Item Coversheet

11.A.


Shakopee City Council
July 21, 2020

FROM:Nate Reinhardt, Finance Director
TO:Mayor and Council Members
Subject:
City Bill List
Policy/Action Requested:
None
Recommendation:
Informational only
Discussion:

 

Attached is the most recent monthly Financial Report for the General fund. These reports reflect the expenditures as recorded for 2020 activity. The following transactions are notable for this reporting cycle:

 

  • 2020 1st half tax increment/tax abatement settlements have been paid out to:

    • All Saints Living $88,706.23

    • Entrusted Datacard $36,965.00

    • J & J Minneapolis (Sanmar) $158,346.60

    • Rahr Malting Co $310,230.38

    • Rosemount (Emerson) $72,516.00

    • Scott County (Amazon) $284,229.14

    • Shutterfly $64,344.00

    • US Bank Operations Corp Trust (City Center) $32,991.93

 

  • Molnau Trucking LLC has submitted pay voucher 2 for the 2020 Pavement Mill & Overlay.  As of June 26, they estimate they are 78% completed with the project. $617,197.92

 

  • WM Mueller & Sons submitted pay voucher 1 for the Full-Depth Pavement Reconstruction. $394,103.47

 

Included in the check list are various refunds, returns, and pass through.

Budget Impact:

Operating and capital expenditures within the 2020 budget.

ATTACHMENTS:
Description
Monthly Financial Report
Council Check Summary
Bill List Transfers