make payments as provided in Section 12.2(a), the Purchasers may take whatever action at law or in equity as may appear necessary or appropriate to collect the amounts due and thereafter to become due, or to enforce performance and observance of any obligation, agreement or covenant of the Foundation under this Loan Agreement, or to otherwise exercise all remedies available pursuant to this Loan Agreement, the Note, the Bonds, or any other instrument executed in connection with the issuance of the Bonds; provided, however, that the City shall have no pecuniary liability in the event such action is taken by or on behalf of the Purchasers. Section 12.3 Notice of Default. When any Event of Default has occurred, the Foundation agrees to give notice within fifteen (15) days of such Event of Default to the City and to the Purchasers; such notice to be in writing and sent by registered or certified mail or by telegram. Section 12.4 Nonwaiver. No course of dealing on the part of the City, the Purchasers or any Bondholder, nor any delay or failure on the part of the City, the Purchasers or the Bondholders to exercise any right shall operate as such right or otherwise prejudice the City’s or the rights, powers and remedies of the City or the Bondholders. Section 12.5 Annulment of Acceleration of Note and Bonds. In the event that the principal of and accrued interest on the Note and Bonds have been declared due and payable pursuant to Section 12.2(a) or Section 12.2(b), the Purchasers may, by written instrument filed with the City and the Foundation, rescind and annul such declaration and the consequences thereof, provided that, at the time such declaration is annulled and rescinded: (a)no judgment or decree has been entered for the payment of any monies due pursuant to the Note or the Bonds or this Loan Agreement; (b)all arrears of interest upon the Note and the Bonds and all other sums payable under the Note and the Bonds and under this Loan Agreement (except any principal and interest on the Note and the Bonds which has become due and payable by reason of such declaration under Section 12.2(a) or Section 12.2(b)) shall have been duly paid; and (c)each and every other Default and Event of Default shall have been waived or otherwise made good or cured; and provided further, that no such rescission and annulment shall extend to or affect any subsequent Default or Event of Default or impair any right consequent thereon. Section 12.6 Remedies Cumulative. The rights of the City or the Purchasers under this Agreement and the other Loan Documents, and all other agreements, shall be cumulative. 30 137616899.1 The City and the Purchasers shall have all rights and remedies not inconsistent herewith as provided under law or in equity, and no exercise by the Purchasers of one right or remedy shall be deemed an election, and no waiver by the Purchasers of any Default or Event of Default shall be deemed a continuing waiver. No delay by the Purchasers shall constitute a waiver, election, or acquiescence by it, and no waiver shall be effective unless in a written document signed by the Purchasers and then it shall be effective only in the specific instances and for the specific purpose for which it was given. The Foundation expressly agrees that this Section 12.6 may not be waived or modified by the Purchasers by course of performance, conduct, estoppel or otherwise. ARTICLE XIII MISCELLANEOUS Section 13.1 Notices. (a)All communications under this Loan Agreement, the Note, or the Bonds shall be in writing and shall be mailed by first class mail, postage prepaid, addressed as follows: If to the Foundation, at:South Dakota State University Foundation Attn: President 815 Medary Avenue P.O. Box 525 Brookings, SD 57007 If to the City, at:City of Brookings, 520 3rd St., Suite 230 Brookings, SD 57006 If to First Premier, at:FIRST PREMIER BANK 601 S. Minnesota Ave P.O. Box ___ Sioux Falls, SD 57104 If to First Bank & Trust, at FIRST BANK &TRUST P.O. Box Brookings, SD ____ or at such other place as any such party may designate by notice duly given in accordance with this Section. Copies of all notices or other communications sent to the Foundation, the Purchasers or the Purchasers under this Loan Agreement shall also be sent to the City at its address and in the manner provided for in this Section. (b)Any notice so addressed and mailed by registered or certified mail shall be deemed to be given when so mailed. 31 137616899.1 Section 13.2 Reproduction of Documents. This Loan Agreement and all documents relating thereto, including, without limitation, (a) consents, waivers and modifications which may hereafter be executed, (b) documents received by the City, the Purchasers or the Purchasers at the closing (except the Note and the Bonds themselves), and (c) financial statements, certificates and other information previously or hereafter furnished to the City, may be reproduced by any party hereto by any photographic, photostatic, microfilm, micro-card, miniature photographic or other similar process and any party hereto may destroy any original document so reproduced. Each of the parties hereto agrees and stipulates that any such reproduction shall be admissible in evidence as the original itself in any judicial or administrative proceeding (whether or not the original is in existence and whether or not such reproduction was made by any party hereto in the regular course of business) and that any enlargement, facsimile or further reproduction of such reproduction shall likewise be admissible in evidence. Section 13.3 Survival. All warranties, representations and covenants made by the Foundation or the City herein or on any certificate or other instrument delivered by it or on its behalf under this Loan Agreement shall survive the closing and the issuance and delivery and payment of the Note and the Bonds. Section 13.4 Successors and Assigns. This Loan Agreement shall inure to the benefit of and be binding upon the successors and assigns of each of the parties. This Loan Agreement may not be assigned by the Foundation without the prior written consent of the Purchasers. Section 13.5 Amendment and Waiver. This Loan Agreement and any documents executed hereunder may be amended and the observance of any term of this Loan Agreement may be waived with (and only with) the written consent of the Foundation, the City, the Purchasers and the Purchasers. Section 13.6 Immunity of Directors, Officers and Employees. No recourse shall be had upon any obligation, covenant or agreement in this Loan Agreement contained against any past, present or future officer, commissioner or employee of the City, or of any successor, as such, either directly or through the City or any successor, under any rule of law or equity, statute or constitution, or by the enforcement of any assessment or penalty or otherwise. To the extent that immunity is afforded by statute, the directors, officers and employees of the Foundation shall also not be liable for any obligation hereunder. All such liability of any such directors, officers or employees, as such, is hereby expressly waived and released as a condition of and as consideration for the for the execution of this Loan Agreement. Section 13.7 Counterparts. This Loan Agreement may be executed in any number of counterparts, each of which shall be an original, but all of which together shall constitute one and the same instrument. All of the parties hereto may sign the same counterpart or any one or more of the parties hereto may sign separate counterparts. This Loan Agreement shall become effective when the Purchasers has signed a counterpart which has been executed by the Foundation and the City. Section 13.8 Reinstatement. This Loan Agreement and the other Loan Documents shall remain in full force and effect and continue to be effective against the Foundation should any petition be filed by or against the Foundation for liquidation or reorganization, should the 32 137616899.1 Foundation become insolvent or make an assignment for the benefit of creditors or should a receive or trustee be appointed for all or any significant part of the Foundation’s property and assets, and shall continue to be effective or be reinstated, as the case may be, if at any time payment and performance of the Secured Obligations secured by this Loan Agreement is, pursuant to applicable law, rescinded or reduced in amount or must otherwise be restored or returned by any obligee of the indebtedness secured hereby, whether as a “voidable preference,” “fraudulent conveyance” or otherwise, all as though such payment or performance had not been made. In the event that any payment, or any part thereof, is rescinded, reduced, restored or returned, the Secured Obligations shall be reinstated and deemed reduced only by such amount paid and not so rescinded, reduced, restored or returned. IN WITNESS WHEREOF, the parties hereto have executed this Loan Agreement as of the day and year first written above. [Remainder of page intentionally left blank.] 33 137616899.1 SOUTH DAKOTA STATE UNIVERSITY FOUNDATION By Its President ATTEST: Its Secretary CITY OF BROOKINGS, SOUTH DAKOTA By Its Mayor ATTEST: City Clerk FIRST PREMIER BANK, as a Purchaser and as Depository By Its Vice-President FIRST BANK & TRUST, as a Purchaser By Its ____________________________________ 34 137616899.1 EXHIBIT A The Project includes two structures located on the campus of South Dakota State University (which is the owner of the land), the street address of which is Administration Ln, Brookings, South Dakota, and on certain adjacent land, all of which is generally described as bounded on the North by SD Bypass 14, on the East by 22nd Avenue, on the South by 8th Street, and on the West by Medary Avenue, all within the City of Brookings, South Dakota. The 2017 Project is currently expected to consist generally of the following: (i)A major expansion and remodeling of the South Dakota State University Performing Arts Center, including construction, equipping and furnishing of such facility; and (ii)The construction, equipping and furnishing of a practice gym facility adjacent to the Stanley Marshall HPER academic and athletic facility. 35 137616899.1 EXHIBIT B Disbursement Request First Premier Bank Attention: ____________ Sioux Falls, South Dakota Re:City of Brookings Economic Development Revenue Bonds, Series 2017 (South Dakota State University Foundation Project) Project Fund Disbursement Request: Requisition No. 1 This Project Fund Disbursement Request (this “Written Request” or “Requisition”) is submitted pursuant to the provisions of Section 3.2 of that certain Loan and Security Agreement dated as of December __, 2017 between City of Brookings (the “Issuer”) and South Dakota State University Foundation (the “Foundation”) (the “Agreement”). The terms used herein have the same meanings as when used in the Agreement except where the context otherwise requires. The Foundation hereby requests that the Depository pay or reimburse the Foundation for costs of the Project summarized in Schedule A attached hereto, such payment or reimbursement to be made from funds held in the Project Fund. In support of this Written Request, the Company states as follows: (a)This Written Request is requisition number __; (b)This Written Request relates to a withdrawal of money from the Project Fund to pay or reimburse the Company for payment of Qualified Project Costs as defined in the Tax Regulatory Agreement relating to the Bonds; (c)The person, firm or corporation to whom payment or reimbursement is due is listed on the attached Schedule A; (d)The description of the item for which payment or reimbursement is requested, the amount to be paid or reimbursed and the general classification of the costs to be paid or reimbursed is set forth in the attached Schedule A; (e)The amounts referred to in paragraph (c) and (d) above have been made or incurred by the Foundation for or in connection with the Project and constitute Qualified Project Costs; (f)Each item of such costs is a proper charge against the Project Fund and has not heretofore been paid or reimbursed from the proceeds of the Bonds; (g)No part thereof was included in any other Written Requests previously filed with the Depository under the provisions of the Agreement; 36 137616899.1 (i)The payment or reimbursement for such item described in this Written Request (i) will not cause the weighted average maturity of the Bonds to exceed 120% of the weighted average of the reasonably expected economic life of the Bond Financed Property as defined in the Tax Regulatory Agreement relating to the Bonds unless the Foundation first certifies to the Depository and the Issuer in a written statement that it expects to be able to shorten the average maturity of such Bonds to not more than 120% of the average reasonably expected economic life of such Bond Financed Property pursuant to Section 7.10 of the Agreement, (ii) the payment or reimbursement for such item will not result in the Project being used for any purpose prohibited by the Agreement, and (iii) will not result in the Project or any portion thereof not being located on real property owned by or leased to the University; (j)No items for which payment or reimbursement is sought are located at any location which was not described in the notice of public hearing published in connection with the issuance of the Bonds or exceed the principal amounts set forth in such notice of public hearing for those items, taking into account the amount of Bond proceeds (if any) previously applied to the payment or reimbursement of such; (k)The withdrawal and use of the Project Fund moneys for the purpose intended, as described in this Written Request, will not cause any of the representations or certifications contained in the Tax Regulatory Agreement to be untrue or incomplete and the Company understands and agrees that the item to be so paid or reimbursed shall be considered to be Bond Financed Property and part of the Project for all purposes of the Agreement and is subject to the provisions, covenants and terms of the Tax Regulatory Agreement; and 37 137616899.1 In accordance with the provisions of the Agreement, the Foundation has caused this Project Fund Disbursement Written Request to be signed on its behalf this _____ day of ________, ____. SOUTH DAKOTA STATE UNIVERSITY FOUNDATION Name: ____________________________________ Title: _____________________________________ 137616899.1 SCHEDULE A PAYEE DESCRIPTION OF COSTS AMOUNT (1) (2) (3) (4) (5) (6) (7) _____________________________________________________________________________________________ Total $ (include wiring instructions for all items to be wired and addresses for checks to be mailed) 39 137616899.1 Exhibit 1 Project Costs to be Reimbursed "Hard Costs" (Placed in Service Date)Spent-to-Date $ "Soft Costs" $ $ Total $ 40 137616899.1 SCHEDULE A SCHEDULE OF AMOUNTS ADVANCED Amount Amount Advanced Advanced Total Amount as to as to Notation Date Advances3 Advanced Bond R-1 Bond R-2 Made By 3 Depository shall enter the proportionate of Advance based upon the ratio of Maximum Principal amount of this Bond to aggregate Maximum Principal Amount of Outstanding Bonds 41 137616899.1 SCHEDULE B Principal Payment Number Payment Date Principal Amount Paid4 Bond R-1 Remaining Balance R-1 Principal Amount Paid Bond R-2 Remaining Balance R-2 6/30/18 12/31/18 6/30/19 12/31/19 6/30/20 12/31/20 6/30/21 12/31/21 6/30/22 12/31/22 6/30/23 12/31/23 6/30/24 12/31/24 6/30/25 12/31/25 4 Depository shall enter the proportionate amount of total principal being paid based upon the ratio of Maximum Principal amount of this Bond to aggregate Maximum Principal Amount of Outstanding Bonds 137620661.2 No. R-1 $___________ UNITED STATES OF AMERICA STATE OF SOUTH DAKOTA CITY OF BROOKINGS, SOUTH DAKOTA ECONOMIC DEVELOPMENT REVENUE BOND, SERIES 2017 (SOUTH DAKOTA STATE UNIVERSITY FOUNDATION PROJECT) Initial Interest Rate Maturity Date Dated Date CUSIP 3.15%December 31, 2025 December __, 2017 N/A Registered Owner:_____________________ Maximum Principal Amount:________________________ ($__________________) CITY OF BROOKINGS, South Dakota (the “City”), a body politic and corporate duly created and existing under and by virtue of the laws of the State of South Dakota, for value received hereby promises to pay to the Registered Owner identified above, or registered assigns as hereinafter provided, on the Maturity Date identified above, the principal sum equal to the sum of the amounts entered by the Depository (defined below) on Schedule A attached to the Loan and Security Agreement (defined below) under “Total Amount Advanced,” but not to exceed the Maximum Principal Amount identified above (or such lesser amounts as remains outstanding) and to pay interest (computed on the basis of a 360-day year of twelve 30-day months) on such Principal Amount from the Dated Date of this Bond at the Interest Rate per annum set forth above on each June 30 and December 31, commencing June 30, 2018, until said Principal Amount is paid. Principal of this Bond is payable in lawful money of the United States of America upon presentation and surrender at the principal office of First Premier Bank, as depository, bond registrar and paying agent, or its successor (the “Depository”), under that certain Loan and Security Agreement, dated as of even date herewith (as the same may be amended (the”Act”) and the Charter of the City of Brookings, supplemented or otherwise modified from time to time, the “Loan and Security Agreement”), between the City, South Dakota State University Foundation, a South Dakota nonprofit corporation (the “Foundation”), the Depository and the initial “Purchasers”(as defined in the Loan and Security Agreement). Payment of the installments of interest shall be made to the Registered Owner hereof as shown on the registration books of the City maintained by the Depository as of the close of business on the fifteenth day of the month next preceding the interest payment date (whether or not a business day) and shall be paid by check or draft of the Depository, in lawful money of the United States of America, mailed to the address of such Registered Owner as it appears on such registration books or at such other address furnished in writing by such Registered Owner to the Bond Registrar provided that, so long as $500,000 principal amount of the Series 2017A Bonds is registered in the name of the Registered Owner or its nominee, the payment of installments of interest on all Bonds registered in the name of the Registered Owner or its nominee may, upon written request to the Bond Registrar, be paid by wire transfer on the due date as provided in the hereinafter described Bond Resolution. 2 137620661.2 THIS BOND is one of a duly authorized series of Bonds of the City authorized to be issued pursuant to Resolution No. ____ adopted by the City Council of the City on November 28, 2017, (the “Resolution”), authorizing the issuance of this Bond and the loaning of the proceeds hereof to the Foundation), which loan will be evidenced by a Promissory Note (the “Note”), of the Foundation in the principal amount of $9,700,000.00 to be issued under the Loan and Security Agreement and secured solely by the revenues, receipts and other assets of the Foundation as provided therein, all pursuant to the authority of and in conformity with the provisions, restrictions and limitations of the Constitution and statutes of the State of South Dakota, including particularly Chapter 9-54 of the South Dakota Codified Laws as amended (the “Act”) and the Charter of the City of Brookings, and pursuant to proceedings duly had by the governing body of the City. Capitalized terms used, but not otherwise defined herein, shall have the meaning assigned to such term in the Loan Agreement. Reference is hereby made to the Resolution, Loan Agreement and other documents for a description of the provisions with respect to the nature and extent of the security for the Bond, the rights, duties and obligations of the City, the Bondholder and the holders of the Bond, and the terms upon which the Bond is issued and secured. UPON EACH DISBURSEMENT of Loan amounts to the Foundation pursuant to the Loan and Security Agreement, the Depository shall enter (or cause to be entered) the amount advanced on Schedule A under "Advances" and the total amount advanced under the Loan and Security Agreement, including such disbursement under "Total Amount Advanced" reflecting a disbursement of a corresponding principal amount of the Bonds. THIS BOND is subject to mandatory sinking fund installments of principal as provided in Section 2.4 of the Loan and Security Agreement on each December 31 commencing on December 31, 2018. In addition, this Bond is subject redemption and payment prior to maturity by the City at the option and upon the direction of the Foundation, in whole or in part at any time on any Business Day upon notice as provided in the Loan and Security Agreement. UPON EACH PAYMENT of principal with respect to the Bonds, the amount paid on each Bond shall be recorded by the Depository on Schedule B attached to the Loan and Security Agreement. IN THE EVENT OF A DETERMINATION OF TAXABILITY or a Determination of Loss of Section 265(b)(3) Qualification as defined in the Loan Agreement, the Bond shall be converted to Taxable Bond and shall bear interest, as more fully set forth in the Loan Agreement. THE BOND and the interest thereon are limited obligations of the City payable exclusively out of the revenues derived by the City from the Foundation’s Gross Receipts, including but not limited to the payments, revenues and receipts derived by the City under the Loan Agreement and the Note, and are secured by a pledge and assignment of such payments, revenues and receipts all as provided in the Loan Agreement. The Bond and the interest thereon do not constitute a debt or general obligation of the City or the State of South Dakota, and are not payable in any manner by taxation, and the Bond shall not constitute an indebtedness within the meaning of any constitutional or statutory debt limitation or restriction. Pursuant to the provisions of the Loan Agreement and the Note, payments sufficient for the prompt payment when due of the interest and premium, if any, and principal of the Bond is to be paid by the 3 137620661.2 Foundation directly to the Bondholder for the account of the City and applied against the outstanding balance of the Bond. NO RECOURSE shall be had for the payment of the principal of or interest on any of the Bond for any claim based thereon or upon any obligation, covenant or agreement in the Loan Agreement contained, against any past, present or future officer, employees, commissioners or member of the governing body of the City, as such, either directly or through the City or any successor corporation or body politic, under any rule of law or equity, statute or constitution or by the enforcement of any assessment or penalty or otherwise, and all such liability of any such officers or members, as such, is hereby expressly waived and released as a condition of and consideration for the execution of the Loan Agreement and the issuance of any of the Bond. THE HOLDER of this Bond shall have no right to enforce the provisions of the Loan Agreement or to institute action to enforce the covenants therein, or to take any action with respect to any event of default under the Loan Agreement, or to institute, appear in or defend any suit or other proceedings with respect thereto, except as provided in the Loan Agreement. In certain events, on the conditions, in the manner and with the effect set forth in the Loan Agreement, the principal of all the Bond issued under the Resolution and Loan Agreement and then outstanding may become or may be declared due and payable before the stated maturity thereof, together with interest accrued thereon. Modifications or alterations of this Bond or the Loan Agreement may be made only to the extent and in the circumstances permitted by the Loan Agreement. THIS BOND is transferable, as provided in the Loan Agreement, only upon the registration books of the City kept for that purpose, by the registered owner hereof in person or by his duly authorized attorney, upon surrender of this Bond together with a written instrument of transfer satisfactory to the City Finance Director, duly executed by the registered owner or his duly authorized attorney, and thereupon a new Bond, in the same principal amount, shall be issued to the transferee in exchange therefor as provided in the Loan Agreement and upon payment of the charges therein prescribed. The City and the City Finance Director may deem and treat the person in whose name this Bond is registered as the absolute owner hereof for the purpose of receiving payment of, or on account of, the principal or redemption price hereof and interest due hereon and for all other purposes. THIS BOND shall not be valid or become obligatory for any purpose or be entitled to any security or benefit under the Loan Agreement until the Certificate of Authentication hereon shall have been executed by the City Finance Director and this Bond shall have been attested by an attorney actually residing in and duly licensed to practice in the State of South Dakota. IT IS HEREBY CERTIFIED AND DECLARED that all acts, conditions and things required to exist, happen and be performed precedent to and in the execution and delivery of this Bond do exist, have happened and have been performed in due time, form and manner as required by law. IN WITNESS WHEREOF, CITY OF BROOKINGS, South Dakota, has caused this Bond to be executed in its name and on its behalf by the manual or facsimile signature of its 4 137620661.2 Mayor and City Clerk and its seal to be affixed hereto or imprinted hereon, all as of the dated date identified above. CITY OF BROOKINGS, SOUTH DAKOTA By Mayor (SEAL) ATTEST: City Clerk CERTIFICATE OF AUTHENTICATION This Bond is one of the Bond described in the aforementioned Resolution. FIRST PREMIER BANK, as Depository and Bond Registrar By: Its: ATTORNEY’S COUNTERSIGNATURE I, the undersigned, an attorney actually residing in the State of South Dakota and duly licensed to practice therein, hereby countersign the within Bond as of __________, 2017. Attorney 5 137620661.2 ASSIGNMENT AND TRANSFER FOR VALUE RECEIVED, the undersigned hereby sells, assigns and transfers unto Print or Type Name and Address of Transferee the within Bond and all rights thereunder, and hereby irrevocably constitute and appoint ____________________ to transfer with full power of substitution in the premises. Dated: NOTICE: The signature to this assignment must correspond with the name as it appears upon the face of this Bond in every particular, without alteration or enlargement or any change whatever. Signature Guaranteed By: (Name of Bank) By Its [Seal of Bank] PLEASE INSERT SOCIAL SECURITY OR TAXPAYER IDENTIFICATION NUMBER OF TRANSFEREE 137622413.1 PROMISSORY NOTE __________, 2017 $9,700,000.00 FOR VALUE RECEIVED, the undersigned, SOUTH DAKOTA STATE UNIVERSITY FOUNDATION, a South Dakota nonprofit corporation (the “Foundation”), hereby promises to pay to the order of CITY OF BROOKINGS, SOUTH DAKOTA, a body politic and corporate constituting a public instrumentality created under the laws of the State of South Dakota (the “City”), the principal sum of NINE MILLION SEVEN HUNDRED THOUSAND DOLLARS ($9,700,000.00) or such lesser amount as shall have been advanced and remains outstanding under the below defined Loan Agreement together with interest on the unpaid principal balance of this Promissory Note (the “Note”), from the date of the execution and delivery hereof until such obligations have been fully and finally satisfied, at a fixed rate per annum of 3.15% calculated on the basis of a calendar year of 360 days. This Note is issued to evidence the obligation of the Foundation under and pursuant to, and shall be governed by and construed in accordance with the terms and conditions of, a Loan and Security Agreement, dated of even date herewith, between the Foundation, the City, First Premier Bank and First Bank & Trust (as amended, supplemented or otherwise modified from time to time, the “Loan Agreement. This Note is secured as provided in the Loan Agreement. Payments hereunder have been assigned by the City to First Premier Bank, as Depository, under the Loan Agreement. Capitalized terms not defined herein shall have the meaning given thereto in the Loan Agreement. Each payment hereunder shall be required to be made at such times and in such amounts such that the payments at all times shall be sufficient to pay the total amount of interest and principal on the Bonds (whether at scheduled maturity, by acceleration, or by redemption as provided therein) when and as due thereon. As provided in the Loan Agreement and subject to the provisions thereof, payments hereon are to be made in immediately available funds constituting lawful money of the United States of America at the principal office of First Bank & Trust, or such other place as provided in the Loan Agreement. This Note may be prepaid in whole or in part only in accordance with the provisions of the Loan Agreement. The Foundation agrees to make the payments on this Note on the dates and in the amounts specified herein and in the Loan Agreement and in addition agrees to make such other payments at such times and upon such conditions as are required pursuant to the Loan Agreement. Upon the occurrence of an Event or Default, as described in the Loan Agreement, the principal of and interest on this Note may be declared immediately due and payable, all as provided in and consistent with the Loan Agreement, so that at all times the payments required 2 137622413.1 hereunder shall be sufficient to pay principal, interest and premium on the Bond as and when due. Failure to exercise this option shall not constitute a waiver of the right to exercise the same in the event of any subsequent occurrence of such an Event of Default. If this Note shall be placed in the hands of an attorney or attorneys for collection, the Foundation agrees to pay, in addition to the amount due hereon, the reasonable costs and expenses of collection, including reasonable attorneys’ fees. This Note may be canceled, amended or supplemented as provided in the Loan Agreement. Presentment for payment, notice of dishonor, protest and notice of protest are hereby waived by the Foundation. IN WITNESS WHEREOF, the Foundation has caused this Note to be duly executed and its corporate seal to be affixed hereto. SOUTH DAKOTA UNIVERSITY FOUNDATION By Its President Attest: Secretary ASSIGNMENT Pay to the order of First Premier Bank, as Depository, said First Premier Bank shall apply all funds received hereunder as provided in the Loan Agreement, as defined in the foregoing Promissory Note, Series 2017. This assignment shall be without recourse to the undersigned. CITY OF BROOKINGS, SOUTH DAKOTA By Mayor ATTEST: Finance Officer @BCL@980D5349.DOCX CITY OF BROOKINGS,SOUTH DAKOTA NOTICE OF PUBLIC HEARING WITH RESPECT TO SOUTH DAKOTA STATE UNIVERSITY PROJECTS AND THE ISSUANCE OF BONDS UNDER SOUTH DAKOTA CODIFIED LAWS CHAPTER 9-54,AS AMENDED NOTICE IS HEREBY GIVEN that the City Council of the City of Brookings, South Dakota (the “City”) will meet on November 28, 2017, at 6 p.m. at the Brookings City & County Government Center, Room 310 (Chambers), Brookings, South Dakota, for the purpose of conducting a public hearing on the proposal to issue revenue bonds in a principal amount not to exceed $9,700,000 (the “Bonds”), pursuant to South Dakota Codified Laws, Chapter 9-54, as amended (the “Act”), in order to finance projects on behalf of South Dakota State University Foundation, a South Dakota nonprofit corporation (the “Corporation”), which supports the educational mission of South Dakota State University (the “University”) in Brookings, South Dakota. Proceeds derived from the sale of the Bonds will be lent to the Corporation and will be used together with other available funds of the Corporation (i) to finance costs associated with the projects described below (the “2017 Project”), and (ii) to pay certain costs of issuing the Bonds. The 2017 Project includes two structures located on the campus of South Dakota State University (which is the owner of the land), the street address of which is Administration Ln, Brookings, South Dakota, and on certain adjacent land, all of which is generally described as bounded on the North by SD Bypass 14, on the East by 22nd Avenue, on the South by 8th Street, and on the West by Medary Avenue, all within the City of Brookings, South Dakota. The 2017 Project is currently expected to consist generally of the following: (i)A major expansion and remodeling of the South Dakota State University Performing Arts Center, including construction, equipping and furnishing of such facility; and (ii)The construction, equipping and furnishing of a practice gym facility adjacent to the Stanley Marshall HPER academic and athletic facility. All of the 2017 Project facilities will be owned, managed, and operated by South Dakota State University. Following the public hearing, the City Council of the City will consider the adoption of a resolution approving the issuance of the Bonds in an aggregate principal amount not expected to exceed $9,700,000. The Bonds will be limited obligations of the City, payable solely from revenues and other properties of the Corporation pledged to the payment thereof. The Bonds will not be general or moral obligations of the City, and will not be secured by, or payable from, any assets, revenues, or other property of the City, and will not be secured by or payable from any revenues derived from any application of the taxing powers of the City. This Notice is required by the Internal Revenue Code of 1986, as amended. At the time and place set for the public hearing, residents, taxpayers, and other interested persons will be given the opportunity to express their views, both orally and in writing, on the proposed 2017 Project, the Bonds and on the location and nature of the 2017 Project. Written comments may also be - 2 - 131843394.4 submitted to the Finance Director, City Hall, 520 3rd Street, Suite 230, P.O. Box 270, Brookings, South Dakota, 57006, or at scostello@cityofbrookings.org. Additional information may be obtained from the City at the preceding address. Date: October 24, 2017 By ________________________ Shari Thornes, City Clerk